davidaulloa/AmericanStories huggingface dataset:
Omaha daily bee., 1895-05-07
BIHETALLISM AND MONOMET4LLJSu

BiHETALLLSM AND MONOMETALLISM,
What Is bimetallism? Bimetallism
is the concurrent use of two metals as
money. The advocates of the free and
unlimited coinage of silver by the
United States claim that they alone are
the only consistent upholders of BIZ
metallism and that their opponents are
nothing but gold monOmetalIists. or. to
use more opprObriOus title, goldbugs
Have they good grounds for their con-
tention? Or is this claim like so many
OF their assertions, intended only to
confuse and to deceive?
The term bimetalism does not neces-
sarily imply the free coinage of any
metal. A nation which should insist on
buying all its gold and silver as bullion
ana itself coming the same, retaining
the profits, if any, for the public treas.
ury, would fulfill all the requisite CON
ditions of bimetallism. IL the sense of
using both gold and silver as money
the United States has bimetallism now
England circulates both gold and silver
coins, and in this restricted sense is q
h'Aioi' 30 tOpS tIpfmlnX
80 do France and the countries of tba
Latln union, even now, when the coin
age of additional silver is practically
suspended. 1t would be suicidal for
any Of the leading civilized countries
to attempt to get along without both
gold and silver coin. For that very
reason they are under absolute COM
pulsion to 80 frame their monetary leg
lslation that gold will not drive out sill
ver nor silver drive out gold. Every
one of the countries mentioned could
unquestionably use more silver than
they do now, and if all of them should
join together they could no doubt re-
move all restrictions upon the coinage
of both metals. But for any one of
them, the United States in particular,
alone to open its mints free to both
metals at any such ratio as IL to l
would mean the immediate withdrawal
Omaha daily bee., 1895-05-07

of the undersigned metal from circula-
tion. would mean silver monometallism.
The primeAQd essential condition of
free and unlfNited coinage of more
than one metl bts such restrictions as to
ratio or amdhHt or both. as will ad-
NIT of their concurrent circulation.
Greshams laYTls simple. 1t is merely
that where There are two kinds of
money of Unequal value the cheaper
viii drive ont the dearer. If silver at
30 cents can Dc taken to the mints and
then passed FOR dollar people will
part with their gold only as commod-
l'y' Free coinage at IL to Is silver
nonomotalliSm. Free coinage Mt 4S to
l Is gold monometullism. To maintain
Dlhetallism either the ratio adopted
must closely approximate the market
f@tio, or the coinage of the over-valued
metal must be limited In amount, or n
suinclent number of nations must ioin
together to create demand that will
raise the market ratio to the legal ratio.
Ihe latter is International bimetallisn
and the only kind of bimetallism that
VIII permit of the free and unlimited
coinage of two metals.
Omaha daily bee., 1895-05-07
NEBRASKA and NEBRISEJNS.

The district Grand Army reunion will be
heid at Neigh some time in August.
valley county teachers will hold their in
stitute at North Loup beginning June "a
The Box Butte County Sunday School union
VIII hold its annual convention at Alliance
May "a.
A camp of Modern woodmen has been or
ganlzed at Wood Lake with twenty charter
members.
Hamilton Spence, who came to Nebraska
twenty years ago and settled in Stanton
county, died last week at the age of 6S years
On his retirement from the office of post
master at Ashland T. j. Pickett will remove
to Wahoo and become the editor of the
Wasp
Business men of Randolph are talking of
erecting a factory to manufacture a patent
wagon invented by Ben Boughn, a resident
OF that place.
A Nebraska City colored man stole fifteen
gallons of whisky and it was twenty-four
hours after he was arrested before he be-
gan to sober up.
Lightning struck the residence of Tom
Jacques near Endicott, causing but little
damage other than to severely shock Mrs.
Jacques and her infant.
Rev. Howard MacAyeal, who was a chap
lain in the legislature during the late ses-
sion. has resigned as pastor Of the CongTega-
tional church at Cambridge
Representatives Of the various fairs COM
prising the southern Nebraska circuit met in
Geneva and arranged the following dates for
the meetings this fall: Friend, August 81
%; Edgar, August 27-30; Geneva, September
PC; Hebron, September 9-12; Nelson, Sep
tember, 1920; Superior, September 1926 d.
w. Montgomery of Oak was elected president
of the circuit and j. w. Boden of Edgar sec
retary With good crops this year the man
agement confidently expects the fairs this fall
to be the mcst successful yet held.
Omaha daily bee., 1895-05-07
A CENTRAL AMERICAN ALLIANCE


