The weekly tribune. (Rome, Ga.) 1887-1???, February 01, 1894, Page 4, Image 4

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4 The Weekly Tribune. TH* WEEKLY TRIBUN*. OMjnr.... *IBB ■lx month* R 1 required tn advance. 1 ~ THURSDAY, FEBRUARY 1. 1894. AGENTS FOR THE TRIBUNE. Armoebee -Mie* Lillian Watte, CrjMal Spiings—Mr*. P. M. Storey. Cave Spring—T. J. Davla. ■liverCreek—George Porter. Tan** Valley—B. B. Sanders. THE OUTLOOK. Henry Clews makes some very en cou.-aging statements in his Satur day letter. He says: “This turn of the tide is most con •picuons in the Northwest and Southwest. In those sections, the mercantile interests show a distinct improvement, which expresses itself in the markets of this city in an in creased number of buyers, as well as in an ability to buy larger parcels, ■nd in better collections and fewer requests for extensions of payments. Unfortunat Jy, on arriving here, the a interior bujera find still a dis couraged feeling, much complaint •nd a lack of firmness in prices not withstanding the extraordinary lowness of the stock of goods; and under those circumstances they deem it prudent to buy Jess than they really want, with consequently dis couragement to our local merchants. A few days ago, a series of conces ■ions were made in staple cotton ( goods, which, instead of encouraging , ■ales, have frightened buyers and produced a general check on busi ness in that branch of trade. It would seem as tho igh manufactur- ( era and commission merchants have ( allowed their fears at the effects of ( tariff changes to get the better ot ( their sober judgment with the result , of their overlooking the favorable ( points in the situation and placing } themselves at the mercy of custu- t mors, who, under such circum- J stances, buy much less than they really want. And yet the fact that ( the long idle factories are so genet- , ally resuming work implies that f manufacturers are aware of the ( exhausted state of stocks and be ] lieve that the markets are prepared ( to take a fair amount of goods. As . this city is the headquarters for < manufacturers as well as for dis ( tributers, it is not surprising that ( the dispi'ited feeling among the former should, find expression here more than elsewhere: and a little , more experience is likely to convince producers that, it does not pay to ( infect their customers with their own misgivings. When that point ( is reached, there is likely to be a marked change from the feeling and the volume of trade which exist at the moment. “Mr. Philip D. Armour is quoted as saying—‘lt is time to begin to hedge on ‘bear’ views. rada has 1 picked up so much in the last ten days, I feel myself hedging on the view of the situation I took a fort night ago. There have been more signs of returning confidence this last week than I have seen for many a month.’ This is important testi mony from a competent judge of afiairs in the West; and the im provement to which Mr. Armour testifies cannot long fail to make its impression at this centre. What Mr. Armour reports for Chicago appears to apply equally to the Southwest. A recent dispatch from St. Louis to a local commercial journal states, Tn the general busi ness here there is absolutely nothing left of the business depression. The grain trade has suffered from cut rates to the East, which took grain of all kinds around the city on through bills of lading. Yet clever receipts have heen very fair. Job bers and manufacturers, particularly in shoe and grocery lines, report good orders and unusually free re mittances. The correspondence of traveling men is generally very con fident and hopeful, particularly in dry goods.” GORDON IN PHILADELPHIA. General John B. Gordon delivered his famous lecture in Philadelphia a few days ago and is thus compli mented by the Times of that city: “Eloquently voicing the spirit of reun ted brotherhood between North and South, and honoring the memo ry of both the Blue and the Gray henea*h the one flag of the Stars and Stripes, General John B. Gor <lon, of Lee’s old army, now United States Senator from Georgia, review ed at the Academy of Music last evening the “Last Days of the Con federacy.” The fall of that forlorn cause was tragically set forth from Gettysburg to Appomattox, but not as a rehearsal of battles and cam paigns. The gallant general strove to picture against that background of gloom for the South,the character of the American soldier, his devoted patroitism to duty, his bravery and martyrdom, Lis grim humor triumph ing ever the deepest despondency, his wonderful fellowship, drawing even the foes into friendship upon the border lines of battle. As the friend and comrade of Lee, the gen eral of one of those two wings that guarded him to the last, he bad many stirring and inspiring anec dotes to relate of that last act of the great conflict; but his lecture from opening to close was really a panegyric upon the true American ism which distinguished “Yanks” and “Johnnies” alike, and makes North and South one indissoluble brotherhood and nation today.” WIND ON THE FREE LIST. Congress seems to have put the wind on the free list, too, along with sugar and iron and the otner things Nothing else can explain the unpre cedented rush of that article into this country from Labrador and Manitobia and the territory of Great Bear Lake. Os course the rush of foreign pro ducts might be expected from those countries nearest to ns and most accessible to our markets. The Canadians and Esquimaux and the white bears have long desired to trade us their great output of bliz z*rds in the production of which they immeasurably