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"This AkgIjs o'er the people's rights
D"th aneternal vigil keep;
No soothing strain of Mai's son
Can lull its hundred eyes to sleep'
VOL. XVI.
GOL.DSBORO, N. O.. THURSDAY, AUGUST 10, 1893.
NO. 118
j' '
R iH i 13 Vlni r .
THE WOOING OF THE WIND.
BY BLISS CAHMON.
Rose cf dusk, didst ever
Regard the sea's rtfrain ?
That is no love that never
Returns with time again.
Because I am the saddest
Of things beneath the sun.
Because thou art the gladdest
That ever he looked on
Because no ways to wander
Allure rue any more.
With white sea dreams to ponder
All day bjside thy door
Because there's rot a rovtr .
But wearies on a day,
And not a faithless lover
But sorrow doth repay
I rove the world of shadows,
A wrath c f the blue rain
And in the dawn's det-p meadows.
Return to thee again.
Lippincoit's
The New York baving Banks.
Ilfcd the officers of the New
York savings banks each in his own
way do ij what they wero entitled
to do uuder the law and demanded
the legl notice of every depositor
who wished tp withdraw deposits,
no notice would have beeu taken
of the matter and such action would
have bieu universally recognized
as n proper coarse not only lor the
protection of the bank?, but of the
entire body of depositors a? weil.
But when the presidents of the
various savings bank met in a
body to talk over the matter, they
did just what they desired to avoid
precipitated a ran and excited
general distrust among their de
poaitors.
It is very qicetionable whether
the practice of paying savings
abnks deposits upon demand when
money is easy aud ot course will
cau&e the banks no inconvenience
is ever a good one, or worthy t
encouragement. The very essence
of the eavings bmk system is that
of a safe and profiabie investment
of the mouey of the depositors,
The element of time is one of the
essentials of each a system of in
vestment, and every in elligent
depositor 60 understands it. De
positors place their money in these
institutions knowing that the rules
give the banks the privilege of de
manding the time notice of with
drawals, and if the rules were en
forced in eas) financial conditions
as well as when money is tight the
runs on sound savings banks would
be lare.
This seems to be the obvious les
son of the late exparieuce in New
York and Brooklyn among the
sav Jigs banks, and if their officials
are wise tueie will De no more
conventions ot bank presidents to
discusB the enforcement of a rale
which should never be suspended.
It is always good financial policy
to uphold in good times the afe
guards that are touna to be e sen
lial when the monetary conditon
ij unsettled. Laxity in this direc
tion when money is easy may eas
ily lead to the precipitation of a
panic when a panic can be leaat
afforded. Philadcljjhia Times.
Religious Liberality.
List Sunday at Long Island City
three religions denominations wore
shipped in the same church. The
congregation of the East Avenue
Baptist church tendered the use of
their edifice to the Methodists and
Catholics, and it was used by both.
Father McGuire, in addressing hie
congregation, took occasion to say :
We have a church in which to
worship to-day, through the broad
minded generosity of the pastor,
trustees, and congregation of this
Baptist church. It marks a
new step toward that great broth
eihood of man and Fatherhood ot
God and Christain spirit of to lera
tion and liberality that glorifies the
era in which we live as an improve
merit on the past the happily wun
ing spirit of bigotry and narrow
ness that have existed. I am
grateful for the generous courtesy
of the pastor and people whose
church we worship in today, and
, I trust the same feelitg will ex
tend to every member of our par
ish. 4iI trust that every member of the
parish will so appreciate the
kindness and so conduct himself
never will the congregation which
has given us a home iu our distress
regret their action or ours."
These words breathe the spirit
of a Christian charity which ought
to be more general in our churches.
; The Baptist brethern of Long Is
land City have set a noble exam
pie. Their action indicates the
growth of liberality among relig
ious denominations. It is in pleas
ing contrast to the narrowness and
bigotry which is sometimes display h
ed by those who profess the gospel
of One who taught that we are
all children of one Father, Au
lanta Journal.
Samuel Edison, the father o the
great inventor, is mnetyoue
y ears old. He lives ia Port Huron,
Mich., and has a littl daughter
nine years old of .whom be i$ ex'
ceediDglj proud.
