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THE WEEKLY TELEGRAPH: MONDAY. SEPTEMBER 25. 1SD3.
I8E AND CURE
OF THE PANIC
homas Dixon'E Continuation of
His Series of Sermons on
the Situation.
PERMANENT CURE
, to the Root of the Matter and
For » wider Co-Operation
Production mid tlio Brealh-
lo{ of a Soul Into Society.
r York, Sept. 24.-Rev. Thomas
a. j r „ continued In Hits pulpit In
oation hall fchto morning the die-
of "The Panic—Its Causes and
The subject of today’s discourse
iho permanent cure of ponies. He
that there eon be no cure for
commercial crisis save In a new
order, which fact is evidenced
unifotlnily with which panics oc-
under all forms of governmitnt. un-
all conditions of population, under
stems of banking, under all pollti-
pirtiea: also evidenced In the fact
jie piuctloal anarchy and failure of
present competWve system of com-
He argues for a wider social co
ition in production and pleads for
breathing of a soul into society. The
chosen were the same as those
Kl f r the past two sermons—the ser-
E, in fact, bring a continuation of
Eformer discourses:
boa hot taken usury and lncreaie, nnd
a bast Itreeiillr gained of thy neighbors by
onion and hut forgotten me, eolth tho Lord
Ibe partridge eltteth on egp and hatebeth
si not, an ho that getteth riches and not by
it shall leave them In tho midst of his days
at his end shall be a fool,
hey shall cast their silver Into tho streets,
their gold shall be removed; their silver
. their cold shall not bb able to deliver them
ho day of tho wrath of the Lord.
The discussion of tbo problems of
try, of extortion, of tho money power
d its periodical panic must go deeper
n the surface if we would find tho
1 causes of the phenomena, and like-
wo must go deeper than thejsurface
we are to discover the enro for tbo
Bs. Unquestionably tho nation has
n in convulsions. It is important that
ruin remedies shall l>o applied to re
in this state of intonse excitement,
hr temporary and partial remedies
dried to discuss in part last Sunday
rang, but a remedy applied for a
w-litioa of convulsions can not reach
*«at of tho constitutional trouble.
> must go beyond the developments
' :r.in for the moment nnd discuss the
ddn> disease which is sapping the con-
itntica of tho patient. To attempt a
irn of tho financial panic by tinkering
it!i ocr cqrrency lawor with onr bank-
Ig law is to attempt to cure an earth-
uko hv dropping a pill in the crater of
Marin*. Tho difficulty is more than
in tho surface. The evil is inherent in
in very custom of society itself.
It is both useless, illogical and nnfair
> rail against tbo rich when we are onr-
rites consenting to the social order
rhicb creates their excessive wealth,
[hey are the normal and perfectly nat-
nil product of the social system in
hich we live. They ore no worse than
io social order thnt produces them,
nut fosters thorn and that adds dally to
heir power. If tho system of co’mpeti-
re economics and self interest which
id have erectod into a science called
fodem political economy be right, they
re right, and the evils incident to their
ewer are wltbont remedy—in other
tords. there can be no real cure of com-
rcial panics savo in a new social or-
First—This fact ia made evident from
study of tho history of tho nine great
iiumercial crises of the nineteenth cen-
•ry. A study of these gnat panics by
e impartial historian reveals the facts
1 recently brought out by the treatiso
' Mr. Hyndmas—ndmely, that indtts-
rial crises and tho evils which they Cre
tan:
1. Enttmly Independent of the qnes-
on of population, whether rapidly in
leasing or stationary. Thin is shown
tom the study of the history of Qreat
‘main nnd France and America, in
[hich panics bavo occurred under every
tradition of population, when over-
Tended, when decreasing, when In-
raising under normal conditions.
2. That the commercial crisis is en-
irely independent of all the forma of
vermnent, whether they are despotic,
touarchlc br republican. Tbo panic
omes to imperial Germany, to England,
i republican France, to democratic
nited States, with equal impartiality.
13. That the commercial crisis isen-
tn’ly outside of the question of tho ex-
|nt of territory of tho nation and the
^inhabited land available for itspeo-
l!e - The United States, Austria, the
irgontine Republic nnd indeed all the
"developed nations of tho world havo
foved themselves equally vulnerable
■this century to tho most violentforms
1 c.inmercial depression,
j 4. That the panto is independent of n
v.rieted or inflated currency, of a gold
Un.lard or silver standard, ovidcnccd
a the fact that they have occurred
rader each condition of currency with
qui'.l violence.
e. Tliat pantcsareentirelyindependent
>f any special system of banking, the
ouedest methods data* no more than
imit the range of the calamity, the least
und doing no tnoro than extend it.
