Newspaper Page Text
>'A
PROFIT DERIVED AND
bincbs-- ^
HOff IT IS HADE.
« “••tfrsrss as86, * bank, for which he
• ■
P depoa Certificate of deposit, money, Mr. is
m borrow some
*'^750 of Mr. As deposit and
side by the bank as
BU is p 1 ^ ° ne Mr. B pays
reu aired reserve. and
to Mr- 0 on a debt,
i sieney it in the same bank
C dep°si its and is
, p wants some money,
, [ fourth of $750 de
e ,j three $462.50, and
C, '
itedby Mr. or
put reserve. Mr. D
0 is as
Is tbis money to M*. B. who 3 e P os '
inttowk Mr.F wants to
\,****** Mr. Es an V deposit, s l0 “ 01
..fourths of
d $140.62 is put with the
1.88, an debt to Mr.
rve. Mr. F pays a
^ in turn deposits the money in
bank. Mr. H wants some
same loaned three-fourths of
ev and is
nioney, deposited By Mr. Q or
U6, and $105.47 is laid aside as
Mr. H. pays his money to
rve. the
I, who deposits it the same as
have. Now comes Mr. J, who
s I’s de
ows three-fourths of Mr.
or $236.31, and $79.10 goes to
; debt
eserre fund. Mr. J pays his
r, Iv, who returns the same to the
: on deposit. Mr. L borrows
..fourths of it as the others have,
98, and the jjother one fourth,
13, is held as reserve, M. L
this to Mr. M, who likewise de
s it in tbe same manner. Mr. N
jsome money, and borrows three
|hs of Mr. M’s deposit or 133.49,
Lin $44 40 is put with the re
L Mr. N, pays it to Mr. O, who
b deposits it. Mr. P, as has the
k borrows three - fourths of Mr.
leposits or $100.12, and $33 57
Idas reserve. Mr. P. pays his
I to Mr. Q, who puts it in the
| Mr R borrows three-fourths
r Qs deposit, or $75 09, and
P3 is put with the reserve fund.
R. pays Mr. S, and Mr. S depos
le same, and Mr. T. borrows
(•fourths of it, $50.32, and $18.
put with the reserve. The sev
jransactions resulting from tbe
ted loans of the original deposit
n stand as follows:
an.. $750.00 Reserve $250.00
an.. 562 50 Reserve 187.50
an.. 421.88 Reserve 140.62
an.. 31641 Reserve 105.47
an.. 237.31 Reserve 79.10
an.. 177 98 Reserve 59.33
|an.. L 133.49 100.12 Reserve Reserve 44 49
• 33 37
F" 75 09 Reserve 25.03
F* • 56.32 Reserve 18.77
N; FPiy -$2,83110 Total.. .$943-68
this transaction by 100 or
I 01 ’ moi ’ e , fmd the business of an
r ban!( is ascertained Consid-
2! these figures. Oa As deposit
N ttle bauks have $2,831.10,
$943.68 in cash reaming on
I Upon this tottering founds
[ s l ^ e en( -ke business of the
y. The deposit account is as
is:
....... $1,000.00
........ 750.00
......... 582 50
........ 42188
........ 31641
........ 237 31
......... 177 9s
........ 133,49
......... 100.12
......... 75 09
......... 5632
jUI V.........$3,831.10 ^
aeruiiactes of dopes
—‘“gamouat $913 68 to the abort
to meet them
tlJ e ban let s; that
sav con
^ ^ajre than
m on
SuLi ae! ^ ^nnont, it
cb ^Rig | act said:
: “^pletotake
$3
000,000 of bonds on interest to set up
these banks, put out their circulation
as a “national currency,” and we guar*
antee its payment! Wherein is that
any better than greenback? I will ask
gentemen to put that question to
themselves. Is it any better? What
is it founded on? United States credi t?
United States bonds? Whom do the
bill-holderes look to for their final
redemption? The United States
Treasury! We say we will redeem
them. The system has no other foun¬
dation. All these fictitious contrivan
ces about responsibility of individual
stockholders amounts to just nothing.
