The Abilene Reporter. (Abilene, Tex.), Vol. 14, No. 44, Ed. 1 Friday, October 11, 1895 Page: 2 of 8
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3 Governor Culberson Tlctoty
0 The Tcxa legislature with practi-
W cal unanimity has passed the bill with
ah emergency clause miking priis
fighting iii that state impossible. Gjv
Culberson has therefore' kept his
promise that Coibet and Fritxsimmbns
should not have their mill in Texas-
soil. In accomplishing his purpose
the governor has not only done Teftas
but the whole country a service. He
has set an example of indomitable
resolution which will always stand to
his1 credit. Thfe extra session has test
the Texss treasury a large amount of
money for mileage and the wages of
members but the money has been
well spept and it is in one respect a
contribution to the welfare of the peo
pie of the whole country for with the
-passage of the act the end of prize
fighting in America has .been reached.
If prize fighting were merely a sports
man's pastime it would be an easy
matter to evade the authorities; for the
two men with a few friends could go
out into the wilderness and fight
for the benefit of their respective
backers. But prize righting having
become a business men organizing to
bring fighters together for the mere
sake of the gate receipts the spectacle
cannot be lolerated in any civilized
community. It has not been so many
years since the notion was generally
entertained that almost anything could
be done in. Texas that could no be
done anywhere else but Gov. Culber-
son has now completely extinguished
that scandal and the state gains in
prestige accordingly. We may there-
fore conclude that James J. Corbett is
the last of the prize ring champions of
America. He is now free to exhibit
himself as such without fear of chal-
lenges that he would be compelled to
accept and to devote himself to the
stage and to personal brawls and the
usual diversions of men of his stripe.
It would not have injured Texas
especially if the one fight should have
been had and for the governor to
huve awaited the regular session of the
general assembly for the enactment of
as anti-prize fighting law but he
showed the proper regard for his
dunes as the chief peace officer of the
state when he set out to prevent tne
fight and carried out his purpose rven
at a considerable cost in money to the
people. His proclamations will be
respected hereafter. The readiness
with which the members of the legis-
lature complied with his request lLough
at much personal inconveniecs in aban-
doning their nsual vocations showed
a truly patriotic spirit. Commercial
Appeals.
m
Sixteen Sound Money Pacfs.
i. The United States today has a
larger circulation per capita than any
tree coinage country ever did have
2. It has mors gold dollars per
capita than any free coinage country
on earth today has or all kinds of
money.
3. It has more silvtr dolhrs per
crpiui than any free silver couutry to-
day. 4 It has more gold than silver and
the Tolame of its silver circulation is
greater per capita than the entire cir-
culation of golJ stiver and paper
rojMgptYtf silver of any free coinage
lOtton.
The United States under the gold
standard since 1S73 has maintained
a greater circulation per capita than it
ever did before.
6. There has been five times more
silver coined under the gold standard
from 1873 iH na twenty two year
than there was under free coinage from
1792 to j 873. eighty-one years
j. Eyery-natmn-that has adopted
the gold standard (except one or two
who are on depreciated piper bails)
has increased in circulation.
8. "Ho nation of first-class ci villi i-
an has the silver standard.
9. Mexico is the highest type of free
silver nation On earth on double stan-
dard so-called and its' per capita cir-
culation is $4 71. Our per capita cir-
culation has increased jmce 1S73
mors than the entire circulation of
Mexico.
10. Mexico is the best exemplar of
free sliver has no middle das; has
millionaires and paupers or peons
1. 1 The wages of no free nlver
country on earth averages a third of
those in the United States.
13. Ho country on earth has in
pnctice a double (gold and silver)
tatter
IJ Nj country j 379 years has
(since commerce became international)
ever in ptictice had a double standard.
14. The proposition that (here can
be but one standard is the f.tct stlf
evident. (Carlisle and Mr Ingram-
secretary ofthe'treasiry in 1830 under
Jackson.
15 Both metals under the coinage
have never circulated concurrently
and discriminate in ihe country
where there are btnks and money
dealers " Sslect ' co'mntiilee of the
House under Jackson 111 1832)
6 The over-v-ilued metal undcr
free cotnage drives out the other.
(Binton 1835)
Give Us a Rust.
The great commercial industrial
financial and trade circles of the coun-
try want .1 rest from politics. They
have been struggling for two ears or
mors under the severest depression
and now that the industries of the
Nation are rapidly reviving and start-
ing all the varied channels of trade
whici depend upon them the great
need of the country is honest devotion
to the advancement of business and us
little intrusion of politics as possible.
