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f WHAT GAGETUII). T 11 PROPHESIED IN 1891 THE PREDICA- 1 MENT OF OUR TREASURY DE- !] PARTMENT IN 1893. * t His Often Quoted Adilreu of 18!?4 ? Im- ?] port ant as Outlining the Present Viejsrs ? of the Secretary of the Treasury?Im- ( portance of Credits?Keat Money Versus t Promises to Pay?Makeshift Legislation? ? Sommary of Defects of Our Currency System. f The new secretary of the treasury, r Lyman J. Gage, is not a novice either t in the theory or practice of financial * affairs. Long before most bankers and ? business men were greatly concerned J about our national finances ho saw dan- t ger ahead and prophesied what would? c and what did?happen, unless certain s changes were made in our unscientific ^ and unsound financial system. ? On Feb. 19, 1S91, Mr. Gage read a 1 paper before the Sunset club in Chicago. 1 After explaining how silver and gold i money had been evolved *' by the free play C of human choice, ending in consensus of action, and never ay conventional agree- c ments made in advance, "he discussed our own monetary conditions. Ho point- ? ed out how the United States, by accepting both metals and by allowing its r creditors to choose either, kept together t the two metals, whose values were di- \ verging rapidly. To the question, Can- t not the government continue this policy \ \ indefinitely and tlius"forever preserve a c higher value to the silver coin than its r equivalent in silver bullion?" he replied fc that it could not. "The proportion of 1 silver payments to the government, "ho b said, ' 'will steadily increaso until the t treasury department will be obliged to either pay in silver or buy gold in ex" ??- ?: j CiiangO IOr It. \Y l Ul HUO uuiuaj^c ui an- u ver," he added, "this result will be the \ sooner reached." Nothing could bo s clearer or sounder than this. It is pre- a cisely what happened. s In the autumn of 1894 he took part in t an elaborate discussion of the inonfey 1 question at the Commercial club of Chi- d cago. His address at this meeting is v often referred to and is now of much interest, since it contains what he says t are still substantially his ideas in regard \ to currency reform. We quote below the ? greater part of this address: -v "In speaking upon the subject of our o money system one must be aware that in v whatever he may say he will excite tho r J hostile criticism and draw forth bitter q invective from some one or more of the t various factions who are seeking to es- i tablish on new and experimental foun- 1 dations our much disturbed financial t . structure. f "Through our heterogeneous system e the public mind has seemingly lost the d power to discriminate between real e things and the shadows or signs of s things. It is necessary that disguises be pulled aside and that real facts appear. "There is, in truth, only one real n money?viz, metallic coin. It may be e composed of gold or silver. It might be o of something else, but it is not. Green- y backs, treasury notes and national bank ? notes are but promises to pay. In tho e nature of things they can be nothing s more. They pass as money, perform the 6 functions of money, often moro convcn- 0 iently than money itself. Bccauseof this u confusion comes, and we are led astray, g Seeing that the greenback is uttered by e the government; that it has, by the legal tender quality imparted to it, the power r to pay debts, and that it'circulates with n all the power of money, discrimination r ceases?we call it money?and the idea e that government can create money by t its sanction or fiat becomes rooted in r the mind. The distinctions jnst pointed ? out are, however, fundamental distinc- a tions. They should be taught in the c schools. They are simple, easy to be un- t derstood even by a child. e "We admit that on many occasions a paper money, whether greenbacks, treas- ? ury notes or national bank notes, is a more to be desired than gold. Yet more g to be desired than either, as proved by the daily conduct of men, is a credit c balance in a solvent bank. For, to secure I this better form of good, people volun- t tarily give to the banker these promises j to pay?yea, even gold itself?for a e credit to an equal sum upon his books, s With an entry upon their passbook as c evidence of the transaction they claim i to have "money in the bank." In popu- t lar language, the claim is well enough, c but, correctly speaking, it is positively t fTVioTT Koto rv.irtpH with thpir 1 money, if money they had. It belongs to the banker; it is no longer theirs. i "The consideration they have received is an agreement from the banker