davidaulloa/AmericanStories huggingface dataset:
Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1895-08-21
The Richest Country.

"That country which has the most
metallic money is always the richest
country" is the claim OF a leading free
coinage organ. This idea is a favorito
argument with the ifty-cent dollar
advocates, and as everybody wishes to
be rich il is no wonder that the scheme
for coming all the silver in the world
should prove attractive. But there
is the serious objection TO this silver
tie theory that the quantity OF money
has nothing to do with the real wealth
of a country. The true test OF Ma
TONS wealth is the standard Of living
OF its people; their houses, furniture,
clothes, food, can OF travel and
transportation, books, pictures, etc.
A country in which people are well
housed, fed aud clothed. have short
hours of labor and are able TO provide
themselves with amusements and lux
uries; in which there are many iac'
tories, mills, railroads, steamboats,,
schools, etc, is rich. although 1t may
have very little gold or silver. IN
fact, since the production OF those
metals requires the expenditure ols
large amount of labor which might be
more proftably devoted to increasing
the kinds of wealth referred TO above,
under otherwise similar conditions
the country which has a large stock
of metallic money is so much poorer
than one which has but little. It's
certain that wealth in a form In vhieD
it cannot be used to crafty some neel
or desire Of its Is greatly Ih.
ferior to the more serviceable kinds Of
wealth.
1t may be said that since property
is measured in money q country WIN
a great deal of property needs q large
amount of money in orderto facilitate
the exchange of wealth. Money H
certainly necessary for this purpose
but in civilized society only very
small quantity of metallic none!
serves as a basis for a system Of
credits by which an enormous volume
of business Is carried on. The ldea
that there must be as much metallic
money as there is wealth Is like cay,
ing that there must be as many blsDsi
measures as there are bushels OF gram
As a farmer who should spend histins
making hundreds Of measures for us
own use would be poorer for his pans
so an attempt to get richer by incr'''
ing the quantity of our measure 0,
values, would only be a waste o.
human effort. Instead OF trying y
coin more metal, the professed money
reformers should assist in estsbiisnins
a currency system SO sound taaIn
would be firmly based on conhdelge
and would require the least PossiD''
coin basis.
Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1895-08-21
Why GOLD WOULD BE DRIyPy
OUT.

The Journal of Agriculture, a ST
louis paper which is engaged in de-.
ceiving the farmers with false pre.
lenses as to the alleged benefits Of
free silver, replies to the ~undeniable
statement OF the sound money press
that free coinage at 16 TO l would
drive out our gold: "But if it were to
drive out gold it would be because sill.
yer were the better money. A good
article of fruit or any other product
generally drives out the inferior" 1t
is probable that the writer OF this
financial gem has never heard Of the
Gresham law, or il he knows anything
about it imagines that it can be re.
pealed by a free coinage Congress.
Although the operation of the natural
law which governs the circulation OF
money OF different values was e1-
planned in England three hundred
years ago by Sir Thomas Gresham,
there still exists among the advocates
of cheap money nostrums a profound
ignorance of its principles. Briefly
stated, the Gresham law is the recog.
milton of the universal experience OF
mankind that wherever full legal ten.
der coins of the same nominal value,
but differing commercial value, are
issued in any country. the cheaper
and poorer money will always drive
out the better.
Why money should be an exception
10 the rule that a good article will
drive out an inferior, is due entirely
TO the legal tender quality which
Governments bestow on the metals OF
which money is made. II the United
States we're to issue legal tender eagles
containing only 200 grains OF gold, it
is certain that the 232-grain eagles
would at once be driven out Of circu-
lation and either boarded or melted
down and sold as bullion. For nobody
would pay debts or buy goods With
the more valuable coin, when credit
ors or sellers were compelled by law
to accept the inferior. That this
would be the result will not be denied
by the silverites, who know that II
they had cheap and dear coins in their
pockets, they would, ii possible, use
the cheaper.
Exactly the same principle would
regulate the circulation OF the inferior
low-priced silver dollars under free
coinage, when the Government would
be under no obligation, as 1t Is now,
to maintain our gold and silver coins
at a parity. If this country were to
adopt unlimited free coinage, We should
have legal tender gold money worth
its face as bullion, and legal tender
silver worth only half its nominal
coinage value. Just as cheap gold
coins would drive ont those OF better
quality, so would the inferior silver
dollars force gold out of circulation.
This is not a matter of theory but OF
fact. proved in every country which
has tried the experiment. And until
the silyerites change human nature
so that men will prefer to keep the
cheaper money and pay debts or buy
goods with the dearer, it will be In
possible to prevent free coinage re-
placing our superior gold currency
with one vastly inferior.
Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1895-08-21
The Silver SWindlc.

