Newspapers / The Caucasian (Clinton, N.C.) / Nov. 8, 1894, edition 1 / Page 1
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CAUCASIAN t..r,.,.y Oirenlation and is htfc't-Library prtt-! 0r 4,0tV topi in :eki.y is - ' 'ii I ii . - . 1 MIILIO.V 10 TIES i xni. 71 JUll of silver vihIMIMIN TMK !( I 11 K 0n1 I'l I' I KIN. ir tin I :iic t;ri;i-r iim) l.itlior Or I in in ills Aititrt-H Mud 'if h l! II III 'I '' 'lll'l I ' i 'i I ' 'lull - III, I 'nih: I' 1 1;.' 'i'HTal diatn-i-s , t!:i. throughout (Mir : ii iiin e-.i-ted for so . ,i.,tj a iiicli will COIitilll!' . . ! ! girluiion is ij;t t( d :, ivi!;, too, u'l a i 'Mh.'i, it-s arc full to . Hid Ii' ii, in th-- iiat ural our prodmvr.-, anil i . ;.l lie enj. i inr to tin- full - .f their liar'1 and con l.i'oors it H'-frn.i to us has conn- for iiniteu ! in- part of tho.se who ere . .! i h of t he country. .-" i-livi' demands and piat ! prini.-iples of our .several i!:-nd pet forth our opinions (amis that have brought ' condition of things, ln . a.- the hading re pre.-en ta ! friends of all our orgtni.a . . r placi d one of the causes ! !'i!iulations of our beloved .: to the departure of our , meiii. from the wise bimetal ni( lal policy of Washsingtoti, - in and Jackson, and the sub ion then fore of the present metallic policy recommended iropt an money owners, and ad ed by their A merican ullit , we. 1 1 dt i signed ollicers ot iudiis .'ricultuial and commercial it ions, have thought it bear, f paiticu'ar time, to submit vim careful' consideration a ; -!.- of the legislation, n-.spect- t : ions metals, enacted ii' '. try since the found. il ion of '.eminent that you nay I'or yourselvi.s as to what ii oi such legislation was en ,!i the interest of the produc . .ii d what in the interest of the j.'-MoMcing classes, and as to : . j i -r or not, the shrewd loani- ! .- of our ti nances foresaw that , -alt, of t heir woi k would be !v help in the subjugation of people. Whatever llie obji ct. it is that before the dcnione tion of silver, and the enact nt of other lir.mcial hgilatioii ich our orMaiii '.e.i oiis couth in" "ii leashels of wheat, or o.",0() Mids oi cotton was tne annual . I:r our Congressmen and ?Seua- . while to-day, 10,ooo luuhels of .ii, or 1 00,000 pounds of cotton e' sullico. liefore demonvtiza ., .;."). no'j bushels of wheat, or v o pounds of cotton per year . paid the salary of the 1'resi- ': to-da he receives the epiiva ; : . f 1 oo,(joo bush ds of wheat, or hi nun nounds of cotton. Ann in . .-proportion it id with all other ; salaries aud incomes. 'A ,-ucli legislation just? Was i.oiicsi '? Ioes it not necessarily . w that the demoralization of the' ... : uoducing sections of the coun , through failure to procure rea for their nroducts. v i . : i-i-s the mauufacturmg sections accumulate excessive stocks, ami '.at, in consequence of a poor mar . T, hui.dreild of thousands of opera . , - .- r.- thrown out of euiploymenf, us robbing them of the power, even .' the low prices, to purchase the ccsiries of life ? Again, is it not obvious to every ie that the striking dowu of one uilf the world's volume of money nake the remaining half a compara bly easy matter for capitalists to ontrol ai.d uianijmlate, and that i . w tU. ., oilers, lO OUIUIU inonej iui hjc- iiii- iiase of their food supplies, are lac. d entirely at the mercy of the reign and American money sharks, i .. l. ,. ... f .-.i..t i I. rr tlin mi rrene v i ; 1 i , o v v. i ii 1 1 liijj v.v i,... w, , an force a panic or famine in money tMeir supreme will '1 W ould they be guil y of such a lime? We only say in reply, look ,t our present helpless condition. I .)es it not seem to you, in the light i- r .... I. ....... ii tint w lirj i n iie midst of plenty there is wide- -pread suffering and unhappiuess, there is considerable meat in the re frain from Wall street: "Dig on, ye oilers, dig; the legislative button hat we press will do the rest!" I I : K r 1 0 L'S-M ETA L LEGISLATION. The tirst coinage law enacted uti . r the Constitution, as recjunnend- ed by Hamilton, concurred in by ' lYerson, and approved by Washing -it,, provided for the free aud un united coinage oi both gold auu sn- r, the silver dollar containing 3711 ; ams of pure metal. In the mint laws were revis i.and the stutidard for both gold and :!er was made nine-teuths line that if, nine-tenths pure metal, and .iie part alloy, the number ot pure -;iver trrains to the dollar remaining unaltered, viz ; :3TU grains. This law established our present ra'.io of 1 to 1. lu August, 18G3, the public debt, which grew out of the war, reached its highest point. The debt, lesi cash in the Treasury, being $,7tj, io 1,UU0. This debt was not payable in gold. Mo bonds or other govern mental obligations were ever made soeciticallv payable in trold. The interest on the bonds was made pay able in coin, the greater portion of the principal of the original bonds in lawful money, aud the refunding LA I bonds. :i, c 'Hi: no gi.dd coin. b jf.-oni ct e-th.-r iivid or silver, j In Ibf.'j, the principal of the bonded debt was alio mad. in coiii. - - - - payable lii i7, the standard of coin was by the Iieiundiug Act nominated in the bond; that is to say, all obliga tions of the United .StaU-s w hen then U'eiareu payable m either gold or .