davidaulloa/AmericanStories huggingface dataset:
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-11-30
LOCAL GRAIN AND PRODUCE.
a Quiet Day I'm Trade Circles, with
SuCara Weak md Oils HIGHER.

n Quiet Day In Trade Circles. with
Sugars Weak and Oils Higher.
In the wholesale trade IT was very quiet
yesterday as usual preceding a holiday.
Sugars go off another &c. Linseed oils
advance &c per gallon and bromide potas-
SUM is higher. To-day begins the first
quotation on raw furs and all kinds of
game as the receipts are beginning TO be
quite heavy. In other articles there were
no changes calling for mention. The at
tendance on Change yesterday was slim
and the bidding spiritless. there being no
change from the bids or Tuesday. There
will be no session of the Board of Trade
to-day.
wheat-No. 2 red. size; No. 9 red. SIC; re-
jected, 40050c; wagon wheat, SIC.
Corn-No. 1 white, S5lzc; No: 2 white. SIC;
No. 3 white. Sf1ec; No. 4 white, Doe; No.
2 white mixed, 3415c: No. 8 white mixed.
low, sac; No. 5 yellow, 3S1zc; No. 4 yellow,
3Oc; No. 2 mixed. 3f1@c; No. 3 mixed. 34c;
No. 4 mixed, SOc; ear corn; S5c;
No. 2 mixed, 29c; rejected. 23Q25c
Hay-Chcice timothy. $12; No. 1, s11.50;
No. 2. $50; No. 1 prairie. 500; mixed. S.;
Rye-No. 2, 45c for car lots; 4Oc for wagon
Bran. SIP.
Poultry and other
prices Paid by Dealers)
Poultry-Hens. sc per 10; young chick
ems, 512c per Id; turkeys, toms, sc per Id;
hens. &c per 10; fancy large young turkeys,
&c; small and poor, &c; ducks, &c per 10;
geese, $4.20 per doZ. for choice.
Game-Prarie chickens, A.75Q5; grouse,
S.J0a4; mallard ducks, $3.50; black, $50
go; quail, $1.75q2; venisOn saddles, l5Q11c;
carcass, 10G11c.
EggS-ShipperS paying pc.
B~utter-Choice, 15Q16c; mixed, 10q12c.
Honey-New, 1S420c.
Feathecs-Prime geese, 40c per 10; mixed
duck. 20c per 10.
Beeswax-20c for yellow; 15c for dark.
Wool-Unwashed medium wool, lee; I'M
washed coarse CT braid, 13d1ic; unwashed
fine merino, 10G13c; tub-washed, 1SG23c
bury and cotted wool, 3 to &C less than
above prices
RAW FURS.
Following is the price list for central and
northern Indiana and Ohio for prime skins:
Extra coon, $1Q2; large coon, soc; medium
coon, Soc; small coon, 40c; large mink.
medium mink. soc; small mink. soc;
black skunk, $1Q1.25; half stripe skunk, soc;
narrow stripe skunk, &c; broad stripe
skunk. lie; opossum. 5G2Oc; rat. S61Sc;
red fox. 50cG$1.25; grey fox. 40d65c; otter,
&qS; Kentucky skins, 1Oq2O per cent. lower
than prices quoted above.
HIDES, TALLOW, ETC.
Hides-No. l green hides, 21Gc; No. 1 G.. S.
hides, 3Ac; No. 2 @. 5. hides, CSC; No. 1
calf hides, &c; No. 2 calf hides, 31sc.
Tallow-NO. 1 tallow, 4$4c; No. 2 tallow, &c.
Greese-White, 4l2c; yellow, SIZE; brown.
Sc.
Bones-Dry. S2a13 per ton.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-11-30

Receives deposits in any sums for
any time, and pays interest thereon,
but does not receive demand deposits
nor.do a banking business.
Takes charge of estates, real and
personal, acts as assignee, undertakes
guardianshIps, fulfills the office of
trustee in all Its applications.
With a perpetual existence, with
vast financial responsibility, with Of
ficers and directors chosen for their
especial fitness by reason of knowl-
edge and experience, the best, most
direct, and most economical service
of this kind is thus afforded.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-11-30
Elsewhere.