[here never was, for instance, a time in
hich tho banking of America was upon
•'sounder” basis, and in this crisis onr
auks have shown that they have prac-
caily nothing to do with it. They situ-
jy looked oat for No. 1 and left tbepeo-
• t» look out for themselves. One bank
this city with a total list of deposits
legating the enormous sum of $33.-
Xt.CCo refused to honor the drafts of its
itrons. Our great iniarunce compa-
- simply took advantage of the op|»r-
, i«ity to raise their rate of interest from
to S per cent on their helpless victims.
Ir great money institutions—banka and
■nranco corporations—have merely
• vn in this crisis, as they have shown
the past, that they ore entirely ind-
°tal to the calamity.
That the commercial panic is ea
rn mi.< t trie tra-le or pro
teetton. tt nas como to tree trade Eng
land and to protected America, and it
haa stricken each with impartial sever
ity. It is useless for tho protectionist
to lay at the door of so called tariff re
form the evils incident to what ho calls
tarilT tinkering. England lies had no
tariff tinkering in this generation, but
iho world has been convulsed throngli
her financial panics.
Second—The conclusion is Inevitable
that wo can have no euro for commer
cial panics save in a now social order.
Tho truth is, panienaro inevitable under
the present organization of business.
Onr present economic system is a dis
mal failure. It la the wildestof wildcat
banking from the broadest international
and national point of view. At tho pres
ent rate the world is going hopelessly
in debt, and the present social order is
responsible for it. The world’s debt
amounts.it is said, today to $150,000,-
000,000. There are but $7,000,000,000 of
gold and silver in existence In the known
world. The interest on tho world’s debt
amounts now to more than tho annual
increase of the wealth of the world. It
is simply a mathematical Impossibility-
for the world to pay its debts under 6uch
a social regime. About every 20 years,
in the case of human events, it may bo
affirmed with certainty that there will
he a financial crash, a period of bank-
rep*ry. nf repudiation and wreck and
suffering. This is the periodical year for
an attempted settlement The debt of
the world cannot be paid, and os the ef
fort is made to settle its affairs tho whole
body is convulsed. We are fighting
against the stars in their courses eco
nomically.
Take our own nation, for example, tho
most prosperous in the world in its real
resources of wealth. It is estimated
that our production of wealth is $2,600,-
000 per day above all expenses of produc
tion and maintenance of workers. The
*vma K o cost of the United States gov
ernment tier day, exclusive of certain
sums of the budget not counted as legit
imate governmental expenses, is vastly
over (1,000,000 per day. Tho interest on
our public bonds is $370,000 per day;
the Interest on onr railroad bonds, $200,-
000 per day; the interest on private
debts, $2,400,000 per day; dividends to
absentee holders of railroad, bank and
industrial stock, $400,000, the grand
total of our daily indebtedness amount
ing to $4,370,000. Onr net daily income
from production, with which to meet
this indebtedness, "being only $2,800,000,
it does not take much figuring to sco
that we are running in debt at the rate
of $1,570,000 a day. It ia easy to seo
that snch n scheme of economics is
boand in tho long run to rain the society
which maintains it. Its only result can
ho the accumulation of practically all
the wealth of the nation in tho hands of
the creditors, who must become them
selves fewer with tho process of liquida
tion.
It is also apparent, under the present
system of society, that tho proportion of
tho increase of tho world's wealth which
goes to the laboring man has suddenly
decreased during the past generation
until the proportion now received by the
laborer, os contrasted with the incomo
to capital. Is less than one-half what it
was 40 years ago. The business of this
age, into which has been poured moroct
human endeavor than In any other field
of activity, is a stupendous failure. Oar
young men of energy and genius enter
tho business world.
Iuto this great caldron wo linvo poared
our brightest blood through tho past cen
tury, and what are onr returns? Ofcr
political economist tells us that under n
system of competition and commercial
war the delightful principle of self In
terest will work oat tho salratioa of tbo
world. But tho facts are—and they can
be ascertained from any commercial
egency such as Bradstreet's—tbit Wiper
ceut of all the business enterprises of the
nation are sooner or later bankrupt,
is a momentous fact that only 0 per cent
of those who enter onr commercial world
ever succeed in establishing themselves.
Can it be possible that wo hare deceived
ourselves into believing that a system
which produces 05 failures to 5 successes
'is worthy of being perpetuated to all
time? When 95 fail under a given prin
ciple and only 5 succeed, is it possiblo
that we can believe that such a system
is best? The plain facts stare us in the
face. Our present regime, say what wo
may about its traditions, that date
through tho centuries, stands arraigned
by tta own method and utter failure.
The product or society under such a
scheme can bo bat of tho sarno piece.
