davidaulloa/AmericanStories huggingface dataset:
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-06-27
EFFECTS OF THE ACTION.
New York Bullion Sellers Hold
Different Views.

New York Bullion Sellers Hold
Different Views.
New YORK, June 26.-The cessation
of the free coinage of silver by the gov
ernme MT of India was fruitful source
of conversation amoug the fnanciers to-
day. Business was resumed this
morning with general feeling of de-
preston growing out of q combination
Of unfayorable circumstances. Fresh
failures from various parts of the
country and stringent money were a
good foundation for the announcement
of the stoppage of the lndian silver
minis. A prominent banker, who Is
also one of the heaviest bullion
dealers on Wall street, said to
reporter when the announce
ment came "that is "a crushing
blow to silver. The effect will be par
alyZing to the whole silver market, and
think the settlement of the whole
silver question in this country is now at
hand. The basis of the currency OF
India is silver. The minis have been
open for free coinage, and such immense
quantities of silver has been presented
by private parties, and the circulation of
silver became so great that the price of
the Indian rupee has been steadily de-
Ginning for months. This has brought
about the suspension of free coinage.
1t has been done by the official class OF
the country. Their pay is in the India
rupee, and they were beginning to SUI
fer seriously from Its depreciation in
value"
Still another larger bullion shipper
had this to say:
II don't see how the action of the
Indian government in closing minis vii
much diminish the demand for silver in
India. India is q creditor country and
do not see how her balance Of trade is
to be settled, save in the old way, by
imports of silver. Ii the minis are
closed to private persons then the gov
eminent will have to import silver for
coinage purposes in place of private
parties. The only possible way IN
which India's demand for silver would
be lessened would be by the cessation
of the expansion of her exports in con-
sequence of the low prices OF her silver.
Last year the excessively low price of
silver made the total imports by India,
China and the, straits very much larger
than the average of previous years,
and SO far this year the imports by
these three countries are ahead of last
year. The government will be COM /
PEELED to do as the Indian banks do,
i. e.. buy silver in the market in Lon
don. 1t is not stated this morning
whether the gold value of the rupeeIs
fixed at 10 pence, but from the rise of
rupee paper in London it would seem
that this is the case. The effects of teis i
is that. SO far as the Indian trade is ed,-
cerned. the fall of silver is stopped.
Those who will gain by any further fall
in silver will be the Indian government,
who will make the difference between
bullion value of silver and the coined !
value. as our government does here in
every silver dollar coined. The depre-
citation of the rupee, however, is stopped.
ticIpation of this action. We don't see
that, beyond sentiment, the silver mar
ket will be grearly affected"
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-06-27
GREAT MONEY INVOLVED
In a Ponderous Attachment Case
at Fargo.

Special to the Globe.
FARGO, N. D., June 26.-One of the
most complicated cases ever tried in the
Cass county court house came up before
Judge Mcconnell yesterday morning.
The case is that of the Northern Pacific
elevator attachments, in which the
Canadian Bank of Commerce, Bank OF
Toronto and John Henry Harrison are
plaintiffs and the Northern Pacific Ele-
vator company defendant. Action is
brought on promissory notes to the
amount of s35O.0O0, on which attach
ment was made about three weeks
ago. Newman. Spalding Il PHELPS. of
Fargo, and Billson and Congdon, of
Duluth, appears for the plaintiffs, and
Benton & AmIdor, of Fargo, and Davis,
Kellogg q Severance. of st. Paul, for
defendants. a motion has been made
by the company's attorneys to dissolve
the attachments, and arguments of the
motion were finished today. The mag
nitude of the cases may be grasped
when 1t is stated that three expert
bookkeepers and wagon load of ac-
count books are part of the evidence,
and the legal works citing authorities
would almost make wagon load.
Senator c. X. Davis, of st. Paul, is at
tending the case in person.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-06-27

will recover from the shock. 1t is
pointed out that her exports of merch-
andlse and cereals largely exceed her
imports, and now that the value
of the rupee. the current money
of the country, is definitely fixed at one
shilling and four pence (32 cents our
money!, the loss which she has suffered
heretofore In the fluctuations of value
of the rupee will be done away with,
and by many it is believed that the large
hoardiEgs of gold known to exist In
India will soon begin to be brought
from their hiding places and converted
into coin. During the last fifty years
the net imports of gold into India
aggregated about sS0O,0O0,O00.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-06-27
THR UNHAPPY MAN.
George Kraft, of st. Paul, Fails
to Get Dakota
Divorce.
He Weeps and Declares He VIII
Never Live With His
Wife.
Snnnial To the Glnhn

