The Darlington news. (Darlington, S.C.) 1875-1909, June 25, 1896, Image 2
TILLMAN
TO OIVC
SOMETHING.
Bate* Give* Out Anothar Statamant
Which Ha Praparad Soma Tima Ago
and now Glvaa to tha Public with
Tillman's Consant. Tha Dostination
of tha S50,000 Commission* not
Explainsd. Tha APair Look* Uglier
than Evar.
Columbia, June 21.—On the eve of
tba campaign for State fcnd Senatorial
honors the “bond affair,” as it is called,
is the all-absorbing issue. No one talks
of anything else at this time, and it will
be the central feature of the approach
ing campaign until it is made to take a
second place by something of more im
portance. It is the red letter for the
present, at least, and Gorernor Evans,
his friends and bis enemies, seem to so
appreciate it That its importance is
appreciated is testified to by the state
ments that are being made by the inter
ested parties and the eagerness with
which anything about the matter is
read.
For a long time there has been keen
interest taken in what Senator Tillman
would have to say about the matter. He
at first intended to treat the matter with
silent contempt, but the calls for state
ments from him from the Reform news
papers have been so persistent that he
could not afford to keep silent, and to
day he mailed a statement with refer
ence to the matter, which deals with the
question generally, and is to go as a
kind of prolode to a more explicit re
view of the matter from State Treasurer
Bates. Governor Evans has about fin
ished his statement, and will have it
ready for use at the Manning meeting
to-morrow. He has the testimony that
was taken at the hearing of the commis
sion matter in Baltimore, as well as all
of the acts and decisions about the mat
ter.
Senator Tillman and Dr. Bates start
the campaign with their statements, and
there will, no doubt, be plenty of others
from all sides to follow.
Senator Tillman's statement is as fol
lows:
To the Public: I have been absent
from the State during most of the last
two weeks making silver speeches in the
west and have been ignorant of th« furor
created by the unsigned articles in the
New York Time* charging crookedness
in the bond matter. I read it as copied
in the Sute papers just before leaving
South Carolina, and immediately deduc
ed that the author was my political and
personal enemy and a South Carolinian.
I did not feel that the anonymous attack
was worthy of notice, and so stated to a
reporter. On my return I find that A.
B. Williams is known to be the writer,
and this statement of itself will be suffi
cient to most men as to the motive of
the attack and truth of the charges. I
learned further that Dr. Bates had writ
ten a card explaining the receipt by him
of a commission amounting to about
$2,000 for extra and unofficial work, but
apparently shunning or ignoring the
graver charges dfrectly or indirectly
made of a collusion with Rhind and the
commission. On arriving at Columbia
I found Dr. Bates had prepared a full
statement of the whole bond transaction
but under bad advice had confined his
statement as published to an explanation
of the commission paid him, which was
not at all satisfactory, even to his
friends, and thereby had invited rather
than disarmed criticism. He submitted
this statement to aae, and now gives it
to the press at my suggestion. I have
read it carefully, and can corroborate as
true everything it contains as to the
fact* of the case.
But for the fact that there are others
involved in the so-called “bond scandal"
I would adhere to my original purpose
of treating it with silent contempt, be
cause Gen. Butler made practically the
same charges at Wjdterboro in 1894, and
I made a full and complete answar to
than than. I recognize, however, that
the shafts of slander and malice which
have fallen harmless front me may
wound others who are not less worthy
of public confidence. 1 take occasion,
therefore, to rapeat what I said at Wab
Treasurer Bates’s statement is as fol
lows:
OS. BATES’S STATEMENT.
To the People of South Carolina: On
the 11th June I gwe to the press a brief
statement explaining the payment to me
by the bond syndicate of $2,081.25 for
extra services to them during the i»
funding of the State debt. That docu
ment instead of being criticised In the
light of past events known of all men,
and easily accessible in public docu
ments and newspapers, has been made
the excuse for the most malignant end
outrageous insinuations and accusa
tions.
Most of these have emanated from pa
pers opposed to the Reform Movement,
and could be attributed to malice and a
desire to secure political advantage.
But, as many Reform papers have been
equally unreasonable and severe in their
comments, I have decided to give a ful*
history of the entire refunding matter,
so that all fair-minded men may judge
for themselves how unjust and truel are
the insinuations and accusations that
have been made against me and against
Governor Tillman, with whom I was as
sociated in the transaction.
