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Los Angeles herald. [volume] (Los Angeles [Calif.]) 1890-1893, February 15, 1892, Image 1

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The Present Week Will Be a
Notable One.
Important Political Issues on
the Programme.
The Silver Question to Be Brought to
a Focus iv the House..
Tho Majority Report on tbe Bland BUI la
a Comprehensive Argument In
Behalf of ICnllmited
' Free Coinage.
Associated Press Dispatches.
Washington, Feb. 14. —There are in
dications that this week will be notable
in congressional annals as one in which
political issues will be made up. Iv the
house there may be an alignment of the
members on the silver question, and it
is the senate there will be
defined the economical Dolicy of the
Democrats as the sequence of the pro
gramme adopted by the majority of the
The bill providing for public printing
and binding, which is the business pend
ing in the senate, will probably be at
tacked by the section creating the office
of Buperintendent of public documents,
and indeed the Democratic senators are
disposed to question the statements
made by a majority of the com
mittee to the effect that the
entire bill is in the interest of econ
omy. Consideration of this measure is
expected to occupy several days.
The bill to prevent the adulteration
and misbranding of food and drugs
stands next in the order of measures to
be considered, but it is possible that it
may be antagonized by the senatorial
cade of Claggett vb. Dv Bois.
Mr. Vest may call up his bill provid
ing for the erection oi public buildings
lor postoffices in towns and cities
where the receipts exceed $3000 annu
The urgent deficiency bill is also to
be called up at the first opportunity.
It is probable that the subject of ap
propriations will be the principal topic
of discission in the house this week,
unless the silver question is forced to
the front. Tomorrow is "suspension"
day, and there are several bills
on the calendar which their friends be
lieve can secure the two-thirds vote
necessary for passage.
Chairman Wise of the committee on
interstate commerce will endeavor to
pass the bill to permit railways to give
special rateß to commercial travelers.
It is tbe intention of the Indian affairs
committee to call the Indian appropri
ation bill early in the week.
Friday will be devoted to private
claims, unless the subject of appropri
ations should interfere with the ordi
nary procedure.
The rules committee has several reso
lutions before it, and the proceedings of
the committee will be of special inter
est, in view of the fact that one resolu
tion is that introduced by Bland,making
the silver bill a special,continuing or
der in the house. The silver men are
striving to have the order reported at
an early day. Should there be much
delay in the rules committee, the fight
will be precipitated without awaiting
action by the rules committee on the
request to make the silver Dill a special
A Synopsis of the Majority Report on
the Bland Bill.
Washington, Feb. 14. —The report of
the majority of the committee on coin
age, weights and measures, recommend
ing the passage of the Bland free coin
age bill, will be presented in the house
tomorrow. It is a long and carefully
prepared document. It discusses the
various objections against free coinage,
showing where, in the opinion of the
majority, these objections are ill-found
ed, and showing how the free coinage of
silver will greatly benefit the country,
especially producers.
The report begins with an explanation
of the bill reported. Free coinage of
silver is provided, and it is required that
it be of standard fineness to meet the
alloy used, alloy being all the expense
exacted of depositors of gold. Coin
notes may be issued on gold or silver
deposited, if demanded, instead of wait
ing for coin. The committee raised the
maximum denominations of notes for
dealing in large transactions and bank
exchanges. These notes are legal tender,
r eedeemable in coin on demand.
The bill provides for the conversion
of all gold and Bilver certificates into
coin notes, redeemable in either gold or
silver at the treasury by the govern
The report sayß : "It is contended that
the reason we exported silver bullion
while our mintß were still open to its
free coinage was that our ratio was such
that our bullion was worth more, com
pared with gold, at European mints
than here; and that tbe same result
would again follow our ratio remaining
at 10 to 1, with the French mints open
to free coinage at 15>o to 1. This, it is
held, would prevent European nations
from again returning to the bimetallic
system. To avoid this the committee
has provided that our ratio be changed
to lb}4 to 1 as soon as France resumes
free coinage at that ratio."
The report concludes: "The familiar
warning that tree coinage would cause
ship loads of silver to be brought here
and dumped at our mints in exchange
for gold, is still urged, but under the
proposed law, the ship loads of silver
brought by a foreigner would be coined
into standard dollars, and these dollars
returned to him, but he could not go to
the treasury and demand gold for them,
as, according to tbe bill, the government
can nst its pleasure in paying in gold.
