smithclay/nortonstories huggingface dataset:
Year: 1877

gold are provided to redeem all the
outstanding greenbacks, and that the
greenbacks are presented and SO re-
deemed, and the nation reissues
them; then it would need another
three hundred millions in gold to re-
deem them again and so on I'D 1ntnl-
tam. But it will be said that ii the
gold is there the notes will not be pre-
sented for redemption. True: II gold
does not bear premium; But ii the
Bank Of England puts UP its rate OF
discount. OF the balance Of trade sets
against us, up would go the price OF
gold; and if the premium was only one
tenth of one per ct. the greenbacks
would be presented by the bankers
and the gold demanded.


But there is no power on the part
of the government to reissue single
greenback after it is redeemed; and
Wall Street does not propose that 1t
SluIl DC IGlSSucu. sa


Why issue three hundred millions
of new bonds to purchase gold to re-
deem the greenbacks if the green
backs are to be issued again! What
would they then represent! Not the
national debt, for every dollar Of that
would be in the shape Of interest
bearing gold bonds. 1t is admitted
that the nation has the right to put
part Of it's debt into the shape OF
notes. but how can it issue notes when
every dollar Of its debt is already in
bonds9 Either Mr. Pierce is grossly
ignorant of the whole financial ques
tion OF he is attempting to deceive the
DeOOlp
Year: 1877

11ASSA OcU. D, 1911.
Editor init Uonopoiist:


If gold was not used as money it
would be worth but very little. The
paper that is used for money is worth
but little. yet the world could do with
out gold better than it could without
paper. The questions | wish to ask
are:


I. Does gold add any value to pa
per money! When the government
stamps piece of paper as ten dollars
and piece of gold as ten dollars. is it
that fact that makes either worth ten
dollarsl


II. If there is no law discrimina-
ting in favor of gold the paper money
would be worth just as much as the
gold. If not, why not! A Bank of
England note is worth as much as
gold all over the world where paper
money is used. What is possible in
England is possible in the United
States.


III. Is there any necessity for
these national banks and is the money
they issue worth any more in any way
than the greenbacks issued directly
by the government.


". What would be the effect on
the debtor class if all debts were pay
able in gold and nothing else9
Y. Could not gold be put up or
down by the moneyed powers as well
after resumption as before!
VI. Is it possible for the United
States to accumulate gold enough to
redeem al. the paper money necessary
! TO carry on the business of the country!
ask these questions believing you
understand them better than most
men.as notice that onmost questions
pertaining to government you are two
or three years ahead.


| Yours Truly,


| GORDON JACKINS.


We reply


I. Money is medium of exchange.
It measures the value of the articles
to be exchanged as the yard-stick
measures the cloth or the grocer's
scales the sugar. A farmer desires to
swap a hundred bushels of wheat fol
groceries, lumber. and dry goods
He cannot conveniently deal directly
with the merchants who have those


articles for sale. So he sells hi!


wheat. That is, he reduces it to it.


current value in money, and take tha,


money to pay for his purchases. Th,
money he receives measures the valu,
of his wheat and also the value of tn,


goods he buys. Without this medi
um of exchange all commerce woul.
.. be reduced to mere barter and societ,
: would remain In rude and primitiv,
. condition. 1t is the function of gov
Year: 1877

ELK RIVER Sept. 20 1877.
Editor .dnti-Monopolist:


I take greater interest in reading
your paper weekly than any other
that reaches our counter, for the rea-
son that it is emphatically the peo-
pies paper, run in their interest and
encourages the sons Of toll, dealing
it's sledge-hammer blows against
rings, powerful monopolies and all
other combinations to enrich the few
at the expense of the sweat and mus
Gle Of the masses. We feel that the
Anti-Monopolist occupies a place in
neWspaperdom, that must otherwise
remain a void; for it's editor has the
brain to conceive the right, and the
pluck to publish it to the world. An
editor who is tied to party is slave,
for if he has noble, manly, honest SEN
timents, he cannot express them, If
they come in contravention of party
tenets. He is bound to accept all hold
up the veriest villain and call him
a good fellow, honest and true if he
is only on the political course bound
for an office. But we are happy to
record the truth that the Anti-Monop-
olist sustains no such relation to any
political organization. Go on, Mr..
Donnelly. continue to expose the
shams and tricks Of bad men who are
trying to deceive the people, and you
will win.


