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'"v. PRINCETON UNION, PUBLISHED EVERT THURSDAY TIEIElI&viES, $2.00 IFr "STear. iR DUNN, EDITOR AND PROPRIETOR OFFICE i RISES' 5T0M, UAIS 5! PRINCETON, MINN MAY 19, 1892 MOKE manufacturing establish ments are wanted in Princeton. Libeial inducements offered. Tire Duluth Tribune is biased against Knnte Nelson. When in congiess Mr. Nelson was a staunch filend of Duluth. PRINCETON A\111 hold it^ first fair thus fall, and it will' be the aim of the managers to make it the best county fair in northern Minnesota. PRESIDENT HARRU&ON RFPUBLICANS claim that Mis souri is, a doubtful State. It is doubtful -whether the majoiity TSill be thnty or foity thousand for the Democratic nominees. Missouri is edded to her idols. HE Republican State conven tion should be held before ha}'-- mg and harvesting commences, in the early part oi Julv, and the con\ ention should consist of not less than 800 delegates. KN UIE NELSON is gaining ground daily. His enemies are making a great deal of noise and indulging in considerable bluster but it avail eth not. The brainy '"little Nor wegian" is a sure winner. IT is not safe for a woman to travel alone in English railway car nages. Rapes are an every day occurrence in those carnages. The pei petrators of the henious offences aie generally titled ruffians. HE crudest blow of all to Sen ator Hill's political aspirations is the announcement that the Tam many hall gang have deserted him. The Tammany spoilsmen begin to realize that Dave is not in it. E LK RIVER Star-JYeios: Brain erd is not an ideal place for a dis trict convention, owing to the difficulty of getting in and out of the place, but there are some mighty nice people Brainerd all the same. REPORTS A FEW days before his death Senator Barbour, writing to his home paper in Virginia, said: "It is exceedingly doubtful whether the Democratic party can elect any candidate who may be nominated at its National convention for the presidency." GREAT WEST: We are surprised to hear that A. E. Ball, who isAmerican going to start a paper at West Concord, talks of John Furlong for congress' All we can say is that about ten words for Furlong in Dodge county will make his paper an "overproduction!" JOHN LIND is not at all back waid in declaring that President Hainson would be the weakest candidate the Republicans could nominate. If Knute Nelson ex piessed the same sentiments the "tiuly loyal" would brand him as a traitor and proceed to read him out of the party. FRED E PILLSBURY, BATTLE LAKE & PIONEER PRESS: has inti mated that if the river and harbor bill is not scaled down 25 per cent, he will probably exercise his veto pimei. IT is claimed that the anti-Har iisonmenha\e united on Senator Sherman as their choice for presi dent. The nominee of the Minne apolis com ention will not spell his name A\ ith a capital S. one of Min neapolis' best known business men and piesident of the State Agri cultural Society, died at his home in that city early on Sunday morn ing, of malignant diphtheria. De ceased was 42 years of age andBlaine, always enjoyed robust health until attacked by the dread disease which caused his death. He leaves ii wife and four children. Review^ We wei St Paul two days la&t week, talkmg with men from all paits of the State, and now we know that Knute Nelson is the man the Re publicans of this State want for governor. At least three-fourths of the delegates at the State con vention claimed Nelson as the man* a few talked for Clapp, IVCs and Ileatwole, but not once did we hear McGill's name mentioned in onnection with the governorship If Russ Harri son could be tempted far out on the briny deep it might be found that he was excellent for shark bait. Everything has its uses, if they can only be discovered. If the mouth of the Mississippi river were as unobstructed as that young man's, ocean steamers would come up to Lake Itaska. NATIONAL BULLETIN: A few years ago wire nails were so dear farmers could not afford to use them, but now, under protection, they have fallen in price until they are sold for less than the tariff on the imported article, and consum eis get home-made nails which are not only low in price, but the best in quality of any made in the world. THE Minneapolis Journal says a con ference wa3 held in St. Paul the other day looking to Knute Nelbon's nomina tion foi governor, and puts amony those in attendance "a brace of young news paper men from Duluth!"Duluth News. No such conference was held in St. Paul or any other place. The Journal asserted that the cditoi of the UNION was a "leading spirit" in the conference, and that is the first intimation that we have had that any conference was