Historical Newspapers of South Carolina

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%\)t ?&??m aili) ^mi?jjron WEDJMESDA ? , AUG. 19,1S86. Bryan's Speech. . Continued. _ I should it? "Tlie iiankTvT ?r rance exercises | thc right to redeem till bank t>aper in j either gold or silver, and yet France main- ! tains thc parity between gold and silver at j the ratio of 15M to 1 and retains iu cir- i dilation more silver per capita than we do j in the United States. It may be further answered that our op- J ponents ha ve suggested no feasible plan for j avoiding thc dangers which they fear. Thc retirement of the greenbacks and treasury notes would not protect thc treasury, i^e cause the same policy which now leads thc secretary of the treasury to redeem all gov? ernment paper in gold, when gold is de? manded, will require the redemption of till silver dollars and silver certifica tes in gold " if the greenbacks and treasury notes are withdrawn from circulation. More than this, if the government should retire its paper and throw upon the hanks thc ne? cessity of furnishing coin redemption, thc banks would exercise thc light to furnish either gold or silver-in other words, they would exercise thc option, just as thc gov? ernment ought to exercise it now. The government must either exercise thc right to redeem its obligations in silver when silver is more convenient, or it must retire all the silver and silver certificates from circulation and leave nothing but gold as legal tender money. Are our opponents willing to cutline a financial system which will carry out their policy to its legitimate conclusion, or will they continue to cloak their designs in ambiguous phrases? Necessity For Bimetallism. There is un actual necessity fer bimetal? lism as well as a theoretical defense of it. During thc last 23 years legislation has been creating an additional demand for gold, and this law created demand has re? sulted in increasing the purchasing power of each ounce of gold. Thc restoration of bimetallism in the United States will take away from gold just so much of it s pur? chasing power as was added to it by thc demonetization of silver by th* United i States. The silver dpllar is now held up to j the gold dollar by legal tender laws and not by redemption in gold, because the standard silver dollars are not now re? deemable ingold cither in law or by ad? ministrative policy. We contend that free and unlimited coin? age by the United States alone will raise the bullion value of silver to its coinage value, and thus make silver bullion worth $1.29 per ounce in gold throughout the world. This proposition is in keeping with natural laws, not in defiance of them. The best known law of commerce is the law of supply and demand. We recognize this law and build otu* argument upon it We apply this law to money when we say that a reduction in the volume of money will raise the purchasing power of the dollar. We also apply the law of supply and de? mand to silver when we say that a new demand for silver created by law will raise the price of silver bullion. Gold and silver are different from other commodities in that they are limited in quantity. Corn, wheat, manufactured products, etc., can be produced " almost without limit, provided they can be sold at a price sufficient to stimulate production, but gold and silver are called precious metals because they are found, not produced. These metals have been the objects of anxious search as far back as history rut:?; yet, according to Mr. Harvey's calculation, all the gold coin of the world can be melted into a 22 foot cube and all thc silver coin in thc world into a 66 foot cuije. Because gold and silver are limited, both in the quantity now in hand and in annual production, it follows that legislation can fix the ratio between them. Any purchaser who stands ready to take the entire supply of any given article at a certain price can prevent that article from falling below that price. So thc govern? ment can fix a price for gold and silver by creating a demand greater than the sup? ply. International bimetallisms believe that several nations, by entering into an agree? ment to coin at a fixed ratio all thc gold and silver presented, can maintain thc bullion value of the metals at thc minc ratio. When a mint price is thus estab? lished, it regulates the bullion price,* be? cause any person desiring c?in may have the bullion converted i?te^oin at that j price, and any person desir??g bullion can ^^^^??