The Abbeville press and banner. (Abbeville, S.C.) 1869-1924, February 27, 1895, Image 5
LOCAL"(TMENCL
AN IMPERATIVE NEED IN RURA
COMMUNITIES.
Expcnt'm'i* iiikI t'raclii'e in ( rent Krilnti
The I". S. Second Uanii-Ciil. Youiiihii
ConvMiciiifc ArjrtiiiM iil Against Nation:
Curroww.
To the Editor of Tlic Stat* : in m
precedingrirtieJes I have endeavoredt
show that gold :s tm sc^rco to al<??i
constitute t!:^ ?r.o;!f*v of final l-edemj
tion. That, as t > money basis. it i
entirely too narrow to sustain a vo
ume of eirenlati-n sallicieiii to met
the re<[uirem".ntsoi' i'seres'sin:* pojtnl;
tion? anu ex |?:inclin^ b'.:.sinos>ac iivitie<
and tli.it its failure to cll^.-iently pel
form this function results 1 i; a con
parative contraction of thrniouev vo
ume. which disturbs property value:
dislocates prices a:id produces that in
certainty 4 apprehension and gencit
distrust, which chills enterprise an
investment, paniiyzes industry an
< spreads broadcast want and distress
That the gold standard is most hazart
ous for this coun.ry, lirst. becaus
England, controlling' about two bi
lions of American securities, thre<
fourths of them payable in gold, hokl
practically ail open lien on our-final
ces more than.fifteen times as large 11
our treasury reserve, and four time
as great as our entire volume of golc
mi 1 * elm /toil AV^tYM^O S]
-LUIS lltHl, \Yiiiv.n .->11^ vuu . ..
any time by throwing1 these seouritie
upon our market, not oul subject
our entire financial system* to ho
whims and caprices, but giving he
control of our currency, gives her als
control of our exchanges and enable
her to set the price of our foreign e>
ports; and in conjunction with tli
Northeast, she is helping herself t
our cotton and wheat at prices, whic
they have set below the cost of pr<
duction. Second, because placing u
on the same financial plane with Ei
rope, it not only exposes our syster
to the hazards of drainage and col
lapse by every panic and war in Ei
rope, but compells us to repress ou
labor and reduce our prices below th
European level, so as to be enabled t
underbid Europe for gold. Theinev
table result of which will be to dc
grade eighty-live per cent, of our pec
pie to a parity with the toil, subjectioi
and wretchedness of 'lie pauper masse
of Europe. The pretense - that any f;
nancial system which we may adon
will unsettle our exchanges or disk
cate our rerun icrsial relations wit!
TT.nivma aw. ?il t !- merest twaddle
"We do not no nor ha\ e we eve
conducted these exchanges with tli
^lightest regard to our lin uncial svsteu
or even to our coinage laws: while i
is true that the Bank of England usu
ally receives tiie Kussian imperials
the French Napoleons ami the Ameri
can Eagles without vtjelting, it onl;
does so because of r.'ieir standan
weight. We settle our ba'ar.c^s witl
Europe not by coins but with bullioi
and by weight: and to settle tins fals
cry of "full value money of th
world," I will quote the highest au
thority on finance, Sir Waltei B::ge
ot, see Lombard Street, page 44
"Within a country the action of i
government can settle the quantit;
and therefore the value of its currenvy
but outride its own country no govern
mentoandoso. Bullion is tiie casl
of international trade; paner currcn
cies are of no use there, and coins pas
only as they contain more or less bul
lion."
? \W mi?? Kin'mif ii
bullion when we '.vers on an incon
vertiblo paper basis, we settle in tin
same manner now, and willcontinu
to do so, no matter vvhat standard w
may adopt. As it is my purpose ii
this article to discuss the Alliance ?yi<
Pop.ilist idea of confining our note is
sue? entirely to the Federal Treasury
and to deal with a .theory similar n
Eomo respects, that all of our pape
circulation should be guaranteed Ir
the Federal go.vrnmeut, so as to ren
der it equally current in all section
of ill2 Union, I j-i-opose to lay down a
the outset and to sustain the proposi
tion, as a well established fact, tlui
any currency which circulates equally
at par in every section of a country
will congest at the great conimercia
centres and flow freely only in tin
great arteries of trade, lea dug the ru
lal districts and more remote section
bare of money and subjected to a usu
rious rate of interest. This kind 01 ;
currency once concentrated in tin
great channels of trade, as it will b
by an inexorable law of finance, liier
are no automatic influences to redis
tribute it. Consequently this redistri
bution is only eil'ectcd by the aj)plica
tion of some extra stimulus, which us
uallv amiears iti the fniisft of extvain
terest and .heavy brokerage. To dea
intelligently with the questions o
of this nature, we cannot be governei
by the edicts of political parties, o
the expressions of otl'-hand opinion
but only by a careful investigation o
the plienomina resulting from simila
financial conditions 111 ilie past. Th
records of the great continental na
tions furnish but a meagre field fo
this investigation, subjected not onl;
to the disturbances of internal dissen
tions, but to the greater risk of foi
eign invasion and plunder, wliicl
they have several times realized dui
ing the last century. They have onl
recently begun to develop a tendenc
towards perfection in their iinanciu
systems, and this development ha
been seriously retarded by the apprt
hensions of their people, natural],
arising from the experience of loss b,
these disturbances and invasions?rt
suits which have caused a strong tei:
dency among them to hoard, and t
display a timidity towards the depos:
system.
