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1^0 1 i ll <•__«** vol iv salisbury iv c dec 17 1869 no 50 a:ijc(olb_vortl state itiiusiikil wkiim.v nv xj ____ 7v i ssi xx ____. 1st 33 __» editor and proprietor ii ttbft ol mill hut i-i u payable in udviiuce hix month ., " " i i 1 ' a copies to one ml dress i'.'.'.n 10 copies to one address 20,00 hat . oj advertitinq one square brst insertion 1 for each additional insertint 50 s iul milieus will bu charged ."><. per cent higher thiin the above rules cottrl and justice's orders will be publish ed ni thu same rates with other advertise , incuts obitunry noticed over six lines charged m advertisements ( ontract rates ii c h h " ~ % ' | ? h _ ___ i '* : _? space i g k i 5 •• . f ! i 1 square < 3 50 i 75 ifsoo 8 50 1300 8 squares 4 50 i i 8 50il!l00 i squares h 00 hoi i _' 00 20 00 j 311.00 4 squares s nil 1 1 in 15 00 25 00 i7..".<i i lm in ii iii hi ml 2.1 0(1 lit ill i'i 00 | l lumu 18 00 24 00,30 00 45 00 75.00 j 1 column 2800,4000 50 00(80 00j 130,00 jehsey lands for sale rp — - 1 hi subscriber ofters for tale ihat val i nab u farm in ihe jeisey sjetileinent 1 david sou county known as tdk thai.ks mc donald place said farm lies inimedi ately on the vadkiti river j ist below tlie tia j ei foard and on both sides of the n c liui road three-fourths ofa mile from thn holts burg depot this farm contains ab.eit 8('0 a re aboul sixty acre of which is excellent hue bottom and tbe remainder good jersey uplaii is a lariit part of it is sllll in woods anil heavily limbered ti.e farm is ill a high state of cultivation j well watered and stocked wnh well-disposed and contented lennnls it is well adapted lo ] tin growth of cotton and grain aud _. alto ! getber one of ih most valuable und desirable in ms to be found in tbis part of the eouniry the linns of ibe payment will be nunla lib era tie . easy address r v foard agent of ii l tar lee coueuid n c s',,v it h'.li 43 st | d_._.-tsi yonng inn ic i j the most rparkling juvonilc mngnsine ever i ■; ;." md spleudid glnoino i'ictuies of an dubou's birds of ame icu us luppleinents and i oilu r lire engravings in eai 1 iiunil cr the no | vunibcruud deceuilier iiumbors free to new sub se.-il.ers the mop instructive entertaining and l.r-t juvenile magwdno comprises mnneroiis nnd ! norel ' il'.ne that nre peculiarly its own and ; riitirely tree from the gross exaggerations so c iiiin.ii i juvenila literatim uur nioiilhly vouug ani'-'ii u presents the lincsl ciorcil ami | othur engruvings tlie best stories puzzles prizes ; m i-i uu i .. i of new and interesting sub jnets that will uol only nre ihe attontlon of v h and lirls but serve to purify and elevnto i their mini i commnnh ate much v luable inl'..r niation and prove a well-spring of pleasure in tl iiousehold yearly hubscription l..s.u with n po i micro 1 ncopo.or a pearl-handle i'ockot-ke.ile or a beau 1 i.i.ii hook ii premium i each subaoriber and , bpli iuud premiums gi ci for clubs address w jesi.ings demoriost 838 broadway n y specimen copies with circulurs mailed free ■on reoelpl i i ton c.-iii . new subseribnrs sending in lef re the first of jnnuary next will receive the november and december numbers free a splendid prize for the ladies the llm.-st mosi pleasing and cosily parlor engraving ever | published in america presented as n premium to each subscriber 2 he useful the entertaining and lhe beautiful the model magazine of a merica jjemorest's illustrated monthly the useful in demorcst's montlily roin iwa the utilities of fashions in ladies and i idren s dress including full-size fashionable [ ft ms colored steel flatus etc gardening i bo iiki ii.l and ornamental adapted to ladies id ! i otlages with th.ir surroundings und lion matters in nil iheir departments th kntertaining com prises original fiori s md 1'oems by the best antliors spi.y items 1 milur music by the best composers etc etc tiik i'kautiful comprises numerous il lunrations in the highest htyle of art printed on i'.e lines calendered paper in the besl man in r . i up i a atyle to form 11 splendid volume for binulna at the end of tho year und altogeth er a n.iiilily visitor lhai no holy of taste or cconoii al noilfcwifi can nflbrd to do without yearl svilwctiplinn only ljji.no with the tni :. lur l and i i nli a in ( ngraving ever finished in xmer'u '.. and riehly worth 10 en titled tlii ii'-n'u on the fourth of july given os u premium l eiieli sul.scriher and plendid prcnmims for clubs address jikmuio r'e momi.i v madazlxe 8i.s llroadwny n y when sent by mall tl 1 1 •' • un tbu v.n graving ten cents ini(bt be in bided speci'meii copies i.?tlic uni izltie with sircu birs mailed free on lpioflif_.il cents r ok tcm caioy 14 sii«se boxes something new and tyry desirable kacii box is fllled witb a new miii sswrtod flavor ed eaiuly ami every box will _«»'■ym * ca yaisk tliihl anil til ver '■'''.. li w'al.il .' i iina i i .-- in.l j m i."i i in ....*■.. llui is stuiln uur he p . . .'. . th!.v rf.tai1 a i .:, 0cj.ts ■. i i • : i .- | y n george millt-f &. n li l ida i'.im ' anil . ... . l . i ,. ., r .. r ) ' . . . . . - 1 ' ill ftir i . '.., . . tli it t.i n j , '■" ■• ■' ■■..... ,,,. ,,'. !',.";;. i iilt'itlmi it .'. . . ... ., ." .... - j ' ; "•* ' i70rty thousand casus 01 0001)8 were shipped from onr iiouhi in ono yonr to families clubs nnd merchants in every part ol i lu i ni ul ry iv.un main to california mil nun , ing in value to over one million dollars uur facilities for transuding this immense bu siness are hotter ili.m ever before wo havu agents ni ull the principal cities to purchase gnoda from all the manufacturers importers mni iiii.it ii.r cash in often af an liumonse siiiriiii'i from the otlginnl eost of produeiion our stock i consists in part of the following guilds -- shawls blankets quills cottons ginghams i ins li mils table linen towels hosiery slave shirts corsets dx tic silver plated wart spoons plated on s'iejrell silver insert fork fiv bottle plated castor \ briltunia ware class wtire table and pocket \ cutlery in great variety miegunl french nnd german flincy guilds beautiful photograph album lhe ntwesi and li,.m i styles in l .'.. and velvel bindings [ uarrocco travelling hug handkerchief and gluve bote die gold nnd plated .!• wilry f the newest style we have also made iiituugouieuts with some ofthe leading publishing limine that will oun ble us lo ell ilm s nndnrd and latosl works uf popular authors at aboul one-half tho regular price such as bvron m tn ul'mns mil ton mid tknnvson'b wobks iu full id ami ci..1i1 bindings and hundreds ul'otbers these and everything uibo for on dollar for cue article we ilu not ofl'i r a sluglo article uf mcrchan j dis tliut win be suid by regular dealers ut our i price wo do not ask you to buy goods from ns mil ss we can sell tlieni cheaper than yon eiin obtiiiu ibi'iii in auy other ways while iho greater part ••! our goods nre sold at about one-half the regular hates wo want good reliable agents in ovcry pari ofthe counl ry uy employing your spur tliuo . t.i form clubs and sending us oidcrs you cnu ob'nin the most liberal eouiuiiskloiis either in \ cash r wierchandise und ull gi'.uu ent in us will i iw represcuti d and wo gtiaroulao satisi'aulion t every one dealing withourliouau i as the holidays nro approaching we are in iking spools arrangements to supply erery one who r.h'ls our advertisement with the | in.ist handsome and useful holiday presents that can be thought of or wished for and tn innl le tin in to procure tlieni cheaply i nud expeditiously w.e will giv to nny one , who will become our agent lh hundred ' free tickets enumerating some of tho many different articles from which you make your se lection of holiday presents for returning full chilis from these free tickets accompanied by the cash wo will give the samo extra prcniiunins thai we now give the sume lis if vou llull paid 10 cciltb for . :.. i one of your tickets we wish vou to under stru.l tliul n t any othi r firm in lie busincsaetin , com etc with us in any way whatever as this free ticket is only good for lhe