The watchman and southron. (Sumter, S.C.) 1881-1930, August 23, 1893, Image 1
Tue Only Feasible Plan.
The New York Commen?ai Bulli
discussing the three schemes whi
it is alleged, the administration
considering for the solution of
financial problem, comes to the c
elusion that the Stale bank, as far
present indications go, is the o
feasible one. These three scheu
are, 1st, the restoration of the 1
status of silver by intematio
agreement ; 2nd, remonetization
the United States alone on some n
ratio ; 3rd, an enlarged bank circu
tion.
The international agreement
thinks dependent upon a change
views by Mr. Gladstone who
wedded to the rnonometal system,
contingency which does not hold <
much encouragement to those w
hope for it.
England will never agree to t
double standard, because all ber
tere8ts are the other way. She is
bnyer of ?liver bullion, and while s
has a market like India to dispose
it and she can make aa much de
profit by converting bullion at t
market price into coin, and disposii
of it at its coin value she is not goii
to consent to any scheme the e-ffe
of which would be to enhance t
price of the white metal. She nc
has it just where she wants it and s
is going to keep it there if she ca
As England will dominate the mor
tary conferee, lt it is held, we ne?
not look for anything from that.
Italy is wrestling with financi
tribulation and stagnant trade no
for the want of 6ilver currency, whii
is the principal money of that cou
try. italy is not going to do an;
thing to etihance the price of silv
bullion.
Germany has declined to send ar
delegates to the conference, ai
France, which is financially prospe
otis and has more money per capita i
circulation than any country in tl
world, money actually in circniatioi
too, not theoretically, is indiff?re!
about it.
What, then, may be expected fro
the conference, if it sbonld be held
Nothing It will end just where
began, as the first conference did la
year.
The more pronounced of the frc
coinage advocates v/ill not accej
the suggested compromise of an ii
creased ratio, but will make tli
fight on the 16 to 1
If there Were bat those twoscherui
presented and there was no othi
hope for an increase of the volume <
the currency than that offered b
either one, tbe situation woald be
very threatening one, for there i
nothing to be expected from th
former, and the Democratic party i
very much divided on the lattei
But there is fortunately a third piar
and one that will, we think, commen
itself to a majority of the peopl
whether they be in favor of fre
coinage or not It is practically
substitute for free coinage,, and ?
fiee from the objections that the anti
free coinage men raise to that. I
leaves the coinage question jua
where it is and meets the demand o
the people for more money indepen
dent of more coinage. Referring ti
this plan the Commercial Bullet!!
says :
? "Enlarged banking facilities woul(
meet the demand for more circulation
and t! jy could be provided under ai
entirely safe system. In 1892 it wa?
necessary that the banks should lent
the Government money, and a bauk
ing system was devisedwhich accbm'
plished that end. Now there is hfe?c
of banks that will lend money lo the
commercial classes, and such a sys
tem can be provided. The coramer
cial system of the country is now s<
thoroughly unified that it would bc
impossible for banks to keep /wild
cat, and 'red-dog7 currency afloat ae
some did sixty years ago The Sav
annah News attributes the free silver
sentiment of the South to the desire
for more currency, and says, alluding
to the repeal of the 10 per cent, tax
on State bank circulation. 'If, how
ever, a way were opened for increas?
ing the arnonnt of the currency, the
sentiment in favor of free silver coin
age would lose whatever strength it
h as 1
"The fact that some of the South
em States have already passed bank?
ing laws, in anticipation of the repeal
of the 10 per cent tax, lends corro
boration to the belief that the declara?
tion of the Democratic National plat?
form on this point expressed wide?
spread sentrrrrerrt, ana" that the silver
vote in the Llouse can be divided,
and a bill repealing- th? Sherman
Act and the 10 per cent, tax, with
certain protective clauses7, might be
passed.
"Of the three schemes ?nder con?
spiration tn Washington the last is
far the most feasible, and at the pres?
ent moment it appears to be the only
one that is feasible."
It would, perhaps be safe to say
that nine tenths of the advocates of
the State bank system |woa<id bc ad?
vocates of ft e? coinage if trVere were
no hope of establishing the banfc sys?
tem. They might ?ot ail be in lavo:
of the presen-? rapfio-, but the? would
insist on coinage on some ratio, and
they would take the present if they
couldn't get coinage on ai?y other
They are for free coinage, because
they believe that it is the only way, '
without the banks, which promises j
the increased circulation- which they ?
deem essential to the businest pros- i
perity of the country.
From this standpoint, as a- master
,>f polities, :<side from mundary con
?ideratioi?8. it is gcf?d policy to favor
the State bank scheme, and thus pla?
cate and disarm a very strong ele?
ment which would otherwise throw
its weight and iufiuence with the fre#
silver leaders, and make it, as Mr;
Bland sometime ?go predicted, "a
royal battle,"
With State banks popular interest
in silver coinage will cease to be a
factor of national importance and the
agitation Will be practically couftnecf
to the sliver States and to the peo?
ple directly or indirectly interested
in the production of silver. ?n tfie
national arena while they might be
loud they wottld make {mt a very,
poor show when it came to a test of
strength at the ballot box.
The events ol the past few months
during which the currency has been1
contracted many mi Hons, have dore
much to strengthen the sentiment
for State banks, with which in o. e
ration there could be no such sudden
and embarrassing- contractions of the
currency, and consfquei t business*
disasters.-Wilmington Star.
Prohibition Prohibits iii
Union.
There is no dispensary in this townfj.
and we have not heard a whisper of
suspicion that there waa a blind riger"
here. Sobriety and good order reign
supreme in this beautiful town of
Uoioo.
