aC D. J. WHICHARD, Editor and Owner. TRUTH IN PREFERENCE TO FICTION. TERMS : 25 Cents a Month. ‘reese BRS, seciessongan Vol. 4, GREENVILLE, N. C.. THURSDAY, AUGUST 20 1896. \/ ‘sorIpey — SST q Jel Zoerz ould sueiptmyo pu se ' Te eA Mites) ee ea . . - Tuurspay. Averst 20TH, 1896. phan Boag a OI es en A ap = ae Congressional Convention. The Congressional Convention of the Democratic. party of the First Dis- trict is hereby called te meet in Wash- ington on Tuesdey August 25th at 12 -m. tor the purpose of selecting a can- -didate Tor. Congress, an elector and such other business as may come be- fore it. By order of the Committee. WB. Ropmayn, * Chairman. ’ “anemia Reconstruction of Society is Not Being Sought. eal a BQUALITY BEYORE THE LAW ee ene 3 Income Tax and sree Coinage, SHERMAN AND BLAINE QUOTED. THE DECL INING GOLD RESERVE. “Jt is constantly assumed by some hat the United States notes commonly ? ‘tered as second-class: mail matter. | 5 as + bebe aide ie excuse fe the issue of io more than.$250,000, 000.in bends, and | it is impossible to, estimate the amount’ “Lot bonds which may hereafter be issued if this policy is continued. “We are told that any attempt on "| the part of the government at this time to redeem i.s obligations in silver would ut a vremium on gold; but why -| should it? The-Bank of France exer- cases the right to redeem all bank paper in either gold or silver, and’ France maintains the parity between gold and silver at the ratio of 15 1-2 to 1, and retains in circulation more silver per- capita than we dc in the United States. It may be further answered that our opponents have suggested nothing more forcible than the dangers they fear. More than this, if the government should retire its paper and throw upon the banks the necessity of turnishings coin redemption the banks would exercise the right to fur- nish either gold or silver. In other words, they would exercise the option, just as the government ought to exer- cise it now. The government must either exercise the right to rede2m its odligations in silver when silver is more copvenient, or it must retire all the |gilver and silver certificates from cir- culation and leave nothing but gold as legal tender money. Are our oppon- ents willing to‘outline a financial system which will carry out their policy to its legitimate conclusion, or will they con- tinue to cloak their designs in ambigu- ous phrases ? -NECESITY FOR BIMETALISM. “There is an: actual necessity for bi- metalliim as well asa theoretical de- fense of it. During the last twenty- three years legislation has been creating an additional demand for gold, and this law-created demand has resulted in increasing tue purchasing power of each ounce of gold. The restoration uf bimetallism to the United States will take away from gold just so much of its purchasing powers as was added to it by the demonitization of silver. ‘The sil- ver dollar is now held upon the gold basis by legal-tender laws and not by redemption in gold, and not because silver. dollars are redeemable in gold ejhter in law or by administrative policy “We contend that free and unlimited coinage value, and thus make silver bul- lion worth $1.29 per ounce in gold throughout the worid. This proposition “called greenbacks, and the Treasury is in keeping with natural laws, not in notes, issued under the act of 1890, are responsible for the recent decline 1 the } Id reserve, but this assumption is en— Shely without foundation. Secretary’ arlisle appeared before the House ‘ 01 m mittee on Appropriations on Jan- |. a ‘wary 21, 1895, and I quote from the printed report of his. testimony, before: the committee : Mr. Sibley—I would like to ask you (perhaps not entirely «connected with e matter under discussion) what ob- jection there could be to..having the option of redeeming in ‘either ‘silver or _ gold in the Treasury. Secretary Carlisle—If ».that., policy. had been adopted at the beginning: of resumption—and I am not saying this for the purpose of criticising the action dofany ot my predecessors, or anybody ‘else—but if the policy of reserving to resumption, the option of redeeming in|: _ gold or silver all its paper presented, I} __ believe it would have nba eng cially, and trere would have been no trouble growing cu: of it, but the Sec- ‘Tetaries of the Treasury trom the be- = licy of redeemiug in gold or silver, at _ the option of the holder of the paper, spe if any Secretary had ‘dfterwa.td sane to:change...that -policy-and ey see 6 wit a _Than . who wanted | a or gold “apon nfs art who wanted sateen tim inde. ad as] ears, my have Sen very , = do not a with the Seereary the government, ac the beginning::of} defiance of them. The best known law of commerce is the law of supply and demand. We recognize this law and build‘our argument upon it. We ap- ply this law to money when we sa that a reduction in the valume of money will raise the purchasing power of the dollar; we also apply the.law of supply and demand to silver when we say that anew demand for silver created by law will raise the price of silver bullion. Gold.and silver are different irom other commodities in that they are limited in quanities, Corn, wheat, manufactured ~}produets, &c., can be produced almost without, limit, provided they can be sold at a price sufficient to stimulate pro- ducing, but gold and silver aie called precious metals because they are found not, -prodyged. These metals have.beep thevebject .of anxious search asi far back ag history runs, yet, according to benefi-) Mr. Harvey’s caleulation, all” the gold in the wurld can be melted into a twen- ty; two-190t’ cube and all the silver coin F ora of resumption , haye pursiied # | jini ithe world into a sixty-six-foot cube. “Because gold and silver are limited, both.iawbe quantity nowin hand and in, annual, production, it follows that legig- ation, can fix, the ratio between then. Any, purchaser who stands ready to take 1 the entire supply of ‘any giyen at. ticle at a certain price can prevent that article from falling below that price. So" the government can fix a price for gold’ aud sliver =? ep a demand greater hi Supp rpationt ‘himel entering into an Fageeuect to coin at a onte Me can maintain the bullion value |) ! ind peptionall the wold and silver Pre: files incewsietpeataction: i ott mains mts slat ratio. Wheg ha ‘and any person desiring bullion can se- cure it by melting the com. ‘Lhe only question upon which internatiozal bi- metallism and independent bimetalists differ is: Can the United States, by the free and unlimited coinage of silver at the legal ratio, create a demand for silver which, taken in connection with the demand already in existence, will be sufficient to utilize all the silver tnat will be presented at the mints ? They’ agree in their defense. of the. bimetallic principle, and they agree in unalterable opposition to the go'd standard. Bi- metallists cannot complain that free coinage gives a benefit to the: mine owner, because international bimetal- lism gives to the owner of silver all the advantages cflered by independent bi- metallism at the same ratio, Interna- tional bimetalists cannot accuse the ad- yocates of free silver ot being. bullion owners, who desire to raise the value of their bullion, 01 debtors who desire to pay their debrs in cheap dollars, or ‘demagogues who desire to cnrry fayor With the people.’ They must rest their opposition upon une ground only, name- ly, that the supply ot silver availab.e for coinage is too large to be utilized by the United States. “In discussing this we must con- sider the capacity of our people to use silver and the quantity of silver which can come to our mints. It must be remembered that we live in a country only partially d veloped, and that ou~ people surpass any people in the world in their pswer to consume and pro- duce. Our extensive railroad devel- opment and enormous international commerce must also be taken into con- sideration. Now, how much silver can come here? Notthe coined silver of the world, because almost all ot it is of more value at this time in other lands. Our mints are opened to free and un- limited coinage at the present ratio ; m2rchandise cannot come here, because | Feymage the labor applied to it has made is worth } fi more in the form of merchandise than it will be worth at our mints. We cannot expect ail the annual product of silver because India, “China, Japan Mexico, and all the other silver using countries must satisfy their needs from the yield. The arts will use a large coinage by the United States alone will }amount, and the gold standard coun- traise the bullion value of silver to its tries will need a considerable quantity. We will be required to buy only that which is not needed elsewhere, but if we stand ready to take and utilize all of it, other nations will be compelled to buy at the p.ice which we fix. Many fear that the epening of our mints will be followed by the enormous increase in the annnal production of silver. This is conjecture. Silver has been used for money for thousands of years, and during all that time the world bas never suffered fram an overproduction. It, for any reason, the supply of gold or of silver in the future ever exceeds | the requirements of the arts and the needs of commerce, we confidently hope that the intelligence ofthe people will be sufficient to devise and enact any legistation necessary for the protection of the public. It is folly to refuse to the people the money which they now need, for fear they may hereafter have more than they need. convinced that by opening our mints to reand unlimited coinage at the io.we can create a demand presentrys tor silyer \yhid will keep the price of|'T ilver bullion at $1.29 per ounce, meas- jf ured by gold. ! FALL IN-PME PRICE OF SILVER. «Some-ef.our opponentsiattribute the fallin the value of ‘silver, when ‘ meas— ared by gold,: to the fact that during thie last ‘quarter of a century the world’s supply of silver has increased’. ‘more’ } rapidly than the world’s supply of gold. | This is entirely | answered by the fact | lion converted into coin at that price, |i : I am‘ firmly. abroad now, but’ it must continue to go abroad as long as the ‘present. financial |. policy i is adheted to, unless we continue to borrow from across the ocean, and | even then we simply postpone the evil, because the amount borrowed, together with the interest upon it, must be paid in aporeciacing dollars. The American people now send a large sum to Euro- pean creditors, and falling piices have left a larger and larger margin between our net national income and our annual interest charge. There is is only cne way to.stop the increasing flow of golditrom our shores, and that is to stop falling prices. ‘The.restoration of bimetallism will not only stop, falung prices, but will to sume extent— restore prices by reducing the world’s demand tor gold If it is argued that a rise in prices les- sens the value of the dollars which. we pay to our creditors I reply that, in the balancing of equities, the American people have as much right to favor a financial system which will maintain or restore prices, as:foreign creditors have to insist upon a financial system that will reduce prices. But the interests ot society are far superior to the iuter- ests ot either debtors or creditors, and the interests of society demand a finan- cial system which will add to the vol- uine of the standard .:cney of the world and thus