davidaulloa/AmericanStories huggingface dataset:
The Elk County advocate. [volume] (Ridgway, Pa.) 1868-1883, 1878-10-17

tied. NoLhing which men deal in as articles Oh
commerce and exchange has anyfvalue except
the value which human labor and muscle ana
energy nave put into IT. The value of that labor
and muscle Is for the people to measure, and not
the government The measure of value must
have value, and II must be the value conferred
by labor and muscle. This, s,tcoin has. The Re
publican party has given its pledge that the
representative of coin, paper money-whether
the money issued by a State bank, national
bank, or the government itself-shall be re-
deemable in the actual currency of the civilized
world "a currency which has intrinsic value,
which has cost labor and muscle and food to
produce. A paper dollar, as money, has no
value, except as 1t represents an actual thing
and is capable of redemption and conversion.
lat the reference to the "currency of the world''
the applause was of the warmest kind.
LET CURRENCY AGITATION STOP.
The Republican party invented the greenback,
and it has redeemed 1t from legal and financial
infamy, 1t intends that the laborer who re-
ceives 1t on Saturday night for hundred cents
shall be able on Monday morning to buy hum
The Elk County advocate. [volume] (Ridgway, Pa.) 1868-1883, 1878-10-17


But there is one reason more powerful than
all others which presents itself to the thought
full mind to deter any laboring man, mechanic,
manufacturer, or tradesman in the State of
Pennsylvania from assisting to reestablish the
Democratic party in power. Through all its
twisting and turning, its pandering to sordid
and base motives, and its cringing to power, the
Democratic party has been the consistent
enemy to the commercial and manufacturing
industries of the nation. 1t has never failed TO
The Elk County advocate. [volume] (Ridgway, Pa.) 1868-1883, 1878-10-17

obtained. Offers were made at rates running
up TO thirty-six per cent, and the Secretary of
the Treasury proposed 10 have the national
loans endorsed by the several States in order To
make them acceptable. This was some of the
very last Democratic inancieringi and it re-
quires no great boldness when contrasting with
the condition 10 assert that national economy
and reduced taxation call urgently for Republi.
The Elk County advocate. [volume] (Ridgway, Pa.) 1868-1883, 1878-10-17

20 Is"t,Veen Feb
ruary, I7I6. sIO, 600, 900 paper money was Is
sued ana made n ieGal-tender by Congress, and
The separate colon nies well In addition, tho
en- tire issue assigned % the colonies accord
Ing TO their population, and each colony was
pledged to retire its quota. This was really fiat
money, for no sooner did 1t fall below par-and
1t never fioated at par at all-than Congress
enacted that any one who should refuse TO re-
ceive the notes should be deemed and treated as
an enemy of his country. Men then, as now,
went about ma king speeches declaring that any
thing a nation called money must be money,
and as good as gold and silver. In spite of all
this, Continental currency ranged far below par
with coin. In January, 177T, 1t was found
necessary to reissue the Congressional tiat that
the notes were as good as gold, and that any per-
son refusing TO receive them such should for
felt the value of the money, or of the commodity
offered TO be purchased. STILL fat money would
| not pass for money at its face, and Congress
| went to the length of decreeing banishment from
the State as the penalty of refusing TO receive
| the notes.
AT the close of 1779 S2i1, 900, 600 of this fiat
4 money was in circulation. Some idea of its
| depreciation may be gathered from the fact
that 800 of IT would barely purchase barrel Of
-four in 177s and in 1779 it took $4,000 10 purchase
a pair of boots. And this was "legal- tender
sshat" money, based truly and only on the
acts of Congress, and redeemable nowhere and
| by nobody. The lesson is plain. That the ad-
vocates of fat money will see and heed the les
The Elk County advocate. [volume] (Ridgway, Pa.) 1868-1883, 1878-10-17

sducing rates of interest, down TO four per
ent., is a result Of Republican administration,
md Is more highly priced If compared with the |
of the last Democratic admins |
ration. Treasury notes were issued for Slo,-
,OO 600 In the winter of 1s6061 at rates ranging
from six to twelve per cent, and So, $50, 900 of
the gross amount commanded more than ten
per cent. There could have been more money
The Elk County advocate. [volume] (Ridgway, Pa.) 1868-1883, 1878-10-17

