davidaulloa/AmericanStories huggingface dataset:
The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1896-08-26
THE REPUBLICAN PLATFORM.

]. Tariff, not only to furnish adequate
revenue for the necessary expenses OF tHe
government. but to protect American IA
Dor from degradation to the wage leVei
of other lands. .. Reciprocal agreements
for open markets and discriminating ou-
ties in favor of the American merchant
marine. 3. Maintenance of the existing
gold standard and opposition to free COM
age Of silver except by internauohal
agreement with the leading commercial
nations of the world. 4. Pensions ana
preferences for veterans of the Union
army. g. a firm. vigorous and dlgnihed
foreign policy. 6. The Hawaiian isiands
to be controlled by the United States; the
Nicaraguan canal to be built; naval sta
tion in the West Indies. Z. Protection or
American citizens and property In turkey.
8. Reassertion of the Monroe doctrine.
Eventual withdrawal of European powers
from this hemisphere and union OF all
EnSlish-speaking people on this continent.
.. The United States actively to use inllu-
ence to restore peace and give independ-
ence to Cuba. TO- Enlargement OF the
navy. defense of harbors and seacoasts.
IL. Exclusion OF illiterate and immoral I'M
migrants. j.. Reapproval of the civil SER
vice law 13. A free ballot and an honest
count H. Condemnation of lynchng. 10.
Approval of national arbitration. l6. Ap-
proval of a free homestead law. II. Ad-
mission of the remaining territories. rep
resentation for Alaska and abolition OF
carpct-ba federal officers. IS. sympathy
with legitimate efforts to lessen intemper-
ance. 10. sympathetic reference to "the
rights and interests of woman."-Con-
Gensed by the Times Herald
The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1896-08-26
Why ?

An embarrassing question Is asked by
ing attention to the absolute certain
t." of Bryan's election according to
the free silver orcans) and the equal
certainty" that his election will raise
the price of silver at home and broad,
to Sl.o9 per ounce in gold, it goes on to
soy:
Now, it is not the custom in finan-
cial circles in these latter days to wait,
before action for the full consummation
of a thing that is surely going to be.
Coming events cast their shadows be-
fore. Speculation reaches into future
ana tackles its chances The crop re-
ports of every month in the year affect
the markets. Wheat. cotton, corn, beef,
hog products, and all other agricultural
staples go up or down according to the
varying prospects indicated by such re-
ports. Silver Is Il commodity and sub
tect to the same conditions in the mar
kct that affect The output uf the farm
II, therefore. silver Is sure TO he worth
S1.29 per ounce next year. it ought to
hegiuto rise now. There is any amount
Of money that can be had for a good
thing at { per cent. a year; for sure
thing at q lower rate. Why is not sill
|or advancing toward its destiny?
Why is It not closing the broad gap be-
tween bullion and coinage valuations?
il it is going to be worth S1.29 when the
assured victory is won, why is it not
selling for 81 or S1l0 now? And why
has silver, instead of going up toward
its golden goal, turned tail and gone
down from 69 cents per ounce to &C
cents? No educational campaign can
be needed to teach the speculative
mind that there is profit in buying at
66 cents IL one is sure of selling year
hence at s1.29. There are speculative
minds among the silver men. Why do
they hold back? Why don't they buy
silver?"
Maybe the Scranton Times can ans
wer these Inquiries.
The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1896-08-26
THIS Is TIE SITUATION.
from the Buffalo News.

FROM tne Bul1alO news.
We have greenbacks which are intrinsic
ally worth nothing, but which in their
monetary functions are as good as gold
because the promise and resources of the
government are behind themBut the bo-
nanza kings, aided by Mr. Bryan, are do
ing all they can to dscredit the govern
ment and make these greenbacks worth
less.
We have silver dollars which are in
trinsically worth SO cents each, but which
in their monetary functions are as good
as gold, because OF the declared purpose
of the government to maintain them at
par. The bonanza kings, aided by Mr..
Bryan, are doing all they can to do away
with these silver dollars and give the peo-
pie a dollar from which the credit of the
government is entirely removed and which
will have n reduced purchasing power of
only SO cents. In other words the silver
dollar which Mr.. Bryan would give the
people could only purchase about one
half of what can be purchased by the dol
lar now in use.
The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1896-08-26
The Coins and the Law.

