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JEWELER.
DIAMONDS
telephone tda.
•our entire stock
THE AMERICUS DAILY TIMES-RECORDER; SATURDAY, AUGUST 1, 1891.
Shoes for Young
SfliSs for Old!
Shoes for Rich!
Shoes for Poor!
STATE BAXKS
LOOK
AT
YOUR
SHOES!
AS A SUBSTITUTE FOR THE SUB
TREASURY SCHEME.
View, of Some of Our Financier, ou the
Propo.itlon—Might Be Ju.t the Thing,
In the Estimation of H.nj-Other. Op
posed, Fearing the Consequence.,
—THE-
Great American eagle’
SHOE STORE,
119 Forsyth St
Has just what you want.
A Sweeping Reduction
will be made 1 on all Foot-Wear
purchased of us in the
Next 30 Days
In this Sweeping Sacrifice Sale
unpreceedented bargains will be
offered on all LOW CUT SUM
MER SHOES, ondjwe expect that
the announcement of this sale will
"Sweep the Town!”
We are not after room as most
merchants would say—but are AF
TER MONEY—room wo have
enough—but ore SHORT ON
MONEY.
If you want to know what we
mean by a SWEEPING Reduc
tion, come to this
30-Day
and you will find the Largest and
most varied' stock of shoes ever
offered in Americas and at lower
prices than are obtainable else
where.
the name-
STQRE.
Forsyth St.
AMERICUS, GA.
N. B.—No goods charged at
these cut prices, but will be charg
ed at our regular prices.
JOHN R. SHAW
The recent debate between United
States Senator Butler and President
Stokes of the Alliance, during which
the Senator advocated state banks of is
sue as “something better" than the sub
treasury bill, has given rise to consid
erable thought and discussion In the
south, and set many of our people to
thinking. t
With the view of finding out what our
own financiers and business men thought
about It, The Times-Kecoiideii had a
talk with several of our citizens on the
subject.
“In ray opinion," said a well known
banker, “it would bo' just the remedy
for the existing financial squeeze. But
I would have a different system from the
one in vogue forty years ago.
Under the old state banking
system the only security the holders of
this paper money had was the cash in the
vaults of the bank. All that was neces
sary then for a party to start a bank was
say #100,000 capital In gold, for which
security lie was permitted to issue #300,-
000 in paper money. In many instances
banks were started with the best inten
tions, the casli security furnished, and
all the requirements of the law met;
but through bad management or poor
financiering, the concern collapsed, and
a number of people suffered. That, pos
sibly, was an honest failure. Then we
had also quite a different class of fall
ures—banks to which the term 'wild
cat' was applied. This ‘wildcat’ insti
tution would generally be started by a
gang of 'floaters,' as they were called in
those days, who would conform to the
law by showing the required amount of
security in gold, which they had bor
rowed for the purpose, and then almost
immediately paying it back, and in other
ways deceiving the officers of tho law. Of
course these fellows were scoundrels,
and went into the banking business
with the sole view of swindling the pub
lic. Tou will find frauds in every walk
of life and in every pursuit, not except
ing the banking business.
“Now, we don’t proposo to tolerate
any such loose banking methods as were
thought all right forty years ago. But
it does seem to me that solid state banks
could be instituted on tho plan of the
preseut national hanks, with this differ
ence, that instead of requiring state
hanks to furnish government bonds as
security, let them give acceptable state
bonds, AVhat is the matter with state
bonds? Are they not as good
security as United States government
bonds? I think so. Of course, I
in favor of protecting tho public in overy
way possible; and in connection with
good state bonds as security, I would
have bank oxaminors and all tho protec
tion now furnished by tho national
bauk systom. Tho only difference would
he, as I say, the kind of security. Ac
cept state bondB in lion of government
bonds. That’s all.”
How about this cry of wildcat?” In
quired the reporter.
“Oh, that belongs to ancient history,
No man with a thimbleful of brains
would think of allowing anybody to run
a bank of issue nowadays without put
ting up tho best security in the market.
Iu tho wildcat period of banking, hank
ers put up nothing. They simply raised
a certain amount of gold, took an oatli
that they had It, or made an exhibition
of it to an official, and that was all there
was to it. Tlio only way to keep certain
men honest in this world of ours is not
to allow them a chance to steal.
