Georgia Historic Newspapers

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I |i\B\K !iV,LLE ' < KoKfii *‘
I lV . FEB. 21,1878.
I•" '
0 Howard gives notice
’ r h outadvertising columns that
tb^ 1 ", ws Colored, is under con
>n A !i, him tor Uiis year, and warns
hiring theesaid Ben.
l the notice Of Mr. C. W. Brown
Kt4u _ ue wh o offers meat for sale cn
call on him if you need such fa
shown last week a remarkable
Itwaaadoubte-hcadcd
we •"* “7
c ’" re two mouths, two sets of nos-
The tops of the heads
the horns and ears grow were uni,
* i-iniT a double head, but with two
Htad lived tl.c would D o
v. •. been hut two horns. It was
jiXiU u ' l ' L Bennett’s place, in
calved on Bennett does not
Whether it was calve and alive or dead,
n was certainly a two-faced calf, with a
i developed body and limbs. It was
diluted puplicly on the streets last
Thursday, and was indeed an interesting
grouty to look at.
Hymeneal.
Porch Matthews. —On the 14th inst.,
""residence of the bride’s father, Mr.
p F. Matthews, Rev. J. M. Wood joined
Q the bob' bonds of matrimony Mr. Ben
’ain Porch and Miss Fannie Matthews.
We tender the happy couple our best
ji.fces, and hope they may live long and
,tare the best lot of married, life. For
the nice cake sent us, words cannot ex
• rtssonr appreciation, and memory can
neve r allow ns to forget. Our warmest
congratulations go with you through life.
CompTlOS Cuked. —An old physi
cian, retired from practice, having had
placed in his hands by an East India
missionary the formular of a simple vege
table remedy for the speedy and perman
ent cure of consumption, bioneliitis, cata*.
rrb, asthma, and all throat and lung aff
ections, also a positive and radical cure for
nerrons debility and all nervous complaints,
after having tested its wonderful curative
•lowers in thousands of cases has felt it
hi? duty to make it known to his suffering
fellows. Actuated by this motive and a
desire to relieve human suffering I will
sen.!, free of charge, to all who desire it.
this recipe in German, French, or English,
with full directions for preparing and us
ing, Scut by mail by addressing with
stamp, naming this paper. W. W. Sberar
126 Powers’Block, Rochester, N. Y. 4\v
DEAFNESS and Catarrh cured. No
Medicine. Book free on receipt of
stamp.
Address Geo. J. Wood, Madison, Ind.
tf
Sweet oranges and Fancy Candy at T.
B, Lyon.
Buy your Christmas Goods from T.
B. Lyon, for he has the largest and best
etmk in town.
T. B. Lyon will have for Christmas,
Dressed Turkeys and Cranberries.
Speak for your Christmas Turkey at T.
B. Lyon’s.
T. B. Lyon has in stock 25 Boxes of all
kinds of crackers.
T B, Lyon has the largest stock of
Whiskies, Urankics and Wines ever
brought to Barnesville, which he will sell
cheap.
Fresh mackerel just received at T. B.
Lyons.
Fresh Beer at T. B. Lyon's,
Fresh Fish and Oysters on hand eyery
day at T. B, Lyon. .;
T. B. Lyon has 200 doz. Eggs.
T. II Lyon lias a large stock of Fancy
Apples on hand.
Fresh Oysters at TANARUS, B. Lyon’s, 25c
per qt.
fresh Fish and Oysters Every day at
r. B. Lyon’s.
Buy your Hardware. Stoves, Tinware
eootkery House furnishing Goods, Ac.,
‘' mil. It. Chambers, very cheap for
e :i -h. and reasonably cheap on a
‘ftditwhen credit time comes.
I offer for sale ( 1000) one thousand
arres of land in Upson county in one
: dred acre farms. 1 will sell it cash
ur *>u time to responsible men.
J. F. West,
FokSau;.- 1 will sell (GO) sixty
tme level laud, lying between
and J - 11 Jenkins, Esq .
x\\u i- lil in tht ‘ town of Barnes**
all nn.W fttteacres in tdie woods,
you u [yiXW - Lottie soon if
you want it cheap. j. F West.
A good assortment of Axes at v*rv
W R. Chamte rs .
I want t° sell by J an ut
sugar J,ffii hOU r and dollars worth of
lard, flour i Ca “- d JL’ bacon
boots, sho'e hats wo l th
poods, 4 C j n ,‘; c , ca P s - dr y
buy from TP w£ t . tbem ’ co,ne
%(£? C ‘ anything, and
Mas soon as Pm , a . nd P ay hira
et VOU’ve *nl 1 ■ (u Cau set there w otb
““ or not, and
tw jT n ,) ®u ea f mn y more goods
P ’ and mak e him feel happy.
save moL U , U | l ijauts and farmers, will
West ey ’ by tr a<g with J. F.
