davidaulloa/AmericanStories huggingface dataset:
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-11-08

most of all, because England has India
on her hands. England knows that the
rupee cannot be maintained at the ex-
change value of Is 4d gold unless India
can maintain gold reserve sufficient to
exchange at that rate continually The
Indian government has been unable to
do that and in consequence India is now
on the verge of money panic. The
Springfield Republican of Oct. 20 speaks
of the situation thus:
Failure of the India council in London
to sell its drafts at the arbitrary price
fixed for the rupee when the Indian
minis were closed to silver has resulted
in the accumulation of large amounts of
silver money in the vaults of the Indian
government So heavy has the drain
been on the money supply or India that
financial squeeze and panic are now
threatened. 1t is being urged that an
import duty be levied on silver entering
indians means of enhancing the value
OF the rupee, but the efficacy of this
move is much questioned At any rate
the Indian government is far from be-
ing rid of the difficulties attending the
closing of the minis to silver, and the
worst of them have not yet been passed.
There can be no question of the cor
rectness of this statement On Oct. II
the Indian government urgently asked
by telegraph an import duty on silver
which would equalize the fixed value of
the rupee with the price Of silver. The
dispatches of Oct. % to the London
Times say that money is daily becoming
scarcer and that unless a gold loan is
made a panic is ievitable. Whence will
the loan Gomez. The Bank of England
has been able to maintain its gold re-
serve during the past few weeks only by
an unusually heavy discount rate. India
is now so heavily indebted that her an
nual interest payment to England
amounts to 1913, $50 900 in gold. 1t
will require an enormous reserve
to keep Indias immense load of
silver at the low par of Is
4d. or an exchange ratio of about l
to q, while the market ratio of silver is
about 1 to %. As the United States
steps out of the market as a consumer
the load will be enormously increased.
England has now to face an Indian pam
ic with default of interest on English
loans and heavy loss of English capital.
1t will be a great help in learning the
lesson that too much greed and selfish
ness will certainly react on the oppres-
sive creditor
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-11-08

Winamac divine had he given back
blow for blow. If he had been worsted
in the encounter, he would have re-
ceived abundant sympathy. Old Peter
Cartwright the famous methodist
divine. well known in the early camp
meeting periods of Indiana and Illinois,
would never have run away under such
circumstances. On one occasion when
a gang of rowdies disturbed one of his
camp-meeting services. he left his pulpit
and nearly beat the life out of the ring
leader of the disturbance, and we
doubt not that if St. Paul when in his
prime had been similarly treated
he would have borne himself in such a
manner that the Oppressors would
thereafter have given him a very wide
berth
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-11-08
CHANGE THE COINAGE RATIO.


Now that the fallacious sytem Of pur-
chasing silver at its market value, in or
der to increase its market value, has been
abandoned by this country, and we stand
in a position TO exercise some influence
in securing international bimetallsm, it
behooves the American people to look
over their past action on the silver ques-
ton and endeavor to profit by their mis-
takes. One of the worst of these has
been our stupid adherence to a coinage
ratio different from that of any other
nation on earth when a very slight
change would have brought us into har-
mony with the important silver using
countries of the world. In 1878 this
could have been made with very little
trouble. because we were using paper
money, and the great mass of the silver
coin in this country has been minted
since that year. But childish clamor
for the dollar OF the fathers drowned
the call for international money, and
we entered on silver policy that took
us farther away from the rest of the
world every day. The latest report from
the mint aug 16. 1899 shows the stock
of full legal tender silver, I'm the coun-
tries maintaining that kind Of coin. and
the coinage ratio Of such countries. TO be
as follows:
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-11-08
TAXATION OF GREENBACKs.

