The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1896-05-12

ertY.) But he Couldn't realize on the
assets, even in New York, where they
say money goes begging for borro ~ers,
which, of course, is false.
The Castle Braid Company, Brook
Ign, N. Y is in the hands of a receiver.
1t was a sound money" concern, OF
course.
The Oregon Railway and Navigation
Company, Portland, Oregon, has been
put in receivers hands owing to good
gold standard times"
The German National Bank, of Den
yer, has been in the hands of a receiver
two years and has paid but 10 per cent.
of it's Indebtedness. The Commercial
National Bank, same city, has been in
a receivers hands for three years and
has paid but IS per cent. That is the
result of the ''best faancial system in
the world" Where is old returning
prosperity9
The Bank of Fairfield, Ill has closed
it's doors on account of too much re-
turning prosperity.
The Northern Manufacturing Com
pany, Oswego. N Y is in the hands of
a receiver. Not enough sound money
is the trouble.
E Kteinanan & Co., New York,
clothiers, have assigned. Liabilities
are ell sound"
McIver Bros, the largest mercantile
firm at Sanford, N O., as .igned on the
9Th. Liabilities $50. COO Sound They
probably have enough of the gold
standard business to last awhile.
T. R Graham, a Philadelphia sound
money man, has disappeared owing
large amounts of money. 1t is ''gude
in Yurrip."
II. @ & D. D, Beatie, one of the old
est firms in Richmond, Va, assigned
last Tuesday. This is another star in
the crown of the Sound money" Times
and the Dispatch.
The Foster Wooden Company, Kan
sas City, No, has assigned Assets,
$25, 900. Liabilities unknown.
The G9rmau-American Title Com
pany, Louisville, KY, has assigned.
Liabilities, 5000, 900; assets, $3.50. 900.
The liabilities are supposed to be
sound"
J.. L Hudson & Co., clothing, Buf-
falo, n. Y, have failed.
Wayland Trask & Co., the most
prominent brokers on Wall street, have
failed. They robbed their victims un-
til nothing was left but the single
standard.
The Investment Trust Co, Topeka,
Kansas, largely controlled by Boston
capitalists, has failed for a good many
dollars worth of sound liabilities.
W. Gregory, lumber dealer, Rich
mond, Va assigned on the 75h. Lila
bilities, 81 900, (sound.)
The First National Bank and Lib
erty Savings Bank, both of Bedford
City, Va, have succumbed to the inc
vitable. But Rothschilds has got his
bonds all the same.
j. II. Louis, of New York, is charged
with stealing from Schloss & Co.,
clothing dealers, for which firm he was
manager. He is a sound money man
G.. L Schroeder, a member of the
New York Cotton Exchange, has failed
for a large NUMBER of sound dollars
The London Universal Bank, Lon
don, England, has failed for a large
sum, which they claim to be able to
pay in full. Why didn't they pay it
then9 It was established il 1857
W. Fl. MCGEE, one of the wealthiest
men in Bedford City, Va, has made
an assignment because he couldn't pay
a debt of 10. 500 sound dolIars-''gude
in yurrip."
A shovel trust has been formed in
Boston. Tney propose to reduce tt
output and raise the price 30 per cent.
That is n of the ways to go through
single standard times. But what a
clamor would be raised if the farmers
decide to sit down and reduce the pro
duction of all cereals and raise prices.
They would be called all sorts of names.
But trusts are formed and the promo
tors are called smart.
A dispatch brings the information
that Elk Gov. Bob Taylor was nomi
mated for Governor by the Tennessee
State D m 0cratic Convention Friday.
Telegram says: The administration
Il M