North Carolina Newspapers

6 .' ! . - - THE SUB-TREASURY BILL. The Two Questions Are : The -'and Financial Reform. Tariff Our Correspondent Says lhat the Reform of. the Tariff, is .Greatest, and Dhcusses Favorably the Sufcy . Treasury Will Cor. of State C hronicle.l , Goldsboro, N. Qr, Sept. 1. t890. There are two questions of vast mo ment before the American people. These are the reform of the tariff and a reform of the financial system. The first of these is the most important; but as it is old, and so associated with partisan politics, I despair of saying anything new or useful on the subject. I will, therefore, address myselt to the second. . . Gold and silver have for 'a long while been the basis for the currency. All other currency other than gold and silver has been redeemable in gold and -silver. The supply of gold and silver has always, in cases of emer gency, been inadequate to the demand, and there has always been deprecia tion of the paper money, and tem porary or permanent suspension of specie payments. In Venice, for 650 years, they had a system by which an irredeemable certificate of deposit circulated as money ; and these certificates, akfcpugh never to be paid, and to be used only as a circulating medium were worth more than coin. ynder this system, which was the admiration of the world, there was built up a commerce that has never been excelled in Europe. The same system was successful for a long time in Holland. 1 ' The farmers believe that the same result would follow the adoption of the same system in this country. The only departure of the Sub-Treasury plan from that of Venice, is in adopt ing agricultural products for gold and silver and government and other securities. I have in a former article attempted to show that agricultural products are intrinsically worth more than gold and silver and will not pur sue that idea now. Under the idea of this bill, where products are de posited, there are certificates of deposit to be used as money issued to the holder of the warehouse receipt, to the value of 80 per cent, of his pro ducts j these have no connection with products but go into general circula tion. When the products are sold, which must be within twelve months, this 80 per cent, of the value is paid back into the treasury, and the cir culating medium of the country is contracted this much. This system works automatically and is controlled by the cash demands of business, and not by artificial rules as at present. By this process the powers of agricul tural products are multiplied, for the farmer owns his product, and is using 80 per cent, of it, at the same time. Then, a mill owner can, under this system, buy $100,000 worth of ware house receipts, say, for $20,000, and withdraw his cotton as the demands of his mill require it, and pay for one part of his years' supply out of the proceeds of the other; or if he buys $100,000 worth ot cotton outright he can deposit $90,000 worth of it and get eighty cents in value in money to manufacture and sell the $10,000 worth not deposited, and with the proceeds of the sale of that withdraw so much more from the warehouse as his present needs may demand. Manu facturing may thus be done upon much smaller amount of capital, cot ton will thus be enhanced in price, and the agricultural as well as other classes benefitted. This is true of all the other products as well as of cotton. Under this system no unneccessary moving of crops would be effected, for as the receipts would present the cotton or other produce, the receipts would seek the markets and the pro ducts would stay in the warehouse until needed for manufacturing or for use. In all large cities there is a sys tern of clearing houses, in which all the banks of good standing have desks, and at which exchanges of drafts are effected, and ultimate bal ances alone are paid. By this system it has been demonstrated that $3.75 can be made to do the work of $100; andin New York, twenty years ago, they found it possible by thus multi plying the powers of a. dollar, to do $34,000,000,000 worth of business through the clearing house in one year. The farmers are, to soma extent, making an effort, thus to multiply the powers of their products;, and I, for one, am in hearty sympathy with the movement. . x In history, we find people in ages of great growth and effort, resorting to other than gold and silver money. In the Augustan age of the Roman Empire, they used even 'land as a legal tender. We have already recited the usages of Venice and Holland. In England we find that the founda tion of the banks of England, and its paper curency, are associated in time with the reign of William and Mary and the heroic efforts of those princes for liberty, civil and religious; then again, during the gigantic struggle between England and Napoleon we find that specie payments is forbidden by law; this it is said gave to England th strength and endurance which en abled her to cope successfully with THE PKOGRESSl VE F AKilER, SEPTEMBER 9, 1890. this great adversary. 