Newspaper Page Text
The Broad Ax. PUBLISHED WEEKLY. Will promulgate and at all times uphold tb vtrse prirdples of Democracy, but farmers Catholics, Protestants, Knights of Labor. In fidel. Mormons, Republicans, Prlesta, or any one else can bare their say, so Ions as their Uassage. Is proper and responsibility I fixed. The Broad Ax Is a newspaper wbose plat form Is broad enough for all. eTcr claiming the editorial right to speak Its own mind. Local communications will hare attention; write only on one side of the paper SUBSCRIPTION: One Tear ?2. Six Months.. l. rbree Months SO Advertising rates nude known on applica tion. Address all communication? to THE BROAD AX, 710 Main Street. Salt Lake City. Utah. JDLID8 F. TAYLOB.. Publisher and Editor. Entered at PostotSce as second-class matte; A man eighty-one years old com mitted suicide in Maine lately because the selectmen would not repair the road leading up to his farm. He probably Intended to mend his ways. As Instance of faithful effort to fol iar copy occurred recently In a New York newspaper office. It is not easy to tell the story in print, and part of it nst be supplied by the reader's imag ination. The reporter, who wrote a Tery bold, vertical hand, put it down that zigzag flashes of lightning played among the clouds and on the proof it came out that "313,309 flashes" played among the clouds. Because it was too hot to live Joseph Moore committed suicide at Mononga kela City, Pa., last week. During the afternoon, while bunting a cool place round the house he became exasper ated, and told his wife it was "too hot to live." The next thing ehe heard of aim was when his body was found kanging to a tree in an orchard. For a Kan who Is suffering from heat suicide Is something like jumping from the fry ing pan into the fire. Mr. Charles Grlswold, traveling salesman, living in Brooklyn, is glad for the first time in his life that be weighs over 300 pounds. He fell asleep en the deck of a Long Island sound iteamer and rolled overboard. He re stalned floating and treading water for two hours and ten minutes before he was sighted and picked up by the City of Norwich. He attributes his wonder ful escape from drowning to the ease with which his weight enabled him to float, and he says he will never com plain again about being a fat man. John Barry of New Brunswick. N. J., was arrested recently on a charge ol disturbing the peace by snoring. Mar tin Albert, the leader of a band and cornet player, said his instrument was not in it with Barry's snore. Albert told the court that Barry snored away tip in G. Then he diminuendoed, struck a cantabile movement, took a crescendo neatly, and caught his breath on the retard as if he had a small cir cular saw In his larynx. When he got als second wind he began well down on the bass clef, and burst forth with a fine Wagnerian finale that cracked the wall paper In the room above him. The court was unable to see that Albert had been seriously impaired by the roarer, and let him go to snore some more. According to recent reports, the Cuban enthusiasts have removed the base of their filibustering operations from New York to Boston, thinking, doubtless, that things having got a lit tle hot in the bigger city, a new field will offer greater advantages for a ihort time, at least It is also said that the threat to completely wipe out Havana with dynamite, If necessary, is BO empty bravado, but the fixed deter mination of the Cuban leaders In the j geld. And in tne meanwniie the talk ative Weyler spends the greater part f -bis time sending dispatches to his koine government announcing at what date he will have completed the anni hllt tier of the rebels. Up to date, how ever, they seem to take an awful lot f annihilating. E. IL Flumacher, United States con ol at Maracaibo, reports to the state department that the government of Venezuela has made contracts with William Harper, representing the Phil adelphia Museums and American Man ufacturing association, for the estab lishment of a permanent exhibition of American goods In Caracas, with their ewn building, and other permanent ex hibitions In Valencia, Ciudad, Bolivar and