Halletsville Herald. (Hallettsville, Tex.), Vol. 21, No. 28, Ed. 1 Thursday, June 2, 1892 Page: 3 of 8
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IRCULATION LARGEfH^ gerness to redeem such money with credits his groan's.
m 1 . I 1 T /X* I I * I. i i * I* x * II * f 1 ’ ’ .* 1*1 -- i
Than that of any
other paper published
LaiHica County : hence
riper do advertise mai a', (
to subscribe for.
ALLIANCE COILYEK.
By j. W. KING.
COLPi’BUOS ANGRY.
DAVIS’ ARTICLE IN THE ARENA
HAS DRAWN THEIR FIREt
with value. In effect this is bus- tp (if teen millions of ducats*. which -Even ns .late as 1830 the time for . damage The owners^ ofgold
1 mg money, not on gold, not on sii- bv daily transfers on the- books, broiling Cobbett had not yet arriv- will be.shotn of their powter- over.
; vt'r, nor on:Huy.sin.gh- -comnudity, settled .balances /mdng the .mVr- e.l. Expnhonte/were stilf being nations and'men. The; great Tern-/
be.i on all Clint nudities. A money eh;it Us. .Tlris .batik never h-vised to enable the bank to rfe- pie of Diana Nv-iH be shaken by the5
^ -SO .based is precisely as • good as, ed;. business frotn its first start, [in Tume. • Ttyvas ari^ugete. ultimate!}, ground-swell of risi ng humanity
t]ie issuing government-no better, 1171, tilt its ca.pt bre by the Trench that a portion >of the currency asserting its rights, and her yqta-
: *«> wen*'*- A money' so based, in 1707. The Freach /expected to liquid rest.dti itsdeghl tender 'quai--Ties will yrv oiif in behalf ' at their;
though made of paper,...never falls, find/ several, -tons of gold. They jty, amounting to. about. sixteen vocation.. They will mystify the’
below coin while the issuing gov- only got n set of books; they do- i millions sterling, arid- the rest’ sqbjei* with'every art and device
eminent remains intact and con-/stroyed the bank -but found no should be redeemed in coin. &L of Satan/afid blacken the nam^of
tinges to collect end disburse rev- coin. That was the main bank- the broiling time of Cpbbett never, the people s teachers with a!b the
.. enues.-This rule has no exceptions.' “The Danko del .Giro.’-’.-; ... came, but. ti)e.‘‘million people5’ and lies and epithets, so familiar to-
A paper money so founded and fe- Then, besides’ the' main bank, j J110re were duly starved in the' at- them. Yet, m Spite of their rage
You Can Stop a Cough
at any time with
deemed is always preferred to coin, there was a small branch k'nowu. as ^ tempt to reach specie payments. and terror, “The Money Ques-
Intrinsic or commercial value m ! “the cash:office/', where men could : England’s greatest philosopher, 'tion” reraaius a leading, factor i«
•the material which :is endowed with deposit coin andtakedtp'ut in kiqd. matjy years, Jhter,. described the. the prob-iem of civilization, and it
A4 ■■ namimn•••arJ
- V m Ham a AmmaX^*
DOCTOR
s
P
■
■ I
■
ENGLISH
EMtDY
IT WILL CURE A COLD
IN TWELVE HOURS;
.A Kansas Congressman Replies to the the monetary function is not only This cash office was on the plan of
Criticisms of the-Philadelphia / unneccessarv. but it should be fur- our modern savings banks, fjjt sus-
thef stated that such intrinsic vaU pended cash payments twice; and
*■ ' ‘ . rj- . .... .. . ' • * .... -• 'I •*•• .. . _ -
North American.
condition of the British finances must.be taken into account by all
as follows: ^ / peoples and'.nations engaged in
England herself does not in re-, solving that important problem.
ue is a great aud sometimes a fatal the main bank Was .compelled to ably base her currency on specie-'! The creditors and fundholders
nhi i f r\ , m Annv ■ m qIqviq) c i, ol n, ,-v rfo n 1 f- Tine? r,,.Ai-nr. ___I 1 i • I _ . , ; 1, . l ,* i * m ■ ’ , ,
■
■
| A 25 cent Bottle may save yon:
• $100 in Doctor** bill*—maymTe;
•your life. Ask your DruggictS
: for it. IT TASTES GOOD.
a woo*•»••■■•*■•••■■5
PURE PINK PIUL8. :
|Dr. Ackers English Pills;
“ CURE BILIOUSNESS.
