Historical Newspapers of South Carolina

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The BopdAltiftrgflpt ^4 The facts ol r?e ||ooc^ej?|eaien transaction a The bonda/bearing 4 1-2 per cent, interest, were sold dollar for dollar, bot the payment of interest 00 tbe OJ began six mooth* before their date, lo other words six "moorba,rw 2 1-2 per cent, of the total amoout of the bond issue, was given as a bonus for sei Hog the bonds. This arrangement made the hoods cost the partie* into whose hands they first passed dollar for dollar less 2 1-2 per cent, or io other words 97 3-4 cents oo the dollar We forget the exact amount of the issue. Let us call it $5.300.000 it was somewhere along there. That amount of hoods cost the parties ioto whose hands they first passed dollar for dollar less the 2 1-4 per cent., or ?5, 300,000 less $130.000. The Eoglish of it is that the bonds cost the first holders $5,170,000. The syndicate formed by Messrs. Lancaster, Williams and others bought the hoods at along about 98 3-4 and 99. Tbey would have paid the State that much directly, giving ber the profit that went to the middleman who stood between the State and the syndi? cate. That profit was, we understand it, about 1 per cent on about ?5 225. 000, between $50.000 and $53,000. This profit is supposed to have gone to Mr. Rhynd o : Augusta He was kept or managed to keep himself between the .syndicate which bought the bonds and the State which sold them and in the clean up ought to realize about $50.000 -on the trade. He had a lead pipe cinch oo the transaction. Before the last bill authorizing the settlement had tassed through the legislature, the editor of the GI reen Tille News was told by Treasurer Bates that no bid for the bonds could be considered nolens it went through Mr. Rhynd Mr. Rhynd himself told the people who were or? ganizing the syndicate and securing the mooey to buy the bonds that the State could be traded with only through him. The people who organized the syn? dicate were entirely willing to pay the State the same pri?e they paid Mr. Rhynd. or. perhaps, a little more. They did not care who got the profit. Io fact there were half a doseo profits between the State and the final invest? ors. It was understood from Mr. Rhynd that of the $50,000 be was to get some "expenses" were to be paid. Nobody enquired particularly as to what they were. It is all over aod done with now and the settlement, taken as a whole, was a remarkably good one. It will be well, however, for Governor Tillman and Dr Bates and Mr. Evans and the j rest of them while bragging about the j settlement to explain the fact that with j all their boasted shrewdness Mr. Rbvod ! got them so tangled up with bim that j they were compelled to allow him a profit, of $50,000, which might as weil have gone to the State. A little slip up of $40,000 or $50.- ! 000 in a million dollar trade is oot a j very great bss and will oot be much j felt by any ooe individual. Nobody ; has lost much and Mr. Rhynd is a very j -fortunate man to realize a moderate'! fortune oo one transaction the greater j part of the work in which was done by ? others. But the transaction indicates ] JL lack of shrewdness and fore sight aod some very loose trading somewhere. It is part of the irony of fate and politics that this "reform" and farmers administration bas done more to en? rich brokers and lawyers than all the .others we have had noce 1876 com? bined -Greenville News. Japan Declares War! - LONDON, July 26.-The Central ? News has this dispatch from Shanghai : ! "War bas been declared between Ja- ? pan and Chi Da. The Japanese have j seized the King of Corea aod hold bim j prisoner. Eleven Chinese steamers are j on their way to Corea. Most of the troops aboard them are coolies armed ! with bows aod arrows. Some Chinese j steamers which have arrived at Co- ' rea, have been prevented by the Ja? panese from landing troops. It is re? ported that the Japanese artillery sank several of them. Bimetallic Deception. The recently developed affection of j Republican leaders for bimetallism ts a singular and suspicious manifestation. This unusual and artful tendency has been displayed by Senator Cameron for some time, aod noir equally wily Quay is beginning to coquette with it. These two may be considered as rather light weight in formulating Republican policies, but when Tom Reed, chief among the leaders of- the "grand cid party," and hopefully aspiring to tbe presidential