-.iivt-j, oi tie-pres., ut ratio, at tl lion, not oi th" tond-hoiders bur of the peopY- of the United .States. All the acts pa se.l siiJCe the 'done r f the Civil War, it. will be observed, 'were in the ii.i. iest of ihe bond-holders, ami against that of the producers and toilt rs. Jutit renia'u.ed f r the year l-7:i t) witness tl e crowning blow of all. In that year, an innocent appearing bill, entitled "An Act revising the Laws i. lative u the Mint, As. -ay Of ficers, and Coinage of th- United oiittv, u.- euccessi u 1 1 v tniUiTLned tl :h oiire-is. Tiie bill piirporely omitted, from ti;.- list of coins to be minted, the si l.V 1- H IloLLA ii ly that clandestine act, of which the people and the people's represent atives were ignorant, and by the sub sequent act of lo74, adopting the llevised .Statutes, silver was demon etized and the world's volume of ult imate redemption money was reduced from about seven billions to three and one-half billions. Jo l.S7,s, after the discovery of the crime of 187-5, Congress passed what is known as the "Bla'id bill." This bill was vetoed by I'l evident llavec (John bherman being Secretary of the Treasury), and Congress passed the bill over the veto. The act of lb", s audtd to our volume of money, over ;'. 70,000,000 standard silver dol lars. In 1'J0, what is known as the "Sherman Act," was passed as a substitute for the "Bland Act" of L7$. This law further increased our volume ot money over 10,000,000. Under the Uland and Sherman Caws, over .";0O.00o,ooo, or about 7''.' per capita, weie added to our vol ume of money. As all relletting men are agreed that the present dis tress is due to a scarcity of money, we must leave it to the imagination is to w hat would now be our condi tion if the gold standard men had had their way, and our present in sullicient volume of money were half a billion dollars less. The Sherman bill was adding over tifty millions a year to the money of the country w hen in 189:3 its repeal was imperiously demanded by Iviro peau financiers through their Amer ican allies ; ami, although the peo ple's representatives made one ot the grandest tl't'ons evt-r witnessed in be half of the producers aud toilers of our couLtiy, yet the povvvir o-f the iiuantial institutions of Uurope was so great that our p-'opie were com piled to submit to temporary defeat. .Now the uiiestiou is: What do the tens of millions of victims in this country, to the diabolical gold- standard policy of Lombard and Wall streets, propose doing about i t r Submit to subjugation, or demand in no uncertain tones the immediate esioration of silver . as standard money.' No. tney win no longer submit to such injustice! And therefore we earnestly recommend the adoption of the following reso- ution: "We demand of the piesent Con gress the immediate return to the mouev of the coi stitutiou ad estab- lshed by our fathers, by restoring the free and unlimited coinage of both gold aud silver at the present ratio of 1U to 1, the coins ot both metals to be equally. full legal tender for all debts, public and private, as before the fraudulent demonetiza tion of silver in 1873. "We also condemn the increase- of the national debt in time of peace, and the use of interest-bearing bonds bonds at any time. ' Signed : J. K. SOYKEION, Grand Master Workman, Knights of Labor. Jxo. W. Haves, (irand Secretary aud Treasurer, Knights of Labor. SA MITEL CiOMl'EUS, President of the American Federa tion of Labor. Mariox Butler, President of the .National Farmers' Alliance aud Industrial Union. 11. II. T hen ok, Cen'l President, United Brother hood of Carpenters and Joiners of America. P. J. McGtjike, Cen'l Secretary, United Brotherhood of" Carpenters and Joiners oi America. P. M. Arthur, Chief of the United Brotherhood of Locomotive Engineers. C. A. Koinxsox", President of the Farmers' Mutual Benefit Asoociation. Frank P. Saege.nt, Grand Master of the Brotherhood of Locomotive Firemen. F. W. Arnold, Grand Secretary and Treasurer of the Brotherhood of Locomotive Firemen. Johk McBride, President of the United Wire Work ers of America. THE CZAR OF Kl'SSIA VK D. Alexander HI, Emperor of all Uussias, died at Lavidia, Nov. 1st. iie had been in declining health for several months and for the past four weeks bis condition grew rapidly worse till the end. lie was affected with a complication of diseases, his death resulting from kidney com plaint. The Czar is saccceded by the Czarawich, Nicholas II. It is believed the new ruler will keep all the alliances and the policy persued and mapped out by his father. I! it llt mym Ait A N,)ilC.i'!,1''i'H TOM WATSON T;QNAL S"os u3 the BINK'N j SYSTEM " N A THK rt.Ol'LK liOMil II VVK A FKMt istt rut: ii'iMiiiiii.ia it do. S-ii,iti.r IlaiiKotn Vntril liirlhiH luf inun,' Sjlm. Urail ami oVf H.vv It Work-. ItutKi.iii Kni -.i 1 lii- In ii h- Y,.l f(,rit. 1 People'- 1'iirty Paper, Aia!ita;j.) Some Mine ago w- w-re a.