The Darlington herald. (Darlington, S.C.) 1890-1895, November 18, 1891, Image 2
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THE DARUNGTOH HERALD
Kstalilislinl July 16th. IH»«.
Destroyed hv Fire Deeemher l'*th. 1690
Ke-Established Kehruary llth, 1891.
W. D. WOODS,
T. J. DREW.
One
products of agriculture for market,
improved methods of transportation,
and the wonderful modern methods
for the transmission of intelligence,
have shortened the season for market
ing the products of agriculture so
that they are now practically dumped
iijKtn the maket demanding money
kuitous j n ., verv H i lor f 8 . iacc . 0 { time and as
AM) * • 1
phochik.toh*. ; a eonse(|uenee liecome a disturbing
— j influence that causes this great rela
Y enl . ! tive contraetion in« the volume of
H
DAHLINGTOX. S. C.
legal tender, reserves and other
hoards and losses, not over $000,000,-
000. If, therefore, a syndicate able
to control $20,000,000 should take
this sum and lock it up, they would
contract the circulating medium
331 per cent., and the tendency
would be to depress prices exactly in
that proportion; but suppose this
tendency was partially overcolie by
an accelerated speed of circulation
which always accompanies scarcity,
and by various substitutes for money,
and prices were only reduced as a
consequence of the contraction 20
percent. Then they, under an cn
sity for the measure arises in the
class discrimination of the present
financial system: the object of the
measure is to adjust the volume of
money to the demand for its use, so
as to promote stability of prices and
destroy the power of corner money,
and the methods of the measure arc
to proceed iijhiii conservative lines so
as to lienefit all useful classes of
citizens alike. * * *
That
Itilcklen’s Arnica Salve.
The lies! salve in Hie world for cuts,
bruises, sores, ulcers, suit rlieimi. fever
sores,Jettcr. chapped hands, chilblains,
eorns, and all skin eruptions, and posi-
; lively cures piUw, or no pay required, it
Vironmellt of .>4011,(8)0,000 in cirtll- or m0 ncy refunded. Price 2.4 cents per
lution with prices adjusted thereto, liox. For sale at Wilcox’s drug store.
invest their $200.(8)0,000 in farm!
products or in any of the active sta-
pies of commerce. They have, by !
the simple fact of investing, changed
Y o ii r H a i i'
may retain
its yt uvh.ul coier,
fullness, and b :auty,
dress it flr.ily
with
Ayer’s Hair Vigor
It cleanses the
scalp, cures humors,
and stimulates a
new growth
of hair
Dr. 4, 0. Aver & Go.
Lowell **)s.
WE WILL 11ECEIVE
THIS WEKE
w
Two Gar Loads of
IT IS DNHECESSARY
GOTO
()11< «» ‘ v ' 11 ‘ money. This contraction of the
volume of money is attended with a
powerful tendency to falling prices
which is most potent upon the pro-
Wednesday, Nov. 18, 1891 • 1 ducts of agriculture, because they
— i are the disturliing influence that is
Some of our contemporaries have demanding money from other chan-
occupied, in a political sense, the nels of business. This position is
fence for so long a time that, it! demonstrated by the fact that the
would lie a good idea to cushion the] average fluctuation in the leading
top rail with a view of making it a] farm products for the last fifty years the environment tooncof$ti0<),000,-
more comfortable place of abode. A ' has lieen over forty per cent This (MM) in circulation with prices read-
hand rail will not be necessary as] practically shows the effect upon : justed, and by reversing the above]
the occupants, from long practice, ; price. The effect njam the money 1 estimate of depressing influence have j
are perfectly able to preserve their of the country is fully as striking. ] augmented prices 2a jier cent, and
balance without the least danger of | 1 mho fall months of 1890 the | have gained $50,(KM),000. Verily, no J
falling. It may not, however, Ik* | Secretary of the Treasury was com-: man ou the earth, except those in-j. inirffc) R D C 0 0 000110
amiss to strengthen the fence a little pellcd, in order to avert a panic in j terested in seeing the exploiter exact j I U II t U U uUUUui
as it has, just at present, a pretty ,\„w York on account of the scarcity tribute from the productive interests '
heavy load to carry. of money, t« pay out $200,000,(MM), j of the country, can justify a system
. . . ami at the same time the bunks used that furnishes an inflexible volume
behave never bad any 111 s^fMM),(MM), claiming house certifi-] of money to handle a volume of bu-
tion for Sinatoi r i\, m wi ' 1111 cates in the iilace of monej - , the law si ness that is twice as large at one;
moat > conmuiK uni <i u. them to hold as reserve season of the year as it is at another
against dejiosits; and money ruleil in season.
