Carolina Watchman

              the carolina watchman salisbury n c thursday july 26 1894 v()i ii fonrni series no :!! ' carolina and south carolina and all ! the southern states and all the west ern states have been flowing their money steadily for the purchase of manufactured goods from this favor ed territory gn and on the stream ! has flowed until we see in this little corner of our great country having only about 6 percent of its area nearly one-half of the accumulated wealth of the country u old mill silver there is an enormous glut of gold \ reported from london and it is eon , fidently predicted the dam will break after awhile and there will be a great ; and sudden rise of securities others predict a great gold boom like that the world had upon the discovery of gold boom like that the world had upon the discovery of gold in cali fornia in 1849 lie is indeed a smart man who can tell what oi the unexpected will happen ami ! what this immense accumulation of i highly appreciated gold in london portends a writei in the london pall mall gazette prophesies that the 5,000,000,000 of sterling money now lying idle must break out and seek investments somewhere gold is moving from india to london in large quantities the london stat ist says this if gold is exported in large quan tities from india the grounds upon which the closing of the mints was determined are completely cutaway | it is proved conclusively that neither a gold standard nor a gold currency in india is possible ' * * as europe prefers gold to silver india prefers silver to gold highest of all in leavening power — latest u s gov't report p baking absolutely pure mr hoar they have raised the cotton close at hand they have have their stream and their abundant water power and they are ver much nearer iron and coal than we are what advantage have we had that they have not had ? senator jarvia snepeh what is castpria is i>r samuel pitcher's prescription for infants and children it contains neither opium morphine nor other narcotic substance it is a harmless suhstitute for paregoric drops soothing syrups anil castor oil it is pleasant its guarantee is thirty years use by millions of mothers castoria is the children's panacea th mother's friend castoria castoria ( . u adapted to children that ca*tnria euros colic oonstijwition raperior to any prescription • sour stomach diarrhoea eructation i a artrkk m !>.. : kills v.,rms jives slfvp and promotes dl oxford si brooklyn n y peetion s ittmut injurious rnolleation toria is 5 universal and ii known that it semnsawork for several years i iav recomniendec - h t ••■■ are tlik your castoria and shall always continue tt ■• ■ ■ •• - ■ !■ i astoria jo so as it has invariably produced ix-iwlcia results •. lai;:i d i ki-win i 1'aki.i m b ne york i stj . i25th street and tui a •. . new yurk city tuk ckntai r compainr 7 murray stkkkt new york cot mr aryis mr president i shall answer that question very briefly we were complete wrecks at the close of the war you had your splendid factories then open and in progress in natural ad vantages north carolina and geor gia and alabama are not only equal but are iar superior to massachu setts and the other new england states the day may come by and by when north carolina and geor gia and the other southern states and the western states will be the equal of those other states in pros perity and in property i trust that it soon may come when we come and ask our friends in that section to tear down or at least to lower this wall of protection so that the people living in other sections may have their goods cheap er they say nay when we come and ask them to unloose the tight strings of the money purse they say nay when we come and ask them to shoulder a fair proportion of the burdens of taxation they say nay when we come and ask the senators representing that section to take from the farmer and the laborer some of the burdens of taxation anil put it upon the accumulated wealth of the country the senator from new york rises in his place and says that it is an iniquitious proposition it is an inquisitorial proposition triumph of silver it finds noi now to approve in a single standard it is a marvellous change indeed that has come over it ,. a twelve month ilenr what this quondam organ of gold-buggery has to say after a lesson of experience ■ neglect of ■ iiiil the state np arm of the 1 icnt bat there is no neces ling ai my the existenc i public i the lastpi decadence ■;. in it people shall come to pay $ ■ 00 ■ they will have a inon vcr ol the er stern snbjec '. ments among them i such an argument should ss them nothing else would be lil serve — philadel ird germany forcvamplc was i a single silver basis when the war with france was fought and the civilization of the country ; :' military power was never higher franco is and for centurii ■ '. one of the most highly civilized lions in the world h has led mar kind in the useful arts and in the meantime it has proved it possessed of resources which have permitted it to recover from disastei more quickly than any other euro pean nation ha ever done but france lias always used silver more largely than gold and at this mo ment its stock of silver is greater than any in existence outside ot india 0 * it is admitted by all competent authorities that india has accom plished more tor the development ol iis manufacturing iudusti the last twenty years when - was at a premium than during any other period in its history i true also of mexico and of japan i would not mr president take from new england or new