davidaulloa/AmericanStories huggingface dataset:
The Dalles times-mountaineer. [volume] (The Dalles, Or.) 1882-1904, 1896-10-24
WHY GOLD HIDES?

Who ever heard of an individual who
wished to hoard money who did not
select gold for the purpose?
Who ever heard of an individual who
had money to lend who did not wish
to have payment guaranteed in gold:
These two questions are asked by
the Century Magazine, and are offei ed
as an argument for the retention OF the
gold standard.
Since gold has appreciated and con-
tiuues to appreciate, it is not likely
that anybody ever has heard of a
hoarder of money who did not want
that money to be gold, for the simple
reason its purchasing power bids fair
to be greater in the future than at the
time itwas taken out of circulation and
active employment. 1t is TO prevent
the boarding of any class of money
that the advocates of free coinage con-
tinued. So long asthere is a certainty
that gold will appreciate it will go into
hiding, from the fact that it is a sure
investment. 1t will continue to be
Withdrawn from active use and be laid
away IN safe deposits. to lay aud rust
and increase in value, but whenever,
by any act of legislation, it is made to
depreclate, through some other metal
being allowed to perform the Office of
primary money, it will cease to appre-
ciate, hence crawl out of its hiding and
go into active use.
Will not the free coinage of silver
accomplish this end? The United
States, together with most The other
leading commercial nations, uses gold
as the basis of value, consequently the
demand for that metal becomes great
and its value, governed by the laws of
supply and demand, appreciates. But
let silver be made a money of equal
redemption powers with gold, and the
demand for the latter decreases and it's |
purchasing power begins to fall, while |
the price of all other pt opersies, meas
ured in gold, must rise. Then as gold
it will cease to be profita
bic to hoard it, and it will come out of |
hiding and be invested in properties
that are on the rise.
The second question can to be an
swered "no." The loaner of money
most assuredly wants his securities
paid in gold, because. under existing
with gold appreciating, he
derives, besides the interest on the
he holds, the benefit of the
Use in the price of the metal in which
he obligation shall be paid.
1t is unquestionably to the interest
If the money hoarder and the money
ender that the gold standard be main
aimed, but since they form a very
mall proportion Of the population, it
5 not necessary thai it be retained
olely for their profit. The majority
are entitled to some con-
liberalism. Their interests are para
mount to the interests of the minority.
The Dalles times-mountaineer. [volume] (The Dalles, Or.) 1882-1904, 1896-10-24
BRYAN IN HOOSIERDOM
Seventeen Speeches in Twen-
ty-four Hours.
AUSTRALIAN GOLD
The Steamer Monwai Brings Two
and Half Millions of Gold
to San Francisco
An Arkansas Bank LooIed - Spain Has
Money - Dauntless Taken Wheat
Dull in London-Spain Has
Money
AUSTRALIAN GOLD

ROCHESTER, Ind, Oct. 22.-The In.
diana committee evidently does not in
tend to allow Bryan to fall far behind
his record as a speechmaker on his
trip through Hoosierdom. Nineteen
speeches were made in the "a hours
ending at midnight last night and to
day II are on the card, and there will
probably be more. But Parks Martin
chairman of tie state committee who
N charge OF the train, is taking care
hat Bryan receives more rest and is
DING his best 70 save him from the too
fl ctionite crowds of admirers.
The first speech today was at Teca-
fur, shortly after s o'clock. Several
thousand listened to Bryan for more
than a quarter of an hour and gave
boisterous approval of his utterauces.
The crowd was made up largely of
farmers. Bryan told them that the
farmers in no country ever indorsed
the gold standard, and called attention
to the meeting of agriculturists some
time ago in Buda.Pesth, wi ere
bimetalism was indorsed and greet
ing sent to the bimetalists of America.
He quoted the address of Prince Bis
marck to the farmers year ago. in
which he said the farmers must stand
together and protect themselves from
the drones of society who produce
nothing but laws.
The Dalles times-mountaineer. [volume] (The Dalles, Or.) 1882-1904, 1896-10-24
An IRON DOLLAR.

