“a
a“
points .
THE SILVER BRICK BUNKO ' GAME.
,Uncle Sam prefers to buy what silver he peeds in the world’s markets and
at the prices which are paid for it by other nations.
He is held up on his way
to market by the silver mine and silver bullion owner, who insists that
Uncle Sam shall agree to buy and sell silver at twice its actual value.
He
tells Uncle Sam that in 1873 he committed a great crime against silver and
for that reason is responsible for the fall in price from $1.29 to 62 cents per
ounce.
He flutters Uncle Sam by telling him that he is great enough and
wealthy enough to double the price of silver the world over if he will begin to
coin it in unlimited quantities and to treat it in every way as if it were worth
its old price. Will Uncle Sam be taken in by this bunko steerer?
A r
“ The Drift.Towar-d Gold.
While Mr. Rrypn and his associates,
refusing to accept the verdict of last
November, are looking forward hope-
fully to renewing what they call the
“battle for silver” at the next congres-
sional elections; . while a bimetallic
commission has just been appointed to
visit the European governments in the
interest of international bimetallism,
there may be perceived all over the
world an unmistakable drift toward the
single standard of gold. Since the ap-
One of Grant's Victories.
One of General Grant’s greatest vic-
tories was not wonin war, but in times
of profound peace. On April 28, 1874,
he vetoed an inflation bill which had
passed both’ houses of congress, by de—
cided majorities, and back of which
were many eminent Republican poli-
ticians who imagined that they saw
sure defeat ahead for their party unless
they made concessions to those clamor-
ing for “more money.” The pressure
for the bill was not all political. Many
timid business-men urged the president
“Her San Francisco Friends Havel Taken
contracts entered into by the exposi-
Closing Quotations of the New York Stock
\
THE “BARONBSS” VON TUREHEIM.’
No Steps to Archier Yet.
San Fran'cisco, May 12.—The friends
of Jeannie Young, “Baroness yon Turk-
heim,” in this city have not yet done
anything toward raising sufficient funds
for her to return to San Francisco, as
she requested in her cablegram to the
chief of police. Attorney Hutton and
one or two other people; who are suffi-
ciently interested in her affairs to as-
sist her if the necessity triould arise
say they are afraid that the cablegram
to Chief Lees was sent by Von Arnold
as a. decoy in the hope 0b obtaining
money with which to continue his trav-
els. Mr. Hutton, therefore, will await
confirmation before he does anything
in the matter. Chief Lees cabled the
“baroness” to communicate with Mr.‘
Hutton.
On account of the reference in the
cablegram t0 the important papers in
the Fair case that are said to be in
Von Turkheim’s possession the chief
held a consultation with'George A.
Knight, attorney for Charles L. Fair,
with the object of ascertaining Whether
the woman might have had any in-
criminating documents. Mr. Knight
stated that in his opinion she had noth-
ing that would be of importance in the
Craven case or that could be introduced
in evidence.
The \Vin “Chinee.”
'Washington, May 12.—'The secretary
of the treasury is informed of the ar-
rival of .257 Chinamen at San Francisco'
to take part in the Nashville exposi-
tion. Of this number only 21 are need-
ed to comply with the terms of the
tion company, and the remainder will
be returned to China.
Cuban Jail Baided. .
Havana, May 12.—-A raid was made
on Casqua, in Havana province, and
the jail was broken open. Fifteen pris-
oners who had been kept there a long
while were liberated. There were Sev~
en women and eight men. Among the
men were two insurgent officers gwho
had been sentenced to be shot.
EINANOIAI. AND COMMERCIAL.
Exchange.
NEW YORK, May 11.—Money on call nominal-
, ‘_ ' . . i h - ‘I TH E EV E N I NGGAZ Ea? TE'. .\ f g . .. . . ,.
THE IITIIAL LIFE INSURANCE .fi'
, RICHARD A. MccuRDY, Presidént. .
Statement for the Year [Mint-{December~3IsI, ' I89.
According to the Standard of the Insurance Department Of the State of New .York.
INCOME,
Receivedior Premiums - - -
From all Other Sources j ' - '
s 39,593,4r4 zo
.Io,Ios,23I or
_ _ - SHEEN
DISBURSEMENTS, ~ =
To Policy-holders for claims by Ileaih .. ' “2,595,...”
