davidaulloa/AmericanStories huggingface dataset:
The eagle. (Silver City, N.M.) 1894-1???, 1896-05-27

1885 France fixed the value OF silver ut
Sl.33la per ounce. and IN 1903 opened
her mints to its unrestricted coinage at
that ratio. For seventyyears thereafter
France thus maintained an unlimited
demand for silver at that value, and
fixed its price throughout the CONNER
cial world.
Invariably any change in the ratio
was made with the object OF enhancing
the value OF that metal, whether gold or
silver, which was produced by the conn-
try controlling the ratio. Such had
been the policy OF the world until 1878,
when this nation, which was then pro-
ducng SO per cent. OF the silver of the
world and 81 per cent OF the gold, hy
some Occult influence" was deludcd
into legislation which struck Il iata
blow ut one OF It's greatest interests. AT
time when it was in Il position to com,
pei all Europe to acquiesce in IFS valua
tion OF precious metals, and to contro
the finances OF the world, this govern
ment stupidity surrendered to England
An examination of statistics OF the
comparative quantities OF gold and sill
yer which have been produced at differ
ent periods well sustains qhe position
that the supply does not affect the rati,
OF value, so long as there is an uulimiteC
demand ior both metals established ant
maintained bv coinage legislation
From 1893 to 1920, the worlds averag,
annual production OF silver was eigh
times that OF gold in weight, while tn,
ratio OF value was that fixed by legisla
ton, I0s4 ounces OF silver being equiva
lent to one ounce OF gold. From 1919 t,
1850, the average ratio OF weight pro
duCed was 80 6-l0 Of silver to | of gold
while the ratio OF value was / $40 to !
The average annual production OF silve
from 1880 to 1900 was 56 $40 times tina
OF gold, yet the ratio OF value only raise,
to / $40 to /. From l545 to 1910, tn
average annual production OF silver wa
80 l-l0 times that OF gold, and the aver
age ratio OF value was 1870 tol. Dur
ing the following ten years, the averag
annual production OF silver was only !
$40 times that OF gold, yet the averag
value OF gold was increased by legisla
tion to 10 S3-l00 times that OF silver
Owing to the unprecedented productio
OF gold in California and Australia iron
1850 to 1870, the average annual produC
tion OF silver decreased comparatively I
only 8 4-l0 times that OF gold, yet gol
retained its value nj IL 42-100 times thG
The eagle. (Silver City, N.M.) 1894-1???, 1896-05-27

OF silver. Since the closing OF nints to
silver by the United States the average
annual ratio OF production has been lS
$40 OF silver to oi gold, and the aver
aye ratio OF value Of gold to silver has
been 20 6-0 to !. From 1893 to 1880
the average value Of gold was II 3-l00
times llal ol silver, while tie average
annual production uf silver was 81 4 10
times that oi gold.
OF the worlds total production OF
gold from 1883 to 1894, 81 per cent was
produced daring the first ,5S Years or
up to 1870, and 63 per cent during the
ii wears 81 &C 1850; while ~ per cent. ol
the total production Of silver was pro-
duced durlI . lhe same period OF 55S
years and 30 per cent during the period
OF A years. Thus during the ,econd
period as compared with the first perlod,
the production ul gold increased rrla-
/ lively IN almost the exact ratio that the
production Of silver decreased; Vet
with the exception OF very few short
periods, Legislation during the 400 Years
has steadily and intentionally incre ascd
the value OF gold.
From an examination OF these figures,
| it seems that when there was So time dS
much silver as gold being produced the
value OF silver rs compared with that ol
gold was 80 per- greater than when
the production OF silver had become less
than six times that OF gold. So long rs
there was an unrestricted coinage OF
both metals at fixed ratio, the price OF
both gold and silver bullion was practis
cally determined by the ratio so fixed,
uncontrolled hy the amount OF product
ion or by the cost OF production OF either
metal. Ii the value is to he governed
by the comparative quantities OF gold
and silver produced, and the ratio IT s.
100 to was the correct basis during the
35S years, then the ratio during the A
years should have been > 5-ll0 to /, in
stead OF l5la to /, and at the present
time the ratio should be "a TO /.
This law the law OF unlimited de-
mand-was better understood as far back
as the time OF Charles II than it appesrs
to he today in our Legislative halls.
While England held her mints open to
the unrestricted coinage OF both gold
and silver, the crown, from time to
time, fixed the ratio OF their value,
This was accomplished by procamations
}. as to the value at which gold and silver
coins should be reckou,d. 1t was osten-
; sihlv with the view oi ah~orotih" tho
The eagle. (Silver City, N.M.) 1894-1???, 1896-05-27
DEMAND AND SUPPLY.
How it Has Affected the Price of
Gold and Silver,
Some Interesting Facts About the Rates
Between Gold and Silver from
the Earliest Times.

