davidaulloa/AmericanStories huggingface dataset:
Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1896-07-31
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Montpelier, VT.
The Best .
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1T is ncontestable after two years from date Of
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1T guarantees most liberal endorsed cash, paid
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surance.
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Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1896-07-31
Vermont Spring Company.
NEWFANE, VT.

THIS water has a decided effect In wing the
L system of all impurities of the b ich as
Scrofula, Salt Rheum, Eczema, all E of
the skin, Uric Acid, etc. 1t is almo g
in chronic Rheum atsm, Diabetes, Z Dis
ease, Gravel and ali forms of Blade bes
Many of the above diseases have been cured by
freely using these waters numerous people
will testify. GEO. H. PAYNE, NJ. D.,
Boston, Mass May o. 1895.
Wholesale price, quarts, $3.50 dozen; pints,
81 per dozen. Address, VERMONT SPRING CO.,
Newfane Vt
The following is a statement from one of the
trustees of the WindhRm County Savings Bank
Brookline, Vt, June 2S 1895
have read the card of the Vermont Mineral
Spring Co, and the letter printed thereon from
Geo. II. Payne, NJ, D., In May O. 1895 and can
state that l have known most Of the diseases
therein mentioned to have been cured by the
water. When was boy my mother, Sarah
Blander Stebbins, had swollen ankles and sores
on them, and she sent me after some Of the Yer
mont Mineral Spring water, and she drank and
bathed in the water and was entirely cured by
its use
One time when 1 was going there after the
water l saw man drinking and turning the
water on his skin; he was in a deplorable con-
dition suffering with salt rheum. saw him not
long afterwards and hie skin as smooth as
healthy chid's and he told me he was cured solely
by the use Of the water. have lived in Brook
line greater part of my life and am a brother of
Deacon c. Q. Stebbins, Townshend, VT, who has
used the water for years for kidney trouble.
am seventy years old. JOHN B. STEBBINS.
The climax. [volume] (Richmond, Madison County, Ky.) 1887-1897, 1896-10-28
ANOTHER PUZZLE.
An Index as to the Movement of Gold
Under Free Coinage.

An Index to the Movement of Gold
Under Free Coinage.
Mr.. Bryan has given the gold men
another puzzle to worry over and they
are beginning TO tear their hair.
In his Richmond speech the demo-
cratic candidate remarked that, despite
the prediction that the election of the
Chicago ticket would drive gold out of
the country, the mere nomination of
presidential candidate on n free silver
platform had been followed by q re-
marllable flow of gold to this country.
This statement has thrown the gold
organs of the east into hysteria. They
are exhausting the vocabulary of polit-
ical vituperation to heap obloquy on
Mr.. Bryan for making such a state
ment. They say that any fool would
know that Bryan's candidacy has moth
ing to do with the flow of gold to this
country; that it is caused by She out
flow of corn and cotton and the conf
dence of the election of q gold standard
president.
But the fact remains that the first
free flow of gold to this country for
several years has taken place after the
nomination of a presidential! candidate
on a bimetallist platform.
Surely it will not be conteDded that
there Is more confidence abroad in the
triumph of the gold standard since the
nomination of q free silver candidate
than there was before any one of the
great parties had taken up the cause of
bimetallism. Yet before Bryan was
nominated the outflow of corn and cot
ton did not bring gold here, but with
the most favorable trade conditions it
| flowed out and had to be bought back
with high-priced bonds.
If the facts knock out the gold mems
theories it cannot be helped, and they
must accept the consequences. The
fact is that with q great campaign in
favor of silver going on gold is flowing
| into this couBtry at such a rate as to
Brighten Europe and force the Bank of
England to put up the rate of ex-
| change.-St. Louis Republic.
The climax. [volume] (Richmond, Madison County, Ky.) 1887-1897, 1896-10-28
Mortgages and the Currency.

