Newspapers / The Democratic Banner (Dunn, … / Aug. 26, 1896, edition 1 / Page 2
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T H E POUNTY UNION. DUNN, J&roeit Ccnntr, N. C 1 Jlnu a& tt postofiSce at luun, . C, M IKMu JdUi scatter. riPTKAir, Troprutor, A. M. W00DA1X, Editor. " TERES CF SU8SCRIPT10S. Three Month..:. . 25C-nf. Months-.... .......60 Cent. jtffeYear eni hy PajaUe in adr&i-ce. Dxnm, N. c, Ar.aL-srse isw.. .Bxyiif is malting friends for fre lUytr in Ifew ori State. Jf is style ajb4 Planners are rerj democratic and bij speeches ars tble argument for hi cause. . .- fIt ooinsje of silver will not give be man who does not worjc any more fnpney. ft will mafce it easier for the isao wbo dof work to obtain oonej; bat bo will hire to battle for it as be does now. Tbere is one great law tbat all men must observe if they ob tain mnpb of this world's good f Thou shall eat bread in the sweat pf thy face." A Tote for Bryan and Sewall is a rote for restoring to silver its former pie as tnonej and for a higher prioe for the products ofjabor. A vote for leftinley and Hobart is a vote for gold aa tbe onlj money and the re daction of tbe price of thaproduots of Jabor and tbe inoreas of the price of manufacture goods. Farmers and Wealth producers ponsider well, jour Interest and past jour yote for Bryan and Sewall and far tbe money of the prosperous times of our fathers, : Tbtc advocates of tbe gold standard pay tbat tbe JJnited States cannot coin silver free, as it 4oes go)d, and make be silver dellar worth as mupb as tbe gold dollar, because England ha? pnly tbe gold standard and lje is pur creditor. Tbe fact i that she is our creditor but we sell her many times Jt is' true that the sow r eg u a tee tbe priee of our cotton, and wheat but if we skoild say tkat silvr feau4 be repognisad as mosey, she would bo reeogniz. it, because she ponld bgy onr potton and wiJb ft, Fgre PJ Tflj ralue of the eptton exported frop tbe United States in 18Q6, amounted tp f 381, 885,823. . This amount baa been exceeded only pnce eiace-la 189; when the total value reubed029O.iIlS.8d8. fa 1866 tbe Tear after tbe war eotton was spare and tbe demand, M s; rea. 7p hid frac coisage pf gi)rer then, and pottos was J"gb M?nJ Was plentiful aotwith standing tbe war. The great bond Usues which fr. iaeoln made had flooded the poultry with money. Labor was well paid and was in rreat demand and happiness and prosperity reigped with our people. Put times bare cbapg?4 Tfith the years. Silvr bay teen denied its great funstion of tnonev and labor cannot find emnlnv- r 1 t J . ment and tbere is npw distress where r-nDpinjBHreignea. i i Tn arerage price of an ounoe of filter in 1872 was 1.32; the arerage prioe of a buhe of wheat for that year was $1-47; the cotton crop of that year told at an arerage of 19 3 cents per pound. The gold in a dollar was then worth 100 cents; the silver in a silter dollar was worth 102 cents in gold. Bemomber this was before the demonetisation pf silver. Then - you could hpy of a bqthel of wheat with tbe silver in a silver dollar or the gold in a gold dollar. Now you can buy pearly two bushels of wheat with the gold in a gold dollar; bet with the pilTfr in silver 4?lar you cn only pay about ope bujhel of wheat. Silver bM depreciated half and gold has ap preciated, to double its valqe as com pared with silver and farm products in 1872. What is the cause of this pbange ? The answer is legislation trains silver. the price of silver bM (Mined so baa the price of farm produpls. $very time silver has ta tea a risp pottpn and wheat have also risen. LvJ8pQ when silver went up fo $1.04 an ounce, after the passage pf the Sherman act authorising the purchase of 4.500.0Q0, ounces of silver per m.outh, wheat rose from $0 cents fcpis to 0 oenu per ppund. In ber was porp golcj in circulation thaa fqr years before or sinee. The bal)f p4 the cotton crop was paid for in gold. Wbert U it now? It is not boarded by the people. Ranker Morgan pfWall Street aatd kt h fyadieata was the on.lv ;n tbe (untrywbiph OTild Qbtalu the gold for the bcqdi which' ?rwidsqt Cleve and issued to replenUb h reserve faad of the treascry. lfis soswer rx f I! flfctr has oSe. r . i SOilE FACTS ABOUT CQlfiAGE , WORTH UEUEllBElitXQ. The amount of fine gold in a dollar i 23 2'4, and the . remainder copper alloy. Tbe amount of