Leaf-Chronicle Weekly from Clarksville, Tennessee (2024)

4 1 THE NEWS OF THE WORLD, SHOT HIMSELF ACCIDENTALLY. SUICIDE FOR LOVE'S SAKE, CLARKSVILLE YOUNG MAN. TUE NATIONAL CREDIT: Mr. Eckels' Views on the rency. MUSIC BUSINESS Julian oooo terday.

To-day. Ga. 7 ue may ue ruusriir Tennessee's Great OpponTtrNiTY. Think That the Volants of Money Ic Resolution to Adjourn at 4 O'clock -Two Important Events Booked In the United States Remains' To Eo Brought This City For In Son- of 2t Prominent hy 1-clan of Cheatham Shot, Hi mself Th rip ugh Temple With a the to terment. jnrarf vrm vrmmy.

os ims Just now there seems to be an awakening In difK-reiit ctious of this broad Iandtatlm f.tft fliat we need a national hymn of didlinclively Amer- loan birth, both to M-orisand music i should not take the initiative in this matter? We would sug-ijrt that our erpositlon commtssicnii ers: offer two suitable prizes- nf eqnal I a Death of Little Funics Smith, at Some Legislation Gotten Through-A. JNumbcr ot Bills Signed Big Fire Pittsburg Universal Called Upon Ills Sweetheart, But -r Into. Her Jlonie Hy Gun Slipped off a Plank, the Contents 'pftggfng -Ttie Ilralns Ooring 7 zriIlot to be Changed-Mlssis rrr Ample and Eipnwi Opinion That Many Will Not Agree With, Eves Though He Ca.IC4 Ei iwrV "VTAMUNoTov, If ly 3 pwUl Tto-cent gold withdrawals hnvo Hgnln dliwiti with in ciUJiil tie ciirruncy (jiicsMon at thla ftshkm, It vt-J It will pirna a blU crwiing a ouraiuUsioa to Jnypsttguto tlie'wholo suljjtct "uiid iS'pprt' to oiii)gri! nzt IXx'inU r. Tho (ilaii iiMwt lu favor wolo cf Winhiis6ta. It'ciJlS for tho tlon of a commission oomposoU ot foim men, eminent In finance, political economy or hanking, bo appointed by th prt-sN dent; two members of tho n-nnto, to bi chosyn Iiy the vice president, two member of the houne of represontdtlvo, to bo named by the gpeakor, and the comptroller of th curroncy to be tho ninth mwiibl-r.

It is a great compliment to Mr. Eckels, "(ho, Us comptroller," that many mrm bars of congress liko Mr. Hoittwolu's plaik because It makes Mr. Kekels a member oC the commiss'on. Harely have we had In the executive deimrtments an official for whom all classes of public men entertained the most appropriate poem for a national hymn; the second to be awarded one month later than the first, to as much respect as they do1 for tho presenti comptroiier.oi tlie currency, I The Credit of the Nation.

'Tho most Important thing there is for to tho country," wild Mr. Eckels today, la rcanorisn. to iby micstiari.ff'la to establish, the iiiitiafiat-crtittrw Tt WT1T Bot' bo called in siioiiid bo no ctoua upon tho national credit, and no possibility of a cloud. -One great trouble during the last four years of hard times has been the endless discussion as to its credit in the eyes of the world By keep-" Ing always on hand nn amplo supply of gold with which to redoem Its demand obligations. The agitation of this question, as long as it continued, worked, us baria both abroad and at home.

"Then you do not believe, as many of I our poople dev that Mid volume of mopcy- r- "No, 1 do Thero arc things of mora importance than the volume of money. Uood credit is of vastly more advantage us than a largo volume of currency. methods of transportation and of banking exchanges minimize the tmpor- tance of mere volume Credit, confidence, stability, aro tho primo factors. Without li By Telephone to the Leaf-Chronicle. Lockehtsville, May 3.

