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THE CARTERSVILLE EXPRESS.
;Y c. H. C. WILLINGHAM.
Hie Cartersville Express.
,yjj) STANDARD AND EXPRESS.]
lIATES OF SUBSCRIPTION.
• year f® 00
' ' six months 1 C)
V three nonths 50
Ouc cvi j 1, Advance.
h—For (le’is of ten copies or |more
, Vi" , evannn n for each copy.
rates of advertising.
_ . iiiowiog are our e~tablis'ied rates for
. iv ami .v ill <e strictly adhered to in
all ea* I ''
■<- • "'i 4 2 in..B m.ifi m.il2 m
- 777 .•i’v) $2 001*2 DO SO Hi 00 $9 ( )jsl2 00
1 ’ !", ■; ,;■) '4 <H| 5 00, (I 00 12 I 17 001 22 (X)
~ I 5 75 li 7:. 12 00 16 00,21 C) 30 (XI
, - ~- t 725 850 14 50118 75 15 00 86 (X)
1 - 7 7 0(> H7SIOCD 17 00;21 5o 29 00! 42 00
*- >0 25 IS 1)0,19 f ) i\ 25 33 ( J 48 Oil
-,, ~-.iiil 75113 TD 2- 0i1.27 (HI 37 00 54 00
• ' j■ :j 25115 DO 2 * 50)29 75 41 (XI 00 00
".. I; CD 4 7DI 17 CD 127 00 02 f) 43 00 66 00
■* , I j 16 0(1)18 75 20 35183 00 48 50 71 00
1 1 vi J (XI. 17 25120 25 31 50 37 50,52 00 76 00
Dill 75 :;:', 75 40 00.53 DO 81 DO
!• \ it,) n 5i36 00142 DO 59 00 86 .X)
• ■-,()) 21 00 •> 75 88 25 45 (X).62 50 91 00
1' , ' - , i . it >2 25 26 25,40 50 47 60 66 (XI < i 00
J :(> f 3 DO 27 75 1? 75 50 ( rM DO IJI 00
. , Jl DO ■?:; CJ 44 75.52 25 72 .70 ,05 (X)
1' : ■ I ~(1 25 50130 25 16 75 D 1 50,75 50 109 00
i' ,’| •*-, 26 30 31 D I 18 75 50 70|78 50 113 00
' (XI 27 59 3:2 75 DO 75 59 00 81 50 117 00
28 50 31 11 52 75 61 25,'' 50)121 00
;M-950 35 °5 l r4 7563 50187 50 125 00
-•- -25 30 60-36 50,56 75|65 7: ,90 50.129 00
21 31 ‘>5.37 * :38 50 67 7519:3 001132 00
~“77, ns semlins in advertisement* will
. ' i .p-ic.iatC toe department of tile paper
l’ 1 ' '' , ~ ■|■ v wish them inserted—whether in
•J* “special” or “local” column;
1 , .|.r leu&th of time they wish them pub
’ • ' ,j ine space they want them to occupy.
4 iri r tiames of candidates lor otUu®,
dollar', invariably in advance.
Legal Advertising.
.-hoi-id f 1 C f a ‘ sales, per inch 4.50
, ivdion- foAetters of administration.... 3.00
tU“ llulu u u *• guardianship 0.00
Application for dismission Iron i
- - leave to sell xnd 2.50
s-lesof land per inch 2.50
f
JterSßSti&fZ? S
Application lor homestead 1-50
. )f . L , a i advertisements must be paid for in
l officers must act accordingly;
•T ,t tii, v may know how to collect for
:V : ‘! c arwd lor bv the inch, we will state
lh.lt 125 words An -his type) make an inch.
W hen Bills are Due.
p „iiK for advertising in this paper are due
• I- time alter the lirst insertion of the same,
,1 I ill he collected at the pleasure of the
prictor, unless otherwise arranged by con
professional Cards,
j. ;ii. noox,
VTTOKNEY at law.
CARTERSVILLE, ga.
0.V:.... ) ~-,inirs over Stokely & Williams,
tv,-) Main street. api2o
James W. Harris, Sr.
ATTORNEY-AT-LAW,
iM ; loor East of Express Office, Main Street.
CAUrERSVILLE, GA.
mar'W. l •' j
1 4\V A: BIiAL ESTATK.
W. T. WOFFORD,
I will lie in my office between the hours of 10
,n each morning, and will attend to any
■ inr.-s entrusted to my cam.
A. 51. FOUTE,
i’TORA E Y AT LAW
CARTERSVILLE, GA-
Wi Col. Warren Akin,)
Will practice in the courts of Bartow, Cobb,
1,,1U, li > :, Gordon, Murray,Whitfield and ad
joiuing counties. (Icc2-1 _ .
St. W. MIRPMEY,
ATTOIt NE Y AT LA W
Cartersville, Ga.
OFFIt K (up stairs) in the brick building
enviicr of Main and Irwin streets. dec.-ti.
J. W. HARRIS, Jr.,
ATTORNEY AT LAW,
Cartersville, Ga.
