davidaulloa/AmericanStories huggingface dataset:
The times. [volume] (Richmond, Va.) 1890-1903, 1898-12-22

5.4I@54S. April. $50: May. %; June.
5.5,. July. 800. August, J.up, September,
spot cotton closed quiet. middling up
lands. 1876; do. gulf. l-io' safes Old
bales.
COTTON-Qulet: middllng. 1916; net
receipts. - bales. gross, 2,u-s bales sal.s
5lg bales. stock, $3.50 baics' eNp"''S ~
Great Britain. In bales. 800, 49,.
Total to-day-Net receipts. a. ~ oaies.
exports 10 Great Britain. 'e.'iS paits,
exports 10 the Continent, lt-.'l pdieh'
Consolidafcd- receipts. .5S.o54 bales:
exports 10 Great Britain. lipwti nales'
10 France. 1880 bales: to the Continent
y SD bales
Total since September lst-Net receipts.
5.3f3. Sl2 bales. exports 10 Great BIiialn.
1.gi5.Oa7 bales: 10 France. 2in5o bales;
10 the Continent. 137i.55G bales.
NEW ORLEANS. Dec. 2l.-coTTQN-
Futures steady. December. 300 BID, jan
nary. J.oOHJo2. February, Jo1nl.oi;
March 51OH511: April j1G0j17: May.
52005.30. June 5.2jff5.2G. July. 32m53i
August. 5.21ffl.31; September, 12s BID
October. - BID.
LIVERPOOL. Dec. 21.-COTTON-spot
quiet. prices UNCHANGED. American mid
ding 3-:i2d.. the salos OF me day We're
5000 la -. of which 600 were tor specu-
lation and export. and included 1000
American: receipts. 5000 bales including
T.; lOp American.
Futures onened quiet. with n moderate
demand. and closed sfeqdv ~ the de-
cline American midd'inc T. IN. g.. Dc
ccmlcr. 1-G4 SELLERS. Dccombcr and
january. 3 1854 sellers January and Feb
ru9rv. 1-Gl03 2-Gi buyers. February
and March 2-G4 buyers. March and
April % 3-Gt SELLERS. April and May.
f-cf. oilers. May and juno. i-Giff
SCI. buyers. June and July. . --iiff
G-G+ sellers: july and AUGUST. 9 G-'4.
huvers. AUGUST and Sortember 3 G-G4N
7-il buyers. September and october.
G-Gi03 7-Gi buyers. October and No
vember. 3 G-Ci03 7-Gl. buyers
The times. [volume] (Richmond, Va.) 1890-1903, 1898-12-22
NORFOLK'S PUBLIC BUILDING.
Work Commenced by the Contractors
Other Government Work.

NORFOLK, VA, December Y.-Spe-
ciaI.-Work upon Norfolk's new public
building was begun this morning under
the superintendent Of Mr.. ii. 5. Weaver,
representing the CONFERENCE.-The Nell
waine- Unkefer Company, Of Pittsburg'
Pa.
A board fence twelve feet high VIII be
erected around the Plume street lot, ana
work will begin shortly insiie this cor
raj.
The same company IS building at 81
Julian's creek three brick store-houses
for the government These are JOxl5o
feet square. one story high, and Will be
used for the storage OF projectiles.
Al St Julian's creek. IL will be re-
called. the government magazine Is To-
Gated
The times. [volume] (Richmond, Va.) 1890-1903, 1898-12-22

hotel bills OF the commissioners we're no
paid by the government.
As the personal expenses Of the com,
mission were very heavy a comparative
small amount was left 10 each commits.
sioner am each officer Of the commits.
sion out Of the Presidents allotment OF
salaries. Each commissioner VIII receive
about $1,000 for his services and out OF
this he must pay all personal expenses
contracted on his trip abroad.
Secretary Moore will receive half the
amount paid TO each commissioner. and
as his personal expenses were as heavy
as those OF the members OF the commits
sion. he will faro worse than his SUI
periors-N New York Sun.
The times. [volume] (Richmond, Va.) 1890-1903, 1898-12-22
TOBACCO EXcrIANcB
Richmond. Va. Dec: L. 1