If l buy a coat for 80, that meaoS
that the other man buys GU iot .
coat. Democrats don't believe t1.'
Government ought to interfere y
make me buy one coat when l Volll
prefer to buy another, and no homes
man believes that / ought to be H1l.
to accept q coat different from the o-s
Ihave bought. Will some free silver L..
explain how it is any more homes.
mike me contract for one kind o, ~
lars when l would prefer another AlII,
OF to make metake silver dollars sA
! have contracted for gold onesf
it is swindling Tor you TO cheat me-
the coat end Of the trade, Isl o.
less dishonest for me to sSindIs ~
ct the money end OF the TRANSACTION
Hon. John De Witt Warner
Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1895-08-21
our Monetary Neels.

"What our people need is cool
credit, good money, good principles
and sound business sense. Visionary
schemes and debased money never yet
made a Nation prosperous. The quail
ity OF the money used in any country
Is far more important than the guam
tity. The laws should be drawn to
protect the men who earn money. A
man who works faithfully and lives on
his daily earnings should never be
sacrificed for the benefit of men who
live on what they borrow Hon. r.
q. Horr.
Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1895-08-21

To repeated requests by the advo-
Gates of the gold standard that the
free coinage agitators should furnish
some proof of their assertion that
there Is not gold enough IN the world
70 serve as a standard of value, the
.s~ilverites have given no reply. They
have not proved their claim Of a scar
city of gold, because they DO not know
70 what extent the use OF credit
money is doing away with the neces-
sitv OF gold coin. Under a proper
banking and system of paper currency
there is no doubt but that there Is far
more gold In the world than can be
probably used as money.
Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1895-08-21

T~hepretense that this country could
by adopting free coinage at l6 TO /
force the rest of the world into an IN
ternational agreement to coin silver
at that ration, is only q blind for the
schemes Of the silver standard aIvo-
Gates. The gradual adoption OF All
the progressive and enlightened Ma
tions of the single gold standard was
due to their conviction that the COM
mercisl velue of silver could not be
maintained at its coinage ratio 10 gold.
After deliberately abandoning silver
because OF their belief 10 the superior
ity OF gold. It Is hardly probable that
the gold using countries would now
go back TO their rejected standard.
Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1895-08-21
SMALL CHANGE.

The alleged fact that se~venty-fve
per cent. of the people of the world
use silver money exclusively Is no
reason why this country should adopt
the silver standard. The 400, 600, 600
Chinese and 200, 600 900 HindoOs are
not so far above Us in civilization that
we should initiate them. If numbers
are to rule, why DO not the silverites
cultivate pigtails and live on a rice
diet
Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1895-08-21
Silver Craze SuDsidIng.

The silver craze has seen its best
davs. Its going out is as sad and
lonesome as It's coming in was gay and
breezy. The return Of prosperity
and a magnificent crop prospect have
knocked it silly.
Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1895-08-21

"We,l. says q Swcde who was
asked how be stood on the money
question. even i nave gold ANA goli
buq ven 7 have silver I ana q free sill
Yer man, aul ven / have no money at
ali I am O. pop. Hayes Center ,Neb)
Republican.
Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1895-08-21

Some people talk as il free and IN
limited coinage of silver can free
and unlimited wealth to all without
working a lick. The greenbackers
taught the same false ideas.
Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1895-08-21
CORN IS KING.

