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SOMETHING WRONG IN CURRENCY SYSTEM Country Has Enough Money II? Ad- j Mits, but It Is Not Ifimdled U the Very liest of Advantage. Philadelphia, Dec. 9.?George K. Roberts, director of tho mint, last night addressed tho American Acade my of Political and Social Science,! novf In session in this city on the need for currency reforms. Mr. Roberts .?aid in part: "The most encouraging feature of j this campaign for a more scientific currency system, is the fact that it is now generally admitted that some-; thing is seriously wrong :n tho pres ent system, it has always seemed to a great many people that if all our mon ey was 'good,' and the supply increas ing from year to year in what appear ed to be an adequate amount, nothing mere was required. Nobody can say ] that a monetary slock of $35 per capi to Is not on general principles large] enough, or that an increase from $23 to $35 In ten years is not enough. Thatj Is not the point of the controversy. Tao contention Is for an elastic ele- ] Brennt in the currency, and elasticity menus contration as woll aa expan-' alan. There must ho contraction after expansion, in order to regain tho pow er to expand again. "Then again, it has been a common view that It Is tho exclusive function of the government to furnish tho moiiey of a country, and that the bank should hove nothing to do with the supply; they should simply receive wocney on deposit and loan it or pay It out on demand, "This sounds plausible, for undoubt edly It is the function of the govern ment to define What shall ho legal ten der, and to supervise and safeguard the currency supply, but neither the! government nor any other body can determine in advance how much mon ey will be required from timo to timo.J Ne authority can determine how much money the people of this country will want to use or to handle In the year! 1911. Nobody can tell within hundreds of millions of dollars what the vol-j uaio of business will be next, year, or; what proportion of that business will bo handled by means of private instru ments of exchange or what portion] will require cash; nor can any one tell how much of the $16,000,000,000 of bank deposits may be called for in cash at any time. All of these de aiands are uncertain and fluctuating, and they are directed not to tho gov ernment, not the offices of the treas ury, but to the banks. It Is tho pro vince of the government to supervise the supply, but the demand actually mast be afforded through the banks. "The fact is that the great bulk of tho payments In a country like the United States are not made In money. Money has become the small change of the business world. The drafts and checks that represent the payments of commerce moot in the Clearing House and practically offset and cancel them selves. Nine-tenths of the so called bank 'deposits' are not made in mon ey, but are simply credits that arise In the exchanges. They are payable In money and on demand, hut if the banks are called upon to liquidate an undue proportion of them at any time, It simply can not be done. We fall into just such a deadlock as we had In 1907. "Tho South for example, at this sea sen of the year, by the sale of Its cot ton crop is creating heavy "credits', or 'deposits' In New York or other cities. In tho usual order of events these will be drawn upon to pay for the Smith's purchases outside, and the entire ex ohnnge will be effected by the band ling of comparatively little money. If the South should attempt to withdraw all or thosO 'deposits,' In cash, it would disturb the financial equilibrium ? r tho whole world. "So when a man says ho does not i believe in an elastic currency, or thai if all our money is ns good as gold nothing more is required, or thai the banks should have nothing to do with issuing currency, ho overlooks tbc fact that the business of U;;- country Is not done with gold, or with any kind of money but by means of bank credit; ami when this credit, receives a Shock there is no way to prevent widespread disaster except, by sup porting it or substituting some higher form of credit." Journal. DAVIS' GRANDDAUGHTER WEDS. Miss