surpass all the rest of the world. It seems that the white bears and the Esquimaux were about ruined by an overproduction of blizzards and frozen atmosphe-e and as soon as they learned that congress bad made wind free they dumped their entire stock on us at once. There is no earthly chance for our Ameri can wind producers to compete with the Esquimaux mills, because the quality of the article which we have ust received is very inferior and is produced from materials with which we are entirely unacquainted. Sugar we can expect from Cuba andiron products from England but we must always look to the Cana dians for blizzards and fresh air. SUMMERVILLE’S BANK. The News this week states that the bank of Summerville will be closed on Feb. 12th and that Mr. Smith its principal owner will move away. The News very properly refers with regret to the closing of the bank,and urges the citizens of Chat tooga to buy Mr. Smith’s stock and ceep the bank open. Summerville has for many years been one of the oest business towns in Georgia and its citizens should not allow its reputation to suffer by the closing of the bank. The late st'tement of the bank of Calhoun shows an interesting com parison with that of Summerville. Both were started about the same time with the same capital stock, and in point of business both towns have been regarded as about equal. By its annual statement the Cal houn bank shows a clean profit of $1,600, which wo”ld be hard to beat for a panic year. Summerville cannot afford to do without its bank, and if its citizens allow it to be closed they will make a mistake. THE CURSE OF POLITICS. In many respects the life of the politician is like the life of the gam bler. The one stakes his fortune on the casting of dice, and the other on the equally uncertain casting of bal lots. There is something intoxicating in the first tastes of politics—a fascination like that which gilds the beginning of all pathways which slope to the level of moral death, i Deeply buried beneath the glossy THE WEEKLY TRIBUJTK, THURSDAY. FtBRUAHY 1* IW4. surface lurks an evil influence which ■ insidiously destroys the higher and i nobler natu-e. The young man who remarked to a friend: “I am going to quit politics, I am losing all self respect,” realized that the insidious web was folding its meshes about him. To succeed,the politician must be careful to offend no man, and wha begins as caution finally becomes moral cowardice and a disposition lo overlook and excuse all things. The frank honesty and unyielding backbone which the world admires is utterly destroyed. The politician must be all things to all men if by any means he may get the votes. And to get the votes —to compete successfully with the man on the other side—he must re sort to methods which a clean con science cannot always approve. There are some rich rewards in politics for the man who makes poli tics bis business, but they are as uncertain as the rewards of the gambler and are obtained at almost as dear a price. ANOTHER AFRICAN SCHEME. The latest African emmigration scheme has developed at Birming ham. It is the same old idea on a differ ent scale. A company has been chartered which proposes to build its own steamers for the transpor tation of the negroes to their father land. Theie they propose to par chase land on which to plant their colonies. The scheme looks plausi ble enough provided the money can be raised, but it is very probable that this project will follow its prede cessors to the oblivion of Scheme land. COTTON FACTS. The editor of the Manufacturer’s Record has eomniled some interest ing facts relating to our cotton pro duction. A study of his figures will show that seven years of successively in creasing crops, as from 1885 86 to 1891 92, was unprecedented in the history of trade. It is doubtful if any leading crop raised can show such an unbroken increase for seven years. Jumping from 5,700,000 bales in 1884 85 to 6,500,000 bales in 1885 86, there was practically no baiting, as the variations in two years were too small to be noticeable, to 9,035,000 bales in 1891 92, a gain of 3,300,000 bales, or nearly 60 per cent advance in seven years. It ought not to have been expected that consumption could keep pace with such an increase. Fortunately there came a break, and we have now had two short crops. This will help to reduce the enormous stocks that have overweighed the market for several years. With surplus stecks worked off a fresh start can be made, and if next year’s crop is moderately small the cotton trade of the world will then be on a sound basis for higher prices, because con sumption will then have overfaken production. “la eighteen years cotton has brought into the South over $5,700,- 000,000, a sum so vast that the profit out of it ought to have been enough to greatly enrich that whole section. Unfortunately, however, the system which the poverty following the war developed, of raising cotton only and buying provisions and grain in the west, left at home but little sur plus money out of the cotton crop. The West and North drained that section of several hundred million dollars every year, because it de pended upon them for all of its man ufactured goods, as well as for the bulk of its food-stuffs. Hence, of the enormous amount received for cotton, very little remained in the South. The increase in diversified farming, the raising of home sup plies, the development of trucking and the building of factories are all uniting to keep at home the money which formerly went North and West. Whether the cotton-raiser himself be getting the full benefit of this or not, the