held. HON. G. J. LOMEN, of St. Paul, delivered a soul-thrilling address at the Norwegian celebration of "Independence day" in that city, Tuesday evening. At at similar celebration in Minneapolis on the same day Hon. Knute Nelson was the piincipal orator of the occa sion. The Tribime says: "Plis ap pearance on the platform was the signal foi round after round of ap plause which lasted several mo ments. STEARNS county has many aspir ing statesmen on the Republican side of the house, and they are all good able men. Judge Searle feels friendly towards all his neighbors, and he does not wish to embarrass the candidacy of any one of them for a position on the State ticket by prematurely announcing him self a candidate for congress. At the proper time Mr. Searle will make his intentions known to his friends. HE Waverly Tribune is pleased to note the fact that Wright county was recognized by the Republican party in the distribution of honors. The Tribune refers to W. E. Cul kin, esq., and Hon. J. N. Stacy. The former was chosen presidential elector and th latter alternate at the Republican State convention. The Tribune is a manly Demo cratic sheet. Some of the black mailing bastard Republican news papers of Wright county are badly disgruntled because Culkin and Stacy were chosen. T. C. from St. Louis and othei southern points indicate that the Mississippi valley south of the Minnesota line is flooded. The Mississippi and all its tributaries continue to rise and the damage aheady done is incalculable. CRAWFORD, the well known newspaper correspondent, con cludes a well-written and intensely interesting article on Blaine with this paragraph: "That he is re garded in Europe as one of the most potential influences for the advancement of the power of this country on this continent is shown by the opposition to him in coun tries whose interests are threatened by any increase in our growth. No one is so persistently misrepre sented and criticised in the Eng lish press. His retirement from power would be hailed with de light by every Englishman inter ested in the vast resources of South trade." GEORGE THOMPSON, proprietor of the St. Paul Dispatch, and also a delegate to the National Repub lican convention, does not seem to think that the salvation of the Re publican party hinges upon the re nomination of President Harrison. The Dispatch in criticising a com munication favoring Harrison that appeared in its columns, remarks: 'When 'A Loyal Republican' can show that the administration of Benjamin Harrison deserves to be placed in the same category as the first administration of Washington, Jefferson, ikadison, Monroe, Lin coln, or Grant, he can with much more force urge his, contentions on his fellow Republicans" HE RE is an eminent French diplomate's opinion of Secretary expressed in a cablegram from Paris under date of May 15th: "M. Paul des Chanel, who was recently in the United States on a mission of the French govern ment, is an enthusiastic admirer of James G. Blaine. In conversation he said he had indeed expected to find Mr. Blaine an eminent states man, but had hardly'been prepared to find him a statesman of the ex traordinary caliber which he is now convinced Mr. Blaine pos sesses. 'Mr. JBlaine,' said M. des Chanel, 'is the diametric opposite of the old European notion of American political men.' He places Mr. Blaine the fiist place of living statesmen." fete*.*&-Li^^AdM.i-,--^&x^^!l^^k.^^Mi^^^M Hr"*"1*" A OHBONIG SOREHEAD. That chronic sorehead and bolter Senator A. Y. Eaton, of Wright county, is badly disgruntled over the action of the recent district convention held at Brainerd. Mr. Eaton is the gentleman who bolted the nomination of Hon. Wm. H. Houlton, as tried and true a Re publican as there is in Minnesota, 1890, and was elected senator by the grace of the Democratic voters of Wright county. In a long winded senseless diatribe in his paperthe article we noticed in an exchangehe finds fault with the apportionment of delegates to the Brainerd convention. That apportionment was exactly the same as the apportionment made by the Republican State Central committee for the State conven tion at St. Paul. He asserts that "the Duluth delegation came to the front with about 40 proxies from four small counties." That is a lie pure and simple. The four counties had 16 delegates in all, and only eight of these delegates were represented by proxies. We have a certain feeling of admira tion for a clever artistic liar, but an ignorant bungling liar like Eaton betiays his asinary imbecil ity in every line he writes. What could be expected of an ignoramus who figures out that a two mill tax on $1,000 amounts to 20 cents? Eaton prates about the greatness of Wright