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wanted to change the Constitution, establish the Gold Standard, and thus gfet a narrowed supply of money of final redemption, so that they could control the markets of the world. And they got it. Afraid to submit to the people an amend ment to the Constitution changing it, they made a treasury ruling, and an act of Con gress, do the work, and the Gold Standard, which violates the plain letter of our funda mental law, is upon us. In 1819, as in 1884, the U. S. Supreme Court decided that treasury notes, issued by the Government, and made legal tender, answered every purpose of lawful money. Therefore, our constitutional system of mon ey is gold, silver and legal tender paper—each dollar having the debt-paying function by rea son of the law, and each one of the dollars the full equal of every other dollar. In the Cooper Union speech and in my let ter of acceptance, in 1904, it was pointed out that the Money Question could not be con sidered as settled, when the Gold Standard vi olated the Constitution, and the practice of a hundred years. Evidently, the Money Question is just about the most unsettled thing that now confronts the American people. * * r You will miss it if you don’t read Premium Offers, which appear on another page. •e te * Shuford 9 s Motion and No Paper Next Week, The Weekly Jeffersonian will give all hands a rest next week —the principal reason being that Christmas comes but once a year. Our North Carolina friend, Ex-Congressman Shuford, suggests that we ask every friend of the two Jeffersonians to donate one day to the work of canvassing for subscribers. You hear the motion, Brethren. All who favor it please say Aye, and go to work raising a club on whichever day of Christ mas week suits you.r convenience best. If the old man should get a New Year’s gift of several thousand new subscribers he would probably jump up and crack his heels together three times, before getting back to solid ground. And surely out of the 24,000 subscribers of the two Jeffersonians, there ought to be enough of the co-operative, patriotic Spirit to influ ence one thousand out of the twenty-four to donate one day of Christmas week to the easy task of getting one new subscriber to the pa per and magazine. Try it, friends. And so—a Christmas to you all which shall be as merry as serious folks can be in a world where there is so much sorrow, suffering and sin; a Christmas as happy as it can be for those who dwell partly among memories, lost illu sions, disappointed hopes and fruitless efforts; a Christmas in which resignation to the ine vitable shall be as bravely cheerful as is pos sible to those who look below the surface of things and find mysteries that are full of ter ror; a Christmas in which you may experience that sweetest and purest of joys—the giving of pleasure to others; a Christmas in which you will remember that forgiveness is better than revenge, charity nobler than greed, love better than hate, and the faithful adherence to honest, conscientious convictions better than any reward apostasy can ever win; a Christ mas in which you shall be at peace with your self, at peace with your fellow man, at peace with your God. H K H Honor Poll. S. D. Daniel, Eden, Fla. P. F. Pruitt, Locust Grove, Ga. H. W. Carter, Powersville, Ga. H. W. Gordon, Madison, Va. J. W. Beach, Batavia, Ark. M. S. Cheshire, Moultrie, Ga. O. A. Clark, Randolph, lowa. A. F. Rowell, Andalusia, Ala. W. T. Stewart, Thomaston, Ga. (To be Continued.) H H H Editorial Notes. By J. D. Watson. Now that the time and place for holding the next Republican and Democratic national con ventions has been decided, there* will be live ly times among the candidates for the nomina tions, especially among the Republicans. Secretary Taft seems to be the leading Re publican candidate, but Cortelyou, Cannon, Fairbanks, Knox, Hughes and Foraker are still in the running. Since the President has again positively stated that under no circumstances will he be come a candidate again or accent another nomination the chances for Hughes or Cortel you securing the nomination grow better. Both are from New York and the New York dele gation is apt to go to the Chicago convention instructed for one or the other. Mr. Bryan seems to be considered the next Democratic nominee, but Gray, Johnson, Folk and Chanter are being talked of. But things are too unsettled to make fore casts at this time. The money question is apt to be the leading question in 1908, and this all important question may bring about different alignments from those of the present time. Newspaper headlines do not end panics and this one is not ended despite the newspaper reports to the contrary. In fact it is doubtful if it has yet reached its worst. Spring, the time for planting crops in the south and west, is to be passed yet, and it is then that we are likely to feel the panic more than we have felt it in the past few weeks. If the banks of the south and west are una ble to get money now, where do they expect to get it in the spring? If they cannot get it in the spring, what is the farmer of the south and west to do? Or if he has to pay a rate of interest that means probable ruin, what then? The money question will be one that strikes home and