Press enter after choosing selection

Silver Coin Cannot Be Forced Into Circulation

Silver Coin Cannot Be Forced Into Circulation image
Parent Issue
Day
22
Month
April
Year
1891
Copyright
Public Domain
OCR Text

Krom the Nt'v Vork Tribuno: Ti' BÍ1vcr producers would take warning from eventa they surely migbt begin to perceive the truth. Silver when coined cannot circuíate beyond about aixty millions, Long ago used, and cannol be used in anyway for redemption of notes. Perpetual Lear that the notes niay sink in value alwaya affecta the markets bo long as such notes are made redeemable in silver coin. Yet the same notes made redeemable in silver buil ion, worth in the market the face value of the notes, would circuíate anywhere, command absolute confidence and afford real use for many millions of silver. Put into the form of coins the silver cannot be so used, is a constant menaee, and tends coustantly to increase the disposition to get and keep gold and to get rid of silver and thus Wlden the breach between the two nietals. When silver producers comprehend this siinple fact they will cast the demagogues, the speculators and fanatics into outer darkness and join with competent business men to settle the question on business principies. The streets are all being scraped and put in good condition. Kev. J. W. Bradshaw and severa! members of his congregation are attending the Congregation al meetings at Dexter to-day. George Gruner, of the iirni of Gruñir & Kuebler has returued from a business trip south, with a pocket full of orders for their goods. A copper kettle as large as the dome on the iiiain building of the University went past this office Saturday on it'a way to the western brewery. Fred Schmid went to Pontiac yesterday to make himself familiar with the needs of the eastern insane asyhini, of whose board he was recently appointed a member. Mrs. Foerster.of Ypsilanti, attempted to warm some kerosene oil over a hot stove. Sbe wül not make a second attempt of the kind, though not burned very badly. The city treasurer of Ypsilanti has been instructed by the council to borrow $1,200 to pay up the indebtedness upou the city water works. It is nice but it is expensive. The Art Festival is now the all absorbing topic in all circles of society here. It is destined to be one of the greatest treats in the art and curio line that Ann Arbor ever had. The school of instruction given by Grand Lecturer Clark, for the benefit of the blue lodges of the eounty last Monday evening, was well attended, and proved a valuable aid to the workers in the mysteries of the order. A brakeman upon a freight train, named Fred Bagly, of Detroit, had his hand badley smashed while coupling cara in the M. C. yards yesterday a. m. Dr. Breakey ainputated a thumb, but tliinks he can save the rest of the hand. The sale of the Cook House to Mr. A. F. Nowlin, of Indiana, the gentleman who recently purchased the Hawkins House at Ypsilanti, is reported, but no papers have been made out therefor as yet. The sale will probably be perfected in a short time. Benjamin Depue, of Superior 1 ship, died Monday, April 20th, aged 79 years, of paralysis and heart-failure. Funeral services will be held to-morrow from the residence. The deceased was one of the old settlers of the county and a highly respected man. The ten cent savings banks have made their appearance, and it is altogether probable that there won't be a dime to be found in town in a few weeks. The bank cannot be opened until there are fifty dimes in it. The usual slaughter house smell is regaling the nostrils.of people at the M. C. Station, and at the 5th ward school house. There are few[cities in Michigan that would allow a row of slaughter houses right under the noses of several hundred of her school children, and in the most conspicous place in the city. W. G. Doty, of tliis city, Kight Eminent Grand Commander Knights Templar jí Michigan, has issued a general dispensation, in accordance with the ritual of the Grand Commandery, to the commanderies of the state to appear in pablic in uniform, on Thursday, the 7th day of May next, Ascensión Day, or on the succeeding Sunday, at theiroption, for the regular religious and commemorative services authorized and sanctioned by the ritual of the order. Ann Arbor deniocracy ought to feel very well indeed toward Gov. W'inans. He has given to this city the Commissioner of Railroads, The Commandant of the Soldier's Home,'thus securing m adjutant in the same institution, a member of the board of control of the Bastero Insane asylum ; then there is the appointment of "Dick Kearns" as chief clerk in the land office, and the list is not complete yet. Then to round oíThis record of favors he secures to Whitmore Lake, Ann Arbor's suhurban health resort on the north, the annual encampment of state troops. So far our suburban health resort down the Hurón lias not secured any great number of the democratie plums. It pays, gentlemen, to be inside the ring. AVIiat bird resembles a ten inonths' old baby? - The creeper.

Article

Subjects
Old News
Ann Arbor Courier