Grand Rapids Herald-Review Newspaper, October 3, 1896, Page 4

Hy 7 Grane Brand apis Meratée'leview Pubilshed Every Saturday. j y BE, C, KILEY. TWO DOLLARS A YEAR IN ADVA Six Months.. 00 | Three Months... Entered in the postofice at Grand Rapids matter, Minnesota. as secoud-cla DEMOCRATIC TICKET. For President— WILLIAM J. BRYAN. ‘or Viee P. jent— ARTHUR SEWALL. resentative in Congress for Distriet— CHARLES A. TOWNE, of Duluth. Governor— JOHN LIND, of BI Lieutenant Governor— J. M. BOWLER. | of Renville For wrth County. For County. H x Seeretary of Stato— JULIUS HENRICH, fennepin County, k ¢ For State Treasurer— ALEX McKINNON, - »f Polk County. Fer Attorney General— JOHN A. KEYES, ouis County. of St fty-third district- THOMAS R. FOLEY, of Aitkin County. Senator, sentative, Fifty-third Dis DANIEL W. DORAN, | DEMOCRATIC COUNTY TICKET. | : | r Auditor— | WILLIAM C. Yor Tres gu LACROTX. urer— i iOMAS J. WELSH. Sherifi— MICHAEL L. ister of Deeds— IARLES KEARNEY. TOOLE. For County Attorney— FRANK F. PRICE. Yor Judge of Probate—- HDWARD C. KILEY. t r Clerk of Court— PATE VARLEY. i. Surveyor— RANK SMITH. Superintendent of Schools— MRS. PERMELIA STILSON. For County Commisssioner,2nd Dist.— A. E. WILDER. For Court Commissioner— T. M. BRADY. NO SECTIONAL ISSUE ‘The slings and arrows of our gold x contemporary utterly fail to have t when they are directed at Con- gressman Hartman, who came here in warm and Joyal friendship fur Hon. Charles A. Towne and the cause of bimetallism. Because the gentleman is a resident.##. Montana, the Magnet y fit to : “There is a general feeling that speech rom the silver states are actuate ‘e by commer- moti triotic ones.” Tt willbe di remembered by all of his audience that Con- stress upon the fact that increased prices tollow- ing free coinege cf silver would en- hance the values of wool, cattle, horses, copper, lead, fruits and agri- culiural products in general, far more in his great silver producing state than it would benefit its silver mine; owners. He utterly gemolished all thoughts of his persotial gain from the appreciation of siiver by offering | ge gressman Hartman laid ; Monometallism. welfare of the husbandmen of Mon- tana, Mr. Hartman voiced the inter- ests of the Union in general—-inter- ests that are vastly more important than all of the silver mining interests of the United States. Why he should Minnesota in this patriotic on is a mystery which only the Magnet man is capable of springing ujon the public. There was, throughout the large audience, a feel- ing ot hearty satisfaction. with Mr. Hartman’s views which no shaft of the Magnet is likely to dispel. As | for its other flings, they are still less worthy of notice. Those who were at tbe Hartman meeting cannot be bam- boozled and will back their knowl- e with their'votes at the coming | tion. | el THE DANGER “OF THE FUTURE.) The more the nations expand the | legal tender quality of silver the greater will be the demand for the white metal, and as most economists contend that prices depend upon sup- ply and demand, bullion as compared with gold, should rise with the increase of demaud. A deceptive and dangerous doctrine | —a delusion and a snar s that !which contends that the coinage of silver is tantamount te the subsidiar remonetization of silver and the es- tablishment of bimetallism. On the contrary, that method of coining silver without giving the metal the legal tender value that should extend its utility and increase’ the demand for it among the nations is in realty It tends to lea silver but little better than paper) “promises to pay.” Every dollar that is added to such subsidiary coir only increases the dangers of mor metallic exaction. Such expansion of | the currency is hazardous. RK. 8. | riggs, although shouti for gold 1ometailism here ‘Tuesday night, | silver,’ coined previous ‘cuts no figurein my remarks’ and his utterance only emphasized } the fact that the isping mono- metallists are opposed to recognizing subsidiary silver as legal’ tender by ther any or all of the nations. larger the totai of*‘promises to pay ’be- comes the more disastrous will be the | | results in enforcing the single gold | standard. Subsidiary silver is-a pit- fail for the unwary. It tends to. re- duce the precious metal to the plane of the cepper coin, THE WAGE EARNERS SUFFER. If the declines in prices were ac- | companied by declines in the amount of mortgage debts, the evils of the appreciating single standard would not be felt so keenly in a producing country. ‘In buying products at low prices people should remember that there are declines also in the prices of lumber, iron and many manufactured articles. ‘The manufacturer whose goods have declined requires more gouds ut Jess wages than formerly, with which'to pay his interest and his bonded debt just as the farmer