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THE JJICESON ECONOMIST
Official County Organ.
OFFICIAL ORGAN OF WINDER.
PUBLISHED BVBKY THUItHDAY KVKNIN
JF.FFAKSON OFPICK:
With the Ordinary in the Court House
I*. W. will represent the
paper and take subscriptions.
Su tscrbtion P.ates-
O v y. V 17. - *l.OO
A. G. LAMAR,
Editor and Publisher.
THURSDAY. FERUARY 1. 1899.
Advertising pa"8 —in The Econ
omist.
Tliere ought to he a census of
Winder taken this year.
The state fair for Georgia will he
held in Atlanta this year.
If you want results from adver
tising patroaize The Economist.
An interesting communication
from Dr, Nance, of Gainsville will
appear in next issue.
All that W'nder needs to be th?
best town of its size m Georgia is
a few mnnufactudug enterprises.
The EtoNOMisT. is a strict Popu
list paper and every Populist in
tho state should patronize it. Do
a little missionary work in your im
mediate section and help us to ex
tend its circulation.
There is no weekly paper m
Georgia that gives you more read
mg matter on all liims than the
Economist. Read it and hand to
some friend and get him to sub
scribe. You can help us wonder
ully if you will do this.
The dispensary commissioners of
Athens in their report for the year
ending Feb. Ist, 1899. give the net
profit of $11,007.00. We venture
the assertion that no other busi
ness with the same amount of cap
ital invested has paid as much in
Athens.
Camp Haskell, of Ath ns, is now
a thing of toe past es all of the
soldiers there 1 ave been mustered
out. This camp has bee'i a great
advantage to At'rens, and we hope
the war department Tvill dicide to
send some of the regiments now in
Cuba there.
Tho severe weather will prevent
many farmers from sowing oatSj
and as the luinl must be planted in
something we can expect the usual
acreage again in cotton. It is the
only crop in the south that will
bring money and that us the thing
that most farmers are compelled
to have iu the fall.
• *
The supreme court of Georgia
has decided that ‘presidents ot ha
tional banks are not subject to the
tax of SIOO per year imposed upon
them by the state of Georgia
This will not be a surprise to the
large class of men who produce all
the wealth of the state as they
have always found that the men
who !o nothing but thrive on the
producers are shielded bv the courts
and legislatures,
Imperialism is the crv now of
many loaders in both wings of the
old parties and the people nro to bo
deceived by expansion.” These
loaders show the immense oppor
tunities for young America in
thes new fields of conquest and
thousands have been taken oil'
th‘-ir nut by the beauties of such
sophistry. Years ago W3 contended
that the parties of plutocarcy would
take advantage of the first oppor
tunity to increase the army and
navy, and that time arrived when
i the Spanish-Americau war oaine.
Infact the Spamsh-American war
was crated to ordbr for the express
purpose of furnishing the excuse to
p'utocracy to increase the navy
I and army to such an extent as they
i did not dare to see time of peace.
Now, for the same purpose, we are
swallowing up the Filipinos and
establishing a colonial policy and
thereby deceiving the people while
j the army bill now pending before
congress authorizes a sta ding
army of one hundred thousand
soldiers in time of peace. Not
| only this, but ma n y new vessels to
, be added to the navy, and slowly,
but surely we drift into monarchy
jof the old world. T’lis is the
reason the leaders of both old
parties stand for imperialism.
They care nothing for the Cubans
or Filipenos, but their own pro
tection in their legislated wealth.
All this row is being raised to
give an excuse for the increase of
the army and navy and every in
crease of these two branches of our
government curtails the freedom
and indepeuence of the citizen.
But just what we told you years'
ago is comming true. The most
obtuse can see it now, but it is to
late to apply the remedy. Expan
sion is a reality—the army is upon
us and the navy covers the sea
while the people sleep.
Jefferson Court.