jilrer in the' dollar is 371 1 grajas, there being 41 J grains of eoppr alloy, making 412 grains. Under tbe first mintage act April y, 1712 halves, quarters, dime, and half dimes were coined, of full propor tionate weight; they were also full if gal tender. hj act February 21, 183, fraction al silver was educed, so that a dollar weighed grains. rJ.'no legal-ten-Usr quality wats then limited to 5. . The present subsidiary coin weigh the same, but the legal-tender quality had been raised to 10. A silver dollar with" 412 J grains contain 2 grains more silver than two half-uoiiars or four quarters. Siaee 1873 to June 30, 1890 mere has been coined of silver J430,70J,041 00 From 1792 to 1873 mere were coined, stiver dollars 8,031.238.00 From 1792 to )853 the amount of tuil weight fractional silver coined was 70,734,904 b'JL From 1853 to 1873 59,047.390 0 Total fractional silver coined from 1792 to 1873, or in eighty years 135,782,36.0.70 timce 187 there has been coined of subsidiary oiljct 85,894,779.40 Total 221,077,140 10 Frior to 1873 there was - ' coined, silver dollars 8,031,238 00 Subsidiary com 35,72,(50 70 Total slver coined ; jrior toJ87 143,15,593 70 In 17St) the double sUndard vu adopted, the unit of value being the Spanish palled (silver) dollar. JUtio was J to 15,25. Jn 170 we minted with frpe coin age at a ratio of to 15- In iSP3-Franee established the ra tio of 1 to 15. 181G -England abolished the doub le standard. 1834.-The. United gtatcs changed its ratio to 1 to 6-at which it iTUh srKns. Ad in ao doing the silver unit was retained and tht gold poii) rednoej., ; r " i.-aTurkey g?e4 ratio I to 15 JO 1847-Hoiland wept to silver stand ard and demoaetid gold. 1848.sSpais reduced its ratio from J to 15 77. The profit on the subtiduary eoin ts made by the government. The reason there were so few dol lars poiped prior to 1873 was beoacse silver was worth more in Europe than its coinage value in America. At the proportion of 16 to nilver was more valuable than gold, as European na tions coined at a ratio of 15 to 1. Act of June 0, 1879, made eubsid uary coin-a legal tender for $10. If we begin with 1821, it will be found that half dollars were coined to the amount of $1 ,752,477, and straight on dewn except in 1841, tbo coinage of these places amounted to from one to over seven and a half million a year, until 873, when for some mirac ulous reason they fell off to " 2.050, and kept down to less than 0,300. until 190; in 1891; 100.300 was coined. When we remember that change is always scarce and in demand and . that the goyernment makes a clear profit of over one-fourth on its subsiduary coin, one is apt to ask why it has been robbed for fourteen yeara out of the profit and the people incon venienced. The same loss has been made on the quarter dollars. There has been coined in the mints of the United States to June 3.0, 1 SOU: Gold .... .................. $1,814,092,253.00 Silver..... .... 60C,4G4,3 13.10 Minor...... ......... . 27,830,013.67 Total... 2,53336,044.77 f here are ten different ' kinds cf money in circulation: Gold coin (l'gal tender), silver standard dollars (legal tender unless otherwise stipulated in oon tract), subsidiary silver (legal ten der to $10), gold certificates, silver certificates, Treasury notes (aet July H, 890i same as silver). United States Qreenbaeks, (legal , tender, ex cept duties on imports and. interest on publiodsbt), Bttqnal bank, notes (not legal tender, bfct receivable for all puMio,dues eoept import duties, and can be used by Government in payment of all debts ceept interest on publio debt), nickel (legal Render 5c ), bronze (legal tender 25o . .is'- aa Ail oauoaai oanxs must receive tbe notes ot other national banks at tir. Outstasdieg tUvereertineates. 0331 259,500. Outstaadivg silver dcjlart. $iv2,;74.993. ; ;:" . These eertificates are represented by coined silrer dollars jn the Treas ury. The total amocnt of silver prae tmally in circulation June 30, J&9C, was J383.435.507 The act of July 14. 