“The original Refunding Act was
passed in 1889. I came into office in
December, 1890, and at the close of the
1 fiscal year October, 81,1891, I reported
officially as follows:
I complied with instructions given in
the Act and had proper notices inserted
in newspapers. I also had Circulars and
copies of the Act printed, and notice
was given that they could be had upon
application by parties desiring inform
ation and have sent out a large number
of copies, * * * Until July, 1892, the
office is restricted to the system of ex
changing the new 4 per cents for the
brown consols. But little progress has
been made in exchanging. Only $29,-
896 70 of new 4 per cents have been ex-
chsnged for an equal amount of brown
consols. Under the rigid requirements
of the Act I am afipid not many ex-
chenges will be effected. * * *”
The Legislature amended the Act in
December, 1891, at my suggestion and
provided for the payment of a commis
sion for placing the new bonds if it
should be necessary -However, we were
still restricted to Issuing bonds bearing
only 4 per cent interest, and not allowed
to sell them at less than par.
In my annual report of October 81,
1892,1 stated as fellows: “The holders
of the brown consols have not shown
their willingness to exchange them for
the new bonds, but seem to prefer' to
await their maturity before deciding
what they will do. Negotiations for
placing the new bonds have not yet been
completed.’’
During a visit to Charleston prior to
October, 1892,1 was told by more than
one prominent bondholder and financier
in that city, whose names I can give if
necessary, thpt it was useless for the
State to attempt to refund in bonds
bearing less than 5 per cent interest.
One of these gentlemen went so far as
to say that Inasmuch as the State had,
under the Consolidation Act of 1878.
settled with the holders of her bonds, at
fifty cents on the dollar, she ought not
to expect her bondholders to exchange
their maturing bonds for other than 5
per cent bonds.
While in New York prior to October,
1892 I was-assured by a prominent deal
er in South Carolina bonds that the
State could not float a bond bearing less
than 5 per cent interest, and could not
even float a 5 per cent bond unless she
made some settlement of the nqn-fund
able bunds listed on the Stock Exchange
amounting to $5,966,000, and other
bonds in which there was invalidity.
Copies of our Refunding Act and the
best ghowlng of our finances that could
be made were presented in person or
through the mail to such houses as
Drupel, Morgan & Co., but without re
suit.
We have been criticised for allowing
on* man to have an exclusive option on
the bonds to be issued. We were led to
the adoption of this plan on account of
the bad condition the State’s credit was
la, nnd we had in mind the experience
of Treasurer Bamberg when he under
took to refund the deficiency bonds,
amounting to only $400,000. Some of
ihe newspapers that noticed his adver
tisement savagely attacked the credit of
the fitate, both in Europe and the Unlt-
terboro two year* ago. I never received «d States, and iJdicnted the invitaUon
one dollar of Rhind’s commission, and
never made any agreement, directly or
indirectly, with Rhind or anyone elm
that would give me compensation fur
making the contract upon the terms
agreed upon. I work, il in the Statu’s
interest and for her bi naflt wholly, and
it is simply damnable that the paper* of
the State should give currency and quasi
endorsement to these repeated slanders
and lies.
I take occasion to say that the work
done by Dr. Bates was entirely otaside
of and apart from his official duties and
that every criticism of him for it,in my
judgment, is unreasonable and Unjust.
He consulted me as to the propriety of
doing It, and I did not then, and do not
now, see why he should have refused to
do the work that in no wise conflicted
with, his official duties and which did not
cost the State one cent. On two occa
sions Dr. Bates, in the pienfltnde of
OMtion for what he supposed Ip be for
the beat interests of the State, refused
to sign the modifications of the contract
which the exigencies of the situation de
manded, and I overruled him^. because 1
saw. M was oar fust and only chance.
The agreement to do the work for the
syndicate was made two weeks after the
last compact was signed, and he signed
tlM# under ibjt pnmiMlnu I wt# Msoci
sted with hhn few years on the terms of
V he is 'not an
for bids for South Carolina bonds! Other
parties wrote him insulting letters. We
know also there were dissatisfied holders
of invalid State bonds, and other pre
ferred creditors of the State, who were
aware that the State was approaching a
financial crisis! They knew that almost
her entire bonded debt, and on which
she was psying 6 per cent interest, wss
about to mature, and practically the
Slate had not • dollar with which to pay
i», and they were planning to take ad
vantage of the iituation to force the
State to settle their claime. We were
infermed > that other States and com
munities had floated bonds advantage
ously through brokers or promoters.
