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THE AMERICUS WEEKLY TfflES-RECORDER: FRIDAY, AOUGST 7, 1891.
Shoes for Young!
Shoes for Old!
Shoes for Rich!
Shoes for Poor!
STATE BANKS
look
as A SUBSTITUTE FOR THE SUB
TREASURY SCHEME.
Mew, Of Some of Our Financier, on the
Proposition—Might He Ju,t the Thing.
In the Estimation of Many-Other, Op
posed, Fearing the Consequence,.
AT
YOUR
SHOES I
In H i Ira
-THE—
Great American hagle’
SHOE STORE,
A Sweeping Reduction
will be made* on all Foot-Wear
purchased of us in the
Next 30 Days!
Iu this Sweeping 1 Sacrifice Sale
unpreceedented bargains will be
offered on all LOW CUT SUM
MER SHOES, andftvo expect that
the announcement of this sale will
“Sweep the Town!”
Wo are uot after room as most'
merchants would say—but are AF
TER MONEY—room we have
enough-hut are SHORT ON
MONEY.
If you want to know what we
mean by a SWEEPING Reduc
tion, come to this
Day
30
Clean
Sweep
Sale
j
and you will find the Largest and
most varied stock of shoes ever
offered iu Americus and at lower
prices than are obtainable else
where.
the NAME—
» W ill w
SHOE STORE.
T HE PLACE:—
119 Forsyth St.
AMERIOUS, GA.
B.—No goods charged at
these cut prices, but will be cbarg*
*d 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 tho
south, and set many of our people to
thinking.
With the view of finding out what our
own financiers and business men thought
about It, The Tisies-Recokder had a
talk with several of our citizens on the
subject.
“In my opinion,'' said a well known
banker, “it would be just tho remedy
^ for tlie existing financial squeeze. But
“ ( f would have a different system from the
one in vogue forty years ago.
I nder the old state banking
system the only security the holders of
this paper money had was tho cash in the
vaults of the bank. All that was neccs*
sary then for a party to start a bank was
say ¥100,000 capital in gold, for which
security ho was permitted to issue *300,-
000 in paper money. In many instances
banks were started with the best inten
tions, tho cash security furnished, and
all tiie 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 dilferent class of fail
ures—banks to which the terra ‘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 hor.
rowed for the purpose, and then almost
immediately paying it back, and in other
ways deceiving the officers of tho law. Of
course these follows were scoundrels,
and went into tho banking business
with the sole view of swindling the pub
lic. Y'ou will find frauds in every walk
of life and in every pursuit, not except
ing the banking business.
“Now, we don’t propose to tolerate
any sucli loose banking methods a* were
thought all right forty years ago. But
it docs seem to me that solid state banks
could be instituted on the plan of the
present national banks, with this differ
ence, that instead of requiring state
banks to furnish government bonds as
security, let them give acceptable state
bonds. What is the mattor with stato
bonds? Are they not as good
security as United States government
bonds? I think so. Of course, I am
iu favor of protecting the public in every
way possible; and in connection with
good stato bonds as security, I would
have bank oxaminors and all the protec
tion now furnished by tlie national
bank system. The only difference would
bo, as I say, the kind of security. Ac
cept stato bonds in lieu of government
bonds. That's all."
“IIow about this cry of wildcat?” in
quired tho reporter.
Oh, that belongs to ancient history.
No man with a thimbleful of brains
would think of allowing anybody to run
n bank of Issue nowadays without put
ting up tho best security in tlie market.
In tlie wildcat period of banking, bank
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. The only way to keep certain
men honest in this world of ours is not
to allow them a chance to steal.
"Yes, you can put mo down as de
cidedly in favor of state banks, under
tho conditions I have pointed out. And
I also believe that if our alliance friends
could bo made to understand the ad
vantages of such hanks, they would
agree with me that they aro much pref
erable in every way to any sub-treasury
scheme ever conceived by any Moses
who promises to lead tho farmers into
a land where eternal happiness prevails,
politics and politicians aro unknown,
and whero money grows on every bush.
Lot the farmers only think as American
citizens ought to think, and suckles*
and senseless statesmen will soon pass
into oblivion, where they bolong.”
‘State banks?” ropoated another ii nan
cier, when asked the question. “Don’t
believe in ’em. N'o good. Channels for
fraud. Wouldn’t think of such a thing.
