r
& 1! I'is m
POL. IX.
LINCOLNTON, N. ft, FRIDAY, JUNE 7, 1895,
6.N0.
I u
j
for Infants and Children.
hflOTHERS, Do You Know that Paiegoiic,
jyy baUiniao's lrops, Godfrey's Cordial, xnr.ny so-called Soothing Syrup, and
laost remedies for children are composed of opium or morphias 1
Do You Knor that opiuia and morphine are stupefiig narcotic poisoua r
Do You Know that in luost countries druggists arc not permitted to sell narcotic
vdit&ut lattlisg them poisons f
Do You Know that you should not permit any medieino to ho given your chili '
' ULu-ss you or your physician know of what it is composed r
Do You Know that Ca.toria la a purely vaget&blo preparation, and that p. list of
lis iLfc-redioiiU Is published with every Lottie r
Do You Know that Ca-.toria is the prescription of the famous Dr. Samuel Pitcher.
TUt it Lus born lu uso for nearly thirty years, and that luora Castoria is now sold than
if ul otLtr remedies for children combiued f
Do You Know that tho Patent Office Department of the United States, and of
c tU r entries, have issued exclusive right to Dr. Pitcher and his assigns to use the word
' Cufctoiia " and its formula, and that to imitate them is a state priaon offense 1
Do Yon Know that one of the reasons fur granting this government protection vai
tcauso Castoria had Leca proven to be absolutely Larmlasa?
Do You Know that 35 avert doses cf Castoria are furnished for 35
tenth, or one cent a dose r
Do You Know that when possessed of this perfect preparation, ycur children may
It- kcj.t well-, and that you may have unbroken rest 1
"W ell these things are worth knowing. They are facts.
The fr3-hlmlle
signature of
Children Cry for Fitcher'o Cactorla.
4 Kit A hn.ii x k k A A k kkAhlLAAAiL.M.AJUiAsL A.xJlxn.tLMAAA)iAt.KAkm0
JUDGE WALTER CLARK
x
s
S
USES AND ENDORSES THE
OCT
DCS
est
TRASS
(at
aK.
'Cures when all
y
4 N.irih Carolina Supremo Court.
4 W I T r K CI. ARK, AS6XIATE Jl STICK.
J Ralkioh. N. C, Jan. 25, 1-91. J
i W l,,trc fmnil the ElectropriUe very valuable espe- ;
. i li.it ti.i cl.iMrtn. i got one lust May, and I am sure I i
4 s;ive.l Hire tluifg its cost already lu doctors' end
. .(run -tiu Mils. From my experience with It, and ob-
J f .-li. a, I can suf. ly it'vOiiiiucnd it.
Your truly, Walter Clark, i
i .,..,.................
BO YOU SMOKE ?
HAVEvou SmOKED?
Will, Y3J SM1E?
"Old Red House"
SmOKING TOBACCO
MILD & SWEET-
liy u vuve. Ask for it.
lilLN.YOU WILL DEMAND IT.
ice pipe Htid bent stem given
Uh ciicb 'J z. sack for 5 cents.
Merchants
Do you wish a quick seller ?
If so write for sample of
"OLD RED HOUSE"
Booking Tobacco Manufactured by
HILLSBORO N- C.
V'e alfso have a good line of chew
!fi? tnKnnnn TT : i. r i .1
Jastory price?. 3m.
i
j A HOUSEHOLD TREAfcUKfi
j. W Fuller. Canftjoharie, N Y, says
pi he always keeps Ur- King's New Dis
fovery iQ ij0Ui.e and hig famjiy ba3 fti
'yi touud the very best results follow its
?e; .that he would not be without it, if
procurable. G A Oykeman Druggist,
UUkill,NY, . gaya chat Dr Kind's
-ew Dishovery ia utidouably the best
yH remedy; that he has used it in hia
iJ?l'y fr eight years, and it has never
T1 V U do aU lhat i3 clamed for it. Why
i m a remedy so long tried and tested.
LlnJbottle tree at J M Lawing Drug
tore F.egilar Bize 50c aud 1,00
L bj vai tfck," e gare her Castoria.
t wM a CLUi. the cried for fatorl
1 gba became Mlaa, she clung to Castorl.
1 Ud CLDitia, aha them Castor
it on every
wrapper.
3
cUo fail.-.
Investigation
Invited..
BOOK FREE.
Electrolibration Co.,
345 FOURTH AVENUE,
NEW YORK.
83
Professional Cards.
DENTAL JNIOTICE.
