davidaulloa/AmericanStories huggingface dataset:
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1897-10-28
A Fortunate Adjustment.


In passenger circles the settlement of the
troubles between the Union Pacific and the
Oregon Short-line is looked upon as being
very fortunate, as the outlook strongly
favored general rate war on Pacific coast
business which would reach the roads in
the Western Association. AT least it is
thought it has bettered the conditions for
the Western Passenger Association by in
directly getting the knoJty commission ques-
ton in some measure out of the way. The
recent payments of heavy commissions and
general Generalization of Rates have rightly
or wrongly been ascribed in a great measure
to the action of the Western Passenger AS
ISOLATION. An urgent attempt was made
some weeks ago to induce the Union Pacific
to return to membership in the association,
and the only excuse offered by the road for
remaining out was the trouble over the
Ogden gateway. Now that this is out OF
the way there seems little doubt that the
UEion Pacific will cooperate with the other
roads in restoring rates and stopping ex-
cessive commissions. Whether 1T joins the
association or not, it will be asked to dis
continue the commissions or 20 ana $500
which it has been paying on the business
from the Missouri river to points on the
north Pacific coast. Another commission
matter which has caused the roads con-
siderable trouble is the payment OF 50 COM
mission on Colorado business. The execu-
tive committee took up the question and en-
tertainS strong hopes of settling the trouble.
The payment of this commission is SAID 10
have entirely annulled the recent agreement
of the executive officers not to pay excess
sive commissions on business between chi
cago and the Missouri river. While the
Colorado commissions continued the roads
which did not go beyond the river found 1t
impossible to secure their share OF through
business, and as consequence lgnoreed tne
agreement and commissions of $3.50, SO ana
$3.50 were paid on Missouri river and ST.
Paul business as in the past.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1897-10-28

c. G. Waldo, general manager, and Chief
Engineer Wilson, of the Cincinnati, Hamil-
ton q Dayton lires. were in the city yes
teCday looking over terminals and securing
a map of the Union tracks and the property
they own, with view of utilizing it in To-
eating their new city freight depot. Gen
eral Manager Waldo says the business on
the lines is heavy beyond precedent. From
the Indiana, Decatur a Western they are
getting double the business they were at
this time last year, and their coal traffic
Is simply limited to- cars which can be
furnished. On Monday there we're loaded
for their line for northern points 279 car
loads OF coal. The inspection trip just COM
pleted. Mr.. Waldo says. was a very salts
factory one, and Mr.. Wilson is very con-
fident that the physical condition of the
property was never before as good as at
present. Work on the company's new shops
at Lima is progressing SATISFACTORILY.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1897-10-28

1t is better to take Hoods SarsaparilIa
thar TO experiment with unknown and un-
tried preparations We know Hoods Sarsa-
pafilla actually and permanently cures.
Hoods pills act easily aud promptly on
the liver and bowels. Cure lick headache.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1897-10-28
.FuNERAL nIRECTnns.

FUNERAL DIRECTORS.
FLANNER & BUCHANAN-l72 North
Illinois street, Lady embalmer, for
ladies and children. Office always
cpen Telephone GAL. Hacks at lowest
prevailing price.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1897-10-28

The Interstate-commerce commission yes
terday in opinions by Commissioner Prouty,
announced decisions in the cases of the
Kentucky railroad commission against the
Cincinnati New Orleans & Texas Pacific
Railroad Company and the Southern Rail-
way Company and A. ]. Gustin against the
Illinois Central Railroad Company and
others. In the Kentucky railroad commits
sion rates for the transportation of wheat
in carloads to Morristown and other points
in Tennessee were higher for the shorter
distance from Nicholasville, KY, than for
the longer distance over the same line, in
the same direction, from Cincinnati, o.. but
the rates from Nicholasville are now not
higher than those from Cincinnati. The
commission has decided that the former
rates were in violation of the long-and-
short-haul clause, but that the present
charges are not and that formal order in
that respect should not now be issued
In the Gustin case freight rates from
Memphis, New Orleans and other Southern
and Southwestern points to kearney, Neb.,
made up of rates to and from Omaha were
lawful but no joint through rates were
either denied or did not admit that the
shipment and carriage was continuous and
no proof was submitted by complainant
showing that the carriers make a through
route in fact by their course of business.
The decision was that the commission has
no power to compel a through route and no
issue of law or fact having been presented
over which the commission has Jurisdiction
the complaint should be dismissed.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1897-10-28
To Die CoNrENr AM HAPPY