Scat! Y’ou 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
level-headed man on finance, and any
thing he says ought to command atten
tion and respect. However, I am in
favor of anything which will satisfy the
farmers in tho land and bring them re
lief, but I don't think the sub-treasury
scheme will ever do it."
“I don’t think any legislation will
remedy the present financial trouble,"
was the opinion of another gentleman.
“What we need It confidence. Let the
banks unloose their porse strings on
good security, and we’ll be all right.
Possibly state banks might prove to be
a Meeting for our people; but tbst rem
edy Is too far off. What we want is im
mediate relief; and we'll have to depend
on the banks we have now to get that
relief. Just think of tlie 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
hie. Let a now banking sys
tem come later on, when the proposi
tion can be 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 bauks should not be
commodating on wliat they think
good and sufficient security. This
not tlie time to swap systems. You
know it is always customary to allow
offender a reasonable time to prepare
his defense. Give the national banks
clianco to be heard. Everything will
come right in time, no doubt; but we
want more money right now. now are
we going to get it?"
Southern Inter-State Exposition.
The following invitation has been re
ceived, and explains itself. The Times
Recobdf.11 is duly thankful, and trusts
the exposition will prove an eminent
success:
The riMES-RECoiiDEB: The manage
ment of the Southern Intor-Stato expos!
tion lias set apart Monday, Tuesday and
Wednesday, tlie 10th, 20th and 21st of
October, as special Georgia days, and
have been instructed to earnestly invite
you to be present and deliver an address
or at least make a few remarks, iu regard
to tlie industrial development of your
state.
The exposition promises to bo a grand
success. Y’our state will be well repre
sented in tlie way of an exhibit of ngri
cultural crops, woods and timbers.
Hoping to liavo a favorable reply from
you at au early date, I am yours very
truly, Jxo. T. Pathick,
Secretary,
Lockett & Sou,
Mr. A. K. Lockett has purchased tho
interest in tlie livery stables of C. D
Elam, who has heretofore been tlio part
ner of Mr. U. S. Lockett, and the firm
will hereafter be Lockett A- Son.
That tlie stable business is a flourishing
one in this city is proven by the fnct
that Mr. Lockett paid *2,400 casii for
the half interest of Mr. Elam.
See the advertisement of the new firm
in another column.
LEMON KLIXIlt.
I’lvasiint, Elegant, Reliable.
For biliousness and constipation, take
Lemon Elixir.
For fevers, chills and malaria, take
Lemon Elixir.
For sleeplessness, nervousness and
palpitation of tho heart, take Lemon
Elixir.
For all sick and nervous headaches,
take I.cmon Elixir.
Ladies, for natural and thorough or
ganic regulation, taka Lemon Elixir.
Dr. Mozlcy’s Lemon Elixir will not
fail you in any of the above named dis
eases, all of which arise from a torpid
or diseased liver, stomach, kidneys or
bowels.
Prepared only by Dr. H. Mozloy, At
lanta, Ga.
00c. and *1.00 per bottio at druggists.
Lemon Hut Drops
Cures all Coughs, Colds, Hoarseness,
Sore Throat, Bronchitis, Ilomorrhago
and all throat and lung diseases. Ele
gant, reliable.
23 cents, at druggists. Prepared only
by Dr. H. Mozley, Atlanta, Ga.
may2-sunthurs4wkl-lyr
Poverty is no disgrace, but disgrace is
poverty intensified.
McELREE'8 WINE OF CARDUI lor Weak Nerves.
It is tlie early bird that catches par
ticular fits on getting home.
Summer comctli on apace, and soon
will tlie granger he engaged iu ids an
nual struggle witii chills and fever.
Take lime Ly the forelock and lay in a
supply of Cncatliam’s Tasteless Chill
Tonic that yotir days in tlie land may be
many. 2
Much of what appears to bo selfishness
is mere thoughtlessness.
A DANGEROUS POLICY.
Is to buy spectacles at your residence
from peddlers, as many of them aro im
postors. I will pay a liberal reward for
Information leading to tlie arrest of all
such men who claim to be my represent
atives. I positively employ no peddlers
and do not sell them my glasses. The
genuine Hawkcs’ spectacles have the
name “Hawkes” stamped on tho bow.
A. K. IIawkes.
All eyes fitted and the tit guaranteed
at drug store of E. J. Eldridge.