a campaign document entitled
''Present Problems has come to our
notice. The publication contains an
article by Alexander P. Hull, in which
the writer has struck brilliant"
idea that of casting pig iron into money.
He ridicules the idea that silver can
be maintained at 10 to l. and says if it
can pig iron dollars could be made to
perform the same Office. He of course
takes no idea of the fact that at the
ratio of 154 to 1 the supply of silver
and gold in the world is very nearly
equal. and submits the silly argument
that if government stamp is all that is
required to give money value, iron
would answer the purpose the same as
any other metal.
Under the present system, with gold
as the standard of all money. his theory
would be all right. Iron could be
made subsidiary coin, and the gov
ernment stamp would cause it to circu
late al par the same as copper cents,
nickels and paper money, do, with
something of real value back of them.
in fact, under the beautiful gold stand
ard, our 'leqrned" fnanciers have
acted unwise in purchasing silver bull
lion to coin into money. They have
gone to needless expense in trying to
make something out of nothing, and
the taxpayers of the country are pay
ing for this poor fnar ciering every
time "a dollar of interest has been paid
on the bonds that have been issued to
maintain the gold standard.
But the demand of those who insist
upon the free coinage of silver is not
to make something out of nothing, and
and their contention that the ratio be
fixed at is to is not unreasonable.
As stated before, the volume of the
two metals, gold and silver, in the
world, at the ratio of l54 to l, is very
nearly equal, hence when 16 to / is es-
tablished by any one of the leading
nations, and its mints are
thrown open to the unrestricted coin
age of both metals, that nation is SIM
ply establishing ratio that is fitted to
the supply of the two metals, and the
act of that nation will be followed by
all others.
The comparison between the silver
dollar and the iron dollar has no
weight. If the idea of making some
thing out of nothing were tenable,
then the free coinage of iron into
money might have weight, and the ef-
fort of Mr.. Hull to ridicule bear some
weight, but since this is not conten-
ton of the silverites, his ''brilliancy"
reflects his own ignorance, and shows
that his iron dollar proposition could
only prevail under gold standard
The Dalles times-mountaineer. [volume] (The Dalles, Or.) 1882-1904, 1896-10-24
IT is TOO MIRO W.


The Oregon State Journal, hitherto
staunch republican paper, edited by
Secretary of State -Kincaid, presents
the following expressive picture of the
financial situation:
"For some years the chrysocratic
press has been having spasms over the
loss of gold by this country. and pre-
dieting its complete retirement if the
agitation for free coinage was not
stopped in this country. Now on the
eve OF the first presidential election
upon which the question is plainly
submitted TO the vote of the people,
we see gold coming this way by the
millions. and England is having fits
trying to hold enough of the tricky
metal to do business with. If we vote
Mckinley in the old process will be
renewed and gold will go the other
way, as it did in 1891 and '92 under the
old Mckinley tariff, and then we will
be the parties doing the squealing.
Like narrow blanket on bed con-
tanning six boys-the supply of gold is
always uncovering one .ra5ion or
another. 1t is beautiful system--for
those who like it.
The Dalles times-mountaineer. [volume] (The Dalles, Or.) 1882-1904, 1896-10-24

kindly reference be mao ) to MeKin-
ley's allies, the national democrats
Brother Palmer is kind of decoy
duck, while his running mate is a
stool pigeon, and they say: We
want 10 beat Bryan vote fer us. And
some fellow in the crowd said: DO
you expect to be elected?' 'Oh no, we
are just running to catch the votes of
democrats who have not sense enough
to vote according to their own judg-
ment, according to their own con-
science We want to catch a few pet
rifactions that want to stick to the
democratic party SO as TO have 1T on
their tombstones. why. don't you
expect to be elected?' No Then
of course you want Mckinley elected ,
And poor old Palmer will have to say
yes and then the man in the crowd
will say: why don't you vote for
him, then?"
Whether it is grateful for the sup
porters of Mckinley to make such al
lusions to Palmar and Buckner is an
open question, but the accuracy of the
description leaves nothing to explain
The Dalles times-mountaineer. [volume] (The Dalles, Or.) 1882-1904, 1896-10-24