But / intended, at starting, to ask
you question Or two in relation to
the financial matter, feeling assured
that you would give us the desired in
formation. What a man cannot un-
derstand, 4 if at all interested, he ap-
peals to those who have the ability to
assist him. So, we apply to you, and
| if you have elaborated the subject be-
fore, I'm sure it will not suffer by
repetition. Howeve much we may
differ as to the cause of our present
deplorable condition financially, all
agree that the history of our republic
from it's inception scarcely furnishes a
parallel to the widespread misery OF
the entire people to-day.


Now. is the country poorer in dol
lars and cents than when the war
closed in 1875, or say, six years later,
If so, how do you account for it!


There ought to be more wealth to
day than there was ten years ago
Because horse, COW or anything else
was worth twice or thrice what either
will command to-day, can we not just
ly attribute this difference to the in
fated candition of the currency


Then, greenbacks, as compared with
the wold's standard, gold, were worth
but 30 cents per dollar, consequently
it would take three times as man!
i dollars Of currency as Of gold to pur
chase a horse; but one could Obtain


the three dollars as easily as the on


in gold. So. what is the one in gold
: So, what is the differencei Was thi


enhanced value ingeneral, real! Wa
the real wealth of thel country aug
lmented about threefold! To illus
,, trate: If the markets of the worl'
! demand during the year, say one hun
dred million bushels of wheat, an
Twill pay therefore one dollar pc
Year: 1877

AN IMPROVED OIL-CAN.-Mr. Leonidas 4.


Shell, of this city. has received patent for
an improved oit.can. r 1t has attached within
it a torce.pump and measure so constructed
and arranged. TINT the oil.mny be pumped
from the barrel or cask either into the can an
Itself or into the contained measure, the lat
ter being provided with q gauge which at
all times shows how much oil IT contains.


When it is desired to fill the can the oil may
by this arrangement be made to pass first
into the measure gallon by gallon, thus
readily showing how much is transferred
from the barrel the cnn and when selling
the oil By retail, any definite quantity can
be drawn; Immediately from the can by
means Of the contained pump measure; and
gauges. z
Year: 1877

The Canal Break is truly an important
source OF anxiety to, our manufacturing
population, and the progress OF the work
in the way Of repairs is interesting to many
q Door person in our midst. The workmen
were busily engaged yesterday IN sndeavor;
ing to mend the break. but the sudden ana
bitter cold snap OF the night before rem
dered their work Of but little avail. It Is
hoped that by the end OF this week the fac-t
torres will be enabled to- resume!work.
Year: 1877

FIsH CANNERG,-Now that the Myers
Cannery has demonslr the fact that fish
ing can be made II profitable branch Of
industry, it hchooves the next legislature
to&naCt such laws rs will prevent the
ruin of our fisheries in few years.
Catching such vast numbers OF the fish,
Just before they ascend the river to de-
post their eggs, will in u short time
without proper propagation, soon pro-
duce scarcely Salmon were once us
numerous on the Atlantic MS they are
now on the Pacific Goust. There are
hardly any there row, only where they
have been introduced. Trout have dis
appeared in the same way, and the same
result will follow here, unless they are
artiticially propagated, or protected
during the spawning season. Another
thing we have been informed of which If
true, is an act of injustice to this Terri
tory. The fish taken at Mukiltco, are
labeled Columbia River Salmon. II the
catch here is of as good quality as oil the
Columbia, let the Sound country have
the credit OF it. If inferior, they ought
not to be palmed off under an assumed
name.
Year: 1877

Cor IT BAD.-SnohOmish City escapes
few of the epidemicS, Measles, scarlet
fever, diphtheria, summer complaint and
rheumatism has each paid us an unwel-
come visit. And now II new visitation
is upon us. One of cur young men
went to Port Gamble, was exposed to
the contagion, came home and recklessly
spread the virus all over the country.
Such breaking out OF Base Ball never
took SO rank hold in the memory OF
the Oldest settler. Such COntOrtion OF
muscle and incOhcrent conversation is
enough to make Japanese ambassador
crazy. The new club has not been
chlistened yet, but if in proportion 10
the ambition and expectations OF Its pro.
genitors it will have way up name.
May we be bdttod on the head, havea short
stop put to our rations, get Pltched into
the river catch cold and have Il lang stop
with the doctor, If we are JaSc enough
when we are ont to go i0tO any such an
arrangement. That's our score on Base
Ball and now we are ready to settle with
the cGpeh and the umpire.
Year: 1877