A deplor able accident occurred here Saturday afternoon between 4 and 5 o'clock. Clayton, the 13-year-old son of Dr, W. F. Lockert, one of the most prom inent physicians of Cheatham county, accidentally shot himself through the left temple. He was standing on a plank thrown across joists in a house being erected for David Saunders With aBhotgtra in-hifbandgf when he slipped, the gun falling, and the ham mer striking the rplank: causing the gun to discharge, the entire contents entering the lad' left temple; prodnc ing a fearful hole, from which the out.

A telephone message was sent to Nashville for a trepan. Several pieces of skull bone-wereremovedj-and it was then learned that more would have to be taken out. Another tre pan "was Bent the seeopdjaper-ation is to be performed to-morrow if the boy survives until then. The un fortunate boy was attended by Drs. Walton and Smith, of Ashland City, and Dr.

Frey, of Cheap Hill. There Is very little chance for his recovery. Young Lockert Is a bright and sprightly lad, and the sympathy of the entire community is extended to him and his family." THOMSON Caterpillars Aro Doing" Dam age to Fruit Trees. nig Copperhead Snake Other Items From That Portion of Special Correspondence Leaf-Chronicle. Thomasson, May 3.

We had hard rains here Thursday and Friday I last week, which will again hinder aa i bottom lands can not lie worked at all. We had frost here Saturday night, May 1. So far we can see. no damage from it. -Cater pillars are more numerous than were ever Known in mis region, aoing great damazo to fruit trees, eating the leaves arid buds off, in fact damaging all kinds of vegetation.

Mr. Ed. Thomasson was hauling up, bay last week, and on lifting up a bale of hay found a copperhead snake as large as his arm, which he shot and killed. Capt. T.

Reynolds and Mr. Ed. Thomasson went to Clarksville last Thursday on steamer Buttorff. Rev. R.

P. Gannaway and Mr. Sam Kelly, delegates to district conference in your city, returned home last Sun day, and speak in high terms of the hospitality of South Clarksville people Mrs. John Morrow was able to go out driving Sunday afternoon for the first time In a year. We hope she will con tinue to improve, and soon bo re stored to perfect health again.

Mr. W. G. Caudle, of Dotsonville, spent Sunday with Mr. Abe Coleman.

Mr, Caudle is always a welcome visitor on the creek. We aro to have a wed ding in our vicinity this week of which I will write later on. W. Do your eyes over smart or burn or feel rough Sutherland's Eaglo Eye Salve will banish that feeling. It will mako your vision clear and distinct and will enable you to read without tiring.

Put up in 25 cents tubes, convenient and nice to use. Two appli cations are worth ten times the price. QUININE JIM BACK. 1 Peruvian Minister Has Arrived at New York. Il Will Leave Home Shortly, Coining by theso no volume of currency can bring a.

people permunent prosperity." "What Is the chief fault with our flnau-blal (system at this tinio, Mr. Eckels?" "In my opinion it Is the green tiack. I know there Is' a pri'judlco In this country against retirement of tlio Thif people attach sentlijicnt to that money. They say It saved tho Union. Dut In time of financial depression especially thegroen- to carry.

It is a suurco of danger. I am not In favor.oLjetlringiiU. tlio greenback at onca. That, of course, would bo Inadvisable, and so far as I know no one advocates that Dut fliey could bo gradually retired without any shock or inconvenience." Afraid of the Greenback. "Wherein lies tho danger of the green-backsf" thaivthey pro demand obliga tions uixm tho government.

They aro nay-" able at sight. When presented, they must be paid in gold, If gold be asked for, or serious congruences to the national credit Will ensue. The government never knows how many of theso demand notes will bo presented for payment, When everything is going smoothly and there is no lack of confidence in the government's ability to pay, none may be presented, But when troubles como in the financial or commer cial world, as they will como now and then, tho burden upon the government 1 greatly increased. The worst of it Is that once we redeem notes thoy are not- retired, but must be put in circulation again. Any business man who would, keep otit a large issue of bis notes payable on demand, jwrhaps as many as he could hope to take curd of, and.

then reissue theim as fust as tliey wero presented and redeemed, would sooner or find himself In trouble. It would be only a question of time. This government was a year or bo ago up against tho day of settlement. We had a narrow and eniensive escape-from disaster then, and I do not tbink. we ought to invite a recurrence of the dan Wm.