THE TEERIFY THE POLITICIANS-
As the Pniladelphia Times per
tinently remarks, a few years ago
all the craaks" and adventures and
doctrinaires used to flock to the
"greenback" conventions. Tbey
wanted money and plenty of it aod
they insisted that the way to get
money was to print it- But the
country refused to accept the gov
ernment ttauip up..n a piece of
paper as sufficient to make money
without, tome substantial basis
of value behind it, and the green
back craze disappeared.
It did not occur to any of these
men to advocate silver at that time,
because silver wa costly and hard
to obtain. Now th.t it has become
cheap, they want the government
to put itsttamp upon it to make it
"as good
It is the sain
old heresy and it
s nearly the same
o'd . crowd that is advocating it.
ere are some new lace among
!m, of course the silver miners,
for example, who used to ho hard-
monev men, and who are in this
movement only lor commercial
reason?. But the masj of this con
ventiou at Chicago is almost, iden
tical with that of the iormtr green
back conventions.
Some ot these men, it not most
of them, no doubt are honest.
They are of the kind to whom
theories count for more than facte
and who beliece iu the omnipotence
of legislation. They believe that
"the government" can do anything
and regulate anything, from hours
of labor to the price of ' li-at, and
that whatever it may choose to cal
a dollar will be a dollar, whether
oi paper or ot tin. But facts wil
knock out theories every time,
They knocked out the greenbackers
and they will knock out the silver
shriekers.
The only trouble is that th?se
people make so much noise as to
terrify the politicians. The uoi
was all there was to the greenback
bugaboo. The moment any party
had the courage to stand up and
face it it vanished. If Congress
would but face the silver cranks
with honest courage the Chicago
Silver Convention would be the
last -undei this name. The crank
would meet again as usual nex
year, but it would be to advocate
some new absurdity.
The New Congress-
' The Congress summoned by
President Cleveland contains 444
members, not counting the four
Territorial delegates. Of the 8S
Senators 45 are pretty sure to vote
solidly Democratic, 38 Republican,
3 People' and 2 doubtful. The
youngest ot them is Edwaid O.
Wolcott, ot Denver, Col. He was
born in 184S in Massachusetts, and
is a lawyer by profession. The
oldest is Justin S. Morril, of Staf
ford, Vt., who was burn iu 1810,
and now is a merchant. Moreover,
he is the Nestor of Congress, hav
iug served thirty-nine years.
The rest of the Senate is made
up ot 61 lawyers, 4 capitalists, 3
j urnalists, 2 lumbermen, 2 manu
iacturere, 1 merchant, 1 railroad
official, 1 miner, 1 stock raiser, 1
car buiider, 1 doctor, 2 bankers, 1
plantar and G qnarrymen. The
rest, put themselves down as "re
t rei." Twenty of the Senators
seiyed iu the Confederate army
during the war, and sixteen in the
Union army. The man with the
longest term to terve is Edward
C. Valthail,ol Grenada, Miss., who
has been re-elected by the Legie
latnre of his State tor the term
ending iu 1901. The most cul
tured Senator is Henry Cabot
Lodge, of Massachusetts, who is an
author, artist, linguist, scholar and
society maD.
The handsomest is Charles H.
Gibson, of Maryland. The most
Senatorial is Alircd H. Colquitt,
of Geoigia,whose lather and grando
father sat in tbe Senate before
him. The haughtiest is J, Donald
Cameron, of Pennsylvania, whose
unique distinction it is never to
mv a word in the Senate unless he
saoves to adjourn. The richest.now
that btandtord is dead, would seem
to be John P Jone?, of Nevada,
-ho beftows gold dollars on the
beggars of. Washington. The one
moBt celebrated outside ot his own
country is John Sherman. The
most abused is Matthew Stanley
Quay, of Pennsylvania, The most
punctilious is Calvin S. Brice, ot
Uliio, wbo cnanges bis shirt ttiree
times ever dav. The most tein
perate is David B. Hill, ot New
York, who neither drinks, emokes,
sweats, gambles nor eats daintaies
The strongest is William B. Ali'
eon, o.f Iowa, who could almost fell
au ox with his fiit.
BABYLON,
ffer robes are of rmrrjlo and scarlet.
And the kings have bent tneir Knees
. . : Z ' I..
m . , v , , i . -i t i . i
10 me gemmeu ana jewemu uanuM
Who sitteth on mauy seas.
They have drunk the abominations
OF her arolden cnr of shame;
She has drucsed and debauched the
nations
With the mystery of her name.