We have just started upon an area ot
prosperity that promises to be more
substantial and endurtcg than any since
the war and the great energies of our
people want to be let alone.
Of course ;t is distressing for patri-
san organs to see prosperity comt to
the Nation in spite of the calamity
howlers who have had a harvest during
the last two years. They did their
uimost to hasten business paralysis
and to delay its recovery. They did it
not for the sake of industry but bOlely
for the sake of politics. Now that in-
dustrial rtvtval has come in spiie of
them they are compelled to inject
partisan politics into the pages of or
gans every day in the vain effort to
mislead the people into the belief that
other than entirely logical causes have
been the restoratiooof prosperity.
The curse of our nation ts our poli
ticaf contests ne administration
is not fairly under way until congress
and politicians are agitated for the suc-
cession. Our financial system is often
theplaythmg of party leaders who care
nothing for the credit of the nation if
they can gain poer and an important
economic policy of the country is not
even fairly tried until partisan interests
agitate for us overthrow. The time
has come when the country wants free-
dom from parsian politic; because us
entire energies are to be devoted to the
business prosperity that has come apon
the psople in dtfiince of the efforts
partisan organs and leaders to hinder
it.
The success of business interests of
ihe country is paramount to everything
and the partisan organ or leader who
tries to inject politics to aid business
paralysis or to hinder business recovery
is the fee of national tranquility and
business advancement. What the coun-
try needs is a rest from political agitators-
The cheap mouey freaks have
betri practically Overthrown; the
national credit is no longer seriously
endangered and the chief obstacle to-
day to the rapid development of the
highest measure of prosperity through-
out all classes of our people is the
mean partisan who puts party above
country and political ambition above
industrial and trade achievment. We
want less politics and more dcVption to
business. There never was a time iu
the history of the country hen the
people should have Us sympathy with
those who make politics a trade than
is this present premising autumn f
1B9 Philadelphia Tjmes.
Education should never be finished
until age has so far dulled the intellect
that no further knowledge can be ac-
quired. Too many young men think
the diploma is an evidence that they
know all that is woith knowing. Be-
tween such an one and a fool
there is but little difference. Time
and -money spent intending such a
boy to school after be has learned to
read and write in his mother tongue it
waited The object Of schools is to
train the mind to correct thinking to
lay the foundation for future acquire-
ment! to furnish not the conquest
but the weapons wjth which to make
them. The college is only the prepara-
tory deparment of the great school of
life andthegraduste is pnly a fresh
man just matriculated Farm and
Rsnch.
Binuiows' POSITION
I"
THE MICHIGAN SENATOR ARGUE&
AGAINST FRgfe COINAGE.
. '
It Would Kpl Our Ooltt nnd ttotit lapcr
ml ' CttUKc n DlMitrotin rtilo lteinlt
or Mitring Two iJolluw ot lilfforrnt Yftt-
KtIU ot Silver llasl.
In nu address delivered tit Rny Vlow
Mich. Souutor Ilnrrowa of Nichignu
vigorously opiwscd the free cotnngo fnl-
lncy nnd uphold our present minnoial
syfcteuu After reviewing our monetary
legislation ho said;
"In tho first plnco the freo nnd nn
limited coinage of silver ut JO to I
would in my judgment vxpol from onr
circulntilm not only onr entire volume of
gold bul evcrj dollar ot paper nionby
redeemable In gold nud causa a contrac-
tion of tho currency nud a result nut
panic tho like of which hits not been
seen in this generation.
"This would folltw as tho inovitnblo
result of that law Of monetary scicneo
which where two moneys aro Issued of
unequal vnluo tho cheaper will always
expel tho dearer from circulation. It
certainly needs no nrgumcut to demon-
strate the troth of tho proposition flint
if two dollars nro issned one worth 60
cents nud tho other 100 cents tho SO
cent dollar will bo tho only dollar in
circulation nnd tho 100 cent dollar will
bo hoarded by tho banks nud individuals
until the wholo volume of such currency
entirely disappears. This law is of uni-
versal application nnd has its origin in
human uaturo itself. No debtor owing
$100 would discharge that indebtedness
in tho more valuable of two moneys. Ho
would snrolj make use of tho cheaper
and retain tho dearer; It was the knowl-
edge of this lawMbat guided the fathers
in fixing tho ratio in tho beginning at
15 to 1.