^^?H^ t&e coin. The only question??pV>n which international bimetal lists anc? independent bi metallises differ is, Can thc United States by the free and un? limited coinage of silver at thc present legal ratio create a demand for silver which, taken in connection with the de? mand already in existence, will bc suf .ficient to utilize all the silver that will bc presented at the mints:' They agree 3 :. their defense of the bimetallic principle, and they agree in unalterable opposition to the gold standard. International bimetallics cannot complain that free coinage gives a benefit to tho mino owner, because inter? national bimetallism gives to the owner of silver all the advantages offered by inde? pendent bimetallism at the sanie ratio. In- . temational bimetaliisis cannot accuse thc advocates of free silver of being "bullion j owners who desiri' to raise the value of ! their bullion. ** or "debtors who desire J pay their debts ia cheap dollars." cr ; "demagogues who desiri- to carry favor j with the people." They must rest the!? j opposition upon one ground only-namely, ! that the supply of silveravuilablc f? r ct fin j agc is tco large to bc utilized bv thc Unit- I ed States! Oar Capacity to ?'so Silver. In discussing this question we must ? consider the capacity of our people to uso j silver and thc quantity of silver which can j come to our mints, lt must be romero- j bored that we live ina ct*untry only par- j tially developed, and thur our gicople far surpass any equal number of people in thc world in their power to consume and pro- | duce. Our extensive railroad development and enormous internal commerce must 1 also ^x- taken into consideration. Now. ! how much silver can come here": ?Cot the i coined silver of the world, because almost j all of it is more valuable at this time in j other lands than it will be at our mints j under fm* coinage. If our mints ure | opened to free and unlimited coinage at i the present ratio, merchandise silver can- j not come here, because thc lab?.rapplied t > it iias matlo it worth more iu thc form o? merchandise than it will be worth ar oar ! mints. We cannot even expect all o? rho ; annual product of silver, because India, j China. Japan, Mexico and ail the other ; silver using countries must satisfy their annual needs from tho annual product. Thc arts will require a large amount, and thc gold standard countries will need a considerable quantity for subsidiary coin- ; age. We will he required to coin only that , which is not needed elsewhere, but if wc stand ready to take and utilize all of ii ; other nations will be compelled to buy at : thc price which we fix. Many fear that : the opening of our mints will be followed | by the enormous increase in thc annual j production of silver. This is conjecture. ! Silver has been used as money for thou- j Vwfri?geg?-Tagg?: ?LTtft?hrrwy^nll pf that time i tue woriu* ?as"iicvcr 's"i?T?"?\ 4 Irom ah o' production. If for any reason t?ie sap of gold or silver Lc thc future ever exec the requirements of thc arts and thc nc of commerce, we confidently hope that intelligence of rho people will ! e sirfiici to devise and enact any legislation ne< sary for t* ? protection of the public, is folly t( efusc to the people tho mo: which they now need for four they n hereafter lui vc more than they need. 1 firmly oom inced thar by opening our mi to fm4 and unlimited coinage at the pi eur ratio wo can creare a demand for sil which will keep the price of silver hull at ?1.29 per ounce, measured by gold. Some of our opponents attribute the 1 in thc value of silver, whoa measured gold, to thc fact that during tho last qu ter of a century the world's supply of sir has increased more rapidly than thc worl supply of gold. This argument ir; entir answered by the fact that during thc I five years the annual production of g( has increased more rapidly than tho ; nual production of silver. Since rho g( price of silver has fallon more during l last five years than it over fell in any p vionsfive vera's in the history cf the wot it is evident that thc fail is not due to j creased production. Prices can bc lower as effectually by decreasing the deina ? for an article ns by increasing the supj of it, and it seems certain th. ' the fall the gold price of silver is due to host legislation and not to natural laws. Our opponents cannot ignore tho fa that gold is now going abroad in spite all legislation intended to prevent it, ai no silver is being coined to-take its plac Not only is gold going abroad now, bnt must continue to go abroad as long as t] present financial policy is adhered to u less we continue to borrow from across t! ocean, and even then wc simply postpoi thc evil, because thc amount borrowed, t get her with interest upon ic, must "bc r paid in appreciating dollars. The Amei can people now owe a large sum to Eur pean creditors, and falling prices have lo a larger and larger margin between OT net national income and our annual into est charge. There is on.y one way to st; tho increasing flow of gold from our shore and that is to stop falling price.