'Pis during this period also that Green writes so beautifully of the development of industrial England. The success of the Revolutionary war, and the yet more .heroic efforts of our ancestors subduing this country were made possible by a paper currency; and Franklin wrote from Paris during the Revolution' that our system was .the wonder of Europe. The wonderful efforts of the Union and Confederate forces in the late war, with no sinews of war except a paper currency, are a magnificent tribute to the value of paper money. That in every instance paper money had depreciated,' and in some become worthless, is but a confirmation of the statement that gold and silver is too scarce to serve as the only basis of the currency. In the very nature of things the certificate of deposit can be obtained at first hand only by him who has the product to deposit; hence, there will be the necessity of lending to some one on a credit, and here will arise the necessity for private banking, and the justification for interest. The State banking system will not answer, because the constitution says expressly that no State can make any thing else than gold and silver a legal tender. A money that will not pay debts is not of much use7as was amply proven in the late war, when the United States government issued " demand " notes that were not legal tenders. The currency should , be like our government, local and national. Local needs should decide its volume, and national faith and credit should fix its value. Both these requisites meet in the idea of the Sub-Treasury. W. C. Monroe. CALL MSETING OF THE WAKE COUNTY ALLIANCE, FRIDAY. The first business as the installa tion of officers, as follows: President, E. McK. Goodwin; W. B Upchurch, Vice President; Secretary, J. J. Dunn; Lecturer, j. 0. Scarborough; Chap lain, B. B. Buff aloe. A motion was made and passed asking the brethren to bring their cot ton to Raleigh only on certain days, viz.: Tuesday, Thursday and Friday. A resolution was passed endorsing the action of the National Alliance in refusing to use new jute bagging. After the transaction of other busi ness, the Alliance adjourned to meet jon the second Friday in October. E. McK. Goodwin, Pres't. J. J. Dunn, Secretary. The- brethren will please ex amine the price list of the State Busi ness Agent for prices of bagging, etc. - RELIGIOUS NEWS. brier outlir e of the doings of the differ ent Christian organizations through out our State and country Per sonal points, etc. The Virginia Valley Conference met at Bethlehem, in Rockingham county, Va, on the 4th inst. Eight names were added to the roll of the Associate Reformed Presbyte rian Church of Chester, S. C. recently. Twenty eight of the s'.udents of Wooster University are on the volun teer list to go as foreign missionaries. Christian Standard. Rev. Dr L. F. Stevens has been elected to succeed Rev. Dr. Shedd in the chair of theology in Union Theo logical Seminary of New York City. A special meeting of the N. C. classics of the Reformed Church in the United States, was held at Mt. Gilead, Cabarrus county on the 27th oE August. It is proposed to establish three schools for the Esquimaux in the Arctic regions, and Rev. Dr. Sheldon Jackson has sailed in the steamer Bear for that purpose. The SDUth Yadkin, Caldwell, Three Forks, Ashe and Alleghany and King's Mountain Association all fol low each other during September. Biblical Recorder. The Baptists of Mississippi have given forty-two thousand and five hundred dollars towards the endow ment of the Mississippi College. Baptist Chronicle. Rev. W. V. Honeycutt, pastor of Big Lick circuit, (Methodist,) is con ducting a revival at Oak Grove. ' He had just closed a meeting at Love's Chapel. Concord Times. Bishop Gran berry's family have reached Ashland, where they are to make their future home. They will meet a warm welcome in Ashland, as in all other parts of Virginia. Rich mond Advocate. A case against the Salvation Army wa.3 tried in the Queen's Bench before a jury and the army was acquitted. This will prevent the army from be ing interrupted "in their ordinary re ligious services. Rev. John McNeill probably the most noted Presbyterian minister in London, it is rumored will accept the invitation to become pastor of the Westminister Congregational chapel. North Carolina Presbyterian What a disgraceful state of affairs there must be about the halls of Con gress if reports that reach the papers are true. Men in all stages of drunk" enness assembled