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7 aily 'Argus. a t U 1 t ccL. XLI NO. 261 ROCK ISLAND. WEDNESDAY, AUGUST 23, 1893. Btnglo Copies 5 Csatf Par Week 18 VmmU 1 1 K Island a m v a st. U2 HARD TIMES. HARD TIMES. UAXKS AliltAIGNED BARGAINS, BARGAINS, BARGAINS, vT THE LONDON GREATLY REDUCED PRICES in Boys' and Children's Suits. We have added 200 pair of Men's pants worth 63.50, $4.00 and $5.00 to our 2.39 LOT. Your choice of any Shirt Waist, Mother's Friend and Star in our house for 50c. Our Men's Suits, great values at $10.00, for $5.00. CALL AND SEE THEM. W e Undersell Everybody on Everything. Voorhees Charges Them with All the Depression. ALSO WITH THE PENSION FKAUD CEY Big Store. trzawvy Front. SAX& RJ CE, JJOCKSIAA'D, JUL The Latter lielng a Deep Laid Scheme of the Money Poner to liiminish a Fund t Cannot llamlle Five I'inniiciul Proposi attions. Including an Income Tax. tlie Senator' Platform Mate Italics Defend ed and Advocated The National Hunks Must (vo. Washington, Aug. 23. It lias been the current talk for sonic time that Voorhees of Indiana and the president hail maiie a Vapprocliement" on several points upon which they had formerly v idcly differed and were m general accordance as to the linancial policy of the government. If so the president may, it is Nissiblc, fully agree with the following proportions with which V orhecs closed his first speech of the cxl i n session, and one of those greatest tfTortslhnt congressmen occasionally in dulge in. The i-peech is notable because the speaker is chainnan of the senate finance committee, and the declarations given l.elow give his views on the proper tiuauciiil policy. Currency on a Specie llasi. 1. A sufiiciei, i volume of currency .tt all times, state and national, on practically a specie basis guaranteed also by public honor with which to transact thejgrowinsc uud expanding business developments of the country. 2. The absolute denial and destruction of nil power in the hands of individuals, corporations or syndicates to cause fluctu ations in amount of the different curren cies in circulnt on, thus fr-noeiing j anics and business ili-asters impossible for the future. u. Kvciy dollar in ir-nbitton, whether gold or silver, stale muk currency or Uritcd stalls notes on a sti'.ci parity .'.ml inlevcliiitigealilu with v l y otlier dollar, thus i i -ii i-: 1 1 to the people the benelits and aiivi.niiiL.is or both a st:ite cuircucy and a ii:iiioi:al c.i: rem , in uiating in Imrtrony in .1 uniformity, j.tsd performing till the functions 'f mom y at liome and abroad. Stnte l.iinh and fiiroine Tux. 4. The si li ieii:ci:t oi' t i.e v .v". (;:;c-;ioii of silver money at once i.n.l b ever, I y au thorizing it to Si i-i.i i s poi-tio'i of tlie spe cie has i'i ipi.reil by t lie on-! i: m it n lor every va: tired bank in tic L'nion; by rccogiii, the sin For the next 30 days In Bedroom Suits. In order to reduce the immense line we have to make room for other goods we must sacrifice them. Come at once and secure the best bargain that was ever offered in the furniture trade. QLE&1ANN & SALZMANN. iW'i and 1527 Second Ahuue 124 126 and 128 Sixteenth Strneu Men's Artistic Tailoring. Tin Fashionable Fabrics for Sprin; and Summer have arrive d at J. B. ZIMMER, Call and leave your order tar Block Opposite Harper House., JOHN GIPSON, THE tflRST-CLAHS HORSE SHOER. l now lueated in tug new shop. At 324 Seventeenth Street, HTijent ihoei peialtj. Opposite the Old Maud. SAVED ! LABOR. TIME, MONEi BY TTBtKS- ANTI-WASHBOARD SOAP. Use it your own way. It is the beet Soap made , For V ashing Machiuf nse. MADE BY WARNOCX I RALSTON. Sold everywhere Is Life wth Living? That Depends Upon Yonr Health. MONROE'S TONIC Will cure you and keep yci well. For gale a: Ilarpcr House Pharmacy. John Volk. & Co., GENERAL CONTRACTORS AND HOUSE BUILDERS. Manufacturers of Sash, Doors, Blinds, Siding, Flooring i i Wainscoating, And all kinds of wool work for haHgers. EiUleeuth ou hit. Third and fourth avenuoa. bock island. i I wi.l-ll lie 11 ni Ti " 1 ill' 11 v.ers t if In make ie,:!'. 1 1 in!', i' money. thus liii.k ; tiie use of silver, coined in'o low them lie said that when the JJemo ciatic party declared in its national plat form for the repeal of the government tax tin the issue of state banks a hue and cry was raised by Republican leaders as if a public enemy under armB was about to invade the country. In vestigation of the subject, however, showed that no one had ever lost a dollar by the depreciation of the notes of a regularly chartered state bank.ur its failure to redeem its currency in gold or" tiilver Svhen cailed upon to do so. It was thiskind of a circulating medium, rtstinK on s specie basis, and always re deemable that was driven out of existence by a spurious, insincere mode of taxation f r the benefit of the national banks. Voorhees denied the constitutionally of the 1U percent, tax on state bank circula tion, even though a majority of the su preme ctu-.