Newspapers / The Caucasian (Clinton, N.C.) / Nov. 17, 1892, edition 1 / Page 1
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f iV VYV THE CAUCASIAN H'UI.ISliEP KVKRY Tm KI'AV. MARION UlTLEK. Eaior an Pro. OA,y-LA5AAi-N-o . i . .,. i in , , .i - nr iw - ii n i " mj m ii on"' ..i m ' - "' ' " 1 11 ibiiiiii.i-i i in i.iN1.. . i iiii i-iiw ""'" - 1 llu- - i - J 1 u ' V' PURE DEMOCRACY AXD WHITE SUPREMACY. i T Titt I"; v v.. , - . slfisrlilBK'. Flio'vthi- i '!' T !')y(l"f D'ii;!ifraTi(lal?it t.iiu to".-'ul)8cribe. :o: 8u!.srtiti.ii Price $1.00 per year in " Tfcit.l.-..,,..., VOL. XI. CLINTON, X. 0., NOVEMBER 17, 18J2. ' r 4. Advance. ; ' " . A ; , " l . " " 'a ! 4. I I 1 4 'it -i -I 1 :.. A V BRIEF OPINIONS. ? How green v ou1l a man have t le to believe Unit millionaires would 4 support part lot; that makes the tarijt :i the- leading issue unless they got the I big end of the bargain. Kr. 1 The little fir. that has been il long smouldering at Homestead an mother manufacturing and miUtrjg renters u ii-A. extinguished. And, it never will h J ailojt a .-.j.ftt' iii until the ieoj!e y which millk) - aires can he prevfiite.l from rohbiug their enii)!'iye. Tojteka Adroatffi. i . ThU thin of aii.swei ing argument V" -fith e.s is urn? of the good old 3. conservative ways in Kansas and " Kaua j and Ceoria, one of the wavs s to keep up the credit and ood nanip r of the iStsiie. i'y tht? way did you ever laar of a pul.lic meetin? heinf disturbed by lVopk-'s party men, or ?cven boys of that persuasion? Kan-. ' as I'eople'a Tarty. J5.jb Iie; -o!i reported to have i ....:!. i.i I ..!: :., ,v....n,.r;1A,fP..i"- ( are calle.l iiiiant lnuusine.s, uuv, I nfL'T the.se infants' jret;to bo ix feet Jii'h audw-ar "No. V-J" boots itis about tune to Ui rocking thy Cjrii;" die, especially if th6 iijfant taiU yn if you stop riH.kiii he will get 6'ut of the eradl" and ki-k your head 02" Xatlomi! Wttt'-hinnn. "-' ' r'lvc.L.ni of t-p.'ic!i js- denied to an I American in the capital of tleorgfa': What kind of Democracy is this?, Tt I is an insult to every wealth produCjeH I who paid his iaxe.s to build the cap- ital. Our country people have beeu 4 denied the use of t!.u- capital to heap I their own man .--p. -ak. Their repre- ! ijentativcs havt- been iiisulted in their f own houser iior a) lowed to tpuak in I their own luihting. -Sim! hern Al'i- tiure Far in tr. The nostai em pays the rail haiilintr a mail car roaus .-.r'.i.-.o m r from New York to San Francisco, ''his car wouhl easily seat sixty Jeo ple, which wuui'.t tie, a little over five dollars a passenger across the con tinent ! This ?i(.)vs eomo of the things t'te future has in store for people when tiny begin to think what the ballot box is really for. Pomerov's Advance Thought. Corporations never die, have neith er tvjiiis .u: co.'.scieuc.e,' regard not Cy! !"i"u ?,1V n,!'' 'l1'! 'jl'ji'' ile" gregates of lirains, employ the' best talent to give them the right of way over all business and mankind, ride rough shod over all private business establishments, coiih-oj mJ iiqn, viicUuo t i.e poitv-y of InitK the I pld parties and disregard all law by I t:ontrul!iug tl-.e cm-rlr, tl'err.l.jv cur- ln-- iteolsioiis thai nutlirv all luw, Ilurtrfit-t. Ilumanitv l..s Ken threaeued throiigii hundreds of c mturivsjb)' pestilence costing million.' of victims. Science hns t vdd"d lis to trace the ;.tf.-; utirm ct i esuleueej auu It guye Ui the means to prevent nnd tntnp it out. But as huuniuitv is organized , upon the foolish plan of individual I ism, we continue falling the prey to 5 cholera and other terrible foes to hu I man life. individualism must go, I ia humanity wii) perish! Universal I brotherhood., scieniitieally organued, I ici i.ur own salvation. A way vith 1 the idiocy ol the past ! (ivc us the - 1 -i . ... H p.iia-.tsuveuUti t'.t' the uinvursai re- I jiiiblic of labor and fratertial reci I procity !---.!oiwiiai of the Knights of I Labor. M lt.el'i.ii: ! of the yo.! i. is the model rej)iiblic Fifty years ago she e;n confronting the oiud States to-day. .1 .... - ;v t.qnai to the emerg- faced ti;-. nro'.i po..r of tin Her patriots ency," and estalilished a government bark. 1 he 1 id he credit was print ed on nores. and these notes xvere loaned to the fanners on mortgages ruiiiii.ig thirty t;?rs ;t w portent t!iiesi. t ue 1'i.rrowcf to, pay oiie ttiirtxth .f i!:e prjt.ci)iil back an ntialiy, T'ue old mortgages were Uiken ::p. I'rosjicnty smiled upon the people. Sh v lock was banished ; usury ii.ipusjibV, and the little na tion y.nt upward and onward to its h:;ppy de.-tiny. National Economist. Yx s sin.pjy liuaisfrotis thaf cap ValisU aie alloneu to na couvjet I4 bor ; so njoaiuous that no self-re-sp'ieting comumnity could possibly tolerate it. Ketvthw the Kussian and German monarehs no men in the world are clothed with greater power than American railway magnates. .";icrs come to a j.ass where the . tio poiilc have W consider what is o be a0nc v.ith the railways. It is wposssjhw t(( ..u,JW ti)e 0yiieV.tS to jlo as' they ph,e. ' Traereil no goli) Uuu eAuept the. ptutmg forth by the state of its undoubted supreme au thority to exercise a rigid control under which the managers shall be quasi-state officials instead of private servants of GouId3 and Vanderbilts. Chicago &ittinelt STATE NEWS. MM OlJsGS OF OUR PEOPLE BlifEFLY AND PLAINLY TOLD. ijTf.tENiNG.s of THE Week Con DE.VSKD. 