1t appears that the course of the
Brltlsh government toward Nicaragua
mas aroused the states of Central Amer.
lea to sense of the danger of Euro.
peah aggression to which they are ex-
posed ana created sentiment in favor
OF defensive alliance between them
The refusal of Great Britain to submit
to arbitration the demand for indom-
nlty from Nicaragua has induced the
belief that in future the British povarn-
ment' in any complication it may have
with Central American state. will
itself sit in judgment on the issue and
then proceed by force of arms to on
force its own decree. This NAV be .
somewhat extreme view, but If con
hardly be said to be altogether unwor-
rahted' Tor 1t has not been the policy
OF Great Britain to submit to arbitro-
ton disputes with countries too vaoly
to offer serious resistance TO her do.
mands and it is to be expected sbe
Will continue to pursue the established
course in this respect.
'hu'"pteulS ln alllance of the Cen
tral American states, or what wouId
be better n union such as formerly ex-
isted, but under conditions more favor
able to its permanence. wouId ipsuro
greater protection against the donper
OF aggressioDs on the part of Euro.
pean powers. The five states of Com
tral America have total populotiop
of about 100000 and an agrrepoto
revenue exceeding $1OO,OOO,OO In
their separate condition they command
little respect, make very slow progress
III development, are in a chronic state
OF bankruptcy, and altogether are
about as helpless as they well could
be. United under one government thev
would constitute Il nation having some
claim to the worlds consideration ana
respect. There would then be n mower
In that portion of the continent able
to maintain an army and navy for IFS
defense and which could successfully
resist European aggression and demand
for Itself fair and just treatment at tha
hands of any foreign power, something
which no one of these states is now
in Il position to do.
There is another suggestion in connec.
tion with this matter which evidences
how strong the feeling is which Brit
ish treatment of Nicaragua has aroused
and that is the formation of a commer.
cial union between South and Central
American states against the produc-
tions of Great Britain. This Is n nIon
which might receive encouraCement
from the European commercial rivals Of
Great Britain. but it is not one that
Is likely to have very serious atten-
tion, because in matters of trade CON
of practical advantage ont
weigh prejudice and are superior even
to the sentiment of patriotism. As vet
Great Britain is in position to outbid
all rivals for the trade of the South and !
Central American states. Such com
mercial union as is suggested. conced-
lhs 1t to be practicable, would fail 10
accomplish the desired object and could |
not be long maintained. Manifestly |
-he true policy of the states of Central
Omaha daily bee., 1895-05-07
South Carolfna's DIspepsarv law

COLUMBIA, S. c., May 6.-Tn the United
states court this morning, Judges Goff and
Simonton on the bench, arguments were COM
menced in the case to test the constitution
ality of the dispensary law. At the OPEN
ing OF the court, upon motion of DR.. Samp-
son Pope, an order was issued for State
Liquor Commissioner Maxon and Constables
DAVIS ana smith to appear in court tomor-
row morning and show cause wby thew sbouid
not be punished for contempt Of court in
having dlsregarded Judge Gor's temporary
injunction in the dispensary cases. Assistant
Attorney General Townsend spoke for the
state this morning. Judge Goff will render
ueGision In the registration injunction case
which was argued last week on "Wednesday
morning.
Omaha daily bee., 1895-05-07
Anticipation and Realization.

