Norwalk Chronicler

Evening sentinel, Tuesday, January 29, 1895 · page 2

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n / p pages
 

 
 
 
 
 
 

now located in my new
and cordially invite you
' callandseeme. I shall take
in showing you my
. . _ whether you wish to buy

no? I am receiving abour
. shipments of new goods

"week. My stock for the
trade will be double any-
I have ever shown you.

goods. My connection
the miufacturers anarch-
. ties for buying, not en-
" ed by any dealer in this sec-
fi‘t‘n of the state.
Painted Supplies, Artiste’
‘ = ' Glass. etc.
per Hanging a’dfi
- decorating, by competent men
, rely.

E. E. Gorham,

loner First Are. and New 8t
EAST NORWALK

 

r

o_._.

I

PEAT Miss,

The greatzGermai stable
bedding. No more stall
laundered horses, no more
scratches. By reason of
the great absorbing quali’
rtluoitha bedding, there

” “i no stable loder.

 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 
 

Us .0 null “to. .

 
 
 

 
 

 
 
 
 
 
 
 

II‘I. I6 rue.
Mora, 430 title Street.
Aw a "it ~'

‘wm

11cm mm cm»

«W

the We “acacia! Macada-
uo-s A:- no” two» sum or new
enda- at Washingtmltepahlnau not?
the m of Power.

WADBMTOX. Jen. lili.-—-'i'i:a drancia’
question and the president‘ a sperm] me:
use on that subject monepoiiue discus
sion. public and private. «xi-y.

There is seine dcu whether the house
committee on bankl g and currency will
agree torsporttothe house today the bond
bill which was introduced by Chairman
Springer to carry into client the recom-
mendations of the president‘s message.
The Democrats of the committee are di—
vided in their view‘s on all financial logic
lation, and some of them are irrevocably
upper-ed to bond issues.

One member who favors the prrsldent’ 1
plan says that he does not believe more
than four a live Democrats on the com
mittee will vote for it. The balance at
pawn accordingly rests with the Repub-
licans in the committee. as it does in the
house. _

Chairman Springer believes that the Re
publicana will vote to report the bill and
will ald the Democrats in the house to
pass it. Representative iiitt, one of the
Republican leaders. says that his party is
for the bill by a majority of m to l.

The president's message was as follows:

The President's Message.

“To the Senate and House of Representa—
time:

“in my last annual message 1 com-
mended to the serious consideration of the
congress tho condition of our national
finances, and in connection with the sub
jcot indented the plan of currency logisla
tiou which at that time seemed to furnish
protection against impending (longer.
This plan has not been approved by the
congress. in the meantime the situation
has so changed and tho amorpenry now
appears so threatening that l doom it my
duty to ask at the hands of the legislative
branch of the government such prompt
and otloctive action as will restore conll~
dance in our financial soundness and overt
business disaster and universal dislm
among our people.

"Whatever may be the merits of the
plan outlined in my annual message as a
remedy for ills than existing and as a
safeguard against the depletion of the gold
reserve then in the treasury. l am now
convinced that its mention by the can-
gross and our present advanced stage of
financial perplcxlty necessitates additional
or different legislation.

“The real tronhie which confronts us
consists in a lack of confidence widespread
and constantly increasing in the continn.
ins ability or disposition of the govern
ment to pay its obligations in gold. This
lack of confidence grows to some extent
out of the palpable and apparent embar-
rassment attending the efforts oi the gov-
ernment under existing laws to procure

gold and to a great extent out of the im-
possibility of either keeping it in the treas-
ury or canceling obligations by its ex-
penditure alter it is obtained.

The Present Irrawlrwck.

“The only way left open to the govern
ment for procuring gold is by the issue
and min of its bomb; The only bonds that
can be so issued were authorized nearly 25
years ago and are not well calculated to
meet our present needs. A menu other die-
advnulnucs they are made payable in coin
instead of specifically in gold which in ex-

