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1x ~ . -WED -N, - ESTABLISHED 1865.0_ EBRY .C,WDEDY 819.PIE$.0AYA FIXAN CZS OF THE STATE. Trasurer Bates lssues His Reporc Show tag Where the Money Goes-Over ",AM Spent In LItigation. [Special to News and Courier.] CoLUmBIA, November 22.-The an nual report of the State Treasurer was issued to-day. Two interesting feat uses of the report are t be expenditure of $4,955.07 on the Governor's contin gent fund, and that $5 608 02 was spent on the Attorney General's litigation fund. The following is the generalfinancial exhibit: CAB EENDITURES YEAR ENDING OCTOBER 31, 1894. Legislative expenses......... 37,4 Public printing........... 31,461 03 Educatlonal, ebaritable, penal and sanitary insti tutionasandexpenoes... 259 327 Clemson Agrieultural Col lege.......................... 64,94108 Interest on pebliedebt and expenses ...................269,755 56 Brown consols due July, 1898, princIpal redeemed 108,14642 Defiency stock redeemed 63542 Sat dispensary............48,58030 SaWaim So Court, C0reutj= o"etor8, fidateem emmuty au 1r. and supervisors, pobie institutions, etc... 149,31770 vestments for sinking fhd, for reduction, et., of theBrown4 per ceits under Ant 1892.............. contingent and stationery and stamps fqnd execu tive ofters, Supreme Court and other offlcers. 9.541 18 SPensions............. 52.169 70 itiWeHabsO. ..............5,016,50 -Dfeet taxaina Act1884, 'And dirict tax fund ....... 14,7421 BefuDdtaxesandover pay ments refunded county STreasures.................9.30808 Special funds.. 5,676 10 158,153 52 On other accounts......... 25,995 23 $657 48 Cash bakance October 31,$165724 18 ................. 20325824 TbtaL........... $1,888,828 72 CASH REMEPTS FOR YEAR ENDING OC TomE, 31, 1894. U' eneral taxes 1892 and 1893 and back taxes......$93,138 20 State dispensary..........463,911 19 Pho te royalty........... 57,827 13 Privilege tax on fertilizers 43,4238 Direct tax interest received from U.ited Sates....... 17,919 92 Morrill fund received fram, United Stats............... 20,000 00 Insurance license fees. 10,600 00 Railroad assessments r railroad cmmissioners ... 7,156 61 Fe tate ipenSary............. 3,91720 Creissioners tinlefund 1,53 8 Treasum iunderAct189 100,04349 Othm soUrces...-t........ 1,919 9 U otal.. tte................ $1,661,100 17 Clab baL. October 31, 1IM 227,728 55 TO a ......icense ..e.... $1,888 S28 2 The Treasurer akes these remarks: "Ir will be seen that under authority of the Act of 1893, a further loan of mom swas effected by his Excellency teN Governor and myself during the ras rertedr Ast89 0ve4 bee9 lqodtc,...ut..a..o.t......$5,0600 wit ITeresurilecmes dhee aemarknx: "n fulilm et ofe tat condrc athoriy oftAct of 1893, aurtheroloa ofh ne Brwns ecenby hissuxelfrle dtheoenof the mysewf cns the yehrsjhste royalty Theeoanvd over dranftb eportd boas yard staveoten aiqunte buf $a,7 note f wh0,000 wth i mntst wil4la beedeJnur inveti Inefuritient asrofr the tActo ade comisine89hae with the p fte dermption of that duty. Fonsrs thes poshafte aoat received from Jan Unire S, 894 s oenent p(aced9to.the oaount of the40 direc been interest soeuritisateired may he quired he Unied Te Staenmet(] 99.2 on vieown of the enrect tasconet somte feguslain hmannual reurepor."p TheiSteae, busnes,hSa] - rer Bates yesedy gave the fol lowing to the press, with the gederal financial statement of the dispensary busnes,which is appended. It makes very interesting reading just at this time, when dispensary figures are "out of sight:" - In the statment of debtors and credi tors, 31st October, 1894, found in the State Treasurer's annual report, the dispensary Is credited with $21,169.15. On the debtors' list the cash on hand in the Trasry, 31st October, 1894, is $203 256 24, belonging to fourteen dif ferent funds, of which $21,169.15 Is liable to draft on asoount of the dispen sary, and is precisely the amount to the credit of same on 31 October, as above. The dispensary is entitled to this balance and we show we have the money to pay it. Cash in the Treasury Is reported a debtor, and not the dispensary. The following statement will speak for Itself and is submitted in the belief that the public desire the information it contains. W. T. C. BATES, State Treasurer. The following is the appended state ment: DISPENSARY S. C. CASH ACCOUNT. The State Treasurer credited the dis - pensary with RECEIPTS 1892-93. January, 1893. Appropriations............$S 50,000 00 Cash paid into State Treas ury by D. H. Traxler, Commissioner, August, September and October, 1893 ...............100,332 1 Total................... $150,33 13 Charged the dispensary with EXPENDITURES 1892-9/f. To payment w arrants of .-~Taler, Cowmmis ~-~ione-, approved by the Governor, paid A pril 1, to October 31, 1893, inclusive $134,493 87 Cash balance Oct :ber 31, 1893....................... 1,838 26 Total ...................150,332 13 Credited tbe dispensary with RECEIPTS 1893-94. November 1. 1893. By cash balance 1892-93...$ 15,838 26 Cash paid into State Treas ury by D). H. Trailer, Com missioner, November inclusive .....------ -. 463,911 1 Total ............... $479.739 46 Charged the dispensary with EXPENDITURES 1893-94. To payments upon warrants of D. H. Traxler, Commis sioner, approved by the Governor, paid November 1, 1893 to October31, 1894, inclusive......................... $458,580 30 To cash balance Oct. 31, 1894 21,169 15 Total.............. 2479,749 45 Credit to dispensary with November 1, 1894. Cash balance 1893-94, on hand and included in total cash balance October 31, 1894, as per State Treas urer's report................. $ 2d 15 THE METHODIST CONFERENCE. Twenty New Ministers Admitted-Mr, John 0. WilLson Elected Editor of the Advocate.. [Special to News and Courier.] LAURENS, November 23.