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Columbia ERALD. JLJL VOL. XL1V. COLUMBIA, TENNESSEE, FRIDAY, MARCH 31, 1899. NO. 13 HE NEWS AND COMMENT. Tub Fiot Tennessee Regiment in located at Iloilo, and did not take part in the fighting in the Philip pines the past week. President McKinley and party bade good-bye to Thomasville, Oa., laet Monday and arrived in Wash ington Tuesday evening. V. M. Di'NCAN, one of the most enterprising and progressive men in Nashville, and founder of the Dun can Hotel, died last Friday morning. The Cast Iron Pipf Trust, with a capitalization of $30,000,000, and the Sewer Pipe Trust, with a capitaliza tion of $10,000,000, have been organ ized. Ma j. Ge.v. Otis reports that he has purchased the thirteen gunboats owned by Spain hi Philippine wat ers. Half are in serviceable condi tion. Gov. Roosevelt was before the Beef Court of Inquiry at New York last Saturday. He said that the can ned roast beef furnished the troops was utterly unfit and unwholesome and made the men sick who ate it. Congress Lewis of Washington, In an interview last Monday, says he believes the Republicans will put up McKinley and Roosevelt for the next campaign, and the Democratic ticket, he thinks, will read "Bryan and Schley." . Plans for the organization of the American Independent Telephone Company of New Jersey, capital $7,000,000, were completed in Chicago Saturday. Eighty-flve per ceut. of the total output of inde pendent apparatus as represented in the combine, will fight the Bell Company. Mr. W. H. "Coin" Harvey has resigned as General Manager of the Ways and Means Committee of the Democratic National Committee, and Mr. Sam B. Cook, of Missouri, has been appointed in his place. Mr Cook has been in practical charge of the office for some time, while Mr. Harvey lias been in the field A bill is now pending in the Leg islature to change the boundary line between Obion and Lake counties, the indirect object of which, it is said, is to have Reelfoot Lake drain ed. If the bill should become a law and the lake drained, tens of thou sands of acres of the richest land in the world will be redeemed and one or tne nnest fishing and hunting re sorts in the country destroyed. The discovery has just been brought to the attention of officials of the navy department, and has aroused considerable gossip, especi ally among the friends of Rear Ad miral Sampon and Rear Admiral Schley that Congress, just before its adjournment, gave President Mac Kinley authority to appoint two Admirals of the navy instead of limiting the grade to one, by doing the same thing twice. It is safe to say, however, that Dewey will be tli6 only one to wear a full Admiral's uniform for the present at least. A Committee from the Cuban As sembly reached Washington last Tuesday. Their mission is to se cure from this Government a larger appropriation than $3,000,000 for dis tribution among the Cuban troops. While they do not reject the $3,000, 000, they desire at least $10,000,000 and as much more as can be ob tained. They argue that if the Cu ban army is disbanded after the dis tribution of but $3,000,000, which would give to each enlisted man about $08, money so obtained would be barely sufficient for them to pro cure clothes and return to their homes, leaving them no margin upon which to enter upon the peace ful pursuits of life. The belief is expressed at the War Department that the Filipinos are manufacturing the ammunition that is being used with such reck lessness. When Maj. Gen. Greene was in tiie Philippines he went to the Filipino camps and remained some time among them. His report to the President shows that the Fili pinos obtained quite a large supply of arms and anmiuniton when Dew ey captured Cavite, and that they had heretofore obtained a supply of R-mingtons auJ Mausers. Gen. Greene als. found that the Filipino had established a factory for the manufacture .if ammunition for these rifles, and. this factory proba bly is Mill in operation and furnish 1:14 a sufficient supply to the insurg- AN ARGUMENT OF THE QUESTION. More Money of Ultimate Redemption is Needed. THE CREDIT STUENTIlKXIXd ACT Advanced the Price of Bond From 83 Cent to 1.0,1, Making an Enormous Profit for the Bondholder, at the Kx peime of the Tax-Faying- People. Ana ThU wan Followed by the Infamous Ai t of 187.1. Chicago. Ills.. March 27. Edi tor Columbia Herald'. Ex-Judge S. P. McConnell, recently addressed the Monticello Club, of this city, on the subject of the proper ratio for practical bimetallism, and I heard him say that he feared the conse quences of opening the mints to sil ver, at the present legal ratio, as the bullion value or silver is only 32 to as to taking the choice between robbing the rich or still further pau perizing the