North Carolina Newspapers

v,; . ;. , v: -. '.-"v ; ;, """ -; " :;; , :, :: ;;,r -. . ;..' , ' fe! V'.' V ; :''-;.V:-::-:;,-;V- , ' . ''"'' '"'.. tp- iA " v .'J ' -- '1 g i j I r.i U to iai U T .'. .,,7 , ' ' ! t , ", ' ' ..- 1 ... v. ,., : ,, ,, 1' ..... .. . .sA. ----v y .; ': -rj J , .3 ' it It .?t ; . - , ' , , , ., - . ' ' , I ii-T -.lil-ai' -i ;,, U, i,,n , tj -r-.-f - rrr-.i--'--i ; ; : ;;, ' ; " '" "-tv-., . -, .. , ; -., .,. ,. 1 j , '.;:; -i ,:, i r.-,w,.fv,' t "veir;r 7Tfii; ;graham, n. a, Thursday, September b. ;i89b. ,,.-:,,r r .war - . ' - . ' 1 - " ' ' ' ' 1 ' '' ' 1 '"' ' ' I" ' i i !"" " " ' : tv. " i r ' r-r n ' '" i ; . ' , , : 1 " ' . .' ' , ... 1 ... - -im - l!" ' " .'tji'n 'vij' -j v.'tfi5ivni hm"joms lREGULATOW Are yW taking SiMMOHBLtVEaRBO-: ULATOR, th i jJKHlCHOFi LlTEB MOlK cinbs?" j.Tbai tahat ov.jeadcn want, iiiuJ, pothing butthat!, Jt'fa tho earns pl4 friend to which the old folks, pinned .their faith and, were never di appointed." Bat another good recom- mendatlort for it iathat It is BTXEB: ti PitstA, ever griped -eri weak?, ens, twit (-works fi stwh.tan easy add. nahiral way, Ju like nature itoelf, that relief ..coinef Iok And sure, and one; feola , hew ,.ajl .pjer. jjltpeverf fails. ' Everybody neeik' take a liver remedy, and everyone should 'take only Sim-: mdris IJver . Regulator. ' ' ' ' "l ': J J Bo 'rfiurii you, gct'itP'UKc! tied ' JACOU'A. I-OIVCjIV BUKIJNl Tractlceit in the gtjjtorp eienl courts. Olllce over Wh Ire, Mooro iTTo.'s store. Main J. l, lllt,01JL.I. ' STlVNEr A-i-hAW Urn John a RAY Bvmum. - ' WIV BysVm,". - -.ra. ...... I... M ... ) ... .i. uui r, , . . ' V " - - - '..?' i:. ...',:. .11.. practice 'reiflirarly thu ciint:f :Ai. Aujf.-, y. 1" I In moiifcciiiiiHy. i , r. .1 . ...-n.ii Office on Malii St. over I. K. Wiilkoe ature. i -l-JJ1 lit v Hrv-.'oaiB: AMI ...... iili I am the North ('nroliim Acnt for r 'i nrttheGrettOisoovtry i H wm'pprniaiwirtly rnro falling m Hio lultr)' rta&ciUiXHtiity: tyulioiw, )otulwj nr iry 8ilp disease. , . "'JtiweveTtlfl hair turninjrfrray hikI rcatoTdf ftii'f rcV frigh4r'-if)krrv and iJrtnpr A-N KWIROWTU OF-. . HalrOn Any Bald Head On Earth. Jt Ss tlo oiHyf tten? tiatf iib iiroduec thwelrcwati Twimoniii!J anjj tfcatiijc itcjTuniiph- ed on application. Mr John M,(Vllo is my agent at taint .Ibmntv'in-n , ...... ... r rirrYir irarTfln ' - SEOFORSAf IKtOPI Fincc its enlargement, The North ( aroliniaf) . I b UjJ fkly newspaprr publishcu in tnc State It pnnts all the ocw., and preaches the fpfiw of rure jlomocfnry. . . t rontaU ckA pogf' ef f nitircsiing inattdV vcWweekJ Mefnt tinedpl- lar InM 'gc4 it Cr a wholc'-' year. A' ,, (ample copy will be mailed free on Spplii-ation to jOEPIIUSpANIKIWtorr . 1 VjT,frl&tri tlaiii)r and t ALAMAXCB (il-EAXEU will 1C KCtlt tvr nc year far Two Dollar,, i'aph in advance. Apply at Tnk(tu:AK office, Graham, S'. C Br n in . rwt t-r iiiiwtniini nubrar. Yrlrr hy pmnliwhiN In Mrx W. Ha ft in, OPiorn-rniiiM riu-wk)n: K'. whfTm 11- ry4 oarr j,irr- f 12 lyr trfnrcffntcik-tcMF ttih -wtrefriactnmi. .AiUKIlKMIAm.x umiu wiuSi-.o.c HiSTORYjDF COINAGE: llnrcalnnreata Ad1rp br Rev. IXtnW Al- bfluht tnif, !.!.. rreM'nt efi Ail 'tio. hColle9,Yillow Piirinn, Ohio, bvfurp j The 'pctple of thw nation i nr Intotifoiy iritercMcd in llie lutory t.f toiiiagc.'nnd the jrela'tivd 'yalud' oi gold.!,' ajiil, i ..silyer;.'1 fracticAUy'l ep(;aki lis,; gold wasi'vnot, uned from LjWsovciith century until 1252, when tHo gold florin of-Florence was coined.- Of course.' there wert cxceptioiis to inis yu'o; but tho 'currencies jbf tjio nation of inedtacyul Europe rea-tel- on a wlvcr lutis entiiely.''