-. Thc re toration of bimetallism will not only ste falling prices, but will to some extoi restore prices by reducing tho world's d' maud for gold. If it is argued that? rh in prices lessens the value of the dolla: which we pay to our creditors, I rep] that in the balancing of equities ti American people have as much right to f; vor a financial system which will mail tain or restore prices as foreign creditoi have to insist upon a financial system tb;; v%i:l reduce prices. But the interests <. society arc far superior to t he interests r either debtors or creditors, and the intei ests of society demand a financial systoi which will add to the volume O? thc stand ard money of the world, and thus restor stability to prices. A Keply to Criticism. Perhaps the most persistent misreprc sentation that we have to meet is tin charge that wc are advocating thc paymen of debts in 50 cent dollars. At the presen time and under present laws a silver dol? lar when melted loses" nearly half its val ne, but that will not be true _when w< again establish a mint price for silver nm leave no surplus silver upon thc market t< drag down thc price of bullion. Under bi metallism silver bullion will bc worth as much as silver coin, just as gold bullion L now worth as much as gold coin, and w< believe that a silver dollar will bc worth as much as a gold dellar. Thc ehr.? ; of repudiation come- witl: poor gr.:: ??? .? :i those who are see;.:: igt' add to thc weight of existing debts bj legislation which makes money dearer anti who conceal their designs against thc gen end welfare under the euphonious pretense that they are upholding public credit and national honor. In answer to tho charge chat gold will go abroad, it must be remembered that n^ gold can leave this country until the own? er cf the gold receives something in return for it winch ho would rather have. In other words, when dd I ea vos thc country those who formerly owned it will be bene? fited. There is no process by which we can be compelled to part with oar-gold against our will, nor is there any process by which silver can bc forced upen us without our consent. Exchanges aro mat? ters of agreement, and if silver conies to this country under ?x^e coinage it will be at the invitation of some one in this coun? try who will give something in exchange for?fc ':^^r~^.^ Those who deny the ability of the Unit? ed States to maintain the parity !>etween gold and silver at thc present legal ratio without foreign aid point to Mexico and assert that tho opening of our mints will reduce us to a silver basis and raise gold to a premium. 11 is no reflection upon our sister republic to remind our people that the United States is much greater than Mexico in area, in population and in commercial strength, lt is absurd to as? sert that the United States is not able to do anything which Mexico has failed to accomplish. The one thing necessary in order to maintain the parity is to furnish a demand great enough to utilize all thc silver which will come to the mints. Tba1 Mexico has failed to do tisis is not proof that the United State-; would also fail. It is also argued that, vince a number of the nationshave demonetized silver, noth? ing can l.e done lim il all of those nations restore bimetallism. This i< ads:; illogical. It is immaterial how many or how (cw nations have open mints, provided there are sufficient open mints to furnish a mon? etary demand for all thc gold and silver available for coinage. In reply to tho argument that improved machinery has lessened the cost of produc? ing silver, it is sufficient to say that rho same is true of the production ot' gold, aral yet; notwithstanding that, gold has risen in value. As a matter of fact, thc cost ol" production docs not determine thc value of the precious metals, except as it may affect the supply. If, for instance, thc cost of producing gold should be reduced l?U percent without any increase in the out? put, the purchasing power of an ounce <>f gold would not fall. Solong as there is a monetary demand sufficient t<> take nt a fixed mint price all thc gold and silver produced the cost of production aced not bc considered. Prices of Gold a??1 Silver. . Iiis often objected that thc prices of j gold and silver cannot bo fixed in relation to each other because of the variation io. thc relative production of rhemctals. This argument also ovcrl oks the fact that, if thc demand fer both metals at a fixed pri?e? i.