davidaulloa/AmericanStories huggingface dataset:
Martinsburg independent. [volume] (Martinsburg, W. Va.) 1875-1900, 1897-05-01

MAhIlNobOhG. w. VA.
ORGANIZED 1865.
Capital paid in. .................s 500, 10000
Surplus fund. 80, 000. 90
This bank has one of the best and most
conveniently arranged banking rooms in
the State, with new steel vault and tho
Corliss Safe.
A GENERAL RANssINCBUS
iNESS TRANS ACTED.
Collections made on III sceessihIe
points. Exchange on al the principal
cities Of Europe furnished n application.
DIRECTORS
VIM. T. Stewart, A. r. Nj Quilkin, o. d.
LaFevre, ID. s. Griffith Decatur
Hedges, w. w. Nestphal, Nj.
G. Tabler, II. II. Enmert. A.
NJ. Gilbert, L. e. Dsatrick,
Alex. Park.
Discount Day tuesday.
Blank sale notes furnished free on ap-
plication.
Feb, 18th, 1855.
Martinsburg independent. [volume] (Martinsburg, W. Va.) 1875-1900, 1897-05-01

JAMES B. DYCHE,l sa,asmor
FRANK GEYER.
Martinsburg independent. [volume] (Martinsburg, W. Va.) 1875-1900, 1897-05-01
National Bank

MARTINsBURG. w. VA.
ORGANIZED 1895
Martinsburg independent. [volume] (Martinsburg, W. Va.) 1875-1900, 1897-05-01
b. r. THOMPSON & BRO,

H. IHOMPsoN,1 MODERN CLOTHTERS
RoBT s. THOMPSON,
THOMPSON, foaleSmen, ana al pusy
THOMPsON,J
Martinsburg independent. [volume] (Martinsburg, W. Va.) 1875-1900, 1897-05-01

Mr.. j. E. Shinder, of Hagerstown,
will in short time open up steam
laundry on the ground floor of wy
song Hall building. Mr.. Shinder
has had lots of experience in Hag-
erstown and Chambersburg, and it
should be success.
Pike County press. (Milford, Pa.) 1895-1925, 1897-10-22
more Money In oIreuIatlon.

If there was any actual relation be-
tween the quantity of money in ciroula-
tion and national prosperity, we would
now be on a food tide. For more than
a twelvemonth now the amount of mon
ey in circulation in the United States
has been steadily ON the increase. July
/, 1895, about the time the Chicago
platform was in the process Of inouba
ton aud the mouth of the popocrat was
full of demands for more of the oircu-
lating medium. the total money In cir
culation In the United States was S1.-
500, 7s5, 900, making $21. 10 per capita
ON an estimated population of n, ,990,-
600.
Nov. /. 1896, ON the eve Of the cleo
ton, when the people of the United
States were to give their verdict against
debased and deprecated currency, the
money in circulation was 81, 627, 055.
GA, making S22. 63 per capita on an es-
timated population of n. 902, 900.
March 1, 1897, on the eve of McKin-
ley's inauguration, the total money IN
circulation In the United States had
risen 70 the unprecedented sum of a.,
675, 6e4, 95a, making S98. IA per capita
ON an estimated population Of 70. 415.
600.
To fully appreciate this increase Of
the money in circulation in the United
States it Is only necessary to say that
In the last ten months 1t amounted tc
&I05, 069, 1858, OF more than - per cap.
ita Of the entire population.
While the absolute circulation has
passed all previous high water marks
the per capita circulation Is still $1.8o
below that Of 1899. just before the pan.
ic But the per capita Is now higher
than IL was IN 1890 on any year In the
history Of the repEblio prior to that.
TheIl why are the times not as good a
they were along in the late eighties
Simply because good times depend on
public confidence and industrial activ
ity, and not On the amount Of money II
ejaculation. This Il simply the teaching
Of the old proverl , that nimble six
pence Is better than slow shilling, =
J Chicago Tim's- Herald.
Pike County press. (Milford, Pa.) 1895-1925, 1897-10-22

