davidaulloa/AmericanStories huggingface dataset:
The Republican. [volume] (Oakland, Md.) 1877-current, 1891-05-29
Then and Now.
Deputy Collector.

10 the Editor OF Inc RepuDllcdn.
Will you please allow me space in
your paper for this short article.
After the disgracefuI proceedings
of last Saturday night and Sunday l
could not help contrasting the quiet
of our town during the six years Of
local option with the few short
mouths that have passed since the
saloon has again made its appear
ance, and ask who is the cause of this
great change.
The effects of tho change are not
only felt i'll the moral, but in the
social ana business atmospheres.
During local option our town was
not disgraced by rowdyism. and an
arrest was hardly ever heard of.
Our wives and daughters could
without fear of being insulted, go
upon the streets, and when we re-
tired to rest, no cursing and yelling
disturbed our sIumbers.
Business was not delayed or pre-.
vented but on the contrary our bu-l-
ness men tell us that trade was more
active during local option than it was
before or has oeen since. The BUSH
ness with the hotels, boarding-houses
and house.renters was greatly in
creased during the six years of closed
saloons, but now am informed that
houses can not or have not been
rented for the season. The farmers
who do their trading in Oakland
would attend strictly to business and
90 home sober; now It is almost i'm
possible to see many leave town ex
cept in a drunken condition.
But, Mr.. E lltor. who and what
caused the great change? l answer
first, it is the saloons that are open
in our town where those who are so
inclined can enter at will and drink
all they have money to pay for. and
those WHO have. for the sake of the
money it brings to them, voluntarily
set about destroying the lives and
souls of their victims and the COM
tort and happiness of the drunkards
family. Those also. l believe. are
responsible who recommend the sa'
loon keepers for license. and those
who become their bondsmen. The
responsibility does not, l think, rest
here entirely. Those who framed
the bill and voted in the Legislature
for a re.submission of the liquor
question. Those also who voted for
license are as guilty as the one who
sells the whiskey. Paul says that
although he did not stone Stephen,
still he was present and therefore. by
countenancing the murder. he Was
equally guilty. II l give to friend
a revolver which know he will use
in the taking of human life. the
law declares I am an accessory and
am accordingly punished. The peo-
pie of this county, by their votes.
have placed in the hands of the sa-
loon.keeper that which kills both
soul and body, and every hraWl and
death, and heart-ache and tear caused
by LIQUOR is chargeahle to those who
voted for license as we'll as those who
sell the stuff" "Woe unto him
that giveth his neighbour drink. that
pultelh the bottle to him, and maxi
eth him drunken n the cup
of the Lord's right hand shall be
turned unto thee, and shameful speW.
ing shall be on thy glory."-B!ble.
J. ED KILDOW.
O0kI0nd. Md.
The Republican. [volume] (Oakland, Md.) 1877-current, 1891-05-29
Deaths.

HAsLAM.-At her parents resi-
dence. 1898 Both street, Washington
city. Matte McC.. beloved daughter
of Joseph and Lizzie A. Haslam,
aged Is years, l month and % days.
Services were held in st. Johns
church, Georgetown interment in
Congressional Cemetery, IA tn inst.
The Republican. [volume] (Oakland, Md.) 1877-current, 1891-05-29
IfYou Have a Triiing Cough

Don't neg ect 1t. Use Rogers Specific Cough
Cure. Price 25c.
For Sprains, urns. Bruises, Collie
ChneriI AIuruuS. DC, uSt SPECIFIC LlnIlneut.
Roger Cocain lie Remedy has no
equal
pleasant.
Frangipan Curative Balm. Indispen
sible Tor the ladies toilet
You will fndthe above at A. g. Sturgiss.
Drug store and Country Stores.
The Republican. [volume] (Oakland, Md.) 1877-current, 1891-05-29
Marriage Licenses,