This has been a had week for
superior court at Jefferson, but
Judge Russell has disposed of a
lot of business and under the cir
cumstances has done remarkably
well. There never has been a time
when so many difficulties have
been encountered in carrying on
court. The roads are almost im
passable and the weather first of
the week was the coldest and most
severe on record. Taking every
thing into consideration, more
work has been accomplished at
this court than over before, and
Judge Russell has made quite an
enviable reputation as a presiding
officer.
The \ew Patriotism.
William It. Day, who was two years
ago an obscure lawyer in a small Ohio
town, is to receive $lOO,OOO for 59 days’
work on the peace commission.
This is equal to the president’s salary
for two years. It is equal to a me
chanic’s wages for 250 years. It is equal
to what a barber would receive for shav
ing 1,000,000 men.
Many American citizens are working
for $5 a week, but this William R. Day,
this matchless encyclopedic miracle of
statesmanship, this noble being from a
higher sphere, condescends to serve his
country in hei hour of need for $11,900
a week.
John Milton, an inferior man to Wil
liam R. Day, only received about $lOO
for his great work “Paradise Lost.”
Goldsmith, also one of the unfit to
survive, only got BJO for his book, “The
Vicar of Wakefield. ”
Our forefathers, who met together
125 years ago and drew up the Declara
tion of Independence, actually were such
business failures as to do tho job for
nothing.
So far as we know Christ gave the
world tho sermon on the mount without
even taking up a collection.
But William R. Day is a man of the
nineteenth century. He is a patriot of
the new American school. He does not,
like the foolish heroes of olden times,
sacrifice himself to his country. He has
learned a better paying trick than that
—he sacrifices his country fur liimself.
How grand to think that, at last, in
our young republic, virtue receives its
reward! How inspiring to feel that
genius is appreciated and paid for, not
in mere fame and honor and affection,
but in cold cash! How patriotism will
henceforth bloom and blossom as the
lose!
My country, ’tis of thee,
Sweet land of liberty,
Of thee I sing—
Land where Mark Hanna rolfns,
Land where I grabbed my gains.
Laud that rewards my brains.
Gold is its king!
—H. N. C. in George’s Weekly.
SUPERIOR TO COIN.
A RESPONSIBLE GOVERNMENT’S PA
PER BETTER THAN GOLD OR SILVER.
Metallic Money na n War Measure.
It* Snpporter Loan Everythin**,
While I’nper Miowa It Unlimited
Power In W ar nntl Pence.
The concluding paper in the intensely
interesting and unusually instructive
series on “Napoleonic Finances,’’ from
the pen of ex-Congressman John Davis
of Kansas, appears in a recent issue of
the Omaha Nonconformist. It will be
considered good reading even by those
who have not had the pleasure of seeing
the other papers in the series. Mr. Da
vis’ “Concluding Observations” are as
follows:
In looking over the ground of the
foregoing discussions it will be seen
that Napoleon’s financial policy was the
most comprehensive and farreaching of
his temporary expedients. It enabled
France to treble tlie number of her
troops and thus to bring into the field a
million men, while the burden of sup
porting them fell upon the conquered
countries. This was a magnificent ex
pedient while it lasted, but when the
conquered countries were exhausted of
their specie it did not remain in circu
lation, but wqnt into hiding; hence to
recuperate his finances new conquests
were necessary. This drove him into
foolhardy enterprises, which were
charged up to his personal ambitions.
When conquests ceased, his finances
failed, and his downfall was certain
and rapid.