nomination, pretends to show a disposition for a silver policy based on a more liberal use of that metal as a monetary medium, and sug? gests to combine it with a high tariff as a political issue, there are indications of a scheme on foot by which the Republican leaders propose to practiee a new variety of political deception. The State conventions of that party are also displaying a drift of sentiment assumed to be favorable to an increased currency, that of Peonsylvania going to the extreme of demanding forty dollars per capita for the entire population. No one who knows the bold which the gold bugs have on the Republican party eso regard these manifestations as having any other purpose tban to deceptively take advantage of, and, for the time being, make use of the strong popular feeling in favor of a larger monetary employment of silver. It is especially intended to cater to the Pop fi mr o ?S aa ?^?Oii?^?0ar e ft bo w is & dra? rjst thrown- i o td the po??fcctk waters- fofc f?>ir capture. VVbffe this scheme may be advanta? geously used io other parts of the country where the bimetallic sentiment h an appreciable factor, its especial object is to break the solid Sooth by a fasion of the Republicana and Popu? lists. There is a good deal more poli? tics than currency in the plot. Those who are really favorable to bimetallism, and took forward to a monetary ays tem in which silver will perform its adequate aDd legitimare part, know very well that they cannot look for such a consummation to a party that is in alliance with the money inter j est which finds its advantage in a con ! traoted currency and the predominance' of gold as the monetary basis. And nothing could be plainer evidence of the deception intended to be practiced by the Republicans io regard to the currency thao Reed's proposition to associate bimetallism with a monopoly tariff sys? tem. Its incongruity indicates the fallacious object of the proposition. Belle Foote Watchman. To tlie Farmers. The following self explanatory cir? cular has just been issued by the secre? tary of the State Agricultural and Mechanical Society : To the Farmers of South Carolina : I beg to cati your attention to bul? letin No. 16 issued by the United States Department of Agriculture, which treats almost exclusively on leguminous plants for feeding, by Prof. ?. W. Alteo, Ph. D., assistant director of the office of the experimental station. I have furnished Prof. Alleo with quite a number of our farmers and be pro? mises to send a copy ro each one. I feel so much interested in the mat ter that I hope our farmers will seod for a copy to Prof.-fi. W. Allen. Pb, D , assistant director of agriculture, Washington D. C. Since cotton bas gooe down in price below the cost of production, it behooves us to cast around to devise some means to make the largest possible yield from the smallest area, and I know of no more practicable way of attaining that end than by increasing the fertility of the soil at the least expense by the sys? tem set forth io the bulletin referred to. By pursuing this system, our crops will be able to withstand droughts better than by tbe use exclusively of commer? cial fertilizers. Send and get the bul? letin, p ra tice what it teaches, and I will feel amply repaid for cal ii og your atten? tion to the matter. T. W. HOLLOWAY. Toumau8 not a Convert. To the Editor of The News and Courier : ? notice in The Sunday News of Joly 22 the following from the KdgeSeld Advertiser: "John Sam Vertier, Comptroller General under the Richardson dynasty ; Gen. Rich bourg, late a Haskellite, and Prof E. S. Joynes, of the South Carolina College, have joined the Reform party In additioo to the names mentioned we may include J. H. Earle, L W. You mans and R. A. Aldrich, all of the ancient regime of high strikers/* etc. I caooot understand how the Edge field Advertiser places me tn its list of Reform converts. I am where I have always been, and am still standing on tho same principles I enunciated at Ridgeway four years ago It was doe to that speech that I was placed, not by my own seekiog, on the Conservative ticket, and I fought that fight to the last ditch It is true that Tillmao and his coat? tail swingers, having failed to give the people the relief promised through the instrumentality of the State Govern? ment, are now attributing the public distress to the same causes tbat I as? signed at Ridgeway, but that certainly does oot make me a Tillmauite. As to the "Reform par ty v-that is merely a machine for placing certain demagogues in office, and consequently has no principles. The self-styled "liach pin" of this pseudo reform, after promising to protect the farmers from ten-cent lawyers, is to all appearaoe attempting to defeat a farmer for the Governorship with little Lawyer John Gary Evans Vehemently and defiantly repudiating tbe intimation of Gen. Earle, at Anderson, in 1890, that he might follow the example of W. W. Russell, Tillman now unblushingly proclaims himself a Greeobacker. Starting out as a Democrat aod, like Mahone, claiming to be a better Demo? cratic than the Conservative party, now boldly admits that in the laut canvass he "rode with ooe foot oo the Demo? cratic and the other on the Populist horse," and after denouncing the Demo? cracy now proposes, "on the first gleam of light in the Northwest/' to desert and "head away to a new political organization." More pregnant with danger to our people than all these political heresies is Tillman's avowed intention to resume the sale of liquor by the State, and to more rigidly enforce the odious provi? sions of an unconstitutional law by spies, a paid constabulary and Winches? ter rifles, with a not unpromising pros? pect of civil war. The Edgefield Advertiser counts one too maoy when it claims m.* as a dis? ciple of this political treachery, and you, Mr. Editor; can not "count me on your fingers" as countenancing io any degree the present Win ehestem fie, liquor-selling, house-breaking, woman slapping Administraren, that is ruining and disgracing the State. L. W. YOUMANS Fairfax, S. C., Joly 23, 1804. ?j jig. -.>?""?' --?. V-??> I [New Yd|k #jorld f: The "riot gua7* with wnicb Unit States Marshal Arnold bas armed i posse of 200 deputies in Chicago really a cross between the Gatling gi and the French mitrailleuse, lt ai be defined as a repeating shotgun, but the most powerful hand arm ever load with powder and shot The weapon of larger bore than the average aro rifle, but weighs less. Its magazi bas room for six 12-calihrc cartridge ! Each cartridge contains 3^ drachms j powder aod 12 buckshot. Berwyn tl i shot and the powder are two ? itu j compressed paper wads. The shell j the cartridge is of paper, backed by ! rim of bras* Its outward appearan ] is very much like that of the ordinal ! shotgun shell, but its surface is thick? ; and much stronger. The six cartridge ; may be fired in half as many second : thus throwing seventy-two scatterin ! bullets, any of which would inflict j serious wound at eighty yards distanc* j The magazine may be reloaded easi! ? within a half minute. It is calculate i that with the shot of each cariridg I scattering as it is discharged, the gut j in the hands of a fairly accurate ?bo j is capable or disabling 150 men to tb I minute Marshal Arnold says that fiv men armed, with these weapoos an fairly protected could easily dispose < a mob of 50.000 rioters. This gun is the product of the Wit chester Repeating Anus company. Th latest pattern has been on tbe mark? for a few months only. It is operate by a sliding forearm placed beneath tb barrel, making the gun easy of mauipt lation from the shoulder. The gun i locked by the backward or closing mo Lion of the forearm, and can be un locked only by pushing forward rh firing pin, which may be done either b ? the hammer or by the finger. Whe: the hammer is down the backward an* forward motion of the sliding forearu unlocks and opens the breech lock, ejects tbe cartridge or exploded shel aod replaces it with a fresh cartridge The construction of the arm is s ucl that the ham mer cannot fall on tlx firing pin or strike the cartridge anti the breech-block is in place and locket fast. When the gua is closing and tin hammer is at half cock it is locked bot! against opening and pulling the trigger and when the hammer is at the fol cook notch the gun is locked agains opening. To load the magazine tnt gua, closed, must be turned so that tbe uoder surface of the carrier-block cat be seen. Upon this the cartridge in laid and pushed directly into the maga? zine The standard gnu is made up with s ! rolled steel barrel, with smooth bore I and blued frame. Tbe pistol-gripped j s tock is of ptain or checked wood. The j gun is as a rule full choked. Tnt j length of barrel is 30 to 32 inches, the j stock lo inches in length, with 2? ! iucbes drop. Unloaded the gun weighs a trifle over 7J pounds; the six car? tridges weigh-about S ounces. The