county and its immense Republican vote. In 1890 Wright county gave the Republican nomi nee for governor a/beggarly plural ity of 32 vote', and gave Castle a plurality of 45 over gallant Capt. Snider, the Republican nominee for congress. What a banner Re publican county! The little county of Beltrami did better than that for the Republican party. In the Brainerd convention Wright coun ty's candidate for delegate, Mr. W. E. Culkin,and by the wayone Mr. Culkin is a thorough gentle manwas backed by the counties of Wright, Stearns, Benton, Mor rison and Pinecounties that gave Wilson a plurality of 3,387 over Merriam. The counties that were arrayed against Mr. Culkin gave a Republican plurality of 3,340. This man Eaton imagines himself a large sized toad in the miry slough of Wright county politics, and probably he is. But he makes the mistake of assuming that Wiight county is the Sixth con gressional district. Eaton and his gang of heelers are not "in it" in the Sixth. The stalwart Repub licans of the Sixth district have no use for a chronic Sorehead and bolter. The sooner the decent Re publicans of Wright county find this out the better it will be for them. IN BAI ODOR. The Hoggish Northern Pacific Railroad Company Meets With Rebuffs in Wash- ington. WASHINGTON, D. May 17. [Special.]There is a great deal of comment here on the manner in which the Northern Pacific Rail road Company has been turned down since James McNaught set out to run the government. The company has lost its suit against Mary Barden, of Superior. Mc Naught, chief counsel, of the Northern Pacific, argued this case for the company, while Gen. San born, of St. Panl, represented Miss Barden. McNaught's argu ment was weak and he made a poor impression. In deciding this case against the company, the supreme court has given Western settlers a guarantee against the rapacity of this rail road, McNaught, Oarkes and even Villard have been before the com mittee on public lands trying to amend the classification of the Montana mineral lands. The com mittee unanimously voted against the company. The bill as re ported is Just to the settlers and the government but unsatisfactory to the railroad people. The com ments of members of the com mittee on McNaught's speeches were anything but complimentary. The sharpest dressing down that any attorney has received here this year was administrated to Mc Naught by Secretary Noble. The attorney tried to bulldose the secretary of the interior in the Yellowstone Park matter. Noble is making war on the Northern Pacific park monopoly and the railroad officials have made a futile attempt to smircfi his official char acter. The park company tried to blacken Russell Harrison's char acter, but President Oakes finally admitted before the investigating committee that Mr. Harrison had not received any stock, had not bargained for any and was not em ployed by the Park company as a lobbyist. Strong "Cider." A man got drunk on a single glass of "cider" last Tuesday and landed the cooler. We have two or three "'tem- perance" saloons don't you see!~-J3ek giade Entetpnse. f'-v ...1.& ^k-^JsM^ a-JiCi awa^ff&- ^%S) PAPER MONEY. Why the First $60,000,000 of "Treasury Notes" Were Good as Gold. Why the Next $400,000,000 Were NotThe Reason Succiently Stated. Sir: In the Hon. Leland Stan ford's speech in the United States senate upon his scheme for loaning money by the government upon real estate, I find the following: "During the war of the rebellion the government issued many mil lions of paper money. The first issue of sixty millions was good for all debts, public and private. This did not depreciate at all, and was good or preferable to coin, while the other money, not so le ceivable, became very much depre ciated." I had the above thrown at me upon the street a few days ago by an Alliance man. Now, is it not true that we could pay a debt during the war and since with one issue of greenbacks as well as with another? If it is true that the first sixty millions did not de pi eciate, was it not because we had sufficient gold back of them to keep them at par? It is the first time I have heard that statement and will Mr. Horr please explain fully all about the matter? JOHN COULTEK, Russell Springs, Kan., May 4. The statement of the fact in Senator Stanford's speech is liter ally true and yet the inference which he draws is entirely false. Mr. Coulter asks a simple ques tion: "Could we not pay a debt during the war and since with one issue of greenbacks as well as with another?" Certainly we could. There has never been more than kind of greenbacks. Mr. Stanford misled our correspond ent by using the term "paper money." A simple recital of the facts will make this whole