| OCR Text |
Show WHAT JACKSON DID. a E-- Vs H 2 44 '4 3 Contractors and Builders. BP, K 4-- A Full mmrr ran JW fS B tRUSHED BANKS IN ORDER TO STORE GOLD TO CIRCULATION. a Wood-- Line of orking W 6r O r J 11 r"1 1 rss4 111 3 IL Rooms thanged Ratio From Fifteen to Siiteau to One to Brine ild llark-One Who Thought That All Mankind Hd a IVe,l. tlettkm For Gold Sileritt4 Mho Kulo - J gUe Jackson Should Rad Uutory. !, Ail;, 305-- 6 SilT ; u-Ita- CliY, ' - j , Wu TO H SO Tl U i Aft-i- I j F. DUU AND H still u l found ut Li old Man", Optra Horn) Block, Murray, ChaS y j I Democrats haveboennn-oenallprofuse tliis year iu eulogies of removing i;uperlluius aair Jefferson auj Jackson. They have atfrom the faces of rami. to make it appear to those tempted O O nH;rr CnH fd with Demoerutic instincts that it haa been the regular thing for 100 years for Democratic statesmen to champion silver ami cheap niouey. Jefferson's opposition to cheap money and repudiation B.Y.RANDALL. Prep of debts, and his odvoc&ey of a coinage ratio which should always be kept close rrrrri Trrr rt, . " to the natural or market ratio, has been Bunt), Cie, C. ke, fete, made clear during the last few months. LUNCH STAND. Tue anneals of tha silver TVmnmita I to General Jackson are meetinc with Hot and Cold Lunches. the same fate. In a recent speech Hot Go flee with Cake Met. Josiah Patterson of Lunches put up for travelers. Tennessee, lifter calling attention to the fact that previous to 1S76 no American Cat. rt t th Wiints of the Pu'.iij fur Par Btatesmau of any party approved of the ties, Wrddinip, tllrthdnyt. Etc. absurd doctrine that government can Three doors South of 1W Office maintain bimetallism regardless of natural ratios, spoke ut some length upon Jackson's position on money and currency. Here iH what he said: "Nothing within the rungo of poiii litical absurdity conld equal the followers of Brypresented by the an when they met on the 8th of January to eulogize Jackson, v. ho courageousBilKird a IVol Room. ly restored the gold currency. "Have these gentlemen ever paused long enough in their assault on the pros& Liquors. perity of the country to inquire why it Selected Stock of Wines was during Jackson's administration Imported & domestic Cigars. the ratio was changed from 15 to 10 to Family Trade a Specialty. 1? If, as they teach the people, we had A. E.OAHOOX, Propthe concurrent circulation of gold and silver from the passago of the act of 1792 down to the suspension of the coinage of the silver dollar iu 1873, why was this change made? Are they ignoBOOT & SHOE STORE rant, or do they disguise the fact that . after the act of 17H8 gold restively to tSimi's pest & test sih;-iSOil (lialn ',irkiti Slwci. US') silver was undervalued and went out of ' 8 t In Calf, rine Slims, ).ri circulation because it was worth a litLnflit-t1.25 ciifi 'lft Hut inn Midi's. tle more as bullion than as money? Do Mi66 8,Uu S & t'htluron's t lowest fclns they forgot or do they suppress the fact Boots r.nd Shoes made to orJcr and re that gold remained out of circulation while yuu wait. pairing nei.tly &dime for more than 80 years prior to 1834? t lieclort 'a?. No Men's Bouts soled 5r ' fit " " " o "Are they uninformed, or do they l.ailie,' llnBB ' " ' " to i.liiklrenB t,i conceal tho fact that statesmen illustri- Sieu'B slim s sanin price ae boots. All tiapg i, ous in Demooratio annals for many pa chiuir will V.e chanced extra John 1. ;"ivp. years prior to the administration of Jackson advocated the restoration of the Murray Street, Murray. gold currency? Have they never read history, or do they withhold tho truth, when they ignore tho fact that the bank of the United States selfishly opposed the restoration because the people would prefer its bank