.11, (IAiiiL i* f*v*Hte wit* the MIm.
■
John Davis, m'. g., in k!of l. journal ' objection ;fo the ; money- material: sustain -its credit This proves nor could she without bringing all
Ti -w-___il. . _ ________ _r il. . ___1___1_ T _ _____T_____! . .. • IE l* l • _
Last" week my friend Tom L gives the.-owners of the valuable conclusively that the quality of le*/ business to a dead-stpp in-a very
O’Reilly of the Journal of the m0r]ey catena! a .monopoly of the .galteuder and receivability.in the short time. She just mixes enough
- . - nmnovr nf tfiA floilftfr^ Tf rtnld I rfirpn-npo tvCrf* a “irroolpr n<tvYfin_ ^l-' e__t±‘l±i'1:J ? 'i____
Knights of Lal>or sent me, a copy
.. defight in wars. They tbeu favor
“cheap money/5 depreciated on
purpose by law. They theu buy it
up at half-price and loan it to the
government and other customers at
whole price. When ./borrowing
I W H HOOKER * CO., 44 Wert BrAdwjijr. N. T.l
llltMIIIIIMMIHiMIMMM*
__ money of the . country. If gold revenues were a “greater adyan- of this specie-basis fiction in .'her
fei the North American pf Phifa- *kme is us?d aS' moneV> thfn the tage5' than coin ■. redemption, .pre-/ fiuances toeontimially or peribdic-
-delphm, dated April 15. It. seems araolmt of mone-v in a Zire*\^un- cisel.V as stated, by our great Amer- ally divest the laboring classes.of-
■i that my innocent little, article on j canDO? exceed the amount icah, L)r, Franklin, before a coni-; their earnings -for.'the benefit. of tame is over they cry out “specie
“‘The Mohey Question” iu the ’Are- ,o{ sq]c] availaMe in that country; mittee of the British, Parliament, the nobility. -But for the real ba- payments," retire the money to.
na has agitated the editor’s Mpves, ^ie holders of gold, by making Now the good old-, pliitosopher’s ,sis of value to her 'currency sh§ .raise its value,.and thnn demand
and, like most agitated menf ’-be'. mon€‘N 6cnrcP or P^tv at will, be- bones most ache and rattle as-lbe. makes the uotes of the . bank of gold payment on “cheap currency",
says some very foolish things. ' It come : masters of ^e situation, newsboys of Philadelphia pass near England, as well as her coins, a/loans. These are the cold factf ' I
Ipkee a long time for some people | I'^ey occupy the position describe his sacred • tomb,. crying out:-full legal tender tor .the,; payment stand for honestanoiiey and honest.
..J U_ r„ * - —1‘ 41, A . ' n of debts, aud not the notes of the payments of. debts. - I«tbink: debts
other banks. From this a we sen, should be .paid in the same kind of
that ^ven iu England specie basis: money loaned, - I believe with
is a mere fiction5 a false .pretence. Senator Sherman that the contrac-
tion of the currency after the late..
to learu that there are times wh'euH by -Mf-Ga.-firld when he said: -‘Here's your No,.)h American, Ail
it is best to be sileut “\Y Hoever controls the volume of about‘Davis on Finance!’”
31 Thetgreat eit* editor calls mv currency is absolute master of . Our editor is quite at loose ends
neat, ’truthful and logical article a” industry and commerce." Sen- when he sneaks of war money. He
“fallacious, sophistical and loose >%tor Benton, speaking o| the same acknowledges that wars must be -Herbert Spencer. .. ,
f .jointed reasoning.” He also says: Jai]gerous cJass of me-n, said: “All prosecuted with paper, and admits] In the same lin^ of thought. 1 war was “an act of-folly, without
Mr. Davis naturally takes the Property ts^at their; that coin leaves the country m ca\[ attention to the following: . extim^e for '^yll in modern -times.”
t: * TT‘ Jl ‘ “ -jg. i'-beliere^wi^b/Sena-tor.-Wade- that'
it was^’bpuias bad as. a fire.”
