davidaulloa/AmericanStories huggingface dataset:
Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1891-05-08


RAuROADs-Ouiet; sales. 81, 424, 600
STOCkS-Thc stock market was weak IN
the early trading The mornings news
was unfdvorable, and the long expected ad-
vance in the minimum rate of discount by
the Bank of England was announced, which
was followed by further engagements OF
cold for export. The market, however, Of
fered the usual stubborn resistance to the
downward movement and gave evidence
that there is 10 diminution of the confident
spirit which has animated it for the
last month. The bulls are laying
great stress on the grain situation
in France, and private cables
are full of the promise that there will be
large demand for American cereals during
the season to come They therefore look
for an early cessation of the outward move
ment of gold and the creation of large
amount of commercial bills with which to
paw trade balances. Most Of the selling to-
dav was from Chicago, but was attributed
TO realzations only, and outside OF the
stocks in which that centre is interested
there was little weakness in the market,
c. C. c. & ST. Louis being prominent eX-
ception. The final changes are all in the
direction of lower figures. principally
fractions only Sales, 1880 shares.
Quotations closed bid:
Adams Express, III; American Express,
115. Canada Pacific, 49,; Central Pacific,
n: chesapeake and Ohio, Is; do. first
nreferred. 81: do second preferred, %;
Chicago and Alton, l25; Chicago, Burning
tom and Quincy, S7a! Delaware and Hud-
son. 134Il: Delaware, Lackawanna aud
Western. 49,; Denver and Rio Grandee,
preferred 59i4 Erie, POS; do preferred,
58l5:F Wayne, Isl; Illinois Central loo;
Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1891-05-08

WHEELING & ELM GROVE
w RAILROAD. On and after Monday,
December LIST, 1890, trains will run as follows
City Time:
Leave Wheeling. Leave Elm Grove.
Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1891-05-08
ARRIVE.
OHIO RIVER RAILROAD.

y LkNINAL oTANDAfD IIhE'
Direct route 10 Marietta, Parkersburg. Point
Pleasant, Huntington, Ashland, Portsmouth
and Cincinnati Also to Charleston, Clifton
Forge and stanton, Va, and Lexington and
Louisville, KY.
+Daily. tDaily except Sunday.
Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1891-05-08
The Metal Market.

New YORK. May Pig Iron, quiet;
American $40 GOALS 90. Copper, neglected.
Lead, nominal; domestic q 221@. Tin,
more active; straits $40 %.
Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1891-05-08

DROXIEs, LEASES AND ALL KINDS az
i Blsnss for sale A. Tho RssIsrBR C'11'-nf
boom q
Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1891-05-08
FINANCE AND TRADE.
Money at lac Per Cent--Go'ernments Dull
and Heavy-Stocks Lower-flour steady
and Unchanged Wheat Lower.

New York. May Money on call easy,
ranging from to per cent; last loan
at } per cent; closed offered at 4per cent.
Prime mercantile paper 4%a6]9 per cent.
Sterling exchange quiet and easier at
q. 4 tDD
Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1891-05-08
RntiConDa.
BALTIMORE AND OHIORAIL-

