The daily times. (Columbus, Ga.) 1875-1876, November 16, 1875, Image 1

Below is the OCR text representation for this newspapers page.

VOL. I. TBIIMS Columbus Daily and Weakly Times, PUBLISHED BY THE DAILY TIMES CO. Ollier. Vi. 43 llamliilitli Mrret. HAJ IVY. (ImvjlßUHl.y in advance.) One Y*r 150 Si* lluntlu a ;l ° Thrwo Month. ' Ouo Muutta 55 Ouo Week 16 WBEKI.Y, One Year * 00 Six 1 00 (Wo paying postage.) KITE* OF APVMtTISIMi. Ono Square, oue work ♦ 3 tto Otto Square, oue mouth h IHI Oue Square, ail month. 01 oo Ouo Square, oue year 3s 00 Transient advertiaemeuta SI.OO fur firet iuaer tiou. auil 50 cent, for eeeh aubaequeut insertion. Fifty per cent, additional iu Local column. Liberal rates to larger advertiaements. HEN A TOR BAYARD. Au Open Letter on the Currency ques tion. THE OLD DEMOCRATIC DOCTRINE OF HARD MONEY—A SPLENDID ENUNCIATION OF PRINCIPLES - A TRIBUTE TO THE SOUTH ERN PEOPLE A DISCUSSION OF THE OLD BANKING SYSTEM, ETC.. ETC. Wilmington, Del., Nov. 5,1875. To the Editor of the Atlanta Herald: My Dear Sir : It wouM have saved me somo hours iu a time of business pressure if I eouUl have had the aid of a stenographer at Macon to repori the speech I there made to the peo ple or Georgia. But as no report of my speech was made, I cannot fail, in view ofthegrave importance of the subject, to comply with your request for ‘‘an open letter,” in relation to the question of national finance and currency, which so interests and agi tates tlie public mind at this time. I shall s|K-ak as plainly as I can, and must be forgiven if I reassert truisms, which seem, however, to tic overlook ed by many who discuss the subject now-a-days. Whatever is by law called “money —the legalized currency of the coun try -is the basis of all public and pri vate contracts, and therefore of cred it-being made by law the equiva lent for all t hings'purchasable. If this “money” contains iu itself uo intrinsic value, it eannot be used as a standard by which to measure the value of other commodities, and thus at once fails in the highest, attribute of money, because instability is its inherent and necessary feature; in stability is uncertainty, and uncer tainty is the fruitful paren* of fraud and wrong. Thus, if with such “money” we buv land, or houses, or horses, or bread, and obtain credit for such purchases the currency having no I'ixed value -fluctuates from day to day—so that no buyer can know how much tie will have to pay when his debts fall due, nor can the seller know wbat value lie is to receive; and thus all ordinary busi ness operations become speculative und gambling transactions. Witli a basis so changeable, all loans of money are uncertain, as the leader can feel noconfidence that he will get back a valuo equal to that with wiiieh he parted, and will, therefore, hesi tate to make the loan unless upon a proflt equivalent, to his supposed rislt, and this undue profit is always paid bv the borrower. If the lender was made to feel confident, that the currency he loaned would not tie re turned to him depreciated in value, he would gladly put it to use and on moderate terms. it is the absence of such confidence that produces “contraction,” and gives rise to the complaints we often hear of “want of money,” and which causes the paralysis we witness in every branch of trade and business. The threat of “inflation” that is. of increasing the volume of Irredeem able paper notes of the Government, and thereby necessarily decreasing the value In a greater ratio produces "contraction" in the amount of loans, because it lessons the influence which induces men having money, to lend It. Thus the inflationists have been all along, and are now, the real foes of those who wish to borrow money, on reasonable terms, in order to em ploy men who labor for their daily broad. We witness in the cities a ple thorea of currency, which the own ers long to invest to lend upon in terest but which the insecurity pro duced by the threat, of inflation de ters. Ti>-day inoncv can be borrow ed in millions in New York at the rate Of 3 per cent, per annum “on call” and secured by abundant collat eral ; but it will not be lent on time, or permanently invested, until the owners are assured it will be faithful ly repaid, undepreciated in value. That condition secured, and the loan is easy. , . , In other days it was the ngid and faithful performance of their •Contracts which gave to the banks of Charleston, South Carolina, Mobile, New Orleans, Savannah, and other cities of the South, their enviable fame and credit throughout the Union. Some of these institutions never failed to redeem their notes on demand in gold and silver coin, even in the midst of general temporary suspensions of specie pay menu-so rooted were they in stubborn, old fashioned integrity. This was not expedient, but it was right. It made loans easy to be obtained, beeause they were