The watchman and southron. (Sumter, S.C.) 1881-1930, August 05, 1891, Image 1
tHKS?Mm WATCr.??N, Established April, 18S0.
Consolidated An?. 2, 1881.1
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11^ I ii I- !? I ii ?I il
li ll 1 m m i ia il Si
JI>! il ll il ll ii ll ll ll . U 1 ?IA
L/
kBe Just and Fear not-Let all tbs Ends thou Ain?t t, be tty Coamrj's, t; God's and Truth's "
SUMTER, g. P., WEDNEETAY. AUGUg 5, 1891. _
T S IS TiLU? SOB?HXOSr, SCstablisbed Jane, IcC*
New Series-Yoi. XI. No. L
V^UFO vnnr I introduction ot a bill to tcpeal the 10
frrtHshtft era* Sfad?wdas;,
N. GK OSTEEN,
SUMTER, 8. C.
-;"V"? ? : ;'???.. :
Two ?Kw??Ts per annum-in advance.
0?fr??a?e, 6?st insertion.....,...$1 00
Every subsequent insertion?........... 50
bo mad?i at red need rJ^r^*>^" ^
AB coraanaicatioas which sorjaerve private
Interests Witt be charged for ^advertisements.
Obitn&riea mod tributes of respect will be
charged for.
IPs easy enough
e Ball corset. That's be?
cause it has coils of ?ne "wire
springs iii the sides* They
clasp the figure closely, but
yield to every motion.
They "give", but they come
hack.-. So;<k>es-your money
-if ^QuVe^worn a Bal! cor?
set iwo or uire? weeks, and
Bsd thai you don't like ito
ia & sows.
JL 0. Phelps, ?- RyttenSsrg.
A. C. PHELPS & CO.,
GENERAL
INSURANCE AGENTS,
TJ
Representing
LONDON k LANCASHIRE, of Liverpool.
Tj^NATIONAi; It?rjB?NCE CO., of
Hartford, Conn,
THE ERO^BENCE WASHINGTON INS.
G&., ofcitoridencV&l.
THE SECURITY INSURANCE CO., of
New Haven, Conn.
THE ST.>AUL_ GERMAN INSURANCE
CO., of St. Pani, Mian._~_^~__^_
THE GUARDIAN ASSURANCE CO., of
London.
Insure parties against loss or damage by
fit?V lightning ?aid tornado at the lowest board
?ttl 1 \$? iU?k ?
The ."GUARDIAN" bas the largest paid
np capital of ac j Company doing a fire busi?
ness m tkis-coa^y. ~s~r\- ^
Correspondence solici?ed; Office at Messrs.
J. Rettenberg A Sons, Corner Maia k Liberty
Streets.
- - ' _?' .
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ia es
eui
Ge
ha'
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Read This Carefolly !
44th Year of Successful Business.
Assets $17,000,000. S o rp! us $2.875,000.
BKA80KS FOR PREFERRING THE
Eel.Mutual Hs tarnee Co.?
A. It ts an old Quaker Company, establish?
ed in 1847.
, B. It i carefnlljand conservatively mr -
v a large surplus, ample to guar?
antee a? jogagemenis.
- D. Its assets are securely and profitably
inveeted.
E. It offers ample, modern facilities for the
transaction c f ail business.
F" Its-rates are equitably adjusted: It does
! Bot Jeopardise the security of all contracts
] by conceding too mach ander any.
G. It has had a wide experience, and
"making baste slowly," baa always com?
inan dedttbos apport and patronage of cautious
and disc mmnating investors.
H. It has no capital stock npon which to
?arr dividends, its business is therefore
: condocted without' this element of expense.
There is nothing which is safe and desir?
able in life insurance, no new and com?
mendable feature: tbii is omitted from the
revved forms and plans of this well-tried and
enduring institution.
OFFICERS.
..Edward M. Needles, President.
Horatio S. Stephens, Vice President.
* iknry'C. liroWrr, Sec'y and Treas.
Jesse J. Barker, Actuary.
iii G. PHELPS & CO., AGENTS,
"- SUMTER, S G.
! J?O03?i :
HOLMAN & LEMASTER.
COiffBA^fOES AND BUILDERS,
SUMTER, S. C.
[LL MAKE BIDS ON ANY WORK
in City or County, and will do all
work with- despatch and io best of work
^^Cilttg^j; maS! or otherwise responded to
promptly. Can be found a S present at build
ingsoa Westend of Calhoun Street.
E. ff. fiOLMAN,
; gqn g&r-y. t. G^ F. LaMASTER.
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1
I L W. BRADKAM,
IWheel^rrightandSlacksmith
J SUMTER, S. C.
[ f AM PREPARED TO REPAIR AND
? X Rebuild, as well as to bnild outright, ail
. kinds of Vehicles. J
- H02SE-SB0EING A SPECIALTY.
? Als? repair all parts of broken Machinery.
Keep on band a stock of Cheek and Globe
Valves and Fittings. Also keep Pomps on
band and put them down. I handle the
: ~SBJ$ra& SO?S IMPROVED GIN, .
I ^ market, and ! A
ADVICE TO WOKEH
If you would protect yourself
g from Painful, Profuse, Scanty/!
Suppressed cr Irregular Men-j
struation you must use .
