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SOUTHERN BANNER. MARCH 12, 1878 ho be anticipated . n. X Said to ite jjftb| liglitest-triahln£>t the mo»t bcmtifal, TrhrajKiirt, best, nnd largest Sewing Machine in the world. Ladies and tiie public are invited to call and see, at the Office, next dcor to Wm. McDowell’s, College Avenue. THE SILVER VETO. Washington, February 28.—The following is the full text of the Presi dent’s message vetoing the silver bill: “ To the House of Representatives : After very careful consideration of I ’ use bill 1,093, entitled, ‘ An act t«> authorize the coinage of a standard silver dollar and to restore its legal tender character,* I feel compelled to return it to the House of Represen tatives, in which it originated, with my objections to its passage. Holds mg the opinion, which I expressed in my annual message, that neither the interests of the Government, nor the l>eople of the United States, would he promoted by disparaging silver as one ot the two precious metals which furnish the coinage of the world and that legislation which looks to main taining the volume of intrinsic money to as full a measure of both metals as their relative commercial values will permit, would he neither unjust nor expedient, it has been my earnest desire to concur with Congress in the adoption of such measures to in crease the silver coinage of the coun try as would neither impair the obli gation of contracts, either public or private, nor injuriously affect tbe public credit. It is only on the con viction that the bill does not meet these essential requirements that I feel it my duty to withhold from it my approval. Mv present official duty as to this bill permits only attention to the spe cific objections to its passage which seem '.<> me so important as to justify me in asking from the wisdom and duty of Congress that further consid eration of the bill for which the Con stitution has in such cases provided. The bill provides for the coinage of silver dollars of the weight of four hundred and twelve ami one-half grains each of standard silver, to be legal tender at their nominal value, for all debts and duties, public and private, except where otherwise ex pressly stipulated in contracts. It is well known that the market value of that number of grains ot standard silver during the past year lias been from 90 to 92 cents, as compared with the standard gold dollar. Thus, the silver dollar, authorized by this bill, is worth 8 to 10 per cent, less than it purports to be worth, and is a legal tender for debts contracted when the law did not recognize such coins as lawful money. The right to pay duties in silver, or in certificates of silver deposits, will, when they are issued in sufficient amount to circulate, put an end to the receipts of the revenue in gold, and thus compel the payment of sil ver for both the principal and inter est of the public debt. One billion, one hundred and forty three million, four hundred and ninety-three thou sand and four hundred dollars of the bonded debt now outstanding was issued prior to February, 1875, when the silver dollar was unknown in the circulation ot this country, and was only a convenient form of silver bullion for exportation. Five hundred and eighty-three million, four hundred and loriv thousand, three hundred and fifty ol the funded debt has been issued since February, 1873, when gold alone was the coin for which bonds were sold, and gold alone was the eoin in which both parties to the contract understood that the bonds would be paid. Th«*e bonds flowed into the markets of the world. They were paid for in gold when silver had greatly depreciated, and when no one would have bought them if it had been understood that they would be paid in silver. The sum of $225,000,- 000 ot those bonds lias beei^ sold during my administration for gold coin, and tbe United States received the benefit of these by reduction of the rate of interest to 4 per cent During the progress of those sales a doubt was suggested tp to the coin in which payment of those bonds would be made. The public an nouncement was thereupon author ized that it that any gross, or any action of any depart- raent of the government H would 1 of the