A friend from tbe country l?st weeli
told us that the good effect of clewing
the barrooms in Union was very appar?
ent in his neighborhood. He says there
.9 no running to town every few days,
by certain men, and g?>ing home ..f?ll,''
inside and out, and quarrelsome^
Instead of that th -ir crops are work ?cf
better, and everything at nome atadf
trouod them is moving a??ng quietly
ind smoothly.
It is practical prohibition here, and H
s a very hippy state of affairs/ which
we sincerely hope neither a dispensary
tor ?'blind tigers" will interfere with -
Union Times.
Answering Important ?Sues*
tions.
A New York special to the Columbia*
Journal nc the 8th says r
The World interviewed near Iv all the
members of Congress by telegraph onf
the following questions:
1 Do vou, with your present in?
formation, favor the repeal of the Sfrer
man silver law ?
\ 2. Do you favor an income tax ?
3. Do you favor the repeal of thtf
State hank tax ?
The World, iti reporting tfeeir ans?
wers, says r Many of the answers de?
viate so far from plain "yes" or "no,"
and involve so' many qualification's,'
that no tabular statement would fairly
represent the opinions they express.
The important facts shown are that lo*
the first question : "Do you, WitBf yoffr*
present information, favor the repeal of
th? Sherman silver lawf" there are*
eighty-six representatives who say
practically "yes,'' wbHe only eighteen4
say "no.* Ot the rest roany c^ia?if/
their answers so strongly that tue/
cannot fairly be placed' io tSe af&ma
tive column, but show plainly that t?eif
inclinations are in favor of a' repeat.'
The sentiment of tfie lower' ?ouse on*
that question seems to be o'verwS?lo/*
?og
The World had already polled the*
Senate on the silver bill, and oh 5?archr
6* h last printed" a table saWing rhjat
the body stoodY For repeal, 3? J"
against repeal, 28 ; non-committal, 16.
It will be noticed that several who were
non-committal then ard now i? favor of
the repeal.
There seems to be no doubt tftaf
nearly two-thirds of tte1 Se J ate will
vote that way.
On the newer gestion of sm ioeooV
.tax develops' an interesting' srttration.
Many wbo speak freely as to the Sher-'
man bill ev?'d? or ignore this question,*
but forty-five say squarely t??y fatr?r ft."
Forty-two say they do not.
Southern and' Western Congressmen,
are the most < ntftnerous advocates of
.such a tax\
> On the State bWk fax" question the'
opinion is almost as one-sided as in re?
gard to the Sherman bill. Many
dodge it entirely, bot si?ty say posi?
tively against repealing the tax", While*
only thirty favor a repeal.
-**^?>-* ? ? . *f -
feTectric Bitter*.
Tb?s remedy" is becoming'so well knowa and*
popular as to need no .special mentioTi. All
who lui ve ?sed ET?ctrrc *iHiters\S$ng the same
song of praise. A purer medicine does not ex?
"?st nn&rE is' guaranteed to do all that is ?tai**i_
ed. EIec*rr? Sitters will cure all diseases of the
liver and Eicfueys, will remove pimpte^y boils,
jjwlt rfceum and other affections' caused hf ta?.
: pure brood. Will df.yf WSriaria from the sys>
tem and, prevent a? v*>eH si'.euro all malaria! fev
vers For cure of h**d*che, constipation ana
indigestion try Klottr*1? Bitters-^entire satis
?factieaguaranteed*! e-money refunded. Price
50 cents and $t per bottle at J. F. W. Ttos
Lorine's drug store. S
li S?ould'Be ** Every BLousey*
i J. B. Wilson. 371 Ci:?yt St-, Sha psburg. Pa*/
saya he wi{i not be without Dr. King's New
Dissever- f?>r Cons?impiU-n. Coughs and Colds,
that it cured his wite who was threatened with:'
PnewBowi?T after :vn a-ttaoV of "Ld Gripp?,**
when VStrSmS other'remedies and several phy?
sicians lind-' done, he?" no good. Robert Barber,
of Cooksport. I?a.,. cfoitns Dr.'KwigVNew Bte!,
covery has done him m >re good than anything
he ever used for Lung Tron?le. Nothing like
it. Try it. Free Trial Buttles at B-eLurmeV
Drug Storr*. Large bottles 50c and $1. 5
.-mm Iii" ~
For Over Fifty Yearsv
MRS- WINSLOW'S SOOT?tas SYRCSP ?H9- beeV
used for children teething. It 3?M?es tbe
child, softens the gums, allays all pain, eurea
wind colic, and is the best remedy for' Diar?
rhea. Twenty-five cents a bottle.
.- m am-'.
FOR DYSPEPSIA, . v
Indigesti?n, and Stomach, disorders, nae
BROWN'S lRt>?r BITTERS.
AU dealers keep it, SI per bottle. Genome ha**
trade-mark and crossed red lines on wrapper?
RHV>*?? TtiTKiilos rn re. hoarinrhe
Highes? of all in- ?^eningTower.^Lat?st'IJ. S. Gov't Report1
ABSOLUTELY PURE
LONG LIFE
Is possible only when the blood is
pure and vigorous. To expel Scrof?
ula and other poisons from the cir?
culation, the superior medicine is
AYER'S Sarsaparilla. It imparts
permanent strength and efficiency to
every organ of the body. Restora?
tion to perfect health and strength
Results from Using
AYER'S Sarsaparilla, Mary Schu?
bert, Kansas City, Ks., writes:
"I am convinced that after having
been 3ick a whole year from liver com
{daint, Ayer's Sarsaparilla saved my
ife. The best physician. veing unable
to help me, and having tried three other
proprietary medicines without benefit, I
at fast took Ayer's Sarsaparilla. The
result was a complete cure. Since then
I have recommended this medicine to
others, and always with success "
AYER'S
Sarsaparilla
Prepared by Dr. J. C. Ayer & Co., Lowell, il ass.
