Historical Newspapers of South Carolina

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

VOL. xvm. BARNWBLL, S. C.. THURSDAY, JANUARY IT, 1895. . U 60LD AND SHYER. A VERY ABLE AND EARNEST PLEA FOR A BIMETALIC STANDARD. tM. L. W. T< UM OiTU Um Fr*e Abl« mmI Very Interesting Kx- (MstUon of the Question—He Sure end ^ Hood It. To the Editor of The State: In my last article I proved from the record that by calling for three inter- 2 national conferences to rehabilitate silver, and by her own declarations, as voiced by her several delegations in these conferences, that the United Stetes admitted that the denial of free mintage of silver had cpt off one-half of the money supply; that this" sup pression of one-naif of the intrinsic money of the State would produce a ru inous contraction; which would lower ' wages, depress the price of all the pro ducts of labor and by doubling the burdens of all debts, taxes and fixed charges, overwhelming debtors, stag nate trade and paralyze industry. This position of the United States was pretty well confirmed by the Euro pean delegates to these conferences. of the unit. Sy value IT ' greater than the uniform preservation intrinsic value of the money On this the security and steady of property especially evidently Hamilton s idea that the money unit should maintain a uni- Zorin measurement of commodities, that upon the preservation of this general parity of ratio in values de- pended the security and steady value of property. Mark, now, the security and steady value of property he re garded as of the greatest moment in the economy of national affairs. In seeking, therefore, to discover the metallic unit which is honecst-and just, we must ascertain whether the commodity value of the gold and sil ver unit has most steadily maintained this parity of value; which of the two that the gold standard was enhancing the value of money, depressing the price of all products- of labor and sac rificing the agriculture of gold stand ard nations to the competition of sil ver standard countries. These were not my assertions, they were the dec larations of the delegates both from the United State and from the great trading nations of Europe. I gave the references for thrse qnotations, search as ah abstract measure of value,, as I hd see, y*u will find Tliem.there ;you ill find them a mutter of record, ut- red in 'the plainest language, and sophistry cannot gloss it oveiv' “A wrong to civilization and to; the hopes of mankind.' 1 “The demoralization of silver means the retirement of not only nearly half the "world's, coin cir culation, but of more than half of convertible paper issues. It ineaAs double the weights of existing obliga tions and to compress the world's ac tivities into half their existing scope. It means to consign the nineteenth century to a paupers grave, and to lay the heavy hand of paralysis on the cradle of the twentieth. Just here the question may be very pertinently asked,such being the case, why did not the European delegates accede to the proposition of the United States for an international agreement for the free and unlimited coinage of silver if The ans*er is very obvious and plain, the debtor and producing classes, who bear the burdens of the gold standard in Europe have very little voice in their governments ;these nation^are ruled almost entirely ^.by wealth, rank and privilege; an ele ment composed almost entirely of the creditor and income classses; whose interest'is to depress wages, lower the price of commodities, and by cheapen augment their fortunes. In consider ing your proposition that the drop in silver has made the silver dollar fifty per cent fiat, and intrinsically worth only fifty cents; we are first led to in quire what is a dollar and what are li&AlAf)AL A RlIYlflfll* nn ■ M WUUUl XX DAlZVllCtl I been asked in England in regard to the pound sterling. 8ir Robert Peel, after alluding to the fact that both Mr. Locke and Sir Isaac Newton, with all of their abilities, had failed to answer it; said “thathe could by nO possible effort of intellect, conceive it to be anything, but*Tk certain determinate weight of gold metal. Imcommenting on this definition of ir Robert Peel, Sir Archibald Allison marked; “Perhaps if his valuble ife had been sparea. and he had seen the ounce of gold selling in Australia at £3 to £3.10s instead of £3.17s, 101-2 the mint price, he would have modi fied his opinion that “u pound is an abstract measure of value just as the yard or foot is of length.” I think Sir Archibald’s definition has been generally accepted as correct; and our dollar, which is <*ur unit of value, is therefore an abstract nieas- ► ure of value, as the yard or foot is of length. The function of the money unit is to measure value and facilitate exchanges—as ninety per cfcftt. of our exchanges are made on time the dol lar becomes not only an abstract measure of present value, but a record of past obligations, a standard for de ferred