Physicians endorse P. P. P. a* a
splendid < on, Wnaticn. ;md prescribe Ik
with great s rti^fax i i<m for th« cures of
ail. forme-and statres of Primary, Seo-
ondarv and Tprtiarv Srphihs. Svpbil-
ground that money is essentially a ^oeB ^iat Jf I ^as oppos- times of danger, tie then insinu- When all our paper money
Creation of the governing power, to |e^emPtlou' °f mouej . ates that legal tender paper money, made payable in specie on demalid
K-S-— .......................... It is precisely the basis on which depreciates in time of war. This:it will "prove the most certain
deriving its value from legislative
•sanction for its effective existence, t 6°^
coin
8tantl® -t0/dai’ Take ' is not necessarily true. It did not j means that-can be ufeed to fertilize
C That is precisely, in effect, what - awa-v the ,egnl-tf rder quality of do so in Venice. It did not do so 1 tb'e rich man's field * by the - sweat
'I said, and if the editor of the aud refuse it m the rev- in the Cnited States during the of the poor man
’The defejraihation today to sup-
• --? \ .. V'v; -‘fT . -.-vki • >• . .
*' IK. '• ■ - e—./«* - ,
press: bhe of 'The ancient money/
metals is a contest between the
Daniel fundholders and the tax-payers of
the world. It.is a determination
's brow.-
»uc Kheurnatitun, Scrofulous Ulcers
and SoreH. Glnridular Swetliugf*. Rheu-
matism, Malaria, old (^lupnic Ulcers
that have resisted al! treatment, Ca-
tarrh, Skin Diseases, Eczema, Chronic
etc., etc.
Poison,
P. P. P. is a powerful tonic, and an
even dare ,o risk the ^periment i iegal tender.. That paper. ^ Our enemies are a., ““
.1..m__j.-u .. ...P ■ ’ ’ 1 -i ,i -,i "•jH—n/;1
$9 ^
Korth American can furmhh a sm- f ^ues, aud it wiH .not remain st/Jate w^r. During the late war Webster^/
gle exception to the role, now is a Par ^lth ^gabtender paper a sin- there were *60,000,000 of paper The intricacy of the question has of the Shylocks to take .the .last -—
.-feood Ijfme to trot it out. Has he j ^ e. 1 are e -8^ meu money receivable in the revenues; been much increased by the tiiih- P^und of flesh from .our . naked Tetter. Scald-Head,’
seen any moupy iu FhiladelpXiia '' ^ie ('xPeument . The> don t and endowed with the quality of ft „„ ' '
which is Dot the creation of law?, _ - vinuiu^u,™, a
1 remember very distinctly hear-j- P‘acinS‘c' -*ln an( PaPer °n * the ^ was preferred to coin during the salt, shells etc to give' intrinsic Yogant and merciless,
ing the late Hon. Win. I).' Kelly, same legal footing in the revenues] war and ns long as if circulated. value a„(l Becu'ity to money- but ' Tbh men of the West- claim to 'Zk*
.Congressman from Philadelphia, : tuul11 tlie transactions of com-, The greenback' wan equally re- the Bial and be6t definition is be entirely sane on this money
:say tdat there was then no money me*'«e- .deemable m com in theory, but not thRt it is a .documentary promise, question. We have studied most
inexistence which had not been f he e.ntor says that my theory receivable, in the revenues-nor a ratified and'guaranteed by the na of the g, eat orthodox authorities L- • ■ ev-r arv (a^emai
■created by some government That would eail o discarding:both gold, full legal tender. It depreciated tion. to give or iin.l a certain qua,,, on both sides of it. We propose: ill/
(Hiltemeot was made twelve years,™1 mivei as Wmp so, it is , badly. So, then,.money is as you ■ tity of 1$bor or the resuits 0f labor, to try no new experiments nor i^aiuViyUn^pd bythe wonder-
jIP/,
. htumatisM
foolish titedpe(l All we ask. or
ago the present month, in a discus- [Lot f^uh. I would place ; by law treat it. Law lmjkes and _ j0^n Buskin.
