davidaulloa/AmericanStories huggingface dataset:
The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1895-08-13
CAPITALIZATION AND VALUA.
TON OF RAILWAY PROPERTY.

The total amount of reported railway
capital on June 80, 1894, was $40, 1885,
473, 81S, or $62, 951 per mile of line. This
is an increase in the amount outstand
ing during the year of 1920, 238, 403.
The amount of capital stock was $4,-
1874, O75 $50, of which 81 1O3, 594, 1865 was
common stock, and $3.50, 491, 493 was
preferred stock. The funded debt was
SIS, 3F6 583 .O19, classified es follows:
Bonds, "a, 593 931, 754; Miscellaneous
obligations, 1856 277 $50; Income bonds
$242. 4o3 681, and Equipment trust obli-
cations, 500 97O, gO4. The amount of
curI liabilities was $6O5. 815, 1875
The amount of railway securities held
by the railways as an investment was
81, 544 .O58, $40, a decrease during the
year of $18. 963. 563
The amount of stock paying no diyi
dend 60, O66 $50, O94 or 63 So per cent.
of the total amount. OF the stock pay
ing dividends, 4 81 per cent. of the
total stock paid from 4 to 5 per cent.
10 IL per cent. paid from 5 to 6 per
cent. 5 II per cent. paid from 6 t. 2
per cent. and 5 40 per cent. paid from
z to 8 per cent. The total amoun of
dividends was $95. 575, 976, or an aver.
age rate on the dividend paying stock
OF 5 Al per cent. The amount of inter.
est was $3.50, 573. 7s9, or IA II per E
The amount of miscellaneous obliea
tions paying no interest was $50. 427
264, or I'LL per cent ; and the amount
of income bonds paying no interest was
500, 757. 554, or Sc "a per cent.
The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1895-08-13
HoNoRs ABOUT EVEN.

Our humorous Democratic friends
r still getting off jokes on the public
and az public expense. They are gold
bugs in goldbug States and silverbugs
elsewhere. Kentucky opened the ball
by nominating a silver candidate on a
gold platform. Maryland and Iowa
followed suit and reversed things a lit
tie by nominating gold men on a gold
platform. In one or two inst Gnces sill
yer men were sand wiched in between.
The silver men have won in Missis-
sippi, Illinois and Missouri, making
silver platforms and nominating silver
candidates for State officers.
We guess there is no way to avoid
these jokes. Turn in any direction and
you are confronted with these pun
makers, clowns, co~ntortionists, hyp-
notists and bareback riders Of two
horses going in opposite directions.
The public are getting on to the jokes
at a rapid rate, but the American peo-
pie like to be humbugged. One of our
exchanges declares that the only way
the Democrats can carry North Caro-.
lima next year is to declare for the free
coinage of silver (as though they didn't
do this in 1890. Tney may do this
again next year. If so, the people will
have another good laugh. It is funny
indeed to stand off and watch the Dem
ocratic leaders in North Carolina water
ing the flowers planted at the grave Of
prosperity with their tears, while at
the same time they have a gang of
thugs and hoodlums at Washington
demonetiziDg silver and laying plans
to keep it demonetiz ID. The combined
powers of hades, New York and Lon
don cannot concoct a more hypocritical
farce. But they are bent On self de
struction, and will continue their jokes,
Let EN- alone.
The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1895-08-13
AN Y OPENER.

