The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1895-09-24

tic is Walter Fl. Page, formerly editor
of the Forum, says the Springfield Re
publican.
1t goes out from Washington that Sec
rotary Carlisle will recommend to Con-
gress, when it assemblies in December, the
plan for a banking currency recon-
mended by him at the last session of
Congress.
The State Auditors report shows that
the banking capital in this State was
$7,130,711 July 1st last, while on the
same date in 1892 it was Sc, 582, 600.
There has been an even larger increase
in the capital of manufacturing estab
lishments.
The cotton planters of the South are
this year receiving about 3 cents pound
more for their cotton than they got last
year. This is an advance of about SIS
a bale. Estimating the crop this year at
5000, 900 bales, which is 1000, 900 I'M
der some of the estimates. the cents
pound will bring $4,000 900 m0e into
the cotton States than last year
A wall-known Democrat who has been
over a large portion of North Carolina
in the past few days, says he does not
hear of many Democrats who are going
to attend the free silver convention at
Raleigh on the Goth instant. Many
would have attended such convention
held entirely within Democratic circles,
but they disapproVe of a Democratic
Populst- Republican tumble. Whining
ton Messenger.
1.-THE opportunity to earn a dollar in a
factory just now is worth infinitely
more than the opportunity to spend
dollar in an opera house. No
race can prosper until it learns that
there Is as much dignity~in tilling field
as in writing poem. IT. is at the bot
tom of life we must begin, and not at
the top. Nor should we permit our
grievances to overshadow our opp0rtu
Extract from speech of Prof.
Booker T. Washington (col } at the open
ing Of the Atlanta Exposition.
The remarkable statement is made that
the S75, 600 handed by Cardinal Gibbons
to the Pope on the occasion of the for
Iners recent visit to Rome has already
vanished. 1t was deposited by the holy
father for safe keeping in The eminently
respectable Bingen Bank of Genoa and
Rome, which came to grief recently.
This is said to be the second time that
money subscribed for the Vatican has
been lost owing to the insecurity of Ital-
ian banks and the lack Of honesty of Ro-
man fnanciers.
After listening attentively to the
speeches of Butler and Henry we ex-
press the opinion that they gave no good
reason why free silver Democrat, or
any other sort of Democrat, should
leave his party We are more firmly
convinced than ever that the political
salvation of this country is in the old
Democratic party. Let Democrats stand
by their convictions and preach true
Democracy. Sooner or later the truth
will prevail. Charlotte News.
Governor Woodbury., Of Vermont, was
so wanting in tact or comprehension as
to say in a speech at the dedication exer-
Ci,es at Chattano0l a Friday that
during tlc Wal GdCH sue DCilCFCu ~
was right, but now the Southerners
would have to teach their children the
South was wrong" Governor Tnrney,
Tennessee, at once corrected him by
saying that during the civil war he
thought he was right and still thinks so.
mo one," he said. lis more loyal to the
government, but can never be con-
WINGED that the South was wrong"
one of the impressive incidents in the
ceremonies not down in the bills at the
dedication of the Chattanooga and Chick
amauga Military Park was when Gen.
Gordon, of Georgia, arose and, holding
aloft his hand, said; Il have here a
button drenched with blood, taken from
the coat of the poet soldier, George
Lyle, author of the well known lines be-
ginning, II am dying, Egypt, dying, y
who fell on this immortal field. 1t was
cut from his coat by g. @. Lindsay, col
or-bearer of the 10th Mississippi regi-
Inent. who authorizes me to present it to
any friend Ct that hero who will accept
and cherish it, and hand it down to pos
terity" Then the nephew of George
Lyle came forward and received the
precious relic from Gen. Gordon's hands.