davidaulloa/AmericanStories huggingface dataset:
The Portland daily press., 1895-06-18

By the coinage act of 1884 silver dollar
was coined in which the silver was un-
dervalued That is to say the commercial
value of the silver in that dollar was
greater than its representative value.
Under the same act a gold dollar was
coined. Both dollars had stamped on
their face "One dollar. The representa-
tive value given them by the government
was precisely the same. If Mr.. Talbot
idea that people never think of the intrin-
sic value of coin is correct these two
dollars ought to have circulated side by
side at their representative value which
was the same. Now what did actually
happen? Simply this. The people very
quickly took note of the fact that the sill
yer dollars intrinsic or commercial value
was greater than it's representative value
and sold it as bullion. Again the silver
men are alleging day after day that the
gold dollar has appreclated-that its pur-
chasing power has increased-and one of
the objects of the free coinage of silver
is to diminish it's purchasing power.
But the representative value of the gold
dollar as indicated by the government
stamp upon it has not changed 1t is
still dollar Now how does it happen
that its purchasing power has increased if
people have not taken note of the in
creased value of the bullion in it? The
gold in the gold dollar of today will not
make any more finger rings than the gold
in the gold dollar of twenty years ago
the quantity is just the same-but the
silver men tell us that people will give
more of their lands, their products and
their manufactures for it. Why? Be-
cause the silver men say the value of the
bullion in it has increased byLreason of the
greater demand for it caused by the de-
monetization of silver. Now if Mr. Tai
bot is going to contend, as he apparently
does in his article published elsewhere
that intrinsic or commercial value of mon
ey is irrelevant, that nobody ever thinks
of it then he will knock the foundation
completely out of the free coinage theory,
for the chief corner stone of that is that
the rise in the commercial value of the
coin in the gold dollar has pushed the
representative value of that coin up to a
dollar and half, and has thus worked
great injustice to the debtor classes If
the alleged rise in the value of gold bull
ion has not affected the exchange value
of the gold dollar then all this outcry
about the injustice done the debtor classes
by the appreciation of gold is mere empty
noise, and the only possible merit in the
free coinage theory-that it might save
the debtor classes from injustice-is gone
The Portland daily press., 1895-06-18

and silver of it's worth as an object of
beauty and decoration.
To talk about fifty cent dollars, chean
dollars, dishonest dollars, is to raise con-
siderations, which have no relevancy to
The principles of monetary science, and
yet there is superfuous crowd of self
appointed teachers of that science, MANY
Of them from editorial chairs, some from
the desks of college professors who are
fiaring their lights on the ignorance of the
world, and proposing educational cam
paigns to bring the modern minds to look
at the money question as the savage did
who first consented to take bit of gold
for an elephants tooth, as the child does
who determines the value of money by it's
intrinsic, ornamental capabilities-the
amount of pleasure he can get by looking
at it.
The real value of money being it's repre-
sentative value-its sure exchange ability
for useful things-and that value being
created, as it could only be, by pure con-
vention, money loses that conventional
value, and drops into its intrinsic value
whenever the convention, that made it
money, is Withdrawn or seriously modi-
fed. For all the fluctuations of the differ
ent money notwithstanding out, properly,
the effect ON prices of lessened or in
creased production OF all metals used for
coins-an adequate cause can be found in
some inconsiderate legislative, or admin
istrative tampering with the standard.
If these views did not have as they do,
the sanction of tho highest scientific au
thority, an appeal against the theories of
doctrinaries might be taken to the daily
transactions in every trading community
in the civilized world Why will prudent
people to-day, why will they tomorrow
part with the ownership. of valuable
things, that cost labor as houses, ships
steam engines and gladly take agreed
quantities of gold or silver coined disks
in exchange? Because they think they can
work up the metals into finger rings, gold
headed canes, watch cases. forks and'
spoons? Does such consideration ever en-
ter the hard head of one business man?
He takes the disk because they have
symbolic and conventional value, and be-
cause he can with them command another
house, another ship, another steam-en-
gine, whenever he may want them. He
takes them as valuable alone in their rep
resentative character, for he will take
with the same alacrity bills, notes and
checks, which not only do not have, but
cannot have any intrinsic value.
G. f. TALBOT.
The Portland daily press., 1895-06-18
PORTLAND DAILY PRESS
MAINE STATE PRESS.
subscription Rates.
AND