principal of these bonds or the payment of the interest thereon in coin of less value than the coin au thorized by the law at the time of tbe issue of tbe bonds, being tbe eoin exacted by the government in ex change for the same. In view of these facts, it will justly be regarded as a grave breach of public faith To undertake to pay these bonds, principal or interest, in silver coin worth in the market less than the coin received for them. It is said that the silver dollar, made a legal tender, will, under its operation, be equivalent. in value fully to the gold dollar. Many supporters of tbe 'bill believed this* and would not justify an attempt to pay debts, either public or private, in coin of inferior value to the money of the world. Tbe capital defect of the measure is that it contains no pro vision protecting from its operation preexisting debts in case the coinage, which it creates, shall continue to be j of less value than that which was the ! sole legal tender when they were j contracted. If it is now proposed, j for the purpose of taking advantage , ot the depreciation of silver in the ! payment of debts, to coin and make j a legal tender a silver dollar cf less | commercial value than any dollar, j whether of gold or paper, which is i now the Jawiuj money of this coun- i try, such a measure, it will be hardly j questioned, will, in tip; judgment of j mankind, be an net of bad faith. As to ail debts heretofore con-1 tracted, the sjJjtvr dollar should be i made a legal tender only its market value. The standard of value should not be changed without the consent of both parties to the contract. The national promises should be kept with unflinching fidelity, There is no power to compel a nation to pay its just debts. Its credit depends on its honor. The nation owes what it has led or allowed its creditors to expect. I cannot, approve a b’ll which, in my judgment, authorizes the violation of sacred obligations. The obliga tion of tbe public faith transcends all qitc lions of profit or public advan tage. Its unquestionable mainten ance is the dictate as well of the highest expediency, as of the most ncessary duty, ami should ever be carefully guarded by the Executive, by Congress and by the people. It is my firm conviction that if the country is to be benefited by silver coinage, it can be done only by the issue of silver dollars of full value, which will defraud no man, A currency worth less than it purports to be will in the end defraud, not only tbe creditors, but all who are engaged in legitimate business, and none more surely than those who are dependent on their daily labor for their daily bread. Rutherford B. Haves, President of tbe United States. Ex. Mansion, Feb. 28, 1878. PIANOS DELIVERED jlINT ATHEISTS, GA., $170. $170. THE GREAT ESTEY ORGAN, DI «» M £ IU £ o M M e»o f* C/2 <> S- PRICE LIST OP THE Cheapest Furniture Bouse in Georgia, IP. IE3L SHOOK, No. 15, Marietta Street,••••* Atlanta, Georgia. Dressing Case Suits, 10 pieces, only $75 90 Full Marble Bureau Suits, (Walnut)...... 58 00 i or 4 Marble « “ 38 90 All Walnut Suits “ “ 30 60 Parlor Suits, 7 pieces $45, $50, $60 00 Solid Black Walnut Wardrobe, ornamented top.... . $15 $0 Walnut Panel Bedsteads 8 90 Extension Table......... i .........*1.10 f Walnut Bureaus $11; % or A Marble ....$15 00 Full Marble Bureau, only 20 00 Marble Hat Racks, only 12 50 Fancy Folding Chairs (nandsome).. $3 50 e&ch Maple Cane Seat Chairs $6 00 set Maple Cane Seat Nurse Rocker $2 00 each Maple Cane Seat Full Arm Rocker 3 50 each Wall Brace ArntChairs..... 9 00 set Cotton and Straw Mattresses $3 00; Cotton and Shuck 4 00 Wardrobes, Sideboards, Marble Table Ettegeues, Fancy Rockers, besides an endless variety of all grades of Furniture. Remember that I am the ORIGINATOR of LOW PRICES in Furniture, and believe in short profits. All inquiries cheerfully andswered. SEND AND BUY. 50 Bedroom Sets, 9 pieces; Walnut Bureau, only $20. r>_ S. SNOOK, teb2-2m. No. 15, Marietta Street, Atlanta, Ga. bbbjvjxbjvi barber DAVIS. SAPP ' v r .>• ' BRIDY3 B«OP Every body in’ vited to Call. I will undersell any house hi the United States, test this, wliiclfis to address Gr. P. There is bat one wav to Broad Street. Over Burke’s Book Store. 