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7 THE WAYCROSS HERALD, SATURDAY, NOVEMBER 25, 1S93. His Talk Before New York’s Three Hundred. GOLD, THE ONLY MONEY 8TANDABD The United State* Government Cannot Set Up a Currency of It** Own and * Maintain Commercial Rela tion* with the World. New York, Nov. 23.—An the one hundred and twenty-fifth annual ban quet of the chamber of commerce in New York, at which 300 business men were present, the Hon. John G. Carlisle, secretary of the treasury, responded to the first toast of the evening, which was: Commerce demands and the honor of the country requires that the obligations of the United States shall be paid in coin cur rent in any market of the world, and that question shall be settled for all time and beyond controversy. • In opening the speech-making, Presi dent Smith took special pains to com mend the character of New York banks and their attitude toward the country* during the recent financial crisis. In the opening of his address, Mr. Car lisle referred to the fact that, in as much as our relations with other countries were snch as to demand a basis for our currency, fixed after a standard in ac cord with these countries, it was neces sary, to maintain our Hiatus in the com mercial world, to “preserve a monetary system substantially, at least, in accord with the monetary system of the other principal nations.” If our commercial Interests were confined to our own coun try, then wo might establish an entirely independent system of currency, but such was not the case. “But,” he said, “our commercial interests are not con fined to our own country; they extend to every quarter of the globe, and our people buy and sell in nearly every mar ket of the civil iced world. A very large part of our farmers, mechanics and other laboring people find constant and profit- I able employment in the production and transportation of commodities for sale and consumption in other countries, and the prices of many of our most import ant products are fixed on foreign mar kets. Without exception, these prices are fixed in the markets of countries having a gold standard or measure of value, either by express provision of law or by a public policy which keeps their silver coins equal in exchangeable valne to the gold corns at a legally established* ratio.” (■old I* the Money. He said there could be no international money without au international agree ment, but there must, from the very necessities of the case, always be a com mon basis upon which bargains are made and a common currency in which bal ances are settled. No one nation coaid determine for the other what that basis shall l»e or what that currency shall be. It coaid establish a currency for itself and for the use of its own people in their domestic trade, but the valne of that currency would be ultimately measured and conclusively fixed by the interna tional standard, whatever that may be. Gold, being the only international money, and all trade balances being set tled on a gold basis, and all other forms of currency being adjusted to that stan dard, it was “useless for the advocates of a different system to insist that this ought not to he so; it is so, and wo can- r.ot change the fact.” The gold eagles and double eagles were not accepted in settlement of bal ances simply because this government said they were legal tender, but because they were worth that everywhere when they were coined into any currency. The United States government, great as it was, could not create money that would be universally accepted. There were some things, however, which this governxnept could do. “It can,” he said, “in the exercise of its con stitutional authority, ‘coin money and regulate the value thereof,* suspend or limit