North Carolina Newspapers

PBO GEESSIV -I 1 -3 CO THE INDUSTRIAL AND EDUCATIONAL INTERESTS OF OUR PEOPLE PARAMOUNT TO ALL OTHER CONSIDERATIONS OF STATE POLICY. RALEIGH, N. C, SEPTEMBER 15, 1891. No. 30 Jr'iL H A THE NATIONAL FARMERS' ALLI ANCE AND INDUSTRIAL UNION. Presid-mt-L. L. Polk. North Caro lina. Address. 344 I- St., X. W. Washington, D. C. Vice Vresiclent-B. U. Clover, Cam- oridge. Kansas. T Seeretarv-Tfea?urer-.T. H. Turner Gloria- Address, 23H North Capitol St X VT.. Washington, D. C. Lecturer J. II. Willetts, Kansas. EXECUTIVE HOARD. C. W. Mneune. Washington. D. C. Akmzo Wardall, Huron, South Da kota. J. F. Tillman. Palmetto, Tennessee. JUDICIARY. 11 C Hemming, Chairman. Isaac MeCracken, Ozone, Ark. A. E. Cole, Fowlcrville, Mich. NATIONAL LEGISLATIVE COUNCIL. The Presidents of all the State organ isations with L. L. Polk K-v-oJido Chairman. SOUTH CAROLINA FARMERS' STATE ALLI ANCE. President Marion Butler, Clinton, C Vice-President T. B. Long. Ashe vide, X. C. Secretary -Treasurer V. S. Barnes. Raleigh, S". C, Lecturer-J. S. Bell. Brasstown, X.L. Steward C. C. Wright, Glass . X. C. Chaplain Rev. E. Pope, Chalk Level, X. C. . Door-Keeper W. II. tomlmson. avettevillo. X. C. Assistant Door-Keeper II. L. King, Peanut. X. C. Sergeant-at-Arms --J. s. Holt, Chalk: fjevel, X. C. State Business Agent W . II. U orth. italeigh. X. C. ... Trustee Business Agency tund W . A. Graham. Machpelah, X. C. SXKCUTIVK COMMITTEE OF THE NORTH OAKolJNA F ARMERS' STATE ALLIANCE. S B. Alexander, Charlotte, X. C Char-man; J. M. Mewborne, Kmston, X. O. ; J. S. Johnston, Ruitin, X. C. STATU ALLIANCE JUDICIARY COMMITTEE. l i:us C ot. A. Leaser, X. M. Cul hreth. 31. G. Gregory. Wm. C. Council. 5 i'ATE ALLIANCE LEG ISLAT I V E COMMITTEE. R. J. Powell, Raleigh, X. C. : X. C. English. Trinity College: J. J. Vmng, Polenta: LI. A. Forney. Newton, N. C. North Carolina Reform Press Association. 07ev.; ". L. Ram set, Presidt -ut : Marion Jintle'. Viee-JVesident : B" N. Ik t r ' es .S' -c ' ' PAPERS. Prou-reivf Fai im r. State Oru.e.i, IlUi-ai. X. ('. iuu-a.ian, Clmt-.n, N . . liural llmm-, . , Watchman, s.Ui.urv, N. . Farm.-r Artv.rnt.-. 1 arhoi,., N. . Mountain lli-nu-Joumal, .:-lityiU N. . Alliance S. tnincl, . ;oilb.ro, N. . Countrv Liu-. 1 runt v C 1,-.-.-. N. . Mercury, Hickory, N. . Kattk-r, V Intakes, N.C . Each of the above-named papers are requested to keep the Hat standimj on the first pane (Otd add others, jiroutded the' are duty elected. Any paper put intj to advocate the Ocala platform irdl be dropped from the list promptly. Our people van now see ichat xipers are published i)t their interest. THE SAME OLD GAME. Mr. Editor: Once upon a tune there was a code of laws written for the guidance ei the members of the human Family in their dealings with one an other. This code was not as long as the Constitution of the United States, nor capable of as many constructions as the la vs enacted by the model law makers of the present day, but was then, and yet, so plain that "he that runneth may read," and so simple "that the wavering man. though a fool, need not err therein." Yet glancing over the columns of the average par tizan newspaper one can hardly con clude that the writers who are endea v oring to mould and direct public opin ion at this turn-, and through this chan nel, have anv regard at all for the law ahove referred to. This is the oldest of all laws, by the wisest of all law makers, and backed by power omnipo tent. " Thou shalt not bear false wit ness against thy neighbor," wasspok-n with authority that no earthly power can annul, and with a brevity and precision which precludes any possible excuse for misronstruction or misun derstand nvr. Still we find editors of leading daily newspapers, editors who are punctilious in their observance of set days and seasons; editors who walk into the sanctuary every Lord's day, and sit an 1 repeat with apparent rev erence the most solemn passages of the Holy Scripture, and bow the knee at every mention of the name of ChrUt, .and perform all the prescribed cere monies of tiie sect to which they may belong, then hurry to their office on Monday morning to prepare an elabo rate, highlv colored sensational edi tor'! 1 b-,s.-d upon a lie inspired by Fee devil into s.ud editor's brain while he wa.-. hp. .critically performing the preei ib'-.l vn mastics of his sect at the nveiimc Ji.i)sj on the Sabbath day. Ail day r i..!;iay this editor sits and draws and paints and rubs out and puis in, ai w;-.; s this and re-writes that, reads ; nd re read fUul has his gutter snipes to Jrteh in the vilest liltli front thenDsc n -n.