i m
. II! Ill
This Papke is 43 Ykar3 0ld
CHARLOTTE, N. 0.; THURSDAY, MAY 21, 1896.
VOLUME XLU1. NUMBER 2244.
THE
CHARLOTTE DEMOCRAT
PUBLISHED KVKBT THCBSDAY
Terms One Dollar cash in advance.
o
Entered at the Post Office in Charlotte, N. C,
as second class matter.
DRS. McCOMBS & GIBBON,
DESIRE TO INFORM THE PUBLIC,
That they have this day entered into a copart
oership for the
PRACTICE OP MEDICINE,
AND
SURGERY.
March 1895.
vMwrch 15.1895;,
JOHN FARRIOR,
WO 4 BOUTS THTON STREET, CHARLOTTE, N. C.
WATCHMAKER AND JEWELER,
DEALER IN
Diamonds, Watches, Clocks, Jewelry, Sil
ver and Silver Plated Ware.
3gT Special attention given to Fine Watch
Repairing.
Jan 25, 1895.
BURWELL, WALKER & CANSLER,
Attorneys-At-Law,
KOOM8 N08 5, 6, AND 13, LAW BUILDING,
CHARLOTTE, N. C.
Jan 4, 1895.
DR. E. P. KEERANS,
DENTIST,
CHARLOTTE, N. C.
Offtcb 7 West Trade Street
Nov. 2, 1894
DR. GEORGE W. GRAHAM.
OFFICE, 7 WEST TRADE 8T.
Practice limited to Eye, Ear, Nose
and Throat.
April 3, 1896
JOHNSON & POPE.
-:0:-43 South College bt -:o:-
The largest stock of cotton gins, boilers,
presses, Saw mills, mowing machines, Har
vesters and pumps. Come in or write. All
kinds of machinery.
JOHNSON & POPE.
April 8 1896 2 m.
HUGH W. HARRIS,
Attorney and Counsellor at Law,
Office, Nob. 14 and 16 Law BuildiDg,
CHARLOTTE, N. C.
July 6, 1895:
F, 7. OBltORNK, W. C. MAXWELL, J. W. KEERANS
0Si?0RNE, MAXWELL & KEERANS,
Attorneys at Law.
CHARLOTTE, N. C.
jy Offices 1 and 3 Law Building.
Will practice in the State and Federal Courts.
Oct 20, 1895.
DRS. M. A. & C. A. BLAND,
Dentists.
CHARLOTTE, N. C.
No. 21 Tryoh Street.
ian. 3, 1806.
SRJOT CLARKSON.
CHA8. H. DULS
CLARESON & DULS,
Attorneys at Law,
Charlotte, N. C.
Pmmnt attention vtven to all business in
trusted. Will practice in all Courts of the
state.
t&Offioe So. 12 Law Buildup.
Oct. 7. 1896.
H. N. PHARR.
ATTORNEY AT LAW.
Office jio. 14. Law Building.
Prompt attention to all business intrusted.
Special attention given to claims. Practices in
State and Federal Courts.
Jan. 6, 1895.
Cattle Owners 1
Listen t The best possible Cattle Food is
MANGEL WURZEL BEETS
We have the seed of Line's Imperial and While
Sugar. Plant now !
R H. JORDAN & CO.,
Prescription ists.
April 17, 1896
GO TO ALEXANDER'S
DRUG STORE,
NO. 216, NORTH TRYON STREET.
teeps a well assorted stock of all articles usualy
kept in a Drug House
J. B ALEXANDER.
The Poor prescribed for free.
April, 8. 1895.
QUEEN CITY HOTEL.
In visiting Charlotte,
Don't fail to stop at the Queen City Hotel,
Corner East Fifth and College 8ts,
Everything first-class.
RATES, $100 PER DAY.
July 6, 1895. W J MOORE, Prop'r.
E. NYE HUTCHISON.
FIRE INSURANCE.
'Offices 16 East Trade Street ; 4 North Tyon
iStreet, up stairs.
Feb. 18, 1895.
Probably Caused by Heavy Rains.
Monro Enquirer.
Ad immense fissure in the earth has
made its appearance on the top of Iron
Mountain, between North Carolina and
Tennessee, on the Bakersville Road. Thi
opening is six to twelve feet wide, and
runs along on the summit lor the entire
length of the mountain, which is several
miles. It is supposed to have fceen caused
by the recent heavy rains, which fell
there, the earth becoming so saturated
that it gave way, causing tbis mammoth
crack.