DAILY tin advancel SC per year; So for six
months; S1.50 quarter; 90 cents month.
The DAILYis delivered every morning by
carrier anywhere within the city limits and at
Woodfords without extra charge.
DAILY (Not in advance, invariably at the
rate of 81 year.
MAINE STATE PRESS. (Weekly) published
every Thursday. 50 per year; 81 for six months
30 cents a quarter; 25 cents for trial subscrip-
ton of six weeks.
Persons wishing to leave town for long or
short periods may have the address Of their
paper changed as often os desired.
Advertising Rates.
IN DAILY PRESS S1.5o per square. first
week, as cents per week after. Three inser-
tons or less. Sloo per square. Every other
day advertisements, one third less than these
ate s.
Half square advertisements s1.oo per week
first week; half price each succeeding week.
"a Square" is a space of the width of a col
umn and one inch long,
Special Notices, on first page, one-third ad-
ditional.
A,,.tscnaents and AUCTION Sales, $500 per
square each week. Three insetions or less,
S1.50 per square.
Reading Notices in nonparlel type and
classed with other paid notices, 20 cents per
inc each insertion.
Pure Reading Notices in reading matter type,
20 cents per line each insertion.
Wants, To Let, For Sale and similar adver-
tisements, 25 cents per week in advance. for
40 words or less, no display Displayed adver-
tisements under these headlines, and all adver-
tisements not paids lin advance. Ewill be
charged at regular rates.
In MAINE STATE PREss-S1.0o per square
for first insertion, and fifty cents per square for
each subsequent insertion.
Address all communications relating to sub
scription and advertisements to PORTLAND
PUBLISHING Co., 81 EXCHANGE STREET,
PORTLAND, ME.
The Portland daily press., 1895-06-18
REPRESENTATIVE AND INTRINSIC
VALUE,

In his article published elsewhere the
Hon. George f. Talbot says, and says
truly, that the paramount question, if
not the sole question, as to everything
that subserves the use of money, whether
metallic or paper, is will it pass?" 1t is
doubtless true that exchanges of COM
modities might be effected with articles
of no intrinsic value provided that every
body would agree on a definite exchange
value for these articles and stick to it, A
man would readily part with pound of
tea which had cost him days labor
say, to produce, for a piece of paper of
certain size and bearing Ia certain device
provided he felt sure that the piece of
paper would be received by other persons
for some commodity which he wanted of
a like value to the one he had parted
with for it. Anything would
effect exchanges that was generally accep-
table at the same value. But the element
of aeceptability is of vital Importance.
Therefore in providing a medium of ex-
change something must be sought that is
likely to be of general acceptability. If it
is not of general acceptability at a stable
value, at, some time it will cease to per-
form the function of medium of ex-
change and will be left in.the hands OF
somebody who will be unable to exchange
it for the equivalent of the thing that he
has given for it, and this somebody will
suffer loss. sNow while it is conceivable
that something of no intrinsic value
might be so generally acceptable that it
would perform the function of medium
of exchange, it is highly improbable that
it would be, especially when the people
among whom exchanges were to be effect
ed were of great number, spread over
wide territory and unacquainted with one
another. Everybody desires gold and sill
yer for its own sake. Both have a
large commercial value. Nobody desires
piece of<paper, it has no commercial
value, and if somebody should repudiate
the representative value that had been
given it as medium of exchange the party
last holding it would suffer total loss
to the value of the article he had parted
with for it, Being of commercial value
the chances are far less that any one will
E6luSo u plSCS VI uuuucy ulduS Ol SOlu ana
silver in exchange for articles, than piece
of money of paper that. has no intrinsic
or commercial value. Intrinsic value
therefore is of high Importance in money,
because it increases its acceptability and
diminishes the chances of it's being repu-
dated along the line of exchange 1t as
sists in giving an affirmative answer tc
the paramount question" will it passi
1t may not be true to the extent claimed
by the monometalists, as quoted by Mr..
Talbot, that the government stamp ac-
complishes nothing except to certify the
weight and fneness of the metal in the
coins We are inclined to think that ii
does create a certain kind of confidence,
difficult to define exactly, that renders
them less liable to be refused But it
Is certainly not true, as..Mr. Talbot alleges
the bimetalists claim, that intrinsic and
commercial value is of no consequence.
The Portland daily press., 1895-06-18