the farmers of the two sections will vote a ticket that does away with the present National Banking system and adopts a system that will afford genuine relief in times of h money stringency. Congress has done nothing yet, nor will there likely be very much done by the present Congress. Next year there will a Presidential election and the Republicans are afraid to do much for fear of hurting their chances in 1908. John Sharp Williams has again been elected the Democratic leader of the House, and the reform Republicans and Democrats will get lit tle help if Williams has his way. Had the Democrats elected as their leader a man who has the interest of the people instead of the interests of the corporations at heart, with the aid of a few reform Republicans, they might have forced through some relief meas ures that would benefit the country, or they could have made the Republicans show their hands so plainly that they would be defeated next year. But they have thrown away that chance by electing Williams, unless some of the young, independent Democratic members ignore Wil liams and make an effort to accomplish some thing for the benefit of the people. n Resolved, That the Secretary of the Treasu ry be, and he is hereby, directed to transmit to the Senate the following information: First, a statement giving the names and loca tion, classified by states, of all United States depositories, and the amount of public money THE JEFFERSONIAN. on deposit daily, in each, from October 1, 1907, to December 3, 1907, with amount and charac ter of securities therefor; and an explanation of important changes made in either amount or location of said deposits. Condition of Banks. Second, a statement showing in detail the condition of the national banks on August 22, 1907, and December 3, 1907, and the amount of national bank notes outstanding from time to time during such period. Third, an abstract of the proposals received by the Secretary of the Treasury for the pur chase of the Panama bonds and 3 per cent cer tificates of indebtedness, authorized by the Treasury circular of November 18, 1907; the amount of such bonds and certificates issued, to whom awarded, and the reasons for their issue. Fourth, a detailed statement of any informa tion he may have as to the amount of clearing house certificates issued by the clearing house associations of the principal cities from Octo ber 25, 1907, to December 3, 1907; the charac ter of such certificates, and the purposes for which they were used. Movement of Currency. Fifth, any information in his possession as to the movement of currency between the dif ferent sections of the country during the period from October I, 1907, to December 3, 1907, compared with previous years, and especially of shipments by the Treasury, or otherwise, from New York and Washington to points south and west. Sixth, a statement showing the amount of gold, imports and exports, from October 1, 1907, to December 3, 1907. This is the substance of the Clay-Culberson resolution introduced in the Senate by Senator Culberson, of Texas, and Senator Clay, of Georgia, and is undoubtedly the forerunner of a bill by these two Senators for reform in the present currency laws. It will at least show clearly where the money is and how much of the people’s money the national banks are getting the free use of. HMM LONG TIME FINDING IT OUT. • In one of his more recent addresses to the mem bership National President Barrett says: “The spinner is our natural enemy, from a busi ness point of view. Oh, yes, he is a gentleman, a pleasant fellow, and a nice man to have a ‘con ference’ with. He will get all the information he can out of you and will give you some valuable sug gestions in return, but when the conference is over he will go home eager in the pursuit of his business, the latter being to get possession of our cotton at the lowest possible price.” If Mr. Barrett and a few others hadn’t been so gree that it was dangerous for them to get inside the pasture with the geese they would have known all that, without having to learn it by going to con ferences on both sides of the Atlantic. Thousands of dollars of the farmers’ hard-earned money have been spent on these conferences by the union leaders, only to be told a few weeks later that the spinners are going to get the cotton for as little money as possible. The Journal and Tom Watson and pew haps a few others were telling the union this at the time when they were declaring that aj genuine love feast had been held between the grow 4 ers and the spinners, and that the marriage would be pulled off next year. We don’t know what they said about Tom Watson, but they said that| The Journal and the Cotton Growers Union peopld were in a combine with the cotton gamblers— i combine that reached from “Liverpool, England, t< Abilene, Texas.” We are glad the big union official! have found out that the growers want one thinj and the spinners another. And there are signs tha they are finding out the same thing with reference to the bankers and merchants, and if they wil only keep learning until they exclude all from the! councils but farmers who live on farms and fare for a living, they will be pretty nearly in line wit' the Cotton Growers’ Union. —Farmers’ Journal. • mH PAGE NINE