The money changers of Europe, un
der present conditions have every ma
ton of the world by the throat. They
have their enormous capital in such
shape that they can command it It a
moments notice. 1t is estimated gen
orally that the cash money of the world
is only about 81, 900, 900, 900, says the
Farmers Voice. If that is correct then
it can readily be seen that men like the
Rothschilds, the usurers of the world,
can readily corner all the cash and
practically own all the wealth in the
world. A recent writer thinks that
81, 900, 600, 900 is entirely too low an
estimate, and from most excellent ia
cilities for forming a correct opinion,
expresses the opinion that the cash and
money value of gold and silver in
Europe will reach $50, 600, 900, 600 Sup
pose that to be true. We claim in the
United States an accumulated capital
$50, 900, 900, 900. If Europe possesses
money metals and cash to the value of
$50, 600, 900 900, then Europe, in a pinch,
has pretty nearly enough money to
offset the accommodations of a cen
fury in this country and could force
the nation to the wall, 1t is a dilemma
with two horns. If the money of the
world" is limited, Europe has the bulge
on us 1t the money Of the world" is
~severally estimated, and European
Shylocks own it, Europe still has the
bulge on us, and yet there exists in
this country the marvellous stupidity
that thinks we should not declare our
independence of European financial
methods. These European money
loaners grow fat On the necessities of
nations. Toey have agents at all
points watching for opportunities to
suck the hearts blood from the people
of the worlds Industries. They can
produce a panic whenever they like,
and they do it as often as there is profit
in doing it; and the reign of such a
cut throat ~oligarchy simply means uni
versal bankruptcy in time. Better, ten
thousand times better, for this country
to build a wall about itself, and live
within itself, using chips or colncobs
as a medium of exchange, than to go
steadily on pouring out its life for the
enrichment of the SO Shylocks with ruin
at last as the reward for it's sevility to
foreign greed.
The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1895-08-13
PUSH rHk ALLIANCE WORK.

Now that the ''busy season" with the
farmers will soon be over, the members
of the Alliance should take renewed
interestfn the Order, says the Tulare
County News.
Every Sub-Alliance that has not been
meeting regularly should call a special
meeting, reorganizs and again fall in
line with the procession of wealth pro-
ducers, marching forward in the reform
work which means better conditions
for the indu strial class. They have
tried incessant toll without organized
effort to combat the successful attempt
of the exploiting class to absorb the
fruits of their labor sufficiently to
prove it a failure.
There seems to be a disposition a
ifested, upon the part of many of~the
farmers, who have awakened to their
true condition, to try and secur a
remedy if possible before they are
forced to the wall by the unfavorable
conditions surrounding them.
We are in receipt of many letters re-
garding this matter, indicating a new
era in the organized effort on the part
of the agricultural class for relief.
The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1895-08-13
FIAT MONEY.

Yes, we believe in fat money. We
go farther, we do not believe there is
any other kind of money but fiat money.
You say we ought to be ashamed of it?
Well, not if you r not afraid to read
anything in opposition to your side.
Glance on down this column and you
will see what kind of authority we
have for out faith.
Aristotle: Money exists not by
nature. but by law
"EncyclOpaei liza Britannica: TIE
theory of the intrinsic value of money
has been abandoned by the best writer's
and speakers
Henry Clay: Whatever the gov
eminent agrees to receive in payment
of the public dues is money, no matter
what its form may be-
John Stewart Mills: There is no
more insignificant thing, in~trinsically,
in the economy of society than money
"Ex- Attorney General Alderman:
Money is not a substance, but an i'm
preston of ~authority-a printed legal
decree
North British Review: Metallic
money, while acting as coin, is Identical
with paper money in respect to being
destitute of intrinsic value
American Encyclopaedia: An arti-
Gle is determined to be money by rea-
son of the performance by it of certain
functions without regard to it's formor
substance
Charlie Moran, of France, author
of a great work on money: Metallic
money, whilst acting as money, is
Identical with paper money in respect
of being destitute of value Coin, SO
long as it circulates for the purpose of
buying and selling, loses it's intrinsic
value. As commodities, gold and sill
yer are capital, but as money they are
mere representatives of value
I'm Buckles matehless History of
English Civiliz alton" occurs the follow
ing Vol. 1, p. 1860: Gold and silver
(money) are not wealth, but are merely
representative of wealth. Money is no
possible use to a nation except to meas
ure and circulate its riches. '-Hender-
son, KY Courier.
The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1895-08-13
ALLIANCE T