-The )detb Ddist Conference room was filled at an mrly hour to-day when Bishop Keener proceeded to call the names of preach rs of the Charleston, Columbia, Ches er, Florence and Greenville districts, ind their characters were examined md passed. The reports from the pas toral charges in these districts indi Wted a year of great prosperity in the ingathering of new members and some improvements in the matter of church and parsonage building. The collec-. Lion for the support of the ministry and for benevolences were less than in former years. Bishop Keener called the class of the second year before him, composed of twenty young. men, and addressed them on the doctrines and polity of the Church and propounded the dis ciplinary questions. Having served two oears on trial, and their examina tion proving satisfactory, they were admitted into full connection. The matter of greatest interest to the Conference to-day was the eleetion of the editor of the Southern Christian Advocate. On the first ballot 211 votes were cast, of which John 0. Willson received 97 and J. W. Daniel 87, with 27 scattering. On the second ballot 210 votes were cast. J. 0. Willson received 115 and was declared elected. Mr. Willson is well known in South Caro lina and will ably fill the editorial chair. . The legal Conference held a short session, when the Rev. A. J. -Stokes was elected president in place of Dr. Samuel Jones, deceased. Moneys ac cruing from invested funds were dis tributed to aged preachWe and to widows and orphans. The examination of character will be completed to-morrow, when the reports of standing committee will be made. Conference will not adjourn till Mon. day night. A MODEL FARMER. Not a Coat-tall Swinger nor fet^a One gallus Tillmagiac, but he is Better 7 off than when Cotton Sold for Fifteen Cents. [News and Courier.] ORANGEBVRG, November2 -A non political farmer, full of bard seuse, dropped in to-day and remarked in reply to "dull times:" "I am doingtfirst rate; don't bother politics; never go to a speech-gathbering; doing better than when cotton was 15 cents per pound, and friends to treat plentiful. I let the treating part go and treat my family all the better." "Well, tell me how you made out this year?" "I wanted to close out the last dollar against my farm, so I worked close, using only one horse. Had three chil dren to help, one i2, one 14, one 16, when they were not at school. I made 320 bushels of corn, 10 bales of cotton, 1,800 pounds forage to sell, 2 200 pounds for my stock, about 20 bushels peas, have 32 hogs and pigs fattening, made 150 gallons of syrup, all of my lard and meat used. Don't care to sell my eggs and poultry. I feel, sir, as rich as thbe Governor and as contented as a man can be. The trouble is, sir, that we do not raise what we buy. Let us be far mers and this cry of 'cheap money,' etc., will all go by as useless." After meeting this model farmer and, shaking his broad, honest hand, I said: "You may see this in The News and Courier, as it is an example for others." Thanksgiving Proclamation. Governor Tillman has issued the fol lowing Thanksgiving proclamation: The closing year and the gathered harvest admonish us of our obligations, as individuals and as a people, to the Giver of all good gifts, material or spiritual. Pestilence has been averted from our shores, peace and liberty have been preserved and assured. within our borders, the good works of education and religion have been pro-pered and blessed among us, and happiness and ope still crown the outgoing and in coming year. These blessings call for the continued recognition of our obligation. and our gratitude to Almighty God. Now therefore, I, B. R. Tillian, Governor of South Carolina, do hereby appoint and set apart Thursday, the 29th day of November, as a day of Thanksgiving and Prayer: and I invite all our people on that d ay to abstain, so far as possible, from their ordinary la bors, and to unite in their places of worship and in their houses in public and private thanksgiving to God for the blessings vouchsafed to us as a people, and in prayer for their con tinuance. Given under m.1 hand'and t Seal of South Carolina, at Columbia, this ninetee ember, in ,Lord one thou ,. ed and ninety B. R. TILLMIEN Governor. The Standard Oil Kings to be Arrested. WAcO, Tex., Nov. 22.-The grand jury of McLennon County has indicted John D. Rockefeller, Henry M. Flagler, WVm. Rockefeller, John D. Archibald, Benjamin Brewster, Henry H. Rogers, Wesley H. Telpard, Heniry Clay Pierce, Arthur M. Finley, C. M. Adams, J. P. Gruel, E. Wells. tor entering into a conspiracy with the Central Coal Oil to control the market. Governor Hogg will issue a requisi tion on New York's governor for the arrest of the parties. "I escaped being a confirmed dvs peptic by taking Ayer's Pills in tim~e." This is the experience of many. Ayer's Pills, whether as an after-dinner pill or as a remedy for liver complaint, indigestion, fiatulency, water brash, CORNERING COTTON. Mr. Roddey's Plan for the Producer to Dc Thin-An Important Meeting-The Plan to Form a Cotton Syndicate Among the Producers Fully Dicnased. [Atlanta Constitution, 22.j A meeting of the cotton men beld at the Kim ball bouse yesterday afternoon recommended Mr. J. T. Roddey's plan for controlling the price of cotton~ by the fortuation of a trust. This action, however, was taken only as individuals, and was opposed by some of those preseut. This opposition was from no absolute hostility to Mr. Roddey's scheme, but was due to the fact that the idea was new had that not been fully investigated. Following this recommendation there was appointed a committee of three, eousisting of John T. Roddey, chair man; H. S. Lipscomb, of South Caro lina, and J. E. Nunnally, of Georgia, to call county and State conventions to elect delegates, one for each Con gressional district and one at large, to an interstate convention. There were about fifty present at the meeting, among whom were Commis sioner of Agriculture of Alabama Hec tor O Lane, Comifilssioner R. T. Nesbitt, if Georgia; W. L. Roddey, Rock Hill, S. C.; J.. S. Blalock, Laurens, S. C.; J. T. Dundan, New berry, S. C.; Representative,J. F. Mc Elmurray, Waynesboro, Ga.; H. 8 Lipscomb, Spartanburg,.S. C.; John Bostwick, Morgan County, Georgia; J. L. Moore, Rock Hill, S. C.; W. J. Moore, Abbeville, S. C; J. R. Black, Moroe,:Ga.; .N Moore, York Coun ty South(aro11ba,and Representative J. P.