52 Wh.it3laa.Yl Sfcrsst, Atlanta, Ga. Pin nos and Organs in the South $®“TIh* only Exclusive! I) - Co feb5-tf. ’CLAIM to have the Largest Stove in this market. CLAIM to have the Heaviest - Stove for the price in Athens. Ahead of All COMPETITION Southern Mutual Insurance COMPANY, ATHEISTS, GEORGIA. VOUNG l„ O. HAHItlS, President j STEVENS ii OH IS, Srmtarjr. (irons Asset-, Ajnil I. 1SI7, • • l>2 j Resident Directors. Youxo L. G. IfAltRD John H. Nkwton, I>r. Henry Hin.i., Aluix P. Hearing, Col. Robert Thomas in v22-wly Stktess Thomas, Ki.ixa L. Newton, FkriUsand Pntstz r Dr. K. M. Smith, John W. Nicholson, THE WHITE SEWING MACHINE, WE OFFER THE ABOVE MAGNIFICENT Ammoniated Super-Phosphate To tbe Planters ot Georgi i, an 1 Inva 1 w . „ , ■ citation in recommending it to the fullest extent. \\ e snail endeavor to meet till legitimate competition, and fell assured that nil who usol onr articles will be highly pleasc-d with .the results. We also offer our j “ Eutaw Acid-Phosphate ” Which we lielicve is e. jiol to any in tin- market. 11 COTTON OPTION GIVEN IFiDESlRED ” Call on enr Agent* tor Term-and Price-. GEO W. WILLIAMS & CO., Proprietors, agent A ATHENS, ' Charleston. South Carolina. , JOHN C. PITNER. (118-4m 1 . u nnot:on or tolerate the redemption • ;ibait next J. BANCROFT, Agent. JftWftMi) ni I'll* XT .0-1L CLAIM to have the Finest Ar ranged aud most Elegantly Finished Cook Stove Manu factured e 0. ROBINSON H as jsut returned from a visit amon gtho Principal IT ANO and ORGAN factories in New York, Boston and other cities- having arranged for the Largest sad most com, plcte assortment ever offered South, at prices ABSOLUTELY BEYOND COMPETITION!. Low Pri es Quick Sake.-. Musical Instruments OF EVERY* VARIETY. Sheet Music anil Music Boohs CLAIM that'I'can* Furnish the j Best Tinware in the State as Cheap as inferior Tinware is now sold at in Athens. { CAN Substantiate the above claims aud would be pleased to do so to any one desiring to purchase. Call and be convinced at the SIGN OF THE BIG COFFEE POT. Broad Street, Athens, Georgia. J. C. WILKINS, aug7-3p> OgAIf •niff PLANTERS’ HOTEL, AUGUSTA., <3--A.. The Leading Hotel of the City. Noted for its cleanliness, and the excellence of its table. RATES—$3 00 PER DAY. The Proprietor solicits from the citizens ot Athens a continuance of that liberal patronage they have heretofore given him. S.7.BROWN, -/'• octl6-lm. Proprietor CBMTRAlt HOTJBX. AUGUSTA, >T 1 THE LATEST PUBLICATIONS. Musical Merchandise, And everything pertaining to a First Class Music House. TUNING AND REPAIRING, PIANOS, Church, Pipe and Reed Organs, nnd all kinds of Musical Instruments Tuned and Repaired by Mr. C. II. Taylor, the best skilled and one of the most thorough workmen South. Mr. Taylor devoted nearly fifteen years in the construction of instruments in some of the best factories in this country, nnd is tbo only authorized Tuner for the AUGUSTA MUSIC HOUSE. G. O. ROBINSON & CO.. 265 Broad Street, Augusta, Ga. OK ELEGANT CARDS, no two alike, with £i*J name, 10c.; or 15 Comic Photos or Ac tresses, 10c.; or 2t) Fine Scroll Cards. 20 stylos, no names, 10c. post paid. uov20-2t. J. B. HUST D, Nassau, N. Y. LIVERY, FEEO 010 Si E ST1ELE, Atbeas; Georgia. GANN & REAVES, PROPRIETORS. Will be found at their old stand, rear Frank lin House building, Thomas street. Keep al- w^rs on hand good Turnouts and earetnl dri vers. Stock well cared for when entrusted to our care. Stock on band for sole at all times. dcelDtf. ■ ■ a tOQJ ■; 1 ■*. 2 .imoo» .x •* t I- !:. ■ .lit.- »; . t bn-.-, <•: -V4 '»» vt« —j.>4• ••►«** a »i* <*«•(» ~- » -j r .[. i GEORGIA. ■ -1 ■ 1 ... ......... .VTJt-i;, M M. THOMAS, Prop'r. ; <i- -a jr% # l) Ms *n v.-< i This Hotel, soTweR known to the citizens of Clarke and adjoining counties, is located in the centre of tbe business portion of Augusta, con- venient to Post .Office, Tel^Sphi Office .awd- .«;I9 ,,iit-Depot, and offer* inducements, to the public ,, aqequalcd bv any other Hotel in the Cit” ta.tu decMf. — - M • - - —— 0,8 . — —.— .•».*<!-nail —... *• a* t ' — SAM Jitq rl Boot and SKoe-Ha]ser F 1 jail iww: ftet class work turned opt-dn short notiee, at*rr» Jtion really abiie at tbpoffico. j \!-v*:jinaqoixi> MA!m u tfi v-: (lit ni ebti-odii