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and returned once more to his Mis sissippi home. He resumed his po litical career in Congress, being ele vated to the United States Senate and to the cabinet of President Pierce as Secretary of War. » Outlived Sectional Feeling. With the consideration of Mr. Da vis’ political career the speaker dis cussed at some length the issues which led to the Civil war, mainly the right of secession. He said: “Mr. Davis accepted the ideas of the eminent makers of the constitu tion and believed that they had or dained and established a general gov ernment, which had ample powers to conduct the states to the broadest and loftiest national glory, without having conferred a grant or even one power to oppress any citizen or class of citizens nor to discriminate against a section or scourge a state.” Quoting Mr. Da vis’ words, “As long as I held a seat in the Senate my best efforts were directed to the maintenance of the constitution and the union resulting from it, and to make the general gov ernment an effective agent for its pre scribed purposes. As soon as the para mount allegiance due to Mississippi forbade a continuance of these efforts I withdrew from the position.” Farmers, Will You ....Join Us? Watson’s Weekly Jeffersonian and The Union Guide (Pell city, Ala.) Official organ of The Farmers’ Union of Alabama § Both One Year $1.50 CANNING HERE’S WHAT YOU CAN DO. Loopers, S. C., February 5, 1907. The Raney Canner Co., Chapel Hill, N. C. Gentlemen: —In regard to the No. 2 canner I bought of you last season, I must say I am more than pleased with it. When I bought it I only in tended using it for my own goods, but I canned for my neighbors as well as myself. I ordered my outfit late in the season (July 12th), as you re member, and put up (10,000) ten thou sand cans. My fruit is certainly fine. It has the natural flavor. My goods are pronounced “the very best” by all who have tested them. I expect to purchase a larger outfit from you this season and can on a larger scale. To sum it all up I must say Raney’s Canner is good enough for me. With best wishes and a prosperous season for you, I am, Yours very truly, W. H. WILLIAMS. Our Price for this cm oo Size Only - - - - ” • THINK OF DOING A Thousand Dollar Business IN A FEW MONTHS WITH A Don’t delay any longer, send us your address and get our literature, and learn what we can do toward increas ing your Income, and the happiness of your family. The work is simple and easy, and our prices are low. THE RANEY CANNER CO. CHAPEL HILL, N. C. WATSON’S WEEKLY JEFFERSONIAN. Will You Join Us In Making A Fortune ? Nothing so surely offers as safe an investment and large returns as a good manufacturing stock. Probably you do not realize how many people that are enjoying a regular income as the results from investing in manufacturing stocks. There are thousands of them and they are largely those who bought their stock when the op portunity was first offered to secure shares at a low price before the Company had been fully developed. Stocks of many manufacturing companies have advanced from a few dollars a share to prices ranging from SIOO to $5,000 a share m value, and besides have paid back to the investors in dividends many times what they first invested. Many of the companies are paying from 50 to 100 per cent in dividends on the first price for stock. Twenty-live years ago, Bell Telephone stock sold at $1 a share; this stock has increased in value to over SI,OOO a share. A lew yeais ago, Linotype Machine stock sold at $25 a share; this stock is worth over SI,OOO a share today on the open market. To grasp s..ch an opportunity, purchase stock in the Empire Machine Company at $25 a share. This company is in the hands of men whose ability and integrity cannot be questioned, and these men pledge themselves to see that each and every investor in the enterprise receives an equal division of the profits. CONCRETE, Concrete has long been recognized as the building material of the future; its development as such is becoming a necessity. That some new material is needed is proven by the diminishing supply of wood, which is estimated will all be cut in 20 years. Wocden buildings have practically a short life of usefulness, and buildings of brick, although they have a longer life, are sub ject to weather conditions and will eventually disintegrate. Con crete, on the contrary, when subject to the same conditions, becomes stronger as time goes on. The Empire Machine Company has just been organized as man ufacturers of Concrete Block Alachines, Concrete Brick Alachines, Concrete Mixers, Concrete Sidewalk Alachines, Concrete Fence Post Afachines, etc. Tiiis company has been incorporated with a capital stock of $250,000, divided into shares of par value, SIOO a share, temporary price, $25 a share. Our Afachines are fully protected by United States and Foreign Patents. There is over 300 per cent profit in their manufacture; this enormous profit and the rapidly increasing demand for Concrete Alachincry should make this s-b-ck pay dividends of 50, nr even 100 per cent a year in the rear future. Dividends will be declared semi-annually. LIBERAL PAYMENT PLAN $5.00 down and $5.00 per month for 9 months buys 2 shares. $15.00 d »wn and SIO.OO per month for 31 months buys 5 shares. $25.00 down and $25.00 per month for 9 months buys 10 shares. $50.00 down and $50.00 per month for 9 months buys 20 shares. $50.00 down and $50.00 per month for 11 months buys 50 shares. Not more than 50 shares to any one person. Cash plan, 5 ner cent icss for cash. Only a limited amount of stock will be sold on the above price and terms. Send in your application before the advance in price, or write us for full prospectus, literature and description of Machines, to gether with our references. REPRESENTATIVES WANTED IN EVERY STATE. Address all communications to, THE EMPIRE MACHINE CO. Nashville, Tenn. READ THIS! • We will send you Was son’s Jeffersonian Magazine for four months at 50c. No commis sion on this offer. Send subscriptions direct to our office. 608 TEMPLE COURT THE AMAZING ECONOMICS OF ME MORIAL DAY. (Continued from Page 1.) plain what the remaining $8,000,000,- 000 represents? To speak about “value” in the vague, reckless way manifested in these remarks is extraordinary in a long-deliberated public address. What under the sun does it mean to say that the “commercial value” of the railroad property of the country is worth as much as the securities rep resenting it? The presence of the men that get rich from stock-water ing is that their practices are justified because a property can rightfully be capitalized up to its earning power. Is that what the president means? The net earnings of a railroad this year may be $2,000,000, whereupon, according to this pretence, its capi talization should be $40,000,000, allow ing 5 per cent as the proper and nor mal rate of dividends. Next year the road may go into the hands of a re ceiver and its net earnings be noth ing. Then, according to this brilliant theory of economics, and according to President Roosevelt’s deductions, the capitalization also should be nothing. “loose talk?” Well, rather; so loose it rattles. What the country would really like to know from President Roosevelt or some other eminent authority is this: Since more than one-half of the cap italization of the American railroads is fictitious, and since on this fictitious capitalization the public must furnish the dividends and interest charges, how large a proportion of the present freight rates and passenger rates could be scaled off if the capitalization were real instead of fictitious? To one not enlisted in a third-term movement it would seem much more important to answer this question than to reassure Wall street at a time when Wall street is doing quite well, and when the only persons that need reassuring are the tin-horn gamblers that, securing an advance copy of the president’s speech, use it to fleece some unwary victims of their game. The Union News (Barnesville, Ga.) ..and.. Watson's Weekly 12 Months for $1.50 TOM WATSON’S WEEKLY and j WM. J. BRYAN’S PAPER Both for $1.50 Mr. Bryan Is the most conspicuous figure in American politics today. He is more —he is a World Figure. His views on men and things are awaited with interest in foreign countries as well as at home. THE COMMONER is his medium of communication with the world; but it is more than a per sonal organ, for it covers the whole realm of political thought. Hence, no one, whether a follower or an oppo nent of Bryan’s doctrine, can fail to be interested in the columns of this famous paper. Address * i WATSON’S WEEKLY 1 JEFFERSONIAN, /ITJ Atlanta, Ga. _ J PAGE THIRTEEN