BALTIMORE AND OHIO RAIL
- ROAD. DEPARTURE ARRIVAL or TRAINS
~NEn At Wheeling. Eastern
.1.aNNM E:A time. Schedule in effect
Aek&$Y S$$ASA January ist. 1891.
nE0&eSRxSAA MAIN LINE EAST
"a sEi f1..$1fA For baltimore, Philadel-
EH &Alt ~ ia - phia and New York l2:05
W. g&fEfsNHsf $50 q. m, 2:30 p. IN daily.
WSke-fsX Is@11H Cumberland Accommo-
N$iitas2HH-N W dalton. 500 a. IN. daily ex-
EESS.--Ix& cept Sunday.
ton, 2:O p. IL daily. eX-
cept Sunday.
Moundsville Accommodation, 500 a. m. sx-
cept Sunday, and $3.50 p m. and except Sunday.
ARRIVE
From New York Philadelphia and Baltimore,
$40 a. m. and 1913 p IN and II 40 p. m, daily.
Cumberland Accommodation, sos p. m. eX-
cept Sunday.
Grafton Accommodation, l9:45 p. m, daily.
Moundsvilie Accommodation, o:i5 a. m. and
l. IS p. N. daily, aud 5:O5 daily. except sunday.
TRANS.OHIo DIVISION.
For Chicago. $50 and ll:0j a. m. and u ~ p.
m. daily, except Sunday.
Cincinnati Express, $50 and II % a. m. iaily,
and 1910 D III. daily except Saturday, and 80
a. IN. sunday only.
Columbus Accommodation, 4:30 p. m, except
Sunday.
St. tlAlTsNlit aCcOuHOuhbloLs II ~ IL II aAN
1870 y. M, except Sunday.
ARRIVE.
Chicago Express. II 30 and $50 a. M. anu $40
p. m. daily and 1l:00 II. m, daily except sun
day.
Cincinnati Express, 81 a IN. and $40 p. III,
daily.
Columbus Accommodation, ll:U Il. III. daily,
except Sunday.
81. Clairsville Accommodation, ll:0e a. N and
$40 p m. except Sunday.
W p. & y. DIVISION.
For Pittsburg SIS and 7:20 a. m, and $50 p.
m daily, aud / 40 p. m. daily except SUNDAY.
Washington Accommodation, $50 p. n. s1-
cept Sunday.
ARRIVE.
From Pittshurg II 90 n. m. daily, l2:45 p. m,
except Sunday, 655 and 1890 p. m. daily. ana
go "A. IN. Sunday only.
Washington Accommodation, $50 II. N. daily
except Sunday. - ,e,,-,
CHAS. o. SCULL,
General Passenger Agent, Baltimore.
J. ). LANE, Wheeling. dels
Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1891-05-08
TRANS.OHIO DIVISION.

For Pittsburg SIS and 7:20 a. M and $50 p.
n daily, aud / 40 y. m. daily except SUNDAY.
Washington Accommodation, $50 p. n s1-
cept Sunday.
Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1891-05-08

sThs only remedy that will cure Nalers Consumption
The great West. [volume] (St. Paul, Minn.) 1889-18??, 1891-11-06
THEY SEE IT At LAsT..

Even the Bankers and Business Mon Axe
beginning to Understand What Is Meant
By the Term Money Power.
Mr.. ]. P. Holden, of Emporia, Kan,
banker and lender of eastern capital
by profession and occupation, has writ
ten and published book to which he
gives the significant title of Metallic
Money and Hard Times In this book
Mr.. Holden comes out unequivocally
for the demonetization of both gold and
silver and the establishment of a scien-
tific system of finance, which shall use
and recognize nothing but legal tender
absolute paper money. His preface
reads as follows:
1T is within the power of 80 men,
constituting a majority of the American
congress, by a single just legislative
act, to produce among the Industrious
people of the United States an era of
unprecedented prosperity. among whom
now reigns industrial depression; an
alarming condition of private, corpor-
ate and municipal indebtedness, and the
evils generally that are inseparable
from the Capitalization of nations
wealth in the possession of few of its
citizens.
''This seemingly exaggerated state
ment will, in the opinion of the writer,
The great West. [volume] (St. Paul, Minn.) 1889-18??, 1891-11-06
APPALLING. FACTS.

