davidaulloa/AmericanStories huggingface dataset:
The Conservative, 1898-10-20


son to another in that process it under
goes no change whatever after it has
been used there is as much money as
there was before. A given quantity of
money may do a very little business, or
it may do a great deal there is no spe-
ciic quantity that is essential to all in
dividual, or a transaction, or a commun-
ity. Therefore the effect of the demand
upon money is not in the least like the
effect of demand upon food, for when
the demand for food is satisfied there
is less food in the world than there was
before, and when the demand for money
is satisfied there is exactly as much
money in the world as there was before"
1 think l can prove beyond the sha-
dow of a doubt that whether there is
gold enough to do the worlds business
or not, there is enough to do our bust
ness.
PLENTY OF COL TO DO U BUSINESS.
Not very long ago a banker in New
York said to me that the institution
WlOl WllCu In WIS COIlIlSCtcu Hdu CuSll
on hand to the amount of $40, 900, 900,
and that all of it vas gold except $780,
600 of legal-tender notes. "Why do
you keep so much gold?" I asked. "Be-
cause we can't help ourselves" vas the
reply. "Our customers call upon us for
paper currency, We give it to them as
long as we have it, and gold flows in to
fill the vacuum" The name of this
banker is A.. B. Hepburn, vice president
of the National City Bank.
1t seemed surprising to me that the
cash in our largest bank should be COM
posed of SO per cent gold and only 2 per
cent paper, and I began to make some
Investigations. I found that the So
called clearinghouse banks Of New
York had, on the 9th of July, $1S0,49S,-
600 gold and 1862 1868, 900 of paper cur
rency, /. e., about three dollars of gold
to one dollar of paper. The Boston
banks at the same time had 1914, $50 900
gold and So, 25O, 900 paper. These figures
speak for themselves. They show that
in that part of the country there is gold
enough to do all needful business. You
may say that that is true only of New
York and Boston, or of the Eastern
states generally, but that it is o true
of the West. Well, I can tell you how
you can make it true of the West. Just
send your greenbacks and other cur
rency to New York, and ask the bankers
there to give you gold for it, and see
how quickly they will respond. Their
faces will be wreathed with smiles as
they pass it over to you. The fact is
you have drawn the paper away from
them and compelled them to fill up
with gold instead. AS Mr.. Hepburn
said to me: They "can't help them
The Conservative, 1898-10-20

ioo' e .''.' .'....+ .,..,s, Sfo,OOO,OOO
Production eight years. 81 ,377 ,0S0, 700
1t will be observed that the worlds
production of gold has more than dou-
bled since 1891, and that the largest in
crease i'll any one year took place last
year. 1t is a noteworthy fact too, that
the increase of gold production in the
United States has very nearly kept pace
with the general increase, having been
$6S, DOC, 900 ia the calendar year 1897,
against $32, S45 900 in 1890. The largest
gold-producing country now is South
Africa, whose output for the present
year QS9S) will approximate $75, 900 200.
PRESENT PHASE OF THE CURRENCY
QUESTION.
If there is such a shortage of paper
currency that the banks are gorged and
loaded down with gold the question will
naturally be asked: Why not have
more greenbacks? What is the harm of
that? This brings us to the present
phase of the currency question, to which
I shall ask your attention for the re-
mainder of the time allotted to me. The
arguments in favor of government paper
are plausible and specious. They are
rather captivating to the common mind.
If we are to have paper money at all
why should not the government issue it
and receive the interest on it instead of
turning that function and that profit
over to private persons and corporations?
The question is a proper II and it de-
serves all answer. Before considering
it, 1 will remark that, in the discussion
of this question, until the indianapolis
convention took it up, the opposition to
government paper money was repre-
sented mainly if not wholly by a limited
number of men termed economists
college professors, and book and magi-
zine writer's. The bankers took little or
no interest in the subject. When the
American Bankers association four
years ago adopted what is known as the
Baltimore plan of currency reform they
did not touch the subject of government
paper money. Their plan contemplated
no disturbance of any part of it. The
fight against government paper, until
the indianapolis convention assembled,
was limited to a few men who have no
interest in banks, and no purpose to
serve except the general welfare. The
economists differ from each other more
or less respecting the kind of bank paper
that should be allowed to circulate
but they are unanimous in the belief
that government paper circulating as
The Conservative, 1898-10-20

