North Carolina Newspapers

4 THE PROGRESSIVE FARMER: JULY 21, 1896. ZRKR BILKINS. U. A. The Major Is Still For The Gold Stand ard And For The Democratic Nominee He Exposes The Whole Political Scheme. B. ''Hollo 1 Mr. Editor." R. "Good morning! Major. Have you recovered your equilibrium yet?" B. "I don't know what you are talk in erbout, but if you mean ter ax if I'm gointer voter the Dymakrat ticket I guess I hav'. That iz whut I'm goin' ter du anyhow." R "To a man up a tree, it appears that McKinley is your hero, as he fa vora tariff reform and the gold stand ard, while your party has temporarily abandoned the gold standard and saj s the tariff i3 no longer a prominent is sue. I don't see how a-man of your build can consistently be a Democrat this year." xt , J 7. a7i fo, tho You orter be put m tho asylum fer the . , , . . greenest folks I ever heard ov anyhow. If you could see an inch frum your noses you'd see that we took thi3 stfp ter try an' save our grand old party. It wuz walkin' out of itself at the rate ov a thousand miles an hour. The R publicans stole our platform when they had their Nashunal Convenshun an' we had ter steal the Populist platform an' try ter save our party frum teetotal destruckshutj. We thought maybe we could head off the Populists that way, but I'm afeared they aint gointer bite at the bate. They may be suckers, but I'll be smashed if they aint bard ter ketch. If our plan wurks we will soon git you fellow? scattered, an' then we'll hav' another picnic an' demonetize sil an' everything, an' issue a billion. dol lar3' worth ov bords." R. "But your crowd called us cranks, lunatics, anarchists and other hideous names for advocating what you now say is tho very essence of all that is good." B. "But we hav' got converted." R "Strange that outsiders have heard nothing of this conversion." B. "O ! you can't hear anything. You are deaf az well a z blind. You Pops will soon hav'ter hav' lightnin' rods put up over your ears so you can hear it thunder. Your crowd makes me tired. Gudebye!" HON. J. M. BRADLEY, A Noted Georgia Democrat, Joins the People's Party. Hon. J. M. Bradley, one of the old time Democrats of Georgia, quits the party and in a lengthy letter to the Reform World, Winder, Ga , tells his reasons vior so doiDg. . The closing par agraphs are given below : But, says some one, the party is just about to adept a free silver platform. Did it not do thi3 before? Has it not always presented a favorable side to the people? For what are the leaders attempting this little game again? To deceive the people and secure the offices. I have been driven to this conclusion, that the party to which I have belonged all my life, makes its platforms and promises purely for the sake of getting in on and that they have no idea of keeping them when made. They are made to deceive the people and I could not afford to be a party to such decep tion and fraud. These are my reasons for quitting tho organization. I am still a Democrat, but in the future will affiliate with a party that advocates Democratic principles of "equal rights to all, and special favors to none" the People's party. I can not longer trust a party that has be trayed every trust that repudiates every platform pledge. It matter not what they might promise in the future, I could havo no faith in their determ ination to carry them out. I believe that all producers should stand together for tbfe relief we all so much need, and I can find no political organization, except the Populist, standing for that relief. In its demands I find tho true Democratic principles of the founders ot the government, and for tneso reasons I conceive it to be my duty to support them. J. M. BRADLEY. Gratis, Ga. Counting in clerk hire, mileage and incidentals, a member of Congress now receives a total of about $12,G50for his two yeara's services. Daniel Webster used to get for the same period 13,328 A SILVER SPEECH. Delivered at the Closing of the Exercises at Thompson School by A. M. Moore, a Student. Hon Judges, Ladies and Gentlemen: With pleasure I appear on the Affir mative of the querry, Resolved, "That the best interest of the United States demands free coinage of silver at the ratio of 16 to 1." When I eay best in terets I do not mean a petty handful of goldbugs whose aim is to demone t iz ? eilver, decrease the circulation, in order that they may suck the very life blood o! the nation by a continual is sue of bonds. But I mean the welfare of the ma jority who create the wealth and upon whose e Ifjrts the fate of the nation de pends. First, Hon. Judges, I will show you that demonetization's the cause of the depreciation of silver. "At the Inter national Monetary Conference, while urging that a gold standard be adopted, Ruggles, acting as a mouthpiece for John Sherman, said that by 1900 the annual production of gold and silver in the United States would be $400,000, 000. Frightened by this false and wicked statement the Conference paesed a resolution favoring demoneti zation of silver. Thirty years have elapsed, yet