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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.