^Brown, of Pulaski County. Counmissioner-Lane, of Alabama, was ziade:chairmarof the meeting and Mr.. J-. Duapan secretary. Commissioner Lane, on taking the chair, made an Interesting address, heartily endorsing a plan that would control the price of cotton. He thought that the time for action in the matter was at hand and believed that con certed and well organized effort on the part of the farmers would bring about the desired results. Mr. J. T. Roddey, who is a South Carolinian, doing a cotton brokerage business in-New York, was called upon and outlined the details of his plans to the meeting. Mr. Roddey is an interesting talker, and his enthusiasm evidenced a deep interest in the work he has under taken. He prefaced his remarks by showing the way cotton values are manipulated by speculators and their system of robbing the producer of his legitimate profits. "It's all a mistake about our produc tion being the cause of low-priced cot ton. It- because the crop is mani pulated by speculators. Now, my idea Js to make the crop control the price. This can be done by foriing a gigantic combination oreotnpan'y with a capital of $50,0000,000 or $100,000,000. To form this company I would suggest that the producers contribute one bale of cotton out of every five they make. In this -way. -the -stoek can-be subscribed, and thei tr wil not be out adollar. ofepabsu4, butsay thit in a crop of 8,00,000 for every five bales a farmer grows be take stock to the extent of one bale. That would leave a crop (.f 6,400,000 to be marketed, the 1,600,00 being set aside as capital stock f(r the company and taken out of the available supply. Now I verily be li'.ve that 6,400,000 bales of cotton will biring in value fully as much as 8,000,. 000-the difference whieb has gone to speculators and manufacturers will be set aside for the producer in stock the first year. In case of a crop failure he has his stock in the company to fall back on,, and the company can sell part or all of their cotton provided the price is high enough, but in no case permit the market to be flooded with cotton. "To perfect the system of operations it--would be advisable to have the gmns in each county listed and the number of bales ginned reported to the general office. If possible it would be a good idea to control the gins. If cotton then comes in too freely we could notify the gin ners and have them suspend operations until the demand increased. "Many farmers would probably be willing for the trust to handle more than one bale out of every five, as you will .see from a letter, the Hatcher Manufacturing Com pany. of Columbus, Ga., offers to subscribe 200 bales at the start. "The affairs of the trust would be kept as secret as possible from the speculators and through our branch offices in all the counties of the cotton belt we would be in absolute possessin of all racts concerning the state of the crop at all periods of the year. "The cotton- contributed by the pro. ducer, after being delivered to the offiers of the trust in each county, would be stored, insured, graded and weighed and stock to the amount con tributed- given to the producer. "My plan would be to have ware houses at every general receiving point. These c,ould either be purchased ready built at a legitimate price or arrange ments could be made with warehouse owners to store and insure at a very low rate. The warehouse receipts could be made transferable or bill of exchange could be used. "Let books of subscription be opened at every town and city in the south. In regard to the management of the company have one general or head office, say in New York, New Orleans or Atlanta, with two general directors from each cotton growing State, with one director fromr each county in that State and have subofficers in all the principal cities and towns in the dif ferent States to control the local cot ton, all to be cor2trolled by the general or head office. "Let the head o 'nstruiaIwhen to cranlo> cotton or hcold until -n pri offered. The farmer, 'ulddot be forced to eel] bis co- Arrange so that in case a farmer wishes to sell, say ten or one undred bales, with so much advanced oui it, he might sell or transfer his varehouse receipts to his creditors." Continuing, Mr. Roddey said: "Messrs. Latham, Alexander & Co., make an estimate of the present acre age at 20.209,000. "Neil's estimate of 10,2.50,000 bales would signify a yield of a little mnore than half a bale per acre, which is pre. posterous. "But an 8,000,000 bale crop at 5 cents represents a cash value of $200,000,000, If one fifth of this crop, or one ba!e out of every five was put into the proposed trust it is estimated that its withdrawal would increase values 25 per cent., giv ing a cash valuation to the remaining~ fourfifths of the crop, of $200,000,00C and $50,000,000 to the 1,600,000 balei held by the trust. This shows the wonderful possibilities in store for the producer in this scheme." Mr. Roddey was closely questioned on all points connected with his plan swers, showing that be had fully mastered the subject. J. o. Waddle president of tbe Geor gia Agriculture Society and Chairman Lane thought an endorsement of the plans at this time would be hasty and ill advised, but they were overruled by a nsjority of those present who sus tained a motion to reconmend the plan. The subject will dotlhtless come up in regular form before the meeting of the Soutbern Cotton Growers' A ssocia tion at Jackson, Miss., on