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This newspaper page contains 26 articles. Subscribers can read the full text of each article.
Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Aug 07, 1896
Page
6
EE. CLL of Boston argues that silver has not depreciated in purchasing power, noting 371 grains bought a bushel of wheat in 1873, 1892, and today while wheat prices shifted from about $1 to 58 cents. He asserts silver's value tracks real commodities like food and clothing rather than currency.
In a Post letter Mr D M argues for free and unlimited coinage of silver as a cure for national ills. He questions whether a 53 cent dollar would be worth 100 cents with English cooperation and whether U S bonds and greenbacks derive value from English or American credit.
G. S. H. from South Carver writes that the banker defense by "Justice" misreads the issue. He argues free silver advocates oppose banks of issue, not banks as safekeeping for the people's money, and questions why the government issues money to private corporations who then collect dividends from producers and merchants. Date August 5, 1896.
The article argues that gold clauses exist but enforcement yields judgment in lawful money. It cites legal precedents, notes doubts about metal-specific contracts, and concludes money is a legal instrument defined by law, not nature. It urges lawyers to study England’s decisions and Massachusetts’ stance on monetary contracts.
The excerpt notes the most willing debtor to keep obligations, with Stephen W. Nickerson as treasurer of the Financial Information Co, dated Boston August 5, 1896. The brief item cites commitment and corporate leadership in a financial notice.
George A. McKinnon of Somerville argues against a gold standard position, challenging claims that price is tied to production costs and criticizing the 200-cent dollar. He contends that monetary contraction reduced prices, warns that most money is credit or token, and asserts that under free coinage gold and silver would equalize at a ratio of 16 to 1.
P L Everett argues against adopting the gold standard and defends silver or paper money for savings deposits. He claims silver would not devalue bank savings and that Americans could buy domestically with silver, benefiting workers while foreign banks resist a silver economy. He notes England and other nations rely on gold, but U S can be self sustaining and limit foreign purchases. August 2, 1896.
A reader argues for free coinage of silver to curb English price setting and boost American prosperity. He notes the 1873 crime and current gold scarcity, dismisses global dollar parity as unnecessary, and portrays the silver issue as class conflict favoring the poor workingman over capitalists. He predicts William Jennings Bryan as next president.
The notice proclaims the Roxbury paper as the people’s, highlighting its stance and circulation. J Vaughn signs the Aug 2 notice, reflecting the paper’s local, community role and printed discourse.
In Boston August 4 1896 a writer argues that prosperity did not follow the Sherman act repeal and warns that free silver at 30 12 to 1 risks national ruin. He notes the subsequent tariff and revenue issues and questions silver advocates plan to revert to gold and employment outcomes.
A Boston letter from August 4 1896 argues for a people’s money over gold or silver standards. It condemns gold advocates as cornering markets through syndicates and warns against bankers’ influence. The piece urges common toilers to demand a monetary system benefiting debtors and the average citizen.
In February 1873 conspirators in Washington demonetized silver, removing it from legal tender above five dollars and shrinking circulation by 250 million. A Bankers Journal table shows firm liabilities across years, highlighting massive losses as currency contracted from 47 to 12 per capita. The piece argues these failures justify a gold standard and criticize bankers and monopolists.
Warren F. Putnam, former Granite State National Bank of Exeter president now serving five years in state prison, releases a long statement denying criminal conduct. He details events leading to the bank’s suspension, blames the cashier for hampering his efforts, and laments his ruined reputation and harsh treatment in prison.
Sir, the letter argues the silver remonetization movement is not new, tracing global efforts since 1873. It notes commissions, con ferences in Paris 1878 and 1881, bimetallism debates, and laws restricting gold and silver payments, concluding the United States should restore silver to pre-1873 status. Cathal Ua Burcays Cambridge, Aug. 4, 1896.
A fragment notes that many say the post 1873 policy or event will bring ruin to workingmen, signaling concern over economic impact and social consequences. The text hints at debate about consequences for laborers without detailing specific measures or outcomes.
Judge Dewey of the Municipal Court discharged Hathaway Oliver and Davis on the complaint of conspiracy in the H A Davis Stock Company case. The ruling found no direct evidence of a conspiracy among the defendants or proof of intent not to pay for goods bought on credit, thus releasing all defendants.
Judges at Savin Hill Yacht Club ruled in favor of the Ida J in the protest against the Emma C. The Sphinx protest against the Fantasy was rejected. No decision was reached in the Jack Tar versus Spinster case. The regatta with these protests took place last Saturday.
Boyd Harley & Co. carpet dealers at 1122 Market street filed an assignment for the benefit of creditors. The firm’s liabilities total about 250000 dollars while assets are about 350000 dollars.
The Plymouth Steamboat Company enlarges service by placing an annex steamer for Union Station East Boston and Chelsea patrons. The vessel departs White Wharf at 9:15 a.m. on weekdays, linking with Plymouth’s regular steamer. The facility is praised as a liberal move for out of town travelers, with the wharf near Union station and ferries.
Edward Preble of Blue Cliff road sues Mrs. Celina Ransom wife of Chauncey Ransom president of Standard Publishing Co of Boston for 10000 damages alleging she slandered him by saying he had a wife and children in Paris at the time of his marriage to Miss Caroline Pelham. The couple have denied the accusations, with Ransom stating the reports are false and referring inquiries to his Boston attorney Samuel L. Parsons.
The bride asked Mrs Ransom about gossip regarding Mr Preble. Mrs Ransom repeated a rumor that Preble may have a wife and children in Paris, reflecting a local whisper in Newton Centre.
Boston Street Department Seer Division invites sealed proposals for sewer work on Wilder street Ward 20. Documents available from Superintendent of Streets Office City Hall Room 47. Proposals due 12 m Wednesday August 12 1896 with $100 certified check and performance bond. City reserves right to reject all bids. Benj W Wells Superintendent of Streets. Boston Aug 5 1896 price 26 dollars.
Office of Custodian Boston announces sealed proposals due Aug 17 1896 at 2 pm for manufacturing and placing a circular distributing case. Drawings and specifications available on request. Treasury reserves right to reject all bids and waive defects. Jeremiah H. Coveney Custodian.
A warrant in insolvency has issued against GEORGE A MEAD of Boston. Creditors must prove debts and elect assignees at the Court of Insolvency on September 25, 1896, at 2 PM at the Court House Pemberton Square Boston. Fred H. Shavey, Deputy Sheriff, Messenger.
Commonwealth of Massachusetts notices the insolvency of Charles W McFarlane doing business as the Golden Ball Bicycle Co in Suffolk. Creditors must prove debts and may appoint assignees at the insolvency court in Boston on September 4, 1896 at 2 PM. delivery of property or payment to the debtor is forbidden. Deputy Sheriff John F Keley oversees.
Third meeting of creditors in the insolvent case of James M Burr of Boston Suffolk to be held at the Court of Insolvency in Boston on September eleventh at ten o clock in the forenoon Assignee Frederick W Fancher 42 Court street Boston will present accounts and creditors may prove claims
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