The following convincing statement
Of the coinage laws OF the United
States has been prepared for the Roch-
ester Post Express by the Hon. Charles
Daniels, member of congress from the
Thirty-third New York district:
''The great complaint of the advo-
Gates of the free coinage of silver has
at all times had it's source in the en-
actment of the law of February l2,
1873. BY that act the coinage unit was
changed from the silver to the gold
dollar. and the legal tender quality OF
the silve.. dollar was reduced to no
more than IS in any one payment.
The law of 1892 had made the silver
dollar the unit. 1t was then we'll fit.
ted for that end because of it's pre-
vious uniform value, and the coinage
of no other dollar had the sanction of
the law. Up to that time silver had
maintained itself as stable measure
OF value, and therefore eminently
adapted to all purposes as currency.
And as the gold dollar was not to be
coined no other course was open than
to declare the silver dollar the unit of
value. And this function was we'll
maintained by it until it began TO
give evidence Of the loss of its pre-
ceding stability The law making It
the unit of value endowed it with
no permanent right to that office but
it was subjected to the vicissitudes of
the future, as they might be produced
by subsequent events.
"The paramount object Of the law
of 1892, was the creation of a uniform
and well maintained system of coinage
fairly corresponding with the CONNER
cial value of the metals used. That
was expressed by Jefferson as the
only true theory. And there is no
reason for believing that any of his
great contemporaries entertained any
SOuNlCtiol. Ue Sllu " pS
attained was to create a currency
which would inspire the confidence sf
the people, which the preceding Is
sues of paper had wholly lost. and also
meet the requirements of foreign
trade. The constitution which had
then been SO recently adopted justified
the correctness of the conviction. For
while it had vested in congress the
power to coin money, that power was
expressly qualified with the obligation
to regulate its value. The regulation
was not SO delegated as to be in anv
sense arbitrary but like all other pow
ers enumerated it was intended to be
reasonably exercised in the adjustment
Of values. And that could not be done
otherwise than by conforming the
value of the coin to the standard of
trade and business.
THE United States had taken their
position as a commercial nation en-
titled to participate in the commerce
of the world. And it cannot be sup
posed that any power to compromise
that position was intended to be given
The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1896-08-26
WHY SILVER HAS FALLEN,
From the Philadelphia Record.

fron tHe fnliauelpnla Record.
one Of the most eminent instructors in
economies at Harvard university is Pro-
fessor II. W. Taussg. He Is an author
ity on topics related to finance. In n
letter over his signature in a recent is
sue of the Boston Transcript nc gives
some facts and figures which deserve the
attentive consideration of those who are
interested in the great monetary question
Of the day. Professor Taussig writes:
II 4 II
The decline In the price Of silver was
started by several causes. The decline
became marked in 1876, and was then due
to-
ia) A diminuton for the time being of
the demand for silver from British India.
(b) Cessation of free coinage of silver
in the Latin Uncn, and in other countries.
(c) Sales of silver Ivy the German gov
ernment.
(D Some increase in production, with
rumors of more 10 come.
but much more significant than the
why and how Of the start in the decline
Of silver is the question why silver not
only began to fall, but kept ON falling.
The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1896-08-26

George Bennett, sentimental Illinois
youth, sang "Oh, Promise Me- to Min
mic Blough. village beauty, and looked
appealingly into her eyes Minnie prom
;sed and now George has $1,000 breach
Of promise suit on his hands for hav-
ing repudiated the construction she
placed upon the song and his glances.
This should be n warning to all soloists
not to depart from the usual custom of
Keeping the eyes rolled at an angle
thirty degrees heavenward during par
,or recitals
The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1896-08-26
Free Silver in japan,

There is no Pennsylvania who does
not know Rudolph Blankenburg. of
Philadelphia. and have confidence in his
truthfulness. Mr.. Blankenburg says:
Il have Travelled all over the world. and
have spent much time in countries
where never saw a gold dollar. From
my observations in countries on a SD
yer basis can say that, as to the mode
The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1896-08-26

II may be that in twenty-five years after
we go on the silver basis silver in a silver
dollar will be worth 100 cents. This is a
very cxtravagant conceit, but, granting
it for the sake of argument what a fine
time the business of the country will have
meanwhile finding out every day from
London what its silver dollars are worth.
But suppose also for the sake Of argu-
ment, that the ratio will not grow moro
favorable, that it shall persist in its tend
ency to grow less favorable In what n
condition we shall be, having agreed to
accept for free coinage not only all our
own silver but also that of all the rest Of
the world!
The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1896-08-26

