davidaulloa/AmericanStories huggingface dataset:
The advocate. [volume] (Topeka, Kan.) 1894-1897, 1896-02-05


OF people is perilous proceeding"
The Senator then used an extensive
extract from the pen Of John Clark Rid
path, the historian, showing conclusively
that the present market value Of the debt
is greater than it was in 1865, measured
by the peoples property. Mr.. PETER
then said:
"Within period of eighteen months
of the last two years the Treasury De-
partment issued and sold $l62,O00O00 Of
coin bonds running from ton to thirty
years, S1OO,OO0OOO at per cent. interest
and $62,OOOOOO at per cent At the
present rate of increase in the purchas-
ing power Of gold, and the consequent
diminution Of the selling price Of COM
modities which must pay these coin
debts, the bonds recently sold and those
soon to be issued will, when they are
due, cost the people twice as much as
their face value. The Sl62,OOO,OOO al
ready sold, with the $l0O,OO0,OOO soon to
be sold, will cost the people fully twice
their face, or 1924, ZOO, 900, when they fall
due, besides the interest, which is to DO
paid in coin quarterly. The interest
alone, if compounded as paid, would pay
the principal long before the last of these
bonds falls due.
"But, sir, bad as this showing is for the
people, now approach a feature of the
situation that is alarming as we'll as bur
densome, because it reaches vital parts
and concerns the integrity of our public
men and threatens the permanency Of
republican institutions. I refer to the
issuance and sale of government bonds
without express authority of Congress.
This point is sometimes made by object
ors limiting it's application to bonds
issued in times of peace. But if an ex-
ecutive officer may bond the people and
mortgage their property without their
authority in time Of war, no may do it in
time Of peace. That is for Congress
alone to do or not to do, as that body
may determine When we reach time
that public men may with impunity set
themselves above the law popular gov
eminent has ceased.
at is, Of course, claimed that these
late bond sales have at least the color Of
authority. But it must not be forgotten
that their legality has been questioned
in this body, as we'll as in the House Of
Representatives. On the day after the
first of the last three issues was pro-
posed, offered resolution, giving it as
the sense Of the Senate that the Secre-
tary OF the Treasury had no legal war
rant for his proceeding, and the next day
/ argued the proposition before the SEN
ate. A few days later, the then junior
Senator from Nebraska [ Mr.. Allenl dis
cussed the subject, taking the same po-
sition that had taken"
The Senator then stated that on Jan
uary Is, 1894, he offered another resolu-
ton setting forth that the Secretary had
no authority to issue or sell bonds and
that few days later he had offered a
resolution instructing the Finance COM
mittee to report bill repeating any law
giving the Secretary Of the Treasury su-
thority to issue bonds and prohibiting
any further issue. Still later he intro
duced a resolution directing the Judi
oiary committee to ascertain whether the
The advocate. [volume] (Topeka, Kan.) 1894-1897, 1896-02-05


Gall Of this, except the greenbacks, be-
sides some 1925, 100000 funded during
the war period, was put into bonds bear
ing interest at from 5 to per cent. The
bonded debt June 80, 1869, included
nearly all the notes that had been issued,
except the greenbscks. And these bonds
were purchased at an average of about
60 cents on the dollar. By the refunding
act Of 1870 Congress authorized the
funding of the national debt into bonds
Of three classes: The first class to run
ten years, at per cent; the second class
to run fifteen years, at AZ per cent; the
third class to run thirty years, at per
cent. These new bonds were all to be
coin bonds. Up to that time more than
two thousand million dollars worth of
our bonds had been purchased for about
twelve hundred million dollars in paper
money. They were exchanged for their
face value in coin bonds. In the mean
time the paper dollar had advanced rap
idly toward par with gold.
Besides the profit Of $800,00O,0OO in
the purchase of the bonds and the addi-
tionsl profit coming from the advance in
the coin value Of paper money, in 1873
Congress changed the basis Of our money
from silver to gold and stopped the coin
age Of full lawful tender silver coin.
From that time forward, the officers of
the Treasury Department construed the
word coin to mean gold coin in all
cases where the government had to pay
out money, except only when silver was
demanded. Two years later, by the re-
sumption act Of 1875, Congress made
provision for resuming specie payment
on the 1st day Of January, 1879, and au-
thorized the Secretary Of the Treasury
to sell bonds for coin enough to redeem
the United States notes greenbacks.
"Before the day Of resumption was
reached our paper money was at par and
was received the same as coin in pay ment
of interest on the public debt and for
customs dues. These proceedings 30
greatly enhanced the market value of
the bonds we had sold that the national
banks found it more profitable to sell
their bonds for the premium offt red than
to keep them as basis Of bank note cir
culation. From 1882 to 1890 the bank
notes retired and Cancelled amounted to
upward of $4,000, 900, which released
about $255,00000O in bonds. And from
1879 to 1891 the amount Of premium paid
by the government on bonds which were
not due amounted to little over $780,
100000, while during the same period a
yearly average Of upward Of $18,000,00O
Of public moneys was allowed to be used
by national banks without interest. Be-
sides all this, during the same years in
terest on bonds not due was advanced,
ranging from one month to nine months
and more, amounting in the aggregate to
something more than $66,OO0,O00.
sand this is not all. By the practical
demonstration of silver the value-that
is to say, the purchasing power-of gold
has steadily and rapidly increased I'd
such an extent that that alone has had
the effect to increase the value of all So
curities payable in coin, at the same
time deprecisting the selling price Of
property, out Of the proceeds of which
all the peoples debts must be paid. The
The advocate. [volume] (Topeka, Kan.) 1894-1897, 1896-02-05


