1896-07-17; Clare Sentinel and the Democrat-Press
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15i- >& And B~ 'GRAT^PRESS^^Gonsolldated. Bstsabliahed 1878.. CLARE, MICH.T FRIDAY, JULY 17, 1890. KoWSeries: Vol. 4, No. 34 ^f -r:KS^T^'smr''^ "> ;y>**!Kmwz>i «£**iv*>"fc* i*s^.* JSP****** viiieui__t.iiW!LM« •Wk-StoiKSatt—«*■-. «_WMM_)l>rt4^~«iMI_Kr—» .«♦*_ Jf li K4 y- y Just the Thing for Hot Weather. Per- m fectlf safe, economical, quick" meals without dis- (£ comfort. Portable and very liandy for fishing and berry-picMng .excursions. Call and see them. OF EVERY DESCRIPTION. C^ Give us a Call and Get our Prices, OILS,; FAINTS and VARNISHES. , IPSNIB FISHING TACKLE, Ijepairmg w ■^p- ^ffg^ «ar WILSON has just received part of Ms FALL WOOLENS, and to get •them started this month the price has 4LMOST OUT OF SIGHT. The balance of all SUMMER G-OOBS at said below cost. A*i?A ^.■-'ss- 4*!«*> *_5;:.1_» _% ade to your order for $10 and up„ *fran? PANH ii Oa *twi?- •wi*?- H. WILSOM -It"? If? ne nereo i -"8": Fl HT1 PREPARATIONS FOR 2>,-,<wl Of November 3rd are already under way. A new President of the United State; TH Is to fee elected, and K WEEKLY TRI will, as always, be found in tbe thickest of the fight, battling vigor oasly for soiiBd business prineiples, which will bring prosperity- A The N@w York Weekly Tribune is not only the leading Republican paper of the country, but is pre-eminently a national family newspaper-. Its campaign news and discussions will interest every American citizen. All the news of the day, .Foreign Correspondence, Agricultural Department Market Reports, Short Stories complete in each number, Comic Pictures, Fashion Plates with elaborate descriptions, and a variety of items of household interest, make up am ideal family paper. We furnish TME SEMTIHEL and HEW YORK WEEKLY TRlBUKE (both papers). NE TEAM FOH ONLY $1.1 ABBBUSS &Lh 0BBERS TO THE SBIfTI_f_SU A FREE COINAGE CATECHISM. INSTRUCTIVE ANSWERS TO QUESTIONS ON EVERYBODY'S LIPS. FACTS—NOT THEORIES-FOR FINANCIAL STUDENTS. FREE COINAGE A WILL-O'-WISP. _?ew York Evening Post; The purpose of this series of questions' and answers is put, in simple form, the problems raised by the free coinage controversy, with a plain answer to each, All statistical facts given are transcribed from official publications, and a list of all authorities used is published at the end of the catechism. Q. What is the fundamental claim of the free coin age advocates? A. They claim that the amount of money in circulation has been decreasing since the demonetization of silver, and that this decrease has caused a general fall in prices. Q. Is it true that the money supply has been decreasing? A. It is not. Q. What are the facts.? A. So far as the United St'-'tes is concerned there has been an enormous increase. ,ln 1860 the money in circulation in this country was $442,102,477 ; in 1872 it was $738,309,549 ; by the treasury bulletin at the opening oi the present month it was $1,521,584,283. Q. What docs tbis show? A. It shows that our money supply has increased 240 per cent, as compared with 1860, and 160 per cent, as compared with 1872. . Q. Has the money supply increased faster than the population? A. Yerymuch faster. Q. How do you prove this? A. By dividing the total money in circulation at each date by the total population of the country at the same date, and thus finding the circulation per capita. Q. What does such a process show? A. The per capita circulation of the United States on July 1st, 1860, was $14.06; on July 1st, 1872, it was $18.70; at the opening of the present month in 1896 it was $21.35. « . Q. But has not the money supply of the world at large been decreasing? A. On the contrary it has been, increasing rapidly. • *' Q. How is this proved? A. By the statistics of new gold production. Q. How large has this production been? A. Thereports of the director of the mint which are acknowledged authority, show that from 1873 to 1894 inclusiye, the world's total new gold production has been $2,526 834,900. Q. Is this new product of gold increasing or decreasing? A. It is increasing with enormous rapidity. Q. Give the figures. A. in 1873, the world's gold production was $96,- 200,000;. in 1880, it was $106,436,800. In the year 1890 it was $118,849,000. In 1894 it was $180,626,100. In 1895 the exact total is not yet compiled, but it is closely estimated at $199,500,000. Q. What does this mean? A. It means that the amount of gold annually nadded to the world's supply has more than doubled in the last 23 years. Q. Is not this annual rate of production liable to decrease? A. On the contrary, all