davidaulloa/AmericanStories huggingface dataset:
The Princeton union. [volume] (Princeton, Minn.) 1876-1976, 1895-09-26

thing for which any man could exchange
his surplus commodity, with the certainty
that with this he could obtain, from any
body who had it to spare, that which he
reeded. In the community that we hive
imagined, let us suppose that wheat is
adopted for this purpose. Values of all
other things would then at once be
stated in terms of wheat. Hats would be
quoted at 1.-TWO bushels, and sandals at
-four bushels or by and by as simply
'two' and -four" respectively. On the
way to market the man with the extra
pair Of sandals would now ask his re-
turning neighbor what was the PRICE of
sandals. For price is merely the value Of
thing stated in terms of the money in
use; and in essentially this way were
evolved in society a standard of value"
and price as reckoned in it.
But your clubs statement is that the
gold standard and it's unit have "appre-
ciated.'' What does that mean? The
word appreciate is formed from the
Latin words, ad, meaning to, and pre-
tium, meaning price, and signifies to rise
in price or value. what" I have heard
persons exclam, what, do you mean to
say that the dollar has risen in value?
Do you mean to tell me that dollar can
change? Is not a dollar always a dol
lar?''
Here let me say that I consider it we'll
to spend some time on these elementary
matters evenat some risk of being tire
some, because some people find the whole
difficulty of the money question pre-
cisely on this preliminary point, and
largely because from their youth up they
have been in the habit of thinking of the
dollar exactly as of physical and un-
changing measure of dimension. More
over, certain people who pretend to be
bimetallsts and declare that there is only
one question to be discussed and that is
how to reach bimetallism, are constantly
filling the newspapers with arguments
that gold has not appreciated, that it
cannot appreciate; or that certain other
arguments are good but which are wholly
beside the point if our premises are true.
DEMAND AND SUPPLY.
Pursuing our illustration, I ask you
now to note the fact that in the sup
posed community the ratios at which va
rious commodities would exchange among
themselves in the era of simple barter,
would depend upon their relative demand
and supply. Sandals remaining the
same if the supply Of hats were sud-
Sa,,11, int cho1 opo.half while donna nd
The Princeton union. [volume] (Princeton, Minn.) 1876-1976, 1895-09-26

mand were doubled while the supply did
not change, it is obvious that sandals
and hats would exchange upon an equal
ity instead Of in the ratio Of two to one
as formerly. And so if the wheat crop,
after remaining about the same for many
years, were one year to increase tre-
mendously, everything else being as be-
fore, can anybody doubt that hats and
sandals would command much more
wheat in exchange than in former years?.
And will this fact alter when the society
has adopted wheat it's common de-
nomina tor of values? Certainly not.
The supply of and demand for wheat
would control the quantity of it exchanged
for other things just as absolutely after
it had become the medium of exchange
among all commodities as before when
it served the same Identical function but
in single transaction.
THE FIRST MONEY.
Now let us advance another step in our
primitive community. Various things
were employed at different times and
places as this medium of exchange, but
whatever was so used, whether cattle,
lambs, beautiful shells or tobacco, it was
the first form of money and it's inalien-
able commodity attributes and Incidents
accompanied it and conditioned in various
ways it's operation as money; chief Of all
the memorable law of supply and demand.
In course of time and by a natural
process of development, gold and silver,
because of their universal desirability
and their exceptional fitness, became the
common medium in which the values Of
all other commodities were expressed and
in relation to which they were ex-
changed. For ages, as we learn from
antique inscriptions and from Aristotle,
Pliny and the Bible, the precious metals
in use as money passed by weight, and
the amount that should be weighed out
as the equivalent of any commodity de-
pended, other things being equal, upon
the supply of gold and silver, upon the
quantity, the number of grains or ounces,
in existence for the purpose within the
sphere Of the market. This is so obvious
that it seems almost needless to state it.
There cannot be the slightest doubt that
in those early days man exchanging his
products for gold or silver was able, the
demand for and supply of his products
remaining the same, to get more Of the
metals in exchange when they were
abundant than when they were scarce.
If the mass of commodities seeking ex-
The herald., 1895-06-13

