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The Horry Herald, Published Every Thursday. E. NORTON, Editor J. T MAYERS, Gon'l. Manager. OOtf WAYfS. C., MARCH 2, 1893. T Kit MS: One Year " $1.50 Six Months 1.00 Three Month* 50 HATES OF ADVERTISING. Transient Advertisements $1.00 pel square. Eight lines ol tills size type make one square. No advertisement counted less than a square. Advertising lines in local column l?i cents per line. Advertisements of Judge of Probate, Clerk and Sheriff at the rates allowed by law. Liberal contracts will, he made with those wishing to advertise for three, six or twelve months, Marriage and death notices free. fNion leurrs on curroni topics arc cordially Invited. Correspondents may use any signature but true name of writer must accompany all communications. Articles to secure Insertion must be sent in by Monday, previous to day of publication. All communications on business, or re mittances should be directed to business manager. All communications for publication should be directed to the editor. REFUNDMENT DECISIONS. <? ciiucr .irsTicK M'lvnirs MASTK1CLY OPINION. lie Argues SIrongjy that C0111niis*ions Should Not l?c A! lowed the Itond Purchasers Opinion ol the Associate .1 tiMt ices. Tito opinions of tlie Justices in the case devised by the Administra tion to tost tho legality of paying n commission to the purchasers of the refundment bonds, wore tiled in the Supreme Court yesterday. It will )\A t hat I t ha. ? > .-.! I r..Afi rMt U?* 1 VII1VJI1I VIC 1 CU I I I?I l> tuo jll3llUOC5j U,J the hearing of the caso announced their decisions verbally, Associute McGownn giving an assenting opinion of the legality, which was con; curred in by Associate Justice Hope; Chief Justice Mclvcr announcing that he would dissent. The case is that of John Gary Evans vs. lb H Tillman, Governor, and W. T. C. Hates, Treasurer. The filing of these opinions have been anxiously looked forward to. Justico Mel ver's opinion is considered by those who have seen it as a legal masterpiece. CHIEF .lUtU'lCK MOIV KH'S OI'INION. Chief Justice Mcl ver's opinion is as follows: This is an application addressed to this court in the exor cise of its original jurisdiction insti tuted by the plaintiff as a citi/.en and tax payer of this State, to injoin the defeiftlant from executing a con tract (a copy of which accompanies the proceedings) for the sale} of the bonds authorized to be issued by an act of the General Assembly of the said State of South Carolina entitled "An act to provide for the redemption of the State debt known as the Brown Consol Bonds and Stocks by issue of other bonds and stocks" up proved tlie 22nd day of December A. I), 1892. The ground upon which the application is based is that by the express terms of the sixth section of said act the defendants are authorized and instructed to sell the issue of bonds herein provided for at not less than par or face value," and the plaintiff claims that by the terms of ' the contract in question the said bonds will be sold at less than their par or face value, and hence said contract is without authority of law, and the restraining order of this court is asked for to prevent such an alleged unauthorized sale of said bonds. So that the question presented for the decision of this court is whether the terms of sale provided for in said contract are within or in excess of those authorized and required by the provision of the act above mentioned. The sixth section of that act reads as follows: ''The Governor and State Treasurer are hereby authorized and instructed to sell the issue of bonds herein provided for at not less than par or face value, and tho proceeds thereof shall bo applied to the payment of the consolidated bonds and certificates of stock commonly called t1 ?> - -1 *l\.jw ii uiiu iu no oiner purposeThis provision, it seems to ine, plainly foybids the sale of the new four and u half per cents, authorized to bo issued under the act at less than "par or face value," and the incpiiry is narrowed down to the question whether the said contract provides for a sale at less than "par or face value*' The contract purnoses to be an agreement between Ii. K. Tillman as Governor, and W. T. 0. Bates as Treasurer of the State of South Carolina, who are designated as parties of the first part, and the Baltimore Trust and Guarantee Company of Baltimore, who designated as the party of the second part, for the sale by the parties of the first part to v the party of the second part, of ?2,000,000 of the bonds and stocks bearing interest at the rate of 4 J per