to meet their requisitions upon him from time to time. If the banker is faithful to his obligations they have made no J bad bargain, for all these things?greenbacks, treasury notes, national bank notes and, to use the popular language, money in bank?are in their nature and essence one?viz, they are forms of credit Their value, each and all alike, lies in the ability of the owner to con- j vert them at last into the only real form of money now existent?metallic coin. And to push the question a little far- , ther, the only value of the metallic coin r>/if fho ooirt ua a fniri hnt in MVO) 4iVW AM ??V VV? MW M the power of the metal the coin contains I to exchange for other things. j "It should here be noted that while i our silver dollar is real money its power 1 to exchange for other things is more than doubled by another and artificial value imparted to it through the law, which gives it power equal to the dollar J < in gold to pay customs dues. Having , an equal value in this direction, the quantity being limited, it has equal , Talue in all directions, but the difference \ between the metallic value of the silver ( dollar and this arbitrary value lies in | WKof T hiivA sn far I UiO XCAUU VJ. UVU1U TT 1JUV A V WV OX. I said lies at the foundation of the subject, and must be first understood. "We have now current in the United < States available in the purchase and sale j of commodities and for the payment of ] labor services the following agencies: CHILLS Johnson Chill and F _^~^- ure for Chills and $-< no pay. Money re *7?-' P] J ''First, gold coin, silver coin--real noney. ''Vqv* tr#?ji?nrv iiott*8. jational bauk notes and bank chucks. Che last four to be classified together as 'orins of credit. "Their rcspcctivo legal relationships o real money, however, are not alike. Che national bank nore and the bank ;heck may both bo satisfied by the tender if greenbacks or treasury notes, while he last two are redeemed only in coin )v in payment of public dues. "In passing it may be well to note he relative use of these various agencies n the practical operations of commerce ind trade. No better place to determine his can be found than the counter of a >ank, and the following statement of he amount of each received by a bank n this city 011a recent day will iudicate heir relative importance in that dircc.ion: fold coin $0,885 lilver coin 15,820 >old certificates 4.045 iilver certificates ! !>. 1-9 jegal tender notes and greenbacks... 82,172 treasury notes 25,4!i0 national bank notes 34.IS-J ?otal cash S2CfXSIC )hecks, drafts, bills of exchange $j,i!!l8,045 "Percentage of cash to total credits, i per cent. "The lesson to be drawn from these igures is this: ' 'Much the larger part of all our comoercial exchanges are carried on by tank checks or other instruments of priate credit. These instruments all relate o a certain form of money, in place of vhich they for the moment stand. If mcertainty intervene as to what this elated thing?this money?is, or is to ie, distrust and confusion enter in. ?he mighty agency of personal credit is haken. Commercial exchanges fall off, rade languishes and industry declines. ******* "The greenback was issued to pay lebts, not to acquire value, or, if value ras received, such value was either conumed or converted into value not availhie in the market! The greenback paid oldiers and government employees; it lought powder aud munitions of war. ?he existence of a greenback is the eviience of a debt not paid. It is a lien ipon the future. "A national bank note, on the conrary, is the evidence of some existing ralue which lies somewhere as collateral or its redemption. To transfer such alues is the only ordinary and proper ccasion which calls for their issue. Tho olume in which they will appear narks the rise in prices or an increasing uantity of existing things. Like the lank check, they will be in active servce when trade and commerce arc active. ?hus they enjoy the principle of elasicity, wholly lacking in any possible orm of direct government issue. The aethod of their retirement is wholly ifferent aud subjects the trade and comaerce of the country to less dangerous train. "Thero is no reason why the govern-1 aent should act as warehouseman for ither gold or silver. Such a function is utside its proper limit of action. But re are faced by the condition, and it is he bete noire of the treasury. The normous amount of $500,000,000 of ilver, represented by $338,000,000 in ilver certificates, added to the $ 150, 00,000 purchased by the government mder tho Sherman act, constitutes a tanding menace to every business interst. "Our whole monetary system is tho esultant of makeshift legislation and .nscientific compromises. It is time that eform begaji. I do not assume to offer aore final remedies. In my own opinion he greenbacks should be permanently etircd. The silver purchased under the iherman act should be gradually sold ,nd the treasury notes redeemed and anceled. Some well guarded system of j tank note circulation, broader and more lastic than the present national bank ,ct provides, should be inaugurated. >uch bank notes should bo redeemable i it a contral place and be redeemable in j ;old only. I "To sum up, the defects of our presnt currency system are: 1. A confusing leterogeneity which needs simplificaion. 