davidaulloa/AmericanStories huggingface dataset:
The advocate., 1894-03-28


sion has bean preceded by q period Of
imitation OF real estate and Of corporation
values. It is largely through these
periods of depression and forced sales
tnat peor men lose their homes and prop
erty, business atsgnRteS and labor is idle
and suffering. I notice that Mr. Pierce
and others attribute depressions to COM
traction of the currency, but the facts do
not sustain this theory. The panic Of
1887 occurred with more than the usual
volume Of money, but following period
Of wild real estate speculation. The
banks failed after the collapse Of the
boom and az q result Of it, because they
could not realize on their landed seCuri-
ties, or their patrons could not
The boom OF 1857 followed q period Of
bank imitation, while bank failures and
panic followed the bursting Of the boom.
The Kansas land boom Of 1868 8, when
land in the eastern third OF the stato
was considerably hSahor than It is TO-
day, began, or at least esched its max
imum, after the great coutractioHTe,t IT.
currency, and lasted until 1872 The
Kansas boom which began in 1884 and
bursted in 1883 was with q less per
capita volume OF money than we have
now, and the general boom all over the
country OF these years was the principal
cause Of the general depression.
Another fsvorits form Of Investments
is corporation stocks and bonds, which
always follow real estate up and down,
but are far less disastrous TO Che people
than to the Speculstors, 90 they do not
cause so great load Of debt and taxes
on fictitious values.
With land and public utilities made
public property through the single tax
system the opportunity for speculative
investments would be gone and capital
could only be employed In machinery
and other aids of labor. The chief
trouble now is that hundreds OF millions
Of dollars annual profit from invest
ments are reinvested and give no om.
ployment or aid to labor, but on tho
contrary demand price which labor
cannot afford to pay access TO opportu-
mites for protection, hence the laboRor 10
idle and suffering in the midst Of abund-
ant resources which he would gladly
utilize to satisfy wants. The British
landlords have fine investments in little
old Ireland and in big new Ireland
(AmeriCs), snd they did have in New
Zealand, until that country adopted tho
rental value tax system few years ego,
since which time the people Of New Zsa-
land are the most prosperous In the
world, but the British landlord has lost
his large yearly revenue from that coun-
try.
1t seems to me too plain for argument
that the way and the only way to pre-
vent spectators from getting cinch on
our future earnings is to deprive them Of
the privileges now given them by un-
wise and unjust law to invest In monopo-
lies. So long as we give them this legal
privilege, all efforts to mitigate It's 9vll
effects will be utterly without effect.
Why should We labor 10 inaugurste
another boom tn engulf n fresh set OF
victims. W.. "a. 4. wakefield.
The Railrnad 0neatinn.
The advocate., 1894-03-28
THE Pennsylvania ELECTION.

At last the official returns of the
Pennsylvania election have come
along by freight, and we are able to
The advocate., 1894-03-28

nearly the whole theory OF economic re-
form and social justice. Money or Capi-
tai invested in monopoly is all there is
or can be OF oppression and injustice to
the masses, and so long as the laws per-
NIT such investments it is idle folly TO
think they will not be made, or to blame
the investor.
Forty years ago money was proitsbly
and safely invested in African slaves and
100 years ago slave ships were q very
common and respectable form of invest
ment. Legislation has destroyed these
resources Of investment, greatly to the
benefit Of the African race, "a it must
and will destroy other forms Of invest
ments to the equally great benefit of
both white and oolored people.
Investments" means capital planted
where it will grow and increase without
the care and supervision OF the owner,
1t means "a cinch" on part Of the wealth
produced by the labor Of other people.
All wealth being the product Of labor,
it necessarily follows that those who ac-
quire more wealth than their own labor
produces must do it by tolling or taxing
the labor Of other people, and this can
only be done legally through some form
Of investments.
Investments return either rent, inter
est, or profits, though careless or un-
learned persons speak of all returns as
interest, and this wrong nomenclature
renders it difficult to enlighten the
masses on the sources and remedies Of
their wrongs. 1t is an snxlom Of politi-
cal economy that the three factors in
production and distribution of wealth
are: land, which draws rent; capital,
which draws interest, and labor which
draws wages. This ia the old, or Adam
Smith definition, but the modern or
scientific economists make some further
and very important distinctions, for the
latter takes into account the question of
monopolies and certain moral questions
which Smith ignored. The most inn
portsnt difference is in the fact that the
modern school teaches that interest is
largely, if not entirely, itself q product
or result Of rent, and that with the Rbo-
lition Of rent or unearned increment, true
economic interest on real capital would
cease to be q burden to labor, il it did
not indeed cease to exist entirely. This
they claim would be the result of q
double cause.-the great increase Of
available capital and the lack Of any
source Of profitable investment except in
aiding labor to produce more wealth."
Were there no investments open to sc-
cumulated capital except in the employ
ment of labor, such capital could at best
earn only true economic interest, which
would necessarily always be less than
the increment Of labor, hence less than
3 per cent.
But so long sa capital can be invested
in real estate and return both annual
rent and profit In rise Of value, it nec-
esssrily follows that such investments
must absorb the bulk Of all capital and
govern the rate OF interest. In proof Of
this, we always find active capital scarce
and rates Of interest high in q new coun-
try, where land is rapidly advancing in
value, and capital plsntier and interest
low in Old and densely settled countries
~ n.o La ko. nho,,k -ooaLol a.. -.
The advocate., 1894-03-28
A MODEL REPCE4ECAN TEACHER.