As to the proposition to retain 25 per¬
cent out of their circulation, they can
put that in their pockets whenever
they please, and there is nobody to
question them. It is simply and
singly founded upon public responsi*.
bility, and Mr. Sherman thinks that
is its great feature of excellence. In¬
stead of of circulating that amount of
our own currency, upon our own res¬
ponsibility, and paying nothing, we
are to hire these banks to circulate
that amount of bur currency, and pay
them twelve millions of dollars a year
for doing it. Yankee as I am, I am
unable to preceive how it is possible
that it can be a good trade for us, or
how any shrewd man would think of
entering into an agreement of that
kind.
John Thompson, Vice-President of
Chase National Bank, New York,
thus describes our condition Rhodes’
Journal of Banking, April, 1888:
The banking institutions of the
United States are to-day liable for
demands which could be made upon
them to the extent of $76 19 per in¬
habitant, and to pay which they would
have only $12.20, or would be short
currency to the extent of $63.99 for
each claim of $76.19. It may be
thought that this leads to a gloomy
view of the money situation; never
theles it is an unimbellished presenta¬
tion of facts. To add to the difficul¬
ty, the pushing enterprise of our peo¬
ple constantly increases the sums of
money necessary to give it free scope,
and we can arrive at but one conclu¬
sion; that if we wish to relieve our
present stringency in money matters
and stem the current on which we
are drifting toward greater panics
and suffering than we have ever had,
we must have some system which will
at once give us a larger circulation in
proport on to the demands and in¬
crease of the population.
N. A. Dunning.
By the ordinary methods of selec
ting and saving our feed corn we can
not hope for any great improvement
in this careal. There should be sys¬
tematic cultivation of the seed, to the
end that we may get better yields. It
would be no great task to plant a
small plot next year, and as its
growth progress cut out all puny and
defective talks and all those that do
not promptly show their silks. Then
before tbe pollen balls cut off the tas¬
sels from half the stalks. This will
produce cross-fertilization of the
plants and eliminate the chance of
any influence of pollen from barren
stalks upon the seed ears. The seed
corn should be saved for a sesies of
veurs from the stalks with the sever
tassels. By this plan Professor Rob¬
erts has within three years added 20
percent to the productiveness of corn
over the ordinary way of growing and
saving seed.
The average sailor is remarkable
for bis superstitions. When the
United States ship, the Dispatch,
which was wrecked on the Virginia
coast the other day, was starting out
from the navy yard at Brooklyn a
black cat jumped overboard and swam
ashore. This was looked upon as an
evil omen by the sailors, and they
tilted of it even afuer the vessel went
ashore. They felt certain that evil
would befall the ship when they saw
that I hck cat take its departure.
The Fort Valley Volunteers are
w mi up enlistments so as to get
admitted irto the State service.
Chauren Cry for Fuchex’s Castoria.
A MATHEMATICAL PRODIGY.
Reuben Fields of Eayetteville.
Johnson eounty, the greatest math
ematieian of the age, was in the city
this week visiting friends.
Eeubep is 40 years of age. He
was born in Bath county, Kentucky,
and moved to Missouri in ISOS; lie
has had no schooling, cannot read
or write and cannot tell one figure
from another, yet with lightning-like
rapidity can solve the most difficult
probloms either in simple or com
pound fractions. He has not yet
had a problem he could not soiye:
can add up a clumn of any number of
figures as fast as they can be called,
and says that he can invoice the lar
gest store in Marshall in a half day.
In invorcing he extends and foots up
amounts as they are called off to him.
It is a fact that he can solve any
mathe matical problem, but it costs
something to get him to talk. He
has had many propositions from var
ious sources to go on the road and
give public exhibition but has con
eluded to confine himself to private
work and does not seek notoriety on
the strge.—Marshall (Mo.) Democ
rat News.
pm. wm. wmmA PS IS ;
mmm
""’liaBto 2 es A a 3
mmsm A mm, o o
m m fi^ilL H a ll j| w32S8£S=S r
il ,1? ss: 111 |£i S' * PS
Ci
b. ta.ir xx, xaeo.