Her merchants ha?e gathered liches
By the power ol her Wantonness
And her usurers era as leecht s
On the world's supreme distress.
She has scoured the sea3as a spoiler;
Her mart is a robbers' den.
With the wrested toll of the toiUrs,
And the mortgaged souls of men.
Her crimson nag is llying.
Where the East and the West are one;
Her drums while the day is dying
Salute the rising sun.
She has scourged the weak and the
lowly
ADd the iust with an iron rod;
She is drunk with the blood ot the
holy.
bhe slmll di iuk of the wrath of God!
THE SITUATION-
The state of affairs which will
fa.
3e Congress when it assembles the
7th of August will be indeed grave
enough to dispel from the minds of
patriotic men the thought of parti-
sau advantage, reace, naruiy less
than wir, though not so often s
war, has its supreme moments; and
this seems to be one of them, com
manding of the better elements of
political society everywhere patience,
moderation and unity ot purpose
F.vils. wrouyht bv vears of short-
sisnteu Jegisiatioa ana recKiess lm
prudence in business methods, can
not be remedied m a week or a
month, cr by any
single measure ol
public policy.
American extravagance; m eery
department of economic science has
been, and is, the wonder of the
world. "We have gone on doing
without concern and
with immunity what
soon have wrecked auy
apparently
would very
one of the
older countries. There is not a day
iu the year that we do not waste
enoush' to maintain double our own
population.
Overconfidence, resulting in over-
capitalization, has for an entire decs
ade marked the growing West and
the struggling South. The inevit-
able reaction has at length affected
the East. Concurrent with this,
the decline of all the staple?, include
ing three disastrous seasons in the
cottoubelt. and even if there
were no money derangement-
enough would remain to account for
the general depression. But, on top
of all, conies the blow which, after
the continued and steady deprecia
white metal by the proceeding of
the India Council, and as a conse
qne-ice, an additional strain put
upon the mines and the banks, and,
through the operations of the Sher
man Act, upen the Crovernmeut.
Trul-, the problems to be met are
many and complicated, calling for
tbe best efforts of the best men.
The liepublicau party can not es-
cape its lull responsibility, it is
the author of the fiscal laws under
which we live. It is the father of
our industrial system, regulated by a
tariff made by Protectionists in tne
interest of monopoly. The Demo
cratic party assumed the terns of
uovernnietit less man nve montns
ago, taiung possession or an aireaay
j 1 t ll
depleted Treasury. Congress could
hardlv have been called in extra ses
sinn ninfth P.rlipr. All t.hincrs pxist
J
ent in the Federal fabric, except
the men newlv chosen to administer
. i c T. .,1-1: l. :
' . o
The Democrats transferred power
to the Republicans four years ago
with everything in good shape. The
Republicans pass it back to the
Democrats-with everything in bad
shape. Thus far the Administration
has had the opportunity to do very
little. But Mr. Carlisle has held his
own iu tne xreasury, Keeping tne
national credit intact without in
creasing the national debt by the is
r i i i r it . i ,1
has maintained the public confidence
. - ....
'
to an exceptional degree, whilst
nrai f i n rr Vt nnminrr tfiffof Kor nf "f Vk a
people's representatives. All, there-
fore, that a wise head and a firm
hand , r!r. tr ataw fho fnnP.
auence of Republican misdoings, has
hcn t nnp hi the ipmnr-rarin. A il-
- -J - -
ministration, which came in the 4th
of March.
The country is suffering from
the evils of an uncertain fiscal sit
nation, hinging upon the silver
problem, aud a vicious Tariff sys-
tern, operating unequally upon
, - yv- eKn v, 0u
deavor. We snail nave no sub
, -i:f l j
Btant i relief until bad causes are
j
Wp n,nRt rPph ,tanl -nrl
sound currency. We must Tift the
loaa oi taxation iroin our proauci-
1 f . 1' 1
ive energies, Tae two retorma in-
volve two concurrent principles otl
economy, and ought to go hand
in hand.
in this way, and before the cndlcorder,
is reached, there may be a consid
erate shakeup among the pro
tee6ionai politicians. lut, oacs ot
tueee. tile great bidv ot tne people
. .. . ....
are patriotic and wist; they have
- . . - . .
pronounced against any wildcat
money system; tor they are equally
true to their own interest, aud to
the Nation's credit.
lrusting, first ot ill, in God we
have much to louk to. and to iely
upon, in ourselves. The material
resources ofihe country are here.
