davidaulloa/AmericanStories huggingface dataset:
The Mitchell capital. (Mitchell, Dakota [S.D.]) 1879-1918, 1897-07-09

of last year. The fact thnt large numbers
of Democrats in every State where cam
paigns are to take place this fall are re-
fusing to support the free coinage of sill
yer. and that many members of that par
ty in Congress and elsewhere are aban-
doning free trade and supporting high
protection, has rendered q further alli-
ance of the two parties improbable. Mr..
I. B. Rankin. a prominent member of the
Populist party in Ohio. in Il recent in
terview, said: 'The object of the or
ganizaton of the Populist party was to
secure needed reforms. not to stab the
Democratic or Republican parties. was
opposed to fusion last year. and am still
more opposed to it now"
The Mitchell capital. (Mitchell, Dakota [S.D.]) 1879-1918, 1897-07-09
1continued from preceding paee.l
n INEsS IMPROVING.
-9=@5 EVIDENCE FROM EVERY
FART OF THE COUNTRY.
democratic and Republican Journals
Vie viii, Each Other in Assurances
Of Returning Business Prosperity
Reports frou All Directions.
History May Repeat.

Twenty years ago, in 1877 the country
u.os enshrouded in the gloom of a busi-
ness depression. consequent upon the pan
ic of 1873. There We're plenty of prophets
who predicted that the times would never
get any better, and the mass of the peo-
nle were discouraged and about ready to
concede that the prophets of evil were
right.
But in the fall of 1877 signs of improve
ment began to appear. The general the
ory was that more hopeful feeling was
induced by the approach of the date for
the resumption act to go into effect.
There was no doubt something in this
theory; nevertheless plenty of Estates
men, were found who asserted that re-
sumption would be failure, and that
business would be injured rather than
helped by the attempt to resume.
But in spite of all the talk. the times
continued to improve steadily. They
were much better in 1878. and in 1879 the
rising tide assumed the proportions of
something like a boom. Some of cur Min
neapolis people who carried real estate
through the period of depression, and
nearly broke their backs doing so. will
remember that by 1880 it was salable at
advanced and advancing figures. In the
next few years the prices of realty here
and elsewhere i'll the country reached the
highest prices ever known before or
since.
The history of this country appears to
show that panics and recoveries run in
about twenty-year periods. There was
the panic of 1873. followed by five years
of depression; the beginning of recovery
in 1917; the full tide of recovery in 1879,
followed by a period of prosperity lasting
until 1892 Then came the panic of 1893,
followed by the period of depression
which we are now experiencing. To
some there are as yet no signs of improve
ment discernib!e, while to others there is
already faint glimmer of dawn Many
are looking forward to the passage of the
tariff bill as the starting point of new
period of prosperity. But whether from
that or some other cause or causes, it is
quite probable that history will repeat it.
self, and that in the fall of the present
year. or the beginning of 1895, we shall
witness a notable Improvement, followed
by perhaps ten or dozen years of great
prosperity.
The cycle. is nearly completed. We
have experienced nearly five years of de-
preston since the election of Cleveland in
1892. 1t is about time for change in
the natural order of things
The Mitchell capital. (Mitchell, Dakota [S.D.]) 1879-1918, 1897-07-09
Disappointment fShr Popocrats

Disappointment follows disappoint-
ment among the Popocratic leaders. Not
only are they disappointed in the fact
that the Republicans have presented a
solid front on the tariff question and fail
ed to quarrel among themselves upon cur
rency, or any other question, but they are
even more distressed to find their own par
ty falling to pieces on the question of pro-
lection as well as silver, since their vote
against the protective features of the tar
iff bill is growing weaker daily, while
their arguments in behalf of free silver
are being disproven by every weeks de-
velopments since the election.
The Mitchell capital. (Mitchell, Dakota [S.D.]) 1879-1918, 1897-07-09
Politicians Working Country peopre