-; greater than the supply of both, relative production becomes immaterial. In the early part of the present century the an? nual production of silver was worth, al thc coinage ratio, a!>out three rimes us. : muchas thc annual production of gobi.; whereas, soon after 1849, the annual pro duction of gold became worth about three tunes as much, at the coinage ratio, as the annual production of silver, and yet, ow- . ing to the maintenance of the bimetallic standard, these enormous changes in rela? tive production hud but a slight effect up? on the relative values of the metals. If it is asserted by our opponents that the free (toi na ere of silver is .ijitended.qnly j for thc benefit ofthe jaine owners, it nr. i bc remembered that free coinage can: j restore to the minc owners any Kiorc t?: ] demonetization took away, and it nu ? also l.e rcmemiicrcd fha: the loss whi ? thc demonetization of silver has brou.; ? to thc mine owners is insignificant co; j pared to thc loss whic h this policy I: brought to the rest o? ? ho \ copie. Thc r toral ion cf silver will bring to the peo? i generally many times as much advanta I as the mine.' owners can obtain from While ir is not thc purpose cf free cotna to specially aid any particular class, j those who believe that the restoration silver is needed hy the whole ]>oople shou not i?o deterred bccini.se an incidental be cfit will come to thc mine owner. The crt tion of forts, thc deepening of barbel the improvement of rivets, tboerection public buildings, all thc.-e confer in; dental benefits upon individuals and coi mutinies, and yet these incidental fccncS do not deter us from making appropri tions for these purpose' whenever such a propriations are necessary for thc publ good. Thc argument that a silver doilar heavier than a gold dollar, and that thor fore silver is less convenient to carry i large quantities, is completely answerc by the silver certificate, which is as casi carried as the gold certificate or airy oth< kind of paper money. As to the Present Ratio? There are some who. while adm itt in thc benefits of bimetallism, object to coil age at thc present ratio. If any. arc decor cd by this objection, they ought to remen lier that there are no bimctallists who ai earnestly endeavoring to secure it at an other ratio than 1G to i. We are oppose to any change in the ratio for two reasons first, because a change would produc great injustice, and, second, because change in thc ratio is not necessary. - change would produce injustice becaus? if effected in the manner usually sugget ed, it would result in an enormous cor traction in thc volume of standard mon?j If, for instance, it was decided by intel national agreement .to raise thc ratio throughout thc world to ?>2 to 1, the chang might !.-e effected in any one of thre ways. The silver dollar could be doubled ii size, so that thc new silver dollar wouli weigh 32 times as much as the present gol? dollar, or the present gold dollar could b reduced one-half in weight, so that th present silver dollar would weigh 32 time as much as the nev,- gold dollar, cr tb change could 1M3 made by increasing th' size of the silver dollar and decreasing th: size of the gold dollar until thc new silvc; dollar would weigh 32 times as much a: the new gold dallar. Those who have ad vised a change in thc ratio have usually suggested that the silver dollar be doubled If this change were made, it would neces sitate the recoinage of 4,000.000.000 of sil ver into $2,000,000,000. There would Ix an immediate loss of $2,000,000,000 cithci to individuals cr to the government, bul this would be the least of the injury. A shrinkage of one-half in thc silver money of the world would mean a shrinkage ol one-fourth in the total volume of metallic money. This contraction, hy increasing the value of the dollar, would virtually increase the debts of thc world billions o? dollars and decrease still moro the value ot the property of thc world as measured by dollars. Besides this immediate result such a- change in the ratio would perma? nently decrease the annual addition to thc world's supply of money, because the an? nual silver product, when coined into dol? lars twice as large, would make only half as many dollars. The people of the United States would be injured by a chango in the ratio not because they produce silver, but because they own property and owe