Here are our own energies and
courage, lbe weak must goto the
wall, the strong mav; but the re
suit will vindicate the integrity ol
our manhoad and the character of
our instutions and, after the storm
is over, all will be well!
Min'ser Blount's Report Received In
ternal Revenue Matters.
Washington, August 3. Min
ister Blount's long expected report
on Hawaiian affairs is in the pos
sesion ot the Secretary of istste.
It arrived in the official dispatch
bag from San Francisco, in comp'
any wish a communication from
Mr. Severace, the U. S. Consu
General in Hawaii, telling of the
4th of J uly celebratidn in Ho o
lulu, at wh-'ch Miuister Blount pre
sided. Mr, Blount is expected in
Washington about August 20th, to
participate in the conference of the
President and Secretary Gresham
over the amended protocol of
treaty submitted by the Provisiona
Government
llierc lias been some Inction in
the Internal Revenue collection
offices about receiving checks Act
ing Secretary Curtis, ot the lreas
ury Depart men t, stated this arteri
noon that no formal order has been
issued bv the Treasury Depart
ment not to receive checks in pay
raent for internal revenue stamks
Tne following is the text of
circular issued by U. S. Treasurer
Morgan today; "lhe lesue ot six
ver certificates being limited to the
amount of standard silver dollars
held by the Treasury for their re
demption orexcuange, tor the pres'
ent standard silver dollars can be
furnished only for silver certificate
deposited for exchange or in return
for those receive! for redemption
Halves, quarters and dimes can be
furnished in place of the standard
silver dollars in sums ot $200 or
more, free of charge for expressage
0r by registered mail, iu the sum
nr mnltinles of &50. registration
free. for dralts collectable at Wash
iugton or any of the subsTreasury
cities, namely New York, Boston,
Philadelphia, Baltimore, Cincin
nati Chicago, St. Louis, New Oi-
leans and Sau Franci.ee; or for a
deposit of currency by any coro
respondent in said cities The coin
will be torwarded from the nearest
suUTieasury office and the draft
in payment tberetor snouia be
drawn to the order of Assistant
Treasurer of the United States
naming place and forwarded
directly to the office named there
in. The Treasury, in response to its
counter oner of yesterday, has
bought 149,000 ounces of silver at
- u yu per ounce, tne entire amount
offered. The price of silver is up m
London todav, being in our money
71.7G per ounce.
The Comptroller has directed
Bank Examiner Corshaden to take
charge of the failed First National
Hank of Birmingham. Ala.
'
Nine Lives Lost-
I m "AT "t y a m I
iRuY.JH 1 ., Ang. 4. AbOUt
nine o'clock last night, a pleasure
party, while going to a dance at
tho nvatr f nfi rf I .aba fifnrcro mot
... . m
a terrible casualty, ibe steam
yacht ttacket, wnicti is ownea by
D. VV. Sherman, proprietor of the
Pearl R .-ck House, Lake George,
was conveyingtwentynnme persons
up toward tne one nunarea mile
island boose and was gliding alone
toward tbe landing, when the pas
sengers were thrown forward by a
sudden shock. In the dark the
I uocfla I i q n rn n n nnn Q cn Tl Iron tiipi
vessel had run upon a sunken pier,
' . r""
orni nalnro amiignna nrrlvon trnm
and before assistance arrived . from
the shore it sunk with all on board.
" w8 "J momeuve
the shock when the yacht careened
lO OUB B1U9 UU WBUfc UOWI1 IU
eighteen fect of water. When all
i : ' u i i j i j ii. l - ..
iu sigoi uau reauueu lUB Buore, 11
was learned that nine persons all
I women except a youth ot 19, had
sunk to a watery grave. After
strenuous efforts all the bodies were
brought to the surlace. Those wbo
lost their lives reside in Troy,
liroosiyn ana noooKen
Why Bhoald the Colorado silver
I . '. . .
mines shot downs dust so long as
I ... . , ,, r
there are wedding will be cam for
1 Pickel BterB CL8 di8De8 and
fi knivea -Chicago Post.
1 - . . . n m
uut m Calitomia a young man
caught" a 300"pound salmon and
snubbed his line to a tree. The fish
pulled the tree into tbe water.