to be faithfully returned: und the rate of interest wan low, be camethe rink of leading urn email. And we must hot forget that as fac tors in all these transactions person al integrity and good faith were ever present which were the conditions of high mercantile standing in the cities I have named. Nowhere in the wide world of com merce was strict business integrity more rigidly insisted upon and more honored than in the cities of Charles ton, Savannah, Mobile and New Or leans, when the real men of the South had control of affairs, and be fore the days or carpet-bagging and military interference. The time has again come when the true men of the South should, as I believe they can and will, restore the old regime of high personal charac ter, and at once speak, plainly and sensiblv as of yore, in favor of such a iiolicy of administration as shall lead to the substitution of a sound currency, convertible at the will of the holder into gold or silver coin. Such a policy announced by them will instantly give confidence to those who own capital, or who control cap ital, and we should witness the quick reward of such proofs of wisdom and THE DAILY TIMES. sound policy in the abundant supi'h of money upon mortgage mid other security, and the States of the South would "become the theatre of the in vestment of capital, which now lies idle iu the money centre for want of confidence alone. Recent legislation in the West, in Wisconsin ami other States, and the late declarations in Ohio, have alarmed capital and will prevent its flow into these quarters, where it has heretofore gone so free ly, and will induce its recall when ever practicable until the citizens of those States shall take steps to re assure their creditors of their Intent to give due protection by luw to all investments. Therefore it is that I see in the present condition of affairs and of public sentiment the great opportu nity for the restoration of the laws of sound finance bv a return to the lim itations of the Federal Constitution upon the powers of Congress in rela tion to this most important subject. Ever since 18GZ there bus existed a combination between the Federal Ad ministration and the money power of the country, unwholesome for both parties anu unsafo for the country at largo. It has its basis in the system of Na tional Banks organized under act. of Congress and largely controlled by the Treasury Department, and subject to the will of a Congressional majority, a condition of things never warrant ed by the letter and spirit of the Con stitution, or the federal nature of our system of government. Under it the bunking business of the entire coun try has been restricted to one special kind of capital; i. the bonds of the U ill tod States Government, and the employment of all other descrip tions of capital asa basis for banking has been rigidly excluded from com petition. Credit has been restricted to the single form f National Bank notes, und tliis lias been unlawfully and unwisely taken from the Status and the people, where it admittedly belonged under the usage of our Gov ernment from its foundation, and de posited under the sole and despotic eoutrol of Congress. This was all ac complished by the passage of au act of Congress, which, under the pre text of taxing the State Banking in stitutions for the purpose of revenue, crashed their circulation out of exis tence. So long as this lasts, and Congress is invested with the power and sole discretion to determine and control the volume of currency- the extent of emissions of paper currency fol all the States and people—just so long uncertainty and dissatisfaction will prevail, and the sound and true principles of banking and credit will be disregarded. The ebb and flow of party power changes Congressional majorities from year to year, ami I can imagine no body of men so unfit to exercise so great a power and peculiardisoretion as the accidental majority of Con gress. Much a power has never been exercised in Great Britain. Even there under their imperial system, and all the political omnipotence of Parliament, such folly as confining the banking business of the country to a single species of capital, or pre venting aEy banker or banking asso ciation from using his or their credit by tlie emission of notes in any form they saw tit, lias never been attempt ed or suggested. Therefore we see tho numerous banks of Scotland, and Ireland, ami England—“country banks” they are called —pursuing a safe, useful and profitable business; supplying currency notes to their cus tomers, ami regulating t he volume of such issues under such limitations as self-preservation, and the laws com pelling the redemption of their notes on demand in gold and silver coin, make it necessary, The notes of the Scotch and Irish banks float side by side with the Bank of England and tho coined money of the realm, in all avenues