Maracaibo. The purpose of the ex hibition Is to give the Venezuelans an epportmnlty to formally Inspect and eoapare oar goods with those of the Id worlft. Mr. Flumacher says that Germany, England and France overrun Seath America with commercial trav Uag agents, mostly energetic young sea well versed In the Spanish Ian gaage aad the customs of South Amer ican people. A commercial traveler for an American house is seldom seen in the country. Mr. Plumacher thinks the permanent exhibitions will help American trade, without the great ex pease attending sending of agents to Soath America. - Two men In English, Ind., having j been blessed with an Increase to their ' ailies, have named their unoffend- j lag offspring Abraham Lincoln Ulysses j Grant William McKlnley aad Thomas ' Jefferson Andrew Jackson James Mon roe William JcRBlngs Bryan. Now let tmmo TTsiinBTi irise In his might and sajae a dasghter Mary EHea Nlnety-Xlae-Yeer Bloomer Lease. Now ikatBOSM one has set the exam ple, the wsrid may expeet to witness HMtaer era of Bosab-threwiag sad . at the raters ef Ann TRUE BI-METALLISM. EDWARD ATKINSON'S FAL LACIES ABLY REFUTED. C AasOn Snlth of Enclewood, XU., Tells & Story of th ropl' Money In st Try Few Words Attention Stu dents! "Then the true question of bimetal lism will come up not the false bi metallism under which it is proposed to force a man to take sliver when he has been promised gold but a bimetal lic international system of coinage un der which there shall be a world's coin made of silver under another name whoever names either In any contract or bill of exchange to be called upon to pay that coin and not to substitute one for another. That would be a true system of bimetallism, and to secure that the international conference ought to be held."Edward Atkinson In The Chicago Record. April 26. This Is a new and untried theory for two kinds of metal money pieces. Hith erto metal money has been national mainly, not universal. Metal between countries 13 taken by weight, not at its face value. "Custom makes the strongest of laws," and gold and silver for money are of ancient origin. Silver dates back for thousands of years and has been popular with the people more popular, perhaps, than gold. Why advocacy of s'lver should be called a "craze" and the advocates of its restoration should be called "fools" Is difficult to under stand. Mr. Atkinson's theory, as quoted above, tends to place money contracts on a level with commodity contracts within the national domain and a pri vate contract higher than the public policy which the law is supposed to rep resent. The theory tends to keep gold and silver separate, thus defeating equal bimetallism of long years' stand ing. In other words. It would be two Kinds of separate monometallism on the theory of commodity contracts. Before 1873 we had free coinage and bimetallism pure and simple at a ratio of 16 to 1, the two metals equal In le gal powers. If A had executed his note of hand to B for, say, $100, and bad specified gold in the note and when the note was due had tendered silver dol lars, or vice versa, the courts of this country would have sanctioned the tender and would not enforce a specific performance. Full legal-tender dol lars were sufficient in law for a money contract If ounces of metal had been named it would have been a commodi ty contract, quite another thing. The doctrine of common law would not al low any discrimination in the kinds of legal-tender money, for otherwise the sharp creditor, knowing the depend ence of the borrower, could exact and have "nominated In the bond" or con tract the highest-priced money and thus wedge the two kinds of money asunder. Hence it was unnecessary to mention one of the two kinds of metal dollars In the money contract; the law maintained their equality by equal pow ers and equal mint privileges. This debtors' option was a balance, for when one metal advanced a trifle the cheaper one would be in demand, and that demand would raise the lower one. But when silver was (partly) remone tlzed in 1878 they sought to stab this doctrine of full legal tender, public and private, with that fatal dagger "ex cept," the