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A i : . . gqald and §><toqrtis<!r. Kewnan. Ga., Triday, March 30, 1888. WEEKLY CIRCULATION, 1,750. JAR. E. BROWN. Editor. While the ITotice to the County Democratic Executive Committee. The members of the County Demo cratic Executive Committee quested to meet in kewnan, at the of fice of McClendon & Freeman, on the first Tuesday in April, at 12 >r. The object of tile meeting is to determine the time and manner of selecting dele gates to the State Convention, to be held in Atlanta on the 9th of May next, and to transact other business of importance to the party. A full attendance of the committee is desired. R. W. Freeman, Chm n. year. [A voice—“Amen 1”] bank president, on a similar invest ment, realizes $16,000. How can the farmer succeed under these unequal conditions ? The national banking sys tem is sapping the energy and life blood of the country. Lawyers and others explain this condition by saying there is a want of confidence I I am almost persuaded that there is nothing this Government does that does not pan out for the benefit of the few and to the injury of the masses. re ' For twenty years he reported for the Department of Agriculture at "W ash- ington, and the only compensation Hon. R. H. Jackson’s Speech. A large crowd assembled in the he Court-house last Saturday morning to hear the speech of Hon. R. H. Jackson, President of the Farmers’ State Alli ance. The hour appointed for the ad dress was 10 o’clock, though speaking did not cbmmence until' half an hour later. By the time the speaker took his position inside the chancel the crowd had so increased that every seat was occupied, and many had difficulty in finding comfortable standing room. Messrs. S. L. Whatley and L. M. Mc Gee, president and secretary of the County Alliance, occupied seats within the chancel, to the right and left of the speaker. Mr. Jackson spoke about eighty min utes, and was listened to with the clos est .attention, from the time lie arose until he sat down at the conclusion of his speech. He began by saying that he had come by invitation of the citizens of Coweta to explain the objects and purposes of the Farmers’ Alliance, a movement that had recently been set on foot in this State, the practical workings of which were not yet fully understood, lie presumed a number of those pres ent were not members of the Alliance, but that did not alter the fact, that all farmers were interested in the move ment. It was right that they should be. It was a matter in which all class es had a common interest. Most of those present were Georgians, and no one would gainsay the assertion that all were equally interested in the State’s welfare and prosperity. A few years ago this was a glorious section. Peace and prosperity reigned in every Southern household; but, alas! a change has come over the country. The prosperous conditions that former ly existed, exist no longer—and there is a reason for it. There is a hand be hind the wall—something that needs investigation. We must investigate and see where the trouble lies. This vast country, burdened (so to speak) a few years ago by prosperity, has un dergone a wonderful change. There seems to be an overshadowing sense of inequality as between commercial and industrial prosperity. This condition effects the masses, and the masses are forced to organize for self-protection. When we come to look at things we find that Farmer A. is a faithful and industrious worker, toiling early and late, and yet seems to grow poorer each year in spite of his industry. There is, beyond question, a reason for it. In the first place, he contended that the farmer hadn’t been treated right; he hadn’t had a fair showing. In this country the farmers compose the com mon laboring classj-^they are the peo ple, because largely in the majority. Inequality results in a want of pros perity. The speaker here assailed the nation al banking system, to which he attrib uted in large measure the pi-esent un healthy financial condition of the coun try. The power of the press had been used to encourage the establishment of uational banks, the argument being that with a multiplicity of banks mon ey would be plentiful and more easy of obtainment. He believed the oppo site to be true, because money was be coming scarcer and more difficult to obtain every day. He explained the system under which national banks are organized and operated. For ex ample, if a company desired to organ ize with a capital of $100,000, the first step would be to purchase Government bonds to the full amount of the capital stock. These bonds are deposited with the Comptroller of the ( urrency vho ; t j on p noAvn as the Grange thereupon authorizes the