Richmond Va. Dec. 4, 1s9>
Sales Of ucN. uark zoos, toUI4c Oh the
Richmond (VaJ breaks to-dat.i StOncWa!i
Warehouse sod 3.>Jj pOuhH highest
plicc. $40. shockoe Narchu'.1 solu -.
49, uOInus-nisneSt price, SA -. Crcn-
shaw s Warehouse aoid .o,!Na pounds
uIgatst price. sll.-5. Total, II'l % pounds
-nishrst price. slt.Zj
Mcssrs alley ana LUCK SOMA Shockoc
MucIouse to-day jJ pOunfH now dark
loose tobacco al $40 did - pounds
at 5000. Mr.. \. y. Goodman, Of Louisa
county. sold l4J pounds at ~. - pounds
90 Sir2I 30 pounds at ST.. ! 30 pounds
at sir.1J. aud l,D pounds AT II 10. max
Oh. lu average OF SLID. wh ich Is the
hiAhest average made This as tsOn. The
average Of the eu'ire sale a q ShOckOe
Warehouse to-day WAS 81 -.
BrIks OF ncW dark lOOsc too iccO al all
of the warehouses f)r tO-morn wv, Thurs
day December -. 1895
Private sales it.olt.d TO M secretary
Of the Richmond Tobacco 'Tr; DE- TO-DAY
Lear dark. / hogsheads- ourleys' /;
lugs fa4r<I. 30 TOTAL 3J hog 5heads
Ihe tobacco inspector rcpo is today:
inspect Ins-Brisnt. ~ hoEsh ads; dark,
- nOgsheads. hrin.lccuons- None.
StonrWall. Crcnshaws. All ghany, Olg
Dominion and Shockoe tol acco ware
houses report to-day. Receipt s, ~ pack
ages. deliveries. y packages.
United States iutcrnai 'cE nue. collec-
lions ON tobaccos Tor The 81 y Of Rich
moud. Va, to-day. igars nn ] riSargttes.
Si.aS91N: plug tobacco, S9Sl GG. Total.
SILL.
our Mr. W. G. Neal left X edmond last
night on the Inflated train which met
with such "a terrible disaster by collision
near Railway y. j.. and n .e trade and
his friends generally in Ric hmond were
treasured and greatly graf med by the
receipt of a telegram. datet New York.
from Mr. Neal. announcing his safe ar
rival I'M that city The teleg ram gave no
particulars OF the actdden. Mr.. w. G..
Neal Is one of the lar gest buyers Of to-
bacco ON This market 81 no the largest.
and any accident 10 him would Inc sin
cereiy dor.Orcd.
The times. [volume] (Richmond, Va.) 1890-1903, 1898-12-22

grounds and the Eagle Point Mil for
grain located on II. The price paid was
81 2l0. and the Rev. Alexander Overbey,
OF Clarksville. was purchaser.
There was a home marriage here yes
terday at the residence of Mr.. Samuel Y.
Saunders. His daughter. Miss Fleda
Saunders was married TO Mr.. Cornelius
T.. Jones. of Union Level, Va. Rev. II.
4. Williams ofiiciated. After the cere-
mony the couple left on the evening train
for the home Of the groom In the eastern
part OF Mecklenburg
The season IS favorable for getting leaf
tobacco i'm order for market and the
sales here continue TO be large.
From present indications the Christmas
festivities will be greatly enjoyed here.
The times. [volume] (Richmond, Va.) 1890-1903, 1898-12-22
BALTIMORE MARRE~.

