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Pledged but to Truth, to Liberty and Law; No Favors Win us and no Fear Shall Awe." M'HENRY, ILLINOIS, WEDNESDAY, OCTOBER 14, 1896. PALL OF PRICES. K«t Due to Appreciation of Gold, But to Cheaper Cost of Production. Hon. David A. Wells, author of "Re­ cent Economic Changes,"' and the greatest American authority on the cause of falling prices, has a full page article on this subject in the New York Tribune of September 7. He finds that there has been a universal fall in juices, averaging 30 or 40 per cent., since 1873, but that it is only in this country that the. fall is attributed to the demoneti­ zation of silver. " Continuing, he saya in part: Granting, as every intelligent person .must, that the recent universal decline in prices cannot be due to any local agency, but must be attributed to some universal influence, it is claimed that such an influence is to be found in an appreciation in the value or purchasing power of goldj owing to its limited and insufficient supply, and also that this decline in prices followed the so-called demonetization of silver in some coun­ tries, and the closing of the mints in other countries to its coinage. The appreciation of gold, helped by an alleged enforced scarcity of silver, and a decline in price seem, therefore, to stand to each other in the relation of cause and effect, and the cause of the advocates of silver has accordingly at the outset much of plausibility. But plausibility is not proof, nor assumption truth, as is strikingly illustrated by the claim of Rev. Jasper, pastor of the First colored church in Richmond, Va., that "the sun do move," and the earth "do stand still," and who has more of seeming facts in support of his faith than can be adduced by the advocates of the gold appreciation theory--for cannot everybody with eyes see the sun move up every morning in the east and move down every evening in the west? And if the earth moves 19 miles every second, as the astronomer bugs tell us, would not every movable thing fly off its surface as mud does from a revolv­ ing carriage wheel? "^\nd as nothing does fly off, is, it not certain thnt the earth stands still? f Investigation in the case of Rev. Jasper and the advocates of the gold ap­ preciation theory will, however, lead to different conclusions. It is to be noted, in the first place, that the advocates of the latter theory, in stating what they assert to be the truth, never express themselves other than generally, in all that has been written or spoken in sup­ port of the gold theory on either side of the Atlantic. No one has ever been able to name a single commodity that has notably de­ clined in price within the last 30 yeara and satisfactorily proved, or even at­ tempted to prove, that such decline was due to the appreciation of gold. And the reason for such default is that it cannot be done. On the other hand, not a single com­ modity that has notably declined in price within this time can be named in respect to which clear, abundant and specific evidence cannot be adduced in proof that this decline has been due to decreased cost of production or distri­ bution or to changes in supply or de­ mand occasioned by wholly fortuitous circumstances. Nobody, furthermore, has ever risen to explain the motive which has im­ pelled the honest sellers of merchan­ dise all over the world during the last 25 years to take lower prices for their goods in the face of an unexampled abundance of capital and remarkably low rates of interest, except for cme or both of two reasons--excess of supply or diminished demand. Has anyone ever attempted to explain how it has happened that during the recent period of the fall of prices the world's stock of money, and especially of silver, has been constantly increasing. Is it not plain that a phenomenal de­ cline of prices in two parts of the world with entirely different monetary condi­ tions, must have had other causes than a demonetization of silver in the United States, which took place, if it ever did, a comparatively short time ago (repeal of the Sherman act in 1893), and which has not prevented nearly $600,000,000 of silver credit money from circulating in the country at its full nominal value? That, the price of labor measured in gold has not declined, but increased in a marked degree everywhere in the civ­ ilized world during the last quarter Of a century, has been already commented on; hence, if the purchasing power of gold has increased during this period a given amountof it would have purchased more labor and not less, or what ia the same thing, wages would have fallen, which they have not done. Measured by the price of labor, gold has unquestionably depreciated, and re­ cent careful examinations indicate that the ratio of its decline has been from 100| in 1873 to 83 in 1S93. Measured also byt the decline in the rate of