January 9th next. The meeting passed resolutions giv ing hearty endorsement to the action of the Southern Cotton Growers' As sociation at Montgomery. STUDENT LABOR PROBLEM. How It's Being Worked out at Clemson College--President Craighead has Some thing Interestiog to Say About it in his Annual Report to the Gen eral Assembly. The following extract from the an nual report of President Craighead of Clemson College, bearing on the prob lem of "Student Labor," which seems to have been solved at this institution, will be found of great interest: "The student labor problem is, I think, gradually solving itself. The profeszors in the academic department have cheerfully consented, whenever called upon, to superintend squads. As will be remembered, the management and direction of student labor was left largely in the hands of the president. Subsequent experience will no doubt modify and perfect our plan, but I am more firmly convinced, as the way opens up, that all students should be required to perform a certain amount of purely educational labor for which they should receive no pay whatever. Practi cal work in the chemical, physical, botanical, biological and entomological laboratories is educational labor, re quired of all students taking these courses, and should evidently receive no compensation whatever. In like manner, students taking cours,s in agriculture and borticulture should be required todoacertain amount of work, such as professors may deem necessary to a completion of their courses on the farm and gardens, nature's own labora tories. So also should tmecbanical stu dents be required to doa certain amount of purely educational work iu the foundry, the wood shops, and the ma chine shops, for which it would be folly to expect any remuneration. It is clear also that ni:tbematical students should be required todo much practical work in surveying, leveling and the like. All work of this kind is nt only practical, but educational in the high est sense. To abandon this in our scheme of studies is to turn out theorists and day-dreamers, whose heads are crammed with useless stuff which their hands can never turn to practical use. A certain amount then of real practical work, such as the board and professors in charge consider necessary, should, I think, be exacted of all our students, and for which they should receive no money. Here compulsory labor should end. "In addition to this, there will al ways be an indefinite amount of really productive labor, not necessarily edu cational, which students Who need the which they 1,bould be paid. In no other possible way can a liberal and practi cal education be put witbin the reach of the masses. I have received during the year hundreds of letters from pa. rents writing me thbat but for our labor feature they would be compelled, be cause of the pressure in money matters, to withdraw their soas. It is safe to say that only by making use of op. portunities here afforded for rem unera tive labor have at least one-half of our students been able to continue at col lege. To undertake to furnish free to all young men seeking it such an edu cation as is afforded here would impov erish the State and send out a horde of' young men taught to rely upon the bounty and generosity of the common wealthb. Against the insidious approach of this form of paternalism, which strikes at the very foundation ofst ronig, sturdy, manly independence, our col lega is pledged by the very charter of its existence, to perpetual warfare. It is the duty of the State to put the op. port unities of an ed'ication within the reaeb of all her children. It is thbe duty of the individual, in obedience to God Almighty's first great law, to seize those opportunities by hard, unremit ting toil. "After studying the question in all its phases, I would recommend to the board that all agricultural students be permitted to work forty hours, and on ly forty hours, per month, at not more than 8 cents an hour for good, honest labor.' Exceptions should be made in cases where the nature of the work, such as milking, may require some de viation from this rule, but for all such additional labor I would recommend that only 4 cents per hour be paid. A t the Mississippi College, mechanical students are not paid at all. Here I recommend that they be paid according to the monetary value of their work. We have paid out for dtudent laboring the last seven months $7,403 04. "I have dwelt at length upon the problem of student labor, for upon its successful solution depends the weal or woe of Clemson College. Labor, labor of thbe bands as well as of the bead, la bor in the shops as well as in the fields, is expected and demanded of all who enter here. The dignity of manual la bor is the foundation stone upon which our educational edifice is raised, and must be maintained or the wholestruc ture tumbles to the grounid. To put young men in the way of maintaIning themselves in honest independence, to send out real providers, men who earn he bread they eat and the clothing werewith they are clothed, this is the mission of our State college. Ours is the duty of teaching thbe youth of South Caroitia the quaint old truth that for those whbo do not work there are three other things to do; to beg, to steal, to starve. Of the youths who leave these bals let itbe asked in the language of Ruskin: 'Can they plow? Can they sow? Can they plant at the right time, or build with a steady band? Is the effort of their lives to be cha'te, knight ly, faithful, holy in thougbt, lovely in word aud deed?' I trust that in the coming years we may be able to reply: 'Indeed it is with some, nay,with many, and the strengthb of South Carolina is in them.' "The mess hall, under the manage ment of Mr. Schilletter, has been a sur prising succe~s. H e has demonstrated beyond question that good, wholesome board, including fuel, lights, water, etc., can be furnished for less than $7.00 a month." Baldness is often preceded or accom panied by grayness of the hair. To prevent both baldness and grayness, use Hall's Hair Renewer, an honest remady. STATE BOARD OF CANVASSERS. The Conorreasional Contests all Decided As a I. salt a Solid Democratic Delega tion (at Least Nominally) will Present Itself for Admission to the Next Congress. [Special to News and Courier..1 COLUMBIA, November 22.