davidaulloa/AmericanStories huggingface dataset:
Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1896-10-07
BIG INCREASE IN FAILURES.
Administration and Bryan's
Threats.

New York, Oct 5.-The Dun and
Bradstreet's commercial agencies on Sat-
urday published their regular quarterly
statistical reports of failures. For the
quarter ending on Wednesday Dun's re-
port says in part: again it is neces-
sary to report remarkably large failures
for the quarter. The amount of liabili-
ties has not been exceeded in any quarter
since 1893, nor in any quarter prior to
that year excepting the fourth of 1890,
the second of 1884 and the first of 1873,
or including 1893, in six quarters during
twenty-five years. The number of fail
ures is 615 per cent less than in the third
quarter of 1898, and the amount of liabil-
tiles is $9,1S4, 900, or Ill per cent. less
than in the panic quarter of that year,
as records have been kept. While the
situation is happily very different in
many other respects, the record of COM
mercial disasters by itself is depressing,
the more because it ignores the fact
that many of the most important fail
ures were primarily due to losses sus-
tanned i'll 1898, from which recovery has
not been fotnd possible. But the ex-
traordinary financial and industrial I'M
certainty attending the presidential con-
test this year makes it by no means
strange that firms already weakened
have gone down, and many others have
been Frustrated. The recent influx of
gold and change Of feeling have brought
much relief, though uncertainty will not
be wholly removed prior to the election"
Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1896-10-07
TIE UP IS COMPLETE.
Canadian Pacific Operators Conf
dent of Winning Their Strike
Train Men May Go Out.

Peoria, ILL.,, Oct 81. r. T. Austin,
grand secretary and treasurer of the Or
der of Railway photographers, has re-
ceived dispatches from Montreal show
ing that the tie-up on the Canadian Pa
ciic is complete and nothing is moving
except few passenger trains. Satur-
day night the dispatchers at Smiths
Falls, the only ones who had remained
at work and who had charge of 33S
miles of road went out. The telegra-
piers, Mr.. Austin's dispatch says, stand
firm and expect to receive the sympathy
of the public all along the line because
at many places objection is made to any
one else attempting to perform tele-
graphic duties: The strikers, it is stat
ed, are cheerful and sanguine of sue
cess all over the system. Employees in
the train service have been restrained
with great difficulty from taking part in
the strike and this is the reason the
chiefs of their orders have gone to Mont
real.
Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1896-10-07
DOUBLE-DEALING SEWALL.
He Demands Gold in Payment for Tim
Der Transportation.

Attention was lately directed in these
columns to the significant fact that Alt
geld of Chicago, although rip-rOarlng
champion of silver. so far as his yoclfer-
Gus talk in conventions and out of them
is concerned, when it comes to business
is a goldbug. We demonstrated this fiat
failure of Altgeld's practice to conform
to his preaching by reproducing the
clause which forms Il part of all the
leases which are made out by the Unity
company. q business enterprise of Chlca-
go. of which Altgeld is president. He
was a leading figure in the Bryan con-
vention which made the dishonest de-
mand for the free coinage of silver, but
nevertheless the lease clause in question
expressly stipulates that the tenant shall
pay his rent I'm STANDARD GOLD
COIN OF THE UNITED STATES
And now Arthur Sewall, who is run
ming for vice-preSident on the Bryan
ticket, is caught in the same gla"ing
Hypocrisy He. too, is expressly COM
mitted to free silver. Indeed, he is more
thoroughly committed to it than Altgeld,
since he is making the canvass for the
vice-presidency upon the silver chicago
platform and has professed loyal allie
glance to it. But Il little matter like
that, it turns out, does not prevent Ar
thur Sewall from ignoring silver and in
sisting upon gold when it comes to the
payment of debts due him. That is the
sort of Il brave knight or silver ne Is.
He is unmasked in the New York Trib-
une of yesterday. Sewall recently took
the contract for carr<ing four shiploads
Of timber from Maine TO Long Island
City for the creosoting firm of Eppinger
& Russell, and insisted upon the ;nser-
ton of the following clause in the con-
tract:
The party of the second part agrees to pay
to said party of the first part. or agent, for
the transportation of said timber, - dol
lars and - cents, UNITED STATES
GOLD OR ITS EQUIVALENT.
What do you say to that Mr.. Bryan?
Or you. Tom Watson? Imagine the feel
ing of the POpulists when they read this
exposure! The soldier company which
on its formation adopted a resolution
reading. resolved that in case of war
this company will Immediately disband."
would have been an organization after
SeWallS own heart. In his canvass,
when his aim is to fool the voters he
poses as a free silver soldier. but when
it comes to getting pay for timber-pres-
to-he disbands his free silver convic-
tions and eXacts gold Omitted States
gold or its equivalent"
Further comment is not called for. We
may we'll leave Sewall to be dealt with
by his party associates whom he has so
basely Observation-Disclosures Post-Ex-
nrpSS.
Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1896-10-07