the coinage of either metal when ever it is ascertained that the coins of the metals, of the same denomination, are of uceanal valne; or it can change their legal ratio so os to make them as nearly a nal in valne as possible; or it can main- in the parity of its coins by receiving them and their paper representatives in payment of all public dues and discharge all its own obligations in whatever kind of money its creditors may demand. Should Not Discriminate. A private debtor might, with proprie ty, and under sanction of law, discharge any financial obligation in any kind of money designated by the government as •legal tender; but the government must •ee to it that the money it issues and compels its creditors to accept is worth a dollar for every dollar’s worth of labor performed for it, and every dollar’s worth of the people’s property it pur chases. This, alone, authorizes a gov ernment to demand that its currency be so recognized between private individu als in the discharge of obligations. After declaring, that, in his opinion, the question of a single standard had been forever settled in this oountiy, Mr. Carlisle said: “This does not imply that silver is to have no place in our monetary system. What is to be the ultimate fate of that metal is one of the problems which time and events alone can solve^bnt for many years, notwithstanding all our legisla tion in its support, the fluctuations m its value have been so rapid and so great as to demonstrate the fact that it cannot be safely coined without limitations into money of final redemption at the exist- inent to establish and mainteLn astable relation between the two metals, and for this reason, alone, if there were no oth ers, we are bound to place soma reawm. «ble limitations uponthe « much ofitcan be safely coined, and upon what conditions it can he safely used, are questions unon which there will be wS£dSSmoeiS opinion; but after all that can be said on both sides, they will be finally deter mined by circumstanoes which cannot now he foreseen, and by the natural in crease of our population and the natural growth of our industries and trade. “It is enough to say at present that wa have already on hand a stock of silver, coined and unooir^L sufficient to meet all the probable requirements of the country for many years to come. The mints of the United States have coined 419,332,550 standard silver dollars, and we now have 140,699,760 fine ounces of silver bullion, which, at the ratio of 16 to 1. would make $181,014,841, or $601,- 247.391 in the aggregate. Besides this, we have $76,977,002 in subsidiary silver coin, which is legal tender to the amount of $10, and is by law redeemable in full legal tender money on presentation. Our total stock of gold coin and gold bullion is $050,167,949. A Deep Interest in Sliver. “Being the greatest silver-producing country in the world, and having on hand a large amount of silver bullion, the United .states cannot be otherwise than deeply interested in every measure designed to enhance its value and in crease its use as money upon a safe and sonnd basis, but we cannot alone main tain its unlimited coinage as full legal tender in opposition to the policies of Sie other great nations of the earth; and the country is to be congratulated upon the fact that wo have at last placed our selves in a position which enables us to preserve our own monetary system in tact, and exercise a potent influence in any movement that may be hereafter made for the permanent adjustment of this very important and difficult ques tion. “It is a great mistake to suppose that the supporters of our recent legislation upon this subject were animated by any feeling of hostility to the continued use of silver as money to the largest possible extent consistent with the stability of our currency and the preservation of the public faith. The wisest and safest friends of that metal are those who have had sagacity to foresee the inevitable effect of its continuous accumulation in the form of bullion in tho vaults of the treasury, and the courage to remove from the statute b , ook au experimental law which from the time of its enact ment was a constant menace to the wel fare of the whole country.” MAKING GEORGIA LAWS. Governor Nortlien Vetoes » 11111—1Soino Bills Passed. Atlanta, Nov. 23.