-kt-d b Cor.M-Spor.Ueiit to t-tllv W in ill tile -N'ati'-ii il Binks e-j.,ved a "picnic." Our f.'iei.d Cupt. K. M. a n thou v. of H aBhiniitun, (i., wriu-s us under dale of August j:J'h, that a Jianker of that citv takes 1-Ue with us and wa.'iti- a further reply. O'A'Tliir to I c. f n 1,1 I imu i... -. ,. i i i r t i tl-,. t thai our mail had "reatlv iiccunuilated, Captain Anthony's letler has been overlook'-d till now. As th'- enbji-ct is a most import ant one we will comply with the wishes of the Washington banker and be more elaborate m our expla nation of the picnic enjoyed by the National 1 Vc ii ks. 1. The money they invest in the Bonds escapes taxation, wh"ras if they were to invest it in land, mer chandise, cattle, or produce, it would have to pay its legitimate share of the expenses of government. 2. The interest and the principal paid to them from the taxe- of oilier citizens is paid in coin, instead of in paper money; and under the favor itism thus practiced by the govern? ment, this "Coin" is gradually coin ing to mean gold. The entire trend of legislation is in that direction. 3. The money invested in these Bonds assumes none of the risks of legitimate business. Contraction of currency only add-i to its value. The shrinkage of all other classes of prop erty serve but to enhance the ad vantage it enjoys. The Bond being, in etlVct, a national mortgage, every dollar's worth of property in the Union is pledged to its payment. The government, through its power, of taxation, is bound by the law of the contract to exhaust, if need be, every acre of land, every bale of cotton, every bolt of cloth, and every chaUle, rather than allow the bonds to go unpaid. Money invested in bonds escapes all the burdens of government, all the expenses of legislation, all the chances of trade, all the risks of tire and Hood. No panic affects it, uo riot dismantles it, no boycott or strike or lockout can touch a hair of its head. The met chant has to wcrk with hand and brain to win prosperity; the farmer has to toil from sun to sun to achieve success; the manufac turer has to study every change of machinery, explore very change of trade, in order to reap profits; the bondholder what has he to do? Nothing save to sit, like Matthew, "at the receipt of customs." Paying no tax himself, his j b simply con sists in fattening upon the taxes of other people. So great are the advantages de rived from putting large sums of money in bonds, that many capital ists are content to keep the Bonds without reaping the additional har vest which comes from banking upon them. Mr. W. II. Vanderbilt, for instance, invested $40,00(J,000 in government bonds aud did not bank upon them at all. lie considered the absolute security of the "invest ment, and the freedom from taxation of the money s invested, as a sulli cient inducement to buy bonds. 4. The interest, to the extent of many millions per year, has been paid in advance during a long series of years. This is shown by official reports which we will produce if the assertion is denied. On page 203 of the "Laws l.'.elat ing to Loans and the Currency" will be found the law (Section 3699) under which this practice of paying interest in advance has become a standing reproach to our govern ment. The law was passed by the republicans in 18G4, but the Demo crats still continue it in force. During our brief and breezy ca reer in Congress we introduced a bill to stop this prepayment of interest, but the Democrats smothered it in Committee room. We stated that the interest was paid semi-annually. The Washing ton banker says it is paid quarterly. Un page 10G of the "Laws Relat ing to Loans aud the Currency," it is stated that the inteiest on the bonds shall be payable semi-annually, or annually. Un page 179. discretion is given the Secretary of the Treasury to make the interest on funded bonds payable quarterly. On page 1G3 (act of 1SG4, already referred to) the Secretary is author ized to "anticipate the interest by a period not exceeding one year." What the practice is at this par ticular time we cannot say, but it is certainly a fact that the prepayment of the interest has not heretofore beeii always confined to quarterly payments, nor does the law read that way. 5. Having salted his cash down in a bond which pays no tax and which runs no risk, and" which can only fail when the republic dies, the bond holder now takes a step forward. He lays his bond in a vault which the government provides for him, takes a receipt therefor, and demands $90 in currency for each $100 of bonds. This $90 is issued to him in blank notes, but the governments guaranty is back of each note. He signs the face of the cote, and im mediately it becomes what the Nat ional Bank act describes as "money!" It is called "National Currency," GOLDSBOItO, X. C, THURSDAY, XOVEMIIEIt 8. lS'tt. hi;ti i practice rj.a-:r a d-r 1 1 . . i ii 'ivuee llie 'Kiii-Ui' IU ri 't-fs Uioyi- ! erfy K'laif the lnd- produe- owner earmuf I lii is adranfatr alone would cno- ; stitute an ejonble eieiueut in an) . well regulated "pieui:." I i He fan lend the tflW at -S per i tent, vbeu it eosfs him but I per I e-nr. A man who cannot tret ut picue on a litT;e Oouus hk tliht must be ehronie victim to the mel- 1 JMI'-hol v. j 7. Tiie tr.vnnuent asrre-s to fake ; his notes in navmeut 'of taxes, ex -x ' eises. L)ulic iaiei.