Newspaper Page Text
THE JIJIPLECUTE
Ml MONEY.
Secretary Smith Speaks On
the Currency.
IS RECEDED W ila EMI!USj.'. 53L
Ia.rge Audience Gethers at Gainss
vills to Hear Him.
mi COINAGE ly.'SACTICABLE.
it WdbM Drl vh toe 4.G*«*iitry at Oncn to
Men»*<SM«tall4»H atllJ h'r > fiioo I>ig
** lion. IJnVc Kndth. In »>i„ i!:enc< to n re
«inc*t Ifiin a numlier <if the clllr.'-i,. n(
Ufd! eocnt.v, (1,-Si . nil n cpeecii oil Hie
ciirremy pi nhleni Isi (;;iilll“,v,lic,oil 'i llfs
*lii}', July 23,to u LirtiU and nppreclailvs
aiKileiicc.
Judfjp Klmscp mlj-mrued court at 11
o’clock, Unit tin- kpenluiiK mi.”lit tuk«
Jll.'HC ill 111, l-Olll-lllOllHI*.
Sucre tar y SmitU \\n» ewcorf Cl] to t!i«
roiiHlioiise liy tIso lulli-wi; 11 > cotillilittco j
in «i»lasre«c J. \V, O-liu, It. K. (1 r»cr,
V. <5, Sniii!(-ra, S. C. lHmi.ip, S'. M. Johu
mn, J F. ilill'pliy. Then .1. ,1. (JuIuch
nml F. hi. Joiiiiwoii, Jh !i county’* repre*
.,‘iitstivet, in tiie Icjil.liitiiiv, cn‘-orU*d
lilm to tlie xtrtiiil.
Judge Kim.ey prcupujc-l .Judge 11. II.
I'l-rry, tiimvii in nil Aortti Ucorgiu us
cm of (lie litidulfMt nml ntuidicKt young
CielllOCI'lltH Of IliCIII nil, wllo illtioillu-eli
tin* spenker of tins riuy.
JU(Ja*' Perry spoke with enruoat up*s
mid force. Il- siild that in* Ibiinkci) (to,I
tbe people hail n iriuii w ith them today
io fPMciiHM tlicgrciu Ishiic oft!i"hour,wli«
•liuvit to <lo right, wliAtevor woie the
ConaequenrFM. fie icferreil to 1!;o cnni.
joilgn <>I 1H02 w iien t lie lullm ,t« e o! Tjim.
innny Hull, wlilcii was seeking to force
tiie iioipin-ition of Djivfil IS. JliiJ, whn l,e.
I»K tvicldmt oguiiiMt tli m t ft hi less chom
jdon of tittiff reform, (trover < 1 velmnl:
Inin tile (Jeorgin wfote eonveiiilon met
there were some men in it who In-nvely
►toot] for tin* right, nmi foreinoet tiuioug
them wti» Hon. Hoke Smith, (Ap
J'lmiee.)
“That wow n great ilnv for Oeorgin.”
he exclnimerl, “when Hoke Smith mu vet)
flic mote for Cli ..-In ml." (AI platme.)
“ftow,”continued Judge Ferry, “another
1-odK! |h upon tin nod tin, only ImlwarU
of the people i- Unit grmnl dvinocrnt,
to rover Cleveland.”
Hti i-oiii'i'n tainted ilio peopln
tlint tlipy IihiI wiiii them no nhln
mill til. ting tli. fit'll tin mlvocnte ' of the
policy uf the pre.lileiit in SiTreliirv
Minltii, ■whom lie iimk pleotiui'e in pie*
eentinj: to (lie emiU-nee.
Heeietnivt Hn ith w«h Uiutlly (tppUuided
pk he rose tt> Hpettlc. Hie nmljenee vv.-ih
evidently (Here to lixten.to tie iiietruetetl,
to think ; H \vim not a noisy Huilithitv,lint
« lliu-otiglily dpi r i intive oue. It gave
the Heereinry n eioweneen of «it tent lull,
mitl dlnplnyei) n diserlminnUon In He up
pin line in tile highest degree eotn pi.ineu l *
jtry to the thoughtful ebarneter of hie
r.-marks.
hKCrfETAUY SMrjTi’H KEEEfJl.
hpcrctnry Nmltli Haiti:
"1 am here lit icsoouscto your Invitation
to cU.scutji* the financial probb*m, 1 »liall huj*
I««*rt Mu- n.iiiuinl cUmiu ccativ jilatform nml
4i ji|)omc the uniit>n m 1 p'-atform of U’.cpopur
liHin A< Chicago, in tho «U*m<tci’aiio
by itrf icjd cKcntmU t k f.»c rhociiiicc
Viiioa, voi.c<l down ovccu hHimiiGy in*
j'ropuHitian of n tlol gate from i'oiorndo to
SiiKHCt m the piatfonn the u ovtl ‘free,” which
Nmllrt have made the jilaUitrm dcclnvc for
1 r<-c <cini».*.*c <8 nil vcr. 'i iu» platform adopted
A\lnn htuicefy consti'uC(i,cn.(jt*mM‘d Mir fret*
rtiiuayo «.f fIImt at li> to 1, and the deb
giitiK, <m the litKt ballot, non,innuvl l».v a
t ivo-tltir is v*itc, an the Ktandar J bearer of
Du* party an*’, w ho, in 1885, by n nensni’c to
ronyveoH, Lad opposed Voifb tlm vui'nagc
( ! Hliv, r at d .he lilnu lie aei and
i-ier. I'ei.rutiv lo. IvM. a private
titlven. in a p iblie lett-r. deetn.ed Dee, pen
h" U i■ e .-..ndmited mol tnde;e: d m .-uiu.
*'V- Ml live ' be-......Semin and
.............
Tin. noinmniioa emplomoed ,ae tepndl..,
tixn by c.t> convcntiou of the f!*r cuiange of
s*lt tr.