BALTIMORE. Dec 2L-FLOUR-Dun
and UNCHANGED
WHEAT Strong: spot and month. IA
72Ac: January, 12..473c. Nav. 13c.
Southern wheat. by sample GJ013l.c.
CORNN-S Strong. spot and month. lOta
0i1c.. December new or old. fO4HiOi 2c.;
February tCkN iOitc Southern white
corn. 3704Oc
oats Firmer: 40 .. 32M033c
RYE-Firm: 40. nearby, 5Sc.; No. ,
western. COO.
SrGAR-Strong and UNCHANGED.
Pr'T'rEP- Steady and UNCHANGED.
EGGS-Firmcr. fresh. DC. per dozen.
CrfrFsF- Sfn1dv md -nchan"ed.
LFTTUCE-Sl .2j01.50 per bushel box.
HISNI-lncnange
The times. [volume] (Richmond, Va.) 1890-1903, 1898-12-22
CHASE CITY ENTERPRISE.
A Plug Factory TO be started-A Home
Marriage.

CHASE CITY. VA, Dec. H.-Speciai.--
Arrangements are progressing 10 estab-
lishment here Il mandatory or pug To-
bacco Mr.. Meadors, OF Durham. n. e..
has all the machinery, fixtures and
brands ready 10 commence operations as
soon as plans are perfected.
A tract OF SIS acres Of land on Roanoke
river. this county. was sold under decree
OF Circuit Court this week at public auc-
ton. About one hundred acres were low
The times. [volume] (Richmond, Va.) 1890-1903, 1898-12-22
WILL BUILD TORPE00ES?
This Seems to Have Been the Meaning
oftbe vickers- Maxim Deal

A special dispatch 10 the New York
Sun from London says: The Daily Mail
says fl has learned that the acquiring
Of the ship-yard at Newport News by
Vickers' Sons q Maxim is condition
precedent to their fulfilling the contract
allotted to them By the United States
Government for torpedoes and accessories
which would have been given to the
Schwartzkopfs Of Kiel, but for the anti
German feeling in the United States.
The English firm is negotiating with the
Schwartzkopfs for the acquisition OF
their patent for launching torpedoes.
The times. [volume] (Richmond, Va.) 1890-1903, 1898-12-22
NAVAL, STORES.

CHARLESTONs s. c.. Dec 21-TUR-
pENNTlNE-Market firm at 39c.. sales.
.lH4I'..
ROsIN-Quiet and unchanged; sales.
none.
SAVANNAH. GA. Dec. 2l SPIRITS
or TURrENTINE-Firm at iOi4c.; sales
&. $50 casks; receipts. 427 casks.
ROSl N-Airm ANA unchanged; sales.
none. receipts. 1913 barrels.
ILMINGTON, y. c.. Dec. 21-SPIR-
IT'S OF FNTINE-Firm az 100.
receints. 81 casks
ROSIN-Nothing doing; receipts. ~ bar
rels.
CRUDE TURPENTINE-Firm at si3
The times. [volume] (Richmond, Va.) 1890-1903, 1898-12-22
Internal Revenue Ruling.

Collector OF Internal Revenue james ID.
Brady has sent out the following circular:'
Tho Commissioner Of Internal Revenue
has recently. after mature consideration.
reversed his former rulings and now holds
that deeds of release are exempt from
internal revenue taxation. also that the
filing Of a Homestead exemption claim
under the laws Of Virginia. requires 10
stamp"
The times. [volume] (Richmond, Va.) 1890-1903, 1898-12-22
PAY OF THE PEACE COMMISSION.
Its Members aud Their Assistants To
PAY Their Own Personal Expenses.

WASHINGTON. December Cot was
learned to-day that the American Peace
Commissioners ana their assistants have
been obliged to pay all their personal
expenses out OF the compensation al
lowed them by tho President The ex-
penses which the government betrayed
included Office rent and stationary. The
The times. [volume] (Richmond, Va.) 1890-1903, 1898-12-22