Dt. A. W Alexander will b& a
bis office at Lmcolntoo, June, Au
cost, October, December, Feb
ruary and April. Will be in Mt.
Holly, July, September, November,
January, March and May.
Patronage solicited. Terms cash
and moderate
A 3iew uauger.
A preat dancer threatens hei
people of the South. An evil that
is steadily growing, and unless
obacked will cause great misery and
saffenng. Liver Medicine?, called
by all sorts of names, are bein
sold to the druggist to be banaedl
to the people wheu they call for
Simmons Liver Kegtlator. Beware I
There never has been more than
oue Simmons Liver Regulator ou
the market. Take nothing else
The person who tries to persuade
you tbat anything else is just the
came is not to be eelied upon, no
is the dealer to be trusted who tries
to sell yon another article in it
stead, lou know what Timmoxts
Liver Regulator is, because it bag
done jou good. No; dont be decived
into trying anything else. Waic
until the Old Friend, Simmons
Liver Regulator, has failed yon.
then will be tine enoogh to try
something elao Remember, Sim
mons Liver Regulator is what you
want. It is put np only by J. II.
Zeilin & Co., and a Red Z is on
every package.
While in Topeka last Marco, E T
Barker, a miomment newspaper
man of La Cygne. Kan., was taken
wiah cholera morbus very severely.
The night clerk at the hotel where
be was stopping happened to have a
bottle of Chamberlain's Colic, Chol
era and Diarrhoea Remedy and
gave him throe do es which relieved
him and be thinks saved his life.
Every family should keep this rem
edy in their home at all time?. No
one can tell how eoon it may be
needed. It costs but a trifle and
may be the means of saving ranch
suffering and perhaps the life of
some member of the family. 25 and
50 cent bottles for sale by Dr W L
Crouse, Draggist.
FOR SOUND MONEY.
MB. CARLISLE AT COV-IXTOX.
The Foliy of ltt lol Free
Silver.
(Continued from last week )
In May, 1805, President Jeffer
son stopped the coinage ot the sil
ver dollar and during a period of
thirty-on9 years, thereaf ter, not a
single standard silver dollar was
coined at the mint of the United
States; but, under the act of 1792)
the subsidiary coins were of full
weight as compared with the dol
lar and were of legal tender, and
these coins, with Spanish dollars
French crowns or o franc pieces
and bank notes constituted our
circulating medium. Gold having
disappeared from circulation, Con
gress determined, in 1834, to bring
it back by changing the ratio. The
act of 1834, supplemented by the
act of 1837, provided that the le
gal ratio should be 1G to 1 ; that
is, that 16 pounds of silver in the
coins should be equal to 1 pound
of gold in the coins, and the effect
of this was to drive silver out of
circulation and substitute gold in
its place, because (silver was under
valued and gold was over-valued.in
the statute. One pound of goidi
coined or uncoined, was not, in
fact, worth intrinsically or com
mercially 16 pounds of silver,
coined or uncoined, and, thereforej
the coins of the two metals could
not circulate together at that ra
tio. The authors and supporters
of this law well knew what the ef
fect of such a legal ratio would be
in case it did not conform to the
commercial ratio, but the great
object in view was the restoration
ot gold to the circulation, and all
other considerations were subor
dinated to that. Doubtless many
of them still believed that the so
called double standard could be
maintained, and that the eoins of
the two metals could be kept in
circulation together at the new ra
tio ; but they were mistaken. Sil
ver went out and gold came in.
The gold basis was established in
1834, by the practical operation of
the ratio, just as completely and
effectually, as if it had been ex
pressly declared in the statute
Here, then, were two experiments
in the tree coinage of two metals
in the countr)r, covering a period
of eighty-one years, at legal ratios
very nearly corresponding to the
real relative values in the commer
cial world, and they both failed
in one case because silver was
over-valued, and in the other case
because gold was over-valued. A
very small percentage of difference
between the legal ratio and the
commercial ratio lias always boen
found sufficient in modern times
to drive the under-valued metal
entirely out and substitute the
other, or . paper based upon the
other, in its place,and no Congress
or Parliament can repeal or altar
the natural law or trade by wnicb
this movement of the metals is
governed.
It 1852 Congress, in order to
maintain the circulation of subsi
diary coins half-dollars, quarters
and dimes reduced the weight of
the metal contained in them and
made them legal tender only in
the payment of sums net exceed
ing five dollars in amount. Un
der this act the value of the bul
lion contained in two half-dollars,
four quarters or ten dimes was not
equal to the value of the bullion
contained in either a gold or silver
dollar, and consequently these
small limited legal-tender coins
went into circulation and remain
ed in use until expelled by the
cheaper paper currency issued dur
ing the "war; not being full legal
tender, thev could not drive out
, - -
the gold coins.