Finney, at Seven Monday Daily. Relatives are in receipt of a tele gram announcing the death of Thomas D. Jackson, at Macon, at 6 o'clock yesterday evening, of heart trouble. Mr, Jackson was 81 years of age, and he left a wife and one child, The deceased was tbe son of Thomas H. Jackson and wife of this city.

He was a Clarksville reared young man, and lived in this cltvnnfll a fw vfiare ago, dui nas Deen making bis home in Georgia for some time. Te this city for interment, but the hour for.the fimeraHraa not beetr dSi cjdedjppon. Mr. Jackson was a mem I ber of the Methodist church. The m'ahy'-feTanyeiand' m'ahy family join In offering sympathy, Kuarcs Smiths Eunice, the 13-year-old daughter of George.

at. at Woodlawn Sunday morning, of meningitis. The burial took place at 10 o'clock this morning at the Alf Dar nell graveyard. Little Boy's Death. Yesterdav evening the 2-vear-old son of William Finney, of the Seven Mile Fn.rrv nehhnpbot' AlaA Af ht trouble.

Th hnrial tncfc t. th graveyard at his father's home this evening. RINGGOLD RINGS. Mr. Gray Has a Runaway and Thrown Kit.

mi Ilia Wagon. Is (By Telephone Jo v.n Lent-Chronicle. Ringgold, Ma 3. On Saturday af ternoon, while T. L.

Gray, of Ring gold, was going home from Clarksville with a load of lumber and a canoe, his horses became frightened at a point just beyond the bridge at New Providence and rah, overturning the wagon and contents. Mr. Gray was thrown and the canoe fell on him, bruising him considerably. He is resting easier this morning. Rev.

A. N. Conch, the Baptist min ister of Ringgold, went to Casky, to preach. He was accompanied by Mr, P. J.

Ashton, the well known sintrer. Rey. Mr, McCorkle, of New Provi- dence, will hold meetings at the Ring- gold Bchool houaa Monday, and Tues day evenings, The farmers sav the tobacco nlants 7 are growing finely and they expect -oaA wr 1 -J Corn is beginning to come up. NON-RESIDENT NOTICES wouul "6 '-''arasviiie Dtaie a i. a in.

i I of Tennessee. Clerk's Office, May IK 7. I P. Townsend, complainant, vs. George W.Buck etals.

defendants It annearlng from affidavit tiled In this cause that the defendant, James M. Duck, Is non-resident oi the slate of Tennessee. Is Is therefore ordered! that he enter his appearance herein before or within tlie first three clays ot the next term of the County ouri. 10 De ncia me couri-nouitn in uarksviuo, on tne Monday In June next, 1897, plead, answer or demur to complain. ant's bill, or the same will lie taken lor con- fiwHCd as to him ami net lor hearlmtex parte: maia copyol inis oruer he nuiillntieu four consecutive weeks In the Clarksville Ukmi-wkeklt Leaf-Ciihoniole C.

1). HAII.EY. Clerk. LEECH tt SAVAOE, SOI TS lortollipl'I. County Court at Clarksville State of Tennessee.

Clekk's Officr, May 3, lti7. I Robinson Pettlt Company, complain ant, vs. W. B. Kincannon, Erd, Thomas et ala, defendants.

mm the defeiidnnt, K. M. Thomas, Is 1 fllorl In thla noil-nmeni ii iimninieiii i-ii newwrr Is therefore orlert that he enter his iipiM'nraneo Herein, oerore or wmiiii mc Iliree nsys or me nen lerm oi me County Court, to lie held at the court-house ClarHsviilo, on the Monday In June next, 1897, plead, answer or demur to complainant's hill, or the same will tie tiiken for confessed as to hi in and set for haniiii ei parte; that a copy of this order lc puhliHtied fiuir eonswutlve weeks In the Clarksville IH. C. 1.

IIAILEY, Clerk. Fortr ft Ncalks, Bol'ra for Compl't. May it, im. I I I I 1 i To to the the the it ff the Go ver" Na8hivlle, May 1. The legislature reassembled yesterday to wind up the business of the session, but a quorum being present in both branches some legislation was gotten through.

