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MONEY TO MOVE CROPS'
Pure Fiction That the New York
Banks Furnish It.
KTHEBE THE MONEY OOMES FEOM;
The Weil Have Its Own laaaervea to
Par For Farm Prod urta How the !
Annan "Tight Money" la Wall
Street Cornea About Lhzbt on a !
Popalav Fallacy. I
The old cry is pruceedluj,' from Wall u KlWi f (-HrVi j. y p, M to the uIter
etrect that the New York banks are Miss Nllm)il, jor(oil Ilf the holtm o lhe
obliged to furnistj "the moitey to move'. . , . .. ,, , , ,
.... , .; . i lirule s lather. lhe parlor was profuselv
the crops." W hy, of course they are to 1 , , . , 1 ,
the amount of the money of fbe west-! '"tl un.l the ceremony was preformed
era buuks they bold on deposit The b' I!l'v- C.A.Wood. The attendants were
New York bunks could not refuse to,K- W. -lonlon and Miss Hattie Stuart; C. E.
honor the drafts of their western cus- j Smart and Miss Itosie Joidou. After the
towers as long as they had their moil- ceremony the party was conducted to the
ey. But one would tbJnk to read what dinni r,"K,m where the table was loaded with
the New York financial Journals say i8,1111mioml The bri(Ie is t)e
,. , . ,,,,,, ,,
to move the crons until the crons could
be sold ami repay them. The fact
that nearly every country bank has an
account with some New York bauk j
princinally for the pun-' of lx?tug !
able to draw against It Business meu
and commercial travelers are constant-1
ly buying exchange ou New York to
remit for goods.
On those deposits of the country
banks In New York Interest rs paid ou
balances accowling to the going rote
for call louus, and wtien the country
banks have surplus fruuls it pays bet
ter to deposit them In New York than
to hold the money In their own vaults j
When harvest begins and tbe farm
ers chock on their deposits In the coun
try banks to pay their harvest help or
have to borrow of tlie country banker
for the same rnirvusc, tbeu the surplus
in the country buuks lieglus to run
down, and they in turn I virtu to draw
against their deposits In the banks of
New York, Chicago, St. Louis or any
of the big money centers wljere they
When the farmers begin to Bell their
wheat and other products this money
movement from the money ceuters to
the country Is accentuated In a great
degree and millions of dollars are
withdrawn from the money centers to
be paid out for farm products. As this
money tor crops comes back but skrw-
ly through the merchants or by being
deposited in tbe country banks, the
prolonged drain on the money center!
I.i often neote and leads to "tight mon
ey" and-htgh.rate of Interest, which in
some years has verged on a financial
The reason of this "tight money" is
that the New York banks are compelled
to call some of their loans made to
stockbrokers and others, and these in
turn are obliged to bid higher rates for
loans or sell the securities to pay the
loan. If any considerable number aw
compelled to sell these stocks they
Iuto borrowed on, of course the market
price of the stocks sold is liable to de
cline, according to the amount of such
stock forced on tbe market This in
simple terms is the yearly history of
"money to move tbe crops." But sel
dom is a dollar of New York money
used to move wheat, unless New York
exporters borrow for that purpose.
There Is, however, later In the year or
In the early months of the new year
some money loaned to southern banks
for cotton buying use, but you may be
sure that the cotton warehouse receipts
or other good security Is hypothecated
for any loan so made.
So the talk of New York banks fur
nishing the money to move tbe crops Is
fiction.; they are merely paying out tbe
money of depositors the same as all
banks must do when called upon.
AIDS THE PLUNDERBUNO.
aaooaevelt a DematorM on th Tariff
Mr. Itoosevelt says It is easy to play
the demagogue on tbe subject of gov
ernmental control of wealth. He knows
from experience. While he was a mem
ber of the New York legislature in
1SSC he played the game to perfection
by denouncing that "Infinitely danger
ous order, the criminal rich," while be
was supporting a proposition backed
by Jay Gould and bis son George.
Again in his famous muck rake speech
he played the demagogue by proposing
the confiscation of all fortunes above a
certain limit He is now playing the
demagogue on tbe tariff question.
