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The Augusta Chronicle.
Published Every Day in the Year.
ESTABLISHED 1785.
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THE CHRONICLE, AUGUSTA. G \.
PATRICK WALSH. President.
Mr S. B. Vreoland In the special ndvi-r- ]
tlslng agent <.f The Augusta Chronicle- i
Other, ir.o Nassau street, New 1 ork. al
advertising buslnena In the Middle iinl
New Englund Slates will be managed by
him.
It is now Enrlxisstulor Eustis. Itiny s
turu comes next.
The Noronic has ut last been given j
up—but not by the sou.
Editor Hobby, who publishes a paper
in Sylvania and another in Milan, is
playing his dual role with signal sue- .
coss.
It is hoposl that Commissioner Blount :
is enjoying Irimself us he drinkw pulque
with LUiuokalmd in her country bua
galo.
It’s all u mistake The Jug I avert.
Populist has not suspended, but still
Ungers iu this vale of political iuappre
eiution.
Annexation sentiment is growing in
Canada and thousands are praying to
put some more stars on the .vpany.k'd
banner.
Perhaps the Sabbath closing con
tingent of the World's Fair will keep
July 4 and, iu dgfereuce to France, the j
fifteenth, also. 1 I
A member of the “1492” company is I
daft on the subject of stockings mid as ’
she has 19” pairs, it is supposed she I
never turns them.
The Sacramento Bee is of the opinion
that “there is an irrepressible < ouiliH be
tween tho telephone system and the
Christian religion.”
A Philadelphia man has been accused ■
of the double crime of horse stealing -
and bigamy. The altar and the halter I
seemed to share Ilia favor.
The Memphis Commercial puts the
ease well when it states that there lire
many pensioners on the roll who weie
soldiers only by courtesy.
’Hie rate at which American consuls I
have recently been mobbed, with an |
occasional death thrown in, is calculated i
to cool the ardor of aspirants.
Kentucky is as full of anomalies as
July is of gallinippers. A dog iu that
state is said to be so fond of milk tliat
he usurps the prerogative of an uu
woained calf.
The rebel filibustering expedition
against the national government mid
the Ten Commandments, so devoutly ex
pected by Ihe CockeriU Advertiser, has.
so far, failed to materialize..
The distinguished disciple of William
of Orange evidently thinks he's playing
thunder up in those four little Ester
counties, but just wait till the other
twenty-eight give an Irish yell.
The Mormans have completed the tem
ple on which work has been progressing -
forty years. A great day for the people ,
whose religion, as Artemus Ward said, ■
“is singular, but whose wives are •
plural.”
England and America are again at
issue. The New York grand jury re
fused to indict, the New York Recorder
for violation of the lottery law in con
nection with the so-called "missing (
word" conitests. An English publication
fared differently.
Queen Victoria, since the beginning
of her reign, has signed but one death
warrant, which was for an execution
in the Isle of Man, the act passed for
relieving Her Majesty of signing death
warrants having by an oversight not
included that part of Her Majesty’s |
dominions.
Traditions are being cruelly, rapidly
overthrown. A cowboy in Toxas thought
he would have some fun with a tender
foot and ordered him to dance, but it.
worked differently from what he expect
ed. The stranger not only refused, but
knocked the cowboy down, took his
gun away from him and made him
dance until he fainted from exhaustion.
The school boy is not to be shut out
from the benefits of this inventive age.
Aluminum slate pencils are being manu
factured by an Illinois firm, and are
reported to find a good market. They
•are about, the length and size of an or
dinary slate pencil and similar in gene
ral appearance. The marks made by
the aluminum are erased by a wet
sponge. The pencil is light, and inde
structible.
An Illinois man recently tried to dig
a well and found a river. That is. he
bored a well on his farm to a depth of
77 feet, when suddenly the entire bot
tom fell out, carrying all but about five
feet of the walls with it. At the bottom
of the deep hole thus formed could be
seen a swift-rushing stream. All efforts
to fill np this hole have proved futile,
the rushing current carrying away ev
erything thrown into it.
Central Reorganization—Another
Phase of It.