-eous cesspools of artizan political corruption, witli which this, the output ot tins hard day's labor is sweeten d and stirred and stewed down until the editor is satisfied that this morsel will be palatable and cage ly devoured by those to whose taste he is catering. On the morrow this is dispensed to the hungry multitudes. It is finely dressed, head lines are catching, position the most prominent on the editorial page. The devil, with all his power of inspiring to envy, jealousy and murder, has found a willing suppliant tool in this editor, and they together have taken in hand the task of destroying the reputation of the noblest work of God "an hon est man." He is honest; the devil and his tod both know this. "He dares have an opinion." He dares to express it," and though he may belong to and be a true member of the same political party of which the editor claims to be the mouthpiece, "the circle of his in lluenee has always been outside the ring.'' "He has never been consulted about matters of statecraft." "His opinions have not been sought," "and we must not allow any independent thinking." " He knows too much and wili tell it." "It he lets the people know w hat he knows, it a ill damage our party." It will never do; wemust crush him at once." Thus they reason and put their heads together and this llaming batch of false, malicious tilth is prepared: the shafts sharpened and poisoned with it are hurled, it may be, at the purest, most honest, most self-sacrificing patriot in the State, or perhaps in the X-.tion. This is the customary tactics of the partizan press. It has been for years, and it is yet. Slander and lying and hypocricv and deceit, and everything that is vile and filthy has been appro priated and dedicated by the devil to the use of the partizan press, and suc cess has usually fallen to the party which could use it most pleausibly. One starts it and another takes it up, and it passes do wn the line. "The deca logue and the golden rule have noplace in politics." says one, and it passes down the line. "Conscience has no place in political work," says another and it passes down the line. "The purification of politics is an irredescent dream," says another," and the same passes down the line, all adopted by partizans of all parties, and recognized as fixed principles by the leaders of the two leading political parties of to-d-.iy. This is the science of tart its. not of politics; this is the science of robbers, gamblers, cut-throats, not of politics. "Politics is the science of government." Rut the science of poli tics has driven out the science of gov ernment and the science of robbery now sits enthroned. Will it always he thus, or will th" reforms proposed by the Farmers" Alliance and Indus trial Union drive out thee money changers and stock jobbers, and par tizan thieves, who do nothing but ounr re I over, and divide ' the spoils," from the seat of government, and place men there who will remember teat this i a government of the people and for the people, not of a party and for the party, but for the whole people; not of a certain section, and for that section, but for the whole nation.' Hitherto this mode of warfare has been r sorted to by the leaders of both political parties, and it has been ac cepted by them as the most ed'ective way of defeating the principles advo cated by the opposition. Xow that the Alliance is showing its head and demanding reforms for the good of the whole people, the leading papers of both the parties have come together and mixed and compounded the filth held in reserve to throw at each other, and with all the genius of their master, whom they serve, are they throwing it at the leaders of our Order. Observ ers of the methods of partizans for the past twenty-live years will not be dis appointed at this. They have been looking for it, and calculating upon it. Our leaders are not the men they would have selected for us. Our code of principles are not such as they would have us adopt ; hence, as we did not leave it to them to frame our platform and select our officers, we have, in their estimation, " played the fool, and the country will be runnd." Their tricks are too well known for their at tacks to injure our Order or break down our leaders. As Allianeemen, wemust stand together unselfishly