North Carolina Newspapers

I i i , ,. . ,. , , L , , . : r . . . . mmmammmmmmmmmmmmm P THE j ' ,' ; . . i - 1 "VI : ''"'"T.'TT"''' " ' 1 C?.' STATESMAN y 1 1 i : . . ! ' ..j.- . ' ". - if Nrr""TT-.-n r? ... .V- 'U'-L.;. .. V. Publtihcd every Saturday, In the Mc- Intyre Bonding Tenon" Street, ' ta iiri'i: vtlle, ' n. a One Tear, In a! ranee, - - - - $2.00 .... S lx Months, In advance, - - - -1.00 i j . .'ft POET IC "V, & TJiiocia XXnncI.r t. It if .1 ,. I .! .f , MRS. M. . A. KlltKU. , CItc til the hand that -will etrike a blow - i In the pen market-place; . r j IThlle the well-rouj0 blood from the " "PT hrart .. . Inflacies the answering fa.ee! ' lUther than that ljr, iea.Ithj hand " nutatia a blow In f!ia clvV ' ' " i y .! Xing. ' .;. - A fTixe and a deadly mark. The tale that the iaootlie-tonned tlan C r? derrr tdU ; , L . . Uhind her alr friend back. .TbU grows and grow m It onward goc TTlth thetoiind of themlirn click, clack The doubtful itory Mt afloat Bj ecret, daneroua bandf To rob a man of hi tunc or name, . ."JLr blow frota an ua.-ccn luuid. Glre tiM the open light of daj u TTIh the clear toa ihlnln; bright, .Slather than shadows grim and gray lQn the darker gloom of night: GItc nj a hand thai will deal a blow ," A a Hint may ctrike a park, 'TCather tlian that lyt etealtljy one That tlma a blow In the dark. t . A-ylncr -A.I! in tlio 1 1ot to rtTC In the Iudy grove, ;.,i.TVhen geotla xephyrf aro doaiing; ; . I lore to sit at the social board, Where buckwheat cake are wnoVIng; I love to gxze on the golden blar" 1 Where Sol the west U adorning; -Bat thU 1 loVe Ur beUcr than all i To He abed In the morning.; That poets should sing of the Joys of ' Spring I V . , - ? j , Is not In the IcaU snrprWng; , , Jlut I cannot couceive liow a man 1 should weave"" , A sonnet to early rising Though Franklin of old wa a sage, 1 am told, . - m I " , I cant go with him In sco rii Ing j .,The blUsfulECctKsln lheInndofdream While lying arc J In the morning. Jetthotse who chooe retire to snooze ,z )T?C thcfducU and the chicken are f And rub their eye when forced to rl-te4 'At enantlcleersdUmal crowing; j 'They tote the light of this gorgeom nigh t .hjlnd spend their days In yawning j .Till midnight damp Til burn the lamp .. And lie abed In the morning. r ' : ' "I Acouplo of floatbeat men on the Jdisaksippl river having made an cx- "''traofdlnary good speculation, corf " r eluded that while they were in Now ' Orleans tncy would go for- a firel cliiahouL IlaTing eaten the meal, they callel for their bill. The wait- cr in attendance misuntlerstood thetn "'and supposing that they wanted tlie l)Ul of fare laid it before them with tho wine lit uppermost. Whey, Bill! said Jerry, " licre' a hilll JMt loolc at it! Hero yon add ' tjji one siflc,1 HI add up tho other, ff nnd we'll see what tho things comes , to. So Bill added up the prices of 'I ynnts onone side of tho list and Jer ry added, them up on tho other, and they made tho sum total $584. Vh e w, Bitl," Kud Jerry, "that's , pretty nigh all weVrc got! what arc ? wo going to do about it?' , 1 1 "Wc can't pay that,' said Bill, "it 'ndcleanus right outl Tho waiter f aini here now; let's jump out o' the window and putH "No' sir-ce," said Jerry. Td never do such a mean "thing as that. JiCt's ... '" -Jm ani then go down stairs and shoot tlie landlord." ' I "l' icnDEH. "We regTct to learn " that Irf ardfficuhy -last Thumday e k venmgi at Snow Hill, a colored man, ; "Henry Dixoh by name, Struck Mr. ! Thomas 1tonjef white, on tho head with a dul; Inflicting a wound from which the latter died the following day. Our informant tate that Dix- " on mistook his victim for another person who had insulted him.- Mr. 1 loose had not quite reached middle age, is said tohaveboniea very good ' character, and leaves a family. A Minnesota jury lxas decided that barbers' work on Sunday is necessary labor. i ii . ii ii. ii . i - : - v l u -1 i M" -" r i i ..xi .:m o . i v i x v- i ii i i ii ii i i ' w . I v i .1 ii i i iv m I v i i i , . . . a rv i i . J! iOL . vi ' ky m -y-A I . ' ..." ... . I TTAT -i T7t A J i,vivnnTTTTT-n''nT, n. "oj i l- . V UJU JL. . JliJL JLJli V i-Li-LiJi, iN . .rJJN. 01,10X4. JNU. 32 - - ' .1 , , , , '..