PORT NEWPORT NEWS. DEC. Il. isos.
ARRIVED.
Schooner Jennie T.. Richter. New Haven.
Schooner j. W. Hawthorn. New YORK.
Barge Kentucky. Boston.
Rargc GORDON. Boston.
Stcamer orion, Boston.
Steamer Kong Erode Port Antonio.
SAILED.
Schooner Alice b. Crosby Clenfuegos.
Barge Lone star. Boston.
Barge Monarch Boston.
Steamer orion. Norfolk
PORT OF WEST POINT. DEC. n. isos.
ARRIVED.
Steamship Baltimore. Murphy. Balti-
more. passengers and general cargo.
~t.tii.nfr Elm city. Haynes. Malta
pom. river landings. passengers and gen.
prai cargo.
SAILED.
Steamship Baltimore. Nurrhy, Balti-
more, passengers and general cargo.
sfaa,.saip Flm cry. Haynes. Malta
poni river landings. passengers and gem
eral cargo.
The times. [volume] (Richmond, Va.) 1890-1903, 1898-12-22
COTTON MARKETs.

NEW YORK. Dec. 21.-Very light spec
ulatNe enthusia sm was manifested on me
Cotton EXChau ge to-day ON me COM
trHry. there wa growing disposition 10
get Out of old ventures and prepare LOT
quiet holidays Influences bearing upon
tne makeI W ere too conflicting 10 blNe
either side p arucular advantage Whle
there was nothing in news at hand 10
.s Emulate an aggressive move either one
way or The DINER sentiment was ad-
versclv ane, ted at the start by a disap-
pointing ~ of Liverpool cables, a more
favorable Gather bulletin imam mad been
posted IN some time. and another heavy
movement. The opening was steady, WITH
prices unC hanged 10 g points lower. y
number ~ the smaller longs became un-
easy and unloaded In moderate way.
the scllin being largely confined 10 the
January and March options.
A few scattered selling orders came TO
hand fF1m abroad and New Orleans. but,
taken on the whole business through the
session was of a local origin. The lead
ing On, is We're encouraged TO make a
stand oN the appearance OF "a moderate
numbg OF investment orders, Wall street
taking a larger portion Of The cotton pUr-
cha scd Notwithstanding he depression
above noted. tho short contingent pro-
ceeded with the utmost caution, inasmuch
as re River adVicos refleced a further
stfffening I'm New England cloth markets
and southern dispatches we'll sustained
prices for spot cotton. ard good husi-
ness doing while the export movement
continued % exceed predictions and ,rc-
vcntod accumulation of stocks an the
ports Attention was given over largely
20 the crop movement and weather pros
poets In the afternoon there We're half
hearted spurts Of selling FOR the purpose
~ weakening long cotton. and on the the
DRY that the recent course OF The market
had caused an extensive accumulation of
holdings I'm the January. March and MAY
dei Vclies and a corrcspDndinr decrease
I'm the short account. The market closed
steady. unchanged TO points lower
.COTrCN-Futures opened steady az de-
cane. December, $40. January, 5.4f; Feb
ruary. 543. March. SO. Apri 90. May.
$50. June J.5J: July. Us. August. J.62;
september, J.G: October I.GS
Futures closed steady. Dvember. 54l:
January. 5.42. February. S44, March,
The times. [volume] (Richmond, Va.) 1890-1903, 1898-12-22
THE MARKET
WAS STRONG.
Railways and IndustriaIs Both Showed
Considerable Gains.
BOND,MARkET ACTIVE IN SPOTS
Rut I'm General Undcrtonc Was u
Healthy Onc-southwestcrn Rail-
ways Were Prominent for Their
Activity and strength.

