davidaulloa/AmericanStories huggingface dataset:
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-08-03
PLENTY OF MONEY.

The platform recently adopted by
Populist convention in New York de-
manded that "all money shall be issued
by the national government in amounts
adequate to the demands of business"
The idea that there is not money enough
to do the business of the country has
furnished a very. plausible basis for in
fiation movements of various kinds. 1t
was stock argument of the old Green
back party and is worked for all it is
worth in the present movement for free
silver coinage AS a proposed remedy
for hard times and depression Of bust
ness it is specious argument. and yet
there is no foundation for it.
The amount of business that is or may
be done in a country does not depend in
any large degree on the volume of cur
rency. Modern business methods great
ly reduce the actual use of money as
compared with former times, and every
day sees a greater change in that re-
spect. Banking. clearing house, ship
ping, warehousing and mercantile meth
DDS generally tend to lessen the use
Of cash in. proportion to the total bust
ness DONE. The business of this and of
all other commercial countries is done
mainly by credits. and would continue
to be if the volume of currency were
doubled or cuadrupled. Moreover as
matter Of fact the present volume of
currency is more than twice as great as
1T was in the flush period of 1865 to 1870.
when 1t was great enough to beget the
speculative mania that eliminated in
the panic of 1873. The business of the
country could be done for years to come
with even a less volume of currency
than we now have.
The country does not need more nor
better money than 1t now has. There
Is an abundance for the legitimate needs
of business. and 1t is all good money.
What is needed to insure the revival of
business is the stoppage of agitation
that threatens to unsettle values and a
return to an economic policy that will
protect American industry and give
profitable employment to American la
bor
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-08-03
WHY SIXTEEN TO Owe.

The advocates Of free-silver coinage
have tried very hard to create the i'm
preston that there is something sacred
in the ratio of Is to /. They talk about
this particular ratio In the same breath
with 1.-The money of the Constitution"
1.-The money Of the fathers" etc., as If
they were all Identical and equally
sacred.
AS a matter of fact. there is no con-
nection between the ratio of 16 10 / and
the dollar of the fathers. The latter
was issued on the ratio of 10 to /. The
first thing the fathers did when they set
about establishing a coinage system was
to try to ascertain tire respective values
of gold and silver in the markets OF the
world, so as to make the legal ratio be-
tween the metals conform to the COM
mercial ratio AS Jefferson said in his
report on the subject. THE proportion
between the values Of gold and silver is
mercantile problem altogether" 1t
was finally decided that the commercial
values OF silver and gold at that time
were as Is to /. and this was fixed upon
as the legal ratio and enacted into
law In 1872. 1t continued to be the ratio
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-08-03

nounces that "the revenues are abund-
ant" and that under the present laws
they will run the government" 1t is
further predicted that there will be
''only a small deficit this year." and
that "a surplus will be raised hereafter"
The public has heard such predictions
the past two years by those who advo-
Gated the Wilson bill and subsequently
the German law. To make them now,
with deficit Of nearly ten millions the
first month Of the fiscal year, Is either
an evidence of cheek or that the treasury
authorities are all Wilkins Micawbers.
The government needs very much now,
after two years of deficits, not q small
deficit a third year. but surplus which
will be sufficient to check the raids upon
the gold reserve and maintain public
confidence without the aid OF foreign
syndicate of bankers.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-08-03
der in the civil war. He leaves wife and
three children.
Indiana Notes.

lm010m0 NOte8.
There was light frost reported from Wa
bash county Thursday night.
Rev. ]. II. o. Smith. of Valparaiso. has
accepted a call TO West-side Presbyterian
Church. Chicago.
Elmer Sake, aged nine. OF Kokomo. fell
from the cars last evening. crushing his
skull He cannot recover.
Frank Tuttle's barn was burned. south or
Muncie, Thursday night. self-binder,
wheat. corn and fifty tons of hay burned.
with no insurance.
The twenty-sixth annual reunion OF the
old settlers of Morgan, Johnson. Marion.
Hendricks and adjoining counties will be
held at Mooresville. Tuesday. Aug. Is.
The Knox County Teachers Institute
closed yesterday. The principal instructors
were Professor Tompkins of Terre Haute,
and Professor Bryan, OF Bloomington.
John T. Hatfield is still holding revival
meetings az Willow Branch. The series was
to last ten days. but so much interest was
developed that the meetings will continue
to-day and tomorrow.
David Martin, aged fifteen. and AL Rus
kin. of Greentown. aged eleven. were on a
weapon was discharged. tearing away the
jaw of Ruskin. The injury is probably
fatal
w. II. Anderson, building contractor Of
Martinsvllle, has been missing since Mon
day. On that day. at dinner. he told his
family he was taking his last meal with
them. He said 10 some employees that he
was going to Bloomington for a day. and
would return the next day. he secured
some cash on some contracts scarcely be-
gun. He leaves a wife and two children.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-08-03