OFFICE next door to The Express printing
establishment. __
JOHN W. WOFFORD. THOMAS W. MILNER
WOFFORD A: MILDER,
ATTORNEYS AT LAW,
CARTERSVILLE, GA.,
OFFICE up stairs. Bank Block.
J AJI ns 15. COXYIvBS,
ATTORNEY AT LAW,
Cartersville, Ga.
WILL practice m ttio Courts of Cherokee
and adjoining circuits. Particular fltutiou
Kiveuto all business entrusted to my c.ue.
Collecting made a specialty. Office up-stairs
in the Bank Block. dec23-ly.
G. 11. BATES,
ATTORNEY AT LAW,
CARTERSVILLE, GA.
Office in tlie Court House.
'let 9-1 y ; ; ... ■ ■ - r w - - ,li_i j
$ DENTAL NOTICE.
Drs. Tigner & Johnson
Office up-stairs. in Brick Building opposite
The Express Office,
... .im-n. TREAT diseased gurus and ab*
Cv4Sr"s scessed teeth, All and clean
teeth, extiaet teeth, and in*
sert artificial teeth. All work
guaranteed. Terms reasonable.
jjusiness Cards.
SUE, LIVERY AND FEED STABLE,
THOMPSON & SCOTT
KEEP constantly on hand good vehicles
and fine horses, and every convey ance to
a'-'-ommodate the public. .
l-w Main street, Cartersville, Georgia.
mayll -tl' '
THE TENNESSEE HOUSE,
Cartersville Gra.**
JOSHUA SUMNER, Prop’r.
rnili: accommodations and fare .at this House
I ire i.nsun.assed in this section, and the |
Hiarges are as low as the lowest. ,mne-
NEW PHOTOGRAPH GALLERY
MESSRS. BUSH & BRC. fipve now opened
their pliotosruph gallery over Messre
-1 laytou's and MeUonald's store where eveiy
tldug in the line Of
Photographic Portraiture,
" ill be executed in a first-class, style. Old pic
tures copied, enlarged and finished in a st
that vv-ll surpass the original. A Iso stei eo
pic views and large views ot resideiicea
taken on short notice. niayn-n._
Wit. t. Wofford, C. H. C. W illingham,
Attorney-at-Law. Editor Express.
WOFFORD h. WILLINGHAM,
Real Estate Agents,
Cartersvilles Georgia
WE will se ll and purchase Heal Estate
upon Commission. Any l l *,”®*
- oi t foe .ale or wishing to purchase, ean havp
our services by application either at om mu
ing office, or by letter thvoug
! -i office. We will alo examine lands toi
distant owners, and give such inform at ion as
piu'UeiiiiHv| desire, of price etc. warm
Speci*al Notices.
NOTICE TO CANDIDATES.
Parties desiring to announce themselves as
| candidates for the Legislature, to fill any of
the county offices of Bartoyv, can do so in this
! paper for five dollais per square each, to Vie
paid in advance. No such announcement will
; be inserted until paid.
All these notices will he published for the
same price, whether the time he long or short
—running from time of insertion until the
election.
Directory of County Officers.
Ordinary—J. A. Howard.
Clkuk ofSuperior Court—Thomas A. Word.
Sheriff— A. M. Franklin. G. L. Franks,
Deputy.
Tax Receiver—A. M. route.
Tax Collrctor— W, F. Corbin.
County Commissioners— Russel H. Gannon,
Chairman. David V. Stokely, .John C. Aycock,
It. 11. Dodd, John 11. Wikle, Clerk.
Coroner— D. B. Mull.
Surveyor— ll. J. McCormick, G. W. Ilill,
Deputy.
IF YOU
Want b arders,
Want a situation,
Want a salesman,
Want a scrvant girl,
Want to rent a store,
Want to sell a piano,
Want to sell a horse,
Want to buy a house.
Want to buy a horse,
Want to rent a house,
Want a hoarding place,
Want to borrow money,
Want to sell dry goods,
Want to sell groceries.
Want to sell furniture,
Want to sell hardware.
Want to sell real estate,
Want a job of carpentering,
Wanta job of blacksmithing.
Want to sell millinery goods,
Want to sell a house and lot.
Want to advertise to advantage,
Wan’t to tind anyone’s address,
Want to sell a piece of furniture.
Want to buy a second-hand carriage,
Want to find anything you have lost,
Want io sell agricultural .implements,
Want to find aji owner for lost property,
Advertise in
THE CARTERSVILLE FAPRESS.
Travelers’ Guide.
CHEROKEE RAILROAD.
FROM and after this date the following
Schedule will be* run on the Cherokee Rail-
Leave Itockmart at 7:00 A. M.
“ Taylorsville, 8:00 “
“ Stilt sboro, 8:25 “
Arrive at ( artersville, 9:10 “
Leave Cartersville 3:00 P. M.
Stilesboro, 3:50
“ Taylorsville 4:30 “
Arrive at ftockmart 5:15 “
WESTERN & ATLANTIC RAILROAD
AND ITS CONNECTIONS.
The following Schedule takes effect April
30, 1875.
NORTHWARD. No. 1.
Leave Atlanta 4 io pm
Arrive Cartersville 6 23 p in
Arrive Kingston 6 52 p m
Arriv’e Dalton 8 32 p m
Arrive Chattanooga 10 16 pm
No. 3.