Lest those who read his books, writ
ten while be was a free trader, should
entertain any doubt as to Us fidelity
to the plunder bund represented by
Cannon, Daluell & Co. President Roose
velt has written a letter to Representa
tive James E. Watson of Indiana, hj
which be says:
"We stand unequivocally for a pro
This Is tbe language of the pkinder
bnnd, and no mistakA
Again Mr. Roosevelt says:
"The question of revising the tariff
stands wholly apart from the question
f dealing with the so caHed trusts."
This Is also tbe language of the p kin
The tariff, which Is the toot and ker
nel and shelter of the trusts. Is too sa
cred to be tinkered, but bocss pe
antitrust measures which mesa i
anything or nothing and wbfeb may be
enforced or sot, ae Mr. Roosevelt sees
at, are all right.
Bulng Secretary Loeb seems to bar
become popular among the women, bat
perhaps it Is just to get their names In
the newspapers. The men are
Mother racket by subscribing a dollar
to the Republican campaign fond. The j
lily season, however, will soon bt
Irttty Home Veddiiitr The movements
Mrs. J. H. Keuti'iss ami her daughter,
little Ollie mid Mrs. Elia Stewart are visit
ing relatives at Ili'h Point this week.
The Friiuklinville school hoys and the
Part X I'oarfs schoi'l hoys crossed hats
tin- iliamond at this .place Friday evening
and at the last iiniinu the score stood 37 to
'.) in favor of Franklinville.
One of the prettiest weddings took place
in our city Sunday evening that hjs heeu
witnessed here for some time when Mr. V.
beautiful anil aceonipl
ied daughter of I!ev.
""" "u groom is
"!iof Mr. .M. Ferree. They will make
their home at Ctiiy. It. F. D., where Mr.
Free has a Ksiiion withtheSealiordAirl.ine
Kailrond Tl.iy have many friends here
who wish for them a long anil happv life,
tixire futility V'tcs
i The Bkiilc.
Mr. II. W. Pleasants left Satur
day evening for Lhurlotte, where he
luis accepted u position as book
keener and salesman for W. G.
Thompson & Co., wholesale ami re-1
tal! shoe dealeis
Mr. T. M. Snyder, of Pittsburg,
I'a., has purchased a tract of land
near the depot at Lemon Springs and
will build shortly and move his
family to this place.
A telegram was received at Car
thage by Hon. James D. Mclver an
nouncing the death of his brother,
lion A. W. Mclver at his home at
Caldwell, Texas. Judge ilclver
was a prominent citizen of his adopt
ed state, having for many years
been on the Bench.
The Fox hunters of Sanford had
a fine race near Lemon Springs one
morning last week and canght a
Mr. J. C. Vandegrift. a Virginian
who had been for some eighteen
month's runnirjg an extensive lum
ber business nar Center Church,
died in the hospital at Sanford last
Saturday, and was buried at Buffalo
Mr. A. R. High of Raleigh is
agent of the R. & C. R.R. at Car
thage; having taken charge last week
The meeting at Doub's Chapel,
postponed in August on account of
excessive rains, is to be held the
last of October, beginning with the
regular appointment on the fourth
Sunday. The pastor is to be assisted
by Rev. J. W. Hoyle
Mr. J. F. Burns, a well known
and prosperous citizen, of Sheffield,
township, died Friday night after a
long decline in health.
The Vicious Critic,
Editor Archibald Johnson always
writes entertainingly in Charity and
Children, and we read closely his
editorial matt r each week. In the
issue of the 19th the Thomasville
editor has something to say of
ci itics. We reproduce a paragraph
from his observations that is worth
reading. It follows:
"We cannot conceive a worse fate
that cau befall a young man than
to become the willing slave of his
own prejudice, and we beseech all
the youth who honor us by reading
these pages, that thev cultivate the
c pi l ie oi neiptuinesa to others and
geek to sweeten life's cup rather than
embitter it. Notice the vicious crit
ic wherever you will, and vou will
find a man or woman unlovely and
unpopular, lie may telicitate mm
eelf on his courage and candor,
when in fact he is neither candid
tor courageous, hut only mean; and
leanness is easy to cultivate. Hap
py the young man who determines
to see the good rather thai the bad
in his fellows, and when he feels it
his duty to rebuke and reprove, that
he do so for tbe purpose of saving
rather than destroying the object of
Nothing remains to be added to
this plea and rebuke. Every line
is worth bearing in mind.