A petition hns been filed before Judge
Simonton of the United States District
Court of South Carolina asking the up*
poiiituient of a receiver for the Augusta
and Knoxvi.lo Railroad Company. This
petition was made by C. 11. I’hiuizy and
Alfred Baker, lrn«i”es tinder tlie first
mortgage bonds of the Augusta & Knox
ville railroad and was done in pursuance
to Instructions from certain bondholders,
who take this s;. |> because of the fail
ure of the Central railroad to pay ac
cred interest on the bonds.
The Augusta A Knoxville railroad,
now called the Port Royal & Western
Carolina railroad, is one of the leased
lines of the Central. At. first the Cen
tral paid four per cent, on the stock of
the road ns rental, besides paying the
interest on the bonds. Then the Central
stopped paying the interest on the stock,
and for the past few years has paid only
the interest on the bonds. The bonds
aggregate only some six thousand dollars,
and arc principally held in Savannah
and Aug'ist.i. It is stipulated that whoa i
till' interest; on these bonds is nine
months past due, the bonds mature and j
the mortgage can be foreclosed. On thai
first day of April the nine mouths ex
pired slnoe the July interest of last year
was lapsed, and promptly certain bond
holders, acting through Messrs. Carlton
and Mackall of Savannah and W. K.
MMler mid Leonard i’liimzv <4 Augusta,
ordered the trustees under the first mort
gage to proetssl to foreclosure. In pur
suance of tlii . e instructions whb h it is
expected all other bondholders will
promptly join, the trustees ns stated ,
als.ve have taken stops to put the roud J
in the hands of u receiver.
As wo understand the case there was
iKrth'ilig else tor the bondliablora to do
unless they wished to go into the reor
ganization scheme, mid thus subject
their property to the orders which may
brt brought by the promoters of this
scheme and allowed by the United States
Court for the Southern District of
Georgia, as provided in a decree by j
Judge Speer which was granted last Jan
uary, but which so far as we tire iu
formoil has not hitherto liven published. ,
We publish said decree in full this morn- I
ing. mid its points may be briefly sum- |
niarized as follows;
October, 1892. a loan was made to the
Cenlral by 11. B. Hollins A Co., of $3,- I
559.206.5 l payable with interest and
<■ immi.-siii.is July Ist, 1893, mail loan ;
Is'ing made for purpose of taking up the
Speyer loan. Another loan was made ,
by Meremitile Trust Coiupauy of New ;
York, undgr order grunted Dec. 19, I
1592, for $705,063, payable with interest
and commissions at the same time. A I
third loan was made pursuant. u> order ;
of court of Jan. 10. 1593, confirmed by j
suliseqmml order Ju..;. •,>, IS'Jo, lor ;
$600,(A10.
An ngreemont approved by the court ;
cites tliat it is made between the re
ceiver. the Mereatilc Trust Company as ■
trustee, and Hollins A Co., as joint
age.niis mid attorneys in fact of the syn- 1
dirttte of lenders. This agreement pro- i
vides that the trust company shall have 1
the right al any time before July 1.
1594, to purchase any or all claims of .
any assenting or uon-asseiiling creditor, j
mid such purchase, or the payment of ,
such loans shall not operate to extin
guish the same by the purchaser thereof, ‘
and shall be subrogated to the rights l
of such assenting creditors thus paid. ,
That subject to the loans placed upon |
Hie properly by this agreement the se- |
eurities in the hands of the trustee shall
be chargeable with the lien of, and may
be used by the reorganization committee
'as a fund lor the payment of all ex-i
I peases incurred by them in promoting j
i such plan of reorganization, said charges I
I being first approved by the United States '
! Circuit Court in vacation or term time, i
This agreement, also authorizes the j
trustee upon the written request offHol- .
Uns A Co., from time to time to use |
in such manner as shall be requested by
said syndicate, all or any portion of the |
stocks mid bonds as shall be requested by i
said syndicate to acquire ownership of
the respective corporations of which
they form a part of the capital, when
ever in the opinion of the syndicate the
protection of any of said stocks or bonds
requires them to be so used; it being
expressly agreed that any stocks or
bonds which may accrue to the stocks
mid -bonds so used, by reason of the re
i organization of the respective cor
porations shall remain to t he trus
tees iu place of those so used,
subject to all terms mid provisions of
j the indenture, as though they had been
' originally conveyed thereunder. Under I
I the agreement the trustee accepts the :
trust, but shall be responsible only i
for wilful default or misconduct, I
and shall receive fair compensation I
to be paid by the receiver, and which
shall be a first lien upon the proceeds
of the property therein conveyed.