of business. They are not and never were a legal tender, hut convertible, at will into coin, they be came practically equivalent. Tlie combination between the mon eyed power of the country and Con gress gives to the former a degree of influence over legislation which is inconsistent witli the public interest, and hostile to popular freedom, ;qid at't.he same time capital is subjected to the Ignorant or capricious controlof Congressional legislation, rendering its operations insecure and unstable. Is it not manifest t hat there is now a favorable opportunity for the Bout.lt ern States to assist in aiding tlie country to return to systems of sound finance and currency under the lim itations imposed by the Federal Con stitution over tho power of Congress over this important subject. The cry of Kelley, Butler, Wendell Phillips, and (alas! here and there u Democrat, is against "money rings,” “bloated bondholders,” “coupon clippers,” etc., etc., and passing by for a moment the infamous nature of such appeals, such outrages upon the “law of tho land,” which is for the rich as well as the poor, does not a moment’s reflection make it, mani fest that all the profits of fluctuation in our paper money of credit —those changes in its value which are going on day by day and hour by hour, all are at the cost of the laborer arid consumer, and benefit the very clas ses gainst whom Kelley & Cos. seek to excite popular and ignorant preju dice. The moneyed class have it always in their power by the purchase or sale of gold to raise or lower the value of the paper dollar; and when Kelley and Butler insist upon a con tinuance of the system of irredeema ble paper money, they play directly into the hands of the very classes they affect to assail, and perpetuate in their hands a cont rol over the cur rency dangerous to the welfare of the laboring and producing classes. It is the man whosenlaily toil supplies that day’s nedH.s, the man whose re liance is upon steady industry, to whom the fluctuation in the value of the curency in which he is paid, are so full of distress and loss. That which depletes him fills the pockets of the speculative class. How wise and eloquent are the words of Web ster: “Of all contrivances for cheat ing the laboring classes of mankind, none has been more effetual than that which deludes them with paper money.” This is the most effectual of inventions to fertilize the rich man’s field with the sweat of the poor man’s brow. Ordinary tyranny, oppression, excessive taxation these bear lightly on the most of the com munity, compared with the robber ies committed by a depreciated paper money. . ~ I feel the welfare of all our people is bound up in a proper settlement of this great question, and especially the Southern people, to whom releif from the present unfriendly adminis tration at Washington, which is con tinually growing upon them, and threatening even the very existence of states, is immediately and vitally important. Finance has its laws, and the business of the commercial COLUMBUS. GA., TUESDAY, NOVEMBER 16, 1875. world moulds these laws, and the na tion that refuses to conform to them must suffer just in proportion to the extent of such refusal. Tho currency of a country is the basis of its busi ness, und if it consists of a money without intrinsic value—a money based upon credit only—and incon vertible and irredeemable at any time, it. will have no value whatever outside the jurisdiction of the Gov ernment bv whom it is issued, and is totally useless to the market of the world. Therefore, being inferior in value to the money of the world, it will always depreciate, and being de preciated it will drive out of circula tion all other currency of superior value, for the obvious reason that no one will give in exchange a thing of greater value if lie can obtain that which he needs for something of less value, amt tints the currency of su perior value will disappear and find its way into places where it can be used as money and without loss. The law of supply and demand will control, and gold, like water, find its level. To invest a paper currency with the attribute of being a legal tender for all debts is but to increase and intensify its powers for mischief, and does not, ana never did in all his tory, permanently prevent its depre ciation. The power of legal tender annexed to the note only assists, the more hopelessly, to unsettle value and demoralize till dealings between man and man. If our people will but read the history of this subject—in all countries reflect upon it, and exam ine it by the light of experience, I feel confident they will willingly ac cept the counsels of Washington, Jef ferson, Hamilton, Madison, Jackson, Webster and Calhoun, and reject the modern lights afforded by Kelley and Butler and Wendell Phillips, a restor ation of confidence wilt “inflate,” in a wholesome way, because