holi days you must send in your orders before the 20th of january 1 *• 0 in every order amounting t over ja ne 1 c panied by tlic cash the agent may retain 2,01 , and ini ery order of over 100,$mh may bo retained to jpay tho express charges this offer is more especially to assist a gents in the western and southern states but is open to ail customers commissions agents will bo paid ten per cent in cash or merchandise whim ihey till up thtsir mine club for which holow we give a partial list on commissions : e"or an order of 930 from a club of thirty we will pay the agent ns oommisbion jh vds brown or bleached sheeting oood dress pattern wool square shawl french cassnnere pauls nnd veal i'ulteiu fine large white counlorpnue etc etc or no in cush por an order of s50 from a club of filly we will pay the agent us commission i mi sheeting one pair of heavy wool i inn ; ! itots poplin dress pnttern hiiudsomo wool pquure shawl silver-case watch etc etc or i 5,0.1 in cash tor an order of t 100 from n club of ! one lluiii ire 1 «'■will pu y the agent us onm mission lull y.ls i.l g...i.l yard-wide sheeting loin-silver limiting case watch rich long wool shawl suit of all wool froiioh cassl : more etc etc pr lo iu cash we do not employ my travelling agents and ; customers should nol pay money tu person ' purporting i bo our ageuts unless personally acquainted i send money always by register ed letters for further particulars send for catalogues fauxcer <__. co b f 100 sumner st boston muss oct i is.'.j n-iy state of north carolina i alexander county j superior court . edmund keiley administrator of alfred i.'a j vidson against ' isaac k'is*ell am wife elizabeth g w sweel an.l wife cynthin robert lowe nu.l wife susan 1 dm davidson margaret a kerlcy william davidson john p davidson dan i i s davidson llulduh davidson june david sou and william duvi ison heirs at law ol bi nj l davidson to william davidson ne of iho defendants nl ve named a non-resident yon are hereby notified lhat a summons in il above entitled cane llns issued iiguiii«l you [ ami i.e complaiiil therein was hied n the su perior cum i ol a lexandei county on lhe i7lh of aug i-i 1800 vi.u are nlso notified that the buinmons in lhe ease is returnable lu the next tern ol the i superim i ni aforesaid lo be held ui llie cuiirl house ll tayl rsville on lie vi lay of decern er next v hen and whore you are hereby required lo appear aud answer lhe .... np '. um ii default wheteol tho pluintifl will apply tu so'i court for tjiu relief demand il n the uumplaint witness 10 m 9tevenson i_l of lbs said rup m mr court al at taylorsville the 3d mon day io august i860 10 m stiovkn's'i clerk superior i:.,.,u alexander county j 41 hv m lee i"i i pnro live ami corn whiskies ! distill & in th 01.1 stylo pnro und jn adulterated at the old north state distillery 1 gr00t kuck & co prop's ill ucmfttti iy c i \ i i wanl i.i pun i 1 itlil i j 11 "" : ns ' . utile ini pay ll.e i i(|hesl . usli i'i ices ' • i i ■a !:•. g july ii 20 bin dr goddiws oompound c.kntian bitters the treat awti'i'i'tin tunic and f)i untie ! recomn ended and prescribed by physicians wherever known tin compound gentian bitters an made ofthe puresl nnd best vegetable tonics and aromatics known to ihe prolessiun they also contain twenty pi-r cent of . 1st a v 0 ll u ! y which makes them beyond all question the host diuretic iu existence ; und for dis tressed kidneys bladder and utinury organs have no superior if any equal i those who try il bitters lor tho following diseases will in every case find them a safe pleasant speedy und effectual remedy tlry are n blue preventive nnd cure for ohllls and fever nnd ull malarial di.eases i i.ysl'ki'sla indigestion 81ck stomach colic siok-headaohe bronchitis asthma c ldh ki cough neuralgia general debility diseases of kidneys gravel c and everj disease requiring u general tonic impression j-j foi diseases peouliar to females it i almost a spccille ,-#?" in convalescence from typhoid nml other low forms ol fevel it is tbe very besl tonic ihnl can be used the compound gentian bitters meet with universal favor and hnve received the strong est testimonials ever given to any medicine a lew i which wo append below this is to certify tlmt 1 have used pr g...1 din's compound gentian bitters an i cln i-itul ly reco ii.l it ns ibe very host bitters thai c-.in be used lur ordiuurv debility iek bloniach a 1 to holt m.d lipscomb o-nngn uo n c may 16 60 i hereby cerlily lhat i have been using dr goddin's compound genliun billers lor coi gh general debility i.e nnd i am fully but istied thai they an the besl billers of which i luive any knowledge and ihe best tonic ol fered to the american people k hit y slater flenrico oounty vir j.nir jo 1st i'u qoniiiht dear sir i have been suffer ing for twenty years with an ulfeution o the ! kidneys prostrate gland and stricture of lhe urethra have beeii under the treatment ol ii .■besl physicians in the couniry ol « bom . i now a prol'essoi in a irio.licnl college all faili'i 1 i nil vi me i dually tried your com i ihiund gentian bitters the effect was like a , ■•,, ., m — one bottle gave me complete relief 1 i ■. ve ii tu be llm best medicine i have evei ,,-,., i very respectfully jas a faulcon litile'.on n c jan 7ih 1860 prepared only bv dr ooddio ja.m_i.st w1qg1ks proprietary wholesale agent norfolk va iw for jale bv dr g b i'oulsoti salis bury x c y____y 40 years . neroitetiik public if othkr remedies j fail i'ok ul.onch.al a.m liver di seases read the folli wing thomas ii bainey esq , irniivllle co n <'.. sin i liiui vour i'ills tn i.e llie lioit family ui-ili u'.e i have ever used tlie haveproved very ben pli inl in my wn ruse i have heeii very much of dieted furflflcen years uud have tried every kind oi medicine t li.it i could get but have found more e ill i li in your pills l,.iu nil others my disease is bronchial affliction ami a complete prostrnt on l ll.e nervous system i have used them in ten or 111 teen eases in my family and find them to be the very ine li ine n>r dearly nil family diseases the cure is thorough kenneth llayues esq clerk ol columbns oounty court writes april 3 infill i during the latter part of the your 1863 i wus severely afflicted with iliseahodllverandiniiny nights « hllo in hod the ihiii won iii beeomoso excruciating that i was compelled to get out of bad and sit iipiunlll the pain would bub-ido i procured a few l.uxi-miif tl.ehouthi-il hbi'aticfills and in first dosel took gave mo great relief i continued to use the pills for two weeks uud have dot bull'oied from liver disease since i havo recommended tbeiu accordingly and several persotlh nre in want nfthoiu all discus in un enemy to tlio human system und is atwarwith it and will coiii|iior it unless nature with all the assistance ii can rceeivc from streugtl • ci.ing in li.iii.'k und suitable nourishments can oonriiiertlie enemy ; whi h would bo best t.i tuko medlalne befbro yon gel sick t pi event stakes or tu take modlulue aftci you get sick to ciesickiless u jr it wind in the wise i enough __£] exercise your own judgment in ll.e means of de fri.ki-i the enen y will eome he ye nl ready with tbe southern hepatic fill 77iai "/./, long known and utll hied remedy for nil bilious diseatts caused by et diseased liver to am em ki bants you are about to wake » home for yoti.selfund family ut climate which you or thev have uot been uncustomed tot you will ia ..,,. i '■-... be ." posed to all the iiihousoh pociillnr to that ullmnte you should he ciirolul to use suoh mud li'ineh as adapted i the dlscasi ■• nl that , uni.ioi vim will hud the greatotd security lu then ol lll.l ms softhkbn mlll'al'ie i'ills i he i in he sent lo ny piiinliu the united btflte by i'j.vuiuh prick poron«bl)x,_6aoi i v„t f 9.ia l'iil((lr 110 one llr 1,1 i l.t .-.- unix ♦.',!>-- r.v 11 m fir i'ln si mu i hot soeompsny t order lorlhe modi alns r ii ul lit sent o.o i or-'eri should bes.iili-i i io tl w dkemr no ts souru i'iui'.i'i srtssr ii .... v tl ml ivben they win i promptly dlltndtd t por ii uei.lelnu oull on ll rmpselubu limns'iit nui.hi iii.j on 1 ll poulson j iv 2 j'i iv bullsbury n (' j-_st«i_ii-_*ixoci laoa lepage bros & co general f-im_..