to make the laws . . Ma - W for the people of the country. Yet not all, nor the majority, are such? Then why will they not make sure that this disgrace shall cease to exist? North Carolina Presbyterian. A six day's meeting at the Associate Reformed Church of Richburg, S. C, resulted in the receiving of nine new members and of one restoration. Rev, Mr. Betts was assisted by Rev. Messrs. C. E. McDonald and J. S. Maffitt. A chapter of orphans of Oxford gave an entertainment in the Methodist Church on last Monday night, and raised about $41.00 for the asylum. They were under the management of Miss Walker. Statesville Advocate. Rev. J R. Harrison of Glade Springs, Va , has been called upon' to bury his wife, who was a most excel lent Christian lady. With a 1 host of others, we tender out sympathies to the bereaved husband and children. Biblical Recorder. Rev. W. B. Palmer has been elected associate editor of the St. Louis Chris iian Advocate. He will remain in charge of Walnut street Church until Conference; then he will take the field for the Advocate. He will make a good editor. Christian Advocate. Three persons were received into the First Presbyterian Church in Goldsboro on Sunday, August 17tb, and the sacrament of baptism admin istered to each of them. This makes forty one additions to this church since May 1st. Rev. J. C. McMullen, pas lor.--North Carolina Presby'erian. Rev. W. S. Ballard of Southport writes: "The Lord has blessed me in my work. I baptized eight last Sunday, and have nine to baptize this week. Bro. J. S. Corpening, a Wake Forest College boy, has been with me, and has done good work. The peo ple are pleased with him Biblical Recorder. A SUCCESSFUL MEETING. Yadkin College, N. C, Aug. 29, '90. Dear Bkothei: I commenced a meeting at Shiloh Church, on the Winston Circuit, Methodist Protestant Church, on Saturday before the 3d Sabbath in August and continued seven days. The church was greatly revived; twenty tbree professed to be converted and twenty-one united with the church. Congregations were large, serious and orderly. We have reason to believe great good was done. To God be all the glory ! Yours, fraternally, Geo. E. Hunt, Pastor. FROM GASTON ALLIANCE, NO. 433. Stanley Creek, Aug'. 16.' Mr. Editor: As I have been se lected by our Alliance as Correspond ing Secretary, I will write a few lines. Our Alliance numbers about 100 members, including about" twenty females, besides some to initiate ' at our next meeting. We have many good and true members, but alas ! like all societies we have a few that are drones. No good to the order rather a drawback. We to-day in stalled our new officers for the ensu ing year. Is the Alliance going to be able to withstand the storm now raging through the country ? Will it be able to weather the hurricane ? Unless every member stands square to the principles of the Alliance and works and that hard, the Alliance will go down. The present campaign will be the trying time, and we must keep our eyes and ears open and work as we have not yet worked, for our ad vers iries are working hard to break down the order. It is something very strange that the working classes are so little respected by all other professions, when all support comes from the tiller of the soil.. We have a man in our State hold ing high office and worshiped by some more than their maker, who has inti mated that the farmer has not sense enough to draw a bill for legislation that would be constitutional. Will some one tell me why such a fuss is made about the farmers organ izing for their benefit. The time has been when farmers made laws, and we had better laws then than now. Some soreheads are trying to bolt the action of the county. convention and put a legislative candidate in the race independent. If such should be the case they will cut off their own nose to spite their lace. But Stroup will get there all the same. A good Democrat, as he calls himself, told me a farmer did not have sense enough to draw a bill in the legislature. Alliance men of North Carolina, stand firm to your principles, do not be scared from your duty by the squeaking of soreheads and office seek ers. Every scheme is worked to break the Alliance, but if it passes safely through the present ordealjt is safe. Let each one watch, its camp spies and traitors are around, paid to betray that they have pledged their honor te uphold. We must go slow and be careful, do nothing rash, avoid controversy as much as pos sible. I reckon I had better stop this time, and should this find a place in The Progressive Farmer, then I will write again, but I expect I would pull down a hornet's nest about my head. I have some things to say that will be it will be general, iot per sonal. C. L. Gattis. ' 1 . ' i i ALLIANCE