The weekly Union times. [volume] (Union C.H., South Carolina) 1871-1894, August 18, 1893, Image 1
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VOL. XXIV.?NEW SERIES. UNION a H., SOtJTH CAROIJNA; k6dAY, AUGUST 18,1893. NUMBER 33. ^|
HERE'S THE MESSAGE ;
IT TOUCHES BUT ONE SUBJECT *
REPEAL TBI SILVER PUBCUA8B ACT I
The President Sees In the Act of July l4?
IBdOi the Source of Alt Our WmI, end c
ball* for Ite Immediate Repeal?He Sue- t
Bests Vo Sub-.tltute llut Demand* that '
E
.Jhe^IxcUIog Cause of Panic aad Distrust (
Ue Instantly Removed-Other Needed q
Legislation Can Follow-The Tariff Is as '
Important as Ever and the p?t'? !; Difl 0
nitely Committed to It, But the Question j
Can Watt. 0
Capitol, WAsntNGToS, August 8? j
Th^Jgiloiviug Is iin; President's itu Basse 1
***" To tiir C on it i! krs ok the United
btatk3:
The existence of an alarming and ex- j,
traordioary business situation, iuvolving 8
the welfare and prosperity of all cur peo- j
Iile, has constrained me to call together f
n extra session the people's represents*
Uvea in Congi-ess, to the end that through
r?s a wise and patriotic exercise of the legislative
duty with which they solely are c
charged at present, cventB may bo mit- o
igattdaud the danger threatening the
future may bo averted. Cur unfortunate t
financial plight is not the result of unto- p
waid events nor of couditions related to s
our natural resource^ nor Is it traceable v
to any of the iJitictions which frequently c
check national growth and prosperity i
With plenteous crops, With abundant*
promise of remunerative production and u
manufacture, with unusual invitation v
to safe investment and with satisfactory ?
assurance to business eiiterprises, sud- {
denly flnaiu ial distrust and fear havo K
sprung up on every side; numerous t,
moneyed institutions have suspended be- r
cause abundant assets were not itnmcdi- v
htcly available to meet the demauds of f
Irightencd depository euiviving corpor- n
1 4!-! -1 - *
nuuun l?UU 1UUI ViU'J&lH HIO COnU'Dl lO j|
keep in hand the money they arc usually j|
anxious to loi\n, and those engeged in t,
business aro surprised to And that these- n
curilies thry offer for loans, thqugh hero- a
tofore satisfactory, are no longer accepted.
Values, supposed to bo fixed, aro
fast becoming conjectural, and leas and
faliuro. have invaded every branch of 1
business. ?
TlIK CAl)?K OP THE ALAUMI.NO SITUATION. ^
I believe these things arc principally n
chargeable to congressional legislation c
touching the purchase and coinage of c
silver by the general government. This a
legislation is embodied in a statute passed
on thel-lih day of July, 181)0, which was h
the culmination of much agitation on the k
subject iuvolvod, aud which may be con- g
sidercd a tiuco after a long struggle, be- u
tweeu the advocates of frco illvor coin- o
age and those intending to bo more con- u
servatlvc.
Undoubtedly the monthly purchases _
by the government of four millions and ^
five hundred thousand ounces of silver, j
enforced uuder that statute, were re- ?.
garded by those interested in silver pro- _
auction as a cortaln guaranty of its in- b
creaso In price. The result, however,
hatt been entirely different, for immcdi
tueiy lunowiug a spasmodic anu sugni riso
the pi ice ot silver bcgau to fall after the a:
pansugo of tho act and has slnco reached
the lowest point ever known. t]
THE EFFECTS. T
This disappointing result has led to
renewed and persistent effort in the direction
of free silver coiuago. Mean- 11
while not only the evil effects of the op- V
eration of the present law constantly ac 1V
cumulate, out iue result to which its :V
execution must inevitably lead is becomIng
palpable to all who give tho least heed
to linancial subjects. This law provitea a
that in payment for the four million vd
live hundred thousand ounces of silver j'
bullion which tho Secretary of thoTreas- ^
J ury is commanded to purchase monthly, h
thero shall bo issued Treasury notes redeemable
on demand in gold or silver
coin at the discretion of the Secretary of ^
tho Treasury, and that said notes may c:
bo reissued. It is, howover, declared in 11
the act lu be "iue established policy of a
tho United Sta'es to maintain tho two ?
metals on a parity with each other upon ?'
the present legal ratio or such ratio as 11
may bo provided by iaw." This dcclar- Cl
aliou so controls tho action of the Sccrc- '
tary of tho Treasury as to prevent his Cl
exorcising the discretion nominally veBt- P
ediuhim, if, by such action, tho pari- w
I *y between gold and silyer may
bo disturbed. Maulfestly a refusal by 11
the secretary to pay these Treasury notes J(
in gold if demanded, would necessarily
result in thoir discredit and depreciation
as obligations payable only in silver, and c<
would destroy tho parity between the
11
two metals by establishing a discrimina- ti
tion in favor of o^old. ?.
