u "if '!1 ' - 1 'News-and Observer By 11IE NEW3 AND OBSERVER CO. 1. IHnREE, -.' if, : Dinljif on jer, mall postpaid, " - Mx monUs, " " -Uiree " " " Ko iftne entered without payment, w4 M p airse&t after th expiration ut time ia4 . . r : s'iTCRDAY, OCT. 20, 1887. flu.. - - - ' - -. - -.- --" Te lObarlotte graded school teach- era see iit lip shop and came down 10 Uj Raleigh schools. They art? wlaa in their dav and generation. 'I hp Raleigh schools are models. ' Attrriter in ,the Baltimore Ma nit - t'act&r'trs Record says 1'olK county; :4 Nortru Carolina, is the future aaniU- riurrlof the world, crn "region of the The whole wesl State ib a grand eanifarium. . . Ti&:J combinations known astrusls arc now themselves combining. Leasjt wise appears that the cotton seejd od acid the Standard oil trusts aie arragiug to unite. The question ia all swijh matters is as to where the people stand. 1 outrowejd kmer seema to have Gamsaur. ,lhe St Louis "man easilv vest&iday. Both men were in nqe condition' for the race. The boats of the two were of the same leDgt.fi, 23 rejet, but Teomer's was one poud the lighter, weighing but 12l ourids.- i ; I ' Trftv are having ear thquajtes galore m tLvS lR-ighbtirhood of Santiago 4? Cubt-thirty-two in the course if twenty-one days and thousands f people are leaving their homes tosaye tlieir lives. "We can sympathize wih theniniore fully than wo could before tnemitnc AugftBt 31st, 188C I nit V i . . W record with pleasure- the luck of ar6ther newspaper man-31r. Has kell rtf the Boston Jlerald who ri tires fit the aje of fifty ' and in full vigofto live at ease on the fortui he Wb made. He, will have time no to lowk more closely after that boy Of his oid the Minneapolis paper who waa tiie author of theoutrageous a ' tide &n Mrs. Cleveland. -i .m . Goan news comes ' from Virginia; The tffeports received by the demo cratic state committee from the vft riousdistricts in the State are veijy satisfactory, indicating as they 4o that fte majority in the next legisla ture ja likely to be as large as it wu in'ib last. Brady in ' his turn ia knintg ifahone, and altogether the prqaj-ect fiiBeras to be fair for the de mocracy. .. . : m i ; ;1 ThW Bouthern forestry congress re-J solveL to endorse a bill to be intro-J duced intq-the next Federal Congress providing for the preservation of the thsStr lands belonging to the go-vem- ment-It also expressed itself strong! on t general subject of '.preserviafj the forests, a subject that isgrowin rapidly in importance in this cduntrj'. . Wfe;fear the reports that will foil low tie long-continued Tains through out tye State. Great damage must have'Jbeen dolie by the rising of the streawts and the overflow of kinds on whic. crops are still standing; Such a state of things in connection with the-cessation of business occasioned by tb? rain must result in losses that will tie seriously felt BeSt Bctleb has come out square! IT V in Bifpport of Lovering, the demo-. . . b , tic ! cratitf candidate for Goyernor of Masr cratic: candidate for jroyernor oi flias-1 pachuetts. At first blush this seeiis tobead'for Mr. LoveringJ but Ben, ftB wkll know. Lhatever else he rnaV as wa all know, whatever else he may be, isfby no means fool, and hence his acuon:may ue regarettju as an muicfi- tion Miat the democratic candidate M .;t,i k o.uta.i Tho Aamn,.raia of Massachusetts, at any rate, sayl r - . that Sen's support means the certain? clectlon of Lovering. , i . ; Tb3 result of the bolters' i 111UVC 4 mentiin Baltimore should be a lesson to aitaemocrats who are disposed toj kick out of party traces in their? a-nxict'y to secure their own advanced The Baltimore malcontents styled themselves, "reformers" aqid' gave out to tne world wnat was? pret$4iuch in effect that every Bal- timofeariUvho called himself a demo-1 I -j . r 1 Ai.'i tl,;f TU.-i join tliemselres to the republicah3 - . - and fchVnatural result of such despeM ate &Hics was that the democrats o; , . .. . . , . r ? tnetatygajnereu.in ineir migni an Edit. ISO lut down the unholy alliance thafe ; and fee 4s of 11)07, by reason of which strongest terms the evils of a paper' ilid Hqt scruple for selfish and parii! scarty a $1,000 4 per cent bond curreupy,. dependent for its volume san f rls to vilify their city. As j; costsTnearly $1,300, the loss bow is only oh the will of the national legis con4aence ' w have a taa$ ; mudj greater, amounting to nearly ; lature butl recommended an irre joritys for ,the regular democratic ; $50,000 currency abstracted from the dcemable . issue of bonds bearing a. candidate for mayor larger than th community in which a $100,000 bank. Jow rate" of interest, say two per cent, one bUined at the last election,' an I ' is located. which thould serve as a basis of the. the Alleged reform movement appear! is Inrthis manner the South and the- national banking