Charles o. Stearns and Georgiana
G. Savage.
Isaac N. Shillenburg and Jennie
M. Riley.
Orval G. Savage and, Fannie v.
Friend.
Jacob E. Anvil and Virginia G..
Marsh.
Cornelius P. Shay and Jeanette
Munson.
The Republican. [volume] (Oakland, Md.) 1877-current, 1891-05-29

sons chapel. May 4. 1891. Mr.. Benz.
Campbell to Miss Berthe Phillips, by
the Rev. ]. N Sharp.
STEARNs-SA the resi-
dpnce of the brides parents. by the
Rev. J. N. Sharp. May 20. 1891. Mr..
Charles Oliver Stearns Of New
Hampshire. TO Miss Georgiana G.
Savage. of this county.
PoLEMAN-GLoTFELTY.-May3 80,
at the brides home,in Maryland, by
Rev. J. NJ. Evans, Charles A. Pole
man and Annie V. Gotfelty, young.
est daughter of Israel Glotfelty, both
of Garrett county.
Trinity Reformed church. a neat
little temple of worship in the noun
tains of New Germany, was the scene
of an unusually pretty wedding last
Wednesday afternoon. The high
contracting parties were Mr.. WIhiaiN
T. SigIer. of Westernpurt, Md, and
Miss Maria Warwick, Of the above
named place.
Miss Ella Turney, an accomplished
musician of Addison. Pa, after being
escorted to the organ by Mr.. E. H.
McMiilen. of Accident, Nd, played
MendeIsshon's wedding march.
While the pleasing strains of music
rose and fell, filling the waiting con.
gregatiOn with eager expectancy, the
doors quietly opened and the bridal
party entered. In perfect step to the
music. slowly and impressiveIy they
moved up the aisle. FIRST came the
ushers. Mr.. G. J. Otto and Jac'b
Bender. The attendants next and in
the following order: Miss Sigier, of
Westernport. sister of the groom. at
tended by Mr.. Floyd Warwick,
brother of the bride; Miss Carrie
Michael. of Firm Rock, Md. attend
ed by Mr.. T. j. Orndof. of Western
port, Md, and Miss Tena Warwick.
sister of the bride, attended by Mr..
w. G. Miller, of Lonac0ning. Md.
Next. the bride aud groom. The
bride was tastily attired in cream
satin dress and train, draped in gauze
with bridal veil. She wore white
kid gloves and white Kid slippers
aud carried a bouquet of natural flow
ers. The bridesmaids were all dressed
in cream and wore white kid gloves
and carried bouquets of natural flow
erS. The gentlemen wore black and
kid gloves of one shade.
The bride and groom were met at
the .chuncel rail under a beautiful
arch of evergreen and flowers. by
Rev. J. M. Evans. the BRIDES pastor.
Amid subdued strains from the organ
the marriage service of the Returned
Church was soIemnized and distinctly
spoken, that made the happy pair
one.
The scene was enhanced by closing
the shutters and Illuminating the
church by lamplight.
The ceremony was witnessed by
select and attentive aud fence of over
$50 guests.
The reception at the house of the
bride was brilliant affair and was
attended by seventy.five guests. The
MAGNETIC mt supper, amid flowers,
social converse, laughter and music,
was an occasion not soon to be for.
gotten.
The presents-well, they were
many and fine. China tea set. one
hundred dollars in gold, table linen.
bed. room suits. silver ware and
many other beautiful and costly
things.
Thursday morning the wedding
party left for Westernport, Nd, the
future home of the bride. A large
reception awaited the newly married
couple in their new home, hand.
somely furnished. where the will be.
gin housek eeping at once.
May the continuation of their wed.
ded life he as joyous and happy as
their entrance into it.
The Republican. [volume] (Oakland, Md.) 1877-current, 1891-05-29
APPEAL NOTICE.

Notice is hereby give, 10 the tax payers OF
the town 0t OAK land that the town Council
will be in session on
Monday June I 1891,
between the hours of 2 o'clock and p. M.
and 7 and 9p. M, for the purpose OF hearing
appeals against assessments.
j. w. HART, Clerk.
The Republican. [volume] (Oakland, Md.) 1877-current, 1891-05-29
FRIDAY, MAY 90. 1891,
POLITICAL ANNOUNCEMENTS.

The following rates for announcements
will he cha ged and must be paid prior to the
first insertion OF the same:
States Attorney. S.; Sheriff, "a; County
Commissioners, $3.50; Judge OF Orphans
Court, 50.
The Republican. [volume] (Oakland, Md.) 1877-current, 1891-05-29

Correspondents must enclose full name and
ddress not necessarily for publication, hut
sn private guarantee Of good faith. Reject
d communications will not he returned.
The Republican. [volume] (Oakland, Md.) 1877-current, 1891-05-29
ORDER MIST.

