Natchitoches populist. [volume], May 27, 1898, Image 1

About Natchitoches populist. [volume] (Natchitoches, La.) 1898-1899

Image provided by: Louisiana State University; Baton Rouge, LA

                
N ATCHITOCHES POPULIST
ubseoription $1.00 Per Year. Thbitrb is No Free Country, Unless the Peopl Rule Price Cents.
VOL. IV NATCHITOCHES, LA, MAY 27. 1898. N
MOST VITA!' ISSUE.
THE AMERICAN PEOPLE MUST
UNDERSTAND IT.
We Have Grown Blch and Prosperoas
In Spite of the Worst Money SB3tent
rver Devised but We Can't Uo
On.
Nothing is more important at this
juncture of our affairs than a correct
understanding of the elementary prin
ciples of monetary science. We are
now at a turning point in our history
where action must be taken, and a
mistake now made will be fruitful of
evil- in future years. Just such a Case
occurred when congress in changing
the ratio of our coinage in 1834-87 in
stead ,of making it conform to the
Preneh ratio of ,15/ to 1, which jire
domitiated in Europe, changed ours
from 15 to 16 to 1. It was a mistake
which has been felt for a half ctn
turyy Now, when there is a public de
mnad `for a fixed policy and a sound
eulney, & large and Crowing body Of
the peiople demnanid, with elery
shtiw of reason on their side, that the
cr6ation of money, being a sovereign
power, its issue is a sovereign right to
be exercised by the government only;
while another, less numerous but more
powerful in wealth and privilege, in
df~i that the government shall dele
a,its powers in this important mat
ter- private corporations, and still an
oth body of men actually wish to
has the old system of state banks of
's ae revived. The latter appear to be
,tt i'y  umiidful of the lessons of the
Ou it pOntry has grown great, pow
d rich, in spite of the tmoot
cat system ever devised by
F t mnai-i system whith has
the 0 dotry with periodical
o destructive than warfrare,
S'wreck and ruW its tens of
iv ac case--and ;yet the
y i nett. and rsonperated,
e quickly forget, and go
'tes.ame ruinous policy.
t P ot dos for nations
: -a wiet nad wealthy
std. i tterly+ Ignore
1 p hs~ a is not crp4table
t·M a hyet:ry:n: y ywrho
-_ ax.atas that
tieow iar reviving
_,_. lt' tear #'
It will certainly bring great evils
upon the country, for it involves the
power to leguitte its value by the iiP
flation or the contraCtion Of the vol
ume, as private interest or greed may
dictate.
It is a matter of momentous import
to our country, and Should be well con
sidered. tJhdbr sUch a syBtem, it is an
east mattef to show How a transfer at
the great bulk of wealth of the boun
try can be successfully transferred to
the possession of a few. That process
has in all conscience proceeded fast
enough without any such fictitious aid.
It is best to call a halt, before we reaeh
the precipice,
We have had the use of a large ~ai
time Of nationhal monety-not large
enbugh it is trite, but bti enough tb show
the Ameii'ctaf pebple iti economic
value, ahd tb establish a regird far it
as the best nioney iii our couiitry, for
mniilt yearl. Costless and sife, it has
stood the test untli its an object lesson
it thlraten~d th-"'vamipire"-gold,
then it wais matrkd~ for destruction.
That question is now faiiily before the
people. Will they surrender their sov
erbigfi pbwer? The edict has gone
fortli that the greenbacks must go, and
the monopoly value of gdjid hO id
creased and perpetuated. Then what?
The transformation of our government
into a plutocratic form, pure and sim
ple. A powerful party, with unlimited
wealth behind it, stands committed to
that policy, though there are millions
of its supporters heretofore who will
not follow it on that line now. Suppose
that the United States were to become'
involved in a foreign war, asld needinig
money should adopt the policy Of i'
suing paper certificates' which stated
on their face that they wottild :b re
cOivod at their face value for all dices
and debts to the United states, With
an absolute daily dbmand by the gov
ernment for money to meet its enor-;
mons, expenditure daily, and never
ceasing, with unlimited power cf taxa
tion, what money could be better than
the people's own?
We are not raising the question of
quantity at all, but of quality. Incom
parably better than any bank) issue, na.
tional or private, would be the same
quantitty of? national paper eOrtificates,
the demand for which would be cte-ai
liss and limited only by th) tatOs
levied by the represe~tatitel Of thb
people.r lit reasonaple to sttppose that.
the power to coin paper money is mere
ly a war power? 'T'lit a great people
.ma~ to conquct carnage on the field of
ibattle s such power, and yet not
theritt~o ipbmpte the arts of peace, or:
to avert calamities worse than
M ºop. the 'grept instrument of asso
citoti, ,i; saltial to our civilization.