,? 1 Hfiall. tdso^Hbow that this a ac;j< n of tin*
<b*mocr ‘t\( lia r ty is In pcrWt accoul w ith
tto* tccidiiagM of .IcfftM'Koii nml ,{j»ck >r, but I
M-h nuwiidm? to waste tUi-c fallo w fug thu
wordy b,ir*‘tjytm m*c»)ly dc licrt’d iu our
► tatc by ti’.ot patriot who hci veil 5*i* country
aim.ad «bii such dintinytUMicd K'li eess nn
the uppoint*o of Fred .out H«rrl <*a iu u$
Jii orccijan • »i fur s' j Hb,
“Vc Innc Mh-j Uruugh a pn’ i\ 'limes
have jntproved. 1V»th**ui stopping tt» nr
count iov 1b • pa hie ii .sbonbi i e lurm. in mind
Ih.’tf p.vGv* hnv** octiurrctl nbout every
i J^ v *' , vy y«*nr**, usually eccatnpmdeu with <\U'
trust of (.I** kind of motu'y use). Every pmib*
bus dt*v« Jop t| a party in favorufhsd money,
hut with roi urn big pr« s(>* fit y t.c party h ns
Riel, liclicf from pm.it" bus nl wavs coins
through rpstoratitoi * * f civutidcncc, not
liirougt h.til moiifv."
THE EU NATION OF MONEY.
Continuing tl.e Secretary *u\ 5 i:> unit:
Money iy ji device to feel Hate the ex
change of com modi lie*. Property n/onev is ex
(pnangi..) f.»r inont-'.v aohiV t:iat the tnav he
• $s xciiLHgrd enable f»» Othei projertyl its «»-e
m a man bnvuvg property who
fllOIM »i t ’ t desire to keep it to obtain eonic
«>thr| property w hich he wisliia t*» procure.
The more miivers.iily r.M'ogni/e.?. ifi, refare*
the v«i ui» of the money and the ie-s bulky it
Is it to turndli^Ute more'completeiv will ft fa'cil.
ate exchange. Mjeli;. kU.ius, toba.-co, have
bee a u«e*i ns money. )r w as ! he act u«i value
rtemnivid :u thv coininunity nntl thtir -ulue
nt thocc ; Mints where rite pcoph* of tl e cum
mnuitv traded »hfit made them serMrealdc* skins!
<l«»ld htia silver an* better tkan shell
,
tub.-u-CN M.n HcM-ut of their more unlver*
kuUv r e gn ?„-.l v, J?;,* r» ? on necoiint of to
' " ;
fact that t*e nrc e a *ie» to handle
i he Set retarv showed that it
wji*. not tie Ntamp of tho government
but lie vuluc of the King ?UWf
*" i'h tSx**d is cKchangvnVip. quall-v
♦ . iuV.irr.tH ni«.i.i-. I.ml , h «tnni-. . f n ». W
*r-«.«r«» onH. l,(-t till-flirt 1 : at
irient did r.ot Jiavo rtu> c III rnfcrai n,e
;• • uf •• ctnal vloH<:i*««yi>u
its iX-kMi/Pub'e quality. 7he gold reins,
hi -• v-r, (If Hie c,jeMic.v, are VH.t,-oilv
«o<. | .li:), nil........... |de Kill, rinm-o! lair
TIME Foil QM> MONEY KCUEMKK,
Pnyer iron«y is. good w hen the gnvern
«ld»* on j*s « utntion to carry eut ite
fj.~n tt. ’cd cm jr ]*; 3oui«lij(ig of actunj
mine equal to ft* face. The stamp of a t •
tmnitnt on a coin i« good If the si «o>p
th« truth a bunt iht* ▼nine of the bo..id.
Cojp*’*’.
**tit»tory 9 * *nia tb# 8eer«-**rr, “tParlen
t
that a ha *I inn»i*;r acncm# ahoiihl beexpe i*-.i
now. It coii’fti In tti« form of u proportion
foi tli** tic***, unlimited and Independent /»hi¬
nge of rflv-gr ft Ifj to 1. Gciitge at 1*5 rn J
meani ►Istcm tiincN an much riirtr » a •• 1 1
In « do lat —26 grain* of atandard gold,
412 1-2 ggTKfua of atandard **ilver, Frceidm
««•’ rnv*ttn without chirgi* to the luil'fou
h >l'*vr, but «t the capfliae of th** tax pnerj
ui.Hft tiled thvu ii« to volu all that iaoffered f
} »* Uflf T t 8i*e'Sitf r. ret. r«'iire to f Li
«-*»»r>e of t t fier n.itfoti** in tin- l nan 1
J«»ppo*<* illla *1 <
. fjfijjMir };;ai«*l>:. !ion
1,1 i; ■ 1 ,xeor «»««* u-1.»■>,
a. •: uppfiat; ail Of i£H real eft set*/ j
THE ftJEVKUITEH' CLAIM.
“Th* fm* i-Uver flivoenteu fr^:
t ; fit th art i f 1H7« wan it’at-,.f*
tut***' ) »n 6 rnhhcr} the of fine-hnU of
H e !H‘*ney <1 final finymurit; K‘*roud: ti ;.t
f »r iM« leaeon thert* fw n«.i ►i»ffh b , nt iDouev
of thioj fiorililiit, and t lie il ;ij). r5 it 3«‘11 of
i». old H u* every thing el-c. T 7 ?;« n
thexe 'Wo jirojuiHlfI oum their ciilire urgu
fiienta gre bf'H-0,” ;
'i he 7 . rr efni v rret th* Be pn»,<* 11 }'for h hy
efVf»,o'atf, fir*- f ; tb&ttiift sjfofie r ( >-on tr.o" ion
* f l.i ori-y final iroyimut i a * not tnk<*n
;!««»■; H»«*ond: that th-» , ro»tM*«>d r-un.ii> )
nou|d la reality drive one-i,all the money :
Mitt in •;«' <Mit of (drriiIrtffon mid firoduc'? a
yoinrwetion roh.oUH iu It»« rennitx. i
Hp»i-I d'it ts hh ImmaferSa', eo far as the
{iMijoiaeti 1 giHiatsuii w aa concerned, now the
net * f 1-H78 wm jm mod. ■
“Jt would b« folly to bring oil nneh t!h*«*i. !
trouncMdtKcqugnrrH far theVi'ntpl'itfitti faction
of rth enling ti law Intproperly paHHed."