He would then ascertain that he had
committed a blunder in bringing his sil
ver to our mintß where it is worth three
cents on the dollar less than at home,
and that he loses this three cents and
the cost of transportation besides. He
cannot buy gold with the money, or gold
exchange, unless gold and silver be at
par. He will either have to invest the
money here or carry it home again. The
nations of the old world, seeing this,
are predicting calamity, instead of pros
perity, as the result of a free coinage
law here."
The report quotes from the report of
ex-Secretary of the Treasury Windom
for 18S9, in which the secretary took
the position that no danger need be
apprehended of a flood of European sil
"The truth is," the majority report
continues, "that a conspiracy formed in
the old world, planned and successfully
carried through there and here, was
aimed to confine the debt paying medi
um of the nations concerned to gold.
For this purpose the par of centuries
was broken. Gold was decreed to rap
idly rise in value, thus adding 50 per
cent to the value of credits, enriching
creditors, public and private, at the ex
pense of the debtor and taxpayers;
enormously depressing valueß and the
products of labor as compared to
notes, bonds and mortgages. The
words 'free silver' send a thrill of
terror to the promctors of this conspir
acy and beneliciaries. They know tbat
when this great government throws its
weight in the silver balance the world
will be again restored to full faith and
confidence in the future safety of silver
as the money of the world. The old par
will return and the two metals, being
tied together by the strong ligatures of
forty-four states and five territories,
with a population of 65,000,000 and
3,000,000 square miles, the greatest peo
ple and the greatest metallic power in
the world, can never again be disturbed.
It is this phase of the issue th ey fear,
not the swapping of shiploads of dollars
of silver and dollars of gold. It is the
restoration of the bimetallic par. It is
the skeleton of defeated fraud and ava
rice that lurks in the closet of the gold
palace that we are called upon to meet
in battle on the free coinage question.
"No citizen of the United States is
compelled by law to swap his gold dol
lars for silver dollars, nor is there any
law in existence or proposed that com
pels the exchange of silver for gold
without paying any premium that may
at any time exist on gold.
"Again, it is said we give the silver
miner at our mints a dollar for bullion
that costs only 41 cents, hesitating to
reflect that the gold miner extracts five
ounces a day in gold that we coin into
$100, when his day's wages is worth
only $3 or $4, thus coining his product
that costs but $4 into money of $100.
"When the utter inconsistency and
fallacy of all other objections to free
coinage is shown, we are confronted by
the ultimatum that our gold will flee
this country at once, contracting our
currency to the amount of $686,000,000.
The monthly statement of the secretary
of the treasury for January, 1892, shows
that we have in the treasury gold coin
and bullion to the amount of $278,246,
--750. The last annual report of the
comptroller of the currency, shows gold
in banks to the value of $96,558,694,
making a total in the treasury and
banks of $575,402,554. This amount we
have a trustworthy record of as being in
the country ; the remainder of the esti
mate of $686,000,000 is mere guess work.
Of all the objections urged against free
coinage, this, in the opinion of the comm
ittee, is the only one that de
serves serious consideration. That
the change proposed in the currency
laws, involving the complete restoration
of the bimetallic standard—return to
the coinage of both metals in equal
terms —will cause for a moment some
apprehension and probably a disposi
tion to hoard gold may be expected, yet
any evils that may result must, in the
nature of the situation, be transitory.
No important change that affects the
fiscal system can be made without, in
some respects, in the first effects at
least, causing some inconvenience or
friction somewhere. Yet it will not be
contended for this reason, that our laws
relating to currency or tariff or other
method of taxation need never be
altered. The ultimate good to be ob
tained is, and always has been, suffi
cient argument for amendments.
"To restore silver now would not
make 80 radical achange affecting our
currency laws as the ect demonetizing
it. Indeed, demonetizing took place
without warning, and at a time when
we were looking to the resumption of
coin payments and surely needed all the
specie possible.
"We have approached free coinage
gradually. The longer it is delayed the
greater the injustice done the people. A
few timid people and misers might for
the moment hoard gold, but the gold in
this country for the most part is held
by a class of citizens two shrewd and
alive to their own interests to drop gold
in the sea or bury it in the ground. We
are suffering all the evils, alleged against
free coinage by its opponents, without
the realization of the many benefits
claimed by its friends.