In the matter Of the sale of the real estate as
sessed upon the Assessment Books of the
County Commissioners OF Garrett County,
Md, to the name OF Joseph L. Osbourn,
made by Ross Compton late County Trea-
surer OF said county, on the 18th day of
April 1891. for state and County taxes Tor
the years l. g. and 1888.
No. 81 Trials July Term 1891. In the Circuit
Court for Garrett County.
Upon the afnregoing report and AFFIDAVIT 1t
is ordered by the Circuit Court for Garrett
County this 18th day of May 1891, that the sale
of the property mentioned and descrined In
these proceedings, made and reported by Ross
Compton, late County Treasurer aforesaid, he
ratified and confirmed, unless cause to the
contrary thereof be shown on or before the
18th day of June next; provided a copy OF
this order be inserted in some newspaper
published in the town of Oak in said
county, once in each of three successive weeks
before the said 10Th day OF June next.
H. W. HOFFMAN,.
True copy-Test:
+. 2. Tower, Clerk.
The Republican. [volume] (Oakland, Md.) 1877-current, 1891-05-29
Oakland, Md, April q, 1891.

thereby announce myself a candidate for
the Office of Sheriff for Garrett County, sub
iect to the decision of the Republican Nomi-
mating Convention, and solicit the endorse
ment Of my friends.
GEORGE D. WHITE,
District No. 7.
Oakland, Md, April Is, 1891.
The Republican. [volume] (Oakland, Md.) 1877-current, 1891-05-29
TERMS OF ADVERTISING.

FIRST insertion, 81 per square Of ten lines
scents per square for each additional ms err
ton. Special contracts for advertising longer
than three months.
The Republican. [volume] (Oakland, Md.) 1877-current, 1891-05-29
FOR SHERIFF.

By request Of nv friends announce my
self as n candidate 'or Sheriff Of1arre't coun-
~. subject to the decision of the Republican
nominating convention.
JACOB STANLEY MEYERS,
District No. 2.
Selby sport Nd, April Is, 1891.
The Republican. [volume] (Oakland, Md.) 1877-current, 1891-05-29
BENZ. H. SINCELL,
E1itOr and Proprietor.
TERMS OF SUBSCRIPTION.

One copy, one 50
INVARIABLY IN ADVANCE.
The Republican. [volume] (Oakland, Md.) 1877-current, 1891-05-29

Thereby announce myself a candidate for
the office OfSheriff for Garrett County subject
to the decision of the Republican nominating
convention.
JOHN o. MICHAELS,
"Cheap John"
District No. Z.
Oakland, Md, April q. 1891.
The Republican. [volume] (Oakland, Md.) 1877-current, 1891-05-29

Five marriage licenses were issued
this week.
Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1891-07-09
STILL HIGHER.
A DULL MARKET BUT PRICES
CONTINUE TO ADVANCE.
Wheat Is Active and Advances in Price.
Cotton Holds Its Own-Exchange
Continues Weak.
Commercial Resume.

Special 70 tho Gazette.
New YORK, July S-Noney closed easy
at 2 per cent, the only rate Of the day.
Exchange-Closed weak al posted rates,
81 s5lI(d4 ST.
Silver-s1 Oh.
Hides-Steady. Buenos Ayres, dry, 1870
1876. Dry Texas, 12(0l3c.
Sugar-Raw and refined dull, and IN
changed.
Wheat-Options We're moderately active
ana firm on higher cables and rains in the
West. Prices closed &c higher. Spot lots
firm.
Wool-In fair demand and steady. Spring
Texas, l7@2lc.
Cotton-Spot lots quiet. Mid uplands,
sac Futures closed easy
Cofee-Spot lots steady Fair Rio car
goes, 1879 Futures steady.
StOcks-EXtremely dull today, only 81
474 shares changing hands. Trading was
confined to very few stocks. Most of the
business in bonds was in ST. Paul, Burning
ton, Louisville and Nashville and Chicago
gas.
Closing prices, Notwithstanding the stag
nation, were generally d to IA points
Atchison 829I.
..sslhc dry gOOus market shows no signs of
afrvival. and dealers say they do not look for
any movement until fall.
Bonds quiet.
Denver, Texas and Fort Worth certif-
Gates, -.
Fort Worth and Denver Is, 99l<.
Atchlson general mortgage As, 1o14.
Aichison incomes, IS.
Missouri, Kansas and Texas rs. 3S$I
Missouri, Kansas and Texas Is, 49,.
St. Louis, Arkansas and Texas Is, 10.
Texas and Pacific Is, S6is.
Texas and Pacific rs, 81
Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1891-07-09

Other Produce and Provision Markets.

