Wise County Messenger. (Decatur, Tex.), Vol. 16, No. 738, Ed. 1 Friday, May 31, 1895 Page: 4 of 8
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A
DECATUR, TEXAS,
= DEALERS IN
V.
I am
’means so much m
<
d
In 1837 the amount of pure gold in
Bitters
But this was un.
dervaluing silver. One pound of gold
It Cures
review
bound.
Women’s complaints.
O. L. Thomas, Ag't
)
very distressing cough, the result of4
a
trouble in Dallas, both for yourself
|
silver
For
Supt. J. L. Long, Dallas, Texas.
TEXAS
\
LPA5D
ROuT
PACIFIC
MG FARLAND
\
!
TP
serverely, and, as we think, in
particulars justly, criticised.
‘ Don’t play with P
’greatest gift—heal
and the railroads.
The indications
NORTH
through,
been
many
In our
12:37 p. m.
11:35 a. m.
, which nothing seemed to
until I took Ballard,s Hore.
Kidney and
Troubles,
do so should take advantage of the
liberality of the railroads and of the
Soon
here.
$
with money possesing intrinsic value,
it is,not likely that the experiment will
this week and next briefly to 1
the history of the coinage of the
ey metals in the United States.
local fr’t.
SOUTH BOUND,
through,
local fr’t.
4:04 p. m.
2:05 p. m.
was in existence something to deter- Our money was silver, partly domestic
Buckeye
Mol
Sunbean
Cui
Galvanized Iron
Tanks’
J. M.CARLISLE,
State Superintendent,
further information address
No. 2,
No. 14,
1
b
a
c
f
t
]
i
’trifling ailments n
No. 1,
No. 13,
money of intrinic value and paper
money expressed in terms of the pri-
mary money and representing it, will
New Home, White 4 Ideal Sewing Machines-Large Stock
Buggies.
and partly foreign coins.
In 1834 Congress, in order to
Wind Mills,
Pony & Deering
BINDERS.
Car Lol
FRUIT
Just Reci
THE
MESSENGER.
Published every Friday at
Decatur, Texas.
Entered at the postoffice at Decatur as
Second class mail matter.
HALCOMB BROS.,
Editors and Proprietors.
ONE Dollar a YKaR.
MAY 31,1895.
do not weigh as much as one
dollar.
The war came up in 1861.
only paper money was in use
t
t
th
th
pe
st
be tried in this country. We may the dollar was again changed, this time
regard it as certain that the policy of
PUMPS,
next issue we shall take up the subject
at this point.
Important to Teachers.
Department of Education,
Austin, Tex., May 28, 1895.
To The Teachers of the State:
to 23.22 grains. The amount of pure
)
In I
Poor
following railroads have agreed to give
for the benefit of the State School of
Methods, in Dallas, June 4th to 22nd.
a rate of one fare for the round trip
with a maxium of five dollars, ($5.00):
The Texas & Pacific, the Missouri,
Kansas & Texas, the Gulf, Colorado
& Santa Fe, and the Houston & Tex.
changed. Thus the ratio became 16
of silver to 1 of geld. (More exactly
15.9810 1. It is spoken of as 16 to
was not worth 16 pounds of silver in
the world's markets. Congress knew
this and purposely placed a high valu-
ation on gold, so as to bring it back to
this country. The object of Congress
was accomplished. Gold came back
Get only the genuine —it ha, crosse•
’ lines on the wrapper. All others ar
stitutes (>n receupt of two ic. stam•
’ will send set of Ten Benutiful ww
Fair Views and book—free.
’ BROWN CHEMICAL CO. BALTIMORE, MO.
mon- but out silver currency departed. Not
John D. Moore, 1 Receivers,
Morgan Jones, J
Ft. Worth, Tex.
COUNTY OFFICIAL
DIRECTORY.
COUNTY OFFICIAL DIRECTORY.
R. F. SPENCER, COUNTY judge.
C. V. TERRELL, county attorney.
J. W. MOORE, SHERIFF.
M. L. HAMILTON, county clerk.
J. C. CASEY, DISTRICT CLERK.
J. C. CALDWELL, treasurer,
C. B. GUNN, TAX COLLECTOR.
WM. SPEAR, TAX ASSESSOR.