istinu conditions iii-tracts largely and in
an increasing ratio from their desirability
as lnveumvnts. it is by no 1111111113 certain
that bonds of this description can much
longer be disposed of at a price creditable
to the financial character of our govern-
ment. The most dangerous and irritating
feature of the situation. however, remains
to be mentioned. it is found in the means
by which the trumury is livspoilvd of the
gold thus obtained without canceling a
single uorornun-nt obligation and solely
for the benefit of those who iind prullt in
shipping it abroad or whmo foam induce
them to board it at homo. We have out-
atandiug almut Killinllilihlllhl of currency
notes of the government. for which acid
may he demanded. and curiously enough
tho law require-1 that when presented. and,
in iact. mieomcui and paid in gold. they
shall he reissued. Thus the some notes
may do duty many times in drawing gold
from the treauury. nor can the process be
arrested a long as private parties for profit
or otherwise see an advantagein repeating
the omratiun. More than (1300.000. 000 in
these notes have already been rode-nixed in
gold. and notwltli-‘tandlnu such redvrnp-
tiou they are all still contending. Since
the 17th day of January. Hull. our lmnded
interest bearing debt has been increased
a1110,1»m.uou. for the purpose of obtaining
gold to repleniah our coin reserve. Two in
sues wnm luado. amounting to tr.o,uo>.ooo
each—«one in January and the other in No
vernbor. As a result of the llrst inane there
was mum mtncthlug more than 0.30,-
0011,0110 in gold.

W Md Ilene.

" liatween that issue and the sucrmdlng
one in November. comprising a period of
about ten months. newly Monument) in
gold were drawn from the treasury. This
made the mood issue command upon
that man than ”3,000,000 in gold was
again railimi. Between the date of this

second issue and the present time. awning
a period of only about two months. more
than the con, out) in gold have been drawn
from the tmury. ’l‘heac lam sums of
gold were up: nderi without any cancella'
tion at mornmeut obligatimi or in any
permanent way lwnefltinu our people or
improving our pecuniary situation.

”The financial «enact the wt year
nap-st tact- and conditions which should
Willi] arrest attention

“Here they "72,000.01” in gold have
been drawn out at the treasury during the
year for the purpoeeof shipment abroad or
hoarding at home.

“While nearly “dammit of this
amount were drawn cuI during the first
ten months of the mm a sum lamina;
morn than twothirds of that amount. be
in. about ”9.000.000. was drawn out
during the [allowing two months. thus
indicating awlfmmderatle‘; at the
depleting W w t lapse Glue.

“obligations upon which this gold
has has drawn fans the treasury.» still

I

 

 
 

; dcrstnnd that the real friends of silver dc-

 

MW MWQ‘W mild”

Wtyeadtcilmciai to
to those at our people whom
meat as a means or “16%.. and“ in
those whose only capital is thef'rdoilylo-

W .

‘ ‘lt will hardly do to say theta e’llrple
lacrosse o! revenup will cure W bits
The apprehension now existing and eco-
stsntly immune as to our alumni 11:11
ity does not rest upon a calculation of our
revenue. The time has passed when the
oycml investors abroad and our people at
home were tired upon the revenues at the
government. Changed conditions have an
treated uni» attention to the guide! the
government. There need be no leer that
we cannot pay our current expenses with
such money as we have. There is now in
.thc trnosury a comfortable surpluso! more
than “3,000,000. but it is not in acid. and
therefore does not meet our diillculty.

A “'orri to Sliverilcs.

“1 co! m: t 1, cc lhnt ditlcrcnccs of opinion;
concerning the extent to which sliver
ought to lo coined or used in our our-
rency should interior» with the counsel:
of those whose duty it is to rutliy evils'
now apparent in our financial situation.
They have to consider the question of na-
tional credit and the conserwencca that
will fall from its collapse. Whatever ideosv
may he insisted upon as to silvcror bi:
metalliruu, a proper solution of the ques-
tion now pressing upon us only requires
a recognition of cold as well as silver and:
a concession of its importance. rightfully
or wrongluily acquired. as a basis of nor
tionnl credit. a necessity in the honorable
discharge 0! our obligations, payable in
gold. and a badge of solvency. i do not un-

 
 
 
 
 
 
 
 
 

l

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

siren condition that might lollow inac-
tion or neglect to appreciate the meaning.
of the prompt exluuncy if it should result‘
in the entire banishment of gold from our ‘
financial and cum icy arrangements.

“ licfllllmil the tron-wry notes which cer-
tainly should be paid in gold. amounting
to nearly inuufiuu. 0110. there will (all due
in mm “commune in bonds. issued dur-
ing the hurt your. for which we have re-
cclyod gold. and in 12107 nearly stucco.
(mo of l per cent bonds. issued in 1877
Shall the payment of these obligations in
gold be repudiated? if they are to be paid
in eucha manner as the preservation of
our national honor and national solvency
demands. we should not dostmy or oven
imperil our ability to supply ourselves
with gold for that purpose.

