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ZBcia. a Month fcqr ' Prepaid la AdriMMMfc No Papers) Set "Whtm Time J Out. ' ? ' .('" 'i -ThaJLCmt. JOURNAL. , $ ,. VOI6. V- -v"4 DAILY EDITION. SALEM, OREGON. TUESDAY, AUGUST 8, 1898. DAXLY EDITION. NO. 186. - 'ivjsw4 w 'A w Ir-- T", m A T raiwaA4ittL Jl 1 A. I j FOR SPOTM MM! Is thfc the way you have been buying your goods ? We have tried it for a year ana! a half in our business and it. has proved a decided success. WE BUY AND SELL FOR CASH ONLY. I ry this same method for yourself once. Buy from a cash store. Save the usual per centage added for bad accounts at a credit store, and you will bo happily surprised at the result. The New York Racket Offers you genuine bargains in BOOTS and SHOES, HATS, SHIRTS, HOSIERY, UNDERWEAR, TABLE LIN ENS, LACE 'CURTAINS, COUNTERPANES, and a general line of notions. Bring your cash and get full value for it. E. T. BARN Itate H. W. COTTLE & CO., . General1 Insurance Agency. r Representing the following well-known and reliable Cempanies: STATE INSURANCE CO., Etna Insurance Co., Traders' Insurance Co., Bun Insurance Co., National Insurance Co., Westchester KIre Ins. Co., Iilon Klre Insurance Co., Imperial Klre Iosuranoe Co., .London as Lancashire Fire lbs. Boa, London Assurance corporation, Alliance Assurance Co, Norwich Union Fire Ins.Soc. Oldest and Leading Firm In the City Devoted Exclusively to Insurance, J. W. TflORNBOKG, THE UPHOLSTERER. Recovers and repairs upholstered furniture. Long Experience in the trade enables me to turn out.flrst-class work. Samples of coverings. No trouble to give estimates. State Insurance block, Cbemekfcta street: Ed. C. WBMBmk CHURCHILL Spraying .offlffls, ss ' -f 'io3 BURROUGHS State Street. F. T. HART, 247 COMMERCIAL STREET. Lamoureux's Stables, At the Commercial street bridge near Willamette Hotel. New stock and ve hicles being added constantly. Only the best wrvlce rendered. No shabby rigs uor poor horses. H. L. LAMOUREUX, Proprietor. West Printing: Co., is voi a r anting vvijfcypQ.amj is propared to do bettor work than eyeri Counfcy orders .receive prompt at tention. f x 303 Commercial St., SMITH BROS., CONTRACTORS & PLASTERERS. Leaveorders atOottle-l'arfcbarstbloek.room 15, Huleni, Oregon. P. J. LAESEN" & CO., Manufacturer of Wagons, Car riages, etc Repairing Spvotalty. Shop 43 BLate street FARM. EOR SALE A BABaAIN-ltoacrMWlthlrnproTemenU orerbaif under cultivation, rot paluraod torn good Umber. Term WT jr. Aa dea - -. O. Ij. WASH, w-lnvdw? WnsaUaad, Or. E In Cross, s. Wholesale and Retail Dealer In Fresh, Salt and Smoked Meats or allHinds OS Court and 110 State Streets. Block. Choice Mea LEADING MERCHAN1 TAILOR. Balem, Oregon. MONEY TO LOAN On Improved Real Kitato. In amount and time to sulu Mo delay In oonilderlng loan. FEAR & FORD, Poora 12. BMb Bank block. 5 124 CflflS. WOLZ, Proprietor of the GERMAN :-: MARKET South OommercUl Ht, Silem. All kind Frcu,eaUaad Smoked Meat and Baa. FREE DELIVER. ABOUT LOSING ONE'S MIND. Sir. and Mr. Tonon Dlfcnt the Weak D(M(i of n Near Neighbor. "Seems to mo Mr. Salter's kinder givin out in his mi 1," said Mrs. Por 8on as sho looked out of tlio window and saw bor neighbor, Enocli Salter, walking briskly down tho road. "I dunno why you think so, mother," responded her husband. "Enoch stops ofFs smart as he over did, fur aa I kin see, and if you'd 'a' heard bun at town meetin jawin 'bout tho 6chool tax I reckon you'd think his mind was clear 'nough." Mrs. Por 6on kept on with her patchwork, and beyond a smile xpressivo of a fund of information upon the subject, made no response. Her husband watched her for a moment and then put down his pipe. "Land, Hannah, you're 'nough to try a saint. What's the matter of Uncle Enoch?:' ' "Well," replied his wife, "as 1 said, I think Mr. Saltter's mind is a-failin of him, an I hov my reasons fer so thinkin. Ee's allers been a fussy kind of a critter, wearin overshoes when 'twas so dry tho dust 'd blow, so I didn't tliink nuthin of his comin to the sosherbul last night with rub bers on. 