"The restoration of silver as a money
metal would at once allay all fears of its
ultimate remonetization by the nations
of the world. It would give confidence
in silver as a safe medium of exchange,
leaving no pretext whatever for the ap
prehensions now indulged in. There
could be no hoarding of gold. The
stocks of coined silver that would add
to the world's money would, in the na
ture of things, cheapen gold and render
it less burdensome to meet gold con
tracts than now."
The report then takes up the question
of the relation of the silver question to
India, for the purpose of showing that
silver demonetization operates as a
bonus on Indian exports to our disad
vantage. It says: "The fact that nearly
the whole of our exports of agriculture
go to European gold-using countries to
be sold in competition there with coun
tries on a single silver basis is cited by
economic writers to show the disad
vantage of the American farmer in such
competition. It is claimed and the his
tory of prices show that as silver falls
as compared to gold, so in about the
same ratio the prices of our farm pro
ducts fall. To say that silver ie low is
tantamount to saying the prices ol cot
ton, wheat and other farm exports is
depressed. The reason is plain. Coun
tries having a silver standard avoid, so
far as possible, liquidation of foreign
debts in money, for the reason
silver is, as compared with
gold, depreciated. To settle foreign
balances, therefore, in silver, entails a
loss of the difference in exchange be
tween the value of silver as compared
with gold. Hence the silver standard
country, India, instead of sending her
money, silver, to pay for balances,sends
wheat and cotton ahd other exports
which, in her currency, have not lost
their value at home or abroad. This
system looks as an indirect bonus upon
all such exports from silver standard
countries. Not so with the American
farmer. Free silver is coined only on
gold account. We are thus tied to the
Bingle gold standard; consequently
when gold goes up, as compared to sil
ver, wheat, cotton and other exports
fall in price. In other words, as silver
falls below gold, so also our articles of
export trade, especially farm products,
fall in price. These facts were clearly
brought out in tbe investigation of the
British royal commission.
"An explanation further is that the
farmer in all silver countries, who sells
his products for gold in gold using
countries, gets gold. If, therefore, wheat
is worth a dollar a bushel in London,
for a bushel of wheat sold there, the
farmer will get a gold dollar. This gold
dollar will buy silver enough in the
London market to coin into a dollar and
a quarter, at our ratio, and more at the
ratio of India. Therefore the farmer in
silver standard countries really gets a
dollar and a quarter for his wheat. The
American farmer gets his dollar iv gold,
but can not with that gold dollar buy
silver for coinage at home, for the rea
son that free coinage is denied him, sil
ver coinage here being limited to
the government account. Free silver
coinage would put silver and gold ou
a practical parity, thus putting the
American farmer on an equality with
the Hindoos and other silver-using peo
ple. It is beyond doubt that free coin
age of silver would thus add at least 12
to 15 per cent to the value of all farm
The report quotes from an article
printed in the past week in a Wall
street papei calling attention to the fact
that silver and cotton are selling at the
lowest prices in history. A telegram
from New York, dated February lßt, is
also quoted. The telegram related
that cotton tumbled the day before, and
after noting tbat tbe decline was partly
due to the large unused supply, said:
"The low price of silver was also a factor
in the decline, as England settled with
India in silver, and the lower silver
goes, the cheaper England can buy in
Continuing, the report says bread
stuffs are doing somewhat better now
than cotton, owing to the failure of
such crops nearly everywhere except
in the United States. This brings the
report up to tbe discussion of bullion
"Bullion purchases," it says, "will
not restore the parity of the two metals.
Bimetallism does not tolerate the idea
that one metal, gold, for instance, shall
be set up as a standard by which tbe
other metal, or silver,shall be purchased
or measured. This is gold monometal
lism and fixes gold as measuring the
metal, or the Bole valuation. Bimetal
lism means each metal shall be stand
ard with itself. Free coinage of
silver means that all silver bullion
of 412j4 grains standard, and 381J£
pure silver, shall be worth one dollar in
lawful payments. It is bullion that in
fact is legally monetized. This beiny
so, bullion to the amount oi 412} 2 grains
of standard silver is alwayß worth one
dollar, because the law so declares.