it will en courage timid capital to come out of its hiding places, aud embark in en terprises which will give entploj main to labor and increase production. Should such outlays become excessive and degenerate into speculative schemes, they will grow and burst; then "panics” will come, and then “contraction” follows the withdrawal of capital. Every era of reckless speculation is followed by a season of timorous distrust—such as now ex ists. Witness the wild embarkation of capital upon vast and premature enterprises, such as t he Northern Pa cific Railroad, in the construction of which tens of millions of dollars were buried, for this generation at. least. The victims of this spec ulation are to be numbered by thousands, and I have now before me a glowing oration, by tho Hon. W. D. Kelley, M. 0., delivered in Philadel phia in June, 1871, inviting everybody to put their money into tliis “mag nificent undertaking.” His promises aud pictures of profit and prosperity were as abundant, and confident ns those with which he now seeks to al lure the people of the United States into his patent “greenback bonding scheme. And the misery his orato ry assisted them to produce would be terribly repented should he again succeed in misleading his country men. The wreck of railroad property which we see all over the land makes capital necessary to set them again in operation, and capital in Europe, and in tliis country, only awaits the signal of confidence. Whenever we make it safe, to invest, the money will quickly seek investment. But the main source of confidence in a mart, or in it people, is not so much in their means of payment us in the lamest will to pay. ’ Herein is my reliance upon the ultimate prosperity of the country. The impulsive people of the Southern States may have crude ideas of finance —may be befogged by sophisms, and misled by hazy theo ries iu regard to “thedismal science” but I rely upon their sense of good faith and duty of standing by their plighted word. My trust is in these home-bred, native qualities ; and when at the close of tho late dreadful struggle they re-entered tho Union and became its citizens in name, thev did so under the honorable pledge of fidelity to the Govern ment. Believing this, and trusting them because I love them with a love “that casteth out fear," I would, from the day of their re-entry into citizenship of the Union, have delega ted to them their full share of politi cal power, coupling with it a moral responsibility for tiie public welfare. For it the men of the South lack honor and truth where shall wo look for them? If they lack truth and honor, may Heaven have mercy upon them and us! For we have compell ed them to a union that must prove fatal. No, my friend; in these years of misguided “reconstruction” J have steadily vouched for the good faith nf the people of t lie South, ami asked only that they should be permitted to get upon their feet, to resume their place in the Union—to speak freely with their own voice, arid through their own representatives. And every pledge I made for them they have kept, and every promise l made has been fulfilled just in proportion to the relaxation of the grasp of mili tary power from their throats and the withdrawal of inimical intefer euce with their local affairs. Wher ever they have been allowed to reha bilitate their Htates und save them selves from negro domination, from Virginia to Texas, they have justified tiie expectations of their friends and overwhelmed with confusion the prophecies of their foes. Public opiuiou in the North has at last re cognized this truth and compelled Williams to depart from tlie Depart ment of Justice (?) branded him ns a malicious slanderer, and taught even Morton that his “bloodv shirt” may prove to him a shirt of Nessus. And now I appeal to every man among you —and to none so confi dently aud directly as to those who risked their lives in battle for tho in - dependence of the Southern States from this Government—crown your pledge of citizenship with anew proof of fealty—put under foot the dangerous methods of assault upon the credit and prosperity of our com mon country which are contained, intentionally or ignorantly ,but always certainly, in measures which involve a violation of the recognized laws of finance which the commercial world adopts for its government. Eschew the idans and schemes of Kelley, Butler and Phillips, and stand by and insist upon a restoration of the standard of value in our dealings as the basis of our currency, State or Federal, public or private, according to the powers delegated to Congress under the Constitution of our fathers. Ido not say a (lav can tit. once be fixed upon which the United States Treasury can announce its ability to pay all outstanding demand notes in coin but. a system can be inaugura ted looking directly to that result which will make resumption