In England, a country whose linar
cial system has remained stable fc
centimes, free l'roni violent revolt
lions, and undergoing its mutation
gradually to correspond with change
surroundings, is presented a Held i
which the su!-.ieet of li nance may I
studied with eu.iiv.ilion in almost* e^
ery phase and from almost any stand
^oint. It is here that t lie Scio.ieec
money has been most diligently st?u
ied, and most thoroughlyamd??\stoo(
and it is here that the system of oni
a national money has been rejectee
It must be borne in mind that the ui
answerable arguuui,,'.s advance
against this system, which could n(
be rebutted by the ablest and mo:
poweriui 01 moneyed muueiic<
of England apply with moi
than double force to the Unite
States.
In corapai ing the areas of tlie tw
countries, wo find, that whilst Ore:
Britain comprioia an extent of oi'l
b8,0(JU square miles, the United St\t<
comprises an area ol over t^500,00<
nearly equal in extent to the whole c
, Europe. Now, the arguments used i
this territory, smaller than thecombir
cd area of Georgia and Alabams
against a monopoly of note issues b
L the Bank of England and its branche
?institutions occupying in Englis
finances a position very similar to ou
National banks?most ably and spec
n' ously presented in a memorial by th
country bankers to Earl Grey an
(1 Lord Altherpe, June 12, 1893, see Gi
bert * 'On Banking,'' vol. 1, pages 101
110, 111 and 112, were that "ever
v man possessed of practical informatio
who understands the subject know
? that by giving the exclusive circuk
if ! lion of notes to the Bank of Englan
j abundance will becreated inthemone
is market, and in the great commerce
1- eiuporiunis?raising the price of pul
i lie securities and stimulating the pre
i- (luce market?while unexampled scai
ci'y v. ill be the consequence in th
I *. lAm^ovmoiicimor
! - j C>?U III rv, prtlUUUiUg piuuaiiiuaui^L
\- unions the cultivators of the soil an
1 .ill who are dependent upon them * *
% If all bankers should be compelled t
i- supply their customers with tne note
;1 of tlie Dank of England, a charge of
cl per cent, for the interest of loans t
d graziers, farmers and dealers in agr
<. cultural produce would not remuneral
1- the country bankers so well as 4 or
;e per cent, does now upon the preset
I- system * * * From these premise
?- it results that the free application c
Is labor to land would be prevented, th
i- cost of cultivation enhanced, market
is and the sale of produce impeded an
s the pursuits of agriculture deeply ir
I. jured."
it With all the claims which the Ban
s of England has upon the governmenl
?s as its creditor and financial agent, an
r with all the influences arrayed on it
r side, which arise from the power an
o prestige of' great wealth, it has beei
:s unable to prevail upon the govern
ment to sacrifice the rural sections b;
e taxinff out of existence the countr;
o banks of circulation and to give it
h monopoly of note issues. The Scotc
?- maintain their system of note issue?
s restricted to adequancy, and even i:
i- England, an area less in extent tha.1
11 the State of Georgia, they have a dou
- ble currency?the notes of the Bank c
i-, .England and the notes of the countr;
r banks?the circulation of the forme
e convertible into gold to supply th
o great channels of trade and conduc
i- foreign exchanges; the circulation c
!- the latter convertable into the notes c
)- the Bunk of England to sustain loea
11 industry in the rural districts andmor
;s remote sections. If in a country les
i- in extent than the States of Geortri
t and Alabama it was considered indis
>- i pensible that Scotland should have he
h seperate system of finance and emir
J ently necessary in England, less in ea
r stent than the State of Georgia, tha
0 they should have country banks of cii
a j cubilion to supply the local demam
11 of the agricultural sections, how mucl
-1 more necessary that this country, com
1.1 posed of forty-four great States, am
i-1 comprising a territory Jiearly equal ii
y extent to the whole of Europe, that w
j should have a local currency?a cur
1 reucy which will not centralize, bu
j remain at home to support the pro
o ductive industries of the rural section
e and that could be directly loand to th
i- farmers at one interest charge.
!- To one who has investigated thi
: question and has no pride of opinioi
x or selfish interests to struggle against
v but merely looks to the provision of;
; wholesome system ot nnance, wmci
- will impartially promote the interes
1 of all classes and redound to the wel
fare of the public, the question hardly
s seems to admit of argument. But 1
- the correctness of the arguments pres
euted by the country bankers in 189c
i to the Chancellor of the Exchequer an<
- the Lord of the Treasury, which coul<
e not be satisfactorily answered by all o
e the ability at the command of such j
e powerful organization as the Bank o
i England, to the effect that a nationa
1 circulation will congest in the grea
i- commercial emporiums and How free
. ly at reasonable interest only, in tin
i great arteries of trade, "while unex
r am pled scarcity will be the consequent
f in the country, producing embarrass
- j incut ana discontent among me cum
s vators of the soil and all who are de
11 pendent uwon them," is not admitted
- they can be amply confirmed by thi
i experience in this country with th?
