davidaulloa/AmericanStories huggingface dataset:
The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1893-08-31
THE HOUSE REPEALS THE SHEER
MAN BILL.

BY vote of 24o to 100, the House
of Representatives yesterday adopted
the Wilson bill, repeating the Sher-
man silver purchasing act. This was
far greater majority for repeal in the
lower House than was anticipated, and
as a consequence will have an equally
greater influence throughout the
country in restoring financial con-
fidence. 1t now remains for the
Senate to act, and it is hard to
conceive how that body can fail to
agree with the action of the House,
expressing, as that action does, the
great voice of the American people.
The dawn of brighter times is at
hand. The panic we are passing
through has been produced by lack OF
credit confidence. The first step in
the restoration of business confidence
is the repeal of the Sherman act. The
representatives direct from the people
have recorded their verdict, and when
the Senate follows, new, strong faith
will spring up. The money that has
been withdrawn from circulation will
soon come forth from the lock-boxes
of deposit companies, the old stockings
and other hiding places. Hard times
will pass away. The calamity bowler
will 60 to the wall, money will be
plentiful, and the country will enter
upon an era of prosperity unequalled
and unprecedented in its history
Norfolk Vrginian.
The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1893-08-31

IT would be but small satisfaction
to the Republicans in Congress sto
put Cleveland in hole if by doing
so the whole country were put in a
hole with him. No party with re-
gard for its own interests, or the
general interests, can afford to seize
upon a critical opportunity like the
present simply to discredit the op-
position. The risk is too great to be
taken. The danger is too imminent
to be fooled with. Republicans and
Democrats, gold-bugs and silver
barons, Populists and all should unite
for the common welfare. The party
that fails of its duty in this crisis will
be loaded with larger responsibility
than it will ever be able to shake off.
Washington Post.
The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1893-08-31

EVERY once in a while somebody
raises kick against the State militia
and gets off a growl about the taxpayer
having to pay for the State encamp-
ment. Yet that same kicker would
gladly avail himself of the protection
of the militia were he or his property
in any way endangered. While there
seems no immediate need of the
soldiers, yet at various times they
have rendered very effectual service,
and in case of need are always ready.
In fact the State Guard constitutes a
small standing army, maintained at
almost no expense to the State, which
may at any time be of great service
to the State. As to the State encamp-
ments, it is needless to say that they
are necessary to the very existence OF
the militia, and it is absurd to say
that State like North Carolina is too
niggardly to spend a few thousand
dollars yearly for the maintenance Of
our splendid body of citizen soldiery.
The State Guard is something more
than an ornament und an honor tC
the State. 1t is an absolute necessity
and no good citizen should try to
depreciate or impair its efficiency and
usefulness.
The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1893-08-31

could be no expansion of the currency
that would work so quickly and so
satisfactory as to let loose from its
hiding place. the 81, roc, 900, 900 now in
this country. 1t was not so much the
quantity Of money as its quality that
would restore confidence Restore con-
fidence in the currency of the country.
Let every man understand that every
piece Of money in the United States was
as good as any other piece and the
money in the country would support the
credit which it represented, would move
the crops, and we would have what we
had not had recently-all blessings and
all encouragement of good stable
currency that would increase the pros
perity of the nation and give employment
to it's labor. Applause
The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1893-08-31
ABOUT RATIOS.