payments. ' Common equity, therefore requires that its measurement should be stable, and to ensure the preservation of this . party of measurement, its volume should be kept pro portioned to the •\ volume of commodities, to be ex changed. We are by no means witnessing the first interference with the volume of money to dtsturb property values; though this combined action of the bankers of the Northeast and Western Europe,-to strike down silver and double tlieir holdings, is the first at tempt to interfere with the natural law*-of supply from the mini's. This campaigning of the banks to bleed the general public is nothing new. The public has suffered before from that “dangerous antagonist rela tion between, those who hold or com mand the cui+ency and the rest of-the • community,’' as Mr. Calhoun has told r ~^«8. ThBlr bid trick of infiating and contracting, the currency, selling at the highest point of circulating and buying at the lowest was very fully elaborated by Mr. Calhoun in his speech in the United States Senate March 21, 1834. • (See works, vol. 2, pages 347 and 348.) Old Tom Benton, m a they are going to make money scarce, ana make stocks fall, and then I write to my broker to buy; and thug at a hundred leagues from Paris and with out moving from my chair, I make money.’” Again, See (Prof. Bolles 1 “Financial History of the United chase the manufactured articles of the Northwest; the manufacturer, unable to sell, has to discharge his operatives, and left without wages, they in turn are unable to consume, hence we be hold glutted markets and no one able to buy, ^the invariable concomifamtof ment and enterprise are about to ab andon the field, on a falling market they meet with nothing but loss. The captains of industry, who organize and employ labor, have no faith in the conditions resulting from the gold standard. They have realized that enterprises which promise profit at their inception are eiumged into loss and disaster by falling values, before realRation can take place. Hence, labor is admitted to idleness, without means and without employment. It does not require a prophet, a phi losopher or a statesman to foretell the scarcely any point in the economy of Uflavitaole and inuriable result :Over- national affairs of greater moment whelming financial em1 what was developed on this line by a Congressional investigating Commit tee; Where a director of the Tenth National Bank of New York wdf made to confess that he alone had called in Over |4,000,000 to produce a stringency to depress the price of cer tain property of which he was desir ous. Alexander Hamilton thoroughly comprehended the supreme necessity of a stable measurement of the value of property by the money unit. In his report on the establishment of the mint, May 5, 1791, he said:' “There is the yard or the foot js of length,meas- ures the sanie in the units of com modities pew as it did in 1873 before silver was (Tenied free mintago. On making this examination we find that whereas the bullion value of the sil ver dollar measures one hundred iiuit&in cpmmoditie.s, when both met als were accorded free mintage in IKfS; and still measures the same one hundred units in commodities now, having maintained a uniform parity of price and exchanges with the volume of rommodities. the bullion in the gold unit, which in 1873 measurtnl only ninety-seven units in commodi ties, now measures over two hundred. The bullion value of the silver unit measured three feet in commodities in 1873 and measures the same three feet now, having maintained, as an ab stract measure of values, the same regularity and uniformity of measure ment that the yard or "foot does in length. The bullion value of the gold unit, however, which measured less than three feet in commodities in 1893, now measures six feet. What-would a farmer thiak, who, having borrowed of a manufacturer on hw prospective crop of wool a hun dred yards of cloth, when the wool had been delivered and turned into property; therefore, as the dollar is an abstract measure of value, like the yard or the foot of length, always measuring the same, and as Hamilton said it was of the utmost importance to security and steadily \j,alue of pro perty that this uniformityjcif measure ment should be maiutann-d. I Think, Mr. Editor, that the impar tial reader will agree with n»* that the silver unit is the honest up.itof measur ing property values, and is therefore a nundred cloth, the manufacturer should come ing almost everything except money, forward with a rod in his hand six without any effort on their part, vastly feet long, declaring that it was the speech in 1834 / ^‘Thirty Years in the ^Buiate,” volume 1 ^^Ftii (see Benton’s United States ate’ volume 1, page 450,) said: icphilosophic Voltaire, a century ago, from his retreat ia Ferny, gave k lively description of this operation, by which he was made a winner with out the trouble of playing, ‘I have a friend,’said he, "who is a