Newspaper Page Text
-------- f9L?r --- -.-.-Li1 --Lf JK
KHTAIlTjlMlKlt ,JVLV in, 1HHH.
Knlrred at (fin Cruf.jJlrr .it ICiro, Trn, l Nreoutl Clan JTuflrr.
VOL. 4. NO. 185.
WACO, TEXAS, MONDAY AFTERNOON, FEBRUARY 5. 1892.
50 Cents Per Month
TnE FREK SI LVERITES
ARGUMENTATIVE DOCUMENT AS TO
Our . Cost
We are showing many exclusive patterns of Hamburg,
Cambric, Nansook and Swiss Embroidries in all widths and
Matched Sets to which
We Invite Inspection.
Lot I 5 Cents a Yard.
Lot 2 9 Cents a Yard.
Lot 3 12 Cents a Yard.
Lot 4 1 5 Cents a Yard. Lot 5 19 Cents a Yard.
They arc all QUITE LOW and much BELOW VALUE, hence sale
will be large.
Two Special Lots of I To Inaugurate the Season.
45 Inch Embroidiued KLOUNCINC.t 4 1-2 Yards in a Pattern.
LOT 1 $3.35 a Pattern.
LOT 2 54.85aPattorn.
These aro worth respectively S1.25 and 1 50 a yard.
yJUyL jvlUSLIN. UjDEFWEAR
- - Is now on - -
Take Elevator to Second Floor.
WE ARE NOW-SHOWING
Black and Cream Silk Laces,
Flounces and All-Over Nets of the
s.xxyiz&xy&x&Kxxxxxyix&i KKressiccxK skk&k KKxrecsKSKssai-Gsa:
IS A DOLLAR MADE.
LET US HELP YOU SAVE
Our s lendid facilities enable us to give you the best value
for your money. We have the largest assortment of
WACO FURNITURE COMPANY,
Sixth and Jackson Streets.
O. W. DWJD
Tie ir Grain! JtuUilhw, Xorth of l'tata,
The finest vohicleB and horses in the
city. Call oarriagea for ladies a spe
cialty and when desired, ladies can
have a driver in livery. All trains met.
Prompt attention to all orders and satisfaction guaranteed. Horses
ooarded on reasonable terms.
The Texas Savings Loan Association.
$101,061.33 NET ASSETTS.
Wants to Sell You a Homo on tho Installment Plan,
or Build you a House by contract, or we will buy your
Vendor's Lien Notes. Wo on examine your tittle
and Close up business the Bamo day of Appla tion.
CTO, ID. MATPIELD,
A Jlnre J.lln-rtil l'nll.y lor tlie lniiroo
K'nt nf tin" "MIsrUxIpi'I Spilnifor Wool
Hill -A;it-iiii-Mt on ItntcK of Dnlj l llu
ImpoM-il on Miillllfuctltre)! Cioixlx.
Washington, Feb. 15. Tliu order of
the majority of the committee on coin
age, weights and measures recommend
ing the passage of the Bluiul fiee coin
age bill will Le presented to the liouso
by Bland, and by consent has been made
public. Tho special ordcr'is a long and
carefully prepared document which dis
cusses tho various objections mado
against free coinage, showing tli.it in tho
opinion of the majority tlidk'' objections
me illfounded, and how free coinage
would gieatly benefit this- country and
especially the producers. The report
begins with an explanation ol the pro
visions of the hills reported. The freo
coinage of silver is provided for and it
is required that it be of stnndaid fine
ness to meet the cost of alloy used, al
loy being tdl the exiense now exacted
of the depositors ot gold. Coin notes
may be issued on gold or silver if de
manded instead ot waiting 'lor the com.
The coinndttee raised the ma.iimmi de
nominations of these notes fiom $.100 to
$1000 so as to accommodate dealing in
large transactions and bank exchanges.
These notes are made legal tender re
deemable in coin on demand. The bill
provides for the conversion of all gold
and silver notes into coin notes ledeeined
in coin, thus doing away with all legal
distinctions. It is believed this will
greatly tend to promote equally in all
lesjiectb. Theie will no longer ho is
sued gold iiotei or silver 11011 but bi
metallic notis, payable m either coin at
the plt-a-uiv ot llie govt'imheut.
J'hc u'p.iii s-u : n i. citf'i'i.i led that
tile rcn-oit e cxpolted sui bullion
while ir.ir mill's weie still, open to its
I'm- c-mage was t wit our raiio w;t
Midi ili.it nui com and bullion -liver was
woith mure as compared with g-ild at
European mints tlian heie, airl that
same lesnlt Would again follow, our-ra-tio
lt'tii.iimng 1U to 1, with the Fn lit h
mints open to liee coinage at lfij- to 1.