!, ezem j
. Per cent, rrc"s"rs notes. duo "e- 'n''A .
ccmber L. 1860, 81, 53G, .,
Z $40 Treasury hotcS' 'uo III i0"' M
and 1868, $50, Ooo, OC'
In addition to these there were debts due froIn |
the government, IN the form OF temporary loars
on ten days notice, and certificates of indebtes-
ness TO the amount of S155, 900, 900. The corr
notes were a legal-tender at their
face. They were paid out and for few months
circulated as currency, but the interest which
they bore soon caused them TO be taken ty
those who had money to invest, and to be he'd
as securities. Neither the five per cent. nor the
$40 notes, as have said, were legal-tender,
nor did they, except as before stated, answer tie
purposes of money.
THE BASELESS FABRIC OF A DREAM.
The fact that all of them were paid, or funded,
at or before maturity, without any complaints
of contraction, proves conclusively that what-
ever purposes they may have subserved in 1854
and the early part of 1866, they were so held,
long before they were retired, that their pay
ment or conversion into bonds in no manner
affected the money market. If, as is contended,
the payment or funding of these notes was con-
traction, how happened it that the contraction
was not felt or complained of while the process
was going on? How happened II that the tide
of speculation continued to sweep on, that
prices continued to advance, and extravaganza
to grow more and more wanton, until the crash
of 1873 awakened the country TO realization OF
the fact that what was supposed TO be pros
perIty was simply ''the baseless fabric" of "a
dream. There never was any contraction of
the currency until after the crisis had been
reached, and whatever reduction has taken
place since has been the result of business de-
preston. There is even now more money
gold, silver, Greenbacks and bank notes. in
the vaults of the banks, in the United States
Treasury and in circulation, than there was at
the close of the war, or at the end OF 1865. The
temporary loans of the government were paid,
The Elk County advocate. [volume] (Ridgway, Pa.) 1868-1883, 1878-10-17

be the tool of foreign Powers to.destroy Ameri-
can enterprise Under It's rule of the country,
Liverpool was of more Importance to the
United States than any of our own great cities,
and profited more by the labor and products of
The Elk County advocate. [volume] (Ridgway, Pa.) 1868-1883, 1878-10-17


Soft money does not find much favor in
New England. People are little too intelli-
gent there and they work for their money, sc
that they are anxious that it shall be of The very
best kind when they get 1t. In New Hamp-
shire the Democrats did not dare to go back
upon the Resumption act and had 10 adopt the
Republican platform on the money question.
But there was another good old Democratic prin-
ciple which they could safely shout over, SO
they went in with all their might for tariff for
revenue only, and denounced protection as the
monster that was depressing That is the
Democratic party all over. 1t is the chameleon
in politics. In this State IL is one of the
staunchest friends of protection, but once a
Democrat gets out of the State he puts this
principle in his pocket, and is careful not to
The Elk County advocate. [volume] (Ridgway, Pa.) 1868-1883, 1878-10-17

dred cents worth OF HOUR. IHe BreenD'oh' fe
viled and slandered and rejected by those who
hated the rebellion it suppressed, is to be re-
deemed and made good by the Republican party
The long and weary struggle is over-we have
paid the price of resumption, and now demand
the fruits of the sacrifice. Let there be no
more agitation of the currency question among
the people-no more tinkering at the currency
in Congress Its gradual appreciation In value
has led us naturally, in the reasonable course
of evenfs To a return to o settled and stable
The Elk County advocate. [volume] (Ridgway, Pa.) 1868-1883, 1878-10-17

