Newspapers / Fayetteville Observer [Daily, 1896-1922] … / March 24, 1896, edition 1 / Page 3
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effect of a fear of the demonetization of S1"Iauote from the letter of Senator Sher mon of July 15, 1878, in .which he states h-nths diametrically oppositeto what Sec retary Carlisle asserted in 1895: "During the monetary conference in Paris when silver in our country was ex cluded from circulation by being under valued, I was strongly in favor of a single standard of gold. At that time the wisest lm0Uo us did not anticipate the sudden fall of silver or the. rise of gold that has occurred, This uncertainty of the relation between the two metals is one of the chief arguments in favor of, a monometallic svstem, but other arguments showing the dangerous effect upon industry by drop niDgoneof the precious metals from . the standard of value outweigh in my , mind all theoretical objections to the bimetallic Inow quote from Roher$ tiffin, a gold standard advocate of England: "If events are the touchstones of prophe cies, no prophecy was ever more certain than the increased clearness of gold. . That the fall of prices to an1 extent so general as we are at present experiencing is to be referred to an increase in the purchasing power of gold is generally; and I might say almost universally, conceded., :,I want now, for ttye benefit of my good friend from Massachusetts, to snow how the English are benefited by the single gold standard. I quote from The London Statist, a gold standard authority, I under stand, a reliable statistical paper. It said in one of its recent issues? " 'The ash value of our imports in 1895 was 416,687,000, but , at the 1890 level of prices the value would have been no. less than 507,100,000. The benefit to this country, therefore, from the fall in prices of foreign and colonial produce in 1895 compared with 1890 thus amounted to the enormous sum of 90,400,000 "Four hundred and fifty 'million dollars benefit by the decreased prices of commo dities the English people had to buy be tween 1890 and 1895. But the paper goes on and says: " 'On the other hand, our exports in 1895 were of the cash value of only j226,X69, 000, whereas at the prices of 1890 the value would have been 267,600,000, thus en tailing a loss of 41,500,000, dutvto the fall in prices. On balance, therefore, the fall in prices in 1895 compared with 1890 gave a profit to this country amounting to about 49,000,000.' ' "About $250,000,000- they made by the decrea-ed price in the .commodities they had to ouy. England thus in the last five years bagged $250,000,000 net of the sub stance of other nations, (chiefly of the American people) because of the .decline of prices during the past five years. It was able to do this, first, beeause "it is a oreditor country ; and, second, because, while its exports were manufactures, the stuff it bought in other lands was chiefly raw material. The manufacturer can al ways in a measure protect himself from shrinkage, because if he must sell cheap ne can also buy his raw material cheap ly loss falls heaviest upon .the producer of primary substances, like the farmer,; who begins the work of, production and cannot recoup bis losses by moving back upon any other producer. England can not fed her people; but she has compelled us to give them food below the real value; she grows no cotton, but she has forced our planters to supply her mills with th staple at half price; she mines no silver, but she has bought for use in her eastern trade American silver after driving' down the price from $1.29 an onnce to 65 cents, now did she tjontrive thus to filch from our people their substance ? By inducing us to aaopt our gold standaid and enlist . wg in behalf of the maintenance of that robber system the American press, the Amencan bankers, and a great body- of American citizens who do not perceive the ue i character of the conspiracy. 1 quote from Mr. Alfred de Rothschild, delegate from England to the Brussels1 conference in 1892, to show the effect of? country that one gold advocate has made one prediction that has been fulfilled, and the ohTy one that has ever been fulfilled. He predicted in 1892 the crisis which was then approaching if that conference should adjourn without rehabilitating silver. It did adjourn without rehabilitating silver, and the results have followed just as he said. ' . "I quote now from Secretary Carlisle's report to the house of representatives of October 4, 1893, when he said: " As is well known, on June 26tb, the legislative councils of India enacted a bill closing their mints against the free coin age of silver. Upon this action becoming known there was great pressure to sell silver, and the market became completely disorganized, the price in London declin ing from 37 to30i pence and in New York from 84 to 62 cents per ounce.' "Twenty two ceuts per ounce fall caused by a law of India, and yet in 1S95 this dis tinguished secretary tells the. country in his gold standard campaign and crusade that a law establishing the ratio does not affect the value of the metal in the coin at home or abroad, because it is the metal that fixes the value of the coin, and not the coin that fixes the value of the metal. It is a poor cause which calls for such a miserable pretext of argument. "Certainly, then, the result of laws de monetizing silver has been a fall in the commercial value of silver and a rise in the purchasing power an commercial value cf gold aud a fall in the debt-paying power the selling price of all property, real and personal. "Had gold beeta demonetized instead of silver it would have fallen in commercial value as'silver has, and bimetallists would be mo3t strongly urging the restoration of gold to its old place." At NEWBERRY'S Furniture Store YOU CAN GET The Best Furniture for the Least Money. Something to add comfort and cheer to your firesides : . NICE CHAIBS AND 8ED-R00M SUITS, W. H. NEWBERRY & SONS. '43 tf Receivers' Notice. Holders of Receivers' Certificates of th Peo ple's national Bank of Fayetteville must present meir ueruneaies at once, ii tney would get their money thereon. The final dividend is now ready, and the business must close at once. WM. G. LeDUC, d39-wl9-26 Receiver. law said: upon the price of the metals. H, tll Gfc'rtleraen, I need hardly remind you JJjat the stock of silver in the world is es LTp uat some thousands of millions, J 'it this conference were to break-up tW "og at any . definite result of It Wou be a depreciation in the value fnW 1commo(lity which - it would be ftQttul to contemplate, and out of which monetary pauic would ensue the -fni- to cfki Dg effects of whichit would be im Poble to foretell.' ant it recorded in the -annla of pox mm tffill lNCO MORE in harmorw T with the world. 2000 completely cured men are singing happy praisea for the greatest, grand est and moco suc cessf ul cure for sex ual weakness and lost vigor known to medical science. An i account of this won derful dtscoverv. in book form, with ref erences and proofs, will, he sent to suf fering men (sealed) free Full manly vigor permanently restored. Failure impossible. ERIE MEDICAL CO., BUf FAL0.fi. Y. SUFFER UNTOLD MISERIES.- BRADFIELD'S REGULATOR, ACTS AS A SPECIFIC !Bj Arousing to Hsalthj Action ail her Organs.; It causes health to bloom, and! joy to reign throughout the frame.; . It Never Fails to Reoulate "My wife has been under treatment of lead- I jkAAtrlniv 1 1 tr ft rw nsl W n eVl I fi(T " VVVAAiiAt inf. nuouiu' . 'BRAD FIELD BEUULATOB CO., Atlanta, Ga., Sold by druggists at 31.00 per bottla. The same expense and labor that will sow poor seeds will plant and cultivate Peter Henderson's Seeds WHICH NEVER DISAPPOINT. A full supply at HORNE'S DRUG STORE. THIRD SHIPMENT OF B I O Y O L JE RECEIVED AT A. J. PEMBERTON & CO.'S. A beautiful line of Ladies' Wheels, CHEAP. CUMBERLAND COUNTY AGENCY -OF THE American - Wheelmen's - Protective Association of Chicago. Members furnished DUPLICATE of stolen Wheel to ride while we are searching for the lost one, which remains in their possession until stolen one is returned to them (express charges prepaid by us) in as good condition as when stolen. 