-i. am nil ..rhr .lueis ! to the United Stjtten ..v-. ..t iim...i-t duties. All salaries and other debt I due the Unite-' . States to inJi vdnU. or corporation of this country, shall be legally payable in tlie.se notes. X sii'-h privib'j,'e and power is riveu t. any oth-r citizen'-- note. I tu port duties hjut be paid in coin; so must the interest and principal ul' the public debt What is the public debt? The bonds held by thee National Y n k-rs. Why is com demanded for import dutiesf lu order that the government may be able to ffive it to these Baukers. Therefore the law says that a Na tional Banker can compel every oth er national creditor to accept his notes in full pay ment, but that th Banker himself can refuse to accep' his own note, and can demand coin. A man who cannot Ktueil "picDic'' all along here, must have let his na sal catarrh stand too long. S. The irua-auty of tiie govern ment is what sastains the value ot the National Bank Note. The bond holder pays nothing whatever tor this guaranty. 9. The government guarantees payment of the notes, free of charge The people borrow notes at S per cent, interest. What constitutes the government? The people. Therefore the people endorse a note for the National Banker, free of charge, and then turn round aud borrow that note at S per cent. This is a picnic "but not for the people. 10. National Banks become depos itories of public funds paying noth ing for the use of them. The N ew York banks have had more than $13,000,000 of the tax money of the people all this year. The administration can thus enrich its favorites at the public expense. Few Southern banks eiij -y this side dish of the "picnic." The Nortti aud Last get the lion's usual allot ment. As stated in our former article the government reports show the full fatness of this system on page 49 of the "Statistical Abstract." The figures for LS9J stands thus,: Capital $GSL809,G7S Surplus 243,12:2.908 Total Net Earnings 03,730,331 This table shows what the system has actuallj yielded iu the v. iv of profits on the banking privilege alone. It was ten per cent in 1893 Tiie table does not include the in come from the bonds themselves. Nor does the table show what the exeuiptiou from the tax is worth. The income from the bonds must be added to the profits made from the banking and then you will have the grand aggregate of the double reve nue derived from the money invest ed in the bonds. The Washington banker seems to be ske:ical as to the existence of the "picnic." Let us ask him this: If National Banking is not a good thing why do the numbers of Na tional Bankers so constantly in crease? These men are the lords of wealth. They are not tied down to farms, factories or mines. They have freedom of choice. They have on their suites the autocracy of cash. They can dictate their own pleasute The fact that an increasing number of the men who have unlimited and unfettered choice of business choose to go into National Banking, is the most convincing proof that the "pic nic" is there. Upon one thing we were wrong and the Washington Banker is right. National Banking is not restricted to cities having at least G.000 inhab itants. Memory misled us on that, to our regret. On page 38 of "Watson's Cam paigu Book" the is properly stated thus-: ' In cities of G.000 or less a Bank may be incorporated with a capital of not less than $30,000. Where the population exceeds 50,000 the capi tal of the bank must not be less than $200,000. Between these limits of Population the bank must have a capital of $100,000. The fundamental objection to Na tional Banks is that the right to is sue money is a sovereign power which should be exercised by the government alone. It should not delegated. To farm out to any in dividual or to any incorporationjthe tremendous privilege of expanding and contracting the currency is to make a class the absolute masters of the situation. They can contract the volume of money, force prices down, and buy; they can inflate the currency, force prices uprf and sell. The- en do this upon a regular sys tem which the balance of the busi ness world is powerless to check. Thus all other kinds of property is at the mercy of those who wield this tremendous power. Jetferson and Jackson and Benton saw this, and they fought National banks with all the strength tney pos sessed. But the party of Jefferson Jackson and Benton is controlled by National Bankers, and we find good Democrats everywhere disputing the existence of the picnic." Ihe rea son is plain. Ihey are enjoying the spread, and they do not find any reason to quarrel with their victuals. The Georgia Legislature has cou firmed the appointment of Patrick Walsh to fill out the unexpired, term of Senator Colquitt. For the long term heginniug March 4th 1894, A O. Bacon was nominated. Incendiaries burced .to the ground the handsome residence of Hon. J. S. Coxey, at Coxana, 0-, one night last week. The loss ia over $10,000. . mm of mil THE :.SiJRC33ERVS THSJioROsSER tUF.MkAMiALi.il tstKI.N UTAUirF. A lt.nl inanrial iilrni llir Krai ( auu CVnl l ot (fn mill a 1 iiue. Wahi-;to.v, 1). C. Ll. ('Al'CAM AN: For geucraliOUS the politicians of this country have agred in almo.