Will Hang In Guilford.
Frank Bohannou, the murderer
of E. E. Beacham, near Jams town
a few weeks ago, was convicted of
murder is tbe first degree at Greens
boro last week. On f riday he was
sentenced by Judge Long to hang
October 25, between the hours of
10 m nd 3 P- m-
Kiaer Crutchfield, an accomplice.
was sentenced to life imprisonment.
It ii said that Hon. Marion Bnt
ler now makes from sixty to seventy
Se thousand dollars for lobbying
in Washington City for the great
corporations which be ueed to have
ba dreams about, lest tney would
ruin this country. Catawba Coun
Our Big Clubbing Offer.
by special arrangement with th
Southern Agriculturist, the popu
lar semi-monthly farm paper ef
Nashville Tenn, we are able to give
our readers the advantage of a club
biug offer which we believe is the
most liberal ever made by any news
paper m the south
In the drst place, we will send
the Southern Agriculturist a whol
year free to any new or old subscrib
er who pays us for a years subscnp
tion to our own paper
This great semi-monthly farm pti
per goes twice every mouth into 50,
000 southern homes, and the regu
lar price is 50 cents per year. It is
edited by southern meu and women
to suit southern conditions, and is
iust what our farmers need. It
answers free of charge any question
a subscriber may ask, and its advice
is given iu a plain practical way
which auy farmer cau understand
AH departments ot farm lite a:e
covered, including delightful home
atid childreu s pages, sample cop
ies free at our office.
HERE IS OCR BIO ALL-SOl'THEKN
(The Courier) $1.00
Southern Ajrriculturisr. .50
Nashville Weekly American .50
Inland Poultry Journal .50
Southern Fruit Grower .50
Total regular price 3.00
We will send you all live of the
papers a whole year for only $1.50
These papers are all southern
publications and each is a leader in
its particular field. Order this
club and you will get a big year's
reading at nominal cost. Address
Asheboro, N. C.
He Hud n Political Pie.
Marion Butler, the traitor of
South Dakota bond fame, tells the
Washington Post that Bryan 8
crowds in North Caiohna were
"disappointing", and his speeches
"failed to awaken any responsive
chord, Lhere isn t a decent He-
publican'in the Stase who does not
know that the above declaration is
The Butler type of politician feels
no "responsive chord to any speak
er unless he has some offices to dis
tribute. Their whole creed is thus
given by Horace Biglow:
"Tin not by principles nor men
My onward course is steadied,
I scent what pavs the Iiest
And goes for it bald headed." News and
Correspondents shoul i mail their
letters for publication so that they
will reach Asheboro not later than
Tuesday morning. This will insure
its insertion and better service to
both correspondent and readers
This is a very necessary department
m a county paper and the Courier
boasts of the best corps of cor
respondents in the tite. The let
ters are appreciated by both our
readers and the Editor.
To Curb Mischievous Boys.
" J. G. Ahem, special agent of the
Southern at Greensboro, has recent
ly given out a newspaper interview, in
which he pleads for laws that will
suppress the pranks of boys who
playfully obstruct the roads. The
class to be reached is between eight
and ntteeu years, lie believes teat
hundreds of lives are in danger
daily through little pranks done
innocently. He iecommends a law
reaching this class and a reforma
tory to care for them. He does not
think the penitentiary or county
roads is the place to correct the
Women as Weil as Men Are lads
Miserable bj Krdnej anil
Kidney trouble preys upon the mind;
vigor and cheerful
ness soon disappear
when the kidneys are
out of order or dis
eased. Kidney trouble has
become so prevalent
that it is not uncom
mon for a child to be
born afflicted with
weak kidneys. If the
child urinate toooften, if the urine scalds
the flesh, or if, when the child reaches an
age when it should be able to - rol the
passage, it is yet afflicted w -wetting,
depend upon it, the car" j ue diffi
culty is kidney trouble, iu. Jie first
step should be towards the treatment of
these important organs. This unpleasant
trouble is due to a diseased condition of
the kidneys and bladder and npt to a
habit as most people suppose.