"They knew that dollars of nneqnnl
commercial vnlno could not bo made to
circulate permanently side by side and
so having ascertained that 24 grains
of pure gold were of equal value with
371 ii grains of pare silver they pro-
vided for the coinage of these two met-
als into dollars at tho ration of 15 to 1.
Bnt the truth of this principle has been
demonstrated over nud over again oven
in our owu history. The gold and silver
coins issned at the ratio of 15 to 1 un-
der the act of 1792 shortly became of
unequal commercial value tho bullion
in tho gold dollar being Of greater value
thou the bullion in the silver dollar.
The silver dollar became cheaper than
the gold dollar and tho consequence
was that silver alone circulated and
gold gradually disappeared. Indeed
and for the samo reason the coinage of
gold declined for tho 24 ?4 grains of
pure gold provided for in tho gold dol-
lar were worth moio uncoined than
when coined and therefore its coinage
naturally ceased and silver bullion
alone found its way to tho mints of the
United States.
"It remains only to bo inquired what
would be the probable effect of adopting
the silver dollar of 371 grains as cur
single standard of value. The first and
most patent result as already noticed
would be to drive from ocr circulation
every other dollar of superior value
whether of coin or "paper. Our 000-
000000 of gold constituting one-third
of the entire volume of our money
would be quipkly eliminated from our
circulation by being hoarded or sent
abroad followed by tho retirement of
our $400000000 of paper currency re-
deemable in gold producing n contrac-
tion of the currency unexampled in our
history of over ?l0Q0OC0O00 to bo
followed by a financial convulsion un-
precedented iu modern times. It will
not do to say that with freo and unlim-
ited coinage this vacuum would bo
quickly supplied for it would reqnire.
25 years with the present capacity of
our mints to replace this vast volume
of currency with silver.
"This consideration alone ought to bo
sufficient to dotcr us from venturing
upon such a hazardous policy. More
than this. The silver dollar Of 371 14
grains produced under free coinago and
not maintained at a parity with tho gold
dollar as it surely would not be would
as we have seen atonco sink to tho level
of its bullion valuo nnd be worth only
about 50 cents. Every depositor in sav-
ings national and stato banks tho hold-
ers of policies iu life firo and all other
insurance companies investments in
loan and building assccintions.represent-
ed by a great body of pooplo numbering
more than 20000000 would bo forced
to receivo in return for their deposits
premiums and investments a dollar of
only onchnlf the value of that with
which lliey parted to tho. enormous and
incalculable advantage of these great
corporations. Suppose nu importer of
foreign goods should become indebted to
the government of tho United States in
the sum of $10000 for customs dues
what would prevent hbu from purchas-
ing $5000 of silver bullion nud under
frtff coinago 'converting- it luto 10000
silver dollars and with these liquidate
the indebtedness to tho government?
Every pensioner would find hia monger
stipend lesH'ued one-half nud nmuy of
them would bo reduced to beggary. Ngt
only this but all tho recipients of fixed
salaries every clerk teacher railway
employee and ieceher.of it stated in-
come wonld bo. forced to tako n money
which in procuring tho necessities of
lifo for himself nnd family would pos-
sess only one-half of Its former purchas-
ing power for it must bo remembered
the prico of cery thing would advance
aa tho vuluo of onr money declined.
But it would bo an eudlet task to ut-
tempt to cutuloguo tho disaster which
uch a step would be sure to entail. "
A Silver Iooomulact
They y a follow In Henry oouuty
Mo. is so cranky 011 tho silver question
that ho digs up ull the goldeurods and
marigold raiw?" white corn and won't
speak to his wifo because the has golden
hair is forever denouncing the go)-l
cure won't keep the golden rule- and
doesn't want to enter tho golden gate
-Ei aiwtou (Wy.) News Begiiter.
.1 1 ' ' f " .. .... "
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The Abilene Printing
iilrt'
JobSto
1$ Complete IMS
SWISS
M?'i'TA.-R3iiTqtg.JI!S;
i!
THEY FOUGHT WITH CABS.
Wllllo WUUe-i NoTl llurl With MarquU
1 LcutIIIc
There have been duels with pNtola
and with broadsword and with pike
staves and with stilettoi nnd with
tarantulas and with haekinc branou.
nut it has remained for Willie Wilde
and tho marquis do Leuville to fijrht a
duel with hansom cabs andcabhorsos.