debts, aral they cannot afford to thus decrease the value of their property or increase thc bur? den of their dei ?ts. In 1*78 Mr. Carlisle said. ''Mankind will bc fortunate indeed if thc annual pro? duction of g(-ld and silver coin shall keep pace with the annual increase of popula? tion and industry.'" I repeat this asser? tion. All of the gold and silver annually available fer coinage, when converted into coin at thc present ratio, will not, in my judgment, more than supply our monetary needs. The Sherman Act. In supporting the act of 1890, known as the Sherman act. Senator Sherman, on June 5 of that year, said: "Under the law of February, 18TS, the purchase cf ?2,000,000 worth of silver bul? lion a month has by coinage produced annually an average of nearly $3,-000.000 per month for a period of 12 years, but this amount, in view of the retirement of the bank notes, will not increase our currency in proportion to our increasing popula tiOn. ^.-<3r - i- - -.- . If our present currency is estimated at $1,400,000,000 and our population is increasing at the ratio of 3 per cent per annum, it would require $42,000,000 in? creased circulation each year to keep pace with the increase of population, but as the increase of population is accompanied by a still greater ratio of increase of wealth and business it was thought that an immedi? ate increase of circulation might bc ob? tained by larger purchases of silver bullion to an amount sufficient to make good the i retirement of bank note.; and keep pace with thc growth of population. Assuming ; that ?54.000,000 a year of additional cur? rency is needed upon this basis, that amount is provided'for in this bill by the issue of treasury notes in exchange b r bullion at thc market price. If the United States then needed mare than $42,000,000 annually to keep pay? wit h population and business, it row, with a larger population, needs a still greater annual addition, and the United States is only one nation among many. Our opponents make no adequate provi? sion for the increasing monetary needs of tho world. In thc seconal place, a change in thc ra? tio is aiot necessary. Hostile legislation has decreased tho demand for silver and lowered its price when measured by gold, while this same host ile legislation, by in creasing thc demand for gold, lias raised the value of gold when measured by other forms of property. We arc told that thc restoration of ni metallism ' . oald he a hardship upon those who have entered into contracts payable in gold coin. I mt this is a mistake. Ii. will bc easier to obtain the gold with which io meet a gold contiuct, when mest of th?1 people; can usc silver, than it is now, when every one is tr.\ ing to secure gold. Thc Chicago platform expressly declares in favor of snell legislation as -nay be nec ? essary to prevent for the futuro the de? monetization of any kind cf !egal tender money by private contract. Such con? tracts arc objected to on the ground thai they .are against public policy. No on: questions tho right of legislatures ?o?". thc rate of interest which can bc collect! :1 by lav.-. There is far more reason for pr - venting private individu?is from serti :v~ aside legal tender law. The money which is by law made a legal tender must, in tia' courscof ordinary business. Ixmcecptcd by ninety-nine out of ev ery hundred per? sons. Why should tho one-hundredth man be permitted to exempt himself from the general rule? Special contracts have a tendency to increase the clensand^for^irar tTcul?r kind ?f money, ?nu taus loree il a. i>rcmium. Have not thc people a ri j to say that a comparatively few indis rials shall not bc permitted to derange financial system o? the n t?ion i:: ordei collect a premium in ease they succeed forcing erne kind of money to a premia There is another argument townie ask your attention. Some of the m zealous opponents of free coinage point tho fiict that 1-3 months must elapse tween the election and the first regu session of congress and assert; that duri that time, in ease people declare thcmsel in favor of free coinage, all loans will withdrawn raul all mortgages forcclos If these aro merely prophecies indulged by those who have forgotten theprovish of thc constitution, it will Ix? sufficient remind them that the president is empo ered to convene congress in cxtraordin; session whenever tlio public good-requi such action. Ii" in November the po; by their ballots declare themselves in fa* of the immediate restoration of bilnet Iism, thc system ean bc inaugurated wii in a few months. If, however, thc assertion that loans w bo withdrawn and mortgages