Both senate and house adopted a resolution to pay assistant attorneys general who were overlooked In the general appro priation bill. In the senate Speaker Thompson, with Mr. Ilouk In the chair, submitted a verbal renort from tne committee appointed to arrange for the legislature to take part in the oaIueiet(eOf'Tlne' Oehtehnial eipositionr-IIe stated that the gen- oral -assembly wa erpected 'to take part in the exercises and that a special car would be at the Union depot at 10 o'clock to-day to couVey the legiahv tors and their families to the exposal tion grounds. Mr. Thompson moved that the senate meeTln a body at lbe Union depot for the purpose of going to the grounds Thla motion was un- to adjourn at 4 o'clock this afternoon was adopted.

In the house a resolution to appro priate $4,000 for expenses of the State Board ot Charities was rejected. The State Capitol was tendered to the ex- Confederates for use during the June The senate bill, to pre vent attorneys going on bail bond failed for want of a. constitutional majority. The bill providing for the removal of eoloredinaane to buildings provided for them passed. A resolu tion pro vidlhg adopted.

'The Governor signed the assessment bill among others, but vetoed the bill reducing the fees of inspectors oi, imjIdig.and.lomjts8o increasing the jurisdiction of justices of the peace so as to give them final jurisdiction in cases not involving more than 50. jmong the bills signed by the gov ernor one of local interest was: An act to amend the charter of Clarksville. oooo An Enjoyable House Party. mere was a pieasani garnering at the home of Dr. J.

C. Meriwether, of Peacher Mj.Is, Saturday, to spend a few days and meet Mr. Eugene Davis, oi wew lor uny, wno is visiung ur. Meriwether. To all who have ever enjoyed the hospitality of the West ouW End Stock is needless to say that the time was most agreeably spent.

Miss Imogeno Smith, Dr. Jno, Barker, Miss Scales, Ed. Meriwether, Miss Mary Meriwether, Eugene Davis and Mr. and Mrs. W.

W. Barksdale composed the party. The young folks attended divine service at Hazeiwood, the pulpit being occupied by Rev. C. Clevelandof the University.

oooo Gory-Illctlcr. Mr. Lawrence Gory, foreman of the Stewart, Ralph Snuff left Sunday ight for Philadelphia, whor*, on next Wednesday night, he will be married to Miss Mary lllictler, an estimable young lady of that city. Mr. Gory is an old and trusted employee of this company, having been associated with It for fifteen years.

His employers and associates feel a keen interest In the approaching chango In bis fortunes and will wish for bitn and bis bride a long, happy and prosperous married life. Mr. Gory and bride Will Visit New York and Chicago, returning via the Nashville ExpoBitidn. On their re turn to Clarksvlllo they occupy tbe Boyd cottage on Home avenuo. That rasping in the throat is a forerunner of lung Irritation.

In Btich cases Dr. Boll's Tine Tar Honey gives Instant rilief. It Is fast becoming fam ous as a remt-dy for all affection of the throat, chest and lungs, IN. SOCIETY 1 1 10 la T- a i 1st and ana for In cause a It nisi In 1st and ami tor By Telephone to the Leal-Chronicle. 1 Cadiz, May 3.

Julian Wright, a prosperous young farmer and tobac conlat of this place, committed sal cide yesterday afternoon at 2 o'clock by ehoojing himerelf through the tern pie with a thirty-eight calibre revol ver. Wright left his boarding house soon after dinner on his horse to call upon Miss Plercey, who for some time had been his sweetheart, but when he arrivcsd.l the house joung lady's father refused to- let him come in, -whereupon he turned his horse around and riding to the young lady window drew pocket, aimed at his head and fired. old, prosperous and had been calling upon Miss Piercey for some time. His father and mother are both dead. The tragedy has created a great deal of excitement here, as both parties are well known Wright will be buried to-day.

NOTHING BUT, NEWS. McAllister Roads Thorough ly Done by Wide-Awake "Darwin." He, Too, Keports the Prevalence Of thj "Caterpillar Kears For the Fruit Trct-s. Special Correspondence Loaf-Chronlclo. 1 McAllister Ckoss Roads, May 3. The farmers have done more plowing in the last two weens tnan I nave seen done in the same length of time Mr.

