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/r-V. VOL. 2. NUMBER 43. fu* & 4 MTV* •if Pakota ^Spring Openin 1 Magnificent Display! The Latest Styles! Dress Goods, Notions, Ladies Jacket si Ladies Wraps, Trimmings, Draperies, Carpets. I have made a tour of Southern and Eastern Fashion marts and bought the latest styles in.everything. 6HflS. 6HRIST0PHER. DouWe Store. Leader in Low Prices. Pattee Block The Peoples' Coal Supply! Corner 6th and Dakota Streets. -(One block North of Milwaukee depot.)- M. Proprietor, Ohio and Illinois Soft Coal, and .The Celebrated Penn. Hard Coal, A Supply of No. 1 Michigan Salt. My prices are always as low as the lowest Customers get their coal weighed Free at City Scales. Yours for Business, JACOB KEHM M. SLACLE & CO -DEALERS IN- Lath, Shingles, Sash, Builders' Supplies, Brick. Lime, Stucco and Cement. GERRIf KOOREMAM, Agent. -L. „,-o WO^THIBG, S. D. 'mm At A Iffc Peoples I'arty Convention. A State Conventon of the Independent party ot South Dakota is hereby called to meet at Medflcld on Tuesday, June :il. isftJ. at one o'clock p. m. for the purpose of electing six teen delegates and sixteen alternates to the National Convention at Omaha on July 4th, 1HDS, to nominate candidates for the various state and congressional offices and transact such other luiSiness as may come before it. Every person who will support the St. Louis platform is invited to co-operate ivith the in dependents under this call. It is recommend ed that the convontio/t ignore proxies: that delegates (and alternates) present bo permit ted to cast the lull vote of each delegation: that voting 1)0 by ballot and that the polls at ill primaries be held open one hour. The basis of representation will be three delegates for each organized count}' and one additional delegate for each fifty votes cast for H. L. Loucks for governor, or major fraction thereof, as follow: Aurora 0 Jerauld 10 Brookings 22 Kingsbury 21 Beadle S Kawrence 32 Brown SJ Lincoln 14 Buffalo 3 Lake IB Butte 7 Miner 14 Bon Homme 8 MeacL. 11 Bruce 9 McCSwk 8 Clark Clay Charles Mix Codington Campbell Day Davison ., Douglas Deuel... 24 Marshall 12 14 Moody 1*5 12 Minnehaha 24 ti McPherson 5 SI Potter 8 26 Pennington 12 18 Roberts ... 7 9 Sully 7 14 Spink 22 Sanborn 10 Turner 7 Union 24 W alworth 9 Yankton 12 Custer 7 Hutchinson 5 Stanley 3 Edmunds 10 Faulk 5 Fall River 5 Grant..-. 10 Hanson 11 Hand 1 16 Hamlin 11 Hughes 11 Hyde 5 Total Mo The committee will arrange to hold an In dustrial camp meeting at Bedileld for one week at the time of the state convention. It is hoped to secure the services of tVe best speakers in the United States for this meeting. W. E. KIDD, R. B. HASSELT,, Secretary. Chairman. CONVENTION CAU. The Peoples Party to meet at Omaha July 4tli. The joint committee of the people's party and the representatives of the "St: Louis conference of labor organizations sends out the following call. We urge that all citizens who support these demands shall meet on the last Saturday in March next in their re spective towns and villages and hold public meetings and ratify these demands and take steps to organize perparatory to electing delegates to the national con veniion, and we call upon all duly quali fied voters of the United States-who are in favor of these principles and of liomi nating candidates for President and Vice President oil the above platform to send delegates to a convention of the peode's party, to-be held in Omaha, Neb". July 4, 1893, at 10 o'clock in the forenoon. The Executive Committee of the Peo ple's party in each State are charged with the duty of promulgating this call and of fixing the time, place and method by which the said delegates can be chosen. The basis of representation shall be four delegates faom each congressional district and eight delegates from each state at large, making the total number 1.776. We call upon all citizens of the United States to help us make our principles triumphant. We believe that if the voters neglect their duty this year it may be impossible in any future canvass to protect the rights of the people and save the free institutions of