The coward is one whoso will is domi
nated by his sensibility.
We predict for Cheatham's Tasteless
Chill Tonic an unprecedented success.
The well known reputation of its manu
facturers is, of itself, an ample guarantee
of its superior merits. aug7-w4t~2
Don’t take a position of responsibility
and then shirk its duties.
A PROGRESSIVE TOWN.
DESOTO MOVING RIGHT
PROSPEROUSLY.
The Americas Investment Company llnlld-
lujr Up the Town Rapidly—Quite a
Change From the Days of Only One Plan
tation, With Ita Mule Lot and Quarters.
Uucklen’s Arnica Salve.
The best salve in the world for Cuts,
Bruises, Sores, Ulcers, Salt Rheum,
Fever Soros, Tetter, Chapped Hands,
Chilblains, Corns, and all Skin Erup
tions, and positively cures Files, or no
pay required. It is guaranteed to give
perfect satisfaction; or money refunded.
Price twenty-five cents per box. For
sale by E. J. Eldridge.
mayl5-'01-lyr.
Sometimes we can best help our friend
by keeping out of his way.
Try BLACK-DRAUOHT tea (or Dyspepsia.
A. E. Lockett has this day purchased
of C. D. Elam bis undivided interest in
the livery stables of Lockett A Elam, and
the livery business will be conducted,
in the future by U. S. Lockett A Son,
and we respectfully solicit the patronage
of the public. Respectfully,
U. ii. Lockett A Son.
dAw S-l-lmo
Montgomery Folsom, of the Atlanta
Journal, has been spreading himself ail
over Sumter county recently, and en
lightening the readers of the Journal
on the beauties of this region. Although
a little "off” on some points (as to the
birthplace of Sam Houston, for Instance)
in the main “Stumpy” is about correct.
Here are a ft#v of his observations about
DeSoto and its viclninlty:
Tho old Furlow place is a twenty-two
mule farm, 300 acres in cotton and 230
in corn. Tho bottom will yield an aver
age of over a bale to two acres, and tlio
corn will go twenty bushels to the acre.
Mr. J. J. Cocke, a native Georgia boy, is
managor of this farm, and to him may
be attributed much of its success.
Tho Williams place, adjoining, is a
twelve-mule farm, 300 acres in cotton
and 100 in corn. Mr. J. W. I’owcll, a
thorough going young farmer, is mana
ger of this place, tlie crops in which aro
fully equal to those on tlio Furlow place.
Connected with tlio same interest is
tho Leo place, ten miles south, au ciglit-
mulo farm, 230 acres in cotton, 100 in
corn; Mr. F. II. Hines, managor; and tlio
Horne place, ten miles north, a six-mule
farm, 130 acres in cotton and 30 in corn;
John Jenkins, manager.
All these farms belong to tlio Ameri
cas Investment Company, of which Mr.
Armstead Dodson is general superin
tendent, and which company has built
up DeSoto.
In 1887 the company purchased 8,000
acres of land bore, taking in some of tlie
finest farming lands in the county, on
which the town was located. It is about
one mile square, and lias been surveyed
and the streets laid out, leaving a ten-
acre reserve for a beautiful park.
Tbe DeSoto hotol was built at a cost
*2,000. It a beautiful building, two
stories high, and contains ten rooms. It
now kept by Mrs. Sloan, a lady who
takes special pains to please her guests,
and is the breakfast point for the Sam
road.
A handsome academy building two
stories high was built at a cost of *2,300-
addition to a flourishing school, the
upper story is used as a hall by the Ma
sons, of whieli fraternity there is a very
prosperous lodge here.
There are six stores and a Iiandsomo
depot, express, telegraph and post of
fices.
There is a large Baptist congregation,
which will build a church shortly; and
the Methodists will proceed at once to
erect a iiandsomo building. This is tlie
DeSoto I found here.
Mr. Dodson is going to develop into a
great benefactor. His scheme is one
tiiat is not only feasible and practicable,
but is in tiie nature of a progressive
movement that will benefit tho country
and tlie people alike.
There are also several industries es
tablished iiere. Messrs. Luko A Hays
have a large lumber mill ami planing
mill with a capacity of 20,000 feet a day,
They are also dealers in rough and
dressed lumber, moulding and building
material, making a specialty of kiln
dried lumber.