At very early date we find that the
unlimited demand, created solely by
the edct OF nations, was wholly respons-
liable for the price OF both gold and silver
bullion. At no time was the ratio OF
value between gold and silver fixed to
conform to the cost OF production or the
supply OF either metal. In fact, up to
the time OF the rise OF the sherman"
school OF financial economists, the OPP
pOsite had been the policy OF govern
ments. Before the Christian era, " hen
nations had but little commerce, one
with another, the relative value OF gold
and silver varied widely in different
parts of the world. The Hebrews seem
to have accounted silver about one-half
the value OF gold; while other nations
placed the two metals upon an equal
basis. Greece, in the time OF Herodo-
tus valued gold at thirteen times as
silver. In later years, when the produc-
tion OF gold decreased, the Romans
raised the value OF silver to one-tenth
that OF gold.
From the time of the discovery of
America, we have a more accurate re-
cord OF the relative production and value
OF the precious metals. In 1897, the ra-
ito of value OF gold to silver was fixed at
l0A to J. and remained so until the in
flux OF gold from her newly conquered
territory, induced Spain, fifty years
later, to raise the coinage value OF gold
to 1917 times that OF silver. As she
controlled the supply OF the precious
metals, she compelled the other ma
tions to accept both silver and gold at
her valuation. During the seventeenth
century, immense quantities OF gold
which We're received from the East In.
dies, Japan, and Brazil, enabled Port.
ugal to fix the ratio; whereupon she
raised the value Of gold 20 per cent
Owing to the decrease ofthe supply from
these sources, Portugal finally lost hel
prestige. The Spanish colonies in
America were then producing chiefly
silver; and Spain accordingly raised it,
value, in l770, to $l,S0 rer ounce. "
The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-04-09
DIAMOND THEFTs DENIED.
The Number of Jewels stolen De-
eIared Greatly Exaggerated.

St Augustine. Fla, April s.-The St
Augustine special headed. Diamonds
Stolen in Florida" printed in the Morn
ing News Of April 8. was not sent from
here. and does Supt. c. Z. Knott OF the
Flagler hotel system great injustice. in
asmuch as the following includes the total
reported thefts throughout the cas- coast
hotel system this season
Three thousand five hundred dollars
worth stolen from l.. J Camp Ct NeE
York. a guest at the Royal Poinciana, At
Palm Beach. for which $3.50 reward IS
offered. is the only theft reported at the
hotel
Mrs. Henry N. Cutting had $50 in ca-.h
AMI "a brooch Of small value stolen from
her bureau. Several thousands worth OF
jewelry were left untouched. This is tho
only known theft in the Ponce DeLeOn.
Miss Freedom OF TivOli. Hudson River,
y. Y, had some valuable heirloom jew
elry stolen. by means Of pass keys, from
her trunk in "A room at the Alcazar no
tel. The loss and a reward OF $50 was
advertised in the Jacksonville newspa-
pers- This is the only theft known OF az
the Alcazar.
The total estimated intrinsic value of all
the stolen jewels is not over 5000.
Supt. Knott of the I7lagler hotel system
assured the Morning News correspondent
last week that these included all the thefts
known.
Defective McMahon knows every hotel
sneak thief. and that only the two insig
nihcant robberies have occurred in both
is evidence that the Flagler hotels were
not raidcd by crooks. otherwise thousands
Of dollars worth of precious jewels would
not have been left untouched
A certain well known man here promises
upon a guarantee of 81 900 reward to secure
the return of a quantity Of unset diamonds
and the conviction of the thief. who he
also claims has the settings TO which the
gems belong. He also claims that the
Jewels were stolen from guests of the
Ponce DeLeOn, and also that the party
pawning the diamonds visited here last
Sunday. Otherwise, there exists nothing
to prove the rumored raid upon the Flag
Ter hotels.
The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-04-09
TICKET PUNCHERs DANCE.
Ball of the Order of Railway Con-
ductOrs at WaycrOss.