The bill introduced by Mr.. Cooper for
the taxation of greenbacks is one that
ought to be passed by congress. The
exemption of this one class of money
from taxation has long existed without
any justification, and has been a source
ally provided for by law, but the SUI
preme court held that they were not
taxable on the theory that the green
backs were securities of the United
States. and that the government would
be injured by the taxation of it's evil
dences of debt, because the taxation
would tend to put them at a discount
1t is doubtful if this principle ought
ever to have been applied to evidences
of debt that were legal tender and were
constantly in circulation, but whether it
did or not it is certain that it had no
application after 1879. when the govern
ment resumed specie payments. Since
that time the greenbacks have been kept
at par by the maintenance of specie
payments on demand and the exemp-
ton from taxation has had no effect
whatever in sustaining their exchange
value. On the other hand, it has tended
TO drive them out of circulation. Worse
than this, it has given an opportunity
to persons of easy conscience to evade
taxation by claiming that their money
was in greenbacks, when in fact it was
not. There is no question but that the
amount annually claimed as exempt on
this account is largely in excess of the
total of greenbacks in existence.
The movement to tax greenbacIs is es-
sentially a democratic movement, and it
When the provision for the resumption
of specie payments was made Senator
Mcdonald of this state introduced a bill
to subject greenbacks to local taxation
1t was killed in committee and another
bill, introduced by him at the next ses-
sion, met the same fate. Since then
there have been several attempts of the
same kind. The last was a bill intro
duced by senator George OF MISSISSIPPI,
which was reported back adversely by
Senator Morrill, of the finanace commit
tee in the spring of>1S92. 1t was after
ward taken up and placed on the cal
endar. but no further action was taken
on it. When tax reform was under con-
sideration in this state general atten-
ton was called to the iniqufties result
ing from greenback exemption, and to
the impossibility of securing equal tax
alton so long as it continued. The demo-
CRATIC party put a plank in its plat
form in 1892 demanding this reform and
calling on our senators and representa-
tives to urge it in congress. Both our
senators supported Senator Georges bill,
and we have no doubt that Mr.. Cooper's
bill will receive the support of the In
diana delegation. 1t will be an honor
to the state to take the lead in secur-
ing this much needed reform.
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-11-08

That was a very disgraceful affair
which recently disturbed the good order
Of the town OF Winamac. Two young
bloods entered a church and made dis
order. The pastor properly reprimanded
them for their uncouth behavior, and
the next day. meeting the minister on
the streets. the young men beat him
with what are described as long black
snake whips. such as drovers and teams
ters use. The reverend gentleman
promptly took 10 his heels. ran away
from them and afterward had them
arrested. There will be. perhaps, a diff
ference Of opinion as to the minister's
action. Some would doubtless take the
ground that he should have stood his
ground and made the best defense with
IN his power-others that he was right
IN running away from the two bullies.
Men do not fancy any display OF
cowardlce. lie might have met the ex-
irene Christian theory by standing up
and courageously allowing the men TO
beat him. II takes a bit OF heroism TO
do that. ST. Paul's advice is 10 get
along as peacefully as you can with all
men. This allows a man 10 strike back
when pressed TO the wall. or even before
that extremity is reached, and no one
would have found any fault with the
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-11-08
THE INDICATION OF VOORHEES,.

The republican and independent press
of the country may now honorably apol
ogize to Senator Voorhees, for the abuse
that it has heaped upon him during
the fight for the repeal of the purchase
clause of the Sherman law. Never did
the leader of an assault have more hos
tility shown him from those who pro-
fessed to be with him in purpose. He
has not only been charged with lack of
ability as leader, but his sincerity has
gone so far as TO charge him with an
intent to betray the interests confided
to him into the hands of the enemy.
He has been derided and scoffed at by
the paragraph makers with a persist
ence and bitterness that is seldom seen.
And as an end to all this he has won.
He has brought his forces through sue
cessfully. He has accomplished what
he undertook to accomplish. In the face
of the most resolute opposition that has
ever been given by a minority in the
submit to our contemporaries that in
common decency they should apologize
to the gentleman whom they have so
unjustly treated
While the whole country is indebted
to Senator Voorhees, for the successful
conclusion of his work. the democratic
party is especially indebted to him for
gaining his end with so little bad effect
on the party organization. The demo-
cratic party has a majority in the SEN
tie which must be relied upon to pass
important measures that will shortly
come before it. When we leave the re-
peal bill we leave republican support.
1t has been of the highest importance
that the party in the senate should not
become bitter in its division over this
measure, lest the factionaI feeling so
created should prevent harmonious &C
ton hereafter. That end has evidently
been attained. There is no indication
of any rupture that will be of impor-
lance. More than that, the struggle has
come to conclusion with a majority
of the democratic senators voting for
repeal, although it has been claimed
repeatedly that if the democrats settled
the question in caucus repeal would be
lost. We do not desire to underestimate
the influence of the president or TO de-
cry the effect of public sentiment We
do maintain that Senator Voorhees, has
played his part with credit to himself
ana with the best results that could
have been expected for his party and
for the country.
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-11-08
NEWSBOYs AT THE FAIR.
The Delegation from Detroit Guests
of Gen. AIRer.