Chief Justice Fuller in an interview,
points out that the decision of the Cir
cult Court of Appeals in the South Caro-
lima case did not touch the merits of the
question at all, but simply teemed in
points of law. The constitutionality Of
cred at all
The Portland daily press., 1895-06-18

Senator Lindsey joins Col Watterson
in warning the Kentucky Democrats that
unless they abandon the free coinage
cause, the state will be carried by the Re-
publicans in August. But as the silver
men are in control of the party organi-
zation there is likely to be no abandon
ment of that issue.
The Portland daily press., 1895-06-18

The Greenbackers used to claim that
the government stamp confused value,
and that therefore paper could be made
into dollars just as well as gold and sill
yer. The Hon. George F. Talbot appears
to be believer in that theory.
The Portland daily press., 1895-06-18
THE PRESS.
TUESDAY, JUNE IS.

Times may be hard, but more Ameri
cans are finding money enough to go to
Europe with this summer than ever be-
fore.
The Portland daily press., 1895-06-18
THE DAILY PRESS

Can always be found at the periodica
stores of:
e. so9a g. san,sa2l asslilI 1oa ss2 Congress street.
w. F. Goold. 4O5 I"
\; \; 6; Fessenden, 5ae q .
/. a. Libby. SEQ
T. A. Jellison, eS5 Congress street.
G. DaSilva, 221 Spring! street.
t'J. J. Beardworth. 81 India street.
P. II. Erskine. 4S Middle street.
J. W. Peterson, 2 Exchange street.
H. G. Todd, Cor. Commercial and Park
w. A. Golden. 7e Exchange street.
Westman & West, 93 ana 95 Commercial
street.
Miss Norah Pearl, 100 Bracket street.
John H. Allen, 3811a Congress street.
Dennet g. Co. the Florist, 645 Congress street
G. J. Hodgson. 9e1s Portland street.
I. M. Glendening, Long Island.
F. L. Brackett. Peaks Island.
3 L. Littletield, 18S Congress street.
NJ. A. Parker. Libby's Corner.
&C. Berry. 9S7 Congress street.
Forest City News Co., 422 Congress street.
Mrs. Bradbury. cor. Spring and Bracket
Mi. Wyer, 4s Portland Pier.
John Cox 23 Monument square,.
4. A. Sweetser, Cor. Dow and Brackett St.
E. j. farrell, 219 York.
bennett, the Florist, 563 Congress street.
Also at the new STANDS in the Falmouth
Preble and United States hotels, and Grand
Trunk and Union Depots. 1t can also be OBJ
OF the Maine Central, Grand Trunk and Port
land g. Rochester railroads and ofagents on any
OF the Boston trains.
The PRESS can also be found at the foIlowius
places out side the city:
Augusta-J. F. Pierce, Pierce
Bath-John o. Shaw.
Berlin Falls, n He. S. Clark.
Biddeford-A. n. Burnham.
w. 7. Bardsley.
Brunswick-F P. Shaw.
Cape Elizabeth-Dyer s. Jose.
Cumberland Mills-H &. Starr.
Camden-Fred Lewis.
j. H Could
Cornish-E. L. Brown.
Deering-N. j. Scanlon.
Damariscotta-E. w. Dunbar.
Fairfeld-E. H. Evans.
Freeport~A. W. Mitchell.
Green's landings. w. Fifield.
Gorham-L. J. Lermond.
n. HIS. NJ. Leavitt s. Son.
Kennebunk-J. H. OTIS.
Kennebunkport-C. E. Miller.
Livermore FaIls-C. Newman
Long Island-Hughey Bros.
Limerick-S. A. Grant
Mechanic Falls-F. l. Merrill.
Norway-F. P. Stone,
RlclIn 0nQ-G6O. T.. Au6S.
Rumford Falls--H. L. Elliott
&C. A. Clifford.
Rockland-Dunn g. Carr.
A. j. Huston.
Sanford-F. H. Wingate.
Skowhegan-Bixby & Buck.
South Portland-J. F. Merrnnan.
South Windham-J. w. Read.
South Paris-A. D. Sturtevant,