forcclos is made to prevent such political action thc people may lielievo to ba necessary ? thc preservation of their rights, then new and vital issue is raised. Whenever is necessary for the people as a whole obtain consent from thc owners of mon and thc changers of money before they c. legislate upon financial quest ions, wc sh; have passed from a democnicytoa.pl t ocra cy. But that time luis not yet arrive Threats and intimidation will be of : avail. Tho people who in 177.5 reject the doctrino that kingsvale by right ( vino will not in this generation snbscri to a doctrine that money is omnipotent. international Biaieta^isai. In conclu ion, permit metosaya wo in rea;.td t * internaitcnal bimcrallisi Wo iv.r. LO; opposa;! to an intcrnatiou agreement looking to tba restoration bimetallism throughout the world. Ti advocates of free coinage have on all occ sions shown via ir w iliingncss to co-ope ate with other nations in the reinstat mont of silver, but they are not willing 1 await the pleasure of other govcrnmen when immediatc^rellef is needed by tl people cf the 1 aired States, and they fu ther believe that independent action eric: tetter assurance o? international hi mc allism than servile dependence upon fo eign aid. For more than 20 years we ha* invited the assistance of European nation but all progressin thc direction of inte national bimetallism has been blocked t thc opposition of those who derive a peciu iary benefit from tho appreciation of gol( How long must wc wait for bimetallisi to bo brought to tis by those who profit b monometallism? If the double standar will bring benefits to our people, who wi deny them the right to enjoy those bern fits? If our opponents would admit th right, the ability and the duty of our pee plo to act for themselves on all publi questions without thc assistance and rc gardless of tho wishes of other nation and then propose the remedial legislatio: which they consider sufficient, we coull meet them in the field of honorable debate but when they assert that this nation i helpless to protect thc rights of its owi citizens we challenge them to submit th issue to a i>eople whose patriotism has nev er been appealed to in vain. We shall not offend other nations whet we declare the right of the American peo pie to govern themselves, and, without le or hindrance from without, decide upoi every question presented for their consid eration. In taking this position wc sim ply maintain the dignity of 70,000.00! citizens who ara' second to none in theil capacity for self government. The gold standard has compelled thc American people to pay an ever increasing tribute to the creditor nations < . the world, a tribute which ne one dares to defend. I assert that national honor requires thc United States to secure justice for all its citizens as well as do justice to all itscred tors. For a people like ours, blessed with natural resources of surpassing richness, to proclaim themselves impotent to frame a financial system suited to their own needs is humiliating beyond the power of language to describe. Wc cannot enforeo respect for our foreign poii|y so long as we confess ourselves unable to frame our own financial policy. Honest differences of opinion have al? ways existed and ever will exist as to tho legislation best calculated to promote the public weal, but when it is seriously as? serted that this nation must bow to the dictation of other nations and accept the policies which they insist upon the right of self government is assailed, and until that question is settled all other questions are insignificant. A Word to X?w York Citizens. Citizens of New York, I lia ve traveled from the center of the continent to the seaboard that I might, in the von* Ix?gin ning of thc campaign, bring you greeting from the people of thc wesb and south and assure you that their desire is not to de? stroy, but to bu.lld up. Thew invite you to accept thc principles of a living faith rath? er than listen to those who preach thc gos? pel of despair and advise endurance (if tho ills you have. The advocates of free coin agej^ejjeve that in striving to secure the^ immediate restoration of bimetallism they* are laboring in your behalf as well as in their own behalf. A few of your people may prosper under present conditions, but the permanent welfare of New York rests upon the producers of wealth. Tins great city is built upon the commerce of tho na? tion and must suffer if that commerce is impaired. You cannot- sell unless thc peo? ple* ha vit money with which to buy. and they cannot obtain tho money with which to buy unless they aro