The Middleburgh post. (Middleburgh, Snyder Co., Pa.) 1883-1916, October 29, 1896, Image 6

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denfly needed, and In July, "SOO.IDB,
OOO mora asslgnata were issued.
Prices were now en or moos, lint avasrei
did not rlae at all.
In 17W8 the mob befrnn t plunder rfhnpe.
After Sin larl (tores had been Rutted
they txitmht off the mob with 7,on0,or
franca Hut the market women, who
could not pay the eiorbltaot prrtoe for
aoap, ngreed that a "law should be framed
to nuike paior money a good m gold."
Huch laws were pained, refralaUng
price, but the only result waa that mer
chant would not sell, and farmer vwonld
not bring In their produce.
More starved than were killed by the
enemy In the war.
It seemed neeeaaary a fcara in or
"people's money," and new Issue were
tnndc, until in 17U6 over 4,KO,0,0iW of
the. wretched thlngii had lweu lasued.
Meantime the gold Inula d'er remained
jiixt the name. It bought Just aa much In
IT'.nl an In 17W. Hut Sept. MW6, this 95
franc gold piece ytm worth lfc.1t francs of
the "people noDoy," Dec 1 U wan worth
8,0ftn franca, and Fearraary, J7V4, It wm
worth 7,Cl franca.
To cheek thin depreciation It waa made
a crime fianlahable by twenty years In
rJialns to jrtwe mere than the face value
for gold.
Then the gold wn hid.
Meantime, who suffered f Not the Meh
ww l ho shrewd. There were plttnty of
method by which they commanded money
and tat It In prodigality.
The sufferer were the laboring people.
I If fore 17WI :ho iiier money win nearly
nil In their hands. Tliu rich hail unloudod.
Whn the craah of repudiation rame, In
July. 17'.l. the (fovefifmetit had to admit
thai it pnxr was nil winthltMH; thin
worthless money wax held itlmont entirely
by tbiHte of tliu NiimlliiMt mean.
Oh the Inloriti. mini mid woinm mine
thcnihllic; weight of Ihellnnl lout.
'I'fcc lenin in pliitn. Natural law doe
not 2- out i f It way fur oraNir. "Cheap
fimtjry" lllv.ayi lend to rhcacr money.
Mm-.' and more depreciation follows.
When the in-uhh coiiioatko juiuriire'round
to thf oarth.
.MllNTOOMKUY 1. KultKIlT.
THE PRICE OF' GOLD
Tlit f'erHtiujil iirtln,a Vary ( Irarly
.tlinwrml.
Th euhjoiiictl tic atloliH have lieen
uski-il of uh liy.it rorrcapnridV'nt:
"1 XliH-N tlm price, of suM lliietuat-i In n
r4iiiiuierelal sen so the annmnx sliver?
"-. When the Jeweller buy gold bul
Hon at .price oik i ted in the market re
port. I that, mi Indication .that the jiriee
of ild lluctiiafe commercially the tame
at Uw jrice of silver!'
"& Is frobl nmenable iU the lav of
supply uud demand a a product, or tnly
aa uionuyt"
TbeaHkiitKtrthoo quest! - show of
itnef-f the confusion that prevail in many
ml lulu mi the subject to which they relate.
The jjrloe of gold lu any country In which
got J bullion lcuned without chargts or
nt u rrllllr.g sharg'i, to the .owner differs
from the .gunntity bf coin .which It will
prodaioe ouiy by. tin dlffereree .whlcn tie
owiutf Ja willing to pay to aavohlmaulf thi
loNnur lucimvenWaie of waiting for thn
nc'ujj t-oluse to take plitoe. Jn till
con ii txy itvirry depua'tor of gold buMlon at
the mint got', an Hou'i as the bullion can
be wnlphud uud imiwiyed, an order on thu
tn-uiury for UU07 fir every ounce, Ichm thu
co-.t of mi)ltli4:Miidaoyliig, whiclilt next
to tioLk.UiK.
