The Anderson intelligencer. (Anderson Court House, S.C.) 1860-1914, August 10, 1876, Image 3
THE DEMOCRATIC PROGRAMME.
GOVERNOR TILDEN'S LETTER
ACCEPTING TBE ST. louis
nomination.
a Masterly Production which Points
the Way of the Country to a Better
Era?The Methods of Reform Practi?
cally Illustrated and Expounded.
albanx..N- Y.,. July 31,1876.
Gentlemen?-When I had the honor
to receive a personal delivery of your
letter on behalf of the .Democratic Na?
tional Convention, held oh the 28th of
June at St. Louis, advising me of my
nomination as the candidate of the con?
stituency represented by .that body for
the office of President of the United
States, I answered that, at my earliest
convenience, and in conformity with
usage, I would prepare and transmit to
you a formal acceptance. I now avail
myself of the first interval in unavoidable
occupations to fulfil that engagement.
The Convention, before; making ijta
nominations, 'adopted a declaration of
princip|es, which, as a whole, seems to
me a wise exposition of the necessities of
our country, and of the reforms needed
to taring back the government to its 'true1
ranctiooB, to restore purity of admihistra-':
rion and to renew the prosperity dfthe
people. But some of these reforms are
so urgent that they claim more than a
passing approval.
EEFOEM in public expense.
The necessity of a reform "in the scale
of public expense?federal,'. State, an?y
municipalr'-'-Wd Vwnrtire1 modes of fed-*"
eral taxation," justifies all the promi?
nence given to it in the declaration of
the St. Louis Convention.
The present depression in all the busi- j
ness and industries of the - people, which
is depriving labor of its employment and
carrying' want into s'o many homes, has J
its principal cause. m jexcessivejgovern?
mental consumgtion. Under .the illu-1
sions of a specious prosperity engendered j
by the false policies of the federal gov?
ernment a waste of capital has been
going 'on ever";since the;-peace of 1865,
wiuchlcould- only end. in universal dis?
aster. _ ^ v
The federal taxes of-thb^-last eleven
years reach the gigantic: sum. of $4,500,
000,000.*? Local taxation has amounted
to two-thirds as much more. The vast
aggregate is not less than $7,200'000,000.
This enormous taxation followed a
civil conflict rthat had greatly impaired
our aggregate wealth, and had.made a
prompt reduction of expenses indispen
sable. ?-^L. I
Kwaaia^gm7ated'-by->mo8t unscientific
and ill-adjusted methods of taxation that
increased the sacrifices of the people, far
; beyond the receipts of the Treasury,
It was aggravated' moreover by a finan?
cial policy which tended to diminish the
energy, skill and economy of production
and the frugality of private consumption;
and induced miscalculation in business
and an unremunerative use of capital and
labor.
Even in prosperous times the daily
wants of industrious communities press
closely upon their daily earnings. The
margin of possible national savings is at
best a small percentage! of national earn-',
ings. Yet now for-these eleven ' years
governmental consumption has been a
larger portion of the national earnings
than the whole people can possibly save
even in prosperous times for all new in?
vestments.
The consequence of these errors are
now a present public calamity. But
they were never doubtful, never invisible.
They were necessary and inevitable, and
were foreseen and depleted when the
waves of that fictitious prosperity; ran
highest In a speech made by me on the
24th of September/1868, it was said of |
these taxes:
"They bear heavily upon every man's
income, upon every industry and every
business in the country, and year by year
they are destined to .press, still more,
heavily unless we arrest the system that
gives rise to them. It was comparative- J
ly easy, when values were doubling under
repeated issues of. legal tender paper:
money, to pay but of the. froth, of our
growing and apparent wealth these taxes.
but when .values recede and- sink toward
their natural scale the tax gatherer takes
from .us.. .uoJLonly.. our, income,-net only-)
our profits, but also a portion of our cap?
ital. ; **. '?^ J vi do not wish, td exag?
gerate or alarm jj I simply say . that we
cannot afford the costly and ruinous
policy of the radical majority of Congress.
We cannot afford that policy toward the
South. We cannot afford'the magnifi?
cent and oppressor e' centralism into
which our government is being convert?
ed. We cannot afford the present mag?
nificent scale of taxation."
To the Secretary of the Treasury I
said, early in 1865: ) '/'Ii ? ,
"There is no royal road for a govern?
ment more than j lor an individual or a
corporation. What you want to do now
is to cut down, your expenses and live
within your income.' I would give all
the legerdemain of finance and financier?
ing?I would give the whole of it for the
old, homely maxim, 'Live within your
income.'" : ? ? . . ?
This reform will be resisted at every
step, but it must be pressed persistenly.
We see to-day the immediate representa?
tives of the people in one branch of Con
Sress, while struggling to reduce expen
i tu res, compelled to confront the menace
of the Senate and the Executive that un?
less the objectionable appropriations be
consented, to the operations. of the gov?
ernment thereunder shall 'suffer detri?
ment or cease.. In my judgment, an
amendment of the constitution ought, to
be devised separating into distinct bills
the appropriations for the various de?
partments of the public service, and ex?
cluding from each bill all appropriations
for other objects, and all independent
legislation. In that way alone can the
revisory power of each of the two houses
and of the Executive be preserved and
exempted from the moral duress which
often compels assent to objectionable
appropriations, rather than stop the
wheels of the government.
the south.