Sf'.-ss'saS'f paper -
sues and resumption "a thousand limos what
they are sim the Gifth nation would
bid resort TO IL. There some who viii up
lold such a promise simply because 10 has been
made. They must vote with and for the party |
which gave 1t.
The refunding of the national debt, that
pfiu coupts nv hundreds of millions, at steadily
The Elk County advocate. [volume] (Ridgway, Pa.) 1868-1883, 1878-10-17

piso persons as mean and contemplate fel-
lows.
n SOUND CURRENCY.
What was it that made you regret the disap
pearance of coin money and the substitution otir
redeemable paper currency forit? Simply the in
stinctive feeling that when you had a gold dollar
! in your pocket you knew what you had. Bu
when you had an irredeemable paper dollar you
didn't. And that apprehension has been justi-
fled by subsequent events You may tell me
that for ten years after the first heavy emissions
of the paper legal-tender In 1868 you prospered
That is true; at least IL looked SO. But in 1873
the fearful day arrived when the balance
sheet was struck, and where were you then?
All of sudden the balloon burst, and we came
to the ground so heavily that our bones are still
aching And 1 repeat that this collapse was not
brought about by contraction of the paper
currency. 1 have sufficiently shown, by prov
ing with official figures, that for five years pre-
ceding the crash the currency had not been con-
tracted but steadily expanded, until in 1873
there were over fifty-six millions more of it out
than in 1869, and nearly thirty millions more
than in 1868.
FLAT MONEY.
We are gravely told by tiat money men that
this is a great country; it has some forty or
fifty billion dollars of property in it, and the
government of this great country puts its stamp
upon a piece of paper and thus makes it money;
then that money is based upon the whole wealth
of the country. This sounds magn1ficentIy,
but presently, when we have made that fiat
money plenty, we shall find that it depreciates,
and will depreciate more and more the greater
the quantity we issue, just as the greenbacksd did.
Nothing is more ridiculous than to hear these fiat
money doctors pretend to have made a great
original discovery and to parade it before us as
the most progressive idea of the age Why, it
is a story a thousand years old. They had such
money in China in the ninth century of this era.
They had 1t in Persia towards the close of the
thirteenth century. They had it in the Ameri-
can colonies in the seventeenth century in
the shape of bead and clam-shell cur
rency. They had 1t in France at the
The Elk County advocate. [volume] (Ridgway, Pa.) 1868-1883, 1878-10-17

no rceieeTn / 10 destroy It's life-glVin%
pr,nctpIe. Anybody kin ishoO money with gold
behind II to redeem it; yoor troo hnansecr Is h'
,vicb kin make money wich don't want re-
,iceuin. All yoo hev to do with this money Is
To keen IL movin. Yoo hump this bill onto your
leather merchant, and he'll hump 1t along on
somebody else and long eZ you think It's
dollar, why isn't it?"
He took it, tho n seemed TO me he wuzn't
convinst
We amt bothered with it at all, ez it amt
never TO be redeemed, except that when one bill
wears out, the holder kin come and git another
In its stead. We mite retire worn-out bill,
but ez that wood contract the currency we don't
think It the best thing to do. We want vol
ume NV currency afioat ekal to the demands NV
trade.
There wuz some trouble, for great many
farmers didn't want to take it, and Bascom
kicked somewhat. But we had remedy for
this The labrin populashen held meetin, and
In the sacred coz NV laber agin capitle notified
the people that any one which refoozed to take
the money at par wood be to-wunst hung.
Under this stimulus Bascom took 1t, but he i'm
meiitly advanced the price Nv ltkker to fifteen
cents, and n few hours after to twenty-five.
The Elk County advocate. [volume] (Ridgway, Pa.) 1868-1883, 1878-10-17

or converted into five-twenty bonds as they
matured, without prejudice TO anybody, and
The Elk County advocate. [volume] (Ridgway, Pa.) 1868-1883, 1878-10-17