Politicians Working Country PeopIa
Ihe dangerous characters who were last
rail- hired to stir up dissatisfaction and
sow seeds of anarchism and riot in the
cities ere now being sent through the
country districts for the same purpose.
They travel in gaudily painted wagons,
bearing false or misleading quotations
from distinguished men, which are dis
torted into apparent support of the free
coinage of silver, which is now worth less
than one-half what it was when these
utterances are alleged to have been made.
70 conceal their real purposes these men
profess to be obtaining subscribers to
free silver publication, with which is fur
nlshed copy Olga book by Coin" Har-
vey, whose writings are now recognized
as not only untruthful and misleading.
but purposely and maliciously so and an
imposition upon those before whom they
are placed. This attempt to distribute the
seeds of distrust, anarchism and riot in
the agricultural communities for the pure
~ selfish purpose of making a market
for the property of silver mine-owners
and placing few politicians in office de-
serves the contempt of those upon whom
it is being imposed. 1t is of the same
class as that by which the tin peddler
wagons spread falsehood through the
country il the Congressional campaign OF
1880, but is vastly more dangerous to
the country from the class of employed,
the doctrines they disseminate and the
desperate schemes of those who support
them in this performance. The silver.
mine-owners and their political allies have
resorted to this new device to deceive the
people. who are. however, rapidly discov-
er1ng the impositions they practice.
The Mitchell capital. (Mitchell, Dakota [S.D.]) 1879-1918, 1897-07-09
Export Bounty on Farm Products

AIAPSAS 4SouhSy oh Iou uCUS.
The proposition for bounty on staple
agricultural exports is not new subject.
1t is departure from the protective pol
icy. 1t has been considered for some
years by the farmers especially by the
members of the National Grange, where
it has been fully discussed but not vet
indorsed by a majority of that body. Some
of the propositions seem to be favorable,
but it is doubtful whether the giving of
bounty on agricultural products would be
beneficial to the farmer. There might be
some temporary benefits, but if it stimu-
lated production the effect would be dis
astrous to the farmer What troubles the
farmer now and makes low prices for his
productions is the fact that he is now
producing more than the market will read
lily absorb of certain commodities. So
long as he continues to do this he must
be content with low prices. If this boun-
ty should stimulate the production and
increase the surplus offered in the mar
kets of the world, it would have the eff
feet of decreasing the price received by
the farmer rather than increasing it. AS
l said, it is departure from the policy
of those who believe in protection The
protective policy advocates the encour-
agement of production in those lines
where we are now not producing enough
to supply our own people, but are depend
ent to an extent on foreign countries for
our supply. This proposition does not
have such purpose. 1t proposes simply
to donate to the farmer certain bounties
on products exported, and it is doubtful
whether it would at the most have more
than temporary beneficial effect, with
tendency to bad reactionary results
From interview with Assistant Secretary
of Agriculture Brigham.
The Mitchell capital. (Mitchell, Dakota [S.D.]) 1879-1918, 1897-07-09
DIDN'T KNOW iT WAS LOADED
The Sugar Trust screamers Find Their

The Sugar Trust Screaners Find Their
Attacks Reacting on themselves.
There has been some especially sharp
talk i'll the Senate and some of the people
who are seeking to make political capital
by throwing dust with reference to the
pending tariff bill have suddenly dis
covered that there are two sides to almost
any story. Two or three Democratic
leaders seem to have reached the conclu-
sion that they could once more fool the
peopls. and that their most convenient
way to do it would be to charge that the
sugar schedules of the tariff bill as agreed
upon by the Republican caucus were fa-
Vorabie to the sugar trust. So they pro-
ceeded upon the stop thief" plan to make
all sorts of malicious charges of this kind
taking advantage of the fact that Repub-
licans in the Senate have been refusing to
discuss any features of the bill not abso-
lutely necessary to be explained simply
tor the purpose of gaining time and get
ting the bill through as promptly as pos
slble. The gentlemen have found, how
ever. that there is limit to the endur
ance of the public who are being imposed
upon with this sort of falsehood. and the
newspapers of the country have suddenly
revived the fact that the very men who
are now shouting sugar trust With refer
eneS to the pending tariff bill are the
ones under whose guidance the "per-
tldy and dishonor" bill of 1894 was franz
ed and its sugar schedule so shaped rs to
create the greatest scandal that has been
known in political history in many years.
Attention is called to the fact that the
three men, Senators Vest. Jones and
Mills. whose mouthings about an increase
IN prices of sugar trust stock as result
OF the pending tariff bill have been the
features of the week. are the very men
who framed the sugar schedules Of the
Wilson bill under which sugar trust
stocks advanced &C per cent. while the
advance during the entire considerat ton
of the present bill is only 6 per cent and
this mere incident of the general ad-
vance which has been strongly marked
meantime in all stocks. That the three
men whose manipulations in the schedules
of the Wilson bill caused an advance of
66 per cent. in the price of sugar stocks
should now be screaming like madmen
because sugar stocks have increased per
cent. during the consideration of the pres
ent bill would be unaccountable but for
the fact that they are apparently doing it
to not only make political capital against
the Republicans but at the same time
conceal as far as possible their own rec
ord in this very line.
The Mitchell capital. (Mitchell, Dakota [S.D.]) 1879-1918, 1897-07-09
Some Free Silver outcasts.