NOTES. (Always give the name and number of your Alliance, your postoffice and your county, plainly, when you write to the President, Secretary, Trustee, .Business Agent or Chairman of Executive Com mittee of the State. Alliance.! Bro. T. H. Parrish, of Swain county, has our thanks for a club of 22 subscribers. He writes that the Alliance is in good shape west of the ridge. Bro. J. C. Strickland, of E.rps boro, Wake county, writes that crops are good ; that we have grumbled when the crops were sorry and we should now return thanks. Bro. Dick Edwards, of Greenfield School house Alliance, No. 1,238, Duplin county, writes that they will have a picnic at that Alliance on the 18th of September. All the brethren are invited. Sister Hattie Downer, Corre sponding Secretary of Fall Branch Alliance, No. 205, writes that they now have 38 male and 18 female members. They meet regularly and have a good setof officers. Bro. J. W. Ballance, of Alliance No. 801, Johnston connty, writes that they expect soon to build an Alliance hall 18x30 feet and that " a number of improvements, new saw mills, and other things are being built. Bro. A. B. Lewis, Secretary of No. 1,824, Gum Neck, N. C, writes that they now have, about 60 mem bers. They are interested in educa tion and expect to buy a suitable building for Alliance hall and school, room. Bro. D. L. Beach, Lecturer of Everetts Alliance, No. 1,334, Martin county, writes that they now have 22 members. Bro. Beach urges the brethren to keep their eyes open and nominate good men for the various offices. Bro. W. D. King, of Matoaka Alliance, No. 2,108, Orange county, writes that the members of his Alli ance are in good hopes of better times ahead; that he thinks a majority of them are willing to work hard to carry out our measures. Bro. J. A. Tedder, President of Sugar Grove Alliance, No. 1,980, Ashe county, writes that they now have about 1,100 members in that county and most of them are very en thusiastic in the cause of reform; that they are tired of the old party way of doing things, but that he is willing for the majority to rule. Upper Robeson Alliance men will meet at Lumber Bridge on the 13th at 11 o'clock. Bro. R. B. Hunter, of Mecklenburg, will deliver an ad- ress at that hour. After dinner the Alliance will meet in secret session and visiting brethren will be invited to take a part. Everybody will please bring along their baskets. Bro Hunter will deliver public addresses at Red Springs, Robeson county, on Monday, Sep. 15th, at Maxton, Tues day, 16th, and at Lumberton, Wed nesday 17th. Everybody inv.ted to come out and hear him. At a meeting of Toluca Alliance, No. 1,420, Cleveland countv, on the 30th of August, resolutions were passed in regard to the Congressional convention in the E:ghth district. This Alliance charges that Maj. W. A. Graham was not represented accord ing to his strength; that many of the Graham delegates were poor farmers and being too busy to attend the con vention, were represented by proxies. The politicians having a majority in the convention, they ruled out all votes by proxy and thereby defeated Maj. Graham. The resolutions condemn the methods employed in unmistakable language. Also resolutions thanking Capt. L. J. Hoyle for the honorable and manly stand he took when the poli ticians tried to steal fifteen votes from Graham and give them to Cowles. Capt. Hoyle declared that " though a Cowles man, he believed in justice and fair play, even if the heavens fall. " LETTER FROM HERTFORD COUNTY. Menola, N. C, 1890. Mr. Editor: You carried yourself so well in the "yaller dude shoe " and the " double barrelled black dude belly band " contest that I throw up my hat and say " hurrah !" Not only in the little hit above re ferred to, but in the weightier matters which pertain to the well-being of 9 0,0 0 Alliance people in North Caro lina and to many more outside of the Alliance do you acquit yourself like a man. I say many more outside of the Alliance, for whatever benefits the people of North Carolina who are in side will help those outside whether they expect it or not. Some are what they call shrewd enough to see that and stay outside and spend no time nor money to forward the cause and when the victory is complete, share the fruits and divide the honor. A Methodist preacher once said to the writer, " we must do people good in spite of them." At the last meeting of our Alliance, Menola, I tried to impress the impor tance of all Alliance people and farm ers taking and reading The Progres sive Farmer. As much as I like the National Economist, its able and lucid treatment of great financial and gov ernmental questions, I honestly think The Progressive Farmer, for the great mass of our order in North Carolina, is needed as a school master to