BRADFIELD'S 1
FEMALE
REGULATOR
CARTEBSVTIXE, April 26,liSSS.
This Trill certify that two members of my
trmiiedi'?te faroily, af ter having suffern I for
?ears from Menstrual Irregularity,
eing troated without benefit hy physicians,
were at length completely cured by one bottle
of Bradfield's Female Kegulator, Its
effect is truly wonderfuL J. W, STRASGE.
Book to "WOMAN "malled FREE, which contains
- valuable Information on all female diseases.
BRADFIELD REGULATOR CO..
ATLANTA, GA.
J70S SAT.r. BY AT,Tt DJ?ZTGGISrS,
For Infants and Children.
Castoria. promotes Digestion, and
overcomes Flatulency, Constipation, Sour
Stomach, Diarrhoea, and Feverishness.
Thus the child is rendered healthy and its
sleep natural. Castoria contains no
Morphine or other narcotic property. .
.* Castoria is so well adapted to children -mat
1 recommend it as superior to any prescription
known to me."". H. A. ARCHER, M. ?>.,
Ill South Oxford St., Brooklyn, N. Y.
<fI use Castoria in my practice, and find it
specially adapted to affections of children."
ALEX. ROBERTSON, M. D.,
1057 2d Ave., New York.
"From personal knowledge and observation
F can say taat Castoria is an excellent medicine
for children, acting as a laxative and relieving
?he pent np bowels and general system very
nach. Many mothers have told me of its ex*
?lient effect upon their children."
. - _.. DB. G. C. OSGOOD,
- r*- ? - - - jXowell, Mass.
ax CENTAUR COMPANY, 77 Murray Street, N. Y.
jre You Interested?
ire you suffering with any of the following
nptoms: Loss of, or irregular appetite,
s of flesh, a feeling of fulness or weight in
i stomach, acidity, flatulence, a duli pain
th a sensation of heaviness in the bead,
!dinees, constipation, derangement of bid
T8, heart trouble, nervousness, sleepless
?8, etc. Dr; Holt's Dyspeptic Elixir will
e you.
6V. A. Wright, the Comptroller General of
orgia, say3, three bottles cured him after
ring tried almost everything else.
Fudge E. F, Izlar, Macon, Ga., says, Holt's
xir accomplished what all other remedies
led to do, a perfect cure.
J. E. Paollin, Ft. Gaines, Ga., writes : C,I
ve?o hesitancy in recommending it, as it
red me of dyspepsia.
For any further information inquire of
ur druggist. For sale by all druggists.
H.-A. HOYT,
Successor to
C. I. HOYT & BRO.
! I
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r
a
I
I
i:
x
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i
I
old and Silver Watches,
FINE DIAMONDS.
Clocks, Jewelry, Spectacles,
B?R?DEN BRITANIA SILVERWARE, &o.
REPAIRING A SPECIALTY.
Feb 1_
HE SI3I0NDS NATIONAL BANK,
OF SUMTER.
FATE, CITY" AND COUNTY DEPOSI?
TORY, SUMTER, S. C.
tid up Capital $75,000 00
irpiusFund ...... 9,250 00
Transacts a General Banking Business.
Careful attention given to collections.
SAVINGS DEPARTMENT.
Deposits of Si and upwards received. In
rest allowed at the rate of 4 per cent, per
inum. Payable quarterly, on first days of
,nuary, April, July and October.
R. M. WALLACE,
Vice President.
L. S. CARSON,
ug. 7 Cashier.
m um DP surat,
SUMTER, S C.
CITY AND COUNTY DEPOSITORY.
Transacts a general Banking business.
Also has
L Savings Bank Department,
Deposits of $1.00 and upwards received,
iterest calculated at the rate of 4 per cent,
ir annum, payable quarterly.
W. F. B. HAYNSWORTH,
A. WHITE, JR:., President.
Cashier.
Aug 21.
BR. E. ALTA SOL!
VER
j
DENTIST.
Office
BROWNS & PURDY'S STORE.
Entrance on Main Street,
atween Browns & Purdy and Duraut & Son.
OFFICE HOURS:
9 to 1.30 ; 2 to 5 o'clock.
Sum.ter, S. C , April 29.
IJTW. DICK, D. D.S.
Office over Bogin's New Store,
ENTRANCE ON MAIN STRKKT
SUMTER, S. C.
Office Hours.-9 to 1;30 ; 2:30 to 5.
Sept 8_
)r. T. W. B00KH?ET,
DENTAL SURGEON.
Office over Bultman & Bro.'sShoe Store.
ENTRANCE ON MAIN STREET.
SUMTER, S. C.
Office EouWr-9 to 1:30 ; 2:30 to 5.
prja IT-o_
radycrotine Only n Headache Cure
[Copyright, 1831, by American Press Associa?
tion.]
CHAPTER IV.
Perhaps they tccrc not kiszirig.
An unhappy EC an during the ensuing
week was Farmer Heinrich Kropff.
When not in anxious private consulta?
tion with the Goldbug, who seemed to
have become a fixture on the place, lie
.was sunk in melancholy or in such nerv?
ous plight that a trivial thing would
suffice to throw him into a passion.
