Below is the OCR text representation for this newspapers page.

BANKS COUNTY GAZETTE ISSUED EVERY THURSDAY. Alfred at the PonUiffi • >it Lower €F*. ** eecond elate mailer. ■tM of tnbftcrlption - Cash: One year 50 Strnwnttu 25 S- L. COX, Editor & Publisher HOMEII, GA.. JULY 123, 1896. DEMOCRATIC TICKET. For Governor W. Y. ATKINSON. For Secretary of State ALLEN D. CANDLER. For Attorney General J. M. TERRELL. For Comptroller General W. A: WRIGHT. For State Treasurer W. J. SPEER. For Commissioner of Agriculture K. T. NESEITT. For IT. S. Senator C. F. CRISP. For Congress, Ninth District F. C. TATE. For Senator 38rd district JOHN E. REDWINE, of Hall. For Representative J. K. THOMPSON. For Ordinary T. F. HILL. For Clark ot Supevior Court LOGAN PERKINS. For Sheriff JOHN PARKS. For Tax Collector L. .1. RAGSDALE. For Tax Receiver J. C. ALLAN. For Treasurer W. M. ASH. For Surveyor K. C. ALEXANDER. For Coroner STOVALL POOL. SILVER AND COTTON. The demonctizaton of stiver has bail more influence upon the price of cotton in reaped to ita de cline since 1873 than all other causes put together. This is a fir 4 c pablo of demonstration. Cotton is univer sally an article of export from tlic country which produces it. The price of cotton, therefore, must l.e fixed at some central point where all the export cotton of the world meets t# find a market. All persons in rny way conversant with the subject know that this central market is the Liver pool market, and that the price which we obtain for cotton in Liverpool is the price which represents all the cotton raised in the world. The price of cotton therefore in the South ern Sttites of America is the Liver pool price less the cost of transpor tation from the plantation to Liver pool since the United States hive had cable communication with Brit tain the closing price of Liverpool received here three hours earlier (owing to difference in time) controls the price of all ihe cotton that they sold in the United States. It is a fact, however, which ought always to be kept in mind that exporters ot commodities must be and always are paid in the money o( their own coun try. The looal currency of any country is the only kind of money which any man in any particular country receives for what he sells, and is the only kind of money which he pays out for what iie buys. This fact plays no part, provided the money of one country is transferable into the money of the other country upon terms of exact equality; in other words, that there is a par of exchange between the two countries in the matte: of money. This par of ex change existed between Gold standard countries and Silver-standard coun tries always before and up to- 1873, but was dislocated that year by the demonetization of silver and is now more disturbed than it ever was. Speaking of this matter in his annual report of 1880, Hon. Daniel Manning, Secretary of the Treasury SAID: *lt is a direct consequence of the monet ary dislocation that wheat of India, which then fetched 3 rupes per quin tal fourteen years ago and then fetched 8 rupcs per quintal to-day, can he sold in London for ns little as the gold price of 3 rupees to-day—a fall off of 25 per cent.” Tl.is lowered price of wheat in London has had to be met by a lower price of the American wheat in London. So that the monetary dislocation has already cost the farming population au almost incomputable sum a loss of millions upon millions of dollars every year. Secretary Manning spoke of this dis turbance in exchange in its relation to wheat and it applies as well to all other articles of export which have to find a market abroad and to no commodity more than to cotton. This country exports more cotton in proportion than any other crop. In the years 1872 to 1894 inclusive the smallest percentage f export was 04.08 in 1880 and the largest 71.28 in 1878 in 1894 it was 71.20 per cent. So that more than two-thirds of the crop is annually sold abroad— sometimes nearlv three-fourtlis. In this latter year the United States exported 6,397,509 bales, weighing 2,683,282,325 pounds of which 2,028, 220,828 went to Europe and 1,485, 451,425 to Brittain. In this great Liverpool market our cotton came in direct competition with the cotton of the world grown in East India, West India, Egypt, Smyrna, Brazil and elsewhere. When all this cotton met in this open market the lowest price at which any considerable part of it could be sold, due alliance being made for grade and class fixed 'he price for the whole