—The governor re turned to the legislature witn his veto the bill of Mr. Freeman, of Troup, to authorize attorneys at law and agents in money demands to make affidavit to the best of their knowledge and belief. In liis veto the governor says that the bill is against the settled public policy of the state as set forth by the supreme court in the 66th Ga., Drake vs. Daw son, page 176. He said the bill would, in his opinion, open wide the door for loose swearing in certain cases and would do more harm than good in the admin istration of justice by the courts. There were passed the following house bills: To amend au act governing the analy sis and sale of fertilizers. To amend the act incorporating the State Savings Association. The action of the house in refusing to pass the bill providing for pensions to widows of soldiers who have died since the pension act passed, and who may die hereafter, providing that the beneficiary was the wife of the soldier during the war and at the time of his death, and that his death was caused by wounds re ceived in the war, was reconsidered, and the bill restored to the calendar. A resolution providing that no now business shall be introduced in the house after Saturday, Nov. 25, was adopted. The senate has passed the following bills: ' Providing for tho payment of salaries to county judges when the grand jury fails to tixtit. Amending the oath to be taken in ap peals in forma pauperis. Appropriating $1,500 to the deaf and dumb asylum. The legislature will probably attend the Augusta fair on Thanksgiving day. Wants England** Navy Strengthened. London, Nov. 23.—Lord Charles Beresford, formerly junior lord of the admiralty, says that the navy of Great Britain must be a third stronger than any of the combining fleets of her two possible enemies, France and Russia. He proposes the expenditure of 22,086,- 000 pounds for the construction of six ironclads of the royal sovereign class. 12 battleships of the Barfleur «i««* 10 cruisers of the Blake class, 50 vessels of the Havock class, 30 torpedo boats and 10 new-class ironclads, designed special ly to destroy the enemy’s torpedo stations. DAILY MARKET REPORTS Naval Store*. J . Nor - firm, ■trained. «mod utratna l. HCU: turpen tine steady at 2pK: tar steady at Si.10; crude turrenttae steady; hard. soft and vir- rfAVAHKAU. Nor 22.—Turpantlud rfo»ed rosin firm and in good demand. Produce and Provisions. Chicago, Nov. 23.—Cash quotations were as gltojr* Lira. R57 08.(0. Short ribs, loose. 7.85117.50. Dry ■alt shoulders, boxed. 6.75&7.09; sUorC sides boxed. 8JS&8.37I4. Cincinnati. Nor. 22 —Pork easy at S13.50. Lanl quiet at 7.90. Bulk meats quiet: short ribs ..73. Bacon nominal; short.clear 9.5039.75. Chicago Market. . __ Chicago. Not. 22. Wheat-Cash. ; May. C7**;Dec. 6L« ^csst iate Rite—Jan.. 6.37: Oct. 6.53. Lard—Jan.. .673: Oct. 7.63. Liverpool Cotton Fat ares. JSSSSSir. January and February 4.202 February and March 4.21® March and April 4 1 April and May. 4 August and September September and October . Qctobcramk November.. December and January......... ......4,2Qj|4. New York Cotton Futures. NswYobk.Nov.21. Sales. 