Newspapers / The Weekly Star (Wilmington, … / Aug. 28, 1896, edition 1 / Page 2
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WILLIAM Hv BBBNAED, Editor and Proprietor. WILMINGTON, IN. C. 1, Friday, Atfgust 28, 1896. 3T In writing to change your addrea mJmayspytr farmtr directional well as full particular! iu where yon wiah tout paper to be tent hereafter. Unleai yon do both cnanxea caa be made. . . ar- Noticei of Marriage or Death, Tribntea of Re ipect. ReaolutJona of Thanks, Ac, are charged for as ordinary advertisements, but only half rates when paid for strictly In advance. At this rate 60 centt wiU pay for a simple announcement of Marriage or Deatn. . ty Remittances must be made by Check, Draft, Postal Money Order or Registered Letter, j Postmas ter! will register letters when dented. , ST Only such remittances will be at the riik of the publisher. ' 'i ' V I' jy Specimen copies forwarded when desired, i NATIONAL DEMOCRATIC TICKET. . r for president: WJLLIAM J. BRYAN, . of Nebraska. . " for Vice-president: ARTHUR SB WALL, : j STATE DEMOCRATIC TICKET. I FOR governor: i CYRUS B. WATSON, pf Forsyth. ! t r for lieutenant governor: THOMAS W. MASON, ; ' of Northampton, j for secretary of state : CHARLES M COOKE, , of Franklin. , for state treasurer : i, B. F. AYCOCK, j nf Wavne. . I FOR STATE AUDITOR : j R. M. FURMAN, ! I I k of Buncombe. j ' j . FOR SUPT. PUBLIC INSTRUCTION ! JOHN CJ SCARBOROUGH, of Johnston. ' FOR ATTORNEY GENERAL ? ! i neonoMir ( ' . V fc w . . . H i . of Mecklenburg. , S ASSOCIATE JUSTICES SUPREME A. C. AVEkY, of Burke. I COURT ! GEO. H. BROWN., JrV of Beaufort. " CONGRESSIONAL TICKET 1st District W. H.i Lucas, of H?de. 3d 8d 4th 5th 6.h ' 7th , ' 8:h 9ih F. A. Woodard, of Wilson. Frank Thompson. Onslow. E. W. Pou, of Johnston. ! W, W. KitcMn, of Person. Jas A. Lockhart.of Anson. S. J. Pemberton, of Stanly. R. A. Dougbton. Alleghany Jos. S.Adams, Buncombe, BillHye . Often spoke his witticisms : laden with the greatest truths. Among the most noticeable, mostNyeish and most apropos is the following:; f A man may use a wart on the bac of his neck for a collar button; ride on the back coach of a train to save Interest on his money until the con ductor comes around; stop his watch' at HigUL iu save in c wcai auu wai, leave his "iT and "t" without a dot, or cross to save ink; pasture his mother's grave to save coin; but a man of this kina is a gentleman ana a scholar compared to a fellow who will take a newspaper, and when asked to pay for it, puts it into the post-office -and has it matked, "Re used,'' . 'i ! ;,V;-,! j NOT MONEY ENOUGH. j . Hon. Bourke Cockran is one of the few men in this country who assert that we have money enougb..vWlth the exception of a very tew, even the most uncompromising advocates of the gold standard admit practically, if not in so many .words, that we have not . money enough, for they all declare that they are bimetallism and in favor of the free and unlimit ed i coinage) of silver provided we could have., an international agree ment as to the' ratipfor coinage. They admit it also by being in favor of the free and unlimited "coinage of gold, and congratulating, the world on the annually increasing produc tion and the prospect of this contin ued increase for many years to come. Admitting as -they do the need of more money to keep pace with the iaerease of population, enterprise and the volume of business, how are they to give us this increase ? , If the gold standard is to be the standard of value and silver remain in a merely subordinate, subsidiary capacity as mcjney, we can never have such an increase as this country or the world demands. We have to day actually less money in circulation by $100,000,000 v than we had twelve months ago, and twelve months ago we didn't have half as much as the country needed. In 1890' Senator Sherman declared in the Senate that to keep pace with the increasing de velopment, business and population of the United States, there should be 'at least $42,000,000 a year added to the volume of money in circulation, not the volume locked up in the United States Treasury and in bank vaults, but in circulation, where the business of the country could nave the benefit of it." . . .' 1 i ! ... ' Senator Sherman is looked upon as tDbktyptcal financier by the party of which he is such a distinguished member, and is now accepted as a pretty good authority by the gold standard Democrats, judging from the commendation with which they ' quote his 1 latter day financial otter ' ances. Assuming that he knew what he was talking about when he was making this deliverance, how is this addition to the money of the country to be made? There are but three ways. Inmost be done either by the coinage of gold, or of silver or by 'issuing paper money redeemable in something, for if it be redeemable then the metallic money most be pro vided to redeem it. ' , The Populists advocate the issu ing of paper fiat money, but no one else. Oar total output .of gold is about $40,000,000 per annum-, but a small portion of which is coined, or is likely to be coined while the gold standard prevails, because I it an swers the purpose of : the gold man ipulators as well, or even better In the form of bullion than in the form of coin. But aslde'from this twenty five or thirty per cent, of the gold produced is used in the arts, and is not available for money ! purposes. Practically, then, this country is de pendent upon silver to increase suffi ciently the volume of money, and without silver it cannot be done, un less recourse be had, as stated above, to issues of paper money, or rather paper representatives of money, Bui the gold ttandard men who profess to be bimetallists and in favor of an increase in the volume of the currency oppose any coinage save for subsidiary purposes Until nations, whose Interest it is to maintain the gold standard give their consent to the remonetiaation of silver. In other words they admit that we need more money and should bavelt, but object to the only way by which it can be obtained. Their reason is. that for this country to lead off and remone tlze silver without the assent and co operation of other nations would be disastrous. Yesterday we pub lished some extracts from a let ter of Professor Otto Arendt, one of the most noted financial writere intermany,bearing upon this point. ' Herewith we print the views