can have coined into money. There is
not a dollars worth of bullion in this
state. there is not dollar in any state,
barring FIVE or six. These five or six
have total population of less than the
city of New York. and these small states:
representing small interests. ask you and
Pennsylvania and Ohio and Illinois and
Massachusetts and Maine and all OF the
great commemorative of this country to
take the bullion of that little population
from that little territory and make 1t
worth 100 cents for their fifty-three.
This is what free-coinage means. and
this is what they ask you to adopt as the
policy of the American people III tins
coming election. l say to you it IS a mis-
take. 1t is the worst mistake you are
asked to commit and YOU will find it out
if you commit it this fall. | say to you,
consider this question. Think your
selves, don't listen altogether to what
other people say, and let it be settled not
by your partisanship, but by your cltl-
zenship. and you will make no error.-
Rochester Democrat
Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1896-10-07
DEPEW CALLS BRYAN DOWN.
Quotes Henry Ward Beecher and Charges
INSTRUMENTATION.

The most remarkable of the citations
of Mr.. Bryan during his address in
Brooklyn last Wednesday evening was
the one in which he said, referring to
Henry Ward Beecher:
l only wish that the distinguished divine
whose name has added to the great fame
of your great city were with us tonight,
that he might again champion the cause
of the people in their great hight CT today
Chauncey NJ. Depew used this rs 4
text in his address at the Clermont ave-
nue. rink this evening. The occasion was
the formal opening of the Kings county
Republican campaign in Brooklyn. Six
thousand persons crowded into the hall
and cheered the speaker. National
Chairman Hanna was one of the dis
tinguished men on the platform.
In referring to Mr.. BryanS statement
Mr.. DepeW said in part:
During the fiat money and unlimited pa
per currency excitement of 1877 Mr.: Beech
er delivered a famous sermon thanksgiving
day on the perils of the day. In 1t he used
this language, which is commended TO the
study of the POpulistic candidate for the
presidency, since he has called Henry ward
Beecher as witness:
Wherever, in any nation, there is such
an attempt to tamper with standards that
the moral sense of man is bewildered and
liberty is given to unprincipled men at
large to cheat, to be unfaithful to oDlga-
tons, to refuse the payment of honest debts
whenever that takes place, it is all the
worse if done with the permission of the
law. l hate the devil riding on law worse
than l do the devil riding without law
under him. Whoever campers with estab-
lished standards Hampers with the very mar
row and vitality of public faith.
''Gold is the worlds standard. Gold is
the UNIVERSAL measure of value Other kinds
of money-silver, copper, paper-all must
conform to gold and be measured by it,
and be interchangeable with it, in fixed and
definite proportion. Gold is king to com
merce. All other money must represent
gold.
.'Gold came to its supremacy as repre-
sentative of property by the lonS-estab-
lished consent of mankind. Congress cam
not change it for the world, nor even for
this nation. except upon past transactions
1t may give impunity to men to cheat con
tiding creditors, but it cannot rule the
value of currency in all future transactions.
The crime of paying debt in a currency
inferior in value to that i'll which 1t was
contracted base at all times and every
where has deeper guilt and baser in
fanny in our case. When in our mortal
struggle capitalists were solicited to lend
their money to Us on the faith of the nation
we were too glad to promise to pay in gold
and were most grateful for their aid. Now
our dangers past. reVile them, finding
no eDithetS too violent, and strive to pay
them not gold for the gold they lent our
misery but in Il dishonest measure of an
inferior metal To return their aid by Il
base treachery is to deserve an infamy as
deep as the lowest depths Of hell
90 TimeS-Herald.
Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1896-10-07
The Home Market.