-" %N~A~A
found in their columns, and remem-
bers that only a fractional part OF the
republican voters read anything else,
he cannot wonder at the lack of intel
ligence manifested in the exercise OF
the franchise. We have an example
of the information impaired to repub-
lican readers now before us IN the
Abilene Dispatch of March %. The
subject of the learned disquisition is
the Bland seigniorage bill; and the
information which it fails to impsrt
concerning that measure will strike
the intelligent reader as very volumi.
nous. The writer says:
The bill is intended to take the place of
what is known as the Sherman law. The
Sherman act Of 1890 was an amendment TO
the Bland. Allison bill, provided for the pur-
chase of 100000 worth of silver bullion
per month, and that silver certificates to
equal that sum should be used for OirOula-
tion.
This is certainly a very Compre-
hensive statement of the features of
the Blsnd-Allison bill. The writer
continues:
When the Sherman law passed in 1890 il
80 amended az to inCresse the coinage Of
silver dollars, and the issue Of certificates
from 100000 to $4,5OO 900 per month.
1t will be news to people who sup
posed themselves well informed upon
this subject to learn that the coinage
of SiIver dollars was increased by the
Sherman law from $2,0OO,0OO- to
$4,5O0,OOO per month. Men who
thought they were posted on the sub
iect have been lsboring under the
impression that the coinage Of Silver
dollars was stopped altogether after
the first day of July, 1891. But here
is the climax in this learned disserta-
tion:
Under the Sherman act, the silver was
coined into light weight dollars, and the
certificates were issued against these dol
lars, for 100 cents. This left in the vaults
of the treasury an amount of surplus bullion
amounting TO more than $55, ,000, 900, and
that bullion is known as the seigniorsge
Mr.. Bland in his bill proposes to coin into
silver dollars all the surplus bullion, and
base the notes on so cents instead Of 100
cent notes.
Light weight dollars! Just think
of it. There never was such a thing
known as light weight dollar. There
were some "hesvy weight dollars
coined a few years ago which the
government afterwards dlscredlted
and which were then bought up by
speculators at o discount; but no
light weight dollars were ever coined
IN the government mints, and no
standard dollar was ever coined that
was not worth 100 cents in the pur-
chase of any commodity in the mar
ket. Neither was there ever certi-
fcste issued under the Sherman law
of 1890 that would not purchase as
much of any commodity as gold
dollar. Neither is the seigniorsge in
the United States treasury the resi-
due of bullion remaining from the
The comet. (Johnson City, Tenn.) 1884-1916, 1894-02-01
Accidently Shot Himself.

On last Saturday night, Thomas,
a son of Mr.. Charles Hartsell, who
lives about four miles south OF Greene
Vile, met with an accident which may
cost him his life. He, in company
with some other young men and boys,
started out to serenade F. M. McNees
and bride of johnson City who were
visiting Mrs. McNees's sister in the
neighborhood. They went into Bells
Chapel, and while there young Hart
sell, while in the act OF setting down a
gun which he was carrying, and which
was heavily charged with powder and
paper wads, the hammer struck some
Object and the gun discharged, the
charge striking him on the nose, tear
ing It off. His left eye was also blown
out and the left side of his face badly
lacerated. His recovery is considered
verv doubtful.
The comet. (Johnson City, Tenn.) 1884-1916, 1894-02-01
LA GRIPPE BOOK FRRE.
Sent Post Paid During Febuary...Be
Onick and Get One.