South Paris-F. A. Shurtleff
South Waterboro-G. c. Downs.
South Portland-A. Campbell.
Saco--H. B. Hendricks s Co.
f. L. Preble.
South Bristol-N. W. Carnage.
Thomaston-E. Walsh.
Vinal Haver-A. B. Vinal
Waldoboro-Geo. Bliss.
Watervlie-W. ID. Spalding.
Westbreok--W. B. Boothby.
Woodfords- Chapman g. Wyman
Yarmeushville-G. Howard Humphrey.
Persons having any difficulty IN obtinin 4
papers at any OF these places will confer Sfavel
by reporting the matter at once to this ofiac
Freeland tribune. (Freeland, Pa.) 1888-1921, 1895-02-04

More frequent mails for country dis
tricts and their free delivery in all set
lied townships, is an issue that will not
down. So far as possible the countr;
should enjoy equal privileges with
large towns and cities. This must be
accomplished even if the expense is
partially borne by the cities. They
draw their very life blood from the
country, and their commerce depends
upon agriculture. National develop.
ment for several decades now has beer
TN measure at the expense of the Iurl;
districts, until the flow of population
from country to town is pregnant
with grave danger. If the recent cloc
tons mean anything, they mean thai
the people want government to take
hold in earnest of just such problems
as this that so vitally affect the every
day life of our people right here al
home. Experiments show that rura;
free delivery would be very nearly self
sustaining, but ninety-nine out of 4
hundred of the American people arc
willing that the poStotficc department
run behind n few millions a wear. II
necessary, in order that the rural rc
gions may have more mails and free
delivery. A simpler classification OF
postal matter, cheap parcel post and
a fractional currency for use in the
mails are also needed to make our post
office department serve the people as il
should. Let this issue be agitated un
til, if the present Congress fails to ac
cede to these demands, they may b,
promptly granted by the next Con
gress. Fortunately, no partisanship I.
involved, and it is simply question Of
the people expressing their desires
with sufficient force to compel acquies
Freeland tribune. (Freeland, Pa.) 1888-1921, 1895-02-04

self again. I am sitting in front of q
cosey fire of soft coal, sewing some
thing light. Near me is-near me is
yes, it is Jack. Mr.. Willoughy. I
mean. He is talking to me very gay
ly, and am smiling and listening.
Now the door opens and two children
come bounding into the room; boy
and girl. They want to bid us good
night, they say. They look so mich
like Jack they might almost be-al-
most be-his nephew and niece"
The Mirror (gently)-"Are you
happy?"
There is no answer from the belle,
for she wakes up with start.
The Belle latter looking earnestly
at the mirror, which is as bright as crys-
taD--'I have been dreaming and it is
nearly five o'clock. But am not sorry.
An embarrassment of choice, Celeste
said. thought so, too, but we were
both young. 1 told her l might read
and 1 might write. (Smiling.) Well, I
have read a great deal; think will
write little. (Writes.) -
My Dearest Jack: don't think I will
keep you waiting week for my answer.
am yours as soon as you come TO claim me.
ETHEL.
Life.
Freeland tribune. (Freeland, Pa.) 1888-1921, 1895-02-04
Slack in His Geography.