. ; 'AH Hiodcrti monctflry'iyfrtcnis uiay lw tracpcl lut'k to enactments which Charlemagne copied from the East ern Empiro. With the , history "of Crusade -we peo an account of (he growth of cities like Gciioa and Ve nice, favoring the rci oinngo of gold, Now what has tlie real , reason or these cities demanding a currency of higher valurt than - silver ? It was nothing more or less than the grow- ing.Joreign traae oi tnese naiian re publics. Then, too, this brought thenvin contact with gold bearing and gold using countries. The first gold coined in France and Germany was about 1254. The first king of England, to issue, gold coins , waS Henry III, "who in 1257 .coined a penny of ftne gold, of the weight of two silver 'pennies of the tim?,' and .ordered i,t to lie" current'-, for t,wenty ',P0nCt".. i , t .;, ,.: , ,:.v , Tlic fluetnations of mint rates are to Ins found in all countries. A bout the' middle' of tlie fourtce'iiti) century there .was h decided,"nse in the. value of sil ver as against gold." In Florence "the ratio was 13. C2." Bi-fore the close1 of the fourteenth century, itj was a hjall' fraction Over 1 1. to. ti iiiflthi fepgland and rFraricc;' Now, v wjiat, was-tho result, jn,. Flor7. ence whetv he attomptod U defy the commercial 1 - world 1 and ' keep 'lmr ratio S.62 to; 1 ? SJilvcr ;soon dis ap!peared fjfom circulation. t It was n i cited down ind transported, Then gnat discontent arosd. Kcatinage tTisr1hc result. ' . : - In Bpaiii we find nothing stable in the 'history of currency tefiSrc the i ' ' a ' ; ' ' '' ' ' 1 -' discovery pi Apicr,ica, tne His torian says:- "It was only witji ,t.he the advent of the Catholic sovereigns that the" internal disorder and- want of unity of the S"panish system was, effectually-; remedied, .in the very hmr of that discovery of j . a new world which waa to "put. upm Spain the vital function of distributing the new stores bniicprecious' metals." riuexeti,. ana -, newuqerea , wncn kv y emit! to-.study .t.be history of tho numerous independent Mints . of Germany' five hundred years - ago. We' '"must ;.yfa.cVntcY too -'that in - Fnincc, ;tc ratio', stood I as low as 9 to 1 about that .. time. In 1403 England found her gold go ing abroad. For ' eight years the cry of hard times ' was heard." ' In 1411 tho government decided' to re join, "lecausc of the great KJircity of Tnoneyatthat- time. - -England made fifty gfld nobles out of every oundTofgpl(f. In7F"deM. t,,cy ftiada cojn of le3 value than the Engfish nobl, and rallcd-it the Bur gundy noble. The nobles of less r?alu began to cieClate in England, rr chditKtnonov.will alwa- drive out tejkjiintiey.ji Then England. onondol ,'fo;eigi money to be taken as:biilhn." (1419.) 1 s F'fonv thc fifth until tho fifteenth century, Europe presented an hem iluhcrie haylcOeld and a prolonged harvest of death. ' 'Thc' dlscov- ry of America wai the monetary ,J . , Malvation of the old f werkl. V The the t ljoodstaiptd plunder" of' TndiaiW 1 toon Lcgan I lit im increase the volume of the precious metals in Europe. .Tho wealth of the Orient h tvlurpsi.sed by1 the .wrartlh ami power of the Occident Gradually 0ie dcrrtre f, Kyopean rnnctary ! exchanges pnwes from Pyzantium, Flownery nndXtnu-e Antwpn, ImkIoo, and New Yet it rw in a Mind war with the masses. anil jituUli opinion , bftcn fcrced i thrwc in authontv to attcmp imios- ., ... . .. . nlrtlities wliile thrsc monetary . , . - r .4 change were going on. In Jo0, the tv f thB Wcre JjMwingthcsoldaw. - .yfroiuEncbnd i . , -i - . i.r. ' : I Elizabeth was" queen at the-tinier One', of thtj correspondents of the I-ivy. Council wrote from the Neth eflanila: f'Tlie' 6i tiountry incrcliantii retu'ni great rtores of nioney-lntlH.'r ly pxchaWgiis, !'ilnd 4)y the proceeds : as the eicliarif'.Wy