a rid fight the enemy to the last ditch. The Order is stronger to day than ever bo fore, and gaining strength, every day, and every attack of its enemies but solidifies our ranks. The enemy is tricky and unscrupulous, hence eternal vigilance, unity and perseverance is essential to our success. Jas. Dryden. THE THING THAT PUZZLES ME MOST. I am a Sub Treasury, free coinage, anti national bank Allianceman. I am in fact in favor of all the Alliance de mands and a third party, if it is neces sary to bring about these things. But the thing that troubles me most just now is, how lam to pay for 11 cent meat $1.25 corn and $7.50 flour (for that is w hat some of us here have to pay) with a half crop of 7 cent cotton? As 1 said in the outset I am in favor of all the Alliance demands, but it seems to me that the thing that demands our attention most just now is the price of cotton. If over-production is the cause of the low price, then it seems to me that the thing for sensible men to do is to cut down the next year's crop say to five acres to the plow and hold on to the pre.-ent crop or as much of it as we can until towards spring, and when it is seen that we mean business Fii venture the price will advance. We ought to and can make, with only iive acies to the plow, five bales which would bring us more clear money than ten bales at present prices, besides makingourowm bread and meat. What say you, brother farmers? Let's be up and doing before it is too late. Hayseed. MONEY AND THE ALLIANCE. Its Financial Plan. The Alliance demands money at two per cent. It demands an increase in the quality of money. It demands that there shall be enough money for the transaction of business on a cash basis. It demands that the Federal government shall make this money, by the free and unlimited coinage of gold and silver, and by issuing legal tender notes to suppy such deficiency as gold and silver may from time to time be insullicient to supply. It demands that this supply of money in the United States shall always be as much as fifty dollars for every inhabitant, thereby preventing in a great measure the fluctuation of prices and the commer cial panics that so often distress and ruin so many people. All of this is perfectly right. It shows a better know ledge and appre ciation by the Alliance of the money power of the government, more politi cal wisdom, a better regard for and observance of the Constitution, a better ami broader philanthropy concerning the exercise of this money power than all of the political parties have shown since the formation of the Federal gov ernment. The States, by the adoption of the Constitution, surrendered to the gen eral government the sole right and power to make money. The Constitu tion says : " Xo State shall coin money, emit bills of credit, make anything but gold and silver coin a tender in pay ment of debts " Art, 1, Sec. 10. The States would not have surrendered this power unless it had been thought that the Federal government would exer cise it by makingand supplying enough money for the public good. In sur rendering this sovereign and impor tant power they did not intend to de prive the citizens of money or a suili eient quantity of money, but delegated the power to Congress in these words: "The Congress shall have power to coin money, regulate the value thereof, and of foreign coin, and to make all laws which shall be necessary and proper for carrying into execution the foregoing powers, and provide for the general welfare." Art 1, Sec. S, clauses 1,5. is. The Congress cannot right fully neglect to exercise this power. To do so w ould be a gross violation of the Constitution by an omission of duty as cruel and oppressive in its con sequences as was ever the act of any despot or robber king. The neglect to exer c se it propeJ ly and f airly and for the public good wYocks and ruins the fortunes and comfortable livelihood of many null ions of mnocent people an 1 centres ad of the wealth of the country into ihe hands of a few. Hence, the millions of ruined and impoverished people and the many millionaires in this country during the last twenty live years of plutocratic government and oppression. The founders of the Federal govern ment would not have tolerated the idea of depriving their respective States of the sovereign and important right and power of making money un less they had thought that Congress would exercise the power more wisely and for the general