(mint estimate) ......... IL 100000
Stock on hand July /, 1898. 1856, SOB ,OOS
There have been some importations
since July 1, and the receipts from the
Klondike since that date have been be-
tween So, 900 900 and $6, 600, 900, and our
own production is at the rate of 81 ,OOO,-
900 per month. So it is reasonable to
assume that the stock of gold coin and
bullion in the United States now is not
far from $S7O, 900, 900. One year ago,
according to the mint report, the largest
amount of gold held by any nation was
$772, 900 900 held by France. The
United States now stands first in the list
of nations as a holder of gold. The
treasury now holds $3.50, OOO, 900 gold,
the largest sum ever held by it, and it is
increasing rapidly.
With these facts before us I think no.
body will deny that there is gold enough
for all of u purposes, however it may
be with other countries. 1t is COM
monty reckoned that 81 of gold is suffi-
Gent to serve as a guarantee and basis
for $3 of fiduciary circulation. Accord
ing to that reckoning the amount of gold
now in the United States would serve as
a guarantee for 81, SOC, 900 900 of tiduci-
airy circulation or more than double
what we actually have. Our gold is more
than 80 per cent of our fiduciary circu-
lation. The Bank of England's gold re-
serve is seldom more than 40 per cent
of her total liabilities.
AIS PLENTY TO DO THE WORLDS
BUSINESS.
Now it does not greatly concern me
whether there is gold enough i'll the
world to do the business of the world or
not, provided we have enough to do our
business. Yet I think the facts justify
the belief that there is enough for other
nations also. According to the last mint
report, the amount of gold in the world
used for monetary purposes was equal to
"a, 1868, 800 600. The estimate of the
worlds gold productions for the calen-
dar year 1897, made by the director of
The Conservative, 1898-10-20
Che Conservative.

l shall prove to you that there is gold
enough i'll the country at large to do the
business of the country at large.
On the LIST of July, 1897, the stock of
gold coin and bullion in the United
States, according to the report of the
director of the mint, was 1896 ,270, 542.
During the succeeding fiscal
year to July 1, 1898, there
was imported into the
United States from foreign
countries, other than Can
ada the sum of ....... Sill ,032, 1866
There was produced in the
United States during the
same period not less than. so, 5000, 900
There was imported from
the Klondike about ...... 1850, 900
---
Sill ,532 1866
Add stock on hand July l.,
1897. 696, 27O, 542
1867 1903 ,OOS
Deduct amount used i'll arts
(mint estimate) ........ 1900, 900
The Conservative, 1898-10-20

the mint, is $780, 900 900 additional.
Few persons realize the in
crease of gold production that has taken
place within the present decade. The
figures are as follows:
The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1898-03-16
Warming!

We are again re-ftting and re-
painting our fruit and vegetable
display table to go out in front of
the store. Now boys and men we
keep these things up and use them
to display our goods. MOTTO b. sit
on and whitfield up as heretofore.
Also anything in the way of green
onions, radishes or the like, do not
be breaking them off the bunches as
those wanting to buy do not wish
to buy half punches, besides it
makes the stuff look bad. Now we
hope you will bear things in mind
and not have us calling your at
tention to this every spring or
change of the moon.
Respectfully,
BRYAN & YOUNG.
The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1898-03-16
In Memory of Champ Clark Hall,
Died February StI, 1898.

He is gone we could not keep him here,
With all our tender love,
His pure unsullied spirit,
Has passed to realms above.
He has gone to dwell with Jesus,
In that happy world of light,
Where the heart is free from sorrow,
And there comes no dreary night.
We meier will press him to our hearts,
Around the household hearth,
With all his fragile loneliness,
He has passed away from earth
The little childish angel form,
With all its beauty hid,
The sunny eyes and smiling lips,
Pressed meath the coffin lid.
Gather up the little garments,
That our darling used to wear;
Press the agoniZing kisses,
On the silky sunny hair.
Gather all the little playthings
Wet with many bitter tears,
To be kept as sad mementoes
Through the comming weary years.
God knew our tender little bud,
Was far too pure and fair,
To linger mid the chilling blast,
That sweeps this world of care.
So He moved him to his garden,
On the far off golden shore,
Where an angel bright and beautiful
He will dwell forever more.
Point Pleasant, March 10th.
The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1898-03-16