Women as well as men are made miser,
able with kidney and bladder trouble,
and both need the same great remedy.
The mild and the immediate effect of
Swamp-Root is soon realized. It is sold
by druggists, in fifty
cent and one-dollar
size bottles. You may
have a sample bottle
by mail free, also a
pamphlet telling all about Swamp-Root,
including many of tbe thousands of testi
monial letters received from sufferers
cured. In writine Dr. Kilmer & Co.,
Binehamton, X. V., be sure and mention
this paper. Don't make any mistake,
but remember the name, Swamp-Root,
Dr. Kilmer's SwanwRoot, and the ad
dress, Binghamton, N. Y on every
!b!iing, Scabby Skin,
If you hav aches
ami putns In bones,
duck ana it in is,
rKin, mooa leaui
hot. Swollen Glands,
lining! and Bumps
Tha (bora picture
how whit BoUnlc Blood
Balm will do.makingtbt
blood pun and rich.
Patches la 'Mouth,
3le, Corpe r.Oolorod
is, all run down,
era on &nT uart of
body. Hair or Eyebrows falling out, tak
Botanlo Blood Balm, Guaranteed
to sore the worst and most deep tested
cues. Heals all '.ores, stops all aohei and
pains, reduces all swellings, makes blood
pure and rich, changing the body Into a
. Old Rheumatism, Catarrh, Eeisms, Scrofula
are caused by Poison In the Blood. B.B.B
tope Hawking and Spitting, Itching and
Boratohlng; cures Rheumatism. Catarrh;
For sale by Standard Drug;
The Best Line to
And all Points in
Indiana and flichigan
Information cheerfully fur
nished on application.
H. J. RHEIN,
G P T Agt. Cincinnati, 0.
A Fine Pole Angus
is located at Asheboro and
is ready to serve the public
during the season. Persons
interested will call on or ad
dress John T. Brittaln. Asheboro. N. C,
The North Carolina College Of Agri
culture And Mechanic Arts.
Practical education in Agriculture, En
gineering, industrial Chemistry, and the
Textile Art. Address,
West Kalei;m, N. C,
eSell the Earth!
If you are interested in the
proposition, in or near Asheboro,
we think we can please you as to lot,
prices and terms. Office m Bank B'ld'g.
Armficld & Lavighlin,
Real Est&te Dealers.
Tennessee Wholesale Nurseries. June Buds a Specialty.
No agents traveled, but sell direct to planters
at wholesale prices. Absolutely free from dis
ease and true to name. Write for catalogue and
prices before placing your order elsewhere. We
guarantee our stock to be true to name. Largest
Peach Nursery in the World, .address
J. C. HALE, Winchester. Tenn.
State Normal and.
Three Couraea leadins to detnfw. Swoial mom fn. rut. ,.v, un.
Well-Equipped Training School for Teacheat.
telt books, etc.. f 170 a VMI- Fnr fma.Hiitinn
beeina September 20. 196. To aoenr hoard
tionaahould be mada before July 15. Correspondence invited from those deairinii compe-
leni leacnera ana stenograpnera. r or catalog
Bone Pains, Swellings
I all Peabi, Scales, Eruptlonf, Waten
ra, by Riving pure, healthy blood to
Bnpparatlnct BweUlngi, Eating Sores, Tn
mors, ugly Ulcers. B.B.B. heals the sores
or worst cancer perteotly. It you have a
persistent Pimple, Swellings, Btlnglng
Pains, take Blood Balm and they will dis
appear before they develop Into Cancer.
Botanlo Blood Balm IU. B. R.I la nlaaa.
an t and safe to take. Thorou shir tested
for 80 years. Composed ot Pure Botanlo
Ingredients. Strengthens Weak Stom.
for 80 years.
