The Jackson argus. (Jackson, Ga.) 189?-1915, July 12, 1894, Image 4

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REPLYvTO AMERICA. Messks. Editors:—l noticed an ar ticle in your last Issue headed A, B, C of finance—written by one considera bly versed in tbo modern theory of finance. Also a notice calling atten tion editorially to said article, with a permission or invitation, “if we see a wrong statement in them to eay so.” With no sp : rit of ego tism, or anything ot that nature, I would say a few thingson the subject. Not mciely to differ or for controver sy, but finance is just now an all ab sorbing and impoi taut subject, and one of vital interest, and a ihorugh investigation of it in all of its bear ings is what we need to educate the people in the crisis before us now. “America” withholds h!s name, which is perhaps wise, as his reasoning will thus stand iipoa its own merits, hacked by no personal like or dislike, for ilie same reason I shall do like wise. “America ’ says lie desires to influepce the minds of serious and candid men, and to this end his argu ment should be supported by truth, ami proceeds to make the following assertion, “that the purchasing pow er of money is controlled solely by the quantity in circulation, and that the material of which it is made or the quality, has nothing to do with its purchasing power.” Here are two propositions declared—the first is, the volume of money is the only factor that controls the purchasing power, and ruters to different authors on po litical economy in support of his posi tion. Now, if “America” i9 the can did and serious minded man he wants his readers to be, and is willing to be inline.iced by the importance of the tinth will doubtless recoil when be considers that other factor, which controls the purchasing power of money, viz.; The supply of the com modities to be bought, and tins is what all the writers on political econ omy declare. Other things being equal in that event an increase in the quantity, or a reduction in the volume of money, does alfect its purchasing power. What do they mean by other things being equal ? Why, of course, other articles to be bought with the money, lake lor instance the com modity of cotton, the amount raised invaiiably basils influence on the price. Suppose for instance that we will make this year iiye million bales ot cotton, and the volume of money remains the same as now, cotton will be higncr than it would be if we were to raise ten million bales, and so of any and all other commodities. You can, and do by increasing the supply of any commodity, lessen thedemand, and diminish the price. and vice versa, 'ibis is deue notwithstanding the quantity of money remains the same. This being the case and it is the universal experience of cottou raisers. Now can “America” assert that the imi chasing power of money is controlled solely by the quantity in oilculation i Let us not be oblivious to the fact that the law of supply and demand applies to the product hs well as to the money. The second propo sition that the material of which money is made has nothing to do with its purchasing power, I think is in correct aud not a sound basic princi ple. I grant in the outset that a gov ernment with great metalic wealth, with yast productive capacities, the products being the absolute necessi ties of life, could issue its bills of credit, predicated upon the faith and integrity of the government for the redemption of such paper currency. So emitted would be good, provided the issue was limited within the sol vency of said government. All will admit that the issue would have to he limited and convertable. Brazil is the only government in the known woild, so far as I know, that has an nieou trovertablq, currency, and a short while ago she increased her circula tion to 30,000,000, and her exchange, fluctuated 25 per cent. Why did it depreciate in value if the material ot " is IMa d* had nothing to do with its purchasing power, or to be more pointed and helpfully practical why limit the issue ? Why not thU government print its legal tender treasury notes to the amount of SSOO per capata, or coin iran or steel into dollars so that we could all have a bountiful supply. Jhe reason is obvious—the paper, Kion and steel