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Professional Cards.
K. W. TRUTH. J. M. NEEL.
TItIPPE & NEEL,
A.TTO UN KTB-AT-LAW,
CARTERSVILLE, GA.
\\J ILL PRACTICE IN ALL THE COURTS,
> \ Ixith state and Federal, except Bartow
count v criminal court. J. M. Neel alone will
practice in said last mentioned court. Otliee in
northeast eorner of court bouse building. feb27
,j\o. 1.. MOON. DOUGLAS WIKLE.
MOON Sc AVIKL.E,
A t t oj*ne y s - at - L aw,
(ARTERSVILLE, GA.
Ottlce in Bank Block, over the Postoflice.
fcb27
W. T. WOFFORD,
A rr 1' o ri NEY-AT-LA W,
AND—
DEALER IN REAL ESTATE,
( ASS STATION, IJAHToW COUNTY, GA.
G. S. TIMLIN,
A T T O Ti IST PI Y - AT - Jj A W.
( ARTERSVILLE, GA.
\\7TLL PRACTICE IN ALL THE COURTS
\\ in Bartow county, the Superior Courts of
the Cherokee Circuit, the Supreme Court and the
United States Court for the Northern District o'
Georgia. dec!9-4mos
T. W. 11. HARRIS,
A T T O II NT Id Y - A T - LA AY ,
CARTERSVILLE, GA.
PRACTICES IN ALL TIIE COURTS OF
J Bartow and adjoining counties, and will
faithfully attend to all business entrusted to him.
Office over postoflice. decs-ly
R. W. Ml Ill'll EY,
A T T O UMST K Y - A T - LAW,
(ARTERSVILLE, GA.
OFFICE (up-stairs) in the briek building, cor
ner of Main A Erwin streets. julylß.
J. A. BAKER,
A T T ORNEY-A T - LA YV ,
( ARTERSVILLE, GA.
"YTTILL practice in all the courts of Bartow
YV and adjoining counties. Prompt atten
tion given to all business entrusted to nis care.
Office in Bank Block over the post office.
July 18.
E. D. GRAHAM. A. M. FOCTE.
GRAHAM & FOITTE,
A H u O 11 Tsr K YS -A t- l a w.
CARTERSVILLE, GA.
Practice in all the courts of Bartow county, the
Superior Courts of Nortli-west Georgia, arid the
Supreme Courts at Atlanta.
Office west wide public Square, tip-stairs ovei
\V. W. Rich & (Jo’s. Store, second door south of
Postoflice. julylS.
T. W. MILNER. J. W. HARRIS, JR.
MILNER & HARRIS,
ATTO RNEYS-AT-LAW,
CARTERSVILLE, GA.
Office on West Main Street. julylS
F. M. JOHNSON, Dentist,
(Office over Stokely & Williams store.)
CARTERSVILLE, GEORGIA.
I WILL FIL j TEETH, EXTRACT TEETIL
and put in teeth, or do any work in my line
at prices to suit the times.
trap-Work al. warranted. liefer to my pat
rons all over the county.
angis-ly. F. M. JOHNSON.
JOHN T. OWEN,
(At Sayre & Co.’s Drug Store,)
CARTERSVILLE, GA.
WILL sell Watcnes, Clocks and Jewelry.
Spectacles, Silver and Silver-Plated
Goods, and will sell them as cheap as they can
be bought anywhere. Warranted to prove as
represented. 'All work done by me warranted
to give sat isfaction. Give me a call. julylS.
CHAS. B. WILLINGHAM,
Stenographic Court Reporter.
[ROME JUDICIAL CIRCUIT. |
f MAKE A CLEAN RECORD OF CASES.
JL taking down the testimony entire; also, ob
jections of attorneys, rulings of the court, and
the charge of the court, without stopping the
witness or otherwise delaying the judicial pro
ceedings. Charges very reasonable and satis
faction guaranteed.
Traveler’s Ghiide.
C l IEROKEE RAILROAD. ~~
On and after Monday, June 10, 1878, the train
on this Road will run daily as follows (Sunday
excepted):
GOING WEST. Arrive. Leave.
Cartersville 1:30 p m
Stilesboro 2:15 p m 2:20 p m
Taylorsville 2:15 p m 3:00 pm '
Roc km art 4:00 pm
GOING EAST.
Rockmart 6:00 am
Tavlorsville 7:00 a m 7:15 a m
Stilesboro 7:40 am 7:45 am
Cartersville 8:35 am
WILLIAM MacRAE, Sup’t.
COOSA RIVER NAVIGATION.
