davidaulloa/AmericanStories huggingface dataset:
The times., 1897-04-16

Senator Burrows, who has been very
active in efforts to aid both Angel and
King, says of the appointment of the for
mer gentleman: THE President has made
an exceedingly wise selection and one
which will reflect great credit upon his
administration. President Angel is a
thorough scholar, a deep student OF inter
national law, and possesses calm, ju-
dicial mind. He goes to Turkey at time
when we need representative there inn
bued with the true American spirit, andtn
this respect 1t would have been difficult
to find better man for the responsible
duties which he is about to undertake
The appointment does honor to the Re
publican party in the State. 1 am de-
lighted with the selection, and am sure
my feelings are shared by people gen
orally"
The times., 1897-04-16

1t is reported on good authority that the
Finance Committee has decided TO make
the duty on Canadian and Mexican cattle
% per ceut ad yalorem, instead or the
specific duty of Sc per head. The al
valore,n rate will, t is claimed, afford suf
ficlent protection TO American cattle rails
err, along the border, while 1t will not be
high enough to materially enhance the
price to the cnnsuitcr. This argument is
Il fair index OF the "headsI-win, tails
yoU-lose' policy OF the protectionists, who
find themselves between two stools ia their
efforts to turn the Government into a pater-
nal institution, and at the same time secure
sufficient revenue to run it.
The times., 1897-04-16

Gen. d. b. Anger. of Michigan. formerly
postmaster OF the city of Washington,
leaves for home tomorrow He has been
here for fortnight doing good and faith
ful work for his friend, Prof. Hamilton
King, for minister to Greece. The Angel
nomination is said TO have destroyed all
hope he had of success, and he has gone
home to confer with the Olivet professor
about something equally as good
1t was a pretty strong undertaking for
one State to try to get both sides Of the
work of representing the Government IN
the Levant during the prospective con-
fliCt between the cross and the crescent
The times., 1897-04-16

Congressman Wellington feels better
He has approved the nomination of Percy O.
Henninghuusen, OF Baltimore, for iuliru: ra-
ton commissioner at the port o I Baltimore
4 his is his first victory and as a sort OF
Waterloo. But he is still little doubtful
as TO whether he has won or lost the fight.
congressman Booze and Mcintyre orgi-
nally recommended Hennnghausen for COM
missioner IL is said that Wellington was
favorable enough to the new commissioner
tut he did not take kindly TO having the
local Congressman reach over him. So he
went 10 the White House and laid d rock
in the wayof the issuance of fthecomnlission
After his wounded pride had been solaced
by blocking the nomination for q week, he
went up yesterday morning and rolled the
rock away, and affixed his name to The
application The President nominated Hen
ninghausen However, the two Baltimore
members are said to be still felicitating
themselves on their priority OF influence.
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1897-09-16
CURRENCY ELASTICITY.
Our System Inferior to Those Of
Scotland and Canada.
Need for More Money to Move Crops
10 at Once Supplied in Other
Countries, But Not
in This,

Secretary of the Treasury Window
said in his treasury report for 1890:
I'm my Judgment the gravest defect
in our present financial system is it's
lack of elasticity. y The demand
formoney, in this country, is so irregular
that an amount of circulation which
will be ample during ten months of the
year will frequently prove so deficient
during the other two months rs to cause
stringency and commercial disaster.
The crops of the country have reached
proportions so immense that their move
ment to market, in Augusta and Septem-
Der, annually causes a dangerous alb
sorption of money The lack of suffi-
icient supply to meet the increased de-
mands during those months may entail
heavy losses upon the agricultural as
we'll as upon other business interests"
How hard and inclastic is our present
unscientific currency system, or lack of
system, is apparent when comparison
is made with the currency systems of.
other countries. In pamphlet recently
issued by the sound currency commit
Root illustrates the relative elasticity
of 20 different banking systems in 16
different countries. He says:
"The data secured include weekly or
monthly statements of the outstanding
circulation of the leading bank cur
rency systems of the world. The period
covered in each case is the two years
1894 and 1895. The method of prepara-
tion of diagrams has been to take the
minimum circulation of the period as
base line and to reduce the amounts on
other dates to percentages of this. In
this way a common measure has. been
secured, and comparison of one da-
gram with another is facilitated."
We reproduce below three of Mr..
Roots diagrams which show in a stri1-
ing way the great difference in elastici-
ty OF currencics in Scotland, Canada and
the United States.
BANKS OF SCOTLAND-TEN BANKS.
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1897-09-16
| 1854 rs S96.
|;
OF BANKS OWN NOTES
ON HAND