From Mondays Daily.
Gel. Thes. l. Bell, of Gallipolis,
was visitor here yesterday.
Mr.. Andrew Sehon. of Hartford
City, returned home Friday.
Mrs. Robert Liter, near town, is
on the sick list.
We regret to announce to the
many friends of Miss Blanche
Hogg, that she is no better.
Miss Tresa Malone who has
been at Pittsburg in wholesale
millinery store, returned home Sat
urday.
Misses Rhoda and Mary Long,
who have been visiting their sister,
Mrs. G. w. Stribling, will return
to their home at South Side, to-
day.
Mrs. Mace Maupin and daught=
er, Mary Louise, passed here Sat
urday evening on their way home,
after two weeks visiting at Apple
Grove and Huntington.
The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1898-03-16
PERsONAL.

From Saturday Daily.
Mr.. p 81 Elliott, Of New Haven,
is business visitor in town to-day
Mr.. John J. Dover, of Graham
Station, is business visitor In
town today.
MIR. f. S. Brown, of West Col
umbia, was a business visitor in
town yesterday.
The many friends of Mrs. j. w.
Rhoades will regret to learn that
she continues to remain quite sick.
Mrs. j. r. Couch. baby and lit
tie daughter, Marguerite, returned
to their home, near Hern, yester-
day, after a two days Wis t with
relatives here.
Miss Rhoadie Sullivan, of Leon,
was the guest of Mr. and Mrs
Henry Wolf, last night. She is
on her way to Spencer to attend
school.
hfS- 0Sunlo- SuI1SIy, VI A4atoSh
and Mrs. Grace Martin, Winfield,
who have been visiting their
brother Mr.. g. G. Bowyer and
family for few days, returned to
their homes yesterday evening.
Middleport Republican March
l1th:
Mrs. Geo. Maupin, of South
Side, was called here by the sick
ness of her daughter, Evelin, who
is quite sick with the measles at
her grandmother's, Mrs. j. D. Ma
hon"
Mr.. NJ. g. Mckay, OF Ravens
wood, is in the city. He is an
active free silver Democrat. He
informed us that he is candidate
for the Democratic nomination for
State Auditor. He would make a
good one.
The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1898-03-16
notice to the PuDlIc-


Having purchased the livery and
feed stable OF g. w III. Hoon- and
located at the same place. We are
prepared to take care OF your horse.
We have added new yehiei aad
everything is frst-efass Our prices
are as follows:
Feed grain and hay 25e
grain .-.-...-. 2Oc.
nay. - ). q. 80 49, ..-.--- 15c-
ie=lIa --.---.---- 10c-
Special attention to boarders Re-
duced rates TO Commercial men. Cab
serviceprom on short notiee-=vii
reasonable. Polite attendants, al
prompt attention to patrons.
Service Day or Night
TIPPETTs' LIVERY STABLE.
The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1898-03-16


Well Paved and Neatly Kept
streets show Public Spirit.
A towns streets should be the
public lawns and public parks.
They should be to the corporation
as a whole what the grass plots in
fro It OF the house is to the indiyid-
nal resident. There is no higher
evidence of the taste. refinement,
enterprise and intelligence of a
community than well paved streets
bordered with handsome shade
trees.
Ill kept, badly laid out streets
speak of public poverty and mar
rowness. an utter absence of that
S, ,irit which every citizen loyal to
his towns interests and wisely at
tentfve to his own. Public streets,
substantially paved, viii in turn.
encourage a similar treatment of
the private property adjoining
them. There is no departure which
would SO instiIl patriotism and love
of home and country as perfecting
our streets and highways.
The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1898-03-16

Some rowdy threw rock
through the window of the post
Office at Heights, about 2 o'clock
Tuesday morning. IF he is caught
the Federal Court may make it SO
warm for him that he will never
commit such an act of vandalism
AGAIN.
The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1898-03-16
Around the Bond.