South at large is necessarily doing so. “From 1840 to 1849 the average price in New York was eight cents per pound, lower average for nine years than any single year since has shown except 1891-92. “The importance of cotton in our foreign trade relation can be appre ciated from the simple statement that since 1875 our exports of thi staple have been va’ued at $3,800,- 000,0C0 while the to‘al exports of of wheat and flour combined for the same period have been $2,500,000,- 000, showing a difference of $1,300, 000,000, or over 50 per cent in favor of cotton. Moreover, during the same period we have exported about $200,000 000 of manufactured cotton goods, making the full value really $4,000,000,000. Compared with the exports of wheat, flour and com combined, the value of which finee 1875 has been $3,100,000,000, there is a difference in lavor of cotton of $900,000,000. Going back to 1820 it is found that the total value o flour and wheat exported for the last seventy four years is $3,913,000,000. or $100,000,000 le s than the value of the cotton exported during the last eighteen years. HURRAH FOR EVANS! The sentiment in favor of Genera l Evans candidacy is by no means confined to the old soldier element, although in bis regiment during the war there were seventy two Georgia companies; all classes and condi tions are flocking to his standard. The young men, old veterans, the woolhats of the wi-egrass and the sturdy mountaineers—all are prond to touch elbows and honor the man who fought with Lee. While it is more than apparent that the grand old hero will sweep the state like a cyclone, neverthel.ss he will not, in the slightest degree relax the vigorous effort he is mak ing in his spirited campaign, lie is a man of wonderful energy aid endurance and has forgotten nothing in the lessons in organization he learned while handling large bodies of troops. —Bainbridge Democrat. It is striking to think that there are only about 87.000 persons in the United States who are in receipt of an income of $4,000 or upwards which would be taxable under the proposed income tax measure. Yet that is the general estimate made, and it is doubtless approximately correct. There are several fortunes of $50,000,000 in the country, and seme above that mark, but the en tire number of millionaires in lhe country is probably fairly estimated at some four or five thousand. This estimate truly seems astonishing when we look at the fact that the nation has about 70,000,000 of pop ulation who are active, enterprising and aggressive far above the level of any European country, and that abounds in inexhaustible resources of almost every character. Wfa'ie this estimate probably places the great body of the people further down ia the scale of individual pos sessions than it was generally thought they should be rated, it also serves to show the power of the few who control the great wealth over the affaire of the country. According to the estimate of the Federal Burpau of Statistics, Ameri can securities to the amount of $75,000,000 or $100,000,000 were put upon our markets by European holders between January 1 and August 1, 1893. The Baltimore Sun says “this was in consequence of the silver scare growing out ot the Sherman act passed by the Reed Congress. These securities were purchased here, and to pay for them carried a vast sum of gold out of the country. Currency was locked up and industries were embarrassed for lack of it. The price of wheat was injuriously affected and people were unable to make their usual pur chases. Demand for manufactured articles decreased and imports fell off so largely that the revenues of the Government have been insuffi cient to pay expenses,enormously in creased as they were by the reckless extravagance of the same Congress. This is sufficient to account for much of the business depression which people may be suffering at this time without imputing any of it to imaginary tariff reform scares.” The announcement by Colonel William C. Oates of his candidacy for the Democratic nomination for governor ot Alabama sets at rest all speculation as to the colonel’s pro- bable action in this campaign. At this writing we have not seen the text of the colonel’s letter, which will be received in time, we hope, lor publication on another page of this paper. We feel assured, how ever, that be takes the positron that .-i Democrat should occupy and gives the promise that if nominated he will make a canvass which will force every citizen of Alabama to declare himself whether he be of the party or against it.—Mobile Register. The Atlanta Constitution says of ihe Gubernatorial race: “We clip the following from The Buena Vista Patriot, a represenla rive southwest Georgia weekly news paper: It does seem that Mr. Atkinson, in tbs face ot the great tidal wave all over the state f.ir General Evans, would'not at this I time attempt the race for governor. It would be decidedly better for in tn* to come out as gracefully a* possible and avert the Waterloo that is awaiting him. This is a suggestion on which Mr. Atkinson should act favorably. General Evans is all but nomilrated now. Fiom the mountains to the seaboard the suggestion of his name for governor has awakened the peo ple in every section of the state, and the response has been nothing less than remarkable. His spotless recoid, his common sense, his good business judgment, hi» splendid per sonal following, and his eminent tilness for the place bespoke him the next governor cf Georgia just as soon as he announced to the neople his position on the public questions of the day.” Representative Oates’ announce ment that lie will he a candidate for go /eraor of Alabama is tantamount to an acceptance in advance of the Democratic Domination. For it is pretty well assured that he can have the nomination if he wants it. The announcement is timely. The dem oeratic opposition in Alalrama this year will put up a harrier light than was made in the last election, hence the democrats must go to work at once to meet the attack. With Oates in the lead, the democracy will repeat its former triumphs, and this- lime, it is to be hoped, wij»e populism and Kolbism out of exist ence.