davidaulloa/AmericanStories huggingface dataset:
The representative. [volume] (St. Paul, Minn.) 1893-1901, 1893-09-27
The VALUE OF GOLD.
Properly Speaking Value Does Not Attach
to Gold Because the Metal IL the Measure

Properly Speaking Value Does Not Attach
to Gold Because the Metal L. the Measure
Itself.
The ''basic fallacy" upon which pres
ent monetary systems are built is tho
assumption that the present value Of
gold is real, actual and natural, rather
than artificial and fictitious, the result
of monetary legislation.
Look at the facts It is stated that
there are something like 200, 900, 900
ounces of gold in the world in the form
of coined money, and an unknown
quantity in the shape of gold plate,
jewelry, etc. The annual product for
the past ten years has averaged about
5,575, 600 ounces, about one-half of
which has been used ''in the arts" If
gold were demonetized, as silver has
been, and coinage privileges denied to
it by the principal nations of the earth,
what would gold be worth with fifty
years supply on hand and an annual
supply twice as large as the CONNER
cial demand for it? The gold dollar is
essentially a fiat" dollar, and all talk
about parity" and ratio is unmean-
ing and absurd, so long as we balance
against each other two metals, only
one OF which has fat or legal and ar
bitrary value. There can be no natural
ratio between two metals occupying an
unnatural relationship to each other.
But not only is it not true that ''the
stamp of the government upon a gold
coin does not make it's value" but the
stamp of the government impressed by
virtue of coinage laws, makes a gold
coin the value itself. We compare
differentiate and express all values in
terms of money denominations. Thus
we say an article is worth" one, ten
or fifty dollars, as the case may be.
Not so, however, with the quantity of
metal coined into gold dollar. We
do not say of it that it shall be, worth
81, but that it shall be 81, and this priv
ilege Of being converted into a dollar
we confer upon every 1878 grains Of
standard gold not demanded for use in
the arts, with the result that no gold
can be obtained for use in the arts for
less value, so that millions of gold dol
lars are annually melted and used in
the arts. Having thus not given Is. 8
SroIAS VI StduuHIO bOlu Cnc value OF OIL,
but constituted it the dollar itself, we
proceed to measure the value of all
other commodities, as guaged by the
law of supply and demand, with the
gold dollar thus artificially created by
the fat of law. Silver at once loses in
value as compared with gold, not be-
cause it is really worth any less than
one-sixteenth the value of gold, but
because there is small but constantly
accommodating surplus, after all de-
lnands for money purposes and for use
in the arts are supplied.
That this is the correct view of the
matter is proven by the fact that silver
bullion. uncoined, has lost none of its
value, or purchasing power" when
compared with all other commodities
except gold. This is clearly shown by
the following table. which shows the
purchasing power of coined silver in
1878 and silver bullion in 1890:
Comparative purchasing power Of silver bull
lion, in grains nineteenth fine in 1873 and 1890
respectively:
The representative. [volume] (St. Paul, Minn.) 1893-1901, 1893-09-27

There is great deal being said,
just now, about the price of whesA
cotton and silver for the past twenty
years. An important point to remem-
Der in connection with this discussion
is that the price of wheat and cotton
is determined and regulated not by tho
volume of currency in the United
States, but by the amount of money
in circulation in England. The price
of the export surplus governs the price
of tho whole.
The representative. [volume] (St. Paul, Minn.) 1893-1901, 1893-09-27

Senator Stewart said in the senate
that if the Sherman law was uncondi-
tionally repealed there was nothing
left for the people of the United States
but to rise in their might, break the
chains in which the gold contraction
lists had bound them and make their
own money. It might not be silver. It
would not be gold" There are vast
number of people in this country to-day
that do not believe it necessary to have
metallic base for money. If silver
goes to the wall the battle will not end
until gold is sent to keep it company
The use of either metal is relic of bar
barismL-H. +. Legate, in Boston Trav-
eler.
The representative. [volume] (St. Paul, Minn.) 1893-1901, 1893-09-27
WANTED, A MOSES.