KUltT/lElt HE VIEW OK RESULTANT CON- W
DITIONS CI
Up to tho 15th day of July, 1803, these jl'
notes had been issued in payment of sil- v
ver bullion purchases to the aiuouut of 0
more than one hundred and forty-seven
millions of dollars. While all but a yery f
small quantity of this bulliou remains r(
uncoined and without usefulness iu the Jj
casury, many of the no^es given in its ^
fturchase have been paid in gold. This w
s illustrated by the statement, that be- ti
twecn the 1st day of May, 1S02, and the ci
15th day of July, 1803, tiie notes of this
kind issued iu payment for silver bullion
f amounted to a little more that tifty four
millions of dollarp, and that during the 8'
same period about forty two millions of
dollars were paid by the Treasury in
gold for tho redemption of such notes.
J'he pi/'cy necessarily adopted of pay- :
ing these notes in gold has not spared
the gold reserve of one hundred millions ?
of dollais, long ago set aside by the gov- !'
eminent for redemption of other notes, '
for this fund has already beeu subject to
the payment of new obligations
amounting to about ono hundred |J
and fifiy millions of dollars on accouut u
of silver purchases, and his, as a conse- |j
quence, f<>r the first time siuco its creation,
beeu cncroachod upon. We have f)
. thus made the depletion of our gold easy
&ud have tempted other and more appre J,
ciative nations to add it to their stock. g
That the opportunity we have ottered fc
has not been neglected is shown by the ((
L large amounts of gold which havo been t
r - recently drawn from our Treasury and {
exported to incrcaso the ftuanclal
strength of foreign nations. The excess n
of exports of gold over its imports t
for the year ending June 30, 1893, (j
Araouutcd to more thau cighty-sevcu aud
a half millions of dollars. Between the
1st day of July, 1800, and the 15th day of
July, 1803, the gold coin and bullion g
aent obligations in depreciated silver. I
U this stage gold and silver most part
X'tnpany and the government must fall
n its established policy to maintain the
wo metals on ? parity - i;L each uUior.
Given over to the exclusive use of a
currency greatlv depreciated according to
he standard of the commercial world,
re could no longer claim a place among
nations of the first class, nor could our
government claim a performance of Its
ibligatioQ, so far as such an obligation
lbs been imposed upon it to provide for
he use of the peoplo the best and safest
noaey. If, as many of Its friends claim,
ilver ought to occupy a larger place In
>ur currency and tho currency of the
orld through general international co;grccmcii?,
it la obvious
lausted, it is appartn. that the operation
>f the silver purchase law now In force
eada in the direction of the entire snbstiution
of silver for the gold in the govrnment
Treasury, and that thli mast be
ollowedbythe payment of all govern
a oar Treasury decreased m v.< than one '
tundrcd and thirty two millions of dolsrs,
while during the same period the
ilver coin and bullion in the Treasury
ncreaeed moro than one hundred and
orty-scvcn millions of dollars.
DANOKllfl TllAT TlIUKATKIf.
Unless governiilent bonds are to be
onstantly issued, and s dd to replenish
ur exhausted -jold, only to be again exhat
the UultCj^gfatca will not be in a
losition to i^ni a hearing in favor of
ucb an arrangement so loDg as wo arc
filling to continue our attempt to acomplish
the result singlo handed. The
uoWledge in business circles among our .
wn pcdple that otir government cannot
rnko its flat equivalent to intrinsic
able, of keep inferior moner on a
arity with simerior money hy its own
udupendeut efforts, has resulted in such
lack of confidence at home, in tho staility
of currency values, that capital
efuscs its aid to new enterprises
chile millions are actually withdrawn
roin the channels of trade and comicrco
to become idle and unproductive
ti the hands of timid owners. Foreign
nvestors, cqurlly alert, not only decline
o purchase American eccurlties but
lake haste to sacrifice those which they
lready have.
A QUIBBLINO EXCUBB.
It docs cot meet the situation to say
tint apprehension In regard to the future
f oUr fin.-.jccs is groundless, and that
here is no reason fof lack of Confidence
a tho purposes or power of the govern
icnt ia tbo premises. The very exist- ,
nee of this hick of confidence), however
aused, is a menace which ought not for *
moment to be disregarded.
Possibly if the undertaking we have in g
and were the maintenance of a specific .
nown quantity of 6ilver at a parity with
old, our ability to do so might bo esti- t
iated and gauged, and perhaps in view r
f our Unparalleled growth and resources d
light bo favorably passed upon} but
V
rhen our every endeavor is to maintain tl
uch parity in regard to an amount of t<
ilver increasing at the rate of fifty mill- .
ms of dollars yearly, with no fixed teriluation
to such increase, it can hardly
c said that a probkhi is presented whose ^
jlution is free from doubt.
