Newspaper Page Text
NATCHITOC HES POPULIST.
8Iubsription $1.00 Per Year. There is No Free Country, Unless the People Rule. Price 5
VOL. V. NATCHITOCHES, LA., DECEMBER 16. 1898. N
BUTTING A STONE WALL.
GOLD IN OLD ROME.
AN , OBJECT LESSQN FROM
Condltions There Were Similar to Those
Now Etiatint Here- Gold Men Would
Not Surrender and the Empire
Crumbled to Dust.
That the United States can and
should by legislation immediately re
store silver to a parity with gold at
the ratio of 16 to 1 is made plain by a
" well-authenticated object lesson in Ro
man history that occurred 1,600 years
ago, in which the financial facts and
circumstances involved presented the
same issue that is presented by the
stmilar financial facts and circum
stances that are to be dealt with in
this country, and by which it is shown
that silver was then and there remon
etlsed with perfect success by the
greatest of constructionists, Diocletian.
Ulpon assuming imperial power, A. D.
284,' this peasant-born military leader
lound the empire paralyzed and disin
tlrating under the benumbing and
rushing effects of the single gold
standard. He set things booming by
aliply restoring silver to the coinage
at the old ratio of 12 to 1, with the
n.me legal tender power as gold. Both
mdiaen and Lenormant say that Au
pstus established the double standard
Of Jgold and silver, and that in the
clarse of time, after many modiica
iIs, the single gold standard had
aidopted. Our quotations about
~thngp and about the restoration
0frm the' Encyclopedia Britannica.
"Nmifsmatics," by Reginald
e, It appears that "under Elag
tfl r the taxes were paid in gold
.a' That "this was ruinous" will
S trprise any one who will consider
i etfcau experience with greenbacks.
two assues of them that were re
9e for government dues always
evm n ith gold. But those that
ltot h0od enough for Uncle Sam
down until gold was at a prem
of i85 per cent in 1864. The em
i between Elagabaluas and Dtocle
4 _ :.Metr all safrienyii y, bilver, so
Ml ael it was no longer used in
SWe have not space to re
S t l ~ t eteresting facts indident
' tf d4iteltlton of silver, whlic·
: W A to hate any real value."
iSi-.~~itn'sr reign and "before
the coinage of silver recom
WW the denarius of the stand
sn X "The dearius was the
i o " No more was
4e*sOtated or worthless $il
1Y DINeletlan silver was
its od place with. old,
i.. ý qlei yoked together until
t wbt he did was but a pra
ilaI of that most profound
~prtA ples which long pre
i ,beengb n thus ainounced by
t"oney (nmaisma) by itself
meme device. It has value
- ,(namot), and not by na
l1ha oha b hange of convention
fthose who use it is sdcient
it .of its value andt of its
4~peihae our relquvements."
jm lpower to reg-aete
pO iaoneas (noMis
' ~to measure valuos."
...t odf Glek is in
hetluei4 tic~ ·a.lhist
farm in Dalmatia. To one who would
have him return to power he wrote,
"Were you but to come to Salona, and
see the vegetables I grow in my gar
den with my own hands, you would
no longer talk to me of empire."
Diocletian at Salona cultivating his
garden reminds us of the farming of
some of our statesmen in retirement.
Jackson at the Hermitage, Jefferson at
Monticello, and Washington at Mount
Vernon. Parton tells us of Jackson's
sunset days that "he lived the life of
a planter, carefully directing the op
erations of his farm." That "he still
took the keenest delight in a flourish
ing cotton field, and loved a fine horse
as much as he did when he brought
Truston home from Virginia thirty
years before." The same author says
of Jefferson at this period of life that
he "loved gardening and farming, the
fields, the orchards, and his asparagus
beds." Lossing remarks of Washing
ton's closing years that "he rode upon
his farms entirely unattended. open
ing the gates, pulling down the 'bars,'
and inspecting with careful eye every
agricultural operation." The late Mr.
.Custis has left on record a description
of one of these occasions, in the latter
years of his life, which he gave to a
gentleman who was out in search of
Washington: "You will meet, sir,"
said young Custis to the inquirer, "an
old gentleman riding alone, in plain
drab clothes, a broad-rimmed white
hat, a hickory switch in his hand, and
carrying an umbrella with a long staff,
which is attached to his saddle bow:
that person, sir. is Gen. Washington."
FRANK K. RYAN.
Demounettlison of Slvrer.
