The Living issues. (Atlanta, Ga.) 1892-18??, October 05, 1893, Page 3, Image 3

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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. THE LIGHTNING HAY PRESS ■ The First and Only Practical Full Circle All Steel Press on the market I Has no equal for 'WON Ggg| ISTRENGTH, - - - - 1 SIMPLICITY, : : : - - DURABILITY, - RAPIDITY, i Adapted to the baling of Hay, Straw, Cotton, Wool, Tobacco Stems and other Fibrous Material. For Prices and terms call on or address, JOE S. NIX, Gen’l Agent. > 96 S. Pryor St., Atlanta, Ga. 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