Alarming Statistics as-tO Business Failures
During the Past Mae Months.
Bradstreet reports the failures for tho
past nine months at s, S66; for the cofG
responding nine months of last ye83
1883, an increase of l, 1913; total liabilN
ties for nine months this year, $13S, 811,t
$40; last year for same period, 500, 541,
$50, an increase of $40, 200, $50. These
figures seem to indicate a condition OF
prosperity with vengeance. 1t should
be remembered that these figures apply
only to business failures, and only B
part OF them Mortgage failures, deeds
of trust failures, chattel mortgage and
bond failures are not considered in thiS
statement There has doubtless been
20, 600 or more absolute failures DURING
the time named, with liabilities morA
than double the amount given.
Yet under such conditions the
two old parties contend thai
times are good and prosperity
waits upon the efforts of the people.
This statement is enough to fill every
honest man with alarm Who is safa
under financial conditions that hav6
driven nearly 5000 business men to
bankruptcy and destroyed values to
the amount of $13s. 600. 900? Whose
turn will come next, and what kind Of
business enterprise will stand, the
shock? Is it any wonder that a four
per cent United States bond, due in
fifteen years, whose ultimate payment
and guarantee of interest is predicated
on the taxing power of the government
is at premium of eighteen per cent,
while mortgage upon a good farm
for one-half its value, at ten per cent,
where payment of interest and princi-
pie depends upon the prosperity of the
people, cannot be negotiated for rone1
half that length of time? In this man.
ner the taxing power of the nation Is
placed at large premium over the
prosperity of its industrious people,
1t is time that every honest man began
to consider this matter earnestly.-Na-
tional Economist
The great West. [volume] (St. Paul, Minn.) 1889-18??, 1891-11-06
FARMERS ALLIANCE.
ALLIANCE NOTES.

The people propose to transfer the
seat of government from Wall street to
the factories and farms of America
Pittsburgh Kansan.
If you think the old parties are
having an easy walk away in Ohio,
you don't know the fellows who are
running the peoples party campaign
Nonconformist.
No proposition of the peoples
party SO worries the money shark party
as does the sub-treasury plan. 1t
makes them wild and knocks them
silly.-Pittsburgh Kansan.
The Colorado republicans asked for
free silver. The party in two, or per-
haps three, other states may also be in
favor of it As between the two
parties on this question the case proba-
bly, stands about thus: Against free
coinage, the republicans in forty-four
states and the democrats in seven. For
free coinage, the republicans in four
states and the democrats in forty-one.
-Globe-Democrat.
In 1867 honest John said: 81 say
that equity and justice are amply salts
The great West. [volume] (St. Paul, Minn.) 1889-18??, 1891-11-06

fed if we redeem these bonds at the
money, of the same intrinsic value it
bore at the time it was issued" In
1878 millionaire John Sherman said:
ITO refuse to pay the bonds in gold
would be Reputation and extor-
ton and would be scofing at the bless
ings of Almighty God. "-Dako ia Ru-
ralist.
AT the annual meeting of the state
Farmers Alliance of Michigan the fol-
lowing resolution was adopted without
a dissenting voice: Resolved, that we,
the Farmers Alliance and Industrial
Union Of the state of Michigan, heart
lily indorse the Ocala platform, and fur
Their declare to the oppressed toilers Of
America that we are unyieldingly in
favor of independent political action
as outlined at the Cincinnati confer
ence."
-Plutocracy is a modern word, hav-
ing place only in the supplement to
Webster's latest dictionaries. where it
is defined to mean "a form of govern
ment in which the supreme power is
lodged in the hands of the wealthy
classes alone; government by the rich;
also, controlling or influential class
of rich men," It is a power which,
though unnamed, has crushed the cor
ner stones of republics and laid waste
empires.
Down in Tennessee the convict
lease system is to be continued four
more years and honest laboring men
will be starved out of their homes, and
over in Ohio other honest laboring men
are yelling themselves hoarse in behalf
of a democracy led and dominated by
United States Senator Cal Brice, a
principal owner of these same Tennes-
see mines. Verify il. laboring men
sometimes get it in the neck they de-
serve it -Nonconformist.
The people are mildly asking that
the democratic party make money
an issue in the battle of 1892. The
ringsters, Cleveland, Mills, ct al, seem
to think their little put-ins will seal
the public mouth. The masses are de-
termined to force the ISSUE The demo
cratic party has got to speak either for
or against more money" Will the
party seek its support from Wall street
or from the people? Let the next con-
gress say.-Weekly Toiler.
Three hundred years ago the bank
of Amsterdam issued it's certificate of
deposit against the plate and jewelry
of the people, and these certificates
passed as money. Wherein does this
differ from the sub-treasury plan of the
Farmers Alliance? The bank of
Sweden, also, issued money to the
farmers up to two-thirds of the as
sessed value of their lands at four per
cent. interest. Town property was
also taken at the valuation of the fire
insurance companies Are we going
to remain half civilized in the United
States to please Wall street? Not
much, If the Farmers Alliance knows
itself, and we think. it does
Union.
The great West. [volume] (St. Paul, Minn.) 1889-18??, 1891-11-06
ANSWERED.,
The Economist Answered an Inquiry as to
the sub-Treasury Plan.