of a business man, Mr. Frank H. Cooper, a member of the firm of Sergei, Cooper & Co , of Chicago and New 'York, the largest retail firm in the world, who has just returned from a Summer stay in Europe. Being asked his views on the silver agitation he replied: J U : I I can't see anything but good to re sult from the free coinage of silver. True it will benefit the mine owners and the West. It will Rive jthe farmer money; it will make better prices for farm pro ducts; it will make the farmer a buyer in our markets. ; . M t ,1"V ?' Times can be no worse; than tbey are at oreseot. Our currency is not expan sive enough for the demands of the people. France has 140 Per capita of money in circnlation, and its' people are prosperous end happy. We have $20 per capita. We need more money, and free silver coinage will pat an end to business stagnation. Our factories are closed and our artisans and. mechanics are out of work. More money will make higher prices, better demand for omnria and a revival of nrosoeritv. "Goods and produce are too cheap be cause oeoo'e have no money to buy Lines of goods have been reduced more than 50 per cent, in the past six months. With free silver the price of wheat and corn would enhance in value. Dollar wheat for the farmer makes him look at his clothes. When they are lrayed be buvs new. He refurnishes his house if it is needed, and so helps to start the furniture factories going again. It is so in all lines. ; The more money the greater demand for goods. A single gold standard would bring prices still lower and more failures and more dis asters for the people. We are partially upon a bimetallic basis now; that is in a measure our salvation; Talking of free silver, our mints could not turn out over 830,000.000 per year less than $100 to every inhabitant. Would that flood the country? It would restore prices, confidence, and resuscitate busi ness. That's about, I think, what free silver would do for us. We want to take care of ourselves first European Coun tries are 'able to take care of them selves." yj .Ayy.... ,- .. j'- vy-yf. These are tber views not of a theo retical financier, but of a practical business man who has studied this question from a business standpoint. and they are a splendid answer to the ranting of hired spouters like Bourke Cockran, who, as we re marked above, Is one of the few men who have discovered that we Have too much money in this ' country, and is now posing as the friend, at so much per speech, of the workman, whose wages, he fears, will be re duced if we have any more. AISOS MENTION. j Senator Pritchard has obeyed or ders from Hann a (who, it is said, de clared that he would not send any money into this State unless the fight was made straight on McKinley), has given free silver the cold shoulder, declared for the St. Louis gold plat form and for protection as the issue in the campaign. In reference to his position on the money question, the Asheyille Citizen quotes him as say ing in his Hendersonville speech, last Saturday : '" '--.., .: ' J -'" , . v "I stand on the St. Louis platform. It declares that it is unsafe, to adopt free coinage without an international agree ment with the leading commercial na tions of the world, and they pledge the faith of the Republican party to pro mote free coinage by ; international agreement, and they nominated a man who has always been a friend to bimet allism, and who will do everything he can to tecuee an international agreement to coin both metals at such a ratio that the party between the two can always be maintained." As a loyal partisan, and one who had not posed as a free silver man and secured his election to the Sen ate by Populist votes with that un derstanding, this might do, but com ing from a man who was an avowed champion of free silver elected to his place in the Senate by a combina tion organized mainly on that issue, this is simply a betrayal and deser tion of the men who elected him: We are ' not surprised at this, how ever; for it didn't require an X ray for a man of ordinary vision to'see through Jeter Pritchard when he was putting his 'principles In abeyance.". But does he think he can fool free silver men with the rot about "inter national agreement" and the pledge of the ;: party . to "promote free coinage" contained in the above extract? Haven't the Republican party managers been playing that take ever since the sil ver question has become an issue in politics, and are they not giving the lie to these professions by contend ing that tariff protection is the main issue and the money question subor dinate ? Didn't Mr. Hanna coniess the cheat when he said that the tariff question would be "the Issue gener ally" and the money question "only in spots," and didn't Mr! McKinley confess It again in his speech to a visiting delegation a few days ago when be said that, the "opening of the mills" was, what the country needed more than the "opening of the mints?" Senator Prltchard is simply obeying orders in his betrayal of his constituents and his efforts to humbug the people with this rot. .The soft-handed sons of toil, who are now taking such a remarkable interest in the wage-earners of the country, and are laboring so zeal ously -for the perpetuation of the gold standard and the election of that ideal champion pf protection, Mr. McKinley, whose campaign is being so actively engineered by that disinterested iron j manufacturer, Hon. Mark Hanna, are issuing some amusing screeds these days Here is one circulated among the men em ployed in the silver mines of the West:- i-.U y 'V::- The silver miners of your State ask for free coinage at 16 to 1. If they succeed tnetr silver, wnicn now 69 cents an ouoce. will , jump to $1.29 a clear profit of 65 per. cent, in legal tender currency. J Now where ao you come in r Before you vote for free silver compel your employer to guarantee that you shall have your fair share of the prOfitS. - '' 'rV"V If they gain 85 per cent, your wages should advance 85 per cent. also. Insist upon your rights while you are able. Suppose the phraseology of this was somewhat changed so that it would read after this fashion : The protected manufacturers of ycur State ask for higher protection, say per cent, or more, i -' i If they succeed, their manufactures will itimn ud fiftv or sixty per cent, and their profits will be in proportion. Now where do yon come