Special to the Globe.
SIOUX FALLS, S. d.. June 26.-George,
Kraft. the st. Paul photographer who
applied for divorce and whose case
was tried month ago. before Judge
Andrews, has failed to get his decree.
The court has just handed down its de-
cision in which the decree is denied,
the plaintiff having failed to make out
case. 1t is probable that the case will
be dismissed without prejudice and
that Kraft Will try it again after he has
procured more evidence. When Kraft
heard of the result of the trial he wept
bitterly, declaring that he would never,
live with his wife again. This is the
second time in the history of the colony
that plaintiff has failed to secure a
decree. The other instance being that
of the playwright, Herbert Hall Wins
low, of New York.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-06-27
The Presidents Departure.

WASHINGTON. June 26.-The time of
President CleveIand's departure from
Washington for his summer home in
Buzzard's Bay, Mass. has not been def
nitely set, but he will probably leave
Washington during the first half of
July. 1t is certain that he will remain
at the White house for another week,
aud there is likelihood that he will
accept an invitation of Senator Camden
to spend few days fishing in West
Virginia in about two weeks.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-06-27
Northfeld Budget.

Special to the Globe.
NoRTHFIELD, June 26.-Law Bros,
one of the oldest firms in the city, have
dissolved partnership. James law will
continue the business.
Prof. Pringle, who has been principal
of the city schools for the past two
years. has resigned. He will go to Au-
rora, ILL.,, where he has been rendered
the principalship of schools.
The Rice County Agricultural asso-
citation held a meeting this morning and
elected the following officers for the en-
suing year: w. E. Moses, president; P.
|. Becksted. vice president; CHI. Pierce,
secretary; j. A. Lawrence, assistant
secretary; John Miller, treasurer. The
fair will be held Sept. Ii, 10 and 16.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-06-27
WAS 1T ELoPEMENT?
A Quiet Little Affair of Romance
at St. Cloud.

Special to the Globe.
ST. CLOUD, Mimi, June 26.-What
has undoubtedly been romantic court
ship eliminated in st. Cloud Saturday
last. when William ii. Siebes and Miss
Dorithia L. E. Drufy, both of New York,
were quietly married at the home of
DIR. j. II. Dewart, pastor of the Metho-
dist church. The couple came to st.
Cloud Friday last, and registered as
William II. Siebes and wife, New
York." but the gentleman gave the
clerk distinctly to understand that they
wanted separate rooms. After the quiet
marriage ceremony Saturday night the
couple returned to the hotel. Yesterday
the bride left on west-bound train for
Tacoma, WASH, while Mr.. Siebes went
to New York. 1t is more than sur
missed that the young people eloped.
and came here to be married without
interference. 1t is said that the fair
bride is relative of the celebrated
Drury Lane family, and is one of New
York's society people, and that her hus-
band is also prominent In business and
social circles there.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-06-27
WILL TAKE A BRIDE.
Ex-Congressman Giif1llan to Wed
Washington Gossip.
Special to the Globe.

special 10 the GlODe.
WASHINGTON, D. c.. June 26.-Ex-
Congressman John B. Gilfllan will be
married in Chicago on Wednesday to
Miss Malvina Coppock, stepdaughter of
Capt. r. c. Taggart, formerly of Ohio.
The bride is resident of Washington
and is young and beautiful. The mar
rage takes place in Chicago because of
reunion of the BRIDES family at the
worlds fair. Hon. 2. Fl. Kelly left for
New York this afternoon. John Day
Smith called on Commissioner Lochren
today in the Van Buren, matter, and
asked whether the cases commenced by
Van Buren, can be carried on. The
Judge gave him no satisfaction and in
timated that the Iowa man will get no
favors from him. and that these cases
will have to be turned over to another
attorney.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-06-27
Firecraokers will Be Higher.