Cures others, will cure y ou
Ripans Tabules are of great value.
Office and Mills at Junction of
J * BL ARR;
Contractor and Builder,
Sumter, S. C.
DEALER IN
Rough and Flared Lumber, Doors, Blinds,
Sash, Laths,
Cypress Shingles,
Lime, Glass and General Building Supplies.
IBU Work
Of all kiBds made to order, such as
MANTLES,
DL'OR AND WINDOW FRAMES,
STORE FRONTS,
MOULDINGS AND TURNED WORK
OF EVERY DESCRIPTION.
W. C. &. A.. and C. S. & N. R. R's.
THE SIMONOS NATIONAL BANK
OP SUMTER.
STATE, CITY AND COUNTY DEPOSI?
TORY, SUMTEt?, S. C.
Paid Bp Capital.$75,000 00
Surplus Fund. 11,500 00
Transacts a Genera! Banking Business.
Careful attention given to collections.
SAVINGS DEPARTMENT.
Deposits of $1 and upwards received. In?
terest allowed at the rate of 4 per cent, per
annam. Payable quarterly, on first days of
January, April, Joly and October.
R M. WALLACE,
L. S. CARSON, President.
Aug 7. Cashier.
TU nus vinni
SUMTER, a c.
CITY AND COUNTY DEPOSITORY.
Transacts a general Banking business
Also has
A Savings Bank Department,
Deposits of $1 00 and upwards received.
Interest calculated at the rate of 4 per cent,
per annam, payable quarterly.
W". F. B. HAYNSWORTH,
W. F. RHAKI, President.
x Cashier.
H. A. HOYT,
MAL* STREET.
SUMTER, S. C.
SOLO AND SILVER WATCHES,
FINE DIAMONDS,
Slocks, Jewelry, Spectacles,
MERIDEN BRITANIA SILVERWARE, &c.
REPAIRING A SPECIALTY.
Feb. I
A. WHITE & SON,
? Fire Insurance Agency,
ESTABLISHED I860.
Represent, among other Companies :
LIVERPOOL & LONDON * GLOBE,
NORTH BRITISH & MERCANTILE,
HOME, of New York.
UNDERWRITERS' AGENCY, N. Y.,
LANCASTER INSURANCE CO.
Capital represented $75,?uO,O?O.
Feb. 12
NOTICE.
rpBE SUPERVISOR OF REGISTRATION
1 will be in his office on Salesday of each
month, for the purpose of issuiag certificates
of Registration to all persons who have be?
come twenty-one years of age since the last
General- election. Also transfers to those j
who have changed place of residence.
W. S. JAMES,
Supervisor ol Registration.
Dec. 7.
"OLD RELIABLE* LINS.
South Carolina Railway
D. H. CHAMBERLAIN, Rae**T?.
Through service from saaebore to mountaiue.
Passenger Department-Condensed vSchedule.
In effect Ju\j 33, 1893.
Lv. Cha: teston I 30 a m 5 45 p m
Ar Columbia ii 15 a m 10 20 pm
Lv Columbia $50 a m 4 20 pm
Ar Charleston 1140 am 8 45 pm
Pullman cars on trains to and from Ashe?
ville, N. C., leaving Charleston 7 30 a m, and
arriving at 8.45 p m.
For folders, maps, etc., apply to
E. P. WARING,
Gen'l Pass. Agent.
Charleston, S. C.
Rip:ins Tabules : for liver trouble*.
i GINS!
i _
INSURE YOUR
GINS
-IN THE
Plionix
Assurance Company,
OF LONDON; THE LARGEST COMPANY
IN THE WORLD
That takes fire risks on Gins.
For particulars, etc, apply to
ALTAMONT MOSES,
AGENT.
P. S.-We do also a Gene?
ral Fire Insurance Business,
and represent the
MUTUAL LIFE INSURANCE
of New York,
the largest in the world.
Aug. 17.
Liberty Street Next to P. 0.
SPECIAL ATTENTION
Given to Componodiog Prescriptions
VALUABLE PREMIUMS
-GIVEN AWAY.
Ropp's Calculator,
A valuable book for a Farmer and Business
Man.
A BEA?TIFTL
COLUMBIAN SOUVENIR SPOON.
Tie Weekly te' and Coiner.
THE GRE AT* SOUTHERN FAMILY
-N E W S P A P E R,
Offers to every yearly subscriber EITHER of
the above Premiums
-ABSOLUTELY FR?.E ?
Th? Weekly News and Cowier, 1 year
(with Premium.) $1 00
The Weekly News and Courier, 6
months t without Premium. ) 50.
-SK.tO you
SAMPLE COPIES AMD CIRCULA SS,
Address :
Tie Weekly Neis ?! teer,
CHARLESTON, S, C.
OTTO F. WEITERS,
WHOLESALE
GROCER,
A N D
LIQUOR DEALER?
OFFICE AND SALESROOM :
183 East Bay, Charleston, & C.
Nov. 7-o
G. W. DICE, D. D. S.
Office over Levi Bros.' Store,
ENTRANCE 0? MAIN STREET.
SUMTER, S.C.
Office Hours-9 to 1 ; 2,30,to 5 30.
"Tlie Dispensary is a Fraud."
The Rev. H. F Chrietzberg deliver?
ed a lecture OD the liquor question and
! the dispensary at the Methodist Church
Pacoiet. Spartan burg County, rece ut ly.