Iline, roots and all. New York Re
WASHINGTON NEWS.
The U. S. Treasury Ready to Supply All
the Small Currency That May be
Wanted.
Washington, August 4. Treas
ury officials 6tato that the Treasury
is prepared to supply all the email
cutrency wanted, and the lack cf
such currency in certain sections of
he country ie accouuted for by
the supposition that all money is
ecarce or that the banks have
failed to procure of the Treasury
tbe email notes needed for home
consumption. At no time in recent
years has so much email money
been sent to New York, and the
lp."k of small notes there cannot be
accounted for except on the theory
that teach of it is being boarded
by those who receive it, thus with
drawing it from active circulation.
Ills also stated at the Ireaeury
Department that there is no like
lihood of the resumption ot the
issue of gold certificates until the
free gold stands from seven to ten
millions above the reserve. The free
gold is now nearly $9,000,900.
lhe Department ot Justice has
ordered an appeal from the deel
Bion of Judge Davis, in Southern
California, that the deporting see
tion or the Geary act is unconsti
tutional. Acting AttorneyGen
eral Maxwell has directed United
States Attorney Davis at Los An
geles to represent the Government
when the case on appeal comes up
for argument, this appeal may
came the whole matter to be
again brought before the Supreme
Court, with a full bench.
Representative Thos. J. Hendera
son, chairman of the Republican
caucus, has issued a call for a
caucus to meet in the rooms of the
Committee on Judiciary, Saturday
at 8 o'clock p. in.
The Treasury Department to
day purchased 160,000 ounces of
silver at 72 cents an ounce an
advance of 1 1-10 cents an ounce
over the price paid Wednesday.
Toe offers tcday amouted to 312,
000 ounces. The purchases thus
far this month aggregate 309,000
ounces.
The Ohio Democratic delegation
held a caucus tomight to attempt to
come to an agreement upon their
candidate for Sergeaut-at-arms. No
definite conclusion waa reached,
but eix members are reported as
being for Yoder, Sergeat-atarm8
ot the last House, and three for S.
E. Johnson, with two members
absent and paired. The Tennessee
delegation met also to define, if
possible, their position on the
doorkeepership, S x declared for
Mr, Hunt aud two against him.
Elections in 1893.
Ibis will not be much ot a vear
for State elections. Only thirteen
of the forty -four States hold an
election of any kind that has any
bearing on State affairs, and in
one of these, New Jersey, only a
House of Assembly and seven Sen
ators are to be chosen. The bien
nial Legislative session which has
been adopted by a majority of the
States is responsible for this off
?ear-
The thirteen States that will
hold elections on November 7
for they are all November States
are lowa, iveniucKy, juaryiana,
Massachusetts, Missouri, Nebraska,
New Jersey, New York, Ohio,
Pennsylvania, South Dakota, Vir-
-m 1 IT t .1
ginia ana w isconsin. ui tnese
Iowa, Massachusetts, Ohio, "V"ir
ginia and Wisconsin elect Gover
nors, New York eleots a lull State
ticket except Governor and .Lieu
tenant Governor and a Legislature,
Pennsylvania a Supreme Judge
and btate IreaBurer, and tbe re
maining seven elect JudgeB or Leg
islatures. The new Legislatures
will elect United State Senators
in Iowa to succeed James F. Wil
son, in Kentucky to succeed Wil
liam Lindsay and in Virginia to
succeed Eppa Hunton.
Ot the retiring Governors VViih
Ham McKinley, of Ohio, will suc
ceed himBelf unless his Democratic
opponent, not yet nominated, de
feat him. Horace Boies, ot lowa,
has delared his intention to retire
from politics, and the successors to
Peck, of Wisconsin, McKinney, of
Virginia, and Russell, of Massachu
setts, have not been nominated.
The elections for the year are 60
few that their result, let them go
as they will, can hardly be accepted
as conclusive of the trend of public
sentiment.
Next year, when all the States
will elect Congressmen and the
majority State officers and Legis
latures, there will be a declaration
of public Bentiaient on national is
sues at least. Uongresa will tben
have shown what it can do to re
store financial confidence and the
country will have emerged from
the existing condition of panic
The Democratic tariff policy will
then have been fully declared, if
not carried into effect, and the peo
pie will have made up their minds
i whether tbey like it or not.