question easily understood by every one. Early ift the war the govern ment became embarrassed for funds with which to meet its in creasing daily expenses. At that time the only money in the United States was gold and silver coin and the notes of State banks, over which the government had no con trol. Our statesmen were strug gling for jneans with which to carry on the war. The first issue of paper money, to which Mr. Stanford refers, was* known as "treasury notes." They were not ^greenbacks" at all. The govern ment did issue about $60,000,000 of those "treasury notes." They were made receivable for all pub lic dues, and were always re deemed in gold when presented for payment. Experience soon showed that this paper money was used almost entirely for the pay ment of custom dues and other taxes payable to the government. The expenses of the nation were over $3,000,000 per day. It was not a difficult matter for the gov ernment to keep $60,000,000 at p?r by such an arrangement. It soon became evident, how ever, that this $60,000,000 was but a drop in the bucket as com pared with the actual needs of the government. The problem at once confronted our patriotic statesmen how to provide for more than $500,000,000 each year over and above the actual receipts of the government. Jt became necessary three years to raise not $60,000,- 000vbut over $2,000,000,000. While the government could keep $60,000,000 of paper money at par, no sane man will assert that they could have kept thirty times that amount. The plan finally adopted was that of issuing gov ernment bonds and selling them in the markets of the world and, in addition, the issue of our present greenback money. In order to float our bonds they had to be made payable in coin, and the government had also to provide for the payment of the interest on such bonds in gold. The green backs were issued with the under standing that they were not to be redeemed at once. Indeed, the government did not attempt to re deem them, but treated them as a time loan not bearing interest. As a matter of course, they in stantly fell below par, not because the government did not receive them for customs, but because the government could not ledeem them on presentation. The ar langement seemed at that time the only way out of the trouble. The first issue of treasury notes was instantly quoted the same in value as gold, and' instantly sold for the same premium, because the govern ment redeemed the notes in golc]. They wfere retired whenever they were paid in for government dues, and of course disappeared instantly as money, being very soon taken up and cancelled by the govern ment. Confusion is produced constantly TftiaBI^Jftfifr* by "fiat money" advocates treat ing those first "treasury notes" as if they were "greenbacks." These men forget that while the govern ment could at that time manage $60,000,000 of demand notes, and pay them on presentation, it could not have managed one or two thousand millions of such notes. Had there been no provision whereby the government" would receive gold only, with which to pay its interest on its bonds, we would have been able to sell no securities, and our treasury would have been at once bankrupt. The issuing of greenbacks was a matter of necessity, not of choice. HE VALU E O "NOTES." Governments differ in no way from private individuals as to credit. The country is full of men who can issue their promissory notes for $100, $500 or even $1,000 and they will pass at par wherever the signers are known. But if the same men should put out and have floating about the countrv $5,000 of such notes such notes would in stantly fall below par, and many of them would be looked upon as worthless. Other men could use $5,000 worth of such notes and keep them at par, and yet ruin their credit by issuing $50,000 or $100,000 of such notes. The probability of each individ ual paying at maturity each note issued, and that alone, fixes the value of such notes. Hence it does not follow because our gov ernment was able to keep $60,000,- 000 of treasury notes at par (which is simply stating that it was able to redeem that amount of notes on presentation) that it could also have redeemed $500,000,000 of greenbacks. As a matter of fact, it was not able to. The credit of our nation became weakened. The confidence of the moneyed men of the world in the ability of the na tion to pay its debits became less and less. The consequence was that all the promises of our gov ernment depreciated in value. Our bonds depreciated as well as our greenbacks, and for precisely the same reason. The government was compelled to pay from to 10 per cent, for money, which was only another form of showing that the credit of the