On and after Monday, November 30th, the fol
lowing schedule will be run by the Steamei
MAGNOLIA:
Leave Rome Monday 9am
Arrive at Gadsden Tuesday 7 am
Leave Gadsden Tuesday Bpm
Arrive at Rome Wednesday 0 p m
Leave Rome Thursday 9am
Arrive at Gadsden Friday 7am
Leave Gadsden Friday 6pm
Arrive at Rome Saturday 6pm
J. M. ELLIOTT Gen’l Sup*t.
ROME RAILROAD COMPANY.
On and after Sunday, June 3rd, trains on this
Road will run as follows:
DAY TRAIN—EVERY DAY.
Leave Rome 8:10 am
Arrive at Rome 12:00 m
SATURDAY EVENING ACCOMMODATION.
Leave Rome 5:00 pm
Arrive at Rome 8:00 pm
WESTERN AND ATLANTIC R. R.
The following is the present passenger sched
ule:
NIGHT PASSENGER—UP.
Leave Atlanta 2:45 pm
Leave Cartersville 4:38 pm
Leave Kingston 6:04 pm
Leave Dalton 6:50 pm
Arrive at Chattanooga 8:25 pm
NIGHT PASSENGER—DOWN.
Leave Chattanooga 5:15 pm
Leave Dalton 7:05 p m
Leave Kingston 8:34 pm
Leave Cartersville 9:00 p m
Arrive at Atlanta 10:55 p m
DAY PASSENGER—UP.
Leave Atlanta 6:25 am
Leave Cartersville 8:16 am
laiave Kingston 8:43 am
Leave Dalton 10:20 am
Arrive at Chattanooga 11:55 am
DAY PASSENGER—DOWN.
Leave Chattanooga 7:10 a m
Leave Dalton 9:06 am
Leave Kingston 10:39 a m
Leave Cartersville 11:06 am
Arrive at Atlanta 1:00 pm
CARTERSVILLE ACCOMMODATION—CP.
Leave Atlanta 4:20 p m
Arrive at Cartersville • 6:35 pm
CARTERSVILLE ACCOMMODATION—DOWN.
Leave Cartersville 6:25 am
Arrive at Atlanta 9:15 am
FARMERS,
You will pave money by buying your supplies at
THE BARGAIN STORE.
LITCHFIELD HOUSE,
(Aeworth, Georgia.)
K. 1.. LITCHFIELD, Proprietor.
( 10NVi;\(KNT TO THE DEPOT, AND ITS
VV tab es supplied with the very best the mark?
et afford*. angß.
~usineßS you can engage in; ?5 to
* I Y tX oer day'Gv any worker cf either
Hex. right in their own localities. Particulars
and samples worth $5 free. Improve ycur spare
time at this business. Address STINSON & CQo
AutfUbta, Mauiv. Ov2B-Jy.
VOLUME I.
SUCCESS!
SCROFULA CURED!
Tlic North Georgia Medical In
stitute Discharges Another
Scrofula Patient!
My litttle boy now four years of age was af
flicted with the loathsome disease, Scrofula,
which exhibited external symptoms at about six
months of age. He became very weak, his skin
presented a peculiar yellow appearance—bad no
appetite, became so very poor in flesh that he
was really unpleasant to look at. Large swell
ings appeared under his right arm, and finally
they broke and continually discharged the most
fearfully offensive odor—almost unbearable—his
mother could hardly bear to wash and dress the
deep-running sores. After the disease had gone
on for about a month, we called in our family
physician, a man who bore the reputation of be
ing a learned and skillful physician. After
treating the case for a number of months, he
told us that it would take two or three years to
perform a cure. However, lie continued to treat
the child, but with no manner of benefit as we
could see. Indeed, with the painful lancing and
unpleasant internal medicines the poor little
creature seemed to grow more restless and a
great deal weaker.
' About this time myself and wife came to the
determination to change physicians, but were
greatly troubled as we then knew of no one
whom we could trust with more coufideuce than
the one engaged. Happily, through the advice
of a friend—one who deeply sympathized with
us in our dire distress—we were directed to see
and consult Drs. Memmler & Johnsonf who had
established an Infirmary in Cartersville. Our
consultation with those gentlemen resulted in
our turning over to them the treatment of the
little child, whom we deemed beyond the skill of
any earthly physician; but our love for the dear
child, who had gone through so much suffering,
prompted iffi to leave nothing undone that prom
ised the least relief. After thoroughly examin
ining their patient, Drs. Memmler & Johnson
began treatment. We had given only three
doses of their medicine, when we noticed consid
erable improvement, and every day thereafter
improvement went rapidly on. With nothing
but internal remedies, no sore, no plastei-s, no
lancing was resorted to by the above named gen
tlemen. Simply their internal remedies, after
hardly three months’ treatment have performed
the cure which it was said required years to ac
complish.
And now, in conclusion, I invoke the richest
blessings of the Great Physician—who looks over
all things—to bless and prosper them, and to the
alllicted world we feel that we could wish them
no greater earthly blessing than to fall under
the care and treatment of these gentlemen. If
any desire to hear from me directly, they will ad
dress me at Cartersville, Ga.