'ii-Tlio Yadkin Xeivx learns that it is till a mistake about Mr. A. Shugart, of Yadkin county, who was acci dentally shot by hU sweetheart, tn;ing dgad. He ia improving slowly. .The eleven-year old son of Mr. J. Dees was bitten by a mad dog last v-H-ek. 'Jle was taken U Charlotte and the mad stone applied, which fetuck totlte wound about two hours. --Motffoo Enquirer, . !lt ia said the Asheville Street Kali way (jam)iiy'ii force is contemplat ing a Strike unless they are better Tid. -Ithiettid also that the eom- 'mny oves several of its employeps 5I0O each. Froyremce runner. "John Noel, charged with the mur der oXJr'd. Jirown, pleaded not guilty i before tha f.'fii)nn court last week. The ense has bee 4 ponMnnt.l until next session ot court. The prisoner has been releasetl on $500 bond. Ashevjljp fjazelte. Williamson, a hpok ageut of Salem, was knocked from 'a' trestle one mile east of Winston, this morning and was instantly killed." He attempted, to cross the trestle in the face of an approaching train. Charlotte Xetcs. Creamery sfoci- is booming since large--orders Ijaye come fq.' tlip pro duce. The goods are to be placed as far South as Birmingham, in Lynch- lnii.fr titi ntlipr rptnoti nhies. The " ?" . t jtwlv holders iin eitlise4 oyer the Hie demand tot supplies. --Cnarlotte Observer. A severe Joss has befallen Messrs. Ilackbura & Willett in the destruc tion last wepk of their saw mill, box mm, ana leriiuzcr npn on ineir farm two and a half miles from the city.' The lire caught unflen)eath the milIf'ojit tjoui;. TJjjf h)$s was about .$5,000. Then was no insur ance whatever. New Berne Jo uracil. The hoisery mills at Scotland Neck and Kinston are receiving more more orders than they can fill, while simiUr mills are in course of erec tion 'A'arbprq and Inie. The Tarbqro potion ipijls madtj' a profit f 20 pe: cpnt for His pasr year, and hye iusj; d'liHT lHviilcil4 8 per wenf.m-Churlotte Observer. The Goldsboro Cotton Mill will soon start up on its fullest possible running capacity. Mr. L. T). Gully, its new owner, has secured the serv ices of one of the best cotton mill men in (.lie 'SJoutti as Its superintend cut, and at ap. early day the ma chinery wl bj set. :iji',J iji.it kept on runutng time. Coldsboro Argus. It is a pretty long tramp from Charlotte to Washington, but cither Mr. J. M. Creighton or Mr. Jasper Alexander, y ill tuke it after the election. Tpey vy'ere talking politics last week antt befqre "tljeV had narJ th(i lrtftitoiifa!h. tV Mev-rhind Is tktttt -MP: t-l-ejffhtan is to walk to to Washington, ff Harrisou wins Mr. Aloxauder is to take the tram). Charlotte Xews. Fifty masked men went to the jail in Alamance and took therefrom J. S. Sea well, the white man' against whom the r'nuu jtirv has' rettirped a true UlV"''iWh''ilMiW oV J. F. Mathews, a young merchant. Sea well wus taken a mile away, a r.opc placed around his neck, he was strung up, and a confession extorte strung up, and a confession extorted from him. Then he was taken back to jail. Ex. Ella, 12 year qlil daughter of Jno. A. Lyttle, residing qh South Main street, vv hi !e diistiiig a mantel on on day Ui,st week, knocked a box of dynamite, caps htp( exploding the caps, knocljmj g-jr.l iuwnt break ing v.indqyy .ne-i "and bursting a kettle uf water un the utovo. Por tions of the shells imbedded them selves in the girl's body, inflicting painful, though uot dangerous wounds. Asheville Democrat. About 2 o'clock yesterday after noon the dead body of Charles fisher Bvan was found in the barn of P. ii. Hancs, two 111 ih tiui'thwiisf af the city, I bv Juts, itussell, while hunt : ..1 . 'Pi. ..... u . .i. . i iug for eggs. There was a Mask of whiskey in his inside pocket and a 10 iosou vo oe that of U. F. Beavau, a' son of Mr. J. Bevan, Jeweler, of Wiustoi;, A. son of the latter went to the scene last night and identified the body as that of his brother. It was evident ly a case of suicide. Winston Cm, We see that the Centenary for Oc- Kingsbury Wi mington pqfu'ipu' likefpfr splendidly written and Is a deserved tribute to our esteemed contempor ary's chief Dr. Chas, L. Davis, of Morehead, was arrested last w eek ou the charge of setting "the fire which destroyed the fish houses in that place Sunday night. An ex amination ww held before Cicero Tjatrs.' J'. "P." of Beaufort and circum stantial evidence beiug strong againat him he was bound over to 1 i I -f h..U t ir.:ur 1 hu nrrh fuiM ' .1. -.!. -V,,v v,- c-.y inf.i;'7. ii,;- li.; i-lliiil- I il T( Si III II M PS wilVniHh'IlL 14 TiSiV tTOlfl. 1- U5a ".... r....-..,.l ...Ji-V. - .:. .... I.: ' .L;-;! "J.n. I of ::ic i:-.i-.