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’ THE MACON TELEGRAPH: FRIDAY MORNING, MAY 24, 1895 R. C. WILDER'S SOUS 00., MACON, GA. Contractors and Manufacturers of Sash, Doors, Blinds, Moulding, Turned and Scroll Work. ' tmnber. rough and dressed. (hinder. I aths. and dealer* in mixed painty lead Mia, lima, pluter, cement and builder*' hardware. V 114 TO fa VHIRD STREET. ' I * ' (Continued from page f .r gold alone baaed upon the ak*umotion that the relsMuns between nuoply and demand have not champ)-!, that there line been no diminution of the coat of production and distribution. that the fa- ditties for effaotlnq finanrlal exchar *** tumi not boon Improved, and. In brief, that the world baa made no pro<re*s In tiie conduct of «* Induatrial and com- imfctal operation* for more than twen ty yeara. TOO ruromptlon la BO inconalatent (vl I h nvell known eoonomlO awl hlo- torlcal facta that it deems scarcely mrrtb while to give It a aerioua con sideration. Reductions In the pricer of commodities' are generally due to so many different eauae ttoat It Is scarcely ever possible to ascertain the extent of their separate influence#. I presume, however, thlait even the most ardent advocate of free coinage would be twilling to n<T<nlt that the Invention of laibor-mvlo* machinery, the extenalon of our railroad systems, the improve ment of our water ways and the great reductions In the rates for carrying freight, the employment of steamships, the use of the telegraph on the land nnd under the sea, the application of electricity In the production of light, heat and power, the utilization of by products which were formerly wasted, tlie Introduction of more economical methods In the processes of produc tion, the wonderful advance made by, our laborers In skill and etne.lcncy, the greatly rnduoed rates Interest paid for the use of capital, and many other things which It would require much time to enumerate and explain, have affected price* In some measure, at least, and yot they Ignore a<l these great influence* tn their argument upon tit* subject and attribute the lower prices of commodities tn a single alleged and Inadequate cause—the ap preciation of gold. I -presume,' also, that our free coinage friends 'will ad mit that if y the change In .prlcea has bten caused entirely by tho apprecia tion of gold, the reduction would have affected all thine* alike, beoauae It cannot be denied that. In the absence of other Influences, gold muat bear the same relation to the price of one article that tt bears to the price of another. Dut wo do not And that the prices of oJI things have been reduced In the same proportion. nor do we find kh.at the prices of all things -have In fact boon reduced. lit would require fur more time than could be devoted to the subject upon such an occasion aa this to dlsouss the subject of prices In sll Us details, nor ta It necessary to do so for tho purpose of this argument, because a very fuw Illustrations srtll serve to show the weakneas of the contention that the decline Is due alone to the apreol&tjon of gold. In 1M1, 1892 and part of 1S91 I had the honor to a.-rvo on a auto-eommlttce changed by the senate of the United (hates with tho duty of ascertaining she course of prices and nvagea of la bor n» long a period o» authentic rec ord# would enable u# to embrace In our Investigation, and, afiter a most thorough and Impartial examination of tlie aubeot. a report iwos made which till* four largo volumes and embodies a intsa of Information which cannot bo found In any other official fPrill. A* to the course of prlcea and wages the commute* was . unalmoua, though there were differences of opinions smonff tho member# as to the eausew that had from time tp time produced Site changes. Tho prior* of many ar ticles and tho wage* of tabor In many occupations were ascertained ■luring each years* far back as 1840, and for the purposes of comparison the price* of commodities and tho wages of labor In the year I860 were adopted ns the standard. The Bum- clency of the reaeons for- selecting that year rather than any other will not, I think, bo