The National Financial school is
the name Of an organization which is
making some Roadway in the middle
northern states and perhaps also in 9th
er sections Of the country Its ostensi-
bic object Is to conduct nonpartisan
study Of American finance. It's pros
peotus, however, contains some express
sions such as restoration Of thorough
ly American financial policy" which
indicates the real object OF the pro
moters. The organization was recontly
extended into Boone county, Ind. =,
where seven financial schools besides
the advance school, and the county
school" are now in operation, each with
presidents. secretaries, instructors and
directors
These financial schools should be en-
oouraged by all sound money me-. and
organizations. There Is no more GER
tain way Of Kidding the country of
the 1o-to-1-er than by educating the
voters on the money question. II the
schools are real schools and not merely
lecture rooDlss there cannot be too many
Of them. AS they are nonpartisan. books
and literature ON both sides of the sill
YER question should be provided for
their use. In this connection the sound
currency committees Of the Reform club,
90 William street, New York CITY. Of
fers to send free Of charge limited
supply Of literature TO the officers of
any Of these schools asking for same
Send for its literature and be ready to
vote intelligently on this question should
tt be up for settlement a. the next con-
gTessional and presidential elections.
Pike County press. (Milford, Pa.) 1895-1925, 1897-10-22

It is IN vain to invoke the authority
Of Jefferson for the coinage OF 80 cent
dollars or any other debasement Of the
currency. Our ''neo Democratic
friends. II they wish to vindicate their
claim 10 the title Of ''old line Dem
ocrats. who have jefferson for their
father, will have 10 abandon their idea
OF free coinage at the ratio Of 10 10 /
or any other arbitrary rate. but II they
will have double standard make It SO
TO /. in order 10 be honest IN the pay
mant OF debts and 10 conform TO the 40
toad ratio in the value Of the two met
ais n tbe marhsts ct the world. a be-
ing. as Jefferson saya. "a mercantile
psobiem altogetheT. - Baltimore Sun.
Pike County press. (Milford, Pa.) 1895-1925, 1897-10-22

IA viii nav silserites who want cheap
monev-tbat is, money ht low rates on
interesb-to study the rates OF interest
charged in gold and silver standard
countries and TO compare the average
rates Of interest ON certain Glasses Of
loens IN sound money states, which
newer fayer repudiation, and In states
which favor free coinage and wh'ch
sometimes favor repudiation on debts.
II IL difficult to get exact figures OF in
terest rates In different states ana coun-
tries. but the statistics obtainable are
not favorable for the farmer who votes
for free silver with the expectation that
n vvould enable him TO borrow money
at low rates of interest
According TO the last census the
average rate of interest on farm mort
cages in 1890 was S,S0 per cent. The
rate has undoubtedly declined since
then, except, perhaps, In certain states
which are voting and legislating against
oapftal. The rate is alec. higher than
that ON most other Glasses of securities.
h Is probable that the average rate OF
lnteress in this country is now consider
obls less than 8 per cenh In England,
France, Germany and many other gold
standard couniriesi II Is undoubtedly less
than 8 per cent We have, however, put
the rate on the barometer at per cent
In Mezioa, Central and South Amer
lean countries and in most other coun-
tries ON a silver basis the rates OF inter
est will probably average more rather
than less than 10 per cent. Statistics on
ordinary loans on farm mortgages are
not available for comparison In these
countries Perhaps the best available
Pike County press. (Milford, Pa.) 1895-1925, 1897-10-22