p,ople, who gathered there by millions, and
who, thanks the general principles OF the
protective system, presented To foreign
asked, ''Whcre are the people, the artisans,
The pdySdHS, the labOrerS?'' This exhibit O
the developed resources OF our country, of the
skill and attainments of our people, of the in-
fluence of self-government upon the social habits
of a people, was the crowning glory of the first
century of our history.
A FALLACY EXPOSED.
The theory he attempts to enforce is false. Il
is that duty imposed upon any article is, as L
have already said, not only added TO the price
of that article when imported, but adds itself to
every like article produced in the country
of consumption. Now, if this proposition be
true, /, in common with most of my country
men, am like the client who cried in court be-
cause he had not known how badly he had been
injured until he heard his counsel state the case.
If this theory be correct, which deny, our farm
ers have been robbing and plundering me and
all other dwelers in cities and towns until it is
no wonder we are poor and depressed. have
prepared a table showing the amount of wheat.
country in 1877, the amount exported, and the
rates of duty oD each, and the amount of tax
imposed on the country at large by the farmers,
if 1t be true that the import duty increases the
price not only upon the imported article but
upon the product of the country. On wheat
alone they stole $50, 591, 2l2 so from us. Did you
know that? Upon barley, IS, l62, ,OSO SC; on rye,
81, ,9S7, 800; potatoes, S21, $40, 552 so; OATS
4O 2l4, 5S7 20; and corn s126, 6S9, 94S 20; max
ing in all 1886, 465, ,6Sl 35-enough to have paid
the duty on all the assaf@tida taken by farmers
wives since the country was first settled, and
upon the annual consumption of all the articles
the chairman of the commit ee supposed sgd
ney Smiths farmer was going forth to pur-
chase.
GENERAL CONSIDERATIONS.
A tariff is not matter of inspiration. 1t is
a thing of slow growth and of adaptation to the
extent, resources, and development of a coun-
The Elk County advocate. [volume] (Ridgway, Pa.) 1868-1883, 1878-10-17

the question; have not examfTch Tchampioneu-'
tiles to tile ruling o: the Chair, :, examined
prepared TO say what my judgmeL SShe author
| regard to that ruling. ''-See Rec ~ am not
Certainly grave position oil u" Ra De IN
The Democratic Lieutenant aovern5ruty fol
the bill out of order, and the d oate wbjcs
lowed is said to have bejen the most exhaDs,,i oil
discus sion of a parliarhenta Question which
has occurred in the Senate iszSenty years at
| least. The two speeches In favor of consider
ing the bill and against the ruling of the Chair
made by Senator Stone, are models of clear and
vigorous argument and exhaustive research.
Senator Fertig took no part in the debate, but
contented himself with signing the appeal after
the Senate had adjourned. In the House all the
four members from Senator Dill 8 district voted
against the Free Pipe bill. Had the ''Cham-
pion" no influence with them? Will some one
point us out in this record the evidence of cham
pionship or even jealous support by either
Democratic Senators?
In this connection it might be instructive to
recall the course of Senator Dill on the Free
Pipe bill of 1875, as given in the Philadelphia
Press of September "a, 1878, as follows:
'sOn the 23d of February, 1875, Senate bill Sc,
known as the Free Pipe bill, came up on
second reading in the Senate. On a dilatory
motion committing the bill to the Finance
Committee of the Senate, Senator Andrew III.
Dill voted in the Affirmative, and the bill was
so committed. On the Sd of March the bill was
reported from Finance Committee, and on the
following day, March 4, it was defeated, the
record showing that Senator Andrew II. Dill
lodged -
1t would also be satisfactory to many to know
with certainty where John Fertig stood on that
question in 1875. Did he sign the remonstrance
against the bill? Let him answer and, not get
one to answer for him.
The eAnti-discrimination bill passed the Senate
without word of debate. How, then, was it
''championed by Mr.. Dill with great power?''
1t was drawn up by the attorney of the Pro-
ducers' Union, printed by them, and the copy
introduced by Senator Fertig was the printed
The Elk County advocate. [volume] (Ridgway, Pa.) 1868-1883, 1878-10-17