poor, he preferred to rob the rich, but he thought it would be more equitable to com promise on a medium point be tween the present bullion and coinage rotio of the two metals. In my opinion there is a conclu sive answer, basd on existing facts, to this view. To re establish bimet allism, as it existed previous to 1873, is not robbing the rich. It is mere ly arresting the confiscation and ex ploitatton that have been going o in this country for nearly thirty years, we do not propose to tatto from the bondhoidiug classes and tue money power any of the billions of dollars that have been heaped into t heir cotters since they began to manipulate legislation to their benefit and to the detriment of th producers of wealth. Between 1862 and 18G8 the United States issued in round numbers $2,800,000,000 in bonds which were sold for 67 cents on the dollar. These bonds were bought and paid for in lawful money of the United States, which was paper The principal of the bonds was pay able in lawful money of th6 United States and the interest was payable in "coin." I-i 1869, Shylock hung three brass balls at the city of Washington and began operations At a time when all absorbingques tions that grew out of the civil war were occupying the minds of the people and the financial policy was giving them little concern, Shylock became apprehensive of the credit of the country, although it was then better than it had been since the civil war. While he did not make as much fuss about it then as he does now lie suffered great agony and in 1871 persuaded Congress to pass the Credit Strengthening Act, a law that was not agitated or dis cussed among the people and never came before them as an issue. By the credit strengthening act the principal of this enormous bonded indebtedness, reaching nearly three billions of dollars, became payable in "coin" iustead of lawful money of the United States; in less than thirty days after the passage of this act the price of the bonds advanced from 85 cents to $1.05; an enormous tribute levied upon the people with out any compensation, except a small reduction of interest which would furnish their apologists with a thread from which to weave eulo gies on our magnanimous national creditors. It would seem that ordi nary greed would have allowed its victims a reasonable time in which to recuperate, but not so in this case. This "coin" was silver and gold at the ratio of 16 to 1, in which the bonds were now payable. As soon a the credit strengthening act was passed and the Secretary of the Treasury had told the people what a fine bargain he had made with the national creditors, Shylock again setup his contribution box, in a quiet way, in the halls of Congress and requested two for one, in this wise. There were two medals that furnished the money in which these coin bonds were payable. The bondholders conspired to prevent one of these metals from being man ufactured into money and thus have the coin money supply depend solely upon the other metal so that in time the coin money of the same denomi nation would buy twice as much. In 1873, by ways that are dark, they actually succeeded in engrafting upon our statutes a law that shut off one of our supplies of money in which we agreed to pay them, and their expectations have been fully realized. We have had to pay the number of dollars, just the same as we premised, but these dollars would purchase twice as much as the dol lars we received. Now, when we suggest reinstating the demand for silver, by opening the mints to it, we are told that we would be rob bing someone of Ids just dues. When they are shown the very opposite to be the case they then say that so much time has elapsed since Shy lock doubled his money in 1S73 that we could not now maiutiin any such ratio. Th real fact is that we need more money of ultimata redemption than both silver and gold would furnish at the ratio of 18 to 1. The demand for silver and gold as moneys of ultimate redemption is much greater than the supply has ever been or probably ever will be. The money supply oi the world to day of both gold and silver K in round number. $S,mk).uVXi, divid ed about equally between the two Hiatal, at the ratio of W ti 1. The dan md for tth metals in the arts is very lare aud is increasing with population and business. The year ly addition to the money supply or the two metils is Inconsiderable. We have in this country about $1,- 800,000,000 of money including all kinds. The banks of this country have on deposit $5,500,000 0J0. The loans of the banks amount to $4,000,- 000,000. The banks have on de posit, $3 700,000,000 more than the entire amount of money in the coun try and the amount in the banks consist of bank credits. Upon this bank credit the people have to pay interest. The