'sFree Coinage" Demand IL Misleading.
If any advocate Of the free coinage OF
silver dollars OF copper dollars OF iron
dollars at any ratio, 10 to /, more or
less, will agree to stop there and ask
nothing more, for one am prepared to
meet him, and In that way to stop the
present contest. Who would want them9
Not one of these men will consent to
free coinage on those terms. Not one OF
them would be satisfied Not one Of
them would then get what he is after
under the pretext that free coinage and
"equal rights of gold and silver" are all
that he wants. 1 challenge any one to
find an advocate of free coinage at 10 to
Ion these simple terms-that both gold
and silver should be treated alike; that
both gold and silver coins shall be made
for any one who takes the bullion to
the mint to any number that he wants.
challenge any advocate of free coinage
10 deny that free coinage, pure and sim
pie, is not what he demands, and not
one of them will dare to meet this chal-
lenge.
This demand for free coinage Is a
cover intended to conceal the true pur-
pose of those who ask it. Most Of those
who support this measure have been de-
ceived and misled. Let such men pot
the question to any owner Of silver
mines, to any senator or representative
in congress OF to any and every osndi-
date ON the free coinage platform In
the following terms:
''If we grant free or unlimited coin
age, without charge for the coming,
will you demand nothing moreT' Net
man who knows what the true pur-
pose is viii answer "Yes'' to tllaS ques-
tiOn. Edward Atkinson.
Pike County press. (Milford, Pa.) 1895-1925, 1897-10-22
A lawyer in Butler, Mo-, has baptized
his twin SONS Gold and Silver
!. Japsn rlf.y Ysar. Ahsaa o U.a

The expectation of gold under exist
ing circumstances involves no danger
to this country, but 1t is not pleasant
to reflect that the present shipments
are called for partly 20 furnish the sup
ply for Japan. It is less than so years
since we bombarded the heathen Japa-
nese 70 bring him to a realizing sense Of
our higher civilization, and now appar-
emily japan Is 80 years ahead Of a large
number Of our people In that practical
and important development Of oiviliza-
tion which demands that it shall take
100 cents to make dolla. New York
World.
Pike County press. (Milford, Pa.) 1895-1925, 1897-10-22

are those prepared by Professor Irving
Fisher and published in August, 1898,
by the American Economic association.
These show only market or bank rates
of interest in London, Berlin, Paris,
New York, Calcutta, Tokyo and Shang-
hal for a series of years, and of course
these are far below the average rates.
Professor Fisher finds that the average
bank rate of interest from 1876 to 1879
was 8.S per cent In the four gold stand
ard countries and 10.1 per cent in the
three silver standard countries In sill
YER standard countries the rate had fallen
but little, the average for 1904 being
10.7 per cent. In gold standard coun-
tries the rate had fallen over 30 per
cent, or from 8. 3 In 1904. These facts
tend to show that there Is some good
reason why interest is lower IN gold
standard countries They are confirmed
by the further facts that many large
loans and some small ones made In sill
yer standard countries are made pay
able in gold and at rates Of interest far
below those prevailing One Of the al
legged reasons why Japan has changed
from silver to gold basis is to obtain
lower rates Of interest on loans which
she wished to negotiate.
There Is more In this subject of cheap
money than some siiverites dream Of.
The best money is, in fact, the cheapest.
II tho borrower thinks otherwise, let
himCbave hts cheap money and pay the
increased rates of interest charged for It,
Byron W. Holt
Pike County press. (Milford, Pa.) 1895-1925, 1897-10-22

N. Leroy Beaulieu, the French econ
omist, writing TO the Journal des De.
bats, says be considers Japan's adoption
Of the gold standard to be a complete
refutation Of the bimetallic theory that
a deprecated monetary standard gives
q country an advantage in international
trade.
Pike County press. (Milford, Pa.) 1895-1925, 1897-10-22
wednesday, oct. go.