Nearly everybody is having la grippe
now days, but, WHAT is still more unfor-
unate, q large per cent OF those who
are afflicted with this epidemic instead
of getting we'll, as they ought to, will
have chronic catarrh as the result.
This is almost invariably the case un'
less Pe-ru.na is taken as soon as posi-
BILE after Ia grippe begins. Every one
who has observed the effect OF Pe.ru-na
during the last three epidemics OF la
grippe positively knows that this RENE.
dy will cure il permanently. The fact
ia however, that o great multitude OF
people will not take Pe-ru-na. and the
foundation for chronic catarrh will be
laid. Here, again, Pe.ru-na 10 the only
reliable remedy. Even in cases that
the chronic catarrh has affected the
lungs and the early stages of catarrhal
consumption have been developed Re.
ru.na can be relied upon az prompt
and lasting cure. La grippe and
catarrh are at present the two great
est enemies ofliie in the land. Pe'ru-ns
is cure for either.
Send for a copy of the latest book
on these diseases. Sent free by The
Pe-ru.na Drug Manufacturing Com
pany of Columbus, Ohio.
The comet. (Johnson City, Tenn.) 1884-1916, 1894-02-01
Hundreds Of witnesses.

Stomach diseases, such as indiges-
ton, dyspepsia, ETC., are hard to cure
with ordinary remedies, but TYner's
Dyspepsia Remedy never fails. Thous-
ands say so who have been cured. Ii
YOU have a stomach trouble it ia your
duty to investigate until you find a
cure. Send for book Of particulars
CHOW to Cure Dyspepsia"-free-to
.Chas. o. Tyner, Druggist, Atlanta, Ca
The comet. (Johnson City, Tenn.) 1884-1916, 1894-02-01

ished reverses of the South, has borne
itself gallantly in the restoration of its
fortunes, that they should see to it
that its future record should be worthy
OF its past, and that every factor for its
upbuilding should be promptly adopt
ed. Surely no time could be 30 appro-
pirate for an emphatic declaration OF
this settled purpose as the centennial
of its birth as q Commonwealth; nor,
to borrow the language of the day,
could a more striking, far-reaching,
practical and inexpensive Advertise
ment" OF its unsurpassed resources be
made than the very nature of such an
event and first-clsss display Of them
would afford. 1t would challenge the
attention Of the country and inspire
citizenship of the State.
Once the proposition has received
the approval of the public, the detail
ed plans could easily be formulated,
30 It is unnecessary TO discuss them
with minuteness here. The american
however, earnestly advocates an ex.
position of the highest possible charsc.
ter, thoroughly representative of the
progress and resources OF every section
Of the State, each to be placed in close
contact with its management, on an
equal baisis of interest; comprehend
ing very avenue of the active energies
Of the people-such an exposition, in
a word, as would be q birds eye view
OF the achievements of Tennesseeans
in agriculture, commerce, manufac.
tures, the arts and sciences the part
they have played in developing civiliza-
ton, and q presentation of their
natural resources to the full extent.
Every city and all the larger towns in
the State would, doubtless erect build
ings on the grounds, and every coun-
try should make an exhibit, be it great
or small, for the history of each is a
part Of the annals of a common State
and each confronts patriotic obIiga.
tions to serve its future well. AS tor
the place, The american believes that
it may venture the opinion that Nash
vile would be the appropriate scene
for an event of this character. It is
the capital and is centrally located
the former consideration of senti-
ment, it is true, but in a matter of this
description Of decided influence the
the second circumstance ia of prime
business Importance from the nature
of the enterprise, it being necessary
that the nearest point to all sections ol
the State be selected.
Such is the proposition in general
The American, generating the history
of Tennessee, proud of the achieve
ments of its people and ambitious fol
its future, is convinced that Centen
nial Exposition, for which we now have
ample time to prepare, from a amateria
standpoint, would be crowned with
abounding and abiding benefits to the
entire State and to every substantial
/ interest and thas indirect, though no
less sure effects, through aroused ant
enlightened civic pride, would prov
! as practical as they would be patriotic
! Let the press and the people be heard
j The american, from time to time, vii
/. present otner features of the entel
The comet. (Johnson City, Tenn.) 1884-1916, 1894-02-01