One Who VIII Lead Out Of the wilderness.
of Metallism Int Paper Money Prom
feed Land.
Hon. Benjamin Harrison:
Ny Dear Sir-If / may trust to the
accuracy of a newspaper report you
take no cheerful view of the business
situation. You ''see no Moses at pres
ent who will lead the business world
out of its slough of despond"
Why not be, yourself, the Moses?
One of the first qualifications for lead
ership is clear perception of the popu-
lar need.
We, then, need Moses; and a man
learned in all the wisdom of this our
modern Egypt, and one just escaped
from the bondage of the presidential
Office would seem rarely fitted to act
such part. The present trouble is a
purely financial one. We have peace
at home and abroad; we possess all the
national sources of prosperity; but the
energies of the people are paralyzed
by an anxiety that has to do with
money. The producer is appalled,
at the little money that re-
wards his efforts, and the business
man by the difficulty of getting the
money necessary to meet his obliga-
tions. This is the slough of despond"
to which you refer, and he would in
deed be Moses who should lead us
out of it. No money can be good that
has the fatal defect of insufficient
quantity. Such money is the active
agent of universal injustice; it's con-
tinued use creates an enormous aggre-
gate of wrong. That the money of the
world has possessed this fatal defect
for years is the experience of every
producer of wealth and the confession
of every market report. Our Moses
must remedy this. He will smite the
rock and the waters shall gush out;
and the bread of Heaven will be found
to be but the power of knowledge.
The central fact in modern monetary
science is that gold, because of its linn
tied quantity, fails to discharge the
highest function of money, and for this
fatal defect no remedy has ever been
suggested. Not to be enough is to be
bad
No strong government ever yet
stamped the money fat upon paper.
Many times under stress of dire neces-
sity has the printed promise of what
could not be performed been issued
with more or less success 1t remains
for some modern Moses to procure the
issue by the United States of a paper
bearing the legend: This is dollar.
will receive it and all others must
Having thus far used your own met
aphor, allow me to suggest a more eff
fcient substitute. This slough of
despond'' of the business world is but
the bondage of the wealth producers
to the single gold standard, in which
they are compelled to make the bricks
of wealth without the straw Of money.
And by the strange irony of events the
Pharaoh of this bondage is the once de-
spised Jew, now monarch of Wall
street and of London.
Having enjoyed the best that the
present life has to give, you might
we'll exchange the meager remainder
for immortal fame. Why not be our
Moses?-E. M. Burchard, in Twentieth
Century.
Mr.. Burchard is respectfully in
formed that the next populist national
convention will formulate just that
kind of a platform and select Moses
to lead the people to the promised land.
GEORGE C. WARD l.
The representative. [volume] (St. Paul, Minn.) 1893-1901, 1893-09-27
THE SUB-TREASURY PLAN.

But Instead of Wealth Itself the Securities
Deposited Are Notes for the Payment of
Wealth.
The following samples of private fat
money are taken from the Peoples
Party Paper of Atlanta, (Ga):
Sample No ~
The representative. [volume] (St. Paul, Minn.) 1893-1901, 1893-09-27
OUR PRESENT PERIL.

Broad Craftsmanship Needed at the Pros
emit Crisis of Our Country.
The Arena, one of the ablest maya
zines in the world, and the only one of
those great publications that stands on
the alliance platform fat-footed, has
the following editorial in the August
number:
'Our country never needed broad
craftsmanship in perfect sympathy with
the industrial millions more than to-
day. The people must have relief. The
crushing poverty suffered through
contraction of currency, has for years
been bearing upon millions of lives.
Now the whole fabric of business is be-
ing shaken to its foundation One
thing is of vital importance-the En-
glish financial policy which the. last
administration favored, and which has
dragged Australia over the precipice of
ruin, must be resisted in spite of the
gamblers of Wall street and the official
lash of their slave. Unless there is an
expansion of currency, and unless the
government turns its back upon those
who are growing rich through special
privileges, we shall have only tempo
rary relief. followed by still greater
distress. The nation is facing a crisis
of greater proportion than most people
imagine. The recent action of the
money power in India is fresh proof
of the merciless inhumanity of the
usurer. Austra1ia's ruin is not enough.
Now India must suffer; and if the gold
power can corrupt our lawmakers our
country must experience. Australia's
fate. Reinstate silver or demonetize
gold"
The representative. [volume] (St. Paul, Minn.) 1893-1901, 1893-09-27