in ? j Before you vote for higher protections to increase the profits of the manufac turers, compel your employers to guaran tee that vou shall have your fair share of the profits. If they gain 50 or 60 per ceut., yoar wages should advance 50 or 60 per cent. also. --' Insist upon your rights while you. are able. We ask in all candor if this would not be quite as pertinent an appeal to the employes of the protected manufacturers, represented in this . : campaign by Messrs. McKinley and Hanna, as the transparent stuff quoted above and circulated among the mine workers? "i The gold reserve continues to fall until it is now but a little above the $100,P00.0CK) mark,, although the big banks have contributed about $25, 000,000 within the past few weeks to keep it up. They put it in and somebody else pulls it out. As it -is not taken out for the purpose of ex port 1 to meet debts due abroad it must be taken out for the purpose "of hoarding. Notwithstanding the fact that it is claimed that we have $600, 000,000 of gold . in this country, the U. S. Treasury officials are gratified at the, statement that the bankers now. have on the way from Eu rope $2,000,000 in j gold ' ! which they nope will una us way Into the Treasury, so it has come to this that the United States Treasury has to acknowledge Its de pendence on the bankers to preserve its credit, and . these bankers appar ently, notwithstanding the assertion that we have $600,000:000 of gold in this country, have to go abroad and to get a few millions at a time to keep the reserve above the $100,000, 000 limit. What can be said in favor of a system which puts the Treasury of the United States in such a humil iating position as that and leaves it at the constant mercy of men who spec uiate on gold, wnen it the law were strietly obeyed and the Government protected itself as it . could do, it would be entirely independent of these speculators and escape the humiliation now put upon it. Nets Tbla Cart folly. If a Bryan and Watson electoral ticket is run in North Carolina do not forget that if you support that ticket you are voting squarely against Bryan. A Bryan and Watson ticket cannot poll one-third as many votes as the regular Demo cratic ticket, and, consequently; every vote cast for it would be a half vote for McKinley and Hobatt. THE RICHMOND BOLTERS. Ont of a Demoeratio Voting Fcpalation ot Over Ten Thousand,; The? Could Only Maater One Hundred. Richmond Dispatch ! ; The mass meeting of bolting Demo' crats here night before last was "a dead lailure." - Outot a Democratic voting popula tion of between ten and eleven thousand not more than one hundred vcterrwere present and took . part in the proceed ings. And yet this small body; ot men undertook to elect fifty one delegates to represent our City in the so called State Convention of "the Democratic nartv oi Virginia. The meeting here where there were Biiy-ane aeiegaies to oe elected, was (. . smaller than that held , in Charlottes ville, wbere there were only five dele gates to be elected. - The truth is the disaffected Demo crats here are beginning to see that this boilers movement ia a McKinley move ment in dUguise. Now isn't this so? Is there one man among the bolters who does not know that be is working against Bryan ana lor racK.iniey Are not tbey all engaged in a movement to pull down the Democratic fences in order to let the Republican wolves into our lolc? Surely, and they mast know it, for many o tne m are men ot education and experience in public anairs., c V' I The bolters convention, which will meet nere to-morrow : win ' aeceive no body. It may pretend as much as it pleases that it is "Democratic." but from the lips of its orators will come nothing but abuse of Bryan. McKinley will be handled gingerly. He i will either be praised or silence will be kept as to bim. Tbe bolters' State ComSnittee may make a nni oi asKing secretito Lawless, who is cnargea with making flp the official ballot, to recoga zt theiras the Demo cratic patty, but tbey krfow what answer incv man expect. P. ANDOTHER MATTERS OF INTEREST AT THE STATE CAPITALJ Mr, Bryan' VUit to North Ctrollna-fBaeing Programme : Vor ihs Eute Fir Hy- wood's Minairtlt Boothers i Hallway Cotton CompreH ' Arranaementa For ttaa ; Joint Canvatt or Wat-J 5 aon aad Qnthrio. Special Star TeUgram. ' l . Raleigh, August 26. - Col. Benehan Cameron has just re turned from the North, where be went to see candidate Bryan. Col. Cameron was very desirous of haying Mr. Bryan visiting here during the State Fair, but in this be was unsuccessful. Mr. Bryan will reach here about the middle of September, as formerly stated. 1 The racing programme tor tne; btate Fair will be announced this week. It will be the largest ever offered by any State Fair, probably $1,000. A grand circuit has been organized for Southern State Fairs, which includes r, Washing ton, Baltimore, worioiK. Kicnmona, Raleizb. Fayetteviue ana Columbia, etc., in the ordet named. ! , A leadine Pooultst announces tbat un less the Republicans take down Massey, their nominee for Congress, tne fopu lists will not fuse in a lingle county in the district. This may work in the other counties, but it is not expected : that it will affect Wake. The Populists and Republicans are too close together; for any power to pull them apart. A fusion between the Kepuoiicans ana Pooulists in Waxe insures a victory for them, they think, and tbey are not going to throw the chance away. . ; . , - Chairman Holton says he it going to manage Massey's campaign "He says he will carry the district by 2,000 plurality. Holton is only talking. Witn tnree tickets in the field, E. W. Pou will sure ly carry the district. Ha v wood s original minstrels, com nosed entirely of local talent, cave their first performance here last evening to packed house. The show is splendid, surpassing many minstrels or the road. They take the road to-day, being book ed for fifty towns in Virginia, South-and North Carolina. Five of the troupe were with Al G. Field's Darkest Amer ica." last season.! j v The Southern Railway was contem plating erecting a cotton compress here, but it is understood tbtt it win oe located at Norfolk, A large platform is being constructed here. j Chairmen Manly and Aver have ar ranged the dates and places for the joint canvajs between; Mcstrs. Watson and Guthrie. Tbey are mostly tbe appoint ments originally