v* notes of the Second Bank of the Unitec
f Sutes and the direct and positive op?r
1 ations of an army of the most eminen
b statesmen who figured in^public lifi
- from 1812 to 1840. This tendency O
s its issues to congest at the great tradi
- centers of the Nort heast was discovere<
i after the establishment in 1816 of th<
e Second Bank of the United States a
e early as 1820. For we find that in De
e cembcr of that year a memorial wa
!- presented to Congress by the Presiden
i- and directors of the bank, complain
ing that as these notes were curren
!- everywhere and everywhere receivable
- in payment of government dues, the;
1 flowed continually to the great center
f of receipts and disbursements, and lef
i the South and West without a nation
r al circulation; and to remedy this evil
. they petitioned Congress to so amen<
f the charter as to make these notes re
i' celvable only for government dues a
e the branch banks, where they wer
i- made payable, except at the office ii
r Washington. The purpose of thi
y amendment is perhaps more plainly
i- stated in a recommendation of a simi
- lar nature from the Secretary of tfi
li Treasury. Mr. Wm. H. Crawford
in the same year, from which 1 quote
y "The effect of this modification woul<
y be to make the notes of the offices o
il the Bank of the United States, excep
s the office in this district, a local cui
i- rency, which will enter and continu
y in the local circulation of the State ii
y which they are issued." This amend
i- ment was refused by Congress, an<
i- Mr. Langdon Cheves, the president o
o the bank, at the tri-ennial meeting o
it the stockholders in 1822, again 4'state<
this law of circulation and explains
l- the inevitable tendency of the brand
>! bank notes to How to the Northeast
i- and the impossibility of preventing it.
is With a view of retaining the notes o
d the branch banks at the place of issue
n ilie management then directed th
>e branch banks to give drafts on th
K '-.torn cities as a meahs of rctaminj
i- their nutes, but says Prof. Albert Bo!
>1 les, in his financial histy of the Unite
1- States from 1781) to 186H page 323, "th
1, branch notes and the drafts issued i
v consequence of these intsructions, wei
I. swept Eastward by the operations c
)- trade. A vacuum in the circulatatio
ti was thus produced that could only I
)t supplied by the local notes."
>t In a speech delivered in the Unite
s States Senate in 1834, sec Benton
e "Thirty Years in the Unitad State
d Senate," vol. I., page 451, ThomasBer
ton, who was the right bower of Pres
o dent Jackson's administration, said
k ll A f llOrVMTT V\n*?lr AltinilloflAn ATTC
XL jl ji^/ iuwij vi uaua. v/iivuiauuu vtv
y an extended territory is this, that jro
js may put out as many notes as yo
), may in any one place, they will in
)f mediately fall in the track of con
n merco?into the current of trade?int
i- the course of exchange?and follow
i, that current wherever it leads. In
y these United States the current sets i
is from every part of the interior and
h especially from the South and West
r into the Northeast?into four commeri
cial cities north of the Potomac, Bait- :
e more, Philadelphia, New York and
d Boston, and all the bank notes which 1
1- will pass for money in those places fall ?
\ into the current which sets in that ]
y direction. Where there is nothing in j
n the course of trade to brin<j them back. ,
s There is no reflex in that current! It
i- is a trade-wind which blows twelve 1
d months in the year in the same direc- ;
y tion." The president of the bank, Mr. j
il Biddle, testified before a Congressional .
)- investigating committee in 1832, that J
v tlierfi was an absorbing tendencv of <
r- the branch bank paper "to flow to the
,e Northeast."
'J Mr.Calhoun,in a speech in the Unid
ted States Senate, September 19,1837,
said: 4'Theconnection of the govein0
ment with the banks whether it be a
combination of State banks or with a
' national institution will necessarily
0 centralize the system at the principal
point of collection and disbursement."
? Mr. Webster, in a speech in the
. United States Senate, March 12, 1838,
said: /'Government notes are no
sooner issued than they commence
their march towards the place where
_ they are most in demand, that is the
j place of the groatest pub] ic of the greatest
public receipt. If you want centralization,
sir, and enough of it, if
. you desire to dry up the small streams
, of commerce and fill to overflowing
1 the deep aud already swollen main
channels, you will act very wisely to
, that, end if you keep out of the receipts
of the Treasury all money but such
paper as the government may furnish
and which shall be not otherwise re?
deemable than in receipts for debts
? due the govrnment, while at the same
time you depress the character of the
local circulation." The correctness of
' my proposition so fully confirmed by
? past experience and endorsed by the
contemporaneous utterance of our abj
lest statesmen, is also thoroughly sus'
tained by the conditions in our present
y financial aifciint.imi. We now have
only a national money?a circulation
? equally current in every section of the
l Union?"where every dollar is as good
every-where as every other dollar."
I And what do we behold? A thorough
1 repetition of past experience, the am?
pies' confirmation of the authority I
nave quoted. Our circulation congest,
ed in the great trade centres, freely accessible
only in the great channels of
trade, while in the rural districts and
l~ more remote sections we have unex"7
ampled scarcity and a most usurious
rate of interest.