Some individuals, who bolted the Re-
publican party last year and voted for
Bryan. held meeting in this city and
organized what they call "The Silver Re-
publican Party of the United States
For some reason they do not care to join
the Populsts or the free silver Demo-
Gratis. They seem to think they will have
better chance of picking up offices if
they have distinct organization.
These boilers cannot be prevented from
forming new party, but in doing so they
ought to state clearly to the public what
it's principles are and what reason there
is for its existence. That has not been
done. EX-Congressman Towne declares
that
This is movement that has taken
deep root. and will grow until the restora-
tion of silver to an equality with gold has
been accomplished
What is this equality that Towne and
his associates are going to devote the
rest of their lives to securing? Does he
intend to say that the time will come
again when sixteen ounces of silver will
exchange everywhere for one of gold?
Towne should look the facts in the
face. The price of silver, which was 13O
cents an ounce in 1870. is GO cents now.
In spite of the low price the silver miners
of the United States put 56,0oO,000
ounces on the market last year and made
money at the business.
The demand for silver by silver stand
ard countries is decreasing because the
number of those countries is diminishing.
Japan, the most progressive of Asiatic
| nations, with a population of Al 100000,
has adopted the worlds gold standard.
Peru and Bolivia, though slver-producing
| countries, are preparing to do so.
Does Towne really believe that his lit
tie movement" will be able to raise the
purchasing power of 81 grains of silver
until it becomes equal once more to the
! purchasing power of twenty-three grains
of gold? 1t is difficult to believe that any
intelligent man who knows what the
present silver production of the world is,
and how much more cheaply it is pro-
duced than of old, really imagines any
thing of the kind.-Chicago Tribune.
The Mitchell capital. (Mitchell, Dakota [S.D.]) 1879-1918, 1897-07-09
A Currency Com mission Urged.

A currency commission which shel!
frame a plan for the general revision of
the currency system of the United States
seems likely to be the next step of the new
administration, after the passage of the
tariff bill. which will probably take place
before the end of the month. ht is I'M
derstood in Washington that the Presi-
dent will, as soon as the tariff bill passes
the Senate, send special message to Con-
gress urging the creation of commission
which shall devise a plan for the general
revision of the currency system of the
country in time for consideration by Con-
gress when it meets in its regular session
five months hence
The Mitchell capital. (Mitchell, Dakota [S.D.]) 1879-1918, 1897-07-09
Most Encouraging for Years,

In broad way last week was one of
the most encouraging in business circles
that this country has experienced for sew
eral years. The general outburst of con-
hdence in financial circles was reflected
IN the course of the stock markets. which
We're bullish from start to finish. The
reassurins utterances of the President
and the leading members of his cabinet
produced very favorable impression:
but beyond that it was seen that a number
OF encouraging factors We're in evidence.
1T was perceived that the price of iron
had gone up; that railroad earnings were
increasing; that money was in ample sup
ply for all legitimate purposes; that the
gold exports had dwindled to a mere moth
ing and that the prospects of q speedy en-
actment of the tariff bill We're daily grow
ing brighter. This induced buoyant
tone in the prices of all.-Minneapolis
Tribune Rep.).
The Mitchell capital. (Mitchell, Dakota [S.D.]) 1879-1918, 1897-07-09
Freed from the SLOUGH of Desnond