difference between credits and the actual amount of money in the country is the addi tional amount of money the people of this country need as a medium of exchange with which to do business. They are now pavingthe banks $250 -000,000 annually in Interestto furnish them credit with which to do busi ness. While it is the function and duty of the government to manu facture 3-3 enough money needed by its people as a medium of ex change, it is now only supplylug the amount used and required. The money supplied by the Government is non-interest oearing, while the credit supplied by the banks is in terest bearing. There are, in round numbers, 1,- 200,000 Arms and individuals doing business in the United States. This does not include professional men. The amount of investment, in busi ness, by each concern ranges from a few dollars up to millions. A con servative estimate, acquiesced in by eminent students of this branch of political economy, places the aver age amount needed by each business institution at $4,000. This amount, multiplied by the number of firms leaves a product of $4,800,000,000, an amount nearly equal to the combin ed currency aud bank credit of the country. Therefore the most accu rate calculation we can make, based upon exisiting facts aud conditions, discovers a deficiency of over $3, 000.000.000 needed to transact the business of the people of the United States. The bank credit system has been fastened upon other civilized and commercial countries in about the same proportion. The earth, up to the present time, has yielded only $3,000,000,000 of silver money, and it is not a rash assertion to make that, if we had on hand now all the silver that will be produced in the next half century, the de mand would be greater than the supply with the mints open to botli metals alike, at the ratio of 16 to 1. Most of the bankers are in favor of the single gold standard and bank credits and against bimetallism and non interest bearing money. The reasons are plain. "The monopoly of money gives them great pecu niary profit" as W. J. Bryan has most truly said. They can afford to employ the metropolitan press to befog the minds of the people with articles on "National Honor," "Cheap Money," "Silver is Dead" etc. They can afford liberal contri butions to a presidential campaign fund to elect a man who will pledge himself to the maintenance and pre servation of the bank credit system ; and whose representatives in Con gress, as did the laet House Com mittee, vote for a "Currency Reform Bill," which provides for funding all the greenbacks and other gov ernment circulating notes on which the people save the interest, into in terest bearing bonds, the banks to hold them and draw the interest, giviDg their notes without interest for them, the people to be taxed to pay this interest. In addition, the banks to have the exclusive right to furnish all the paper money of the country, now and hereafter, this pa per money to be their notes without interest, for other notes drawiug in terest and well secured, restrict and expanding this paper money as deemed most profitable. And this Republican crime is likely to be come a law at the next session of Congress. Gretts. "SILVER, DICK" BLAND Writes To a Kentucky Paper ills Ideas of the Issues In 1900. Hartford Herald. Anxious to know the opinion of Ohio county's favored son in Con gress, Hon. Kicnard rarks Bland, upon the current issues of the day and the prospects of Democracy in particular, we wrote to him, with the request that he enlighten us and the readers ot the Herald through its columns. The following is his reply: "House of Representatives U. 8 Washington, D. C, March 10. 1899. lleber Matthews, Editor Hartford Herald. My Dear Sir: The issue in 1900 will be the money question Tne Democratic party will, no doubt, renominate Mr. Bryan and readopt the Chicago platform, especially that part that lavors the free coin age of silver at the ratio of 16 to 1 of gold. When this platform is an nouueed it will make a sharp issue that will overthrow all others. There is a greater necessity for a broader basis of money now than there has been heretofore. Our national debt has been largely increased by the issuing of bonds by Clevelaud and McKinley. Our taxing system has become very euormous, and extrav agances of the Republican party in appropriating money require fm mense exactnns from the people in the way of taxes. If the McKinley programme of colonization and the ruling of colonies by the military is to be carried out, the burdens that will be heaped upon the people will require an immense expenditure of money. The policy of the Republi can party is enormous taxation and at th same time contraction of the currency. " 1 he people demand more money and less