THE SILVER QUESTION.
As the Philadelphia limes says,
it is a condition and not a theory
that confronts us with the silver
question. It is one of the gravest
problems that modern statesmanship
has been called upon to solve, and it
ia unfortunate that such intense
sectional and individual interests are
involved in the necessary legislation
on the subject. Nine States, with
les3 than a million population, are
largely interested in the production
of silver, and they have mistakenly
come to regard it as the chief indus
try of each of these States. This
single million of people have 18
Senators in the United Slates Senate,
while Pennsylvania, with more than
five times the population of the whole
nine silver States, has but two. The
question of interest, therefore, has
au incalculable advantage in the
struggle for a statesmanlike solution
of the silver dispute.
It is untrue that silver was de
monetized in 1873 by trick or stealth
The silver dollar was not included
in the coin provided for by the act
of '73, simply because only eight
millious of silyer dollars hud been
coined iu the entire history of the
government. The silver dollars was
more valuable as bullion thau as
money, as the ratio of 16 to 1 then
adopted made the silyer dollar worth
a fraction over 100 cents. The
whole subject was fully discussed
during two years in Congress, and
there was not a member of eithe
branch of the National Legislature
wbo did not fully understand and giye
his willing assent to it. Since '73 silver
has depreciate 1 in value, not bee use
it was demonetized in '73, but be
cause over-production affected it, un
der tne inexorable law or supply
aud demand, just as other products
are affected therebv, and the decline
in value has continued until the sil
ver dollar or lo7o, tnat was wortn a
fraction over 100 cents in gold, is
to-day worth not more thau 53 cents.
It was not until the serious depre.
ciation of silver that the demand
was made upon the government for
the coining of silver dollars which
the people would not accept as a
circulating medium, and finally
pressed the government for the pur
chase of silver and the issue of sil
ver notes.
If we had to deal with silver as
an original question the problem
could be easily solved, but we must
deal with it under the conditions
which exist, aad all theories must
bend or perish as existing conditions
demand. We have made silver an
integral part of our circulating me
dium. We are iu fact a bi-metal
goyernment, aud to undertake to tear
up silver monev by the roots would
j be as destructive to the general busi
ness interests or tne government
as it would be to the silver
producers themselves. The govern
ment has been purchasing 140 tons
of Bilver a mouth until it ha3 ac
cumulated nearly 5,000 tons that
is worth tosday ninety millions lesa
than the government paid for it.
In the meantime the silver dollar
worth 53 cents has been made a
legal tender, and to destroy that
summarily would cause business
couvnlsion. We must therefore
meet and solve the silver dollar
problem with careful regard to the
existing conditions which make
silver a very large part of the basis
of our money.
It 13 certainly not expedient to
depart from silver as part of our
money. Under any reasonable con
ditions it must remain so for some
years to come, but there is no reas
on why it should not be accep tea
a pari, of our circulating medium
on a basiB that would give na such
honest money as would command
the confidence of tne world. iut
the silver dollar must be a dollar in
fact; at least it must approximate
a dollar bo nearly as to giye assur
ance at home and abroad that our
moDe? is nut a fraud, and thus
secure the confidence of the world
in out financial system. To accept
silyer today on a basis of 25 to 1
would seem to be a reasonable
adjustment of the dispute. True, a
silver dollar on that basis would
not to-day be worth folly one hun
dred cents, but it would be bo
nearly the average value ot suver
that it might reasonably be ac
cepted as a dollar.
. ., i i t
Wltb tne Diimetai system
adopted by this country there is
very little doubt tnat silver wouia
advance rattier man aecn e
although it is not likely at any
time in the future to appreciate
beyond 25 to 1 with gold. We
would thus have the country on a
sonnd cold basis, aud every dollar
issued by the government, whether
gold, 6ilver or paper, would be ac
cepted not only as a legal tender
for a dollar in the payment of debt,
but as a thoroughly honest finan
cial system. Silver dollars of that
size would not enter into general
circulation, but they would be
valuable for reserves ia banks, and
there could be no harm in coining
halt dollars of the same standard ot
value, and making them a legal
tender, while subsidiary coin?, be
ing mere tokens of change, cauld
remain as thsy are, at least for the
present.
