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“Gold and Silver Part.”
Eidtor Living Issues:
“At this stage gold and silver must
part company and the government must
fail in its established policy to maintain
the two metals on a parity with each
other. Given over to the exclusive use
of a currency greatly depreciated, ac
cording to the standard of the commer
cial world, we could no longer claim a
place among nations of the first class,
nor could our government claim a per
formance of its obligation, so far as
such an obligation has been imposed
upon it, to provide for the use of the
people the best and safest money. If,
as many of its friends claim, silver ought
to occupy a larger place in our currency
of the world through general interna
tional co-operation and agreement, it is
obvious that the United States will not
be in a position to gain a hearing in
favor of such an arrangement so long as
we are willing to continue our attempt
to accomplish the result single handed.
The knowledge in business circles
among our own people that our govern-|
ment cannot make its fiat equivalent to .
intrinsic value, nor keep inferior money
on a parity with superior .money by its
own independent efforts, has resulted in
such a lack of confidence at home in
the stability of currency values that
capital refuses its aid to new enterpri
ses while millions are actually with
drawn from the channels of trade and
commerce to become idle and unpro
ductive in the hands of timid owners.
Foreign investors equally alert not only
decline to purchase American securi
ties bnt make haste to sacrifice those
which they already have.”
The above is an extract from Presi
dent Cleveland's message, which is
nothing more nor less than a ‘‘single
gold standard” document from begin
ning to end. He says: “At this stage
gold and silver must part company.”
And why? For whose benefit? Is it to
benefit the toiling masses that “gold and
silver must part company.” If this is
the object, and they are so very anxious
to give the “working man” a sound and
stable currency now by killing silver,
what did Hamilton, Jefferson and the
founders of the government mean by
adopting “gold and silver” as mon»y
metals? Did tLey make a mistake in
selecting silver as a suitable metal to
use as “money?” The President speaks
of the “fiat”of the government, “Intrin
sic value,” “Superior money,” and,
“inferior money.”
“Now, if the President don’t know
what he is talking about he certainly
ought to. Is it not true that all our
money material, is like clay in the
hands of the Potter, entirely passive. Is
gold money without the “fiat of law?”
If gold, per se, is money, and isintrinsi
cally worth so and so, then why legis
late upon it at all? Is it not true that
gold, like other metals, possesses certain
natural properties, and is not its intrin
sic value based upon these properties?
Both gold and silver have intrinsic,
commercial and legal value. “Intrinsic
value is inherent in the metal and can
not be imparted to it. It does not mean
commercial value, which is created and
sustained by supply and demand. It
does not mean legal value which is
created and sustained by supply and
demand. It does not mean legal value
which is created by law.” Gold and
silver, in their normal state, is just
what nature has made them. As mon
ey they are just what the law makes
them. Nothing more and nothing less.
Gold, as money, is not superior to sil
ver, unless it is made so by law. Silver
is being outlawed and cried down as
"inferior” money by the President as
the willing tool of the “gold trust.”
For what purpose does the President
boom gold and slander silver? Whv
should government bonds be paid in
gold only? Treasury notes made fall
legal tender for all debts, public and
private will be as good money as gold in
either peace or war. There is no neces
sity of redeeming one kind of money
with another kind of money. Treia ary
notes based on the faith and credit of
the nation will be good as long as the
government stands.
The demand notes of 1861, made full
legal tender in 1862, never went below
gold; but the greenbacks of February
25, 1862, depreciated as compared to
gold, to $2.85 in paper. But this was in
consequence of the “exception clause,”
demanded by bankers. And this little
“clause” has put a billion of dollars in
the pockets of these same patriotic
bankers and bondholders, and took it
out of tho pockets of the toiling masses.
And the president’s superior and inferi
or money theory will take billions more
from the toiling masses if permitted to
work out its legitimate results. The
President speaks of the “stability of
currency values.” What does he mean?
Does he mean the purchasing power of
the dollar? If so, it has never been very
stable as prices are constantly changing.
The less dollars there are in circulation,
other things being equal, the lower
prices will be, so we see the purchasing
power of the dollar does not depend so
much upon the material in the dollar as
it does upon tho number of legal tender
dollars in circulation. 23.22-100 grains of
THE LIVING ISSUES, ATLANTA, GEORGIA, OCTOBER 5. 1898,
pure gold make a dollar, and all the
good that any one will ever get out of
it is what it buys in the markets.