2. The greenback controverts the irinciple of paper money?viz, that eviry note injected into the commercial ystem should represent an existing :ommercial value. 3. The treasury noto s a standing evidence of a foolish operaion, the creation of a debt for the pur:hase on a falling market of a commodity 'or which the purchaser has no use?it ies open to the just charge of being both diotic and immoral. 4. The national jank note nearly conforms to the true jrinciple of paper money, but the unreasonable requirements for security paralyze its efficiency and operato to lestroy ito elasticity. 5. The silver cerlificate encourages the use of silver to a arger extent than consists with the safe preservation of that metal on a parity with gold. "Would a national commission help ;o -promote reform? There is reason to iope that it would be of great service in ;hat direction. Such a commission, if rightly selected, would throw a flood of ight upon these involved questions, rhe information it might gather would 3e of immense value to all our people md would gaide us to wise legislation. . "Emotion and sentiment are not safe guides in matters of science. A clear ipprehension of true principles will lead ;o correct action." Torn Watson Accepts the Verdict. T?% /> \Totir J.H a icttt'i pnui\;u IU iiig *. uia World of March 9 Thomas E. Watson, ix-candidate for vice president, says: If there was any clear meaning in the verdict of last November, it was that ;here should be no free and unlimited :oinage of 6ilver at the old ratio of 16 X) 1. Condensed Japanese History. The Japanese government has adopted ;he gold standard. Tne Japs are the iiost progressive people of the east. All progressive nations are on the gold basis. ?Pomeroy (O.) Leader. AIIRPA I UUKEU! ever Cure is a sure Fever. No cure, jfunded at once. B. SPEED. wtefcwtww IIIWXM I ' CHANGING TO THE. Japan's Experience With Silver. The attempt of Japan to maintain a mint ratio that was different from the f market ratio was a failure and resulted c in denuding the circulation of gold. Bi- r metallism had failed in Japan as else- r where. e The decline in the value of money had f in Japan the effect it always has had of t robbing the laborer and enriching the capitalist. The miserable pittance paid z to tho wretched operatives must at no a distant period lead to a social revolution t unless the rate of wages be considerably f improved. t In 1S72 a family consisting of five t members of the lower middle class could i subsist on 70 yen a year. In 181)3 the cost r of living had risen to 180 yen a year, r During a period of 22 years the silver j yen declined very nearly one-half in its 1 gold value, about two-fifths in its power \ to buy merchandise and about one-fourth t in its power to buy labor. i The gold value of the exports from e the United States and England to Japan was over $18,000,000 in 1892 and nearly t 1,000,000 in 1896, while tho imports e of the two from Japan were over $29,000,000 in the first year and less than 1 $ai,000,UUU m tiic last year.?urea r Perry Powers in Sound Currency For r March 1. t r Cheap Confederate Money. c A southern firm advertises 15 varieties g of Confederate bills i'or 25 cents, also a'c "raro collection of 50 different bills and t ehinplasters for only $2." Apparently e the firm has millions of dollars worth t of this money for sale cheap. t What a pity that our old fogy consti- j tution is in the way! But for it the r cheap money advocates in any state a where they have a majority could buy t" up this wholo Confederate outfit and g start in business at once. Tho amount j of prosperity and happiness that could ' be extracted from this old paper mine t would depend upon tho size (population) t of the state fortunate enough to secure I tho monetary outfit. i For instance, it would probably give i Nevada more than $1,000 prr capita and r would at once transform* her from one of the poorest to one of the wealthiest of states. Instead of sagebrush and prizefights she would teem with gran- 1 aries and warehouses. Down with a 4 constitution which prevents state homo *v?A?Afotnr? offuirc ?m/l t.ViA innni- ? 