-.. - i . , , ' - r . j - ' - - . . j - T 1 - w . , 1 1 1 mmmmm From the Baltimore Herald. X-rettcrx- fi'om Olinr lot to, rsr. o. tYc sincerely trust this succinct and elaborate essay on the finances of the country, by Col. Johnson, of North Carolina, will be read by ev ery, ono now opposed to inflation. Charlotte, K. C., Jan. , 187L Hon. J. B. Gordon, U- S. Senator. Dear General T wavpltwul to receive, recently, your views ou tho causes of .our financial troubles," and their effects upon the country. In your opinions I fully coincide, and am gratified to see that you favor an increase of our circulating media. Further examination of tho sub ject confirms my .views, recently published in tlie Jialtimorc Herald that the want of moro money, cur rency, is the chief cause of our oft recurring pauics. These have oc curred moro frequently eiuoo con traction was commenced by Secreta ry McCullougb, and, as shown b Judge Kelley, carried to an extreme. Gobi and silver, or their, representa tive are governed in their price or use, like other property, by the law of supply and demand. It is tlie scarcity of currency that enables the banks In two-thirds of tlie Union at present, to charge from ono to two per centum per month for tlie useor loan of iu.: Before the war the average raU. of interest was less tlian seven per cent, per anuutn. , From the best sources of informa tion the banking capital of tho Uni on was, 'Sn 1F00, four hundred and twenty millions eight hundred aud twenty ihousand dollars, (d 420,820, 000.) Many of thec banks had the authority in their charters to isue three to one for every one paid in gold or silver, or "their equivalent. Kxcliangcon Xew York was regard ed as the equivalent. Then, thirteen years since with a population of a bont 30,000.000 only, when- every thing was at a gold valuation, and when the productions and values of property were more than twenty per centum less than now, these State banks could in safety' issue over $800,000,000 of circulation. The currency was then at par, in gold, and had greater purchasing capacity, while now it is depreciated ten per centum and necessarily requires that much more in addition to the twenty per centum now required on account of increased values and productions, making an aggregate of thirty per centum moro needed now than in 1800. If the States in 1860 required even $700,000,000, their commercial wants at present would amount to at least ana billion of dollars, when it is scarcely possible, under the pf o ent banking system, to have out at any one time- $000,000,000. According to Mr. Boutwell this whole amount of currency, legal tin ders and bank notes authorized at present is' about $700,000,000; from this deduct the bond limit to 90 per cent, anil the Government reserve of 15 percent., and the actual issue are greatly, reduced from the sura au thorized by Congress. The grott desideratum of the country is a lon ratc of interest lian money. Th s is cscutial to its development and prosperity. Before tho btc war of the State, under the State banks the j average rate of interest was from 6 t to 7 percent, per annum. In h-og- land and European countries, it ave rages about -I per cent, per annum. The greater the supply of money, based upon proper credit, the cheap, cror lower will be the rate of in- tercet for its use. Then let Con gress charter the "Banks of Ameri ca" on liberal principles, and on spe cie basis to invite coin trade into tlie country, with a capital of $100,000, 000 or more, and thus pave the way to a resumption of specie payments. Or let it issue three or four hundred millions additional of legal tenders redemption of that amount of in i - - - " 1 ' mi ii, ' ' j - - 1 Govcrnraent, bonds bearing interest Four hundred millions of legal ten ders without interest vill -Tcoecm about 350,000,000 of bonds,'. und save the Government annually. 21; 000,000 of gold mtercatJ. The effect of this would bo to materially .dimlflr ish the interest bearing debt, and np-. prcciate tjie value. of the bonds out standing as well as the credit of the Government. If r vor of Congress, then repeal the tax and let us have' our. banking by tho States in addition to the present na nonsi tank. juther plan will give more currency, which is the -urgent neireFsity of tho country, and thus reduce the present ruinous rates of tuittry prevailing all over the connt- ry, by means of sharing bhops, na tional bonds, and capitalists. Ko industry can prosper dependent upon the prevailing rates lor money. It has a , tendency to 'transfer, the pro perty and rewards due the toiling tnillionH to the few money changers. Tho country in in a partial, state of paralysis for the waut of a circulating media. Price decline, commerce become stagnate, and