That price was paid in the home money of the ship per in gold, it he raised his cotton in a gold-standard country, and in silver if he sent his cotton from a silver standard country. In 1873 the stand ard coin of India was the silver rupee equivalent at the legal ratio between gold and silver to about 2 English shillings or 48 cents. The average price of cotton in Liverpool in 1873 was over !) pence a pound. This cotton was sold in Liverpool for the gold price of the silver rupee. Sil ver being at that time a full money metal upon terms of perfect equality vvii.li gold. The American planter sending cotton to Liverpool found himself in competition with Indian cotton at 16 cents a pound in gold. In 1834 the Last Indian cotton j grower had tin same grade of cotton to sell at the very same price fur 1 (it, must always be borne in mind that prices in India have not duiuged), tin same amount of silver ropes. But when the Englishmen went to tmy East Indian exchange, payable at Calcutta m rupees, lie found tnat lie could buy a rupee for the gold puice of the silver bullion in the rupee, which made his Fast India exchange cost him 24 ceuts instead of 48 cents a rupee. The American exporter of cotton then entered the Liverpool market and found the same grade of East India cotton, which sold in 1873 for It! cents a pound in gold. While tho East India cotton grower got the very same price in silver in 1834 that lie received in 1873. The American planter had to take one half for his cotton solely on account of competition with silver using countries which have never felt silver demonitization and main tain the same silver prices as they did in and before 1873. Suppose we should have the free coinage of silver upon terms of perfect equality with gold as was the fact before 1873. What would be the effects at once? The bullion price of silver the world over would rise to the coining price in the United States—that is $1.2929 an ounce. No better evidence of this certain happening can be offered than a reference to the price of silver just after the passage of the bullion purchase act of July 14th, 1890. On July 15 the London price of sil ver was 49| pence an ounce (equals to $1.0*25), and the New York price was SI.OB per fine ounce. On August 19th silver bullion was warth $1.21 per fine ounce in N < w York, ami on Sept. 3rd it was wen th 54$ pence per fine ounce in London (equivalent to $1.1975.) As the coming price of silver bullion is $1 2929 per ounce, it is seen that the price of bullion went up to within S cents of coinage price simply because it was supposed that the Harrison administration was friendly to silver and that the Slier* man act was to result eventually in free coinage. As soon as it. was learned that the administration was opposed to silver coinage the gold price of si ver bullion went down. Free coinage ot silver by the United States on equal terms with gold would fetch the price up t* $1.2929 an ounce. Now what would be the effect on cotton? Our East Indian competitor would go into the Liver pool market with the same old grade of cotton at the same old price—in different as before to the gold price of silver. All he wants is a rupee for three pounds ot cotton. He gets it just as he has gotten it since and before 1873. But the Englishman when he goes to his bank to biy his exchange, finds that silver bullion is wortn the coining price and that he has to pay 48 cents in gold for even rupee’s worth worth of exchange, he sends to India. Right here comes the American planter he, to, with the same old grade of cotton and finds that East India cotton is fetching 16 cents a pound in gold instead of 8 cents, at once he is able to obtain about twice as much as lie otherwise would. How can an actual fact in common ever be demonstrated any belter than I have shown the abso lute connection bs tween the price of cotton and bullion price of silver? There can never he any permanent ad /mice iu the price of cotton—any lasting benefit to the American cot ton plantei until silver is fully re stored to its old position as a money metal of full legal-tender power, and a better supply of monev. Gt:o. \V. Me Ginms. Cripple j The iron grasp of scrofula has no I mercy upon its victims, 't his demon | of the blood is often not satisfied with j causing dreadful sores, but racks the j body with the pains of rheumatism until Hood’s Sarsaparilla cures. “ Nearly four years ago 1 became af flicted with acrofula and rheumatism. Made Running sores