Occurring separately, the increase in
leans and the decrease in failures would
be encouraging, but coming coincidental-
ly. as they do now, they tell story at
which the country should felicitate itself.
The expansion in the one shows that bust
ness is on the increase, while the con-
traction in the other proves. that business
is carried on under better conditions than
prevailed recently This is q state of
things which justf6es financial confidence
and cheerfulness. The country is not yet
entirely out of its slough of business de-
spond, but it has advanced so far in that
direction that its complete extrication cam
not be long delayed.-St. Louis Globe
Democrat.
The Mitchell capital. (Mitchell, Dakota [S.D.]) 1879-1918, 1897-07-09
Riffs in the Clouds.

secretary Gage, who recently talked
WI Mith the members of the Commercial
Siuos in session at Cincinnati, all of
WON We're representatives of the great
BUSINESS interests of Boston, Chicago
NIncinnati and st. Louis, made the reas-
sHFlAs statement in Washington that they
,epofted better business feeling than
4S'u been noted for some time, which they
!Vsafded as a forerunner of permanent
..1lilfoTement. - It is worthy of note that
Icy reflect the common judgment of busl-
-sSs ilrms whose transactions are SO wide
spread that they are fairly symptomatic
d!e pulse of general trade. Nor on
view of the whole field is it unreasonable
20 think that there may be lifting up
The Mitchell capital. (Mitchell, Dakota [S.D.]) 1879-1918, 1897-07-09
Populists Want No Fusion.

continuance of the fusion of last fall be-
tween their party and the Democrats.
The uncertain attitude of the Democratic
party on the two great questions, protec-
ton and silver is the cause of this un-
willingness to continue the unholy alliance
The Mitchell capital. (Mitchell, Dakota [S.D.]) 1879-1918, 1897-07-09
Moving with Caution.

Every side of the Cuban question is be-
ing considered by President Mckinley
now, and course of action is likely to be
indicated in the hear future. The import
ance and gravity of the issues involved
and possible consequences of mistake
are so great that the President and his
advisers axe moving with the utmost
caution, as any judicous citizen would
do if such grave responsibilities were
placed upon his individual shoulders.
The Mitchell capital. (Mitchell, Dakota [S.D.]) 1879-1918, 1897-07-09
Antics of Jones, Vest, and Mills.

Senators Jones, Vest and Mills didn't
know it was loaded. They began shout
ing about q small advance of about per
cent. in the value of sugar trust stocks
simultaneously with a settlement of the
sugar schedule by the final action upon
it in the Senate caucus, but had evidently
forgotten that when the tariff bill was in
their own charge, in 1894, stocks of this
same sugar trust advanced 55 per cent
in value during their manipulation of the
bill.
The Mitchell capital. (Mitchell, Dakota [S.D.]) 1879-1918, 1897-07-09
Their Theories Exploding.

If farm prices do not stop advancing
and silver prices do not stop their down
ward course, there will be nothing left to
sustain the chief theory of the free coin
age orators of last fall that prices of
farm products kept pace with those of sill
yer. Leading farm products have in
creased in price fronf 80 to 100 per cent.
since this beautiful theory was exploited
on the stump last fall. while the prise of
The Mitchell capital. (Mitchell, Dakota [S.D.]) 1879-1918, 1897-07-09

sn.t D. fhe clouds even in advance of the
,da,. ploper legislation" which the Secretary
,osiss ,oohs Tor. .o The passage of the pendinr
u'riil .'';,, oill' whatever may be its conditions
W. mi4 give the country truce on that head;
,h ehe promise of the grain fields is most
eeflhg' tina and though the currency eues-
n1in ,lGn awaits solution, it is far less com
thies'tea with the menace of free silver
paal 1ns'n II was SIN months ago.-Philadelph
The Mitchell capital. (Mitchell, Dakota [S.D.]) 1879-1918, 1897-07-09
Good Prophets in the Northwest.

Good Prophets in the Northwest.
In Minnesota and other States of the
Northwest the spring opens with the
promise Of abundant crops, especially of
our leading staple, wheat And in spite
of the low prices now prevailing there is
every ground, as shown elsewhere, for
believing that our farmers will realize
fairly good prices for their crops. This
will almost certainly stimulate the ac-
tivity of trade and industry in the cities,
so that by next fall. with the aid of the
new tariff. it is pretty safe to anticipate
a restoration of wholesome business con-
ditions. Minnesota. therefore, is in full
sympathy with the cheerful prognosti-
cations of Mr.. Gage.-St. Paul Pioneer
Press.
The Mitchell capital. (Mitchell, Dakota [S.D.]) 1879-1918, 1897-07-09
From High Authority.