|«m with Mr. Garfield; in the house goW. silver, ’and paper on the unmakes money., It was a.great discovery when a l^'e ever asked, is that we may be j M
t.representotives, and Mr. Garfield same legal foo-ing and give them I now come to the-British fiuaa- metallic medium was substithted allowed to pay oui debts in mont-y >
ul tonic
U<<xi-cican*m*
prop-
CURES
*ey. Money is a epeat'ion of law*, Jj? .f' years of specie suspension, begin- to coin’ was. substituted for gold : -The debtors of America are the
-and it depends upon law for its ga » either <w biitli of the met- uing with 1797.
T fT
|1oieoe
mis of P P.' P., Inckiy Ash, Hoke
Hoot and PufaPHtil»n
and silver; but a third discovery m^t^°l whom I plead.
Ttris' whole
suoiect would *be
very amuslbg were it not so seri-
ous. Among the creditor classes
fnop acquired'these simple, rndir £r gf**? wiU -»°**«>«pe^on began in 1797. The com&erce and manufactures of New York and London it is a, ... us e„urlct#rl.
jnentary truths, he should lay down 0 rlt ’’ ' i reel Bill for the return to soecie ______.•_______• . .... ,. ... II \ R..OS., Tropri< ton,
-- ----------•*-----; The editor hiv wnnld - * • -a ««vhuco in a caxeer or unex- question or , now-last tbey will
h,s faber and take up his hort-1 ..^t^irtSab^ 1 /"“aV "H * - Y f P^P^rity.-^ir John Sin/budd up the fortunes of their
/ book. He is behind tne school- lnsl 1 inat lireaeetDable • ?°'eiD_ time set foT the return was May 1, ^ini 1 ■ , m-n. • .
^LiU-an Wxxof Pnf u teent notes should Cdhstitute the lftOQ • en ,v. here vo: -/ . .. - A : gieat mnhonaires, and as to how
8p^e might advance in a caTeer of unex- [question of , how *• fast they will r.ra«; u»vLir>pnuin’« Bi ck, Savaaaah*OA»
For sale at LayTs drag store.
children of ■the W^T 5aY ^cok-1 gp W> 11823. ' So we hhre have g|p| “there are none so biind as those StSlS^hS -
J tmoes farther and quotes me as ; «),e _ , years of snspcusiqn rnstead of ten ,vhrt w;lr not see, Otfr.editor sneer-; will make his appearance! With '
'H-V10g: - |m . , .. H se 6a ■: yeys. state‘' by the Philadei- ipgly rerefs to men who have' “the--the debtor classes and taxpayers* ! I i 1111/ I lift
It (money) need not be worth :“tnt ^acity. W hen one ar- ■ ph» editor. I cal] especial atten- ones- to eUstalu; I desire humbly oi America, East and West, it is a UftWllNv
anything in itself. It need .not "lfl' infancy be most have pa- tion to this point because the facts . to rema,.k tLat the D,utoorats ,,ai m.,stal nf fliBtrH5a .,naa „f J1H III MIlU
1 - - -perf/se;
I
▼aloe.
of money is to lie redeemed. A every well-informeda person. The
homes for the present generation,
I discussed this phase of the sit- and of serfdom* tenantry aud slav-
'fZ-ZZZ ZZfZZlZZZZTZfZl^ ^ Children, and grand- HaU.rsvUia
■these subjects in that Arena arti-«Mating and uncertain/value of its of the ignorance and mendacity i WR
l m o ol . Lnf An f bn t?nl ha iLY 4 Z ^ t - • T_ : a.- T i 1 v‘ a T-' j •
»cle:
The issuing of money is an
material,-.but on the yalne that is exhibited through the entire
children down to the lowest gei/er-
3/r*. W. B. Hawkins, Prop'r.