To Policy-holders for Endowments, Dividends,_eic. - - - -- ' I2,342_,455 n
For all Other Accounts _‘ - . ‘ ' I0.18I.oo5 54
' ' . $36 zifiv'E—Ii
‘ » ; ASSETS., ”
niied SIaicsBonds and other Securities . I - - - -
First lien Loans on Bond and Mortgage - g .' -
s I I o,|z5,osz I4
1|,543,929 54
rumor-.525 Oo'
\
I. ."
pointment of the United States com-
missioners the dispatches from Europe
indicate. that their miSsion will" be fruit-
less, and that there is no more probabil-
ity of those governments returning to
bimetallism than there is of their re-
turning to flintlock muskets for their
armies, The latest announcement is
to sign the bill in‘ order to “stop agita-
tion. ” In this trying situation President
Grant showed patriotism wholly above
partisanship and a clear conception of
sound financial principles, unobscured
by shortsighted notions of immediate
business expediency.
He vetoed the bill because in theory
ly at 1%a1}§ per cent. Prime mercantile paper,
Blfiat per cent. Sterling exchange steady,
with actual business in bankers' bills at $4.834
a4.87% for demand and at $4;86%a4.86}6 for 60
days. Posted rates, $4.87a4.87}'2’ and 34.883439.
Commercial bills,.$~i.85%a4.85}§. Silver certifi-
cates, 60%a603/se. Bar silver, 60%0. Mexican
dollars, 47%0. Government bonds firm. State
bonds quiet. Railroad bonds firm.
Closing prices:
Loans on Stocks. and Bonds - A - - - - -
Real EsIaIe - . - - - - - - - 22,151,556 65
flash in Banks and Trust l.lonlprinies - - - - - ӣ80,390 00
‘- 6,535,555 05
- sza4-,144,r4o_i§
- 205,0Io.653 12
Accrued Interest, llcl Deferred firemiums, eic. -
c
'U
Reserve for Policies and oIhcr Liabilities
, from Russia, which is to the effect that it would produce inflation “The thed— _
‘ ' ' . ' . . At 11' .......... 101 N E l d.....— -
She ‘8 mevocably commlited '50 the 301d 15’. ” he declared. “111 my behef IS 8 de- Bu:.¢13:03uincyr.... 74? Net; 02:521.. 77% __ __
standard. . _ _ . parture from the true principles of C.. 0.. C. & St. L. 2914 North American.. 4%
But it is not in Europe alone that finance, national interest, national obli- Chesapeake &O.. 12% Northern Pacific. 112g Surplus .. _ - .. . . . . _ s 29,133’5'4 1o
thls tendency 15 observable. The w1s- gations to creditors, congressional prom- 01313350 Gas """ 8_"’é gogréf"""l """ 36/4 —————————’ —-———
dom and apparent ease With WhiCh the ise, party pledges on the part of both gggfirfiiilllll 12 ohatfflfiillli 953:2 I Ge and Annuifies in “ISO - n ' - u I 3 9'8 698 338 45
Japanese government has planned the political parties and of personal views -Del.& Hudson....105% Ontarioé’c West... 13% nsuran I !
:EOPtion 01f 41? 8013 standard is 0D6h9f and promises made by me in every an- £52119“, Trust.. 17% giggligé‘hfl """" fig“ - ea,
e marve § 0 mo em 5 atesmans lP nual message sent to congress and in G 11.3], 31’ R k I 1"‘3"""' 63 . . . - I
andtmarks. that pfople asf atllIllong ttlllle each inaugural address.» HESS; V2351. 12/3 333., 1333,0331 625,9? I have carefully examined the foregomg Statement and find the same to be correct ~
mos sa acious na ions 0 e ear . ' u . n Lackawanna......l485a St. Paul ........... 74y , . . . " - ‘
LaggardgChina also seems to be awak— thsobifllr'”ifir:il;1ed)emgit:ionsett‘l‘eglliemld Lake Shore ------- 164 Sugar Refinery...u5u,‘2 liabilities calculated by the Insurance Department CHARLES A. PRELLER, Auditor.
. f - h “.1 d f . 1 t' . _ ag a ‘ on Lead .............. 25 Texas Pacific..... 8% '
mg mm er “1 ver ream 0 15° a mm It fall to create the abundance of Louisville & Nash 45% Union Pacific..... 6% F th S l d" , d d will b t' d 1
ram 6 urp us a lVl en 6 appor 10:16 as usua
and is anxious to have the customs du-
ties at the treaty ports placed on the
gold basis, as they substantially were
when the treaties were made. The de-
preciation of silver has greatly crippled
her revenues, and now that she is com-
ing into closer financial connection with
Russia it may be assumed that her
finances will be conformed to the gold
standard. »
If we turn from the far orient to our
own hemisphere, we will perceive a
stirring in the Central and South Amer-
ican states to reform their monetary sys-
tem and escape the losses entailed by
an inferior and depreciated currency. A
dispatch a few days since from Lima
informed us that Peru had not only sus-
pended silver coinage bnt had passed a
law against the importation of silver.
