2 THE CENTRE DEMOCRAT, BELLEFONTE, PA, THURSDAY, AUGUST Continued from first page. There is evidence, although we admit it is not conclusive, that at the time of | the passage of the demonetizating act, and for some time before, there was a wealthy ring of European speculators in Washington, busy with the mysteries of legislation in the quiet way known to the experienced traffickers in finance and law. Another thing is to bs considered that at the time the bill passed the fever of the war and reconstruction period had | not passed. Men gave little attention to political economy, and the measure of values not understood, There was no coin in circulation, had been none for years, But the Brit- ish gold speculators and security holders were able to read the tion of their acuteness. tion of the finances of the world is proof was generally future. British No ques- domina- of it. IL How the Great Crime Was First Discovered in England. It was not for a year after the act was accomplished that this great crime was discovered. And then, strange to say, it was discovered in England. The British financiers were better posted on the sub. ject then the American people. How this came about was retold by General A. J. Warner, of Ohio, at the great Bry- an meeting held in Pittsburg ou Monday evening August 10. He said: I learned of the demonetization in London In 1874 a year after the crime 1573, Inconversation with a number of men, one of whom was after ward a member of Gladstone's cabinet, the subject of American finances was broached, and I said: “We will get over our troubles and resume specie payment than did England after her Napoleonic wars Ihey sald: How so?’ I replied ‘Our silver mines will help us Their reply astonished me. It was Yi have demonetized silver. I smiled at that and said, “We woul fools enough to do that,” but one of them said There Is no mistake Your last gress demonetized silve I wonder il people understand that act. It was so wonderful to demonetized silver, of your country isa great producer, bel war debt d When I cam York 1 could find ho knew anything about it but a few I had to send to Washington tid understand (t began t pay debts by, de stroying halt the 1 ! ich 1% was pay able. Ex-speaker Reed in a speech a few days ago sald that the was passed after a dis cussion, but I remember those times that the bill was passed wi ut a discussion under a suspension of the ru 1iscussion with aterial ig said in de ation of silver easier wi con your thing which ye your y gel » then our the mints, bate of the demonetiz Even the newspaper press of the ed States was in norance nearly They were momentous ent and purpose have a Copy before It bears t l ; and amending t1 suggestions in the title that it was to wipe 18K out standard moneys of the d—the p redemption, the legal worl rimary mo the money of final teader, which being given mn payment of debt Aud of federal, extinguishes the obligation yet at this ti 1 state and ng the enormous aggregate gearly THREE THOU SAND MILLION OF DOLLARS given iu the census and debt the £2 and the direct and indirect bad outstandi municipal debts oi {as statement exact amount was 974,138,818), effect of this legislative act sneaked through congress by secret or corrupt methods to doubiie the of this debt productive energies of the American people. Where has there been in history a crime equal in magnitude to this? There was repudiation for you. But to get back to the demonetizing It covers 17 closely printed pages, and has 67 sections. We defy anyone not ac- was burden on the quainted with its purpose or informed of | its dodge to go over this bill to-day and | locate by line or section the great crime | of demonetization. Imbedded around sections laying down the technical de. tails of coinage, the duties of mint officers, their saldries and the regulation of assay officers are the 59 mischievous words out | of a total of over 9,000 in the bill, which dia the work of demonetization. Section 14 makes the gold dollar the unit of value. The demonetizing clause is in | the last 23 words of section 15. Then we skip to section 17 for the clause forbidding and | bill, | the further coinage of 412 1-2-graiu sil- ver dollar. There is evidence of an in- tent to accomplish the perfidy by secret | methods everywhere. Johd Sherman's | bill of 1868 to accomplish the same purpose