-With Comptroller Ellerbe and Secretary of State Tindal still absent the State board of canvassers this morning took up the 1st Congressional district contest, heard all that was to be said on both sides -of the case and in very brief style the case was disposed of, Murray's contest being dismissed, and Col. Elliot thereupon withdrawing his notice of appeal in the Berkeley matter. In the case of Evans vs Latimer the following was adopted: Resolved, That the appeal in:the case of Evans vs Latimer be dismissed. The contestant in this case had sub mitted no evidence or anything else, but simply a legal proposition bearing on the color of tickets, etc. The following resolution was adopted with regard to thecountinz of the Fed eral boxes at Eastover and Gadsden in this county. These were the precincts at which the regular managers did not appear: Resolved, That in so far as the elec tion held at Gad8den and Eastover is concerned, in the case of Johnston vs Stokes, it is the opinion of the board, so far as it is now informed, that the elee tion was irregular and of doubtful vali dity, but at the request of counsel on both sides of said ease the b)ard con sents to the counting of said votes in said contests and that they shall be incorporated in the returns. This completed the work of the board, so far as the Congressional districts are concerned. The votes as already given, therefore, stand. They will de declared in a day or two. Tomorrow morning the board meets at 10 o'clock to take up all State contests. It will consider nothing wherein an ap peal does not come up regularly from the county boards. It is said that contests on the Consti tutional Convention vote under the po sition of the board can only be heard from the counties of Berkeley, Beaufort and Darlington. From what I can gather today all contests as to the vote for Governor will bave to be considered by the Legislature. They are going to allow anyone who wi4hes to do so to ap pear in the matter of the canvass of tbe Constitutionql Convention vo'e in all cases where the appeal comes from the lower Court. The Coming Banking Plan. [The State.1 The Washington correspondent of the Springfield Republican sends his paper additional information regarding the plan of currency reform now being worked out by Secretary Carlisle for recommendation to Congress by Presi dent Cleveland. It is Interesting and is probably accurate. Says the corres pondent: "The new plan will follow that adopted by the banks at Baltimore in the essential features of providing for note issues against the general assets of the banks, but will differ from it In provision for redemption and other de tails." This basic idea of issuing notes against bank assets is the only correct one, and its recoguition marks a great enlaig,mment of official information in the teatter of banking principles. It permits the expansion of tbe currency according to the demand for money. At present, national banking is fitted to thbe procrustean bed of the national debt, and its issues cannot be increased without an increase in the country's indebtedness. "The plan for the redemption of the notes proposed at Baltimore is not sat isfactory to the treasury officials be cause it contemplates the continuance of the existing redemption agency at WVashington without any additional provisions for prompt redemption. The aoavocates of a scientific banking cur rency maintain that redemption Is slow and inconvenient under this system, and that it would not give the elasticity or the nmew currency which should be one of its most essential advantages over the existing system. Redemption in coin on demand at the counters of the banks is the policy which will be urged by the advocates of the banking currency and will probably be adopted by the treasury officials in their recoin mnendations to Congress." This means that notes must flow back to the banks of issue for redemp tion, thus securing a degree of the elas ticity sought by the advocates of a State bank system. It also means that to get gold for export the speculators can be-compelled to present currency notes to the banks issuing them. They cannot raid the Federal Treasury as at present: "One of the plans suggested to secure prompt redemptions is the establish ment of branch redemption agencies, under the control of either the asso eiated banks. or the treasury, in the leading commercial cities of the coun try. This would enable the banks of the surrounding country to send their notes to the agency for prompt redemp tion and would enable the redemption agent to transmit the notes issued by the banks outside his district to the other central agencies. The theory of a banking currency, which has been burne out by experience in many coun ties, is that a bank will make every effort to create a vacuum for its own notes by transmitting those of other banks received over its counters to the redemption agency for withdrawal from circulation. This theory would not be borne out if the expense and in convenie:- ce of such transmissions were too great. "Redemption would be somewhat more rapid, probably; than under the existing system, which offers little mo tive except for the substitution of clean notes, butrit is a significant fact that the redemptions of all classes of paper money during the last fiscal year under the existing system were only about $380,000,000, or less than one-fourth of the amount of pa per outstanding. The amount of re dernptions, when