system. Others de inks true proportions of a lizzh j West hae, in the aggregate, been do- tuaudod the repeal of the ten per cent; merely. Whenever an alleged demos I privejd of large amounts of money to , tax on imfues of State bonds, and a1 crat: is found who is altogether tot? be accumulated in New York, the return to the old State bank system roogoou ior ms party, it may oe ses cmet? ieneuis tne oanK coniernng on dowu'as a fact that the said alleged the community being collecting their is to;far gone to be saved, that he ifif ; o n noney, partly capital, mainly de prejlaj'ed to sacrifice any principle Y positp, and lending the same at rates he iay Lave aa the result of the stucjy 1 of interest so high as to throttle jitnliobscrvation of bin lifetime, andif business enteriirises. Tie South has wai&nlg ut all to desert to the tuemyi sufl'eled the most because by tho re- is wuitiug oniy ior a uju, so tpav he fniiy make his treachery to ;hi tsepfio of light Mch him the big; ges price possible.. The way to j -lorisi is to reform within the party and' and honest de3ire for refornf wjlf exje$s itself without going beyond the jxrnuds of, party policy and party discipline Let kickers everywhere prtierit and prospective learn thu lohibn contained in v, hat has come of thai machinations of their kind fa BaHiiiiore. It is supposed the repub Lcaii canvass in the State will now t4 a baiidouod. The Waterloo, suffer. 4i in the State metropolis is supposed to te BufHcient amusement for ili p;udy.! It ought to be, though the.; republican party, "it must be admit; te has recently became very hogi gisli of defeat- W0Ofcr A.VD MHUVrACTVBKS OF WOOL from the special report just made by he chief of tiA bureau of statis tic! of the treasury department at IWwhBgton on wool and the manu factures of wool, a report to which wet have already referred in a general WaV. it appears that in North Carolina 1 . toofv m ui:v- i - UJBitt were 111 loou vwavusuuivuiB fof the manufacture of woolen goods with 1 57 cards,'' 30" looms, 2,374 Bplndfes and 185 employees $2p3,iOO is jthffamount of capital investetj in the business; $23,195 the amount pid out as wages, $255,707 the total vqlueiof all materials and $303, 1G0 thle value of the production at whole-- Be. tThere has been a steady growth of the business in the State, it appear?, Biice3850. In that year the cost of materials used was $13,950; in 1860 it was $151,005; in 1870, $1C6,497 and in 18H, $255,707t The ; value of products in 1850 was $23,750; in l!ft0,f$291,000; in 1870, $298,63; ii 1880.t$;J03,lG0. At the same lime Fthfere -seems to have been a falling off between 1870 and 1880 in the number ol establishments, capital invested, b4nda employed aud wages paid.. In 170 the number of establishments' wk 52; in 1880 it was 49. In 1870 tbje capital invested was $237,800; in 1,S it was $203,100. In 1870 the ntj-iber of bauds employed was 249; ul30 it was 185. In 1370 the amount of wages paid was $39,101; inilHSO it was $23,195.. -'Still the final results show steady growth and are encouraging. It is clar that in this line of n disirjv. comparatively small among tle State's great occupations, as, irfall&therjlines. North Carolina isad vaiheihg with steps which, if not as rap idfas 4ome that her neighbors jre tafe inj;, Are sure. Sr"t;K(iEos, the famous preacher, has wlthdiawn from the Baptist Union. He says in explanation : "To pursue uaioa at'the expense of the tru'h is treason to Jesutf. To tamper with His doctrine is to become a traitor to Him.'; We have before us the wretch ed spectacle of professedly orthodox Christians pufelicly avowing , union wth those who deny the faith, call the fall of man a fable, and deny the personality of the Holy Ghosts He says, .however, that he does not pro pose to start a new denomination, jBob Lijjcoln's boom has been llundhed in the West and in Vermont tiere; seems to be a pretty strODg ex pression in favor of Allison. Mean time Blaine is getting in no little quiet work! and in a collision of men of ftis following with Lincoln men in a hicftgo ward primary the other $ight his henchmen put to flight the Supporters of "the son of his father"' (gnominiously. Ab for the democrats, jihey will beat one of these men next year about as easily as another, f v'ir- : ' ' .1 ' - "v Chables Dickens the younger is how reading his father's writings in New:York and is producing an effect, it appears, almost as charming as ithat)f the father's presence. Else where We print an account of his first 'appearance written by Mr. Winter, he famous critic of the Tribune. 4 - SAPropMdBattkttmirsta. p. Jvs and Obsemr. ,j, s Chapel Hill, Oct. V8, 1887. t I am glad to find that you are fully jliroufed to the dangers impending ; verur , country in consequence of certain unwise laws, lou have most JablyjBndeavored to arouse your read-: ers $0 a Sense Of these perils. I Ifwriti to make a few suggestions by'! jway m seconuing your muituua. j, Lighteon months ago I called the 1 . 