EVENING HERALD
Published dally, ozcopt Sunday by
HZHJLX.lt JPVttHIHIIllfa aOMl'ANT,
Publication officio and mechanical department,
North Market Street.
fhn TJornlri h dallvored In Shc&andoab and
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JTtr the publication of news requires it. Th
rtlht is also rosorvod to reject any advertise
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llhrs may deem Improper. Advertising rati.
ssde known upon application.
Entered at tho post office at Shenandoah, Pi.
a a second closs mall matter.
THE JSVENIlia HERALD,
Shenandoah, Penna
Evening Herald
TUESDAY. JANUARY SO, 1S05.
A little hnrrnony just now will cover
a multitude of political mistakes.
TilKlir, Is ii loutl protest from Chicago
against the rule that n woman's height
should be six times the length of her
loot.
The London Chronicle says : "We
would willingly give 11 good British states
man for one Abe Lincoln." Indeed, It
could well afford to give two or three.
Mn Cleveland could have rendered
the public a timely service If he had
refrained from sendlm? a special rne
snge lo Congress urging it again to
potter with tho currency question. Al
that the people ask of Mr. Cleveland und
the Democratic party so fur as this sub
iect is concerned is to keep hands off. The
people have morally revoked tho author
lty of the majority in the present Con
gress nnd In a few weeks another Con
gres3 will succeed it, which will not only
bo fresli from the people, but competent
........ . ..
to legislate intelligently on the currency
problem.
The impending collapse of the .sugai
ludustry of Louisiana is one of tho most
singular results of tho incompetency of
Democratic tariff makers. A year ago
the planters were ordering new plants for
their factories, entering into contracts for
deliveries of cane In the grinding season,
and counting with confidence upon the
payment of bounties under existing laws.
The bounty law was repealed in August,
they have been making sugar at a loss
during the Inst two months, and with $12,
COD 000 withheld which they expected t j
receive from tha government, they cannot
pay their debts and are on tho verge of
"bankruptcy.
The strike In Brooklyn will soon be his
tory. And what are the results f The city
and county nave beeu put to an expense
of ?r ooo a day for the maintenance of tho
militia; the strikers have spant nil the
money in their treasury nnd a great deal
that was in the treasury of other laboror
ganizations; tho court proceedings now
begun will give them no relief that they
might not have secured without this up
heaval; the companies have.been put to a
heavy expense In the loss ot nslness nnd
destruction of property. Worst of all,
lives bavd been sacrificed and the breach
widened between Ltbor nnd Capital
There is nothing in these results that is
the least creditable to the street railway
companies or their employes.
Tub dismissal of the suit instituted by
Mr. John G. Moore to restrain the collec
tlon of the Income tax was neither unex
pected nor important. The real and final
authority on this subject is the United
States Supreme Court, nud Judge
Hagner's decision Is simply nn incident
to the progress of Mr, Mooro's suit to that
tribunal. When "he highest court In the
land has pronounced Its judgment, the
legality of the Income tax may wear a
totally different aspect. Judge Hagner I
does not touch the morainnd economic
features ot this Populhttic impost. He
limits himself to the constitutional ob
jections raised against it, on all ot which
he rules against the plaintiff. His reason
ing on these point Is signally lame and
Inconclusive, particularly when it Is re
membered that many ot the most eminent
lawyers, economist and statesmen of the
country directly ehallouge the constitu
tionality ot the Income tax. It will re
q lire more than this by-verdiot to cou
vi'ic - the people tint an exaction so alien
iu spirit nnd discriminating In letter is In
ncc ml with a fundamental law which
guarantees equality of righto and prlvl
leg's'. The ultimate outoomn ot the
pretect suit, however, should not alter the
purpose of the Ilepublloan party to repeal
the Income tux at the earliest opportunity.
The fact that a 1 iw is constitutional does
not affect its ethical character. The
Fug tlve Slave law was none the less in
famous for having the sanction of the
judiciary. The Income tax must not be
permitted to stain the nation's statute
hooks a single day longer than is nec-eseary.
A College Education.