Therefore, on February 20, 1892, the
Governor and myself, in the exercise of
the discretion allowed us in the Refund
Act, made an agreement with Mr. J. G.
Zacbery, of New York, graining him an
exclusive option for ninety days on the
entire issue of new 4 per cent bonds
This gentleman presented testimonials
from prominent business and represent
stive men in New York and elsewhere
He, however, failed to secure subscrip
tions for the bonds or contracts for ex
changes, and dropped the matter at the
expiration of the tim*
On the 16th of May, 1892, an option
was granted to Mr. CoMen Rhind, of
Augusta, 9;l, who pRmiled letters
from pn ‘
with
«C»Sih!»lw>d
«owa BmtaanAef^SMygto, Our agree-
ub»m, vra.j wuv pre^uyou ivtvers
t prominent finaneiers in New York,
> whops he hadbusbtees connections,
prominent tmsinsas men of oar
taking the entire'israe of 4 per cent
f inds at par a commission of $120,000.
he statement in the New York Times
that he wss offered 5 per cent on $»>,-
000,000 of 4 per cent bonds fourteen
months prior to time of issue is not
true
After some months spent in New York
Mr. Rhind failed in his efforts, and re
ported that he did not think it possible
for the State to float a bond at par bear
ing less than 4} per cent interest, and
that South Carolina 6 per cent bonds
were selling at ninety-five cents on the
dollar.
On September 5, 1892, Col. Mike
Brown, of Barnwell County, S. C., was
granted an option. The commission al
lowed in this agreement was three per
cent. He also failed in his efforts and
reported that a 4} per cent gold bond
could be fioatea dt par.
During the month of October, 1892,
Gov. Tillman and myself visited New
York, and remained there soma werks,
trying to induce capitalists to take tie
issue of bonds then provided for. We
did not succeed in our efforts. Gover
nor Tillman in an interview qublished
in the papers soon after his return from
this visit to New York said: “There is a
strenuous effort being made by the hold
ers of the old fraudulent bonds to force
the State into some sort of recognition
of their claims, and some of our own
people in Charleston are in conspiracy
with New York sharks who fattened on
the misfortunes of our people in the
Reconstruction period, and owing to the
virtual cessation #f business produced
.by the Columbus celebration and the
feeling of unrest and distrust which ex
ists because of the uncertainty as to
which party will be victorious in the
coming election, we founnd capitalists
unwilling to make any offer that we
could accept.”
The South Carolina bondholders evi
dently and most naturally perferred to
have their six per cent bonds continued
and at the session of the Legislature in
1892 an apparent effort was made by
Col. J. O. Haskell to have them contin
ued for fonr years and this had a very
demoralizing and depressing effect upon
the negotiations then pending In New
York.
After our return from New '£nrk I
urged Gov. Tillman not to abandon all
effort even for a time. If public effort
on our part was to be abandoned I ad
vised that private effort through a brok
er be continued as we had no time to
lose and the danger was great on ac-
connt of the serious difficulties in our
way. Mr. Rhind was confident if his
plans were approved and he was allowed
an opportunity he could succed in ar
ranging with a syndicate to take our
bonds and enable us lo float the debt
advised that the opportunity be given
him and tbe result was most fortunate
for the State. In my annual report of
Oct. 31, 1898, a.statement of the refund
ing matter is given and all the details of
the work put foith.
This sgreement with Mr, Rhind was
suggested by him, and made early in
November, 1892. It authorized him to
open negotiations on either basis stated
below;
“1st. To sell the present issue of
bands ai 95 per cent; that is st par, less
a commission of 5 per cent.”
“2nd- To sell an Issue of 20-40-year
bonds bearing interest at the rate of H
per cent, to net the State par.”
“It being understood as part of this
agreement that either transaction will
necessarily be submitted to the Legisla
ture of the State for ratification, and we
pledge ourselves to recommend to the
Legislature the passage of an Act ratify
ing such transaction.”
During the month of November Mr.
Rhind submitted a proposition from Mr.
French, then president of.the Manhattan
Trust Company, on the part of said com
pany and its associates. It was upon
this proposition as a basis that tbe Re
funding Act of 189? was introduced into
the Legislature." this Act was the same
as that of 1889 and 1891, except that it
provided for 4| per cent bonds Instead of
4 per cent bonds, and they.were to be 20
40-year bonds Instead of 40-year bonds,
and provision was made for a culmina-
tive sinking fund to be derived from the
royalty on the phosphates.