Frau KropfiT did. not scruple to free her
mind of the vehement conviction that
"some guilty secret" was worrying him,
and had pleasing snggestive stories to
teil of a man in Schnorenberg, of whom
sh? once heard, who went on in that way
limself.
One day those shrewd betrayers,
iessrs. Cute and Sharp, reappeared at
he farm. Sight of them transformed
lerr KrepiFs grief to indignation.
"Robbers! Schwindlers!" he cried. "I
ot a boor opinion of you. Vat tuyfel
hall ha^e sent your ehkinny faces my
ay to schmell out more about my farm
s I know mineselluf? Vas I not a fool
rben 1 give you bermission that you
hall schnoop about my blace? Heh?''
They laughingly replied that it was
oo late to talk about that now; business
ras business, and there was no reason
?dry they should not utilize a good thing
hat he did not even know he had. He
wore that he would not sell the farm to
hfvnr?,, i.iot they (lid not appear either sur?
mised or disturbed, merely replying that
'the courts would settle that" Herr
Iropi? -shuddered. Like mest honest
nen he had a horror of courts. Finally,
fier a long consultation between the
?artners, Mr. Sharp said to him:
"We have a great regard for you, Mr.
iropff, and do not want to be hoggish
n this matter, so we can probably agree
ipona compromise that will be mutually
atisfactory. We only want the uorth
rn half of your farm, and will pay you
or that the same amount that wo had
tgreed to give you for the entire place,
furthermore, we will let you have in
)ayment stock in thc company we are
?rganizmg, and will put you in on the
ground floor. In other words, you shall
lave two thousand shares at fifty per
:ent. of their par vaiuo, the price at
vhich will be put upon the market the
irst twenty-five thousand shares."
"How many shares altogether rill
here l>er
"One hundred thousand. The divi?
dends on your two thousand shares will
iring yon in from eight husdred to one
housand dollars a month at least, and
f you choose to sell out within six
nonths you will get probably twenty or
wenty-five dollars per share. "
To that arrangement, with little hesi
ation, the farmer agreed. Aside from
he brilliant prospects^ opened up by
tfr. Sharp's scheme, ho had an idea
iboi he thought was his own, though in
reality it was a ray from the Gold-bug's
genius, and its magnificence easily rec?
onciled lum to the compromise pro?
posed.
"Frankly, Mr. Kropff," said Mr. Sharp
is he re-entered his buggy with Mr.
[2nte to drive away, "I am very glad
that an amicable understanding has
been reached between us. The thing is
so big that we can afford to be liberal,
md hardly any price would ho too much
to pay for the good will of so estimable
ind ple:isant a neighbor as yourself. lu
four or five days I will bring you tip
your stock and we will make tho trans?
fer."
Mr. Chipland was present during that
interview, bat took no part in it and no?
body eeemed to notice him.
When the New Yorkers were gone
Fanner Kropff went out to the barn
alone, and using a piece of heil on the
smooth face of a toolroom door, plunged
into a sea of calculations. He would
not be oversanguine, he said to himself,
and so would take as a basis the lowest,
and not tho highest, figures of income
that Mr. Sharp had named-eight hun?
dred dollars per mouth or nine thousand
six hundred dollars per annum. That
he could easily loan on good security at
six per cent. Allowing one year for ac?
cumulation of that sum, as a starter, in
ten years more dividends and interest on
his loans would have reached t!:e sum of
?131,265. But his magnificent idea would
dwarf that, lie, without any company
to share the profits, would work the
southern half of Iiis f;?rm asa gold mino,
and of course it would ?jay him a rev?
enue equal to all that the company would
take from tho northern half, or, in other
words, fifty times as much as he would
pet from his two thousand shares. In
eleven veal's, then, he would have from
that source $6,713.250. The contempla?
tion of those figures almost took his
breath away. Again and again he went
over them, each time exclaiming "My
gracious!" when he reach* ? the grand
total of the two sams-$6,847,515.
"I viii be one of the richest men in the
vorld!" he exclaimed.
Tearing himself away from the fas?
cinating exhibit, he started for tho porch,
walking with a stately, formal tread, as
bo deemed becoming fora man oi his
means. Just as he was about to take
his seat-which already almost seemed
a thron?-his eyes fell upon ftwo figures
down at the gare opening into the lane,
the figures of;'Lieschen and George, face
to face and both leaning <?n the gate.
Perhaps they were not kissing: but if
not they were at least close enough to?
gether todo so. Obeying his first ra?
pids-, the old man strode to them and
roughly broke in upon their tender com
mnnings with the stern proclamation:
"Look here, now, I got enough of
that. Don't let mc have some more of
this foolishness. Lieschen, go in the
house."
"Why, Mr. Kropff, what is tho mat?
ter?" exclaimed George in blank aston?
ishment.
"There is nothing the matter but your j
schnoopin about here after Lieschen, j
young man," retorted the former severe?
ly, "mit ve stop that right now."
"Oh, father!" cried thc girl in an
agony of apprehensive alarm, "what do
you mean? You know that George and
I are engaged, and you gave your con?
sent, and Tm sure you cairt have any?
thing against him."
The old man was troubled, but the
sense of what be ;is a capitalist owed to
society weighed heavily upon him, and
he steeled himself against tire weakness
of mere affection.