Lv Brunswick.......... .......|H:00 ..../ |>.m. 3:20 a m
Lv Macon J<«up......... | 1 Wa m. 10:40 a. m
Ar ....... ... ....! 6:17 a m. 4:35 p.m
Lv Macon ...... ....'10 Ma.in 4:40 p.m
At AtlRUla....... 35 a.m. 8:10 p.m,
tv Atlanta ..... .... 11:00 a. m. 11:00 p.m.
A t Rome........ .... 1:50 p.m. 2:00 a.m.
Ar lr Chnlfanooga I.ouisv!IIe 5:Ct:i 7:25a.m. pm. 6:15 7:35 am.
Cincinnati . .... 7:30 p.m.
Vf .... B:K»a.m. 1 p.m.
v Knoxville. . .. . 6:35 p.m 7:55 a.m.
r MorrlBtowti . .. 6:10 p in 9:25 a in.
vc Sint Springs .....10-.10 p.m. 11 24 ium.
. r A«hevll!e .. . 12:35 a.m. 1:42 p.m
I- it ffttol ........... .... 10:55 p m. 12:25 p.m
vr i-ln<lc Springs.......... vide............. ..... 1:01a.m. 2:40p.m
Wy lloanoke the _____ 2:3* 5:20 a.m. 4 7:05 15 p.m
• r .......... ... ..... a.m. p m
r Natural Bridge........ ..... 7:»la.m.l 6:32 p.m.
ar Inti-ay ..... ...... .....11:55 a.m.|J2:37 « m.
r t.ynchbnrg ............. 7:23 a.m. 9:20 p.m.
i- .Wpvfnltc IVtcrsburg-.............. 11:20 2:00 a.m...........
r ............. p.m......
.... fl.OOp.m.
Train leaving Brunswick at carries
•iUman Sleepers Brunswick to Atlanta and PnU
in Buffet Sleepers Jacksonville to Cincinnati,
nticetiiig at Home with through with Sleepers to
■;i.''binirt»n. and at ChattanoORa Pni’.miu)
—pars for Memphis and the West.
Train leaving Bruns* ’felt nt *JB*.m.C 0 B»wtsat
‘.icon with Pullman Sleeper forChattaiitxigaanflat
vrinnta with Pullman Sleeper tor Knoxville where
■■ r ueotions are made with Pullman Sleeper for
■ i ihutelphia and New York, pad Hot Springs and
. .heville.
SUMMER EXCURSION TICKETS will henol* at
TWO CI'NTS per mile travelled commencing
Uay l~th. isyt. fSioA to Retur n before Nov let__
c 1 itriftfix nun<« v r Te autmra Tlrtels.
Apply tn Ticket Agents or to
FR ANK M. JOtibY, district Passeinrer Agent,
No 75 West Boy St.. Jacksonville, Fla.
C. N. RIGHT, C-Vl £i. W. WRENN,
to* t. Gen'l Pam. Agtat- 'Paftseavet Air-at,
Avu.vta, Gjl. KSOXVU.LU. 7xxa
If You Move
GQKSWT10N
BROf^CHSTSS
SCROFULA
Or any Disease where the Throat and Zatngs
are Inflamed, Lack of Strength or h'eruo
Tower, you, can be relieved and Cured by
SCOTT'S
EMULSION
OF
PURE COD UVER OIL
With Hypophosphites.
PALATABLE AS MILK.
Jjik for Scott’s Emu’sion. and let
ptanation or solicitation induce you to
aooept a substitute.
Sold by all Druggists.