7 V- ' 7 r , " . ini-ivtiftl lior.binfy arafom T a a m 1 f t art f !.u on eat merit nauelv t p.r - , , , great merit, namely, Uhe probable security of the cttculaH the probable security of4 the ctrcalat - ing ajotes, a merit so important and afef to tur PfP8 ba3 l'L10 J6. bav? ii - , j , joperaxea injuriously n tne pasvana f unices corrected, will operate disas- uuj m iud iuiuic. , . - . I. tie,f def?ct' a8 1 pointed OUt, i.w tuft pant notes are only obtama- f e -v. deposit of government A. ' - - """''"""e."- 'J", J ua'uuu uu to currency to some moneyed centre, say Hew Yrk city, buy the bonds at .1 1 rr a pruiiuui anu outain oniy ao per cent of the par value thereof in notes. Tho community, therefore, by the es tablishment of the bank, loses of cur rency the 10 peFcent margin and also the premium on the bonds and the am o lint of reserve necessary- to be retailed by the bank under the law. A lew years ago tne establishment of Sl60,000 bank caused to be'sent to Nn?rk $.U5fSrtiu "I' l which it receiver! 00.0(l0 in retjirn " r ---j , nart of which must be retained a re serv leaving for lending piirposes about $30,000 less than was sent sway, lX 9PaS to the rapid extinction of the government debt, there beine . f , .r lesuas oi , the war it started in 1805lmost denuded of all etirreucy,, As tho tiino approaches whou the government will exercise its right of paying oil. the bonds at par, thero will be. iutrinsically a constant yearly loHi f premium,' so that many banks havorbee-n paying off their note, iiu 1 issuing no nev notes. Tbtia has led to a great decrease of tne Currency of the country, of which .' you, JMr. Editor, nave spoken repeat- edly ;and wisely. The public is hardly awaoe of the extent of thib decrease, On January 14, 1875, the national banknotes outstanding amounted to -351)861,450. On July 1, 1887, of those already cancelled or calhsd for :in exchange for greenbacks deposited with the treasurer of the U. S. by the banks for the purpose, the amount is only $17183,375, That is, the banks have diminished the circulation of the cjduntry ISO millions of dollars, i This contraction has tended undoubtedly-to the retardation of the revival of business. Nothing - his prevented more ; disastrous conse quencas, but the issue of silver no tes exchange for the 412$ gram dol the silver lars 'accumulated under coinage act. ' i Theicircaloiliou of all the national pants pi jew xorK city, witn a capi- i fcal stoek of aver 45 millions, is only j slightly in 'excess of 8 millions, i The. banks pf , North Carolina with j about $2,40000 of. capital have out standing about $800,090 notes only. When fwe jexataiiut) the reports of the Several banks .we find that some have a still jf-ss proportion The Commer Qial Ndiiohal? Bank, Chatlofto,'. has a capital," of $175,000, with only $15,000 notes. The Rational Bank of Raleigh, has $190,00p capital with $10,000 note3. The First National Bnk, Wilmington; wfth $250,000 capital, has only $ti,99J notes. The First National Batik. Salisbury, with $50, 000 capital, )as $12,340 notes. ' j. These Bttements show that the banks do hot UQd it profitable to issue notes btaind at sucu heavy expense for premium?, together with the one per cent per annum tax on circula tion. :Sonie; editors complacently as sert that th national bank ftysteiu is the beEt ever devised. Yet it is fast breaking doiyn, so far as its function as banks of issu extends, j The extraordinary rapidity of di (uiuution Of the public debt, and cbn sequfiit rise in .the price of govern nif-nt bonda, ha5 been caused by our enormpusTS'eJuc-s, the result of the hij,'h iDtotective tariff, whicbt he protec tionists h'av.e been unwilling to iee Ibwerod (or'fear of injury to their nanufacturingbusiuess. If, instead of tapidly liquidating the debt, we had become invqlsed in war with a strong poweri, the price of bonds would have lalltUj.'and the banking pystem mighl have broken-down from their depre ciation. Tlgfl is evident because the banks ;caii t&ly receive in notes 90 per cetat of fhe par value of the bonds, and the 1hw requires that if the mar-, ket price is less than par the 10 per cent margin, must be kept good. To get funds wheiewith to keep this margin good sach curtailing of loans mighYba bej;es3ary as would ruin the business world. A banking system which -will be affected so injuriously by either a reat rise or a great fail in the -value of the securities on which it is foiirded purely needs amendment. ' Another defect of the system is it's want Of elasticity. In the most pros perous! times,when large transactions need increased circulating medium, the banks are fettered by a cast-iron rule. In a financial panic which can only be allayed by liberal "loans to terntiea aeptors, wtien men of largo means may lie driven into bankruptcy for want of yeady money which the banks wpuld; gladly supply, this rigid law lucks up their vaults. , Tho Banfc of England, by Peel's 'Att of 1844Jis allowed to issue 75,- 000.000 of notes on fjovernment se curities. .All issue beyond this mustr be ba3ed bn equal values of bullion, T one-fojaith pf which may be sil ver. ; SsomO; think this system the perfection- of wisdom and Strength;' jet three ; times since 1844, frizt, in 1847, in 1857, and in 1866, has it been necessary for the bank, by the? advice of - the ministries in power fwh'opromised to jprocure from Puiliirrient Acts of indemnity, to is3Ue more notes than the law al- ! lowed, in order that the commercial world miirut escane min. Amnrior j others the freat' house of Peabody, j : tbe philanthropist was saved by this ' desperate measure. N0 such deliberate breaches of the 1 . national baj&king law could be tole- i ; rate4 n ih Tjnited states. Unlike 1 the Englitsh'Chaucellor of the Eiche- ! . i,nrJ nn. SA.tw nt ll. T1 be fprcej "to h)ok on wide-i . fepreatj ruia withoat powi-r to extend , reiief. " i iu tiiO panic oi L&tJ tJie DanKs ol : v-r . . ewrf T7 imUatfcd tw giisb expedient by extemponzm'' a cur- U: u m.,.i' ! i;ency Tj2- ; They j greenient clearing bf balances, due, bt ! forlhe benefit of tl houe certificates ut this wa3 only f lul u uuuout vi tuemgtu ves and oi 1 1 . - i l r a i i i r New'Tork citv. Thev strenrrthened- hemselve's fSurtiw by postponing re tnittariccff tot banks outside of Ne'vv Vorl.. in nntr ,1ierAfy.r,V nf ,V, kQt,ArUi;-'A. z. ..m ' tSLO Ul LI1C1L LUDLUUlCl n. . f I ,1 II V til I I I - 4 1 barely: eBcapd insolvency, though possessing,' abundant securities, be- cauee bf inability to procure notes. i WHA, SHALL BE 10KE 1 This is a question of great moment. vet our public men apparently fear to .meet it. - ;iney seem to prefer to postpone action till the ruin comes1. The 'discussions in Congress on the. subject fchowed no agreement in opiBion while many of the suggestions were wild and ab surd. , The - greenbackers urged the continued redemption of .national bank notes, and the substitution of government notes therefor. The "sil ver men'' would substitute for bank currency, silver certificates, !, e , cer tificates representing the silver dollars in the; gbvenment vaults. Others, at the head of whom i Mr. Bayard, K,(lM i . s. . (1 -7 .' with -all its lialulity to "wildcat" Jaere.bie and fraud, i I havo not space to demonstrate the fallacieb of these various propositions. I think it clear that it will be a great evil to liavp all our paper currency dependent on Congress, whether it be greenbacks" or coin certificates.; 1 fad to see fhat the printing of two per ebbt bonds, and having the 'cur rency re&t on - thorn, will .make any difference in principle or in fact, as Congrfcss can multiply bonds as easily as notes.: 'the return : to the State : bank sjsteiLis not, I thick, a practi cal quehtion. T.ven if Congress should.. Authorize; suel return, the evils of a currency 'dependent on tho wills of , thirty-six legislature", most of them unacquainted with fiuajcial matters.,, anil aomb of them corupt, out- , weigh! any postable advantage. With ' inter-8tatettrfVel and trade constantly '. increasing,' lie people should not j find will not B abject themselves to the,: iuconveniencefe and losses of chang- ing tneir currency at every State line. iiu piarr. wiutoe accepianie to our people without, such provision as wiljl j make all the .notes of the banks, no matter where issued, so guaranteed as to feirculate freely all over the Union, and, as far as by man wisdom extends, pertain to be paid in legal tenders-on demand. Can a plan be devised to j secure this, and ai the Bame time pro vide that the circulation snail be elas tic, t. cv shall be .capable of increase when business demands increase and shrinkage when such demands dimin ish? 1 : I contend that if the banks should be allowed to invest their ; capital in le.jal tender coin, and to issue notes not; to exceed in value'three times the amount of such coin, the amount in excess oi the value of the coin to be invested in negotiable paper running not over three months, these desira ble ends would be attained. To explain this I will give exam ples : ' : The three banks of Raleigh have an aggregate capital of $425,000. At preeeut they issue only $190,000. Un der the proposed plan they could is sue, if the wants of the business world should require, up4to $1,275,000. To secure these notes the banks would have coin, $425,000, and $850,000 in short time paper. The banks of North Carolina had in .October. 187G.