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SS. C., THURSDAY, NOVEMBER THE SrATE POCKETBOOK. a e ANNUAL REPORT OF STAI E TREAS t V URER BATE8. MatterR Wh'ch Will Interest Eves y Well rnformed Citizen-Tbe State B3ndi', the I Borrowing of Money, and the Financial Part, of the Dipipendar y COLUMBIA,S. C., Nov. 22.-The most a important and interesting report of c any State officer is that of Tteasurer t Bate.3, given to the press yesterday af. 11 ternoon. Every citizen who desires to t keep posted on the affairs of his State t should read it. There is not a line Of r the report which will not be of inter- p est. The Dispensary figures given fur- i1 niah the first accurate idea of the result f of the scheme, financially. Treasurer c Bates says: c "The State is to be congratulated upon the success that attended the ef forts of the Governor and freasurer to e carry out the act of December, 1892, v providing for the redemption of the t Brown consol debt. Notwithstanding d the Injury done to the credit of the 2 State during the dark days of misrule E from 1868 to 1876, and the baneful pres- a ence of $5,965,000 of fraudulent conver- o sion bonds o 1869, beariug the great i seal of the State, still listed upon the New York Stock Exchange, and the c prevalence of the severest monetary I :ianic this country has experienced in B many years, South Carohna refunded I her brown consol debt maturinir Feb ruary 1, 1893, by placing 20-40-year I and one-half per cent. bonds at par. The details of this transaction are set i forth in tables numbered Nos. 11 and 12. "In order that the pubiic may be more fully informed as to the work, I submit the following statement: "During the month of October, 1892, the (avernor and Treasurer visited New York c'ty and rem +tied there some weeks trying to induce capital ists to take the isium of four per cent. bonds then provided for. We did not I succeed in our efforts Some of these g capitalists saw thrair opportunity to i force a recognit ion by tie State of the i fraudulent bonds and demanded such r a recognition as the price the State t. must pay in order to secure their aid v The principal holders of the brown c consols were rt-sidents of our State. awd the prevailing rate of interast. here being hiwo, these holders naturally preferred h iving their consols contii- I ed at six per cent rather thavi ch inize their invt-stweats to four or four and one-half per cent. binds Sli tie were some of the dilliculties that had t.o oo overcomf. "After leaving NOw York wo s-cur.di the servic-s of Mr Coltein Rhin 1, of Augus'a, G:., who turnisq(Ad thA best testimonials and impressed us with his high character and busine.ss ability. le was auth,orized to open negtia lions for fun ling the debt of the State and inviting propositions f,>r four per cent. and for four and one-hAlt oer cent,. bonds. During the month of No- I vember Mr. Riind submitted a letter t in the nature of a proposition from Mr. French, then president, of the Manhat- ( tan Trust Company on the part of said f company and its associates. It was c upon this proposition aq a basis tha. the refunding act of 1892 was intro- i duced into the Legislat ure. They pro- 4 posed to take four and one-half per s cent. 20.40 year bonds at par, and I would place to the credit of the State in the Mailiati an Trnst Comp-ny$250, 1 000 by December 1, 1892; $5,000,000 by c January 1st, 1893, and any balance that might be needed by February 1st, 1893. It was our expectation and hope I that this would be definitely arranged, and with this ready cash we would re deem the brown consols in anticipa tion of their maturity and have for the State all unmaturel interest on the< consols. But, unfortunately, before the act of 1892 was passed by the Legisla ture, Mr. French became Ill and soon afterwards died, and pending his Ill-t ness two of his strongest associates withdrew, having become alarmed ata the unusual shipme'nts 01 gold from the United States to Eiarope. However, Mr. lain,1, continued his efforts, and assisted by one or imore o01 the associates of Mr. French, succeed- I ed in organizing a syndicate of New York, Baltimore, Richmuond, Charles ( ton and other capitalists, of which the Baltimore Trust, and G uarantee Corn- ] pany, Robert C. Davidson, president, was the agent. This syndicate, after] much correspondence and delay, enter-c ed into a written contract with the & State on the 19th day of January, 18b3, ( to take $2,000,000 of the $5,250,000 four and one-half per cent. bonds,which the State proposed to sell at " par fiat", and f were allowed an option of the remain ing $3,250,000 until A pril 1st, 189)3, at c the same price. On the 7th of March, I 1893, the syndicate exercised the option and an amendled conitract was made,e binding them to take the entire issue. I Both the original andi the amend(ed contracts are (in lile in this ollice. It is p roper to state in this connection that ( Mr. R~hin d was to look to the syndh cate which lie organized for compensa- 1 tiop for his services. The State not paying him anything except $150 in & one instance to bear the expenses of a special trip to New York on pressing business for the State in the bond "Early In May the force of the mone tary panic was plainly felt, anid ai ques- C tion arose as to the legality oif the ,on- ~ tract the State had ma-de with tnie syn dicate. This question had to be ,eeVtled, because it, threw a cloud over the titlet of the boiids. A hear ng va had be- a fore ithe Supreme Court, en May 9th and on M.ay 15 h a dlecislion waM render ed, in which the Supre nit Court unani- e mou, ly susmt ied the cotit ract. As can 3 be reaily imagined the ditlicuil ies and dangers thai attendrd the fulilui]it i of the contract c;'used much anuxietty t o 8 those who represen'edi t,he State in ' such responsible work. "It will be seen the re are still out standinrar brhwn consuls to hi' amount c 0' 1152520 27. Or thh-a- 857.375 22 ar,- c he1d for ereon it quesi, an,d ar- to r be canice led and repres~enteti by bIX p)i r cent. s -ri o, as proiyded by act o1 lIe- I cember, 1891, and to redeem the - e- ~ mainder e have cash on hauid,am mtnt- I lng t. $115,258 85. Thus there us an ex. s cess0 o an t.o the credit "If the re. S demption fund amt.unting to 920,11386, r which is explned by the fac:t that in estimat,ing the amou.nt of brown cone- 2 sols to bb redeemed on July lst, we 'I had to allow some margin for what bro wn conisols. might, h.. iasued ulnd-r the various act. f.m 1873 to 1879-8012 between the date of contract with the yndicate and July 1st, 1893. The I mount issued was not as large as was c xpected. t "Here I wish to call especial atten- s ion to the fact that the amount of I onds and stocks still fundable in l rown consols, lezs validity,etc..amount c ricluding interest to July 1st, 1893, to , 482,198.57. Why the holders have d vaited so long to fand their bonds, I c annot explain. Some have been sur- L endered here for redemption or fun:l- d rig since July 1st, 1893, and a question d rose in my mind as to the proper r ourse to pursue. I decided to await E he action or instruction of the Legis- j iture and respectfully recommend e bat the valid principal and interest in r de fundamental bonds be funded di- c ectly in the brown four and one-half f er cent. bonds, and the excess of cash t 1 hand to the credit of the redemption c und over and above the brown consols p utatanding be used in purchasing and 4 ancelling brown four and one-half a er nent. "The expenditures during the year i xceeded the receipts, and the State I vas forced to borrow money. Wnile here was an increase in the revenne erived froim phosphate royalty of $81,- < 58.05, as comp-tred with last year it aust be remembered that there was falling off of some $40,000 of receipts n account. of a reduction from 4 M i aills to 4 % mills in the tax levy. The expenditures were greatly in- J reased in 1892 93, as compared with - 891-92, as the following items will i how: Lmount to pay six months' interest on new bonds.... $118,250 00 1 L n o u n t appropriated, Clemson College.......... 50,000 00 I Lmount appropriated, State Dispensary................ 50,000 00 L mount appropriated, artiti - cial limbs................ 5,000 00 Linount represented by j mill off in levy tax........ 40,000 00 $263,250 00 "ro meet these extraordinary de. rands the Governor and Treisurer, by ,uthority of act of the Legis!ature, iorro wed $100,000 on notes and about 135,000 in the way of overdrafts on tanks. Th - plan of making overdrafts nstead of eiving notes for all money 1 eeded was to avoid borrowing more han was acti illy needed and saving s mueh interest as possible. In con Alusion I inmut ctll the attsnition of the .egislat,ire to the fact that, the tim ilt,wed this department in which to nake a r-port is ioo short. The fsc i ear closts on Otober 31st, and the a,rais'a'ure mt-e s in ab-m three weeks if . r is (late. The s ate Tr-asurer a-i to m ike a det ailld report to t he Joniptroller General of all ihe 0 -tober ranwictions of his departinent, copy his report ipon hit- records and lmi mev all his books b-fore he v in g t accurate informatiion t emiody in his -eport. Cinn->t. some re-iedy be pro iided for ihis diflicul.y ?" The lfziires contained in the con lensed tables below give every one a air idea oft.h- ex-ict financial condi ion of the -fivre government. The Ollowing is the abstr iet of cash ia )lities. 0.:tober 31st, 1893: Iti eres duo and not ealled for, viz )n con)8,4s, (IBr.1wn awl vilid Gre-n1), ron 1879 to 1893, 885,518.48; on 4 Or Pot. redimption bro .%i consols, 1893, '5.02; on blue 4% pe*r cent. redinip 11i dclivieties, 1,93, $78.70; oii new % p-r cew'. refdeupitin brown con ls, 1813, $428.81; on delicienv stock, 879 to 1888, $589 79; total, $86.650 89 Int-!rest fr,mi 1st of .niixrv, 1880 to st July, 1893, on $266,408.05 brown on ols liable Lo be issued for valid >rincipal and interest of old Ionds not et consolidated, balance of appropria ion therefor, 887.839.54; not apecilically ippropriated, $127.950 98; total, $215,. 90.52. Interest on consols to July, 878, formerly I unrdable. no w payable, 591.480.47; tot al, $393,921.88. Principal >f deiciency stock due 1888 not yet sur enderedi by holders, $657.40; principal >rown c'onsols due 1893 ouitstandilng, $1I2,520.27; less amount belonging to he Clemson bequest, $57,375.22, $95,-i .45.05; loans effected by Governor and( ;tate Treasurer authorized biy act 1892, $105,000.00; sinkin g fund comm ission, p42,901.82; direct tax fund, $24,397,54; lirect tax proceeds act 1884, $10,992 03; state dispensary special accouint sales ander Section 2 Dispensary Act, 1892, 515,838.26; Morrill fund (due Clallin jollege), $10,033.65; Clemson College, 1,151609; special accounts, viz: .scheated estate Malono, '$700.82 scheated estate Butrton, 81,70193: )owner fund, $529.07, Clemson be Luiest, $1,061.23; total, $4,602.65; bal ince appropriation undra wn, say, $18, 00.00; t otal, $722,634 97. CASh AssET1S3isTr ov ocTrontin, General account, $12,612.44; sinking und, $42,901 82; balance from s ales 4% er cents for redemption of Birown onsols, $115,238 85; dispensary special und for sales,$1,838.26; cash for re lemptiLn of delictencies, $938 65; (s. heated e-states, $2,111 75; Downer tindi, $329.67; Clemtsoni College, $1,151. 9; Morr ill undi (for (Mallian CollIt-ge),t 110,033 65; direct tax fuind, $24,390.51; 3it-msona bequest, $1,661 .23; total , 227,. '28 55; net cash liab,ilities 31kt Oetobeur, 893 $494,906.42. Liabiies o,her than cash, (bond econnt), gaeen consols outstanding, 1528,5l6.56; less est.imated invalidity, 1419,673 95-108.882 61; brown 4% p-r ente redemrps lun of 'he browna con ols act, 1892, $5 40i1955.86;brown 4 per enlt. reoe pt aon browna console, $122 - 4; blue 434 per cents, "delleiencies," 1400,000; Agricultural college scrip, 1i91,800; bonds anrd ator-k (or incipds vith interest to lst Janua ry, 1880,) <i. horized to be funded !iu brown con)1 ols by the act of11873 aind subs'eqiueitr wts, not includaig invahit , anid vhich perhaps shotiid be a'dde d~ to ihe i ash iiabilities, $266.40805; tot ii, 8 93 168 56; net cash liahbi it i es 31 it G- 3 ober, 1893, as a bove, $49490 ol42; o'al I 1t ii ities 1st November, 1893, $6, G, neral t :ux' s 1891 and 1892, and also ji ack u,axn ., $7:35.411.03; nhoisph ate rov It ',, $233 544143; sale-s bro wn 4%4 per r er is is-. .d letr' re'np ion of nol4 #0 "nsols, 82.930,346 74 ;'e 'vei rpay ments E etnd 111 750--82 929 596 71; privilege r1 ax o irr'iz lZs, $5u 213.93; M 'irill ] il f roma Ui eti state-s go vet-ret, i 19,.00; S al e ditapensary sal.s,$100 332 - 3; in,uiranio liceines - f es., $10,000; I lking I trnd ctrn missioin, ;7,OO0; 'In ,. t 0(1ice of 8-cretauy of0 Sal ,$2,521 13; aOlsd as.t.mreuts for railroaid cmn. I ;iasion, 16,0854-0; -ptciai funds, $7. 37.45; loneos (Governor anwl 8Sr e r aure r), $105 lunO; ot.h'r s urct s, $1, 84.10; tof al, $1.208 456 361; ' ;ilanc*. e ,50 t 14t October, 1892, 1201,748 9%'$4,410,-' t Legiaslative expenses, 143.427,88; pub. -I ic printing, $23,932.45; educatio haritable, penal and ainitary inst Ions and expenses, $223,835 61; Cli on Agricultural college, $151,700 ,iterest on public debt and expen 349,597.63; interest on new 4% ent. redemption brown consols uly, 1893, $117,696.19; brown con tie July, 1893, principal redeemek ash, $2,814,337 89; expenses i edemut rown consols, 6,036 6 4-$2,820.374 eficiency stock rede aned, 60.32; S1 ispensary, $134,493 87; salaries reme court, circuit judges, solioit, tate oficers, county auditors and erintendents of public instatuti tc., $151,098.14; pensions, $51,470 aaintaining militia, 310,000; expet f elections, $18,167.66; conting unds, stationary and stamps, ex( ive ofilces and Supreme Court, G rnor's oillee, including civil con ent fund,$8,254 27; other offices, v ,3,320.54-811,574 81; direct tax cli et of 1884, $1,781 15; direct tax ft 30,233 16; artificial limbs, $5,108; si Tg fund commissioners warra M959 52; special funds, not includ 3,242.23 paid Clemson college fromn ome of the Clemson bequest, $6,46, in other accounts, $24,498 22; t( ,4,182 476.71; balance 31st. October, 1 k227,728 55-84,410,205.26. The financial table showing the ires upon the redemption of the br< onsols covered above and the folli ng statement of the new issue of b -the brown 41 per cents rodeeni n 1933 are given: Total am,unt issued to 00tober .893, 35,401,955.86, of which aim he purchasing syndicate received 50,000; amount issued in exchanZe )rowtn 4 per cents under act, of 1 150,926,57; additional amount iin ,hange for brown consols, $1,029. 55,401,955 86. As will be noticed above in the u >f expenditures 813-1493.87 was expt d for the State disuetsary, the apj )riation being $50,000. BIa'd Full of Fight. WASHINGTON, Nov. 21.-Silvert ncouraged by the election results >elieving that the condition of ountry since repeal has demonstr hat .he silver purchase law was he cause of the linancial depres4 ire preparing to renew the battle iver. "We expect to undertake to pa ree coinave bill lefore Congress auris." said Mr. liLaid decisivel I ty. "W hat success we will hav very imcertain. I shall iontrdtc >1il re ei acting the Act. of 1837 1hus prov iding ;ipai n f or tho II e C ,ge (i the htaijht d silver d(olar. p sil i is that we sotld rept al ill oi 'tie Sherm-in I w aon silver ave the law of 1837 re enacted 'hus put silver , ack to . rieie -t b-ore hw pu! his hamd on it. Sinc have rpealed kne of his la vs let a p-al ali of them. 1 think that t m (V of the C1iniAge ComlinlAven %Wi vor suoh a bill as I am reparm;i hink te lge e1e1tl;)n will , timl Pome of them to a belief in the wis >f such a policy. The last elec eemed to be a general want of e, letce in the Deuioci ;tic party. tsuilt of the Le el,.' i oil does not j 'i her as thotigh tne people had m ontidaece that. I he repeal of' the S nan la-v %. ould help I hem. "My purpose is to int.ro inee' suc >ill, have It oni ptly acted iupol ly :ommiLte, ts i hav e no doubt it Pe, and have it reported bacK to Elouse. I am willing to wait III easoiable time for the discussion tssage of a tariff bill bea ore prt s .tie free coinage measure. We iot embarrass theu, ant will giv me any exuse or evading the is L think our pe pie ought to go to % LUd p-ss a good t erilf bill at an e 1a , and alt er that is done 1 purpo ace i we cannot have somelt lina egislation. For may part, I am a I ;rader, and do not belonag to the i lental protectionists. Of cours: :hey put wool oa t Ihe free list I e xpect anid insist on a very hiavy ni woolen mainuf.ctured goods. ihould consider it, very unfair to vool on the tree list unless we a ~ompensating redlaction in mai ~ured woolen goods." hIattle in the nMounlt,aon. GRIEENVILL.E, S. C., Nov. 21. rices to the Greenville Ne ws says i regular battle occurred yesterdu he mountains, nearl the line l>etL ireenville and Spartanburg cour n the Spartanburg side. T1nere t public sale, and a la,rge number o nountain people had assem bled. ' cey flowed freely, and the're was or less fIghting all day. This cuii ted In the afternoon, when t.he ow~ f a blockade whiskey wagon an Oliple of State disp)ensary otlicers, iad tried to seize it, came toge .tler a brief preliminary wral hooting began. Most of the sober Idery men had g'ne home, anda oys" had a leautifuil i ree igh hemselves. Oae of the owners of vagon, a man named P'arris,f ort.h Carolina, was shot through eart and Instantly killed. I 'isher, one of the dlisp)ensry oflit vats Iounad in the kitchen dead, wi millet throtigh his breast. Severai others were wounded, t1 eriously, and nearly every todty la lash from ti knife or ai blw ivIroan mutt of a revolver as a aouvenair ol >ccasioni. NEw YORK, Nov. 22 --The art ah of coLa ono gooads for 10:3ss, F& a Co. was heuld todlay at the a'el oomas of WVilmnerdling, Ilogaet &, 4o. 61 i Whit e st.ree,. 'These sal-s eldl each year lor t,hie pur a se of lag tha" arae' of the counat ry. J eari -13,000) rack .ges wv, no sold. 'ear aanly 16.00) e ert offero (1. Tlae ala for' ai, 1 ad og11 i to Ciat. l1iin hat m.st, ea . air i.tr<.' mails ha a-ein rumating (iii hai tun-a- tor a nen are wtateinig I i v ay Ils as it1 Irobaably dernalea nt her t c1hey watt h goaod winatea 's .vaik or whatrier oajoarit,y ot triis I aies tomils iti 3' aw ria S a-tes, of wa:::i li:t0:, l'ah a Co. a-re, the ageat s, w .11 .h it d a t'he auct.ion romsai w amer ra nie I he muorun ag, anad th.- Ii oding a '. -- (ost. epirited wicni hac , vyren(4 eraza these saes. C2 1. Ib s s idal maces fully came uip to is .-pa : i aid hie colalde,rs the resu~alt ii .0 n evidenace that the cour ry is tir aoads ania that. traders wilt he' n uyers tIes wi,r Tue sal. - ie - ho' entiare dlay. T'he reeip a its sbly foout up t.o ovear one unihon n : WIlY WE GO BEIEN Itm 3in. 18; FREDERICK C. WAITE TELLS WHY ses, per THE DEMOCRATS LOST. 1st os Tihe St-ty-at-iH ome Vote D)id It--3 cle of I in ion Democratic Defeat-Popultlu Will Throw tho Election of President to 1I96 ate Su- Into the louse. ars. st- WASHIITON, D. C,, Nov. 21. ms Frederick C. Waite, who did a great, .27' deal of expert estimating for Superin ses ten -ent Porter in the census ofilce, said ent some notable things this evening in his icu- lecture at the Columbian University. ov- Prof, A. F. Craven in introdacing him till- said: "We have with us this evening tc., a rislu. statisticiau whose remarkable S, insight into ti-tures enabled him twelve nd, months ao to )oint. out in his lectures nk- at Johns IIopkins University that the uts, forces which produce commercial crisis ill were at flood t:d-. Had the bankers .11. been as ex)ctant of disaster, they would have maintained their reserves 89 and thus staved oil the blunt of the cri sis. fig- "Mr. Waite, who is making an elab )wn orate investigation of the cause of dis )W- content in this country for his lectutes nds at Johns IIopkins, and who says only Lble what lie can prove, wilI now address us upou the lessons to be drawn from t,ite electon. As the election is ttie key ntboard by which the citizens cf a conti nent exoress and record their wishes their hopes and their discontents, the scientilestudy of election statistics in >9 such hands is eminently fitting in a practical course of economics like ours." ible Mr Waite said: Another "tidal end- wave'" of disapproval has been recorded pro- at the I)olls. Let us analyze the re turns in the lilit, of sixty years of elec tion vtatistics. Prom my statistic%l chart,'coin paring the political complex. nen, ion of eleciions for t-%cnt,y years with and ,iose of torty years previous," you will the see that, durin,- the last twenty years ited and also the twenty )ears ending mlth not lie br-ukimw tip of ihe Wh big party, the titn- D, mou ats carricd every alternate Pres for id j(ntial elct,ion and yet were alwaNs e a etvaled at the intervening Presidential ssda to- To the Democrats 1836 and '76 e is brotiht vietories at the pol s; '40 and a '80 dI lieals; '.14 and '84 VIctoriet,; '48 and ad '88 d f, at-; '52 and '92 victoi ies. More. o i- ovur, ' u I o ice that dJur1mw both pe M . ri(ids the Diemrats c.Arriud every off nlo%w ( On-2e-ji'oal i en, tScept the one and durmn tLe M xican ntsr. and A vear ne, m a , crr at Johi.4 p'ens 1-1K Ujg:v-isit\, I aviii thus point d -u, iti d-al ui t th. (lci'n pun u - ij r- - ini-s t1o. Iani e ( f supremac% I F-1 K)A4 tpir to party with m1a1,ihena.ical . - i,uhai ity wheniver there is no _,rta llate .S WI If, wve I Ulhe 1)1)111ical parties, I (lon,maic: "TIherm is nothineu Purprising to 1ion s ist Jciati in the Clevolid Vote. inti- Tle R Iu lican Irimers have not b. '1W co ne Dmc-crat.'' This year I add, ook 'i rit the D, mt c -.t!8 fiive not, voted the oCh Itepuh) can ticiet-l, luit have merely al tier- j( to Ilhe eI,- ) I.( )N by d<1.l. h a S~nev i' It oublicaun votv I r llari-i :-on im 18 S , q 'aled a larr' p.-1 cent of will le lo:al luaUller of le al voters in Now the Yo: k than the greaWest Democratic vote en a ever p lIed, it i lair to Aurnue that the and vot:ri not affiliat,inur with the lusser sing l)trLes one hill ae Itepubean0s aUd will tbe oher halt are DIlmocrats. Thece e no fore by sutibir ing f'rom the Rv)pii 0ican sue. hall the I.: ublcau vote in 1893. and fork from tho Dmorie h:If I tle De.Uo. ;tly ciatic vote, we ind that 190.000 It'pub o to liLOans at,dl 210,000 Demicrats dlid not cilvote, if we asume that t.hose voting4 cast, ne their owni party ticket, with the excep ad-tion of saty, 5.000 Dem~ocrats. ha Mi'. l)hpew, however-, claims that cut [50,000 Demiocrants voted the liubi 1. cem ticket. If so, by deductinii t,bat put 150 000 Decmocrats from the 215,000 eit a Demiocrats wh.> dId not vote t,he Demiio Ltiac- cr-atic ticket, we have left G-2,000, the unnmber 'vho didn't vote atall. Tie total number not voting was 4100,000. Sub tractini! the 65,000 D)emocrats we lave -Ad- left, 335,000. the number of itepublicanls that niot, vototg. y in IIenee it, is in order for Mr. D)epcw to vles, eplahy lie thin~ks tht, 335 0(00l v s'pubhansdeemedi their ticket, unworthy V/the of being voted, while all but, 65,000O of ihis- the Thkmocrats marched in solid col nore umns to the polls. ruin- To show that the lLepublicani fariner ners did not vote for Cleveland I anailp. d d a the election returns, to wn by town, who thiroughiout t.he rural dis'ricts of New ther York, and dIlscove-red that, the rur-ai vole igle for Cleveland was even less in 18'J2 aldr than in 1888 in every na'ricultural county ieof the Emire btate. Sa great was the d o(ecreaise, that it mone, than '-iset the thm Cleveland ians im New York City. roi 1nfh.1o10 and the cittics of the int,erior. Inr In Ohio it wats just the same. Cleve r and' s vote was htos ini 1892 th mn in 1888 t,h a mthe rurai towniships of ali the agri h ree lII ice .ne only reas >nai bl conclusion 1(1 a is that, last yeair the dissati4fiedi ILitibli thle caIn farmners, andi this year thease and the~ ot1hem- dliss;ut fled lie:pub'licanKs and dhiS conienited IDemaocratic lai boreis by the h i died of tholusandsil, lave j iined the sta-at-home yv:;es. Last year the ianuhKal 3tay-t-h'omec vote ini Penni ~eania n'im yun hi redl 270,000, this~ 3 ear 53o,000, in New ion York.~ 200,000 last .yeari, tuns year 400, CO ' 000; in Viiurmnia last year 75 000, t,his a'~r 150,000; ini (,hicaco 55,000 lant yen, ' ' ar 180,000; i> Nearaesk a 40, S000 ini 1888. tis c ar- 120,000. It is rean ['n ilita.t homei party wh ih has madmi ,is suchi lphe-lint'ial gains, wiled wi:thout .ing A ci has hadl an1 elcii in, the re has i k- lbt 'ii a <fh cr,es ii the vo of thi. 1B: ,vii ul p uben. Demliocrat c and all ot,btr par ti )h hI .;gin i'-u ini some iit' trie Stat-a ' ii.a L I 0n accout, of' I he din a wai ithVif 'Uiilon. M ,r.ila'id has niot, ca-it for tI De in t:o S i t ca: -hdates e-uc'i a na Mu*!! r at >t lier fuh v'te wn.h;ii 4)1 n" ii' hiv'e years. Ii' Pennj ylvania t,be ni e I) - i' i ert.e par~ t v ha lit4 Ki l.ji iledt such e or sinai v.ote 'Or nI ai er tiury. Iiv'iih- aol.. Sh.lL' lt-a.i - ,-t olile icci-,. ei' ~ c 10,: eri i -amn- a~ ihiose iii 1' - . .-amr, w -2i 1.000 000( lie pu bicean f Lul-[ mu. rn su., ed .uno .iL-iit le.. un Ii tlr Popa 1i ?mt briuhrun eat 1, 12,53 r tc o the strength of visionary promises. Al though many of those promises have been proven to be worthy of as little considerationas those givingutterance to them are worthy of the support, yet the Populists have held their v)tc remark ably well, even in those States where they were successful last year only be cause of the aid of the Democrats. Census and registration statistics dis close the fact that theState having elec tLions this year have furnished their full quola of G 000,000 stay-at-home voters. Fully 4,000,000 of these are utterly dis satisfica with their own party. They and the Popubsts are the two potent and every increasing armies of discontent. Plans are being laid to unite these forces under one banner. Their utter lack of leaders of ability seems to be the only obstacle. Those causes which have produced their discontent are identical with the c iusea which have produced the present fInancial crisis. Hence, I may quote a few words from what I said in Mise laneous Senate duument, No. 25, "re lative tj the cause of' the indus.rli de pression".' "In a word, the total net private In debtedness of the Anio-ican people equaled In 1880 but, 6,750 million dollura. in September 1892, it, al'minted to 19, 700 millions, an increase of 12,000 mil lions in the short period of to ,ve years.1" "These mute fi.uree tell the tale. One manufacturin and miniiin- industries have been stimulated under the intoxi. tatins influence (of protection, wiile our farmers have been compelled to boirow to reetLdefuits. Our land value3 have been bolstered up by booms and ruth less real estate speculations all over the West and South. Riilroads have been built, to forestall competitors, to raise the value of land and to build Cit.is where none were needed. Bonds andi watered Ptocks have been ruthiessly I)ated for the purpose of wreckin:, valuable proper ties until now the liabilitics of the rail road companies, c(ial tully ,5 per cent. or 5,000 anillion dollars more than their '.otal assets." The general dise-itent and pri o'sund unrest produced and reinforeeti by smuch potent cconomic lorces an(i combinled with the possibility ol a 'labor vote ut% he expected to debar the 1t mulics from uaining the nec,-sstri in ij >-It y in the next electoral t >lleig. As 189G is not the soar on which D mocritic vie tory will fall according to tie lW of po0itical ccles sitr-eady not,ed the 11.mIIAf ot It -prest-ntatitvei toi he chosen in z'.l witl prshiblN elect the0 next PresIdelt of the United Sat1IL. Ly1.ehe4 in a OTTUM WA. I-%. Nv. 21 -An excited and ansgiy m h II litiig Predl Giistifs,t to tie at air ratlite of Jlistice V'ruita's court ro nli at 2:30 1 his at ternion. Gusafson britally assmit,iId the f our year old girl of Jone Sax aboiut, 10 O'clock last isiiit. The brut,e wts arrested shortly art-.r c )mmi'tng the crime and lodge In jil. 'its morn ing lie was taken to ;x's liiuso and posit f vely iden illed by the li tIe gi:I and a coln'ioli, who was enticed to a room toiilo hr with i le lit tli S ix girl, but was pertnitte.J t liave afLer gettinig inside the roomn. (us als 11 kept the I:tite S.jx child aid suicce ted in hik pilpo.w. Ie thei- turned iher out, and with u11nlch dillictilty she ste ceeded in reachmin( lioit-, iin a terriile condition, and rela,ed her ier horible ex. perienice to i--r parents. I1er father w!-w to police headqliar ters, and soonl Capt. I llnnon had ( 11 taf-son bAhlid the ba's o1 the toini.y jail. At 2 o'clo(:k tod;iv v Gtustafsoi ws. taken quietly to Justice rruitt's otlie for arraignment. Thew iews f.hat the manr wasi in Truiitt's Court sp)read with wond(erfuil rapidity, andi in less than twent,y minutes a crowd otf perhaps a thousand was surging around the stair way leadfing to the court roomi, trying to get at t,he prisoner. Th'fe mother of the little girl, suc ceeded in getting to thie top) of the stairs and to thie platform in front of the court room swung a rope, and to. gethier wIth her aged father appealedf to I lhe crowd below to hang (Gustfafsons. Slheriff Mcintyre and Mayor F'orce appe~saf to the crowd for peaco arid sif l 1ence, btut all in vain. The mnoh forced its way inito the court room, over whelmning the oflicers by sheer weight, of' nusmbers. Th'le leader seize'd the rope from the hands of Mrs. Sax andf as thie court attaches were powerless to int.er I ere, placed it about Gu st.atsona's nieck in a tw.inkling. With ia yell of rage-, the rope was seized by a 1s lidaredl hands andt the qutakiung wretch wws drsagged I iroin is cha ir aicros~s th tilifori to) the dioor, where he was 1sf to I over the rail isng u itf 1 the rope had beetn iniade ss cuire, whlen lhe was let go. lie hung suissendedi- above the pave menit on the prinicipal street of the ity for fitlIly ten5 minusiites, thes contoirtions of' hiLs body biitg (ecedinigly ri-volt, inrg. Sud Jetsly t hei rop)e parted a ti ihe blody dropped to the street, below, ai a rusn was made for hits possess5ion5. T1hie police weore first to reach thie b)ody, and hastily thirowinrg it, insto a farmer's wagon, stanlding neair by, dIriove irapid1ly 10 the jail, folio we't b)y the rusob. TIhe lynichers again demni-. ed the body of Gutstasfson, nor would they dtesist when told that, the luan was (tead. A true wa.s pt.chid( uip by t he apspointimehnt of' a commi ite'e, which examtied lthe body ahid pronsountceit life extLInet,. The mob then quickly anid q 'ii-t ly dlispersed, and the cit y Is now as spiuit a-s la no thousgt, of' the terrutile is ffosr of the atlterisoon hadl i-ver ent-red the minds of any cit i'e of t Ihe place. The lit' I gIrl remnniins in a p re sri ous condfh fooi, wi Lh the chaiice's of litf e greatly agaist. lien. Tea. tilorrosrs og W,re. MI A DisoN, W is., Nov.- 17. - is' .viod .Seniia~ry, a l)uusiititests feisab; 1:ii tsi t,ion, two mhus s f roas m is city, was birnsed list uign .. lFsfry girls we-re ini atterndanice. T1hes Si-tntun ry was dtocat ed t o ih- Si'era by ex -Gsv. G. C. WaTh - bairn. ilor,th ssnuddig wvere bulrinied. T'wo lit tse giris wer .or fT~ , sd in bs'd -MaIgl-I .ie iac, aig I six b ears, 01 Chii ('ag , anid Ma gg a iticis, asredf sievenh of Stevosposrt, iS. T1heifr youige rosim miare, Firansces I len net iirg. aged seven tears, b'areiy escl-I". J:1- sfiter was very suadiy inajured by inhialinig smoke anid lien recovery is doubt.ful. '1The tire originsatedf 'n the 5- amd floor arid 'ort-ned verny i ipidt y. l'ne boudy of otne of the d--aJ diris was broug it to the cIt,y wis h ' he inijurest Sis'er arid F'riti C--ia Iiinnebusrg. ,TaeS llaancial loss Is $50,000, partly iu,trm. SCHOOLS AND SCHOLARS.F A Statistical Portion of an luteresting BRITA Re port. COLUMBIA, S. C., Nov. 23.-The re port of the State Superintendent or I"" Education shows that previous to the Loss fiscal year just closed there were 3,053 the free school buildings in this State, and I that they were valued at 506,984.97. of these buildings 692 were log; 2,268 Lo frame, 41 brick and 3 stone. The num- swepl ber of school houses owned by the was school districts was 1,069, and by other Throi persons 1,999. Forty-Live were rented repor and the amount of rent paid was f1,- moRt 82383. During the fiscal year just closed 80 Bess new school houses were built, at a total tfSt cost of about $19,000. Spartanburg led dfa g the list with 12 new buildings, as she dragg leads all the other counties in the total B.)th number of free school buildings in the be sa county. were The number of school buildings in of pei each county -:nd their value for the with year ending ().tol 3r 31st, 1892, was as fisher follows: piecei Counties. Numb3r. Value. rolled Aiken ................. 51 $1,114700 morn Abbeviile ............. 197 11,850 00 seen. Andersoo.............. 137 ........ Th Barn well .............. 150 10,250 00 the n Beautort.............. 31 7,75855 fered iikeley..............- ------ roofte Charleston ............14 155,000 00 levele Chester................ 108 18,11000 the fl Chiesterlield........... 7:1 5.00 00 Clarendon............. 98 .packe Colleton............... , mgs 1 Da(rliigtou............. 2!. ........ been i Edgei2ld............. 212 .........of D Fairield.............. 2 0 2,319 04 most: F.orence.............. 1: 1,600 swept Georgetown ........... i;I ....... dls',rei Greenville............. li,i -11,05700 from i Il Ilam pton.............. 98 3,800 00 the I IIarry --.-.-.-.--.-- - .... ..- --- --- - - shore Kershaw................ .10,48000 boats .-imcaster ............,, :3 2.67500 back. Laurens. . 18 5,009 CO * L""xingtonl.............. s 2,565 00 Marion................. 12 20,000 00 near I Marlboro ............... i 7.195 00 'our o Newberry.............. 102 11 (j8)0) vessel ' .. .. .... .. ... ...5 15,2 ,9 1)) The I nrangebiurg...........11 1:j,q 0R00 wreck Pi'ckens ................ 5 ,15) 00 Wei I 1.Llchlan<d1... .... ........ 1,1 22.8Wl o to pi Sparranbirg........... 2n1 3. 0)) 00 iavei Sitler................. 72 21,378 28 an (I S Union................ 5o 5,IM 00X Wind, W illiamilsbulrg.......... . 1,5.1 O when York................... 1- 350,00000 beforc - - - bottoi Totals : ...........:(.058 5l06,981 97 folk, i I' le total niiaber of tetecliers vm- noon I I Ivf-d duiring tiw p:us, year was 4,535 Trat 2.111 I1:1m1 s and 2,421 femiles. As eraft it o clor 2 67; were wtit -- p5 malt,s I)v tl( :md 1,621t teala, and i 1,59 Colored m,0. males ani 8(,) f ainales. Edgeliold pOrtat 'p,11ovs tl ie largev. i)nmnbir of teach- tilia crg, 201,'wit,h SIrtaibilig iexl, 2-11. th mu 'I ho t ot' amotit 1).tid in salitries Iuic was 64 10,522.17. The amount, p id a bect ( 11-91 grade teacher ranges froin %20 to says t $10, accorditig to county. 1h1e feiae fered Leachers get 1,,s i t han the ma1L)es. Char- Main V leton 1)aY 658,419 35, to teachers, more vice of than iIy otner county. The number pendet of t1eailels who atteinled irnstitiltes At d rimri the yert" was 1,581 -871.) feiales tlhernic mid I12 inales lh1 vxpense of t1heso hi tist I I es Vwas 2,419 95 As has already snow bven published, 223,150 piipils were en- toay rolleit it, ie schoolI 0l' qlm t Stat,e i4 Loday year, 120,597 being colored and 102 571 Portsn White. As to what the IIpil study IIampc the f"ollowia will sow: The alphabet, mornin 2-i.f;7 ; spdlting, 172,11)5; rea<ling, 15,; - coast. 271; wr-ititig, 133,002; ierital arith,ne- One bo tiv, 43,601; writti arithmetic, 93. 151; went d Woouraphy, 11,12o; Eiglish graomiar, which 5: 277; history ol' Solth CarolinIa, .4,- sailors 426;; phdivIvlogy and hiygeie, 1,212; vessel ilghler bi anichles, 9,0U3. beaten She wa I)ron-unc, in (c,y',gn LIIe. Cardiff ITr ilca, N. Y., Nov. l'J.-L-I. S. Mer- Rep)c ria.tO,an m istruct or ini Cornell Umnversi ty, rapildly and M4iss M. L. Yeargin, ai student, schoon< wentl oiut rtowmg: oni Cay uga Lake yester- Yorksh <htly alternoon), anld todhay their boLt, waLs men) abl fouIlil overiitured in the Ilakc. Nothing wcnt ait haus beeni seenl or heard of them upi to 7 ness co o'cloc:k tomehIt, and they were evident- erew w hy dirowned by thec overturningI. of tire I Iavre b)oat . Th'lev lined aL bolt yesterday af-- the stoj te:rnoon atI 3 o'clock. 1t was very coli, the wc andio a strong wind blowing onl the lalke, fitty ye The boat11 owner told them to keel) along evory I the west shIl're1 ol the lake, as it would able sa be dlangerouls, e:lsewheIre. This~ they did t,ho wa hot doi, and11 it cvidlent-l. cost then their were dl I vI's- sunik w iLater~ this evelning ai hunlIter br'ought to theI ciy an il overcoat, whii ch had the2 mar11k (It'a Bldtimnore firm ill it. It wats CuIn; iiletifiied as5 the inIstructor's ovueoaIt h)v hi gh so a getIh: lemn whol boards aLt, the sameiw hious4( with hium. Ellhoris will be madecam to recover the bodies tomorrow by the t,he Wo u1e Ol aI ILcann on. The holdy loas been puii stuidyin aclt Cornell hor tv:o ',earIs. 11er toret IIin1( is i' laurensI et Ii :I8sty, S. C. Mr, SaIlazar N'Ir:imi wasH aI CIrtIte oh Va:ioderbilt- -the 1lea4 tuoi ve'r.sty. ie o k a I1n>s' grauawte and sta c)or'e at. thle Jhn 10pokins Uniiversit y, o1 Italil and0 tis waLs his first ye:ir atL Co rnell, comnmii hbinlg an1 lnst roe ar in the polit,ical menti (conomy departmenIi 2102t. Iie pa rents ro- Amerlc -ide mn CInIIt:mon11, Tenioi. where hiis chairges hithecr is a lrge whlolele grocer, rc- with ha 1 >rl dI to) be ver'y weaIlthiy. I'he young induice< 11nm? wasH passionaitely f*)>id oi the water, tinder I Inl waLs ont the lalke nearly ever 'day, wom I twas I ii uisu 11 custLom Lto take omland1 Voung l.dy WIith hunII, and1( thins facLt, toienn once pult at reI.st al1 thlol.tis1 of the aflair sto' t bi i' 211 elopCeent. ThIe parents of en has b) 1h the 'younhg i'eple have been wired means to thc diect that they were drowned, exhibit - -. ollieiah Toi Che':k the. LanaI<ie.tae WAsIhiNo'oN, Nov. 17.