davidaulloa/AmericanStories huggingface dataset:
Barbour County index. [volume] (Medicine Lodge, Kan.) 1880-current, 1893-06-14

AUsTR ALLAN FIGURES.
The real proportions
OF the financial disas-
ters in Australia, due
to the failure of large
banking insututio n s,
may be gathered from
the sworn ret urns
made recently TO the
British government by
the Australian banks.
According 70 these re-
turns Australia had at
the close of 1892 twenty
colonial" and six
"Anglo-colonial" banks,
with deposits aggregat-
ing S7f3, 600, 600. OF this
amount $4,000, 900, or
20 40 per cent, was En-
Iglish capital. The Aus
tralian banks paid
large interest 10 de-
positors. aud that ac-
counts in part for an
increase between 1859
and 1892 Of nearly $50,
900. .000 in the amount of
English money on de-
posit- In some of the
Australian banks the
percentage of English
deposits was very large.
In eleven IL exceeded p
per cent of, the total
deposits and In flve it
exceeded 50 per cent
During the boom period
of 1885 and for q couple
lof years after IL was
possible &c earn inter
est on the large deposits
and dividends on
shares. but since the
recent depression the
banks have found IL i'm
possible 20 do business
enough to keep up earn.
IinSs- The immediate
cause of their troubles,
however, "a the panic
among depositors at a
time when II is imprac-
ticable 10 realize on as
sets. Depositors are
calling for their cash at
a moment when IL is
impossible TO obtain II
for the securities in
hand without incurring
great loss. Fourteen
OF the banks referred
TO have faiied In the
last few weeks. These
had Si2t.72 ,gU5 OF de-
posits, of which sI3I,
ii6, s5s, or over 81 per
cent, were British II
the Mercantile bank OF
Australia, which sus-
pended In March, 1892.
be added TO the list.
there have been fifteen
failures of institutions,
aggregatiug over &433,
00. 90 of deposits, some
Sl37, 90. .90Q OF, which
were frQD Great Brit
ain. g7kf 19gkiilg I'D of
nearly !slsH ANbillion OF
mones pahdihe the re-
ha bilitation of the
banks. II that can be
effected-is a very serf-
Gus matter. But some
of the collapsed con
Germs have compare
lively worthless assets
and will not be rehabili-
tated. In other words,
depositors will lose a
large proportion OF
their s424, 6OO. .0O0 of de-
poSits, to say nothing
of the losses of stock
holders over and be
yond this enormous fig
ure. The consequences
of this great loss are
bound to be very con-
siderable, not only In
Australia and England,
but on the continent Of
Europe an d in the
United States. - Kan
sas City Times.
Barbour County index. [volume] (Medicine Lodge, Kan.) 1880-current, 1893-06-14
No. 4.
The CLIMAX OF AesuRpl1Y.
An Attempt to Make the sherman Silver
Act Responsible for the Present strin.

An Attempt to Make the Sherman Silver
Act Responsible for the Present strin-
gency.
The first act in the grand drama
placed upon the boards by the money
power is now being played, 1t viii be
remembered that the threat has been
freely made that the western and south
ern banks would refuse banking ac-
commodations TO the people in order to
manufacture sentiment against silver
1t is also charged. and admitted BY the
American Banker. that a panic was TO
be brought about with the same end in
view. Well, the panic seems, to be with
us, at least in its incipient stages, and,
with rare poetic justice. one of the first
TO be caught in the crash proves to be
one of the principal instigators of the
plot, and one. who more than any other
one man, is responsible for present
monetary conditions. The eex-secretary
of the United States treasury. Hon.
Charles Foster, has failed and has made
an assignment for the benefit of his
creditors.
As basis for. a few vcry brief re-
marks we submit to ourreaders the fol-
lowing clippings, printed in parallel
columns. in order that they may see
that the failure of some fifty, or sixty
banking institutions in the United
States since May Is, and an, alarming
increase in mercantile failures. has its
counterpart in a country widely sepa-
rated from this, where there is no sill
yer produced and where is no such
thing as Sherman silver act, and
where, moreover. they have always en-
joyed the blessings (?) of single gold
sta Ddard
Barbour County index. [volume] (Medicine Lodge, Kan.) 1880-current, 1893-06-14