york one dollar of their prosperity or rob them of one ray of their glory but what i stand here and ask for is that the people who are thus fortun ately situated and have these great accumulated fortunes shall bear their just proportions of the burdens of the government under whose laws they have been able to accumulate these fortunes mr president it may be inquisi torial or it maj not i undertake to say that it will never be inquisi torial to those who honestly comply with the law if there is any inquisi tion instituted it will only be for those who seek to evade the law and i submit that they are not en titled to the sympathies of the sen ate it thinks that india holding so much gold could make money more plentiful and cheaper if it would part with it and send to england the goldolators predict vast productions of gold in africa mr hoar will the senator al low me i do not wish to interrupt the senator's argument and i shall endeavor not to do so again ? while all this talk as to gold is in teresting particularly to the friends of the yellow metal there is talk of silver progress too newspapers not heretofore favorable to silver like the new york press republican and the cincinnati enquirer democrat are talking rather more favorably of the white metal the latter says is willing to be elected to congress as a populist rather than to chance being defeated as a democrat such men can be spared by the democratic party mr jar vis i yield to the sena tor ah but say the senator from new york this is undemocratic and he warns us that we are incorporat ing into the pending bill a provision which will sound the death knell ol the democratic party mr presi dent after fifty-eight years of life in that party and after thiity years of faithful service in that party i un dertake to say that if it has no high er mission than to bow at the foot stool and worship at the shrine of accumulated wealth of this country the sooner it dies the better ap plause in the galleries the vice-president rapped witli his gavel mr jaryis mr president as i understand democracy it means sympathy with the struggling peo ple of this country as i understand democracy it undertakes to protect the propert of the country but at the same time it goes out into the highways and into the byways and puts its great arm around the labor ing people who create the wealth ol the country and undertakes to lift them up into a higher and a better life hasbingtod lciur , man , j c fuh 24 l894 j ueer si rt . t a i vm . ■ ; g i an sat isfaction irifl si uati m gen ral disagreement • marly two weeks • it of the house and :.;,!( cs i tainly does not iraging although some of i . lifted by the knowledge v hih tin disagreement is for isfactorv to the conk rees in ceneral it is in fact • hi oiiii halt ci u •/< ii ot the uii.inji.nts including sugar mil i he house confer •: ■•'■ iron ■ hev vhould ' r o jii listing that i - " , ., ■ \\ ilson bill . (. list as m the . ' iinrl tlu senate conferees in 1 l ll remain as passed by thesenu ' \ cleai lust at this time what tc une is to be but 1 cannot believe that the democrats in con .•. iii be willing t cany the dis sent to the extent of allowing - kinley law to remain in force v being jubilantly predicted republicans it would be il th conferees after another il to reach an agreement me prominent democrats itside and let them ai bi thc democratic parl ■ he country a tariff law . ill be suit idal f u the 1 emo • til to kci ■ . i unmit te on tcrri iit its meeting last week that alth g ' h utal bil1 a ' ■■■ ona and new • ild be admitted to the it the same i.hne and direct i bills therefor should be ready ■ next meeting mr hoar the senator cited what either i or my colleague or both of us said about the 400,000 000 in the savings banks of massa chusetts those 400,000,000 are the property of 1,200,00 depositors or thereabouts i have not the frac tions so they represent deposits of 360 apiece by the depositors they arc not the great fortunes of which the senator speaks the framers of this income-tax provision have re spected the suggestion made by my colleague and myself because they propose to exempt incomes under 5,000 when they are not in corpor ate hands and i think the commit tee themselves have agreed to exempt the savings banks w,here they are banks merely of deposit representative bailey of texas was made happy last week when the house in a vote of 127 to 81 pass ed his voluntary bankruptcy bill he has maintained ever sinee the torrcy bankruptcy bill was defeated thai t he majority of the houst favor ed a national bankruptcy law and that it was only because the torrey bill put it in the powers ot creditors to force a man into bankruptcy when he considered himself solvent that it was defeated the vote on mr bailey's bill which makes a man judge of his own solvency indicates that his judgment was correct allot the gold dolators ;■ bourbons sonic really lean by ex perience and study and after awhile conva their mistakes theiv is :.;: eni*a uroging outlo tk foi of silver in our own country is the belief of many newspaper?.—wil mington messenger strikes find high tnrifli co to r h.er . shows that the cause . i nd fre quent - . . labor for the pa - can be traced strous sun adduces from the m a the mbcr of business failures and it ui with un answei i!u ins lilures ifaction and ii the constant stimulati n business jer pay the i ' have decline in the number alike of business failures and . - ■ es tn ad of that both have gone on ic gethcr from i ■ lusive ten '. ' t recorded in this unpre i:i tin eight years appal ls reg . ls90 th : ff the iched . lie lisl r - uched : . ■ - too and 1 j.