do not contain the value requisite to make money. So we must conclude that the material of w mone y is lo be made must be piecious and contain value per se, cr at least must he so estimated. That is it must requiie a dollar’s worth of labor to obtain it. On this proposi tion I am supported byi.be recognized " i,Jom °f the world in all ages. From Abreham down to the present time, the two precious metals have been considered suitable to make money of because of their inherent value, so all the world except Brazil uses gold and silver as money materials, aud when such valuable material has re ceived the stamp of the government, the dollar ts made and called standard money. Other currency may be issued redeemable iu the standard, or the volume of coin both gold and sil \er may he supplemented with paper currency redeemable in either. Summing it all up I must conclude that moDey is made of something valuable within itself, or must reat upon some value, said value con vertable into real mney. The idea of making money out of nothing is a vagarj, a delusion, it it were not sj our government and all other governments might issue it to an unlimitable extent, py the public debts and the subjects pay all of their private debts, and be as rich as an eastern gold bug besides. What an absurdity and govern mental blunder to incur a national debt, with its accumulating interest oppressing the people with high tax, when on the 6ound principles of politicsl economy and progress ive statesmanship *we can make money of any material. John Law, who appeared in France in 1716, just after the death of Le wis XIV., and prevailed upon the regent to inaugurate the wild visionary scheme of enriching that government by the increasu of her circulating medium predicated upon the entire wealth of the nation as a basis for the almost illimitable issue of the notes, and made millionaires of the subjects and bankrupted the government in the short space of two years. John Law himsell died a pauper in Venice, doubtless with millions of it in his pockt--real izing but too la'e ‘hat the material of which money is p*ade has much to do with its purchasing power. Let us hear from you again, Brother “America,’' Vours in hope, Columbia A REPLY TO MR. STUBS. Editors A buds: — I saw an ar ticle in your paper headed County Lino and signed by kjtubs upon which 1 wish to make a biief reply. Mr. Stubs said that be beard a man say that be heard Tom Watson speak and was the best speaker in the world and ho would like to vote for govern ment ownership of railroads, and Mr Stubs said he thought that was the weakest thing be ever beard smart men get up Stubs objection was that if the government own railroads he could not take stock in the railroads as be could in land and mules. I guess Mr. Stubs thinks the gov ernment treats him bad when it will not let him take stock in the post office department and won’t Jet him sell liquors anywhere and without license, Why, because the government sees that it is not for the good of the people to do that sort of business so it is the same way about the railroad. Tom Watson thinks as Thomas Jefferson thought that the jublic highways ought to belong to the people and not to corporation and to syndicates, there are already some countries owning railroads and running them very suc cessful where Hie railroads in the United States charge on the average 2 cents per mile in those countries where the government own their rail roads they will carry you for on the average less than one cent per mile, in the United States out of every 30 men they employ they kill one, out of every 3,000 passengers they kill one. In those countries where the gov ernment owns the railroads they em ploy 200 on the average before they kill or wound a single one, they carry 15,000 passengers before they kill or wound a single one, and they will carry your freight as cheap according ly. Mr. Stubs the government own ership of railroads is not as bad a thing as you think it is you study this questiou and I think you will change your mind on this subject. Mr. Stubs said this country was iu a bad flx but that old cotton was the causeofit and it seems that we will have to root hog or die poor, Mr. Stubs If over production is the cause of the hard