It seems altogether safe to as
sume that we may reach a sound
gold standard of value without
etrikiug silver from our monetary
system, but when that is conceded
to the silver men they should
readily conceive that 6ilver cannot
be faleely stamped by the govern
ment at a valne it does not possess.
Considering the interest the coun
try baa in the production of silver,
and especially considering howsila
ver is now interwoven with our
circulating mediurr, it is an ob
vious necessity to maintain silver
aa monev, but the necessity is im
perious for the safety of our own
credit that the silver dollar, and
every other doLar issued by au
thority of the government, must be
honest money.
BOTTOM AT IiAST!
As Hie i'huadelpnia l imes says,
the bottom of the slump in values
has been reached at last. The strong
reaction of Wednesday that was well
sustained Thursday proves that the
panic-mongers are routed and that
values are now certain to advance.
It was not a mere accidental turn
that the market took two days ago,
Such booms are common ys the re
sult of heavy declines; but in such
eases the slump may follow the boom
any day and there can be no confi
dence iu maintained prices.
The bottom was reached on Tues
day because the changed conditions
of mouey and trade impeiiously
halted the decline. With some ten
millions of gold to reach us from
abroad withiu a week; with the na
tional batiks enlarging their circula
tion; with the repeal of the ilver
purchase madness reasonably assured
and with steady and large exports of
graiu to Europe, the tide turred be
cause no human power could hinder
it.
The bottom of the slump in values
values has been reached, aud it is
not now possible to precipitate panic
again. The return will be steady
but not violent, as caution will be
the rule in all business operations
until Congress shall give tbe country
honest money audimpregnable credit
uut the millions ot hoarded money
will now gradually seek investment
in solid securities, and there must be
steady advance in substantial values.
Only one week ago no business
man felt safe if a borrower even if
be owned the best securities,
and thousands who had ample
margins on loans ana what were
regarded as the safest iuyestmeuts,
were strained to the uttermost to
escape bansrnptcy. loday that
strain is over, and the improvement
in values has come to stay, and
legitimate business feels a sense of
relief that almost denes expression
As gold is now returning to us at
the rate of a million a day, and
large increse of the national bank
circulation is certain to come soon,
no combinations of gamblers can
halt the steady advance of legiti
mate values. All who have been
looking up money to invest when
owners break, must pay mora lor
good securities each week here
alter; and they will be wisest who
inTeet soonest.
vye teel entirely warranted in
saying that the 6lump in values is
ended and ended for good, and as
confidence is gradually restored
by the visibly improved conditions
which environ all business opera
tions, we must steadily advance to
the natioal prosperity ct a nation
whose resources are boundless
whose people aro solvent and
whose energies are unexampled.
Estimates as to the cost of raisiug
cotton abound in the Southern press
iust now. It ia evident, without
elaboration, that no general solution
can be reached. The problem is
materially affected by the seasons,
the appearances or absence of de
structive insects, the quality of the
soil and the older economies of the
farm.
LECTURE ON FOOLS. ADMIT ONE
A gentleman who lectured on fools,
printed his tickets as above. Suggestive!
ca rtamiy, ana even, sarcastic, vv nat tools
are they who suffer the inroads of disease
when they might be cured. Dr. Pierce's
Golden Medical Discovery is sold under a
Dositive curantee ol its benefitting or cur
ing in every case of Liver, Blood and Lung
disease, or money paid for it will be cheer
fully refunded. In all blood tainta and
impurities of whatever name or nature,itis
most positive in its curative effects. Pim
pics. Blotches, Eruptions, and all skin
and scalp diseases, are radically cured by
t 1 f . , 1 ; . C1 r.. i .3 -
IH1S TVUUUC11U1 UIGUlUUCi U1S
disease may auect tne glands, causa
ing "Fever-sores," "White swellines."
"Hipsjoint Disease"; or the tissues of the
lungs, causing ruimonary uonsumption
Whatever its manifestations may be, "Gol
Japanese Pile Cure is an unfailing cure for
every kind and stage of tb disease. Guaran
teed by Robinson Bras,
SUN DAY READING.
Made Up of Divers clii pings
From David, learn to give thanks
in everything. Every furrow in
the bhok of Psalms is sown with
seeds of thanksgiving. Jeremy
Taylor.
Strewing the golden grain,
Sowing for sun or rain,
Shall this tuflice that our souls jnay
eat?