questioned. There were no great financial or other disturbances during that year, business was In a normal condition in alt porta of the country, no chaug-s had been made in the monetary syutems of tho world lor many years, tho United States wan using gold as the measure of value, Just as It la n<w, except that there ■was no legal tender silver In circula tion a* there Is now, the people were , prosperoue and thi prlcea of eommodl* • glee and .tho avaBe* of labor were fairly ' adjusted 'with relation to each other. At the time when this Investigation •was made all tho legislation In regard to silver now epeciucaliy complained of had been retxunpHhbed, and If prlcea or wages hod fallen thero as as much reason to attribute the reduction to khat legislation as there la now. Ample time had been afforded for Its effect*, If tt hiW any, upon prices and wages to be felt, and tho faot that tho Inves tigation was not mado "for the purpose of lnfluanctnu legislation upon the all- ver question ndua to tho value of Its results. In the first pCnco the committee unan imously selected 233 article* In common u«o watch It was agreed conetltuled the great bulk of tho consumption and CMpoudlturca of the people, and theso llrtlole* were separated Into right clan—8 or groups; that la ctothea ami clothing, furl and lighting, metal* nnd implements lumber and house building limbs!ala. drug* and chemical", house furnishing goods, and miscellaneous commodities. It was found that the prlcea of articles of food, taking them altogwher, had fallen Ire* than ten per rent since ls73. while the prlcea of clothes and clothing had fatlch 81 tier cent; fuel and lighting nearly 24 per cent.; mctala and Implements, S3 per cent; lumber and buMdtng materials, nearly SO per cent.; drugs and chemicals 31.per cent.; houae furnishing goods, S? per cent.; and miscellaneous articles 80 tar cent The price* for the year 3S60 being taken ns the standard were represented by 100, and Increases and Decreases were shown by deviations from that number up or down, os the cos* might be. Tho lnraatlgsllon Showed thou at the time It was made arttdm of food stood at 103.9 or nearly 4 nfr cent, higher than In 1880; clothe* and clothing at Rl.i; fuel end lighting at tl; mctala and Implements at T4.0; lumber and house buldlng materials at 1823: drug* *n<l chemical* at 8«.3: house furnishing goods at 70.1. and mlacelU- U»oo* arttele* at *8.1. Theee results of 1-. tavestlcsXon establish three tacts which have an Important bearing upon the prreent controversy. The flrit fact ostablshed Is that the prices of articles of food which are the products of the farnw, garden*, orehoda and dairies of the country, were about I per cent, higher than they were In the year 1S60, long before the stiver legislation now complained of; the second l». that the rail In Chin price* of these farm products since the year 1811 has been much lew than the fall tn the prices of the com- mndlttei the farmer* have to buy; and the third la that the reductions tn pries* have not been uniform, either as tn particular article* or groups of arti cle* and thwefore cannot be attributed to one *r».*fc« same cause—to the ap preciation of gold, for Instance.' The conclusion I* inevitable that va rious Influence^ have operated to pro duce these changes tn price*, some effecting one group of articles and aome onotlher and doubtlee* some af fecting all, but to no one Influence can the whole result be attributed. Cotton and wheat are the commodities most frequently referred to by those who contend that the fall In price* Is due to the appreciation of gold, but there I* nothin; iwhatver In the methods of producing those articles, or In trans porting or selling them, or In the char acter of the money ree -ived for them, which would make the appreciation of gold alftht their price* more than It would affect the prlcea of other com modities reduced by our people. In ad dition lo the various causes which hove more or less affected the prices of all articles, the prlcea of these two prod uct# have been seriously affoctral since Idle year 1872, which was