Silver cannot fall below the value the
government gives it at the mint, because
the mint is an open market for all of it
at a fixed price. The same may be said
of gold. Yet other countries may make
such a demand for gold as to make that
metal more valuable than silver. They
may in time make such a demand for
silver as to put it above gold, but at our
mints they remain the same in debt
paying power." The report then
quotes from a well-known authority to
the effect that as the<,people want al
ways t9 pay in cheaper money, the de
mand under a double standard for the
metal which falls off in price, results in
raising the value of that metal again
and bringing the two together.
In conclusion, the majority submit
the report made at the last session by
Mr. Bartine of Nevada, who, as the
leader of the free-coinage Republicans,
made a comprehensive, exhaustive and
judicial review of tbe silver question in
all its details.
The New Khedive of Egypt Will Be In
vested at Cairo.
Paris, Feb. 14.—The secretary of the
British embassy in Constantinople had
an audience with the sultan yesterday,
and it is semi officially announced today
that the hrman of investiture of the
present khedive of Egypt has been pre
pared, and that it is worded in the ex
act terms of the firman investing the
late khedive, Tewfik Pasha. This is
regarded as a signal success for English
diplomacy, as it defeats the attempts to
induce the sultan to insert a firman
of instructions to the khedive, reflecting
upon English supremacy in Egypt. The
sultan preferred to adhere to the old
form, in order not to embarrass the
khedive. The ceremony of investiture
will take place in Cairo in accordance
with the desire of England and with the
concurrence of the khedive.
Rumors of Revolts Denied by the
French Minister. -
Paris, Feb. 14. —Colonel Zezedello,
newly appointed minister at Rio
Janeiro, cables that the rumors of an
impending revolt in Brazil are untrue.
Since the restoration of legal order in
November last, the elements of agita
tion have had no existence. The dif
ferent states organize their own govern
ments, without lear of disorder result
ing. The banking question is in a fair
way of settlement. No further issues
will be authorized. The government
has no financial difficulty to contend
with, and has obtained a vote of confi
dence from congresa. Senhor Lebo will
become minister of the interior in place
of Senhor Periera, resigned.
Hill to Be Invited tp Mississippi.
Jackson, Miss., Feb. 14. —Representa-
tive Burkett, state Alliance lecturer,
will tomorrow introduce in the house a
joint resolution inviting Senator Hill to
visit the Mississippi capital and deliver
an address on auy subject he may
A Tempestuous Voyage.
Boston, Feb. 14.—The steamer Scan
dinavian, arrived from Glasgow, reports
a very tempestuous passage and that
two valuableTi'orses, destined for breed
ing purposes, and consigned to John
Belch, St, Paul, died on the passage.
A Wedding Party Run Over
by a Train.
The Bridegroom and a Friend
of the Bride Killed.
™ •
The Bride a Wife and a Widow in
One Short Hour.
Laborers Swallowed by Quicksand at
Seattle—The Father of Chief Jus
tice Kenny Dead—Other
Coast News.
Associated Press Dispatches.
West Berkeley, Cal., Feb. 14.—A
peculiarly sad accident happened last
evening at Poaen station, near here.
Francisco Jose Bispo, a rancher at
Lafayette, was married at St. Joseph's
church, to Conchita Silvester, a Portu
guese girl, only 17 years of age. After
the ceremony the wedding party walked
to Posen statu n to take the local train
to the stock yards, where the wedding
supper was to be held. While awaiting
the train, Bispo walked along the
track, carrying hia young nephew, and
accompanied by others of the party.
Suddenly the overland train,which does
not stop at the station, dashed around a
curve, through a cut, into the party.
Bispo and Mrs. Silva, a friend of the
bride, were instantly killed, while the
little boy was dangerously wounded.
The bride's grief was heartrending.
