The Abilene Reporter. (Abilene, Tex.), Vol. 14, No. 40, Ed. 1 Friday, September 13, 1895 Page: 2 of 8
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ipEMETRIUS BLACKBURN AND THE SILVERSMITHS
DR. HILL'S PAMPHLET
i i ' '
I x ii I i i i In ii i a in - v imi-h - a. ... I I II i i I
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AcUxix 23. And tlio samo time there aroso no small stir about that way.
34. For a certain man named Donietrius a silversmith which inado silver
shrines lor Diana brought no small gain nnto tho craftsmen;
. 25. Whom ho called together with tho workmen of liko occupation and
said Sire ye know that by this craft wo have our wealth.
26. Moreover ye seo and hear thatnotalouoatEphesus but almost through-
out all Asia this Panl hath persuaded and turned away much people saying
that they be no gcils which are mado with hands;
37. So that not only this out craft is in danger to bo set at naught; but
also that the temple of. tho great goddess Diana should bo despised and her
magnificence should bo destroyed whom all Asia and tho world worsbipetb.
28. And whe"n they heard theso sayings they were full of wrath and cried
out saying Great- is Diana of the Ephesians.
29. And the whole city was filled with confusion.
SUPPOSED
AGAINST
SlLVERITE WRITES
FREE COINAGE'
TO STIR UP ENVY.
A rhllailrlphU I'ajMrr Trlr-t to Create a
ChtAft Prejudice.
Tho Philadelphia Manufacturer Is op-
posed to our present standard of value
'and is trying to secure the adoption of
what jt calls 'bimetallism" but what
Twoaldin reality boa singlesilver stand-
ard. Writing of the fall in prices which
is claimed by silrerites to be duo to tho
uso of gold as a measure of valnes The
Manufacturer says "A dollar of high
.purchasing power is a good thing only
far ponprodncersyM and argues that "the
dollar has been given artificially high
purchasing power solely that tho few
might enrich themselves at tho espento .
of the many. " !
UNFOUNDED PREJUDICE.
TscnUar Yletr ItcM ly Manx That Bank
Kavor Dull Tlmr.
Ono of tho most surprising features
of tho present cheap money agitation is
tho evideuco of widespread prejudice
against banks. According to tho silver-
itrs and fiat nioucj advocates it Would
stem that n bank; in a diabolical institu-
tion which preys on the farmer and
workingman whilo tho Iwnker is an
enemy and oppresw of tho peoplo.
Theso peculiar views aro held seriously
by many persons who oppfo sound
enrrency principles merely because- tho
bankers are in favor of them.
It is hardly necessarv in theso en-
re
FTlU; .. . . 1 i l UBMIBUni 1UI9 wj iu:n IKUIhJS
di anTheld sd onX lgfe
. in inir iin"Miit vthihtti in lniinci n nnn
led tobcneO i v- .- j-fBSSs:. . .- . W
ground that it was designed to bence
a few nan producers at the erpen'so of
tho many would be more -appropriate
for a Populist or socialist paper thana
Journal published for business' men.
Jfot enly are the statements untrue but
they aro designed to appeal to tho envy
and hatred cf thoee who think that
their failure is due to the success of
others. This is not the leinpex in whicli
. the important question of money is to
bo discussed and settled. '
. The claitn thar only nonproducors are
benefited by a dollar of high purchasing
jKnver is so manifestly absurd that it is
hardly worthy of contradiction. There
are about 250Ct).Cp0 adults in this
country of whom ninety-nine oue-uun-dredths
are producers. Tho millions of
working men 'and women in mills fac-
tories and fctores and on railroads and
steamboats are aHprodncers. Are they
not benefited by receiving thoir wages
in dollars which will buya largfcumount
of goods instead cf the reverse? Will
Tho Manufacturer have the audacity to
say that a cheap dollar which would
buy less i&oSs weald be a greater bene-
fit" to this host of producers?
Then we have the great agricultural
interest with its millions of workers
producing grain cotton eta No onO
will deny that they aro producers. Yet
art Jhcy.no; benefited by receiving mon-
ey whieh has a Ligh purchasing power?