The democratic papers and speakers said
that the shortage of revenue under the old
law would b. succeeded by an abundance of
as soon as II was in force and the people Were
able, TO get the cheap foreign goods they
would be sent here from all parts of Europe
ana that the treasury would have no cause
to complain of lack of money Their law
has been in force for eight months and tn a
Iotal receipts under 1t have been only SlS3,-
100000. The removal of sugar from the
iree to the dutiable list and the raising of
tne tax on whisky did not make the Wilson
as consequence the treasury deficit under
1t has been s5l,000OO) to date. 1t will be
for even II the income tax is sustained
hnally by the supreme court. it has become
apparent that very little will be collected
Omaha daily bee., 1895-05-07
Free Coinage in a Nutshell.

Cheap money always drives better money
out OF the market, This is not a theory,
Dut tact. At the breaking out of the lat
war gold and silver were the money of the
country, but these were not in sufficient
quantities to meet the extraordinary de-
nlands or the government and it was nee
essary to issue paper money This was a
deprecated currency, and at one time it
TOOK NsO in greenbacks to purchase 81 in
thing, to get a coin of either. Free coinage
or silver Will drive gold to seek a hiding
ulate the price of silver, and that price viii
be the market value of the silver Contained
IN the coin If silver is worth so cents an
ounce, then the coin stamped by the gov
ernment as 81 will be worth only 50 cents.
Omaha daily bee., 1895-05-07
The Power Behind the Bear.

1t would be well to know the inside foots
as 10 the intentions and motives of the
russian governm MT, and to be able 70
point out the circumstances which wouId
determine its aantion- in the direction of
peace tfo,.3 or war Unfortunately, our authentic
We do not know what condition Of tbc
Chinese question would move Russia to war,
me strongest reason for believing the re-
portS or Russias belligerent intentions is
the knowledge that war would enrich a
large number of the influential and con-
which the army contractor seldom dies
poor 1t need surprise no one to find ont
that large and powerful public sentiment
what there Is in it,
Omaha daily bee., 1895-05-07
TIE SOUTH ANp SILVER

The fact that Secretary Carlisle has
accepted an invitation TO address the
sound money convention. composed of
delegates from the southern states. to
be held in Memphis two weeks hence.
has lent additional interest to the
movement which will then be inaugr-
rated for a campaign of education in
the south in the interest of sound
money. In his letter accepting the in
vitation the secretary of the treasury
says that while the entire country is
deeply Interested in the preservation
OF sound currency, no part of it
would be more injured than the south
by the adoption of deprecated and
huctuating standard of value.
1t ought to be obvious to the intelli-
gent people of that section that as n
growing community, with almost bound
less resources yet to be developed. no
portion Of the country has greater need
than the south of n sound and stable
currency, and yet the free silver craze
has taken strong hold there aud has
among its advocates some of the ablcst
and most influential men of that sec
ton. The strength of free silver in
congress has come chiefly from the
south. and it is not to be doubted that
n large majority of the southern people
now believe in that policy. But there
Is reason TO think that the number of
free silycrites in that section is dimin-
iShing. one convincing Indication of
this is that some influential news
papers which advocated the free and
unlimited coinage of silver a year ago
are now opposing it, while men who
have hitherto been moro or less promi-
ncntly identified with the free silver
cause are either doing nothing to pro-
mote 1t or have joined the opposition.
The sound money movement which
Is to be inauguratCd at Memphis is
Deing promoted mainly by business
men. rather than by politicians, and
it should be for this reason all tho
more useful and influential. The dom
agogues have had free way long
enough. and it is time the practical
men of affairs, who understand the
relations of sound and stable cur
rcncy to solid material progress and
made themselves heard on
this vital question. The practical men
ll that section, the men who are identi-
lied with its growing industries, its
commerce and its transportation inter |
'Sts, see that if the capital needed for |
continued development is TO br drawn |
there it is necessary that the popular
sentiment shall be in sympathy with
sound financial principles instead of
being arraycd against them. These |
views are being vigorously urged by |
leariy all the leading newspapers of |
he south, and they are having their
Meet 1t is reasonably to be expected |
nat the Memphis convention will have
most important influence. Secretary
'arliSle, unquestionably the abIest of
he southern democratic leaders, and
who deservedly possesses the conf
ience of the south, while his position
II the past regarding the currency has
lot always been unassailable, will dis
llSS the subject from better vantage
ground than he has ever before occu
'ied, and undoubtedly with good re-
uits The outlook for the cause of
ound money in the south is altogether
ncOuraging.
Omaha daily bee., 1895-05-07
LOST FOREVER.
When on


