The San Francisco Call. Newspaper, August 19, 1896, Page 2

[ THE SAN FRANCISCO CALL, WED ESDAY, AUGUST 19, 1896. The Marguerite Mine on the Outskirts of Auburn, Placer County, Where the Greatest Gold ‘Discovery of Modern Times Was Made. [Drawn from a sketch made by H. Helfrich.] square feet.of surface was turned over be- fore any trace of it was found. Last Thursday morning at a depth of sixteen feet and within five feet of the shaft of the Old Salzac the same valuable ore that was found in the tunnei was dug out. Word was sent to the directors in this Ciiy to come out 8t once and see the won- derful find, as it was then apparent that therich ore reached through at least 300 feet of the earth’s crust. Buta greater surprise was in store. H. Helfrich was delegated to go to the mine. Hesaw the end of the uncovered ledge, and then, as much for exercise as anytbing eise, swung his pick into the | ground a few feet away. He struck against quartz. out some fine rock. More picking and he found a piece as big as his head. He tried to .break it, but somehow it hung together, and inves- tigation showed that the tenacity was caused by wire gold that went through the rock in all directions. It was “alive with gold,” as the miners say. Asc-ays of this ore showed the marvelous amount of $75,000 a ton, probably the highest grade gold ore ever found. Sev- e:al tons of it were extracted, and the poorest selected Dpleces showed over $400 a ton. The average of the pile showed over $5000 a ton. As both ends of the ledge have been found and both yield ore of the highest grade, the chances are that the same kind extends from one end to the other. At last report the top of the ledge was found to be two and a half feet wide, and the chances are it is wider, As it hasbeen ex- tended and deepened the high grade ore has prevailed. The directors of the Marguerite mine are George Schafer, F. M. Freund, H. Hel- frich, H. Gimball and Charles Peach, all of this City. In conversation with a CaLw reporter, Mr. Peach, the secretary of the company, said: our discovery, of course, and don’t want to overestimate it. But we have been in the mining business for some time and think that we have made the greatest gold discovery of modern times in the Mar- guerite. “We have surely found the highest grade ore ever taken from the ground and there is every indication that it is the largest vein of that value in existence. Even at the low estimate of $5000, the 300 feet should yield about $15,000,000. We feel sure that thereis that much ore in sight, .and if the real high grade should prevail the amount can hardly be calcu- lated. We are all rich.” Since the big discovery the end of the ledge has been fenced in and men placed on guard day and night. The little bit that has been taken out will aggregate about $50,000, and the ore is so fine a man could almost carry a fortune in his pocket. AMERICAN ARMENIANS Naturalized Citizens ~ of the United States Imprisoned in Turkey. Minister Terrill Demands That They B: Turned Over to Him for Examination, NEW YORK, N. Y., Aug. 18.—A Herald special from Washington say: The De- partment of State has been informed that immediately upon learning of the impris- onment of nine Americansin Turkey Min- ister Terrill dispatched a mote to the Turkish Minister demanding that they be turned over t6 him for trial if they were charged with a criminal offense, or that they be freed and allowed to leave the city if not guilty of any crime. The prisoners are naturalized, being Ar- menians by birth and having returned to their country, they claim, to visit rela- tives. Bix of the men have passperts is- sued by the State Department, two have papers clearly showing their American citizenship, and the ninth, although claim- ing to be an American, is unable to fully establish the fact to tbe satisfaction of the Minister and the Turkish authorities. 1t 1s the expectation of the Minister that a reply will be immediately forthcoming, and as there are many precedents for the demand he has made the authorities be- lieve that the Turkish Government will comply. Minister Terrill has the right to try all Americans arrested for crime com- mitted in Turkey. Minpister Terrill has been in Turkey only two weeks. He has looked into the Knapp case and expects tn set a date for its trial as soon as he disposes of the accumulated business now before him. B s Failure of a Factory. “ ELGIN, Iri., Aug, 18,—Because of ina- biiity to borrow money to pay employes, the Elgin sewing machine and bicycle factory closed indefinitely to-day, throw- ing 250 men out of employmeot. He persevered ana soon rolled | *Weare all highly delighted with | OVER THE FAMOUS Dr. Archibald Lowers the Record for Three- Year-Olds. FASTEST IN THE WORLD, Covers the Fourth Heat in the Great Pace Easily in 2112 1-4 GRAND CIRCUIT RACES BEGIN. Dan T. Defeats Billy Waters by a Nose and Captures a Big Purse. INDEPENDENCE, Iowa, Aug. 18.