The people of tho United States are *
nt it led to a sound and stable currency
nd to money rccogutzcd as Euch on
very exchange and in every market of
ho world.
00 VITAL A MATTEIt FOR EXPERIMENTS. ^
The government has no right to injure
urn by financial expeilmonts opposed
> the policy and practice of other civil- 6
:ed States nor is it justified in
n c xaggerated and unreasonable reliance ^
u our national strength and ability to L
jopardize the soundness of tho people's
loney.
This matter rises above tho piano of "
arty politics. It vitally concerns every A
usiness and calling and enters every H
ruufilmlrl in tho lend
There is cue important aspect of the *
uljcct which especially should never I:
e overlooked. At times like the prcs- ..
nt, when the evils of unsound finance
ireaten as,the speculator may anticipate
harvest gathered from the misfortune v
f others; the capitalist may protect him- t
.if by hoardingor may even find profit
1 the iluctuation of values, but the wage R
truer?the first to be injured by a dr- fi
recialed currency, and the last to rc- g
tivo tho hem Ills of its correction?1b
radically defenseless, lie relies for c
rork upon tho venture of confidence, of It
mteutcd capital. litis falling him,
is condition is without alleviation,
>r he can neither prey on the mlsforiucs
of others nor hoard his labors. I
no of the greatest statesmen our >
juntry has known, speaking moro than ^
fly years ago, when a derail gement of
le currency had caused commercial die.
ess, said: "The very man of all othots,
ho has the deepest interest in a sound
nrrcncy and who suffers most by misItievous
legislation iu money matters, it
ic man who earns his daily bread by his
ailv toll."
These words arc as pertinent now as I
n the day they wore uttered and ought ,
) impressively remind us that a failure
1 tho diachargo of our duty at 1
lis timo must especially injure thou- ]
u.da of our countrymen who labor, and
ho, bocaueo of their numbor and condion,
arc entitled to the most watchful 1
irn r\f t>w?ir irAWOvnmni^t '
RELIEF NEEDED AT ONCR. ]
It is of the utmost importance that
ich relief ns Congress can afford in tlio
xistirtg eitualiou he afforded at once. 1
he maxim, "He gives twice who gives (
i
uickly," is directly applicable. It may
e true that the embarrassments from
r'hich the business of the country is sufL-ring
arise as much from evils approended
as from those actually existing.
Vo may hope, too, that calm counsels
nil prevail and that neither the cspitalffs
nor wage-earners wi 1 give v/ay to i
nnccessary panic and sacrifice their
loperty or their interests under tho inueuce
of exaggerated fears. Neverthe.'ss
every day's delay iu removing one
f the plain and principal causes of the
resent state of things enlarges the nilshicf
already done and increases tho reponsibility
of the government for its
xistenco. Whatever elso tho people
ave a right to expect from Congress
Ucy may certainly demand that leglslaion
condemne 1 by the ordeal of three
cars' disastrous experience shall bo removed
from the statute books as soon as
heir representatives can legitimately
leal with it
TAniKK REFORM CAN WAIT A LITTLE.
It was my purposo to summon Con;ress
in special session early in tho com
Ing September diet we ritfgfet 0otO
promptly upon the work of Uurln reform
which the true interests of the codntr^
dearly demand and which ao larre * majority
of the people, an shown by their
tuff rages, desire and ezpeat, and to the
iccomplishment of whloh every effort of
;he present administration Is pledged.
Bat while tariff reform has lost nothing
)f its Immediate and permanent Importance,
and most in the near fntnre engage
the attention of Congress, It has
teemed to me that the financial condition
)t the coOntry should at once and before
sll other subjects be considered by your
Honorable body.
UNCONDITIONAL HKl'BAL. RKCOWWENDrfft.
I icooutmena me prompt re ?
peal of the provisions of the act passed
July 14,1890, authorizing the purchase
?f silver bullion, and that other legislate
action may put beyond all doubt or
nistahe the intention and the ability
}f the government to fill its pecuniary *
>1 ligations in money universally reoog- U
r'/. h1 by all civilized countries y
3ivned ] GROVER CLEVELAND,
Executive Mansion, August 7, 1893
P
o
congress.
Monday.?The Senate and House ^
limply went through the formalities of ^
>pcuing and choosing seats.
Tuesday.?Senate?It took 15 minutes gj
o read the president's message, which
vas referred to the committee on finance.
The first bill of the session was intro- 0,
luccd by Senator Hill. Its title was:
>To lepeal certain sections of the act of
Fuly 14, 1800." It was referred without jE
cading to the committee on finance. The ^
lelt two bills were introduced by Mr. gj
itcwart, of Nevada. Their titles were:
'To restore the right of coinago," and
'to supply the dofioiency in tho curren- g?