the last crop year preceding the legislation In re gard to silver. The production of cot ton tn tht* country In 1872-73 was 2,072,351 bale*, containing an average of 420 pounds net weight, while the production In 1803-94 was 7,549,817 bales, oontslnlng an average of 439 pounds net weight, or an Increase of nearly 200 per cent. In this country alone, besides the great Increase that has take plno* In competing counlrlea; and In 1894-95 the production here svaa much larger, being nearly ;80,000,000 •bales. According to the statistic* of the agricultural department, the pro duction of wheat In this country In 1872 was 249,997,100 bush-la, and In 1894, 460,287,416 bushels, or nearly twice ns much, and there has also 'been an ’enormous Increase of production lu competing countries. Bui, gentlemen, notwithstanding the great .Increase In the production of colton and wheat, here and In other eoutrlea, nnd the consequent decline In their price*, a given quantity of either of them will now purchase In our own markets and In tho markets abroad a larger share of many other useful commodities than It would have purchased In 1872 or 1873, so that, In fact, as compared with many other things, the values of cotton and wheat have appreciated. The on* thin* whfoh has been lees at tested by the changes In the relation between supply and demand, by Improve- menl* tp the methods of production ana dlstrfbutlcm and by the other Influence* wMcb produce flixttunllon* In prices or ©ommorlHIe- generally, Is labor, nnd at la by far the most Important single source of income possessed by our people, a much larger amoun t being expended overy year In the payment of wages than tor any other one purpose. The cost of la bor In the roimufttoturins and mocnani- eal -Industries alone during the census year 1889 waa 82,283,216.529, wraen was nearly two un<2 one-hi: If times She value of all the Wheat and cotton produced tn tht* country; and tf we add to tins the amounts paM for fsnm labor, for clerical and other work tn mottamtlle **• tablMvment*, for domestic service and for work on railway* of all kinds, on wafer craft, on street* and other improve, mont* in the cities. at*1 In many other °e. cupatSooi which give employment to our people, we wjmld have u eum utmost, ,|t htot quite, equal to Oho value of all our agricultural product*. It ta evident, there fore. that « the siHogeit depreciation ot goM atone.haa cased a reduction tn prices, the wage* of labor, the greatest commodity In Oh* market, should have fnl|*n since 1813; but exactly tho reverse l* true. The tove*Ugotl©n» of stile *uo- Joet by the eub-commtrie* covered a pe riod of fifty.two year* and embraced all the occupation* tn WhVh our peoplo were en**4t«1, and live (act, unamhnouirly found, was that, although eighteen years httd elapsed sh*e* (he riSver Inxifietton. (he wage* were higher than In >872 or ini wages were found to be nearly el ptr cent, higher than in I860, which wa* thirteen yrans before the eUver legisla tion, and more than 8 per cent, burner thin In 1873. when that legislation was adopted. The argument *h*it (he reduction ot price* Is due to tbe appreciation of goto wecearartly based upon the further as sumption* Mist <h* lealetaKon in regard to silver has produced a scarcity ot re- drinpcSon-or metafile money In the worm, and that prices are fixed am regulated by tho amount of auch money tn ctrculi- tton. or available for clrctftvlkin. Benner of the** assumption* are Justmed by tn* fact*. The most exhaustive efforts have been made from time to time by tne treasury department, through the director of the mint, by careful ezumtnattlon* ot the monetary storiatlrs of other coun- triee. by cotTcspoffdewco with our con sular sad iBpkimatlc representatives abroad and wfth foreign financial authori ties. and ontiemrts*. to ascertain act ual amount of gold and stiver u*si as money la the world, and the result cf.ows that there Is now more gold and stiver In the aggregate, and more of cseh ot thorn. In use as full legal lender money than there anas at *iny other time In tn* history of tho world. Tbe gold tn ue# a* money amounts to $3,9®.