openly had only Soo words, but | John grew wiser, und when he made his second attempt his bill was expanded to | g,on0 words and its real meaning hid- den under a mass of legal verbiage. { James G. Blaine signed the bill as speak- | er of the house not knowing, what its provisions were; President Grant approv- ed the bill unconscious that his signature demonetized silver in the United States, and the arguseyed press, with its army of alert Washington correspondents, was | as ignorant of the intent of the bill as if it had established the Mohammedan faith as the national religion of America. An examina- tion of the ‘Congressional Globe'' shows The reason is evident, that not one word was uttered by Mr. of the finance committee, or by any member of that Sherman, as chairman committee,or by any senator, intimating in the remotest degree that the bill de- monetized silver, dropped the silver dol- lar from our coinage and placed us on a gold standard, Iv and The People Their Kedress, Aroused Demand for It was more than a year after the bill the became a law that people of this country had intimations of its effect and purpose. It was well known in England i iS among British financiers what intent General War- d of England, did not believe i Eg was, but aot in America. ner, as we have shown, hear it first in t, and was not able to verify the facts until he re- turned to America and had access to the al documents becam offici In time the people aroused to the fully and consequences of act. tions of all parties denounced the de congressmen ’ lit, and i » and the house lifferent times passed James G. Blaine was speaker of the house when the demonetizing act of 1873 In the senate, on February 15, 1878, dur. dollar bill, the following colloquy took place between Senators Voorhees and Blaine: Mr. Voorhees—1 want to ask my friend from Maine, whom 1 am glad ro designate in that way, whether I may eall him as one more wit ness to the fact that It was not generally known whether silver was demonetized. Did he know, as speaker of the house, presiding at that time, that the sliver dollar was demone tized in the bill to which he alludes ? Mr. Blaine~I did not know anything that was in the bill at all. As I have before sald, little was Known or cared on the subject, (Laughter.) And now 1 should lke to ex change questions with the senator from Indi ana, who was then on the floor, and whose busi ness it was, far more than mine, to know, be cause by the designation of the house 1 was to put questions : the senator from Indiana, then on the floor of the house, with his power as a debator, was to unfold them to the house. Did he Know ? Mr, Voorhees—|] not No man in the country had the confi. very frankly say that 1 did a Senator in the sen. dence of the people of all parties to the late He of 1873 was passad, and than Thurman, of Ohio. greater extent was ate when the bill in the same debate, when all senators had trick, were ou the confessional that they no knowledge of John Sherman's Mr. Thurman said : When 11 was pending in the senate we thought it was simply a bill to reform the | regulate coinage, and fx up one thing another. and there is not a single sena I think, unless a member mittee from whic * bill came, slightest idea tha AS even a demonetization ressiona ume 7, part ; sion 1 the 1 Senator Conkling, i March 30, 1876, Senator Bogy amend the laws relating to of silver will other senator : is now b sittru half coin, In Surprise ingui the senator allow me to ask t Is . 4 i conven | authorize bills righting the crime of 1573 by author- | izing the free coinage of silver, fortunately, they never did so at one con- The national conv a Ge a rties parucs entions of both | | lared their faith, | me and again, in the bimetallic stand- | th 8 #35 rn olicy of country. ry, in national convention of 15888, thor of the platform censuring land administration for *‘i President, Senator n They Were reniains in Cx Evidence of Congressme Deceived ympleting proof t to t the hat the the tory presen he U the house, and +: dent of t ited States, speaker of senators and John ves were cheated tricky legislation of 1873. Only a days ago he declared the it i after ‘exhaustive debate, ed members flippant in a flippant way with “pleading the baby in they were * ter the passage of the Grant wrote a letter to his Mr Cowdrey, every