J. G. BROWN, COUNTY SURVEYOR.
J. H. WALLACE, com. pre’s 1 & 6.
J. W. BOONE, com. PRE’S 2 & 3.
A. B. RUSSELL, com. pre’s 4 & 5.
8. A. KEEN, COM. pre’s 7 & 8.
a-*
■
’you imagine—ser
’fatal diseases rest
measure of value and as a medium of
exchange. We sought to impress the
fact that in order to serve as a mea-
sure of value it was necessary that
ultimate, or primary, money should it-
self be possessed of intrinsic value.
A piece of paper stamped as a dollar
could have no meaning unless there
wousron
had a unit of value itself possessing
intrinsic value. Whatever theories some
people may hold in regard to the pos.
sibility or expediency of dispensing
Ballard’s Horehound Syrup superior
superior advantages that will be offer. to any other cough medicine I have
maintaining fundamental, primary silver in the silver dollar remained un-
bring gold back to this country, chan,
ged the coinage ratio by making the
gold dollar smaller. The gold dollar
was made to contain 23.2 grains of
pure gold instead of 24.75 as before.
As it depreciated in value our gold
and fractional silver coins had taken
wings and flown across the water.
The only gold in circulation in the
United States was on the Pacific
Coast. Silver dollars had long before
left our shores as stated above.
The war closed. The credit of the
government improved, and gold,
which at one time was quoted as high
as 245 in our paper currency, dropped
at once to 140. In 1870 it had fallen
to about 123. That is, paper money
Our coinage laws began with the
act of 1792 when congress adopted
gold, silver and copper as the money
metals of this country. The ratio
between the gold and silver coins
then established was 15 to 1. That
is, to illustrate, the pure gold in the
part as much as the pure silver in ten
silver dollars. Fractional silver cur.
rency was to be of the same fineness
as dollars. This ratio was suggested
by Alexander Hamilton, then secretary
of the Treasury, and was approved by
Washington and Jefferson. That part
of the law that established this ratio
read as follows:
“See. 9. And be it further enacted,
That there shall be from time to time
struck and coined at said mint coins
of gold, silver and copper of the fol.
lowing denominations, values and
descriptions, viz: Eagles—each to be
of the value of ten dollars or units,
and to contain two hundred and forty,
seven grains and four-eighths of a grain
of pure, or two hundred and seventy
grains of standard gold.
“Dollars or units—each to be of the
value of a Spanish milled dollar as the
same is now current, and to contain
three hundred and seventy.one grams
only did our silver dollars leave us.
nearest point on one of those lines ( '
and buy other tickets at those points , '
and take receipts for money paid for '
them. These receipts must be ap. ' -
proved by the Secretary of the State What A Prominent Insurance
Teacher’s Association of Dallas and j „ v pl Man Says. ,
win wh.. . . . . H. M. Blossom, senior member of
I , when presented to the joint agent H. M. Blossom & Co., 217 N. 3rd St.
ot the roads at Dallas entitle the hold. St. Louis, writes: I had been left with
but our fractional silver coins, being
of the same fineness as the dollars,
also took wings and flew away. This
resulting in great inconvenience by
depriving the people of small
change, Congress in 1853 passed a
law reducing the amount of silver in
fractional coins and limiting the legal
tender quality of such coins to sums
not exceeding $5. Previously they
had possessed unlimited legal tender
quality. Our fractional silver coins
still contain a smaller proportional am.
ount of silver than our silver dollars.
Two silver half dollars, for instance,
ed by this School of Methods.
Hoping that the people who are
interested in the advancement of the
cause of education in this State will -
not be disappointed in this moveinent
for the improvement of the schools,
I am,
Most respectfully,
most penetrating Liniment ever
known. There are numerous white
imitations, which may be recommend-
ed because they pay the seller a great
profit. Beware of these and demand
IBallard’s Snow Liniment. It positive
ly cures Rheumatism, Neuralgia,
Sprains, Bruises, Wounds, Cuts, Sciat.
ic and Inflamatory Rheumatism,
Burns, Scalds, Sore Feet, Contracted
Muscles, Stiff Joints, Old Sores, Pain
n Back, Barb Wire Cuts, Sore Chest
or Throat, and is especially beneficial
n Paralysis. Sold by J. P. Hayter.