director in the Bank of France, who writes to me when they are going to make mcney plenty, and nuke stocks rise, and then I give orders to my brokers he writes to me when only honest yardstick, either here or in Europe, and that both principal and premium must lie measured by it; the farmer would think it the most aston ishing proposition he ever heard—yet this is a correct picture of. the gold standard-^and more than-tbis, the six feet gold yardstick is still growing longer; gold is continualy anticipating in value. ■ It has been well said “No man has bought who did not know he would have to sell to as hrunken market."No man lias planted who did not know that the standard which measured the cost of his seed and his labor vrould by no means be accepted to measure the valutbof his crop. The producers are all in the condition of the farmer who borrowed cloth of the manufact urer; they got into debt when the gold unit measured three feet in pro perty and are now called upon to set tle, when it measured six feet in pro perty. To men of my avocation the situa tion is worse than serious; they bor rowed money, most of them when two bales of cotton would pay $100, now it takes five bales. Wecan only note the increasing aug mentation of the value of the gold un it, by a corresponding reduction in the price of property. Our cotton is only worth half price, and as far as our land and stock, there is scarcely any market at all. The gold standard ever anticipating in value, is neither reliable or honest, constantly taking more than we pro mised in the contract; it violates the equity of every bargain, where pay ment is deferred, robbing the debtor for the Creditor and income classes, while it reduces the debtor and produc- ning nnancial embarrassment, want and distress, undermined morals, disintegrate society and produce revo lution. John Adams said; “Nodes perately indebted people can long en dure a regular, sober government.” Silver having steadily ’ maintained its ratio of exchange with commodities, and by uniformly preserving its parity with property values since 1873, has shown itself in be honest and reliable standard. In 1873, the silver uuit measured 100 cents in property values and,today iV exchanges for the same amount of DOOMED TO DEFEAT. SUCH IS THE FATE AWAITING THE CURRENCY BILL- the Measure ajut Fight-Some nemnrrat* Hr Combine Agxlniit Win MmI Company. ’ _ — 'i , * ■V^ASHlkoroN, Jan. 9.—In the House today Mr. Outhwaite reported a reso lution from the committee on rules to govern, the further consideration of the currency bill. It provides for the sub stitution of the amended bill proposed by Mr. Stringer, December 20 last, for the pending bill, that it be considered under the five-minute rule, unless dis posed of, until 4:3(Vo : clock Friday and immediately after the expiration of the morning hour on Saturday the vote on pending amendmqntS itia the passage of the bill shall tie taken. Mr. Dingley (Rep.) of Maine, sugges tecTto MK Uuthwarte that a modifies tiontobemade in the rule, so as to per mit the House first to consider sections 9 and- 10 of the bill relating to State banks, for if they were not to be reha bilitated the House might cliange the details contained in the earlier sections This suggestion waa reinforced hy Mr, Louisiana, Shell, Sibley, Snodgrass, Strait, Talbert and Whiting -41. Republicans—Adams of Pennsyl vania. Aldrich, Avery, Haker of Nyw Hampshire, Bartholdi, Bowers, Brod erick, Bromwell, Broeius, Bundy, Can non of Illinois, Checkering, Coffin, Coppervrf iVKacomrin, Cousins Ourtis, of KMiM«rChrtirorNe^ Ycfrlfi»f Dal- zell, Daniels, Dinghy. Dolliyer,.Doo little, Draper, Elm, of Oregon, fia her, Gillett of NeW York, Gillett of Massachusetts, Griffin of Wisconsin, (Tktat, Grow, Hager, Hainer, Hartner, Hartman, Haugen,Henderson of Iowa, Hepburn, Hermann, Hicks, Hitt,How- kins of Illinois, Hopkins <n Pennsyl vania, Johnson of North Dakota, kei- fer, Lacey, Loud, Louden, Slager, Mahon, McCall, McDowell, Meikle- ROA8TING CLEVELAND. Congr«M Sibley, of Penmylvanlo, Router, x to tho A REPUBLICAN Washington, Jan. a—In consider ing the currency bill in the House yesterday Mr. Sibley. Democrat, of Pennsylvania, opened the debate with a sensational speech in opposition to the bill to repeaftiie pim-hasiug^lause of the Sherman law and its failure to TO PERMANENTLY BREAK UP THE SOLID SOUTH. A Vleo-Prooldoat The Washington •'j Baltimore gun glv<» th. conditions, despite the as8urances_to mg as the Republican one hundred cents dollar; and that the gold dollar, which has flagrantly violated the parity of exchange upon which the‘steadily value of anproper- ty and its security depends that nas not only doubled its measurement of property, but is still continually augmenting in value, is unreliable and dishonest. It is a robber, taking two for one, and volating the equity of every contract where deferred pay ments are to be made. As a money unit it is dishonest and a two hundi^d