A curious incident regarding q strait
occurred during the Russian War. II
would have been ludicrous, if any
thing can be ludicrous connected With
war. Commodore Elliott was block.
aiding Russian squadron in the Gull
of Saghalin, on the east coast of 81
IBERIA. Thinking he had the Russians
in a cul de sac, he complacently wait.
ed for them to come out, as the water
was too shallow for him to attack them,
AS the enemy did not come out, he
sent in to investigate, and found, to
his astonishment, that Russians and
ships had vanished. While he had
been waiting for them in the sonth
they had quietly slipped out by the
north, teaching both him and the
British Government rather severe
lesson in geography, as it had beer
thought that Saghalin wasan isthmus; i;
and they were totally unaware of
narrow channel leading from the Gull
to the Sea of Okhotsk. New York Ad
vertiser.
Freeland tribune. (Freeland, Pa.) 1888-1921, 1895-02-04
WISE WORDS.
ETHEL,
Life.

A rogue is a roundabout fool
A full Jail is better than an empty
one.
Gossip is generally a desire to get
even.
A drop of ink may make a million
think.
1t is rare man who can do favor
delicately.
You seldom admire man you see a
great deal of.
Rank and riches are chains of gold,
but still chains.
1t is not hard to forgive a lie told
with good intent.
One drop of scandal will spread over
whole lifetime.
What we place most hopes upon
generally proves most fatal.
Everything man likes to do a
woman can prove is wicked.
The man who knows the world and
is not cynic is usually fool.
An evil intention perverts the best
actions and makes them sins
In the meanest hut is n romance, if
you but knew the hearts there.
The fools are not all dead yet, and,
what is more, they never will be.
Every human heart ought to be a
bird cage with singing bird IN it.
OF all virtues justice is the best.
Valor without it is a common pest.
The happiness of your life depends
upon the character of your thoug hts.
The wise man expects everything
from himself; the fool looks to others.
The people pay more for love than
for any other necessary evil on earth.
The more friends business man
has the more things he sells below
cost.
The trouble with most peoples
economy is that they don't save any
money by it.
The younger n woman is the more
indignant she is when she hears of q
bad husband
1t is all right to vote for the coun-
try's prosperity, but you must work
for your own.
What is birth to man if it be n
stain to his dead ancestors to have left
such an offspring?
Freeland tribune. (Freeland, Pa.) 1888-1921, 1895-02-04

M. L. Fletcher, an English mineral
ogist, tells of remarkable fall of
stones which took place at some early
date in the history OF Mexico. He
describes fourteen huge masses in all,
and advances the very likely theory
that they originally formed single
meteoric mass that was shattered by
the intense heat engenderel while
passing through the earth's atmos-
phere. The fragments of this immense
meteorite are scattered over section
of country sixty-six miles in length
and twenty-five in width, and it is es-
timated that its total weight was but
little short of 10000 pounds. One
piece of it, now in the National Mu
scum at Washington. -Atlan nta Consti.
tuition.
Freeland tribune. (Freeland, Pa.) 1888-1921, 1895-02-04