Let me now mention a marvel in his
tory. After the wars of Napoleon had
ceased, England changed from her vic
torious paper and adopted Napoleon's
vanquished metallic system. Alison’s
history (volume 14, page 172), discuss
ing the subject, says:
“By this means, (the paper system),
not only was the crisis surmounted
without difficulty, but 130,000 com
batants, with 40 ships of the line, were
assembled around Lisbon, which hurled
back the French legions from the lines
of Torres Vedras, and in the three last
years of the war, wiiile not a guinea was
to be found in England, all the armies
of Europe were arrayed in British pay
on the Rhine and the Pyrenees. * * *
It is lemarkable that this admirable
system, which may truly be called the
moving power of the nation during the
war, became toward its close the ob
ject of the most determined hostility on
the part both of the great capitalists
and the chief writers on political econ
omy in the country.”
l he hostility or the English capitalists
and the writers of the times toward the
victorious English paper system and
their advocacy of the vanquished sys
tem of Napoleon, though a marvel in
history, is now easily explained. The
great bondholders who had loaned to
the government cheap money during the
war desired to collect their interest in
costly money, far more valuable than
the money they had loaned. In 1807
British 3 per cent bonds were worth less
than half their value in coin or legal
tender paper. The bondholders now set
about the abolition of paper money and
the demonetization of silver, sc that
their bonds and the interest on them
should be payable in gold only. The evil
effects of currency contraction on the
nation and the people did not dis
turb the nerves of those Shylocks. All
they cared for was their “pound of
lush, even if it should drain the last
drop of blood from the industry and en
terprise of the people. In the same con
nection Alison argues the question as
follows:
Here, however, as everywhere else,
experience, the great test of truth, has
determined the question. The adoption
of the opposite system of contracting
the paper in proportion to the abstrac
tion of the metallic currency, by the
acts of 1819 and 1844 (followed as it
was necessarily by the monetary crises
of 1825, 1839, and 1847), has demon
strated beyond a doubt that it was in a
system of an expansive currency that
Great Britain during the war found the
sole means of its salvation. And if any
doubt could exist on the subject it
would be removed by the experience of
the disastrous years of 1847 and 1848,
during which, without any external
calamity and when at peace with all
the world, the mere abstraction of 18,-
000,000 of sovereigns to purchase for
eign grain * * * produced universal and
unexampled distress, and induced such
a convulsion in the country as reduced
the revenue, drawn with difficulty from
28,000,000 of souls, to £51,250,000,
and sent above 250,000 emigrants each
year out of the country, while in 1810,
under a far greater abstraction of the
precious metals, universal prosperity
prevailed and £67,144,000 was without
any effort raised from 18,000,000 of in
habitants, without any of them being
driven to seek their bread iu distant
lands. ’ ’ *
i There were two errors in the British
system of finances:
First. —The paper notes were issued
by the bank and loaned to the govern
; ment. This created a class of bondhold
ers who got their bonds at the mere cst
of printing and loaning the notes. In
stead of that the notes should have been
issued by the government and paid out
direct for the legitimate expenses of
the nation. This would have put the
fiotes into circulation without the in
tervention of the bondholders. TEe
notes then being in circulation and
money being plentiful the people could
have met most of the remaining gov
ernmental expenses by taxation.
Second. —Then if the currency circu
lating in the country during the war
had not been retired by converting it
into interest bearing bonds there would
have been no great public debt resting
on the industry of the people. These
wrongs in the management of the Brit
ish finances came through the mistake
of permitting an interested class of
money changers to manage the finances
of the country. They controlled the
issue of the bills in their own interest
during the war, and then after the war
caused the government to abandon the
victorious paper system of England and
to adopt the vanquisher! metallic sys
tem of Napoleon on which to rest the
bank paper.
These two blunder;! caused by the
great financiers, who “sustain a state
as the cord sustains the hanged, ’ ’ gave
rise to the present great national debt
of England and placed its ultimate pay
ment beyond the reach of the people.
Now’, as a lesson for Americans, it may
be stated that the same brigand spirit
and class interest which led the British
government to adopt the metallic sys
tem in England, after its failure in the
bands of Napoleon, is rapidly fastening
the same barharianism and its result
ing slavery on the American people in
the form of interest bearing debts and
“the gold standard,” which will make
the debts perpetual.
The reader of history who learns no
practical lessons from his studies wastes
his time. The one great lesson of Napo
leon’s career useful to commercial na
tions is this: No nat’en is safe in time
of war or prosperous in time of peace
with a shrinking volnme of money.