Most respectfully,
NIMROD X 8 IIOWREN,
mark.
Sworn to and subscribed before me this 3rd
day of February, 1879.
.T. W. PRITCHETT, X. P. & J. P.
All Chronic Diseases Cured and
Surgical Operations Per
formed at the North
Georgia Medical
Institute.
MEMMLER A JOHNSON,
Proprietors.
CARTBRSViLLE GA
THE FREE PRESS.
THE CURRENCY QUESTION.
Speech of Hon. IV. H. Felton on the Fi
nancial Policy of the Government.
Mr. Speaker: The financial measures
of the government, all questions toucli-
I ing the supply and demand of money,
the present and future status of gold and
silver coins, of greenbacks and national
currency, continue to excite and interest
the American people.
I have heard it said since this session
of Congress commenced that these fi
nancial questions should not intrude
themselves upon our deliberations; that
in view ot approaching national elections
we should seek to suppress rather than
; encourage discussion; that all differences
of opinion should be merged into one de
sire and purpose to succeed politically,
to carry our favorite candidates to a po
sition which will enable them to appor
tion out tiie offices and perquisities of
executive patronage.
I also desire earnestly the success of
democratic candidates; but this desire is
prompted only by the higher considera
tion that with the elevation and success of
men we may realize the elevation and
triumph of certain measures. “Princi
ples and not men” should be the politi
cal maxim of every American citizen, or !
rather he should recognize men as the
representatives and embodiment of cer
tain principles which lie seeks to estab
lish and perpetuate.
It is unfortunate for the material and
political interests of that country when
undue importance is attached to mere
party success, when tiie shibboleths and
technicalities of political organizations
are placed above measures which are sup
posed to underlie and vitalize the indus
tries and wealth of the country.
It may have been necessary in the for
mative periods of the government to de
vote much time to the discussion of ab
stract political truths; but now abstrac
tions must resolve themselves into the
practical problems of life and the theories
of partisanship must be verified by use
ful results.
Aspirants for office must remember
that the “glittering prize” is only with
in the gift of a people who demand ma
terial guarantees tor the confidence and
suffrage they bestow. These guarantees
are good government, economy in all
public expenditures, absolute honesty in
all official positions, and such financial
legislation as promises relief to the em
barrassed industries of the country.
W hat care the people for the success of
any man or combination of men constitu
ting a party, if that man or party must
be divorced from the measures which tiie
popular mind considers essential to the
establishment of justice, the promotion
of the general welfare, and the secure
ment of the blessings of liberty to our
selves and our posterity?
What care the people for the enthrone
ment ol a party if honest industry must
go unrewarded and the tax-gatherer
must continue reaping the accumula
tions of by-gone years?
What care the strong-armed multitude
for political triumphs which continue
their homes and families under the old
regime of contraction, of a single-metallic
standard of value, of national banks, and
of a bondholding aristocracy ?
These financial questions underlie and
interlace all the anxioms which compose
that splendid political creed known as
Jeffersonian democracy. In my opinion
not one of the fundamental principles of
this democracy can ever be established
while the present financial system of the
government continues in force. It is at
war with this democracy, and to
me it is strange that any friend
of a “perfect union” of all sections
of a common country, of equal and
exact justice to all men, of the rule and
supremacy of a majority of the citi
zens as against minorities, and of the
rights of the states as against a central
ized despotism, should ever consent, by
word or by vote, to the continuance of a
system that is silently and effectually de
stroying these great bulwarks of consti
tutional liberty—this system of finance
by which the rich and the poor are made
to antagonize each other, when nature
and personal interest all conspire to place
them on a pleasant and profitable rela
tionship to each other.
Our present financial system is prop
ped and sustained in its position by na
tional banks. Our solar system does not
revolve around its central sun more reg
ularly and dependency than our finan
cial policy revolves around these char
tered monopolies—monopolies which, in
my judgment, will prove themselves a
commissioned corps of “sappers and mi
ners” which will to the extent of their
capacity undermine and explode some of
the grandest features of our form of pop
ular government.
Mr. Calhoun, who was probably en
dowed with greater foresight than most
men, amounting in some instances to al
most political prophecy, and who was es-.
pecially jealous of all encroachments
upon popular liberty, when describing
the pernicious results of an alliance bo
tween the government and the banks,
uses these words:
“It behooves us to inquire whether the
system is favorable to the permanency of
our republican institutions, to the indus
try and business of the country, and,
above all, to our moral and intellectual
development.”
lie then proceeds to demonstrate with
his usual logical accuracy the injurious
influence of the “union of government
and banks” upon our political, industrial
and intellectual development.