Of living and the prosperity of the peo-
pie. there is no comparison between
them and countries on a gold basis.
Take Japan, for instance. In that
country skilled workmen get 10 cents
a day. and are forced TO eat less and
poorer food than men in similar trades
in this country. Artistic workmen who
could earn $50 week here get 80 cents
day in Japan. If this is what free
silver does for the people we do not
want 1t here. If the workmen suffer
business is bound to feel it. The two
are indissolubly bound together. When
in Japan bought book which was
valued at yen, which is the Japanese
silver dollar. and contains more silver
than our own. ! asked the book dealer
If he would take American money. He
said he would, and in return for an
American silver dollar he gave me the
book and a Japanese yen. Thus had
the book and more silver than l gave,
because Japan was on a silver basis.
and, though it's yen was marked as
dollar. the purchasing power had been
reduced one-half
Business men and workmen are
afraid that the low price of labor in
Japan will seriously interfere with
American manufactures. Japan will be
able to drive us out of our own market
If Bryan is elected. as he is strong
free trader. Business men want an
honest dollar to dc business with. They
DO not want to see Canadian come
into this country with his dollar guar
anteed by the gold standard of England,
purchase a dollars worth Of goods and
get an American dollar In change for
his dollar"
They will never see this, for the simple
reason that Bryan will not win, neither
will this country ever permit its dol
lars to become cheaper than the dol
lars of any other nation. The best dol
lar on earth is none too good for the
American people.
The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1896-08-26

1t Is amusing to notice how our
Democratic contemporaries strive 70
from the tariff issue by voluminous
arguments in favor of a shoddy cur
rency. The voter who thinks, how
ever, will not forget that it was dur
ing the days of the Mckinley bill that
the wheels of industry were humming
and prosperity smiled upon the land.
No matter how plentiful money may
be in the hands of the wealthy, it will
not help the laboring man who has no
opportunity to earn it.
The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1896-08-26

what the country wants is a cam
paign of common sense rather than
lunacy. You need no Tillmans, Alt
gelds or Waites to bring on q reign
Of prosperity and happiness to the peo-
Ex-senator Cullom.
The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1896-08-26
TOLD BY THE STARS.
Daily Horoscope Drawn by Ajacchus
The Tribune AstrOiOgcr.
Astrolabe cast: 1.3S a. M, for Wednesday,
Aug. 26, 1896

n 40 sgr
w ~ sTst
A child born on this day will take little
stock in any free silver movement that
does not provide the passing around of
the dish so that all may help themselves.
Chrysanthemums and pumpkin pies are
almost due.
In the attempt to stop the Truths last
'hot grounder," 1t is feared that an error
may be made in the Times iniield.
Pennsylvania "Jeffersonian Party
organized at Philadelphia yesterday, will
doubtless be simplicity itself.
Ii Hung Chang thought Joe Chamber
lain looked funny. But. then, Ii has
never seen one of the Scranton school
controllers engaged in not debate.
There is a suspicion. after all, that Tom
Reed knows more about coinage than
either Editor Lynett or Squire Feehley.
Ajacchus Advice.
Our young friends will please not neglect
to yell when on trolley party or pleas
ure excursion Of any kind, night or day.
pleasure party that does not yell is hay
ing no pleasure,
The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1896-08-26

Congress--WILLIAM CONNELL.
COMMISSIONERS. w. ROBERTS, GILES
ROBERTS
Auditors-A. l.. KIEFER. FRED Il.
WARD.
The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1896-08-26

1t begins to look as though Tom
Platt would succeed in Guiding the
hands Of his friends in the matter of
the gubernatorial nomination.
The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1896-08-26
LEGISLATIVE.

Senate, 2ist District-COL. W. ]. SCOTT
Representative. % District--A. Il. CON
NELL; Sd District--DR n. Z.
MACKEY.
The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1896-08-26

I.ackawanna county evidently had no
desire to get in OH the ground floor
in the organization of the Jefferson
ian party" yesterday.
The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1896-08-26

And here we must face the fact of a
great and rapid increase in production.
Briefly to repeat familiar figures. the
worlds production of silver In round num-
bers was.
The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1896-08-26
COUNTY.