TRUSTEE'S SALE.
By virtue of a Dted in Trust made to me by
J. 8. Smith and wife on September 12th 1890,
and recorded in the office of the Register of
Deeds for Mecklenburg County, North Carolina,
Book 73. page 116, and on account of default be
ing made: in the psrformaice of the conditions
therein Contained, I will sell on Monday, June
1st A D., 1896, 1o the highest bidder at the
County Court House Door in the City of Char
lotte, North Carolina, at 12 o'clock m., all the
following land in the City of Charlotte, to-wit :
Beginning at a stake oa the South side of
Watkins Alley, Pinkney McLean's corner, and
running with said alley in a Northwest direction
50 feet to a stake, Franklins corner; thence with
Franklin's line in a Southwest direction 99 feet
to a stake in E. B Spring's line; thence with his
line, parallel with said Alley 50 feet to a stake,
McLean's corner; thence with McLean's line 99
feet to the beginning. This April 29 1836
Terms ash. HERIOT CLARKSON,
April 30, 1896 5w Trustee.
TRUSTEE'S SALE.
By virtue of a Deed in Trust made to me by
I H Wilson and wife on November 14th 1894,
and recorded in the office of the Register of
Deeds for Mecklenburg County, North Carclina,
Book 103, page 52, and on account cf default
being made in the performance of the conditions
therein contained, I will sell on Monday, June
1st 1896 to the highest bidder at the County
Court House Door in the city of Charlotte,
North Carolina, at 12 o'clock m., all the follow
ing land in the city of Charlotte to-wit : Be
ginning at stake on W. 9th Street, Walter
Brem's corner and running with Walter Brem's
line 270 feet to a stake R. Rintles corner; thence
with Rintles line towards Myers Street and
parallel witb 9th Street about 50 feet to a Stake;
thence parallel with Myers Street 270 feet to a
stake on W. 9th St; thence n bout 5.0 feet to the
beginning. Tbis April 29 1896.
Terms, Cash C. L. HUNTER,
April 30, lb96 5w Trustee.
TRUSTEE'S SALE-
By virtue of a deed of trust made to me on the
26 day of March 1895,by Join W.Goodman.I will
sell at public auction at the court house door in
the city of Charlotte to the highest bidder, for
cash, on May 23rd, 1896,one lot on east 7th street.
For description, reference is made to deed in
book 110, page 327, in the office of the register of
deeds for Mecklenburg county, N C.
This lot is sold to sitisfy the debt secured by
said deed of trust.
A. R. STOKES, Trustee.
April 24, 1896, 5 w.
$1,0 o o. oo
WORTH OF ODD PIECES OF
FURNITURE
To be sold at about 50c on the $1.00, at
Thomas & Maxwell's.
In checking np our stock we find that we have
70 odd Bureaus, 82 Beds, about 300 Chairs and
several other odd pieces tha. will notttfiteh
with SUITS, thtt we propose to sell at
From 50c to 75c on the $1.00.
We sell Furniture, Cook Stoves and House-Fur
nishing goods cheaper than any other HOUSE
in North Carolina.
IF YOU NEED ANY
OF THESE GOODS,
Now is the time to buy, as you can save about
50c on every $1.00 you spend by trading
witb us. Thanking you for past favors, we re-
nrain, Yours very truly,
THOMAS & MAXWELL,
23 West Trade Street, Opp. Court House.
Oct. 11. 1895.
MELLON & SHELT0N
ED. MELLON.
TOM. SHELTON.
BOYS, BOYS, BOYS'
SPRING SUITS.
STRAW HATS
BY THE
THOUSANDS .
SUITS, UP TO DATE.
New and Pretty.
H IET
UMBRELLAS,
Socks, Collars and Curls.
BEAUTIFUL SUITS.
The Best Goods and Low Prices.
COME TO SEE US.
NEXT DOOR TO H. BARUCH
May 1, 1896
Uoose Grease
Goose grease Liniment will cure you of Rheu
matism, neuralgia, toothache, headache, pains in
eidoa nr hark and in fact everv nain von have if
it does not do this take the bottle back to your
f Awnivtviat on? trot vrtnr mnnev Snlii hv all dnir-
gist. April 10-1 y.
Wat Hardin's Mission as an Orator.
Louisville Courier-Journal.
Some of our Kentucky contemporaries
are taking too seriously Mr. Wat Hardin's
oratory ou the silver question. Bless
you, boys, Wat's oratory is harmless.