till 1886. Jefferson, Hamilton and the
a is to silver dollar. They never saw
many of any kind. but the only kind they
ever did see were Is to / dollars. There
fore, when the present advocates of free
silver try to identify the 16 to ! dollar
with the dollar of the fathers. thereby
seeking to create the impression that
this particular ratio is sacred they are
guilty of a fraud.
But why should they consent to lower
the dignity of their favorite metal by
accepting ratio of 16 to 1? Why not
insist on a ratio much more favorable to
silver? If they are going to discard the
rule of market values and demand an
arbitrary and obsolete ratio they might
as well go back to time when silver
was worth a great deal more than 16 to
1. There was time when it was worth
fully as much or even more than gold.
True, this was thousands Of years ago,
but from the free-silver point of view
the more ancient the ratio the more
sacred. AT different periods during the
Roman empire the ratio was 10 to 1, IL
to l. and II to 1. In France, at one
time, it was 10 to 1. and in England
8 to 1. These ratios are far more favor
able to silver than that of 16
to /, and, besides being more sacred
on account of their greater antiquity.
they are as defensible on commercial
and monetary grounds. The advocates
Of free silver are too modest. Instead of
a ratio that would only double the
wealth of the owners of silver mines
and bullion, they should insist on one
that would uuadruple IL.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-08-03
AGAINST ANNExTION.
COngresman Hflborn Says the United
States Should've Take Hawaii.

SAN FRANCISCO, Aug 2-Congressman
Hilborn, who returned from Hawaii. to-day
has placed himself on record as opposed to
the annexation of the island to the United
States. In discussing the question, he said
81 can freely say that do not believe it
will be a wise thing for this country 10
undertake, or at least while the present
conditions prevail. The population consists
chiefly of Japanese, Chinese and Portu-
guese. with small proportion of American
or English speaking people. The per cent.
of illiteracy is much greater among the
whites than among the Kanakas. and per-
picking questions as TO what kind of gov
eminent this country should extend to the
mixed people should be given the franchise.
would also have to be determined. The
present government is not satisfactory to a
natives. 1t is particularly an oligarchy
and the idea of a republic of such is
laughed at. It is not popular, and its safe
have no voice except in the election Of
the Lower House. The Senate is elected
by the property holders. who represent but
are more illiterate than the natives. Much
respect is shown to President Dole. He is
considered able and conscientious. and is
generally liked The Japanese are the most
aggressive and most to be feared. They
quickly learn the ways and take every adj
vantage. They have driven many Portu-
guese traders out of business, and are much
like Chinese here. They import everything
from japan and spend very little on the
island.
The wisest thing this country could do
regarding the islands would be to form
some close reciprocity treaty which would
give them the same advantages as our
States, and insure their markets for us
They would. Of course, be required 10 put
a tax upon all imports from other coun-
tries which came into competition with our
products If this Is done and We extend a
protectorat over the islands. both coun-
tries would derive the advantage OF annex
alton, while they would be allowed TO gov
ern themselves as they saw fit But as
things are going now. l believe the Queen
will be restored 10 her throne before long
On the question OF a Pacific cable, Mr.
Hilborn said IF there is a cable laid at
any time In the near future. IL will have TO
be built by this country. IL would not pay
any private party to build. IT, / believe IL
would pay this government. The Pacific
will In some emergency be the rendezvous
for the navies OF the world and telegraphic
communication with Honolulu will be a great
saving 20 US I'm handling our ships. There
would be considerable revenue besides, and
I would vote favorably on the proposition"
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-08-03
Indiana Denths.