Use 4earIand' stoves and Ranges.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1897-10-28
FINANCIAL

FINANCIAL.
LOANS-Money on mortgages Z. f. SAYLES
Is East Market street.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1897-10-28
JOURNAL ADVERTISING STATIONS.
THE JOURNAL

BRANCH OFFICES
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1897-10-28
wANTED-MALE HELP.

WANTED-Patents at Central College of Dem
tistry. Everything free. Corner Ohio and Illi-
nois streets.
WANTED-Afen and teams TO work on the grade
of the Columbus & Lima Northern Railway
desirable scraper work to sublet to responsible
parties. Apply at orr office, Beefontiina, o.
FERGUSON CONTRACTING COMPANY.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1897-07-08

\ certain man had the good fortune
to possess goose that laid him gold.
on egg every day, But, disappointed
with the income and thinking to seize
tho whole treasure at once. he killed
the goose. and cutting her open found
her-just what any other goose would
bel
Much wants moro and loses all
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1897-07-08
EVOLUTION OF MONEY.

Unwarrantcd Government Interference
Prevents Easy Transition From One Sub
stance to Another.
Money is simply commodity that is
generally recognized as a universal
equivalent, and its degree of goodness
or efficiency consists in the unanimity of
the recognition of the fitness of the com.
modify used rs money to perform the
essential functions of money. Many
commodities have been used as money,
and they have remained in use as long
as they met the essential requirements
of money among the people where used,
or until some other commodity appear.
ed the fitness of which commended it
self to the intelligence as being superior
to the commodity then being used.
As people have advanced iii discfim-
mating intelligence they have discard
ed inferior commodities and adopted in
place thereof something that was supe-
rior. These changes kept taking place
until finally gold and silver became the
commodities that were recognized by
the people Of most countries as being
the best for use as money. Sociological
transition is constant. Change is the
natural order of things, and changes
come about naturally and are therefore
effected easily, if the natural process is
allowed to go on undisturbed. Trou-
blous friction ensues only when there is
obstructive governmental interference
to delay or defeat the natural order Of
things.
In our own day the stagecoach has
been supplanted by the steam railroad,
and stagecoaches have practically be-
come thing of the past. The tallow
dip was succeeded by lamps filled with
burning fluid or oil, and lamps by illu-
minating gas, and gas by electricity.
These and many other changes were ac-
complished with no serious disturbance
whatever, and so it would be with COM
moditics used as money in the absence
of governmental obstruction. There
would be no threatening money ques
ton in this country today, endangering
the continuity and perpetuity of all
business activity, if the United States
was not engaged in the banking bust
ness.
Among civilized people the days of
usefulness of silver as money, except in
subsidiary forms, are numbered, and
silver is going out of use as surely as
have the stagecoach and the tallow dip,
and for exactly the same reason-ciyi-
lization has outgrown the conditions
which noccssitated its use. No money
has ever come into use at the behest Of
government or because of statutory en-
actments, but solely because of recog-
nized ability to perform the functions
of money. Austin W. Wright in Sound
Currency.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1897-07-08