exception clause, "except where otherwise expressly stipulated In the contract." So to-day I take It that a silver note of hand can be paid with gold dollars, but a gold note of hand cannot be paid with silver dollars, plainly inequality of legal powers of money. This exception clause and pri vate contract theory disintegrates bi metallism, cripples the legal-tender function of silver and helps to keep silver subsidiary and subordinate to the monopoly of gold. It seems "the wish Is father to the thought" to make silver lamp Rnmp a bolt drawn to clog the machinery to keep silver "cheap" and thus have an excuse to condemn it because it is cheap. That does not look honest It is not fair to denounce silver in its crip pled and unequal condition and not en lighten the people that It is so crippled. If there Is superior "honesty" in all this "honest-money" talk, first make the conditions of the two metals equal be fore you compare them. Equal terms is the foundation of all comparative logic equal both as to legal powers and mint privileges. Then, after a fair trial, if any difference exists between the two metals It can be adjusted. If a silver miner can take his silver to a mint and have it coined Into full legal-tender 100-cent absolute dollars would he part with the bullion for any less? This country being a large pro ducer of silver and European nations being dependent and non-producers, it would be right for us to set the price, and If they will not agree we can go It alone and let them follow. Right here I must inject a little phil osophy that Is little understood and must analyze this "intrinsic" value "hammer-test" theory. Rogers In his "Political Economy" admits that If either gold and silver were demonetized and reduced to merchandise In the arts alone It Is doubtful whether they would command one-half of their pres ent value or price. Very well; then what Is the last half ralno rm tn Why, It Is money value functional value or utility value in Its chief use. Gold owes its chief value to Its chief use, which is money use, and where gold has to do all the work of both metals, since silver as absolute money is relegated to a back seat, gold Is In greater demand, and its value Is en hanced relatively. Silver bullion has lost in Us money value, or last "half value oa top," as evidenced by the legal tender dollar at 100 cents aad Its balllsa value at 53 cents. A. Jfifal teader dollar always has lf. V L V- YJfip3"!! THE NAPOLEONIC CANDIDATE NOW WISHES HE HAD FOLLOWED THE CAUSE OF THE PEOPLE NA TIONAL BIMETALLISM cents In change. Once it actually took 285 coined cents to buy a gold dollar. The representative yalue is the main thing in money; primarily the value was in the moniy when little confi dence existed between man and man and barter was Kept in view and a con ceived equivalent was demended on the spot but as confidence grew by the sustaining band of law the representa tive valun to the main thing relied up on. W have outgrown the time of runnlnp our money up into spoons or Jewelry "to get our money out of It" Bankers understand this representa tive feature, hence their "philan thropy" In wanting to create all the paper currency themselves, and not one is obliged to pay gold on their demand notes on which the banks realize inter est on their own promises to pay. As Dr. Benjamin Franklin also in vented a stove I will quote him: "Gold and silver are not Intrinsically of the same value as iron; their value rests chiefly in the estimation they happen to be in among the generality of nations. Any other well-founded credit is as much an equivalent as gold and silver. On the whole, no method has hitherto been a medium of trade equal in all its advantages to bills of credit made a general legal tender." Mr. Atkinson Intimates that "silver barons" are Interested in free-silver literature to boom silver. Well, now, honor bright, is it not axiomatic that the higher silver bullion "booms" up toward 100 cents, its face value, the more "honest" the bullion In the dol lar becomes? I sometimes think these excessive "honesty" folks give away their argument in their denunciation of silver miners. It