The Holt County sentinel., 1896-10-09

The Republican campaign in this sec
tion OF loyal and Grand Old Holt county
is not tagging. There Is 10 ounces of
enthusiasm on the part Of Republicans
to l grain OF zeal on the part OF the
Popocra,s. The meeting Friday eye
ming last WAS a magnificent demonstra-
ton. The court house WAS packed 10
the doors with a cheering, shouting,
audience which punctnred Judge Ran
dolph's brilliant address with frequent
applause.
The court house had been handsomely
decorated by Messrs. Ware and Brown,
superIntended by Miss Bonnie Brodbeck,
and the blending of the national colors,
golden rod, beautiful flowers, presented
a strikingly pleasing appearance.
The Mckinley club OF this city ope ned
up the program with a brilliant torch
light procession, 1G0 torches and loo
illuminated umbrellas being in line. and
headed by the cornet band made their
initial pal ade OK the campaign, and since
our long residence We have never wit
messed n more brilliant affair. The
parade was in command Of Capt. Joe Ii.
Graham, commander of the parade divis
ION of the Oregon Mckinley League
club.
Excellent music was furnished by the
Mound City glee club, and is composed
OF the following well known singers: h.
A. Welty. Hugh Montgomery, NJ. f.
Bickham, E. E. King, Tom Evans, W.
r. Smith, j. B. Denny, and j. III. Pun
shon. The singing was all that could be
desired, and the club maintained its
we'll earned reputation. The club is com
posed of representative business men of
that city, who feel it their patriotic duty
to do what they can to help defeat the
party OF reputation.
On the closing of the parade, the
speaker and the glee club we're escorted
In to the court room, preceded by two
beautiful stands OF colors, carried by A.
c. Ware and Judge Alklre, President
Davis Of the club, and Mr.. Randolph
and the glee club, and the reception
committee, Judge O'Fallon, r. G. Dun
gan and Robert Montgomery.
The meeting was opened by couple
OF songs from the Mound City glee club,
when President DAVIS in a very neat
speech introduced the speaker OF the
evening.
The speaker prefaced his remarks by
thanking the chair for the fiattsring in
PRODUCTION and at once opened up upon
a clear, concise, and philosophical anal
ysis of the Demulist's platform as
adopted at Chicago. and showed its an-
archlstic and rev olutionary tendencies.
He claimed that the Issues raised in this
campaign were not raised by the Demo-
Gratis who stall follow the old principles
of the party, but by those who captIr
hn II,
Tillman & Co, and as result: we see
Tillman with his pitchfork stirring up
the doctrine OF state rights, with the
our courts and OF President Cleveland,
government.
He dwelt at length upon the financial
and tariff questions, the crime of 1873,
and gave an exhaustive and convincing
argument in favor OF the principles of
the Republican party. He condemned
this disposition on the part OF the speak
ers for the Popocracy in arraigulng class
against class; section against section.
Mr.. Randolph had hardly begun in his
speech, when Mr.. Montgomery shouted
that the meeting was an oyer flowing
ONT and there we're about twice as many
outside, who were hungry for Repubii
can truths. Judges O'Fallon and Alkire
were called into use, and they we're soon
reinforced by ID. w. Porter, of Mound
City.
Continuing Judge Randolph reminded
his hearers that the attacks upon the
bankers and men of wealth, was as
contemplate as it was rsrnicious. Men
who sell their labor must have some one
to pay them for it; without men of
wealth, We would have no large manu-
featuring establishments and various
large business interests. The Judge
gave an exhaustive review of the nation
al banking system, and condemned this
hue and cry that was going up against
these institutions. He cited the fact
that il bank desires 10 issue 100000 in
circulation it must purchase 100000
worth of bonds to deposit in the treasury
at Washington. These bonds always
sell at premium. Suppose the bank
purchased 100000 at a premium of Sl3.-
SO on each 500. The purchase price
would be Sll3.350. That would be the
banks first Investment. If in-
stead Of buying bonds, the bank
could keep the S1l3.500 and loan
it at 6 per cent. if would earn $3.50
year. That much interest is therefore
lost. In return, however, the bank gets
from the government per cent interest
on the bonds, or $1,000 a year. Still,
the loss on the bond purchase rs $3.50
year. But the bank can loan the go.
600 in notes which it gets on the bonds,
and at 6 per cent. that amount of money
would earn S5,400. Deducting from that
amount the sum OF $3.50 lost on tie
bonds, the apparent profit of $3.50 ie
left. The bank must, however, pay
tax OF l per cent. on its circulation,
which amounts to 900 year. There is
also 800 year for expense Of redemp-
tion, etc, and a certain sum is set aside
each year for a sinking fund to retire
the premium on the bon!s which, i'm
proyed at 6 per cent. amounts to St;95.
These three items aggregate sl,G95 a
year. Deducting that from the appar
ent profits Of $3.50, the net annual prof
its are shown to be but SS25. Not such
u large profit when responsibility and
capital invested is considered. Judge
Randolph is to be congratulated on his
finished, scholarly and convincing speech.
and the Republicans of this section ap-
preciate his efforts in the highest degree.
and trust he may be triumphantly elec-
ted TO the circuit Iudgshlp OF buchanan
county.
At Richville
Saturday afternoon was huge after
noon for the people of patriotic Noda-
way township. Never before has such
a crowd assembled at the Richville
school house, on the occasion OF a polit
ical event. No excursions we're run,
reduced rates were scarcely thought of,
and no Inducements had been held out
for visitors from distance. Rut they
came from Lewis. Forest, Forbes and
Hickory townships. The crowd present
was composed of representative citizens,
representing the producing element of
the population. They had come to reg
gister their protest against anarchy, re-
pudiation and free trade, and to extend
their cordial greeting and welcome to the
Hon. Geo. G. CrGwther. the Republi-
can candidate for congress. They also
had arranged for erecting Mckinley