-t had reached uch a conclu sion, and argued for the riuht of the state to provide its people with a circulating medium through the agency of state banks. Tor the rest the government would never abandon a national currency, aud he ex pected at no very distant day that United States notes, such as are and have been in existence for thirty years past, their pay ment guaranteed by the honor of the (;ov. eninieut, would supersede all other na tional money except (;oM and silver, and that without jar or friction they would circulate in the hands of th: people along side of the well-cuarded, safely secured currency issued by the sti-tos aud guaran teed, according to the constitution, by both the precious metals. The speaker then laid down the declara tion of principles given at the beginning of this article and closed with an eloquent peroration, after which he was compli mented by a number of the senators. PALMER GIVES HIS VIEWS. money, as imperative as will In Useful to tlie trrst body of the people. 5. Tlie total and complete overthrow of the dangerous centralization of the money power now existing at a few money centers and in the hands of a few individuals, by giving d the people of tlie stales the r'.glit of lion 9 rule on the subject of money, and thereby sccurimj tothema reliable, non fi li t .iatitig home circulation. To these live propositions Voorhees added b t one move: A carefully adjusted and graded income tax a most equitable and upright measure in providing government revenue and demanded by old-fashioned eternal just ice. Nu: iomtl V.unkcrs Acciitrtt. In beginning his speech V. othees said that the real muse of t he depression was widely misunderstood and then reiterated the nft-made assertion that the national banks had brought it on becajise the gov ernment could not be forced to issue &JUO, (KHi.OOO in bonds. The banks had con tracted tlie currency because they had failed to have the lionds issued. The reason they wanted bonds issued was that in fourteen years the bonds upon which they based their currency would be re deemed nnd then they would have to go out of existence. For this object con certed capital had broken the gold reserve, and it was not until it was found that they failed to coerce the executive that the attacks on the reserve ceased. .liil a an Antl-Itank Men. A large portion of the speech is devoted to criticisms nttd accusations against the national banks, and if there are any who thought the Voorhees bill to give the banks more curr ney for t-c same quanti ty of bonds was nu indication that the senator was softening to the banks they may be reassured. The money power aud banks are charged with aliout every finan cial crime not punishable by imprison ment, including the charge that the banks hold millions of currency in their vaults which they wilfully and malignantly with hold from circulation so that they may continue to '"play bully and mastiff toward tliose in authority," and that they were at the bottom of the susptusion of pensions. "Why Tliey Attark rciisiun. He said that the fact that the amount of money in circulation is largely in creased every three months in tlie year by the payment of pensious, that it is done without the agency vf the banks nnd be yond their control, has excited the open und bitterest opposition of the great money centers from the very beginning of our present pension system. The charge m ule of frandulent pensions was simply a continuation of what had been heard from the start, and had the same inspira tion as former years. yuebtion of Money, Xot Fraud. That frauds were sometimes committed in the jiecsion office was undoubtedly true, and they should be investigated and ex posed. But the same could be truthfully said of every other office or institution known uuiong men. Fraud was incident to human affairs, and from it there could lie no complete escape, but it were better far that even a fraudulent pension should be granted than an honest, a well-earned. well-merited pension should be denied. It was the question of money, however, aud not the question of fraud which provoked the greatest wrath in certain quarters on the subject oi pensions. TO FOLLOW NATIONAL BANKS. A System of State Uauka Similar to "Be fore the War." Voorhees wanted it distinctly under stood that he was opposed to national banks and would do nothing to perpetu ate them. and in outlining what should fol- went over without action, i-erter intro duced a resolution asking the treasury if