Tho dregs and tho froth are oat of oil
proportion to thg saving strata. The
suffering and misery and crimo under
such a commercial scheme must be con
tinuously on the increase. Are we sat
isfied with such an order? Have we
cause to congratulate ourselves upon it?
If you are satisfied withthorecord which
II rad street gives yon from the business
world, can you be satisfied with the in
cidental accompaniments which wo see
alxmt ns. Under onr present scheme
our country is being depopulated and
the dark, crowded and fetid alleys of onr
cities being overcrowded.
In 1650 only IG persons out of 100 lived
in the large cities: in 1870 there were 21;
in 1880, 22; in 1800, 20. The number of
towns having 8,000 inhabitants liavc in-
crea- d daring the last 10 years from 260
to 443. This ia one of the saddest facts
of this century, for it means depopula
tion and decline of the raral districts,
which arc the basis of the nation’s life
and >he real source of its wealth and
power. Are we eatiffiad with the pres
ent business, with its 03 per cent of fail
ures? If so, can we he satisfied with
the necessary concomitants of onr pres
ent regime': A man who has spent hi*
life in New York as a student and poll
tician and newspaper man wrote some
time uto thus:
Kept. 4, tbs mldnlsht beer, foonu 3 .'.rU,
aee* virtuous and respretakl*. dntak at-l<l:s-
onlerty oa tho street* cl the Deed. The/ were
picked up ty lbs police, run Into the Tombs
sod next d»y were sent to the workhoeee tor
three months. Thk lea fair example of the
Ikene. esloca oetpotof one district forest
alckh late the tack room* of hnadrede of
these tadooM. late the upper and front room*
of hundreds of others. Ctrl* are setlcod and
made drunk, mined aad made to ferment ard
to eager. They harts arouad the places where
they lost their all, s* mlllerr arour-d a lamp at
nUht. At asm manias from » to *> they
brtw children Into tbs world to fill pauper
STOIC* aad foendlle* Lo*pitele. aad later ee
I hey sink Into the pocurii Held or wander oil to
die a* suicide*. The dominant political part)
It Ml baadand reepomtbla, up to tu Ur* hr
fermentation. Its feet end lets to dlrt and dli-
•ms rottco. ao4 its above groand portion hur
rahing Ut Tammany eMo^by
IMil. As this combination control*
every decent man In city OT tonnij «tc uc »
keep sot of pntttta* tartm
that are iuevifable under our present
regime? Can w© ho Ratified with our
potter’s field, with onr hungry und starv
ing poor? Are wo satisfied with the
swarm of little waifs that drift through
our great streets thinly clad and half
starved, who flock to our grout newspaper
offices for supplies in the early morning
hours? Somo of theso little rats crawl
into tho shoots of tho postoffico for
warmth while they aro waiting for tho
paper. One of these small unfortunates
was caught in a shoot some time ago by
a fire one Saturday night and almost
literally roasted alive. He was still
breathing when taken out, but life was
60on extinct. Are wo satisfied with our
paupers and orphans and homeless boya
and girls? Are we satisfied with onr
millions who are out of work and whose
families Buffer?
It is said that the total number of
Africans who are now annually forced
into slavery by tho Arab wretches
amount to nearly 2,000,000. With all
our advance in Christian civilization,
human slavery is yet an awful fact* It
is as if a Georgia or Iowa or Michigan
were entirely transported into shivery.
This is bad enough, and for it Christen
dom is really responsible. And yet this
is tho least sorrow of humanity under
tho 6lavo problem of today, for whilo
2,000,000 Africans aro taken from a low,
savage condition and sold into slavery
countless millions of white boys ana
girls are being born into tho most hope
less slavery under which men can labor.
They aro being born to struggle in tho
vicious undertow of our present social
order. It is a lio to assert that they
have an equal chance to become capital
ists instead of mere wago earners. A
doggerel poem recently published has
stated with more emphasis and pathos
than art this great fact:
Yon hadn't ought to blame a man fer thing*
he hasn’t done.
Fer books he hasn’t written, or fer fights ho
hasn't won;
The waters may look placid on the surface all
aroun,
An yet there may be undertow iv*keepln of him
down.
Since the days of Evo and Adam, when tho
fight of life began.
It ain't been safe, my brethren, fer to light];
jodgeaman: *
He may be tryin faithful fer to make his life n
KO,
not Room to understand what tho coe
was about, as h* jumped about him ami
spurred him and pick-id pieces of hi;
topknot out. Ha walk -1 round with
a surprised nnd hurt exprer-ion I:
though ho did not know exactly what I
make of the procedure. When it final
ly dawned on him what this chicken
meant by hip actions, it is said that tl
you nr; eaglo simply reached out one
claw, took the chicken by tho ncclt.
placed his other claw on his body ami
pullod his head off.