RATIOS, as applied to gold and
silver, running all the way from IS to
81 are being discussed at every step.
Sixteen to one at the present writing
seems to be the popular ratio, which
means that in the coinage, one grain
Of gold or one ounce of gold is equal
to sixteen grains or sixteen ounces of
silver. This of course means the
amount of pure metal in either dollar.
One silver dollar contains 412H grains
of silver and alloy-only 371A grains
of pure silver. This amount of pure
silver was fixed by Alexander Hamil-
ton the first Secretary of the Treasury.
The weight of the silver dollar has
changed, but the amount OF pure
silver-3714 grains in the dollar has
remained the same. Eighteen hundred
and ninety-three years ago, in Rome,
the relative value of gold to silver was
I to 9. That is, one ounce of gold
would exchange for nine ounces of
silver. At the time of the discovery
of America the ratio was I to 11.3.
In 1900 it was I to IS. In 1900 it
was I to 1872. In 1900 it was to
1876. In 1850, the proportion was
1914. In 1873 it was I to 1873. The
United States adopted the double
standard in 1892, at ratio of IS to I
of gold. Gold soon disappeared and
silver was made the sole coin in circu-
lation. In 1884 the necessity for
having gold in the currency led to an
alteration in the coinage ratio. To
be precise, the ratio became 15.9SS37
to I. The legal ratio, did not agree
with the market ratio, which was
1906 to I. In obedience to the
Gresham law, the cheaper coin dis
placed the dearer, and silver disap-
peared. This state of affairs continued
from 1887 to 1873. The fight is now
on for another readjustment.-Na-
iona! Economist.
The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1893-08-31
What Cuts the Throat OF the
Newspaper Business.

Last week the GOLD LEAF had
something to say about a school in
North Carolina which sent out one
inch advertisement, accompanied by
% lines of reading matter, with re-
quest that these be published all for
the sum of SO cents. We "couldn't
see it's it the light of accepting, how
ever much we are inclined to be rea-
sonable and obliging. A good many
papers did, we regret to say. Follow
ing this came another tempting ~ offer
of three testimonials from well known
college presidents, aggregating rs lines
or $50 words. For this so cents was
also offered. 1t is needless to say this
proposition went into the waste basket
along with the other, since it was
worth $3.50, or 10 cents line, which
price is charged and paid by our pat
rons at home. But we find the notices
in good many Of our exchanges, and
as the principals say the same PROPOSE
ton "goes without discrimination to
every State paper, Except three)," we
suppose its acceptance will be pretty
general. This is what cuts the throat
of the newspaper business in North
notwithstanding for nothing and
against the interest Of our home pat
rons at the same time. But the Con-
cord Standard does not propose to be
imposed upon in this way. It says:
If $3.50 is sent the name of the
school will be inserted. This prop
osition is more startling and tempting (?)
than any patent medicine proposition
we have ever seen. Give US rest from
such estimate of newspaper service.
This town has given that school over
$1,000, and it generously proposes to
send back so cents.
The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1893-08-31

AN Indiana preacher has got him =
self into trouble with the female
portion of his congregation and the
women of the community generally.
And justly SO. Any man, be he saint
or sinner, that reflects upon the fair
sex in the way the Rev. Mr.. Moore is
quoted as having done deserves to be
made the object of all the indignation
and spiteful things Gods last and best
gift to man can conjure up against
him. In a recent sermon he said
"God made the earth in six days and
then He rested then He made man
and rested again; then He made
woman and since that time neither
God nor man has had a rest" The
GOLD LEAF goes upon record as saying
it neither believes in Mr.. Moore's
theology nor his fool-hardiness as ex-
pressed above.
The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1893-08-31
BEGGS Is HIS NAME.

What is the name of the North
Carolinian who was valedictorian this
year at Yale University, Connecticut,
and who is reported as scoring the
highest average of scholarship that has
ever been made in that venerable and
distinguished institution of learning
1t has been often printed tina. North
Carolinian did this, but we have
not seen mention OF the name. So
successful and able youth deserves to
be Observation-Disclosures Messenger.
You are right. The whole State
ought to be proud of that boy. His
name is Beggs and his home is Hen.
Observation-Disclosures Observer.
The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1893-08-31

WERE some of the structures regard
ing the admission of the Chinese into
this country placed upon the Poles
and Hungarians there would be deal
less plundering and bloodshed to
record. Nearly every disturbance that
takes on the form of a riot has the
Anarchistic class at its head. While
this country opens its arms to all
peaceable, law abiding and industrious
new corners, it has no room for
assassins, thugs and malcontents.-
Germantown INDEPENDENT
This question of restricting foreign
immigration is one the United States
government will have to settle sooner
or later. In the closing sentence our
esteemed contemporary speaks the
truth, the whole truth and nothing but
the truth.
The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1893-08-31
IT ISN'T IN THE ORDINARY WAY

