Pike County Democrat, Volume 24, Number 29, Petersburg, Pike County, 1 December 1893 — Page 6

CARLISLE ON CURRENCY. 'Secretary Carlisle Talks Before New York Business Mon, -Jtt the Annual Banquet of the Chamber mt Commerce at Iteluionlro'e The Treasury Secretary’s Analysis of the Great Problem* Tlie New York chamber qf comnv’rce celebrated its one-linndred and twentyfiftii anniversary by a banquet at Del-^ oouteo's. on the eveuinc of November U. Secretary of the Treasury Carlisle eras present and spoke on the currency question. He was introduced by 1 “resident Smith of the caumbcr, amid considerable applause. Mr. Carlisle’s Address. Mm. President and Gentlemen—The sublacs presented by the sentiment just read is so large and involves so many considerations, not only of public policy, but of public and private Manor and good faith, that 1 scarcely know how *n respond to it on such an occasion as this, where brevity of sentiment will be more appreciated than elaborate argument. I am •mnewhat embarrassed, also, by the fact that I am to talk to an assemblage of gentlemen who. by reason of tbeir personal experience in commercial and financial affairs, are at least in sa good a position as I am to understand and appreciate the value of a sound and stable curmacyand to foresee tbe Injurious effects of a departure from correct financial methods. Money and its representatives constitute the . Pools with which the merchant and the .banker perform their parts ia the numerous and complicated transactions necessarily occurring in «he growth antEderetopment of our trade at home aad abroad7\ it is not possible to do perfect work with imperfect Instruments, and if it be attempted the consequences will not fall up mt you alone, but must be felt sooner or later. (n every part of tbe land. Confidence would be -destroyed, trade would le interrupted, tbs obligations of contracts would be violated and all the evils which havelnvarlably attended the use «t a lease or fluctuating currency would afflict oot the commercial and financial classes only, bat the country at large. But our commercial tatea-eat are not confined to our own country; Aey extend to every quarter of the globe, and w people buy and sell In nearly everjr market •t the civilized world. A very large part of our Mraen, mechanics and other laboring people Had constant and profitable employment la the production and transportation of commodities for sale and consumption In other countries, nod the prices of »many of our products are fixed ia foreign markets. Without exception these prices are fixed in the markets of countries having a gold standard or measure of value either by express provision of law or bv ajuMif! policy which keeps their silver coins •goal in exchangeable value to the gold coins At the legally-established ratio. The value of ear trade with the people of other countries during the last fiscal year was more thau fit.ItW.UOJ.IWO, and more thanSl.UV.aXMWOof this was with the peoplo of Europe, while with the whole of Asiu it amounted to a little over $luu.•fiMue. aad with all the countries of South America, excluding Brazil, which has a siugle rid standard, it was only iM6.DCO.ueOL While wodld be unfair to attribute this unequal distribution of our trade with the outside world to the character of their fiscal legislation, I ttkUtk it may be safely asserted that this country could not long maintain Its present Dosi- • tkm as ono of the most conspicuous and Important members of the groat community of commercial nations which now controls the trade of the world, unless wo preserve a monetary system substantially, at least, in accord with tie monetary systems of the other prlnmi pal nations.

HOrr. Carlisle then turned his attention to the question of an international standard. \ Thero can be no international legal tendet without an international agreement; but them must, from the very necessities ot the ease, always be a common basis upon which bargains are made and a common currency in which ^ailancw at© settled. No one nation can de- * fceranine for tne others what that basis shall be * on v&at that currency shall be. It may estabUnhaeurrmcy for itself and for the use of its - aas»people in their domestic trade, but the value of that currency will be ultimately measxwtKlkuitt conclusively fixed by the in ter national x whatever that may be. The stump - ao its coins attests their weight and, fineness. it adds nothing whatever to tbeir * latr basic value, and nothing whatever -to lJheir exchangeable valuo in the mar--of the world; so that a nation's stock ofinternational money always couslsts of its urn * coined bullion and the bullion value of its - coins. It oan not augment its stock of such ». money »o> any extent whatever by overvaluing t sillier gold or stiver in its coinage laws, nor tabs it diminish its stock to any extent whatever by undervaluing either metal. While the uranber of its uomiual dollars, or shillings, or ftoutos, may be increased or diminished, as the ofiictaay be, the actual valuo of the bullion or ♦c®fc«s will not he changed in the least, for no <actof congress, or other legislative body, can .ref**! or alter the laws of trade or the Jbswa of finance, and every attempt to do so OH&wst result in disaster soouer or later. Nr* matter, therefore, what our monetary system may be here »t home as established by xiWi own laws, wo must e-ither relinquish a ; htr£o part of our share in the commerce of the world or conduct our international trade upon ; such lasts as the general judgment of commercial nations may establish. We can not possibly change this situation, and, consequently, ti'oculy practical question is. whether it is fas-bar to establish by law an inferior kind of wccmqy for use at home exclusively and another kuat^or vise abrodd. or to have all our money Stood enough for use in every market where oar people trade. I believe the people of . the United States are entitled to have for use in their domestic trade just as good money as any other people in the world have, and that vtfcrey are entitled to have just as much of it as may be necessary to carry on their business regularly and profitably- Whether it be gold or ttilver, or both, or paper based upon the 4Qotus of the two metals, the people have a ,-riaht to iiemand that it shall be in fact what *2Z j\ut\eorts to be-r-a just and true measure of value, or the representative of a just and true •‘measure of value.