interest on such established gold-paving securities QS British consols, the ratio has been; from 100 in 1S70 to 75 in in 1896. Can anybody suggest a better measure foij testing this issue? Has any one ever endeavored to ex­ plain how an appreciation of gold has reduced the cost of railroad and water transportation to the extent of more than 75 per cent, within the last 20 years, although the wages of employes have notably advanced during the same period? > If, on the other hand, these reductions were caused bj' the suppression of the free coinage of silver, will not o re­ version of policy enable tie railroads to advance their freight rates and rob the people, as will be claimed, by exact-) ing 50 per cent, more than at present? And will not some supplementary pro* visions tojthe free-coinage act be neces­ sary to prevent their so doing? .... We cannot by law fix the value of either metal or coin, or of any of the articles that enter int»«the wants of life. The great law of demand and supv ply affects the value as it does _ irons*?? copper or zinc. All have fa..en in ket value by means of new discoveries and improved methods of production*-} v Senator Sherman. --J WOMEN IN THE CAMPAIGN. SIMPLE SUMS FOR SILVERITES. Problems Which Can Easily Be Figured Oat by Voters. A farmer raises 1,000 bushels of wheat, for which he now gets $500. With that money he buys various kinds of manufactured goods at low prices. With free coinage at sixteen to one he might get $1,000 for his wheat, but would certainly have to pay nearly twice as much for the goods he would buy. How much would the farmer gain from a cheap money scheme which doubled the price of the things he got in exchange for his wheat? The Sherman silver law of 1890 pro­ vided for the purchase by the govern­ ment of 54,000,000 ounces of silver per year. Under the operation of that law the price of silver, after a short speculative rise, fell steadily^rom $1.16 to 73 cents pei ounce. If the purchase and storage of practically the entire American production of silver could not prevent its price from falling, what reasons are there for believing that the mere act of coining silver into dollars and returning them to the owners of the bullion will double the price of all the silver in the world? A workingmah who depends for his livelihood on the sale of his labor to an employer is now paid two dollars per day in currency based on the gold standard and kept on a parity with gold by our laws. This two dollars will buy a relatively large quantity of necessities. If this country adopts free coinage and goes on to a silver basis, two dollars will buy only one-half as much of the goods the workingman needs. Show how labor would be bene­ fited by a policy which would cut the purchasing power of wages in two? An investor having money to lend was approached by a farmer who want­ ed a loan for the purpose of buying new implements, additional stock and some fertilizers. "If you will let me. have $S00 on the security of my land and buildings," said the farmer, "I will vote for a free silver law which will enable me to pay you back next year in dollars worth half of those you lend rue." State how much money that investor loaned the farmer, also the rate of interest paid. A large number of persons who com­ plained that they were poor decided to enact laws Which would make them U11 rich. As the poverty consisted in the lack of food, clothes, furniture, houses and other forms of wealth, they agreed that instead of producing the things they needed they would set men to work digging silver, which they did not need, out of the Rocky mountains. By so doing they expected that the sup­ ply of other labor products would in some mysterious way be - increased. How much is twice nothing, and how will the changing of silver bullion into coins make more houses, machinery or beef? If the "sound money" vote in Ver­ mont increases the republican major­ ity from 21,000 in 1S92 to 38,000 this year, how long will it take the sixteen to one issue to wipe out the entire demo­ cratic vote in that state?--Wliidden Graham. THINGS MIGHT BE FAR WORSE. Workingnien Would Suffer More Untie* Free Silver. It is a frequent excuse of unthinking mei* for leaning toward free silver that "things can't be.worse than they now are." . This is a mistake. Matters can be very much worse, especially for the workingman. First.--They would be worse if wages were paid in a 53-cent dollar or in a dol­ lar worth less than 100 cents. How­ ever it may be with mine owners and mortgage debtors, men whose capital is their labor are not interested in having the "purchasing power of their dollar" diminished. Second.--Things would be made worse for the 1,732,382 savings bank depositors in this state alone if their $715,032,899 of savings were made pay­ able in depreciated dollars. Third.