Newspaper Page Text
A SHEET GIVEN TO NEWS AND COMMUNICATIONS FROM WARREN COUNTY
WABREN-WISE,
%
Notes G1 eaned By Our News
Gatherers.
(Warren News not in time for this
page, look for’t on first page.)
THE INVERTEDPYRMID
J. GILMORE: IN LIVING ISSUES
Many persons, particularly b.ankors a *J
there (s an abundance ot money. They
aay It so often th-*y really b. liero it.
•
IT. S. abstract 14, page 48, gives the
condition of the s.irings banks of the Unit¬
ed States. It shows that the savings
bank* owe tlieir depositors $1 654,826-
142, and that they hold in cash only
$29,720,437, being about 1 3-4 eta. on
the dollar for each dollar ot dcpsdt*.
Are the depositor* safe with this ex¬
tremely limited amount «t cash In their
veahaf
Comptroller of the Curreuey, R*kle*. re¬
port* that oo the 4»h of M*y 1893, all
the national banks ot tbo V it ‘d 8* a tes
held uf d-poait* $1, 763. 882,800, and of
cash and demand o- treasury only $322,-
840.996, alwut 14 t-2 cents on the dollar.
Y ft Comptroller Ecxlos dilates u|h»i» the
recklcse banking of California. He also
gives In bis rrp»rt of May 4 1893, as pub¬
lished tu the Amsricsn U-ulr-r of June 17
that ail tba uatfoual banks til *b» great
city uf Chicago bold only la go!tl coin
cud gold asrtifleates as fallow*:
Gold coin.... .. $144,014
Gold certificates • *** seat•••• . 45,184
Total coin and certificate*....$139,201
Also, that all the n.»tinnal banks of
Qahforuia 49 in number, {where gold coin
la ao largely nsudx h-dd «tV of g W “du
and gold certificates as foilo*'*:
Gold e->tn...... »•••••• .....$2,497,93
Gold certificate ..........29.490
Ciin and oeitificate* • • • • • ...$2 526.420
H-.-re •» a stupendous fr.i i lub ut g ild
bast* fur the btiudruJ* <»t iiiilliuus of dol¬
lars indebtedness payable in gold coin
The Bulletin of Ssn Fraucisco publish¬
ed tho late statement of the bank com
tni*aioners of California.* It showed
the Saving bank of San Pra-id-co owed
depositors alnut $110,000,000 deposits
and they hold in cash abmi $2 340.000
about 2 1*2 cent* on tho dollar on each
dollar of deposits.
1 aak, in ail can lot whore is that "ful I
•apply of mon«) f ’’ It is not in the banka
Because they are failing to pay thei r de¬
positors while iu many i .stance their
assets ere double their liabilities* It ia not
In the hands of the former*, because m
many localities the crops will be partial y
(net for wmt of m>n*y to pay the
labor to save them A gw Knwiaco pt
per stale* that much sjrnn is l-ft a* mi ling
In the farm* of ti e great S ii J -aqu n
valley for tho w uit ol needed aioucy to
aavt it.
The people of the Hiii ted S ite, are suf¬
fer! ig now from a calamity of rsst pro
p>rti<>us caused by the far too limited
volume uf money. It Has been brought
about by the retiring and contracting of
about $200. 900.000 national bank nofes
daring the past few -enrs and the exporta¬
tion of about $210,000,000 net gold since
Jane, 1888 up to July 1693, making
about $400,000,000 withdrawn from the
channels of trade. Bui some »*y that
our government Iras return- i ab.ut $100
000,000 in United Sia *» noTee issued L'r
the purchase of 4.500.U00 ounces silver
bullion every mouth under the law of
July 1890, Well, suppose it Thera
hoeUea aa increase ia oar iv.pulaiwa
■early 8,-900,090 who aeed $109,900,099
te he piaeed la the chonueU of trade to
mmf ■ .l hm psospwows. ______
But the itpul of this law of J»ly 1890
Bader which $U0,O»JO.000 Cait ii Si-In
notes have g»ne iuto rircuiatiim is -ie
Bun-l«d by ih- presi leot 4 cocg-e** at
this »r**iou. if MMMAl thu will
all ii rnase m-itwy.
HE VilBEH COUKTY POPULIST
(Continued from Greene County page)
Many picture* impressed tbemselve* on
my memory but I will muntion only one
in particular This picture represent* a
knight of th* middle ages lying in death:
He i* clad in full armore Hie *wor«l is
placet! on hisbreist. By bis side sit* a
large dog. The dog is caressing his dead
master's hand, and one can almost ima
gins that tho dog is saying. “Why does
he not notice rue?” Tho simple words,
‘At llest" ere ben rath the pctiire, The
painter hail a wonderful hand who could
get so much into a picture.
The electricity bnllding is Interesting to
one who wishes to learn the uses to which
electricity has been put. To tho electri¬
cian these rxhibit* ( while demonstrating
whst marvelous progress there h»s been in
the last fif'een vsars, show that electrical
development hje a w« nderful career before
it. Att the electric lights snd power used
at the exposition are produced by eompet.
iug exhibits. The -Edison eleeirlc lower*’
is a tower about twenty tiv* icet In
height. At night it la a solid mass of
light*, as it were. The butt in that Cleve¬
land pressed Msy ! to start ths machinery
at the expoeltioo ie shown in the electri¬
city budding.
The nations generally make a Urge dis¬
play of their big guns. I guess thcro was
a special reason iu ibis. Illustrate, Ths
morn bar* of the German government put
their heads tog ther, and said. Let u*
s«nd over to America our heaviost and
most Improved guns, s- that the people
w m |n> Vl tra prepared lor war
end dread U*." I saw seversi plates of
•t.*1 that w*re nstsl as targsta la •xpctl
'iiautiug with th# UttS, heaviest cannon.