This would pi event Euiopean nation-,
especially Fiance, lioin again letiirning
to the bimetallic system. To avoid
this our coinmitteo provided that our
rate should be changed to 15J to 1 so
coon ab Franco resumes liee silver coin
age at that ratio.
The repoit then under tho head, "The
Dump of Silver," proceeds to the discus
sion of the cry that tho free coinage of
bilver would niiiko the United States tho
dumping ground for the silver of tho
world. The report says: "The familiar
wurniiig that lreo coinage would cause
ship loads of silver fiom other countries
to bo brought here and dumped at our
mints in exchange for our gold is still
urged. How can thisjie under the bill
or proposed law? A shipload of silver
brought to our mints by a f eloigner
would be coined into standard silver dol
lars and theso dollars returned to him,
but he could not go to tho treasury and
demand gold for them, nor could lie
compel one of our citizens to swap him
gold dollars for silver dollars. That is a
oluntury trade that no law ought to in
terfere with. Should a foreigner take
coin notes lor bullion instead ot coin the
same thing happens. Ho can take his
coin note to the tieasuiy and demand le
demption, but that notcisiedeeinnblein
coin and the secietary of tho trensuiy
could hand him back eoinstruck from
his ship-load of bullion. The lorcigner
then would asceituiu that ho had com
mitted the blunder of bringing bilver to
our mints, where it is worth !1 cents on
the dollar less than it was at homo and
that ho had lot this !t cents and tho cost
of transportation besides. What, then,
will ho do with his money? He must
either invest in pioperty hofo or go
home with it. He could not buy gold
with it or gold exchange unless gold and
silver were at par; in that case there
could be no reason for preferring one
metal to the other. It gold went to a
premium he would have to pay a pre
mium on his exchange, thutf entailing on
him additional loss on his enterprise of
sending lib shiploads of bilver. If he in
vebts his .shipload ol silver in our prop
erty and business enterprises ho will at
once stimulate industries, uwuken enter
terprises and give us u healthy .business
and sound currency. " The report then
quotes troin the report of Windoin, the
secretary of the tieasury for the year
ltHSU, in which tho secretary took tho po
sition that no danger need ho appre
hended of a Hood of European bilver.
Says tho secretary: "There is in iuct
no known accumulation of silver bul
lion anywhere in tho world. Germany
long siuce disposed of tier stock of
melted silver coins, partly by sale, partly
As we will move to our new quarters at the corner of Fifth and
Austin Streets about Feb. 1 5th, we do not want to move any of out
winter stock. Therefore we place our entire stock of Clothing, Hats,
Furnishing Goods, Trunks and valises on the market at
Except Dunlap hats, E. & V. collars and 'Scriven's drawers. We
hope our friends will take this ad. as intended, that we mean JUST
WHAT SAY COST. OUR CoST MARK is posted where all
can see it, and all prices will be made from it. This price will
enable you to buy a suit for 10.00. $12.00 and $15.00 never before
offered for the price. But we will not attempt to name articles or
prices, but ask you to come and sec.
These Prices are for Cash,
As it is less trouble to move than books. We will continue OUR
COST SALE through next week, and pcrhap longer. If you would
get the BEST BARGAINS come first.
Remember this actual COST SALE will be from day to day
next week at
ES : & : GOODLOE'S
The Clothiers, Hatters and Men's Furnishers
oy lecomage. It is plain, then, that
theie is no danger that tho silver pio
duct of past years will he ponied into
our mints unless new steps he taken for
demonetization, and fortius itnpiob.ihlo
contingency ample safeguaids can bo
Theie is much less leason for shipping
coin to this country than bullion, lor
while the leading nations of Europo have
discontinued tho coinage of lull legal
tender silver pieces, they have provided
by law for maintaining their existing
stock of silver coins at par. In England,
Portugal and the states of the Scandin
avian union there is no stock of silvei
coin except subsidiary coins it-quit ed foi
change purposes, nominal value, which
is far 111 excess ot bullion value.
Tho majority then go to show that
free coinage would put more money into
circulation, besides doing what is ot
priino iinpoitanee, viz., raising the status
ot silver the woild over. In conclusion
the majority sums up the repoit made at
the last ses-ion by Baitiuc of Nevada,
who, as the leader ol tho hen coinage
Republicans on the committee and in the
house, made a comprehensive, exhaust
ive and judicial review of tho silver
question in all its details. In this docu
ment Bui tint) went into tho cry that free
coinage would Ucod us with ehcai silver,
srnwing by n consideration ot tno finan
cial conditions in Europe and India it
was not to be apprehended. The quota
tions from Biu-tine'.) lepoit also go with
more elaboration into most of tho points
outlined in the first part ot tho leport to
bo submitted tomonow.
Kid cm Slllllons Ini llio MlvU-lppi.