Let us remember that the system
against which Mr. Calhoun was battling
had far less connection with the general
government than our present system of
banking. He was arraigning at the bar
of public opinion one national bank, the
charter of which had expired in the pre
vious March, the authorized capital of
which bank had been $35,000,000, of
which capital $7,000,000 were subscribed
by the United States government in five
per cent, stocks, and $28,000,000 were
subscribed by individuals or corporations,
one-fourth in specie and the remainder in
United States stocks. Its notes were re
ceivable in all payments to the govern
ment and the public moneys were depos
ited in the bank, subject to other direc
tions by the secretary of the treasury, the
bank to act as the. commissioner of loans
for the several states. In addition to this
one national bank there were other banks
included in this system of banking, which
was at the time being criticised and con
demned by this most sagacious states
man.
These were private banks of deposit
and circulation, chartered and authorized
by the several states. The Bank of North
America, which originated with Robert
Morris in 1781, and was established by
congress at his suggestion, obtained, in
additional to its national authority, char
ters from the states of New York and
Pennsylvania, and thus became the pio
neer of that system of state banks which
had expanded from one bank in 1781 to
six hundred and thirty-four banks in
1837, when Mr. Calhoun was reviewing
the system, and from a capital of $400,-
000 to $290,000,000.
The state haiike sought the overthrow
CARTERSVILLE. GEORGIA. THURSDAY MORNING. MARCH 6. 1879.
of the national bank and were delighted
at President Jackson’s message ot De
cember, 3829, in which he questioned the
j constitutionality of the law creating the
j national bank. The bank was over
thrown. The public deposits, amount
ing to some $10,000,000, were removed
and placed in charge of certain favored
state banks; precisely what those banks
desired, because it removed a dangerous
r.yal, and placed within their vaults ten
j millions of the public funds.
From this time certain designated state
banks became depositories of the public
j moneys, and also commissioners of pub
lic loans. They were inseparable from
the government, and the government
was thoroughly identified with the
banks.
It was this system of banking, this de
pendence of the government upon the
banks, and this aid the banks desired
from the government, this flnion, this
association, that Mr. Calhoun character
ized as subversive of our political, indus
trial and intellectual prosperity.
But,sir, under different names and with
increased powers for mischief, the sys
tem still continues. The government of
the American people and tiie speculators
of Wall street are still forced into an un
equal alliance. The temple of our liber
ties is still profaned by the presence of
money-changers. When the ark in
which are deposited the tables of “our
law is jostled with difficulties” the un
clean hands of syndicates and clearing
houses, of brokers and stock-jobbers, are
thrust forwaul for its protection. The
revenues of the government, which some
one has said is the government itself, are
still under the control and keeping of the
banks, and the banks are still the pets
and proteges of the government.
Bank officers and directors must be
conciliated and their co-operation secui’ed
before specie resumption authorized by
law can become an assured success.
Their interest must be consulted and
their anger appeased before tiie law re
monetizing silver can become Effective.
Like the dog Cerberus that guarded the
infernal regions and only resisted those
who were attempting to escape from
Hades, so these banking monopolies keep
watch over tiie misfortunes, and embar
rassments of the people and of the gov
ment, and neither the one nor the other
can escape these evils until “a sop” has
been thrown to the insatiate monster.
In 1863 congress authorized the estab
lishment of national hanks, not having a
gold and silver basis, but founding their
circulation upon interest-bearing bonds
of the United States, their bills to he r >-
deem able in the lawful money of the
United States, and the secretary of the
treasury is authorized to deposit the pub
lic moneys with them.
These hanks now number two thousand
and fifty-three, and the amount of their
circulating notes on the Ist of last July
was $324,514,284. The amount of inter
est-hearing bonds held-in trust by the
government for these national banks is
$368,534,279, on which bonds the govern
ment is paying to these hanks, annually,
some $18,000,000 as interest.
The secretary of the treasury has se
lected one hundred and twenty-four of
these banks as depositories for the public
moneys. Now, to show their connection
with the government and the influence
they must exert on the finances of the
country, it is only necessary to state that
in the last fifteen years these depositories
have received $3,308,750,346 of the pub
lic funds, or over $220,000,000 a year.
The banks transfer to the treasury all
sums of money drawn by the treasurer,
and the treasurer transfers at pleasure
the public moneys to these depositories,
and he is at liberty to bestow his favors
liberally upon some special banks, and
sparingly or even nominally upon others.
In other words, these selected and fa
vored banks are the fiscal agents of the
government—brokers, to buy and sell, to
receive and pay out, to “bull or bear”
the public funds.
The apprehensions of our fathers at
the existence of one United States bank,
and also their expressed fears because of
the government’s connection with and
dependence upon a system of state hanks,
seem trivial.
What was one bank with a capital of
$35,000,000 compared with two thousand
United States banks having a paid-up
capital of $470,303,306 and a surplus fund
of more than $18,000,000?