Dyspepsia. Price an ri-
trice i per
directed. If no.
wrn uvnm Kaa Direcun. 11 no.
cured when right quantity la taken,
money refunded. Sample Sent Free by
writing mooa uaimuo.. Atlanta, na. n.
scribe Vonr trouble, and aoeclal frnamam.
cal advice to suit your case, also sent In
Company and Asheboro Drug
Asheboro, N. C.
C. H. & D.
The Michigan Line
Best of Service to
And to all the Famous Sum
mer Resorts of
On and after June 25
BOOK OF SUMMER TOURS
FREE FOR THE ASKING.
W. B. Calloway,
General Passenger Agent,
W. R. NEAL,
Randleman, N. C.
Board, laundry, tuitio, and fee for us of
.lr.rl.nt. Clot Vj. ,v 1 -
in tha Hnm,;u .11
and other information, addreaa
D. McIVER, President
Greensboro N. C.
a nryani. I'resicenl J- H. Cole. CashiJ
Ba.uk of Randlemacn
Randleman, N. C.
Capital $J2.00Q. Surplus,'
Accounts received nU favoralw
terms. Interest puid on savinw,.
LMicuwno; u x nartsell. A v
I..11 o n XT i: mm n '
r TJ-,1 XT XT XT , -. .. " l
j jjiuuoay, iMewim, 8 JirvatK
H O Barker and J H Cole. s
of north Carolina,
kn C..l. T7J.
Library contains 43,000 volumes.
iew water works, electric
lights, central heating
systin. ew dormi
ium, Y. M. C. A. building.
622 Students 74 in Facult
The Fall term Begins
Sept. 10, 1905. Address
Francis P. Venable, President,
CHAPEL HILL, N. C
O R COX, President. W J ARMFIELD, V-pw
W J ARMFIELD, Jr., Cashier.
The Bank of Randolph,
.A.slie'bor, XT. C.
Capital and Surplus,
Total Assets, over
With ample assets, experience and protectksl
we solicit the business ol the bauklug public tii
feel safe in saying we are prepared aud wllliai
to extend to our customer), every facility and at
duuujuuiuuu wuHuteuf wiia ssie D&uicing.
Hugh Parka, Sr., W J Annfield.W P Wood, t
Mom. C C McAUnter, K M Aniifluld. OR Coil
n r Heading, ueni Momtt, Thou J Redding, 1
K Capel, A M Kankiu, Thoa H Redding, Dr 1
as burr, C J Cox.
You Furnish the Bride
We Furnish the Home
Just receivd.nice line Parlol
ana Bed Koom Suits, ouches.
Upholstered Parlor Su s, Pic
tures, Hall Racks, etc. We
have an assortment permitting
us to lurnisn the home in keep
ing with any purse.
We are also prepared to servl
tne public as Jnineral Directors
in a careful and courteous man
Kearns & Fox.
Does Your Hat Mate
If not, wear one that does.
Go to Mrs Blair's Millinery
where you will find the new
est and most desirable
shapes for spring. More
goods expected daily.
Mrs. E. T. Blair, Asheboro. N. C
W. W. JONES
can furnish you the best in sea
sonable edibles. If it is for din
ner, supper or breakfast consult
him. Healwavs has fine flour,
fresh butter, as well as varietj
(Near Court House.)
Thoroughly renovated and Refurnit!
Table (applied with tbe beat the mart".
fforda. Bates Reasonable, I
B. F. NEWBY, Prop, j
HOUISTCR S . I
flacky Kountaln Tea Nu.!;
A Baay Kadiaii tot Basy '?'
Brfaga Ooldsa Btelta aau Kaaewtd Tlf"'
A aneelfla for Constipation. IndUrtioo.W" (
and Kidney Troubles, Pimple i3L
Blood. Bad Breath, glusrartsh Bo' Hr3. i
and Backache, I fa Rock y Mcmataln Tea
lot form, SB oanta a box. QbuIbs
aoujana vase manvv, am-. , s
6GLBEN mnsrrt ss sallow w .