condition, and has saved the jar and destruc-
tion of a sudden collapse. The credit OF the gov
ernment is restored and the credit of business
men, dealing one with another, is not measured
by the credit or discredit in which the govern
ment itself stands. We resume our production,
our trade and our traffic according to usage ana
the maxims to which we are accustomed.
WHAT REPUBLICANIsM HAS ACHIEVED.
will not argue, fellow-citizens, how the
The Meridional. (Abbeville, La.) 1856-1906, 1878-06-08
"A LETTER FROM PARIS.
PARIS, France, May 7, 7S.
Capt. F. Feray,
LLor:llo

Abbeville, La.
MY DEAR sIR.-Your estimable
note addressed to my father re-
questing me to keep our people
posted in regard to my tour
through Europe has been forward
ed to me, and in acknowledgment
of the compliment l take pleasure
in complying with same to the
best of by ability. After having
spent FIVE weeks in several cities
in the United States, during which
time | visited New Orleans, (du-
ring Mardi.G Grass. Shreveport,
jefferson, Texas, Memphis, Tenn,
Cincinnati, Washington and New
York. l set sail on the 18th of
April on board the steamer City
of Richmond, Inman line for Liv.
erpool. Scarcely any thing
worthy of note transpired during
our voyage across the broad At
lantic only that we encountered
very severe weather, such as had
not been experienced by cur cap.
tain for the last three years. For
FIVE consecutive days a storm was
continually raging, but due to the
s~taunchness Of our ship and the
The Meridional. (Abbeville, La.) 1856-1906, 1878-06-08
JUDICIAL NOTICES

STATE Of Louisiana - Parish
Court-Parish of Vermilion
299.
Succession Of George Faulk.
Application Of Benjamin Faulk.
Whereas said applicant has
fled in the Office Of the clerk OF
said Court, a petition praying to
appointed administrator Of the
aforesaid succession:
Now, therefore. notice is here.
by given to all whom it may con:
Germ, or those interested therein,
to make opposition, and also to
give their reasons. if any they
have, why said petitioners prayer
should not be granted by filing the
same in writing in the Office of the
clerk of Court within ten days
from the date of the present
notice.
Given under my official signature
at Office, in the town of Able.
vile. this 18th day Of May A,
D. 1878.
LAsTIE BRoUsSARD,
Clerk.
The Meridional. (Abbeville, La.) 1856-1906, 1878-06-08
The LABORATORY OF THE Sys-

The LABORATORY OF THE Sys-
TEM.-The stomach is the laboratory of
the system, in which certain mysterious
processes are constantly going on. These
result in the production of that wonder
full vivifyipg agent the blood, which in .
state of health rushes laden with elements
of vitality to the remotest parts of the
system. But when the stomach is semi
paralyzed by dyspepsia, blood manufac
ture is carried on imperfectly. the circu.
lation grows thin and sluggish, aud the
system suffers in consequence. More-
over. indigestion reacts upon the liver
and bowels, rendering the first sluggish
and the latter cons,ipated. The brain
also suffers by sympathy. and sick head
aches. sleeplessness and nervous symp-
toms are engendered. Hostetter's Stom-
ach Bitters reforms this state of things.
gives permanent tone and regularity to
to the stou ach and its associate organs,
the bowels and liver. and ensures com
plete nourishment and increased vigor OF
the system. 1t is the most popular az
we'll as the most efficient anti-dyspeptic
aud tonic in America,
The Meridional. (Abbeville, La.) 1856-1906, 1878-06-08
DOBBINS' ELECTRIC SOAP.