serVe1' tjtcir" pur-' pone,, they send away ' her, Majesty's coin and bullion into the Jaw Couii; tries 'in great quantities, and the rather by reason of the' Hollanders tradinginto the1 East, by which means the rea'm will Tq ' secretly robbed if it be not jprcvented." The English Privy Council was call cd airairi and again. For over 20 years preyentiori was vainly attempt ed hy Council and . Act's, , of I'arlia merit. It wassjiown how"! '.'foreign exchanges contrived,? by' arranging a rirfe or fall in articuLir moneys, to draw theni out "of the kingdom. " France. too had her ..monetary troubles. In 1577, Henry ,111 -assembled ' the States-General. Ex perts were called in."; One sentence from their report will shoy wha!t was either the real or imaginary trouble. They said, "it proceeds .from . the malice of several who -turn into bullion the best of your coins in order, to fill the kingdom with others of less goodne.H.v enriching them selves thus with tlie blood and mis 'ery of the people. ' ' Hut trouble con tinued. ' In ltill, France ' called a conference of monetary experts in Paris. It was found "after careful assays of all InoncyS of the surround ing nations, that tho prevailing ratios wore : -Germany 12 -to lf Mi lan 12. to 1, Flinders and the Netlw erlarids 12; 5 to 1, Eiudand 13. 3:i to i. France decided, to' recoin, and adoptotl a ; ratio a fraction higher than all these, viz., 13.5 to .l . In Germany,- the inflifx 'of AhieVi- can gold bcgah to unspttlo affairs. The ratio was increased by. various edicts. If any man gave . mora for foreign coins of gold, ho was in dan ger of heavy jicnaliics. If he un dertook to export gold or silver,1 lie would be lhddtf to lose toh goods and .life.. .The ordinance soon be- caipe a dead letter. , Troubles only increased. Investigation after in; vc.stigitioii was made.'' The nione1- tary (o'nvciition 'of 15-19 called by Ferdinand at Augsburg, .wa.V,.';jrrif-lessv.",- They mot again in 1548 and a.un in 1550. Finally if was thought that the question could be sullied by imperial orders. Accord ingly',' an Imperial Mint .edict was issued at Augsburg, , 1551.. i: This was drawn up with a ratio of 10.83 to 1 'as a basis. Since differcnt ratios werd '.rulin'e abroad, 'gold coiitinjtcd toqso, iandsUyfjr , ,to fall , . .Eight years later another edict : nrndo . the ratio 11.44.' Just before the fonnding ofthe rclebrtttcd l ank of Harriburg in 1C19, we find the wise men of Germany saying:- "It is many ways known and plain how disas trous a disorder has hitherto been in the currency, both from tho rise of the larger silver sjiccics, ami from the excessive importation of smaller depreciated specie, whereby not Only private individuals but also common interests, as churches, hos pitals, widows arid orp'ians, arc greatly pinched in their income." In 1623 a great -Mint dcniUtion was held, and practically arranged a compromise which Listed about 40 years.. No, nation can retain gold which is not fitted for . mea-antilc life. Look at Spain during the sixteenth and scventeenlh centuries, ttold and sil ver flowed to her shore x Her van ity was mcrcawxl. he went on with conquest, and let commerce go. Then too, her coins were exal ted above tbc ratios of other nations Her cheap money remained at home, her best went abroad About 1609, gold began to lea ve England so rqpidly that a pmcla- mation was issued against it,- Sir Francis Bacon was called in to ski in drafting part of a proclamation. This did not stop the outflow. Sir Walter Raleigh addressed some "Select Ototervation to King James, in regard to Trade, Commerce, and Coin.", during the monetary crisis of 161L He said-,' While the cur ! rent cah of the kingdom