He speke directly to the point, and
handled liquor gelling, liquor sellers
and the dispensar; without gloves. In
the course of bis lecture he said :
"If the Church of God was wholly
true to itself the whiskey traffic would
b3 wiped out from our land in two
yeats from to-day. Can any consistent
church member vote for a man to
handle whiskey as a beverage ? I say
not. Would you respect me as a min?
ister if I waa running a bar room ?
No, you would not. Would you respect
a layman in your church who sold
liquor ? Would you keep either in
their places ? I say no. Why not ?
Because it is wrong. Very well, if it
is wrong for a Christian to sell liquor
is it not equally wrong for a Christian
to vote for licensing a man to do that
which you confess that it is wrong for a
God-fearing man to do ? Do you not
see that by so doing you put this man
on his way to committing a sin that
you would not be guilty of doing ?
Don't you know that Christ would not,
if He was on earth, vote to put a man
behind the counter to deal out death
and destruction to his fellow man ? I
tell you it is not consistent with Chris?
tian life to aid or abet in any manner
whatever the sale of intoxicants as a
beverage. By saying you would have
no confidence in a minister or a dea?
con or a Christian who sold intoxica?
ting liquor as a beverage, you say that
a barkeeper has no right to be a Chris?
tian. One cannot be both, and you
to that extent, prevent the man from
the saving of bis immortal soul. Can?
not you see that you are more or less,
responsible in this matter?
i4How, in God's name, can you con?
sistently vote to put a man in a place
that will debar him from the doors of
the Church? Hell is full of people
to-day sent there by the members of
the Church. If you see that right
and nothing but right clusters around
a thing it is your duty to stand by
that thing and push it forward for all
you are worth : it is, I say, not
enough to say that you are a member
cf the Church. You have a duty to
your fellow man along this line and
you neglect it at your peril.
"We expressed ourselves at the
ballot box. After hard fighting for
many years we were at last allowed
to test the matter at the ballot box.
What was the result? We asked
them for water, they gave us whis?
key.
This dispensary scheme is none of
ours ; we do not want any such thing ;
we want prohibition and no half-way
measuse8. V.'e do not want to do any
injustice to anyone. They say they
did che best they could for us ; they
may be conscientious, but they have,
to say the least, sadly failed of their
duty to the people, and I think they
could have done more.
"There are some good features con?
nected with the law, such as closing up
the bar rooms and dens of vice to entrap
tbs feet of the young man, and this
seems to satisfy a portion of the people,
even avowed Prohibitionists, that it is a
step in the right direction. But while
t bis is good, and all right as far as it
goes, it does not stop the evil of drink?
ing. There is no prohibition in it.
Just as much whiskey can be sold for
beverage now as ever. We asked for
prohibition, and we did not ask the
State to take bold of the business aod
give us dispensaries. We have beard
that there are men in Charleston who
have been going home to their wives
and little ones and spending the
evening with them since they oould not
get whiskey who were heretofore "
strangers to this sort of thing.
Charleston is where I had my first
fight on this question and where I
swore e.ernal war and hatred against
this thing. The dispensary is a. fraud.
Whiskey is whiskey, no matter whether
sold by a dispenser or the lowest grog
shop.
What does it matter to a man in bell
whether he was sent there by the
dispensary whiskey or the bar room
whiskey ? South Carolina has always
been dealing in whiskey by license ;
now she takes the whole thing into her
own hands through ber rulers, and tries
to make a respectable business out of
it. I did not vote for Tillman, but I
viii say that I believe he is doing what
he can to enforce the law ; so are the
legislators, but [ can not stand any
compromise. I will stand out for
prohibition pure and simple if every
member of the Church turns against
me, and if I stand alone with no ODE to
help me I will still fight for prohibition.
I admire a man who is out and out for
whiskey far more than any of these
dilly-dallying kind of people who you
do not know where they stand. When
a man bas courage to express his con?
victions he will make a good friend of
the cause wheo he is converted over to
the right side."
mm II -
"Cutting Down the Black
Jacks.1'
Wc have cut down one black jack
sprout, Wade Hampton, aud filled his
place with a magni&ceot oak, Jobo L
M. Irby, and next fall we will cat
down another black jack sprout, M. C.
Butler, and fill his place with thc grca'
est man South Carolina ever knew, 1>.
ll. Tillman.'* These aro said to be the
words used by B J. Johnston at the
alliance educational meeting at Cedar
Rock last week. It will be remembered
that Mr. Johnston is trying to-ri do two
parties-the democratic and tbinrd party.
He was elected chairman of the- demo
eratic party of this county last year and
is trying to use his offioe to boo*t the
third party. Wc don't think that he
should pretend friendship to a thing
that be really hates If be thinks tho
democratic party is not for him to stay
ia he should have courage and manhood
eaough to relinquish his claims to tue
chairmanship of that party in this
county. If he thinks that a majority of
the voters of the county think as he
doe? and they want him for chairman let
them goto the party they believe in
and elect him.-PickenR Sentinel.
California is just starting an immense
beet sugar factory. ;
Valuable to Farmers.
Sulphur is the best known insecticide
tn the world. It enters largely in all
medicines which propose to kill germs
Open a bottle of "King's Royal Germa-,
teur" and the olfactories at ouce tell os
that sulphur is the predominant
element. Oar mother used to sul?
phur us when we were youog aod
Squires, of that school made famous by
Dickens' humor, was not far wrong
wheo he bad his boys take sulphur and
treacle.