Inc economist Answered an Inquiry as to
the sub-Treasury Plan.
A correspondents asks:
: "Will you please give me a:full ex-
PLANTATION on the proposition in; the
sub-treasury bill providing for the
notes that are to be returned to the
agent of the stb-treasury; how they
are to be destroyed; what becomes Of
them, etc? I understand that this is
detail, but want your version of it on
this particular point
The treasury notes issued against
the farm products are new issue and
constitute an actual addition to the
volume of money in circulation, which
is at this season necessary to prevent q
contract of the relative volume Of
money which depresses prices. As the
crop is gradually consumed the extra
demand for money to handle the crop
diminishes and the necessity for the exA
istence of the auxiliary volume to main
tain the relative volume declines in the
same ratio. The retirement of thiS
auxiliary is provided for in the plan with
great certainty and accuracy by the
return of the treasury notes to the
"a Oe1SoAy DO AcoO co VAO CIOP Is UcuduOCO
for consumption. The treasury notes
so put out and redeemed are a full
legal tender and when redeemed are de-
stroyed. They are really promissory
notes of the government, and it is q
simple matter of justice to the people
that the government should always
issue new ones, and it also prevents
any possibility of fraud in the issue OF
redemption by government employees.
In case the crop products should be re.
deemed with gold or silver, or coin Ger.
tifcates, they of course would not be
destroyed, but would be exchangedkfor
the proper amount of treasury notes,
which would be destroyed. This
feature of the plan makes it absolutely
safe and conservative, and guarantees
no disturbance Of the relative volume
OF money at all seasons of the year.
National Economist.
The great West. [volume] (St. Paul, Minn.) 1889-18??, 1891-11-06

form Of value); necessarily proves in
furious to all wealth producers and
property owners"
The publication Of this book and the
utterance' Of these sentiments by the
author are significant and noteworthy
events. just as sure as the jewellers in
the cities (the professional and business
men and all those myriads engaged in
the labor of distribution) examine into
the soundness of the principles and the
business of the demands of the Farm
ers' Alliance. just SO surely will they
become willing and earnest workers
and voters for such demands. I'm
trinsic value" specie basis" usury,
all must vanish in the light of investi-
CATION to make room for q scientific
and equitable monetary system.
GEORGE G. WARD.
The great West. [volume] (St. Paul, Minn.) 1889-18??, 1891-11-06