can be con veni into duiiioii, ana so lie maoe a irz commodity, it will cither ,1 cooveved to tho bmt . i . ... . . . market, or wrought into plate at , lut it was stated that the gold dol lwajc." The eJodnc38 of tho lar'hall be the uui: of Tiiluc." Spanish coin has not ' kept it t-in Spain. ' Raising the value' of our coin is the only certain ; means of keeping it in the nation,".' ,. Nov 22, 1611, Englanditawd .MW JpnM"r i national "value' of all, gold coins 10; per cerit. "This 'rhis'ed tho ratio from'i2!'lto 1, to 13.32 to 1. In a year the .trouble ln-gan anew. The .outflow of gold gave serious trouble. Mnv. 1612. a pnx-lamation was is- Bued, forbidding nA-r luints to exceed Mint prices in buying bullion. The Privy Council was so distressed that sat '-13 hours on tho Sunday." But it matters only grew wonc. ' In 1619, 'eighteen nierchahts were sentenced in the Star , Chamber for exporting gold.'' In 1622 wq find theso words in a report:-; .""The Lords think, it best for some agreement to be made with neigh If ring states for a due correspond ?iico in the value of the coins now used.", ','Bu.t", says the historian, ''while the Lords of the Cotihcil talked of treaties, the crisis came." In Feb.yl622, Locke informs Carleton that 'fniohey is. yery scarce, lit the clothing countries ; the poor have assembled in troops of forty or fifty, and gohe to . the 'houses of the rich and demanded meat and money, which has been given through fear. Tho Lords. .ordered tho clothiers to keep their jcople at work,' but as they complained Jhat they cannot sell their cIoth,,usurur8 ahd moneyed men, though not in tho trade, are ordered to buy it." In May, 1C22, we find tho taxes could . not bp collected. The Justices of 5omcrs?t, May' 15, 1G22, ,wr6te: 'The people, arc .desperate for want of-work." ! It '.was --ordered that nothing should be' worn at funerals but ; English-irtado cloth'J. ' ' Rich people, in' London and otber places were ordered to go to. tlie country and "reside on their estates for the relief of the poor in tho doorth." ' As wo always regard the right to coin , money as an attribute of sovereignty, it is interesting to, no tice few things in tlio action of our owii country concerning this mutter.' Our 'Constitution..' savs that the Government shall have the right "to cojn money, regulate, the value thereof and -of fonnjin coin, and fix the sfairdard of weights and itiejisures." ' Tho' coinago act " of 1792 made gold am .sil ver legal ten der in payment of all, debts., Now the valuu depended tbeb, -ns it de pends how: oil' the amount of pure metal .which tho money, contains: As both gold and silver dollars, con tain a fraction of alloy, thu alloyed metal is- called "standard gold," ' ahd "standafd mlver." ' The Weight of tho, coin is ciprscdf in ."stand ard motal," ., . ' For instance,- the gold dollar of 1792 contained 27 grains of "stand' ord," and 21.75 of pure gold to . the dollar; and iu.the silver, 416 grains of "standard" ami 371.25 oi pure silver. Thus you sco gold was estimated to be worth fifteen times the same weight of silver. In 1834, it was found impossible to keep both gold ami silver in circulation as money. Why ? Simply Ixcauec oncbunco of gold was worth more than fifteen ounces of silver. The gold coins were nicltcd up and sold as metal. -The government made a reduction of over six er cent in the weight of the oji coins. Jhis re duction change! the ratio from 15 to 1, to 16 to 1. - In less than twenty years the equilibrium was greatly disturbed. Silver went up. The California and Australian mine gave the world - an unexpected'- amount of gohL In 1851 our SecreCi'ry of the Treasury reconimendwl that the silver coins be