arranged for Cy. B. Watson. . ! F. I. L. L AKNIYESSART Celebrated by Target Practise and ' Dinner at the Company Bhoettn Grounds at Cioia' Creek-The Frisia f . -and the Winners. Special Star Correspondence." Favettevillk. N. C, August 24; The Fayetteviile Independent Light In fantry company celebrated their one hundred and third anniversary this af- ternoon at the old shooting ground of r the company on the historic banks of Cross Creek, by serving refreshments and by target practice. Four ; prizes were offered. The contestants were di vided into four classes: CIais;s A, B and C. of the active members of tbe company, and tbe veterans.' The prize In Class A was won by Capt. E. L. Pemberton on a score of 23 out of a possible 25; the prize in Class B by C. B. Ledbetter, oo a score of 17; Class C. by Walter MacRae, on a score of 17r veterans' class, John G. Shaw, score 12 out of possible 15. ' The elec tion of officers was deferred until Mon day next. It was intended by the committee that the first prize should be a silver pitcher; and that only fourpriz;s should be of fered, but the wife of the Maior com manding a company has some rights that even a military committee has to respect; and hence availing herself of her privileges, the estimable wife of Major J. C. VanrPamended the pro gramme and decreed that the first prize should be a new accession to the com pany, a 16K-POund boy, which was awarded to Maior Vann, the famous best crack-shot marksman of the com pany. A special committee was selected by Major Vann himielf to deliver tbe prize, the otbets were delivered by Mr. W. H. Pops, a popular young attorney of the city. The prizes as awarded, ex clusive of the above, consisted of L, To class A, a handsome silver pitcher. To class B, a beautiful pistol. To class C. a handsome clock. To Veterans' class, a silver mounted walking cane. The old Independent company now numbers sixty-five members, rank and file, fully equipped and ready for service. H. EYE. Eleototftf Faaion. The Star has reliable information that the question by ; Democrats and Popu lists on the Presidential ticket in this State will be definitely decided one way or the other within ten days. The prop osition made by the State Democratic Executive Committee to the representa tives of the i Populists lis still open; but unless i an understanding is reached within' ten days the Dem- crats will make a straight fight all along the line, v la the present demoralized condition of the Republican and Popu list parties the Star has not believed that any sort of fusion was necessary to Democratic success in' North Carolina. We still feel that way. Bat,, whatever is to be done, it is gratifying to know that it will so soon be definitely deter mined. It is absDlutely certain that there will be no sort of fusion on State and Con gressional tickets. Hon. Charles B. Ay cock-will speak at Jacksonville, Onslow county, Wednesday, September 9th. j Absolutely Puro. A cream of tartar baking powder. Highest of all in leavenincstreno-rh -Latest i. United States Goner.. Food Report. ROYAL BAKING POWDER Co , New York.1 POLITICAL GtSS Pa05)EE8-i RALEIGH NEWS BUDGET. CAPT. MA80N . PAIGN' AT TO . BEGIN T,HE CAM HENDERSONVILLE. . Popnllats to Spsak at Wades bo ro Saturday Deolaie That . Oookery Will Support , Bryan and Wation Bepublioans Claim Asauranoea That He .1,. - Will Support ICeSinley. - Special Star Correspondence 1 f t J Raleigh. N. C, Aug. 25, ; Capt. T. W. Mason, the Democratic nominee for ' Lieutenant Governor, left to-day for Hendersonville, where he opens the campaign the latter part of the week. ' The opening of tbe Populist campaign at Wadesboro on the 29th will be a very interesting event. Maj. Guthrie, Col. Dockery and other nominees of the Pop- niiat nartv will be uresent. The speecb of Col. O. H. Dcckery wTTTbe very in teresting, because be will in all probabil ity declare himself upon national issues. The Republicans say they have his as surance that he will support McKinley, while tbe Pooulists laugb. Judge Russell and Senator Pritchard will speak nere in septemDer. A member of the Republican Con oressional Committee declares that Pat. Massey will not come down until after election day. V - Delightful rains visited Raleigh yes terday and last evening. While Raleigh and immediate vicinity have baa heavy rainfalls daring the past two weeks, some oarts of this section are suffering. - More rain will be hurtful here now. Chairman Manly returned from Win ston yesterday afternoon. He speaks very cheerfully of Democratic success. The Republicans were in high glee over their endorsement of part ot tbe Popu list ticktt Richmond Peat son said af terwards that be saw the way clear for the first time In six months. But the question is asked since the Republicans appear so delighted, what aid they get out of their forced fusion with the Pop ulists. When this campaign is over the spublicans Will admit that tbey stulti fied themselves by their action in en dorsing the Populists. Watch the pre diction. -y f : j Special Star Telerram. Edward McKUsick, of Asheviue, is appointed chief marshal of the State Fair bv President Cameron. Chairman Holton, of the Republican Executive Committee, says this is : to be a campaign of "sound money" edu cation in North Carolina.- He says be has received no campaign funds, and ex pects none from outside tbe State, but will take ud a collection in the State. Tbe fact that Col. Dockery will speak with Guthrie at Wadesboro at tbe open' ing of the Populist campaign, is a token that he will support Bryan and Watson.1 Leading Populists here declare that be will, and it is so believed, j ' Governor Carr grants Frank Howard, of Cabarrus, who was i sentenced to be hanged on Friday for arson, a thirty days respite. Senators Pritchard and Howard re. fuse to sat whether Dcckery will be taken off the ticket if he supports Bryan and Watson. P. T. Massey, Republican nominee for Congress, has written his letter ot ac ceptar.ee. in which he declares for the Republican National platform and a continuance of fusion. THE WATCH RECOVERED. Mr. Vlannec Crete Hie Watoh The Thief ! Will Probably Be Captured. j The Goldsboro "Argyis has the follow. ing about the stolen satchel referred to in the Star a few days since ' "The following concerning the satchel that was stolen by a negro from Mrs. R A. Watts just as the excursion