I.vi:itr.A8Kl> VAI.iti; OF MONKV.
The net of 1873,1:** iTd'io <|, did not remove
etie-hijlf the money «»r liunl paynout.
ISTfj the orly hiTvefi f'dfti |» the Ch,led States
coioisted slit Hiili/Jty silver rtlr-ouiring to !
9 J 7,000. Otib, uhii.n was not gfM»d for tl «
^ayinear. » f debts in nuumi’.t- beyond five
diiUHt’**. T hneofrod gojd In the hnited H
hdi ntriminted to only $1 ftS,00u,00t>. 3 he
‘o ned gold in tie Halted now
amounts to £<>7H.r><H),o<M), w MJc i: «
ur t xilver dollar* amount to #423, 280 ,Odd,
t be Mibetuluvy iUv< '
nud i to Sjf 7U.77 2,CH(»,
The total g"M and r. J! vc* , lieiefore, in
3 .s 7 :i vvnH $ 1 52 , 0 (d),yoo 4 wade gold *nd
wilvyr now is 1.238,0(Mb<H»0«—mght; tln»es
as miieh i‘M in 1878. The pjrqet r.ioio-y, in
eltitif i-j.» bank n* tee i g :l87a ,wax ahum cmjuhI
to U.» fl Hi *t• i n t nuiviti to*- . 'i'he o r < HpiiM of
< i« iMila t b n in 1878 w > ,s bet w t eij-^18 and $1 to.
3 he ner <■; pit it m> w in hot v.ofii Jf 28 . ttl .^ 21 .
Oi cotnpj re the io|!?ir.eof m«»nev under the
pieGi*r.t l a v. w|tit t?e % oIuiih* at Mir time
jojor t<» the too of 1 s'73. Take the .war
lNo(', foi f .(Hinjilv. l ea flu* fr*c v*»iunge of
bt<ii> gtdsii a lot *4 1 1 * o • w # « iiJSo w e il i iy ItH.
Th*ro w it* then, e h\ ?• 1 5 I.Odc/mn* !«,|iik
"(llt’H, $18 5 , 000,000 ; total, ^285,000, ‘* 00 ,
•ti eidng l>f ciitdlli *(f 8 i 2.02, ZJ’Jllt
iiiinut ii«H hh much qfi „„,(„ 1 „i
Thu i»ec t'nj il ‘ , . , m tin-1 i’ -i
M filev, . vvhb ,, , li . tx Did legal t* ndi*”, at |.ie er,t
Ia $D.U8. T'biw }>* a Vnrg*‘i j e enp i a »>f >-iiv< t
tluin Hint ui »r v d«t«* duiiiig tii^ }'c*i .<i«l
w ben free and Unlimited coinn^e «»f Njlwr wan
provide.* f ir by law,
ENOKMot s PliOld oriON OF both METAI.R.
It is more thnu tvvb'o «» lurue iiw t be j>* r
t\ of ‘dHvr enr u ." found in imy !:< <■ i -
vi 1 fount ry, today. Moxiro hen « p* r cnpltn
of but: $4.1 8 : .JupnndjP. 1-I ; and no oiist'i free
si v:■*.»* totintr.v h:.N ho much.
* r i «• * Pi ini, (•*•’. l *■:-, ” ; «> hh! J, ‘Mliat t!'c
••f final p•) v a:eiii 1 »p« li, n r Mh „
op. -hfi j. ti etoi-y flejirlvp a t o jaihPc* of a
Ml die lent Volume* H eni.ydy grauridJeHH.
»»ti.l ti««>iii ami .diver, both, and Intve m<
t htin w e evf r 'mid pi io to the pinmage of ihe
net of 4878.
’’The claim i*i*o, thqt the currency him
Contracted, !beeby upj» e l .f tf* the value
*>f gold, 1 a ahown to be la Is,» by Lae i normons
output of go »i, {n**t vf«f; i< v, i.k the lirgi at
in the NvorUPn Gatory, and amounted' to
$181,5(10,800,
“The nrld’s coinmte < i gold In 18P8 roue
to $23*j,7Nr»,noo nmi th/u ofullvcr to $185,
H 80 . 000 , maki‘g theinruest yc/uiv ft «•<»<•«•
[ ".V,:, j "• "“Ho »li..(»r,v. with pd.-iMy mm »*•
J ..(■ worl.l .,, h .toil. i In i mI li*K« I triKU'-.g-rln
'• !'/ !M '. 1V
div '' ,’ VioLl V , i ' (“ I ;" ■....., v! ; ,ti,l S ‘ M ‘ .""", yy
n ^ ? 8W ‘1
T l, '" u i 1|,,M «f
' ' '■ 'i! I,” V'i t‘ M ’7 MH ' l, ‘‘ lipi ' u
uoi-1, ju.t , , «>’ 1 il (Uni iic.'B culiti'd upon a >,,«
coliingt' j Inti.
DAK DO hi) APfRKFMTKF)?
“TI.eelalm tlmtuidd loot ni'iMee..-lied, there.
b.v d.-jMeii ni.g the '(line of i reduets. Is
luieed iipoii the theory Hint the decrease In
t lie diliie t,f .liven,nd tn the value of pro
Untie has been rontcuipitenneonn. A caretul
examination Of t lie tneta h1io«h tht» not In
he true. The nverage deereiitie of toll m e l
ii»h since J.s7.i him hien nhout go eel- vent,
The lienvi,Hi Uet-line li.m l..eiU:, the llm ot
liiOHO tldiigH vv hieii tl-.e inaHKfH of (lie people
./•K A 11 1 ,’’7* reductions in price arc pmtly
altri lutnh.e , ,e a iesttii '.l t-o.t of pronurtiou
and partly to the recent p«i.|e. « l.t'e Cum
lnui I. e-, enve^ al.en _l) per ct lit, tilver iiu.
per cent.