reduced in weight. Finally, in Feb., 1853, the law was enacted, that '1(i half-dollars, four quart 'S ') M . cm, etc., snoaia contain .w grains of standard silver instead of 412.5; and that these coins should be legal tender ft only fire dollars." The silver dollar was not mentioned in the act of 18-51. From 1816 to the present, England lias had gold for the standvd, silver leing the legal tender for only forty shillings. In 1873 our government passed a general coinage act which "prohib ited the coiniiig ? nil coins except those enumerated in tho art." The silver dollar was not "enumerated," rrhus the silver dollar, which was "practically demonetized in ,1853," was completely: demonetized n in 1878 In July, 1876, the silver In tbe old dollar was worth TOJectitlt"! :v'A-!ri,,&l"'itA:.r .H r.viLM Mtoiii jiuciuuuoiik iiuyu iukcii piaci; since 1876,, BiJIs JtVe passed over the president's vote, but they only ro call the truth of what Secretary Ing- hiuit wrote! Mar 4, 1830 V-"Thc psoposition tfifit 1 jiere pan he but one standard in fact is self .evident. The history of coinage abounds ivith mint regulations to keep gold and sil ver together,, and statutes prohibiting under severe penalities the ex imita tion Of cither; all -of,, which , liavo disnpiMiintod every cxiiectation of their projectors."1 ! - y You see from Gen- XXIII, 16, that metallic mom y is as oId.au flic time of Abraham.; You see from tho second chapter ot Genesis that "the gold of that land is good.'1 Then it passoil by weight. More than a thousand yeara, elapsed, be fore coins wcro invented., In the evolution of coinage they went from the less to' the ' more valuable. ' At first they coined brass, iron, copper. and silver ; last and .best of.ill, gold. -We all know that'tho money of the United States is'of tro kinds. (l)'coin, and (2) paper money, often called currency. Tho coin is chiefly of two kjnds,; gold .and -sil ver. 1 Jfhe paper money is cliietly.ot two kinds, United States Notes," and National Bank Bills." ' There aro besides tho "small copper and nickel coins.'.' Whon we explain the character of our money - to. a stranger, wfc Fay ' that "coin has a value of its own, an intrinsic value as metal, irrespective of its stamp os coin." I'jqTcr money has prac tically no value, except for whnt' is written on its' face. Thus, tho United States Notes read as fol- ows ,"Tho United States will pay the bearer tcn-Hlollars." A bank bill reads : "The -Bank of the City of Springfield will fwiy ten lollars to bearer on demand." "In ono cnso .Ux) National Government J promises, and in the other the par ticular bunk.'' And why do they pass at the same value as tho coin ? Beetuse their redemeer livetli, anjl all men believe they can. o'-taiti tho coin the moment they- demand tho same. ' -; .' ' Well did Trdtiholm savs : "The mportanec to the people of select ing and adhering a ccrlain . weight and finenats of one metal as - the monetary unit, arises'wholly oitt' of tho fact that their money is manifold m toran, suitsbinco, and intrinsic alue. Our four kinds of money differ in intrinsic' valbfe,''snd there fore they caii be maintained 'at 'bnl form conventiooaj an legal yiiluc,' only by . investing ono of .the. two metallic coinages, (gold and silver), with the character of a basis fir standard of value, and by" forco of law conferring upon' the other ele ments of the - currency, values in trinsically present' in that selected to be the standard." Tho interdependence of all na tions is of such a character, that it would I h a step backward not to select the metal of greater intrinsic value.' India, Mexico, and China may adhere to a silver monometal lism. After years of carefully study, I am forced to i the conclusion that gold monometallism is the unavoid able dcMiny of the United States, Before the unification of (he Ger man Empire in 1871, the German mses4od eight -or nino distinct coinage systems, and had with them something of our 'experience with State banks. While wo were under British rule, our colonies had the silver standard in pounds, shillings, and pence, just like the mother country When Robert Moms iwvsemeil s scheme for our National Coinage, Jan. 15. 