1800 tte Sherman law), directed the Treasurer to purchase silver bullion to the ag gregate of four and .a" balf million ounces, or ao much thereof as might ho offered, each month, at a market prjee, not exceeding 1 for 371 25 grains of pure silver and to issue in payment thereof Treasury notes of the United States, such notes to bo ra deemable bv the government on de mand, in coin, and to bo a legal ten der in payment of all debts, public and private, except when otherwise expressly stipulated in the contract. The act directed the Secretary of the Treasury to coin each month 2,000, 000 ounces of the silver bullion pur chased under the provision of the apt into standard silver dollars until the 1st day of July, 1891, and thereaster as muoh as might be necessary, to provide for tho redemption of the Treasury notes issued under the act. .Th8 seignorsge on tbe silver pur chased under Sherman law amounts to 5,553,560.77. This was the silver Congress passed a law to coin i?hich Pfpaident Cleveland vetoed. Had this silver been coined it could. have been used to redeem the coin cotes issued far its purchase. The amount of interest thus saved, at 3 per cent. would have been one and a half million a year, or in thirty, years Fcjity nyE Millies. It would be well for the people to recollect that this fifty odd millions of silver is lyjng idle in the Treasury and tbe people ba?c been taxed to pay for it. Yet, on behalf of 'the banks, Mr. Cleveland vetoed the bill to coin this idle bullion and thus lost forty fivo millions annually to the people. . TOO bECQLLETP FQR If. Li flung Chang, tho Viceroy of China, who is now on hie way from fjondon to the United States, expressed himself as well pleased with bis visit tofjnglahd. TA and his party were surprised at the Qustpms of tne nobility I of England and will nq doubt Hud that custom also in the United States. The heathen cf China , of which we Often speak in derUionr aa p"hahly set some of our people a lesion in the manner of dress. Oaeofthe members of Ji'a party expressed himself on the custom, of the ladies of England in regard to dress as follows : "I was muoh surprised at a resep tion given by an Eoglish nobleman to see ladies with uncovered shoulders, arms and necks. I was still iuore sur prised to see gentlemen take ladies' arms, becauee in China taking ladies' arms or even shaking hands is not done. I have been asked laany times why tho Chincso never wear gloves, whereas jn lagland it is the custom to cover tha hands with gloves id gen teel society; but it seems to mc so very strange to cover the hands and expose the arms and neck and breast. I feel that I woqld rather tbat tbe Chinese ladies did not wear gloves than that they should show their bare arms and chests." A REMEDY FOR FLIES ON CATTLE. Take ooal tar two parts and ooal oil and grease one part each and mix with a small amount of carbolic acid. Ao- ply with a oloth by moistening the hair and horns of the animal with the liquid. Jin the applications include feet and legs, and it will drivo every fly away, and one application will'last ten days or more in dry weather. Apply aa often as necessary and youi cows will be entirely eccure from flies of all kinds. Any" kind of old lard or grease can be used. Coal tar is the base of this remedy, and when too thick to spread well, use mpre ooal oil; when too thin to adhere well, use more ooal tar. Carbolic acid will cost about 50 or . CO cents in crystals by the pound, and every farmer should always keep it on hand, as it, in many uses, is indispensable, This remedy is equally effective as a lice extermi nator on poultry, and is used simply hy painting theides of the hennery and roosts and dropping boards with the liquid- For yoqng ohiekens sat urate a cloth and placs, ia the bottom of a box, and place the mother and young chickens in the box for an hour or ao. This recipe, says II F. Work, in the Drainage Journal, is equal' to SOT preparation in the market. Sei, eitUU American.. ' - Subscribe ur -J tig Uaiom. UNN HIGH VCEOOL, FOR MALE Xi C BROGDEIT, Ph B., Principal. Uui ver?ity of North Carolina.) . -.F-IRSTT SESSIOrJ.BEGINS SEPTEMBER 1ST., 1896. Ton arc again making preparations fcr-sending your boy or girl to a FIRST CI,ASS HIGH SCHOOL, and it is but natural that jyou desire to patronize tbat school whose chief aim is not ia the number of pupils enrolled 1 - but whose' supreme purpose fa ia thorough, practical and progressive 'work. As thoroughness without progress is thoroughness means but little, it is oar every department of the work. . It i3 not cnlj our intention to grades of High School work but. also sity or auy olhsT college in the State. The