Mckinley speaks with wisdom and
truth when he says ''the home market is
the best market in the world" 1t is
the home market that opens factories,
furnishes employment for wage-earners.
and fills the land with consumers of
farm products.
One great cause of the hard times is
the denial of these facts by the tariff re-
formers of 1894, who undertook to sell
the home market in exchange for the
markets of the world The result
was that they lost the former and did not
gain the latter. so that the whole scheme
was iamentable failure.
The truth is that protection and reel
prOcity have demonstrated their great
value to our home industries and for
eign trade. The former, achieved their
greatest prosperity under protection,
while 1892. when the Mckinley law was
in opera ton. was the banner year of
our exchanges with foreign nations.
Comparing 1892 with 1896, the result
is as follows:
Our exports fell from 81, O3O,2 14S in
1892 to 1868 2OO.4 in 1896, decrease
1927. 4O2. 462 in 1892 to $779,710,O24 in
1896. a decrease of SAT 500, 438. The bal
ance of trade favorable to the United
States in 1892 was $500, S75, 1868; for the
fiscal year just closed it was only $685.
490463, a decrease of $119,3S5, 223.
Thus the common experience of the peo-
pie shows the wisdom of taking care of
the home market, while the record dem
onstrates that with the market in
f1ourishing condition the foreign markets
take care of themselves. The step to-
ward free trade was a colossal failure,
and an attempt to mend matters by
adopting the free and unlimited coinage
of silver would be even a more stupen-
dous blunder. = Rochester Democrat
Chronicle
Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1896-10-07
Don't be Hum plugged.

Hon. Frank S. Black at Cha than, n Y
| would ask the voters irrespective of
party, irrespective of previous political
affiliations, to look out this fall that
they don't put themselves in a position
where they say the American people like
to be, and that is where they can be
humbugged and fooled. The Democratic
party at Chicago issued a new list of
promises, and the Democratic policy
takes you from one promise to another.
from one condition to another, each prom
Use more unreasonable, each condition
more deplorable and if you accept them
you will finally place yourselves by hard
ship and distress in Il condition from
which you must find relief.
Now, in reference to silver, permit me
to say only word. Don't mistake the
phrase 'free silver" for the free coinage
of silver There is a vast difference be-
tween free silver and the free coinage
of silver. Free silver might possibly
mean that it would be easy for you to
get that money now afioat, but free coin
age of silver would not be a help TO you
unless you have bullion. When it comes
TO the coinage of potatoes, and lumber
and wood, then if you have these things,
you may be in favor of free coinage
You have no bullion to coin. Don't vote
to coin that which you have not That
is all there is in this situation There
is not in this country one solitary cent
oc dollars worth of bullion which you
Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1896-10-07

and that it is not the multiplication of
tools that makes business, any more than
the multiplication of hay racks makes
hay. Given the grass to be cut and there
will always be found Il sufficient number
of hay racks to harvest the hay: SO given
the demand for products and the inevita-
bly, resultant supply, and there will al
ways be found monetary vehicles for the
distribution of such products. AS a mat
ter of fact the volume of money per
capita today is 20 per cent larger than in
1873 The trouble is that the large vol
ume of money we have is not calculated
and used because Bryan and his support
ers broke down our industries and bust
ness and the earning power of the masses
at the end of 1892, and the people are
therefore consuming less
Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1896-10-07
CARDINAL SAToLLI'S DEPARTURE.
He will Sail from New York for Rome on
October II.