.t ,,, .,,..-t..4 .,.,.
NEW lOttk, Dec. III ne lii"l ~ ""9
stronE most OF me ods, par Via y In
the late tihHih9. IaD'i"'ioi s''''o -" 49,
general lA thr i"itMd4H, M'i.i'
vance 900 Huiiln,l on sieD ''''Or
cousiuc. dpie f4"loi loi'e' ~ e"' 80
Ccpuou to lhr h'H,i" i "uN ".i 'N. ~
ucpd in s,'.Aa WIZ. ,.o on ''S,',D' ~
JUST httu o.. pa. GA ',,, t,ol,,''.,'
central '"ut"'iH rt.'.. az -, 80
pfcitii.a in H'iut quat '1is a., ' 90 ~ Nv,
"cnas ""u "'," ,Ni,y.'' ga, '''~ 49, 49,.
vi p. t,,,.,,t 49, i,'..n looked Tor
Maio o. li"' 'u'4 ,"eiu Pc fuS ii,'',,,..e.
ni"i .'' , IN. , 'Do ,.,rrire-s
menus I'D ~" ,'iND 'v ''ii'N o' ~ ,, ~
""i ..'.,. - '.,. E. ''' '.',,,'ii,i Tor
guar l.tH suIfiuH VIZ i,'i'''.,'D ~
sc" loih eH'l..' iise ii ~ 80 '-.
i'W point Inc tloIls OF Lgnnoh ~ "1.'
tn cover snort uhts lh amer Nelio erf'
Innt I'D inc local market carr uia "@s
Ii aeIi l8e case iit i'i. ,i'i,, "i'.'
ONO Which advanced very uuo4 ail'l9 ip-
Ctul. mere were idIst pu, ,n@'e9 49,
lof loItihn dc. ouhl on ~, "'i ,-i.f
.' rs .hhllt'lcu pA 9p,lldl r'F , .lt
ni foreign quotations were i1tig va. ~
hy ihe traders nut ihls tau7eu NIUE hiDt
tnan q period oi htsitdll9h ana b" fAa".is
lu railway quotations. huihoI9 ulal we
lhlcdbo ana ALTON mao prth soy "i gu "a
me interest OF Union facllc "tu n ~.
t'I anu ono a., il,,d Fa1er,I
,' So. ms ,,,6o t,,o re1entiv boo1
.'.ree nurrnasers At the same time they
ernnhatfraily denied rumors mat Federal
C.Nf 'lli''''H ",'.'H 49,. ,,,l,ti,o- 100
49,. vas -. . IN, ,,fIv-a,.s yyare
,.,. Non, a., to-5svs activitv and
.,r,,,,,li, - 1tsii,. .rexas and Paci6c
-r ' i . 1901 i,ro,fti.rif,, I'm
me uol'u mon iif,.g i,,f",. ,,idSnt Inn AZ
Fl ut9, ii Dl. emu" 49,, ,,',r.b.'soe ~
S.il9'u ,.J.S, '"' .'' -, iiat.r in ne
The times. [volume] (Richmond, Va.) 1890-1903, 1898-12-22

WASHINGTON. Dec. 2l.-The Prssi-
den, to-day signed the bill regulating the
sittings OF the United States courts rith-
in the district II South Carolina.
The times. [volume] (Richmond, Va.) 1890-1903, 1898-12-22
NORFOLK PEANUT MARKET.

NORFOLK. VA, Dec. 2l.-PEANUTS-
Farmers slOck, -tlIcuy primo tO Idu~y,
3a3i.c.. prime 80. common. 2g2Hc-,
Spanish Coo.
The times. [volume] (Richmond, Va.) 1890-1903, 1898-12-22
CHICAGO MARKET.

CHICAGO. Dec 2i-Corn overshadowed
everything else on Change to-day IN
rength and activity Continued heavy
cash and expor. demand drove shorts To
cover. and resulted i'm am advance oi la-c
The strength of corn Influenced all other
markets. Wheat closed 1ANl|sc higher
Cats advanced Ac. Provisions rose 2i2H5r.
The times. [volume] (Richmond, Va.) 1890-1903, 1898-12-22

n2ao: receipts. lO3 barrels.
TAR-Firm at Sllo, receipts, ,OS2 bar
rcls. 80 o..
The times. [volume] (Richmond, Va.) 1890-1903, 1898-12-22
GRAIN AND COTTON EXCHANGE.

Quotations are for bonds maturing In
uOt less fhan ten years.
The times. [volume] (Richmond, Va.) 1890-1903, 1898-12-22
MARINE INrELLlGENcE.