This was the condition of our
monetary system at the time the
act of 1S73 was passed. Our legal
position was M-metallic, but our
actual measura of value was gold,
and our actual circulating medium
was paper, with a purchasing pow
er measured by the gold standard.
We had no silver and it had no
influence whatever on our prices or
on our abiUty to pay debts. The
act of 1873, therefore, did not. and
could not, take away from the
peopla of the United States any
aduantge they then poseeiaed,but
it did prevent the coinage of full
legal-tender silver, dollars there
after, and the act of 1 874 destroyed
the debt-paying power- of fhe old
standard dollar coined before 18
73, except in sums not exceeding
five dollars. If there had been
any such dollars in circulation or
existence here this latter act would
have abridged the ability of debt
ors to discharge their obligations'
but as there were none, it had no
practical effect at that time.
Thus we remained until 1878,
We have tried to keep the legal
tender coins of the two metals in
circulation at the same time, un
der a system of free coinage, but
had utterly failed. In 1878 a new
policy was adopted, and it was de
termined to restore the standard
silver dollar to tha coinage and to
circulation with full legal-tender
qualities, not by opening the mints
to its tree and unlimited coinage
on individual account, as is now
proposed, but by providing for the
purchase and coinage of not more
than four million dollars' wortln
nor less than two million dollars'
worth of silver bullion each month
by the government itself. Under
this act, and the so-called Sherman
act, and the act providing for the
re-coinage of the trade dollars,
jhere have been coined at the
mints ot the United States and put
into circulation during seventeen
years, $397,652,873 in full legal
tender standard sliver, as against
$8,030,000 coined during the whole
previous existence of the govern
ment a period of )eighty-mne
years. In other words, there have
been coined and put into circula
tion anion? the people, in coin it
solf or in certificates issued upon
it, nearly fifty times as many legal-tender
silver dollars as were
produced at the mints of the Uni
ted States from 1792 to 1878, and
and yet some gentlemen are writ
ing books and making speeches to
convince their fellow-citizens that
silver is demonetized in this
country. There was never in our
whole histosy one-third as much
legal-tender silver in use in the U
nited States at one time as there
is now, and it 13 used without de
priving us of all our gold, which
was never done before. Silver is
not demonetized in this country?
but its coinage has been so limit
ed and regulated by the law and
the financial affairs of the govern
ment have been so conducted that
up to the present time its purchas
ing power has been preserved and
its circulation to a large amount
has been maintained concurrently
with other forms of money, not
withstanding it has been coined at
a ratio which does not conform to
the real value of the metal con
tained in it. I repeat that silver
is not demonetized, and the ques
tion presented to us by the agita
tion now going on is not whether
it shall be demonetized in the fu
ture, but whether the mints of the
United States shall be thrown
open to all the silver in the world
that any individual or corporation
may desire to have coined, free of j
charge, into legal-tender dollars
that, is legal tender in the United
States only at the ratio of 16 to
1. In other to discuss tbi9 subject
intelligently we must understand
distinctly what is proposed by our
opponents, and fortunately there
is no difficulty upon this Doint.
Free and unlimited coinage of
full legabtender silver dollars at
the ratio of 16 to 1 means that our
law shall be so changed that any
owner of silver bullion may send
it to the mints and have it coined,
at the public expense, into dollars
each containing !412 grains of
standard silver, the dollars when
coined to be delived to the own-
er of the bullion, and all the peo
ple of .the United States to be
compelled by law to receive them
as dollars in the payment of debts,
although not intrinsically worth
more than fifty cents each. The
25 8-10 grains of standard gold
contained iu a gold dollar is worth
100 cents, or the equivalent of 100
cents, all over the world, in silver
standard countries as well as in
gold-standard countries, and it is
worth just as much before it is
coined as afterwards ; but the 412
grains of standard silver contained
a silver dollar are not worth any
where in the world more than a
bout fifty cents. Or, to put the
statemeut in a different form, 16
pounds of silver cannot be ex
changed for 1 pound of gold anv
where in the world, but it re
quires about 22 pounds of silver to
procure 1 pound of gold every
where. But some one may say
that this is not a fair statement,
because it measures the value of
silver by gold. Tho answer to this
objection is that the statement
does not attempt to measure the
value of either of the metals, but
simply to compare them, one with
the other, and that for the purpose
of making the comparison the val
ue of gold is determined by its pur
chasing power in the markets of
the world, and the value of silver
is determined in the same way7.