-..hi fi ufljuiitu cotton a factojis commerce st jmorfolh va -..,. .' attoi ' u iiiiil tu ll.e unlo i 11 un cotton nml all other liiuds n inl nti.'v i'uulirck ; l.lhi'i'al nilviinci's ii ftinslyniuoul nil i pi , ui i rvtlll'll jul;'j:j • 1 uepobt of secretary of tiik treasury si'cre.urv houlw.ll in his annual re purl to congress treats lirst of matters of administration nod then ol measures ol public policy nud jjins u very clear and comprehensive stal i-incut of iho national : finances the following ure tlie more im . 1 porta 1 1 statements i tin revenue receipts have increased 14,410,333 lur the first five months of the present tisi_-.il year over the sumo pc j rind 1 s year the secietary is clearly ofthe opinion llnil the government ought to rely upon public officers for the proper performance of their duties without stimulating thera by uny contingent udvuntuges ilu recoiu . mends in increase ofthe salaries of cus tom-house officers iiini iin abolition ofthe i system of giving to them n share ol lines ; peunlllus and forfeitures i the lil.i'u'it.w i.ii cttkrencr the depreciation ol thn currency is due to two causes — first nn excessive issue and secondly lo the want ol fuilh in the government ; and the extent of ihe iiiflu i enco of tho first named cause cannot be j ascertained until the second is removed , substantially whenever onr credit shall | be so much improved ai homo und abroad , that holders ut run bonds nre disposed to | retain them even when llie public mind is j excited upon financial subjects we shnll be able to judge more accurately the ex tent nf the over issue of paner money ii : is nlso true thut thu quantity of currency necessary for the transaction of the bttsi ' iioss nf the coutitr ■cannot now bo fixed nee urn i idy huce the close nf the war thu ' wants ofthe si lies ot tho solilh have in creased and consequently a large amount i necessary ior the purposes uf lite south will steadily increase for tliu m-xt two years the construction ol the pacific railroad is likely to result iu ihe substitution of pa per for coin by the people on thu pacific const it is probable i hut tho demand for paper for tbat pu p ise will not be less than thirty millions ol dollars as a con , sequence a very luge quantity of coin j will he withdrawn from circulation aud ilius practically the coin will bo lucreasi tl upon the atlantic coast and the paper iu . circulation in the states easl ol ihe it icky mountains will be materially reduced — these changes will betid to diminish the difference between p ipcr and coin specie l.i bl ml'i'i'-i-v the ability of the couniry tn resume specie payments will not bu doe to any i special legislation upon thnt subject bui to the condition of its industries and to iis financial relations to other countries — i tliese of cotirbi will he more or less de j pendent upon the general policy nf i lis ; government the war exhausted the i country ol its material weal'h nud the slates of the sou ll were literally iuipov ' enslied a necessary condition fur thu i resumption of specie payments was the development ofthe industry of he naiion \ both south and not th aud the consequent ; j accumulation of the movable products ot j industry to such an extent thai our ex . | pons of those products should bo equal i substantially to our imperii so long ns . j it is necessary to pay fur merchandise iiu | ported by tlie transfer of governmenl i ! bonds or other evidences of indebtedness | i to other countries uo long il will bo im i practicable to resume alia mi'iiluiu specie j ; payments ] when the products of industry exported shall be cqiul substantially to tlic pro i ! ducts of other countries imported there will be no demand for specie for export except what nay arise from the circum stance that our bonds held abroad arc sum j home sold in our uratkets and tbo pro ceeds exported in coin when the credit of the couutiy shall be fully established in europe and there sliall be uo doubt oiih er of our ability or disposition to meet nil our obligations bonds heretofore and now to n large extent held by merchants and bankers will he triinsfened to capitalists for periniinenl iuvestment when tins change sliall have taken p'ase tbu proba bility ol our securities being sent home under the inllnnnce ol political or financial disturbances in europe will be very slight and when as n concurring fact our ex ports exclusive of public securities shall be equal to our imports specie payments may be resinned without even u teinpora ry embarrassment to the business ot the country it will no bo wise to resume specie payments while so large a part of tho in terest-bearing debt of lh couniry in rep resented by 5-80 bonds and held by ku nip im merchants bunkers and manufac turers our course it seems to ine is plain every measure of the government buariug upon tlie subject should tend to appreciate the value nf our paper currency it is probable that some decrease 111 thu volume of paper will ultimately be ;.. cessary ami i thurcforo respectfully suggest thnt the secretary nf tilt treasury bo clothed with silt hoi ily to reduce the circulation ol uni ted states notes iu au amount not exceed ing'twon millions of dollars in nny one month thus will the couniry bo brought gradually it may bo und yel w.itlu ut di saster into a condition win u tho resump tion of specie payments will bn easy if uot avoidable fundi 1'm.j five v i n i es i'm ler these clrctiin.-t me , il does nnl seem to me lo bo wise to authorize i : i fit nil in ; of iho wl ib am ml of the 11 <■• i\v lily bonds whi'.h i nth ins led will bo ou sla id g on the hi i next imt lhai 2 ." " »< least sl t jc iitfleied lu r i li.her ioi pnrcl su or redemption previous to ik i should tin sum ol s_60,000._00 bu left for that | purpose the entire public debt would be in a condition to lie easily redeemed lies i w.cii 187-1 and i ssi tliu t 11 forty bunds could be paid uud provision nlso made for lhe redenipiioii of the bonds whloh will become due in the year 1831 li may bo wise to reduce llm proposed loan to 1,000,000,000 which would then leave for payment previous to lsm the sum ol 8070.000,000 or hardly more than 00 000 000 a year assuming th.it tbe proposed loan will be for an amount not exceeding 31,200 000,000 1 i'u oinineiiil tli 1 it be offer-din three eli_sos.nl 8-100 000.000 each the first cl i-b of 100,000,000 to be paid in thirty years the ess i liul conditions of tlio new loan appear lo un to bu those : 1 tli it the principal und interest shall be in ide payable in coin 2 tlmi the bonds known ns tlio 6 20 in nd sii.ili bo received in exchange for lhe new bonds t thai the principal be payable in this country and the interest payable cither in ibe united stale or in europe as tbe subscribers to tho loan may desire 1 tlmt tho rule of interest sliall not exceed 1 1 percent per annum fi tlmt the subscribers in europe shall receive their interest at london paris ilerliu or frankfort as they muy elect li thai lhe bonds both principal and interest shall bo free from ull taxes de ductions or abatements of any sort un less it bhall be thought wise to subject cit izeusoflhe united states to such tux up on income timu ihn bonds us is imposed : by tbu laws of thu united states upon income derived from other money invesi i incuts tliero are two reasons and each seems to me t bu a controlling reason why the bonds of the united states should bn ex empt irom stato and local t.ixe.s if not so ex nipt the amount ofthe taxes impos ed i iy tbe local authorities will be ndded i to tlie interest the government will be re | quired to | ny uud thus the national g.ov j eminent will be compelled t provide for taxes imposed by the local authorities seconal inasmuch as the ability to borrow money may under seme ciroum stances bo essential to the preservation of the i lovernraent the power should not even in limes of pi uee und prosperity bo ' nu ilifi d by nny cenicessinn to the states ' of t ha right