notes are being con stantly reissued, is absolutely insuffi cient to keep the volume of notes adjust ed to the demands of business, and prompter redemption, with a view to greater elasticity, will be insisted upon in any legislation which meets the ap proval of the President." There should be many such redemption agencies, covering all the States and territories, or none at all. The "lead ing commiercial cities" mast have no monopoly of them. "One of the important objects sought by Secretary Carlisle is the termination of the existIng system of barnking by the government. He desires to see the pressure for gold for export shifting from the treasury to the banks, and prompt redemption of notes in coin at the counters of the baa he considers important to accomplish this result." Amen! The government's banking Operations at present are helping the speculators and hurting the people. The sooner it retires from the business the better it will be for the country. "One of the features of his plan will be the gradual retirement of the forced legal tender paper issued during the war and under the Sherman silver act. beveral plans have been suggested for securing the retirement of these notes, but none has yet been decided upon. The difficult feature of such action is the necessity of re.ktming the notes by actual cash raised ty taxation. The only alternative to redemption out of current cath in one form or another is the issue of interest-bearing bonds to raise the money of redemptien. "Neither plan is likely to commend itself at first blush to certain elements in Congress, but some method of grad ual retirement by means of the surplus in the treasury will probably be re commended. The income tax and the duty on sugar are expected to supply a comfortable surplus, if Congress is not carried away by extravagance by the middle of next summer, at the begin ning of a new fiscal year. It is be lieved that the actual retirement of the legal tender notes could be safely spread over a series of years if Congress had once pledged the credit of the country to their redemption and had authorized a banking currency as the means of supplying money in the future. "Whatever regulation is recommend ed for the retirement of the legal ten ders will probably be accompanied by the proviso that they shall only be re tiredaccording to a fixed percentage of the new bank notes issued. It would not be material that some of these bank notes were afterward withdrawn from circulation, for that would not justify the reissue of the legal tender notes." This retirement of treasury notes we advocated the other day, and we are glad to see that it is favored by the ad ministration. The general government should issee no paper currency, but confine itself to the coinage of hard money. Supporters of the "greenback" policy usually overlook the fact that treasury notes are not money but pro mise to pay money, and that every paper dollar issued represents a dollar of government debt-as bad as a bond, save that it draws no interest-and has to be redeemed at some time. Why not pay off this debt now existing, and re tire the $346,000,000 of treasury notes? While they remain in circelation the government must keep up its gold re serve to redeem them on demand and be at the mercy of the speculators. The retirement of these notes, the coinage of the silver bullion and the withdrawal of silver notes would release the gold reserve of $100,000,000 and make the treasury independent of Wall street. Of course the retirement of these notes should follow the expansion oJ bank notes under the proposed system, thus avoiding a contraction of the cur rency; and the funds for the purpose should not be raised by the issue o1 bonds but come out of the treasur3 surplus as it may be created. "The proposed banking .currenc would have the advantage, in the opin ion of its friends, of continuous expan sion to keep pace with the growth 0 the country and the system would re quire no amendment for many year unless defects of detail were disclose by the operation of the law." There can be no doubt about that It would return to the people a righ taken from them by the government a a war measure only. Gen. John*on Hagod has gatheret fifteeni hundred bushels of corn from 2 acres of hils farm on the Sasluda river I: Edgefitd County. Beyond Comparison Are all the good qualities possesse by Hood's Sarsaparilla. Above alli purifies the blood, thus strengthenin the nerves; it regulates the degeetiv organs, invigorates the .kidney an liver,. tanes and builds up the entir system, cures Scrofula, Dyspepsia' Catarrh and Rheumatism. Get Hood' and only Hood's. HOOD's PILLS cures all liver ills billiousness, jaundice, indigestion, sic' headache. 2.5c. Master's Sales. STATE OF SOUTH CAROLINA COUNTY OF NE WBE RRY-ID COMMON PLEAS. William F. Suber, Administrator, &c. Plaintiff, against Laura Koon et al., Defendants, Complaint for Relief. BY ORDER OF THE COUR' herein, I will bell at public outcra before the Court House at New berry on the First Monday in Decembor, 1894 all that tract of land in the Coun ty and State aforesaid, containing One H undred and Forty Acres, more or less and bounded by lands of Enoch Cro mier, estate of Jacob Wicker, dec'd. William F. Suber and others, being the real estate of which William R. Sube: died seized. TERMs: The purchaser will be re quired to pay one-third of the purchas money in cash, and to secure th balance by bond and mortgage of th premises, payable in one and two years with interest from the day of sale, pay able annually. The purchaser to paa for papers. SILAS JOHNSTONE, Master. Master's Office, 6th Nov, ]894. STATE OF SOUTH CAROLINA COUNTY OF NEWBERRY-ID COMMON PLEAS. Silas Johnstone, Master, Plaintiff, against L. P. WV. Riser and other Defendants In Foreclosure. BY ORDER OF THE COUR' hri,Iwill sell at public out cry before the Court House at Newber ry, on