the production of both gold and silver is only about one-fourth of that amount. And nGt more than one half of this is used for money. Having deceived the Latin Union, Snerman returned home and went to work to deceive the United States. In order to hide his treachery, be made a free coinage speech in 73. The very next day, in the hurry of business, he rushed a bill through Congress demon etizing silver. Doubtless no other per son in the United States understood the bill. President Grant said, "I would not have signed it had I know the mis ery and wretchedness it was going to inflict upon the American people. Sil ver was at a premium when it was de monetizsd. In fact, Miel re1 Chevalier wrote a book favoring demonetization of gold because it was not worth as much as eilver. Hd gold been de monetized the parties who cry 50 cent silver, would now be howling 40-ct. gold. Hon. Judges, what is meant by free coinage, is to give silver an equal show ing with gold. Wipe every law from our statute books that is against eilver. Mske it a legal tender for all debts, private and public, and you will do away with the argument of 50 cent dol lars. Remove the cause and the effect will be what it was before "73. A dol lar in silver will be worth a hundred cents in gold. Cotton will be worth 13 cents psr pound; wheat, a dollar a bushel ; corn, 75 cent ; labor will be en ployed, tramps unknown. Farmers can pay their debta and educate their sons and daughters. Merchants will do a cash business. Doctors and law yers can collect their debts. Panics will bo a thing of the past. Manfac turers will flourish. Commerce will be carried on with renewed enery. Bonds will become unnecessary, and the pub lie debt will be liquidated. I wish to stop right here and ask my opponent if this will ruin the coun try ? Hon. Judges, how can my opponent or anybody else object to free coinage when it simply means giving silver an equal showing with gold? Gold enjoys free coinage. Why not give silver the same privilege? Silver is more dura ble, suffers less from abrasion and may be submitted to greater use with less loss. Two years ago the opponents of silver said if the Sherman law was re pealed, gold would fl)w to us by the millions, but one tenth of our people have not seen a piece of gold since, and will not, as long as we stay on a gold basis and have to sell bonds to run the government. Sixty-six millions millions of people use silver, while only 4,000,000 u?e gold. Is it to the interest of the United States to legis late for 6 per cent, of her people and leave 64 per cent, of them poverty- stricken and strained to their utmost capacity ? The quantity of gold is so limited that it is easily controlled by banks. It is, therefore, more dishon- i est than silver. As it gives the few the power of robbing and oppressing the majority. Here is a case that proves the fact. On Black Friday, 1S69, Jay Gould and James Fiek made a corner on the gold market, by buying all the gold in New York banks. They raised the price to 1.62$ in one day,, thus real izing $11,000,000 ilicit gain. Is this to the best interest of the United States? Is it surprising that the Reform Club of New York should be spending thcu sands and even millions of dollars dis tribuling free literature aud buying "newspapers to aid in fastening the gold standard upon the country? By de monetizing silver and reducing it to a commodity the Jews of London are reaping an annual harvest of $50,000, 000. This is done by reducing tho price of farm produce to conform to silver bullion, and is, consequently, a toll ex- I acted from the American farmer. To prove this, look at the statistical ab stract of the United States, and you will find that aa silver declined, all farm products and labor declined. Telegraph operators have been reduced from an average of 160 to 130 per month.- Every railroad has made re ductions in proportion to this. Hands that received $1.25 ten years ago only receive 67$ cents now. The wages of typographical Unions have been re duced 20 per cent., and labor organiza tions are no longer able to stand against the pressure that is pulling them down ward. Necessity compels the wife and children to go to work, and the small pittance they receive proves too little for their absolute needs. Hon, Judges, when silver was de monetized, it was worth 29 per ounce wheat was worth $147 per bushel ; and cotton, 19 cents per pound. My opponent says that silver is now worth only 50 cents, cotton about 7 cents, while last year's wheat crop was sold for less than 40 cents cash per bushel. Therefore, you can see for ycursalves that demonetization has de creased the value of silver one half, cotton two-thirds, wheat more than two thirds, while all farm products have decreased from one half to two thirds in value. Taxes, debts, and many of tile necessaries of life have doubled, trebled and quadrupled. In 1S73 one bushel of wheat paid for 12 pounds of ceffe. now it only pays for three. Then 22,000,000 bales of cotton would havo piid the public debt of $2 