Hugh McCauley, of Big Bot torn, is visiting relatives in this vicini ty. -Cyrus Jobe, of Beefrange, has JeWae visit to relatives in Stewart county Miss Minnie Hickerson, of Char lotte, is visiting relatives and friend in this and adjoining, neighborhoods Mrs. J. B. Bull died on the evening of April 19th at-l o'clockrShe was an estimable She leaves a husband and seven children.

Miss Annie Plummer, of this neighborhood, visiting her sister, Mrs. jrW. Batson Of th Qttreit City r. Conk- J. Bull is now singing by by, baby, td a new girl.

Miss Nora Harvey quite sick. -Little Acy Hooper, of our community, has feone to her nncle, Abe Hooper, to attend school near Caterpillars are much more numerous I than I have ever seen them. I fear they will de stroy many fruit trees if they are not soon -Nannie Lou, little 6-year-old daughter, of Geo. Abernathy, Is dangerously ill from the effects of Tobacco plants are plentiful and fine, some are ready to be transplanted. Most farm ers are about winding up planting corn.

More than four umea as mucn commercial fertilizers will bo used for both corn and tobacco this year than has ever been used about here before Miss Ada Hodges Is thought to be some better than she nas been tor some time. Measles is as thick as hail on Barton's Creek, with good prospects for it to spread to other lo calities. A 'telegram has just been sent for Dr. G. T.

Abernathy, of Erin, to wait ou Nannie Lou Abernathy Mre. J. D. McCurdy made her sis ters a visit beginning last Saturday and arriving at home again Monday evening. Mr.

W. B. McCurdy spent last Monday In Clarksville. W. D.

Swift and family and the family of R. D. Swift spent last Sunday with the family of A. J. Abernathy.

-Mr. A. L. Greou, of (Louise, and family' have moved to Marlon. Mr.

John Mark- lin, of Bear Spring, and family are now residents of Louise. Dr. John Brake was thrown from his horse Wedneaday nfght and considerably stunned for a while, but is in the saddle agiin. Rev. Geo.

E. Eubank, of SouthslJo, is in tjiis part of the pas ture looking after his flock, between appointments. Mrs. G. W.

Swift that hai one eve in that ha one eye in tlie top of Its head, so situated we presume to watch for hawks and preachers. 'Sqtjire R. A. Harvey and Mrs. IRobort U.

Gardner are visiting Mrs. J. W. Bat-son, of your city. Darwin.

For Sale. A No. 1 Jack, cheap for cash, or will exchange for work mules. G. R.

Fehj-ky, a2Id-jBW2t; Monday's dally. Indications are that the new minis try will assume greater direct mili control. The Greek victory at yeleatlno is confirmed, bat it is claim ed to be unimportant. It is expected that a decisive battle will be fought at Pharsalos to-day, when, if the Greeks are routed, it is believed that the war will be practically settled. Details of the retreat from Epirns show the Creeks have been as badly panic stricken aa the Crown Trinss'i axay, which field pell-mell from Mali and Larissa.

Reports that the Powers are "bat toraediatewe -T wo- linportaat. events ara booked in the senate of tlie United States this week. The Dingley tariff bill will be reported, and -oh Wednesday- vote will be taken on the arbitration treaty. The fate of the treaty Is re as "very canvass made BatnMay shows twenty-five votes against the treaty. Twenty nine votes in opposition are enough to defeat it.

Fire at Pittsburgh early this morn ing caused a loss of perhaps 42,000, 000. The fire started in the wholesale grocery house of T. Jenkins Co Liberty avenue, and spread rapid )y in both directions, extending also Into Pennsylvania avenue. The Universal Postal Congress will meet Wednesday in -Washington About 120 delegates will be present representing every organized govern ment except China, Corea and the Orange Free State. The resignation -Mr; Aiken, the supervising architect of the treasury is said to have been asked for.