These diagrams show that in Scott
land there is about 20 per cent. more Of!
currency in circulation in November:
than in February. In Canada there is
a2 per cent. more currency in circula-
tion in October than in May. In the
United States there was only six per
cent. change IN circulation during the
two years 1894 and 1895, and the most of
this change is accounted for not by the
changing needs for currency at differ
ent periods of the year, but by the sales
convenient for banks to increase their
circulation. Mr.. Root thus explains
the changes in Canada and Scotland:
"For instance, on comparing the cir
culation of Canada and Scotland, the
first thing noticed is that in Scotland
there are two upward movements, one
eliminating in May and the other in
November, while in Canada the former
movement is entirely absent and the
other occurs one month earlier than i'll
Scotland. The explanation will without.
doubt be found in the Scotch practice
of making payments on mortgages, in
terst, anruities, etc, at those dates-a
practice not followed so extensively in
Canada.
"In general single annual move
ment may be said to characterize agri-,
cultural communities. This occurs in
the fall, and is due to what we have
come to call moving the crops It's
explanation may be found in the fact
that farmers as class are not accls-
toned to make use of bank deposits,
and consequently when payments are
made to them for their crops Qargely
at single season of the year) the sur
plus over immediate payments is re-
quircd by them in the form of notcs--it
being unquest!onahy true .that. in any
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1897-09-16

OF our agricultural communities in th:1
country the average farmer has in his
possession during the six weeks follow
ing the sale of his crop much larger
amount of currency than during the
rest of the year. The result in the ag-
gregate is an extraordinary demand,
such as that which leads in Canada to
an annual expansion of 20 per cent. in
the bank circulation"
Undoubtedly the needs for currency
in the United States change about as
much as in Canada, but the cost of buy
ing bonds at high premium on which
notes can be issued only to 90 per cent.
of their par value, the rcd tape neces-'
sary to obtain these notes from the gov
ernment and the tax on circulation
make delay and cost in increasing the
circulation which practically prohibit
an increase until the need for such in
crease is past. Therefore interest rates
in this country run up rapidly in Au-
gust and September without appreci-
ably affecting the supply of currency.
In Scotland and Canada the machin-
cry necessary to increase the supply of
hands of the banks; hence the cost and
delay necessary are much less than with
us. Thus in Canada few big banks
with numerous "branch banks" supply
all parts of the country with currency.
When more money is needed in any
province - as in Manitoba when the
wheat crop is being harvested-rates of
interest begin to rise. The profits of sup
plying currency in this province are in
creased, and Immediately additional
supplies of currency are sent from the
big banks in Montreal, Quebec or To-
ronto to their branch banks in Mani
toba. Thus the cost of moving the crops
is much lower in Canada than in the
United States, where rates of interest
go up and down without materially
changing the supply Of currency. OF
course the farmers, through increased
competition of bidders, who obtain
plenty of money at low rates of interest
and can afford to pay high prices, reap
most of the benefit.
There arc other advantages con-
ncctcd with "branch banks" which it is
unnecessary to explain here. tits suffi-
cient to say that in Canada there is no
silver question to disturb business and
occupy the time Of politicians and leg
islators. 1t is not likely that we will
have financial peace until VIC greatly
improve our banking and currency sys-
TENS.
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1897-09-16
Every New Idea,

That's a good idea, is embodied in tho
construction Of the Burlington's new
"St. Paul and Minneapolis-Chicago and
st. Louis Limited"
Electric light. steam heat, wide vesti-
bules, compartment sleeping cars, buffet
library cars-everything that every other
train has, and some things that no other
train has.
Newest and most costly of the Earth's
great trains. Best too; 50 say the people
who travel on it, No extra fares.
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1897-09-16

The North Dakota farmer will not get
independently rich this season, still be
will not be found wanting. The quanti-
ty is whore tho trouble lies, and in this
section we believe the shortage is large
ly duo to the effects of the louise. Early
in the season, and up until it was ready
to cut, the wheat could not have looked
better. The louise is something new to
the Steele county farmer and is not full.
ly understood.
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1897-09-16
Notice of Lease of School Lands,

The following described School and State
Lands not already leased situated in Steele coun-
ty and state OF North Dakota, will be offered for
lease at public auction to tho highest bidder at
the court house In the city OF Sherbrooke between
the hours Of 10 o'clock a. nl., and o. clock D. m,
OH
Saturday, October z, 1897.
All lands Will be offered in tracts as herein de-
signated.
Nobid will be entertained for less than s per
cent, of the appraised value Of cultivated lands
and | per cent OF the appraised value of unculti-
waited lands. All Quatrer sections having break
Ing thereon, appraised at ten dollars per acre or
over. will be leased for one year only. Cultivated
lands appraised at five dollars and less than ten
dollars per will be leased for period OF three
years. Cultivated lands appraised ut less than
five dollars per will be leased tor period of
five years. UncuItivatel lands appraised at ten
dollars per acre over will be leased for one year
only; all other uncultlvated lands for period Of
five years.
The entire amount OF first years rent must be
paid at the time of leasing. or the tract will be
leased to the next highest bidder. All deferred
payments must be paid on or before the sixth
day Of January in each year.
The board OF University and School Lands re-
serves the right to reject any or all bids.
By order Of the B0ard Of University and School
Lands. Geo. II. Winters, Land Commissioner.
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1897-09-16
"Finest Train on Earth"

