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Newspaper
Warren Ledger
Location
Warren, Pennsylvania, United States of America
Date
Sep 30, 1875
Page
1
In Pennsylvania a broader fight shapes up between bondholders and banks against factories and workers. Tax payers face a last day to vote eligibility, with warnings to arrears. The piece notes political shifts, resignations, and critiques of Grant era officials amid debates on labor vs capital and a Michigan-like national mood.
A Bellefonte Democratic meeting heard Samuel Calvin rail against currency contraction and back Erie nominees Pershing and Piol Jet. Centre County Grangers pledged support, with 3000 attending the picnic as State Secretary Thomas praised the order and opposed national banks. Allentown Herald shifts to Democratic ticket.
The New York Tribune is praised for its financial tutorials while Moody and Sankey are paralleled with political preachers influencing the populace. The piece contrasts simple, earnest speakers with the Tribune’s "cold and elegant" logic, urging readers to heed practical, populist voices over high minded finance.
The paper argues Democrats must win one or two of the three commissioner seats this fall, assigning two of the current nominees to Republicans and criticizing Wheelock for alleged pay abuses. It questions the county’s fiscal handling of jail costs, urges change after seventeen to twenty years of routine, and endorses the Democratic nominees as sure wins. It also critiques Williamsport bond handling and Auditor General Allen’s role, alleging financial manipulation and calling for scrutiny.
Henry Baxter of Cobham Pennsylvania writes about refusing a Republican ticket nomination for Auditor and the rumor mill surrounding county candidates. He explains he asked Cowan to remove his name, notes delays in letters, and mentions county committee tensions and calls for reorganization over taxes and favoritism. He ends with a plea for no name calling and signs off respectfully.
The piece argues that five-twenty bonds purchased 1862–66 yielded high returns when measured in gold, with investors earning substantial percentages as greenbacks fluctuated. It questions Republican policy, urging settlement of principal in greenbacks while keeping interest in gold, and endorses Governor Allen’s reelection with strong Democratic gains in Ohio.
The piece argues hard and piper money men differ little and resumption of specie is a matter of time. It credits the Democratic platform for linking money volume to trade needs and industry, claiming labor and business will vote Democratic. The note mocks the yearly “Business Revival” editorial in Republican papers and asks for a real revival.
In a Sept 23 1875 letter Cyrus L Pershing accepts Erie Democratic nomination for governor. He argues currency policy must balance inflation, gold and silver base, and avoid rapid contraction. He urges honest sinking fund use, open treasurer accounts, and strict public officer accountability to reduce taxation while supporting labor and industry. He notes his continued judicial duties and respect for the party’s principles.
A critique argues that bank hoarding funds harms broader economy. Money sits idle as bankers withhold loans to prop up money’s purchasing power, while commodities fall. Repeal the specie resumption act to restore circulation and revive commerce. The piece denounces hard money advocates and notes political stances on inflation and the gold standard.
A lengthy schedule outlines premiums for best stallions, mares, geldings, and colts across multiple classes including farm horses, cattle, sheep, poultry, and vegetables. It details prize amounts, age categories, and entry requirements for each division, with numerous named breeds and show categories.
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