davidaulloa/AmericanStories huggingface dataset:
The daily morning journal and courier., 1896-01-14
THE COED REsERYE,

Washington Jan, 1S-Secretary Car ltsle to-day sent to the senate his reply to resolution adopted orl January 3, asking eff the sum of $lOO,OooOOo or any part thereof has at any time since the establishment of the so-called gold re- serve, been actually segregated or set apart from the othsrcuyreney or money in the treasury department, in gold coin or gold ccin anSa gold certificates, or either for the redemption of the legal tender notes and different forms | of paper money of the government" also when and how the gold reserve was established.
 The secretary says "The senate is respectfully informed that at no time since the establishment of the Eo-called gold reserve has the gum of $100000,000, or any other sum, beeE aggregated or set apart from the general cash in the treasury, for the redemption of the legal tender notes of the United States, or for the redemption of any other form | of paper money for which the United States is liable, There is mop revision of law requiring a separate fund or separate account to be kept, and all moneys received into the treasury, from whatever KJurce, are deposited in the general calsh.
 "rhe fund for the redemption of unIted States notes was accumulated under authority of the act of January l4, 1875, which directed the secretary of the treasury to prepare and pro vide for such redemption on January l, 1879, No specific sum was prescribed, but the secretary of the treasury was authorized to use the surplus revenues from time to time and to sell certain descriptions of bondl; to an eXtent nec- essary to carry the act into full ef- feet.
 Tn the exercise of this discretion thus conferred upon him, the secretary sold for redemption purposes in 1877 and 1878 United States per cent. and 41a per cent bonds to the amount of $955OO,00O and deposited the proceeds. $s6O00,000 in gold, in the general cash in the treasury. This with other gold which had been received as surplus revenues, constituted the fund prepar- ed and provided by the secretary of tihetreasury forithe redemption directed in the act of January 14, 1875.
 The existence of the reserve fund was generally recognized from the time of ills establishment as above stated. and one of the measures adopted by the secretary of the treasury to pre- vent its unnecessary depletion was the dfscontinuanee of the issue of the g1dd certificates authorized by the act of March 5, S63 This act authorized, but did not direct, such issue
 | Some inconvenience resulted from this discontlnuance, and by section 12 of the bank act of July F, 1882, the sec retary was alfthorized and directed to receive deposits of gold coin and bull
 don, and to iss5l1a certificates therefor but it was provided that the secre- tary of the treasury shall suspend the issue of such gold certificates whenever the amount of gold coin and gold bui- lion in the treasury reserved for the redemption of United States notes, falls below one hundred millions of doa- lars' No other reference to the reserve fund is contained tnl the lawls of the | United States
 | (SigneD "J. G. CARLISLE, Secretary"
The daily morning journal and courier., 1896-01-14
i nnual Deli Show.

The annual doll show of the Malley, Nicely & Co.,, began yesterday morning in the tastily arranged booth on the sec ond floor of the store of the company.
 There are about 150 dolls entered by children of the city. Every person en- tering doll will receive a souvenir and picture of the entire doll exhibit.
 The dolls include every style, sort, size, material and character. Some are new and one is thirty-five years old. The character dolls are very pretty. They include the Duchess of MarI- borough, Little Red Riding Hood, Train ed Nurses, the Old Leather Man, Gret- ckens, Scotch Lassies and several other persons ges.
 The dolls are pretty arranged by Miss Hattie Street, and variety of palms dispersed among them make the booth very attractive The judges are rot an nounced. The exhibition is under the supervision of J. P Dickinson.
The daily morning journal and courier., 1896-01-14
Mmdertakers.
E R. JEEEcQTT

A NNoUNCES te the public that ali of nis A Painting and Decorating business will be carried on hereafter at and from No. 12 Church street, where he will be pleased with his decorative salesman) to show the finest Decorations and Wall Papers as yet shown to the public, also neat designs and edects in cheapest Wall Papers.
 Between Chapel street and Public Library.
 Telephone s54-6. ,alJ tf
The daily morning journal and courier., 1896-01-14
UTOPIA cLun nANoE
In Town Hall, West Haven, Tomorrow
 Night.

Night.
 The Utopia club, composed of mem- bers of the West Side club, will give an informal dance in the town hall, West Haven, Wednesday night, Janu- ary 22. Adler's orchestra will furnish music for the dancing. The affair will continue from until 12 o'clock. Cars will be in readiness to take the people to the city. The tickets are thirty five cents and can be had of the following committee: J. Martin Bauer, chair man; William Powell, Edward Hopkins, William IL. Rehbein, William Coote and Roland M. Greenwood.
The daily morning journal and courier., 1896-01-14
General Harrison's Visit.

