davidaulloa/AmericanStories huggingface dataset:
The advocate and Topeka tribune., 1893-01-18

institutions have been largely curtailed
or cut off altogether, and consequently
the material Of which panics are made is
not in as great abundance as then. The
collapses which are constantly occurring
do not make as much noise nor attract
as much attention as the explosion Of
1873, because they do not occur simulta-
neously nor conspicuously with public
institutions, such as banks, as in 1873,
but nevertheless they are constantly
taking place in all parts of the country
in increasing numbers. All that is nee
essary to change this monotonoug rattle
Of isolated collapses into q general crash
is to restore confidence and credit. As
the collapse of 1873 is generally at
trbuted to an overextenBion of con-
idence and credit, restoration Of con-
fidence now, when the conditions are the
same, must pave the way to a new col
lapse, and would be placing a dynamite
for future explosions under the foundR-
tions of business.
1t is very necessary to understand in
what particulars confidence has been
lost before deciding that its restoration
is either possible, or under existing con-
ditions, even desirable. 1t has not been
lost in the intrinsic value Of real estate
or of any useful thing. 1t has not been
lost in the fruitfulness Of the soil, or in
the ingenuity, industry, or integrity Of
the people, the stability Of the govern-
ment, or in the productive powers Of
labor and machinery. Confidence has
not been lost in anything except the
possibility of maintaining prices while
the volume OF money is being shrunk by
existing legislation. Confidence has
been lost that capital invested in pro-
ductive enterprises can be returned with
q profit, or even intact, to the investors.
It's restoration while present conditions
remain is impossible, and would work
mischief if it were possible.
1t is stoutly affirmed by many that
the present staRnstion is the result Of
uncertainty as to the future value Of the
paper money Of the country. II there
were any such uncertainty. and il there
were, consequently, possibilities Of rise
as we'll as fall in prices, the adventur-
GUS temper Of the business men and the
people generally would cause active in
vestments and purchases, as was illuB-
trated during and Immediately after the
civil war, when such an uncertainty
really existed. The true cause of the
stagnstion is to be found in the oppo-
site fact. Instead Of being an uncer-
tslnty as to the future value of paper
money, it is the absolute certainty that,
under present legislation, paper money
must still increase in value and that
prices must continue TO fall.
The statement that there was any gem
eral rise in prices during the two or
three years prior to the crisis Of 1873 is
wide Of the mark. The highest range Of
prices attained was in or about 1866.
From that year on to 1878 there was a
general tendency to fall, but such was
the momentum which extraordinary me-
tallic supplies had previously given to
them that they continued comparatively
firm for seven or eight years after their
metallic support had become insufficient,
and after they were left to stand in part
The advocate and Topeka tribune., 1893-01-18