diameter respectively. The inner circle
counts three points. indicated by red
flag; the middle circle counts two points.
indicated by blue flag, and the outer
circle counts one point, indicated by
white flag.
There will be general assemblage OF
all the m marksmen at Turner hail Satur
day, and they will join in the illuminated
parade at night
The ze.shooting begins at 9 o clock on
the morning of the 23d and continues,
with an lntermission from u to l o'clock,
until pm. 1t begins and closes on Mon
day and Tuesday as on the first day, and
the prizes will be awarded Tuesday even
ing at Turner hall. All shooting Will be at
200 yards, off hand, and all kinds OF
sights. excepting telescopes, will be al
low able.
The committee in charge of the rifle
contests are Chris krempel. chairman.
Joe Singer. Emil Harris, John Hauer-
waas and Joe MaeI. They are doing
everything IN their power to make the
coming tournament an era in the exist
ence OF the Pacific Coast Sharpshooters
and create leading rifle organization in
Southern California.
The shooting contests are open to all,
and there will be very sharp rivalry be-
tween the shooting sections of the Turn
ers and independent teams from various
parts of the coast. San Francisco will
send down some redoubtable shots and
this7part OF the Kreisturniest will attract
much interest
The herald., 1895-06-13
A DISTINCTION

There is somewhat general idea that
the supreme court OF the United States
will perceive the necessity of harmonlZlng
its decision that the federal power cannot
enter state in pursuit OF trust with
its decision that that power can travel
all over a state in pursuit o t an individual
who is charged with violation of the in
telstate commerce act.-San Francisco
Bulletin.
''There is somewhat general idea"
that the Bulletin should learn to dis
tinyuish between those things that the
federal constitution places squarely with
in the jurisdiction of the United States
government as it does in Interstate COM
merce, and in consequence all acts affect
ing the same. and trusts, whlch belong
only to different states and are therefore.
ii subject to gislatIon at all, only sub
1ect to state legislation. At least this Will
be the case until the centralzationists
succeed in amending the constitution so
that the state lines are completely oblt-
Grated and the general government be-
comes the papa of III. This alteration of
the original plan of the Union will not
occur so long as the spirit of Jefferson lives
in the Democratic party. Trusts may be
bad, but a federal government with un-
limited powers would be a great deal
worse. The states of the Union are ply
trusts, and the general government has
quite enough to do TO take care of the
functions that are peculiarly federal.
The herald., 1895-06-13
nUSICAL NOTES

Mrs. G. Ducommun's hospitable home
on South Grand avenue was thrown open
last night for musicale given for the
benefit of Professor Schel, who was as
sisted by his daughters, the Misses Scheii
and the Misses Roth. The programme
was full of merit and well rendered. Mr..
Scheil was a teacher of music twenty-five
years in Chicago and comes to our coast
highly reco mended. The trio for violin.
piano and cello was especially good, and
Miss Cora Schiel, who is only IA years
of age, displayed much talent and skill
in her playing. The vocal duet a Spanish
song by the Misses Roth, was bright and
catchy and much enjoyed. Following IS
the programme given:
Trio, piano, violin and cello march, Wendell
Schiel; Lin de Bal-Ernst Gillet.
Duo, for violin and cello, Don Juan, Ch.
Dsncla-Professor and Cora Z. schicl.
Vocal duet, Spanish song-Misses Roth.
THO for piano, violin and cello. Beethoven
Professor Schiel and the Misses Schiel.
Violin solo, Angels Serenade, Braga-W
schiel
Vocal solo. with violin and cello, For All
Eternity, Marcheroni-Miss Bertha Roth.
Trio for piano, violin and cello arranged
from Rosini's opera Bar Der of Seville-Professor
Schiel and the Misses Schiel
The herald., 1895-06-13
ADJUSTMENTS

New Los Angeles Theater.- Tonight
will witness at the Los Angeles theater
the opening performance OF Alabama, a
story of the South one OF the most sue
cessful American plays ever written. The
scene is an old plantation in Alabama,
and although dealing with the past as
well as the present, it involves an intri-
cate story of family relations, which is
so we'll told that the spectator is scarcely
aware that he is listening to narrative.
The company presenting Alabama is
carefully selected one. the scenery appro-
pirate and harmonious. the characters,
atmosphere, sentiment and shnmor' pc
culiarly American. 9-N
New Los Angeles Theater.-The Old
Homestead. Denman Thompson's beauti.
ful play, will entertain the patrons of the
Los Angeles theater for four performances,
commencing ON Monday evening, the
18th, and include a matinee on Wednes-
day. The Old Homestead, the best OF
rural dramas, and without doubt the
best beloved by theate. -goers. comes for
a limited engagement only. The story is
a delightful picture OF rural simplicity,
and the characters are lined with the
striking acuteness of a silhouette. The
presentation next week will have entirely
new scenery and appointments ard real
istic effects. The double male quartette
and church choir will be composed of the
best of talent. and many of the musical
numb bers ale new.
y = u
Orpheum-There is such rush for
seats for the Levy engagegent that late
corners are likely to fare badly. The
great cornetist is to appear at the Or
pheum next week commencing Monday
night, in conjunction with an unusually
strong company of specially artists. The
bill on this week is equal to any the
theater has offered and surpasses in ex-
cellence a majority of its predecessors.
Thee is comedy galore and the per-
formance is given to crowded houses
every night. The usual Saturday and
Sunday matinees are announced.
= = r
The Burbank. The Belle of Carbine
River is being played TO good houses
every night. The new specialtles are a
great acquisition to the play and here
after will be feature to the plays pre-
sented at this house. The Clemenceau
Case, with Miss Rose Stillman in the role
of liza, augmented by several new faces.
will receive its first presentation begin
ming on Sunday evening. The sale oi
seats already is large.
The herald., 1895-06-13
WILL TRY FOR BULLS EYES
Fine Workmanship Will Be Seen at the
Kreisturnfest
Herald Trophy-Crack Shots From
Many Places