The gold basis was the next to re-t-.seiwvlhe attention of the secretary. vSXiia Is the only international money, and all trade balance? are settled in sold, or, which is Itesatne thins, on a sold basis, all other forms at currency being adjusted to that standard. It hi useless for the advocates of a different system to insist that this ought not to be so; 4t 4s so, and we cau not change the tact. But the 4St<l eagle and double eagle are not accepted at M particular valuation in these settlements -simply because the United States of America declared by law that they shall be legal at their nomiual value, but solely betho bullion contained in them, if unwould be worth everywhere the amonnt. This is a great and powerful government, but there is one it can not do—it can not create money, are some things, however, which the ___ ,t can do for the establishment and preservation of a sound and stable currency. r. the exercise of Us constitutional authority to "coin money and regulate the value thereat" it can suspend or limit the coinage of earner metal, whenever it is ascertained that the coins oi the two mttals. of the same denomination, are of unequal value; or it can ■Image their legal ratio so as to make them as ■ear equal in value as pqssiole; or it can maintout the parity of its coins by receiving them *acui their paper representatives iu payment of alt public dues and discharge all of Us own obligations in whatever kind of monoy its . creditors may demand. The principle or rule of law that the option as to the kind of legal tender with which an - alligation shall he discharged belongs to the - debtor, and not to the creditor, has no just application in a case where the government is—"t its notes to circulate as a currency among people, and, by maktng them legal tenders ‘ the people to receive them,' The pricltiieu may very properly avail himself of .to discharge his private obiilawful right —-- - , , wltton* held by voluntary creditors, in any Xtad of legal tender money, because he has .uale his own personal interest to protect and »o public duty in the premises, when the government of tl’o United l has undertaken to supply ths country a currency, and has issued its obligttia the form of notes to circulate I the people la like transaction of uteir

private business, and has received tor every dollar represented by such notes a dollar's worsn of tho people's services or a dollar s worth of the peoples’ property, its honor, as well as sound public policy, demands that they shall be redeemed upon presentation in money current in all the markets of the world. No government can honorably disparage or do* preciate its own obligations, and especially obligations which it has forced its own people to accept; nor can any government honorably discriminate between the different kinds of money or currency which it puts in circulation. Whatever may be the differences in th* forms and qualities of the currency while i! remains in circulation, when the time for ultimate redemption comes all must be treated alike. The secretary expressed himself as follows on the question of bi-metallism: The country has recently heard a great deal Vbout bi metallism and a double standard, and it is possible that these subjects will continue to be discussed to some extent in the future. For my part. I have never beeu able to understand what is meant by a double standard, or double measure of value, and I have never found anyone who could tell me. To my mind it seems as absurd to contend that there should be two different standards or measures of value as it 4rould be to insist upon having two yardsticks of different lengths or two gallons of different dimensions. If there were two standards? or measures not equal in value, it is evident that one of them must be a false measure; and if they were of equal value, it is evident that no matter what the law might declare, there would be in fact but oue measure, although composed of two different kinds of material. If, for instance, the silver dollar aud the gold dollar were of precisely the same value and could be so kept at all times, there would be, in fact, but one standard, one unit for the measurement of values. Whatever that actual standard may be as established by the laws of trade and finance, whether it be so many grains of tine gold or so many grains of line silver, it is the duty of the government to conform to it in the payment of its obligations and in all its dealings with the people. It does not follow from anything I have said that nothing shall circulate or t© recognized as money or currency except gold or paper issued against gold, nor that the prices of commondites ought ta be, or will be, tixed upon the hypothesis that gold is the only money in the world; but it does follow that no part of our ourrenoy. whether it be silver or papal*, should l e permitted to depreciate below the established • and recognized staudar.1 Any tiuanciul policy which would encourage or permit such depreciation, or create a reasonable apprehension of such depreciation, would unsettle values, paralyze business, arrest the growth and expansion of our industries, and ultimately briug almost universal bankruptcy and ruin upon the country. It must be remembered, however, that it is the function and duty of the legislative department to establish the policy of the government upon inis and all other subjects, aud to clothe the executive with the necessary authority and means to carry it out. When the authority aud means are granted, the executive department is responsible for the manner in which the law is executed, but beyond thi3 it has no power to diet, and. consequently, no duty to perform. Gentlemen, tin* question whether the obligations of the United States will be jaaid in coin currency in all tho markets of the world has already been settled, and it has, in my opinion, been settled for an. time *o ©o:n$. it has be?n settled, not by auy ope.iflc act'or congress prescribing tho exact mode of payment, but by the spirit and obvious purpose of the whole body of existing legislation upon the subject, and by the deliberate judgment of the American people and the declared purpose of those who have been intrusted with the execution of the laws. The disposition and ability of the government to maintain its own credit at the highest possible standard, and to preserve the integrity of all the forms of currency in circulation among the people, can not be reasonably doubted, and ought not *to l>e subjects of serious controversy hereafter.