Atkinson Graphic
IF we could get the ear of the head push
or the Fremont, Elkhorn & Missouri ValleX
railroad we would like to ask why we
can't get passenger train in here from
omaha before 10 o'clock at night? If q
tram would leave Omaha at about a m
we could get our letters and papers about
p. m. which would be a great benefit to tho
benefit every town on the Elkhorn road
Without being too inqulsitive we would lk,
70 ask why the change couldn't be madei
we would like to read our Omaha paper,
n same day they are published, instead
Omaha daily bee., 1895-05-07

One of the free silver democrats
wants to know where the present ad.
mlnistration got its authority to read
the IL to l men out of the democratic
party. The sound money democrats
are puzzled by very similar problem.
Ihey want to know by what right their
free silver friends lay claim to a
monopoly of the term democratic.
Omaha daily bee., 1895-05-07

ex-senator Crisp has declared himself
ttbheoraDle thN to the free coinage of silver and
iT,, .IS DOMINATION ora west rn man with a
fnn ffn,!iIary record as the democratic candidate
tor president inSlSg6l There have been times
IN II, me history of the country when political
or cheap dollars and by the glitter Of brass
buttons, but next year will hardly be a safe
r Liilie 10 renew the experiment. The demo
cratic party since the day of Jackson has
mad particularly hard luck with its military
candidates and no luck at all with its soft,
Omaha daily bee., 1895-05-07

1t Is only about twenty years since
the money cranks We're just as conf
dent that the prosperity of the country
depended solely on the retention of n
deprecated paper currency as they
now are that it depends upon the ex-
pahslon of our currency by u debased
silver coinage
Omaha daily bee., 1895-05-07

The Board of Public Works is practi-
cally without an occupation. But the
Office force is just as large and Just
as expensive as it was when the city
was spreading new public improve
ments in every direction.
Omaha daily bee., 1895-05-07

The income tax hearing is again on
before the supreme court and the in.
come tax collectors are once more re-
signed to the expectation of further
trouble in their department.
Omaha daily bee., 1895-05-07

omaha 1obbers have grievances
against determinations in rates upon
traffic originating and ending wholly
within the state. But they would not
thihk OF bringing case before the
State Board of Transportation. With
such complaints they so directly to
the railroads when they want to be
turned down. 1t amounts to the same
thing.
Omaha daily bee., 1895-05-07

Spain denies that she has entarod
INTO any arrangements looking toward
Joining France, Germany and RUSSIA
In their protest against the treaty of
peace entered into between Japan and
emma. A denial from Spain is alto
gether supertluous- Spain has all she
can handle just at present in Cuba. and
even III ordinary times her protest
would not arouse much concern.
Omaha daily bee., 1895-05-07

America Is to unite in n federal repub-
lie, with constitutional system of
government like that of the United
States, but unfortunately there is so
much Of mutual jealousy and suspicion
that such a consummation is hardly
Omaha daily bee., 1895-05-07
And Vitiates tho air.