My pear trees had commenced to
blight. I took one peek of lime and
six pounds of sulphur, mixed them weil,
and then put the water on it. After
slacking them I added a barrel of
water and sprayed my trees, the leaves
were covered with the sulphur and
lime. Every time it rained I could
smell the sulphur ; every close, cloudy
day I could perceive it. Two applica?
tions in May which consumed half a
bushel of lime and twelve pounds of
sulphur, stopped the ravages on twenty
trees, and today I am shipping fruit of
the best quality, which though unripe
as yet (fop I am picking fruit to iighteo
up the limbs) net me one dollar per
bushel.
I never saw trees do better, and
though the blight looked at first as if
ready to destroy fruit aud trees, I have
it in check. ? think 1 have the plan.
Less of the mixture would do The
lime may not be of service, and cheap
flour might do, as I attribute the virtue
of the preparation to the sulphur, al
through as I gather the fruit to day (the
the 17th of July), the leaves and
fruit are still spotted with the lime.
It is a close day and the sulphur is
plainly detected. It is the thing for
all fruits aud vegetables that are hurt
by insects.
J. T. M.
Peeples, July 17.
The Big Columbia Mill.
Very few people have any idea what a
big thing the new Columbia Cotton Mill,
is to be. It will perhaps be six or eight
months before the mill begins operation,
bot some idea of the capacity and extent
of the project might he had from thc
present work. To begin with, it is
located on the upper side of the Canal
near the Gervais street bridge. It is an
L shape structure. The front is 412
feet, the main building is 104 feet wide.
The wing nearest the Canal is 129 feet
long and that fronting the east 139
feet which is to be extended to 387
feet. The main building is to be five
stories high, and east wing three and
four stories oo account of the slope in
the ground. The company claim that the
mill when'completed will be the largest
mill in the State, and the largest duck?
ing mill in tbe world. Work was
started on the 16th of April, and the
building is now beginning to look like
something. It is the intention of the
owners of the valuable property to
spend at least $750,000. and in the
purchase of machinery quality will be
the first consideration. The machinery
will be operated by motor power from
the Columbia Canal, and quite an
innovation in the shape of individual
electric motors for every piece of I
machinery will be introduced. Heat?
ing and ventilating machinery will be
used, and everything will be equipped
with the very latest mechanism that can
be had. Ducking and drills will be
manufactured, and a specialty will be
made of the heavy canvas. The capa?
city of the mill will be the same as is
expressed by about 45,000 cotton
spindles.
It is said that the mill will give
employment to about 1,400 operatives,
which means that about 5,000 people
will be brought here by the new mill.
It is the intention of the company to use
as much native laboras possible. At the
outset only a few experienced workmen
will be brought here, and they will be
expected to drill the native0 labor.
Thc company has started the con?
struction of 100 houses that are to be
used by the operatives. The new town
is being built in Lexington county, just
across the river.
Cotton Mills in the South.
Editor Constitution-Pursuant to re?
quest, I answer below your question :
" Will the cotton manufacturing busi?
ness be probably overdone by the
building of so many new mills iu tbe
South ?"
Less than a year ago I was at
Clemson College, in South Carolina,
and was permitted to look over some
o?d letters written by John C. Cal?
houn, when in congress, to his
brother, on a plantation in South
Carolina Mr. Calhoun told his
brother, in substance, that it would
be necessary to find something else
than cotton to plant, as the produc?
tion of that staple would evidently be
overdone at a very early date. Ile
went oti to state that lie was con?
firmed in bis opinion by the news he
received from associates in congress
that rn the year in which be wroie
there would probably be the enor?
mous production of 300,000 bales of
colton.
iln this day, when tho production
reaches &,000,0()(> bales, h is plain
that even Mr. Calhoun, in one in?
stance at least failed to calculate
correctly the increasing consumption
of cotton goods.
Besides thia yet increasing con?
sumption, there are other reason ttaa-t, I
to my mind, precludes thc possibility j
ol overdoing the business of manu?
facturing cotton in the Son-then*
States. Previous to the es-fcaWisb- j
ment of slavery in the South- on a-j
basis that made it stilLe evervthiiis: !
else, the ?South prospered in manu?
factures. In the Piedmont region of
Virginia, the Carolinana ami Georgia
the iron industry was in a prosperous
condition in thc early part ol" this j
century.
The South Carolina railway wa?,
when it v. :s built, one of the most
important engineering achievements
of its day. The first steam vessel1
that ever crossed the Atlantic oceaw!
went out, of Savannah
After slavery became a fixed instr
tution it stifled all industrial growth,
and as time went on in the daya of
slavery the idea was put forward so
much by Northern writers and rc
peated so often without denial that
came to be accepted as a fact th
the Southern men were not inj?euioi
or mechancial.
But no sooner had slavery bec
abolished and the political atmosphe
? become cleared than the Southei
people again turned to manufacture
and in Alabama and Georgia esta
lished an iron industry that worri?
Pennnsylvanian8 ; while in Nort
and South Carolina,Georgiaand otb?
States the manufacture of cotton bi
attained an extent of developmei
that worries the New Englanders i
some lines.
I can see no limit to the growth <
cotton manufacturing in the So uti
except when the end is reached <
manufacturing the entire crop. Th
Southern cotton factory has the advai
tage of every other cotton lactory i
the world. lu the days of slaven
that institution was the one fatal di;
advantage under which the Sout
labored in anp effort at manufactn
ing, and as matters stand I conside
that the Southern man is just as cap;
ble as his' Northern or English brotl
er to take care of machinery, to ha:
die labor and to attend to businesf
He has the advantage over the Nort!
erner and Englishman in the saving c
bagging and ties, in the climate, i
saving commissions, profits, freights
waste, etc , on cotton sent to mill
outside the South. The South ha
cheaper fuel than the average of otl
er manufacturing sections, cheape
building materials, cheaper laboi
practically unlimited water powei
and the saving of cost of compresse
cotton and of opening the compresse*
cotton. These advantages are no
matters of theory. Within a fe\
days a strike was ended in England
in which fifteen millions of spindle
stood idle more than four months, th
milis and the labor being in a quarre
about a 5 per cen?, raise or reductioi
of wages. The men and the mill
claimed alike that they could not liv?
without the 5 per cent, in controver
sy.