-ner. sit nil? sin.l wbctv bf ! Tin 1 OM O.'ifl OOO nt ilvpr and 1 COttOU. When priCCa "VK iuii'iiu uic 1 1 H 11 t -v in I l'l1i'. t'l.'It 1113 11 Cx M.,- -x r - - i - r - liloii.l. i tluit it u-!ia ilifli..M in .!;.. ii i .,..e if -' ti f, .1' jv-r t ' issr. mv in-l bilk atio.it iv.i'land bein-r iibJ-i to ! oiiDer in circulation, is not ir.onev I to ! cents tor milling,; ife ft. tin.lv'lui ...-.,' " i .'......,! l .f.i i. . o- ii-ofo J-fAJTp -V.'f.. ii t hv:ilf. in'.i-v!i fi,;M,-:. i:i! ks ;l- i r.-cei rubli for all dht miblin and her our boutliern deserintion it. u-sia siimv.JA.I lu i ". . .,i ... , . .. .,'.'.vi .Tt.flJ i'rA-.n l on h hu is out famiiia.- with :i!l the i niivate. but the (iovernnieut's obli- ! planters, believing this the talented ctlitor of the ! with ab uitt third ofctrsren.t Xj'smirer'nna also a two 1 suiok or ninic-f?- TF"B -' - . - ' nis 'iife. jt is! ''Ml. ituW'e 5ecre- first he plead -tuilty,on the second wheme.tUttkB Not fimltv" but. Hp prn,in..LnpRilvPr.haijwd.the Eanetiou of resulted as we stated at the begin ning in his being bound, over to the next term of Carteret Superior con rt Mr.4)avis is a native of Morehead. ly"ewbw:ne Journal J J '-"' - .luuiiuutlU I THE mVE8r(3UfiSf0. ' ' - f -,.-. ,-. . FA fj LAC I EH . I)F- TJftJ:, A Wl' - MEXTS- AGUXH'i.EIlEEi S1L YEliEXPm&D. ' '.-4.sL lLUE COM) AM) -S TI I K D KM ONT.T It ATiy NI N IQ- By DiiiiAsiNO Sitv.u; tnij I'Golo r:.y. ' Bros" Seek to C n t ua ot . h h CTRHKNCY AJi1 iNOliKAiSKH-; -THE PUHCHA.IKd IVW-H 4 , of.Goli). ;; :, 'K-,,,, , f fario-uij-eteitt?j'- ofci. jatw!. trfpcjtfiiV Among the fapiyuij- (Jongress, instigated trers at the cxpenKe of'tweahfrVjjro- d uce re.- to increase the vaiaeT&f",g0h3; by depreciating ths; jaluvOtilfer iormsot property, ajiu-; WStfliSv.jinu of labor, "none wadiore.uitiastibe and iniquitous than the. demoit:t-' tion of Silver in 'H.-TKiwtjfet--fal protest iij'gt tM.ftctioii. .-e'S'tj strong that tliQ. nEeoi-JSihjrntiTfrinev - . - ....... e c , . was partially restored' Wthi t'jpited d6n I am i'oinage act of .- ;JhVM!eL)siou Qf. t party (lernandcd thai. .t,:.tir,iiUf je- .4 stored tiy tree and uuUmik'd )tH,kHige. ...lie utiun auu iiivuvjr m iyi Oil the other hand, are: t-rrtiiuulL en deavoringio f urtherTestmt -ilw-jjres ent coinage und'if)ptbf'!ih)i; ih entire demonU'ttoil'.CSiV f Speaking on this.,, s.bjecf;bfo?e the Senate'' JauailD,. lffiL'Hi' tor - Teller, 'LxrSecj:eui:y. fg jtje Treasury, says: - y .u 's' "Without a snfBcieTifc'aiiioiiirf &-of Vithout a. snfBcientanfcJttfiiJ vt money with wnic.h'to . -vT$fiws$ the efcer&ies of the i.jop;li--are?2iw- presseu. Jiouey scarcity niea times and low wageft,-..or iio."wji'AtT all. The persons who- tlidiiv from searcity'are money lei:dii,,3; discounters and pawn broke' is!- it tnjim per currency, based o:;rrhegeTielrV. t lie continued:! "1 .heTtk-uoiC aifef?S; of paper money .issuea is MS'rfr 000, more than wholel'atnio.isiu; ...1 (T .. .. -L Al . .4 4. .-..-.....i ...... ..1 7 ...111. ..... i f ' I 1 . 1 Tl 1 .. 1 Mr. Teller presented lMM,4-Umv Tk iudvYjin'ivo- 'iiinlr, at which anv furtheV! !t ls tho rst btisincp that then tablehovyiiig ile cJii'i,e'5i.tfo lead to deprecia-if'0111 nV " 'that Utdy- , lu Kt of the wuihl. . JJe illillflSt' -tft? tWS-oiimf iff- interests of' British ; Uou Mow pai in gold, which tW, -irrauce to our people will be and silver iKid been, found jujM govern men t ; bo manifested bp a ;;;&. ium on that ,,ar;,a'lv reujm-uuwheu it u stated tocan-youthebusiue::sof-fch9l-11 sTlver oiu-inv.tal 1 ' ' , r., , Ur , and all i-aiti,-,,,., hstv,-. rpKiii-UtfLiLki ditice. Lu'tl stllonlv rnivV 'raVlv b. e.J 'We are now canvin- .:Ufi.o00.- fe0k' i'M-iaM' 0 bales of futures the . v - r"r r -v- ci r-, - . r . - i r ,1 ,- . ---- I " t J rs t ' 7 I either gold or silver- - If iKca ? a-iTfWISvlljtivi V the linauciul Dart of it. ; and silver oijiiibHjeHHivb ''teui 1 . : i . . . 1 . - i" .i insufiiyient' to e-ai't-y 61 th&Wi trade, whai reasbh'-S 'tht-refdr- posing tiiat gold "aloYi'e -ri Ha suiucientr "Wii-u yi faculty of silver cnasmg liowwef fitting the holder mov.Litttrv and bvn:'t.ni6riiic-ii4ti because;tlie principal ati'Tlivrei-jniyf these obligations .remain tof MdJ with but one-half the. nioheylii; istence that existed wnei; ths? were c-ir.ticted. The holoejigC these obligations ' constitute igi'eat - 4:. i.T?jrjrnie nature neeu oe tvpecfeo. cuju, laaeccj uesu:oyCtli$! JIiVTriHhat-gathering. 1 -VU fur dt't-e uud taxes the ganu- vou inceaMtrsO ii. 1 gIU, ami is redeemed in gold and powerful clasar yftul't thu and they wu't pTlYer .'''le'mrirHiF-Bt.H3 "hI Ue: cre;ise lu thd purehasuig power ot gold. They have raised .thtj ciy.t hat' gold will leave the country it we do not suspend: silver , Coituief They raised the same cry; aganist Fiie.pas sage of the silver coinage a'Ct p lijT?. We were then fold , that '"t United States vyquld r'fiojiiR f. psjiory of all ihe liVei'in tht W4rld; tli'tjsy e would lose all our gold, ; woui.pse our national credit,1 and wpuJaj be unable to sell our bonds.-; -:i Vlfnat-wa.s our .financial couditim'i tbaft ,tHne and what is it todav; v I -A Mr. Teller s'lUmTuVa exrhasfive statistics. 