Is there a farmer in America who does
not want so far as he is. personally con-
cerned the dollars which will buy most
' of all the things which ho consumes? If
thpro are an- who prefer the other kind
they could easily be accommodated with
Mexican "dollars' whieh vrill onlybny
52 cents wcrtb. of goods in this country.
There is absolutely co Imsis for the
charge that theTalue cf oar present dol-
lar has been artificially increased. Gold
faa money is wcrta just as much as in
'bullion and no mere. Its value is not
affected by Taw and it is therefore whol-
ly untrue that it is designed taeariii
tWfewat f'fc expeu.'eof the many. The
money of this country is the same for
rich and por. It gives no favor to any
class nor ka 4t discriminate against
the few or fe inauy- It serves the in-
terests of all alike and only demagogues
will pretend tlut it is maintained for
the benefit of ncaproducers or a limited
class of rich men A standard of values
which measures alike tbeworkingmau'a
wages the farmer's products and tho
manufacturer's goods cannot with fair.
ne be said to artificially reduce priced
iu the- inter' -t Of any class.
The SUtcT Ca Stated.
OTis.srlcWwuastlsiTyMlilAJvaxLtlirausi.lh.
COTS
At the ps!ssnrl.2: nooUl a aptnt frcm
fir;
Tim unktrrloot kliirtVul on tb coot of a
hstk.
AdJ Um tnkltbct kinked th clone of a fir.
The raekezjab
iwb.
t1ttld tbrtjuch thick una
la ijui or !fc ffttwjok. mttlipe bMrrat;
ho mmrvec vtUttMl tho CaniM at iu fin.
Aiwl (ivl a MoU) at tlw iconic bell
TUoru:
IwnS.
The nlmU-vrot wrlSu-r4 a whin bi tlut moon
M it liatrk-U-i Joui in tlw cbonu ot
wrath.
While wbaBZdocJlw Hll tb tir of tb loon.
Aud Oat jHJtItwbick tfobUiwl tim lUsxk
aiUrtuaili
Bat lp TJ)t of lbU antDUH-nl. utreti: u It U.
And Mi pitto uf ttu Luumjat Imttf 5-rccsit
Last.
Tho rMfit.Ma all t"lut to bjj nivttlc Stt
a Kl-i isai irwir iirf auout licKrwi
out
iiuvr Virk Bon.
JUrly HatUatloa.
"Wbeawns it" asked the inquWUre
tgnlg-. "that entile were used as mon
Nore BaBAiathe cheerful Idiot.
T iadiciicu;pnt the time wheu the
To b ukca Crctfj bulls 'ladiauapo
commonxj & factorfcsrnud stores. Their
chief function Tia to" wrvo as reservoirs
for all thepare. capital of tho country
Which they rcccivo only to loan. cut
again wherever it can be used "to best
advantage e iitea of tho Populiita -j
tnat banks drawintiTrestfromthopeuplo
oa idle money locked up in hank; vaults
is purely a delusion. Unless capital is
employed it can earn no iuterjst.i." -
The chief benefit conferred hyjjanhi
is their insurance cf credits through
which a much larger volume of business
of all kindt is transacted than if men
had to trade on a cash Insist. In this
way banks servo tho same useful .pur-
pose a? fire or life insurance companies."
The Populist pretrreft that bankers
want money scarce po that business will
be depresse'l is wholly untrue. In dull
times bankers suffer hb morchants and
manufacturers. They cannot loan their
funds hilo they are nearly always
bound to pay interest on the deposits
loaned to tl am. Every sensible banker
is anxious for tho greatest possible pros-
perity. The banker of whom tho cheap
money advocates dream and write is al-
together acreatnroof their imagination.
Wr In Japan.
We publish today a letter from Rev.
Will P. Turner a Methodist missionary
who was scut from Georgia to Japan
several years agoi
Mr. Turner keeps in touch with af-
fairs in his nativo land and sees tho ef-
fort that is being made to "Japan" our
enrrency His letter shows what we can
expect should that calamity befall us
A labor leader in Texas a few days
agd advisee" tho workingmen to vote for
the free and unlimited coinage of silver.