Not only that, but it is refreshing in
these day b of drought to find such an
oasis of picturesque ignorance.
Mr. York Don't yon have trouble in
keeping track of your city limits?
Miss Chicago Tes, but there is a
strong movement on foot to abolish them
altogether. Truth.
North Carolina, Mecklenburg
County.
By virtue of a decree of the Superior Court of
Mecklenburg county, North Carolina, in the case
of William H. Wilson, Administrator, etc,
against William A. Wilson and others, I will
sell, at the County Court House door, in the city
of Charlotte, N C. on Saturday, the 20th day of
June, A. D. 1896, at 12 o clock M , to the highest
bidder, all that land in Mecklenburg county.
North Carolina, to-wit:
First Tract: Known as the "Cochrane Place"
of M N. Wilson, in Crab Orchard Township,
adioiniDg the lands of M. B. Wallace and others,
containing 146J acres.
Second Tract: Known as the "Baker Tract'
of M. N. WilEon, in Crab Orchard Township,
near the first tract above mentioned, containing
about 10 acres, and adjoining the lands of J. N.
Lee and others.
Third Tract: Known as the Wallace Tract"
of M. N- Wilson, containing about 31 seres, and
near the above mentioned land in Crab Orchard
Township.
Terms of sale, one-third cash and the balance
in six months.
A plot of said land can be seen by applying to
Messrs. Clarkson & Duls, Attorneys, Charlotte,
N. C. J- E HENDERSON,
May 14, 1896 6w Commissioner.
Mortgage Sale.
By virtue of a powar contained in a mortgage
deed made to G C. Morris, now deceased by F.
M. Winchester and wife, M. W. Winchester, on
the 22nd day of October. 1889, and registered in
book 63, page 169, in the effice of the Register of
deeds for Mecklenburg county, I will sell at
public auction, at the court house door, in the
city of Charlotte N. C, on Monday, the 8th day
of June, 1896 a lot of land lying in Crab Orchard
Township, in said county, near Hickory Grove
Lurch, bounded and described as follows, to-wit
Beginning at a stone near the cross roads, runs
South East 16 poles and 24 links, thence
North 62 .East, 9 poles and 15 links, thence .North
23H West, 16 poles and 24 licks, thence with
the road south b3 West, 9 poles and 15 Jinks to
to the beginning, containing one acre. Upon
this land there are good buildings. Terms cash.
This the 5ih day of May 1896.
JOHN R. MORRIS, Administrator,
of G. C. Morris, deceased
May 7, 1896 5w.
Execution Sale.
Under and by virtue of an execution in my
hands issued out of, and directed to me from, the
Superior Court of Mecklenburg county in civil
action entitled State ex rel F. I. Osborne, solic
itor, etc., againBt F. Lee Erwin and others, I will
sell for cash, at public auction, at the county
court house door iu the city of Charlotte, at 12
o'clock m., on Monday, the first day ot June, A.
D. 1896, to satisfy said execution, all the right,
title, interest and estate of said defendant, F.
Lee Erwin, in and to that certain tract of land in
Steele Creek Township, Mecklenburg county,
N. C, adjoining lands of W. M. Porter, A. R.
Erwin, deceased, and others, bounded as follows:
Beginning at a stake in Porter's line, corner of
Lot 7, and running S. 53 W. 50 poles to a small P.
O. (black oak gone); thence 8. 60 W. 88 poles
to a W. 0-; thence N. 28 W. 11 poles to S. O.
stump; thence S. 17 E. 94 poles to a stake in
the Wright's Ferry Road, corner of Lot 4; thence
with the great road in an easterly course to a
large poplar, beginning corner of Lot 7; thence
with Lot 7 to the beginning; containing 7 acres,
more or less, known as Lot No. 5 in the division
of the lands of W. L. Erwin, deceased.
Z. T. SMITH, Sheriff.
April 30, 1896. 5w
Commissioner's tale of Land.
By Virtura of a Decree of the Superior Court
of Mecklenburg county, in an action entitled
Mrs. L. L. Wheeler, et al, vs James Stedman
and wife.l will, on Monday, the 1st day of June,
1896, at 12 m , at the court house door, in Char
lotte N. C, sell to the highest bidder, at public
auction, for cash, that valuable tract of land con
taining about Eighty two (82) acres, ly
ine in Steel Creek Township Mecklenburg
I county, adjoining the lands of Z. G. Mc-
tjuaig, W. JJ. Mctjuaig, jonn uteaman ana
others, and being described particularly in a
certain deed of trust by James Stedman and wife
Nancy Stedman, to W. M. Little, duly registered
in book 94, page 102, of Register's office for said
county, to which reference is made. This May
2nd, 1896. A. G BRENIZER,
May 7, 1896 4w. Commissionsr.