—The seventh annual meeting over the famous kite track at the RushPark course opened to- day under very auspicious circumstances. The track is good, as is evidenced by the time made in to-day’s races. C. W. Williams has a Varge number of entries. Dr. Archibald in the three-year-old pace beat the world’s record for that sge, when he covered the fourth heat of the race in 2:12Y. Three-year-olds and under, 3:00 pace, purse $1000, Dr. Archibald won, Allenis second, Haz:l Hurd third. Best time, 2:12}4. 2:28 trot, purse $1000, Captain Janek won, Annie Allerton second, Radial third. Best time, 2:15%. 2:25 pace, purse $1000, Minnehaha won, Dandy Boy second, Flash S third. Best time, 2:121. INDIANAPOLIS, Isp., Aug. 18.—The grand circuit races began here to-day be- fore a big crowd and with a fast track and fair weather. The races were all of a high order. The event of the day was the 2:18 pace, in which Dan T was the favor- ite. He acjed badly in the first heat, being set back for fouling. The second heat was oneof the prettiest of theday. Dan T and Billy Waters were side by side all the way round, Dan T finishing a nose ahead in 2:063{. Derby Princess won the 2:20 trot with little difficulty. 2:50 trot, purse $500, Marieita won, Mabel Moneypenny second. Best time, 2:24. 2:20 trot, purse $1000, Deroy Princess won, Edmonia second, Dick Hubbard third. Best time, 2:11%4. 2:18 pace, purse $1000, Dan T won, Marietta Wilkes second, Billy Waters third. Best time, CONEY ISLAND, N. Y., Aug. 18—Five fur- longs, Harry Reed won, Zanone second, Bona- parie toird. Time, 1:02. Five furlongs, Sunay Slope won, Box second, Regulator third. Time, 1:01. iie, Scuffle won, Hanwell second, Peep o' Day third. Time, 1:42. Mile and an eighth, Gold Crest won, Tom Cromwell second, Sherlock third. Time, 1:57. Six furlongs, Remp won, Ben Ronald secoud, Treyant third. lime, 1:173%. Mile and a half, Fugitive wozhblflnlhinz sec- ond, Woodfora third. Time, 2:56. ST. LOUIS, Mo., Aug. 18.—Five furlongs,Su- garioot wos, Tom bmiih second, Go.d Tip third, Time, 1:05. Seven furlongs, Chariie McDonald won, Lit- tle Billy second, King Elm third. Time, 1324, Miic and seventy yards, Linda won, Logan second, Prince third.” Time, 1:51, Mile; Royal Choiee won, Chexrystone second, Minerva third. Timie, 1:453 Six ‘furlongs, Gath won, Highland second, arzy McCouch third. Time, 1:15%. ON EASTERN DIAMONDS. Standing of the Clubs and Scores of the Games Flayed in the Natronal League VYesterday. Cruss. 308 -257 BOSTON, Mass., Aug. 18.—Brooklyn won to- day in the rain before & small crowd. The game was stopped in the third inning, when the Bostons had two men on bases and nene out, and was resumed after a delay of twenty~ five minutes.’ It rained quite hard in the last part of the fifth and the Bostons adopted de- laying tactics, which incensed Sheridan so much that he compelled them to play though the water came down fast. The inning com- le he called the Jme. Attendance 1119, ns—1, 6, Bosto 1; Brooklyns—5, 4, 2. Bateries—Niohols ‘and Bergin; Kennedy and rim. PHI Umpire—Sheridan. LADELPHIA, PA., Aug. 18.— Baltimore 4 mede it four stzaight by winning from Phila- RUSH PARK TRACK. delphin this afternoon. Outside of the gen- eral all-around work of the champions the game was without particular feature. Attend- ance 2400. Score: Philadelphias—2, 8, 3; Baltimores—9, 14, 2. Batteries—Taylor and Boyle; Esper and Clark. Umpire—Hurst. NEW YORK, N.%., Aug. 18.—The New York- Washington game was called at the end of the first inning to«day on account of rain. s s ASTOLIA’S ANMNUAL REGATTA, Suceessful Opening, All the Races Being Completed in Good Time. ASTORIA, Or., Aug. 18.—The first day of Astoria’s third anuual regatta opened somewhat inauspiciously, the sky being overcast and there -being but little wind. Early in the afternoon, however, a brisk breeze sprang up and all the sailing races were completed in good time. The almost total absence of wind in the morning made the conditions favorable for the row- ing races, which were well contested. The first event was a surfboat race, which was won by the Fort Canby life- saving crew, who defeated the Fort Stevens men over a three-mile course in 19:25. Twenty-six fishboats cempeted in the second race, which was won by oné of the Cutting Packing Company’s boats. The Volunteer ‘of Astoria won the race for Whitehall boats, and the Curio of Port- land captured the event for cathoats. The sloop race, free for all, handicap, was won by the Mayflower of Ilwaco, which defeated her four competitors alter a most interesting contest. The gasoline launch race brought ount seven starters and was won by the Claude B. Manthorn. In the race for ships’ boats the crew of the British ship Sutherlandshire carried off the honors, the Antopie’s crew taking second money. Taylor and Wroton of Astoria defeated Clarke and Adams of the Fort Canby crew in & double-sculli Whitehall race, two sec- &nhds only separating the boats at the fin- No sccidents occurred during the day and the large number of visitors were highly satisfied with the day’s entertain- ment. P e £ IR TEE TEMNIS TOURNEYXY. Western Interstate Games Were Begun at Umaha. OMAHA, NeBr., Aug. 18.