; rdit..ppllances can be made, and are
-made flexible; but the volume of money
uipon whlch b relitapplkmnces are based,.
sbuld be tdi,~;aid provided bg laW,
idsi by tile sovereign power.
't l lst seeis that somn people
thuiikthat e w6rld was mnad . ftor
co6pon clippers, and that the chief end
of stan is to minet interests on bonded
debt: , p ich people do not consider
that frtm industry, promotedby a sue
ficIti upply of money, all payments
zipu ~ ~4 o " e atd that hard tjmes,
dina by a (ontracted volume of
-1i 8 arOt conducivp to the just
p4Ywat of debts, ieoided or otherwise.
ItiMofs~ o Zmuias from low prices as
ep *prIces that the Pworl4 has
,e 1. Whetr prices are tending
b lr obody *$1 Invest money
!have give ,a mooolOpO) y value, to
4 ther a general want of
.lb a l0h t money etisting,
ti ke fb, ~lbt . formj a of prop
~ouMtute, mthe *ealth of
)tlfl to te m (uae, ex
1h tet t n 1br. crgait
::*toe4te-,but a return
1 snthe  aleu of that
t dbthe restorrtlqn
·~:lpi05t rQ`s
.6ii s the.~ l~~a
cit I~~f
:t @481r
FIRST PRINCIPLES.
TrwO 6REAf HI4,TORIANS ON
MONETARY SCIENOf~
Hume and Alison Knew That the Quantity
of Money Controls Prices-What
Theb Said of CEontraction and Ex
stadiloib
The fame of the great historiahn Mfid
philosophers, David Hume and Sif
Archibald Alison, is world-wide and
will be familiar to the people as long
ds Sfif ridord of modern civilization
teniiins: `hey were b1dth distinguish
6d Wfitefs in political eesneiiy as *W11
as great, ttuthriifl iid philiosoplii his
torians. ijuine said ~iMOi aig d een
turf ago:
"We find that in every kingdomii iilt6
which moiiey beind tb flow in greater
abundance than brimt)I, Everything
takes a new face; labor nrd |fH#ti'
ath life; the merchant becomes mior6
biterprisig;i the manufacturer be
comes rmore diligent and skillful; Oven
the farmer follows his plo' *ttit great
er. alabrity and, attention. A nitf~i
whose money decreases is, at times,
weaker and more miserable than an
other nation which possesses no more
money, but is on .the increasing hand.
Falling prices and nihlery and destruc
tion are inseparable companii6if: The
disasters of the dark ages were cauisie
by decreasing money and falling prices.
With the increase of money, labor and
industry gather new life."
Sir Archibald Alison had been en
gaged for many years on a history of
IdUropd, Whe6 in 1816 falling prices oc
b~sloiied by the lbnibh-American
ware~ Which eiit dff tild iiplilY of gold
and silvet troti Mexied and 80lth
Ainerica; Caised hir t i Buspei4d his
hittdriaal labors, AMys tha $fier
knight-Watthiian: 1.e then devited
himself fof thiftjr-lyi years to the dis
cussion of the tariff, ýinkilig; ind
every other economic device to itch
the genius of man resorts to aveft tiid
inevitable calamities which always fol
low a shrinking volume of the legal
tender money. In 181~ after the gold
from California and Australia had re
lieved the universal distress which a
shrinking volume of money had pro
duaed and substituted hope, prosperity
and prki'~tas fof deiair, want and mis
eij, ,he renewed his historical labors
to rro&i id the pheidinen~l which the
gold froth Califtrnlri and A#strilfia Pt
duied,. I i the full glare of the woni
derful light which was shed upoil
eponomic questions by such a change
of monetary conditions as was produc
ed by the neck dimcoveries, Sir Archi
bald Alison, ~ a flil6Opher and his
torian" said:
"The two greateilt events that liaii
occurred in the hisitory of mankind
have been directly 'brought about by a
contraction and, on the other hand, an
expansion of the citulating medium of.
society.
"The fall. fdt the Rfoman Empire, so
long aigribed, in ignorance, to slavery,
egotism, and moral cornruption, war, In
reality, brought about'by a- decline in
the silver and gold mines of Spain .and
Greece. And, as if Providence had in
tended to reveal, in the clearesti man
ner, the influence of this nflghty agent
on htunan affairs, the 'sjurrectidn oof
mankind frqn the ruin w~lch. those
causes had -produced was owing to a
directly'opposLite set of agencies being
put in operation.
"COdliumibus led the way in the career
of renovation, When he spread his
sails heroas the Atl:antetc, he bore man
kind nnd its fortunes in hisbark. The.
annald supply of )the precious metals
for the ose of the' globe tas tripled.