times you had better root less and die rich Mr. Stubs you in vestigate the cause and you will see that your conslruclion is wrong over production never hurts a mau but on the other hand he is blest, if a man cau make ten hales of cotlou and if he can increase so as to make twenty lie is not hurt, if he cau make 100 bushels of corn and cau increase so as to make 500 he is blest not hurt. Mr. Stubs what do you think of the western farmer whose fix is worse than ours; would you tell him tha' old corn, meat and wheat is ruining him. A man cannot raise too much previsions when there are thousands of people starving lor the want of it, nor raise too much cotton when thous ands of people are half clothed it is not over-production of cotton, corn aud other products but the non-pro- duction of mouey when there is big production and little money to buy it with he is obliged to accept a small price for his production. Mr. Stubs when we get free coinage of silver and a pleuty of money issued and stop the extragagauce of our law makers, and the pensiou frauds and abolish national banks aud give us free trade aud reform iu e\ery line you will see that when you make a heap you are blest and not hurt. Chas. L. Redman. KNIGHTS OF THE MACCABEES. The state oommander writes us from Lincoln, Neb., as follows: “After trying other medicines for what seemed to he a vary obstinate cough in our two children we tried Dr. King’s New Discovery and at the end of two week* the cough had entirely left them. We will not he without it hereaftei, as our experience proves that it cures where all otner rem edies fail.” —Signed F. W. Stevens, State Com.—Why not give this great medicine a trial, as it is guaranteed and trial bottles are free at R. G. Tryans’ ■drugstore. Regular size 50c, and sl. THE POPULISTS. The populists try to fool the people iu this style: They say, ‘"The times are hard.” Well, yes, of course they are, we all admit that. “Well, something is wrong with the government.” Yes, ] that’s true. “There is not enough money in circulation, and we want the silver coined.” Tliat’a right, we do too. “Well, why don’t you join our party, then ?” Now, you have come to the point, Mr. Populist. The reason we don’t join your party is because there is no sense in doing so. You never have, and never can show any reason why the people of the South should diyide. You wliiue in one breath that iu unity there is strength, and in the next, you call on j us to divide and grow strong. A man whom you called mean in the demo-! cratic party is good when he joins your party. You appeal to the lowest class of our country for help, instead of the best. You ask the negroes to uomiuate your candidate and the white folks to elect him. You call for an unlimited supply of money and admit that the unlimited function will destroy the money itself. You are appealing to prejudice instead of reason. These are some of the reasons sensible, thought ful men will never join your party. TO THE DEMOCRATS OF MARSHALL COUNTY. The Democratic Executive committee of the county has honored me with the nomination for superintendent of edu cation. After accepting the same, I place myself before the public, and ask the support of all who are interested in the cause of education. I will assure the good people of this county, if elected, 1 will do all I can for the advancement of the cause we all love. Respectfully, J.W. Titaxton. We clip the above from the Marshall County (Ala.) News because Mr. Thax ten is an old Butts county boy and all of his people live here yet. The editor of the News says of him: “John is an enthusiastic young democratic, full ofj energy and as straight in principles as a shingle. He is worthy of the support of every good citizen, and lie is competent to discharge the duties of the office.” He can not be any better democrat or better business man than his brother Reese who lives in our town. AN OLD DOCTOR’S FAVORITE. Dr. L. M, Gillam, who practiced med icine over forty years, originated, used and claimed that Dotamc Blood Balm, which has now been in use for about fifty fire years, was the best tonic and blood purifier ever given to the world. It never fails to cure the most malignant ulcers, sores, rheumatism, catarrh and all skin and blood