S~@N~eAN~B
tions than the total loss from all the
badly planned or unfortunate railroad
enterprises of q decade. II it were really
true that the labor lost in unproductive
works is the cause, or one of the prin-
cipsl causes, Of the present distress, the
future must be dark indeed for this
country, which has had an army Of un-
employed lsborers since 1873, that is
still being recruited as industries break
down, one after another, under shrink
ing volNme of money and falling prices.
If few years Of the misdirected labor
of 100000, or even 100000 men, has
brought on conditions under which
100000 are forced to be idle, the evils
to come hereafter from the present idle
ness of that vast number must be meal
culable and self-perpetuating. They
must prove an endless chain freighted
with constantly accumulating volume
of disaster, Pandora's box with hope
left out.
That species Of speculation in property
and securities which is described as
reckless and unsound, ID said to be one
Of the causes of the present distress
But even in gambling there can be no
more lost than there is won, and the ma
teriSl damage to the community cannot
exceed the worth Of the time of those
engaged in it. The rating Of property at
higher or lower prices could not result
in destruction of the property, or even
in the impairment Of its productiveness.
It would be deplorable if it were true,
but happily it Is wholly untrue, that the
prosperity of the prudent and industri-
GUS is at the mercy Of gamblers, Of what
ever species or degree.
A condition which is universal cannot
be explained by local facts, such as the
American civil war, the Prusso- French
war, or the sudden and great rise in the
price of English coal and iron in 1872-'73.
The last fact, and the commercial and
financial speculations in England con-
nected with it, are much insisted on by
English writer's as the causes of the
present state Of things. They forget
that the panic and depression in Eng
land in 1866 -'67- -'68 revealed the existence
there of an amount Of reckless financier.
ing, Of frauds in railroads, and of rotten
ness among bankers and merchants far
greater than existed either in England or
elsewhere in 1S72!73. The measure Of
comparison is accurately enough indi-
Gated by the Collie failure of 1875 for
100000, and the Overend & Gurney
failure of 1866 for $90OO0,OOO. That the
British financial collapse Of 1866 was not
felt in the United States is matter Of
familiar knowledge in this country. But
it was not even felt in Continental
Europe. There is British authority
journal of Statistical Society Of London,
volume "a, page 243) for saying that not
even a tremor Of the crisis of 1885, 80
terrible for England, passed across the
British Channel" The mischief was
confined to England, because there was
not then as now everywhere at work the
dry-rot of contracting money.
Devastations Of war in the years i'm
mediately preceding 1873 are assigned as
one of the conspicuous causes Of the de-
preston, and oftentimes by the same
philosophers who, by contrary process
The advocate and Topeka tribune., 1893-01-18

the United States. The peace OF Europe
during that entire period was substsn-
italy unbroken, and its unprecedented
advance in prosperity, following the Cali
fornian and Australian discoveries, was
checkered by no pause. The Prusso-
Austrian war was an affair of days. The
Franco German war was an affair of
weeks, and was only protracted to months
by seige. The war between Austria
and Italy consisted on the land of one
single days fighting, and on the sea Of
one naval skirmish. These several events
had political consequences that were
momentous, but were so confined
in space and time that their effects on
commerce and industry were obscure
and unimportant, indeed much less I'M
portant in these particulars than were
the effects Of the revolutionary struggles
in Europe in 1848-49. The assignment Of
the devastations of war as a cause Of the
present distress ia as absurd in it's logic
as it is erroneous in its assumptions of
fact. The financial catastrophe Of 1873
came, not because the progress OF man
kind had been previously checked either
by war, or other causes, but on account
of the precisely contrary fact, that this
progress had continued unchecked after
the supply Of metallic money had become
stationary or declining.
It is sometimes said that what is being
witnessed is a coming down to solid
bottom in prices. But the question Of
prices is a question Of the standard in
which they are measured. Wages at 81
per day, with currency Of gold and sill
YER, are as much on solid bottom as they
would be at lower range with currency
Of gold alone, and what are called bottom
or bedrock prices when the standard is
gold would in their turn be described az
inflated if new policy should decree
that money should consist only Of dia-
monds. Prices are nothing but the ex-
preston Of the relation between money
and other things, and in the end can
never express it otherwise than correctly,
and when SO expressed prices are on the
bottom wherever that may be, the range
of prices, whether higher or lower, de-
pending on the relation between the
volume Of money and other things.
1t ls maintained by many that existing
evils are the results of loss and lack OF
confidence, and that the sufficient remedy
would be found in its restoration. On
all occasions they portray in glowing
phrase the sbounding prosperity which
would follow if moneyed and other cspi-
tslists would freely exhibit confidence
by inaugursting industrial and COM
mercial enterprises. But it is to be OBJ
served that they content themselves
with recommending confidence to others,
while they are careful not to make q
practical exhibition Of any on their own
part. They seem, in short, to be un-
consciously influenced by the view that
while they might profit by the confidence
Of others, confidence on their own part
might involve them in losses The real
mischief is not the lack Of confidence,
but the lack Of any legitimate grounds
for confidence, and there neither will be,
nor ought to be, any revival or extension
Of confidence 80 long as the volume Of
money continues to shrink and prices
oonf;unn IN fall
Herald and news. [volume] (West Randolph, Vt.) 1878-1943, 1893-05-24
Grange Meeting