' Vill SCIUt HKt l0 1 t ,| 0f ClntlliD g tliat 1
&ean wl ..t i b all new and fine.
Ut 1 “y- J. F. West.
1 OF MILLINERY.
" f r nim
-I,ILU-NH;\ "> onr Fall Slock of
w *Ul, ake Nl> tPANCV JDS, which
and J ir ' 11 **k‘asure in showing oap
'“"tirel, Bew M ' ,o,,, crs. We have a nice,
Prir ' x Tliankr *" at Low
*" r lib,,r R | ,w a"* 1 many customers
*'** to l) 0 o o ' ia<s, ‘ hereto lore, and prom*
MKST TO PI.EASE ALL,
u with their trade,
e * Very Resp’ly,
iS ’ A- CHAMBERS.
i Tb *°* is Y our Time I
aT BARGAINS!!
J - F. MENDES
the next sixty days, his
y ' lj f Woolen Goods at cost
Utesv goods are needed in
tV?' i such as Flannels, Lin
r i C assimere, Clothing,
vni 0t • ir, ins will be offered,
Q*Hhm Pa 11 * V:ant a revl
t < ■,; | l _ Mrefore offer our
(■'all at - pPT ted Period
•‘ftndtj’/ r a ( J°°d trade.
• r 'joods cheap.
“German Hyrup.”
No other medicine in the world was
ever given such a test of its curative
qualites as Boschees German Syrup In
three years two miiion four hundred
thousand small bottles of this medicine
were distributed free of charge by Drug
gists in this country to those afflicted
with Consumption, Asthma, Croup, severe
Coughs, Pneumonia and other diseases
of the Throat and Lungs, giving the
American people undeniable proof that
German Syrup will cure them. The
result has been that Druggists in every
town and village in the United States are
recommending it to their curtomers. Go
to your Druggist, and ask what they k/tow
about it. Sample bottles 10 cents. /Reg
ular size 75 cent3, Three doses will res
tore any case. /
T. li. Lyon wants one thousand
bush. Sweet Potatoes. Also one thou
sand bush. Peas.
T. B- Lyon has just received one car
lead J. M. Yeach’s Fancy Flour.
Oranges, Apples, Onions and Cabbage
at T. B. Lyon’s.
lOOOlbs Asst. Stick Candy just received
at T. B. Lyon’s.
I want every man woman or child
to pay me what they owe me. I can
use tlie money, come and pay It at
once. j. F. West.
“T. IS. Lyon 1* ready for All.”
He has just received
One car load of C, R. Sides.
1 car Choice White Corn.
1 car, all grades, Flour.
100 Bu. Choice Rust Proof Oats.
He also has a laarge stock of Lard,
Hams, Mackerel, Nails, Hoes. Axes,
Traces, Humes, - Sugar. Cot Tee, Rice,
Tobacco, Cigars, and Wines and Liq
uors of all kinds.
He will keep in stock the above
goods in large quantities, which he
will sell as cheap as any one in this
market, FOR CASH.
Also agent for that popular and well
known Sea Fowl Guano.
T. B. Lyon sells 2 good cigars for sc.
Fresh Beer for 5c at T. B. Lyon’s.
Country Merchants will do well to
call and get T. B. Lyon's prices at once.
Select cream cheese at T. B. Lyon’s.
T. B. Lyon lias on hand the best as
sortment Fine, Medium and common
chewing Tobacco in town.
T. B. Lyon will sell candy and crack
ers in job lots, at Atlanta and Macon
prices.
(Continued from second page.)
discriminated against them.
Both by our example and by the
example of England and from the
reason of the thing, I think it would
be wise to limit the legal tender pow
er of silver, giving it a place in the
currency which ic may occupy with
out competition with gold, just as
the minor coins occupy a distinct
field. Then silver will be always at
par and have an equal purchasing
power with gold in the ordinary bus
iness of the country, and there will
be no necessity to be constantly re
enacting laws to keep silver and gold
equal.
Air. Morgan. Will the Senator
from Georgia allow me to ask lnm
whether he would favor the use of
silver in the payment of the bonded
debt of the United States or the in
terest thereof ?
H. I am coming to that directly
my friend. lam going to deal with
the bonds my opinion is that the
bonds ought to be lifted out of this
question, provided we can lessen tax
ation by it; but I am coming to that
directly. I would give silver a legal
tender power for all payments in any
one payment not exceeding 8100, or
even more, for a compromise. lam
willing to do that, and I believe the
country would accept it, and would
be gratified by it. I believe it would
preserve the value of the silver dol
lar without increasing its weight. I
do not insist upon £IOO as the limit;
I will be reasonable on that point. It
is the principle lam after. I believe
at last you have got to come to that.