NEW YORK. Nov. 29.-Beeves-Receipts,
], 135. including So head on sale. The market
was very duh and a shade lower on ali
grades. Native steers, good 10 prime. $40
M515; fair to medium, 80; common to
ordinary, $3.750A10; Texans and Colorados,
s. 25nl.30; bulls, S2.4OI2.S5; oxen. S2.55G425:
dry COWS, $l.15G2.0. European cables quoted
American refrigerated beef at 94c per
pClnd; American steers, 10010kc per
pound, dressed weight. Exports today,
:. 800 quarters Of beef: tomorrow. 62s beeves.
Calves-Receipts, including 397 Western
direct, were 64; freights slow and quiet.
Veal. $5@5.S0; Western calves, 2.75.
Sheep-Receipts, including II cars direct,
1866. The market was fairly active but
steady. sheep, poor to prime, $2QS.50;
lambs. common TO choice. S3.J0G5.
Hogs-Receipts. 9.734 The market was
steady at $5.5016.2.
EAST LIBERTY. Nov. 29-Cattle-Re-
ceipts. 706; shipments, 40. The market was
draggy. Prime TO extra, &d5.25; fair to
good. $470a4.90; common to- medium, $500
4; good feeders, S.60G4; fat cows and heif-
ers, $2.2593.2o; good bulls. $2.25G3: bologna
cows. Sql2; fresh cows. S20Q40. Twenty
cars cattle shipped to New York to-day.
Hogs-Receipts. Ls00; chipments. Loo.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-11-30
Dry Goods.

NEW YORK. Nov. 29.-The general feat
ures of the dry goods market are I'M
changed. The auction sales are fairly at
tended, and the prices realized, while show
with competition in some cases quite sharp
and prices unexpectedly full. There is some
increase in business in staple c~ottons, the
recent firmnesS IN the market for print
cloths serving to tone up the market in
general for common goods. Print cloths
hold firm on the basis of Sc for siXty-four
squares, with n full business in progress.
Prints and printed fabrics show increasing
interest as TO goods suitable for the spring
trade, which is also true of ginghams and
woven goods, without further change of
prices. Dress goods ruled quietly steady.
The market for WOODEN goods remains dull.
The iobbing trade reports a larger interest
on the part of the buyers, especially in the
way OF cotton and prints.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-11-30

Cash quotations were as follows: Flour
unchanged; No. 9 spring wheat, 62hc; No. 3
> corn, 35c; No. 5 yellow corn, 34hc; No. ,
oats, 2Sl9c: No. 2 white. S03aS1c; No. 3
white. 2shq29lRc; No. ? rye. &c; No. , bar
No l faxseed, $l.le@1.1 49,; prime timothy
seed. $40; mess pork, per brl, sl2.75G13;
lard, per 10, S.20QS.25c; short-rib sides
0oose), 7G7.15c; dry-salted shoulders (boxed),
6.6212d6.7 Toe; short-clear sides CboXed), 7.750
Sc; whisky, distiilers' finished goods, per
gal, $1.15; sugars unchanged.
on the Produce Exchange to-day the but
ter market was quiet; creameries, 2G25c;
dairies. 1Sq23c. Eggs firm; strictly fresh,
22a23c.
bu; corn, $4,000 bu; oats. 299. 600 bu; rye,
1900 bu; barley, $4,000 bu. Shipments-Flour,
11,00 brls; wheat, l0l, GOO bu; corn, 2I6,000 bu;
bu.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-11-30
Her Indignation.


4 pretty little woman came out Of q big
dry-soods store the other day. Her eyes
we're flashing fire and aer face was flushed
with Indignation.
What's the matter?' inquired a friend
who met her at the door.
why" she said, 81 just saw a man do a
thing I'm there that makes my blood boil. I
went over TO the dress-goods counter and
found him there sitting on q stool and let
ting his wife stand. When L came along
he got up and offered me his seat. And his
wife stood there meekly and never said a
word. II he'd been my husband would
have snatched him baldheaded."
Can you blame her2
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-11-30
Oils.