An accessory cause, enhancing the dis?
tress in business, is to be found in the
systematic and insupportable misgovern
meht imposed on the States of the South.
Besides the ordinary effects of ignorant
and dishonest administration it has in?
flicted upon them enormous issues of j
fraudulent bonds, the scanty avails of j
which were wasted or stolen, and the ex?
istence of which is a public discredit,
tending to bankruptcy or repudiation.
Taxes, generally oppressive, in some in?
stances have confiscated the entire in?
come of property, and totally destroyed j
its marketable value. It is impossible
that these evils should not react upon
the prosperity of the whole country.
The nobler motives of humanity con?
cur with the material interests of all in
requiring that every obstacle be removed
to a complete and durable reconciliation
between kindred populations once un?
naturally estranged, on the basis recog?
nized by the- St. Louis platform, of the
"constitution'of the United States, with
its amendments universally accepted as
a final settlement of the controversies
which engendered civil war."
But, in aid of a result so beneficient,
the moral influence of every good citizen,
as well as every governmental authority,
ought to be exerted, not alone to main?
tain their just equality before the law,
but likewise to establish a cordial j
fraternity and good will among citizens,
whatever their race or color, who are now
united in the one destiny of a common
self-government. If the duty shall be
Assigned to me, I should not fail to ex?
ercise the powers with .which the laws,
and the constitution of our country
clothe its chief magistrate, to protect all
its citizens, whatever their former condi
tion, in every political and personal right.
s , ... . \ CURRENCY REFORM.
. "Reform is necessary/' declares the St.
Louis Convention, ''to establish a sound
currency, restore, the public credit and
maintain the national honor," and it
goes on to "demand a judicious system
of preparation by public economies, by
official retrenchments and by wise
finance, which shall enable the nation
Soon to assure the whole world of its
perfect ability and its perfect readiness
to meet any of its promises at the call of
the creditor entitled to payment."
The object demanded by the Conven?
tion is a resumption of specie payments
on the legal tender notes of the United
States. That would not only "restore
the public credit" and "maintain the
nationaihonor^burit would "establisfi
a sound currency".for,the people.
The methods by which this object is to
be pursued, and the means by which it
is to be attained, are disclosed by what
the Convention demanded for the future,
and by what it denounced in the past .
' BANK NOTE RESUMPTION.
Resumption of specie payments by the
.government of the United; States on its
legal tender notes would establish specie
payments by all the banks on. all their
notes. The official statement, made, on
the 12th of May, shows that the amount
of the bank notes was $300,000,000, less
$20,000,000 held by themselves. Against
these $280,000,000 of notes the banks
held $141,000,000 of legal tender notes,
or a little more than fifty per cent of
their amount. But they also neld on de
posit in the federal Treasury, as security
for these notes, bonds of the United
Statea.worth in gold about $860,000,000,
available^ and current, in all the foreign
money*markets. In resuming, the banks,
?eveir if it were possible for ail their notes
to be presented for payment, would have
$500,000,000 of specie funds to pay $280,
000,000 of notes, without contracting
their loans' "to" their customers or calling
on any private debtor for payment. Sus?
pended banks undertaking, to\ resume
have usually been obUged.to collect from
needy iofrowers'. the-'jmeans ;'to.: redeem
excessive issues and to provide reserves.
?A -Vighe 'idea of distress is, therefore,
often associated.. . with, the process of re?
sumption., But - the conditions 'which)
J caused distress in those former instances^
do not now exist.
The government has only( to make
good its own promises andihe banks can
take care of themselves without distress?
ing anybody. The government is, there?
fore, the Hole delinquent.
LEG Ali TEXDER^RtaUMETlOX.
The amount of the legal-tender-notes
ofcihe United States'now. outstanding--is
less than $87^(K)0,000;T)esideg. $84,000.
000. of fractional currency.- How'shall
?the government make these notes at all
'times as good as specie?
Ts\ has to\prpvide, in referencetoffie
mass which would be kept in use. by the
wants of business, a central reservoir of
coin, adequate, to the adjustment of the
temporary fluctuations of international
balances and as a guaranty, against'
transient drains artificially created by
panic or by speculation.
It has also to provide for the payment
in. coin of-mtaeh ftjfljjpaaL currency as
may be presented for redemption, and
-auch inconnidersble portions of the legal
-tenders as individuals may, from time to
time, desire to con vert for special use or
in order to lay by in coin their little
stores of money.
' RESUMPTION NOT DIFFICULT.
To make the coin now in "the Treasury
available for the objects of this reserve,
to gradually strengthen and enlarge that
reserve and to provide for such other ex?
ceptional demands for coin as may arise
does not seem to me a work of difficulty.
If wisely planned and discreetly pursued,
it ougnt not to. cost any sacrifice to the
business of the country." It should tend,
on the contrary, to a revival of hope and
confidence. The coin in the Treasury on
the 30th of June, including what is held
against coin ' certificates, amounted to
nearly $74,000.000. The current of pre?
cious metals .which has flowed out of our
country for the eleven years from July 1,
1865, to June 80,1876, averaging nearly
$76,000,000 a year, was $832,000,000 in
the whole period, of which $617,000,000
were the product of our own mines.
