davidaulloa/AmericanStories huggingface dataset:
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1892-07-29

"sssse<tt"n hy Fire of she n.y..
Z" ''sp"s In ~. 1ouf.. T.~-.''1>ses
s'"rnEs Tanks. Tank Carr ~. Win
..ssk"s tara >ser~hinr m. ,''sr<
"~th ne te-- VIII Reach s,s. "
IT. L"ris, July ea.-At io.As
". Natsrs Pierce oil Co.'S plar, "
~ twelfth street. near Craft. "rnt
apont roo feet snnthw.s, u \,
mon depot. caught Ere. Thr.. N, W
cnmrany's large tanks filed u,,a ~
exploded. setting frc u alm.s, N
ir."n Tank Line ears. ne ,,.r..
which were filed with IN. TN. IN =.
icnped several hundred a., MN
ann great volumes ~ smoke. Null
bling a thunder clcnd. hllcI ~
The entire FIR. department wa> .,f,
out and II was with great dim'.4.
that the firctncn. aided Nv 4 Sou,, ..,
breeze. saved the large carriay.
81 the HaydoclSs on The south w
biaxr. and the . works on the III.
Vnite a n.mber ~ freight cars XII.
burned, and several freight crew, NH.
hurrlcily rushed 70 the scene W
thu yards ~ valuable freight.
The intense heat made 4, c.e..~,~
~ hard and dangerous work far ~
iircnen; but the boys stuck plucki.r
their work.a and while some poured ~,
on the oil others. further away s...
the scene threw water IN thnS.
the blaze u prevent tacm s~upcrnb;..
10 the heat.
The quantity ~ oil stored n w,
plant was - vast that the flame, eon,s
not destroy II fast enough. Mia~f--
with the water that was being n..,r
on the fire il began descrnlin- M
abiazc into the Mill Creek rn,,.-
threatening n burn m evrr~.h, ~
in its path. IT, protect railroad proo
erfy every railroad man IA ~
vicinity was pressed u IL
vice ~ the railroads ana rircn !
shovel and pick and was Set divei-- :
deep trench and hacking Them VIII
cmhanlSm.nts. through which tsc M
and watcr was conducted t. the sewers
A. il was. several cars caught iire ma
hundreds Of feet of tracks were a.
strnvcd.
Directly cas- OF the burning ~.rue.r-a
We're about = dozen large tanks. sverr
one filled with gasoline or naph,ha
which. up to two hours after ihe ire
commenced. were. owing 10 the dires-
ton Of the wind. still intact. aud whicA
formed a barrier protecting the nca-rs.
structures " the plant 81 the II; Lor.s
tagging Go.
To save tha; plant Chief LINDSAY haa
about ten streams 81 water directed
arainst the tanks 10 keep them coal
Owing to the fact that they had formed
a barrier 4 shut of the heat the srr-
men were able to approach them, aut
did effective work. 80 great was tie
danger that the fircmen who poarsE
water on them were chosen from o ~
unteer 100. every one If whom vs.
willing to risk his life. As II was ~
tagging plant was badly damaged ~
heat and water.
The loss viii aggregate at least STA
600. as the entire plant j. in ruins. and
a large number ~ the rompany's wa--
ons were in the yard ~ the time.
Several tiremca are reported iniu--
or Frustrated by the intense heat.
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1892-07-29
THEY GO FREE.

The state Officers Abandon the Prose-
fion 80 the Accused Tnney County ~.
Iynchsrs and Murdrrcr~ Essan~' II
Thcir Inability to Fight Against W
lsaId knobhcr influence.
SrEi~GrrFr-D. Mo-. July 2I-Ihe iA-
ncv county lynchers are free asii W.
been found impossible % convicf ln'l
in fancy county. For several day~
there were rumors here that even
thing was fixed" and that thrse
would he no conviction. N 'ne
result " not n surprise. Ju0ES
w. u. Hubbard has been
vercly ccnsured. hut II j. no' ~
licvcd that he Il responsible for ihfh-
suit. When the panel ~ forty nsn
was completed. Prosecuting ~
torncv Davis and his assistant. NJ
sharp. looked over the list and ionD"
that thirty-four ~ the men were men
bcr~ Of the dcfunct Bald kn"b'~r NJ
~ganization and supposed to u ~
patty with the lyncherS.
Col. Harrington. the special reF.
sentative Of the state. was not press''
being dangerously III at his homc.
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1892-07-29