Fatal Accident in Sewer Tnnnel at Se
Seattle, Wash., Feb. 14.—Three of
the men working at the great Lake
Union eewer tunnel, in the northern
part of this city, were caught by a flush
of water from the spring, early this
morning while 120 feet from tbe mouth
of the tunnel. One of them, Daniel Mc-
Lean, was buried six feet under quick
sand, and another, Thomas Nelligan, was
rescued in an exhausted condition,
while a third, Peter Faber, though se
verely injured, escaped to the shaft,
where, upon being pulled seventy
feet to the top, he told
tbe story of the accident. Tbe
early morning shaft was just
preparing to go down to work and
were assembled arround the mouth of
tjie shaft when Faber came up. They
were immediately lowered to rescue
Nelligan and McLean. Nelligan was
found in the water and sand up to
bis neck. He was wedged in as
f packed in cement, and it was with
ifflculty that he was taken out. Near
ly twenty men Were at work looking for
WeLStjut'S body, but it was not fonnd till
1 10 o'clock. The place were the spring was
struck is 1200 feet beneath the surface,
and the men were at work in a sixty
foot lead off the main tunnel when
the accident occurred. Immediately
after the spring was flushed the lead
tunnel was flooded with water, and the
rescuing party worked in quicksand up
to their waists. The tunnel superin
tendent pays it was a miracle all three
men were not lost. McLean leaves a
wife and three children.
Judge H. O. Kent ty Dead.
Sacramento, Feb. 14.—Judge Henry
Oscar Beatty, father of Chief Justice
Beatty, died at his home here today at
the age of 80 years. He waß born in
Washington, Ky., and at an early age
removed to Ohio where he was admitted
to practice law iv 1836. He married
Mies Runyon at Monclover, and
two years later returned to
Kentucky, where he practiced
law until 1851, when he came to Cali
fornia and settled in Sacramento. He
practiced law here till 1803, when he went
to Virginia City, aud the following year
was elected chief justice of the Nevada
supreme court. He resigned in 1868
and returned to Sacramento, where he
has since lived and practiced law
up to ten years ago, when his hearing
partially failed. The deceased leaves
a wife, three daughters, Mrs.
Judge Denson, Mrs. Rev. Ward
Willis and Mrs. George E. Bates ; also a
son, Chief Justice Beatty. He was a
man of remarkable intellect which he
retained fully up to the moment of his
Only a Fourth-Class Ship.
San Francisco, Feb. 14.—The Pacific
Mail steamer Colima, Captain Caverley,
returned to port early this morning, af
ter a trip to sea to test her speed, in
order to decide to which class she shall
belong under the postal subsidy laws. The
steamer left port about midnight last
Friday, and ran down the coast to
Pigeon Point, where the test was to be
gin. When the steamer was abreast of
Point Bur and the race was over it was
announced that she had developed
a speed of thirteen and three
fourths knots. This places her in
the fourth class; but had she made a
quarter of a knot more she would have
been entitled to third-class rating. Her
engineers are confident that she would
make fourteen knots if given another
The Bank of Pitchers.
San Francisco, Feb. 14. —The follow
ing shows how the pitchers of the Cali
fornia baseball league worked last
Name. l'er cent.
Blauvelt 91.9
France 89.9
Hoft'raan 84.1
Cobb 83.9
Young 82.0
Garfield- •■ 82.0
Lookabaugh 81.5
Stephens 81.1
Harper 79.4
Pommers 71.0
Balsz 68 7
Borcbers 61.4
A Scarlet Spook.
Carson, Neb., Feb. 14.—Carson is at
present troubled with a ghost scare at
an old building known as J,he red barn.
The last few days 100 or more people
have spent the evenings trying to rout
the spectre from its quarters. It dresses
in scarlet and disappears occasionally
into the earth like any other phantom.
Many people have seen it, but none have
been able to corner it.
£gfc\ Young man,
1 wou ld give
JP \ ness for your-
est, energetic
jL!£Lj ° f y° uin y° u^
Look at us. We laid the foundation of our business in 1870;
we started in a small way, and by honest methods we have
succeeded. Today we can truthfully say that we have the
largest clothing business in Southern California.
We are always ahead in everything pertaining to our line.
We are the pioneers of fashions in this section, and nothing new
escapes our notice.
Look at our center show window, with its handsome display
of fine clothing for spring and summer wear. These goods are
made specially for us by the celebrated Stein, Block Co., whole
sale tailors. They are superior in make, style, fit and finish to
any other ready-made clothing, and positively equal to custom
We can fit in all sizes, the regular, the extra long and extra
large. Our styles are exclusive and our prices moderate.
We are closing out all fall and winter goods at great reduc
tions. Nothing reserved. A saving to you of 25 to 30 per cent.
128, 130, 132,134 N. SPRING STREET.
