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WALSH AN} r TAMMANY.
TVLL TEXT ofy-THE 4TH
OLJULT SPEECH.
It
THE SOUTHERN VIEW OF FINANCE.
A Wrong Argument for the Income Tax
j'and For the Free Coinage of Silver.
Financial Legislation Needed.
One of the most notable speeches made in
years by a southerner before a northern
audience was the one which Senator Walsh
delivered at Tammany’s 4th of July celebra
tion. The full text of the speech is given
below:
Mr. Chairman and Fellow Countrymen: I
am honored in being invited to address this
ancient democratic society on the anniver
sary of the natal day of American Indepen
dence. For more than one hundred years it
has professed and practiced the teachings
of Thomas Jefferson, who was the author
of the declaration of independence, and
the founder of the democratic party, upon
whose banner is inscribed the motto of
"equal rights to all; special privileges to
none.”
The Tammany society has a national rep
utation. It stands tit the head of demo
cratic societies, having the largest member
ship and the most effective organization.
You have your petty squabbles and heart
burnings, but whatever your differences,
you believe in the rule of the majority,
and you loyally adhere to democratic gov
ernment, executive and legislative, and you
support their measures because you know
they are honest. This was the political rule
laid down by Jefferson and upon which he
acted, and this 1 believe to have been the
course of Tammany In national elections.
Loyalty to Tammany.
However Tammany may protest before
a national convention, it had the loyalty to
support the nominees of the party during
the presidential election in 4881. 1 was a
member of the national committee. Know
ing how stubbornly Tammany fought the
nomination of Mr. Cleveland, there was
apprehension that your organization would
not support him for the presidency. It was
made try duty to visit Mi. John Kelly,
who was respected and honored for his
sterling integrity. All doubts were soon set
at rest. Mr. Kelly informed me that Tam
many would support Mr. Cleveland, who
was the nominee of the party. The election
of Mr. Cleveland proved the loyalty of Mr.
Kelly, and of your society. Again, in 1892,
Tammany, under the leadership of Mr.
Richard Croker, proved its devotion to the
uemocratic party in the support of Presi
dent Cleveland and Vice President Steven
son.
The South Is Grateful.
The south is grateful to Tammany be
cause of the sympathy ami aid extended
after the war, when our slate governments
were prostrate ami the rights and liberties
of the people were trampled under foot by
the republican party. In the dark days of
r< construction, when unlicensed power and
ignorance, cupidity and tyranny oppressed
su’d robbed the people of the south, the
Tammany society never failed in encour
agement by word and deed, until the batde
fur the right •triumphed and the southern
states were restored to their rightful places
in the union.
The Struggle for Liberty.
It is the patriotic duty of Americans who
enjoy the blessings of free' government, to
honor the memories of the fathers of the
republic The barons at Runnymede wrung
a great charter from King John, which rec
ognized the writ of habeas corpus and the
right of trial by jury. Every eontession
from kingly power is the result of continued
agitation and heroic struggles on the part
of the oppressed The declaration of inde
p< ndence and the establishment of the
American republic mark the crowning glory
of the eighteenth century. Until the United
States were acknowledged to be free and
independent until this government was rec
ognized by Great Britain and the nations
the world, liberty, in the sense that Amer
icans enjoy it, had no abiding place on
earth. Men and women were but the
slaves of the monarchs who ruled them.
When the colonists submitted their cause
<o the arbitrament o' the sword, their for
tunes and their lives were laid upon the al
tar of their country as willing sacrifices to
obtain complete separation from Great Brit
ain, and to establish the political inde
pendence of the United States. Washington
and his compatriots battled and suffered
and triumphed after seven years of war
fare. Their struggle illumines the brightest
pages in the history of the human race.
The heroes in the war for independence
have made their deeds immortal. So long
as virtue and valor are honored, so long
will the lives of America’s patroits be
cherished in the hearts of their grateful
countrymen.
The Day We Celebrate.
The Fourth of July rekindles the tire of
patriotism. All over this broad land, this
day is celebrated. Every heart reveres the
memory oi the patriot dead, and aspirations
that are pure and prayers that are fervent
as-end to God that He may continue to
preserve this government and to I less its
people from generation to generation until
the end of time. On this day the minis of
Americans should revert to chivalric
France, which so generously aided the
< rated States in their struggle for liberty.
Our hearts go out in sympathy to the citi
zens of the sister republic which has suffer
ed a national bereavement in the assassina
tion of President Carnot. All An:?ricans
deplore his untimely death. The horror of
It shocks the civilization of the world and
wounds the heart of mankind.