1782, among other things he wrote: "Tlie ranon coins hich have circulated in America have undergone different changes in their value, so that there is hard ly any which can be considered as s general standard aniens it be Span ish dollars. These pass in Georgia at 5s., in North Carolina and New York at 8s , in Virginia ami the four Eastern States at fa., in all the States except rvrnth t aroiina at s, fid., and in South Carolina at Sis. Cd. "As a common dene winator, ' calculated from part ,of ' plicae, fig ures," Morris proposed a niometary unit. , Jefferson proposed, in ti position ,to Morris's scheme. ' a . dec- ;ihiaj BystgnV resting or) Htbo (dar, .ahdMithar.vtipofL,.,,,,,, ! "Just pnivcipleflijsay,! Thornas Jefferson,, after stating tho legal ratio in , thq( chief European fioyn-. tries, ."will lead H,,to disn-gard legal proportions altogether, to in quire into the market, price of,. gold in the various countries with whir we shall be principalis- connected in "onimercc, and to take, an aver age from them. Perhaps wo -might suit iy lean to a proportion, some what above par yfor gold, con sidering our neighborhood and fom: nierco with the sources of the1 coins, and tho tendency which thc.liigb price of gold .in Spain has to- draw thither all that of theijf; triines, li-ayj' tng BiIyerj)rmcipaHy for our and pther -markeU", ; It was. Mayi;i5,, 1781; . .when Alexander Ilamilton brought I eforu Coiigress Ins remark able Bchcme, which Was accejtod, witli slight change, "ii April, 1792. But listen to an, extract,, from tlie report of the Congressional Commit toe on Currency; Feb; : 1821.--' The Committee are of opinion tluit- the value if American gold '.conipared with silver ought, to W' somewhat higher, than by law at : present es tablished. Oii inquiry thby find that gold coins, both foreign and !of the United, BtaWIiaveJn- a Igreat measure disappeared. , ;. Tliere have been coined at tho Mint of the United States six millions of dollars in gold. It. Is doubtful whether any considerable portion of it ' cati at this time bo found wjthin ' the United States. , It is ascer tained that the gold coin, in .an of fice of diccount and deKsit of the Bank of the Unitetl States,' In ' Nov. 1819, amounted to $165,000, and the silver coin to 9118,000; that since time tho silver coin has increased to $700,000, while the gold coin has diminished to $1200. 100 only of u lili f A mnsMfmn " fl ill so uiytivivii .. ' It was not until .- July .31, . 2834, that the ratio wm changed fronr 15 to l to '10 toi.' Turn, to Bentonys Thirty Ycars' View, and you will soc that there were giants among the agitators of those days.' Clanccy of p.- Carolina, Gil Jet .of New York," Ewing of Indiana, McKim of Maryland, Gorlia'm " of Mass., Birney of Penna., Wilde of Georgia, were in tho House. In the Senate, CalhoUh and Webster sup jiortefl the change to 16 to 1. "Clay opposed.. On the final voto only seven senators opposed. : Says Ben-. toB,-"",TUe gomj effects of the bill were irruriodiately seen. Goll, bth gsn to flow into the country thrnnrfh all the channels of commerce, old chests gave Up their hoards, tho Mint was busy; and in a few months, as if by magic, a cuneocy' banished from the country