restore stability to prices. {CONTINUED IN .NFXL ISSUE. ESTABLISHED 1875. SAM. SCHULTZ, PORK SIDES &SHOTEDERS j4 AKMERS AND MEKGHANTSOUS ing their year’s supplies will.ting their inverest to get our prices befcre pu. chasing elsewhere. Ourstock iscomplece n allits branches. FLOUR, COFFRE, SUGAn RICH, LA, &c. Aways wb LOWEST, TARESE CRUES TOBAGEO SNUFFi&. CIGARS we buy direct from Manufacturers, ena bling youto buy.at.one protit. . A com alote stock of FURNITURE always onhand and soldat prices to suit the times. Our goods areall bought and sold for CASH therefore, having no risk to: rane we sell at a close, margin. . M. SCHULTs Greenville. N C that buring. the last twenty-five years an the annual outpat ot gold more rapidly than the. output of silye The price of gold has. fallen more in history of the world, but that fall is past five years than it ever fell in the s + Gh ES oe pe Wall Pat per! ever shown in Greenville. Be. sure to see my samples. All new styles, uot an old piece in the lot. Will take pleasure in bringing samples to your home if you will. notify me at m y shop near Hum- er's, on Dickerson avenue, A. PF ELLINGTON. Greenville Market. Corrected by 8. M. Schultz. Bniter, per Ib 15 to 25 Western Sices 6 to? Sugar cured Hams 10 to 124 Corn 40 to 60 Corn Meal 50 so 65 Flour, Family 4.25 to 5,00- Jhard 5} to 10 Oats 35 to 40 Sugar 4 to Coffee 15 to 25; Salt per Sack 80 to 1 75 Chickens 10 to 25. Eggs per doz W to 11 Beeswax. per 20 Cotton,and Peantt, Below are Norfolk {prices Of coitok and peanuts for yester ‘day, as furnished by Cobb Bros. & Commission Mere chants of Norfok - COTTON. Good Middling 73 Middlivg 1% Low Middling 7 Good Ordinary 6 5-16 T'one—quie . PEANUTS. Prime 24 Extra Prime 3 "ancy 34 Spanish $1.10 ba lone—tiym. GREENVILLE TORSC. 5 > MARKET REF URT, LY, cs L. JOYNER. Luas—Common..........24 10 8 “ Bine.... wee ...-7 fo 14 CuTrers— Common... ....64 tol0 6 18 “Fine.... ......10 to Primary, Seo met orTer: Li rmanent! n.15.t035 days, ( saopall ti memenicg: | eforsame price under same guarane ‘¥Quprefer tocome here we willcone 40 p2yTailroad fareand hotel bills,and wefai) tocure. ierenrare taken mere fash, and/still have aches and » Mia ous } atches in mouth, Sore Thr Pinner frircareers ihe out, it lsthis Secdnda | DE O1s0: we , uarantee to cure. wa sol ié tho Be b pate cases and challenre ihe worl id for & & weeannotctre. This disease jas alwa ba shy: skill gfthe moaned eminent physi« apita ind ou tional cgacantY: Absoluto ww ‘ots red A eel en 907 Steen ress. COD” : q Pemople, C. ud 940, ILL. meES, OMESCHOOL FOR GLRLS.. Wilt open atm Cottage,’ Oct. 2hd a Home School for Gir ts. from 8 to 16 years of.age. Nui- ber limited to:i0. Address Mrs,.A. L. MoO. WHELAN, a. Norwoed’ Pp. O Nelson CO. Professional, Cards. John Ei ‘Woodard, oA Harding, Wilson, N.C. Greenville, N. €, OODARD & HARDING, ATVORNEYS-AT-LAW, Greenville, N. Special attention given. to collections and settlement of claims, Loans made:on short time. \ iarevane solicited. Cléaning,? PF : ing Bewe jist Gents ae a spectalty “Special attention pe oeeenenens Ung. ‘ ai a ene NILML arte Vy ) BBRD ARD Fy ee A aati Bl O fou tnt thee: 1 ney : i * ; atlas AMAR nee eae! ¢ om : ‘Darcy Rev ector. ve 1:25 veonte a its Ulass intthe'State, j “I “] ¢ Le . 