- ,r
iiie Daily Standard
BY JAMES P. COOK..
OFFICE IN CASTOR BUILDING
The Standard is published every
day (Sunday excepted) and delivers
ed by camera
BATES OF SUBSOBIPTION
One year.... ............. ..8400
Six months....:........... 2 00
Three months 1 00
One month................. 35
Single copy . ...... ... ..... . 05
ADVEBTISING BATES.
Terms for regular advertisements
ooade known on application.
Address all communications to
THE STANDARD.
Concord. N . C.
CONCORD, SEP C. 29, 1895.
The school board of Terrel, Texas,
has passed a rale making it the duty
of the teacher to send a pupil home
on the Orst occasion when he is
caugn smoking a cigarettee. If the
parents co-operate with the teacher
in the attempt to break up the prac
tic, the boy may return to school on J
the Bame dny. In case of a second j
offense the pupil will b3 sent home
and suspen-Ied until the regular
meeting of the school board", when
xhat body will take action on the
subject For a third offense the
pupil is cut off entirely from the
schcol. The boys can not be pre
vented from using cigarettes so long
as they see respectable and prominent
men usiug them or see men, engaged
in their production, immortalized.
There is no influence strongei than
.living erery day examples.
MONEY.
JNO. 15.
Now let us suppose that our stand
ard of yalue is too high, that our
money is too "dear, and let us sup
pose farther that it shall be reduced
one-half. That would make each
dollar now in circu!ation have the
commercial value of only fifty cents.
Each hundred-cent dollar no.? in
the hands of the people would be rei
duced in commercial value to a fifty,
cent dollar,
In making this change of standard
the law would lib doubt provide that
no man should be wronged out of
his honest earnings. The law would
no doubt say that the change should
apply to new contracts and not to
old contracts, notes etc. A clanea
would no doubt be attached to the
law naming the basis on which all
outstanding claims should be settled.
It would no doubt provide
for tho payment of all dues and
claims oa the new basis. All de
posits in savings and other banks
"would have their nominal amounts
doubl.d. All notes and accounts
outstanding would leave the amounts
for which they called doubled. All
laborers would have their wages
doubled. All clerks would haye
v their salaries doubled. All fees, all
tasea would be doubled. All prices
would be doubled. All old notes and
all bonds 'of long or short standing
would have their face or nominal
alues doubled. Allratea of interest
would be doubled. In this way the
law would provide that the holders
of notes and accounts, laborers,
clerks, etc., should not be wronged
out of their just dues. The law
would hardly change the standard
without caring for thoca,who are in
position to ba wronged. To make tha
dollar a half dollar, and not make a
hundred dollar note bscscxe a two
hundred dollar not, would be treat
ins the holder of the nota. unjustly.
This the law would hardly permit.
'?e,law,c,btj,lstTtfKorrt
oi me way, meu Bwp, uui wuov
the whole way, so as to include &U
kinds of contracts. To allow goods
to oe sold on the basis of 100 cents
- - .. .. - v
to the dollar, and then force a set
tlement on the basis of 50 cents to
the dollar, without doubling the
merchants account, would be to
wrong the merchant put of one half
of his account To borrow one nun
dred dollars on the basis of a 100
cents to the dollar, and force a set
tlement of the note on the basis of
50 cents to the dollar wuuld be to
wrong the creditor out of onehalf of
his money. Any government that
would attempt to enforce any sucn
law would lose the confidence of its
people and would not stand twenty
four hoars. ;
AU debts would be doubled and
would stand fixed in amount, but
how would it be with the prices, say,
of farm products ?
At first they would be doubled. If
cotton had been seven cents per
pound, the price would be raised
suddenly, to fourteen cents. This
, doubling of the price would tend to
increasing the amount produced.
The amount produced haying been
largely increased the price would
tumble, but the doubled debts would
not tumble. If a farmer was in debt
and from some cause or orther did
not succeed in paying out the first
year he would find himself heavily
burdened, if not hopelessly ruined.
The reader who remembers that
the law cannot be a respector of per
sons will no doubt be ready to ac.
knowledge that the matter of tam
pering with the standard of value is
one that might bear heavily in differ
ent directions, and what ma appear
on the surface as tending to lighten
the burdens of the debtor class might
in reality turn out to be a means of
increasing the load which that class
has to carry already. If the dollar
be cut in two, accounts and notes
must be doubled and doubtless
would be doubled by the Fame law
which cut the dollar in two. Jus
tice wold require that it should be
done, and it would be done.
Fortunately for the debtor no such
law will be enacted. The standard
will not be cat Diddle in two, and
account s and notes will not be
doubled. The dollar will no doubt
continue to be measured by the just
and honest standard of 25.8 grains
of standard gold. All accounts,
nctea, bonds, taxes, irages, prices will
continue to be paid on that basis,
and the country will go on prosper
ing. Saviony.
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.A2m A-. ,
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Ayer's Pills Regulate the Liver.
special m IIOTIEi.
The law of North Carolina.
See Chapter 116 Sees; 34, 35,
36 and 37 acts of 1895 requires
every Physician, "Dentist,
Lawyer and Hotel or Boarding
house keeper to pay a license
I tax and take out a license,
tinder a penalty of thirty days
imprisonment or fine of fifty
dollars, for failure to pay the
license tax. " The law further
makes it my imperative duty
to see that the penally of fifty
dollars is i afore ed Very few
have complied with the law.
Unless the parties :liable to
pay this tax, come "forward
promptly I will be compelled
(unwlllingiy:as I am) to see
that the law is inf breed. '
JoriN A. Sims, Sheriff.
Sept. 26, 1895,' - 2wdw "
COAL FOR SALE
HARD COAL,
SOFT COAL, V
BLOCK COAL,
STONE COAL,
SMITH COAL
Best Coal in the South.
A ccurate weight and prompt
delivery
Low Price- Call on
K. L. CRAVEN.
janl, '96.
MORRISON H. OALDW.EL
; A.TTOENEY AT LAW,
concord; n. a
Office, in Morris building, opposite
Court House.
ADM INISTfi A.TOR'S NOTICE.
Having been duly appointed and
qualified administrator on tkel esa
tate of N, G. White, deceased, all
persons toldiig claims against tho
said deceased are hereby, notified to
present theni to the -undersigned
duly authenticated on or before !
September 21 1896. or this 'notice
mil be pleadas a bar to their rew
coYery Alsqall persons owing said
deceased are notified that prompt
payment is cjpected.
T. J. "1niTE, Administrator.
This, Sept. 55, 1895.
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