LOGANSPORT. Ind, Aug 2.-Samuel
Dodd. aged veteran, who yesterday re-
turned on a visit from the Soldiers Home.
at Dayton, o., after a two years stay.
was found dead this morning at the foot
of stairway at the home OF George
Herd, in Harrison township Cass county.
He was given a bed at the head of the
stairway last night and is supposed to
have rolled down while asleep. He was
seventy-one years old and unmarried.
KNIGHTSTOwN, Ind. Aug. 2.--Word
was received here OF the death OF Marbel
Cameron. which occurred at Alamosa. Col,
at IL O'Clock this morning. He was a
member of the Masonic fraternity. and
was formerly well-known society young
man of this place. His widowed mother
resides here and the remains will probably
be brought to Knightstown for interment
His death was caused by typhoid fever.
MARTINSvILLE, Ind. Aug. &c. w.
Warner. Of this city, died last night. aged
seventy-threc. He had been resident OF
this city for more than sixty years. having
come from Kentucky In 1852 He was 50
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-08-03

Special to the Indianapolis Journal
GREENCASTLE. Ind. Aug. 2.-James VI.
Sankey. of Terre Haute. George W. Hail.
of Raleigh. and Samuel Bowan. Of South
Bend. representing the State Live Stock
Sanitary Commission, were here this MORN
ing, having just completed an investigation
of the extent OF the Texas cattle fever In
this county. They report that the disease
has spread and now appears in four eoun-
ties-Putnam, Hendricks, Parke and Nor
gan. and that go head of cattle have been
quarantined. Fifteen deaths have occurred
so far. and every effort is being made 10
suppress the disease. DIR. +. A. Bolsar. of
New Castle, State Veterinary. was present
during the investigation.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-08-03

The needless expense and trouble
which the present pension authorities
compel applicants TO assume is Illus
trated In case in an Indiana town.
The husband. who was himself a pen
soner, died during the winter, and his
widow. who Is in needy circumstances,
applied for a pension. They had lived
together as man and wife forty years,
reared a family. and were regarded as
excellent people. They were married in
Pennsylvania at a time when the law
did not require licenses or certificates Of
marriage. All of the people who knew
them forty years ago are dead or cannot
be found. Yet the Pension Bureau refuses
to pension that needy widow because
she cannot furnish evidence OF legal
marriage which occurred in another
State forty years o; more ago.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-08-03

On the fourth OF July ambassador
Bayard was so absorbed in junketing
with a British lord that he could not be
present at the meeting of Americans
and preside. as has long been the GUS
tom. When Great Britain seized an ISL
and belonging to Brazil he surprised the
diplomatic world by explaining to the
press what the British government in
tended. II the alleged ambassador has
become the special counsel of the British
Foreign Office he should resign. Having
ceased to show any interest in anything
except British affairs, he should resign
anyway.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-08-03

Well-informed Cubans in New York
are confident of the success Of the pres
ent instruction. They say that att no
time during the revolt of 1868 were the
Cubans as strong numerically as they
are to-day. and yet the former revolt
lasted ten years. They also lay stress
on the fact that although the present
conflict has been going on only five
months II has been found necessary to
call out the Spanish reserve. showing
that the regular troops are exhausted.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-08-03

The use of the phrase double stand
ard" In the discussion of the money
question has led to much confusion and
misconception- 1t describes something
which cannot exist. There may be two
standards. but never double standard.
One may measure earth by the ton or
by the cubic yard. The ton and the yard
are two standards. but not double one
One may measure corn by the bushel
and by the peck, but the bushel and the
peck are definitely adjusted TO each
other and both are adjusted to the
pound. One may measure value by gold
and silver. and by wheat. tobacco or
cotton. but every measure OF value re-
lates to and Is judged by some one
measure which. by common consent. is
che most steady and reliable as stand
ard There may be various measures Of
value. but there can be only one stand
ard.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-08-03

Mr. Edward Atkinson, in an article
IN the current number of the Engineer
Ing Magazine, on THE Signs Of the
Times" predicts that. dating from Jan.
/. 1896. the railroad mileage of the Unit
ed States will be increased at the rate
Of not less than five or six thousand
miles year This would mean an era
Of general prosperity.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-08-03
"RED-HoT, TIMES COMING.
N Anti-GOOd Citizens League
Formed In Evansville.