Trustee's Land Sale.
By virtue of a deed of trust executed to me by
W. P. Dixon and wife on the 3d day ot May,
1894, and recorded in the Register's office for
Mecklenbure County, in book 99. page 58, 1 will.
on Wednesday, the 10th day of June, 1896, at 12
o'clock m., sell to the highest bidder, at public
auction, at the Court House door, in the city of
Charlotte, all that lot of land, described in said
deed of trust, situated in the city of Charlotte,
in the county of Mecklenburg, state 01 Nortn
Carolina, adjoining the landj of J. C. Smith
(formerly) and others, and bounded as follows,
viz : On the northwest by Poplar street; on the
southwest by Ninth street; on the northeast by
property of Franklin Cox (formerly) and on the
southeast by an alley, saia 101 ironiing sixty
feet on Poplar street and running along IX in in
street one hundred and eighty feet; also an ease
ment or right to use forever the alley now
opened on southeast boundary ot said lot: tie
iner the same lot of land that was conveyed to W
P. Dixon by J. C. Smith and wife by deed
dated April 1st, 1890, and recorded in the Regis
ter of Deed's office for Mecklenburg county In
book 70, page 608. Terms, cash.
This 6th day of May, 1896
H. N. PHARR, Trustee.
May 7 4w
THE CHARLOTTE
IS THE
Largest, Oldest and Best Equipped
School
OF ITS KIND IN THE STATE.
Its courses are thoroughly practical, and in
clude: Bookkeeping, both Single and Double En
try; Banking, Joint Stock, Penmanship, Arith
metic, Commercial Law. Business Correspond
ence, Spelling, and Shorthand and Typewriting.
Thoroughly competent teachers. College is
located in Y. M. C. A. Building.
Write for particulars to
JACKSON & HAYWARD,
April 24-tf Proprietors.
COIffiEMAL
COLLEGE
"Mother Has Bad Her Day."
If mother would listen to me, dears,
She would freshen that gown,
She would sometimes take an hour's rest
And sometimes a trip to town.
And it shouldn't be all for the children,
The fun and cheer and play;
With the patient droop in the tired mouth,
And the "Mother has had her day."
True, mother has had her dnva, dears,
When you were her babes three,
And she stepped about the farm and the house
As busy aa ever a bee. "
When she rocked you all to sleep dears.
And sent you all to school; ;
And wore herself out and did without,
And lived by the golden rale. , .
And so your turn has come dears,
Her half is growing white, . ''
And her eyes are gaining the far-away look
That peers beyond the night,
One of these days in- the morning
Mother will not be here;
She will fade away in silence,
The mother so trae and dear.
Then what will you do in the daylight.
And what in the gloaming dim;
And father, tired, lonesome, then,
Pray, what will you do for him?
If you want to keep your mother,
. Y01 must make her rest today;
Must give her a share in the frolic.
And draw her Into the play.
And if mother would listen to me, dears,
She'd buy her a gown of silk.
With buttons of royal velvet,
And ruffles as white as milk.
And she'd let you do the trotting,
While she sat still in her chair.
That mother should have it hard all through
It strikes me isn't fair.
Margaret IT. Sangster.
Flying Machine Flew.
Prof. Bell Describes the Langley Aerial
Boat.
Durham Sun.
Prof. Alexander Graham Bell, promi
nently identified with the invention of
the telephone, who baa taken great inter
est in flying machines, expresses his con
viction that Prof. Langley of the Smith
sonian Intitute has solved the problem of
aerial navigation. He writes as follows:
"Last Wednesday I witnessed a very
remarkable experiment with Prof. Langs
ley's f.srodrorao on the Potomao River.
It seemed to me that the experiment was
ot such historical importance that it
should be made public
"1 he aerodrome, or flying machine in
question was of steel, driven by a steam
engine, it resembled an enormous ' bird,
soaring in the air with extreme regularity
n large curves, sweeping steadily upward
n a spiral path, the spirals with a diam
eter of perhaps one hundred yards, until
it reached a height of about one hundred
feet in the air, at the end of a coarse of
about half a mile, when the steam gave
out, the propellers, which had moved it,
stopped, and then, to my further surprise,
the whole, instead of tumbling down, it
settled as slowly and gracetully as it is
possible for any bird to do, touched the
water without any damage, and was im-
mediately picked out and ready to be
tried again.