our country. The voters must protect themselves. They can expect no one else to defend them. In the name uf the rights of the people, the homes of the land, and the welfare of all future generations, we call upon all honest men to come to our support in this great contest. The document is signed by the fol lowing: H. E. Taubeneck, Chairman Robert Schilling, Secretary, National Committee People's party. For the committee appointed by the mass convention: Ben Terrill, Texas H. L. Loucks. South Dakota. What Is Money. Judge Warwick Martin, author of the "Money of Nations," says that money is made by law, that gold and silver money is made such by law. and that law can and his demonetized both these metals. Let us see if this be true, then a strong point has been gained. We will take our nation's history on coinage. In 1792 con gress passed the first coinage laws of this nation, the act of April 2, 1792, statute 1, page 200, provides for the coinage of gold, silver and copper coins. The rela tions between silver and gold was 15 pounds of silver to one of gold. The sil ver dollar was made to contain 41G grains standard, or 371J grains pure silver and 43J grains of copper. Twenty-seven grains of gold. 11-12 fine, was made of the value of the silver dollar of 41(5 grains, the silver dollar was made by the unit of value and the money of account in which the proceedings of the courts of justice were kept and was denominated and divided as follows: The dollar or unit, dime or tenths, cents or hundred ths. mills or thousandths. Gold was not made a dollar by this law, but 27 grains were made of the value of a dollar and legal tender at that valuation, just like silver. All coins of gold, silver and cop per were made .full legal tender: Act Feb. 9, 1793, St. 1, p. 300. This law rqg^ ulates and fixes the value of forei^jnrtjpiiis .'•rr A Faithful LEADER in the Cause of Economy and Reform, the Defender of Truth and Justice, the Foe of Fraud and Corruption. CANTON, SOUTH DAKOTA. FRIDAY, APRIL 15, 1892. The Ljeader. in the United States. Act of March 3, 1795. st. 1. p. 110. This statute provides for the reduction in the weight of the cent. Tiie cent of 1792 contained 200 grains the cent of 1793 was made to contain 212 grains, 48 grains less than the cent of 1792. Both coins were made legal tender for all sums. This'proves that it is the law, the Hat, the legal impress, that makes money and not the amount of ma terial in tlv coin. The act of Feb. 20, 1800, st. 2, p. 374, thus renews the valuation of foreign coins, changing the valuation of many of them. Thus it was from 1793 to 1847, congress was fixiir. and changing the valuation of foreig:- coins, a fact I will not notice again iu il we have passed the several coinage ac, down to 1847, the date when congres ^monetized all for eign coins. If go -and silver were the best money, and jencjed not upon the law, but upon ght for their value, why all these lr changing the money value? There: ut one answer, they® were not mom «ith this- nation "until law made the:: so. Ac'tofJun i, 1834, St. 4, p. 669: This act chan.. the relation between sil ver and gold 1 ,m 15 to 1 to 16 to 1, and the standard gold from 11-12 to 9-10. This law !e 25.8 grains gold, 9-10 fine, correspo:. 1 with the silver dollar of 371J grains ure silver, instead of 27 grains, 11-12 li:ie as under the old law of 1792. There is If per cent difference in the metalic value of the gold coin of the same denominations under these two laws, and their legal or money value is the same under both laws. This proves that the law makes money. Act of June 8, 1837, st. 5. p. 137: This act changes the alloy in the silver dollar and made it contain 412} standard grains, instead of 410. as under the law of 1792, the amount of pure silver remaining the same under both laws. Act March 3. 