Leave Atlanta 5 4(1 am
Arrive Cartersville 7 57 am
Arrive Kingston 8 26 am
Arrive Dalton. 10 08 a m
Avrive.Chattanooga 11 55 pm
No. 11.
Leave Atlanta 8 (X) a m
Arrive Cartersville 10 20 a m
Vrrive’Kingston 10 53 a in
.’rive Dalton 105 pm
SOUTHWARD- No. 2.
Leave Chattanooga 4 00 pm
Arrive Dalton 5 51 pm
Arrive Kingston 7 21 pm
. i-ivo <Jm tcrsville * Ti i •
Arrive Atlanta 10 10 p m
> T o.4.
Leave Chattanooga 5 it) a m
Arrive Dalton 7 09 am
Arrive Kingston ® “6 am
Arrive Cartersville a m
Arrive Atlanta “ 11
No. 12.
Arrive Dalton 12 59 a m
Arrive Kingston., 4 16 a m
Arrive Cartersville a W
Arrive Atlanta 9 45 am
Pullman Palace Cars run on Nos. 1 and 2, be
ween New Orleans and Baltimore.
Pullman Palace Cars run on Nos. 1 and 4 be
tween Atlanta and Nashville.
Pullman Palace Cars run on Nos -a3 nd 2be
tween Louisville and Atlanta.
jEP"N T o change of cars betwi en New Orleans
Mobile, Montgomery, Atlanta and Baltimore
and only one change to New T< k.
Passengers leaving Atlanta at 11° P- m ’ a jA
rive in Now York the second thet 'altey at 4 00
' ‘Excursion Tickets to the Virgin ! a Springs
various Summei* ltosorts will oc on sale
in New Orleans, Mobile, Montgomery, Colum
bus, Macon, Savannah, Augusta and Atlanta,
at greatly reduced rates Ist ot June.
Parties desiring a whole car through to the
Virginia Springs Of W> PftßifuPl'P should ad
dress the undersigned.
Parties contemplating traveling should send
for acopyof the Kennemic Route Gazette, con
taining schedules, etc.
'iff Ask lor mH-Ai TiH “l^n^esww^Roiite.”
General Passenger and Ticket Agent,
may 22 dtf Atlanta. Ga.
ROME RAILROAD COMPANY.
On and after Sunday, Dec. BJtfi trains ftn tfie
Rome Railroad will run as follows:
DAY TRAIN —EVERY DAY.
Leave Rome Mr;,i.'m 8 “
Arrive at R0me....... ;r pbsW a fit
SATURDAY EVENING ACCOiIOtMTIOH,
Leaves Rome at 6 - P
Arrive at Rome at a P n ‘
ATLANTA & WEST POINT RAILROAD.
BASSEN HER tra in—out ward.
STATIONS. ARRIVE.
Atlanta 10.25 p. ill.
Ealt poiu::::; p* Mg* g-
Red Oak '-58 P-ID- Vi V; '
Palmetto 11:37 p. m. 11.38 p. m.
Powell’s 11 >* R P- ta P- ’P-
Newnan .. .... .. ...12*11 P- ™. 13:15 a. m.
Puckett’5.V............. •’■2:3o a a g
(Iraiitvilio 1*2 .5)0 ani
Hogansyille... a W Jiffl 8 W
\\ hitticld’s Blu |;d? 8 g
I *i(riit£?c 1 !<>l a ** a !
J.ong Cane 2:21 ft 111 u m
West Point 2:40 a in
PASSENGER TRAIN—WWABP.
STATIONS. ARRIVE. >.KA'E.
2S>* ,> > ■
Ia ffrange 1:0*2 pin 1:3 pm
Whitfield’s,,, i : 4nm
Hogansyille f D*l S S l n m
Grantville i’wlgg
PnckeM’s 2:13 pill 2.13 pm
Newnan .... - • 2:20 p in 2:-10 p in
Po'yeU's. 2,44 P m |:£ P m
Palmetto H:W)p m f.fPg
East Point 3:o‘i> m 4-o< Pl
Atlanta...... 4;l.<|p m
SELMA, ROM A DALTON',
MAIL TRAIN DAILY -NO TH.
Leave Rome... o ; ,i°iV, m
Arrive at Dalton P m
Making close connections at Dalton with the
East Tennessee, Virginia and Georgia Rail
road, and Western and Atlantic Lailioad lor
all Eastern and Western cities.
MAIL TRAIN DAILY—SOUTH.
Leave Dalton ffi p m
Arrive at Rome MU’
Arrive at Calera ‘.J "
Making close connection atCalera lor Mont
gomerv and point- South, and at Selma wit-
Alabaina Central Railroad for Mobile, New Oi
leaus, Meridian, Vicksburg, Jack>on. all
points South “pV
1 ay Knight, Gen, Ticket and
GEORGIA RAILROAD.
pay Passenger Trains on Georgia Railroad,
Atlanta to Augusta, run asbelou :
Leaves Augusta at pdb ain
Leaves AUanta
Arrives at Ai'gusta &;45 m
Night passenger trains asiollows:^
Leaves Augusta at ™
Leaves Atlanta at l fn
Arrives at Agnsta * 1“
Accomodation train as follows :
Leaves Atlanta ? ™
Leaves Coviogton V.V"’"V.V.B;TS a m
Arrives at Atlanta T-30 p m
Arrives at Covington ‘• JU p
pivfk steamers.