OhlCaSO tribune.
The good people of Wasbipptop n ~
are are, asterred from embarkng in the Pingree
- pUtato patch business with the enthusiasm
~ ~ otner communities by the probability that
the necessary fertilizers will cost more than
tne ,i, potatoes are worth The crop Of states
hausts the soil for miles aroI1nd eoii en-
Omaha daily bee., 1895-05-07

The district court has reconvcned for
the spring term. The public will soon
be forcibly apprised of the fact by
the rantankerous rawlings of the judge
on the criminal bench
Omaha daily bee., 1895-05-07

Chicago is going to send one of her
great department stores to New York.
But then she will get her own back
again before many years by the process
of annexation.
Omaha daily bee., 1895-05-07

Justice Jackson occupies most
unique position in the income tax re-
nearing. Unless the other justices ex-
perience change of opinion the de-
ciston in the case will rest upon him
alone. He doubtless appreciates the
responsibility that has thus fallen to
him
Omaha daily bee., 1895-05-07
A Financial Napo eln Among N,tivss

ME. Sun should present his compliments
,,orar 10 dohaHras and order salute fired in its
nonot, neh country with a populatio, of
oaly 43l0OO can borrow $l6.iiG OdO from IT, EnUI Ul
,5iii.i ,and and $50 from France and omit
paying inter st for twenty-five Years. If has
ma ihn3nce The only thing to do With such
tlI6d. nId investments is to charge them up to
that high interest means bad securitv 'iihe
Omaha daily bee., 1895-05-07
Mutual Dis ike.
New York Tribune.

new YORK Tribune.
vice PRESIDENT Stevenson declares that he
mas precious little use for those illinois
siiwnr SiGi9crats n,. WHO have inaugurated the free
they have Topped clear over into fbe LA la
I Ilist camp; 1t would seem that the Illinois
ueniocrats had precious little use for Steven
Omaha daily bee., 1895-05-07
Ihe Upward Iurn

NAlHttS' lOSl
tte me business situation today Is better
iSo5 Ih ~ mas Deen at any time since Nav
so11,1 Io21; treat puoyancy, increased trade and
,o,, nounu nppelulness on the part of men whom
personal nee sssities make shrewd and con
serVattve observers mark the berinninS Of
the summer season ii'"S VI
Omaha daily bee., 1895-05-07
Kansas city Journal.

=, IN'ITI9Is VWy JOuFn1T.
Mr.. Cleveland says that II is all a matter.
OF taste and good breeding wbether nffcer CeI
uhoiaetS th,t shali criticiss the president, and
Ht onHdt those who have the bad taste to criti-
-. ~ Nun VIII get up some morning and find
thetr heads OFF. This. as we understand II
IL hot threat but merely prophecY. ~
Omaha daily bee., 1895-05-07

All that Japan now needs to claim
equality with the great civilized pow
ers Is to demonstrate her ability to
adopt the game of foot ball.
Omaha daily bee., 1895-05-07

Iowa will have to import some of
those cyclone cellars from Kansas.
Omaha daily bee., 1895-05-07

EX-Superintendent of the Census Por-
ter comes to the rescue of those who
are complaining of the inaccuracy of
the latest New York census by giving
expert testimony to the fact that it is
plainly stuffed. He says the only way
to get an accurate census is to have
the enumeration performed under prop
eriy and specially organized super-
vision by men chosen for that very pur-
pose. The manifest inaccuracy of the
two censuseS taken by the New York
police is, he insists, substantial con
hrmation of the census of 1890, taken
under his administration and against
which New York protested so loudly.
Omaha daily bee., 1895-05-07

No one has venturcd to explain why
ten So city directories are needed in
the city hall building.
Omaha daily bee., 1895-05-07

Now watch some fine political work
In the employment of the enumerators
who are to take the annual school cen
Slis
Omaha daily bee., 1895-05-07