Rev. Maloney is conducting a
series of meetings at the M. E.
Church, at Hartford City, and there
has been several accessions.
Little Ben, Clifton and Middle
port, is one Of the strongest ferry
boats on the Ohio river, and is
also the slowest.
Ed. Brown. of Hartford, has gone
to Texas. having received posi-
ton with the Sour Lake Oil Co.
Prof. Morgan Banks will con-
duct summer term of school at
Hartford City; SO. also, will Prof.
Coates, at Carleton College, Syria
cuse.
The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1898-03-16

Heirs of the late Governor
Samuel Price, of Lewisburg, are
receiving $40 day royalty on the
output of their coal mine in Fay
cite county. all of which they are
applying to further opening and
improvement of the property.
The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1898-03-16

Twenty-six towboats, taking
with them 1877 barges and 80 fats
loaded with coal and nine barges
loaded with iron. have left Pitts
burg on this rise.
The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1898-03-16

From Tuesdays Daily.
Mr.. Charles Eggenschwiller, of
Mason, was in town yesterday,
Col. D. Sealy, of Charleston is
in town.
Mr.. L. R. Campbell, is in town
for few days.
Mrs. Maj. w. n. Tomlinson is
quite sick, at her home on Wand
street.
Hon. Jabez Beard, of Beech
Hill, was visitor in the city yes
terday.
Mrs. E. j. Mossman, returned
last night from visit to relatives
at Charleston.
Mr.. S. A. Mcguire, travelling out
of Parkersburg, was in town last
night.
Hon. Virgil A. Lewis, of Mason,
and Mr.. G. S. P. Edwards, of New
Haven, were in town last night.
Mr.. Dwight Thompson, with the
P. & L. e. Railroad, is in town
looking after railroad ties.
General John McCausland, of
Grimm's Landing, was in town
last night.
Mr.. Fred Carr, of Charleston.
passed through here yesterday, on
his way to Parkersburg.
Mrs. Frank Bell, of Gallipolis,
who has been visiting relatives
here, has returned home.
Mr.. Nose Carlyle, of wyoma,
was a pleasant caller at this Office
yesterday.
Mr.. d. F. Bryan. one of the pro-
prietors of that popular Hotel, the
Park Central. Gallipolis. was in
town yesterday on business.
Mr.. j. R. Rayburn, of Flat
Rock, was a caller at this Office
yesterday, and renewed his sub
scription to the Weekly Register.
Miss Blanche Cable has accepted
clerkship with Mr.. Wade Gross
in the dry goods department OF
his store at Racine. Ohio.
DIR. I. 7. Prickett has returned
to his home at Ravenswood, after
being called here on account of the
sickness of his sister Mrs. j. w
Rhoades.
Mr.. S. g. Harbour, of Pliny, one
of the prosperous farmers in the
upper end of Clendenin district,
was pleasant caller at this Office
Monday, and renewed his sub
scription to the WEEKLY REGISTER.
Mr.. Harbour has been a subscriber
to the REGISTER for many years
and has always kept his paper
paid, up promptly. We wish We
had a thousand more good paying
subscribers like him.
The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1898-03-16
hSSRoOeAOiAys
BRYAN & YOU'VE.

West Virginia is rapidly forging
to the front rank as the coal State
of the Union. The United States
government has already recog-
nized its coal as the best for naval
purposes, and the Davis Coal and
Coke Company, at Thomas, Tucker
county, has received contracts for
furnishing fuel to the navy which
places it first among the coal COM
panies supplying the government.
A number of British vessels. also,
are heavy consumers of the West
Virginia concern.
The Point Pleasant Machine
Works have just completed hand
some and substantial awning frame
of gas pipe, for j. Friedman & Co.
The frame is 12x42 feet. When
the awning is down it will be an
inviting place for loafers during
the heated term.
The delightful Spring weather
of this week is making the average
sojourner more buoyant and cheer
full. The maple syrup producer is
having his innings and the farmer
man has begun his Spring work
The country schools are closing
and the teachers are preparing to
attend the spring term at some
school or looking out for employ
ment of some kind.
Spring onions are in market,
and they cause many tear to flow.
The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1898-03-16

Those who go to the Klondyke
can be sure of getting something.
They can get the scurvey and chill
blains even if they get no gold.
The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1898-03-16

If you want woman to pay
two dollars for pair of shoes
tell her the price is two and a half,
but as no one else seems to have a
foot small enough she may have
them for two.
The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1898-03-16

The saying that it is better to be
born lucky than rich is strikingly
confirmed, says an exchange. by the
experience of G.. 81. Shattuck. of
Wood county. He bought farm
some time ago for $500 and found
it rich in oil, and sold it for $780,
600.
The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1898-03-16

Chicken thieves are at WORK
again and some fellow may get
called down from the roost in a
hurry.
The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1898-03-16

During this pretty weather, the
Court House and jail public pumps
should be repaired.
The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1898-03-16

The Norfolk and Western rail-
way employs FIVE crews, and han
dies more freight than any single
track road in the country.
The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1898-03-16

March came in quietly and with
out storms, but don't think that
spring has opened, for March may
turn the table on your thinker and
sink it into oblivion.
The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1898-03-16
Free! Free! Free!

