Evening gazette, Saturday, April 3, 1897 · page 6

 

 

 

 

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~-THELEVERINGioAzETTE“

 

 

 

Doctors are often handicapped by the
mere fact that when treating the diseases of
women, they suggest and insist on “ exam»

“inations ” and "local treatment.” A great
many of them do not know that this is abso-
lutely unnecessary. Many a woman has
been thrown into a dangerous state of ner-
vous excitement by the mere suggestion of
”such treatment. Many women lie to the
doctor. That sounds hard”: but it is un-
doubtedly true. They know that if they
admit certain symptoms that the doctor
will inevitably insist on an “examination.”
They do not give him all the facts in the
case, and so he works in the dark. Quite
often the doctor is too busy and too hurried
to make the necessary effort to obtain the
facts. He frequently treats symptoms for
what they appear to be on the surface, when
the real cause and the real sickness is deeper
and mere dangerous. A derangement of
the distinctly feminine organs will derange
the whole body. The woman herself may
not know exactly what is the matter with
her, but whenever she is sick,lthere are two
things she should look out for first. One is
what is called “ female weakness ;” the
other is constipation, for these two things
frequently go together. Dr. Pierce’s Fa-
vorite Prescription is designed for the cure
of diseases and disorders of women, and it
does cure them. It has been performing its
healing mission for 30 years, and tens of
thousands of women have been made happy
by it. Dr. Pierce’s Pleasant Pellets are for
constipation, and contingent ills. Druggists
sell them, but sometimes in well meaning
ignorance, they will try to sell you Some
thing else. There is nothing “just the
same” or “just as good.” The druggist
who tells you there is, is either mistaken
or dishonest.

If you care to know more about your own body.
send 2! one-cent stamps to cover cost of mailing
only, and you will receive absolutely fire a copy
of Dr. Pierce's 1,008 page book, “ Common Se'rsr
Medical Adviser." Address, World‘s Dispensary
Medical Association, Buffalo, N. Y.

RUMMDR
BROTHER

—— MANUFACTURERS OF ——

"IMPROVED SODA AND MIN-
ERAL WATERS.

Flavoring Extract,s Also the

 

Syrups and Olden Time
Fruit Juices, Root Beer.
lemon Soda, Soda Water
Sarsaparilla, Supplied in
VBirch Beer, Steel Fountains.

Seltzer and Vichy in Siphons.
Address

I. J. & o.‘ s. DRDMMAH, .

41 Main Street. -

The GAZETTE

Nous-91),. (‘onn

 

PRINTINR

Department. .

 

WORD
TO

THE
WISE ‘

M or chants, M an ulactm
ers, Lodges and Societies;
will consult their own Inter»
ests by giving us a call.

REMEMBER— -If you have-

work to do,writc to us.

_ l

,ive weapons against Cuban rebels?”—

.defect, may yet demonstrate that Green-

 

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m. a“. «-

“WHAT IS MONEY?

Subject Clearly Explained by a College
President at a vFarmers’ Convention.
The following is part of the synopsis

printed by the Milton (Wis. ) Journal of -

an excellent address by President Whit-
ford of Milton college before the farm-
ers’ convention at a recent. meeting at

Milton. It contains some very lucid

statements of money and of the power of

governments to fix value:

First. —Two separate and distinct val-
ues are assigned to money, one being
the intrinsic or market value of the ar-
ticle used; the other the legal or face
value, indicated by the stamp or device
pressed upon the article. In some well
known instances what is popularly
called money has only one of these
values. '

Second. —The common practice of
tribes and nations in selecting such ar-
ticles or commodities for money is to
adopt two kinds or grades of them, one
having greater market value according
to its weight, for use in the larger ex—
changes in trade; the other having lesser
value, for the smaller exchanges. This
practice furnishes the first essential con-
dition for a system of bimetallism.

Third. ——Only that money is basic and
widely and permanently used which is
made of precious metals, very generally
gold and silver; Other and perishable
commodities are, finally abandoned or
held redeemable in these metals.

Fourth—The market value of these
metals, not their face value, constitutes
the original and continuous quality by
reason of which they are almost univer-
sally accepted as basic or primary mon-
ey." Government or custom can add a
quality, not inherent, but temporary,
to such metals and other articles used as
a medium of exchange. But the real
measure thus declared to be effective
and lasting must be the one established
by the laws of trade, not by the edicts of
government.

Fifth—Government itself cannot fix
or control the market value or price of
any metal or other commodity, whether
used as money ‘or in the practical arts.
So it cannot make fiat money and com-
pel the people to circulate it a great
length of time as money of any sort.

Sixth—Any coins or other money
whose market value is less than their
face value always soon expel from cir-
culation all coins or other money whose
market value is greater according to
their weight, unless the former are re-
deemable in the latter. Whenever a coin
shows even a slight inferiority of its
market value to its face value, it tends
at once to crowd out of use even a coin
whose two values are equivalent.

