Pike County press. (Milford, Pa.) 1895-1925, 1897-08-06
Polltloal coasIp.
Silver bullion fell to the lowest
price ever known last weel

price ever known last week
Business in Mexico is in bad shape
owing to the continued fall in the
price of silver, and there is talk Of
going to the gold standard
Wheat goes up aud silver goes
down despite the assertions of silver
orators of last fall that these two
commodities kept pace in the
markets of the world.
"The House sugar rate Is written
IN the tariff bill, not the corruptly
purchased Senate rate. 1t is u great
victory for right. for Justice, and
the people New York World
CDemocraticl
The new tariff cuts worry sevorly
into protection granted the sugar
rehners under the Wilson bill. -
From "Sugar Trade journal, - (ofii-
cial organ of the American sugar in
terests)
If the promise of tho harvest
fields is fulfilled it will be hard for
theorists to persuade a thriving
people that they need monetary
panaceas to keep them out of the
poor-house New York World.
The last week in July, 1897, will,
long be remembered as the first one
under the new tariff law. Reports
from every direction show that the
effect has been instantly effective
both in manufacturing and business
circles.
The solid business men of the
country lying west of the Mississippi
are greatly depressed over the fail
ure Of the Trans Mississippi Con
gress, which was intended to be
useful in a business way, but failed
because of its capture by the silver
politicians.
Sugar relineries and factories will
soon be scattered over the prairies
of the Mississippi Valley in Nay
which promises to make the sugar
trust extremely weary, especially in
view of the fact that it has already
lost the advantages which it enjoyed
under the Wilson law.
The "hold up" of the Dingley bill
in the Senate by the Democrats ant
Populists is the cause of the light
receipts which may be expected un.
der that measure in its first few
months by reason of the enormous
importations that the "hold up" per
mitted the importers to make
1.-THE case of the farmers has Ger
tainly been hard for several years
past. 1t has been principal caust
of discomfort, and the fruitful
mother of wild financial schemes
With that betterment which is nov
so surely approaching, the occupa
tion of the demagogue and The
Utopian dreamer viii be gone. -
New York World.
Australia, which last year pro
duced 643, 600, 600 pounds of wool, is
likely to produce no more than hall
that in the coming season. Hel
sheep are dying by thousands from
starvation on account of shortage in
pasturage, and tho quantity as well
as quality of her product in this
line will be materially reduced, thus
adding to the price that American
farmers will probably get for theirs
An interesting feature of this falls
campaign is the development oi
strength among the gold Democrats.
1t is quite apparent that in every
State where there are to be cam
paigns their organization will bC
much stronger than it was last fall
while the national organization is
pushing work from it's national
headquarters in New York aad will
aid with speakers and by Other
means wherever there are State
campaigns.
The recent increased gold develop
ments, not alone in Alaska, but in
the increased production of mines
everywhere, is hard blow to the
16-to-1 theorists, and, when coupled
with the fact that the prices of farm
products have advanced and tina
crops are plentiful and that farmers
are paying of their mortgages,
must prove very depressing to those
who have insisted that prosperity
could alone come through the adop-
ton of free silver.
"When Mr. Mckinley sent a com
mission to Europe to plead again fol
international bimetallism, two
classes of men confidently prophe
sled ignominious failure Both
must be somewhat discouraged by
the results attained and promised
The hone of intarnatiOna