cent dollar. Moutesquiew, in his celebrated work, “Spirit of Laws,” says: That, when a people have not the use of money, they are seldom acquainted with any other in justice than that which springs from violence, and the weak, by unit ing, defend themselves from its effects; they have nothing there but political regulations. But, when money is es tablished, they, are subjuct to that injustice which proceeds from craft, an injustice that may be exercised a thousand ways.” If there is a single honest reader pf ordinary intelligence, who has not been convinced bv reading tho aeries of articres which I have written; that the demonetization of silver was a de liberate scheme on the part of the great money intereast of the Northeast and Western Europe, controlling over thirty billion dollars of credit, to make money scarce and double the value of these holdings; and that the gold unit was the tool selected to work this gigantic robbery; and in accomplishing it, lias doubled its value and necome a dis honest unit, and a two hundred cent dollar, then it seems to me Mr. Editor, that facts and arguments cannot con- vince. In my next article. I propose to dis cuss the wisdom of maintaining the Same money'standards as the great trading natrons of Europe, an aband- enment of which, your correspondent. “More Than One, seems to think, would unsettle oar exchanges; and you would regard as a disaster. L. Walker (Rep.) of Massachusetts, who said it was made in the interest of ex pediting Tiusiness. . Mr. Outhwaite said the gentlemn n as sumed that the time was to be wasted, if it was itot wasted; the sections named would be reached before the order ex pired. Inquiries weir made liy Messrs. Beltzhoover (Dj^ii.) of Pennsylvania, and HTaml fDwn.l of Miftwhiri, as to the status of the amendment the form er-proposed to offer, authorizing the sale of $500,000,(NX) of bonds and the substitute, of which the latter had giv en notice, providing for the free coin age of silver at the ratio of Ifi to T. They were informed by Mr. < )uth- waite that Urn-resolution did not favor nor dincriininafe against an J’ amend ment or substitute; thev would all stand on their merits and be subject to the rules of the House. Mr. Bland wanted Mr. Outhwaite to agree before he would vote for the rule thet be (Mr. Bland) should have an op portunity to offer his free coinage amendment and have it voted upon. If that wpre done he should have no ob jection to the adoption of the resolu tion, otherwise the probabilities w’ere that he would never have an opportu nity to present his proposition Mr. Outhwaite declined to enter into any arrangement respecting the Bland substitute or any other amendment. In response to a question by Mr Reed, Mr. Outhwaite said the object of the resolution was to bring to a con clusion within a reasonable time, the considerotion of the currency hill which had been before the House now for nearly two weeks, already a suffi cient period of time, considering that john, Morse, North way. Perkins, Phil lips, Pickier, Powers, (juigg, Bandall, Ray, Reed,. Red burn, Robinson of Pennsylvania. Russell of Connecticut, Scranton, Smith, Stonfe, Charles W. Stcfne, W. A. Storer, Strong, Thomas, Updegraff, Van Voorhisof New York, Van Voorhis of Ohio^Wadsworth, Walker, Wanger, ’Waugh, White, Wilson of Ohio, Woomer and Wright 82. 4 Populists—Baker of Kansas, Bell of Colorado, Boen, Davis, Kem, Pence and Simpson—7. Total, 430. The result of the vote, w'hich was re- Fairfax, S. C., Jan. 3, 1895. W. Youmans^ ■i ~ ing classes to adject poverty; it is rap idly dividing society into twd classes —the very rich and the very poor— rapidly concentrating the wealth of the country in the hands of the great masses of the people, a condition of affairs under wliicn republics^ govern ment cannot long exist. We nave re ached that critical situation, which has marked the decline and downfall of all the great republics of the past The gold standard has given us a two Imhdred cents dollar, driven the white money metal from the civiliaed nations of the West to the Pagan , na tions of the East; crippling the indus tries of the former and stimulating the enterprises of the latter. It acts like a bounty on the exports of the East against which it is most difficult for Western agriculture to compete; and acting like a tariff on the exports of the West, it shuts the Eastern mar kets to our finished product, stimulat ing Eastern manufacture and curtail ing the demand also for our raw mate rial. It has fulfilled the prediction of British statesmen, that it would event ually prove the ruin of the cotton and wheat indstries of the States. The Nor thwest is now feeding its wheat to horses and hogs, and we are told that in the Southwest the farmer is thresh ing down the cotton in his fields. The cotton and wheat belts, bankrupted and mined, are unable to pay interest on the mortgages that cover their farms and homesteads; they have no surplus xrhaiever