Lucy White Hajes Married In Colorado. Colorado Springs, Col., Dee. 9.? Miss Lucy Whlto Hayes, granddaugh ter of Jefferson Davis, president of the Confederacy, who, following her mother's death two years ago, be. onme president of the Daughters or tho Confederacy, was married last alght in St. Stephen Episcopal church to (Jeorge Mowyer Young of I lacor ville. Col. Mr. Young is tho son of tho lato Harvey Young, an artist, who died in this City about nine years ago. Rev. A. h. Taft, rector of St. Stephen's church, officiated, Several hundred relatives and friends attended, MR. 4. B. BENJAMIN DK AD, Well Known Citizen of Quarry Who Was Well Known In This County Mr J. B Benjamin died at his home at Quarry, S. C. five miles from this city, on last Saturday night. Mr. Benjamin suffered from a paralytic stroke over a vear ago. but seemed to have recovered from it. and was able to attend to his business. Ho was in town only a day or two previous, and called at the Journal office where he was ulways a most acceptable visitor. Mr. Benjamin's last Illness was very brief. In ten minutes after having been taksn tho ?nd came. lie was born in Laurons county sixty nine years ago last March, June 1878, ho was married to Miss ?eil Major, sister of the late J. M. Major and of Mr. S. G. Major, and Mrs. T. J. Clyde. Ho leaves besides his wife eight children, S. M. Benjamin, Pope, Jones, and Wlntteld, and Mrs. Edith Hill, Mrs. Bosa Snyder. Mrs. J. It. Mlxon of Augusta, and Misses Hattic and Palsy Benjamin. Mr. Benjamin was a deacon In the First Baptist church of this city. Ho becamo a member When the church wan quite small, and saw it grow, as the years camo and went, until It be came one among the strongest church es In tho State, Ho was not a nominal momber. but one who was faithful in overy particular. Tho writer has k'<own Mr. Benja min for thirty one years, and ho has uorer known a true or better man. He was always on the side of rightf tak ing no uncertain stand when matters of priuelples were involved. Nor was he afraid to let it be known where be stood. It was not necessary to raise the question as to hi;; attitude when questions of right and wrong were up. The funeral was conducted at his home Sunday afternoon by bis pastor the Itev. (!. N. Cowan, after which his remains were interred in the cemetery at the Hocks church near bis resi dence. Mr. Benjamin saw service in the war between the States, and while we have no information as to his record wo are sure that it was in every respect a most honorable one. In his death his church and the caupo of Christ has lost a strong supportor, his country a fine citizen and his family a most devoted hus band and father. Men of his char acter and worth are not found overy day. He was the typo of citizen that our country so sadly needs.?Green wood Journal. FERGUSON GETS BAIL. AbbcHllc Mnn Who Killed His Father. Story of the Killing. Columbia, Dec. 9.?J. M. Nlckles of Abbeville appeared before Associate JiiBticc Eugene B. Gary, in the su preme count room yesterday evening in a habeas corpus proceeding for bail for J. 11. Ferguson, who shot and killed his father in Abbeville county one day last week. Tho testimony at the inquest show ed that the father, J. 1'. Ferguson, had gone to the home of bis son, .1. II. Ferguson, to arrange a settlement In regard to some land tin* son bad sold tho father. In endeavoring to arrange a settlement the father be came enraged and attacked bis son with a knire, cutting his clothing in several places. Tho son retreated and in backing from his father, passed the mantel piece and picking up his pistol, pre sented it at his father, lie claims, to intimidate him. The father (dosed in on his son. cutting at him witli bis knifo and In a SCUdlo the pistol went. off. killine, (he older Mr. Fer guson almost instantly. An open knife was found by the side of the deceased. The testimony showed that the son did all he could do to avoid a difficulty i sind that tiie father was the aggros, sor. The wife and children bf lh(> d ad man jollied in a petition to the court. ; asking that tho petitioner be admitted to ball. After hearing argument of Counsel, the