bring them the high BtaDdard and national sweep of the Economist. By all means let all who have had in some way or other the primary reading and development necessary, take and read the Economut also. Quite a number of copies of the Econ. omi&t comes here and of The Progres sive Farmer you know the exact number. As a result of my talk I herewith send you ten names with the money for the paper. Several mem bers who take the paper said " if it were not for The Progressive Farmer I would not be in the Alliance." Our Alliance thought it best to ex pel one member sometime ago, tem porarily, 1 hope, but have received valuable accessions since. There seems to be a very general disposition expressed by the leading political parties to put forward men for legislative offices who promise to favor the demands of the order. The fruit of these promises will tell what kind of trees we have. Some Democrats and Republicans say they think the Alliance has helped Senator Vance quite a good deal. So push along, keep moving. F. S. Blair, Lecturer. LETTER FROM MISSISSIPPI. e Alliance and What it is Doing in the Various States.' Mr. Editor: Notwithstanding the fact that I am not given to writing for the reading public, I thought I would drop a few lines, as I have not seen anything from this part. Crops are not so good as they promised to be too much rain in some parts and not enough in others. Then we are visited by the boll worm which is very destructive to the cot ton. Farmers claim to have been in jured at least one half. I read with delight the many en couraging letters from the Alliances everywhere. Such letters speak vol umes and show beyond the shadow of a doubt that the people are thorough ly aroused to a proper understanding of their situation and that they will never give up this blooiless revolution until every foe of equal rights to all and special privileges to none has been vanquished. Let the good work go on. We should not become dis couraged because our plans are op posed by a few moss-backed politicians who are controlled by the money power. We should be prepared to meet this opposition, and , there is no better place than at the ballot-box. Another good feature of the Alii nee is that it i3 doing more to heal the chasm made by our civil war than all the efforts of our politicians, be cause the people North and South, East and West recognize the fact that the masses are marching in one solid phalanx to overthrew the yoke of op pression that they have been forced to carry for years. I am sorry to see that there are some men who call themselves Alli ance men that are so afraid that they will do something that will disrupt the Democratic party that they will not advocate measures essential to to their interest. If I understand the objects of the Alliance they are to raise suffering humanity to a higher plane mentally, morally, socially and financially through that party that is willing tox labor to secure this end. Let it be democratic, Independent or Republican. If this is not non par tizan, I fail to understand the defini tion of the term. I am glad to see that there is a spirit of resentment amongst the peo ple in some of the States. Let the good work go on. Those who are not for us are against us and should be snowed under whenever an oppor tunity presents itself. Let them learn that it is the farmer who to-day needs legislation and not of the kind they have been receiving. Let equal rights to all and special privileges to none be our motto. May The Progressive Farmer and all other wide awake papers continue to champion the cause of freedom. J. W. Tucker. Acme, Jasper Co , Miss. A brother writes to .the State Business Agent and asks if he can ship both male and female shoes in the same box. Answer He can. DEATHS. Near Clinton, on the 7th of August, Sallie Estella,. daughter of Mr. and Mrs. George Pcwell, aged two years, eight months and sixteen days. At her home ia Wake county on the 17th of August, Mrs. Maggie, wife of Mr. G-. D. Hays. Mrs. Hays made a public profession of religion at -an early age and joined New Bethel church. She was about 16 years of age. Tf pvprv mflFp.rinP' Isdv who roaris Tir-m Pda. gressive Farms h knew how easily snd pleaeant- lir shp. rnn Y. relieve 1 ah wnnld Bnffw -an lrvno-oi- Send 2c. stamp tJ aere. Jos. W. Ashby, Mt. Airy, N. C, for free eample, or $1.00 for one moath's treatment sent in plain wrapper. SUB-BUSINESS AGENTS OF MOORE COUNTY. You are requested to meet the County Business Agent at Jonesboro Thursday September 18th, or at Carthage, Friday, lytn, to attend business of importance. Do not fail to attend. Hour of meeting, 12 o'clock. D. O. Bryan. C. B. A. Moore County F. A. NOTICE FROM SECRETARv BEDDINGFIELD. I have on file in my office a numb orders