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THE GLEANER GRAHAM N. C. NOVEMBER 10 1879 E. 8. PARKER, Effltor. We oommend the article from Haiti Vreddy, published in this issue, to the eareful perusal of those who want infor mation npon the subject ot the State dvbt. It will be wiae to cut ic out and lay away aa contaiuiug valuable infor mation. K The Readjuatera, it seems, have cai lied Tirginhu The Republican vote, with a fraction of the Deinoctatio, ac complished it. Now let us haar some thing from fch«r Republican papers and speakers North about Southern repudia- Core. la the failure of a Southern State to pay its dabta worse when decreed by Democrats than when decreed by Re publican*? The New York World declares that it is toll/ to talk of a Presidential candidate upon whom til* Democracy of New York will not a site, and that, with the possible exception of (Jot. Sey mour, there k no Democrat in New York that can bring about the desired unity, and that ke cannot and will not be the. Democratic candidate. That from a leading Democratic organ, would Boem to dispose of Tilden, Potter, Church and every other New Yorkei so far as Presidential aspirations aie con cerned. John Kelly, the great Tammany Chief, it is said, has gpt miffed at Sena ator Bayard for refusing an anti-Tikfcn demonstration and reception upon bis recent return from Europe: bat thai) is contradicted. We dou'fc know how-it is It is aim in the papets that the said vvti#2ellf r Tammany Chief, aforesaid aod bo her, has invited a eonferrence of leading Demoewte from different States in order to get thieir views as to j should be nominated for President, and that he will gauge his actions according information thus obtained. VMVBMAN TS OS TO CONOBKSS, The New fork Sun say* editorially, that in view of the coming struggle be« t ween the people snd the corporations tfcat tho services of Senator Tnnrman In C)ngreos cannot be dispensed with, and that there Je a plan on foot to send hltn to * the lower house from the Coiumkw, Ohio district where be lives, and wbiob ii Democratic. It Is said Mr. Thnrtnan Is averse to this, bat be will hardly decline fc> serve his people. It will be gratifying to the whole country to know tbat there is a probability ot bis being on tbe field to do battle for tbe people in their strugs gle against tbe encroachment ot arrogant corporations. His services in that be half, It is said, induced these corporas lions, with their money, to largely oons tribute to the resvft in Obfoj in order to get Mr. Thnrman oat of their way. Tbat it is the policy of corporations to kill all men who oppose them,'whethergreat or small, is wel| established, and tbat is Why so many are atraid of them. . VIAE SRUF IN Tiasc BineckacT IN NIW VOMtv From wbat we can gatber the division of the Now York Democracy is giving ri«e to grave apprehension on tbe part of ' the l&adors of tbe party. Tilden seems to be at the head of wbat may properly be called the party in tbat State, while John Kelly beads a faction, sufficiently strong, as just demonstrated, to defeat Ibe party. It is said tbat unless a recons dilation is brought about, Tammany wHI deteat ibe Democracy in carrying New York for any Presidential candidate who may bo nominated, or supposed to be nominated, by Tildens Meade. Tilden and bis friends have possession of tbe party machinery in tbe State, and Tam many will* not be lepreaented in tbe del* egation to tbe National Convsrtfon. - Tammany wHJ, however, send a delega rton, and if rejected will either openly ye fuse to support tbe nominee, or become NO lukewarm a* to seriously endanger Democratic success. Upon the other * band it ia asserted tbat if the Tammany delegates are-admitted, and a nomination made not to tbe liking of Mr. TiMen and bis friondj, tbat they will beoome so enrolls in tbe campaign as to render dc. feat imminent. Tbe Democracy cannot reasonably calculate upon success next year without tbe aid ot tbe great Stare ot New York, and to insure this it is said tbat leading politicians are already en* wwwy nrroiy aoout a recon ciliation, and that a meeting is to be held is probable. Wluu will be tbe re suit of those efforts to restore harmony