experts in the American, Australian and South African gold fields look for a further and very heavy increase over the present rate of production Q. But has not the disuse of silver with full coinage facilities cut down tlie total annual addition to the world's metallic money supply ? A. It has not. Q. Why? A. In 1873 the world's gold production was $96,200,000: its silver production, 81,800,000; total, $178,000,000. Last year the production of gold alone was $199,500,000. Q. Was not the combined annual production of gold and silver larger than this in "bonanza days?" A. It was not. Q. What was the highest record of that period ? A. Between 1856 and 1860, the world's ayerage production of gold was $134,083,000; of silver, $37,- 618,000. Total $171,701,000, or less, by $27,800,000, than last year's production of gold alone. Q. What are we to say, then, of the arguments that the money supply, since free silver coinage was abandoned, has been contracting? A. That it is utterly false as applied to the world at large, and especially so as applied to the United States. Q. Is it true, nevertheless, that the price of wheat and many other farm products lias Mlea heavily? A. It Q. How are such declines, in wheat for instance, to be explained? A. By the enormously rapid increase in grain growing area throughout the world. Q. Has this increase been especially rapid since 1872? A. The increase in grain growing area in this period, especially in ITorth America, South America and Asia, has never been approached in any equal period in "the history of the world. Q. How do we judge of actual competition in the sale of wheat? A. By the supplies -ohrown annually on the world's great distributing markets. Q. What market in particular? A. England, where most of the buying nations go to purchase their grain Q. What are the figures ? A. As recently as 1880, Great Britain imported, for consumptio n and re-export, 55,261,924 hundredweight of wheat— a large increase over the preceding annual average, In 1895,, it imported 81,749,955 hundiedweight. Q. What has made possible this remarkable increase in wheat production? A. The exceeding rapid development of transportation facilities in new cultivated grain countries ; a- mong them India, Russia and Argentine Republic. Q. Has there--been^ an increase in the United States itself ? A. An enormous increase. Q. How large ? A. In 1875 there were 26,381,512 acres of wheat cultivated in this country; in 1891 there were 39,916,897, an increase of 50 per cent. The yield in 1875 was 292,136,- 000 bushels, a heavy increase over preceding years. In 1891, the yield was 611,780,000. Even last year with a greatly reduced acreage and a partial crop failure, the yield was 467,100,000 bushels. Q, Has the yield of other crops increased correspondingly. A. It has. Q. Give instances. A. The cultivated area of corn in the United States in 1871 was 34,091,137 acres; in 1891 it was 76,204,515; increase, 124 per cent. The yield of corn last year was more than double that of any year prior to 1875. Both the acreage and the average annual yield of oats doubled since 1871. Our cotton crop in 1894 was 50 per cent greater than in any year prior to 1887. Q. Was a decline in grain and cotton prices, under such conditions inevitable? A. As inevitable as a decline in the price of clothing, or furniture, or books, or steel rails, or pins, when competion in their manufacture has extended enormously. Q. Would free coinage help the producers of grain to a larger profit,, under such conditions? Not in the least. Q. Do the free coinage advocates use in their speeches these statistical facts which we have examined ? A. They do not. Q. Can the subject be understood without examining them ? A. It cannot; the whole question rests on these facts regarding money and production; Q. Why do the free coinage speakers not use these facts and figures? A. Because the facts and figures are against them. Q. Is there any dispute over the truth of the figures quoted in these answers? A, They are undisputed, even by free coinage men. They are taken from the reports of the United States treasury, of the department of agriculture, .of the director of the United States mint, of the United States bureau of statistics and of the British board of trade; all of them in their respective spheres the highest known authorities. -V/^y^*^m&-^/'--H«-v- 26 inch Cotton Gloria, fast color, natural croolr handloB, 50c. 26 inch fine Gloria Paragon Frame, fancy trimmed, natural crook handles only, 75c. 2Q inch Silk Warp Serge, solid acacia or congo handles, paragon frame, worth SI. 25, for $1.00. 