for .Constitutions. I am not my these orders because I am waiting to h ? some new ones printed, which will tain all the changes made by the Alliance at its session in Asheville j soon as these can be printed all will be filled promptly. rder Fraternally, E. C. Beddixgfij li Sec'yN.C. F.'g. A TO THE BRETHREN? We are receiving every day ma;iV , , cers of inquiry about things relaiiV the business of this office, w.r.j,., already answered in The P. onR,1"6 Farmer. Owing to the large correVnT dence and increasing business of this 0f fice we are unable to answer as prompti" as we wish. We ask the brethren it please read The Progressive Farmer aJ it will save them much writing and be a source of great benefit and pleasul' to them, and relieve us of a large amount of work. Fraternally, W. H. Worth, S. B. a OFFICIAL Washington, D. C, January 3( 1339 At an earlv day the Ritunl, eontaicino form for burial service, will be published and issued from this office. Also the Constitution and Statutory Laws of the Order, with simple and practical rules of parlimmentary usage. These books will be printed in neat arid durable style and will each bear the imprint of the seal of the National Order Rituals and National Constitutions with! out such imprint will not be recognized as official. This office can supply State secretaries only. Members of the order must apph to their State secretary. By order of the President. J. H. Turner, Secretary N. F. A. and I. U. All communications for L. L. Polk, President National Farmers' Alliance and Industrial Union, or for J. H. Turner, national secretary, should be addressed to them, 511 9th St., N. W., Washington D. C. The National Economist Almanac is the cheapest and most valuable publication for farmers and Alliance men that has ever been presented to the public. It is a perfect hand-book and gives valuable facts qo where else to be found. For two cash subscribers to The Progressive Farmer, we will mail a copy of the almanac postpaid. You can't afford to do without it. It is worth ten times the price. 13,000 PAIRS HOME-MADE SHOES. This is the quantity just purchased of the celebrated Wetmore Shoes for our Alliance trade. These shoes are not shoddy but honest home-made goods, and are warranted to give the best wear. They are fully 25 per cent, better and 25 per cent, cheaper thau the Northern goods. This is one of the largest single pur chases of one make of shoes ever made in the State. These shoes are recommended by Mr. Worth, State Busines Agent, and Capt. Powell, Business Agent Wake County Alliance. W. a. & R. S. Tucker & Co. NOTICE. Not'ce is hereby given that the Board of County Commissioners of Wake county have ordered an entire .new registration of all the voters of Wake countv for 1800. J. P. H. Adams, Register Deeds, Ex-officio Clerk. BUSINESS AGENTS. Fall Terms on Guano and Acid. I am prepared to furnish the North Carolina Farmer's Official Fertilizer upon the following terms, viz: Car lots F. O B., Richmond, Va., payable Oct. l&t, 1890 $2).r)) PayabieJan. 5tb, 1891 21.00 Payable Nov. lt 1891 22.40 A.ny quantUy F. O. B., Durham, N. C, Payable Oct. 1st, 183d $21. 53 Payable Jsn. rtb, 181 22.00 Payable Nov. let, 1891 2.J 40 Parties desiring to purchase on time will please send orders and notes direct to Durham Fertilizer Co., Durham, N. C. Cash orders, as above or, through this of fice. North Carolina Farmers Alliance Bone Phosphate guaranteed 13 per cent, avail able Phosphoric Acid (urns 13 1-2 to 11 per cent.) at any railroad dtpot in North Carolina at $16.40. Yours Fraternally) W H. WORTH S. B. A. NOTICE FROM STATE EXECU TIVE COMMI TTEE. The State Alliance does not pay the expenses of any one visiting or speaking to Alliances except the State Presidents and Lecturers, and any Alliances inviting speakers to address them should expect at least to pay their expenses. S. B. .Alexander, J. M. Mewborne, J. S. Johnston, Committee. For Sale ! Several tracts of 'and euitable for zrowine brigfct tobacco. Apply to A. B DEANS, wiison, iN. Seed Wheat. AU the new and best yielding varieties Oar fall circular contains f w description, price-, etc. Ao valuable information aDoat Grasses ana uicnei?, and fall lists of Dutch Bulbs and all seeds for fail sowing, mailed free. Send for it. T. W. WOOD & SUf. 8 & 10 South 14th St., Richmond, Va. Wanted. A situation to teach, either in a public or private school Id addition to the English branches, Marie on t ither Piano cr Organ, will be taught. Addre.8, X. Y. Z., Eureka, Wayne Co., N. t. If you could see your own scalp through an ordi nary magnifying glass, you wouid be amazed I at tne amount of dust, dandruff, and dead skin tnereou accumulated. The best and most popular prepara tion for cleansing the scalp is Ayer's Ilaix igr-