EvASsvIr.rE. Ind. July ga run was
started Yesterday on the Peoples Saw
ings hank and az the closing hour
about 10000 had been paid 70 fright
cncd dcpoSitors. The panic was
caused BY a joke that magnificd rs Il
went the rounds. and finally became
serious. MANY poor people were NJ the
hank NJ daylight yesterday morning.
- anxious were they All dcpositors
were paid promptly withouta question.
The hank Is solid. and has a surplu rs
over moneys deposited. They have In
cash over sJDo.oo9 a. meet claims and
can raise s,5o.ooo more. II needed
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1892-07-29

EpNrSD DopsoS. an insurance agent
and broker Of Neenah. Wis. has ere
ated a stir in insurance circles by his
sudden disappearance. lie is said 10
he from 10000 to $4,000 short in his
with the companies he repre-
scented.
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1892-07-29

WIN. a. STRICKLAND. If Alfalfa. Law
ence county. o.. returned his pension
check 20 his attorneys, on the 18th. re-
qussting them 70 return il 10 the gov
ernmcnt. Strickland claims to have
had a divine inspiration from the Lord
Informing him that the pension
was a curse. and directing him in fu-
ture 20 reject Il as blood money. which
he proposes to do.
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1892-07-29

As III time for harvesting the big
wheatcrcp Of the northwest approaches
the farmers realize more clearly than
ever that they have very little help.
and will need several thousand men u
assist in gathering the harvest The
railroads. also. are making low rates 70
induce laborers 10 visit the locality.
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1892-07-29

on the olst the president issued his
proclamation declaring Friday. October
81. $ 2 the four hundredth anniversary
Of the discovery Of America by Column
bus a general holiday for the people
OF the United States
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1892-07-29

A srrcrAL committee was appointed
nv the Central Labor federation 81 New
York. on the nth. 70 collect funds for
the Homestead Pa iron workers now
on strike.
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1892-07-29

THE important mail service between
San Francisco and New Zealand. the
co~t 81 which has been almost excIu-
tivcly borne by New Zealand. will lie
abandoned when thc present contract
expires in November unless the United
States will hear a reasonable share OF
the cost ~ maintaining IL. American
ships have almost d monopoly 81 the
carrying service.
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1892-07-29

BHAzn- Ind. July 2s.-Frrd Smith
and John Patterson. two bows ~ this
city. who have made TRASHY literature
2 study. masked themselves last night:
strapped two rcvolvcrs 70 their belts.
armed themselves with two big knives
and went On the street. They sue
cccded in soaring several girls. and
then ~prccccici 10 some obscure spot,
where they fought with knives Smith
was badly wounded and NAV not re-
coser.
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1892-07-29

The Rouman,an government has or
dered a five days quarantine on the
Russian frontier t. prevent the intro
duction Of cholera. As a matter az
fact. the whole frontier is closed 70
raffic from Russia except NJ one sta
ton. and all the ports are closed against
vessels arriving from Russian ports on
the Danuhc.
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1892-07-29

WALLACE. Idaho. july y - ~
tails 81 the Mission massacre sne"
Of the most horrible butcheries M"'
ever happened IN the Crnr q A'e".
They fully justify reports hitherto NJ
out. Lieut. smith left Wars'ne'
Tuesday with d force 70 naAs
thorough examination 81 the gr'un.
lie aid not have time 70 complete
work. hut reported the finding ms
large spot on i hillside in the Tour,
II July canyon burned over. ana ~'~
The ashes were thought 70 be ~
human bodies. crematcd. i i supps
by placing them On pitch logs
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1892-07-29