The Catholic archbishops Of the Unit
ed States began their annual meeting
in Washington.
Ex-King Milan Of Servia returned 20
Belgrade for the irst time since his alb
dication in 1889 and the cabinet resign
ed in consequence.
Armed men are searching in the Cats
kills night and day for the four negroes
named Mondore who abducted Kate
Clum, a 17-year-old girl.
Z Captain Lowering has elected to have
his treatment of Private Hammond at
Fort Sheridan made the subject of a
court Of inquiry rather than to be court
martialed.
The steamboat Favorite, with 300
members of the Evans Outing club OF
Brooklyn on board. ran ashore of
Whitestone Point, N. Y. All on board
were saved.
The steamship Kaiser Wilhelm der
Crosse arrived in New York. and a
rough passage was reported. The ves-
sci beat the St. PauFs best record, but
did not equal her own previous one.
The New Jersey state board OF cane
vassers declared the antigambling
amendment recently voted upon carried
by a majority OF S02 and denied a mo~
ton submitted on behalf Of the race
track men 10 send the returns back TO
the county canvassing boards on the
ground that certain ballots had been
rejected illegally.
Pike County press. (Milford, Pa.) 1895-1925, 1897-10-22

Appoint your committees, Mn Reed.
end let the house go to work. e advises
the Chicago Times herald (Rep J.
tive great subjects are now pressing
upon the house for consideration. One
Is the bankruptcy bill aud the other d
currency reform"
Pike County press. (Milford, Pa.) 1895-1925, 1897-10-22

The great disparity between the
banking facilities is seen at a glance.
The six New England states, with an
estimated population (1806) Of $780,
900, possess nearly s7e per capita; the
18 southern states, with 10000, 900
population. show barely @IS per capita.
or ea per cent of the formor. Including
savings banks and loan and trust com
panies the ratio Is materially reduced.
the south showing only per cent of the
amount given for New England. An
alyzing the items given In the last col
umn, as stated in the comptroller's Ia
BILE, it Is found that the states and ter
ritories representing 70 per cent Of the
population have less than 88 per cent Of
the entire banking power, estimated at
80, 700, 900, 900. Maurice L. Muhleman
In New York Herald.
Pike County press. (Milford, Pa.) 1895-1925, 1897-10-22

A certain man had the good fortune
10 possess a goose that laid him gold
en- egg every day. But, disappointed
with the income and thinking to seize
the whole treasure at once, he killed
the goose. and cutting her open found
her-just what any other goose would
bel
Much wants more and loses ali.
Pike County press. (Milford, Pa.) 1895-1925, 1897-10-22

Something should be done TO place
the currency Of the country On a uni
form basis The constant reissue Of the
greenbacks as often as received by the
treasury department Is an apomaly in
finance. -Yicksburg Miss. Post,
Pike County press. (Milford, Pa.) 1895-1925, 1897-10-22
Tuesday, oct. 10,

President Mckinley appointed Frank
c. Partridge consul general at Tangier,
Marocco.
Surgeon General Newton L. Bates of
the navy died in Washington. He was
President McKinley's family physician.
William A. Collins OF the Brooklyn
Bicycle club was arrested at the end OF
century run. charged with stealing a
bicycle.
Sir Edwin Arnold, most widely known
as the author Of THE Light Of Asia"
was married in London, the bride being
native of Japan.
The United States supreme court con-
firmed New York states title to many
thousand acres Of Adirondack land ta-
ken under tax sales.
There are further reports from Lon
don to the effect that England Will not
make a favorable reply to the American
monetary commissioners.
Prominent Cuban merchants and
planters are said TO be arranging a.
movement to secure annexation TO the
United States. believing that no scheme
Of autonomy will be satisfactory.
Frank NJ. Haines. 18 years old. has
disappeared from his home in Brook
lyn, and local tradesmen complain that
he passed worthless checks on them.
Miss Ethel Cowell, whom Haines knew.
Is also missing.
Pike County press. (Milford, Pa.) 1895-1925, 1897-10-22