Steamers on thp Coosa River vill run as per
schedule as to}lo's. , l p ni
IJJK W fSgHjKSB i ?
iISS Si “■ wißf v "
TILDEN AND HENDRICKS.
Stirring Letters from the Presidential
Candidates.
MR. TILDEN’S LETTER.
Albany, N. Y., July 31, 187 G.
Gentlemen: When I had the honor
to receive a personal delivery of your
letter, in behalf of the Democratic
National Convention, held on the
28th of June, at St. Louis, advising
me of my nomination as the candi
date of the constituency represented
by that body for the office of Presi
dent of the United States, I answer
ed that at my earliest convenience,
and in conformity with usage, I
would prepare and transmit to you a
formal acceptance. I now avail my
self of the lirst interval in unavoida
ble occupations to fulfill that engage
ment.
The convention, before making its
nominations, adopted a declaration
of principles, which as a whole,
seems to me a wise exposition of the
necessities of our country and of the
reforms needed to bring back the
Government to its true functions, to
restore purity of administration and
to renew the prosperity of the peo
ple; but some of these reforms are
so urgent that they claim more than
a passing approval.
REFORM IN PUBLIC EXPENSE.
Tne necessity of a reform in the
scale of public expense, Federal,
State and municipal, and in the
modes of Federal taxation, justifies
all the prominence given to it in the
declaration of the St. Louis Conven
-440.* Tho pnoeont lUajii'u wiiHi in till
the business and industries of the
JJtxiplc, which i-; rlppi’i •"‘X* lalinf nf j
its employment and carrying want
into so many homes, has its principal
cause in excessive governmental
consumption. Under the illusions of
a specious prospect engendered by (
the false policies of the Federal Gov
ernment, a waste of capital has been
going on ever since the peace of
1860, which could only end in univer
sal disaster. The Federal taxes of
the past eleven years reach the gi
gantic sum of $4,500,000,000. Local
taxation has amounted to two-thirds
as much more. The vast aggregate
is not less than $7,500,000,000. This
enormous taxation followed a civil
conflict that had gmt|y impaired
our aggregate wealth, and had made
a prompt reduction of expenses in
dispensable. It was aggravated by
moot unscientiflo and ill-adjusied
methods of taxation that increased
the sacrifices of the people far be
yond the receipts of the Treasmy, Tt
\vas aggravated more by a financial
puliev which tended to diminish the
energy, skill and economy pf pro
duction, and the Frugality‘of private
consumption, and induced miscalcu
lation in business, and an unremu
nerative use of capital and labor.
Even in prosperous times the daily
wants of industrious communities
press closely upon their daily earn
ings. The possible national savings
is, at best, a small per centagp of na
tional papojnga. Y et n °W, mr these
eleven years, governmental con
sumption has been a larger portion
of the national earnings than the
whole people can possibly save even
in prosperous times for all new in
vestments. The consequences of
these errors are now a present public
calamity, but they were never doibt-
fp!—never invisible. They were
necessary and inevitable, and were
foreseen and depicted when the
waves of that fictidous prosperity ran
*lna S speech made by me on the24th
of September, 18b8, it was said of
these taxes: “They bear heavily upon
every man’s income, upon every in
dustry and every business in the coun
try, and vear by year they are destin
ed to press still more heavily unleas
we arrest the system that gives rise
to them.”
It was comparatively easy when
values were doubling under repeated
issues of legal tender paper money,
to pay out of the froth of our grow
ing and apparent wealth these taxes;
but when values recede and sink to
ward their national scale the tax
gatherer takes from us, not only our
income, not only our profits, hut also
a portion of our capital.
I do not wish to exaggerate or
alarm. I simply say that we cannot
afford the costly and ruinous policy
of the Radical majority of Congress.
We cannot afford the magnifiesnt
and oppiessive centralism into which
our Government is being converted.
We cannot afford the present mag
nificent scale of taxa'ior*.
To the Secretary of the Treasury
I said, early in i860: “There is no
royal road* for a government more
than for an individual or a corpora
tion. What you want to do now is,
to cut down your expenses and live
within your income. I would give
all the legerdemain of finance and
financiering—l would give the whole
of ft tor the old homely maxim,
‘Live within your income.’ This re
form will he resisted at every step,
but it must be pressed persistently.”
We see to-dav the immediate rep
resentatives ot the people, in one
branch of Congress, w'hiie struggling
to reduce expenditures, compelled to
confront the menace of the Senate
and the Executive, that unless the
pbjectional appropriation bp consent
ed to the operations of the govern
ment thereunder shall sutler cletri
CARTERSVILLE, GEORGIA, THUtSDAY MORNING, AUGUST 17, 1876.
ment or cease.