Washington, Feb. l.i. The senato
coinmitteo on commerce decided to Ye- j
commend the adoption of 11 111010 liberal '
policy for the iinpioveinent of the gieat
international waterway, tho Mississippi
river. It wa decided tho bill lecently
introduced by M 1. Gibson of Louisiana
is best adopted to secure satisfactory le
sults than any othor. The original bill
proposed an appropriation ot $10,000,000,
but to carry out its purpose the .com
mittee leduced tho bum to $15,000,
000 and made a few changes in
other it'spects to make tho bill con
form to tho lcductiou. Ten millions
me to bo expended under the direc
tion of the secietary of war in accord
ance with such plans of the Mississippi
river commission as are apptoved by the
chief engineer from tho pa-ses to the
mouth of tho Ohio. There is a proviso
that not more than $2,000,000 of this ap
propriation can bo expended any one
ypar; that it is not to ho expended longer
than tho states and local authorities con
tinue their present contributions for
leveo iinpioveinents, and none of tho
money is to bo used for tho purchiiso of
sites lor levees or the payment of dam
ages for their construction. The secoul
section of tho bill piovides $5,000,000 of
the total appiopriatiou of $15,000,000
shall bo exiKjnded by tho secretary of
war on tho same section of the river in
uccoi dance with tho plans of the chief
engineer, tho vcarly allotment not to ex
To Admit Okluliuiuu uml tlm TVrrltury.
Wasiiino'io.v, Feb. 15. The house
committee on ten itorieshe.ud argument
by Horace Speed, district attorney of
Oklahoma, in fin or of the Harvey bill
lor the admission of Oklahoma and the
Indian Territory as one state into tho
union. lie contended that there was in
the Indian Teiritory more crime and
more murders than any other agricul
tural section of the United States of
equal size and population. For the pio
teetion of life and property it was ticccs
Fiuy to piowdo a system of government
coints by which trials could bo seemed
in tho districts In which tho crimes wero
committed and by local juries.
'-n lloiiow Trout Uncle sunt.
Wasiunoion, Feb. 15. Uepiesenta
tivo Clover of Kails-is intioduced a lull
authorizing the state for the puiposo of
iucieusiug transput tat ion facilities ttt
bonow money I111111 the go eminent se
cured by stale bonds bearing 'J1 per
cent, interest to amount not exceeding
15 per cent, ol tho taxable uluo of us
Count Aiuo V.ill.-j'tt .lure-scir.
Clll-Aiio, Fob. 15. Dni-ou oii Salle
ben, for the past six jenis embassador
ironi the Gei man empire to Japan, is at
the Richelieu Hotel en route to Wash
ington, where he succeeds the lido Count
Aico Valley as niiiiiater to the United
Aul.'i'il tin Hid Wool lllll.
Washington, Feb. 15. Tho Demo
ciutic members of the ways and means
committee Imd another ptolonged coit
ieienee on t hu Springer wool bill. Tho
les'ult wasoii agreement on the nifes of
duly to be imposed in the bill on maun
tnclureil wool. The lesnlt of the cou-
lereiice is favorable to a low tariff, tho
members ot the coinmitteo ledueing all
lollies below 10 percent under the lccent
law, its wclliihthn-e above 10 pur cent.
The agicemeut leached is jettohe voted
011, I he whole action being 011 each para
graph of wool and woolen schedules sep
arately. The iigicomout by paragraph is
ns follows: Woolen and worsted yarn !',5
per ci nt. on woolen or worsted cloths,
shawls, knit fabrics, all fabrics made 011
knitting machines or i'runicH, all niiiii
ufactuies of every description made
wholly or in part of wool or worsted not
specially piovided lor, 10 per cent.; blank
ets, hais of wool and llaniiel for under
wear composed of whole or part wool,
valued at not more than !10 cents per
pound, .5 iH'i-cent., valued at not mom
than 50 cents, III) jr cent, ad valorem j
valued 111010 than 50 cents a pound 115
percent. Women's and childien's goods,
coating, Italian cloth, bunting and goods
of similar description 155 per cent, ad
valoii-m. Clothing leady made and ar
ticles of weanng apparel, every destuji
tion ol cloaks, dolmans, jackets and
other outbide garments for ladies' and
children's apparel 10 jK-r cent, ad valo
lem. Webbins, gorings, susiionders,
braces, belting, bindings, braids, gal
loons, fringes, gimps, cords, cauls and
tassels, diesH trimmings, loco embroid
eries, buttons, head nets, 10 per cent,
ad valorem. Cm pets of all descriptions,
druggets, eariM'ntines, mats rugs,
screens, coveis, art squares and other
jortions of carpets, !!0 jier cent. In ad
dition to theso aro no per pound or per
square yard duties imposed.