diseases. Price per large bot tle SI.OO. For sale by all druggist. NOTICE!! NOTICE! NOTICE! These are Some of the Prices -YOU CAN BUY DRUGS OF- W. L. Carmichael Call and get prices of other goods. S. 8. S. small per bottle 68c, old price SI.OO. S. S. 8. large per battle sl.lß, “ “ $1.75. Rocs’ Liver Neuralgia and Rheumatic cure small 35c, old price 50c. Rocs Liver Neuralgia and Rheumatic cure large 68c, “ “ SIOO School Crayons per box sc. old price 10c. Note paper, good, per quire 5c “ “ 10c. Envelopes per packedge sc, “ “ 10c. Green’s August Flower, good for dyspepsia, 45c, old price 75c. Boschee s German Sirup for croup 45c, old price 75c. Lawrence’s Liver Midicine large 35c, old price 50c. Lawrence's Liver Medicine small 13c, “ “ 25c. Porous Plasters 10c, old price 25c. Fills per box 15c, old price 25c. McLean’s Strengthening Cordial small 35c, old price 50c. McLean’s Strengthening Cordial large 08c, old price $1 00. Sarsaparilla per bottle 65c, old price SI.OO. Sarsaparilla “ •* 50c “ “ 75c. McLeun’s Liver and Kidney Balm 68c, old price SI.OO White Oil Liniment 33c, old price 50c. Iron Tonic 67c, old price $1 00. Certain Catarrh Cure always on band. W. L. CARMICHAEL. We are Still at the Bottom. Don’t Forget the Place ! R. 6. BRYANS & CO. Iron Tonic. 40 & 60c. Regular Price 75 &100. Castoria 25c. “ 35 Cough Syrup 12. “ 25 Wine Cai-dui 66. “ 1.00 Kendal.s Spavin Cure 66. “ 100 Simmons Liver Regulator 15. “ 25 Black Draught 15. “ 25 S. S. S. 67- & 1.16 1.00 £ 1-75 Mother’s Friend 1.05 *• 1.50 P. &W. Morphine 30. “ 50 Sarsaparilla 71. “ 100 Pierces Golden Med., Dis , 71 “ LOO “ Favorite Prescnptiens69„ “ 1 00 “ Pellett’s 15. “ 75 Bradfields Female Regulator 69“ 100 Aletris Cordial .69 “ 1.00 Peruna .71 “ 1.00 Pills .15 “ .25 Cuticura Soap .18 “ .25 “ Salve .40 “ .50 Browns Iron Bitters .71 1.00 Soothing Syrup ,18 “ .25 Bradycrotfne .35 “ 50 Brewers Lung Restorer .66 “ 1.00 McGill’s Orauge Blossom, our price 65cents, regular price SI.OO. Dr.Miles’ Nervine 65c reg. price $] Dr. Miles’ Blood Purifier, 65c, regular price, $1 00. R. G. BRYANS & CO. MACEDONIA. We, in company with that staunch old democrat, Mr. J. R. Bankston, went to that historic old church by the above name on last Sunday. The size of the crowd was astonishing, that large house was filled to oveiflowing. We noticed several Jaoksouites there, among whom was Judge Harkness, who, fifty years ago was a member of that church, and who then lived where Mr. John Barkley now lives, and would take bis good wife up behind him on the only horse he owned, and attend church once a month at that church, a distance of six miles, and to our surprise. Mr. Will J. Jolly dashed by us in a fine turn out with one of the prettiest girls we ever saw, in the buggy with him. Everything moved off quietly, except a few thoughtless fellows propped themselves up in other people’s baggies and tried to kick off the dash boards. It’s leally strange that a man will take possession of another’s buggy without his cousent. That Grand heralder of the gospel, Rev. J. A. Jackson preached a noble, practical sermon on “Home Life,” which will do this world good after he has been dead a thousand years. Stark is the prettiest place for a town in the known world, and they only lack one thing now of having the prettiest town in Butts couuty—and that is the town. THE DAILY PRESS. Is a daily paper published by Hon. T. E. Watson, whose versatile pen and in exhaustible wit will certainly make the Press a readable and instructive sheet. Of course, all the populist brethren should take it and we commend it to the democrats for there is food iu its col umns for all thinking men. We wel come it on our exchange list, CAN YOU WRITE?