Not even the sword of Napoleon, backed
by the merciless barbarianisms of the
eleventh century and the most tran
scendent military genius, could reverse
this inexorable law* of finance. A money
of shrinking volume and appreciating
value congests in the banks and money
centers. If driven from those deposits
by the dangers of military brigandage,
it will burrow into the earth and be
neath stone walls to escape circulation.
The English system was better because
it was expansive, yieldirg quick obedi
ence to the military needs of the conn
try ; but the evils in the manner of its
issue and of its contraction after the
war should teach men the lesson that
the bondholder and money changer
should be eliminated from every sys
tem of finance. He is the same great
brigand now that he was when the
Saviour flogged him from the temple in
Jerusalem and that he was in Wall
street when President Lincoln said, “I
wish every one of them had his devilish
head shot off. ’ ’
The brigandage of the bondholder and
money changer is as fatal to commer
cial prosperity and human progress as
is the brigandage of the sword. It en
acts, changes, manipulates, and violates
laws in its own interest, and at every
turn of the scale and tip of the beam
the people are robbed. The brigandage
of the sword is noisy, furious and ob
literating, like the forays of wild beasts;
and Napoleon, the greatest of military
brigands, was consistent when he chose
the wild lion of the wilderness as his
model. The brigandage of finance is as
silent as the grave and as stealthy and
dangerous as the serpent; and the na
tion that heeds its seductive whisper
ings by favoring its schemes of con
traction, bond issues, and gold basis
will find itself outside of paradise, with
a flaming sword impelling its exit and
forbidding its return.
In writing this paper I have had sev
eral objects in view; G) that the real
character of Napoleon as a man may be
better appreciated; (2) that he cannot
be considered a safe model of financial
wisdom; (3) that his financial system,
in practice, proves itself to be the flat
test failure in history, and (4) that the
English system, though far better, was
administered in the interest of the great
fund holding financiers and not for the
benefit of the common working people.
If in doing this I have aided ever so
slightly in relieving the minds of my
readers from that spirit of hero worship
which is now being so industriously and
powerfully nurtured by the plutocratic
press of America, and if I have contrib
uted something to save my country
from the grip of that financial anacon
ila which stifles the industries and en
slaves the people of the old world, ai 1 j
is now vigorously attacking the new nn- I
der the delusive banner of “honest
money,” I have accomplished my pur
pose.
Vision Cleared.
Now that his wife’s money was gone
he perceived that her hair was undenia
bly red.
He was terribly am try.
“Why cl:d you not tell me of this be
fore?" he hissed.—Detroit Journal.
Ilnngins on It.
“I believe he anno’ need that he wad
going to depend on his head when he
left for the Klondike. "
“Yes; last 1 heard of him he was
dep luting from it.” Indianapolis
Journal.
The True Definition.
A bore is not the man who talks all
the time, but the one who doesn’t talk
at all, thereby depriving his listeners of
chances to be “reminded” of a story to
tell themselves.—New York Journal
ENO3H ARDEN IN REAL LIFE.
Couple Itrutiiu-d After Being Sept,
rate*! Fi.r it Number of Years.
Charlotte, N. 0 , l'eb. 15 —After
many years of separation, during w hich
each thought the other dead, Mr. and
Mrs. William Cross of this city hava
found each other, and today another
marriage ceremony was performed, bind
ing anew the two, already man and
wife, in the holy bonds of matrimony.
Behind these nuptials is an Enoch
Arden story in real life, not quite so pa
thetic perhaps as Tennyson’s famous
poem, because of its happier denoue
ment, but fully as romantic. Years
ago the husband, then but shortly mar
ried, was wrecked in the China sea. He
was rescued from a watery grave, but
carried to a living death in Siberia. And
his fortunes, for a long time, were casi
in that inhospitable clime. But, finally,
he made his way to America and be'
came captain of a steamship running
out of Now York.