taxation, aud this. In my opinion, will be the winning cry in 1 .). Yours truly, R. P. Bland. COURTS TO BE ABOLISHED. The Committee on Judicial Reform REPORTS TO THE LEGISLATURE, Recommending That a Number of Judge and A ttorney-GeneHl be Dropped Judge Grlgby, of the Nineteenth Cir cuit, Among the Number-Kill Intro duced Redisricting the Whole State. Nashville, Tenn., March 24 Judicial reform In Tennessee is to be accomplished through the means of single-shot bills, despite efforts of office-holders who are opposed to this reform. The second Chancery Court of Shelby county has been abolished, and the Senate to-day passed hills abolishing the Criminal Court of the eleventh circuit (Tay lor's) and the Criminal Court of Knox and Sevier counties. The house later passed the Knox court bill as it came from tne senate. The judicial reform committee to day in troduced a number of bills in both houses. One bill is to abolish the nineteenth judicial circuit, composed of the counties of Hickman, Dick son, Cheatham and Wilson, and presided over by Judge Grigsby. Another bill Is to abolish the Crimi nal Court of Montgomery county, and provides that the act shall take effect thirty days after final ad journment of the preseDt general assembly. Judge Tyler presides over this court, the State paying $1,250 and Montgomery county the same amount of the judge's salary Another bill is to abolish the third judicial circuit, composed of Blount, Loudon, Roane, Morgan, Fentress and Scott counties, presided over by Judge S. A. Rogers of Loudon county. Another bill is to abolish the twelfth chancery division, com posed of Sullivan, Hawkins, Ham blen, Grainger, Claiborne and Han cock counties, H. G. Kyle being the chancellor. Another bill introduced by the committee provides for the abolish ment of the omces ot attorney general and assistant attorney- general from Kuox county, E. T MynattandR. A. Mynatt holding the positions; attorney-general of the third judicial circuit, F. D Owens; attorney-general of Mont gomery county, Thomas F. Martin; attorney-general of the nineteenth judicial circuit, Blake Leech. A bill was passed in the House making prize fighting with or with out gloves, a felony. The house had a long discussion over the bill providing for distribu tion among medical colleges of the State of the unclaimed bodies of peo pie who die in penal and charitable institutions. The bill failed for want of a constitutional majority, lacking seven votes. A motion to reconsider was entered. Report of the Committee. Nashville, March 25. The com mittee on judicial reform this morn ing presented a lengthy report, set ting forth at lengtn all the Iacts as certained in the very thorough in vestigation made by the committee The plan was adopted of securin facts as to the work done, both be fore and after the Jarvis law had gone into effect. Comparison showed that there had been a de crease in business reaching as high as Co per cent. The decrease in business in the criminal court of Davidson county was 44 per cent.; in Knox county, 46 per cent.; in Shelby county, 60 per cent. T he committee presents tabulated statements of the decrease of busi ness in all the chancery divisions and judicial circuits, with the num ber of days each judge sat during the year. It was shown that some of the judges were busy only about one-third of their time. As to the court of chancery ap peals, the committee quotes a de cision of the supreme court that it is a constitutional court, and then by presenting facts and figures as to the number of cases heard and the time saved to the supreme court, It is shown that the supreme court, even with the assistance given, had all the work it could do. It is recom mended that the Court of ChaGcery Appeals be retained. The committee concludes as fol lows: "Upon these facts the committee is unavoidably driven to the con clusion that there are more courts lu the State, under the present arrange ment, than are necessary to trans act the business, and have decided to suggest the following as a proper solution of the difficulty. The com mittee deems it best to red'strlct the state into chancery divisions and judicial and criminal circuits, to take effect iu 1902, so as to avoid the necessity of appointing the neces sary judges until the next general election, and for the present to abol ish such courts as may be unneces sary for the transaction of the busi ness now to be done and apportion the work heretofore assigned to these courts, as equitably as po-i-ble. amongst the remaining circiits aud divisions of the state. The committee therefore recommend that the following courts be abol ished: The Twelfth chancery di vision, the criminal court of Kaox county, the Third judicial circuit, the criminal court of Montgomery