INDIAN FIGur.-Anothcr severe fight
with the Ncz Pcrccs, in which the RASH
ness oi the whites, in charging Indians
in their lodges, has resulted in disaster
and loss of life. We do not feel like
cehSlrlng any one, as we only have re
ports to Judge by, but West Point
tactics, however necessary ns Il measure
OF discipline, will not do in Indian war
fare, The willy rcd skin cannot be
Drought to II general engagement only
on ground OF his own choosing. Gen.
Gibhon reports that he surprised the
enemy. But the surprise was only u
trap, in which he lost heavily in men,
horses and baggage, 1t is no use to
despies the Indians Whites cannot
whip them except by adopting the In
dian mode OF warfare. That is the only
way they ever We're, or even will he
whipped


For SAlE.--Esrwhrre in this issue
it will be seen that NJ. Romines offers
for sale the upper warehouse and wharf,
with adjoining lots, This property is
entirely new, and wharf and buildings
are OF substantial character. The
County Commissioners have established
rates of wharfage and the building are
suitable for store house and iced store
and is tavor0bly located. He will sell
the property on easy terms or give long
lease OF the same, In "a growing COM
munity like this, we see no reason why
a man cannot build up a good paying
business by leasing or purchasing the
above named property.
Year: 1877

TAKE CLMM-W have frequently
pointed out to the young men who come
mere on the river seeking for employ.
mcnt, the advantage that would accrue
I" them hy taking up claim. If they
nave net the money to pre.cmpt they
can homestead, aud five years residence
and cultivation will give them title,
Every mducemrnt is held out for settle
mcnt. The tide of emigration will be
greater this fall and next season than
ever before. Thousands of claims are
now vacant that in II year or two will he
taken 10y new comers. Young men in
trampmg from camp to camp, looking
tor work, pass over land that will soon
be the sight OF happy homes, which they
might now have by taking up but
winch they cannot buy at any price in Il
few years from now. These young men
will yet envy some settler his home, that
they could have had us well snOt. The
thouJhtess, the discontcntcd and the
new conner may run down the country as
much AS they please. Times, wages and
business generally is better on Puget
sound than anywhere else, unless our
exchanges, and all who have lately re-
turned from abroad, and all who write
from other places to friends here, have
conspircd to misrepresrnt other local..
ties this we do not believe. People
will come 10 tins country and sgttlc.
Those already here had better secure Il
clam at once.
Year: 1877

Yesterday His Majesty Alfonso XII..
King of Spain, reached the mature age OF
twenty. BY special provision of law His
Majesty reached his majority two years ago,
but it was majority i'll which the wise men
about him had no great faith, SO far, at least,
as related to the point that it did not in fact
make him any older or any wiser than other
boys of eighteen, and they consequently
kept him under the defined restraints OF
official advice. These restraints will be re-
laxed somew hat now, if not altogether dis
solved, and the occasion of this important
birthday was made great festival In
Madrid But an event of tar more interest
to the little King was doubtless the promul-
CATION on this same auspicious date OF the
contract Of marriage between His Majesty
and Mercedes, daughter Of the Duke OF
Montpensier, a marriage that will yet put
member of the family of Louis Philippe on
the Spanish throne.
Year: 1877

From the Geographical Society of Mar
seilles we receive the expression of its ad-
miration for the achievements Of Stanley
and its appreciation Of the contributions
made to geographical knowledge through
his great success in following the course of
the Congo. We print with the communica-
tion of that society the translation of a
letter addressed to the London Missionary
Ne,cs by lady in France. This letter re-
fers to the antics some time ago INDUCED
by some of those awfully good Englishmen
who reflected upon the horror of Stanley's
defending his life from the assault of savage
tribes lhe letter is one of eloquent in
dignation and piquant criticism. The
Countess writes with that fervor and sym
pathy that is part of the nature of nm
earnest woman and exhibits plainly her
faith in church militant. She believes in
opening Africa to the Gospel and does not
see any reason why few thousand savages
should be regarded as a sacred obstacle TO
SO grand an achievement.
Year: 1877

