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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,