........ Texa*,
»»*••••••<«••«•*
MTC.
L, i rri e i • ‘ •- * . i . 1 her.e is a power in money which ation ! It is another “IrreDressiblh everything p©wly furnished and ts&lr
m • r SSTS' ‘"fc 'mmei , ibum*, agency ckn resist, mere- ^ Conflict!” Onr mnsters S^lHSiafSSr^SWSa?
■•overeignty, and as such, ought, mue 1 impno\6cl by bei-ng ex- But specie payments were not j j through changes in its ouantitv : Street aud -London drnnkp.v with parties stopping, at this house wil’
not to be delegated to individuals changeable for paper, as is the reached in 1823 in England, as in-! fhpr no pnc,^aAt a f 1 .. : ... , ’ UD^e“ lliL Ireceive home comfort* and
' * 4- *11 case with onr orient ,mlr1 c:i L.nvini ai ini u’/ Ihere -is no engagement, national wealth and power, aud flushed mowr.
Jor to corporations. All money cas* ltn om i)iesent ^°Icl an(J S1H tended by the reel Bill. The peo- • ,i: • iMol , . • . * i ■ ... .. tjl . . . ■ ,
f , J . I . ., . } vprrnin '■ F,-prc nnn i ia ^4 4 V t. oF maividual, which is unaffected with a thousand victories shout
L should be issued bv the sovereign vei coin., ritery one prefers the pie could not stand the distress Uv H The nntn*«r,-0hD r ((n , , ,, ... ,, ... ..
t tlk X- ,r, ’ • I ftertificRtA fhe cnin a (t • i u Y * Aiie enterprises of com- “Ha! ha! But the God of justice
«, fM v.l«, «d, tlk. .11 fb«ka.in.v » In.L.rv .Tid .n.a.- V.rtp™ ^...,1. .0-1,|lb, ;; it!:r.'ufihi iJZ'i. fini-a FEED* STABLE
it must be redeemed. All money, es the Lank of \ehice-4 aside as a; subterfuges were resorted to, to u th« fi.onKnofirma ti1Q u r Y</ 1 te it- a W
whether metal or paper, must be myttl’Ion£ ^credited, and, deceive the people. First, retired egt and lowest amounts ^ m ^ an o - jus me as our In Connection.
Redeemed. That is wbat money ’!/'?,* kn<”,;D Rs th« ''15anko small note,ji were reisaiied and af-; mellt of debts and taxes/are aUaf/ appearedTii the ivaH amWsrthmr W' ® - Proprietor
fc. Lrtni tr thnt iS jeir imk ri / HtUeUD»^ “L off fected^'by] flic Uua.,tity:0f-m0ney in! rcvelrie,! As the caae oi Bel------\-
■behind ,t. Bat let ns not be mistak- W 1*1?- . 'dtle-man is. off. day of .promised resumption; and ci,,culatio-D. There-resides in mon- sharer/their kingdom passed PnDTFH nftffQP
notes were redeemed ill sums riot ey the most enbrmous power known away. Let the contest Jo on *11111 hll . flUUDli,
exceeding five pounds, af one time to man pj ,.,v„ _______I.,:.-' : i, . , . b i
.A. ^IXSt ClSbSS
The little'eic^n is.
en—let us not be misled bv terms, k&dly. It began as a War measure
Swapping dollars is no redemption. telL L It gradually grew into a
The first and primary redemption 1 £rPat bank, in 1423 it. became __7_>jr______
w money is receivability by the is- ctearing hpuse of the,.cmnmer- Thus matters haggled along for
suing power. It must be receiva-| cla^ w’or^* ^rom ^ia^ date and years, with Tio fair and open re- 1. ° ^ u °i ” 10“1&“uie Mte lo n
' from that circa instance it took' U i ■„» _.:,u P «>e 'nD*B aud wheels of commerce sky
in the iiatids of .the same person./:,'**'"".' *“ 1B,th^tid®/“ hu“an *rq new thinking, rea^^,. m us thestkr. r»or^.