be loaned by our leading merchants
and wealthy families for the occasion.
There are to be on exhibition paintings,
statuary, bronzes, handsome fans-some
coming down to us from Queen Anne's
time-valuable laces, articles of vertu, and
curiosities picked up in various parts
of the world-some Of them of priceless
value, which cannot at any other time be
seen outside the elegant homes OF their
owners The exhibition is to be held in
the rooms of the Academy Of Design, and is
to open on Monday evening There will be
a crowd of the fashionable world present on
the opening night, and there can be no
doubt of the splendid success of the enter
prise-a success due to the devoted labor OF
its fair projectors as well as to the noble
character of the work in which they are
enlisted.
Year: 1877

There was a man on his way home, as the
small historians declare, rather late at night
and in the condition of those who have too
often crooked the elbow Of convivialty. AS
is perhaps not uncommon in such cases,
being oblivious to the outer world, he rea-
soned in and with himself, and he thought of
wives and of the obstinacy with which they
sometimes sit up late for a man, to reproach
him with their eyes when he finally arrives.
Reasoning thus he said impulsively to the
moon that if he found his wife sitting up
when he got home, "By jingo he'd thrash
her." Then his fancies skipped little and
he thought of the calm indifference of wives
who 90 to bed while their husbands are still
out, and he assured the lamppost that if his
wife was gone to bed when he got home,
sBy jingo! he'd thrash her." 1t seems
to have been left for Marshal MacAIahon,
President of the French Republic, to apply
in politics reasoning practically like this.
He has Ministry to which the Assembly
objects, therefore he will keep them and
sustain them. The fact that the Assembly
assails them is q reason why he should not
give them up. They are ''under fire." as
was said by another man who also applied
military ideas in politics. Now, the Mar
shall holds on to his Ministers because the
Assembly is against them; but if the Assem-
bly, was not against them--if their persons
and politics were quite agreeable to that
body-then he would hold on to them, of
course. No one would even have raised the
point OF the propr:ety Of ousting them.
Thus the Marshal keeps his Ministry if
the Assembly is pleased with it, and
keeps it with removed emphasis if the
Assembly is Ndispleased with it, and
in short keeps it any way, because he is dis
posed to keep it, and snatches at any fancy
that has the aspect Of o reason and seems
to give his conduct some ground in political
theory or principle; though to his befogged
vision very minute fancies evidently look
like reasons, as doubtless to drowning
man any straw looks like the mast Of ship.
But what is q poor Assembly to do in such
case? How can it proceed to secure Min
istry in accord with the national will it
represents? 1t agrees with the Ministry
and the Ministry remains. 1t opposes the
Ministry and the Ministry becomes immov-
able. But passion rises in the French As
sembly as the natural solution of the politi-
cal complication is delayed by the web of
factious fancies or mere childish incapacity
to comprehend free government, and as the
passion rises it becomes constantly clearer
that If the President Of the French Republic
cannot change his mind the nation must
change its President Can he change his
mind? Very contradictory evidences are
given on that subject. But if the President
cannot change his mind can the nation
change him? That is to be tried ; and it is
hardly doubtful that if the Chamber takes
any step to force such proceeding the
President would oppose an armed resist
ance.
Year: 1877

ssThen commended mirth, because q
man hath no better thing under the sun
than to eat, and to drink. and to be merry
for that shall abide with him OF his labor
the days of his life, which God giveth him
under the sum-" This passage of Solomon
was not contrived especially as text on
which to preach the funeral sermon Of the
turkey-as the chronological difficulties will
suggest to an average public There was
no turkey in those parts. An excellent
authority has declared that ''they
didn't know everything down in
Judee," and one of the things that they
didn't know was the noble bird who will
play SO conspicuous part in the household
festival that the American people celebrate
to-day. Their ignorance in that respect we
can pity as lamentable. But Solomon's $
thoroughly sound views on the sort of con-
duct that is proper for occasions like to-day
are irrespective OF any particular article of
diet and can be none the less welcome be-
cause they are more liberal in their spirit
than the larger number of lessons that VIC
derive from other pages of the same volume.
1t is good gospel Of life that
he who labors shall enjoy the fruits of his
labor and that if in the whirl and the
worry-the Kaleidoscope mutations Of life
there shall be little else left to him. at least
the solid comfort of his good dinner, his
pitcher of cider and the home dance and the
CHEEKY voices Of the singers are SO many
substantial gains, than which "a man hath
no better things under the SUM-" Fortu-
nately these are things that the enormous
majority Of men can have in this country,
and it is comfort to have such sound
opinion that what can be had beyond these
is no better.
Year: 1877