WASHINGTON, June 26. = Acting
Secretary Curtis, of the treasury depart
ment, has practically raised the price of
Fourth of July frecrackers. He has de-
eided that in assessing imported fle-
crackers at the rate of cents per
pound, account must be taken of the
outside coverings, as well as of the in
side coverings, as to do otherwise would
be making an allowance for tare which
is expressly prohibited.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-06-27
Cowboys Nearing Chicago.

LINvILLE, ILL.,. June 26.-Berry, the
leader in the cowboy race, passed
through here at $50 p. M, stopping q
few moments to water his horses.
Smith passed through at $3.50 D. M, and
Gillespie followed short distance be-
hind. The three leaders hope to reach
DeKalb about midnight, aud after a
nights rest will start for Chicago at an
early hour.
DUBUQUE. To-, June 26.-Doc Middle
ton arrived here at $50 this morning
and quit the race. His horse was
shipped TO Chicago.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-06-27
NERVE AND A GUN
Relieved a Moorhead Bank Of
So, in Gold.

Special to the Globe.
MooRHEAD, Mimi, June 26.-About
p. m. today an unknown man entered
the Moorhead National bank, and, pre-
senting revolver at Bookkeeper Van
Vlissengen, demanded the money.
After securing $4,000 in gold and cur
rency he got In buggy and made off.
He drove to the Red river near the
courthouse, where he left his buggy,
and swan the river. Posses have gone
up the river on both sides, and it is
thought the thief will be caught. In his
buggy, when found at the river bank,
was $40 in money and box of 44-caliber
cartridges,
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-06-27
Alliance at CaIlao.

WASHINGTON, June ga cablegram
was received at the navy department
announcing the arrival of the Alliance
at Callao, where she was ordered when
trouble was threatened in that country.
The dispatch said noghing of the state
Of affairs in Peru.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-06-27
To Fight for Silver.

WASHINGTON, June 26--The free
coinage men will open headquarters
here in few days for the purpose OF
the dissemination of free silver litera-
ture and the assignment of speakers to
advocate the cause of the Western and
Southern states. They intend to make
hot fight for the white metal.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-06-27
Prominent Physician Dead.

Special to the Globe.
ADA, MIMI, June 26.-News reached
here today that DR.. q. q. Bennett, a
prominent physician ami mayor of Hal
stad, died very suddenly today. The
cause of death is as yet unknown.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-06-27
CASUALTY CHAPTER.
Three Horrible Deaths by Acct
dent in and About st.
Cloud.
Explosion of q Cannon at Bath =
Drowning and Other Ac-
cidentS.