To amass the requisite quantity, by in
tercepting from the current flowing out
of the country, and by acquiring from the
stocks which -exisbabToad^without -dis*
turning the equilibrium of foreign money
markets, is a. result to \ be easily 'worked
out by practical knowledge and' judg?
ment
With respect to whatever surplus of
legal tenders the wants of business may
fall to keep in use, and which, in order
to save interest, will be returned for re?
demption, they can either be paid or they
can be funded. Whetherithey continue
as currency, or be absorbed into the vast
mass of securities held as investments, is
merely a question of the rate of ? interest
they drawi Even if they were to remain
in their present' form, and the govern?
ment were to agree to pay on them a rate
of interest, miking them desirable as in?
vestments, they would cease to circulate
and take their place with government,
State, municipal and other corporate ana
private bonds, of which thousands of mil?
lions exist among us. In th&perfect ease,
with' which they can J be changed ? from'
currency into investments lies the only
danger to be. guarded against in the
adoption of general measures intended to
remove a clearly ascertained surplus?
that is, the withdrawal of any which are
not a permanent excess beyond the wants.
of business. Even more mischievous
would be any measure which affects the
public imagination with the fear of an
apprehended scarcity. In a community
where credit is so much used cfluctuatiofra
of values and vicissitudesin business are
hugely caused by the temporary beliefs
of men, even before those beliefs can con?
form to ascertained realities.
AMOUNT OF NECESSARY CURRENCY.
The amount of necessary currency at a
given time cannot be determined arbitra?
rily, and should not be assumed on con?
jecture. That amount is subject to "both
! permanent and temporary changes. An
[enlargement of it which seemed to be
durable, happened at the beginning of
the civil war by a substituted use of cur?
rency in place of individual credits. It
I varie.; with the certain states of business.
It fluctuates with considerable regularity j
at'different seasons of the year. In "the'
autumn, -for instance,'-when buyers of
grain and other agricultural products
begin their operations they usually need
to borrow capital or circulating credits
by which to make their purchases, and
want these funds in currency capable of
being distributed "in small sums among
numerous sellers. The additional heed
I of currency at such times is five or more
J per cent of the whole volume, and, if a
surplus bevond what is required for ordi?
nary use does not happen to have been
on hand -at the.money centre a -scarcity
of currency ensues, and also a stringency
in the loan market. -
It was in reference to such experiences
that, in a discussion on this subject in
my annual message to the New York
, Legislature of January 5, 1875, the sug
! gestion was made that:?
"The federal government is bound to
redeem every portion of'.its: issues which
the public do not wish to use. Having
assumed to monopolize the supply of cur?
rency and enacted exclusions against
everybody else, it is bound to furnish all
which the wants of business require." *
* * "The system should passively al?
low the volume of circulating credits to
ebb and flow according to the ever
changing wants of business. It should
imitate, as closely as possible, the natural
laws of trade, which it has superseded by
artificial contrivances." And in a simi?
lar discussion in my message of January
4, 1876, it 'was said that resumption
should be effected "by such measures
as, would keep the aggregate amount
of the currency self-adjusting du
ring all the process, without creating,
fat any time, an artificial ? scarcity,
and , without exciting , the public imag?
ination with alarms which impair confi?
dence, contract the whole large machine?
ry of credit and disturb the natural oper ?
ations of business."
MEANS OF RESUMPTION.
"Public economies, official retrench?
ments and wise finance" , are the means
which the St. Louis Convention indicates
as provision for reserves and redemptions.
The best resource is a reduction of the
expenses of the government below its in?
come, for that imposes no new charge on
the people.
If, however, the improvidence and
waste which have conducted us to a pe?
riod of falling revenues oblige us to sup?
plement the results of economies and re?
trenchments by some resort to loans, we
should not hesitate. The government
ought not to speculate on its own dishon?
or in oider to save interest on its broken
Sromises, which it still compels private
ealers to accept at a fictitious par. The
highest national honor is not only right,
but would prove profitable. Of the pub?
lic debt, $985,000,000 bear interest at six
per cent in gold, and $712,000,000 at five
per cent in gold. The average interest
is 5.58 per cent.
A financial policy which should secure
the highest credit, wisely availed of,
ought gradually to obtain a reductoin of
one per cent iQ the interest on most; of
the loans. A saving of 'one per cent, on
the average would be $17,000,000 a year
in gold. That, saving regularly invested
at four and- a half per cent' would, in
less than thirty-eight years, extinguish
the principal. The whole $1,700,000,000
of funded debt might be paid by this
saving alone, without cost to the people.
PROPER TIME FOR RESUMPTION.
The proper time for resumption is the
time when wise preparations shall have
ripened into a perfect ability to accom?
plish the object with a certainty and ease
that will inspire confidence and encour
: age the reviving of business. The earli?
est time in which such a result can be
brought about is the best;Even" when
the . preparations shall have, been ma?
tured, the exact date would have to be
' chosen with refereuce to the then exist?
ing state of trade and credit operations
in our own country, the course of foreign
commerce and the condition of the ex?
changes with other nations. The specific
'measures and the actual date are matters
of detail having reference to ever-chang?
ing conditions. They belong to the do?
main of practical administrative states?
manship. The captain of a - steamer
about starting from New York to Liver-,
pool does not assemble a council over his
ocean chart and fix an angle by which
to lash the rudder for the whole voyage.
A human intelligence must be at the
helm to discern the shifting forces of the
waters and the winds. A human hand
mi ist be on the helm to feel the elements
jday by day, and guide to a mastery over
;thi3m.
PREPARATION FOR RESUMPTION.
' Such preparations are everything. With?
out them a legislative command fixing a
.day, an official promise fixing a day,'are
shams. They are' :se? they are a snare
and a . delusion to all who trust them.?