The receiver agrees that out of the
; money loaned him hereunder he will
pay $18,500 to the syndicate represented
by Hollins & Co., who made loan of
$3,889,206.84, said $18,500 having been
paid by said syndicate to Speyer & Co.,
for expenses incurred by them.
It is further agreed that if any of the
properties of the Central or its allied
lines should before July 1, 1893 be de- !
creed to be sold by any court, then all
three of the loans referred to, with
interest and commissions •shall beconfr
due and payable at onee at. the option
of the parties. It further provides that
“iu all matters hereunder in which the
syndicate is interested Messrs. H. B.
Hollins & Co., shall be treated and
considered as general agents and gttor-
THE AUGUSTA WEEKLY CHRONICLE. APRIL 12, 1893.
noy. In f M vt (ho syndicate, and au
llmrizcd 40 *et for them.’’
'I hough this agreeineut and onier of
Judge Speer's hud never been published
it was known to some of the bondlwlders
of the A. & K. R. R„ and when the
Central allowed (he interest on their
bonds to go unpaid the nine months
which gave I hum the right to foreclose,
they decided to do so, rather than to put
their property into this reorganization
scheme and subject it to the ehargra
iiml r tip, agreement entered into
Itetwism the receiver and the agents
of the s.vndii'ato. Accordingly they order
ed the trustees to apply f w
u rccoivcT
for the A. Av K. R. R.. and their action
bus brought to light this important, agroo
ment under the order of the court.
A Big Ship.
The Cunnrd Campany hnvo n steamer
nearing completion on the Clyde which
they expect to bent nil the New York lin
ers. She is to )m> christened the Cam
pania, mid is expected to be ready to
take her place in the line before th l mid
dle of summer. She is larger than the
New York liners, anil her four tiers of
decks are thus refernsi to in the Glasgow
Citizen:
T'la-.v may !,o sai I to form a integ-.d
in the hull structure —the upper, main,
lower an | <,riop «lis-ks—mul above the
11 pi er come the hiirtieane, on the same
level with forecastle forward and the
poop aft, the shade or shelter dock, mid
high above nil the “lookout.” or nnvi
grilmgbridge. in front of the forward
funnel. This latter is twenty-three feet
above the shade ih-ck, mid no less than
fifty-five feet above son level, a he bt
which bel)>s to impart, mi air of realism,
if not of gruesome significance to the
term “flying.” as such bridges are often
known I y.
The capacity of the Campania will be
2,000 pass-.ngers, including the officers
nnd crew. Al) the appointments are to
be the finest and her electric lighting
plant will furnish 1,350 liglrts. In ad
dition the vessel has a powerful search
light for facilitating the navigation of the
ship into port, the picking up of moor
ings and scouting in tamos of w.ir. The
Campania, like other large ships built on
the Clyde, is under government arra-.ige
rnentN, constructed so as to be readily
transformed into an nrmed cruiser.
Says the same authority quoted above: i
Iler fmmels are enormous; their height '
from the furnaces is about 125 f<, *.
Above dee!: they show S 4 feet. r
diameter is nearly 2u feet, and their eom
bim d weight 120 tons
The two sets of triple expansion e”-
cines imlb-.'ite h>r c-power. Each
is in its sepnrate engine-room, divided
from tlie other by a centre-line bill!.- ;
head by wafer-tight rloors of loninranir.'i- '
tion. Th" voss.-l has 13 boilers. 12 of
these being in conm'cfion with the two
great engines. Each has eight furnaces,
and weighs nearly 100 tons.
"The number of separate engines
board,” says the Glasgow paper, "alnmst
bailies em.npiirat.jmi.” The main saloon is
100 feet long and 64 feet broad. .Afmiy
of the stale rooms have good sized sitting- |
rooms attached —and they tiro already
taken, en suite, at $1,250 each.
This shows the interest in the monster
ship already manifested by the pqblic.
ami th-re is no doubt that her first Itrip
will be made with a full quota of Ifas-,
setigers.
An Honest Difference.
Otic of our old subscribers in Lin
coln county writes; - I have been tak
ing The Chronicle for forty years. We
used to be together, but 1 am sorry to
say we do not see things alike now."