If English mills have been reduce<
to the necessity to follow up such J
bitter fight for five per cent. whi!<
the Southern mills have been running
all during the strike and doing well
it looks as if England would be drivel
to the wall entirely before the South
ern mills would be reduced to tin
point of unprofitable operation. It ii
not an existing Southern mill tba
feels the competition of a nev
Southern mill so much as English auc
New England mills.
Of course certain special lines o
manufacture can be overdone by al
the Southern mills being put on toe
nearly the same class of goods. Tim
has happened to a limited extent ir
coarse plaids. Each new mill boil
in the South should undertake to gel
into some line of cotton goods noi
much made in the South, particularly
avoid doing exactly what other neigh
boring mills are doing
Years ago the New England papen
said the Southern people could not
successfully manufacture cotton
When it had successfully done so tc
an extent to put the fact past d -spute,
they then said they could only make
coarse goods. But as the years gc
on the quality of goods made in thc
South becomes finer and finer, and
the success of the new factories con
tinue8. It would seem to be only a
question of time when the South will
make as fine goods as any other man?
ufacturing region in the country. In
the process of development it would
seem as if the apprehension of over?
production was as groundless as was
Mr- Calhoun's apprehension about the
overproduction of cotton.
In the manufacture of colton the
South bas to ieiy, first, upon the con?
stantly increasing consumption of
cotton goods and, second, on the fact
that she can produce cotton goods
cheaper than Khgland or New Eng?
land or any other country.
The competition of the South with
the South is the very thing to check
the growth of cotton manufactures
Certain lines may be temporarily over
done from time to time, but in the
general field the way is open to
the South to go ahead for a long time
to come.
Think of fifteen million spindles
standing idle in Manchester alone,
when as yet in the three States ot
North and South Carolina and Geor?
gia there are about four and a half
millions of spindles all told The
South can start many a mill yet
before its inimence ts very much felt
and especially in lines of finer goods
Even though the South is in position
to survive in the competition with
other sections, when it comes, that
competition for existence is a fong
way oft yet. D. A. THOMKIXS.
Charlotte, N. C.
-i i ? i mm
In the last six months nine new cot?
ton mills have been built in the South
ontaiuing 100,000 spindles.
Three things ruin a man. To know
listleand talk tasen ; to have little and
spend much ; aud to be worth little an?
presume mach.
Lo*doQR8 ?rea is larger than New
York, Paris and Berlin put together, ara
aroa which may be represented by a
circle Ul) miles io diameter.
A proposed reduction of 25' per cent
LD the wages of coal miners m the
midland district of Englaud?feas lcd to a
str'rke of 050,000 mcD.
The total internal revenise collec?
tions for the past fiscal year were ???l,
002 000, an increase of ?7,145,000
over the year previous. Ot this increase
nearly ?5.000,000 was paid by Ken?
tucky.
The Cotton Plant hints that Judge
Hudson may have been bribed by thv ;
Liquor Dealers' Association, This
charge stamps thc accuser, not the ac?
cused, with infamy.-Cowberry Ob?
server.
We have dispensaries run by the
State to furnish Itqjuor and 5->w it. is
proposed to- have depositories to furnish
book? by the ??afe. Pretty soon
bacon will be included ia the ono,
newspapers in the other, and the
remnant of liberty left in the land will
be called in by the Governor -Spartan
burg ii ci ali.
Tue Only Feasible Plan.
The New York Commen?ai Bulli
discussing the three schemes whi
it is alleged, the administration
considering for the solution of
financial problem, comes to the c
elusion that the Stale bank, as far
present indications go, is the o
feasible one. These three scheu
are, 1st, the restoration of the 1
status of silver by intematio
agreement ; 2nd, remonetization
the United States alone on some n
ratio ; 3rd, an enlarged bank circu
tion.
The international agreement
thinks dependent upon a change
views by Mr. Gladstone who
wedded to the rnonometal system,
contingency which does not hold <
much encouragement to those w
hope for it.
England will never agree to t
double standard, because all ber
tere8ts are the other way. She is
bnyer of ?liver bullion, and while s
has a market like India to dispose
it and she can make aa much de
profit by converting bullion at t
market price into coin, and disposii
of it at its coin value she is not goii
to consent to any scheme the e-ffe
of which would be to enhance t
price of the white metal. She nc
has it just where she wants it and s
is going to keep it there if she ca
As England will dominate the mor
tary conferee, lt it is held, we ne?
not look for anything from that.
Italy is wrestling with financi
tribulation and stagnant trade no
for the want of 6ilver currency, whii
is the principal money of that cou
try. italy is not going to do an;
thing to etihance the price of silv
bullion.
Germany has declined to send ar
delegates to the conference, ai
France, which is financially prospe
otis and has more money per capita i
circulation than any country in tl
world, money actually in circniatioi
too, not theoretically, is indiff?re!
about it.
What, then, may be expected fro
the conference, if it sbonld be held
Nothing It will end just where
began, as the first conference did la
year.
