The Texas Miner, Volume 1, Number 15, April 28, 1894 Page: 3
16 p. : ill. ; 32 cm.View a full description of this newspaper.
Extracted Text
The following text was automatically extracted from the image on this page using optical character recognition software:
THE TEXAS MINER.
WEIGHT OF COAL.
THE weight of Indiana coal varies from 7 1 pounds to 85 pounds
per cubic foot, with an average of 79 pounds. It contains
fixed carbon varying from 40 per cent, to 65 per cent., averaging
55 percent. Gas from 33 to 53, averaging 41. Ash from 1.50
percent, to 19.50 per cent., averaging 5.00 per cent. Water
from 2.00 to 6.00, averaging 3.00 per cent. It produces from
42.00 to 65.00 per cent, of coke, averaging 58.00 per cent. It
is as generally free from sulphur as that produced in any other
state—[Exchange.
Thurber coal weighs 87 1-2 pounds to the cubic foot.
ANOTHER BOND ISSUE.
THE understanding among those most in the confidence of the
Administration is that there is to be a bond issue early in the
summer.
It is said that the chief purpose of Mr. Carlisle's recent visit to
New York was to sound the bankers there as to the prospects of
the bonds being taken on the same terms as the recent fifty-
million issue.—[Financial News.
Well, if they issue more bonds at the demand of Wall street it
will only be "another nail in their coffin."
THEY WILL ALL COME TO IT.
PLANS for raising the price of silver are being presented to
the Imperial Currency Commission now sitting in Berlin.
Most of the plans submitted contemplate the issue of silver cer-
tificates against silver deposits, and a periodical revision of the
purchase and sale prices by the contracting states. One of the
plans, which appears to find most favor with the German finan-
cial officials, proposes the use of the certificates issued to pay
customs duties, taxes and tolls. Judging from the rather guard-
ed expressions of the German officials, the Berlin government is
inclined to favor an arrangement about on those lines as a con-
cession to bimetallism. Nothing like a definite agreement on
any specific plan, however, has yet been arrived at-—[Brad-
street's.
Silver is the money of the people—to demonetize it was a
crime. Cleveland's single standard would help the rich and
oppress the land owner, the laborer. '-We're on to him."
THERE'S A WAY TO GET ¡T, JUDGE.
IJON. George Clark, in his speech at Gonzales, said:
J For myself, I do not care if we do have silver. I would
not care if we had a thousand millions of silver in circulation, if
it be good money, dollar for dollar with any other money. They
say coin it and that will give it full value. If they can guarantee
that, I am with them, but they cannot, and there is the doubt
and danger. I want a dollar worth 100 cents for the laborer
and the millionaire, one that will not defraud labor of it's hire.
Well, Mr. Clark, you are a fair man, and we believe aim to be
just. Suppose we try the free coinage of American silver ?
Bimetallists' views are as likely to be correct as that of the mon-
ometallist. When the creditor classes want a gold basis it must
be they think it is for their interest. It certainly is not because
they think that the debtor classes can pay their debts with less
property—less labor. It certainly is not because they feel a
deep interest that the laborer shall get a dollar instead of one
that is only worth 50 cents. It must be that they want a single
standard of money, because it will increase the value of their
property—viz: Debts due them. Now, Judge, Mr. Cleveland
favors the use only of gold as a legal tender. His personal ef-
forts have demonetized silver. He now wants authority to sell
bonds for gold, in order to keep our silver on a par with gold.
