fne Daily .Standard j" .ft
T
THE BEST
government have tye eflteot of jiJfartK
flf&Jjp fgwS 0 fti ffisSr in
:. v.
1
I 3
JEFIILillJK
s
W . m
: lo Ulandara is pubjishod every
day (Sunday excepted) nd delivers
td by cirn; u ';.
, pJ$n&$& WS0ftFTX09'
if , months . ;t . . ; .-V?
00
WW v ? n r r : s f -
One ttojjjlii. :
tferma top ?culwr 4dT$dmintg
maae Known oa'aoDUbauuih
Addreas all f bmniunicatipna to
t Concord. G.
OONUORD, OOT. 5 -t895.
, .- .v. r. , : J
The m: ket pri$e of $lt$r at this
time is about 3)3 fa 1,, that is, it re
quires about 32,pOQn4? of fljlyer to
purchase one, pouijd of gold. The
etandard of value in lhiscountry is
gold, that is, 25.8 grains of stanaard
gold, exchanging in tiie market for
825 grains of standard silver, or for
- the silver in two silver dollars. Now
suppose that the standard ichangel
so that 412.5 grai&s of standard
silver shall be the standard of
value. The prst thing that would
be noticed would be tho failure of
gold to be presented at the mint for
coinage. No one would be willing
to haye his gold coined into dollars,
if the. gold to make a dollar would
purchase silver enough to make two
coined dollars. If a, pdund of gold
would pui jhase thirty-two pounds
of silver, no one would be willing
to haic it coined on the basis of 10
pcunds of silver to one pound of
gold. There- would be. no gold coin
d, except for export. The next
thing that would, be obseryed would.
be the disappearance of gold from
j" circulation. If the gold that is put
1 in a dollar should be suddenly made
equal in value to the silver put into
two silver dollars, all the gold coins
would be hoarded or thrown into the
melting pot, for conversion into
bullion with which to purchase the
cheaper silver. If a dealer had $5,
O00 in gold, and they would pur
chase $10,000 in silver, he would
melt his $5,000 in gold, if it need be
none, p-nd sell the bullion for $10,
OD0 in silver., Inj that way gold
would go out of circulation, as
money to become a commodity, to
be bought and sold iie other com
modi ties. That is not all, after the.
market at home had exhausted
foreign markets would be visited,
and gc Jd exchanged for ilveri Our
"country would become the dumping
ground for all the lsi$er in tjhe
world, if we made the price, of sll-
- rfver here higher than it, is, elsewhere,
".We have about $600,000,000 of gold
In circulation tt wul require only
- $300,000,000; of one half of it, to
.. ; iPayte ye J& fa replace it
iarff, if it were withdrawn from cir
eolation, leaving a balance m the
hands of the owners of gold of
$360)0,9004 trUlr ich to purr
chaiS anbther $f$0d$00 of silyer.
The result Vw
Tfould K?e fncUfer and other
oaribialtAi; v
Wq ajre tOjld ocsm - that law
makei'tnonej, cid Mat if re wouid
adoptlhaiiltei standard that the
prioo of Bilver would 0 up at once
on & parity -with jrica qf gold.
' JLet'a see. There are in , the world
about 4,000,00000 silver dollar,
worth two blUldi dollars in gold.
Would our posing a lar, making
the ratio 16 to lj have e, effect of
adding $2,000,000000 to - the value
principle explained above would not
all the gold go ou t an 4eEJ5iftLCf
art coodnoted OQ'n4iilierm1eit
an4 uot oh ihe 'ttedijei MofKn t4;
voied by fcohesi but misguided en.
laiqn would e, it guent It
tht work, whilst to repiaoq IV win
silver cibUars dollar foi dollar at
the rate of $50,000,000 per year, that
being thecapacity of the miht,wou4
require twelve years To wilhdia
the gold would mean & bbntractibn
of the currency to the amount of
$6Q0,Q00,00O. 5uch a contraction
suddenly made, as it naturally would
be, would .... produce the greatest
scarcity of mpney ever felt by our
people, and would sand prices ( far
below the lowest point, they have
eyer reached in this country. , It
1 would bankrupt evtry man who was
iiuaeot, ana pas sacu a uuuipieie
check to all improvements that even
those who might hot be in debt
would be heavily pressed."
. We cannot shut our eyes to the
teaching of history, and hope to es
cape the penalties for the violation
of an economic law. Under the
erroneous idsa that money can be I
made by law regardless of the de
mands of trade and commerce, we
may enact laws designed' to . compel
the higher economic law to yield tp
the fancies of men who may be im
pelled by false notions in regard to
what constitutes and makes money,
but, if we do, we will pay a heay
penalty for our folly. The sooner
we recognize the ' fact that the
economic law of trade' and commerce,
so far a3 it relates to money, will
not bend to unwise statutory law,
the better it will be tor us. No
power on earth can make men give a
100 cents for ;50 cents worth of any
commodity, if they are unwiliing to
give it. Savigny,
' AVER'S P I MLS
yl!$ would til niytigoni to,
41 rb' naYe- nsd Ayer'a
pe4l ?ciute tfoia ihkti n9se:, Per 9tom
ii;ftd Urit troablef, and for the cure
Pi eja caused 1J heae derange
ments, Ayer'a fills cannoV be;, equaled.