In (irt it Jit italn tht Hank f Knplatid
ii renulm-d by Its charier to pay for oi cry
tuinee of MtatiiU rd giiM offered to K 77
tdiilliriir -and H uiuv, In ItH oivn iioU'h.
unil thew noU' It mint redeem In g ld
coin on ilmuind It cin then either have
the Hold ruined it to wivt reign u( 77 nIu'I
Iii'h and H 'a iu -e p?r ouuro, or It van
keep It iiucKined. WlivO the Iwtak bnj
gold on its uwii ai fount, aH, for luKtaiu t
Win n it lu4 A liuit lean gidd coin, U payt
, i tnilu 1ch Uuui tbt reulrtioii prixiv; and
vv'hen It will, 4-ither our to In or gold tiara,
y. get mt much muro na .tiur lia-r are
vi 'lling to pjy. Nevrrthelm k, the coining
ciWiuuf th gvjld Hi", vmy nearly, ihu
luiiikct prict iiud .ho Ui'vlatiuna ato
t Mng.
V'lien It conw to rtiie vaCun of aUW
iiuuiNured by coimuodlUo, ad'fforont rule
jirut 'ilia. 1 ho prW) of y ild dot not vary,
but tho ijuantiiy of it required lo procure
lu esthaugo any article that 4.4 liought
and aold, varlu aecording to tht market.
An oivnce of coined gold will bug', nonio
t Illicit ounce of ailver, ooinedmee 81,
and aomutlmo 83. It will buy, aome
tlmu au .bunhol of wheat, aomotliae 80,
and, nt preRent, here lu New York, about
So. Whcp a Jeweler needa gold he can
either melt up gold coin or buy unooUied
barn, aa ha ploane; but. either way, e
pay very nearly tho aamo value for 11
Our answer to the quoxllou put to ui
arc, therefore -. 1. Thu price of gold doe
not vary in a oiiimurelal une the aamo
an nilver. 2. Ike price paid for gold bar
dot- not Indies to that gold fluctuate
comiuurutally. li. (lold I amenable to
(ho law of supply And demand, but the
variation In lu value are indicated by
thu price of other evmmodltlo, of which
price gold coin, or lu t-Ulvaloiit, 1 the
measure. N. V, Kun.
How the Nation Tried theBryti
Flan in 1700 with Awful
Resnlt.
ELECTION QctJ
A STORY OF CHEAP MONEY.
IEERIATID WITH A SCHEME.
I, ALFHBD SPKOIIT, High Slicriff or Snyder county, Oommonwealtb of Peamylv.tnU, dJJ
Ing the several persona hereinafter named, to wit: Thirty-two persons for Presidential tiloctora, Tff0 )
Two Auditors, and One Coroner. The nominations for all the above are a follows : I
ELECTION PROOT
"There bardly be a bt4trr role
iu auy country for the legal than the
market proportion. The prraumpllnn
In auch that each metal HimIi
It true level aeeoriUng to It Intrlnalo
utility lu the geunral cyitem of money
operation,
'A lung gold, either from It
Intrinsic uitrlorlty a a inotal, from
It rarity, ur frniii the prcjuillur of
iiiitiiklnil, retain an coiiklderable a
lre-piiilnmire lu value over nilver a
It lot hitherto had, a natural eone
im-lice uf till aeeni to he that It
cnudltlon will be more atutlonary.
The ratolutiuu, thortifore, which limy
tuke place In the cumparatlve value
of guhl ami nilver will be change In
the atate of the lutter rather thaii In
that uf thu former." Aleiauder
j Hamilton.
A l'ulnter from JeRcrion.,
"Tho real credit of tho United State
depend on tho ublllty and tho immuta
bility of their will to pay thulr debt."
Tboniai Jeffunton, 1703, Letter oo Panla
ontgoiaery V. Robert laaOraahl Maa
er Tell f the Dlaaatroo XiperlnieBU
Made by a Muter XetUak The Uaw I
ruin Natatal Law Dse Not Oe Oat of
1U Way for Orator Tfee Poor Aw Al
way the Loaer.
1 have been aaked te tell the etory of
cheap money In France.
The reaaon 1 It curtou elmlbuity tr(
lie pruinlne made by Mr. Bryan. For
"Franca" read "Amorlot," and tbiatala
aeema to Utlong to 1800 rather than 17W
17U8. In 1T89 Ume were Urlble In Fiance.