appear the more so to those least famil-
lar with the one immediate cause of
existing social evils-gold and silver
money.
can attempt is made by an appeal to
the reasoning faculties of such as are
capable of arriving at correct conclu-
sions from given statement of facts,
to establish the truth of the following
propositions, viz:
81. That the present inequitable dis
tribution of wealth is attributable to
the operation of cunning legal enact
ments rather than to the superior
energy or mental power of the few
who now legally possess the bulk of
the nations wealth.
80 That, as in the southern states of
the union prior to 1861, few thousand
masters enjoyed the surplus earnings
of several million black slaves by the
operation of legal system of chattel
slavery. so. at the present time, by the
operation of more subtle but equally
effective legal system of interest
slavery, do few thousand fnanciers
appropriate to their use, without MAX
ing due return therefor, the greater
portion of the earnings of the indus
trial classes of the country.
''3. That the wealth producers of the
world are enslaved by single errone-
Gus belief-a general belief that the
natural value of gold approximates it's
coined value as money"
Explaining the causes which led to
the investigation instituted by him,
which eliminated in the production Of
his book, Mr.. Holden says:
''Some three years since. the writer
began an investigation of the various
theories advanced by different eco
nomic writer's as to the immediate
cause of industrial depression; such
investigation being prompted by the
discovery that, although, in the prose-
cution of reasonably successful bust
ness THAT of loaning eastern capital to
Kansas farmers) he was accommodating
property, yet from some unseen cause
such property was gradually decreas-
ing in value. In vain has he sought
for satisfactory explanation of this
fact in the theory SO ably presented in
Progress and Poverty" and in the
writings of those who attribute bust
ness paralysis TO the effect of the dis
eliminating features of a protective
tariff.
''In venturing to present to the pub
lie the results of his Investigation
which are SO widely at variance with
prevailing ideas-a desire to treat a dry
subject as briefly as possible has re-
suited in an expression of his own
views rather than in discussion and
refutation in detail of the theories Of
those who attribute existing evils to
other causes In the presentation of
these views no claim is made by the
writer to exceptional philanthropy, his
dominant motive being an earnest de-
sire to restore that value to property of
which it has been insidiously Invested
by the operation of a financial policy,
which in augmenting the value Of
money lin the interest of owners of that
The great West. [volume] (St. Paul, Minn.) 1889-18??, 1891-11-06

do to legislate in the interest of
the silverminers by remonetizing
silver
SILvERMINER-It seems to me that
the government and the goldminers
must stand in together. Silver has
been money since the earliest ages,
and now it is reduced to a commodity
in the interest of goldminers and the
creditor class.
The great West. [volume] (St. Paul, Minn.) 1889-18??, 1891-11-06
THE CAPITALIST.

He Employs Labor For Profit and Not
From . Sense OF Patriotism or Public
Duty.
In an article entitled, "Have we
more work than workers?" the ALI
ance Farmer observes:
IF capitalists would put their money
in such enterprises as are needed all
over the country, our working classes
might all be employed at compensatory
wages and fair income derived on the
The great West. [volume] (St. Paul, Minn.) 1889-18??, 1891-11-06

FARMER-It seems to me that I am
being ground to powder between the
upper and neither mill stones of specie
basis and intrinsic value. Gold and
silver are worthless until exchanged
for food and clothing. What's the
matter with making the great staples
the basis for a supplement issue of
legal tender paper money?
The great West. [volume] (St. Paul, Minn.) 1889-18??, 1891-11-06

GoLDM1NER-Friend Banker. that de-
monetization of silver was great
scheme. My gold bullion will buy
from IS to so per cent. more, of labor
and commodities, than it would in 1873
BANKER AND BoNDHoLDER-Yes, in
deed! it was a grand triumph of modern
financiering. Both principal and in
terest of my securities is worth half
The great West. [volume] (St. Paul, Minn.) 1889-18??, 1891-11-06