Before a century' had expired, the price
of every species of produce was quad
rupl9. The weight of debt- and tales
ineeisibly wore off under the influence
of thft prodigiiuas acrease.
" li the' renovation of industry, the
relations of society were.changed, the
weiglt of feudailsti cast off, the rights
of rta established; Among the many
onch~ ent causes which conspired to
bring aboutthis mighty consummation,
the moat importaitt, though hitherto
thea least observed was the discovery
of M~xlco and PerBly
"Ifi the circulatihg mediuam of the
globe had remained stationary, or de
ctbis. as It was from 1815 to 1849,
frothie effectO of the South American
revflat~io2 and English lhgslatiohb, the
* * fate whhb Coiushed Roime
in: atLied t, ail-d has all -:.but crushed
Great lItitr in u nodern, timesfw;ould
hale 1en that of he wbhole family of
minankind.
0All these evils ihave been entirely
obviated; and an-opposite set of bless
lngs ntraodeced, by the opening of the
gra trea:itrea s of liuature in' California
eand warskais"
Twov otet .a Z': 4
There will be i w.-Ir an
hi oisand money se( om
secet ~o~at wol4 t~tt~th6
FROM OUR FIELD MA§fiHAM~
A junta of Mark Hanna's self-styled
Populist reconcentradoes are keeping
themselves busy trying to break up the
triple alliance. They are just now in
dustridousi circullating stories to the
effect that Charinmtl Jones once intro
duced a bill with the purpose of retir
ing the greenbacks. At the same fthe
they neglect to state that Mr. Jones'
bill, as written by himself, replaced
the greenbacks with a form of paper
fiiiiey wholly free from the exception
clause that has of late years made
greenbacks a banlkets money instead
of people's money. Summed up, Bena
tor Jones bill, had it been paefed,
would have given us free silver coin
age, free gold coinage and a paper
moriey that would exchange for either
at Qd optiOn of the government,
cleerly S paper money that would cir
culate foi etefliity without redemption
and at 6t6e same time would put an
oid to bond issues of any kind. No
fieaA*fe evef met with such solid op
positiof iros Wall street. Simul
taneously it has been endorsed alike by
Populists and ty Democrats and by Sil
v-# Republicans. If there is anything
need@&~ temb~t the triple alliance we
know of nothiit that will do the work
to better advantage than agitation over
this same bill.
Populists, Democrats and Silver Re
fiikibhas; through the good offices of
the chRiffiefi O~ they respective national
committees, ha$fE agreed on fusion in
Oregon. Populist jlrty game goes on
the official ballot. DemocCats and Sil
ver Republicans will vote tell ticket
straight. Ample representation is
given men of all parties as to places to
be contested for. Chairman Jones of
the Democratic national committee, has
isiied a special address, clearly show
i1* *11y Aueh fusion is necessary. The
more we tdad this address the more we
are e6nt'ihied that a "square deal" is
go.lhg to be the order all along the line
ifrdif So* on till 1900. The people of
the U~nitd States will hear the first
gun fired by the triple alliance in Ore
gon in June next.
POINTS FROM 'tHE PRESS~
The railrcads in Michigan have
placed a boycott on all papers that
print anythipg favorable to Pinglee.
No passes, no usual favors for the
papers that print anything .he says.
The railroads want a free press, you
know. They believe in free speech!
They do not want to control what the
people read, of course notl-Appeal to
Reason.
Peopi of all classes and parties have
come t0 think that laws are constitu
tional or unco;p5titutional according t
their political significance and the po
litical complexion of the courts.--South
Bend (Wash.) Pilot.
The Call "ia not pieS? why the re=
suit was diftei4ent this s ear" with the
Loud bill, defeated by 162 to 119, from
its passage by the house last year by
144. to 104. We are "clear;'" it was be
cause they "heard something drop."-+
Star.
Half. a million peacable peasants
have been cruelly murdered, and
AmerlCans have' been 'tortured and
butchered, or massacred in the Maine.
in order that trust profits should oat'
be disturbed. Mr. Rockefeller and Mr..
McKinley are both godly men!-Wash
ington Times.
Municipal ownership of public utill
ties, such as gas, water, electric light
ing, street railways, etc., is having an
excellent ventilation in the press and
periodical literature, as wll as in pub
le disoussions. In a few 'years we will
wonder how we managed 'to wory
along, without it.-Danbury (Conn.)
American Freeman..
If this country had given due notice
to Spain that the strife in Cuba must
stop, it would have beeokn stopped. The
wabbling and cowardly cqurse of this
;country has been interpreted by Spain
to mean that this country does not dare
f~it.-Cleveland Recorder. .
If War sheuld be deciatsred against
Spain just watch aid see the number
of darn, ools there are who did not
hrave courage enougl to vote for their
-tberty, but wil go anywhere to kill
some other wotkingman because he is
as unfortunate and as big a .tool.