121,600. Middling*. Short Line to The World’s Fair. Through Pullman Buffet Sleeping Cars Tampa to Nashville, via Atlanta, connect ing in Union Depot at Nashville with Yesti- bulcd limited lor Chicago, making Shortest Line and Quickest Time from all points in Florida and South Georgia to World’s Fair. Pullman Buffet Sleeping Car Tampa to Atlanta, connecting in Union De pot with R. tk D. Vestibuled ’Limited for Washington, Philadelphia, Baltimore and New York, with Pullman Buffet Sleeping Car for St. Louis, via Western and Atlantic R. R., and with through Pullman Buffet Car Sen-ice via G. P. for Kansas City via Birmingham and Memphis. Sleeping Car on Sight Trains from Macon and Palatka." Passengers leaving Palatka can remain in Sleeper at Macon until 7:00 a. m„ where breakfast can be had and connections made with 7:40 train for Atlanta, and trains for Augusta, Athens, Milledgeville, Montgomery and Sa vannah, and all points East, North and South. H. Burns, A. C. Kxafp. l'rav. Pass’g Agt., Traffic Mgr., Macon. Ga. Macon, Ga. APRIL 16th, 1893. GEOROIA SOUTHERH&HO FLORIDA B. R Condensed Time Table. STATIONS. ..Ccrdele. ...Tifton.. ...Valdosta .....Jasper. ,. Lake City ..Jacksonville.... Waycross Air Line Railroad- Leave Waycross daily except Sunday 2 00pm ArriveWaltertown ** “ “ 230 pm “ Elsie “ ** 330 pm “ Bolen “ “ ” 00 pm ” Beach “ “ 30 pm “ Sessoms “ “ “ 530 pm . RETURNING. Leave ? essoins daily except Sunday 530 Arrive Beach Bolen “ Elsie *’ Waltertown Waycross ’* CIO am 640 am 710 am 740 am 9 00 am THE MUSIC HOUSE OF FLORIDA. HANIER,!:LANE&i COMPANY, Successor to A. B. Campbell. We will sell and deliver at your nearest sta tion first-class PUPS ID OBGflHB— Fr-W«»»onev than any house in the State. \ *v.x,. 11 merits to be.as repre sented. newii any honest man not satisfactory Gash or on Installment. Jacksonville, - - - Florida >hip Piano or Organ to • woman on trial and if vc will pay freight both J. H. OPPENHEIM & SON. AUCTIONEERS AND Commission Merchants. 5 AND 7 WHITAKER ST. V SAVANNAH, GA. Regular Sales Days, MONDAYS and FRIDAYS. WonflerfDl tile preserver UK MU IT ALL CTJOeiSTS. K POSITIVE CURB FOR Consumption, COUGHS, COLDS, CROUP BRONCHIAL AFFECTTIONS. MANUFACTURED 1 Life Presener Medicine Go. W AYCROSS, GA. Gitjf n°ft ce * The Books for the collection of City Tax for the current year are now open. All Tax Payers are hereby notified to come forward at once cDd pay uj», there by saving the expense <»i au EXECUTION. Bv order of Citv Council. W. F. PARKER, City Tax Collector. Office cor Parker and Elizabeth ste. Hours from 8 a. m. to 12 p. m. W. W. WALKER, QUITMAN, GA. General - Prodace - Merchant DEALER XX Coiatry Pndici if til kiids. 1000 Bushels Com for Sale BACON. L.\RD, OATS, Pinders, Chickens, E, ou hand at £ Don’t Neglect This Opportunity to Secure a Home. Wilson Street. Parallel Street. 1 L J. E. Wilson H.W.W. Hutch ngs. Ulmer. Brown. ccim-house Albany Avenue. Brunswick and Western Railroad. The above map represents the land offered for sale by the WAYCROSS LAND AND IMPROVEMENT COMPANY, all the lots fronting on good 60 and 50 feet streets, and a 10 foot alley in rear of each lot. Each lot contains about one- quarter of an acre, and may be paid f;*r at five dollars per month; and when parties propose to build at once, payments need not commence until the buildings are up and the lumber paid for. The lumber can also be bought on the installment plan. M pi.v to HENRY W. WILSON, Waycross, Ga. Cor. Albany Avenue and D. St SAVANNAH, FLORIDA & WESTERN BY. IVAYOiiOi-S SHOUT LIFE TIME ( AiiU. talietiitle of Til nstiTivins lo FlorMaiiiid So. Georgia, GOING SOUTH—Read Down GOING NORTH—Read Up. 8 10pm 10 20pm 12 30am 7 20am 10 40am 8 25am 1115a ml.. 4 28am’.. 6 25am!.. Cor. to July 2, 1S93. . 8 28am 6 10am La Savannah Ar 12 09pm .11011am j 8 00am Ar Jesup •jll 14am, 9 15am Ar. Waye . 