Spirit of Jefferson. [volume] (Charles Town, Va. [W. Va.]) 1844-1948, 1888-08-28
MISCELLANEOUS.
Monthly Auction Trade journal
for August.

post seek investment ON bonds and other col
aterals of discount and premium. Al thro the
twelv cvcntful years just gon by. incrcas in
volume and rapidity has vastly exceeded our
capital, until hemd in by walls that bind us yet
| two years, capital has passed in aggregate the
demands of :: cash before delivery" purchases
and the surplus is looking ont for incom-not
in costly buildings or land-not in mills or fac
| tories-no bonds, Vegetables stox- or other f.
uancial craft, sailing aloft to-da, tomoro sunk
beneath the dark waves forever, but in the
creation of an army-mercantile gladitors, TO
| sweep from this prosperous and hapy land the
last vestige of barbarism and slarery-fredom
from the feters of credit tyrany. Armd to the
teeth with double-cdged Damascus blades of
real values and loded TO the very muzlc with
bullion. This army of rebel conscripts fighting
on the inner line. but on the agresiv and pro-
gresiv, propose simply TO ''waIk over" and
'chaw up" the old antedeluvian hundred-pcr-
center, who charges the same tuf tariff whether
they pay or not
Desertcrs from the rank of the barbaric
brothers credit and partnership vii be us well
como as the young untried aspirant of fifteen
who has sworn that he vii melt down into solid
results in five years of chd's play the life time
| struggle of his father who had counted himself
as one Of the successful six out of the hundred.
This ritter does not seek to disgisc his hatred of
this internal credit system-and not alone for
this, not yet for revenge, for timc, money and
tprestgcslost in the titanik, but unequal strugle
of the long past, but far abov thes and al other
considerations, becaHs the day for the mnle
team and tallow candle, and the blood poison
! of the ledger has gQu by Credit goods wilnot
bring cash whcr tie rebel uneonditIonaI who
buys for bullion, and fires low for the almighty
dollar alone has his say and way. To obliter-
| ate from the mercantile calendar this relic of
slavery-this monstrosity of this advanced era
of civilization's onward march-this pioneer of
Revolution and reconstruction viii invest one
million dollars to begin the magic and tragic
play. Tia who vii live long after this author
| has Joined the great majority may say in truth
aud candof he cd not take it along into the
eternal but he did more. He laid the founda-
ti0n of q tru system over the bones OF the great
Caesars and Czars of credit"
Under the bullion baner VIC shal gather men
of no uncertain step or doubtful calibre or
character, but iron men of unquivering nerve
and dauntlcs resolution. Integrity and ability
with single ounce of gold and u ton of pure
pluk will outrank the fellow with thousands and
and cider mil, and in live and ded and buried
stok; 'onc penny pound" We shall enlist
brain, bundles of cat-gut and backbone, who
will alite into a ded and slumbering city, and
intensity and galvanize it into living, throbing,
thrilling life after the style of some of our he
roic daredevils who, like the storm and whirI-
wind and cyclone had npheaved, the old ded
lumber, and built upon its ashes, progres, for
tune and success. Chivalros enthusiasts who
had in a single day almost. torn from proud
opresion its himsy mask-wrung from the
masses the feters of tcnfoid taxation, and
taught them the vital value of money down.
For twelv terifk years the author of " Cash
before delivery has been pleading with over
one million merchants of the Z. s. to abandon
the rotten hulks of credit crafts before tina went
to the bottom, and in all thcs years has hurld
agenst the barbaric brothers, pards and time,
his thundcrbolts of bullion; and firing at long
range is not so efcctiv Us the dedly graple at
close quarters wher one or the other must give
way. But the moment we planted our repre-
sentatives in the fclds-thc moment the old
regular felt the cold steel of that damascus
blade, real values from under the hamer, and
cut at uniform nurderous twcDty-fve-per-
ccut-profit-wbeH he saw his stiff, steep, unfair
figures slasht- in two, or Wors, when he Eaw
the cash independent selling at ten, the iden-
tical item he charged twenty-five for, and that
his idiotic wall of auction trash only nailed
his coffin bolts the titer-when he read the
rebel ruf riders uItirnatum under his blak flag.
he felt that the long years of resolution, hop
ing against hope that something wud turn up,
were over and that two alternatives faced him.
demanding instant decision-Iiberty or death.
Liberty from credit OPPRESSION, or deth in the
swet box of unlimited time-and do tha ask
which way tina jumps
Look around you in your own native hills
and valleys, in every State wherever the
% Twenty-Five per-center" has opened his uu-
answerable batteries, and Sc how the old six
and twelve months regulars are beginning to
snuff and sneeze at the bare mention a. charge
il as if ded polekat lay on his desk. The
old fascination and inducernent of "pay when
you please has lostits charm with peple who
mean TO pay, when acros the street the ROUSS
SYSTEM is playing hel with IoBg wiDded swet
book quotations that are simply monstrous--
Hundreds of clear headed merchants who
can't jump from the fatal trap in a day, hay
cleared one counter of their store and placed a
single line in their newspaper-had started the
cry, opposition had unwfttingly added its fe-
bel vel of " auction goods" and the next morn
ing that racket counter had imortaIized its
plucky owner. and tho uystik problem had
unraveled its mysteries in a day. He had
often red, but had never before felt the force
of the single line that had awakened him from
the fatal slumber of the prime of his lost life
underbuy. undersel, cash down.
Next morning brite and early, the crowd
WAS on hand in fuII force and hungry for real
values, the drummer from credit headquarters