In many ways today onr transporta
tion and distribution havo been ploci
upon ii co-operative basis. Onr gre:
distributers have become great, gigan
tic, co-operative concerns. Onr great
railroad corporations aro becoming con
solidated into greater concerns. Tho
way is hero pointed to their farther con
solidation under the management ottlu-
people for their own benefit. Our su
preme courts havo already decided ir.
several important cases tho great consti
tutional principles involved, and they
havo decided th«m in favor of thopnblu
character of theso functions. '
Tho United States supremo court de
cided in the New York grain elevator
cases that tho state hoe tho right to reg-
ulato the conduct and fix tho prico o:
any interest affected by the public inter
est. A state judge instructe a grand
jury that the rioting of striker* is treason
against ins state of FeuuByivaula. A
federal judge ordered recently tho arrest
of locomotive engineers for leaving their
work. He declored that it is unlawful
for employees to abandon their work
whou such sets interrupt the course ol
national business. If this work is
public function, it shonld bo assumed
by the pnbho and ran in their interests
not in the intereet of private corpora
tions.
OXLY $10 TO CHICAGO,
Prussia, a poor country nationally,
■without great resources, has mado the
successful experiment of owning uei
FINE SHOWING
FOR THE SOUTH.
Business Is Picking Up anti Northern
Agents Say That the Outlook
Is Encouraging.
LATE CROPS HELD US BACK
nat Tliat imiiculJy llna Sow lie
tom* and Kverythlng !■ 1
lug Once Agntn—lluaini
From Naur York.
The New York Times says: Trada be
tween New York ami the Boulh Is re
vlving. Inquiry yesterday among the
general agents of the coastylae nteam
ship lines showed a strong feeling, of en
couragement over the wuy In which the
Southern truffle has picked up v.lthln a
few weeks. Prediction? were freely made
that thta nmo.mt of the year’s trade with
the South would coma almost if not quite
up to the usual aggr*is*te. The outlook
Is generally considered to oe very bright.
Part of the backwardness In the move
ment of cotton towukd the North Is due
to the lateness of the crop. In the traps-
portatlon fines, the cotton planters are
holding back their cotton in ;he expecta
tion of obtaining a better price than is
now offered by the buyers who are trav
eling through the plantations.
The trouble fa In part ascribed to the
delay In settling the silver question.
The South has been less affected than
o move the rotton crop are being made
too much of, but I have no doubt that
when ihe farmers get ready to move
their cotton *.hcy will find means to do
so. No changes have been made In the
catlings of chls !tne. except ihat two «x-
tt-a sailings per month usual at this Rea
son of the year have not been added.
Wc aro carrying fair Southbound car-
kpcs.”
“The crop? of tha South,” said Mal
colm Townsend, general agent of the
Pennsylvania Company's Atlantic Coast
Dispatch, “aro very abundant and the
outlook Is encouraging. We are bringing
In us many as thirty carloads of sweet
potatoes per day and the movement of
that crop Is fully as largo as last year.
New England usually takes one-third of
the crop, but Is short of money this fall,
and Is making few offers. Tnic throws
the bulk of the sweet potatoes on tha
New York market.”
“The business between New York nnd
the South Is undoubtedly reviving, ’ jatd
William Mason of the Mallory line. * Tha
volume of trade, however, is not what
It ought to be at this time of the year.
Traffic Is picking up all the time, (hough.
The cotton planters are holding back
their cotton for better prices. A good
deal of cotton has been gathered, cleaned
of seed and baled, but is being kept at
the plantations. If the silver legislation
was accomplished the Northern cotton
buyers would come up to the Southern
growers’ prices. The mills do not want
to start up until they know more about
the outcome In regard to silver and the
tariff. The South did not suffer much
from the panic. We are sending three
steamers to Galveston, Tex., every week,
and two steamers per week to Georgia.’*
CUTHBERT'S PROSERITY.
■ w Hy the financial stringency,
own railroads. Their railroads paid in I T h»l P"* of tit, country hax produced
1880-00 the interest on their cost, on the I bountiful crops, and those xre already
s tat© debt aod ia id up a surplus of
000,000. Some yonng men in Borden-
coming to the North. The movement is
under way and Is increasing steadily cv
He may not lack in learn! n, an he may not want
fer bralna;
He may be always workin with tho patlentest
/at pains*
An yet go unrewarded, an, my friends, how
can we know *
What heights he might a-climbed up to but fer
the undertow?
You’re heard the Yankee story of tho hen’s
!.-•-• With a 1.
An how the hen kep’ layin egg?, with all her
might and soul.
