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.

ALUM DEPARTMENT. F. Nl&BET lH'itor. Lancaster O. H. Alliance will meet next Sat. 25th inet. at 3 o'clock, p. m. E. Eyeball, Sec. Those who purchased their cotton ties through the Alliance , exchange will ho glad to learn ; that they are here ami we would < he glad for all to come and get i them at an early day. J Cotton is gradually going down while other commoditio> are ad ! vanning. This should he a warn : ing to us to see to it that we are ( thoroughly organize i. We know 1 that tie* crop m much shorter than 1 was expected. L'*t u> investigate |' and il possible iind t*. cause.: J i !.et iis try to !u 1; <\\v Stateh exchange in every way pns>ible. When you need ; nything in the way of machinery, wagonpe. buggies. rane mills. plows and. in fact, almost anything let us know ami we can save you money. The Washington l'ost argues rightly ami convincingly concern ing the ability of Mexico umler the silver standard to huihl up her industries and become more prosperous than ever by maintaining that standard. It is regret able indeed that the editor who wrote that article cannot see that I ho Cnited States would enjoy the same benefits in a large do irroe if free coinage of both gold and silver prevailed in this conn try. We would iike to ask some of , the international bimetalists it', as they contend, wo must secure the assent of the :.ations of the world to enjoy t advantages of free silver eninago and a larger ' circulation, why the same contention would not hold good in re gard to the tariff? The Dingley hill strikes a blow at every nation with which we trade. Why enjoy the benefits of protection if it hurts foreign nations. It is poppycock to say that we are big JIIIil ctr/?n?r r\ Lairiclofo I ?\ /I /-? -1 iv;^ioiuir IH^AVJJIUIIU- | ently on 1 he; tarilF. which virtjial Iv afleets tti?? trade of all nations, but that wo are too small and , weak to establish an independent financial system which is de ( manded bv the t."ot>1c. ! i1 More Money. Higher Trices. i lie uu in ul a ted demands of the j 'armors' Alliance embrace the . . . -ii nee ami 11 ni 1 tilir < 1 coinage ol i \er ;?n< I gold ;i t I lit legal ratio ' J<> to I. an increase of tii" cir nl i(iiiir mciiium.aiso a graduated i income tav. aixl llial our nafiouai legislation lie so framed as not to i'uiM up one industry at tin* oxpens" of another." Wo had free and uiilimit??? 1 coinage of silver in i flic I nitial States from 1TU2 to 18113. J lie commercial ratio of fcllVor to iioid during this period! was never aliovc 1 * to 1 and only | reached 1?'? to 1 twice, viz: Inj the years 1 HI2-13,during the war I with flrcat Britian. After the Act of 1S7;{ denying to silver free ' coinage its ratio declined to 32 to 1 in 20 years. 'I lie Secretary of ^ the Treasury of the Tinted States aided in depreciating silver hy giving gold options to creditors, I thereby virtually demonetizing < silver. The adoption of the gold ( standard by commercial nations (including the I'nited States) reduces the volume of money of final account in the world onehalf. In his hook on political economy Mills says : "That an increase i 11 the quantity of money raises prices and that diminualion louvers them is the most elementary proposition in the theory of currency." lie says, "other things being equal an increase in money in circulation raises prices and diminuation lowers?If the whole money in circulation he doubled,prices would be doubled." I'nited Stales Circular, No. 23, of duly, 1*06, informs us that "the amount of coined gold in existence at that time was $4,Od8,SOO, 1100 and the amount ot coined sil ver $4,070,500,000. ull other money redeemable in gold and liver coin." Practically all other money.including silver.i< redeem ihio in gold coin alone. Thus velucing the money of linal redemp ion one-hall and therein relucing the prices of labor products >ne half. The average value of in acre's product of corn, win at, cits, hay and cotton in ls71 to ISTo was $15, in 1 >1)3 it was $S. >n 1873 the price ol col ton was 1 * cents, now it is 7 cents, tnu^: proving the theory that prices ofi oinniodilie are controlleil by the; volume of money ol linal account j in circulation. Low prices of taring nroducts are denressinir tr? thai 1 industry. The only benefit