In my judgment, an amendment of
the Constitution ought to be devised
separating into distinct bills the ap
propriations for the various depart
ments of the public service and ex
cluding from each bill all appropria
tions for other objects and all inde
pendent legislation. 111 that way
alone the revisory power of each of
the two houses.and of the Executive
may be preserved and exempted
from the moral duress which often
compels assent to objectionable ap
propriations rather than stop the
wheels of government.
THE SOUTH.
An accessory cause, enhancing the
distress in business, is to be found in
the systematic and insupportable
misgovern ment imposed on the
States of the South. Besides the or
dinary etfects of ignorant and dis
honest administration,it has inflicted
upon them enormous issues of
fraudulent bonds, the scanty ava'ls
of which were wasted or stolen, and
the existence of which is a public
discredit tending to bankruptcy or
repudiation. Taxes, generally op
pressive in some instances, have con
fiscated the entire income of proper
ty and totally destroyed its market
value. It is impossible that these
evils should not react upon the pros*
perity of the whole country. The
nobler motives of humanity concur
with the material interests of all in
requiring that every obstacle be re
moved and a complete and durable
reconciliation effected between kin
dred people, once unnaturally es
tranpfAMcl, on the basis, recognition liy
the St, Louis platform, of the Consti
tution of l.ho TTrjitprl •!b*s with
amendments universally accepted as
a final settlement of the controver
sies which engendered the civil war.
But, in aid of results 50 beneficent,
the moral influence of eyery citizen,
as well as of every governmental au
thority, ought to be exerted, not
alone to maintain their just equality
before the law, but likewise to estab
lish cordial and fraternal good will
among citizens, whatever Lieir race
or color, who are now uniting in the
one destiny of common self govern
ment, Jf the duty should be assigned
to me I should not fail to exercise
the powers with which the laws and
the Constitution of our country
clothe its chief magistrate to protect
all its citizens, whatever their former
condition, in every political and per
sonal right.
CURRENCY REFORM.
Reform is necessary, declares the
t, Lotds Convention, to establish a
sound currency, restore the public
credit and maintain the national
honor, and it goes on to demand a
judicious system of preparation by
public economies, by oflieial retrench
ments and by a wise finance, which
shall enable the nation soon to as
sure tiie whole world of its perfect
ability and perfect readiness to meet
any creditor enUtled to payment.
Xbo object demanded by the con
vention is a resumption of specie pay
ment in the legal tender nolbs of the
United Htat es - That would not only
restore the public credit and main
tain the national honor, but it would
establish a sound currency for the
people. The methods by which this
object is to be pursued and the means
by which is to be obtained, arc dis
eased by what the convention de
manded for the future and by what
is denounced in the past. Bank note
resumption—resumption of specie
payment by the Government of the
United States in its legal tender
notes—would establish specie pay
ment by all banks on all their
notes,
Official statements on the 15th of
May show that the amounts of the
bank notes was $:'.00,000,tX)0, less 820,-
000,000 held by themselves. Against
these 8280,000,000 of notes the hanks
held $115,000,000 of legal tender
notes, or a litile more than fifty per
cent, of the amount, but they also
had on deposit in the Federal Tieas
ury, as security for these notes, bonds
of the United States worth in jokl
aoout $.050,000,000 available and cur
rent in alt the foreign money nar
kets. In resuming, the banks, even
if it were possible for all their notes
to be presented for payment, Mould
have #800,000,000 of specie funds to
pay 3(280,000,000 of notes, without
contracting their loans to their cus
tomers or calling on any private
debtor for payment,
Suspended banks undertaking to
resume have usually been oblifpd to
collect from needy borrowers the
means to redeem excessive femes
and provide reserves, A vague idea
of distress is therefore often associated
1 with the process of resumption; but
the distrust which caused restless
ness in these former instance do
not exist. The Government haionly
to make good its promises aril the
banks can pike cafe of tllChiielves
Without distressing anybody. The
Government is therefore the sile de
linquent.
LEGAL-TENDER RESUMPTICN.
The amount of the leyaj puder
notes of the V n i te d states nov out
standing is less than 8870,000, (jO, be
sides 885,000,000 of fractional curren
cy. How shall the Goveifffrpffi
make these notes at qll times sg good
as specie ? It has to provide, iu ref
erence to the mass which waild be
kept in use by the wants of bisiness,
a central reservoir of coin, adequate
to the adjustment of the temporary
fluctuations of international balances,
and as a guaranty against transient
drains artificially created by panic or
by speculation. It has also to pro
vide for the payment of such frac
tional currency as may be presented
Air redemption and such inconsid
erable portions of the legal tenders
as individuals, from time to time,
may desire to convert for special use,
or in order to lay by in coin their
little stores of money.
RESUMPTION NOT DIFFICULT.