They destroy all confidence among
thoughtful men. whose judgment will at
last sway public opin ion.* An attempt to
act on such a command or such a promise,'
without preparation, would-end in new
suspension. It would be. a fresh calami?
ty, prolific of confusion, distrust and dis?
tress.
. THE. ACT OF JANUARY 14; 1875.
The act of Congress, of the 14th of Jan?
uary, 1875, enacted that, on and after the
1st of Januany, 1879, tiiej Secretary of the
Treasury shall redeem in coin the legal
tender notes of the United States on pre?
sentation at the office of the Assistant
Treasurer in the city of New York. It
authorized the Secretary "to prepare and
provide for" such resumption of specie
payments by the use of any surplus reve?
nues not otherwise appropriated, and by
issuing, in his discretion, certain classes
of bonds.
More than one and a half of the four
years have passed. Congress and the
President have continued ever since to
unite in acts which have legislated out of
existence every possible surplus applica?
ble to this purpose.
The coin in the Treasury claimed to
belong to the government bad, on the 30th
of June, fallen to less than $45,000,000
asl'c^?^$59,(X)0,000.oii the 1st of Jan?
uary, 1875, and the availabilfy of a part
that sum is said to be questionable.' The
revenues are falling faster than appropri?
ations and expenditures are reduced,
leaving , the Treasury with diminishing
resources. The Secretary has done noth
ing under his power to issue bonds.
The legislative command, the official
promise fixing a day for resumption, have
thus far been barren. No practical prep
ation toward resumption have been made.
There has been ho progress. There have
been steps backward.
There is no necromancy in the opera?
tions of government. The homely
maxiois of everyday life are the best stan?
dards of its conduct A debtor who
; should promise to pay a loan out of sur?
plus income, yet' be seen every day spend
ing all he could lay his hands on in
riotous living, would lose all character
for honesty.
RESUMPTION PLAN OF THE ST. LOUIS
. PLATFORM.
The St. Louis platform denounces the
failure for eleven years to make good the
Sremise of the legal' tender notes. It
enounces the omission to accumulate
"any.reserve for their redemption." It
denounces the conduct "which, during
eleven years of peace, has mad* no ad?
vances toward resumption, no prepara?
tions for resumption, out instead has ob?
structed resumption by wasting our re?
sources and exhausting all our surplus
income; and, while professing to intend
a speedy return to specie payments, has.
annually enacted fresh hindrances there?
to." And having first denounced the
barrenness of the promise of a day of
resumption, it next denounces that bar?
ren promise as a "hindrance" to resump?
tion. It then demands its repeal and
also demands the establishment of "a
judicious system of preparation" for re?
sumption. It cannot be doubted that
the substitution of "a system of prepara?
tion" without the promise of a day, for
the worthless promise of a day without
"a system of preparation" would be the
gain of the substance of resumption in
exchange for it> shadow.
Nor is the denunciation unmerited of
that' improvidence which, in the eleven
yean since the peace, has consumed
$4,500,000,000, and yet could not afford
to give the people a sound and stable
currency. Two and a half per cent on
the expenditures of these eleven years,
or even less, would have provided all the
additional coin needful to resumption.
RELIEF TO BUSINESS DISTRESS.
The distress now felt by the people in
all their business and industries, though
it has its principal cause in the enormous
waste of capital occasioned by the false
policies of our government, has been
greatly aggravated by the mismanage?
ment of the currency. Uncertainty is
the prolific parent of mischiefs in all
'business. Never were its evils more felt
than now. Men do nothiug because they
are unable to make any calculations on
which they can safely rely. They under?
take nothiug because they fear a loss in
everything they would attempt. They
stop and wait. The merchant dares not
buy for the future consumption of his
eustomers. The manufacturer dares not
make fabrics which may not refund his
outlay. He shuts his factory and dis?
charges his workmen. Capitalists cannot
lend money on security they consider
safe, and their funds lie almost without
interest Men of enterprise who have
credit, or securities to pledge, will not
borrow. Consumption has fallen below
the natural limits of a reasonable econo
my. Prices of many things are. under
the range in .frugal,' specie-paying times
before the civil war. Vast masses of
currency lie-in the banks unused. A
year and a half ago the legal tenders
were at their largest volume, and the
$12,000,000 since retired have been re
Elaced by fresh issues of $15,000,000 of
ant notes. In the meantime the banks
have been surrendering about $4,000,000
a month, because they cannot find a
profitable use for so many of their notes.
The public mind will no longer accept
shams. It has suffered enough from illu?
sions. An insincere policy increases dis?
trust. An unstable policy increases un?
certainty. The people need to know
that the government is moving in the
direction of ultimate safety and prosper?
ity, and that it is doing so through pru?
dent, safe and conservative methods,
which will be sure to inflict no new sac?
rifice on the business of the country.
Then the inspiration of new hope and
well founded confidence will hasten the
restoring processes of nature, and pros?
perity will begin to return.
The St. Louis Convention concludes its
expression in regard to the currency by a
declaration of its convictions as to the
practical results of the system of prepa?
rations it demands. It says: "We be?
lieve such a system, well devised, and,
above all, intrusted to competent hands
for execution, creating at no time an ar?
tificial scarcity of currency, and at no
[ time alarming the public mind into a
withdrawal of that vaster machinery of
credit by which ninety-five per cent, of
all business transactions are performed?
a system open, public and inspiring gen?
eral confidence, would from the day of
its adoption bring healing on its wings
to all our harassed industries, set in mo?
tion the wheels of commerce, manufac?
tures and the mechanic arts, restore em?
ployment to labor, and renew in all its
natural sources the prosperity of the peo?
ple."