an ear ly possibility. A man cannot be sure he will be In health on a given day next year, but lie can live according to the laws of health and the result will naturally follow. Let us have good will und natural kindness restored between tho sections—ungenerous suspicions banished, and trust in each other re stored among our countrymen. An administration at Washington friendly to the South as well as to tho other sections of the country, a sound economy in raising and ’ex pending public revenue. Honesty, old fashioned and precise in adminis tration, and a declared policy of re storing a specie basis for tiie money of our people, and wo may then look for a tide to set in, bearing confi dence upon its bosom—“contraction” will become “expansion,” aud pros perity will smile again upon us and our children’s children in a union of co-equal States. Sincerely your friend. T. F. Bayard' - - Cotton Uc|iort. New Orleans, Nov. 15.—The Com mittee on Information and Statistics of the New Orleans Cotton Exchange, to whom have been entrusted the duty of compling a National Cotton crop report, made up from tho returns of the various of changes appointed therefor by the National Cotton Ex change of America, beg leave to sub mit the following for the month of November: NEW ORLEANS DEPARTMENT. The New Orleans Cotton Exchange, covering that part of the State of Mississippi, not apportioned to Mem phis and Mobile Cotton Exchanges, the entire State of Louisiana, and the State of Arkansas, south of the Ar kansas river. Louisiana From twenty-eight parishes, we have received forty-three letters, reporting less favorable weather. A little more than one half the crop had been gathered, and with favorable weather all will be gathered by the Ist of January. The yield, as compared with last year, will increase fully 12 per cent. There had been no killing frost, but consid erable damage had been done by storms. Mississippi fifty-two answers from this State, average date first instant, rejiort weather as favorable and about tlie same as last year. About 45 per cent, of the crop is reported as picked, and it is calculated that all the crop will be gathered by the lust of December. The rust and rot have injured the yield from 5 to 7 per cent., which it is reported will exceed last year by front 12 to 15 per cent. Arkansas—The weather generally is reported favorable for gathering the crop, 45 percent of which is al ready picked. Light frosts have oc curred in the State from the 15th to 30th of October, but it is reported as having done no damage to crops. Rust and rot have injured tiie crops between 3 und 4 per cent. The yield is represented as generally bet ter than last year, the average yield being fully 5 per cent, in excess of lust year. charleston department. Charleston Cotton Exchange, cov ering the State of South Carolina. Sixty-four replies front twenty-seven counties.- The weather during Octo ber lias been very favorable for gath ering crops; generally more so than last year. Exceedingly dry weather and in many sections the rust having caused it to mature very early. Three-fourths of the crops are now gathered, and with favorable weath er the picking will be finished by the 15th or 20th of November. The average yield will fall short of last year 23 per cent. The injury to crops by rust lias been very severe in many sections of tliis Slate, but it is impos sible to give the per cent. SAVANNAH DEPARTMENT. The Savannah Cotton Exchange, covering Northern, Middle and Southwestern Georgia, and tiie State of Florida: Georgia The weather has been good, and as favorable as last year for gathering the crop. There was a light frost on or about the 18th of October, doing but slight damage. About two-thirds of a crop is now picked, and will be generally iinished by the lust of November. Average yield will be over ten per cent, less than last year. Top crop does not fulfil expectations, not having recov ered from the drought in July. Rust on the light lands has lessened the yield fully ten per cent. Florida weather has been good and favorable as last year. There has been no injury from frost. Yield as compared with last year is over 15 per cent. Three-fourths of tho cotton is now picked, and will be finished by Ist December. NASHVILLE DEPARTMENT. Tennessee—The Nashville Cotton Exchange, covering middle Tennes see, east of the Tennessee river. A killing frost occurred from 10th to 15th of October. Estimated dam age averages 33 per cent, from £ to \ of the crop gathered; it will be fin ished about the 20fh of November. Art averago of twenty-six replies show the yield to be 33 per cent, less than last year. Alabama.—Twenty-six replies from thirteen counties report the weather could not have been more favorable. Frost occurred from the 10th to 15th of October, and the damage therefrom is estimated at 5 per cent. The aver age of thirty-one answers give the crop at 10 per cent, less than last year. Frost did cotton no damage. Several report it as having been of benefit. MEMPHIS DEPARTMENT. District of West Tennessee.