'show in": that under the .......... r, ... t Vi. .v., ;,il?r?f country did not lose gold, hit accu-f mulated gold at a rai'mpwedented in history; that ony uationiM a'Eotes ncreaset! xi value-, oyr biyi d-.c were never in gmilepde-iuaiuT that no injury was wrong hPrbanks, as httd beeu claimed, ' but" thAt there was an increase Iii- the;, the country,; as.. n.w.holev:- c&ipartid. with the ueriod of demouiti nation.. - The stoppage of silver -w'tiage would be en.uiyaent To:fUyig :bjo-, 000..(iodly ;t"iiTvJ4t i.vf; jxlbt. It Mould add from'" twenty: .yo thirty; ikv cent, to ever' doibr of :acbt m the land on amount, al most", too 1 great for computation, llbfe creditor. :,,!) , uo.eia J cjiviilatis. The n.eviepili -be u lake tcuM the.siiverdari'rrei;dy I ruined t heir- Sai tetiiJiir Va46&;-t'Uus eifecting a iciucfeion-" awjunsting- to $502,000,000 in the1 circttiatmg me- i daim over oue third of o.tV whole 1 circulation.' The "btr--iiicsss ' jjf. the to la1 done tarv of theToftohUiS tha the latorVferOTl- ""'"l:"'?11- from silveri&jiipi4t thVgeu tie man spnik; ifor4hft.jit.oyocl cor po ra t ion s and for. th? bfitfhQl ders and capitatrstgj-Hvit-rt uuiue.iapor iu" iiic The febOTmgKi-: -are, KvpII nware tllatt feit gi-eab-alepart- ' . ----vi.vx. - - . - .3 ment or oaitipy.ernmenr; - nas passeu ,,. h cmitrol 6?! bilik?;-bankers and inouved'ru?5w'er9'..i-IieVi""!kh.ow ... - - . -. . . 1 I tne . Areasiiry..i-'eLun tu"-""r . . J I - - -y-'--r-i ?, . t r '..i. ' -rw sR.Virtjhf : a. t r i r.,",-k..,.v-m a couvenuou-oi my-iiur uuao " uJi.,-of -o0 tirii.l pieciatiqn-oi-iilYeranhiS-. pres ' eifce among the lankera was care i fully telctrraphc l to all corners of i . I . t " '!! - ... . 'Is. i uif. eaniu 1 nut was ocueme w i frighten the jH-ople into the idea I tfiat silver coina-'- would brioir ruin i to our industries, and the Treasurer's I presence in that convention wa the i niot indefensible atUick that has jever been made on the credit of a go vera nit lit bv its owuf.Torn ot!i- cials." After pointing out how the book keeping of the Treasury Department had been changed, in order to. deceive Hie teople m the amount of money on hand, to cover the further reduc tion of the amount in circulatiou by its retention in the Government vaults. Mr. Teller concludes: '- "The trouble with theTreurv of filial ia that thev consult the'il - i - fon4 ban km and moue? lemled- riot the real business men of the country. Had our (?oTeTnment.of- h-dals execntl the biw of the hind T . ... - -v ? as they found them, there would have been no troulle about the il ier qnebtion. I do uot desiri? a forced circulation of silver, but I. do demand 'that- it be riveu an eoual it be given . 1 . . il . 1 H' l. . . ...if . iiiviicr w ii u kohi, rrueu mis is wiliiiiir to tbide the. dc- the c-j uni. eial world." THE SILTER QrESTIO.V. If it Canust he Adjusted Save ffcrpusU qiainUy.TiiCiv Wtl: toide iala'inUV. ' - ' Tr;t", i&V a'kq, Vtixh. -Atislria is now entering" oh a gold standard ."currency. . The blinks of LLag - aud,. France and . pe.rnaaiT',: mmafyhvmug- -.their . gotd, rerves. i-A ernti iHt: nniisu j-nipn.-.-piii;l;c pinion is directed towiird ; the clos- to tlie-'fre- v-iin-. ? sil Vwiv Ti'vlioi land's- Kast '1 udia- po'SsiqithV 'goriiiTieuf la? ai - y cloea ts nuiits to tree; silver 'igi;iat;k'ia ut a uxeu rate ol r . .... . .1 - 1 . mi9t'-d;':.ue-art5cle closes" with'eyiM notes, WA under the act of fcirriota'ftkm r.ni'.-Hradv-ti' t'n,.t; .rrtfe'e-'th of -; t ha sr-ii ' vu'-ws, atd tXi( f r.'-v , . , . 1 . 1 . .. . 1 1 "as corivctlv icpTeseiitin' jterdniou.' o'f those who"" wiil de - cm4 tlje actnin or the inru.onaHnor money, amounting to 1,0J,- iHawiM:V -jnf aiv,ts nothing of a down sjlver has been done, bv it Ke- mt little . it could do to break irnidkig Austria, it is tr'.;Cih in mov- lug" for J; gtuti standard, but shs is exCeedihgiv anxious to have the sil ver ma tier adj n sted so that t h,e o, metals sduiU circulate tid I'Y -."ide. bM uf Ji?1anu. Uermany are strength - enjnff their gold reserves; that is true becausG thev are afraid of what innv happen, especially the !uk of Eng land. Its President frankly savs there is not enough srold in th world to do this world's business and -the. ex-Chanceilor of tho Kx- cheqttfT, tiusc)eM, -said a year and a half ago, that the failure oi the 'Barings revealed the fact that except for the extratordinary ability j old-;;!:.