The missile* discharged In mi the guns
penetrated fifteen or sixtci n tnehes Into
the target.
ITo bo fuit'uuod next week.)
r
LOST
A largo amount of Money is lotrt an
nualy by parties purchasing worthless
fruit tree* mm and ote. Get them from a
firm (hat gr «w# their own treo«, sends ent
nothing but gud a'lKk aud sells a* rea
sona'de price*, W’o want the address o(
every farmer or gardener in your sect ion
aud will make you a libcnl offer, write
lor particular* and pi ices at once, send
stampfor descriptive V .ufogue. Agents
wanted everywhere.
Address, Cbcr.'chec Nursivy C*.
Way c'e«s -Ga.
THE M’aY.
If you want to bo posted on wbal your
Oongrouswn and Senators are doing in
the Ax.ra Session, you c-u caeh week
have th, official raconl placed before you,
tho exact words as uttered by the Sena*
tors ar.d Representative* on the floor
both Houses, by sitbscribin: to the Nat*
ional Watchman, Washington. I). C.
It is only 60 cents per year and cornea
oat weekly- 7he Pmcwdiiig* of Congress
ns given c»n l»e depended «n es correct
as the) are an rx ict eopv taken Iro.n the
(7>iigresa.ioiial Kccurd.
Send in your name with as many
other* as you can.
Be.sure you aldiess your letter t>
S A riON A L WATCl 1M AX,
14 U Sire.-! N. W. Washington. D. C.
udixatf for I'Korir
BT aTTBHUIHO
MOOKE'9 RUSIXENK U01.f.E<ih
ATLANTA «A,
A Ul«h Grade Business Training school
Have placed aver MOT stride. - t* ia bus
Tne best bu-tnese and shorthand
Morse In sxIsUbm the etly scuool la
the south conducted on the actual
e*t plan students enter any time send
for circulars.
SUBSCRIBE
1 B. IHIIIR
Tito I^ivo And Progr jisHivt* Meroliawt
'N
«,{- —
K EEPS EVERYTH l NG FOR TH E PEOPLE!
Three immnese -Stores, Many department*, New and velvets, styliah
goods, dress goods, tlre.ss ft ilka, trimming silks,
passementeries, gimps and all the latest trimmings etc. t <om
plete line of staple and domestic dry goods, cawsimere. jeans and
woolens.
ISoMt ShooHtook In The State.
Can fit any body that wears shoe*, my dress shoos for la¬
dies, gents and children cant be excelled, also an iinmeae^ stock
of the solid plainer sorts, I oomJu *t n genta Clothing L arlor,
always fiillea with stylish tailor fit clothing, carry al! sorts
and sizes fitting any size or shape.
Grand Htook ofFariiituro ^to.
A full line of Groceries, Rubber beltiug, Press ropes, Heavy
and fancy groceries. Hardware and Guns- Magnificent Stock
of white //ickory, Oweusboro Ky, and other wagous, First
buggies, road carts, Vehicles of all kinds, gear, saddles,
etc.
My GoodH iiri? all rimt Cl a-«.
r- r
My prices are always reasonable; prompt and polite attention.
Favor me with a call and write for prices <' Truly y<»urs.
•
QUICK TIME
mow the
SOUTH" CHICAGO
tv. JACBMNVIULB, *. V. • w. * • SKSISl
M. BBVN4WICB, B. T. V. A Q.
tv. jEtvr, • » aa » !•
tv. MACON, • • >i ■■ I| 4
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CINCINNATI, ** ' # • mmn So 4*
Ar. rot/* CK.SD.
tv. CINCINNATI, * . bio • • SMsc-oa. ie i* p.
AT. CBICAOO, • M 14Mb M • *o
St=
ft WOf^L©*3 cKAmS^ XX Car to Cwicaoo, without *As*r» Ae Si****! vestibule* *b—rvsi to* coses f*
04**eteff A ^:^r:r
to. ^ far. L N.’.phie~3 £&*} 2 ££?S £2 Eo. **., V r«W.'W*. JISoH!!TI - 0 fL
U« Wee,.
MBITS OB * li, t OB aay BeSet *#*»« •# the S. T. ▼. A O. My„ •» sllrsa^
B. W. WREMff,«. f, it, KNOXVILLE, TIMM.
WHAT W'E AllE
UP TO.
Anu We Want To Put You
Up To The Seme
Thing.
Hi icily, we want to make
the Advocatb a Nineteenth
HenatoHftl ('rg*n. To under
bland onr purpoie juHt imagine
that the 19th district wad only
one large county. The Advo¬
cate is the only populint oigau
in this dittiiff. Now we pio*
jiose to print the news of every
community in tho di«trlet. li»
gidtjft (jiveyou the news of the
world And al*»o ntraigbt, *‘inid
die of the road' 1 political nutt
t«r
m Therefore, in taking our p«
jier you jfit tho news of your
county, 4 th« .'adjoining
ty and Biiat is better still you
huiki up an organ whose polit
j cal "cut.aientft ate yours ami
that is fighting in vour cause.
8ul»ocrttie, AdvcKia*.
SOots
Lt
" Advertise mind snhsnrma IMP
THE PEOPLE’S ADVOCATE.
0N“ PflPllLlS'l‘ PAPER IN THE NINETEENTH SENATURIAL DISTRICT
Take tie ADVOCATE aid get
the NnWg r i of Taliaferro
and warren
Countios.