to tax thu means by which thu national government is maintained the right to use its lawful powers free ol ' any condition restriction or claim of an other is nn essential condition of sover oigitty and the national governmenl is maintained the right to use its law ful powers free of any condition restric tion or claim of another is in essential condition of sovereignty nnd the nation al lover men should never surrender or qualify iis powers in this particular banking evils there are iwo evils in tho present bank ; ing system which require remedy by i prompt and efficient legislation thu firsl is ihe practice on tho part ol banks of nl 1 lowing interest upon deposits tbo ef fect of this practice is that moneys in the bauds i.f individuals which otherwise : might be loaned lor regular mercantile aud other business purposes are diverted into ' ihe custody f banks upon bu idea that if ' lhe bi etirity is not better payment can be , obtained at a moment's notice country banks nud others remote from 1 the huge centres of trado having rceeiv ' i ed money on deposit for which thev pay ■interest ur un ious to transfer such funds • to oilier banks from which they will ro ive un equal or larger interest in re ■nun they nre stimulated also by the ' . il.sire to place their funds whore they cm j be at nil limes commanded thus infill i enci'd large sums urn placed mi deposit i with banks in the cities — especially in the ' city of new vork which is lhe great cen tre of trade und finance for the atlantic const iii thu ordinary courso of trade currency ofthe country tends rapidly in i iiie cities iin.l ii is unwise lo stimulate i ir.s tendency by artificial menus ij.it the evil docs mil uud wiih the m : poverishment of tho country as iin banks lu tho cities muy be culled upon at ' nny moment to respond to tho drafts nf ' their depositors hey decline to raako loans \ i representing such funds upon commercial j paper payable on lime but insist upon | j iiiukiug call loans us ihey nre tunned j with government bonds or oilier obliga , , lions pledged s collateral security mer 1 chants generally will nut inurow money in large sums payable on deimind the o.nscquciicu is lhai tho moneys ihus ac cumulated in the city banks arc loaned to persons engaged in speculative pursuits the extent of'lhis evil is seen ill the l,ct that of the bunk loans ill lhe elly nf new yoik iii october 1868 98,000,000 veie upon commercial paper und 08 000,000 upon dcmiuid with n pledge of collaterals and m october 1809 800 in 000 wero upon commercial paper und , 809 000,000 tt | demand in tho for mer year 1 1 per cent and in the hitter i year 37 per cent of the loans muda by lhe new i'nrlt banks were upon demand a further result is scon in tho fact that parties borrowing money upon commer cial pu ■i 1 legitiuiutu com iii pill puses pay from thioo to six per eent ad ditional interest per annum ns compared i with purei us » i . borrow money for spec ulative purpose i i hen fore im.-poi fully i . mm ml iii il n 1 iw bn p i - od prohibi ting tl n nul ' pay nu ii ■:..... i i , :, , up ;, .. p .- 1 ■anil li ii nl n ' itii.'ir lii/inn upon colhiti lis tn an umoiuil lint ex ■. ii lun pet iii ut of their capi tal 1 am satisfied also tout the practice of certifying checks even when funds nre in the bunk to ihu credit of the drawer of the check is fraught with evil and that it ought to be entirely prohibited from thr nashville banner the sou nrs power in the course of u remarkable speech by ii in murk a cooper before an immense concourse of people in the amphitheatre of the georgia mute fair at macon on tin 15ih inst hu stated that tho cotton ! crop of georgia alone to be 500 ooo bales j averaging 1110 pounds each the value ' of ibis per hundred pounds in paper cur rency ol the united states after paving | freights uud charges to liverpool from n'.'w y.irlt il sold in liverpool is 828 blk for this the new vork shipper i pays in new vork slid thus leavin ; for | liiui a balance of 2 j*<|j for his profits — a b le of 000 pounds therefore affords j linn a pp til of 14 2'2 the crop from georgia of 500,000 bales when lliiirt sold i will therefore afford to tho new york ship , pers an aggregate prolit of 7,200,000 the colton crop of the south is op posed tu in about 3,000,000 bales two million bales shipped us above and sold in liverpool afford to the new ymk ship pers ii benefit of 828,840,000 this is ! the result of one crop it is wonderful ihorefore thai with this to build on new j yoik should be a great city which ceu trulized power to make uud control the policy of a nation / again cotton in tho process of manu facturing loses 15 per cent or 15 pounds j iu each 100 equal lo let pounds per bale this amounts to 7,500 bales iu a crop of 0o0,oo0,or neatly one bale in six wliich ! if valued ut 20 cents ii bale is equal tu i 57.00,000 : the planter looses this he also loses ! the freight he pays on this waste the freight from new ymk to liver pool alone is 25 cents per 100 lbs wliich is equal per bale to 1 7.0 the freight liuiii new york to liverpool on 500,000 i bales made in georgia if shipped from new york to liverpool id 6875,000 ' the raw colton when manufactured in ! to yarns suited to the foreign markets ; diminishes the bulk 15 per cent and | therefore saves about one-sixth of this j freight which is equal to 8135,833 saved ' iu freight on waste from u crop of 000 1 000 bales tho manufacturing of the raw material at homo saves also lhe waste of 15 per cent and turns it to domestic account manufacturing al home for the foreign | markets adds two-thirds lo the value of j the bulk hence one bale of colton thus manufactured is worth ihree of the raw cotton say equal to 00 the crop of 500,000 bales manufnc turcd in georgia less fifteen per cent waste is 525,000 bales manufactured pro duels equal to 300 per bale which is equal to the aggregate sum ni 8137,500 000 this tin in stands against the sum of 850,000,000 the value of 500,000 bales sold iii tho raw stal 1 . there is therefore a balance ill favor : of the country of 887,500,000 produced by converting tho raw cotton into a man ! iiiiict.ire.l article add to this tho sum ' of s i 15 000 paid oil the waste when ship ped and saved by manufacturing nt home add also the value ofthe waste saved and used al hoine by estimate 8100,000 and : vnii havo llie sum of 87,74-0,00 made and i saved to tlie country by manufacturing the raw material hence it is perceived lh.it you return to the producers lhe value of their raw material ns in ease of bale and bhipment and nearly double ihu sum to iin ni nud their country in proceeds of sale of manufactured goods tliis comes lo them or to the state in imports or in specie being tlmt much over und above w imi is now received and that is all an ! iiinil result great and interesting as ihis'mny seem to tbu planters the results to the country financially politically and socially are grand beyond my ordinary conception — such an annual increase ol labor products sny 887,000,000 through thu agency d one commodity p'odnced by one class i 1 citigoiis ill annually increase tlio popn 1 1 0 imi and means material and money un til the wealth of the mate can only be ' told by hundreds of millions until towns and cili s shall i built where thu fores 1 now stands and until thousands of wheels shall turn by the power of water until . the planters and producers of this staple shall found and build and turn them nil ; shall grasp thereby nil ihe element nf power heretofore eiitlliiernted by which i government is forme 1 l.v w liicli laws are made anil administered by which science | | sheds its light the urls are made lo llonr ' ish lhe lilenitiiru of tho couniry is made i to adorn ii ; by which lhe freedom of con | science may bo defended j nud the moral grandeur of mun himself shall bo exhibi ted in ihu image of his milker then wu j sliall have the balance of irade ill our i.e j vor then and nol iill ihen *_*. ill capital j flow to us us a tide and immigration us a wave roll iu upon us without uu effort ou ' our part ! does any one ask