Congress has the same right to say
what wheat, corn, beef pork, cotton,
horses and mules shall sell at as to say
they will double the price of the rich
mans gold.-Industrial Union
The representative. [volume] (St. Paul, Minn.) 1893-1901, 1893-09-27

Good news is continually coming in
of the growth and progress of the party
in all parts of the country. National
Waterman.
The representative. [volume] (St. Paul, Minn.) 1893-1901, 1893-09-27

Free coinage of silver in the ratio
of 16 to 1, supplemented with full legal
tender greenbacks to make the volume
of money fifty dollars per capita, means
the emancipation of the west from the
greed of eastern avarice The way to
get it is to vote for it.-Political Re-
view.
The representative. [volume] (St. Paul, Minn.) 1893-1901, 1893-09-27

ATLANTA CLEARING HOUSE ASSOCIATION GER
No TIFICATE, ATLANTA, GA. 3
Series A.
THIS CERr1FlEs That the Banks compos-
posing the Atlanta Clearing House Association
have deposited with R. j. Lowry, Paul Romare
and G. A. Collier, Trustees Of said Clearing
House Association. Securities to the value of
SEVEN DOLLARS AND FIFTY CENTS, to
secure to the bearer the sum Of FIVE DOL
LARS in lawful money OF the United States,
payable on or before the first day Of January,
1894. This certificate Is issued in accordance
with the proceedings Of meeting of said AS
ISOLATION held on the fifteenth day of August
1893, and will be received on deposit or in pay
ment OF debts due any Bank in said Clearing
House.
Attys for Trustees
Sample No q
PRov1DErcH r I, Aug. u, 1893
s2) THIRD NATIONAL BANK
Pay to the order of ------- Two Dollars
payable only through Clearing House)
RHODE IsLANDLoCoMoTIvE WORKS,
WIN: I. CHAPLIN,
For Locomotive Workers.
Sample No: s.
HARTFORD Conn,
Aug. IA, 1893
CITY BANK OF HARTFORD
Pay to bearer Two Dollars
Payable through Hartford Clearing House
only.
THE HARTFORD CYCLE Co,
20. GEO. POPE, Pres
Hartford Cycle Co Pay Roll
Sample No 49,
No 2aO-A
HARTFORD, Conn.,,
AMERICAN NATIONAL BANK
Pay to bearer One Dollar
Through Clearing House only.
PRATT & WHITNEY Co.
GEO FORD Treas
$500
Pratt s. Whitney Co. Pay Roll Check.
The representative. [volume] (St. Paul, Minn.) 1893-1901, 1893-09-27

We can dispense with gold but not
with manhood.
The representative. [volume] (St. Paul, Minn.) 1893-1901, 1893-09-27

"A political revolution is inevi-
table and let it come-Farmers' Tri-
bune.
The representative. [volume] (St. Paul, Minn.) 1893-1901, 1893-09-27

Articles.
The Wadsworth dispatch. [volume] (Wadsworth, Nev.) 1892-1899, 1893-11-25

The hogs recently shipped from the
Douglas County Creamery to San Fran
cisco brought 61s cents, live weight.
Mr.. VIM. Dangberg, who went down
with them tells us that Nevada hogs
bring 30 cents per hundred more in San
Francisco than California hogs. Nevada
beef is also given the preference, and
apples and potatoes raised in, this State
command top price. In fact, Nevada
products of every description seem to be
than ever in demand in California,
where their superiority has long been
recognized.-Genoa Courier.
The Wadsworth dispatch. [volume] (Wadsworth, Nev.) 1892-1899, 1893-11-25
Why Hs Couldn't Enter.