^ In the great trade emporiums of the
h Northeastern cities it is piled up by
h hundreds of millions, and, while alj,
most a drug on that market at the
2 tjery lowest interest, yet it is only to
e be"had on reasonable terms in the
Sreat arteries of trade; in the rural
istricts money is scarce and only to
* be obtained at an exorbitant interest.
s In this section the farmers cannot bore
row it for less than 12 and 13 per cent.
As was stated in the memorial4 of the
s English country bankers*it has to be
j borrowed from these great centres by
local operators and reloaned at a doul
ble charge of interest, one charge at
1 1 1 ? J ?J nf 4V?o
j me iraue cumre turn auuiucr am wv ^
point of local disbursement. Under ,
. the present system of finance, money
~ is distributed in the rural districts and ,
f more remote sections only after several
transfers, and: at every transfer
I an additional interest rate is charged, ^
j so that by the time it rerches the rural
j borrower it is freightened down with
f such a heavy brokerage that no avoca- 1
x tion except successful mining or gamf
bling can long survive it. 1
1 To those organizations which are
t sincerely endeavoring to. better the
- condition of the agricultural classes, ,
g and to those modest men who publicly
- claim to be statesmen, md are yet ,
5 fighting the establishment of a local
i- currency, professing to believe that c
- our only relief is to be had by exces- k
- sive.issues of government notes, made ^
, legal tender, I desire to commend for
e their consideration in addition to the .
s quotations already cited, the follow- 1
1 ing, first, from Wm, H. Crawford's ,
- report, us Secretary of the Treasury,
t made to the House of Representatives
e February 24, 1820: "If a national cur- J
f rency should be established the deb
mand for it in the Southern and West1
ern States, for the purpose of trans- ,
b- mtssions, would be incessant, whilst
s its return by the ordinary course of
i- trade, especially in the latter, would
s be slow and in some decree uncertain. ,
t * * * It is, then, believed that the
- evils which are felt in those sections
t of the Union where the distress is ?
e most general, will not be extensively ?
y relieved by the establishment of a na- 1
s tional currency." Second, frpm ?
t Thomas Benton, who, in a speech in 8
- the United States Senate, 1834, allud- t
, ing to a petition from North Carolina, e
1 praying for an additional issue of the
!- notes of the Second United States I
t Bank, to relieve a stringency existing1 fc
e in that State, said: "If ahundred mili
lions of United States bank notes were
s carried to the upper part of North
y Carolina and put into circulation it i
would be but a short time before the 1
e whole would have fallen into the cur- t
mTTrnnrvo +vvo rvorvQ* fv?of t
,, re 11 b WillbU O VY CCJ/O bUV jJCi/pw. VI vuwv :
bank to the Northeast." Mr. Benton I
1 ' 'held it to be fully established, first by c
f argument, founded in the nature of e
t bank circulation over an extended I
- territory and secdndly, by proof, de- I
e rived from the operation of the pres- s
a ent bank of the United States, that t
I- neither the present bank nor any one "s
1 that the wisdom of man can devise, f
f can ever succeed in diffusing a gen- I
f eral paper circulation over the States 1
i of this Union." a
i In my next article I shall attempt 1
h to show that our hope for a low rate *
j. of interest and prosperity in the rural c
sections mainly depends upon the es- J
'f tablishraent of a local currency?that j
!> it is our only hope to decentralize our j
8 circulation and relieve us from fin an- J
e cial thraldom. L. W. Youmans. ]
j> Fairfax, S. C., Feb. 11, 1895.
^ Henry M. Bruns, LL D.. the oldest '
e s
n living graduate, and for many years a \
e professor of the college of Charleston, I
>f died at Summerville, S. C., on Thurs- ^
" day, in his 87th year. He was very 5
e prominently identified with the edu.
cational interests of Charleston, and |
was the father of the late Dr. John
8 Dickson Bruns, of New Orleans,
is ' ]
j~ Since the year 1891 more than 11,- r
[. 000 claims, aggregoting $40,000,000, j
:r have been made for land taken from the t
u Indians. The sums paid sincc 1799 un- <
u der the act passed that year for what ]
l- are called depredation claims will s
i- amount to more than one hundred bil- i
o lion dollars. It
COMMISSIONERS APPOINTED.
To Work for the State Exhibit all Over the
a
State.
Columbia, S. C., Feb. 20.?Governor
Evans yesterday proceeded to T
Tiake the appointments of the men to
secure a State exhibit for South Carolina
at the Cotton States and Interna;ional
Exposition to be held at Atlanta,
in accordance with the plan agreed C;
jpon between himself and the Young tl
Men's Business League of Charleston, jj
Fully detailed yesterday. Governor
Evans, as already stated, is to be the p
jxofficio chairman of all committees ti
for the entire State. He has made the s
si
following appointments. It should be
itated, however, that there are several
other appointments yet to be made to ti
make the committees in several coun- v
iies complete, and to complete the jj
organization: p
Commissioners for (he State at large ci
md manager of the South Carolina "
sxhibit, E. L. Roche.
Assistant commissioners in charge ?
of the work of preparing the exhibits 11
"or their respective districts, who shall *1
be known as the central committee "
md executive board of the South Car- s
olina exhibit:
First district?J. C. Hemphill,(Jharleston.
J
Second district?W. H. Mauldin, ^
Eampton. "
Third district?John E. Bradley, ?