Last evenings New York Sun says General Harrison wasn't any more com municative about his alleged marital plans this morning than ever
 He called upon Mrs. Dimmick, his supposed ffance. this morning and re mafned an hour ct her home.
The daily morning journal and courier., 1896-01-14
Kalistn Dancing Club.

The Kalisto dancing club will give a fancy dress reception in Veru hall next Friday evening. Invitations for the af- fair may be had from Miss Katherine Laronl.
The daily morning journal and courier., 1896-01-14
OK. Social C,ub.

The o. K. Social club will on We'd nesday evening, February 12. celebrate their ninth grand annual ball at Arion hall The affair promises to be a grand success.
The Neihart herald. [volume] (Neihart, Mont.) 1890-1901, 1896-10-24

Doy, ana after IooAing at ,II.In no s1c.
down the files and looked at the market
reports. He saw some strange things,
and here are some of thSn:
One of the pretty pictures told how
much the honey producers have lost be-
cause the conditions of 1Ss9-92 have
been done away with. But how about
that? On Nov. s, 1888. just a year be-
fore the beginning of the "good old
times Of lSs9-92. honey was quoted
on the Omaha market at II cents. After
the good old tines had been getting
III their work for a while honey began
to climb down. On Nov. 8, 1892, it
was quoted on the Omaha market at 10
cents. This was a decline of ii per cent
during those good old tines the Re-
publican party gave us.
Then a pretty picture of a steam
t~hrasher, six shocks Of wheat and a
straw stack was examined and the
markets looked up. On Nov. s, 1888,
just a year before those ''good old times
of 1eS9-92" dawned upon us, wheat
was quoted on the Chicago market at
s1.15. But along came those ''good old
times of 1SS9-92" and wheat took a
tumble until on Nov. s., 1892, it was
quo:ed OF the Chicago market at II
cents. ''Those good old times of 1882
92' saw a slump of SO per cent in the
price of wheat, and there are some peo-
pie wondering what kind of a chump is
Engaged around the Republican head
quarters to deal out those pretty pictures.
Another picture was that of a big, fat
hen lying on a platter all ready to be
carved and eaten, and the legend be-
meath it told of how the price of it had
been reduced by knocking out "those
good old times of 1SS9-92." But the
market reports say that the picture tells
a lie. On Nov. S, 1858. just enc year
before the dawning of those ''good old
times Of 1o69-92," country butter was
quoted at IS cent on the Omaha mar
ket. But along came those :'good old
times of 1SS9-92" and took q smash at
the innocent cow and long suffering
patent churn. And ON Nov. S, 1899,
right in the middle Of those ''good old
times, country butter was quoted at 10
cents. This was a slump Of 16 per cent
In its efforts to secure the vote of the
producing classes the Republican cam
paign committee should first engage the
services of an ablebodied man with a
blue pencil.-Oniaha WOrld-Herald.
The Neihart herald. [volume] (Neihart, Mont.) 1890-1901, 1896-10-24

They say VIC could not trade with
England if we used Il cheap silver dol
lar. We had il cheap greenback dollar
from. 1865 to 1875, and we seemed to
have nc difficulty III trading with her
then, and neither Mexico nor Japan has
amy difficulty i'll trading with her now.
But we are told that we must pay our
debts i'll gold to maintain Il credit.
Nations, like individuals, should do
right and maintain their self respect.
Their credit will then take care of it.
self. The sole object of a statesman
should be to cultivate the virtue and
prosperity of the people. Credit will
follow. The statesman who drops to the
lower plane of honesty as a mere policy
of starving the people to tickle the
avarice of money lenders has about
reached the lowest round of the lad
der. Although paying gold may starve
the people and although our bonds dc
not call for gold, still Mr.. Cleveland
and Mr.. Mckinley say it is better to
pay gold, since otherwise Rothschild
may get mad and refuse TO lend u any
more money.--W. $. Mccain.
The Neihart herald. [volume] (Neihart, Mont.) 1890-1901, 1896-10-24
SUICIDE,
That Is What the Denial of the Leca.
Tender Privilege to Silver Means.