AT the grange meeting held ..
residence of EN-. Hamblett Il W - ue
ter, in December, many congrat.lo s,es'-
upon recoyeries and good besI,h '@'i0l a
given to the Red Clover remedv y were
cocks Gold Medal Sarsapar;lIa na0'
bined with Red Clover. Tbo.s eO'-
testimony were both host and bes. .,.-ss
Mr.. Hamblett received wopders oI's'''
suits in correcting bad stomach !,
Mrs. Hamblett surprised tboss =
knew her former condition By bsoo. 40
so vigorous after protracted feebIa-
from general debility.
Mr.J.M. Gould gave his testimo,r.,
recovering from dys pepsia. by Il, q.
after % years Of suffering. and an y,
er doctoring failed. The growing ~ s'.'
ularity Of this medicine as a bonsst5sF,
remedy is marvellous. '4
Horace Vincent, of East MoptDsl;..
seys "With rheumatism in one sbasl
der so ! could not raise my arm r. !.
my work (; | took Gold Medal Sarssrs 3
rilla and soon got relief"
This medicine Is sold BY r. G. Morton =
Evans x Co., N. j. Sargent & Son, A p IT y Z;
q Son, Z. NJ. Miller and Geo. W. Bush. '''''
Herald and news. [volume] (West Randolph, Vt.) 1878-1943, 1893-05-24
AN INDIANS GRAFTON.
Flying Clouds Mastery and
Thrilling Speech.

Worthy of Ingersoll, Blaine, Gladstone or
Bismarck-The Bloody Past and the Peace
full Present-Presented in a Verbal PIANO.
rama-Here IL Lesson to Heed.
The Indian is the most poetic race In the
world, in their relations with their own;
in their habits when not on the warpath ;
in their customs, songs, dances; In their be-
lief in the happy hunting ground, and in their
conceptions of the Great Manltou.
The following is an extract from the speech
OF Flying Cloud, famous Kickapoo medicine
man:
"Chidren OF the Great Spirit whose form
"a IN the air though invisible, am here To
tell you of our wrongs and of our rights
"Four hundred years ago Great White
Man sailed from Spain to lind a New World
Herald and news. [volume] (West Randolph, Vt.) 1878-1943, 1893-05-24
AROUND the g afnPfIfe.

The National G.. A. r. Encamp
ment this year will be held in Indian
apolis. A fund of sl50,000 has beer
raised for local expenses.
Department Commander Doty Of til.
Vermont Grand Army has issued Order
'No. ), which contains the following
announcements
William II. Taylor, Bellows Falls
H. A. Wedge, Montpelier; Edrick
Adams, Pawlet: Albert +. Dodge.
Barre j. ID. Hanrahsn, Rutland
c. T. S. Pierce. Vergennes, are APP
pointed from national headquarters to
be aids-de-camp on the staff Of COM
mander-in-chief.
The following additional aids-de-
camp are appointed to serve on the
staff of the department commander +:
]. p. Hawkins, East Wallingford; DIV.
Smead, Essex Junction; Charles Wells,
Waterbury; c. G. Gokey, Northfield; Jas.
A. Williams, Bennington; Amos B.Saw-
yer, Bradford; VIM. Drumming, Barton
James &. Conner, 2ichford; j. w .Currier,
North Troy; D. A. Gray, Waterbury; C.E.
Joslyn, Barton Landing; Alfred II Batch
elder, East Corinth; w. III. Edmonds,
GaysvilIe; James j. Manney, East Middle
bury.
They " ill be obeyed and respected
accordingly. You are requested to use
all effort to have flags placed on all
schoolhouses in the State before Me-
mortal Day.
The 27th netional encampment,
Grand Army of the Republic, will be
held in indianapolis, Ind, the first
week IN September next. They are
making great preparations TO entertain
the veterans.
Commander Doty further says:
To redeem my pledge made at Rutland.
fThat Vermont should take no backward
step this year, and in order to keep in
tact the few dollars we have in the treas
ury, this appeal is made; to raise money
to defray the expenses Of the Sherman
Military Band to accompany the depart
ment OF Vermont to the encampment.
They agree to go for their expenses. We
need to raise about 500. II every g. A. r.
Post in the State would give a trifie over
S6,or il every comrade would give 10 cents,
we should have sufficient. Make your re-
mittances to Assistant Quartermater Cen
eral Frank Kenfield, Mcrrisville, VT. Ac-
acknowledgement OF the fund received will
be made in general orders. II more than
enough is contributed 1t shall be set aside
as the musical fund to be used at future
encampments.
Herald and news. [volume] (West Randolph, Vt.) 1878-1943, 1893-05-24