—The inter- state tennis tournament of Nebraska, Iowa, Missour:1 and Kansas began here to-day under most favorable and promising con- ditions. Chicago is represented by half a dozen prominent players. Nicholson, Col- lege and Spencer represent lowa, and ‘Wilder, Bowersock and Stoker of Kansas are among the visitors. The result of to- day’s play was as follows: Waidner and carver of Chicsgo beat Austin and Cuilingham of Omaha, A Fope beat Vinsonhaler, 1—6, 6—3, 6—3. Stoker and Bowersock of Kansas beat Find- lay and Vinsonbaler of Omaha, 6—3, 6—2. Traverstick snd Colpetzer beas 'Burr and Fernsworth, 6—4, 4—6, 10—8. Hopkins of Omaha beat Anderson of Chi. cago, 6—2, 6—3. ollege of Iowa scratched to Bowersock. Cullingham beat Findlay, 6—1, 6—1. Vinsonhaler beat Pope, 1—8, 6—3, 6—8. Nicholson of Iowa scratched to spencer of owa. Haskell and Young beat Pope and Gillespie, Bowersock and Stoker best Bond and Hardy of Chicago, 6—0, 6—2. Haverstick beat Williams, 62, 6—4. LA dnatl A RACER INJURED. While Training on the Reno Track Its Showlder 1s Broken, RENO, Ngv., Aug. 18,—While training on the racetrack this morning Reo, a two- year-old colt belonging to Nellie Winters, fell, breaking one of its shoulders and several ribs. The animal was a coit of the famous E! Rio Rey and gave great promise. It wiil be shot this afternoon. e -sg o Nationnl Bicycle Meet, ERIE, Pa., Aug. 18.—The Nationa] bicycle meet to-day was very successful in point of attendancéand entries. One mile, open, A:ro!anlran Tom Butler ;31‘14'4_?“14 seccnd, Rigby third, Time, Oue mile, open, amateur, J. F. Higgins of Buffalo won. Time, 2:35. One mile, handieap, professional, Becker of Chicago (34 yards) won, Foell of Buffalo sec- gng. ;m of San Francisco third. Time, 81 ©One mile, handicap, amateur, Higgins (70 yards) won, Time, oTie e iy One mile, lap, professional, Tom Butler yon, Kennédy sccond, Starbuck third, “Time, 132 1-5. One mile, 2:30 class, amateur, Pilkey won. ime, 2:37. il i The Game at Newport. NEWPORT, R. L, Aug. 18.—Neel broth- ers, the Western champion tennis-players, defeated Chase and Wrenn here this morn- ing in the championship tennis mateh for doubles by the score of 6—3, 1—6, 6—1, , 6—1. . A BICYXCLIST KILLED, He Is Ympaled on a Sulky Shaft While Riding. LOUISVILLE, Kv., Aug. 18.—Eugene Carsey, aged 13, died a horrible death here yesterday, after suifering for twelve hours. Whilefriding his bicycle on the Shelbyville pike he and a companion were attacked by dogs. The dogs diverted Car- . s |bna:men from a hanl:y recklessly iven by two negroes, w 3 b-;;: ‘d‘z“fiu:g % , Who have not yet rsey collidea with the sulky with force that he was immediateiy lmuhr'ln:: the shaft. The negroes threw ths bicyele mt:) nb:)in!ch umtn tgan.‘m:in the unfortu- nate boy from the shaft, laid him b, road;-ide and drove ‘:fl g‘hpl;lll ' . Tsey’s companion, les ran toa ncighb);‘riu .um%:i‘mh“.' ance and the S ludhd.b” was taken to hh home, COLORED VOTERS VISIT MPKINLEY, L’Ouverture Rifles Journey - From Cleveland to Canton. GIVEN WARM WELCOME. Teiling Address of the Repub- lican Standard - Bearer Re- ceived W.th Approval SOUND MONEY AND PROTECTION An Outline of the Policy of the Cam. paign by the Great Ohio Statesman. CANTON, Onio, Aug. 18.—The I'Ouver- ture Rifles, a handsomely uniformed, well drilled military company, composed of colored men, came on a special train from Cleveland, with a large number of their friends, to call on Major McKinley this afternoon. They marched behind their own band from the station to the McKin- ley residence, and were freely cheered by the spectators on the sidewalks and com- plimented on their handsome appearance. H. C. Smith, a colored member of the Ohio Legislature, addressed Major McKin- ley in behalt of the visitors, and presented him with a certificate of honorary mem- bership in the rifles, the first one ever is- sued. Mr. Smith is a speaker of force and eloquence, and his pertinent, vigorous re- marks called from Major McKinley a spir- ited response, which was momentarily punctuated with lusty cheers and long continued applause. Major McKinley was in excellent form. Replying to Mr. Smith and acknowledging the compliment of honorary membership in the I’Ouverture Rifies, he said: Mr. Smith and my fellow-citizens: It gives me great pleasure to meet and greet this com- pany of riflesand my colored fellow-citizens of the city of Cleveland and of Northern Ohio; and I rejoice to learn from your eloquent spokesman that your race this year as in all the years of the past stands faithfully to the Republican party, which I believe is the cause of our country. [Applause.] I do not forget— no man can forget—that whether in war