render privilege to silver Means.
European nations refuse to silver the
coinage privileges that are given to gold
ard refuse to make it full legal tender
money. By this means they depress the
price of silver bullion. which those
countries produce i'll small quantities
and must have in large quantities. Ii is
an immense speculation they thus make
out of silver producing countries. They
use American silver at depressed prices,
and we are foolish enough to let them
fix their own price upon it. If those
countries would coin silver on equal
terms with gold and would give to those
coins full legal tender POWER, no one
will BE found TO deny that this would
raise the bullion value of silver, at the
ratio Of Is to / Or at any other ratio,
to equality with gold. Even without
this our own experience demonstrated
that Hcr 81 years We kept silver bullion
above the par Of gold at 16 to /, al
though Great Britain during 81 years of
that period, beginning in 1916, had re-
fused free coinage and full legal tender
value to silver. She could never depress
tie commercial value Of our silver un-
tt, in 1873, she got our consent to deny
to it coinage at our minis as full legal
tender money. When we did that, its
commercial value sank TO the level of
the demand for silver for use in the arts
ard for a limited coinage to supply Eu-
rope with subsidiary coins. So our
financial foxes cut off their tails to keep
up with the British fashions.
By this process of legislative suicide
we degraded silver from its natural
function as a money metal and did all
we could to make it Cheap" ''un-
sound" and '~'djslhonest' money. Did it
have the effect Of putin. the Gresham
law i.to operation and OF causing this
cheap and degraded money to drive out
gold from circulation? 1t did net. On
the contrary, the standard silver dollars
that were in circulation when they
were delnonetiZed continued to circu-
late at par with gold upon the mere
supposition Of the people that their
legal tender power remained, notwith-
standing the effort Of congress to de-
stroy it. But the trade dollar substitute
for the standard silver dollar was coined
as a ''cheap dollar, p" because it was not
made legal tender beyond the sum Of
50 i'll II payment, and that coin did
not drive cut gold because it would not
circulate. The people would not have it
because it was not full legal tender
money, although it had ~ grains
more Of silver in it than is contained in
the silver standard dollar of 412k
grains weight. We see by our own ex-
perience that the Gresham law was a
failure. 1t did not operate III favor of
the circulation of the "cheap'' trade
dollar. 1t never does operate when
legal tender money is III circulating in a
volume adequate to the necessities Of
the people. When that is the case,
"cheap money! will not circulate. The
people will not have it. Money that is
full legal tender is as coed as money
can be, provided it is made Of the pre-
cious metals Senator J. T. Morgan
in Arena.
The Neihart herald. [volume] (Neihart, Mont.) 1890-1901, 1896-10-24
GOLD AT A PREMIUM.
One of the Goldbug B%ugaboos That Has
No Foundation In Common Sense.

One of the Goldbug B~ugaboos That Has
No Foundation In Common Sense.
One OF the terrors which the near fu-
ture holds for the gentlemen who carry
their entire stock Of patriotism in their
individual pockets is that, in the event
Of Bryan's election and the Inaugural
ton Of free coinage, gold may go to a
premium over silver.
Why this should alright the single
standard advocates is not clear to any
body who has eyes to see the condition
Of the United States at this time. AS
gold has gone up in purchasing power
everything else necessarily has gone
down in price. The value Of property,
in fact, has been cut in two within the
past few years. Since, then, gold is al
ready at a premium over other commod-
think of it being at a premium over
coined silver also?
Silver bullion measured in gold has
not sunk more rapidly than most of the
great staples measured in the same
metal. Indeed it is a very suggestive
fact that silver has kept close company
with the necessaries of life i'll the down.
ward race. Wheat and silver touched
their lowest point together. Wheat il
as useful to mankind as ever it was. anG
its fall in the worlds markets is not
due to overproduction. Since much
more of it can now be bought for a gol(
dollar than formerly, it is obvious thai
the gold dollar has gone to a thievine
premium over wheat.
The reconciliation Of silver viii.
have the double effect of sending the
price of silver up and bringing the price
of gold down until the old relation il
value between the two metals is re
stored. 1t is the honest 100 cent dollar
of bimetallism that the money cornererl
are afraid of, not the 50 cent dollar
of the bogus prophets. Open the mint
to both metals alike and they will NEE
on a level of value at the mint ratio.
The premium which gold 0 enjoy
over the e~xchangeable property of thu
United States will be removed by Bry
ans election, and the establishment of
financial system that, being based OF
both the precious metals instead Of one
will furnish us with sound money
money as secure against appreciation a
against depreciation.
In the unstable dollar of the golt
standard is the harvest of the none,
manipulators. New York Journal.
The Neihart herald. [volume] (Neihart, Mont.) 1890-1901, 1896-10-24