It is estimated that'the cotton growers
of the south have lost between 1873 to
1890 $1,410,000,000, and the wheat grow
ers loss is estimated to be $1,700,000,000.
And still silver must go. Not to give
ns “stability in currency values.”
“Gold and silver must part.” And
why? Is it to give the people better
prices for their labor? No. Is it to
give them more full legal tender money
so they can lift the mortgages off of
their homes? No. Is it to promote the
interest of all classes of our people
alike? No. Is it in the interest of a
government of the people, by the people
and for the people? No. But it is to
concentrate the wealth of the nation in
the hands of a few. At least, this is
what is being done, while the President
is contending for a “superior money.”
“Government fiat”, “Intrinsic value,”
“Stability of currency values.” I have
a question, don’t all answer at once: If
there has really been a money panic for
the last six months, how will less money
meet the case? Oi was it scarce “men
ey” or scarce “confidence” that caused
the trouble? “Verily the sun do move.”
G. W. White.
A True Picture.
It is intimated that Bascom Myrick
is author of the following production.
It is worth reading at least:
“For thirty years the democrats have
frothed at the mouth over ‘goldbugs,’
‘bloated bondholders,’ ‘practical tools of
Wall street,’ and all that genus of Shy
lockian monstrosities. And, from pres
ent indications, if they succeed in se
curing enough democratic votes in con
gress to carry the gold brigandage
scheme through, which republicans
coula not have done, there will hardly
be a solvent man, firm, corporation, or
concern between the Atlantic and Pa
cific oceans. Railroads will go into
receivers’ hands; banks will be busted;
mines, mills and factories will be shut
down; merchants and farmers will be
sold out at forced sales; the whole earth
will be plastered with assinees’ and
mortgages’ notices; sheriffs, shysters,
and sharks will flourish and fatten; the
red flag of bankruptcy and ruin will
waive triumphant over this fairest of
continents and the hyenas of universal
perdition will howl in ‘ghoulish glee’
from Androscoggon to Yuba Dam.”
From the above it will be seen that
the author understands the situation
pretty well. Mr. Myrick is the man
that Mr, Cleveland refused to appoint
to office because he had told the truth
about him before the nomination at
Chicago.
The great mistake that Myrick made
was in asking for office under a man
for whom he entertained such ideas
as was expressed in his paper.
When the legislature meets it should
not overlook the fact that sentiment is
largely in favor of a change m our elec
tion laws. There are frauds perpetrat
ed that would make the imps of hades
blush.—Dawson News.
“An honest confession is good for
the soul. There is no question but
what there were frauds perpetrated in
the elections in Georgia that would
make the devil himself blush. No
body knows this better than the News
and we are glad indeed to see the
News come to the front for an honest
election system. Repeal every vestage
of federal control of elections and then
give us the unperverted Australian
secret ballot system as a state law and
the problem will be solved. In the
future with the Australian system we
would have no occasion for the men
to blush over the frauds perpetrated at
the election, for we would have a free
ballot and a fair count.
Jefferson County.
The next regular quarterly meeting
of the Jefferson County Alliance will be
held with Wrenn’s Alliance on the first
Thursday in October, the sth day, at
10 o’clock a. m. I must respectfully
and earnestly request a full attendance.
Be on hand promptly at the hour.
S. L. Rains, Sec.
Mr. Editor: Please announce that
Franklin County Alliance will meet at
Carnesville, Ga., Oct. 12, in regular
quarterly session. A full attendance is
desired as ousiness of importance will
be transacted.
Col. J. B. Osborn has been invited to
address the people on that day.
Let me earnestly beg that the breth
ren come together as a united band and
work ae a unit. L. H. Coe, Sec.
This paper will be mailed Tuesday.
FEOM ALL POINTS IN THE SOUTH.
Condensed as Much as Possible to Give the
Sense, and Prepared Especially for
Readers Who Are in a
Rush of Business.
Birmingham, Ala., Sept. 27. —The or
ganized state Democratic executive com
mittee has been called by Chairman
Smith to meet in Montgomery on Oct. 12.
It will consider the proposition made by
the Jeffersonian Democratic executive
committee, which is that the next candi
dates for state officers shall be selected
by a primary. At such primary all white
men who were Democrats before the
election of last year shall participate.
Kolb claims that if such a proposition is
accepted the Jeffersonians will fill the
state offices next term.
