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Where Has the Sold Gone? The Wail Street Journal recently declared that ''the increase in the production of gold has been nothing less than marvelous. In 1S73 the world's stock of gold was estimated at $1,209,800,000. On January 1, .1903, the world's stock of gold was estimat? ed at $5,3S2,600,OGO. Here is a gain of 84,000,000*000 in thirty years. The Wall Street Journal a few days ago published statistics showing that the gold production since the year 1800 had amounted to $8,903,400,000. In all the preceding years since the dis? covery of America by Columbus the f?tal production was 2,456, SOO, 000. Hore gold has been produced since 1891 than in the three centuries preced? ing 1S0O. Of the total production of gold since the discovery of America, nearly one-half of it has been mined in the Ias# thirty years, and of this amount 30 per cent, was produced by the Uni? ted States. "But, while the enormous produe sion of gold may weil amaz? us, the problem of its distribution puzzles us. Where has all the gold gone to that has been produced since the Lydians began to coin money? The world's production of gold since 1873 accounts for ?? except about 800,000,000 of the present stock of gold in the world, and the production from 1860 to 1872 more than double $800,000,^000. Where, then, has all the gold gone to that was mined before 1860? Apparent? ly there istno trace of it anywhere, unless it be found in the art objects in which gold is used. "The amount of gold that goes into the arts and sciences varies each year* and its amount is by no means ' easy to determine. The Director of the Mint estimates that in 1902 the industrial consumption of gold amount? ed to $75,764.400. The total produc? tion of gold in that year was about $295,000,000, so that the use of gold i in the aits and industries amounted to a little over 25 per cent of the amount mined. Accepting this per? centage as a basis for calculation, it would appear that of the total produc? tion of gold from 1492 to 1?03, amount? ing to $10,985,181,000, the proportion that went into the arts and industries was $2,746,295,250. This leaves a bal-, ance of $8,238,885,750, which f should appear, it would seem, in the records ol the world's stock of gold. But, as a matter of fact, the total stock of gold in the world on the first [of Jan? uary, 1903, was, as has been stated, S3,3S2,600,000. This leaves $2,856,285, - 750 of which there appears tb be no trace. "Has this vast wealth been lost in the past four centuries, or is any large proportion of it still in. existence, a hidden reserve upon which drains may be made in times of special de? mand? Various answers, it is evident, might be made to such an inquiry. Professor J. Laurence Laughlin, of Chicago, last year hazarded a guess as ta the disappearance of this large sum of gold, which he estimated in 1901 as amounting to $1,500,000,000, but which, on the basis of the estimate which we have made for 1903, should be more than $2,800,000,000. Professor Laughlin suggests that this immense sum is* largely held in reserve ' by -great financial houses in Europe, and <by many other private bankers, the ?character of whose business does not require them to make public reports of their specie holdings. ' "If Professor Las?hlin's guess is correct, this is a fact of enormous im? portance. One thing is certain, that the amount of gold in the world must be very much larger than the esti? mates made by the Director of the Mint show. In view of the immense needs of the various governments of the earth during the next few years, and of the efforts that are being put forth to put China and Mexico on the gold basis, the probability that there is more gold in reserve than appears in the records should inspire increased confidence." Rubber Neck. - Sabber neck or Joints wiih Elliott's Emulsified Oil Liniment. It will remove all stiffness and soreness. It is better than plasters for lame back, or pain in the chest or side. Elliott's Emulsified Oil Liniment cures muscular rheumatism. Full 1-2 pint bottles, 25 cents at ail deal? ers. Mr. J. T. Harris has made a deal for the shipping privileges of White Stone lithia water for Jen years. This trade does not interfere with the hotel, which will h av? the use cf all water necessary for the house. The lessees are Dugan & Sheftal, whole? sale grocers, and Solomon Sheftall, wholesale grocer, of Savannah. These men expect to push^ the business and have men travelling over tne country wherever good, healthful water is desired. The price agreed on for the ten years is 850,000. The Centre of Life. We liva only by the food that is digest? ed and assimilated, hence the stomach is the "centre of life.'' If the stomach is weak, the body will ba proportionately weak. Strengthen the "centre of life" by using Rydnle's Stomach Tablets. They digest the food and rest the stomach They act as a tonic to the ai>restive organs and help nature restore them to health. These Tablets are jjuaranteed to relieve at once and tpeediiy care indigestion and dyspepsia. Trial size 25 cents. Family size containing 2 1-2 times the trial size, 50c. All dealers. 