Columbia has adopted the gold stand-
ard, while Chili, Uruguay and Brazil
make gold unlimited legal tender and
silver in but limited sums. In Hondu-
ras, San Salvador, Costa Rica and Santo
Domingo the gold standard has been es-
tablished by law, though a depreciated
paper currency prevents the circulation
of gold at present. These movements go
to show that those nations who are in
touch with European trade and com-
merce feel the necessity of having the
same monetary system and that their
people are at a disadvantage because of
their fluctuating and depreciated home
currencies. _ _,
And yet while these nations, admit—
tedly our inferiors in wealth and in
physical and intellectual progress, are
struggling out of the bonds that hold
them back there are those among us
who would imperil our vast wealth and
commerce by plunging us down to the
silver standard. What must the nations
of the world think of such leadership
and statesmanship?——Chicago Times-
Herald.
Thomas Jefferson Not a. Democrat.
It is painful to be forced to unmask a
man who has been so long held up as
the exponent of Democratic doctrine,
but a stern sense of duty to the free sil-
ver and spoils Democracy of the present
compels us to portray him in his true
colors. It is not right that he should re-
ceive the enthusiastic laudations of
Chicago platform Democrats when he
was false to nearly every one of the
great and glorious principles which
they formulated in 1896. What right
had Jefferson to pose as a Democrat,
anyhow? , What pretensions to Democ-
‘ racy had a man who actually believed
in applying business principles and
common sense to national affairs, who
bad old fashioned ideas about the sa-
credness of obligations, who demone-
tized silver when he saw it was neces-
saryfor the public good and who was a
cifii} service reformer.
tr ogically the only thing for the free
silver Democratsflto do is to denounce
Mr. Jefferson instead of praising hims
and to adopt resolutions; reciting his
various glaring heresies and formally
reading him out of, the party, for it is
absolutely certain that if the Chicago
- platform is to be taken as the expression
of true Democratic doctrine Thomas
JeiferSon wags not a Democrat and must
descend from his pedestal as the father
of Democracy—LBaltimore Sun.
-.., .. n...
circulation expected of it, the friends
of the measure, particularly those out
of congress, would clamor for such
inflation as would give the expect-
ed relief. ” And be defined his general
principle in these pregnant words, “I
am not a; believer in any artificial meth-
od of making paper money equal to
coin when the coin is not owned or
held ready to redeem the promises to
pay, for paper money is nothing more
than promise to pay and is valuable ex-
actly in proportion to the amount of
coin that it can be converted into. ”
The monetary battles of this country
are not yet all fought. Grant’s words
and acts should inspire those engaged in
the present struggle.
0111' Monetary Disease.
To safely'and permanently maintain
the gold standard requires the remod-
eling of our finances. The disease is the
character of the money in the treasury
and in the pockets of the people. It is
in a banking system which congests cur-
rency in commercial centers while cre-
ating a dearth in country districts,
which issues a currency which cannot
expand when it ought and can when
there is no necessity. It is in compel-
ling the maintenance of $100,000,000
gold reserve to float a vast volume of
paper money by the government, which
cannot regulate its issues to meet the
needs of commerce.
The disease cannot be cured by any
makeshift. —Senator Donelson Oafiery.
Silverites Should Drop Jeflerson.
It is in vain to invoke the authority
of Jefferson for the coinage of 50 cent'
dollars or any other debasement of the
currency. Our “neo - Democratic”
friends, if they wish to vindicate their
claim to the title of ”old line Dem—
ocrats," who have Jefferson for their
father, will have to abandon their idea
of free coinage at the ratio of 16 to l
or any other arbitrary rate, but if they
will havea double standard make it 32
t0 1, in order to be honest in the pay-
ment of debts and to conform to the ac-
tual ratio in the value of the two met-
als in the markets of the world, it be-
ing, as Jefferson says, “a mercantile
problem altogether. ”—Baltimore Sun.
Is Japan Fifty Years Ahead of Us?