The above table shows that while
France has $50, 000, 900 more silver than
all the rest of them combined, she has
$25, 000, 900 more gold than all the rest
of them, leaving Germany out, and four
sevenths of the total gold stock held bv
all of them combined. France preserves
the parity of the two metals by treat
ing them alike and giving them equal
legal and coinage rights. The United
States has never attempted to preserve
such parity since 1873, but by discrim-
mating against the white metal does
her utmost to destroy the parity be-
tween it and gold, rather than preserve
it.
In the house of representatives B. w.
Perkins, of Kansas. then a congress
man, on Saturday, February 81, 1886,
spoke as follows:
France, with a popul ltion only two-thirds as
great ours and with barely one eighteenth
OF the territory, sustains full legal tender
silver circulation OF 4i32,0D,O00 (more than
double our OWN and sustains il at an exact
parity with gold, and has during these recent
years of divergence, and without any loss in the
volume of its gold money. although the silver
dollar Of France in bullion is worth rer cent
less than our own And they [monometalistsl
know, as every man, woman and child should
know, that II the coinage of silver was made
free, and this administration would make an
honest effort to promote its usefulness and
value the silver dollar would be worth a hmm
dred cents in gold coin in less than twelve
months
Since then, as the figures show, France
has increased her stock of silver money
in the sum of si67 200, 600, and. as the
Times admits, gained 500, 900, 900 in
gold during the past two years.
Either the so-called Gresham law is a
fallacy or the gold-bugs will have to
adopt another Interpretation of it
George c. Ward, in Kansas City Journal
Barbour County index. [volume] (Medicine Lodge, Kan.) 1880-current, 1893-06-14

Now for the application. Notice first
that every nation which has increased
its stock of gold, with the one excep-
ton of England, has also increased its
stock of silver. Notice, also, that En-
gland, which returns no silver what
ever in the Bank of England, has
gained, in the twelve months, a com
paratively insignificant amount of gold,
only about $4,000, oOO Notice, also, that
Germany has not only lost about s12,-
600, 600 in gold, but has also lost about
81, 100000 in silver. Notice, further.
that every other nation that shows an
increase in its holdings of gold has also
increased its holdings of silver to just
about as great an extent
In this connection it may be proper
to state that Russia is upon a silver
basis, the silver rouble being the stand
ard of value"
Now take up France. The Bank of
France, April Z, 1899, held in its vaults
% per cent. more silver than was held
by the banks of Germany, Austria-Hun-
gary, the Netherlands, Belgium and
Spain all combined, and by April 6,
1893, it had increased such silver hold
ings about $3sO,OOo Yet, in the face of
these facts, France gained so per cent
more gold in the twelve months in
question than England and the other
five nations combined.
Now take glance at the monetary
statistics of the nations in question, as
compiled by the director of the United
States mint.
Barbour County index. [volume] (Medicine Lodge, Kan.) 1880-current, 1893-06-14
How 70 Eat an Orange.

There is no doubt that half the
pleasant flavor of the orange Is de-
stroyed by the difficulty of eating it
gracefully, although that is feat Of
which, like building an open fire, every
one imsgines his method is the best.
So great q terror does an orange in
spire in q woman at a luncheon, with
the fatal example which has so often
been told hanging over her of the man
who broke an engagement when he saw
his sweetheart hacking at one, that
this delightful food is generally ia
booed. One feels tempted to follow the
example Of the dear old lady who was
in the habit of retiring to her room
with an orange and locking the door
after her. But the mystery was lately
solved at a luncheon, and the solution
will be hailed with delight by house
keepers The oranges were peeled and
sliced and brought on the table cut up
fine in punch glasses in which there
was great deal Of juice. In each glass
there was cracked ice and sugar, and
this delicious combination, which en-
bodies all the delights of the fruit, with
none of its disadvantages, is eaten with
a SPOON
Barbour County index. [volume] (Medicine Lodge, Kan.) 1880-current, 1893-06-14

The function of money is to facili.
ate the exchange of values. It is the
function and not the value that makes
money-PittsburQ Kansan
Barbour County index. [volume] (Medicine Lodge, Kan.) 1880-current, 1893-06-14

There are 800. 900, 600 in gold and H.
600 tons of silver in Uncle Sans strong
boxes, and yet the plea is made that It
is necessary to issue bonds to save the
credit of the country. Harrison did
not dare do it, and we will see what
Clereland viii do.-Lawrence Jeffer-
sonian
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1893-08-03
NOTES FROM MISHICOTT.