In the meantime his wife, giving up
her husband as dead, removed to the
metropolis and opened a millnery estab
lishment. An accident at last threw
the two together. Recognition was mu
tual. and, as the old love had survived,
another marriage was decided upon.
Hence today’s ceremony.
STATE FAIR ARRANGEMENT.
A Committee of Atlantlans and Pops
Brown Ratify the Contract.
Atlanta, Feb. 15. The executive
committee of the State Agricultural so
ciety and a joint committee of At
lantiaus met in the Kimball House to
day at noon and formally ratified the
agreement reached two weeks ago be
tween Atlanta on one side and Presi
dent Pope Brown of the agricultural
society on the other, as to the holding
of the state fair here next fall.
This agreement, as has been pub
lished, provided that Atlanta was to
guarantee $lO,OOO to pay the expense of
the show, and that a directorate, con
sisting of a certain number of members
of the acricnPnrn.l snojotv and an equal
number of Atlantians. were to manage
the chow — tn-j agncu.i uial society’s
members to look cs’ ociallv after the ag
ricultural features, ana cue Atlautiauf
after the manufacturing exhibits.
Nearly all of the required f 10,000 has
been subscribed.
MAY GO OUT AT SAVANNAH.
liay’s iimiiuiies Likely to He Dis
charged at the Forest City.
Savannah, Feb. 15.—Colonel L. J.
Bellinger, the depot quartermaster here,
says that the Third immune regiment,
Colonel Ray’s, will be mustered out
here instead of in Macon, states
that his information from Washington
is to that effect.
There are two mustering officers here
now waiting for the Sixth immune regi
ment from Porto Rico, which will ar
rive on Friday and will be mustered out
at once.
The full machinery for mustering out
the men will be here, and be feels as
sured on that account that the depart
ment will make no change, but will
have Ray’s regiment mustered out here
also. He does not know just when the
regiment will arrive.
NEGRO RESISTS OFFICERS.
He Shoots Out and Is In Turn Himself
Fatally Injured.
Birmingham, Ala., Feb. 15.—Deputy
Constable J. D. Martin and an assistant
went to arrest Boston Davis, a negro,
in the latter’s house. Davis was charged
with assault with intent to kill his un
cle, and was considered a dangerous
negro.
When the officers entered the house
Davis had a pistol out, and shooting be
gan. Eight or ten shots were ex
changed.
Davis was shot fatally, four bullets
taking effect iu his body. Martin was
6truek in the back of the head aud seri
ously wounded, and a little negro boy
in the room was shot in the body and
also seriously wounded.
North Alabamian Suspends.
Tuscumbia, Ala., Feb. 15.—The North
Alabamian of this city, probably the
oldest weekly newspaper in Alabama,
has suspended publication. It was es
tablished in 1831, and for 25 years was
edited and published by the late Colo
nel A. H. Keller, under whose manage
ment its power and influence was un
equaled by any journal throughout the
state. The plant is yet the property or
his estate, aud for the past several
months has been published by John J.
Thornton, who has surrendered his
lease. It is thought the suspension is
only temporary.
Failed to Pay Her License.
Columbus, Ga., Feb. 15.—Mrs. M. E.
Levette, about 50 years of age and a
lady of intelligence and refinement, has
been arrested here charged with work
ing as an emigrant agent in Georgia
without paying the license of SSOO. For
some time Mrs. Levette has been iu this
section getting workmen to send to Ar
kansas, where, she says, she has large
farm interests. She has sent two or
three carloads of men west.
Early \ rgetables Damaged.
Jacksonville, Fla., Feb. 15.—Tho
damage by the cold wave in this state
was mainly confined to the early veg
etable crop. The injury to the citrus
industry is as yet merely speculative. It
is thought the orange bloom brought
out by the open Floridian winter has
been injured. It will require five or six
days to ascertain the exact damage done
the orange n;ees.