About 90 my father mOrtgaged his
farm in New York state. HIS children
were small and there was much sick
ness. Then the children had to be sent
away to school, and the mortgage was
not paid, but the interest was kept up,
which satisfied the holder of the mort
gage. The mortgage is still unpaid, my
father is dead, and the mortgage on the
home farm is the children's legacy.
Is it justice, is it honesty, to compel
the payment of that debt in the curren-
cy of to-day, dollar for dollar? This
case is but one of many; there are hun
dreds of farms in the same vicinity
which, like my fathers, will not sell
for one-fourth what they would 80
years ago, yet they are better improved,
with better buildings. 1t seems to me
that our financiers do not realize the
struggle the thrifty middle classes are
making to keep from going under
Cor. N. Y. Outlook.
The climax. [volume] (Richmond, Madison County, Ky.) 1887-1897, 1896-10-28
THE ATTACK THAT REACTED.
W. r. Hearst's Reply to His Opponents
WHY He Is a HimetailIst.

Mr.. W. II. Hearst, of the New York
Morning Journal, has begun the publ
cation of the evening edition of that
marvellous publication.
Mr.. Hearst has attracted the atten-
ton of the whole world by the brilliant
manner in which he has espoused the
cause represented in Mr.. Bryan's presi-
dental candidacy. lie has, of course,
been attacked by his opponents, but
his answer every time has been the
publication of better newspaper. The
last attack comes from the San Fran
cisco Call. owned Ivy Spreckels, of the
sugar trust. The Examiner is the
largest and most influential newspaper
published in San Francisco. and it is
owned by Mr.. Hearst. who is defending
democracy from both the Atlantic and.
the Pacific coasts. The Call is a rabid
gold organ, and in recent Issue it
made q pernicious effort to impugn the
motive of the Examiner and of Mr..
Hearst in espousing the cause of free
coinage. iHtiInatinP that the Hearst es-
tate was chiefly interested in silver
mining property, and that Mr.. Hearst's
devotion to the cause of bimetallism
was promoted by mercenary and selfish
instincts.
In Connection with this charge the
following inventory was given. 1t will
be observed, however. that the charac-
ter of the mines was not specified:
The climax. [volume] (Richmond, Madison County, Ky.) 1887-1897, 1896-10-28

creditor class the same aus the selfish
interests of the debtor class? Is it not
TO the interest of the credior class to
get outof the debtor class all they can by
right or might, and is it not as much
the interest of the debtor class to es-
cape them-to pay them-just os little
as they arc allowed TO do? At least, is
this not their selfish interest, and what
both classes the most practice?
1t seems TO Inc that but one answer,
an affirmative, can be made TO this, also.
Now, fellow aborer, to which Of these
two classes do you belong? Is it to the
moneyed class, the creditors-althougb.
perchance, you do have small savings
bank account or life insurance policy,
which few real laborers have? Some
politicians contend that the day laborer,
with days wages unpaid. is q creditor
and belongs to the great creditor class,
but is not this rather far fetched? Then
we are told that the best interests of the
creditor and debtor class are Identical.
F., Granting this, but as practiced, is it not
an interest similar to the mutual in
terests of the lion and lamb, with the
lamb within the lions NAV? AS to the
silver mine cwner, what need 1t concern
us whose interests are linked to ours 50
that our own are forwarded and pre-
served? Are the interests of the silver
mine owner and the laborer identical?
Let statistics say whether all the prod
ucts of labor have not decreased in value
along with the fall of silver, and let good
common sense say whether decreasing
in value with silver it is not reasonable
to suppose they will increase IN value
together Fellow-laborer, the field has
been fairly and clearly looked over.
Which side will you vote ?-"Agricola,"
in Chicago Record.
The climax. [volume] (Richmond, Madison County, Ky.) 1887-1897, 1896-10-28
their demand for it expand and increase