The rate of wages in tho foremast free
silver nation of the world will hardly
commend this advice to sensible and in-
telligent w-ige earners iu this country
Mr. Turner whoso facilities for in-
formation are as good as possible and
whoso reliability is beyond question
tells us somo interesting things about
wages ip Japan. It mnsfr be remem-
bered that his figures are. in Japancso
money which is equivalent to only SO
cents on tho dollar in our currency;
Hero aro some of his figures :
Teachers in government schools $12
to f 35 per month.
Post office and custom houso clerks and
similar govenimfu) positions $S to f 30
per niontlL
Teachers in high schools $1.1 to $75
per month.
Brick masons 60 to CO cents a day.
Carpenters 45 to 05 cents a day.
Female oneratives in cotton factories
'8centtrdarr
Male operatives J6 cents a day.
Mr Turner tolls of nu expert Japa-
nese workman whe with tho aid of his
wife made 8 cents u day I
Tho workingmen of this country aro
being iuforraed about what a Hver ba-
sis means in regard to wages.
There is not a nation on tho face of
tho earth which has ho free coinage of
silver whero the average of wages is
one-fourth as high as it is iu this coun-
try. Atlanta Journal.
"I'oorHinV iloney."
They call silver "the poor man'a
mouoy.' Well inaybo it is. It is tho
rapney of Mexico and India ami China
and other wprogrftttiro countries wbre
the common leojlo arO certainly about
as poor aa they can be -Mmm-apoliJi
Journal
Where Sllftr I Well Thought Ot
First Church Jlember Wliat aro tho
charge agin Deacon Jone?
Second Church Member Slanderin
thapariGii. Mud he was as good on gold
Harper' Bafcar. '
It Would tmxttr Our tnhitanl of Talus
mtit Would Uat (llr V 10 to 1 Cotnnmr.
A XVunphlt Which tltu Dumfoandtd
Ihn Pre SUir IVioplo.
Dr. W. P. Hill of St. Louts has just
Written npamphlot entitled "Argument
Against 'Free Silver Cofiigo at 10 to
1 'which has dup.iftmndod tup free sti-
ver people. Dr. Hill is tho youngest son
oftholato Brittou A. Hill oiiq of tho
ablest champions of flat money of tho
oid Greenback party. Dr Hill was edit-
cutcd in tho best universities in Europe
It has been generally supposed that o
would follow jii tho footsteps of hia
father and nd vocato cheap money. There
is- little doubt but that ho mado n
special study of finauco for the purpose
of securing arguments against tho gold
standard. Study changed his opiufons-
as is apparent from tho following quo-
tation from his oxcollont pamphlet:
Many pooplo innocently imagino that
tho freo coinago of silver is simply a
proposition to open our mints moro
freely to silver and to maintain our
money at its present standard of valuo
on tho gold basis and that by adopting
free coinago We arornot going to debase
and lower tho valuo of our money but
raise tho price of silver all over tho
World to a 10 to 1 ratio with gold
Thcro could be no greater mistake.
They fail to seo that it also involves a
chaugo in our unit standard or meas-
ure of value.
If the proposition was that tho United
States should givo a gold dollar for ev-
ery 3714 graius of puro silver brought
to tho mints then that would really be
an attempt on the part of our govern-
ment to raise the prico of silver and
how long wo could raito it would de-
pend on how much silver there was in
the world aud how much gold we had.
But tliis is not the proposition. Tho freo
silver idea is that wo must stop insult-
ing the silver dollar by redeeming it
and giving a gold dollar for it and
their proposition is simply to stamp as
a dollar every JI2 grains of standard
silver brought to tho mint and that
this piece of silver so stamped shall be
our unit or measure of value.
Is it possiblo to believe when tho
tho new law shall say that 412l grains
of standard silver shall constitute the
value of our dollar that tho dollar will
bewerth anymore than that? Under
tho present system wo havo issued mil-
lions of silver dollars on the ratio of 16
to 1." The world has steadily refused o
accept our dictum as to tboir valuo and
we are compelled to maintain a largo
gold reserve and not only stand ready
to redeem all those dollars but also
constantly to redeem many of tbem in
goMjio maintain their valnc.