-! Mltw-lAytiJ "ciiotfgh w ke.ep in mind, ha al- NV gold is demanded tor it. a . ofriuBi-:"-4'S li'o an'oran of 'the goblites. tortunately, thee demamK yet What little it could do tn Ih-mL- displayed by the president of the ! tCU V Maaucutf foolishness. Bank of England in that crfcx. j This is the exposition of the con cept his ability tw viiw Vrm-l-Vancci dition and wordings of the system and iixmi "IVitsia some ten millions in ivt Ul- b.v those 'vIl ho!tl "P t''lt gold the Bank of England would j hands in holy horror at the uier have been made bankrupt and the ! mention of inflation or an irre- commercial center of the world, y-o-! ylvUhje currency Here is the uh-moyx-d fronTLondfitl varnished confession that not a silrer A3 to, the India Uuri-eney Associa- co'u a tftnk not? a greenback tion, that same association is not ur silver certificate, is money. Not fairly reported. lu their demand ! withstanding the various laws to the they guve- the alternative that the j contrary, coinage acis, bank a,C:U, government shall place India cur- j legal tender acts, etc., laws passed rencyon a gold basis shall' do some-1 to deceive th$ people into the belief thfng to restore the rupee to its" old ; gOAernment was creating the value. It was the dem;nd yi that money neeled for the use of .the associat ion, and the trouble in' India, ! country notwithstanding these in addition to the ringing protest of ct we have no other money today a mighty f re? silver party in Eog-'JUg0- at' . )UlK K li;-J I'll OV III O LA. J. tfcl. u..- .,f, i r c.k.i mm, iiiiu caiiMm JjOiu oansoury j caueu; iu circuiauou, is, accoiuiuM a ad tJoscheis to agree to the confer- j to the financial policy of thU ouu ence; and that. Mr. Gladstone, just : try, a policy supported by both the j 0 coming ' into p acr. wit! all hi? i old political parties, nothing more11 -.!u..uStiS -uw mat - . - - p.e th- i : the government ii- nav! j.ruiv which os.f?c3 of that nvim in charge. We ! in gold. An absolutely irredeemable J futures largely and put up their haj! see hov -.rears India's de- currency, f ij;Ul iumilretl per cent of i margins. Then the process of mandeithertor the rest miiioiiuf silver' it pme inflation, " j gradual squeezing went on.. Prices tlie establishing of a gvid, standard ' In other words the credit ofthe!ere reduced and more margins in thtiTnnirv. ' J ' ' 'i.ntn-bu Wn nl!! and px ! Called for. This was repeated again fu the iiiutime. vatues nre de - creasing. In the meantime tne shre'-vde-t nnaueiei s cannot help bat notice that not only are values fall- j ing to the limit of endurance on the! part of the people, but to a point j where their securities-are no longer safe. Already around their- irs Is j ringinji th crv.' " iou have scaled : the money ot tue'Woria uown oue- half;, we-propose to "scale our debts down one-half." AV we. look upon it- Tr. m.-id stone is not. a bitr rClV i:i- w m.i,f ...,i... k:a on.aiyuc ?a uwa uivo.hm man to stand up mi Uf to mm the Itiqe which is sweeping m upon iug- l ..... I . . . u ....... 1 . h.-. ... r. 1 1 li t- rr ianu uu ucr ijcuie- num vt.j 1 , S- . . ;' '-' ..,..t,. , Hud tieisestW;iuglaudknoyv h'f tte w fffra.-.ta;.bi such wreck thef.rirfsh Empire ft a was never drrameaHlff before, nui r , .. 1 ., ,.i,i thev. dread-it more than thev wouiu - 4ireaiUatovex.vieliug war, THE NATIONS MONEY. Worts. INFLATED IKHEDlXa UlM: CI li. I c..' I I Lt l7 HI It.V - n II L I I 1 t f i r- : . y i ii MOntf. J future "liua- " Financiers' of $ part if-: agree; t'i.M' '4U -pVieuimraT p.ro thatthe materul liroliicritT of a -m Lb is country, which has people depeuds upon a stab cur - reuov, fuiiiwieui 111 Ywiume 10 rn- Oil tbu l..Tc Sr,0 3 .1 i .. j Tlic i''1 J jtaudard men, who hof ' C0UM' the finaucl pedwy of both j 51 eat parlies of Uh is (ountrv, allege that n monev. one dollar of which will not 1. L'tiv 30 3-16 yraiim of gold, is a stable fttrr-itiCy- At Oorumg to theni, to issue mc!iey up on any other basis 'would be "iuna tiou would be to impose uy-on the country an irredeemable cimucv which is their oec;lL;-. rjo. Ail! rit-ji'ts io nlatia tUk nmniiv vrcn ..r- on a basis' adequate to the v.eeds cf j rupt le.itiniutc tnuK- jnveime tho 'people has been met bv tt.ls shib-! :l la-'H c's ;us U lU- details Wletht ""woUi4ffi,.v J, ttUOT;'i!,r V''4 ii-iit.U3 -futui-e" business Uevnif ble ttfrfencv; it would he ruin-1 th r,'a"oa uh.v tJi,r -Iom, and ons. We tried it during the wr. I,rtr-t "ve iiot ruistl uui and want no More of it." i, Cuf ,.&.,. ,3.u,i ,.i in n.oveniney; tr;c 'amo'i'ii ii ac tual circulation' 13 msatiioient to tr-itisawt the business of the country. Yet the hard-money men tell us we cannot have mo.e. because tha amount at pyi- wuntaiHlnig is all tuuicuu ossibly be carried on a gold basis. A leading Democrat, Matt-hsTV Marshall. 'the -TVi-.ki.-t financial 'Viaw--r ot America.'' according to the -cw. ork Sun, in a recent note of 1 wariin against the issuance of moi 1 money, snyj ' Ai. ... 1 1 ...... .-. , . - . . .-. . m grwuuacixs. $i -Widiu la (duly, IsUy, If f;i,'j:j0,000 in natioaa! ' o.iiiK nots, auuaoout $-lJO,OU0,U(.'J ot silver certiiicates. represent ! dollars. 1 " i'V mass rs intrinsically infe- 000,000, is. at present at par with rarely maue. ana i Binall amount: 1 1 1 1 bi'tlbo fetock of gold in the treasury available for meeliug them, is nf run down to IllojOOlijCsOA and is likely to. tliwjnlsh honoeforth rather th.;u io When the currency now circulating in the West and Southwest auiou-r 1I13 far ' t . . . 