‘ “ U * <•«»*•*•*«• pnttlenlarartleHm:
t S7d corn .old for 41 cenu n tm.hel; silver
wns wurrli $ 1.81 «n ounce. In 1895 corn
, , (,,r r 15 ^ “ , >llv ,, *‘
n " S!|V "'. "«>' i'"l!,n 5» per rent and
‘“ r " r , M ‘" ref rent. In 1ST:: wheat
W * M ' vor ,h SI 2 17 “ "‘J’" $!•«! an
I In tsTe , wheat vvn« *i.»4 a bunUcl.
Mlvw **•’“ " n 1,1 Gss'Jvvhe-u w as
* c<n **• **J ' or * ‘ ,. # ' . 1* 4S‘..>, . wheat , \vii«
80 eeutH a bushel, silver <>7 cents nn ounce.
COTTON AM) SILVER.
Cotton. TbU ftb. product,on in wMcb
otic people an- dtcctly intcrcstetl. The claim
that the n nhieof cotton depended upon the
rise or fail of silver baa been shown to ha
without foundation, this year. Cotton in tho
lAHt four inoiuh« 1 )hh rlKei* 80 per cent,silver
5 per cent. Prior 10 1878, the price of toiton
varied fi oni four to fortv ceuta. Silver never
fell blow $i 29. In 1845 c otton sold for
foil* Silver was then §1.82 an ounce.
The million in a silver dollar in only worth
Ba cents; 25.8 graius cf standard gold arc
worth 100 centK. It will sell for that all
over the world, It now ConHtltnteK u inenB
urt* of value i 1 tho United States, und a« a
measure of values w ortb, hairing: the coinage,
in round numbers, twice an much m* the all
ver coined into a dollar Then why do peo
pie ex change products fot a silver dollar as
readily as tor .a gold dollar? Vhy do they
give a hundred ct irts worth of commodity
for M silver Uoli»ir"w heu th* r-ilver h* Dion in
the d«*i1ur Is only worth 5»> cents? It is he
«•«»“♦’ the g«wc-ninent started st,unrtn« 412
i,iM > f Oliver one dollar, and i.aving
i VMt vio*tv. tnt o coutincrce as worth n hundred
bae h'U r' l Hpojisiale lo keep the c< hied
<ln ' !ar nt ai1 exchang* able value equal to
stamp put *’U i:~-to keep it up to th 11
of 25.8 gmitm of g«dd.
now aiLVKft w As TREATED.
»rt hi% non; coVects $500,000.000 ,
'
* imT]y U‘veuve. Tht*re m 0 428.289,000
standard, rilv.-r d« liars. Of this number
$ 4 - 00 , 000,000 ti^ury u*n in drcuUti'iMt
They t aa^'.pa* s i to the i ww-vuient
'
4 {hcU* t fact t
I * L.v value ilZ\ nl To J ^. % * m *"*'Tl
\V tt a ' 1 '° n
"
not huh, pin t ,1 v i " '"y**
^ the numtei ?’'X; uf '! f .. Til! : «
l-r. It woul.n.r«..k Ve V..v«5V v«l'5 h i'"'
rt„>^ to I....... ,lt t..*m i-t a B»>i.tw l than
valiir th,- ,IIvh “.‘.‘cG-’o , n u5'U .
Klr*t. w,- Uni o.l their ^
Idand-Airson 'n.t-n art mid, to s-’em 'tshcl-inHU (iOO ‘
m »nth. r .,. f
iscts no iurror*- t !■ Iiurclmse i„‘..»„ s’l-Hi -1
4.500.(100 ounecH ,n-r a,out-, T- Ir
amWe the(j.mnntv ’.aisse that th.-sl.ntv at
tfte*o\entuseat n. eueiuin them v. ns xUvettt-
euro. <»* nvf al «. a* ratiied and It ha
<• *m« w<*M»r^ to *epeal th** Sherman art,
wit* wa* |tt>i ting Mf)v»r on the ^tvp ntnent
1 0 ft** . N“W *.v« have ?h** rr.eii
tl mol, but t»«vc etopfo-d builsti more
1*3' and are Rrado-dly e<<ir»i:i 2 the bullion
v * e nove alf'e eiv hnujrht, buy nz no more
hu5i*>t* exempt lor eubdtliarr +i.v r.
Fit HE COIXA'IE IS MONPMETTALTSM.
“The roposltton !k to tike off ail limit a»
t*» ri.jnage; to withdraw the
r«pp'»ft of ffiver; to let any man who hen
ellvtr bui ion wo»*th titty rents have it
afaiujed a huiulrei! ecntf*. Ki'luutt p>v*
ament fijyifforr 4 1 2 1-2 grain* «.f f-j.v mil
*-•* new silver w uSd **e of tilt* si me
h.t, . ,Httg* nliJt* value. Th#- t|m titbui f hrrtdu; »•
l w : H i;n* rffpirt w mild free Yinxe «*i»
fi vn huHiou? V*«»sl«f 412 1-2 j?r» i ,<4 .f h:I
v« r !•« f* * in »* worth u* muci* a»* 2.“.K **rnii.K of
tul-!? Wuuttl free toiMiRe gi e it i»i eri
*h u itienhW nine equtsl tt» • i r r»r a • r <Utl ; isr
ic fur markets of the worJrt?