December %. 1898.
The times. [volume] (Richmond, Va.) 1890-1903, 1898-12-22
RIcUNOND STOCK MARKET
nlA Askea

Richmond. Va. Dec r. lS9S
SALES-1.COO Virginia Centuries, regis
The times. [volume] (Richmond, Va.) 1890-1903, 1898-12-22

Choice clover and timo-
thy miNed.Jer car load SO y
Choice timothy, per car
ioad - ........... 1000 a 1870
The times. [volume] (Richmond, Va.) 1890-1903, 1898-12-22

U. 5. new IS .',.,,,, ......,.'.''' /
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1898-11-04

that come here. but going on and
bringing them under contract by car
loads is infamy of the same species as
going abroad in the pauper fields of
Europe and gathering a lot of people
there by contract and bringing them
by shiploads and introducing them into
Pennsylvania and other centers of the
East where that kind of labor has
driven out practically every American
laborer they had.
Only a Few Are Prosperous.
What does all this mean? Why ii
means. my friends, that we are not
prosperous. 1t means that the great
farming interests of today are little
worse OF than they were two years
ago, a good deal worse of than they
were six years ago. and a great deal
worse on than they were ten years
ago, and there is no prospect of an i'm
proyement in their condition. That is
exactly what it means, and the Ques-
ton confronts you, my fellow-citiZens
whether you are willing to allow the
governmental policy which has been at
work for twenty-odd years under
which these disasters have grown up,
which have reduced your producing
power because it has created an eco
nomic and financial condition that re-
quires you to sell two times as much
of your products to get dollar as you
formerly had to, thus to destroy your
purchasing power. That is the reason
you are not buying as literally of the
store and shop; that is the reason the
wholesalers cannot sell so much as
they otherwise would; this is the rea-
son the factories cannot sell so much
as they otherwise would. They have
to turn off employees and reduce wages
and your inability to buy as you did
is the key to this whole situation.
Every Man n Mighty Judge.
And If you want a continuance OF
that policy, my friends, which has
brought you into the position you are.
then the right thing for you to do Is
to go on and sustain the present fed
eral administration. If you think you
have the correct national policy. stand
by it. On the other hand, if you feel
that this gold standard experiment has
been tried long enough. that the effort
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1898-11-04
Cruelty of the Gold standard.

This is really not q political QueS-
ton, or it ought not to be. But those
interests that profit by this condition
have been sharp enough to drag 1t in
to politics where they can get the ben
eft of prejudices of men-the benefit
of the hatred of men in a political way.
and they are enabled in that way to
keep themselves in position of advan-
tage. This question affects not only
your own prosperity and the prosper
ity of your children, but it affects the
social status of your children You
get little poorer every year, and by
and by conditions will get to be sucn
that the producing classes will occupy
a lower level than they ever have In
the past. You will get a set of men
who are uneducated, who are hard
pressed, with whom life is drudgery'
who find it hard to get bread You will
get a set of men who are not calculat-
ed, who are not fitted to maintain free
institutions. The three million farm
ers who a little over century ago
defied the world were not Of that kind
They were poor and they wore poor
clothes, but they had spirit. and they
were independent
Appeal to the Judges
A broken spirited people never
could have laid the foundations of this
great republic. Never. 1t took men
of spirit to do that, and it will take
men of spirit to maintain those insti-
tutions, and 1 appeal to you, as Amer
lean citizens, as intelligent men, loving
your country more than party, to rise
above prejudice to deal with these
questions intelligently. Consult the in
terests of yourselves and your pos
terity, and these questions will right
themselves.
1 thank you very much.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1898-11-04