Abbeville. "
Fourth district?W. A. Clarke,Richland.
|
Fifth district?LeRoy Springs, Lan- J
iaster. ?
Sixth district?J. D. Montgomery, a
Marion. v ?
Seventh district?George H. Cornel- 4
>on, Orangeburg.
Three commissioners for each of the *
several counties of the State, as fol- J.
lows: * "
Abbeville?J. K. Durst, L. W. fl
White, R. R. Hemphill.
Aiken?Thomas J. Davis, B. F. Hoi- f,
ley, T. S. Williams. ' i]
Anderson?P. K. McCulloch, J.
Belton Watson. ?
Barnwell?L. W. Youmans, S. G. |
Mayfield, Robert Aldrich. fl
Beaufort?J. H. Averill, H. D. Elliott,
Thomas Martin. ?
Berkeley?E. J. Dennis, H. L. Bar- '
<er, J. B. Morrison..
Charleston?J. Adger Smyth, W. ?
3. Welch and L. A. Emerson.
Chester?R. A. Love,T. J. Cunninglam,
0. Barber. ? F
Chesterfield?O. T. Redfern, W. P.
Pollock, H. M. Finlavson. < ' c
Clarendon?D. J. Bradham, J. E. '
Cindal, C. S. Land. ' ' t
Colleton?M. R. Cooper, M. P, a
Eowell, Benjamin Stokes. '
Darlington?R. W. Boyd. _
Edgefield?B. R. Tillman, R. B. p
5Vatson, John C. Sheppard. ' Q
Fairfield?Thomas W. Woodward, t,
W\ J. Johnson, J. Q. Davis. . . '
Florence?W. F. Claytoli, F. M. p
dodgers, J.'0. Byrd.
Georgetown?Mites Hazzard, Sol.
Emanuel, W. R, Congdon. ' " u
Greenville?H. B. Btiist, John Fer- ^
fuson, J. A. Hoy t.
Hainpton-rM. B. MeSweeney, C. J.
3. Hutson, John J. Garnett. .
Horry?E. Norton, C. P. Quattle- *
mum. ' ' R
Kershaw?W. M. Shannon, J. D. ti
rrantham, J. W. Lloyd. tl
Lancaster?Ira B. Jones. b
Laurens?J. D. M. Shaw, J. 0. C. ei
Fleming, J. B. Humbert. 0
Lexington?J. W. Lybrand, G. E.
larman, C. M. Efird. %
Marion?William Evans, C. A. p
SVoods. ^ ?
Marlborough?(J. S. Jflcuan, ? c
Breeden ?
Newterry?E. H. Aull, H. C. Mose- n
ey, Thomas W. Hollo ?vay. ? C)
Oconee?S. Y. Stribling, J.R, Earle, ja,
>. P. Dendy. u
Orangeburg?Thomas M. Raysor, J. q
N. H. Dukes, L. D. Bates. c
Pickens?Julius E. Boggs, T.C.Rob- 0
nson, D F. Bradley. : - 0
Richland?John T. Sloan, L. D.
}hilds, J. Q. Marshall. "
Spartanburg?T. J. Moore, Sfanrarne
Wilson, Joseph Walker. ^
Sumter?Altamont!; Moses', J. H. 5
lycock, L. M. Knight. ,,
Union?Senator Douglass. W. A. n
Nicholson, T. C. Duncan. p
Williamsburg?R. C. Logan, Dr. A. |i
i. Williams. Sl
V 1." XKT T \Tonl T R
1 UIA Y T U. JLWUUVJ j - aivim) v. rj
Srice. . fj
Commissioners of finance, Andrew p
5imonds, E. H. Pringle and E. H. n
jparkham, of Charleston, who shall
lave charge of the finances of the
5outh Carolina exhibit, and to whom a
ill contributions or collections shall la
>e sent and upon whose joint order all c<
:xpenditures will be made. 5(
Samuel W. Wilkes has been ap- pi
jointed resident commissioner for the C
State of South Carolina at Atlanta. pi
President of Winthrop College. A
Columbia, S. C., Feb. 22.?Tuesday (v
light at a meeting of the Board of C
Trustees of the South Carolina Indus- E
rial and Winthrop Normal College, tl
^rofessor D. B. Johnson was elected tl
'resident by a unanimous vote. The c(
imposition to him, which was predict- tl
:d did not develop. It was generally le
>elieved that he would be elected. Ji
Nevertheless, such a vote was a hand- L
ome* compliment. The two things C
hat weighed most with the Board
vere his executive ability and his inluence
with Northern educators, es- ft
lecially the Trustees of the Peabody c<
?und, to which the College looks for A
tid. Professor Johnson has been h
welve Years Superintendent, of the si
?ity Schools and nine years President tl
>f the Winthrop Normal College, for 01
vhose more extended work he has \v
>een selected. Professor Johnson was b<
>orn in LaGrango, Tenn., January 10, j<
l85(J, where his father was founder w
md President of the LaGrange Female ti
Jollege. lie worked his way through tl
:ollege and graduated with the degree '(
)f A. B. at the University of Tennes- ki
iee, Knoxville, Tenn., in 1877, with V
;he first honor of his class, and wjtli ai
ilie senior captaincy of his battalion, n
Immediately after graduation he was ai
;lected assistant principal of the ir
Knoxville High School, in which ol
position he served ten years, when he tl
was elected assistaut professor of tc
mathematics in his alma mater. In u
1880 he was awarded the degree of A. u
M. by the University of lennessee. ir
The young ladies of the Winthrop
Normal College presented an address
:o the Governor and the Board asking D
:hat Professor Johnson be elected, w
He will remain in charge of the li
schools for the remainder of the ses- lj
jion and will go to Rock Hill in Sep- h
member. fc
COLUMBIA LETTER.