has to give more grain to pay his mortgage. With silver in use as legal tender as well as gold, among the great) nationsof the world, the legal tender of all would be doubled ard the ability to corner the currancy of the world would be lessened. This is real bimetallism. The subsidiary coinage of silver and copper, which leaves the power in the creditor to demand and receive gold, is monometallism — there is no bi- imetallism about it. The appreciat- ing single standard—gold monometal- lism—is the great reducer of the values of commodities. WORTHY OF STUDY. Concerping the position in whieh the successful free coinage of silver would put the United .Statcs, the New York Financial News says: “Silver alone is the money of nearly a Dillion, or two-thirds of the world’s population. ‘The appreciating gold value has been, so fur as it applies'to silver itself, to enabie Burepean ex- change ‘dealers to buy. silver from silver. producing countries at half all of his silver mining properties to any one in the audience for the pal- try sum of nine cents. . In voicing the price and to sell it) to silver using countries who produce no. silver, at} full price. Appreciated gold has the price of silver | } the admi , {its right as master of the situation, | degree. nny | State tbat “the $131,000,000 | ~ > ns : . eat jof the courage and patriotism which |we had The | }mium {would happen. antes, sell ‘their exports at hal price, as measured by gold, and of course this has brought their domes- tic tradé down to the export price level. . Phe United States, as the largest producer, by free coinage could con- trol the silver situation.’ With silver Mexican and South American surplus silver, or else force countries buying it direct to pay coinage price. ‘There would then ensue, in silver using countries, a struggle for silver, such as has come tor gold in gold using countries since the yellow metal was started in the scale of appreciation by throwing out silver from the mints. ‘hen the Huropean countries would have to furnish their oriental and other silveg-using customers with silver or lose the trade of those coun-| @ tries. There is no question as to what they would do; The gold would come for it, at coinage price. Making silver worth coin price will increase the world’s demand for it. The United States has advantages as a producer and as a neighbor of the] other producers, and in her own | | wealth and power to be master of the silver situa A STRAIGHT ‘ANS W The German Chancellor has reached | those years of life where diplomacy and business cares cut but little figure in forming his opjnions. It is plain to be seen that his considera-, tion for the masses people fully overcame any special \friendship he may have had for the capitalistic representatives when he gave his celebrated answer to the inquiries of Goy. Culbertson of Texas, who asked: “Which, in your judg- ment, is the best policy for the United States to adopt, the gold standard or bimetallism ?” ‘To this Prince Bis- marek replied : muinal agreement in nent of Dimetaiiism, ther and of the United states ibte with their interests ction in the direction b but believe that xert & most salutary consommation of ui signed) to take indep of bimetailism 1 ¢; such an action would intl upon the ternational agreement. AROK. WE HAVE A REMEDY AT HOME. Admitting that international bi- metallism is guod in itself, for a nation with the power and resources “lof the United States, to even make on that it cannot exercise itis, is humiliating to the last We havea sufficient remedy whic, jin our own hands, which is the com- | plete restoration of silver to its old place a money metal in the United nd if we had but a fraction 117 years ago, we would say to Great Britain that hereafter we will regulate our monetary affairs entirely with regard to our own inter- ests. if it shguid result, after the adop- tion of such a course, that our gold and silver coins should still be at a arity with each other, ainly no harm would be done, but, if un the other hand, there should be a pre- on gold, one of two things Hither the gold standard countries of Western Eu- rope would, with the Jeast possible loss of time, follow our course and adopt bimetallism, or we would take from them their trade with silver pay- ing countrys, which woyld mean to them financial ruin. ASE EAR Sa OR Sas Campadgn of Education. The cempaign thus far has been one} unigue in the annalsof American his- tory—a campaign almost exclusively of education, and if the masses are not enlightened by November it will be their own fault. The Saint Paul & Duluth railroad, or Duluth Short Line, as it is popularly known, bas always carried on just such a cam- pu ign, educating the people up to the modern in railway services and facili- ties. This policy has made it the popular