' ) S
0m
When zny friends salt me what is the
best remedy for disorders of the stom
achy liref, or bowels, my invariable
answer is, Ayer'a Pills. Taken in sea
son, they will break up a cold, prevent;
lagrippe, check fever, and regulate the
digestive, organs. They are easy to
take, and are, indeed, the best all-round
family medicine X haye ever, known."-i
Mrs. May Johnson, 363 Kider Avenue,
Hew York City.
'13)1 InllKI (1 1
Highest Honors at World's :FaIr.
Ajer! Sinsurilla Ceres all Blood Disorders
SPECIAL TAX NOTICE.
When Baby was sick, we gave her Castoria.
ffhen she was a Child, she cried for Castoria.
When she became Miss, she clung to Castoria.
When she had Children, she gave them Castoria,
Historians are now trying to prove
that the little Tillage of Yaleta, Tex.,
is the oldest settlement in the
United States., v '
, The surface of a man's lunga is
estimated at 150 feet, ten tims mor
than the entire external surface of
the body. . ; . ,,. .
Mrs. Jame L Gates, of Milwau-
kees owns a Bible that was brought
over in the Mayflower in 1620.
Bncklen's Arnica Salve.
,The Best Salve in fee world for
Outs, Bruises, Sores, Ulcers, Salt
Rheum, Fever Sores, Tetterd Chappe.
Uands, Umlblams, Uorns and all
Skin Eruptions, and positively cures
Piles or no pay requi-ed. It is
guaranteed to give statisf action or
mpney refunded. Price 25 cents per
box. For sale at P R Fetzers Drug
8tpre. . 1
t ' X
ADMINISTRATORS NOTIOJS;
Having been duly ' appointed ano;
qualified administrator on tnd eft
tae pf N. G. White, .deceasedi t fcU
persons holding claims againat the
said deceased are hereby notified to
present, -them to the , .undertasncyd
duly authenticated or before
September 24,. 1896, or this notice
will be Dlead as a bar ta theit rev
coverv Also all uersons owinc said
deceased are notified that prompt
payment is expected. -
T. J, White, Administrator,
This, Sept. 23, 1.
The law of North Carolina.
See Chapter 116 Sees. 34, 35,
36 and 37 acts of 1895 requires
everyJiPtiysician, Dentist,
Lawyer'and Hotel or Boarding
house keeper to pay a license
tax and take out a license,
under a penalty of thirty days
impri.3onni ent , or. fine, of fifty
dollars, for 'failure to pay the
license tax. ; Th,e law further
makes .it my imperative duty
to see that the penalty of fafty
dollars is iaforced. Verv few
have complied with .the law.
Unless the parties ! liable, to
pay, this tax, .come t forward
promptly, I will be compelled
(unwillingly as I am) to see
that the law is inforced.
John A. Sims, Sheriff.
Sept. 26, 1895, M 2wdw
11 III!
Cr ff -S5 fri&1 i T V "
73 nn'n r
VJTED,,Ppi)S6Qf;
rt ! , OAT.ATTA-ItX..H-l.M
priiic;!c:ra;.Et. Louis, tio. , 4
CHBntleioefi: We iold Jsstijear, 630 -bottles
liROVE'S 'TASTEtSsa CTrTLI TG2JXC and. hi
ttduQt urn groat uxeaax uu year, in ail oir qc-
pi1ence ot 14 feaxa, la the anis.bintaeBs; bale
KQTerwiu tut Miito uui kbtv iuuu vuivurau wui
UUoa aa your Toale. xoura; truly ' 5 , y
Vr tale' by all arriigia tsi'r
x-
a:dvertise
. . ' . '!, ..
'.V- ' ' I '
.;ii.lG&T here, re
;
Yard wide Bleeched .Cam
bric at 8 cents, good 'as
Lonsdale,
Five dollar Lace Curtains
at $3.25.
Chenille Curtains $3,00 per
pair.
Chenille Table Covers at 68
X in Turkish bath Towels
10 cents each. Bargains in
Linen Tories.
A new ot of Napkins and
Doylies will be shown - Mqns
day. ' "
Pure Aluminum Thimbles 2
A Wk. X A.
- Fiye hook Corset Stays 5
cents.
Water -proof Collars at 5
cents.
Side Combs 5 cents.
Bios Velyet Skirt Binding
three for 8i cents.
dozen. .
N. N. N. Spool Cotton 3
cents.
Bargains in Pocket Knives,
JNew lot of Ladies Embroid
ered Handkerchiefs, cheap.
. .. t .-- - . v . - i :
, s La Parismne Glycerine
Soap 5 cents. . v ;
i , - '.v , ; ; - .
Two large caUes of soap for
5 cents.
White Shirts 25 cents.
.. ' .
The best 50 cent corset in
town.
1-15,
I..
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I A.
A.
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