The exportation of gold under exist-
on"I circumstances involves no danger
to this country, but it is not pleasant
to reflect-"that the. present shipments
are called for partly to furnish the sup-
ply for Japan. It is less than 50 years
since we bombarded the heathen Japa-
nese to bring him to a realizing sense of
1
our higher civilization, and now appar- '
ently Japan is 50 years ahead of a large
number of our people in that practical
and important development of civiliza-
ticp which demands that it shall take
100 cents to make a dollar. —New York
World.
An Unsafe Currency Basis.
Something should be done to place
the currency of the country on a uni-
form basis. The constant reissue of the
' greenbacks as often as received by the
treasury department is an anomaly in
finance. —Vicksburg. (Miss. ) Post.
mills patents, $4.95a5.30; winter patents, $4.608.
wheat; May, 29 13-160.; July, 30%a305/éc.
1110.75.
nominal.
creamery. 12a15c.
small. lobfiallyfic.
allc. ; western, 10310760.
5 3460.; powdered, 4 13-160.
(Malééc.
choice, 70a75c.
'most’ obstinate uterine diseases.
Wabash pref ..... 12%
Western Union... 76%
Missouri Pacific. . 1314
Northwestern. . . ..104%
General Markets.
NEW YORK, May 11.——FLOUR—State and
western was moderately active and firm; city
4.85; city mills clears, 84.75215; winter straights
84.35a4.50.
VVHEAT—No. 2 red opened firmer on higher
cables and unfavorable news from California
eased off, but. rallied again on foreign buying I
and general covering; May, 80%a80%c.; July,
775/5a78 11-160.
- RYE —Stcady ;-No. 2 western. 370.
CORN—No. 2 was quiet but firmer with
OATS—No. :3 were dull and nominal; track,
white, state. 263.310.; track. white, western, 26a
31PORK—«Steady; mess, $8.75a9.50; family, $9.50
LARD —Dull; prime western steam, $4.20
BU’l‘TER~Quiet; state dairy, liable; state
CHEESE — Quiet; state, large, ill/23100.;
EGGS—Steady; state and Pennsylvania, 1035
SUGAR-Firm; fair refining, 2%c.; centrif-
ugal, 96 test. 35-l6c.; refined quiet; crushed,
TURPENTINE—Quiet at 28%a290.
MOLASSES—Quiet; New Orleans. 238290.
RICE — Quiet; domestic, 4%a6}éc.; Japan,
TALLOW-Dull; city, Sléc. ; country, 3%c.
‘HAY — Quiet; shipping. 55a600.; good to
"(HILDREN ought to
brighten a mother’s
daily cares and help
her to be strong, cape-
ble and cheerful. It
is’nt right for mothers
to feel the burden of
life rowing heavier
and eavier year by
year because of child-
bearing and child-rear-
ing. That shows some-
thing is wrong in the
mother’s hysmal con-
dition. here is some
unnatural weakness in
her delicate organism .
which disqualifies her
for motherhood.
When this is wrong
everything is wrong.
A woman’s physical
life is wrapped up in
the special organs of
her sex. When these
are restored to health
and strength the whole
woman becomes
healthy and strong. Dr. R. V. Pierce of
Buffalo, N. Y., has made a life-study of this
problem of restoring health and strength
to women. 'His “Favorite Prescription"
is the most’successful remedy that has ever
been known for women’s eculiar ailments.
Its sale exceeds the com ined sales of all
other, medicines for women. It cures the
It goes
directly to the internal or anism which is
the real seat of all the trou les. It imparts
vigor and health where they are most
needed ; heals ulceration ; stops the weak-
ening drains ; promotes regularity; restores
muscular power to the ligaments, thus cor-
recting displacements of special organs in
the only natural way.
Complete information regarding the “Fa-
.vorite Prescription ”and tes-
timonials from hundreds who
have used it, are embodied in
Dr. Pierce’s Common Sense
Medical Adviser, a standard
medical work of 1 pages,
profusely illustrated, which
- will be sent free on receipt of
21 one-cent stamps to cover
. cost of mailing only. This,
~ work is a complete family
book and should/be read by both
young and old. The profits on the Sale of
680,000 copies lit-61.50 has rendered possible
this free edition. Address, VVorld’s Dispen-
Report _ of the Examining Committee.