Free coinage will not force the gov
ernment to buy single ounce OF sill.
Ver cries Mr. Bryan. Perhaps not. but
1t wosld compel the government to
stamp one dollar on the face of 80 cents
worth of silver bullion and exchange a
piece of gold bullion worth one dollar.
stamp or no stamp, for it so long as
any gold remained in the treasury, and
thereafter nobody would care about
coming silver dollars, because their
purchasing power would only be equal
TO half dollar, just what Mexican
dollars are now worth in Mexico or
any other country where they have free
and unlimited coinage.
Omaha daily bee., 1895-05-07

1Otal bSj
Less deductions for unsDl1 and returned
copies bu-)
Net sales 6I3
Daily average 10 70l
Sunday.
GEORGE II. TzSCUCCK
Sworn to before mo and subscribed in my pres
ence this % day OF March 1895.
(Seal) n. =. FELL. Notary Public.
Omaha daily bee., 1895-05-07
SNdPPTNo SMILES.

New York Herald; Pa, will women get
their rights?' ~ don't know my SON but
u they do therell be very little LEFT for tho
Omaha daily bee., 1895-05-07

Chicago Tribune: Mrs. Chugwatcr-Whe
was going over n crossing down town
this morning horse tried to bite me.
, MIR. Chugwater-The owner must have
been keeping the animal on a diet "
Omaha daily bee., 1895-05-07

philadelphia Record: Nell-How did Mr.
Sillicus catch such n cold? Bellc-Hc said
ne was sitting out on the balcony wrapped
in thought.
Omaha daily bee., 1895-05-07

OFFICES.
Dmaha. The Bee Bulillng.
South Omaha. Singer Blk., Corner and 2ith SIS
Council liiuns. n poarl Street.
Chicago OfiCe 3i7 Chamber of Commerce.
New York Rooms 10. II and Is, Tribune Bldg.
Washington. liO7 Street, n. w.
CORRESPONDENCE.
All corunnun icntlons relating 10 nnws and e1i
forial matter should be addressed: To the Editor.
BUSINESS LETTERS.
All business letters and remittanccs should be
addressed 20 Tho Bee Publishing company,
Omaha. Drafts. checks and post3fice orders to
be made payable to the order of the company
THE BEE PUBLISHING COMPANY.
Omaha daily bee., 1895-05-07
srArEMnN.r or rGrc1,f.ArfnN.

SIAIEMENT OF CIRCULATION.
George u. TzEchucls. secretary Of The Bee Pub
fishing company. being duly sworn, SAYS that
the actual number Of fun and complete copies OF
the Daily Morning Evening and sunday Bee
printed during the month Of February. 1885, was
Omaha daily bee., 1895-05-07

,HIarFr's Bazar: Look at that foolish
! an umbrella. Is he crazy?'
s. I'm afraid he is, Let's hurry on
o9mt ,!Jhv want m TO- meet him"
| his" '''' u''o' '''''
Indianapolis Journal: Mrs. FLgrs-Dear
me! You never come into the house with
out making an attack on that dish OF dough-
Tommy-Yes. NAV: a home run doesn't
count unless feler hits the plate, you
know,
Chicago Record "Oh, pa" cried little
Tommy, excitedy, "the cats got his tail ali
covered with ink, and Just look what funny
Great Caesar! my child, don't touch It."
exclaimed the artist of the Yellow Book
school until ! can reproduce that in
sketch. My fortune is made."
Truth: Mrs. Hicks-Thls paper tells about
a hunting dog that has formed a strange
count for that? Mr. Sport-Probably they
are both settlers.
Chicago Tribune: Sammy-Paw, the paper
says there's a MIR. Damn out in Nebraska
1t amt swearin' to say Mr.. Damn is it?'
His Father-No. Why?
Sammy-Cause I've Mr.. Damn good
Gai Ghance to have some fun by not goin'
LOST FOREVER.
indianapolis Journal.
When once the bloom is rubbed from the
grape,
No art of man can restore IT;
No skill replace the chromatic dust
ON the buttertiy's wing that bore IT,
NO man can put back the down on ths
Be he ever so humanity clever
And a thousand per cent in a base ball race
When lost, is lost forever