2 t Es Ye are hab yi os ene 5 eo wots Substhibl tod pee hdd a ssultie - FOREMOST NEWSPAPER DAILY =e J adept tn jbbiis ae The Charictia \OBSERVER, — "f ‘North Oprolina-s ever. - ba weal home, ub or. the worl “OBBERVE th Or ee Be ct tk Ob . ‘ La i 4 *. i ye st ph} a @ 4 t . a me | 5 ‘ > =-Conelating’ ‘of — | BEN RIETTA, CASHMERES, LAWNS, ‘CHALLIES, _ PARISIAN RIPPLES, INDIA LINENS, LIN EN LAWNS, MULLS, DOTTED SWISSES, and Novel COTTON GOODS of different kinds wud description. Never were they more beautiful than this season. —(Come see our— SHIRT WAIST SILAS they are the correct styles and prices. HAMPURG EDGING and INSERTIONS, LACES, - RIBBONS, FANCY BRAIDS, and NOVELTIES. ee reenter LaceCurtains Window Shades, Curtain Poles. —A line of— Oxford Ties or Ladies aud Ciildren that hag never deen equalled in us town. Shoes, Shos ‘for every buyer who wants .bonest, reliable, wearing articles. Umbrellas to protect you from the suo and rain. Gentlemen come and examine ) Shirts, Ties, Vollars, Cnlfs, Straw and For Hats, Suspenders and Shoes in correct styles, best quality aud p»pular prices. We can and will please you if you Hosiery. will give us « cull. afar line of — Furnitur= is complete and ° embraces mapy useful articles of gsouine merit. -» Our Oak Suits are lovely. Easy ~ gomfortable Rockers of many different. kinds. Dining and Par chairs, Lounges and Couches, ) a 7 a a Centre ‘lables, Side © ~~ Bable Onl eheap and‘ od grades. PNG HO SUA \OL DRESS GOODS, | Beautiful, stylish, up-to-date, abu cheaper than ever before. PIMITIES, WHiTE GOODS, ~ Bos irds, Dining Tables, Tin Safes, Bedsteads, Mattresses, Floor and Cloths, mevons of pean aS on ae se sais a Berit “HOR SCOTCH.” — sep ee ee JUDICIOUS ADVERTISING Creates many a vew business, Enlarges niany an old business, Preserves Many a iarge business. hevives many a dull business, ‘Rescues iuany a lost business, Saves nany a failing business. S-cures suceess to any business ¢ umes of the REFLEOTOR. Move Around. eee day. W.M. Lang, of Farmville, was here to-day. Charlie Briley is cletking for J. ao Cobb & Son. Prayer meeting in the Baptist church To “advertise judiciousiy,” use the| to-night. | ood ‘TRAIN AND BOAT SCHEDULES. Passeuger und. mail north, arrives 8:22 A. M. irriyes 6:47 P. M. North B ound Freight, arrives 9:50 A M, leuveslU:10 A. M. Going South, M. leaves 2:15 P.M. Steamer ‘lar River arrives from Wash- ington Monday, Wednesday and Friday leaves for Washington Tuesday, Thuts ‘| day and saturday. . quem ot Aen. ipa enn, rehash WEATHER BULLETIN. Fair to-night aud Friday. _ TTL WEATHER WIS4 AND , ,OTHER- WISE. General Mixture cf Items—Ali Hot. i House for Rent, apply to W.S. Rawes. Wanrep— Table boaiders, apply to Mis. M, aA. darvis. Fuster Quinn, who works «at W. ‘T. _| Brickeil’s printiug office, mashed his right nand in the Jov press ou Wedues-{ Elm City. day. dit) 8. Apply tu F.C. Harding. Mamie Hines’ Wednesday evening, at | which the young people bad a very leasant time. es Founp—Pucket kuite, call at Re- FLETOR office and pay for this notice and get same. = The mercbaut that woes not intend to advertise Lils Beasuu better et be tov hasty about buying a big stock.— Geldsboro Argus. If you want to read about some live business men keep an eye on the adver- tising column of the Reriecror. It will pay you to do sv. The “Southern Leader,” still boids the lead as the best 5 cent smoke. Nothing equals it. D. 8. SMITH. Best Butter on .ce at Starkey’s. Mrs. R. J. Cobb has a charming viritor this week in the person of Miss | Bessie Jarvis. ‘The boys will be glad to know that sie is “in town.” You can buy Lumber at Staten’s| Mill, just 44 miles trom town, at “Sin-| gle Gold Standard Prices.” See C. R. SpesGut, Manager. J. A. Smith, the barber has moved will put in kath rooms soon. tion. -Vermout Butter for sale at DLS, Smith. W. D. Stokes sold a lot of common | tobacco at the Planters Warehouse to- day on which he averaged $10 he said that if anybody had offered him $7 before the sale he would have taken i it gadly. i rabe ees of full Cream Cheese and Vermont Butter, on ice, at J. S. Tun- stall’s, ms ee First of the ek ae: Mullets train going South Bound Freight, arrivea 2:00 P, Three dozen Egys tor 25cta. at S } Weather has given an agreeable “tangs A M. Schultz. sail around. M. H. Quinerly and wife came over where I have purchased a Large. New, Cheap a Money