26 inch Silk Warp Serge, acacia and Congo handles, with gold and silver-plated trimmings at $1.25, ;.-; ivm&B&sx&s&xsstaBisxstti Reduced Prices on Ready-made Wrap $2.00 Dimity Wrappers for 81.50 $1.25 Pecale' Wrappers fqlr $L GO Standard Dress Ginghams at 4cv Light Print at Bio. ' - " DAVY & COMPANY. BOLD, BAD . BURGLARS ENTER THREE OF OUR PEACEFUL HOMES TO PLUNDER AND ROB- They Secure Gold .Watches, Money, a Diamond Ring, Shoes, Pants and Calce. Ann Arbor R. R. Excursion Rates. Hational League of American Wheelmen, Louisville, Ky. Bate of ane fare for round trip, tickets to be sold Aug. 9fch and 10th, good returning Aug. 17th. G-. A. E. Encampment at St. Paul, Minn., Sept. 2nd and 4th, one cent per mile. Knights of Pythias Uniform Bank, Cleveland, Ohio. One fare for round trip, Aug. 22 to 24th, good for return Aug. 31st. Card of Thanks. Mr. and Mrs. Chas. Johnson wish to thank the friends who manifested such deep tokens of symyathy during their hours of sorrow and bereavement, especially the neighbors for the tender thoughtfulness suggested in their beautiful floral offerings, A grand offer to induce new subscribers—The Few York Weekly Tribune for one whole year and the Clare Ssh-THbl from now until January 1st, imt, for only §1,00. Gold, silver or p,per money acceptable. Last "Friday night, about 12 or 1 o'clock, ("dread hour, when goo'd men are at rest, but when ruffians are abroad, when fiends do yell and crimes are perpetrated.") the homes.of James Boyd, Prof. Hutchinson and Charles Stearns were entered. At the home of Mr. Boyd the thieves secured two ladies'gold watches and chains—one of the watches formerly belonged to Mrs, Boyd's mother. Mrs. Ash, deceased,—a diamond ring, and about $6 in silver. In going through Mr. Boyd's clothes they found a lead pencil, which was promptly appropriated, but missed his gold watch, which was in an opposite pocket. The burglars were discovered by a lady visitor in the act of taking her watch, which lay upon a commode. She raised an alarm but Mr. Boyd's visitors crowded round his bed ao thao he was unable until too late to do anything in the way of securing the intruders. At Charles Steam's, on east 5th street, the burglars climbed in a bedroom window and there secured a silver watch worth $20 or more and about $2 in money. Mr. Stearns slept the sleep of the just and did not discover his loss until morning. At Prof. Hutchinson's one o* the thieves rigged himself out in the professor's pants and shoes, and it is verv probable that had he not been disturbed,!^ would have taken the whole outfit. Another of the gang ransacked the larder and carried off a cake. Mr. Hutchinson heard the thieves at work but thought some one of the family was up around. The thieves escaped and their whereabouts are unknown. Mr. Sewall,the democratic candidate for vice-president, has a son, Harold, former consul-general to Samoa, who used to think he was a democrat, but is now a full-fledged and devoted Eepublican, having attended the S& Louis convention as a delegate, *3_he democratic vice-presldeat caadidatels also a strong protectionist, Gye&t combination that 1 For Sale. One Jersey cow. One Durham cow. One common cow. . One lumber wagon. One top buggy. . Enquire af Elder's Bazaak Boo&lfe Ohiha Stobi Game into -my premises July 96b, om red bull with ends of horns'cut off; about eightee'n months old, Ownei' can have same by proving propert"? and paying expenses, Mrs. Melissa Peatt. 34-6 Grant Township, Bay Yiew Camp MeeMeg, July, f to August 14. For the above F. and P.M-B.B, will sell excursion -bicKets to Petoskey suet return July fs to 1% inclusive, to fee good going oniy on date of sale5 -,aec§ limited for return to August IB, 1S8#5 at rate of S4.23 for the round trip- After July 16, will sell only to £_»§& presenting certificates showing them to be members of the Michigan Cbib# Ground Association. JPfee—64-page medical reference 1jo0_ t_ a*B*f *persoa afflicted with aay special, cta-onie o_ <Q01~ ieafca slisease -peculiar to their sex. AMsem tao ieaffiag-|>_*?siSi_*3saH- Bnvgmnu of th&tlniicM Elates, 3?c Haftewsy Ik Go., ?#B>5a»!j©*msteS8*J:, "■'Tago. SHys.
|Title||1896-07-17; Clare Sentinel and the Democrat-Press|
|Publisher||Palmer & Jeffries|
|Description||Friday, July 17, 1896 issue of a Clare, Michigan newspaper. Published weekly. Began publication in 1894 with the merger of The Clare Democrat and Press and The Clare Sentinel (1892). In 1896, the title was changed to The Clare Sentinel.|
|Subject/Keywords||Clare (Mich.) - Newspapers; Clare County (Mich.) - Newspapers;|
|Copyright Permission||This material is in the public domain.|