. -SSaro staggering nuder our load
HBjKlUi our-rresent silver Circulation
and save di faculty to maintain our gold
reserve. Will "our load be lighter when
we undertake to coin the world's sur-
plus of silver? Will the world accept
our diptummoro readily when on tho
ono hand wo will loudly assert tho 10
to 1 ratio anil on tho other hand reso-
lutelv give tho lio to our own words by
refusing to exchange them at tho ratjo
of 16 to 1 which is tho only way wo
can mako our words count for anything?
The director of tho United" States
mint estimates tho coined silver money
of tho world at $4055700000 which
is about 53 per cent of the total. Of the
coined silver money moro than $2000-
000000 passes current at exactly tho
samo valuo as the silver bullion in tho
market and would flow just liko so
much bullion to any place where it
could obtain a higher price. The
world's annual production amounts to
$200000000; tho annual production in
this conntry alouo to $84000000. Our
gold reserve amounts to barely $100-
000000. Supposo that by free coinago wo could
possibly raiso tho prico of silver in this
country to double what it is now wo
need not say double but even a fraction
more than now docs any man need (o
be told that that would start a flow of
silver to this country nnd that our lit-
tle gold reserve would bo completely
overwhelmed and that tho mighty
stream would never stop flowing until
all vestige of a higher price had been
completely annihilated? And when that
had been accomplished does any man
iiee! to bo told that our dollar would
simply bo worth what 4 1 2 j grains of
standard silver would bo worth in tho
market as bullion? This fact is unan-
swerable there ia no freo si Iyer conn try
in the world whero tho dollar or nnit of
Taluo is worth ono partiqle moro than
tho silver iu it as bullion iu tho market.
Our attempt would bo about as ridic-
ulous as if wo tried to stop tho ebb and
flow of tho ocean tides by an act of cou
gress or to regulate tho movements of
thoplanct&
DrfQcllsad" Wood.
"Dcfuelization" )a a new word added
to tho language told in a story by Sen-
ator Palmer alxmt an Illinois farmer
Who for revornl years had been sol Hug
him wood for $0 a cord. "This year"
says Senator palmer "ho camo to mo
with a load audi told him that I did
not want ft. no offered it at $2 a cord.
I still refused and ho wanted to know
why I would not take it at $2. I told
him I was usitig soft coal for which I
paid $1.37 a ton. '(Joshl hooxclaimed
'I heard you was trying to domonetiro
silver but now ycu'ro trying to dcfuel-
izowpod.1" Wealth StatUtlr.
In 1650 the total wealth of this conn
try wan $7130000000 ubqut $d08 ier
capita; iu 1800 It had raised to $10.
IOQ.000000 or ftbout$5t4 per head; In
1870 it wan $30008000000 or nhout
$708 per head; fn jHfiQ u had risen to
$13013000000 or $70 per head and
fil J80Q fa $02000000000 or $000
Icr head.
w Abilene Printing Go
' i ''J'PWlprtY
Publishers Abilene Reporter
Book and Catalogue Work
Commercial Job Printing.
Jobjto
rcLoi"
I ; j
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Comprises all kinds of stationery required
' by business and professional men. Wc
buy in large quantities from first hands
and are therefore able to' make the low-
est figures consistent with good stock
and first class work on any class of
printing desired. In fact thejoboffke
IQomplete
iwTfvWf35!!)
flnd ready to do your work and give sat-
' isfaction.
We respectfully solicit a share ofyour
patronage.
Abilene Printing Co.
I
THEY FOUGHT WITH CABS.
Wllllo Wilde's Noral Uarl With Marquli
de LeuvIUo.
There have been duels with pistol
and with broadswords and with pike
staves and with stilettoi and with
tarantulas and with bucking broncoo-
bnt It has remained for Willie Wilde
and the marquis de Leuvllle to fight a
duel with hansom cabs and cab horses.
This is the only reasonable expla a
tion of the lamentable rvent upon the
streets of London rvtently. Theso
two men havo been mori or less inti-
mate with a well-known wom&n One
of them in fact has been her hus-
band for a few months. Their re-
lations to each other became so
ttrained that honor demanded that
1.1 ood should be- shed. So tho dues
was arranged.