What is probably one of the finest
moose heads in the world was taken
to Bangor, Me-, this week by G. H.
Crocker, OF Fltzburg, Mass. The ami
NAL was shot up in Aroostook County
at the Ok Bow, and the moose weighed
1400 pounds. 1t is about absolutely
perfect IN size, shape and spread OF
the antlers. The autlers spread sixty
inches, and when it is considered that
fifty-one inches is large spread, some
idea of the immense antlers of this
moose is obtained. The largest set OF
antlers of which there is any record is
sixty-one inches, and this moose sur
passed that animal in the shape and
formation. Boston Herald.
Freeland tribune. (Freeland, Pa.) 1888-1921, 1895-02-04
1UILAB Y

Dear little girl, goodnight, goodnight,
The pretty birds in their nests are still;
We watched the sun as he sank from sight,
Over the tree tops on yonder hill.
Two stars have come since the daylight ent.
Away over there in the sky's dark blue,
They must be angels that God has sent
To watch my baby the whole night through.
Dear little girl, goodnight, goodnight
hear the frogs in the meadow call;
They croak and croak in the evening light,
Down in the pond by the old stone wall.
think, perhaps, that they tell the flowers
Never to fear, though the world is dark
They know the FREELY lights the hours
All night long with his cheerful spark.
Dear little girl, goodnight, goodnight.
Dear little head, with your silky hair,
Dear little form that l hold so tight,
Cozy and warm in the nursery chair!
White lids are yelling the eyes so clear,
Over their blueness the fringes creep,
Slower and slower l rock you dear,
My little girl is asleep, asleep.
Good Housekeepings
Freeland tribune. (Freeland, Pa.) 1888-1921, 1895-02-04
Pneumntic Postal Tubes.

The pneumatic tubes laid dowr
some years ago between the mair
Office in London and the railway
stations have been abandoned because
they were not always reliable. 1t SO
happened that when they were most
needed they failed to work and some
foreign mails of the greatest import
ance to the British Government got
stuck in one of them one day and
missed a steamer. The tubes would
be great convenience if they could
be relied upon. for they carry in two
minutes the same amount of mail thai
it would require wagon twenty
minutes to carry. The tubes are still
In the earth and will probably be i'm
proved some time SO rs to make them
successful. Chicago Record.
Freeland tribune. (Freeland, Pa.) 1888-1921, 1895-02-04
How Horses Sleep.

When the horse sleeps, one ear is
directly forward, why it is not known.
A naturalist thinks this is to guard
against danger, being a survival of
their original wild habits. He says
"Watch horse asleep through the
window of his stable, and make faint
noise to the front. The ear will be all
attention, and probably the other will
fly round sharply to assist. Now let
him go to sleep again, and make the
same noise on one side. The forward
ear will keep his guard, with possibly
n lightning flick round, only to re
sumo its former position. New York
Dispatcb.
Freeland tribune. (Freeland, Pa.) 1888-1921, 1895-02-04
Tanned a Pair OF Elk,

A Chehalis County (Wash.) farmer
has lately been creating good deal OF
interest with pair of elk which he
had tanned and trained to do many
things usually done by horses. A few
days ago traveller offered him good
price for his elk, but the farmer re-.
fused to part with them. The same
night cougar got into his barn and
ate up one of the creatures. Chicago
Herald.
Freeland tribune. (Freeland, Pa.) 1888-1921, 1895-02-04
WrOth Siiyer.''

"Wroth silver" from the several
parishes ofhis hundred of Knightlow
in Warwickshire, in England, was col.
lected few days ago by the Duke of
Buccleugh as lord of the manor. The
custom dates back to feudal times.
For every penny not Forthcoming the
prescribed penalty on the defaulter is
So or else the forfeiture of white bull
with a red nose and ears. Chicago
Herald. -
Freeland tribune. (Freeland, Pa.) 1888-1921, 1895-02-04
Loaf Sugar in Morocco.

An important article of trade in
Morocco is loaf sugar, which is in
general demand for presents. Every
person approaching superior, whose
favor or good will it is desired to pro-
pitiate, is bound to bring gift. He
cannot appear empty handed, and the
form that is most commonly taken by
the gift is loaf sugar. New York Dis
match