Southern banner. (Athens, Ga.) 1878-1879, February 05, 1878, Image 6

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-T SOUTHERN BANNER: FEBRUARY 5, 1S7S. Shall the Country be Bank rupted? The following article, giving an account of th* lotion of the Louisiana only live |> t c ill. an*l yoii snhl that, at h-ast, it won tl be twenty-five |>er tent.” Now, what will In* tlw reduction in i lie prices 4»f!nlmr property ami all Legislature on the financial question, i commodities in tills country if the copied from the Mew Orleans Demo- ' cr*t, (M fully represent*, our v;ews, that we take plea-mre, in reprodu cing itaiolo MV ! -.‘I . “ The count ryj* alneady feeling Up* disastrous consequence of ibe tnnv : se, if not criminal, efforts of the Sccre* tarv oftho Treasury to enforce the Resumption act and establish the sin ole gold siaudai&i.. Every morning the pupeisjare filled **ith ai’ctju iibj.of jhuimispunsi<m -quit, tailine of banks and commercial firms^ business every where is depressed; industry in every portion of the -'♦Jwiou is paralyzed; the valuc ,I M > *A*M 1 if.id l jfefsonnl prop erty has already tafienin price ; e*erv great p tblic enterprise is at a stand still. *r " Evidently*there '* t>o>n« great.gen- aral, -rtfi-pervading cause at the hot- atom of all this. Whaiisit? Beyond 'question, it is the orm I, the ruinous financial policy of the* Government which .demonetized silver, :|nd which is gradually curtailing the circulating medium of;the country under the 1 Ktisnmpiion aet. • * • la The Government* indeed, is pur suing a policy which has several times ' wrv ,.ofirly.destroyed the framework of society. In the heigl.it of its power 'fnj t/t<Fyn&r>' dhnandi- for'dt. * “ 'W» gold policy is forced to a,«<y/summa tiou ? Tlie.rvsmuptiouiats au4o :il fii- i^SSMVA^ $$JO* fro,u two io three llS,r^H. J j ? njjr—scarcely more, than, the preaeut jpreiiiiqni on e^y , ■' ;' ... The gold policy will, in irnih, in volve a reduction in wages and values of at least from 20 to 2a per cent: and such a fall in pricea will force 'h’dfthe prYopertpof tho TTition in fee igcars'to chtiwje hands. It will require—we make the statement on file best null bighe.-i-official authority —-$Jl)0,0 0,000 in gob! to make the re.siunpt i<<uipolicy -a I praejic fP.r-.ilitv, Jiia^is, to ifc-map :uul maintain specie paymoi>tm-.iff. that coinage.: now W00,006.0tl0 l- 20 |o r jccn.l of a!! the gold in this country, ami “ n>> sneli draught can be,” us lias b.-cu well said in an able report on this sub j.*t, “successfully made upon that s;»'k with mt c i.isin * a niiqi.is f.it in prices elsewhere.” The rest! reduction will not be from - ore suit 4 * grecnbVk ‘ t\> t>r<fseuf ; gold prices, sis is alleged, but front firtsent greenback prices to the prices in (fold which tdtd' tjfflinUl' tytn* {fold has TtfSi ' rndrmoifMf tffihcThred*in Trtlu<i and gwnidenr, t’ <r mulatto mouey.of the > Koman ^ Edtpi re ! amountt*. l to <1,800,000,000, At tiicweml of the- quoted,!“ kmlt A ail ihc Abhf fif'cenlh century it litul shrunk, through dift' renti crti^es and the tail- • nr« of' minesptp ^S00,000,000 Du ring tho interveoing period, ft most * oxvraordinary dtapgts took qdaoo .in ‘ tlie world. “ Population,” says an able writer, dwindled, and commerce, arts, wealth and freedom all disappeared! Tiie people withe reduced by poverty and misery to the most degraded condi tions of serfdom and slavery. The disintegration of society was almost oomplele. The conditions of life » were so hard, that individual selfi-li- ness was the only