the chairman of the republican
national committee, but want to sign
my name to his letter and ask all those
who believe in the ideas set forth there
to display the flag on the 3lst of Oct
ober, because there is nothing in that
letter but what we advocates of free
silver endorse. Now note what he
says, he wants the flag displayed by all
intend to vote for the preservation of
our national honor. We advocates of
fiee silver believe that by having
financial policy made by American
people for American people, you can
support the honor of the United States.
He wants those to display a flag VINO
are for sound money. We who believe
in the money of the constitution are
for souuder money than those who
want to change our currency into
pounds, shillings and pence. We who
believe in a basis for our financial
transactions sufficiently broad for
tho-e transactions to rest upon. be-
lieve in a sounder financial system
than those who advocate the gold
standard and financial system based
upon gold alone when you cannot get
gold to furnish your foundation. We
not only believe in sound money, but
we tell you what we mean by sound
money, and do not play the hypocrite
by talking sound money and then re-
fusing to explain what the terms mean.
He wants those who are going to vote
for the advancement of our peoples
interests and general prosperity to
display the American flag. My friends,
we believe in opening the mints to the
coinage of silver at 16 to l without
waiting for the aid or consent of any
other nation. This means the ad
vancement of the people and general
prosperity, and, therefore, we can join
with these men in displaying the
American flag and let it be known to
the country we are standing by the
flag and that we are not asking foreign
nations what that flag shall mean"
The Dalles times-mountaineer. [volume] (The Dalles, Or.) 1882-1904, 1896-10-24
WRECKED IN COOS BAY
Steamer Goes Ashore Near
the Jetty.
THE CRISIS NEAR
Spain Will Not Be Able to Hold
Out Much Longer Against
the Cubans.
An Important Land Case Decided Against
the Government-FaH il Price of
Wheat at Chicago-Another
Awful Massacre.

MARSHFIELD, Or, Oct. 20-The
steamer Arago went ashore this morn
ing just north of the Coos bay ietty and
near where the whaleback steamer
Wetmore was lost. The vessel will be
q total loss.
In an attempt to land a boat load of
passengers, John Norman, of San
Francisco. and two other persons,
names unknown. were drowned.
1t is also thought that another boat
load of people, including Engineer
Brown, of the steamer, were lost.
At present such q dense fog prevails
that the wreck cannot be seen from
shore, and it is impossible at this time
to get full particulars.
The tug Hunter aad lifesaving
crew have gone to the scene of the
wreck, but it is feared that nothing
can be done toward saving the steamer.
A later account says fourteen lives
were lost.
The Dalles times-mountaineer. [volume] (The Dalles, Or.) 1882-1904, 1896-10-24

has these things before him, but he doesn't
see them as they exist. He cannot look on
anything with appreciative eyes. His ply
sieal condition warps his vision and his men
tality. He cannot enjoy anything, no matter
how enjoyable it may be in the abstract. A
man with foul taste in his mouth, with a
bilious headache, and with poisonous refuse
matter circulating all through his body can
not enjoy anything. He honestly believes
that the world is all wrong, and that it is a
mighty poor place to be in. He is blue,
despondent, cynical. Life isn't worth liv-
ing to him. Such simple thing causes
this condition that il is absurd and ridicu-
lous to think of a sensible man remaining
in it. Symptoms like these come from con-
stipation. 1t is the most prevalent of all
causes of sickness. 1t makes man worth
less for work or pleasure. 1t is stubborn
trouble when you do not treat it properly,
and simple one when you do. 1t is cured
by DR.. Pierce's Pleasant Pellets. They were
made for this purpose, and no other. They
accomplish this purpose as no other prep
aration ever did. An unscrupulous druggist
may try to sell you something else. Look
out 1t is your health that is at stake. II
is your health against an extra profit on the
thing he says is "just as good" Doctor
Pierce's Pleasant Pellets don't forget -
don't take anything else.
The Dalles times-mountaineer. [volume] (The Dalles, Or.) 1882-1904, 1896-10-24

RICHMOND. Ind, Oct 2I.-After a
sound sleep from 1880 this morning,
when he completed his last speech in
Tiffin, until $50 when he spoke at Green
vile, Bryan was refreshed and in good
condition to talk. The car in which he
slept lay over during the night at Urbana.
Early this morning at Bradford Junction
several hundred people gathered about
The car and yelled for the nominee. AT
$50, when Greenville was reached,
Bryan spoke to large crowd for 20
minutes. Great enthusiasm was shown.
The Dalles times-mountaineer. [volume] (The Dalles, Or.) 1882-1904, 1896-10-24
AUSTRALIAN GOLD COMING.
Steamer Monwai Brings Two and A Half
Millions.