Union Labor Discriminated Against on
the World's Fair Hull dings.;
Pittsburg, Feb. 14.—1t having been
reported to "the council of the American
Federation of Labor that members of
labor unions are discriminated against
in employing laborers on the world's
fair buildings at Chicago, the council
hab instructed President Gompers to
write to the chief of the department of
construction to abate the evils com
plained of. In the event of refusal to
do so, Gompers iB empowered to call all
the labor organizations affiliated with
the federation to consider the advis
ability of withdrawing their patronage
from the world's fair.
Having a suspicion that the Nebraska
eight-hour law is being violated, the
secretary of the federation haa been in
structed to call on the Nebraska trade
organizations to furnish certified evi
dence as to such violations. If the evi
dence tends to show that the law is
violated the sum of $200,000 will be ap
propriated to prosecute offenders.
Colonel Hernandez Not Executed Yet.
Hard Times Disappearing.
City of Mexico, Feb. 14.—The su
preme court of military justice has
ordered tbe minister of war to have
Colonel Hernandez brought here to hear
ids appeal.
A prominent official here says, con
cerning the financial situation: "The
bad business from which the country
has been suffering, ia disappearing.
The drought which prevailed' in a few
states did not have ao serious an effect
on the federal resources as was feared.
With good mafiagement the coming
year will be as productive as last."
A Tanners' Trust.
Philadelphia, Feb. 14.—A morning
paper says a combination of English
capitalists, through an agent here, is at
tempting to form the tanners of the
United States into a trust. English tan
ners have already formed a syndicate
with $5,000,000 capital and desire to
form a similar combination among the
tanners here, offering as an inducement
to allow them to use the new process of
tanning by means of a liquid that prac
tically eliminates time from the opera
In the Sheriffs Hands.
Helena, Mont., Feb. 14. —The sheriff
took forcible poaeeasion last evening of
the atore of Greenhood, Bohn <& Co.,
who assigned earlier in the day. The
action waa tbe result of an attachment
obtained by the Merchants' National
bank. There is yet no official state
ment of the assets and liabilities. It
is now believed that the liabilities will
reach $300,000.
Angry Anarchists.
New York, Feb. 14.—At a meeting to
day of the New York federation of labor
it was reported that the Anarchists of
this city will hold a mass meeting Feb
ruary 19th to denounce the government
of Spain for executing the Anarchists at
M. De Lesseps Very HI.
Paris, Feb. 14. —M. De Leaseps is
critically ill, but hiß physicians'deny
that his condition ie hopeless.
Good.values in Fine Tailoring a Perfect
Fit, and a large New Stock at 125 W.
Third street. H. A. Getz.
Bpeclal attention given f> the performance of
all dentil operations in the eveuing by the use
of a Special System of Hlectrlc Ligtits. All
work guaranteed. Prices consistent with First
class work.
Office Hours—B a.m. lo 5d m. Evening
hours. 7 to 10 p.m.
DX. J. A. CRONKHITE Dentist,
1- 20 3m Corner Fifth street-
Rugs, Carpets,
Palace Embroideries,
Curios, Etc.,
Direct imported from Turkey,
At 10:30 a. m. and 2:00 p.m. sharp.
Do not miss this grand sale; big bargains in
Rugs the like yet never offered. No humbug
business at this auction. Every article put up
sold without reserve. Every person who haa
attended my sale can substantiate this fact.
2- 0 lot Auctioneers.
Second and Broadway.
We offer today :
Two valuable business corners on Broadway,
close in; prices are right.
Handsome new residence on Thirtieth street,
neur Fiaueroa. 8 rooms, $5500.
t>ox3oi) ft. lot on west side Figueroa, near
Adnms street; adjoins handsome residence; a
bargain at $4000.
Twenty acres in bearing navel oranges, near
Duarte, which will pay 20 per cent on price
asked This is something choice.
We have several good things to offer. list
your houses ' for rent" with us, the demand ex
ceeds the supply. 2-2 lm
St. Charles Building, 310 N. Main St.
This well-known Restaurant has passed into
the hands of Nicholas Mercadante, who will
hereafter conduct It. Everything neat and
attractive. Patrons will be served with the
bent the market affords at the most reasonable
prices. Give this restaurant a trial and yo«
will go nowhere else. 1-31 2m

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