Shipment of Gold to j Europe. From Harper's Weekly. During the past three months the Assistant Treasurer of the Uuited Stares at New York has delivered to bankers from the Sub-Treasury on Wall Street ?50,335,000 in gold coin, al? most all of which has been shipped to Europe. The Treasury's gold surplus on April 10th of this year was $106, 000,000, but on account of these heavy gold shipments it is now reduced to $66,000,000 of which $36,000,000 is stored in the vaults of the Sub-Treas j ury io this city. At first glance it appears odd that our ! bankers should have such heavy j accounrs to settle abroad that they must ; surrender half of the nation's gold j reserve in order to meet their obliga . tions. This coodidtion seems all the ; more incomprehensible if wc know that the government reports for the fiscal year ending June 1st show a trade balance of $230,000,000 in favor of ! the United States. In other words, our j exports for the past year have exceeded j our import? by that amouot and 1 it wo id therefore seem that, instead I of our bankers sending gold to Europe, ; foreign merchants should be sending j gold to this country. The principal reason why our hankers have had to ship more gold than usual to their foreign correspondents this y ear is accounted for in a number of ways. ! The financial reports, for instance, show j ! that many European investors are send- | j ing back American bonds and other | ; securities iu large numbers, and of ; j coime these have to be paid for in j \ gold. Theo the interest which is : j being paid on American securities still ; i held by foreign investors draws that much ; j money out of the country. As most of j the great ocean carriers are foreigners, i principally English, the heavy freight ; payments of our trade go to the profit ; of Europeans But one of the greatest i elements in this gold exportation is ! American travel abroad. It is estima-. ;ted that from 90,000 to 100,000 ; Americans go to Europe annually, and j that they take with them an average of ! $100 each. This money is usually j taken in the form of drafts or letters ot i credit, and the corresponding amount < in gold must be shipped to the foreign ! banker in order that he shall honor this American paper. Another minor ele? ment which works to our disadvantage j in the gold question is the undervalua- j i tion of imports by some American ; merchants, who in this way evade pay j ing as much duty as the law demands, : but who by so doing turn a consider- ; able profit into the pockets of the j foreign manufacturers. .-*G4an&?rfgteL:0.4j.;&f. 1 ' ? Ipjl p g ? I ? # Mc6oLL#?:J?ly 2?--Tbe In?ep??d eo? Order of i&ooJI Templars of the grand jurisdiction of tho State.of'Sooth Carolina has beet) in cession at Bjn nettsville for the past two days j Benoettsville not being in the centre of the State, and from other canses, j rhe attendance was exceedingly slim j Not over 100 delegates were present. They, were given a hearty and generous i welcome into oar towD The meeting was citied to order by ! the Grand Chief Templar E O Wat- j son at 10 o'clock, and an address of j welcome was delivered by that old I veteran temperance worker John S Moore, in which he spoke of Marlboro's ! reputation as an agricultural county and her unbounded hospitality to strangers, I and he bade thc strangers one and all a hearty welcome. This was responded to io fitting j terms by Rev. J W. Daniel of Sum? mer From the reports of the lodges if would seem that the order was on the decline, having declined in number of members at least 60 per cent since the meeting of the last Grand Lodge The whole number of members now belong? ing to the order is 2,564. Wednesday morning was spent in the election of officers for the next ensuing year. ? resolution was introduced this morning memoralizing the Legislature j asking it to eliminate the beverage fea? ture of the Dispensary law and some rather bitter remarks were indulged in against it, bat Mr. Allsbrook defended it and had this resolution laid on the table. The following officers were elected for the next year : J. L. Sifly. G C. T. : Miss Shadie Livingston, G V. T. ; A. S. Thoma*. G. C. ; Mrs J. H. K. Mil lause. G. S J T.; J F Gibson, G. S. ; T. G. Herbert, Jr . G. C ; George Maootte, G T ; E ti Craven. G M ; Miss Loa Miller, G D M ; J. A. Rbame. G. A. S ; J A. White, G. M. ; D M Mtchau, G G ; W. L. Galloway. G S. ; E O Watson and Joseph lyndsay delegates to the Supreme Lodge, which