the First Monday in December 1894, all that lot of land in the Town o New berry, and in the County and Statt aforesaid, containing Twenty-two hun dredths of an Acre, more or less, front ing thirty-four feet and three-fourth1 on Pratt street, and forty-feet and one third on Friend street, and bounded oJ the East by lot of the estate of Henr2 Halfacre, deceased, and on the Wes by Jas. F. Todd's lot. TERWs: The purchaser will be re quired to pay one-half of the bid iF casb, and to secure the balance, pays ble mn twelve months, with interes from the day of sale, by a bond aO mortgage of the premises; with leave however, to anticipate payments ii whole or in part. The purchaser must insure the prem~ ises and assign the policy to the Mas ter, and pay for all the papers. SILAS JOHNSTONE, Master. Master's Office 6th Nov., 1894. aster's Sales. STATE OF SOUTH CAROLINA, COUNTY OF NEWBERRY. IN CO1MON PLEAS. Rosanna Havird, Adm'x, vs. Emma Havird et al. ComplaiHt for Relief. By ORDER OF THE COURT herein, I will sell at public outcry before the Court House at Newberry, on the first Monday in December, 1894, all that tractof land, being a part of the real estate of the late John Oliver Havird, in the County and State afore said, known as the "Stewart Place," in five subdivided parcels or tracts as fol lows: Tract No. 1-Containing sixty-eight Acres, more or less, and bounded by Road to Langsord's Mill, Tracts No.2 and No. 3, and by the Kinard's Ferry Road. Tract No. 2-Containing Sixty Acres, more or less, and bounded by Road to Langford's Mill, by lands of J.J. Pay singer and Tracts No. 1 and No.3. Tract No. 3-Containing Sixty five Acres, more or less, and bounded by lands of J. J. Paysinger, Tracts No. 1, No. 2 and No. 4, and by the Kinard Ferry Road. Tract No. 4-Containing Seventy Acres, more or lees, and bounded by lands of J. H. Dennis, J. J. Paysinger, Tracts No. 3 and No.5, and the Kinard Ferry Road. Tract No. 5-Containlng Eighty Acres, more or less, and bounded by lands of Geo. G. DeWalt, estate of F. S. Paysinger, dec'd, Bush:River, Kinard Ferry Road and Tract No. 4. TEms: The purchaser will be re quired to pay one-third of the purchase money in cash, and to secure the bal ance payable in one and two years, with interest annually from the day of sale, by a bond and mortgage of the premises sold-with leave, however, to anticipate payments in whole or in part. Purchaser to pay for papers. Should the purchaser of any tract fail to comply with the terms of sale with in seven days thereafter, the said tract will be resold on the next convenient Saleday, at the risk of the bidder. Plate of the separate tracts will be ex hibited at the sale. In -the meantime they may be examined at this office. SILAS JOHNSTONE, Master N. C. Master's Office, 10 Nov., 1894. STATE OF SOUTH CAROLINA, COUNTY OF NEWBERRY-IN COMMON PLEAS. Newberry Building and Loan Associa tion, Plaintiff, vs. Willis Spearman, Defendant. BlY ORDER OF THE COURT herein, I will sell at public outcry before the Court House at Newberry, on the First Monday in December, 1894 all tMat tract of land lying and being in Newberry County, and State afore said, containing One Hundred and Sixty-Three Acres and Four-Tenths, more or les, and bounded by lands of J. M. C. Stewart, Moses Spearman, and other lands of Willis Spearmian r et. al. TERmS: The purchaser will be re quired to pay one-half of the purchase I money in cash, and' to secure the hal. ance by bond and mortgage of the premises sold, with interest from the t day of sale-with leave to anticipate 5 payments. Purchaser topy for papers SILAS JOHNSTONE, Master. Master's Offie, 10 Nov., 1894. SST ATE OF SOUTH CA ROLINA COUNTY OF NE WBERRY-II~ COMMON PLEAS. David Hipp, Plaintiff, against Nant ie 3. Alewine et al., Defendants Foreclosure. rY ORDER OF THE COUR1 a.,herein, I will sell at public outera at Newberry Court House on the firs Modyin December, 1894, the follow ia elestate, of which Thomas H Alewine died seized: That tract ot land in the said Stab and County, containing Ninety Acres more or less, and bounded by lands o C. H. Suber, Jenkins Smith, Harrie . Epting and Eliza Brown. Terrms: The purchaser will bi permitted to pay the whole bid In cash . otherwise one-half of the purchs money will be required in cash, an< the balance secured by a bond and mortgage of the premises, payable ii one year, with interest from day of salE Purchaser to pay for papers. SILAS JOHNSTONE, Master. Master's Offie, 6th Nov., 1894. STATE OF SOUT H CA ROLINA COUNTY OF NE WBERRY-Il COMMON PLE AS. 'Thomas M. Neel et al., Ex'ors, Plair against John Hall et al., Defendant. Forelosre. BYORDER OF THE COUR hri,Iwill sell at public aut tion before the Court House at Neu r berry, on the first Monday in Decen ber, 1894, all that tract of land in th State and County aforesaid, contait inlg Eighty-Six Acres, more or les, an bounded by lands of John Byrd. Joh D. Pitts, Estate of Elijah Tribble an Estate of Wash Floyd. TERMS: The purchaser will be pe: mitted to pay the whole bid in cask othei wise one-half of the purchas money will be required in cash, an the balance secured by a bond an mortgage of the premises, payable I one year, with interest from the day < sale. Purchaser to pay for papers. SIL A8 JOHNI3TONE, Master. Master's vfflee, 6th Nov., 1894. ST ATE OF SOUTH CAROLINA COUNTY OF NEWBERRY IN COMMON PLEAS. Thomas M. Neel et aL, Ex'ors, Plair .. tiffs, against f Preston Dominick et al., DefendantU . Foreclosure. -DYORDER OF THE COUJR' s . herein, I will sell at public oul - cry in front of the Court House at New berryon thefirst Monday in Decena r ber, 1894, the following real estate: t That tract of land in the said Stat and County, containing Seventy-on - Acres, more or less, and bounded b 1 the Belfast Road, lands of Thomas N - Neel, Mrs. C. D.' Harman, dec'd, Mrn t M. Ella Dominick, deceased. i TERMS: The purchaser will be re ,quired