I believe that is going to be the re
sult of all tHis confusion in ti e
world about the single and double
standard. It is not natural, it never
was intended by nature, that silver
should have the same extent of cir
culation that gold has. Who would
think of coining a twenty-dollar sil
ver piece? No one; any more than
you would think of coining a dollar
copper piece. We will build our fi
nancial temple thus: We will have
copper and nickle for the mudsills;
let us then make silver the base
ment,and let us make its superstruc
ture of gold. Give each its place.
Give the copper and the nickle their
place in circulation, silver its place
in circulation, gold its place; aid
above gold let there be drafts, checks,
and such paper money as you may
see proper to authorize.
That, 1 believe, Mr. President, is
a solution of the question. I submit
these views with diffidence became I
admit that is a very complicated and
difficult subject in any view, but 1
belive that is what we ought to do.
I do coufe.-s Ido not com template
with the slightest degree of pleasure
the proposition that we are to multi
ply the depreciated money of this
country and thus prolong and increase
the agonies of the people which re
sult from that depreciated money.
I want to come to an honest stan
dard. 1 would have gold and silver
both in circulation each equal to the
other, and a paper money coitvcita
ble into either according to law.
Then I believe confidence will be
restored; then 1 believe business will
revive; then I believe these failures
and bankruptcies will begin to end;
then I believe the laborer will begin
to have bread and the naked will be
gin to have clothing. It is strange
to me, after the world has passed
through so many revolutions and
lias so often felt the bad effects cf a
depreciated currency in producing
first speculation and extravagance,
then collapse, and then bankruptcies
that we will not see that it is pre
cisely the ordeal through which tliis
country is now passing, and that
there is no escape and no remedy for
it until you get back to a sound cur
rency. But a sound currency in this
country means gold and silver mon
ey equal each to the other, and a pa
per money equal to either. That is
what it means and nothing else.
Give me good reasons for believ
ing that remonetization alone will
restore silver to an equal value with
gold and I will support the measure.
Butfor the reasons I have given, with
the plain history of tbeAVorld occur
ring at the very time this silver began
to depreciate, (lor i he greatest depre
ciation of silver occurred in 187 G
when it fell 20 per cent.,) lam con
\ incod tiiat all these causes culmina
t uii: just at that time, this demoneti
zation by eleven nations, this °reat
increase in production and the great
! decline in its demand, combined to
produce that wonderful result in the
history of this country. Believing
so lam not willing, anxious as I am
to he in accord with my friends on
this subject, to take the the hazard of
driving the gold from the country
for money that I believe will be more
depreciated than the greenback, and
that would pull the greenback down
to it, and postpone resumption and
continue this condition of uncertain
tv and hardship and suffering among
the people.
Mr, President, I have taken so
much longer than I expected that I
shall hurry on. I have dispos
ed of the questions that I think ro
bcfin-e tho .Senate. Ido not say
that I will insist on all the amend
ments that 1 have suggested as indis
pensable before I will vote for the
hill. I never will vote as it stands.
lam willling to compromise. I be
lieve that gentleman who differ with
me on this question are as honest and
patriotic as lam. They are men
whom I love. I desire to be in ac
cord with you in all things because I
know your worth. I am willing
therefore to unite with you to bring
about any method that will reasona
ble secure what we all say we want,
(quality in value between these two
metals and hasten tho period of re
sumption. I will unite with you in
anything that is reasonable to that
end; but do not attach your support
to a bill which I think is as monstrous
in its character, a bill that I think
will relieve nobody but a few bullion
holders and will enrich them, a bill
that will multiply the bankruptcies
of this country, which will increase
the sufferings of this country, which
will postpone the resumption of spe
cie paymeutsand the day of a sound
currency.
Do not plant yourselves in favor
of such a bill and say you will not
move an inch. Come; we are all to
gether, Our people ate interested.
They are suffering. We desire to re
lieve them. Why cannot we have
wisdom enough to adopt a proper
measure that will avoid the evils on
the one hand and secure the good on
the other?
Air. Whithers. Let us do it.
H Exactly. Now let us go to
work and do it; but you say “this
bill or nothing.”
Having disposed ef these questions
that bedong to the issue I want to
make a few more remarks upon mat*,
matters which have been introduced
into the discussion which I think
have no relevancy, but it is prop
er that I should say 7 something about
them.
Air. President, with all due defer
ence to every man in my hearing
and to every member of the iSenate
I enter my protest solemnly against
two arguments which have boon too
often used in this hall and which are
used everyday through the country 7 .
1 know of no way 7 of dealing with a
question but witli frankness and can
fior. I represent nobody but thepeo
pie, and the Government, and truth.