A"O n
Millions.
SAN FRANCISCO, Oct, 22.-The
steamer Monwai, which is excpeted
to arrive from Australia today, is slp-
posed to have on board about 81 ,50O,-
600 worth of English soverigns. con-
signed to Assistant United States
Treasurer Berry, to be melted down
aud milled into double eagles here and
stored away in the esubtreasury.
About month ago shipment
valued at 81 100000 was received her,
from Australia, and at that time Assis-
tant Treasurer Berry was authorized
oy the treasury department at Wash.
ington to receive the coin at bullion
value for storage in the subtreasury
and TO accept additional shipments to
the amount of Sc, 6,0O0,O0O. Soon after
ward dispatches announced that the
second shipment from Australia,
amounting to 2,500,0 900 bullion valne,
had started on its wav from Australia.
The treasure will be taken to t e
mint where the gold will be tested for
weight and fineness and afterwards
either coined into $40 pieces or stored
in the subtreasury as bullion.
The Dalles times-mountaineer. [volume] (The Dalles, Or.) 1882-1904, 1896-10-24
Chicago Wheat PIT

CHICAGO; Oct. 20.-Wheat opened a
quarter to half a cent higher this
morning, in spite of lower cables, the
advance being carried over from yes
terday's curbs. But the market was
inclined to drag. Northwest receipts
were larger than last year. This and
other evidences of wheat coming into
sight everywhere on large scale Gre
ated a general inclination to sell and
take profits. The opening prices for
December were 773(G775c. 1t steadied
at 77sc, then gradually sold down to
76Jc. There was good buying on the
break, some of which was attributed to
A rally to 7S4c ensued. The
market was Tic at the end of the frs
hours trading.
The Dalles times-mountaineer. [volume] (The Dalles, Or.) 1882-1904, 1896-10-24
Prlnceton,s Anniversary.

PRINCETON, N. j., Oct. 22.-The
Sesqui-centennial anniversary day was
duly observed. The principal event of
the day was an address by President
Cleveland. The address was on the
lines of the promise of national safety
and guaranty of the permanance of
our free institutions which may and
ought to radiate from our universities
and colleges by the encouragement of
the spirit OF conservatism and tolera-
tion. The president declined the
honor of haying the degree of doctor
of laws conferred upon him.
The Dalles times-mountaineer. [volume] (The Dalles, Or.) 1882-1904, 1896-10-24
KEEP YOUR EYES ON THIS.

The first is from the republican
national platform, which no doubt
most voters have ere this committed
to memory:
1--WE are therefore opposed to the
free coinage of silver except by inter-
national agreement with the leading
commercial nations of the world, which
we pledge ourselves to promote, and
until such agreement can be obtained
the existing gold standard must be
preserved"
And the next is from a leaaet that
is being widely circulated and pretty
generally published by the gold press
I'm, 1873, 1883, 1892 three interna-
tional conferences held to try to re-
establish the use of silver were unsuc-
cessful."
Now draw your own conclusion as to
what value there is in the first promise
The Dalles times-mountaineer. [volume] (The Dalles, Or.) 1882-1904, 1896-10-24
spain Has Money.

MADRID, Oct, 22-The seni-official
Naccional says that negotiations for a
big Spanish loan continue. Mean
time, smaller credit operations suffice
and assure the resources necessary to
maintain the national honor and de-
fend the integrity of the country" !"
Naccional adds: "Spain possesses all
the soldiers she needs and will prove
that she has money when necessary.
The Dalles times-mountaineer. [volume] (The Dalles, Or.) 1882-1904, 1896-10-24
PATRIoTIsM AND ANARCHY.

