The Texas Miner, Volume 1, Number 50, December 29, 1894 Page: 4
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4
THE TEXAS MINER.
THE TEXAS MINER
WALTER É. McADAMS, Editor.
SUBSCRIPTION RATES:
One Year $1.00.
Single Copies 5c.
Advertising Rates made known on application to the Business Office.
PUBLISHED EVERY SAT U RDA. Y.
Entered at the Post-Office in Thurber, Texas, as Second-Class Mail Matter.
Thurber, Texas, Saturday, December 29, 1894.
LAND OF SUNSHINE AND FLOWERS.
present time. The insolvency laws of the various states are in as
chaotic a condition as the transportation laws were at the time
when freight had to be transhipped at the end of every trunk
line of railroad. Commerce has outgrown state laws, and now
demands uniformity in all commercial functions. If the present
Congress wants to do one good thing which will popularize it
throughout the length and breadth of this' country, let it speedily
enact a national bankruptcy law. There are differences of opin-
ion as to just what the provisions of such a law should be, but
the advocates of different, measures should get together and pass
some kind of bankruptcy law promptly. It would do much to
help along the much-wished-for revival in business.—[American
Grocer. . ■
MONROE ON CURRENCY.
THE reports of roads in the Southwest show that traffic is im-
proving, and our private information is that many farmers
(renters) from the. stricken regions of Nebraska and South Da-
kota are abandoning their farms and moving into Northern
Texas to escape the rigors of the blizzards that visit that region,
the uncertain rainfall and ravages of pests of the field. Northern
Texas has a fertile soil, which, in conjunction with its fine cli-
mate, is capable of producing wheat, corn and cotton—[Watson
& Gibson, New York, daily letter.
"Come, ye disconsolate." We have rich lands, cheap 'land's,
and in abundance, to spare to hard-working men. We have a
magnificent climate. Our working farmers make surer crops in
this state than anywhere in the United States. We can raise al-
most any cr.op that can be raised in the North, besides, we can
raise crops which they cannot. We have traveled extensively in
every state in the Union, and assert that there is no spot or
place in any state which offers so many advantages to the indus-
trious tiller of the soil as this Lone Star state. The poor man
notable to purchase land, can rent a farm, and in two or three
years earn enough to buy it. The man with little means can buy
good unimproved land from $3 to $10 an acre, in good locali-
ties, near railroad transportation, can break it up and raise a
crop the first year. For many long years Texas had a bad
name. Many of the early settlers were not the most desirable,
we admit, but the last decade has seen a very great change in
this respect. Our land, instead jOf being held in large holdings
and unimproved, is being split up into farms of from 40 to 320
acres, and bought.'by.peoplé who want tó make homes, who
want to raise their families in a way that will make them good
citizens. Texas has a larger school fund than any of, our sister
states. The reign of the cowboy is over, the agricultural element
is coming to the front. "Life, liberty and the pursuit of happi-
ness" are as fully assured in Texas as in any of the Eastern
or Northern states. We have a domain that is an empire in it-
self. There are millions of acres of good land which have never
been touched with the plow. It can be purchased at a price
which is only a fraction of what lands bring in the Northwest;
the climate is simply beyond comparison with the climate north
and west of Missouri. It is no wonder that the renters, as they
are called, are turning their "prairie wagons" southward. Here
in a very short time they can become free holders. Texas ex-
tends a cordial welcome to the hard-working tiller of the soil, for
we have in abundance the kind of land which, if you "tickle it,"
will produce a harvest.
A NATIONAL BANKRUPTCY LAW.
GOLD is subject to much greater fluctuations in the demand
and supply than silver, because it is scarcer, and more un-
certain in the result of its production, and, therefore, it can be
readily cornered, or made artificially scarce and valuable, while
if commerce has two metals to fall back upon instead of but one,
the quantity in circulation being thus made greater than the or-
dinary demand for specie, it is thereby made less urgent, while
the current production from the deposits of nature is doubled
through the wrorking of two, instead of but one, kind of mineral
deposits.
Gold coins of small amount (like the American dollar) are
difficult to count and to handle. The silver dollar and half-dol-
lar, on the contrary, are found to last half a century, even with
constant handling.
When so desired, the silver dollar, as a legal tender, can be
represented by the issue of a paper dollar, and its rekemption
made certain.
Any attempt to bring all nations tc accept gold as the only
full-valued metalic money would result in an enormous shrinkage
in the volume of legal tender currency, and in the market value
of all kinds of property.
Standards of measure are fixed facts; undoubted results,
whereas, standards of value are determinable only by the available
supply and the current demand for, not only of money, but as
well for property for which money is exchanged, all of which are
constituted by the fancies, fears, wants, means or desires of both
buyers and sellers.
The example of France, as a double-standard nation, dis-
proves the claim that silver cannot be maintained side by side
, ith gold, as a full legal tender, even at the lower basis of 15 1-2
ounces of silver to one ounce of gold, instead of 16 to
is the ratio of our double standard.
which
HOLD ON.
ready to swear,
about to pinch, strike,
HOLD on to your tongue when you are just
lie, or speak harshly, or use any improper word
Hold on to your hand when you are
catch, steal, or do any improper act.
Hold on to your feet when you are on the point of kicking,
running away from duty, or pursuing the path of error, shame or
crime.
Hold on to your temper when you are angry, excited, or im-
posed upon, or others are angry with you.
Hold on to the truth, for it will serve you w-ell, and
through all times.
Hold on to virtue, it is above all price to you, under all
cumstances.
Hold on to your good character, for it is and ever will
your best wealth.—[American Grocer.
do
or-
be,
MANY staunch commercial crafts were dismasted in the finan-
cial cyclone of last year and are now working into port un-
der jury masts. Thousands of competent, honest merchants
need a chance to adjust their affairs, and have the shackles of
liability struck off so that they can again use their earning power.
There has never been a period in the past history of the country
when a national bankruptcy law wras needed so much as at the
CAN'T GET DOWN FROM HIS HOBBY.
ÍÍ
WAS visiting an insane asylum," said Chauncey M. De-
1 pew, "and I was much interested in an unusually intelli-
gent looking man astride a chair, which he was whipping vigor-
ously. 'That is a fine horse you are riding', I remarked. He
did not heed my remark, but continued beating the chair vio-
lently. I repeated my remark, when he looked up with an an-
noyed expression on his face and demanded, 'don't you know the
difference between a horse and a hobby?' 'No,' I answered,
'Well, you can get down from one, but you can't from the
other.' "
This is just the shape Cleveland is in with theories of tariff re-
form and monometalism.
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McAdams, Walter B. The Texas Miner, Volume 1, Number 50, December 29, 1894, newspaper, December 29, 1894; Thurber, Texas. (https://texashistory.unt.edu/ark:/67531/metapth200497/m1/4/?q=Lamar+University: accessed June 4, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Tarleton State University.