The proposition of Mr. French was to
take 20-40-year 4i percent bonds at par
and place to the credit of the State in tha
Manhattan Trust Company $250,000 by
December 1, 1892; $5,000,000 by January
1, 1893, and any balance that may be
needed by Feb, 1,1893. Unfortunately
Mr. French soon afterwards became ill
and died. During his brief illness some
of his strongest associates withdrew,
having become alarmed at the unusual
shipment of gold from the United States
to Europe—the first decided indication
of the approaching terrible panic of
1893.
“Mr. Rhind, however, continued his
efforts, assisted by one or more of the
associates of Mr. French, succeeded in
organizing a syndicate of New York,
Baltimore, Richmond, Charleston and
other capitalists, of which the Baltimore
Trust and Guarantee Company. Robert
C. Davinson, president, was the agent.
This syndicate, after much correspond
ence and delay, entered into a written
contract with tha State on the 19th day
of January, 1898, to take $2,00000, of the
bonds flat, and were allowed an option
on the remaining $3,250,000 until Anril
1,1893, at the same price. On the 7th
of March, 1898, the syndicate exercised
the option, and an amended contract
was r.*de binding them to take the en-
tirj istne.” The bonds were to bear
interest from January 1,1993.
Copies of the original and the amend
ed contracts are on file, also copies of
all the agreements with the brokers and
tha sxtenaive correspondence and all
easily scoessable.
The Act of 1099, andsr which the re
funding took place, appropriated the
mission. Not s dollar of this money
was used aqd strictly speaking no com
mission was paid by the State to anybo
dy The interest from January to July
1893, as required bv the contract, was
paid, every cent of It, to the Baltimore
Trust and Guarantee Company, or to
the subscribers of the syndicate upon
their order. How the syndicate settled
with Mr. Rhind was his and their own
affair and sne with which the State had
nothing to do. The State would gladly
have saved the six months’ interest, but
her danger and extremity wore such that
she had to par it and under the circum
stances the was glad to pay it in order to
be prepared to meet her debt maturing in-
July, 1893. She had not the money in
her treasury and was obliged to sell
bonds in advance in order to raise it.
Had an offer to take gold bonds been ac
cepted I believe she would have been
forced to pay interest from January to
July, 1893, just the same. '
The ^ct of the Legislature authorized
the payment of this interest, the contract
required it and both Act and contract
were sustained by the Supreme Court.
The bill was introduced apd passed by
the finance committee after' all the de
tails of the contract had been Submitted
to them and approved.. The only bona
fide offer made by any responsible party
before the contract with the Rhind Syn
dicate was signed, wss one by Mr. E. H.
Pringle, of the Bank of Charleston, to
take $250,000 of the bonds at 97 per
cent. This was much less than we sold
the whole lot at.
Any assertion that members of the
syndicate offered to take the bends at
3-4 of 1 percent is false, and some of
the Charleston holders of the old bonds
antagonized the State throughout. Gov.
Tillman was convinced that they schem
ed In every way possible to keep us from
refunding the debt at all and desired to
get us in their power and then dictate
hard terms. The editorial columns of
the yews and Courier at the time were
cited by him to sustain this conviction.
There was doubtless deep chagrin when
they found we succeeded in refunding
the debt without them.
As for Mr. Rbind’s commission it was
matter tint concerned him and the
syndicate. Every banker and capitalist
in the State knows that the State debt
was refunded to great advantage and as
economically as could be expected under
the circumstances in the face of such
strong Deposition at home and abroad.
Tbe charge or insinuations that I have
shared in the commission allowed by the
State are false and without foundation.
After earnest solicitation to do the
work, and when I saw that it would not
conflict with my duties as State Trearur-
er, I did render the syndicate much val
uable and responsible service, for which
I accepted compensation, not a cent of
which came out of the State. Thesq ser
vices were some extra official, and others
unofficial, and were services which I
could not have been expected or requir
ed to perform as State Treasurer. They
facilitated and expedited the work of re
funding, and in rendering them I pro
tected the interests of the State. The
matter was not one to he published in
an official report, but was known and
approved of by personal friends and ac
quaintances of both factions, who arc
as honorable as any critics in the land.