"While i am not unfriendly to silver,
and while i desire to see it recognized to
such an extent as is consistent with Brian.
l'lfli safetyand the preservation of national
honor and credit. 1 am not willing to see
gold entirely banished from our currency
and finances. To avert such aconaequcnce
lbellevc thorough and radical remedial
legislation should be promptly passed l
therefore beg the congress to give the lub-
ject immediate attention.

Small Bonds suggested.

"in my opinion, the secretary of the
treasury should be authorired to issue
bonds of the government for the purpose
of procuring and maintaining a sufficient
gold reserve, and the redemption and can-
collatlon of the United States local ‘tundor
notes. and the treasury notes Med for
the purchase of silver under the law of J u.
ly ii. 111110. We should he rollewd from
the humiliating process of issuing bonds
to pm urn gold to be immediately and re-
pcnlcdly drawn out on tlxescohliuatlons
for purpmlcs not related to the bcncllt of
our government or our people. The prin-
cipal and inn-rout of these bonds should be
payable on lbvir fare in gold because they
should be sold only for gold or its ropm
m-ulnliw and Murine-1! tlwro would now
[it’nlmlsly luv dilllvulty in favorably Illspuw
innox‘ hunila not containing tins stipulu
tlun. l tillfllli‘lit that the hands be issued
in denominations of 3‘30 and $.30 and their
muitlplm, and that lbs-y bear inform! a!
it run: out own-mime 5 per vent per annum.
i (In NH! are why they should mu to pay-
nllln Sm roams frum f-lmir ditto, We of line
present generation Lam large amounts to
pay if we incur our obligations. and lung
bond» are “My“, salable. The ewrctory n!
the mummy might wrll be permitted at
his discretion to n-culve on the solo at
bonds the legal tender and tmisury notes
to be Tillil'litl. nmlui t-uu‘au. when they are.
thus retired or redo-ennui in gold. they
should be canceled.

"'l‘hem- bonds under Oilllllifl laws mold
be deposited by national banks as sm-urity
for cirrulmlun. and such hunks should be
Minimal in home circulation up to the (at a
value of these or any other bonds so do»
melted, except bond» outstanding homing
only 2‘ per cent interest. and which nail in
the market at less on par. National
banks should not he allowed intake out
circulating notes of class denomination
than flu. and when such as are now out
standing reach the trcueury, cxmpt for m
dcrnption and rctlmmem. they should be
canceled and note» of the denomination
of tin and upward Mural in their smut.
fllver certliltatec of the denomination at
“it and upward should be replaced by cer
lliicntes of don-uninations under lit).

"sly Italics to lie held In field.

“As a constant means for the mainte.
nation of a reachable supply of gold in the
lraawry our duties on imports should be
paid in gold. allow‘llm all olhcniui-s to the
government to he paid in any other form
oi money.

"I believe all the Willow i hate aug-
grated should in embodied in our iawa if
we are to enjoy a complete n-lnrtnuuur'nt
of a sound ileum-lei mmditlon. They need
not interiors “lib any currency «home
prov ldins tor the incnvasc of the emulat-
ing nmllnm through the agency of no
tionai or state banks. since they can easily
be adjusted to such a scheme. Objmtlon
has been mails to the MW at inlurcst
bearing obligations for the purpose or re
tiring the acclaim luring livelihood"
notes. in point of fact. however. these
notes have burdened on with a large load
of internal. and it is ctiii accumulating.
The-(uremic interest on the original issue
of lands. the prooeuls of which in [old new
stitotei the reserve fro the payment at
time notes. crammed to nonsense on
Jan. 1, 111115. and thsaneual charge {or in-

' s: 'Iesss 1.1 1.5.1..
Wasnmnros, Jan. £9 41% interest in

the house centered in the pmldmt' a mac

sage. which was read innnodiately after
that body convened. There was a chain
skirmish over its reticular and that o! the
Idminiatration hill.whi1 h hir. Springer
introduced, but both were referred to tilt
committee on banking and currency. Mr

Wilao t.1111)“ waived Jurisdiction of the
hood f the racemes, which could
have you?“ a ways and means commit

tee. Members were busy discussing thr
message and bill throughout the session
and have little attention to the debate on
the hill to repeal the discriminative duty
on sugar imported from bounty paying,
countries.

At the conclusion of the debate Dir
Wilson attempted to effect an arrange-
ment for a vote after two hours of debate
today. but Mr. Grosvcnor of Ohio object
e11 lie-pile the objection. Mr. Wilson
stated his purpose to try to secure a vote
at the end of that time.