1 UIC lia iliUUUCUlJ (UiiUlO UUV4 VMU fold blessings of cheap money! Better Banking Facilities Needed. c Discussing the poor credit and bank- * ing facilities of the west and south be- 1 fore the last meeting of the American ? Economic association, Mr. Thomas G. J Shearman said: I* In the 11 southern states it is impos- r sible that one-tenth of the farmers could r have any bank accounts or could ever ' draw checks in payment for their retail 8 transactions. In the recent campaign c the successful candidate received the ? votes of 23 states, the defeated candi-.1 /-if 0'> Till* 9'? Bf*irps linlri ? uatu llilU I UIW v/ 4. taw. O.MV ?rw ? ? 92 per cent of all bunk deposits and depositors. Deducting from the other 22," states the silver states and a few largo 1 cities, tho remaining vast agricultural ^ section of tho country, having 40 per,* cent of the population and 75 per cent[c of the area, has less tliaii 4 per cent of I the bank deposits and depositors. This c suggests what was the real grievance of ; this mass of voters, although they did;8 not themselves understand it. Tflicir * banking facilities are proportionately! only one-sixteenth of the rest of the * country. 8 ir Wyoming's Common Sense Action. c By defeating an unqualified free sil- ' ver resolution and substituting a resolu- t tion in favor of free coinage of gold and > silver by international agreement, the 1 Republican legislature of Wyoming e taugnt a lesson 01 common seusu aim;*; practical politics to all the states of the i northwest. The free coinage of silver on any other basis than that of actual value is a delusion which was effectually , disposed of last November.?New York World. The House Builclcd on tlic Sands. 1 ^ ? . Sunday Excursion Hales, Via Charleston ?fc Western Carolina Railway) Co. Tickets are sold for ail passenger trains!J" scheduled to pass stations after r_\0<i noon on;1 Saturdays and until 0.00 p. m. on Sundays,| limited lor return passage until 12.00 noon 011L the Monday following date of sale, For rates) orany other further Information call on any agent of the Company, or Wm. J. Craig, General Passenger Agent. ? Augugta, Ga. Mrs. Marie l'frang is now ready to start herj'1 l classes for French, German, Piano, Organ and lUuitarre at S1-' per month during vacation, q | Please to apply at her residence on Main I street, opposite Younger's butcher nhop. r( MODERN SAFETY. I. Government Must Control Mines. The Bankers' Magazine for March inds the origin of our present troubles ibout silver in the demand that the atio of its value to gold shall be deternined by the government. It is, howver, no proper part of the duty of the jovernincnt to try to fix the ratio of rallies of thn two metals. "Being,." says Tlio Bankers' Maga;ine, "commodities as well as money, md being commodities before and after hey arj money, and being money sim>ly and only because they are commodiies, and being commodities because hey have recognized and intrinsic value ndependent of any action of governnent, and even in the absence of governncnt, and being therefore severally subect to all the laws of commodities, tho aw of variable supply and demand and ralue among others, and these variaions not being uniform for both metals, t is impossible that government can :ver 'fix' the ratio of their value. "If, however, it should be insisted hat it is the function and duty of govrnment to (try to) fix the ratio of their ralues, it would seem to follow as a ogical consequence that, since their -l-xi .1 -I- ? 1 UliUiVe VU1UU Uf{JUIi;ia iiucuiuicij uu una elativo supply of tho two metals it is he primary and plain duty of governnent to fix (regulate) their supply by ontrolling and operating the gold and ilver mines, the sources of their proluction. It should do both things or leither, and it is preferable that it ihould do neither. It is folly to expect it o do tho former without doing the later." This is tho truth of the matter in a mtshell. Unless tho government first icquires all the mines in the world and lecides how much silver and how much ;old are to be produced yearly, it is im>ossible to maintain a ratio after it is 'fixed." France "fixed" it 156 times, iut it would not stay fixed, and Franco' las at length abandoned the effort. The United States has also tried the experineut several times without saccess. It s time tho theorists were letting tho natter alone. Why Interest Is High In Texas. The Galveston Daily News reminds ts Texas readers of the difference in inerest rates in the northeastern states ind in some of the western and southern tates and gives them a few elementary essons on the reasons for this difference. 