What was $7,000,000, which was the
amount of stock held by the government
iti the old United States bank, compared
with a mortgage, which these two thou
sand banks hold on the government of
the United States, to the amount of $368,-
534,279, the annual interest on which j
mortgage is nearly $18,000,000? Ah! a
mortgage much greater than this amount,
for if we add to this value ot United I
States bonds held by these banks the sum !
of $00,400,000 legal tender notes in the ;
vaults of these hanks and in the treasury
for the redemption of their own notes,
we have the sum of $432,934,279 in the
shape of a mortgage held by these hanks
upon the labor of the country.
What was the management and control j
of some thirty or forty millions of public i
expenditures and receipts in that day
compared with the hundreds of millions
which now make up the receipts and ex
penditures of the government?
President Jackson stirred this nation
to its very depths by removing some nine
or ten millions of deposits from one Uni
ted States bank.
The possibility of fraud and corruption
implied by such an alliance between the
government and a fiscal agent was suffi
cient to arouse an opposition to the bank
that sustained the president in his very
questionable proceeding. The people
saw in that alliance of government and
banking establishments an arrogance and
despotism that threatened a continuance
of their liberties. Now, I submit that
no argument was ever used against the
United States bank, or against the con
nection of the government with a system
of state banks, that does not apply with
increased force to the present system of
national banks. The bills of former*
banking institutions professedly repre
sented gold and silver. The bills of these
national banks do not represent the pre
cious metals. They are not redeemable
in gold and silver, but are redeemable in
legal tender greenbacks. They are sim
ply the representatives of “greenbacks”
or treasury notes.
Why not let the people have the genu
ine greenback instead of its representa
tive? Why should the government issue
a paper currency simply as a banking
capital foi the rich ? Is it too valuable
for the great multitude? Must it be re
tired into the vaults of national banks,
so that the shareholders and officers of
those banks may increase their wealth
by furnishing the common people “with
their corporate promises” to pay? To
pay what? Is it to pay gold that these
bankers have been so anxious to make
the single standard of value in this coun
try? No, sir. It is to pay silver that
they have labored so earnestly to keep
demonetized? No, sir. It is to pay
“greenbacks,’ 1 the money they have ar
gued in seasou and out of season should
be buraed up, because, aa aJleged, its le-
gul tender character makes it uneonstitu
( tional.
Did I say their bills were the repre
sentatives of these greenbacks ? No, sir.
They are the substitutes of these valua
j me and popular legal tender bills. These
| hank ' bhve retired these greenbacks from
circulation by hoarding them in their
vaults, and to-day we find over one
fourth of the three hundred and forty-six
millions of greenbacks said to be in ex
istence in the possession of the treasurer
and the national banks.
lut the shareholders and officers of
these banks tell us that the people can
exchange the bank currency for legal
tender notes and then convert those notes
into gold. Let us examine this plausible
fraud upon the people.
1 hese bank bills must be redeemed
with legal-tender notes at the counter of
the particular bank issuing them, and
then the valuable greenback currency
must be sent in sums of not less than SSO
all the way to New York, and there, at
the sub-treasury in that city, the farmer
in Georgia and the mechanic in the west
can have it exchanged for gold or silver,
at the option of the secretary of the
treasury. Resumption of specie pay
ments ! 4V by, it is a farce as far as the
laborers and great producing multitude
are concerned. Why are these banks re-
Ijeved from compliance with the law re
quiring specie payments? Their bills
not only act as a substitute for legal-ten
der bills, hut they also act as a substitute
for gold and silver, and practically con
fine these metallic standards of value to
ihe treasury of the United States.
Here are the banks, holding the. legal
tender notes with which to redeem their
own bills, and the treasury hoarding gold
and silver with which to redeem the
legal-tender notes. In a few years this
national-bank currency will be the only
currency known in the country. Then
this moneyed monopoly will have been
perfected and will have within its grasp
the property and productive industries
of the country. At their good pleasure
they can expand or contract the curren
cy. We know what contraction of the
currency in this country means. The
money power resolved to increase the
purchasing power of money. They
know as the volume of the currency is
diminished so the value of property and
labor is decreased. Ah ! they know that
a small absolute reduction of the curren
cy makes a great absolute reduction of
the value of the entire property of the
community.
This money power commenced the
work of contraction, destroying green
backs, demonetizing silver, erecting one
standard of value, and that a gold stand
ard, and the result was that financial
distress unparalleled in our history ex
tended over the country, and still con
tinues throughout the productive por
tions of the union.
I have heard men congratulating them
selves and the country upon the brilliant
success attending resumption of specie
payments. It reminds me of an incident
in the life of Julius Caesar related by
Plutarch.