with which to pur- ceived as being the practical defeat of the bill, was received in silence. Immediately after the anriounce- ment of the vote Mr. Outhwaite said; Mr. Speaker I withdraw the resolution. The House then turned its attention to the consideration of appropriatiou sills, and before adjouanment at 4:45, it had disposed of two, the diplomatic and consular and postofflee. The for- m* , 4' c-arrit'^a . total of $1,565,118, ami the latter $89,442,958. The chief incident of interest of the ofternoon was the ringing speech of Mr. Hitt (Rep.) of Illinois, upon the necessity of locating United States consuls at Ezeroum and Harpoot, Ar nienia. They were ordered to be es tablished without a dissenting vote.. buildings and grounds today ordered a favorable report on the bill of Mr. Alexander of North Carolsnagranting to the city of Charlotte for use as a the it per Coni was now in the short Bankrupting a State, Pierre, S. D., Jan. 9.—State Treas urer Taylor, who should have turned over his cash to his successor yester day, failed to appear and his bank, the Redfleld National Bank, has closed its doors. When last heard of TayloV was in New York. On Saturday he should have had $350,000, and should have paid 2190,000 -Saturday to take op funding warrants in New Yorlt. His bonds are $350,000, but will stand 50 E er cent, shrinlcage. It has been nown for some time that Treasurer Taylor was hard pressed. Jle was caught in the Chemical National Bank failure at Chicago for a large amount and he lost $20,000 in the bank at Milbank, and $10 000 in that at Geldsberg, which failed during the panic. Altogether he lost $100,000. The First National Bank at Red field, Taylor’s bank, closed its doors yester day. ’pie bank is in good! condition and it is thought will pay ail its debts. The banks at Pierre will not lose any thing. If the defalcation is as large as the bondsmen believe, it will place the State in a very embarrassing posi tion. No warrants'or bonds can be sold, and there is a considerable defi ciency in the revenue. Without this it would have been a difficult problem to make both ends meet; mwr it is im possible. Taylor has alwarahad a re putation. as a financier ana a man of ' integrity. The school fund may lose $50,000. _ • . Starring and Striking. — Halifax, N. 8., .Tan. 10.—The mi ners at Spring Hill coal mines struck this mprning. Only meagre informa tion has been received here as yet, but it appears the trouble has been com ing between the miners and the man agers for some time over whether the work should be done in one long shift or turn short ones. Neither side would give way, and the strike resulted. The feeling is that the men, although they haw grievances, should not have struck at a time when work in their line iaso dull. Word from the ool- lienee last night waa to the effect that a wtttesMmt had been reached, but a hitch occurred this morning and the mac refused to go to work. gress. session. The great appropnatihBS re main to be acted upon—only one, and that the smallest, having yet passed the Sehate and the committee on rules is being daily beseiged by the friends of the Nicaragua Canal bill, the Pacif ic Railroad refunding bill,^ and other their consideration rilie rule grants ample time for the consideration of the bill under the five minute rule. Mr. Reed said the situation seemed to him to be an unfortunate one, in that probably nothing would save the bill, and the House was discussing the best method of getting rid of it. Mr. Reet suggested to Mr. Outhwaite that be fore bringing the resolution to a vote of the House, he consent to a modifi cation of its terms so as to permit a discussion first upon the most impor taut part of the bill. - . After further brief remarks by Outh waite, Bland and Beltzhoover, the for mer demanded the previous question on the passage of the resolution. Mr. Blartd: If the demand for the previous question is voted down, the resolution will be open to amendment? Speaker Crisp: If the question is re fused. - ’ . The vote uppn Outhwaite's demanc was ayes 92, noes 101. A'vote by yeas and nays was demanded by Mr. Outh waite and taken, resulting as follows . Yeas—Democrats—Abbot,Alderson Alexander, Allen, Bankhead-, Barnes Barwig, Breckner, Bell of Texas, Berry, Black, Boatner, Bower, Bretz, Brick- ner, Brookshire, Cabiniss, Cadmus, Caminetti, Cannon of California, Ca- t*uth, Catchings, CauseJ^vjClancy, Clarks of Alabama. Cobb of Alabama, Coombs, Cornish, Covert, Cox, y raw- ford, Culberson, Davey, DensoiyDins- more. Dockerry, Durborrow, English of California, Epes, Erdman, Fielder, Fithutn. Geary, Geissenliainer, Good night, Gf*dy, Gresham, Griffin of Michigan, Hall of Minnesota, Hall of Missouri, Hahunond, Haro, Harrison, Henderson of Nuyth Carolina, Hines, conditions, uespi the contrary of its advocates, and ex pressed his oelief that the pending bill would likewise prove a failure. Re ferring to the published reports that the executive