Their planing mills, with two largo
planers, have a capacity of 13,000 feet
daily. Mr. J. H. McKinnon is in charge
these. He is one of the most skilled
machinists in this section, and has won
himself a well deserved reputation
proficiency. He was born In Quit-
man, Ga., of one of the best families of
place, and is very highly respected
all who know him.
Messrs. Luke & Hays also do a largo
mercantile business, *10,000 to *13,000 a
ear, which is under tlio management of
Mr. IV. G. Session, a young gentleman
the finest business qualifications, who
enjoys tlie respect and confidence of nil
ho know him.
There is also e grist mill and ginnery,
and a new company is being formed,
with a capital stock of *3,000, to build
another right in tho heart of town,
These industries give employment to
quite a number of people, and all are
thriving and doing good business.
Space will not permit a notice of all
tlio various industries of tills thriving
town. Suffice it to say that it enjoys
good health, good water and a superb
location right in the heart of one of the
finest agricultural sections in the state
of Georgia.
Mr. Dodson’s plan of selling off the
land into small farms is a winning one,
and when fully carried out will prove a
solution of the land and labor questions
that have been such drawbacks to the
full and free development of the country
heretofore.
Farmers settling on these lands will
enjoy every social and educational ad
vantage of a town, and yet will be Inde
pendent of the town for their support,
ss the lands are so fertile that a fifty-
acre tract will amply support k large
family.
Tbe Americas Investment Company
will leave nothing undone to make com
fortable homes of these little town
farms, and DeSoto Is the nucleus around
which will gather all the necessary ma
terial for a populous and thriving com
munity, where heretofore lias been but
plantation with its mule lot and negro
quarter. *
Ayer’s Hair Vigor
Restores the original color to faded and gray hair, keeps the scalp clean, and Imparts
that natural gloss and freshness so universally admired.
“A little more than two years ago my hair
using one bottio
hair was restored to its original color and
ceased falling. An occasional application
has since kept the hair In good condition.”—
Mrs. H. W. Fenwick, Dighy, N.
“Ayer's Hair Vigor Is excellent for the
hair. It •.‘Imulatei the growth, cures bald
ness, restores the natural color, cleanses the
scalp, prevents dandruff, and to a good dress
ing. We know.It to differ from most hair
tonics, In being perfectly harmless.’’ - From
Economical BouctUcping, by Eliza B. Parker.
Ayer's Hair Vigor,
Prepared by Dr. J. C. Ayer A Co., Lowell, Haas. Sold by Druggists and Perfumer*
DOLLARS AND SENSE!
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 modern refrigerator and
you will get the good of those dollars iu a hundred senses.
$5.00 to $25.00.
A
IS THIS—We ore after
money—our entire stock
of Summer Specialties, Staple China, Crockery, Silverware, Lamps,
etc. is here ready for the sacrifice—ready to be “led like a lamb to the
slaughter” to satisfy tho economic necessities of the hour and thus
give to our goods what are “hard times” prices in dead earnest.
Let your good Dollars and your good Sense
bring you to the Artesian Corner always.
Butler & Berry,
ARTESIAN CORNER.
LEE A LAMAR STREETS.
TORN E. SCHMIDT
Takes this opportunity of informing the people of Americus
and the adjoining country that lie is now fitting up in the best
of stylo, and will shortly open one of the
Finest and Most Complete Restaurants to be Found in tbe Soatb.
He will spare no expense or pains to make it worthy of the
patronage of the very best people, and Americus can then
boast of a place where everything good will be served in
a style as never before seen in this city.
Remember the place-Schmidt’s Reading Room, Lamar St.
8-1 diwly
Respectfully,
JOHN E. SCHMIDT.
fiUiwu/iuk-,
We offer at this season Turnip Seed!
C. C. HAWKINS.
HAWKINS & LOVING,
We are 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.
Night calto lor coffin* Telephone No. 43, or caU on O. O. Loving, Brawn street-^
LUCIUS H. KIMBROUGH,
Acxxr for Union Centum. Life Insurance Co. Alio agent for New England Mutual
Accident Association. Policies In these Companies are the cheapest and beat.
1 will also bay and seM Stocks, Bonds and Ileal Estate,
OFFICEJEOOM|4, BARLOW|BLOCK, UP STAIFS.
AMEKICUS, - GA,