tiling consistent with the instinct of self-preservation. Capitol -reminds me to imtice one of; Kentucky Horses and Mules tiieni about wnich the people ot the South geiicndly are ignorant, ireseo is a part of the general scheme of the artist, and, like the other por tions, is allegorical. The subject is •* War,* and in it is portrayed Free dom striking down the enemies of the Republic. The.typical goddess, attended by the typical eagle, lias just launched a thunderbolt which has “ stricken down’’the “enemies •d the Republic.” These enemies are represented bv Calhoun, Jetter-ou D ivis, Alexander H. Stephens, Joint C. Breckenridg , Stonewall Jackson iiuil Robert E. Lee. They are cow ering in dismay under the trowu and stroke afs the enraged deity — llieir countenances inti inyed with anger as well as dist r|ed by fear. Jackson in a coal of mail is vainly att ihpiing io inteqkj.se a robe of • 1 t wee;; his-body and lie Look out-! Ou or about the lath of Septcm- Tllis k^* * wil1 h® in the market with u fin» lot of hordes am* mules. All it, waul, tun find me at tiauu & Heaves’ stable. "eptl 1 tf. W. 8. HOLMAN. W. B. CO*. W. R. U11.I.. JOS, THOMPSON, jr. COX, HI LI. & THOMPSON, Whole sale Dealers in Foreign ahd domestic liquors &c,, No 2# PEACHTREE ST.,' ATLANTA, GA. And Distillers <-| t’. s 3foue Mountuii' f'oni <4tiffy v VVhi *' tCV ^ ARTSTO“BVA^rT Practical Watchmaker. n AS removed to "his old stand at the Ahr Drug Store, where he will l«j glad to see his oui-tomers, old ah*l new, who wish ffiic wor|t <loue on VVntclies, Clocks, and Jewelry Ail work warranted. febi-M-.ln. AKTHUR KVAffs. be- mliie 1 sending value t»f gold,” very justly tnvb the repurt* lu.m wlsicih v\;q liavfc-.jnst be to rt*. and after • sivldqii, qj>d new demand f.i: i| tq the ej»t«na ot hun dreds of inillipns ^dollars ” . blow. Davis holds an iaceti .iar\ ^*** • *-«•'. y*e\ nr lord* ill each h::ml, while Stephens biles Ills own finger in a frenzy ol impotent malice, it .coin lhe4qur ot ilie rojumua, neanv two Tiundrcil feel below, it is difficult to obtain more limit a ’jlimpsu ot the picture (an that glimpse only by inucli craning of the neck aud wit(i great personal in- conveuieHce). But. when one has climbed the long ar.d winding, stair- c.i-e and eiticrge'd at point not uioru than thirty fc*'t from the work of the artist, its demonical character is plainly app:i> cnt k As *1 hivvi? said, ilto, features are exaggerated and dis- torted, but the likeness to llie origi nal is as Hnm stakable as the'picture is shocking SRitHern men and women. . The artist, who i2>»W at Bjese are ,gfare .jnatters and tl*ey - VO rk itpoir another nortton^Ol the i • 11 V . T- m * . ’< t*. kiutarrb-yt t-^.t slimtld enlist ui«ydeep.y*t ;pt <411,11411 «»l rotunda, savs,T am informed, that, the jieopVc. -The shrinksge^oj' thp volume of money «*ontrib;ited largely lo the overthrow iil'ci$fnKuion in the early Chvisliauj centuries. Can 't fail now to disturfi tfio* vvliole frame work 'of society ? The policy ol forced resumption bankrupted /Eng land, filled her borders with idlers and with misery and wafit. That policy, if carried out liere, wifi prove still more disastrous to this country. Does any one doubt this? Look All public spirit, all generous emn- 1 already at the business bouses tutu die roseinTSaiiee is nik-ideiitaU and it- simply’ “’ii singular cohitmleiice.” The coitictdVfice is so snignhn^that no •>ne will befiev.e it to be a coinci dence. It is -gratifying, (however, to know that the distinguished dead aud jho .njjijliibguislipd living who have been* inafie/» tfig f victiins .ot Brumidi's brusii can stand llto pic ture if tho America^ pctlple can stand it.’’ The Eastern War. lions, all the noble aspirations of man shrivelled and disajipeiired as the vol ume of money shrunk and prices fell.” Can the policy of demonetization and forced resumption ot specie pay ments in geld work differently in America from what it did in En.hmd? Can the policy of contracting the volume of the ofin ericy prove less dis astrous now than it ptoved to civili- Zitiott between the beginning of the Christian era and ilie filteenth ccn tarv, when it destroyed the civiliza tion of the world and engulfed man kind in misery and darkness ? We think not. We believe that the men w ho talk and the journals which write so slightly about “ the single stan dard” and tlie necessity of niaimuir- ing “the pledged faith of the Gov ernment” have but a very imperfect conception ot what their policy will bring upon themselves and the coun try if it be carried out. The gold men lias represented that the resumption of specie payments in gold will be all easy thing because the premium of gold has been reduced lo an insignificant pet cent age. It is re markable that litis was the very argument used by the E .glish re- stiinpiionists in support of the policy which, when put in operation,.low ered the wages of labor, 1 educed the wdne of real .u:d personal property thirty-three percent, ami bankrupted the kingdom. Mr. Ricardo, who led that movement, said, in the, British Houpo of Commons, in 1819: “The question is not deserving half an hour’s consideration of the House. The difficulty is only that of ra’sing the currency three per cent, in value.’’ Aflcr the fearful consequences of the resumption measure had fallen upon the oountry, Mr. Ricardo changed his views, and on his death lied sajd to 8ir W. Heygatc, whq w with.him : , . “ Heygatc, yoo and the few othem who opposed gf > jon, the cash pays 4uent8 have proved righL I said the difference, at most, would be 1S77. . ' 1S77 Hoots ‘find Shoes TO ORDXfft'. IT. W. Saudrup, lias removed lib>s)ioi> to the McDowell Huild in.*, ou 0*1 ego A'vein’-. ■ 1’rU'C-- liberal and ficst'-cJasii work ^naftiutoA.. • ; jane 1«. JS75—S3-tr ' WOOL CARDING. The uiukrsiirued, liavltuf newly fitteJ up jbis Car del. near Harmony drove, is now prepared to card V> ool in a vety superior rnauBM'. He ivilj^turitish oil, et<.*., and (-aril at 10 .-ents per pound. Wool left anywhere ut Harmony .drove v.ill l*e taken to the carder and returned free of char)*". Count rv produce taken in pav ment f>r cardin". * R. C. WILUITK- octlG-lm. FRESH: MEATS, J. J. Head if. P-Hood, Corner Fccsduv and Oioneb .Stbeits. FRE8M BKEF, MUTTON, PORK,and SAL- sa^e,( Fresh and Bolo^ua Sausasrc). Our So licitor is always Ou tho street ready to supply tho wauts of" tho citucns of Athens. Please give ns your orders and wc will guarantee per- •ect satisfiutioi.. The highest market prices paid lor Beaves, Sheep, Goats and Hops. J. J. HEAD & CO. bling in every direction ;look at tho j The war between Russia and Tur** ai’inics of enfiireetl iillvcs in every j ; s a ( )()U t, (Imwing t..» a’close and neighborhood ; remember the fearful j'j H .j lce nogfifiations are now going on. riots of last sammer, instigated **y j,, t j,.. qiq,judics of the ’J8th, the the fall of wages under the tir>t j L, m j l)U j> oS / credited with the working of demonetization -and re-j following as an official versiod ol pres sumption : look at the- waste lands | |i mnj:i| . v t .AmIitions of peace:, stretelling around its lor the .want ol j jr: r!i , ’pi 1( , autonomy for Bulgaria, eap’tal;look at oar decaying towns and ; boundaries’ r.