the producers aud merchants , loe thi i rewards of their, toil, and despair of ftupcosa.in their vslu KLruggUs to improve their condition, wUcm ovei onu-half of thoir capital in busiuc, hiw to Imj borrow ed at the present miiious, ratetf of in terest. ' , v. i -f . Iu Itortli und 5(ttlh i Carolina, we hid $2)f000,KH) -of-banking cspital chartervd lKVre the war. These bawki h id anthorlty to is6 ,hree Cot every one p1d m and hence o mid' sujqdy nt a.dy SOJ.OOtUWJO ; ot. curreiicy lt the iulwstnal pursuits. Nov tUoy m1y 1kre 544.V,4450 of lutinsl 'Vrnw: Ckpit.', Mid with tWo rw'serve- and rctrrcUoim iipwi thinr isuwi n C4trv-ly JurnIi tleo ml lUns ef turrosicy liis wnrtrant shows Hie gr? at destruction of nieane m tho SoMtlr. As -wKh .Korthsind S vh Caiolixa,o with mscny other State, exempting Kcv York, Penn sylvania aud the "Now KngVand State, wich havxj relativsly more tlmn their proportion of bank cap! taJ. TUe Government requiring a large rcvjnfu to be kept, and tho rato of interest paid by tho New York bank canning the currcooy to cen. tre there, as 'described in your Col umbus speech, with tho temptation to !oa it at high rate to w-iid spoo ulattveol jcets, contribute with the scarcity of K to produce the. panics. Tlieso generally ocer in Septem ber, when the money is needed in the Houth and Yst to move the CKton, grain and othor prodHotion. Then it cannot be controlled; the borrok-ers fall, the collaterals prove worthies' the hanks-totter. conG- j deuce is impaired depositor mako a run, a panic cimtes, suspensions tako place and the country sufTerS. ; I have the honor to remain, very truly yours, ' Wit. Joiixsok. it' rf.11?i tin Storm. "Authur, take this letter to your mother, and here is your weeks pay. You have a good mother," added Mr. Powell, looking intently into the lads ficc, x he took the missive with a polite '-Thank you, sir." , PiiAK Madam: Wc arc sorry to return your son Anthur .with this, but repeatedly, articles, and occasion ally money, have been missed from tho store. No one but ho could havo taken them. It is very trying, wo assure you, for wo had supposed him incapable of any 6ort of dishonesty ,1 Respectfully , . 1 H. Powell fc Co. Mrs. Howard pcrsued the note, and then, without looking up from her sewing, gently bade her, boy. re move and thoronghly, dry his over coat, whitened by the driving snow. She could not just then, look upon that young joyous face. He should not :owa breath of.-the soul suspi at zhould tro :to his Dillowun- C102j cone narr visit aeirm.., . , . . . ' -l , r :zt wn I : Yi Ho -Auther slept, hisi rnqther Vis. I tnb in xloxts hours in ul temato wn iaga by his bedside and it her ov. Tlie rcstrainti which sho'- Bad f - f r m ror rem'ov- t Toward daylighi tho storm subsid ed, and tlie" morning davncd' on fair day. The calm comforted her an when ;Arthur., fose "from the breakfast tablc,"8hesaid cheerfully: I, amgoingbnt this morning, dear, and! yon must remain at home Be a good mother. to brother and' sister, and if any work comes in remember carefully all particulars, but first run ont and sweep me a clean crossing through the fresh snow. ; Quickly .wrapping herself) she proceeded to th gate. She stood resting against it and gazed on the pure Hceno' the trees, the hedcres. the roofs of .buildings, every nook aud cre vice piled up with the glisten ing snow. But purer than all., was her son Arthur, in her eyes the fair est feature of the picture. His. clear eye was "not that of a then," and the mother's face beamed upon him with coufinding love,, At this moment Mr. Powell came toward raojher aud son. I,' Mrs. .Upward received : him .as calmly as she had the letter, . biding Arthur run to .Mrs. Ames, to old John's and to- ono or two - other chil dren' homes and sweep off .their 4 , r . j -. Mr. Powell wna full of regrets and apologies for the note sent on the previous evnirig. i .i AoeidewtaHy the real caJprit haA boen discovered; aud Arthur rally clearsd. - 'Tho firm wisli him back: They will increase his wagee, give him ev ery opportunity for improvement in short, they will atone if possible, for the eruerwroBg so hastily Jdohe. Mrs. uoward replied: Un one, and only one condition can he return, and that is, that neither he nor any of the clerk m your' employ ' word , of this auair.' I woult learn1 ono would not have him suffer the knowledge of this sus picion for worlds. I1 would hot have his self-respect injured 'J The next morning found Arthur in his accustoiuod place, and the pleas ure with which ho that evening com raunicated to his mother with delight and astonishment at a sudden in crease of salary, was without a shad ow of suspicion as, to, the cause. , . 