train was leaving Wilmington last Tuesday night was written by herself and explains tbe theft and recovery of the watch : j "Mr. Andrew Planner's watch, wh.ch is a fine, double-case, stem-winder and cost $75 at wholesale, and was in Mrs watts satcnei, when it was stolen on Tuesday nigbt last has been recovered in Wilmington. ' The main spring was oroxen and : it was being brought here to be repaired when it was stolen. Tbe negro was trying to sell it in Wilmington on Wednesday night. His watch was recovered, but the negro had gone to Raleigh but will be caught. The police are alter him. Flo rene Watts who occupied theseat with her mother on tbe cars had on a cold watch at the time of the robbery, but she sat next to the window, and her'swas not stolen. The cars were nearly three squares from the depot-when the negro entered tbe car and he was dressed like a car porter, blue coat and light cap, and no negroes being on the excursion he was taken for a porter and nobody no need him A Qaeer Affair. The following appears in the Record, a newspaper printed here in the inter ests of the colored people: f "We clin from a orivate letter received from Pine Bluff, Ark., the sad news that a white man living in Pike county- was Ont in bis orchard about three weeks ago cursing fjrod because of tbe drought While in tbe act be caught fire and has been burning ever since. He cannct die nor can anyone extinguish the fire. He cannot move from the spot but can talk to anyone wbo comes near him. Hun dreds from all over the. country are going out to see bim. "It's a terrible thing to fall into the bands of an angry God. i ''(From a letter to Rev. W. H. Bishoo frdm Rev. J. Lowe, P. E., Pine Bluff. Am." I The fellow who can; swallow that story must believe that the moon is f'made of green cheese." Star FIRST DISTRICT CONVENTION. Cel. w. a Xiueaa of Hyde Nominated Vow Ooogn Washington' Tobaooo Market. , Special Star Telegram. I WASHINGTON, N. C, August 25. Tbe Democratic Congressional Conven tlon tor the b irst District met he.e to day. obn H. Small, of ' Beaufort. was temporary chairman, and F. G. James, of Pitt.. permanent chairman Col. W. H. Lucas, of Hyde, was nomi nated for Congress by acclamation, and John H. Small, of Beaufort, for elector on tbe first ballot. - A resolution endorsing the action of the National ana state Conventions was adopted. The attendance upon the con vention was large and enthusiastic. Washington opened a tobacco market to-day with a twenty thousand pound break. A warehouse bas just been com pleted ! v How's This P i We offer One Hundred Dollars Re- waid for any case of Catarrh that .can not be cured by Hall's Catarrh Cure. I F. J. CHENEY & CO., Props. To- ledo, O. - a- -U- v i We, the undersigned, have known F. J Cheney for the last 15 years, and be lieve him perfectly honorable in all busi ness transactions and financially abler to carry out any obligation made by the nrm. Wcst&TruaXr Wholesale Druggists, Toieao. u. Walding. Kin nan & Marvin, Whole sale Druggists. Toledo. Ohio. Hall's Catarrh Core - is taken inter nally, acting directly upon the blood and mucous ' surfaces of the system Pricer 75c per bottle. Sold by all Druggists. Testimonials free. M'KINLEY'S ADDRESS TO THE NOTIFICATION COMMITTEE OF THE REPUBLICAN PARTY Tooobiog TJpon All the Important Planks in the Bepabllcan Platform Tbe BKoney . Qoestioa DiiCu ted Tariff Pre - t fii n toe Xicadiag laaue. ' s By Telegraph to the Morning Star. ' Canton, Ohio, August 26 MUj. McKinley gave his letter of ' acceptance to tbe Press Association this afternoon. having finished his last reading atd, re vision of it at 12 30 o'clock. The latter touches upon all of - tbe important planks in the Republican National plat form, but tbe first half of it is devoted to a discussion of the money question : Hon . John M. Thurston, and others. numbers of the Notification Committee of the Republican National Commit' Gkntlimen In pursuance of the pr. mise made to your committee,-when notibed ol my nomination as tbe Ke- publican candidate for President, I beg to submit this format acceptance or tnat high honor, and to consider in detail questions at issue in the pending cam- paign. ; ror tne nrst time since iooo, u ever before, there is presented to the American' people this year a clear end direct issue as to our , monetary system of vast importance in its effects, and upon the right settlement of which rests largely the financial honor, and prosperity of the country. It is- pro posed by one wing of the Democratic party, and its allies the Peoples and Silver parties, to inanguiate the free and unlimited coinage of silver by independ ent action on the part of the United States at a ratio of sixteen ounces of silver to one ouoce of gold. "The mere declaration of th s purpose is a mecace tn our financial ani industrial interests, and has already j, created- universal alarm. It involves great peril to the credit and business of the country, a peril so grave that conservative men everywhere are breaking, away from their old party associations and uniting with other patriotic citizens in emphatic protest against the platform of the Dem ocratic National convention as an as sbult upon the faith and honor ot the Government and tbe welfare or tne peo ple. We have had few questions in the lifetime of the Republic more serious than the one which is thus presented. The meaning of tbe coinage plans adopted at Chicago is that any one may nke a quantity of silver bullion now worth 53 cents to the mints of tbe United States, have it coined at tbe expense cf the Government, and receive for it a su ver dollar, which, shall be legal tender for tbe payment of all debts, public or private. The owner of tbe silver bunion would get the silver dollar. It .would be long to him and to nobed y e'ss. Other people would get it only by their labor, the products of their land, or something of value. Tbe bullion owner on the bas s of present values would receive the sil ver dollar for fifty three cents worth of silver, and other people would be re qaired to receive it as a full dollar in the payment ct debts. Tbe uoeronient would get nothing from the transaction. It would" bear tbe expense of coining the silver and tbe community would sutler lots by its use. These dollars, in the particulars I have named, are not the same as the dollars which would be issued under fiee