The Caucasian. (Clinton, N.C.) 188?-1913, 1896-10-01
RiSMARCKS VIEW OF SILVER.
The PriHce Said He Made "a Mistake In
Advocating Gold.

RiSMARCKs VIEW OF SILVER.
Tho PriHce Said He Made "a Mistakc In
Advocating Gold.
y. Y. World.
LONDON, Sept. -Moreton Fre-
wen came back today from the In
ternational Agricultural Congress st
Budapest. bringing with him, to be
presented to William Jennings
Bryan, n copy Of book written by
NJ. B7ntmy, delegate from the
South Russian Federation of Agri-
culture, and with much fcrmality
dedicated to the American silver
cand date.
It is entitled "The Agricultural
Crisis" and advocates blmetallism
as remedy.
Mr.. Frewen declares that Of 900
delegates a large proportion sympa-
thized warmly with Bryan struggle,
including practically all those rep
resentIng agricultural societies, and
partIc cularly from Russia, as your
readers saw from the names signed
to the message sent Bryan exclu-
sively through the World few days
ago.
The membership of the Congress
included many distinguished men
from all parts of Europe. 1t was
called by the Hungarian Govern
ment. One delegate, Herr Won
kardorf, leader of the Free Conser-
vative party in the German Reich
stag and neighbor of Prince Bis
marck at Friendrichsruhe, reported
conversation he had recently with
the Prince on the American politi-
cal situation as follows:
Frankly, Kardorf, am too old
to 60 to school over the currency is
sue, but | recognize that, although
| acted in 1873 on what | regarded
as the best advice, my action was too
precipitate, in view of the results
which have followed.
1.-THE fact that the Agrarian party
in Germany is vigorously urging the
restoration of silver weighs much
with me, and must weigh much with
any intelligent government on the
continent of Europe.
"The one class that we cannot af-
ford to estrange is the farming class.
If they are convinced, and they as
sure you they are convinced, that
agricultural depression is peculiar Il
those monetary changes, our gov
ernment must review it's position"
Co tton Production and Consumption In
the South.
The annual count of the cottor
crop is completed, and compiled bJ
Mr.. Henry G.. Hester, secretary o.
the New Orleans Cotton Exchange
The total commercial crop for The
season ending August 81, 1896, wa
7,157, ,346 bales, against 1901, ,25
bales in 1S04i05, a falling off o
almost 28 per cent.
In a special report Mr.. Hester en-
larges on cotton consumption At th'
South. The total number of South
ern mills at the beginning of th
last cotton season was 40. OF thes
Is were dismantled, burned o
merged into other concerns, while D
new mills were built, leaving the to
tai number of mills at the close o
the season at 475, net gain Of 4
mills. In the preceding season tn
number of mills added was 63. Tn
total number of spindles at the Sout
is given at 3,693, 900, against tota
at the close of last season of 3,177
600, an increase of about 51G, 200 i
spindles. Gain in consumption a
Southern mills was greatest in Sout
. Carolina, Alabama and Georgis
The consumptive capacity of South
ern mills is placed by Mr.. Hester 9
, 1903, 900 bales, and with good trad
this year, he thinks, a consumptio
at the South of 1,2OO, 900 bales is ne
!, Improbable. The leading State
; number of spindles at the South
, South Carolina, with 1,192,OO spir
dies. Next to this are North Care
; lima, with $4,000 spindles, an
| Georgia, with GS0,000 spindle
$ These three States, in fact, contain
IS per cent. of the total cotton-spil
q ming capacity of the South.