The celebration of the HSth anniversary
< f the declaration of independence impresses
upon the citizens of the republic the obli
gations which they are under to Jefferson
and the signers of the declaration of in
dependence who pledged their lives, their
fortunes and their sacred honor for the in
dependence of the colonies.
The liberty which we enjoy was purchased
with the blood of patriots. It should be the
1 chest duty of citizenship, irrespective of
r rtv and section, to preserve unimpaired
the blessings of civil and religious liberty.
However we may differ as to parties and
measures, we should be united in preserv
ing for ourselves and those who will suc
ceed us the rights and liberties which were
inherited from patriot sires.
The south and the north unite on this
day in the observance of ceremonies com
memorative of the grandest achievements
of the human raee-the establishment of a
government “by the people, for the people
and of the people.” The principle cf ruling
by divine right, which means that the peo
ple have no rights which the sovereign .s
bound to respect, was surrendered at York
town.
All rulers are but the servants of the peo
ple. It is well for us to remember that the
constituted authorities in the persons ot
those who are called upon from time to
time to administer the laws, state and fed
eral, are entitled to the support of all citi
zens who respect liberty and law.
The North and the South.
In the life of the republic, the people
have suffered. They have been tried in the
fiery furnace of war. Foreign and civil
•wars have been encountered, but fortunate
ly for the liberties of the people and the
great underlying principle of self-govern
ment, which is he basis of our form of
government, the flag of the union floats
pver a united country.
•• The victors and the vanquished in the
teightiest struggle that ever convulsed the
• ’Should are at peace and are united for the
honor and glory of the republic. The men
,yjho_,£ought with Grant and with Sherman,
l.ee and Stonewall Jackson, the sup
pliers ’Wt Lincoln and Davis—forgetting the
bitterness ot the past and cherishing memo
ries that will be forever sacred—know no
differences in their ardent devotion to the
principles ot republican government, in
their love for Che stars and stripes, and in
54 per cent from luxuries and only 6 per
their patriotic aspirations for the Integrity
and perpetuity of the government of the
United States.
The Wealth of the Snath.
The south has no bitttfness. Its love for
I’HE WEEKLY CONSTITUTION; ATLANTA, GA., MONDAY. JULY 23, 1894.
the union Is as sincere, as ardent and as
ready for self-sacrifice if need be as that
of the north or west. It has survived the
desolation of war and the horrors of recon
struction. Its development since its emanci
pation from carpet-bag rule has been phe
nomenal. Its mines, forests and fields are the
richest in the world. The possibilities of
the south for industrial development cannot
be exaggerated. The time is not distant
when the south will surpass any other sec
tion in the manufacture of cotton, iron and
wood. It has the climate, water power and
raw material in abundance for the building
up of great industries. It has ample trans
portation by rail and river. The south has
suffered in the general depression, but with
remedial legislation by this congress and
the return of confidence in business ’>y rea
son ot the accession to power of the demo
cratic party, her industrial growth will be
greater in this than in the last decade.
The south is today the best field in the
union for the investment of capital in lands
timber, mines, furnaces and railroads. I can
recall when the south was the wealthiest
section of the union. I expect to live to see
the time when the former predominance
and wealth of the south will be restored.
Fluui.eiul Legiulutiou Needed.
I know that the people of New York
who have always been the friends of the
south will be glad to hear this favorable
report of the industrial prospects of the
southern states. Our people are dissatisfied
with the financial legislation of the federal
government, as well as with the burden
some duties imposed by the protective tariff.
The south favors the repeal of the 10 per
cent tax on state bank notes. It favors the
remonetization of silver. Business needs
a larger volume of currency. With the im
mense growth of the country, it is believed
that this government has the power to es
tablish a financial system independent of
the nations of Europe, and the ability to
maintain the free coinage of silver and
gold and preserve both at a parity. The
contraction of the currency by the demone
tization of silver appreciates the purchasing
power of gold, depreciates the value of
agricultural products and reduces the wages
of labor. The gold standard places the
debtor at the mercy of the creditor, and
paralyzes, to a certain extent, the business
of the country. As the United States are
Independent politically of European na
tions, so should they be tinancial’y. The
south believes that the federal government
should restore the free silver and gold
coinage of the constitution, which it main
tained until 1873 at a ratio first of 15, then of
16 to 1. and that it should do this with or
without international agreement.