There wa both an enormou public debt
and deficit There wo no credit Capital
had retirud and waa hoarded. Buelaoaii
etood U11.
ilr n began to mutter thntchoaperiuoaoy
waa UeooUi'd.
The trouble., they claimed, waa e too
mall circulating medium. "Give u more
money, tilne nr. good, aound paper niiiwjf."
Nearly nil thu leading revolutionist eald
thin. Kven Mlrubenu m pportod it.
If ever there waa a good plan for -cheap
money, thejr hail IL ll wn aa follow:
F ranee bad junt conHacatod. toe entire
eNUttea of the church.. Thi wealth, ac
cumulated for l.ifio yeam, wa 4, 0U0,0o0,t'
franca, oliu-tlilrd llio wealth of thu uatlon.
It yiuldud a yearly ijioume of aui.UJU,Ut
franc.
The atutakinen wlshedXo aull all thi real
st.au to the people, both In ordor to at
tach thu people to the involution And to
get money for thu Uite.
So they proposed tobwue mort jag.liotcH,
t'Jllled uaiilgliatrt, of 4liD,UUU,0UU JCruUCf
ugaln.t Uil laud, buiu-Lug IntureetaU 8 per
oelit.
Could auy ;pcr monry.be bettor? The
Vitlue of the land ten tJmr greater than
the iiKHlgnaU, and tho interest cerLalu to
rutiru them aoon.
True, wlae men oppoaedJt Necluar, thu
greatest flnaxu;ler of tbat .century And a
tru-j patriot, xuutrly loai hla life lu allow
ing it folly.
liut orator wa alilnita favor. The
luv(rite lurguiut nt wa the patriotic eouti
inout, "France ran afford to atand aUuua
and tench all Kurojie a leaean."
Tbe bold revolutionary leader who iiad
upM-t abaolutlais were like hlackauiltha at
watch mending when thej'. tried thair
bemla.at flnanoe.
Tb 4UU,uuu,uooilgnaU wire, howevar,
but a beginning. There bad been many
warning thut thnjr would only upon the
way for a deluge uf paper money. Ho a La w
bad been paused limiting the heme.
liut in a few month thing vure a bud
a ever, uud buu,UUUU moro wore lsauod
iu l?.m.
The liiaPil limit hiul been muhed. liut
liiiuro "turrulallng .medium waa aull
called for. iriee Wr high, jeet wugea
V'ere low. More mvuity would help. So
tliu limit Jaw wa .udod, and iu 17V1
uUi.uoo.UiU uioru were iaHUud.
U he natluii wna now inebriated rlth its
cheap money. With oiich new lusue them
weru good JJiiH'K for a few week; tbeu
in inn harder times nod thu call fur. more
lu-nifc'iiat. It wa like A drunkard .after
each drink. 'J ho faalvr the now isue
came, thu klmrtcr waa til'i good fittJU-'g.
Now bad igu uppuurod-
1. AislguatUropied iOwr ceut titatee-
s,ucu trpHl to mend tliia by an addreaa.U)
,u!to peujilu ebowJng how wrong thi wa
biet'iu began to dlmppeur. Thi wn
ichargcdXo lirjtiah lnttuenue and to the
rjjed of goldbug banker. It. waa urged
that a few might .be hung for example.
The rcul rtrnton gold dleappuard waa that
jiHttigviat ciuld be uwhI and gold wa
xuure valuublu.
8. ProierJ.ty atopfiod nltotother. At
Aral jnAUufacturer had been lUmuLated,
then lor luorketa were auddunl glutted,
then facUirie hut down. The jterve of
productLwA vwicut The itatesman put
up tariff But the collapaa wenl.oa.
4. UncurtoJuty A to the future tola of
the uaaignat checked all invoatiuent .and
excited atock gambling, iiudneai d.wXn
died to living from hand to mouth. Every
body wa peculating. LouU Blano any;
"Commerce waa dead; gambling tookiti
fjace." Money went to the citlu; thj
farmer no longer uw money.
Ju A vast debtor olasa arose. It waa to
their Interest to have the currency depre
rUu still more so they eould pay their
debt easier. They clamored for "more
money."
In December, 1701, 300,000,000 mora a
algnnts were issued, making thu Car
8, 100,000,000.