Hiivrr i< no? doiibl*-d l>r fre * eo: <*
«*xr*f «i»«:ea:>la vnltie of « ur i. • :•
miKt rtr«|» to the a*-tuni value ., e sf i *r
f-*** 2 i»t•» it. UV would not f>«ve li t intn,
but M Jtold (iolinr tv ottbtM lee uHfnm li as the
Oliver dollar, and the erivn- dollar would
be* nine tun Htanclanl « j value,
dollar out of,l e'»latlon/ 'M*
a oi.Ul red,,,. <„,r Wan.lar.l
A GOLD STAN!>AJU> Ki: ;; ’-H,
W'brn the ii£t of 17D2 was pmo^ed, .ieffpjhou
nno Han.1.ton both d« t••rmlned to muk • tr»«
Hew- gold and ►liver (iolitiiK njuai n value to
‘ CaTldafd of mejiiniipment, whb-fc
';«** « do) )»r cqmri to 24 «-4 ter Huh of ur«d :
1 fet oviii7,e«J tae fact tlint tl:e«*X'*hmigr.by
’ulue of a eolued dollar must lc eontivd ed
^ <‘<»inimner» ial value of the bull on imt
< 4 ito It. Therefore, they tr.-dertook to tin<j
how mnnv gralea of i liver, uneoiimd.
rommert UUy eqtinl la v**im* to 24 8-4 yr !*»►
< f ««dtJ. They (i.eid-d t;j;.t it required 1 f»
times urn m*.n#% «n<l inulilfiiyfng tH 8-4 bv
Lj j.la* ed 871 1 -4 grniue c»l *1;ver la n <l::!);i>*,
f l hi« under valued gold. F«*r the tirnt few
ow ing ln:g< jv to the luck «ifquiik hi
t<u*iuitlonal comnumJcntion ft <*ir<*tii to
e Hn»it«*d »xt< nt, and then, long t o? re f
w < nt enthely out of rireulwtlon a ul we tv i
on tiie silver Htumlard. In 1 n 84, ,| ti pk-»n
*o'U£ht to r*»tnrt* bimetallism but he w a -
tMiwiJUng t*J «-*h*»nu?e the Mtnnd.iri !I pO 11
"hi b the bu«lel?» w ns then tei:in eone. He
f‘*eoaliir <1 th* danger t<» c«Mnm»u<e of
fug the standard, fie thei*f**re iiniucmd tl.«
ninount of gold put into n d jlnr, hh t >.h t unv
dor the new rolnage th** bullion v?;!«*• of both
dt liar* would b«* jtmt <q.u»tl to the dollar then
In t>e. and at it5 h inatame a new ratio of 1 «,
t<» 1 war jiassed. 1‘ wrh mo on bon'd that
Hue 'ow TAtin noderavlue l Milve.-, ami kdim :
k v efter 1884 1 l;i» cuui. try went i o lie cold
**aiuiarii—25.8 grains of gold to the $**»H*»r—
‘Uul hn* bt«*u on it ever »lnee, with tii*.ex eu
tion oi the time incident to the war.
MO UK AH BULLION THAN MO.\»y.
.’niter th, new rntlii after FSCi. even
‘•"’•►•’"•i’ "fi* " , ” rih aw «o,n men.
,<i, than it. coinage value, and th.tcfore in
isr.eu l«», to provide frm •
tionnl currency containing n reduced uu;n*.
bur of gruin4 to the dollm*, and Muir lend
Umber will* limited t<» five doibirH.
Thu .Sfoiflefi milled fbiHnr w a
hi ill in circulation. but the highest
»»tiioilnt of fan l«n nilver l\v tho ce'itnntcM <*}
the 'I 'Mi-my Doomuioiit, in clrciijaii. n, at
Ht:y ttao, vv«<* ^oO/WO, 00(1.
“In- the Lold i 'lre.lllation V PK fijll,*
Ouo.o » 0 , nml 8ububUm v aip. tr , 000 ,ooo.
*• liiIf 4. 000,000 of niiver dojhsr tittd u* * n
eo nod, tiiey iind nil jl'oim* <.n! oj .i\ tila ■ u
*v.„ tmor ■ w Len r ( ;',m| fk Par «i v s r
tuna their face value. 'J h - facte n*«ve that
!m* and itnlim t -d pinn ae of both n.ntniH, by
tiie l r ni'e i >t«tee. -'id n t HUS ntniitiailv
affect the bullion value of cdh r imtal; tnnK
tlm cheaper nuti.l beewa o ut fstaa u ;
vuluc, ami the'other vent out of vlrcuiuHun,
LKMHLATION AND U h EFt KPT.
Many yenTM *.f , xperV nc*» 'w nh Pt>y and
tin linn Uni coinage •! (>• Mi i:ier\!s sen w e L
that bv f ee end nnllinitpd > • iir j:
unable tttfikelt to equal efleet; gold IP-M. the at vain** tfiMoof * f t.i-.'jM*, 15 t»«
to ti» to
1 ; or second, the value *»f gold tomak-it
pqi.nl to -liter h> 3« t<> I »wn il.- <:r:<rt«<e
in ih.lr UiiUJt-.n viUih-h « :n .mly r. |i.r cm.
It it not piviios-K-HU h t-i * litlni ih.il Ire- nml
ti ccluuaf n« . « ill In-tcit the
s,lv,,, > thu "‘““■‘■I > ary I* fill
percent.
It cin.it l.ecl«lm»rl tli.it th. 1-"inlntli'n
bT ,h “ ^ *"*•'* "* I '"' 1
»!!<■'tnl the ................. nt -fit-, f.r
*>»«* '»•“** "•** '“«'<• Iiirninl-e 1 n imirket
to, *600,00»,(iO(> .,( much »nor«
111 prune!lion to our 4. eren-tna pommere.
ilooi went rhrm.gn our ir,lrifn dioina (It.
<1 >«••( her pn t unlimited eeim.ge ot liver.
‘lie lull in tl « ot .liver run ». sily W m
tinted foi-. in 1KTI1 the wert.Fe prodeet
«f«i!ver meet mge vnlu- wa. *!St,(l(i(t,m.iJ ;
,M ' 3 wiin # 1 tm, l.'iO.oo .; in
$80t», 1 ti.1,000. end It. Ist'd. idi-l.tHt.of.oi
‘ ie ■ io rmouH iiieree.e - . product ot eft.
k fl««’ ■'(•"*•■ f.u-1 ' I t,t nlver
hud fallen in value . o
FoKMKtt i.roiss.A i .