where the innney is . to come from ? wo answer in thu lan guage i mr cooper from tho planters i iie south first if they please they i have the money power unless iim ■used u iniist run to wusu . i tho wi ild is a si a of glass affietion c .': os our |' ilil w nli s in i and ash -, i or i'i j kei p our fei l iron slrppi time boi'di is upon eti i nil v 1 1 re ' quires bui un instant i m iku iie passu i . ir in ihu one to lhe o'.her from tht salt lake city neu-s an extinct race uk b01tb8 ami i'll places l'xliaktli kd i.v l'l'.ui workmen are engaged in leveling a large mound on the block lying between north nnd south temple si reels and third and fourth west streets for the purpose of preparing the ground for the utah central railroad and in their labors they have exhumed many relices wliich arc interesting to urcliroologlats officer it v hampton brongh u gunny-sack fullt of bones fragments of*p6tlery flint arrow heads pieces of sulphur and u species of brick lo our ofiice this morning which had just been dug up by the men engaged in levelling the ground a long row of fireplaces were discovered yesterday ; two or three more worn found lo-dity und thu hones which he brought were those of a skeleton which was found in u sitii.ig posture with its chin resting on iis breast near ono of the fire-places the mound whicli was a very large one for this coun try seems to have been formed by the re mains of the dead ; scarcely a shovelful can be moved without disturbing bones how long a poriod bus elapsed since they were buried is ditliculi to determine but we should judge that many generations hive passed away since the formation of the mound all the small bones and sof ter portions of the large bones have disap peared and no vesiige of hair has been discovered thus far wo do not know whether the general average of the bones are of ihe si of this skeleton shown us by officer hampton ; bin we have heard of s_-ver.il bones being found at previous limes iu the digging of soil irom this mound which bore every evidence of be longing to men of larger stature lhan the present utah indians the skeleton wo saw was that of u large mail officer hump on measures six feet two uud a half inches uud the thigh bone was lar ger than his one of tlie arm hones and one of lhe leg bones boix marks of having been fractured the skull was tote ably large resembling in shape the usual in dian type and the teeth were all sound and were those of n young man curious axi beautiful cus toms wben me million priest is am r-i baptize an infant he utters the following beautiful sentiment : contrive so to live that you may depart in smiles while all around you weep the ancient egyptians nt their general festivals and parties of pleasure always bad a coffin placed on the table nt meals containing a mummy or a skeleton of painted wood whicli herodotus tells us was presented to each of the guests with this admonition : look upon ihis und enjoy yourself for such will you become when divested of your mortal garb this custom is frequently alluded to by hor nee and cultullns and petrouious tells us that at the celebrated banquet of tiiuiiil cion a silver skeleton was placed on tho 1 able to awaken iu the minds of the guests ! the remembrance of death and of deceas ' ed friends in carnzou a province to the northeast of t.irtai v the inhabitants have a custom says l.r lleylen when a stranger ol hand some shape and line features comes into their houses of killing him iu the night — not out of desire of spoil or to eat his body but ihat the coul of such a cotnc.y pei sou might remain among thera among the superstitious ofthe seneca indians was one remarkable for its singu lar beauty : when a maiden dii d ihey imprisoned a yo mg bird until it first bo i gun to try its power ol song and then loading it with messages and caresses \ lliey loosed its bonds over her grave iu j lhe;l)i lief ihat it woulij.not fold its wings • nor close iis eyes until it had gone to tlm j spirit liiiul delivered its precious burden t i ihe loved and lost i hero is a curious tradition both nf st patrick in ireland and of st columbia in ioiui that when they attempted to found : churches they wen impeded by an evi ' spirit who threw down tho walls us fast i ns ihey were built until a human victim was sacrificed und bin ied iiiiili the foiui i datlnn which being done thej stood firm it is to be feared that there is too much truth iu tliis story not of course that \ such u thing was done by cither a chris linn puti ick or columbia but by thu druids from who the story was lathered upon ihe former under each of tho 1 twelve pillars of onu of he ditiidical eir ! cn ir temples in ioua u human body v us | found to have been buried si ii.i a in n — thai sta.i8pa_.0i.bd ; us nklt which for seven yours has | waved i ) tho great satisfaction ef its many thou-nuul readers and to the great i dissatisfaction of ull sw indlers nud rascals generally is even more wido awake lhan ever it has ut an immense expense secured the services ot un eminent artist and the result is that it proposes lo olv away a splendid engraving entitle uvangellno tu every subscriber for 1 1>70 tliis supeih woik ot ait is onu ■iini one-half by itto feet lo si/.e and is equal to thu nesi £■:( engruving eve nft'.'r • ii the haulier is a bug eight-page forty column paper overflowing wiih splendid reading of nil kinds and <_ u only 75 cents a year which is verv cheap for the paper alone but the publishers prupobu giving eveiy subscibei a copy ujf iheir elegant engraving gi'nljs tbu !' ipi r und its publish ts urn reliable and it will v i.i scud lor specimen to tho stint spangled uauuer b'iusdule n ii *
Object Description
Title | The Old North State |
Masthead | The Old North State |
Date | 1869-12-17 |
Month | 12 |
Day | 17 |
Year | 1869 |
Technical Metadata | Image was scanned by OCLC at the Preservation Service Center in Bethlehem, PA. Archival image is an 8-bit greyscale tiff that was scanned from microfilm at 400 dpi. The original file size was |
Date Digital | 4/9/2009 11:12:56 AM |
Publisher | Lewis Hanes |
Place |
United States North Carolina Rowan County Salisbury |
Type | Text |
Source | Microfilm |
Digital Format | JP2 |
Project Subject | State Archives of North Carolina Historic Newspaper Archive |
Description | An archive of The Old North State a title variance of the Carolina Watchman a historic newspaper from Salisbury, North Carolina |
Rights | The SA of NC considers this item in the public domain by U.S. law but responsibility for permissions rests with researchers. |
Language | eng |
OCLC number | 601567552 |
Description
Title | The Old North State |
Masthead | The Old North State |
Date | 1869-12-17 |
Month | 12 |
Day | 17 |
Year | 1869 |
Sequence | 1 |
Page | 1 |
Technical Metadata | Image was scanned by OCLC at the Preservation Service Center in Bethlehem, PA. Archival image is an 8-bit greyscale tiff that was scanned from microfilm at 400 dpi. The original file size was 3212520 Bytes |
FileName | sacw09_050_18691217-img00001.jp2 |
Date Digital | 4/9/2009 11:12:56 AM |
Publisher | Lewis Hanes |
Place |
United States North Carolina Rowan County Salisbury |
Type | Text |
Source | Microfilm |
Digital Format | JP2 |
Project Subject | State Archives of North Carolina Historic Newspaper Archive |
Description | An archive of The Old North State a title variance of the Carolina Watchman a historic newspaper from Salisbury, North Carolina |
Rights | The SA of NC considers this item in the public domain by U.S. law but responsibility for permissions rests with researchers. |
Language | eng |