cIUet1 IISc1s ana canaIs, destroyed IN
ventions, bought up inspectors and put
its stamp upon explosive oil, attacked
the property Of competitors and blown
up rival refineries. These trusts are re-
ligiOus at one end and murderous at the
other.
This law breaking, aggressive spirit
of monopoly has found a perfect embodi-
ment in the person Of Marx Hanna.
lie today towers above Mckinley
and above the Republican party, the
American BIuebeard, who Stays his
workers instead of his wives.
Give Hanna four years of power,
and he will paint the White House
black.
He viii utterly destroy every vestige
of trades %unionisin, for he will have
the army, the navy and the treasury at
his command. He will discover that it
is cheaper to abolish manhood suffrage
than 10 buy votes, and next November
may be the last chance that moneyless
men ever may have to record their vote
for president. Many Republican work
ingmen are thoughtlessly going to the
ballot box just as al * goes to a barbe-
cue-gayly decorated in honor Of its
own death.
Mayor Pingree gave us a national
motto when he said, give the people
what they want" | am not one of
those who regard the people as danger
Gus, covetous animals who must be
chained and muZzled. The experiment
Of the referendum in Switzerland has
proved that when the people are left
entirely free they are naturally conserv-
ative. French revolutions never occur
except when some King Louis has re-
pressed the people and goaded them to
resistance. 81 am the state" said the
boastful king, and the people replied
with tine guillotine.
| trust III the Common heart Of all
more than in the private scheming Of
any financial syndicate. don't excuse
the ignorance Of the masses, / don't
celebrate their poverty, | don't ignore
their frailties, but | say that they are
far nearer the truth regarding ali social
and political problems than those hood
lUn students Of Yale whose only argu-
ment is III insane college yell.
II Is time 70 cooperate and enjoy the
creation Of our hands; otherwise all the
energy and daring and inventiveness Of
fathers have ON to naught. / do
10 believe that Columbus discovered
America for Hanna or that the monopo-
list is the last and highest product Of
human evolution.
The Neihart herald. [volume] (Neihart, Mont.) 1890-1901, 1896-10-24
Gold Was DCmouetiZed.

A great many people talk Of gold as
something that has supernatural quail
tiles, characteristics over which man
absolute, unfailing and ~unvarying in
fiuence over the commercial affairs Of
the human race. They scout the idea
that the price Of gold can be influenced
by legislation. They assert that all the
nations combined could not demonetize
gold. They believe or pretend to believe
that gold has some quality superior to
anything else used by man-superior to
man himself.
And yet gold has within the past 40
years been demonetized. 1t was actual
ly denied legal tender quality, and not
by barbarous nations, but by European
governments representing in 1857
about 10000, 600 of people.
Prussia, the south German states,
Austria, Holland, Belgium, Portugal
and Russia closed their minis to gold,
except that Austria continued to coin
ducats, but without legal tender quail
ity. This action was taken because the
gold discoveries i'll California and Aus
tralia alarmed the capitalists of Europe,
and they were afraid that the people
would pay in gold-in 'dishonest mon
ey." Portugal recognized English SOW
ereigns as the only gold coin allowed tC
circulate, while England remained the
only gold standard nation of Europe
the only cheap money" government
and suffered from some of her w and
many foreign writers such abuse as is
now heaped upon Mexico, for instance.
This may excite surprise and provoke
denial. The facts remain. An investi.
CATION will prove them true. AS they
are doing with REGARD to silver, the Eu.
ropeans demonetS d gold to injure the
business of American production, anC
England refused to join them then be-
cause she had great goldfields of hel
oWn.--Cedar Rapids Gazette.
The Neihart herald. [volume] (Neihart, Mont.) 1890-1901, 1896-10-24
LAuDS IL.
Yale College Students Commended For
Insulting Bryan.