-t every campaign, tLat i.tniT should be the issue. Thej have always Jotiud it a convenient none of conUrniion over which the mas-.- - would easily divide. It is a ijueNte'ii which i-. very complex to tht aveiage voter. It is a splendid issut upon which to appeal to n--Jio!i.,i-m and arouse i t ri -pint. The ieaier of the iH-iu-ociaiiv aud lCrpublu-au parties have mutually agreed for so long ihat th Tariff was the great is sue i- Auierh au -.olitics that ihe av erage voti r in iutse two par tie without seriously consider .1 i - . i .ng ilie mutter auu wituout anv study or investigation upon Lis part Lias s'-rtied down to tlm idea that tht tariff is really the L-sue. The poli ticians have one-half of the people attributing all their grievances to the fact that the tariff is too high and the other half to the fact that tiie tariff is too io1". The DemoetalK. campaign com mitten got out a campaign bok of 21(5 pages in which it devoted twelve lines or one hundred tud eighty words to the silver pies tiou. If we are to judge from what is her said on the subject as to the policy of the Democratic party, we are at a loss to understand how any honest tree coinage man can havt 'he faintest hope of ever getting free coinage through the Democrat ic patty. i)u the entire tinancia luestiou this campaign book con tains live pages while it devotes one numbed and eleven pages to the tariff so it is very plain that the Dein eiats are going to do every thing possible to force the tariff to the front and try to ignore the financia! ijuesti n altog-ther. The Kepubli cans are at woik on the same line. aud tire delighted that they can light over the ame old ground. There are a great man-honest Dem ocrats and Kepublieaus who can didly believe that the tariff is the great issue. For the benefit of all such, we have undertaken in this article to prove the great overshad owiug question in American politics to-day is the financial question, and that tiie Tariff is secondary in every particular. HOW MUCH TARIEF ROKS. The following table shows the amount of tariff paid by the aver age farmer on the necessaries of life which he buys each year. It show me amciiTit he would pay un der the tariff law of 1801, the Mc Kmley law, and the present Demo el atie law: Dutiable Articles. Ain't Tar- Tar- Tar-Con- iff iff iff sutueil "; ".. 'Hi l.tO $10.00 imk $7.7! '. .") 70 7.14 5 7:; iii.no U.40 U.W s.:s:; ;(i.oo e.'.Jii l'.i:i." l.i.i m 10.00 l.tjU 4 02 2.."!t lu.no 2.:iU 2.0H 1 40 5.00 1.15 1.55 1 42 30.1 H (i.Ki 5 It 3.42 ao.eo ;.:i2 u.ai ouu 20 OO 4.lil 4im USA IOihj iii :.:;: 25 (M 5 7ti ; S3 5.00 5.00 1 15 1.2! 1 0 5.i'0 ooo 1.15 u.s:i 5 no l.oo l.titi i.2!i 5 oil pi io 1 77 i i,", 5 iH) (J.iHI 1 fill 0.S3 siiifiar i'oUun floods Woolen fioOils It. Maile Clothing Hats .v Caps Iron Goods Cutlery l!arbel Wire Farm Implements Shoes V Boots Medicine Furniture Clocks .V Watches Horses Jewelry Crockery Cattle . Total $2to un fiio.tX' -Sj.ulti2.4: We find by examine the above fig ures that the Democrats are now camping on the same ground that the Republicans occupied thirty years ago, there being only sixty cents dif ference to the farmer under the Re publican law of 1SG1, and the Demo cratic law of 1S!)4. The difference to the farmer between the Mckinley and present Democratic law is 21 -12 on his yearly purchases, therefore it must be this $21.12 that all this tariff racket is about. From this ta ble we can see exactly the relation in which the farmer stands to both the old parties so far as the tariff is concerned. As the law now stands the dilference to the farmer between the Democratic and Republican par ties on the tariff question, when measured in dollars and cents is $21,12. Then the issue when nar rowed down is whether the farmer will pay .$21,12 Tariff more or less annually. HOW MUCH A fiOLD STANDARD ROB5'. When one has studied the money question and sees how this same farmer is robbed and plundered each year by the money power of the world, the lariti question at once dwindles into utter insienificanee. Let us now examine into the nak ed facts and see how the farmer has been effected by vicious financial leg islation, and robbed of his birth right while the politicians have been crying 'Tarriff: Tariff !" in order to drown the cries oi a plundered peo ple. Let us take as the average crop of the cotton farmer, ten bales weigh ing 500 pounds each a total of 5,000 pounds. We find that the price of cotton in 1S72 the year before silver was demonetized, was worth from 18 to 25 cents per pound, the aver aere price being about 20 cents. The ten bales of cotton at that time at 20 cents per pound would net the farm er $1000. The same ten bales of cot ton now at the present price of 0 cents per pound would net him $o00 We find from these figures that some time how or some how else the cot ton farmer has been robbed of -$700 on his years production of eotton. The crop that he produced in 1872 cost no more labor than the crop he produced in 1894 then why is this difference of $00T Let see now how it is with the wheat raiser. Take 1000 bushels of wheat as the average crop. In 1872, the year before silver was demonetized wheat was worm irom $1,1)0 to !r,iu per bushel. The 1000 bushels at $1,75 in 1S92 would have netted the farmer $1,750. To-day the priee is 50 cents per bushel, and the 1000 bushels brings the farmer $500. He gets $1,250 less for his wheat crop in IMdllim i,. ili.S m 17J. Whv 4, M.t- Wh.it i i' tht r.a the farui '-f 'his .rl.J.V? I it the TaruTf From in tre f.