Yet nover got a settln, nor a Hcglo egg! 11 nm
That hen was simply liickin ’gin a hidden un
dertow.
There’s boles in lots of hens' nests, and you’ve
got to peep below.
To see tho eggs a-roUln where they hadn’t
oochl tags.
Don’t blame a man fer failln to achieve a laurel
crown.
Until you're sore the undertow ain’t dr&ggln
of him down.
Third—Tlio only glimpso of light that
wo see in tho darkening picture of our
prosent commercial calamities comes
from the spots where social co-operation
hastaken tho placo of competition. Wc
find hero the key to the ultimate solution.
If wo aro ever to do nway with tho over
recurring crisis and collapse of trade, wc
must harmonize the two sides of wealth
creation and bring about the era when
production ehall become social and co
operative, nnd to this end tho organized
power of tho state, of tho municipality
and of tho district mast be brought Into
concerted and co-operative action. It is
inevitable that with the advance of dvi-
lization tho state ehall advance in iti
functions.
Tho state is not a tyranny import'd
from without. By tho state I menu the
organic community govorning them
selves. There ore hundreds and thou,
rands of men who aro now employed
directly by tho state. They aro not sub
ject to tho depressions of u commercial
crisis. It is possible for tho f mictions of
government to bo gradually increased
until vast interests now in tlio hsiuls of
private corporations will bo placed en
tiroly beyond tho danger of panic. It is
possible for the municipality to nbsorb
today, nnd that to its enormous advan
tage great industries, that ore in pnvuto
hands.
The hour has come when the inc.nic
nalitv shonld control all tho great mo
nopolies ol municipal life, li snoui-1
control tho entire system of transit, of
lighting and the supply of water, and
along theso lines shonld continuously
enlarge its functions until the people
shall in fact manage their own busim-ss.
This could bo dono all the more readily
if society as a society could Ijccomo con
scious of its tendencies and of its need.
The way is bein*< led now in this direc
tion, if wo but knew it. There aro about
200 commercial trouts today inonopoliz
ing the market of staple goods in Amer*
ica, and there are 42 railroad corpora
tions which practically control the rail
road mileage of tho continent. The--
consolidations of interest in tho form of
trusts and gigantic companies liavo bee
inevitable under onr uystem of competi
tion. Their confessed failure in the at
tempt to fight one another nnd their
coming together for protection and for
the regulation of the output to unit the [
demand points the way in the future for
society to save Itself from overproduc
tion nnd its c< n * 41:out ruin.
These index fingers point to the fact
that thero are great monoj-olies today
which can be owned and controlled by
the people in their organic capacity and
lift their va«d i utc r« v.r beyond tho range
of commercial di-order. Livery cool
mine in tlio nation today should be
owned by the govtmr.u*nt. oi*‘rated by
-v* • 4 iu L'-half « f t.’i< '
V.. r,- - , i.i i th — w Ho « : t - -11.1 * • t: ■ .
product. Onr mines of gold and sliver [
town, if. J„ recently hired a freight car, « d £ n ^XtouV»« ro“| P
furnished it with, bunks and a cookln^ M( . lhe oplnkm ot lhe lnuliporU S 0 „
gay, far behind America in intelligence th , Bout|) u Jua | Iy . planter* tend their
and in tho *dence of government, they colton t0 N , w Tork they buy
could havo been transported that dis* I goods In return, and, when normal con-
tanco in a^ palace car for at r©gnlai | unions prevail the movement of goods
to tho South comes about six week* af
ter the cotton has moved North. TUI*
year the north and southbound move
ments are coming together. AU of the
one or two Instances the extra sailings
generally scheduled for this season have
faro Bimply because tho fitato in Hun
gary owns tho railroads.
I appeal for a ronl to society. As r
social organism wo need to bo conscious.
of our being. We aro noting ns though cc " ,l ' vl “ , Un “ out , * h< ’ u * u ‘/'
ui ° - number of regular vessels, although In
wo were in a dream. Wo are merely 1
drifting toward these great transforms
tions. Could wo bat gain consciousness | been abandoned,
of ottr organic life wo could rnovo for
ward with gigantic stride;. Let no man
be frightened with the cry of paternal
ism. Whether paternalism bo good ot
evil depends entirely upon who tho pate:
is.. We need c more thoughtful citizen
ship. Y» u heed to study our reiatie;
nnd onr obligations to ono another. Let
tho tnan who believes in individualism
tako note of hi* present inconsistent nnd
untenable position.
The present crisis is tho wreck of nn
overdone individualism. Tho present
system, so far 1 rom maintaining individ
uality, is crashing out from tho life o!
men whatever individuality they had.