'Interest is never so low," it says, "in ommunities given over to suspicious ires, questionable assignments, frauducnt failures or to legislation with a doided turn against tho creditor and in avor of the debtor." Much of tho mar:et rate of interest is insurance against isk, and of course diminishes as the isk decreases. '' \Yhere men are required >y law to pay their debts and are not heltered and encouragad in tricky lourses by unreason^le exemption laws tnd by a public prejudice against credtors as a class the risk is naturally less erious.'' Mnl.-iiicp if-a nnnli nation to Texas. *vw ~xrxrm????? ? ? Clie News says: "We have a right to o leave a fraudulent debtor a residence vorth $50,000, all the bank stock or >onds he can carry and an extraordinary :ollection of the tools of his trade or irofession and to defy his creditors to rook a finger at him. We can do this if ve prefer, but it is going to cost us omething." It asks why the "goodly najority of the people of Texas," who 'are not disposed to live high today and | lide behind the exemption law, the asignment law or some other law tomorow," should be forced by the discredit >f bad laws and a few dishonest men 'to pay two prices for every dollar they lorrow." It believes the rate of interest vould come down one-half and the oanable funds would double if the honst men of the state would demand the nactment of laws under which a credtor could collect what is due him. Currency Evil# Must He Corrected. Twenty-five trade associations ir.et at Fount's hotel, in Boston, on March 8 uid decided to petition congress to pass i bill authorizing the president to apjoint a banking and currency conimisiion. They demand the gold standard ind the gradual retirement of tho legal aiders and favor the issue of currency jy tho national banks to the par value if tlieir bonds and a reduction of the ax on circulation. They aiso recomnend. additional banking currency,based )n assets, under national supervision, iafe, elastic and redeemable in gold, and ho establishment of banks with a capial o::' $25,000 or more in small towns Hid ^illagci. The one important thing s that they demand action. The future jf the currency question is very dark, jut there is one consideration that isen oura^ing, and that is the appearance tmong the classes directly suffering roin the free silver agitation of an or aniaed effort at currency reform. That s something new. ?Exchange. Yard wide Sea Island "> cents at lluddons. Vou should nee those hrauUful silk and . ool dress patterns. No two aliK^. Cheaper han ever known. I]addons. French organdies, In all the newest lints I uuuuuu r*. For the newest, prettiest and cheapest mil nery so to Mrs. Taggart. Mrs. Tajjeart receives new millinery every reek. Wlien in search of bargains don't fall to call t Hadtlons. They carry the most complete ue of Ladies goods in the market. Greatest value of the seasou that 11-4 white ulit SI UOat lladdons. Look at those 50 in blk? seellllan cloth idueed lnprlce at liaddous. 1 ' Or^tfit Jto'r Farther^ We have lately given some account of the operation of agricultural Lanka in Europe, which have (lone very much for the farming class by making it possible for it to sccure loans on such security as farmerH can offer. The farmer is especially in need of credit, for the interval must always be considerable between the preparation of the soil and the harvesting of the crop. He must spend money a long time before lie can get any back. As to most of his products, he may bo said to be carrying on a business where the stock is turned over but once a year. Furthermore, as a crop matures all over the country at the samo season, and generally within a period of a few weeks, it is particularly important to the fanner that he should not be compelled to realize 011 his harvests immediately. He would break the market if he wero obliged to sell all his crops as soon as gathered, and yet he must 6ell a good deal, for he har, been under expense for months without any income. While the farmer more than almost any other producer needs credit, he cannot generally offer commercial security, and real estate is not a good security for ordinary banks of discount to take, and it is unlawful for our national banks to accept it. The result is that the farmer is usually compelled to sell his produce at an unpropitious time or to get credit of merchants and private bankers for which usurious rates are obtained. In