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The Weekly Tribune
THE WEEKLY TRIBUNE
One year ...gsou
months
|BP p * n qvm r»1fl ronnin'tl In artvpnce
THUKSDAY, NOVEMBER 16, 1893
▲GKNTA FOR THE 'I RIBUNE.
Ar rnchee - Miss Lillian Watt*.
Crvstal Springs—Mr*. P M. Storey.
Cave Spring—T. J. Divis.
SilverCre^k—George Porter.
Van’.-* Valley—B. B Sandor*.
We will pay 25 cents each tor
a tew copies ot The Weekly
Tribune «>t March 10th.
W. G. COOPER, Mang
TAKE COURAGE AND KEEP ON.
Under thia head the New York
Son has this striking editorial, which
is well worth the thoughtful consid
eration of Democrats.
‘•The adverse tidal wave that so
regularly strikes the party in power
midway in the term of its adminis
tratiou has appeared in Mr. Cleve
land’s case one year ahead of time.
The reaction was due in 1894. It
has come in 1893.
“Its origin is as unmistakable as
its dimensions are formidable. Lo
cal questions and issues personal
to candidates greatly affected the
result in King’s county, in Erie
county, in New York State as a
whole, and in New Jersey. But these
local questions neither produced
nor measured the tremendous up
heaval of Republican sentiment that
manifested itself on Tuesday
throughout the length and breadth
of the country wherever f here was a
chance to vote. They were incidental
in New York and New Jersey. The\
did not operate elsewhere. It would
be childish to attribute the overturn
of Democracy in Massachusetts and
in lowa, the increased Republican
vote in States already Republican,
and in Ohio the appalling majority
for McKinley, the author of the Mc-
Kinley bill, over Neal, the author of
the tariff plank in the National
Democratic platform of 1892, to any
other cause than the real
in the returns in
to all eyes,_
fate of unconstitutional pro
tection is not yet settled. The bat
tle against a robber tariff is not yet
won. There is mighty hard fight
ing ahead before the Democracy can
complete the work of reform which
it has undertaken and redeem the
irrevocable pledge it has made.
“The reverse on Tuesday will prove
a set back to the speedy enactment
of a constitutional tariff for revenue
only ; for its effects will be felt in
Congress. There are time-servers
and opportunists and candidates
for re-election next year, who will
weaken in their zeal for an immediate
attack on protection all along the
line. There are Congressmen who
will advocate the postponement of
the assault until a more favorable
time. Voices, lately for accepting
no terms short of unconditional sur
render, will be heard proposing com
promises, and uttering the shallow
and selfish arguments of political
expediency. It will require all of
the firmness of Grover Cleveland to
hold the Democratic majorities in
the House and the Senate to the
course which he has marked out for
them.
“Is the duty of the Democracy
therefore altered? Not intheslight
estparticular! Fora party which
has taken a decided stand in a mat
ter of fundamental principle, it is
better to be submerged temporarily
under votes than to be buried forever
beneath universal and deserved con
tempt.”
We will soon come to the times
that try politicians souls. The days
for statesmanship are once more
upon us.
SENATOR CORPUT’S REPORT.
Senator Corput, as chairman of
the joint committee to examine and
report on the books and vouchers
of the State Treasurer and Comp
troller General has submitted the
committee’s report, which is a very
clear, concise and satisfactory docn
ment. It shows that the committee
did its work thoroughly and in a
business-like manner. The auditing
of the public accounts is no small
task and usually requires ten days
of hard work by expert Lnsf-rsv
men. From some acquaintance with
the methods of Treasurer and 0 mp
troller, we tnink the compliment
paid them is well deserved.
The report mentions the deposit
of bonds by foreign insurance com
panies as required by law, but does
not ment ion any deposit of securities
•>y building and loan associations
The business ot latter is so
great, and the interest in theirstock
so widely diffused that their compli
ance. with the law in the deposit of
securities is a matter of great con
eern to the public. This may or
may not come under the jurisdiction
of the Treasurer. The Foreign
building and loan companies have
the option either to deposit with
the Treasurer securities to the
amount of their business in this
state, or to file with the Secretary
of State certificates of other state
Treasurers or Trust companies that
they have such securities on deposit
elsewhere. We believe, however,
th it the same law requires build
ing and loan associations doing bus
iness in this state to make a deposit
of securities with our state Treasur
er. T) is is a matter of some im
portance, and we would like to hear
from the auditing committee on this
subject.