* t defined, under a cities; look at our railroad enterprises j (jbjveruor to be appointed according incomplete; look at the depreciation ot , u ,. 1(1 yl i| lU l a ti-,us of the Constanti- property, the increase of crime, the J m,],!*.* eoiifercnee: Turkish military ptevalenco of destitution, the power of j ))U . t ,‘ s .,, v Ul p.j withdrawn to eertain monopolies, rings and banks. Let the j 1K . a |; l j l , s \ )t . determined upon, citizens of Louisiana, let the people of Second, The independence of Ron- ZMI-AJlRIBIJai A- K.. ROBERTSO , Dealers Monuments A nd tomb stones, cradle toombs, Marble and Granite Box Toombs. A Great Reduction in Prices* Specimens of Work always on hand and for sale. Prie.*« ai.d designs fin-mshed on appli. ation ut tho Marble Yard, udjoiuliiz Ki1|vo» it Nich olson's cotton warehouse, Atheths, Ga. # june2C-tf. » MARTIN JNSTiTUTE. POSTPOKSLIENT! * Fall Term of 1S7 7, Will open on tho ti’.'Ui of Ansfiist. The price of Board, with Tuition iu the highest class, will he alioiit t r <~, according to Dividend. l-yscnd for Oiroilnr to J. W. GLENN, I’rmeipa!, or J. E LA.NDOLl’ll, Secretary ot Board. fieptt-iw. TO-RENT. Nc.v Orleans, let the liottse af Repre sentatives look at all theec things and say if the policy of demonetization and toreed resumption is not already doing its haloful work; if it is not doing for us what it did for England, ann if the time has not come for the people to cry out to government and to the money power in thundering tones, from every sectiou of the Union halt! “ A Frescoed Fraud and Libel.” We are glad that a Southern Journal of so much influence as the Augusta Chronicle and Constitution_ uli't has spoket^ with reference to “ Brumidis Daubs’’ in the Capital building at Washington. How any Southern man, with tho love of coun try at heart can fed comfortable while looking upon or legislating under mtch a hideous picture as was drawn iu the dome of the Capital during the days of ■ coonetruotioty is a mystery, and if we intend tp fie a united people some influence should be brought to hear that would cause the removal from the Nation^ Cap:- tal of the bideoup picture to which we allude. • H. G. Wright, one of tho editors of the Ckropicfyand. Conetitytiqnal- ist, who is at present in Washington, ip*l<*ler.to refqreqcu to the pointing : “ Writing of the frescoes of Brum* idi which pdorn the dome of the mania, with a coinpeiisatuui lor terri tory near the mouth ol the Danube, which she will make over to Russia. Third, Local autonomy for Bosnia and Ilerzeiovinia and the independ ence of Set via, with territorial recti- fi cat ion. Fourth, Aggrandizement for Montenegro. Finally, the Sultan to undertake to consider how*to pro tect Russian interests in the passage of the Dardanelles. MARTIN INSTITUTE, JEFFErtSOlT, GA. The Spring Term of 1878. will open on the 24th of January. { BOARD ami TUITION, tor term of‘24 weeks, lYoin $75 To $86.. F«,r p rliculuris, apply to JOHN \V.'GLENN, Prme cal, or J. fc. RANDOLPH, secretary Bouiel Tru.-tees. Sciea-tific Agrictaltixre, j f —BY— SR. fi- Ul- rEXTEOLSTOM, Prof. Agriculture, Cnieersihj of (la. Second Lpition, Lklarhed and Revised. PuDlianeii oy A. S. Ilar.i. s A Co., New \ ork For mile by Burke & Hancock, Atlanta, Ga. and T. A. Burke, Atoms Ga frier . eairS-tf A good DWELLING HOUSE, conl:.’min,r cipltt I'’Olii.