1 have in no way violated my official
trust. On the contrary, the compensa
tion received by me was for the services
rendered the syncicate growing out of
an unprecedented financial panic then
raging over the entire country and
threatening to defeat the contract into
which we had ' ’ entered—
matters arising after the contract had
been made, and which but for the ser
vices I had rendered would have imper
illed tbe settlement aud disabled the
State from meeting its maturing obliga
tions.
The records and vouchers in this re
funding matter have been carefully ex
amined by two committees—one of the
Legislature and the other of the sinking
fund commissioners. Transactions cov
ering the recording, cancelling and filing
away of nearly five and a half millions
of Brown consols, and the recording
and reissuing of an equal amount of
new bonds, and the handling of nearly
$3,000,000 of cash involved in the re
funding, all done dnring the panic of
1893, were carefully examined, and every
vbneber, entry and figure were found
correct.
The credit of the State has been re
habilitated. She has out now bonds
bearing only 4} per cent interest, and
they sell readily from 109.50 to 110. In
1892 her bonds bore 6 percent interest
and sold as low as 95, and some of her
most influential and waalthy capitalists
were busy undermining her credit.
The successful refunding of the State
debt during one of the worse panics this
country has ever known entitles Gover
nor Tillman and myself, the persons
charged with this responsible, difficult
and delicate duty, to some honor and
credit, and I confidently believe these
will be fully accorded us by an exacting
but jnst people, though there be those
who would not only rob us of that cred
it, but would rob us of character as well
if they had the power.
In faithful service for the State I have
done what I could.
W. T. C. Bates,
State Treasurer.
G. 0. P.
A SYNOPSIS OF THE ST. LOUIS
PLATFORM.
It Oecleares For a Gold Standard
And Upholds The Monroe
Doctrine.
The platform is substantially as fol
lows-
After a. lengthy preamble in which
IRBY BACKS DOWN.
to
Because He Has Not The Manhood
Stand The Racket and Make a
Loosing Fight.
Laurens, S. C., Jun* 17—In
a short interview with Senator
Irby today your correspondent
asked him this question:
“Will you be at ManninR
next Monday, Senator?” To
which the senator answerd: “No.
I shall not attend that or any
erely denounced, the money plank is
readied and reads: “The Rp| ublican
party is unreservedly for sound
money. It caused the enactment of
the law providing for the resumption
of specie payments in 1879; since then
every dollar is as good as gold. We
are unalterably opposed to every
measure calculated to debase our cur
rency or impair the credit of our
country. We are, therefore, opposed
to the free coinage of silver except by
international agreement with tbe
leading commercial nations of the
world, which we pledge ourselves to
promote, aud until such agreement
can, be obtained the existing gold
fAy to parti**- Stoking fund for toe payment of aeon
Cure for Headache.
As a remedy for all forms of
Headache, Electric Bitters has
proved to be the very best. It
effects a permanent cure and
the most dreaded habitual sick
headaches yield to its influence.
We urge all who are af&icted to
procure a botttle, and give this
remedy fair trial. In cases of
habitual constipation, Electirc
Bitteres cureby giving the need
ed tone to the bowels, and few
cases long resist the use of this
medicine. Try it once. Large
bottles only fifty cents at Dr. J
A. Boyd’s drug store.
standard must be preserved. All our
silver and paper currency now in cir-
cula.ion must be maintained at a
parity with gold and we favor all
measures designed to maintain in
violably the obligations of the United
States and all our money whether
coin or paper, at the present standard
the standard of the most enlightened
nations of the earth.”
“We renew and emphasize onr alle
giance to the policy of protection as
the bulwark of American industrial
independence and the foundation of
American development and prosper
ity.”
The platform denounces the present
Democratic party as “sectional, part
isan and one-sided and disastrous to
the Treasury and destructive of husi
ness enterprise;” demands such an
equitable tariff on foreign imports
coming into competition with Ameri
can products, “as will not only fur
nish adequate revenue for the neces
sary expenses of the government, but
will protect American labor from de
gradation and the wage level of
other lands;” declares that the party
nelieves in liberal reciprocity and just
relation; favors restoring the early
American policy of discriminating du
ties for the upbuilding of the mer
chant marine; condemns the present
administration “for not keeping faith
with the sugar producers” aud says:
“The Republican party favors such
protection as will lead to the produc
tion on American soil of all the sugar
which the Americans use aud for
which they pay to other countries
more than $100,000,000 annually.