(1) The money supply of this country
and of the world at large Is not CON
tracting, but increasing rapidly (2)
the low price OF farm products is caused
by increased production, not by contrao-
tfun Of the currency; (3) free coinage Of
silver would not improve the condition
Of any ons and would be the cause Of
great hardships and privations to the
wage earning classes and all persons of
small means.
Pike County press. (Milford, Pa.) 1895-1925, 1897-10-22

sippi and Arkansas as an example, IL
will be found that these have about
1900, 900 population and III banking
institutions, including private bankers,
with total capital Of S17, 100000; to-
tai resources, $40, 600, 900, or a ratio Of
capital 10 resources about to 1-8,
and one banking Office TO 98, 600 Of pop
ulation.
The reason for exorbitant interest
rates in the last mentioned section is
obvious And It will continue to exist
unless some means Of ecohomizing cap
ital, as is done In Scotland is provided
and the storekeeper is compelled by
competition TO reduce rates The comp
troller Of the currency, In his annual
report for 1895, presents table show
ing the banking power of the several
states and territories, from which the
following abstract Is complied, to illus
trate this point more forcibly
AyraAer nANFrNo pOwrn pFR ckvrrt r1urT-
Pike County press. (Milford, Pa.) 1895-1925, 1897-10-22

The schooner Alfred A. was wrecked
off Marblehead, Mass, and two of tho
crew were drowned.
Algernon S. Paddock, who represent
ed Nebraska for two terms in the Unit
ed States senate, died at his home in
Beatrice, Neb.
The city of Windsor, N. s., was all
most completely destroyed by fire, rem
derlng 1900 people homeless. The loss
is estimated at $3,000,0OO.
The coastwise steamer Triton, plying
between Havana and other towns on
the island OF Cuba, was wrecked, and
fully $50 persons were drowned, most
of whom were Spanish soldiers.
Information was received IN Troy, N.
T., of the death in Alaska of II. b.
Tucker formerly of that place and a
son Of Henry OR. Tucker. editor Of the
Troy Press. Young Tucker died from
exhaustion on the trail to Klondike.
The Rev. A. b. Simpson of the Chris
tian alliance collected $4,000 for for
eign missions at three meetings IN the
American theater, in New York One
man contributed his New Jersey farm.
another his library and several women
their jeWelry.
Pike County press. (Milford, Pa.) 1895-1925, 1897-10-22
NEWS OF THE WEEK.

The fifteenth conference Of friends Of
the Indian opened at Lake Mohonk.
Two women were drowned in the
Neverslnk river, in Sullivan county.
NJ
A freight eievatsr at s2s West Forty
first street, New York, fell and seriously
injured two men.
The Swiss national council, by a vote
OF 90 to s, has adopted a bill making
accident Insurance compulsory in the
case Of all persons not having inde-
pendent means Of existence.
Reports were received In London
that an Abyssinian army OF 5000 men
under Ras Mackonnen was annihilat-
ed by Somalis at the end Of June, only
SO men escaping to tell the news.
The organization of the greatest
combination OF window glass makers
ever formed in this country was COM
pleted at Camden, N. j. Pittsburg was
chosen as the general selling agency
Friday. Oct. 10.
Tito Crespo, a son of the president of
Venezuela, died in Paris.
-Four men were killed in collision on
the Canadian Pacific railroad
Thirty race horses belonging TO the
Matquis Of zetland were sold for II, OPT
guiness.
It is proposed to carve out of Alaska
a new territory. 10 be called Lincoln.
with it's capital, Weare, on the Yukon
river
The president appointed ex-senator
John A. Kasson Of Iowa as special COM
missioner TO negotiate reciprocity trea-
ties with foreign countries.
Samuel Enders and Henry Conrad,
who were sent to the Kings county pen
itentiary from Westchester, N. Y, for
larceny made their escape.
Frank Loretto, aged so years, conn
mitted suicide by plunging down an air
shaft from the fifth floor Of a tenement
at 20 Roosevelt street, New York
Saturday, Oct. 10.
President Mckinley reviewed the
parade of the Washington police and
fire departments
Henry Gordon, young mechanic in
New York, on account of lack of work,
offers to sell himself as slave for 800
and his board and clothes.
The British government intlmated to
| ambassador Hay that it would take
| part in a sealing conference in Wash
ington in which Japan and Russia
would not participate.
The warship Yantic, against which
there have been many protests in the
| Canadian press, sailed from Boston for
| Detroit, to be used as the training ship
| of the Michigan naval reserve.
Katie Clum, the pretty 17-year-old
daughter of Henry Clum, a well to dc
farmer Of Prattsville, Greene county
1 N Y, was abducted from her home by
three negroes, Henry, Frank and Mary
| Dorr.
Pike County press. (Milford, Pa.) 1895-1925, 1897-10-22