That is true. Perhaps, our friend is
right and we are wrong, but we do not
think so. Our convictions are honestly
entertained. M e simply exercise a
right that every citizen enjoys, and that
is to expre-s his views on all public
questions.
But because we differ that is no rea
son why we should bo at enmity. Me
are all in the same boat and we should
continue on friendly terms. '1 he farm
ers have no better friend than The
Chronicle.
Nothing; Less, Nothing More.
The people of the. South, who
strayed off after false political prophets
and strange doctrines into the Third
I’artv. should return to the Demo
cratic fold. There is no hope for the
South or the country except in the suc
cess of Democratic principles. The,
promises and pledges of the party
should he fulfilled. If these are car
ried out in good faith, the farmers of
the South will have no just cause of
complaint.
The Democratic party is in honor
bound to carry out its financial and
tariff reforms. It is committed to the
coin of the Constitution—gold and
silver-—mid paper currency inter
changeable and of equal value with
either. It is committed to a repeal of
the prohibitory, not revenue, tax of 10
per cent, on the issues of state banks.
It is committed to a revenue tariff—to
tax lift 1 luxuries and relieve the neces
saries of life from taxation. It is com
mitted to a repeal of fraudulent pen
sions. It is committed against monop
olies. trusts .and combinations to ex
tort money from the many for the
benefit of the few. It is committed
to an honest and economical adminis
tration of every department of the
federal government. It is committed
against the fraud and force attempted
to be perpetrated by the liepublican
party against the rights of the people
and the .sovereignty of the Southern
States. What more can our Third
Party people ask than a fulfilment
of these Democratic pledges? The
party is fully committed to them, and
honor and good faith alike demand that
they shall l>e carried out. Nothing
less will satisfy Democrats. Nothing
more should be demanded.
Where to Locate Factories.
Under the caption of “Where to Lo
cate New Factories.” the Illinois Central
railroad sends out u pamphlet, descrip
tive of the udvairtag-es to be derived by
the location of new industries in the
South.
The Chronicle notes with pleasure the
facts stated nnd arguments advanced
therein, all confirmatory of what The
Chronicle has been reiterating for years,
that the South is the place to nuniufac
turc the "king staple," cotton.
i This pleasure is considerably enhanced
i by the fact tbnt one of Augusta's pros
' iierous cotton mills, "the Enterprise,"
| ami that, synonym of successful cutton
i manufacturing, “the Graniteville," across
| the river in our sisters state, are pnr
, tieularlv mentioned as evidence of the
i profit earning capacity of well-managed
i Southern cotton mills.
After speaking of the splendid earn-
I imrs of the two mills named, the pam
i phb't shows the benefits derivable from
manufacturing cotton in close contiguity
to the cotton fields, and in a climate best
suited to its requirements, and sets forth
in drtail other advantages that the
Southern mill has over its Easier)) com
petitor.
Il speaks too of the immense striib-s
the South has mnile in this particular
industry within the past few years ami
"the end is not yet.” It were useless to
deny the statement that ultimately the
t< ‘.il product of the South’s cotton fields,
will Is- manufactured in the South.
True it is a question of time, lint the
“competition” that "is the life of trade"
will compel nil who desire to engage in
cotton mnniifaetnring to seek the lis-ality
where natural conditions exist, tending
to redme expenses on the one hand
and increase revenue on the other.
We need to do more of what the Illi
nois Central railroad is doing for us,
that is, telling the country and the world
that no other section of the Creators
green earth offers the same inducements
and facilities to the cotton spinner and
manufacturer, that this Southern coun
try of ottr’s does.
Religion In Politics.
.\nieri<-.in Brotesiar.t Association
seems to have been a prominent factor
in the municipal ehs-tions in Michigan
and Ohio, and is said to have influenced
the results in s.-veral instances. The
platform of the organization would be
more plainly stated perhaps if it were
enlled th<> Anti-Catholic Ass H'iation, ns
the members were pledged to scratch
the names of all Catholics from their
tickets, ami to use their influence be
foro the nominations to prevent Catholics
being put on the ticket.
The <lay for this sort of polities is
past. Religious freedom is voui'hsafed
to every citizen of this country, and no
man's religion is to be made the test
of his fitness for office. There is no
more reason in excluding x mau from
office because ho is a Catholic than
them is in electing him because he is a
Catholic. The best man should bo elect
ed without reference to his church, and
It would be foolish to eh i ct a man be
cause he is a Protestant, as to reject
one simply bix-ause lie is a Catholic.