ounty and the criminal court of the F.leventh ju iicUl circuit; and No. 2 of tin Eleventh chancery division, TflCyAn Sarin jvS UfiOiM Povrnm AUSCIUTEEV'PURE Makes the food more delicious and wholesome SAVAl RUKtm SOWWS CO., NfW vos. which, upon the recommendation of this committee, has already been abolished by an act of the present general assembly; th Nineteenth udicial circuit. Ths committee al so recommend that the Second cir cuit court of Davidson county be abolished, the bill abolishing this court, however, not to take effect until Sept. 1, 1902, its existence in the meantime being regarded as necessary to the committee. The committee is satisfied that after the foregoing courts have been abol ished there will then be left remain ing a sufficient number to do ;he work of the state, and to abol'sh these will result in the saving to the state annually, uutll the redisrict ing bill takes effect in 1902, $20,250. and under the redisricting bill there are ten chancery divisions instead of twelve chancery divisions as now constituted, and twelve judicial circuits, instead of nine teen judicial circuits, now as con stituted." This is signed by Senators Jarvis, Meeks and Bell and Representa tives Kinney, Lassing, MeKeuzie and Peck. Hill In Preparation. The committee has in preparation bill to give two of the counties in the Nineteenth circuit (Judge Grigs by) which is to be abolished to Jude Childress, one to Judge Bonner and the other one not yet decided upon. The attorney-general of the Tenth circuit will be required to serve in Dickson and Hickman counties; the attorney-general of the Ninth cir cuit (Attorney-General Boyd) to take Williamson county, and the attorney-general of Davidson county to take Cheatham county. t hese arrangements are temporary, however, the general bill to take effect in 1902 redistricting the whole stiie. Redistricting Rill. But little business of impsrtance was transacted iu the Legislature Monday. The Committee on Redistricting the State reported a redistricting bill to the House. The bill specifies that the Eleventh Judicial Circuit (formerly the Ninth), shall comprise the following counties: Maury, Giles, Lawrence. Wayne, Lewis, Parry and Hickman. Hardin coun ty, formerly on this circuit, is placed on the Twelfth circuit. Senator Thompson introduced a bill to impose penalties for failure to promptly pay insurance losses and providing that when an insur ance company refuses to pay loss sixty days after a demand is made by the policy holder, the company shall be liable in addition to loss 25 per cent, on the liability of said company for said loss. Also all rea sonable attorneys' fees for the prose cution of the case against said in surance companies. VOLUNTEER SOLDIERS. Those in the Philippines Will be Brought Home as Soon as Possible, The following letter from Adjt. General Corbin to Congressman Cox is self explanatory : Washington, March 20, 1800. Hon. y.X. Cox, M. C, Franklin, Tennemee. Sir: I have the honor to acknowledge the receipt of your letter of the 13th in stant, enclosing a communication ad dressed to you by W. T. Vaughan, of Manila, 1'. I., who asks your assistance in procuring the immediate discharge of Sergeant A. ISowen, member of Com pany B. First Tennessee Volunteers, who is now serving with his regiment in the Philippine Islands, and in reply to inform you that it is the intention of the Department to return to the Uni ted States all volunteer organizations serving in the Philippine Islands as soon aud as rapidly as their places can be taken by troops ot the regular army, of which a number of regiments are now under orders to proceed to that point; and that in the meantime existing con ditions in the Islands will not permit of the discharge of individuals belong ing to such organisations, except in cases involving domestic afiiietion or other distress, which does not appear in this instance. Very respectfully, H. C. C'okiun, Adjutant-General." WILL NOT H.UK DOWN. George Stuart Standi l.y II U Statement Krgardlng Governor of Tennessee. Knoxville, Tenn., March 27. In an interview in this city to night the Rev. George R. Stuart, co-worker of Rev. Sam Jones, said : "Notwithstanding the unfavorable criticism of the press of this and other States, I will reiterate mv statement made here a few weeks aszo that Ten nessee lias not had four absolutely so ber Governors since the war. I mean teetotalers when I say absolutely sober. No man can be absolutely sober with a simile drink of liUir in him. Mv proposition is that Centre was really the lir-t Governor after the war, as lirow!ow was elected in and served two terms. Kenton McMilim has iit yet stood Lm te-t, but I am sure he will makes can, sober Governor, as he does not drink. I d i not include llrowniow nor MeMillin ir, my tat nient. If the editors who um; on mv statement will show er four b.ut ly sober Governors between McMtl.iri :i I lir iwnlow I will ro lii'e th-j proof r apdoiiine. Iu reality 1 know of but tlire who were absolutely sober.' Baggies, i;ugsle. Buy a buk-gy of Sattekfiei.d & I)ii.