The South Carolina State ALL.
meets at Columbia August 25,b @uoe
Arkansas State Alliance will mao.
Little Rock on the goth instant 00's at
The Alliance picnic at Carv Tbr..,
promises to be a grand success, FaS
Alianceman should take somotb:y
for the dinner. 0g
The L L Polk Alliance. in this -
is growing. A new member il oo;y,
nearly every meeting. At q mootiS SO
last Friday night the members nroSu
took nearly 800 worth of stock in ~
shoe factory. ''
The Mecklenburg County AIion.,
membership has nearly doubled in AZ
past three months. Other conrt;I
show a decided improvement pS<
others show a decrease. This, bowo1o.
is attributed to failure to paw duao ~
not to Indifference.
The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1895-08-13
NEBRASKA FARMER IN TAR
HEELDOM,

Mr.. H. T. Chandler, of Nebraska,
has charge of the we'll known Calling
farm just east of the city limits, pear
the Federal cemetery. He came there
last December.
Mr.. Chandler has some of nearly all
the staple crops grown in North Caro-
lima, including some cotton, all of
which promises a good yield. In addi-
ton he has raised pretty much of ave.
rytbing grown in this or any other
country in garden or on a truck farm.
Potatoes, cabbage, beets, onions, beans,
peas, melons, cantaloupes, cucumbers,
are a few of the crops he has for sale.
He also has peanuts growing, and is
experimenting with the sugar beet,
which is is 81 largely grown in Ne
braska, and has taken the place of cane
in the m anutacture Of sugar. This beet
is growing now to perfection, and eve
rything points to C This will
be an important Industry in our State.
Sugar factories are among the proba
bilities, and b9fore many years elapse,
too, "E.
Mr.. Chandler is also raising fine
chickens for breeding purpose and
Poland China pigs (~probably the best
breed of swine in the markell He is
clever and energetic, and by raising
such a variety Of crops, is bound to win
in the race. North Carolina has a
standing welcome for all such people
as desire to settle and live amongst us.
The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1895-08-13

motors in transportation. It still re-
mains that the fall of prices ~grievously
increases the burden of debts and
seriously discourages the enterprise of
a people.
If the use of silver would have pre-
vented these evils or mitigated them,
it was a crime to discontinue that use.
If the use as money of the princely
silver wealth of America will now
modify the grinding pressure of debt,
equalize the relation of money to pro-
duction and lessen the disasters which
follow upon a state of too much debt
paper and too little cash for liquida-
tion, then the government cannot too
quickly restore the free coinage of
silver.
The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1895-08-13
srArR ALLIANCE MEETING.

The ninth annual meeting of the
North Carolina State Alliance will be
held at Cary this week, beginning to-
day. New officers and committees
will be elected. We sincerely hope
that no mistakes will be made. Some
six months ago the National Alliance
met in this city. If a single one of the
officers has done anything in the inter
est of the order Of sufficient Importance
to get either favorable or u~nfavorable
criticism from the newspapers, friendly
or otherwise, it has escaped our notice.
We want active, working officials. The
situation is too serious for Rip Van
Wrinkle tactics. 1t seems to US that
the officers of a great reform organlza
ton ought to be heard from o ana
then. They ought to merit a gooo
deal of praise, or abuse, or some OF
both Let the State Alliance select and
elect men who will made it hot for
pIutocracy and keep the membership
enthused. Oar State has generally
been fortunate in this particular.
Aside from the regular routine work
the proposed shoe factory will claim
attention. It will, must and shall be
established. 1t will prove to be the
greatest forward step yet taken by
our organization, and will save our
membership hundreds of thousands of
dollars annually.
On Thursday, the last day Of the
session, a grand picnic and dinner will
be the leading feature. A picnic with
out dinner would not be a picnic.
Hence the Importance of preparing
plenty to feed the thousands who will
be there. Hoe. J. @. Sibley, of Penn
sylvania, orator, philanthropist, states
man and patriot, will be the orator of
the day. He telegraphs that he will
certainly be there. Other speakers
will also be present. Come.
The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1895-08-13
SCHOOL FOR DEAF AND DUMB