win.
"While, as an original proposition, il
we were about to establish a monetary
system, we would not probably favor the
use Of metal to represent values of all
other kinds Of property, we take things
as we find them and make the most we
can out Of existing conditions We find
that from early times the precious metals
have been used for monetary purposes,
and we see that the people Of every civ
ilized nation do now 80 use silver and
gold and copper. We take note of pres
emit financial methods, and we know full
well that the only present practical thing
to do in our fiscal policy is to first restore
our old coinage laws, SO as to increase
the volume of circulating money, and
provide coin for the payment Of our coin
debts, and then require officers to obey
and execute the laws.
"Mr. President, l shall first consider
the first part Of the Butler amendment
the bond question.
~ am not only opposed to any further
issue and sale Of bonds, but am of opin-
ion that there was no warrant in law,
and no justification even if there had
been such warrant, for either of the late
sales. When / consider the havoc
wrought by prior bond sales I dread the
very thought Of what must surely follow
in the wake Of this destructive operation.
And believing that there is neither need
nor lawful authority for further issues, l
cannot but regard further transactions
Of that character as equal to great public
crimes.
"Bonding a people is perilous pro-
ceedlng.
ave have paid nearly Is per cent. Of
our debt as it was computed to be at the
close Of the great war Of ls61-1S65. We
have paid more in the way Of interest
than Of principal. OF principal and in
terest the total paid up to June 80, 1893,
was
On principal. ................ $i,9l4,469 Oo6 68
In interest. ACKNOWLEDGEMENTS. 2S54I6l2,8705O
Tossl........,.................S4,76O O74,s661s
4 n Il r X
"But our business has been so done
that our means Of payment have been
impaired fully so per cent. since the debt
was incurred. This Impairment is shown
in the fact that, taking q large number
Of articles produced by the farmers,
tradesmen and manufacturers OF the
country-artlcles from the profits on the
production OF which come the means for
PAYMENT would require as much
property in bushels, in number, in
pounds and yards to pay what is yet un-
paid Of our public debt, as would have
been required to pay the whole debt in
the beginning at the prices then ruling.
"In passing, will mention q matter
which just comes into my mind. From
reports made by the Secretary of Agri-
culture it appears that the acreage Of
wheat, corn, oats, rye, barley and buck
wheat in 1887 was about $4,000, 600 less
than the aggregate value Of the same
crops in 1867, twenty years before,
though the acreage and production were
twice as great.
"Twice as many bushels In 1887 as in
1867; more than twice as many acres
cultivated, but the value of the crop is
nearly sSO,OOO,OOO less.
The advocate. [volume] (Topeka, Kan.) 1894-1897, 1896-02-05

BANKS suspended specie payment
December, 1861. That of course forced
the government to suspend, and early in
1862 Congress authorized the issue of
notes to circulate as money. Repeated
issues were made from time to time, and
when the war ended the notes of differ
emit classes which had been issued spe.
cially FOR currency and as a sort Of
security currency, ell Of which had to
The record-union., 1896-01-30
ADJUSTMENTS.