“Ves, you can put mo down ns de
cidedly in favor of state banks, under
the conditions I have pointed out. And
I also liclieve that if our alliance friends
could bo mado to understand the ad
vantages of such banks, they would
agree with me that they are much pref
erable In every way to any sub-treasury
scheme ever conceived by any Moses
who promises to lead the farmers into
a land where eternal happiness prevails,
politics and politicians are unknown,
and where money grows on every bush.
Let the farmers only think as American
citizens ought to think, and sockless
and senseless statesmen will soon pass
into oblivion, where they belong.”
“State banks?” repeated another finan
cier, when naked the question. “Don’t
believe in ’em. No good. Channels for
fraud. Wouldn’t think of auch a thing.
Scat! You know. Good day.”
“Well, I haven't given the subject
much attention,” answered a well-
known business man, “but I know that
Senator Butler of South Carolina is a
lfvel-headed man on finance, and any
thing be says ought to command atten
tion and respect However, I am in
favor of anything whfeh will satisfy the
farmers In the land and bring them re
lief, but I don’t think the sub-tr«asnry
scheme will ever do it.”
“1 don't think, any legislation will
remedy the present financial trouble,”
was the opinion of another gentleman.
“What we need ie confidence. Let the
banks nnlooee their parse strings on
good security, and we’ll be all right.
Possibly state banks might prove to be
a blessing for our people; but that rem
edy la too far off. What we want is im
mediate relief i and we'll have to depend
on the hanks we have now to get that
relief. Just think of the length of time
it would take to put state banks in shape
for action. Give us something in the
way of relief at once—to-day If possi
ble. Let a now banking sys
tem come latei on, when the proposi
tion can he examined carefully and
coolly. The present is not a good time.
The people are too hot and indignant at
our national banks. They don't under
stand why the banka should not be ac
commodating on what they think is
good and sufficient security. This is
not the time to swap systems. You
know it is always customary to allow an
offender a reasonable time to prepare
his defense. Give the national banks
chance to he heard. Everything will
come right in time, no doubt; but we
want more money right now. How are
we going to get it ?”
As I am going to mar
ket on August 1st and
will need money, and
in order to get as much
as possible by that
time, have concluded
to reduce my stock.
ANSLEY’S
Largest, Finest
AND
Best Assorted Stock
Of Groceries in the South.
Everythin" guaranteed as repre
sented. ’
NO OLD STUCK
Fresh Goods Every Day.
FINEST FLOUR,
SWEETEST HAMS,
FRESHEST BUTTER,
HIGHESG TRADE COFFEE,
PUREST LEAF LARD,
FULL HEAD RICE,
and everything he best that cash
money can buy. Nothing too fine
for my customers.
A Candy Department.—A Butter De
partment.—A Cigar and Tobacco De
partment, all in the Fancy Grocery-Store
E. D. ANSLEY.
I will sell for the
next 15 days
For Spot Cash
PRICES
Low Down.
Groceries going at cost. Shoes going
below cost. Bread and cakes selling
first. I am closing out iny stock of gro
ceries, so that 1 can put in a new and
fresh lot next fall, consequently I will
sell my groceries very cheap. I have a
large stock of canned goods that will sell
at cost I also have a few pairs of la
dies’ and gents’ coarse shoes that I will
dispose of below cost
Come and see my stock, as I will not
hold this offer long.
C. C. Carteii.
320 Lamar street.
Notice.
The annua! meeting of stockholders
of the A. I’. & L. Warehouse & Com
press Company will ho held at the of
fice of tlio company at tho Compress in
Americus, Georgia, on Wednesday,
August fitii, 1801, at 10 a. ra. pursuant to
tlio by-laws of said company.
W. E. BI'uhage, Brcsidont.
James Herii Smith, Secretary.
Americus, Oa., July 20,1801.
1 say what I mean
and mean what I say-
a man has a right to
say what he said he
said, that’s what I said,
WATCHES
IJV CLUBS.’’’ V
102 FORSYTH STREET.
—-
You can exercise lots of Sense with a very few Dollars nowadays.
We need Dollars and we don’t hesitate to say that we are after those
dollars—if you need a Refrigerator—don't you hesitate to come after
one—a very few dollars will buy a first-class modem refrigerator and
you will get the good of those dollars in a hundred senses.