To make the coin in the Treasury
available for this reserve, to giadu
ally strengthen and enlarge that re
serve, and to provide for such other
exceptional demands for coin as may
arise, does not seem to me to be a
work ot difficulty. If wisely plan
ned and discreetly pursued, it ought
not to cost any sacrifice to the busi
ness of the country. It should tend,
on the contrary, to a levival of hope
and confidence,
The coin in the Treasury on the
30th of July, including what is held
against coin certificates, amounted to
nearly $7,000,000. The current of
precious metals which have flowed
oqt of our country for eleven years—
from July 11, 1865, to June 30, 1870—
averaging nearly $76,000,000 a year,
was $832,000,000 in tjie whole period,
of which $617,000,000 were the pro
duct of our own mines. To amass
the requisite quantities by intercept
ing from the current flowing out 01
the country and by acquiring from
the stocks which exist abroad, with
out rlittturblng the equilibrium o”
foreign money markers, is a remit to
'>™etical j
With respect tq whatever surplus '
of legal tenders the wants of business j
may fail to keep in use, autl which, j
in order to save interest, will be re* j
turned foy redemption, they can be j
either paid or they can be fund‘d ,
Whether they con J •>”“ as currency!
or be absw^ ueU j nto t | ie vas j- UJass G f j
securities held as investments is
merely a question of the rate of in
terest they draw. If they were to re
main in their present form and the
Government were to agree to pay on !
them a rate of interest, making them
desirable as investments, they would
eea.m to circulate and take their place
with Government, State, municipal
and other corporate and private
bonds, of which thousands of mil
lions exist among us.
In the perfect ease with which
they can be changed from currency
into investments lies the only danger
to be guarded against in the adop
tion of general measures to remove a
clearly ascertained surplus, that is,
the withdrawal of any which is not a
permanent excess beyond the wants
of business. Even more mischievous
would be any measure which affects
the public imagination with the fear
of an apprehended scarcity.
111 a community where credit is so
much used, fluctations of values and
vissitudes in business are largely
caused by the temporary belief of
men, even before these beliefs con
form to ascertain realities.
AMOUNT OF NECESSARY CURRENCY.
The amount of the necessaiy cur
rency at a given time can not be de
termined arbitrarily, and should not
be assumed upon conjecture. That
amount is subject to both permanent
and temporary change. An enlarge
ment of which it seemed to be dura
ble happened at the begining of the
civil war, by a substituted use of cur
rency in place of individual credits.
It varies with certain states of busi
ness. It fluctuates with considera
ble regularity. At different seasons
of the year, iu autumn, for instance,
when buyers of grain and other agri
cultural products begin their opera
tions, they usually want to borrow
capital, or circulating credits, by
which to make their purchases, and
want these funds in currency capable
of being distributed iu small sums
among numerous sellers, the addi
tion of currency at which time is
five or more per cent, of the whole
volume, and if surplus beyond that
procured for ordinary* use does not
happen to have been on hand at the
money oentresa scarcity of currency
ensues, and also a stringency in the
loan market.
It is in reference to such experi
ences that in a discussion of this sub
ject, in my annual message to the
New York Legislature of January 5,
1875, the suggestion was made that
the Federal Government is bound to
redeem every portion of its issues
which the puhlio do not wish to use.
Having assumed to inonoplize the
supply of eurreucy, and enacted ex
clusions against everybody else, it is
bound to furnish ali which the wants
of business requires, The system
should passively allow the volume
01 circulating credits to ebb and flow
according to the ever changing
events of business. It should imi
tate as closely as possible, the na
tural laws of trade if has su
perseded artificial contrivances;
qnd in sinuliar discussions, in my
message of January 4th 1870. it was
said that resumption should be ef
fected py @u\ih ffieasures as would
keep, the aggregate amount of cur
rency self adjusting daring all pro,
cesses without creating at any time
an artificial §airoity and without ex
eifipg the puhlic Dtuagiaation with
alarms which impair confidence, con
tract the whole large machinery of
credit and disturb the natural opera
tions of business.
MEANS OF RESUMPTION.
Public economies, official retrench
ment and wise finance are the means
which the St. Louis Con vantion indi
cates. Asa provision for reserves
and redemptions the best resource is
a reduction of the expenses of the
Government below its income, for
that imposes no new charge upon the
people. If, however, the improvi
dence and waste which have con
ducted us to a period of failing rev
enues, oblige us to supplement the
results of economies and retrench
ments by some resort to loans, we
should not hesitate. The Govern
ment ought not to speculate on its
own dishonor in order to save inter
est on its bonds—promises which it
still compels private dealers to accept
at a fictitious par. The highest na
tional honor is not only right, but
would prove profitable.
Of tne public debt—s 9 85,000,000
bear interest at 6 per cent, in gold,
and $17,000,000 at 5 per cent, in gold
the average interest is 5.58 per cent,
A financial policy which should se
cure the highest credit wisely availed
of, ought gradually to obtain a re
duction of 1 percent, on the interest
on most of the loans. A saving of 1
per cent, on the average would be
$72,000,000 a year in gold. That sav
ing regularly invested at 4] per cent,
would, in less than thirty-eight years,
extinguish the principal. The whole
$1,700,000,000 of the funded debt
might be paid by this saving alone,
without cost to the people,
PROPER TIME FOR RESUMPTION.
thVTiitf6 m^.W. ne vfrr resumption is
shall have ripened into perfect ah'
ty to aoomplish the w jth a
oertainty nnrl *>ase will
confident an q encourage the reviv-
Vng|of business. The earliest time in
which such a result can be brought
about is the best; even when the pre
parations shall have been matured
the exact date would have to be
chosen with reference to the then ex
isting state of trade and credit opera
tions in our own country, the course
of foreign commerce, and the condi
tion of exchanges with other nations.