tThe shooting contests at Agricultural
park during the Kreisteurnfest win bring
together mum Der of the crack marks
men of the Pacific coast.
Los Angeles marksmen are practicing
diligently for the big shoot ana it prom
ises to be one of the most mem orable
ever held in Southern California. Turn
Verein Gemania has offered long list
of valuable cash prizes for the best rec
ords and The Herald has offered an ele-
CANT vase as a trophy for the best average
in the free-for- all contest during the tour
nament.
The targets used during 'the contest
will be a German twenty-five-ring tar
get and the point target, which latter
will consists OF twelve-inch back, con-
tanning two smaller circles of seven and
one-half inch and three and one-half inch
The herald., 1895-06-13

only too true. The great powers of Eu-
rope have long interfered with the affairs
of Turkey and the smaller countries of
southeastern Europe for political pur-
poses usually veiled by some moral pre-
tense. They could help to make their
professions OF sympathy with advancing
civilization appear more sincere by rem
dering impossible the repetition of the
recent horrible scenes in little Armen ia.
If ever there existed reason for OF her
nations meddling in what may not be
strictly their own affairs it is found in
this Armenian incident.
The herald., 1895-06-13
AT THE HOTELS

H. B. Keeler, Santa Fe agent at San
Diego is at the Hollen beck.
W. F. Carson, travelling passenger agent
of the Canadian Pacific railroad, is at the
Hollenbeck.
J. NJ. Creamer, of the firm of Joel J.
Bailey & Co., OF Philadelphia, is at the
Hollenbeck.
Charles W. Thomas, prominent and
popular attorney OF Denver, is at the
Nadeau.
George J.. Withers, manager of one of
the Dalori's largest ranches, is guest
at the Nadeau.
Major George Easton of San Francisco
came down yesterday. While here he is
stopping at the Nadeau.
G. 6. Richie. with many other leading
mem bers OF the Ala pama theatrical COM
pany are guests OF the Nadeau.
J. L. Copeland of San Diego is noted
attorney as well as politician. He ar
rived yesterday and is stopping at the
Nadeau.
John C. Fisher, collector of the port OF
San Diego, is at the Hollenbeck.
D. A. Aeer, we'll known commercial
man who has been making trips to Cali
fornia for a NUM- Der OF years. is making a
farewell trip in the state. His bride ac-
companies him.
Edward Goodall. of the Pacific Coast
Steamship company, San Francisco, with
his wife arrived yesterday at the West
| minister.
Clement Bainbridge manager of the
Ala bama theatrical company, registered
from Elmira, \. y, is at the Westmins.
| ter.
| DR.. Huntington and wife of New
York are touring California and reached
the city yesterday. They are stopping at
| the Westm mister.
| Recent arrivals at the Hotel Ramona
include j. NJ. Shawhan and wife of San
Francisco, William NJ. Tisdae OF. Red
lands, Mr.. and Mrs. W. II. Rule of Ar
zoena. K. l.. Scott of New York. r..
DiGby johnson and Robert G. Reamer of
San Diego, David Webster of National
City and o. D. Patterson OF Santa Bar
bara Joseph d. Sebbs, Los Angeles. was
a recent visitor here. f. G. Parker. OF
Prescott Arizona. is recent ai-lyal at
| the hotel.
The herald., 1895-06-13
CominO nv Sea