remains to be seen. We hope, and be-, lieve, that there will bo some adjustment, or that some man will be named for the Presidency for whom there will be unity of action. Tbe great Democratic party of the country eannotafiord to let dissent lions in one State defeat its snocessiou to ]tower, and the tronble will, in some way, be surmounted. THE ■B«NV»J,JINB MIOADT. For some wUle past we hart noticed in several papers ait occasional comroni nicalion looking to ft vc-miiou ol tbe sur vivors of lite brigade ol North Garoliua soldiers', first commanded by Geueral Branch and afterwards by Uenl. Lane. There have been several suggestions aa to time and place from individuals, but there had hacdiy been given form and shape to the proposition an til on informal meeting was recently held in Raleigh, presided over by that scarred veteran, Co". J. McLeod Turner. A call for the re-union baa been issued, and Raleigh is suggested as the place, and December the 17th aa the time. Of the object of the re union the can baa the following to say: •'This call has nothing whatever to d>» with the politics or the past, present or future. We meet as American patriots and soldiers. Let politicians sottte among themselves.the abstract question whether we wero rebels or not. Your conduct upon tbe field secured to you the rights ol belligerents. The respect gained there has only been increased »> every gener ous soul by your kwbiding course in honorably obscrviug yonr parole and the coudhtous ol vonr capitulations. See* tioual animosities must give place to jus tice, magnanimity and patriotism. * » • Your duty to your State, wliose call you so cheerfully obeyed, de mands that some steps be taken to euable the future historian to say with more precision what positions you occupied. This may be without invidious dis tinctions against any sister Slate where all did so well. > "Such wib be tbe items of business to ! be discussed and disposed. At the same i time it is hoped that it will be an occa sion of great social pleasnre to all iu at tendance. Let us bear from yon prompt» [ ly iu the way indicated above." •. m. Bi.ecKin Last week we noticed a charge made against O. H. Blocker, revenuo officer and deputy marshal Watson, h) the Mil ton Chronic le, upon what it regarded as reliable information. Capt. Blocker bag responded in a card to The Obterver , do* nyiug empbaatically the charge, and saying there was not the slightest grouud for it. As we published the charge, we give place to the following extract from I the Fayetteville Qatette, a Democratic paper, published in Fayetteville, near Capt Blockers kom*. which we find iu The Obterver. As Capt. Blocker is a stranger to our people, and has bad a grave charge preferred against him, it is bat jast Uiat they should know bow be stands The Gazette says: '•(japt. Blocker is a Radical, after tbe " most strictest sect," and he is one of those— along with Judge Buxton, Maj. B. M. Orrell. 1. J. Young, D. L. Biusell, et id omne gentu—vfhom we have oppos ed to the bitter end. Bnt we want bet» tor evidence,yet, ot bis guilt of tbe charge preferred agaiuat bm-drnnkenness and lawlessness —before we give them ere. dence. It should be remembered that this officer baa held a position under the EoTerunieol for many years; not a word a> been uttered against bim, and not a charge has been made to criminate him. He ia a man ot irreproachable private and social character, and we believe that we speak for our whole community when we ask,that this public charge be either prov en or retracted." # THI YORK ITTFCTION, At last we are enabled to give what is reported to be, and wbat, we take it for granted, the result of tbe lata election iu New York really is. Tbe entire Bepubs lican State ticket is elected, With tbe ex ception ot tbe candidate lor State Surs veyor and Eugineer. For tbie office tbe Democrats elected tbeir man, Horatio Seymour Jr. Tbe majorities are very small, bence tbe long tiineiu finding out jost who was elected. Tbe majority of tbe only Democrat on the tioket elected la about ten thousand. Some of the Repub licans have very small majorities—one or two tbonsaud, wbicb considering tbe Immense voting strength ot New York