Cullman, Ala., Oct. 2.—One of the
most important captures in the south of
a criminal has just been made by’ Sheriff
Suller, of a man by the name of Thomas
Robinson, of Livingston, Tex. Robin
son is charged with poisoning his wife,
step-daughter and niece. He was tried,
convicted and sentenced to the Texas
penitentiary for many years. Several
months ago he escaped and was recently
located about 10 miles from Cullman.
He admits his identity, and is now in the
Cullman jail awaiting the arrival of
Texas officers.
Little Rock, Oct. 2.—The death of
Colonel M. L. Bell, a prominent citizen
of Pine Bluff, last Saturday, has weak
ened the criminal prosecutions for em
bezzlement against ex-State Treasurer
Woodruff. He was the state’s most im
portant witness, and by him they in
tended to prove that he paid Woodruff
in person the coupons of the funding
bonds, which, it is charged, Woodruff
appropriated. His deposition was taken
in chancery in June, 1892, but is not ad
missible in a criminal prosecution.
Mt. Vernon, Ga., Sept. 30.—Five ne
groes paid the penalty of their crimes at
this place. Lucien Manuel, Hiram Ja
cobs and Hire Brewington are the mur
derers of Mr. Alex Peterson, of Ailey, a
little town on the Sam railroad, one and
a half miles east of Mt. Vernon.
They shot Peterson to death in an at
tempt to rob him.
Mr. Peterson was a well-to-do mer
chant at Ailey, and also express agent at
that place.
Birmingham, Ala., Sept. 27.—0 n Fri
day, Will Bell, a negro who was con
victed a year aco of murdering a negro
woman, was to be hanged. Evidence
has just been received from Memphis
that he was m that city on the day the
killing occurred here. He will be given
his liberty. The resemblance to the real
Will Bell is very striking, even to a
(small mark on his ear.
Mobile, Sept. 29. —News has just
reached here that the northbound pas
senger train on the Louisville and Nash
ville railroad has been ditched between
Scranton and Belle Fontaine. Two or
three are reported killed and many in
jured. A wrecking train and surgeons
have been telegraphed for. This is the
second attempt at the same place.
Greenwood, S. C., Sept. 29.—There
was a meeting of old soldiers a few days
ago for the purpose of organizing a con
federate veteran camp. The meeting
adjourned to meet on the 30th inst., not.
however, before deciding upon a name,
which is one familiar and beloved—“D.
Wyatt Aiken.”
Baltimore, Sept. 29.—Among the
plans to improve the Catholic parochial
system here is one to found a Catholic
high school for those graduated from the
male parochial schools. Catholics here
complain that there are no facilities for
higher education. This is to supply it.
Columbus, Ga., Sept. 29.—The Eagle
and Phenix mills of this city, which are
the largest cotton and woolen mills in
the south, and which have been running
on half time since the early spring, will
start on full time next Monday. Large
orders ahead make this step necessary.
Roanoke, Va., Sept. 30.—The Will
iam Watts Camp of Confederate Veter
ans and the Grand Army post held a
joint meeting and passed resolutions of
amity and pledging their best efforts to
uphold the authorities of Roanoke in ex
ecuting the laws of the state and city.
Valdosta, Ga., Oct. 2. Wylie
Thomas, aged 7 years, was playing with
a rifle and discharged it. The bullet
struck his little 5-year-old sister and
killed her instantly. They are children
of Mr. W. L. Thomas.
Sparta, Ga., Sept. 26.—1 n the Demo
cratic premary held here for treasurer of
Hancock county, B. H. Birdsong was
elected by a majority of 469 over James
W. Moore, his leading competitor.
Tyler, Tex., Sept. 29.—Jim Mat
thews shot and killed Dr. Steed in Sand
flat, 10 miles from this city. Matthews
came in and gave himself up. Family
troubles are given as the cause.
Millen, Ga., Sept. 28.—Jesse Davis
shot and killed George Smith at Still
well & Millen’s mill, in Emanuel county,
yesterday, because Smith refused to give
Davis a chew of tobacco.
Mobile, Sept. 28. —The lumber mills
of the Seaboard Manufacturing com
pany will resume Friday. They give
employment to 500 hands and disburse
SO,OOO in wages weekly.
Nashville, Sept 29.—A blast at New
som’s station was discharged premature-
ly, and a tamping drill was blown
through Joseph Simms’ neck, killing
him instantly.
Houston, Sept. 27.—Reports coming
from eastern and central Texas state
that the present drouth, one of the long- !
est and most severe on record, has been I
broken by good rains. The open cotton |
will hardly be damaged, but cisterns |
were drying up in many stations and ’
stock had to be driven several miles for |
water. It has not rained here since Aug. ]
8 last, while in some counties the pres
ent is the first rain since June. The
cotton estimate has been cut down to
1,800,000 bales, against 8,200,000 last
year.