The reading of lt’rculdnnt Cleveland‘s
message on the financial situation formed
the mod interesting feature of the day‘s
session of the senate. it was presented
shortly after noon. and there was very
promptlya filling up of empty chairs by
senators who Were not on hand when the
senate mot.

’lbo president 11 viii-wit and recommenda
tlons were listened to with Irlnllti attention
both by senators and by the 111w upants of
the galleries and u in n the reading of thcl
message wall concluded it was sent to lhc'
finance committee.

 

l

Most of the day was taken up by the.

passage of the house bill, with senate
amendments. disapproving an ogrccmont
with the Southern l'to lmilons. providing
for their removal from ( ’ulurudo to Utah.
alluttinp lands in set-orally to those desir-
ing them. and to remove others from a
portion of the present reservation and con-
fining them to the western part of it and
to several townships in New Mexico. The
matter of the intuition of these lndlnns has
long been n. vexatious one. dilllcuit of set»
tlomcut by the lndlnn committees of both
houses. This rtion bide fair to result in
thc‘ llnul scrtlummt of the question at an
early dam

STATE LEGISLATURES.

Rrpumirtfln Factions Will Fight It Out To-
day at Harrisburg.

ilimnsxu'uo, Jan. :29.--’l‘be ilrst tent of
strength between the friends of Senator
Quay and the supporters of Dave Martin.
the Republican leader of Philadelphia.
will be made in the senate today on the
bill offered by Senator Porter of Phila-
delphia Martin's friend. reducing the
number of councilman in that city. Sen-
smr l'enrosc. the lender of the Quay forces.
served notice in the senate that be was
oppoucd to l’ortor‘s bill. and that he would
not consent to delaying action on it any
longer. The bill will come up on third
wading.

A Lemw committee in to be appointed
by the legislature to investigate tlloopera
(ions of the liullitt bill. under which the
city of Philadelphia is incorporated. Sen.
utor army‘s friends are black of the move—
ment. and shall dozen members of the
senate have expressed a willingness to
tiller a resolution for the appointment of u
rommltlw to into-urinate the defect in the
law governing i’hliad. ipblu and thunbusre
which are all .ml to have grown out of it.

New \urll.

Aunn. .lau. :‘u.- i‘l-‘rk Kenyon called
the senate to order and mid a letter from
the president designating curator i‘urs lbs
to preside fur the |~\\‘!|ll‘u Among the
bills pasmi m-rc tlu- lUHUWlnlII Senator
llonalllx1111‘-. wallow mun-nortluiy to bond
itself for a water supply and allowing it
to lllllli‘nVii its sclmuls and misc triuney
thcrvz’ur, r-i-nu'ur ('11331‘5hnll'm itit‘nltlilt'
(-lzim nl lllr mound and third classes to
been“ lands in nu mmrgvnry.

in the ammnbly 1i.o ninth annual report
of the factory Iliuln-I'Illl‘u‘ mu hiilllii‘d dun n
by the steamer .\lr Abell‘e “solution
pruvleling fur lln‘ appointment of 1; come
mince of four wmuurs and seven assomi
blyrnon lu inn-s: main all the slate depart~
liltinls, bnnmm «:«nmulssluus. etc. as to
the lnnnuuonmnt and expenses of the some
and report to the logldaturo their record
mundntlnna bx hill or mhorwlsc on or be-
fore March i. was liziiilltlld. My. Friday's
"solution to appoint a cunnmlttco of live
to investigate the lirnoklyn trolley strike
was also adopted.

New Jenn-y.

'ruusyoa. .lan. '..’1-‘.-«-'l‘he New Jersey
senate in executive erosion unanimously
confirmed liovcrnor \l‘orts‘ nominations
of Supreme i'ourt Justice Harrison and
State School Suwrinlnndcnt Addison ll.
Poland to snowed themselves. The gov-
ernor cent in no nmnlrmtlun of a aliouealor
tn the halo .lnsiiru Abbott. ’l'ho sonata
unanimously pmcd Assemblyman (Tod-
dluu'a house concurrent resolution favor.
inn an mnvndmont to the atato constitu-
tion prohibiting gambling.

The house hold a «hurt session and paus-
ad the following bills: llouuirlnu notion
in be ulron in adjoining building: owner»
of cxcavatlom for new buildings: nix-inn
governing bulb-s of "rat class cities power
to reuuhttu by "enhance the manner and
method (if paying schoollrmcbcn; terml
noting the terms of all chosen lrocbohlcn
elected from lmmuglm.

l’attl "as liar-119nm).
\‘lnfi’i, Jun. :39.~lllmc l’atti. wire
was culturing from a chill, has recovered
and none in Dresden.