Congressman at = Large-GALUSHA a.
GROW, SAMUEL A. DAVENPORT.
The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1896-08-26

THE great and striking fall to the price
of silver bullion took place not immediate
ly after the decentralization of 1873 but by
a process which went on steadily and at
an accelerating rate from 1874 to the pres
ent time. The United States purchases
under the Bland-Allison act of 1878 and
the silver purchase act OF 1890, heavy
though they were, did not check the fail.
1t was unquestionably due in the main to
the extraordinary increase in production
which went on even in face of declining
prices. 1t was this increase which mainly
brought the market ratio between silver
and gold down to 81 to !, and made the sill
Wer dollar worth intrinsically only 80
cents in gold; and It is this which makes
silver now unfit for use as the basis of
the monetary system of the United
States"
The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1896-08-26
THE REPUBLICAN TICKET.
NATIONAL.
STATE.

President-WILLIAM M'KINLEY.
Vice President-GARRET A. HOBARi.
The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1896-08-26

When 1t Is taken into consideration that
gold production since 1873 has also been
largely increased the fall in silver has
still further explanation. There never be-
fore was a time since men began to search
the earth for the money metals when the
search was so abundantly rewarded. nor
when production has been so cheapened
by newly discovered processes. Had there
been a treblng of the production Of wheat,
or of iron, or OF copper. or of any other
product of our fields or our mines. unac-
companied by an increased demand, ther
would have been fall of price similar to
that which has accompanied the increased
nutturn of silver. The fact is that prices
are regulated by supply and demand, ana
not by spectators or lawmakers.
The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1896-08-26
LAWYERS.

FRANK T. OKELL. ATTORNEY-A
Law. Room s. Coal Exchange. scra
foD pa
The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1896-08-26

Loan Association will loan you money
on easier terms and pay you better on
Investment than any other association.
Call on 8. N. Calender. Dime Bark
building.
The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1896-08-26
PROFESSIONAL CARDS.

c. c. LAUBACH, SURGEON DENTIST.
No. 1l5 Wyoming avenue.
r. NJ STRATTON. OFFICE COAL EX-
change.
Birmingham state herald. (Birmingham, Ala.) 1895-1897, 1896-09-27
sewall,s Speech at Nashua.

Manchester, N. H., Sept. 26.-At Nash
ua Mr. Bryan said:
"I am glad to observe that from the in
dications there are more silver democrats
here now than there were at the time
your delegation was sent to Chicago, and
trust that on election day there will be
more advocates of free coinage even than
there are today Great applause.) Our
cause Is growing. 1t Is growing because
the people realize that there can be no
permanent prosperity in this country un-
til silver is put back where 1t was, and
enters the mints on equal terms with
gold"
Mr.. Bryan then introduced the nomi-
nee for vice president. Mr.. Sewall, who
spoke as follows:
Fellow Citizens Of New Hampshire:
The silver issue, the real contest today,
extends from Maine through the west 20
to the Pacific, and every day the senti-
ment is growing, and I believe that by
November3 1t will be declared that the
great bulk, the great majority of our
people, are in line for honest money, for
the peoples money, for money such as
our fathers used, such as they prospered
under, and without which, unless 1t
comes back there is no prosperity for
us. The gold standard Is characterized
by permanent depression and impover-
ishnsent and suffering today. end t will
20 on. It Will continue every year II you
will permit it. But you are not going to
permit It. You are going to maintain
Birmingham state herald. (Birmingham, Ala.) 1895-1897, 1896-09-27
THOSE BANK SCANDALS.
President and Cashier of the American National
Are in Prison in Default of Bail.
Other Bonds Raised.