OIL CITY, Nov. 29.-National Transit GER
tificates opened at 75c; highest, 75lsc; low
clearances, $780, 900 brls; shipments, 81, IA brls;
runs, 96,949 brls.
WILMINGTON, Nov. 23.-Rosin quiet;
strained. SOC: good. 81. Spirits of turpentine
steady at 26lzc;; Tar firm at 81; TTrpen-
S1.7G.
CLEVELAND, Nov. 29.-Petroleum quiet;
standard white. 10 degrees. 53sc; gasoline,
"a degrees, &c; gasoline, Sc degrees, 10c;
napatha, 6S degrees, 6kc.
PITTSBURG, Nov. 29.-National Transit
certificates opened at 75c; closed at 75c;
highest, 75c; lowest, 75c; sales, 5000 brls.
NEW YORK, Nov. 29.-Petroleum active
and firmer; United closed at 75kc. Rosin
easy, Turpentine easy.
SAVANNAH, Nov. 29.-SDirits of turpen-
tine quiet DIT &c. RoSin firm at $1.05.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-11-30
4 IN GENERAL.
Quotations at st. Louis, Philadelphia,
baltimore and Other POINTS.

PHILADELPHIA, Nov. 29.-TIour quiet
and steady. Wheat was dull and opened
$s4hc lower. but subsequently recovered TO
last nights closing quotations.; No. 2 Penn
Sylvania, 67l2c; steamer. No. 2 red, 64AG65c;
no. 3 red. 63&4c; No. 2 red. winter. 65Sxc;
November. 653.q G6c: December. G5sGS6hc:
January. 69ia0693c: February, 69669Lc.
Corn steady under moderate offerings
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-11-30
Metals.

NEW YORK, Nov. 29.-Pig iron steady;
American, $1211450. Copper stronger; lake,
0.25c bid. Lead market fiat; domestic, 3.3Oc.
Tin dun; Straits, q. soc bid ;spelter firm but
quiet: domestic, 3.S5c bid: sales on Change
of 5000 lbs December copper at 10. Acc.
ST. LOUIS, Nov. 29.-Lead firm at soc;
Spelter higher at 3.55c.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-11-30
Cotton.
NEW Cpl.

NEW ORLEANS. Nov. 29.-Cotton quiet;
middIing, 712c; low middling, 74c; good or
binary, csc. Net receipts, 1880 bales:
gross receipts, 11,4G5 bales; shipments to
the continent, $3.50 bales; coastwise, 6,5i0
bales; sales, $500 bales: stock, 80, $40 bales.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-11-30
REAL-EsTATE TRANSFERS.
Four Transfers Yesterday, with n To-
tai Consideration of S5,IOO.

tai Consideration Of $500.
Instruments fled for record in the re-
corder's office of Marion county, Indiana,
for the twenty-four hours ending at 5 p. M.
Nov. %. 1898, as furnished by Elliott & But
Ter, abstracters of titles, Hartford Block,
No. 81 East Market street.
Samuel c. Hartzog TO Charles J.
Cook, lot 81, in Marion Park. 5000
Charles j. Cook to Samuel G. Hart
zog, same ot..:....".".".~".. 2,2N
Samuel T.. Hamlin to William G.
Ripley, lot ii. in Reeds addition. 200
John Wilson to William Coating,
lot 80, in CampbelFs first addition
to 500
--
Transfers, 4; consideration....... $500
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-11-30
LIVE STOCK.
Cattle Scarce aud Quiet-BOgs Active
and Highcr-Skeep Dull.

INDIANAPOLIS, Nov. %. - Cattle-Re-
ceipts, leo; shipments none. There was a
very light supply and the market was quiet
at barely steady priCes
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-11-30

A clean cork is a valuable polisher used
with powder or oil for such things as and
irons. rods, tools, hinges, and so forth. For
removing spots from marble Ii is better
than a cloth in applying pumisce or rotten
stone.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-11-30
Not Just What She Meant.

Not Just She Mcnnt.
London Fun.
She-And you will never love me less than
you do now?
He-My darling. how could I?
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-11-30
The Teeth OF Cattle.
The Independent.