In other words, he denies us the right of free coinage of silver,
with legal tender power, thus making it an article of merchan-
dise and reducing its value, and then wants to sell bonds for
gold and buy silver at a ratio of our coinage, $1.29 an ounce—
first depressing the price, then raising it again by exchanging for
it gold at the present ratio. Judge Clark, at a time, when all
the commercial nations of Europe are going on a gold basis,
when they are all strengthening their munitions of war (and a
huge accumulation of gold they consider the most important
munition), Russia alone in three years has increased her war re-
serve $50,000,000. When gold shipments to this country sends
a shock to values of all property in Europe, when for thirty
years, until the last year, the gold production has been steadily
decreasing, is there not every reason why gold should advance
in value as it has, and is this a propitious time to come to a
gold standard, when our people owe five billion of dollars in
bonds and mortgages ? Is it just, is it honest, is it right to
make them pay those debts in a currency that has been so ap-
preciated in value by a combination of circumstances beyond
their control, and can it have any other effect than to depreciate
the price of property, to make the laboring man more the slave
of the creditor classes ? The cry of the "honest dollar" is a de-
lusion and a fraud. It is not an honest dollar they want, it is a
dishonest gold dollar. It is the same cry that the pickpocket
makes when he joins the crowd and yells "stop thief;" and,
Judge, you're too good a man to join that crowd.
'BESEECHING" FARMERS TO PLANT LESS COTTON.
THE Atlanta Constitution prints the following editorial article:
"The cotton growers of the South have a rare opportunity
within easy grasp to-day if they can only be made to see it and
avail themselves of it.
"The secret of better prices for the next crop lies in a material
reduction of the acreage planted. This is absolutely certain, and
if our farmers ignore the doctrine they must suffer the consequent
punishment.
"It is as plain as two and twro make four that the last three
crops have in the aggregate amounted to overproduction, and
the surplus in any commodity is what most seriously depreciates
the price. Relative scarcity of any article invariably enhances its
value, and, per contra, superabundance lowers its market price."
The above may be all right for Georgia, but we say to our
farmers, plant more cotton, sow more wheat, sow more oats,
plant more corn, plow our beautiful, rich soil deep, and nature
will make us bountiful returns. Raise hogs, raise cattle, let us
feed ourselves in this grand state and take the "shekels" for our
surplus from the rest of the world for our pleasures. The Lord
has endow-ed us with wonderful natural resources. Energy and
industry will utilize them to that extent that we will be, in a de-
cade, the richest state in the Union. We want more railroads.
Don't let us quarrel with the main factor that makes a country
wealthy. Quick transportation gives us cheap freights, low
freights gives us better prices for our products, gives us cheaper
goods, that we must bring into the state. Instead of fighting
railways out of our state, we would like to see railroads cutting us
lengthwise, sidewise and every other wise.
Citizens, don't be fooled about the cry against corporations.
Loud-mouthed, fool politicians make the cry because they think
it is popular. Won't your farm be worth more if a railroad runs
within a mile of it than it will if twenty miles away? Won't your
surplus farm produce bring you more cold cash? Won't they
bring merchants, who will create competition, and thus bring
down profits? Won't they save you days, and sometimes weeks,
of time in going to market? You know this is so; stop short all
this foolish nonsense of fighting railroads, that in this great, wide
expanse of country we need. Ten thousand miles more of rail-
roads would add $100,000,000 to the value of property in this
state. Then, let us act like level-headed men, who love our
glorious state, and want to see it become what nature intended it
should be—the empire state of this great galaxy of states.
The very many compliments paid our little paper by our
friends, personally and by letter, are much appreciated by us..
Our aim and efforts are to make The Miner in every wray worthy.
Upcoming Pages
Here’s what’s next.
Search Inside
This issue can be searched. Note: Results may vary based on the legibility of text within the document.
Tools / Downloads
Get a copy of this page or view the extracted text.
Citing and Sharing
Basic information for referencing this web page. We also provide extended guidance on usage rights, references, copying or embedding.
Reference the current page of this Newspaper.
McAdams, Walter B. The Texas Miner, Volume 1, Number 15, April 28, 1894, newspaper, April 28, 1894; Thurber, Texas. (https://texashistory.unt.edu/ark:/67531/metapth200462/m1/3/: accessed April 30, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Tarleton State University.