:y." The latter bill was read in full. It ^
lirccts tho Secretary of the Treasury to ^
ssuc silver certificates, equal in amount ?
o the silver bullion in tho Treasury purihnsed
under the act of July 14, 1890, in m
xccss of the amount necessary, at its p
:oiuago value, to redeem the Treasury ^
lotes issued under that act, and to uso
he same to provide for any deficiency in ftj
he revenues of the government, ths sur>lus
of such certificates to be used in the -j
lurchase of 4 per cent, bonds at their
nnrket price, not exceeding 12 per cent,
iremiura. ^
The Senate was then addressed in a ^
peceli on the financial situation by Mr. g)
)olpb, of Oregon, who contended that
he Shorman act was not tho solo or the ^
irincipnl cause of the existing business
leprcssion, and that no permanont lm- ]
irovement could bo expected so long as
he destruction of the prosQut tralCf sysem
was apprehended or foared. At
:30 adjourned.
house. ? Alter me reacting 01 ine 0j
lesssge nothing of interest was traus
cted. j8
* it
THE NEWS IN BRIEF. d
d:
Che Latest Happening's Condensed w
and Printed Hsre.
John J. lleuson was found in a lonoly
pot twenty flvo miles from Greenville, ^
). C., with his nook brokou. lie had jt
>ecn informing on moou9hiucrs. p;
The statement telegraphed from Rich- w
nond Saturday night of tho failure of the
Lbiugdou Va. bauks was so ooostructed
s to make it appear that two banks in tl
.ynchburg had failed. There has not q
icen a bank failure in Lynchburg in 49 ej
cars. Ifl
Gov. Tillman's diipcueury constables
rcre rot ten-egged in Bumtor, 8. G., and 0
he Governor is going to arm them. Iio j{
?y?: "I am going to Lone orders lor the e:
118t one of them to shoot whon ho is
truck. I'm not going to allow the State p
onttablcs to be made dogs of by tho bar- 0
:ecpcrs and their followwtt" h
u
?Another cotton mill is soon to be j,
juilt on tho canal at Columbia, S. C. el
rhe work,it la stated, wi 11 be commenced jj
>efore tho present factory now In process y
)f construction is finished. Tho mill p
will be built after the stylo of tho ono g,
low being ercctod, and will be located u
it the foot of tho canal on tho south side
if Geivais strcot. p
?Bristol, Ilofifinau & Co., of Morgan, is
:on, N. C., intend building a cotton mill ti
icar there. It will be operated by water- ii
power, which can bo obtaiued at that o
point. ti
The barrack bridge at Clemaon Col- v
lege, B. C., gave way with fifty students y
ju it Friday. Beroral of tho boys were li
hurt, but none fatally.
Proeidont Cleveland was hnnged in
i ffigy by free silver enthusiasts at Golden,
Col., Wednesday night. Tho hang ^
ing party was headed by an ardent ~
Populist.
The re-appcaraoco of that dread pest.
the cotton worm is reported in several ^
plantations iu Arkansas. It has not
been found in sullicicrit numbers, how ^
ever, to excite alarm among planters. ^
A meeting of Danville, Va., business j
men resulted in tho appointmout of t. j,
committee to obtain signalurs ton peti
tion to Virginia's Members of Cor.u;c-8>.
? % 11
iirr>in<r their advocacy of thn cnrlv rc icnl
? p 0 J "* " *" v " t"~.
of the silver purchase net.
Nrcw Yohk.?TLc Madison Equare
Bank, at 200 Fifth aveuuo, have clored
its (loois. Its capital ia impaired *
to about $80,000. Tho rsfusn.1 of ^
the St. Nicholas Bank to continue to
net na clearing ngent precipitated the
trouble. It is said the deficiency will
be nittdc up by the diiectoia and the 01
bank will icsuuio busiuese. ^
V
THE CHILDli
A111? World's C
",- WOULD* FAIR LSTTER~"
???_
Chicago, Ang. 10, 1993.
>aj attractive and valuable exhibit!
jprcaentatlve ot tho American UxtiW
i <3 us try invite Jhc attrition of the
lsitor at the Eipbeitlon.
When it is duly considered that th(
rvsent acreage of tho cotton crop Id
10 South is 10,701,883 acres, ai
itimited, tho extensivo importance ol
10 Southern toxtilo industry a.*sctts
self. Tho improvements of to-day it
itton mill machinery ate vast and diver
fled, and tho cot'on mill man ii
[achinery Hail cannot fail to ston
p valuable information from tho study
I the latest methods of manufacture in
jived in modern inventions. M ichin
7 for various modes ofspinnmg, wcav
ig, stamping, and numeious means foi
vplnir and drainer nrn nrAmucnnntli
lown, mention of all of which will ap
Bar in future correspondence.