FullText | 1^0 1 i ll <•__«** vol iv salisbury iv c dec 17 1869 no 50 a:ijc(olb_vortl state itiiusiikil wkiim.v nv xj ____ 7v i ssi xx ____. 1st 33 __» editor and proprietor ii ttbft ol mill hut i-i u payable in udviiuce hix month ., " " i i 1 ' a copies to one ml dress i'.'.'.n 10 copies to one address 20,00 hat . oj advertitinq one square brst insertion 1 for each additional insertint 50 s iul milieus will bu charged ."><. per cent higher thiin the above rules cottrl and justice's orders will be publish ed ni thu same rates with other advertise , incuts obitunry noticed over six lines charged m advertisements ( ontract rates ii c h h " ~ % ' | ? h _ ___ i '* : _? space i g k i 5 •• . f ! i 1 square < 3 50 i 75 ifsoo 8 50 1300 8 squares 4 50 i i 8 50il!l00 i squares h 00 hoi i _' 00 20 00 j 311.00 4 squares s nil 1 1 in 15 00 25 00 i7..".r dearly nil family diseases the cure is thorough kenneth llayues esq clerk ol columbns oounty court writes april 3 infill i during the latter part of the your 1863 i wus severely afflicted with iliseahodllverandiniiny nights « hllo in hod the ihiii won iii beeomoso excruciating that i was compelled to get out of bad and sit iipiunlll the pain would bub-ido i procured a few l.uxi-miif tl.ehouthi-il hbi'aticfills and in first dosel took gave mo great relief i continued to use the pills for two weeks uud have dot bull'oied from liver disease since i havo recommended tbeiu accordingly and several persotlh nre in want nfthoiu all discus in un enemy to tlio human system und is atwarwith it and will coiii|iior it unless nature with all the assistance ii can rceeivc from streugtl • ci.ing in li.iii.'k und suitable nourishments can oonriiiertlie enemy ; whi h would bo best t.i tuko medlalne befbro yon gel sick t pi event stakes or tu take modlulue aftci you get sick to ciesickiless u jr it wind in the wise i enough __£] exercise your own judgment in ll.e means of de fri.ki-i the enen y will eome he ye nl ready with tbe southern hepatic fill 77iai "/./, long known and utll hied remedy for nil bilious diseatts caused by et diseased liver to am em ki bants you are about to wake » home for yoti.selfund family ut climate which you or thev have uot been uncustomed tot you will ia ..,,. i '■-... be ." posed to all the iiihousoh pociillnr to that ullmnte you should he ciirolul to use suoh mud li'ineh as adapted i the dlscasi ■• nl that , uni.ioi vim will hud the greatotd security lu then ol lll.l ms softhkbn mlll'al'ie i'ills i he i in he sent lo ny piiinliu the united btflte by i'j.vuiuh prick poron«bl)x,_6aoi i v„t f 9.ia l'iil((lr 110 one llr 1,1 i l.t .-.- unix ♦.',!>-- r.v 11 m fir i'ln si mu i hot soeompsny t order lorlhe modi alns r ii ul lit sent o.o i or-'eri should bes.iili-i i io tl w dkemr no ts souru i'iui'.i'i srtssr ii .... v tl ml ivben they win i promptly dlltndtd t por ii uei.lelnu oull on ll rmpselubu limns'iit nui.hi iii.j on 1 ll poulson j iv 2 j'i iv bullsbury n (' j-_st«i_ii-_*ixoci laoa lepage bros & co general f-im_..-..hi fi ufljuiitu cotton a factojis commerce st jmorfolh va -..,. .' attoi ' u iiiiil tu ll.e unlo i 11 un cotton nml all other liiuds n inl nti.'v i'uulirck ; l.lhi'i'al nilviinci's ii ftinslyniuoul nil i pi , ui i rvtlll'll jul;'j:j • 1 uepobt of secretary of tiik treasury si'cre.urv houlw.ll in his annual re purl to congress treats lirst of matters of administration nod then ol measures ol public policy nud jjins u very clear and comprehensive stal i-incut of iho national : finances the following ure tlie more im . 1 porta 1 1 statements i tin revenue receipts have increased 14,410,333 lur the first five months of the present tisi_-.il year over the sumo pc j rind 1 s year the secietary is clearly ofthe opinion llnil the government ought to rely upon public officers for the proper performance of their duties without stimulating thera by uny contingent udvuntuges ilu recoiu . mends in increase ofthe salaries of cus tom-house officers iiini iin abolition ofthe i system of giving to them n share ol lines ; peunlllus and forfeitures i the lil.i'u'it.w i.ii cttkrencr the depreciation ol thn currency is due to two causes — first nn excessive issue and secondly lo the want ol fuilh in the government ; and the extent of ihe iiiflu i enco of tho first named cause cannot be j ascertained until the second is removed , substantially whenever onr credit shall | be so much improved ai homo und abroad , that holders ut run bonds nre disposed to | retain them even when llie public mind is j excited upon financial subjects we shnll be able to judge more accurately the ex tent nf the over issue of paner money ii : is nlso true thut thu quantity of currency necessary for the transaction of the bttsi ' iioss nf the coutitr ■cannot now bo fixed nee urn i idy huce the close nf the war thu ' wants ofthe si lies ot tho solilh have in creased and consequently a large amount i necessary ior the purposes uf lite south will steadily increase for tliu m-xt two years the construction ol the pacific railroad is likely to result iu ihe substitution of pa per for coin by the people on thu pacific const it is probable i hut tho demand for paper for tbat pu p ise will not be less than thirty millions ol dollars as a con , sequence a very luge quantity of coin j will he withdrawn from circulation aud ilius practically the coin will bo lucreasi tl upon the atlantic coast and the paper iu . circulation in the states easl ol ihe it icky mountains will be materially reduced — these changes will betid to diminish the difference between p ipcr and coin specie l.i bl ml'i'i'-i-v the ability of the couniry tn resume specie payments will not bu doe to any i special legislation upon thnt subject bui to the condition of its industries and to iis financial relations to other countries — i tliese of cotirbi will he more or less de j pendent upon the general policy nf i lis ; government the war exhausted the i country ol its material weal'h nud the slates of the sou ll were literally iuipov ' enslied a necessary condition fur thu i resumption of specie payments was the development ofthe industry of he naiion \ both south and not th aud the consequent ; j accumulation of the movable products ot j industry to such an extent thai our ex . | pons of those products should bo equal i substantially to our imperii so long ns . j it is necessary to pay fur merchandise iiu | ported by tlie transfer of governmenl i ! bonds or other evidences of indebtedness | i to other countries uo long il will bo im i practicable to resume alia mi'iiluiu specie j ; payments ] when the products of industry exported shall be cqiul substantially to tlic pro i ! ducts of other countries imported there will be no demand for specie for export except what nay arise from the circum stance that our bonds held abroad arc sum j home sold in our uratkets and tbo pro ceeds exported in coin when the credit of the couutiy shall be fully established in europe and there sliall be uo doubt oiih er of our ability or disposition to meet nil our obligations bonds heretofore and now to n large extent held by merchants and bankers will he triinsfened to capitalists for periniinenl iuvestment when tins change sliall have taken p'ase tbu proba bility ol our securities being sent home under the inllnnnce ol political or financial disturbances in europe will be very slight and when as n concurring fact our ex ports exclusive of public securities shall be equal to our imports specie payments may be resinned without even u teinpora ry embarrassment to the business ot the country it will no bo wise to resume specie payments while so large a part of tho in terest-bearing debt of lh couniry in rep resented by 5-80 bonds and held by ku nip im merchants bunkers and manufac turers our course it seems to ine is plain every measure of the government buariug upon tlie subject should tend to appreciate the value nf our paper currency it is probable that some decrease 111 thu volume of paper will ultimately be ;.. cessary ami i thurcforo respectfully suggest thnt the secretary nf tilt treasury bo clothed with silt hoi ily to reduce the circulation ol uni ted states notes iu au amount not exceed ing'twon millions of dollars in nny one month thus will the couniry bo brought gradually it may bo und yel w.itlu ut di saster into a condition win u tho resump tion of specie payments will bn easy if uot avoidable fundi 1'm.j five v i n i es i'm ler these clrctiin.