BATCH OF INTERESTING ITEMS
FROM THE STATE CAPITAL.
he Cold Snap anil ItH Eflfecta - What in
Doing In Politic#?Kvents of Greater or
Less Interest to the People of Sou(.h
Carolina.
Columbia, Feb. 23.?Special: The
apital city has about recovered from
he freeze?which, by the way, was
nprecedented. There lias been snow
efore?sleet before?sufFering before
-but not of the extent or the kind exerienced
last week and the early por;on
of this. The weather is wintry
till, but the sun shines," and the
Ereets are not fit for folks to walk in
without rubbers. There was a good
eal of suffering. The w?ather puting
an end to business, many people
rere thrown out of employment for
tie time?and these of the class who
ve by their daily labor. Charitable
eople and benevolent organizations
ame to the rescue, however, and
iuch has already been done for the rfr
;ef of the sufferers. Business has
ommenced again, and soon we shall,
i the enjoyment of the beautiful
(jring for which Colupnbia is proverlal,
will be so well upon us tnat we
ball have quite forgotten the freeze.
^ ABOUT POLITICS.
Considering that this is an '"off
ear," and that even the fight over the
Constitutional Convention ought not
d commence for some montns yet, we
re having a good deal of politics on
and.
The meeting of the convention calld
by "the forty" has been postponed,
lut there was, first, the conference,
etween Representative Conservatives
nd Reformers, and then the issuance
t tue address ot tne Democratic state
Executive Committee. The confernce
was held with closed doors, and
11 the participants have been doggedy
reticent about the proceedings. It
i stated (and the statement appears to
ave commanded general credence)
hat the conclusion reached was about
hus: The two factions, in each couny,
are to hav6 equal representation in
be Convention. In the counties enitled
to an uneven number of deleates,
the odd delegate is to be asign?d
to that faction which carried
lie county in 1892. Such is the newsaper
account of the action of the
cnference. Until there shall be some
uthoritative statement of the matter,,
eople may amuse themselves with
onjectures on the possible effects of
ie alleged plan of settlement, 011 the
arty and on the Republican enemy.
THE NORMAL COLLEGE.
Much interest has centered in the
hoice of President of the State Norlal
and Industrial College at Rock
[ill. It was said .that there were
iveral applicants, but the board of
mstees seemed to have made up their
iinds_ in_ advance of the meeting.
'rof. D. B. Johnson, superintendent
f the ciiv schools of Columbia,and of
le Wiritnrop Training School, was
nanimously elected to the position,
'rof. Johnson is admirably equipped
>r the position. A first-lfonor gradate
of the University of Tennessee,
e has been actively engaged in school
rork for the past eighteen years. He
rganized the system of common
jhools in this city, and his good work
; shown in their great efficiency-and
opularity. He originated the Winirop
Training School here. The
'ustees of the Woman's College, at
icir meeting, handled only routine
usiness of no public interest. The
lection of professors is to take place
n the 15th of May.
THE VOLUNTEERS ENLIST.
The Richland Volunteer Rifle Comany,
commanded by Capt. Joseph K
Jston, at their meeting last night, deided,
after a very full consideration
f the subject,- to enlist in the State
lilitia under the Act passed at the resnt
session of the Legislature. The
ction of the men is said to have been
nanimous. The Volunteef Rifle,
'dtnpany is one of the oldest military
rgani'/.ations in the country. Its recrd
is throughout a most, honorable
ue.
THE NEW. FACTORY,
Ground has been broken for the
lie hi arid Mill. A large force of
arid? hafc already been pat at work
y Col. Coleman, the contractor, and
o time will- be lost in pushing the
rill to its completion. Mr. R. S.
ringle has been placed in charge of
le company's property as general
iperintendent. He expects to rush
lings through, and within seventyve
good working days, fair weather
revaillng, he hopes to have the big
lill building closed in.
THE STATE'S WATERPOWER.
The Supreme Court has just decided
case of some interest to the State at
irge. When the Columbia canal was
ided to the city, the State reserved
)0 horse power, for the use of the
i i* TTTl Xl. _ T.ll A J . T I A
snitenuary. vv nen me Hiieciriu .mgui
ompany started business the waterDwer
was procurred under a contract
ith the penitentiary authorities,
fter wards the owners of the canal
vho purchased it from the City of
olumbia) brought suit against the
lectric Light Company, to restrain
tern from using the waterpower?
lis on the ground that such use was
>nfined, by the terms of the law, to
ie penitentiary, and could not be
ased or transferred to other parties*
udge Hudson decided for the Electric
ight Company, and the Supreme
ourt sustains his judgment.