or in the race which you represent mnever turned its back on the glorious old stary and stripes. [Great applause and cries of “Hurrah for McKinley.”] When that great civil war commenced no man could say what its out- come would be in regard 1o iis effect upon your race. There were those who believed that it must result in the abolition of human slavery; there were those who believed other- wise. The result was the immortal proclamation of emancipation by the best friend you ever had, Abraham Lincoln [tremendous cheer- ing], whose name you will cherish and revere forever and forevermore. James G. Blaine once said that the first instinctof an American was eq! lity—\equ-my of right, equality of privilege, equality of political power. That sentiment long ago found expression in the constitution of the United States, and the principle placed in that great instrument, where it had never been before, and where, under God, it shall ever remain, eivil and po- litical equality to every citizen everywhere beneath the fiag. [Applause.) I congratulate you, gentlemen, upon the splendid progress that your race has made since emancipation. You have done better, you have advanced more rapidly than it was believed possible at the time; you have improved greatly the edu- cational advantages which you have had. Your people everywhere, North and South, are accumulating property, and to-day you stand as among the most conservative or the eiti- zens o!f this great Reoublic. [Applause.] I congratulate you from the bottom of my heart on the advancement you have a'ready maae, and I sincerely wish for you and your race, fellow-citizens of & common country, the high- est realization of your hopes &nd of your prayers. [Great applause.] We are now engaged in a political contest, and your presence in such vast numbers here to-day evidences the interest which you have in the public questlons that are now engaging the attention of the American people. We have a great country and we must keep it great. The post which the United States must occupy, both in wages and industries and in the integrity of its finances and currency, must be at the head of ths nations of the earth. [Great applause.] To that place of honor the people of the country must restore it. They have the opportunity that they have wished for since 1892; will they meet it in this year 18967 [Cries of “They will."] ‘We want in the United States neither cheap money nor cheap labor. [Great cheering.] We will have neither the one nor the other. [Ap- plause.] We must not forget that nothing is cheap to the American people which comes from abroad when 1t entails 1dleness upon our own laborers. [Tremendous sapplause.] We are opposed to any policy which increases the number of unemployed in the United States, ever if it does give us cheaper foreign goods, and we are opposed to any policy which de- grades American manhood that we may have cheaper products made either at home or abroad. [Great applause.] Having reduced the pay of labor, it is now proposed to reduce the value of the money in which lapor is paid. [Leughter.] This money question presents itself to me in this homely feshion: If free coinage of silver means a 53-cent dollar then it was not an honest dollar. [Applause.] If free coinage means a 100-cent dollar equal to & gold dollar, as some of its advocates assert, we will not then have cheap dollars, but dollars just like those we now have and which will be as hard to get [applarse], in which case free coinage will not help the debtor or make it easier for him to pay his debts. My countrymen, the most un-American of all appeals observable in this campaign is the one which seeks to array labor against capital; employer against em. ploye. It is most unpatriotic and is fraught with the greatest peril to all concerned. We are political equals here—equal in privilege and opportunity, dependent upon each other, and the prosperity of the one is the prosperity ot the other. [Greatcheering.] It is as Mr, Lincoln said to the committee from the Work~ ingmen’s Association from New York in the campaign of 1864: “Property is the fruit of labor. Property is desirable; is a positive good in the world. That some should be rich shows that others may become rich, and hence is just encouragement to industry and enter prise. Let no man who is homeless pull down- the house of another, but let him work dili- gently and build one for himself, thus by ex- ample assuring that his own shall be safe from violence when buiit.”” I thank you, my fellow-citizens, for this call of greetings and congratulations. Ithenk you for the honor you have conferred on me in electing me the first honorary member of your o:xmun‘i:n. : assure you it will give me Ppleasure to meet each one of you personally, [Great applause.] A £ General and Mrs. Stewart L. Woodford of New York, who have been here since last ing, left this afternoon for the East. jor McKinley drove