The specific measures and the actual
date are matters of detail having ref
erence to ever-changing conditions
that belongs to the dominion of prac
tical administrative statesmanship.
The captain of a steamer about start
ing from New York to Liverpool
does not assemble a council over his
ocean chart,and fix an angle by which
to keep the rudder for the whole voy
age. A human intelligence must be
at the helm to discern the shifting
forces of the waters and the winds—
a human hand must be on the helm
to feel the elements day by day, and
guide to a mastery over them.
PREPARATIONS FOR RESUMPTION.
Such preparations are everything.
Without them a legislative command
fixing a day—an official promise, fix
ing a day are shows. They are
more—they are a snare and a delu
sion to all'who trust them. They
destroy all confidence among
thoughtful men whose Judgment will
at least sway public opinion. An at
tempt to acton such a command—on
such a promise, without prepara
tion would end in new suspension.
| It would be a fresh calamity, pro
ductive of confusion, distrust aud
distress.
THE ACT OF JANUARY 14, 1875.
The act of Congress of the 14th of
January, 1875, enacted that on and
after the first of January, 1876, the
Secretary of the Treasury shall re
deem in coin, the legal tender notes
of the United States on presentation
at the office of the Assistant Treas
urer in the city of New York. It
authorized the Becrotury to prepare
and provide for such resumption of
specie payments r>y the use of any
surplus reserves not otherwise ap
propriated and by issuing in his dis
cretion certain classes of bonds.
More than one and a half of the
years have passed. Congress and
the President have continued ever
since to unite in acts which have
legislated out of existence every pos
sible surplus applicable to this pur
pose. The coin in the Treasury
claimed to belong to the Govern
ment had, on the 30th of June, fallen
to less than $45,000,000, as against
$59,000,000 on the first of January,
1875, and the availability of a part of
that now is said to be questionable.
The revenues are falling faster than
ajvpropriations are reducing, leaving
the Treasury with diminishing re
sources. The Secretary has done
nothing under his power to issue
bonds, The legislative and the offi
cial promise fixing a day for resump
tion have thus far been barren.
No practical preparations towards
resumption have been made. There
is no economy in the operations of
government, The homely maxims
Of every day life are the best stan
dards of its conduct. A debtor who
should promise to pay a loan out of
a surplus income, yet be seen every
day spending all he could lay his
hands on in riotous living, would
lose all character for honesty and ve
racity. Ris otfer of anew promise,
or his profession as to the value of the
old promise, would alike provoke
derision.
{(Jv/iifautd on Fourth Faye.)
r’rloes to Sviitttie Times-
The Southern Shirt Manufactory!
IS MAKING
Best H ams ntta Muslin Shirt, with fine linen bosoms at a cuffs, c0mp1ete... 924.00 Per Doun.
Best I* ruit ot Loom Muslin, and uooo Lin-m 1800
Best Wamsntta, Partly made Shirts, 14.00 “
rit to \ ,onc . on our P/**y made shirt than any ether make, ltamsey’s Paten
’ i "*i lc .!\i S T^ wo P air ttfouffs attached to each shirt, is manufactured; also al
grades and kinds of COLLARS, BOSOMS. DRAWERS and UNDERSHIRTS.
. .* rt*es in Cartersville ordering from us can have their measures taken at Mr. Patillo’s
jHn2O-6in° P ' *■- SDiopsKiro b 00.
janju nin 21*4 East viuhama St., ATLANTA. GA.
THE SINGER SEWING MACHS
the PEOPLE'S FAVORITE.
The Largest Sales becauseCthe Most Popular.
The Most Popularßecause The Best.
C 1 . VERDICT OF THE PEOPLE.
Stiles in IWI
Sales in 1872 219,753
Sales in 1873 . . 233 .444
Sales in 1874 1.241,CT0 !! !
Sales in 1875 249,852 ! ! !
RoVbJ*’*JJ I .®. - S Snj n * er Manufacturia* Company, 172 Broughton Street. Savannah, Ga., C. S.
•7t t i'vv <> . r I,Ulir 1 ,Ulir anil Alabama sts.. Atlanta. Ga., George W. Leonard. Agt.; and
fvM-1 v *" ‘ S!UnS 1 °l‘ u,ar St °re, Cartersville, Ga . K.W. B. M EKHITT, Agent.
Hardware and Farming Implements*
BAIvER & HALL
of their customers to a general and complete stock of HARDWARE and
* ARMING IMPLEMENTS .such as
PLOWS, HOES, COTTON PLANTERS, ETC.
r e £ a j w*'i I ',? stock of FIELD SEEDS such as Clover, Red Top, Orchard and Blue
iHett, etc. as cheap as thin- can he sold in this or anv otlier market. IV e also
have a complete stock ol READY MADE PLOWS both Iron and Steel. We sell
irtJVSSS
S„, S cpl to 15 cents.
Svveed Iron Sto Scents.
rni°q tr e c;lbl1 ' ve CiUl se *i :lb cheap as the same quality of goods can be soid anv where.