A NEW ORDER.
There was a meeting last evening
>r the purpose of organizing a looal
nincil of the Junior Order of United
merican Mechanics?an order which
its been established in this country
nee 1853. Among other things in
ie declaration of principles of this
rder appears the following paragraph,
inch is self-explanatory. It should
e stated, too, that it costs nothing to
>in the order: k,In the strictest sense
e arc a national political organiza011,
but we oppose with unanimity
ie slightest taint of partisanship.
)ur Country1 is our motto, and we
eep this motto steadily before us.
^e are cognizant that there are great
nd powerful enemies within our
lidst, requiring the strictest surveilnce
of all who are at heart, word and
1 deed Americans. We, as members
f this order, aflirm our allegiance to
ic objects of the order as paramount
any partisan alliliation, and urge
pon the membership harmonious,
nited and intelligent action in carryig
out the principles.
INFANTICIDE.
About 9 o'clock yesterday morning
r. Lester was called to see a negro
oman, named Rebecca Green, who
ves near Waverly. He found a newr
born infant lying dead in the
ouse. The woman seemed anxious
>r a certificate to the ell'ect that the
7
A
child was born dead, and was so per- 7
sistent that Dr. Lester's suspicions
were aroused. He withheld the certificate
and notified the Coroner. In
the afternoon a jury was summoned
iand Drs. Talley and Lester made a |
post morjlem examination. Finger J
prints oh the cold's throat and other
evidences of strangulation were found.
The jury found that the mother killed
the child; and ^hp has been committed
to jail. -' '' J
OTHER MATTERS.
The wooden portion of Allen University,
a college for colored peopl?,
located in the eastern suburbs, wa? J
destroyed by fire on Thursday morn- J
ing. The new brick annex was not
injured. The origin of the fire is unknown.
The several railway companies in- 7
terested have accepted the new "joint
rates" proposed by the railroad commission.
Mille Rhea, an actress of considerable
note, will appear in the opera I
house on Monday night, in the popular
play, "The Parisians."
A number of Clemson College students
have passed through th& city in
the past few days, on their wav to
i Fort Hill.
Governor Evans and Ex-Governor
Tillman have gone to. the North?for
what purpose is not definately known, i
Dr. K. F. Maurice, a prominent cit- "
izen of Kingstree, died in this city on
Wednesday. He had been in bad
health for some time, and had come .
fr\r* fwiofmonf I
The semi-annual examinations at
the South Carolina College have recently
closed. The progress of the .
students, as shown by these examina- J
tions, is said to hare "been highly satisfactory.
'
The Supreme Court has granted a
new trial to J. Mims Sullivan, con- 4
victed of the murder of Herman Gilreath,
in Greenville, about two years I
ago. ' ' . j
THE MURDEROUS MOOSHIR. \i
An Eye Witness Tells of tlie JButch.ery of (
Thousands of ChrlstainPt i
Boston, Feb. 22.?The. Globe publishes
the folio w;ing from. Moosh, Asia
Minor, which it says is the first description
by an eye witness of Mooshir
Pasha's.' 'march, of blood." (M ooshir
Pasha is the military governor of l?rzerjan
and started, by order of the Sul- I
tan into the Sassoun district last September.
Innumerable burned villages j
and'7.263 lives was the nriee of this I
official visit.) I *
Moosh, Asia Minor, Jan. 7.?The
numbers of our dead countrymen in
the four towns visited by Mooshir
Pasha will not be far short of 7,500.
Thi& is from the bodies counted and t
ljno.wn to have perished. We cannot
tell how many others there may be.
The first town entered by Mooshir iJ
was Shinik. It contains four villages, g
Shinik, Mezera, Koojock and Dopy.
When our people here heard of the ar- d
rival of the Pasha Fr. Johannis, 240 t
of the leading townsmen went to meet e
him to have mercy upon them. "They
were surrounded by soldiers long before
they could get to Mooshir Pasha
and every one was killed. Their ?
bodies were putin the church, and j
burned. Then they proceeded to burn
the villages. , The number killed from
Shinik proper*number.623," and 317
frbm the rest of the villages. Those ..
who ASAAned are now in the villarfts
surrounding this town, but the village.
ers are themselves very poor and i
many go hungry.
. Mooshir Pasha left Shinik to go to
the next town in the Sasosun district This
town is Alyanand, has fourteen
villages. The people heard of his coming
and how that he had twenty-four
companies each-100 men besides twenty
three cannons. They knew that it was
useless to appeal to him, so they fled
to the village of Chi because of its
rocks and steepes, and there ihey could
better escape him. They stayed in
the mountains for almost twenty days,
and when all food was gone and there
was nothing left to do they fledas best 5
they could. Two thousands bodies
were left behind at Chi.
Gali-Gazan was next an because the
town has twenty-two villages around
it, Mooshir brought Kurds, Ahmidie
and Irregulars, numbering 30,000. The
town was desreted, for the people,
with all the food they could carry,
Vio/J rto/l iVio lnmmfninc Thiiv. J
UaU iXV/U bV UUV iuviUAWMiuw. a
stayed in their fastnesses for thirty I
days and at last with a frenzy born of
hunger and despair, they made a terrible
rush down the mountain sides
and attacked the tyrants instead, of
waiting to be killed. Patriot Vartan
was like a god and killed nineteen men
with his own sword before he feli dead.