The government of the United States,
in my opinion, can advance to a resump?
tion of specie payments on its legal ten?
der notes by gradual and safe processes
tending to relieve the present business
distress. If charged by the people with
the administration of the Executive of?
fice, I should deem it a duty so to exer?
cise the powers with which it has been
or may be invested by Congress as best
and soonest to conduct the country to
that beneficient result.
CIVIL SERVICE REFORM.
The Convention justly affirms that re?
form is necessary in the civil service,
necessary to its purification, necessary to
its economy and its efficiency, necessary
in order that the ordinary employment
of the ?public business may not be "a
prize fought for at the ballot box, a brief
reward of party zeal instead of posts of
honor assigned for proved competency,
and held for fidelity in the public. em?
ploy." The. Convention . wisely. added
that "reform is necessary even more in
the higher grades of the public service.
President, vice President,-Judges, Sena?
tors, Representatives, Cabinet officers,
these and all others in authority are the
people's servants. Their offices are hot
a private perquisite; they are a public
trust."
Two evils invest! the official, service of
the federal government,
j One is the prevalent and' demoralizing
notion that the public Bervice exists not
for the business and benefit of the whole
Eeople, but for the interest of the office
olders, who are in truth but the serv?
ants of the people. Under the influence
of this pernicious error public employ?
ments have been multiplied, the num?
bers of those gathered, into- the ranks of
office-holders have been steadily in?
creased beyond any possible requirement
of the. public business, while inefficiency,
peculation, fraud and malversation of
the high places of power to the lowest,
have overspread the whole service like a
leprosy. 1
The other evil is the organization of
the official class into a body of political
mercenaries,. governing the caucnsses
and dictating the nominations of their
own party, and attempting to carry the
elections of the people by undue influ?
ence and by immense corruption funds
systematically collected from the salaries
or fees of office-holders. The official
class in other countries, sometimes by its
own weight and Sometimes in alliance
with the army, has been able to rule the
unorganized masses even under universal
suffrage. Here, it has already grown
into a gigantic power capable of stifling
the inspirations of a sound public opin?
ion, and of resisting an easy change of
administration, until misgovernment .be-'
comes intolerable and public spirit has
been stung to the pitch of a civic revo?
lution.
The first step in reform is the elevation
of the standard by which the appointing
power selects' agents to execute official
trusts. Next in importance is a consci?
entious fidelity in the exercise of the
authority to hold to account and displace
untrustworthy or incapable subordinates.
The public interest in an honest, skilful
performance of official trust must not be
sacrificed to the usufruct of the incum?
bents.
After these immediate steps, which
will insure the exhibition of better exam?
ples, we may wisely go on to the aboli?
tion of unnecessary offices, and, finally,
to the patient, careful organization of a
better civil service system, under the
tests, wherever practicable, of proved
competency and fidelity.
While much may be accomplished by
these methods, it might encourage delu?
sive expectations if I withheld here the
expression' of my convictions that no'
reform of the civil service in this coun?
try will be complete and permanent until
its chief magistrate is constitutionally
disqualified for re-election; experience
having repeatedly exposed the futility
of self-imposed restrictions by candidates
or incumbents. Through this solemnity
only can he be effectually delivered from
his greatest temptation to misuse the
power and patronage with which the
Executive is necessarily charged.
CONCLUSION.
Educated in the belief that it is the
first duty of a citizen of the Republic to
take his fair allotment of care and trou?
ble in public affairs, I have, for forty
years, as a. private citizen, fulfilled that
duty. Though occupied in an unusual
degree during all that period with the
concerns of government, I have never
acquired the habit of official life. When
a year and a half ago, I entered upon
my present trust, it was in order to con?
summate reforms to which I had already
devoted several of the best years of my
life. Knowing as I do, therefore, from
fresh experience how great the difference
is between gliding through an official
routine and working out a reform of sys- j
terns and policies, it is impossible for me
to contemplate what needs to be done in
the federal administration without an
anxious sense of the difficulties of the
undertaking. If summoned by the suf?
frages of my countrymen to attempt this,
work, I shall endeavor, with GodV help,
to be the efficient instrument of their
will.
SAMUEL J. TILDEN.
To General John A. McClernand, Chair?
man, Gen. W. B. Franklin, Hon. J. J.
Abbot, Hon. H. J. Spaunhorst, Hon.
H. J. Redfield, Hon. F. S. Lyon and
others, Committee, &c._
To Contractors.
THE Contract for the rebuilding of the
following Bridges will be let to the
lowest responsible bidders, as follows :
At Stott's, on Six and Twenty Creek, on
Monday, 14th of August, 1876.
At Centrevillc Mills, on Six and Twenty
Creek, on Tuesday. 15th of August, 1876.
Specifications made known on day of
letting. The right to reject any and all'bids
is reserved.
O. H. P. FANT,
J. JAMESON,
County Commissioners.
July 20, 1876 1 4 I
SPECIAL NOTICES.
Questions for Every One to Answer.