"A second trial was like the first, ex
cept that the machine went in a different
direction, moving in one continuous gens
tie ascent as it swung around the circles
like a great soaring bird. At one time it
seemed to be in danger as its course car
ried it over a neighboring wooded prom
ontory, but apprehension was immedi
ately allayed, as it passed twenty-five or
thirty teet above the tops of the highest
trees there, and ascending still further its
steam finally gave out again and it settled
into the waters of the river, not quite a
quarter of a mile from the point at which
it arose.
'No one could have witnessed these
experiments without being convinced that
the practicability of mechanical flight had
been demonstrated."
It is assumed, though Prof. Bell does
not explicitly say bo, that no aerial navi
gator accompanied the machine in the
flights described.
Too Dangerous to Pray.
Lippincott's Magazine.
Uncle Duff, hearing the noise, began
to pray. Aunt Saluda joined him ier
vently; Sam listened stupidly and in suf.
focatiog terror.
f ifteen cannon thundered together,
over beyond the bridge, and a flight of
shells in the air made a prolonged whir
ring noise, followed presently by a rapid
spluttering of musketry in the woods at
the lower edge of the plantation. The
regiment- went across the field at double
quick step, knocking over the fences as
they came in the way.
Oh, good Lor,' ef ye kin spa' de ole
man er leetle bit longer " began Un
cle Duff, but his prayer was interrupted
by an explosion on both sides of the
river, rival batterios thundering at one
another, and opposing lines of infantry
exchanging long roiling volleys.
Mrs. Farrow saw the cavalry scurry
away from their lurking place under the
river bank and disappear in the woods,
while four or five heavy field guns, drawn
by panting and over-worked bones,
trundled rapidly along the red clay road,
the drivers whipping and swearing.
After a few rounds there came a short
lull in the bombardment, during which
a singular serenity pervaded the air and
sky.
"Dar, now, Lor', stop de wa right
beah, and ler de ole darky "
But Uncle Duff sprang to his feet as
another awful cannonade began, and a
shell burst on the railroad track in front
of the door. He forgot his prayer.
"Hell an' fury!" he cried, '-dat's dan
geroust Gi' me my hat, for de Lor'
sake. I'ee gwine cuten yerl And he
rushed through the back doorway and
across the garden to the woods, followed
by Sam and Aunt Saluda.
Uncertain Effect Mrs. Flynn "Wb:n
I doie, Moike, wull yez miss me muck?
Mr. Flynn "Oi'll tell yez whin yes be
dead, rbaix, Urm not a fortin' teller.
Truth.
Marriage of the Goddess of Liberty.
Chicago Times-Herald.
The announceinant that the Goddess
of Liberty is about to be married has
aroused new interest in the woman whose
face is known to more people than that
of any other woman on the Amerioan
continent. Every man, woman, or ohild
who has a silver dollar carries the hand
some profile of the Philadelphia school
teacher, Miss Anna W. Williams. It is
twenty years since the pretty blonde girl
became world famous, it was then stated
that Miss Williams' profile was the orig-
nal 01 the fjroddess ot liberty on that
much abused, much admired and equally
mucb disliked Island silver dollar. The
friends of the young woman placed every
obstacle in the way of possible identifica
tion, but tailed in their object. The story
of how Miss . Williams . came to be the
Goddess of Liberty may be retold, now
that it is said she is soon to become a
bride.
In the early part of 1876 the Treasury
department secured, through communi
cation with the royal mint of England,
the services of a clever young designer
and engraver named George Morgan.
Upon his arrival in this country Mr.
Morgan was installed in the Philadelphia
mint and was assigned the task of mak-
ng a design for a new silver dollar. After
many months of labor the young engra
ver completed the design for the reverse
side of the coin, upon which he repre
sented the American eagle. His attention
was then turned to the other side, and
his original inclination was to place on it
a fanciful head representing the Goddess
ot Liberty. But the ambitious designer
was too much of a realist to be satisfied
with a mere product of fancy. Finally
be determined the bead should be tbe
representation of Bcme American girl, and
forthwith diligently searched for his maid.
It was a long search, although pleasant.