IT ISN'T IN THE ORDINARY WAY
shat Dr.. Pierceb Favorite Prescription comes
20 the weak and suffering woman who needs
t. It's guaranteed. Not with words merely;
any medicine can make claims and promises.
What h done with the Favorite Presaip-
>ionn Is this II it fails to benefit or cure, h
any case, your money Is returned. Can you
1sk any better proof that q medicine viii do
what Il promisesi
It's an invigorating, restorative tonic, Q
soothing and strengthening nervine, and :
certain remedy for the ills and ailments that
beset woman In "female complaint Of
svery hind, periodical pains, internal innana=
nation or liberation, beaTing-dowp senAf
tions, and all chronic weaknesses and n
Irregularities, it Il positive end complete
cure.
To every tired, overwUksd woman, and
TO every weak, nervous, and ailing one, Il =
The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1893-08-31
THE WORST is OVER.

The financial stringency, according
to all accounts, has about run its
course in the east. The New York
banks have given up the beautiful
scheme of throwing their discount
business into the hands of brokers, and
there is a general easing up in all
departments ofbusiness. Europe, being
able to get our wheat at her own
price, is willing to pay gold for it,,
and this element has had the effect Of
reassuring those who have unconsciously
formed the habit of worshiping the
yellow metal.
That the tension has been relieved
is shown by the character of the New
York bank statement which we print
this morning. The figures there given
stand for a marvellous improvement.
The banks are still cautious about
making loans, but the most significant
feature is shown in the increase OF
deposits. This shows that the business
public has come to the conclusion
that there is not much of panic any
way. The banks will have to relax a
little. The trouble began with them
and they now have an opportunity to
put summary end to it by resuming
business in the old way.
The truth is, boarded money is
nothing but truck and rubbish. When
it is taken out of the channels of trade
and business it loses its vitality. Those
who have been buying currency for
the purpose of boarding it have
doubtless discovered that they are
engaged in proftless job. Money
that is bought at a premium to be
stored away for an emergency that the
fear of loss has rendered impossible, is
very dear money indeed.
While all this boarding of money
has geen going on, the various business
and industrial institutions of the
country have been utilizing their credit
and giving it the shape of available
currency, and the ease with which this
has been doue shows that there has
been no loss of confidence on the part
of the public in either the credit of the
country or in the credit of institutions
and individuals.
We do not propose to discuss the
various cheap explanations of the
financial stringency. 1t is enough to
know and feel that the worst is over
that the strain is in measure relieved,
and that the South has displayed
marvellous strength in outstanding
the pressure that has been brought to
bear on her business and industrial
interests. These interests have de-
monstrated that they are on a solid
foundation, and they are as sound to-
day as they were when Wall street be-
gan the work of manufacturing a panic
for the purpose of forcing an issue Of
bonds.
The South is in a position to extend
its sympathies to the people of the
rest of the country who have been SO
seriously hit by the stringency. Now
that the worst is over, they will soon
recover from their temporary distress,
and even discover new channels for
their energies.-Atlanta Constitution.
The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1893-08-31
THURSDAY, AUG. 81, 1893.
|NV:ERgll ( q EEg} q
The clouds OF financial depression

The clouds of financial depression
are clearing away; business is i'm
proving and the outlook is altogether
more hopeful and encouraging. With
little patience all will be we'll in a
few weeks, and both creditors and
debtors will find their condition
materially improved.
The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1893-08-31

THE Berkeley Cryptic says ever
since the long haired Absalom told
the countrymen coming into Jeru-
salem that if the old man were out of
the way and he (Absalom) were king
they should have easy times, it has
been the fashion to abuse the king and
make promises of better times.
The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1893-08-31

THESE words are commended to the
earnest and thoughtful consideration
of President Cleveland and the law
making power Of the land-both
branches of Congress-but especially
to the Democratic party now in
power:
"Who saves his country saves all
things, and all things saved bless him ::
who lets his country die all things die
and all things dying curse him"
The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1893-08-31