New Orleans, Sept. 26.--The grand jury
held special session this forenoon, and
at noon came into court and presented
indictments against Henry Gardes, pres
ident, and Walter w. Girault, cashier of
the recently wrecked American National
bank
They are indicted under act 108 of the
legislature of 1884 This act makes 1t
crime for any bank officer to receive de-
posits or to contract any indebtedness
for banking institution when it Is in
solvent or in "a falling condition, and the
penalty for violating the statute Is pun
ishable by Imprisonment for not less than
five years Both men We're arrested and
were held in $4,000 bond. They could not
give the bond, and are In the parish pris-
on. >
The action of Recorder Finnlgan yes
terday in fixing the bond of President
Nichols and Cashier Deblanc of the Bank
of Commerce at only $500 has been Sc
verely denounced on all sides today. This
had the effect of causing the recorder to
reconsider his action, and he increased
the bonds to $500 each. The bonds We're
signed, as on yesterday, by Chief Justice
Francis II. Nichols of the supreme court
of Louisiana, who Is the uncle of the
bank president. The action of the chief
justice in going on the bonds has been
the subject of very unfavorable comment.
1t is remembered, however, that when
the chief justice was governor of the state
a few years ago trifies like adverse criti-
cism and the unfavorable opinion of the
public never phased General Nichols,
and they apparently concern him less
Birmingham state herald. (Birmingham, Ala.) 1895-1897, 1896-09-27
They Bow to 5000 at Haverhill.

Haverhill Mass. Sept. 26-Mr. Bry-
an arrived here on the regular p. IN.
train. The train stopped not quite three
minutes, the usual time. Both Bryan
and Sewall appeared on the platform OF
the car and bowed to the crowd of 5000.
Tribute to Jeremiah O'Sullivan.
Exeter, n. H., Sept. 26.-During short
visit to Lawrence this afternoon William
j. Bryan had luncheon and made brief
speech from the railway station.
When his special car arrived at l240
p. m. Mr.. Bryan was taken to the Essex
house with Mr.. Sewall, and a. banquet
was served there, but it had to be cur
tailed to enable the candidate to go the
city hall where speechmaking took place.
The crowd numbered between 5000 and
5000 and showed by its cheers decided
partialty for Mr.. Bryan.
to jeremiah. T. O'Sullivan of Lawrence
the young free coinage advocate. Mr.
Bryan wore his new silver tile at the
meeting and returned to the train with
it ahmed down over his ears.
The train left Lawrence for Exeter,
N. H., at 130. After leaving Lawrence,
a stop of few minutes was made by Mr.
Bryan at Haverhill too brief for a
speech. The head of the ticket and his
running mate from Maine were cheered
loudly at the station where more than
1000 people formed two separate crowds,
one on each side of the track Mr.. Bryan
and Mr.. Sewall had time only to make
few bows before the warning signal was
given and the train went ahead.
Birmingham state herald. (Birmingham, Ala.) 1895-1897, 1896-09-27
A LOWER MONEY MARKET
Indicated by the Weekly Bank Statement The
Present Surplus Is the Highest
Since August Last

New York, Sept. 26.-The New York FL
nancier says this week:
The easiness in money rates. which was
a marked fearture of the situation last
week, is sufficiently explained by the
statement of the clearing house banks
for the week ending September rs. The
actual gains in cash according to the
statement was $4.359, 800. While an ex
planation of the details which brought
about the change noted might be inter-
esting. the results foreshadowed are more
important The banks are at last begin
ming to reflect the influence of heavy gold
shipments, and this, too, in the face of
an unusually heavy crop movement,
which, without the imports of specie
would long ago have wiped out the sur
plus reserve.
AS the interior movement Is lessening,
domestic exchange at important centers
having fallen materially last week, the
only Influence is that the surplus reserve
Of the New York banks will continue to
show large gains from now on. The
government will, in few days. disburse
a large amount of interest due on all
bonds. Nearly ten millions of gold is
still in transit. and in addition there Will
be soon q return flow of money to New
York from interior cities.
This indicates lower money market,
and IL is important as IOFeSlduoWiuS al
interruption of gold imports; but on the
other hand, the loans of the New York
banks are now
Sixty six Millions.
lower than for the corresponding week
of last year, and the loans OF all other
banks have been contracted A revival
of business after election, therefore,
would require large amount of the sur
plus idle funds and strengthen the mar
ct materially. This ncw appears proba-
BILE. although the loans of the New York
banks fell off 81 .20i last week for pay
ments of obfgathions by gold importers
and certain out-of-town banks. Probable
liquidation OF loans due to the former
source kept the item as high as it has
been reported for several weeks past.
Since January last New York banks
have taken out over five millions of new
circulation, which Is doing good service
throughout the Interior but contrac-
ton will probably follow before the first
of the year. E
The present surplus of s14,216,025 is th~
highest reported since August last. 1t
is higher than reported in March, 1895,
following a bond loan, when money rates
were very much lower. ,y"-r