'Twas a nice clear night, but we've been needin rain, so I jest thought p'raps Enoch see some signs of it." "I don't see nuthin great in that. He allers wears rubbers," remarked Mr. Porson, picking up his pipe. "You let me tell my story. As I said, I didn't givo no great weight to bis rubbers. I see him an Mis' Salter 8tartin fer homo, an they hadn't been gone long 'fore Enoch como rushin back. 'I've loft ono of my goloshes,' says he, 'an I dunno but what I've caught my death by it,' says he. "Well, wo all fell to and looked ov erywheres for his old rubber shoe, when all to onco Amelia Pike begun laughin, an says she, 'Uncle Enoch, you've got 'em both on one foot.' "An I vum if he hadn't. Hedidn't say much. Mrs. Salter would be anxious 'bout him, he said, an ho must hurry right home. That's the reason I said I thought his mind wa'n't jest what 'twas. A man that can wear two fleece lined rubber Bhoes on a hot July night and never know it why, .he ain't-to-boirolied on, 'cordon to' my way of lookin at it" Mr. Porson smoked thoughtfully for a .few minutes. "Well, I guess that ain't much of a test," said ho. "You're allers wearin two aprons to keep the calico skirt clean, an seems to me I've hearn you say you wear tho calico skirt over your gingham so's to save your gingham." "That's different," responded Mrs. Porson sharply. "May bo 'tis. An seems to me I've known you to carry round ono pair of your spec'B on your head an wear tho other. An onco I recollect 'bout your" "Hov you brought in tho kindlin, Nathan?" asked his wife. "I'm gointonow. I jest wanted to show you, Hannah, that forgetful ness wa'n't no sign of a weak mind. Now I might V forgot to bring in tho kindlin's, but 'twouldn'fcbo a Bjgn of my losin my memory, would it?" "I dunno as 'twould," replied Mrs. Porson, with a littlo chuckle, "but if you'd 'a' forgot an brought in two lots of kindlin's I declare to it I should been worried "bout you." Youth's Companion. Taper Carpet. This has been called a paper ago, and quite justly perhaps, when even cart wheels aro made from paper, but it was poverty and not scienco that led to tho following inventien: Carpets wore nooded and there was no monoy for their purchase, so tho pine floors bad tho cracks' filled with putty and every inequality leveled with tho plane. Common, stout ma nilla paper that coats but a few cents a pound was pasted down smoothly ; then a heavy, dark, inexpensive wall paper, conventional in design, was chosen and firmly pasted to the brown paper. When this was dry, it received a coat of sizing and then ono of floor varnish. Rugs were laid here and there, and although this was several years ago tho paper carpet, which receives a yearly coat of var nish, is still in good order. American Agriculturist. YOUNG WIVES W ctfar Toil a remtir vrhieh, it umI us directed, Insures stitty to lit of both mother Mad child. "MOTHER'S FRIEND" BoU confinement of lu Paix. Houox and Bum", a many uttilj, 'My w Med only two bottle of Mother PiUmd. SfcwaMjllyandqlfUyrtllvcl; JTb. Mobtox, lUxlow, N. 0. Bent byerurt, thxretdVituxM, on xttttt otvtioaglMiVtrUAXl. Book "To MoUxr" JMMCWMUJ9 MQULATO1 CO., gold by ! Srofcltu. ATUUrrx, 0. President's Message to Gpngress. mm TOE SITUATION a In a Cleafitand Comprehensive Manner. i STRONGLY PICTURES BUSINESS DISTRESS. ?ir Able PleaWAgainst Depreciated Currency. RECOMMENDSjEPEAL OF SHERMAN ACT. -t- Deruands Mopoy Universally HeC ognized iu Cirillzpd Countries. Tho Message In Congress. Washington, Aug. 8. After the morning routine both houses adjourned till 12:45. When the bouse reconvened tho president's message was read. The reading was listened to with Intense In terest and in dead slleuco. There were & number of broad smllea on the Re publican side at the presidents allu sion to tariff reform as a secondary1 Is me just at thia time. At tho conclusion if the reading of tbo message It web loudly applauded by the Democrats. The Message. WAsniNdTOHi D. C. Aug. 8. The existence of nrr nlnrming-and extraor dinary business situation involving the welfare and prosperity of all