The Russellville Democrat., 1891-07-02

News Condensations.
General Palmer will help in the
Iowa Democratic campaign.
Politicians think Campbell has
more than fighting chance in Ohio
The Republicans of Iowa will
nominate H. G. Wheeler fer Cover
nor.
There will be an alliance celebra.
tion in every county In Kansas July
4th.
Pension drafts are cutting the
funds in the Treasury down very
low.
Pueblo, Colo, in celebrating July
4th will take State vote on the
silver question.
A plot has been discovered in
Guatemala of an annexation scheme
to the United States.
Congressman Warner thinks Flow
er will get the New York Democrat
ic gubernatorial nomination.
Senator Cullom is said to haye
gone to Europe to discuss his Presi-
dental aspirations with Clarkson.
General Alger says Blaine is the
most popular man in America, and
can have the nomination if he wants
it.
During the week ending June 23
there were 1921 pensions certificat-
es issued, representing in first pay
ments 1915, 248 or an average of
$ll9 06 to each pensioner.
Under the provision of the tariff
law allowing bounty Of two cents a
pound on sugar produced IN this
country, Louisiana alone, 1t is esti-
mated, will call for nearly $4,000
600.
The strait to which the republican
party is reduced ia shown by the ef-
forts put forth to carry Ohio. That
state heretofore has given q repub-
Iican majority OF 10000 and yet the
republicans are fearful that McKin-
ley, their magnetic champion, will
be defeated. Radicalism is on the
run in Ohio as elsewhere.
In an interview In Mondays st.
Louis Chronicle, Col. J. G. Prather,
the Missouri member of the national
democratic committee, says that
Cleveland is almost sure of the re-
nomination for president, He does
not think Harrison will be renomi
mated unless Blaine brings his infiu-
ence to bear TO secure such result
The Iowa democratic convention
amid great enthusiasm renominated
Governor Horace Boies and placed a
full state ticket in the field. The
platform endorses Governor Boies'
administration, re affirms the license
plank of the platform of 1889, de-
mands the Australian ballot and
state and national control o. roads,
denounces the Mckinley bill, favors
liberal tensions, urges the free coin
age OF silver upon a just ratio and
urges liberal appropriation for the
Worlds Fair.
The national executive silver com
mittee has issued an address TO the
people. 1t calls attention to the
object lesson now exhibited in the
desperate struggle of the great finan
cial institutions both sides of the
Atlantic to increase the gold reserve
to avoid bankruptcy, and TO the fact
that increases by the one reduces the
resources of the other The address
continues: "Why should such con-
dition of things exist In time Of pro
found peace and abundant harvests?
Why should all great banking insti
tutions attribute stagnation and hard
times to scarcity of money, while
they are exertlng all powers to make
money scarce by adhering to a gold
standard, when they admit that there
is not enough gold to maintain bus
mess and credit Of the commercial
world. For eighteen years the basis
OF credit In gold standard countries
has been growing narrower. As y
single standard It has been extended
and the production Of gold has fall
en- of. while the structure of credit
has been growing proportionately
larger and more Insecure until the
relation of credit and actual money
is disclosed in Barings' failure, in
gold standard England, which alarm
ed The world and stai ted anew a
scramble for gold that threatened all
business undertakings, and stalk as
a menance to every legitimate enter
prise"
------s 80 -