cher occurs one month earlier than In
Scotland. The explanation will without
doubt be- found in the Scotch practice Of
making payments ON mortgages, inter.
est. annuities. 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 fail, and is due to what we have
come to call moving the crops Its
explanation may be found in the fact
that farmers, as class, are not accus-
toned to make use of bank deposits, and
consequently when payments are made
to them for their crops largely at sin.
gle season of the Year, the surplus over
immediate payments is required by them
in the form of notes-it being unques-
tionably true that in any of our agricul-
tural communities i'll this country the
average farmer has in his possession
during the six weeks following the sale
of his crop a much larger amount of
currency than during the rest of the
year. The result in the aggregate is all
extraordinary demand, such as that
which leads in Canada to an annual ex.
pansion of 20 per cent in the bank cir.
culation.
Undoubtedly the needs for currency
in the United States change about as
much as i'll Canada, but The cost Of buy
ing bonds at Il high premium on which
notes can be issued only to 90 per cent
of their par value, the red tape neces-
sary to obtain these notes from the gov
eminent 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 appreciably
affecting the supply of currency.
In Scotland and Canada the machinery
necessary to increase the supply of cur
rency is simple and is entirely in the
hands of the banks; hence the cost and
delay necessary are much less than with
US. Thus i'll 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 i'll Manitoba when the
wheat crop is being harvested-rates Of
interest begin to rise. The profits of sup
plying currency i'll this province are in
creased, and Immediately additional sup
plies of currency are sent from the big
banks in Montreal, Quebec or Toronto
to their branch banks in Manitoba. Thus
the cost of moving the crops is much
lower in Canada than III the United
States, where rates of interest go up and
down without materially changing the
supply of currency. OF course the farm
ers, 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 are other advantages connected
with branch banks" which it is I'M
necessary to explain here. 1t is sufficient
to say that in Canada there is no silve:
question to disturb business and occupy
the time of politicians and legislators.
1t is not likely that we will have finan-
cial peace until we greatly improve our
banking and currency systems.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1897-07-08
UNITED STATES NATIONAL BANKS.
EXCLUSIVE OF RANKS OWN NOTES on HAND.

These diagrams show that III Scotland
there is about 20 per cent more of cur
rency in circulationsin November than
i'll February In Canada there is 90 per
cent moro currency i'll circulation in Oc-
tober than in May. In the United States
there was only 8 per cent change i'll cir
culation during the two years 1894 and
1895, and the most of this change is &C
counted for not by the changing needs
for currency at different periods of the
year but by the sales of United States
bonds, which made it convenient for
banks to increase their circulation. Mr..
Root thus explains the changes i'll Can.
ada 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 i'll
November, Willie III Canada the former
movement "a entirely absent and the
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1897-07-08
CURRENCY
ELASTICITY.
ikFERIoRlTY OF our OWN AS COM.
PARED WITH SCOTCH AND CANA
DIAM CURRENCY SYSTEMS.

Need For More Money to Move Crops Is
At Once Supplied In Other Countries,
but Not In This Red Tape, Cost and
Delay In Obtaining Currency Make Our
Syfem Inelastic and Increase Rate of
Interest In August and September-Bet-
ter Banking and Currency Systems Alone
Can Rid Us of the Silver Question.
Secretary of the Treasury Window
said III his treasury report for $780,
In my Judgment the gravest defect
in our present financial system is its
lack of elasticity. ~ The demand for
money, in this country, is so irregular
that All amount of circulation which
will be ample during ten months of the
year will frequently prove so deficient
during the other two months as to cause
stringency and commercial disaster.
The crops of the country have reached
proportions so immense that their move
ment to market in August and Septem-
Der, annually causes dangerous alb
sorption of money Tho lack of sufli.
cient supply to meet the increased de-
mands during those months may entail
heavy losses upon tho agricultural as
we'll as upon other business interest"
How hard and inelastic is our present
unscientific currency system, or lack Of
system, is apparent when comparison
is made with the currency systems of
other countries. In Il pamphlet recently
issued by the sound currency committee
of the Reform club Mr.. l.. Carroll Root
illustrates the relative elasticity of 20
different banking systems in 16 different
countries He says:
"The data secured includes weekly OF
monthly statements of the outstanding
circulation Of the leading bank currency
systems of the world. The period GOV.
cred in each case is the two years 1894
and 1895. The method of preparation
of diagrams has been to take the mini
mum circulation Of the period as base
line and to reduce the amounts ON other
dates to percentages of this. II this way
a common measure has been secured,
and comparison of one diagram with
another is facilitated.
We reproduce below three of MI
Roots diagrams which show i'll strill.
ing way the great difference in elasticity
of currenciCs in Scotland, Canada and
the United States.
BANKS OF scoTLAND-TEN BANKs
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1897-07-08
TRUMAN.
For the Iowa County Democrat,