THE ccnferees On the sundry civil hill.
which contains the Worlds fair appro-
priation Of 5000. 900. began their Ia
bors on the points Of difference BE-
tween the two houses on the 21St.
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1892-07-29

THE Paris Figaro asserts that an an
archist plot has been discovered to de-
stroy the boursc and the palace Of jus
ticc with dynamite in revenge for the
execution Of Ravachol the arch dyna-
inter and murderer.
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1892-07-29

THE statement i published in Lon
don that Andrew Carnegie gave a 900
toward the election expenses ~ J. X.
Hardie. the labor candidate who was
elected for South Nestham.
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1892-07-29

Mrs. ENNoSs ET.Ai~E. with herbahv.
nurse and two maids. arrived n Ear
Harhor. Me-. on the 18th. She was met
at the wharf by Miss Harriet Blaine.
and went directly 10 Stanwood.
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1892-07-29

A. LouDcS SSowDEx. ~ Pennsylva-
MIA now envoy extraordinary and min
sster plcnipotentiary Of the United
rfates % Greece. Roumania aud Servia.
: been nominated BY the president 10
- envoy extraordinary and minister
pisuipotcntiary 10 Spain: and Truxtou
l'caie. Of California, now minister resi-
dent . consul-gcneral of the United
rtase- y Persia. II named for " *.
srnordinnry AID minister pleniposcn-
s'ory 20 Greco Eoumania and Servia.
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1892-07-29

THE thirteenth annual reunion 81 the
League Of American Whcelman, the
most successful meet in its history.
opened in Washington city on the 10Th.
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1892-07-29

RrcHuoSD CURTIS. said tobe a nephew
Of George Wm. Curtis. editor Of Har-
per's Weekly. and travelling under the
ssumed name Of George Connors. an
ex-reformatory convict committed
suicide. on the 18TH. by hanging in the
jail at Huntington. Pm lie was in
prison IN the charge Of DEMONSTRATING.
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1892-07-29

The West Superior wis Iron and
Steel Co has discharged all the ANAL
Ramated association workmcn and
closed their mills indefinitely.
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1892-07-29

NApIsoS SQUARE eADEx ia New York
was crowded to its utmost. IN the we
ming 81 the 10th. when Mc<srs. Grover
cleveland and Adlai T. Stevenson re-
ceivcd formal notification Of their nom
nation BY the Democratic national con-
sention Il Chicago for the great oficex.
Fc~pcctively. 81 president and v~icepres-
sdent Mrs Cleveland was present and
received an ovation.
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1892-07-29

SEVERAL. American capitalists have
formed a syndicate for the purpose of
starting a large central sugar refining
esta hlishmcnt near Trinidad. Cnba.
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1892-07-29

FIRE in the Rcinickendorf quarter 81
Berlin. on the 10th. destroyed six
factories. Three workmcn and a fire
man persisted in the flames
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1892-07-29

A SUBSTANTIAL reduction in grain
rates sothc seaboard was announced on
the 2ist.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-12-11
Do Not Whit

Send In your orders at once by mail, tele.
graph, ,ortelephone. or call at my place OF
business, where purity is guaranteed Won:
where secure shipping and prompt delivery
are made special objects; where goods are
sold ut reasonable profit; where % years of
business experience has taught tnat the
best goods Tor tile least money is the only
true method OF conducting business. Such
place is Max klein's, so Federal street,
Allegheny. His silver Age rye, Duouesne
rye and matt are now Tor snle at ali first
class liquor and drug houses II your dealer
does not handle these brands send direct
tor them or for any OF the following we'll
known pennsylvania rye whiskies at 81 per
quart or six quarts for IS: Finch, Gucken-
heimer, Oson, Overholt and Bear Creek or
for any foreign OK domestic wines, brandies.
and Irish whiskies imported, in bottles or in
bulk, all at New YORK prices. Send for cata-
logue and price list to Max Klein, 81 Federal
street, Allegheny, Pa.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-12-11
FURS! FURS! FURS!

eseGdau uenho goo which we h down
Fur rCpa,Ja Ja and garments # a for misses d Al
matter
know c
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-12-11
SAVE sa 90
BY Buying Now an Elegant aad Useful
% 90 Present for 65 90.