court decided that the petitioner was entitled to bail and lixed bond at $3,000 Which amount was not objected to by the attorney goneral who represented the State. important Announcement. The Laurens Drug Co. has just received a fresh supply of ZSMO and Zemo Soap. Zemo is a remarkable remedy, a clear liquid for external use. The UrSl application will Instantly relieve the most Intense itching, quickly removes blotches, pimples, blackheads, eczema, dandruff, tetter and other forms of skin or scalp humors whether on in fant or grown person. Zemo Soap In the new antiseptic skin soap. Is tho purest and sweetest of medicinal and toilet soaps relieves and quickly cures prickly heat, rashes, hives, chafing i and other forms of skin affections so prevalent among infants. Especially adapted for persons with a dollcatO or tender skin. TheLaurens Drug Co.. the druggist has a limited supply of samples of Zomo and Zomo Soap. A sample of each will accomplish wondors and will demonstrate their great merit to those who have any form of skin or scalp eruption. J COHTRIGHT METAL SHINGLES Laid 20 years ago are as good as new to-day and have never needed repairs. Think of it! , What other roofing will last as long and look as well ? They're fireproof, stormproof, and very easily laid. They can be laid right over wood shingles, if necessary, without cre Lirt or inconvenience. For prices and other detailed informal'jn apply to 1 Local Dealer or Cortright Metal Roofing Co., Philadelphia, Pa Columbia, Newbcrry &, Lnureus R. R. Schedule In effect Oct. 6th, 1910. Subject lo change without notice. Pub lished as information only, the schedules Indicated are not guaranteed. No. No. No. No. 52 04 A. C. L. 05 53 6.10 lv Charleston ar KLOO 9.54 lv Sumter ar '> "o C. N. & L. 11.15 5.00 lv Columbia ar 11.15 4.56 12.42 6^r? lv Prosperity ar 9.50 3.34 12.56 6.44 lv Newborry ar 9.32 3.20 1.50 7.8'? lv Clinton ar S.44 2.86 2.85 7.55 lv Lnureus ar 8.20 -2.12 c. & w. c. 4.00 9.20 ar Greenville lv 7.00 12.20 4.0.? ar Spartanburg lv 12.20 S. A. L. 3.27 2.2X nr Gr eon wood ar 2.38 1J12 3.55 2.B0 ar Abbeville ar '.'.OX 1.02 l!.0."> 5.04 ?r Athens ar 11.51) 10.3* 8.45 7.15 ar Atlanta lv 0.55 8.00 Xos. 52 and 53 arrive and depart from Union Station. Columbia, dally and ...... through between Charleston nnd Grccnvlllo. Nos. 54 and 55 arrive and depart Gervais Street, Columbia, daily except Sunday and run through between Columbia and Greenville. Note?Black face typo Is for P. M. and light face type Is for A. M. For information, ask agents or write J. F. Livingston, S. A. \V. J. Crnig. P. T. M. Columbia, S C. Wilmington. N. C. Alail orders promptly filled. Goods sent on approval to responsi ble persons. Fleming Brothers AN Goods Bought of us ENGRAVED FREE. Christmas Announcement Every year styles seem to improve and every time the Christmas season rolls around we can say, with all honesty, that our stock is more attractive than the year before. This year with the return pf prosperity manufacturers have mxde an extra elfort to improve their lines and have certainly succeeded, not alone in more attractive patterns, but in the addition of many entirely new ideas of the practical kind and you won't have half as much trouble selecting a gift this year for the ones who seem to hav0 everything. Our Christmas stock is now complete and the following list gives just a suggestion of a few of the many attractive gifts to be selected at our store. Come and look around before the rush com mences. We can suggest lots of suitable gifts and will assist you greatly in making out your Christ mas list. TUB MOST POPULAit JEWELRY Lockets Solid Gold. Plain and Engraved .$2.50 to * 18.00 Gold Killed, Plain and Stone Set .$1.00 to $<;.oo Bar Pins Plain and Hand Engraved Styles in Solid Gold at $1.25 to 10.00 and in Gold Plate, 25c to $1.00 Dutch Collar Pins. Odd Designs in Gold and Rolled Plate from.50c to $10.00 Diamond Jen (dry A good quality diamond in a con stant pleasure. A poor one a con stant disappointment, The quality of our diamond easily recognized, espec ially when a comparison Is made. Diamond Rings.