fir thirty years, overspread the land, and gave joy and confidence to all the pursuits of industry." .t But this ' high -sound jug praise, was soon dashed to the earthy In loss than twenty years it was found that' silver was going out of' the country, hence the rocoiHagc of tho half dollar downwards by act of Feb.," 1853. That -bill--was piloted through tho House by Dunham.' He said, "We have had but a single standard for the last three or four year?. That has becu, and now .Is, gold." " ', ' Wo have mentioned the act of April, 1873. Jt was the comple ment of that of 1853." Tho cohi) pletion of the system was provided for Section 3586 of the Rxniscd Statutes of 1874, by whiili the sil ver coins of the United'. States; Snn dccbtrcsl kfral tciuler only up to five dollars. The most that eonW -c' said agaiwt the law was tha t it was "the establishment of 'ghhl mon ometallism on the "Eitylish ,. idsn." Rut whal'dil monom'etnllism ofntiy kind mfanwhen there was no met.-i I n sight, and the count ry' was, fill flomled with paper nxwet? -. The incs were converging for spccV mramplion, but that was six rmxj nwsv. " Shouirt the act of 1K73 Im mainUinnl when the first of Jann- arv. 18y. arnvcti. or wotiwt the gentleme t advovte the lii-mciallio system, w'lic't had pre ailed Wfort? A com rornL was reached Feb. 28, 1878,' 'Thjf "'nmtimtim limit was 2iOuXi,c6o!,Ivc Ad irittethntional conference rwas ;An 'i r'niaine.l in lorcc ' alWitir i- J'Wtrn, duriWhiUh tlrtiVthenitwt States coined about 370mil4iosi ofsv'ertlI-'r4 larsL ' in n-.i!8t)0.'d,refiid'csit-Har. h iison hud Seci.ary'f'IV'indoTn ipro; pWd to celiso tod eirjiiig nf J silver,. Slid to liinit'tbe issnes of silver i ccth; ficates to"'fho"'VoIo' oY;the; sil-v Vcr'- bulliort ' as' ' dcxwltcd reckon- r ing'that rattio at' its' then market price. " ' From these "proposals sprang v alriollier coHirnwnye which . passed r orf July 14,' 1890 known ias!! tho ' ifSheriiiidn' Act"J I went into forco -Ailg.13, 189p.'Thc'mkih regula- t)oi XreVe Wioe:-iln;Theff3eerctary of the Treas'uty'rto pOrclKipe month- t not more than 4,300,000 ozs. of .. Jilver tit the 'ni.arkct-iride.i so lohg ' a that irico" ik-'lidoW i;12929 centa i per oz.- " i 2: 3. T ' iwdft'Ttvffjrwi- note against the purchftscstbiiiiaid notes t to1 bo full legal tender, ;anif-Ciipablo; of filnmng part of lnnk resees. ' it: 4Up to July 1; 1891, Wwd -million ots.' monthly of thrs"Bilveti!Ould " be cMim'd into dollars. - That oJin.igo to cease after tli'oslato specifiefl'cx-)? ccpt so far as1 necessary" to ''secure the Treasury notes! -Atl thb? samo ; timd the net ' declares thct'-nitehtion : !' j?jlj dLa.j.u- .- is healthi The secret ofhealth is the powef to digest anjd issyn ilate a proper 'quinity ?f idoA. This can never be! done when the liver does not act it's part. uoydu know this f Tutt's Liver Pills are' in abso-' lutecure for sick headach,Iys- pepsta,,- sour siomacn, ; inaiana, v constipaiioiiV'torpid It ver; piles. jaundice, bnioUs fevcV15aious- ness and kindred disease; s l.r,,,.?.. MACHINtST- - ' "Aim ' ENGNEEtt,; BUBLINQTOy, N. C. MACHINE, , - : BLACKSMITH KHOP,- FOUNDRY, ' OEAR-CUmXO i f-. tarl'ipings. fittingsivalves, -btftv :rf J'Ufj i't Mid tint-fit .ul-ly it . ii .hi. i I .i I. i i ,. .' XX J 9,1 a-odkaps your w-i; Ofeooras yam, would aj ijT yon mi ieum-1 ' ksWstntrf-IrT4iAssB ; lUwuiut m t .NaraIa9ye- Ppria IfaFfUeha apssgskj matste H a-tfWacstea-UV fi Imvttywm tid, aod j'M'itf C f'-amds .TtsrirnnnUl War., p fsi, V-M -. mi in., f l 7a? f mm tmt wnmm m lactM wm a. .i lVsS-Mt ll-i IT (VUV ' ill i s-rv Mm KPurBiii ,s sTorrT3.TPSiatsiisr Sold by 4- B. HOLT A &. ,tA ;J..Cl SIMMOXTDroggjst1, .Subscribe for- Tni VJ LEANER. Limp ', 'i'