bank to issue had ever received for this service was a few papers of seeds. Yet the prices current for all leading agricultural pro ducts were predicated upon estimates deduced from these very reports. The price of cotton was fixed by sharpers and speculators before the crop was grown, and they were better posted as to the condition of the crop than the farmer who raised it. He favored a reduction of the tariff on the necessaries of life: regarded the present high protective tariff as bur densome and discriminating—discrimi nating against the common people. Language was inadequate to convey his sense of condemnation of the pres ent tariff system. The farmers endur ed more and were forced to carry more than any class of people on the face of the earth. [A voice—“Amen !”] No class of laboring people in the world could pay such percentage as the far mers are now paying and prosper. He recited the declaration of princi ples of the Farmers’ Alliance, and said they meant every word of it. He said the first principle was peace and good will to all, and hoped this declaration would be accepted in good faith by all. He was in favor of better methods of education in the country. Education in the country meant about three months’ attendance at a little old field school—some days in and some days out. There was a manifest deficiency in the education of the youth of the country, and a woful neglect in business training. They should be taught econ omy and trained to practical business methods. The great trouble is, that the man who is compelled to follow a mule from morn till night had no time to study questions of finance or of econ omy. Turn your eyes to the country side and mark the plodding farmer as he toils day after day, behind his poor old mule—perhaps mortgaged, at that —and say whether he has time for study or aught else. The first lesson to be inculcated on this line was for the farmer to stop buying. [A voice—“Perhaps he would starve before the end of the year Then let him starve;—but there is no danger of that. Farmers don’t under stand these account books. His advice was to stop buying—even to the ex treme of denial, if necessary. Educate your children in business methods, “Want of confidence” was not all one side; the farmer had also lost confi dence in some degree. But, at last, it was not so much a lack of confidence as the lack of money. Put into circulation the enormous surplus now locked up in the vaults of the general Government and confidence would be restored, but not before. One hundred millions of dol lars now locked up in the United States Treasury, and yet less than $9 per cap ita in circulation! How can any people with energy in their nerves and intelli gence in their brains thrive under such depressing pecuniary conditions ?^-and how the poor farmers can subsist at all is really a matter of wonder. The Farmers’ Alliance proposes to teach lessons of economy, in which the farmers’ wives would be depended up on to render valuable assistance. In fact, the success of the tenant system depends almost wholly upon the man agement of the Alliance women. It was proposed to build up every class of business and pull down none. No one could question the right of the farmers to organize. The Alliance was fought at first by the Atlanta Constitution, but it cost that powerful paper heavily to do it. The Newnan reporter of the Constitu tion also pitched into us, and, as the Irishman would say, gave the Alliance “shillaleli.” Other papers in the State did the same. Promiaent citizens fought us in every quarter, and if they were honestly opposed to the movement they did right. It is the duty of ev ery good citizen to fight anything he believes to be wrong. But these oppo nents, including the Constitution and other newspapers, are beginning to see the error of their way, and all now recognize the strength and fairness of the Alliance movement. A few years ago we had an organiza- He had be longed to it himself. The members his county (Heard) they had carried the idea of organization so far that they had organized a horse-swappers’ convention. [A voice—“We’ve had that in Coweta for twenty years.”] The motto of the Alliance is “Peace on earth, good will to man.” Surely no one could object to the poor farmers organizing on such a platform as that. He wanted the farmers to preserve their independence. When they ap proached the merchants with a busi ness proposition he would have them do so as gentlemen. There is too great a difference in the cost of goods, when bought for cash and on time. The farm er might goto Berry’s bank and borrow money at 12 per cent., but when he bought goods on time he paid an aver age of 36 per cent. Let us mutually agree upon a per