1 h >cAL CURE FOR It has recently been discovered tha? ?he germs \ produce Malaria, breed and multip:^ In the intestines and from there spread throughout the system by means c? *he blood. This fact ex? plains why Malaria is hard to cure by the old method of treatment. Quinine, iron. etc.. stimulate the nerves and build up the blood, but do not destroy ?he germs that cause the disease. Rydale's Tonic has a specific effect upon the intestines and bowels, freeing them from ^11 disease breeding mi? crobes. It ?iso kills the germs that infest the veins and rrteries. It drives Tom the blood all poisonous mattel gad makes ii rich and healthy. RYDALE'S TONIC is a blood ?ui?der, a nerve restorer, and a Malaria destroyer. Try it, it will not disap ocint YOU. TILLM?H FOB G?B1HET. Reported That He Will be Offered the Navy Portfolio. It is reported, and not without the appearance of justification for the rumor, that in the event of the suc? cess of the democracy this year Sena? tor Tillman will be made secretary of the navy if he would accept the port? folio. Senator Tillman has been one of the most active and useful members of the committee on naval affairs for some years in the Senate and he stands in with the Parker people. His great work at the convention in the interest of harmony and his outspoken honesty have sent his stock way up. -The Florence Daily Times. Wasting Coughs. Lingering, wasting coughs may end in consumption. Rydale's Cough Elixir -will stop the cough and heal the diseased mem? brane of the throat and lungs. Ey dale's Elixir is the most efficacious remedy ever discovered for all chronic throat and lung trouble and those debilitating, "run down" conditions of the system, which so stub? bornly resist treatment and which, if neg? lected, may end in fatal disease. Trial size, 25c. Large size, 50c AH dealers. WEE* END RATES. Excursion Tickets to Popular Resorts Now on Sale by Atlantic Coast Line. The Atlantic Coast Line will sell week end tickets, beginning May 28th and continuing until August 27th to the following named points. Tickets sold each Saturday are limited for re? turn on Tuesday following date of sale. Bates on : Charleston, S3.85 ; Cross Hill, $3.65; Georgetown, $3.00; Glenr, Springs, $4.10; Greenville, $4.65; Isle of Palms, $3.85; Spartanbt:rg, $4.10; Sullivan's Island, $3.85; Waterloo, $3.95; Whitestone, S. C., $3.90; Wil? mington,. C., S3.85. J. T. China. Biliousness is Dangerous. When tne bile is not flowinjr freely into the bowels, it is taken up by the blood and is deposited in all part? of the body. Ev? ery important organ, in fact, every tissue of the body, e^en to the skin layers, are e ffected by the poison ladened bile. It saps the energy, dulls the brain, weakens the lungs and kidneys and ir.rites disease germs. It affects the heart, stomach and bowels, causing marked functional dis? turbances that may result in disease. A bilious or jaundiced condition of the sys? tem is very dangerous and should be-cor rected at once. Rydale's Liver Tablets speedily cure biliousness. They act spe? cifically on the liver, bile bladder,, bile duct and the bowels. They never fail to cure liver and bowel troubles. Price per box, containing 50 tablets, 25c. All dealers. GINNING MACHINERY 3-E-S-T M-U-R-R-A-Y Made by Liddell Not only trp with thc times? 2stat many years ahead, ?? other* systems are modern. QUALITY ?and?. QUANTITY Get Particulars from G - I .? B . B ? ID . S COLUMBIA, 5. C. Please mention this paper. J N. G. Osteen, Jr., SURGEON DENTIST, OFFICE : No. 18 W. Liberty St., (Over Osteen's Book Store 1 SUMTER, S. C. Office hours, 9 to 1.30 ; 2 30 to 6. C. PT Osteen, M. D. No. 18 W. Liberty St., (Over Osteen's Book Store), SUMTES, S. O. ' EXECUTIVE COMMITTEE MEETING." At a meeting of the Executive Com? mittee of Sumter County, held this june 21, 1904, it was ordered: That, there shall be four campaign meeiings held in the county, the pres? ent campaign, to wit: At Privateer on Fridav, August 12. 