The weekly tribune. (Rome, Ga.) 1887-1???, November 16, 1893, Page 4, Image 4

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4 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