this country there has been practically no effort to supply this need for agricultural credits, although the brokers and private bankers and factors who have made a practice of lending to farmers have made a great deal of money out of it, for the absence of competition enables them to get a high rate for money, and the farmer pretty generally pays his debts. It is singular that in our own country no effort has been made to afford agriculture in general the capital it needs for the improving of land and for carrying on farm operations during the long intervals between the annual marketirg of crops. The changed conditions of the times make it imperative that farming must be conducted upon more scientific principles so as to get out of the land more than it has heretofore produced, and that necessity leaves no alternative but either to afford the farmer enlarged credit facilities or to leave the present landholder's to be frozen out by insolvency, with the result of transferring this industry to a class possessing ampler means and able to cultivate larger farms upon improved methods.?Journal of Commerce and Commercial Bulletin. Gold Standard llarometer. /cvnuHnn rlnt.pq whpro nearly all important civilized nations adopted the gold standard.) Japan 1607 Russia 1805 Santo Domingo 1804 MflU Honduras 180-1 BgflK?_ Austria-Hungary 180- WW Roumania 1800 ?Kjffij?_ Egypt 1885 i?kag| ? Finland 1677 $83 Holland 1877 K&M Switzerland 1870 Bttfif Belgium 1870 HI? Greece 187(1 Hg France 1870 |j^|j? Norway 1873 ? Denmark 1873 Bwi? United States (adopts).... 1873 B5H Germany 1871 ? Portucal 1854 SSfi?United States (accepts) ... 1853 DB Australia 1851 Mm Brazil 18-19 SfljSfl Canada 1841 SSm United States (practically) 1834 -?SB? Great Britain (absolutely). 1810 Bm[?Great Britain(practically)17'.)M-!l G.Britain (experimentally) 1774 A Movement For Currency Reform. ' Tho Massachusetts Kcform club of Boston has commenced a systematic movement for practical currency reform. It lias recently passed formal resolutions demanding that congress shall adopt some safe plan "whereby our legal tender paper and silver and our silver certificates shall be slowly withdrawn, and gold, gold certificates and bank notes shall gradually take their places." They further advocate "such legislation as will encourage the establishment and successful operation of small banks with local capital and know'ledge of credits." Tlieso resolutions are being sent throughout the country, accompanied by a statement setting forth the views of the club and requesting every friend of currency reform to sign the resolutions and send them to congress. This movement is exactly in line with the action of the Indianapolis conference, which was to impress congress with the fact that there is an overwhelming public sentiment in favor of currency reform.?Chicago Times-Herald. * Gold and Silver Nugget*. First. ?There is not a free coinage country in the world today that is not on a silver (or paper) basis. Second. ?There is not a gold standard country that does not use silver as money along with gold. Third.?There is not a silver standard country that uses gold along with silver. Fourth.?There is not a silver standard country that has more than onethird as much money in circulation per capita as the United States. Fifth.?There is not a silver standard country in which the laboring man receives fair pay for nis day's labor. Sixth.?There is not a silver standard country in which interest rates are not higher than in gold countries. Seventh.?Nearly all civilized countries have turned from a silver to a gold standard during the pas*, century. None has turned from gold to silver. ninroioc retmired nromntly at C. 1*. Ham ninud t&Tjo. It. C. Wilson Jt Co. want your hauling and plowing. Just received another case of those extra heavy 11-4 white quilt for;! at 11 ad don's. Printed muslins fast colors 4 and 5 cents nt Haddou's. BlackSlclllian cloth makes a nice Ladles skirt, or a man's summer coat at Haddonc Prices reduced on broken lots of slippers at iliddons. If you want the best bed spring on earth for the money call lor one No. ijlx, sold exclusively by us. J. I). Kerr. White french organdies 00 Inches wide, 20 to 50 cents at Haddon's. Fancy braids and get trimmings at Mrw Taggurl's 9 Kestaurant. |1 I would announce to rny friends and customers that I have moved my RESTAU! KANT to Cothran's Block, on Washington I rftrepl, whore I will be glad ro serve the pubI 1c with as -good meals aa the provisions ol the market will afford. HARRIET E. ADAMS. Oct. 1.1395, Cms. E. F. GILLIAUD,' /.TAILOR, /. HAS moved, and occupies the rooms