Now a new kind of financial theory was
heard. "Depreciated currency," said the D
blnthersktto orators, "la a blessing. It
keeps France from buying foreign articles.
It keeps all our Internets at home. Give
us more money,"
So in April, 1792, IW),000,000 more were
Issued.
Tho security had improved, for the es
tatus of the cmlgrnnt nobility wore coufls-
rated by the nation. 1 "-
Yet tho anslgnnts went lower still, down '
to thirty lielow par. Finally jwiyment was f
sumiendud to publlo creditor for all
amounts over 10,000 franc, This wa the 5 '
flrnt step of repudiation. t
Thou capital Indued locked itself up. All i
that saved multitude of mon from starv
Ing waa bolng drafted Into the army to be f 1
hot Cz3
More "circulating medium" waa evl-
A Cross (X) at the Large Square at the right of the Surnames of the Candidates for Pre
A Cross X Marked in tho Square at the light of the Name of aci fkndidati. inside
II aurossA be marked within the CircTe it will be Equivalent to a Trark oppose m
roil a miAKinT ticket
O
MARK WITHIN THIS CIKCLK
Tor l,r'.i,.it Mini Vice I'rrvlilcnt
Mckinley
AND
HOB ART.
Presidential Electors.
M.uk ll)
'imepli Wharton,
ilexntnler E. i'liltoii
vV 1 1 lii in V 1 1 1 1 e ro w.
Fvlrr I Kimtierly.
bli II H. T'ealatoii.
AJjetTnrHorjtpT
l-'rank V. U-i (llev.
William M, !Tagarf
Leonard Myers.
roeplil "Tlii.blell.
W! I, am l tv llv.
folin Frit?.
Henry I .lolinwni.
lollU 11. liitlldln
Everett Warren
rliilcr Welling hi WiIiIk
llarriMon Bail,
l)ivi.l W. Miliar.
tientj V. I'revof t,
lame V. llrowu.
Kredorick 11. Kntou.
eorge) itarron Miller.
UmiU'ii Jinllmway Shimlel.
mirgo ThompNia .Swank.
tinuel Kdward Wilon.
Willimr tlaurice tiAtiilolpli.
ICuiHtmel Wert hi'i titer.
JoajiUi SKM-r.
ICdwnni Kierelt Abraius.
laior Solus,
VViuliaiu Sell n nr.
loMbh V. Ciktiinliell.
JttprescJi tatiuc- t-Large
in Congress.
(Murk '.')
i ialuwlia A, ( iron.
3
niiiiiiei A. lavetiMirt.
lieprcxentatire in Congress.
(Murk l)
I'l.lOtcl.'O At . MrIhhi.
tieiHtior in the General
Assembly:
(Mark 1.)
'.4 win M. Hummel.
Heprescntaiivein the O'ener
al Assembly.
(Mark 1)
CliHrl.ii W. Hermann.
Sheriff.
(Marlc.1)
eott Hitter.
Treasurer.
(Mark 1)
William II. Heinle.
Commissioners.
(Murk t)
W llliam Dreeee,
aiiKi; hpolw.
Auditors.
(Mark t)
I. V. Moweisox.
('alviu K. Mover.
Coroner.
(Mark 1)
fir. .1. K. Rogar.
lni A STKAKiHT TICKET
O
MA UK WITl 1 1 X Tl I W CI KCLE
1-XjIIA STKAKiHT TICKCT
O
MA UK AV1TI 1 1 X TI IIS ClUCLI
Kr I'liMlileiit and Vice J'leHliletil
BRYAN
AMD
SEWALL
Presidential Electors.
(Murk .).')
riiemiiH Nleriett.
lewtH N. )rlaiul.
Alexander II. t lioll rot li.
TbiniiUM ti. I ieliiliuiit
.lobtl 11 Keeniin.
AUKTt M. Ilick
lohu J. Tnvlor.
Tliofiina Mi'Culloiii'b.
lodti llntfioi.
It. 'lie: l n 1 tiimi hh.
iCbarles I) Kaier.
Jolin It. Slortu.
ThoiiiB K. llnak.
iCI.arlea K leugir .1 r.
kjbarlrs 11. rV-lmdt.
ThiiiiuiH IL 1'liillifw.
loeeph 8. Kurt a in.
John K. lloyal.
