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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Oct 20, 1896
Page
6
The Post opens its columns to readers to discuss the gold and silver question shaping the upcoming presidential campaign. The Gold Bug Silver Bug and Strad Ple Bug are invited to present views with a single editor request to observe parliamentary rules and avoid personal abuse.
A Cambridgeport reader argues against free coinage at 16 to 1, warning that international agreement harms the Monroe Doctrine. He contends England would resist bimetallism, explains silver and gold dynamics, and critiques McKinnon and Bryan era claims with historical data.
A letter argues against free coinage of silver, calling Sir Henry Hicks Gibbs and George Mulhall unreliable sources. It maintains no nation has acted as monetary Ajax for silver, and asserts McKinnon’s 100 percent increase theory is unfounded speculation rather than fact.
In a Boston letter dated Oct 12 S M Landis MD argues against free silver and outlines a plan for an equalization tax on individuals with net worth over 500,000 to reduce national debt. He claims government seizure and payment for railroads and telegraphs would trigger a boom.
William Harrison Riley of Townsend Centre Massachusetts accuses Republicans of creating and denouncing fiat money. He blames the party for currency misalignment from 1873 legislation shifting silver dollars toward fiat value and denounces national bank notes as the extreme fiat form tied to taxation.
The third week of the World's Food Fair drew thousands as the Seventh Regiment Band of New Stearns wheel, the Yellow Fellow, drew big crowds. The wheel made a cross country trip in thirteen days from San Francisco on August 25, 1896, to New York on September 7, 1896, with a display of a stamped envelope carried in transit by postmasters and the accompanying envelope.
The well known group opened with classical selections and kept trashy tunes off the programme. Admission prices doubled the value and fans continued to snap up souvenr spoons as the fair’s success grows daily.
Horace B. Shattuck and Son showcase Yesng Fellow bicycles with fifteen singles and two tandems. The display, near Exhibition Halls entrance, features wheels such as Stearns World Centurion and Echo, with guests offered comfortable seating and a plush lounge. E T Valliant leads the exhibit with helpers Herbert Wood and A Forrest Tappan, drawing praise.
The Bay State Gas Company bond and stock holders are asked to submit names and amounts via Attorney's Box 3772. An investigation into the company's standing is planned, aiming to protect holders during a critical period, with concerns about management and receivership actions harming true investors.
Stock and bondholders of the Bay State has te of Delaware are urged to send names and addresses with holdings details to Lawyers, Postoffice Box 50, Boston. Steps are to be taken to verify the company’s true standing, described as potentially one of the most valuable in the United States, with concerted action deemed essential for owners.
Inspectors Knox and Douglass arrested Charles Lee, a Chinaman, after witnesses saw him assault women on Washington street and Temple place. Officers matched his pattern from Saturday, found a large jack-knife on him, and locked him up at police headquarters. Lee denied wrongdoing and refused to reveal his residence.
Division 37 of the Ancient Order of Hibernians held a gala in Monument Hall last evening to honor the safe return of State Treasurer Martin J. Roche. Suffolk County order divisions sent representatives while speakers praised Roche and Irish patriotism. The program included speeches by John F. Fitzgerald and other local leaders alongside musical performances.
In Superior Criminal Court Judge Gaskill disposed of the obscene pictures case against ex Representative Isaac Rosnosky and his bartender Adam M. C. Reynolds. Reynolds paid a $100 fine after stating he would not contest with the government. Rosnosky’s complaint was not pressed in Municipal Court. both men were fined $100 and appealed. The pictures were kept in a slot machine in Osnosky's barroom on Washington street near Dover. He claimed he had no knowledge of the material.
Jury in the Superior Court returned a verdict for H B Hodgate in the seven day trial against the Grand Trunk Railway Company. Hodgate, a Boston Roxbury resident, testified about ten hours. Attorneys W D Turner H M Hutchings represented the plaintiff and A A Strout T W Proctor the defendant.
Bulls push markets higher amid favorable news with wheat gains and gold imports. Sugar leads gains while Bay State Gas and United Gas show mixed moves. grangers rise on grain movement. Montana dividend approaching as mining and railroad issues surface with adjourned injunction and bank reserve gains.
Official report of sales shows the day’s highest and lowest prices and the closing bid and asked prices.
Edward Hayes Sons and Co of the 517 Exchange Building Boston listed as note brokers in an itemized business notice. The snippet identifies the firm and address without additional context or actions.
The four masted schooner Mary E H G Dow from Newport News to Bangor ran aground at Halibut Ledge entrance to the Penobscot River five miles south of Rockland. It is in an exposed position and likely to break up in a heavy blow. Tug Ralph Ross loaded damage at Rockland and returned. The vessel is insured by Boston Marine Insurance and cargo by the Insurance Company of North America.
Secretary of the Navy approves the Court of Inquiry findings on the Texas grounding at Newport R I last month. Captain Glass is thoroughly vindicated by the court.
Oct 20 record notes sun and moon times and tide details. Arrivals list includes Sachem Walters Belgian King Halfax Parthian etc from Newburyport to ports in Nova Scotia New Brunswick and Philadelphia with towing barges. Cleared ships include Carinthia Michigan Boston Chattahoochee H M Whitney and many schooners and brig Mary Gibbs bound for Yarmouth Fer nandina Philadelphia and more. Outward fleet includes Shawmut N W No 1 Governor Hoyt and several coal and barge movements for Danversport Port Johnson and Newport News.
The New England and Savannah U S Co offers direct Boston connections via Lewis Wharf with Gate City ships on Oct 1 15 29 and Chattahoochee on Oct 8 22. Ocean Steamship Co sails from New Pier 35 North River New York on select days. Freight or passage at 306 207 197 Washington St or Richardson & Barnard 20 Atlantic Ave.
Steamers will depart Pier 1 Lewis wharf Boston every Monday Tuesday Thursday and Friday at 12 noon for Yarmouth Nova Scotia with connections to all parts of Nova Scotia. For information contact J. F. Spinney agent at Lewis wharf or 201 206 and 332 Washington street and 64 Chatham street.
Henry W. Bishop Master in Chancery sets sale for November 17, 1896 at noon at Cook County Courthouse. The Farmers' Loan and Trust Company seeks to liquidate the Chicago and Northern Pacific Railroad properties including blocks in the School Section Addition, related railroad lines, and extensive real and personal property pledged under the first mortgage. Purchase pledges and deposits are required, with conditions on payment, leases, and possible resale if terms are unmet.
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