STATE OF VERMONT, I In Probate Court, hold.
RANDOLPH DISTRICT. - en- In Randolph on
the 10th day of Nav A. d., 1886. William Robbins
admnistra or Of the estate OF Mary u. Pike.
late Of Chelsta
In said district deceased. makes application 10 said
court license sell all the real said de-
ceased representing that said sale will be beneficial
10 the h .irs and all concernedsin said estate.
WhereupOn Il Is ordered ie'
said court. that said application be referred to a
session thereof. TO be held at the Probate Office
IN Randolph on the 2ab day OF MAYA. ID. lSf3 for
hearing and decision thereon: aud II Is further
dered that all persons interested be notified hereof.
by publication 81 notice OF said application and or
der thereon three wee Ks successfully IN the Herald
aud News published Randolph before said time OF
hearing that they may anpear said time and place
aud. ~ they see cause object thereto. By the Court
te23s Attest Mui. Nclloi-, Judge
Herald and news. [volume] (West Randolph, Vt.) 1878-1943, 1893-05-24

The enterprising spirit of the Cosmo-
politan as shown in an elaborate paper on
"Telautograph,' the recent and wonder
full invention OF Prof. Gray, which repro
duces the handwriting or work of an artist
miles away from the place where the writ
er or artist may be- The second part OF
"Onega The Last Days OF the World" by
the French astronomer, Camille Flam-
marion. is in the May issue and is illus
trated by distinguished artists. A New
York daily paper is giving this novel com
plimentary notice, and critics the world
over are giving much attention to Mr..
Howel's "Traveler from Atruria.n
The purpose of the story is becoming
more apparent and grows in interest. Gill
bert Parker,t the English novelist, contrib
utes clever story and american Society
in Paris" furnishes reading of another
sort, but none the less interesting.
Herald and news. [volume] (West Randolph, Vt.) 1878-1943, 1893-05-24
Memorial Day speakers.

The following named speakers are al
ready engaged by Vermont Posts for Me.
mortal Day:
Bakersfield, Hen c Page, Hyde Park
Barre, Rev + L Goodspeed, Amherst, Mass
Barton, Hon w w Grout, st Johnsoury
Bethel, Rev Walter Dole, Lebanon n II
| Bennington, Hon w II Cook, Milford, Mass
Bristol, NJ Russell, Wilmington
Brandon, Hon f Ormsbee, Brandon
Bradford, w S JENNIE, Troy, VI
| Burlington, Prof. Emerson, NM
Cabot, A A Niles, Morrisvilie
Cambridge, Rev + J Ranslow, Swanton
Fair Haven, Hon Hugh Henry. Chester
Felchville, Hon w II Parker, Cambridge
Jaysville, Col Albert Clark, Boston
Hardwick, Rev E Snow, w X Junction
Hinesburgh, Goodrich, Burlington
huntington, Rev A G Spoor, Winooski
Hancock, Hon j { Baker, Rutland
Island Pond, Col G Fay, Lancaster, y II
Lyndonville, Rev c Bodwell, Lyndonville
Morrisville, Hon Henry Ballard, Burling-
ton
Montpelier, Rev W o'sullivan, Montpel-
Ter
Middlebury, Hon W P Dillingham;, Water
bury
Montgomery Centre, J K Fuller, Barton
Landing
Montreal, P QGov Levi X Fuller, Brattle-
Nortnneld, Hon Hogan, st Adams
Poultney, Rev ID Bruce, Poutney
Richmond, w w Lapoint, Barre
Rutland, Gen w G Veazey, Washington,
DC.
Rochester. Col. Albert Clark. Boston
Readsboro, Rev L A Alger, Readsboro
ST Johnsbury, Hon J L Remick, Littleton,
NH
Stove, Rev G A Emery, Pittstied
st Adams, Rev. ID { Croft, st Adams
South Royalton, Col T O Sesver, Woodstock
Springfield, Col A A Hail, st Adams
Tunbridge, f + Dean, Tunbridge
West Randolph, J A DeBoer, Montpelier
West Rutland, Levi ii 7 Barnard, West
Rutland
Waterbury, Hon + Palmer, Waterbury
Windsor, Hon Roswell Farnham, Bradford
Waitsfield, n Wheeler, Burlington
Wevbridge, Rev Edward Hawse, Burling-
ton
Nolcott, r II Hulburd, HYDE Park
Washington, Hon J p Lamson, Cabot
Wells River, Rev Mr. Buggy, Wells River
Waterbury Centre, Rev Robert Christie,
Waterbury Centre
White River Junction. Hon William Far
rington, st Adams
William stown, Tracy Jeffords, Washing
ton ID {
Herald and news. [volume] (West Randolph, Vt.) 1878-1943, 1893-05-24
Man nInenzInes.