When the new deaf and dumb asy-
lum was built at Morganton, it was
wisely decided that the unfortunate
children should be separated. All the
blind children are now at the Raleigh
asylum and the deaf and dumb are at
Morganton. This plan is by far the
better one
The new institution for the deaf and
dumb is situated near Morganton, in one
of the healthiest sections in the State.
Prof. E. Mex Goodwin is Superintend-
emit. He was connected with the Raj
eigh institution for several years. He
has an able corps of associates, all
thoroughly posted in teaching the deaf
and dumb, and the results are wonder
full. If any children must go without
an education, let it be those who are
not afflicted. The poor deaf and dumb
are at great enough disadvantage with
out being left in ignorance.
We understand that Prof. Goodwin
has applications for the admission of
$50 pupils for the session beginning
Sept. 18th. The building will accom-
modate 200, heLce there is room for
twenty more. Board and tuition is
entirely free, the parents paying for
nothing except clothing, and this can
be made at home. Write to Prof.
Goodwin for particulars and send your
deaf and dumb children to this school
by all means.
The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1895-08-13
COAL MINERS WIN.

The dull times and enforced idlenees
have not, it is hoped, been without
some corresponding advantages. While
waiting for a chance to go to work, the
labor organizations have perfected and
strengthened their unions materially.
In proof Of this, the recent tailoFs'
strike in New York may be mentioned.
Fifteen thousand tailors stopped work,
and in a few days gained what was
asked for.
The coal mir ers have not been idle,
either, so far as organizing goes. At
Pittsburg, Pa, a few days ago, the
coal operators agreed TO nearly every
demand made by the miners, and the
wages of nearly 100. 900 men in Penn
sylvania, Ohio, Indiana and Illinois
will be thereby increased. The con
tracts were all drA wn up and duly
signed. The West Virginia, Tennessee
and Virginia miners will eventually
win.
1t may not be out of place to state in
this connection that the 81 called vol
untary increase of wages by mauufac
turers and others i5 not voluntary by
any means. In fact the statements are
not all true. Pullman denies that he
has increased wages, though the news
papers give him credit for so doing.
But some increase has been made in
a good many instances, and has been
secured by the thorough organization
OF the workmen rather than through
fthe generosity of the employers of
labor. Without organic alton the work
ingmen of this country would fare as
bad or worse han they do in foreign
countries. Organization has done far
more to keep wages up in America than
tariff Without organic alton nine
tenths of the workingmen would be
slaves.
There is still another economic feature
just now that means much that is det.
rimental to our people. In order to make
a show of returning prosperity, " those
who + closely allied with the single
The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1895-08-13

standard plutocrats, have increased
wages in some instances five or ten per
cent and at the same time increased
the selling price of their products
tDenty, thirty, and even fifty per cent.
by forming and ~perfecting combines IN
the past few months. The price of
some iron and steel products have ad-
vanced nearly or quite 100 per cent.
It is an easy matter to. advance wages
undero such circumstances. The con
sumner not only pays the increase in
wages, but pours from ten to eighty
per cent. additional into the greedy
of the manufacturer. The price
of shoes has advanced from day to
day. until they are higher than ever
known before, certainly since the ad
vent of machinery. Cotton goods have
advanced more than thirty per cent.
If the cotton mills announce O ten per
cent. increase in wages the goldbugs
will crow gleefully, but the other Is or
80 per cent. that goes into the pockets
of the mill wner will not be paraded
before the public. So much for some
of the sophistries of goldbuggery.
The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1895-08-13
RALRIGH TOBACCO MARKET

A few years ago Raleigh had quite d
boom as a tobacco market. Three large
and weIl-lighted warehouse were
erected. In some way the maTAe'
went down. Messrs. J !. Meadows q"
Co, of L1uisburg, and other eXPerl
enced tobacco men will be on tie n"i
ket this season and a large business .
expected.
Raleigh is well located and sur
rounded by fine fields Of tobacco. Oul
farmers should give tobacco nsn
a fair trial. The more maree'S W
have the better the chance to get goou
prices. The first sale will be heIu
the Capitol Warehouse on the ga aN'
and Esd.
The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1895-08-13
RESTORE IT.