For the Iowa County Democrat
Graduating exercises We're held In
District No. 4, town OF Kendall, Sat
urday, June 20. The exercises were
conducted by the teacher, Miss. Agnes
Streletsky, a lady from Mineral Point
who IL an excellent teacher and Il
highly thought OF by all her pupils
There was two graduates, Eliza Dia'
mond and Almira McDermott. The
graduates wore white dresses and
natural roses. The school room was
beautifully decorated with greens.
After the exercises were over refresh
ments were served. There was very
large audience present and the follow
ing program was successfully carried
out:
Address BY teacher.
Song Welcome"
Recitation" farmer feeds them
all"--Annic Diamond.
Recitation" Duel"--Rosie Nc
Keen.
Essay" Avarice"- Mamie MeKeon
Song -"Daily Greeting"
Recitation Papa Kisses
Recitation Small Boys Troub'
le"-James Connolly.
Song Mount Vernon Bells"
Essay" Modern Procrustes Al
mira McDermott.
Recitation" Where Mothcro--Lot'
tie Lillich.
Song Annie Doyle.
Recitation-"Q Queries Mamie Me-
Kcon.
Recitation ga Boys Punishment y
Willie Doyle.
Song -"The World is Whatwe Make
IT,
Recitation "1'herc's no Place for
Boys Rosie Mckeon.
Essay" influence of Women Eli
IN Diamond.
Recitation Danger In II Kiss y
Ncttic McKcon.
Song =" Beautiful Bird
Recitation ---" Shadows y ~ Jennie
Donahue.
Recitation Gentlemen o. Maggie
Connolly.
Recitation We're Sorry for the
Girls ~ Maggie Diamond.
Recitation "The Orchard on The
IIill'~ Annie Doyle.
Song American.
Recitation Smile Wherever You
Can ~ Mamie Mckeon.
Recitation Gwen DO the Best We
cam Josie McDermott.
Recitation "1'hc Bachelors Sale y
Jennie Donahue.
Valedictory Amira McDcrmoit
Address BY Rev. Norton.
Closing Remarks by teacher.
Farewell Song by graduates.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1897-07-08
Curtains

At reduced prices.
j. j. HANSCoM & Co.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1897-07-08
LEGAL NOTICES.
r. Z. Fielder, Attorney.
NOTICE tn CREnITnnS

GTATE OF Wisconsin, Iowa County Court
- ss.-In Probate.
In the matter Of the estate of Thomas
Kelley, deceased.
Letters OF administration with the will an
nexed on the estate OF Thomas Kelley,
deceased, having been issued to John T..
Logue.
Notice is hereby given, that the creditors
OF said Thomas Kelley, deceased are allow =
and including the first Tuesday OF January,
1893, being the 4th day OF said month, to
said Thmoas Reiley, deceased, to the county
court for examination, adjustment and
allowance.
Notice Is also hereby given, that the claims
and demands of all persons against the said
Thomas. Reilley, deceased, will be examined
and adjustedby, this court, mt the office OF
the county judge, Mt the court house, in
the city OF Dodgeville, in said county, on
the first Tuesday OF February, 1898
Dated this 22d day OF June, 1897.
BY the Court:
CHARLES w. McILHoN County Judge.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1897-07-08

A New Lot
OF Choice Teas, at Spratler's.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1897-07-08
JACOB DRESEN, JR.,
Dealer In
Hay, Straw and Oats.

Delivered nj amy time, on short notice.
Prices according to quality, and satisfaction
guaranteed, Residence Just north Of the u
\. Hotel
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1897-07-08
An Unsafe Currency r,as,,.

Something should be done to place
the currency of the country on uni
form basis. The constant reissue Of the
greenhacks rs often rs received by tho
treasury department. is an anomaly in
finance -Vieksburg Miss. Post
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1897-07-08

4" Last summer one of our grand
children was sick with n severe bowel
trouble" says Mrs. f.. &, Gregory, Of
Frcdcrickstown, Mo. "Our doctors
remedies had failed, then we tried
Chamberlain Collie, Cholera and
Darrhna Remedy, which gave very
speedy relief" For sale by all drug
gists
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1897-07-08
NOTICE TO CREDITORS.