An Income Tax.
It is maintained that an income tax has
no place in the tariff bill and that no such
imposition should be fastened on the wealth
of the country. This tax is denounced as
unconstitutional and inquisitorial and un
democratic. It is characterized as sectional
and as class legislation. It is denounced as
a tax upon industry and thrift. Its oppo
nents speak of it as an effort to engraft
upon our republican form of government
the objectionable taxing features of Great
Britain and other monarchical governments
of Europe as the price that the nobility
pay for class privileges, but these argu
ments are not tenable. An income tax is
the most certain, the most equitable and
just of all forms of taxation, because it
places the burden upon those who are best
able to bear it. The wonder is that after
its enactment it was ever abolished. The
party that agreed to it betrayed the rights
of the masses.
The repeal of the income tax was carried
by the advocates of the protective tariff,
because it made more secure the necessity
for taxation by import duties, thus impos
ing upon the people the burdens of high
protective duties on the plea of raising
revenue for the support of the govern
ment.
While it is true that the citizens of the
respective states have to pay taxes for
the support of city, county and state gov
ernment, that is no reason why they should
not, in proportion to their ability, con
tribute to the support of the federal govern
ment. That the wealth of. the country in
a republic should be praetiy exempt from
federal taxation is a proposition that the
fatht rs of the republic never would have
sustained. That the entire tax for the sup
port of the government should be placed
upon consumption is a monumental wrong.
It is true the fathers are on record as in
favor of a tax on imports for the support of
the government. That was the only avail
able plan in the early days. It served for
revenue and incidental protection to build
up the industries of the country. In those
early days the population numbering not
many millions was scattered along the
seacoast. Rich men were few. It is safe to
assume that there were not many million
aires among them.
The Necessity for It.
The largest amount of gross expenditures
in any year of President Jefferson’s ad
ministration did not exceed $17,000,000.
In 1860 the gross expenditures were
$77,000,000 with a population of
31,000,000. In 1894 the population is
65,000,000 and the expenditures of
the government will be $450,000,000. Taxa
tion without representation was one of
the grievances against which the colonies
protested. In this day the reverse is the
case. We have representation without tax
ation except what is contributed by indi
rect taxation. The masses have to support
the federal government, while the rich peo
ple, many of whom do not live in the United
States, pay very little or nothing to the
support of the government that gives them
opportunities to amass colossal fortunes
and that protects their property in their
absence.
In the progress of this gre£t country it
is a crying necessity to lind other re
sources of revenue than taxing the toiling
millions for its support. The justice of
this proposition must be apparent to every
intelligent and patriotic American. The
wonder is that the poor have not rebelled
against an unjust and iniquitous system
of taxation that has plundered them under
the forms of law. It is not communion nor
socialism to demand that wealth shall do
in this as in all civilized countries—pay
taxes for the support of the government in
proportion to its ability. This is the prin
ciple laid down by Adam Smith in 1775
and it is as correct in its application now
as then:
"That subjects of every state ought to
contribute towards the support of a govern
ment as nearly as possible in proportion to
their respective abilities; that is in propor
tion to the revenue which they respective
ly enjoy under the protection of the state.”
The Law in Europe.
This is the law of taxation in England,
in Germany, Italy and in other countries
of Europe except France. Gladstone de
clared the income tax to be “the instru
ment of the reform of England’s commer
cial and financial system, and one which
had laid the foundation of similar reforms
through every country of the civilized
world.”
The New York World of Tuesday, June
19th, said: “The justification of an in
come tax is that as M. Casimir-Perier, who
will probably be the next president of the
French republic says: ‘Those who enjoy
the superfluity must resign themselves to
assuming a somewhat heavier portion of
the public charges in order to relieve those
who buy bread for their families with a
daily wage.”
The law in nearly all the states is that
taxation shall be uniform and ad valorem
on all property taxed, thus carrying out
the principles of Adam Smith. But when it
comes to the support of the federal govern
ment’ this law is departed from and the
I. „ f o r the most part is laid on consump
.• n Os the $200,900,000 collected by the
tariff duties last year 60 per cent was col
lected from the prime necessities of life
and about 40 per cent from the luxuries.
Os the $337,000,000 collected in Great Britain
40 per cent was from wealth and industry,
cent from the necessaries of life, including
tea and coffee. .