*, with kitchen and frariien, aael two Bcrvant’s rooms. Apply to .'OHS II. NEWTON, j-inl iwtw. i*idwj:b a:, clahk, HATTER, WHITEHALL STREET, ATLANTA, GA. The lute.-t styles end the brst hats hand. always on jiin-t-lni SSorcses and Mules. Will bo here by the ,’>th of January, with two ear loads of liorscs, and rotnaiu for the season at Gann Reaves’ stable. dcc25-tf. W.8. UOLMAN. For Sale or Bent! A small house, convenient to the tmsines- portion of the city. Also, For Sale Only, A cottage house containing seven rooms, wite all necessary out-buildings, uiiel two acres oi laud attached. M. C. SLEDGE nngi-4t J. A. General Insurance Agent, XTo. SfBroakd St, A-fcharm, CUx , Insures GINS, Dwellings and Merchandise, in the city or conntiy. Respectfully solicits u share of your patronage. ;gf Represents first class Companies only. aMtt-la NOTICE). A FTER THIS DATE, COUNTY ADVKR tisemeuts which have heretofore Been pub- Gkhdd In this paper, will hereafter be published in Die Sun, a Gazette published iu iiurtwell, Hart county, Ga IAg.38.ti, A STEPHENSON, Ordinary, 'Urt count,. Ga CITY MILLS. Having made arrangements for a steady a - rival of pure Kentucky and Tennessee Wheat, 1 guarantee to the public t e following brands of liour, equal or superior io any in the market, at corresponding prices: Snow Flake, White lit.se, Family, Double Extra, Graham Flour,. Bolted Meal, Unbolted Meal, Grits, Horse F, e*l, Cow Feed, Chicken Feed, etc., etc. Shorts and Bran. Orders left at J. C Wilkins’ Dili leatteiuM to |5yCa»h paid for good WHEAT end CORN at mill. Public grinding promptly attended to. % C- KEMP (& CO. -t A SFtifVL vt flPF0RT«M7l Atlanta and Augusta Undersold. • "TO ‘ -1 THE TKK> KNDOUS STOCK OF AND WAGONS, **- . * Ol'V.THK OLD RELIABLE FIRM OF HODGSON BROS t..T • p MARKED DOWN. i atri! Ui\ ( T Ntv, .jT PRICSS ■\\*e have on hand tl el.Argo-t STGt K t*(<L'Tll <*F BALTIMORE, and it must and will ie sold without dehiv. Good I i.pis'es, li(>Lt t</N MAKE, fer ti£ eetiftiML* The Celelrated Hodgson' Wagon, - • *■ * < * /• *, * Kupwn;Wl "\l\- the tjtr.te for their dnral.iTtv ano strerpth, aVut are beyond question the bi-M v, AGONS ever sold in tills n-ctii ifof the Goutitry.cJ^afgr^.wiid.ina ny sort of jf, Yehielts arc rcspecitnlly invited to look thbcugli oqx.eioek.' - • *”! A*J- ’ .,»w WMDW*Wl«ji tt J *»#T v ft,”!*; Jr •( >f HMv&mwG Mb W(mm . . , V-.i ■ r ,,1 ‘ • • ; - ; , .. : a- : : * A SPECIALTY. Skilled and Finished Workmen in Every Department. ■v < •<*-);'*. • Special nttcntioifewill be giten to RFPAIB ' ‘ 1 K. m <1 tl.e scale of pr ees in tliia brand e l'Ceir reduced ful^/.cme-lanril . No I t.Tt 11 \ • • 1: : <>d in nnr si up—all First-tdassj r hat ' WORK AND AT; ROiXOM PRICES, * PLANTERS’ HOTEL, AUGUSTA, (iEOEGlA. Slates S-od-Jiced to S3 per Say. HAVING LEASED THIS WELL KNOWN HOTEL,fl enter ujnm.its nianageniont by Reducing Rates, mul asking >t the Travel ing Public, especially my friends of Carolina and Georgia, a continrf anew of that liberal support they have always given it. 33- T, jun-JS-am FORMERLY OF CHARLESTON, PROPRIETOR dtcll-ta* B Il. HE H* :.ds U HEADS AND LET1RE Guile vu sliunourt co w. T. RICHARDS & SON.; BOOKSELLERS ARE STATIONERS, i . it i .WIlOLKSALE AND REI’AIL DE.MJ^S IN • § f A N © A R © A K © S C M CO L BOOKS, MICELLANEOUS BOOKS. BLANK BOOKS, STATIONERY. ENVELOPES, FOOLSCAP, 1ETTER. NOTE PAPER. >. t Fancy Parer in Ecxes, Fancy Gads, Etc., 263 Broatl Street, ‘fJOUTTA, GA pycroqn ct, lhibe Balia aud Bi te, at tf.c l.owr.t Market Prices. J OB WORK OK'AlA UKS: iti i I TOB WORK'l'E EVERY DE- tion ••“ttilv'«Uw« -i- -- IfJ (teripiMiit*'t*o-fifiNt