ST. CLOUD, June 26.-Lizzie. the six
year.old daughter of Mr.. and Mrs. Jacob
Baumel, of Richmond, this county, met
with horrible death yesterday. On
Saturday, while walking backwards in
the kitchen, she fell into tub of hot
water. She was so badly Scalded that
she died from the injuries yesterday
noon.
Killed by the Cars.
Alfred Milligen, of Butte, Mont. en-
ployed as a brakeman on the Great
Northern, was instantly killed while
coupling cars at Albany yesterday. His
parents live at Winston, Mont. and the
body was taken to that place tonight by
Prof. Joseph Carhart, representing the
Odd Fellows lodge, Of which the de-
ceased was member.
Child Run Down.
A sad accident took place at Milaca
Saturday evening, when the station
agent at that place, Frank Sylvester,
found the mangled remains of his nine
year-old son on the track soon after the
Eastern Minnesota train had passed.
The child was run over while playing
on the track.
The Cannon Exploded.
ABERDEEN, S. D., June GA party
of young men and boys improvised
cannon out of a section of an old pump
here this afternoon and loaded it with
powder and sand. 1t exploded at the
first shot, lnflicting very serious if not
fatal injuries upon Charles HOgaboorn,
a grain buyer. and slightly injuring
boy named Massey. Hogaboorn lost all
eye, finger and thumb. and is bruised
and punctured with slivers from head
to foot.
Farm Hand Drowned.
NoRTHFIELD. Mimi. June 26.-Chris
Olson, aged twenty, farm hand work
ing for Mrs. Lorimer, was drowned yes
terday afternoon while swimming at
Lewiston dam, five miles below here.
He could not swim much and was
caught by the current and carried be-
yOnd his depth. His body was recoy-
cred late last night.
Killed by a Kick.
FOREMAN, n. D., June 26.-Martin
Schuster was so badly injured by a
kick from horse yesterday that he
died this afternoon after enduring
frightful agony.
Jumped From Train.
MASON CITY. To-, June 26.-Mrs.
Mary Muth, resident of Monona. To-,
Jumped from a moving train here this
afternoon and had her left leg crushed
so badly that amputation was necessary.
She is in critical condition.
Drowned in Lake Rebecca,
HASTINGS, Mimi, June 26.-Horace,
the tweIve-year-oId son of j. S. Mills.
was drowned In Lake Rebecca this
afternoon, while bathing.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-06-27
MINERS LAID OFF.
Minnesota Iron Company Re-
duces Its Force of Men.

duces Its Force of Men.
DULUTH, June 26.-The Minnesota
Iron company, operating the Minnesota
and Chantler mines, has laid off over
200 men and, for the first time in the
history of the mines since they began
shipping, they are mining with day
shift only. The cause is said to be the
depressed condition of the money mar
ket. The Zenith mine at Ely has been
closed down entirely and the pumps
taken out. The latter fact is conclusive
that the company anticipates no further
operations this season. They have
about ZOO tons in stock.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-06-27
Two New PostnrasteHy.

WASHINGTON, June 26.-The presi-
dent today appointed the following
postmasters: Iowa. J.:S. Root, Charles
City; South Dakota, William A. Daw-
ley, Sturgis.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-06-27
Movements Oh steamships.

NEW YoRK-Arriyed: Ems, from Bremen.
QUEENSTOWN = Arrived: Arizona, New
YORK for Liverpool.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-06-27

-
Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1893-08-06

In good Old colony times.
In having thee 80 sorrow.
heard q we bird singing.
! cannot cling the old songs.
| love the inoffy tpfingilmc.
| liule dfeaait when hisi / saw
IN o.cr young - marry yet.
TN G ddrnfUr lacl o Johnnie
| would ! were q cafcltsseAlll
III had but a ilioufaiid a year
IN meet you BY the tlfeaillot.
| saw her ~ tho Vidlet time.
{ whistle and walt for Katie,
Jack spfat ceull sAtun ~.
Jack and Jill went tip the hill.
lcflic, the flowcr o. Dulnhlanc
Joy oaee more fillsnly hrcaai.
Just v Thin tic hafbor bar.
King Niilafs drinking morn.
u iud vorii can never dc.
kissing over the garden wall.
Little man and lille maid.
Listen 70 Tia hlEhllngale.
Little bird On the gTtsn tree.
llgAt divinoaruund ne falling
Make me no gaudy chAplet,
Ny home 10 yondef. valley.
Mother, vatSh the lliilo fscl.
Mountain made invitation.
Ny heart lstalf f1r somebody
Ny Johnny was a shoemaker.
Ny love tile'a but a lasiie yet.
Ny love waits there for me. =
Nobody going to marry me,
Oh, hatie crimson morning.
Oh, take me back to SNiirerl'd
y had wing Ike a dove,
Gus green bank, gentle Mary
., Ch4Fisy Is my DAZZLING.
o,Nilie hteucda peck o maui
y, latiic. an thou sleeping yeti
Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1893-08-06
The Patron Saint OF All Fishermen
the World over.
rozr wAKEMAN's wANDERINcs.
Nations old-Time Presence stiII
Memory Halo Upon the Streams and
Wales fHampshire-Hi Grave in
Winchester Cathedral