upstairs In Knox's Hall, and Is now prepared to do all kinds of repairing and cleaning of gentlemen's clothes on short notice. Samples ol suits always on band. Charges reasonable A Complete and Full STOCK OF THE CELEBRATED I Metropolitan Branfl of MM Paints( OF I .TOTT1V TTTDAS CO. < always on hand at the City Drag Store.' PRICES IN ONE GALLON CANS by the ? single can $1.25. A liberal discount to J painters using large quantities. Oct. 25,1888. tf Miff SllL' H. D, REESE, SURGEON. HTHE place 1o rarryyonr SICK WATCHES and BROKEN CLOCKS, wbere they will i be looked after and attended to at all hours of . theday with skill and experience. No turning you away or sending Patients off to have them treated elsewhere, but I will put them going at prices to suit the times. ffefldl Presents, Clocls, and JEWELRY. Prices Down. H. D. REESE, j THE PEOPLE'S JEWELER. , Hi ILL ; - HIE I: steam engines, , 1X003 TS rottost gins and t saw mills. Engines and Machinery of all Kinds for Kent, Lease, or Sale, Second-hand or New, ALSO AGENTS ^r) am Automatic Engines and Rams, We are fully prepared to do your plummlng aud gas fitting. We also run a grist mill on Saturdays, and are making a - splendid meal. Shops adjoining old depot. Addre?. B()x J. E. Gadsey, Manager j National Bank Abbevi] Capital, Surplus, OflOLc J. ALLEN SMITH, President. DENJ. S. I3ARNV Xlirec J. G. EDWARDS, Abbeville, S. C., L. W. WHITE, Abbeville, S. C., BENJ. S. BARNWELL, Abbeville, S.C J. ALLEN SMITH DOES a General Banking bnslnesH, provides Depositors. Is ready at any and all times t our county afford*. f W* S* CPTHRAN, J Proprietor. 11 AMU r We are prepared to fill J Rough Lumber, Doors, Sash 4 Brick, Lime, Cement. In i t construction of a House. puu wvn ^ Buist's Qa A' Harrison ? J We liiive bought tlie Sued anJ & Co. aud OFFER BARGAINS. WM. II. PARKER, President. JULIUS II. Du The Farmers Ear DEPOSITS ? , CJx? i? ft 4a* H JC*? JHL-ft !M Does general banking business, i Hons. A Savings Department has been < I ward*. Interest at 4 per cent, payable quarterly lncre-.se rapidly. Directors?W. H. Parker, A. McUe*. F. B. Speed, K, M, Haddou, Dr. F. E. lia Itttna! Aid, Mil and Investment Cc.j Atlanta, Ga. SB ABBEVILLE LOCAL BOARD. ^Hjg J. R. Blake. Jr.?President. Walter L. Miller?Attorney. DIRECTORS. I. W. Cannon, C. V. Hammond, Walter L. Miller, C. D. Brown. An excellent investment company. July 31, 1895,1895, tf Liragslia I Ferris. -DEALERS INUll Kinds of Groceries, ?RESH MEAT3, SAUSAGE. HOG HEAD 3HEE8E AND FISH. CANNED GOODS r?f /I acs mn ri+i An LTJL ClCiJi UVOVlH?UlVUI? Fresh Bread always on hand. Give us a call when In need of anything In )ur line. We guarantee satisfaction. Particular attention ?iven to our MARKET .j department. . Remember the place, No. 2 Washington itreet. MUTUAL illlRlI! $ 400,000. 1X7RITE TO OR CALL 011 theunderelgned ? ? or to tbe Director of your Township for any information you may desire about sur plan of Insurance. We Insure your property against destruction by . FIRE, WlUUt HE U5HIHIH5, ind do so cheaper than any Insuranoo Com pany in existence. Remember we are prepared to prove to you that ours is tbe safest and oheapest plan of insurance known. J. R. BLAKE, Jr., Agent, Abbeville, S. C. J. FULLER LYON, Pres. Abbeville, S. C. BOARD DIRECTORS. T. C.Turner - _Nlnety-81x Township* J. M. Major Greenwood " P. W. Sullivan Cokesbury " W. B. Acker Donnalds M. B. Cllnkscales.v- Due West " T. L. Haddon Long Cane " J. W. Scott- JSraltbvllle " E. W. Watson White Hall " J.W.Lyon Indian Hill " Capt. John Lyon Cedar Spring " -v W.E.Leslie Abbeville " N Dr. J. A. Anderson.Diamond Hill " H. A. Tennent Lowndesvllle " J A. 0. Grant Magnolia " J. T. Horton Calhoun " G. N. McKlnney Bordeaux " Abbeville, S. C., March 1, 1897. Terris corset waists, ladies and Misses at Iladdon's. : of Abbeville, Lie. S. C. - - - - $75,000 - - - - 15,000 X L. W. WHITE, Vice-President. VELL, Cashier. itorai x J. C. KLUGIl, Abbeville, S. C., W. JOEL SMITH, Abbeyille, S. C? ., A. B. MORSE, Abbeville, S. C. , Abbeville, S. C. the greatest security and convenience for its ,o make loans based upon such Safe collaiera A. G, FAULKNEK, * Manager. J ? >tamnn AA \ MJUB 11 all orders for Dressed and ? , Blinds, Frames, Shingles, \ ( short anything needed in the a ? ^ irden ^Seed % r $ & Game's i Stationery Du.siuess of if. W. Lawson K ? %%%% A. W. SMITH, Vice President PltE, Cashier. ik of Abbeville. SOLICITED. <zi>yr^ nnn tjp I Uj W V 6,500 Buys and sells Exchange and makes Colecjstabllshed. Amounts received of SI and upr.? January. April. July, October. Small sav W. Smith. \V. C. Mctiowau, J. It. Blake, 11, i' rrluou, U. A. Vlsauukl,