105,000,000. After paying $3,914, 000,000 principal and interest, it will now take 03,000,000 bales to pay the debt or nearly threo times aa much as it would before silver was demone tized. Then the President's salary was $25,000; now it i3 $50,0CO. Then it would have taken only 17,000 bushels of wheat to pay hi3 salary; now it will take 100,000. Comparing before demonet'z Uion and since, does not the best interest of the United States demand that eilver be restored to its old place as money ? My opponent says that eilver is dishon est. God pronounced it good. When John Sherman taught us to bow to this golden calf, silver was at a premium. France and the Latin Union, with less population and wealth than we have, kept a premium of 3 per cent, on silver for more than 40 years by opening their mints to free coinage at the ratio of 15$ to 1. Then why not restore silver to it former position? Humanity demands it. And our country would not he alone in restoring silver. Mexico, South and Central America, the Asiatic governments, Russia and France would bo with us at the beginning. The French delegates at Brussels said to the United States: "You were first to close your mints; you should be first to open them and we will follow." An English journal, the London Fi nancialNews, says that, "If the United States were to adopt silver to morrow British trade would be ruined ere the year was out, and England would be compelled to usa silver or the United States would control the commerce of wot Id." Tnen, is it not to our interest to restore silver? When Englat d demonetized eilver she bad 180,000 land owners, but in less than fifty years four fifths of them had lost their homes. History is repeating itself. At the adoption of the Consti tution the farmers owned 75 per cent, of the wealth of the United States. Now they have only 15 per cent. Thirty five millions of people living in the country p ly 82 per cent, of the taxes, yet -they own only 15 percent of the wealth. It is estimated that the indebtedness of this country private, public, municipal and corporate, amount to the enormous sum of $30, 000,000,000. The interest ou which a't 6 per cent, amounts to $1,800,000,000. Considering that all the wheat, oats, cotton and corn produced, and all the gold and silver mined in the United States amount to only about $1,400, 000,000. The appalling fact remains that after taking nearly everything that the farmer and laborer produces, leaving nothing for tho support of their families, we would then fall short of paying the annual interest on our debts by $400,000,000 out of 14,000,000 homes. In this country 9,000,000 cf them are mortgaged. Then is it not time to re store silver and give all a fair chance in the race of life instead of enabling a few to live in luxury and ease by in creasing the burdens of the nation? Hon. Judge?, when silver was de monetized tramps were rare, million aires a curiosity, ow there are four million tramp3, and we have thirty two thousand millionaires, owning more wealth than tho balance of seven ty millions cf people. Chancy Depew, says 50 men in the United States can within 24 hours stop every wheel of trado and commerce from revolving, block every avenue of trade and strike dumb every electric key. Shall we as a free and liberty loving people continue the infamous law that is making these men richer and the poor pocrer, or shall we restore silver to the down-trodden millions or our nation. My opponents claim that the depre ciation of silver ia overproduction, but by reference to Nalhall, the London Statistician, you will find that in 1700 there were 34 times as much silver as gold. In 1800 32 times as much. In 1843, 31 times as much, and in 1870 18 times aa much. Now there are only 15 J times as much. This proves that demonetization is the cause of the de prepreciation of silver. Taerefore, as there are only 15 f times as much silver as gold, the natural ratio is about 16 tol. Ae a measure of value the ratio has never been more than 16 to 1. France end the Latin Union for 40 years kept a premium of 3 per cent, on silver at the ratio of 151 to 1. If France could keep a premium of 3 per cent, on silver at the ratio of 15$ to 1, cannot the United States at least keep it at par at the ratio of 16 to 1? In 1896 we had 16.650 failures, making a loss of $1,700, 000,000. Last year there were about 13,000 failures. This year we had 261 in one week, which, if an average week, will make over 13,000 failures for this year. Bradstreet's Mercantile Agency says : "All business in the United States de creased about 2 per cent, last year." The annual live stock investigation gays: "Stock declined $62,139,000 last year, or $022,663,000 for tho last three years. While this is true in gold stan dard United States, th silver countries, China, Japan, Mexico and others are making rapid strides in all the arts, sciences and commerce. In 1892 China imported from the United States 65, 0o0,C0O yards of cotton. In 1S93 only 27,000,000. A fall eff of 40,000,000 yards, duo to the fact