The independent.
Farmers and dairymen do not frequently
look into the mouths OF cattle to discover
are not In good condition good digestion
and good assimilation will not follow. Any
discomfort that arises from bad teeth hin
dars the eating and quickly affects the an
imal. Sometimes an elongated tooth, known
as q VOLTS tooth, is the cause OF the trou-
HE. This may be cut off by means OF a
sharp chisel working in a grooved frame,
so that il may have a firm base 20 strike
AGAINST. These teeth are easily clipped or
In this way and their bad effects removed.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-11-30
The indianapolis Commission Co

BROKERS.
Grain, Provisions and Stocks. Quick
trades. Immediate settlements. CONNER
cial Club Building.
Branch-Denison Hotel. Tel. 1875.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-11-30

~ Trains Run by Central Time.
RI OFFICES at Station and at corner Illinois and
Washington Streets.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1893-10-16
NIkOLA TESLA.
A Man Who Rivals Edison in the
Scope Of His Discoveries.

Perhaps the most daring of the ex-
perimenters Of the last decade of the
nineteenth century is Nikola Tesla,
who was unknown to the scientific
world five or six years ago, but who
to-day is regarded as second Edison,
and who has achieved more magnificent
results than any half dozen of his con-
temporaries combined.
To sum up his achievements in
few words is impossible. He has dis.
covered or rather demonstrated the
possibility of illumination without wires
or globes in almost exact imitation of
daylight. This light he can vary to
order, and although he has MT been
able to bring it to what may be termed
commercial basis, he has advanced
so far in the direction that compare
lively little remains TO be done before
the public can buy daylight by the
room instead Of by the lamp or light.
ahiO bliiS 10 Dul OIlC vi lllo illdi WIS.
He has produced a flame which does
not consume and which gives out no
heat whatever, and has thus laid the
foundation for untold developments in
every phase Of electrical work. In the
production of ozone by electricity he
has also scored distinct triumph. He
has shown that nearly all sanitary
problems can be solved by the aid of
electricity and be has also made i'm.
mease strides in the direction of solv.
ing the problem of parcelling out cleo
trical force and enabling it to be applied
to manual labor in every possible di.
recticn.
He was invited to visit London and
explain his experiments on the very
spot made immortal by Faraday. He
went, and was received by the Royal
Institution with due honors. The mo.
ment his fingers grasped his long glass
tubes they glowed with a softened
splendor, and when he waved them
over bis head they cleaned with
radiance which was described as weird,
if not ghostly. He manufactured
flames which appeared dangerous in
the extreme, and then placed them in
a wooden box, which was absolutely
unaffected by them. He repeated this
experiments, with several more, while
the guest Of the National Electric con-
vention in ST, Louis, at the end of
February, and he also explained the
details more fully.-Paper and Press.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1893-10-16
ANENT SCRAMBLED EGGS.
A Connoisseur Complains of the Ignor-
ance Of New York Cooks.

at is curious fact" said connois.
seur that there are not half a DE- zen
restaurants in New York where one
can obtain well cooked ard well-flAv red
scrambled eggs. know plenty of
cooks that do fairly well with terrapin
a la Maryland and lIbsters a la New.
burgh, but few who can fix scrambled
eggs properly, | have tired alb ut all
the restaurants of high and low degree
worth mel tioning, and begin to think
there is something uncanny about this
plain, wholesome dish. In one of the
best restaurants In lower New York the
Scrambled eggs lock as though They
had been chopped in hash bowl, and
their lack of favor makes them almost
uneatable In the restaurant Of
polu ar hotel, where is served n ghtly
dinner of dozen courses, all well
cooked, the scrambled eggs look f all
the world as If they had been hard
boiled and then cut IN small chunks.
In near y all restaurants an absence tf
proper seasoning is apparent to the
most ordinary palate.
"Yet il is very easy to prepare
scrambled eggs properly With my
chafug dish well heated can prepare
EN- in three minutes. simply beat
II e eggs for abou, minute and put in
(CoHtiuned on ,Sfxfh pag,
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1893-10-16