( The engagement of Louis James, the
tragedian, begins at the Metropolitan
Theater this evening, the opening play
being Hamlet" Mr.. James is an old
favorite in Sacramento, he has often
been seen here in partnership with
Frederick Warde, and has won host
of friends already by his artistic meth
DDS, but when tomorrow evening he
steps upon the stage in the character of
the Prince of Denmark, it will be his
first appearance here as a lone star at
the head of his own company Mr.
James fitness and ability to occupy
such position has passed from con-
lecture into certainty. Whatever doubts
may have existed in the public mind
was settled by the ovation which he re-
ceived at the close of his first perform
ance in San Francisco, when after ap-
plause, which lasted for several minutes
he was Obliged to come forward and ad-
dress the, audience in his own proper
person. In choosing Hamlet" for his
opening bill Mr.. James has been in
fiuenced, he says, by the fact that he
has never appeared in that character
in this city. His conception of the part
differs, we are told by the San Fran
that have gone before, in that it is more
of flesh and blood creation. He takes
the lines Of Shakespeare as they are in
the play and gives them natural rem
dition, without straining to discover
new meanings hidden in the text. After
all, is not this the right method. to
read the lines naturally, clothe the play
with all the necessary effects of stage
rj14rlt ,l.,4,. Il
be to the time of historic action and
leave the audience to judge of the mean
ing, the thought and purpose of the
immortal bard? During Mr.. James en-
gagement, which is for four perform
ances, commencing tonight, he will also
play Macbeth" and "Othello," on Fri
day and Saturday nights in the order
named. AT the Saturday matinee a
special performance of Romeo and
Juliet viii be given for ladies and
children especially. Mr.. James will play
Mercutio. Wagenbols and Kemper. Mr..
James managers, say that they have
given their star scenic equipment
worthy of his ability and that all that
handsome scenery and well balanced
company can do to enhance the value
of the productions is properly cared for.
Nearly all the many people called to
Mr.. James support have been seen here
and are favorites; certainly the leaders.
such as Mr.. Lindsey, enjoy the full favor
Of Sacramento theater- -goers. This en-
gagement is the first extended Shake
spearean one for many years in Sacra-
Tnento. For once we are to have the
highest form Of the legitimate for sew
era1 consecutive nights. We are to have
Shakespearean text in purity, with ac-
ton and stage illusion such as serve to
most deeply impress US with the mas
terly genius Of the greatest Of dra-
matists and most marvellous of phiioso-
piers. It is sincerely to be hoped that
there viii be made manifest such ap-
probation of this Shakespearean season
as win make the actors realize that they
are in an atmosphere Of sympathy and
intelligence. and thus enhance the
beauty. power and success of their work
Full houses on Shakespearean nights
are rare stimuIants to sensitive artists
and wonderful helps to conscientious
The record-union., 1896-01-30
THIRD BRIGADE.
General Muller's Order to the Conn
panfes to ''Braee Up"

General Muller's Order to the Com
panies to ''Brace Up.'
The following order was issued by
Brigadier- General Muller of the Third
Brigade, under date of the 25th:
l. The Third Brigade is hereby or
dered to hold itself in readiness to re
spond to an emergency call.
2. Upon receipt of telegraphic orders
to that effect, all troops will, under this
order, immediately assemble in their re-
spectiye armories in fatigue uniform
and in light marching order.
3. At points where two or more COM
panies are located they will form as a
battalion. All troops will Immediately
after forming be thoroughly inspected
by the officer in command and there
after be dismissed.
f. Full reports of attendance and in
spection will be forwarded to these
headquarters Immediately afterward
by the respective officers commanding.
g. Staff officers and non commits
stoned officers, Third Brigade staff, viii
report at the armory nearest their place
Of residence, and will be reported on
the roll as present by the officer in COM
mand of the troops.
By command of Brigadier- General NJ.
w. Muller.
THEO. J. HAY,
Lieutenant Colonel and Acting As
sistant Adjutant- General, Third Bri-
gade, n. G. G.
The record-union., 1896-01-30

were standing quietly at the side of the
room, and Marty and two other men
helped throw them out also. Marty and
zangerle then got to quarreling. One
of the young men attempted to come
back, and Steiner began to rage and
said he was getting mad and would
clean out the room
F. M. Storer left the dance with the
Hilberts at ten minutes past and all
was quiet. When they had gone a
short distance the row attracted their
attention and they went back. They
saw Ripley come out, and then Hurley
was thrown out, and seven or eight men
kept hold Of him till he got to the cen
ter of the sidewalk. After the first shot
was fired he saw several men on the
sidewalk. After the third shot was
fred he saw KIass go away from Hur-
ley. Men were standing in the saloon
door also. About fifteen men came out
of the door after Hurley, and when they
let go Of him he staggered to the edge
of the sidewalk
Stenographer Brier read the deposi-
ton of Joe Hediger, who was shot in
the leg. He stated that he had nothing
to do with putting Hurley out, and was
standing about two feet inside the sa-
loon door when shot
This closed the testimony.
The jury brought in a verdict that
deceased came to his death by gun
shot wound from a pistol in the hands
OF John Hurley, and further, that in
their opinion the shot was fired in self
defense.
The jury was composed as follows:
H Clay Chapman sign painter; c. M.
Campbell, furniture dealer; John Laf-
ferty, livery stable Keeper; A. Meister,
carriage manufacturer; r. A. Ebel. nur-
seryman John hatcher, capitalist;
James McCaw, wood and coal dealer;
W. F. Purnell, stationer; T. A. Lauder,
carriages.
The record-union., 1896-01-30
PERSONAL MENTION.