LAST year we raised vast crop OF
wheat. The farmers and spectators
held it for a rise until the world
found its supply elsewhere. The
marketing was badly managed and
the golden hopes of the farmer failed.
Something like this also happened to
silver. Here is the explanation from
a resolution of the silver convention
in Chicago. First, Germany exacted
one thousand millions of gold from
France and demon cited silver, and
was followed by the Scandinavian
states throwing on the market five
hundred millions of silver. Secondly,
since that time the annual output OF
silver has increased from seventy-three
to one hundred and forty millions.
Silver has therefore falleE and miners
are out of job.-Berkley Graphic.
The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1893-08-31


THE national bank note circulation
has passed the s2oo, ooo, 900 mark.
The increase during the month has
been more than $4,000, 900, since
January 1st last more than $4,000
900.
The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1893-08-31

The Reidsville Reviev gets off the
following:
"Our Zeb" stands on the platform still,
While some away have fed
He swears he's for the Sherman bill
Or something in its stead.
The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1893-08-31
BucklenH, Arnfca Salve,

The best Salve in the world for Cuts,
Bruises, Sores, Ulcers, Salt Rheum. Fever
Sores, letter, Chapped Hands, Chilblaians
Corns, and all Skin Eruptions, and posi-
lively cures Piles, or no pay required. 1t
is guaranteed to give perfect satisfaction,
or money refunded. Price Is cents per
box. For sale by ". T. Cheatham, Jr.,
druggist.
The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1893-08-31

Shiloh's Cure, the Great Cough and
Group Cure, is for sale by us. Pocket size
contains twenty-five doses, only $50 Chill
dren love 1t. Sold by w. w. Parker.
The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1893-08-31

COMMENTING on the action of the
House in voting favorably on the
Wilson bill, the Baltimore Sun says {:
The Wilson bill, it should be
understood, repeats the clause Of the
Sherman act requiring the purchase of
100000 ounces of silver month
and the issue of treasury notes therefor.
1t reaffirms the legal-tender quality of
existing silver dollars and pledges the
credit of the United States "to
maintain the parity Of gold and
silver dollars. That part of the Sher-
man act which on July I, 1891,
stopped the coinage of silver dollars
except when required to redeem silver
bullion treasury notes, still stands.
What silver currency we have is to be
kept at par with gold, but its volume
is not to be added TO. Should the
Wilson bill be passed by the Senate
the country will be relieved from its
fears, and while Mr. Cleveland is
President will be secure against
further silver imitation or other
monetary lunaCy.
The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1893-08-31

AN exchange that is inclined to
look on the bright side of things,
says:
Slowly but surely the banks of the
great money centers are filling up with
currency. The Government minis are
coming to the rescue by issuing half
eagles and gold is coming across the
water in vast quantities. In time
people will get tired locking up
currency in strong boxes and stockings,
and they will discover that we have
more money in circulation than any
other nation in Christendom. There
is more money in the country to-day
than ever before. The scarcity of
currency is not due to business, but to
people keeping it in their pocket
books through a foolish scare.
The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1893-08-31

We desire a live agent and correspondent
at every postoffice in Vance and adjoining
counties.
Correspondence on all subjects OF local
and general interest and opinions upon
matters of public concern, are invited.
The editor will not be responsible for
the views or statements Of correspondents
and reserves the right at all times to
revise or reject any article he may think
proper.
One side, only, of the paper must be
written On-and the real name OF the
writer accompany the contribution. No
attention will be paid to anonymous let
ters
The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1893-08-31

HENRY CLEwS, the well known New
York fnancier, thinks the corner has
been turned in the money stringency,
and that the situation will soon be
changed for the better. Last week he
expressed himself on the subject as
follows:
The most encouraging feature in
the recent gloomy situation is that the
New York banks have gained this
week in the aggregate quite large
amount in deposits; one bank alone
that does an out -of-town business has
gained sI,75o,ooo, and the current
still continues. Bank presidents have
now courage enough to say that they
think the corner has been passed.
They expect that before the end of
next week currency will cease to sell
at premium"
The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1893-08-31