lCopyrght 1873, by Edgar l.. Nakenan.l
London, July -, 1888;
No single work written within The
last 80 years has had 80 universally 80
wholesome influence as izaak Nalicns
Complete Angler and can call 10
mind no other writer who has. during the
same period. through his sweet aud
calm personality and work. - held. u
often unWitUHgly and unre1lized. what
may be termed THE literary conscience
OF mankind 80 tenderly close to the tran
QUILTING touch q natuFe's OuistEciehed
fender hand.
This Is not only a fact Of excellent
Significance A. showing the value and per
manrucy Of purity alh simplicity in ali
arts. but Il is tribute to hcalihfuiness
Of motive in s1uyiit-fUr source Of insp!u-
ton by literary people; and it. accuracy
is easily shown, II needs be. ia AL i'm
pre=siTe manner By eiuuyu. contrast
and Illustration from the best known
literature between Wail0n's lime and
this. IL many instances Il has becn
clearly ACKNOWLEDGED by Ateratry men
themselves. In others. the ideniincaton
Is ~ clear and fr1ie ~ udul ~
10 possible doubt, The fraukest, though
still indlTe,t and the uiust clearly traced
indebtedness u ,his grJ8r' H- inlurii-r
to Haturc-l0rius M ihose s-.yse genius
tr1nsnIis tnc s1'-r Arybl- gAIlAg D.
Others. j. made 0y taat MASTER VI Eng
lish prose, Washington lryias
While under the spell OF Walton be
becaue for the rgaeg au anger. II
hooked myself. Ae clnrmiuely eJnfrsses,
INSTEAD u tie fish. tans.el my iue iu
mod -. ,,, ~. ,,ti.,-.,,- ia, J..tttfy
49,, -,- ~. a. 49,,
~ 1i t,.-t 80, 80, ~,
~ .5-,i,. ~, ~ &c. .,,1'l.''.-y
-'i-s
aia inr f1i-i ie,,'i.'Ss iiiat a4d u.,A l.,i, 2.
49, ~ =. ~.
49,, s.,.-. NJ. 49,.
-, - ~
-. -.
~ -.
H. ,Nf 20, ~, .,.i
I'M ~. -Ni 800 "a, sHe p. ~
!" h 500 81 '''i''eI ''-'H
OF ue 80
iiaNl' ~, AZ. laT tl.is
s-- 1880 ~ ~. a.
illis.' wv ny Ii'5r.ri VI hat'I,
H3.-' "e.is !hn ilhIf,i,ta' IA4i li.-
uNl" I" N'.inh power NJ" pHis insil-
t~'li- ~ 't"S h. "i mtsA N"il'l
1872 -.'iiNI} 'sr "l 'Ie uNrt
i'ai.iiaI eAp5,--i'n, Of piii-t aaA rev,
''l'H %" iF ,H-4 ih "yi i-aTlds. Hhl
" ~ 'A.S li,Dnt- 70 Nalon I-i'rs 'i
1850 "l'l s'''' A"'i'li' ly'AHe AlN
s- N'fl-N"fih asalh
Dst-t7 'lti" 20 iHia 'l+''''APAi h"'e STRAIN
% yr'--f
aFr ID" '+i"is 30 ihr ialIrst
~
lNf n' ii'',' Inc i'aa'F whence
-, l"r lhn
n ! 81 u Mt
Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1893-08-06

Al could haa soldier.
Al, when VI gay Fu.targ
Awake, my love awake
Away wlillineiancholy.
A life or the ocean wave
a hunting We willFo.
All on account Of EliIa,
All, there, stay there.
Believe me, II all thos
endtaring.
Bird u the Greenwood
Huitnthat fatal moment
Birih Of Saint Patrick.
Hue bell Of Scotland,
blue honnels are owe
the border.
Battle uf Otter bourne.
COMM thru the fyr.
Chrlsimhs bells At sea.
Come fest In thisbusunl
Charley over the water.
Come under my pleidlc,
DO not eaft him down.
DON'T urrct old Ireland
Dnnt ltaYc int, Johnult
Darling, goodnight
nntNnn 20, Tommy.
DC wtrhi am Rhein,
lts deuischen fateflantl
Don't fofgti TO write.
DuEn In o coal mine. :
llpwers Of tic flfrsi.
ltvwellto fsnehaber.
iarwellt1 Ballochnyle
lafsscll 10 the forrest.
Freedom, God albright
Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1893-08-06