cent, that will enable the merchant to live, and at the same time let us live. The merchant who refuses to meet his customers in this spirit is not worthy of patronage or confidence. In the W est the Alliance had 250,000 members, and there are several thousand in Georgia. With such an organization he did not consider it hardly fair that the merchant should price his goods and also fix the price of the farmers’ produce. So long as the farmer remained a figure-head he could not hope to prosper. We must recog nize the merchants as honorable men and gentlemen, and at the same time compel equal recognition and consider ation for ourselves. If the merchant prices liis goods, he must alloav the farmer to price his cotton. He was re ceiving letters every day that indicated a general prostration of the fanning in terest in every section of the country. In the Northwest nine-tenths of the land is under mortgage and irredeema ble It is a sad spectacle to look over the country and see our wives and children lialf-clad, deprived of many of the comforts, and even necessaries, and vet have no voice of protest. Equal rights and a fair administra tion of the Government was what the Farmers’ Alliance desired. When this organization is made perfect in Georgia there will be a revolution in business matters and methods. By Christmas it is intended that the Farmers’ Alliance of Georgia shall have a banking fund of $500 000, and then the Alliance will show who is master of the situation. Farmers can then ship their cotton di rect to Europe and save the commis sions that now go to the middlemen. Yet a little while, and he hoped the farmers would be able to walk up and nav the merchant the cash for his goods, and all then would be happy to gether. THE 10 CENT STORE. Mi Mr. Jackson’s Speech. car. Editor:—! was much interested in the speech of Hon. R. H. Jackson last Saturday, and deeply impressed by the earnestness of his manner, the force of his logic and the clearness of his rea soiling. No one will question the sin cerity of his interest in the success ot the movement of which he is the recog nized head in Georgia, because his man ner and his actions are unmistakably those of a zealous and courageous champion of the farmers’ rights, there were two or three statements in his speech, however, that ought to be coi- r 'cted, and I hereby take the libeitj of doing so. ,. „ In speaking of the national banking system he asserted that the banks received from the Government an annu al interest of 4 per cent, on the bonds deposited with the United States treas urer to secure circulation. In making this statement he evidently tails into the common error of supposing coat these bonds are obtained from the Government at par. This is a mistaken on idea, as investigation will show. As a matter of fact, UnitedStates4percent, bonds are now quoted at 1254, and are difficult to obtain at that figure. There fore, to obtain $100,000 worth ot Govern ment bonds the purchaser would be compelled to pay $125,500, or $2i>,o00 We have now in stock a better as sortment of goods than we have ever carried. We simply ask a comparison of our prices with others to convince the public that we are headquarters for goods in our line. Note the following: FIVE CENT ARTICLES. 2 bars good Laundry Soap. 3 ballsEagle and Phoenix Thread. 2 spools 200-yards Thread. 4 pound fine'Toilet Soap—worth 10c. 1 oar fine Glycerine Soap. 1 cake excellent Shaving Soap. 3 cakes nice Toilet Soap. Fine Round Mirror—worth 10 cents. 600 fine Parlor Matches. Nice Pipe. 1 dozen Safety-pins. 2 papers Dress-pins. 40 Marbles. 6 good Cedar Pencils. 12 good Slate Pencils. bottle good Mucilage. 1 quire nice White Paper. 1 nice Velvet Picture Frame. 1 good Barlow Knife, paper excellent Needles. 2 Crochet Needles. 1 fine bone center Crochet Needle. Pair of buckled Elastics. Elastic that is worth 10 cents. Box of Cascarrilla Whiting. good Thimbles, ljgood lined leather Purse. Combs, different kinds. 2 packs Chewing Gum. 1 block Chewing Gum, with photos. Butcher Knife. Large Jewsharp. 8-hole French Harp. 1 good Linen Collar. Nice Ilat Ornament. Nice Autograph Album. 5 Pen Staffs. Table or Lamp Mats—6 for 25 cents. Table Napkins, 5 cents each. Nice Tea Strainer. Nice liammei'ed Tin Mug. 50 dozen Handkerchiefs for 5c. each. Large Box Blacking. Elegant Blueing, 2 for 5c. 1 dozen No. 1 Lamp Wicks. 1 good Currv Comb. 1 good size Slate. Large Tin Cup. Good Tin Dipper. 2 Pie Plates. 1 Jelly-cake Pan. Boys’ Book Strap. Any amt. Glass Novelties, cheap at 10c. Drawing Slate for children. TEN CENT GOODS. Good Shaving Brush, worth 20c. Good Pocket Knife. Good Wooden Pipe. 1 Pair Gents’ Cuffs. 