Texas Mining and Trade Journal, Volume 1, Number 31, Saturday, February 20, 1897 Page: 4
12 p. : ill. ; 34 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 Mining and Trade Journal.
(£exas Xitintn9 an^ (Era^e 30urna^
Owned and Published by T. P. M. & M. Co.
T. EB. IBOS3B, EDITOie -A-OlTX)
SaBSeRIPTlSN RATES:
One Year $1.00
Single Copies * 5 Cts
ADVERTISING RATES MADE KNOWN ON APPLICATION TO THE OFFICE.
Published Every Saturday.
Entered at the Post Office at Thurber. Texas, as Second-Class Mail Matter.
Thurber, Tex.: Saturday, February 20, 1897.
The average American uses more than twice as much cotton as
in 1867, two and a half times as much sugar, 60 per cent, more
coffee, 20 per cent, more tea, and more wheat by one-fifth.
About 40 per cent, less spirituous liquor is used by the average
American, though the consumption of malt liquors has largely
increased.
"These figures mean a higher degree of comfort and lighter
burdons for our citizens than fell to their lot in the year 1867.
If prosperity is laking at this moment the reason must be tem-
porary and superficial. The United States, in the fundamental
conditions that govern business in the long run, makes an ex-
hibit that justifies a cheerful spirit and buoyant hopes. The
country is moving along its orbit, with no signs of changes ex-
cept of the usual progressive kind."
OUR WASHINGTON LETTER.
TO THE CRAFT:
Having resigned my position as editor and manager of the Tex-
as Mining and Trtde Journal (not by request, either), I am open
for engagements. Am a practical printer—at least, enjoy that repu-
tation—as well as that of being an "all 'round newspaper man." If
you can use me, address me for ihe present at Thurber, and if I'm
not here, my mail will be forwarded. Yours 10-derly,
WALTER B. McADAMS.
(From Our Regular Correspondlnt.)
thirty years after.
T MIGHT inferred from much of the talk heard in these
days that the United States is pursuing a downward course,
and that a comparison of the present with the past would
give many íeasons for discouragement, says the Globe-
Democrat. "The reverse of this idea is true, after admitting
that the country for four years has been passing through an un-
satisfactory administration. The memory of a majority of men
reaches back to the year 1867. That was a flush year at the
end of the war. The Government had paid out immense sums
in closing up military accounts, and hundreds of thousands of
soldiers had received payment in full. It is, therefore, a sharp
test of 1897 to put it under definite analysis beside 1867. Per-
sons who are celebrating the good old times and grumbling
about existing conditions should welcome the deadly parallel, and
not find fresh cause for complaint if this trial by simple arithme-
tic goes against them.
t "The figures are from the Nineteenth annual abstract 01 the
Bureau of Statistics, which has just come from the Government
printer. Let the much-discussed ;per capita' open the tourney.
All who can recall the year 1867 have the impression that the
circulation of money was then lively. In that year the per capita
was $20.11; in 1896 it was $32.86. The per capita money in
circulation in 1867 was $18.28, one-half of it valued in gold at
72c on the dollar; in 1896 the per capita circulating was $21.10,
all valued at par gold. The per capita of the National debt in
1867 was $69.26; the year 1896 saw it reduced to $13.41. Be-
tween the same years the per capita of interest on the debt de-
clined from $3.84 to 49c, and the annual National tax on each
citizen from $9.87 to $4.94. These changes for the better are
so striking that no disgruntled citizen will venture to mention the
subject of per capita unless he is thoroughly misinformed con-
cerning it.
"In other directions the co nparison comes quite as well
Our population has about doubled since 1867, when the estimate
was 36,211,000. Now it is 71,263,000. Each citizen now av-
erages an annual expenditure of $1.16 on the post office, against
42c in 1867. The average expenditure on public schools is 50
per cent, greater than in 1867. These two items show a posi-
tive advance in civilization. Imports are about the same per
capita, though the volume is doubled. In thirty years duties on
dutiable goods have declined from 46.67 per cent, to 40.18 per
cent., and on all imports from 44.56 per cent, to 20.67 per cent.
Exports are greater per head in the proportion of $12.11 to $7.73.
Washington, D. C.. February 15, 1897.
SENAT0R SHERMAN knows when he is up against an un-
surmountable obstacle as well as the next one. He was
especially anxious that the Senate should ratify the arbitra-
tion treaty before he became Secretary of State, and he
made unusual efforts to bring the objecting Senators around to
his way of thinking, but when he discovered that he could not
do so, he didn't try to raise a rumpus about letting the treaty go
over to the next session. The Senate will as usual be called to-
gether in extra session on the 4th of March, by the out-going
President, to act upon the nomination of the incoming President,
and it is considered certain that it will remain in session until the
date named by President McKinley for the meeting of both
branches in extra session to act on the tariff bill. But when it
will act on the arbitration treaty is a matter of uncertainty. Al-
though it was supposed that the amendments to the treaty would
meet the objections of its opponents in the Senate, it has been
clearly made apparent that such is not the case. A handful of
determined Senators can stave off the vote on the treaty indefin-
itely, if so disposed, even if the requisite two-thirds favor it.
some of the silver men
In Congress decline to take seriously Senator Chandler's silver
speech in favor of his resolution, declaring it to be the sense of
the Senate that it is not the policy of this Government to main-
tain the gold standard as a permanency and that it will endeavor
to bring about a restoration of the double or bimetalic standard
at the earliest opportunity. They say Mr. Chandler is one of
those who talk silver between times, but who can always be
counted upon to vote gold when his vote is necessary. The gold
men regard Mr. Chandler's speech and his resolution as an un-
necessary stirring up of a dangerous subject. If Mr. Chandler
is contented with his own approval, he can consider his speech a
success.
large appropriations.
Although Speaker Reed and Chairman Cannon, of the
House Appropriations committee, have even gone to the extent
of making personal enemies in their efforts to keep down the ap-
propriations, it is now certain that the total appropriations of the
Fifty-Fourth Congress will exceed those made by any previous
Congress and be considerably in excess ot one billion dollars.
Mr. Cannon said, explanatory of the heavy total of the appro-
priations: "How can we cut down ? We must observe the con-
tracts we have entered into, and we cannot let public buildings
remain exposed and unfinished in all kinds of weather. Neither
can we ignore the pension laws. As long as it seems necessary
to build ships and to build forts, we will have to pay out large
sums."
the frequent exposure of thefts
From the Government are not at all pleasant to contemplate.
The latest was the arrest of two young men employed by the
Congressional Library, charged with stealing and selling auto-
graph letters of some of the founders of the Republic, which
were stored in. the Congressional Library because there was no
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.
Rose, John R. Texas Mining and Trade Journal, Volume 1, Number 31, Saturday, February 20, 1897, newspaper, February 20, 1897; Thurber, Texas. (https://texashistory.unt.edu/ark:/67531/metapth204539/m1/4/: accessed May 5, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Tarleton State University.