"Against George as George I got
nothing, my dear," he replied; "but it is
not broper that the daughter of a mill?
ionaire shall marry with a common
farmer ynost because he is a nice feller.
I viii make other arrangements for yon,
my dear. Yon shall marry some big
man."
"But, father, George is big enough. I
don't want to marry anybody but
George."
"Excuse me, Mr. Krop?*," the young
man broke in, "but my farm is as good
as yours, and when you come to provide
for Jacob I don't think that Lieschen's"
"That viii do, young man. I do not
gare for discussions. I viii have your
farm looked over, unt ven it suits me I
viii buy it."
"The deuce you will!"
"Sure. 1 vd] give yon two hundred
iollars for a option, unt then you got to
sell it to me ven I vish it. Thar is
mough now. Go into the house, Lksch
m. Good night, Mr. Stirling."
The girl, sobbing but obedient, went
io seek sympathy from her mother, and
3eorge, after a vain attempt to make
;he misguided old man listen to reason,
ook his departure in a very rebellious
md unenviable state of mind, more than
?alf convinced that his prospective
ather-in-law had suddenly gone crazy.
Chat hypothesis also suggested itself to
he mind of Fran Krop?r when she heard
jiescka^-^r^i-fmd net a little alarm
icted" opposition uT^ST--?* ."tilis imex
teschen's marriage to George, as she
id planned, would be a sufficient and
tisfactory provision for her, so that
.etty much everything would eventu
ly go to "that bore poy Jacob." But
hat might happen if the old man
lould really go crazy she could not
resee. What business, she asked Ler
If, had the old fool to go and lose his
its at a time like this? And how did
j come to do so? "Was it through his
iwillingness to sell the farm? or his
a?ization of that grand hotel and
ineral springs scheme that her brighter
telligence had divined? Would he
id by hanging himself, like that man
. Schnorenberg? Decidedly, she would
ive to give him a good talking to.
As "all roads lead to Rome," so ali
ran Kropifs cogitations tended to that
id. Heinrich, whatever else might fail
.in, could always be certain of "a good
iking to."
But knowing and caring naught of
hat she was preparing for him he,*i::d
g Mr. Chipland on the porch, slapped
s shoulder in hearty familiarity and
monnced:
"Tomorrow morning, Gcldbag, ve viii
3 unt see bow trie gold is in another
reek on the south half of the farm, vat
shall keep. 1 baot you it vas mure
ch aa the other oue."
[TO BE CONTINUED ]
'Ms is a Bad Time to Go ia
Debt.
We already Lave a stringency in the
oriey market, which boidera nigh unto
panic, and the prospect is, that next
>ar will be an exceedingly hard one.
he price of our staple is lower than it
as been in a life time, and the prospsjt
that it will rem iiu at figure3 ap
.oximating the present price.
The laboring- class and the debtor
ass seem to have combined and entered
,to a war with what they term the
money power," and the result of that
arfare has been to scare capital and to
ake capitalists more cautious of
ttending credit. In this way we
?couut for the present scarcity of
oney.
Capitalists in the cities have largely
itbdrawn credit from the agricultural
istricts, and this withdrawal has
?used great depression in prices aud
flicted a 6cvere blow not only to the
ercantile interests in the ceo o try
iwns, but to the debtor class every
here.
And this condition of affairs may bc
sasooably expected to continue as loug
j the great mass of the country people
.e arrayed against the city people
?nerally aud the money lenders^n par
cular.
Except as a result of the recent
?famatiou of the credit of the S'ate,
id the present attitude cf the people
?ward capitalists we caunot accouut
ir the depreciation of our six per cent,
tate bonds to '.:o!> at a time wheo it
as hoped that our four per cent,
ands could be sold at par
The great solidified mass is clamoring
ir Legislation which will be unfriendly
? capitalists and the result is, that
?pitaiists will lock up their money
r:ttl this storm blows by.-Abbeville
tess and Banner.
A Dream Fulfilled.
Soon after the earthquake shocks of
880 the late Mr. Jame* A. McDaniel,
f Elko, told his friends of a strange
isiouofthe night that came to him
hile the anxieties of thar, time were
csb and perplexing. Me dreamed
tat he was sitting in front of his
ouse, looking toward the West, when
e saw something flying towards bim,
earing the appcaiauce of a dove and
rowing larger a> it came nearer.
Fheu it reached a large pine close to
ie house he s:tw that the flying risi'tor
as a woman which said to him, "You
link you fa?tli lias been tried strongly '
aoogh, but that is nothing ? > what you 0
ill have to encounter in 18'Jl with wa- .
ir." Mr. McDaniel was so impressed j 11
ith thc- warning that he *- f? i > k ? * of it j ?
Mjucntly. Since thc drowning of him- j
:lf aiid his daughter his friends have j '*
ical?ed Iiis account of thc strange j *
reato so sadly fulfilled. - Barnwell]
> 7" b
eovlc.
- i-rja?- ?<?.?? -emu- t!
Quay Kesigns. t.
At a meeting of the National Repub- 1
eau executive committee on the 29 h 11
:st. the n-Mgjiation of the Chairman,
eaatcr Q tay, was received, anti ac- c
;pte(l. The resignation of the treasurer, j a
Ol Dudley, was also accepted. Gen. i t
?arkson was appointed temporary ; d
a air mau to fcucceo? Quay. i e
Tie)pen Debate on io Si
Treasury- Sehe/?