notes to a currency so bulky and inconvenient as silver? It was Jackson who 6aw tho necessity for action, and who struck the blow which crushed tho bank and brought hard money to tho pockets of tho people. It was Thomas II. Benton, speaking for the administration of Jackson, who declared in tho senate that the only way to crush tho power of the bank was to restore gold to circulation. Hero was Has Con.stantly on Hand tho necessity and tho only reason for the passage of the act of 1834 establishing the ratio" of 10 to 1. "Tho similarity between the discussion which took place in 1834 and the OISCUSS1C11 Wmen tOOft pjucoin, ltno :. striking and instructive. Hard money . l'.acon, Democrats, in supporting tho polity of Jackson, advanced the same arguments ?B ! ouy which the sound money Democrats adsi!l vanced in supporting tho policy of meats will be kUI tU but Cleveland. If tho hard money Democrats insisted that the undervaluation gyr WHOLESALE PEI'.T'S. of gold by tho act of 1792 forced it oot of circulation, the sound money Democrats insisted that the proposition in the Chicago platform to overvalue silver, if carried Into effect, would bring Enough For all the Vinter Evenings about tho same result. "If tho hard money Democrats recognized that the act of 1702 had no per- T0WII TOPICS, ceptible infloenco on the commercial value of either gold or silver, and the th followlns prl'e novels (.'10 llu'.NDKKU only way to restore gold to circulation AND FIFTV-S1p.iKos, n(rulir pr.c tit IV for FIFTY eos any 0UK i for 0NB was to change tha ratio, the souud mon- .ct.): 1XH.LAK any TEN; for ONF pou.AK AND ey Democrats recognized that tho free A HALF the whole library of SUrEtS voIuukb. SALE OF A SOUL. By C. 31. 8. mintago of pilver at tho ratio of 10 to 1 when the market ratio was 33 to 1 OF TEE KISS. ByA.B.Vu would result inevitably in silver monoIH HADES. By Clarke metallism. If the hard money DemBm""iiTS OF CBANCt By CtpWa ocrats contended "that all mankind had Alfred iioniptnn. K EN riv Cliarlsl'tnl!r'n9-U-Aa predilection for gold, "the sound mon- 1- 0- ANTHONV KCI.ll'BK OF Vll.IbK By Cliuu.n Democrats contended that a gold ey SITtES By J.n "Hk. HiirolJM- standard was preferable to a silver DilEApFOJL, ViUUAS. By standard. If the hard money Democrats, IN DEKVEK. ByOilmor McSfnin order to maintain the gold currency 1- 1- v'lli"? SAV9 GLADYS. Bf Davii ClrMit when restored, undervalued silver by GinL. By L H. making the coinage rutio 16 to 1 when By HtrcU B. FOR HATE the market ratio was 10.C8 to 1, the T. O.JIa. RrT.T'Hort. By THE sound money Democrats resisted tho 'si MAN. By Olwipion ) '? IF. WnoNO FOI-. HtTNT DAFHNES'i By Aa scheme to overvalue silver so as to force the retirement of gold. If the hard SI IlEBTRAMGE EXI'EWMEST ByHuoW U. Vynns. money Democrats, after the passage of numbers theoovoli yon wtot the act of 1834, pointed with pride and rB- lodlcatt by tbe exultation to the prosperity which folUon't Tobacco Spit mid Smoke lour Mfe li"). lowed the restoration of the gold curTo quit tobacco euntly and "forever, be rency, the sound money Democrats have netlc. lull of lite, nerve and vigur, tuks men the Hint mnkci never faltered in warning their counCure All druKtrists, Wa or trymen of the disaster which would folAiU'tss Hookk't uutt sample f" foim ling Remedy Co , !tilcttt:o or New York. low its retirement. "The truth is the country is indebted To t'nra UnnEtipatlon Forir. to the hard money Democrats, of whom T.'