The statement of failures in May by
branches of business gives much encour-
asement. In amount of defaulted liabil-
Ties the month was the smallest since
September, 1885, in manufacturing la
bilities the SMALLEST since November. 1895,
and in trading Liabilities the smallest
since September (eNceptmg the last
month"; 1891. Failures of general stores
have not been as small in any month as
IN May, 1887; in only two months out of
tAirty-siX have there been smaller failures
III books and hats; only five in groceries;
and not enc trading class in that month
mas reported failures larger than the
ha4t during preceding months. though in
furniture failures are rather numerous.
n clothing manufacture the month was
the smallest except four out of thirty-siX,
except five i'll chemicals, six in woolen
goods. seven in machinery, lumber and
miscellaneous manufactures, and exceed
ed the average only in iron and cotton
goods and earthenware, owing to a few
failures of exceptional size. Nobody can
mistake the meaning of such returns.
Inc statement that, except for the tenn
perary depression in prices, the volume of
business transacted is now larger than
It was in 1S92-the year of greatest pros
perity-has been questioned by some. But
a comparison of prices this week in the
leading branches of manufacture not
only confirms that view, but shows
remarkable similarity to the course of
prices in the earlier months of 1879, when
the most wonderful advance in production
and prices ever known in this or any
other country was close at hand.-Dun's
Review.
The Mitchell capital. (Mitchell, Dakota [S.D.]) 1879-1918, 1897-07-09
Distinguished Business Men Speak.

Distinguished Business Men Speak.
The New York Mail and Express last
week published interviews with three men
Prominent in business and finance just as
they We're about to sail for Europe, with
the following result: George ]. Gould
sad: Everything is on the up grade and,
50 far as l can see, the signalssare set
lor clear track ahead. The Improve
ment, whether it be in Wall street or else
%Aere. is coming slowly, it is true, but it is
oetter that it should move along slowly,
because it will be more lasting and salts
factory to all concerned" Andrew Car
Aes2e said: 81 believe business in this
country is actually beginning to perma-
Aelty improve. The outlook is excellent
%Ad expect to see very busy times when
! return" Chauncey M. Depew said:
hat shall tell them (foreigners) of the
outlook: Well, L shall tell them that it
seems to me we have crossed the Rubicon
nat ahead of us now are good times
business activity, general prosperity
The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-10-29
wEYLRR TO SAIL

From Havana To-Day-PopHlHr Demon-
. ,ati0n In hla Honor-InSurgent De-
feat.
HAVANA, Oct. 2S.-General weyler
will leave Havana tomorrow on tho
Montzrat. He will be accompanied on
ly by his general staftofficers and aides
de camp, There will be no other pas
sangers on the steamer.
At 3 o'clock tomorrow afternoon pre-
vlous to the embarkment OF the gener-
al, there will be a great popular mani
festation IN his honor. The volunteers,
according TO the programme, will take
a prominent part In the demonstration,
Il is announced from Spanish head
quarters that local guerrilla force of
Pinar del Rio has surprised two ipsur-
gent camps at Plco, and Pajaro, prov
ince OF Pinar del Rio, resulting In the
killing OF the insurgent major. Antonio
Socaras, q well known leader, Lieuten-
ant Vicaste Lopez. and several other
insurgents. In addition. Captain Saia.
three officers and ten privates belonging
to the insurgent force, commanded by
Perico Delgado, were captured by the
guerrillas.
The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-10-29

JEFFERSON CITY, Mo-, Oct. 2S,-
Two territory gangs OF outlaws are
contemplating bank robbery some
where in the southwest according to
the following letter from Hook Thomas,
OF Guthrie Okla. received by Governor
Stephens to-day through state Senator
HhSoll, OF California, Mo, 10 whom
Thomas originally sent IT. "'Dynamlte
Dicks gnng and the Jennings gang OF
bank and train robbers are out on a
raid and they arn going TO have money
az any cost. II YOU have any friends In
the banking business nlohg the borders
OF Arkansas Missouri and Indian ter.
ritory You can tell them sny to look
out" Thomas ls said TO be n reputable
citizen and to have considerable knowl-
edge OF the dolngs OF the gangs IN
question.