our people bus constrained me to call for an extra session of congress, that by a wise tud patriotic exercise of tbo legislative duty the present evils may bb mitigated and dangers threatening tbo future may be avoided. Our unfortunate fi nancial plight Is not the remit of untoward events nor conditions related to our natural resources, nor la It trace able lo any of tho uflllctlons which fre quently check national growth and prosperity. With plenteous crops, with abundant promise of remunerative pro duction and manufactures, with un usual invitation to safe Investment and with satisfactory assurance to business enterprise, suddenly financial distrust and fear have sprung up on every Bide. Values supposed to bo fixed, are fast becoming conjectural, and loss and failure have Invaded every branch of business. I believe these things are principally chargeable to legislation touching the purchase and coin age of silver by the general governomnt. Undoubtedly the monthly purchases by the government of ftiur million five hundred thousand ounces of silver, forced under statute, were regarded by tboeo Interested in silver production as certain guaranty of Its increase In price. Th - lesult, however, boa been entirely different, Thlsdlsappolntlug result bos led to re newed and penUtaut etlort in tbo di rection of free silver coinage. Mean while not only are evil eflucU of the operation ot the present law constantly accumulating, but the result to which IU execution must Inevitably lead, is becoming palpable to all who give the least heed to tha financial subject. TUB "POLICY" CLAUSE. This law provides that In payment for four million live hundred thousand ounces of silver bullion, which the sec retary of the treasury was commanded to purchase monthly, there shall be If tued treasury notee redeemable on de mand lu gold or silver coin, at tne dis cretion of the secretary of the treasury, tod that said notea may be reissued, (t Is, however, declared In the act, to be "the established policy of the United titates, to maintain the two metals uj on a parity with each other upon tho present legal ratio or such as may be provided by law." This declaration so controls tbo act ion of the secretary of tho treasury ns to preveut his exorcising the discretion nominally vested In him, If by such action a parity between gold and silver may be disturbed. Manifestly a refasal by tho secretary to pay these treasury notes In gold, if demanded, would nee essarilly result la their discredit and depreolatson as obligations payable only In silver, and would destroy the parity between the two metals by es tablishing a discrimination in favor of gold. TUB BONO QlTaSTtON. Unless government bonds are to be constantly Issued and sold to replenish our exhausted gold, only to be agalu exhausted, it Is apparent that the op eration of tho silver purchase law now In force, leads in the direction of entiro substitution of silver for trold In tho government treasury and that this must be followed by payment of all government obligations In depreciated silver. At this atago gold and silver must part company and tho govern meqt must fall In Its established policy to maintain two metals on a parity with eaoh other. DEPKEOIATKD CURRENCY. Given over to the exclusive use of currency greatly depredated according to the standard of the commercial world, we could no longer claim a place among nations of the first class, nor could our government claim perform ance of its obligations, so far as such obligation has been imposed upon it, to provide for use of the people the best and safest money. If, as many of Its friends claim, silver ought to occupy a larger place la our currency and the currency of the world, through Kreat International cooperation and agree-:menr;lti'obvioS'tW-UBlted States will not bo in a position to gain a hear ing in favor of auoh an arrangement, so long aa we are willing to oontlnue our attempt to accomplish the result single banded. A SOUND CURRENCY. Possibly If the undertaking webavo In hand, the maintatneuco of specific