SOOTT & BOWME,Ch«m!ot», R.Y«
7
m# ls -C 0 ‘! fi
A pamphlet of information and ab- to/,
istractof tbe laws,Showing How
i. Ik, Obtain Patents, Copyrights, Caveat^ sent ’Ira.leJ tree./m
ttk. Marks, MUNN A co -MW
■K Addwa Broadway. /MM.
ftfil
i&arNew
COUGH oh COLO
Threat Affection
of TL&k
HKLP BETTER THAN A GOLD
Mine! No Capital needed!
No risk, but $10 to $15 a day
WANTED! P r °lit ! Teachers Stu¬
dent 0 . Minivers, Blight
----Men and ladies wanted
in every Town and County. No desired. experi¬
ence needed. Credit given if
Be oarly this time and secure first choice
of exclusive territory on this biand NEW
BOOK.
DON’T BE AN OSTRICH! Write
and get full information and solid facts
about
FOOTPRINTS OF THE
WORLD'S' HISTORY
By Win. S. Bryan and John Clark Kid
pntli.
Path, Historians.
The World Celebrated
The story of the Nations as told in the
brilliant deeds and grand achievements
of the World's Heroes and Heroines. A
rich storehouse of History, Travel, Ad¬
venture, and the weired and wonderful
events of the “times that tried men’s
souls.” Thrilling stories of the days of
chivalry, startling heroic achievements
of warriors and Crusaders. Also a vast
collection of the rarest gems of English
and American Historical Literature.
The most wonderful New book of to-day
the great self-educator; just the book His¬
the people want. Over Half-Tone 350 grand Steel
torical Illuminations,
Engravings, and brdliant Oil-colored
Plates. Everybody finds it a bonanza
of success, it sells without adring. No
Capital no risk. Straight business circulars and
profits. particulars Splendid illustrated free. Address
and full sent
Historical Pub. Co., Phi la., Pa. ,
THE BOOK TRUST KNOCKED OUT!
A CARD TO THE TUBL1C.
The price ot the great Encyclope¬
dia Britannica, $8.00 per volume for
the English edition, and $5.00 per
volume for the Scribner and the
Stoddardt edition in the cheapest
binding—has been a bar to its pop¬
ular use.
Our new reprint of this work is
furnished at $1.50 per volume, the
greatest bargain ever known in the
book trade* We have sold over half
a million volumes in six month;
proof that the public appreciate so
great a bargain. abridge¬
This repiint is not an
ment, but a reproduction ot the en¬
tire twenty five volumes of the great
Edingburg ninth edition, page for
page, with new and later articles on
important American tpies, and new
maps, later and better than in any
other edition. In all respects it
compares favorably with the high
priced editions, snd in point of maps
and durability binding it is superior
to them.
Heretofore we sold only: for cash.
Wo now announce that we will de¬
liver the set complete on small easy
payments. order that
Special Offer.—In you
may see the bargain we offer, and
examine its merits, we will furnish
Volume I. by express for GO cts , a
fraction of actual cost; add 40 cts.
postage if wanted by mail.
Circulars and sample page will be
sent free on application. ALE CO.,
R. S. PE <fe
Publishers, Chicago.
OF INTEREST TO GINNERS
So much has beeu said about the
use of Scales at*the gin house that
we call particular attention to a new
book entitled “Facts about Scales”
published by “JONES OF’BING
HAM.TON” in Binghamton, N. Y.
It contains lull information regard¬
ing cos*?, patents «fcc., and shonld
be read by every intelligent, “pinner
A postal will get it.
Sample CopiesF reel
THE SUNNY SOUTH, oar great.
Southern Family Weekly should be
taken in every household. The price
is only $2 a year snd a present which
is worth that amount or more is sent
for every yearly subscription. A
sample copy will be sent to any ad¬
dress. Write at once to
J. H. SEALS & CO., Atlanta, Ga.
“l a m
■ m
il 7 -
m
Is an invaluable remedy for
SICK HEADACHE, TORPID
UVEH, DYSPEPSIA, FILES,
MALARIA, CQSWcNESS,
AND ALL BILIOUS DISEASES;
Sold Ev6ryv7-h.erc5*
ShouW vntrrDttlo one .Kttukcii TO* CRT witls it€iin$r?-’>t»T3
Cr«mp, : vouid 5Oil do? UIlU. pU/gioian
its life ? B3KE. _
Beidin’s ■law Remedy
Is n tststelesfi-lijuraios Ls o'rJyzf.*in
1 **iViCAt, C Xjc- by mxi'i for lot
or Im* bs . A Muupiri puwde-
It las Timi Up.