them to the station. General Woodford says the most’ effective campaign literature the people are getting this year are the speeches which Major McKinley makes to the dele- gauons which come to see him ai home in Canton. X Major McKinley received a number of invitations to speak this morning in vari- ous parts of the country. To all of them he made answer that he had no present intention of going on the stump. i o oL iR BRYAN DENIEs ALL CHARGES. Deolares That He Is Not on the Payroll of Mine- Uwners. UPPER RED HOOK, N. Y., Aug. 18— On his return from a fishinz trip to-night Hon. William J. Bryan gave out a pre- pared answer to the allegations made by Senator John M. Thurston that Mr, Bryan was in the pay of the mine-owners. He denied the allegations without quali- fication, and praectically invited the Re- publican National Committee to make the charge officially in order that he might be given a chance to show exactly what his income has been and from what sources it was Cerived. -Mr. Bryap's statement fol- lows: “L have already denied this charge on several occasions, but the reiteration of it by Benator Thurston, a distinguished resident of my own State, justifies me in answering it again. I have never at any time or under any circumstances been in the employ of any mine-owners, in- dividually or collectively, directly or in- directly, nor have I ever been in the em- ploy or been paid by any bimetallic organization. ‘“Aside from my editorial salary of about $150 per month paid by the World- Herald and a small amount derived from the legal profession, my income since my retirement from Congress bas been de- rived from lectures before Chautauquas, lyceums and lecture bureaus, which have usually paid me a fixed sum, and from contributions made by the people of the localities where I have spoken. *In some instances I have received nothing at all. In most places I have re- ceived more than enough to cover trhvel- ing expenses. In only two instances, [ think, has my compensation exceeded $100, and in these instances it was about $200 at one place and about $300 at the other. The first platform upon which I ran for Congress in 1800, before I was known politically outside of my State, contained a free-coinage plgnk, and my Republican opponent that year was an advocate of free coinage. In the cam- paign of 1892 I again ran upon a free- coinage platform, and my opponent for the Senate, Mr. Thurston, while opposing unlimited coinage at 16 to ‘1, insisted that he fayored bimetallism. I wrote the free-coinage plank upon which I ramin 1890 and the free-coinage planks in the Nebraska State platforms in 1891, 1894, 1895 “and - 1896, and tried to secure the adoption of free-coinage planks in the State platforms of 1892 and 1893. “[ only mention this to show thdt my advocacy of free silver is not of recent date. Having made this answer to Mr. Thurston’s letter, I shall hereafter take no notice of individual or newspaper com- ments upon thissubject. Ifthe Republican National Committee will say officially | that it believes I have ever been employed | to deliver speeches by any mine-owner or | group of mine-owners, or by any associa- tion supported by mine-owners, 1 am ready to make a statement showing in de- tail all money received by me for speech- making."” Mr, Bryan will set to work composing his letter of acceptance without delay and will probably largely perfect bis plans for the campaign while here. Last night he wired the president of the | League of Pennsylvania Democratic Clubs | that he would avpear at the convention of that organization on August 26, instead of the date previously announced. An invitation from Toledo has also been received, and he will probably speak there on his'way home. Mr. Bryan and a party to-day went to Spring Lake, near Upper Red Hook, on a fishing excursion. But Mr. Bryan had no good fortune; he caught not a fish, while Mrs. Bryan hooked two big pickerel. BRYAN SCORED B COrKAN [ Continued from First Page. | support him here and now. [Greatapplause and cheers.] I do not make this statement through any pretense of special affection for the man who works with hands. Such a pre- tense made in the heat of a Presidential can- vass would merely insult and discredit the in- | telligence to which it is addressed. [Applause.] Irepeat that I would support any measure cal- cuiated to increase the rate of wages, because Iknow of no test of prosperity absolutely in- fallible except the rate of wages paid to labor- ers. [Applause.] Where the rate of wages is high there must be prosperity. Where the rate of wages is low there must be aistress. If then Mr. Bryan can show me that by the eniorcement of any portion of nis programme wages will be increased in this country I will not only support him put I will recognize him - that men can be enriched by swelling the vO ume of currency is the oldest delusion whieh Das affected mankind since the very beginning