cent, per annum, authorized to be issued by the act above referred to, "upon the following terms and con ditions, that is to say; The said bonds and stocks so purchased shall bear date 1st January, 1893, payable semi annually;?they shall he sold by / ' tho parties of the first part and pur chased by the party of the second part at par Hat; that is, nothing additional shall be paid for any inter ; est which may have accrued. at the time after the delivery; the purchase money of said bonds and slocks shall m due and payable, $100,000 thereof I upon the execution of this contract' and thbSremainder on or before the 10th day of June, I8!)d, in such stuns and at such times as to the party of the second part may be' ' most convenient; and the said bonds | and stock shall be delivered by the! parties of tho first pari to the party ] j of the second part upon the payment' I of the balance of DO per cent, due thereon, the said sum <>f $ 1(H),000 j 1 being held and taken, to be 5 percent, i upon the whole purchase of $2,000,- i ' I ( )()(t 11V ii f it ff liAv iiiMiiuinn in i... I -- , .. .... ...v. ( contract, the partv o' the second part secures an option upon all the re , mainiler of the bonds and stock which the Governor and State Trea" Siner are authorized to sell under said act, said remainder of snoh bonds and stock being understood to be $3, 800,000, until tho lirst of April, 1803, upon similar terms. The lirst inquiry is as to the mean ing of the terms "par or face value" as used in the sixth section above quoted. I cannot doubt that the word "par" and the words "face *aluo" as there used, are convertible terms, and mean one and the ; same tiling. The manner in which they are connected, and t ho original and natural signification of those ] words, are quite sufficient to show this. What then is the legal inter ! prgtution to put upon tho word "par?" 1 In 17 Am. and Eng. Kncyc, of Law ' 311, I find the following stated upon 1 the authority of Bond Law Diction- \ ary: "far?equal. The word is 1 used to denote a state of equality or { equal value. Bills of exchange and \ 8b cks and tho like are at par when 1 they sell for their nominal value; 1 above par or below par when they ' Sell for nmrn or lnQ? ' I mlm- ilm de(init:on which has not only tho i support of high legal authority, but t is in accordance with the natural < moaning of the word, what is the par 11 or faco value of a bond which has i been beating interest at a given rate 1 for some time prior to the site there- I vify Sure it is not merely the prin n cipal sum originally due, but it is t that sum with the accrued interest t added, for that is what tho bonds call j for?that is the sum named mi the o bond?that is its nominal value. This view is not without the support , of authority elsewhere, though so far | as I am informed we have no author- j ity upon the point in this State. In ?< the great States of New York and r Pennsylvania these terms have been t defined in accordance with the view c which I have adopted I hdalield vs. a the State of Illinois, 2. llill (N V). j, 150, was a care in which the court was called upon to construe the v meaning of the words ''par value1' in s a statute requiring State bonds to he ,| sold at less than their par value, and | it was held that par value meant tin* v amount duo on the bonds at the time t of the sale. At page 172 Hrunson (, .1. in delivering the opinion of the | court, after saying that the question | was not as to the "par of the Kx | change,v used these words: It is a question of par ralue, and if that y docs not mean in this case a dollar in t money for every dollar of security ., the wit of a man cannot tell us what, . it does mean." Again, on same page tl he says. "The par value of a bond j is the sum due on it and not the sum t] originally secured by it." The case \ scents to have been very much like ; the one under consideration, for the ( objection there, as here, was that the v bonds were chi interest long before the money was to be paid, and a , statement to this effect was followed , by the remark last quoted. See also H the same case more fully reported c in 20, Wend 102, where Senator Yer- t planck in delivering his opinion used this language: " The par value would ( in the common language of the ( stock market as well as the natural g interpretation of the phrase indepen- g dently of usage be the amount due \ on the face of tho certificate. Hut ( the actual sale is made on terms t which, 011 the $300,000 sale gives , the appellant an advantage at 103 ( days interest and 011 the ?283,000 ] of above ten month. 