thatj, farmers receive from low [ rices is n in purchasing the products of their i hrother farmers. When they want 1 money to pay debts and taxes it 1 takes double the amount of their labor products to get it that it : took when the debt was contracted. The debts ol the people ol the world amount to $2f>,r>7G, 37 ">,000 or six times the amount ~>1 the coined gold of the world. The average per capita debt of all the people is $20?The average in gold standard countries is $50 and in silver standard it is only $ 1 per capita. How can we pay these debts with money fgold) that costs twice as much as it did when the debts were contracted ? The only way is to remonetize silver. (Jive it free coinage. Make it a legal tender for all debts, public and private, and thus enhance the price of labor products until they equal the prevailing prices of such products when these debts were contracted. We may com tnent 011 the other lormulated demands in a future communication. James U. Mauili.. Democracy anil Plutocracy. The New York World is one of the leading plutocratic organs of gold monopoly, hut it is enter prising and successful. The other gold papers ot the East and near ly the entire press of the Northeast (which are owned and controlled by gold gamblers | have daimed that Uryan and the silver (uestion are dead and buried., 1 he New York World has been ... . . . i nvesijgautift tilP Mil >ject, i 11 I ^ thai the Democrats, not only' )i" thp South and West hut of tin* Sort beast , occupy tin* same posi ion wiiii rejiard to tho Chicago' )!atform that iIipv < 1 i 1 iIip catn-i >ai^n of I .siMl; in tact, they arc j nijrli more pronounced, and make try an their h-ader and free -diver heir paramount issue. This is as t should he. All that is required or the success of free silver is for ho Democratic 1 'arty to remain rue to the jsreat cause. The moral I eiise of mankind, so far ac it is! Milightened, is against f he dopravty, wickedness, and extortion of die gobbles. '1 lie destruction of ia!f the world's money, the doubling of the property of the owners d bonds and money, and (lie iMislavment of the balance of mankind, is abhorrent to every sense of justice. Last year a new Declaration of Independence was promulgated at Chicago, and according to Tl World, that declaration is sti held sacred by the lovers of hi man liberty, the despised silve ites. Of course they are despise bv the aristocrats of gold monop Iv the same as the fathers of tl Revolution were despised by tl English Tories who fattened c corruption end enjoyed the sinih of t he English crown. The lollowing editorial fro The World is unite indicative' what The World deplores on th question, but what is deplorah in the eyes of The World is ; unmixed blessing iti the eyes the [ < *ple. The editorial is as fu lows: The disptehes in The World trn Natii nal ami scate heniocratie < '01 n.i; tet.uen, unanimously allinnii t tieir r.dhorcinv to free silver ami tin allegiance to Mr. Bryan, were an n totii-Iiing re\elation. It was perhaps to have heen expecti that tin- l>em icrats who managed la year's campaign in the Populist states of the Northwest and the Soil should still "stand to their guns," spite of dollar wheat and lo-cent silv dollars. Kiit that tlie committeemen the now prosperous states of the We: and in the Middle and Kastern stat Ltint accepted the t hioago plutfor simply to he "regular," should tal the same position is a striking at disturbing proof of the strength party spirit and the vitality of a del siott. The representat i ves of New Yor IVnnsyluaria, New .lersey, NT Hampshire, and Vermont align thei selves with the committeemen of I diana, Michigan, Iowa, Missouri, Ka sas, Kentucky, and West Virginia looking to Hryan as the leader of t party and in accepting free silver its shibboleth. Taken in connection with the sin lar action of the state convent tons tl year, it shows a surprising populari for a defeated candidate. It is a war ing, furthermore, that the battle ( sound money and for the natiot honor and authority is not yet over WHY IS IT. What is value? Kstinmtinn. IIow is the value of money ? certained? By estimating he much property in general it w buy. IIow is the value of wheat? certained? By estimating Ik much money it will take to hi a bushel. What is intrinsic value? The is no such thing. Whatever intrinsic is a quality existing things and not an estimation how much of one thing is requir ill ovdul 11 fur Miwillior Why do people speak of intri sir value? < ienerally because tin do not know tlit* dilTerenco li twoen the <jualities of things ai and the estimation of men in changing: their property, h sometime.