Whilebeth-wtil pay taxes for the prlv
ilege of doing 'o.--Spokane Freeman's
Joumnal.
hati the bankrqpat$ bill was framed
to benefit creditore, and not to relieve
Ideto~ri, as proved by Senator Butler
in the senate last week, when he ,had
read letters and petitions, cooked u byr
New dusiness houses and air'
e athe westanld souith by their
trvUi* u~e,.Mkjing for it~~t~rSiepasg
L-'--4gver Knaright'pWataimn
CANDY
CATHARTIC
CURE CONSTIPATION
s5~ DRUGGAL~I
250c . DRUGGISTSJ
NATCHITOCHES DIRECTORY.
CEURCH SERVICES.
Services at the Methodist church
every First and Third Bundays at 11
a. m. and 7:30 p. m., by the pastor,
Rev. H. Armstrong. Prayer meeting
every Wednesday night at 7:30 o'clock.
BAPTIST-M. E. Weaver, pastor.
Regular services, Second and Fourth
Sundays at 11 a. m. and 8 p. m.; Sun
day school, 10 a. mi.; prayer meeting,
Wednesday, 8 p. m. All invited.
LODGES.
Phoenix Lodge No. 38, A. F. & A.
M.-Bimooe Walmsley, W. M.; J. C.
Triohel Jr., See. Meets Ffrst aud
Third Wednesdays at 7 p. m.
Castle Hall No. 89, Knights of Pythb
ias.--U. P. Breazeale, C. 0.; Adolk
L'Herieson, K. of B. & S. Meets
Second and Fourth Thursdays at 8
p. m.
COUtRTS.
DISTRICT COURT.
Criminal Term--First Mondays in
June and December.
CIVIL TNBI.
First Mondays in March and Octo
ber.
CIRCUIT COURT.
First Mondays in April and Novem
ber.
A. B. Lazn. J. B. Tma n.
L[MIE & TUCKER,
General Insurance, La Agents, Notaries P I .
ABSTJIACTS OF TITLES A SPECIALTY.
Represent FIDELITY COMPANIES. nOpta . o*, * . our ,n a.1...:
;Office, Opposite Court House.
Established hl 1889
General Ingrurance Agenty
U. P. BREAZEALE,
* [Successor to Alexander, Hill & Breaseale.]
Represents First-Class Companies in Life and Fire Insuran .
Representing als' the United States Fidelity & Guaranty Compayi, "
`of Baltimore, for Bonds and Securities.
Prompt Attention to Business. :: Country Business a Specliaty .,
Office on St. Dennis Street, NATCHITOCHES, LA.
Call on me before polning your Inulranoe IElsewhOrte..
U. P. Breazeal,.
LOUISIlN4,§
STATE NOR.L SCIOQ..
Natobitoches, La. . !,
M "AINTAINED by the State of Louisiana for the training of iteacihr 
Affords thorouigh preparation for the profession of teach.i ; full
course of academio study; practical training in the art of teehblilg;
one: year of daily praitioe in model schools, under guidance of skilled traing g
teaohers. Class work exemplifies the best of modern thought in matter and
maethod of instruition. Diploma entitles graduate to teach in any public
school in Louisianas without examination.
Four large buildings, thoroughly equipped; beautiful grounds of one
hundred sores; most healthful location in the touth. Faculty of Alfteen
trained instructors; 482 students last year. Tuition free to students who
teach one year after graduation; total necessary expense for session of eight
monthse 1i0.00.
Thirteenth annual session began October 4, 1897.
For catalogue write to
B, 7. CALD WELL, President,.
Joti , TurM as, Prgeident. D. O. SoAusonouou, BooretaJ .
Jomi A. BEaLOW, Treaurer su d General Manager.
GIVANOVICH OIL CO.,
LIMITED
.,aMnlufaoturers and Dealertih al t kiy ...
11"^ ZTOO 'r. :;.
Dr. C. Scaborough. H. M.Carv er
SCARBOROUGH & CARVER,
ATToR1nYs AT LAw,'
NATCHITOCHES, - LOUISIANA,
Will practice in the District Courts in
the Parishes of Natcbitoches, Bed
River and Sabine, and in the Supreme
Court of Louisianu, and the U. S. Dias
triet azd Circuit Courts for the West.
ern District of Louisiana. 1 17 ly.
C. H. PROTHRO,
PHYSICIAN AND SURGEON.
NATCHITOCHES, - LOUISIANA.
Diseases of Women and
Children a Specialty.
Office on St. Dennis Street.
617 ly
SiMUEL J. lENRY,.
A'roaarx AT LAW,
NATOHITOCHES, LOUIBIIAXA,
Will practice in all the State asd Fed,
eraml Courts.