of eivilization, [Applause.] Continuing these 1llustrations at some length Mr. Cockran said: Money never can circulate freely and actively unless there be absolute confidence in its value. [Applause.] If a man doubts whether the money in his pocket will be as valuable to-morrow as it is to-day he will de- eline to exchange his commodity against it, and this Populist agitation threstening the integrity of money has been the cause of the hard times through which this country is passing, and from which it will not escape until the heel of popular condemnation i placed upon the propaganda which under- mines the foundatons of credit. [Applause.] The basis of sound trade is sound money. [Applause.] Money which is intrinsically valuable, money which, like the gold coinage of this country, this country canunot affect if ittried to, [Applause.] I can te len dollar gold piece and I cen defy all the powerof all the governuents of this earth to take five cents of value from it. [Applause.] Having earned it by the sweat of my brow, having earned it by the exercise of my brein, having earned it by the exchange of my commodities, I can go to the uttermost ends of the earth, and wherever I present it its valué will be unques- tioned and unchallenged. [Applause.] Now let us see how Mr. Bryan proposes to deal with this question. I looked through his speech to find out just what he thinks he is going to do for the laboring man, and I had that he dismisses him with very few and some very unsatisfactory phrases. But it is per- feetly clear that the purpose of the Populist is to put up the price of cértain commodities. Mr. Bryan’s language is that he is going to im- prove the condition of the people.of this coun- tzy; notall of them, but of the greatest num- ber. Well, now, I don’t suppose Mr. Bryan pretends to any miraculous power. I don’t | suppose he claims he can multiply the number | of chairs upou this platform or upon this floer, althougn he hasshown his capacity to empty them. [Laughter.] If he is going to work any change in the conditions of men he must in- crease the material possessions of some part of the community. It requires the labor of man and the labor of man alone to create wealth. If, then, Mr. Bryan is going to enrich somebody, the thing which he means to bestow on him he must tuke from somebody else, Who is to be de- spoiled and who is to be enriched by the exer- cise of this new scheme of government? [Cry | of “Silver mine owners.”] My friends, the sil- ver mine owners will get cheated with the rest. [Applause.] If ever the Populist obtains | his way nobody will be benefited, not even Mr. Bryan. [Leughter.] I will venture here to say that if the face of Providenceshould be averted from this land, and such a calamity as Mr. Bryan’s electlon were permitted by it, the man who would suffer most by that event would be the false prophet who, having torn down the temple of credit and of industry, would be torn to pieces by an outraged publie, ‘whose prosperity he had ruined. Let us follo w this ergnment a Ifttle; let us see what he means to do according to his own light. We see that he cannot enrich one man without impoverishing another. A Govern- ment never can be generous, because if it be generous to one it must be oppressive to an- other. [Applause.] Mr. Bryan does not pre- tend that by any power given him from heaven he can find anything on the surface of the earth that has not an owner, and, therefore, he cannot honestly bestow it upon a favorite. But his financial scheme contemplates an in- crease in the price of certain commodities. [Cry of “Except gold.”] Ido not think any- thing Mr. Bryan can do will affect gold. [Laughter and applause.] But, my friends, we are coming now pretty close to the wondpilie behind which the Alfri- can is concealed. Mr. Bryan proposes toin- crease the price of commodities, If the price ot commodities be increaséd and the price of 1abor be left stationary why that means a cut- ting down of the rate of wages—if, instead of a dollar which consists of a given quantity of gold equal to 100 cents anywhere in the world, with the purchasing power of 100 cents, the leborer is to be paid in doliars worth 50 cents each, with which he can only buy half as anuch with & day’s wagos as he buys now. ‘Wage-earners, Mr. Bryan says, know that while o gold standard raises the purchasing power of the dollar, it also makes it more dii- ficult to obtain possession of the doilar. They know that empioyment is less permanent, loss of work more probable and employment léss certain. If, then, it means anything, it means thdt s cheap dollar would give him more employment, more frequent employment, more work and & chance to get re-employ- ment after he 18 discharged. [Laughter.] Well, now, if that means anything in the world toa sane man, it means that if the laborer is will- ing to have his wages cut down he will get more work. Mr. Cockran devoted much