(CoHtinned on Sixth Page.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1893-10-16
HE WAITED A MINUTE
And Spent 1t to His Own Personal En-
joyment

ana spent IL 10 his own Personal En-
joyment
She was one Of those young women
who are never ready when called for,
and the young man who was to take
her to the theater that night knew it.
She didn't live far from the theater and
was slower than usual
"Pll be down in a minute" she
called to him from the head OF the
stars.
"It's time we were there" he re-
piled, and as she sang out "all right"
he walked out of the house and to the
theater. When the first act closed he
hurried back. When he had been
seated minute or two she came down
stairs all in f1utter. He was smiling
all over and happy as clam
81 hurried just as fast as | could"
she explained, sand it was too bad to
keep you waiting
"Oh, that's all right" he laughed so
pleasantly that she almost fell on his
neck.
"You are the incest man in the world
and have perfectly lovely temper"
she twittered
Don't mention it, he replied cheer.
ly.
owed better be going now," he con-
tinued, as he got up to go, "if we want
to see the last two acts. I've just seen
the first and IT'S fine"
Then she wanted to know what he
meant, but he didn't tell her until after
the lay.-Detyoit Free Press.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1893-10-16
Pacific Mail $500.
- AND THE -
Occidental and Oriental s. s. Co.
For YOKOHAMA and HONGKONC,

Steamers of the above Companies will call
at Honolulu on their way to the above p rts
on OF about the following dates:
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1893-07-12

CIR gold s.acdard, there sese oassssndirg
a. the Same dase xs5S. sT7.33 In United
States notes. and Si3fy IS. lss In redeem
asae-oe-demand-sn-goi treasury notes
xssh IN available gold reserve Of s9s. co.
oe9.
These HKrres demonstrate oar steady
DIFF. 90 the silver standard and By exAmi-
netson Of the kind Of money in circulation
tAs Substitution Of silver for gold cur
rsscy becomes more apparent Gold coin
AID gold certificates in circulation de-
creased in the last ysar Sc. 30. $50. while
silver dollars. silver certificates, sad treas
usy notes based on silver increased in the
same period $4i. I'll. SOC, showing how rap
i4ay and surely our currency 10 changing
fs,n gold to silver. The gold receipts Of
tt:s governns mt. which. in July. issD, the
dste ofshs passage Of the present silver lay.
ss.aoansed 70 over s. per cent Of the total
rssseipfs from customs have fallen to less
tssan per cent
These facts and figures Of Mr. Leech
Sow that while our gold reserves have
bs:en rapidly and seriously diminishing
oisr gold obligations through the issue OF
tsaasury notes IN pny nent OF silver
billion TO the amount Of about -. 10000
monthly. Tedeemsbie on demand in gold.
hsvs been ~ rapidly increasing. This
situation. of course, has produced .
ts:orough distruss In oar ability 10 main
tain gold payments both At home and
abroad. An enormous amount Of Amers-
cen securities have been sent back here
f4:s sale during the past two years. causing
tie balance Of account to be almost
Continuously against ~, noswithsta nd
issg the large exports OF bsadstuf5s
aYd other material from the United States
LIZ the fail and winter Of is0L In support
OF this statement Mr.. Leech cites the fact
THAT although the balance Of fnerchan.
Disc trade was in favor Of the United
States for the two fiscal years-Is9i and
Rg2-over S242. 900 90, ths net gold ship
nients for the same years Was over &Ss. 000.-
es0. That 10 70 say. instead Of paying N
far orr cereals in money. Europe paid Ne
hbck our own debts and made u redeem
tss. 600, GO Of our debts besides"
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1893-07-12