<*»,uro, tn* full legal tender sOver amounts to 83.VB,- Sfo.om, and the limited legal tender Oliver amounts to 809,900,000. The fsxscy ot malutalnksf, or rsttthcr attempting to maintain, the eowaUst double standard ta-ver succeeded tn keeping so large an amount of full legal tender silver In ctr- culiatlon In the workl os there h at tine time, and on* c< the principal reasons for (hat *s that the effect df .the policy was to driv* first the coins of on* metal kite the coffer* of the hotuviere or brio the melting pot*, beraame they were un- dervehicl in the oolp*ce V*w* end would pot remain In use aa money. 1 attach very Httl* Imptnoncs to to* per capita argument, because the amount of currency required in * country de pend* mainly upon the volume of burinee* to ts transacted anti the customs of tne pfloplo tn conducting their exchanges, and pot at all upon the number of men, wo men and cMMrcn resUtng In tt, but, a* there or* a gnat many who believe that the circulation should be regulated by the census return*, tt may be worth white to State that the prvxliaitton of gold alone tn 1890-and It Is much larger now—was nearly two and one-half tunes greater then tho average annual production or gold and eUver both during the decade which closel with the year IK0. In l«uo (he prpuhiUon ot all the countries in Bhirep* o«id Amorkxi waa 197.WNXU, and tho prelection of both goM and shyer amounted to 221.49 for overy hundred in- haliKant*. while In 1690 the population ot the earn* countries was 408,139, Ml. and tbe production of god I alone wee 8UWH9,- 000, which amount'll to *0.46 for every hundred InbObnnms, or 8» tents more for each hundred people than w»s fur nished by both mettds during each year la the former doewde. In !S94 the popuu- tton of these court* Ire wus 485,190,841. ana the production of goil alone was 1*2,236.- being *39.41 for each bundnlt mhatn- etnt*. cr 27.02 more for each hundred preple th’*n tbe total of both metal* dur ing the test decade of the taet century. If. therefore, the people «f iouevgie ana Amerx* had need o» money *27 the gold and ah tbe stiver annually produced in th* world one hundred pent* ago. they »ouM not h*v* received ** hm a per capita addMon to their stock of money as they wouM recetie now by acting the gold alone. In view of Must facts, I submit that the diver tegialatton or 1871, im and 1876 bar not <Sbn!n»t»el joe world's supply ot metallic money as com pared with former Uni. , and prevented the elntch- goM wtsndrml oouotr.es from making an great »o annual srilttlon to their dock of im-tatltc currency. OfflctaJ mcmmvry etatttetkrs ehowr (h»t In the gold ekwidard countries of «ne worM the a to** of money are much largor ;e>.r «i3ia thn n In the stiver aun- dard *vunbte*. Taking t2>e targe gold standard countries and the large Stiver standard ooi:r/It appeora that in 1891 tiio attrk of money In Che Catted States was over 83 per capita. In tne Unite*! Klnvdom nearly 220, and In Ger many rowdy lie, whiles to Mexico tne per eapfU nvao 94.7b In Russia and Fin land 11.32, and In China 33.26. The gold standard countries um large amounts of saver aa money, but th* silver etan- druri countries use no gold as money, sod cannot do so for the reasons l nave already endeavored to explain. But, gen tlemen, for th* reasons already Mated, the conimercfait trattons of (he world do not now require the some proportion or metallic money tn the translation of their business that they required a few centu ries ago,’ or men on* century ago. Credit has been vastly extended and the u*e or paper In the form of note*, check* end bill* has sfmost entirely displaced me tallic money hi the dally business of tne people, and aa long aa these lorms or oredtt are kept equal In value -to tne metallic Standard, the effect upon tne prices of oommodftle* Is prsdeely tn* ram aa If the whole volume of circulation conrided of standard coin, tor, as tong aa equality in their value can be main tained, the paper representatives of tne dollar perform exactly -the eagle office in the exchange of cutmnodfties that cola dollanj them