attention to this particular question. He argued that there should not be high wages un- less there is an extensive production in every department of industry, and claims that wages is the one sole test of the country’s condition. Continuing, he said: The Populist loves to say that the creditor is a person who oppresses the Western farmers. He loves to declare that the money-lender and the creditor are synonymous expressions; but as & matter of fact, the creditors of this coun- try are not the bankers; they are not the so- called capitalists, they are the laborers, and it isatthe expense of labor that this change is made. [Applause.] Everygreatindustrial en- terprise has for its chief creditors its own labor- ers. The pretense that the farmer of Nebraska is suffering under the weight of a mortgage contracted under a metal which has steadily increased in value is but a Populistic meta. phor. Two-thirds of the farmers have no mortgage debt whatever. [Applause.] 1do not believe there is five per cent of them that owe & mort- gage over three years old, during which time there has been no change in the value of the metal, but every single farmer is a creditor in as the wisest orator that ever opened his moutb on a platform since the beginning of the world. [Laughter.] I will be ready to con- fess tnat the rhetoric which I do not under- stand is really the language of inspiration. [Laughter.] I would regard his administra- tion of the Presidency as the kindling of & great light before the footsteps of man, show- ing him a broad pathway to endiess happi- ness and measureless prosperity. But in searching through his speech, in reading through whole reams of Populistic literature with which this country has been flooded for four years, I have never yet found one syllable which showed me how a Populist expected to increase the rate of wages. [Laughter and applause.] When we come to find out just how Mr. Bryan expects to increase the wages of labor we find ourseives lost in & maze of contraaic- tion and in a haze of obscure expressions. No man can teil how or when the wages of the workingmen are to be increased, but any one Who examines the scheme can see that the in- evitable tendency, the inevitable consequences of a debasement in the standard of value must be a reduction in the rate of wages, and that is the conspiracy in which the Populist isen- gaged. [Applause.] . Mr. Bryan tells us that he wants to cheapen the dollar, that he wants to increase the volume of money. Nothing is more common in Populist oratory than the statement that the volume of money must be increased for the benefit of the people—which means that part of the people that. runs and manages and addresses Populist meatings. [Laughter and applause.] Nothing is more common than the statement that money and property are identi- cal. They are not. ~A redundancy of money does not prove any prosperity. There may be avery large volume of circulating medinm and very great poverty. The issue of paper money simply is no more an increase of wealth than the issue by an individual of bis promis- sory note would show an increuse of his prop- erty. [Applause.] Asa matter of fact, an in- crease in the coinage is no proof of an increase in property, but may be & strong proof of a de- crease in wealth. 4 Let us take, for instance, this watch case. That is worth its builion value, plus the labor that has been expended on it. If now I melt that down into a $10 gold piece it is worth nothing but the bullion value. Here, then, has been an increase in the quantity of money, but & decrease in the volume of National ‘wealth. I could not buy & watch case with the -coin, which would be coined out of this un- less 1 added something (0 it; and the pretense the shape of his own labors. This proposal of e conspiracy to reduce the wases paid to the laborer that he might have alarger pro. portion of his own products and they are will. ing to cut down the wages of every man who Works in gities, WHo. toils on the bench, who digs in themines, who manages the trains, in the hope that they can ride into poweron a wave of cupidity snd greed awakened in the f the voter. br;;‘xf :xy friends, it is a triumphant vindica. tion of American citigensbip that pm attempt to enlist the farming and agricuitural mem- bers of tiis community in this conspiracy has {ailed miserably. utterly, absolutely. Every Western State which 1n 1890 and 1892 feli into the hands of the Populists went into the Farm. ers' Alliance Dbefore their real purpose was executed, were purified and Populistic forees scattered out of existence when the farmers of this country understood precisely that what the Populists meant for his welfare was really for bis ruin. . L 4 said the Democratic electors who n:{o:l boldly and firmly for the gold stand- ard at Chicago were submerged by a wave of Populism from tne South. There has been, he declared, a great change in the Democratic