Women at the Polls.
Tlie municipal elections in Kansas on
Tuesday were notable for the fact that
it wits the first time the women of the
state have taken any general interest
and active part in elections, though
they have had the franchise for some
time. In Kansas City, Kansas, there
were three thousand women registered,
and most, of them voted. It is a notable
fact in this connection that though there
was a woman candidate for mayor, run
ning as au independent, she received
only fifty votes. This would indicate
that though the women wanted to vote,
they did not believe in electing one of
their number mayor of the city. A cor
respondent of the Philadelphia Press
makes the following comments on the
day: "Two things were conclusively
proved at tire election. One was that
refined women will vote, the other that
the presence of these women nt the polls
has a good influence on the character of
the election. Even th? rough ward heel
ers were subdued and gentlemanly in
their presence. Tlie police closed every
“joint" and not a drunken man was
to be seen. It was noticeable, however,
tliat colored women crowded the white
women at the polls with insolence. The
polls opened at 8 o'clock, but very few
women appeared before 10. Some of
them wore accompanied by their hus
bands or brothers, but tho greater num
ber walked to the polls without male es
corts. Most of the women voted with
self-possession and an apparent know
ledge of what they were doing. While
the men slid their ballots into the boxes
as though afraid some one might, guess
for whom they voted, the women voted
fearlessly.”
The women have had the right to vote
in municipal elections in Kansas for
several years, but this is the first time
they have exercised it io any extent. Be
fore the election, the populists claimed
that the women would vote with them,
that it was interest in their cause which
brought out the large registration. Tho
result shows however that for the most
part, they voted with the republicans or
democrats, and as the republicans car
ried the day in the greater part of the
state, it would seem thaf th" majority
of them at least voted Vfith that ticket.
Kansas seems likely to remain a repub
lican state for the people have evidently
gotten enough of the recent populist
craze, and it appears the women are dis
posed to work for reforms within party
lines, ratlier than to run off after new
political gods, Mrs. Lease’s example to
the contrary notwithstanding.
Central Reorganization.
The order of Judge Speer granted in
Mucon in January last, ratifying an
ngreeiui’iit between Receiver Comer,
Hollins A- Co. and the Mercantile
Trust Company, of New Y'ork, which
was published by us in full, and sent
out to the Southern Associated Press
in synopsis, was given this publicity
I because it bad not before been published,
1 and because it was. interesting informa
tien to the public generally, and especial
ly to those concerned hi the reorganiza
tion plan of the Central railroad.
Receiver Comer seems to gather the
idea tliat it was done in ft spirit inimical
Ito the reorganization -eheme and the
best interests of the Central railroad.
IVe were free from any such animus
in the matter, and on the contrary have
declared ourselves in favor of the re
organization at and from the beginning
of the effort to acisAnplish it. M e are
still of the same opinion that interested
parties have everything to lose and
nothing to make by the failure of the
voorgnnization plan.
We wired both to Savannah and Ma
con and ascertained that the order of
Judge Speer had never been published,
ami we gave it to the public because
it was of general interest to the read
ing publie iu showing the statuts of
the Central’s affairs ami what steps
had been talcen before the court in ad
justing .with the movers in the reor
gi lization scheme the several loans
which hud been made to the company.
It seems we were m'slsmd in our con
struction of the decree in stating that
the securities pledged with the Merehau
tile Trust Company by individual holders
will be liable for the reorganisation
charges. Receiver Comer says in an
interview which we published yesterday
from the Savannah News, that “only
the securities owned by the company
will be liable for the expenses and
charges incurred in the work.”
The Chronicle does not wish to do
anything to cloud the issue. It believes
the reorganization scheme should suc
ceed, mid, as Receiver Comer reminds
the public iu his interview above re
ferred to, “it is clearly stated in the
reorganization plan tliat if the reorgani
zation goes through and is successful,
that owners of old securities will
receive new securities as stated
in the appended table. If the reorgani
zation fails the old securities are to be
returned to their owners free of charge.’’
It is to the interest of our people to
further the success Ms this Central re
organization, and it is a matter of satis
faction that the outlook for its success
is more hopeful than heretofore.
The-Battle Royal.