H AT? A chance to make
MONEY by selling our
book, “Character sketches.*
It is the greatestselling book ever
brought out® in the- South. Fifty .
two full page original illustration!*,
fresh and striking, humorous and
serious. Printed on heavy plate
paper. It is the cheapest book for
its size and character ever published
One agent sold 103 copies in Nash¬
ville in six days. Price of outfit;
75 cents. Apply at once for terms
and territoty. Ifjmuarenot satis¬
fied when outfit received, money
refunded. Address
Southwestern Publishing House,
153 and 155 North Spruce Street
NASHVILLE, TENN
An Consumption retired Cured.
old physician, from pr ictico*
having East had missionary placed in his hands by an.
Indi i the forniul t of a.
simple vegetable remedy for the sp* uly
and permanent care of Consumption,
Bronchitis, Cata rh, Asthma and alt
throat and Lung Affections, also a posi¬
tive and radical cure for Nervous Debi¬
lity and all Nervous Complaints, after
having tested its wonderful curative
powers in thousands of cases, has felt it
his duty fellows. to make it known to his suffer—
ng Actuated by this motive
and a desire to relieve human suffering,
I will send free of charge, to all wliode
sire it this recipe, in German, Free cl*
or paring English, wita /till rections for pre¬
auu using. Set by mail by ad¬
dressing with stamp, naming this paper.
W. A. Noyes, 820 Powers’ Block,
Rochester, N, Y. to may 9-’S)2.
w mam
1
3
*
HIS is the machine that
is used in the Office,
Court-room, and for reporting
lectures and sermons.
While its speed is greater than any
other known method, it is so simple
that any intelligent person can gain a
speed cf ioo cr more words per min¬
ute, in five or six weeks, without the
aid of an instructor. Circulars and
testimonials sent to all who mention
this paper.
e. t. fierce, hyette, ohm,
Colf» Agent for U. S. and Canada.
THE
NEW LEVER SAFETY
i \
fpgl
The PERFECTION of SIMPLIC1TV'
and ECONOMY of POWER.
3VO CHAINS. NO GEARS
VARIABLE STROKE, only two setae
of Revolving Bearings.
Best Hill Climbing and all around
Safety made.
Oj6LTjAI.Oa-trE 3B^R3na.
H. Bo SMITH MACHINE CCL
SMITHVILLE,
N. Jo
PATFNTS 1H1LIN 10
Caveats, and Trade-Marks obtained, and all Pa4-»
cut business conducted for Moderate Fees.
Our Oiice is Opposite U. S Patent Office,
and we can secure patent is less time than tnoee
remote model, from Washington. drawing photo., with descrip¬
Send patentable or not, free or
tion. We advise, if or secured.
charge. Pamphlet, Our fee not due till patent is with
A “How to Obtain Patents,
Games of actual clients in your State, county,or
town, sent free. Address,
C. A. S WOW & GO.
Opposite Patent Office, Wasfci#gtoo, D. C.
fCaua.t o n v by John H.
i ItOHOefy,
» v. > ran
» A * 5 tO
} < u gO
I o*t. part of
tMMrriv.'i. S t*' ca* ; .tine, grr
«L v«»i*r fcj<&re ** mente SIRItft* only to
ihr 55 • » : k AS if. I.cu. 1 .rent jay
S ftnuishiof
r*ery «t-tm' y«i». IfAmwL
fv«xytltip|T- LA6il.J, LI
rAli ni A XAAiS f WEE. Addt^s at ouee*
v ;jr % / "UM 2JLAAD,