Are you troubled witb Indigestson,
Constipation of the Bowels, Dyspepsia,
or any disease of the Liver ? Have you
suffered for years and found no relief
from the uso of medicines? Do you have
a faint appetite, and are you troubled
with feelings of languor? If you have
these feelings we know you nave not
tried the new discovery MERRELL'S
HEPATINE, at Simpson & Sadler's
Drugstore. It is performing wonderful
cures in this and all other communities
Where the people use it. It is pronounced
by all as the best Liver Medicine in the
world. Two doses will relieve the worst
case of Dyspepsia or Constipation of the
Bowels. Each bottle contains fifty doses,
and a teaspoonful of this medicine in a
wineglassful of water three times a day
for one day, produces a most wonderful
change. Where the system is run down
with loss of energy and appetite, or Dys?
pepsia, with all its train or evil, is effect?
ing its deadly work, this remedy, MER?
RELL'S HEPATINE, never fails to
bring about a speedy and permanent cure.
Those who doubt the merit aud virtues of
this medicine and live from day to day
without trying the HEPATINE, have our
sympathy, but cannot be cured uuless
they take the Medicine.
The Struggles of Life.
From the cradle to the grave life is full of
struggles. Some struggle for riches, some
for pleasure, some for honor, and others
struggle to regain that greatest of all bless?
ings?health?and in their efforts they often
resort to means which places it farther out
of their reach They take drastic compounds
which shock the system, or violent minerals
which poison by degrees, and thus the vital
energies are weakened and the very founda?
tions of life polluted. Nature provides rem?
edies for every disease, and it is from the
vegetable kingdom that Da. Tutt's Liver
Pills derive the'r ingredients, and in their
use there is the happy certainty that if they
do no good, they do no harm. But of their
efficacy, thousands who have been cured.of
diseased liver, kidneys, spleen, stomach and
bowels, live to-day to testify.
Sensible Advice.
You are asked every day through the col?
umns of the newspapers and by your Drug?
gist to use something for Dyspepsia and
Liver Complaint that you know nothing
about, you get discouraged spending money
with but little success. Now to give you
satisfactory proof that Green's August
Floweb will cure you of Dyspepsia and
Liver Complaint with all its effects, such as
Sour Stomach, Sick Headache, Habitual
Costiveness, palpitation of the Heart, Heart
bum, Water-brash, coming up of food after
eating, low spirits, <fec., we ask you to go
to your Druggists, Wilhite & Williams, and
?et a Sample Bottle of Green's August
'lower for 10 cents, two doses will reheve
you.
Special to Builders and Contractors.?
j Before "breaking ground" send to Mr. P. P.
Toale, of Charleston, S. C, for his complete
list of Building Material, with prices attach?
ed. The facilities of his establishment will
save you time, annoyance, and what is easier
counted, will save you money. He is also
sole agent for "The National Mixed Paint
Co.," warranted superior to any prepared
paint made. List of shades and colors free
on application.
DUR YEAS'
SATIN GLOSS STARCH.
TRY IT!
Use it once, and you will use no other.
DUR YEAS'
Improved Com Starch,
Pronounced by Jurors of Great International
Exposition, Paris, 18G7, to be the
?PERFECTION OP QUALITY.'
A trial will insure its popularity every?
where.
None genuine without Duryeas' on every
I package.
FOR SALE BY GROCER 3 GENERALLY.
June 8, 1876 47_
lee and Jackson Military Academy,
EUE KS TILLE, VA
FALL Term begins first Monday in Sep?
tember. Spring Term begins first.
Monday in February. Faculty composed
of graduates of the University of Virginia.
Board and Tuition, including washing, fuel
and lights, $85.00 per session of five months.
Send for circular, with full particulars.
Address,
Maj. BENEDICT J. BURGESS,
Principal, Burkoville, Va.
Aug3,187? 3 , .2?
iatf
THE FALL TERM will open on MON?
DAY, 11th of SEPTEMBER.
The regular charges are $6.00, $10.00 and
$14.00 per term in the Literary Department,
but if paid promptly in advance, they will be
reduced 12i per cent. Board with the Pres?
ident, $12.50 per month, payable at the end
of the term; in advance, $11.00. Entrance
fee for new pupils, 35 cents.
W. J. LIGON, President.
Aug 3, 1876_3_6_
BUIST'S NEW CROP
TURNIP SEED.
ALSO,
DRUGS, MEDICINES, PAINTS,
OILS, LAMPS,
PERFUMERY,
TOILET ARTICLES, CIGARS,
TOBACCO, and
DTE STUFFS GENERALLY,
at
WILHITE & WILLIAMS'.
July 27, 1876_2_
100 POUNDS
Buist's New Crop
TURNIP SEED,
Just Received, and for Sale by
SIMPSON & SADLER,
BENSON HOUSE CORNER,
ANDERSON, - S. C.
Ang 3,1876_3_
SHOES AND BOOTS.
A LARGE lot of Men's, Women's Missus
and Children's Shoes and Gaiters, for sale at
low prices, until the 10th of June, by
TOWERS & BROYLES.
TOWERS & BROYLES
ARE offering special inducements to Cash
Buyers until the 16th instant.
June 8, 1876_47_
BARGAINS!
TO be had at TOWERS & BROYLES',
No. 4 Granite Row, Anderson, S. C,
in DRY GOODS, HATS, SHOES, SAD?
DLES, HARNESS, CLOTHING, &c. Give
them a call before buying.
June 8, 1876 47
3STOTIOE.