eagle was to weigh but one fifteenth
as Central. 1 ickets on the certificate 1 Brown’s
plan will be on sale June 3rd and 4th < -
by the agents of these lines. Good ' ’ | ron
for return after the adjournment of the ' ’ — •nI
State Teacher’s Association on June {.44
the 28th. It is hoped that the other ' ’ )1 ters
Teachers desiring to attend the State '
School of Methods should make care. ' , Dyspepsia,
ful inquiry of the local ticket agents in ' ' Neuralgia,
order to avoid mistakes. Those who Constipation, Bad Blood
live on lines that do not make this
rate should buy local tickets to the
ever known. It never disappoints
Price 50c. Sold by J. P. HAYTER
States is not that of dispensing
with a metallic basis for our money,
but to detemine of what metal or met-
als that basis shall consist. We purpose
, d . Heal
pleased to advise you that the 1
that since the gold in our coins was
worth more as bullion than as money
the gold coins were withdrawn from
circulation, melted down and sold in
foreign countries at a profit of a few
cents on the dollar. Gold ceased to
circulate in this country till 1834.
prevail in this country in the future as I for convenience.)
it has in the past. The great question 3 ’ ' ‘
now before the people of the United
and four-sixteenth parts of a grain
of pure, or four hundred and sixteen
grains of standard silver.”
Standard gold and standard silver
are the metals after being mixed with
alloy to render them harder.
It soon became apparent that the
ratio adopted was not correct, that
is, that it did not correspond with the
relative commercial values of the two
metals. A pound of gold was worth
more than 15 pounds of silver. Short,
ly after this France and other European
countries adopted the ratio of 151-2
as measured in gold, had
appreciated to 81.1 owing
to the improved credit of the govern-
ment. Plans were now considered for
placing the government back on a
specie basis. This was desirable.
Values being expressed in a fluctuating
paper currency, all commercial trans-।
tions were uncertain and all inter-
ests suffered.
The wisdom of getting back to a
specie basis cannot intelligently be
questioned. The means adopted to
accomplish this result and some of
ers to the return privilege.
Please be very careful in purchasing influenza,
your tickets, and in this way avoid relieve, 1
houndsyrup. One bottle completely
cured me. I sent one bottle to my
sister, who had a severe cough, and
pomt to a most she experienced immediate relief. J
successful and largely attended School always recommend this syrup to A
of Methods Every teacher who can friends. 5
John Cranston. 908 Hampshire St.,
Quincy, Ill., writes: I have found
if you
out of B
a: d ge,
hau sted
have ill
and cal
begin ail
ing the J
lie strer
medicint
Brown 11
ters A I
ties carl
comes fl
very first!
wow 7 zta
teeth, a 11
pleasant i
of silver to 1 of gold. The result was its attendant legislation have
Watch This Notice.
number of marks across this
notice indicate the number of weeks until
your subscription expires. Please renew
at once.
TIME TABLE.
Fort Worth & Denver City R. R
Ballard’s Snow Liniment. I
This Liniment is different in com-
position from any other liniment cn f
the market. It is a scientific discov.
ery which results in its being the
Hon. Walter Q. Gresham, Sec-
retary of State, died at Washington
Tuesday, the 28th inst. at 1:15 a. m.
He had been sick since May 1 with
pleurisy, the disease becoming com-
plicated later with pneumonia. His
sickness resulted from over applica-
tion to the arduous duties of his office.
He was 63 years of age. The funeral
was observed with imposing ceremo-
nies at Washington, and the remains
were accompanied by President Cleve-
land and the Cabinet to Chicago where
the interment took place yesterday.
It is high time the matter of pro-
viding a market square with hitching
racks was taken in hand by the city
council. The public square is now
fenced in and will not again be avail-
able for the purpose. Delay will only
produce inconvenience. The matter
should receive immediate attention.
THE SILVER QUESTION.
Some Facts Regarding the His-
tory of Money in This Country.
Last week we showed that the
great uses of money were to serve as a
roads of the State will make the same ‘
rate. ,
mine what a dollar is. During the
entire history of our country we have
> Malaria, Nervous aili
I Messenger one dollar a yig
See our clubbing rates. jg*
ve"nO"hs „„o
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Halcomb, H. A. & Halcomb, N. W. Wise County Messenger. (Decatur, Tex.), Vol. 16, No. 738, Ed. 1 Friday, May 31, 1895, newspaper, May 31, 1895; Decatur, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1581133/m1/4/: accessed July 17, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; .