But, in view of the fact that corn,
the great Kansas staple, has for years
past ranged fifty per cent. higher than
it did twenty years ago, what miser-
able hypocrisy to talk of Kansas being
ruined by the ''crime of 49," and the
necessity of debasing the dollar on ac-
count OF the "fall in pricesl"
How does it hurt a Kansas man to
buy plows, reapers, binders, binding
Irvine. clothes, wire fencing, nails,
tools and nearly everything else he
wants at half what he paid twenty
years ago?
But, say the demagogues, "Give
us n cheaper dollar for the wheat
raiser to pay his debts with, because
wheat has gone down. BY the same
argument We ought to have a dearer
dollar for the corn raiser TO pay his
debts with because corn has gone up;
and where would that leave Kansas?
What sort of a figure would a Kan
sas Congressman cut, who would go
down to Washington and howl for
if;y-cent dollars on account Of the
fall in prices? Some shrewd Yankee
would pail out the report of the Kan
sas Board of Agriculture and prove
that the very thing Kansas sells most
OF is greatly higher than it was in
1872, while nearly everything she
buys Is cheaper; and the Congress
man would become the laughing stock
of America.
Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1895-08-21
THE R1aHr TING TO DO.

Away with such stud and nonsense
and all the twaddle about no money
to do business with? No man who
has a marketable commodity to-
day has the slightest trouble to
get money for it, and, if we
haven't anything to exchange for
money, the minis might run till.
doomsday, turning out ffty-cent dol
lars, and we wouldn't get any. The
great need OF the hour is not cheap
dollars but common sense. Let us
sit down, once and for all, on the
cranks and demsgogues and all their
schemes; quit bowling; get down to
business, and try to earn some of the
good dollars that are in sight, rather
than spend time yelling for cheap
dollars that are not in sight and never
Will be. For, if every man in Kansas
were to shout himself hoarse for the
10 to l scheme, it would come 70
nothing 50 long as seventy millions of
people outside of Kansas retain their
wits-which they are doing very per.
sistently at this time. We can't hurt
the country much, bat We can hurt
ourselves.
Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1895-08-21

About the worst feature of the in
dustrial revival Is the starting up Of
the silver crank. - Philadelphia Times.
Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1895-08-21

1.-The crime of 1873" just about
the country, bat isn't 1t an as
tonIshing fact that no n found IT
out until twenty years afterwards?
Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1895-08-21

Increase in the average value per
head abolt p per cent.
Take vegetables, batter, cheese,
eggs, poultry, an increase OF abO1t 1
per cent. is noticed.
In relation TO all these things the
gold dollar has gone down in value.
What remains OF the contention that
the contraction OF gold has caused
prices to decline?
Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1895-08-21

Increase in the average value per
acre OF farm lands about 80 per cent.
Taxa live stock
The herald., 1895-10-16

FOR SALE-A CANDYMAKERS' OUT.
fit ana havors, instructions free. 346
Patton st. Is
The herald., 1895-10-16

Money, Stock, Bond and Produce
Quotations
WALL STREET SPECULATION
An Irregular Opening With Animation
Later On
The Restoration Of Freight Rates Strength
ems the Market-Bonds Active With
Large Aggregate of Sales