broke out on my thighs. Pieces of bone came out and an operation waa contemplated. I had rheumatism in my legs, drawn up out of shape. I lost ap petite, could not sleep. I was a perfect wreck. I continued to grow worse and Anally gave up the’doctor’a treatment to Well take Hood’s .Sarsaparilla. Soon appetite came back; the sores commenced to heal. My limbs straightened out and I threw awav my crutches. I am uow stout and hearty and am farming, whereas four years ago 1 was a cripple. I gladly rec ommend Hood’s Sarsaparilla.” URBAN Hammond, Tablo Urove, Illinois. Hood’s Sarsaparilla I lathe One True Blood Purifier. All druggists. sl. | Prepared only by C. f. Hood & Cos., Rowell, Mass. I_l |, . cure liver Ills, easy to rlOOd S PtllS take, easy to operate. c. DISEASES OP THE SKIN. The intense itching and smarting inci dent to eczema, tetter, salt-rheum, and other diseases of the skin is instantly allayed by applying Chamberlain’s Eye and Skin Ointment Many very bad cases have been permanently cured by it. It is equally efficient for itching piles and a favorite rem edy for sore nipples; chapped hands, chil blains, frost bites, and chronic sore eyes. For sale by druggists at 25 cents per box’. Try Dr. Cady’s Condition Powders, they arc just what a horse needs when in bad eondi don. Ton if, blood purifier and vermifuge. ('hanceto M ko Money I have berries, grapes ami peaches a year old, fresh as when picked. I use tee California Cold process, do not heat or seal the fruit, just put it up cold, keeps perfectly fiesh, and costs almost nothing; can put up a bushel in ten minutes. Last week I sold directions to over 120 families; anyone will pay a dollar directions. when they see the beautiful sample of fruit. As there are many people poor like myselk, 1 consider it my duty to give my experience to such, and feel confident any one can make one or two hundred dolllars round home in a tew days. 1 wil* mail sample of fruit and complete directions, to any of your readers, for eighteen two cent stamps, which is only the actual cost of the samples, postage, etc., to me. Francis Casrv, St. Louis, Mo. OLD DR. DRUMMOND. 0 Has an enduring monument in the affection and esteem of thousands who have been restored to health and happiness by Dr. Drummond’s Ligth ning Remedies for Rheumatism. If your druggist has not got it, do not take anything else. Write to tlia Drummond Medicine Cos., New York and they will send you full particula r and testimonies fi m 2 2 states. Agmts wanted. 7—2 t. TEACHER’S COLUMN. DEVOTED TO THE INTER EST OF EDUCATION Communications for this Column Should l>e Addressed to J. P. Dendy, Homer. Principles in teaching Elementary Branches. Ist. Whatever knowledge is taught a child should be so taught that the act of acqairing it shall be of greater value than the knowledge itself. 2nd. In the teaching of any school art, clear and correct ideas should inspire, and guide practice. 3d Knowledge can be presented *o the mind by means of language only when words used represent KNOWN concepts and ideas. 4tli. Th primary concepts and idi as in every branch of knowledge must be taught objectively in all grades of school fill). The several power* of th.- mind are developed and trained by occasioning their natural and haruio nieus activity. 6th. It is thus so calle 1 Comeuiau maxim “We ; earnloy doing.’’ is even when applied to outer doing, only a half truth. Simple doing without the guidance of knowledge, never made an artist or an artisan. The poorest teaching for example it often done by teachers who have grown gray in the school loom. What is needed to transmnte experience into teaching skill and power, is the mspirtion of true ideals and the guidance of correct principles Blind exprience is always and everywhere a plodder.—Whites Elements of Pedagogy. SIXTEEN PEDAGOGIC FACTS. Pkokessob J. N- P .vi kick, of Streator, 111., has written for the School News a number of “ pedagog ic facts ” from which vre select the following, to which we would add our hearty endorsement: I.Children cannot be properly taught by one who cannot think. A teacher cannot teach correctly what he does not know thoroughly 3- The mere ability to peddle text book facts does not represent teach ing ability. 4 Correct teaching trains a pupil to rely upon himself. • r >..\ telling teacher trains pupils for beggars. fi Training which does not cud in correct habits has little value. 7 teaching a pupil is training him | to rely upon himself. 