uepartment of the gov ernment, in the person of the Secre tary of the Treasury, was using its power to influence votes in favor of the bill, Mr. Sibley said: “Mr. Chair man if 1 have read the Constitution of tho United States correctly it de fines the powers and duties of the Chief Executive and the powers and duties of the—memberskip of the House, and I.tell you that if ever a rebuke was,needed to one who has trampled down the prerogatives of the people il is to that man who has used his influence, or attempted to use it, to create in himself the sole yogrihig jMiwer of this nation. It Z as coiqe to a time when to be the governmewfc of. this ]>eople requires something mbrS than a combination of bruins, belly and brass.” (Somls- tion and applause.) Mr. Bildey continued, at some length, to assail the Administration for its attitude toward and action upon financial measures. The repeal of the jmrehasing dlau.se of the Sherman law m* asrt'rted had 1>pen secured use of iriiproper influences.by t to uie my oi ^narioue ror u^ as a gentleman that I am not talking today ‘T“^J “ith c public park such parte of the United n ^ n who believe m going to heft JmbJ Mates mint property m that city a* L handcart instead of to hraven ^ f, may bo unnecessary for the purpose for which it was purchased. “ VERY GRAVE FINANCIAL SITUATION. ’ Immediately after the defeat of the currency bill in the House today Mr. Voorhees, chairman of the Senate com mittee on finance, called the Demo cratic members together. The consul tation lasted for half an hour with the result that Mr. Voorhees will call a special meeting of the committee for tomorrow afternoon at {o’clock. This meeting is for the purpose, as Mr. Voorhes puts it, of conference, con sultation and such action as may be supported by truth. Let me tell him also that I am not addressing men who believe more in a bobtail flush than a contrite heart.” Recurring to the action of the Ad ministration, Mr. Sibley said that paraphrasing Junius, it could be said that the merits of an lAdministration might be judged by the condition of the people. “Look upon the condi tion of the people of this country,” he said, “and you can tell the merits of your administration.” Mr. Sibley declared that by the standards of the fathers he believed he. was a Demo- follow- totbfr South in the future: It is regarded as more than prob able that the next Republican nomin- nee for Vice President will be taken from the South. The returns of the last election have riven renewed hope to the Republican leaden of making serious inroads upon the Solid South. The policy of the party will be to fot ter whatever tendency exists in the South to cut away from the old Demo cratic alliances. T5 this end liberal iriations for that section will be y the next Rejmhttean House, a policy of conciliation will be systematically pursued. There will be no meanoe of a force bill held out, but everything will be done which indicates a dispoeition to build up the material interests of the South. *P and conclusion that the South once more offers an inviviting field for them. If they can only make a half-dosen States in that section debatable ground, the prospects of the party for supremacy are immeasurably improved. “After the bitter disappointment caused by the failure of the hopes and the apnarantly well-laid plans baaed upon the reconstruction legisla- e South was by tacit Consent S ven up to the Democrats. In all oir bedrock calculations from 1880 down, the Republicans, while some times making nominal claims for the sake of effect, have really never taken the South into consideration. The _ ea a _ thought best and agreed upon and is cral; he reverred Jefferson and Jack- *»lleu in view of the “very grave 11-1 son and worshipped at their shrine, nancial situation.” ^ I But if he was to ne carried in a oon- Unrier Negro Hal* Again, Raleigh, N. C., Jan. 10.—Two hours of the time of the House today was spent in listening to the Gover nor’s message, which contained about twenty-eight thousand words. The Populists and Republicans then intro- duced bills upeetting past Democratic legislation, chiefly in the election law and the county .government system now in operation. The Senatorial fight grows wanner if anything, and it is now thought that the field is combined against Jeter Pritchard, who is considered Butler's man, according to his alleged bargain with Congressman-elect Richmond Pearson before the election. Candi date Mott, who is considered by many probably the most sagacious of the candidates, says that the complexion of the fight may cliange when election time comes, and he said this with seeming sureness of effective opposi tion to develop against Pritchard. ^ . Only one copy of the Governor’s message was- prepared and it will, be read to the Senate to- This was criticised by some. ministration, and that if the padlocks] were taken off the mouths of -t Representatives four out of five would 1 confirm his