school is conveniently situated The building is cominodiously arranged and furnished with patent desks. Good board can be obtained in the town at from 7 to 8 dollars per , month. Tuition at reasonable ratc3. . Fur further particulars address, . Ao2.l-4t RT r-v. T- -1 A it 1 w ill j:--T3Tiear widit an , "ad" SeXt week. SISTERS TO Tns Batio Betwkkn Gold and Silvsr. Tun Meanixo . or Fbeb Coinaob. Mint Director Preston has made the following simple and comprehensive statement in regard to the coinage ratio between gold and silver in re sponse to, frequent inquiries on tbat point : ' All standard silver dollars coined by the mints of the United 8tates since thepafsage of the act of January 18, 1837, hao been coined i tbe ratio of 1 lo , 15,9884, generally calledfLof-if M 988 being-very yearly 14--8 ,-to Toh acourato results, tha former and not the latter figure musk bo used in oal- calation. Tbo ratio is obtained in this way? ! The silver dollar contains 371.25 grains of pure silver and the .gold dollar 23 22 grains of pure gold. If you divide 371 25 by 23 22 you will get the ratio of weight between a gold dollar and a silver dollar that is, 15 9S84- It is true that to be on a par with gold silver would (at our ratio) be worth 1. 2929, Tho reason is this: A gold dollar contains 23.22 grains cf pure gold. 4n an ounce, or 4S0 grains of gold, there are as many dollars as 23 22 is contained times in 480, or one ounce. If you divide 480 by 23 22 you get $20.67, the number ot dollars that can bo ooined out of &n ounce cf pure gold; in other words, the money equivalent of one ounce cf gold or of 15.&8S4 ounces of silver at the ratio of 1 to 15 9884. Now, if 15 98S4 onncos of silver be worth $20.67, ono ounoe will be worth 1.2929, as jou can prove by simple division. The same result is obtained by dividing 480 grains or one ounce of silver by 371.25, the number of grains of pure silver' in a standard silver dollar at the ratio of 1 to 15.98S4, Which gives 2929. . Sixteen ounces f pure silver will coin a little more than one ounce of gold; 15.9884 dunces of eilver will coin exactly the same amount of mon ey as cna ounce of gold that is 20 67. You can prove this by di viding 15.9884 . ounces by 37125 grains. Tbd operation is as follows: 15.9SS4, muitiplied by 480, divided by 371.25,' rqials 20 674. .It is not true that sixteen ounces of Bilver will coin only 16.80 at the ratio of 1 to 16. : As. will b'e seen above, one ounce of silver will coin 1.2929 Multiply ing gl.2929 by 16 gives 20:88 You can make the same result in en- other wav; IS ounces troy, or 7680 f grains, divided by 3(1 25, gives the number of silver dollars that can be coined out ot ounces of silver; 76SO divided by 371. 25r equals 20 68. Mr. Preston has also furnished an swers to the fallowing important cues tio'ns V ' " .' ..; 7 yirst-Yk1 '. ,eBi. tn fre coinage of silver 1 - . ' Answer Tbe right of individuals lOdepo.ir'Sundird silver in any TV " " - . .... AND FEMALE.- stagnation and as progress without determination to combine both in j give careful attention to tho different to fully prepare. pupils for the Uaivcr v " ia a healthy and 'progressive town. y . L. C. BRQGDEN. Dunn. K C. .1 i PI amount at the mints and have it coined into full legal tender coins. . Second What is j meant by the ratio of 16 to 1? j Answer The ratio in coinago of 16 to 1 means that eizteeD ounces cf purs silver coined shall have the same val ue as one ounce of pure gold coined, namely ,'20 67. Third What is meant by bimetal lism 1 , Answer The unlimited carnage pf both gold and silver, on private, ac count, into fall legal-tender coins. Fourth What is meant by single standard, gold or silver ? Answer That only oneraetal shall be coined on private aeeount into full legal-tender coins, and that oiHiTtb? favored metal shal 1 be coined without limit. JUE LAVQU OF A WOMAN. A woman has no natural graoe more bewitching than a sweet laugh. It is like the sound of flutes on tho water. It leaps from her heart in a clear, sparkling, rill, andthehtart that hears it feels as if bathed in the oool, exhil arating spring. Have you ever pur sued an unseen fugitive through the trees, led on by. her fairy laugh ? Now here, now there-Unow lost, now found? Some of us j have, and are still pursuing that wanderiDg voice. It may come t us, in tho midst of care