sentence of which shows of the The “McPherson's Hand. book of Politics for 1874," pages 134 and and is friend, he was ignorant of the character law he signed in February, 1873 letter appears in i135, as follows Ihe panie has brought greenbacks about a par with silver. | wonder that silver Is not already coming into the market to supply the deficiency in the circulation medium When it does come, and I predict that it will soon, we will have made a rapid stride toward specie payments, Currency will never go below sil ver after that. The circulation of silver will have other beneficial effects, Experience has proved that it takes about forty millions of fractional currency to make small change nee essary for the transaction of the business of the country. Silver will gradually take the place of this currency, and, further, will become the standard of values, which will be hoarded in a small way. 1 estimate that this will consume from two to three hundred millions, In time, of this species of our circulating medium It will leave the paper currency free to por: form the legitimate functions of trade, and will tend to bring us back where we must come at last, to a specie basis. | confess to a desire to see a limited hoarding of money. It insures a firm foundation in time of need. But | want to sea the hoarding of something that has a stand. ard of value the world over Silver has this, and If we onee get back to that. our strides to ward a higher appreciation of our currency will | be rapid. Our mines are now prod ueing almost unlimited amounts of silver, and it is becomin | a question, “What shall we do with it" i | suggest here a solution that will answer for | some years, and hughes to you bankers whoth. er you may not iny it: To putit In eireul. | ation now ; to keep it there it 1s fixed, and | then we will find other markets, | Evidently General Grant, when he | wrote this letter, did not realize the fact | that silver was no longer a legal tender and that it had been de- to representa. | Sherman's | Ohio hio, few | '" | of Illinois congress voted | i and charg. | ¢ 8° | Holman, of confessing | tricked” Eight months af- | President | | nent | prived of its legal tender qumity/ remained so until the Bland acy of CORN ' i Caarge the 1} SOUST who ha tad maa Alfa SLA C8 GO, f congress Republicans and Den 75, when | Garfield, and Mr. Cannon and Mr. of Burchard, , declared the sa mee the veteran watchdog of | Indiana, declares the house We statement by sage by WHS h Lk close our exacts with this cut. Mi it that time dle.’ ting Bright, a promu. member from Tennes | see, who said It passed by fraud in the house, never having been printed in advance, being a substitute for the printed bill: never having been read at the clerk's desk, the reading having been dis pensed with by an impression that the bil made no material alteration in the colnage jaws; It was passed without discussion, debate being cut off by operation of the previous ques tion. It was passed, to my certain information under such circumstances that the [rand es caped the attention of some of the most wateh ful as well as the ablest statesmen in congress at that time, * * * Aye, sir, it was a fraud that smells to heaven. It was a frand that will stink inthe nose of posterity, and for which some persons must give account In the day of retribution Vi England Planned the Game To bring a crime home to its perpetra- tor, the first question asked is: Who benefitted by it ? The foreign and Wall | street bondholders made millions by it, | This fact in itself is not enough to con. | vine, but it affords a clue. With this | clue in hand, we introduce Mr. Ernest Seyd into the conspiracy. A writer, | quoted by Samuel Leavitt in his book, | “Our Money Wars,” says : “The English eapitalists raised $500.000 and sent ons Earnest Seyd to america to have sliver demonetized, He came. In the bill ‘was skillfully inserted a clause demonetizing liver. Before ber of the com. has ami the Rist draft j five Movies Wo Af Earnest Seyd is an interesting and important character in this conspiracy, Ana Yow i | what he has to say about his missionary passed, and as speaker sigued the bill, | ing the consideration of the Bland silver | we will follow him to Londou and see work in America. In 1892 Prederick A. Lukenbach, a former member of the New York Stock | | gixth part of the memoirs of Bt. Simon Exchange, made an affidavit in which the following statements occur: “In 18651 visited London, England. for the purpose of placing there properties (in which 1 was interested, 1 with me letters of Introdugtion tomany gentle men in London, among them one to Mr, Ernest seyd, from Hobert M, Faust, ex-treasurer of Phitladelshia. I became well acquainted with Mr. Seyd and with his brother Kichard Seyd, who, understand, is vet living. 