-a capital of $2,376, 000, with a circulation of $800,800, Bojfore 18G1 they had a circulation o five or six millions. Under the pro posed plan their maxinlum circulation wojuld be $7,128,000- To redeeai these notes the banks would have in coin $2,370, 000, and in shoit time bi'.js $4,752,000. ; Some are startled at this sugges-1 tioti as savoring of "wild cat" bank-1 ing, but in reality it is entirely safel It is not an experiment. It has been often tried, and when tried honestly, has always succeeded.: Sorue of the best banks in the world have had, and now have suchj p?wer. The Imperial B ink of Germany, a most sound in stitution has it. The Bank of France is a bank of this sort, and has passed successfully throftgh the most trying political revolutions and financial stomas. ' Wisely and honestly managed this is as safe as the national banking i VA'ithout wisdom and stitution is secure, as the depositors of the Exchange National Ban- of Norfolk, the Marine National Bank of :Newi York, and over one hundred others which have gone into the handa of 'receivers, havo found to their cott, Carelul supervision by the officers of the government and prompt subjec tion of offendera to. criminal prosecti- , ticin havo greatly increased :the safety 1 01 our present system, ana tbe sumo in th future. will dp The advantages of the proposed P-an are obvious : J. 1st. The new -currency would be elastic capable of expansion when business is buoyant and the demands for money are .great,, and it would contract naturaliy when business is diill. The volume would seldom be .erual to the maximum. Many of the old conservative parlks never reached tLe highest limits, because eligible borrowers were not found. 2nd. The rate.cf interest would fall, owing to the increased supply of currency. Since 18C5 banks in the South have charged as hich as 18 to 30: per cent per annum interest. It is ot at all wonderful that our far- mers and other business men have been ruined. With money at 6 per mnt radilv Aad. nn th a.vnritv hf innminr crona. thv cmibl mv rb' 4or tueir supplies auu avuiu we ruin- il f : J " 1 L . -j jB ; ous losses of workiner on credit. tav ing for the use of the capita) thus obtained at the rate of 30 to 50 per cent per annum. Can it be so provided that the bank notes will have full credit throughout the United States Can they be made as secure as the existing bank notes? lliinlr fbaaA-'nUAafinna mv rtAon. ewered affirmatively. Two plans sug-jjest themselves for tie accomplishment of this result: 1st- ouusuiaie- ior tue exisuns i . . i H bjb em a greal aUK oi tne' umtea States,' with branches in all the stf.pH lit thfiTlAnl- nf Frn withitc departmental brohcheS. Against such an institution there is plainly a deep- . .. . . i 1 :. , l : 1 : -1. I. j 1 ejiicu uiejuiiiw, wuiuu una ucncwiu- eel from the? Jackson deadly fight with the second 'Bank of the United ! States;'' but there seems to be nc- reasonable ground for Concluding that another institution in our day would necessarily be unsound or un- '! fortunate. The Bank of France has ;j been eminently successful for years. 1 and the Imperial Barik of Germany.;' is moving on with similar prosperity", r; 2d. Assuming that such a scheme -will not meet th approval of Con- ? gl ess, 1 suggest that the present sys- tern could readily receive the proper i ; modifications. Lt thfre be the same, : or. more strict surveillance by the government. Let there be even heavier penalties inflicted for misfeasance by the officers, feet there be fre- j : (juent publications of the condition of the banks. Then let them substitute' legal tender coin for the bonds of the United; States, and have the privilege of issuing notes" payable to bearer, provided, as heretofore suggested, that one third of the amount shall be BtpreBflnted by coin,! and two third by negotiable paper running not over three months a large proportion of the coin to be in g aid. Jn order to make these notes uni versally acceptable, the coin might be deposited with the government, m d a sufficient tax, levied on the cir culation, should be Us d as an insur ance fund, out of which the notes of insolvent banks shall be paid. .ThiB proceeds of this tax are not needed by the treasury, and as the goyern ment would have control of the same, us well. as of the coin of the banks, it could safely guarantee the circulat ing notes. . J'rom 18G1 to' 188b' inclusive 112 national bauks have gone into the hali J a of receivers. These issued notes equal to $H,2r;i38. The pro ceeds of the tax on circulation for the same period amounted to $63,706j 7'h, hhowing that the present tax wijl be ample to indemnify the gov ernment on account of its guarantee. Even if by any possibility the govern ment should bo called on ito supple ment this funjl out of the treasury in order to make note holders narmless, I contend thai a sound circulating medium is as important to the gen eral welfare, and has as much claim ' on the paternal care of the govern ; ment, ah the postal