NEW YORK, Oct. 15.-Specuation to-
day was irregular at the outset and re-
maineu dull until the last hour, when an
animated movement set in. carrying the
record of business for the day above yes.
terday's total. The improvement was
scored chiefly to the operations of the
professionals. London was a seller
rather than buyer OF our stocks and the
tendency in the sterling exchange mar
ket WAS downward. The Union Pacific
state ment for August showed decrease
for the entire system of $685., 100 IN gross
and $S4, 945 in net. An encouraging de-
velopment was the forging to the front of
the granger shares. In the industriais,
Chicago gas and leather preferred record
ed the heaviest trading. The strengthen
ing factor IN the market was the restora-
ton of freight artes. In the unlisted de-
partment trading occurred for the first
time in the stock OF a new concern. the
American Spirits Manufacturing COM
pany. suject to issue.
There WAS continued strength and acti-
witty in the alway bond market. The
date of publication of the Union Pacific
plan Of reoi ganiza.ion has been again
changed, this time to Thursday. The
extreme advances extended to n to l. e
percent in the grangers, the last in Rock
Island. Northwest reached and closed at
the best figure of the year, $l07H. The
close was strong at not far from tie high
est point. The common stock Of the
American Spirits Manufacturing COM
pany was dealt in at Az to 14A and the
preferred was quoted at 441a.
The trading IN bonds was characterized
by considerable strength and animation,
the dealings aggregating ", 500, 900.
The herald., 1895-10-16

Millstuffs-Flour, Los Angeles. $3.50;
bran, per ton. local, $500; northern,
$3.50; shorts, per ton, local, s17.O0;
northern. $1,000; rolled barley per ton.
$500; cracked corn, Fer cwt., $l.05; feed
meal, Fer cwt., S1.10.
Provigions-Hams.R Rex. per lb., 1iHc;
h., Rex breakfast, lie; light medium,
SXc; medium, 71c. Dried beet-Per h.,
sets, loc; insides, l1Ho. Dry salt pork
Per h., clear bellies. &c; short clear,
exc; clear backs, exc. Picked pork-Per
half bbl., so lbs. 50. Lard-Per ib.,
ivory compound. tierces, $40: rexolene.
Grain and Hay-Barley-Pe GENITAL,
$500. Wheat-Per GENITAL, $1.o5. Hay.
Per ton, alfalfa, $S.00@9.50; barley, $7.00@
s9.5091o.OO.
Citrus Fruits Lemons-U Incurred, 81. 40
@$l.6o; cured, $2.50@$3.oo. Oranges
1 Fer box. fancy seedlings $l.oo; choice,
Dried Fruits-Apples-Sun dried, sacks,
per lb., 4@5c; boxes, 6@7c; evaporated,
fancy, TOXIC. Aprcot!-Fancy, SIG:
cnoice, &c.. Peaches-Fancy. unpeeled
Sc; bleached, &c. Nectarines- Fancy, SO
&c; choice, 6@7c. Pears-Fancy evapor-
dteu, IWJCs TlunS-flbUeu, CnOlce, 40
90. Prunes-Choice, boxed, 4@5c; sacks,
2@3c; fancy, &c.
Live Stook-Hogs-Per cwt., Sc. Beef
cattle-5@6c. Mutton-4Hc. per Id. Veal
-5H@7c per ID.
Fresh Meats-Butchers' prices for whole
carcasses: Beef-41a@5c per lb. Veal
4@6c. Mutton, 6@7o. Pork-606Lc.
Nuts-Walnuts-Los Angeles. &c; Los
Nietos. Sc; medium soft. 8@s1Sc; soft
shell Los Nietos fancy, 1l@l2c. Almonds
Soft shell. li@l2c; paper shell, 1876;
hard shell, &c. Filberts-lo@124c. Pee.
ans-13@15c.
Honey aid Beeswax-Ho
1o%@1lo per Id. strained. 31z@4c. Bees.
wax-20@22c per ID.
Hides and Wool--Hld as they run
Dry, 141ac: kips' lie; dry calf, ,l5c; bulls
ahd stays, &c. Sheep pelts-Weak.
Cheese-Calif ornIa-Full cream flats,
11lHc; young America, 12Xc; hand. 1870;
half cream flats. &c; young America, 71So;
hand, $40. Eastern-Chedders and
twins, 13@14c. Imported = Swiss. 25o;
imburger, 14@15,; book. lo@16c; West
phalla. zoe: Roouefort. 42%c.
The herald., 1895-10-16
CHICAGO MARKET
The Days Transactions on the Chicago Beard
of Trade