Wall Street at 188 per cent on call. The principle of the sub-treasury
The following May, •lunc and plan is that the volume of
July the condition was changed, i shonld not bo controlled by the cap-
The reserves had been made good italists, neither shonld it lie arbitra-
in money and the banks reported a rilv controlled by the government,
$20().0(M(,00(i surplus. This took but should Ik* increased or diminish-
$50,000,000 out of the business of ed bv the government under an
the country, the gold eximrts automatic regulation that will keep
party. We wont undertake to ‘‘‘I'' amounted to $72,000,000. The in- the ratio ladween the volume of
Nice: Horses
FKO.M KENTIT'KV,
Including Fifteen Standard Bred
To attempt to enumerate
our store!
all we have in
Trotting' Mures.
MtCiLL"■BURCH
And see Their Line of
TRIM MINOS,
We have
on hand a large
Wed Wust I'roof
lot of
SEED OATS.
&
We have anything* you want and
Guarantee - Satisfactory - Prices.
Larost Ml Mast Variatf! Lowest Prices.
Conic to IIIMIMir tltTIIKN anil wr will
Welcome I on.
Melfl Fire & lari
liESI'Et TFI LLY.
open and avowed determination to
support Cleveland for President,
and to use his influence to induce
the sub-treasury advocates to fall
into line also. Col. Folk, ou the
contrary, says that lie will not sup
port Cleveland if he is nominated,
and practically says that he don't
intend to stand by the DenwH-ratic
We won't undertake to sav
IXSl'KANCK Co.
SI’liINGFIELD, Mass.
I A ••“iiey at Darlington, So Ca.
II. L. CM AB LKS. A gen
—
PETER BOWLES
DOES FI I»ST CLASS
Edwards, Norment & Company,
NEW SHOE STORE.
Hanging*,
which is the better representative of
the Alliance, but there can Ik* no
doubt as to which is the better
Democrat
i crease in cash in the Treasury was
; almnt $37,000,000, and the cancella
tion of National hank notes about
$4,500,000, making a contraction in
We are inclined to think that it! the three months of ovei $1«0.()00,-
would Ik* well for the legislature to 000, and money was reported a drug some non-essential details. It is
demand for its use
•nine all seasons of
money and the
practically the
the year.
3. The details of the sub-treasurv:
There'is some essential details and
Paper
CENTS’ : FUKNISHINC : C 0()1) S Kalsomine Work a Specialty.
Before buying* your fall bill. They will be
to show you their goods, and will
*Ie solicits the patronage of
glad
Darlington.
pass an act milking
sponsible for the support of the
panik*r patients it sends to the Asy
lum. The effect of such a law would
be to make the County officials see to
it that no one was sent at the expense
of the County, when their friends
were able to pay for their care. As
the care now stands, there is not
enough care exercised to prevent im
positions in thi: way. Of course
these unfortunate jK-ople ought to be
cared for, but then if their friends
are able to support them they should
be made to do so.
iwh Cwintv re-jon thcniHrkd nt.rtilv 0 perwnt ,m nwloss lo iliaonw di'tiill. until nu nr* gUlU'tllltCO tin 1 prices to 1>C low el 10uph fol
™"- r. , ;??.,T l, l u " !!"'.r. h ::i l| ;!r. you. Give us a can.
No eoiintrv in the world ever has Io all sueh, therefore, us inapt tilt .
iK-en controlled by conditions (hat foregoing demonstration of the ne-
produced such great fluctuations in ce8S '*. v ^ or ’ iU '^ statement of, princi-
the relative volume of money every l*' 0 Dn* sub-treasury plan, the fol-|
year, and since this great fluctuation essential detail
is the direct result of the system, i suggestive only.
UESPEOTFL'LI.Y,
McC A
LL & BURCH.
A CARD.
The demand for American grain
in Europe is greater than it has ever
been, and from all indications it ap
pears that i‘ will continue to Ik*
called for in increasing quantities.