Business is busi
ness and more business
is business again.
I have a few Ma
dras Shirts left and I
want to close them out
Cheap ain’t the word,
if you will call within
the
Iletuuviil.
J. Bott merchant tailor lias removed
from old stand, Forsyth street to Cotton
avenue up stairs in old Times office,
where he is ready to give first class
work to ail his old customers and as
many now ones as will call,
jufy 10-d-Tmo.
Prescriptions accurately compounded
of pure drugs, at all hours at
Dll. Eluuiihie Drug Store.
Special Call.
I intend to leave for Now York, to
make my fall purchases, early in August,
If those who owe me accounts will kind
ly call and lettlc the same on or before
August the 1st they will confer a great
favor on me. M. T. Ei.am.
jul20 till aug 1
and
For your toilet soaps, toilet powders
all
I toilet articles, go to
Dr. Eldhidoe.
One front room to rent, up stairs next
to library. Apply to,
7-23-lmo D. F. Davenport.
The Lewis Smith melon can he had
fresh every day on Cotton avenue, one
door south of Alien House. Telephone
100.
Next 15 Days.
$5.00 to $25.00.
A SIMPLE BUSINESS FACT 18 ”"” 4 ""
of Summer Specialties, Staple China, Crockery, Silverware, Lamps,
ete. is here ready for the sacrifice—ready to be ‘‘led like »lamb to the
slaughter” to satisfy the economic necessities of the hour and thus
give to our goods what are “hard times” prices in dead earnest.
remember if you want
goods cheap. 15 days
is the time allowed.
Let your good Dollarsland your good Sense
bring you to the Artesian Comer always
Butler & Berry,
;J|
ARTESIAN CORNER.
Wm
LEE * UMAR STREETS. i
'' SH
Call within 15 dayslJOHN E. SCHMIDT
and you will get
Shoes,
Shirts,
Socks,
Scarfs,
Suspenders.
Turnip seed, turnip seed, just received
a fresh lot of nice varieties at
tues&Sun Du. Eldbidoe’s.
To Our Patrons.
After this week we will collect all bills
for job work weekly. This will make
payments easier for yon, and help us
materially, aa our expenses are payable
weekly.
Times Pitbmsiiio Company.
We have an elegant tine of very fine
silk umbrellas that we will sell at oost
to make room for now goods of another
line. James Fbicker A Bno.
July 21-tf
The saint la one in whom toth the
sensibility and the will are' enbjeet to
unselfish motives.
■
CKERS r
AH
Takes this opportunity of informing the people of Americus
and the adjoining country that he is now fitting up in the best
of style, and will shortly open one of the
Finest and Host Complete Restaurants to be Found in tbe South.
■
, jf
He will spare no expense or pains to make it worthy of the
patronage of the very best people, and Americas can then
boast of a place where everything good will be served in
a style as never before Been in this city.
Remember the place—Schmidt’s Reading Room, Lamar St.
JOHN E. SCHMIDT.
8-1 d.twly Respectfully,
r >
gUn p jV>_ i iM
i. i
and everything per
taining to the Haber
dashery business
W. D. BAILEY,
THE
LUCIUS H. BIMBROUGH,
ro« Union Central T.IVS ImcKAUcaCo. Also agent for New Engl.m
Small,
atMaii fsitrlu w
Accident A-s
Ultet. S*U la B»«Und for U.
Cor. Fonyth »t. aad Cotton Are.
ly Sat. Iu. Wod.
AMERICUS,
We oiler at this season Turnip
c. o. Hawkins.
1 1 oio.toviNG,
HAWKINS * LOVING.
*BW!r
We ore prepared to do EMBALMING on short notice. SATISFAC
TION GUARANTEED. Also keep a fine line of Metallic and
Cloth Covered Cases, Caskets and Coffins.
HEADQUARTERS FOR FURNITURE.
Nltbt calls for coffins Telephone No. AS, or call on O. O. Loving, Brown street.
NIOX CE.vriiAL Lira IkspkaxczCo. Also agent for New Engl.nd Mutual
* nj be “-
OFFICE BOOM|4, BABLOW BLOCK, UP ST A IP 8.
*M£m
2*-ly.
GA.