knowa quantity ot silver at a parity with gold, our ability to do so might be estimated and gauged and perhaps In view of our unparalelled growth and resources, might be favorably passed upon, But when our avowed endeavor Is to maintain such parity In regard to the amount of silver Increasing at the rate of fifty millions dollars yearly, with no fixed termination to suoh In crease, It can hardly be said that a problem is presented whose solution is free from doubt. The people of the United States are entitled to sound, stable currency and to money recog nized aa such on every exchange and In every market of tho world. HITS TUE QREEMBACKER. Their government has no right to In jure them by financial experiments op posed to polloy and practice of other civilized states, nor is It Justified In permitting an exaggerated and unrea sonable reliance on our national strength and ability to eopardlzo tbo soundness of the people's money. ABOVE l'ARTY. This matter rUes above the plane of party politics. It vitally concerns ev ery buslnsas and calling and enters ev ery household la the land. There la one Important aspect of the subject which especially should never be over looked. At time like tbo present, when evil of unsound finance threaten us, the speculator may anticipate tha harvest gathered from the misfortune of other, u capitalist may protect him self by boarding or may eyea And pro fit In the fluctuation of values, but tha wage earner la tbe Ant to be injured by a depreciated currency and last te recelvo the benefit of lis correction. lie (s ptactlcally defenetleaa. He relies for work upon the ventures of confi dent and contented capital. This fall ing him, his condition Is without al leviation, for he can aeltbar prey oa Highest of all in Leavening Power. Latest U. S. Gov't Report. RoYal J&&ZSZ ABSOLUTELY PURE the misfortunes of others, nor hoard hla labor. THE CRISIS. It may be truo that the embarrass ments from which the business of the country is suflerlng arise as much from evils apprehended as from those actual ly existing. We may hope too, that calm counsels will prevail and that neither capitalists or wage earners will give way to unreasoning panic, and sac rifice their property or their Interests under influence of exaggerated fears. Nevertheless, every day's delay In re moving ono oflhe plain and principal causes of tho present state of things en larges the mischief alrondy done and Increases the responsibility of tbe gov ernment for it existence.. Whatever else people havo a right to expeot from congress, thoy may certainly demand that legislation condemned by tho or deal of three years disastrous experi ence shall be removed, from the statute books as soon as their representatives can legitimately deal with It. TUB CONCLUSION. In conclusion the Freaideut says: It was my purpose to summon congress in1 special session early in the coming September, that we might enter promptly upon tbo work of tariff re form which the truo interest of the country clearly demands, which so large a majority of the people aa shown by thelr-suffragea desire" and expect', and to tho accomplishment of which every effort of tho present administra tion Is pledged. But while tnrlil reform has lost nothing otlta Immediate' and permanent Importance and must In the near future engage tho attention of con gress it has seemed to mo that the fi nanclal condition of tho couutry should at once, and before all other subjects, be considered by your honorable body. I earnestly recom mend a prompt repeal of tho provla Ions of the act passed July 14th, 'DO, authorizing tho purchase of silver bul lion, and that other legislative action may put beyond all doubt or mlstrke the Intention and ability of tbo gov mont to fulfill Its pecuniary obligations in money universally recognized by all civilized countries. Up la Arms. Caddo, 1. T., Aug. 8. Nowa Irom Cedar county, where Governor Joues removed county Judge and sheriff, an nounces that the ousted Judge has been murdered and tho whole country is In arms. The Flaaacial