Fr. Bedras was a soldjpr, too, and encouraged
his children, and when he>
was at last killed; his body was cut in
pieces and giv^n to the dogs,
Alpag was the last town that the
bloodthirsty tyrants visited, and this
place contains eight villages?Verient,
Chaden, Mpodavar, E.ukik, Kalaxaz.
Choroop, and Davlorig. The people
had for the most part made their escape,
but when Mooshir and his soldiers
went their way 1,300 bodies were
found even here. Many more were
burned, but their number cannot be
known.
All bodies were left where they were
butchered and those who would travel
this district must risk their lives
through the pestilential odors that go
up from so many dead. All who es
' ' % ? /] i f w i /? f />QtM A
CSpCU Xrum UlC Oaaauuix uiomv/u vhuav
to the villages and plains of Moosli,
and hungry, destitute and brokenhearted,
they look for hope and help
and sympathy from the civilized world
to whom the news of their terrible lot
may come.
RICE MILIA
We offer a complete Rice Mill in
one machine. The rough rice In
placed In hopper and comes out
cleaned and polished ready for table
use. Machine can be operated
with horee Bower and will clean
ioo bushels of rough rice ner day.
CORN MILLS
Of the latest designs, vertical and
horizontal, double and., single gear.
Holler Mills,
Saw Mills,
Engines;
Gins andiTresses, i
Wood working machinery
V. C. BiDHAitf.
OOLUM-BIA.S. 0.. I
? - ?w ai~ ' . j
SEYER I
DELAYED _ ' ;f!J
PAYMENT I
SOEVER ' ;*||
COMPROMISED I
OLAIM. I
VEVER %
SAD I
LAWSUIT. 1
Soch Is tbe record *)f^the| ^ ^ , :;^jH
STAUNTON LIFE INSUfeANO* M \
COMPANY,
lumbers of Beneficiaries
Promptness and SgRqdoess.
Natural Premium Iowa ace oa the dm,
Apgmred Ptana.,
The new "Coupon Policy'' ofvtflr 8*c? |
on Life is a model of slmpUatty. Inaddl- .-'"C
Ion to all the best features of modern 1M? ? \;j|j
ami ranee it provides for the payment of
he "coupon" IMMEDIATELY after
eath, without notioe or .tbe loraaO* ..
7 of proofs. The "coupon"" covertf* par -la
ent of the face of the policy, and totn ad- ition
{hereto.. '
Agents wanted. Liberal CMmMn. .)%
live men can make big money.
Address.
Jno. S. Reynolds,
General Agent,
. COLPMBIi, 8. i',
| A $700,00 PIANO I
$275,00. wm
This announcement willoertaloly,
interest everybody that intend! to. V v ^
purchase a piano in the near futum . > -$
We h^ve be^n carrying Mpaloal !* ^
stni^enti for several year* in eon- &
nectloa with ourFarnltare borta?t ' Cafj
but tor reasons satisfactory to ear- #8
selves, we have decided to (Maeoo- ... 'M
tlnue the sale of plaooe* and offer j|
our entire stock at maoafartarai'
cost We do this believing that It Is /
cheaper to dispose of then at what
they cost us rather than earry them
mah*K liMkliia km Mft m. -V
LUUUILI BLIIV1 muu?? uuyiu? ww n
small profit for Item.
rue Instruments that we tiler art v
first cl&jt; fa every respect and Art . t
most positively guaranteed to bo
fully equal to aay instrumeat on the
market witbo at regard to aaae or '
price.
We shall be please* to tend a eafe>
loRue dt olanos to anyboiy who Will
send us S cents postage for thesaao, .4
And if you are interested and ozpoot
to buy a piano la the near faiori
you will certalaly save-quite a Mm ' * :'i
or money to purchase from us before ?>
our stock Is exhausted. Remettber
that when tbe stock Is gone wo shall
buy no more and that tbis opportan- <
lty will close forever as the Instruments
are sent out. We iedro to
say that we bwve an Illustrated catalogue
of Furniture, embracing everything
usually carried In a first class
furniture store. We will bo pleased
to mall tbls catalogue npoo applioatlou.
L. F. PADGETT, I
816 BROAD STKKET, 9
Augusta^OaJl
r^COTwl 5
| Makea 4c. PRICES, even oa jj
| PIANOS & ORGANS | I
H! Bargain List and Wonderfully |g -
fjjj Easy Installment Terms. ig
? 4c. PRICES. |
^ A new Mathiuhe* Plane I30 lass than 3
ver before sold. In
40 Saved on a Sterling Piano. (j>
T?rniT Nearly Miv Sonars Pianos Is
Qj at New YortfglTe awij Pricoa. jg
r3 Fifty New Uprigttt?from B?rt Mik- 0
jfl era at Out'Prices. Jj
K Rich Mirror Top Orgma M]y #& . M
3 SAVE MONEY by baying fr^mth# h
H Greatest Southern Music Houtfo. Rj
| LUDDBH 6 BATES, |
S SfiTannah, 6a. |
gJ ctelnw?v p1?bm at fl
B tP ^ Factory rriew. S