- bc.uf they i,iv a I ire tM-k t ed-et from. Trices ribt. Busies up-to date, real bargiin. tf CONTRACT AWARDED For the New Itains, Kirkman an4 Bunk llnililiiig. Plan of Mr. Carpenter Accepted hf McKriinnn. Anderson & Foster, Dob bins & Ewlng and W. P. Woldridge. Messrs. A. B. Rains and Normait Kirkman and the Maury National Bank have awarded the contract for the rebuilding of the block on West Seventh street burned by the fire last January, to the Edgfield & Nashville Manufacturing Company, of Nashville. The new building will be one of superb architecture, and will be three 6tories high and extend back 140 feet. It will have a combina tion front of Bowling Green stone and Philadelphia pressed brick. The work of tearing down the old buildings began lat Monday, and it Is expected that the new one will be ready for occupancy by the first of July. The carpenter's work will all be done bv home mechanics, and the brick vork by Thomas Simpson, of this city. The new building will comprise three store houses and the bank building, two of the store-houses being tne property of Mr. A. B. Rains and the other the property of Mr. Norman Kirkman. The upper part of the bank building will be tit- ted up with omces. Plan Accepted. Messrs. McKennou, Anderson & Foster, Dobbins & Ewing and W. P. Woldridge have accepted the plans of Mr. J. E. R. Carpenter, formerly of this place but now of Norfolk, Va , for the new buildings to be erected on the corner of West Sev- . euth and Garden streets, where the Whitthorne block now stands. No bids for the work, however, have yet been made. The plans are for a magnificent three story-brick build ing, fronting on West Seventh street and running back to within a few feet of the iivery stable o:i Garden street and leaving a space for an alley way. The second and third . stories of Mr. Woldridge's building on the comer will be nicely fitted up with offices. With these seven new store-houses, the appearance of West Seventh street will be greatly improved, in deed. TEN NEUKOKS KILLED. Result of Itacn Wars In Arkansas and M isslrisippl. Texarkana, Ark., March 23. A race war is on in Little River county, and during the past forty-eight hours an indefinite uumber ot ne groes have met their death at the nands of an infuriated white popula tion. Seven are known to have been lynched, shot to death or slain in some manner, and the work is not yet done. The bodies of six of the victims of the mob's vengeance are hanging to the limbs of trees in various parts of the county, strung up wherever overtaken, while that of another, who was shot to death while trying to escape, was thrown into a creek and left there. Th county is in a state of the most la tense excitement. White men are collecting in mobs heavily armed and determined; negroes are fleeing for their lives and the community is in an uproar. Cause ot the Trouble. The negro population is large and has for a long time proved very troublesome to the whites. Fre quent murders have occurred and thefts and fights have become com mon affairs. One or two negroes have previously been' severely dealt with when the people found it necessary to take the law Into their own hands, but it was not until Tuesday that the trouble took on a very serious aspect. It then de veloped that carefully laid plans had been made by a number ot ne groes to precipitate a race war, aud that many white men had been marked forvic'ims. Three Negroes Lynched in MUnlnHlppi. Jacksox, Mi., March 2.5 Three negroes were taken from an olllcer of the law and lynched by an armed mob near Silver City, m Yazoo county, last Saturday morning. After being shot to death the bodies of the victims were weighted with bundles of cotton bale ties and thrown into the Vhzw river. The negroes were Minor Wilson, C. C. Reed and Willis Boyd. They were the ringleaders of the ngroej in a race eucounter on the Midnight plantation early last week. Tiiey were arrested and taken to Yaio City and held in jail. The offense with which they were charged hay ing been committed in Sharkey county, the fh:rkey authorities were notified, a'i 1 la-t Friday even it g Deputy Constable Silvester arrived and the prisoners were turned over to him. The constat) boarded the et-'uir.er Rescue with th negroes Saturday nu. ruing and reached Silver City with them. All that is further known is that the negroes fell it:t th; hands of th mob at this point, w- r e h.t to JeatSt and thrown into tb'. river as abiv stated.