John M. Carroll.
Charlee J. Iteilly.
.). l lloffa.
Ik lmel Delaney.
i;
FOll A STIIAKJIIT tIckH
o
MA UK WITHIXTIIlsciir
DrrDfrrirur
IT
as.
Cur President una Vieo l'relienl.
LEVERING
JOHNSON.
Presidential Electors.
(Mark Hi)
Jhiiii'H Manuel.
Saiiiinl Dagij-,
1 1 ith in DeWnlt.
Oliver li. I i.'li'oniii,
.tllire ll. .l.-i.
lolia '.f aii-.
Kdward (..'nmpbell.
William M. Stan Her.
li. IHihh,
Frailt li. Lynch.
Oeorpe Irwin.
Silas'. Swallow.
A, Foster Mullin.
j:w7Rugh:
llobert. S. (ilaw.
Geo. V, K'ewler.
Joel K. Merriinan.
Uenjainin-li. Cnnnn.
George O. Kitchie.
V. .1. lirady.
Georire W. Rhine,
John Cihatton.
William UVibe.
Samuel 'W. Hlaek.
lolinj. M-Karland.
C II. AkeiiH.
loli it l Mi'Kinney.
S S. Ilnekett.
linnet J. Kttg,
I
J'en rsn it at ire-a UJji re
in Congress.
(Mark x.)
UeWYit Vr." licWitt. f
Jerome T. Ailu.an.
Ilrpresentatire in Congress
(Mark 1)
Willie V. Kearim.
Senator in the General
Assembly.
(Murk 1)
I. A. Oiiiidv
Representative in-the Gener
al Assembly.
(Murk 1)
itiMwpli I.. Mark.
Sheriff.
(Mark 1)
laeob (1. Hnvder,
Treasurer.
(Mark I)
LiiHtin Obit.
Com missioners.
(Murk !)
'bares Herman.
loiin A. Stihlnwker.
Auditors.
(Mark i)
Absalom Sclinee.
Howard J. Mitchell.
Ontjt U. Hopkins,
Horace M, Walton.
Milton f. Fiery.
Noah I'ettebone.
LloiiatliiHi lirown.
John Marty ti, Nr.
2olm A. HiugmitKter.
tV'illiHin ft. Wharton.
.louse F. lViline.
loHepb ft. Mill t..
Howard Cloiite".
(JiHirgn Uiiivt.iii.
Kur Pn-Kliteiit. uinl V re lr- . i,
BRYAN
AND
WATSON
Presidential A
(Murk r.
'.left
Alexiiinier . lloirroth
I l'li'iiiiM" Sterrit.
1 Ivi N, lieland.
;
Tbo-. ti. lielahuntv.
John II. Keennn.
lohn J . Taylor.
fhoH. McCullmitfh.
Itoliert A. Tlioiiion,
(yhas. 1). K Her,
Joe. H, SHrtn.ni.
lert"M. Ilii k.
John Hagnti.
lame J. King.
lohn H. Storm.
rims. K. Hank.
il'liB!. P, Remtier. Jr.
'Iirr. H. Sehailt.
Tho. K. rhillips.
Idin K. Koval.
lobr. M. Carroll.
hlba. J. Kitrv.
J. V. HolTa.
A. J. Ura.lv.
Geo. W. Khine.
lohn OFntton.
Willam Weilw..-
lohn J. McFur'land.
.Ci, H. Akeim.
j-Vilin L. McKinivi'v.
IS. H. Hnckett.
liichard T. Vgden.
i
Jienresejita tive-at-Large
in Congress.
(Murk i)
Michael Palnuey.
gSatiinel W. r.lack.
Abraliam A. Darker.
veor Alcorn.
Senator in the General
Assembly'
(Mar!: l.)
Tiepresen la lirr-a I- Lnri
in Cong re st.
(Mark."
lernmo T. Allimin.
.I(ilin I. ' 'orrell.
iaines II. Smith.
Coroner'
(Mark I)
ELECTION PROCLAMATION
For November 3, 1896.
I, AI.KliKl) HI'fX'HT, High HIierltT of Snyder
Countv, t'ouioiiBwcuIln of Pennsylvania, do
hereby make knows and give notice to tbe Elec
tors ot tbe county aforesaid that an election
will be beld In the said county on Tl'EMDAY.