Sixteen pounds of silver bullion
will purchase only about one-half
the quantity of commodities any.
wlnre that 1 pound of gold bullion
will purchase, and this purchasing
power is the true test of their act
ual and relative values. In the
United States 16 pounds of silver
coined into dollars, will now pur
chase as much a$ 1 pound of gold
coins, but this would not be the
case under a system of free and un
limited coinage on individual ac
count. The coinage of silver dol
lars here has been limited by law
tor the purpose of preventing an
excessive issue, and they have been
coined by the government on its
own account and paid out for pub
lic purposes as dollars of full val
ue, and consequently the govern,
ment is bound by every considera
tion of good faith, to say nothing
of the positive declarations con
tained in the statutes, to keep th6m
as good as gold, or, in other words,
to maintain the parity of the two
metals; and this it has done and
will continue to do as long aspres
ent system is to be abolished and
a new one established, so that
private indiyiduals and corpora
tions can' have their own bullion
coined at the public expense and
have the coin delivered to them
for their private use, the govern
ment would be under no obliga
tion whatever, legal or equitable,
to keep them as good as gold, and,
in fact, it would be impossible
for it to do so, because the coinage
would be unlimited and the vol
ume of silver in circulation would
become so great in proportion to
the gold the government could
procure that the attempt would
necessarily fail. The most ex
treme advocates of free coinage
have not yet ventuied to suggest
that the government would be uu
der any obligation to guarantee or
maintain the value of silver dol
lars coined without charge for pri
vate parties, and without such
guarantee it is clear the dollar
would be worth no more than the
commercial value of the bullion
contained in it, just as the Mexi
can dollar is now. I admit that if
the United States could coin with
out charge to the owners all the
silver in the world available for
coinage purposes, 512 grains of
standard silver, in bullion, would
be worth as much in this country
as a silver dollar ; but the real
Question is. What would the silver
dollar itself be worth? That it
will not be equal to our present
unit and standard of value is not
only admitted but openly urged as
one of the chief arguments in fa
vor of its free coinage. Lvery
where the people are being told
that under free coinage it will re
quire twice as many dollars to
procure any giviii quantity ot
commodities as are required now,
and this means, of course, that
the money will be only one-half as
valuable as it ia now. When the
public judgment is finally passed
upon this subject I think it will
be found that the paople of the
United States are determined not
to have a depreciated dollar,
whether it be gold, silver or paper-
Thay are undoubtedly entitled to
have for use in their business just
as good money as any other people
in the world have, and no political
party that attempts to deprive
them of it will ever enjoy tneir
confidence or receive their suffrag
es
Those of us who oppose the frse
coinage ot silver at the ratio of 16
to 1 are proposing no chauge in
the measure or standard of value
now existing, nor are we propos
ing to discontinue the uso of s'lver
as money. I have never been, and
am not now, unfriendly to silver
in the sense of desiring to ee it
excluded from the monetary sys
tem of the United States, ur of any
otlier country, but I know that it
cannot be kept in circulation along
with gold by means of any ratio
the law of anyone country may
attempt to establish between the'
two metals, and that the only way
to secure the use of both at the
same time is to make oue of them
the standard of value and so limit
the coinage of the other that the
government which issues them
and receives them for public dues
may be able at all times to main
tain their unchangeability, either
directly or indirectly through the
operation of its fiscal system. I
am, therefore, in favor of the pres
ervation of the existing standard
of value with such use of full legal-tender
silver coins, and paper
convertible into coin on demand,
as can be maintained without im
pairing or endangering the credit
of the government or diminishing
the purchasing or debt-paying
powrer of the money in the hands
ot the people. This is what I
mean by the terui3 "sound mon
ep," and, in my opinion, it is what
is meant by an overwhelming ma
jority ot the opponents of free
coinage at the ratio of 16 to 1.
