Newspapers / The News & Observer … / Aug. 16, 1888, edition 1 / Page 2
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; ' 6 r . '! ' m s A '$ -- v.- 't -' ' :1 it i 2? ? !1 i ; v- . i. i i i ill -a . rf. i. i- ! News and Observer. I hushed Daily (except Mosoai) and Bt THE NEWS & , OBSERVER .QC( 4 U if. I. KtKtC, fitly oo year, by mtn vitul. It months, " ' WAekly. ore year. " 3 Bf lx months, " " So name eutered wiUuiut payment, aud bo pr. pttr Seutater the oipiratiua wf dm paid '"f THURSDAY, AUGUST 10, ls. ; 1 ; 1 1 '. . i 1 1 JCLKCTIOS, TIKtDAl, Koirember 6ii RATIOR1L TICKKT. GROVER CLEVELAND, if fin VirL 1 r, IU& VICK-rBKSlM TT : 1 ALLEN G. THl'RMAN, ! , rOH ELECTOliS tTAiK at Lakoe: I ALFKKDm! WADl)ELL,of New Jlajver, . fUKOKKICK N. 1 KL'D VVKK, of Orange, j, BlSTBlOT KLECToliS;. twt Ihi.T.-KO. 11. r-UOWN. Jr., 'f l auJ.jTt . ! !tu Disr. JOHN I- WoolMKU. if WiH.m. I liT. OHAKLKS H, AVI IK k.. of Wayne. ; iril ii,T.--ULWAKl V. I'Ul', ,lr of Juliuslou, th j.hht. J. n DxmsoN, of sunt. Tll ))nr.-Si.MUKI, J. PEMHtKION. of Stanly ITH lr. l.KK'lYU. OALDAfci.L, of Iredell." tH DlST . THOMAS M. VAKCK. ttfCaldwt-U n 1ist. W. T. CKA WFOKJ, uf Haywood. ; statetickiTt; FOB GOVERNOR : DANIEL G. FGWLE, of Wake. FOB LIEUT. GOVEBiJOB : THOMAS AT. HOLT, . of Alwuance. i ilFor Associate justice cf the Su preine Court f " fill the vacancy caused by the death of Thomas b Ashe: . . ;r .JOS. J. DAVIS, of FrankTin. ' If or Associate Jiistidos pf.lbo Su preme Court under amendment to 1 he Constitution; JAMES E. SHEPHERD, of Beaufort. . ALPHONSO C. AVERY, ! of Burke. : i FOR 8E0BETABT OF STATE. WE L. SAUNDERS, of Orange. tor tbeastjber:; DONALD W. BAIN, of Wakfl. FQB BUPSBISTEXDEIIT OF PCBUC I8TKU0- f- - TI05 : ! . T . SIDNEY M. FINGER. of Catawba. FOB ATTORNEY GKSEKAL . THEODORE F. DAVIDSON, of Buncombe. FOB AUDITOB : G. W. SANDERLIN, of Wiyoe. ; ! ton io.viiti.. FOURTH DISTRICT t B. H. . BUNN, I of Nash. i I $ VCount Von j'oxtee has been retired i his own request from the position , of Jshief of the general tUff of the ;. German army, and is succeeded by Count Von Waldersee, a fact which . is regarded as a triumph for the war piirly. I The JVbrtA Carolina Teacher foe Jane is just to hand. It has striking articles from the pensof liev. Dr. At kinson and Dr. Grissom, on Chaucer ana. the human brain respectively as. well as much other matter xf into est and value. i.' Opt. Waddeix spoke at Greensboro ! yesterday, and we may well ; believe he made the welkin ring with Demo : eraiic elcquence- Wi h the Patriot we heartily agree that, "In the prime of his manhood ; gifted' with a fine presence; endowed with an unusual share of that rare magne .isoal by which a public ! speaker takes hold of. the sympathies of the listener ; wuh the furnishing and tquipmtnt of man; years of public service Coli Waddell is admirably fitted for the great work which he is so faithfully performing : the discussion before the people of the vital issue" which are stirring hien's minds in both national and State politics." So Doceeby dodged, our Demo cratic "game cock," C. B. Aycock, Esq., at Burgaw. (See our Wilming ton letter.) He may well have done o. There is up more mettlesome ad vocate of Democracy in the field than Charlie Ay cock. There a: e few if any hi b superiors in ability on the st ump. Dockery has only to Lave his mis statements and his uiierepresp ntationa pointed out, his atlnupta at brow beating loldly met, his utter dcuia gogipui exported to be put to rout in the opinion of all who are capable of formicg judgment on a matter of public policy. Mr, Aycock ia just the tu&Q to ywipe up the groima" with bim. We have a pkatiant letter from Rav. G. W. Sanderlin, of Wayne, in which that distinguished g err It man desires us to say that he thankB "the many good fiie;ds trt rj where who bave.tipressed kindly fceliEgs and words of sympathy" for him in his llckncss and in which he rxplains that "the sickntSE, though tedious and quite exhausting, was at no tiaie very serious." It caulo . about, ho eays from over-much crab at Mcr Lt ad and there are many who wid utide-s'atd 1 1 I 1 ft ..11 'A " B-a lt"" tnorougniy no u.uu-uii . , ' biiouu u . t. uo a vict m Now, however, ev ry bedy will rpi t in ins j ar'iul i.-coft ry and io the Stat with astonishing rap dity. But to the gist oi his ieniarks. He tays re will meet his appoint ments at Graham and SSwepsouville wLfie he is speak with Capt Buau nxt Sbtnrdav. To U8e his owi. d-s he savs he rrouOBes to iui.it iht-j.i aiyhpw 5 " wii r j e m rnS , ar uu i.-covt ry ana CUrrency. Since Cleveland's sd-Lop- for h.s tptedy a lid. full ; .fcaUon began the absolute in tcetoiaticn to health lie La n ade ; m money in the hand tf the bin-.wlf one of the moB. popular mer. , hn ssi9n ntm un i :- CAtvr. ALKXARDER1 ADpBKH. ; ; We regard Capt AlexarMJerV adt drcf9 as a very important doentnent. 