that she ia dGicg her own manufacturing. Last yeur factories in Japan declared a dividend of 28 per cent., while many of those in the United States were closed and the rest were forced to reduce wages 10 per cent, to 25 per cent, to keep from shutting down. By tho use of a gold standard England keeps Ire land too poor to resist her aggressions With tho use of silver India was rapid ly becoming a commercial and manu facturing power, but fearful and over negKctful of the interest of her col onies, England cioeed the mints of India and brought poverty and disas ter throughout that land. J. B. Gor man, Consul to Mexico, says: "Mexico has increased her manufactures in every branch of trade;" and Senator Ransom says: "A largo amount of American capital ia being invested in Mexico, and a great many Americans are leaving home and going there to engage in business." Judge Clark says: "Mexico is de veloping mre rapidly than any other country upon the globo." To prove this he says: "Wheat is worth $1 00 per bushel, cotton 13 cents per pound, and that this 13 cents will pay as much debt, railroad fare, and as much taxes as ic ever did." Thus proving that a eilver dollar is as good iu Mexico as a gold dollar in the United States. Then he estimates that under gold standard prices the farmer looses eix cents on every pound, $30 on every bale of cotton sold, which on 7,000,000 bales would make a loss of $210,000,000 for the year 1895. If 1895 was an aver age year, then our loss on cotton and wheat since silver was demonetized will amount to $9,680,000,000. Then think of the loss on all other products and add the intereet for 25 years, and you will have an incalculable sum. Hon. Judges, with thf se facts before you, is it surprising that disaster and ruin are staring cur people in the face? All over tho country farms are mort gaged, banks are breaking, railroads are in tho hands of receivers, factories are shutting down, labor is unem ployed and the President of the United States is forced to borrow money to run the government. These are the effects of the gold standard. Do you wish to continue them? According to official records, the public debt hes increased $527,165,282 during President Cleveland's adminis tration. There are to day due Ea gland $1,000,000,000 in gold. We pay her an nually $250.000 000 interest, and, in fact, nearly double that amount when all fixed charges are included. If the gold standard ia persisted in by the United States this $500,000,000 of inter est and fixed charges must be paid an nually in gold. Then where is the gold to come from? Tho annual production of gold in this country i3 only about $40,000,0C0. This is only one seventh enough to pay the annual interest on our public debt. The annual produc tion of gold for this country is only auou-j iuuu.uuu. xnereiore it every ounce of gold produced annually in the whole world was presented to us as a free gift, we would only have half enough to pay the annual interest on our national debt. In one year this condition has cost the United States $263,000,000 interest bearing bonds, which places additional mortgages on farms and new burdens upon labor. While the annual production of gold for the whole world will pay only half interest on tho national debt, the op ponents of silver say that the green backs must be cancelled. Then with silver demonetized, the greenbacks de stroyed and our production of gold only paying one seventh of the interest on the national debt, what are we to do? Dees the best interest of the United States demand that ,ve shall continue to pay Rothschilds and other bankers an annual tribute of $265,000,000 in intereet for gold to keep up the gold reserve, or shall we restore silver and control the government ourselves? Hon. Judges, I have shown you that in all silver countries there is prosper ity existing, while in all gold standard countries discontent and disaster pre, vail. I have also shdwn you that be fore demonetizition, our people were prosperous and happy, but now pover ty, discontent, disorder, strikes, riots and lack of confidence are seen on all sidea. Again, I have shown you that once silver was at a premium be fore it was demonetized in this coun try, and that France and the Latin Union for more than 40 years kept a premium of 3 per cent, on silver at the ratio of 15i to 1. Then shall the United States restore silver and bring happi ness and prosperity to her people, or shall she continue the present financial policy that is building up millions on ono hand and making tramps on the other? A. M, Moobe. Liberty, N. C. BERTIE COUNTY MEETING. Correspondence of the Progressive Farmer. Windsor, N. C. Bartia County Farmers Alliance held an interesting meeting at Lowellsville July 9.h. Ten Alliances represented. One long since defunct come forward with report and delegation. Tne shoe factory gained a little financial strength and much other good feeling was caueed by discussing the subject. Brother M. L Wood was chosen to rep resent us in the North Carolina State Alliance. Our efSeers are: Pres. A. W. Saell, San Souci; Vice Pres. Ervm Pritehood, Windsor; Sect. Treas. and Business Agt. A. J. Cobb, Windsor ; Chap. T. T. Speight, Lewis ton ; Lcct. H. P. Howell, Rjxobel; H. J. Ward Chairman Executive Com mittee, Evansville ; Fraternally A. J. Cobb, Loct. B. C. F. A. Resolutions adopted by Bertie Coun ty Alliance July 9&h, 1896, in session at Powellaville, N. C. Resolved, That the managing editor of The Progressive Farmer arrange to publish in The Progressive Farmer the Alliance price current. 