Washington, D. c., Oct. 5.-Cardinal
Satolli is rapidly completing the arrange
ment of his affairs preparatory to his de-
parture from the United States. He
will leave Washington next Wednesday
and sail from New York on Saturday,
the 18th inst. He will go from this city
to Newark, n. J., where ne will visit
the bishop of Newark and the institu-
lions of that diocese.
Archbishop Martinelli has been al
ready indicted into the administration
of the apostolic delegation, and Cardinal
Satolli, Mgr. Sb.retti, the auditor, and
Dr. Rocker, the private secretary of the
delegation, have acquainted him with
the nature and details of the work of
whicn he has taken charge. 1t was Of
ficially stated at the delegation today
that the retirement of the cardinal in
wolves no further changes in the head
quarters of the church in America so far
as information from Rome shows
Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1896-10-07
Silver Mine Profits.

The New York World has been doing
some investigating in the West, and it
finds that the Ontario mine, in Utah,
the Horn Silver $5,0SO0O0, the DAILY
s.. 1887 800. the Bullion Beck $2105, 900
and the Centennial Eureka $500, coo.
and these are small compared with the
Comstock and other of the great mines
in Colorado and Montana. Yet, accord
ing to Mr.. Bryan's doctrine and belief
the profits of these mines. controlled by
the silver trust, are to be doubled by
free silver. and Michigan farmers will
please note that the law is not to carry
with it any wheat-purchasing clause thai
will make the cereal leap UP 100 per
cent.
Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1896-10-07
THE MORAL
A Quack and His Remedy.

Bryan's reply to Maj. McKinley's SEN
tentious statement that what we need is
not the opening of more minis but of
more factories, shows the shallowness of
the hoy orator. The substance of
Bryan's reply is that more money coined
or issued by the government will
open the factories. The hoy orator.
fails to comprehend the fact that money
is tool to facilitate exchanges or the
production and distribution of products:
Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1896-10-07
BOilermakers Strike

Buffalo, N. Y, Oct 2.-There was a
strike of few hours duration By 300
workmen at the Union Dry Dock com.
pany today. The dispute was over a
notice that the wages of boilermakers
and shipbuilders on a new oilboat would
be reduced from S2.75 to $3.50 a day.
After the men had been out for a short
time the company agreed to pay the old
scale of wages.
Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1896-10-07
The Fable.

''There was once a man who climbed
a tree, and he had in his hand a saw.
And while he was in the tree his enemy
came beneath it and lay down to sleep
in the shade. And the man said to
himself: Behold my enemy, asleep and
in my power. will avenge myself upon
him by saving off a limb of this tree
and allowing it to fall upon him and
crush him. And as he said he did;
but he sat upon the limb. and when it
fell he fell with it and was grievous-
ly injured. But the sleeping man was
not injured.
THE MORAL.
There was once a farmer who went
in debt to a banker. Production in
creased and values declined, and he said ::
/ will have a law passed, making my
debt payable in cheap money and thus I
will be avenged upon this Gold Bug
And as he said he did But when debts
had been made payable in cheap money
he received only cheap money for the
products of his farm and he was re-
quired to pay double the amount of
cheap money for his necessities; and the
Gold Bug foreclosed the debt and was
not injured, but the farmer was ruined
And this is the story of the Fools
-
Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1896-10-07
Cochran Saws it is Absurd.

Indianapolis, Ind, Oct. 5.-Bourke
Cochran, when seen last night, after his
speech at Tomlnson hall, was shown a
dispatch from New York containing a
rumor that he is to wed the daughter of
Baron Russell of KilloWen, lord chief
justice of England.
He seemed surprised and panied that
such a rumor should have been given
circulation.
L have never made it a habit" he
said. so discuss absurd and fanciful
stories about my personal affairs"
Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1896-10-07
FOREST FIRES PUT OUT.
Heavy Rains Put an End to Danger
In Northern Michigan
Villages.

Marquette, Mich, Oct. 5.-[Special.1-
All danger from forest fires at Hum
boldt, Nestoria and Marquette have been
removed by copious showers early this
morning. Considerable damage has
been done to standing timber and Rice
& Begole lost about 100000 feet of logs.
Their camp, reported destroyed, was
saved after desperate effort.
Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1896-10-07
DIDN'T BELIEVE IN INSURANCE.
This Lack of Confidence Cost Patrick
Flanagan Several Thousand Dollars.