meets in Bos- j ton. Jane, 1895 Grand Chief Templar Watson, in re-1 tiring, encouraged the members of the j order to stand firm, work on, hope on j and pray on and success would be their*). If they would stop fighting the Dispeo- ! sary and labor earnestly and faithfully (or the enforcement of the law success would be theirs much quicker I think. Sumter was chosen as the place of the next meeting. Confederate Stamps Valuable. ! It is probable some of the readers of j the Star may be able to ''resurrect" a ; few Confederate postage stamps; and, j if so, they will be interested in this : There is one section of every North- j ern community at least where relics of the "Lost Cause" are held in the highett honor. That is among the Phila ' telle societies At a sale at the rooms of the local organization here, says the ; N-w York correspondent of the Haiti more Sun, a fine lot of Confederate pro- j visional postage stamps, on the original ; envelopes, sold well. The ?em of the collection was a 5-ceut Livingston (Ala ) stamp, on the original envelope. ; On this the bidding started at $80, and j was very lively, the prize being knocked down at $576. Two Macon (Ga) stamps. 5-cent, j black on yellow, brought $36 each. They were on the original envelopes. The 5-cent Macon, with plain frame, on the original envelope, brought the j high price of $102 There ought to | be more of these valuable souvenirs stowed away in some Southern homes-j steads.-Wilmington Star The first strike on record occurred in j Rome 300 years BC lt was a strike of the flute players who got miffed be- > cause they were refused permission to j participate in a banquet in Jupiter's j temple. They struck and the Romans couldn't get any wind for their religions celebrations which were in progress j about that time. That was a bad state of affairs, bat the flute players who had gone to the village of Tibur were j bamboozled into filling up on wine, and ! when good boozy were buddied into \ carts and wheeled back to Rome, where they compromised with them and gave them permission to participate in the banquets on condition that they would play at the sacrifices. So the first strike turned out better than most strikes do now I Was Weak, Tired and nervous, my food did not digest .asily. in fact I was in poor health generally. I bad to sleep propped up in bed to breathe easily at night I had th? grip and afterwards a severe cough. I found relief in Hood's Sarsaparilla. I have taken seven bottles and can eat what I please, sleep soundly and foal rested unies? I over tlwork. I feel as young as I did at M when I use Judg _ ment In my dally ex BCn. X. ?. Wallace ercise. I cannot be? gin to express my thanks sufficient for such % great soothing* health restoring medicine Hood's Saraa <?> ?1 %%%%%% parilla as Hood's Sarsaparilla, ^ ^ MRS. CLARA J. WAL- f Ul Cfi> LACE, wife of Kev. I. E. ^^jm^m. Wallace, clerk ot Blood <w%fww% River Association of Baptists, Calvert City, Ky. Hood's Pills 8?ve universal satisfaction. Prepared by C. I. Hood & Co., Lowell, Mass. A LEADER. JAMES MEANS' SHOKS are leaders. Why? Because they hare an es?bli?hed reputa? tion, and never fail to {rivt> satisfaction. PerfecS in style, qualit v, and rir. BUY JAMES 31 KANS' 83.00, 82.50, 83.00, 83.50, 84.00, and 85.00 Shoe, according to your needs. When you are pacing our store call in anti try on a pair. We want your custom. We want your friendship. We shall have both if von will one? test a pair of JAMES MEANS' SHOES. HAMMOND, The Regulator of Dry Goods at Leading Prices is the AGENT FOE SUMTER, S. C. Sign, Green Front, Main Street, THE SIMONOS NATIONAL BINK OP SUMTER. STATE, CITY AND COUNTY DEPOSI? TORY, S?MTErf, S. C. Paid up Capital.$75,000 00 Surplus Fund ...... 12,500 00 Liabilities of Stockholders to depositors acccording to the law governing National Banks, in excess of their stock . . $75,000 00 Transacts a General Banking Business. Ci rei ul attention gi ven to collections. SAYINGS DEPARTMENT. Deposits of $1 and upwards received. In? terest allowed at the rate of 4 per cent, per annum. Payable quarterly, on first days of January, April, Julv and October. R M. WALLACE, L. S. CARSON, President. Aue 7. Cashier. NEW MARBLE WORKS, COMMANDER & RICHARDSON, LIBERTY STREET, SUMTER, S. C. WE BAYE FORMED A CO-PARTNERSHIP For the purpose of working Marble and Granite, manufacturing Monuments, Tombstones, Etc, And doing a General Business in that line. A complete workshop has been