to pay one-third in t'ash, and se i cure the balance by his bend and mori gage of the premises, payable in on - and two years, with interest from th - day of sale, payable annually. The pui chaser to pay for papers. SIL AS JOH NSTONE, Master. Master'saOffica 6 Nov., 1894. Master's Sales. STATE OF SOUTH CAROLINA, COUNTY OF NEWBERRY. IN COMMON PLEAS. Rebecca Brown a Administratrix, &c., Plainti1f, agamst Joshua D. Daven port and( others, Defendants. Foreclosure. BY ORDER OF THE COURT herein, I will sell at public out cry, during the legal hours of sale-on Monday (salesday),- tbe- 3d day of De cember, 1894, all that tractor planta tion of land in the State and county aforesaid, containing One Hundred and Thirty (130) Acres, more or less, and bounded by lands of the estate of F. Werber, deceased, Rebecca Payi' and others. This tract will be n two or more tracts. Also, all that tract or plantation of land, in the saie State and County, containing One Hundred and-Four (104) Acres, more or less, and bounded by lands of John R.8'pearman, eates of Wm. Lane, G. B Reagin and others. TEims: One-third of the, purchase money to ,e paid in cash and the bal ance in one and two years, with inter est from day of sale, the credit portfon to be secured by bond of the purebaser and a mortgage of the premises. Par chaser to pay for rs. SILAS JO .TONE, Master. Master's Ofie, 10 Nov., 1894. STATE.-OF--SOUTH CAROINA NEWBERRY COUN rY-INC)Ob 310N PLEA0. James J. Lane, EV'or of .Archibald Sloan, Plaintiff, against JonnC. Sloan et al. B Y ORDER OF THE .QURT herein I will sell at puWe out cry before the Court House at X ry,- on the- lst- M n o ber, 1894, all the of. John P. Sloan, deceased, in the County and State aforesaid, in the following Six parcels, or tracts, to-wit: Tract No. 1. Containing Forty-two and 4-5 Acres, bounded by Tract No. 2, by lands of estate of Archy Sloan,-de ceased, and lands of J. Leonard Sease. Tract No.2. Containing Ffty-ieven Acres and bounded by Traets No.- and No. 3, by lands of Estate of Arehy Sloan and lands of J. Leonard Sease. Tract No. 3. Containing Thirty-five Acres, and bounded by Tracts No. 2 and No. 4 and No. 6, by lands of~estate of Archy Sloan and -Mrs. Catharine Lester. Tract No.4. Containing twenty-four and 62-100 Acres, bounded by Trasts No. 3 and No. 5, landa of Mrs. Catha riW; Lester and R. T. Caldwell. Tract No. 5. Containing Twenty-one .and-a-half acres, bounded by lands of R. T. Caldwell, Tract No. 4, and by lands of Summer Rros. Tract No. 6. Containing Fifty-three and Three-tenths Acres, and bounded by Tract No. 3, lands of J. Leonaid Sease, P. T. Caldwell and Mrs. Oath arne Lester. Tam: The purchaser. will be re quired to pay one-third of the porchase money In cash, and to -secure thembal anee by bond and mortgage of the prem ises sold, payable in one and two years, with interest on each instalmentfrom day of sale. Leave, however, will be given to the purchaser to anticipate payments in whole or in part. Par chaser to pay for papers. SILAS JOHNSTONE.Master. Master's Office, - Nov., 1894. ST ATE OF SOUTH CAROLINi COUNTY OF NEWSERRY.- ' IN COMMON PLEAS. Henry C. Summer, Plaintiff, against W. A. Fallaw et. al., Defendants. Relief. BYORIDERd oHE COURT hrn,-Iwill sell before the - Court Rouse at Newberry, on the First Monday in BIeember, 1894, at public outcry,. in one .or more parcels, that lot of land In the Town of Newberry, County and tate aforesaid, containing Forty-five Hon dredths oftan Acre, -more or less, and bounded by NanceStreet, Friend8Street, McKibben Street, and by lot of Joseph Brown, deeased. Tanus: Tne purchaser will' be-ye quired to pay one-third of.the parcase -money In cash .and to secure the bal ance, payable in one and two years, I with interest from the day oftale; by a bond and mortgage or the ~p sold. The purchaser must .have the premises Insured for at least twelve months In the suinof-aone thousand dollars and assign the pohecy.to the - Master. Purchaser to pay for pers - . SILAS JTOHNSTONE, ' ' Master's Office, 10 Nov., 1894. STATE OF SOUTH CAROLINA, - COUNTY OF N~EWBERRE IN COMMON PLEAS. Newberry Building &dr.Investmnent Company, Plaintiff, inst John R. Scurry et. aL., Defen us BY ORDER OF~~TE COURT herin,dated 11 July, 1894, I will ~- sell at public outcry, before Ahe Court - ifouse at Newberry, on the.First Mon day In December, 1894, all that tract of e land in Newberry County and State of - South Carolina, containing Four Hun d dred and-ten Aeresr~more or less, and 1 bounded on the North by lands of 3. I W. Simmons, East by lands of A. S. Parks, South and West by lands of Geo. 8. Reid and by Saluda River. ', TEEMs: The purchaser will~be re e quired to pay one4bhird of the purchase I money in cash, and to secure the bal ance payable in one and two years, 3with interest on each instalment from I Sthe day of sale by a bond and a mort gage of the property sold, wi.h leave, however, to anticipate payments. The purchaser to pay for papers. If the purchaser fails to comply with - the terms of sale within fifteen days after sale, the property will be resold - at the risk of the bidder. SILAS JOHNSTONE, Master.I M as' Office, 10 Nov., 1894. STA TE OF SOUT H CA ROLINA COUNTY OF NEWBERRY IN COMMON PLEAS. The National Bank of Newberry against Jas. M. Henderson. -BYORDER OF THE COURT - herei,I will el at public outcry before the Court House at Newberry, e on the Frst Monday in DYecember, 1894, e all that tract of land lying in the Conn y ties of Newberry and -Union, contair .ing Seven Hundred and. Six Acres and Sa Fourth, more or less, and bounded by lands of the estate of P. W. Chick, the estate of R. S. Chick and others. TE~RS: The purchaser will be re quired to pay one-third of the purchase e money in cash, and to secure the bal e ance by bond and mortgage- of the -premises, payable in one and twosears, with interest from the day ofisalIe. SILAS JOHNSTONE, Master.