coinage. Tbey would be the same in form, but d fferent in value. Tbe Goverment would have no part in the tiaosaction, except to coin the silver bui lion into dollars, it would share in no part of the profit. It would take upon itself no obligation. It would not put the dollars into circulation. It could only get them as any citizen would get them by giving something foe them It would deliver them to those woo de posited the si ver and its connection with the transaction would there end Such are the silver dollars which would be issued under free coinage of silver at a ratio of 16 to 1. Who would then maintain the parity ? What would keep them at par with gold ? There would be no obligation resting upon the Gov ernment to do it, and if there were It would be powerless to do it. The simple truth is we would be driven to a silver basis to silver monometallism, The se dollars, therefore. would stand upon their real value. If the free and unlimited coinage of silver at a ratio of s xteen ounces bt silver to one ounce of gold would, as some of its advocates assert, make fifty-three cents in silver worth one tundred cents and the silver dollar equal to the gold dollar, then we would have no cheaper money than now, and) it wou'd be no easier to get. But that such would be the resnlt is against reason and is contradicted by ex perience in all times and in all lands. It means tbe debasement cf ' our currency to the amount of the difference between the commercial and coin value of tbe silver dollar, which is ever chang ing, and the effect would be to reduce property values, entail financial loss, de stroy confidence,, impair the obligations ot existing contracts, further impover ish -the laborers and producers of tbe country, create a panic of unparalleled severity and inflict upon trade and com merce a deadly blow. Against any such. policy 1 am unalterably opposed. Chiefly by means of legislation during and since losv, there bas been put in circulation more than 624,000 000 of silver or its representative. This bas been done in tbe bonest effort to give to sil ver, if possible, the same bullion and coinage value and encourage the concur rent use of both gold and siver as money.' Prior to that time there had been less than nine millions of silver dollars coined in the entire history . of ' the United States, a period of eighty-nine years. This legislation secures tbe largest use of silver consistent with financial safety; and tbe pledge to maintain its parity with gold. We have to-day more silver than gold. This has been accomplished at times with great peril to the public credit. The so-called Sherman law sought to use all the silver product cf the United States for money at its mar ket value. From 1890 to 1893 the Gov ernment purchased 4 6000 000 ounces of silver a montn, or oft,uuu,uuu ounces a year. This was one-third' - of the product of the world and practically an oi tms country a pro duct. It was believed : by those who then and now f ivor free coinge . that such use of silver would advance its bullion value to its coinage value, but this expectation was not , realized, In a tew months, notwithstanding the nn precedented market for silver produced in the United States, the price ol silvar went down very ; rapidly, reaching a lower point than ever before. Then, upon tne recommendation ol President Cleveland; both political parties united in the repeal of the purchasing clause of me i anerman taw. we cannot with safety engage in lurther experiments in inis airecuon. ine Kepub ican party has not been ana is not now opposed to the use of silver money, as its record abundantly nows. uas cone au that could be done for its increased use. with safety and honor, by the United States acting apart from other Governments. There are those who think that it has already gone beyond the limit of financial pru dence.; Surely we can go no further and we must not permit false lights to lure us across the danger line. , Another issue of supreme importance is that of protection. The peril of free silver is a menace to be feared; we are already experiencing the effect of partial free trade. The one . must be averted; the other corrected. The Republican party is wedded to the doctrine of pro tection and was never more earnest in its support and advocacy than now. If argument were needed to strengthen iu devotion to the American system or in crease tbehold of ' that system on the party ana peopie.i n ' lesson and expeiience of the last thiee SSMth the startling and sudden change within the short period of eight months, - . ' - 2av Ian m n in InA from December, 18. to Augu, 1893, what has occurrea t i vohk. of ad- .itration. all branches of the Gov- .Mmfdt! pntrustea to tno Democratic party, which was committed against the mt.rtte nolicv that had prevailed un interruptedly for more than thirty-two years ana . urougut - uauiuinvu perity td the country, and firmly pledged to its complete overthrow and the sub- stitutiOn Oi a xarin iwr yi The change having been decreed by the elections in November its effects were at once anticipated and felt. , ; ' s Those wno asserr. mat. our picacui industrial and ; financial depression is the result of the gold standard have not read American history aright, lor been careful students of the events of recent years We neveri had greater prosperity in this country in every field of employ ment and industry than in tne ousy years '.or loou to lova, uunug an which time wis country wae uu basis and employed more gold money in its fiscal and business operations than ever before. - - . We had, too, a protective tann unoer which ample revenues were couectea for the Government, and ao accumulat ing surplus which was csnstantly ap plied to tne payment oi tne puont ucm, L?t us hold fast to that which we know is. " good. it j is j not . more iy we want ; what we want is to the money we already have at work. When money is employed men are employed. Both have always been steadily! and Remuneratively engaged during all the years ef protective tariff legislation. When those who have money lack confidence in the stability ol values and investments they will not part with their money. Business is stagnated the life-blood of -trade is checked and congested. We cannot re store public confidence by an act which would revolutionize all values, or an act whicb entails a deficiency in the public