Having obtained the agency Of
this celebrated soap for Abbeville
and vicinity, l append the opin-
ion of some of our best people as
to its merits. We have been
using for the last months the
Dobbins' Electric soap, made hs
I. l.. Cragin & Co Philadelphia.
Pa, and find that it washes and
cleans the clothes more rapidly
and more thoroughly and Is in
the end cheaper than any other
soap we have ever used in our
family. We can heartily recon.
mend it and a single trial will
convience all of the correctness OF
our assertions. H..,e -.
VIM. MoUToN.
E.. /. ADDISON.
ARCHIE YOUNG.
I desire all my friends and Gus
toners to give this splendid soap
one trial SO they may know just
how good the best soap in the
U. S. is. Give it a trial and !
am sure you will use no other.
A. D. MARTIN,
Abbeville, La. Sole Agent.
The Meridional. (Abbeville, La.) 1856-1906, 1878-06-08
A OF LOUISIANA,
Parish of Vermilion.
Parish Court.
No zoo

Succession of Ursule Meaux.
Notice is hereby given to all
parties interested in the succession
of Ursule Meaux, or having
any opposition to the applica.
ton of Onezime Meaux to be ap.
pointed administrator of the said
succession to file the same in writ.
ing in the Office of the clerk OF
Court at the court house in ten
DAYS from the date hereof.
Given under my hand and seal
this 4th day of May, 1878.
LAsT1E BRoussARD, Clerk.
The Meridional. (Abbeville, La.) 1856-1906, 1878-06-08
WIN. MOUToN.
E. /. ADDISON.
ARCHIE Young.
Lost.

By the undersigned Celestine
Touchet, widow Theodule Guidry,
Military Warrant No S0,559.
I, Celestine Touchet, hereby
caution the public, not to trade
barter or negotiate Military
Warrant No SO,559, said warrant
being my property ; my intention
being to apply, to the Hon.
Commissioner of Patents at Wash
ington, D. c., for a duplicate o.
the same.
CELEsTINE ToUCHET.
Widow Theodule Guidry.
June 9,78
The Meridional. (Abbeville, La.) 1856-1906, 1878-06-08

We publish this week, a cores
pondence from Mr.. Isaac Wise,
dated from Paris, France. All
our readers knowing the intelli.
gence of our young townsman and
fellow citizen, will be delight.
ed at its perusal, and those Of our
young growing generation, who
will keep this letter in their scrap
book, will have a piece Of History
one hundred years hence. 1t is q
master piece Of information, for the
present and for the future. Mr.
Wise is precise in his remark;
and concise in the delineations he
gives.
The Meridional. (Abbeville, La.) 1856-1906, 1878-06-08
FOR SALE.

A plantation is offered for sale near the
town of Abbeville, containing 6 arpents
front by 40 deep, and on which are about
Is arpents OF woodland, and fronting on
the Bayou Vermilion. dwelling house and
other out houses. fencing, DC. Price.
SO 600, ene-half cash, balance, one, TWO
and three years,
Also q splendid residence ia the town
of Abbeville Price, $1,000, one-half cash,
balance on terms. FOR iurtber parlicu-
lars apply at this Office.
June s, '75.
The Meridional. (Abbeville, La.) 1856-1906, 1878-06-08

The MER1D1oNAL, is published weekly
in English ard French, at two dollars
and fifty cents per annum payable in
advance.
Advertisements will be inserted at s1.0O
per square OF ten lines, or less, for each
insertion.
Advertisements published in English
and French will be charged for both Ian
gusges. -,
No advertisement will be inserted for
less than two dollars and fifty cents.
PAYMENT of all advertisements is con-
sidered due Immediately after their first
publication.
Advertisements not marked with the
number Of insertions required, will be
published until otherwise ordered, and
charged for accordingly.
TEN dollars in advance is required fol
announcing candidates for Office; ano
election tickets or other job-wofk mus
be paid for on delivery.