1 cannot upon ' any understanding of the words con- i aider this a sale at par value, any ( more than if it had been an undis- , guised discount at the same rate. To ( the same Oifect see 1 logg, appeal 22 1 Penn. State Reports 479, where it is | said by Lowin, at p. 488-9: "Par t ? moans the amount usually due in- \ eluding interest.'' I find it altogeth* , er impossible to distinguish the case j present uuucr consiuerauon irom } the Now York case above cited; for | here, as there, the purchaser acquires | the advantage of whatever interest , may accrue upon tho"bonds purchas- , ed from the 1st day. of January, . 1803, up to the time of the delivery | of the bonds, reduced, of course, by | the cash payment made at the time ( of the execution of the contract; ( and this, it seems to me, is practically the same as if the bonds were purchased at "an .undisguised dis- ( (^ount at the same rate." I Jt is earnestly urged, however, i that while this may be true,yet them | q r/\ s\i Imp % ? ?? * 1- * 4 _ i ' I i ?%?V V/VI1V1 |?iu*i^iuiifj 111 ( IIL* HUt WIllCIl 1 not only warrant but require a differ < ent construction to bo put upon tho 1 words "par or face value," us used ( in the sixth section of the act. 1 I fully assent to the proposition that I I in construing an act of tho Legisla- i ture its several parts must be con I 8trued together, so as, if practicable, I to arrive at the true intent and mean i ing of the Legislature?that is to say, i if in one section of an act a certain j intent s^ems to be apparent, yet if 1 upon examination of other sections t of ilu? same ac% such Mi) intent is shown to be inconsistent with the general scheme as developed bv such other sections, then the construction of the section musf, if practicable, be made to conform to such general intent. Hut i uui unable to sen th.it the other provision of the act relied upon for the purpose to rellect any light upon the construction which should be given to section 0 of the net for holding any sale of the bonds at loss than their pur face value, or that the other provisions require or ever warrant a construction different from that which 1 have adopted, j The provisions relied upon are I found in sections 8, 0, 13 and 15. The provisions of section 8 nre as follows: That the State Treasurer bo, and h3 is hereby, authoii/0o and required to receive from the pur chasers ?>f the new per cent, bonds j who may surrender before tlie first day of July, 181)3, all coupon bonds ami all certificates of stock, common, ly known as 'Brown Consols' tendered by them and shall thereupon, in exchange for, and in lieu of said bonds and certificates of stock so surrendered, issue to said holders other coupon bonds and certificates of stock of equal face value with those so si rrendered, and of the kind, class and description the issues of which is provided for in this act. Or the State Treasurer may issue to such holders as may require it ail bonds or all S'ock or part bonds and part stock of 8ai 1 authorized issue in making such exchange; and further, at the time of such surrender Mid exchange the said .State Treasurer shall pay to the holder of such bonds and certificates of stock (r e) the purchasers of the new 11 per 2oiit. bonds, in cash, the difference n the interest from the dale of exchange, or from the last interest peroil lo wit: January 1893 up to and nclmling the maturity of such bonds mil stock f I hat is to say one and one* lalf per cent, per ar.num interest.'' Now as the manifest object of the let was to provide for the re*liming ho old 'brown consols bearing inter st at the rate of 0 per cent, per tunum, and maturinc on tho 1st (lav >f .Inly, I8'.)d, by issuing now bonds tearing a less rut<s of interest, the jcgislaturo evidently contemplated ind provided for two modes of effecing tfiat object. First, by selling ho new bonds, and npplying the irocecds ot 11)9 sitlo to the payment if the old bonds. Second. My an exchange of the lew bonds for tlio old, either or 10th of which modes bo adopted, bit, as the holders of tlio old bonds 1 (7T cipial face value" bearing a less ate of interest, it seems to me clear 1 hat the sole object of the provisions ontaincd in the 8th section of the 1 ct was to provide for the difference 1 n I lie rate of interest and cannot lie egarded us rellecting any light 1 rliutover upon the provisions of the 1 ixth section which contemplated a ' lilTerent mode of retiring the old ! londs to which the provisions of the 1 :glith section can have no applica- ' ion?certainly have the effect of nullifying the express inandato