davidaulloa/AmericanStories huggingface dataset:
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1895-05-24

and not because the cost of production
has been lessened.
In his speech at Memphis yesterday
Secretary Carlisle took up this claim and
discussed it at length. He showed that
the fall of prices of articles had been by
no means uniform, as they would have
been, had they been due simply to the
appreciation of the purchasing power of
the gold dollar. The basis of the Secre-
tary's statement of prices is the report
OF the Senate committee which made an
Investigation of the subject in 1S91-2-3.
The committee selected 232 articles OF
common use and found that of these arti-
Giles those that were used for food had
| fallen 10 per cent; clothes and clothing
80 per cont; fuel and light nearly "A per
cent; metals and implements 30 per cent;
building materials 20 per cent; house fur
nishing goods 81 per cent. As compared
| with 1860 the price of food products had
risen nearly per cent, lumber and house
building materials % per cent, while all
the others examined had fallen from Is to
30 per cent.
In 1860 silver had not been
demonetized, and the blow at the farmer
had not been struck, yet in 1898 after the
crime of 1878 had been consummated we
find the things the farmer has to sell
commanding an average price 4 per cent
greater than in 1860, while almost every
| thing he has to buy had fallen from 10 to
80 per cent This does not indicate that
the act of 1878 was such killing blow
to the farmer as the silver men have been
in the habit of representing. Cotton and
wheat have fallen but their decline APP
pears to be explained sufficiently by the
fact that since 1873 the prod uction of cot
ton in this country has quadrupled and
| the production of wheat doubled with an
enormous increase in the production of
| both in competing countries.
But the most telling point the Secretary
| makes is in regard to the wages of labor.
| If gold will buy so much more of COM
modities today simply because it has in
creased in purchasing power, how is it
| that it will not buy any more of the COM
modify of labor? The Senate committee
found that though eighteen years had
elapsed since 1878 when the money of
the poor man" was demonetized wages
We're actually higher than in that year,
| that is that the laboring man was receiv-
ing more dollars, and if as the silver men
say, those dollars had greatly increased
in purchasing power, then the actual in
crease of wages was very large
If the purchasing mower of gold has
been increasing, as the silver men say,
and if the number of gold dollars the
laboring men receive as wages has been
increasing too it would seem as if the
present standard was an ideal one for
the laboring man, and that he should be
the very last person to desire a change
in our monetary system.
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1895-05-24
THE ARGUMENT OF PRICES.

1t is favorite contention of the silver
men that the fall in prices since 1878 has
commodities, they say, has been measured
since that time in gold, and the value of
gold has been constantly approaching,
hence the value of articles which it meas
ures have been constantly depreciating In
brief the claim of the silver men is that
the purchasing power of gold has been
constantly increasing, and that is the
teason that dollar will buy more now,
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1895-05-24
FINANCIAL.
Portland Railroad
Company.

Deliverable and payable on or before
June LIST, 1885.
Price 105 and interest yielding a net
return of about At per cent? subject to
advance without notice.
These bonds are dated May list, 1893,
payable without option twenty years af-
ter date, with interest at At per cent
per annum, payable semi-annually on
the first days of May and November;
principal and interest payable in United
States gold coin OF the present standard
of weight and fineness.
OF the total authorized mortgage,
$780, 900 bonds are already outstanding,
and 1920, 700 will now be issued for
equipping the whole system with cleo
tricity; OF this 1920, 1000, we shall receive
for delivery $3.50, 900 on or before June
LIST, which are advertised herewith; we
shall offer no more of the bonds until
August, 1895.
The charter of the Railroad was
granted in 1880, and is perpetual. This
mortgage is first lion on all the fran
chises, rights and property Gncluding
real estate and. equipment) situated in
the Cities of Portland, Deering and
Westbrook.
The length of track is 2014 miles,
making the bonded indebtedness less
than 10000 per mile.
The earnings for 1894 were as fol-
lows
Gross, 500, $50. 20
Expenses and taxes, 1885, 979. Is
Net. s37,572. AZ
Interest, 1922. "a
Surplus, $2s, $50. 0s
1t will be noticed first, that the operat-
ing expenses, which included 2 new cars,
motors, snow plough, l mile new
track, ETC., were over so per cent of the
gross earnings, and secoud, that the net
earnings were sufficient to pay the in
terest on bonds then outstanding, plus
this new block of 1920, 1000, t,oice over.
1t is conservatively estimated that the
increase in earnings and decrease in ex-
penses (due to electricity will be at
least sufficient to pay interest on the
| whole Indebtedness, additional to the
| present large earnings.
The capital stock is $500, 600. which sells
in the home market at lis to 120 and
pays s per cent dividends. The surplus
is over $500
An experts estimate of the savings to
to the road, by making the change to
electricity in 1895. over what the same
would have cost in 1892, is at least $150, Oe0,
due to present low prices of rails, motors
cars, etc.
| These bonds are legal investment for
Maine Savings Banks, $4,000 of those
outstanding being now owned by the
Portland Savings Bank.
We feel fully justified in recommend
ing them as a particularly choice invest.
| ment, returning better income than
any other home security of similar
standing.
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1895-05-24