That is what Mr.. Pullman says of the
Burlington's new train between Mime.
apolis, st. Paul and Chicago. Finished
throughout in royal fashion, with wide
vestbuled. steam heat and electric light,
and composed of compartment and
standard sleepers. buffet library car.
chair cars and dining car. it is without
an equal in this country or abroad. No
extra fares.
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1897-09-16

A special from Seattle, dated the 11th,
says: The Alaska gold fields have de.
veloped q now phase of interest here.
The talk now, is not of the gold, but of
the people who are there, and of how
they are to be saved from starvation
during the coming winter. The
news brought by the steamer National
City, of the certainty of famine in the
Klondike, has intensified the interest,
and the question now, is not how to get
to the diggings, but how to carry relief
to the improvidepts who have gone to
the gold fields. The feeling is develop.
ing very strongly that it is time for our
government to take some steps for the
relief of the thousands of men, women
and children who are threatened with
starvation in the frozen north.
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1897-09-16
soticc for ruDlIcntion- Final Proof

AND OFFICE at Fargo. N. y. August IA. 1897
named settler has filed notice of his intention to
make final communication proof In support of his
claim: and that the said proof will be made before
". |: Marrey, county judge of Steele county
North Dakota, ut 5herbrOoke, Steele county.
North Dakota on the 2Sth day of September
1897, viz:
WILLIAM A. BOWEN,
under his H E. entry number 2l727. for lot ono
q. .)Of section twenty (2O,) township one hundred
fOrty-fOur Q44) N. of range fftyseven (57 y west,
In Steele county, North Dakota. And he names
residence upon and Cultivation Of sal said land WIZ:
Thomas DOdd, william Neagle, II. A. NOrthr0p,
s. Greenwood, OF Hope postotllce Steele Co., N.
Oak. A. e. SUNDERHAUF
MCMAHON BROS. Register
Attorneys, Hope, N. Oak.
1St puD Aug 49,
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1897-09-16

The day is not far distant when the
North Dakota farmer will bo compelled
to raise less wheat, and more of some
thing else. Diversefy more as it were.
Stock has proved a profitable invest
ment hore. Let us raise more cattle.
sheep and hogs. Corn tco thrives we'll
in North Dakota. This is dandy corn
year. Don't discard wheat entirely by
any means, but about half. Stick to
fax, barley, oats etc.
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1897-09-16

There is one thing every citizen of the
state should patrouize and encourage
the Grand Forks street fair. It is well
worthy OF your patronage and is big
advertisement for the state.
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1897-09-16

Tho initial number of The Finley Col
den Slope sparkles with locals, and Ed
itor Wood has the appearance of a good
newspaper man. which is good thing,
since we haven't any in Steele county.
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1897-09-16
Paper Cutter For Sale.

One A. & H. paper cutter. good as new
One Eagle card cutter.
One Elm City card cutter
Also one double font of Cherry labor
saving furniture, in good condition.
Who wants them?
TIE PIONEER.
Hope, N. D,
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1897-09-16

This paper will continue to be sent till all ar
rearages are paid and 1t is ordered discontinued
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1897-09-16

The Northern Pacific will commence
work at once upon the, erection of new
steel bridge across the Red river at Far.
so. 1t will be four feet higher than the
old one.
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1897-09-16

jess Rose, of Fargo, has got the Klon-
dixie fever bad, and is encouraging
others to get it. 1t is dead wrong, be-
cause there arc enough there now who
will have to be cared for before snow
flies.
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1897-09-16

They say that Hon. L. B. Hanna's new
home down at Page, is one of the hand.
soonest in the state; and why not? Mr..
Hanna is an old pioneer and is worthy
of the best.
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1897-09-16

We are asked what 16 to l means? It
means that the North Dakota farmer
today, gots nearly l6 times as much
money for his wheat, and other produce,
as he did under tho former administra-
ton.
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1897-09-16

Fargo Argus: 1t is too bad that the
newspaper editor cannot be good fell
low to everybody. But if he attempts
1T he will prove nonentity. Stick by
your friends; and your enemies will ad-
mire YOU for it.
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1897-09-16

Our Hoosier friend Hon. NJ. B. Cassell
has fine crop of potatoes again this
year, and at the present price, beats
raising wheat all to pieces.
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1897-09-16