This is neither gold mono-metal-lism,
but it means that one stand
ard or measure of value shall be
maintained, and that all forms of
standard coins in use shall oe kept
equal to that standard in the pur
chase cf commodities and in the
payment of debts. Any policy
which would discontinue the use
of silver as money, by direct legal
enactment or by under-valuing it
relatively to gold in the coinage
laws, would certainly result in
practical gold-mono-metalli3m,and
on the other hand, it is equally
clear that any policy which would
discontinue the use of gold a3
money, by legal enactment or by
under-valuing tbat metal relative
ly to silver in the coinage laws,
would result in practical silver
mono-metallism. Free and un
limited coinage at the ratio of 16
to 1 would at once establish silver
mono-metallism, pure and simple,
for, as already shown, the coins of
the over-valued metal will ulti
mately drive the coins of the other
out of circulation and out of the
country, even when the legal ratio
yariea but a small fraction from
the commercial ratio, but the ex
pulsion of the the undervalued
coin from circulation would be in
stantaneous when its value is real
ly double the value of the other
How long do you suppose the $625,
000,000 of gold in this country
would remain here and bo used as
money under such a policy? The
banking and other great financial
institutions, which own and hold
in their reserves mucn the PTeater
part of this gold, would at once
sell it at a large premium for sil
ver about two dollars for one
dollar or they would exchange it
for silver bullion in the maaket at
the Jatio of about 32 pouudi of
silver for each 1 pound of gold,
have the 32 pounds of silver coined
into dollars at the expence of tha
expense of the people, and with
this cheap mo ney pay the demands
of their depositors and other cred
itors. The masses ot the people
cannot do this, for .they have no
gold no: have they any silver bul
lion to be coiued at the expente of
the government.
But it is said that although th
masses cf the people have no bul
lion, many of them are in debt,
and that the coinage of silver
would increase prices and give
them mors money, thus enabling
them to discharge their obligations
more easily. The merit of this
argument will be judged by each
individual according to the view
which ho may have taken of the
nature of his obligations to the
people who have loaned money or
sold property to him. If a man
who has borrowed a thousand dol
lars in gold, or its equivalent, and
has promised to pay it, or has pur
chased a thousand dollars' worth
of anotherman's property and
promised to pay for it'in the stand
ard money recognized by law at
the date of his contract, believes
that it would be just and honest
to discharge hi& obligation in a
new stannard worth only half as
much as the money he borrowed
or the property he purchased, he
would appreciate and indorse this
argument anu it would be useless
to discuss the question with him,
Hut if, as I have already endeavor
ed to show, the immediate effect of
the adoption of a free-coinage
policy at the ratio of 16 te 1 would
be to contract the currency to the
extent of about $625,000,000, by
the withdrawal of that amount of
gold from circulation and from
use as the basis of notes and other
torma of credit, prices would not
even nominally advance. On the
contrary, for the time bang at
least, this contraction would great
ly reduce prices, because it would
alarm the country, decstroyredit,
and undoubtedly produced tha
most serious financial disturbance
this country has ever witnessed
Continued on last page.)
I have two little grandchildren
who are. teething this hot eammer
weather and are troubled with bow
el complaint. 1 give them Cham'
Oer Iain's Colic, Cholera and Diar
rhoea Remedy and it acts like a
charm. I earnestly recommeod It
for cbddren with bowel trouble?. I
was myself takin with a severe at
tack of bloody flux, with era a pa
arid pains in roy stomach, one-third
of a bottle of this remedy cured me
Within twentv-four hours I was one
) bed and doing my boose wort.
Mrs. W. L. Danagan, Bon-aqaa,
Bickman Oa, T.nn For sale by
Dr W L Crouse. Druggist.
Why don't somebody muzzle
Colnnel P. BMeans? Whether in
or out of he is always rantankerou
s.He was not tho only man or get
tlemanin the last State Demo
cratic. Convention. And as he
brouffht none into the world he
can take out precious little know
ledge out of the world with him.
Press & Carolinian.
Sometime ago I was troubled with
40 attack of rheumatism. I ased
ChacoberUIn'4 Pain Balm and was
completely cured. I have s:oce ad
vlsetl rrany ot mp friends and cus
tomers to try the remedy and all
"peak highly ot ir. 3 mon Gold
Dinm, Sao Luis Rey, Cal. For sale
by Dr. W L 7rooe. Druggist.
Tour Physical C? ondltlon
Deeds attention at this time. If
you are tired, weak and nervous, it
is clear that your blood i? impure,
tod without doubt there ban been
too much overwork or strain on
Lrain and body. The cooree of
treatment for such a condition in
nlain and simple. Tbe blood rouit
first be purified so that tbe nervous
system, and in fact all tbe organ
will be led upon pure blood. In'tl-.
'witit people -Mtliout nufiiher time
f rtifit-d that ti-e best blood puntlrr
erve tonic a: d strength imparting
medicine is Hood's SareapanKa.
Nervoo8nes, loss of seiep and gen-
ml debiuty all vanish when floods
Sarsaparilla is persistently taken ;
ia a word, health and bappiuess fot
low after taking Hood's SarsniunK
Ia.
I