To avoid police Interference hansom
cabs were selected Jd each' man was
to ride In tho cab selected by the other.
The marquis entered Willio's cab and
so wisely had the kinsman of tho sun-
flower prophet chosen that his rival
was soon thrown to "tho pavement.
Tho stones broke tu bridge of his
nose and the horse kicked him in the
side and broke one of his ribs. Willie
escaped unharmed. 'This incident
illustrates again the ingenuity of the
English. Duels in France never end
except with the best of feel logon both
sides. There Is no desire to hurt any
one. It we must have duels let us fol-
low the example of tho Parisians. Tho
hansom cab is too dangerous nnd er-
ratic a weapon to be harxded care-
lessly. ADVANTAGE OF SLOW TRAVfcL.
-The Old-htjlo Transatlantic Jouroej and
That of tho Haclnff I.lnxr.
The slowcr-goinjf steamer bay 300 to
350 miles a day has decided advant-
ages over tho racer. To attain a high
speed enormous propelling power is
required and the ocean greyhound la
like a great machine aliop tho" 'pulsiT
tions of the machinery jarring overy
portion of the boat. To double tho
speed of a vessel at sea tho power
must be cubed. Tho vessel to plow
through tho water at twenty-fottr
miles per hour must displace twlco as
much water in an hour us it does
when going at twelve miles per
hour. That would require twice
tho jowir. Hut n addition to this
the water must bo displaced in half
the time and that requires the power
to bo doubled again. So that a vessel
which would conmune five tons of coal
in nu hour ffoluir at a rate of twelve
miles would consume all other condl'1
tlonn bolntf equui twenty tons pi
nour it wio speeu is increased to tw
ty-tfour mites. After ull there ore'
tractions in tho old style of golnguo
aoa with it leisurely gait Us. jtortfet
rest iia ausoiutu cuaniro from niVthe
condition of life on land whleljl tire
......!.. I. tl.. i.i..... - 1-j "
. - ....- v. -. .-rji y
Hie bctwQcn Kew York; and fttrqfpj
Lone Star Stock Farm.
SEHSON 1895.
The following highly bred sires will
make the season
Haskew 9965.
sue of the Lone Star State yearling 1:17 aad Eagle Pats 3 years : -' ty 1
Monte Chmto by Geo. Wilkes; dam Sis I'atchen by Basbey S1S7; 2d i. h.
Fanny by Qiorley Lowe 241 record 2:25; 3d dam by Clarion thoroughbred.
iiaskew's services are offered at $30 far the Season with usual return pmeletc
Lone Star State .
yearling record 1:1 7 Bay stallion.foaled tSoo. lull brotlier of Eagle Pas 2:35. ti Ma
dam Winnie Lee by Abdallah West 3383 2d dam Oneida 2:38 by Field's Royal 1.
Lone Star State is a handsome and finely finished young stallion and h u t
great breeder. His services are offired at $20 for the season with die usual return
Garland.
Chestnut .stallion foaled 1S90 by Voang Jim 2009; dam Jfcnnie Derkele .
can Clay 35; 2d darn Madam Uerkele by a son oflng Island Ulack UnV 2J.
w..u iiuicii iiimseii a great siock horse. Hi services are otTced
at $10 lor the season with usual return pitvelege-
Mares from a distance ttiUbepaitured Uuring breeling season free Of cluific
ADDRESS
Abilene or Guion Texas
or call at Lone Stock Farm near Guion Taylor county Texas.
Kt 9965
'K s3-
lCgt
Amen-
ubhel
a ouf of the "Users. "
BiAittttaftftAfi
; 7tjrrr"rr'' ". m . w mbbhh
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The Abilene Reporter. (Abilene, Tex.), Vol. 14, No. 40, Ed. 1 Friday, September 13, 1895, newspaper, September 13, 1895; Abilene, Texas. (https://texashistory.unt.edu/ark:/67531/metapth330905/m1/2/: accessed July 17, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Abilene Public Library.