con < allied in section G, that the new 1 ioikIsshall not bo sold at less than ] nil- or face value. The utmost that an be said as to the effect of the 1 irovisions contained in section 8 is < hat purchasers of 4ho new bonds I I I i i - ' ,ii; * in*ri'uv iiumori/ien 10 pay 1110 ] mrchase money of the now bonds in I Id bonds of equal face value and at i lie sumo time receive in cash the lifforenco in the interest. Ilut this s a very different thing from authoring the sale of new bonds at less ban par which, as has been shown, vouId he the effect of the terms of i grecment to sell. In section 0 the ninimttm amount of the purchase < lionoy is fixed at par, and at most cot ion 8 only provides how the purdiase money may be paid, without in he least affecting the amount thereof. Section b of tiio act after proviling for the keeping of a correct ogistry of the lionds that may he lold, and that proceeds of such sale diall bo kept as a seperate fund to io used exclusively for the final relemption of such of the old bonds is shall not be exchanged for the lew issue contemplated by the act, concludes in these words "Provided, however, the CiovertiOr and the State l'reasnrer, if in their judgement it s best so to do, shall have authority ,o exchange in whole or in part, the ie\v 11 percent, bonds for Brown Jonsols, upon such terms as may >est subserve the public welfare.' Prom this it is argued that the n ention of the Legislature was to nvest the Governor and State Treasurer with the widest discretion, bin ted only by what they might regard is oest calculated to subserve t-iie public welfare; While this may possibly be true jo far as the 7u(nf/e of the bonds is concerned jven though other portions of the ice seem to limit their discretion in this respect, yet. it certainly cannot bo true that the Legislature inton led to invest these officers with any such discretion as to the amounts for which they might sell the new bonds, for the Legislature in section 0 not only authorizes but instructs I tho Governor and State Treasurer to j soil the new bonds "at not less than par cr face uulue." The fact, if it be a fact, that tho Legislature inton led to invest these officers with the largest discretion in effecting t.se lesired ohieet ot retirincr th? <?!<! I bonds in one of the modes eon t enisled, onIcl not necessarily imply in intention to confer a like discreion in attaining the end desired by lie othor mode contemplated, even n the absence of an express declarition to the contrary, lint where, is fn this case, there is an express imitation of their discretion in unking a sale of bonds, | do not see V X how there can ho a <loubt upon tho subject. 1 cannot think, therefore, ; that the provisions of the 9t'i sect J tion can have any effect in <|iutlifving the exptess provisions of seoti< n six of the act. Suction l.'J of the act r?ads as f<>l lows? "That the Governor hiuI State Treasurer am hereby author ized in their d:scretion to perform all ami singular every act necessary to carry out the provisions of this act not herein specifically given and which lire not inconsistent .with the provisions thereof; ami in order to have the said bonds and stock promptly placed the Governor and State Tfeusurer are hereby authorized to offer and pay a commission to parties placing said bonds and stock; and the funds belonging to the sinking faml are hereby appropriated to pay suuii commission, it so much ho necessary; provided however, that they shall have said bonds and stocks placed without paying a commission if practicable." It is very clear that the discretion with which the (Jovernor and State Treasurer are invested by the first branch of this seotion, to do any act necessary to carry out the provisions of the act, cannot have the effect of investing those officers with authority to sell the honds at less than par, for such discretion if expressly limited to such acts, as ' are not inconsistent with the provisions hereof," and to sell the bonds at less than par would be not only inconsistent with, but in direct violation of the provisions of section 0 of this act* It is argued, however, that the provision contained in the latter part of the section, to pay a commission without limit to amount 'to parties placing said bonds and stock,' authorizes the payment of the bonds which under the terms of the contract in question, the purchasers are to receive, in the shape of ihe inter est on the bonds purchased from the first of January 18113, to the time of delivery, as.practically commmissions for placing said bonds and stock' Without stopping