'Years after, tho firm proposed re ceiving. Arthur kinto Jt and in re sponse to his glad thanks, Mr. Pow ell, placed his hand on his . shoulder, and said: t"Xo thanks, my, boy. .Thank your mother. . Only oq tho shining shore can. yon know, her worth," Chris tian Wtehbj. ;. .. , . dipsomania is cnaracierizea oy an ungovernable and unremitting crav ing for alcoholic drink. No influ eucc seems powerful enough to deter the subject of it from Indulging his desires. So 1 fearfully 'is he under the "control of this terrible impulse that he disregards every warning, and tlie most appalling instances of the consequences of drinking are wholly without effect. ' Medical men differ m opmion with rellerence to the. method of breaking off the habit of drinking splrituohs liquors. Some favor a gradual, others a sudden course Vino latter is best and saiest in most cases. " Tlie opinion is'now. advanced "by.thoso" who have given much attention to the subject that if alcoholic stimulant are entirely re moved, and sedatives arid tonics judi ciously administered, with a nutritive diet, there need be no fears as to the result upon the health. us of thef 'stain ' on his good ,t In the morning, she would . V . - -T. I . t- 16 tnsli Stilts ior Peach ,; Orchards TIio ! Early Uentrloo Peachuudtlio - CurcuIiOr . . . ? (American Firmer for January!) . .1 hope yoU: excuse the delay in re plying to your inquiries; it has been impossible" for me to i do so sooner, and I must be very brief now. ;The only-German salts that I have, used is the Muriato of Potash, imported by ?f r. Oudesluys; its effect on jiny o. i v.ii .entirely- ratlsfactory, particularly so when combined wth fine ground bone: six hundred pounds per acre of ihe latter with two him-1 drcd pounds of . the former applied separately; and1 the land harrowed immediately. " My , experience, W to the 'proper depth for planting fruit trees is, that they should be set about two inches deeper than they stood in the nurse ry, so that-when the earth settles a bout the tree, the roots may be at nearly the same depth as they were when the tree started its growth. . In regard to tho Horticulturist' comment on the curculio and iriy Beatrice peach trees, I would say, I have only a few huudred trees of that variety that were two years' old last spring; the rest all younger' bo .that I had no right to expect a single peach last season, as the trees .were not well grown at that time; .but in May,.whn I saw you, there , ,were some forty or 'fifty peaches on ? the trees,, .and I did - hopo to -ripen a sample to show you. That the; cur culio should destroy; these few Beat rice peaches, the same season that they did thousauds of bushels of or dinary varieties, orthe same farm,, I do not think should-be taken aa evi- denoe of mny particular. . love. of. the curculio for the Beatrice, peach; or au.e me to believe that it ' will be more injurious to this new peach tha to our old varieties; on the con trary, I believe they are no more lia ble than other varieties to attacks from all insects, or to injure, from frosts. The tree is - a ; fine grower, and I. feel, confident that I have not made a mistake in planting so many of them. V . Yours truly, t Edward Wilkin s. Riverside, Md., Dec 18, 1873. fThe reference in the above com munication from Col. Wilkin8, who is the largest peach grower in this country, and as we suppose . 'in the world, is to an 'Editorial Note" in the jrorticutturist for November to which we directed his attention. Basing its remark upon an extract from a letter of Col. W., published in the Farmer several months ago, Horticulturist said, as though it were an unusual thing for the, peach to be ... so attackod, . "It is now discovered that this new variety of peach ealry Beatrice concerning which fruit) growers anticipated rich "prospects, is considerably injured by the curcu lio. CoL Wilkins, of , Kent county, Md. says all his have fallen from the sting of the curculio. It wui be se en that that gentleman repudates the idna that, this new lavorite win suner 1 nnv m rro in thin Wav than our older any more in nnrti,- and It mav not be out of place here to repeat, what we have already noticed in our pages, that having sat- ;fio,l l.imRP.lf of the merits of this kwi. i hv fi-uitinsrit