Is scarcity rather than "honesty" that the single-gold standard folk want gold for "ulti mate redemption." It would be clear er to the average mind If they would say remote redemption. THE MILK IN THE COCOANUT is in the accumulative power of com pound interest One great writer ex claimed over a compound interest ta ble: "One thing that astonishes me is that the deadly fact that lies buried in these tables has not devoured the whole race." If when Christ was born Joseph had taken $1 down to the money-changers and "improved" it at 4 per cent In terest compounded nineteen centuries, it would amount to over 228 nonillion dollars, thirty-three figures in a line to express it or, in other words, over 15,000 spheres of standard gold the size of this earth. I dropped several worlds for the brevity of round num bers. Or it would equal a string of gold worlds to the sun and a quarter of the way back. Where are you go ing to get the gold or the silver, either? What does this array of figures teach? This: The heavy fundholders like the Rothschilds have learned this "deadly fact" the accumulative power of compound interest They may oc casionally assent to take their inter est in currency that they can turn In the market for more bonds by "con sent of parties," but when it comes to the principal, the goose that lays the coupon egg, they stand back on their "legal rights" nothing but absolute legal-tender money which they con spire to limit to gold alone, so relative ly scarce as to postpone Indefinitely the payment of the principal force a refunding and crystallize and per petuate bonded debts on all good. In dustrious, tax-paying nations la the civilized world. It Is long-time in vestments for their unwieldy fortunes. What protects long-time investments, largely created with paper credit cur rency? The pitiable superstition that nothing can be absolute legal tender save scarce gold under the dis guise of a single standard, so scarce as to teres pjfsjtdlng Instead of payment ley Sunrise at st. Helena. me h tha It is no trouble and Is safe so long as governments are strong and the peo ple are gullible. Thus the Industrious become hewers of wood and drawers of water. It was the fundholders in fluence that struck down gold in Ger many after California and Australia discoveries, when they thought silver would be the scarcer of the two metals and gold was guilty in their minds of the unpardonable sin of "inflation." After the Nevada discoveries they struck down silver and reinstated gold. Their influence stands in the way of European nations making sll-: ver absolute legal-tender money. They were quick to discover that the old ab solute legal-tender silver dollar of our fathers was rapidly increased in coin age In the last few months of free coinage. It is scarcity and not this latter day cant about "honesty" they were after, for the silver dollar was a trifle above par, the difference be tween 16 to 1 and 15 to 1, the ratio of the Latin union. A single gold standard means re mote redemption, a barren ideality when put to a test of redemption, is Wendell Phillips illustrated when the chairs broke down: "Why, you must have actually sat down in those chairs!" A scarce single standard means all sorts of excuses and subter fuges to breed debts to keep the coun try moderately "hard up," so as to force enterprise to come to the creditor class to borrow; also the creditor clas3 get permission to issue and control the currency and "get rich on what they owe." Bimetallism means to widen the legal tender base, to right the wrong and lessen the excuses for private snaps and subterfuges. It means the equality of all money before the law, it means more legal-tender cash and less misery. It means the utilizing of the best available material for legal tender money. And as far as possible all cash should be a legal tender. And more cash would be like the Introduc tion of letters and the Invention of printing. It would pour sunshine and Joy In dismal places and burst the "bonds" that grind to servitude. C. AUSTIN SMITH. Englewood, 111., May 9. H n. Arthur Sewall. Omaha World-Herald, July 13: The charge that the adherents of