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PUBLIC CREDIT. SECRETARY CARLISLE HAS PRESERVED IT 1 1 SPECIAL NOTICE. t Correspondence of Courier-Journal.) Much a)o is made because th Washington, Feb. 25. As soon market price of Government bond the- President and the Secretary in New York was greater bv the of the Treasury had succeeded in aggregate of $9,000,000 than the restoring me j.uui.c creun, me Carlisle contract price. That may be; Dut what was the use of selling minus ior goiu in .New York to n'pnate. which is no longer Demo oraticor Republican, but Populist, Kt-t about to impair that credit. Mr. Jones, of Aikansas, brought forward his unlimited coinage hill, nenrlv as vicious as free coinage, and it was evident that it would have passed the Senate, had the Senate been ii body that could leg islate except by unanimous con sent. Mr. Vilas killed the bill, ami for that he deserves well of the whole people. There has been a great deal of lying about the contract made hy the Secretary of the Treasury and the reoresentatives of the London bankers, Rothschild and Morgan. It lias been persistently asserted that Mr. Carlisle threw away 000,000, and even Imd he done so, that would have been a mere song compared with the saving of the public credit, and -be did save it. But for that much maligned con tract the Federal Treasury would have been forced to suspend specie payments and that would have precipitated a panic from cne end of the country to the other. On the Kith day of January We have too many goods on hand and in" order to make room for our Spring Stock we will for the Next 30 Days offer some nave the gold taken out of the treasuary the next day? The result wouiu nave been another sale of bonds, and another, and another, and then another. Mr. Carlilge was not so much selling bonds as he was buying gold, and he was shrewd enough to hace it nominat ed in the contract that if Wall street drew that gold out, of the Treasury, Wall street must keep it idle in its bank vaults, for Roth schild and Morgan undertook to make it very expensive for Wall street to ship it out of the country. Even if that cost $9,000,000 -and S(J,O0O,O0O well it did not it was expended. But there was yet another con sideration, ana the greatest of all. With London bankers holders ot United States bonds London bankers became directly financially interested in sustaining American public credit. One or two fellows in Congress, it is true, say that now we owe the Roth schilds money they will vroceed . . - l' . T i iv uaiiiviupi us; out i am more there was begun a regular run on j hopeful. I actually believe that it a lew capitalists like Sage'and a few bankers like St. John in New York, again to force a suspension of specie payment, the Rothsch'ihls would try to again prevent it. That It became necessa-! is gold-hug talk, I know, but it- is the treasury, and bv the lJth day of February, the treasury had paid out $3S,2l2,r40 gold, which practically exhausted the gold coin on hand, the remaining gold being bullion i'v to net and to act promptly. , common sense. Twice the Administration had sold! bonds at home, and as soon as the I rob! reached the treasury the very i Iw. lnnr.,,J it (nil,". r".r,,.r..V, iClMtlOn ment drew it out. As shrew J a financier as Russell Sage was con vinced that specie payment would ; imeui be suspended, and he accumulat ed some millions gold, holding it for a rise. Many Jfew York bank ers did the same thing. Mr. Car lisle determined to block this little game, and he did it. And what is more he is the only Secretary in forty years who has shown himself greatei than Vall street. The Secretary went into the market and bought gold. He went where the gold was to be had to London and bought it for the least sum its owners would part with it for But that was not all he did. He entered into a con tract with Rothschild and Morgan that they should see to it that no more net gold va3 exported across the ocean for six month?, which they could do by establishing such a rate of exchange as would render it unprofitable to export it. From the day that contract was signed exportation ceased. uolu came this way and the run on the treas ury ceased. Rothschild and Morgan parted with their gold for a oji per cent gold bond. They said: "We recog nize only gold as money; we fur nish you gold and expect you to repay gold. If we thought you would return us silver for our jrold we would not take your bonds at any price. We are business men, and as you are only authorized to issue coin bonds we charge yui i of 1 per cent per annum additional interest, which in thirty years will amount 'to upward of $16,000,000. If you are authorized by Congress to do so, make it a gold bond, and we charge only 8 per cent interest and thus j our treasury will save, ultimately, above $10,000,000 in the matter of interest." The appeal was made to Con gress, and Congress, like a team of wild asses it is, rejected it, and so the bonds remain 3 3-4 per cent, instead of' 3 per cent. Till TWICE-A-WEEK ' PUIILIC. 