1 m?rs ftIul planters corner LeK to the 1 center, as will by February 1st, re-enforced by additional coin notes, issued monthly under the. act of July, 1890, the" strain ou the treasury yyl htcoind srivater, and a ! v?Vy Slight iuei-euse of present ship- menu ai.roa.l wouiu compel a sus pension by the treasury of gold pay ments, with all the accompanying evils. . To encou rage further issues of paper money in. lb? f.vee of these . J. ill. C11IV1 UUU It CM, It 4 UlVLlV T 1 Iitt, ,'-t:.. r 57. : or itss man tne omiatious oi tne i i: ... : the government holds $115,000.000 ; hausted in holding up gold in thejasd again. Tho -weak buyers pnt ; mterest of Wall street, upon w uich J the country is absolutely dependent for the very gold upon which, under this system, both credit Mid money rests. Oa, "public debt is payable, rpiuoipat and iuterest, in goM, and our money is simuly an obligation to nay goliL of which there is not one nundretith part enough in existeucQ j to do the business of thd world, and t this TihepJutely oontrolled by the i ioon.,v miveur ' V.vpty dollar nf t.h people's money, uuder this vicious system, is based upon and coutrolled by Wall street gold. Bobbie (five vears old, whose bu siness it is to look after the. egg's for mama and who breaks all the rotten ones) me is a Demetat. ' Papa Why are yon goidg to be a j Democrat, Bobbie i . i Bobbie Tause 1 tan trow yotten t eggs- Haywcder. .i u-wr iv.t A . 4b:., i t.:nc? to th. tv tuv of t!i. fann; rs !t'ai t impor - of :hU statr, r.Mtlh .Mier.dlv. un.l octi Lai .v:t .-..liywl 2i!tfi..ii!tlic toudrnrr .-.f ik.. .!... .. our piibliK', I oleii ti r,tvi urti.ca li, u the ii. i ,. 1 1: i .. . . i- l?ir'u J,n.(0 a m,v--stWM and has . ...ta.cuia-.oe uanuge on tUe cotton growers of tlu- Sooth. il"u " ;i a ne unj are uiiccie! at the H'Her of "fntnr,v-'-the "short seller," as he iscjilled. wild dot tiU i n or have al-' 'rol f4 th? pro- J?.ncf h,J '' H IUU4t-tkc out a ;;X4. tti a nt tf If i,0ou. vearlv. nu..-t gue a bond of if4u,CH.0f and mu-t pay a tax of o cent jer pounU on all cotton and Co cent uashel on ail jrnon thai. i:v sells as 'f cturet." i ef.igr.ei to ettcrmnatc "fn- in"' gauiiiiing, but u-es tmt inter- 4"m l'i!'efisM-c,JuH lf Mt? pWi- ,iJty; u mm uiu. i w vr,e 01 ill. YV e nruliO? to assist iu supplying ihat information, and to mat end we invite the careful at tention of our renders to the ertrar vv hie i follows, tivV.i'ii finuhe priat- rc'4 tu(un? vt iestnnoiiy bfore tljc eonumitee on agriculture of the hoiifo of representative!-. The bill passed the hoUfG by it majority of four tj OUr it irs last session. . It would also have, passed the senate, but the future rings became greatly alarmed by the action of the nouse", and put forth nvmendous efforts against the j bill, w hich resulted in its postoone ! ..-... 1... 1. ..... ... i. 1 , jiiut ui ti.e teuaie unni owom past i;;s.soh, in direct CoiniH.lition with our crop of 11,000,000 bahti of actual cotton, and tl h-tions of future hoards prices y;t fwi'ted down 3 cents per. pound. The rings brokedowu futures tj Lent those who bought future, and at the same time tlv- LKke down the price of ftv-lUrtl cotton. Our seuators and lvpreseutatives, especially the former, must be made to know tfjHt the inter ests of our people jvvjutrethe destrnc tion of this nefarious gambling sys tem by piompt passage of the antl 0tion bill, tfe-ad caref ally this ex tract : ''The 'futareT business, so called, has certainly grown into an unspeak able injury to the cotton trade, and its eilect almost cou&Uutly has been to denress pi-ict-s below their natural lye. The cotton future business is JUL t'V UlHtlllHI k : I -..-V..l..U...I 1 . k s- V .... I . N ..... i 1-1. .V wwom-u m e.v 1 ui k, e j4ru controlled in New Vork, New Orleans ! aiia iverpooi, .xew lorK naying tne commanding intltience in this coun try. A ring or syndicate control it there, at.d make the prices which are posted on their boards, and these be ing wired all over the land decide the course of the market. They have control of all machinery of the busi nyga. The people of this country have naturally a strong speculative tendence, and not knowing how the future market is ' manipulated, aud thinking the chance3 equal for up ward or downward -changes, and be lieving all to be fair, many of them buy futures, because it takes less money to do so, and they thus avoid the expenses that attend carrying the cotton itself. When they buy they are required to put up $1 per bale margin in haudi ot the New York operator, and for every decline of "twenty one hundredths of a cent they must put up an additional $1 per bale ; then by pressing prices down they get immeuse sums accumulated in New York as margins. When such a prize is at . stake the New York rings never allow it to get away. Having such complete control of the machiuerv.tbey continue to depress 1 . - l . Hll-i 1 1 110011.411 lor additioual mar j or discouraged and sell out, losing all they have pnt up. ' r -i p .1 1 jui ii isuoiiuS muuiauuu or me eviis oi iueTiiinre uusiueos in " hod declined great num- nierchants and price too low ! f.i 'tt.n.i1. u ?. I i.iUii.t rnini pnllv 1 reasonably for improvement,- bought 'W two or turev margiu,au w ere men forced to give it tip but the stong- er buyers held on, feeling assured that the rower it now weut the more certaint." there was a big reaction So they continued to put up margins some as many aameysix and eight, as the decline went on. Memphis alone, as estimated by parties well in formed, has sent over f 1,000,000 to New York this w inter for margins on cotton futures.