It is not a healthy condition when
the prices of wheat and cotton steadily
fall. says the ST.. Louis Republic.
And, whatever may be true of
manufactured goods, it is not true that
the fall in wheat and cotton is due to
improved processes. The fall may be
due to new lands in cultivation, and
not to the deficient money supply.
Admit all that, as we may admit that
the great depreciation in the value of
horses is due to the use of mechanical
The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1895-08-13
THE DYING WHIST PLAYER

He lay quietly as the minister an.
tered the room. How are YOU NV
friendG' asked the man Of God grasn.
ing the hand of the dying man. oIt j.
all over with me" said the Rqleigb
whist player, feebly." I've stacked nv
cards for the last deal. I know that
Hearts will be trumps. hold but one
trump and it will soon cease to beat
"Have you made preparations for
leaving this sin-stricken world to win
a home wh3re all troubles will have
endedg" asked the minister. II hope
So" said the dying man.. Il Joined
the American Whist Players League
several years ago and I have tried to
play fair eve since. I have often been
tempted, but have never looked into
my opponents hand. Perhaps l have
fallen far short of my duty as a Chris.
tian, though I have never failed to run
in a long suit at the proper time, pro.
vided trumps were not too strong
against me. I've shuHed the cards for
all they were worth and when homer
was at stake always tried to use my
commanding suit to the best ad.
vantage"
my dear brother your mind seems
absorbed with card playing, said ths
minister" II want to know some
thing of your hope of eternal saliva,
tion." With a powerful effort the
whist player aroused himself and said:
"You seem to want anew cutand deal.
This is against the rules as laid down
by Hoyle. If youhave not established
your suit in a satisfactory way there
are still years of time for you to do so.
With me it is a question of minutes. l
must hasten to discard from my short
suit and get in the lead with trumpS
for my partners benefit. By playing
right I hope to lead up to the King and
force my opponents to trump my short
suit and give my partner a chance to
over trump. Have no fears about my
leading from a sneak. Life is too
short"
My friend" said the minister, you
have but a few minutes to live. Dis
card worldly amusement and let's
talk of that beautiful beyond where
sorrow and trouble cannot follow"
'All right" said the dying man.
"IIl take a hand with you just to Kill
time. Deal out the cards and give me
a handful of face cards and trumps'
I've been beaten often, but, now that
my end is so near, I want plenty q
trumps, a spade sequence and long
suit in diamonds. AS feeble as am
/ cannot stand one bad hand after 3D.
other for q great length of time. we
will play three hands and the two Des'
will show that I have not spent my
life in vain, provided 1 win -"
But he was gone. Just as the cIocA
struck two he ''passed from death ID"
life" and the cards were stacked Oh
this side of the river
The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1895-08-13

Marshal Carrie Browne, who married
Miss Mamie Coxey, daughter of the
General. has located in Washington
and will start a paper. In the pros
pectus of his proposed paper earle re-
fers to himself as ''poet, painter and
puncturer of pompous pride, also of
political puppets, publishers and pusil-
luminous poolrooms of purse proud
p~lutocracy." Mr. Brown has a job be-
fore him that will probably last ali
winter, but he will net have a clear
field, others are in the sane glorious
business.
The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1895-08-13
DON'T BE

1t is related that Hon. Joseph J..
Davis, late Associate Justice of the
North Carolina Supreme Court, told
the following story just before his
death occurred, three or four years
ago:
When I was about twenty years
old" said the Judge, Il was in Wash
ington. I was talking to Congressman
Stanley in the Capitol lobby. A middle
aged gentleman approached US, ad-
dressed Mr.. Stanley and asked for a
few minutes of his time. The Con-
gresham asked me to excuse him and
he stepped aside with the stranger.
When Mr.. Stanley returned to where
I was standing, he begged my pardon
for leaving me so long. Said he: That
old fellow l have been talking to wants
to get Congress to provide a fund
to stretch q wire from Washington to
Baltimore so that one fool can talk to
another over the wire from here to that
place. That old fellow was Morse,
the inventor Of the telegraph. Ii Con-
gresham Stanley we're alive to, day he
would be astonished to see the number
of fools who are using the telegraph.
The moral is: Don't be skeptical
when something new is suggested. The
man may not look like a great man,
but his theories may be worth millions
To mankind.