able less than 6 per cent.
- money thz. 11
4
1:11.: Interest- Barometer.
It will pay silv crites who want cheap
money—that is, money at low rates of
interest—to study the rates of interest
charged in- gold and silver standard
countries and to compare the average
rates of interest on certain classes of
loans in sound money states, which‘
..never favor repudiation, and in states
which favor free coinage and which
sometimes favor repudiation of debts...
It is difficult to get exact figures of in-
terest rates in different states and coun-
tries, but the statistics obtainable are
not favorable for the farmer who votes
for free" silver with the expectation that
it would enable him to borrow money
at low rates of interest.
:Aocording . to the last census, the
average rate of interest. on farm mort-
gages 'in 1890 was 7.36 per cent. The
rate has undoubtedly declined since
then, except, perhaps, .in certain states
' which are voting and legislating against
capital. The rate is also higher than
that on most other classes of securities.
It is probable that the average rate of
interest in this country is now consider~
In England,
France, Germany and many other gold
standard countries it is undoubtedly less
than 5 per cent. We have, however, put
the rate on the barometer at 6—per cent.
In Mexico, Central and South Amer-
ican countries and in most other coun-
tries on a silver basis the rates of inter—
est will probably average more rather
than less than 10 per cent. Statistics on
ordinary loans on farm mortgages are
not available for comparison in these
countries. Perhaps the best available
STA/yo STA/1,0
'6' 0 a o a
Q COUNTRIES o ”COUNTRIES 0
l5 m I5
Ill
l3
l2
IN TEREST ON CAPITAL
Fisher and published in August, 1896,
by the American Economic association.
These show only market or bank rates
of interest in London, Berlin, Paris,
‘New York, Calcutta, Tokyo and Shang-
hai for a series of years, and of course
these are far below the average rates.-
Professor Fisher finds that the average
bank rate of interest from 1875 to 1879
was 3.8 per cent in the four gold stand-
ard countries and 10.1 per cent in the
three silver standard countries. In sil-
ver standard countries the rate had fallen
but little, the average for 1870-4 being
10.7 per cent. In gold standard coun—
tries the rate had fallen over 25 per‘
cent, or from 5.2 in 1870-4. These facts
tend to show that there is some good
reason why' interest is lower in gold
standard countries. They are confirmed
by the further facts that many large
loans and some small ones made in sil-
ver standard countries are. made pay-
able in gold and at rates of interest far
below tho-so priz' Iailing. One of the al-
leged ma «111s why Japan has changed
from asilvcr to a gold basis is to obtain
lower rates of interest on loans which
she wish rd to negotiate.
'I‘heic is more in this so bgect of cheap
some silvcrites dream of.
The best n: "11'- .ey' is in fact, the cheapest.
If the 1.3.0.1 er thi 1‘1111 s otherwise, let
him have his I heap money and pay the
increased rates of interest charged for it.
~—Byron W, Holt.
5" The National Financial School.
The National Financial school is
the name of an organization which is
making some headway in the middle
northern sh. tes and puhaps also in oth-
or sections Of the country. Its ostensi—
ble object is to conduct nonpartisan
study of American finance. Its pros-
pcctus. however, contains some expres-
sionssux 11 as ‘1‘1estoration of a thorough-
ly American financial policy, ” which
indicates the real object of the pro-
meters.
extended into Boone county, Indy,
where seven financial schools bésides
the “advance school” and the “county
,sohool” are now in opeiaticn. each 'w‘ith
presidents, secretaries, instructors and
directors.
Those financial schools should be en-
couraged by all sound money men and
organizaitons. There is no more cer-
tain. way of ridding the country of
the 16-to-1-er than by educating the
voters 011 the money question. If the
schools are real schools and not merely
lecture'rooms, there cannot be too many'
of them. As they are nonpartisan, books
and literature on both sides of the sil-
ver question should be provided for
their use.
52 William street, New York city, of-
fers to so ad free of charge a limited
supply of literature to the. oflicers of
any of these schools asking for same
Send for its literature and be ready to
vote intelligently 011 this question should
it be up for settlement at the next con-
gressional and presidential elections.
' 'Anotlier Blow For Silver.
The Peruvian government in April
, suspended the coinage of silver and de-
cided to prohibit its importation after
May 10. It is probable that Peru wish-
ed to borrow money and that she could
not do so while on a silver basis with-
out paying very high rates of interest.
The Shylocks of Europe refused to loan
at low rates-and to» take chances of los—
ing more by the depreciation of silver
than they would gain from the interest.
011, these wicked, grasping Shylocks
who refuse to loan money at a loss!
V.
are those prepared by Professor Irving .
The crganizalion was recently
In this connection the sound
. currency committee of the Reform club,
NURWALK SPEAKS.
Mean What They Say.
A great work IS going on in Norwalk.
Quietly, steadily and successfully a
powerful f01 oe is exerting itself for the
good of the people.