the banks of the east are not violating the law in not paying checks of depositors. An executive session was held. The silver debate occupied the house all day and until 11:10 at night. Lynum spoke and advocated the repeal of the Sherman law and llepbnrn ridiculed the idea that this law was the cause of the trouble, in timating that it was the uncertainty as to tariff action. There were a number of speeches pro and con at the night session. Worse Than the Kelurtion. Kansas City, Aug. U3. As a result of the opposition of the employes at Swift's packing house to a reduction of 10 jer cent, in their wnges the management has given notice that wages will not be re duced, but tn.it one haft of the force of 500 men at present employed there will be laid oil indefinitely. lie Says We Are on a ioil staiufanl Al- ! ready. Palmer of Illinois also made a notable ' ;ieech in which he said that the reason j the Sherman net was passed was to pre-! vent the passage of a fri-e silver bill. It was noticeable in Voorhees' speech that' now here did he define bimetallism as he held o the diwtrine; whether he favored! free coinage of silver at 1(5 to 1. The fact j is that l i e i.,i;o of coinage is what divides the two l.icf.ons in congress. Nobody ob jects to the :.c of silver as money, but the gold niesi iiemaud that the dollar shall have a doW.r's worth of bullion in it, if it is -..: -.; :u a!. Tii.- ;';ve coina.se men say that if free f.-::i a.-e ,s established at 10 to 1. 41 A 5 j:-iins of sfandr rd silver will soon be wort h U cms. Voorhees is indefinite on this vital point. Palmer is not. He came right out and said that gold was now the standard and silver a mere commodity; its liiu tuatious were such that its use as money was not safe and would not be so until both gold and silver dollars were equal in value. It was impossible to fix a ratio: the market value of silver was in a state of chronic fluctuation. One thing he was sure of and that was that the first hitig to be done was to repeal the Sher man act. He believed that would be one step iu the solution of the problem. 1 he repeal, he said, should lie accompa nied by legislative action putting lieyond doubt, the determination of the United Slates to uphold the proposition that an American dollar is Ion cents. He had no sympathy with the talk about England that cropped up at all points in the debate. uecouidhoid our own with her. "With commerce unshackled," said he, "'by use less restrictions, and a mercantile mariue which an unshackled commerce will cre ate the United States will meet our Eng lish rivals iu every port and demand and obtain our fair share of the money recog nized by all civilized nations." EtGHTY-FIVE FINANCIERS. They 1'resent a Plan to Congress Feffer'a Fiat Idea. Washington, Aug. 23. Eighty-five res idents of Douglns county, Ills., think that they have solved the financial question. They make their plan public through a petition to congress, which was presented in the senate by Peffer, and which was in words and selling as follows, except the address: "Your petitioners, citizens of Pleasant Ridge, Douglas county, Ills., and vicinity are opposed to our present Finan cial Laws aud petition your Honerable Boddy to revise them. Please hear us, we nre opposed to the issue of aDy morein tereste paying bonds. "We demand gold, silver, aud paper money issued by the government and a sufficient amount for the best interest of the government, gold to be a legal tender to amouut of 4300 after that 1 per cent, discount, silver to be legal tender to amount of oO after that 1 per cent, dis count, paper money to be a legal tender for all debts iu the United States. (If gold worshipers wants gold let them buy it) we demand a revenue and tax on all wealth to share the burden of expences of the Government, we endorse our Honera ble ex-Presidents Thomas Jefferson, An drew Jckson and Abraham Lincollen as honest advisors. We advise a make to be put on all traitors that are opposed to hon est and Just Ijiws and have them to take warning before it is too Late." Pfefler himself submitted to the senate Monday a plan the full details of which are somewhat remarkable. He proposes the immediate issue and circulation of treasury notes to the amount of $250,000, TtiO of the denomination of f 1, $2, 5, f 10 and ?20. These notes are made payable in lawful money and a e to be received by the government for taxes and all public dues aud to be legal tender for all debts. As fast as prepared they are to be placed 'in the treasury as so much available cash and paid out the same as other public moneys aud re:'ssued when returned to the treasury iu course of business. HooiiuTS are Made Happy. Arkansas City, Aug. 23 The presi dent's