The New York Tribune of June 11th is my
authority for the statement that the Mil
son tariff bill, exclusive of sugar duties
“would yield upon the imports of 1893
about $126,000,000. On the importations of
the current fiscal year, which are 35 per
cent smaller as to dutiable articles, the
same duty would yield only about $90,000,-
000. Under the present law the customs
revenue has been only $123,006,000 in ’eleven
months, against $189,060,000 the previous
year.”
Wealth Hunt Pay It* Share.
The income tax is an absolute necessity.
It has come to stay as a part of our sys
tem of federal taxation. it is
eminently just and equitable, as
it falls upon those who are best able to
bear it. There are thousands of Ameri
cans who spend most of their time in
Europe. They draw millions of dollars an
nually from their investments in the
United States and do iiui luu.ribute one
dollar to the support of the government
that gave them the opportunity of ace min
iating great wealth n I mat protects ineir
property. In oiiie: < .... dies they would
be taxed for the sup,> rt of toe govern
ment whether piooeu. or nt. Tnis
same rule shorn , apply in the United
States. Tiie nvr this question of an in
come tax is disco . toe more popular
will it become, it is •<. : 1 upon the
eternal law of rights. ’l.. e wu..der is that
the people did not demand its enactment
into law before or rather retain it while
it was in existence, it is a correct prin
ciple of state and national taxation. It is
eternally right and should become a per
manent fixture in our federal system of
taxation.
Too long have the people submitted to a
golden idol enthroned upon the altar of
our country that has eyes to see not and
ears to hear not and a heart to feel not
fur the sufferings of the tillers of the soil
and wage-earners of the land.
Wealth is secure under the protection of
our laws, but it must bear its just share of
burden of federal taxation in the United
States as it does in England and other
countries of Europe. If the democratic
party did no m ?re than engraft an income
tax into our federal system it would be
entitled to the everlasting gratitude and
support of tlie American people.
The Mlnmloii of Our Party.
The democratic party is not in any sense
sectional. It is the only party that em
braces the whole country and that seeks to
reform the long existing abuses of repub
lican misrule by relieving the people from
the unjust and oppressive burdens of fed
eral taxation. Its mission is to administer
the best government ever devised by man
under divine guidance—a government, in
words of Jefferson, that will be immortal
ized in history and that “shall keep us
afloat amid the wreck of the world.”
Having been entrusted with power by the
people the democratic party must keep its
pledges. Reforms cannot be instituted in
a day, but we must be faithful to our high
and patriotic duties and enact into law the
measures of relief to which the democratic
party is pledged in its national platform.
However much we may differ as to policy
the integrity of our great party must be
preserved. By a firm adherence to the
principles <>f the constitution and a scrupu
lous regard for the rights of the people,
the democratic party has before it a
long lease of power. If it proves false to
its professione and neglectful of its great
opportunities the people will hold it to a
strict accountability.
I have great faith in the administration
of President Cleveland. Differing with
him on his financial policy, the people of
the south have profound respect for his
official Integrity and the highest confidence
in his ability and patriotism.
In the continued success of the demo
cratic party in state and national affairs
rests the hope of the country and the se
curity of the rights and liberties of the
American people.
We should be ever mindful that God
made the earth and the heavens and that
He has builded up this continent and
erected cn it the best government that has
ever blessed the world, in which justice
and right sit enthroned upon the muni
ments of virtue and honor, liberty and law.
In celebrating the birthday of the repub
lic the people of the north and the south
should invoke the blessings of divine provi
dence that the Inheritance of free govern
ment which has blessed them may be
transmitted unimpaired to the remotest
generation. ,
FOR FREE SILVER.
Haralson County’s Democrats Adopt
Some Emphatic Resolutions.
Buchanan, Ga., July 18 —(Special)—The re
cent meeting of the democratic committee
of Haralson county was called to order by
the chairman. Or. M. K. Philipp.
The following resblutons were unani
mously adopted.
“Resolved 1. That the democrats of Har
alson county, in inass meeting assembled,
renew our allegiance to the time-honored
principles of the democratic party aS de
clared by the national democratic platform
of 1892.
“2. We believe that the only hope of relief
to the people from the burdens and injus-
Tiee of thirty years’ administration of the
republican party, is in the success of the
democnatlc party, and that It will enforce
all of its pledges of economic and financial
reform, and we pledge it our continued sup
port.
“3. That we endorse the action of Presi
dent Cleveland and all democrats In
otlicial positions in the repeal of the in
famous federal election laws of the United
States, in the passage of the tariff reform
bill, adopted by the house of representa
tives, in the levy of a tax upon incomes
of the wealthy, many of whom have been
heretofore exempted from taxation. The sav
ing of the people thirty millions of dollars,
by a just, honest and proper enforcement
of the pension laws and in all other things
that they have done to give force and effect
to the pledges of the party as contained in
the platform in 1892.
