South Branch intelligencer. [volume] (Romney, Va. [W. Va.]) 1830-1896, 1881-08-19
Money of the Country.

Comptroller Knox of the Treasury
Department, in a paper read before
the Bankers Convention Mt Niagara
Falls, gives this statement of the
amount OF money in the country and
the kind of ii, on the 1st of May last.
May !, 1881. Amount.
Cold coin $500. 900 900
Silver coin .172 ,07LS27
Silver certificates. 80. 157. $40
Lesal-iender notes. j II. 6S1 ,0l6
National bank notes. $500. 352 500, 56I
Total 81 ,430, sic. $50
Here is volume of money that
ought to satisfy the hungriest or Green
backers-nearly $40 for every soul of
the population. Its shown that 1913,
$4,000 of this was i'm the Treasury I;
1928, 744 900 in the National banks !;
"A, $50 900 in the State banks; and
H,O72, 000in the savings ban. -leav-
ing Ss71,3S2, 600 in the hands of the
people.
The Comptroller refers to the pre-
ference of the people for paper money.
The people throughout the country
says he, everywhere ask for paper,
and the banks find difficulty in sup
plying the demand, and like difficult
ty in inducing their dealers to
accept coin in payment" Even
the preference of the Treasury it
self for paper money was 80 great
that it Is only recently that the banks
have been permitted to redeem their
circulation at the Treasury in gold
coin of the Constitution. The Comp
troller seems to lament this popular
desire for paper money, since it may
cause the people to forget that legal
tenders and National bank notes are
not real money, but only promises to
pay real money.-Cumberland times.
FLUSH Times in.Georgia.-A cor
respondent OF the Philadelphia Press,
cites IL number of cases Illustrative OF
the flush times prevailing in Georgia.
Contractors state that there never was
in the history OF Georgia one half the
number OF buildings under contract
and hammer and trowel IA at present.
In Atlanta especially is the boom APP
parent There are two bills before
the Legislature to build belt railroad
around the city, and both companies
are organized and have the capital in
hand to build rs soon "a the charter
is granted. Two bills are also before
the Legislature for charters To build a
canal 10 Atlanta, e'of which pro-
poses to bring water distance OF
forty miles at cost OF eight or ten
millions of dollars. Another cotton
factory, two plow factories, agricultu-
raj works a mammoth steam grain
elevator, and an unprecedented mum
Der of business houses and private
residences are now i'm course OF con-
structicn. Other cities in Georgia are
proportionately favorably affected by
the recent railroad changes. at Rome
property has recently advanced sew
enty five per cent in value because OF
the same railroad changes, whilst in
Augusta two more large cotton facto-
ricS are being erected, and another
with a capital of 100000 is being
organized. The State government
is being honestly and economically
administered and peace and order go
hand in hand with material prosperity.
The Mother Of Seven Soldiers
Mrs. Cynthia Watson, widow OF James
| +. Watson, OF Botetourt county, Va,
who died last week, contributed seven
sons to the Confederate army, one of
whom followed Gen. Picket in the
fatal charge at Gettysburg and scaled
the enemy's breastworks. and strange
~ escaped unhurt When at the
close of the war the family roll was
called, every son, after the lapse Of
four years Of carnage and death an
swered to his name around the family
hearthstone, and this noble woman
: then and there offered sincere pray
or OF thanks that her humble supplica-
| tons to the divine throne had been
heard and answered, and reverently
placing her trembling hand upon the
heads OF the bronzed veterans she 80
much loved. exclaimed: Thank God,
we are all here again ! Among the
numerous mourncrs at her funeral
were twelve of her own children-two
who would otherwise have been pres
cnt having been detained at home by
illness. --Lynchburg VA News.
TIRED OF THE PROUD WORLD
Council Bluffs. August 1.-THE de-
composed body Of a medium sized
man was found in the woods n few
miles from tie city. BY the side OF
hi- body lay AN English Boil Dog
revolver, with one chamber empty,
aud the head of the deceased, from
temple 10 temple, was torn by bullet.
/ On the body was found q well-writ-
ten note ia German, stating that the
writer had grown tired Of life, and, as
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