TELEGRAPHIC BRlEFS.

Maistnnt Hcvmiary McAdoo inspected
the floor. at Fort Munroe.

'l‘be lfnlcnrilln si‘l: marks, ricer Mid
llcuiwn. N Y.. more partially burned.

flurry 11111111 1111111111 arc gcncrsl through
out (ll-mt llrllnln and thowcst of Europe

1‘ he romaine Ni 1.1 rd llandol ii i ’-l1urrh
illwminlorml in ill-dim 1‘ arr-h ccnr

mimthseehoadsandthcuissnedfor m

the ramp purpose during the last year will
basil ”5.11110. dating fmn Jan 1. late
"While the cancellation of then notes
would not relieve us from the obligations
glued: incurred bytutor fishnet. three
some are way regular as
harem been fun from

them ‘ u»
WW thatthelouanhey
are male

pulses-ct the
site will .- 1
413'" i

 

yaw. mus-a.

memo-w"

new...

 

u
now

The jury in the cancel John r. limo.
the alleged limlon cmbczrlcr. has disc

Colour-l .l ii. Emululth. the newly ap
pointed miministmn r {or it mining died
in London _

The liuasiau authorities are trying»
t a stop to bucket ahop speculation in
at. human.

“official enumeration of Macon
chewed 170.671 school

”helm church intheeoam
was“ aria-murmurs
’ more ”mi!

 
 

 
 
 

Hi 0 . ANCE.

We are selling a stock of Philadelphia Made Clothing at

prices you will be surprised at. Many garments are misfit

custom made goods and if’ in the lot you can be fitted you
‘ certainly will never regret the purchase.

Young Men’s Suits. their price Sit in $25. on price, $1.50 .
Prince illicit tons; Vests. their price Slim $30,111 price Still
Sunni Buttons. their price. $2010 $40. lllll price 59 ‘
Children's Suits, their price, 55 to ill, our price 33

 
 

All these garments are warranted as represented and
of finest English and Scotch fabrics.

Farther news—20 per cent reduction from marked
on our entire stock of clothing.

w. A. uuuu & 1.
BLOTHIERS Alli FURNISHERS,

SENTINEL BUILDING,

 

WASHINGTON STREE
SOUTH aORWALK.

‘-

THE GREATEST B‘AREAINS

Ever offered in groceries We Will give on
Saturday, January 26.
Call and be convinced that we are the
cheapest cash grocers in the city.
You will be surprised at the bargains
that you will not

New York Grocery tumor

DONOVANS BUILDING, some NORWALK.
3.; MAIN srnss’r. ironwork

i NEW YORK 0er.

 

 

I

 
 
 
 
 
 
 
 
 
 

Stith Strait and nit avenue,
tom enrol and 2.1 avenue,

1

am r: TB 1. mausunous EXPENSE
TAKING AT nous “

KUTNOW’S
— IMPROVED EFFEHVISCEM

. - The only pleasant tasting (‘arisbad Po w»:
slinnhennnnmr; 1 lbw-rimzn Carlsbad. "IQ Mll'kei '

.l Pr rfwfl'y Il'tdf'llbll,’ «nu! Hfm'h‘nv Rmmly for Imityestion, Consiyurtfion. ‘
.viu, (iout, Dialuzlvs, Kidney and Liver Ih‘rungemeufs.

WNMIO genuine without our Trsdcma
‘ far simlle signature of ‘

s1. KUTNO‘W & co.“

Beware of imitations.

"narrows inn-1311111111:
1111111 no can

A Sure (fare for Grip. Asthma, Chronic Calarr '
clu'tic. Hay Fever and 8mm Colds.

3

if not found at your linguists. cut this out and aendw i

in stamps or money (ml-1r to KUTNOW 3303.. W and 5‘ ”g
Mir More. New lurk City. who will forward I. you. Chas;
paid. a. 1 original dollar package or eithrr preparation.

 

”ABE FOR--

and',you mil em» but only a
1‘»- rmi and Perfect Fitting Shoe.

But mm» in whim the

8951 Material is Used. Combining Durability and ‘

Making it the m1 sumo ficamlm tlhoe 1n the nmrko

EVERY PAIR WARRANTED.
Call and examine them before purchasing any other sh

H. 5. BROWN

acute Main Street. 80. Norwsl

 

 

 

 
 

 

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