or sorrow, or irksome business; and then we turn away, and listen, and bear it ringing through the room like a silver bell, with power to sctre away the ill spirits of the mind. How much wo owe to that sweet laugh 1 It turna-the proselof our life into poetrj ; it flings showers of sunshine over the darksome wood in which we arc trav eling; it touches, with light even our sleep, which is more the image of death, but gemmed with dream 3 that are tho shadows of immortality. tlx. NOTICE OF SALE UNDER MORT, CAGE. By virtue of th puwer and authority given by a certain Laud Iort;rare, ex ecuted by O. J. Spear ami wife Mary l Spoars to 8 A Salmon and by ,.sanr b A and assigned" to Salmon transferred Giiberr Jlros. S; Co , Which - is reconled in t!e "ollice of tbo Rpgister of Diied. for Harnett county, in Iloyk "F. No., 2," p:ie S5 etc,, the following property will bexpoed to ?a'eby public auction, viz: Certain pieces or tracts of land ly iji and beins ire Harnett coimiy, la Grove and Upper Little Jliver Town ."Jiina and described rfnd defined as fol- .lu'vs to wit: 1st tract j being, tho south ern half of a one hundred -acre 'suyVey ynd grant, Ij injj on .Juu!.er, Uruucli iu Grove Township, iidjoinuf'j the IauiLs of .Jacob McKay, Wn. bbaw, V li MeKar,J C E Turner and the Sandy ULxon tmct of twenty "acres," -containing' lift3"-Iour acres mure or less and; known as the lawyer place or Smith .place.- 2nd ti-act i -beina City acre survey or grant lying on Walker's Creek and Upper .-Little River u Uppier Little" River Township "a(ijoi..i:ig the lands of ilrA. D C McLean Miss Flont Canipbfdi -'and other, and known as the George ."McLcen place or tcttleasent. The tirst tract 'a cjii-ey-ed to O J Siear in 188? by J W .Smith and to hiai by C E Turner, Tiie'second tnict was conveyed to O J Spears by JI T Spears in IS32 and to -bim by (j E Turner. Place of u!e . at the Court House door-in Lillington. Tiniti of gu.& at 1 p. roM ou Monday S-jitenjber 7tn, 1S0Q. Terms of sale eab. - . - G iL&KHT B uos. & Co.. Asiinees. Robinsoj & UiDqooD, Auorircys. . - ! j:-22-4t. VAN fjb;D At ONCE Active agenu for. .each county: ' Exclusive control and norisi- Will clear V to' 25 hundred dollars a year. Eaciose stamp for full particulars or 5o for 01 sample Bi Bipids Elmeral Water Co ; Big lUj.ids. ilich . - . - GHTHIS H Hi ! Ill S Hi) 111 j H ll ill J - -. Our immense mer stock is now open and rec for inspection.- We have the LATEST 8TVLE3 ia all kind of D R ESS GOO D S From a FIVE CENT CALICO to to match. " ' It is impossible to enumerate store it tnli gire C3 pleasure to 6uuir HAHJOSORIEST lino of Dress Good3 ever exhibited This is a broad assertion bat subctantiatc cs. ... In connection with my" - j DHY CQQUB BEP ARTlVlEi '-, j -- MY " - :)-:,:. JILLINEIIY AND ' jpAXCY v Q.OGD3 JQF.PARTXE:; is now oomplete and am prepared to give you the latest novelties ia I,.' Mifscs' aud Children's : .;' . : : j j - H AJT$3 AN D l?p W K ETS. Silks for shirt waists and Dr sss Trimmings, i and Rihhons- " Our line df Swiss, Nainsook- and Hamburg EDab eries and Insertion, excels in beauty and quahty ; ever exhibited in Dunn." j We can giyeyou a good article m Slippers, Ho:: Corsets, Corset-waists, Gloves, Fans and m fact ct thing needed to complete a lady's wardrobe. 1 Call and examine our stock before purchasing elsewhere, and 7o f tea to please as to quality, qtnanttty 5di Y J ! wo0 X I k ! ! 1 ' g- 'POT hMLW i o Ia 33SUBSCRSB Tlie Ooiiiity TJiiion. . 'THE CXIVEIlSITy. ' ' . 3G Tesoliers, 531. Students. Tui tion $60. a year, Board 3. (Eight dollars) a month. 3 Full College Courses. 8 Brief Courses, Law School Medical School, Sunder Sehool for a.cMbcr. Ceholarshipa and loass for the needy, Address President Winston, Chspel Hill. N. C. It ...... Spring and Su the FINEST SILKS AND TElM&v j ths different styles but if yoa wilt visit wo j ONEAPj-r in Dunn. . i wo are willing for tho goods and j jr - - - ' " - and prices. i i i -. Save Your Mone; One box of Tutt's Pills many v dollars in electors They TAriIlsurely cureall di-: of the stoma.ch, liyor or be No Reckless Assen For sick headache 4yr malaria, constipation and jiisness, a million people en TUTT'S Liver P'.
The Democratic Banner (Dunn, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Aug. 26, 1896, edition 1
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