'jhu u-sttere. touched on aye'ef the vry tirst consequenco to tiie people ot Nurth Carolina, and Oapf Aioxar pj ftkn in a rn-fsure fo he 42 000 :" d b-rs nf the Alliance who hsve rir-IIid tbemserves in this .'Tb' v u'e by no means new matters to u?. for tbr" New,s and Ob3bve3 Laa couM ied tbcxn j far after ysar, seek ing to iLrcw light upon them and awak' n tl ought in regard td them. Thadaik picture Capt. 4texandr df s ws of the condition of agriculture is nuue too black; and the question nit u. ally arises, What is t! oe done abou;. il? Wbat is' the Alliance' going to do to put this leading industry of the State on a paying basis? We u.e glad to see that the Pfeai dent tl the Alliance takes ut little atot k in the cry against' ie mt-r chibiH. although it is doubtieps true that the lieu system is a VkiW ei u abvajt our necks and that Soie of tJie mcrct'.aii U' taking liens have o(o boei of compassion. .He is equally cor rcctin poiuting out that thefleUiing il 'oouJii ivns uudr which we fw inusi bo taken into cous'dvra ioiil': Wheat aud cotton rasatl ia duti4i Iud'a play au iuiportaiit pari iu tbruiiit mg wLethor our farmi are prolithbli. oi Lot. Eng!u:id hdiaeif canijot BlTjrd to raise wheaS notwithstanf mg her dejjte population aud her grAt luttnu fucturicg towns, although n r avuragu yield is twenty eight busbeijs; to the acre. ? ' W7et applaud the remedy Crfpt. Alex ander suggests. . There mufet be a better system of tillage. Wiile it its true that there is more in the man than in the land, no land s&ould b cultivated that is not first put in first class condition. : We live in a period of cfianges rapid, startling changes atd it is well said "that the telegraph) ad the railroad have forced achaugain agti culture." Other instrumentalities, however, play an equally i&portant part. The application of professional skill and of machinery and of labor saving implements have contributed to "forcing" these changesi : ,To understand tile change condi tions to which Capt. Alexander ad verts, we must bare .an intelligent apprehension of existing fact$. These should be carefully studied, atientlj investigated and diapass onaScly ccm sideiec). ; Speak ng of the telegraphs! and the railroads, he' say e: They havejpfntral- izea our government, ana trusts, com biuts, poob, mcinpolies &$e their I offspring- ; We take it that these results are rendered easier because the railroads band telegraphs are -used. a instru- fiuents to accomplish them. j;n them selves these faculties, however, do mot bring about such results: but icipitalists can make Cpmbina- :tiys and can carry into effect lauy nefarious scheme more easily 3 because cf the speedy com' !m inicaticm effort d by these use f d servants. And by bringing the ine'ctiions relatively eioser t,gether, obliterating State lines, fmaking ireaiote commamties but suburbs of jtbe great metropolis, these facilities Jindrect!y strengthen influences tend ing to consolidation. But that ia a jpolitical inatUr with but littjlo bear--yg"mou the great question oi. What hu;i we do to make cur agriculture jprofpetoun ' a$ ' Tlie influence the railroads exert jon agriculture is. positive and direct. If tfcey carry a baie of cotum from Georgia, or Louisiana, or Texas to' jNew York for less than fron) Char lotte or lUIeigh, it puts us it a dis advantage. If they carry wheat from jM'.nrieapoiis to New York for ifss than Jrom( Charlotte, it is to our detriment. : But if the northern lines canS afford (from their bulk of business to haul :jrhPr than the southern lines, the volume of whose business i$ much jesB.'he inequality in cost of transpor tation is our mis.'ortune, and we havo to submit as to a natural cause. ; The transportation problem! in deed a most difficult one as $t is a biost important one. It is elided to Restrain and control orergroiln cor . borations, to divest then! of much of their power, to prevent theirjl from stifScg j competition, to prevent jools, associations and combinations, j At this point they touch the ques tion of agricultural properit very Olosely. Ofttimes they prevent the building of new lines, cripple oth er roads, deprive the people pt new facilities and, establishing a.mbnopo , rule "within their territory" des potically as with a rod of iron The Jower cf great lines, of vast jpombi nation8. is immense. Thev i are a ifaenBce to the people. They vy ar- oitrAry taxes upon industry and bur den the people. It is none tod soon tp realize that great lines milst be qiade subordinate to law. They are Baruhs indeed. But yet we cannot thiLk that the government fhould ciwii'lhe raihoads of the country. That would be to substitute 1 other evils: . I j What Capt. Alexander says of the ftjatirinal bank system-and of the cur rjjucy is admirably said, except that h I.sh inadvertently fallen into. an er f j)r to the oontracion of, the enrren The greatest amount of national larjk. currency ever outstanding was !iG2,000,()00 in 1882: oa Nov. 1, 1885 tbo amount was $315,000,000 and the AoQOiint outs'anding in the .hands of tie people Aug. 1, 1888 was $249, 438,573 So the reduction is only 1 13.