I care nothing for bondholders or
c reditors, or bankers or any other
class of people. I beliove that legis
lation which is wise for one class is
v. ise for all classes. The man who
attempts to array in this country the
poor against the rich, and those who
are not bankers and bondholders,
against those who are, and talks
; bout legislation for the benefit of a
class, is doing Herculean work to de
s roy the happiness and interests of
all classes.
It lias been said, and it lias gone
over the country in a thousand fas
cinating forms, that the bondholder
bought his bond originally for six
ty cents in the dollar or less. 1
have one word to say on that sub
ject: When the government first ne
gotiated its bonds we were engaged
in a terrible sectional war. One
party to the sectional fight had pos
session of the Government. It was
uncertain what the result would be.
The depreciation upon that bond
was the result of tout uncertainty.
I confess myself that I was on the
side that was against the bondhol
d r, and I was doing my very best
honestly and conscientiously, to
make the bondholder lose not only
the forty cents which lie sought to
make but the sixty cents he paid for
the bond. I say frankly and con
i ntiously I do not feel that it is be
c ming in me now to raise a hue
and a cry against the bondholder
because in spite of my efforts to the
c ntrary he made a good bargain it
s not my fault. It was a fair fight
;nd I took the consequences. I
hope no aouthean man will ever urge
that argument. I say it with pro
found kindness. Then, again, it
said that originally the bonds
were payable in currency, that they
were payable in lawful mono}'.
That is clearly true. I believe ac
cording to the original law the
bonds were payable in lawful mon
ey, which meant legal-tender cur
ie ney,
Now, Mr. President, while upon
the subject I will say that the credit
of the Government is as dear to me
as any man. During the war 1
was doing what I thought was right.
A hen I surrendered 1 surrendered
honestly. I belong to this Govern
ment; it is my Government and mine
forever, and I intend to be just as
f. ithful in all respects to the credit of
the United States as I would have
I een to the credit of the Confederate
.'-Mates if they had succeeded. It is
my country, and I am gratified to
know that no southern mau upon this
iloor has thus far uttered a sentiment
to the contrary, nor do I believe one
will.
But it is said these bonds were or
iginally payable in lawful money, that
is, in greenbacks, i admit that to be
true. You say it was a great wrong
to change that law. Gentlemen, let
us deal with perfect fairness and
candor here. The law which origi
nally authorize! the bonds to bo par
able in lawful money also authorized
tiiat lawful money to be funded in
G per cent, bonds. Congress after—
"‘i'd repealed that binding portion
of the law. Now, if you will insist
it was right to pay the bonds in law
ful money, you ought to restore the
funding quality of the money in
which you paid it. That would lie
a singular idea. Where would be
the gain and benefit of paying for
a bond in lawful money, when the
man who got the lawful money
could turn right around and demand
another bend, 1 suppose, if you
will make greenbacks fundable in G
per cent, bonds, there is not a bond
holder now but what would take
them for his bonds,because would be
worth a large premium, and he
would go immediately and fund
them in 9 per cent, bonds.
Mr. Kern an. Greenbacks would
go up then.
11. Yes, greenbacks would go ufi
to gold. Ido not think that we
ought to rail against that act of 18G9,
for another reason. According to
my reecollection, in the great presi
dential contest of 18G8 payable in
lawful money. That is my reccol*
lection of the great Ohio posi
tion. The Republican party took
the contrary position that they ought
to be in coin. The people, I think
very unwisely, decided in favor of
the Republican party.
Air. Yoorhees. Will the Senator
from Georgia allow me to correct
him? In the State of Ohio and the
State of Indianna the Republican
party took pr ecisely the same ground
that the Democrats did on that
question by resolution in the State
conventions.
11. The position was that the
bonds were payable in lawful money.
V. Yes.
11. That was right. Well lam
not going to get up a division in the
party here now.
V- Oh, no.
11. lam opposed to that; I say
that position was taken; I know it
was argued in the canvass.
B. That position was taken in
the national convention.
H. Very well. The Ipeople de=*
cided against the democratic party,
and 1 think very unwisely. The act
of 18G9 was the first act approved
by General Grant, who was elected
as 1 understand it, in response to
what they considered and claimed
to be the verdict of the people in
that election. So that if the people
have authorized this act, and it is
tin unwise act, let tlie people who
authorized it complain. In the
mean time I accept this as the law
of the land, without any further
controversy about it.
Then, as the act of 1870, the
great purpose of the act of 1870 was
simply to refund our debt at a low
er interest. It authorized the re
funding of our debt into 4,4 J, and
5 per cent, bonds, I believe
four percents. Nobooy, I suppose,
can complain of that; but a great
hue and cry has gone out to the
country about tlie act of 1873. lam
not going to defend that act or any
of these acts; I am not responsible
for them; but I am only speaking of
what I tlnnk the proper remedy is.