dependence. Even on Patterson and
Conover this vigorous cracking of the
party whip has had potent influence. 1t
extorted from both of them speeches in
which they asseverated in the strongest forms
of language their immovable fidelity to the
republican party and their purpose to vote
with it on all other questions than this one
of the admission of Butler.


The republican leaders care less about
losing their majority in the Senate than for
maintaining compact unity and party dis
cipline. They would not value majority
which was liable to break and divide as
often as there might arise a crisis tempting
friends of the President to vote with the
democrats in support OF his measures or his
nominations. They think the .surest way
to maintain their majority is by unfinch-
ingly whipping every recalcitrant member
into the party traces and tolerating no
dissent. They can rely with complete
assurance on the Vice President SO that
even with an equally divided Senate they
will be strong enough for all practical pur-
poses SO long as they can enforce rigorous
and despotic party discipline. What has
occurred during the past eight days, SO
bootless in other respects, will be regarded
rs valuable expenditure of effort if the dis
play OF the party lash suffices to intimidate
oil waverers into abject submission to the
behests of the despotic leaders. If they
prove to have been successful in this at
tempt they hope to make it basis for
bull-dozing the President. With disci-
plined and obedient majority of one they can
thwart the President at every point on
which he may refuse to yield to their dicta-
ton. They know that two or three resolute
supporters Of the President could always
foil them with the aid Of the demo-
cratic Senators, and hence they are bent
on subjugating every republican mem
Der to caucus control as an indispensable
preliminary to their design Of subduing the
President or reading him ont Of the party.
Year: 1877

THE MISSISSIPPI TIMER Men and the jackson
county authorities appear to have given up the
idea of going TO war with the government and
have petitioned Congress to send down a COM
mission to examine into the difficulties
Year: 1877

A SUIT OF CONSIDERABLE INTEREST to con-
tractors was decided yesterday against tho city.
The plaintiff, owing 10 the failure OF the Comp
. troller to pay him as the work was performed,
was compelled to give up the contract. lie sued
to recover prospective irofts and got verdict
in his fnvor
Year: 1877

TIE HEADS Of the city departments, whose
united wisdom cannot devise II plan to clean the
streets ought to call in couple OF common
sense business men. to assist them Any two
will do.
Year: 1877

TIE TRooPs TO BE WITHDRAWN "A
telegram to the New York World, states
that the troops are to be withdrawn from
the State House in Columbia immediate
ly; but they are not at present to be re-
moved from the States. No one objects
to part of the troops being in South
Carolina or Louisiana either. AL that
is demanded is that the troops shall not
meddle with State politics, nor attempt
to crush out the liberties of the people,
as they have been doing for the past ten
or twelve years. In referring to the sub
ject the World says: eff this means that
the soldiers are not to interfere hereafter
with the civil authorities of the STATE, the
South Carolina case may be considered
settled. As the Democratic claim in
Louisiana is much stronger than in South
Carolina, it is not easy to see what ex-
cuse the Administration, can invent for
failing to follow its own precedent; and
yet to follow it must lead to the acknow-
ledgment that the work of the Returning
Board through the action of which Mr..
Hayes now claims to be President was a
fraud. That South Carolina has ceased
to be a prostrate State is the first great
result Of the stand taken by the Demo
Gratis of the Forty fourth Congress in re-
fusing to vote supplies for an army law
lessly employed in suppressing civil gov
ernment in the States.
Year: 1877

PRESIDENT HAYES lost his opportuni-
ty. Had he removed the troops from the
State buildings In South Carolina long
ago he might have reaped some credit
thereby. But he now yields to right so
late and SO reluctantly that the people
conclude that in doing so he only makes
virtue of necessity.
Year: 1877

HAMPTON is to be Governor of South


Carolina because he was elected and a
commission dosn't fit the case. The Or
gans must right about face again. The
Press to the fore--a double-leaded lead
er in favor of the Confederate trooper
will now be in order. Forward Times.