The Century-always a sound and vigor.
Gus magazine-starts out afresh this
month in new and pleasant cover designs,
and a glance at its contributors is an as
surance Of its merit. 1.-THE Worlds Fair
is well represented by pictures and pen.
Mrs. Van Rensselaer, furnished a paper
with her usual grace OF style, showing US
how to get the most out of the Exposition,
and w. Lewis Fraser writes of pictures on
portions OF the Liberal Arts Building by
Melchers and MacEwen. "Sweet Bells Out
of Tune" comes to satisfactory conclu-
sion here, and must add to the luster of
Mrs. Harrison's fame. Short but very en- :
joyable is the story by Frances Swami
Williams, entitled "Mr. Gadsbury's Broth
err The papers OF personal interest are
exceptionally good this month, among
which we will mention the sketch OF the
"Alsska and California Explorer, John
Muir When Emerson visite Yosemite,
Muir acted as guide, and OF him Emerson
said, "He is more wonderful than Tho
reau,' and Muir writes OF Emerson, 'He
is the Sequoia OF the human race
Herald and news. [volume] (West Randolph, Vt.) 1878-1943, 1893-05-24

ave are scattered like leaves when au-
tumn winds shake the trees OF the forest.
ave, the ktckapoos, whose home WAS
cnce In Illinois, later in Kansas, and is now
in the land OF the Sacs and Foxes, are at
peace with the White Man. What we have,
that we will give to our White Brother
"0ur Kickapoo Indian Sagwa makes men
live TO be one hundred years old.
There are Red Men living who have
used IL ever since they were young men.
ahd who are now so old that they can only
sit, lie and sleep IN the sun.
"Our kickapoo Indian Oil Is the foe OF
pain.
our Kickapoo Cough Cure stops the hand
OF death.
"onr Rickapoo Indian salve heals and
cures all wounds, and our Kickapoo Worm
Killer preserves the lives of papooses.
sour .Sagwa'-go0d Hedicfge-is from the
great mother of US all-Nature All that Is
SONS on the plain. that hides IN the earth.
our Sagwa contains. II has preserved the
lives OF our warriors and our women.
"It acts upon the body like sunshine on
the trees and flowers, and gives life and
strength TO all who use IT, Men and wo-
men who partake OF II freely can only die
OF old age
"This secret which the Kickapoos alone
possess, they give freely to their white
brother. IL Is our richest Offering.
al have spoken. Let the voices OF the
world bear answer TO what have said"
without doubt the Indian has a profound
knowledge OF the mysterious herbs with
which they cure radically many forinid-
able diseases which baffle the greatest
physicians OF the world.
Those remedies can now be obtained OF
aay druggist or wholesale dealer. The
hickapoo Indian Sagwa Is one dollar per
uottle. Six for five dollars. The Cough
Cure Is fifty ana NIL the other remedies
twenty five centsepcr bottle. In using these
remedies, ~you may be- absolutely certain
that they are purely vegetable. that they
contain no acids or mineral poisonS. be-
rou fhta Indians a tfl-OtfffuTN nnfbfnr
OF these harmful drugs.
The kickapoo Indian Medicines are gen.
uine Indian made. How they came TO be
given to the world is fully explained in
our large hook, which we gladly send free
to all applying who care for IL sufficiently
TO write us enclosing three &c. stamps 10
pay postage Address liealy < Bige,ow,
81 Grand Ave, New Haven. CT
Herald and news. [volume] (West Randolph, Vt.) 1878-1943, 1893-05-24
New Books.