Senators, what difference does it
make? Suppose, for the sake of tlie
argument, that it was unwise to
strike silver from the coinage in 1873
suppose it was done surreptitiously,
that does not affect the question of
restoring silver now or not restoring
it, We must determine, not wheth
er it is wise to strike it from the coin
age of 1873, but whether it is wise
to restore it now.
We should determine this quess
tion not according to the condition
of things in 1813, but according to
the condition of things now. Sup
pose it was unwise to strike silver
from the coinage in 1873 under the
condition of things then existing,
still if under the condition of things
as they now stand it is uuwise to
restore it with unlimited legal-ten
der power, will you do an unwise
act then? That is bad logic and
worse statesmanship. Pass this bill
or not, according to the present con
dition of the country. If it is wise
now to restore silver, let us restore
it; if it is wise not to restore it, let us
not restore it. It is wise to restore
it with limited legal-tender power,
restore it on terms, and let us pre
scribe the terms and do whatever
is wise and best for tire country.
There is another style of argu
ment to which I wish to express my
utter dissent. There are some who
claim that under these laws as they
exist the bonds are now payable in
gold alone. In my judgement that
is a • totally untenable position.
It is ' true, I admit, that you
cannot pav the bonds in what was
not coin ; but if silver is restored to
the coinage that moment the bonds
are payable in silver as well as gold
because the pledge in the act of 1809
is not to pay in gold, is not to pay
in silver, but to pay in coin, and
both silver and gold are coin. So
the act 1870 expressly says that this
bond is redeemable in coin. Silver
at that time was of as much value
as gold, and the best way for every
body to meet this question is to
meet it according to the facts.
There is not a judge on earth who
would not hold that “coin” in the
act of 18G9 and the act of 1870
meant goldjand silver. Yon may by
virtue of your sovereign power have
a right to strike either from the
coinage ; but if both arc coined,
then the bond is payable in either,
and that position is the true oue, the
correct one.
Gentlemen who are anxious for
the credit of the nation do an injus
tice when they charge bad faith up
on the Government simply because
it stands up to its contract. There
is no bad faith in executing the con
tract.
There is another tiling I wish to
pav which has been said. It is said
increase the weight of the silver
dollar before you pay it to the bond
holder. Under the act of 1869 all
1 bonds issued before that clay, or
which have been refunded under the
act of 1870, are payable in gold or
silver a 7 whatever is tlie standard
value of silver and gold when the
bond is paid. But that rule does
not apply to the bonds that have
been issued under the act ot 1870,
because the act expressly says they
shall be redeemable in coin at the
value of that day ; that is in silver
of 4124 grains,in gold of 25.8 grains,
ion cannot change that act by
changing your coinage law. That is
fixed. You may pass my friend’s
(Air. Eaton’s) bill to make a silver
dollar of 440 grains. He is only en
titled to 4124, because that was tlie
standard value in 1870. Though
silver may fall in commercial value
to 50 per cent, on the dollar, still
if the L nited States chooses to pay
in that coin, she lias tlie legal naked
right to pay in sdver worth 50 per
cent, so it contains 4124 grains.
That is the true construction of tno
oontract. If silver increases In val
ue the bondholder can only get 4124
grains to the dollar. If silver des
creases in value the bondholder can
still get his 4124 grains, because
that was the standard value of the
sdver dollar in 1870. That any law
yer or any Judge on earth 1 believe
will be compelled to say.
B* Is it wise?
H. Ihe question of wisdom is an
other tiling; and here I want to make
a remark which I wish the country
to hear. There is a vast distinction
between the right of the bondholder
and the policy and credit of the Gov
eminent. This thing of charging ev
ery man who wants to maintain the
credit of the Government with being
on the side of the bonholder is not
only unfair but assumes that the peo
ple whom such speakers represent are
against the credit of the Govern
ment. My opinion is that tlie inter
est of all classes of this country, and
of none more than the laboring class
es, to maintain the very highest cred
it for the Government.
Now how arc statesmen to meet
this question ? Here is a condition
of things nobody anticipated at the
time tlie law was passed. The ob*
jeet of the act of 1870 was to lessen
the burdens of the people by fund
ing the debt at a lower rate of in
terest. At the time of the passage
of both these acts, 1869-70, silver
was fully equal to gold, if not bet
ter. Therefore the word “coin’'
was used, wbicli included both. sib.
ver and gold. But there has fol
lowed a condition of things which
nobody had anticipated, which the
Government did not anticipate.—
The increase in the production of
silver, the decline in the demand
for it, the natural tendency of the
commercial world to discard silver
and adopt the gold standard, have
carried silver below where any of
us thought it w r ould go. Now what
is to be done in this situation ? I
trust nobody on this floor will cater
to a desire in anybody to pay the
bondholders as cheap as you can,
or as the common saying is, cheat
them as much as you can. Deal
fairly, deal justly, deal honorably.