ST LOUIS. Mo, July S--WheJt-Intiuences
and news this morning again iaForea me oult>,
hut after selling i3Q &C higher, the early
strength oozed out and prices s"tsed ana ne
markst ruled nervous aud unsettled IL the
last fifteen minutes bidding. however, q Ermer
tone prevailed and the close Vas sieaC y, a.
better than yesterday. No Rd. Gosh. SO
July, sc asked, august, ~ &c bid: StpltA-
Der, 81. = bid; December. - - h!d.
! Corn-T'he quick, upward Jump N me pre-
this morning that put September &c above
yesterdays close. IVES soon lost Afterwards,
the squirt being too violent 10 be Inantaiued
the market gradually declined 4s@2se below
yesterday. No, cash, 90, U.s. &C; july. o4tc;
September, 5G75oIsc; year, 100 1sSed.
0ats-Tr;ading very lFht. No :, cash SSe'
July. :}ic: August. sc bid.
Corurneai-SiS;;dv - 1903 10.
WHISKY Steady, 81 ~.
PToyisosa easier tse!ng was maaifS5t
ness OF sellers 10 make concessions.
Iard-Prime steam, IS 90
Dry salt meats-Shoulders. boxed, s. "a
longs. 81 -; ribs. 81 Sg6 -, short clear.
Bacon-Boxed shoulders. ~ SO, 62i5; longs
s. 81: ribs. s. glG5 10 short clear. 81 IL.
NEW ORLEANS. Ia. July s-Conee-Duli.
Rio. ord nary - fair lSdi'c.
Sugar and mulasseS. nominal
CHICAGO. Ill. July s-Therc was bulish
feeling in the wheat pit ~ the opening tbs
morning. and prices were up. Later there wax
q break OF about 90, buI the market recovered
Corn was strong and hiG her during the earlt
part Of the session. but later the market dl'
cl.ned, ana September closed - down,
PORK closed 70 down.
Lard closed with a loss FOR The day Of l5c, and
ribs O! iUd l2;.c-
Leading futures closed rs follows.
Whcat--,Iuly. e2i &c, August 50. September
Corn-July, 565.c; August. SIG; Septeu oer.
Pork-Septembcr. $40 30: October SO 10
Lard-S"ptemDcr.S g - :; October, - ~
Short ribs - September, 81 2sil, October.
IS 81
Cash quotations,
Spring wheat! a.s9Sisc.
Cora--NO. 9, t0i4C.
Pork-slo l2la4lO 10.
Lard-S6 H.
short rihs-S!dos. S. O:y5sG 10
Dry sailed meatS-Shoudcrs- 81 lO15 Is,
short clear sides, 81 1895 d.
KANSAS CITY. No. July S-Wheat-Strong
and higher. No. red. ca n S3c.
Corn-Active ana higher No. ., cash, 55'ic
bid.
Pork-Boxed, 'iO.
Dry salt rneats.Boxed shoulders, s. e.;
short ribs. sides. &c ~; long clear sides, 81 -;
short clear, sides, 81 20.
Breakfast baCou-3S -.
Refined lard-25 ~.
NEW YORK July s.-Wheat-Spots active
and frmer; No. =, red, 81 Oj5zQi O4;s Options
up; July, 81 Oi7. September, g73ic; December,
9aIsc.
Corn-Spcts irmer and quiet No. . 5lQ,7er.
Options dull and lower; July, csc; September,
6U1.c: December, $3.50.
CofYee-Options steady: 5aiO points down
Sales, ALSO bags including July sl6 t5sftl5 %;
September, SIf $50 Is U5 December, sl3 5VGlS g..
Spot Rio quiet and steady, lSz4c.
Surar-Raw. more active and lower, closing
steady; fair refining. 2hc: oentritugals, 5-tes!.
3 5-ioc; sales. SO hhds; MuscOrado, Setest q.
az i5i6c; sales. 800 bags: centrifugal, 9s-test,
5-l6c: sales 1880 bags; Tnola sses sugar S7-tes-
25:c; refined dun al unchanged
Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1891-07-09
molishinr the engine and cars and seattle,