-. because they want fool the people. I I)OII what iIiiin the value nt legal lender dollar depend? depends upon the number of dc lars in circulation compared \vi I lie property for sale. Is jtlie value ol money deb mined l?y the law of supjdy ai demand? Certainly. The vali of all things is comparative, ai other things being eijual, tl greater the supply the less tl | rice, the smaller the supply t greater t ho price. Is money cheap or dear in the times? Very dear. What made it dear? Keducii the volume by demonef lizing s ver. Why wan that donelTo increa I ho value of money and bom payable in money, and to rodu the price of all other commodith Who had an interest in incroi in^ the price of money and hone The persons who own money a bonds. le Were the people at large conII suited when silver was demonoj tized? No; they knew nothing about it until years afterwards. r>d Why do Harrison, Cleveland, () and other gohlites say they want every dollar as good as every other 10 dollar? Becausejthey want nothie ing but gold dollars, and they >n know that as long as the law makes gold alone the only money nothing but gold money can be I e lual to gold money. m I of What salaries did Cleveland :s and Carlisle receive from all , sources? 1 f our Christian friends are right, that tjuestion will be 1,1 answered after < Jabriel blows'his horn, ami certainly not before ' How do treasury ollieials go! ri<* 1? and graduate at the head of III 11 i'a< I ing ban ks of t Im I nited St ales !l~ The people they worship have 7.1 greater command over the re 'J wards they oiler for the worship they receive than Satan had to Iti.- 1.: > e 11?. 1, .i. I(J <11* !\ I I I I' *1 I I * J I III' ' ,l|l II, will' II \ lif proposal to give tlm Saviour ic j of mankind if he would fall down i Hi 'ami worship him. Satan couldn't ileli ver t lio goods. r j in What is civil service reform? ?t, | An ollicial syndicate which mo ?*s | nopoli/.es the distribution ol 111 ollice. ke t,l Who organized the official svn(?f dicate called civil service reform? ii-: The Mugwumps, to prevent the people having anything to say k* about ollicial patronage. ' w ii- Is the civil service syndicate n- honestly managed? Yes, on the principle that there is honor among theives. The members of the syndicate never cheat each AS ' - * other when they think there is a ,i_ chance of being found out. Why do the goldhugs shout good times when prices rise, not.. withstanding the fact that they or ii. ,al insist that contraction and falling prices aro the sum of human happiness and progress? Because they know the people feel good when prices go up and they want to make tlx* masses believe that they will nut prices up for their honeIS" tit. >\v 11 What is the main argument which the goldites use in favor of j the gold standard? Their principal and onlv argument is that it )W * jv | brings things down to rock bed, ' | and makes people economize bv taking away all means of extravJagance I "Why does President McKinley : J continue to say thai prosperity ((J ! his surely come? Because he wants LMj | to believe that prosperity has | really come, and by repeating it often he thinks that lie himself ii j will behove it it nobody elsedoes. ay . 10. i.l j The Cotton Crop* ; The cotton crop is late an ! it '"is now passing through a critical i stage. The weather is dry and M ' vmy hot, loo dry and hot in cor '' , lain sections, and nothing definite l|. lean 1 >e said of the crop to come. < >f the crop for the season closing August 31 the vield was S, r | id'71 1.011, according to the safest lie I estimates. The coining crop may exceed I these figures a million hales. This io I r c l.i i... |M. it V fill III Willi II I IM a shorter crop thar. that of 1890 and 1 >>97 and nrices according to se all reasoning should ho higher. There is no largo accumulation ol fl tr II cotton and there is a world wide demand for it. In other words, there is every reason to expect better prices for the crop to come ce than was received for the crop ;s. just sold. ]s? TIRED MOTHERS find help . in Hood's Karsaparilla, which gives 11(1 thein pure blood, a good appetite and new and needed STRENGTH. TRIBUTE OF RESPECT TO THE MEMORY OF GEO. T. BAILEY. Whereas, God in hia Allwise provi ilt>nce Iih? seen Mt to remove, by death, from our midst our brother Allianceman. (Jew. 