Waycross, Ga, April s.-The order of
Railway conductors ball last night at the
Southern hotel was a brilliant affair. The
ball was given in the spacious dining
room Beautiful decorations had been
prepared for the occasion, ana the dining
room and the hall presented magnificent
appearance. The Sanford Sisters, who sew
eral years ago played at the Sub-Tropical
exposition. and last summer played at st.
Simon's Island. furnished the music. over
one hundred and fifty persons attended
the ball The Plant system sold tickets
yesterday to Waycross and return from
all stations for one fare, and visitors were
here from all along the lines of the Plant
system. An elegant luncheon was served
to the guests at midnight in the hall, af-
ter which the ball was continued until an
early hour this morning. The price of adj
mission was $3.50 for a gentleman and
lady, and the profits were for the benefit
of the sick and disabled members of the
Waycross lodge of Railway Conductors.
The Plant system very generously provid-
ed free transportation for the band from
Jacksonville, and reduced rates to the
public from all stations. and the conduc-
tors appreciate the courtesy.
The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-04-09

BAPTIsTS OF THE STATE.
4 Lively Debate Over the In Grange
Female College.

Cedartown, Ca, April S.--The second
days proceedings of the state Baptist
convention proved rather breezy. The
morning session opened with Mercer Uni
versity the special order, and addresses
were made by DIR. Gambreil, its president;
Rev. II. r. Bernard, DR.. Hawthorne, Dr.
Dorgan and others. The discussion
brought to the surface much oratory and
strong denominational pride The efforts
of DR.. Gambrell and Mr.. Bernard we're en-
Enthusiastically received. The trustees will
be elected tomorrow, over $50 name hav-
ing been put in nomination.
The Southern Baptist convention, which
conVenes at Chattanooga on May S, will
have a large and notable delegation from
this convention. One hundred and twenty
delegates were elected, the personnel Of
which embraces the most prominent Bap-
lists of Georgia in lay and clerical circles.
The afternoon session developed the first
sensation of the convention which arose
over the report of the committee to which
was referred the tender of the Lagrange
Female College to the state convention
DR.. Hawthorne of Atlanta led the opposi-
ton, and was assisted by DR.. Marshall
Judge Freeman and others.
DIR. Nunnally made strong plea for the
acceptance of his college, and was Sec
ended by Judge Langtry of LAGRANGE
Dr. Nunnaliy brought the Manchester Col
lege into the debate, and many sharp pas
Sages were exchanged by the speakers
so spirited and acrimonious was the dis
cussion that President Northen rose and
requested that due regard for the hour
and place be observed by the speakers
The hnal vote sustained the committee by
very close margin.a
At night a missionary rally was held
at which addresses were made by DR. VIII
nngham OF Richmond, DR.. Morehouse Of
New York and others.
The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-04-09
SENATORS AND The SEALERS.
SHERMAN MAKES 4 REPORT on
THE PENDING TREATY.

a Few Verbal Amendments PrOPOs-
ed-One of Them Proposes the Ex-
purgatiOn of the Word award"
on the Ground That the Paris Tri-
bunaI Distinctly Refused 10 Make
an Award.
WASHINGTON. April S.-The executive ses-
sion of the Senate this afternoon was
brief. and besides a few combinations
was devoted to the reception OF report
from Mr.. Sherman. chairman Of the COM
mittee on foreign relations, on the treaty
now before the Senate relating 10 the APP
pointment OF a commission for the assess
ment Of damages growing out Of the SELF
ure of Canadian vessels for violations or
the regulations relating TO the Boring sea
fur seal fisheries. Mr. Sherman report
ed a few amendments which were Or
dered printed.
The treaty viii be taken up in a few
DAYS. Objections were made TO its pres
ent consideration on account Of the Illness
of Senator Morgan, although Senator
Sherman stated that the state depart
ment was very anxious to have the mat
ter disposed Of.
The amendments reported are only YER
bal. and Will not change the text OF the
treaty in any material manner. The adj
dition of four vessels not included In the
statement of facts submitted to the Paris
tribunal. and which were thrown out by
the committee, have been permitted to
stand.
The word award" as used in the treaty.
has, however. been eXpurgated for the
reason that the committee does not agree
with the claim of the British ambassador
that the Paris tribunal made any award
I'm connection with this matter. On the
contrary, they contend that the question
OF damages was not before the tribunal
and that high court Of arbitration eX-
pressly declined to consider any question
relating to damages. Believing that the
word award. if permitted to stanG,
committee has insisted upon striking II
out, and changing the text relating to the
statement of fact so as to read las fOund
by the Paris tribunal" instead of ''as
found by the award of the Paris tribunal!
etc"
The only other amendment of conse-
quence is one that provides that the
commission may sit either in Vancouver
or San Francisco. the original draft of the
convention stipulating that the sessions
shall all be held in Vancouver
Should the Illness of Mr.. Morgan, who,
It may be stated. is antagonistic to any
treaty, be prolonged. IL is believed that
the matter Will be taken up and disposed
Of for the state department has been
urging speedy action owing to the pres
ence in Washington of Sir Stafford North
cote. who is understood to be the En-
glish member of the commission to be au-
thorfzed by the treaty.
The season for sealing is so far ad-
vanced that there is also an additional
reason why the matter should be dis
posed of at the earliest opportunity, and
IL is probable that the disputed subject
may be finally disposed of next week.
The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-04-09
SPECIAL NOTICES.
PROPOSALS. MATTED.