The more pronounced of the frc
coinage advocates v/ill not accej
the suggested compromise of an ii
creased ratio, but will make tli
fight on the 16 to 1
If there Were bat those twoscherui
presented and there was no othi
hope for an increase of the volume <
the currency than that offered b
either one, tbe situation woald be
very threatening one, for there i
nothing to be expected from th
former, and the Democratic party i
very much divided on the lattei
But there is fortunately a third piar
and one that will, we think, commen
itself to a majority of the peopl
whether they be in favor of fre
coinage or not It is practically
substitute for free coinage,, and ?
fiee from the objections that the anti
free coinage men raise to that. I
leaves the coinage question jua
where it is and meets the demand o
the people for more money indepen
dent of more coinage. Referring ti
this plan the Commercial Bullet!!
says :
? "Enlarged banking facilities woul(
meet the demand for more circulation
and t! jy could be provided under ai
entirely safe system. In 1892 it wa?
necessary that the banks should lent
the Government money, and a bauk
ing system was devisedwhich accbm'
plished that end. Now there is hfe?c
of banks that will lend money lo the
commercial classes, and such a sys
tem can be provided. The coramer
cial system of the country is now s<
thoroughly unified that it would bc
impossible for banks to keep /wild
cat, and 'red-dog7 currency afloat ae
some did sixty years ago The Sav
annah News attributes the free silver
sentiment of the South to the desire
for more currency, and says, alluding
to the repeal of the 10 per cent, tax
on State bank circulation. 'If, how
ever, a way were opened for increas?
ing the arnonnt of the currency, the
sentiment in favor of free silver coin
age would lose whatever strength it
h as 1
"The fact that some of the South
em States have already passed bank?
ing laws, in anticipation of the repeal
of the 10 per cent tax, lends corro
boration to the belief that the declara?
tion of the Democratic National plat?
form on this point expressed wide?
spread sentrrrrerrt, ana" that the silver
vote in the Llouse can be divided,
and a bill repealing- th? Sherman
Act and the 10 per cent, tax, with
certain protective clauses7, might be
passed.
"Of the three schemes ?nder con?
spiration tn Washington the last is
far the most feasible, and at the pres?
ent moment it appears to be the only
one that is feasible."
It would, perhaps be safe to say
that nine tenths of the advocates of
the State bank system |woa<id bc ad?
vocates of ft e? coinage if trVere were
no hope of establishing the banfc sys?
tem. They might ?ot ail be in lavo:
of the presen-? rapfio-, but the? would
insist on coinage on some ratio, and
they would take the present if they
couldn't get coinage on ai?y other
They are for free coinage, because
they believe that it is the only way, '
without the banks, which promises j
the increased circulation- which they ?
deem essential to the businest pros- i
perity of the country.
From this standpoint, as a- master
,>f polities, :<side from mundary con
Tue Only Feasible Plan.
The New York Commen?ai Bulli
discussing the three schemes whi
it is alleged, the administration
considering for the solution of
financial problem, comes to the c
elusion that the Stale bank, as far
present indications go, is the o
feasible one. These three scheu
are, 1st, the restoration of the 1
status of silver by intematio
agreement ; 2nd, remonetization
the United States alone on some n
ratio ; 3rd, an enlarged bank circu
tion.
The international agreement
thinks dependent upon a change
views by Mr. Gladstone who
wedded to the rnonometal system,
contingency which does not hold <
much encouragement to those w
hope for it.
England will never agree to t
double standard, because all ber
tere8ts are the other way. She is
bnyer of ?liver bullion, and while s
has a market like India to dispose
it and she can make aa much de
profit by converting bullion at t
market price into coin, and disposii
of it at its coin value she is not goii
to consent to any scheme the e-ffe
of which would be to enhance t
price of the white metal. She nc
has it just where she wants it and s
is going to keep it there if she ca
As England will dominate the mor
tary conferee, lt it is held, we ne?
not look for anything from that.
Italy is wrestling with financi
tribulation and stagnant trade no
for the want of 6ilver currency, whii
is the principal money of that cou
try. italy is not going to do an;
thing to etihance the price of silv
bullion.
Germany has declined to send ar
delegates to the conference, ai
France, which is financially prospe
otis and has more money per capita i
circulation than any country in tl
world, money actually in circniatioi
too, not theoretically, is indiff?re!
about it.
What, then, may be expected fro
the conference, if it sbonld be held
Nothing It will end just where
began, as the first conference did la
year.
The more pronounced of the frc
coinage advocates v/ill not accej
the suggested compromise of an ii
creased ratio, but will make tli
fight on the 16 to 1
If there Were bat those twoscherui
presented and there was no othi
hope for an increase of the volume <
the currency than that offered b
either one, tbe situation woald be
very threatening one, for there i
nothing to be expected from th
former, and the Democratic party i
very much divided on the lattei
But there is fortunately a third piar
and one that will, we think, commen
itself to a majority of the peopl
whether they be in favor of fre
coinage or not It is practically
substitute for free coinage,, and ?
fiee from the objections that the anti
free coinage men raise to that. I
leaves the coinage question jua
where it is and meets the demand o
the people for more money indepen
dent of more coinage. Referring ti
this plan the Commercial Bullet!!
says :
? "Enlarged banking facilities woul(
meet the demand for more circulation
and t! jy could be provided under ai
entirely safe system. In 1892 it wa?
necessary that the banks should lent
the Government money, and a bauk
ing system was devisedwhich accbm'
plished that end. Now there is hfe?c
of banks that will lend money lo the
commercial classes, and such a sys
tem can be provided. The coramer
cial system of the country is now s<
thoroughly unified that it would bc
impossible for banks to keep /wild
cat, and 'red-dog7 currency afloat ae
some did sixty years ago The Sav
annah News attributes the free silver
sentiment of the South to the desire
for more currency, and says, alluding
to the repeal of the 10 per cent, tax
on State bank circulation. 'If, how
ever, a way were opened for increas?
ing the arnonnt of the currency, the
sentiment in favor of free silver coin
age would lose whatever strength it
h as 1
"The fact that some of the South
em States have already passed bank?
ing laws, in anticipation of the repeal
of the 10 per cent tax, lends corro
boration to the belief that the declara?
tion of the Democratic National plat?
form on this point expressed wide?
spread sentrrrrerrt, ana" that the silver
vote in the Llouse can be divided,
and a bill repealing- th? Sherman
Act and the 10 per cent, tax, with
certain protective clauses7, might be
passed.