- If you can we will give you a FOUNTAIN PEN FREE. Carried in pocket. Always ready for use. The holder is of hard rubber perfectly formed and ffni-lied; The Feed is of the most approved pattern, (the same used in a pen costing $2 00,) insuring an even flow and no leakage. The point will write and last nearly as long as gold. Each pen Is billed with the best ink and tried before sent out. NOW FOR THE PLAN. •Send us 25c in lc and 2c stamps or silver, for a halt year’s subscription to Virginia, a beautifully illustrated , 24 page monthly magazine, with excellent infor mationior the office parlor, bedroom, din ingroom, kitchen, farm and garden, with just wit and humor enough to drive away \he blues. Don’t put it off but write today and you will have both the pen and magazine promptly. Address. VIRGINIA PUBLISHING CO., RICHMOND; VA. Mustang Liniment 18 36 &71 for merly .25 .50 & 1.00 Best Nhoe Polish .7 .17 18. “ 10.25 Felonias Cordial .61 “ 1.00 Royal Germature .70 “ 1.00 Sulphur Salts & Copperas sc. Davis Pain Killer .19 “ .25 Lemon Elixir .39 & .69 “ .50 & 1.00 Best XXX Envelopes .5 “ .10 Huckleberry Cordial .19 “ .25 Electric Bitters 41 “ 75 4oz Vaseline 5 “ 10 St Jacobs Oil 26 Household Ammonia 10 “ 25 Allcocks Porous Plasters 9 “ 25 Strengthening Plasters 8 “ 25 Belladonna “ 8 “ 25 Capsicum “ 8 “ 25 Parkers Hair Balsam 35 “ 50 Teethina 18 5O Radways Relief 36 “ 50 Syrup Figs 36 &69 “ 50 4 1.00 Raw Linseed Oil 60 Boiled 63 Dr. Miles’ New Cure for Heart, 65c, regular price SI.OO Dr. Miles’ Restorative Tonic, 65c, regular price $1 00 Dr. Miles’ Pills, 15c. Is as safe and harmless as a flax seed poultice. It acts like a poul tice, drawing out fever and pain, and curing all diseases peculiar to ladies. “Orange Blossom” is a pas tile, easily used at any time; it is applied right to the parts. Every lady can treat herself with it. Mailed to any address upon re ceipt of si. Dr. J. A. McGill & Cos. 4 Panorama Place, Chicago, 111. Sold by DR. W. L. CARMICIIEAL. j —FOR THE HEALIXG OF THE NATIONS— * Ifßotanic Blood Balms f m THKtiRKAT SOUTHERN KEHEUY EOK 3 ||w) All Slcin and Blood Diseases | 'Lit purities, builds up and enriches 3 the blood, and never fails § K Jto cure the most inveterate 5 Sf blood and skin dis- I EASES, if directions are fob s ft I lowed. Thousands of grate* 2 : —4 ful people sound its praises* and attest its virtues. for Book of Won- g derful Cures, sent free on ap- s U plication. If not kept by your local druggist, * send SI.OO for large bottle, or $5-ooe for six bottles, and medicine will be gt sent, freight paid, by * BLOOD BALM co., Atlanta, Ga. S . turn i The War is Over. A Well-known Sol dier, Correspondent and Journal ist Mai es a Disclosure. I ncliana cent rib ated her thousands of brave soldiers to the war, and no state bears a bet ter record in that respect than it does. In literature it is rapidly acquiring an enviable place. In war and literature Solomon Yewell, well known as a writer as "Sol,” lias won an honorable position. Dur ing t lie late war he was a member of Cos. M, .’d. N. Y. Cavalry and of the 13th Indiana In ant ry Volunteers. Regarding an important ircumstance he writes as follows: "Several of us old veterans here are using Ur. Miles’ Restorative Nervine, Heart Cure uid Nerve and Liver Pills, all of them giving splendid satisfaction. In fact, we have never used remedies that compare with them. Of the Pills \tc must say they are the best com bination of the qualities required in a prep aration of their nature we nave ever known. We have none but words of praise for them. I'hey are the outgrowth of anew principle in medicine, and tone up the system wonder fully. We say to all, try these remedies." —Solomon Yewell, Marion, Ind., Dec. 5,1882. These remedies are sold by all druggists on a positive guarantee, or sent direct by the Dr. Allies Medical Cos., Elkhart, Ind., on re ceipt of price, $1 per bottle, six bottles $5, ex press prepaid. They positively contain neither opiates nor dangerous drugs. For Sale by W. L. CARMICHAEL and R. G. BRYANS & CO. Fon f MytemL >£ostivene ss dyspepsia / \ Sick op Indigestion N&nvous p' in ,' r A MBwM / HEADACHE. Biliousness \ JjHagrk J jA UND ice Sourness os'&BsfflgwMWJLoss or Stomach WW Appetite None Genuine Without The Likeness And SIBNATURE OFM.A.THEOPORO ON FRONTOF Each Wrapper. M.A.Theoford Med.(° Rome. G a . 444 > THE STANDARD. ♦ If DURANG’S j llßheumatid Remedy! ♦ 4 4 Has.sustnined its reputation for 18 years A i > as Being the standard remedy for the 4 i ► quick and permanent cure of Rheuma- A < ► tism, Gout, Sciatica, etc., in all its forms. 