nathies than ever. The ends aimed at
are none the less practical that they
are patriotic they do not commend
themselves less to the stirring present
that they are addressed to the unfold
iny future; and, standing at the expi'
ration of the first century OF its histo.
ry, the manhood of Tennessee could
offer no stronger assurance OF high
endeayerin the second than would be
afforded by hearty cooperation in an
enterprise conceived and sustained by
pride in it's past and loyalty TO Its
present. .,.. :. :.
submitted, approves the pIoposltlon.
As a matter OF sentiment, the centen-
NAL year is most appropriate for an
occasion of this character, and from q
business standpoint that date is equal
" advisable. This is pre.eminentiy
the age OF development. The south,
according 10 all indications,is entering
upon the golden era Of its history IN
material advancement. The assertion
is sweeping, but accurate, that the
world has never witnessed 80 heroic and
rapid progress from poverty TO plenty
from weakness to power, as has been
made by these Southern States in the
last quarter of . century. 1t happily
occurs. however, that evidence accu'
mulates to justify the conviction that
thew view this splendid record not as
measure of their capabilities, but
rather as an intimation of their posi-
bilities. and no man at all observant
of the current of Southern thought
and action, the ambition, energy and
enlightenment of the Southern people
can doubt that they have gathered IN
spiration from the hard-wrought
achievements of the last three decades
and are determined to utilize the mo
mentum thus gained to advance with
equal steadiness and even accelerated
steps to their highest destiny. Buoy
ant impulses, aggressive methods, uni
fving PURPOSES and broadening con
ceptions characterize this homogene
GUS, hopeful people, who, with lace tc
the front, view the future with deep
ening concern and exalted aspirations
In every direction we behold sure
proof of a vigorous desire to employ
every approved agency that promotes
progress and expands prosperity: Lat
ent wealth in mineral-gorged hills anc
valleys is being explored and grasped
idle capital is being applied in chan
nels of commerce and manufactures
long untouched acampaign OF educa
ton as to the inviting and vast oppor
tunities for profitable labor and sw t
enrichment is being conducted by ant
among the Southern people them
selves, and revelation is being made t.
the outer world of the undreamed nat
ural riches which stretch from the sea
board to the Mississippi below tn
Ohio. Each OF these favored Southerl
States has engaged in rivalry no
less genuine because it is generous TO
pre-eminence in the inspiring dram
} OF material development which is no.
unfolding. No argument is necessar
a to convince the people of Tennessee,
! State which, having shared the val
The comet. (Johnson City, Tenn.) 1884-1916, 1894-02-01
DR.. HaIe's Household Ointment

Is the finest remedy in the world. Tt
absolutely cures catarrh. 1t cures Neu-
ralgia and Rheumatism. Cures Piles
like magic. Cures Salt Rheum in the
most soothing manner. Cures infamed
and Granulated Eyelids. Cures Coughs
and Colds. Can be taken internally.
A positive specific for Pneumonia.
Cuts, Bruises, Burns, Chilblains, Sores
of long standing, Corns and Bunions
are cured quickly; different from all
else;superior to all else; it has no equals.
25 and SOC, boxes. Large size cheap
est. Sold at Mcfarland & Co.'S. drug
stsre.
The comet. (Johnson City, Tenn.) 1884-1916, 1894-02-01

prise, and its columns are open to the
views of the people OF every part of the
State. Let it be borne in mind in con-
siderating the matter that the enter
prise should be executed and main
tanned by the people and not appro-
riations from the revenues OF the
State.-The Nashville American Jan
18th.
The comet. (Johnson City, Tenn.) 1884-1916, 1894-02-01
Like Money
Prices Talk

Here are few eye openers, Everything
else in the store at the same ratio:
Mems Veal Calf Shoes, tap sole. $125
" BTff TfF Shes, Rs2 s,da tap Hod sole, s,,oss 799
Ladies' Solid Leather, .98S
Grained S5
Our stock of Dry Goods and Notions is
very complete and the prices will interest you.
In Groceries and Produce we are leaders,
both in quality of Goods and Prices.
We want to buy Country Produce and will
pay the highest market price for same in cash.
Call on us for what you want.
CHAS. N. BROWN & BRO.
The comet. (Johnson City, Tenn.) 1884-1916, 1894-02-01

'Gpse1 sGsAVs eS ssnqsL susdEH
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1894-03-20
COURT NOTES.