After the battle of Munda, in Spain,
in which he won a decided victory over
the sons of Pompey, and which victory
removed all his rivals and placed him as
dictator for life on the throne of the fallen
republic, he issued a congratulatory ad
dress to the citizens of Rome, and by his
own order the victory was celebrated
with shows and feasts for many days.
But Plutarch says it displeased the peo
ple, for he had not defeated foreign gen
erals, but destroyed the children of the
greatest men of Rome. They said he
was leading a procession in celebration of
the calamities of his fellow-citizens;
heretofore he had seemed rather ashamed
of his actions, but now demanded honors
to be paid to him.
They remembered that Rome had been
well-nigh depopulated by his ambitious
wars; that poverty and sullering had
bei n entailed upon them; that their lib
erties were crushed under the iron heel
of a military despotism, and for all these
things they were*now called upon to con
gratulate themselves.
It reminds me of an incident that oc
curred only a few years ago in France.
We were told with a great flourish of
trumpets that the “empire meant peace,”
and all Europe was called upon to con
gratulate itself because of the happy
event. But Europe remembered that
the “empire” was built up by a coup
d'etat that crushed “law and liberty,”
and was soon to be followed by commu
nistic riots which with their bloodshed
and vandalism would put to blush the
civilization of the century.
Now, we, the representatives of the
people and the people themselves, are
asked to congratulate ourselves upon the
success of a forced resumption of spe
cie payments.
We forget that our congratulations
“celebrate the calamities of our fellow
citizens;” we forget that successful re
sumption is the result of contraction
which has crowded our penitentiaries,
jails, and work-houses with inmates. It
has made our poor-houses and asylums
too small to accommodate the applicants
for admission. State legislatures must
enlarge their public charities, and must
call to their aid private munificence to
meet the demands of pauperism. From
all of our densely populated States coine
assurances of an increase of pauperism,
of social dilapidation, and of crime which
startles all who have made social science
a study.
From all of our southern and western
states devoted to agriculture, though
blessed from year to year with abundant
harvests—cotton crops unequaled in
quantity, grain crops that are the won
der of the world—yet from these states
comes the evidence that men are unable
to pay their taxes, that thousands are re
duced to the greatest straits, and that
bankruptcy threatens every laborer and
producer.
In the midst of plenty we are in
poverty; right by the side of burst
ing granaries there comes the wail of
ruined men and broken-hearted moth
ers ; the rich growing richer and
the poor growing poorer; hopes
blighted, energies crushed, houses and
lands covered with mortgages; and no
future for two-thirds of the people, who
are manacled with debt. Yet for all these
things we are called upon to congratu
late ourselves that resumption of specie
payments is a success; for it was this
coerced resumption that has procured all
this financial distress; it was this “idiot
ic idea” that there must be but one stand
ard of value, and that a gold standard,
that has produced all this suffering and
want. That “idiotic idea” is doing its
work to-day in England and in Germany.
The scenes transpiring in those countries
are only fac similes of scenes which have
been occurring here for years ever since
this idea of “gold” possessed the minds
of our legislators; an idea which could
be generated and propogated only by the
brain of a moneyed aristocracy which
seeks to make tributary to its wealth the
labor and industry of the world.
Now, sir, let me ask who have been
*most importunate in demanding this con
traction of the currency ? Who have in
sisted mo?t untiringly for this single gQld
standard of value ? ho have fought
most uncompromisingly at every stao-e of
its passage the silver bill, and ai-e now to
the extent of their capacity prepared to
nulify the provision of that act. I an
swei, the two thousand national banks of
I “ds country. They, as the embodiment
|pt the money power of this country, have
instigated all these measures of contrac
tion. They have desired to increase the
power of money, to make it costly, and
thereby to create a separate moneyed in
terest, accompanied with all the clangers
which must result from such a distinctive
interest—a moneyed class; the destiny of
the many placed in the hands of the few;
a mighty power capable of controlling and
corrupting all the channels of legislation,
possibly shaping the counsels of political
conventions and dictating the policy of
administrations.
Having control of the currency, it must
necisarily have supremacy over the in
dustries of the country and, as experience
demonstrates, will influence the politics
of the country. Consequently a few as
piring and wealthy individuals must soon
manipulate all this industrial and poltii
cal power for their own profit and ag
grandizement.
Again, on the first of October, 1878, the
secretary of the treasury had in the pub
lic depositories the sum of $04,207,814 in
coin. Of this amount $45,097,001 was in
one bank in the city of New York and
over fifty nAllions of these deposits were
in that city.
This system of banking concentrates
the banking capital and the public de
posites in the larger cities at the expense
of the country and the country towns.
It gives these cities where the banking
capital of the Union is accumulated posi
tive control of the currency of the coun
try, and thus gives them absolute control
of the productive industries of the coun
try. Mr. Calhoun said “the govern
ment must become the bank, or the
bank the government,” and w 6 are very
sensible of the fact that the “money pow
er” or banking capital of the country is
now well-nigh the government of the
country.