-t ... that the cotton frui-r paid fi.l,1 Tariff m 172, and received -fitfero fur ht cotton i-rop, ru,- in tfc,. j,.ar J-on he py r;-J.4y, ju-t bceuts ! Xbnv. in li7-. and receives tor his crop, a io,- of .Too. Tie wheat ftrtuer payiu? the amount -f Tariff as nbove received for his ciop in 172. now he received O0, a loss of $1,'J.H. lu oJhcr words these farmer hare Wen righting over that Tanff, tb difference to them between the Democrats aud Repubiicau. on that quehtioii, while the muQt-y power has stealthily stepped in aud rob bed the eottou raisrr of 7U0 aud thr wheat raiser of ii J"0. To the cot ton raiser the in n-y question ir. a much above th-- Tariff question as H-n iusMte as 7oii i- ;,lnjve -Jl.TJ; . I ... .! .:. . . . ..: ,'..- ."' 111 llie Mllrill ,'U'I , Us fl...M i. ab )eJl.tJ W Inch is Jour g!Ches enemv the ihief w ho rob, you of ') or the "thief who rolls ymi of .-jludo. The Dem-e-iat are in copartner with ih; !l.i. f. N hen the fa nuers of this eoiiutrv study the liuata iui question, and re" tlue how tiny have been roboed bj the demonetization f silver and th" distraction oi the fiieeubaeks, thete will be but one issue and that wiil he the Mouev Question. J.I.'. TlKNKK, IT ISA UK. m t k K I I t II 1 N roii mm A lit I Will Not Vole tin-l-mi ml ie 1 it ket. Ti, Ihr 1'nbU'-: The following telegram has just een received : Scotland NiM-k, X. C, '. o'el'K k a. in., Xoveuil -r 6th, Hi'.N. Maiuon Hi ii.nr, f ;ol.i.l.oro, X, f'. lama I'opiiliat, wilt not vote tin- Demo cratic ticket. W. II Kin iii.n. THK KKI OI L Till ST. Com l.i nal i.oi tliHl reruieais tiie Sttut hern CkIIoii Slat, - ti v tli- I'l i, I- ClMltill.lt- l lW . M KM I'll is, Tetin., October X'i. The fedeiiil court was today asked jy Tate Brothers, of thisnitv, to en ',er ujion an investigation of charge. that have been made ayaiust the cotton-seed oil owners of the south t die effect that they have nearly all -ntered into a gigantic conspiracy to contrtil ttie marka for cotton seed ind that this combine extends all jver the southern cotton states. The specific allegations that an made in the pub ic prints here refer ence only to the Memphis mills, ami there are eight, and these are the largest in the world and the sanie jwners control mills in .'juuisianu. Vrkausas, Mississippi, Alabama and Georgia and the Carolinas. Two years ago, cotton seed was wi th $25 per ton; last year $18, while now the market price is only $9 per ton. The mills which are tileged to be in the combine further decline to purchase at any price ex cept from the producer. The seed sold at the Memphis market alone each year is worth in the neighbor ioou of $2,000,000. rHANKHX TlllMiS AKK MIT WOUsK. Kate Kirlil, WusliiiiKtoit'ii l!i trsl Neus- Hier Woman. I am thankful, principally, that things are not worse. Cynical, pessimistic inconsistent, do you say? Perhaps not. It isn't cynical to be thankful for something, is itf It is not pessimistic to acknowledge that thiugs, not being worse, are better than they might be is it? It isn't inconsistent to infer that things nave been pretty bad, when it's the truth, is it? I often hear people say that they are thankful because thty are so much better off they never specify just how than a certain neighbor. This always sets me to pondering upon what the neighbor it the bottom has to be thankful for. No ! That philosophy won't do. I must repeat, I feel quite happy in being able to offer a thanksgiving that things are not worse. From What Have We To (Jive Thanks For?" From Demorest's Magazine for November. Ml'KUEK IS GKA VII,LC. A voting colored girl named Lucv Allen was murdered by her sister Mary Allen and Venable Brown, at Bullock, (Trail viae County, two weeks ago, but the facts did not come out until a few days ago when the Constable and Coroner had the bodv f the murdered girl exhumed. It was found to be badly mutilated tbout the head, and the hands were severely cut. Several burned places were found on the body, supposed to have been made by a cap pistol be longing to Venable. They were all voung negroes, between the ages of 12 and 14 years, aud the only pro vocation for the foul murder is sup posed to be jealousy. SHOT HIS MISTRESS TUKN HEM SELF. Washington, 1). C, Nov. l. Frederick Wiel, white, aged 35 vears, a member of the United States Ma rine corps, shot his mistress, Annie Grandy, to-night and then put two bullets in his own head, dying almost instantly. The shooting took plate in a disreputable house known a? "Msihogany Hall, the inmates of which are octoroons. The woman, who is about 23 years of age, and a uative of Hertford, X. C, is. badh injured and is not expected to live. Jealously is the cause assigned. Walsh aud Kai-ou Nomiisattd by the Georgia Legisla tion for Senators. Walsh for the short term and Bacon for the long term. Senator John Martin, of Kansas. was arrested on Oct. 30, ou charge of criminal libel. ",KA,"!,:,,K,JELECTION NEWS A M II IM I ihk rtt . 