Professor Chnrlos F. Timing contrib
utes to The Forum a suggestivo paper
on tho rapidly iuoroasing coat of a col
logo education iu Amotion. In 1750 tho
Unrvnrd studont was allowed "two
sizzes of broad" for his bronkfast. At
diuuor ho had n pound of moat and half
a pint of beer. For supper there was an
additional half pint of boor and a "part
pyo." Tho favorito Now England dish
roigned oven in those days. Let not An
glomania dislodge it I
At Harvard tho annual cxponsos of n
student in 1880 were $170. In 1803
they ranged, for an economical student,
from $484 to $807. It appears that it is
becoming hardor and harder for a poor
young man or woman to got n collogo
duoation. Tho cost of it for ono year is
greater than tho nvorago incomo of an
Anioricnn family for a year.
My. Timing makes ono statomout
which wo nro inclined to doubt. Ho says
mot peoplo would bo glad of nn educa
tion if thoy could got it, Perhaps so,
but not a collogo education. Observation
shows that tho avorago person caros
nothing at all about a collego training.
Even in tho public schools most pupils
aro wild with joy at tho prospoot of tho
ending of thoir school days, and n largo
proportion drop out of instruction alto-
gothor just as soon ai tho law nllows,
ofton boforo, undor ono protoxt or an
othor. At tho same timo, wo beg leavo
to obsorvo that tho American colloct)
courso has not yot beoomo so oxponsivo
that tho ablebodiod young American
man or woman who is bout on securing
it is unablo to do so. Thoso to whom a
courso of classics and sciencos is tho one
glittoring goal worth attaining aro still
ablo to accomplish thoir aim by work
ing in ono way or another to get tho
monoy to support thorn while they are
at college it that were not so, we
should indeed despair of tho futuro of
this ropublio.
Tho added cost of tho collego training
is largoly duo to tho added articlos now
uocessary for tho student's comfort, to
grcator oxponso for food nnd clothing,
Tho pay of collogo professors has also
mounted up from 1,000 a year at thu
timo of tho American Revolution to from
$4,000 to $. 000 in 1803. Libraries and
laboratories aro a hundred times as ox
ponsivo, a hundred times as dfllciout as,
thoy wero a century ago. Still Thomas
Edison is not a collego graduate loithor
was Lincoln nor Bon Franklin nor Flor
ence Nightiugalo nor Joan of Aro.
Clcnu Up the legislators.
Is tho Philadelphia Telegraph grow
ing giddy at its timo of lifo? Wo fear
so from tho following editorial iu re
gard to tho Pennsylvania legislature.
Giddy or not, however, tho suggostiou
about cleaning up stato lawmakers in
sido and out is an excellent one nnd to
bo commended to tho lawmakers
ovory state:
Having spent $26,000 of tho public ftufds In
luxurious lixtn's of cm- kind and another.
cliieUy hU0 uuthtuns and KM French plate mil-
rors, it is to lx. hoped the mon at ifarriBburg
will keep clean this winti r. Some people take
their annual wash in summer timo, when they
go fluking 'und lull in, und uomo in winter,
whim they lnlaculc ulutu tho thickness of tho
Moe. However, it is ull u mutter of taste, oon
ventenoe or accident. Thu people ot Pennsyl
vania will overlook the wild waste of their
money if the rc suit, of tho coming plunge at
tho Htnte rupittil is tu eloun up tho inside us
well us tho outside. It ofton happens that
fancy perfume covers u very bud stute
of affairs. Our toploftical statesmen should
ml) hard and git thtir consciences in good
shape while they are about it. There nro soino
legislative sins tliat can only bo got rid of
through tho hardest Itmd of self socrilloo. It
is to 1 hoped this extravagant lavatory out
lay will pay for itself. Still there are cynical
peoplo who will liavo thoir doubts ubout It.
An industrial niovoment of consider
ablo importnnco has been in progross for
tho past ten years under tho surface. It
now begins to bo plainly manifost. It
is tho shifting of tho manufacture! of
cotton goods from tho north to tho south.
Tho Now England cotton manufacturers
thomselvos aro opening mills iu tho cot
ton states. Other things being equal,
manufactured goods can always bo made
best and chcapost in localities noarosl
where tho raw material is producod.
Tho coarsor grados of cotton havo been
made in tho south for somo years moro
cheaply than they could bo turnod out
In tho north. With tho mild climate,
abundant fuel und cheap labor of tho cot
ton status there is promise of an era of
wonderful prosperity to thoso states.
It is not likoly, though, that tho oottou
mills of Nj-w England will he obliged to
ilint i'im-1 m cousequeuco.
The Past
Guarantees
The fact that Hood's Sarsapa-
nlla has cured thousands ot
others is certainly sufficient
reason tor belief that it will
cure you. It makes pure,
rich, healthy blood, tones and
strengthens the nerves, and
builds up the whole system.