route to and between St. Paul, Minneapolis, Duluth, West Su- perior, Stillwaterand Taylor’s Falls, and its trains are little communities. It runs fast traing at convenient hours over a smooth roadbed, and makes close connections at handsome terminals with trains running to all points of the compass. Ticket agents will gladly furnish maps, circulars, ete., or they may be obtained readily by writing direct to W. A. Russell, General passenger agent, St. Paul, Mipn. We struck a snap in gentlemen’s neck ties. We are selling for 20 cents what costs you elsewhere soc. Ivasca Mercantite Co.’, Gi eerone Barer Suop, JOHN OSBORN, Prop BATH ROOM IN CONNECTION. Scissors Sharpened and Made as Good as New. Remnants in wall paper, from 1 to § cents per roll... served to make all Seth or + selling #H, E. ‘Rrcxaxvson, Sa eae et Vise the world’s) % % THE POPULAR TAILORS, ‘Broeker & Whiteaker, Invite you to call and examine 2} Me ae eae ae ae ae abe ae ae ae at ae ae ae ae EE hd * their Fall and Winter stock a Sees 2 haters eraocneaonP Salt * The Latest, % before ordering your Suit or 4 i = Overcoat. It comprises 4 Worsansiip : all the latest) goods and pat- * The Best, * ty i a Lae = 4 verns, and the. Fopular ‘Tailors 4 Prices . always gutautee’satisfaction. %* The Lowest. Pg % ‘Me ate ae ae aft a ae ape se ae ah ae ae ate ae a He Broeker & Whiteaker, NeXt Boor to Poste ffice, 3 - GRAND REPIOS. a i om g. 2 e 7 7 ot Binghamton, New York. Incorporated under the Laws of the State of New York, Noy. 6, 1886 hdd dk Ad deck deded edb adhd dkdedibidoneda Oe OH ee AE OG HB Security Mutual Life Association : SEDER REE RE id WO ee ah at ae ae ee =| Saal % | te ae | bd % | 2 tt * * % a * & % pad ca ie wee 2 daa 1, 1806. Insurance in Force, - - - $20,137,350.00 ae Paid Policy Holders and Benefici- : _ = aries, - - - - . - - 308,352.41 ae Net Surplus, - - - - 2 = 410,839.65 RECORD FOR 1&95. GAIN im new business ngitten over 1894, 87 per cent. GAIN in amount of insurance in force, GAIN in Income GAIN in Assets, 46 per cent. 60 per cent. 836 per cent. ie A ae ee ae a a ea a ae a a a ARE ib a Se RE ae ae aE DEALERS IN 25 GAIN in net surplus, 37 per cent’ |g Life, Annuity, Equation and Return Accumulation Policies bd Premium rates about 40 per cent Jess than old line companies. =e ee se as sae ae Pid For full information address, Se ; se Northwestern Department = s = OMWESTEM VEPariMent, 3 ge Lb. K. THOMPSON, MINNEAPOLIS MINN. #% Rae Manager. Re 35 d. W, EARL, Suporintendent Agensies. sf) 3 ek Ssanne HE SE Se ee AE SIS CHEATS SHAD SASS SES ARE RE SAR A aE ae AE ee a a a a a eH TS HHS TA HHS HEMT OHO Benpa & co, | FRUITS AND CONFECTIONERY 4 Stationery, Produce, Etc. Canned @oods, Groceries, Cigars and Tobaccos, and a Full Line of Smoker's, Articles. EGAMA NEWS: DEPOT, McA!pine Block, Grand Rapids, Minn. en se Beckfelt & Mather, Largely increased store room increases our capacity to do bustitess. We always carry a conrplete line of the Prices the Zowest. Groceries and Crockery. Hats and ape: Lumbermen’s Supplies. Pest quality of goods in all depart ements. Clothing and Furnishing Goods. jw Dry Goods, Boots, Shoes. =P: \ } j | | | i Fine Suits MERCHANT TAILOR. McAlpine Bleck, Third St., Grand Rapids. From $17 Up. ‘ Pants : From $5 Up. ss | An Absolute Fit and Complete Satis- faction Always Guaranteed. FRANK PORPKE, VILLAGE OF GRAND BAPIDS. Presiden Chas. Kearne . H, Hennessy Trustees Robinson ze Vient Record C. Miller Treasure ‘Henry Hughs Attorney. .T.M, Brady Marshal .Jos. Luisur COUNTY “OFFICERS. errr ere Auditor... H. R. King Treasurer...... A. A. Kremor Sheriff... .. hael L. Tools Deputy She Wade Blaker I. D. Rassmussen |. A. Bowman. Jr O, L. Prath yiniel Rogers Dr. H. B. Eble irs, O. H. Stilson Judge of Prob Court Commissione! County Attor County Sur Soroner School Supe “The “DOMESTIC” Is absolutely the best Sewing M mad Leads in latest and best improvements A SIMPLE] PRACTICAL «DURABLE For over 30 years has een endorsed by the public as the most satisfactory | of all sewing machines. We want your | trade and can save you money. Write | for free cat: xe and prices. THE DOMESTIC $. Mi. GO. 292 Wabash Ave., Chicago. eta ataie area steep aeeaaR meaa = # GEO. F. KREMER,. # & 2 = = z = Goniractoy and Builder = % And dealer in Brick, Lime, % * Milwaukee and Pertland ea = Cement, Adamant,Land % Ps Piaster, Etc. - ms Office with Kremer & King, > z Grand Repida. = = 3 ie a eae ae ae ae as ae ate ae ae eke ea ae eae Sate ate TE * SMITH & RIDDELL, BLACKSMITHS and MECHANICS. Horse and Cattie Shoetng On Scientific Principles. GRAND RAPIDS - The Fountain House, Coziest Home Hotel in Itasca County. rs. Martin Dufiicy, poe bebe aos of Gan is cee ! and Woodsmen. Choice coms oy ly the day or week and first-class Board at moderate prices. > Corner Leland ave, and Fourth st. /Graud Rapids a ®