statements. The question of the length of time he was to speak] having been reached, Mr. Sibley said] history of last November has wrought that^veryagei^of thebig Gold Trust marve n oua change. Next year, when .Hbqxflcen all hehsd-tosay the State elections roll around, the \V hen pressed by Mr. Outhwaite to Kepublicans will oome up all over the tell who put a padlock on South in compact and well-drilled or- ley s) lips he said: ‘Let me tell the | fhe n candidatee Will be core, and the party plat- artfully and skillfully constructed for home consumption. This is a matter which is engaging the earnest and constant attention here of the most trusted men at the head of Republican party affairs. “Local Republicans in the South have long lamented their inability to secure a patient hearing, or arouse any interest in their cause whan they come to Washington. This was not surprising, for, as a rule, they have not been of the type to inspire respect or confidence, ana what they hod to propose or suggest carried no once of substantial , change in the situation ^ change in pmpoaeandstimukted hoee for the future. The South will M , , „ , „ ., looked after as it never was before, veyance labelled, Democracy, guid- ^ outlines of the improved plan of ed by an obstinate driver oyer an un- known road, with precipices and summarised I/Mml ambitions and chasms yawning on all sides, he was local intera^* will be aroused, reputo- gomg to jump out; and he was not ble men on i y ^ be sought forto put particular about where he lit. (Laugh- on ^ tickets, and efforts steadily di- ter J ^ I reeled to still and allay local prejudices Mr. Pence, Populist, of Colorado, I apprehensions, asked unanimous consent that Mr. J turhe Democrats of the South must Sibley‘be permitted to conclude hisr up and^“ “ !J AV remarks; but Mr. Outhwaite objected. | severe Mr. Sibley’s thrust at the President seemed to hie enjoyed by quite a num ber of Representatives, and when he concluded there was a round of ap- this year. If the Repu’ local elections next year South can hold on to what tl lured this year, they will be fAA*vx a vrj/*«**«», * I 1H aXlV Nevada, came into the House and re- _v mained to hear him. desperate and continunous ill along the line for South- therefore, morrow. North C Holman^ Hutchekon, Izlar, Kilgore, Kyle, Lapham, \Lester, Liv ingston, Lockwood, 'Lynch, Maddox, Mallory, Martin, McCrekry, McCul loch, McDearmoii, McGaim, McCaig, McMillin, Merith. Meyer, MoiRgome- ry, Moses, O'Neill of Massac husqtts, Outhwaite, Page, Paschal, Pattersbu, Pearson, Pendleton of Texas, Pendle ton of West Virginia, Piggott, Rich ards, Richardson of Tennessee, Ritch ie, Robbins, Rusk, Russell of Georgia, Ryan, Sayers, Schennerhorn, Sipe, Sperry, Springer, Stallings, Stevens of Kentucky, Straus, Swanson, Talbott, Tate, Taylor of Indiana, Tracey, Tuck- One Republican member introducing his bill in the House called it a bill “to secure a free ballot and a fair count.”’ Another Republican called his a bill, “to find out whether the people of this State had a right to govern them selves. - ’ A motion to adopt the rules of the last Senate until new rules could be adopted was defeated, and the Senate proceeded to business without rules, although the Houxe adopted the old rules. This is understood to mean that a resolution will be passed taking the appointment of committees out of the hands of the President of the Sen ate. Senator Abell, Democrat, introduc ed a bill to make 6 per cent the legal rate of interest. Senator Mewborne, Populist, intro duced a bill to repeal the charter of the State Farmers Alliance and to re store the old chartern which was amended by the last General Assem bly. This bill was passed and sent to the House. Senators Aycock and Smith. Democrats, who held certifi cates of election in the 9th district and whose seats were contested by Grant and IJaddison, Fusipnists, were not resent, and the latter were declared be the duly elected ^Senators and seated without opposition. v '~4r - <f ItoltaYMt to he Kn Klux. Atlanta, Jan. 10.—Fiv§i of the Couuterfeltera Jailed. Brunswick, Ga., Jan. 10.—The ar rest of P. H. Allsboro, reported brief ly in these dispatches last night, has developed into one of the largest sized sensations of the new year and em braces several States and many peo ple, besides bidding fair to implicate a governmental official in a neighbor ing State. Allsbrook is the king bee of ,a gang of dangerous counterfeiters, event, e a ‘ struggle all „ em electoral votes in 1895. An im portant moans undoubtedly for the accomplishment of this end will be the nomination of a Southern man for Vice President. The Southern horiaon will be cloaely scanned for a Republi can star of the first magnitude, and little, if any, doubt exists that he will be discovered. . “It is npt doubted he might be dis covered in Maryland, where there are itepubl gailir Wi uiuiifcrvniB vamutcricticrB, I f,, ■ . t • 1 who have been floodingthe Carolina*, » many Republicans of Terinessee, Georgia and other South- character s^abmty; but Mary em States with spurious money for a probably be eliminated^ fay* the long time ijast. 