One noteworthy feature of the re
port is the large amount of cash in
the state depositories. It is shown
that on the 19ih day of June the
cash assets of the state amounted to
$1,100,533,17, and of this $1,008,-
835,50 was on deposit in the state
depositories throughout the state.
Nearly all the state’s money was in
the banks during the panic. So far
as we know, this is the usual cue
tom at that time of the year, but it
is a fact worthy of some thought,
ffr it has its good and bad sides.
There is no doubt that this million
in cash was a considerable help to
the Georgia banks during the worst
panic within the knowledge of this
generation. Whatever helped the
banks was a pillar to confidence and
credit, and helped us all to weather
that, it was
motion a risk to the
state. It is a well understood fact
that security which is abundantly
good in ordinary times is not so
good in seasons like that of the year
now drawing to a close. The storm
has blown over, and all is well, but
this year’s experience shows very
clearly that with such large sums on
deposit, the state cannot be too care
ful as to security.
A SACRED OBLIGATION.
The Constitution of the state of
Georgia contains this paragraph :
Every male citizen of the United
states (except as hereinaf or providid)
twentj-me years of age, who shall have
residtd in this State one year next pre
ceding the election, and shall have re
sided six months in the county in which
he offers to vote, and suall have paid
ALL TAXES WHICH MAY HEREAFTER BE
REQUIRED OF HIM AND WHICH HE MAY
HAVE HAD AN OPPORTUNITY OF PAVING,
AGREEABLY TO LAW, EXCEPT Fi'R THE
YEAR OF THE ELECTION, SHALL BE
DEEMED AN ELECT >R.
Before a member of the legisla
ture can take his scat he takes the
following oath:
“I WILL SUPPORT THE CONSTITUTION OF
this state, and of the United States;
and on all questions and measures that
may come before m«. I will so conduct
myself as will in my judgment, be most
conducive to the interests ana prosperity
of this State.”
It is the sacred obligation of the
members of the legislature to suopoi t
the above provision of the Constitu
tion among the rest. Senator Cor
put has introduced a bill to carry
this provision of the Constitution
into effect. This is the purpose of
the bill, its reason for existence.
The issue is now squarely made.
Will our representatives vote and
work to carry out the provisions of
the Constitution as they have sworn
to do, or will they dodge? If the
bill is imperfect they have a full and
free opportunity to amend it to their
ratisfaction, but since the matter is
brought to their attention they must
decide whether they will support
the Constitution or not.
GOOD WORK PAYS.
This little lecture by Airs Eliza
belh Stuart Pheips applies to every
kind of work and it becomes more
true ns the competition of life grows
harder. It will pay every boy and
girl in Home to cut this out ana
learn it by heart:
“Half-finished work will do for
amateurs. It will never answer for
I T>ro»o<>ainnnls. The bracket you are
■si •i > lor a New Year’.-, pie sent can
I hang a little crooked on its screws,
THE WEEKLY IKHIUMi;, THURSDAY. NOVEMBER 16. 1»»<.
and you will he forgiven for the love’s
sake found therein by the dear hearts
io which you offer it, bu* the trinket
carved for sale in the Sorrento rooms
must be cut as true as a rose leaf.
You can be a littie shaky as to your
German declensions in the Schiller
dub, which you join so enthusiast!
cally after leaving school and no
streat harm overcome of it, but teach
Schiller for a living, and for each
dative case forgotten jou are so
much money out of pocket. People
who pay for a thing demand tbor
ough workmanship or none. To offer
incomplete work for complete market
price is to be either a cheat or a beg
gar. The terrible grinding laws of
supply and demand, pay and receive,
give and get, give no quarter to
shilly-shally labor, lhe excellence
of your intentions are nothing to
the point. The stress of your pov
erty has not the slightest connection
with the case. A publisher will
never pay you for your poem because
you wish to help your mother. No
customer will buy her best bonnet
lor her wheat flour of you because
you are unable to pay your rent.
When you have entered the world
of trade you have entered a world
where tenderness and charity and
personal interest are foreign rela
lions. Not ‘for friendship’s sake,’
nor ‘for pity’s sake,’ nor ‘for chival
ry’s sake,’ runs the rallying cry of
this great world—but only ‘for value
received.’ ”
COTTON ON THE MANCHESTER
CANAL.