“4. That we insist upon the free coinage
of silver in accordance with the democratic
platform of 1892 as understood and interpre
ted by the great mass of the democrats of
the south, and in this connection and all
others of his otlicial acts, we especially en
dorse the able and faithful conduct of our
representative in congress, the Hon. John
W. Maddox.
“5. We point to the recent vote of W. O.
Pepper, of the state of Kansas, in the
United States senate, against the tariff
reform bill, and against the levy of a tax
upon incomes and the unanimous vote of
the populist members in the house of repre
sentatives in opposition to the repeal of the
10 per cent tax on state banks issue as the
best and highest evidence of the inca
pacity and infidelity of the leaders
of the third party, and of the fact that
no reform of government or relief
to the people can be hoped for through that
party. , . .
“6. We endorse the wise and economical
administration of Governor Northen.”
HI ITS LESTER RENOMINATED.
Tin? Democracy of the First Chooses
Rim for the Fourth Time.
Savannah, Ga., July 17.—(Special.)—The
congressional convention of the first dis
trict met in the superior courtroom this
morning and unanimously selected Hon.
Rufus E. Eester to carry the democratic
tenner in the congressional field for a
fourth time.
Hon. T. W. Oliver, of Scriven, was made
permanent chairman and George L. War
ren, of Emanuel, secretary. Colonel Lester
was nominated by Mr. D. R. Groover, of
Bulloch county and the nomination was
seconded by a delegate from almost every
county in the district.
The following democratic executive com
mittee for the district was elected: Bryan,
P. W. Williams; Bulloch, Solomon Aiken;
Burke, S. H. Jones; Chatham, G. B.
Wkateley; Effingham, J. W. Reister; Eman
uel, G. L. Rountree; Liberty, E. P. Miller;
Mclntosh, William Clifton; Scriven, H. C.
Kittles; Tattnall, E. J. Giles.
Hon. F. F. dußignon, recently elected
chairman of the democratic party of Chat
ham county, was called on and responded
in a few brief remarks.
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Sehraeder Indicted.
Galveston, Tex., July 16.—The grand jury
returned eight indictments against Charles
A. Sehraeder, the prominent real estate
man, charged with swindling his customers.
Sehraeder is jailed-
POLITICS IN GEORGIA.
THE RESULTS EROM THE SEVERAL
COUNTIES ACTINS.
Riclimend County Democrats Com
mend the Tenth's Representative.
Nouin.nlion* from Other Counties.
August:), July 21.—(Special.)—A democratic
mass meeting was held today at noon at
the courthouse to nominate delegates to
the congressional convention to be held in
Washington on the 31st. Mr. P. M. Mul
herin was elected chairman. Mr. Barnes
Introduced the following resolutions, which
were unanimously adopted:
“Whereas, We have witnessed with pride
and pleasure the career of Hon. J. C. C.
Black in the national congress, and,
"Whereas. He has consented once more
to lead the democrats of the tenth con
gressional district to victory, therefore, by
the democracy in mass meeting assembled,
be it
“Resolved, That we cordially commend
this distinguished son of Richmond, who
so ably represents this district in the-na
tional house of representatives, for his
faithful, efficient and patriotic, services in
that high and exacting position, and for
his able and untiring efforts to effectuate
into law the demands of the democratic
phitform—tariff reform; his efforts to se
cure the remonetization of silver at the
old ratio of 16 to 1, the repeal of the 10 per
cei-t bank tax and the passage of the in
come tax law and the other equitable
pledges of the party, and that we enthusi
astically endorse him for rfenomination
and re-election, believing that in him the
democracy of the tenth congressional dis
trict will have in the present, as it had
in the past, a devoted and influential rep
resentative.”
Major Cummings offered resolutions en
dorsing Senator Walsh as follows:
“Resolved. That we have followed with
pleasure and pride the course in the senate
of the United States of our distinguished
fellow citizen, Hon. Patrick Walsh—a
‘course combining patriotism, brood and lib
eral enough to embrace our great common
country, with vigilant and untiring devo
tion to the special interests of the south
and of Georgia; that we commend and
admire him for it, and that we heartily
recommend him to the next general assem
bly for election to the high office he now
holds, both for the short and the long
term.”