1SE srrcriAi, oi nn-.n, im(l Only Until Murrh 31nt, 1H!3. Send two new subscribers with two dollars and pet one year free. Semi four new subscribers with four dollars and receive the paper twe years without cost. "l)o you know a good thing when ,ou "ee it? A word to the wise is Biilli eient." Address THE REPUBLIC, St. Louis, Mo. But there is vet another consid- and if our silver friends could think a moment, the great est of them all. If international bimetalism be not an iridescen and probably it is here is the road to it. Since our repeal of the purchasing okusu of the Sherman Silver Bill, the silver party has also made great head way in Europe. Less than three years ago Germany was the most pronounced of gold nations; but only the other day a vote in the Reichstag indicated that Germany was ready to adopt international bimetallism. The silver party has also made great headway in Eng land, and should the Tory party in that country make bimetallism a part of their policy, as now seems likely, the outlook for sil ver will he brighter than -it has been since G'rmanv demonetized it. I sincerely believe that the sil ver Revival in Europe is directly traceable to the repeal of the pur chasing clause of the Sherman law. That repeal was notice to Europe that we would no longer sustain the silver burden alone, that we would compete with the gold na tions for gold and try our hands in the great game of iinaucial freeze out. The effect is already per ceptible and is certain to result in u wider use ot silver as money, though it is not probable that it will result i.i a complete reinonc tization. But if the silver cranks have their way, if the populist Senate could have rule, our country would be a monometallic silver country before the summer come this good year of 1S9". The American peo ple will some day thank God lcr Cleveland and Carlisle, who stand between them and national dishon or and national rui". They have saved the public credit, and while they are on guard the Populist Senate will be as im potent in that direction tor evil as it is impotent in every direction for good. SAVOYARD. Old People. Old people who require niedicino to regulate the bowels and kiuneys will lind t ho true remedy in Electric, Jlitters. This medicine does 'not ' stimulate, and contains no whisk nor other intoxi cant, hut nets uh a tonic and alterative. It acts mildly on the stomach ami bowels, adding ntroiigth and giving tone to the organs, thereby aiding Natuie in the performance of the func tions. Electric Jiitters is un excellent appetizer and aids digestion. Old poo pie find it just exactly what they need. Price fifty cents per bottle at Harvey & Kob) 'a drug store. . SPECIAL BARGAINS 1 IrL sell o-cir TX7"oolen. G-oocLs. 3 g We have on hand a big lot of myrna Rugs which we will l g sel at a reduction of 50 per cent on the former price. g The very best straw matting for only S cents per yard. B A hio ioi of nice and fine decorated China ware. Ii pounds good c'oliee for i uu 20 ofthe finest.sugar no A 3-eallon tin bucket ' ' ' () A heavy renin 3 gallon pan Ho Galvanised half bushel measure 40 0- gallon oil can ,si i 1- 2 gallon tin cup " - Don't fail to get the benefit of our low prices. Come exam ine our goods and be convinced that all we claim is true. A ESESD Tih-e lOOl lESsuclret Store. 2 lliiUiUiiiiiiiliiiiUilUiliiUilUiiiiiliiiliiiiiiilliiiliiiliiiliiiitiiliiilUUiiiiiiiiiliiiiliiiiiiiiiiiiili rjr:n n on CRT BAKERT J. A. Gillilaud, J. W. (Jilliland, S. N (iillilaiirt Fresh Bread, Cakes, Home-marie Candies. Lunch at all hour. F. C. BERTGIILER. Cautioa Your friends not to buy a Cooking Stove jjfj or Range before they 2V have examined Into the merits of the .,.W. 'i 'l fir ft -v- $ 6m-:i always PC0AKl Reliable n N. O. THOMPSON, AGENT, KOSCIUSKO, - - MISS. YOU DOX'T WANT TO EE "DEAD I IT." Your severe fit of Stopped at once by HOWELL'S COUGH BALM. For Sale by P. T. Woolen, Crawley Bros., Center Miss . N. A. Fox, Paloi'ia. Cotton Buyers, AM) lEALi:iU 1 Dry Goods, Groceries, General Merchandise. SOUTH SIDE CO U III SOl'AKK. Kosciusko, Miss. GEO liULLOCK, THE BARBER. SOUTH SID10 SQUAUK. Arnr'l slinvfl anil a ennd Ilair-Ont am what vou rooiun-ff aturwnnr. " DLL E. C. COLEMAN Druggist and Pharmacist, DEALER IN ' -4 .. r Toilet Articles, I'l'Vl'miiery, Stationeiy, I'.ird Seel, S!nn Poii-li. Kte. l'riees ( iiliil'aat -e l. Special at teuti 1 1 i I'r i , 1) vi.irrn.m t . Sewing Machines Kebuilt and Warranted I'lVi: VIIAliS i!V W. S. Itl'L'NOUU. The only re-luuhlor in tho State. Willi AV.'W. Hall, Opposite AV. It. luttsCo. . 1 0ll West Side and . got your Ilair-Cuttinj:, Shaving anil Shampooing When in town give me a call. done neatly and quickly. Courteous attention given co all customeib to the barluM sliop o. J. E. C0FXFT0IT, i i