"It would be well for the democratic
party mid for the country could the
questions of taxation and reduction of
pensions, as well ns a reduction of ex
penditures all along the line, be settled
before entering the bitter struggle over
tb.e money question. The money ques
tion must, however, be met sometime,
When it is forced as the issue it may
develop a necessity for the reorganiza
tion of political parties. The buttle of
the standards is the coming battle the
world over, when it is pushed to the
front, for final settlement—-the question as
to whether silver shall be placed at its
old status as the equal, if not the supe
ri >r. of gold in our financial system; or
total!lv demonetized. It will be a battle
royal.”
Tim foregoing is a significant para
graph in an admirable article by Con
gressman R. P- Bland in The North
American Review for April, in which he
discusses the "currency and the demo
cratic party." Mr. Bland is chairman
of the committee on coinage, weights
mid measures of the house of represent
atives, and one of the roost earnest, con
sistent and able advocates of silver. He
has never wavered in his advocacy of
the proper recognition of silver iu finan
cial legislation, and when the "battle
royal" comes on to be fought it is safe
to say he will be a leader iu the great
contest.
Tn the article under review Mr. Bland
reviews past financial legislation, to show
the position of the democrfttiie party
throughout its history, and deducts from
tho record tho conclusions that the party
has always favored tho unlimited coinage
of both gobi and silver, has always au
: tagonized the national banks, and lias
; made, a uniform record in favor of treas
-1 ury notes in preference to national bank
i currency. “All the conflicts of the past
; between the democratic party and its
' opponents on the currency question have
: taken the form of a contest between the
! advocates of hard money (so-called)—the
coin of the constitution—gold and silver,
and the advocates of national bank credit
! issues. The democratic party was in
■ power for the roost part in this govern
’ ment from the beginning until I 860."
Taking up the congressional record, he
' says "the first Mint Act of 1792. in
conformity with the constitution, founded
j our system upon the principles of the
i dual standard of gold and silver, with
' free or unlimited coinage of both. This
system the democratic party never dis
turbed. but on the contrary kept open
mints for the coinage of both metals.”
He explains the apparent preference of
the democratic party for gold alsmt the
time of Benton’s career in the senate by
tho fact that the party whs fight
ing the issue of national bank
notes with gold. The advocates
of the national bank issues argued
against the bulkiness of silver, and the
democrats not at that time having con
teinnlntod ’-suing paper legal tenders,
rallied -to the support of gold as light
,-uul convenient enough to do away with
the objections to silver in large quanti
fies. and "in 1534-37, the ratio was
j changed so as to overvalue gold and thus
attract it here to be used in competition
with bank notes. Thh was done by
diminiahing the amount of gold in the
dollar; no change was Tuhde as to tho
silver dollar.”
Mr. Bland says it does not seem that
the idea of issuing paper on gold and sil
ver coin, dollar for dollar, ever occurred
to Benton, Jackson and others in their
great contests against national banks.
"But the democratic party in all iTs his
tory never demonetized either gold or
silver. Free or unlimited coinage for
both was always preserved.” Having
established the uniform opposition of the
demiMTUtic party to national banks be
fore the war, Mr. Bland gives the record
of the most ftignifiennt votew upon this
subject in congress during the existence
of the present system. “The bill pro
viding for national bank currency
was takeu up in the senate Feb. 12,
1863, and passisl—ayes 23, including 22
republicans and 1. democrat; nays, 21—
12 democrats and 9 republicans. Ju
the house the vote was—ayes 78; 75
republicans and 3 democrats; nays, 64;
42 democrats mid 22 republicans.
The supplement act of June, 1864 passed
the house in April, ayes 80, all republi
cans; nays. 66; 65 democrats, 1 repub
lican. The bill to recharter the na
tional banks passed the house May 19,
1882—ayes, 125; 103 republicans, 22
democrats; nays, 67; 57 demwrats, 2 re
publicans. 8 greenbackers. Passed the
senate amended June 22 —ayes, 34; 26
republicans, S democrats; nays, 13; 12
democrats. 1 republican. The confer
ence report passed the bouse July 10,
ISB2—ayes, 110, 99 republicans and 11
democrats; nays, 79; 69 democrats, 2 re
publicans, 8 green backers.