He stood before st. Peter and meekly
applied for admission to the better land.
Cannot admit you, SIR"
"Cannst admit mel" exclaimed the
dismayed aspirant. Haven't l lived a
Christian? Haven't obeyed the laws
of the land 2"
"Oh,yes."
"Then what is my offence?"
"You wanted to stop your news
paper, and instead of dropping a line to
the publisher and paying all a~rrearages,
you had the postmaster send him a line
to the effect that his paper was refused
A man SO contemplate would find nc
company in heaven: SO please move or
to the land where they don't shovel
snow"
The Wadsworth dispatch. [volume] (Wadsworth, Nev.) 1892-1899, 1893-11-25
Late Arrivals at the Nevada House

Late Arr1Vals ct the Nevada House.
W R jeffrey, City,
d M Read
Geo Hill
A Crockett
Geo Arson
] T Howard
] johnson
H Meyers
VIM Fridley
w B Morgan
A M Trolson, st. Clair.
w L Pritchard
w R Lee
Geo Randall, Montana.
H ID. Keith
J Mccullough, Reno,
McFarlin
E G Sessions
Jas Griffin
B s Frankinburg -"
F M Newlert, Sacramento.
@ D Gilbert, San Francisco,
DR. Ward
G w Jones, Reserve.
G Estill, Bonner.
B F Merkel, Leadville.
FA Van Patten, Austin.
G E Gates, Chicago.
John Weir, Oakland.
Lue Kelly, Virginia City.
O'Neil, Wells.
Baynor's Dramatic Co.:
Mrs V Anlie Huston,
Donna LaRoy,
Zetta Eaton,
N H Stackwell,
CN Warner,
r M Bever,
H G Raynor.
The Wadsworth dispatch. [volume] (Wadsworth, Nev.) 1892-1899, 1893-11-25

rarden.sis slang.
arrILa
So.
Mk.M 'ss-
The Animal-Welll How do Ilookf
The Man-B-b-b-ullyi-Life.
At Fowler's-Sewing machines for
rent. Also repairing done at short
notice.
Do you want a heating stove either for
oil coal or wood? Griswold will sell You
one cheaper than anyone.
Dinner and tea sets cheap for cash at
LANCE & Schmitt's, Reno.
Look at the new samples for suits At
Fowler,a.
Physicians tell rs that nothing 10
more conducive to good health than good
food and particularly good meats. Any
me after examining the fine supply Of
choice beef, veal, mutton and pork, all
stall fed, now ON sale at that new elegant
Central Market, will at once be convin-
ced Of the wisdom Of buying their meats
there. This house also carries a line of
table ~delacacies, such as Winchester
hams, weiner, liver, bolona and pork
sausage, ETC., made fresh every day,
Winters Washoe Valley cheese, Nevada
honey. Extra Eastern oysters, etc, etc.
AS to prices we defy competition. Gem
trail Market, Main street, Wadsworth.
The Wadsworth dispatch. [volume] (Wadsworth, Nev.) 1892-1899, 1893-11-25
SATURDAY,. NOVEMBER %, 1898.

The Illinois Central Railway officials
and representatives Of the American
Express Company presented the men
who defended their property during the
attempted train robbery neal Centralia
with a gold medal and three shares each
of stock in the Illinois Central. About
800 railoard men witnessed the presenta.
ton.
The Wadsworth dispatch. [volume] (Wadsworth, Nev.) 1892-1899, 1893-11-25
A Good Sale.

The Gazette is informed by unques-
tionable authority that q bunch of fat
steers, three and four old, were sold the
other day in this market to go the San
Francisco for $50 per head. They were
an exceptionally fine lot, however. In
fact they we're all very prime, hence they
brought good figures.
The Wadsworth dispatch. [volume] (Wadsworth, Nev.) 1892-1899, 1893-11-25
NEW ADVERTISEMENTS.
TAX NOTICE.