-000,000 from the highest point, in and $70,000,000 since Cleve land came in. Tli amount of "available" inoney in the Treasury vaults on July 1 was enly 143,000,000; so that the entire withdrawal of currency in three years has birn only $113,000,000. On the cipher; band, however, in the same Tierioti there Lave been large additions U th currency in the chape of coin &d of gold and silver eertiflcatec, swg.ting $233,000,000; so that the Kiluijuo of m uvy in the Lands.cf the I p.eoil is many in Uions more? today ! Uiati ever btfore. Onnt. A lniir.ilt.r ia ujan ever before. Capt. Alexander is rt error. y There has been no contraction i Iopie nas been $lu,uuu,UOO In Svtad .of there having been such a j jfli;ti action of the currency a Capt. ! 4rxaUdfcr indicates,, the currency has bjij, bp to the present time, contin vrjjllV expanding. This lact but tervts to make a to ; 14 ton, of our agricultural troubles o?ijly more difficult. It is rendered stilt mora difficult v. hen we look North: and see the farms of New Eng lacr depreciating in value, although ia to midst of a thousand factories; when we see the farms of the Middle S'-aU's depreciating in Value, although in tijie vicinity of tbe great cities of Ne-y York, PhiUielphia, Ba'titnore a'id ; ascicgton'; wheb we see .the i&ri-js of. Ohio and Indiana depre ciating in value, although their fer tility ib iuexbauatible arid the po; u latiiu harj largely iacrehsed and, sp? ikitig i-j a genural way, no farm in ithr r Stato is ten -miles from a i ail road. ; Tto u ndilion of the iSouih, bow-eve-, ii worse than that of the North; for there arc cause that operate to our detriment and to their advantage. IVs't, we get all of our store goods from the North and they cost us at iea.-t fifty p r cent moire than they are orth; while what We have to seil brii gs only European pPics - Second, of the $371,000,000 col-', iected each year by 'th government, we py our proper ionj but we get not uue tenth of it back. E guty mil!:cn4 of dollars goes each -a-'"tio Northem tneu. as pe 'Biout Wii'outi u valuable equivalent. $45, 000 000 gcot, for lute roct to the North aud 100,000,000 in yi .trlv p.id ou: to North ou bouds Q'l the to ma i i g i iu,uuu,wuu irttje ia opt nlat fat-. !S .inh; the goat bulk of it is distiibulid at the North. Heu: we are drained each year, and our Tearn- "tg 1 V." io eurieh 'he Northern peo p:-. 1 uat iU4kea o-ir condition 'worse lLa i it otherwise would be. There ih aa average of one million dollars paid out by the government in each year ia every Congressional district at the North. : We are drained; they have millions; ou millions distributed amoog theui without g.vio labor in ret iru. ' These matters are laro factors in the problem. They must be consid ered if we are to benefit our people or do anything in a practical way for their advantage. HUN. THOS. M. HOLT. We learn with pleasure that our CUidida e for Lieutenant Governor, Col. Holt, is still improving slowly, it is true, but still improving, though not yet able to move about much. He left his home Monday for the Buffalo Lithia Springs, Va.t for the benefit of Lis health, and we hope he will rapidly improve there and soon be able to enter on his canvats, as he is anxious to do. He has hau the sym pathies of a very wide cir(s!e of friends and acquaintances in his illness as well as of the body of tlie people of the St tte, who admire him aa a pub lic man. , All wish him a speedy re BtO'.aiiou to health and strength. Ocb friend and brother, tha Ashe vdie Citizen, is savage on Senators Rauspm aud Vance and Congressman Johnston because of the failure of thebe gentlemen to be present at the Democratic i ally r of Monday, where Senators Vooihtts and Butler spoke so eloquently iu behalf Ot maintain ing the good government Democracy affords. It gres so far .as to say : 'We do not henitate lo-isay that no decent eicusf, save absolu e physical distbitity, cu be given by either for his npn appearance. According to present soLeduks all could have left vahicKtron Sunday, reached here Monday morning, attended the speak ing and returned to '$a?Liugion Tuesday iuorniug, t'lus lot-ing iue day only. Lhete was nothing in voived ia ' afhington for Monday which p.'Ccluded their leaving tte cvpitah Two liistingutshed colleagues of our Sinaiors, from other States, w ere here aud had consented to ad dress the people, of which-they were notified. One or both Senators from this State should have been here." We do not doubt that both our Sen ators and Capt Johnston would have bee n more than pleased to be present at the Asheville rally. We are satis, fied they would. But we Sespect fully suggest that it may very rve;l have been impossibl e for them properly to gratify their wishes in the matter We sub mit that impossibilities should not be required of them. They are on duty at Warhiogton and maters of the gravest public concern demand their almost constant presence at their posts. In exactly the proportion that other Democratic Senators are away from Washington Ums incum bent upon oar North CaroiiLa Sena tors to remain there. While we know from their action in the past that they are ever ready to fight Radicalism wherever it may show its: head, we should not expect them toiatteud all our home rallies, even when they are of the importance we admit the Ashe ville meeting