1840, statute 9, page 397 this act created the gold dollar and the double eagle. The one was to be of the value of $1 and the other of the value of. $20. The only dollar that had thus far been created and coined was the sil ver dollar. This law did not make a gold .dollar, but it did make a gold piece of the value of one $1. This is the read ing of the statute. There has never been ia-friG United States a piece of gold called in the law $1, $2.50, $5 or $10 the gold piece's have been or the value of $1, of $2.50,1 of $5, of $10 and of $20—all of tliein were made by the laws creating them legal tender with the dollar. The dollar was the unit of value and the money of account by which gold was valued. Act of Feb. 26, 1853, St. 10, P. 100 this act created the first limited legal tender coin in the United States. Pre viously all United States coius, gold, sil ver and copper, were made full legal tender. Under this law halves, quarters and dimes were made over 7 per cent light, and legal tender for $5, only they were as good as the silver dollar up to $5—above thai sum they were not money, and no person was obliged to take them for debt or in exchange. They are simp ly light bullion. Why don't some philanthropic editors and ward politici ans attack this law, which has been in existence 39 years? This law creates a coin which made two half dollar pieces contain 3S4 grains standard silver, in stead of 412| grains, same as the silver dollar of our daddies ancVthe present sil ver dollar. This is subsidiary coin by its nature and the law authorizing its issue making it legal tender for $5 only forced it into the channels of trade which are occupied by retail business men, farmers and wage workers. It is essentially the money of the poor and middle class. Now it is plain to us that the croakers who are fighting the free coinage of sil ver because the bullion in the silver dol lar is not on a parity with gold commer cially are not doing it to protect the small business men in towns and cities, the farmers and poor wage workers, as they pretend, for gold is not the money of those people, but it is the money of the rich, and seldom circulates with farmers aud wage workers and small business men. Understand us. we don't complain because this subsidiary coin is light iu silver, for in our opinion, if it contained 00 per cent copper instead of 20 it would be a better money metal for several reasons, as will appear further on. The injustice we complain of is that it was made a tender for $5 only. All money, of whatsoever coined, should be made a full leual tender, so that its bearings will rest the same upon all classes of people. We Crtnnot afford to ape aristocratic gov ernments and make one kind of money for the rich and another for the poor, nor can we afford to tax the people to pur chase the dearest article of merchandise on earth aud hold it as a basis for all our business transactions when a cheaper article is more convenient and durable Let it be understood that law, and law only, makes money. My next article will be acontinuation of reviews of the laws on coins and coin ie United States since 1702. £ra A Lumber.-^^ IIEXKY FRANK. President. JAMKS -nj tor. GRAND OPENING. Latest Fashions. Grand, Attractive and Beautiful. Office and yards on Main street, Canton. Lincoln County Bank, Incorporated 1887. A. R. BROWN, President, A. G. STEINER, Vice President, O. A. RUDOLPH, Secretary, $1.00 PER ANNUM E. WENDT Has just returned from Eastern Markets with a splendid spring stock of Dry Goods and Clothing, Dress Goods, Spring Wraps, Dress Trimmings, Draperies, Spring Novelties, &c. A Large and Elegant Line of Domestics bought Cheaper and will be sold Cheaper than ever. E. WENDT, 6ANT0N. St. Croix Lnmber Co. -Manufacturers and Dealers in- Lumber, Lath, Doors, Sash, Shingles, Blinds, Mouldings, Building Paper, &c. We carry a full iine of Coal, Wood, Lime, Cement, Stucco and Brick W. BRADSHAW Manager. O. K. BROWN, Cashier. Interest allowed on time deposits, and short time loans a specialty. SANTON SOUTH DAKOTA. Wholesale ami Retail. M^^^-Coal. Ferpson & Treat, Lumber and Coal. Lumber, Lath, Shingles, Doors, Blinds, Sash, Mouldings, eto. We carry all grades of Coal, and Lime, Stucco, Brick and Cement Office and Yards opposite City Scales, Canton. Call and investigate our facilities to please. II T'jc' h. g, Buys Grain and Sells Fuel -mr W. W. THAYER. Secretary. MADDK.N, Business Agent. v'* iM