Remember
Hood's
Sarsa
parilla
Be Sure to get HOOD'S and
Only HOOD'S.
Hood'B Pll9 nr especially prspnrcd to bt
taken with Hood's BariacarlllA. Sic. vt box.
Cur
STRAIGHT TO THE POM.
Words That Cut Like Blades
of Steel.
Iower Which Nothing Liv
ing Can Resist.
Men and Women Bow Before It in Silent
Awe and Admiration.
Many persons ordinarily of strong
udgment will feel their conscience smite
them when they think what they might
have been, had they but taken the advice
f those who know from experience.
Mrs. Florence Taylor, of 4 Courtland
Place, Bridgeport, Conn., Bpeaks str.tlght
o the point when sho tells of tho fright
ful suffering she hits endured and how
sho was saved by the wonderful action of
Dr. Greene's Nervura blood nnd nerve
remedy, the greatest medicine ever known
to weak, tired, exhausted auu nervous
humanity. Head tho following letter
written with an overflowing heart, and a
pen that can honestly proclMm miracles
'For four years I had been troubled
with nervous ueollity and nysioria in a
most aggravated form, causing sleepless
ness nnd mental' depression. At one time
I feared blood poisoning. For months I
was con Oiled ta the bed.
My constitution wasted und I totally
lost my appetite. Doctors, of whom I
had many, failed to give mo anv relief.
Last Sentemher I was advised to trv Dr.
tireene s xservura uiooit and nerve
romedy.
JIBS. FLORENCE TAYLOR.
"1 did bo, and tho almost Immediate
change it wrought was wonderful. I re
gained my nppetlte, the dizziness In my
head departed, mv nerves were made ner-
fectly strong, It renewed my interest in
me anu maae me reel, in tact, hko an
other woman.
"After taking six bottles I thankfully
iiroclaimod myself well and stronir.
Those six bottles of Dr. Greene's Nervura
b'ood and nerve remedy did for me what
hundreds of dollars and numerous phy
sicians fniled to do. 1 cannot do credit to
its merits. Truly it should be lauded to
the skies. I adviso everybody to tnke it."
Think that letter over, sufferers. If
you have weak nerves, tired boilks, bad
blood or indigestion, have workwl too
hard nnd are run down, try the best
medicine in the world for these condi
tion", Dr. Greene's Nervura blood and
nerve remedy. It will cure you. It gives
health and strencth to everybody.
It is the great discoveiy of Dr. Greene
of 35 West, 14th St., Now York City, and
Is perfectly harmless. Tho doctor is the
mdSt successful rppclnlist in curing ner
vous nnd chronic diseases, He can be
consulted free, personally or by letter,
and thin fact places his great remedy
above nil other medicines.
lUcxlco Wlfl Nof Arbitrate".
WAsmxaTON, Jan. 29. Tho United
Statos has exhausted all proper means of
preventing n hostilo collision between
Moxico nnd Guatemala, and tho two
countries must sottlo thoir dlsputo with
out further restraint oxoroisod by United
Statos secretary Urosham s telegram to
tho Moxicnu government has met witli n
very flattering reply from tho Moxican
government, but in substanco it holds
that tho difficulty with Guatemala Is ono
that will not admit of arbitration. Tho
lnforcnco Is that Guatemala, must cither
promptly submit to Moxlco's terms or
fight. -
Slary Anderson Sorlnusly IU.
New Yoktc, Jan. 29. Mary Anderson Is
very 111 at Brighton, England, according
to a lotter received from that plaoo by Ru
dolph, of tho Casino. Tho lettor Bays that
sho Is bolng wheeled up and down tho
promemulo in a bath chair. All tho sylph
liko Indications of hor onoo pretty figure
and tho somewhat ethorial focohavo gono,
nnd in place of this wo havo n matronly
woman with plump dairy maid's cheoks.
Sho is "followed about by Navarro, who
looks haggard.
Favoring Canadian Federation.
St. John's, N. P., Jan. 89. It Is an
nounced thnt the present cabinet will bo
reconstructed this week preparatory to
consideration of the question ot tho con
federation of the colony with tho domin
ion of Canada. Sir William White-way,
whose political disabilities havo beon re
moved, will lieoome prliffo minister, the
position formerly held by him.
Now Juraey Legislature.