1 visited Lon don thereafter every year. and with each visit renewed my acquaintance with Mr, Seyd, In February 1574, while on one of these visits, and while his guestatdinner. Inmong other things, alluded to rumors afloat of Parlimentary eor- ruption, and expressed astonishment that such corruption should exist. In reply to this he told me he could relate facts about the corrup tion of the American congress that would place It far ahead of English Parliment in that Hoe Alter dinner he Invited me into another room, where he resumed the conversation about legis lative corrupiion, He sald: «lf you will pledge me your honor as 8 gentieman not to divulge that 1 am about to tell vou while l live, I will convince you that what I sald about ruption of the American Congress is te gave him my promise. and he then continued I went America In 3 secure, iH could, the passage i tizing silver. It was to the interest whom 1 represented the Governors BANK OF ENGLAND TO HAVEIT DONE. | took with me $4 0. with instructions. if that accomplish the object for another 8500000, or a8 MUCH INOTe 08 I saw the commitiees of the and Senate and paid the mone in America I new the Your people will not : the far-reaching extent of that measure they will lu ant Years Whatever you think of corrug n inthe English Parl 11 would not have dared t ' took the cor Le | to as not sutliciond to draw WAS Teo House stayed eT to CASGrY uniid safe mpre Your country yd is Ernest Se s confession : such of the in which the stand; 17 dropped from our coinage POINTED QUESTION addressed an of as follows 1g to pn who so et of serving FOLLOW TECTION SUIT F uke it alone, lot 3 rads of Lord Lidde r governor of 4 rs know ble stand ter wh a Your comin India, the U is EB That bears cut what our distinguish ed friend bas alr ably pointed out to you, that this questi involves our internal indastries, but opens up the markets of the world to you toilers here in the city of Lowell, in competition with the whole world, ander a right Now, listen to the words of the mone tary commission of 1% The greatest authority on exchanges known to the world perhaps, M. Hux Gibbs, now Lord Aldernam, said that ‘‘America could, with open mints, maintain the parity Letween the metals without help from any other nation.’ The great fa. ther of bimetallism, the man who has done more in this cause than any other man in the world, Genowski, said only n short time ago that **if America un- derstood her interests, she would at onoe adopt the free coinage of silver.” Omly about four weeks ago the leader of the bimetallic oause in France, M. Meline, muy = n not only US monetary system wi Pennsylvania oll | « them untidy, | controversy whether or not AS TO HATS. Blouched Hats Osused & Hiot In Spain Which Cost Many Lives, Hag not some one calculated that a in the original is occupied with the the presi- dent of parliament should wear his hat or put it on the desk when performing various functions? At length the mat- ter was compromised. The Tiers-etat should wear a chapeau rabattu, which had the slouched brim pinned up. This childish quarrel was remembered, no doubt, when the states general met and the king harangued them. His #peech over, he put on his hat, and the noblesse did likewise, according to their privi- jee. The commons had no such claim, but they also clapped on their chapeaux rabattus, amid fierce protests from the | nobles. The revolution might have be- gun that day with a scrimmage in the | king's presence had he not removed his own hat, when all, of course, did the same, But slouched hats had already caused | a riot in Spain, which lasted so long and cost so many lives that it might al- most be termed a civil war, This was 20 years earlier. Charles III thought He thought the streets of his capital untidy and denounoed both eyesores in an edict. Every Spaniard henoeforth pin up his flopping brim, and every houscholder