w. F. Knox returned from the bay
yesterday.
Miss Kaseburg of Roseville was here
yesterday.
Miss Ida C. Phelps is visiting rela-
tives in Gait.
William MulIeney went to San Fran
cisco yesterday
E. ]. Lynch of Walsh Station was in
the city yesterday.
Mrs. Hawk. mother of E. L. Hawk,
was quite i'll yesterday.
Ex-senator r. B. Carpenter came up
from San Francisco last night.
H. E. Picket of the Grand Victory
mine at Placerville is in the city.
S. Wasserman of the NonpareiI re-
turned from San Francisco yesterday.
Bruce Knott, Justice of the Peace of
Isleton, was here on business yester-
day.
J. NJ. C. Jasper, the Wheatland bank
er, was in town yesterday on a short
visit
Mrs. w. S. Leake will be "at home"
to her friends on Wednesday next, Feb
ruary 9TH.
Attorneys L. r. Hatfield and H. M.
I.aRue, Jr,. spent yesterday in San
Francisco.
Frank H. Howell and Will Jones, two
prominent fruit growers of Isleton. are
here for few days.
James F. Robinson Of Grass Valley
was in the city for a few hours yester-
day en- route 60 San Francisco.
L. Strening. w. r. Knights, Sr., John
Ing, Jr., and w. H. Devlin were among
the passengers to the bay yesterday
afternoon.
J. Reith, Jr., of Davisville was in
town on business and left yesterday
with his wife and child for his new
home in Davisville
President Colnon Of the Harbor Com
mission is expected here to-day to
hurry UP the Board of Examiners to de-
eide to do something in regard to the
ferry depot at San Francisco.
r. A. Rose, formerly of this city. but
now living at Oakland, and represent
ing the Gamewell Fire Alarm Telegraph
Company, was in the city yesterday.
consulting with the Mayor and Trus-
tees in regard to the introduction of
the Gamewell police signal system,
which has proven such a success in
other cities.
The record-union., 1896-01-30
AUCTIONS.
WIND AND WATER.
A Lively Norther Ruffies the Sea in
the Yolo Basin.


The Weather Bureau reports show
the highest and lowest temperatures
yesterday to have been sc degrees and
10 degrees, with hign northerly winds
and clear weather prevailing.
The barometrical readings at a. m.
and p. m. were 29.95 and 29.9S inches,
respectively.
The highest and lowest temperatures
one year ago yesterday were 81 degrees
and 81 degrees, and one year ago to-
day 81 degrees and 81 degrees.
The river at S a. m. yesterday was
% feet 5 inches, and D. m. 1t was Is
feet inches. The slight rise was due
to the high northerly winds blowing
the water in from the Yolo basin.
No reports were received of further
injury to the island levees down the
river, and it was stated that the back"
water in the tules was falling slowly.
Once during the day and again last
night word was brought over from
Washington that the Yolo levee at the
Herget ranch, about a mile I'D the
river, had broken and that the village
was certain to be inundated.
There was no truth in these rumors.
There is a very weak spot in the levee
al the Herget place, and if the north
wind had blown stiff gale, as it often
does, it might not have been possible
to prevent break, but it was prevent
ed, and Mr. Todhunter assured a Rec
ord-Union' reporter last night that the
levee would be saved if the wind did not
come up much stronger
West of Washington, where the
north wind had a clear sweep across
the big inland sea, the water was at
times dashed over the railroad grade.
but trains passed and repassed on regu-
lar time.
The record-union., 1896-01-30
The Secret

OF perfection lies IN proper
selection. In shoes Good
year Welts have been Sc
lected as the most perfecs
made. No tacks, no hard
seams, nothing to hurt.
Goodyear Welts are leather shoes, not rnb-
Der.
GOODYEAR SHOE MACH'Y CO.. BOSTON
The record-union., 1896-01-30