An investigation into the office disclosed gross inefficiency in its management Gov. Johnson, of Alabama, has in terceded in behalf of two Mormon elders who were flogged in Jackson county, and has Tnade the sheriff of Weomycir'siial-eBeOTtr- iour men nave been arrested in Mercer, county for alleged toll-gate outrages and the shooting of Gate keeper Atkinson, and warrants for four others have been issued. R. II. Pattison, of Memphis, is tipped for Consul General to Calcutta, al though the Republican Congressmen from Tennessee indorsed James II Rale, of Knoxviile.

President McKinley is said to be -well pleased with the course of Oonsnl General Lee and in no hurry to choose bis successor. The opinion prevails among mem bers of Congress that there will be. no change at present in the tax on whisky. The danger points along the Mississippi levees are now from the mouth of Red river to the Arkansas lino. The Qrandset Rtmedy.

Mr. R. B. Greeve, merchant, of Cbllhowie, certifies that hnd consumption, was given up to die, sought all medical treatment that money could procure, tried all cough remedies he could hear ofr but got no relief; spent many nights sitting up in a chairj was induced to try Dr. King's New Discovery, and was cured by use of two bottles.

For past three years has been attending to business, end says Dr. King's New Discovery is the grandest remedy ever made, as it baa done so much for him and also for others In his community- Dr. King's New Discovery Is guaranteed foe, Coughs, Colds and It don't fall. Trial bottles free at Owen Moore's drug store. 2 SprlnR Humors, eruptions, hives bolls, pimples, soros, are perfectly and permananlly cured by Hood's Harsaparilla, tho best spring medicine and one true blood purifier.

Hood's Pills act easily and promptly on tho liver and bowels Cure sick headache. OAflTOllIA. alfuiiitt at music beat adapted to those words; tnat aCtt of these prizes be awarded by, the 'votes of delegates," one from each state in the.Union, who.shaU.be invited to meet in Nashville on the speel fled date. The delegates for the first decision should, or course, be selected with a view to literarv. those for the second to musical quaiincations.

If the awards could' made" before the 4tl of July it would not-be au mu suitable celebration of that day 16 tave -chorus of neiremired traitred voices to sing tbe nation's hymn in the exposition auditorium The members of the Musical-Liter- ary Club, and a few Invited guests, greatly enjoyed the Rubehstein even ing at the residence of Mrs. B. L. Rice. The program was not a fuU oneyowing to tlie lacOba'ClBeveraTorWe "niem- bers, who were expscted to take part, were unavoidably absent, but Mrs.

Rice is so charming and tactful a hostess that the evening passed delightfully, notwithstanding the somewhat meager program. The next meeting, uuuer lue "UHnoea ol r- tt W.hld at the residence of i'l' keriDff, ami Will be oevoieq to study of Wagner's compositions Tbe club will then adjourn for the summei vacation. oooo. Miss Van Zandt, tho Ameri can prima donna, has obtainedjhe distiuctiou of being nominated an of ficer of the French Academy. This consummate honor she ha? won after haviBg.beejl hissed from JhejBtageJn Paris, and is therefore the more com plimentary to her merits as a musi cian, and ha complete triumph oyer the injustice of her enemies.

LiuyoK A la i. A-new composer, whose Btar Las arisen on the Poly nesian horizon, is her serene majesty, LlliuokalanI, otherwise Jipoj as Mrs. Domiula. The good lady, whose fa vorite instrument is tlie autoharp, has recently composed 'an anthem for the Hawaiian people, and while we do not wish to make invidious comparisons, we have seen worse work done by many ambitious students, wno naa gotten their foreign training elsewhere than in the South Sea. Musical Age.

oooo For the benefit of composers in. this section who may wish to practice on a naitnni.f hvmn "7VBnrint a'nnoni'nfl "I fered.for thU. purpoao by 8. Fillmore Bennett, of Richmond, 111. It Is as foUows Thou who dotft build the solid state On Arm foundations, uncreate.

we ask in faitntuyguiamgiiana, Through loyal ho.irts and souls that daro Thou Qod, aloft our banner bear, Make this thy own, thy chosen land, America, America! Ood, honn ami Fatherland. homes that knit tlioc. Fatherland, In love's strong bond, a union grand, Who lovctb home, more lovcth thee! Each hearthstone is an altar where Trite hearts to the And grow the sonsof Jibertyl America, America! God, li'inio and Fatherland! Fatherland so broad and fair, Where'er thy children wanderers am, Their hearts still turn In love to thee. One only home they know one God, One Fatherland this sacred so! breathe whose air is liberty! America, America! God, home and Fatherland. Something- to Know.