Where anarchy ceases and patriot
ismsbegins is indeed delicate point,
if we are to believe the discussions
that have been presented during the
present campaign. The Chicago plat
form has been denounced as anarchis-
tic for the following declaration: "We
demand the frse and unlimited coinage
of both silver and gold at the present
legal ratio of 16 to 1. without waiting
for the aid or consent of any other
nation. We demand that the standard
silver dollar shall be full legal tender,
equal with gold, for all debts, public
and private.
This, by the gold-standard press
apd gold-standard orators is said to be
anarchism. That is,to demand the re-
enactment of law that was in vogue
for many years, without asking the
consent of foreign powers, is anarchis-
tic. In other words. if the United
States undertakes to pass, or rather
re-enact, a law that prevailed formerly,
and for almost a century was the law
of the country, without obtaining the
consent of the other nations of the
world, it is anarchistic. In short, when
this nation undertakes to leglslate for
for itself, to pass independent laws
without asking the consent of Europe,
it and those who favor such action are
anarchists. This assumption SINNERS
down to the proposition that the
United States is servile government,
not capable OF legislating for itself
without asking the crowned heads of
Europe to acquiesce.
Now here is patriotism according to
the gold standard Interpretation. 1t
is embodied in the ST. Louis platform:
'.We are opposed to the free coinage
of silver, except by international
agreement with the leading CONNER
cial nations of the world, and until
such agreement can be obtained, the
existing gold standard must be pre-
served"
This is patriotism, according to the
gold-standard advocates interpret
alton.
For the proudest nation on earth, a |
nation of 100000 of people. to get
down on its knees and offer up this
prayer: "Oh, England. Oh, Germany!
Oh, France, permit us to make finan
cial policy that is suited to our people,"
But to say that we will enact a
financial policy of our own, independ-
ent of England, Germany or France is
anarchism. If it is anarchism to use
silver as money, independent of the
viii of other powers, would it not be
dishonest to use it under any circum-
stance? If it is anarchism to declare
an independet policy for ourselves, but
patriotism to get the consent of foreign
nations, we would like to know where
leaves off and patriotism be-
gins? The distinction is indeed diff
cult to determine. Though were we
TO draw the line, we would say patriot
ism begins when free and independ-
ent nation declares it's own policy, and
anarchy or servitude begins when it
asks the consent of other nations to
pass laws or enact policies for its own
people.
The Dalles times-mountaineer. [volume] (The Dalles, Or.) 1882-1904, 1896-10-24
MoNoPOLY'S GREED.

The rise in the price of wheat will
result in little profit to the Willamette
valley, since the Southern Pacific Co.,
which has monopoly of the carrying
trade in that valley at this season OF
the year, when the water of the Will
lamette river. is too low to admitsof
river transportation, has fixed tariff
on wheat that eats up the rise. The
Eugene Guard gives the following as
the new wheat schedule that has been
issued by the Southern Pacific to take
effect on Oct, 20. per hundred pounds
from Lane county points to Portland ::
The Dalles times-mountaineer. [volume] (The Dalles, Or.) 1882-1904, 1896-10-24
Is THIS ANARCHY?

Bryan is denounced by his opponents
as an anarchist, a traitor, repudiator
aud demogogue. If he is an anarch-
ist, he talks like law-abiding citizen:
if he is traitor, he talks like patriot.
In addressing an audience at Sidney,
Ohio, the other day he quoted letter
from Mark Hanna. calling on the
people who intended to vote the re-
publican ticket to hang the American
flag from their windows on October 81.
He then said:
"My friends it is the first time
know of, thatI have ever agreed with
The Dalles times-mountaineer. [volume] (The Dalles, Or.) 1882-1904, 1896-10-24
THE DECOEDUCK TICKET.

The national democrats" who have
induced Palmer and Buckner to put
themselves up as secondary adjuncts to
McKinley's campaign, must gather
considerable consolation in the turn
affairs are taking. Eyen the politi-
clans who are patting them on the
back make no attempt to conceal the
contempt in which they are held.
Col. Bob. lngersoll made a speech in
Chicago the other day, and this is the
The Dalles times-mountaineer. [volume] (The Dalles, Or.) 1882-1904, 1896-10-24

LONDON, Oct. 22-At tho Baltic to-
day the cargo wheat market was dull
at the opening, with sellers generally
Offering at shilling less than yester-
day, and no bids. 1t was reported that
the Berlin wheat market opened with
free offerings, at 3 marks down, and
the market was steady at the decline.
The Dalles times-mountaineer. [volume] (The Dalles, Or.) 1882-1904, 1896-10-24
silver Demonstration in Chicago.

CHICAGO, Oct 2I.-The most success
ful B ya. meeting yet held in Chicago,
except the one addressed by Bryan him
self on ! abor day, wa the gathering to
nj ht il Genital usic hall. 1t was the
first demonstration in this city under the
auspices Of the national silver party.
The orator of the casion was Hon I'm.
Stevens. of Denver, vice chairman of
the silver pa ty. Ev ry seat in the hall
tonight wa. occupied, and the stage,
aisles and an'ero ms were crowded with
persons standing feature ofthe demon
stration was the plentifulness of the
stars and strirss, actcally every per-
son in the hall having one or more flags,
which were waved at each outburst Of
applause.