TIi" ancient cobbh'r nt slices was a man
, _ oranges In Florid i.
the transportation agent* -.ollWently pre
dict that the volume ot New York's
Southern trade will soon tench its normal
proportion*.
"We have not been affected to nn ap
preciable extent by the Itnuncixl strin
gency," said E. Hawley, general l-tast-
rrii use li of Iho Southern Pec!"- rail,
rood, which jperates the Morgan line c-f
ateamshlps. "Our steamship traffic haa
been brlsx. and good right through Au
gust and September, we have had a
very good year. We attribute our fail
ure to feel the depression to the - .lit
amount of territory which wo cover.
"The outlook la very bright. We shall
have as good a -ear aa any In tne Ills-
>ry of ttie Mo reran Une.
“The South has been very little atTeoted
by the financial stringency. It has suf
fered much less than the West. We urts
sendlnx out two lurgs ships deeply loaned
of character and individuality The ^ MrS^M
modern manager of a joint atock corpo
ration for tho manufacture of shoes is n
time.
“There has been some slight decrease
machine*. In* » an aul-nunten. S , t:.-| ,Y ' ,'u' .V V-.,'.';
courno of nil tho Industrie* that have
been absorbed into the 20 great trusts
Her Cttlzenx Think it Has Aroused tho
Jealousy of Neighbors.
Cuthbert, Sept. 23.—(Special.)—A liar
Is mean -and contempt;me ut nii times;
hut the liar who knowingly and wilfully
circulate* a report that a neighboring
town hax yellow fever when they know
that the contrary Is true, and for no
other purpose or object In mind than
Injuring the buslncns nnd educational
Interests of the town, Is a mean and
contemptible liar indeed. Some of Cuth-
bert's neighboring town* have fur-
ni*hed such liars, who have been vent
ing their spleen on Cuthbert; but in
stead of such false report* hurting
Cuthbert, It Is doing her good, for tho
reason that tho bad effect* produced
ha* amounted to nothing more thnn tho
tin ftaatf. and Is going; back -urttb donbW '
force on -the town* that xre circulating
there false report*. Cuthbert hn* been
expecting It, however. She was the first
ttmii Ir, southwest Qeorffl- that first
begun the payment of all money for
cotton. This -bought lot* of cotton hero
that legitimately belonged to othu-
market*. Then quite a number of new
buyer* were added to the cotton mnr-
ket, which made tt one of the best In
this whole section. Then the two col
lege* opened up under the moxt flatter
ing auspice*. The merchant* spread
superior Inducement*. These things
nrouRt-d n spirit of Jealousy In neigh-
burlng towns nn dthey could not check
It In arijr way, so they adopted n* a,
last resort the mean and contemptible
false report that there was yellow fe
ver here. But this hn* not stopped tha
tidal wave of prosperity. Tho colleges
were never better, merchants' sale* are
encouraging In the extreme, cotton it
rolling Into the market, which hat
heretofore gone to other markets, which
swells the receipt* larger than ever be
fore. and thue It 1* that th* false re
port Is being hurled back In the face
of the Jealous neighbor*.
This has been another good week with
the two colleges—Andrew Female nnd
Bethel Male. Young men and women
have enrolled from different sections
of the itatc. Their number* and steady
Increase la encouraging to the au
thorities, and they both bid fair'to en
joy a year of unusual prosperity. Cuth-
bert's claim ns an educational centre
is fully 'merited and fully appreciated
by thou who have tested her two de
serving institutions of learning. Cuth
bert has made a nice contribution to
the yelitw fever sufferers at Bruns
wick. which has been sent forwnrd to
tho proper authorities. In addition to
this a subscription has been opened at
the Bank of Cuthbert. and money* and
provisions will bo collected sad ssat to
them from time tu time.
th* West borax and th* dried fruits of
California ora coming North. The chief
reason for the backward movement ft
the Northbound frteght was the failure
of the Southern crops to mature at th*
usual time. Tb* season was late. Wc
have eeen few signs of slack trade.”
W. L. Gullsdru, general traffic manager
of the Old Dominion line, said tha* lhe
outlook was extremely promising. -The
business I* very lair." he said, "consider-
th* hard times. Resent comparisons
which dominate our commercial world
could bo traced. In each caso tho indi
vidnnlity lias dwindle ! until it is repre
sented by a trust certificate—a thing of
bloodless mechanics. As Hyndaan so
graphically says:
Their anxiety for t ho welfare of the in
dividual is ad great that they cruxh lndl- , J— . ... 1
vl-Iuality by competition. They so love {•*£!{• *£* , ol $* a’SiSfVkf’ciSt?'
order that they foster industrial anarchy. * '
They so dreud tho stato that they for*
ward the growth of practically imapon-
lible and uncontrolled monopolies. The
present social regime is founded upon
the supposition thnt selfishncB.s is the su
premo motive power of humanity, and
that umu will not work savo for a selfish
motive. Ruskin has well denominated
such a political economy a diurnal sci
ence. It is not a science. It U tho ne
gation of a science. It is tho most colos
sal li»* that tho devil ever attempted t«
Impose upon humanity. Men liav
worked for nobler ends titan *©]f, and
the noblest work man has ever dono lias
been the work not for self.