y. C.. in ISL In Isso he vas graduated with
distinction from Franklin college, ard later
studied isw and was admitted 70 the bar in lejl
He ven. 20 Raleigh In 1851 and was nominated
for . seat in the lower house OF the ies1slasure.
but wae hoaten By . small majority b. his
Wing opponent Tie var coming on . Little
later. he was appointed major in . Confederate
regiment, and rose TO the rank OF brigsdisr
general In ls7s Gen. Cox vss appointed Judge
In the supesior court. in 1882 b Was elsetsd 70
congress snd rs-eisctsd In 1854
Champ Clark. IN nlissrats politician Of Pike
county. No, who was elected % eocgreso Last
fall, maze . windy Fourth Of July speech in
Tammsny hall which excited much laughter
and swsIied bis head 20 NJ could hardly get
through the door 20 20 home The next day .
New York Newspaper reporter called 70 inter-
view him He feared bssng misQuotsd, % 30
called for pen and papss and wrote The follow.
ing:
Champ Clark. Congressman from the Bloody
Sipth District OF Missouri, who made the great
blk In his IammaHy Hall speech yesterday. on
being interrogated BY your reporter this morn
Tn in favor OF Bi-Mettalism in ell the words
Imply So are my constituents.
qnitT aud goarg back 70 the doctrine Of Robert
j. Walker.
We favor an IEeome Tax on Incomes Of Ten
Ne favor the Repeal Of 10 ps. cent tax on
State banks.
The organisation OF the next house. which
meets three weeks from next Monday. will
sdord ex-speaker Reed . triumph not often
erjcyed In politics. He will zee the rules v nich
he eoursgeousIy originated and which were 20
veuomouaiy denounced by the Democrats
adopted ~ his political enemies. The now
dominant party could Ind no more biting
stisms for that code than 70 describe IL -
the "Reed rules." and now In less than four
years the man who Was denounced - . ''des-
pot" - the Cesar and 'tyrant," viii behold
his enemies doing him homage By formally
declaring that he was Q far-sesing Statesman.
The "Reed Rules will hx the name and fame
OF the sx-spsaker permanently In our history,
and no doubt his speech, when they shall have
been adopted By tho Democrats Of the house,
will b worthy OF his fame
c. p. Huntington 10 . big man with bald
head, and . railroad man Who has had bus
tuess dealings with him says no wears IN old
fashioned beaver hat with . high crown. He
uses this high crown - . recs ptAc.s for his red
bAndana handkerchief. and be has IN unusually
broad sweat band. under which he puts his ~
terra when . messenger takes him . letter he
opens the envelope very carefully aud dsliber-
ssely, and after reading IL takss o6 his hat and
stcks the letter under the band. In doing % he
lets his handkerchief drop from IL resting
place, ana he takes the opportunity to mop his
bald Uranium with H. Then he slows IL away
with his letters ana puts his baggage on his
head again.
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1893-07-12
HISTORY or THE ACT OF 1873.

Z O. Lsech, sx-director Of the United
States mint. esves the true history Of the
so-caiied demonstration Of silver by the
oct Of 1873, ~ soslows:
The first coinage act (I-92) authorized
the unrestricted min;ase Of gold and sill
yer NJ the proportion cf Of gold 20 Is
Of silver--A ratio not In accordance with
the commercial value OF the two metals
Gold being underyaIued Ia our coinage
system gold coins did not circulate. bat
were exported in exchange for commodi-
ties at the commercial value Of the pure
gold in such coins. To remedy this. in
1854 land supplemental act Of 1851 the
quantity Of sgoid IN the dollar Was reduced
and the ratio in coinage Was liked at
! 20 Is 9SSs practically l to Is.
This change did not correspond
TO the commercial yaine Of the Two metals
silver being undervaIued-and. as \ con-
sequence. silver was shipped abroad. so
that from 1884 70 ISIS gold constituted our
only metallic currency.
In 1873 congress abolished the silver
doilar-a practically obsolete coin-and
gold was made the sole standard OF value.
At that period this country had exc!u-
s,veiy paper circulation. the depreciation
of which was measured by gold. The law
OF February II. 1873 was the logical
sequence Of the legislation OF l83a-37. con-
irmed and strengthened by the legislation
OF 1853 (making fractional silver coins
Subsidiary which laws practically made
gold the standard of this country.
In discontinuing the coinage of the
silver dollar in 1873 congress. therefore,
simply recognized al existing fact by
dropping . coin which had formed no ap-
probable portion Of our circulating me-
dium for nearly half q century. The
entire coinage of silver dollars from 1872
TO 1913 had aggregated only s,o3I. g3S
pieces, mono Of which we're in circulation.
Had not the characterization Of the silver
dollar taken place in 1878. Il must neces-
sariiy have taken place q few years later,
when the European countries, one after
another. abolished silver coina1a. or else
this country would have resumed specie
payments in 1879 on . silver instead Of .
gold basis.
The silver legislation OF this country.
commencing in 1878 has been series Of
compromse measures with the advocates
OF free silver coinage