Special to the Indianapolis Journal.
EVANSVILLE. Ind, Aug. 2.-Several hum
dred leading business men and citizens held
mass meeting tonight and organized a
liberal league for the purpose of making
an open fight on the, Good Citizens
League and all steps taken by them to
enforce present stringent laws. Since the
going into effect Of the Nicholson liquor
law the Good Citizens League has about
IL o'clock at night, and business has suf-
fered in consequence. The new movement
has so many in 1t and so much influence
back of them that the. new law Will be
made to cut but little figure here, or else
there will be some red-iot times in Evans
Vile
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-08-03

There Is no question as to the consti-
tutional right Of Congress to establish
the free coinage Of silver at the ratio Of
Is to /. or at any other ratio. So far as
the mere question OF power is concerned,
the control Of Congress over the money
question. is unlimited and absolute. and
be exercised with the greatest possible
care
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-08-03
JOURNAL NEWSPAPER COMPANY
Indiana polls, Ind.
THE INDIANAPOLIS JOURNAL

can be found the following places
PARIS--American Exeharse IN Paris, 81 Boulevard de
Copucfnes.
NEW YORK-Gfsey House. Windsor Hotel and Aston
House.
PHILADELPHIA-A p. Kenble. cor. Lancaster ave.
and Barring 81.
CHICAfO-Palmer House, Auditorium Hotel and p.
o. News Co., VI Adams street
C1NCIxNATI-J. r. Hawley q Co, 154 Vine street
1OUISyILLE-c. I. Deering, northwest corner OF
Thru and jefferson sts and Louisville Book Co, SO
Fourth ave.
81. LOUIs-Union News Company. Union Depot
WASHINGTON. d. c.-Rigrs House, Ebbnt House.
Wi1lnfd's Hotel and the Washington News Exchange,
11fh efreet, bet. Penn. ave. and street.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-08-03

Farmer John Ellis Found with His
Head Beat to a Jelly.

Special 20 the indianapolis Journal
WABASH, Ind, Aug. 2.-John Ellis. a
farmer residing three miles west of Somer-
set. this county, was found this morning
lying in the road between Somerset and his
home with his skull crushed and several
wounds on his face. Ellis was at Somer-
set last night and was seen to start home
ward He was discovered UNCONSCIOUS. near
the bridge over Ripe creek, his team hav-
ing gone on Etlis has not recovered con-
seriousness and no explanation of his condi-
ton Is obtainable. When, in Somerset he
had "a in money, which was not on his person
when he was found. Whether he was as
saulted or fell from his wagon and injured
himself will never be known, as the doctor
pronounces his case hopeless.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-08-03
The Henchman Failure.
Special to the indianapolis Journal.

SpecIdI 10 the IHuldIdpUIIS JOur1idI.
RICHMOND, Ind, Aug. Further de-
velopments to-day with regard to the fall
ure of c.. T. Henchman & Co., wholesale
candy dealers, shows the total liabilities
to be $4,000. with assets of $4,000. The pre-
ferred creditors are the Second National
Bank, of this city, $500; Julia NJ. Taylor,
S. 200; Georgiana c. Richardson s.. 600, and
Mary l.. Henchman, 81 600, all of which are
secured by mortgage. The unpreferred
creditors must lose. Among them are Mrs.
c. T. Henchman, $500; daughter of Mr..
Henchman, $500; a brother of Mr.. Hench-
man in Texas, $4,000. and to accounts pay
able $4,000
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-08-03
New Bank for spfceland.