Office Commissioner Of Public Works,
Savannah, Ga. March 81. 1Ss6.-Sealed pro-
pOsals will be received at this once until
y O'Clock noon, city time. Monday, April
IL, 1895, 70 furnish the city OF Savannan
with 1900 square yards. more or less, OF
yitrified paving bricks or blocks. TO be de-
hvered I. O. b. cars, Savannah, or T. o. b.
wharf, Savannah.
The bricks or blocks must be vitrifed.
paving. They shall be OF the very best
quality as TO hardness, tOughness. uni
fOrmity Of shape and size. and non
absorption of water. All brick must be no
mogeneous and compact in structure, free
from loose Jumps Of uncrushed clay or
from Limitations caused by the process
OF more than superficial character or ex-
tent. All bricks or blocks so distorted IN
burning as 10 lay unevenly in the pave
ment shall be rejected All bricks or
blocks shall be free from lime or nnagneSi ia
IN the form Of pebbles. and shall show no
sign Of cracking or spalling on remaining
IN water ninety-siX 1867 hours
No brick or block viii be accepted IN
less II has been proven by practical use IN
one or more cities, for a period OF not less
than two years. and for an area of 800
yards and upward, that IL Is suitable and
durable.
All bricks or blocks must have the i'm
print Of the manufacturers brand. a
sample. consisting of ten or more of the
bricks or blocks, must be delivered at this
office by y O'Clock neon, city time, April
10. portion of these bricks or blocks
shall be subjected TO such physical tests
as the commissioner Of pubic works shall
deem necessary, and the remainder shall
be retained as samples of the material to
be furnished and used. Any brick or
block which does not stand the test salts
factorily will be rejected. and no bid con-
templating the use of the rejected brick
or block shall be entertained. The quality
OF the bricks or blocks furnished must
conform to the samples presented by the
bidder or the manufacturers and kept in
the office of the commissioner of public
works.
The bricks or blocks delivered shall not
differ in size from the accepted samples
of the same make, nor shall they differ
greatly in color from the natural color of
the well burned brick of its class and
manufacture.
The city reserves the right to reject any
or all bias. Envelopes are to be marked
bid for furnishing vitrified brick
HARRY WILLINK. Commissioners
The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-04-09
WORKING HARD FOR CARR.
The Prisoner Apt to BE Again EN-
amined as to His sanity.

Atlanta, Ga, April S.-Gov. Atkinson to-
day received a long letter from DIR. Muir
ply, superintendent of the North Carolina
insane asylum, strongly urging him to
take such action as will not allow the
execution of Alex Carr, the slayer of
Capt H. o. Kirs.
Dr. Murphy was a member of the ex-
pert commission appointed by the gov
ernor some time ago to examine into the
mental condition of Carr. He, together
with a majority of the physicians, believ-
ed at that time that Carr was insane
and the purpose of his communication
10 the governor to-day was to reiterate
that position. DR.. Murphy thinks that
Cars recent change in condition is a
further demonstration of his insanity. and
declares that il would be ridiculous to
say that he has been feigning. He was
too weak minded at his best TO have ac-
complished such thing, DR.. Murphy
says.
Application for a writ of lunacy has
been made to Ordinary Calhoun by Carr 5
attorneys, and the matter will be argued
on Friday. 1t is believed that the or1i-
nary will grant the writ, and the pris-
oner be given a third trial upon the ale
cation of insanity.
The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-04-09
FIELD DAY AT ATHENS.
The Winners of the Various Events
and Their Records.