to inquire whether the amount of the commissions authorized to be paid is not, in fact, limited by the amount of the fund appropriated for the purpose, or whether the amount of that fund is or is not sufficient to pay the bonds which the purchasers are to receive, which under the view I take, is not material, I do not think that the provisions of this section authorize the payment of any commissions to the purchaser of the hondsj though they do authorize the payment of commissions to an agent who may he employed for the purpose of placing, as it is technically called, the , bonds and stock issued under tho j Authority of this act. The relations . of an agent to the State by whom i he is employed to sell or negotiate ; Lho sale of its bonds or to exchange i i new issue of bonds for old bonds ire so wholly different from those of t purchaser of such bonds that the two positions should not be confoun , iled. The interest as well as the duty L)f an agent employed to sell the bonds upon a commission of a given per cent, on the price of the bonds, | would require him to sell upon the i best terms possible, while the inter ; 38i of a purchaser would prompt; him to obtain the bonds at the lowest | price possible- I cannot think, therefore, that the Legislature ever intended that a commission should be paid to the purchaser of the bonds who would very naturally endeavor to obtain them at the very lowest possible price, but tlmt the language used in the section plainly indicates an intention to authorize the pay mum, ui commissions 10 some agent employed to place the bonds, (by which I understand to sell or negotiate the sale of the now bonus or the exchange of the new bond for the old) who would be prompted by both duty and interest to obtain tho best terms for the State practicable. This view is supported bv high authority: Appeal of Whelon, 108, Ponn., St. 102. It appears in that case that tho Legislature of Pennsylvania had passed an act authorizing certain municipalities, amongst which was the city of Pittsburg, to issue municipal bonds which should be sold at not loss than par; and provided that the municipal authorities might allow a reasonable compensation for the sale or negotiation of said bonds' The authorities of Pittstuirg entered in'o-ui agreement for the sale of its bonds at par, bnt with an allowance to the purchaser of 1 per cent, by way of commissions and the court held that true intent of the act was that while compensation in the form of commissions could he paid to an agent employed by the city to effect, a sale or ex charge of the bonds, the act did not authorize the payment of any com missions to a purchaser who bought the bonds direct from tho city ant hoi it ios; and Mercur, 0. I., in de uvoring tne opinion or the court, said, in substance, that the contract to allow.the purchaser!! a commission of 1 per cent, upon all bonds purchased or exchanged by them, was practically an agreement to sell thu bonds nt less than par, and was therefore, without authority. One of the reasons given in the opinion why a purchaser cannot be regarded as an agent employed to make the sale, is because his interest as purchaser would conllict with his duty as agent. As the Chief Justice in that case says: "The relation be twecn agent and principal is so essentially different from that which exists between vendue and vendor that it is usoless to further elaborate the distinction." It seems to me clear that the advantage jillowed to the purchasers in the way of accrued interost, by the terms of the contract / ; in question, cannot be j stifled > an allowance, practically, of con; missions. It only remains to 'consider th< provisions of the fifteenth section o the act, which in the words: l,Thu the holders of the South Carolina/ per cont, bonds issued for the re demotion of the Brown Consols shall have the right to surrender tin said 4 percent, bonds to the Stat* treasurer, and to receive in exchang* then* for Brown 41 per cent, bond; of equal face value, as provided ii this act.1' It seems, as I understan I it, that a comparatively small amount j of tho State debt, known as the Brown Consols, had been refunded ; tn 4 per cent. bonds issued undei j the act of 1889, as amended by t in act of 1890, and the sole object ol this section. JIS it nnnAura to nn? wm / "I I ' i to place the holders of these 4 pel I cent, bonds, us an act of simple jus tieo to them, upon the same footing as (he holders of the new 41 per com bonds issued under the provisions of the act of 1892. At all events 1 am unable to perceive what light the