system, or other ' governmental function constantly I aidod from the public, treasury. Borne may object that if Would not be safe to entrust the government j with the custody of the capital of the tanks,, but that ia done tinder the present system. A. government cer tificate for bdnds deposited is no in ore secure than such certificate for j:oin. - It will be noticed that I offer noth ing for the protection of depositors. I do not think it is the duty of the government to take care of private interests. Moreover, all banking sys tems need the jealous watching of their neighborhood customers with their eyes sharpened by self interest. o aid in holding bank officer s to their duty. v ' j If the proposed system should be adopted, there woulel be enough pa ?or fcirculation without '"greenbacks hese. relics of the great civil war should be called in and cancelled. Their retention will lead to embar rassment continually. Kemp P. Battle. , The Signal, of this city, says that Ray and Anderson, who committed a brutal murder in a Mitchell county mica mine some years ago, have been found. It says: "This celebrated murder case, the trial, conviction and escape of the defendants, is still fresh in the minds of our readers. The immediate friends of Bay and Ander son may know where they are but the public nave heard nothing from them since they escaped from Asheville jail.' We have just learned- that a gentle man from, this State who is now do ing Europe has written to a friend in this city that Ray and Anderson and heir families are living in- the north ern part of England and are thriving farmers' and cattle raisers. In Brief, And to tbe Point Dyspepeia-ia dreadful. Disordered liver ia misery. Indigestion is a foe to good na ture. ; The human digestive apparatus is one bf the most complicated and wonderful things in existence. It is easily-put out of order. I Greasy food, tough food, sloppy food, nd cookery, mental wcrry, late hours, rregular habits and many other things which ofight not to be, have made the American people a nation of dyspeptics. But Green's August Flower has done a Wonderful' work in reforming thii sad buBinteea and making the American peo ple so healthy that they can enjoy then mS " a&SJ without htMilth Rut fJrpnn's Auciutl Flower lionesty no in- ; brings health and .happiness to the d s the depositors ! peptic. Ask your druggist for a bottle.; jseventy-flve cents. People in California go to other States for their' health and peop e in Other StateB go to California for theirs The good things of this life 'are .always a long way off. ' Skin diseases cannot be successfully 1 treated br external applications. The iwoper' way to cure Buch colpplaiots i" to : punry tne Diooa witu iyer sarspparu a. , Under the vitalizing influence of this medicine all the functions of the body are brought into healthy acti n. 1 The St. Louis J'ost-JJi.atrt sug gests ' that Dakota should be com pelled to knock the snow off her feet before coming into tne Union. ! . ; AUVICK 10 JC OTHERS. ,' Mrs. Wlnslow'a Soothing Syrup should alway be 'lsed when children are cutting teeth. It re iieres the little sufferer at once, it produces natu ral, quiet sleep by relieving the children trom pain, ana tbe little cherub awakes as "bright as a but ton." It is very pleas&ut, to taste; soothes the child, softens the (rums, allays all pain, relieves: wind, emulates tbe bowels aud is the best known reidy for diarrhoea, whether rising trom teeth Id? or other causes. Twenty-five sects a bottle ! Write to Mitchell Paper 3ox Go. j Petersburg, Va., for boxes. , ' " " ' Ahe, T sks ,?n Infftn C0,i? ure j thin, and the golden rod was yellower than unusual. This, the weather- wise say, is indicative of an open iwinter. A Famous Doctor Oiu-'O saiit tliat the secret of good health consisted in keeping the head cool, the feet wartti, anil the bowels open. Hail this eminent physician lived in our oSiy, ami known tho merits of Ayer's Pills as an aperient, lie would certainly have recouimeniled them, as o many of his distinguished successors are doing. The celebrated Dr. Farnaworth, of Norwich, Conn., recommends Ayer's Pills as tiio best of all remedies for " Intermittent Fevers." Dr. I. E. Fowler, of BridgeiKirr, Conn., says: "Ayer's Pills aro highly and juniversally spoken of by the people about here. I make daily use of them Jn ray practice." Dr. May-hew, of New Bedford, Mass., ! says: " Havi ug prescribed many thou sands or Ayer s nils, in my practice, i can unhesitatingly pronounce them the best cathartic ia use." . The Massachusetts State AsSayer, Pr A. A. llama s, certilies : " I have mail. careful analysis of Ayer's Pills. T contain the a-"tive principles of v known drugs, isolated from inert n. ter, which plan is, chemically speaking, of great imKrtance to their usefulness. It insures activity, certainty, anil uni- 