-71 . ■ . and years ■ tg2,0o0 ■ ours is the greatest silver-pro ducing country on the globe and the best interests of all who are pro ducing wealth will be immeasurably promoted by its universal use as money the enquirer is ready to advo cate any practicable honest honor able and statesman-like mode to make silver a universal standard of value it is in the power of the american congress to make it to the interest and profit of all com mercial nations to join in the coin age of silver at a fixed ratio with gold we heartly concur in the op inion of balfour and other distin guished english statesmen that ii tne united states persist in the coin age of silver england and other european monometallist nations must conform their money to ours or lose their most valuable trade railroads and i he army along with the other echoes <>> t'i:e strike comes the cry for a large in crease of the regular army in a large arm 1 .-, with adequategai in 01 near ail our large cities it is urged will be found the only secure protection against sue outbreaks as this chicago strike to tl need only be said that when a socie tv or nation becomes so degenerate effeminate ami corrupt that it can be saved only by soldiers it is n worth the saving so nation ever been in thai way the only sure defense of nations 01 c tnmuni ties is in the manhood and spi it eit^ens and the manly will be sadly wanting when il become necessary to . . of the regular arm - representative springer of illinois vas last week given a hearing by a sul j'>mmittee of the house commit tee on lii jll ' on ms bill providing for compulsory arbitration of all disputes betweefl employer and em ployes by a national board oi arbi trators air springer claims that his bill covers every possible contin gency that may arise and that if it be enacted into a law a long step will be taken towards the solving r the problem which has been so troublesome of late a number of bills dealing with the same subject are being considered by the 3ub committee so the argument which the sena tor is making of this accumulation of 400,000,000 by the working people of massachusetts 1,260,000 of them having 360 apiece in the savings banks is an argument which nobody is now adhering to unless the senator still adheres to it while silver is depreciated because of unfriendly american and english legislation and the action of the latin union in europe and gold is enthroned and highly advanced in value while products and invest ments are vastly depreciated delay in adjusting the currency coutinucs and the large part ot the democratic platform as to currency to this hour remains unredeemed and no eftort to do so is made by the powers that be gold will never cease to control the world and effects injouri ously american industries so long as this country keeps up its policy to coin only gold restore silver as it should be under the constitution and the good effect will soon be seen as to ibreign trade hear the cin cinnati enquirer leading dctnoc ralii paper in ohio saying this mr iaryis but here is the fact the senator himself admits that he lives in a country and in a section which is so fortunately situated and which has had the enjoyment of a peculiar kind ot legislation that the laborers of that state alone have a bank account ot 400,000,000 1 thank god for one that the democratic party to-day is in the hands of those who have the coin age to take some of the burdens froin the people and put them upon the accumulated wealth of the coun try and instead of this hill sounding the death knell of the democratic party i believe it is but the first step onward to a higher prosperity and a more glorious career if it shall only have the courage to move farther on the line which has been selected \ believe instead of our re publican friends in 181)7 seeing a re publican president inaugurated that the standard of democracy will be advanced still higher and that our banners will again float over the houseof representatives the senate and the white house when the next president shall be inaugurated disturbance it w as not the present lu dt rcgulai tro ips iu chicaj dispersed the mobs and opened i passage for l railway trains '.< was the majesty of the an nation revealed in the ;>:■ . i ol president cleveland that p.-.r '• the conspirators against jail der in the midst of their the most reckless were queikd when they read in the proclamatii purpose of the govei nrai i i i -'■■'■ its :• irecs ;■■' t i army into the fit i i il : ■ • the maintrnanc o deni thus spoke bv tl j the american pco would have requin the rcgui u arm to make •; i his \ weld representative bland of missouri proposes to put the newly found friendship for silver which so many republicans are professing to the test by getting his bill for the free coinage of silver reported from the house the re i raced ■ liis • - ' • ■ : ■ r well i sun mr president in the section of country from which i come not only the laborers have no bank account but if the farmers at the end of the year can possibly get both ends to gether they are peculiarly fortunate vet on every proposition which has been made here during the progress of this bill to take some of the bur dens from those people of north carolina aud the other agricultural states who have no bank account ami to leave in their pockets a little of the money which has been gather ed up year by year and month by mouth and day by day and which has been carried into the banks ot new