under class and ;r.n,Sn!nff-5fon the Mrrounds of r j t i Af- n;irw nf Halifax countv. N. C. T w , r I whn was tne nrsu io miruuuw auu r r a. i ,i i ..":; !orrplv in this countrv. so well satisfied was he of its value, that Col. AVilkins last spring planted t nn orchard of 15,000 trees ot Mc mrln variety. Eds. A. n - l : . Cincinnati is gou,g to hold a cat- show this winter, open tof every cat in this United States. . . Tho barber of the J oilet peniten tiary shaved thirty-two men in nine ty minutes recently. For the Philadelphia postoffice ninno will rnst nearlv firo' million nn d a habl IUC "'Uiiv " I 4V V W B V - mm - Tim- STATESMAN KATKS OY ADVERTISING : One Square, one time. - : 1.00 3.00 15.00 k0. one month, - it 44 six months, one year, - Yearly contracts with large advertisers made on very 'liberal terms. . The circulation of The Statesman at-present poo!, and Taplrily Increasing fully justines advertising hi iu columns The present condition of , the fi nances'of the nation Including both Government and individual affairs is such as to demand immediate in quiry ahd action of every spark; of true manhood.' As the result of, the Government's neglect, thus far to regulate .the vol ume and Jix the value of the . curren cy, doubt' has-been everywhere In troduced, IMrOUTANT HAILEOAD EX- TEr.rr.tsrs CRTrfej,T:pa nndalljthe In dustries of : the Country Parallr.c Production is greatly; dinunished, and as consnmption necessarily con tinues nearly as large ' as formerly, the poeple "are therefore "groAving poorer. Meantime the Government" is embarrassed 'and demanding in creased taxation, which wc are less than ever able to sustain!1 There is a remedy for all this, and it should be applied where the "diffi culty bean in. the currency. ,11 our legal tenders were made inter changeable, at "holder's -.opinion, with Government bonds bearing say 3.G5 per cent, interest, their value would be stable and" the volume" at all times conform io the needs jof the hour. With the limit of Uie greenback isuo - fixed at $400,000,000 and this privi lege of intercluingeability establish ed, all surplus coming into the Treas ury being used,, to , retire bonds now outstanding, which bear a higher rale of interest, no moro monetary torna does jvpuld sweep; over us, but in stead, the major portion of r the national 4ebt .would .soon be funded into bonds, bearing a low rate .of in-. terest, and then , taxation might bo materially, reduced, instead. of, in creased, as some now suggest. . Can you not abundantly afford to take hold and help 'carry , tho work forward? With proper co-operation we can remove the need of the pro posed additional tax on Tea, Coffee, transportation, , etc. 'including the restoration of the odious Stamp act. We append a form of Petition which we ask yon to copy ia duplicate, sad , after obtaining a few signature?, send one copy to the fcenator ani the other to the Representative of your choice. Wc have expended many thonsads of dollars in the ad vocacy of a properly adjusted cur rency, which is ' so .-much needed. The result is now manifesting, itself on every hand, and it is only a ques tionof time when the principle of interchangeability at holder's option of Government Bonds and green backs will be adopted. Having the foregoing in mind we trust yon will not only continue to patronize our publication, but, as opportunity may - . 1 A offer, you may also induce otners io do likewise. Why not set apart one fay to this matter? ew York Mercantile ' Journal Company, ' Wallace P. Groom, Vr est. To the Hon. Secretary of the Treas ury and U. S. Senate and House of Representatives : In view of the fact that the great monev centers of the country fre- nuently have an excess of currency, followed by scarcity and high rates of interest, and also tnat no rcucu.r tion has been offered for the Legal . r,r.- Tender Notes outstanding since ico-i , . r ii. The undersigned rcspecuuiiy it ouest the enactment oi ias uucu- nug vuc n-uvr : 4i, n t uni m j nil or rniitciiiuu these U. S. otes ty issuing tnereior at tho option of the holder Bonds of the -denomination ot u r. i u - SAND UULLAi anu iu, i-, said Bonds to be made, payanie on .- -r 1 m 1 . in I ha .s.'ua Jeffai itauu " - bear interest at some fixed rate;, say three and sixty-five hundredths 3.C5-1 00 pr, cent, per annum; And also that permission le grant ed to the National Banks to count said Bonds in the reserve required to be kept bylaw. A. 1. Mercantile Journal.