organization of the Southern States, and declared : The men who from & mistaken sense of loy- alty followed their States out of the Union, whose gallantry in war, whose fortitude in defeat won the admiration of the civilized worid ; the men whose virtues commanded the support of Northern public opinion in the at- tempt to overturn carpet-bag governments in the Southern States; the men who led their people through all their troubled period of re- construotion back into-a full Union with the sister States, these men, like Hampion in Nor:h Carolina, aud. Caffery in Louisians, have been swept from power, & new set has got into thesaadle, & set of leaders, of which Tillman is the exponent, who bolajy uniurled the secessional flag at Chicago, and declares that this Populist movement is a direct move- ment against the prosperity of the East. Men of New York, toilers of America, guardfans of your own homes, will you allow your rate of wages . to be affected [Cries of ‘‘Never!” Never!”] by any man who never-had paid wages at all if he could get out of it? Will you submit to this conspiracy between the professional farmers, the farmers who culti- vate the quarrels of their neighbors, farmers who labor with their jaws, Populist agitators of the West and the unreconciled slaveholders of the South. - [Applause.] This i & eopspiracy between professional farmers who want to pay low wages and the unreconciled siaveholder who would like to pay no wages. [Applause.] Here is the real root of this conspiracy. Here is the explana- tion of this Populist movement. Alr, Bryan did not create it. No man can create & move- ment like this. The forces that created it are active and have been working in a thousand different directions, Mr, Bryan, representing this theory, is but like a drop of water on the crest of the wave, more conspicuous, but uo more important than the millions of drops that form its base. The Populistic movement is the attempt of these professional farmers, of these men who are uanwiliing to share with the laborer, to appeal to his greed in support of their doctrine. He is mn enemy of public order. He is an obstacle 10 progress. Heisa conspirator against the peace and prosperity of the industrial classes of the country. The underlying trouble with ali Populists is that they have a fundamental conception of the principle on which civilized soeiety is con= structed. All throngh Mr. Bryan's speech, all through Mr. Tillman’s utterances in the con- vention wherever you find Populists assem- bled, you will find discussions proceeding upon the theory that men are hostile to each other in their interests; that the condition of 1ifeis one of cuntest. At Chicago Mr. Bryan declared: “When you come before us and tell us that we shall disturb your business inter- ests, we reply that you bave disturbed our business interests, “We have petitioned and our petitions have been scorned. We have entreated and our en- treaties have been disregarded. We have begged and they have mocked, and our calamity came. We beg no longer; we en- treat no more; we petition no more. We defy them.” [A voice “That’sright.”] He was, my friend, he was quite right. When a man loses all sense he has a rignt to.defy those that possess any. [Laughter.] In concluding, Mr. Cockran said he was glad this issue had arisen. The time has come when the people of this country will show their capacity for self-government. ‘When tbis tide of agitation sball have re- ceded, the foundations of this republic will remain undisturbed, This Govern- ment will still shelter a people indis- solubly wedded to liberty and orde: justly forbidding any distinction of bur- den or of privilege, conserving property, maintaining morality, resting forever upon the broad basis of American patriot- ijsm and American intelligence. [Ap- plause,] Mr. Cockran’s speech was well received. After talking for onme hour and twenty minutes, Mr. Cockran concluded, and amid a wild outburst of cheering the audi- ence dispersed. Treasury Gold Reserve, 'WASHINGTON, D. C.,, Aug. 18.—The treasury gold reserve to-aay declined to $104,834,609, the day’s withdrawals being $155,000. At Pniladeiphia yesterday the treasury received $15,000 in gold in ex- change for the new $5 silver certificates. There was deposited at the assay office in Helena, Mont., to-day $1000 in gold bullion which came from the Yukon River mines in Alaska. It will be coined into eagles. e L Exhibition Buildings Burned. .PARIS, Fzra Aug. 18, — The build- ings in whieh an exhibition was being held at Montpelier, Department of Her- ault, were destroyed by fire to—dag{.‘ Among the exhibits burned were a number of his- torical documents and valuable works of art. The loss is estimated at 3,000,000 the Populists is an attempt to enlist the farm- irancs. NEW TO-DAY. “APE THE BEST NATURAL Bottled at the UJ HUNY SOSUS ST NTA APERIENT WATER. 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