Daily Los Angeles herald., 1878-08-14

q vote Of $4,000. Governor told
that he had no wish for
the Presidency unless he were
in fairly. He spoke very
kindly and courteously If the
South.
Fatal Family Feud
AUGUSTA, Ga, Aug. 13.-A DIFF
ficulty occurred at Edgefield, s. c.,
to-day In which three men named
Brooker Toney, Thomas Booth and
James Booth were killed and seven
others wounded, one Of them NOR
tally. The trouble grew out of
family feud Of long standing. To-
ney's brother was killed several
years ago and Toney suspected that |
the murder was committed by the /
Booths. Ho therefore swore he
would kill the latter on sight. The
hostile parties met to-day when |
Toney proceeded to carry out his
threat. He drew a pistol and fired,
killing the two Booths before he
was shot himself. The friends of
both parties were drawn into the
fight and about seventeen shots
were feed in all. There was
Democratic political meeting in
progress ut the time, about half
mile from the village of Edgefield,
in which the shooting occurred
and Governor Hampton, who was
at the meeting, as soon as he heard
of the fight, ordered a company of
State troops to the scene. There
was no fighting after the soldiers
reached the spot. Toney killed
negro In Edgefield short time ago,
but this does not seem to have re-
suited in any curtailmept of his
liberty.
Speech Of ssaator Thurman.
HAMILTON, Ohio, August 13 .h.-l
Senator Thurman spoke to large
audience here to day. He first de-
Tended his action in accepting the |
Ohio Democratic platform and ar
gned that he was consistent in
that acceptance. He gave q series
of reasons for preferring green.
backs to national bank notes. They
were: First national bank
currency means the indefinite per.
petuatiOn OF the national debt.
Second-The national bank system
tends to combine, concentrate and
intensity the money power. Third
National bank circulation is u
special privilege that puts many
millions Of dollars annually into
the pockets of the shareholders
and takes as many millions out Of
the pockets of the people. He
went into an extended analysis OF
the State platform, showing that it
was not favorable to imitation or
kiting, but demanded what the
public had long asked for. He con-
Jinued: "Now, has the rule of the
Republican party since the close Of
the civil war, thirteen years ago,
been wise and beneficent?s 1 think
that this question must he answer
ed in the negative. 1t is not ne
cessary to GO into a detailed exam
inat!on Of all is measures, nor
could that be done in limited
speech, or, indeed. in q great many
speeches; nor is IL necessary to as
sert that all its measures have
been bad and injurious. 1t is sutli
cient to look at the general
result and see whether that
is good government and prosperity
or the reverse. Now, certainly, no
one will deny that this country has
for the last five years suffered as
perhaps no other country ever did
suffer from depression in every
branch of business. In every indus
trial occupation the entire body of
the producing classes-employers,
employees and middlemen, have
been affected. Bankruptcies are
numbered by tens, if not by hun
dreds of thousands and the aggre.
gate of losses almost defies compu-
tation. The number of laborers I
thrown out of employment or re-
duced to half time and diminished
wages has been estimated by mil.
lions, and however exaggerated
the estimate may be, the extent of
the evil has no parallel in the his.
tory OF this, if, indeed, 1t has in the
history of any people. Startling as
the fact and, at first view almost
incOmprehensible, that in country
whose population averages but
eleven persons to the square mile,
there have been and there are still
thousands destitute of bread. The
money interest alone has flourish
ed. He argued that a vast contrac-
ton had taken place. Even during
three and half years green.
backs had decreased thirty five
million and National Bank
notes twenty-nine millions, besides
forty. two millions ofgreenbackside.
posted for the redemption of bank
notes. OF the possibility of a re.
of specie payments he
said that Great Britain and France
are pre- eminently the hard money
of christendom. The
former has in coin and bullion
about So for every dollar of her
paper money. or course she can
specie payments at least
as long as she avoids war. France
has more metallic than paper
money and when at peace can
easily maintain specie payments,
but the United Stotes have at least
So in paper money for every dollar
in coin and even a little war or
change of the balance of trade
might, so long as that dispropor-
ton exists, make shipwreck of !
their pretended specie payments.
to the best Information
[ can obtain, the product Of our
mines is likely 10 fall off. 1t is
IL ka II. |
duct has been res ched ard that,
1nless new and valuable mines are
discovered, there will henceforth
% a steady decrease of production,
,ut nevertheless, If the balance of
,rade should continue in our favor
md the influx of god and silver
.ogether with the product of tho
mines, would enable US to begin
and maintain specie payments
quite as soon as justice to the debt.