able to sell their produc?s at remunerative prices. Produc? tion of wealth goes before thc exchange of wealth. Those who create must secure a profit before they have anything to share with others. You cannot afford to join the money changers in supporting a financial policy which, by destroying thc purchas? ing power of thc products cf toil, mast in the end discourage the creation of wealth. I ask, I expect, your co-operation. Il is true that a few of your financiers would fashion a new figuro, a figuro repres :ng Columbin, her hands bound fast with .ot? ters o? gold aad .her face turnet! toward the cast, appealing for assistance to thosowho live beyond the sea, lain this figurecan never express your iden ot this nation. You will rat her turo for inspiration totho ; heroic statue which guards tito eat rance to your city. st-?tuo tis patritti.: in conccp- j tion a . ii is e >lossa! in proportions. T. .vas j thc gracious ai ft !-f a sister republic and : stands tuvo; a pedestal which was built by 1 tlic American people. That figure. Liber? ty, enlightening tho world, br emblematic of the mission of oar nation among ti e nations of the earrh. With a government which derives irs powers from the consent of tho govern??d.-secures to all thc people freed'.ra of conscience, freedom of thought and freedom o ' speech, guarantees equal rights to all and promises special priv- I ileges to none, the United States should ho an example in all that is good and the leading spirit in every movement which j has for its object thc uplifting of the hu man race. Machinery. S Eli THE LATEST G1ALL BEARING MOWING MAG Buy none but tile Deering ; it is the best up-to-date Mower. MACHINERY OF ALL DESCRIPTIONS. BL H. Bloom* Sumter, S, C, 232 Meeting Street, Charleston, S. C. WHOLESALE DEALERS IN STATE AGENTS FOR SALE OG TIN PLATE, SHEET Iron, Tinners Supplies. fe STOVES, P TINWARE. House Fur? nishing Goods. Galvanized Gutter and Rain Water Pipes-in 10-foot lengths.* We manufacture TOBACCO BARN FLUES and deliver them, freight pre paid to any station. Write for cur Circular showing Plans of ! TOBACCO BAEN FLUES, and giving weights and sizes of all the best styles, Oct. 16-c. LET US SELL YOU YOUR HARDWARE ! We have had years of experience in the business, and think we can satisfy you in quality and price. For TABLE AND POCKET CUTLERY COME TO US FOR BUGGY AND WAGON MATERIAL WE KEEP IT. FOR BEST COOK AND HEATING STOVES OUR STORE IS THE PLACE. For Engine Supplies, Farm or Shop Tools, House Furnishing Goods, Harness, Razors, Scissors, Guns, Pistols, Car? tridges, Etc., Come right here. r ai Mer Beliing, Paints ai Oils are Specie CAN'T WE FURNISH YOU W1TH\S0ME* TTRANT ON. Oct 16 J. F. W. DeLORAIE, PHARMACIST. . Prescription Specialist. Prescription department in charge of graduate of Philadelphia College of Pharmacy. List of Soda Water Drinks for this Season : "Our Oten'7 Lemon Phosphate-over 5,000 glasses dispensed last season. Apricot, Fruit Phosphate, Banana, O-iange Phosphate, Blood Orang?, Raspberry Phosphate, Cherry Ripe; Wild Cherry Phosphate, Pineapple, Grape Phosphate, and others. Plan), - Ice Cream Soda, Quince, Milk Sh?ke, Red Messina Orange, Egg Phosphate, Red Currant, ! Egg Lemonade, Tuti Frufti, Lemonade, Peach, Chocolate, Lemon, Lime, Vanilla, Ginger, Rasberry, Coca Cola. Wine Cocoa. Strawberry. ! SOMETHING NEW EVERY FEW The Above Flavors in Ices cr Soda j DATS DURING THE SEASON. Water. Prices same as last season. "TROPICAL FRUIT BLENTV FIRST NATIONAL BANK, OF SUMTER. STATE, CITY AND COUNTY DEPOSI? TORY, SUM TE ri, S. G. Faid up Capital. ?75,000 00 Surplus and Profits .... 14,500 00 Additional Liability of Stock? holder? in excess nf their stock S7.",000 00 Tctal protection to Depositors S i ?54, COO 00 Transacts ;i Genera! Banking Business. Careful attention given to collections. SAYINGS DEPARTMENT. Deposits of Si ar;d upwards received. In terest allowed at the rate of 4 per cent, per annum. Payable quarterly, os first days cf January, April. Jnlv ?nd October. ' R M. WALLACE, L. S. CAKSOX, President. FISH, OYSTERS FISH, OYSTERS F. KR ESS EL, ACT. Wholesale and retail dealer in FISH, OYSTERS and Game, N. E. Corner Ea?t Bav and Market Ste., CHARLESTON, S.O. Ocr. 16- v. i mm & Au: Ortshiei 1). M ?NG. ATTORNEY AT LAM'. Prompt attention to all business entrusted to him. Office on Court House Square, in 31anding office. Fire Insurance Agency ESTABLISHED 1866. Represent, among other Companies : LIVERPOOL & LONDON k GLOBE. NORTH BRITISH k MERCANTIL;-:. HOME, of New York. : UNDERWRITERS'AGENCY, N. Y LANCASTER INSURANCE CO. Capital represented $75,300,000. I Feb. 2S