The season at Morehead City IS
over and the Atlantic Hotel, under
the excellent management of Mr.. B..
L. Perry, has closed. The New Berne
Journal says:
The season just closed ranks among
the pleasantest in the history of the
hotel. Mr.. Perry, his estimablc wife
and all connected with the hotel have
Wed with each other in making the
stay of those who sojourned there
during, the summer, delightful and
how we'll they succeeded is fully
attested by the praises sounded by
them from the first day the hn;el
opened till its close. The great success
in this direction is harbinger Of 4
brilliant season for 1904.
The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1893-08-31

Mr.. Wilson said that q question of
that kind must be answered in the light
of experience, not in the light of pro-
phecy. In the light of the experience of
France, of the Scandinavian nations, of
Canada, of Holland and OF Java, he
could merely repeat his remark that the
passage of this bill would at once and
forever restore silver to a parity with
gold, and there would be no necessity for
the Government to issue bonds for any
purpose. [Applause.] 1t carried with
it not only a promise OF maintenance of
parity between gold and silver, but it
carried a parity. [Applause.
Mr.. McMillin inquired whether the
gentleman proposed to follow this bill
up with proposition for free coinage.
fed that it was the earnest desire of the
support the existing silver circulation in
this country, but to increase the issue OF
| silver currency to the utmost extent it
was safe to do so, and to keep silver on
a parity with gold. CApplause.]
Gentlemen complained that prices had
fallen. Why should gentlemen complain
of this when the prices of labor had gone
| up? Was not that the emancipation of
man from constant pressure? If men
could gather time for their own cuitiva-
ton, if they could surround themselves
with Injuries, were gentlemen going to
declaim against them? Applause.
| Now for the benefits which would
| accrue from this bill. The first benefit
| was the restoration OF confidence among
| the people in their own money. Just az
soon as we drew the line and said that
| for the present at least We would purchase
no more silver, every dollar now in
existence in this country would be as
good as any other dollar and men would
not care in what dollar-gold, silver OF
paper-his debts would be paid. There
The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-03-10

Simultaneous are like some women's hearts
the richest jewels In creation.
He-And the hardest. -Bltn.
LoFrus-What sort of a dog is that you have
"a pointer?
spotly-No; adisappointer.-
A CLOSE SrIcKKR-O, well, now. / think
Wooden is very fair fellow as far as he goes.
Miss Smax-That's lust the trouble; he never
goes at all.-Boston Courier.
BELLows-When your mother-in-law was SICK
did you fear she would die?
Fellows-N-no; l thought she'd die, but l
wasn't afraid--BrooklyH Life.
"How DID you raise the money for that dia
Inond ring you gave old Roxes' daughterY"
Borrowed it on the strength of being about
to become old Roxes' son-in-law."
HAwKER-So MinRs has moved to Chicago,
chr Is he making it go therel
DiXby-Makng it go l should SMILE He's
motorrnnn ON a street eaE---Iron Press-
"YEs," she said, II shall marry Harold, for l
know he loves me-"
"Howf"
He watched me sharpen a pencil and didn't
laugh"
Personal MAGSETIsM.-Jeweler-You our watch
Is maRnetized. Have you been near dynamo
or riding on the electric cars recently
Jim Hickey-No; but I've been-er-calling a
! good deal on very attractive young lady.
| Puck.
Nor RESPONSIBLE. Jess-Stalate threatens
| Miss Sears with breach of promise suit.
| Bess--What is her defense?
Jess-That on the night he proposed she was
| too sleepy to be sponsible.-Brounino, KING
| dc Co.'s Monthly.
WHAT SHE ExPECTED.-Mabel-I don't like
Harold Hilltop; he's always trying to kiss M.
Claire-WhAt do you expect him to doy Never
| try
Mabel-N-no, not exactly. But he might sue
| coed once in awhile.-Detroit Free Press.
| A PHYSICIAN found one of his patients sitting
| in the bath and swallowing dose OF medicine
| What are you doing there instead of being in
! bedT' inquired the astonished practitioner. and
| the patient quickly responded well, you told
| me TO take the medicine in water and that's
! what I'm doing. '-DrHOqists' Erchdnge,
FIRST ARTIsT-Well, old man, how's bust
ness2
Second Artistic, splendid Got commits
! sion this morning from q millionaire. Wants
| his children painted very badly.
First Artist pleasantly my boy
you re the very man for the tob-Etfe