1904. At Shiloh on Fridav, Augnst 19, 1904. At Dalzel on Tuesday, August 53, 1904. At Sumter, C. H., Saturdav, August 27, 1904. The following is the list of assess? ments made by the committee: Candidates for Congress, 815 each. Solicitor, $10 each. Clerk of the. Court, 825 each. Sheriff, $25 each. Treasurer, 810 each. County Auditor, $10 each. Supt. Education, $7.50 each. House of Representatives, $7.50 each. Magistrates, $5 each. Coroner, $5 each. That the above assessments shall be paid by all candidates on filing theil pledges, and all pledges shall be filed with the Secretary of the Committe? 8t Sumter, C. H., S. C., by Thurs? day, August lltii, 19U4 at 12 m. That the Executive Committee dc meet at Sumter, C. H., S. C., on Sat? urday, July o0, 1904, at lia. m., tc appoint the managers to conduct thc primary election and arrange for the same. Corect Attest : E. W. DAB BS, fl. L. B. WELLS, Secretary Committee. . All county papers please publish. akJnne 21. . \ Wi o?* Bin m mm m s s 52 BB Ri FOLEY'S ?EY CURE strengthens the urinary organs, builds up the kidneys and invig? orates the whole system. IT IS GUARANTEED TWO SIZES 50c and $1.00 SOLO AND RECO? Heine can dc more. ' Passed Stone and gravel With Excruciating Pains A. H. Thurnes, Mgr. Wills Creek Coal Co., Buffalo, O., writes: "I have been afflicted with kidney and bladder trouble for years, pass? ing gravel or stones with excruciating pains. Other medicines only gave relief. After taking FOLEY'S KIDNEY CURE the result was surprising. A few doses started the brick dust, like fine stones, etc., and now I have no pain across my kidneys and I feel like a new man. FOLEY'S KIDNEY CURE has done me $1,000 worth of good." No Other Remedy Gan Compare With It Thos. W. Carter, of Ashboro, N. C., had Kidney Trouble and one bottle of FOLEY'S KIDNEY CURE effected a perfect cure, and he says there is no remedy that will compare with it. TT cL sJT?lR j Z? j : Let's 5peak Frankly : > Those who think they can afford it, pay thc "advertised " price." Those who are not sure, investigate and calculate the * cost, For example: Take a typewriter. SliX) is the "stand ' ard price"-well advertised. Yet we alt know there is not one > hundred dollars' worth of value in any machine provided equal merit can be had at less price. Waste has no place in * \ the scheme of success. The Chicago, $35, Is the best machine at any price, and in purchasing it you save St?. For sale by H. G. OSTEEN & CO., 16 W. Liberty Street - Sumter, S. C. e Set A Magazine of Cleverness. Magazines should have a well-defined purpose. Genuine entertainment, amusement and mental recreation are the motives of The Smart Set, the THE MOST SUCCESSFUL OF MAGAZINES. Its novels (a complete one in each number) are by the most brilliant authors of both hemispheres Its short stories ar? matchless-clean and full of human in? terest. ( Its poetry covering the entire field of verse-pathos, love, humor, tenderness-is bj the most popular poets, men and women, of the day. Its jokes, witticisms, sketches, etc., are admittedly the most mirth-provoking. 160 PAGES DELIGHTFUL READING. No pages are wasted on cheap illustrations, editorial vapor? ing or wearying essays and. idle discussions. Every page will interest, charm and refresh you. Subscribe now-$2.50 per year. Remit in cheque, P. 0. or Express order, or registered letter ro THE SMART SET, 452 Fifth Avenue, New York. N. B.-Sample copies sent free on application. <$>ccx.ccc vz ecce cccx: cc vczx. &e &e&e occccx ecce cc vzvzc^vc&e * ? E 19.S I Pays the Railroad Fare from 1 SUMTER, S. C., I to the I World's Fair, St Louis, and return. J On June 14th, 16th, 21st, 28th and 30th $ I the Atlantic Coast Line will operate Coach $ I Excusions to ?t. Louis, Mo, at the above | I rate, for tickets limited to ten davs including f I date of sale, endon ed "Not nood in Parlor or t % Sleeping Cars." % Jp Kate? for Season, Sixty Day and Fifreen Day tickets and ;[ ^ any oilier information as to schedules, sleeping car rates, etc., ^ will bo furnished with treasure by any ticket agent or the rr- undersigned. j: $ H. M. EMERSON, W. J. CRAIG, ?j? ? Traille Manager, Gen. Pass. Agent, % <U Wilmington, N. C. $ W. ?. B?HM, Prest G J. SOWER, Seo. S Treas. The Sumter Banking & Mercantile Company, 31X1X1 terr, 3, C. --Capital Stock $50,000 Wholesale Grocers, Fertiliz= ersand Farmers' Supplies. Sole agents for the celebrated brand of Wil? cox & Gibbs Fertilizers. We are prepared to quote the very closest' cash or time prices on all lines of Groceries, Fertilizers and Farmers* Supplies, And invite your investigation before making your arrangements for another year. Come to see us. We will save you money, and give you a hearty, courteous welcome. Slimier Banking & Mercantile Company, Masonic Building, 2d door from the Postoffice. Sumter, S. C. PERUVIAN GUANO, NITRATE OF SODA, fl URI ATE OF POTASH. Are Headquarters.