4 Olt is endorsed by thousands of Physi- 4 i ► cians, Publishers and Patients It is 4 i ► purely vegetable and builds up from the 4 < ► first dose. It never fails to cure. 4 < ► Price is one dollar a bottle, or six 4 < ► bottles for five dollars. Our 10-page Pam- 4 < ► phlet sent Free by Mail. Address, 4 ;; Ourang’s Rheumatic Remedy Cos. | < ► 1316 L Street, Washington, D. C. ♦ | Durang's Liver Tillsare the best on 4 ] ' earth. They act with an ease that makes 4 ’' them a household blessing. . ! PRICE 25 CTS PER BOX, or 5 BOXES FOB $1 ? ] \ FOR SALE BY DRUGGISTS. T ♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦ tWHat Nerve Berries have done for others VIGOR MEN Easily, Quickly and Permanently Restored, both day. A Positive cure for all Weaknesses, Nervousness Dcbihty, and all their train of evils resulthfr oVovMwuJk™!* t- nd later ex oesses; the result 01 ®icltnepUß, worry, etc. DeveloDa Md gives tone and strength to the sexual oe2 B*®** Stops unnatural losses or nialillv emissions caused by youthful errors ore* °, f opium e a~”^noi which lead to consumption and Inaanltv no e imH S ftmn W V^ 11 Tt ediateil ? proveraent - Accept no Imitation. Insist upon having the genuine Nerve Berries, trea^mint > K C m ii °° Per i’Pfj, B * l boxes, one full treatment, $5.00. Nnaranteed to cure any ease. you t d / u ?F 4s t we Will send them by mail, upon receipt of price, in plain wran. w mlnsiw^ dreßß all “Ml orders lo AMERKAN MEDICAL CO., Cincinnati, O. For sale by j>r W l. Carmtehael* King of all Absolutely Bicycles. the Best. Light Weight and Superior Haterial Rigidity. Every Ma- fj '- and Scientific Work chlnefully warranted If _ -11 manship. . . Highest Honors at the World's Columbian Exposition. Send two-cent stamp for our 24-page Catalogue— A work cf Art. Monarch Cycle Company, Retail Salesroom. 380 Wabash Ave. Lake and HaLsted Sts., CHICAGO, ILL. MALLARY BROTHERS & CO. IMIaocxTZL, G-eorgia. REMEMBER WE ARE STILL HEADQUARTERS FOR Engines, Etta, Sav Mills, Mi Sits, Eras, AND EVERYTHING ELSE IN THE MACHINERY LINE. Please do not be persuaded into buying anything in our line before writing 11s for prices. MALLARY BROS. & Cos, MACON, GA, FANCY GROCERIES! E. G. GILMORE & HENCELY, May's Block, Next Door to Livery Stable on 3d Street* Everything kept fresh, neat and clean, and the ladies are especially invited to call on us. W keep country raised potatoes and onions, in fact, all kinds of country raised Vegetables. We deliver all goods free, and orders are promptly filled ii a business-like manner. Ice cold, non-intoxicating drinks of ell kinds on hand at all times Pure coacocolaon hand all the summer, as good as can he found. Our country friends are also invited to give ns their trade and we guarantee to please them. GILMORE & HENCELY. Jackson, Ga., Eeb. 8. 1894 ®MEPHISTO RING 260 New and most aatonlshlng op tical Illusion and a BbaOTUTL IMGEB Rim Hade of two twisted bands or Rolled Gold and Silver. Turn It—the bands appear to parti Lay It down— they seem to fall apart If Inspect It—you nave a per fect ring!!! All the rage-, over 1,000,000 sold in two months at 75c. We send sample with large catalogue, for 85cents postpaid. 1 Dozen *2.00. INSURANCE WATCH CO., I*6 8. Belated Street, Chicago, lIL §lB KARAT OH GOLD PLATE vPI.UU CIT THIS OCT and send It to us with your full name and address and we will send yon examination. £ guarantee for * years sent with it and if yoo find it equal to watches sold everywhere at $4.00 to SB.OO and far Setter than ever advertised before and the grandest bargain you ever saw or heard of, pay express agent $1.99 and express charges and the watch is yonri; dost case, the movement and Mem Set, finely jewelled j>™*'*nieiits and warranted the appearance to a genuine solid gold watch. Write to-day. This offer will not appear again. Ad- i r *“ INSURANCE watch CO., 126 Halsted Street, roii oil theie principles CONTRACTORS NOTICE. Any pfrson wanting firsc-olas~ work, by a workman of 20 years experience in atone or bri< k, such as dams buiit, blasting, where dyna mite is used, or in all such work as ock houses or piers. Call on G. W. Watkins, Deol-lyr Jackson, Ga. ..THE.. ELDREDGE I “B” A strictly high-grade Family Sewing Machine, possessing all modern improvements. Guaranteed Equal to the Best Prices very reasonable. Obtain them from your local dealer and make comparisons. ELDRED6E MANUFACTURING CO. BELVIDERC, ILL. " 11U Harp sells fresh meats of all kinds. You can get NICE SUNDAY PANTS at 76c up to $5.00 at COHEN’S,