It, ^ In. W .lion inm-e, i ,,,,.
nil Sweden and -,i rmmi ,i ,
ro)l , n .,, ,,f e lver in 1S73-4. oei > i. ee
nioi.eiiod tdlvrand put f P.oo.OoO.' ;>U I
|, u iij„„ anmi die si.j'hP . i-- pen.
mark, Holltm... ID,.- Am . r.a. ii-pyarv,
a, !C! , m ,«p. B Ucd the eoluaae or demoneiuJd
H ji V( , r
rhe l.nMn rnioti, conirioftt-d of France, Del
Itivun, SwitucrlniHl. H.:ly and Mric*e, wfis
t«md t«* si:K-,cmi tie coin igc t.f si: vcr i<e
OHhs'e it was found liupons lip, by Dec coin*
art*, foNUhi.-iin the value ot' silver bullion,
Tliis wuh done hy Mi-<pcnsi* n for twelve
months «t a lime from 1*S74 to 1878, when I
the Huspersion w ns mode without a Ihnita- •
tlou ns to the time 0 / t * n t i him nee. Since
^ ^
Tl , e 4! ,„ r „ ba , „, t , w
1 . 973 . v t> account of the hw ro d roer ofpr« f .
*Hu*tiin ; on account uf tit,* n;ormmj» inc/ease
b 11 oclut-iion, and i.n account of the *)*
demaud. _
0 | r''»se«l AH <1 (iicso *h*u,e-t- cu-‘
ivrt '*l i?,to * iiu j helped cause the reduction of
t, D» value of silver. j
J" restore ( he pr ; ce of ^-il* er to its value U\ j
18 4 ;5 vou J nl,8t ,einuVe Jli i tl,t * t,a '»se- which
b *} Yl { . l3, ‘ ° ! r ’ e ^
•’» avguincnt i..at ti c :«* i n of tec Unite J
wc« oil" of those can-es. it is iiiovicnl -
to ,,,n ' ,r i tbnt tho removal ,»f this 01.0 is to
remove the eficri «. J all tni» other*.
IT means a silver standard.
“Hut it is urged trot the Uni ed Stat s
should try the experiment, and i* it .failed,
then abandon ir or change the rutin, '/be
t«cts stared show cm 1 ; sivelv in advance
that it nuict fail. To 1 f 1 h - v ,lue of 41 J 1 2 ;
grains of silver in r lu* Uibted 8 tates fram
fifty to one hundred cent* it w on hi he neces- i
nary to lift the value of all silver in the j
w orld to ike same e <**nt le s the cost <«!
tvnioportutiuR it to the Unite Sietes. 3 hat
volume to’dny coi.ed is >4,051,700,000. If
tie burden were only to ra fie the «ommcr*
rial value < f the e<dned s h er in thase conn
tries whoc it has <:ropM-«» hulii«>n value,
1 e ufult ' r t aking woui j «*i 1 -• learly iui
p*ssit,le. India has 895 <>, iPo. ODD; Oldna,
^750.000,000; JnpHii. $7 2 .o 0 u,r)oo : Mexico,
$50 000 , 000 ; South A meric in states. $ 80 ,
000 . 000 . A total of $1,852,L00, 000 i«* used
by th s • countries uku e. This silver,though
rirculnt^ .-nit at it* b Then value.
In a .ditiun to this, if th-* silver inin*H can
,u , ‘ onti,,Uv increasing tinprndur
««« ok they have from ISl,oO0,000in 1^73
tu $214,481,000 in 1894, *»u a market
has falle.i tnnkei 5 a* ye out. w i.ut «.uld ihey r*ro
doce *,u n which had risen on- bun*
<,a ‘' c " rn? 1 I- me ('* "*■ r.'lsc.l in
T * ,UC ti. tti*Mrtli depcaim, aa
B,( “> ,hM h-ra.-Iore.
“««• w-’i* un«W« to kHup thevaivH «( tbo
fiivtt up to g-*ld under thv iree eoinngc act ol
1 Ts, “- *> «<*'«•• naHblx •»<- keej« roM n» to
Bl,vel ' ” l:i ' |,r ,i>v &** coia.ae at-t nl 1834.
Frauc ' a ' 1 ' 1 lur »“««"" *" the La tin Utahm
t, <? ri,vw “i'
t ca* ", R ” tt'Kt.H, W . ,R under ' 4 ' far } h " inert? f<«varnb!e ,,f th . f *' civcuno \}™*tl-
AT THESjLjF ^‘QfOur^ RICES ** *• •• '
t 3 C
s
Anil then trade with your
benefactor!
FLOUR.
♦IEAPFR 111 AX A T ANY OT51IR
fM.ACfe *X DALTON, AS CJSIJAIA
SUGAR.
N.O. Y<*Ho'V Uiar. 20 p<»mr«!s ft»r $1 00
'*iar (iratmlslt'd 23 imtin'ls for
Stall 1 , (irabll!’tt( <1 21 pouial-; for (I
Stami Krown, 33 pounds lor n
MEAT*.
Bulk, t'fVar dUies. 7 1 ■ r pound,
Hams. Mot’nii g <»’<■,r per pound.
Breakfast Liacoil 12
LARD.
^ r . . *>est tnsdt*, . 10c. , , [ifTpount*. ,
*
-'Dro ^ Loal, Dt*. per p<tund.
Lard CompoiUitl, 7c. per pound.
COFFEE, GREEN.
Dost, 4 1-2 ptuttidu (or $1.00.
•»nml, 5 pounds for $ 1,00,
Prime, 0 pounds for $1.00.
Coftee, Roasted.
Gnotl hulk, 20c. pur pound.