1 pair Ladies’ Cuffs. Ladies’ fine hemstitched Handkerchief. Fine Xylonite Comb. Good Hair Brush. Good Shoe Brush. Match-case, with cigar clipper. Lai-ge Tooth Brush, worth 20c. * Children’s Round Combs. Nice shaving Cup, special. Pair of very good Spectacles. Writing 7 Set, 4 pieces. Knife, Fork and Spoon. Good lined Leather Purse. Bottle Cologne in glass slipper. Pair of accurate Spring Scales. Pair of good Rubber Suspenders. Pair large Scissors. Fine Linen Napkin, very fine. Deck good Playing Cards. Nice leather-back Blank book. Fine Linen Towel. Fine Towel, can be used for tidy. Ladies’ white Balbrigaa Hose. Ladies’ black split-foot Hose. Ladies’-gray mixed heavy Hose. Gents’ heavy seamless Hose. Gents’ fancy Hose. Misses’ black Hose, good quality. Misses’ Fancy Hose, good quality. Misses’ navy blue Hose, fine goods. SPRING CLOTHING, > - premium on the par Value of the bonds. Misses’ ribbed Hose Arid to this the Federal tax of 1 per Nice flowered Splasher. Add to this the Federal tax of 1 per cent, on the bank’s circulation, as now charged, and the net income from the bonas is not more than If per cent. Indeed, I capitally doubt if the net in- come from this source will exceed 14 per cent. Let us now make a oriel cal culation and see just how much it costs to start a national bank with a capital of $100,000. Premium on bonds to the amount of $100,000, required by the Government to secure circulation, will cost at the present market value. $2o,o00 Federal tax of 1 per cent, on cir- culation, ($90,000) W0 State, county and city taxes 1,-jOO Total cost of bonds *27,IKK) Deducting interest on bonds.. 4,000 would meet and discuss plowing, the best way to plant corn, etc., adjourn to some member’s house, eat a good din ner, and go home. Of course, this or- its own currency to the amount of $90,- 000, (or IX) per cent, of the par value of the bonds,) which constitutes its bank ing capital. This money is loaned at an average rate of 12 per cent., yielding an income of $12,000, which the bor rower has to pay. Besides, the Gov ernment pays the bank $4,000 on its bonds (deposited to secure circulation.' making a total income of $16,000 on an actual investment Terence between $>00.000 m a ge mentioned thisTnerely to'show that per cent. Government bonds, and >><‘ -j u , mem bers of all professions are bank’s authorized issue of $00,000 on . bound together by the same mutuality the basis of its bond investment, being of interest. The bonds are them- Net cost of bonds $23,900 When to this is added the current ex penses, salaries of clerks, etc., it lsharcl- lv possible that any national bank with a capital of $100,000 can realize more than 8 per cent, net on its investment. I am not a banker, and have no interest in banking enterprises, but am familiar enough with the system to venture the foregoing statement, and am prepared to stand bv it, Instead of realizing $16,000 on a $10,000 investment, as was alleged by Mr. Jackson in his speech, it is here demonstrated that the banker does not really make more than $8,000 or $10,000 on a‘n actual working capital of $100,000, which is quite a difference indeed. Mr. Jackson also asserted that the volume of money in circulation in the United States was only $9 per capita. Wrong again. In round numbers the circulating medium of the I nited States is $1,650,000,000, or $27 per head. No country in the world lias so large a cir culating medium, Great Britain having only $895,000,000 (or $25 per head,) and Germany $714,000,000, (or sl6 per head.) AgainL-Mr. Jackson seems to think 36 per cent, an exorbitant rate of inter est on time purchases of goods. Has he ever stopped to consider the ex pense of conducting a mercantile busi ness? Has he ever calculated the cost ' J SHOES AND HATS! Our stock of Spring Clothing is now in, and we have no hesitancy in assuring our friends and customers *that is the and customers largest and handsomest Spring stock that we have ever car ried. "Between four and five hundred suits are now spread out on our counters up-stairs, and they need only be seen to be admired. We are selling good Business Suits from $b to $15. (Just think of getting a whole cassimere suit for $8!) Dress Suits, $15 to $20. Best imported custom-made goods, $25. Or, if you don’t find anything in our stock to suit you, (though this is not likely to happen,) we will take your meas ure and have suits made to order, at about the same cost. We are bound to suit you. Extra length Alpaca Coats, and colored Alpaca Coats and Vests. A beautiful line of Spring Hats, Straw and Felt. We have also about two hundred sample Spring Hats, which were bought 40 per cent, below manufacturer’s cost, and will be sold the same way. Remember, the BAY STATE SHOE is always the best, and the manufacturer’s guarantee is worth something to you. J 1 \ HARDAWAY & HUNTER. Nice flowered Lamp Chimney. Nice flowered No. 2 Lamp Chimney. 