Mr.. Henry Vogt of Manitowoc spent
Sunday in the village.
Mr.. Emil Bruemmer spent few days
IN the village last week.
DR.. Karnoff of Cooperstown was in the
village one day last week.
Mr.. Herman Detien and family took a
trip to Ahuapee during last week.
Mr.. Chas. Weinfurther who has spent
some time in Chicago has returned.
Mr.. Fred Kinkel of J. H. Terens & Son
has gone to Chicago to see the Worlds
Fair.
Miss Amelia Terens and her brother
Mr. John Terens of Kewaunee spent Sun
day here.
Mr.. Jos. Dworak went to Casco one
day last week for the purpose of buying
up live stock.
Mr.. VIM. O'Hara OF Manitowoc spent
Sunday here shaking hands with his
MishIcott friends.
Mr. John Trossen of Marion, Wis. has
come home for a short stay. He will
probably remain during the season.
Mr.. IL. Ebert of Cooperstown died on
Thursday last. The bereaved relatives
and friends have the sympathy Of the
community.
We learn that our young friend Aug.
Halberg has gone to Manitowoc to enter
the employ of Emil Teitgen for the
purpose of learning the timers trade.
The Umatilla Indian Medicine Co. has
struck our village. If their first enter
tainment may be taken as standard, our
people will be treated to series of very
enjoyable affairs during the next two
weeks,
BASE BALL:-The game of ball between
Mishicot and Manitowoc last Sunday
was successful affair, quite crowd from
the village and surrounding country hay
ing gathered to witness the game. From
the beginning both mines played with a
vim that held the attention of the crowd
through the whole game. At the end Of
the 7th inning the score stood - to II IN
favor of ManltOwoc. In the next two in
nlngs MBnitowoc had it all their own way
Mishlcott barely saving themselves from
lnglorious WhiteWashes.
HOPEFUL.
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1893-08-03
PERSONAL.

Thomas Windiate Jr., is visiting friends
in the city.
Mrs. label of Milwaukee is visiting
friends in the city.
Mrs. John Ornes OF Sr Paul is WISHING
friends IN the city.
Mrs Fred DAIMLER of St. Paul is visit
ing friends in the city.
Frank aad Jay Guyles left for Their
homes on Monday last.
w. Ii. killen was in the city on Tues
day on railroad business.
Ed Hamilton and his brother George
left last Sunday for Chicago.
Mrs. Edwards of Chicago is visiting
Mr. and Mrs. L. K Torrison of this city
Mrs. Pugh of Duluth is visiting her
parents, Mr.. and Mrs. Ornes of tins city
"Artie" Hinrichs of the firm of Koeh,el
x Hiurichs of ST. Paul is visiting friend.
in the city.
Mr.. Lyman Emerson lett on Monday
for Racine where he will spend som,
time with relatives.
Miss Martha Jostensen who has beef
Ia Milwaukee for some time arrived a
home on Saturday.
Mr.. and Mrs. Max Richter left thi
week for Michigan. From there the
will go to the Worlds Fair.
Mrs. Seymour of Manistee who ha
been spending the summer at Mrs. En-
ery's, left on Sunday last for Chicago.
Miss NJ. Albert aud niece Emelln
Marx of Milwaukee are visiting Chas. /
frost, and his sister Francis, 9O6 S. st
st.
Mr.. and Mrs. A. NJ. Richter and the
daughter Clara returned on Tuesda
from visi. of two weeks to the World
Faia.
Captain John Leatham was in the ci,
a few days this week looking over son
work which is being done for him at IL
>ry dock.
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1893-08-03
MARINE.