1 fonuity of effect. Ayer'a Pills eontaiu tio metalltc or mineral substance, but the virtues of vegetable remedies in skillful combination." Ayer's Pills, rrepmrcd by Dr.,T. C. AycrS; Co.,Irfwcll,MM. Sold by all Ueera In Mxltrtl 18S, 22 YEAIBS IN THE- CLOTHING BUSINESS. With the vast experience cf eo many veara and the advantages of a successful ; and prosperous career, lam still in the front rank with the Clothing Houses of the South; but desiring to make a change in my buaineaa, I am now offering my superb stock of CLOTHING AND (.'cntleiiirirsFiiniisliiiiiiiioiMls -AT- (VERY LOW PRICES ; This is no sham, but bona fide offer, 'of which all will be convinced who call at my store and examioe my stock and prices. Remember tbe place. L. Rosenthal 6c Co.. POIULAR CLOTHIERS, Mo. Hi FayeUWllU Bt. Bnocbitia, Vrimop n Coush. Iortptei.t Cmuwmp-1 i:ax Ana r :r t pwumiwn nnmi la KWMcd msa o t on. T.'. Oeauiiw r. Buii trtn-A f)n p told only In irhiit lrramnt, rl beafa OCT iw:rterwl T-TuIe-llArki wlti f ac-f mile art im fftnresi otjatm W. k8 Sols) I SALVATION OIL, The Greatest Cure on Earth for ?in, Will relieve more quickly than any other known remedy. Rheumatism, Neuralgia, Swellings, Bruises, Burns, Scalds, Cuts, Lumbago, Sores, Frost bites, Backache, Wounds, Headache, Toothache, Sprains, &c Sold by all Orugjrists- Price 25 Cent a Bottle C. B. EDWARDS. I. B. BROl'GHTOX. HOWARDS & BRoruilTON, PRINTERS AND BINDERS Blank Hook Manufacturers. We have the largest and best equippod c ?tablishment of th k'nd in this State. Oar -work is first-class, and we give thf i Tactical experience of over 15 years iu .'to business to all work entrusted to us. Our Business and Professional men can et anything needed in our line at short t.otice. ut'R Ll-UCERS AND IJLAXK HOOKS K-euerally are notsurpassed for durability. Order solicited and prompt attention riven. Mm i l'.ROfiilWN, Printers and Binders, Raleuui, N. C. Family Supplies J.R.FERRALL&C0 222 Fayetteville St. New, f resli and desirable goods arriving daily. ! FerriB Fulton market corn beef, smoked beef and tongues, N. C. hams. N. C. i.oe and cut herrings, new buck wheat, new raisins, currants and - ' citrons. Cranberries, evaporated peaches, apri cots, apples, raspberries, &c. v 20 barrels choice apples. . We can and do sell the Best Goods for the Least Money, and are confi- dent we an convince every- body of that fact who will give us a ' trial. Goods delivered to all parts of the city FREE. HEADQUARTERS WOD tiW LONG AND CUT, 6 C 3D A IL, ANTHRACITE, I White and Red Ash, Furnace, Egg and Kut, Bituminous Tennessee, Kaniiwha Splint, From West Virginia. Lights easier and burns loDger than any other soft coal on the market. One hundred tons now on the way. Give it a trial. PHIL. H. ANDREWS 6t CO. jOTICETO CITY TAX-PAYEIRS. The fcity tax List for 1887 has been placed in iny , hands fore collection. 1 will be in my oftico for -that purpose ev ry day from 9 a. ni. td 5 p. m. All taxos not paid by December lBt' are sub ject to a penalty of ono- per oent and an additial one per cent on the first day of fach month thereafter until paid, , t C H. ROOT, City Tax Collector. Ott27dlw. Tanner & Uelaney Engine Company RICHMOND, VIRGINIA. Business established 1865. The moat yiroplete Machine Shops in the South Engines, Boilers. Saw-Mills and Ma ihinery. Light and Tramway , Locomo tive. Pole Boad Locomotives a Specialty W Correspondence Solicited. "Vend ten Catalcrue. i 1 TTKSDIXO AD V EUTI8KR8saoubfa44rest. ; 6EO. I. KOWEU A CO I ??raS 8twet' lrBW X aty T JAt I 1 truo hew.fuxtr. Will bs snt on mi on : r i v , ' T W. H. & R. S. TUCKER & CO. :o: FOR THE VISITORS TO OUR STATE FAIR. We can show you the largest and most elegant store room in our State the peer of any in the South really one of the most interesting Bights in the city of Raleigh. Better far, we can show yon the most attractive stock of Dry Goods of all kinds, such as are peculiarly ap plicable to our peopled wants and wishes, to be seen in this country. Dress Goods, Silks, - Ladies' and Misses' ! Wraps, Carpets, Hugs, . Upholstery, Gentlemen's Furnishings, Gloves, Hosiery, ', U,nderwear, ' Ac. : : We extend a cordial invitation to j every one. ff. II & K. 8. TU KEK & CO. I buy for eashj and sell at low- est figures, the best eloths in the market made, to order. My stock is well selected, and I defy competition in first-elass work. Give me: a trial. P. J. Duffln. 