.l e C ;earrts C:iii:ly iMtli.iruc ve rrSa ' c, n.jirJackson was tho chief, ?or the gold j, fjo (r. euro, iiri... luesijvfr sailing. Jurmna, - SASH, , DOORS, UdEiJaiy MOULDINGS, ETC. OBTTlio COTJXTTY- BQ2ID, - West of Depot 7w.v 1 t rats Intftent to study the rates of iutt chargid in gold and silver standard Countries and to compare the average rdtet of interest on certain classes of loans in sound money states, which never favor repudiation, and in states which flee coinage and which sometimes favor repudiation of debts. It is difficult to p t exact figures of interest rates in dim rent state and countries, but the statistics obtainable are not fawvahle for tho farmer who votes for ftee silver with the expectation that it would enable him to borrow. money at low rates of interest. According to the last census, the average rate of interest on farm mortgages iu 1H90 wits 7.30 per cent. The rato has undoubtedly declined since then, except., perhaps, in certain states which are voting and legislating against capital. The rato is also higher than that ou most other classes of securities. It is probable that tha average rate of interest in this country is now considerable less than 0 per cent. Iu England, Franco, Germany and many other gold standard countries it is undoubtedly less than B per cent We have, however, put the rate on tho barometer at 0 per cent. In Mexico, Central and South American countries aud in most other countries on a silver basis tho rates of interest will probably average more rather than less than 10 per cent. Statistics on ordinary loans on farm mortgages are not available for comparison iu these countries. Perhaps tho best avuiluble fm-o- r e i - r s pri'-i-- bet-I- E Li 1 t i o Steam Heat and Electric Lights. A, E. CAHO0NrS&anager. i eat & V IS .ii lif U V.! k l 4 iiy article of ".fcrtiiaudiso for sale in Murniy cun he found iu Great Quantity, and of the Highest (t (ua!iiy at our wore. li. V. DAYTON, Mniwgr. Live Steel 8 ' i' rnOPBIETGBS ft' :, U i LJ 21p 3 - Saloon &B lliard Hall tr 4 Careful Attention r ' 9 IfAM Ifs"EW IfS ill! ' " (liven in 1 .Sclioo! l" VIU. . it-- i r. OVER t. HIGHEST AWARDS at the WORLD'S COLUMBIAN EXPOSITION f'ki i. :, OF" sr Wines, Ij Always on 8 r i q u o 8, Cigars, s? 11 aud, p CarEson & Birch. " ::::: yy-:- ' m-mos- a a-- I'Jr TO e .: (, w u nr V '.l ; s V- c ; i. h ?. ; V I,' a a a u u, y o (; Jot 'V!.""i rtj r.rcnls, i:;ckts i: ttm -J fSOJ-V- f rj,tj , i l . CtiV.'s.;tcl r r. A Standard of VhIuc, Our monetary standard is but a measure of values. Upon nothing iu stability depend crowth and H bo Diustt the vory racopnized as best . . 1, t.t...r,...i iu, Wii as at Homo if our e .. n... - f.,f,,v.-,. iii.uuim! ,, coinmercliil (Ul lilU leamng nations of the world ia to continue aud develop. ';'.;- Sfnd tcr o ,i teojlif .! f Is .'e i.!r: c.'.f - v.,-- ere ; ui !,n--.- i f r.'A l rc;res"-i.!tJ- t..i W. a?.r;.?i, c.tj. FOR aALE BY U E. HALL, .3ALT UKE V.J CITY. T'v -- FCR '(': Vy . v,".t w v VD Y l A tf A A" r dln-.r- Ir.mhiv fan bo fto-imo oies, ...t y - U55. HOTEL on H e fu. I. '"K.'.'-.x-;- - ,.,!. ho ruEt.e - hof.ch?at. cooscHisy. t,. ...... j f.,. i;.',. ' j- rO . it!t 'i;'t fti I i . t v I,;. lor ne.v lll.'s'ratptt . C:t!o.rif. aith pflci. CO., Ctuino, Wis. i tt.r , t MADE AND SOLD Arrangement SINGi R L i .. !.ro te anv lift cv,rr;? ma .hit be iuar!il ' V"" Uiand .... . i'ri'-'Ut.- tnchir t ? . k.i.H tnr, t. s .jit.-,v.- i C feJ . ..;.("f al El at" i'il 8ys ALL r,F"'l'tn'r '''''' "H t net careful mn 'm u " rrtu sre iht lblliis. lil.'iiral rriotn. hsm-- l r ,tent,n plnl '".'ir You If. I. olio,. ahiiu. Ii t ,i,e .atlma; Hfiwln.,. , 1'e!,CB Icalmg. t. - L ? . s-- w SEWING The Singer Manufacturing Co. evehvwebBOFnens Pa-!- T a attM.tU-i- !' f ....f4itnh.....i.. ot ? - Wi4 from a competent . , ATTfa mmmrmm nme. your jT" 'wiis;' LEAD THE WORLD For Excellence of Design, Excellence of Construction, Rcirularity of Motion, Ease of Motion, brent Speed, Adjustability, Durability, Ease of Learning, Convenience n( I &.IK A M mttlUTESEWIMMOfML 6, HirnHi-r- C- -- Family Trade "P- I i 13,000,000 e 4 5 t I CLZVILAHD. ..