To commcnco with cotton in tho raw
ate,an exhibit worthy of early mention,
lat attracts tho attention of tho curious
> that of the gin. In tho Agriculturu
cparlment, with tho vast exhibit o
irm implements, is displayed th<
laohincs of tho Northington-Munger
ratt Company, of Birmingham, Ala
his firm shows?and shows well?it:
rstems of handling, cleaning, ginning
ad pressing cotton. One of its grea
tacbines is kopt in activo operation
lustratiog its improved system of elcvat.
ig' seed-cotton out of the wagon bj
iction; of cleaning cotton by suctloi
ithout passing it through the fan; o
rawing cotton from storage houtc3 b;
iction; of running the gin and the brusl
y one and tho same belt, and of ginniiq
om a series of gins into one condensci
ito a self packing revolving double boi
ress. This machine is a novsl one t<
lousauds who sec it daity, showing tin
>mploto revolution in the handling anc
inning of cotton, equaled only, th<
lanufacturers claim, by the inventioi
[ tho gin by Whitney.
In tho Agricultural Department als<
an exhibit of rare beauty and vas
nport to tho United States. Whilo no
ircctly of Southern stamp, yet it is i
Uplay of an industry that the South,
ith | patienco and assiduity, coulc
oubtless speedily develop?this is thi
isplay of the Women's Bilk Cultun
ssociation, of Philadelphia, organ)zee
i 1880. This association shows tin
rocess of manufacturing silk from co
Jons. One loom is in constant opera
.on, and the system of manufacture i
10 irn from tho shell of tho cocoon t*
10 fialshing touches of tho floes
olumbian souvenir handkerchiefs, flags
;c. Upon the whole, tho most impor
int feature advanced by the associates:
i example. It shows tho importano
f the industry of tho United States
law silk is produced principally in th
Ktroinc Orient nod in Europe. Tin
nited States, vastly agricultural, im
oris, it is estimated $120,000,000 wortl
f manufactured silk through our custon
ouses annually, and $24,000,000 o
>rcigu raw silk. The average annua
reduction of raw silk for tho nino year
tiding 1888 was 28,721,000 pounds
tilling all of these years tho Unite*
tat'B imported more than 8,250,001
ounds, and in 1889 imported 5,829,
18 pounds, beiDg considerably mori
jan one-iifth tho consumption of tin
hole of Europe and the United 3t*te
ut together. And Bhall the Agricultur
its, calling for more and varied indus
rics, neglect the culture of silk? Tin
iduitry, once understood, in a kimpl
ue. The Women's Bilk culturo Associa
ion claim to have done more for tho de
eloping of silk culturo in the last to
oars, than all tho othor associations
icluding the station at Waibingtou ,tin<
nth lors money. They have raised ant
aeled 12,000 pounds of cocoons; havi
lade some 1,000 pounds of reeled silk
avo made sjuie forty silk United Statu
ug*,and thousands of silk handkerchiefs
ringes, ribbons, trimmings, etc. Seven
sen of the flags were presented to tin
lental and South American government
tthe Pan American Congress. Th
,8?ociation presented to Mrs. Jurnc
laificld the first silk dress made fron
ilk raised in this country. The exhibi
a Agricultural hall is a raro point o
atercBt and a marvel of beauty, attract
Dg constant and admiring crowds.
$800,000 Spanish Gold Coming.
Nitw Yokk.?The steamship Yucatan
hich sailed from Havana for Now York
as $*00,000 Spanish gold cossigned t
>w York bankers.
The Nojmania's Load.
New York.?The steamship Nor
isuia, from Liverpool, brought $009,
17 iu gold.
|||?|t
IN II Ill'lLXUXll.
ilUuiuinu Kxposi ion.
MILLS CONTINUE TO CLOSE.
Tho Condition of Trade Having Full
i Effect* on the Industries
( of the Land.
) Amstk.ud.am, N. Y.?The rug factor]
of Uowgnte, McClsry A Co.,at Rocktor
^ lias closed, and nearly 200 persona arc
thrown out of work indefinitely.
( PoUQUKBErsiB, N. Y.?The shirt and
r wool trousers manufactory of Hull A Co.
| one of the most important industrioi in
( this city, employing several hundred
women operatives, with a hitherto stead]
^ t weekly pny roll of $1,900, and working
I nn full limp tins liipn rnmnpllefi In m
on half time.
Ansonia. Coni*. ? Th? Reach Mnnu
facturiug Company, Ileacon Fails,owned
l>y Charles M. Do"ch of Hartford, tin
ploying 150 hands, began Monduy to rur
tluee days a week. The company owns
all the houses ?ud has reduced rents one
half.