Given away for few days only,
commencing Saturday, March 5th,
200 boxes of Wright's Celery Capsules
at Hooff's Drug Store. Any person
AFFLICTED with Liver, Kidney or Stom-
ach Complaints, Rheumatism, Dys-
pepsia, Constipation, Sick Headaches
nget one of the boxes free. Parties
living out of the city can get them
free by addressing The Wright Med.
Co., Columbus Ohio.
The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1898-03-16

Marriage license issued Satur-
day March 18th: Chas. w. Eads
and Lula 2. Rodgers
The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1898-03-16

Mr.. Fred Gebberts son cut his
hand badly Saturday night with a
pen-knife.
The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1898-03-16

Good roads are what the people
want. Good roads are necessity
to the farmers, and to the business
interests of the city. ALI the peo-
pie cry for good roads. but their
appeals fell on deaf ears.
The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1898-03-16

What difference does it make
about who the Republicans run
for Congress? They are not in
the race.
The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1898-03-16

Wood county is to have new
$4,000 court house. This is hard
ly good enough public building
for the best town in the State.
The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1898-03-16

Bachelors generally wipe their
dishes and clean their lamp Chin
neys with the same rag.
The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1898-03-16

The pretty girls who are making
maple sugar should send the editor
a chunk of sweetness now and then
to secure a pretty wedding notice
in the sweet by-and-bye.
The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1898-03-16

From all over the country, come
words of praise for Chamberlain
Cough Remedy. Here is SAM
pie letter from Mrs @. Shep, of
Little Rock, Ark: 81 was suffering
from a very severe cold, when l
read of the cures that had been
effected by ChamberIain's Cough
Remedy. / concluded to give it a
trial and accordingly procured a
bottle. It gave me prompt relief,
and I have the best reason for rec
ommending it very highly, which
I do with pleasure" For sale by
Geo. w. NJ. Hooff. druggist.
The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1898-03-16

The roads have dried up wondez-
fully fast, and Point Pleasant peo-
pie have been enjoying driving
hugely.
The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1898-03-16

It is question whether BIZ
cyclers should be permitted to use
the pavements after dark.
The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1898-03-16

The young boys are "plunking''
marbles, and the crows are issuing
their familiar '.caw, cav" Sure
ly these signs are a prediction that
spring will soon be here.
The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1898-03-16

If a sermon is aimed at the con-
tribution box it will not reach the
hearts of the hearers.
The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1898-03-16
DRESS GOODS
SILK COUNTERS

Has been brought together collection
of SPRING FABRICS which are truly
tempting-on account of the great va
riety of weavers and wide range OF
of colors-
EVERY SEASON FINDS Us
WITH LARGER and BET.
TER ASSORT1TENT.S
THAN FORMER
SEASONS.
We never miss an opportunity to add
to our already splendid stock of
Dress Materials.
The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1898-03-16

Some people grow SO enthusiast
tic over things in which they are
interested that they win lie a little.
The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1898-03-16

The Woodford well. two miles
and a half from Weston, came in
a good gasser. 1t VIII be p1ped to
that city for fuel and lighting pur-
poses.
The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1898-03-16

MIR. o. f. Williams has bought
from Mr.. j. B. Tippett, the lot in
the Extension, between Messrs.
Chambers and Borgess., and will
build a residence thereon at once
The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1898-03-16

Henry Gilmer, of Lewisburg,
received from the department at
Washington, recently. 500 Cali
fornia trout, which he placed in the
streams about that little mountain
paradise.
The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1898-03-16

This is the season of the year
that the road surveyors ought to
be at work on the public roads.
The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1898-03-16

A girl might as well be retired
in convent as to have younger
sister who is SO much better look
inc