nation at that time was weak. We can borrow money now on bonds for 2 per cent, interest more readily than we could place them during the war at 7 3-10. Why? Simply because the credit of our nation is better now than it was then. Our greenbacks are to day at par, not because they will be received for custom duties, but because the government holds itself in readiness to redeem them in gold on demand. There is plenty of money in the United States at the present time which is not a legal tender for debt, either public or private, but there is not a shade of difference in its value when compared with that which is a full legal tender simply because it can all be readily converted without expense into gold coin or legal tender money. FINANCE DURING THE WAR. What can induce any true patriot to be constantly referring to those "treasuiy notes" and claiming, be cause the government was able to redeem them and keep them at par, that therefore it might ha\e recourt deemed and kept at par paper money enough to have met all the needs of the government during the war? I was a witness to the entire struggle of the nation during those fearful times. This government was saved only by tfie patriotic efforts of its entire body of loyal citizens. Our ablest statesmen were taxed to their utmost to pro vide means to put down the rebel lion. They were compelled to try many experiments. They were constantly making new history in' finance as well as in war. They did the best they could. When they issued those "treasury notes" they were struggling to avoid the expense and disasters which would have attended an inflated currency. They finally resoited to the issue of greenbacks, which were to be redeemed at some future time, as a matter of necessity. If the gov ernment could have borrowed gold enough upon its bonds to supply its needs, if it could have so man aged as never to haudle a single dollar of depreciated money, it would have lessened the expenses of the war enormously. The men who issued the greenbacks and who offered a large interest on our bonds, and made them payable in coin, and yet received greenbacks in payment for such bonds, knew that such a transaction was ex*-Land pensive but it was the best that' they could do at that time. At least, they honestly believed that it was the best that could be done. As one looks back at their honest efforts to save the nation, even though they did it at fearful cost, I, for one, have only praise for the good work they did. How anyFiualy real patriot can refer fo the $60,- 00Q,000 "treasury notes" and can use their being kept at par as evi dence that the government might have kept all its paper money at par, by simply having made it all receivable for customs, is beyond my comprehension. I do not say that every individual who makes such an assertion, is dishon est and unpatriotic but I do say that with my recollection of all those terrible days fresh in my mind, it would be dishonest and disloyal for me to use such an ar gument. At the time these trans actions took' place, I honestly be lieved that it was the very best thing that could be done. I know that at that time the course of the government met the approval of nearly all the men who desired to save the nation and of nearly all the men of brains who were man aging the finances. It is a very easy matter for hair-brained fanat ics and financial upstarts to look wise now and tell what might have been done, or still more what thev, with their surprising ability, would ha\ done. But let us not forget that those matters were all man aged by men of great heads and great hearts. For one, I believe they did their work carefully, did it well. R. HORR. STATE OF MINNESOTA, COUNTY OP Mille Lacs ss In Probatee rt oT, Term, May 12tb 1892 E -t, 0 S Pern? Seep^lTth~T891 Specia irroDat ^dSed^ ^oney, Georg Mahoney, of Pr.nceton, Mille Lacs county Minnesota, representing among other things that George Mahoney Jute of MUle^Lacsacounty Mmfe ne8ota,on thee twent founh day of August A 1891 Mmnesotaf died intes ate ^a\be,,Dv.agt?Princetony this county the tim r8lde MaltieE Jones* Ms heath, leavmg goods chattels and estate with in this county andC thattethe said petitioner is the widow of said6 deceased, and praymg that Id grameT tQ 6ta !U mi It is ordered That said petition be heard before thisconrt on Monda}, the 13th day of June A 1892, at two o'clock at the village of Princeton in said county, at the office of the nro bite jndge of said counly Ordered further That notice* thereof be given to the heirs of said deceased, and to all persons interested, bv publishing this order once in each week for three successive week* prior to said day of hearing in the Prince ton LNION a weekly newspaper printed and pub lished at Princeton said Mille Lacs county Bated at Princeton Minnesoia the 12th daJ Maj, A 1892 By the Court CHAS A DICKBT iL of i Judge of Probate BRADY, Att'y for Petitioner MINNESOTA COUNTY OF Pr0bat In the matter of the estate offlohn Fair deceased Letters testamentary on the estate of said i*?!