8 ’Thr^^^rm^big I range of choice, “^J^wSbv^- game and coined only gold metal, I* to be a^pted almort py«>ra considering silver too small to bother mon consent that in ^ ? with. In addition, his gang made ex-1 Southern States a P cellent counterfeit bills,ancf there was £hara^te r and position is a rare ayra little trouble in passing them, so per-1 T* ia ;o “* ve feet was their work. The sec/Vt ser- “ vive division of the Treasury Depart ment has beentm his track for months. It is believed that a government offi cial some distance from this city ia best known citizens of Murray county Indiana, Tracey, Tuck- have been indicated by the United er Turner of Georgia, Tyler, Warner, j States jury here for murder and con- Washington, Weadock, Wells, Wheel- j spiracy. The men indicated are John er of Alabama, Williams of Illinois, Edmondson, Tom Wright, and ex- Williams of Mississippi, Wilson of United States deputy marshal; W. A. West, Virginia, Wise, Wolverton, Hannah,_George Terry and Merrill Woodward—123. Republican—M. C. Henry—1—124. Nays—Democrat*: Arnold, Bailey, Beltzhoover, Bland, Bryan, Capehart, Clark of Missouri, Coffeen, Conn, Wood. These parties are all believed to be members of the Ku Klux band. Judge John Edmandson owns 3,000 acres of fine land ill Murray county and is one of the leading citizens tv i* inspected of being a confederate. AIls- brooks also had confederates in Bruns wick aiid more arrests will be made in Brunswick tomorrow morning, in cluding both white and colored peo ple. Allsbrook was trapped by a de coy notice from Postftiaster Brown that a registered letter awaited him. Brown luul been put on the watch by Inspector Forsythe of- Atlanta, ana when Ansbroolc responded he was-ar- rested. His commitment trial for the passage of counterfeit coin and bills in Brunswick will be held before Commissioner ’Lehman tomorrow. Allsbrook is modest and retiring in disposition and worked in Brunswick under the guise of a laborer at Brown & Garber’s plaining mill. Inspector Forsythe arrived this morning and regards the catch one of th&^biggest of his experience. Carltal« Not Hopai—. • Washington, Jan. 10.—The admin istration is reported not to have loot all hope of the passage of a financial measure by the House. Secretary Carlisle is considering today the sub stitute bill which has been before the House, with the view of such particulars as may case in the post It in very doubtful whether toe proposition is tenable now or baa been in recent periods. “It has long been contended by toe r shrewdest politicians of both parties that the enormous preponderance of the party in toe South would learen inevitably with the diminiahing tigni- ficance of the race Question. ]Wheth- er so or not, Republican policy will proceed on this nne. No distrust is felt as to the right man being found, if, os now believed, party interest de mands him when the moment for act ion arrives. It was affirmed with much confidence today that the names of eight Or ten men could be i wmo mentioned each of whom would am- before ply meet all the requirements of the situation. More will come to the front in due time. -These new moves on the political chessboard will add gathering interest to the preliminaries os well as the active operations fit the next Pesadeutial campaign. t An Editor In Charlotte, N. C m Jan. 10.—A spe cial to the Observer from Rutherford- ton, N. C., says that Editor D. J. Car ter, of the Herald of that place, arrested this morning, charged arrested this morning, charged with throwing rocks last night through the windows, of toe office of the Bather- ford ton Democrat. Witnesses who heard the crashing of the gioa swore toot they saw toe prisoner and identi fied him as toe offender^ -Oerter terii- fled that he »w a man throwing h the windows of the Democrat office and threw a rock at this many ne at this juncture the witnem "non him and he woe too to explain. IndrfoaH of. mending it iy result in Cooperof Texas, Dearmoud, Edmunds, -of his section of thp State. Haines, Harris, Hunter, Magner, McRae, Money. Moore, Morgan, Neill, Ogden, Rich ardson of Michigan, Robertson of Ellis of Kentuck Hatch, Hooker „ Ikirt, Jones, Latimer, McEttrisk, McLaurin. cxy, names, of Miariasipps, [timer, Little, 1 Hq gave a $5,000 bond and went back home. Edmondson is said to be the leader of the band. He and Hannah came to Atlanta and gave themselves up. Deputy marshals are hunting for the others. securing for the new bill toe support of some of those who have antogo- | nized ft. It is said this morning that the President is willing po. make any | concession to the opponents to the | bill that will not impair it* general | features or that will not be regarded as a clear surrender to toe free silver men. ryRWjv.v.o'JK*. v .