The study of this article, which we
have briefly summarized from the article
of Mr. Bland must convince any reason
able man that the democratic party is
opposed to niitional banks, and cannot
be looked to for legislation favorable to
the continuance of this system. The
record of the* party in favor of treasury
notes in preference to national bank
notes is equally pronounced. January
17, 1870, on a resolution to substitute
treasury notes or greenbacks for national
bank notes, the vote was: yeas, 56, 53
democrats and S republicans; nays, 114,
112 republicans and 2 democrats. On
motion of Mr. Randall, of Pennsylvania,
substantially the same question came up
again, July 14, IS7O, yeas 51; 41 demo
crats, 10 republicans; nays, 111, 105
republicans and 6 democrats.
"Pending the consideration of the bills
to rocharter the national banks, the
author hereof moved amendments, the
effect of which was to substitute treas
ury notes for bauk notes, and to prohibit
further issuance of bank notes. On
this question the yeas were 71; 65 dem
ocrats, 2 republicans and 4 indepen
dents; mays, 138; 114 republicans, 19
democrats, 5 greenbackers, or indepen
dents.” Other votes are given, on down
to tho vote in the last congress, in
March 17, 1892. on the motion to table
the free oonage bill, yeas, 148; 81 demo
srats and 67 republicans; nays, 149; 130
democrats. 11 republicans, 8 people's
party.
“In the days of Benton and Jack
son,” says Mr. Bland, “as well “as now
there were many influential democrats
whose sympathies were with the na
tional bank party, and who were ready
to discard the money of the people is
sued from the mints of the government,
ami the notes of the treasury, based on
coin, for national bank paper issued by
the hand of monopoly. But now, as
then, a large majority of the party are
materially opposed to the principle of
financial control by any such means.
They are not disposed to see the money
of the constitution subverted and the
credit of individuals and corporations
substituted. It must be apparent to all
close observers of current popular sen
timent that tiny currency system which
proposes a permanent interest bearing
debt will not be tolerated by our people.
Referring to the status which silver
is to hold iu the financial system of the
future. Mr. Bland says:
"The time is not to be long deferred!
when this battle of the standards is to
be fought to a finish. Ou the one side
will be the rich and powerful banks of
tho old world and of the new; ou the
other, the mass of our people, especially
west of the Allegheney mountains;
loaded down as they are with debts and
mortgages, with a vast country yet to
be touched by the hand of industry and
enterprise, demanding money without
limit except as to its supply from na
ture.” "Silver is either a safe
money metal or it is not. If it is not
suitable for free coinage it ought not to
be further coined. If it is suitable for
for coinage at all, it ought not to be de
based by limiting its coinage.”
IF yovn BACK ACHES.
Or you are all worn out, really good for noth,
ing, It is general debit it v. Try
B/iOtrjV’.S’ IRON BITTERS.
It will cure you, cleanse your liver, and give
a good anprtfte.
BURNED TO DEATH.
Wilkesbarre. Pa., April B.—District Sup
erintendent 'William Samuels, of the Le
high Valley Coal Company, was burned
to death in Dorrance shaft yesterday. Ha
entered the shaft to inspect it and in
some unknown way set the mine on fl.-)
and lost his life.
ENDORSERS:
The following distinguished persons well
and v.ldvly known testify to the valuable
properties of
Simmons Liver Regulator.
Hon. Alexander H. Stephens.
John W. Beckwith. Bishop of Georgia.
General Jno. B. Gordon, ex-U. S. SeWator.
H< u. Jno. Gill Shorter, ex-Gov. Ala.
IL v. David Wills, D. D., Pres’t Ogle
thorpe College.
Bishop Pierue. of M. E. Church South.
Jas. Jackson, Supreme Court of
Georgia.
J. Edgar Thompson,
Hon. Ben. Hill.
Hon. Jno. C. Breckenridge.
Hiram Warner, lute Chief Justice of Ga«
Lewis Wunder, Assistant Postmaster,
Philadelphia, Pa.
And ni-my others from whom we have
le.u .- ’omußE.iing upon this medicine as
a viost vnluabh* household remedy. .
If yon are suffering and cannot find re
lief. ’ r »u'i: •• • .Hi from your druggist a
Lei He llLgeiator. Give it a fair trial
and .i 'Gil m-t only afford relief but per
manently cure yon
Sea ihat Yeti Get the Genuine,
Prepared by
J. 11. ZIILI3. & CO., 2 hiladelphla, Pa.