% 90 Present for S5 90.
Look at itfn every way and you will ind,
IL you embrace this offeE that We are doing
you q good turn, Buying present is one
thing, but buying q nice, suitable and USE
full present Is quite another. Here's how
we offer help: We have on hand an inn
mense assortment Of fur rugs, lined and qn-
lined. m all sizes, There are no seconds
they are all the best made-the best to be
had Not the kind that the hair comes out
as you walk on them, but any Of them would
be apt to give good service for number OF
years. As to ms tching you assume very lit
tie risk. Lieht or dark are the only points,
but even these cut no figure since most any
fur rug will suit to the carpet or oJher fur
nishings of most any room. The pFioe is
bounG to suit. We have marked at s. 90 full
hearth size lined rugs, both plain and fancy,
regular 81 90 rugs.
Mr.. Edward Dain, well known to the fur.
ntture trade for q number of years, has been
associated with us now for nearly ayear,
and he would be pleased to have his friends
call on him and participate in some of the
good things We are now Offering.
GINNIFT & STEINERT. LINZ,
805 Wood street,
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-12-11

g Cujus Anima-Stabat Mater, ,Rossini
A. L. NeYiR.
hhapsoaie Hengroise, on. A. ~. .Hauser
MI, kafpachewsky
tb Tie Fri King. n, schubers
DR., Hopkinson.
Hymn Of the Acknowledgements
Miss Miller, Miss McKeivsy, Mr.. Bender, Mr.
Drum and chorus.
Max Brueh's csntata is an entire novelty,
and, jSdging from what others have said Of
it, a most welcome one. DR.. B. Merrill
Hopkinson, the Baltimore baritone, is an
other novelty of the same kind. The ALLIE
gheny chorus is On a fEmsr footing than
ever, it would seem, and the sister
city is TO be fslicitated upon its pros
peetS
-
represent the Best Elements.
The Musical Mutual Protective Union
at its annual meeting last week elected
these officers: President o. H. William
Ruhei Vice President, j. NJ. Allen; Secre-
tary John A. Hubbard; Treasurer, Charles
W. Gernert; Trustees, Charles B. weis. j.
+. Roenigk, Charles w. Castor; Executive
Board, Daniel Leach. John Gernert, Ed
ward Lewis Emil Haberkorn, Peter Barn.
hardt, Thomas Griffith and Joseph J, Cor
coran.
1t is most pleasant and promising to see
all these men, who truly represent the
the best elements among local band and
orchestra players, again united for the
common good.
With due heed to the lessons of the past,
there is no reason why the NJ NJ. P. q.
should not be one of the most potent factors
In the musical progress OF the city, A
membership of nearly 500 and q treasury
balance over S., 900 may be made very use
tul, when wisely managed.
What steps can the union take toward
the great objective point of establishing
permanent orchestra of high grade?
-
Two Interesting Programmes.
Mr.. Leopold Godowski's programme for
the Henrieks opening last Tuesday evening
is worth placing on record:
= Sonata Apassionata....... ....... Beethoven
Leopold Godowsky.
D. Autumn Thoughts. ..-.,,.... Masssnet
Mrs. Adah Thomas.
"a, Preludel
C. Ballade
). "BarcarOlle" MoskoWski |
Leopold Godowsky.,
T. because Love Thee" Ernst Ford |
Mrs. Thomas.
@ a, "Two Etudes" - |
g. b, "Waidesrauchenu ,....,..,.,,,...LisEs
9. "1nvitarlOn to the Dance. Weber-Tausig |
Leopold Godowsky.
The Wednesday evening programme, too,
was an attractive one, enlisting such tried |
tavorites as Mr. Jos. H. Cuttings, Mr.. Carl |
Retter, Miss Mamie Reuck, Mr. Joseph A. /
Vogel and Dr. w. I. English, and intro
ducing to local hearers a new soprano, Miss
Mary Stowell. who enjoys much reputation
in indianapolis and vicinity.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-12-11