While the subject of demonetizing
silver had been agitated in Europe for
many years, it had not been in the
United States, tut inasmuch as neither
gold nor .silver was circulating here
the manipulators got our government
to take the initiative in striking down
silver. Accordingly, the American con
gress, in February, 1873, by law de
monetized silver, so that it was no
longer a part of our standard coinage
and was no longer a legal tender as
.money for large sums, thus depriving
it of its function as money. The ef
fect of this was not at once noticed
heres In the fall of the same year the
German empire not only demonetized
silver by law, but gradually threw
nearly $400,000,000 of silver quietly on
to the market as a commodity. Nor
way Sweden, Denmark, and some
smaller states more or less dependent
upon Germany, demonetized silver by
laiw immediately thereafter. Holland
struek down silver by law in 1875;
Russia in 1876; France and the coun
tries of the Latin union by law stopped
the coinage of silver in 1878. Austria
established a gold standard in 1879.
In 1878 congress attempted to re
monetize silver, but the opposition was
able to partially frustrate the move
ment. The Bland-Allison bill was
passed, but it limited the amount to
be coined to from two to four millions
per month, and it did not make this
full legal tender, and the coinage was
not as free as it formerly was and as
that of gold Is. In 1890 this law was
repealed and the Sherman law was
passed, under which the government
purchased $48,000,000 worth of alver
every year and issued certificates
agaist it. This added $48,000,000 to
oar currency every year, and helped
slightly to keep up prices. But Pres
ldent 01aveland convened Congress in
speclasl -aOa1n to repeal this law In
180, and a hurther disturbance of
)iededI Osled. The Indian mint con
tftiued c~lnage of sliver until June,
i. .ad'lnlide of sIx days from the
.d it closed there was a fall in prices
of mearly s5 per cent.
ttie hre Nir York Pr~e Up to
b sI l as been a bounced, no
A*ioVIpa girl has attempted to kiss
Atgi' or say of the ofcials
1t ~~rarls. bureaus oh.his depart-.
HOW ABOUT WHEAT?,
THE DOLLAR WHEAT ORGANS
If the Republican Party Gave Us Dollar
Wheat What Wretched Party Is It
That Now Gives Us Fifty - Cent
In this fall's election the Wall street
organs were persistently silent upon
the subject of wheat prices; yet fifty
cent wheat was a political problem
this year, and low prices, which are
sure to continue as long as we are
afflicted with the gold standard, will
undoubtedly arouse the voters before
the next presidential election.
The following, on "silver and wheat,"
is from the Nevada State Journal:
"Last year wheat brought a dollar a
bushel in Chicago. The gold men said
the advance in price was due to the
legislation of Mr. Reed's congress, and
the silver men attributed the advance
in price to the failure of the grain crop
in the great wheat producing countries
of Europe and Asia. Now wheat for
future delivery is selling in Chi
cago at 66 cents per bushel, though
Mr. Reed still rules congress. Hereto
fore war caused an advance in the
price of cereals; now with 216,000 men
changed from producers to consumers
there is a material decline in the price
of wheat, though the laws enacted by
Mr. Reed's congress last year remain
unchanged. Betause of the scarcity of
breadstuff in Europe last year the gold
men ridiculed the idea that the price
of silver had atry connection with the
price of wheat or cotton. Now, in the
time of war, wheat goes down to meet
silver, until an ounce of the white met
al and a bushel command very nearly
the same price, as they did for years
before the failure of the grain crop
in India and the A'rgentine confedera
tion. The remonetization of silver
would benefit the farmer as much as
the miner, as the price of a bushel of
wheat, since India and South America
became exporters of that grain, and
silver was demonetized, always ad
vanced or declined with silver, except
instances when war or crop failures
caused a scarcity of the grain."
A farmer of Grinnell, Iowa, com
ments on the foregoing as follows:
"That's right, and it is probable the
wheat raisers o:f the United States by
this time see that the Republican ad
ministration and the tariff had nothing
to do with the high price of wheat last
year, but that it was due to the great
failure of the wheat crops in nearly all
other wheat producing countries, in
cluding especially India, South Amer
ica and Russia, and due, also, to the
;reat Leiter wheat corner in Chicago.
With increased but less than average
crops of wheat this year in foreign
countries, wheat `is flat, and getting
flatter. Good wheat, raised in Grinnell
township and sold in Grinnell, has
lately brought 50 to 52 cents per bush
"Other crops, corn, oats and pota
toes, though thIs year below average lh
yield, are so low that the renter don't
know how he in going to pay. his rent
and have much left to live upon. Wall
street don't want silver remonetized
because it wans to,buy the farmer's
crop at low prices; wants dear money
and cheap property. 'Tis time the farm
ers were working for cheaper money
and higher priced property. It now
takes too much produce to get a dol
IN SOUTH AMERICA,
The Gold Standard Will Compel a
The bimetallists cif England are still
fighting and fighting hard for slyver.