eannot be takeuas an indication even for ibe future: ami especially so when it is remembered tbat tbe vote was very light. Neither party pelled anything Hke lis 101 l vote, bat tbe falling off o! the Democratic vote was greater than that oi tbe Republicans- Tbe action of Johu Kellvand Tammany demoralized tbe party, and thousands of Democrats failed to go the polls. As certain as prudence presides at tbe selection of tbe Democratic candidates for president .and Vice-President, just so certain will New York cast her electoral vote for them next year. «N. OIANT an CBICAfit. On the Btb of this uontb, General Grant met, tbe Society Of tbe Army of Tennessee, in Chicago. A reception on a grand scale was tendered him. He made what h said to have been the long est speech of his life. It was a prepared speech, and be read it trom manuscript. He aiinded to bis travels and bis recep tion*, spoke of tbe extent of territory and great resources of tbe eonntry, nud was especially emphatic in his declare* this was a Nation, a term now in common use to negative tbe idea of the rights of the States. We append what be said concerning tbe South particular ly. Said he: We feel and maintain that those who fought, and fought bravely, ou (he oppo site side irom us bave au equal claim with ourselves in all the blessings of our great and common country. We claim fjr them the right to travel all over this broad laud sua select where tbey please the right to sellle, become citizens and enjoy thoir political and religions wu vie was-free from molestation or oetra-* ciim, either on account et those opiaione or their connection with the past, We ask nothing more for ourselves, and would rejoice to see them become pow erful* rivals in the development ot our great tmom ee», in the acquisition ot all that should be desirable iu this life, in patriotism, and m lave of country. TMK MKT HBTTMIHINT. [Fr»m. H-oJus Vnckly.) The Act of March 4, 1871\ to "com promise, eouMnute and settle the Slate debt." divided the debt, or that portion of It acknowledged as debt. -Into three elassee. The acknowledged debt amount ed to $12,837,045; the total proposed pay ment to $3,644,511,24. Class 1 consists of the bonds issued before the war (ex cept for the North Carolina Railroad) and on them the State oilers payment of 40 per cent, of the priucipai. These bonds are:— , Favetterille A Western PlssAroad, • C 0 ,500 Gsston A Weld on Kailread, 95,000 Fa} etteville A Centre Plaukroad, 45,000 FayetU'ville A Warliaw Plan It road, 10.000 Tfcr River. 15.000 Io»aoe Atylom. 70,000 Atlantic A North Carolina Railroad, 1,351,500 Albcrmarlc A Chesapeake Canal, 834,000 Western Railroad, 886,000 Western North Carolina Railroad, 1,186,000 Wll., Char. A Ruth. Pall road, 1,012,000 "Certalnpurposef.," 1,°0».400 C. F. AD. n. Navigation Company, 1431,000 YoUfl, $5,677,400 on which it is proposed to pay $2,230,960. Ou the bonds in class 2, the Slate oilers 25 per cent. Tliey are: Western North Carolina Railroad, SV®W,OOO Wilmington Char. A Ruth. R. R. (137,000 Western Railroad, Literary Board certificates, 383.04* Total, *3 261,045 on which itis proposed to pay, $815,261,25 Bonds iu class 3, ou which 15 percent, is offered are these: — Funding State Debt, Funding Statu interest, 1,657,600 Total, . *3,968.600 on which it is proposed to pay, $598,290. To the great delight of Dr. Worth, the excellent State Treasurer, rathei more than one-third of tbeMknowledged debt has been settled already. The following is a statement of tke bonds surrendered and for which new bonds have been iso sued:— For what pwrpose issued. Ameunt. Fayettevllle A Western Plaukroad, • *^>sls Gaston A Weldon Railroad, 3,000 FayettevlHa A Csnjtre Plaukroad, I®,ooo Fayettevllle and Warsaw Plankroad, 3,000 Improvement of Tar River, . 4,000 Insftno A#ylam. IV,«Rv . Atlantic A\oir*llt>a Railroad, 511,500 Albermarte A Chesaoealw Canal, m,OOO Western Railroad from Fayettevllle, 307,000 Western North Carolina Railroad Wll., Char A Ruth. Railroad, For ''Certain Purposes, 'SMSS Cape Fear fc Deep River Nav. Co., 85,000 Funding act ot '66. 