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Newspaper
Marshall Statesman
Location
Marshall, Michigan, United States of America
Date
Oct 02, 1896
Page
2
Carl Schurz reviews the 1873 demonetization debate showing mixed price effects across crops from 1873 to 1880 and argues the 200-cent dollar did not yet dominate prices. The piece also reports New York woolen mill activity, mill shutdowns, and Wilson bill effects on farm economy.
In 189 W J Bryan, then editor of the Omaha World, outlined views on silver coinage. He supported the Sherman act silver purchases and free coinage of silver at a standard around 100 cents per ounce, proposing a 1 to 1 6 ratio with honest bimetallism. He argued critics were mainly silver mine owners seeking profits.
Senator Vilas ridicules the Chicago convention and silver at length arguing against rural speculators guiding national money policy. Indiana Democrat ex congressman Coun calls the gathering chaotic and warns constitutional finance must remain stable with a fixed gold and silver standard.
Detroit statistics show job losses in Nov 1892 under McKinley tariffs and Sep 1896 under Wilson tariffs, with about 42,000 workers in city industry and 12,000 to 15,000 fewer employed now. The piece argues reduced purchasing power hits farmers and merchants, with land patches for the poor rising as unemployment shifts production to urban households. It cites federal tariff impacts on debt and deficits across administrations.
Democratic writers compare Wilson tariff act revenue to McKinley net, noting figures for two months and Aug totals. They cite sources ending Aug and Sept, highlighting the Wilson bill's passage timing and anticipated duty reductions during the discussion period.
A regional debate cites 24 gold standard countries versus eight silver standard states and questions which civilization represents higher wages and stability. It recounts anecdotes from Mon. S. EB. Grivey on Mexico and China, contrasts wages and currency values, and ends with a promotional interlude for Hood's Pills.
The Canadian Pacific Telegraphers Order strikes shut down operations from Vancouver to St. Marie and beyond, halting most trains. Toronto sees minimal effect with only two workers leaving, while Montreal reports 800 dispatchers and operators halted work in an order that seeks notarial notices for strikers.
Rochester N Y Sept 26 Andrew Watt a plumber and his brother Robert a railroad fireman quarreled in a saloon. Andrew died an hour after being stabbed by Robert who escaped. Watt was 24 and Robert 23. the fatal attack followed a dispute and brief aftermath outside the saloon.
The Standard publishes a testimonial from Th. B. H. Hardwick general manager for Wyle's Pearline of New York City, describing severe sciatic and muscular rheumatism since December, failing medical help, and rapid improvement after using Dr Williams Pink Pills. Additional statements from James Ryan of Troy and others bolster claims, with the pills advertised at 50 cents a box or six for a dollar through doctors or mail order.
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