--The entire South, having the same faith in better prices, has done the same thing, and at this time there are doubtless $10,000,000, or more, held in' New York as mar gins on future deals still unclosed aud pending.; This is the prize now before the rings, and "they will move heaven and earth to capture it. This can only be done by deprcssir g prices ami sueeimg ouT the holders, and as the. rings' have f nil control of the fn- tnje boards thev continue tp squeeze i i. ' i .1 -" 'PV. no.iir allnor thjparket down. They neVer allow iocn la mmi.. tU. ... . .1- Imi vers ar Mittr.-i i J0fdted, and uiran. try The ri-snlt cannot Wdoiibf, i . - " " .u i. , -Them is i.o l.. . . . V. M ' . w cu nr AIM1. K-'tiL,,.!. ion civ.u M rry hortt and ih ifuoi tia fact led oar Si nf l rn popit not! other outM.h r. tobu- -I urn ui uatUit-", M hu COUM JVe all lik k . f emoneT for numiu M-iit into i; I on uuor pnc- U eaae ot a bet Urr crop. Merclu:; lawyers, doctora, niec!.Mtc, d tsiu'n- ""-" 'y:."ji urn, a nan-i uiki wemcd tu fear thcr u'-M not bv euaugh future to go round. The crop was short : but in Miit..kf It t!,.. inn.j aw..mI 1 I . . I 1 . rings, having dd futtm tu'ih -I wuuir couiury, , oiK t . t.qurc7e p;i"Jown and captuiclht immense pile of margimi that hiu beeuput up. By the htpth oil ihvv know ho well tiaw fcuiws aud in the 'act' of fjvctj that would naturally hay, put pricw up, they forced them down wniio 3 cents jer jouud, hud tbuscv(nrxed outvif tid. multttdd. buVvNAilaiiil.1 thev fncvtiou.oy tlle4l them and got their money. n itwi tins nau oeeu accomplish tl, and there was no longer any induce ment to depreKK nricei h. murkt acu-d rari.dlvWtUo extent of M,ui"i4 fWUpt?rpoor., and values reached eve which the conditions of liri tiuute supply and demand justified. That season it aas estiniaU-d by our best informed business men that the South alune lost not letis than $;h, 000,000 ou futures, all of which vunt mto the tuckets of the rings. It is trau ge that with biich enorniousgains in prospect, aud that too without a single lick of honest uoik.und with out a commensurate investment of capital or risk is it strange that the men who gather in this golden harv est of dishonest plunder should light vehemently against any and every effort made to stop or check the ne farious CllHlH'SS? "Dealing in futures is a terrible excrescence which has gradually and iiisiuiousiy lusteiied ltsclt on husiup com mere and commerce until it threatens de-j among ti i i m . ..... 1 . . ttruction ami death to all legitimate j Nt. N 1 trade on which' it is ingrafted. It! And v h ;i ;t gaiablin .hue of will be ditticult to exterminate it. the worst oi.i.-r ha- bn. i:. ;r.dtM The rings can afford to sp nd mil- j oa the hitimat. 1 ncl .n! ( . 1 no. 1 ." lions to preserve it, and will tise 111011-'.of the entire laud, ih u ntoial ey and influence to do so. New York ; i: in the va! c o: inir s! t I. 00- TtfTttns OU lU It is like a great devil - fish, with its horrihlo body lorat4-d there, and stretching its deadly ten tacles, covered with suckers, all over the land, exhausting the lifcblood of honest legitimate trade, and bringing poverty and ruin ou tens of thous ands of foolish leoplc who venture to touch it" Ex. SOME FACTS AUD Ql'EHIES, New lrk ('nrnir4 With Slonr j The South Depleted Whj h It FOOD KOtt THOUGHT. Let our farnur, and all ourrca-: ders, ponder well the facts and ques tions contained in the paper we here republish. They an . in deed, food for thought such thoughts as cause ' the blood to boil as we contemplate' the rapacity of a band of men in New York who have build up the scheme of "Fnt ure" dealing, under the guise of business, and enrich; themselves, not by honest work or business, but by grinding the hardj working farmer into the dust. Think of it! Nearly f 700,000,- TJD0 surplus unused capital glutting the banks of New lork on the 30th of last April; that could not be loaned at even 2 per cent, per an num; and at the same time our sonthern people, having just mar keted the largest cotton crop they tbey ever raised, yet stripped and destitnte of money and unable to borrow enough to assist them in starting another cropeveu at 8 to 10 per cent, interest Contrast the two pictures. 'Is there any relation be tween tbe depletion of the south ' and this vast increase of New York's pile?" Verily there is. We take the responsibility of answer ing that question. We see Ntw iork s increase of nearly 200.000, - 000 in less than 18 months. W e sec the south uraineu oi her mouev and presoed with the- tightest financial stringency ever known since the war and that, too, on the heels of two most abundant crop years. Aud we see this "Future" dealing business as the main connecting link for tran fering our wealth to New Yorkjj-inc f,f f. v ux rum, 0f i,,; ..u l bank vaulti It is as plain as the ) meat for tt ;f;; and children, w d! they tracks by which we follow the wolf : accvr,t such ancient 5-'pLitri s a- th. to his den. ' j.jntl cr repr.i-entaliou tln-v li 1 the "Letonr jieople raise speedily such ; rgbt lo exp.