Flanagan Several Thousand Dollars.
Iron Mountain. Mich, Oct 3.-TSpe-
cial. IA frame building situated on the
principal business corner of the city and
owned by Patrick Flanagan of Norway
was burned TO the ground at 1 o'clock
this afternoon. The building contained
O. small grocery stock, restaurant
owned by Wade Leeke, saloon kept by
John Flanagan, and a plumbing shop
by George Monroe. Most Of the stocks
were saved but the building is a total
loss. No insurance was carried or the
building which was worth $4,000.
Flanagan never had faith in insurance
cOmDauics
Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1896-10-07
Facts for Farmers.
This shows G.95 divided by y th

This shows G.95 divided by y that
our average per capita consumption of
wheat in 1894 and 1895 was trife
under four bushels. This was SO per
cent. below the per capita home con-
sumption in 1890 when times were good.
Surely any intelligent farmer ought to
be able to understand what that very
low consumption of wheat by our people
meant in 1894 and 1895. He realized it's
force in the low price Of wheat. Our
people were out of employment under
the Wilson bill and unable to buy and
consume as much as they did in 1890
With a consumption in 1894 of only
about 50 per cent. of what it was in
1890, the value of our home market and
labor fully employed in relation to the
price cannot be overlooked. The value
of ''the markets of the world supplied
largely by Argentina and Russia with
cheap wheat are as nothing compared
with our own market. In 1890 wheat
was worth 90 cents, in 1893 only 70
cents and in 1894 only 81 cents, the de-
cline in price being in about the same
ratio with the fall in home consumption
per capita. This presentation of facts
ought TO be convincing.-Bu News.
Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1896-10-07

Two editors of Arabic comic papers
in Cairo have been sentenced to eighteen
months Imprisonment and a fine for Ii
belling Queen Victoria and publishing
grossly indecent caricatures of her.
Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1896-10-07
TAMPER WITH WIRES.
Lines of the Canadian Pacific Rend-
cred Useless in Some
Places.

Montreal, Que, Oct. 2.-The wires Of
the Canadian Pacific railway have been
tempered with in two places, where
they were tied together with piano wire.
A reward of $1,000 has been offered for
evidence to convict anyone of tampering
with the wires.
The Dominion government has shown
its interest in the strike of the Canadian
Pacific telegraphers by asking the COM
pany for a statement Of it's case, to
which Vice-President Shaughnessy has
replied by wire to Ottawa by saying
there is no question involved except
whether the company shall ignore it's
rules and deal directly with its employees
without regard to the executive officers.
Vilas County news. [volume] (Eagle River, Vilas County, Wis.) 1896-1927, 1896-11-16
UNCLE SANS POSITION.
Present Policy is to Await Deve1opme nts
in Cuba.

Washington, d. c., Nov. 12.-Many
sensational stories are afloat about i'm
mediate Intervention by. the United
tons for prospective. trouble with Spain.
1t can be stated with authority that the
President regards the present military
situation on the island as far too critical
to warrant action by the United States
at this time.
That the military operations now ac-
lively begun by the Spanish will result in
bringing matters to such a stage as to
necessitate the recognition of the insur-
gents or intervention i'll the interest Of
humanity, the authorities regard as alb
solutely certain.
The President is so thoroughly con-
WINGED that there will soon be important
changes in the situation by reason of the
military operations that are now in
progress that he has not touched upon
the Cuban clause of his message at all.
This will be the last chapter written.
Pending further developments on the
island, the attitude of the administration
will continue to be one of strict neu
trality. If there is no material change
by the time Congress convenes, the Presi-
dents treatment of the Cuban question
in his message will be much the same as
last year.
1t can be stated authoritatively that
the report made by Gen. Lee during his
recent conferences with the President
and the secretary of state will not be
productive of any immediate change in
the attitude of the United States.