BAKER & HALL.
STOVES- & TINWARE.
Po t lie Citizens ol* Cartersville and Sur
rounding Country:
HAVING consolidated our business at the old GILBERT
' STAND on the corner of Main anil Tomlin Streets, We
t -isSiwi will carry on the business under the name and firm of
4£r/ STALL-V ADAMS
We will keep constantly on hand a large and complete
STOVES, TINWARE L HOUSE FURBISHING GOODS,
which we will sell at the very lowest price to suit thimes. We keep the celebrated COTTON
KING, IKON KING, ('A PITOLA anil Various otlier stoves of all sites and prices. We will du
plicate prices Iron) any market in the State. All job work' and repairing promptly done for
ca>h. Country produce, rags and old brass and copper taken in exchange for good*. Wrap
ping paper always on hand at Atlanta prices. We will furnish galvonized Iron Evaporators for
Boiling Syrup, 10 ft. long, 40 in. wide, complete, made out ol u solid sheet, \<> -<->, at sl2
cisli, irame and all. fen dollars lower than ever turnisbed in the South. Those desiring to
purchase please give us 15 days’ notice. (janl-ly) STALL & ADAMS.
ETOWAH FOUNDRY AND MACHINE SHOP.
W enlace
M AN U F ACTURE RSJOF
Hollow fare, Steam Ernies, Grates, Mantels, Mill Machinery, &c<
Highest Market Price for
Old'Jron, Copper andJßrass
jan2o-tl',
STILL A.'Tl TIIEIR OLD STAND,
STOKELY c WILLIAMS,
DEALERS IN
STAPLE & FANCY DRY GOODS. DRESS GOODS,
Clothing, Hats, Boots and Shoes.
WE desire to state to our old friends and patrons that we are still running our business
with onr paying p itrons on the usnal time heretofore given,
'But will Expect Prompt Payment at Maturity.
Those paving cash at purchase will get the benefit of a heavy deduction. And we would
! most respectfully request those purchasing for cash to say to us at the time: “We will cash
this bill,” as we will then the more readily affix prices. It there is nothing said our prices will
be given at time rates. ' STOKELY & WILLIAMS.
Nn Those owing ns due paper will do us a great favor by calling and making early pay
, U. liicnt. fin arch 2) STOK ELV Jt WIL LI A M
THE GRANGERS’
Lilli 11H11LTII Mil 10..
OF THE UNITED STATES OF AMERICA.
A-iitlioi’izecl Capital 4,5500,000
Of Which SIOO,OOO to be Owned in Each Department.
Each Policy-Holder is entitled 10 a vote in the management of the Company
PARENT OFFICE, MOBHJE3, AXiA.
CAPITAL STOCK - - - 100,000.
w. H. KETCHUM, President. | F. E. DAVIDSON, Vice President.!. W? FORT.iSec’y
GEORGIA DEPARTMENT, ROME, GA.
Capital Stock -....•100,000
Office No. 2 COMMERCIAL BUILDING.
Major C. G. SAMUEL, President, ALFRED SHORTER, Vice-President, R. J. GWALTNEY'
Secretary, C. ROWELL, Attorney, Dr. G. W. HOLMES, Medical Examiner.
Board of Directors :
A. P. Allgood, Trion Factory; C. Rowell, Rome, Ga.; Alfred Shorter, Rome. Ga.; John H*
Newton, Athens, Ga.; A. Jones, Ccdartown, Ga.; Hon. D. F. Hammond, Atlanta, Ga.; Hon*
I>. It. Hamilton, Rome, Ga,; Cain Glover, Rome, Ga.; T. McGuire, Rome, Ga.; F. Woodruff.
Rome, Ga.; M. H. Bunn, Cedartown, Ga.; A. J. King, Cave Spring, Ga.; Hon. W M.
-Hutchins. Polk county, Ga.
ALABAMA DEPARTMENT7MONTGOMERY, ALA.
Capital Stock 9100,000
Hon. X. N. Clements, President aud General Manager, Tuscaloosa, Ala.; Hod. David Clopton.
Vice President, Montgomery, Ala.; W. L. Chambers,Secretary; Stone A Clopton, Attorneys,
MISSISSIPPI DEPARTMENT, MERIDIAN MISS.
Capital Stock 9100 o©~
Col. James W. Beck, President, John H. Gray, Vice-President, L. A. Duncan, Secretary.
SECURITY, ECONOMY AND LIBERALITY,
Are the Leading principles of this Company.
ALL approved forms of Life and Endowment Polities issued in sums of JIOO up to *lO 000. Also
Term Policies of one, three, or seven years.
All Life policies non-forfeiting afte'r two annual payments, when the insured will be entitled
to paid up Policy or Cash Surrencer thereof. M
Dividends may be used to protect policies against lapsing incase of failure to n&v dbo
miums. 1 his with the non-forfeiting and Cash Surrender featnres, are sufficient to make t&U
Company popular among thinking men. AGENTS WANTED,
dec *-tl W. G. ENGLAND, of Mobile, Ala., General Superintendent of Agencies
W. K. HUSE Agent, Cartersville, Georgia.
VOLUME XVII—NUMBER 33.