- Twen ty-six responses; twenty-five report very favorable weather; fifteen more favorable than 1874; nine abont the same; two not so good-all report killing frosts from the 11th to 18th— average, 14th. Estimated damage 14J l>er cent. Forty-seven per cent, of the crop picked; estimated close of picking season December 20th. Es timated increase of yield 18 per cent. Damage by rust will not exceed 1 per cent. Distriot of North Mississippi- Thirty reports from twenty-eight counties very favorable weather; ton inoro favorable than 1874; fourteen about same; six not so good; twenty live report killing frost from 10th to 17th October; averago 14th ; five report none. Estimated damage 1£ per cent. Thirty-five per cent crop pink ed. Estimated close of picking, with fair weather, July 14th. Estimated increase of yield 15 per cent, damage by rust, rot and storms estimated to be <ij per cent. Damage not over six per cent. For ty-two per cent, of crop picked. Es timated close of picking with fair weather, January 11th. Estimated increase of yield 34 per cent. District of North Arkansas thirty three responses; thirty-two report very favorable weather; twenty-one more favorable than in 1874; nine about the same; three not so favora ble; twenty-nine report killing frost 9th to 18th October; average 14th; six none. MOBILE DEPARTMENT. Alabama Seventy-eight replies from forty counties. Tho weather since the first of October has been generally favorable for gathering the cotton crop. Nearly two-thirds of the crop has been picked and planters expect to finish between November the 15th and December the Ist, In sixteen counties, comprising chiefly of cotton prairie lands, average in crease will bo 211 per cent, ovev last year. The damage by rust has uot been material. In thirty-one counties the average damage has % en about 14J per cent, from tho August previous. Mississippi -Thirty-live replies re ceived from eighteen counties. Tlie weather since the Ist of October has been favorable for gathering crop. About one-half of tho crop has been picked, and planters do not expect to be through before the Ist to 15th of December. Thirteen counties report au average increase of seventeen per cent, over lust year’s yield. Damage by rust has not been material in the State. , , Augusta, Norfolk, Galveston aud Wilminton Departments Reports uot received. Ned Harrison Watts, Chairman; R. Degas, J. V. Richards, Wm. A. Gwin, R. 0. Cammaek, Edward Morphy, W. C. Simmons, jr., Committee of Infor mation und Statistics. fOfficiul.] [Signed] Sam’l H. Buck, Secretary of Nationul Exchange of America. Minn Morin In the Wait. Omaha, Nov. 15. -An extraordinary storm is reported along the line oi the Union Pacific Railroad, west of Green river. Last night sleet fell in such quantities that the telegraph wires are reported as large around as a man’s wrist. Snow to the depth of one foot had fallen at Bitter creek, aud was still falling at 10 o’clock this morning. The cloud is moving cast. Telegraphic communication west of Green river has been broken all day. Rome. Rome, Nov. 15.- —Luciani, Arenati, Fnima and Morelli, who were on tri al, charged with complicity in tho murder of Rafallo Senzogna, editor of La Capitolo, have been convicted and sentenced to penal servitude for life. Fire In Charleston. Charleston Nov. 15.—A lire on King street lust night, destroyed the dry goods store of J. R. Read As Cos., Barnard’s photogragh gallery, and an adjoining building temporarily oc cupied by Edwards & Cos. Kingsford’s Oswego Pure and HIIVVXSIt GIX)HH HTAIICII, For tho Laundry. Manufactured by T. Kingston! A Son, Till! best Htarcli In tho world. / LIVES, beautiful finiah to tho liuon, and the 4 dUTurenco In coat between It und common atarch la aearcely half a cent for au ordinary waahtns. Aak ypur (Jroet-r for It. Kingsford’s Oswego Corn Starch, For Puddtnga, Blanc Mange, Ice Cream, Ac., in the original—Established iu IRIS. And preserves ita reputation aa ruiutn, stbokoeb and more vkl u'ATE than any other article of tho kind oflered, either of the aarne name or with other title,. Stevenson Macadam, Pb. D., Ac., the highest chemical authority of Europe, carefully analyzed this Corn Starch, aud Hay* it is a most excellent article ol diet, and iu chemical and feeding prop erties Is fully equal to the best arrow root. Directions for making Puddings, Custard-. Ac., accompany each one pound package. For Nale by ull Flret-CUwo* Grocer#. jy9 d&wtf _ Mrs. J A Droiiinger’s PAINLESS H- B- Collins) prepares, Out reduced prices, an Opium Cure, after the |J T IT ill Collins formula, and is IT -t. U -dA having remarkable suc cess, notwithstanding OTJ E strong opposition. Full A SUCCESS, AND particulars free. Ad- GENUINE IIEYOND dress B. M. Woolley, sep9) DOUBT, (am A'gt., Atlanta, Georgia. 