507 stolen Bicycles replaced, recovered and restored, all over the United States, the past 12 months. Protection from loss of Bicycle by theft. Cost, $2.U0 Annually. E. J. HALE, JR., Agent. By all means be economical, but don't be too economical where health or life is concerned. : The matter ot a few cents should, never, count be tween the old, standard and reliable preparations and the new, obscure, and in many cases, almost worthless substitutes. smuision of Cod-liver. Oil and Hypoprsphites Is as much the standard for "all con ditions of wasting in children and adults where the lungs are weak or affected, as quinine is the standard for malarial fevers. When ycu go o a store to get Scott's Emulsion, don't be fooled into taking something else, they say 44 is just as good." isn't. Scott's Emulsion has gained its repu tation by its superior merit, and: noth ing of its kind has ever equalled it Your doctor wijl tell you that. All druggists sell Scott's Emulsion. Two sizes ?o cents atd $1.00. A Strong Fortification. Fortify the body against disre by Tutts Liver Pills, an abso lute cure for sick headache, dys pepsia, spur stomach, mala 1 constipation, jaundice, bilious ness and all kindred .troubles.- "The FlyWheel of Life 95 Dr. Tutt; Your- Liver Pills are the fly-wheel of life. I shall ever be grateful for the accident that brought them to my notice. I fee! as if I had a new lease of life. J. Fairleigh, Platte Cannon, Col. Tutt's Liver PiiiSs DO NOT PAIL TO TRY McDOft' ALB'S COUGH Cure; Yon will find it a first-class remedy.' Sold by Druggists. - : -"Ii President Isaac Iewis of Sab! ia, Ohio, is highly respected all through that section. -He has lived in Clinton Co. 75 years, and has been , president of the Sabina Bank 20 years. He gladly testifies to the merit of Hood's Sarsa parilla, and what he says is worthy attention- All brain workers find Hood's Sarsaparilla peculiarly adapted to tlieir needs. It makes pure, rich, red blood and from this comes nerve, mental, bodily and digestive strength. 11 1 am glad to say that Hood'a Sarsapa rilla is a very good medicine, especially as a blood purifier. It has done me good many times. For several years I suffered greatly, with pains, of ' 'ii one eye and about my temples, es ' pecially at night when I had been having a hard day of physical and mental labor. I took many remedies, but found help only in Hood's Sarsaparilla which cured me of rheumatism, neuralgia and . headache. Hood's Sarsaparilla has proved itself a true friend. I also take Hood's Pills to keep my bowels regular, and like the pills very much.1'. Isaac Lewis, Sabina, Ohio. rui I &2 aparilla Is the One True Dlood Purifier. All druggists. $L Prepared only by C. I. Hood & Co., Lowell, Mass. 'r' are prompt, efficient and '-7z- y$tl& cniy In effect. -25 cents. VuARS OF INTENSE PAIN. Wths of those ZZg&S'"'' four weary years. X; 0 II. Watts, druggist and physl c ; - ;":imboldt, Neb M who suffered with I:, r.n v-;i:cse for four years, trying every t-.tupCj and all treatments known to him r. ITand feliow-practltloners; believes that ''v.r disease is curable;. He writes: "I : .h to tell what your, valuable medi-, ;lone for me. For four years I had, 'ii ". il3oase of the very worst kind. Sev ':.:.: i.bysicians I, consulted, said it was Ifiimatism of the Heart. It was almost un endurable; with shortnoss of breath, palpita tions, severe pains, unablo to sleep, especially on the left side. No pen' can de scribe my suffer ings, particularly during the last DR. J. H. WATTS. I finally tried Dr. Miles' New Heart Cure, and was surprised at the result. It put new life into and made a new man o? me. I have not had a symptom of trouble since and I am satisfied your medicine has cured ; me. for I have now enjoyed, since taking It Three Years of Splendid Health. I might add that I am a druggist and havo sold and recommended your Heart Cure, for I know what it ' has done for me and only wish I could state more cleanly my suffer ing then and the good health I. now enjoy. Your Nervine and other remedies also give excellent satisfaction" J. H. Watts. Humboldt, Neb., May 9. '94. Dr. Miles Heart Cure is sold on a positive guarantee that thonr3t bottle will benefit. All druggista sell it at $L 6 bottles for 5, or it will bo sent, prenaid, on" roceipt? cf prico by the Dr. Miles Medical Co., Elkhart, IncL Restores Health Papers for Sale Old papers for sale at tba Observes Office at 20 cents per hundred . - Children Cry for Pitcher's Caotoria.
Fayetteville Observer [Daily, 1896-1922] (Fayetteville, N.C.)
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March 24, 1896, edition 1
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