He told his friends of his desire, and ona
of them spoke of the classio beauty of
Miss Anna Williams. The .English de
signer was introduced to the girl. Mr.
Morgan was at once impressed by her
beautiful face and studied it carefully.
Then he told her what be desired, and she
promptly refused to permit herself to be
tbe subject of the design. Her friends,
however, induced her to pose before an
artist.. After five sittings the design was
completed. Mr. Morgan was bo enthu
siastic that be declared Miss Williams a
profile was the most nearly perfect he had
ever seen. His design for the Bland
dollar was ascepted by Congress, and so
the silver coins have been pouring from
the mints all these years adorned with a
stately face of a Quaker city maiden.
Miss Williams is a decidedly modest young
woman. She resides on Spring Garden
street, not far from the school in which
for years she has been, employed as an in
structor in philosophy and methods in
tbe kindergarten department. She car
ries ber figure wih a stateliness rarely
seen, and the pose of ber head is exactly
as seen on the silver dollar. The features
of Miss Williams are reproduced as faith
fully as in a good photograph.
She is slightly below tbe aveaage
height, is rather plump and fair, with
blue eyes. Her nose is Grecian, and her
hair, which is almost her crowning glory,
is golden in color, abundant in quantity
and of wonderful lightness of texture,
the soft coil in which it is worn being es
pecially becoming.
True Friendship.
Baltimore Sun.
Adversity is the only sure test of
friendship. While a man is prosperous
and makes no demands upon any one for
sacrifices he can command troops of so
called friends, but he will never know
who are his true friends until he has been
obliged to call upon them for help of
some kind. The money test is not the
surest or best, but that alone when ap.
plied will prove the hollowness of much
professed friendship, but it is not infalli
ble because some men set little value upon
money; they give it away more freely
than they would their time or their com
fort. The true test comes when one is
asked to make a real sacrifice for the sake
of a friend to act unselfishly. Friend
ship is love in a restricted sense, love ex
isting between persons not bound to
gether by ties of blood or of affection
whose fruition is marriage, and it should
have all the qualities of true love con
sta oy, devotion, an unselfish desire to
serve, it is when tbe subject 01 such
love is in distress that true friendship
exhibits itself at its best, and it is just at
this time that lalse friends fall away;
their friendship has been a sham, and the
mask falls from them when they are
called upon for something more than mere
lip service.
Tbe hardest trial through which a real
friend has to pass is when he has to deal
with a subject who has become unworthy
and as to whose treatment be finds him
self beset by conflicting duties. Suppose,
for example, a man commits a crime. lie
is arrested and bis friend comes to his as.
sistance, but in spite of all efforts, convic
tion follows and the subject is now a
felon. Is it the duty of tbe friend to
permit the law to take its course, or is it
his duty to aid in getting bis triend par
doned without regard to the interests of
society or to the demands of justice?
Suppose that he should now fall away
would that be a proot of tbe insincerity
of his friendship? It would not. It is,
however, a great trial to friendship when
for any cause an appeal is made on behalf
of an unworthy person. It might fairly
be claimed that because of his un worthi
ness be had forfeited all claims to friend
ship, but that is scarcely true. Love is,
or should be, constant, even when be'
stowed upon the unworthy.
An Unworthy Effort
Springfield Republican.
Two New York Sunday papers (the
World and the journal), hot rivals now
in price and quality, are printing week
after week pages that reek with tbe rec
crds of crime and the doings of crimi
nals. They are carrying suggestion and
pestilenee into uncounted homes, and we
respectfully suggest that reputable papers
in Boston and .New England refrain from
enterine.the field of that competition. It
is an' unworthy effort and an outrage on
the public.
The Clearing Honse System and Methods.
Public Opinion.
Probably there is no other subject of
equal moment about which the public,
including very many otherwise well
informed business men, have so little
practical information. Many know and
appreciate the fact that the clearing
house is a convenient and timesaving
agency for the interchange of checks be
tween banks, and this very likely is the
extent of their knowledge on the sub
ject. Primarily the clearing house is a local
association of banks for tbe purpose of
"effecting at one place tbe daily exchanges
between the several associated banks,
and the payment at the same place of
the balances resulting from such ex
changes." In the intercourse between
banks it has brought order out of chaos,
and has been tbe means of replacing uu
safe, unbusinesslike, and wasteful meth
ods by a system of almost perfect accur
acy and safety. It has made small sums
of money do the work of millions. It has
time and again broken the force of panics
and saved communities, or the whole fi.