TllBMTON, Jan. 20. The Now Jersey sen
ate, in executive session lost night, unani
mously confirmed Governor Wert' nomi
nations of Supreme Court Justice Garri
son and State School Superintendent Ad
dison B. Poland, to suuooed thomselvos.
The governor sunt In no nomination of a
suscossor to tho late Justice Abbott. The
Bonute unanimously passed Assemblyman
('(Killing's house concurrent resolution
fuvi.r.iig an amendment to the stato con
stitution prohibiting gambling. Among
the bills Introduced was one which takes
ono osuemblyinuii away from Hunterdon
nnd gives It to Camden.
4n Kplscopal Archbishop for Washington.
St. Louib, Jan. 29. From information
gained here from high social circles it ap
pears to bo a probability that tho Kplsco
pal church will have an archbishop at
Washington boforo long. Tho commission
on the revision of the constitution and
canons will consider at Its coming meet
ing In Now York Fob. 7 a proposition to
Bet aslile the city of Washington as the see
of the archbishop. Aooordlng to tho ex
isting law of tho ohuroh the first arch
bishop would bo Ilov. John Williams,
bishop of Connecticut.
THE MOM CRISIS;
Full Text of President Clove-
land's Special Jlcssntso.
A BIG BOND ISSUE PAV0KED
The President Urges the Neoessity
for Non-Partisan Aotion.
DANGEE TO THE NATION'S 0EEDIT
Tlio Froscnt Finn of Ingoing Bonds Not
Well Calculated to Meet Our Present
Needs Tho Delay of Congress In Enact
ing Satisfactory Financial Legislation
Dangerous to tho Nation's Progress.
Ilurtlcncil with a Luail of Interest.
Washington, Jan. 29. The full text of
tho mossago sent to congress by tho presi
dent on tho financial situation is as fol
lows: To tho Senate and House of Representa
tives!
In my last nnnual mossago I commended
to tho serious consideration of tho congroi
tho condition of our natlonnl flnnnoos. nnd
In connection with the subject Indorsed
tho plnn of currency legislation which at
that time seemed to furnish protection
against Impending dangor. This plan hns
not beon approved by tno congross. In tuo
meantlnio tho situation has so changed
and tho emergency now nppcars so threat
ening thnt I duoijlltjmy duty to nsk nt tho
hands of tho legislative branch ot tlio gov
ernment such prompt nud offectlvo action
ns will restore conlldcuco In our lluancial
soundness nnd avert business disaster and
universal distress ninong our peoplo.
Whatever may bo tho merits of tho plan
outlined In my annual mossago as a rom
edv for Ills then oxlstlng and ns a safo
guard against tho depletion of tho gold ro
scrvo then in tho treasury, l am now con
vlnccd that Its recer'ion by the congross
nud our nresont advanced stago of iluan
clal perplexity necessitate additional or
different legislation.
With natural resources unlimited in vn
rloty nnd productive strength, and with u
peoplo whoso activity nud cntorpnso secli
only a fair opportunity to achlovo national
success aud greatness, our progress should
not be chocked by a false llnanclal policy
nud a heedless disregard Of souud mon
etary laws, nor should tho timidity nnd
fear which thoy ougondor stand In tho way
of our prosperity.
Necessity for Non-Fnrtlsnn Action.
It Is hardly disputed that this predica
ment confronts us today, Thoroforo, no
ono iu any dogreo rosponslblo for tho mak
ing and execution of our laws should fall
to sco a patriotic duty In honestly nnd sin
cerely attempting to relievo tho situation.
Manifestly, this effort will not succeed un
less It is mado uutrammolod by tho proju
dtco of partisanship and with n steadfast
determination to resist tho temptation to
accomplish party advantage. Wo may
well remember that If wo aro threatened
with financial difficulties all our people In
ovory station of llfo nro concerned; and
surely thoso who suffer will not rocolvo
tho promotion of party Interests as an ex
cuso for permitting our present troublos
to advanco to a disastrous conclusion. It
is also of the utmost importance that wo
approach the study of tho probloms pre
sented ns free ns possible from tho tyrnnny
of preconceived opinions, to the end that in
a common danger wo may be able to soek
with uucloudod vision a safo and reason
ablo protection.
Tho real troublo which oonfronts us con
sists in n lack of confidence widespread
and constantly Increasing in tho contin
uing ability or disposition of tho govern
ment to pay its obligations in gold. This
lack of confidence grows to somo oxtont
out of tho palpablo and apparent embar
rassment attending the effort of tho gov
ernment undor oxlstlng laws to procure
gold, nud to a grcator oxtont out of tho
impossibility of olthor kooplug it in the
treasury or canceling obligations by Its ex
penditure after It Is obtained.