was. We should be quite willing to leave to their discre tion every question of 'the pro priety of their leaving their posts in Washington. We know that they are the very centres df work in every campaign for the gocd of the people. We should hesijate long, thertfoie, to criticise adversely any failure on their part to attend home gatherings, being careful always to remember that their post of duty is at Washington, save when, in their judgment, the state cf the public business will permit of their absence. WTith respect to the 'Asheville oiueting particularly, we would say that both the Senators! were in the State last week, and it is not very unreasonable to suppose that they found it impossiole with due regard to their duty to the public, to have their places in Congress at the pres ent juncture. The "Tall Sycamore of ; the Wa bash," Senator Voorhees of Indiana, and Senator Butler of South Carolina, spoke in Asheville Monday to anim' znense crowd of people and jnost elo quently. They aroused the utmost enthusiasm in their hearers and did work for sound Democracy that will tell. We note with great pleasure their presence in North Carolina, and hop the State will have the pleasure of welcoming them within its larders in the future more, frequently than it Las bud in the past. lohiutoa Democratic Csnreatlon. UoMaboro Argui. Of all onr visits to Smilh'field we remember to have seen no larger crowd there than we met on the court house grounds on the above mention ed occasion. The convention nominated for State Senate Jas. H. l'ou; for State Representatives, Me6rs. Johnson and Wellous, and for sheriff, Mr. Ellington. 1 PRESIDENT L.KXNDCR TO ' TUK A LtLtl A N t'K. - HI Or EN ISO ADDBE93 IS KtTLLV J-'ellcne Members of the Xorth lina Farmers' Alliance: Oily lR6t year the Farmers ) Alli-1 nice was introduced into our !?tate. '' uu first Alhauce, was organized in RobeBon county, oh the 20th day of Apn), and the State Alliance was or ganized at Rockingham, on the 4th day of October, with eight County Al li-mcea and 132 Sub Alliances. Now we have 52 County Alliances and 1,018 Sub Alliances. The unparall elled growth of our order has aston ished every Ouo It shows that our farmers feel tho necessity of organ izing for their own protection and for the advancement of their educational, mc ai and hnarcial in-erest. It is my duty to make such suggestions to you as I tay thiiik proper for the' good of our order. I have deemed it im portant to organize the State as thor oughly as possible and leave the de tails of arranging tha business inter ests of- our otder for jour considera tion. The i t ports of the Secretary aud Treasurer will give you all the icformat.ou yoa may desire in regard to tne wurk done. . Tlie cjiidtliou of our farmers is not satis :' iry; hey work hard from January to Jauuary, only to rind an othni yt-ar of hard labur Uuforo tUem The prolitn of faruiiug me to siui; that the mot rigid economy h.ss t ; be u-ed to save trie hniaH,tHad; rd'1 often a farm realizes ieH proli than if he hired himself au 1 funly for negio waes and Lj 1 livsd on negro ratiou. Way is this f It ii the great question tor the AiJiauce to solve. Our Suin produces every species of plant that grows between Mobile, Alabama, aud Toronto, iu Canada Yet with this great variety of soil and climate, w are forced. by our environments to riise far market the two grea. e.rapie cropc, cotton and tobacco. To understand our environment, it is necessary to re'er to our condi ion before the civil war. , Then our State was a slave State, our labor slave labor. We had only one town of over four thousand inhabitants, we had very few manufactures of aav kind. Slave labor Cut down the magnifi cent forest, wore out the laid, ttirew it out to grow up in old held pines and cut more forest, to wear out he land in like manner. The slaveown ers did not desire large towns or mau ufactures near them. They cared naught for the development of the State, and wore content to live in comfort on tie ' proceeds of Have labor. The v.a- ouJui; slavery was abolished, and so great wero the tac rifiaeB of our people that but little property except land was left them Witn no home market for anything, they were compelled to raise the only two crop? that wo-i.'d bear shipment --cotton and tobacco. Fortunately these crops brought very high prices, aud many believed they would soon be richer than they were before the war. Supplies were purchased based upou the spring prices of the crop. The fail prices of the crop we:e so much below the spring prices hat but little profit was real1 zed; and thus i continued uutil the price of the crop has reached thecotof i s proiuftion. The farmers generally believe the merchants are the cbuse cf thirno receiving due rewatd for their labor. They thipk the mor gage system and tirui p icies enable the me chants to exact such exorbitant rates a - to leave theift no profit. It, i true there tuay be a uietchaut here and t ere tha has acted the Shy lock. But it is pot true tbat the merchants are resporia b!e lor the fjiniers' conditiou ir for the sysieiu thaj