NOVEMBER trd, Itwt, for the purpose of elect
ing tho several persons herolnufter named, to
wit : lit persons for 1'reshdcnllal Electors, S per
s ins for Krpresentutlvc strLrrge In Congress, 1
ItopresenUllve in Congreus, 1 Htite Senator, I
Awernbl) man. 1 HlierlfT, l Treasurer, 3 C'om
mlMolonem, t Auditors, and l coroner.
It district, at thsOHil rellows Hall In Helln.
grove Itorough.
Sd district, at the bouxe of John F. lioyerin
and lor I'orry towiihliip.
3d district at the house of David IIutTer, la sud
fur Chapman toaroaliip.
4th dlatrlct at the residence of Win. Moycr in
suit fur Waalilngleu tuwuabip.
9th dlHtrlct. at Kphrliiin Uruyblll's Uotol in
and lor r'ranklln lownalilp.
6th alHlriet at tbe Odd Fellows Hall in Drsver
towii, la and fur lleaver tuwnabip.
7th dlntrlct at tbs houxi of Uoury Ilouaur, la
anil fur M'eat lleaver tewnahlp.
Hih dlatrlct, at Peter Itartmau's Hotel In
and for Centfe township,
tth dtatilet, at the school boon at Kreamer.lu
Si tor Uidillixrovk township.
W. W. liongacre.
luth iltwfrlet. lit tho liniiM- ..f Mm! Ill
a anil tor IVna townabip.
Ilth dlHtl let. at the lioime nl Ev Ult
iiul lor .lurknoii townhip.
ISHl dtHtl'let. nt the I'eiinul V. V Ir. t4'
.Monroe townabip,
1.1th district, at tfn hnit.e et "liti"
lirMylilil In and lor Went perry i''f
14th dlatrlct nt the Court HnuwiisVI
tlm lloroiiiiUot Midilleburi:
15th dlatrlct, at the Port Trrvoitrt H
in and lor L nlon townHhip.
Htth dUtrlet, nt the hoime of Jmii'i '
in irosMivitiu. in anil lor ib i3
I'lh itlatrlet, at the public rh.'l!iOT
uiioliurK. In and lor Hpi'lint t ii-hip-NOTICE
IS HKKKHV tilVIS,
'Thst everr nArann. veHiitiiii Jiati('
Peaea, who ahull hold an nlHea r
linitlt or tnut nndrr tbe I iiitiil Mt"
btate. or any city ih liieorperBl. il iti.inri
a eoillinilliaionail ,it1lrjr nr nl ln.rwiM. I
ottlcer or affiit, wbe la or ahull lf fmi'luv
th lmlalaLiTA. AMnllv nr IiiiIii ihiT f
ofthUalatanraf tlm fnlll lul.t. i"
MU-tMintlMl ilUtrli.t . atiil ulu llil oTffV
CuiiKreaa anil the Ktuta I.PuUl.ilun'.
iee or eoiumou eoniicll of any rity.
er of ny inmrporateil diatrirt. 1 lv u
oi nuiiiins or ax
or sppulntmrnt
flM'linn nt this
aMctor. ludira or any officer of "U' l1
ongiuie wi ue muu vouu "
The Inapectors snd Judite f tl fWj
in i a no inwuTti:uvD sua" "i
ing the rlwtliiu in the diitrii t t w"' ,
api'Ctively belong, before aevrn w ,
morning, ana raon or tiwwia nii"
mint, ana clerk no shall Iw a iUu
MttJ.K .llUl.,
A. 8l'ECHTa
Eheriff'a Ofllce, Middlebun;.
county I'a., October 'ii, i
urporated diatrirt. I"VU,T(
r rxarriaiiig at thananirtis
ant of JmlK. Iin.. t.irwrlf
Ilia Cummonwealili. " ""' J
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a M h 3 "6afl 3 a - S . o e S f y g, 9 c
I jl Si is? ui Hi im lii ,
I h i 111 ib 3Ji Elf J i iJsliH
k -a -II "11 II -ill mull
rllllle ll iBil r
55a i L?f rSl a5?l-a3f
ateoe-aSbSa ,,?l,Si,ie
5 " ? S