New Haven. Oct. is-There Is legal
authority for the assertion that a suit
for about $l60.o00 Is to be brought
against Yale college during the month
OF November BY the town OF New
Haven for The collection Of taxes. It
has been rumored for some time that
the matter would be subjected 10 arbi-
tration. but Il Is now understood that
both parties intend TO fight It out. and
the matter win probably come up before
the superior court during the succeed.
ne month";
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-05-23
THE SULTAN INTERVIEWED.
Sir Ellis Ashmead Bartlett Gixes Out the Story of What Abul
Hamd Said
Hamid Said.

, s may The World tomorrow
'ie" " turkey the
on tue war ana the terms Of peace Sir Ellis Ashmend Bartlett
vi me inshsn parliament who / for
"hen 'he SUBJECT oil peace
s"ouu De friends
4oes, OF war VIII
,. inc sultan With his and
we aha not begin
thought OF these things before
- ANN'''N0 ''N' F'N'N>"
sir Ellis suggested that arms have been victorious the
wen "Hou 10 display
u"s 10 'eeee The sultan
Neh government feared public
so "ch mas TO be reoei
not mus ~any
hs suggested
inessy and an indemnity his
cruelty ana unuty
dgnaton throughout m
ewed
anxious peace
INC sultan replied; Though the fault lies
Penei 700 would rejoice
Sir Ellis suggested that mountain
frontier
nus majesty ased TO this by
you think the Greek uch a
AS TO the final he eltvh wlb
An indemnity of a4O0oO0
Greek
ectaon complete
troll the
Whole or partial abolition o
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-05-23
..rhn sccnnd Mnltle."

Rlchmond, Va, May 22.-sehhIors UaTT'V'
and Martin and other conspicuous
ocratlc feeders here in attendance upoa
the State committee last night all asresu
that the State convention VIII heAr''s
indorse all Of the main features OF 'h'
Chicago platform. Free silver they say,
is stronger in Virginia than It was IN IN
last years campaien. This vii be INA mace
the chief issue in the contest this year,
senator Daniel and other cohnoi!ih ~
leaders however, will favor ignoring 'n y,
government by Injunction" ana me use o.
military planks OF the last Natlonsi pa
form. These features, they consla.a ian q,r
unnecessary for the virginia convention
to indcrse this year
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-05-23
PICTURES OF THE FIGHT.
First Verascope Exhibition Was Z
Decided Success.
f0uLlNG OF CORBETT is NOT SHOWN
Final Scene Was Not Very Good, hat
the General Opinion Was No
Foul Was Committed.

New York. May 2c.--Thc instantaneous
Photographic production OF the Corbett-
Fitrsimmons fight was presented the first
time tonight at the Academy OF Music. A
large white cloth was stretched across the
proeccnium arch and the figures wee pre-
scented thereon In life size. The academy
was crowded TO standing room and those
prevent saw an accurate reproduction Of
the contest.
The chief interest centcrcd In the ques-
t'on as to whether Fitsslmmons fouled
Corhett In the last round while Corbctt
WAS down Tho presentation on the screen
was 80 vibrant and unsteady. however.
that no accurate Judgment OF the point
could be decided. particularly rs Fitz-
simmona' back was toward tho camera
when he struck tho final blow The zen
eral opinion MAS that no foui occurred
Tho spectators, after Coraett was pic
tured as down, cried out. Where was the
toWl. whore was the foul?"
This was accompanied by shouts Of
There WAS none. there was no FOUL
The presentation as whole Was Won
dcrfully vivid