Toilet Sets and Manicure Sets in
Plush, Leather, Wood and Silver.
Handkerchief and Glove Boxes.
Collar and Cuff Boxes.
Jewelry of all kinds.
Card Cases of dainty designs.
Shaving Mugs.
Laundry Bags.
Mirrors, Music Rolls.
Hand-PaInted Placques in q sizes.
Travelling Bags from the least ex-
pensiYe to the finest made.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-12-11
Making the Worlds Fair ORGAN

The announcement that the Roosevelt
firm, the foremost organ builders of Amer
ica, are closing their business and transfer
ring their patents, skilled men, etc. to Far
land & VOtey, OF Detroit, leads up natur.
ally to the news that the great organ fortbe
Worlds Fair is to be built by the latter
firm. In this connection the Chicago Presto
says:
In making an appropriation o sloOOo ror
concert organ at the Fair. the Executive
Cou miJt"e has granted The last inIportant
request Hkely to be made by Theodore
Thomas. Every other description OF music
has been arranged ior-a superb orchestra
the finest bands in Europe and the Unitad
States, great ehoruses and soloists. A con-
cert organ alone was wanting and that fs
now assured. Farrand & Votey, of Detroit
with put the organ either in Music Hall or
Festival Hall Secretary Wilson says they
will build an Instrument that could NOT he
duplicated TOR less than S25 OOo
1--WE will invite the sreatest organists in
the world to give concerts" he said. "The
list has not been prepared by Nh. Thomas vet
it is too early, as the appropriation has inst
been made for the organ-but it is probSbIe
that such eminent artists as Guifmant, OF
Paris; Best, OF Liverpool: Saint-Saens, OF
Paris, and a number of Americas greatest
artists will be invited"
-
The Allegheny Musical Association.
The most important event of the week in
musical matters will be the first concert of
the fourth season of the Musical Associa-
sieE, OF Allegheny, to be given at Carnegie
Hall, on Tuesday evening. Under the
direction of Nj. w. A. Lafferty, and with
Miss Adele Reahard as accompanies, the
following programme will be given:
PART FIRST.
J. tElUDJOl. .Brucn |
SoioiSts,
rr;tbtof Hr uoplri,so,
IngeDOrg. g.............M Miss Miller
Male Quartet
Charles F. Bende', first tenor: d. S. Thomp-
son, second tenor; Il. w. Drum, first
bass: w. d. McGill, second
bass, and chorus of
male voices.
Q Fantaisie-u Trovatore. Verdi /
Arrangement Ivy Dolphin Alard, op. 81.
Mr. karDachewsky.
PART SECOND.
ya. Unfold ye portals everlasting Gounod |
b. o praise the Loro. ............... Mozart |
Miss Miller and Chorus.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-12-11
HANDKERCH|EFS
Gloves and Umbrellas.

How would pair of Kid Gloves a handsome Umbrella
is of convenient FORM and be appreciated In any
day We have Kid Gloves ladies' gentlemen and
that will interest experienced shoppers
Our line of Silk and Gloria Umbrellas at from 81 s1s
novelties Besides giving good value initials engraved
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-12-11

Fans, exquisitely designed, from
Ioc to SI5.
Sofa Pillows, Silk Tides, Pin Cush-
ions and Pin Trays.
800 dozen fine Aprons from s5c to
s.. 50 each.
Fascinators in endless variety.
Children's Hoods-too cute for
anything.
Napkins and Towels.
Table Linens of finest quality.
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-12-11

Coastng Down Hill. Coasting on Level,
The newest thing out foF boys. girls and
adults, Patent Safety Snow and Ice Coaster,
1t will coast down hill, 1t will coast on the
level. 1t can be propelled up hill. Manu-
featured by the Pittsburg Novelty Co., cor.
Penn and Third streets, and for sale by all
dealers. dsll'223 ,
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-12-11