revenues.!. We cannot inspire confidence by advocating repudiation or practicing dishonesty. We cannot restore, confi dence either to the Treasury or to the people withqut a change in our pressnt tariff legislation. ; ; The Only measure of a general nature that affected the Treasury and the em ployment; of our people passed by the Fif y-third Congress , was the general tariff act, which did not receive the ap proval of the President. Whatever vir tues may be claimed for tbe acr, thers is confessedly one which it does not pos sess. It lacks the essential virtue of its creationthe raising of revenue-suffi cient to supply the needs of the Govern ment, j It has at no time provided enough revenue for such needs,, but it bas caused a constant debciency in the Treasury and a steady depletion in the earnings of fabor and land. It has con tributed to swell our national debt more than $262,000,000, a sum nearly as great as tbe debt ot trie uovernment from Washington to r Lincoln, including fell our foreign waist from the revolution to the rebellion, bince its passage work, has diminished.! prices., of agricultural products have fallen, confidence has been arrested and general demoralization is seen on every hand. I J We have either been sending too much: money out of the country or get ting too little in, or both. We have lost steadily in both directions. 1 Our foreign trade has been diminished and our do mestic trade has suffered i incalculable loss. Does not this suggest the cause of our present depression and indicate its remedy? Confidence, In home enter prises has already wholly disappeared Our shops are closed or running on half time at reduced wages and small profit if not actual lots. Our men at home are idle, and while they are idle men abroad are occupied in supplying us with goods. Oar unrivalled home market for the farmer has also greatly suffered because those Who constitute it the great army ot American wage earners - are without the work and wages they formerly had. If they cannot earn wages they cannot buy products. They cannot earn if thev have no employment, and when they do not earn the farmers' home market is lessened and impaired and tbe loss is felt by both producer and consumer. The loss of earning power alone in this country in the past three years Is suffi cient to have produced our ; unfortunate busines i situation. It our labor was well employed and employed at as remuner ative wages as in 1892, in a few months every farmer in the land would feel the glad change in the increased demand for bis products and jin the better pness which be would receive. It is not an increase in the volume of money which is the need of the time. but ah increase in! the volume of busi ness. I Not an increase of coin, but an increase of confidence. Not more coin age, but a more active use of the money coined. Not open mints for the un limited coinage of the silver ot tbe world, but open mills for the full and unrestricted labor! of American work in'gmen. The employment of our mints for tbe coinage of the silver of the world would not bring the ; necessaries and comforts of. life back to our people. This; will only come with the employment of the masses and such employment is certain to fol low the re-establishment ot a wise pro. tective poncy wnicn snau encourage manufacturing at home. Protection has lost none of its virtue and tmoortance. Tne first dutv of the Reoublican nartv. if restored to power in tbe country, will be the enactment ot a tariff law which will raise all tbe mqney necessary to con duct the Govern ment economically and honestly administered and so adjusted as to give preference to home manufac turers ana adequate protection to home labor' and 1 the home mar- set, i we are not ' committed to any Bpecial schedules or rates of duty, They , are and should i be always subject to change to meet; new condi tions. Uur duties should always be hih enough to measure tbe difference be tween the wages paid labor at home and in competing countries and to adc quately protect them in investment! and Ameri can enterprises. i " Our farmers nave; been hurt by the changes in tariff legislation as severely as our laborers and manufacturers, badlv as they have Buffered. The Republican platform wisely declares in favor of such encouragement to our sugar interests "as will lead to the production on Amer ican soil of all the sugar whicb the Araer leans use." It promises to our wool and woollen interesf'themost ample protec tion." a guaranty that ought to com mend itself, to every cat riot c citizen Never was a more grievous wrong done mc tarmers oi our country man tnat so unjustly inflicted during the past three year upoa the wool growers of America. Although among bur: most industrious and useful citizens, their interests have been practically destroyed and our woollen manufacturers involved in sim liar disaster. At no; time within the past thirty-six years and perhaps never during any previous period have so man of our woollen factories been sus pended as now. The! Republican party can be relied upon to correct these great wrongs if again entrusted with the con trol of Congress. - -;;;f-r.-:,i?-- Another declaration of the Republi can platform that has; my most cordial support, is that which favors reciprocity. The Splendid results, of the reciprocity arrangements that were made under au thority of the tariff law of 1890 are strik ing and suggestive. The briel period they were in force, in most- cases only three years, was not long enough to thoroughly test their great value, but sufficient was shown by the trial to con clusively demonstrate the importance a nd the wisdom of their adoption. The declaration of the platform touch ing foreign immigration is one of pecu liar importance at tbis time. hn nn- own laboring people ate in , such ereat distress. 1 am in hearty sympathy with Mo Crine "When you take Hood's tniJ n. .7, . toned, sugar-coated pills, wtich tear v 't nluAa' urn Tint In It. imv m.. .,. J0" afffn r T- .... ... .... itl?uu s j.a , 7 easy to operate. Is'trun I Hood's Pills, which are 1 np to date In every respect. 1 Safe, certain and sure. All druggists. 