their demand for IT expand and increase
constantly. This is true in other coun-
tries. and must go on. AS to the Eu-
ropean countries we sell it to, the
cheaper they get it the more there Is
in exchange with the ultimate buyer.
AS to the latter, the cheaper they get
it the more there is to them in building
up their industrial and commercial COM
petition with gold-using and with BIZ
metallic countries. The difference in
price between coinage price and what
we get for it, say, half price, is not only
direct la.sS to US on a valuable and i'm
portant export, but it is bounty 10
o".rntal countries to help them expand
th"ir business in competition with US.
Protection and cheap silver cannot go
together. The one is protection of our
home market to the home manufac-
turers. The other is bounty to the for
eign manufacturer to the extent of fur
nishing him money worth dollar for
so cents, and with it he is becoming a
competitor. If the price was full coin
age price as 1T would be under free coin
much per ounce for what silver we could
spare but we should cease to give our
industrial and commercial opponents
the advantage over us which we now
give them. We are the largest silver
producers in the world; Mexico is next
and South American countries produce
a large part of the remainder, and with
fraa c-;Ix-o- ~ e
would control the worlds silver.
'Silver alone is the money of nearly n
billion, or two thirds of the worlds pop
ulation. The operation OF the appre-
ciating gold value has been, so far as it
applies to silver itself. to enable Eu-
ropean exchange dealers to buy silver
from silver producing countries at half
price and to sell it to silver using coun-
tries which produce no silver, at full
price. appreciated gold has served to
make a. Aport, or selling countries,
sell their exports at half price, as meas
ured by gold, and of course this has
brought their domestic trade down to
the export price level.
The United States, as the largest
producer, by free coinage could control
the silver situation. With silver here
at coinage price we would get all Mexi-
can and South American surplus sill
yer, or else force countries buying it
direct to pay coinage price. There
would then ensue, in silyer-using coun-
tries, a struggle for silver, such as has
come for gold in gold-using countries
since the yellow metal was started in
the scale of appreciation by throwing
out silver from the minis. Then the
European countries would have to fur
nish their oriental and other silver-us.
ing customers with silver or lose the
trade of those countries. There is no
question as to what they would do. The
gold would come for it, at coinage price
Making silver worth coin price will in
crease the worlds demand for it. The
United States has advantages rs a pro,
duccr and as the neighbor of the other
producers, and in her own wealth and
power to be master of the silver situa.
ton; If she will only exercise it,
The climax. [volume] (Richmond, Madison County, Ky.) 1887-1897, 1896-10-28
THE EXAMPLE OF FRANCE.
How BimetaIlism Worked There Betwe
1909 and 1879,

W
1903 and 1873.
Sir Henry Hucks Gibbs, for 40 years
director of the Bank of England, at
one time its governor and gold delegate
to the international convention of 1878,
bimetallist now and for the rest of
his life, declares land that he had per-
sonal knowledge goes without saying)
that from 1903 to 1873, notwithstanding
the fact that the law requires nothing
of the sort to be done, there was not a
day when any person could not go to
the Bank of France and get either gold
or silver for the other at the mint ratio
of 15% to l. Silver was rendered and
coined every year, and gold every year
but 1888 and 1872. When England in
1921 resumed specie payments, after
a long period of paper currency, the
coinage of gold in France fell Off very
much, and when in 1870 and following
years the great increased production of
gold came into the worlds supply, it
was rendered and coined in immense
quantities. But all this time the mints
were coming both metals, and the open
mint of France, like a pipe between two
! reservoirs, maintained the level of the
| two masses of metal and was the equal
/ izer of their variations. Nothing could
more beautifully or triumphantly IL
lustrate the fundamental principle of
! bimetallism. The two metals became
in effect one metal, one primary money
mass, to respond to the demands of debt
and business end to support with broad
er basis the credit fabric of the world.
| Said Mr.. Cernuschi, French delegate at
the monetary conference of 1881: THE
law by placing the yellow metal and the
white metal on the same footing, by es-
tablishing q fixed and invariable ratio
| between them, has made them really
single money."-C. T. Stone, in Chi
| cago Record.
The climax. [volume] (Richmond, Madison County, Ky.) 1887-1897, 1896-10-28
WORLDS NEED OF SILVER.
The United States Has Advantages Which
She nu-b1 m Tse

The New York Financial News. in
lengthy editorial discussion of the topic
suggested by the above head, calls at
tention TO the fact that since our repeal
of the purchasing clause of the Sherman
act there has been a steady increase in
our exports Of bullion, amounting to
everything not used here averaging for
1894 over three and tenth millions OF
dollars per month, for 1895 over three
and a half millions per month, and for
the eight months of 1896 over four and
tenth million dollars per month.
The Financial News publishes in the
same connection an interview with a
Wall street business man, which the
Penny Press deems worthy herewith OF
reproduction:
This silver finds its way to India,
China, Japan, the Straits Settle1nents,
Ito countries all over the world using
silver. Oriental countries are sinks for
silver, viii absorb any emount and
never give up any. Their business and
The climax. [volume] (Richmond, Madison County, Ky.) 1887-1897, 1896-10-28
THE SILVER IN A DOLLAR.
Fallaey of the "53-Cent Dollar Exposed
An Apt IIlustration