-t me , il does nnl seem to me lo bo wise to authorize i : i fit nil in ; of iho wl ib am ml of the 11 <■• i\v lily bonds whi'.h i nth ins led will bo ou sla id g on the hi i next imt lhai 2 ." " »< least sl t jc iitfleied lu r i li.her ioi pnrcl su or redemption previous to ik i should tin sum ol s_60,000._00 bu left for that | purpose the entire public debt would be in a condition to lie easily redeemed lies i w.cii 187-1 and i ssi tliu t 11 forty bunds could be paid uud provision nlso made for lhe redenipiioii of the bonds whloh will become due in the year 1831 li may bo wise to reduce llm proposed loan to 1,000,000,000 which would then leave for payment previous to lsm the sum ol 8070.000,000 or hardly more than 00 000 000 a year assuming th.it tbe proposed loan will be for an amount not exceeding 31,200 000,000 1 i'u oinineiiil tli 1 it be offer-din three eli_sos.nl 8-100 000.000 each the first cl i-b of 100,000,000 to be paid in thirty years the ess i liul conditions of tlio new loan appear lo un to bu those : 1 tli it the principal und interest shall be in ide payable in coin 2 tlmi the bonds known ns tlio 6 20 in nd sii.ili bo received in exchange for lhe new bonds t thai the principal be payable in this country and the interest payable cither in ibe united stale or in europe as tbe subscribers to tho loan may desire 1 tlmt tho rule of interest sliall not exceed 1 1 percent per annum fi tlmt the subscribers in europe shall receive their interest at london paris ilerliu or frankfort as they muy elect li thai lhe bonds both principal and interest shall bo free from ull taxes de ductions or abatements of any sort un less it bhall be thought wise to subject cit izeusoflhe united states to such tux up on income timu ihn bonds us is imposed : by tbu laws of thu united states upon income derived from other money invesi i incuts tliero are two reasons and each seems to me t bu a controlling reason why the bonds of the united states should bn ex empt irom stato and local t.ixe.s if not so ex nipt the amount ofthe taxes impos ed i iy tbe local authorities will be ndded i to tlie interest the government will be re | quired to | ny uud thus the national g.ov j eminent will be compelled t provide for taxes imposed by the local authorities seconal inasmuch as the ability to borrow money may under seme ciroum stances bo essential to the preservation of the i lovernraent the power should not even in limes of pi uee und prosperity bo ' nu ilifi d by nny cenicessinn to the states ' of t ha right to tax thu means by which thu national government is maintained the right to use its lawful powers free ol ' any condition restriction or claim of an other is nn essential condition of sover oigitty and the national governmenl is maintained the right to use its law ful powers free of any condition restric tion or claim of another is in essential condition of sovereignty nnd the nation al lover men should never surrender or qualify iis powers in this particular banking evils there are iwo evils in tho present bank ; ing system which require remedy by i prompt and efficient legislation thu firsl is ihe practice on tho part ol banks of nl 1 lowing interest upon deposits tbo ef fect of this practice is that moneys in the bauds i.f individuals which otherwise : might be loaned lor regular mercantile aud other business purposes are diverted into ' ihe custody f banks upon bu idea that if ' lhe bi etirity is not better payment can be , obtained at a moment's notice country banks nud others remote from 1 the huge centres of trado having rceeiv ' i ed money on deposit for which thev pay ■interest ur un ious to transfer such funds • to oilier banks from which they will ro ive un equal or larger interest in re ■nun they nre stimulated also by the ' . il.sire to place their funds whore they cm j be at nil limes commanded thus infill i enci'd large sums urn placed mi deposit i with banks in the cities — especially in the ' city of new vork which is lhe great cen tre of trade und finance for the atlantic const iii thu ordinary courso of trade currency ofthe country tends rapidly in i iiie cities iin.l ii is unwise lo stimulate i ir.s tendency by artificial menus ij.it the evil docs mil uud wiih the m : poverishment of tho country as iin banks lu tho cities muy be culled upon at ' nny moment to respond to tho drafts nf ' their depositors hey decline to raako loans \ i representing such funds upon commercial j paper payable on lime but insist upon | j iiiukiug call loans us ihey nre tunned j with government bonds or oilier obliga , , lions pledged s collateral security mer 1 chants generally will nut inurow money in large sums payable on deimind the o.nscquciicu is lhai tho moneys ihus ac cumulated in the city banks arc loaned to persons engaged in speculative pursuits the extent of'lhis evil is seen ill the l,ct that of the bunk loans ill lhe elly nf new yoik iii october 1868 98,000,000 veie upon commercial paper und 08 000,000 upon dcmiuid with n pledge of collaterals and m october 1809 800 in 000 wero upon commercial paper und , 809 000,000 tt | demand in tho for mer year 1 1 per cent and in the hitter i year 37 per cent of the loans muda by lhe new i'nrlt banks were upon demand a further result is scon in tho fact that parties borrowing money upon commer cial pu ■i 1 legitiuiutu com iii pill puses pay from thioo to six per eent ad ditional interest per annum ns compared i with purei us » i . borrow money for spec ulative purpose i i hen fore im.-poi fully i . mm ml iii il n 1 iw bn p i - od prohibi ting tl n nul ' pay nu ii ■:..... i i , :, , up ;, .. p .- 1 ■anil li ii nl n ' itii.'ir lii/inn upon colhiti lis tn an umoiuil lint ex ■. ii lun pet iii ut of their capi tal 1 am satisfied also tout the practice of certifying checks even when funds nre in the bunk to ihu credit of the drawer of the check is fraught with evil and that it ought to be entirely prohibited from thr nashville banner the sou nrs power in the course of u remarkable speech by ii in murk a cooper before an immense concourse of people in the amphitheatre of the georgia mute fair at macon on tin 15ih inst hu stated that tho cotton ! crop of georgia alone to be 500 ooo bales j averaging 1110 pounds each the value ' of ibis per hundred pounds in paper cur rency ol the united states after paving | freights uud charges to liverpool from n'.'w y.irlt il sold in liverpool is 828 blk for this the new vork shipper i pays in new vork slid thus leavin ; for | liiui a balance of 2 j*<|j for his profits — a b le of 000 pounds therefore affords j linn a pp til of 14 2'2 the crop from georgia of 500,000 bales when lliiirt sold i will therefore afford to tho new york ship , pers an aggregate prolit of 7,200,000 the colton crop of the south is op posed tu in about 3,000,000 bales two million bales shipped us above and sold in liverpool afford to the new ymk ship pers ii benefit of 828,840,000 this is ! the result of one crop it is wonderful ihorefore thai with this to build on new j yoik should be a great city which ceu trulized power to make uud control the policy of a nation / again cotton in tho process of manu facturing loses 15 per cent or 15 pounds j iu each 100 equal lo let pounds per bale this amounts to 7,500 bales iu a crop of 0o0,oo0,or neatly one bale in six wliich ! if valued ut 20 cents ii bale is equal tu i 57.00,000 : the planter looses this he also loses ! the freight he pays on this waste the freight from new ymk to liver pool alone is 25 cents per 100 lbs wliich is equal per bale to 1 7.0 the freight liuiii new york to liverpool on 500,000 i bales made in georgia if shipped from new york to liverpool id 6875,000 ' the raw colton when manufactured in ! to yarns suited to the foreign markets ; diminishes the bulk 15 per cent and | therefore saves about one-sixth of this j freight which is equal to 8135,833 saved ' iu freight on waste from u crop of 000 1 000 bales tho manufacturing of the raw material at homo saves also lhe waste of 15 per cent and turns it to domestic account manufacturing al home for the foreign | markets adds two-thirds lo the value of j the bulk hence one bale of colton thus manufactured is worth