** th tSETALJ. Suite unto Andre Fair and Thomas Fair of said county It is ordered, That all claims and demands of all persons against said etate be presented to this court for examination anddy allowanceSeptembeoprethtazvi bate ofhee thef MilagieD of Princeton Mille Lues 9?hni892nin oll(nv ti,I^ arthe A orderea% That 12 months from the date hereof be allowed to creditors to present their claims againbt said estate at the expiration ot which time all claims not presented to said court or not proven to its satisfaction shall be forever barred unless for cause shown further time be allowed Ordered further Tha^ notice of the. time and. piace of the hearing and examination of said claims and demandb shall be given bj publishm" this order once each week for three successive weeks prior to the day appointed for such exam mation in the Princeton UNION a weeklj news paper printed and published at Princeton in said countj Dated at Princeton Minnesota the 11th dav of Sept A 1891 By the Court CHAS A DICKEY LSEAL Judge of Probate BEADY, Att'y for Executors STATE OF MINNESOTA COLNTY OF JlilleLacsss in Probate Conrt, Special rierm Mar 19th 189 2 In the matter of the estate of Lucmda Case Hue gins deceased Letters of administration on the estate of said deceased being tbis day granted unto Robert Dunn, of said countj It is ordered That ill claims nnd demmdoi all persons against said estate be presented to thi& court for examination and allowance, at the pro bate ofhee in the village of Princeton MiileLiCb. countj on the following dav viz November 19th 1892 It is further ordered That six (6) months from the-date hereof be allowed to creditors to prebent Jheir claim*, against said estite at the expiration of which time all claims not presented to frHlci or not proven to its satisfittion bhnll be forever barred unless for cause shown further time be allowed Ordered further That notice of the time nnd place of the hearing and examination ot said claims and demands shall be given by pnbht.hiu-* thib order once in each week tor three iccessive weeks prior to the dav appointed for such exam mation the Prince on UNION a weekly new paper printed and published at Princeton, in s^id county Dated at Princeton, Minnesota the 39th dav of March, A 1892 By the court CHASJudgDICKEY, A of Probate BRADY Att'v for Administrator Notice for Publication. Land Offtee at Tavlors Falls, Minn Mav 6th, 1892 Notice is hereby given thatthefollowing named settler has filed notice of his intention to make final proof in support of his claim and that wnd proof will be made before the Clerk of the Dis tuet Court for Mille Lacs county, Mmn at Princeton Minn on June 20th 1892, 17 Earl Tucker E S No 2053 filed Febru an 10th 1891, for the SW of NWfc N JSf of SW# arftl lot Sec 33, 48 N 27 W 4th He names the following witnesses to prove his continnous residence upon and cultivation of, said land viz Ornn Rogers, Evington M* Case and George Lock of Garrison Miun ,and llliam Wallace, of Vmeland, Mmn ED GOTTRX, Register Notice for Publication. Land Office at Taylors I alls, Minn April 18th, 3892 Notice is herebj given that the following named settler has filed notice of his intention to make final proof support of his claim and that said proof will be made before the Renter nnd Re ceiver of S land ofhee at Tavlois Falls Minn on Ma\ 27th, 3892 vi7 biank Daigle PUD S No 2038 filed Feb 10th 1891, for the NW of NEi ~E\ of NWS, and NE* of SW# of section 35 42 N !t6 W He names the following witnesses to prove his contiiruons residence upon* nnd cultivation of said land, John Bartlett, William E Fmalv and Albert Porter, of Garrison, Minn and Even Mickelson, of Lawrence, Mum ED GOTTTY, Register Notice for Publication. Office at Taylors Falls, Minn April l8tb. 1892 Notice is. hereby given that the following named settler has filed notice of his intention to make final proof in support of his claim, and that said pioof will be made before the Register and Re ceiver of the land office at Taylors Fails, Minn on Mav 27th, 1892 viz John Bartlett, E S No 2056, filed Feb 10th 1891, for the S^ofSEi^NWXofSE* aud SEX of SW if of Sec 35, 42 N 26 W Ha names the foih wing witnesses to prove his continuous residence upon and" cultivation of snd laud viz Albert Porter, William E. and Frank Daigle, of Garrison, Mmn and Even Mickelson, of Lawrence Minn., ED GOTHRY, Register. shu t* AM*^4^XWU