Seventh—~Gold has been adopted by
the principal civilized nations as pri-
mary money or the standard of values
because of its greater market value, its
less weight for a given sum of- money
and its least fluctuation in market value
of any of the precious metals.

Eighth—Coins like silver, whose
market value is less than their face val—
uc, can be kept circulating at the same
time with gold coins even in somewhat
large amounts only by being redeem—
able in the same denominations with
the gold. The same is true of paper
money, which has no appreciable mar-
ket value.

 

am,

W'eyler’s Paper Promises. '

Our “Greenbackers” should rejoice
over the fact that another paper money
experimentis beingtried. ‘ ‘If greenbacks
put down the rebellion in the United
Statés, why shouldn’t they prove effect-

reasons General Weyler, who is flooding
the coast towns of Cuba with artistically
engraved promises to pay on one side of
a piece of paper and a- picture of a well
developed tobacco plant on the other
side.

The experiment is bound to be suc-
cessful, for the notes are made legal
tender in the worst way. Any shop-
keeper who refuses to accept these prom-
ises for their face value is subject to in-
stant imprisonment in jails where con-
finement means almost certain death;
Of course under the circumstances the
notes are accepted. Weyler, however,
forgot to decree that prices should not
be raised, and the Cuban shopkeepers
are mean enough to try to defeat the
experiment by raising prices. SO far
they have only doubled prices, 'but each
one is trying to see how high he can put
prices, and the end is not in sight.

Come to think of it, high prices, con-'
stantly growing higher, have defeated
all past experiments with paper money.
Perhaps Weyler, by correcting this little

backers are right and that cheap money,
by proper legislation, can be made just
as good as money made from costly
metals. What a boon plenty of money
would be to mankind! Success to Wey-
ler’s experiment and death to the traitor
who tries to prevent its success by rais-
ing prices or by refusing to accept Wey-
ler’s handsome promises!

Two Republican Suggestions to Congress.
The retirement from circulation of
United States notes is a step to be taken
in'our progress toward a safe and stable
currency which should be accepted as
the policy and duty oLthe government
and the interest and Sc'turity of thevpeo-
p1e.—President R. B. Hayes in His An-
nual Message to Congress Dec. 6, 1880.

 

The several forms of our paper money
offer, in my judgment, a constant em-
barrassment to the government and to
a safe balance in the treasury. . There.
fore I believe it necessary to devise a'
system which * * * will present a rem-
edy for thosr arrangements which, tem-I
porary in their nature, might well in,
the years of our prosperity have beeni
displaced by wiser provisions. —Presi-I
dent William McKinley in His Inaugu-I
ral Address March 4, 1897. '

Two Coined Lies.

One Of the Chinese coins» is called a!
“1i. ” Had the result of the election ml
the United States been! different lastl
November, our largest silver coin would
have beena‘flie.” '_ _ . ._ . !

 

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' Great- Britain (absolutely? 1816

-. .. . .3- ,__‘

Credit For Farmers.

We have lately given some account of
the operati n of agricultural banks in~
Europe, which have done very much for'
the farming class by making it possible
for it to secure loans on such security as
farmers can offer. The farmer is 'espesi-
cially in need of credit, for the interval
must always be considerable between
the preparation of the soil and the har-
vesting of the crop. He must- spend
money a long time before he can get
any back. As to most of his products, he
may be said to be carrying on a busi-
ness where the stock is turned over but
once a year. Furthermore, as a crop
matures all over the country at the same
season, and generally within a period of
a few weeks, it is particularly impor-
tant to the farmer that he should not be
compelled to realize on his harvests im-
mediately. He would break the market
if he were obliged to sell all his crops
as soon as gathered, and yet ‘he must
sell a good deal, for he has been under
expense for months without any income.

While the farmer more than almost
any other producer needs credit, he can-
not generally Oifer chmercial security,
and real estate is not a good security for
ordinary tanks of discount to take, and
it is unlawful for our national banks to
accept it. The result is that the farmer
is usually compelled to sell his produce
at an unpropitious time or to get credit
of merchants and private bankers for
which usurious rates are obtained. In
this country there has been practically
no effort to supply this need for agricul-
tural credits, although the brokers and
private bankers and factors who have
made a practice of lending to farmers
have made a great deal of money out of
it, for the absence of competition en-
ables them to get a high rate for money,
and the farmer pretty generally pays his
debts.