109 1-3 Fayetterllle St. Slimmer has Struck the Town -AND John S. Pesoud THE Old Reliable Druggist Eas struck a popular chord in introducing one of the Old North State's Treasures THE LINCOLN LITillA WATER, THE BEST OF ALL WATER For Gout, Rheumatism and , all ' Kidney and Bladder Troubles. LINCOLN LITHIA WATEE. John S. Pescud, Druggists and Seedsman, 118 Fayette j ville Street, Raleigh. N. G. j Sole Agent for ; ' ' m ' ' ! II 111 111 Ol If I'lllkS N o More Plies I've got tbe drop on thess troublesome pests, and my new Fans, propelled by a stream of cool water from the water works. KNOCKS 'EM SPEECHLESS IN . TWO ROUNDS Let everybody come now and drink Sparkling Sdda, Delicious Limades; Renovating IrIoie Or any other Summer Drink, drawn from the best and handsomest Fountain in all this sunny clime. X0 FLIES, BUT BREEZES That remind you of the wave washed beach, or the tower ing peaks in the land of the clouds. Jees, Minerals and Juices, That are refreshing and in- vigoratiiig. . My store is a j morning, noon and evening resort, and all ' my friends and patrons are ALWAYS WELCOME, Vistors : to the city cordi ally invited. a5no. V. MncRai Drugeist and Pharmacist, Cff Witonfiaftrtin and UtfU. StCtMekh, N- a DRY OOOOS. tie rociuonis sesmittiiioo co u MOST ECONOMICAL FUEL FOB GRATES AND STOVES. !' : . We append a tew certificates from peraoa Who led it lust winter: . P. H. BALI. SUU Trascr, an: lEMRS. JoR POWSLI. f (irKTi.KKi:- 1 am i.iuch pleased with the Pi thonus foal (urnied hjr yi lt wtnter. I fin rcco!nran1 " a satisfactory In every re- V . r. Wllfr, Jnurrtirrr nirffiiSiUl(Uii, it Saw. . ' - 1 I used the Puoalmntos'Coal in a nottable irtxte 1 .st winter, and like It so well 1 win use It attUn i ext whiter. H. 8. BlTCliiJfiS, imm JUkrr, mj: , I used the Pocahontas txat last winter In a i rste at home and In a stove In my shop. I t . i lit to any Coal I hare ever used, either hard or tt. I can rrqulato my fire better tbao wlUi any ther and find It more econotiiicaL (tfL T. C. WILLI AIS, ItsiriBCe i?flt,UTs: 1 used the Pocahontas Coal last winter In open r. re-place grates tn the Central Hotel almost ex-' .luslTfly. and areatly prefer It to any CJ I nave rverused. It burns longer, produces less asbes " and less smoke and soot than any bituminous Coal I tare used, and burns sufficiently free lot all .irwtical purposes. H. W. Pfilrr is lnn, liKif., Hn: I used the Pocahontas Coal last winter la a rate. It burns frerly enouc"!, lasts well, makes very little smoke or ashes and no offensive orUor. I regard It as the most economical fuel and prefer it to any Coal I hare erer used. P. ClWrlt, Imnirt ijtit, mji: - I used the Pocahontas Coal last winter and am much pleased with It. LEt. 1. 1K.IITT, at Staff latisnil Bank, utk: Say what you like of the good qualities of th . rocahontas Coal for fuel and 1 endorse It. Many other testimonials from citizens of -Ral-iKh, who hare adoitted the PocahonUs Coal for el, could be aad if th y were needed, or sale by , Jones 6c Powell Miners' Affrnts, Raleigh, N. C. Ai, 'jraclte coal of all kinds. Long anl lut Wood ,ila) for sale at all times. NJEW! NEW DRUG STORE, Pure and Fresh Drugs, Competent Pharmacists. We announce to the public that we iiave just opened a new drug store in the ' ity, corner of Cabarrus and Dawson treets, near the Union depot. We have ust put in a large and carefully selected tock of pure and f resh drugs. v e have :x corps of competent pharmacists, who -vill accurately compound prescription tay and night. TOILET ARTICLES. A complete line of toilet soaps, pcr umes, hair-brushea, tooth-brushes, so., SPECIALTIES. We will make a specialty of cigars and! obacco, and will supply the public with he best articles at the lowest price. Proprietary Medicines. This department of our store ia up lied with every standard preparation iemanded by the trade. In short a complete line of goods in a' complete store. A. W. Goodwin 4 Co., Cor. Cabarrus and Dawaon Sts. I GOOD NEWS ths I. S. Mail CIRCULATING LIBRARY. :i I i Ia a Library of Beveral . THOUSAND VOLUMES, I By standard writers cm every subject, jiatly auu suoaiautiaiiT uouoo; not connnou tn IU use to the city, but can be . SENT BY MAIL To subscribers everywhere, all for a very SMALL FEE. Ail subscribers are enrolled ai memliers witlU out extra chaw, of tue book-Buyera' Na tional Co-orrative Associatioo, and ill be sunplleU with nilteellancous books of all kinds for their own ose, at lowest wholesale rates. A pouts wanted. Address J. . Denmark Sc. Co., HanaKer N. C Department, Baleigli, N. C. 1100. 100, 100, 100. I BREECH-LOADING $9.00 to StO.00. Ten Dollars Buys a nice double-barrelled Breech' loiding GUN that will shoot equal to .a more costly! one. GUNS AND PISTOLS i OP ALL KINDS. An examination of these good aolioited Hardware Of every description. SOsh,Doors,blinds, wi ana Heating Btovea, Kubber . Leather Belting, Lime, Piaster, Cement, Paint, Oil, Glass, Largest tock in North Carolina. (Julius Lewis & Co., Opposite Market. Rnleigh, N. C. NOTICE. I am now well prepared aad equipped to do anything in the MARBLE OR GRANITE LINE. Monuments, Headstones, Jtc, and in fact ' f.nvthitlff in th atnnA 1,m -4 ' , , -rices as canjse had anywhere. Chas. A. Goodwin A si fa I

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