Thleba'e between SeA<>r M.
Bttlaandi Dr. J. Wm. j"?k?-fl. pi
! dent the the State Alli/ce. caa?<
oo thjOih inst, at Pro/eritj, as
noanc. Thc crowd the lar?
ever ambled in Prosriky. aT"'
attent and orderly nroughoat
debate
Revlr. Sligh, prc.denfc of the N
berry Janee, who stcd as chaim
openedie meeting/itb a few ap?
priate narks and nnounced the
lewing the progra?nie for the da}
The lt speech ) be made by
J. WmStckes, th; a*'*'1 *>v tue P
M. 0. Her, with.he privilege gi
to the frier to a-r^wer to the Sena
After th a dinnc/of babecued m<
would I served.and the progran
reeume-Jromptl* at 3, with a epe
on the ?nie pkn by Col. Talb
superitfldent cf the Penitentiary.
Stokes.ho was then introduced, s'
ped fonrd and spoke as follows:
We ve the entire speeches of
Stokes d Ssiator Butler as repot
for the 'eicsand Courier :
BRO'ieR'TO?E9*S FIRST SPEECH.
Mr./Orc^eut> Brother and Fel
?itizeJs si,teem lt a high privil
to neet ye on this occasion. Ai
astive of S?th Carolina I am proud
1er histor I believe also that
lonest meare my brothers, and w!
latriots a- thinking for themsel
nd intereed in the measure that
?efore us will give the resulta tha
?ave arri id at on this great ecoao
uestion. I couut this large at
nee as ahopefu! sign, and ccrtai
hink it aiopcful sign, that the peo
re interned in these problems.
I rejoin to be at this meeting an-,
ee this Irge crowd because the A
nee hasDeen reported as beiDg oppo
D a disssion of its measures,
cly rory that I make io such im
itions i that heretofore the dcb;
poJ?oiT^"^*^ t???v^AlHance men ?
our issue and afreets a^~-i&?iP5^
;cm it our right to have it discussed
Now since its adoption by the S
lliance we determined to urge o
,scus6?on cf this plan. The idea
crecy was to eliminate any out;
'ency'that might prejudice the mi
irs of the Ailianee. This gatheriu
r Newberry County and the meet
as called for this praticular discussi
put it to you, then, whether
lliance is not in favor of discuss
itb the opposition when Gen Butle
?ro for that purpose. It wants f
id full discussion and wc abide by si
scussion.
il ere Mr. Stokes re::d his letter
lallenge to Senator Bu?er, wb
speared in The News and Cou;
.-day. He explained it was not
itention to speak, but that 31 r. I
igston, of the Georgia Alliance, 1
icepted the invitation to meet G
aller. Late last evening he reeeii
message from Mr. Livingston teili
im ho could cot meet Gen. Butler
icount"pf physical inability. Ho cc
nnued, saying.
? am glad to bc here, and rememb
:How-citizens, this is au intellect!
mtest of brain with brain. We w:
?present thc Tuition of thc Alli?t
ro and con. Lr* us gather with mi
nprejudiced to receive the truth,
sk the Alliance especially to give ck
ad practical attention to develop t
uih, for we give the peopie of ti
action this opportunity of seeing t
ottom of the matter. With the
relimiuary remarks I shall proceed.
The Alliance has announced as o
fits demands the establishment
are houses in weich non-perishat
roducts may be deposited and i
hich treasury notes be issued,
ish your special attention here, f
will be able to present only a ge
ral summary.
First. I think nearly all the fina:
iers agree that there is an insufficient
f circulating medium even for ordinal
usiness, and all economista agr<
lat there is an important relaiic
etween this circulating medium ac
rice. ? might cite to dozens of tl
reatcst economists. Calhoun was e:
licit. Stuart Mill, Clay, all were e:
licit on that point. 35ut if I lacked i
uthority I could appeal to your con
ion sense and prove it as explicitly ?
ley. If you have a horse worth Q'2t
nd are forced by circumstances to seil
nd if no one has more fhau ?150, <
ourse you can get no more, even if th
orse is worth more. While there i
o exact ratio yet the general truth i
stablished. If a commodity is wort
:> much with the circulating mediar
nd you cut the medium, you of cuurs
ut the price.
Second. Not only does the currone
ot bear a proper relation to this gone
al business, but it lacks a feature
rn ich thc Alliance was the first to pro
m?gate-that is elasticity.
I might show, by a processif reason
lg, the hold of it. lu the fall of tlx
ear when accumulated labor for a yeal
? thrown on the marker, even if tin
louey is not manipulated, there will bi
relative contraction at that time, bc?
ause the logical eucet is what ali politi
ai c^onomi.-its call a depression of price,
'he fact creates, then, an abnormal con
it jon ned by way cf parenthesis that
ondition ts not due solely to the reia
ive influx of products, but to the few
rh ti control the money.