caasrs farming to be iiuprcli abl4. must look bej ond them to finct it. , Politics engages the attention of our people to a very great degree, and the politicians gu de the people and our politicians know but very little of the practical questions that now -confron' us. While they have excited the people upon sectional aud theoretical isnues a great industrial revolution, has overtaken us; even our laws, made for a past era, da not compass it. Steam and electricity have rev olutionized the industria' pur suits and methods of mankind ' o a degree that has no parallel in his tory. Crops that wer profitable iu homo sections are tot so now. Even mines have been closed aud manu facturers forced to change th- ir abode, io illustrate how it affects agricul ture in North Carolina: Cotton costs us to raise it from to 8 cents per pound. The Gulf States, by reason of richer lands and six weeks' earlier season in spring and six weeks' later reason in the fail to mature the plant, raise cotton at 3 to 4 cents per pound. The railroads can transport cotton from any part of the Gulf States to any section of this State for from one quarter to one half cent per pound. This, tskeri in connection with the fact that the Sulf States contain un cultivated land enough to produce more than double the crop of 1887, out to convince any one that the present system of cotton cul ure iu North Carolina will lead to bank ruptcy and ruin. The culture of wheat is less profitable than cotton. Our wheat this year co3t on an average One dollar per bushel; in fa vorable years it costs us sixty to seveiity-nve cents per "buehel. I am informed bv a responsible merchant that h can have tne veiy finest flour from the Northwest laid down at any depots in this State in car load lots at four dollars per bairel. So it is with oats, corn and hay; each delivered he?e at;or below the cost of produc tion. This presents a gloomy future; yet we must meet it. and the only way I can see to meet it is to do aa the far mers of Old England and New Eng land have done "tin ow out" the land that does not pay for cultivation and is. unfit for pasturage, increase the number of acies of pasture, and by high manuring and thorough ullage increase t he production per acre of the lacds cultivated. Much of our land is too nearly woinout to make pastures for Lorsea and cattle, but will support cLet-p; ami t-hcep hus bandry can be made the saivalmu of our agricultural interest. It is true we have no home markets like the countries reerred to, but wo are witliu twenty-four hours of New York City, and caa find u inaiket the:e, aud in the grea-c ties that in tervene. North CaioliLa must become a great manufacturing State; lhoewno may live to fee it wi:l have, a home market for a diversified agriculture. Until then we must, by thorough till age and high manuring, iucreae our product per acre of the land culti- j vated and keep! other lands in pas ture. Not only havp the railrcaJs and telegraphs foicap a change in our agriculture, but they pos&ees a power of taxation and patronage dangerous to the liberties of the people. They have centralized pur goveruuieut and trusts, corubinefj. pools, monopolies are their offspring. A fr end! now past three scor years au ! ter, le lated to me the following incident : "W ben I was aj young man I v sited Boston I carriedj a letter of introduc tion to Mayor Ojuincy. He received me with that hosipitaiity for which he was dis'inguishe, and invited me to a banquet given a honor of the com pletion of the firt forty miles of rail road that entered Boston. Iu his speech at the baJnquet Mayor Qoincy Baid : 'We have completed forty miles of railroad. If we can build forty we can build eifchtjy: if we can build eighty we can build two hundred; if we can build two hundred we can build one to the akes; if we can build one to the lakes we can build one to the Pacific Oeead Give me the trans portation of a pebple and I will con trol tnem. Prophetic woijds. My frieud has lived to S' e the pYopbeey of this dis tinguished BoBtqnian fulfilled. . Pat ronage, free t- anfjoorta ion and money can uomiuate anj cudid.to for il!i;e h'gh.-r il.au the IVgisUture, or failing to nominate can j defeat their oppou eut. Wba department, of ihi State or National Government is free from the taint of free transports ion or telegraph c frank-? "No man can srve two masters" It is believed tUat some who atje elected as repre sentatives of the poop'e are retained as attorneys of the corporations. Sen ator Ueck, of Kentucky, introduced a resolution in thejUnited S ates Sen ate forbidding any Sinator to act as attorney for a railroad in which the government was in erested. It passed, but the next day was roconsideied and defeated, thus giving tho sane tion of the United States Senate to .acn of its members to act as an attor ney for corporations, &3. It may be good for theorpra" ons, but it is bad for tne people The motto of syndi cates, truste, combine, pools and monopolies is, "io legislation is good legislation " Hejcce thoir d. sire to rets n members 4s attorneys to keep off legislation or to