The Belfast Age says the Superior
Court has decided that sit is unconsti-
tutional to tax the rich, but that the
burden of taxation should be borne by
the poor. The Supreme Court has de-
cided no such thing. The Supreme
Court has decided that the income tax
levied by the last Congress is direct
tax, and that it is not valid, because it
was not levied in the way provided by
the constitution. 1t is an outrageous
SANDER to say that the court has decided
that it is unconstitutional to tax the
rich.
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1895-05-24

Many of Judge Harlan's expressions in
his opinion on the income tax suggested
the political stump speaker rather than
the grave and dignifed judge, and it is
not strange that the suspicion has been
created by them that political bee is
buzzing in his bonnet. But the Populist
party which his ideas will suit better
than any other. would seem to be hardly
big enough to attract so big man
Harlan. Yet Gresham toyed with Popu-
ism and Gresham was a United States
judge too.
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1895-05-24

In showing the fallacy of the claim of
the free silver men that the decline in
prizes is simply the appreciation of gold,
Secretary Carlisle knocks out the chief
corner stone of the silver edifice. 1t is
that claim that has made more converts
to the free coinage movement than any
other
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1895-05-24

According to stories from insurgent
sources the Spanish ministry is trying to
carry on the war against the Cuban
rebels from Madrid, and is trying Cam
pos to the extent of making the old man
angry to the point of threatening to
resign. The withdrawal of Campos would
give a great impetus to the rebellion,
for his presence of itself has undoubted-
ly had a restraining effect because of his
success in putting down the last out
break.
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1895-05-24

Oregon is one of the states that has
been supposed to be pretty well saturated
with the free coinage idea. But yesterday
the Republican League convention de-
feated resolution of that sort by large
majority If Mr.. Thomas Fl. Carter has
been including Oregon in the list of
states that would demand candidate
friendly to the free silver, he had better
drop it out.
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1895-05-24
STATE TOPICS OF INTEREST.

A Brunswick girl whose spirit of mis-
chief led her to trip up woman by a
rope was shot by the Infatuated husband
Fortunately the gun was loaded only
with powder and salt, though the girl was
struck in the face with q piece of the salt
1t is an open question whether both
parties have been sufficiently punished
for their folly.
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1895-05-24
THE PRESS.
FRIDAY, MAY 20.

1t seems as if the government might
devise some better way of opening reser-
Vations to settlers than through the medi-
UNI of a free fight
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1895-05-24

The statement that Gov. Morton would
accept the second place on the ticket
with Harrison is important if true. But
in all probability it isn't true.
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1895-05-24

Howard Stevens of Winthrop announces
that he will sue the town of Monmouth
for damages. He was driving across a
bridge over the outlet to Lake Tacome
and the water being over the bridge the
horse became frightened and jumped into
the stream. The high water is alleged
to have been caused by flush boards on
the Gardiner Water Power company's
dam and it is possible that Monmouth
may try to recover from the company if
Mr.. Stevens is awarded damages.
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1895-05-24
PRICE 80 CENTS.