good. Congress did quickly exercise this power to the extent of providing by law for the free and unlimited coinage of gold and si ver, and the limited coinage of cop per, and regulating the value thereof. During the war between the States, to increase the quantity of money, it caused government notes, commonly called "greenbacks,'' to be issued, and made said notes money, gave them the value and quality of money by making them a legal tender in payment of debts. Many of the best constitutional lawyers of the country thought the law was unconstitutional. But the Supreme Court of the United States has decided it to be constitutional. It is now, as the lawyers would say, res adjndicata. Hut. during the progress of the war, those who controlled the financial leg islation of the country chielly desired to appreciate the value of government bonds that were then hooding the money markets of the world at a very great discount, To do this the present national banking system, based upon those bonds, was fastened upon the country. State banks were taxed out of existence. This retired a large vol ume of currency, a good and useful representative of money. In 1873 John Sherman and the Republican Congress demonetized silver and it cease,! to be money. This left gold coin and the legal tender notes, greenbacks, as our only money, and the national bank notes as our only representative of money. After the war the legal tender notes, greenbacks, were retired rapid ly. A law was passed for the benefit of the gold and bond-holding pluto crats, ruthlessly violating the original contract, making the government bonds and coupons payable in gold. Money was unduly appreciated. Prop erty and labor were ruinously depre ciated. The only banking system was centripeta in its operations and effects and drew all money to the money centers. The rich grew richer, the poor grew poorer, millionaires in creased in this land of wonted liberty and equality with a rapidity never known before in any country. The land became tilled from Dan to Beer sheba with paupers, homeless, wretched hopeless people. The monopolists and plutocrats controlled legislation and held high carnival. The rich robbed the poor. Pharaoh got the lands and chattels and then the children and wives of the Egyptians for his seven years' supply of corn. Shall plutocrats do in America like Pharaoh did in Egypt for a less consideration.' The scarcity of corn was Pharaoh's opportunity. The scar city of money is the opportunity of the plutocrats. The Alliance says Congress shall exercise this money power fairly and wisely for the benefit of the whole pe; pie in every part of the country by making and keeping in the country as much as fifty dollars per capita of real money. The census gives us a popula tion of about 05,000,000. This would entitle the whole country to $3,250. 000,000 of real money. To that would he added the bank notes. The national banking laws must be repealed or so altered as to allow State b inks, wher ever necessary, under proper safe guards. These State banks could lend money on real estate and other good security. In a short time the bank notes would nearly or quite equal the money made by the government. This would give us $(5, 500,000,000 of currency or one hundred dollars per capita, of money and currency together, one-half of which would be real money made by the government. This half would never decrease, but would always in crease as the country increased in population. The proportion of notes to coin would greatly depend upon the yield from time to time of gold and silver from nature's store. The bank notes would be a good representative of money and would peform all of the functions and subserve all of the pur poses of money at or near home. They would be redeemable in money, viz: gold or silver coin or legal tender gov ernment notes. Those of us who can remember as far back as 1800 well re member that a t wenty dollar bill on the Bank of Xorth Carolina or the Ex change Bank of Richmond, Va,, was appreciated as much as a twenty-dollar gold coin of United States mintage, and could, without any dilliculty, be exchange for its like value in coin But. th" plutocratic sinners say: flow will you circulate, distribute this money C The Alliance will first answer. We will not do like your hired servants in Washington do with the silver coin lock it up in the vaults of the treasury, guard it with armed soldiers, use all of the influence