shape it so as to render it harmless to their interests. Our laws wrre mjid1 for a past era, and w have n m upon our statute iicot tjhf I-! of steaui and elec r'f.tv Si me p or-le bd lit vea railiO'id con mis!m w.ll cdju t evrvthing. The rairrs'4.i rr pbov o the S'.ite, and anv law a Stat C in pjiss mny harass them. tut tne 'otal tax roads of tha peop requ'ed by the rail- f) wfll be as creat with :he cominisiofit'as without it- Tne national govjerneiit has tried a commission, and lit as been found that a half bred riilroai attorney can drive a sis-hoisa learn tarough it, and so it will bts wuh any commission law they pass. Tliej railroads make uo showing of books' and manage their affairs iu secret. How cau it be other wise t Tha Km'hta of Labor, many of thorn railroad iben, have given as j one of their declarations jthat tLe na tional goveromn should own every ; railroad and telegraph line. 1 Many object to it upon the ground ; that it would give! the politicians too much patronage. If this patronage ' be dangerous to a government, it is : more dangerous iq the hands of a syn dics e, for it will control the govern ment.. But I see ;io need of the gov i ernm nt having as much pa ionage lht-n vs now. O'aniz a transportu ; tioa department and pos' office de partment by enlisting men for life or a teiiu of years, and not allow them I to vote- The a my and navy are bo j organized and no jone ever hears of i trouble about patronage in either, or their interfering iii any way with eltc 1 lions. ! . ' j The money system enacted during j the war to sustain the credit of thegov i eminent and raise money for war pur i poses, is unsu ted and burdensome to i an f grcultural people iu time of pence. The only arguments advanced in its behalf are that it is a safe cur ' rency, and that one dollar of it will j buy more than onej dollar would be- foro the war. As o its being safe, I any money 'be government should issue ought to Le as safe or it would j fa 1 to accomplish jthat for which it was made. The purchasing power of j tee dollar is no criterion to judge by, I for as you iccreasje ; the purchasing j power of the dollar! you decrease the 1 va'ue of labor and jproperty. If the I purchasing power qf the dollar is a I true guide, then rejluice the currency on-haif and a dollar tyill pay for ten times as much labor Or property as it does now. Then jagain, roducd it one half, and a dollar will pay for fifty tiii.es as much; as it does cow; so that the purchasing power of a dollar would be on the side of money kings aud against the producers. The national banks are virtually given a monopoly oif banking by the government, and tiiey virtually de termine the rale of! interest wherever they are located. Tlie rate of interest averages te.u per cent, which is much more than an agricultural people can stand, the averag of agriculture being loss than three pe- cent for the last eight years- Tljiis is not the fault of the stockholders pf national banks, but the fault of the government. The banks were created by the Republi can party, and it seems af it d to give tbero auv relief, aud he Democratic paity setuis to . regard them as the Jews of old did ihej leper. In order to khuw it is tho government, not the stockholders, th'; is responsible for the high rate of interest, let me illus tialo : Sav we wish to establish a national bank with! a capital of one hundred thousand dollirs. The first thing the government rtquires of us is to go and pay its betted bondhold ers $28,000 bctu? that if, pay $12S,000 for $100.0 0 of bm ds Then tho government issues ls $10,000 of cii eulation; of that the government retains five per cefct rt serve fund, $4 500, and we start our bank with, $84,500of the$128,U00 wa started out with.' The law itq( ures twenty per vnt to bo kept in jegal tenders, bo tliat with we Lave $5G $0 to cemmencfi Furniture, fi XX ur s, stationery', iVc, will take at leas $4,000, giv nga bat, king capital of $02,500, or less than half of the $128,000. Ten per cent on the $02,500 would be Four per cent inter est ou $100,000 government bonds $0,250 . 4 000 $10,250 From which deduct expenses, taxes, &0-, as follows: Rent and s Aloises i4,500 ! U. S. tax on circu lation 900 j State, bounty aud tou tax.... 1-800 1 $7,200 ,200 Leave or lees thau three 12S.0J0 paid out $28,000 piid tic prom, ? o,05i' -ii the i er i en ti'i ... j1 A l.e o bondliuidei' of will tiRve to by made out of tL'. patrons of the bunks, or lit would be lost;o the stockholders whei the fyond teached maturity' Thu shows hew 4epend ent the national banks are ;pn de posits. It there is a tigbtiiees )p the money market so aa to induce de positors to withdraw deposit, inter est is advanced, and in case of panic, the banks are jeopardized. National banks cannot lend mouey at a low rate of interest, nor can thaj loan money on long time without great ritk, for they cannot tell at what time the depositors may call upon them for their money. ' A high rate of interest is a feast 'o monopolies, but is death to agnciil Hire. SnouM a Sta e reduce "by the rate of interest, it would "driv out to