The Days Transactions on the Chicago Bears
of Trade
CHICAGO, Oct. 15.-Wheat showed de-
cided strength all day and before moon
had sold over cent above the close oS
last night and held the advance well.
Gables were higher and all domestic mar.
kets were strong, while the news and
conditions which seemed SO uniformly
bearish yesterday were apparently bullish
today. The scare intimating that Great
Britain and the Unltes States were likely
to clash on the South American quss-
ton, caused slight decline in oonsols and
higher prices for wheat at London and
Liverpool were the most prominent bull
factors, but other conditions seemed
legitimately strong. The worlds ship
ments last week were not SO large by
1000, 900 bushels as rumored yesterday.
and the deliveries in the northwest were
lighter. Shorts were nervous over the
situation ana there was generous cover.
ing with some investment buying. De-
Gem Der sold from 60ss @61Lc, and at
noon was 607sc. After holding around
607Sc for a considerable time Decem Ter
made sudden squirt to GIG. 1t WAS
rumored that fifty boat loads were taken
at New York for export and December
closed at 607sc.
Corn was strong. partly in sympathy
with the strength in wheat and partly on
the smaller estimate for tomorrow-265
cars. There was good covering by shorts
and limited offerings, May closing At
29Hc.
Oats were strong in sympathy with
corn and wheat, May closing at 2o%c.,
In provisions the prices at the close
showed declines of &c in pork, Sc in lard
and 2%c in ribs.
The herald., 1895-10-16
LOCAL PRODUCE
Wholesale and Retail Quotations Corrected
Daily
hUW TtpTt
and labor.


LOS ANGELES, Oct. Is.
Strong demand, full supplies and great
steadiness of prices were the features of
tuday's market. There seems to be an
unusual consumption of eggs, and though
they come in freely from the ranches
and from the east, the market quickly
absorps all offerings. Ranch eggs are 1c
higher. Fiuits and vegetables are firm
at former quotations, and the supply is
supplemented by Japanese persimmons
and new chestnuts. Hides, in sympathy
with weaker eastern market, are marked
down nc.
Quotations follow:
Eggs-Choice California, 26c; eastern,
22c.
Butter-Creamery, fancy Glib squares.
47l1@503; 2S-oz squares. 3o@372c; coast
crea merry. 2s-oz squares, 374@4oc. Dairy,
fancy 2'lb squares, 35@374c; 2s-oz squares,
271@30c; picked, 30c.
Green Fruits-Grapes. Black Ham burg
and Muscat. 50@60c per crate; Concord,
75c; pears, CSC per box; raspberries, 10 per
$1.OO; figs, Sc per Id; apples, $3.50
1.5O; peaches, 65c per box; blaekberries,
Sc per box; pineapples, S3.00@4.00 per
dozen; bananas, S2.25@2.7o per bunch;
watsrmelons, 5O@65c per doz; cantaloupes,
SOC per doz.
Vegetables = Sweet potatoes, Soc;
green corn, 75c per sack; cucumbers. 40o
per box; tomatoes, 500 per box; beots, Toe
per 100 lbs; cabbage. SOC; carrots, 75o;
green onions, 20c per dozen; lettuce, 12@
l5c per dozen punches; parsnlps. s0@90c
per 100 lbs; onions, new white, SOC; yell
3S@ic; summer squash, SOC per box; green
peppers, 3@4c per Id; articnokes. 45c per
doz beans, lima, $3.50; navy, $3.50; pink,
81. 50@l.75.
Potatoes Local, 5o@.5c; northern, 9Oc;
1.00@l.10; Salinas, $l@1.10.
young ROSTERS, $4.0O@4.75; old roosters,
$500; broilers. $2.zo@3.00; ducks, $4,000
$50; turkeys, live, l1@12c per lb; geese,
75c@$l.00 per head.
The herald., 1895-10-16
LOCAL FIELD OF COMMERCE
The Zante Currant and the
Revenue Collectors
A DECISION is EXPECTED
Involving the Question Of Duty on
Dried Grapes
Careless Retention Of a Trade Term nay
Cause the Loss of a Million
Dollars Revenue
A DECISION IS EXPECTED