When it is was announced that the
great medicine, California Catarrh
Cure, which is, without question, the
greatest remedy for catarrhal trouble
ever compounded, was to be oifered to
N orwalk, the number of people who
turned out and admitted themselves
victims of this obstinate and hitherto
incurable disease, was astonishing.
They came in 8001 es,a and unhesitating—
1y announced that they suffer ed, and
had for y eais hopelessly sufl'er ed, from
hawking, hemming, bad breath, slime
in the thr oat, d1? opping of offensive
matter into the throat, headaches, gag-
ging choking. nausea, stufi'ed feeling,
and increasing deafness.
catarrh 1n evel y form, fr om acute at-
tacks that can be cured in a week, to
the worst cases of ch1 onic catar',1h the
most persistent disease in the w o11,d
that v ields to nothing but California
Catar 1' h Cur e.
Already its wonderful cures are be-
ing talked of 1n N orwalk
One of the people who got a bottle of
Califor nia Catarrh Cure at R. H. Plais-
ted’ s on that memorable 18th of Decem:a
her, was M1. D. C. C1 aft, 11 East ave-
nue, East N01 walk. He had long been
troubled with a very annoving form of
cata1"j1h.he tried the gr eat bmedicine,
and we have the result in his own
words. He says: , ‘ I find that Cali-
fornia Catarih Cure has relieved me
very much. It keeps mv head and
th1 out much clea1 e1 than they hav e
been fora long time, and the relief is
wonderful. Anyone suffer mg from oa-
tarrh 1n any form will surelyb find it an
excellent remedy. It relieves at once.
and I believe the 1 esult is permanent.’
California Catarrh Cure is sold by all
dealers for 500., three times as much
for one dollar. In case of hay fever
California Catairh Cu1e gives immedi-
ate relief, and if used in season it will
entirely prev cut the malad1.
AN EMPEROR’S LIUQTACHE’TRAINER.
An Invention to Keé enhance Adorn-
ment in Fine Shape.
The noblest sons of Germany devote
their best energies to cultivating mus-
taches. The Emperor William sets
them an example.
His Majesty possesses the newest
and ost successful mustache trainer
in Ge any. It is an arrangement di-
vided 1:1 the center by a buckle. On
each side of the buckle is a strip of
ribbon, lined with pink netting, per-
mitting ventilation. At the end of
each ribbon is a tiny comb.
His Majesty’s valet places the
buckle in the centre of His Majesty‘s
mustache and combs the ends of the
imperial mustache toward His Majes-
ty’s ears. The endooftheribboncan
;then be fastened by pieces of“- elastic
to the ears. The little combs lie down
and cause no annoyance.
The mustache trainer can be worn
all night, and if the whiskers are long
enough, the result is sure to be most
warlike and impressive. The Emperor
has a very fine mustache. The ends
are long and sharp and point toward
his ears as straight and stifiiy as if
they were made of steel. They might
perhaps have been turned in that di-
rection by a very strong and steady
wind blowing in his face. In any casr
they are thoroughly emblematic of 111::
swift and energetic nature.
His Majesty uses the mustache cu}
tivator not onlv in the retirement 0
his private apartments. He carrie-
one in his pocket, and whenever the
hairy decoration threatens to (loco-p o»:
to fall into disorder he takes out tlr
little machine and restores it to per
foot symmetry—New York Journal.
“'omen as Artistic Bookbinder-s.
“'omen are constantly finding new
avenues of employment open to them.
but bookbinding'is one which has been
taken up with great interest and very
satisfactory remuneration by cultivat-
ed women in England. In old times the
.nuns did this sort of work very suc-
cessfully, and, beside binding their re-
ligious books, they embroidered the
covers and painted the margins. Some
of the practical work in bookbinding
has been done by women for some
time, but now it is the artistic side
which engages their attention. The
adornment of the book and the art of
representing the sentiment of the in-
side on the cover is one which requires
training and study, expensive lessons,
and the purchase of. expensive tools.
Original designs bring good prices, so
the successful bookbinder must be an
artist in her line of work.
”New York has one woman who has
thoroughly studied the subject in both
London and America, being prompted
to do so simply by her love for books
and - not for any money which she
might make out of it. She has one pu-
pil, so she cannot long claim the dis-
tinction of being the only woman do-
lug artistic bookbinding here—New
’York Sun.
The Dog Carries an Umbrella.
(311 a quiet little thoroughfare letting
off of St. Charles avenue, New Or-
'eans, there might have been seen dur—
ing the heavy rain the other day, a big
spread umbrella in his mouth, his drip-
ping tail Sticking out from under and
wagging complacently. ' -.
Investigation reveal-ed the fact that
there was a little girl under the -um-
brella with the dog, and the two were
tripping along most amicably. “My name
is Marie,” said the little maid upon be
ing questioned, “and this is Beaure-
gard, my very own dog. Yes, Beaury
'gocs to school with me. 'I go to the
kindergarten, you know, and he al-
ways carries the umbrella if it’s rain-
ing, because I can’t, you see, .and he
can.”
And the big umbrella sheltering the
two friends passed on.