proclamation announcing that the Cherokee si rip will be ojieued Sept. 16 caused the greatest excitement among the boomers, 3,000 of whom are camped here, and the rejoicing as the news spread was of the wildest description. At uight there was a mammoth demonstration with a parade, bonfires ami speeches. From every point of the strip where boomers have centered come reports of demonstra tions. Men seemed t j have gone mad w ith delight aud women are not far behind them. The Weather We May Kxpect. Washington, Aug. 23. The following ara the weather indications for twenty-four hours from S p. in. yesterday: For Iowa, Illinois, Wisconsin an I Upper Michigan Local thun derstorms with rain, followed by cooler, northwester. y winds and fair weather. For Indiana and Lower Michigan Southerly winds; slightly warmer, fair weather, except local thunderstorms in lower Michigan. LIVE STOCK AND PRODUCE MARKETS Chicago ' . Chicago, Au?. 22. Following were the quotation! on ths Board of Tra.ia today: Wheat August, opened 61(5j, closed ttl-'ie; September, o; ened t.';.4C, closoii t2.Wc; IX-cember. opened "uhie, closed loc Cum August, opene! 3se, closed 3siljc; September, openol IS'Hp, closed SsSJc; May, opened 4lh0. closed 1i;.8 Oats August, opened iJ-M.c, closed 23; Septem ber, opened -4c. closed -4c; May, opened Soc, closed BOc. l'ori August, opened , closed ; September. opened $12.so, close ! S12 53: October, opened S13.0U, closed ill 4'J. Lard September, opened Js.10, closed t-70. Live Slock: The prices al tha L'nion Stock yards today ranged as follows: llogs Estimated receipts t-r the day, 15.0JU; left over about 4,'i ; ijuaiity good; market fairly active on paciisi: a-l shipping ac count, opening steady at yeVcr.lay's final figures, but closed we.ik and 1 -Uilic lower; sales ranged at 4 ?u&3.4" pus. S-Y45&6.0U light, Sl-9 &1.15 rousu packing, Ji-lOS.W mixed, and S-i.li.io.4i heavy packing and shipping lois. Cattle Estimated receipts for the day, 6,UOu; quality fair; market rather slow and prices steady; quotations ranged at 4.64 tfri.U) choice toextra shipping steers, tl.l(K3,t.5a good to choice do, $3.5Uji4.W fair to good. $0.00 3.40 common to medfum do, (2.9 ii 61 butch ers' steers, S2.U3-73 stockers, S2.5'J3:tJ feeders, Jl 2.2.9i cows. $LMji3.35 heifers, JI.5tf3J.2j bulls, t-0Ji3.3J Texas steers, and 82. V 1&5.0U veals calves. Bheep Estimated receipts for tlie day, B.uou; qua'ity lair; market rather quiet and prices steady; quotations ranged at S2JS5 ii3.4J per "l'Ju lbs westerns, J2.iKi3.UI Ttxaus, $2.0u3,t-2J natives and kS-SJ&i.UU lambs. Produce: Butter Fiacy separator, 22a per lb; fancy dairy. Iti'-aitt4c; packing stock, 13c. Egs Fresh s'.ocs, loss on", lJo perdoz. Live pjultry Spriiu caicieas, lie per tb; bens, ac; roosters, 5c; turkeys, 11c; ducks, Uc, gaeie. Siting 1.0J per doi. New potatoes Early Ohio. l.SJ'jilSJ per bbL Apples New, $2 ouci75 per bbl. Honey White clover, 1-lb sections, Ij&Kc; broken comb, luc; dark comb, goal condition, luj 14c; extracted. aic per lb. New York. New York, Aug. 22. Wheat September. 0iXi&&h&l Octo ber, Tl &-16&7l?ic; December, 77 5-16&76j4i?; Slay, e2?4C K e Nominal ; western, &5c Corn No. H&Hic lower and dull; easy; September, 4ta2,47e; Oct ber, 47H34?fec; No. 2, 4734S-4c. Oats No. 2, dull and easier; state, 3(V&tCc; western, '&H &46c; August, iOc; September, &$fco nomi nal, fort Steady, quiet; new mess, $14.50 &15.UU, Lard Nominal; steam-rendered The Lioral Jlarkrta. sruiiK.ITc. Wheat T4Ct76o. "orn 4ic 4-k' . New niti .":. Hay Timo:bT. 510; upland. I7.M2S.50; 1oui.I.;6.CI0i37.00; baled. fl0.00Q9.0U. PBOODCB. Butter Fair to choice, SOt; creamery, 8U225c; Eu-?s Fresh. 12--ic. Poultry Chicken, ljc; turkeva 1H; ducks littc; gvvre, 10c. TUT IT XD TBOBTAELB Apples f :t VxaS-1 per bbl. Potatoes (K ic. (nions Tie per 1'I. Turnips 4."c per ba. LIVE STOCK. Cattle Butchers pay tor crn t a steer 444c; cows and oeifeis, lij'c calves Hoi; 5'jc. Sheep Sc. .TlSTHEPEOPUf vio r I proceedings in Congrets. Washington, Aug. 23. Iu the senate Allen of Washington gave notice of an amendment to the Voorhees repeal bill by substituting a free coinage bill at 10 to L Peffer introduced a resolution cutting the salaries of all government officials who re ceive more tbrn f l.OWJ per year. Voorhees spoke on the repeal bill, blaming the de pression on the money power aud national banks and advocating repeal of the Sher man law, and an income tax. Palmer of Il linois spoke.declariug silver hopelessly de moralzed and advocating repeal as a first step to help silver. Debate then took place on Voorhees nationsj. bank bill, . but it PDRESTLBEST, AND NOT THE TESTIMONIALS OF PURCHASABLE CHEMISTS Hi: - : ii 4 mi-: m i ' i ? ii vx i ; m . tr I: t; 5 '5 $' ' t f f: