University of South Carolina Libraries
ALLIANCE DEPARTMENT. J. F. FISH FT Editor. Those who have ordered their bugging and ties throtigh the Alliance exchange will please call and get them as soon as possible as we have to get them oil" in time to meet the drafts at the bank when due. 1 Mease attend to it at once. We would urge upon every \1 lianceman t he importuno <f more . 1 l i . ' uiui'Mtgii wi g.uuy.i ; i; . i t ?;e way Io aeeomplish this s t > get your neighbors to join th A11 i ance and thereby increase our numbers. There arc plenty of good men who arc not members of the order who would !> a help to us and would surely he L<eie titled by belonging to the Allianee. We will want to buy our fertilizers before a great while and there are a great many men who regret that they were not members in time to buy their loianos through the State exchange last season. We want you to hurry up and he in time for next season. Food lor Legislators. Ut ( cortfc II. I-.icey, of Delaware. While the brains of the nation are wrestling with the financial question, with no prospect of an early solution, unless they sur render their convictions to the inonev power, a temporary divergence might relieve the strain, and pave the way to a more equitable and logical solution of the important problem. While it is most essential that the values created should be repi- sented, measured and exchanged by an agent, both stable and unimpeachable, it may well be questioned, if, after all, we have reached tin' root of the evil. The problem with which we are wrestling is not a question of money, either as to its quality or its quantity, but a question of the ratio of distribution between loanable capital and the earnings of productive indus iry, or I In* rates of inlon >t whieh the borrower pays for the use of money. If there wore no debts and no debtors.no borrowers and lenders, thisartiele would be robbed of its pith and point. Hut, nnlortn natelv. we have them all, and the rateol interest whieh the borrower pays the lender, i.? ll ratic? of dist ribul ton. 1 lie rate ehaneer-. .1- the result ol two laetor-, the one. the law ol tlie doiniidie ; the other, the no ' cssn ii'.- <>i i in" iXfi'nuvcr. ill*' It* _al rati' varies l'rom six percent, per annum to tfii per cent, per annum, ami on*' (?? two jut omit. jut month. lint necessity knows no law. it tli?? rule an*! not the exception. that bomb ami other evidence* of indebtedness when placed upon the market, are sold helow par. so that the purchases secures more than the contract rate lor his investment. Hank discounts run thirty, sixty and ninety days, and the discount fund is reloaned and k<*j?t at work until the average burden paid upon borrowed capital in this nation to-day is not less than ten per cent, per annum. We have been and are a spec ulative and ambitious people,con stantly banking upon the future, pushing credit to the utmost lint I) it,and paying lor it ; but the bur p don, ultimately reaches back to tr the producer of wealth remorse la lessly and relentlessly, and the at ratio of distribution has so far exceeded the ratio of increase in na b< tional wealth, that centralization d; has gone on so rapidly as to $ I threaten the stability of a popu- si i lar form of government. In 1 ?S(>0 or we had a national wealth of .fid, i at 000,(100,000; in 1S0O we had a i Si national wealth of ?>05,000,000, ' 000; in 1 S!)-l, as the result of! pi < 'l? veland's policy, inaugurated in to 1.sng.and dictated by \\ a0 street, p] t he panic ami depros ion of values | fu WHICH followed. It'll It WlMl ;1 nil- I \\ 'tional wealth of $">2,000,000,000. j Si | I lore is a period ol thirty lour years regarded as the most pros- pi porous in our historv. Ti ' M ' Money at lour percent, per an m 11u>11 doubles in seventeen years. | yi beginning with $1?>,000.000,00() j p, in I silo if we had increased at ta lour per cent, per annum we th ought to have $0-1,000,000.000 in vi 1*21. I>ut only had $.">2,000,000,- o| .Ooo, showing that the increase is only about, three per cent, per j annum. We owe in railroad bonds alone $12,000,000,000 X1 which as a rule bear six per cent., and sell on the market lor about 75.1,so that the proceeds of these j bonds bear a 10 percent, burden. 'u The municipal indebtedness of the country, the corporate indebt edness, the partnership indebtedness, and the individual indebted- vr ness amount to $18,000,000,000 " mose upon which the burden, ili rectly and indirectly, is fully 10 *? per cent, per annum. ?* The nation's aggregate debt to- rt day is fully $30,000,000,000 at 10 bs por cent, or an annual burden ot $.'J ,000,000,000 which the pro ducing interests must pay, if paid at all, while the increase in national wealth from all sources is in loss than $2,000,000,000. This I proves conclusively that the cen-1 ] trali/ation of wealth in this na !> > ! tion is annually $1,000,000,000, Iv l.i .1 . ; i ; ami mat is wiiy in liny years We j , ! have made more millionaires ! than all the world beside. I'nless,'^ I . . . I 1M' this changed l>y timely and elleet , | ive action a lovohition or a tnon ; |S< | arehv is inevitable. What is the ' in! j remedy ? j ly UUON DERFUL are the euros 1 >y < *<? Hood's Sarsapurilla. and yet they j are simple inul natural. Hood's Sarsaparilla make- PURE BLOOD. ? ?- ,.r 11.1> i?:..w ii ? I rmn tin4 <?rl <1 -11 'rn. 1?1. < ? I inter the first month of the j,, 1 tinylcy hill the receipt from |r customs were less than thev were .. f ClJ under iinv month of the Wilson . . . i In law. Stick a pin here. During the month of August. **' under the Dingley hill, remem -' her, the expenses exceeded the til receipts hy .*1 I.oil 1,4'h".. This isly, at t he rale of $ 1 T'h'.Ki 1.1'.ill a year, ^ stick a pin hero. | ^ During the month of August?[ the first month under the Ding-i*'' ley law?the ('elicit was greater 'I' than for any month in twenty i?s years, and the defh'ioney for that (]( one month was within $-1,000,000 . w of the deficieney during the en tire last twelve months of the Wilson law. Stick a pin here. The national debt was increased S< during the first month of the f)j Dingley law to the extent of $1-1, j 888,470, and that is more than it was increased during any one month of the Wilson bill. Stick a pin here. w i During tho first month of the lingley law's operation it deleted the available cash in the easury more than the Wilson iw (lid in any month of its operion. Stick a pin here. Without the residue of the jiul sales the administration to iy would be without a dollar and >0,000,000 short. And that lortage would have been in eased by the first month's oper tillable report ?.?!* Mr. Henry G. ester, secretary of the New rleans Cotton Kxchange, is that r the tirst time the consumption cotton by Southern mills has ached and passed the 1,000,000 tie mark. The development of e cotton mill industry has been onderfully rapid during the last ,*e years. Comparative figures r a decade will demonstrate this the most striking manner, as Hows: *ar ending Southern Northern Aug. 31. mills. mills. 17 101,352 1,710,oso ss 150,000 1 ,*02,003 s0 . . 710,7*1 1,7X>',U70 ,?o nio.sot i 700,2ns ,?1 (101,001 2,027,302 *2 0s?i,0s0 2,100,700 J3 713,010 1,001.173 4 71*,515 1,001,173 !(.r> 802,S3* 2,OS3,N30 IHJ 001,701 1,000,271 7 1,012,071, 1,?01,OSO Between 1 ss7 :in?l 1SII7 the iisiuiij?tion l?y Soimtl.ern mills is stmulily progressed, l>nt with ie Break, in IS'.M. :iiid the in ease lias 1) cm from 101 ,r5T?i* lies to 1 ,<>! J.'*7 1, or (iGl.'Jlhj ilc^.c.jiial to more tiian 1 .*?' ? per it. 1m t lie Nort liern mills t lie crease lias been Iroin 1.710.0SO lies to 1. ** ) I s0,or t' IJ JO' t bales, pial to r. jier cent., while there ive been wiile variations from i;?0.7?;c bales in Is'.ej to IJJOO,-j ' 1 in I Although Northern ilN eonsutnetl more cotton last i \ar than in the preceding year, ere was a decrease ot .'?S0,O()O iles compared with 1S92. id god 1?v the-io officials fiiruros ! o cotton manufacturing inter-1 ts of the North have actually' (dined during the last five years, Idle during the same time the nith has nearly doubled its cotn mill business. In 1887 the >ntli consumed but 19 per cent. the total used in this country; 1 S97 the South consumed d0.(? *r cent. These figures refer only * American cotton. Hut there as a falling off even in the small ions of the Dinglev tarilf law. irk a piti here. The Dingley law. which was >in(ed lo as the law which was i provide revenue ill abundance 'odueed less revenue under its st mouth o| operation than the ilson iaw did in any one month, irk a pin here. Provide yourselves with more ns and study the figures ot the reasury Department for the onth of Augu-t. Kvcry time >11 find a set of figures that oves the claims of the tariff xers fraudulent stick a pin icre. lint before doing this pro de yourself with a large supply pins. You will need them. SOITIIKKN COTTON MILLS. lie Consumption of (he Ureal Staple Now Exceeds One Million Hale*. inuJaitur<T'> Kt-cord. A fact lull of congratulation r the past and onoonrairemont r tin* future, emphasized in the mem 01 me ,\orin. l lie lime is very far distant, indeed, when the North will not manufacture cotton, but it has lost its pro eminence in that respect, and it may expect to see the South gradually approach and surpass it in the number of bales used every year without, however, ceasing to be a mighty factor in the world's industrial economy. A Cure for ItiliousColic. Hksoi hck, Screven Co., (ia.? 1 have been siibiee.t to jittnekc <?t bilious colic for se>veral years. ("hamberlaih's Colic, Cholera and I)iarho?a Remedy is the only sure relief. It acts like a charm. One dose of it yives relief when all other remedies fail.?< 1 1). S?i \uc. For sale bv J. F. Mackey (V Co. and 15. 1 lough iV Co., Laneaser, S. C. \VANTF.I> AOHNTfS. "THE CONFEDERATE SOLDIER IN THE CIVIL WAR." jii.m pubImikmI, contains 500 page* lilxlu Inches, nnd ovi-r I. HO liuvo M.itt 1? Scenes. I*? rtr.?.* -. M i < it- The kreut.-Ht wild Iftrx-i.il War Hook ever pubtis<-<t, untl Of unlv orm that .?11?? to On: CotiffiliTiiif soltU' T iin>l ibi' t'lnwi' !? fought Inr Complete in one volume A/eiit* w.ttit< d ivery w here to to ll this t.ouk on our new met catty plan Many of tbo l&dy nnd gonlletnon aKcnts who art: ut work arc iiutkliiir from IOO To $200 l**r month. Veler.ilis, sons ..Ml iMii.'liifr-> >f V< Icraie, nnd otlnTs interested arc requested lo send for ;v lu .iutlfi.1 illustrated descriptive circular ifreei ami i r111to ukoiiIh Address, Cl >1 1:1 Kli-JttCliNAI. .? !! I'UI.STI.NU < ), I.ouUvlKf, K y. 11-17 Itch on Human, Mango on llorses, Dogs and all stock, cured in 30 minutes by I Woolford's Sanitary IiOtion. This nn,.n. ; 1.. C.. f L.' W--1. uu I UI num. 1JWII1 IIJ ?J , f . iMHCKfly <fc Co., DruggiRt, Lancaster, S. C. I OA.STOHIA. j& To Cnro Conn* I pat Ion Forever. TaVo CaeraretB ('andv Cathartic. 10c or Wsc. It C. C. C. fall lo cure, druKK'aks r?'fuud inunuy. amount ol foreign cotton used exclusively in Northern mills. During the year lour mills were burned in the South, and eight were eliminated or merged in others, reducing the total to 403. To this must be added 19 new or uncompleted mills, making the total 4X2. There was, moreover, an increase in spindles, old, idle, and not complete, of 158,753, and a gain ol'spindles at work ol 400,207,the total number in operation i being 3,419,003. Mr Hester gives the following | statistics ol the cotton mills being ! operated in the various Southern i States. Stairs No .Mill* Spina;, s Aliii.iitiri 4 "ni.s.S'i Arkansas I ."MI" HI Ueorgla Ti 16.5H4 . Kontuoky li smuj liOlllHiaua Z I..VII MlHUlHllppt I) I.W0 6U.8SI Missouri .. It :.. >(? I,'.."...I North Carolina toi 8I.4V6 004.117 South t virulin.k to i.p.it.i Tounesai ? 25 8,628 1910,021 Tnxas .1 VJ2 .t'ijut Virginia n 4."itI i:?.? i>:i I Totals 414 t?l,i;?7 The meaning ol the conditions thus shown is plain, and are well well described by Mr. liesler.wlto says : " Tliev are the inevitable results of the sharp competition between the two sections and the certain and steady removal of the cotton I manufacturing industry nearer to the source of production of raw material. It is an economic struggle,with the odd- in favor of the South and the superiority of capital in the North. The linal outcome,as foreshadowed by what has already taken nlace.is certain. | Tin* natural protection of location must, in the end, triutnpli over the constant drain necessary to maintain competition under less favorable conditions. This, in j fact, is a truism, and the statement is made in no sectional spirit, but as ;> self evident proposition." The disposition of Northern capital to embark in cotton milling in the South is becoming more and more pronounced. Every new mill is an advance, as it usually is equipped with the latest improved machinery. The mills are getting closer and closer to the cotton lields to the i enrichment of the South, but not necessarily to the impoverish ! TiiKOitKAnKi) oo^srnpTiom caw in; cviiki). < T. A. Slt'caiiii. .tl. f.. Ili?' (Jri'Ml { I'Im'Iii ikI SrlcntiHl, Will NcimI. free, 'I'll re** II ill ili-s ?t|* 11 in !>Vw I y IHsciivrrral OCeilieIii NnI Or**. Editor Entkkprisk:?I have dis' covered u reliable cure for Consninp(ion and all Bronchia), Throat and m Lung Diseases, (iencrai Decline, Loss ~ of Flesh and all Conditions of \Vasti ing Away. By its timely use thoui sands ol apparently hopeless rases | have been cured. So prnot-positive am 1 of its power to cure, that to make its merits known, I will send, fred, to any atllicted reader of your paper, three bottles of my Newly Discovered Remedies upon receipt of Express and Post- A oilier addrc-s. T. \.Sl.O( I'M, M. t:., " t'S Fine St. New York. Wish writln tin- O'V.er, j>l> mention . tliis p iper. MY NEW ^ CATALOGUES | NOW lllvlDV, ami i have the prettiest and Itr-t Organs Made in Amorica at prii-ON v.*ithi11 tli*> reach of hiiv jni" who takes (jnality in i> i- n ?i d era t ion. i li<* Best l- t h<- < i! 10A 1'KST, iinl while I iuive the 1JKS1 1 have put price- mi a very reasonable ba-is ami so sure as you see my organs and hear my prices so sure will you buy one if your purpose is to buy. REMEMBER, every orpin is (11'ARAN- r TKK1> for :?years. All freights paid with Stool ami Instrction hook KIvKK. R. J, HERMDON, Yorkville, S. C. Here I Am At * * # ' IMACKSY'S CORNER, Where Are You? <iood llour .selling nt $2.00 Good entree, 10 pounds 1.00 ( niniilated sugar, IK pounds. . 1.00 ?-i |ioumis tinniest orown sugar 1.U0 GLASSWARE AT A SACRIFICE. Fine tumblers that has been selling for tO cents a set, will sell them to you for 20 cents. Teas, Canned (joods and Fruits at the Very Lowest Price. Kespeet fully, MM WALKER. P. S. Highest Price paid fur thickens and Pggs. Notice! > Tn tlio tr?\ payers of l.ttecaster County: i'he I > .oks w .1 In* ii|i? n it: Ihr I.nicu i.f tho c nut y Tn'iisuri r fur l.nni -aster coun ly for thn . .I o I-tlon ..1 taxes for i>? .0 yi ar In/f, from the I.Mli duy of Oi'tol.i-r to Wio 31st tiny of Decenttier. IMV7. Tin- follow ;ii:? Is the levy for the county: . Statu o mills t County. It " " Interest on C. & (' K. Is. a ' t C A C. It. U (.Ills Creek.. 11 s I - I'leasant lllll.if , Constitutional! school is* 3 " ' l/iuraKii'ii lirniled ...4 " | Kershaw .4 " i lakliunt I " i Till' l?'\ by Tow nshlps urn. !n.l hi I.ut : I* mill* Wiixlitiw Ill t i Sine ?hreak |( '? i 'inhi Cri-i'k (tirades I School* 1W " . .. i.l.in. j X Roil'!*) . . I* " i .1.1.1 i rifi: 'Ju'i " ill < 'n- k ' 111 l b's in .! i " 11 > i n i u .liini a lit... . i 11 iforil in , rim i ri .. No 'j... ;>> " i l'luanam Hill in " fh ..-ai.i lilll No 9 tt ' I'li .hunt Mill (.Inifi X ICouiIhi '.'I " I'lcisil't 111)1 (Ouklllll <l) "j:i ' I'l-.ltir f'rfrk 11 " c<t!.ir Crook tJ' ni'H X l(oiiU) IH Respect full v ml'in H ii'il. J. E. BLACK MON, (' Th ai.. I..itn'.iilti (niiuiy. I Sm. PARKER'S SM HAIR BALSAM "^^ fTltgj ?- gi.it hrguhfirg thg h?lr. I'r.ni.c tri * lnmnant growth. ^ Niivrr y*ll? to ttrntore Orgy itmr to in Youthful Color, grglp tl tri.fi A hgir U...1V. gv.gntl $1 iti?i llrugglMg ^ I" MATCHING MATERIAL Is a tiresome undertaking which often re hup-> In failure, and something "nearly a i mulch" Is never satisfactory. There's f one thing that you cannot match: that's ~ Electro-Silicon The Famous Silver Polish. < ...m,. hiitis 11 mi outer met) iv nearly a million houHfkcM-rors uac It. A trial quantity w Inch in nent FREE TO ALL 4 will tell you why. l'tau the secret of beautiful % nllverware In your* Hlmply nend your nddreae on a ioit.il card to Nlllcon, av Cliff Nlrcet, Hew York.