11. H. Richardson & Cos., Publishers’ Agents, Hi Bay Street, fcavnnnah, Ga., Are authorized to contract for advertising In our paper. [jylß ly WM. >IEYEB, Randolph Street, Boot iaikl Hhoemaker, Dealer in leather and findings, ah orders filled at short notice; prices low. I have also provided myself with a machine for putting Elastic in Gaiters, at low prices. octß 6m LOW PRICES! FOB THE FKENEVr. Fall and Winter Seasons —AT TUB— STRAUSE Clothing Hall! No. 86 Broad St. Examine Our Prices CASSIMERE SUITS for $9 worth sl2 CASSIMERE SUITS, in OheckH, Striped and Plaids for f 12, worth sl3. WORSTED SUITS, in Basket and Diamond Patt. tor sl6, worth $lB. WORSTED SUITS, much hotter quality for S2O, worth $36- IMPORTED CASSIMERE SUITS, different styles for sls, worth S2O. BLACK CORDED CASSIMERE SUITS, for $lO. worth $22. BLACK CORDED WORSTED SUITS, $lB, worth $24. PEENOH WORSTED SUITS. assorted patterns for $22. worth S2B. BLACK CLOTH COATS from $8 upwards. " DOESKIN. PANTS, all wool from upwards. OVERCOATS ! in great variety, with aud without Mattelasse Facing, in Fur Bea ver and Moscow Reavers, the largest and finest line of ItIMOY-HADi: OVERCOATS ever oflered before to the public. (live mo a call and convince yourselves. STRAUSE, TIIE MERCHANT TAILOR CLOTHIER, \o. 80 Broad Street, eolutubiu, Cin. ADMINISTRATRIX’S SALE —OF— Valuable Property. WILL RE SOLD ON THE FIRST TUESDAY IN December, 1875, without reserve, at the northwest corner of Broad and Ht. Clair streets (Freer k Illgen corner), iu Columbus, Georgia, netweeu the hours of ten o'clock in tho forenoon aud four o'clock iu the afternoon, by me, Mary ,1. Henning, as Administratrix of the estate of Hie late Henry L. Benning, deceased, the follow ing property, namely: Lot of land in the city of Columbus known as north half of lot 194 on the east side of upper Broad street, with the improvements thereon, the same being the late residence ol General Hen ry L. Benning, deceased, said lot contains one fourth of an acre, more or Ices. Lot of land iu the city of Columbus known ns the south half of lot number 194 on tl vast side of upper Broad street, being one of the most de sirable building lots in the city, containing ouo lourth of an acre, mors or less. Lot of land iu the Coweta Reserve, with the improvements thereon, abont one mile from the city of Columbus fronting on t e Talbotton road and adjoining the homestead of Mrs. Comer on the right ami the homestead of Col. A. 11. Chappel on tho left, and known as the Boswell place, contain ing eighteen acres of land, more or less. Also 8,406 acres of land, more or less, situated In the northwestern portion of Muscogee county, Georgia, in the eighth Mild nineteenth districts, and known as the plantation of Gen. Henry L. Benning, comprising the following lots of land, to-wit: lots numbers 212 aud 346 iu the 19th dis trict of Muscogee county. Also, lot number 247, one-half of lot number 248 and 60 acres of lot number 218, in the 19th district of Muscogee county. Also, lots number MO, 261, 232, 253, 234 , 279, 280, 281, 282, 289, 2H4 and 285 in the 19tn district of Muscogee county, and lots numbers 107, 108, 109, 110. 111, 112, and all of lots numbers 194, 106 and 106 lying on west side of Standing Boy creek in the Bth district of Muscogee county. Also, parts of lots numbers 105, 104, 108, 101, 100, 94, 93 and 09 In the Bth district of Muscogee county. Lot of land in the city of Columbus known as part of lot number 803,with Improvements there on situated on tiio southwest corner of Jackson and Early streets having a front on Jackson street of 09 feet, aud running squarely back 147 feet aud ten Inches. Lot of land in the city of Columbus known as part of lot number 303 with improvements there on, fronting on east side of Jackson street eighty feet, more or less, aud running squarely back 147 feet and ten inches. Lot of land in city of Columbus known as south half of lot number 304, fronting on Troup street at the corner of Early and Troup streets, contain ing one-fourth of an acre,more or less. Lot of land in the city of Columbus known the north half of lot number 304, fronting on as west side of Troup street, containing one-fourth of an acre more or less. Also the Interest of said estate, be it what it may, in and to a tract of land in the village of Wyunton, iu the Coweta Reserve, containing 10 acres of land more or less, with improvements thereon,adjoining the lauds occupied by B. A. Thornton on the north and east, and on the south by the lands occupied by O. E. Thomas, jr., and on the west by lauds of Madison Dancer. Also, the interest of said estate be it what it may, in and to city lot number 196, fronting on Oglethorpe street and containing one-half of au acre of land more or less. TFltltlH OF NAI.E. One-third to be