Tho only way lott opon to thogovorn-
mout for procuring gold Is by tho lssuo
and snlo of Its bonds. Tho only bonds thnt
can bo so issued wore authorized nearly
twenty-ilvo yoars ago, and aro not well
colculated to moot our prosont needs.
Among othor disadvantages thoy are
mado payablo In coin Instead of specifically
in gold, which, In oxlstlng conditions, do-
tracts largely in an increasing ratio from
their desirability as investments. It is by
no means certain that bonds of this de
scription can much longor 1x5 disposed of
at a prlco creditable to tho financial char
acter of our government. Tho most dan
gerous and Irritating feature of tho situa
tion, however, remains to be mentioned,
It Is found in tho means by whloh tho
treasury is despoiled of tho gold thus ob
tained without cancelling a slnglo govern
ment obligation and sololy for the boneflt
ot thoso who find profit in shipping It
nbroad or whoso fears Induce them to hoard
It at home.
Onr Outstanding Obligations.
Wo havo outstanding about 500,000,000
of currency notes of the government for
whloh gold may bo domandod. and. curi
ously enough, tho law requires that when
presented and. In fact, redeemed paid in
gold they shall be reissued. Thus the
same notes may do duty many times in
drawing gold from tho treasury, nor oan
the process be arrested so long as private
partlos, for profit or otherwise see an ad
vantage in repenting the operation. More
than $800,(XX,Oi)0 in these notes havo al
ready beeu redeemed In gold, and, not
withstanding such redemption, they aro
all still outstanding. Since Jan. 17, 1801,
our bonded Interest bearing debt has been
increased $100,000,000 for tho purpose of
obtaining gold to replenish our coin re
serve Two issues were made amounting
to 850,000,000 each ono In January nud
tho other in November. As a result of tho
first issue there were realized something
moro than $58,000,000 In gold. Between
that lssuo nnd the succeeding one iu No
vember, comprising n period of about ton
months, $103,000,000 in gold were drawn
from tho treusury. This made tlio second
lssuo necessary, and upon that more than
t58.000,000 in gold wore again realized. Uo-
twoen tho date of this second issue and the
present timo, ooverlng a period of only
about two months, moro than $60,000,000
in ftolu have boon drawn from tho treas
ury, These largo sums of gold were ex
ponded without any cancellation of gov
crnmont obligations or In any permanent
way benefiting our peoplo or Improving
our ooouniary situation.
Tho financial events of tho past your
suggosts facts and conditions which should
certainly arrest attention.
Mora than $17J,000,000 in gold havo boon
drawn out of tile treasury during tho year
for tho purposo of shipment abroad oi
hoarding at homo.
Whilo nearly $103,000,000 of this amount
wore d rawn out during the first ton months
of tho year, a sum aggrcgatlug more than
two thirds of that amount, bolng about
$09,000,000, was drawn out during tho fol
lowing two mouths, thus Indicating a
marked acceleration of tho depleting pro
cess with tho lopso of timo.
Tho obligations upon which this gold
has been drawn from tho treasury are still
outstanding, nnd aro nvallablo for uso in
repeating tho oxhaustlng operation with
shorter intervals ns our porploxltlos ac
cumulate. Conditions nro certainly suporvoning
tending to moke tho bonds which may bo
Issued to roploulsh our gold loss useful for
thnt purposo.
An adequate gold rosorvo Is In all cir
cumstances absolutely ossontlal to tho up
holding of our public credit nnd to tno
maintenance of our high national char
acter. Our gold rosorvo has again reached suoh
a stago of diminution as to require its
spocdy rolnforconiout.
Danger tu tlio National Credit.
Tlio aggravations that must lnovltably
follow nresont conditions and methods
will certainly lead to mlsfortuno nnd loSS,
not only to our notional credit and pros
perity nnd to financial enterprise, but to
thoso of our peoplo who scok employment
ns a means of livelihood nnd to those
whoso only canltal Is their dally labor.
It will hardly do to say that a slmplo In
crease of rovonuo will cure our troublos.
Tho annrohonsion now oxlstlng nnd con
stantly Increasing as to our financial
ability docs not rest upon a calculation of
our rovonuo. Tho timo has passed when
tho oyes of invostors abroad and our peo
plo at homo were fixod upon tho revenues
of tho government.