Southern farmers ought to take
warning in time and sow plenty ot ;
oats for their stock, and also put a
few acres of their best land in wheat,
for their own use. This is the only true!
solution of the problem of the over
production of cotton, ami just i s!
s(K>n as our farmers fully determine i
to raise nil their supplies at home,
there will be nothing heard about
too much cotton. No farmer can be
truly independent who depends on
another section for things that he
can raise more cheaply at home,
liaise your own provisions, and
where'er possible, and in most cases
it can lx* done, jour stock also, and
you will soon have the West at your
feet, and then force the repeal of the
McKinley Tariff. This is the kind
of sub-treasury you want, and the
only one that will Ik* of any lK*iu*tit.
Of course a great many farmers make
and is disastrous to every productive
and necessary business pursuit, and
beneficial to the exploiter alone, the
necessity is that fluctuations in the
volume of money during different
seasons of the year Ik* stopped. The
fluctuation in the volume of money
reacts the most unfavorably upon
agriculture, Ix-came its products,
wheat or corn, are the distn.bing
influence that produce the contrac
tion, and therefore their prices art*
most effected, and because agricul
ture is a seller during the season in
whice prices are depressed, and a
buyer during the season in which
prices are at their highest. This is
a direct discrimination against agri
culture equal to the tluetation in
price. This discrimination is at
least 40 per cent, but from the cen
sus re|Mirts it can safely be put down
more than 40 per cent. The average
increase of wealth for ten years is
said to be 45 per cent and the aver
is offered as
The auxilliaryl
volume necessan to be furnished by
the government to prevent the regu
lar nnutiul contraction should Ik* a
representative currency based iiihmi
the most potential form of wealth
and redeemable on demand. It
should be issued under such safe and
conservative rates that it would al- 1
ways pass on a parity with gold.
Mflieat iind cotton are suggested us
the basis for this atixillinry volume
of money, not to give any sjiecial
benefit to the farmer or to discrimi
nate in favor of agriculture, not to
give the products any advantage over
any other eomnuMlity, but because
they are disturbing influences that
now pnKluce contraction, and there
fore finish the only In c mcastir.* of
the volume* of supplemental money
necessary to prevent contraetion
without producing inflation, and they
also jkisscss the inherent quality of
lK*iug able to maintain a paper cur
rency on a parity with gold, because
E. C. ROTHOLZ.
HI
are now
Bruclede plaid* and mixtures, with plain goods to match.
Comelstle, a new fabric in 8trcctslinde* made for combination in various novel
devices.
Knlitcd worsted goods for children, also capes for ladies and misses.
Kmlirolderles. 1
Fosters Kid Gloves in leading shades and prices.
I’.ndless variety of Ladies, Misses and Childrens Hose; socks for infants and
ialants cloaks.
Itihbons lo soil Ihc people.
el hi
Imported Uohes, something lo lie admired.
Fancy Goods of all descriptions.
Dress Makers Findings, with prices away down,
and see for yourself.
M ime. Thompson Health Bodice for Ladies (hat cannot wear corsets,
thing entirely new.
\jinn Corset, in Hack and white, beats 'em all. only $t.(Ml.
I
I must insist upon you to come
Somc-
Mr.s. 11. W. Barker bogs to an
nounce that she will reopen her
Millinery ami Dressmaking estab
lishment on or about the 15tb of
September, with Mrs. Doyle (one of
Baltimore's most fashionable dress
makers.) to superintend the dres-
mnkiiig department, and Miss A. L.
Burnette the millinery department.
Lookout for her advertiseti.cut next
week.
WAGONS.
Two-horse wagons are now
Manufactured at
age increase for same time of the iK'ing leading articles of c\|M>rt their
wealth of those engaged in ugricul- P 1 ** 00 ' s K v , * K ‘ single gold slatt-
ture is only 9 per cent. From this dart! of the countries cx]Kirtcd to,
data, and the fact at the Wgining of ll11 ^ therefore certificates based upon
the ten years the funnels owned one- j these products on dejMisit really rep-
fourth of the wealth of the nation, ^"ts foreign gold which is thereby
a very simple calculation shows practically brought into circulation
their own
is to make them all follow the ex
ample of their more thrifty neighbors
that the average in other occupations
during the same time was 57 }K*ri
cent, thus proving the farmers
lacked 48 pel cent of keeping up in !
here to maintain tin* prices which
it makes. The most claimed is
that it will enable tin* producer to
get the quotation price and relieve
provisions, but the point general prosiicritv. If his abili-* h' m f^tm local money, scarcity in
Millinery! MilliflfiFy! Millinery!
Miss Maggie Join's, of James G. Johnson & Co., of New York, Hie tonicst
milliners in the metropolis, will be glad to serve you with the
latest that can he produced.