reive* would perform: but If thl* equality Is destroyed, the paper ts discwdUted, ft* purchasing power W dtirrinSshed, and the peep’* home no longer a Stable measure of value. One of 'Ob* rooet effective arguments made hy the advocate* of free coinage, In some part# of tho country ait Iea®t. la thmt the Tieapie ore In debt, n n d tnat tt l* the duty of the government to relieve them by euch legislation as WEI enable them to procure cheap morrev for the pur pose of dlKthanrinig their obflfstl-ne, end In support of this argument the urest exasoeorated wtatemenSe are made aa to the depressed «nd suffering condition of our f anmere, wage earners, and other pro ducing ehuwes. This argument concedes that under the proposed syotem of free coinage *1 tbe ratio of 16 to t. ail tno vi-Wme IrtnHa of currency In by the people, Including the silver dollar Itself, won! 1 be worth Vo* then It ie now, foe. of course. If Uhl* Hi trot to be result, money would be no cheaper then It te now. To amort that th* people are In debt |* sim ply to nay that they have traded with each Other cm credit, that one part of our fellow cCtIrene. rriyf.n>g upon 'the Integri ty and fln*neMI standing of they neigh bors and acqualtaneCs. have lent them money on time and sold property to them without demandtoff Immediate payment in en*h, and'that In this way they have enable! many people to carry on n. use ful business and Hve In comfortable homea who Otherwise could not have done eo. If tt Is a crime to lend money to a roan who wants to borrow It or to Belt property on credit to a man who wants to purchase It, and has no ready mbney to pay for it, let (ho perpetrators oe properly punlthod, but let us not Involve tho whole country tn confusion and dte- ustor and Immolate tho Innocent and guilty alike In order to punish the real Offender*. If Our people are In debt they owe each other, and, consequently, about ns many would be actually Injured as would be apparently benefited by scaHnS the obMgaltlon* down to a stiver etnnidatd. The Indebtedness of the farmer*, me chanics and Other laboring clhaem of poople, although large In the aggregate, Is quite email tn comparison with tno Whole Indebtedness of th* groat rotfrcwKt aud-mnmrfactmfln* corporations, the na tional and Stato banks, saVlns Institu tion*. trust companies, insurance com panies. building aeeoclattonb and other organlxatlons engaged In fthnnclal and commercial enterprises. These various organlr.itCCns are indebted to the people to the extent of many bKJlOn# of dotlars. and while tt la true that many of tne people are also Indebted to them, their debtors and creditors are mot tho same persons, ami, therefore, the debts cannot be set off against each other and extin guished In that way. I deny that there ll any ms* tiring ns a dJsttnet 'debtor clasa" In this country, for. White nearly overy "bnp owes tome debts, large 1 or small, nearly, every one hns also Some debt* owing tiFhJm; In other words; he Is both debtor and creditor. The labor ing people, as a general rate, aw* very little at any one time, while their em ployers are always tndebtel to them, because wages are not paid in advance; and besides, many of them hove small deposits In savins# and other tanks, tn tirurt companies. In butktin* uissoctattons, and largo irumbere of thorn have their Hvo* Insured (or the benefit of tbclr wives and dhltdren. and consequently they ore creditors of the banks ani9 in surance compare**. The savings bank depositors In rets country lest year num bered 4,777,687, arid tho wives and chjwren of th* depositor* who depnded upon these accumulated earnings for future aupport doubtless numbered 10,000,000 more. There wore 1,925,340 depositors In the national tank* Ust year, *n*9 t,724,077 of them had deposits of less than ll.ooo cron, smite state and private bonk* and loan and trust companies heJd deportlti for 1.436.tB!l people. Our tt to insurance companies, to S nothing of companies Insuring Prop- against loss by fire and otherwise 7MJuO policies outstanding laet year, upon pWHMi the premiums had been paid, or were betntr paid, by the people, and