FI I TON'S PRIM ARY ELECTION.
The Vote Not ns Heavy as Was An
ticipated.
The Fulton county primary election oc
curred on the 13th instant. Owing to in
clement weather the vote was not as heavy
as usual. Great interest, however, was
manifested in the election. Complete re
turns show the following result:
For Congressman Fifth District —L. F.
Livingston, 2,633; Al. A. Candler, 1,648.
For Representatives—E. P. Howell, 2,953;
Arnold Broyles, 2,744; C. I. Branan, 2,176;
T. B. Felder, 2,030; D. Al. Vining, 706; T. L.
Bishop, 1,753.
For Sheriff —J. J. Barnes, 3,423.
For Clerk of Superior Court—G. H. Tan
ner, 3,356.
For County Commissioners—Jack J. Spald
ing, 2,728; W. R. Brown, 1,942; Forrest
Adair, 1,927; J. D. Collins, 1,467.
For Tax Receiver—T. Al. Arlstead, 1,850;
A. J. Mcßride, 1,186.
For Tax Collector—A. P. Stewart, 3,427.
For Treasurer —Columbus Payne, 1,937; Al.
Al. Welch, 1,001.
For Coroner—J. Al. Paden, 1,067; J. R.
Stamps, 1,047; Ben Williford, 150; V. M. Bar
rett, 218; F. X. Bliley, 61; W. L. Ezzard, 61;
W. D. Wilson, 332.
For Surveyor—W. W. Gritlin, 1,905.
Dougherty's Primary.
Albany, Ga., July 17.—(Special.)—In the
primary election In this county today for
representative and United States senator,
E. R. Jones, the present incumbent, wis
' renominated, over A. W. Cosby by a ma
jority of 64 in a total vote of 439.
The senatorial issue was mainly between
Turner and Walsh, the other candidates St
celvlng a few scattering votes.
The county heretofore has been in Air.
Turner’s district and always voted for him
In preference to any other candidate. His
small majority of 18 over Senator Walsh
was quite a surprise to his friends.
Lawson Carries Clarke.
Athens, Ga., July 17.—(Special.)—Clarke
county chooses Lawson delegates to the
eighth congressional conventional.
The vote polled was a comparatively
small one. Four hundred and seventy were
polled in the city precinct. Lawson got 345
and McWhorter 125. The county precincts
give Lawson a majority of 80.
Populists Nominate W. Y. Carter.
Athens, Ga., July 18.—(Special.)—The pop
ulists of the eighth congressional district
held a convention here today for the pur
pose of nominating a candidate from this
district. They had representatives from
each county in the district and others who
were not delegates increased the crowd to
about 200 people.
The convention then proceeded to nomi
nate W. Y. Carter, of Hart, for th'e repre
sentative. He was chosen by unanimous
consent.
Colonel James Barrett, of Richmond coun
ty, the candidate for commissioner of agri
culture on the populist state ticket, made a
speech to the crowd.
C. G. '1 hornton for Congress.
LaGrange, Ga., July 18.—(Special.)—The
people’s party convention of the fourth dis
trict was held here today. Every county
was represented. Colonel C. G. Thornton
was nominated by acclamation. He ac
cepted in a patriotic and ringing speech.
He is an able lawyer and has a strong
personal following. His nomination is con
ceded to be a strong one.
Campbell Elects I.ivingNton Delegates.
Fairburn, Ga., July 21.—(Special.)—Very
little interest was manifested in today’s
primary, there being no opposition to either
of the candidates. A good di.'al of scratch
eng was done. The county is
safe for Livingston for congress,
Whitloy for senator and J. L. La
tham for representative. Less than 400
votes will be the total vote for the county.
Rockdale’s Delegates Selected.
Conyers, Ga., July 21. —(Special.)—A repre
sentative meeting of Rockdale’s democrats
was held here today, and the following
Livingston delegates were selected to go to
the congressional convention: John Day,
Will C. Goode, C. L. Taylor and J. W.
Hale.
South Georgia Populists.
Waycross Ga., July 21.—(Special.)—The
executive committee of the Ware county
populists issued today a circular an
nouncing that Tom Watson and Judge
Hines would speak here at the congres
sional convention July 30th. The populists
of southern Georgia will hold a rally here
on that day.
Clayton for Livingston.
Jonesboro, Ga., July 21.—(Special.)—By an
unusually large vote, considering the fact
that only one ticket was out, Clayton’s
congressional primary went solidly for Hon.