bimetal lism are engaged in creating a new sectionalism was well answered by the nomination of Hon. Arthur Sewall of Maine to be vice president Mr. Sewall Is a loyal, earnest cham pion of bimetallism. He belongs to the William P. St John school of business men. He has been brave enough to declare his principles and to defend them in times when those principles were not so popular as they are today. He has been the acknowledged leader of the forces of bimetallism in Maine and Ms-selection is a formal service of notice upon the champions of the single gold standard that every inch of ter ritory of the United States Is to be con tested in behalf of popular government The coinage of the constitution can be restored without the help of the state of New York and of other eastern states. But we will have the help of Maine beyond any reasonable doubt We will fight for Massachusetts and we will invade New York. Pennsylvania and New Jersey will not be surrendered without a struggle and Vermont will be royal battle ground. The restoration of bimetallism Is as Important to the farmers and the laboring men of the east as it Is to the middle states. Eastern newspapers do not reflect public sentiment They distort It The abolition, of slavery was accomplished wlthost the aid of the eastern press and the newspapers of that section ad vocated universal freedom ealy when they realized that the majority was de termined to establish freedom. From Maine to California the battle of the standards will be fought out The champions of bimetallism ask no quarter and will grant no quarter. They Invite the co-operation of all thinking men, but they will not lift a hand to check a deserter In his flight to the foe. We believe with Secretary Olney, that on United States soil Uncle Sam is sovereign and that "his flat is the law." We believe that England has no authority to rule this country, and in the favorite language of Andrew Jack son, "by the eternal" England shall not encroach upon the authority ol the American people. The Electoral Vote. The total Electoral vote is 447. It is probable it will be divided as follows as between Bryan and McKinley: Alabama f.TS" ""!?: Arkansas g California a Colorado 4 Connecticut "$ Delaware 3 Florida '.'.'. "4 Georgia 13 ' Idaho 3 Illinois 24 Indiana 15 lowa Kansas jq Kentucky 13 Louisiana g Maine 5 Maryland g Massachusetts Michigan 14 Minnesota 9 Mississippi 9 Missouri 17 Montana 3 Nebraska g Nevada 3 New Hampshire New Jersey New York ' North Carolina '.'...'. n North Dakota 3 Ohio .".."." Oregon '.'.'.'.'. 4 Pennsylvania ... Rhode Island . South Carolina "" g South Dakota 4 Tennessee .."!!! 12 13 15 4 10 36 23 32 4 lexas Utah '. Vermont 15 3 Virginia '2 Washington 4 West Virginia '.'.'.'.'.'. s Wisconsin ' Wyoming !!!."..!! 3 12 285 Total 162 447 From Bry.n's Own Paper. Omaha World-Herald: A president vewlta? T" be ected tSs E -T the a,d or consent f the eastern .states, which have in the past 12,, ?2? ,Ume a E0l(lbuS democrat goes to McKlnley In New York he paves the way for two ellver republicans to come to Bryan in the west Every time a goldbug democratic paper In New York repudiates the democratic plat form It renders more certain the repu dteUon of the republican gold platform among thousands of republicans la the middle and western states. A.,!BaU!,: to r,m taelpta tni;c2MUtutloa(dem-: L tte democraUc party to H faa damental nrfnrini. . ., . MlhCtW. "" "- A Novel Advertising- Sohsae. An laxenioo German bicycle manufaetam hT invested the following derlc. as an J vtrtUlnff &'vJI!;M!B!hL? .aoac. In tt oaijy ,li,"r" j " ?"uca u .niui to rive a nlEQ-srads machln . bejel salt io aay onS1wlloP7 l Wi esat Spot caaa: but, according to ts atrstiar 3E purchaser must pay for 'two wwkTu double- of the amount ttat haa been pala ttJ preceding day. It Sl? .J101 DrW, ESSeU?to diico tHat-Tt'tt."Sre tte two week Uie Dwycia ana suit will hT. cost something over SlOO. InKenloua advertisements, as will bs sa are not confined exclusively to the rjnlS Statca.-New York Times. 