Quite large quantity OF fuel is being
brought to this place by the smaller yes
sells this summer.
The river here is fully eight inches
higher this summer than 1t was at the
same time last year. Then it was crowd
ed with business; now there is no parti-
cular rush.
/ Coal is now coming to the docks of the
/ Manitowoc Coal & Dock Co. of this place.
On Friday last the schooner Allegheny
reached here with 1900 tons OF coal; on
the same day the NJ. n. Drake brought
in l 400 tons.
Forrest Bros. of Flint, Mich. chartered
the large steamer Frank l.. Vance to
take cargo of farm produce from here
to Buffalo. She arrived here on Satur-
day and proceeded to clean out the ware.
houses. By Sunday evening she was
loaded and set out for Buffalo with
cargo OF 500 tons of hay, flour and grain.
Jay Hall furnished the largest percen-
tage of the cargo.
This is the first direct shipment by wa
ter to Buffalo from ManitowOc in long
time. The two shipments made by For
rest Bros. have pretty we'll cleaned out
last years hay. Last summers hay
could easily be shipped over the T. & P.
NJ. line and thus a good market was open
ed to the farmers. Mr.. John Hall esti-
mates that the withdrawal Of these boats
has reduced to the farmers, the price of
hay at least 80 cents per ton. This shows
the interdependence of city and country
and how much farmers are interested in
the enlargement of the city's commercial
facilities There is a reasonable certain
ty that Manitowoc will soon have an
other line across the lake.
The raft of pulp wood which is on its
1t Is being towed by two tugs and pro-
ceeds at the rate of one mile per hour.
1t was expected here yesterday morning
but was evidently delayed by south
winds. The tugs have to leave occasion
ally to get a supply of coal. When the
winds are adverse about all they can do
is to keep the raft from receding. Every
thing here now is ready for its reception.
A second raft will be brought il by the
tugs when this one is delivered One of
the tugs came here yesterday to coal up
having left the raft in the care of the
other tug off Sturgeon Bay. 1t will net
reach here before tonight.
Following is the report for the Manito-
woe harbor as furnished by Deputy Col
lectOr Hinrichs:
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1893-08-03
ma'lltowof pilot
CITY AND COU MY
THURSDAY. AUG. 3, 1893.

Mrs. Louise Rusk Is visiting friends IN
the city.
PloS1cs from the city were quite num-
erous on Sunday last.
LAWYERS and justices Of the peace are
the busiest people in the city these days.
A VERY large number of new dwelling
houses are going up in this city this sea
son.
MILWAUKEE parties are negotiating
with brick makers here for 100000
brick.
STREET Commissioner Bahr's horse ran
away on Tuesday and smashed the buggy
up bit.
THE carpenters and joiners Of Sheboy-
gan had an excursion to Two Rivers on
Sunday last.
Mrs. G.. H. Shines and Miss Emma
T. Engelbrecht are visiting Mrs. Capt
Shines in Chicago.
John Dedricks IS a happy man these
deys little baby boy having arrived at
his place this week.
AUGUST ENGELs of this city died on
Friday last aged 30 years. He was an
invalid from his infancy.
The Building and Loan Association
keeps on running without being in the
least affected by the hard times.
THE tramp vanguard has struck the
city and there IS probability that the
police will soon have their hands full.
THE weather has been simply superb
for some time. Summer visitors here
pronounce it unequaled and such it is.
THE celebration of religious festival
nj Silver Lake convent on Tuesday drew
quite number of people from this city
PETER DUCKART, the kewaunee county
man whose horse was killed on Franklin
street on Tuesday, threatens to she the
railroad company.
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1893-08-03
AMONG FARMERS.

Tom Windiate has harvested about 200
tons of hay this year.
Quite a large quantity of new potatoes
are being brought to market by farmers
these day.
Sievert Terkelson of Manitowoc Rapids
says pease are a magnificent crop this
year. The straw is short but the pods
are well filed. Barley he reports poor.
Mr.. Noyes of Clarks Mills says that
early sown oats have been quite badly
struck by the rust within the past week.
Farmers have begun cutting their spung
grain.
Charles Hall has harvested 200 tons of
hay this year. Ed Plat has put up a
like amount and Thomas Torrison has
cut 20 acres. The city farmers seem to
be in the lead.
Several farmers of Outagamie county
are to be prosecuted for watering and
skimming milk which was afterwards
sold to cheese factories. The parties
were under suspicion and they were
watched and detected. They will be pro-
secuted by the dairy and food commits
| sioner.
When Tom Windiate learned that Gov.
Rusk had saved the hay crop Of $50 acres
of land without It's receiving a drop of
rain, he swore softly and intimated
strongly that Uncle Jerry lies. Tom
will lay Jerry out on the hay business
one Of these days If it takes limb.
Dairying gives promise Of opening up
new lines of producing wealth. There If
IN whey after the butter fat is extracted q
comparatively large percentage OF milk
sugar. 1t has not paid to extract THU
as sufficient whey could not be secured a,
any one point to pay for putting in plant
for the manufacture of.thls sugar. The
Elgin Dairy Reporter says that this il
being now done by evaporating the whe,
at factories and sending the crude suga
thus obtained from several factories to
sugar refinery. There is almost enough
whey IN the factories Of Manitowoc coun
ty and adjoining territory to support
sugar factory. The sugar obtained iron
whey is said to be equal il value to til
butter fat of the milk. It will pay pro
prietors of factories to give some atter
ton to this matter.
One OF the difficulties which present
itself at pres ent is where the money is t
come from for the movement OF the ne
crop. With farm products it is differer
, from other commodities of purchase an
D sale. Farmers always get cash whe
they sell. But SO much money Is Will
s drawn from circulation that it is inipo
slble TO get sufficient with which to NOV
: the crops. It has been suggested thu
farmers wait for their pay until the pu
. chasers OF their grain realize upon !
But to this farmers will never consen
: They want the others to wait for them.
n Though times are hard one can Ii,
4 cheaply these times. There never was
Y time within the recollection Of the "ol,
If est inhabitant when flour was cheap
= than it is now. John Schuette last Sa
Y urday sold a quantity of flour for shi
e ment east to / orrest Bros. at s1.s6 p
a Dbl. The slump IN pork on Tuesdi
s makes that cheap commodity though
has been fetching good price.
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1893-08-03