The Atlas will be receipt 30
orders Will be hed from the delay of
Ii desired by return mail tsex1a for
Address all rdersto
of the Daily Press, Portland Me-
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1895-05-24

Quite good sized opposition has
sprung up in Auburn to building such
an expensive schoolhouse as is proposed
at Park Hill
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1895-05-24

George W Thomas, who keeps store
on Camden street, Rockland, has pair
OF rabbits which are nearly blue in color.
Many people go to see them as they are
a curiosity.
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1895-05-24
It's Special Features Relating to the United
States Are:


All Agricultural Productions
Statistics
with
because OF these numerous
to abreast
of
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1895-05-24

f. S. Sherman, Camden's pickle poten-
tate, has contracted with Camden, Lin
colnville and Hope farmers for 80 acres of
cucumbers, this being Is acres more than
last year, and applications have been
made for 10 acres more. The ninety
acres contracted for means nearly $40, 900
for the farmers in that vicinity.
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1895-05-24

If special information regarding any Ma
ton. Province, State, City, Town or Village
is desired, tho knowledge is rarely obtain
able from school geography, which nee
essarily has only few general facts and the
location of important cities.
Railroad maps are VIGOROUSLY incorrect
and misleading, hence the puzzled truth
seeker, where large libraries are inacces-
sible, is without relief unless he is the
happy owner of NEUTRALITY-SUSPICIOUS.
pleasure-giving Peoples Atlas.
All Countries on the Face of the. Earth
are Shown.
: Rivers and Lakes are Accurately Located.
Among the illustrations are the follow
ing: The Masonic Temple at Chicago tall
est building in the world, the Auditorium
Building at Chicago Zone of the largest
buildings in the world), the Woman's Tenn
pie (the handsomest building in Chicago,
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1895-05-24
Rumford Falls and Rangley Lakes
Railroad Company.
NOTICE TO CONTRACTORS.

SEALED proposals for thu construction
of bout nine and one-half miles of railroad
will be received by ". Pettengill, for the
building committee. at Rumford Fails, Me-,
until Monday, June 10th. 1895. at o'clock
y. IN. Plans, specifications. forms of hid
and contract. can be seen and Information
obtained at the Engineers office. Rumford
Falls. Me-. after Juno 3rd, 1895. The right
to reject any and all proposals il retained.
r. b. STRATQS,
my23toje8 Chief Engineer,
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1895-05-24

Lincoln W. Nelson, just elected mayor
of Warsaw, Georgia, without dissenting
vote, is one of Names bright boys-a
native of Biddeford.
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1895-05-24

Week before last 27OO barrels of alewives
were caught at Damariscotta Mills, be-
sides those that were sold. This is the
largest catch is the history of the place
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1895-05-24

The Houlton selectmen viii enlarge the
town hall by building an addition to the
east end, 81 feet in length. This is done
to make the hall capacity enough for Co.
"II'' of the national guards to drill in,
but it will also make the hall large
enough to hold town meetings in, in
future
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1895-05-24

Just as the bell on the Methodist church
ing for class meeting, the iron that holds
the bell broke and let the bell fall on the
bell deck. 1t nearly went through the
timbers If it had broken the flooring it
would have fallen to the cellar and must
have killed one or two persons who stood
in the entry. A flaw in the iron was the
supposed cause of the accident
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1895-05-24

Bartholdi's Statue of Liberty. the White
House at Washington, the Great Brooklyn
Bridge, Mirror Lake yosemite Valley, Ell
Captain yosemite Valley, Waterfall and
Cave New Zealand Jordan River, Murchi-
son Waterfall Upper Nile), Pilot Knob
Qron Mountain, Missouri), United States
Signal Service pixies Peak, Colorado),
Giants Gap american River Canon, Col
orado), Scene in Tropical Florida, Falls of
the Rhine, the Matterhorn Mountain
(Switzerland), Scenes in and near the City
| of Picking China, Island of Juan Fernan-
DEF, State Capitols, State Seals, etc., etc.
All the Large Cities of the World, the
Important Towns and Most of the Villages
of the United States are Given ON the
Maps.
1t gives Classified List of All Nations,
With Forms of Government, Geographical
Location, Size and Population.
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1895-05-24

AUCTION SALES.
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1895-05-24

The Aroostook Review says: 1.-THE
price of potatoes has dropped to almost
nothing. There was brief period when
rel Then was the time to sell. y
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-07-28
HISTORY OF THE CANAL.
DREAM SEATTLE FROM EfRII-
Fsr PIONEER DAYS.
Endorsed by Army and Naval onicer-
and by Distinguished Engineers
The Four Routes