Changed conditions havo attracted their
attention to tho gold of tho government.
Thoro need bo no fear that wo caunot pay
our current oxponses with such monoy as
wo havo. There Is now In the treasury a
comfortablo surplus of more than $03,000,-
000; but It Is not in gold and, thoroforo,
doos not meet our difficulty.
I cannot see that differences of opinion
concerning the oxtont to which sllvor
ought to bo coined or used In our currency
should Intorforo with tho counsels of thoso
whoso duty it is to rectify evils now np
parent In our financial situation. They
havo to consider tho question of national
credit and tho consequences that will fol
low from Its collapse. Whatever Ideas
may bo Insisted upon as to'sllvcrorbimct-
allsm, n propor solution pf tho question
now pressing upon us only requires
recognition of gold as well as sllvor and n
concession of Its Importnnco, rightfully or
wroucrfully acquired, as a basis of na
tional credit, a necessity In tho honorablo
dischargo of our obligations payablo In
cold and a badgo of solvency I do not un
derstand that tho real friends of sllvor do
sire a condition that might follow inaction
or noglect to appreciate tho meaning of
tho prosont exigency if it should result in
tlio ontlro bauishmont pf gold from our
financial and currency arrangements.
Bcsldos tho treasury notes, which cer
tainly should bo paid In gold, amounting
to nearly $500,000,000, there will fall duo
In 1901 8100,000,000 of bonds Issued during
the last year, for which wo liavo received
gold, and In 1907 nearly $000,000,000 of 4 por
cent, bonds Issued In 1877. Shall tho pay
ment of theso obligations In gold bo re
pudiated? If thoy are to bo paid In such a
manner ns tlio preservation of our national
honor and national solvency demands, wo
should not destroy, ot oven imperil, our
nbillty to supply ourselves with gold for
that purpose. While I am not unfrlondly
to silver, nnd while I desire to seo it rccog
nizef. to such an oxtont as is consistent
with financial safety and tho preservation
of national honor and credit, I am not
Willing to see gold entirely banished from
our currency nud finances. To avort such
a consequonco I believe thorough and radi
cal remedial legislation should bo promptly
passed. I, therefore, lieg tho congross to
glvo tho subject immediate attention,
A Now limit! Issue Ilecommendod.
In my opinion tho secretary of tho treas
ury should bo authorized to lssuo bonds of
tho government for tho purposo of procur
ing and maintaining a sufficient gold -re-
servo and tho redemption and cancellation
of tho United fetates legal tondor notes nnd
tho treasury notos Issued for tho purehaso
of sllvor under tho law of July 14, 1890,
Wo should bo rclloyed from tho humiliat
ing process of issuing bonds to procure
gold to bo Immediately and repeatedly
drawn out on theso obligations for pur
poses not related to tho benefit of our gov
ernment or our people. Tho principal
and tho interest ot bonds should be pay
ablo on thoir fnco in gold, becauso thoy
should bo sold only for gold or Its repro-
sontntlvo, and becauso thoro would now
probably bo difficulty In favorably dispos
ing of bonds not containing this Btlnula-
tlon. I suggest that the bonds bo Issued
In denominations of $20 and $50 and thoir
multiples, and that thoy boar luterest nt
rate not oxoedlng 3 per cent..por annum.
do not soo why thoy should not bo pay
ablo fifty ycars from thoir date. Woof
tho present gonoratlon havo largo amounts
to pay If wo moet our obligations, and
long bonds nro most salablo, Tho secre
tary of tho treasury might well bo per
mitted, at his discretion, to rocolvo on tho
salo of bonds tho legal tender and troas
ury notes to be retired, and, of oourso.
when thoy are thus retired or rcdoomod In
gold thoy should bo cancelled.
These bonds, tinder existing laws, could
be deposited by national banks ns security
for circulation, and such banks should be
allowed to lssuo circulation up to the faco
value of these or any other bonds so dopes
ltod except bonds outstanding bearing only
8 per cent, interest, and whloh sell in the
market at loss than par. National banks
should not be allowed to take out circu
lating notos of a less denomination than
$10, and whon suoh ns aro now outstand
ing reach the treasury, except for redemp
tion and retirement, they should be can
celled and notes of the denomination of
$10 nnd upwards Issued in their stead. Sll
vor certificates of the denomination of $10
and upwards should be replaced by cer
tificates of denominations under $10.