A government cannot afford to be
anything else than honorable and
just. The bondholder must be con
tent with his contract if the Gov
ernment insists upou it. The Gov
ernment must stand up to its con
tract. There is no bad faith when
the contract is discharged according
to its terms.
Now, what will you do ? I
think this is the wise course for us
to pursue. I suppose every gen
tleman will admit that under the
present state of things, with the de
velopment made by this discussion
that has been going on for two
months, there will be n,< more 4
per cent, bonds negoeiated. I do
not suppose that any capitalist,
when he learns that he is to be
compelled to take silver at what
ever depreciation, at the option of
the Government, and when there
is such a clamor raised in the coun
try to make him take it, will ever
take a 4 per cent, bond under ex
isting law. Ido not suppose any
man on this floor thinks he will.
Now, then, what will you do? If
the present laws remain as they
are the result is the people must
pay a high rate of interest. This
generation will not pay the prin
cipal. You cannot expect this gen
eration to pay the principal. Ido
not think we ought to require this
generation to pay the principal;
hut this generation must pay the
interest; and now is it not wisdom,
is it not our duty to adopt such a
plan as if possible will procure a
lower rate of interest for the peo--
pie? We are told officially by
the Secretary of the Treasury that
if we can fund ~ur existing debt
in 4 per cent, bonds we shall save
$23,000,000 annually in interest
to the tax payers. Gentlemen, you
who cry relief for the people, you
who talk about an overburdened
people, here is an opportunity to
serve the people, serve them really,
save them $23,000,000 annually.
How will you do it? The way
is plain. Do not stand here trying
to bring into disrepute the existing
laws of the country ; do not stand
here abusing the bondholders and
arraying class against class. Do
this: remove the confusion and
uncertainty- which have grown np
since the enactment of the present
law, and say to the capitalists of
the world that the Secretary of the
Treasury may negotiate anew bond
payable in gold if they will take
the bond at 4 per cent.
We do not expect to see silver
always less than gold. If silver
depreciates wo cannot govern it by
arguments. We expect to make
silver equal to go’d and our paper
equal to gold. There is no harm,
thorefore, iu making anew con-
tract with anew law. It is a
matter of business , it is a matter
of common sense. The capitalist
is ready to exchange a bond bearing
•I per cent, to avoid the dangers of
fluctuation; but the capitalist i
not willing to change that and taks
a low rate ot interest and continue
that risk of fluctuation under exist
ing laws. lie may lor the purpose
of a safe and secure investment be
willing to take 4 per cent, bond it
it is certainly payable in gold.
Now remove the doubt. Pass
laws authorizing the Secretary of
the 1 reasury to enter into negotia
tions by which he shall refund all
our debt in 4 per cent, bonds, and
make them for that reason, to secure
that consideration, payable in gold.
\\ hy not? You remove the doubt;
you take the bond outoi this whole
question; and if vnn d~ him “
payable in gold you simply
do it for the beuefit of the people
by lessening the interest which the
people have to pay. Ic is not for
the benefit of the bondholder that I
am in favor of giving this bond, it
is for the beuefit of the people; it is
a question of taxation. Twenty
three million dollars saved to the
people is no small matter. Ido
not want to cheat the Government;
I do not want to cheat the bond-;
holder; but I am willing to make a
new contract, because the value of
tho present one i3 uncertain to the
creditor and burdensome to the
people. Now let both people and
bondholder be satisfied, come to
gether in the spirit of honesty and
candor, and let us make anew con
tract and remove the uncertainty
which the bondholder dislikes, and
remove on the other hand the bur
dtn of interest which bears so heav
ily on the people. This is my prop
osition.
Mr. President, I protest, there
fore, against everything that tends
to bring the laws of the country
into disrepute, and I protest equally
against everything that attempts to
claim bv interpolation a benefit for
anybody under the law that lie is
not entitled to.
Mr. President, I shall conclude
what I have to say. I know what
I am going to say in conclusion is
prompted by no feeling of passion
or prejudice. It is prompted by
nothing but an honest purpose to
offer in my place in this Chamber a
warning to the country against
evils which I think are entirely
probable if certain courses are con
tinued. My friend from Connects
cut, (Mr. Eaton,) in a speech which
he made, remarkable for ability, el
oquence, and prtriotism rarely sur
passed, uses these words:
Agrarianism and communism will never find a
foothold in Hie United states. Appeals against
classes and sections have been heretofore and
doubtless will again he made, hut confiding as I
no in the good souse ot the people, they pass by
me as the “idle wind, which I rospeot not.’’