Shreveport, La., Sept. 80. —Henry
Coleman, a colored man, who lives three
quarters of a mile from the scene of the
snooting, has acknowledged that he at
tempted to kill Thomas Lyles, at Mid
way. He said, after confessing, that he
had been informed that Captain Lyles
was going to make a seizure and break ■
him up. He says that he has made '
peace with Jesus and is willing for the |
people to do with him as they please. I
There is strong talk of lynching. Cap- <
tain Lyles is still alive. Coleman was ■
traced to his house by tracks which were I
made by the heels of his shoes.
Shreveport, La., Oct. 2. Henry
Coleman, Jr., a negro, who attempted |
to assault Captain Thomas Lyles, was !
taken from the jail at Benton by 80 men
and lynched. In the morning he was |
baptized by a negro preacher. He con- ,
fessed his crime and said he was ready
for the fate awaiting him, Mr. Lyles
has been brought here and hopes are en- ■
tertained for his recovery.
Knoxville, Sept. 27.—Court is in ses- |
sion at Clinton. In his charge to the j
grand jury Judge Hicks paid special at- |
tention to the Drummond lynching. ,
True bills are expected to be found j
against the soldiers for the crime, and i
the trials will come up at once. The i
cases of the Coal Creek rioters in the re- |
cent miners’ war will be tried this week. I
Huntsville, Ala., Sept. 27. —Eugene
Penny, on his farm five miles east of
this city, shot four times and instantly j
killed Wilson Thomas, a negro share ten- j
ant. They had words about dividing j
the cotton, when Thomas attacked Penny
with a stick. Penny came in and sur- j
rendered to the sheriff, claimmg that he j
acted in self defense.
Chattanooga, Sept. 28. —Secretary
Goulding, of the chamber of commerce,
has received a communication from R.
F. Allen, now in Chicago representing
an English syndicate, saying that he has
nearly $1,000,000 to invest in southern
property, and asking what inducement i
could be offered in Chattanooga.
St. Louis, Sept. 28. —Archbishop Ken
rick has not been “deposed,” m the
broad sense of having been degraded. '
Coadjutor Archbishop Kain has been I
granted full administrative powers in .
the diocese. As stated a few days ago, '
Archbishop Kenrick retains the shadow
without the substance of power.
Knoxville, Sept. 28.—Eight desper
ate prisoners escaped from the branch |
prison at Big Mountain. Their escape !
was effected byway of an old abandoned :
airshaft. It is thought that they were
assisted in their escape either by trusties ’
or civilians, otherwise escape would i
have been impossible.
Anniston, Ala., Sept. 30.—The resi
dence of Colonel B. F. Sawyer, in Ox
anna, burned at midnight, and the fam-1
ily barely escaped with their lives. The I
loss on the house and furniture is about '
$4,000, partly covered by insurance. The
origin of the fire is unknown.
Nashville, Sept. 29. —J. Z. Barnes, a i
prosperous merchant, committed suicide
at Cookeville by shooting himself through
the heart. He was only 27 years old
and unmarried. No cause is known for
the deed. He was slightly under the in
fluence of liquor at the time.
Fort Worth, Tex., Sept. 28.—The ;
grand jury has found true bills against |
City Secretary H. V. Burns and A. h i
Mabry, secretary of the waterworks. I
These officials are charged with malfea- I
sance in appropriating the funds of the
city to their own use.
Savannah, Oct. 2 . —A special from
Arlington, Ga., to The Morning News
says: Enoch Stubbs, a negro living five
miles south of here, in Early county,
was shot and killed at his home Thurs
day night. As yet no clue to the guilty
parties has been obtained.
Knoxville, Sept. 28—Affairs in the ,
Drummond lynching case have assumed |
altogether a different shape. The report
comes from a reliable source that not
soldiers but citizens of Briceville are
about to be convicted of the lynching.
Vicksburg, Miss., Sept. 29. —Three of
the Valley railroad shops here have been
burned and a fourth partially destroyed,
besides some coaches and many flat and
box cars, nearly 100 in all. The compa-1
ny is fully insured.
Augusta, Ga., Sept. 28.—The grand !
jury of Aiken county has indicted Jesse j
Cawley for the murder of his brother, j
Henry Cawley, who was assassinated;
two miles from Augusta, over the river, ,
last Saturday week.