Yale College Students Commended For
Insulting Bryan.
Here are the remarkable editorial
views of the New York Sun upon the
conduct of the Yale students in break
ing up the Bryan meeting at New Ha-
ven. Beyond calling attention t O the
simple fact hat The Sun is the leading
organ of the New York plutocracy COM
ment is unnecessary:
"They ought to have done it, and the
sentiment to which they gave u~tterance
was honorable to them. The boys made
q great noise, cheering for Mckinley
n yelling and jeering at reputation,
so that Mr.. Bryan could not be heard
for several minutes. If they had ap-
plauded him necessarily for even a full
half hour, would there have been any
complaint OF their preventing him from
starting out in his speech? Has not a
crowd in the open air as much right to
hiss as to cheer? At what period in our
history was that privilege taken from
Americans?
1.-THE Yale students did right. They
may have been boisterous beyond the
measure of necessity, after the fashion
OF college boys, but the spirit animating
them was wholly honorable, wholly
oommendable. Their fathers have good
reason to be proud of such sons. When
General Webb calls their conduct 'das-
tardly and outrageous, he proves him
self to be "a man disqualified to be a
college president and an exemplar for
youth. He and not they deserve the re-
proach Of his unjustifable letter."
The Neihart herald. [volume] (Neihart, Mont.) 1890-1901, 1896-10-24

Never since slavery days has the press
in the parts of the country familiar to
me displayed such disregard for truth
most obvious considerations as it does
at present on the silver question. This
means that the money power seated in
London, but with representatives in
New York, Philadelphia and Chicago,
is determined to continue the apprecia-
ton of gold, and determined, Therefore,
that the facts shall not be known. The
bankers and the press are almost entire
ly under its influence. Professor L.
Benjamin Andrews of Brown Univer-
sity.
The Neihart herald. [volume] (Neihart, Mont.) 1890-1901, 1896-10-24
A Word About Trusts.

The talk about using the minis for
the benefit of millionaire silver mine
owners is a good thing if it helps to
make it clear that the paltry $50, 900,
600 a year, the gross value of all silver
mined in the United States, is less than
the profits of a single Hanna trust-the
Pennsylvania .anthracite pool, which is
in league with the Standard Oil COM
pany and with the Steel trust in sup
port of the English gold standard. ST.
Louis Post Dispatch.
The Neihart herald. [volume] (Neihart, Mont.) 1890-1901, 1896-10-24
OBJECT

The Good Old Times" Pictures Do Not
Stand the Test of Recorded Facts.
A goldbug missionary was stepping
up Farnam street yesterday. He had q
large lot of pretty pictures under his
arm, and he handed them out 10 passers-
by. These pictures told in vivid lam
guage of the wonderful prosperity en-
joyed by the producers during the years
lSS9-92 inclusive ard attributed all
our woes to the fact that the conditions
of those years have been done away
with. Several of these pretty pictures
were handed to The World Herald office
The Neihart herald. [volume] (Neihart, Mont.) 1890-1901, 1896-10-24
Stability Under Free Coinage.

Between 1860 and 1910 the worlds
production of gold was 81, 1S0, 600
ounces, Of silver 1913, 600, 900 ounces, or
81 to /. For the next decade it dropped
to Is TO l. being Is, lSG, 400 of gold and
2I5, GEO, coo of silver. Between 1850
and 1870 the production of gold i'll
creased to l29, $40, 900 ounces of silver
only to G51, 600, coo, or 3 to /. Mulhall
says tpage 4l6, 1866 that the highest
market price per ounce in London for
bar silver dnring these 70 years was 60
pence J farthings the lowest, so pence
l %tafthing, II variation of / cent, while
the mints were open to free coinage.
Prior to the discovery of gold III 1913
the bulk of the worlds money was sill
yer. lii 1913 the total gold i'll coinage i'll
the world WAS only 80, 900, 900 ounces,
of silver LILO, 000, 600, or 81 to /. Yet
there was absolute parity mt Is. 50--the
highest coinage ratio-the world over.
II amy country coined lower, its silver
WAS III Il premium. In 1860 the gold in
coinage had reached 50, 900, 900 ounces,
a drop to II to /, with absolute parity.
In 1870 it was Is 10 /, with absolute
parity, and in 1883 only II to /. the
gold III coinage being 1863, 600, 00O
ounces and the silver 2,OS6, 600, 00o
Omitted States mint estimate).
The Neihart herald. [volume] (Neihart, Mont.) 1890-1901, 1896-10-24
The real issue of this c

The zeal issue of this campaign is
not the question of free coinage, nor
of an income tax, nor one of life tenure
of office. 1t is simply a question of
whether this country is to be ruled by
the trusts, the plutocrats and by Wall
stree or by the plain people.
The Neihart herald. [volume] (Neihart, Mont.) 1890-1901, 1896-10-24

The day before his assassination Lin
coin said, "Now that the rebellion Is
over, and we know pretty nearly the
amount Of our national debt, the more
gold and silver we can mine makes
the payment of that debt SO much
caSier.3