loaued vi 30, 6Y and YUE from Kinston = Lhere was a storm party at Muss § visit Miss Hortense Sorbes. < He so licits you patronage, guarantees satishac, | and: Posatons, a ett te at S. M, ) | me ; 4 iy a & oak ai ¢ MG “ 6 “ Dr. H. Johnson, of Grifton, was in} town to-day. Miss Ho-tense Forb es returned trom Kinston to-day. \ . Capt. Geo. J. Studder, with this pair, is in town. Will Hemby tas taken a positftn with Brown & Hooket. Zeno Moore reiurned W aod evening trom Kdgecombe. Miss Annie ‘Thigpen, of ‘Tarboro, 1s visiting Mrs. 5. T. Rooker. Miss Eliza Wooten, ot Kirstoa, is visiting Miss Macy Alice Moye. Miss Novella Higes returned this_| morning trom a visit to Kinston. | | ES. Byrd made an $18 average: at, the Planters Warehouse to-day. i J.C. Cobb & Son moved to-day to! he Elliott building, their old stand. te] Miss Loraine Horne returned home| Wednesday evening, from j visit to! J b 3 Last night was- almost cool. The: this- irorning to visits rs. Quinerly’s parents Mieses Sallie and. Mattie Rountreey. , of Kinston, came cver tlais “morning to. Dr. E. A. Moye,. Js. L. Little aaubj # E. Starkey went.to. Grifton Wed! nesday evening to attend a party. 5. W. HIGGS, Pres, Maj. HENRY HARBENG, Aiss’t Cashier: Greenwille, N.C. eee STOCKHOLDERS . | Representing!a}Capital. off Mere Thanta Halt |: MillioafDolars, Exchange Bank. Baltimore, M4. } The Scotland Neck Bank, Stotland ‘Berek, N.C. : Noah Biggs,.Scottand Neck; N. C. | R. R. Fleming, Pactolus, Ni C. D. W. Harde, Higgs Br:. Greenville N.. Ce We respectfully solicit the accounts | public. Checks and Aceount Books Surnish- ‘ed on ap pleation. What These- People Catch as They! ue & i 4 ay ‘i ae ’ ' Ae mf ; Ee 4 . j es ‘ | i J.J. Cherry weut to Obreoks to-| | (3. C.COBB & SON | ! | | | | i Wm. T. Dixan, President National R L. DAVIS, Pres’t. of firms, individuals and the general) into his new shop on east side of Evans} street and he has a nice place. He} eS On aie after, Thursday, August 20th, we will be in our new store, at the old stand, will be clad to see you all. - Will sell goods cheap and cuarantee satis- Thank you for past favors. Yous &e. | | faction. August 17th, 1896. Cad 8 PRESS SESE AEs 2Lye be ano y » Doe Bch ac} HBS © Cy R mn <4 OM w oP ee Stowers iaun se = ¢0 Lp teed nm & s" Sag Pcbeo Oe ke aOu® 09 259 Smo g Gefen scoters acs Pm B3al2oPeRX ae? ,, Py pore Eon ly. © 7: oa bad oBy 28 » §88a8 Fo me Be Oe e Bs R ggasere BBS Om ore & 09 7 F have just: returned from the NORTHERN :- : MARKETS, and stylish line of goods We are vot LOW on one thing just to catch your eye and high cn others becanse we titink vou are not posted. We sell our eoods at the LOWEST POSSIBLE PRICES, and whether you are an expert or not does not effect our price one J; S.WIGGS, Cashier, |COM*- Our goods have the stamp of reliability, combining’ style and qmelity with lowest price, and they will bring you success against abl competitors. My stock of CLOTHING Souza store. I will sell up-to-date Clothing. Thankiog you for past fuvors, [I hope to be favord with your fiature patronage. I am Yours to Please, EX. ALHARDSESE;, Leader of Styles.. ? i R. A. TYSON, Vice-Pres’t;. J. L. LITLE. Cash’ REORGANIZED JUNE sth, 196. THE BANK OF GREENVILLE, GREENVILLE, N. C. aS 02a @ Capital $50,000.00. > am _Paid in C apital $25,000.00, WO 932BDD@ Transacts a General Banking Business amd Solicits Collections and Aca counts of Responsible Persons and Firms. ifyird vine) fev i , gs x» . ee oc: gt RAR te ae : sopra ta) 20 it Pi a, b f He? : : ‘ Ea eee 7 ye 4 : bs & MO ee eeialt 3 64 sacl) eke ble ; n : rk ‘ ‘e ee : af i Ts 04 hy a *4 hod et “Elliott. mek side > 4 J Ft ; gan ees ee ‘ ‘ *% Oey aig = i r 3 ae e ie rare -barga most, A ec HON Se La }: Eg 08: a rod. “non di i ‘ * ci ge. ae a0 i} ee m A ie its rilob ‘ pee nS anes ey ie Ge tide om Bei cots i a taint t