tho mutual benefit and assessment companies held 3,478,100 members- The building arid loin association* hold nearly 2,0(0,000 members, all of whom p*Jd (hair money to a* required by the rule* of the body to Which they belonged. Here, then, sro about 31.000,000 of our people, gen- crally poor, or at least people of moder ate means, who Wave given credit to theso rrcut corporations end companies, end, In my opinion, tt would be a grievous wrong to adopt any policy which would deprive thorn df’ the legwl right to de mand and receive Just so pood money as they parted with when they tmde tne deposits In the banks or paid fhe pre miums on their insurance pofictes. in* hard-earned raving* of the poor ought not to be sacefdced to th# avarice of tno wealthy mine owners or th© utnbttlon ot aspiring poWJchuis, and if th* people who hare a substantial Interest tn the welfare of the country and a Just appreciation of their responettomtos as ettigens ana exert their proper Influence In public at. (sin Chi* great wrong can never bo per petrated. Mr. President, but little remains for mo to eay before bringing there remarks to a conclusion. It 1* wot my purpoeo to discuss upon this occasion tho various propositions which bare been ttuule from time to tiro* for th* tmproretacsrt of our tanking svetom. cr fbr the retirement of Unltet States notes, because «h* ques tion's Involved in them arc eo important and eo huge that (hey cannot be property corrsldcecd In connocOon with tho oubjeet to which my time boa been devoted, we hare an abundance of money to this country for Ml the purposes cf trade and the dtriurtutnece and hard time* of 1*93 atvl 1SH wort not caused by a scarcity or contraction of th* currenry. but by a contraction of credit resulotrw from a lack of confldonco tn the stahtsty ana value of our currency. So fir ms to* mere volume of our currency ts concern ed, we had then tad hove now an ample r fo> urvlef the exist buy system tt Is not prep- rely .Itstrtoutal and Is not aufflrientty elastic to meet all the changing requtrv- changing require- mente of twslntsi tt different period* or the war. Tn* Unit*! Btwtee rttouM go entirety otri of the tanking busmen By the withdrawal of tt* atbttrary «n.l com- puleory lewuee ot notes and afford to* people an opportunity to supply their o»n cummer basal upon their own means or crttVt, tirxs enabling every community to utikx* lu own resources when necessary and «u2ju«t the c^ro'Jkaitlon from time to time 40 (he tactual denvantts of ie^tumu-te oocmnerce. In vrn&i way (his tfoall oe .locompArtred ie a question vntitch Iris ai- r^a- - ! uiie - n ud u-rM-niton ot tJvi people vr-H pubile surihoratle-:, an*i It ^ill no douWt oo-ntlnixe to t* lnveeu?gateci and dt»*u8sod until a plan te formulated w*hlch,if n<>t perfect,-wli: at leaM fiave the merit of ibelng ft greet *mprcrv«mervt upon the extetinS frywtwn. In the meantime our hSfs'hsl duty Is to preserve (he pres ent «tan*IaT»l ot va^ue, ■maiJTvtaJn tho par ity of the two metals, and keep ail tne money In ofrcuflfttlon among the people, whether ft be gold and silver coma, or paper based upon them, ejjual In ptfrohae- inf? power, m> that no dlaatfroflntKioo will or can be made between those who re ceive eHrcr and paper eivt thowe who re ceive gold. A great government anouxi ck» nothing <o <J1ecr»lK He own owi®a- tiottfl or dfmlnfteh the value of the money hi the hand* of It* cttlzene, nor ftnouta the people of a great country ever con tent to the adoption of a polsc-y, -through experimental firAr.cial I^teLvtion or cth- erw!»e, «wfilch would vitiate the obBga- tione of tbefr contract*, interrupt the regular oouree or -their bustneee and de stroy the foundations -upon which (hear Industrial and oomtnerciaj eyfftem* have been oonetruoted. The uptrft of coneerva- tJtem in etHl »tron« «unons our peopve, and. notwithstanding the devolve prom- lee* -and eelfleh appeals (bait are «ow largely Induenctaff thedr ot«nlona In home parte of the oowrttry. the truth win ulti mately prevail and I have no doiibt of the result when the tfcno for final action come*. Gentlemen, I -thank