'w To Cleanse the System Effectually yet gently, when costlvs or billoua. or when the blood is impurt 9 sluggish, to permanently overcomi. bltual constipation, to awaken the fas. neys and liver to a healthy activity, without Irritating or weakening thea, to dispel headaches, colds, or fevers, m, Syrup of Figs. Bryan's Horoscope. Aa an Infant he kicked vigorously and tai doctor bet 16 to 1 he would be president. TVhen hla school teacher heard Mm make t speech at 0 years ho predicted then sa4 there he would bo president. When he went hunting at 10 years tna killed 10 ducks at 1 shot the neighbors de clared with one voice he would be president When he ran away from scho.,1 and spent the whole day fishing his mother did not whip him. for she saw therein a certain s!ja that he would yet be president. Atlanta Con stitution. How to Grow 40 Cent Wheat. Salzer's Fall Seed Catalogue tells you. It's worth thousands to tho wMe awake fanner. Send four-cent stamps for catalogue and free samples of grains and grasses for fall cowing. John A. Salzer Seed Co., LaCrosse, Wisconsin. Muscles, steady nerves, good appetite. refreshing sleep come with blood made pure bj Hood's Sarsapariila The One True Blood Purifier. All druggists. L Hood's Pills are the best after-dinner pills. EDUCATIONAL. THE UNIVERSITY OF NOTRE DAME. STotre Same. Indian. Fmn Chihi In Chiilfl. LrtUn, StlnM, Uw, CM, -(kuUml and Vttitni If lrtC- Tkamik rnitnWr? aad Cmmnltl birm. bw Tn to aU ttadaaU wl Bar eompItUd thi (tadle required for admlwlon law tna Junior or Senior Tear, of any of tfct Coll(1iu Connea, X limit! nnmtxr of Candidate (or ti XUtlaitlcal itaU will b rrcolrod at special rta St. tlmtHft Hall, lor 007 under It yean. Is uahjae U oorapUtraou ef Its eqnlpraenta, Th 10JU lira C1 pen SttBkr IU. 1SSS. CeUIeo sent Tree on ipplt cation to VIST KIT. a. aoSBlSSIT, C. S. C, TntUml, iotbs mar, lis. ACADEMY OF THE SACRED HEART T. JOSEPH, 31 0. TO eoarta of instruction is this academy, conducted by the Rallfflons of tie Sacred Heart, embraces tie whole ranfe of subjects neceesarj to constitute a solid and refined educetlon. Propriety of deportment, per. tonal neatness and tie principles of morality are ob jects of unceasln? attention. Eztenslrs (rounds af ford the pupils srery facility for useful bodily eier eisei their health is an object of constant aollcituda, and in sickness they are attended with maternal ear. rail term opens Tuesday. Sept. L. Terms for seeeloa eft -months, payable In adrance, S113, this includes tuition, board, washing, courses in French. Oermaa or Latin, use of library and physician's fee. Tor fur ther particulars address. THE SUPERIOR. Vademj Sacred Heart SL Joseoh. Vs. Have You a Boy? Do yon wish him taught how to Stand, to Walk, to Think. toLlTd Then seuil for a catalogue of ST. JOHN'S MILITARY SCHOOL, .nn.,y.n, Walter M. Jay. a. M-. Head Master. Our Native Herb AGENTS. There has been no increase in the price of ths abore medicine. We shall sell to all at las old Persons sending os H names of honest Po?; who would make us good agents, or who art M d with any disease, wo will send fre,h Washington Weekly Post" wspaper, 1 yes. THE AL0NZ0 0. BLISS CO., Gatrtl Wtsttra flfici, nio-ni: ixia strut, laiuiatr.n WadssJ OHct. Wnbinrtis. D. C. THE COMPANY. PAYS THE FKCICHT On their eommon-senso new stool horse whim. Will hoist 3 tons of rock 3U0 feet each shift. Is just ss sals aad reliable aa an engine It can be packed anjwhere m iCK can at , cuk .uwii v. clutches to break. 90 per cent, is wrought iron and steel and will hen! hefom breaking. Orer &0 in EM. some running 6 years without ons aouars expense, ninmmn. .hoists at price, KS. Ml 100 113 and on up. 8end for an UlnstraUd circular to THE WHIM CO..1230artls8uDauTer.0oa. M ggataiTiwstes'sEjswiiK. OPIUM ag"Ui?XgS!.g LIHDSEY OMAHA RUBBERS PATENTS, TRADE MARKS TfrsmlnsMon sad Adrkw as to Patentability of l Tsntloa. Itetklfw'TnTsatcTs'OaldorHowtoOeta Pates." OTAKaHX.AB05,Wsititngton.P.a ,FQR PEOPLE THAT ARE SICrC 1 t"Juat Don't Feel Well," I ns stttuui mien nil I O "5esuiti.rii.w amnaQa Thin tons. ftrsULAUa Tain w fS.Beasoled.C.rh"-, "T. W. TJ. Dearer. Vol. XHI. Vo. -f" Stronq .ns 3 taUsBeV BoGbr druggists. IE,j TO, wrltlacta twvsrtiawrs, tSMVia M UW efcaMMTSftlwewMat t tH 9t"- r. i B -!-- T- ."'--"' ''