nancial fabric, from utter demorilization
and ruin. Through the reports that are
published weekly, coming from every as
sociation in the land, it is possible to form
a fairly accurate opinion of business con
ditions, and as tbe figures are usually
published in parallel columns with those
of former years we have before us an
almost unfailing index as to whether
business is better or worse. Then again
each clearing house is a protection to
itself, that is to each individual member,
as though a system of periodical reports
and constant liability to examination, ex
cessive loaning and other forms of bad
management are kept in check. In pro
tecting itself the clearing house protects
"outside banks" and tbe whole commun
ity of which it is a part, and of course
this restrainining influence, operating in
its various parts is felt to a most salut
ary extent through tbe whole body finan
cial.
But it is in times of panic and finan
cialjdistrust tnattbis influnce is felt in the
most marked degree, and in various ways
The Bimple knowledge that a number of
banks, among them tbe strongest and
best managed in the community, are
banded together for a common purpose,
and for mutal counsel and protection, has
a pronounced moral effect upon the pub
lic mind tending to allay fear and pro
mote confidence. At several periods in tbe
financial history of the country a num
ber of the clearing houses (notably those
of New York, Boston and Philadelphia)
have taken more active measures, and by
the issuance of "Clearing House Certi
ficates,' be used in payment of balances
at tbe clearing house, have relieved some
of their members from the necessity of
using their currency tor that purpose.
These certificates are issued by the clear
ing bouse under the direction of a com
mittee, and backed by the credit of the
whole association. They are current of
course only within the clearing bouse
itself. How far tbis practice may. legU
timately and safely be carried is not
within the province of this articlo to
discuss. In a recent address Mr. Simmons,
president of the Fourth National Bank of
New York city, maintained that "in
American finance it is as powerful as the
tbe iiank 01 Jingland in .English finance.'
As early as 177d a system of clearings
was in use by the banks of London, at
east to the extent of having established
a central office at which the exchanges
were made and tbe balances settled. Al
though the idea was suggested in this
country as early as 1831, it was not until
22 years afterwards that the New York
Clearing House Association waa per
manently established. From that begin
ning has been developed, step by step, the
wonderful system which is now in oper
ation, not only in New York but in some
form in more than 80 cities and towns
in the United States. In early days it
was the custom to settle the debits and
credits between banks each day by aieans
of porters who carried the checks and
currency in settlement of the resulting
balances from bank to bank, a most
prodigal expenditure of time and labor
as viewed in tbe light of latter experi
ence, to say nothing of tbe risk of loss
in tbe carrying of numerous sums of
money through the public streets.
In each 01 tbe large cities there are a
number of financial institutions, trust
companies, savings banks and banks of
small capital that are not members of the
Clearing House Association. It is not
safe to infer, however, that these outside
banks are necessarily weak or small con
cerns. Some 01 them are strong well
managed, and conserative institutions
that for reasons of their own, .or because
their business is such that the require
ments 01 tbe clearing house will not ads
mit of their becoming members, remain
out side tbe pale and clear their checks
through a regular member. It is true
however that tbe great majority of tbe
large and strong banks belong to the
Clearing House Association.
A few words as to the method of "mak
ing the clearings," by which is meant
tbe operation of exchanging checks be
tween a number of banks, an exchange
that is accomplished in from five to ten
minutes. There are many thousand
checks aggregating in value millions - or
possibly bundrels of millions of dollars
Tbe work is done in one large room capa
ble of holding, without crowding the re
quisite number of workers, at least two
from each bank. At a counter or at desks
set side by side are spaces allotted to each
bank in regular rotation. The manager
is so placed that he can overlook the
whole operation and control the body of
workers over whom he has supervision.
Some minutes before the hour appointed
for tbe 'clearings" to begin the "settling
clerks, "delivery clerks," and other bank
Highest of all in Leavening Power. Latest U. S. Gov't Report
iiSJDr
LI v C
messengers begin to arrive with their
sheets, books and checks. The latter are
done up in compact, secure packages, and
having been carefully assorted before
leaving tbe respective banks, and each
package marked with the name of
the bank on whioh the checks
therein are drawn, and also with the
amount represented. Upon the man
ager's deak is a sheet ruled in four col
umns, headed respectively, from left to
right, "Balance due to Clearing House,"
"Banks Dr.," "Bank Cr.," "Balance due
to Bank," the names of the members
(banks) being on the margin. As the
bank representatives come in they deliver
at the manager's desk a ticket giving the
total amount of the checks sent by each
bank, which is entered on the manager s
sheet , to the credit of such a bank.