This is tho only reasonable explana-
tion of the lamentable event upon tho
streets of London rvi-ently. These
two men haTO been inoM or less inti-
mate with a well-known women One
of them In fact lias been her hus-
band for a lew months. Their re-
lations to each other becamo so
(trained that honor demanded that
blood should bo BheiL So tho dues
was arranced-
To avoid police Interference hansom
cabs were selected ad each man was
to ride In the cabseiected by the other.
Tho marquis entered Willie's cab nnd
so wisely had tho klnaman of tho sun-
flower prophet chosen that his rival
was soon thrown to tho pavement
Tho Stones broke the bridge Of his
nose and the horse kicked him In the
side and TroUo one of bk ribs. Willie
escaped unharmed. This Incident
Illustrates nzatn tho Ingenuity of the
English. Duels in Franco nover end
except with tho bct of feeling on both
sides. There ts no dcslro to hurt &ny
one. It wo muit have? duels let us fol-
low thfe example of tho Parisians The
hansom cab Is too dangerous nnd cr-
vatic a weapon to bo handled care-
lessly. ADVANTAOBOF SLOW TRAVEL.
The Qlil-Style Tranaatlaullq Journey and
That of the Itaclng Llnxr.
Thq slower-going steamer say 300 to
350 miles a day has decided advant-
ages over the racer. To attain a high
speed enormour propelling power Is
required and the ocean groyliound Is
like a great roachlno shop tho pulsa-
tions of the machinery jarring every
portion ot tho boat. To doublo tho
speed of a vessel nt sea tho power
must bo cubed. Tho vessel to plow
through the water at twenty-four
miles per hour must dtsplaco twlco as
much water in an hour as it does
when going at twelvo miles per
hour. That would require twice
tho rowir. Hut iu addition to this
the water must bo displaced iu half
tho titnu and that requires tho power
to bo doublpd aguln. So that a vessel
which would consume five tons of coal
In an hour going at a rate of twelvo
tnlles would consume all other condi-
tions belng cquul twenty tons per
hour if tho speed U Increased to twenty-four
miles. After nil thero nro at-
tractions Jn tho old stylp of going to
eon with Its leisurely gait Ha perfect
rest ! absoluto change from all the
conditions ol Ufa on land which arc
superior In the judgment of many
people to tho rlvo or is d?y jof hotel
Jlfo between New York and Liverpool
m ouo of the ''liner "
Publishers Abilene Reporter
Book and Catalogue Work
Commercial Job Printing.
V
Pomprises all kinds of stationery required
by business and professional men. We
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 the job office
Wnd ready to do your work and give sat-
' isfaction.
We respectfully solicit a share of your
patronage.
Abilene Printing Co.
B'riWVlfS
Lon& Star Stock Farm.
SEHSON 1895-
The following highly bred sires will
make the season
Haskew 9966.
Sue of the Lone star Skuc )tling inyj and Eagle Pais 3 years uld : :j If
Monte Chnsto by. Geo. Wilkes; dam Su Patahen by Hiubey StS7 ad dam black
Fanny by Charley Lowe 241 record 2:25; 3d dam by Clarion thoroughbred.
Il-tkew's sen ires are offered at $jo fur the seawn with uiual return pmelcge.
Lone Star State
yearling record 1 : 1 7 J Bay stallion foaled t S50. lull brother of Eagle Pass 3:2$ by HaVew 9965
dam Winnie Lee by AWallah West 2583 2d dam Oneida 2:384 by Field's Royal George Sj.
Lone Star Slate i a handsome and finely finished young stallion and should prme
gTeat breeder. His services are offered at Sjo lor the season with the uiual return pnvdege
Garland.
Chestnut stallion foaled 1S90 by Young Jim 2009; dam Jennie Hcrkele by Amen-
can Clay 3s; 2d dam Madam Uerkelc by a son of Long Island Mack jiawk 24.
Garland has proven himself a great stock hone. Hi services are oflecd Ue pubhc
at $10 for the season with usual return pu'vclege.
Mares from a distance will be pastured during breeiing season free of chaige.
ADDRESS
:. :mi. nvsi:i'Vr
Abilene or Guion Texas
or call at Lone Stock Farm near Guion Taylor county Texas.
1 asiisiaiiiiiiiftiijidi
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The Abilene Reporter. (Abilene, Tex.), Vol. 14, No. 44, Ed. 1 Friday, October 11, 1895, newspaper, October 11, 1895; Abilene, Texas. (https://texashistory.unt.edu/ark:/67531/metapth330909/m1/2/: accessed July 17, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Abilene Public Library.