other States a Urgi amiourit ni capitiil, and the rewia r? rg icaoits would be lakeu up by weA.tby b6r ' rowers, leaving the leasees itUfui ; auy showing for boiioiD miney tc ' meet an emergency. There is anotlier fcauie of "the na tional bank act that ih.lli power for a government to part with. It is the power to contract the cur rency at pleasure and without notice. The law gives each bank haying a capital of over $150,000 the privilege to reduce its circulation to $50,000, j and banks having under $150,1)00, to one-fourth their capital This is done i by placing legal tender notes -in the United States Treasury and withdraw j ing the bonds on which the circula- lion was based. The Comptroller of ! the Currency reports October 31st, ; 1887, the national bank capital at $578,402 765, and the national bank notes outstanding at $167,283,343. This statement indicates Jthat he na tion 1 bat k circulation is contracted over $350,000,000; add to it the sur plus of $150,000,000 in the United States Treasury, and we have! a cur rency contracted by over $500,000, 000, a su u sufficient to add mateiilly to the purchasing power of th&dollar and depreciate labor and property. With such a ! money eystem with syndicates controlling the transporta tion of the people with power to tax "all the traffic will bear," with trusts, combines aDd ii onopolies controlling not omy tne luxuries, but, the ;neces ba'iesof 1 fe, whe.re sua'l we look for relief! Itwiiljbus appear that the merchants are their unappoiutfd and unwilling tax t athe;ers whoso envi ronments compel them to act ds they do; and yet with all their labor, how I few of them have accumulated a re ' epectable fortune? j j Steam and. electricity have central j ized our government. The national ; government alone haa power to cor uct these evils,1 and to it and not elsewhere m u!. we look. In our State the burden of -taxa-j tion lalls moat heavily upoil our j country people. They are required to pay ail the tax for opening and ! keeping in repair our public roads land highways. This tax amoucth to more than all the other taxes :j)evied for S'a e pnrporeo, It is iho system . orig'raied by be Feudal Barons in : the dai k ages, aud introduced hejie by th;, slave owueri-, and oujbt to havi! died with slavery, for Lxt to ! slavei, tlie condition, of our public ; roads hus retarded iLy dc vf-hjpuieut of our Mate. Those who upti)iki this law, ass'gn as their reasou thiit tha i poor whito mau and tLe neurb tav but little of the other tax, ai d;, it is the only way to get any thmg from them. If this be rrue, why tftx the poor white man and negro rjf the country and exempt the poor iwhite man and negro of the towns? Why tax the rich man of the country and exempt the rich man of the towns? As well might the county people de mand that the town people pay all the court aud jail expenses, because the eourthouEes and jails are located I in the towns. Good roads to owns j increase tiade and reduce the cost of living to the people sad are as eusen I tial to th- m as to country people, for a town blockaded every winter; with j mud is as helpless as a wagon' with j ou' wheels. j : I Whiio we learn from week td iweek, through a superb agiicu.tural,prc6E, the improvements and advancements in agriculture, we ihould not forget that it is our duty to demand of the State and national government to give us that protection that will in sure us tho j Jtl benefits of our labor and to remove fiom us buidebs that we ought not to bear. With the con trol of tailroads, telegraphs and the money sysiem, it is possible for syn dicates, truoi, combines and monopo lies to rob a people without owning tne lana a3 completely as tne parous of old, who owned tne land j and claimed tho people as vassalsJ jOur danger it in beiug : educed lb pov erty auu rendi red neiplosp, and tne dauger of ihe grett aiiuy of railroad and telegruph employees is in ;b)sing dependent; they may become Bbrvile. The great number tf strikes made by them show they p bstfas au uncom mon manhood, but as the syndicates, truste, combines and mcnopolif S in crease in power the struggle ia ren dered more unequal. i What the near future may ibring forth TiO man can tell. Let ua act well our pa:t. "Thee ull the honor lies." i Ao home Shonld be Without H. It lka the place ( a Doctor lad costly PrecrlUoBa No l 'ss of limp, no interfi-reu witU liQjirtes' wlille taknitr. .No danuiT from exposure after tnk id. Invilul mid delicate persons will floct iothe mildest aperient and totrc they can use. A little taAeii at iiIkM lusiires refrcliuig sleep gurt a natural eracuaUni of the bowels. A Uule taken ia tlie morning uliarpems the appetite, cleausei the stoniacli and sweeteus the breath. "1 hare been practuung A PHY8ICI WS BUMllcine for twenty years . uftniun. ano nave never iieea able ' to out u d a vegetable enm- ponnd that wuld, like Slinmons l.iver K KUl.rtr. promp' lv and udevtualiy move Uie liver to action, and at fll ) same time aid (instead of weakeubiR) the digesUTe and asslaiilative power of the Sys tem.!. M. HlSiToN, M 1) , Washiogtoii, Ark. KXAMIXB TO SRB