NOTICE TO CREDITORS
GTATE OF Wisconsin, Iowa County Court
y ss.--ln Probate,
In the matter OF the estate OF Abraham
Goldsworthy, deceased.
Letters testamentary on the estate Of
Abraham Goldsworthy, deceased, having
been issued to Robert NJ. Crawford.
Notice is hereby given that the creditors OF
said Abraham Goldsworthy, deceased. are
allowed and limited by order Of this Court
until and including the first Tuesday Of
December 1897, being the 9TH day of said
month, to present their claims and demands
against said Abraham Goldsworthy, de-
ceased to the County Court for examination,
AID justment and allowance,
Notice Is also hereby given that the claims
and demands OF all persons against the said
Abraham Goldsworthy, deceased, will be en-
office of the County Judge, at the Court
House, In the city of Dodgeville, in said
County, on the first Tuesday of January, 1898.
Dated this 18th day Of May, 1897.
BY the Court.
40 CHARLES W. MClLHoN County Judge
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1897-07-08
Uouse md Furniture for Sale.

George Gorgen wants to sell his
house and furniture complete. The
house is in good repair and has five
rooms completely furnished with
stoves, carpets, crockcry, bedroom
and sitting-room suits, ready for use
and In good order. All to be sold
together, cheap and on favorable
terms. Inquire Of George Gorgen.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1897-07-08

NJ. Leroy Beaulieu, the French econ
enlist. writing TO the journal DIES De-
bats, says he considers Japan adoption
Of tho gold standard to he complete
REPUTATION Of tile himetallio theory that
deprecated monetary standard gives
country an advantage i'll International
trade.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1897-07-08
Instrumental Music

Carefully taught by j. w. NJ. Alder
son. For terms enquire at residence,
opposite the Episcopal rectory, Mineral
Point, Wis.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1897-07-08

The Highest Price
Paid for Butter and Eggs, at Sprat-
ler's,
The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1897-03-12

TO BRANCH BARROwS. MRS.
Branch Barrows, his wife. Alice Conk-
lin, ADMINISTRATIVE of estate of John
Rogers, deceased; Mary Rogers, Rich
ard Rogers, her husband; and BENJAMIN
Hill:-
You are hereby notified that at a pub
lie sale made by the City Collector of
Jersey City, on the 18th day of October,
City purchased for the sum of one hun.
bred AMI twelve dollars and s~ixty-nine
cents ALL the land and real estate stu
ate in Jersey City, in the County of Hud-
son md State of New Jersey, fronting on
Larch avenue, which is laid down and
designated as lot ~sixty-five (65), in block
number six hundred n thirty-nine $3.50,
upon an assessment map annexed to a
report numbe seventy-two (72}, made by
the Commissioners of Adjustment" APP
pointed in and for said City by the Cir
certified copy of which report and map
was filed in the office of the City Collec-
tor of Jersey City, on the 18th day of
July, 1891, said report and map and said
sale being made pursuant to the pro-
visions of a act of the Legislature of
New Jersey, passed March S0th, 1856, en-
titled
san Act concerning the settlement and coll
lection of arrearages of unpaid taxes, as
m and water rates or water rents
in cities of this State. and imposing and
and instead of such arrearages. and to
enforce the payment thereof. and to pro-
vide for the sale of lands subjected to
future taxation and assessment"
And the several supplements thereto.
And you are further notified that you ap-
near to have an estate or interest in said
land and real estate, and unless the said land
and real estate shall be redeemed, as pro-
vided in said acts, before the expiration of
six months from and after the service hereof,
a deed for the same will be given conveying
to The Mayor and Aldermen of Jersey City
the fee simple of said land and real estate.
according, to the provisions of the said act.
Dated Jersey City, N. j., February 16,
1897.
THE MAYOR AND ALDERMEN OF JER-
F. F. wANsER,
(Seal) Mayor.
Attest: M. J. O'DONNELL,
City Clerk
(Sale No. 1922
The New JERSEY Title Guarantee & Trust Co.