WORLDS FAIR GROUNDS, Nov. 3.
For a minute today it seemed as if the
old days of the exposition had returned.
The workmen suddenly heard shouts Of
laughter and all kinds of merry noises
proceeding from the terminal station.
The place was full of boys. A band be-
gan to play and a procession of young
sters started across the plaza. Six hun
dred newsboys arrived from Detroit.
They came i'm a special train Of twelve
coaches over the Michigan Central as
the guests of Gen. RUSSELL a. Alger of
Detroit. The boys furnished the few
spectators with a sight of the first pa
rade given on the grounds since the
close of the fair. 1t brought back Wis
ions of children's week at the fair. A
happier crowd has seldom been seen
within the Jackson park inclosure. The
entrances to Midway were thrown open
and the urchins trooped through the
half dismantied mimic orient. truce
was declared for the day in the Ferris
wheel fight and all the small visitors
were given a ride in the big machine.
When it came to the eating the menu
was not so elaborate as many that have
been prepared in the white city. but few
have been better appreciated. Sand
witches and milk was the fare. The boys
will go home tonight.
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-11-08

do as other people do. That is all. Now
if some prominent leader will invent the
fashion of loaning, of putting money
in circulation by the different processes
known to business men. there will no
longer be any difficulty. With the silver
question settled and money going down
the excuses offered by some are very
lame. They will hardly hold much lon
ger.
If business seems a trifie dull take
hold and wake it up. Put a little life
into your own business. From your ac-
ton your neighbor will catch the inspi-
ration and institute a revival. This in
turn will spread to the next and so on
until business here is as lively as it ever
was. Confidence combined with good
deal of personal effort will work more
wonders than anything else that can be
done.
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-11-08

While all European silver countries.
with all OF Central and South Amer
lea. have come TO the coinage ratio Of
1 TO 15ls, these four last named coun-
tries. that are so much interested I'm
the future OF silver. have kept away
from Il, and OF the four the United
States Is the only one that actually
maintains a gold standard. Mexico and
Japan have long since come to the sill
yer standard, and India has abandoned
her coinage ratio. repudIated her linz
piled contract to keep her coin In a
parity. and II now making a futile eff
fort TO establish an exchange ratio OF
about 1 10 n. In other words. II Is
endeavoring to put on a gold basis OF
shilling pence the silver rupee
which was originally coined as the
equivalent OF two shillings Hence the
United States stands absolutely alone
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-11-08