provisions of this section throw upon the question under consideration, j 1 am, therefore unable to per j ceive how tbo provisions of section ; G of the act under consideration are either modified or qualified by any, 'or till of the other sections of the | act considered together, and believ ing us I do that the contract in question provides for a sale of the bonds at less than par, 1 am forced to conclude that such contract is without authority. Kor these tea. sons I am compelled with great deference to dissent from the conclusion reached by a majority of the Cou it. I'll K ASSENTINU OPINION. Justice McGowan's opinon, in which ?Justice Pope concurs is as follows: This was a sworn petition tiled in the original jurisdiction of the court by John Gary Evans, stating that he isacitzen and tax payer of the State of South Carolina, and tljat IC II. Tillman Governor, and Win. T. (!. Hates, Treasurer of said Suite respectively : 2. Tlmt tli.? Inoi 'i? ~ . W IIIDU 00031'MI Ul, LlltJ Legislature of said State an act was passed entitled "An act to provide for the redemption of that part of the State debt, known as the Brown consul bonds and stocks by the issue of other bonds ami stocks. That among other and vaiious previsions, section G of said act reads ns follows:. "That the Governor and State Treasurer are hereby authorized and'instructed, to sell the issue of bonds herein provided for at not less than par or face value, and the proceeds thereof shall bo applied to the payment of the consolidated bonds and certificates of stock, commonly called Brown consols, and to no other purpose.'' TICK I'ETI NON FOR I N.I UNCTION. 3. That your petitioner has been informed by the Governor and Treasurer uforsaid, and lie believes the same to bo true, that they have entered into or they are about to enter into, a eon tract with parties unknown to petitioner, which con tains among other stipulations the following, to wit: "The said bonds and stocks so purchased shall hear date January 1st, 181)3, and shall carry interest from January l*t, 181)11, payable semi-annually. They shall bo sold by the parties of the llrst part and purchased by the parties of the second part at par flat, that is to say nothing additional shall be paid for any interest which may have at the time of delivery," &c., (see report of contract in the record.) 4. That petitioner is informed that said contract is with authority of lew as provided in the act aforesaid in that the Governor and Treasurer are not authorized under the terms of said act, permitting said bonds to he sold at par or face val-j lie, to sell the same for less than principal and accrued interest* Wherefore petitioner prays that a writ of the court do issue, requir ingthe said 11. It. Tillman, Governor, and W. T. C. Hates, Treasurer, as aforesaid, to appear and show cause why they should not be perpetually enjoined, etc. The parties were summoned before the court and made return, admitting the material facts, but demurring that the allegations were not sufficient to authorize the court to grant the injunction prayed for: The State in her sovereign capacity is not complaining, but a taxpayer, who alleges that the aforesaid agents of the State are about to exceed the power granted to them by the act refercd to, K(1 nt.hpl- nnint WflB onrrrrnof" ? wv..v? v ?f i?w wu66vovuu 1/1 argued. When an agency :8 created by the written instrument, and grows wholly out of it, the nature and extent of the authority must be as oertained from the instrument itself. Here the principal is the State of South Carolina, and the act of Legislature is, as it were, the power of the attorney. In giving interpretation to the refunding act, consisting as it does of many various pro visions in the same act and upon the same general subject, they must all a8 far as practically, be construed together in order to ascertain the intention, which must control. In his interpretation of statutes tection i 25 Mr. Enlich, says: "That it is I an elementary rule, that construction is to !