Ths agitation for a ship canal connect
~. Ike Washington with tide water on
I,,4saf sound Is co-eXtenSive with the his
,arv ~ Seattle The existence q a great
sresA water lake 50 ncSr 10 the salt water
- tNe ocean Is what induced IN early
,,to-e.- DAYS the location Of the village q
Snat.ia on Elliott bay. and since tAat VEne
.sa connection 90 THE two bodies or water
- ,Aat r~est ships could pass rom one
- No other has been ths constant dream
- sone % every iphahstant OF this
,.si-AN,rheaf. Each newcomer vas I'M
,,sssa,elv converted o. the canal iaea.
s,s IN that way the public sentiment II
s@s,fis has been kept solid ~ ne s'Slfe,
s~,.. ne hamlet 70 toe village. &l3
.sro,.Sh the town 20 the mstrcPoA}Ah
city that now exists q,
re F,rapaSed canal rot only attractt
- attention % those hose ln'tiisfl's' b.
,-,.,-~s.S were affected. bat q cistl1-
,-,tsNaa statesmen ans engineers W.
10000 u IN connection with inc IT.
,o..,s.s - the whole reput5tc. u VAS 'e-l-
- go srs Endorsed ~ Gsn- George =
.r.s-,sglan l. : A as early - l~~ ~
60 n \ A'exardor. L ; A -aAl-
$500 Elliott. a. :. A ard tapt =,
"a psvrnsna T. : 4. IN ases ~ 1&st
ISs.-S~< = Powell T. :. erg neeIs' g
,Sz, ~ Gen Nelson a Miles. - ; -,
-. f.e- Tonn Paoe. e : =. 80 lNNfs
49, C,ghNor T. : a in 49, aa5
-. save-sI legislatures % tae territory 81
Washington
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-07-28
N~NONN~~NH~ N~N~

,h@1, visit the Anaconda NAV
car.A the courtesy of the waserwa--
1eSieTs wharf AA'i'a
hs ~ polns where the exercises are 10
ana 80 = on fhe dock between Plurauer
no qs, NORMAN streets. near the washsng,a,,
49, ,as.4.es Siih On Commercial street. The
a ~ VIII accommodate an immense crowd
hne is In fun view. '' f'pe
everybody Invited to Come.
- waterway company yesterday ex
st-s-s' $50 general invitation 20 persons de-
Slilns 70. attend the exercises TO be nraS-
ent IL Is worded as follows.
seattle d Lake Washington Waterway
July e. lss5. He"'eie'
me citizens Of Seattle and of the state
are cordlaliy invited 10 be present AZ ire
ceremonies 20 be held at the commence
hieht or the Lake Washington shin csnal
ana the Milling IN Of the tide fats on Mon
o 9.s suIy =, 1875. at II o'clock, foot OF
Commercial street
GEO. ". PAsCHAII.. Sec
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-07-28

40, rss Formulated in December 1sSe. by
ex-s,ov. Eugene Scmple, now president OF
,ba seattle 4 Lake Washington Waterway
ssornarv. L - most Illogical route
s-o-, an engineering standpoint. as il
ignores all the natural outlets % the lake.
ard even avoids the small 6er-essions n
ire -AI~ahS~Nco5 OF It's alignment. ap-
-,svertrv s@eking the maximum rather
-ha- frA minimum OF excavation. From
.he -1F-.s os business ard defense. ana
~ visa 8, existing conditions. however.
the South canal appears 10 be as well adj
vise. as anv os them II IS a tangent
tine oecupyfng the smallest AREA for
rfrhss-of-way: the land taken could other
wtxe be used only for residences; IL con-
meets the Business center hy = dire1t
ro,,sa with the deep water % the lake.
ire material excavated viii be used 20
sIr TN the tide lands. ard to create a
snaea where railway trains can Meet
sbIns On the same level: II affords \
srss1 water harbor outside of the lake
ara fs necessarily Included within any
works for the defense OF the city Of Sc
attic To quote the language OF Capt.
Svruons: These gigantic and beneficial
works are accomplished without any tax
on existing properties.
The scheme could not have been ser,-
ously considered much sooner than now,
because the quantities OF material IN
ALLY BY the use OF machinery that has
been perfected within the last ten years.
and because il could only he undertaken
in connection with the filing OF the tide
lands. and those lands were not avail
able factors because no title could he
had until the state was admitted and be-
cause they have not been valuable enough
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-07-28