They are powerless against the Roths
childs and other great international
bankers, but through such papers as
the Manchester Guardian they contin
ue to force facts on public attention.
The following ;!from a recent issue of
that paper is of the highest impor
To the Editor of the Manchester Guar
Sir--while all sympathy is due to
the unfortunate holders of Chilian gold
bonds it is advisable to accept the
brave lesson that is taught by Chill's
suspension of gold specie payments,
and to draw a moral from the misfor
tunes of others.
The lesson that Chill teaches is
based on three elconomic mistakes that
have followed each other in quick suc
cession. Her first mistake was to close
her mints against the free coinage of
silver-one of her most valuable pro
ductions. Her second mistake was her
attempt to adopt a gold standard and
currency, and, that having failed, her
third mistake 'was to adopt a paper
and inflated cutrency, causing gold to
po to a premium. Argentine seems to
have taken alarm at Chill's failure, as
the premium on gold has since ad
vanced consitdlrably, while Mexico
looks on with Itndifference from the
standpoint of her silver currency. Mex
i o has plenty of silver money and is
proportienately' prosDperous and pro
gresitve. It Is impossible that this
state of td i 2. can pass unnottied by
-assman..aat ae3' ai3.
Events demonstrate that there is not
sufficient gold for the requirements of J
the world; the scramble for it is be.
coming day by day more intensified;
all that is dug out of the earth on the
one hand is on the other bought for
continental treasuries, where it is
lodged and held more securely than
when it was in the original matrix,
The Bank of England reserve is grad
ually growing less and less, and the
rise in discounts is the only available
process by which it can be protected
and increased. The inexorable logil C'
of facts is growing daily more forci
ble than the fascinations of theory,
and under the influence of the hungel
for gold it is probable that the misfor
tunes of Chili may fall to the lot of
others. The lesson taught by the expe
riences of Mexico and Chili is that sil
ver is at last asserting its rights as a
currency metal, and the longer this
right is denied the more widely will e'
currency difficulties and the premium a
on gold spread, with the inevitable P
consequence of monetary misfortunes; 8
while the sooner mints are opened to
the free and unlimited coinage of sil- F
ver, the sooner will certain bankruptl
nationalties be able to square theti d
gold indebtedness. What Mexico cat T
do any other South American nation
can do also. It is for the holders ol
Chilian gold bonds to bring their in.
fluence to bear on those who control
the finances of that unfortunate coun
try. Yours, etc..
London, Aug. 8, 1898.
What the Country Blossomed With.
A New York labor paper, the People
thus comments upon the prosperity
claims made in a recent speech there
by Attorney General Grigg:
"With McKinley's election, said he,
the country has blossomed like the
rose. No doubt there has been a 'blos
soming,' but it is undeniable that there
has been a 'blighting' also. East,
West, North and South; in mines, rail
road yards, shops and factories
everywhere wages have tumbled, and
shutdowns, together with improved
machinery, have thrown upon the
pavement thousands of the working
men. But these, evidently, are not the
'country' in Republican estimation; in
the Republican mind, the 'country'
consists only of that small percentage
of &ur population that toils not, neither
foes it spin, and yet Solomon in all his
lory is not comparable with - the
CAPITALIST CLASS. These have
been enormously enriched by the spoils
of the middle class and of the working
class through that process of capitalist
system-as natural as cholera is to
starvation and filth; and it has been
aided, wherever it wanted aid, by the
zealous aid of Republican legislation
and interpretation of law."
Supply of Money and Interest Bate
The contention that a low rate of
interest is indicative of an oversupply
of money was thus disposed of by Sec
retary McCulloch, in his report for
Dec. 4, 1865: "It is a well established
fact, that has not escaped -the atten
tion of all intelligent observers, that
the demand for money increases with
its supply, and that this demand is
frequently most pressing when the vol
ume of currency is the largest. Money
being an unprofitable article to hold,
very little is voluntarily withheld from
active use, and in proportion to its
increase prices advance, increasing the
demand for money; on the other hand
a reduction of it reduces prices, and
as prices are reduced the demand for
money falls off." This is also a strong
affirmation of the quantitive theory of
money, by an authority that our gold
standard friends regard as infallible.
-Farm, Stock and Home.
The People Want
Postal savings banks
Free coinage of gold and silver
Greenbacks, as good as gold or sil
ver and redeemable in neither
Municipal ownership of light, water
and street railway plants
Public ownership of all monopolles
A single tax upon the value of land
The right to vote YES or NO upon
every law which proposes to govern
To run their own railroad, telephone
and telegraph lines
To declare "unconstitgtional" the
Standard Oil company and all of its
In short, they, the people, want to
run the United States government, and
very shortly they will.-Nonconfor
mist, Omahas, Neb.