"Of the three schemes ?nder con?
spiration tn Washington the last is
far the most feasible, and at the pres?
ent moment it appears to be the only
one that is feasible."
It would, perhaps be safe to say
that nine tenths of the advocates of
the State bank system |woa<id bc ad?
vocates of ft e? coinage if trVere were
no hope of establishing the banfc sys?
tem. They might ?ot ail be in lavo:
of the presen-? rapfio-, but the? would
insist on coinage on some ratio, and
they would take the present if they
couldn't get coinage on ai?y other
They are for free coinage, because
they believe that it is the only way, '
without the banks, which promises j
the increased circulation- which they ?
deem essential to the businest pros- i
perity of the country.
From this standpoint, as a- master
,>f polities, :<side from mundary con
Tue Only Feasible Plan.
The New York Commen?ai Bulli
discussing the three schemes whi
it is alleged, the administration
considering for the solution of
financial problem, comes to the c
elusion that the Stale bank, as far
present indications go, is the o
feasible one. These three scheu
are, 1st, the restoration of the 1
status of silver by intematio
agreement ; 2nd, remonetization
the United States alone on some n
ratio ; 3rd, an enlarged bank circu
tion.
The international agreement
thinks dependent upon a change
views by Mr. Gladstone who
wedded to the rnonometal system,
contingency which does not hold <
much encouragement to those w
hope for it.
England will never agree to t
double standard, because all ber
tere8ts are the other way. She is
bnyer of ?liver bullion, and while s
has a market like India to dispose
it and she can make aa much de
profit by converting bullion at t
market price into coin, and disposii
of it at its coin value she is not goii
to consent to any scheme the e-ffe
of which would be to enhance t
price of the white metal. She nc
has it just where she wants it and s
is going to keep it there if she ca
As England will dominate the mor
tary conferee, lt it is held, we ne?
not look for anything from that.
Italy is wrestling with financi
tribulation and stagnant trade no
for the want of 6ilver currency, whii
is the principal money of that cou
try. italy is not going to do an;
thing to etihance the price of silv
bullion.
Germany has declined to send ar
delegates to the conference, ai
France, which is financially prospe
otis and has more money per capita i
circulation than any country in tl
world, money actually in circniatioi
too, not theoretically, is indiff?re!
about it.
What, then, may be expected fro
the conference, if it sbonld be held
Nothing It will end just where
began, as the first conference did la
year.
The more pronounced of the frc
coinage advocates v/ill not accej
the suggested compromise of an ii
creased ratio, but will make tli
fight on the 16 to 1
If there Were bat those twoscherui
presented and there was no othi
hope for an increase of the volume <
the currency than that offered b
either one, tbe situation woald be
very threatening one, for there i
nothing to be expected from th
former, and the Democratic party i
very much divided on the lattei
But there is fortunately a third piar
and one that will, we think, commen
itself to a majority of the peopl
whether they be in favor of fre
coinage or not It is practically
substitute for free coinage,, and ?
fiee from the objections that the anti
free coinage men raise to that. I
leaves the coinage question jua
where it is and meets the demand o
the people for more money indepen
dent of more coinage. Referring ti
this plan the Commercial Bullet!!
says :
? "Enlarged banking facilities woul(
meet the demand for more circulation
and t! jy could be provided under ai
entirely safe system. In 1892 it wa?
necessary that the banks should lent
the Government money, and a bauk
ing system was devisedwhich accbm'
plished that end. Now there is hfe?c
of banks that will lend money lo the
commercial classes, and such a sys
tem can be provided. The coramer
cial system of the country is now s<
thoroughly unified that it would bc
impossible for banks to keep /wild
cat, and 'red-dog7 currency afloat ae
some did sixty years ago The Sav
annah News attributes the free silver
sentiment of the South to the desire
for more currency, and says, alluding
to the repeal of the 10 per cent, tax
on State bank circulation. 'If, how
ever, a way were opened for increas?
ing the arnonnt of the currency, the
sentiment in favor of free silver coin
age would lose whatever strength it
h as 1
"The fact that some of the South
em States have already passed bank?
ing laws, in anticipation of the repeal
of the 10 per cent tax, lends corro
boration to the belief that the declara?
tion of the Democratic National plat?
form on this point expressed wide?
spread sentrrrrerrt, ana" that the silver
vote in the Llouse can be divided,
and a bill repealing- th? Sherman
Act and the 10 per cent, tax, with
certain protective clauses7, might be
passed.
"Of the three schemes ?nder con?
spiration tn Washington the last is
far the most feasible, and at the pres?
ent moment it appears to be the only
one that is feasible."
It would, perhaps be safe to say
that nine tenths of the advocates of
the State bank system |woa<id bc ad?
vocates of ft e? coinage if trVere were
no hope of establishing the banfc sys?
tem. They might ?ot ail be in lavo:
of the presen-? rapfio-, but the? would
insist on coinage on some ratio, and
they would take the present if they
couldn't get coinage on ai?y other
They are for free coinage, because
they believe that it is the only way, '
without the banks, which promises j
the increased circulation- which they ?
deem essential to the businest pros- i
perity of the country.
From this standpoint, as a- master
,>f polities, :<side from mundary con