The great Manchester Ship Canal,
which has just been completed, will
reduce the cost of getting cotton
to the f pinners nearly two dollars a
ton. The following from a London
dispatch of the New Y’ork Sun
gives the details:
“It is evident that the Manches
ter Ship Canal, which will open on
January 1, wid obtain a large share
of of its business from cotton carry
ing steamers. The managers of the
canal say that several steamers have
already engaged to bring cotton
from New Orleans and Galveston to
Manchester direct; and 323 spin
ners, owning more that 20,000,000
spindles and consuming about 350,-
000 tons of raw cotton yearly, have
signed a statement booming the new
route. They pledge themselves to
give preference, when buying to ar
rive, to cotton shipped direct, and,
when buying on spot, to cotton im
ported direct and stored in Man
chester.
“The present cost of conveying a
ton of cotton from a ship in the
Liverpool docks to Manchester is
thirteen shillings and eight pence,
while the total amount payable to
the ship canal on cotton landed in
the Manchester docks for canal toll,
wharfage and landing will be seven
shillings. In order to encourage
shipowners to begin loading vessels
for Manchester, the canal company
have agreed not to charge ship dues
upon cotton vessels delivering cargo
in Manchester during the cotton
season ending October, 1894. This
will be a saving to the ship of one
shilling and three pence net a ton.
A GEORGIA IDEA.
Our esteemed contemporary, the
Atlanta Constitution justly claims
the World’s fair as a Georgia idea.
It is a little too exclusive to call it
an Atlanta idea, for John Root was
from Georgia at large: Our con
temporary says:
“It is well known to every
body that the world’s fair
at Chicago was planned by the
late John W. Root, of Atlan
ta, and that all the beauty and
splendor of the White Citv origi
nated in the brain of the great archt
tect, although the details were work
ed out by the hands of others.
The statement is now made by
The New York World that the man
who first suggested the fair is Will
iam Euclid Young, a New York stock
broker. Mr. Young formerly resided
in Atlanta and was at one time one
of our prominent business men.
“It will be seen that the world’s
fair was wholly an Atlanta ides,
suggested and planned by Atlanta
men. The next time the country
attempts an enterprise of similar
magnitude its promoters will, il they
are wise, visit this city of original
ideas and engage somebody to boss
the job.”
It came perilously near being a
Constitution idea also, for the
wor'd's fair is understood to have
been a Chicago edition of the Pied
mont Exposition, and the latter
was the brilliant suggestion of Wal
lace Piedmont Reed.
THE STATE BANK TAX.
We are glad to see the Democratic
press sr near a unit on that plank
in the Democratic platform which
recommends the removal of the tax
of ten percent on the issues of State
banks. It is well for brethren to
dwell together in unity.
While the subject is up, we would
like to sec moi e attention paid to the
basis of the proposed issues by State
hanks. Congress will probably take
some action on this subject before
it takes the bridle off. Any bill which
passes both houses is likely to pre
scribe a standard of security for
State bank bills, and the nature of
that security is of tie utmost im
portance. We trust that the pres
ent basis of bonds will not be adopt
ed without trying to find something
better. We have seen how the pay
ment of maturing bonds has re
duced the circulation of national
bank notes, and how this has afford
ed an excuse for re-issues of bonds
during Foster's administration.jAny
currency based on bonds is subject
to two evils, either the contraction
of the currency or the perpetuation
of the public debt. If such a cur-
rency is maintained, the public debt
must be increased as business in
cr.ases, in order to give the neces
sary increase in the volume of cur
rency. Either horn of the dilemma
is had enough.
We have previously cited as an
instance the case of the State of
Georgia, which has a public debt of
eight millions, and owns a railroad
valued at about the same amount.
It Georgia bonds became the basis
of bank issues, a very embarrassing
situation would be presented in case
the State had a chance to sell the
road for a round price and retire its
bonds. Under the State Constitution
the proceeds of such a sale could
only be applied to the payment of
the public debt. That is what ought
to be done whenever a good price
can be had for the property. The
State has no business to own a rail
road. It is socialistic and not dem
ocratic, and there is no good in it.