Judge Cooper presides in Cham
bers this week.
The Supreme Court March term
was opened yesterday morning at
10 o'clock a. n. Present on the
bench: Judd, CD, Bickerton and
Frear, j. Following are the cases
disposed of
Jose MaceiI VS.. Jose Freitas; ex-
ceptions from the Second Circuit
Court. Rosa for plaintiff; Creigh-
ton for defendant-appellant.
Provisional Government Hawai-
ian Islands VS.. Aloiau; exceptions
from Fifth Circuit Court. Attorney
General for prosecution Hartwell
for defendant.
Akoi (w.) VS.. Ken Kau; divorce
appeal from Fourth Circuit Court.
Kane for plaintiff-appellant W. K.
Castle for respondent.
II. H. Parker VS.. J. Shaw; APP
peal from Honolulu District Court.
Hatch for plaintiff-appellant; At
torney-General for defendant.
In re estate of D. Ehu; probate
appeal from Judge Cooper. Hart
well for Kea ct al. ; Magoon for
Lizzie, appellant.
In re Takeshisa Matsuji; habeas
corpus appeal from Judge Hardy.
Hartwell for petitioner-appellant.
In the matter of the estate of +.
S. Pratt, the widows application
for administration was partly heard
before Judge Cooper and continued
until Friday next, it transpiring in
evidence that the deceased had
made a will purporting to leave
everything to the widow for the
term Of her life, and after her death
the property was to go to Theresa
Cartwright. The postponement is
made In order to cite the said The
resa Cartwright to show cause why
the application for administration
should not be granted. VIM. Eos
ter appeared for the widow, petit
toner.
The two cases entitled u. S.
Spalding VS.. The Sun Insurance
Company and q. S. Spalding vs..
the Alliance Marine and General
Insurance have been transferred to
the Admiralty department OF the
First Circuit Court, owing to q
demurrer to the jurisdiction being
filed by the insurance companies
The fofmer is a claim for $15O(
and the latter case is also a claim
for another $500 for Insurance.
upon the steamer Waimanalo which
was abandoned by Captain Dudolt
but afterward lifted by Arthur Nc
Dowell. F. M. Hatch for libellant
&c. w. Ashford for the insurance
companies.
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1894-03-20
WHARF AND WAVE.

The S. S. China will leave San
Francisco on April 10th for this
port, en- route Tor the Orient.
The barkentines Robert Sudden
and Jane l.. Stanford and two other
coal-laden vessels are on their way
to this port from Newcastle.
The bark Helen Brewer will leave
for Hongkong as soon as she dis
charges her freight for this port.
Mr.. F. L.. Ware will depart for
San Francisco on the barkentine
Irmgard.
The schooner Aloha is daily ex-
pected from San Francisco.
1t took the bark Albert fourteen
and half days to reach San Fran
cisco on her last trip.
No foreign merchant vessels were
sighted yesterday.
The Australia will be due on next
Saturday with eight days later
news.
The Planter is at the Fort street
wharf taking in sugar.
The Kinau, Iwalani, and Mika-
hala will leave today for ports on
the other islands.
The departure of the Claudine
has been delayed until tomorrow.
She is on the marine railway re-
ceiving some necessary repairs.
The bark c. D. Bryant will prob
} ably leave for San Francisco to-
morrow.
The whaler Barker arrived of
port yesterday.
The Vlllalta is at the Kinau
wharf taking in sugar. She viii
leave for San Francisco during the
week.
The Irmgard is at the railroad
wharf. She will leave for Sar
Francisco tomorrow morning will
1900 tons of sugar. Captain Schmid
will carry a number of passenger
with him.
5 The bark Helen Brewer is a
Brewers wharf discharging he
= cargo.
Z The Allen a. will load sugar thi
; week for Castle Il Cooke.
4 The S. G.. Wilder will commend
/ loading within a day or two.
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1894-03-20
Mr.. HARRY ROBERTS
A Newspaper Artist, Late of the
San Francisco Evening Post

Is prepared to make illus
trations for newspaper ad-
vertlsements, or for book and
lob work at short notice.
Cuts of buildings, portraits,
real, estate maps, etc, made
at Coast rates.
Fine pen work for labels
and photograving. Music
copied.
Address care Of the ADvER-
TIsER Office.
3636-tf
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1894-03-20

The Eiffel Tower is to be put to
sleep" Near London there is In
process of construction gigantic
tower which is to overtop the Eitfel
by IT'S feet, and with its base l65
feet above the level of the sea, Will
reach 1900 feet above sea level.
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1894-03-20

The ADVERTISER is deliver
ed by carriers to any part of
the city for so cents a month, in
advance. Subscribe now and keep
MP with the new year. Ring up
TELEPHONE No. IS.
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1894-03-20
The Illustrated Tourists GHide

that popular Scr&. "iss FOUz-es's
GUIDE THROUGH rEE iANAuAr iSl-
AsDs,' is meeting with s5e4uy se-s
both at nome And abroad. Tourists an6
others visiting THESE islands should DO
in possession o. copy of 1t. 1t is per
ect mine of information relating 70 tee
scenes and attractions 10 be net with
here. Copies IN wrappers Can Je hsd ST
the publication otice. - Merchant
street, and al the Sses 9asle-r. Price
co cents