—Morning News. This is the way tbe Nashville American sizes »p the situation in Alabama: “The Koibites are in dulging in their old blood and tbun der talk in Alabama. One of their leaders asserts that they have raised with which to conduct their ccmpaign, and SIO,OOO to buy rifles with which “lo enforce their rights.” This effort of the disor ganizers, sore beads and floaters to Loom their cause by gasconade, can but be accepted as an admission of their weakness. The regular Ala b.tna Democracy is all right “by a large majority,” as the irrepressible Capt. Kolb and his conglomerate adherents will be adequately im pressed next August.” Editor A. E Nix, of Buchannaa will have no foolishness in bis. He gives the public the following plata talk : “When you hear a fellow say ing anything about what we pub lish, or don’t publish, please inform him that’s our business and not his. This sheet is published as a Dews sheet for Haralson county for what little money there is in it. and the man who dees not help to support it should have lhe least to say about it, whereas he generally has the most to say. If the cap fits your bead, wear it, or place it back in the band box.” The smallest trick business house in New York city was opened for business a few days ago. It is 9 feet high, 15 feet 8 inches deep and 4 feet 4 inches front. It has a plate glass show window as well as a door. Its construction cost $l5O and it rents tor S2OO • year. It is situated in a blind alley between two collossal business buildings, and is occupied as a candy shop. The Bismarcks’ star of fortune seems once more in the ascendency. Following closely upon the reconcil iation between Prince Bismark and the emperor comes the antounce ment that Count Herbert Bismaibk, son of the prince, will be made im- perial ambassador to Austria. J| xay transpire, after all, that th mantle of power so long worn by thi old chancellor will fall np on th, shoulders of his son. But for th< overshadowing fame of his fathe Herbert Bismarck before now woul< have been recognized as one of tJ foremost diplomatists in Europe.! In the United States, incluijil the territories,there are now 1,901 daily newspapers 14,940 weeklies 2,230 monthlies, and, in all. 19,85 periodical publications. And then is not a doxen pubiisheis who wil be aflected by the income tax bill Carter Tate made bis first speed in congress Tuesday night. H won the compliments of the Georgi delegation an<t made s fine impres sion* os the house. i Th* Chattanooga Times is woB dering what will be done grea. crowds which will attentfl fair next fall. Getting the cr(®| there is the first th rag toeonskS A Spaiwoh proverb says, “Drin I ing water will neither make you J put you iir debt, nor make yoor w 1 a widow.” That depends altoget on the condition of the water-woi I Hon. W. Y. Atkinsow has t mJ and mingled with the people ■ Rome. It must have been upbfl work. Rome is a mountain!® Evans tovvu—Savannah Press. ® Is office in Georgia to be cons® ered in the nature of compensaiiS for past official •ervtre?—Brunswi® Times. That seems- to be apw vailing opinion. The K nox vi 11 e Jon roal d ouht-8® sanity of Judge Moo®, of Chat® nooga. Somehow the Cbattanq® editors have never bet Knoxville. S The last swell society event® New York was the bachelors’ ball® SIOO apiece. It was engineered® Sam Hull of Georgia.—Age-lleri® England's wealth is fifty bill io® including Oscar Wilde’s estimat® of himself.—Augusta Chroni J And brother Willie’s false teeth® Tar New York Sun, calls lhe B® son bill a bill for the suppression® the Democratic party. The Sut® a dyed in-the wool protectionist.® J. 11. Noble of Auoiston 1® bought the Sheffield and Birmip® ham railroad. He is going to.ma® a first class road out of it. ® Congressman Oaixs, will t®j| candidate for governor of Alab®| When asked about it he said “n so,” which means yes. ® A new populist paper has ® started in Birmingham. Will misfortunes of Birminghan ne ■ cease? Tmet have named a literary c® for F. L. Stanton down in Sin* fl ville. Fame has its fatalities. ® An enterprising photographer I® just succeeded- in making a g®| picture of the weather. B Therm is no doubt that Atki**®| will carry the Athens Banner howling majority. Anyone who reads the Ohio n®| papers can, see that gas is’ al in that state. ® Times ought to be good with I® gar free and coffee at half priced® Men may come and men ma®n but house rent goes on Banktr Mykick is looking f<® run on the Times-Recorder. THE TRAMP’S TALE, fl Hs from where he started And was goiug where he vent, lie hadn't had a atne'l of Not even bad a ecent, lie never eve* muttered once Till he began to talk, And when he left the ki’cben He took the garden walk. Mm lie eaid: -‘There's no one with B-oaueo I am alone; I might have scintillated M/ clothes have always shone. I get here 'Lre the other Because I started first; MM The reason I look shabbily 9® Is 'cause I'm dr ssed tho worst." ’.hen I arked him where to Thia was just before we And he muttered indistinctly, "Oh, I came from where I —(Chicago