As a constant moans for the maintenance
of a reasonable supply of gold in tho treas
ury our duties on Imports should bo paid
in gold, allowing all other dues to the
govornmont to bo paid in any other form
of money.
I bollovo nil tho provisions I have sug
gested should be embodied in our laws if
wo aro to onjoy a complete reinstatement
ot a sound llnanclal condition.
Hardened with a Load of Interest.
They need not Interfere with uny cur
rency schomo providing for the increase of
the circulating medium through the
agency of national or stato banks, slnoe
thoy can easily be adjusted to such a
scliemo. Objection lias 1vrfn made to the
issuance of Interest bearing obligations for
tho purpoM of retiring the noli Interest
bearing legal tender notes. In point of
fact, howovor, thoso notes havo burdoncu
us with a largo load of Interest, and it is
still accumulating. Tho aggregate Inter
est on tho original lssuo ot bouds, tho pro
ccods ot which In gold constituted tho re
serve for tho paymont ot thoso notes,
amounted to $70,ii.'fl 250 on Jan. 1, 1895,
and the annual charge for Interest on theso
bonds nnd thoso Issued for tho same pur
poso during tho last year will bo $9,145,000,
dating from Jan. 1, 1803.
Whllo the cancellation of those notes
would not rollovo us from tho obligations
already incurred on their account, theso
figures aro given by Way of suggesting
that their oxtstenco has not boon" free from
Interest charges, nnd thnt tho longer they
nro outstanding, judging from the oxper-
lonco or the lasc year, tho more oxponsivo
thoy will become.
In conclusion. I doslro to frankly con
fess my rcluutnnco to lssuo moro bonds In
prosont clrcutnstnncos and with no bettor
results than liavo lately followed that
courso. I eanuot, however, rofralu from
adding to nn assuranco of my anxiety to
co-operate with tho present congress In any
rcosonublo measure of relief, an expression
of my determination to leave nothing un
dono which furnishes a hopo for Improv
ing tho situation or checking a suspicion
of our disinclination or disability to meet
with tho striotost honor ovory national ob
ligation. GuovEn Cleveland.
fcxeoutlvo Mansion, Jan. 23, 1895.
Immediately after tho mossasro was read
In tho house Mr. Springer offered a bill
designed to carry tl;o recommendations
Into effect. Tho bill was referred to tho
banking and currency committee. Iu tho
senate tho mossago was sent to the
fluauco committee.
Thoro Is somo doubt whother tho houso
commlttco on banking nnd currency will
ngrco to report tho bond bill to tho houso
nt onco. Tho Domocrats of the commlt
tco are divided In their views on all finan
cial legislation, and somo of thorn aro Ir
revocably opposed to bond Issues. Ono
momborwho favors tho president s plan
says that ho does not believo moro than
four or flvo Democrats on tho committed
will vote for It. The balanoo of power,
accordingly, re-its with the Republicans In
the commltteT ns it does in tho house.
Chairman Sprlngjr believes that Repub
licans will vote to report the bill, and will
aid tho Democrats lij tho houso to puss It.
3
mTF;rHu fuiiuuio. lots.
Trains le&ve Shenandoah as follows s
For New York viz Philadelphia, vr'ek qitc.
1 10,6.25, 7.20, a.m., 1S.S2, 2.55. f.55 p.rr. Sucrtsy
!.iu, a. m. fot new yorK via maucr ununn,
-seen aayg, d.zo,7 --j a. m., z.aa p. m.
For Keadlnc and Fblladelchla. week dayc.
S.10, 6.25, 7.20, a.m., 12.32, S.65, 6.55 p. m. Snf
lay, i'.iu, a. m.
r or i-ousvino, wccn oays, z.iu, v.iu, a, in,,
2.32, ?.55, S.65 p. m. Sunday, 2.10 . ir.
For Tamaaua and Mahacoy City, week days,
!.10, 5.25, 7.20, a. m., 12,32, 2.55, 5.65 p. m. Sun
lay, 2.10, a. ra.
fot wuuamsjiort, aunoury ana i.owisDurj,
seek days, 3.25, 11.80 a. m., 1.35, 7.20 p. n
Sunday, 8.25 a. m.
For Mananoy 1'iane, ween cays, z.iu, i.zs. d.i.
r.20, 11.30 a.m., 12.32, 1.35, 2.55,5.65,7.20,8 85
p.m. Sunday, 2.10, 3.25, a. ra.