An Apt Illustration.
While the exceeding great cry regard
ing the '53-cert dollar" is having its
inning, let us look for moment into the
question and discuss the matter in a way
that has some element of reason in it,
There has been much written on the
subject, but there has probably been
nothing more 10 the point than the lit
lie review printed by Mr.. \. j. Warner.
IN this he says that allied to the notion
OF intrinsic value" if not growing
directly out of that fallacy is the plati-
tude often heard: Put a dollars worth
of silver in u dollar" If the value of
the metals was intrinsic and did not
depend on the law of supply and de-
mand, then there might be some sense in
such g demand; but as the value of both
these metals depends on the law of sup
Ply and demand, and as demand for
them comes largely from monetary use,
TO ask that given weight of one metal
should have the same value with none
tary use, or the demand for it for money,
taken from il, that the other has with
the demand for it for money doubled by
the very act that took away the demand
for money from the other, is so mani
festly impossible that the wonder is
that any intelligent person should re-
peat ii; and yet nothing is more often
heard than this absurd claim, and that,
too, from otherwise intelligent people.
The Nanderbilts have two lines of
railroad between New York and Buff
falo. Suppose they shOull take off from
one of these lines all through trains,
leaving only a few local trains to do
a little local business, and double the
trains on the other. Presumably the
earnings Of the two lines and the value
of the stock of the two roads would be,
in proportion to the business of each.
Would it not appear on its face absurd,
under such conditions, for the Wander
bits to say when the earnings of the
line depleted of trains and business shall
equal the earnings of the other line,
and its stock becomes as valuable, then
The climax. [volume] (Richmond, Madison County, Ky.) 1887-1897, 1896-10-28

we will put the through trains back on
it, but not til then" But would this
he any more absurd than to ask that
the value of silver, without moneatry
use, or the right Of mintage, should be
the same rs with it?
First. then, restore to silver the right
of free coinage, the same as is accorded
to gold, and the same that it possessed
for indefinite ages prior to 1873, and
then if the coins OF the two metals do
not remain at par on the ration of six
teen to one. there might be some reason
for considering a readjustrnent of the
mint ratio, but not till then.-Buffalo
Times
The climax. [volume] (Richmond, Madison County, Ky.) 1887-1897, 1896-10-28
Ere. Discussion Hurts Them.

The goldite organs in some localities
are insisting that street debates and
discussion of the money question should
be prohibited by the police. OF course
they should be prohibited, in view of
the fact that when a corporation or
Wall street attorney attacks Bryan
yrageworker, business man or farmer
on the street ne gets the worst of the
argument. But these goldite organs
need not worry. II the trusts and mo-
nopolies continue to gobble everything
in the future as they have in the past
they will control the air we breathe,
and then no one viii be allowed to
breathe who does not advocate the in
terests of the idle holders of capital
Illinois State Register.
The climax. [volume] (Richmond, Madison County, Ky.) 1887-1897, 1896-10-28
INCREASED WAGES.

offered to Workingmen If Bryan Is
Elected to the Presidency.
The supporters of Mckinley and the
gold standard are doing their utmost
in this campaign to make the work
ingmen believe that Bryan's election
would be followed by closed factories,
idle mills and starving families. But
all employers have not been frightened
into this belief. The Central City stove
works, of Newark, o., takes precisely
the opposite view and has posted the
following notice at its factory:
The climax. [volume] (Richmond, Madison County, Ky.) 1887-1897, 1896-10-28
WHICH Is YOUR SIDE7
How the Law of self-Preservstion Work.
in the Present Issue.