III us coinage TdIO, ana lnlS Is a SeTl-
Gus impeachment to it's efforts to secure
international bimetallism. It is not to
be expected that all these other coun-
tries will abandon their ratio and re-
coin their silver to accommodate us.
Neither would they join with us if we
proposed to maintain a ratio different
from theirs. The effect of the existing
difference, If bimetallism were restored,
would be to put silver at a premium of
3 per cent. in this country, and in con-
sequence it would go to the other coun-
tries while their gold would come to
us. 1t is therefore certain that if in
ternational bimetallism is secured we
must adopt the ratio of l to 1514.
The present time is the most favora-
BILE that will be found for making this
change as TO silver. and when it is
made we should also bring our silver
dollar TO a five-fRnc standard $3.50
as the franc is now the most common
unit of value in the silver using coun-
tries. To make our silver dollar the
equivalent of the five-franc piece. at
the coinage ratio of l to 151a, it is neces-
sary only to reduce it's weight from
1922 to 3S6 grains. Our minor silver
coins are now on the same standard as
the French minor coins, with reference
to the present dollar, and would be
slightly lower than the ratio with
dollar of 1856 grains, but this is of no
material difference, as they are only
token money, and would be so in any
event. We say this is favorable time
to make the change because our silver
is now all token money; i. e., it is fioated
on a gold basis. and sustained by the
credit of the government. The market
value of our dollar is about fifty-five
cents. The proposed change would re-
duce it to about fifty-two cents, but
it is as easy to float ffty-two-cent dol
lar as a fifty-five-cent dollar, and the
one would circulate as we'll as the other.
Further than this the great mass of
our silver is now in the treasury. In
August of the present year there were
357, 677, 500 silver dollars in the treasury
and only 61,654.63O in circulation. No
more should be put in circulation. The
seigniorage in the form of bullion in
the treasury will probably be coined. 1t
should be issued in dollars of $50 grains
and put into circulation. There is
enough of it to keep the minis busy for
long time.
If it should be coined at our present
ratio it would add just so much to the
existing impeachment to international BIZ
metallism and be so much more TO re-
coin in case we secure international
bimetallism. If that is not secured the
change of ratio will do no harm, for
silver would still remain token money,
and the ratio would not be of material
Importance except that it would IA
cilitate silver exchanges with foreign
countries if our coins were similar TO
theirs.
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-11-08
WRATH OF A JUDGE.
Fined n Prominent Man for IndOrsinE
a Lynching.

MEMPHIS. Tenn, Oct. 31.-The trial
of Sheriff McLarendon, charged with
failure to perform his duty in prevent
ing the lynching of a negro rapist, who
was taken from the county Jail by a
mob a few weeks ago, came TO an alb
rupt termination today. Out of 500
talesmen who were examined only one
juror was secured. Finding it impossi-
bic to secure a jury the states attorney
entered a nolle pros. The state of
public feeling was well illustrated by
the examination of the first juror called,
Mr. NJ r. Mitchell. a prominent citizen
of Collierville. In answer to the usual
question Mr. Mitchell replied:
Il have formed and expressed an opin-
ion as to the guilt or innocence of the
defendant" He was ordered aside, and
when leaving the stand said audibly and
dramatically: Il would give Sheriff Nc
clarendon a gold medal for his conduct"
Judge Scruggs ordered Mitchelps arrest
and assessed SO fine and ten days
Imprisonment in the county Jail. Other
talesmen, while indorsing Mr.. Alitchell's
sentiments, We're more cautious. The
cases against several of the leaders Of
the mob were also withdrawn and the
prisoners released
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-11-08

The Chicago Record recalls the speech
of Carter Harrison at Joliet in 1876,
which did so much good for the demo-
cratic party in that campaign. He
reached the climax in these words:
tell you men. you idle men of Joliet,
that you can find the cause of your idle
ness told i'm your bible. DO you remem-
talents? 1t has been in my heart and
mind since my school days i'm my dear
old Kentucky home. Then he quoted
only he could:
For unto every one that hath shall
be given, and he shall have abundance;
but from him that hath not shall be
taken away even that which ne hath"
The audience did not catch the full
meaning of the quotation as applied 10
it's condition and there was no response
Mr. Harrison made it plain. There you
have it. The republican party is the
rich mans party. II wants to make the
rich man richer. the poor man poorer
the little you have left IL wants To take
from you. Now do you understand IT.?
The writer states that on a subsequent
occasion, discussing the speech, Mr.. Har-
rison said to him: WAS / bitter that
night? Well, it may be that was
You see l was poor then. land-poor, if
you know what that means. and many
a forlorn fellow in the audience carried
lighter heart than Carter Harrison"
There is truth i'm that speech that is
well worth remembering by every poor
man in the country.
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-11-08