At the present time the Bank Of
France has in its Golfers not only the
largest stock of gold and silver in the
world, but also an amount that has
never been paralle1ed in the history of
finance. The figures are colossal and
stated. as they are. in francs. they are
beyond the grasp of the average mind
The total is 100000. 600. Of which
$41O.O00.0O0 is in gold.
The record-union., 1896-01-30

George Osbourne, having sold out his
interest in the Dixie Company, is pre-
sently to come to the Clunie Opera
house in this city under engagement 70
Manager HalIett.
The record-union., 1896-01-30

How on earth is it, if cold contracts,
that a man with one in his head mag
his Uranium is as big as a house2
The record-union., 1896-01-30

Mortimer Snow has been engaged as
a leading manager for the Hallett Stock
Company ait the Clunie Opera-house,
The record-union., 1896-01-30

Belle Archer has retired from the
Frawley Company that is to come here
soon. There has been added to the
troupe however, Maude Morrell of Oak
land, a successful amateur who now
graduates into the profession.
The record-union., 1896-01-30

John A Sutter bourbon whisky 81 a
bottle. B. X. Bloch & Co., sole con-
trollers.
The record-union., 1896-01-30
ADJUSTMENTS.
c1UN1R OPERA HOUSE.

Week Commencing January 27, 1896.
The Eldridge- -HalIett Stock Company in the
beautiful mountain ldyl
FERN, THE WAIF,
In conjunction with the Famous Musical
Grotesques, the BROTHERS DELTORELLO,
direct from the Orpheum, San Francisco.
Popular Prices IOc. zoe and soc.
The record-union., 1896-01-30
SPECIAL NOTICES

Vehicles-Baker & HamiIton-Hardyare
Carts, Buggies, Carriages, Phaetons, Balm
Farm and Header Wagons, Wholesale
Hardware. Send for catalogue.
The record-union., 1896-01-30

T. B. REID, dentist, Masonic Temple.
Sixth and K streets. Office hours to 8
The record-union., 1896-01-30

"sFern, the Waif' will be repeated at
the CIunie Opera house this evening.
Miss Bridger has now thrown more of
abandon and injected more of vigor
into her personation of Fern, and as
result it is now about faultless and
altogether a charming character
The record-union., 1896-01-30

John A. Sutter rye whisky, 81 abottle.
B. K. Bloch & Co, sole controllers.
THE WEEKLY UNION - THE BEST
weekly on the coast.
The record-union., 1896-01-30

THE FOUNTAIN, 516 K, has the bess
clam juice, chowder and steam beer can
The record-union., 1896-01-30

actors; conversely. a thinly settled
auditorium will chill the most earnest
and artistic production of the works of
ssthe master"
The record-union., 1896-01-30

MILLER BROS, 1116 J street, carry
full line of oil heaters.
The record-union., 1896-01-30

SEE HoDsON's s5c Portraits, SIS K St
The Kootenai herald. [volume] (Kootenai, Idaho) 1891-1904, 1896-02-15
/ MONTANA THIEF IS NABsED

: ole Diamonds in philipshurg and
Nenr TO portland.
John Boyd, who claims to be hack
driver who arrived in Portland Monday
evening from Phillipsburg, Mont, is
now in custody at the central police sta
ton. under arrest for robbery commit
ted before leaving his Montana home,
says the Oregonian.
Boyd is charged with stealing several
diamond rings, valued at $780, and a
gold locket and chain. Sheriff l.. c.
Johnson, learning the probable direc-
ton taken by Boyd on leaving Phillips
burg, wired to Chief Mimic a full de-
scription of the fugitive and the stolen
property. Yesterday Boyd was about
the city trying to dispose of the dia-
monds, and the pawnshops were Sc
lected by him as a good place to get rid
Of his plumber, without having too many
| questions asked him concerning it.
While so employed, Detectives Griffin
and Holsapple spotted the man they
and others of members of the detective
force were seeking, and he was prompt
! ly put under arrest
| At the central station, the diamonds
were found on the prisoner, but he had
| disposed of the locket and chain. Boyd
was considerably disconnected over his
arrest, and does not talk much. He had
no money on his person when searched
at the station, and said he expected he
would have to go back and face the
music. Chief Mimic yesterday received
a telegram from Sheriff Johnson that an
| officer would leave Helena tomorrow
with the necessary requisition papers to
| take Boyd back to Phillipsburg.