fitted up on LIBERTY STREBT, NEA R POST OFFiCE And we are now ready to execute with promptness all orders consigned to ns. Satis aciion guaranteed. Obtain our price before placing an order elsewhere. W. H. COMMANDER, G. E. RICHARDSON. Jnne 16. JOS. F. RHAME. WM. C. DAVIS. REAME & DAVIS, ATTORNEYS AT LAW, MANNING, S. C. Attend to business in any parr of the State Practice in U. S Courts Sept. 21-X. Gk W. DICK, D. D. S. Office over Levi Bros.' Store, ENTRANCE OK MAIN STREBT. SUMTER, S. C. Office Hours-9 to 1 ; 2.30 to 5.30. Ml MVA WIK DENTIST. Office OVER BROWN & BROWN'S STORE, Entrance on Main Street Between Brown & Brown and Durant & Son. OFFICE HOURS: 9 to 1.30; 2 to 5 o'clock. April 9. 2 Matu Street. Next to City Hall. SPECIAL ATTENTION Given to Compounding Prescriptions. J. F. W. 1 -DEALE Toilet Soaps, Perfumery a Sundries Usual First Class Tobacco, Snuff |aod Cigars. Garden Seec Glass Putty, & Physician's Prescriptions carefully compc and dispatch. The public will find my i genuine, and of best quality. Night Calls Prom THE TWENTY-SEVENTH COLLEGI ate year of the Institute will begin September ll tb, 1894. With its fuit corps of efficient teachers and high standard of schol? arship,' it offers advantage* for educating young ladies, equal . to any College for wo? men in this State. We intend that it shall grow in efficiency as it grows in years, and thus command the continued favor of its patrons, and commend itself to the faror of all who have daughters to educate. Entire expenses for tne year from $150 to $200. For particulars apply to. H. FRANK WILSON, President, July 4 Somter, S. C. DAVIDSON COLLEGE, DAVIDSON, N. G. I FIFTY-EIGHTH YEAE BEGINS SEPT. 13, 1891 NINE MEN IN THE FACULTY, CURRICULUM IN LOWBR CLASSES, HIGHER CLASSES ELECTIVE, THREE DEGREES CONFERRED. CLASSICAL, MATHEMATICAL, LITERARY, SCIENTIFIC, COMMERCIAL. Terms Reasonable, seud for Catalogue. J. B. SHEARER, President. June 27-3m. SOUTH CAROLINA COLLEGE, COLUMBIA, S. C. Session begins Sept. 25tb. Nine regular Courses, witb Diplomas Special Courses, with Certificates. Requirements for admis? sion modified. Board $8 a month. Total necessary expenses for tbe year (exclusive of travelling, clotbiog, and books) from $112 to $152. Send for Announcement. For further information address the Presi? dent, JAMES WOODROW. July 18. NOTICE. LANDS FOR SALE. 1. One lot with two story dwelling, new house, on Washington Street, between Cal? houn and Republican Streets. 2. One lot, with dwelling house, on New Street, formerly property of M. H Wells. 3. One lot in tbe town of BishopvilW-, on Dennis Street, formerly property of C. S. Davis. 4. 90 acres of land consisting of two tracts, one of 20 acres aud one of 70 acres, on Provi? dence road, six miles from Sumter. 5. 250 acres of land, 3 miles east of Sumter, formerly owned by Miss Julia R. DeSchamps. 6. 40 acres of land on Turkey Creek, for? merly owned by W. W McKagan. For particulars applv to A. J. CHINA, Jan. 24. Pres. Somter B & L. Asso. 1890. 1894. A. G. PHELPS & GO., General line Agents, Sumter, S? C. Fire, Life, Accident, Steam Boiler, Plate Glass, Bonds of Surety for persons in posi? tions of trust, and Liability Insurance in every branch, written in tbe very best Amer ! can and Foreign Companies. Over sixty-five millions of capiial repre? sented. Office at Messrs. J. Ryttenberg & Sons, 2d Floor, Front. Mch 14-0 DOLLARS PER MONTH IN YOUR OWN LOCALITY made easily and honorably, without capi? tal, during your spare hours. Any man, vi-oman, boy, or girl cando the work hand? ily, without experience. Talking un? necessary. Nothing like it for money? making ever offered before. Our workers always prosper. -No time wasted in learning the business. We teach you in a night how-to succeed from the first hour. You can make a trial without ex? pense to yourself. We start you, furnish everything needed to carry on the busi? ness successfully, and guarantee you against failure if you but follow oar simple, plain instructions. Reader, if you are in need of ready money, and want to know all about the best paying business before the public, send us your address, and we will mail you a docu? ment giving you all the particulars. TRUE & CO., Box 400, Augusta? Maine* }eLOR3IE, Agra* :R IN nd all Kinds ot Druggist's Hy Kept in a Drug Store. is, &o., also Paiot8, Oils, Varnishes, c., Dye Stuffs. mnded, and orders answered with care ?tock of Medicines complete, warranted Cati and see for yourselves. ptly Attended To.