L. F. Livingston today.
Fike’s Y’ot.e It, Uncertain.
Zebulon, Ga., July 21.—(Special.)—Pike
held her democratic primary today. The
race for congress is between Bartlett and
Whitfield, and is very close, Bartlett being
twenty ahead, with two precincts to b.scr
from. It is hard to predict which will be
the winner.
JUDGE TURNER AND RATIO.
Air. Henry Jones Analyses the Argument for
n Change in the Coinage Ratio.
■Washington, July s.—(Special Cor
respondence.)—ln the complete and,
of course, accurate report print
ed in The Constitution and other state
papers of Congressman Turner’s speech at
DeGive’s the night before, he is represented
as favoring the coinage of silver at the ra
tio of 20 to 1. Captain Turner did not state
the effect of this change of ;®lio, perhaps
because he had not time to go into details,
and perhaps for other reasons equally satis
factory. But the immediate result of an al
teration of ratio as suggested is so impor
tant and far reaching that it ought to be
brought to the attention of the people of
Georgia.
To change the law. so that it will require
Pure
JjS5. Family Aletlieinul Liquor Case. $5. 7 Year Old Rye Wliisky 552.65 i>er Gal.
1 Corn, ; 1 Tokay b Wine, me boxed ready for shipment. Orr?, two and
1 Bourbon, 1 Sherry Wine, three Star Georgia Corn whisky, $1.50,
1 ® in » , ! J Wine, 75 an j 52 a gallon, 10 cents extra per
1 Cognac Brandy, I 1 Apple Brandy, ~ ' , ,
1 Blackberry Brandy, , gallon for jugs. Country orders solicited,
12 Bottles Pure Liquors only Send for price list.
DONALD M. BAIN, Wholesale Uqiior Dealer, <> and S Marietta St., Atlnniq,
Ga. Reference: Atlanta Constitution. Terms Cash. Menflen this paper*
MN WINKLE GIN ANG HACHINERI CO,
ATLANTA, GA., AND DALLAS, TEX,,
Manufacturers Cotton Gins,
Feeders, Condensers
and Presses, ..
COTTON SEED OIL MILLS.
Shafting. Pullies, Wind Mills, &L-
Tanks, Pumps, Etc.
Write for prices and get your or- 'I
ders in early. '
EXTRAORDINARY OFFERr ImmREOoiBEB IM ADVAMCEI
” FOR 60 DAYS ONLY.
FREE EXAMINATION.
Aw Z'Wra Box of Cigars and litntfh for 52.50.
100.000 TESTIMONIALS RECEIVED.
V , CUT TBIS OUT moi send it to us with your name and adilrefig, (no
wl money required in advance) and we will send you by express,
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W i c examfnethe goods at the express office and. If satisfactory, pay
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.wL i/'ii cigars, and watch, chain and < harm are yours. As this offer Is
V . /Il made solely to introduce our famous 10c cigar, ami to protect
ourselves against dealers and speculators ordering in large
quantities, we wßi not sell more than three boxes and
three watdiea to any one person. Write*’to-day. Address,
NATIONAL MFG. & IMPORTING CO.,“ 4 cSK»i?’-
Mention The Oonatitottoa.
20 pounds of pure silver to offset 1 pound
of pure gold, instead of 15.98 pounds (or
16, as it is usually called) of pure silver, will
immediately reduce the stock of full legal
tender silver in the United States one-fifth,
and in the world, between one-fifth and one
fourth; cause the owners of silver Collars,
or representatives of silver dollars, to lose
one-fifth of their holdings, and will Increase
the debts of the people, now payable in sil
ver dollars, one-fourth.
The present gold dollar contains 25.8 grains
of standard gold, of which 23.22 grains is
pure gold. The silver dollar contains 412.50
grains of standard silver, of Which 371.25
grains is pure stiver. As the ratio Is be
tween the pure metals, it will be seen that,
at Captain Turner’s ratio, 20 to 1, we shall
have a silver dollar of 464.40 grains pure,
and 516 grains standard, silver, requiring the
addition to every silver dollar outstanding
of 93.15 grains of pure silver, increasing by
one-fourth the pilre silver in each silver
dollar.
As good an estimate as any of the amount
of legal tender silver in the world express
ed in dollars, is $3,500,000,000. Recoinage at 20
to 1 would cause a loss of $700,000,000, if it
were all in circulation at 16 to 1. but. as the
European ratio is 15'/e to 1 and the East
Indian 15 to 1, the total loss would be rather
over than under the enormous sum of SBOO,-
000,000, which is 33 1-3 per cent more legal
tender silver than we have in the United
States, and more than is held by any coun
try in the world, except perhaps India.