UuumkotoN, Vt.?The woolen, meri
no* and cotton mills in Winooski and
this city have chut down until Sopr. 4
and longer if business docs not improve,
The cotton mill Ins ou hand 20,000 pioccs
of print cloth, for which thero is no
umrkct except at a price below the cosl
of manufacture. About 850 people arc
out of work.
ApppBTON, Wis.?The mammoth sulphite
librc pulp mill of the Manufactur
ing Investment Company, in which President
Cleveland, Dan Lamout, and Doc
M. Dickinson are stock holders, has ehui
down. It is said that work will bo rosuinod
in two weeks. Tho mill cmployi
100 pirsoas. The paper mill and twe
pulp mills of the All's Company havi
also shut down.
Norwich,. Conn.?The Shotuckct
Cotton Company of Groenvillo, which
closed its mill ten days ago for twe
weeks, has posted a notice ou ifrj'--tw
jj door saying that tho mill would b?.natic
d ..ol
a uuwu uuu. i.?v rn.ln?i WWK.41DU?. JU,
i this action 500 operativos arc thrown ou
of work indefinitely.
?The Mountain Island (N. C.) Mf'g
y Co's mill is running ou half time.
t ?The Newton, (N. C.) Cotton Milli
have closed down "because there is m
i
demand for jump," Col. W. Williams
| the president says. The other thrc<
^ mills of Nowton and in Maiden (nearby
i have also stopped.
\ ?The Leuneau Mill, at Greenville, 8,
3 C., shut down last Saturday. The Ather
. ton Mills, of Charlotte, have closed foi
. two weeks.
8 ?Tho Bibb Mills, at Macon, Ga.
3 have shut down, and about 1,200 haudt
I are thrown out of employment.
?The Dartmouth Cotton Mills a
. Augusta, Ga., will, for a short period
inn nn half tilSC. The COUou uf ili
g curtailment of output is tho shutting
down of cotton factories in the East
? The production of these mills *o ui&postii
3 of to Eastern factories.
^ TWO LAWYERS FIGHT.
a
f Grin .'Walker, of Virginia, Stabbed Mr
I Wy sor, and the Latter Got Hie Gun.
a A special from i.ynchburg says; Now
reached hero of a light between Genere
j James A. Walker and J. C. Wysor, oj:
j poucnts in tlio suit of Hugh Bhoit vf
Norfolk & Western Railroad for fi'0,00
Q damages, at Pulaski City Wednesday.
e Tlie jury rendered a verdict of $7,001
s in favor of Bhott. Tho trouble begai
. when Gen. Walker, counsel for the Rail
. road, claimed that Mr. Wysor appcaloc
a to the passien and prejudice of tho jur
e in his speech, The lie and several blow
pasted, when Walker stubbed Wysor i
the shoulder and cut his cheek badlj
a Wysor secured a gun and tried to tin
Walker in the hotol to shoot him. Rot
j were arrested and pluced under a $5,00
oonci cacn.
Wysor whs a presidential elector fc
0 the ninth district in the Inst campaign
' and is n young man. Wulker is an ex
8 Lieutenant. flnvernor.
1
e Chinese Use of Towels,
8 It appears from tho latest consular re
0 port from Bwatow, in Southern Chine
^ that aiuuug cuiion goods ihe import c
t towels alono hasshown any improvemenl
f Hut, the consul explains, this does nc
? imply any ihcrcased attention to person?
cleanliness ou tho part of tho inhabitant
of tho district, for the towels aro use
for clothing. The breadth of the ordinar
towel being that from shoulder t
shoulder, two town together will mako
' coat. Bleevcs aro dispensed with, an
except for the armbolcs there is none c
that waste of material which is eapeciall
-repugnant to the Chinaman, and whic
the size of his native piece goods an
tho fashion of his clothes conspire t
avoid.
> \
WHOLESALE SWINDLING. | fOi
The Ohaig<o Igeinit ft Well-known fh(
L??yer ofColumbia, 8, O.
Wasuinotok, D. O.?Acquaintance# N
of Capt. C. O. llarrett, ft well-known tho
lawj or of Columbia, 8. O., express much wee
urpriee at hit arrest on ft charge of a bl
wholesale swindling. m Y
Ho was in Washington not long age perl
pressing his olaims to an appointment as uti
chief clerk in tho office of the Assistant and
Attorney-General, llo whs clso a candl- tho
date for the Railroad Oommissioncrship r'co
of this State, ami it is add his chauccs fort
for getting it were good. Las
Tho accounts of hi* operations say that was
he induced a number of .fourth-cla*a Post- 'uri
masters to order, on letter heads boarlug and
their n.*mes and official titles, from North- wer
em deal -rs large quantities of various Uu<
kinds of merchandise and munufacturod
I art'cle*. t iutl
Credit was n<kcd an I Barro't given as fifu
reference. When tho goods urrivod Bsr- I of I
I rett took possession and sold them for nnd
, whatever ho could get. Whou the bills Cou
, bccune duo tho manufacturers and deal- mm
| era dlscovcrol the swindlo. the
In connection with tlrs, Barrett dis- \
posed, through his Post Office accompli- Or!