Special to the Indianapolis Journal.
SPICELAND, Ind. Aug. 2.-The building
and outfit of the Bank of Spiceland was
yesterday sold TO Murray Wildman, who
heads a company of men who expect to
have a bank In operation here before the
close of the month. The capital will be
mostly local. and the bank will evidently
have strong backing. 1t is not yet decided
whether the bank will be a private one
or be organized under the laws of the
State. The bank was forced to suspend In
1893, because it's correspondents at Indian
apolis, Chicago and New York suspended
about the same time. Edwin Hall was APP
pointed receiver and paid the depositors
in full over a year ago.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-08-03

So practical a man as President Nc
Bride, of the American Federation of
Labor, Is able to see that Sovereigns
national bank boycott. would hurt labor
more than it would help 1t If it could be
enforced. as he has no idea it will be.
There Is wide difference between such
leaders as Mcbride and Sovereign.
There is also a wide difference between
the forces they lead. 4e
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-08-03
BIG DEAL BY D0XEY
Citizens League Founded
at Evansville and Trouble 10
Expected at Once.
,ecial to the Indianapolis Journal.

Special to the Indianapolis Journal.
ELWOOD, Ind, Aug. 2.-The information
c. T. Doxey, of Anderson. had secured COLI
troll of the DePauw plate-glass plants at
New Albany and Alexandria. having pur-
ny, the receivers of the plants. The plants
will start up in a short time after two
years idleness.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-08-03
And So They Were Married.

Special to the Indianapohs JOURNAL
PATRIOT. Ind, Aug. "A runaway inter
rupted wedding at Warsaw yesterday
The bride and groom were coming from the
country. and just before entering the town
the horses. becoming frightened, ran away,
throwing the occupants of the vehicle into
a barb wire fence. The intended bride. who
was blind, had two ribs broken and re-
ceived severe cuts about the head and neck,
but Notwithstanding her injuries, she ex-
pressed desire to have the wedding pro-
ceed Judge Brown, who Is physician,
patched up the victim. and married the
couple two hours later.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-08-03
Killed While steaIine a Ride.

Special to the 1ndianapOlis Journal.
MARTINSVILLE, Ind, Aug. 2.-Walter.
the seventeen-year-od son of A. j. Nc
Pike, of Paragon. was stealing a ride on
an l. & V passenger train yesterday even
ing In jumping from the train, his head
struck against car on the side track and
he died from the effects this morning
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-08-03
Alleged Train wrecker Held.

Special to the Indianapolis journal.
NEWPORT, Ind. Aug. 1.-The prelimi-
nary trial of William .Ruhie, who, on the
night of July q, attempted to wreck the
Nashville express on the c. & f. ]. rail-
way, near Perrysville. was held, this morn
ing, In Squire Parrett's court. He waived
arraignment and pleaded not guilty. He was
put under a bond of $500 for appearance
at the September term of court.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-08-03

frst vice president Mrs. A. IL. Luther.
Muncie second vice president, L. o. Edison,
Indianapolis; secretary, Mr.. F. j. Ma
Hardin. Anderson All Of the old trustees
were reelected, and the reports show a
very gratifying increase in the number OF
out of debt and has a comfortable balance
n treasury
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-08-03

It Is said that Senator Jones. of Ne
vada. will renew his allegiance to the
Republican party. having become con-
WINGED that more can be accomplished
for silver by conservative action within
party lines than by splitting off. In
other words. he sees that the present
free-silver movement is a failure.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-08-03
RuhIe'. Bond 4. $500.
Special to the indianapolis journal.

Special to the Indianapolis Journal.
TERRE HAUTE. Ind, Aug 2.-William
Ruhle, the young man from Chicago, who
placed an obstruction on the track Of the
Chicago Eastern Illinois ahead of the
Nashville limited, was bound over in $500
at the preliminary examination at Newport
to-day He will furnish bond.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-08-03

AS corn is likely soon to be abundant
and cheap. and wheat higher in price,
why should not the farmers organize a
movement to have Congress pass law
declaring that a bushel Of corn should be
worth as much as a bushel of wheat?
That's the kind of legislation the silver
mine owners are demanding
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-08-03
A Toilet Co Germ Debarred

WASHINGTON, Aug. 2.-The Postofice
Department has issued a fraud order
against Frances L. Lane, of Hammond,
Ill. She is the proprietress OF toilet con-
Germ recently debarred the use of the
mails
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-08-03

The cheerful unanimity with which the
minor editorial writer's FASTENED to sug-
gest that perhaps those four hundred skel-
etons found in Arizona belonged to Holmes
is really touching in it's suggestion of
journalistic confraternity