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Newspaper
Carthage Record
Location
Carthage, Indiana, United States of America
Date
Oct 16, 1896
Page
8
The Cleveland Cincinnati Chicago and St. Louis Big Four line lists clocks corrected to June 7 1896 for going north and south. Northbound No 162 passenger No 104 passenger times 11 26 a m 6 16 p m. Southbound No 108 passenger No 105 passenger times 7 56 a m 2 40 p m. J E Campbell agent Carthage Indiana available for further information.
Society notices list events for fraternal and church groups with weekly meetings and services. I O O F lodge announces Tuesday 7 30 pm gatherings at Odd Fellows Hall and invites visitors. Friends’ Church schedules Sabbath preaching at 11 am, mid week Thursday 10 am, prayer Thursday 7 30 pm, Sabbath school 9 45 am, Christian Endeavor 6 pm, Junior Endeavor 3 pm, singing 7 30 pm Friday, teachers meeting 7 pm Wednesday, and a monthly meeting on the first Thursday after the first Saturday each month at 10 am.
The ticket lists President McKinley with Hobart for vice president and state officers led by Governor Mount, with names for secretary of state, auditor, treasurer, attorney general, and supreme court reporter. Appellate judges and congressman, prosecutor, and county positions including clerk, auditor, treasurer, sheriff, surveyor, coroner, and commissioners are named.
Local items report 75c salt price at Henley’s, new 30 piece brass band in Clay City, five Fort Wayne schools closed for diphtheria, Milton chrysanthemum show prep, hog disease near Crown Point, Studebaker brothers to build a large hotel in South Bend, and Eva Johnson offering hats and free trimming. Cumming & Asbury of Clay City assign liabilities 3000 with assets 2000. Also mentions oyster supply, Star Restaurant offerings, and church and legal notices.
The item list covers heirs challenging an estate, prices on butter and salt, a chicken theft case in Shelbyville, a 10 year old boy campaigning for McKinley, and various local events. It notes labor wage cuts in Indiana glass plants, a Richmond race meeting, a church anniversary, a Noblesville plant reopening, and a Ter re Haute or Seymour address. It also includes a long quotation attributed to Ex-President Harrison on currency value and silver and gold.
Those knowing themselves to be indebted to the firm of Nathan C. Binford will please call at the old stand and settle as all notes and accounts will be there for the present. Nathan C. Binford.
Dr Dougan Clark died in Richmond on Saturday at the age of 68 after a full life as a student teacher physician preacher and professor. Born in North Carolina he attended Friends schools and Haverford College then studied medicine at Mary land Penn and Indiana. He practiced medicine in Carthage and Westfield before graduating at Pennsylvania and was ordained a Quaker minister in 1869, a pivotal calling he pursued through travel and church writings.
Lewis N. Dembitz of Louisville Kentucky publishes a 48 page penny pamphlet on the money question. It outlines early monetary history and analyzes free coinage effects on farmers and workers. It argues for informed voting and offers bulk orders from Present Problems Publishing Co New York.
A quoted editorial notes repudiation ruins credit beyond reuse, likening it to crucifixion of credit on a cross of causality and warning that loss of credit is one of the gravest misfortunes for an economy.
The piece profiles James Kitchen of Grayson Kentucky and other western southern advocates who back free silver to reduce debt and cut wage costs. They contend free coinage would raise prices, allowing farm owners to hire labor cheaper and pay with cheaper money, framing the issue as honesty versus policy.
A cautionary note warns farmers with overdue or soon-to-renew mortgages about free coinage. It suggests that while dollars could be cheaper like in Mexico, interest may rise to nearly double current rates or match those in silver standard countries. It urges immediate mortgage payment if possible and to study the issue closely.
Major McKinley’s letter defends gold standard and warns free coinage would hurt farmers and workers. It argues silver dollars would be issued at 58 cents value, harm values, and debase currency. The piece stresses stability, employment, and national safety in monetary policy.
A quotation condemns deceit in national policy, warning that stamping a false price on silver would mark the first step away from truth and honor in the United States. The remark frames honesty as essential to national character and prosperity.
Rourke Cochran critiques Bryan's call as a naked attack on the people and republican rule. He argues that if Bryan is lying, he is a demagogue. if truthful, the government of the people by the people for foreign lenders must perish.
Senator Lodge explains why the dollar is kept as a limited gold backed coin. He notes Mexican and French coins carry different silver content and contrasts gold standard nations with silver standard ones. He argues gold exits free coinage nations while both metals circulate in gold standard countries.
Farmers complain of markets displacement while free silver would raise prices, enlarging the money supply and wages in city and factory towns. Higher prices for goods could boost selling power for workers, enabling them to buy more with earnings. This view argues inflation benefits labor by increasing nominal incomes and reducing real debt burdens.
The passage argues for gold standard as stable value and warns against fiat money and policies that benefit government backed wealth. It contrasts positions on gold versus silver, endorsing hard money and opposing flexible silver coinage. It notes fears of financial panic from debtors and creditors depending on policy.
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