FROM this date we shall offer our whole and entire Stock
of Dry Goods, Clothing, Boots, Shoes, &c., &c.,
f
These are no idle nor high sounding professions, but to
those in want of above Goods, we will demonstrate that
WE MEAN BUSINESS.
These Goods must be sold to make room for one of the
largest and most attractive lines of Pall and Winter Goods
ever opened in Anderson County. Call and secure first
choice.
ARNSTEIN & ROSE,
NEW YORK CASH STORE.
Anderson, S. C, Aug. 10, 187C.
THE OLD COTTON GIN WITH A NEW NAME.
x. x:. Hi. gk?ti
The Exact counterpart, without Addition or Alteration, of
the genuine Sam'l. Griswold Cotton Gin, and the only
true copy of that celebrated Machine made!
THE MACHINERY is entirely new, of the latest and most approved kind. The
Workmen are entirely first-class, practical Gin-Makers. One of the workmen was
Foreman for Sam'l. Griswold, in the manufacture of the Griswold Gin.
Send for descriptive circular and price list.
, J. E. PEOPLES, Agent, Anderson, S. C.
D FIND1A? SQNC
? > d n n wn mmm ^
^IRONWORKS
Finlay's Improved Wrought Iron Screw Press?the best
made.
Finlay's Eclipse Screw Press packs the bale in twelve
rounds.
Finlay's Horse Power, ordinary Gin-Gearing, Segments
and Pinions, Shafting, Pulleys, &c.
THE HERO STEAM ENGINE AND BOILER,
'En
Designed and built expressly for driving Cotton Gins. Guaranteed superior to any ery
finebuilt in the United States, for same purpose,-and at same price. Boiler made of v
est boiler-plate iron. Tubes of best lap-welded iron. The base, or foundation of boil '
is of that peculiar formation as to make it perfectly secure and tight, and safe as a stove.
Compare dimensions of this Boiler and Engine, and all its parts, with any other Engine
of lite build, rated at same horse-power?compare, also, material and the workmanship
with any other, and then make your verdict.
PRICE OF HERO ENGINE:
Fonr-Horse Power.$300.
Six-Horse Power. 400.
Call on
J. E. PEOPLES,
Agent for the Upper part of South Carolina.
July 20,1876 1 '
REFORM, REFORM, REFORM!
E have decided to close out our entire stock of DRY GOODS, including Ladles'
Dress Goods, Calicoes, Notions, Fancy Goods, Clothing, Ac.,
AT COST FOB CASH!
Preparatory to opening a GENERAL GROCERY STORE this fall. We assure all it is
to their interest
TO GIVE TTS AN EARLY CALL.
A WORD TO THOSE WHO OWE US!
We have indulged and assisted you until compelled to have money. "Reform" is the
word and want of the day, and what every honest man should endeavor to bring about.
But how can we reform our trade unless all pay their debts ? Consequently, we urge all
who owe us to come forward and assist us by the first of November next; otherwise, we
will be compelled to call on the ARM OF THE LA W to bring about such reformation.
July 27,1876.
n. k. sullivan & co.
,. 2. ' ? 4 ?
SECURITY
LIFE INSURANCE AND ANNUITY COMPANY,
OF NEW YORK.
Assets January 1st, 1876.$3,683,000.25
Surplus January 1st, 1876. 536,437.00
KATES as low as any Company on same plan. Life und Endowment Policies issued
on all approved plans.
Policies will also be issued on Stock Rates to those who may desire that Plan of Insu?
rance. BRANCH OFFICE?CHARLESTON, S. C.
LOUIS SHERFESEE, General Agent, 40 Broad St.
T. HASELL DICK, Travelling Agent, Sumter, S.C.
August 3,1876 3 * 3 ly
TALBOT & SONS,
SHOCKOE MACHINE WORKS
RICHMOND, VA.
M ANUFACTURERS OF
Steam Engines ami Boilers,
Agricultural Engines,
Circular Saw Mills,
(.'rist. Bark and Plaster Mills,
Shafting, Hangers aud Pulleys,
Improved Turbine Water Wheels.
Oot 14, 1875 13 lv
NOTICE.
ALL Stock, Beef Cattle, Milch Cows, or
property of any description, entrust?
ed to our care, will receive our attention.
J. B. McGEE & CO.,
Commission Merchants.
June 8,1870_47_
NEW GOODS.
JUST arriving a new lot of FANCY
PRINTS, from six to ten cents per yard.
TOWERS it BROYLES,
No. 4 Granite Row, Anderson, S. C.
May 18, 1870 44
?TIO'S?RY
l**\/-;: V HEARING M?rel
! M*1V\*ZlV'Ar r?wG.PL'LLCYSANO HANSEBSj
I The Uli EQUALLED JAS. LEFFEL DOUBLE I
; Address, POOLE & HUNT.1
iSEND FOR CIRCULARS. BALTIMORE, MD.
TO REDUCE STOCK
WE lmve determined to reduce our Stock
of Goods by the 28th of June. Therefore,
we arc offering some goods for less than
cost, some at cost, and all of our goods at
low prices for cash, or to prompt paying
customers on time. Give us a call.
TOWERS & BROYLES.
Groceries and Provisions.
WE have on hand a good supply of Gro?
ceries and Provisions at low prices for cash,
viz: The celebrated Diadem Hams, Bacon,
Lard, Corn, Flour, Sugar, Coffee, Molasses,
Rice, Salt and Fancy Groceries.