SAN FRANCISCO, June 12.-Passen-
gers on the steamer Santa Rosa for Los
Angeles are I. S. Cramer, Will Hogg,
James Hogg, wife and child, Mrs. O. f.
Howe, Mrs. L. Crowell, Miss Burgess,
Miss Leona H ockman. Miss +. Taylor. J..
C. Peabody, T. W. Doyle, Mrs. 4. Martin,
Miss NJ. Brown, Miss Strauss, Mrs. Strauss,
Miss Kramer, Mrs. Kramer, Miss Ran
dali. Miss Sewell. Miss Durkee. T. d.
Adams. Miss s: Hart. Miss G. Hart, Mrs.
M. E. Barnes. Miss Yarbell. S. Strauss,
q. G. Miller, a. Meyer, William Hollis, A.
Saunders Daisy Adams. Mrs. Manuel,
W. A. Wetzell and wife, j. K. Patterson.
j. H. Danforth. George Sanderson. Ed
ward Mallon. Sam Inman, J. H. Glover,
Nj. +. Kelley. George II. Perrin. C. c.
Osborne ?. D. Fraser. +. l.. Gregory,
J. B. Bailey, and one IN the steerage.
The herald., 1895-06-13
OUT FOR ELKINS
National Committeeman Scott Declares HIM
self for Steve


self for Steve
WHEELING, W. Va, June Eek
Senator n. B. Scott, a National Republi
can com m itteeman, IN an interview, has
declared himself for s. B. Elkins for pres.
ident.
1--WE are going to name Elkins for pres
iden.." said Mr.. Scott. HE will be
named on the second ballot. have been
in the est recently and found the SEN
timent ev verywhere for him. l believe
West Virginia will send a solid delega-
tion to the convention for Mr.. Elkins.
| predict that in the next convention
Mr.. Elkins will have the solid delegations
OF California, Utah, Nevada. Wyoming,
Washington, Arizona and New Mexico,
and strong following in Kansas. Ne
braska and the Dakotas. For second
place on the ticket l favor a way-out
western man. Elkins with a western
man will win"
Senator Scott favors a platform which
shall be in keeping with Elkins' recently
expressed silver sentiments. recognizing
the white metal, but not fully declaring
unquaifiedly for free coinage.
The herald., 1895-06-13
READ 1T

We would earnestly invite the attention
of our readers to an excerpt from
Bradstreet's Journal published in the
commercial department of today's Herald.
The article treats in concise yet COM
prehensive way of the recent advance in
business and increase in wages through
out the east. 1t is made interesting by
brief table showing the total nun ber of
establishments resuming operations dur
ing the last two months the additional
number of employees thus given Work,
and the total number OF employees whose
wages were advanced in the time noted.
The article says nothing about any repeal
or alteration of the "Gorman Wilsonfree-
trade" tariff law. so We presume this in
dustry- destroying and wage-reducing
measure is still in force. The facts men
toned will not be included in the Nc.
kinley cam paign literature.
The herald., 1895-06-13

1t is rumored that Police Commission
er Pirtle, the great and good man who
spells reform with a capital Il, is about
to monkey with the Evening Record by
means of a libel suit. If Mr.. Pirtle is
fond of extravagant luxurios that tend
to make a man regret his very exist
ence, be will do just that very thing.
The lady who got it where she wore the
necklace, and the proverbial chicken
whose neck suffered severe shock will
be able to extend the great reformer
beautiful sympathy when he hears the
verdict.
The herald., 1895-06-13
At the Coronado

James D. Stubbs of Los Angeles was a
recent visitor here.
Al Walter and A. G.. Freem an of San
Francisco are late arrivals.
L. p. Gray OF the California Construc-
tioD company who has charge of the
work at Zuninza shoals jetty, North
island, is a resident guest at the hotei,
accompanied by Mrs. Gray
Dr. +. Walton Todd of Coronado enjoys
not only the distinction of b ing q
Forty-niner. but of having served as
surgeon in the Mexican war. The doctor
recently celebrated his ,eig ghtieth birthday.
The herald., 1895-06-13
A Railroad Smashun

PITTSBURG, June 12.-Informatio
reached the city late this afternoon that
on the Pittsburg and Lake Erie railroad
a pay car and freight train collided at
Mahoning Junction, wrecking both.
Engineer Cross, Fireman Brown, Train
Dispatcher Low. Assistant Train Dis
patcher Hall and Paymaster Ware were
all severely injured, but it is thought
none fatally. Eight others were slightly
hurt
The herald., 1895-06-13
TnE vIcTIns OF TURKISH BARBARITy

1t is to be hoped that the powers will
not yield in their demands for reforms in
the government by Turkey of Armenia.
The "uhspeakable Turk" has been able
90 retain control of the Armenians
through the nations that were parties to
the Berlin treaty, and the least these ma
tons can do now is to see that reason
able degree of protection is extended to
the helpless people. Undoubtedly many
of the early accounts of the atrocities per-
petrated upon Amrenians were exag-
gerated, but subsequent investigations
hy European representative and newspa-
per correspondents, have shown that in
the mainlthe stories originally told were
The herald., 1895-06-13
O'Brien rlust Retire