molishing the engine and cars, and scatter
ing the wheat over the ground. The cars
had probably become detached from an
other train. The train was on 4 down
grade, and was running at good speed. The
engineer and fireman both jumped. sustain
ing severe injuries. Engineer Dewey break
ing leg, and the fireman was severely
bruised internally The head brakeman
was also severely hurt, but all will recover.
4 track was laid around the wreck and
trains were not delayed but few hours.
brakeman had his hand mashed last
night here while coupling cars at the ele-
NatOr.
Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1891-07-09
Governments, Stocks and Bonds.

New YORK. July s.-The dullness con-
tiuued to increase to-day and trading was
almost entirely devoid of feature The
movement in only few stocks possessed any
significance whatever. There was CON
scqLcntly no tendency III either direction
among prices, and fluctuations were per-
cePtible only in leading shares. Trading,
such rs it was, was entirely local. The
market finally closed extremely dull but
firm, generally AZ small gains for the day,
the list slowing no material change in any
thing.
Railroad, governments and state bonds
entirely neglected.
Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1891-07-09
THE WEEK.

Raws unchanged. Refined advanced Lice.
Receipts, 40,315 tons-an increase of I'LL
tons. Meetings. %, 900 tons. Importers
stock, 63, eo2 tons-a decrease of GO tons.
Total stock. 1869 tons-an increase of
S315 tons. Total stock in al the principal
countries, by latest uneven dates, is 1900
$50 tons, against 1.020, 54l tons last year at
same uneven dates.
RAwS.
The good demand continued during the
early part of the week and a few cargoes
were placed at Lice advance, say at 7-16c
for 96 dogs. centrifugals; but refiners, hav-
ing secured fair supply ar 99se, are not.
Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1891-07-09

at present, inclined to bid the market up,
SO that present indications are of no further
pean markets have been strong during the
week, until toward the close, when they
settled away little, possibly because OF no
demand from America. the coming hOli-
days tend to produce quiet market for the
coming week.
REFINED.
A further advance of 1-16c was made on
all grades of refined. Buyers came into
the market freely during the early days Of
the week. and hence. have not been as free
purchasers during the latter part of the
week, and business may be considered as
likely to be moderate until after the holt
days, when an increased demand should be
felt for refined all over the country.
Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1891-07-09

Comparative statement of the SPOT Mar
kets.
Special to the Gazette
GALVESTON, TEy., July s.-The following are
the closing quotations for cotton on the spot
to-day al the leading markets, together with
the closing for middiing yesterday, with to-day )
sales:
Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1891-07-09
Jefferson Lumber Company Fails.

JEFFERSON, MARION COUNT, TEX, July
S-The jefferson lumber company made an
assignment to-day in favor, of their cred
itors n Th9 liabilities about $50 COO;
Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1891-07-09
Denver, Texas ard Fort Worth certificates IS
Denver ana Rio GranGe preferred ......... ~
COTTON MARKETS.
Liverpool Futures.

Special TO the Gazette.
LIVERPOOL, July S,-Cotton futures closed
quiet, early months unchanged, late months l
rNNf., hi
Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1891-07-09
FINANCIAL
British ConsoIs.

Special to the Gazette.
LONDON, July S.-Consols closed sS S-l6 for
money; for silver, IS.
Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1891-07-09
Galveston Sugar Marker.
Galveston Wool Market.