2. That cur delegate to the State Alliance be instructed to see if there cannot be a reduction made m the salary of officers of the State Alliance. 3 Toat he endeavor to have the constitution so amended, that no of ficer of the Scate Alliance shall hold c.ffiee for a longer term than two years successively. FREE! 64 page Medi cal Reference Book, giving val uable information to any man or wo man h filleted with any form of private or ppecial disease. Address the lead ing Physicians and Specialists of this Country. Dr. Hathaway & Co., 70 Dearborn street, Chicago, 111. CURES GUARANTEED. NTING. .A. ZEST T?VERY ONE in need of printing of any kin AJ to tend their orders to Smith, Faison & Co. Mail orders promptly attended to. 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"rnallr 13 RECOMMENDED By .Pftjrsf-ar, by MUxionai -ies, I y MinU'crt b Mechanic, by Kurtrt fn TlospuaU." ' BY EVERYBODY. PnlnmKillfr Is ,,1!c,nf ? leava port without a supr'r f ft ,2?-No family can afford to be without fM InyaJuable remttiy In the hoase. It price brUit.g 1; within the rfch of all, and It will anuuiuiy aave many times its cont In doctors' bills. Beware of imlintiona. Take nu bat tfc (uiuiue mFksT luvia" Southern Railway (PIEDMONT AIR-LINE ) Condensed Schedule. IN EFFECT JUNF 4, 1856 Trains Leave Raleigh Daily. NOKFOI.K ASI) Cn A TTAKOl n;. Limh 4:12 p. m. Daily. Solid veeiibu' trains with sleeper from Norfolk to Chattanooga via Salisbury, Morgantcn. Asbeville, Hot Springs and Knoxvillo Connects at Durham for OxfcrV Clarksville and Key&vills. except Sun day. At Greensboro with tho Wash ington and Southwestern Vestibule (Limited) train for all pains North ani with main line train No. 12 fcr Dan ville, Richmond and intermediate local stations; also, has connection for Win stem Salem and with main line tram No 35, "United States Fast Mail" for Charlotte, Spartaneburg, Greenville, Atlanta and all points South; also, Columbia. Augusta, Charleston, vannab, Jacksonville and all points in Florida. Sleeping Car for Atlauta, Jacksonville and at Charlotte with Sleeping Car for Augusta. Norfolk and Chattanooga Limited. 11:45 a.m. Daily. Solid train con sisting of Pullman Sleeping enr ivA coaches frorn Chattanooga to Norfolk, arriving at NorfoJk ac 5 a. m.. in time to connect with the Ot? J.fjmtnivn Merchants' and Miners', Norfolk and Washington and Baltimore. Chesa peake and Richmond S. S. Co's for all point 8 North and East. Connects at Selma for Fayettcvi.l: and intermediate stations on the Wil son and Fayetteviile Short Cut daily, except Sunday for Newbern and More head City daily for Goldsboroand Wil mington and intermeeiate stations cn the Wilmington and Weldon Railroad. Express Train. 8:50 a. m. Daily. Connects at Dur ham for Oxford, Keysville, Richrnor J , at Greensboro for Washington and ail points North. Fxpress Train. 3 09 p. m. D ily For Goldebcro and intermediate stations. Local Accommodation. 2:00 a.m. Connects at Greensboro for all points for North and South and Winston Salem and points on the Northwestern and North Carolina Rail road. At Silisbury, for ail points in Western North Carolina, Knoxville, Tenn., Cincinnati t nd western points; at Charlotte, for Spartonburg, Green ville, Athens, Atlanta and all point? South. Trains Arrive at Raleigh, N. C. : Express Tra n. 3:05 p. m. Daily. From Atlanta Chariotte, Greensboro and all points South. Norfolk and Chattanooga Limited 1:12 x. m. Diiiy. From ail points east, Norfolk, Tarboro, Wilson and water lines From G oldeboro, Wilmington. Fay ettcvilie ar.d all points in Esiern Carolina-Norfolk and Chattasooga Limited. 11:10 a. m. Daily. From New York. Washington, Lynchburg, Danville ar.d Greensboro, Chattanooga, Kncxvihe, Hot Springs and Asbeville. Express Train. 8:50 a. m. Daily. From Gold.-boro and intermediate ttations. Local. 7:20 a. m. Daily. From Greensb:ro and ail points North and South S eep ing car from Greensboro to R?ileigu. 9.00 p. m Daily except Sur-day -From Goldsboro and all poiDt K Local freight trains also carry pas sengers. Pullman cars on night tra:n tr-"-Raleigh to Greensboro. Through PuHmin vestibuled V--v' ing Room BatF&s Sleeping Cnr at. a tiouled cosches without change cn -v-folk iimitt-d. Double dciily trains betwen liul--: Chariotte and Atlanta. Quick t: -unexcelled accommodation. W. II. Gkken. General Superintendent W. A. TuiiK. General Passenger Aeent, Washington. D. C. J. M. Culp. Traffic Manager. cents single copy, or sixteen copies o b7 express C. O. D., $5.00. Addrosa Rev. N. B. COBB, Raleigh, N. O.