&H"QCSi selkti;d vi. CAUr.i 5 L wwvx i . 'I,J. cj 'fiiA iwtil . CUVs 12S. J I ' P ARB Is EVER UNDERSOLD, fe?Esri',:r'-i.?-;":- FVFPX OF Nils RolU, r Ta ylorsvitle Holler ills, KIcifr mils, Wasatch Holler mills, ((in' Pioneer I'ulitil UolUr ZILtllsuiid Salt Lalio Mill t!r.4. I-I- ConiDariy.:; Miilinp" Wlcr's - and Elevator are thosu prepared by Trofessor Irving iisher and published in August, 181)6, by the American Economic association. These show only market or bank rates of interest iu London, Berlin, Paris, New York, Calcutta, Tokyo aud Shanghai for a series of years, and of course these are far below the average rates. Professor Fisher finds that the avorago bank rate of interest from 1H75 to 1879 was 8,8 per cent in the four sold standard countries and 10.1 per oent in the three silver standard countries. In silver standard countries tho rate had fallen but little, the average for 1870-- 1 being 10. 7 per cent. In pold standard countries the rate had fallen over 25 per cent, or from 6.3 in 1870-4- . There facts tend to show that thoro is soruo good reason why interest is lower iu gold standard countries. They aro continued by the further facts that many large loans and some small ones made in silver standard countries are made payable in gold and at rates of interest far below those prevailing. Ono of the alleged reasons why Japan has changed from a silver to a gold basis is to obtain lower rates of interest ou loans which she wished to negotiate. Thero is moro in t his subject of cheap money than some silverites dream of. Tho best money is, iu fact, tho cheapest: If tho borrower thiukg otherwise, let him have his cheap money uud pay the increased rates of interest charged for it. Byron W. Holt. - pimnn-tt-f- Iiiler-Moimlai- wood Stabler. ran tur-- ( p ;s AL i Chas. Mollis, Sllt'il', South of tho liridge, next to s; S C. AVork. TELKPHOXK 6 X . es on -7- - M , aving Leased the Decker Black smith Shop, just South of the Bridge, State Street, Murray, I am prepared to do any kind of work that can be done with a set of blacksmith's tools. Bring me a trial job and if I don't do your work promptly and give satisfaction I will make no charge. a.e thes. Trie Horsshoeing $1.00 titiaratitewd Satisfaction or no Charge. Tire SOttlUg 50 Respectfully -- 4 Crist vorlr a Spacialty. Highest Casli Price Paid io s ' s ALMOST. FREE. Ualhrr A Xew BLACKSMITH l.ffW!ifiit. Fresh ,nd Cured mi M BATS wnnder-wnrlter- Or h j 13 H n NoTo-Ba- illy 1 , 13 t I 1 II CA J ii i COUNTRIES urray This ia the handsomest and most complete opera house in the State, outside "fOcrdon & Salt Lake and is second to none is point of convenience & comfort. 88 Intrt ' A 11 The Ilwrometcr. It will pay silverites who w ant cheap of Money that is, money at low MURRAY -- i.:t of silver, was for;-oto sisbsitiiuiy money in order to suprly the people with sit.aU change, wui how the silver dollars ceased to flow firm the mints sud gold was coined ia great quantities. But this is for- 'iKn to my ti xU puriKso is to show that tho ef the Chicago platform have no right to conjure with the name of Andn w Jaeltson. That platfmm has no preecil- ut in the history and traditions f the Democratic warrv. It iirond a sew di.jensatioii in ainnotfiry eoieueo itreaiued of iu Hie philosophy of Its great le.iden. retm-r- tt-'l- oer - t an tSVct exactly Kn the that of t. Murray Bakery, fpoe-tacl- 131 had ef to how und.-tho Ixrti.ns c.f stue it.ficiLla economic l.,w Koid went out of circulation tinder the ono and silver under the oth-- I 'f- - tow eongrc-- j in 1658, on account of Law. Attorney-at- - RE- ,he t ( Stair Building 3 I - '. g i fi ", c i- - . !.' i i t - . |