of the President, the Secretary of the Treasury and of a majority of Con gress against its circulation, and then curse it ami siv 'the d d thing won't circulate.'" Xo, the Alliance will not do that. They will have no Harrison or Cleveland or Sherman to do the work. They will have it managed by odicers friendly to and enthused with the grand future money plan of the United States Government. Under pins management our money will cir- -vate an 1 break the ha; ks ; plutoc racy and exhibit the United States of America once more to the world as an example worthy to be followed in the redemption and freedom of mankind. But how shall the legal tender gov ernment notes be equally distributed at lirst? say the plutocratic answers and very many honest doubting Thomases of other persuasions. This is an imtorlant itniuiry. Ou it hangs all the law and the gospel of the Sub Treasury plank of the Ocala platform. It deserves the best consideration, it is of most importance to President Polk and the other great leaders of the Alli ance w hose province it is to disinthrall the country and rescue the people from the oppression of plutocracy. The right solution of the question will solve the dilliculty of the Sub-Treasury plan, formulate what is now an idea into a, plan and solidly unite the Alliance on this plank of the Ocala platform. I think the solution is plain and easy, entirely void of paternalism and cen tralization, and fully observing and subversive of the rights of the States. It makes the creature, the government, do for the creators, the States, the im portant work that the States delegated to and empowered the government to do. 1 respectfully ask a hearing of my plan. For the present population of 05, 000,000 it would be the duty of Con gress to keep in the country as much as $3,250,000,000 of money, and to re peal or modify such laws as have a tendency to prevent a sufficient vol ume of good and wholesome bank cur rency, if the country now has half of this sum in gold and silver and green backs, it would be necessary to issue $1,025,000,000 of legal tender govern ment notes. If it has more than one half it would be necessary to issue a smaller sum. If it has less than one half it would be necessary to issue a larger sum. Those notes should be ! issued to and distributed among the States according to population as dis closed by the last census. They should be real money, bear no interest for the government, and the States should never be called upon f r payment. They should not be regarded as a loan or a gift but as a part of the money that Congress assumed the obligation of providing for the States when they surrendered their right and power to make money. Each State should lend its share or part of this money to its own citizens at two per cent, yearly interest. The States should lend it in small sums, say in sums of not more than $l,too, so that a favored few might not borrow all of it. In lending, the States should distribute it among the counties according to poplation. ; I his would Cilectually secure an equal distribution in the States and in the several counties of each State accord ing to population. What security shall the States require? This must be a matter for each State to settle for itself. I would prefer real estate security. North Carolina might possibly require laud, cotton or tobacco as security. Ohio and Texas might prefer land and wool. Louisiana might prefer 1 md and sugar, Kans might prefer land, wdieat and corn, New York, Massachusetts and Connecticut and such States as have grown very rich on the monopo lies of the last twenty-five years might prefer collaterals and personal secur ity. It should be left for each State to decide for itself and to appoint its own officers and agents to lend out, distrib ute and collect its own share ot this money. The combined wisdom of the legislators of forty eight States and the outside friends of the measure would undoubtedly frame a good law for the lending, distribution and man agement of this money. ' A law good for one State, mutatis mutandis, would be good for all. Xo enemy of the Sub-Treasury prin ciple of the Alliance can see any Fed eral government warehouse or officer, any paternalism, any centralization, any consolidation and usurpation of power in this plan. The Federal, gov ernment could issue these notes as easily and cheaply as it now issues bank notes to the national banks. It would have but forty-eight States to supply. The burden of expense and benefits would then be borne and shared by those forty-eight States in proportion to population. The equal distribution of this money provided for in this plan would great ly correct the evils of the ruinous cen tralization of capital produced by the monopolizing legislation of the last twenty five years. I will not attempt in this article to point out the many ways in which it will benefit the coun try at large and promote a better civil ization, i will make only a few sug gestions. If it would require $1,025, 000.0 )0 of legal tender government notes to make up the necessary com ploment of money, a State possessing 1.0(H). 