Debate. Washington, Aug. 8. Indications are that a financial fight In congress will begin at once and be fought to a finish. Negotiations already show near ly twn thirds of tho house favor the question being settled In a committee of tho whole without reference to any committee. Both sides are of tbe opinion that tbo voto can be reached lu two weeks, after tbo debate has be gun. Among many compromises that will be proosed, Is one by Bunk bead, of Alabama, for a suspen sion of tbe Sherman act till the esd ot tbo present year, and authoriz ing banks to Increase circulation to par for their bond. As a result of cany as ses, frteuds of unconditional repeal of the purchasing clause of the Sherman act, are a good deal more confident that they will carry the point, it looks like a majority for It la both houses, though It will not be put through without a hard fight. Senator Carey, of Wyom ing, surprised hi silver friends by com ing out Mat-footed la favor of repeal. Silver la tan SeaaU. Washinoton, Aug. 8. In the sen ate today a rwolullou for a vote on tha repeal of the sliver purchase on tbe 22 last was Introduced. Tho faowetook ap tbe Michigan electioa case. Baking Povder TEE MASKETS. San Francisco, December, $1.23g. I1.13J. Chicago, Aug. 8 temberSOJ. Aug 8. Wheat, Boiler 03; new -Cash, fi8i; Sep- Portland, Aug. 8. Wheat valley, 1.05, Walla Walla 05; Dee. $1,213. Business Suspended. St. Louis, Aug. 8. The Phoenix Powder Mills exploded today. Two killed and several Injured. Quarter Million Idle. Chicago, Ills., Aug. 8. In an ad dress of welcome to the military sur geons or the United States, In the an nual convention today, Mayor Harri son declared there were 250,000 Idle men In tbo city, and unless congress Klves the couutry money, there will be such riots bore as will shake the coun try. H on-Partisan Finance. WASuiNaTON, Aug. 8. The extra seeelon of congress Is of special interest, because for tbe first time in a third of a century the Democratlo party Is In Con trol in all departments, and because tbe national legislature Is convened to deal with one of tbe gravest questions which has confronted the nation since tho civil war. While tho responsibility for tbe results rests on the Democrat, it is also true the questions at Issue will not be fought out on strict party lines, as the parties are devided on It geo graphically rather than politically. The anomaly Is shown of men on each eldo of tho free-col nngo proposition In tho ranks of Democrats, Republi cans, Populists, and Ureeubackers alike. This Is a fruitful theme of discussion wbllo tbe mumpers aro assembling, uud thero aro many congratulations that the fight had been taken out of tho domain of rigid party politics, with a likelihood that It will be dlscuseed more nearly In the light of pure reasou. EFFECTS OK STOCKS BAD. Sut Business Men apd Bankers Like the Message. New York, Aug. 8. Immediately after tho the president's message reached Wall street a drive was made against the whole stock market. It la an old device with the bears to sell on a piece of bullish Information to kill Its effuot. It proved successful once more, and some long stock was sold by holders who had not tlmo to read the message and concluded from the drop in prices that the document was disappointing. As a matter of fact however, It fully met the expectations of leading bank ers and conservative Wall Street bouses who havo been most desirous that sil ver legislation should tako precedence of every thing else, and that congress should adjourn as speedily as possible after repealing tbe Sherman silver law. Tbe Industrials bore tho blunt of tbe attack and fell 8 to 4. Railway and other stocks deel I ucd to 1. ALL THE 10MFMTS m NOME Includes the great temperance drink iHires'gSJ .It gives New Life to the Old Polks, i k measure to the Parents, Health to. the emiamj. . Sao tt H-i4 AHtfc time.. A o'-ntnulLinmakttf'inSal k " "w f Z - . TWer jbbISM gidlwu. !Uuruidf-t LT Una. S Wii E. M. WAIT! PRINTING CO., BOOK AND JOB PRINTERS AV Legal Blank publisher, UuU New Mrlfk.ovr th bask, Cow') MK