'til t I.. mi.Sp. I,, tl,,. rM,,r ,,,, Irll.iu Injn . n.i.ri,,,,! n WlM4, Km 1! K. In eV T eoii'j'rv but ,.:,r - . ' - -- ' 1 1 , ciieour.em- .t h., U,n k-;u.ti!ll tii, men who ull ih- ;i. In Norav and Seedcn the j;o. rtmient L;il,d l'.lt,u hud ih.o, uio-.o y on lij.g ini aiU n .-L io raU- of In Kr.tr ee ami in Uui Natiix.al, h'.aj s are m.,de t.p n j r. Kh.ee. in .ctmaiiv i he iovi t la.-u t,! litis ii lsii jaiii. s-t-iir' ! . i . - . lii tirnee. Natiol:a! made to l m farmers. iire l.veii in llngland, ari:.H-ra!ic KiilamJ, it is rcmemliered that th. m .ti who fei-ds an 1 i h-ih,-s th. j. plc i.-ititithd to oUJe t -on ,.iei at u u it the hands of those who eat and wear w hat he makes. lime ami y-aui y.r. (,1a! ind oilier hU-rul h-ad.-rs have posed that the r-'v. rt.m. et tone n. iiiiius io enable to buy homes. n ii ii .. i i,. ti, ... . i t hi 11. L rd II tsvU rry h:i n; I oroiitf.l forward a bill in a' ila'llelit W li.eh provides that the gov rtitiient tdlall j 1 ... 1 4 1. I 1 lenu me insu tenant mouev to l.uv i his holding from his Ke-hsh l,int lord. In some tdiap. or other this oropoaitbii will certain lv Income a law, I hug we lind every nation in the 'ivilized world doing something for -he farmer. In this country he ii petted during i political campaign, and kicked all he balance of the year. It is only in this country that a smile of de rision comes to the political lips Aiieneveryou mention the suggestion that the government ought to do something for the farmer. The Whiskey Trust gets i bom ltd warehouse in which to etore up its ire-watfi; gels govt riiiiu-ut ollieei s ,o guard it; gets a warehouse receipt 'rom the government upon which ii tan borrow money from the bankt-; ets e-ght years credit on paying '.Ml 'cuts jkt gallon tax due on the .vhisk-y, and thus has the otib- reasury system at work all the time. Let no one think it strange that he Whiskey Trust should enjoy such "avers. .Nobody seems tj think that mch a warehouse arrangement tu -.ween a w hiskey dealer and the gov "rnment is at all unnatural. But the moment you suggest a varehouse for cotton, and a ware lo'.ise receipt upon which the owner f the cotton can borrow from I'ncle am as great a per cent, of the value of cotton as I'ncle Sam lends to the vhiskey dealer by deferring his tax, nery one-horse olhce holder, editor ind demagogue in the country veils in angry am i.ement. The national ootidholder eurrcs his property, his lio'ids, and deposits them with the govern men t in u building provided y law. Uncle Sam takes charge of aie deposit aud issues a receipt there ""or. Then he issues a loan on these ion ds. For every $100 of Bonds ie lends the owner gets in paper in ney gu ran teed by himself. He harg s one per cent, for the loan leaving the Bondholder to lend it again at whatever rate of interest he can get. This i the sub-treasury plan of he bo.idho'uers, a.id nobody thinks tt uniiauiral. It is accepted as a nutter f course because the bond loider is considered such a high and mighty character in the republic that it almost amounts to sacrilege to juestiou anything the government does for him. But the fanner? Wh-m the poor tax-ridden crea ture comes up aud with trembling lips ventures to discuss a plan of national loans on his property simi lar to that enjoyed by the bond h dder and the whiskey dealer he is so bull ragged and brow-leaten by his rulers that he collapses into help less submission. He has no nerve t resist even when the government tells the National Banker, as it does do, that under no circumstances must any of the money he gets from Uncle Sam be loaned on laud. Thus the farmer is completely fenced out, by special law. When Texas languished and agon ized under a great drouth w hich des troyed all her planting seeds aud Congress had come to her relief and voted ner 20,000 to buy seeds to plant her crops again, did not that inflated fraud, Cleveland, find him self too virtuous aud too strict a! xjnstitutionist of the Constitution to iign the bill? Certainly he did. He vetoed it with'the game pen which signed up the acta by w hich Con gress robbed the people of more ihan tive times that paltry sum of money in running the illegal bar rooms, barber shops, restaurants, Congressional funerals, extra pay for employees, aud the full $5,000 extra pay allowed the widows of dead Congressmen. iTty the farmer. Hjcatches it all iround. Under our infernal system of in direct federal taxes he jiys mor than three-fourth of the entire ex penses of the government, an! th only consolation he gets when be growls is the advice of the oflioe- holdrs "Work harder and talk less." Where Marriage in a Nuci-pm. From the Chicago Tribune. The King of Ashanti i3 permitted to have 3,3-T-J wives; and yet it nas been saspected b8oaie that nurriage 13 a failure. xo. . filVKX IX VVU, ' Till: M!t tM AND TIUKD 1". Mills of Tins ISM K f t.o I; II 1 1 1 1, 1 1 l. . 1 1 1 l mn4 Mil , v Hdj.e.irtttl two : t I. .ii-.i, t ' I"" Hi: U- i ri t.dd b i t.. '( ; , ..-! - 'i. ,t r.!(. irl!? ilia: I he .- '.t' 'f thi- (Mil! i I V 8 ! (.f leiMlo . iit.!i .- thin , !t-ou -t-i. of un s r.-v .f n pt iv t .ii :it ; ft Tt. p.-i tt . Ietl!.