But the road could not be sold if
there was a State bank currency of
eight millions in circulation, based
on Georgia bonds. It would create
a local panic to retire the
bonds. It is true the eight
millions paid for the road would go
to the holders of the bonds and
would be used in redeeming the bills,
but nevertheless there would be
eight mill'ons less currency in cir
cu'ation. A contraction of that
amount would affect the money mar
ket of the entire country and the
blow would fall with greatest vio
lence on the State affected.
Suppose a series of bank issues in
every State, based on state, county
or municipal bonds. The census
statistics show periodic changes in
the amount of such debts. The
fluctuations of local debt are as
ceaseless as the tides of the ocean,
and have nothing like the constancy,
even in reduction, that we have seen
in the national debt. To commit
the currency of the country to such a
shifting basis would be folly analo
gous to that of the man who built
his house upon the sand. The rains
came and the floods beat upon that
house and great was the fall thereof.
So will it be with this financial
patchwork palace, when the storms
come and the booms beat upon it.
We want something better than a
debt to base our currency on. The
principle is unsound and unpbolo
sophio. We are by no means depend
ent upon such a system, and now is
the time to find a .better. Associated
credit is the thing, and in that, the
clearing house certificate is an object
lesson of commanding interest.
THE NOVEMBER ELECTIONS.
The November elections arc cal
culated to bring the Democratic
party to its senses. This dash of
cold water in tho face of a triumph
ant,uproarious aud riotous majority
is enough to sober and soften it and
bring it to an attitude of thought
fulness and care.
The voters in New York, Ohio,
and Massachusetts seem to have
concluded that if the Demo
cratic party had to have a riot,
before it could carry out the first
pledge of its platform, there was no
telling what trouble would come be
fore the rest of its promises were
fulfilled. Those States were not
affected by the free silver craze and
the d isaffectiou cannot be accounted
for by the supposition that the fail
ure to vote free coinage was resented.
The tariff was the issue in Ohio.
McKinley was as much against free
coinage as Neal, and if any national
issue controlled votes in that State,
it was the issue of protection. There
the protectionists massed their
forces for the_purpose of giving the
country an impression that there is
a reaction against tariff reduction.
The State of Ohio is one of the chief
beneficiaries of the McKinley tariff.
Like Pennsylvania, it is the home
of the protected classes, and they
have rallied to the help of their
champion.
In New York local issues did more
than half the damage. The Re
publican State ticket wins by 20,000
while Maynard, the corrupt judge
nominated by the De i ocratic ma
chine, loses by 80,000. He is heaten
by Gaynor, a Democratic lawyer
whom the Republicans nominated.
This is an object lesson which the
Democrats of New York should not
neglect. Alachine methods may
triumph for a time, but in the end
they will have their rebuke. So it
was in Chicago, where the Demo
cratic ticket was elected, with the
exception of the judicial ticket,
which was elected by Republicans.
There again the Republicans nomi
nated a clean Democrat, Judge Gary,
candidate of
ie,
thus set he^-condemnation
on corruption. She has effectually
rebuked Governor Atgeld for hi
pardon of the anarchists and his at
tack on Gary, the upright judge.
With this lesson before them, the
Democrats ot Illinois will hardly re
nominate Atgeld for Governor when
his term expires. The whole coun
try has cause to rejoice over this re
sult, for an endorsement of Atgeld by
Chicago would have encouraged
anarchy to a dangerous extent. The
appeal from Atgeld to the people
has been heard, the governor has
been reversed and the anarchists re
buked.
The verdict of Alassachusetts is
hard to understand unless upon the
theory that its voters believe the
Democrats in congress have not the
courage of their convictions, as re
corded in the Chicago platform.
Massachusetts is par excellence, the
State of sound currency men. Tar
iff alarms may have played some part
in the revulsion.
The result of the elections in Vir
ginia and Kentucky is a revelation.
It has been contended that large
masses of Democratic voters t hrough
out the South were in open revolt
because the Democratic congress
failed to pass a bill for the free
coinage of silver. Now we know
better. The issue was squarely made
ia Virginia between Populists and
Democrats, The Populists hai«
been ignominiously defeated. The
Democratic majority is larger than
it ever was. The Populist
revolt seems to have petered out in
the Old Dominion. Jerry Simpsi n,
the only sockless evangel of that
cult, was on the field, and with him
Pence of Colorado, who contests
with Bryan the first place among
Populist orators. These two tried
hard to marshal the Populist hosts
that were supposed to exist in Vir
ginia, but the hosts failed to mate
rialize. The result in Kentucky
showed no Pop iliet revolt, although
there has been a free silver cult in
that State. These elections show
that this wild western plant has not
taken deep root in southern soil.