Thl,c raffairs upon which all things must and talking as never before. Ibe^^v^T ,, ,A >IHK,,, sas axtomo, tbx
> t l L1 X n 1-1 1 n l A r\ tl» /-v I- lx aw ,> t ■% i L \ V." /{*.-• 4 ^uta 9 i * Y f '* I / a.',...* 1. W.O . • VI 111 4
rise or fall. It is as irresistible as -is a bow of hope in. the Western’ *»ntiiwrp»t c*»rn«r MUitM-y
. • . ■ . . .... ’ ’-j. /. ■ . ....
-bri StrtH-* Car Line running between Depot*
Mein the revenue* of the issuing ]«^ /r f'rCwW v‘Y
government. That is primal re- tne tine or J5ni}ko del (tii.o, or ■ In 1819, when Mr. Peels bill for f- ...t/. ,,, /■ f T w , . , UCU/IV CIIDIIICuCn TUDnilPUnilT
.......
i,. e 1C (r ^ ^ "ouhL tijrob^'-upon the ocean, or. the tread are now aiding, our sentinels on Good J loanl with Boon? by the Day
qf continental armies; and tliis Itheo'.uter walls to reach the., ear of • ^ ^*ek at reasonab?© rates.
•demption. A money so received circulating bank.
in-the United States and Great My opponent further says: / _ .
Britain has b$eu and is unifomdy ^ *ie ®tetenient that.it did busi-= never be fully enforced,
.good money. This primal redemp- ueisH who] - y oiiH credit, basis is ,., M'r. Lobbett said.:
tion is like a mao accepting his BiI:ipb’ h°t true. It possessed a Be/qre this bill caii lie carried
jyrn checks in payment of dues to ! of loO tud pro- iqto complete execution a million
himself when he transacts business. v*®'on waa hrhde by law for .the- ip- | of perspns.->at least must die of hun-
But there is a wider and more’gen- crease its capital to half a • mil.- gerv tliat it. never would ' lie. -com-
*ral redemption, which arises'from 'ducats in cash. pletery:;hn’rHe(i oii-t: ifud that,' if it - - , -----
the quality of legal tender. All f lhie is laughable. The editor were so;', Ite would, suffer Castle- ^rth(il(-v’ to brovent its study,The hy-a diserderetl liver, aud can be
perfect money is endowed with this! ^as got the maii>_^bank and its de- reagh to broil him hliye, whiles a5--1 — .....“l ' u
necessary quality; and when so en- Pos^ branch mixed.* The main Bidmoutli stirred, thq, coals atid
mighty forte is-.selLacting in all. the great Republic!■-' Let tho coli-
the largo and sina'll transactions of go on! The* ballot is our
men. This.is the concurrent tes- weapon! . .
timbny of the ablest writers. Such . ' 3 , ^ ' .*
a subject deseryCkaltention N„v. 'iZft
1 ^*v *
lowed, all men advertise their ea-
bank was entirely on a c^-dit basis, Canning stood by tc^nwke a test ef know if tho people /ePimv to
s' 9 . /■-'.*. understand, its import and i^s sim-
‘con-mumsm of capital” is array- relieved at^unce bv »thorough use of
ed in soiid:phalanx. The Shylocks Bergs’ mood l’lHifier and Blood Ma-'
ker. Sold aud warranted by Lay’s /
Drugstore. /• ^ ‘
l-te : ■ U-:/ ' ^ .-/" 'hv 1
R F SKREHOT,
,:V AT LAW
AH 1 Land A^rent,
L\. Tkxas.
QPIUH
WTAUwiU.6*. Offi
and WTilfflceyH&blt*
cured ®t home with-
out p*ln. Ik- .k of pap.
, ticulars sent FREE.
WOOLLEY,M.a
Office WhitetatU St.
1
1
9
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Donoghue, J. M. Halletsville Herald. (Hallettsville, Tex.), Vol. 21, No. 28, Ed. 1 Thursday, June 2, 1892, newspaper, June 2, 1892; Hallettsville, Texas. (https://texashistory.unt.edu/ark:/67531/metapth995526/m1/3/: accessed July 7, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Friench Simpson Memorial Library.