Our Flue is Strictly first-Clm Call and Sec.
Kespeetfullv,
E. C. ROTHOLZ.
MAH, OltDKKM promptlv attended to.
"Al Tip Com to Time Wfio Wait,”
in this respect.
More About the Sub-Treasury.
Kditok Hkkamk
The argument presented 1h*1ow is
practically the same used by Col. E.
T. Stackhouse in a sjwech la-fore the
County Alliance of Darlington more
than 18 months ago. It is strength
ened, however, by more recent events,
the action of the Secretary of the
Treasury last fall and the report of
the last census, which are referred to.
In its present shape it is extensively
published by Alliance papers North
and South, East ami West.
A concise and systematic maimer
of treating this subject is to divide it
into three parts, and consider
separately, the necessity for, princi
ples of, and the details of the plan.
First. The necessity for the sub-
treasury plan is found in the great
tv, industry and frugality has Ik*cu
equal to that of the average in other
occupations this must represent the
measure of the inequality under
which he lalmrs. Here, then, is the
necessity for the suit-treasury, for
the purpose of preventing the fluctu
ation in the volume of money which
is attended with fluctuations in
prices that are detrimental to all
pursuit* except the exploiter.
Second. The principle of the sub-
treasury is that an auxiliary or sup
plemental volume of money should
be brought into circulation by the
government in times of scarcity, so
as to supply the delici ■ncy and pre
vent sudden and violent eon tract ions
with their sequent effect IIJkiii prices.
This is the only principle there is in
the sub-treasury plan: all thelmlanee
is detail. The great object is to pre
vent wheat and cotton from being a
disturbing influence in the markets
of the country by contracting the
volume -of money and depressing
uuitiiul fluctuation in the relative
volume of money in circulation at; prices so as to produce over 40 )x*r
this time, Mild in the fact, that such
fluctuation is thedirect and unavoid
able result of the present timmcial
system.
ruder the policy of a practically
fixed uumlKT of dollars for the gross
circulating medium throughout the
cent discrimination against ugricul-j
tun* and nearly as much against
commerce and manufacture. He.
who opposes this principle must mho- ] tl,tw T u ^ "‘! h thv farnK ’ 1 '
cute the present system which is
here shown to be a svstem of class
which the purchasing )Miwer of a
dollar is made manv times greater
tlian that o' foreign gold, if, in order
to make this effective, it Ixtoiiics ne
cessary to warehouse these products
and lend the auxilliary volume of
money, there is no direct Iwnefitto.
either party from these purely inci
dental ojierations. There is no Ik-iic-
lit to the farmer from warehousing:
or money Imrrowing as long as he
pays what it costs to do those things;
it is an even exchange of services be
tween him and the government, pure
eo-o]K*ration, an eminently democrat-'
it* function of government. True he
may lx* incidentally Ix-netitted lic-i
cause he had no warehouse, but the
plan is not res]Kmsible for that. Ai
man may exchange a horse for a
piece of land, and the exchange of!
value may Ik* exactly equal, and still |
I he may Ik* vastly beuefltted because;
he had nothing to feed the horse.
Incidental Ix'iietits will flow to the 1
merchant, the professional man and
; the artisan from the vast increase of
l<K*al business and manufacturing
iand local distribution of money in
times of scarcity that will benefit all
It is
true that the farmer will receive a'
Item-fit that no others will, but it is
May sound well to the Philosopher, tint
“HUSTLE OR GET LEFT”
Has a truer ring to the buying public this season.
If there ever was a time when you felt that your
Dollar must do double duty, that time is now.
Ilealizing this condition, we com*.* before the trade
DARLINGTON, S. C.
CALI. AND SEE THEM *
BEFOllE PFUCHASING
ELSEWHERE.
A COMPLETE STOCK OF
Buggies,
Carts,
Harness
AN d—
FURNITURE
Always on Hand.
Undertaker’s
Supplies.
—oooooooooooooooOOt >000000000000000—
WOODS S MILLIN'!
opened a
of
Take pleasure in annottneini; that they havi
Largo anil Complete
ui. l ate pieparcd to suit every one in these very necessary articles
. Mens Bools nutl Shoes. Ladies.
Misses and Childrens Shoes.
Rlibber Shoes of all Sjjtes.
Rubber Goods for Gents, Ladies
and Children. .
Splendid assortment of *
Umbrellas, Trunks, Valise
Ti*a volini>' B?