Athens, April S.-The annual field day
exercises of the University of Georgia
were held this afternoon on the cam
pas. Fully five hundred people were pres
ent. Few college records were broken,
but the records made were all good
Leonard Snider. as manager of the day
contest, and Craig Barrow as captain of
the track athletic team, contributed large
ly to the success of the day.
z. II. Dorsey, Fred Morris and L. B.
A. Nonderleith as starter.
The 100-yard dash was won by w. S.
Cothron in 10 2-5 seconds. the college rec
ord, the same time made by Fred Morris
last year.
The quarter of a mile run was won by
Fred Norris in l minute and z seconds,
which is the college record.
In throwing the 16-pound hammer r.
3; Nalley won on so feet and inches,
which is the college record.
The 120-yard hurdle race was won by
Craig Barrow in 16l5 seconds, which is
the college record.
row, s feet inches, the college record.
In putting the 16-pOund shot G.. w.
Price won on IS feet and 7 inches.
In the 5O-yard dash Fred Morris won in
3-5 seconds.
In the standing jump with belts, ]. c..
Weaver won with II feet and > inches.
In throwing the base ball Craig Barrow
won with 3l7 feet and 10 inches.
Standing jump, without belts-J. C.
Weaver, feet 6ik inches.
One mile rum. c. Hendricks minutes.
Running high jump-C. H. Gray feet
10 inches.
Half Mile Race-J. w. Hendricks min
utes and 80 2-5 seconds.
Standing High Jump-C. H. Black, 4
feet inches.
Threelegged Race-Black and Connerat,
2-5 seconds.
Sack Race. H. Gray. 10 2-5 seconds.
In the hundred-yard dash Fred Morris
came in slightly ahead OF Cothran, but
foul Norris claims his time was 10 1-5
seconds and protests against the award
OF the judges.
The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-04-09
SAM JONES PLEADS FOR HILL.
He Says His Good Qualities Far Out
number His Bad Ones.

Atlanta Ca, April s.-Following close
upon the action of Rev DR.. Hawthorne,
who recently took it upon himself to in
tercede for the noted prisoner, Rev. Sam
Jones has now come to the front with an
appeal to Gov. Atkinson for the pardon
of Harry Hill. The governor received Mr..
one, to-day. He has become deeply in
terested in the case, he says, having
known the festive Harry for years. For
each of his bad qualities or failings, MIR.
Jones says that Hill has a hundred good
ones, that he is noble hearted and gener-
Gus and has suffered intensely for his
crime, and therefore he should be par
work among the preachers to move the
governor. They have led off with DR..
Hawthorne and Sam Jones, and list OF
ernor has also received a letter from a
well known Atlanta lady urging him to
pardon Hill.
The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-04-09
SPECIAL NOTICE.
STANDARD MAKES OF BICYCLES.

The Heating, weighing 10 pounds. and
acknowledged by all bicycle experts to be
the finest and easiest running wheel on
the market. This crack machine out
classes all others-no single make excep-
ted.
The Eagle. with aluminium rims and
mud and chain guards, is a powerfully
built wheel al q and q pounds These
wheels are universally popular and with
few exceptions are the best known BIZ
cycles in Savannah
The Waverley at SIS is the best bicycle
and the most extensively ridden of ali re-
Gently introduced machines. The success
CT the Waverley in Savannah is some
thing marvellous, showing that people
know a good thing when they see 1T. Ask
to see it.
The Warwick-This machine is really
an elegant bicycle. They excel in many
features-Ther tandem for lady and gent
being the very best now to be had. It
weighs only 40. not any more-exactly 40
pounds. The Warwick roadster weighs
% pounds, and is an exceptionally speedy
wheel. Its bearings are splendid and Il
is a favorite in every town.
II. d. & w. LATTIMORE,
Hardware and Wheel Dealers
The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-04-09
CHICKAMAUGA's SHAFTS.
The Georgia Board to Look over the
Ground Soon

Atlanta. Ca, April s.-The Chickamauga
Park Memorial Association met in Gov.
Atkinson's Office this morning and made
the preliminary arrangements for the ex-
penditure of Georgias appropriation for
a monument at the park. The amount
appropriated by the state is $25.0OO Those
present were J. S. Boynton. w. S. Ever
EFT, Gordon Lee and j. Mcintosh KeIl
The board organized by electing w. S.
Everett as chairman, and Gordon Lee
as secretary. 1t was decided that the
board should visit Chickamauga for the
purpose of learning what other states
have done there.
The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-04-09
A BOY FORGER SET FREE.
His Pathetic story of His Family's
Necessities Saves Him.

Atlanta, Ga, April SIT is not often that
a forger, caught in the act, is turned
loose without prosecution and actually
paid on account of his deed.
1t happened in Atlanta to-day how
ever, in the case of a 15-year-old boy,
named VIII Turner.
The boy forged a check for s.. and
presented 1t at the Atlanta National Bank.
The forgery was detected, but the boy
told such pathetic story about the sick
ness and necessities of his family that he
was allowed TO go. and w. p. Inman, who
was standing by during the incident, gave
the lad half dollar besides.