These are noble words, worthy
of the best men in the best ages of
any country. Would I could feel
as niy honorable fliend says he of
the evils to which lie alludes; but,
sir, I cannot do it. We all know
that the passions of a people may
be lasbed into a fury which no pow
er can control.
Sir, the people of the United Sta
tes, we know by sad experience,
have been persuaded to believe that
it was a religious duty to destroy
by force a proi_ erty recognized by
the Constitution. Can my honara
ble friend the Senator from Con
necticut read those lines ofcompul
sory repudiation in the Constitution
of the country which he and I are
sworn to support and will support
and not feel his confidence weaken?
Sir, what means it when we hear
speeches, and able speeches, deliber
ate speeches, eloquent speeches, pre
pared speeches, seeking to prove to
the country that all the laws which
form the basis to-day of the credit
oi the Government were passed by
fraud bought through Congress for
the purpose of making slaves oi the
common people to a moneyed aris
tocracy? Sir, those words, “ pir
ates” “ bloated money-holders,”
fortunate men living in ease on the
labor of others,” “ tyrants seeking
to enslave the poor,” these are fam
iliar words in the vocabulary of
American fanaticism and demago
gism and they have had their career
of blood and waste and terror. For
myself I stand here to rejoice in the
recollection that on no occasion un&
der no circumstances have I ever
taught either individuals or a peo
ple that there is any possible con®
tingency which can justify the dis
regard of a solemn obligation of any
kind. The first sin is not the easi
est committed. Tell me not that
there is no danger of repudiation in
this country —ay, no danger of agra
rianism and communism and cru
sades against property when the
country has written all over it in
letters of blood a chapter of history
which tells of nothing but a crusade
against property.
Sir, there is but one patriotic
course tor men to pursue in the high
positions of this country. Call back
if you can, the -people to an honest
renewed recognition of the obliga
tions of contracts and of covenants.
Teach the present generation, teach
all generations that unflinching
fidelity to obligations, fidelity to
constitutional obligations and fidel
ity to contract obligations, through
all trials and at any cost, is the pur
est religion the wise ststatesmanship
and the highest patriotism.
NEW ADVERTISEMENTS.
NOTICE.
I hereby forewarn all persons against hiring
one Ben Andrews, colored, as he Is undt r con
tract with me for the present year, and left me
without any provocation whatever.
M. G. HOWARD.
Feb. 19, 18TS, I
IN the District court Of the United States, for
.„, t 10 koythern District of Georgia. In the
omtter of James M. Home, bankrupt, In liank-
Notiee is hereby given that the Court of Bank
ruptcy called a second meeting of
f , M - Uol ne - Bankrupt, to he
Jf.Vi' S V I 3 o!Ucc the city ot Miuon,
Q ®;> °,n the mil day or March, A. i>. isis, at 12
o-°c k ’ ?*■' lor A ,lt ‘ Purposes mentioned in the
*‘3 Section of the bankrupt Act of .'lurch 2nd.
lbot. 1 Ills 16tii day of February, ist>
2t FRANKLIN ASKIN, Assignee.
20,000 Ihs. FINE MEAT
FOR SAUK.
PARTIES who can make acceptable paper can
buy and pay next fall.
*'■ " • kown.
STRAYED,
From the premises of J. F. Mendes, on or about
the lath day of January, a cow of a dark red col
or, with a white star on her face, and largc
lierns. Any person having seen sucli a cow v.'iil
confer a favor by reporting to me. charges will
be paid by me. j. F. MENDES.
c. <sc'{soisr,
Dealers in
Paints, Oils, Glass, Brushes,
Valentine's Varnishes, and llasin j’s Paints,
Third Street - - - - MACON, GA.
W. G. ASHLEY
Wholesale and retail dealer in
"WHITE PINE DOOMS,
SASH, BLINDS-
Mantels, Brackets, Balusters, Window Glass, Putty,
White Lead, Oil, and All Kinds Builders Hardware.'
NO. S. BROAD STREET.
Atlanta. Ga.
OLD RELIABLE
~W3 {1: Store
j. W. HIGHTOWER & CO.,
BARNESVIELE, - - - GEORGIA.
HAYING purchased a large stock of Drugs and Medicines, direct from the trade,
will continue a cash business at their old stand. When we say cash, we mean we
can sell
As Low as any Mouse in Georgia.
To satisfy yourself, come and see us. Our Mr. HIGIITOWEII is always i hand,
to till Physicians' Prescriptions, carefully and promptly, having a full kno .vledge
and experience in that department. We can furnish you
Medicines,
GtjEp/CAIS, J{flD YoiLEJ J\ t fffSGLES
Of Every Description.