In this country we have, in round num
bers, 420,000,000 silver dollars in circulation
themselves, or by silver certificates, and
bullion enough now idle In the treasury to
coin into $180,000,000 more, making a total
supply of full legal tender silver money of
$600,000,000. Let Captain Turner’s proposi
tion for a ratio of 20 to 1 be adopted and at
once one-fifth of’this stock, or $120,000,000,
will be wiped out as effectually and be as
completely lost as if, with no change of ra
tio, 120,000,000 of our present silver dollars
were dumped into the middle of the Atlan
tic ocean.
This loss would fall upon those who hold
the silver dollars rt the time the change of
ratio goes into effect—so much upon the gov
eminent and so much upon the private indi
viduals. man who holds SSO or SIOO
will find that the new law has taken frehn
him $lO or S2O of his money, as the ease may
Moreover, as debts are payable In dollars,
the debtor owing SIOO, which he may satisfy
now with 100 of our present silver dollars,
will have to pay, after the change, 100 sil
ver dollars at the new ratio, containing as
much pure silver, and being equivalent to
125 of our present silver dollars.
On January 1, 1894, the treasury depart
ment statement showed a circulation in the
United States of $1,729,018,266, upon an esti
mated population of 67,668,000. The same
Statement July 1, 1894, gives a circulation of
$1,664,061,232, upon an estimated population
of 68,397,000.
With an increasing population and a de
creasing currency what reason can Con
gressman Turner give for advocating a
change of legal ratio between gold and sil
ver, which will carry with it a further con
traction in our circulation of $120,000,000
Why advocate a measure which will reduce
every man’s holding of silver by one-fifth
and increase his indebtedness one-fourth.'
Your report says that Captain Turner does
not believe that parity between gold and
silver can be restored at the ratio of 16 to 1.
In the face of the distress all over this
country and the world on account of the
demonetization of silver, it ought not to be
asking too much of the congressman
urge him to lay aside his doubts foi aw 11.
and advocate the restoration ot the law as it
existed from 1792 to 1873. This would seem
to be a better course than voting to
change o£ ratio, sure to result as herein set
f °For' the last twenty years there has been
less silver in the world in proportion to
gold than ever before. In the last
years the gold product has exceeded the
silver product by over Ju15,000 000. Inl tins
century the yield has varied, being at ‘Affer
ent times $1 of gold to "ears
zxF cilv. r in SI ol gold. >u<ii
after 1803, the^"r from'the
gold <li<i not x< . mint in one
leg t l ,a > w fly yea s coined nine times as
L lUr • s -obi and in a later perrnd
of ten years sixty-four times as much gold
a cant V dn Turner’s fears are purely Imagin-
if nait experiences are to count for
a J Certainly they ought to warrant
anything. Gtia->*» a eighty years’
lh e restoration of the Liw h or he g it .
wefl now as it did before.
out-and-out monometallist devotes his
time t- the attempted demonetization of all
legal teiidet bily 1 nio t f sat j s fi e Q w jth the
m o one-l'."h%f It, but only as
1 1 , l> r>” to again quote your paper.
UhL seems the'only Practical difference
between them. _ HENRY jo.xi.s.
Mr Appointment*.
Following are the engagements of Hon.
I. F Garrard this week.
Xt LaFeyette, Walker county, on Monday,
J At Ringgold, Catoosa county, Tuesday,
J At Dalton, Whitfield county, Wednesdiy,
J At Callioun, Gordon county. Friday, July
27th
” At Cartersville, Bartow county, Saturday,
July 28th.
At Marietta, Cobb county, Saturday night,
July 28th.
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THE CONSTITI TIOA .
How It Is Viewed in Skinville.
From The Covington Enterprise.
Over in Skinville, Larkin Britt
asked Uncle Billie McCart “How’s
the ’lection going down your way?”
“It will be sort of a set iff—me side will
be a stealin’ of votes jest about as last as
’tother side can buy cm. 1 hey 1 be.. a
votin’ an’ a buyin’ and a stealin’ an’ a
Ivin’ an’ it will require two oftioal counts
to tell which side ought to go to the peni
tentiary first.” Uncle Billie lit his pipe,
looked’up, but Larkin had lied.
WF Atlanta, tin. Whitehall SU
9