”Th« magnificent achievement inarchi
tecturo witnessed at tho World's fair ii
tho product of a national committeo of
patriotic citizens who served without
pijy. Mail will work for work’s Buko.
A convict in tho penitentiary will clamor
for work if it tc denied him. Thom;
A* Edison tieclaros that when ho has fit:
irthed a work ho has no further u*> for
it. He <l<vlar4»* that lie pises tho tele
phone; that he will out of his way to
avoid one. His spirit ia eager for new
conquest. HI» Lome is a palace. Every
want is gratified. He work* from high
er motive* than mere selfish detdro for
gain. Ii is a slander upon humanity i
assert that thu only moths of life th;
wfll inoY,' t! • rl l is the• 1 >as<r motive.’
BYRON DOES HER SHARE.
hind that of last year at this mason,
while Northbound traffic wan a little
Iopa than that.
The Southbound business was hardly up
to the normal In August, but it was bet
ter than we expected. The revival came
In August snd has been Increasing in
beptember. The outlook Is Incoming
brighter all the time. The increase in
Southbound traffic has been steady. New
York U eroding a wonderful variety of
goods to the ttouth. The list Includes al
most everything that la manufactured.
“The movement of Northbound freight
Is somewhat dull now, but that la not un
usual. In fuct. there Is always a dull
season for the Northbound frlegnt In Au
gust or September. The cotton crop l-as
been late In maturing, and that Is one rea-
i for the dullness In Northbound traf-
I hear tt raid, too ch«t the rtouthem
farmers are holding back their cotton in
the hepe *>f yetting a more favorable
rrlce. but 1 have no personal evidence
ihi.i this U a fact.
“Generally speaking, there Is now a
fair movement of all Northbound freight.
All kinds of tobacco, and especially leaf
tobacco, are moving freety, and the trade
In tobacco la now abount nominal. Pig
Iron is slow.
“The Souih Is In pretty good shape
financially. The farmers in that region
have had good crops. The entire Houlh
U better off. financially. In my opinion,
than the West, and was lies affected
by the recent financial string mcy.
‘ ~eneral confidence Is being gradually
red throughout the country. The
al of the Sherman bill would very
greatly relieve the situation and restore
| confidence.
“I am very cheerful and honeful on the
general situation. While traffic has been
a little bit slow. It has picked up well,
and I have no doubt that the year's to
tal **f tra.'tlc will be about normal
‘We have made but slight change in
our service. Such U our confidence In
the future that two new steamers sre
now In course of construction, llatca
have been maintained, and little or no
. I»trouble has been experienced with ctllec-
Amount of IturiUgM Ir-p^cd of— IHlcna.”
■ejM l T 0 ^ of tfe, Clyde tint felt very
much encouraged by the outh»o.«. “I an*
speaking from a knowledge of the facts,”
said he. “In raying that the outlook is
1 brilliant. I never felt more encouraged
than I do now.
“Our business Is not, of course, what
attendance I It should be as compared with last year.
Southbound business Is especially slow,
, snd the movement of cotton North Is
id. I at least six weeks Is tor this year tran
usual. Nevertbal' •*. 1 consider the •
look
Crrdlta'ble Contribution to tho Suffering
era at Brunswick.
Byron. Sept. JJ.—(SpecW.)—Th<* (rood
people of Byron hive contributed S26.S5
and forty pounds Arbuckle's coff*o to
Vito poor of ttie feverstrlokeu city of
Brunswick. I. was forwarded today to
Dr. John A. Thompson to u*e for that
purpose ** his Judgment direct*.
Mrs. Hirrtet WWton. relict of the life
1 saUt h Walton. dl?d lie: night at ton
home of her daughter. Mrs. D. F*. Clark.
8h* was about 60 years old and leaves
many relatives and friends to mourn
chelr low.
LEXINGTON NOTES.
Lexington, Bept Z3.—<8p«v4al.>—Profes
sor Booth 's singing school doeed hero
last night.
Professor Reeves of EJlberton i« here
tevhl...^ penmanship to a large cl <«
Rev. IL A. Gray, pastor of th«- Meth
odist church here, left ou Monday l-i«t
fora visit to the World’s Faiv. Mrs. K.