Ami in No Uncertain Tone—People
They had '
I\f
/,
<3
i
THE E v E N 1N1} ' ‘GA Z E “'1' 'T' E
T H 5‘ EVEN IN C G {. Z‘ETT
CHECKER-BOARD BUSINESS DIRECTORY.
NASH 11113001
NORWALK
Fire Insurance III}.
In Successful Oper-
ation Since 1860,
No Outstandino Claims.
Safes For lle'nl-
'VALIIABLES stony
IN
Safe Deposit Vault
013‘ THE
NATIONAL BANK '
0F NORWALK.
GAZETTE ADS.
BRING
GOOD RESULTS
Ii. Ward Selleck,
BEST Goons.
TEAS and. COFFEES
18 WALL s'r.
Geo. W. Raymond,
DEALER IN
Staple and Fancy
Groceries
AND
Provisions
No.9 IIIaIn St.
Frank '1‘. Hyatt
DENTIST,
8 West Avenue.
—'Dealer's in—
030011111111, CHINA AND
GLASS WARE.
PLUMBING. STEAM
AID GAS FITTING.
Cor. Main & West ts
80. NORWALK. CT
£13:
£1
Edgar Buttery,
N u rseryman ,
NORWALK, CONN.
Trees. shrubs and
Plants. strawberry
Plants 3. Specialty.
Brandy Wine. Rio and
Marshel. 30 other
Varieties.
Office, 6 Water St
Nurs’ ys, B1 oad River.
PIEL BROS’.
Real German Lager ,
On draught
and in Battles.
—'AT—-—
BATGHFOBD’S,
4-4- ' Main Street-
“stunner:
Furniture or other
articles taken in
storage by the week,
month or year at low
rates. For terms ap-
ply to—
S. B. WI LSO N
Builder. 92 Wall St-
Norwalk. Conn.
ENTERPRISE
Bottling Works,
7 Wall Street...
Ell! AlES All) LAC-Ell
EXPRESSLY FOB FAM-
ILY USE.
Mail orders receive
prompt attention.
Advertising
IIIIIIT 81 ZELUFF,
Fish, Clams,
Oysters, Fruits
and Vegetables.
69 Washington at .
SOUTH NORWALK.
LOBSTERS CAUGHT OFF
NORWALK ISLANDS.
Leave your orders and
have them delivered
everySaturdav.a. m.
J
that Pavs
The «SucneSSful Merchants in Nor-
/ .
walk all advertise in The GAZETTE.
because it keeps them in ‘“ touch with
the entire purchasing Community.
shaggy Newfoundland dog carrying a.
DAILY.
PROPELLERS
NewYuI‘and'Nqual Ieigh Line
Oily at Naval. Earle and VII-loan
Will Leave Pier 23, E. R., N.‘ Y. (Beekman St). or
IIIIIIWILK AND SIIII'H NORWALK
ATSP.
M.
Leave South Norwalk Daily, 116 P. M.
Leave Norwalk Tuesday, Thursday and Saturday at 5 P. M.
00' read this advertisement If it had been I!
,. yours and others had read it, how much
good it might have done. Send in your adv. . '
and werwill clothe rest. ‘- Rates on application. ‘ .i '
. ' ‘ , ' ' » 1:" L
EMBOSSING
DONE AT
THIS OFFICE.
Ghas. T. Leonard
Wholesale and Retail
Dealer' in
SEAL, WOOD.
BLUE STOIE MID
MASOIS' BIIILD-
IIB MATERIALS
MANUFACTURER or
CE M EN T P
Office and Yard
33 to 4'1 Water Street.
mm
carpenter
and Builder,
sumo mm mum
76 Franklin Ave. , ‘
NORWALK. CONN.
TRY
man's
SUDA WATER
38 Wall St.
FREDA. WALTER,
ANMAKER OF-
D DEALER
HA KNESH ANg -
HORSE Goons
Repairinglof all kinds '
done at ort notice
Harness made. to or
der :1. specialty
31 MAIN e1.
NORWALK, - - CONN.
PA‘RLOR
BABBEB-a-SHDP,
E. s. LEOBOLD.
4-7 Main Street.
w. H. BYINGTON
INSURANCE.
Hum l. lazelle Iulldlng.
~——————_.
Painting, P3. or
Hanging. K8. semin-
ing and Hardwood
Finishing.
II. L. PLATT,
52 Wilton Avenue,
Norwalk, Conn.
Send for book con-
taining samples.
Job Printinz
or .
EVERY OESGIIIP‘I’IOI
EXECUTED Ar rnu
GAZET'I'E OFFIGE
SCHLEICHER & SON’S
P I
AINIO
i
I
other on the market.
when it
.Ans
comes to
. TONE.
FINISH.
DURABILITY.
STAMP
.RIGHTNESS IN PRCIE.
.-0fficc and Factory, Pacific Street...
91:. M CONN.
There is simply no use comparing this‘ piano WIth any
1;.
I
Norwalk Chronicler