The settling' clerk takes his 1 place on
tbe inside of his desk with his sheet or
book in readiness. The delivery clerks
stand outside with the checks and sheets
on which are entered the various amounts
they hold against other banks. Precisely
at the appointed hour (if all tbe members
are represented) at a given signal tbo
delivery clerks march in regular process
sion arounU tbe outside of the desks, de-
ivering to those on the inside their re
spective bundles of checks and taking
receipts tberetor. il.se b settling clerk
enters the various amounts to the credit
of the presenting banks in rotation,
and when all have made the rounds, raps
idly adds tbe column, and (having already
the amount brought from his own bank)
computes the balance Dr. or Cr., and fill
ing out a ticket in accordance with the
result delivers it to the manager's desk,
when it is entered. When alt are thus
received the manager's sheet is "footed"
and if the two sides correspond the work
is pronounced correct, and the exchanges
are completed.
Should there be a discrepancy tbe work
must be gone over until the error is found,
for no settling clerk is allowed to leave
tbe clearing house until the werk bal
ances "to a cent." Of course this operation
requires tbe greatest accuracy and dis
patch and the most rigid attention to tbe
matter in band. To insure this tbe code
of rules and regulations is exceedingly
strict, and the workers are prompted to
extra diligence by the prospect ot a fine
of several dollars in case errors are not
found and corrected within a given time.
The same incentive is applied to insure
prompt attendance and a quiet and orderly
deportment. The settlement of balances
is accomplished at a later hour, tbe mom.
ods varying somewhat in the different
clearing houses, in some the balances
are all paid in actual currenoy, or in cer
tificates representing currency, in others
the banks trade their balances in whole
or in part, or those having credit balances
oan them to tbe debtor banks untu tne
following day, charging interest therefor.
in some of the smaller clearing bouses
the manager does tbe settling by draw
ing against the debtor banks in favor of
those baviug credits, going down tbe
sheet from side to side until the balances
on both Bides are disposed of.
The Virtues of the Apple.
Dr. G. It. Searlea, Detroit Bulletin of Pharmacy
The apple is such a common fruit that
very few persons are familiar with its re
markably efficacious medicinal properties.
Everybody ought to know that the very
best thing that they can do is to eat ap
ples just before retiring for the night.
Persons uninitiated in the mysteries of
the fruit are liable to throw up their
bands in horror at the visions of dyspep
sia which such a suggestion may sums
mon up; but no harm can come to even
a delicate system by tbe eating, of ripe
and juicy apples just before going to bed.
The apple is excellent brain food, because
it has more phosphoric acid in easily di
gested shape than other fruits. It ex
cites the action of the liver, promotes
sound and healthy sleep, and thoroughly
disinfects the mouth. This is not all.
The arple helps tbe kidney secretions and
preveLiS calculus growths, while it ob
viates indigestion and is one of the best
known preventives of diseases of the
throat. Everybody should be familiar
with such knowledge.
One Hundred and Fifteen Years Old.
Rutherford Democrat.
Mrs. Nancy HollifieM, who lives near
Eilenboro, in this county, is tbe oldest
person in the State, if not in the world.
Her age is 115 years. She is bright,
cheerful and talkative. Some two or
three years ago she fell and injured ber
hip, and since that time has been con
fined to ber bed. Her health is good and
she eats heartily.
Tbe Yonng
are made prematurely aged by diseases
(alas, how prevalent 1) which make them
pale, listless, low spirited, morose or irri
table in temper, easily tired, forgetful and
incapable; fill mad-houses and swell the
lists of suicides; separate husbands and
wives; bring untold suffering to millions,
even to the third and fourth genera
tion. A complete and scientific treatise
on these ailments, their symptoms, na
ture and proper management, prepared
by those who have had a vast and sues
cesstul experience in their treatment and
cure, will be mailed, secure from obserras
tion in a plain sealed envelope, to any
one sending enclosed with this notice ten
cents, for postage, to World's Dispensary
Medical Association, 663 Main street,
Buffalo, N. Y.
Gawge How much does your bicycle
weigh?
Cholly Fifteen pounds, tbe agent
said; but so long as the last installment
isn't paid, it weighs about two tons on
my mind. SummervUU Journal.
(6?