you toy your ponte aitfentton and for -ttote opportunity you have given me tp my aoroetfcimg ppon this great mityo&t to an fttJdtence or South orn men. We are all Americans, all cMxena of the easne greolt republic, and while % ertlurea the fortune® of the North, South, Ba«t and Weet will be bound lndteecftutoly together. There can be no arKagonirtfc ln<«re<rt, no prosperity in one «oot5«n at -the expense of anotner, but we roust all stand or fall together. So believing, I have spoken to you today without rerervo or exaggeration 1n “belhaLf of that poBcy wh‘ich, 1n my Jud@mont. wifll -mart certainly promote the welfare and preservo the credit and hwnor of our whole country. ;Eczema From early child-* hood until I was grown my family spent a fortune trying tocureme 1 1 of this disease. I visited Hot Springs and was treated by the best medical I men, but was not benefited. When 1 all things had p R| A H fl failed I de-, | termined to L |{ | jJ M try S.S.S. , and in four | 11VIII months was : entirely cured. The terriblj eczema f was gone, not a sign of it left. My 1 general health built up, and I have | never had any return of the disease. 1 have often - -- -- — - - — — — i reoommond* } cd B&&. and ) have never -v *, ■ „ M mv, k yot known a tolinro to cure. f GEO. W. IRWIN, Irwin, To. i Never falls to cure, | oven when all other . remedies have. Onr jk treatlso on blood and 1 skin disease* mailed - -^pp. y freo to any address. SV/IFT SPECIFIC CO.. Atlanta, Ga. 13 THE BEST. FIT FOB AKIN©. 4 cordovan; FRENCH ARM AMFllED CALF. |4.*3.*0 FtNCCALF&KANGAROa *3.50 POLICE, 3S0LES. ^l. 7 ^BQYSSCKQOLSHOEa. •JLAJD1ES- £3 !*£&*«*' w&ffsmE&m. DR0CKT0MJ4A35. • • Over One Million People wear tho W. L. Douglas $3 & $4 Shoes All our altocs are equally satisfactory They give the best valuo for the money. ' They equal custom shoes In style nnd fit. Their wearing qualities are unsurpassed. Tha prices aro uniform,-—stumped on sole. From to S3 saved over other makes. . If your dealer cannot supply you wo can. Sold by ROCHESTER SHOE COMPANY. SPECULATION. HAMMOND & 00„ STOCK AND BOND BROKERS, 130 & 132 Pearl Street, HEW YORK CITY. N.Y. Stocks. Golds and Grain Botigkt and Sold, or Carried ot Margin. P. S.—Send for explanatory circular on speculations; also weekly market letter, (Free.) MACON SAVINGS RANK 870 Mulberry Street, Macon, o*. Capital and surplus $150,000 Paya 5 per cent* on deposits of |l and upwuid. Heal estate loans on the month ly Installment plan, and loans on good securities at low rate*. Legal depository for trust funds. Will act an administra tor. executor, guardian, receiver and trus tee. H- T. POWELg....„. President H. Q. CUTTER Vlca President J. W. CANNON Cashier EXCHANGE BANK OF MACON. QA. EL J* Lunar, Geo. B Turpin, * President Vice President J. W. Cabanlss, Cashier. We solicit the business of merchants, planters and banks, offering them courte- ay, promptness, safety and llberalUty. The largest capital and eurplua of any bank in middle Georgia- HON SAVINGS BANK & TRUSr CO MACON, QA. H. 3. Lamar. President; Oeo. B. Turpts. Vice President; J. W. Cabanlss, Cashler- D. M. Nelli,an, AccountanL CA1TAL 2200,006. SURPLUS, 830.0M. Interest paid on deposits 8 per cent, per annum. Economy la the road to wesltn. Deposit your saving* and they will b* Increased by Intereet. Compounded semi- annually. Paints, Oils, Glass,,! SASH, DOORS, ETC. / Largest Etock of Builders’ Hardware in the city. Get the M T.C. BURKE’S. A beet and cheapest at O- P. & B. EWILLINGHAM CO. ‘ MACON, GA. j X mm, NODLDIHSi PAINTS, UHE HQ tEMEK || AT LOWEST MARKET PRICES. Escorted Vacation Excursion to Europe, Organized and Accompanied by MISS WILLIE M. ALLEN, of Birmingham, Ala. Sailing by Anchor Line Steamship CIRCASSIA, June 22, 1895. From New York, visiting Glasgow, Edinburgh. Melroeo, Abbotsford, Strat ford-on-Avon. Warwick Castle, Kenil worth Castle, London, Paris, Versailles, with extensions for seven or fourteen days’ rest in London or Edinburgh and supplementary aide trips to Belgium, Germany. Switzerland, the Italian lakes and Italy. Inclusive fares from 2190 to 3400, all necessary expenses included. Full de scriptive Illustrated programme ready. Apply to Miss Willie M. Allen, No. 2122 Avenue I. Birmingham, Ala., or Henry Gaze & Sons. Ltd., No. Ilg Broadway. New York: No. 204 Clarke street Chicago, and all branch offices. -OF- OF MACON, WHOLESALE : AND • RETAIL A insurance. Drugs. Ticket Agency- Tailor Shoes. Bottling Works. Steam Laundry. Job Frlntlng. Photographer- Dentist. Real Estate. Manufacturers* Agent Hotels. Furniture. Groceries. Music Houae. Liquors. Wholesale Dry Goodn. . For advertising rates In this co lumn address the business office- GRANITE AND MAIIKLK MONUMENTS. I Id !.