-ct from the men they a demand for the passage of the an-; jjaTe trusui aud honored vith seats ti-option bill as that our senators and; jn tj,js a-'gust Amcriran i'ongie? representatives will not dare to re-; w ;ji there be no day oi account fug? it Or it they do neglect it : w and M Uk-m.-nt for i--:-b i.ek-ct make them know that there will in-i0fheir-Mitcrests. Kx. deed be a "day of accounting andi . settlement between the plundered ' people and the unfaithful servants. ! . . .. . :t mfa comes op in the senate when it meets in December. There is no time to lose, 'ir at -ia oitvtnnnn hWnf xxew. iuta m. fwT V r7Im cotton i fatnres between Ijt P - 189r ''"ii !!t ?L2n. " reasonaoiy Uu fourths were sold to the south. Between 1st October and lst-A)tii futures for Angost delivery decliued in New York from 8 81 to 6.68 per pound, as shown by the New York Financial Chronicle. V ' I " The average loss to buyers of fit- turvs in l -.tl.T4 . li.. . I . 4 ; iil I' , . ? I fc I I ... 1 ' . tl kii.vo.of. . Th-I -, k t . i 1..I.!., . . iL. a t , . - if; b ! r a . . ' CI .' 1V.I . b,. . a ! -', !" i lvr., '!-... .,! li I tu i - i.u tn i i - i. Tin i.t'.i Ja.. . I tlo tl' 1 I' ll ll Is. j h: . I f Mi --.t ..'.rj ; i-l t t-.' . i ' . c:ri'u ; . t -1 i, !t...a b ut'-uet-s Tl;.- C ni.tnipul.u,d d peri Ml b. H ,, , , ing th- ha'iuM n, l it h "e an , - .'j., , . ', !. th-it , f ' ! .,- I pn t . ntu c f oin , II oe.'oiag R: v ... t V i i o. i. i.r I- rid. nee or i i . i '1 he.-c tipar:, are (..l.i.n "da.'tlin,., n:;t .... ! -i t.ti i i.e .1- tion. PerM'i.. in -., th ijt.., w hen.-yy ho Um-Jit i otur o I gambling ibals, . veu th.. ,; s , Stl.pivti Hot t In- di-ll'H A ,S. llC'i by u Inch prices at !h . !". .u- i hae thought ; i f '411. - f ' t , fair Jhe.M- may not be i-t.:,t1. .1 u it nor n,!" ie, h:iy Uctiou. Poit is no i.-! tnpat h on. -r ic pi- y 1 1 tcriial i;in 1 c .1 Ii; th ia!' .1 and -! !:' 1 all t I ! J.- no 1 .1 th ducer, le ctoi.f. ar. 1 ; .lii.ir and mini enr ;i,-lll" b'.Iil I'M.- alar f u-tfv '..ii-t'l'l'io; ;M0 oil 1 i" "to 1 1 11 1 t in: ji-k-.-s iha?" 1 h ' : ply an. I d.-'nao i lK- hoi he 'ou-i t;)l ' itll I'i i ..'ti tiu', t.O V. .at .VI' I, ! 0 :;cr, ia n i.-a w.-U ton. t . !) I "regulatiM" tower if cr -1 b, ( 'oii.-titui on for iu .iJiat.-ii i.; Wh u N.yv Yoi U.i,-, o! 1 n)0 tale of "bitii'.e, (o b iv. i ."Oil. m a! i tered all over t he h. . i r i 1 i t . . i waeii- ran it oe oouote l t n.il id r i interest and b-.ire h tv . use prices l.-fore t h ( nn'ra-t. ni ituii i' And uh"i. thv c-i..t.-d ail the ma him rv of ; ho.j. tun " pn and m puch !tron..' r. a-n-lower price-, I.! it b the tellers o'- a! tM t u- I ! a" for -u ant ing doubt- 1 thai "paper" ot- ton yviil do, and do event ! ' in their povv' r lo d-pn j.ric -'r And wj.'c'i tii- v hus hive th" dis-j).-ition aud the power to lo.ver prices, aud thtir inl.-n st all i in th: t uav to the evt.-nt of miilio:).-. h it. possible thai, any on can lmlulg.' Mich a stn tch of rr.'dality an to lieve they will not, and do not, pur posely depress price? If thetic gundilersin futures no il 1 keep their wntclnd burinerh p. tl ru-sclvet-, away and ajirt from osir b gitim.de trade, it would m;tu-r l i.t little to the ii rife nil public ho r huh-'; thev deceived ami defrauded i.rb other. But they have zenlv engn-ftet daringly and br.; their 6liij"ndo; itn riiii.o gambling scheme. with effects, on the very commerce of tli whole land, and interwove!! it in the trade of our great t.iple pnIcts, polluting the vein and artcricrf of commerce, p-ervcrtiog the longcslab lished customs of hal thy trade, re versing the great laws of g.ipph '..:! demand, aud by all thoe c in.ei against the welfare of the ia.id they have brought their guilty jnieticea within the comtitutioiia'l '-'ta.-p of Cougnss. And shall "onstiintional techni calities or any othT minor oj ;;..!j, i dc'.cr our ret'ie-'T.tativtTi Jrou right- 1 inir th,4 r,t y.r4rtl will uuth rc-Vnin"' at i-.fr nr citborti fiLTa- ers who have b.-eu '"oblxii of untold millions in tire d-pres'd values of their cotton and cotton land.-: or our Western farmers b have !--u n-b-beil in like d-gne in their graia iind meat? When their deal est riht- are at stake. aii-J it Pas come to t,c an Governmeats make ad m city, o'.ir g-.-.a- ien why should u t k-H1' wff '"':. of industry i motion, - Guridd said, cf : country, controls 11U industry aud commerce." It i. hi-h time for ihe people to sVak in utli tones that it i - j lut ,uy;.e j money is need aadho v t, j-r- ? u.MtcJ .,,)U. VuU will heel this call. linralist. It is not what it proprietors iay bht what Hood's Sarsaparilla does that tells ihe story of it merit Hood's Barsaparil la cures. ;i.-- r f V-;Si i " .!,- J- A ; t 4k. ... .-. i
The Caucasian (Clinton, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Nov. 17, 1892, edition 1
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