The foreign plank, drawn by Sen
ator Lodge, is general in its nature,
outlining a policy in regard to all
current foreign questions. It con
tains a declaration for the protection
of American citizens; reaffirms the
position of the party in favor of the
Monroe Doctrine; endorses the ad
ministration of President Harrison on
the attitude of this country towards
Hawaii; demands protection for
American missionaries in Armenia;
expresses sympathy for the Cubans
in their warfare for independence and
takes a position in favor of awarding
to them belligerent rights.
Civil service reform is approved and
the exteusion of the principle wherev
er practicable. The use of public
money for sectarian purposes and the
union of church and State are oppos
ed. A declaration is made in favor of
arbitration between employees and
employers but not specific legislation
is demanded.
A declaration is made iu favor of
liberal pensions and the present ad
ministration is denounced for drop
ping from the rolls without examina
tion deserving soldiers.
The building of the Nicaragua
Canal by the United States govern
ment is favored.
The audience and delegates follow
ed the reading with intense interest
The reference to the administration
of Benjamin Harrison evoked the
first demonstration, but louder still
came the roar when the words of the
platform pledged the party again to
the doctrine of protection in the in
terest of American labor and Ameri
can industry. The reference to the
restoration of the policy of recipro
city as the twin brother of protection
also came in for a round of applause.
Protection to the sugar industry
aroused the Louisiana delegation to
cheers and the merchant marine
plank brought Maine, Maryland and
Massachusetts’ delegations to their
feet with three cheers.
Value of Newspaper Friendship.
Every newspaper treasures
up in its memory the names of
its friends and, likewise, its
enemies. It seldom if ever,
overlooks an opportunity to as
sist the former, but never goes
out of its way to boost the lat
ter. Human nature is pretty
much the same everywhere.
People who show the newspaper
man kindness never made a bet
ter investment or one that more
surely pays them a hundredfold,
sooner or later. As has been
trulj said, there comes a time
in the life of every man when a
word said by a newspaper eith
er makes or unmakes the indi
vidual mentioned. — German
town (Penn.) Independent.
Senate. I had intended up to
a short time ago to ask for the
nomination at the ensuing pri
mary, but have concluded not
to enter the contest. From ad
vices received from different
sections of the State I concluded
that my motives and official
acts for the last year have been
misunderstood by the faction
of which I was a charter mem
ber. It is apparent from these
advices that I must antagonize
those with whom I have co
operated politically since 1886
It seems that the entire mach
inery of the party government
has been organized to humiliate,
defeat and destroy me. This
would not have been but for a
misunderstanding of my mo
tives in opposing the equal di
vision of delegates to the Con
stitutional Convention, the de
fence of the name of Butler in
that Convention, my opposition
to the plan of suffrage as adopt
ed, and the uncompromising
position taken by me in opposi
tion to a bolt in the late State
Democratic Convention. In ad
dition, If I were to run with.my
old friends organized against
me, I could only expect support
from those heretofore my politi
cal opponents, which would be
distasteful to me, as they owe
me no favors. In arriving at
this conclusion I desire to say
that I cherish no spleen towards
those whom I believe miscon
strue my motives and political
course recently, and confident
ly anticipate the future to vin
dicate those positions and poli
cies.”—News and Courier.
Why suffer with Coughs,
Colds and LaGrippe when Lax- 1
ative Bromo Quinine will cur*
you in one day. Does not pro-'
duce the ringing in the head
like Sulphate of Quinine. Pm
up in tablets convenient for tak
ing. Guaranteed to cure, or
money refunded. Price, 25
cent*. For sale by O. B. Davis,
Darlington Lodge.
No. 7, Knights of Pythi
as, meets on 1st and 3rd
Tuesday Evenings in
each month, at Castle
Hall, Florence street
opposite Broad. Visit
ing brothers fraternally
nviti.
THF BANK OF DARLINGTON.
DARLINGTON. S. C.
CAPITAL, _ — — — $100,000
SURPLUS, ----- $50,00o
Savings Department,
Interest allowed at rate of 5 per
cent, per annum from date of deposit
—payable quarterly on tne first day of
January, April, July and October.
Transacts a General Banking Business.
O
DIRECTORS:
W. C. Coker, J. L Coker,
R. W. Boyd, J. Gregg McCall,
E. R. Mclver, A. Nachman,
Bright Williamson.
BRIGHT WILLIAMSON,
President.
L. E. WILLIAMSON,
Cashier.