\s
Shoe Shin*:
and
French
Polish. Black imr, Ac.
complete stock of
Call special
attention to their
Childrens Shoes
AND LATEST STYLES IX STIFF HATS.
NEW STORE!
New Stock! New Prices!
We desire to inform the public that we have opened up a first class
DRY : LOOIIS : STORK.
\Vc want your trade. We hope to merit it bv olferin,* New and Attractive Goods
at the Lowest Possible Prices; realizing that at the present price of cotton, mer-
elnndisc mi st he sold at a snnill percentage of profit.
Here are some of the lines we carry:
Dry Goods and Notions KiiiiliiiEr
If vwtn
IXCLi niXG MANY VARIETIES.
SHOES! SHOES!! SHOES!!!
we can suit the most fastidious. \V<* sell all goods and
In this department
styles. Our Shoes are manufactured for us, and we guarantee them a- represented.
Our Ladies Handmade Shoes at ijut.ot) are perfect beauties.
Oar stork of Mens, Boys and Childrens Ready-made Clothing is verv large We
can lit not only the regular sized men, but also the Long and slim and' the Fat and
sio'i;. Our. lollnng is all manufactured bv Experienced Tailors and wt .Miarantec
a prrlcrt tit at prices unequaled.
IIA IS, sltlltdS, NECK\\ EAR, l nderwear, Hosiery, etc., in great variety We
also carry in stock
,, Willow-ware,
Remember the place; Hewitt Buildim*
BRUNSON
, North side Public Square.
LUNN & CO.
that can not lx* equalled.
We do not ask your patronage simply for friend
ship's sake, or for past favors; but we come us
honest business men and ask your trade for tbe
Dollars ami Cents
With pluck, energy,
that we will save you.
an tmeering judgment, backed by the
American Dollar, we have secured
and
Sulzbacher & Son,
.1EW FI, KltS.
FLORENCE. S. C.
and
DARLINGTON, 8. C
J. F. EARLY
-iihs added to Ids-
W Ii 01 m! e
R e t a i
Almighty
-:o:-
— Intstne.'
Ill : t
efilS: -
discrimination in favor of Ihc specii-
entire year, the relation of the volume Intor. The merchant, lawyer, doctor,
of money to the demand for its use artisan and laboring man are just as
is only about one half us great dur- much interested in stopping this
iug the spring and summer seasons, discrimination in favor of the spceii-
Evcny business man of Darlington lator as is the farmer, tiecuuse it is a
feels the scaicily of the money sup-; discrimination against all those* who
ply just now. There is not enough buy and sell individually and in
money bv half to be had on any con- favor of those who buv and sell in
not directly the result of the plan,
it is incidental lo it and results sole
ly from the alMilishmeut of the 48
per cent discrimination against him.
With this just jtltin in o)K-ration !
the jKtwer of money to Ik* cornered 1
would Ik* broken and the exploiter,
could no longer use the government ]
as an accomplice to help him rob 1
i agriculture of nearly half her pro-!
, - . . ,1 ... . ducts. That is the only iK-uctit that j
dition 111 this town. Improved combines and pools. An example to W(m |,| uc( . rlK . j 0 agriciiltim*, not I
inachiiierv for handling and prepar- illustrate: There is in money, in e'|ually applicalde to all other pro-
iug the cuttou crop as well as all I active circulutiou, after deducting, tlucets. To recapitulate: The neccs-
BARGAINS
that no ninety day credit concern can ever hope
to reach. We are no longer strangers among you,
but have proven the past four years that we fulfill
every promise we make. We now propose to sell
you gtKids at prices to meet those of your cotton.
With many thanks to the public for the very
liberal patronage of tbe past, we respectfully in
vite even - one to
CALL AT OUR NEW
in!
ant
and
and we will prove that we are
LEADERS OF LOW PRICKS.
Very Respectfully,
STAND
still THE
Mr. 11. U. Wood
the public arc in-
—Fire, Life and Accident-
INSURANC
Written in the best of
A. J. BROOM.
Willcox’s Old Drill'' Store.
At Lowest It .(,*.•
J. o.; BRISTOW.
Under the supervision ot
of Columbia, s. c., where
vited to apply for prices on anvthiniv they
want in that line, such as
)
ROOFING,GUTTEHIHG, VJILEI TIN, HUES for TOBACCO BARNS etc
PLUMING A SPECIALITY. •
strictly first class work gimranted at prices
as low as botch work.
Hive Uo a call before placing orders.