-i ! ,it i. i, !oiittis, !- lii -U the litnp Hi.ii tl.n M''"'' oe-i. n.' ;.i ,! I" 1 i-- tin- p oj :,. i Ml t iie e. .in . ii . k"!i tin- pri-x i- . . 1 e .-ill 'i ' :n in il . -ii Ml tin- i,'tuuud that t.'ie r.-p.'ai ,.f the p u I ii s i ius.. ,if the Mo Uiinii i.iw, mi, J f.pNl..f tl,, M.Km.I.v Ihh5T !nw would prod 1... ft t !.".( ,, v ,ynl f ,---,.,.,--., n ll. I l I. it I lino..,,. i p, Jl! V WMt, M.tli.'U I.-...I pi '- tl th.- oTh.-r h.ii'i.!. th,. .,.pii 1 1.11... t . - nave c.tinieil ail kinti that the I,ii !"-! '"! wu- .uttitur a cT Muit "-"-e it any at all in Ihinu. In ple-.H,(n 11,1 I,.,, ,,r y. t-. a ti.l II Mi. I curnig our enlltitiy, I. -it thnt the troiihi.- i.iy tn Lie desf actum of our -nt n ii.-y. and putting a upon t si ni.de gold stainUid. l.vety mill who h.t studn-l the .(iieMion, knows thnt this d.-pti-ssioti i.egati awa hack with the resumption act. i Uil the dfiiioiu I iy.it loti ot sih er; and there he locntis ihe chusch that hlVe pro!iie.d this d-preMon. nnd KlIO As that these cause lllllM ( n e Itjoved before we call have ntty real pi-'-pent y. Any kind ot tmkctiiig with Win tan!, fails . bung this talked of rev ival simply Ix-eause it is not the prime cause t' the trouble. The truth of the matter Is the two old parties have made a wrong .bug. no-is ,.f ihe e.-w. The detuoe rn t ie patty has pulled tin- wrong tooth, ll has pull.-. tin. (anil tooth when it should have pulled the Ill'-tieV tooth. It has left the patient wtlh lht p.titi caii-c d by tlx- pulling, and aUo the original ache, and the patient is now MiiT'-i ing from t wo pains tn lead of one. The sil lisi.il.e.l press, lit their continual howling a'ooat the gn at prosperity that is ju-' aU..ut to dawn Upon lis, tetniiids one of the ptoVei bial boy who whisth-d whih- passing the gravevard to keep up his cour age. We kncuall time that tin- predic tion of a great revival of pro.--p-rit y after passing the tariff I. ill. was a false alarm and have taken tin-pain-, to watch d"Vi h.piai-iit . T.o n i . no prosperity m this country and can never be so long as its productive interests ,-i re d.-pt es-d and hampered hy tailing prices. As a rule, none of our people can really tie prosper ous unless the great agriculture people are pi o -iperous, agriculture being our prime source of all our great wealth. Tins being a fact, one naturally turns to these great agricultural interests an a thi-riuotti-eter which ti.ileates the risa un 1 fall of our prosperity. The following market report tell the whole story, sho-As the ipiota tions in New York aud Chicago mi the first day Scptetifber and -juth if October. Figures furnished by Silshy Co., bankers and brokers. Mocks,, bonds, grain, provisions, and eottou,. Met ropolitan bank building, Washing ton, I. C, are: Lowest quotation for Sept. 1, I V.I I. Wheat .'. I-'J; Corn .V. I-'J, Oats J!l I-J; I'ork fl:; '.i'2; Cotton, New York .piotatioii O.ill . 'Quotation furnished by sam. lirm for ,.t. 'Jo, 1V.I1: '.Vheat .'.1 1-J, corn 4U ."-S, oats J7 7 S, pork IJ.'J,"), cotton, New York quotation ."..11. A glance nt the above shows that during the past six weeks, when we were to expect the great revival, wheat has falh-u two cents per bush el, whtek on hq average crop of 100, 000,000 bushels, uo-aus a Iom to the tarmer of S,00ti,0'MI. Cotton has falh-u one cent per pound, which means a loss of .10. !00,o.hi dollars to the cotton raiser, allowing that the pres'-nt crop in 10, 000,000 ba es of .'.Oil pouri Is each. l' )es it iii-aii prosperity for our wheat raisers Io loose 10,0. Ml dol lars on the price of their wheat in i weeks, and the cotton farmers -1o,-000,000 dollars ou their cotton during the same time T Kamember that this is the time of th. year when in three mouths a l irge proportion of the business of a wh.de year is transacted, arid per haps more business is being done than there was some time ago, but the figures show that this business in being done at a loss to the producer and is ifo indication whatever that there is tiny revival of prosperity. J. II. Tt'HNEK. Th I'opallnl Si;r- tn Win In MinH-ot. (From the Washington I'ost.j "Politically," "aid Mr. Youman, everything in Minnesota just now has a I'opulistic cant of couutenanee, and it w )uld not surprise rne greatly to see Sidney M. Owen, the I'opulint eamhuat?, elected hoveruor. The . I).'inoeratii Ktaud ftorne .show if the fear of a I'opulist- administration h i not drive so tntny to vote for Kuute Nelson, the Kepublitvin cand idate.'1 Later :--The Democrats have de cided to vote for the Urmublican can didate for Governor to keep the Pop ulist candidate from rmg elected. John Kendriek Hangs' quaint humor is to enliven the pages of The Ladies' Iiome Journal with a series of twelve articles depicting the elub tlk of four men about women's affiirs. Mr. Bangs calls this club "The Paradise Club," "paradise,1 he Bay, "because no woman nor serpent ever entered into it." '-- . . II xi' Siraaprilla, acting through the blood, reaches every part of the system, and this way positively cared catirra. "
The Caucasian (Clinton, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Nov. 8, 1894, edition 1
1
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