england the senator has stood here with all his might and energy and fought oinage committee if he can manage to get a quorum of the committee who arc favorable to the bill togeth er soon owing to the absence oj members aud the nearness ol the dose of the session the chances arc against mr bland's succeeding another thing that adds to the chances against him is that a con siderable number of members ol the house many of them democrats are strongly opposed to any furthei agitation ol the silver question at this time and still more opposed to the taking of a record vote on the bland bill ical ingratitude is so common shington that it seldonl at more than a passing ni . apostacx t represent i of alabama who has writ nou it inj his wiih p the democratic p tcntiontiou to act with the t i . i such a glai ing bjeel - plain : ecei m m ire aii illy deserves sai>l an r eniocrat the reason n for leaving the hia inability to i k partv . , i i i ■ and and hi • president cleve pcjlicy^is absoluu - ro w hen the fact is remembt ■ wea his seat in the house . sident cleveland who during i administration appointed s district attorney for the and middle districts of ma thus giving him tin prom hich enabled him to get ited and elected to congress years ago w president as all the world knows t changed the financial ideas i during his first term it is as changed and the : , while obvious is not flatter him the third party has been _ in his district for several|years :■!> beat his populist opponent 1800 votes in a total oi more 2 1,000 - and denson believes it will carry the district this year and the l t nited suites i " i - 1 1 commis sion has discovered in the hitherto despised anchovy of the waters of kui northwest a possible rival of the sardine the only ap ti ; <. america lias until now cnlbieto «*»*» tte little pilch ardoi sardinia b«tothe«m menhaden nick-nam-dthasfaaddme these puget sound and t^inc coast anchovies which can be dipped up by the bucketful and wbieh the fish ermen have cur d as nuisances wr getting mixed up in their nets with the smelt are said to far surpass the sardine in flavor and sweetness russian fishermen have begun to pickle them with vinegar and spices and have found a ready market america's triumph wift be complete however when the delicious little iisli of the pacific shall be put up u olive oil philadelphia record the prohibitionists of haverhill iv'«ss having been defeated ;■' the polls in the recent election have hit uj 1 the desperate expedient ol en tering hito competition with the saloon-keepers of that city in the hope to drive them out of the busi ness whisky is quoted at five cents a glass and beer at 2 cents to the unsophisticated critic this would seem to foreshadow a big boom in liquor which will make the juiet town of haverhill a paradise for drinkers the old saloon-keepers may be obliged to put up their shut ters but what will become of the pampered reyelers when the prohibi tion shops shut down philadelphia ; record nations do not swap money any more than they trade yardsticks they exchange commodities our commerce with foreign countries amounts to hundreds of millions an nually how many french francs ur british guineas have you got and can you purchase a drink or a dog in this country with your im : ported coin the prattle indulged in by the metallists about money that is good the world over is mere goose-speech intended for intellect ual goslings there is no such america sells a cargo ot cotton in england and buys fine wine of france no british money comes to america no american coin is carried tofrance bills of exchange do th business and one debt is made to dis charge the other the atlanta constitution - tun i and wise and able on finance - ; i there is no more reason for wait ing until europe adopts bimetallism than there would be in waiting tor europe to adopt any other good thing which is within our control the new york press republican and gold bug is impressed with the but ve arc told that it dent that the carryii g rpoi arc unable to them from the frequent i strike and thai sential that f li i always hi fe in n large military force :<> oa i l wless clement i ... that matter there uevei n when the earn .: - protect themselves •. ol the civil authorities i of the : transport freights and | and they could own stockh - ■ tection for persoi is due to all pers - under a govcrnui ni i duty oi proti themuniei that fails the st itc must int home not icjunl ■ new ir sn i . - - *_ : " - ;• ■ 1 - ; • ' ■ mr president it has been my for tune to stand upon the deck of a grciit ship as it ascended the great amazon river when we entered that river looking far to the south no land could be seen looking far to the north no land could be seen yet if you pursued it 3,000 miles up you came to the source of that groat river all along for 3.000 miles on the eastern slope of the andes in peru and brazil and bolivia little streams where coming up from the mountain sides and from the earth that flowed on and on each con verging and directing its course to th other until by and by they united in the waters of that great river and formed a great sea upon which the navies of the civilized world might meet maneuver and tight out their battles and have room to spare so for twenty-five years north judge john gray byuum is having some serious opposition in his district by l l witherspoon vy \\, council and capt j w todd but his friends say he will be venom mated hon s 15 alexander has writ ten a letter withdrawing his name from the congressional contest in uis district