On Friday and Saturday of last week
over $4,000 was put in circulation III
dividends paid by the assignee of the
State Bank. There was quite steady
stream of creditors drawing their divi-
demo of 20 per cent. There was no rush
at any time nor were any murmurs heard.
A large portion of the money was taken
home but considerable quantity of 1t
was deposited in the Saving Bank. Some
Of the creditors were surprised at the
amount they received as they had con-
founded 20 per cent. with 20 cts. and
thought that the last named sum was the
aggregate amount they would receive.
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1893-08-03
MANITOWOC is ALL RIGHT.

The hard times are now reaching thos
institutions upon which depend the dali.
bread of thousands factories. Ihl
means lower prices for foodstuffs anC
thus the farmer will be affected. Nam
towoc has not yet experienced any BAG
effects from this source OF danger. Learn
ing that the Sheboygan factories had
closed thus throwing 2,5S5 laborers out
of employment, The Pilot made inquiries
on Monday to learn how the factories in
this city are affected by the general hard
/ times.
The Smalley Manfg. Co. reports run
ming with full force on full time, except
| that within the last two weeks few men
were dropped, but only temporarily. The
company has sold more goods this year
than they did last. Orders dropped off
considerably during July, although a
number came in through the World
FAIR advertising. At present 40 men are
employed.
The Rich ards Iron Works is working
% men steadily, and is running full time.
It has orders sufficient for the next two
months and is more apt to increase than
to decrease its force.
The Hanson Wagons is running full
time with force of Is men and has no
thoughts Of reducing the number. This
Is the dull season for orders but manu-
faoouring for stocking up is going on.
The company sees no reason why under
present circumstances it should not run
through the winter as it is now.
The Manitowoc Boiler Works is run
Ring full time with crew OF % men-a
little less than the usual number but
owing to a temporary lull. Orders are
as good as ever and quite lot of work is
contracted for. A contract has recently
been entered into with hill Bros. of Fish
Creek for boiler for tug.
The Manitowoc Seating Co. is running
steadily full time, with 10 men, taking
only such orders as are gilt edge and
with work enough on the books for the
next two months. II the money market
was not so tight it could employ 200 men.
The Manitowoc Glue Co. is as yet IN
affected by hard times. 1t is working
full time with full force of % men.
This company has contract for its out
put for the year and has not SO far been
affected by the bad condition of the
money market.
Richter & Sons are running with full
complement of men and find no difficulty
ID disposing of their goods. They anti
clpate q shrinkage 10 orders but thus far
have not been affected by the prevailing
hard times.
RAHR's Sons are doing more than their
usual mailing business at present. This
is the dull season in mailing but they
are getting out their ew caramel malt.
The season for mailing will open soon
and they will then add about % men to
their present force.
There is no city in the United States
which is less affected by the hard times
than is Manitowoc. 1t is felt here much
less than elsewhere. If money can be
secured to move the new crop to the At
Iantic sea board, we certainly shall have
a good season here.
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1893-08-03

The success of Mrs. Annie NJ. Beam, of
McKeesport, Pennsylvania, in the treat
ment of diarrhoea in her children will M
doubtedly be of interest to many moth
ers. She says: II spent several weeks
in Johhnstown, Pa, after the great food
on account of my husband being en-
ployed there We had several children
with us two Of whom took the diarrhoea
very badly. [ got some of Chamberlain's
Collie, Cholera and D1arrhoea Remedy
from Rev. Mr.. Chapman. 1t cured both
of them. I knew of several other cases
where it was equally successful. think
it cannot be excelled and cheerfully re-
commend it." Is and 80 cent bottles for
sale by Henry Hinrichs, Druggist. 81