Special 10 the Gazette.
Galveston, Tex, July vooI-MlssJ
closed quiet.
'-'S't srRfsG-TwtLvE MONTHS cl1r.
Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1891-07-09
a SMASH-UP.

a Freight Crashes into Three Dead
Wheat Cars Near Vernon.
Special to the Gazette.
VERNON, WILBARGER COUNT, TEX, July
S.-A bad wreck occurred last night on the
Fort Worth and Denver. one mile east OF
this place A freight train ran into three
cars loaded with wheat. COMPLETELY de-
Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1891-07-09
Exchange at New Orleans.
NEW ORLEANS Ia J,11-

Special 20 the Gazette
Sterlins-Commerc;al 81 days.....4 SSG94 81
60 days......5 .3js
New York sisht-Bank -. 49,. 20 premium
Commercial. 49,. ...... ..-......... Par
Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1891-07-09
Special TO the Gazette.

Exchange at New York.
NEW YORK. July s.
Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1891-07-09
Receipts at United States Ports.
GALVESTON TEX LnIY &
GENERAL MARKETS.
FreiShts from Galveston.

Special TO the Gazette.
GALVESTON. TEX. July s.-By steamship
from Galveston. Tex:
To Liverpool ....... l5Sid
Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1891-07-09
THE FORT WORTH MARKET.

[Au quotations below are revised daily by lead
ing dealers and will be found reliable, whole
sale and retail, as Speciiedl
PROVISIONS AND sUSDRIES-
Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1891-07-09
ON CHANGE.
BEARS HAVE THE BEST OF IT..

From the weekly "Sugar Stats tical'' of
Wllett i Gray, OF New York:
Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1891-07-09
New Orleans Spot.
Galveston Spot,

Home consumption, 100 bales.
Stock, $50 bales.
Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1891-07-09
Exchange at Galveston.
GALVESTON, TEX, JulyS.
Bonds and Stocks.

Special TO the Gazette
NEW YORK July s.-Bonds and stocks closed
at the following prices bid:
Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1891-07-09

Danhetser 9 fruit tolu, per box, ooc; pepper
mint and limetta, per box, 65c. mana tolu, per
6Oc; barley nall. coo; sweet fern. 6Oc; carmel
tolu, 25c: No 1 New York, CSC; Whites Yucca
tan, per box, zoe; 5-box cartoons. - %; Valen-
tines euchre, per box, 65c; Panama. per box,
65c: California fruit per box. opc; Berry'S
beauty, e0c; tolu, a5c; per dozen, So 30; sweet
gum, per box, Soc
The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1891-12-08

North Carolina Reform Press Association.
Offcers-J. L. Ramsey, President; };
Marion Butler, Vice President; " S.
Barnes, Secretary,
The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1891-12-08
INDUSTRIAL REVOLUTION.

Mr.. EDITOR :-!ndustrial revolution
demands the abolition of the credit
system. Those who pay must pay for
those who do not. All creditors know
that a portion of those credited will
fail to pay TO compensate for this loss
they add to the price the expected l0Es.
The unfortunate and incompetent are
pensioned upon those who do pay
The credit sy stem leads to reckless
ness in buying and fosters rascality
and lazineas. Hundreds Of millions
are lost and added to the cost Of the
industrial class It IS one Of the prIn-
cipal causes of our panics. Pay as
you go, should be the watchwOrd of
individuals and the nation. Money Is
the sign Of the substance; credit is the
sign Of the sign, the sign of the sub
stance viii pay debts because it is a
legal tender. Credit expands business
abnOrmally, and all abnormal expan-
sion leads to collapse. With sufficient
money to dO our business on a cash
basis and the adjustment Of the credit
system, business would conform to the
natural law of demand and supply. At
the first indication of a panic, credit is
withdrawn. This IS equivalent to
withdrawing this amount Of money
from CuCUldLlOIl dIlu HAS bIlIS GueSG Tor
the time being.
At all times during the year the
commerce is indebt to the retailer. the
retailer to the wholesaler, the whole
saler to the manufacturers, and the
manufacturers to the banks The risk
taken adds hundreds of millions to the
consumers
Fhe loss to our business men is from
one TO two hundred millions every
year.
All this loss can be prevented by
abolishing the credit system and the
issuing of a sufficient amount Of money
to do the business of the country on q
cash bass. The battle the farmers are
waging is that of the whole producing
class In lifting themselves uD the9
will lift up every other division to Their
level It is impossible for them to s11c
seed without dOingso Every division
in our Industrial class is dependent
upon the others for a market. The
manufacturers are totally dependent
upon the farmers and middlemen, and
the main market of the farmers are
the manufacturers and middlemen.