I >f* vering in pack**, 23 i-*2d per pound
. .
Lion in parks, 21 l-2o. per n< und,
rrr~;
VV ^ CfU '7 « L1 '‘" <'* l>l ,;v11 '»» Wuilnof Agricultural Impli.HelltS &t
our u#ual Low Price. DOTS’ i’ FOULS BT TH B PLACK
. . . ' ‘ ‘
Slaltoii C« rocery C^iupanj’. HOTEL Block DALTON
(J. C. REM1S, Prcprietor, | 11 If. Hamilton St ! Dii.TOF,
•
Htwiircrt tfl h ij thoKo of the jn . M -iit. dcim n
HtiMcd hot* ridiculous im the claim of thebil
Vcr advocates.
'* hf^e fi»vt«, fnirly considered by any one,
will nriuit tiiSf t*onclu«ion tiiat free coin a ire at
10 t*i 1 niPiitiH the u-*'.* of no coin hut *iiver;
nwaiiri fl new sinndniil of nwa uteeq :m in
valun to the jm-sent coinn i*;* } >1 vnlue of the
i.ul Ion now nut into a silver (Ndlnr; meai.H
a now didlsr worth only Hpr'foximatcj v
ha i hh much ns the dollar. and tfls
Memoir** of alJ value* by thi * new Mamiard.
MEANS POVEUTY AND JjdttTKSSag,
Thw ini me dint a effort of the eb>c«tnuj of a
president commit ted to hucIi n pollc?
j w . s^mration of Hh* g«!»l «;ui diver aob
lar. tue gold doilur going to a prununnj t»t
a bout t wo for one.
\1 c would loan at once |Pi 78 000,000 of
,
pnU now In dicnlHtion ami in ti>« (.mwit,
The grcnh.i-k- mtd tr nsmy note .
doo.uoo, n tijoh would utlll remain oiifwtaii"
iru;, tt nnnl li bmirdml in the hope th,- £ n free
nilv.i- bill, If pm-snl at nil, tv.mid Iw -
|iml«.l. Thin would »*kc pine ImiiKdlnldv
..Iter Hit e c. I Ion of « prrnl.b nl in Nov, ., t. r,
tstm. ntirt pr«.b iblv .ven after th" m.n.ir,
tloii h.v elthrt oi the great pm-lle* "f n fi • ••
nllvnr rnntlliUle. The new preKiilent ronlil
not be inaugurated until March 4. 1897.
During (lie etx montlm or more ta-tur- it
would lit 1 possible te p; h-i free Hi!v r legb Uo
ti«.n, the coutinetion . { the cutrenrv Ju.t e'eiieun ile
tefll.ed would pr eipltut* 1 the miwt
eonnetpiene, s. Tin-He ovvein- gn'.rt mi-, pt-Tti
tlm. id 4 ; it a etr-Ae neon the roit: .•
.itver etiA mc.v nml obligntionw.' Unna mnee, n liny , f |
to nop; I heir gold Tli-. en'm-jn v
n .iinjc ii"g • f eheeka uni i illi>f M-n .' ,i.-'
aiuotmi lo U'» per rent of oni ,;di .
r..„. wuiiid K » out uf use in ......... of
Iohh of eoiilideiee iind viedlt. mil tie i it
vv o-.i|,l i,e (lie withdraw »1 uf >J7 IT! per tent
ot oueer.t ! re culinary and th" paraiye'e .•(
t.iadee e won d itnmerti .r- Iy folio w. tineka
" otild he ; >.liiehy t heir depend! or-. <iv rtora
" n'.il «e»U ioentoree tieir del.'-* Indore ( e
rcduciion oi ttic s'nndurd to thcHdvcr h- s s. . .
No extension of debt'* would b* alv*n to am
body, fx ept w cre mad** pay?«b c in gold at
1 crci s*«l r it. h of intercut, l.oju time 3 3 ts
nr** ni ROhl. The amount tn be paid ou them
m *u)lti not b»* redu**cd. I liebtcdii'ts no- '
payable in sold w ould be coib-cted .•unnr to*
t At? property on nrd by debtors taken tram
them. MerchnntN would fail: innuufn *>• irs
elose; workmen 1st* idle; farm p/obcis ,*. i:
»*ut n market, atul poverty and G—u? 4 s u»
found on nil Hides.
Hl’l.P ONLY SILVER OY/XKRL
“I do uot believe that a p -Imt vvnrid
ever approve auch Icctainliott. if tl-cted
upon n plntforra with n coil: - s> i !< !«1 in
joikk it the calainltouH »ff ers fniitiwistg mo h
an ('lection would bring to th ;: the era (MS
of ti e very men w h<» e'e te i Hphi uppcailog
for t he del. at of such ie-islati; u. but d sc.- h
H la w should pass it would nut he called u 13
^il the latter part of 1.897. Then a several
ndjiisimcut to the new standard would be
necessary. Price** being tdiijiorarilv reduced
on uccouut of the panic. it would be some
momhs Imfore the actual effect co Id be told
hn j , i}i , yeHi Va |„ e t ,f 4^2 1-2 grains of silver
deterrmn d. During this time busimss would
^bicnaieon account of the uncertainty as
*° ''hat the r^al size of the new mcHsure—
the new standard of value. This would of
course, more or ies*. attect business per.rna*
n^utly because the commercial value of si'ver
bullion has he ome uncertain; has gcaecd to
be stationary, on account of the few cotin
trie** bow- using it as a standard money, and
011 «ccount of the uncertainty as to tae vol
un ’ e *- 8 P r, )bahle» prod action
“No practit-al benefits cun lie pointea nut uh
« consequence of the le^ielation. It would
Interfere with our exchanges in foreign trade
<111 ^ proven burden upon the produeeie of
our great staples, cotton, corn and other
grains. By hindering international coin
mcTce It would burden the agricultural pro
duets of this country like « high protective
tarJft - N<>t only would the ram who work
roP salaries he deprived, ot leapt for a white,
of employment, but when enahied to return
nvotg they would find the dollar paid
11 »swa K es depreciated in value, a* a
cm sequence ef « change of standard. The
paprihle benefit, would bo from a limited
increase in the value of silver bullion which
would go into the pockets of the great silver
min. o. uer.-tl e nuu who rea'H ai« tu.r K -
,n * * u * lllB »«it«tl°n «nfl faraiBBias to it ita
huihvih of W 5 r.”