in the Present Issue.
1t seems TO me if all laborers would
look into this financial controversy dis
passionately and free from all party
bias we should soon be n unit upon 1t.
We are all interested alike-what will
benefit or injure one will equally affect
the other and in the same way; all are
true patriots ut heart and would scorn
to do, or even advocate, what would not
be the best for the nation and people at
large. The trouble is we see things
through a glass darlSly." partisan
glasses; let us lay such aside and try
to look at facts through our own nat
ural, unbiased, common-sense eyes.
And let those who have not used their
eyes at all, trusting the eyes and hon
esty of others-political lCaders-look
into matters with US and for them
selves. Nov what do we see? Two d.
rectly opposite hosts, one holding for
the present gold standard, the other
for the coinage of silver, "the dollar of
our daddies." What classes of people
make up these two opposing hosts? On
the one side we see all our millionaires,
our national bankers, our money loan
ers, our rich corporations, our gold
mine owners, all who do not have to
labor for their living, but depend upon
the earning power of their money. On
the other side we see the farmer, the
day laborer, the mechanic, the small
business man, and, through selfish in
terests, the silver mine owner. One side
may be classed as the creditor class, the
other, leaving out the silver mine owner,
the debtor class.
Now IL is too true to need more than
mention that every man, woman and
child living is selfish, looking out for
himself and his own best interests. This
is the law Of self-preservation, for truly
enough, "if we do not look out for-oGr-
selves who will look out for us?' Surely
no one Will dispute this foundation
statement. Granting this, are the sell
fish interests of these two classes iden-
teal? Are the selfish interests of the
The climax. [volume] (Richmond, Madison County, Ky.) 1887-1897, 1896-10-28
Banks Are Against the People.

The classes (tbe bankers and million
aires) insist upon making it fight
against the masses. The Ledger said,
editorially, on September "a: 'They
(the silver people, are quite right in
recognizing the fact that the banks are
opposed 10 them" This is bold and
defiant admissions; in fact, a challenge
to the people.-Philadelp Item.
The climax. [volume] (Richmond, Madison County, Ky.) 1887-1897, 1896-10-28

1t viii be seen at n glance that all
these countries are rapidly increasing
their foreign trade. Since 1881 Japan
has increased her sales over $45, 500, 600;
India, $3.50, 900; Russia, S5O,64O, 900;
Belgium, So, 1921, 900, and China, SIG, $780,
COO, while in the same time, the United
States has fallen off nearly S100,000,000.
The following gold-standard coun-
tries exalted in civilization (?) show
iust the reverse:
The climax. [volume] (Richmond, Madison County, Ky.) 1887-1897, 1896-10-28
TURKEYS GOLD BONDS.
The English Capitalists Responsible 4
the Massacres In Armenia. ex

The English Capitalists Responsible for
the Massacres In Armenia. Ex9
Americans stand aghast at the mas
sacre of the Christians in Turkey, and
wonder why England allows the hor-
rible slaughter to go on unchecked.
The answer is that it is more impor-
tant, in the eyes of the English gov
crnment, that her millionaires should
get the interest on their C 550.C00,o0O
protect the Christians from the fury
of the sultan.
In corroboration of this view. we
reprint the following from the New
York Stakeholder:
TURKEYS DEBT.
'It may surprise some of our readers"
remarks the Financial Times dondon.
Eng), ito know that the total external
debt of the Ottoman empire at the end of
1885 was no less than &131 500, Geo. of which
as much as a110,00o.COo is dealt in on the
London stock exchange"
After detailing the debt our contem-
rorary expresses the opinion that the
fnanciers who have been instrumental in
ministering to the imperative necessities
of Turkey have not only done so to an
1 enormous extent, puL nave CSen very cart
fui to protect the bondholders, so far as
protection is possible In dealing with such
/ slippery customers as the Turks. by obtain
ing special hypothecations OF revenue The
| facts and figures we have given also afford
/ very obvious clew to the political situa-
| ton, and to the inertness of the powers in
| dealing with the crisis. Great Britain,
France, Germany, Austria and Italy,
amongst the great powers, have all i'm
| portant financial interests at stake; while
| Russia has free hand In that respect. and
| can, therefore. afford to take-the dictatorial
| part she is playing in this matter She
| is borrower, not lender"
| 1t viii be seen from the above state
ment that English millionaires own the
bulk of the Turkish gold bonds, and
are responsible for the massacre of the
Christians through their control Of the
English government, aud their prevent
ing just punishment OF the murderous
/ sultan.
If the gold standard is continued in
Americas our people can expect the
same iDhunan treatment as the Chris
tians are receiving ir Turkey. we will
then be nothing less than financial
slaves to Great Britain = Philadelphis
Item.