NOTICE IS HEREBY GIVEN THAT THE
~ assessment roll for Washoe county, New
ada, for the year 1893 is now in the hands of
the County Treasurer as ex-onhcio Tax Receiver
at his ofice In the Court House In Reno, New
ada; that the State, county and special taxes
are now due and payable, and the same Will
be delinquent at the close OF business on Mon
day, December 4, A. d. 1893.
d. b. BOYD,
County Treasurer and Ex-Oficio Tax Re-
ceiver.
Reno, Nevada, November 4, 1893.
The Wadsworth dispatch. [volume] (Wadsworth, Nev.) 1892-1899, 1893-11-25
Notice to Hunters.

All persons are requested to keep off
the premises of the undersigned as at
different times this Spring, men en-
ployed on the ranch have had . close
call from flying shot. T. g. HERMAN.
The Wadsworth dispatch. [volume] (Wadsworth, Nev.) 1892-1899, 1893-11-25
Plane for Sale.

A good secondhand New England
Piano for sale. AS good as new. Only
been used a short time. For reference
call at this Office.
The Wadsworth dispatch. [volume] (Wadsworth, Nev.) 1892-1899, 1893-11-25

Booths best brands at Depot Supply
Store, also bananas and golden dates.
The Wadsworth dispatch. [volume] (Wadsworth, Nev.) 1892-1899, 1893-11-25
Lodge Notices.

Pyramid Lodge No. 10, K. of P.
mEETS EVERY TUESDAY
AL evening at Castle Hall at 7.
All Knights in good standing are fra
ernally invited to attend.
E. A. JACKMAN, G. G.
G. D. NORMAN, K. of R. & S.
The Wadsworth dispatch. [volume] (Wadsworth, Nev.) 1892-1899, 1893-11-25
TAKING ITEMS AND BUSINESS
LOCALS.

Water pipe and tin work done quickly
by Lange Il Schmitt, Reno.
The universal ranges are the best, sold
by Lange & Schmitt, Reno.
Heating and cook stoves and ranges
of the best kind sold cheap for cash ct
Lange & Schmitt's, Reno.
Picture frames at manufacturers prices
at Fowler's.
Snow Flake, Pioneer, Crown and Gold
Medal brands at Griswold's-all first
class.
Optical goods at Fowler's. Fine len
ses in eye glasses and spectacles.
Gents and ladies' skates all sizes and
kinds at LANCE & Schmitt's, Reno. y
Order your daily and weekly Exami-
ner and Chronicle at the Post Office.
Prompt attention given. Try for the
Examiners prize farm.
Suits, suits, suits, made to order for
$25. to $50. each. Satisfaction guaran-
teed. E. Griswold, Agent.
The Wadsworth dispatch. [volume] (Wadsworth, Nev.) 1892-1899, 1893-11-25

speoial-A Bargain.
A few child's cloaks bought cheap and
for sale the same at Griswold's.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1893-02-18
Cycling Notes.

Thomas G Allen and W. l.. Sachtleben Of ST.
Louis. the famous round-the-world wheelm en-
who have nearly completed their tour. left
Yuma, Arizona, last week for New York via
New Orleans. having safely crossed the dreaded
Colorado desert. making an average Of ffty-six
miles per day. They spent one night at the
famous Salton sea. Both were in excellent
health and spirits. Their trip through Califor-
mia was perfect ovation. They expected to
reach New York in ninety days.
The Alpha Wheel Club of Norwalk, Conn.
will celebrate its second anniversary on Satur-
day afternoon. June IL. by holding a l0-mile
road race on the East Avenue course. and a
reception at the club rooms in the evening. II
is proposed to open the race to any L. A. W.
wheelman in the state. instead of 70 only wheel
men in Fairfield county, as was the case last
year.
The Chicago Ners claims to have recently
intervie&ed 800 young women OF that city on
the question OF presents. and all but two Of
them replied in favor Of safety bicycles az their
choice. The other two were divided between a
pug dog and an opera cloak.
committee has been appointed in Orlando.
Fla, to take up subscriptions from the citizens
for means to construct bicycle track at the
fair grounds in that place. The sport is evil
IDENTIFY spreading in the south.
Hsckensack n. Y. is discussing the feasibility
Of mounting its police on bicycles
Evening star. [volume] (Washington, D.C.) 1854-1972, 1893-02-18