MIX QI'uIL IL show
~ in IN
Hemshch !
ndkehI
Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-12-11

Vases, Jewelry Cases.
Leather Travelling Toilet Cases.
Pocketbooks from 1oc to s..
Silver Picture Frames.
Fl1wer Pots and Plants.
Lambrequins.
Portieres of prettiest patterns.
Bric-a-Brac, our own special i'm
portations.
Cups and Saucers.
Beautiful Toilet Bottles.
Artistic Lamp Shades.
The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1892-01-31
N REBELLION.

party rising against an established Gov
ernment are rebels until they in turn es-
tablish a government. If the insurgents
are beaten they are proceeded against as
traitors. Most Governments have endeav-
red to discourage reY0lts by putting the
leaders to death The American Govern
meut was the first to close up a rebellion aC-
count without the sacrifice Of a life except
as the effect Of war Even the President Of
tie Coufeieracy lived a quarter Of a century
uumolested under tie Government he had
tried to overthrow. Our Chilean friends do
not seem inclined to fellow this example.
Although the party now in power was the
party TO revolt, they contend for the right
10 deal with their defeated adyersaries as il
the latter had been Insurgents aud they the
Government. There is a certain obligation
resting up citizens or subjects Of c0un-
try 10 defend tile Government. The point
10 which liberation Of wrong shall 20 in
obedience 70 this duty cannot be defined.
1t is a matter upon which opinion viii al
ways differ. When the American Declare
ton u Iudepeudenee was promulgated there
we're men in this country who c n,ended
that that point had not been reached Wash
iuglon, Jefferson. Adams and their C0mpa-
/ tr.0-s thought The point had been reached
and passed. But If the rebellion bad been
unsuccessful the leaders would ID all prob
ability have been executed. Bus the success
Of the rebel,i1n-that Is, the establishment
Of an independent G5yernmeut-dII not give
! them tie same right 10 condemn their OppO-
( Ients. Tories were not condemned TO death
+ for being Tories; they were punished for
crimes committed, but not for bearing arms
against the Government before twas estao-
/ Hshed. Recent correspondence from chile
indicates purpose on the part OF the party
now in power TO proceed against their late
adyeTsaTies as though their alu-War Tela-
tions had been reYerSed-as though the Ton
gres>i 0nal party lad been the Government
ana the Balmacedjsts the insurgents. Tie
Chilean c nEre5s had not at last accounts
given consideration 10 such amnesty meas
ures as tbeir defeated advrIsaries have a
right to eXuect. When country IS nearly
( evenly divided in political opinion one
party or the other must submit II the ma
The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1892-01-31
The SILVER RATIO.

Mr. BANDS free-coinage bill. as presented
in the House, contains a provision that
whenever France shall reopen her minis to
the free coinage Of silver our coinage ratio
shall conform TO that OF France changing
from 10 TO l to 15l% to l. 1t provides, also,
that thereafter our silver dollar shall con-
sist az 40 grains Of standard silver in place
of Ape grains as at present While this
proposition offers France a certain induce
ment to adopt free coinage, and removes an
obstacle in the way IF that policy, It
is making silver dearer in relation
TO gold than il is now. The increased
production of the white metal in re-
cent years has raised the question OF the
change of ratio should not be the other way.
But it is impossible to estimate accurately
the effect Of an International agreement 20
restore silver TO its former standing as
money. The fact that silver has been prac-
ideally demonetiZad Icy The leading CONNER
cial nations Of Europe combined with in
creased production, has lowered the market
value on the present ratio nearly 80 per
cent on a gold basis. Would the restoration
Of silver cause The white metal TO recover
that loss and maintain it at par on the
higher ratio of 1915 toll? If this question
should be answered in the negative, the
adoption Of that higher ratio would lead TO
a premium on gold, or what is The same
thing, the single silver standard.