HHHHHHf - HH'HH ~ 49,
All, whsrl is now the court
All, Ills you, Madame Dafrai.
Am not f1ndiy thine ovnf
All among the summer roles.
Annie o the banks o. Dec.
4 mans q man for a. thsi-
a wet sheet and & flowing sea.
liHunocks o. barley insaL
Bonnie Tan the hurnie douu.
barney, leave the girls alore.
by The blue Alsatlan mduni'nl
Trad and cheese and klsres.
behold the morn 10 hfeaklus.
Come with the gipisy birds,
Come hatii 10 the wedding.
Come sing nc that sNeet air.
Golumhla, rem OF the ocean.
Cume In and shut tbs door.
Captain with his Whiskefs.
Could We hut lingerthere.
D0wny jail birds ofa feather.
bear little Innocent things
Oars = lock on dc eiieke
coop door.
Douglas, tender andtruc.
DE cooh's salvation army.
DO they thinkof me At home.
Elegy on Madame Hlalke.
Five O'Clock IN the morning..
lloN geuuY, swcet Anon.
Fish q all kiEdf she carried.
lreen ROY the rushfs, o..
Good night, and ioyNr you a
Gallant Jamie went a uooing.
Hank, bark, the dogs do tsfk
lie stole my tender heart aNal
I've cared on bcauiyr brow.
4 am G bllthet0ine maiden.
IL vas here In aoecutf Gueeier
] come from L happy land.
have trlct not 10 love Won.
Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1893-08-06

Prayer during battle l.
ROD 10y MatluFof.
Rose, charming Ruis
Sing tOug OF si1penet.
sparkling Sunday night
Song Of the tLylark.
Spring, gentle sptinE. /
switlcf : song VI home.
Scenes thatAre brightest
scarcely could ] liellsre.
The dawnlng ofthe dAy,
The lainl o Cnekpen.
There u never be peaee
Three children sliding
on the Ice.
The Gill that keeps toe
peanut stand,
'Thefc wasan old woman
who lived In a shoe.
The widow Ia a eostass
by the sea. i
There was a maid wenil
t. the mill.
The monkeys wedding. !
Tie all that | can say-.,
THE picture on the vnli-
Thats the idep t1aaly
lTislattcr not tn knos'
lTho,i'rt ikea flower.
lfwickenham ferry,
TAKE bnckihr hest.
1.-The heart b1v d down
The brides farewell
The nniustfcls return.
The old Oakcn hueket,
1.-The letter In the caudle. '
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1893-06-16
Silver Purchases.

What is the use of denouncing the
treasury department. for purchasing silver
at the lowest possible price? The an
nouncement that the acting Director of
the mint had bought 66S, 900 ounces of
silver at SO cents and fraction, and had
rejected offers above that amount has
given opposition papers fine chance to
groan.
What kind of business capacity would
be shown by acting for the government
on the opposite principle to that which
governs private transactions Would it
have been proper for the acting director
to choose the higher bids and reject the
lower? Yet some of the papers gone
Grassy on silver seem to think that was
what ought to have been done. The
officer is but the agent for the people Of
the United States, and would have been
derelict in his duty if he had not made
best terms possible.
Everybody in the west would like silver
to appreciate in price. But we do not
think sensible men who are interested
financially in this question want to see it
advance temporarily by government
purchase above the offered figures. If
sellers are willing to take 49, cents, on
what rule OF commerce or propriety,
would the government agent be justified
in giving more?
The law requires purchases of silver
bullion to be made at the market value.
That can only be determined by the rates
at which it is offered. The lowest figure
must be the basis on which to buy or the
agent VIII nos be using the same business
prudence as he would exercise for him
sell. While sellers are ready to take the
present low prices for their silver, the
white metal viii be down in the market,
and the government has no right to force
If up by any kind of favoritism.