11 30am Ar. Brunswick .j 2 10pm I Ar. Albany . 1 15pml2 OOn'nlAr Jacksonville . 5 55pm 5 53pnvAr. Sanford .1015pm 10 20pm! Ar......... Tampa JlO 55pm 11 OOpmlAr. I’ort Tampa J 3 35pm Ar. Live Oak 1 1 Ar. Gainesville .! 11 28pmlAr.. Valdosta —... .! i 1 02pm;Ar. Tliomasville .1 1 3 25pni‘Ar Montioello .‘ 2 23pm'Ar >Cambridge . * 1 Ar Cha ttahooehee... J ! |Ar ....„Macon......... ! ' ; Ar, .Columbus J j Ar Atlanta ........ j 8 40pm!Ar Montgomery... .! 3 05nm’Ar -Mobile .' I 7 SoaiwAr New Orleans.... .LvlO 28am .Lv| 9 15am ..Lv 7 20am ..Lv 00am ...Lv; 115am .Lv' 8 00pm ,Lvj 7 30pin ..Lv; ..Lv ..Lv 8 32pm 6 20am 6 25pm i 3 20a in 5 15pm 1 OOani ..if. I j 3 45pm 2 00pm j 6 20pm 7 55am ! Lv' * ! 5 50pm 8 00am' 3 00pm 3 28pm' 9 23pm 21 Opin' 7 25pm 11 45am | 4 30pm 12 57pm‘ ! 5 13pm ‘ ' 3 40pm 10 55am .. TO 15pm 1 J 6 50am ...Lv' | 7 50am j 7 00pm —Lv 7 30pm. 8 35am ...Lvj 12 20am ...Lv | 7 50pm I No. 19 leaves Savannah daily, except Sunday, 3:55 p in. arrives_Jesup 7:20 p m, No. 203 leaves Jesnp daily, except Sunday, 4:25 a m, arrives Savannah 8:35 a in. These trains stop at all stations between Savannah and Jesup. SLEEPING CAR SERVICE AND CONNECTIONS. Trains Nos. 35 and 14 carry Pullman cars between New York, Savannah and Port Tampa. No. 23 carries Pullman Sleeping Cars Waycross to Nashville, Ixuiisville and Chicago. Train 73 carries Pullman Sleeping Cars between New York and Jacksonville. Nr*. 5 carries Pullman Cars between Savannah and Chicago, and on Wednesdays and Sat urdays No. 5 tarries Pullman Steeper to Suwannee Springs, and on Thursdays and Sun days the sleeper returns from Suwannee Springs. Train No. 5-connects at Jesup for Macon, Atlanta and the west. Train 23 connects at Waycross for Montgomery. New Orleans. Nashville, Cincinnati, St Louis and Chicago. Timmjsh Pullman Sleeper Waycross to Chicago. Train 23 connects with Alabama Mid land railway for Montgomery and the southwest. Tickets sold to all points and Sleeping Car l>erths secured at passenger stations, and ticket office. 22 Bull street. K. A. ARM AND, “City Ticket Agent. R. G. FLEMING. Superintendent. W. M. DAVIDSON, General Passenger Agent. MmiLMBUMM. A HHf Fire, i 0 schedule in effect July 9, 1893. SLEEPING GARS JACKSONVILLE TO CHICAGO Without Change or Deity. S0M1EB EttlSSIM iOBLD’S FAIR. £▼ JaeksoBTilte, 8, F. SW. LtMmob, * ArMta, Ar Chdtu _** Cincinnati, C.H.4D. LT •* A “ Ar Chicago, V (Xenon) ~ P 1, Batter, Etc., times. All orders promptly filled. Correspond- :nt solicited and satisfaction guaranteed. SOLID YXSTIBTXED train* t “MPMPOAB YALLXY ROUTE.” Lt Jyk’rlll*, 8. FAC W. “ jErJ£*t!T.V.4tG. Ar Atlanta,}UnionV* Lr l Depot J Lt I^xlartoa, Q-AC. Ar Chicago! »ront— j LTdacintt f Choice of l Ar Sthools V 4 route*, j B.K. ,*» •*• *% QUITMAN, GA. WHOLESALE AND RETAIL DEALER IN Heavy anti Fancy f GROCERIES, Country Produce of ill kiods. Orders solicited and satisfaction guaranteed. Special Attention paid to Packing and Shipping Goods. For S?Ie. My cottage at St. Simons. A. M. Knight, jne 20, 9ttl & ltw Waycross, Ga. Lagerine 13- * Drink Lagerine, That Great Health - Giving Drink 11 Manufactured by FRED FICKEN, Proprietor Enterprise Bottling Weds, WAYCROSS, GEORGIA. J. M. TYLER, 4^ •p Dealer in Country Produce + r r ^ General Groceries 9 + QUITMAN, GEORGIA. wmi. i x nniuce, vnicsens, tggs, t oia- toes&c. They will receive prompt atten tion. All goods delivered F. O. B. Hitch, Powers & Co QUITMAN, GEORGIA. , WHOLESALE COUNTRY PRODUCE And Commission Merchants. Corn, Oats, Country Hams Lard, Chickens and Eggs. Brooks Cocxty bvitup a SPECiAtTr. MEAT MARKET HENRY T. WILLIAMS, BEEF, PORK, SAUSAGE • AT AT.T. TIMES. Gir.Plut Its. ud Brmwiek Straits SATISFACTION GUARANTEED. The Best in the Market at Reasonable Pric