investment 4 The vast BODY of
American capitalists are indisposed to
take the slightest risk. They will loan
their money on gilt-edged security, but
are disinclined to put it to other uses,
partly because they are cowardly, and
partly because our high interest rates
assure them the most profit English
men have more adventure and dare in
vest in American enterprises, notwith-
standing the backwardness of our cap
italists.''
Capitalists, as, such, are not bound to
invest their capital in enterprises that
are needed" With them the meas
ure of the need is not the "want" of
the community, but the amount of
profit to be derived from the filing of
that want They do not invest their
capital for the public good; that is in
cidental to the motive, but not of it
They do not engage in enterprises that
require the employment Of tour work.
ing classes" with no other motive than
the desire of employing them. No.
They invest their capital, solely and
singly, for profit; and just so long as
other avenues that yield q larger per-
centage of profit-although requiring
the employment of fewer workmen-
are open, just so long will the stream
of capital continue to flow in that di-
rection.
Capitalists cannot be regarded as be-
ing ''cowardly" because they do not
take unnecessary risks; to do so would
be ''foolhardy." How, then, are we to
reap public as well as private gain
from the capitalist class? Evidently
not by regarding them as s'cowardly,"
but by so adjusting the relation of cap
ital and labor as to oblige the former
to employ the latter. This can be
done but in one way-by reducing the
rate of interest on money. The truth
of this can be seen in the fact that
"Englishmen dare invest in American
enterprises" not because they are
more courageous, but for the reason
that English capital, obtained at lower
rates OF interest, can afford to embark
in productive enterprises and realize a
profit
The part the Farmers Alliance move
ment is to take in turning the channels
in which future capital is to run is not
yet appreciated by the people; but once
in power, and their determination to
reduce the rates of interest by dethron-
ing the national banks and compelling
the government to furnish money at a
nominal cost realized, glory such as
never yet dawned upon this usury
stricken world will light the way to a
civilization for which we need not blush
on the morning of the twentieth CEN
tury.-Pacifc Union.
The great West. [volume] (St. Paul, Minn.) 1889-18??, 1891-11-06

The most amusing feature about
the Ohio dispatches the past week is,
both parties very charmingly decline to
speculate upon what the farmers will
do" Isn't it too bad that the town
buns are unable to figure on the per-
petuity of this grand and glorious
country until they hear from the farm
ers!-NoncOnfOrmis.
The great West. [volume] (St. Paul, Minn.) 1889-18??, 1891-11-06
HIS WAR RECORD,

Some Official Documents as. to. Col! Polka
War Record.
None of those who. heard Col. Folks
straightforward statement of his war
record, and his emphatic. denial Of the
charge OF cruelty to union prisoners at
Salisbury, need any further evidence
of the falsity of the charge, but the fol-
lowing is, official and conclusive,
EXECUTIVE DEPARTMENT.: J
RALEIGH, N. c. Oct >. 1891 E
This is to- say that Col L. l. Polk
was never more than lieutenant in,
ahe confederate army, never had charge
of the confederate prison at Salisbury,
or any other prison. I do not remem-
Der who had charge of Salisbury prison
all the time, but during the latter part
OF the war it was in charge of Major
Gee. THOMAS II. HoLT;
tSeaL Governor of North Carolina.
The following is the statement of
Mr.. Thomas s. Kenan, Mr.. Folks SUI
perior officer:
RALEIGH, N. c., Oct. S, 1891.
Mr.. l. l. Polk was lieutenant in
the Forty third North Carolina regi-
ment, which I commanded as its coll
onel, and was never in charge of any
prison that ever heard of. He never
held any other position in the eonfed-
crate army than that of lieutenant
make this statement at his request
THOMAS s. KEENAN,.
We trust that the peoples party pa
pers throughout the north will give
this evidence publicity in their col.
umnS.-IOwa Tribune
1t is very possible to be too poor to
practice economy. For instance, at
this time of the year people who have
money are~ filing their cellars with
coal; they are buying it for about eight
or ten cents per bushel, and are putting
in enough to last all winter. But peo-
pie who have no money and no cellars
to put coal into, are not putting in any
coal. Consequently, when cold weather
comes on they will buy coal by the
bushel and pay perhaps as high al
twenty-five cents for it. OF course
they could economic by buying coal
while it is cheap, but they are poor and
cannot afford the luxury of such econ.
omy. Moneyed people call this shift
lessness, but could they do any better
without their money? With money to
use at the right time, money can BE-
saved, but the moneyed people alone
are able to save il, while the moneylesA
ones must lose it-Living Issue