PAINTS, OILS AND GLASS
A SPECIALTY.
In fact, you can get everything usually kept in a Frst Class Drug Store. WE
MEAN BUSINESS, Call and be convinced. novl-tf
II KAIMM AUTKItS! I
STIFFOEUIILBCK k EB.
are now receiving tbeir usual
MAMMOTH FALL STOCK,
consisting of
The best brands of Prints of all colors and shades, Dress Goods, Ging
hams, Bleached and Brown Sheetings and Shirtings, Bleached and
Brown Drill, Jeans, Satinetts, Tweeds, Cottonades, (lassimeres,
Plaids, Checks, Stripes, Osnaburgs, Bed Ticking, Cambrics,
Table Damask and Napkins, Irish Linen, Linen Duck and
Drill, Ladies and Gents’ Handkerchiefs and Gloves, Ho
siery of all styles and quality, Lace Goods, Buttons and
Braids of all descriptions, Ladies’ and Gents’ Bows
and Ties, Collars and Cutis—both linen and paper—
Combs and Brushes, Shirts and Drawers, Sus
penders, Hooks and Eyes, Pins, Needles,
Working Cotton, Spool Cotton, Sewing Silk,
Knitting Pins, Hair Pins, Traveling,
Soap and Perfumery, v. ologne Pomade,
Pocket Books, Root, Wood and Clay
Pikes, Umbrellas, Hardware, Ta*.
ble and Pocket Cutlery, Chew
ing and Smoking Tobacco,
Snuff, Candles, Starch, Soda,
Soap, Sugars, Coffees and Teas, Rice,
Crockery and Glass Ware, Hames and
Traces, an elegant stock of Clothing and Hats,
Boston and Baltimore Shoes and Boots (home made
Shoes a specialty) Corn, Flour, Meal, Bulk Meats and
Bacon, Lard, Syrup, Molasses, Salt, Mackerel, Iron and Steel,
Ilaiman’s Celebrated Plow Stocks and Plow Hoes, Haiman,
Brown & Co’s Celebrated Trowell, Steel Handle Hoes, Scovil’s genu
ine and patent Hoes, Singletrees, Heel Pins and Rods, Clevis
and Lap Rings—snd a thousand other articles
too tedious to mention; in fact we keep every
thing. We seli at bottem prices,
either for cash or time.
COME AXD SEE US.
tzr We have, In addlUon to the above, In connection with Mr. lb F. Reeves, one of the best
Merchant Mills In Middle Georgia, known now as Greenwood Mill, on Greenwood street, where
you can, at all times, swap Wheat for Flour, Corn for Meal, or have your grinding done prompt
ly, and satisfaction guaranteed. Our Mr. Reeves, with 20 years experience, has charge of the
Mill, and will give It his personal attention 8
Paul LllfP 5 *
(jy/r COTTON C/NS& PRESSES FOR STEAM ,
Jianommorse power, sorghum mills
etcxtc. n/eCUMR WJNVHIP & BRO.
ra ATLANTA.GA.
HYDE, SHATTUCK & CO. ====
MANUFACTURERS OF
BREECH-LOADING SHOT GUNS,
Revolvers and Pistols, Cun Implements, etc.
Extra Heavy Guns for Lung Range n Specialty.
i Cut this out and send for Catalogue | "□ A TUTUT Tl
and Price-List, enclosing 3 cent stamp. I -LI xXJLX JL-LILiJL/,
i Hampshire Cos. t Mu M.
Dr. W. T. Park,
OF ATLANTA, GEORGIA, has for twenty
five years made the treatment of all
Chronic, or (Hi! Standing liiscascs,
And .11 Diseases upon which other physicians
have FAILED a specialty, with a success unpre
cedented.
besides* he has, of his own discovery and pre
paration, an established painless cure lor the
fl Tl ¥ TT US' loliPiii.NK and i.AI'DA
II II I II Hn NU.M habit, and its cau
-8 m ses. (.1 MLVNI EKING sat
-1 1 U Irsisfictlon on three days’
trial.
.Mail to him a full description of whatever af
, llictlon you may have, and ton cents for reply.
!
GEO RGI A—P ik R Cou\t y.
Whereas Wm. M. Kendrick Guardian of Aman
da P. Kendrick applies to me, for an order to sell
the real estate belonging to the said Amanda P.
Kendrick. This is therefore to cite all persons
concerned, to be and appear at my olliee on the
tirst Monday in March next, to show cause if any
why said order should not he granted.
Given under my hand and official signature
this lath January 187S.
TANARUS„ J. B LASING AM E, Ordinary.