The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1896-11-19
HOW G CALIFORNIA LOST.
DOUBLE SET OF BRYAN ELEC
TORS VOTED FOR.
New York Finaucier on the Outlook
chen Alexander Preparing TO
Return TO Greece.

Washington, Nov IL tSpecion The
| National Grange which is in session here
adopted this resolutions
| srhat this National grange does not
/ and never has Endorsed what Is known
"a tho l4uhn proposition 10 pay export
| bounty on agricultural products"
The most diseouraging report that has
| been read OF the session comes from
| Master w r. Williams, OF North Caro-
lima, who said 1T is said to report that
1 the grange is about gone up in the old
| North State. \ few lingcr aud struggle
still hoping that help which gives yigor
and strength may come In this immc-
diate locality among the farmers things
are much more gloomy than last year.
The American Tobacco Trust has put
down the price below the cost of pro-
duction. Cotton is half crop, and you
know the price is { cents with us this
morning.
If | might be allowed to advise. !
would say that the first consideration OF
the National Grange should be to extend
the order, and next, to organize and edu-
cate the farmers into n fraternity that
will enable them to dictate prices. / can't
see any other way to fight the trusts.
The last four years show that the trusts
and monopoles are with their aggregate
millions no longer amenable to law"
at was the unexpected that happened
in California" said Mr.. james +. Eng
fish, of San Francisco, at Wizards re-
ferring to the late election in talk with
a Post reporter
ut looked to he such an utter cineh
that Bryan would carry the State that
the Republicans wouldn't put up dollar
on Mckinley unless odds of IL and 3
to / were given them. The opinion was
as general with them as with the Demo
Gratis that Mckinley stood no sort of
chance Of getting California. As it is,
McKinleys majority is narrow, and prob
ably he would have lost had ii not been
for vast amount Of ignorant and care
less voting by citizens who meant to east
their ballots for Bryan, but who voted
for a double set of Bryan electors, i'm
stead Of one, thereby causing their votes
to be thrown out.
sin San Francisco, which every one
expected to go Republican by 5000 or g.
600, Mckinley led by less than 300, and
the Democrats elected their local ticket,
with two exceptions. Congressman Ma
guire achieved a sweeping victory and
comes back to the House with n 5000
plurality. Had the Populists carried out
the fusion contract as faithfully as the
Democrats there would not be a single
Republican from California In the Fifty
fifth Congress-"
Il was talking with one OF the chief
officials Of leading life insurance com
pany Of New York yesterday about the
outlook for prosperity" said Mr.. David
G. Meehan, prominent business man of
Columbus, Ohio, at the Ebbitt, to Post
reporter, "and the tone he took was not
that of man who sees a great and inn
mediate betterment of existing condi-
TONS He said that there is no certain-
ty about what Congress viii do, which
reminded me that the whole burden of
this campaign was that only the election
of Mckinley was necessary to put the
country on its feet and restore an era OF
unlimited prosperity. There was no talk
then about Congress.
1T occurred to me that here might be
sung when there was so much anxiety
to repeal the purchasing clause of the
Sherman act 1t was promised that re-
peal would be followed by a tremendous
business revival but the promise was
not fulfilled There is no doubt that
better times will come, but it is a trifie
queer that as soon as one obstacle is re-
moved something else will be conjured up
ment for which the nation is looking. This
reminds me further that / also heard
New York business man say that Wall
street was just as heartily damned in
New York City by a certain portion Of
the business element as it was in any
corner of the wild and woolly West"
Eben Alexander, OF the United States
Legation at Athens, Greece, is registered
at the Riggs. Having placed his boys at
Bingham school and visited his home, in
North Carolina, he is ready to return TO
Greece after q conference with Secretary
Olney.
The records Of the Treasury Depart
ment show that from February |, 1896,
to November j, there were coined at the
minis OF the United States 1920, 1922
standard silver dollars from the balance
of the silver bullion on hand purchased
under the act Of July IA, 1890 The
seigniorage upon this amount was So,
051 ,430, which has been turned into the
Treasury. The balance Of the silver bull
lion purchased under the act of 1890 on
hand November /, 1896, was 125, 061 ,263
fine ounces, which cost the government
SIP S65, 625. The coinage value OF this
amount is $161 ,693,000.