In 1894 Henry Wuln was elected
state treasurer At that time Tanner
was chairman of the Republican state
committee and IS boss OF the machine
forced Wifi 10 appoint Whittemore
as assistant state treasurer. Tanner
claiming that Whittemore would be
more valuable man in that position
than anybody else in the state.
In 1896 Henry Hertz became state
treasurer Tanners influence was
again brought TO bear. and White
more was again made assistant state
treasurer. When Tanner was mar
ried, Whittemore was his best man.
At the last Republican state conven-
ton, Tanner forced Whittemore's
nomination for state treasurer. Whit
temore is Tanners personal candidate.
He Is Tanners personal and politi-
cal friend. His election VIII mean
Tanners endorsement. The defeat Of
Whittemore is the reputation of Tan
ner and Tannerism.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1898-11-04
HHI1TEMORE IS TANNERS Man
Republican Candidate for State Treasurer
Owned by the Governor.

- close TO Gov. Tanner is Fred K.
HAttenore. the Republican machine
szsdsdste for state treasurer. that
N2%2 Tanner takes snuff Whittemore
Bseezes. So close 10 Whittemore is
HAnner that when Whittemore takes
bad cold Tanner takes an extra hot
ksnk- The record OF the one is the
bs5ioHs trial OF the other, they have
Always Travelled in pairs. They are
xii travelling in pairs. They are two
~ kind IL Whittemore is elected
stale treasurer. John r. Tanner will
DasSess the combination to the treas
NY vaults. Here is how this worthy
DDRtical couple have kept company
VIA each other during the past ten
yszrs:
In 1883 President Harrison appoint
~ Tanner assistant treasurer ct Chi
%ago. Tanner promptly made White
more his chief clerk. position he
Asid until CIeVeland's election.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1898-11-04

They pay no gold; We pay only gold
that is honest" That is gold
Standard
Can the banks redeem their notes
in gold?
They can not. They can not redeem
their notes even in coin.
Hear the words of a patriot-ths
words of Father GARRISON:
The late c. F. Garrison. agricultural
editor of the Iowa State Register, said
only the truth when he declared. IN
the columns of his paper, in February.
1874. that, specie payment as recog
nized and practiced by financiers Is q
humbug of the most gigantic kind.
There is really no such thing In this
country and never has been in practice
and until the whole commercial and
financial system is thoroughly and rad
ically reformed, there never will be
specie payment. And the whole his
tory of this country amply proves this
position. Gold and silver have never
been paid TO noteholders whenever
there was a demand for the precious
metals. In the days of peace and quiet
in the monetary world, when paper IL
better and more convenient than gold
and silver, banks and the government
have always been ready to exchange
their gold for their paper. But as soon
as some stock jobber or produce gam
bier wishes to create a panic so as to
depress the products of the farm, all
he has to do is to close the door OF
some moribund bank and instantly, on
the flash of the news along the wire.
all the other banks follow the lead.
rendering bank paper Of deprecated
value. and making a demand for specie
But no specie can be had. This is not
a supposititious case nor an exception
1t is the practice, and specie payments
have never been the rule and never
will be-" etc.
Richard Clarkson. son of Hon. c.
Clarkson, editor today of the Iowa
State Register. what do you say OF the
words of your patriot father? Do you
say My father was crazy green
back crank like Leonard Brown"
Richard, that is slightly an error
Leonard Brown. when boy. learned
of your patriot father and OF his CO
patriot, Judge George C. Wright, CHIEF
justice of the state of Iowa and United
States SeEatDI LEOUuTG BIOWD 10
their disciple
Judge Wright said in a speech In the
United States senate in 1874:
Ny preference is, however. for .
homogeneous currency issued by the
government all legal tender and
upon which it shall pay no interest
Then. too. would change the form OF
these notes. so that instead of being
technically or in form promise, they
would have stamped upon them simply
their denomination as gold and silver.
i.;EE 10 all intents and purposes
money, and not a promise to pay In
something else of no greater legal
value.
The basis would be and should be
found in the existence of the nation. in
its stability. It's honor and it's unity.
And then, too. we would be relieved OF
what 70 me Is almost, IL not quite, pre-
rosterous-the redemption OF one cur
rency with another (both legal ten
dersl. There should be no such dis
tinct:on" LEONARD BROWN