$7.00 to $300 Diamond Brooches .. . $S.O0 to $200 Diamond Locket? .. . $K.OO to $50.00 Diamond Scarf Pins . $7.50 to $40.00 Diamond Links.$.'1.00 to $40.00 CUT GLASS Berry Bowls Beautiful Patterns, Well Cut at.$8.00, $4.0? and $5.00 Some Entirely New Effects, Rnngc ing from.$?.00 to $15.00 Corn partes Large and Small Styles in a Great Variety or Designs at prices from . $11.00 to $10.00 Bon Bor Dislios Our Lender at $1.25 is a Beauty. Oth ers Larger and More Elaborately <--ut.$1.50 to $0.00 Watch Fobs. Black Ribbon, Gold Mounted and all Gold St vies in Cold Killed and Solid Gold.* 1.00 to $20.00 Combination Sets. Cuff Buttons and Scarf Pin to Match, the Most popular Gift for a Man this year.$1.00 to $15.00 Scarf Pins Beautiful Fancy Stono Effect in Plain and Elaborate Settings. All the most Popular Styles . 5<>r (o $10.00 I.a Valllores ?Solid gold, pendants set with Ame thysts, .lades, Turquoise, Peals, and Diamonds, price from $7.00 to $150.00 Brooches, (always appreciated by the ladies) can be found here in endless prices and designs. The most com plete line we have ever shown. Prici s from.25c to $150.00 SIVER NOVELTIES. .Match Boxes Plain Styles For Monogram and Fancy effects in a Great Variety Nickel, Silver and Sterling ..75c to $5.00 Kings. Cold Signets, for baby, sist. r, brother, father, or mother, Gold set rings, with Ruby. Amethyst, Turquoise, Topaz, Pearl, Opal, Sardonyx, Moon stone. Emend, Bloodstone, Tiger Eye, and Canons, price $1.50 to $50.00 Other Suggestions. Cuff Pius in Gobi and Plato. . . pair.25c (o $5.00 Collar Buttons, a Practical Gift. .25c (o $1.50 Bracelets, Hat Pins. Etc., in Endless variety. Hand-Pn la tod China, The genuine article, in Cake Plates. Bowls. Vases, Chocolate Sets, Bon Bons, Tea Sets, etc. Price.$1.50 to $30.00 Souvenir ftpoons. Plain and Fancy Styles. Our Stock in all Represents many Different Patterns at a Range in dice from .25c lo if2.50 Decorated Chins Plates, Vases, Pile hers. Trays, Choco late Sets, Berry Bowls, Ice Cream Sets, Whip Cream Sets, Bread and Butter Plates, and lots of other fancy pieces, price . .25c lo $5.00 Japanese Ware Jugs, Smoker's Sets. Cigar Jars. Pin Trays, Bon Don Olive and pickle Trays. Price . . . . 75c lo $7.50 ('mhrclhis, Give Good Umbrellas Guaranteed to Good Service. A Croat Variety of Plain and Fancy Handles for Both Lady and Gentleman $5.00 to $25.00 BRASS. Desk Sols Useful and Attractive, a Pleasing Gift for Either Man or Woman. ..$1.00 to.$10.00 Other .nicies Candle Sticks. Trays. Jardinieres, Kern Dishes, Smoking Sets, Book Racks. Etc., In American and Imported Brass, Costing from . $1.50 to $15. .< " 1 Men who do things carry the Howard Watch, in the field, it) the counting room, in the study ?i Iowa kd time has been a factor in every event that has made America what she is. Price fixed by printed ti<kct? $35 to $150. Lot us ibvw you lbi| Ulltiuctlvq trakb, Watches a watch from Flemings is recogniz ed at once as a good watch. All our watches from thocheapest to the high est prlcod, are fully guaranteed, Wo have .Niens Watches from ..$2.00 to $125.00 Ladles' Watches from . .$5.00 (o $75.00 Hoys' and Girls' watches from . .$1.00 to.$5.00 Other Novelties Piles.. .. Scissors . Hat Marl; Hag Tags Pencil:; . . EliU rvs . . 25c to $| Oil 7:.e 10 $3.00 .,25c lo 75e ,50c lo $1.50 ..".tie t? $1.50 25c to si .nil Silver Phlt fd Article.. having Sets in Groat Variety $2.50 to $10.00: Napkin Ring .'?(Ii- |o $1.00] child's Cups 75c lo $3.50] lb king Dishes and .Many Othor Useful A r ?5 Links Plain Signet Hand Engraved, and '-.one Sol Stylos in Solln ? Sterling Silver and Gold Plate. 1 Gold Buttons.si..-,n in A Silver and Plate . . {olid G< Id, lid 12.00 to $2.00 Sterling Silver Fniicj Pieces Sugar Spoons. Berry Spoons. Meat Korks ami Other Serving Pieties Many Patterns.$1.00 to $10.00 Bread Trays. Sandwich Plates, Bon Bon /Dishes and Other Articles of Hollowwaro.$2.50 to $50.00 X X If 5C X X ,q5 s lied Boom Clocks New Style Clocks in Pra-s and Ma hogany with Roliable Time and Alarm Movements, n M?sl Pleasing and Practical (W . ..$4.50 lo #80.00 Jewel Boxes New styb ., Protly and Practical, Vel vet Lined, a Number of Different^ Slzoa.$1.50 to $p_\iin Reliable Jewelers Lau rens, S. (