Two books from the house OF A. ID. F.
Randolph, New York, (price go cts. each)
commend themselves by their pretty bind
ing and clear type. One is by Margaret j.
Preston and is pleasing portrayal of life
on Virginia plantation before the war,
under the title of "Aunt Dorothy" OF
course Aunt Dorothy is the important
character, but there are young people
whose affairs furnish the romance of the
sketch, and negroes, young and old, who
furnish humorous side OF the picture
"Katle, Daughter OF the King is writ
ten by Mary A.Gilmore, and was original
ly published in The Churchman. Ii is the
sweet and tender story of two little city
waits, Katie and little cripple named
Sallie. II we mistake not, this little book
which Is well written and more than in
teresting be an inspiration to others
beside the Kings Daughters, in whose in
terest it was written. 1t is just the book
for Sunday school libraries.
Herald and news. [volume] (West Randolph, Vt.) 1878-1943, 1893-05-24

The leading topic in the Review Of Re-
views" as elsew here, for this month is
the Worlds Fair, and 1t urges upon its
readers the Importance of attending the
Exposition sometime during the summer.
Timid persons will welcome the assurance,
from so reliable source, that one may
visit Chicago in comparative safety. The
water is good, sanitation excellent, and
reasonable prices to be secured by fore
thought. Other articles of interest are by
Mr.. Stead on Frederick Selvus, the Afri-
can Hunter, = and a review OF Eugen Rich
ter's pictures of the Future" by Miss
Werner. The latter is a striking contrast
to Bellamy's Looking Backward His
Social Millennium being the opposite of
Richter's. Review OF Reviews, 10 Astor
Place, New York.
Herald and news. [volume] (West Randolph, Vt.) 1878-1943, 1893-05-24

When the twentieth thousand edition OF
''Sun, Moon and Stars" was called for, the
author, Agnes Giberne, gave the book a
thorough revision, changing some pas
sages, and adding much that is new show
ing the progress in the science of astron-
omy- Rev. G. PrichaId, Prof. OF astron-
omy in the University Of Oxford, says.sIt
is just the book for beginners in astron-
omy-" One can not read these pages with
out having a greater sense OF the great
ness OF the Maker. and Controller OF the
universe. The book is very pleasantly
written and is in every way desire bic for a
Sunday School library. The American
Tract Society publishes the book in good
form, with illustrations for s1.25.
Herald and news. [volume] (West Randolph, Vt.) 1878-1943, 1893-05-24

Arnold & Co. have issued "a Philadel-
phis Cook Book by Mrs. Z. T. Rover, the
principal Of the Philadelphia Cooking
School. The book is OF good print and
there are blank leaves scattered through
the book for added recipes. Mrs. Rover is
the needs OF the body as to food. She
knows how to cook and how to teach so
that novice may become skillful in the
culinary art. Every recipe in the book has
been tested and found correct and there
are recipes for nearly everything eatable.
IL contains many valuable suggestions
about saving and the use of "left-overs. y
combination OF foods and their adaptation
to the body. The covers are waterproof
and "grease proof, and can be cleaned as
often as need be, and altogether it is a
work to be heartily commended. Price.
si.75.