of Madrid must clean the street opposite his prem. Forthwith the people were little interested, o the street clean for their hats. And a good many of them did, but unavenged week the fray lasted, but it was thought remarkable by forei : pm. regularly arms, the forio ( i0r * 1 Riso must rose mpar: not bservers that at soldiers plied withdrew Both Were enjoying the giesta, exeept, After that inter val Th king fled, aud for the rest of his life he never nr 8} th ) tizens and silence reigned for one hour partis perhaps, the wounded hooey turned Was un Nis minis sum he palac senoe of the v the king oom his elict » did not cease t hion changed. — Cra 20tt AMERICANIZED CHINAMEN. Hon Yankees Palnters Nar Sgn Oriental Rophistioate OL Chinese hut h but her "1 thoroughly that | — Bost ever, pers Dancing and Tovoels A boy « asked to be taken with his y ball He was t that he must first learn to dance, Upon this he delivered himself f 1d = 1 as follows tan dance, and my way is more difficult than your way. I tan dance alone, but you have to be holded up’ This was | ingenuity, as | not smartness, perverted some might suppose. It was perfectly natural child thought bit of a dance in “‘pairs’’ and hold one another in so tight a grip unless it were to keep one another from falling. In many of these naive misinterprota- tions of what is scen the point of the humor involves, of course, a side hit at grown up weaknesses which lie bid from the child. A good example of the charm of this childish innocence is given by Mr. Punch when he makes little Jessie ask her mamma ina railway oar- riage, “Why do all the tunnels smell so strong of brandy?’ to the disgust of a Puaritanic looking lady traveler sitting close by. Here, indeed, I suppose, every. body recognizes that the butt of the joke is this hypocritical looking lady with her carefully hidden bottle. — National Connectinug cnjoys the proud distine. tion of having three sobriquets. It has boen called the “Land of Steady Hab. its,” from the sobriety and gravity of its people; the *' Freestone State, '’ from the enormous quarries of that deserip- tion of store, and the ' ‘Nutmeg State, *’ from the tradition provalent in sur rounding contpunitios over 100 years ago that the chief industry of its flab. tants was the manufacture of Dutmegs of wood, to be passed off as gonuimm on They | vely, in | ng, but they would die | Mare than a | “But 1] To the little philosopher there seemed nothing |, 0 0% in the nature of things to make dancers | A wa ——————- RAILR A —————————— — OAD SCHEDULES 1A EAILROAD BRANCHES In effect on and after May 15, 16 P ENNSYLVAN AXD VIA. TYRONE WESTWARD Leave Bellefonte ¢ 52am, arrive at Tyrone 11 am, at Altoona, 1 Op mz: at Pittsburg GO05pm Leave Bellefonte 12ip m 24pm: at Altoona § 2° pm Leave Bellefonte A17:8t Altoona a arrive at Tyrons pom:at Pittsburg 7 50 arrive at 7 $0; at Pittsbu re 1 pm Tyrone t at ll VIA TYRONE~EASTWARD leave Bellefonte § 55 an 1H uiat Harrisburg 2 4 phiabei pn Jeave Bellefonte 1 24 pu 240 pm; art Harrist delphia ll 15 pn Leave Beliefonte 5 ul po 17:01 Harrisburg at delphia4 vam IA LOCK rife nie Leave Bell Haven i | Leave Belleld Haven 250 p Leave Bellefonte a Haven atv IA LOA cave Bellefonte Haven, 10.80, leave arrive at Harrisburg phia st 6.23 p. m Leave Bellefonte Ww ven, 2:0 p.1 W pom, W risburg, 7.10 w j p.m | Leave Bellefonte, 8.41 p ven, 9.40 p.m. leave m., arrive Harrisburg hiladeiphia at 6. vial | Leave Bellefonte at 6.2 2.35 3 Harrisburg LEWISBURG & TY HONE RAI In effect May Pa. LLEFONTE CENTRAL take cfiec B® EAIL} t May 2. 15» * Dally. + Week Daye 1 10:10 a Phi iadeiphia Bleepir train from W and west bound fron BALD EAGLE VALLEY WESTWARD bo Bald Eagle Dix Fowler Hannah Port Matilda Martha Julian Unjonville | Snow Shoe Int Milesbur Bellefonte Milesburg Curtin Mt Eagle Howard Eagleville & Creek Beech € Mill Hall Flemington Lock Haven eR -— Tr aR CTD W™BERRABERBER tt ao - Eat 1 © ] FEDS 0G BIE PE AS 0S wf wl ss ld us st 2k 03 $0 0D Prt. SEEEN - pr rredeetrte AR stuns =Se CCT VET OOR BBB BBR atts 2 Sk EETOTVDOLD PESSERwRa2S BERTUEYSS2BIERES HEERSTS RIE de dG Re RELLEFONTE& SNOW SHOE BRANCH. Time Tevigin effect on and after ay 18 Joe, Leave Bellefonte, except Sunday... 008 a.m, ATTIYe At Ban Shoo wr nay Nea m oY Se FE Wanted—An Idea 2:55 I ald aba Write ~ 0 : on. B.C. fo
Significant historical Pennsylvania newspapers