Col. Robert Chisoitn, formerly of
lharleston, has made the alarming
ta?cmcut that there were six corpora
ions and ten nico who can lock up in
ne day one billion of dollars. This
audition, duo to lack of flexibility,
perales against all classes of people,
nd you are mistaken when you think
; is for the sole interest of the farmer
reare workiug, for the question'is as
road as the country. All business men
re cramped by that condition of ailairs
i.it ii ir. especially hurtful to tb? fanner,
>r he must labor twelve months before
e can produce anything The eo:.i
jcrcial men know the condition and,
he.reforc, have an opportunity of getting
heir money out of the way, so thc far
jcr must sci! ou a failing market.
Wlnle speaking about the abnormal
onction ? will ans-.vor the arguments
gainst thc measure. It. does not give
he farmer special privileges, but ii it
id they would be rather in the line of
vening up. There are three, aud ou ly
ree, classes nf producers, mini
anufaeturing and agriculture, bur.
e not producers in a strict sen?
ining and manufacturing. Bat
fricuUurali^t when he goes into
rid and works niue months, using :
tnslnae and rain, is a producer,
;. only. There are two ways of c
g up unequal things, subiract ?
e lamer and add to the smaller, tl
an equality. Men who own on
:ates bonds have the special pnvi
depositing with the Government,
issues currency on this deposit.
e dare not take away that privih
;cause there is not enough currei
hen add some privileges io the farn
orne argue it would hurt the in::
nd manufacturers, but they are als!
rotectcd, they can put their prodi
o the market every day, but not
irmer. So this is to place the far
jual to the other two producers,
e is entitled to it provided he can g
s solid a basis for issuing currency.
Here he gave the pian of Mr. S.
tone in the Forum, who says he adr
ie necessity of elasticity, bat does
dmit the Alliance plan. Ile offers
riginal plan; proposes a bank of is
D issue enrrency on products. I h
bis objection: The same men will c
roi the currency as now but I cl
ir. Stone as a convert to the Allia
-lan of elasticity. Hence we concl
hat currency is insufficient and la
.edibility.
Throughout the speech Mr. Ste
[uoted Mr. Stone and Mr. Caihouu
he necessity of flexibility. He said
armers' plan meets the condition,
hat if not obtained he will accept a 1
er system than the warehouse systi
Ie adds that it is to be supplied by
?vays, the issue of fiat money or
latioaal bank issue, and there's
jope of increasing from these soun
jecause in case of Sat money a man
:all for his gold or silver and rak
iway from circulation. In this case
jame mau's notes control bcuus, g
ind silver. There is no increase b<
because the entire output of gold ;
an?^^5nually is about ?60,000,0
"rot used as money. But s
pose ail weret?.^^_J
uot De one dollar per capita. The
liance demands five hundred dollars
capita, and it would take forty year
make the proper increase There ts
help from national banks, for it isac
?tant spring of currency, and its po
is unwarranted and a dangerous usur
lion, for by law by the 1st. of S?pt<
ber ?51,000,000 will retire, soneirlie
the two can give the necessary incre;
How can you get it? I can see only
lands and products as a salvation.
He said that ce a State bond is
v;-_ *cu!d have the same trouble that
contend; ? against during the var. j
notes were good only in the State t
issued them ? know that the notes
South Carolina did pass in New Y
or Liverpool Bat it was because Soi
Carolina shipped cotton. Sliver, 2
and national bank notes arc good as
as they go. Now, if all these can
value fof their deposits, why in
name of common sense cannot
farmer deposit his product and ?
money on it ?
Senator Butler then spoke as follov
Mr. President, Ladies and Gent
men : AU ?he people ia this country ?
awakening to an interest in public
iairs. Agitation never alarms n
I welcome the idea that ali people i
tabing a profound interest in the
Suhjects when argued honestly a
fairly can be decided correctly. I wa
truth and light. Why, fellow-citizet
when I accepted this invitation I e
pectcd to hear unanswerable argumen
and I yield to him in the main all tb
he has said, except what he choeses
describe as the sub Treasury ph
I may differ in a few details. I do n
believe in his arguments that fiexibili
of cureacy establishes the ratio of cu
reaey and price. The great law of PU
ply and deoisnd settles this quesiio
I apply supply and demand to Dor.!
as well as to products. It is claim*
hy the opposition to free coincge th
00 per cent of the business is done I
checks. Such an argument is uece?
tive, for a man who gives a check m?
have a bank account. Ycu can't pa
railroad fara with a cheek. Taxes car
not be paid willi a check. So thc argt
mont is misk-adiug. There is but one bi
lion five hundred million dollars of mot:
ey for the transaction of the people'
business, about ?2- per capita. I myse
asked iu the Senate chamber how muc
of that was the United States freasur
and how would that reuuee the circula
tion ? One Senator calculated six hun
dred million, my estimate, about ?li
per capita. I agree with you, rn1
friend, that there is something wron**
An important thing with physicians i
to find cut what is the matter with ;
patient, diagnose the case. A doctoi
may treat one case when he ought ti
treat another. We can only judge fr.
general by symptoms. So when yoe
find out what is the matter, it is .^asj
tc apply the remedy. The Alliance i?
treatiug the wrong organ. I do no!
announce thal ali are fools who favor
the sub-treasury, and we a!! cannot
think alike. We eau have a tolerance
of opinion, which is the safest way or
settling a question. It is not a kgiti
mate argument to say bpcause you op
nos*' mc ? am a fool I have brought
an offk-ial copy of tho bill as tabulated.