*--*.« Importer and Dealer in Granite and Marblo Monuments. Estimate* J. 1 , uOvJuP. ma4 ° on Riding* In either Marble or Granite. Iron Ratline a Cl . W ~V> specialty. Prices to cult the times. Write or call. 463 Second street O MAMuJskra f II UI4.4. (Successors to Geo. W. Case). Designers and Builders . J iPOCDCl^P OC UJUltt cl Monuments of Foreign and American Marble# . ,„v vl ^ . and Granites. Fine Carving a specialty. Eatlmates' on all kinds of Marble and Granlto \rork. Agents for Iron Fencing. Write or call for deslra'- and prlcoa. Office and works 4G2, 461, 466 Plum etreot. - T O -si. ^ Jniporter ahd Doalor In Granlto and Marble Monuments. Estimate ‘ f 1 . 1*S # “PrOD0rt on Buildings lnolther Marble or Granlto, The best and cheap© V r * Wrought Iron Railing In America. Write or call. 553 Second j, WHOLESALE GROCERS. S. R. Jaques&TinsJey Co., S“t°?SSu"® J A n Wholesale Grocer, Bill, to suit your purse, rroilaton*. cor . D. J m 311. cats, hay, cotton seed meal *nd huU*, tohacoofc clg»r*. ■ a^**ai*s*j . gmd anything else you \ranL G. Qepnd % (Jo, MANUFACTURERS. Manufacturers and Dealers In Harness, Saddlery, Leather and Shoo Findings. G, Bernd Patent Rope Eye Snap. 9 460. 452.454 and 466 Cherry Btroet. * IMPORTERS AND WHOLESALE DRUG GIST.4. H I T.A/nnn O lA»ar*a Compound Fluid Extract of Buchu at] \ . J. ua(nQp% ^ons. lcnce, increases the flow of urine, hence Is recommended for gastrlo debility, dysnenala coil dropsy and diabotea. Especially recommended In gravel and chronic rheumatism. AsneclV , for all troubles resulting from diseases of the urinary organs, such as pain In the back and eld< sleeplessness, nervousness, etc. It. (Johen 8$ go WHOLESALE LIQ.UOU*. L. Mack, .Manager, 451 Chen ') Mountain Corn Whiskey, FURNITURE AND CARPETS. CDood*Pea09 go. Prices In touch Wluftlm^timeel ^fcner^^trell PRODUCE, FRUIT AND FISH. 0 . H. PClllCn. 5“ lM ln . ,ln * Shipper of Fruits, Produce, Fresh Fish ax • V X- > Oysters* 513 Fourth street. PIANOS, ORGANS AND MUSIC. Successors to J. W. Burke kOo. Music Store. Dealers In Plane Organs and Musical Merohs p. A. Guttenb^pqep &> Go., dlsft 432 Second Siroet. Agents for the celebrated Bobma Pi a: Smith & Watson, Bobma Pianos. JOB PRINTING. Printers. Printing in all Its branohee. Every description of fine Commercial work, 655 Cherry Street. LIVERY hTabLE. CtoULe ,, (Tlmherlslie'sOtflBtsnO.) 613snfl630PoplarBtrert, ’ / Empire Stables. uw, ^^vTuD S o“pri;^. mB ^ u °“i CARRISUKH, BUGQ1R8 AND IVAGONS. S O On-Winln- Dealer in Carrisgee, Buz«les ana Wsgons. Blcyclw, (; 1 \ Mpnifilfifi ChllUreiV* Carriages, Jlarneea, Leather, Eto. • * Ll* IllVlWW| Corner Second and PODlar Btreeta. \1 BU Mallary Bros. & Co Dealer In Carriages, Buggies and Wagons. Bicycle* Children's Carriages, Harnees, Leather. Eta Corner Second and Poplar Btreeta. MACHINERY. Dealers in Engine*. Boilers. Sara Mills, . Specialties; Watertown Steam Engines,SMTl ■ J Grist Mills. Cotton Gina. 351 to853 Cherry flu BOOK* AND STATIONERY. J. W. Burke Company, pile©. Paper.En-rolopeajhipa* andTwIj^ Tube Paints. Brushes and all Artists' Euppltes. Macon. Ga, FIRST NATIONAL BANK OF MACON. GA. CAP1TAL1S0RPLUS, $250,000 Prompt, Liberal. Safe. R. H. PLANT, GEO. H. PLANT, President Vice-Preaidant W. W. WRIGLEY, Cashier, I, C. PLANT’S SON, BANKER, Macon, Ga. - - U - • - - Established IE Banking in all its branches. Intert allowed on Time Deposits. We handle foreign exchange and arrant travellers credits on Messrs. Rothschild H London for all European points. 1 ; _