587,700 Funding Act of '6B, 567,400 Bo*id of Education Certificates, 883,045 Aggregate of bonds surrendered, 94,643,918 Classified u by the Act of settlement, these item* show tbefollowing results:— CIM 1. Old bonds, «• per cent., ' (3,328,800 Issued therefor, new, • 890,820 Glass ». New bonds, 25 per cent., 1,318,045 Issued therefor, new, 839,761 Class t. funding Aot March 10, 1866, and August 20, 1868, Ift per cent., 1,098,100 Issued therefor, new, 164,716 Bonds surrendered, $4,642,945 New bonds Issued, #1,884,798 Tbe aettlemeilt 1« is made by giving in exchange for ontatauding bonds new thirty year coupon bonds, dated July ' 1, 1880, bearing 4 per cent, interest payable at tbe Treasurer's office on the firsf day of January aud July of each year llicrf* after. The new bonds are of SSO, SIOO, and SI,OOO each. are exempt torom all Slate, county, or corporate taxation, and the coupons are to be received for all State taxes. To tbe paymeut of interest on them are to be applied all State taxes collected from professions, trades, in comes, merchants, dealers in cigars, and three-fourths of all taxes collected from wholesale aud retell dealers in spiritous, vinous, aud malt liquors. If these taxes are in exoeks of interest to be paid, tbe inrplue to be iuvesled io the purchase oi ihe new bonds; if insufficient, the Treas urer is authorized to uae any funds be may have not otherwise appropriated; if still short, forty year SSOO bonds may be is sued to (be amount of $300,000. It is made "lawlal for any executor, adminis trator, guardian, trustee, director of any corporation, and anv and allot her peiyous acting in a fiduciary capacity holding bonds oi tbe State, to make tbe exchange provided tor in tWs act, and they shall be absolved from all liability on acoo«»t ot said exchange." Tbe provisions oi Ihe Act are to continue iu \fotce until January, I,IBBB* Tbe boads not provided for in tbe Act of settlement are A'orth Carolina R. R. Construction, 3,794,000 Chatham Ral.ro**, 1,080,000 MUliamston A Tsrboro, 150,000 Penitentiary, 44.000 Chatham' Rail road, 315,000 W. N. C. Railroad, special tax, 7,960,000 W. C. & R. Railroad, special Ux, 8,000,0g0 WU. * Tar. R. R., special tax, 800.000 A. T. * 0. Railroad, special tsx, 106,000 Total, ♦15,509,000 Of this amount Ihe North Carolina rail road bonds, secured by mortgage of the State stock, are provided lor in a sepa rate aet, as is the item of $160,000 for the Williamston k Tarboro road,leaving sl*. 666,000 of debt that the State does not acknowledge aa debt. As to tbe first named,, on tbe 14th of March, 1879, was ratified "An Aet to adjust and renew a portion of the Stale debtthat is to aay aud ael to provide for tbe redemption ol tbe North Caroliua Kailroad Construction Bonds, secured by a lein on tbe Bule'i stock of $8,000,000 in that road. These bonds amount to $*,794,000, of whicfc $494,000 is due on Jany. 1, 1883; $481.. 000 on July Ist 1888; $456,000 on January 1, 1884: SIIB,OOO on July 1, 1884; $806,0000n January 1, 1886; and $989,000 on April 1, of tbe same year. Unpaid interests amounts to some S7OO - more. To renew aud adjust this deb) Comnisssieoey* DsvW, MeCehee and Bain are to negotiate wkh tbe bond holders terms ol renewal with new bondi subject to approval by the Governor and Treasurer. The commissioners givt wcJUeecnced $50,000 bouds, and are tc recieve for their service* one-hall of OIK percent. ail the botnk redeemed* They art tto get litis pay from the boodshclderf I lit 110 case is the StaU to pay them anything. For the redemp- Hon-of the outstading bonds, new SSO, $ LOO, SSOO, SIOOO forty year coupon bondi bearing not greater than six percent, in terest, aie to be issued. The new may be exchanged for the old, or may bo snki At Hot Joss than par and proceeds invest* ed in old bond* at rates not gnates thai allowed JM» the exchange. The new bondi are to be exempt from any and all taxa Hon and are to be secured as the old* by Hie lein on the Stale's stock in tlx Noctlv Carolina Railroad, the dividends on which are to be applied the piytnenl of (he eonpons, which are also redeivca' a&toin payment of all taxes, debts, dues licenses, lines and demands due the State of every kind whatsoever. Executors, administrators, guardians, trustees, and all persons acting iu fiduciary character, holding