Mr. Stokes: We are discussing the
plan, not tho hill
Butler : You say that we must dis?
cuss tile [?lau, not the bill. How can 1
get the plau without a bill. I discuss
something tangible, not a floating va?
por. (Produ es bill ) I cann.it con?
scientiously support the bill. There is
not a man in this audience who has not
intuitive principles of home rule and
self-government. Every maa has this
No man would submit to his private af?
fairs b^sag troubled Communities,
rouiiicipalttics, counties are governed
by it. No eouoty would toi.-rare a dis?
turbance of its affairs by outside ^en
cte?. A step further, this 3pplics to
tho State ns wu}\. The Federal Gov?
ernment is supreme, hut ir cannot, dare
nor, <;ie:a'e to a Stare Government, i
This hill then is opposed to this priuei- '
plc. This advocates the perpetuity of ;
paternal government.
ile first discussed the warr; hou>e sys- |
tem. lavery county must be abie to
depefsit produirions to a value not less
than ?500,000. Every county would '
t get a waie aouatr. .'.V?TU....J.
rn county, could not get in. Ocr
ckens, Barnwell, Beaufort, Geer
wn and Lexington would not be
e list. ? like to meet a fair man !
r. Stoke?, and 1 have the thing
mauds-a ro.r.icdy also.
Senator Butler then road the 1
rough, in the section whore it p
des for a manager to take charge
e sub-treasury he commented as ?
ws :
I)o you know who would be chosen
e present? Statc.of affairs? A llept
;an would be selected as manag
know Edgefield'a man. A muia
ould probably govern tyraunica
mr sub-treasury here
Voice : Go ahead. General.
In Section 5 it gives the manager !
ght to grade products-he alone l
lal arbiter. What chance would
;or man or a rich mao either have i
;r such circumstances? The grs
cotton and corn would come down
>thing Where would vou be w
) per cent of your products' vaiue
mr pocket ?
Talk to :ue about flexibility cf c;
mcy. When do we want money mo*
; il not io the spring ? According
lis the money shall go back to t
.easury at the very time it is m
ecded.
In Section ll it is provided tl
,50,000,000 be appropriated to cai
ut the provisions of the Act. It is:
uilding ware houses. Some say tl
be Government should issue moe
ireetly to the people. But the Con;
utiou is in the way. Money can;
.e issued unless by appropriation
Congress, i-nd that provision was j
here by the wisdom and sagacity ot I
armers to protect the people agai
lishonest officers; to protect th
igainst ju>t what this v : 1 wants.
Thc sub-treasury would
,tand tea minutes under the Suprc
3ourfc.
State Senator Keitt : Was the >"
Drleaos Exposition appropriation m;
;his way "i
Senator Butler: It wa? appropriai
)y the general we'fare clause or t
blanket clause of the Constitute
^,i:j;reHS nas <s nov
and can appropriate for any nat io
affair. There have been, howe?
appropriations especially for suffeii
humanity's benefit, for cases of distre
The Secretary of War cannot lend
tent or a gun, the Secretary of I
Navy must hold his peace unless ?
thorized by Congress. Yet this 1
wants to lend money direct to I
people.
Thu- same objection of the une
tainty of the amount of the appropr
tion is against the force bili. Notwi
standing Mr. Stokes':, statement to t
contrary. Mr. Calhoun never eenie
plated lending money direct to the p<
pie. The treasury is not?a bank, 1
is for managing tue Government d
bursemcnts. I war?t to borrow mon
from you at 2 per cent. We have los:
and all such lesses will be made up
taxation. YTet this is what you wi;
Mr Stokes : It does not. givs spec
privileges tc farmers. Theres t
fault. It ooght to.
We have among us three classe.?
men : First, the man who neither b
rows nor loans money; second, he w
lends money and lives on the inters
(and he has a right to do this ;) tb ii
the borrowing class. |Now, d.n't c
a mau who lends money a rascal, fer
is bis right. Class three can be su
divided as follows : First, one w
borrows and returns what he borrcw
second, one who borrows and by unfc
t?nate circumstances cannot pay 1
d^bts; third, one who borrows at ai
price, and never intends to pay it bac
This last class is the one who wants
borrow at 2 per ci nt Seven per cei
is the standard of interests and 2 p
cent, is entirely too low. [('beers ]
State Ssnator Keitt: General. <
national banks borrcw from -.he Gove
nment at 1 per cent ?
Senator Butler explains : No, nation
hanks place their money in t* c treasui
for thc notes they circulate. The 1 p<
cent is only a lax.
The gentleman urged his questic
again, claiming a desire to be accurate
and the Senator explained again, gola
into details. Yot the gentiemau
perception was very obtuse.
Gen Butler : I can give a man fact?
but I eannot furnish him understanding
I ara opposed to national banks, but nc
as Mr. Stokes. They are the outgrow:
of the war. They were established t
put down the war. [Here a history c
national banks was given.] Is a mai
any less patriotic because he owns na
tioaal bank stock ? ? don't oppos
national banks because th:;y are thieves
You put money in them tu make monei
out of them. National bai,ks do no
waut currency. State banks want it
[ am opposed to the preseut systcu
because a national bink put ss word arie
purse in the same hand and gives rb<
executives of tit o Government com pie t<
control.