It is singular that in our own country
no effort has been made to afford agri-
culture in general the capital it needs
for the improving of land and for carry-
ing on farm operatior" during the long
intervals between the nnual marketing
Of crops. The changed conditions of the
times make it imperative that farming
must be conducted upon more scientific
principles so as to get out of the land
more than it has heretofore produced,
and that necessity leaves no alternative
but either to afford the farmer enlarged

-credit facilities or to leave the present

landholders to be frozen out by insolv-
ency, with the rest: of transferring this
industry to a clans possessing ampler
means and able to cultivate larger farms
upon improved methods. —,—Journal of
Commerce and Commercial Bulletin.

 

Gold Standard Barometer.
(Showing dates where nearly all important
civilized nations adopted the gold standard.)

 

Japrti ....................... 1897
Ruse r ....................... 1895
Chilt- ...................... 1395
Santo Domingo ............ 1894
Honduras .................. 1594
Austria-Hungary .......... 1393
Roumania .................. 1890
Egypt ...................... 1885
Finland ..................... 1877
Holland ........ . . .
Switzerland . .. "
Belgium ........ :
Greece ...................... 18I6
Spain ........................ 187
France ...................... 1876
ltaly.............‘ ........... 1876
Norway ..................... 187
Sweden .................... 1873
Denmark ................... 1878
United States (adopts) 1873
Germany ................... 1871
Portugal .................... 1854
United Stat-es (accepts) 1:553
Australia . . . ............. 551
Brazil ....................... 1849

Canada". .................... 1841 ‘

United States (practically) 183-]

Great Britain(practically 17984)
G.Br1tain (experimentally) 1774

 

 

 

 

A Movement For Currency Reform.

The Massachusetts Reform club of
Boston has commenced a systematic
movement for practical currency reform.
It has recently passed formal resolutions
demanding that congress shall adopt
some safe plan “whereby our legal ten-
der paper and silver and our silver cer-
tificates shall be slowly withdrawn, and
gold, gold certificates and bank notes
shall gradually take their places. ”' They
further advocate “such legislation as
will encourage the establishment and

I successful operation of small banks with

local capital and knowledge of credits. ”
These resolutions are being sent

throughout the country, accompanied by

a statement setting forth the views of
the club and requesting every friend
of currency reform to sign the resolu.
tions andsend them to congress.

, This movement is exactly in line with
the action of the Indianapolis confer-
ence, which was to impress congress
with the fact that there is an over-
whelming public sentiment in favor of
currency r‘eform.—Chicago Times-Her-
ald. ' .

Gold and Silver Nuggets.
' First. —There is not a free coinage
country in the world today that is not
on a silver (or paper) basis.

Second. ———There is not a gold standard
country that does not use silver as
money along with gold.

Third. ——There is not a silver standard
country that uses gold along with silver.

Fourtlr- w-Thcre is not a silver stand-
ard count] 1:! that has more than one-
third as much money in circulation per
capita as the United States.

Fifth.— There is not a silver standard
country in Which the laboring man re—
ceives’ fair pay for his day’s labor.

Sixth—There is not a silver standard
country in which interest rates are not
higher than in gold countries.

Seventh—Nearly all civilized coun-
tries have turned from a silver to a gold
standard during the past-century. None
has turned from gold to silver ‘

 

l .

 

THE MUTUAL LIFE — IIISIIIIIIIIII: '

OF 'NEW YORK.

RIcIIARD A. McCURDr, President. _:
Statement for me Year Endlnr Bscemher 3lsl,l

According to the Standard of the Insurance Department of the State of New York.

u

 

c-

INCOME,

Received fcr Premiums - - - - - S 39,593,4l4 20
ID,IDD,28| 01

From all Other Sources . - , - - - -

_' DISBURSEMENTS,
To Policy-holders for claims by Deallr - - -.
Tc Policy-holders for Endowments. Dividends, elc. ‘ - . — -

s I2,595,II3 39
I2,342,456 I

51,12,005 64
$36,2Io.515 I4

For all‘Dlher Accounts ' - - - - - -

ASSETS.

oiled, Slates Bonds and other Securities - - - -
First lien Loans [on Bond and Mortgage - - -
Loans on Stocks and Domls I
Real Estate . - - - — - _ - .-, -
Dash in, Banks and Trust companies - - - - -' [2,530,390 00
Accrued Interest, llei Deferred Premiums, elc- - - 5,535,555 95

h
. *_‘
~—

o 234,144,l48 42
Reserve for Policies and'olher Liabilities - - - 205,0lD,633 12

, Surplus 3 zflilli—RIS—Rl‘fil
lnsuranccand Annuities in force - - -‘ $ 9|8,6§Dfi?4g

o I I o,I25,ooz l5
II,543.929 56
ll,09l,525 00
22,167,666 65

 

I h ave carefully examined the foregoing Statement and find the same to‘be' (
liabilities calculated by the Insurance Department CHARLES A. PRELLER, Auditor.