2 No. 1 Lamp Chimneys. An improved Nutmeg Grater. Box of Envelopes and Paper. Gents’ Collars, good styles. Gents’ fine white Handkerchiefs. Gents’ fine Handkerchief, with border, Box of Swandowu Whiting. Set of nice Tea Spoons. Gents’ fancy Silk Bow. 1 good Lock and 2 keys. Nice gilt-back Autograph Album. 1 good Claw-hammer. 2 yards fine Picture Cord. 1 good 10-hole Richter Harp. 1 cake transparent Glycerine Soap. Splendid Wisp Broom. 2 ft. brass-hinged Pocket Rule. Nice brass Tea Bell. 1 pair of good Scissors. 1 Collar and Shirt-front, good goods. Good counter Duster. 1 Mirror, 4 inch thick. 1 good solid Rubber Ball. 1 good School Satchel, rubber. 1 painted Spittoon. 1 nand-grip Shawl Strap. 6 quart Milk-pan. 4 quart Milk Bucket. No. 8 Wash-pan. 2 quart Sauce-pan. Large 2 quart cook Dipper. Black handle Dipper. Deep Bake-pan, four quarts. Improved Potato Grater. Good Coffee-pot. 4 gallon Milk-cup. 3 quart covered Bucket. 1 good Fry-pan. 1 good Stove-shovel. 1 good Shade for lamp. Glass Plates, in colors. Glass Butter Dishes, in colors. Glass Sugar Dishes, in colors. I Dewdrop Berry Dishes, very handsome.; Different styles Pickle Dishes, Glass Bucket. Glass Pot. Glass Tumblers, all colors. Glass Dewdrop Mugs. Glass flowered Mugs. A beautiful opal Mug. Decorated Salt and Pepper Bqxe FLOUR! FLOUR! We have now on hand a large lot of FLOUR in Jute Bags that we are offering low. Among otljer grades, we are selling a good article at $3.50 per barrel. See the Flour be fore you buy. Our various grades of TOBACCO can’t be beat in this market, either for cheapness or quality. By the plug, pound or box. Large lot of SUGAR and COFFEE just received from : New Orleans, direct from the hands of the' importers. We f j made a close drive on this purchase, and are willing to divide ganization accomplished no good. It had no declaration of principles and no object. The farmers had had no protection, while every other class were organized. The lawyers were organized, and every profession had some sort of organization. an , n of SKI.000—the di‘- lie had a son who was a lawyer, and inve-v wi in a hacl no prejudice against the profession. only $10,000. selves interest-bearing, and of course represent a separate investment. Now, a fanner goes out and invests $10,000 in land, 'and yet in trying to farm liot only fails to make ends meet, but out behind at the end of the comes The merchants also had a system of organization, and a splendid system it was, vet it was not more nec essary than the Farmers’ Alliance. The farmers were obliged to organize. The Alliance hoped to gather up the strag gling, struggling masses and put new hats upon their heads and new songs in their mouths—to hold them up and in- yest them with a new independence. In I understood him to say he was once a — . . merchant himself. Did he fail, or did Different styles mosaic N ovelties. he retire from busiuess voluntarily? If he failed, as ninth-tenths of those who engage in mercantile pursuits do, to what cause does he attribute his fail ure ? His candid answer to the forego ing query may throw some light on this subject, and if [ am not mistaken vviii have the effect of confusing the gentle man's own statement. Should he lino time to respond to this, and will ineyt me in a spirit of fairness, I shall take pleasure in discussing the point with him, agreeing to confine myself to a simple''presentation oi fuels andjirjures. In this manner I propose t<:> show to the satisfaction ot all fair-minded men that Mr. Jackson’s sweeping condemnation of the mercantile class is unfair, unjust and unwarranted. I am not a merchant; neither am I the son of a merchant; nor yet a lawyer. I am simply a private citizen—a lover of truth and of peace, with our customers. if you please—but I want Fair Play. Nice Glass Cream Pitcher. Nice Glass Spoon-Holder. Any number of Nappies for 10 cents. Gents’ plated Scarf-pin. Gents’ Initial Scarf-pin. Gents’ curb-pattern Vv'aich-ciuiii:. Ladies’ plated Bar-pins. Ladies’ plated Cuff Buttons. Ladies’ nice Necklace. Ladies’ nice Locket. Ladies’ setted Finger Rings. Ladies’ coral Bar-pins. Ladies' golu-plated Ear Drops. Ladies’ Jet Ear Drops. Boys’ dumb Watch, with chain. Large two pound bar Laundry Soap. 3 large balls Potash for 20 cents. 3 poundsSuda, in 1 pound packages, 20c. I11 addition to these 5 and 10c. goods, we cany many other articles, ranging from 15c. to $1.50. Make out a list of what you want, and we will serve you with the greatest pleasure. A. D: JOHNSON & CO. A fine lot of HATS and CLOTHING now arriving, to which vour attention is invited. ARNALL & FARMER.