any of the construction bomb are authorized to exchange tbcm for the new, and ail kucb persons are authorised to invest lands In ihe purchase ot th« new. ThetJoinmissioners aie to hokl All Ihe bonds and coupons delivered tc or pmchased'by them "in trust for, the payment of the? principal and interest on ihe said new bonds, and shall collect HIM] receive all payments and dividends pawl and inude on said old bonds and eoapouti so held by them from any person author ized to pay the same; and shall pay th« amounts thus recieved to the Fublk Treasurer, to be applied by him to the pay me jit of the interest on the new bonds, The old bonds shali not be cancelled, but shall remain in force until the Governor shall direct the same to be delivered tc tho Public Treasurer for cancellation." The Commissioners met in this city last week, and issued a circular to the bondi holders suggesting a mooting as the first step iu Ihe negotiation ot settlement. Such a meeting is made necessary because Hie by dcoree in case of Swasey vt the North Carolina Railroad Compauy, June 17ih, 1874. it was ordered that, unless the State should, on or before the first Ist day of April,lß7s, make provision for the payment ot the interest due upon tho bonds, ber stock in the said corporation should be sold for iu payment; the amount ot the stock to be sold being Iben, and, still, left undetermined, and to be settled by a future decree. No inch provision was made, and it is now at the option ot any one ot the boudhold* efs represented iu said action, lo move at anytime for the sale of.'.he stock. The Commissitfiiem cannot arrange' for the exchange ot a portion of the bonds, leav ing the State's stock at the mercy of any creditors who may not choose to accept ;:;eiii. The creditors can re move the difficulty,and that done the Com missioners can commence the discbarge of there duties under the act. Inquiry is made of us by many persons misled by the quotations in the New York papers, bow the State can hope to compromise a bonded debt ot which the market price is above par. This is a mistake. Sons* of the nonda with cous pons attached from January 1869 to sell for 109: others, with seven coupons )fi, sell for 88; the bonds on which con-, lions have been paid to January 1876.5e1l lor ratber less than. 60 cents iu the dollar. The face of the debt is $2,794,000; the unpaid coupons about $700,000 more; making in all about $3, 500.000. The lolders will bo very glad to make a fair lettlemem as soon as they can come tos jether as buggested by the Comuiwsion >rs. ADVERTISEMENTS. Hale's Weekly On Tuesday tbe 7th day of OCTOBER, 1879, and In tbe City of Raleigh, the undersigned will "orauienee the publication of HALE'S WKEKXiY A NMTH CAROLINA IMCMOCHATIC NKWNPAMK. These four words convey all that a column of Prospectus could tell: the t ood of the State; the success of the Party which Is the life of the Btate and eonntry; the publication of all tl e news; these the objects proposed. That bo can do the last aud contribute to the flist and sec ond, the subscriber does not effect to doubt. Tho people have set their seal of approval upon hlspast and ho does not doubt the future. Bali's Wkult will be printed from new and beautiful type and mi lair white paper. The price will be $3 per annum. No name will go on its mall booVs without payment and no paper will be sent after expiration of the time paid for. P. M. HAI-P. Raleigh, Bept. 15th 1879. Dr. B. A. Sellars AT Compaay Shops Is now receiving and putting up 4tis New Goods. A rich and beautiful line of ladies dress goods Cloaks $3.75 to $17.00. A fine lot of cheap ready-made clothing SUITS FROM $4.00 to $27.00 These goods were bought in Philadelphia through the agency ot my son, on sack terms as to enable me to sell low. (Jorne and see my low price*, 10.8. 