Also, the best Oolong, Young Hyson and
Gunpowder Tea.
_TOWERS & BROYLES.
DB. W. G, BROWNE,
DENTIST,
ANDERSON, - * tU O.
A reliable TOOTH PQAYW? fo? sale at
twenty-rive cents a bo;;.
COME BIGHT ALONG
TO
HUBBAED'S,
With your Chickens, Eggs, Butter,
Country Hams, Honey, Oats,
and other Things, and buy
some of them Goods he
is Selling at
AT COST FOR CASH.
ALL WHO WANT
DRY GOODS, CLOTHING,
HATS, SHOES, BLANKETS,
And CROCKERYWARE,
Had better come first. Now is your time to
buy without money.
BACON, FLOUR, LARD,
SUGAR, COFFEE, &c,
On hand and for sale cheap.
A. P. HTJBBARD.
All the Ladies say Hubbard's ICE SODA
WATER is "mitynice.*
Soly 6,1876_51_
GILREATH
&
PEOPLES,
Wholesale and Retail Dealers In
[STOVES AND TIN WARE.
We also keep a rail line of HOUSE FUR?
NISHING GOODS?such as Chamber Sets,
Water Coolers, Waiters, Casters, Muffin
Pans, Spittoons, Potware, Ovens, Spiders,
Andirons.
We also pay the highest prices for Bags,
Beeswax, &c. Merchants will save their
I Rags, as our wagons are out with Tin.
GILREATH & PEOPLES,
Cotton Buyers.
Jan 6, 1876 25 '
OUT OF THE ASHES.
NEW
CARRIAGE WORKS.
THE undersigned beg to announce to the
public generally mat they have again
opened their
CARRIAGE and REPAIR BUSINESS,
In the new and commodious buildings erec?
ted by Capt. Daniels for them opposite the
Jail, in rear of the Benson House, where
they are prepared to attend to all work in
then* line, such as manufacturing and re?
pairing Carriages, Buggies, Wagons, Har?
ness, &c Special attention to Repairing
Jobs and Cutting Tires. All work entrust?
ed to us will be attended to with neatness
and dispatch.
PLEASE NOTICE, That the books
of the old firm of J. L. Fant & Co. are in
the hands of Mr. N. Scott for collection, and
parties indebted will please settle at once,
either by cash or note, as we are compelled
to settle up the old business.
J. L. FANT,
N. SCOTT.
June 8,1876 47
wjc ettengeb. h. p. edmond.
ETTENGER & EDMOND,
RI HMOND, VA?
MA>TFACTUKERS
PORTABLE and STATIONARY ENGINES,
Boilers, of all kinds,
Circular Saw Mills,
Grist Mills,
Mill Gearing,
Shafting. Pulleys, 4c.
American Turbine Water Wheel,
Cameron's Special Steam Pomps.
Send for Catalogue.
Oct 14,1875 18 ly
THE
PAMETTO COTTON GIN.
THE PALMETTO is but another name
for the Griswold Gin, with all the la?
test improvements, and for style, workman?
ship, beauty of finish, &c, will compare
with the best Gins made, and in perform?
ance is surpassed by none. To be convinced
of this, it is only necessary to give them a
trial. Satisfaction always guaranteed, and
references given when desired.
The best CONDENSERS made furnished
to order. Belting and Gin Material kept on
hand. Address the manufacturer,
J. M. MATTHEWS,
Ninety Six, 8. C.
Agent for the Sweep Stakes Thresher and
Champion Reaper.
July 27,1876_2_3m
OEO. W. WILLIAMS. FRANK X. TAYLOR.
WILLTAU BIRME. JOSEPH R. ROBERTSON.
ROBERT S. CATHCABT.
GEO. W. WILLIAMS & CO.
COTTON FACTORS,
Corner Hayne and Church St*.,
. Charleston, S. C.
July 20,1876_1_6m
NOTICE.
ARRANGEMENTS have been perfected
by which the business of GRIND?
ING, SAWING and GINNING COTTON,
will now be prosecuted with renewed vigor,
and with a determination to please in every
particular each and every one who may
wish any work done of the kind. Grinding
as usual on Tuesdays and Fridays. Sawing,
<ftc., done anv time.
1,000 LOGS WANTED to saw du?
ring the next thirtv days.
A. H. OSBORNE.
June 15,1876_48_
LUMBER! LUMBER!
IAM now prepared to furnish PINE,
OAK, HICKORY and POPLAR
LUMBER on the Blue Ridge and Air
Line Railroads at Seneca City, in any
quantities desired.
Mr. Jas. H. McConnell is my agent at
Anderson, wbo will always be found at
the Sheriff's Office, ready to wait on cus?
tomers.
WM. J. HARBIN.
July 8,1875 51
THE MORRIS GIN.
THIS GIN is still in the market, and aftet
forty-two years' trial, is pronounced
thC THE BEST IN USE.
Price, $3.00 per Saw. Wakbaxis*
Address, E. MORRIS.
Colwmbia, S. C.
June 15,1876_43_8m
J. L. ORR. . J. L. TRIBBLE.
ORR & TRIBBLE,
ATTORNEYS at LAW.
JAMES L. ORR asd J. L. TRIBBLE
have this day formed a partnership for
I the practice of Law in this Circuit. Prompt
! attention given to all business placed in
their hands. Special attention given to for?
eign collections. Omens?Second door be?
low the Bank.
I July 1, 1876 51 8m