LONDON; June Fin the bankrupt.
cy court, on motion OF Patrick Alexander
Chance. recently accorded verdict OF
f407 against William O'Brien, NJ. p. for
the city division OF Cork, ali order was
today issued against Mr.. O'Brien. This
compels him to retire from parliamant-
The herald., 1895-06-13

Principal Gates of the high school, the
too-ready letter-wrlter and financier, is
somewhat ungallant. Mrs. Frick, tue
assistant principal, told Herald re-
porter at the commencement exercises
last night that briefs of the students
papers had been made for the Herald
and given to Mr.. Gates. When asked
for these abstracts by Herald reporter,
the ready letter-writer denied having
them.
Fie, professor, you should know better
than to question a lady's word. This
shows that you need some moro ad-
monitory consideration from the press.
The herald., 1895-06-13
Egan Is Eyasiye

DENVER. June 12.-John NJ. Eagan
arrive in Denver over the Rio Grande
road at II 80 O'Clock last night. is it
true you will not act as receiver in con-
nection with Mr.. Bancroft?" was asked.
Eagan evaded the question, saying he
thought the trust company would decide
upon a programme at an early day.
The herald., 1895-06-13

The Southern Pacific has taken anoth-
er step IN the work preliminary to the
construction of the branch line to run
from Santa Ana to Long Beach, and that
is the filing of petition for a franchise
for the road through the streets of Ana
The herald., 1895-06-13

Last evening the Rev. Anna B. Shaw
demonstrated that even the fact of an
eagle being bald headed will not protect
it from the wrath of the nearing woman.
May the Lord temper the wind to its
now featheIless hide.
The herald., 1895-06-13
DIED IN 0BSCURITY
Professor Goffrie, a Once Famous Musician
Passes Away

SAN FRANCISCO, June 12.-Professor
Charles Goffre, at one time one of the
best known musicians in the world. died
at Fruitvale Sunday. He was native
OF Germany. where he was born in the
city of Arnheim "A years ago. Although
he made considerable money and was ia
nous in his time, Goffrie died in COM
parative poverty and obscurity.
The herald., 1895-06-13

The Pasadenans are becoming a little
uncertain about their chances of inciner-
alton after demising, so they are con-
structing CrematoIy
The herald., 1895-06-13
PERSONAL

j. NJ. Shawhan has returned from
visit to San Francisco. He has been ap-
pointed the correspondent here of the
Call and in addition will look after their
interests in Southern California.
The herald., 1895-06-13
Wife Murder and Suicide

NEW YORK, June l2- Sigmond
Cheimler aged 36,of u East Eighty
fourth street. shot his wife in the fore
head today, inticting fatal injuries. He
then blew out his own brains.
The herald., 1895-06-13

Bright eyes, healthy complexion and Wig
orous system result from using Angostura
Bitters. Sole manufacturers, DR.. J. G. B. siegert
& .sous. At all druggists.
The herald., 1895-06-13
IN SOCIAL LIFE

Mrs. Bradner Lee entertained inform
ally with hearts party at her home on
South Hope street last night, in honor of
Mrs. Frank Shepard. The house was
charmingly decorated with clusters OF
white roses and pink carnations. These
were banked on the mantel and held IN
baskets and bowls about the room. The
score cards were heart-shaped. daintily-
tinted and edged with gold. At the con-
clusion Of the game the prizes were dis
tIibuted and tempting refreshments
served.
The herald., 1895-06-13
SUBSCRIPTION RATES
ANNOUNCEMENTS

EASTERN OFFICE: AZ and As. Tribune build
ing, New York.
FRANK S. GRtY Eastern Agent
The papers OF all delinc uent mail subscribers
to the Daily Herald will be promptly discon-
tinued hereafter No papers Will be sent 10
subscribers by mail unless the same have been
paid for in advance.
No con ntributions returned
The herald., 1895-06-13
Paper Carnival

The paper carnival continues to draw
crowds at the pavilion. and has been
such success that the management have
arranged for it 70 he run through the
week. Last night was children's night,
and nothing could be daintier or more
fairy-like than the May Pole dance given
by seventy-five or more children under a
blaze of colored light. The ladies of the
ice cream booth and candy table have
been more than busy each night in dis
pensing refreshments ana bon bons. The
programme will be varied during the re-
mainder of the week. And one evening
full of pleasure and interest is promised
all those who attend.