ConcImiUig li„ said:
TRUK DEMOCRACY AND KUriCESS.
“The iilcturi- 1 « not or.riirawn. WHrnlpon
temiilati* it t.ioi'c i« liut one sanrri* of com
fort-lt is an al.idina ooofiCem-e timt ;« itli
twelve mouths of foil, fix-. tiiacuss'on, the
Atnfriean.-people i-au heretteu iniou to over
w I tei tniug defeat any, p art y which propuaes
j conclutli-d ton cage, third col |
Padang Java ptup, 3fl »c. per pound.
llYn&ii Java pure, "
#7 Jufie pr I.’
’il'JUAtji 4 C*
-Jest Ooelo„B. Ur,.,,, ;uu , Ki^iah. 40
aml 7< ' : fcr
A
^ |j 3*r°t x
r> j
Crain Pepper, Ida,-It, l'»t-. r poirnd.
All-spice grain 15c per pound.
Ginger, 15c. per pound.
GloiUid pepper an,! spices, 20o. per lb,
SODA.
I nc!t* I’eiriia in parks, 5 ■. pounds.
I. k best, 7 p -unds for 25c.
] tivilUl A l, A J fi t A~ U10S*
.X
1 Uock’s a<>da, 4 pounds tor 25c.
PeHil Oyster*, ** “ * f
i'iam Soda, oc. per poumi.
Ginger Snaps, St*, { v-r pi.um].
Saratoga Flakes 10c. per pound.
i 'rcHm Waters, lOc. per pout id.
Milk Biscuits, (ic. per pound.
Cracknels, 20c. per pound.
A ssorted Cake>-, J0<t per pound.
i CANNED GOODS.
j ! 3 pounds of Cal. I’rJirhrs IS**. pc*r can.
*< “ CU
i “ Apricots, “ * i “
ro-’x KV • •
a W /fer * s
-
m Tiie Hatton
rrn ^ . “,,o'v-rrz*
- L
* - A
Marble Works. -I
> ■ - v « ii&fZ
hu*-‘*Z
• U&. ; V’LiL. lib
,
IL P. Colvard, Proprietor.
i manufacturer of and
■
•S'7—DEALER IK—J
Marbk* ;:?.(! Granite Work—It-n Fenc¬
I
ing and Lawn n? -ivv,
Js Iff* iL ailagwcll & SIr©tlier
. &
9
■
«•* * DRU iiGISTS, • m
- %.-• ra.
■■■ ■ 'U5 P 5K^;T;::r candies, s ciga Biusheg etts,
and Toilet Articles, Etc j
■
^ Idiysictan’s Piescripti-ocs accurately compounded.
Spring Place, Georgia.
• * L peeial Grand Offer In • • • .t
wall paper*
$IOO TO $0.00 I* EH ROO W, I.VCLOOISG RflRncrns
*"
We have Ul'dde 8 D^oial arrangement 9 xvi \ h u T f' I RENCE & da- CO., the
great Wall ^ P.iDer 1 Manufacturers of New York- wk WuerODy ft - A t abl3
^ " We ftF 8 to
%
offer 0 UI* Stlbscriners the greatest OpDOltunitv id hnv hic^K Wlllf n
papers at . about 1 . , he , COSfc <. of c pro(l UCtlOQ. SamoleS “ ^^^1© „ ra ^
* and Circular show
i how 1 fc CTCtliar SHOW
n w Uldll V DUTVS 0 lEDer rt.nm , IffJUires * and hoW to bang
" ' paper,
•
Sent Jree Oil application. See these ' nri^U P ™- ^ 6C * n«r ^ fC,il rrll 5 Q^Ms, n 14 f l 2 C
P er r0 . a. L-U>‘>(»Sed Golds, 2i)tormerly .
i , $150. Litest
• tv !«*8 OKpd llv
the elite of N«W York- 8 7
As this ? nft'^r " a OI1 onlv b holds hnlrla goofl a for t a limited .
t.fae, J _ OU -htinM . .. U):ike your Selections and purchase P-nefia &t
Orders O O f4 Att ' ffOOClS 01106.
‘ "“ «e>nt " " - ll U*eo» ivo- - Ail a M ^OmtrmmcutiOQ . tO this OFFICE
8
JSS i
tfisaip and Camstitution I*er OKI.V • 1.15. Vear
J tb Pie PeeSfiies, 10 per can. cari.
.! “ Bartlett Pfeere. 10c. pel
.1 **’California'rtuma, 15c. per can.
3 •' |T<>a)«l<><;S, 10c. per can.
3 “ lWnki«R. “ “ “
“ Apples. 10c. per can.
1 “ Horn Harbor Ovsiers, 10c. per can.
\\ iJ .? U H I? d a !! d Alligator 8c. per can.
2 “ Fro, eh Peas 15c. per cat,
2 “ K»! y June Peas, 10c, per can, »
1 Sn-*• Flake Corn, 15c■ per can.
2 *• S' 11 , la id Corn, 10c. per pour.tl.
CANDIES.
Fancy Mixed, 8c. per round.
Best Stick, 7c. per pound.
A sorted Creaws fancy boxes 20&W _
SYRUP.
-NVw Orleans, 15c. per gaMon.
Uokien Drip, 20o. per gallon.
Vinriuia Sorehiun, 25c. per gallon,
Country Sorghum, 20c. “
Rnisins.
Loose, best California, 7c. per poond.
London Layer, finest 12 1 2c. per pound.
Kerosene,
Best ever in Dalton, 15c. to2Ja. gal.