000 inhabitants would receive $-10,000,000 of this money. The interest on this would be $800,000 at two per cent. How this would lighten the burden of taxation! How it would tend to correct and refute the idea of the Republican party that man is born only to be taxed by government and laden with burdens by monopolists and capitalists. What a gruud oppoi t mity it would alio' d for the amelioration of the condition of mankind by good and wise statesmanship! How it .would help the Alliance in executing and making good other grand and sublime resolves of the Ocala platform! Mr. Editor, there is no word like home, happy home. There is no pride like that of country. The love of home and pride of country are akin to deity. It is a sacrilege to impair them. It is a sin not to labor to promote them. The God of love commands thi- promotion Obedience to His will compels it. This country should be a paradise. It is not much better than an anre chamber of hell. Is there no way to change and better this state of things? I am inspired with hope by the Alliance and Industrial Union. Their fries are kindling. By the light of their altars I see, far up on the lofty seat of canonized patriots and philan thropists, that grandest statesman of all past ages, Jefferson, pleading as on earth for a "government of the people, by the people, for the people'." Death has not annihilated him. Sublimated by his companionship, his love for mankind and political philosophy are progressive. He is now teaching through the Alliance and Industrial Union the sublimest of all political truths. It has already been spoken above a whisper and finds a lodgment in the human heart. It will echo and re-echo in every nook and corner of this broad land, cross the Atlantic, in vade and pervade the old world till despotism and oppression shall crouch in fear and trembling. Oh! that it may germinate and expand till it de thrones and topples fill kings, emperors, monopolists, plutocrats, despots and all, heals the sores of poverty, breaks the bonds of oppression and be a help to Christianity in redeeming man and lifting him to the proper enjoyment of this life and to the worship and praise of God. When the despotism of kings, monopolists and plutocrats shall be conquered, and the agony is over, future generations will read with astonishment of the toleration of a barbarism of so much cruelty to man. "The industrial system of a nation, as well as its political system, ought to and shall be a government of the peo ple, by the people, for the people." This is the voice of the Allian ;e, and inspired by the song of Jefferson set to music on July Jth, 1770. To my ears it sounds like wisdom attuned to mel ody. In this hour of midnight dark ness I see the dawn of a better daj. Even now I see inferment elements that will, in a short time, develop a civilization entirely unlike and far bet ter than the civilization of the past or present time. The Alliance and Indus trial Union head and lead the armies fighting for this better civilization. All laws, all customs, all institutions in ds way must fall. If the national bank system be in its way, let it be abolished. Andrew Jackson, for the good of the people and our institution, ab. dished the United States Bank be cause it was a monopoly. Jackson. WHO ARE ANARCHISTS? Who planned the Coffey ville dyna mite plot? Who appoints anarchist to oflicieJ positions? Who voted to clear a judge who was proven guilty of help ing rob and plunder his own people of thousands of dollars ? Who deliberate ly plans and perpetrates cold blooded murder? Who winks at all such anar chy ? Answer these and then we will know who the anarchists are. Com moner, Wichita, Kan. OUR PROGRESS. Weekly Record of Manufacturing ind Other Enterprises Started Rip Van Winkle