During the last year for which statis-
tics are available there we're imported
into the United States something more
than $1,000, 900 pounds Of fruit known
as Zante currants, and almost as COM
mon as Eng lish" currants, chiefly for
the reason that for many years the pro-
duct was shipped to this country from
England and not imported directly from
the place of production.
This same Zante currant makes bold
attempt to answer the question whats
in manner" by showing that there may
be millions in lit, for the Zante ourrant,
so-called, is q real currant. 1t comes into
the country duty free. while if it is a
grape the duty on the single years i'm
portations referred to above would amount
to $780, 600. The matter is now before the
court, together with brief upon the ub-
ject by Senator White, and a mum Der of
exhibits which include growing spsci-
men OF the plant itself, and decision
may be expected during the present week.
The raising of the question of the ma
ture of the fruit is nos complimentary to
the intelligence of the Federal office.hold-
ers who are charged with the duty of COL
lacting import duties. The Zante or Eng
llsh currant came to be so called from the
places from which it was imported and
from the fact that the French called it
"RaIsin de Corinthe" or Corinth grape,
and the word Corinth was mangied into
''currant'' by English speaking people;
but even the most elementary works on
botany class the vine on which "Zante"
currants grow as a member Of the genus
vi.is, the grape, while curraDts belong to
the Tibss, as distinct from the grape as
a turnip ia from a watermelon. Even the
word "Zante" as describing the fruit is
a misnomer. inasmuch as the fruit grows
in and is imported from all parts of
Greece. the term having been retained by
the trade only because it was familiar,
exactly as the term "Egyptian" applied
to certain kind of corn indicates not the
place where it is grown, but the kind of
grain.
There should be no doubt that the de-
cision will be that the Zante currant is a
dried grape and should pay duty as
such. but the vagaries of all the tariff
schedules make almost any decision pos
siDle.
The herald., 1895-10-16
san Fsa1-ls-, Profu.. Market

SAN FRANCISCO. Oct. 15.-Potatoss-
Burbanks. 459S0s; Early Rose, S0@35o;
sweet potatoes, 6J@S0c.
Onions-35@p40c per sack.
BuGJer-Fancy creamery. 2292311c; Soc
onds 20@23c, fancy dairy, 10000;
good to choice, 16@lsc.
Cheese-Fancy mild new, 6@Sc; COM
mon TO good, 5@5ho; Young America
5@7c; Eastern, 1l@0l2%c; Western. 10@l1c,
EgSs-Ranch, 5093lc per dog; store.
1o@1z7C.
Poultry-Turkey gobblers. 1o@12c per
lb; hens, logic; geese. pair 81. 50@1. rs;
goslings. per pair, $l.25,0l.5O; ducks.
Si.0O@5.00 per dozen for old and
St.Oo@5.00 for young; hens, si.00@4.50;
ROSTERS, young, S3.00@i.01 per doz;
old. $i.0D@4.5o per dozen; fryers. $500
4.50 per dozen; broilers, ~. 50@3.00 per
dozen 10, large and $l.50@2.50 Tor small;
pigeons. 81. 256o2.00.
Game-Nomina.
Mddlings, S17.00@19.5o per ton.
Ground aud rolled barley, $13.00@14.o1;
oil caks meal at the MILL So per ton;
oottonseei oil cake, S2i per ton.
Hay-Wheat, Ss.0O@12.00 wheat and
oat, $S.0OGI0. so; barley. $6.00@s.00; oat,
$5.0o@S.5 80; alfalfa, S5.50@7.0o; clover, IS. 50
@7.00; compressed, S6.50@i0.0o; stock.
70. 0005.5 per ton.
Straw 40 DJ53 per bale.