 

Fri m the Surplus a dividend will Ice apportioned as usual

 

Report of the Examining Committee.

Office of the Mutual Life Insurance Company of New York

To THE HONORABLE, THE BOARD OF TRUSTEES or ' /

3 THE MUTUAL LIFE INSURANCE COMPANY OF NEW YORK
The undersigned, a Committee apppointed by your honorable body on the twenty-

third day ofpecember, I896, to examine the Annual Statement of the Company, and to I

verify the same, .espectfully

REPORT

That, pursuant to the power-and authority thereby conferred, Ithe Committee have at various dates between the date of the
said reference and the date of fins Report attended at the cilice ofthe Company. and have been waited on by the Treasurer
the Comptroller, the Auditor and and the Cashier, together With the the respeztive assistants of such oflicers, and have care:
fullv gone over all the items contained in the said Statement, and have found the same to be correct. They have Examined
and'counted every certificate of stock, bond and other obligation held by the Company, and compared the Price at which the
same are carried in said Statement With the market quotations and find the same not exceeding such quotations—in fact in
mauv cases bzl w them. They have examined and counted the bonds and mortgages on real property held by the Compah
and find the 5'1 to be as stated. They have also verlfied the valuations of the Company ’5 holdings of real estate and hay-Ye
verified the deposits of money in the various banks and trust companies, and have counted the cash on hand held by the

r .
CaSIXZd the Committee certify that all the books, papers. documents and evidences of title of every description necessary in
such examination have been freely submitted to the Commlttee by the said oflicers and their assistantS, and that the same are
accurate, in good order and well kept _ .

mm the Committee further Ger-hf), that .thegnveslments 0f the Cempany are Of a high order, and that the system and
methods adopted by the Company in recording its transactions and caring for the assets are entitled to commendation

' h ‘ s eclfull submitted ROBERI‘ OLYPFIAN'I‘ J. HOBART HE
A“ “Wine ‘5 ‘e P y JAMES N. JARVIE CHARLES D. Dligirhlir JR u.-
JAMES c. HOLDEN CHARLES R. HENDERsofi

 

NEW YORK JANUARY 25, 1897. .,

The company has issued an order whereby women can be insured without the extra
charge heretofore required. More definite information on the subject Will be furnished by

the local agent, Mr. A H. Camp. . '
Board of Trustees

GEORGE G. HAVEN
ADRIAN ISELIN JR.
GEORGE S. BOWDOIN
THEo. A. HAVEMEYER
WILLIAM C. WHITNEYM
. “7 ILLIAM ROCKEFELLER
JAMES N. JARVIE

CHAS D. DICKEY JR.
ELERIDGE T.[GEREY

HENRY H. ROGERS

Jro. W AUCHINCLoss
'IHEODORE MORFORD
WILLIAM BABCOCK
STUYYESANT FISH
AUGUSTUS D. J UILLIARD
CHARLES E. MILLER
\VALTER ti GILLETTE
‘H. “ALTER W EEE

SAHUEL D, BABCOCK -
RICHARD A. MCCURDY
JAMES C. HOLDEN
HERMANN C. VON POST
LEWIS MAY

OLIVER HARRIMAN
ROBERT OLYPHANT
GEORGE F. BAKER
DUDLEY OLCCTT

J ULIEN T. DAVIES
ROBERT SEWELL

S. V. ti. CRUGER
CHARLES R. HENDERSON
RUFUS W. PECKHAM

J. HOBART HERRICK
WM P DIXON ’
ROBERT A. GRANNISS

ROBERT A GRANNISS Vice-President. ;

WALTER R. GILLETTE, General MDIUINC‘AN J C

' . LLOYD, 2d Vice-Plesident. HENRY E. ,1 n, orresponding Secreta
IEIAIIISIEM J. EAS’I‘ON, Secretary. ALBERT KLAMROTH, Assistant Secretary. ' ry
FREDE RIC OROMW ELL. Treasurer.
JOHN A. FONDA, Assistant Treasurer. JAMES TIM t’SON . 2d Assistant Treasurer.
WILLIAM P, SANDS, Cashier. EDWARD I’. HOLDEN, Assistant Cashier.
EMORY M cCLlNTOOK, Actuary. .

JOHN TATLOCK, JR -, Assistant Actuary. - .

CHARLES A, PRELLER, Auditor. WILLIAM W. RICHARDS, Comptroller.
C. CLIFFORD GRETSINGER, Aesistant Auditor. HENRY S. DRO WN, Assistant Comptroller.
JOHN C. ELLIOT, Superintendent of Domestic Agencies.

EDWARD LYMAN SHORT. General Solicitor.

MEDICAL DIRECTORS:
GRANVILLE M. WHITE, M. D

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FREDERIC CROMWELL 1
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ELIAS J. MARSH, M. I)‘

 

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