This power is concentrated in Xew
York city. That city is now the commer
cial and political dictator of this country.
By its control of the currency it regulates
prices and wages. All the farms and
shops, all the factories and mines of the
United States are under the superinten
dence and direction of this rapidly grow
ing metropolitan power. When the
leading agricultural products of the south
and west are ready for market this “mon
ey power” which is enthroned in Wall
street immediately establishes the price,
and thus all our tributaries of wealth are
made to increase the power and influ
ence of this city.
. The bankers and stock jobbers of that
city must be consulted in regard to all
political arrangements. They must name
the candidates for the presidency, and
federal legislation must accord with its
financial interest. Other states are pro
vincial dependencies and must not rise
above the political and commercial mark
registered by the decrees of Wall street.
Yes, Mr. Speaker, this system makes the
“bank the government,” and locates its
powers with this commercial autocracy.
But again, this entire banking system
is based upon a “national debt”—inter
est-bearing non-taxable bonds. If the
system lives the debt must be perpetuat
ed. The advocates of the one are the
friends and supporters of the other.
These banks conceived, and by act
of congress executed, the plan of
turning the bonds of the country into
bank currency without surrendering the
bonds. This currency is absolutely a gift
from the government to these banks—a
gift which in value may reach nearly to
within 10 per cent, of the whole bonded
debt of the currency. These banks can
at their option surrender this currency
and take up their bonds, which are al
ways equal to coin, or place their bonds in
trust with the government and receive
this “currency gift from the govern
ment.” I repeat, the system perpetuates
a national debt, with all its heavy bur
dens, upon the labor of the country. The
owners of these bonds pay no taxes there
on to either the federal or state govern
ments —lords who reap all the benefits of
government and contribute nothing to its
support.
The farmer is taxed; his lands, his im
plements, his live stock, all must pay a
state and county tax. The mechanic must
pay a tax ad valorem upon his tool-chest;
the manufacturer is taxed upon his ma
chinery and all his investments; the
merchant is taxed; and one of our lead
ing agricultural products is taxed by the
federal government. Taxation, state and
federal! There is no department of bus
iness or article of consumption which es
capes the heavy hand of the tax-gatherer.
But national banks and individual capi
talists can invest their millions in these
interest-bearing bonds, and the govern
ment, which protects capital and oppres
ses labor, emempts these investments
from all taxation. Even an income tax
is steadily resisted by this house for fear
its operations might reach the semi-an
nual harvest of these bondholders. The
labor of this country is continually drain
ed for the benefit of men who do not con
tribute to the real worth of the country.
We have a magnificent country, of im
mense capabilities, inexhaustible riches,
social and political influence, it promises
a future absolutely wonderful to con
template, dawrflng in its grandeur and
desirableness the wildest dream of its pa
triotic founders.
But this future is in the hands of our
wealth-producing classes. They only
can convey the present and coming gen
erations to the full measure of our hoped
for glory; and if we weigh down those
classes by unjust taxation upon the pro
ducts of their labor in order to sustain our
financial schemes, which pivot them
selves upon these banking monopolies,
then this future w ill prove a dancing and
receding mirage that will elude our grasp
and disappoint our expectations.
Let these national-bank notes be retir
ed. Let us destroy for ever this connec
tion of the government with any species
of banking and let us confine the govern
ment to its constitutional prerogative of
stamping or coining money.
Let us supply the place of these retired
bank notes with legal-tender “greenback
notes”—a currency bearing the broad seal
of the American government and receiv
able for all dues public and private wher
ever the American flag floats. Then let
us order the unlimited coinage of the
standard silver dollar and surround that
coinage with all the privileges now' at
taching to gold coinage, and verily we
will have metalie and paper standards of
value interchangeable with each other at
the option ot the government or of the
individual in all localities reached by the
authority and power of the government.
Let this legal-tender paper currency is
sued directly by the government, backed
by an unlimited silver coinage, supplant
our pres nit banking oligarchy and imme
diately you circumscribe, if not destroy,
every monopoly which is how crushing
our industries and threatening the liber
ties of our country. Do this and imme
diately ydu send joy and gladness to those
“captains of industry” who are most en-
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ergetic and successful in developing our
resources and bringing to light the “hid
den treasures” of wealth.
Our countrymen are looking tons; our
industries await the orders of the Ameri
can congress. Apply the stimulus which
they demand and which we can furnish,
and they will move forward with a
strength and glory unequaled in history.
MM I MM
Gri*eat Har}>aiiiK.