79. taio. NOTICE. Letters of administration having been Issued to the undersigned, upon the estate of David W. Kerr dee'd, they hereby notify all persons indebted to said estate to make immediate pay ment, and all persons holding cliiins again it said estate to present then', on or before the Ist day of December 1880 or this notice will pleadeb In bar of their recovery. This 37th day of October 1879. CHAB. 3. KERR. ) * > Admr's ALEXANDER WILfION-) Prices reduced Perfected Farmers Friend Plows madeln Petersburg Ta. 0 Doe Hone No. 5 Price $4.00 fwo Horse No. 7 " 6.00 r*o Hwse Not 7J " 6.50 rwa Horse No. 8 7.00 For sale at Graham bj SCOTT ADONNEJ.L. UIUIWIIIBI STICK AJR COMPANY SH PS • » - *** - | •ar Mr. MeCantey spent some Mm* to the Northern cttles, of"o U J*frtend^ whiter stock of goods, and we flatter ourselves that we can make it servo the iotwcsl 91 our frtenda and the public to bny of ua Dress Goods, Millinery, those beautiful ■IATH, BONNETS, nOSJKIRV, NOTIONS CMAKB AN* A a beauiUul li«e of ~ r SHOES and GAITERS ' ,i - aadl many either arttetos tor THE LADIES. ■ ATM, ■•OTI.INDS»«B*, PIBCB MOM, ■BAVV.NABI t'MTKIIM, and many other articles for « * :• fm mmma. ~ ■AIBWARR, BBCR T*OI.a,«rRBNS WABB k IMI.Ji*WABB,(IRBCEBIEB t awl many. other article* for THE FAMILY We are yet in the large and convenient store house formerly occupied by Daulel Worth, and would be pleased to show our goods. We luav.e it for our goods and. our prices to bring u? customer*. 10. 29. ly. A SMITH. CHEAP FUI'NITUEE My store-rooms and shops, ar« «aly a few steps north of the court house, in Greensboro, and I ask the people of Guilford and surrounding counties to exaaiiuc my stuck, of furniture and ask .the prices, and then, if in their judgment they can do better anywhere in North Carolina, I shall not expect them to bny of me. My slock in part consist* of Chamber suits. Dressing softs, Bedsteads, Chairs, Bureaus, Wash stands, rabies, Looking glasses, Folding chairs, Mattrasses, Wall pockets and Brackets, Book shelves, Book cases, Wardrobes &c &c. All these and many other articles in the greatest variety, from common to the finest, Burial Cases and Coffins j|U> « from common to the very finest, always on hand, in large numbers, of assorted sizes, so that any application can be filled at once. Also of all slaes, beautiful and convenient, always on hand. I shall be obliged if people will call and look for themselves. K GULLETT. Greensboro, N. C. 5 06- 79. ly. t 1,1 " ' 1 ■ | NO. O. REDD, T.N.JORDAN, | Henry Farmers new brick warehouse •a the ild Farmers Warehouse Site DANVILLE, V*. Tothe Farmers and Planter* of Virginia and North Carolina: The undersigned, a* the propria torßOft " C FARMERS NEW BRICK WAREHOUSE 10 call attention, to its superior advantages of location, sales room, lights & accommodations for both men and teams; and for comfort and convenience generally. The proprietors are experienced warehousemen, especially onr Mr. Redd, and our assistants are all proficients in their several departments. We do purely and ctrlctly a warehouse business, and our whole time and attention is devoted to the interest of our patron*. tm mums* mmm, especially for lino grades, guaranteed. We do not speculate la tobacco, and pledging ourselves to look V to the sales, and to handle carefully any tobacco sent u», or taken hi, own ers may rest assured that their interest will not suffer in onr hands. Promptness and fidelity (ur custom er* may depend upon. " ' 4BP* Come to the JfE W FARMERS WAREHOUSE, when you come to' Danville. Your* &c RBL>P A JORDAN. Onr Mr. Oast, while In the Northern cities this fall, bought the largest and most complete STOCK OF GOOD'S that we ever bad in store. He bought before the upward tendency ha prices began, and we have not marked them up. Several years experience has learned us pretty thoroughly the wants of our customers, and better enablad us to sefcet the goods that oar trade demands, our stock c 4 READY MADE CLOTHING Is especially extensive, and In sines to It almost anyone. from ho«e to hat, we have in variety and of latest •tjlet* As to \ - BOOTS and SH»EsV we pride ourselves on the line we ketp, and know they havegiyen sattafactkm. BUGGY FINDINGS of an kinds for the accommodation of onr trade we constantly keep. EVERYTHING ► . * " \ ** foond »*»« /on willfind w!Um*. Wt bought to set). Remember the yellow store I * J. Q. GAKT k CO., Ooßjwny Shops, 9. C,
The Alamance Gleaner (Graham, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Nov. 19, 1879, edition 2
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