When the wheat is in the granary
And the bins are full of rye,
And the farmer taxed on everything
'Cept his mansion in the sky;
When the city fellers squabble
For the farmer's views and votes
To elect some man to office
Who does nothing but shave notes;
Oh!'it is then that the farmer
Is a-feelin' mighty blue,
With his ten-cent corn to great him,
And the market shaky, too,
And the Wall street robbers of the east
A-looking fat and well,
When the corn is in the corn-crib
And the price as low as h----.
Church Street, rear Iren Bridge, Natchitoches, La.
New Buildings, Now Buggies, Fresh Horses, Experienced Managers
Drummer's Outflttcd on Short N. ,Ice. 'Bus Meet all Trains.
Horses cared ror by tho (lay, week or month. Put up with us when you
come to town. Best line of Fed to be had.
Mc. K. HOLSTON.
Services at the Methodist church
every First and Third Sundays at 11
a. m. and 7:30 p. m., by the pastor,
Rev. H. Armstrong. Prayer meeting
every Wednesday night at 7:30 o'clock.
BAPTIST-M. E. Weaver, pastor.
Regular services, Second and Fourth
Sundays at 11 a. m. and 8 p. m.; Sun
day school, 10 a. m.; prayer meeting,
Wednesday, 8 p. m. All invited.
Phoenix Lodge No. 88, A. F. & A.
M.-Simooe Walmsley, W. , J. C.
Trichel Jr., Seo. Meets First and
Third Wednesdays at 7 p. m.
Castle Hall No. 89, Knights of Pyth
ise.-U. P. Breazeale, C. 0.; Adolph
L'Herieson, K. of R. & S. Meets
Second and Fourth Thursdays at 8
Criminal Term-First Mondays in
June and December.
First Mondays in March and Octo
First Mondays in April and Novem.
A. E. LBxx.. J. B. TuvCxu.
LENVEE & TUCKER,
General Insurance, Land Agents, Notaries Public
ABSTRACTS OF TITLES A SPECIALTY.
Represent FIDELITY COMPANIES. $o_ ptd o an i,°tlee.on llu
Office, Opposite Court House.
Establiphed in 1889
General Insurance Agency.
U. P. BREAZEALE,
[Suoeasorto Alexander, Hill & Breaseale.]
Represents First.Class Companies in Life and Fire Insurance
Bepresenting also the United States Fidelity & Guaranty Company,
of Baltimore, for Bonds and Securitied.
Prompt Attention to Business. ::: Country Business a Specialty
Office on St. Densis Street, NATCHITOOMBS, LA.
Call on me before placing your Insuranoe le whoere.
U. P. Breazeale,
- I- -
STATIE NORMAL SCHOOL
N atchitoches, La.
s TRAININCt s3CMOOL F0OR TEACHERS, maintained, by the' State
of Louisiana, offers a four years' course of instruction, 'ulist,
French;' Latin, Mathematics, Drawing, Bookleping, History, Lit
erature, Music, Natural Sciences, Psychology and Pedagogy; three
terms of professional study, one year of daily practice in model schools. Di
ploma bntitles graduates to teach in any public school of Louisiana without
Four well equipped buildings, a fifth now under construction; good lab.
oratories, library and reading room. Grounds of 100 acrec, beautifully lo
cated and improved; excellent health conditions and opportunities for phys
ical training and recreation. Dormitories accommodate 200 younp ladies:
gentlemen board in private.families.
Faculty of sixteen trained teadhers; 441 students last session 'uition
free to those who intend to teach; total necessary expense $106 foer session
of eight months. Fall term begins OCTOBER 8, 1898.
For catalogue write to
B. C. CA.LD WELL, President.
JoHN M. TucRnn, President. D. C. SaaOBoaouGH, Secretary.
JoaN A. BAnnow, Treasurer and General Manager.
GIVANOVICH OIL CO..
.... Manufacturers and Dealers in all kinds of....
COTTON : SEED: PRODUCTS,
S~ATORITOOHETS . LA,
Dr. C. Scaborough. H. M.Carv ec
SCARBOROUGH & CARVER,
ATTORNEY AT LAw, a
NATCHITOCHES, - LOUISIANA,
Will practice in the District Courts ii
the Parishes of Natebitoches, Red
River and Sabine, and in the Supreme
Court of Louisiana~ and the U. S. Dis,
triot and Circuit Courts for the West.
ern District of Louisiana. 1 17 ly.
C. H. PROTHRO,
PHYSICIAN AND SURGEON,
NATCHITOCHES, - LOUISIANA.
Diseases of Women and
Children a Specialty.
Office on St. Dennis Street.
S, MUEL J. lENRY,
ATTORRY ArT LAw,
Will practice in all the State and Fed.