New Orleans, Oct. 2.—The mar
riage of Mayor Carter Harrison, of Chi
cago, and Miss Annie Howard, of New
Orleans, announced to take place at Bi
loxi in October, has been postponed until
November, as it was found to be impos
sible to complete the arrangements in
time. Miss Howard has recently recov
ered from a slight illness, and has start- I
ed for a visit to New York.
THE NEWS IN BRIEF.
Short Itemß Gathered and Condensed for
Those Who Are Hurried.
Bill Dalton and his gang are reported
to be at Wagoner, I. T.
Harvard opened with the largest fresh-
I man class it ev»r had.
Mrs. Stephen Rollands, of Lima, 0.,
i has left for New York on information
■ that she has fallen heir to $400,000.
i F. Smith, who pleaded guilty at Chi
cago to the charge of attempting to bribe
jurors in the Cronin trial, has been sen
tenced to two years in the penitentiary.
Margaret Sampson, a negro, died at
Jackson, Mich., at the age of 108. She
was born in Virginia and was sold into
South Carolina as a slave at the age of 9.
Robbers entered the bank at Halstead,
Minn., covered Cashier A. A. Eckern
with revolvers, grabbed $l5O and escaped.
They overlooked $2,000 they might have
had.
The Chicago, Rock Island and Pacific
i railroad officials have word from the
; Cherokee strip that Rainmaker C. B.
1 Jewell, whom they sent to Enid, has
1 broken the drouth.
J. H. Cordell, late cashier of the de-
I funct Cordell Dunnica bank of Marshall,
I Mo., has been indicted as receiving de
| posits as cashier, knowing at the time
; that the bank was insolvent.
Wallace Bird, a half-breed Indian
; from Carlisle, Pa., was arrested near
[ Chester. He is thought to be the man
i who murdered aged Mr. and Mrs. Right
• ley, at Newtown, Pa., recently.
A report that an attempt was made
; Wednesday night to rob the midnight
j express on the Baltimore and Ohio road,
j about 30 miles east of Pittsburg, is dis-
■ credited by Baltimore and Ohio officials.
i The lamp post fire alarm, which is
such a prominent feature of the New
! York fire service, has been introduced
I into Boston, and the work of supplying
I the city with a complete system will be
rapidly pushed.
The receiver of the Iron Hall, at In
dianapolis, has reported gross receipts of
$562,168.94, and disbursements of over
$47,000, leaving a cash balance of about
$715,000. The judge decided to hear the
Iron Hall case proper Nov. 6.
I Andy Dimond and R. G. Harris, cow
boys, who tried to wreck a train recent
j ly, were killed near Varde Valley, N.
M., by Sandy Donahue, the famous
j fighting sheriff of Arizona,and his posse.
Dimond, it is said, had a record of seven
murders.
William C. Irvin, an iron worker, re
cently from Belfast, Ireland, became in
sane at the Germania House, Indianapo
lis, and chased the guests from the din
ingroom with a knife. When arrested
he tried to kill himself. He was sent to
i Indianapolis by a Philadelphia employ
i ment agency.
Benicker Is Dead.
Ocala, Fla., Sept. 30.—Deputy Sheriff
i Benicker, who was shot while guarding
' the prisoner, Dansey, while out in the
: woods hunting for buried treasure, is
dead. His death resulted from blood
poison. Dansey is still at large.
Knoxville. Sept. 27. —D. B. Monroe,
i leader of the agitators in the recent min
ing riots at Coal Creek, has been given
I up by his bondsmen, and is now in jail
here. He will be taken to Clinton for
I trial Thursday.
Camilla, Ga., Sept. 28.—Mr. Jack
Moore, a good citizen of Mitchell county.
I committed suicide by cutting his throat
with a knife. Despondency, caused by
ill health, was the probable cause.
Houston, Sept. 27.—N. H. Mercer,
the ticket scalper charged under the new
Texas law with having unlawfully sold
a railroad ticket, has been bound over
for trial.
Richmond, Sept. 28.—1 n the circuit
court, at the request of the Citizens
Bank of Richmond, B. R. Welford was
appointed receiver of the Vulcan Iron
works.
Augusta, Ga., Sept. 28.—Editor T.
: R. Gibson, of the Evening News, has
decided to accept his appointment as
j consul to Beirut, Syria.
Savannah, Sept. 28.—Barney Blue
s stin, a boy of seven years, was run over
by an electric car here and instantly
killed.
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