‘ Office of the Mutual Life Insurance Company of New York
To THE HONORABLE, THE BOARD OF TRUSTEES or
. V THE MUTUAL LIFE IIISIIIIAIIGE GDMPAIIY 0F IIEVI YOIIK
The undersigned, a Committee apppointed by your honorable body on the twenty-
third day of December, I896, to examine the Annual Statement of the Company, and to
That, pursuant to the power and-authority thereby conferred, the Committee have at various dates between the date of the
said reference and the date of this Report attended at theioflice of the Company, and have been waited on by the Treasurer;
the Comptroller, the Auditor and and the Cashier, together With the the respective a551stants or such officers, and have care-
fully gone over all the items contained in the said Statement, and have found the same to be correct. They have examined
and counted every ce .
same are carried in said
many cases below them.
and find the same to be as s . . .
verified the deposits of money in the various banks and trust companies,
Cas Agird the Committee certify that all the books, papers. documents and ev1dences of title of every description necessary in
such examination have been freely submitted to the Committee by the said oflicers and their assistants, and that the, same are
t in cod order and well kept. .
“cal—18nd, thegCommittee further certify that the investments of the Company are of a high order, and that the System and
methods adopted by the Company in recording its transactionsand caring for the assets are entitled to commendation
h' h' if 11 submitted ROBERT OLYPHANT J. HOBART HERRICK
An °fw 1° 15 “Spec u y JAMEs N. JARVIE CHARLES D. DICKE Y, JR."
JAMES C. HOLDEN
verify the same, .espectfully
Statement with the market quotations and find the same not exceeding such quotations—in fact, in
They have examined and counted the bonds and mortgages on‘ real property held by the Company,-
tated. They have also verified the valuations of the Company’s holdings of real estate and have
and have counted the cash on hand heldby the
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
the local agent, Mr. A. H. Camp. -
Board. of Trustees
GEORGE G. HAVEN
ADRIAN ISELIN JR.
GEORGE S. BOWDOIN
THEO. A. HAVEMEYER
WILLIAM C. WHITNEY '
WILLIAM ROCREEELLER
JAMES N. JARVIE .
CHAS ,D. DICKEY JR.
ELBRIDCE T. GERRY
HENRY H. ROGERS
JNo. W AUCHINCLoss
THEODORE MOBFORD
WILLIAM BAEcocx
STUYVESANT FISH
AUGUSTUS D. J UILLIARD .
CHARLES E. MILLER -
WALTER R GILLETTE
H. WALTER WEBB
FREDERIC CROMWELL
J ULIEN T. DAvIES
ROBERT SEWELL
S, V. R. CRUCER
CHARLES R. HENDERSON
_RUFUS W. PECRHAM
J. HOBART HERRICR
WM P DIXON ,
ROBERT A. GRANNISS
ROBERT A} GRANNISS Vice-President.
' n WALTER- R. GILLETTE, General Manager. ' _ , ,
ISAAC F. LLOYD, 2d Vice-President. HENRY E. DUNCAN, JR, Corresponding Secretary
WILLIAM ‘J. EASTON, Secretary. " ALBERT KLAMROTH, ASSIStant Secretary.
" FREDERIC CROMW ELL. Treasurer.
JAMES TIMPSON. 2d Assistant Treasurer.
EDWARD P. HOLDEN, Assistant Cashier.
EMORY MCCLINTOCK, Actuary. .
. JOHN TATLOCK, JR , Assistant Actuary. - '
CHARLES A, PRELLER, Auditor. WILLIAM W. RICHARDS, Comptroller.
f‘. CLIFFORD GRETSINGER, As-Iistant Auditor. HENRY S. ISRO WN, Ass1slant Comptroller.
JOHN C. ELLIOT, Superintendentof Domestic Agencies.
EDWARD LYMAN SHORT, General Solicitor.
MEDICAL DIRECTORS: . » - .
ELIAS J. MARSH, M. P' GRANVILLE M.;WHITE, M l .
SAMUEL D, BARco'Cx
RICHARD A. MCCURDY
JAMES C. HOLDEN
HERMANN C. VON POST
LEWIS MAY
OLIVER HARRIMAN
ROBERT OLYPHANT
GEORGE F. BAKER
DUDLEY OLCOTT
\.\ I
JOHN A. FONDA, Assistant Treasurer.
WILLIAM P, SANDS, Cashier.
v
GUSTAVUS s. WINSTON. M. D.
lisnoral Agent for
JOHN .w- NICHOLS J" Haven, Stale ol- eonnoclioul‘
SEW—MEQQJAEfiogiatipp‘ BEEQK’LE: X: .
. “A,<AwEE4C%S3@35‘“WEW
,
f“.-
rtificate of stock, bond and other obligation held by the Company, and compared the price at which the _
CHARLES R. HENDERSON ’.
on the subject will be furnished by
2;}?
Norwalk Chronicler