paid in cash, one-third on the first day of December, 1876, and one-third on the first day of December, 1877. Deeds will be executed to purchrsers and promisory notes bearing interest from date at seven per cent, per annum will be taken from purchasers, secured by mortgages on the land sold. The whole of the above land is in the county of Muscogee and State of Georgia. Tho sale will be continued from day to day if necessa ry until all the property Is sold. MARY H. BENNING, Administratrix of Henry L. Benning, deceased. nov3 dtd NO. 270 1 ■ T TCLLEEHT ! t i*Steam Power Printer! # COLUMBUS, GA. t IS WELL SUPPLIED WITH MATERIAL. AND Experienced Workmen employed in each De partment. Orders for work of any description filled wltb dispatch, and at most reasonable rates. Georgia and Alabama Legal Blanks Of every description on hand, or printed to or der at short notice. Receipt Books FOR RAILROADS AND STEAMBOATS Always iu stock: also printed to order when de sired. WRAPPING PAPER AMI BAGS. A large quantity of various sizes and weightß Manilla Wrapping Paper and Bags, suitable for Merchants, now in stock, which 1 nm selling low In any quantity desired, either printed or plain Prices and Specimens of Work furnished on application. THOR. GILBERT, Hnniloliih Street, Columbus, Ga. .jan 1 tf DeWolf & Stewart, JOB PRINTERS, 43 RANDOLPH STREET, Unity Times Office, Columbus, Ca. HILL HEADS, LETTER HEADS, NOTE HEADS, MONTHLY STATEMENTS, BUSINESS CARDS, VISITING CARDS, POSTAL CARDS, SHIPPING TAGS, ENVELOPES. CIRCULARS, PARTY IVITATIONS, WEDDING INVITATIONS, BIIL9 LADING BOOKS, R. R. RECEIPT BOOKS, CWAnd JOB PRINTING of every de scription executed witli Neatness and Dispatch. tf. postponed Administrator’s Sale. G 1 BORGIA MUSCOGEE COUNTY— AOREEA f bly to an order from the Honorable Court of Ordinary of said county, will be sold on the first Tuesday in December next between the legal hours of Bale, in front of tho store of Prei r k lll ges, by Rosette, Ellis k Cos,, auctioneers in the city of Columbus, Ga., the following property be longing to the estate of James Warren Massey, deceased, to-wit: All that tract of land in the 7th district of Muscogee county, lying on Upatoie creek, with fine improvements, known as the Mas sey plantation, containing 768 acres more or less. Terms of sale % cash, with privilege of one aud two years for the balance in notes,equal amounts, with interest at 7 per cent. Also at same time and place, that tract of laud belonging to said es tate known as the Baber Lot number 39, 7th dis trict Muscogee county, containing acre* more or less. Terms all cash, tela property sold for benefit of heirs and creditors of said deceased. JOHN, H. MASSEY. nov3oaw4w Administrator. Mortgage Sale. WILL be sold on the first Tuesday in Decem ber next, at Itosette, Ellis k Co’s corner, in the City of Columbus, between the legal hours of sale, the following property, to-wit: That tract or parcel of land lying in the City of Columbus, and County of Muscogee, and known in the plan of said City ns the North half of Lot No. 601, situated on Mclntosh street, between Early and Fulton streets. Levied on as the property of Mary Lewis, to satisiy a mortgage ft fa in my bauds in favor of Thos. 8, Tuggle vs. Mary Lewis. Property pointed out in said mort gage fl fa. J. U. IVEY. Kept 29-wtd Sheriff. POSTPONED Chattahoochee Sheriff’s Sale. WILL BE SOLD ON THE FIRST TUESDAY IN December, within the legal hours of sale, at the court houso door in Cusseta, the following property to-wit: The building known bh the Pleasant Hill (M. E. Church, South), near Gob blers Hill, in the county of Chattahoochee, to satisfy a saw mill leiu ft fa from the Superior Court of said county, in favor of Wm. Bagly vs. Win. Phillips, Elbert Miller and A. J. Barfield, Committee. Property pointed out in fl fa. JOHN M. SAPP. Nov 2 td _ Sheriff. POSTPONED. Muscogee Tax Sales. WILL be sold on the first Tuesday iu De cember next, between the legal hours of sale, in front of Freer k Illgea' store, on Broad street, Columbus, Ga., the following property, to-wit: South half of city lot No 282, being and lying iu the City of Columbus, on Jackson street, between Fulton aud Covington streets. Levied on as the property of Mrs F C Dickerson, to satisfy a tax fl fa in my hands for State and county taxes, for the year 1874. Levy made by lawful Constable. m >v7 td J R IVEY, Sheriff. Mortgage Sale. WILL BE SOLD ON THE FIRST TUESDAY IN January, 1876, before the court house door in Cusseta, Chattahoochee county within the le gal hours of sale, one cream colored Mare, levied on as the property of J. A. Gurge, to satisfy a mortgage tt fa in my hands issued from Talbot Su perior Court, in favor of Charles M. Smith, against J. A. Gurge. Property pointed out in fa. JOHN M. BAPP, oct29 td Sheriff. W. F. TIGXER, Dentist, Randolph street, (opposite Strupper’s) Columbus janl ly] Georgia.