THAT YOD OBTTHB OKJOTUSB, dlatliiKUished from all fraud and Imitations by our red X trade mark on front of wrapper, and oa the aid the teal and tUriiaturs of J. IL Zeilin oo. Inbound THE CELEBRATED NERVE TONIC. A Word to the Nervous You are painfully aware that you Have nerves? Then you are sick. A healthy boy has as many as you, but he doesn't know it That is the difference between "sick" , and " well," Why dbn't you cure your self? It ii easy. Don't wait. Paine's Celery Compound will do iti Pay your drug gist a dollar, and enjoy life once moret Thousands have. Why not you ? WELLS, RICHARDSON & CO, PROPRIETORS, BURI4NGTON.VT. I Know, You Know, Wi: ALL Ki()W. HE-IMO STANDARD He-No Tea, Pure and unadultera te 1. Is the moat healthful, ecjnomi .al, delightful and fragrant of a'l Teas. Take no klitafcionB. . 4;, fchd 1 11 , paok ges, only 75c. pound. W. C. Al STRONACH Wholesale ami lie tail (J rocerp and Candy Manufacturers. Importers agents for f f.e No Te Jobbing trade Kupplie I at Im-porU-r's pnees . Celebra.ed Magnolia VV inter Cured Ham-, 134; t 15c , at W. C & A. B STKO.'.VACll'S Thurbr's speiittlly impt irteti spices and London mixt d sr pices for pitklot," at W. U Si. A. B S TKOS'ACH'S " Flire hi cider ; Vicegar, four years old, for pickles, .at W. i & A U iSTBOSlACirs'.. Confe::! iDrn ?'b A sugar, fo r preeerv itg,'i.t W t :. & A sU." Sl'BONC : H 'S. Genuine. ld Seed Tick liio coffee, 2dc. lb- at. W C. N,iA B. STBONACHs. Exv.ra sei'ec,''So ir l-n,- l eaj, 5 to 10 W.'t. A: Ex.i 1 1 je- i. f? Sii .OXA ZU'fi. v0 "v nr. w ; . a . p. & jEoi.nrs. V, i!e. n . J. t-ri itystot Wf :'ei 1 cn-t 2 Id ti"C, ' 1 W. C .vc A. i;. SiritGKACU'.i. Augcstnt t.'rx-arterr Jcrrey iiulltr, lb pvrcu, r.i W . C & A. 1). STitOXACn s. Selfccieu iamilyi Ne.ilu CaoLa roa herriijgs, old and new packing, at fishery prices, at W. C & A- Ii- iSTKONlCH'S. The fiireHt. of ugar cored hams, the Wesph uib, 10 2 3c lb, at W. V. & A. B. STIiONACfl'tJ. Use Bacilicide Elixir for jMeveution and cure cf all mxlarial affec tions neuralgia and haid ache of malarial origin $.100 per bottle, at W. C & A. B. STRONACH S. TTineof Cccoa for nervous prosira'iion, brain exhaustion and all kinds of mental and physical debiiit , $1.00 p6r bottje, a' W. C. & A- B- STllONACH'i. O.d toilet soap, 10a per bt x, st W. C & A. B. STBONACii S. We Three: Stronach'i l'aucfiilas hc'-RM valu Operas A. A.XA.l, Conchas ar the be ft of all 5c. cigars, at W. C. & A. B. STliONACH d Haxall-Crenshaw Mills meal, at W. G. & A. 15 PTRONACB'S The great Atlantic &. Bacitic Tea Go's famous Thea Nectar Tea, 50(i. lb, at W. C & A. Bi STRONACU'S. Fine Teas, Oolong, EngiisU lireak fast Imperial Young Ifyson, Gunpowder Japiii, at grocer's profit, at . W. C & A. B. STRONACU'S Extra choice fami'y soda crackers, , equal to any. jSold at 15c. ib., only l'Oo. lb, at V. C. & A. B-;SrRONACH'S. New HUtumer cheepf, Edan and Pine apple cheese, at V.'. O. & A. B-iKTROJxACH'S CO 0 iCJ CO 03 ft So r mm t 5 T3 O O G c u .2 a (0 OS CO Q 43 f H G$ .1 O C5 o IB ii 3 c. c; . o IU. K.B. kANKIiV Ha7Jtox street,' - r e uv ww hi a uuviiu, Atteoda to tr gener al practkof medl- -mm P 1 O J : Wo 1 o m ' HAMS . J.R. FERUALI.cc CO (i HOCKKH, 222 FayttWiJU lit We are receiving today 1,000 Um choice Virginia harus. sizes to suit A cverytiy. N. i Itams and sides. jelihbW' hi' !:s, sniaM sies. Jerri1 rii inoke l toi ges and L.-ef. Jreskfatt bacon btrip-. Jew mulli ta pirst-class goods Jow pr'o-es THE .HAMMOND- rr -tk.m.-S!: ypft. ii ii ''wiitiiMiisgggn Typewriter IHe mc st l'ERFECT uiachina ever of fered on the market. ; For Npeel. Mrt'iigtli.Chaiigeabte T e, lcrfe't Aligiimeiit, Ilean Ijr and Itiratilily. The otOy Typo a riter awarded a GOLD -MPDAL at the Now Orleans Exposition. It has mny adTantaires over other writing inacliin's, and the work done on j it is PEHi EX T. It Cannot Get Out of Alignment ! It is A' LiaUe to Oft Out of Onler ! It Cannot Coll vie. with Itself ,' It has open-end carriairn, which admits of paper of any width or length, aud has changeable type- f mf Every machine WA Hit A NTI PCR- y I EOT. Price complete, with two set' of type, $100. SeB'i for catalogue. T. A. MONTGOMERY, Statw Agent, ltaleiirli, NC. SiWlAL "" . BARGAINS In tuiti: gs and all variet es of nn tctu made CLOTIUIVG. i, wxivxa ri 1 1, MERCHANT TAILOK. NO. 8 WKST MARTIN STKEfcT, (Opposite Poetollice.) The best goods stylishly au 1 eubbtan tially made up at ' all and -see me and exaiuiuc gix ds and find out prices for j-ouruelven Tto red-uction in rates is bona tide Very respectfully, . Vtnf t'fOh 417 and 419 FayeUevilie Ai t RALEIGH, N. C Branch lard," Lit tier' OiJ NluiiJ. FAYBTTKVIULB, M. C. Uanufatnurer of all kinds of Monument) ntl Tonitstone in Marhles or Ciranite., Alo Conti actor for alt kinds of Building Work, Curbing Posts, Steps, Si Us, &c 1 E SI GNS Of all descriptions kept on hand and sent 5 to any ad drees upon appucaoou. Chao. A. Goodwin, Proprietor V i J I ; J 1 i - J v
The News & Observer (Raleigh, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Aug. 16, 1888, edition 1
2
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