Have That Old Bicycle Fixed Do
and made to run easy and look attractive
We hnve the proper tools and a specially
trained workman, and Kuanintec henest work
and moderate oharses. It you want
PATCHING RUBBER. CEMENT, ETC.,,
to carry on your trips, we can furnish you
RIDE A MONARCH
If you want to get ahead of the boat and stay
In good tnm for the winter.
W. Li. PEARSON,
Beneath the Enterprise Hotel,
Darlington. - • S. C.
July4’95—lyr.
Miss Floride Cunningham Embarks
in Business in Asheville.
Miss Floride Cunningham,
formerly of Laurens, S. C., has
embarked in the real estate bus
iness in Asheville, N. C. Miss
Cunningham is known in Spar
tanburg, and the following tak
en from the Asheville Citizen
will be of interest to her friends
here:
“Miss Cunningham is a pro
gressive woman, and possesses
the qualities that will doubtless
bring to her share of tho work
that Asheville has for real es
tate agents.
“Miss Cunningham is said to
be the only women real estate
agent south of Washington city.
She is prominent among the wo
men of her state, South Caro
lina, and was lady manager of
the World’s Fair for that state.
She is an able writer, and was
for a long time engaged in spec
ial work for the New York
World and Washington Post.—
Spartanburg Herald.
Iu his baccalaureate sermon
at Harvard Sunday, the Rev.
Dr. Lyman Abbott said: “We
hear the cry that murders, di
vorces and all crimes should be
kept from the press. No! We
want a press that shall tell us
the vices of mankind as well as
th# virtues. The press is a look
ing-glass. We look in it every
morning and we see ourselves
very dirty. But we do not want
to find fault with the glass. We
want to wash ourselves.”
And Napoleon McKinley was
nominated on the anniversary
of the battle of Waterloo! And
Horace Boies lives at Waterloo,
Iowa!—the State.
Mr. J. H. Scarborough made
a trip to Darlington village on
his wheel Thursday.—The Bish-
opville Mirror.
Notice of Final Discharge.
N OTICE is hereby given that on
July 1, 1896, we will file our fi
nal accounts in the office of the Pro
bate Judge for Darlington county as
executors of the estate of Mrs. A. A-
Baker aud will apply for letters dis
missory. J. G. McOALL,
PAUL WHIPPLE,
June 1—4t. Executors.
Is it sort here—just in
new in design—prices so$
small you'll scarcely no $
tice them.—Put a little;
of your silver in some
of our silverware and
idress your table up.-We
Iwill be glad to show you
>all the pretty things
in
JEWELRY.
s.
Jeweler and Silversmith,
DARLINGTON, S- C
M. J. BYRD,
PUBLIC SQUARE.
TFE LEADING
II n
it
Notice to Creditors.
A ll persons HAViNd claims
against the estate of Mist Liz
zie 8 Fountain will present the same
duly attested, and all indebted to her
estate will make payment to me.
JANIE E. FOUNTAIN,
Qualified Executrix.
June 3, 1896.
CREDITORS' NOIICE.
A LL PERSONS HAVINGOLAIUH
against the estate of Mary Or-
mand, deceased, will present them
legally proved to my Attorneys,
Messrs. Spain A Thompson, at Dar
lington, 8. C.; and ail persons indebt
ed to said deceased will make pay
ment to me at Belair, Lancaster
County, 8. C.
S. J. ORMAND,
June 11—8t. Administrator.
s.-s--s. s. * •
SILVERWARE 1
TO WEAR
4*
1
i
i
•v
i
HOUSE IN THE CITY.
NOTHING CHEAP BUT THE PRICE.
Our Styles Always CORRECT
MILLINERY,
HOISERY, VEILINGS, FLOWERS,
LACKS, HI It SONS, COKSKTS, (II.OVKS, AC,
Sale Agents for the World Renowned
Featherbone Corset.
No other house in the city has these
goods. The only guaranteed Corset
on the market. '
New iflea” Fain
At the exceedingly low price of
TEN CENTS EACH.
Kindly call ami inspect our goods care
fully. You will soon he convinced
that it pays to trade at
Mis. BIRD'S, S.C.
G. I HMER &
Manufacturers
—OF—
Doors, Sash, Bliniis,
INdOTJXxDHSTOS
—AND-
Building Material
ESTABLISHED 1842.
CHARLESTON, 8. 0.
April, 20 89—ly