--Things would be worse for the nearly 1,000,000 pensioners if their monthly stipend were to be paid in 53- cent dollars. Fourth.--Things would be worse for all the millions of beneficiaries of ^tock, mutual and cooperative insurance com­ panies and all the 1,745,725 shareholders in building and loan associations if payment were to be made to them in any money less good than the bdst. Fifth.--Things would be worse for everybody in case a panic caused by the prospect of a silver basis.--N. Y. World. - The Tempting "More Money" Scheme. What They Can Do in the Choice of Uni­ versity Trustees and Members of the General Assembly. PUBLISHED EVERY WEDNESDAY BY j What is the True and Logical Reason i You will never find it by reading McKinley and Bryan f booms. Experience proves that the---'great radiatinsr sur- 1 £j;'ce, combined with sufKiient. ornajfientition, and weight £ enough to insure strength and durahihtv. and at. a price to | bring it within the reach ot all, is the TRUE RATIO lor a A successful Heating Stove. - i >~ •' - . ( The Peninsular Stove 3 • '• - • • - -2 Represents the true and logical ratio in the stove line . gj 1 hive a tar(» ,er . iVss)rtinaat of these wonderful stoves M than ever before, and respectfully ask you to call and see g them It is no trouble to show them, they speitfe tor K themselves. . M Now if you are contemplating the purchase of a Cook 2 Stove, R ng * or Heater, don't throw away jour money by S buying an inferior stove. The matter of expense is a , bio g item now to all, and 1 can save von dollars on a stove deal. Respectfully Yours, EDITOR AND PROPRIETOR. The all-absorbing anxiety as to the outcome of the pending campaign has for the time being overshadowed the part, which Illinois women may right­ fully bear in the coming election. ' Up to the present time the organized effort of republican women in the state has been mainly directed toward insur­ ing the election of Maj. McKinley, who stands fpr every cardinal principle of the republican faith; to.the return of "sound money" republicans to con­ gress and, finally, to the election of the entire state, ticket. Opportunity invol ves responsibility-- woman's work in Illnois may not be re­ stricted as is her ballot. There are many ways by which, in the most unob­ trusive and womanly manner,, women may influence and augment the national and state vote, even if they themselves may not deposit the full ballot. This year three university trustees aTe to be elected and women may vote for these officers. Like many another duty this has been imposed with or without their assent. Like any other duty of citizenship it should be per­ formed conscientiously. The university at Champaign sup­ ported by taxation as it is should re­ ceive as well the moral support of the people. Since its governing board is entirely elective from its three ex-of­ ficio members-- the governor, presi­ dent of state boord of agriculture and superintendentof public instruction - to the nine trustees-- three of wr.bom are elected at every state election for a term of six years>-- it appears that the real responsibility of the proper ad­ ministration of its affairs rests upon tire people who elect so that the women of the state really share this respon­ sibility in a direct way in so far as that they may vote for the trustees and indirectly by influencing in every consistent way the election of the ex-officio members of the board of trustees as well as that of the repub­ lican candidates for the general assembly. Republican women are urged'to per­ fect county, township and district or­ ganization, with a view of influencing a full vote for the national and state ticket and especially to call out a full vote by women for the three candidates for university trustees--Mary Tur­ ner Carriel, Thomas ,T. Smith and Francis M. McKay. WOMEN'S REPUBLICAN STATE CEN­ TRAL COMMITTEE. Mrs. L. Brace Shattuck, Chairman. Mrs. Kilburn Harwood, Vice Chairman. Mrs. James Frake, Secretary. First district, Mrs. L. Brace Shattuck, Chicago. Second district, Mrs. E. W. Adkinson, Chicapo. Third district, Mrs. Charles Hinckley, Chicago. Fourth district, Mrs. John H. Tait, Chi­ cago. Fifth district, Mrs. James Frake, Chi­ cago. Sixth district, Mrs. Elizabeth W. Ship- pen, Chicago. Seventh district, Mrs. Charles E. Affeld, Chicago. Eighth district, Mrs. Edward Poole, Au­ rora. Ninth district, Mrs. D. H. Law, Dixon. Tenth district, Mrs. Fanny M. Worthlng- ton. Sterling. Eleventh district, Mrs. W. H. Jenkins, Pontiac. Twelfth district, Mrs. S. M. Bradford, Peotone. . Thirteenth districts/Mrs. Sue A. Pike Sanders, Blooming-ton. Fourteenth district, Mrs. Wilbur C. AL- vord. Peoria. | Fifteenth district,! Mrs. J. R. Webster, Monmouth. - \ Sixteenth district, \Mrs. James H. Dan- skin, Jacksonville. \ Seventeenth district! Mrs. Kilburn Har­ wood, Decatur. Eighteenth district, Mrs. Belle A. Whit- worth, Moweaqua. Nineteenth district, Mrs. Mary McCauley, Olney. \ Twentieth district, Miss Estelle Ramsey, Oskaloosa. Twenty-first district, Mrs. Carrie Alex­ ander, Belleville. Twenty-second district, Mrs. Sarah E. Hannan, Cairo. At Large--Mrs. Ida M. Dempcy, Chicago. Mrs. Mary A. Kepninger, Carlinville. Miss Kate Smith, Lanesville. Mrs. Elizabeth F. Wilson, Peoria. Mrs. Augusta Levi, Chicago. Mrs. L. L. Morrison, Lincoln. Mrs. Millie Jackson, Salem. . Mrs. Mary E. Sykcs, Monmouth. Mrs. Edward Roby, Chicago. Mrs. Mary Kennedy Brown, Chicago. Mrs. Flo Jamieson Miller, Monticello. Mrs. Marion Foster Washburne, Chicago. OFFICE IN THE /NICHOLS BLOCK. Two Doors North of t'erry & Owen's Stor«, Stirring Appeal by Senator ForaUer, of Ohio, to tho Voters of IUinois--He Arouses the Patriotism of an Audience of 15,000 iii Advocacy of John R. Tan­ ner for Governor. TERMS OF SUBSCRIPTION: . One year (in ailvaaCe),.......* f 1 60 If Not Paid within Three Months. .. ,no si-, Subscription* receive" tor three or six months in the same proportion. FV L. MCOMBER, West S'de Hardware Store, i^JULIA A. STORY, DEALKR IN BUSINESS CAKDS L. N. WOOD, M D. PH YS1CI AN AND SI1 I G EON, Cilice at G W llesiey'b Drug Stoie. Office iiourg, 9 LO 11 A M , and 2 TOT P M. Residence over Barbihn Bros , M( Benry. Ill O, H. JTKGERS, M, D- (UY3I01AN AND SURGEON, McHenry Ills. Office ftt Residence. J03, L. ABT, M. D. PHYSICIAN, SURGEON AND OCULIST, Office in Nichols 111 ck, over Plainaealer Office. McHeury Telephone No 4 CONSTANTLY ON HAND. PULL LTNK OF PATENT MEDICINES, TOILET ARTICLES, Stationery and Druggists' Sundries. Surjgeon Dentist, WEST HCHENKY, III. Cffirc in rear of G W Rosley's Drug Store .all work guaranteed. DR. A. E. A^RINGER, iiysims nescripiiimsj Carefully compounded by a Tour Patronage is respectfully solicited --JULIA A, STORY Onfl Donr West of RiverHde Pnutie, McfJertry, 111 PHYSICIAN ANDSURGEON. Office in the Stroner building, one door wen of A. P. Bier's sture, West McUenry, 111. Residence, house formerly occupied by Dr. Osborne, Alt professional ealls promptly at­ tended to. J. B HOWE, M. D, PHYSICIAN AND SUliGEON. Cffi.ie and Ucoiuence, Hotel Woodstock. Office hours 1 to 2 p. M. daily, tails promptly at­ tended to Deserving poor treuteu tree oi charge at office, including meuicine Monday and Eridty. DOWN! DOWN! DOWN! WHAT? Watch and Jewelry F. C. COLBY, D. D. S. DENTIST, Woodstock, 111. Special aten-tion paid lo regulating children's teeth, Parties coming from a distance will flo well to give timely notice by mail, Office, Kendal block corner Alain street ami I'uuliobii are FRANK L. SHEPARD, OUNSELLOR AT LAW. Suite 804--132 1 Cla k St., Chicago; OF ALL KINDS. From now "litil further notice wo will orive you the following LOW PRICES and warrant everything first class. Main Springs, the best, warranted, and put in while you wait, 50 cents. Cleaning all kinds of watches, 50 cents. Watch Crystals 10 cents each; when in connection with other work, free. All ordinary balance Staffs, complete, $1. No charge for clean­ ing at same time. Eight-Day Clocks, $2.75. C. P. BARNES TTORNE?, Solicitor, and, Counselor, . Collectlonsia specialty. "WOODSTOCK, ILLINOIS. KNIGHT & BROWN, TTORNKYS AT LAW. U. 8. Express Oo.'fc . Building, 87 and S3 Washington St. CHICAGO, ILL. JQHU P. SWIITH, Watchmaker & Jeweler McHEMRY. ILLINOIS. A FINE stock ot Clocks, Watches and Jew­elry always on hand. Special attention given to repairing fine watehos. Give me a call. JOHN P- SMJTB. KEEP UP THE FIGHT. We also have a largo and well selected stock of Watches, Clocks. Jewelry, Silver and Pljted ware, to which we invite your atten­ tion. confident we can save you money. Come and see us. Before buying be sure and -ee the NEW NOISELESS WHEELER & V\ ILSON SEWING MACHINE, at our store. W. A. CRISTY, Justice oi tlie Peace. WEST McHENRY, ILL. Special Attention p*id to Collections. NEMAN & SCHNEIDER McHenry, July 34, H. Cv W!£ADr Justice of the Peace and General Jn surance Agt-nt jncluding Accident and Life Insurance. WEST MCUENRT, II^. THE McHENRY J. H. MILLER. Prop'r All kinds of Cemetery Work at Lo# Prices A FULL LIKE OF FINISHED WORK CONSTANTLY ON HAND. There would be a scramble to pick up the promise did they not see the string to it. Silver, Copper, and Then Paper. The owners of copper mines need not be elated with the idea that the argu­ ment for cheap silver dollars is a still better argument for cheaper copper dollars. We shall not drop to a copper basis. The ultimate resting place for the popocrats is Predetermined in their platform assertion of the right of tha government to issue legal tender paper notes. That is the cheap money para­ dise into which all the advocates of re­ pudiation are logically drawn. Don't Go It Blind. l*he man who cannot see just how the free coinage of silver is going to in- [ crease the number of dollars in hi* pocket should not vote for it. McHENRY, ILL NOTICE All you men and boys that want to "