Senator Butler took i-sue with Mr
Stokes as to th-1 reason of the disappear?
ance of money out of the treasury Thc
money was stolen Ask the billion
dollar Congress where it went.
Now for my remedy :
Fijst, Bave a redaction of the tarif!
fio m 57 or 00 per cent, ad volorem to
something like 40 per cent. I could
not make any amendment to the bill,
for 1 never saw it after it got in Con?
gress. lt laid in the pigeon boles of
the agricultural department. No one
came to me tor an amendment. 1
believe ii: inset ting thc Mills bi 1
Ile spoke of the reduction of prices,
in which connection he said : Prices
are reduced not by tho tariff but by
labor-saving machines.
Second. I believe in the reduction
of expenses pf the Government In?
stead if expending ?1,000,000,000
cut it down one-half.
Third 1 t elieve in absolute unlimited
fie ' coin sgc of shv; :
r 'iii th Repeal the 10 per cent Act
against State bank; \ ti can't get
money i roi? national hank, because it
is not there. The money i? scarce
because the currency goes buck lo tho
centres of business and t. ji? people can't
get. it out. Let us put the power out of
Wall Street by each State i .-suing
own cu't ener. The only dagger in
your plan is that when the* collapse
comes it injures the poor man. not ?he
rieh. My arti Senatorial act was? the
r?r cent tas on the issue of State banks,
[r. Calhoun's idea was tc|put the matter
aek in the hands of the people. Mr.
aihoun favored the sub-trcasnry as we
ave now in Chicago, New Oi leans, etc.
> issue currency for the benefit of the
jopie, bat not to give it to them. This
??s for convenience. These sub
eaanries t?:e only branches of the
ederai treasury. The people cannot
ct fhe money except they have some
ting to seil for it.
Another step ? would take to the
-ttlement of the "unevenness" is this:
'ul tea acres of cotton to the mule for
iree years. Let farmers do this and
icy wiil have the world at their feet,
'hey would be then the most, prosper?
as people on the globe. As for not
eing able to put their products on the
?arket at any time is all stuff. There
* not an acre of ground in Newberry
hat cannot make something to sell
very month of the year.
I am opposed to only two planks ia?
he Alli ?nee platform. The sub
reasury bill is unwise, ar.d the worst
biog for the farmers. I am also op
losed to Governmental eontrol or
'peration of all railroads, for the fol
owing reason : The more yon eau
livert the interest of the people fron?
he Government the belter off will the
nesses be.
Voice : How about the Third Party,,
jtenernl :
Butler: We have no room for the
Third Party. There can only be two
parties. The old Democratic though
buffeted stands still.
Voice: What has the Democrat
naaty done for the South in the last
thiriy-?ve years ?
Butler: If you are so far in the
back woods as net to know what that
party has done for the South you are a
poor sinner and ''ought to be bora
agaiu.'' You would be an excellent
Third Party leader.
Senator Butler then eulogized most
siirring'y the Democratic party. It
has held its own under the direction of
thc wi.-est statesman, Jefferson ; held
its own aginst Revolutionises and
Anarchists. When I hear talk of a
Third Party I am overwhelmed with
r-The P'Mjii^i^-iiL.r)arty has stoo;T
like a stone wall against alPaggr?SsW
aud for that alone, if it had uotbiug else,
should be lauded to the skies. It rep?
resents home rule and self-governmeut.
Party after party has risen in the ruins
of cider parties, while the Democratic
party alone bas stood the blood of wara
and the heat of political activity.. It
stands wiih the very doctrines of the
Alliance, except the two I have op?
posed above. I believe with 140 major?
ity io the l?ense, with the present
Senate, r-nd with the chances favorable
of electing the next President, if it
fails to bi ing rt lief then I shall talk
about the Third Party, bnt cot with
such signs of success.
Wherever a farmer makes all he
needs, does his business on business
principles, hs will not want money at
I 2 per cent.
Mr. Stokes's reply was only a
recital on arguments used in his first
speech. In several he simply stated
j that he disagreed with the honorable
Senator. His reply was limited to
thirty minutes, but a downpour foroed
him to conclude earlier. The time of
each speaker was at first placed to one
hour and a half, but such a clamor arcs?
when Senator Butler began to take his
seat at the end of the time that it was
prolonged.
Later in thc day Col. Talbert made a
speech, which was not a discussion of the
sub-treasury, but a general Alliance
talk. Beyond this it would have been !
a violation of agreement. His address
was in terr joted bv rain.
tv I?
A. M. Thomas, who resides in Gads?
den county, F orida, ;a>t across the
j G'-otgie line, is thefathsi of living
chi'd-en.al: rcs ding with aim. He
! iv'35 years c id, his wife 32, and they
j were married in 1875. Twins and
triplets have brought the number up
? to 32 heal:hy, bright children. Mr.
Thomas is a farmer, and lives content?
edly and happily within fifteen wiles
of where he and his fai.hful wife were
brought up. They have a roomy house,
and once a day the roll is cal!ed in
order that n ne of the numerous tribe
may be lost sight of.
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it is guarmreed to b:inrelief in every case
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Lungs, Dr-mcMis*. A>:hui.-i. Whiping Cough
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If food sours rta the stomach, digestion is
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0.<7i$t!pHtion. blood-poison, fever ! Doc?
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