finish being used TO good advantage on the
second floor. which is used for sleeping apart
ments, trunk room, bath. &c. The rest of the
house is finished in white pine. The kitchen is
located in the basement
SOME BUSINESS IMPROVEMENTS.
Plans for q three-story and cellar building at
s14 9th street have been prepared BY Architect
Kefustein for Richard Gasch. The front will
be of brick and brown stone. At the second
story will be an oriel of copper, the same
material TO be used on the cornices. The first
floor, used for store purposes, will have large
plate glass windows, the remainder, to be used
for residence purposes, will be finished in white
pine.
Galloway 4 Son are building store on o
street between 7th and 9Th streets northwest
for @. II. Burgess. II will be 20xeo feet, three
stories and cellar and plain pressed-brick front
Jos. G. johnson, architect. has prepared
plans Of a store front for the fret story Of the
building No. 1924 Pennsylvania avenue north
west.
A third story will be added to l2s and 4SO
10th street for J. F. Barbour
IN THE SOUTHEAST SECTION.
Jos. c. johnson, architect. has designed for
the Bayne estate building AXIS feet on Penn
sylvania avenue between Sd and 4th streets
southeast Two store rooms occupy the first
story, and the remaining floors will be devoted
to four fats, containing five rooms each ard
bath. Press brick and Hummelstovn brown
stone faces the fat front, which has q pedi-
ment finish. Copper will be used on the cor
nices and the large show windows
The same architect has made designs for this
estate for three houses TO be located on street
between Sd and 4th streets southeast They
will be 1890 feet each, two stories and cellar
with fronts Of pressed brick and stone, broken
by square bays reaching 10 the roofs of fat tin.
Each house contains seven rooms and bath is
finished in white pine and possesses all modern
improvements
Evening star. [volume] (Washington, D.C.) 1854-1972, 1893-02-18
The OnhciaI Who VIII Step From the
Treasury to Congress.
improvements.

The Omcial who VIII Step From the
Treasury to Congress.
Assistant Secretary John Henry Gear Of the
Treasury Department has been q prominent
figure in public life for many years and brings
to his present position q most valuable prac-
teal experience. He was born in Ithaca
n. Y, April 7. 1925, and received a common
school education. He emigrated to Galena,
H., in 1886, and to Fort Smelling, Iowa, in
1888. Five years later found him in Burling-
ton, Iowa. engaged in mercantile pursuits. His
stay there was more permanent. That his
career there was successful is evidenced by the
fact that he was elected mayor OF the city In
1868 and was subsequently elected to the Iowa
house of representatives of the fourteenth. fif-
teenth and sixteenth general assemblies of the
state, serving as speaker during the last two
terms. In 1STS-79 and in 1SS0-S1 he Was the
choice of the people for governor of the state
and administered its affairs in q most credita-
BILE manner. He was next elected to the Fiji
tieth Congress from the first district. COM
prising the counties of Dcs Moines. Henry. JEFF
ferson, Lee. Louisa, Van Buren, and Washington.
and was reelected to the Fifty-first Congress-
defeating John ]. Seerly, democrat. by nearly
a thousand votes. He was a member of the ways
and means committee in the Fifty-first Congress
and was the author OF the free sugar clause of
the Mckinley act. At the last election he was
reelected to Congress from the first district Of
Iowa. defeating the democratic incumbent,
Judge Seerly, for the second time. Since then
he was appointed to his present Office As a
special compliment but will have to give it up
March next, regardless of the change of ad-
ministration, because his term in Congress
begins on that date. He is genial man of
sunny, even temperament and has already be-
come a great favorite in the department. His
family consists of a wife and two daughters,
both of whom are married. one being the wife
of Mr.. ]. W. Blighe. general solicitor of the
Chicago, Burlington and Quincy Railroad Com
pany. and the other being the wife of Mr.. II.
s. Rand one of the leading lumber merchants
of Iowa.