'I'. Bailey, and whereic^ death at all times and under alF circumstances, brings sadness and grief, we realize in this sad dispensation of our heavenly Father a peoular sadness: Therefore be it Resolved, 1st. That in the death of onr brother, fleo. T. Bailey, Saint Luke Alliance has lost n faithful and true member; one always at his post, ready to discharge the duties imposed by his/ brother Alliancetnen. ^ Resolved, 2nd* That, we tender to the bereaved widow and orphaned children our heartfelt sympathies, commending them to the tender mercies and compassion of Ilim who ha< promised to be a husband of the widow and a father of the fatherless. Resolved, Ilrd. That, a blank page in our minute book he inscribed to the memory of our deceased brother, and that a copy of t!?i- preamble and resolutions lie given to his family and copies he sent the county papers, with a re<|iiest to publish same. .1. k. sti.w m an, T. R. In:urn, .1. L. Adams, t ommittee. ft J fmm r.S.Jounnl rf i'V? Iff ^ , J* Prof. W. H. Pceke- who I Q makes a specialty ot S3 Una" HpHopsy, has Without jTfi JJJ doubt treated and cur b?i ~ OS rw ramorccnsositmn any , jjJ y living I'hysician; his CK I k 1 success is nstonisliingf. ..AyV. . *_ t AnCt.v- .?<r Wo have hoard of case# of 20 y^wa* standing C<flJ <1 <Sj^ ^9 publishes a M KJ 1 vnluable 3 tfl tS 9 ? B work 00 l B I I I hi*"h!c'i f? I Jg H uk il he send# * yuSL JL irar Karft -" i t h a ^-"^largo bot] lie of his absolute cure, free to any sufferers who may sctul their 1'. O. anil Express address. Wo ndvjso nnv ?>no wishing n cure to address Frof.W. IL. PF.f.KF., F. D.i 4 Cedar St., Now Tor# A f r. v a n n * ? W ? I . i S t t ^ E A r"tl' E t>ft. K. C. WEST53 HETiVE J?iD BRAIN TREATMENT THE ORIGINAL. ALL OTHERS IMITATIONS. In pol.) utiilor !>o?i(:v' LYrlHm Gu"rnn'OC, l?y authorit"! impute only, t<> cur<< Wonk Mnmory, i -XI.u Waki fuliM' I-'its, ll>ru<r<(i, (JuicKiii'pp, Night I.oprpr, Kvil I>rwun?<, l-uuk ?>( t'onfidonco. Ni rvoupiicttp, l.-n. it . !?*. nil Iuni nr. Youth(ul Krrors. or Kxcos-ivn IJ <? of Tobacco, Opium, or liiijiiir, which IwuIh to Misery, Consumption, liipnnity nntl Death. At vor? or by nixil, ft a lx>x; sue for fA; with writ'ru utttirimtoo to rp.ro nr rrftinil m??a:ey. I4<nr?{?lt? parkBR<?, containing live- days treatment, with full inatruoi'.orr, i'j ct>nta. One mir>i>!e only r.oltl to oto.li i" At.iir or l.> l'liii. f^T^i^KtTTrr^ !*V'! /rxZxRi l SI crnlh fwfi t ^bJSSlM *XV! 1? *;? * ?' At too ' *^<3 tiCliORL..r Arl fcR J. F. M&okov A Co. and II. C, Bottffh ?fc Co m ! VIRGINIA COLLEGE For YOUNG LADIES, Roanoke. Va. I Opens Sept. i?, tbjjT Ono of the leading Schools | for Young Lnillra In tho South Magnificent hnihlintfs, i?li modern Improvement*. Campus leu acres. Grand mountain scenery In Valley of Vii.. famed for health. Kuropeati and Amerc can teachers Full course. Superior advant. In Arl nn ' Music. Siudi nu froui twenty States. For catalogues address the President MA nil; 1'. llAKKls. Koanoke, Virginia. Ta Cut- CiimiIpstlon forever, TakuCax n . < .nn'v < .ith irtic loe or'J-Vs. If t' ?C. f i . to cure, driiK*-..sts refund money. Stch on Human, , MunjiO on Horses. 1 )oji8 and all "tuck, cured in MO minutes by Woolford's Sanitary Lotion. This 1 never fails. Sold hy ?L F. Mackey ?V Co., 1 )riij.,nist. Lancaster, S. 0. CASTORiA For Infants and Children. W' ASTKI) IHISTWOUTIIY AM) ACTtvi uontloincii <>r IiuIU-m to trnvol for rom|m)dsIbU'< ohiuIiIIsiirtl house In l.aiii-nitlor couniv. Monthly JtVS.on uml expense-. I'ohIHon s'.en'ly. Keferem e Kndoso self ohlresseil stimpeil envelope. The Dominion Company, Di pt \V. t'hlo?K<x Strain La a tnlrt/. We are now prepared to do al ( kinds of Laundry work, such as i Ladies' silk waists, skirts, collar and cutis. Also men's shirts, collars and cull's, at very reasonable prices. Wo will appreciate all toilers entrusted to us, and nimranteo satisfaction. I 'itl'UTL'll ^'Pf I *t I ifoi.no X >.rw. " .llMtl , m Chester, S. C. * OABTOniA.