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This newspaper page contains 6 articles. Subscribers can read the full text of each article.
Newspaper
Cranbury Press
Location
Cranbury, New Jersey, United States of America
Date
Jul 31, 1896
Page
2
In a discussion of monetary policy, the piece notes South America abandoned the silver standard due to depreciating currencies and speculative losses. It argues foreign capital distrust and self defense pushed these nations toward a gold basis as the path to prosperity, with a hint of British Honduras adopting the gold dollar.
A letter to the editor explains the 16 to 1 free coinage proposal and contrasts it with current policy. It argues silver mining profits would shift from government to mine owners, causing silver depreciation, price increases, and widespread harm to contracts, wages, and land values.
The letter warns that a shift to gold backed security and protectionist policy could collapse credit, ruin merchants, and distress the economy. It blames Democratic governance for rising national debt and argues for high protection and a robust home market to restore prosperity.
A Philadelphia Grocery Worps representative visited South Carolina to assess progress of the tea growing project in operation there. The issue features a detailed description of the South Carolina tea garden, its current progress and the industry’s future. Also covered are the raisin combine collapse, price implications, teaching notes on pure food law enforcement, and a comic exchange on wages and marriage.
July era items report a trotting meeting for August 1 in Burlington county and a damaged watermelon crop threatened by insects. a local boy’s runaway injuries prove fatal. Jail escape attempt by John Reed follows murder conviction. AG Elliot & Co fail with creditors and a protective assignment discussed by MeCarson and J Levering Jones.
The article cites Rev. Charka H. Parkhurst urging young men to seek broad preparation before choosing a trade. It argues gradual, well founded study over rushing into misfit employment and notes that a strong purpose guides one toward fitting work. Local notes commend Chamberlain's Pain Balm and Paw Bell by N F Clayton.
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