ccs, of qututitloj of stamps which had pru
once been used and tho cancellation wot
( stamp removed. pro
Upon tho discovery of this tho Govern- and
mrut took a hand, nnd an investigation yoai
followed, resulting in the Captain's nr- dee!
rest. In default of $10,000 bail, he was kne
I remanded to jail. Additional arrosts are bus
expcctod. and
Feeding the Factory Chris. cou
BitinoRroiiT, Conn.?When orders
i came a week or two ago that tho big corset ^
1 factory owned by tho millionaire corsot rlc<!
: manufacturer,Dr. Warner,would only run aDt'
three days a week in tho future thero wns crcl
cons' crnation among tho young women *l)c
employed there. The question of how ?hi
they were going to live, which was
i bothering t?em, has been settled, nnd au^
t now all are uh happy ss though there wus mai
nn hbundance of work. 1
3 Dr. Warner isutcd orders that Hny of 'or
) the young women who wero short of con
S money nnd had no homes should ho fed c^,(3
at tiie Sm-ido Institute until such time
as the fa? tory starts up again at full '9 1
tiuio. abu
> Tho Institute is near tho factory, and M 1
-Ul# |,U0t|,0(|B 0f giiU omi)l ?y- ^
'' C?r;3 'a< *orJ? aro furnished with a^(
Ji' . ut cost of tho material. At break- P'9
t fast Manager llaw'.ey hud as hi* guests *n
six hundred girls who had taken advuut;
ago of the HTer of Dr. Warner. They r'c<
were all girls without homes, and the pay *RC
s they receive for ihreo days' work each A^'
0 week would scarorly pay their board, to
t s.iy nothing of room rent. They were
B very demure ut the morniug meal, but yftt
) when dinner was served the fact of being acr
tho guests of th? owner of the grc.\t fsc- RD(
tory bad a funny t fleet upon tlnm. It *?
was given out that Dr. Warner had 'ml
. ordered that they bo provided with the
best of everything. Tho waiters were
nearly demoralized, so fast did the qqj
, orders for pis, watermelon, pickles, and
ice cream coruo from tho largo dining Me
t mom full of jolly girls.
There aro 1,000 women employed in ^
u the factory. Many u? tuviu uio inurried i "i*v
j and livo at homo, and a still greater ^0<
ii1111>I><ir tinvo omenta livintr in this ciiv. I n8'
j The order given by Dr. Wnruer applies i""
to any woman, married or single, among UU(
his employees who is in such poor clr- 'CH
cumslauces that tho loss of three diys'
work will cause hardship. Bince Dr.
Warner's offer has become kuown several ''oi
wealthy womuu of tho city havo been ^oi
8 discussing the subject of furnishing lu*
k) rooms to tho girls freo of chargo until
i. the fuctory is running full time. nu
j res
(' N. O. State Alliance.
G kick no no ho, N. C.?The Formors {j((
^ Alliance held their closing exercises and CJ
1 elected officers as follows: President, wt
J. M. Mewborne; vlco prcsidont, J. 8. j
* Uridges; secretary and troasurer, W. 8. tjf(
^ Barnes; business agent, W. 11. Worth; wj,
? trustee; W. A. Graham; chaplain. Rov. tlw
L J. A. Speight; lecturer, Cyrus Thomp- j
r* son; stowart, J. T. B. Hoover; executive (ju
^ committee, J. J. Long, Mariou Butler, an
^ A. F. Heilman; delegates to the Na- aQ
C tional Alliance Convention, M. L. Wood
and J. II. Blicrrill.
I B<
i,
Tho Richmond Clearing House.
Richmond, Va.?Tho clearing houso
met there and decided that they would an
onlv nav in currency checks to the
amount of $50 against balances at tho
close of business Thursday. But on tho bli
i, presentation of checks this would certify 30
,1 the name as good and payablo through mi
^ the clearing house. Checks against do- $1
posit of currency on and after Friday
will bo paid up on presentation at the
banks.
:s ai
Silver Put chases and Free Oold. 8t
^ Washington, D. C.?As much at
0 00,000 ounces of silver were offered for i0
a sale to the Treasury Department at prices
ranging from .755 to .700. All offers 1
'' wcro declined at the prices ask and
J .7515 an ounce was tendered.
h The $100,000,000 gold reserve is in- fa
tact, and there *8^3,803,290 "free gold" oi
0 in tho Treasury for use in cut rent busi- ar
nets. W(
) GOOD TO* >i*n ECRS22. * ji M
i Splendid Rio* Crop of Lo?{aSiU^w?MH
Lacks Popular Appreciation.
faw Orlkamb, La. ?Tho fliat rice oi
season reached New Orleans this
k. The crop Is in good condition sod
ig jUld is expected, hut it will not bs
urge as the crop last year. The ex?