It may be worth something to know that the very best Medicine for re storing tbe tired out nervous system a healthy Vigor is Electrio Bitters. This medicine is purely, vegetable, acts by giving tone to the nerve ccn. tres in the stomach, gently stimulates liver and kidneys, and aids theso organs in throwing off Impurities In blood. Electrio Bitters improves appetite, aids digestion, and in pronounced by thoso who have tried as the very best blood purifier and nerve tonic. Try It.

Hold for 60c. or 1.00 per bottle at Owen Moore's drug store. 2 j. ger." Function of tbe Government. "What ought to bo done now?" "We should first get the governmont mt ot tho '-business of Issuing credit our- rency.

That is not a proper function of government, Jn Jnj opinion. If pur troas- ury is to go iuto tlie banking business, the? note Issuing business, then It should In equipped with all tho powers of a hank. Tho treasury Is not a bank, and it would not bo wise to mako' it a complete bank. Having tuken tho government out of tho note issuing business, that should bo turn ed over to the banks. In this way tho banks, which deiiend for their life and strength upon tho business of tho country, should furnish the business world with Its credit currency.

"Would it bo necessary for tho banks to keep a gold reservef' Yes. They would havo to keep cold In prudent amounts for redemption of their 1 notes of Issue, just ns they now havo to maintain legal reservofor protection of their debitors. There Is where the gold reserve for protection of demand noU should be In tho banks and not In tho government. When tho'hanks redeemed a note, they could destroy It or reissuo It ac cording to tho needs of tryilo. There wo should get t'liistlcjty." On you thin tt wiso to give the bank tho jKiwer to -say how much or how Ilttlo money there shall t-o In the country to contract or expand tho volume of tho currency?" "Wh notf The bank may always be depended upon to keep Out ovory dollar' they ran use profitably, Thoycan usenotw profitably only when thero is a demand for them when customer will put up gissl security for the loan of them.

Any hunt, and fast rule, requiring tho banks to keep out just so much money all the tlmu, would -defeat the end in view." 'f lit subject, tism which Mr. Eckels, talks as an expert, Is pretty suro to bo ft leading toplo Is i'oro tho American people)' very mxm. W'altkk Wku.m an. CASTORIA For Infants and Children. 1 ,1" quite siekfbut Improving slowly.

A telegram was received by afriond Mr8 McCurJy btt9 a liltlo chick here Saturday from Hon. James A. ore Saturday from Hon. James A. McKcnzle, dated at New York City.

Tne minister renuestt'd that his wife be nbtifioIFby- telephone that he had arrivod, at New York safely, somewhat Improved iu health, and that he would leave for hom*o via Washington. I Bonrd Wanted. Limited number, either day or with lodging. Torms reasonable. Apply this dftlco.

02.1,(1 tw 2.. MADE. f'owilfr. Fi (lieinlultcii niUrdV A w': i.

Leaf-Chronicle Weekly from Clarksville, Tennessee (2024)
Top Articles
Latest Posts
Article information

Author: Stevie Stamm

Last Updated:

Views: 6033

Rating: 5 / 5 (60 voted)

Reviews: 83% of readers found this page helpful

Author information

Name: Stevie Stamm

Birthday: 1996-06-22

Address: Apt. 419 4200 Sipes Estate, East Delmerview, WY 05617

Phone: +342332224300

Job: Future Advertising Analyst

Hobby: Leather crafting, Puzzles, Leather crafting, scrapbook, Urban exploration, Cabaret, Skateboarding

Introduction: My name is Stevie Stamm, I am a colorful, sparkling, splendid, vast, open, hilarious, tender person who loves writing and wants to share my knowledge and understanding with you.