ihree of the raw cotton say equal to 00 the crop of 500,000 bales manufnc turcd in georgia less fifteen per cent waste is 525,000 bales manufactured pro duels equal to 300 per bale which is equal to the aggregate sum ni 8137,500 000 this tin in stands against the sum of 850,000,000 the value of 500,000 bales sold iii tho raw stal 1 . there is therefore a balance ill favor : of the country of 887,500,000 produced by converting tho raw cotton into a man ! iiiiict.ire.l article add to this tho sum ' of s i 15 000 paid oil the waste when ship ped and saved by manufacturing nt home add also the value ofthe waste saved and used al hoine by estimate 8100,000 and : vnii havo llie sum of 87,74-0,00 made and i saved to tlie country by manufacturing the raw material hence it is perceived lh.it you return to the producers lhe value of their raw material ns in ease of bale and bhipment and nearly double ihu sum to iin ni nud their country in proceeds of sale of manufactured goods tliis comes lo them or to the state in imports or in specie being tlmt much over und above w imi is now received and that is all an ! iiinil result great and interesting as ihis'mny seem to tbu planters the results to the country financially politically and socially are grand beyond my ordinary conception — such an annual increase ol labor products sny 887,000,000 through thu agency d one commodity p'odnced by one class i 1 citigoiis ill annually increase tlio popn 1 1 0 imi and means material and money un til the wealth of the mate can only be ' told by hundreds of millions until towns and cili s shall i built where thu fores 1 now stands and until thousands of wheels shall turn by the power of water until . the planters and producers of this staple shall found and build and turn them nil ; shall grasp thereby nil ihe element nf power heretofore eiitlliiernted by which i government is forme 1 l.v w liicli laws are made anil administered by which science | | sheds its light the urls are made lo llonr ' ish lhe lilenitiiru of tho couniry is made i to adorn ii ; by which lhe freedom of con | science may bo defended j nud the moral grandeur of mun himself shall bo exhibi ted in ihu image of his milker then wu j sliall have the balance of irade ill our i.e j vor then and nol iill ihen *_*. ill capital j flow to us us a tide and immigration us a wave roll iu upon us without uu effort ou ' our part ! does any one ask where the innney is . to come from ? wo answer in thu lan guage i mr cooper from tho planters i iie south first if they please they i have the money power unless iim ■used u iniist run to wusu . i tho wi ild is a si a of glass affietion c .': os our |' ilil w nli s in i and ash -, i or i'i j kei p our fei l iron slrppi time boi'di is upon eti i nil v 1 1 re ' quires bui un instant i m iku iie passu i . ir in ihu one to lhe o'.her from tht salt lake city neu-s an extinct race uk b01tb8 ami i'll places l'xliaktli kd i.v l'l'.ui workmen are engaged in leveling a large mound on the block lying between north nnd south temple si reels and third and fourth west streets for the purpose of preparing the ground for the utah central railroad and in their labors they have exhumed many relices wliich arc interesting to urcliroologlats officer it v hampton brongh u gunny-sack fullt of bones fragments of*p6tlery flint arrow heads pieces of sulphur and u species of brick lo our ofiice this morning which had just been dug up by the men engaged in levelling the ground a long row of fireplaces were discovered yesterday ; two or three more worn found lo-dity und thu hones which he brought were those of a skeleton which was found in u sitii.ig posture with its chin resting on iis breast near ono of the fire-places the mound whicli was a very large one for this coun try seems to have been formed by the re mains of the dead ; scarcely a shovelful can be moved without disturbing bones how long a poriod bus elapsed since they were buried is ditliculi to determine but we should judge that many generations hive passed away since the formation of the mound all the small bones and sof ter portions of the large bones have disap peared and no vesiige of hair has been discovered thus far wo do not know whether the general average of the bones are of ihe si of this skeleton shown us by officer hampton ; bin we have heard of s_-ver.il bones being found at previous limes iu the digging of soil irom this mound which bore every evidence of be longing to men of larger stature lhan the present utah indians the skeleton wo saw was that of u large mail officer hump on measures six feet two uud a half inches uud the thigh bone was lar ger than his one of tlie arm hones and one of lhe leg bones boix marks of having been fractured the skull was tote ably large resembling in shape the usual in dian type and the teeth were all sound and were those of n young man curious axi beautiful cus toms wben me million priest is am r-i baptize an infant he utters the following beautiful sentiment : contrive so to live that you may depart in smiles while all around you weep the ancient egyptians nt their general festivals and parties of pleasure always bad a coffin placed on the table nt meals containing a mummy or a skeleton of painted wood whicli herodotus tells us was presented to each of the guests with this admonition : look upon ihis und enjoy yourself for such will you become when divested of your mortal garb this custom is frequently alluded to by hor nee and cultullns and petrouious tells us that at the celebrated banquet of tiiuiiil cion a silver skeleton was placed on tho 1 able to awaken iu the minds of the guests ! the remembrance of death and of deceas ' ed friends in carnzou a province to the northeast of t.irtai v the inhabitants have a custom says l.r lleylen when a stranger ol hand some shape and line features comes into their houses of killing him iu the night — not out of desire of spoil or to eat his body but ihat the coul of such a cotnc.y pei sou might remain among thera among the superstitious ofthe seneca indians was one remarkable for its singu lar beauty : when a maiden dii d ihey imprisoned a yo mg bird until it first bo i gun to try its power ol song and then loading it with messages and caresses \ lliey loosed its bonds over her grave iu j lhe;l)i lief ihat it woulij.not fold its wings • nor close iis eyes until it had gone to tlm j spirit liiiul delivered its precious burden t i ihe loved and lost i hero is a curious tradition both nf st patrick in ireland and of st columbia in ioiui that when they attempted to found : churches they wen impeded by an evi ' spirit who threw down tho walls us fast i ns ihey were built until a human victim was sacrificed und bin ied iiiiili the foiui i datlnn which being done thej stood firm it is to be feared that there is too much truth iu tliis story not of course that \ such u thing was done by cither a chris linn puti ick or columbia but by thu druids from who the story was lathered upon ihe former under each of tho 1 twelve pillars of onu of he ditiidical eir ! cn ir temples in ioua u human body v us | found to have been buried si ii.i a in n — thai sta.i8pa_.0i.bd ; us nklt which for seven yours has | waved i ) tho great satisfaction ef its many thou-nuul readers and to the great i dissatisfaction of ull sw indlers nud rascals generally is even more wido awake lhan ever it has ut an immense expense secured the services ot un eminent artist and the result is that it proposes lo olv away a splendid engraving entitle uvangellno tu every subscriber for 1 1>70 tliis supeih woik ot ait is onu ■iini one-half by itto feet lo si/.e and is equal to thu nesi £■:( engruving eve nft'.'r • ii the haulier is a bug eight-page forty column paper overflowing wiih splendid reading of nil kinds and <_ u only 75 cents a year which is verv cheap for the paper alone but the publishers prupobu giving eveiy subscibei a copy ujf iheir elegant engraving gi'nljs tbu !' ipi r und its publish ts urn reliable and it will v i.i scud lor specimen to tho stint spangled uauuer b'iusdule n ii * |