L'uco of Louisiana lico planters has
sflel thorn that they overdid it tl)*B?
i thit it will tako some time toednnat*
people of the United States to est
iuoru gcnorslly b foro tkay can af1
to raico and soli 3,000,000 hags of it.
t year's crop was phenomenal. I.t
iuoro than double any ever raised bo
and it was so excellent in quilitj
so cheaply raised that the farmers
0 enthusiastic over It, and prairl* rios . ^
1 loomed and doubled and trebled iu
no in a few weeks. Ths outlook was
ccd promising, but oh* season i? diflty
presented itself?tlie cousumptiou
rice was not equal to th^noductiou.
I, ai'h all their cltorts^Tno farmeri
Id not stimulate its consumption very
;h. Tho country could not coasumo jr
product, and prices sufterod.
Vhe:i the crop begun coming into Now
i>nna limt vn.tr ironil rice ruiicn 1 (it
J , o o ? ?
:e from 1 \ to 4 J cunt) n pound. This
ill have given tlio farmor a good
lit, but tho price I1119 steadily fallen,
now nt tlio opening of .'ho so,ism this
r it is ouly 2 J to 2j| coutt n pound a
line of nearly one-half, and which *
ckod most of the protlt out of the *
ne38. Notwithstanding ''i iayHlll? '
[ before tlio new crop has begun tc
10 in, tlicro is a largo aiuouut of tho
crop l< ft over.
"ho planters have endeavored to bring
1 into more general use in every way,
I have undoubtedly succeeded in inising
its consumption. Thoy hnvo
nt |nC.000 for & rice pagoda at tho
cago Exposition, which furnishes tho
tore with rice cooked in various ways
i showing the delicacies that caa bo
Je from it.
tico has even come into use as food
horses, and his add practically at 25
ts a bushel, in the rough stato, or
apur than oats, being found an adnilrc
horro food, but the general fueling
hat so valuable u cereal should not bo
isod in this way, and thai it is as bad
iBlng wuoai in uiko:u ior ium.
ill those f?cU were united to briug
>ut a niaterlnl reduction in the acreage
ntcd in rice this year, and a decrease
the crop, and it is thought tint the
>rts being Iliad's to cx'cud the uso of
i in general consu option,in the mauuturo
of he*r, and otherwise, will coit
the farmers to soli their entire crop
i year, us they could not lust, and so
jrovo the price us to nnke its cultiion
profitable. There uro millions of
es in Louisiana that can he planted,
I it will provide better uad cest less
rai*c than any other crop. 1 tut it is
possible to do this with profit uuloss
> peop'e learn to eat more rice.
LDIERS I'YNCH A MINER.
itters Becoming Serious in the Goal
Greek Mining Region.
^ariivim.k, Tknn.? A Kooxville
icia! otyn: Mcagio inlormation from
il Creek is to tlie < lbct thut u miocr
nod I)rumni"ud was lynched at that
co l?y iiio soldiers. lie hud been
dor arrest, charged with being tlio
der of the mob which assassinated
ivatc Lnugberty Monday night.
Drununond was lotngcd to n trestle,
ing tak'-n by the soldiers from his
urding house. A man nuni'd Hiking.
ipcctcd of complicity in the murder of
ughcrty, will probably be lynched. A
nor by the mime of Mooio has bten artcd
and ?mnm?ry vengeance may be
coked on him.
All dr.s are utsuming serious shape in
j mining region and more trouble is
peeled. Thursday one thousand mint rs
nt out on u general strike and work
at a stand still in all tho mines, except
se of tho Kuoxvillo Iron Company,
lich woik all convicts. The cause of
i strike is the action of the operators
tryiDg to get tho men to accept a rcction
of 20 per cent, on coal digging
d give thtm a like reduction in rents
d s ore provisions.
sported Engagement of Secretary
Herbert and Misa Bailie Brown.
A special from Atlanta, Ga., sajs: 'Tt
reported here that Secretary Horror*
d Miss Sallio Brown, youni i
r of Senator Joseph E.
ged to be married. Miss fefy ?C?<. ?
ond, and is still on the sunny
. She is a woman of literary tastes ^
my social graces. Her father is worth
0,000,000."
Nashville, Tenn.?The First NationBank
of this city has suspended. No
atement has yet been given out.
The Ohio Democrats have nominated
r Governor L. T. Nenl, of Chillicothe.
Bicbmomo, Va.-The Big Stone Gap
ink, capital f44,000, has failed.
A row England hrm of ahoo manncturers
has twenty-two retail agones
where shoes pnrohasod of them
e shinod free of cost as often aa the
jar or desires.
' i ial
' vV ':JA * AwzartftSfe