2Bc. c.i. Hood 4 n t .... . The only Pills to take with Hood's Sars u the present legislation restri&ine fn, eign immigration, and favor such .J" tension of the laws as will sfr,,,.:?" United States from invasion h ,Z ae based and criminal classes of th lu world. While we adhere to L policy under which out! cbuotry ha. ' !ii ,"? hi.. .i u '. "dS re- ous citizens who have arMH - wealth, progress and! power nf v.Le country, and while we 'welcome in : shores the well disposed and industtion. """'6' aa, wiiw kvuwiuuica uy nis ener gy and intelligence to the c mse of free government, j we want, no IrnmiRraou who do not seek our shores to beo m. citize s. We should permit none to par" ticipate in thejadvantages of our civiiiza- ' tion who do not empathize with aims and form of government. We should on our institutions indj profit by public disquiet and turmoil. Against such our gates must be tightly closed. - The declaration of the Renuhlir,-1 platform in favor cf ! the upbuildino nt our merchant marine has my hearty an. (jiuvai. ius tunny ih oiicnminating duties in favor of shipping, which nrr- vaucu iu iuc cdiiy years oi pur history should be again promptly adooted k Congress, and Vigorously supported un til out prestige and supremacy on the seasll is tuily attained.- Now that th American Navy is assomine a nositmn ' commeciurate with cur importance as a " nation, a policy; i am glad to observe, the Republican p atjorm strongly . en dorses, we must supplement it with a merchant marine that ! will give us tbe advantages in both our Coastwise and foreign trade, that we ought naturally and properly eniov. LSigned l r William McKinley. "JTlie Discovery Saved Ills Life. Mr. G. Callouette, Druggist. Beavers- ville, III., says: "To Dr. King's New Dis ccvery I owe my life, ! Was taken with La Grippe and tried all the physicians for miles about, but of no avail and was given up and told I could not live. Hav ing Dr. Kings New Discovery in my store I sent for a bottle ard began its use and from the first dose began to get bet- ter, and alter using three bottles was up and about again. It is worth its weight -in gold ;We won't keep store or house without it." Get a free trial at R. R. Bellamy Drug Store. I t r . A NEW YOKK FAILURE. Assiicn'ment of Hiltor, Haghea & Co.-L.t-.bllitics Estimated from One to One ' i and a Hlf Million Dollar,, . i By Telegraph to the Morning Star. New . York. August 20 Hilton. . Hughes & Co.,1 dry goods firm, aligned to-day. The following notice posted on the doors of the lonfia building. Broad way and Ninth and Tenth streets, occu pied by Hilton, Hughes & Co., attracted a lairge crowd on their way to business early this forenoon: ! "jHilton. Hughes & Co. have discon tinued business and made a general,: assignment, without preferences, to Geo. M. Wright. "All employes are? notified that their services are no longer required and ttrAi. tbey will be paid in lull to-day and in cluding this day. , "The store will remain closed until further notice. If the services ol any employes are needed . by the assignee they will be notified. - "Dated Aucust 28jth.'1 . 1 . -Hilton, Hughes & Co. "George M. WriJcht." y The business for the firm was estab lished by tbe late AT. Stewart in 1823. Some time fcf er Stewart's death in 1876, the firm name was changed toE. A Deii ning & Co. and so continued until five years ago. Upon Pennine's death; at thai time, tbe film nime wss again charged,' tx Judge jHilton becoming se nior partner and the) business being con. jtinued under the present firm name. The liabilities are estimated all the way from 'one million to one million and a half dollars. In March last, the firm,' according to Bradsfreets, claimed assets of $3,863,000, and liabilities oi $1,230, 0CO, leaving net assets cfS2.lS3.00U. '. It is believed that all the merchandise and general debts can be paid in full, c ut of the sale of the stock and the collec tion of the outstanding accounts. Tne bank paper is seouied and, of couise, all will be paid. Negotiations are pending for the sale of j the whole stqck, which, if; earned through, will result! ! in a settlement of the debts in a short time. 1 Merit Wins and that is why Hood's Sarsapai ilia holds the abid ing con fidence cf the public. Hood's Sarsaparilla is known by the curts it has made, the One True Blood Purifier. It is Hood's Pills core liver ills, constipa tion, jaundice, sick "beadache, bilious ness. 25c. : ""' i t A CHARLOTTE, SENSATION. Superintendent WellS.of tho C.,C. & A. B E , Cowhlded' by Conductor HofTmaD. ' :;!j 3y Telegraph to the Morning Star. . Charlotte, Augtfst 26 P. T. Wells, of the Charloite, Columbia & 'Aueusta Railway', was Cow hided here this after noon about S o'clock by Charles GHcff man, a well known conductor ol the same line. Hoffman had been told yes terday that Wells bad said that he snd th$ ticket agent at Fort Hill. S C. wanted to whack up on tickets, the lat ter sell! the tickets and lheformer not punch them. Wells, with several super intendents of dtvision and Manager Green bame to Charlotte this morning to r conduct a railroad examination. About 8 o'clock, ibife the "examination, was going on, Hoffman ' entered the room, and, after cursing Wells roundly; struck bim twice across the face with a Cowhide, and then slapped him in the face. Wells did not rise from his chair, nor did he say anything but deny hav ing made the accusation against Hoff man. The railroad taen present pulled Hoffman off Welis. Talk is rile anions: the railroad men of the affair. Hoff man has been a freight conductor on the road for six veard I . - - 1 . M Bneklen'i Arnica Faive. The Best SA!Lvk in the world lor Cuts. Bruises. I sAtmI. Ulcers. Salt Rheum. Fever Sores, .Tetter, Chapped Hands, Chilblain, Corns, and all Sk m Eruptions and positively cures Piles or no pay required; it is guaranteed to give perfect satisfaction or money re funded. Price 25 cents per box. Fc sale by R. R. Bellamy. t For Ovr Fifty Tears Mrs. Winslow's Soothing Syrup has been used fori overi fifty vesrs by mil lions of mothers for tibeir children while teething, with perfect success. I' sooths the child, i softens the gums, allays all pain; cures! wind colicand the best remedy fot) Diarrhoea. It wi relieve the poor! little sufferer Immedi ately. Sold by I druggists in every part of the world. Twenty five cents a bot tle. Be sure and ask for "Mrs. Wins low's Soothing j Syrup," and take no other kind. j- j r
The Weekly Star (Wilmington, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Aug. 28, 1896, edition 1
2
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