Wc will know how to discount its
claims in Georgia hereafter. It was
very loud mouthed in this State a
year ago, and was overwhelmingly
defeated. Now Virginia renders
the same verdict and Kentucky also.
' An election in Georgia would do th i
«iame thing.
Work on the new cruiser Maine,
at the Brooklyn navy yard, is being
delayed from a novel cause. The
Maine is to bean armored ship, and
her hull, machinery and armor
plates are ivarly, but nobody knows
how to put the plates on. Thu
armor is of the “Harveyized” type.
Its basis is nickel steel and the sur
face is hardened by the Harvey sys
tem. When it came time to begin
putting on the plates it was found
that there are no tools made capa
ble of drilling holes through the
plates to permit of their being fas
tened on with bolts. The Harvey
ized plates absolutely defy tools,and
as no method of fastening on plates
except with bolts has been devised,
work on the Maine is at a standstill.
The New York Tribune calls on
Editor Dana to tell the people the
pleasure and profit of reading Shake
speare,whereupon the old man makes
this splendid tribute to the immor
tal bard:
“Things that are better than pleas
ure, more valuable thanprofit, they
might thus secure. The soul would
be illuminated, the intellect broaden
ed, the spiritual nature exalted, the
affections refined, the life dignified,
the whole of the cherishable powers
of manhood or womanhood inspired
and augmented. The influence of
Shakespeare’s genius is ennobling.
It is to be hoped that Alessrs.
Corput and Neel will perfect their
registration bill and not forsake it.
It is a good child and only needs a
little combing of the kinks. By all
means preserve the feature which
purges the registration list of tax
defaulters. That is the merit of the
bill and its raison d’etre. We hope
its parents will stand by their
bantling.
Whenever a proposed reform is
inconvenient to the politicians they
raise the old cry that the wolf raised
about the lamb’s muddying the wa
ter. It was found that the wolf
muddied the water, for he was up
stream. Whenever you bear vehe
ment objection bo electoral reform
you may depend on it that the poli
ticians are up stream.
The Democrats had established
the Australian ballot and other elec
toral reforms in a number of states
before the third party was born.
Yet we are told that this is a popu
list’s innovation. Some populists
pay their debts. Shall Democrats
therefore advocate default?
Certain politicians are beginning
to kick against the Australian ballot
in Georgia. The same would com
plain at St. Peter’s gate that the
light was too bright. We may have
to wage a campaign of education in
Georgia before this reform is carried
out.
AlcKinley seems to be the coming
man in tho Republican party. He
will come and then he will go. Seme
Democrat will come to stay.
FEEDING HORSES.
[From the Country Gentleman.’
Eds. Country Gentleman—Please give
best ration for promoting the growth of
a two-year-old iilly. She is bred for a
roadster, is bright, smart and in good con
dition; fattens easily, but seems a little
deficient in bone. Has been in pasture
this summer with rolled oats and bran
every day. Is it too late to increase the
growth of a six-year-old mare that has
raised a colt this summer? She is of the
small, active type and quite fast. E. H. L.
North Bayhan, Mass.
We should advise E. 11. L. to grind
some good oats, and make a mixture of
5 lb. floe wheat bran with 4 ib. ground
oats, ard feed 2 bl. of thia mixture to tho
two-yeai>old filly, morning and evening.
If it should happen that the bone is in
creased more than L thinks proper, he
might change the mix'ure to a rqual
weight of fine wheat bran and ground
oats. We suspect that the rolled oats
which he has been feeding are one of
those improvements nude by the miller
to suit bis customers, and that it con
tains much less bone material than sim
ple ground oats. Bran mat es more bone
than oats, but it is a coarser bone, and
therefore a mixture of bran and oats
combined makes a finer aud better bone
for quick driving.
It ia ratbor late to experiment on a
six-year-old mars; yet it may produce a
change desirable to L. We should advise
that an equal weight of fine wheat bran
and ground oats ( he oats being a good
quality) bs mixed together, and that this
mare be fed 4 lb. morning and 4 lb. at
evening, besides her other feed, aud lM
I may pn ducu an improvement in tM
I marc. E. W. S.H