r,yht-o,vsv for the canal through sta
lands "a section Is The Hens provided for
are equivalent 10 . first mortgage on the
land fo- -um equal - The cost OF Hing
IL in, with Is per cent proht ana 'htri
est n ( per cent The Hens must he diS-
charged in ten equal annual insialiments.
and in case 81 default, may he forecldsef
fFa ea-1a as any other lein. Tney attach
whenever the waterways or any par.s
rarafrA Of se0ara:e use for navigation,
are finished ~ the lands subject 20 iieus
are not sold b. the state 10 parties mold
ing preference rights within che year ot
he attachment Of the liens, the parties
soI5+ne- them wni have an option FOR six
r,orfhs IN purchase under the provisions
II then existing laws.
Wheu The 1aw went into effeet CONTRACTS
were entered into with the state. and the
Seattle and Lake Washington waterway
Ccrnpanv was formed BY the following
named citizens of Seattle: Elisha T.
Ferry. EuSs ne Serurie, David F. Durie'
Andrew Heinrich. julius +. Hale, Ri
ward r. Sweeney. AIbro Gardner. James
= Nefeaffe George Fowler John ~.
Scur-y. Albert. n. Es1eiman, Geofsa "
Young Griffith Davies. Edward +. Wit
+fs~ Charles Armstrong. Nyer Goitstein'
\ y <aisz, Charles II. FRYE ara Taonnas
= Jones Gov Ferry Eas elesisd pfest-
deof ard Capt Thomas W symons ealsf
engineer. The ls4e nan1e1 oiiisF1 ILL.,
aiatelv gave his attention 70 ne formula
tlo7 Of Plans for the waterways ana per-
sa..sA the rlans which were Afterwards
ssoo,as BY the state board % land COM
,,tsstorers Through TIE connection or
su.n distinguished officers az Gov. Ferry
ara Cant Synons with me work u -
once attracted worldwide attention. All
rhs different steps IN is progress have
rean noted and commented upon ~ ne
leading newspapers q the United states
since
v-Lsr al ne preliminary work had been
sora arA ne project had assumed a 3e-I-
rl,a shape a party % officers. consisting
- n q DurIe. Julius 2. Haze ard Eu-
gene ssrnp1e. who hsd been elected I'resi-
gent II the company - succeed Mr.
T-s~rr uert East 20 present i 20 anan-
f..arz The party went frst = s. Louis.
ana succeeded in interesting Henry SEM
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-07-28
MONEY QUICKLY SECURED
MILLIONS PLEDGED FOR THE c.
ysI BY ST. LOUTs MEN.
Hard Times Made No Difference Bril-
liant financial Achievement of
Henry sempie Ames-

The enterprise for excavatiug me canal
and nlfirE ire tide fats having reached
a point apparently whore II vas ready
for submission 70 fnanciers. in August.
1895. Hon. Eugene Gempie. who vas then
vice president ana general manager or
the Seattle and Lake Warrington Natsr-
way Company. vas sent East on pre-
lirninary journey 10 feel the pulse ~ ths
financial situation and report upon no
hest point OF operations. He vent direct
% 81 Louis ard from there n Wsaning-
ION CITY and New York. consulting with
Hnanr4ers aa all three places. and UPON
asa return reported IN favor or ~. Louis
- me most promising place. H hal
saan Henry Seupls Ames AMI Edgar
Arne~ ard through their Influence hal
abtasred opinions which se~Fnad - indi-
cate THAT the matter might D. taken NJ
nv 81 Louis capitalists If a favorahis
enough showing could re made Iron
mis- return 10 Seattle tho remaining pre-
llninarles TO the contracts we're settled
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-07-28

In 49, a hoard % United States engi-
nasrs. consisting OF Col @. II. Mendai,
Maj Thomas H Hamburg ard Capt
Thomas W. Sy-ors. was appointed cy
the president os the United States. under
authority OF congress. with Instructions
20 make an exhaustive examination into
the whole subject rnsscr The board
made favorable report and upon Its
recommendation money for a survey was
appropriated nv congress. TIE official re-
port 81 that survey. with accompanying
maps and plans was printed as execu-
tive document No. a. house az repTesen-
tatives. first session OF the Fifty-secogi
congress
The frs. route proposed was from Lake
Washington 70 Lake Union, through the
narrow neck OF and where a small canal
has since been cut and from the last
named lake 70 tire Sound through the o.
vide where Pike street Tow runs. The
second route was by way Of the depres-
sion occupied BY the Mercer farm. under
which the Lake Union sewer tunnel has
since been driven. The third route was
what is now called the North canal route.