Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1891-08-27

sxys Exchange, WAsHISGTos, D. e.
The total mileage Of railroads Ia In
Uni I'd Seates IA igg, -i7-up To the clos
Of I-gD-~hile the total mileage ~ al
Enro,e +. but I54.7l- American mile
aye vas lnefeAsl..- 10 IA by : i3s nile
Of Gsw road
II il reported that Russian landed II
New York lss. week who claims 10 hAY'
A machine tina. will beat the Kelley mo
tor. which claim l. not by any means sf
ureposterou. ~ might seem that Ia I
he has any machine at all.
II .he does her duty by Major Nc
Kinl.y Ohio will give him i majority o.
5000 at the very least. That u Eh'
kind Of condemnation the grand old stats
shoald pass upon the BouTbons and thet'
,mpudent demand for free silver, 'ret
trade and fee whiskey.
Amid the multitude Of congresses Of
all sorts and descriptions to be held in
Chicago during the Worlds Fair the
Newspaper men will not be forgotten
Arrangements are now being made for a
convention Of editors OF all countries To
consider topics Of Interest and benefit In
the development Of the newspaper OF the
future.
The fact that the circulation Of the
national banks has increased 50 ,OOo,Ub
since July 10 will cause general surprise
and the increase will he regarded with
satisfaction by all those who are In favor
OF the expansion OF sound currency
The increase IA due to the extension oil
the four and.a.half per cent bonds held
As security for bank circulation.
Secretary Rusk j. slashiDg the so
called farmers alliance" right and left
Hi, latest feat In manufacturing rain
leads them by long distance. Repub-
licsn rain. scientifically produced and
regulated, Ia better for growing crops
than the copious ready print speeches Of
IL fer and sock esq Simpson, The p7-
llticnI party that has practical eontrol OF
the clouds IA not going to be ignored in
thi. land OF gardens and wheat fields.
Notwithstanding the heavy reduction
last week, Of over 81 800 600 in the cash
reserves Of the New York city banks,
cnused principally by the demands "'
the West for currency to move the crops
the reserve still stands above $1,000,
900. There ia no danger Of tight money.
The nited States treasury will be com
pelled to pay out over SO, 900 600 early
IN September to redeem ! Z per cent.
bonds; and little later imports OF gold
may be looked for.
The indianapolis Journal ia of the
opinion that ak months hence We shall
hear absolutely nothing about the scar
city Of currency. There ia abundance
OF money In the country, the circulation
per capita being larger than ever before
oua coin basis but 1t has been locked
up. The immens" crops will bring 1t
out and put it in circulation. The result
will he great activity In trade and pros
porous times. witifprohably an advance
In real estate and stocks of all kind.
The Democratic platform, said MAJ
Mckinley Ia his great speech at the open
Ing II the Ohio campaign. declares for
the free and unlimited coinage OF silver
Of the world. The Republican platform
stands In opposition to anything short
OF a full and complete dollar, and APP
proves of the legislation Of the last Con
gress. which isa mighty bulwsrk for the
protection OF silver" 1t will not take
the working man long to decide which
dollar he wants, the Republican dollar
which ia a dollar. or the Democratic dol
lar which IA not a dollar.
The prosperity Of her manufacturing
interests Is the pride Of Massachusetts,.
The annual report Of the Bureau OF
Statistics of Labor shows the amount
u capital Invested in 1870 70 he S|9l,
200 300. which i an increase over l~>H
of $50 S1n,S5i The leading manufac-
turing industry Is cotton goods. which
represents An investment Of Sis, t14,-
900, then comes boots and shoes, 81 =
JJl 600; wooden goods, sl5 100000
metals and metallic goods, SIS, 1913, 600
machines and machinery, 81, S2i 900.
The old Bay State has been very enter
prising In the past in pushing her manu-
featuring Industries, and our protective
system has enabled the enterprise of her
citizens 10 be effective
The state OF Georgia has passed new
law which prohibits the sale Of liquors
within three miles of = church or school
house. except in Incorporated cities aud
towns. A this practically drives the
saloons out OF the settled rural districts
the question has naturally been asked
why the law was not made To cover all
the state not Included In corporate Limits
A law which Is good for the residents
OF rural districts must be good also for
residents OF cities; and II Is strange
condition Of affairs in Georgia which
makes this discrimination, II prohibi
ton Ia good for the land about meeting
houses and schoolhouses In the country
IL must be equally desirable for the
stmos phere about churches and school
houses In populous towns But The
Georgia idea of prohibition is past dud
ing out.
The American Wool Reporter. 4 trade
Journal which WAS not an advocate oi
the Mckinley bill. says there is lin,
of ladies' fast black. ribbed, seamless:
hosiery made in Philadelphia which i.
said to defy competition All yes,
SAYS the free-;rader. but this cheapness
is secured at the expense of quality
Read what the Wool Reporter says The
aim of the domestic maker IL toward
higher grade Of goods. and mills ar
gradually giving up the manufacture Of
trash and are striving TO improve the
quality of their production. There wa;
never season when the consumer could
yet SO much value for his money As the
one through VIII Oh we are now passing
and it Is fair to suppose that the comias
season will witness Vet more progress
in this direction The truth of the
matter Is, the free-trsde predictions OF