For Ashland and Sbamokln, week days, 8.11,
r.20, 11.30 a. m., 1.35, 7.20, 0.35 p. m. Buiaay,
i.io a. m.
For Baltimore, "Washington and the "West via
I, & O. K. It., through trains loave lleadlns
l-ermlnal, Philadelphia. (P. & R. I!. It.) at 3 2QJ
'.55, 11.28a. m., 3.48, 7.27, v. m., Hunrar 32T
55.11.26 a. m., 3.48, 7.27 p. m. Additional
f airs from 24th and Chestnut streets station.
week days, 1.45, 5.41, f.23 p. m. Hundays, 1.35,
8.28 p. m.
TivAlrio f UH SllttWAlNlJUAEll
i.eave Now York via Pblladelpnia,woekay
1.00 a. tn 1.30, 4.C0, 7.80 p. m., 12.15 Blent. Su
lay, MX) p. m.
Leave New York via Mauch Chunk, week flay
I M). 9,10 a. m., 1.10, 4.30 p. in.
Leavo Philadelphia, Heading Terminal
cek days, 4.20, 8.86, 10,00 a m.. and 4.w,
v, 11. p. m. aunaay, n.ru p. m,
Leave IteadlDe, week dayp, 15, 7.10, 10.05, 1
i. m.. 5.56. 7.67 r. m Sunday, 1.85. a.
55
Leave PottevUlo, week days, 2.35, 7.40 a
u tv, e,ii- p. m sunaay, z.aa a. m.
Leave Tamaqua, week days, 8.1i!, 8.60, 11 23 u
u., 1.20,7.15, 9.28 p, m. Sunday, 8.18 a. m.
. Leavo Mahanoy City, week days, 8.45, 0.11,
11.47 a.m., 1.51, 7.39, 9.54 p. ra. Sunday, 3.45
I. m.
Leave Mahanoy Plane, week dtys, 2.40, 4 CO,
1.30, 9.37, 11.60 a. m., 12.58, 2.06, 5.20, (.23,7.63,10 10
p. m. Sunday. 2.40, 4.00 a. m..
Leave Wlllfamsport, week daje. 7.42, 10.10,
a. a. 8.85,11.15p.m. Sunday, 11.15 p. m.
ATLANTIC CITY DIVISION.
Leave Philadelphia, Chestnut Street Wharf
ind South Street Wharf for Atlantlo City.
"Week-Days Express, 9.00, a. m., 2.00, 4,00,
MX) p. m, Accommodaalon, 8.00 a. m.. 5,45
p.m.
Sunday Express. 1.00, 10.00 a. m." Accom
modation, 8.C0 a. m. and 4.30 p. m.
Returning, leave Atlantlo City, depot, corner
atlantlo and Arkansas avenues.
Week-Days Express, 7.35, 9.1)0 a. m. ana
1.00 and 5.30 p. in. Accommodation, 8.15 a. m
and 4.82 p. m.
Bundaj Ext ress, 4.00. 7.80 p. m. Accommo
dfttlon, 7.15 a. m., and 4 15 p. m.
Parlor carB on all express trains.
u. u. UAisuwii, uen. rj2. At. .
" -iPnHadelphla F,
I. A. SWEIQAHD, Gen. Sunt.
HOTEL KATER,
OHAB. BURCHILL, Prop.
North Main St., MAHANOY CITY.
Largest and finest hotel in the region.
Finest accommodations. - Handsome fixtures,
Pool and Billiard Rooms Attached.
QARTMAN STEEL PICKET FENOE
ialtho cheapest and best fence made. Cheaper
i??ni2odon fe??e I01 res'denoes, lawns.cera
H7hA0ta0aD,kiIIi:lorfen!lne n. Master
S?,.,wf 3enoy?nd cnrrles ' tnstook at hla
w ..n.inM worug, in n, JABDIH ST.
THEATRE : CAFE l!
Formerly kept by Thos. an x.ns
Main and Oakytft's., ShenaaSoak
Fresh and coal Beer always on p.
Wines; Liquors, cigars.
CoaTKLLo Sc CABfalBT. Proprietor
DR. HOBENSACK,
REMOVED To 648 N. Eighth St..
ii nboe OreD, Poll, P.,
m.iL-merlSVor he treatment or BpUi
Hydrocele, Losi Manhood, etc 1 r(UieTt t,y
.ln""1" Kn(J stamp for hogk tloun
fctt.to9p.in Sundays KtoltoT
FADING