8. What a pupil can do is ihe only l ruc measure of a teacher’s profess lonal ability 0. W bat pupils really know, they can use without regard to time or place. 10. Routine reiteration of lext-book does not develope mental power -11. Common schools should teach l he thing and leave the exceptions to the pupil’s tiper years. 12. The strength of a habit depends ii pon its age and the frequency of its repetition. 13. Ten minutes spent in preparing a lesson will save twenty minutes in hea’ing it. 14. A teacher’s value depends chieflcy upon lus ability to stimulate mental activity in bis pupils. 15. Memory can recall onlv what was once an experience. IG. The lasting influence of a i school is not the facts learned, but the inspiration which accompanies correct j methods of iustrucion. Spoons Free To All. I read in the Christian Standard that Miss A. M. Fritz, Station A. St. Louis, Mo., would give an elegant plated hook spoon t* any one send ing her ten 2 cent stamps I sent for one and found it so useful that I showed it to my friends, and made sl3 in two hours, taking orders for the spoon. The hook spoon is t: household necessity. It cannot slip into the dish or cooking vessel, being held in place by a hook on the back The spoon is something housekeepers have needed ever since spoons first invented. Any one can get a sample spoon by sending ten 2 cent stamps to Miss b r;tz. Ibis is a splendid way to make money around home. Very truly, Jeanette S. QECULIAR mcombination, pro ■ portion and preparation of ingredi ents,Hood's Sarsaparilla possesses gTeat curative value. You should TRY IT. Ileadnrhr stopp'd In 20 infinites by Dr. Miles’ l’Ais Pilgs. "Once cent a Jose." NORTHEASTERN R- R. OF CEORCIA BET\YFEN ATHENS AND LULA SOUTHBor.VI). _ 11 9 13 SORTHBOIXD 1) Iy 1) Iy Snon v I-- TANARUS; STITmv. a 10 KxSu ExSu l‘ r is.t. 1.. K. STATIONS. S a>n lllv D’ly A M V M A _W l.v . ExSn KxSn 11 1 M3 liar. W r,,1. A r p 't AM PM H* 112 2 VVillsvifle * '®? "T 1158 8-ltf 113,; Mavsvlte 2*2 908 715 Ia 25 12 15 cent?* ‘A ** ** pm p J S 13 K. K. HKAVES. State Agent. K. UerU" Homer High School IN ill open Ist day of January 1896. and will continue fora term of eight lßcholast cmontlis, except a vacation during the busy season of Spring HATES TUITIOV. From SI.OO to $2.00 per month according to grade. Vocal and instru mental Music SB.OO per month. Special Normal Training given free t those desiring to teach and will prepare students for Sophinore and Junior classes* Dr. V. D. Ivcklmrt wiil lecture once per month on Phvsiolo"-v and Ilygeue in presence of all pupils. Bn.-ud in good families can be had at from $5.00 to $7.00 per month, tor further information address. I’. DENDY, PRINCIPAL, IIOMEH, GA. I am Well Prepared - 'J O 1)0 All Kinds of Work in Photography. AH sizes photograhs made at the lowest prices; pictures copie, 1, c larked ami trained in the nearest style Call o me *■„ .... . t udi Harmony Grove, Ga.,an,i i will show you what 25 Years' Experiencein Photography has accomplished ® Mr J T. J. ALLEN, H.IAItMOXY GROVE, GA Hasleton & Dozier - IjAY 'I'ON St. ATHENS, GA DEALERS IN High Grade Pianos SMALL MLSHwI INSTRUMENTS, PICTURES, ITCTL r RE FRAMING, ARTISTS MATERIALS. \\> buy our instruments from firs’ bands, give our own guarantee on them an,i <an nia * c,f Rto your interest to see usor write to us before >ou buy Sationery Baseball Goods etc* ALL THE NEW BOOKS AND MAGAZINES. Bow I'rices Mailorders solicited D. W. McGregor V( J.T. ItOUKK-S, Fies't W < OUVKII, \„e Prrs’t. A. M. HEXTOX, S**< . and Trca IfiMimonmitt (INCORPORATED.) l'i:,M.K!fS IX GENERAL HtfRUWARE AND FARMING IMPLEMENTS OF ALL KINDS. Such as the Osborne Mowers. Hay Hakes and Disc Harrows, Olive t uillled Flows. Also Wagon and Buggy material, Guns, Ammunition, Belt ings, Axes, Table and Pocket Cutlery. The Fainoua “NEW ENTERPRISE COOK STOVE.” 80 fUrntell s ° UWith Any *** ‘‘liinery. Call and examine our stock and Couerof Carnesviile and Broad s'rcets, next door to Quillian fc Son HARMONY GROVE. - - _ _ GEORGIA. . ttr*tfo6rCcwi£F£js&ft'j'AavfiY Qff&uim W/imE/v* Ouft Goods are me Szst Ou* Pfi/ces tmz towzsr Fertilizers for Fall Crops should contain a high percentage of Potash to insure the largest yield and a permanent enrichment of the soil. , Write for our •• Farmers’ Guido," a 14.2-page illustrated book. 1 is brim full of useful information for farmers. It will be sent free, am will make and save you money. Address, GERMAN KALI WORKS, 93 Nassau Street, New Yori AND Blank Banks, Organs -AM)-