A. Ony ia visiting rotative* in Oxford,
Os.
Ihir
ek.
Proft-flora Weaver and Mo** of Chls
place, wbo went a* deiegiic-4 to the
Barepta •mMOchrtfon fit EendengmM thu
week, h.ivA returned borne.
Co!. J. T. din, g-'/vernment isnd in
spector. who btut been at home here
sick f'/r tlres.it-i-nc tr.onuh, left yester
day for Wisconsin ou ofh lal buslne-"*.
Rev. E. L. Harris of Cra-wfordvllle
prc.idh«* thu Baptist <
today and tomorrow.
Mesne Academy here, und
M. 8. Weaver, baa opened t
with a Urge numbei
Cotton i* coming in
and there wans to be enour'a mon
to pay t£se ca*h far every UUc sold.
Mrs
of sh
f ill ter
irke't b‘
Will S500 Help You Out? .
DOOLY SUPERIOR COURT.
Wi
/BUY l" *Mi: -n l IN-
: r.vi;i:'/ OFFI* i-;
n AT SIGHT. Other
Money for Rrunr* k
f Doo
23.—(Sp^cril.)—Th
eupirlor court, which
Muon for the- post twol
*d today. A targe ertny of
L hu bodif
amount
IF SO. YOU can !
th- SOLE AGfiXC
1 WANTED IN IV
DlSI’KNHAHf.E
something that sell
,i rti- "'ll . .i llv «f i ’ ’ i )’i lc*\
igh not Answering the Purpose Half
Well. You can make t' in to
STO In three months, introducing It. after
* *ch It Will bring a STEADY. LIBERAL
•OMR. If properly attended to. L&-
i do an w* ll as men. In town or coun-
.... DON’T MISS THIS CHANCE,
w'rite AT ONCK to
J. W. JONES. Ms
j.ves, Msnaxvr.
SpringUekl, Ohio.
sh-4l<l bo - - ac ! ami r^ui
government, and or.r curr
should lift- 1 at onr* f
Of socti- rial J> !;t;os soil p
international 1 usis, nn-1 1
tho people v old be rellevi
emm-nt bjr tito Irani- r?. <
xn-1 for the bankers. At
vriil learn it *. om.-r or la*.•
onr banking concerns in
•entail to t agrees nr •
pretty
t«l bt
tepl
Mrs l;a 1
pcoplo din
un* that
• post, bat
upon on
it on act
m a gar-
banlere
I the people
. At present
bcir bills pre-
avinf things
ray* *u they
Laugher Company receiver-
«. v. i* disposed of nnd a decree
d. r. it> .tale by December 1.
murder cases were tried* *8 n*-
ut only on? was convicted, Jeff
uni iiv WiS SCSI Of* fjIlf**- •
arton was tried for murder, this
he second time, and was a
He was tried, convicted ai
■d a bou t a year ago- Hrtng «
new trW by <he providing Judi
► was appealed to the
•xcfltent, end 1 expect a good fall
4 winter trade. ^ .
“Such bountiful crops have not f
known for many years befors In
• "'ion of the country rre
ye-r **■» Awil. s
held back somewhat by
stringency. Southerners
would now have been enjoying compara-
He
MM
if t
:ed a new trial und
>f an acquittal at this
This is considered as
feather Iff trie cm>” of
everfcng counsel,Messrs,
jf <IUs place.
t Got G. W, Bu*t*«
pr _^ , -
•The ref eat strlngvney In the money
riarket ba.H brought about this buck-
i wsrdnsss In trade. Ordinarily the boavy
movement In crops 'from iba Scutb is
about six weeks ahead of the heavy
movemer.t of ;rood* from the North to the
Booth. This fall, howevvr. the two move-
men 4 * are coming nearly, together.
id hi
Small
and
Ontrxntecd to cure Il.lious attacks,
*; u -Uche and Casttipatlon 40 in
J l*:.ce ‘.5c. For sale by
dru>:...»’.5.
] .. t 'V *‘T, 17, 7C’* and «»mi ’.*? do$* tr*c.
J. r. SMITH i CO., Prr, r.e'urb, YOWL
Cto V. - 1- • .R'.‘
facts | i\
cor k ir.:
i C -* 1 ui
nca f .r :i iV--
uUI^-J can’.o
hidl-j* h*Ti 4 i-l t^> u.. I in n 4 *\.
touff.-r.-: •
>Ianv Persons tr-1 r ten
down from 4. -rwork or bo4*\«t - l < •••■ ■
llrotvu'j* Iron nitU*r> >- r -
| $r»l» *.i t *.-j4 U rw-rrurft • fT **qg Uf
I *a<i 4.uxc» eiaura. «><t Ibe geuais*.