There are indications that the same
banking interests which endeavored to
force an issue of United States bonds
are now trying to defeat the proposition
TO coin the silver bullion in the treasury
representing seigniOrage. Already GER
tain New York papers are opposing it.
There will be little support 10 their de-
1nand throughout the country. The gov
eminent owns the bullion. 1t needs the
money It ought to coin it. Fortunately
there is no reason to believe that the
president and Secretary Carlisle have
changed their minds as TO the improperly
of issuing more bonds.
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-11-08
MRS. BROWNS WILL.
She Leaves 100000 to Charity-smaII
Gifts to Relatives.

QUINCY, ILL.,, Oct. 31.-The will of
Mrs. Charles Brown was probated to-
day. She leaves 100000 to public chart
ties and two-thirds of 1t goes to local
and state societies for the prevention of
cruelty to animals. Her nearest rela-
tives are only remembered by four lega-
cies of $1,000 each. She leaves S55OOO
and her residence and furniture to in
augurate and maintain a home for the
aged poor of Quincy. There is a bequest
of $4,000 to the Woodlawn home for
orphans i'm Quincy and $1,000 To the in
dustrial home for girls at Evanston.
III. Other requests: S75. 900 to the Illinois
humane society. $4,000 to the Connecti-
cut humane society, $4,000 TO the Lou
isiana state society for the prevention
of cruelty to animals, $4,000 No the
Massachusetts, society for the prevention
of cruelty to animals, $4,000 to the
Quincy humane society
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-11-08

The arrest of Halloween celebrators
for the wanton destruction Of property
ought to serve as a wholesome lesson 10
young men and boys who indulge in
such lawlessness. Amusement is a very
excellent thing. but amusement that in
wolves the destruction of property be-
longing to other people should be sternly
rebuked If young men cannot repress
destructive nature they should crafty
IT by destroying their own property.
No one would object to this. and the
pIeasure-seekers would probably secure
much more creditable ideas of wit and
humor.
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-11-08

himself, although in two Of his confess
sions he said others aided in various ways.
He now stands by what may be CLASH
fed as confession No 9 In this he
declared that he had no aid, but that he
committed the crimes single handed and
alone Stone is bud in name and a
full-blown flower of very fungus growth
in fact. He and Prendergast might
bloom luxuriantly together under favor
able conditions.
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-11-08
THANKSGIVING PROCLAMATION.
President Cleveland Appoints Thurs
day, Nov. 30, 10 BE Observed.

WASHINGTON. Nov. 3-The presi-
dent today issued the following Thanks
giving proclamation:
by the President of the United States
of America:
"A PROCLAMATION.
while the American people should
every day remember with praise and
thanksgiving the divine goodness and
mercy which have followed them since
their beginning as a nation, it is fitting
that one day in each year should be
especially devoted to the contemplation
of the blessings we have received from
the hand of God, and to the grateful
acknowledgment of His loving kindness.
Therefore, l, Grover Cleveland, presi-
dent of the United States, do hereby
designate and set apart Thursday, the
thirtieth day of the present month of
and praise to be kept and observed by
all the people Of our land. On that
day let us forego our ordinary work and
employments and assemble in our usual
places of worship where we may recall
all that God has done for us, and where
from grateful hearts our united tribute
of praise and song may reach the throne
OF grace. Let the reunion of kindred
and the social meeting of friends lend
cheer and enjoyment to the duty and
let generous gifts Of charity for the re-
lief Of the poor and needy prove the
sincerity of our thanksgiving.
GROVER CLEVELAND.
"By the president.
WALTER Q. GRESHAM.
Secretary of State"
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-11-08

The decision of the supreme court up
holding the McCabe bribery law will
prove a valuable aid in securing honest
elections in Indiana This law is aimed
at the prominent citizen"-usualIy a re-
publican-who is honest in his private
business. but considers it no sin TO pur-
chase votes for the grand old party
of high moral IDEAS This decision is
a final warning that vote-buying must
cease in Indiana.