There is whiter bread than is made
from wheat,' '! ' ' "
Ah, i-;r the irksrme deed
Time plucks up as a' nCe'd!1
But myrtle and lily and balsam ' leaf,
How came these in our harvest sheaf?
'Tis our angels softly fjo
After us down the row,
And the broken hope and tho hidden
need . .
Sow in our furrows lor beauty seed.
Katharine Leo'.Bates, in The Indepen
dent, "
If you succeed well, and ad
well, and be convinced of what is
God's interest and prosecute it,
you will find that 3-ou act for a
very great many who are God 3
own. Oliver Cromwell
The world deals good-naturedly
with grod-natured people, and I
never knew a sulky misanthropist
who quarreled with it but -it was
he, not it, that was in the wrong.
Thackeray.
JIbsoIafely
Pure
A exam of tartar baking powder. High
est of all in leavening strength. Latest
United States Government Food Report.
Royal Baking Powder Co., 106, "Wall St.,
New York.
Buoklen s Arnica Salve.
The Bust Sal. vb in the world forCnts,
Bruises, Sores. Ulcers, Salt Rheum, Fever
Sores, Tetter, Chapped Hands, Chilblains,
Corns, and all Skin Eruptions, and posi
tively ct.res Piles, or no pay required. It
Is guaranteed to give perfect satisfaction
or money refunded. Price 25 cents pbi
box. For sle by J. II. Hill & Son.
SPECIMEN CASES.
S. II. Gilford, New Cassel, Wis., was
troubled with Neuralgia and Rheuma
tism, his Stomach was disordered, his
Liver was affected to an alarming ("e
gree, appetite fell away, and he was
terribly reduced in flesh and strength.
Three bottles of Electric Bitters cured
him.
Edward Shepherd, Harrisburg 111.
had a running sore on his leg ol eight
year's standing. Used tnree bottles of
Electric Bitters and seven boxes of
Buckleu's Arnica Salve, and hi& leg is
sound and well, John Speaker, Cataw
ba, O., had five large Fever sores on his
leg, doctors said he waB incurable. One
bottle Electric Bitters and on.e box
Bucklen's Arnica Salve cured them en
tirely. Sold by J. II. IIill.& Son.
NOW TRY THIS.
It will cost you nothing arid will
surely do you good, if you have a Cough
Cold, or any trcnble with Throat, Chest
or Lungs. Dr. King's New Discovery
lor Consumption, Coughs and Colds Is
guaranteed to giye relief, or mpneywill
be paid back, sufferers IromLa Grippe
found it just the thing : and under its
use had a speedy and perfect .recovery
Try a sample bottle at our expense and
learn for yourself just how good a thing
it is. Trial bottle free at J H,, IIUl &
Son's drug store. Large size '50 and
11.00.
THE TROUBLE OVER.
A prcminent man in town . exclaimed
the other day; "My wife has been
wearing out her life fiom the effect's 01
Dyspepsia, Liver Complaint and Indi
gestion. Her case baffled the .pkril of
our best physicians. After using three
packages of Bacon's Celery. Cure she is
almost entirely well," Keep your blood
in a healthy condition by the use of this
great vegetable compound. Call On J
II. Hill & Son sole agent, and get a tria -
package free. Large size 50c,
GLAD TIDINGS. '
The grand specific for the prevailiny
malady of the age, Dyspepsia, Liver Com
plaint, Rheumatism, Costiveness, " General
Debility, etc., is Bacon's Celery cure; 4This
great herbal tonic stimulates the digestive
organs, regulates the layer and. - restores
our system to vigorous health and energie
Samples tree. Jjan;e packages 00c .Sold
only by J. II, Hill & Son. ; " f
A Terrible Railroad Accident.
Is a daily chrouiclo in our papers; also the
death of some dear friend, who-has died Vith
Consumption, whereas, if lie or she had taken
Otto's Cure for Throat and Lung diseases In
time, life would have been- tendered happier
and perhaps saved. Heed the warning! If you
hare a coueh or any affection of the Throat
and Lungs call at J. H. Hill & Son Bole ! agent,
and get atrial bottle free. Larve size 69c
Important 1
; -fid .
For fruit packers and fruit dry er to
know how to keep in perfect pure con
dition from being ravaged by worms for
yeais. Information given for 50 cts,
Addiess Henry J-Howell. -
, -. GoKsbofoNC.
V
? HiSifcifelS5,'