J. A. ERWIN & SON
ARE OFFER IN'*, AX EXTIKE XEW STOCK OF
FALL AXI> WINTER GOODS,
fall and winter goods,
CONSISTING OF
Dry Goods, Clothing,
Dry Goods, Clothing,
Boots and Shoes,
Boots and Shoes,
Crockery, Ac., Ac.,
Crockery, &c. f Ac.,
AT EXTREMELY LOW PRICES
AT EXTREMELY LOW PRICES
TO SUIT THE TIMES.
TO SUIT THE TIMES.
Call and Examine their Goods and Prices
Before Buying.
J. A. ERWIN * SON.
Cartersville, Ga., Sept. 19th, 1878.
Sugar Cured Hams,
The very best Chicago brands cheap at
THE BARGAIN STORE.
Teas, Soaps, Candles, Starch,
Any many other things too numerous
to mention at
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(Clayton’s old stand,)
CARTERSVILLE, : : : : Georgia.
For Dry Goods in General
Go to
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MORNING NEWS SERIALS.
A NEW STORY
BY A SAVANNAH I.AHY.
IN THE
SAVANNAH WEEKLY NEWS
OF FEBRUARY Ist.
Will be commenced a Xew Serial Story of ab
sorbing interest, entitled
WARP AND WOOF j
BY MISS R. J. PHILBRICK.
This beautifully written and in
teresting stors, illustrative of Southern
character and Southern life in town and country,
will run through several weekly issues of the
News. Without anticipating the’ interest of our
readers, we can promise the lovers of well
wrought fiction a rare treat in its perusal.
Tee Weekly News is one of the largest and
handsomest newspapers in the country, being an
eight page sheet 38 by 52 inches. Among its new
features we invite attention to a series of art i
cles on the Orange Culture, w ritten expressly for
its nages by Mr. C. Codrington, of Florida, which
will be found interesting and valuable to those
engagedin orange growing. Another feature of
especial interest to our lady readers is our New
York Eashion Lettejs, by an accomplished lady
writer. The aiin of the News is to be thorough
in all departments of a comprehensive newspa
per. Its Agricultural Department, its careful
compilation of the news of the day, foreign and
domestic, its reliable market reports, editorial
comment, and choice miscellaneous readings,
make the Weekly News one of the most instruct
ive, entertaining and valuable newspapers.
New subscribers desiring to commence with
the new story should send in their names at ouce.
Subscription, one year, $2. Weekly News and
the Southern Farmers’ Monthly one vear, 53.50.
Address J. H. ESTILL,
Savannah, Ga.
W. H. WIKLE & CO.,
(Next to Postoffice,)
Solicit your orders for Appleton’s and Cham
ber’s Cyclopaedias.
SPECIALTIES:
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The Nashville American.
The readers of the free press will
find in the Nashville AMERICAN, a first
class newsprper. In news, it enjoys all the ad
vantatages of the Eastern and Western Press
Associations, thus securing the latest telegraph
ic news from all parts of the United States and
the rest of the world. Its market reports are
full, and includes all articles in the mercantile
listsof the country. It has Dr. Daniel Lee for
Agricultural Editor, who gives it special value
to the farmer.
THE AMERICAN is Democratic, and its
discussions of the current political questions are
able, and challenge even the respect of adversa
ries.
The miscellaneous columns of THE AMERI
CAN embrace all that is interesting and useful,
in the various fields of human enterprise; and it
can be safely commended, as a most excellent
and valuable paper in the Household, the Work
shop, the Store-house, and to all people of every
vocation.
THE AMERICAN prints three editions—
Daily, Semi-Weekly and Weekly—specimen
copses of which will be sent on application.
The terms are, per annum—Daily, slo.6rt;
Semi-Weekly, $4.20; Weekly, $2.00, postage paid.
Address THE AMERICAN,
Nashville, Tenn.
SHOES AND HATS
Cheaper than has ever been known before at
THE BARGAIN STORE.
LECTURE TO YOUNG MEn7
Just published in a sealed envelope. Price six
cents. A lecture on the nature, treatment and
radical cure of seminal weakness, or spermator
rhoea, induced by self-abuse involuntary emis
sions, impotency, nervous debility, and impedi
ments to marriage generally; consumption, epi
lepsy and fits; mental and physical incapacity,
&c.—By ROBERT J. CULVt’RWELL, M. I).,
author of the “Green Book,” &c.
The world-renowned author, in this admirable
lecture, clearly proves from his own experience,
that the awful consequences of c elf-abuse may
be effectually removed without medic*ne, and
without dangerous surgical operations, bougies,
instruments, rings or cordials; pointing out. a
mode of cure at once certain and effectual, by
which every sufferer, uo matter wliat his condi
tion may be, may cure himself cheaply, private
ly and radically.
lecture will prove a boon to thous
ands and thousands.
Sent, under seal, in a plain envelope, to titiv
address, on receipt of six cents, or two postage
stamps. Address the l*ttbU*l*ers, .
THE CULVERWELLMEDrCAI CUT,