>c made of all the parts together, and not of one part only by itself. A survoy of the entire statute is almost always indisponsible, even when the words are the plainest, for the true meaning of every passage i? that which as best harmonizes with the subject and with every other i s passage of the act,' &c. In the effort to reach the true construction of the refunding act. tho date is not without significance, f It was ratified and became a law on i Dec. 22, 1892, only ten days btifore I Jan, 1, 1893. At that time it could . not be foresee i when ti e n demp , tioil could tie effected. It tniglif t be immediately, and in that case i there would be no intere-1, as the i bonds, by the act itself, were to bear i interest only from .tluir issue, i This was the situation when the I net passed, containing the words ' face value ' of the bonds, and the i J question now is, what the frumors of [ the act intended by the expression. As 1 understand i\ that question, in > fairness, must be determined, not b} F construct ions which may have been i given elsewhore and under different circumstances, but by the redenip tion net itself, which, considered as . ~ i , II w llVlVj IS II WW Ul 1116 Cft?C. J 11 us considered, it in suggested with genu' confidence that the expression 44fuce i to value' was used irv this act to ex press the idea of denomination, the amount, printed 011 the face of the bonds referred to. The precise expression "face value" occurs five times in the act?twice in sec. 1, ? and in sees. 0, 8. and 15: (1) in the i Continued on local jntf/c. 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M y son used it one year, and is now the stoutest child 1 have, with many lhauks, I remain yours, f&SB&v- 11 A tateCsnesi*, Fa., Dec. ? i ] I have not had one of my had spells since I B commenced taking your medicine, six months ago. THURSY ELMORE. I $0^" * * Plttl.adklfhia, Pa., Jan. 9, 1809. , I personally know of two cases of J/Xttp B where the patient had given up all hope, that B were cured by this remedy. 1 C. A. WOOD, Treasurer American Publishing House. IVE KNOW our remedy CURES the B WORST ('A8KS. '1 hat you may try It, B without fx/iciixe, we will send you One B Mottle f'Vcc. All charges prepaid by us. M Give Age, Post-Office and State. Address Hull Chemical Co*, - . WORK FOR US a few days, and you will !>o startled at the unexpected success that will reward your ofl'orts. We positively have the best business to oflcr an agent that can be found on the face of this earth. Wl.VOO profit on S7BOO worth <>f business is being easily and honorably made by utiil paid to hundreds of men, women, boys, and girls in our employ. You can make money faster at work for ostium you have any bleu of. The business it so ea sy to [earn, and instructions so simple and plain, that all succeed from the start. Those who take hold of the business reap the advantage that arises from the sound reputation of one of the oldest, taost successful, anu largest publishing houses in America. Secure for vourselradjp profits that the business so readily tindliundsoii^lv yields. All beginners succeed grandly, and more than realize their greatest expectations. Those who tr\ it find exactly as we tell them. There is plenty of room for a few more workers, and we urge them to begin at once. If you are already employed, but have a few spare moments, and wish * to u-e them to advantage, then write us at once (for this (s vour grand opportunity!, and receivo full particular- by return mall. Address, ' Ki t-; X" CO., liox No. 400, Augusta, Me. FAVORITE 1 W* PAT Illtfl f If flWTll raM?uT. omuMi Drop Loaf,Fancy Cover, Largt* Drawers Nickol Rings, Tucker, Huffier, Binder Four Widths of Zlemmors. HIGH ARM MACHINE HAS A SELF-SETTING NEEDLE, AND SELF-THREADING SHUTTLE. Sent on trial Delivered in your home free of freight charges. Ituy only of Manufacturers. Save Canvassers' Commissions. GET NEW MACHINES. Send for a Machine with iame of a business man as reference, and we tvill ship a trial Machine at once. Address for Circulars and Testimonials. jO-Opef&fciVe Vetoing Machine Go. ?69 H. lltli .St.. I'liilndolpbla, Pa. ' BUV T : XlGHTlViH^IHG W?0?K,W ' THE BEST IS THE CHEAPEST. 8end TEN cents to 28 Union 8q.t N. Y.( for our prlie game, "Blind Luok," and win a New Home 8ewlng Machine. Tl M 11 f> '77 ' I i "i n i no wow nome dewing wacninooo, ORANGE, MASS. ^ 28 UNION SQUARE,NY. ^ fcStC^Cq ^M^.AT^^r +*[W * ILL. aOj1 ? * <r.iou\?^ FOR SALE BY BUR) GHS& COLLINS, Conway, 8. C. Am *JK>A mom 'X?Mp?ojti TOfi 'mtsnBrrana "03 V NNI1W aaojppy Bmnoui x|? Wll *?9J ? OO'RgVuooM ni moq?* oq pmoqt ti*m noJJlIloi?n OM -poiwiTOHl ilPlpao[<l? TU9* oq) u| JOdsd opnuoiofl Aa? jo uouvpwij isosnrj ttOWttlf oqi nj nftntqo jo ?ojj no ai9 eonon w Aq opqnd oq? ojo;oq iqKmuq 8( an Aq jno ueqv? quapM Xjoah o.v|1,mu y u| Ku|in3M joi nwoanq ja?PlO MHOA Man 'AVAvavouH IOC OO * NNrtW tn o?ijm qooqpuvQ oojj puv aoftvuijojai jog , o?? 'SXHOIMAdOO ^ sxNixvd Noisaa 'wmvw aavux nf I ' xv1av^wls*JLI IIFE,LIVER and ELID3STEY#. euros Kvsci'.i'sn, LIVER and KIDNEY Troubles whon all olsofalls. I 9Bc, SO?, Rl.no. LIFE MEDICINE COMPANY, ??? SpnrtnnburK. 6. C.