That man never lived; nor never will;
that can conduct a country newspaper
to the entire satisfaction of the general
public.
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1897-09-16

At the meeting of the supreme court
at Fargo last week. twenty-five new
lawyers were admitted to practice in
North Dakota.
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1897-09-16

jamestown fair Sept. 21 to d. Don't
forget the dates.
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1897-09-16

The Lion Is Going.
biologists aver that in 100 years khe
lion will be extinct.
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1897-09-16

Bear in mind the Grand Forks stree
fair Sept %, 80 and Oct. l.
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1897-09-16

Pepper by tho Year.
It costs the world 6 100000 annually
to pepper it's food.
The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1897-09-16
TIte 4tn1teer.
BY CHAS. L. ALLEN.
Subscription 81 so Per Year.
ficial Paper Of Steele County and Town of Hope

Entered at the postoffice in Hope, North Da-
kota. as second class mail matter.
Abilene weekly reflector. [volume] (Abilene, Kan.) 1888-1935, 1897-10-21

ments, and it is reasonably certain
that his former patrons in addition to
many new ones will continue to pat
ronize J. 7. Prendergast.
THE ABILENE MILL AND ELEVATOR co.
This splendid plant was built in
1878 by Mr.. Peter Marx, and from
1882 to 1884 was owned by Messrs.
Stoddard & Humphrey. In 1884 it
was organized under the present title,
Mr.. Stoddard retaining his interest
and Mr.. S. A. Flenner assuming an
interest. Adjacent to and in con-
nection with this mill, is a large ele-
vator with capacity Of 80, 900 bushels.
This mill is model of completeness
in its interior machinery and fittings,
all of the appliances known to modern
milling being used, and the mill is
capable of turning out $50 barrels of
flour per day. This furnishes ready
top market for wheat and grain pro-
Iduced in the county, employs several
Abilene weekly reflector. [volume] (Abilene, Kan.) 1888-1935, 1897-10-21

and the advance ION prices paid to
them has been quite considerable. We
90 not desire to enter into details in
regard to the methods Of business pur-
sued by the Acme Creamery Co. be-
cause such information will be fur
nished upon application by the man.
ayers who can give to those who de-
sire it the complete details Of the
business much more accurately than
the reporter. This enterprise, though
but little more than year old, is a
young giant Of financial interest.
There are between ninety and one
hundred patrons Of this creamery who
receive the benefits OF its disburse-
ments. The butter is sold upon its
PARKER's SHOOTING GALLERY.
This is one Of the most novel and
interesting inventions of the age, and
Mr.. G. W. Parker is to be congratu-
lated that he is the happy possessor
Of this most ingenious patent. Amuse-
Abilene weekly reflector. [volume] (Abilene, Kan.) 1888-1935, 1897-10-21
TIE ACME CREAMERY co.

foreman and butter maker. These
gentlemen have had many years en-
perence in the dairy and creamery
business, thoroughly understand ev-
cry department and feature of butter
making, and have made this institu-
ton success from the very start,
We are reliably informed that the
first annual statement Of the cream
cry made October Isl, 1897, shows they
have paid to farmers and dairymen
about $4,000 during the fiscal year
for milk and butter fat. The butter
made here commands top prices and
it is impo ssible to make enough to
supply the demand. The creamery
has capacity OF 1000 pounds Of but
Ter per day, Besides furnishing q
ready market for milk the creamery
has declared a dividend Of 10 per cent
to stockholders which is made a con-
stitutiOnal provision of the incorpora-
ton letters. In addition to the ten
per cent dividend to stockholders the
patrons receive also per cent OF the
profits over and above the regular
price for milk, This is perhaps the
only creamery in the country that d.
vides profits with its patrons who are
not stockholders. Each month the
accounts are audited and O dividend
struck for the benefit Of the patrons,
Abilene weekly reflector. [volume] (Abilene, Kan.) 1888-1935, 1897-10-21
HORNADAY's BAZAAR.

Mr.. ]. 7. Hornaday in twelve years
Of experience as a merchant Of Abb
lene has built up one Of the most
complete and prosperous retail enter
prises in the city. The stock con-
sists Of the largest line of wall paper
and china in the county, and the
shelves, counters, floors and we were
about to say ceiling are packed and
Abilene weekly reflector. [volume] (Abilene, Kan.) 1888-1935, 1897-10-21
OUR CREAMERlES.
THE BELLE SPRINGS CREAMERY.

lnE 81 hiNNc NhEAMEh1.
Dickinson county has the proud
distinction Of having one Of the
largest creameries in America, whose
products are sold and used from
ocean to ocean, also large shipments
have been made to England and
other foreign countries. This butter
is always sold under its own name as
that Of itself is sufficient guarantee
Of its rare sweetness and purity. 1t
has established and maintained its
reputation solely from the fact that