no Longer in the Old North State. MaiiLfai-turers' Rcord.l Wilmington A. W. Kieger is erect ing a rice cleaning mill. Ramseur A. W. E. Caples has. it is stated, enlarged his chair factory. Tarboro F. S. Royster is erecting a fertilizer factory, as recently reported. Burke County Mr. Boyd has, it is reported, sold the Carolina Queen mine for $12,000. Mocksville Rice Bros., of Wood leaf, are reported as to erect a planing mill in Mocksville. Louisburg C. M. Cooke and George H. Cooper are each erecting a leaf tobacco factory. Mooresville. J. W. Brown will erect machinery fo;- manufacturing sash, doors and blinds. XorthWilkesboroi.P. O. Wilkesboro) W. B. Henry contemplates starting a shuttle-block factory. Tarboro. B. J. Keeeh contemplates starting the manufacture of bags for peanuts and other uses. North Wilkesboro (P. O. Wilkesboro) Absher ec Church will erect a saw-mill and sash and blind factory. Mooresville J. W. Brown, referred to in last issue under Mt. Zion, will put new machinery in his brick works. Rutherfordton Frank Reynolds, of Ayr, referred to in last issue, will build a steam tannery in Rutherford ton. Salisbury. Western capitalists are reported as having purchased the old Bari inger gold mine, and as to develop same. Salem W. W. Wood & Co., of Ral eigh, have, it is stated contracted for the erection of a large tobacco factory in Salem. Burlington It is rumored that George Terrell, of Durham, and W, E. Hay will publish a newspaper in Burlington. Mooresville Efforts are being made to organize a stock company to build a cotton mill. J. W. Brown can give information. Xonh Wilkesboro (P. O. Wilkesboro) Thomas A. Church, of Ashe county, X. C, will locate a root and herb labora tory in Xorth Wilkesboro. Franklin Eli Myers ec Sons are reported as erecting a new blacksmith shop; also as putting in machinery for the manufacture of buggies. Xew Berne The Xew Berne Ice Co. will, it is reported, put in new ma chinery to increase the daily capacity of its ice factory from 8 to 10 tons. High Point The Central Improve ment Co. is the name of the improve ment company reported in last issue as organized. F. M. Pickett can give particulars. Tarboro Contract has been let for erecting the building for the peanut cleaning mill lately reported as to be started by E. V. Murphy, George How ard, Jr., and others. Davidson College Stough, Cornelius & Co. have added to their mill a build ing 100x50 feet, and placed orders for 2,000 spindles. They will put in an automatic sprinkling outfit. Xorth Wilkesboro (P. O. Wilkesboro; Winston-Salem parties will locate wagon works in Xorth Wilkesboro. The Winston Land cSc Improvement Co., of Winston, can give particulars. Louisburg The Louisburg Building Sc Improvement Co., reported in last issue as organized, has been incorpor ated with a capital stock of $100,000 and commenced the erection of its leaf tobacco factory. Dallas The Dallas Cotton Mill Co. is the name of the stock company previously reported as organized by L. M. Hoffman and others to erect a cotton mill. Work has been com menced on the building. Henderson The Henderson Light & Power Co., lately reported as organ ized to operate the the electric light plant of the Henderson Electric cSc Gas Light Co., which it had recently pur chased, has been incorporated with a capital stock of $10,000. Elizabeth City C. E., J. A., A. K. and J. P. Kramer and R. O. Preyer and others have incorporated under the title Kramer Bros. & Co. for the purpose ot manufacturing lumber, furniture, building material, dealing in real estate, &c. The company will manufacture principally house-building material. The capital stock is $12,500. GOLD AND BONDS. The government sold bonds and bought $100,000,000 in gold ostensibly to retire the greenbacks, although not a single dollar has been retired and there is a law against retiring a single dollar of them. This $100,000,ooo in gold has laid in the treasury twenty years and the people have paid in in terest on the bonds which it represents $sO,000,000. The government has paid $72,000,000 as premium on bonds not due,' and now that the $50, 0000,000 of ih per cent, bonds are due, there is no moiiey to pay them with. Who dare say this government as now conduct ed is not a gigantic robber system carried on for the express purpose of lleecing labor for the enrichment of pirates and robbers ? Independen t, Deadwood. As the world goes now the man who loses his grip is not wholly lost.