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Newspaper
Atlantic Weekly Telegraph
Location
Atlantic, Iowa, United States of America
Date
Jul 05, 1893
Page
4
Crawford editor announces terms for ten year subscriptions. Publication notes that the daily Telegraph is issued every evening except Sunday and includes the latest general news and market reports.
President Cleveland calls Congress into extra session on August 7 while opposing silver expansion. He backs repealing unwise laws and denounces the Conger Sherman silver law as essential to maintain US money and circulation. Critics accuse gold advocates and London bankers of undermining tariffs, currency, and farmer interests.
Two days after England halted silver coinage in India, the United States contemplates similar steps. A local contact claims Senator W. S. Cleveland of Harlan has cooled on a governor bid, while Blaine gains favor as a party fix. The Globe notes Grant’s smelter stance and Colorado reductions, and mentions the Indian rupee as a Hindu coin worth thirty cents redeemable in gold. The Mollie Gibson closure is labeled a calamity.
A heated Federal finance dissent argues against shrinking currency and suggests expanding silver coinage. The writer blasts Mr. Cleveland and condemns overreliance on credit paper, urging wider money bases, open mints, and more silver in circulation while criticizing gold standards and inflated prices.
The piece defends Salvation Army workers as zealous, genuine preachers who minister to the poor without regard for fashion or comfort. It cites General Booth on London’s “Darkest England” and argues for supporting their mission rather than hindering it with scorn and insinuations.
The candidate, Hon Joshua Jester, is presented as honest, diligent, and liberal in views. He reportedly earned esteem in the last house and would have support from his party peers if re elected. De Witt's Little Early Risers is advertised as a remedy sold by Palmer and Findley.
The author argues against demonetization and favor free coinage of silver, accusing banks and corporations of controlling money and land. He critiques policy, cites European silver practices, laments land loss, and urges return to monetary independence and republican purity.
A speaker argues for fiat paper currency at about forty to fifty cents per capita to stabilize business, curb booms and panics, and keep Europeans out. They condemn stamping money on gold and silver as relics of barbarism, warn against monarchial patterns, and fear a rise of servile disparity while urging a cash-based system. They conclude by noting they are writing too quickly.
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