-Chairman woman )ihekins,n, ex Assistant Secrtary of of thlis 8111,' 1 Jslah Q4uinicy, ex-Congressman visitorI hi 'I. CaLIe 01 li nois, 11loa- .John1 Il p- der the K ina l os am201 i Otber p)rieunt I)ono .' s hive hi t wo or tnree in lormahLi 'onferelnce's ini this~ citv, t OTT, which ,r s aggestioni that the headquar- hanget Lrs of 1 he1 i)nocratic National Com-. identi[ nt t,e be op~*.ed here was discussed deen,' 'al consid"gre I. Thf'e preposition is A yo) hatI the D)emocratte Nation d Comn- worked rittee shall w've some attention to the with il 'leCtionI o1 18t*, with a vie.v of having that ti i systematic campaign made. The 'The ch nattter is to be turi her considered and a lkely to take definite shape soon, All the gentlemen named left for their jA R riomes this afternoon, but the state- roof'0f mnti as to their purp IsO to make con- ed in ( :aerted1 effort to check the furtner prog. rand, fi FteSs of the recent landslide was oh. Sisters tained au' horltatively. They were all hiaters at the White Hounne today, ,Jured Y OF TIE STORM KING. 'IN'S CDASTS DEVASTATED BY WIND AND WAVE. lerable Slilpwreeke, InVollaa Great of Lfte--now-Drifte Piled Up on Siores-Soldiers Frozen to Death eir Piostp. 1)1)N, Nov. 1D.-The storm which the United Kingdom all Yesterday still turious at 12 O'ciock today. L-lout last night and this morning La of shipwreck were received aj. incessantly. The Vulture and the e, small steamers, which took re yesterday afternoon in the harbor Ives, on the Cornish coast, began ing their anchors towards evening. signalled for help, but none could at in such terrible weather. They driven ashore, and after two hnuri ilous wo:k the crews were rescued lite lines by the coast guard and men. Tihe stea ners went to i in the tremendous seas which over them in the night, and this ing not a vestige of either hull was 3 people of the Orkney Islands, oil )rth coast of Scotland, have suf terribly. Many houses were un d yesterday, walls and barns were d and haystacks were lifted from elds and blown out to sea. The t Osprey was torn from her moor ,nd carried out to sea, she has not sen since. The whole plantation unbeath Castle, in Caithness; the notherly c )unty of S.-tland, was clean to ti Lround. Signals of as were seen 11ying this morning L vessel on Vhe Idwin sands, off Centish coast. 'The filiermen on made repeated eflorts to get life through the sea, but were driven vessels were ashore this morning Ioly Head, oil' the Welsh coast; them were'breaking up. Six other a were making signals of distress. lorkshire coast is strewn thick with age. Near Whitby, three vessels tshore in the night and were going :c.,F at noon. The crews were . Tre excursion steamers Tern .vai, which were at anchor in imere lake, County of Lancaster, tie.storm began, were torn loose daylight, and both went to the n. Off Winterton, County of Nor , schooner louuded shortly before md live of the crew were drowned. wlers, fishing smacks and small ;f otlnr sorts have been reported i score as missing from every im it point on the coast. The loss of a been great, but no estimate of mbor drowned is possiole, as corn ation with varts of the coast has ut ofl'. Dispatches from Havre hat thC Normandy coast has aufgr more severely that f9 y"'ears. lives have been lost: The ser channel steamers has been sus. I completely. several points on the coast the meter has fallen rapidly, and the rinas have piled up enormous 1rifts. Two soldiers were found frozen to death in a drift near ionth. The British steamship hire, 1,593 tons, went dows this g off GurnaLdshed, on the Cornish All the crew took to the boats. at reached shore, but the other own, and the twenty-three men it carried were lost. One of the who were saved said that the iprang a leak after having been a bout by the storm for five housr. s on her way to Liverpool from rts of minor wrecks nmultipiled this afternoon The Nor wegian ~r Arne sank oft Filey, on the ire coast. Only one of the nine oard her was saved. A trawler bhore near Reay, on the Caith aist, andl seven of the eight in her erc lost. Reports received from md( Calais this evening say that iU along the Normandy coast is rat one experienced in the last ars, Wrecks are renor ted fro n oint along the coast. Innumer-. all craft vanished last night from ters along the coast. Vessels ragged from their moarings and th all on board. strantie(t In Chicago. A Oo, Nov. 2.--Four wonmea of cmal position in Europe, who mere last May with exhibits for rulan's Building, have been left ss anld friendless in this city and ing to secure means with whioh n to their homes. The Countess of Naples is said to be one of l4Ars of the best society in Italy nsds for the modern renaissanee mn art industries. She has been stlonedi by the Italian govern o look into the industries of an women while here. She the board of women managers ving broken faith with her and I her t o come to this country also representations. The other are: Mine. Magnusson of Ice [me. Korany of Syria and Miss Sarabji of India. TIhey all have to tell similar to that of the as Salazar. Several society wom e5 been trying to devise some of assisting these unfortunate ors, but so far none of the connected with the fair have ' ny interest in the matter. One in speaking of the case today It is a stigma upon the women country that these unfortunate should be left unassisted un circuiustances." He Waa Alwaye a I3ruse,' JMWA, Ia., Nov. 22 -The man by the mob yesterday has been ed as F. 0. J>hnson, of A ber 5. D)., alias Fred GJustavason. lug man named Lester, who I with h'm,come to the police lus information today. Hie says ie man was aiwasys a brute, ild lie assaulted is dying. Killedt While at Prayeru. is, Nov. 22.-The arched stone St. Pierre Chadel, recently ereot )ourpiere, near Cieremont-Fer sll this afternoon, while many7 of Mfercy were at prayer. 8everal were killed and others were In leverely.