Mr. Carlisle then turned his attention to the fate of silver. This does not imply that silver Is to have no place in our monetary system. What is to be the ultimate fate of that metal is one of the problems which time and events alone can solve, but for many years, notwithstanding all our legislation in its support, the fluctuations in its value have been so rapid and so great as to demonstrate the fact that it can not be safely coined without limitations into mcfciey of Anal redemption at the existing ratio or at any other ratio that might b* established. It is not possible1, under existing circumstances, tor any one government to establish and maintain a stable relation between the two metal** and for this reason alone, if there were no others, we.art* bouud to place some reasonable limitations 'upon the coinage and use of silver. How iguolaor it can be safely coiued. and upon what conditions it can be safely used, are quotations upon which there will be wide differences of opinion; but after all that cau be said wi both side*, they will be Anally determined- Vy circumstances which cau not now be foreseen, and by the naturalgrowth of our industrie.-»>*nd trade. It vs enough to say at present that we'have already on hand a stock of silver, coinec’.aad uncoined, sufficient to meet ail the probable requirements of the country f<» many yeaxw to come. The rniuts of the United States h*vocoiued 4J&2&U50 standard silwur dollars, and we now have 1JQ16UU.7S) line o*nces of silfeer bullion, which, at the ratio of id to 1. would make or fddl .217,391 in the aggregate. Besides this, we have f7$9T7,002 in subsidiary silver coin, which is legal tender 39 the amoun t of $1U. and is by law wdeemable in full legal-tender money on presentation. O ir total stock- of gold coin and goth bullion :♦ The five countries constitution the Latist monetary uniou. with a combined population* of more than 8d.uue.0j0. exclusive of their* colonial possessions, have f975.U0U.U10 in gold. $725,bU>,OuO et full legal-tender silver, and $95,— uuu.ouu of subsidiary silver coins; uwd yet they found it necessary several years ag * to discontinue the coinage of legal-tender &ti«er and enter into an arrangement by which each country agreed to vedeemin gold all its wn legal-, tender silver coins when presented by any other member of the union. Thus- gold has been made to support a limited quantity of silver coin at par in France, Belgium. Italy, Greece and Switzerland, as it has been required to do in the United States shtee 1878, aud as it must continue to do hereafter, hero and elsewhere, unless a great changashall ooeur in the relative values of the two metals. Being the greatest silver-producing country in the wanld, and having on hand a largo amouut of silver coin and bullion, tbeiUnited States cannot be* otherwise thau deeply inter ested in every measure designed te.enhanoe its value, and increase its use as money-upon a safe and sound basis, but we can not alone maintain iSs unlimited coinage as fhil legal tender in opposition to the polioies of the other great nations of the earth; and the country is to bo congratulated upon the factMhat we have at last* placed ourselves in a position which enables us- tolpreserve our own monetary system.intact and exercise a potent influence in any movement that may be hereafter made for Khn permanent adjustments of this very important aud difficult question.*

Mr. Carlisle defended the resent action of congress on the silver question as follows: It is-a great mistake to suppose that-the supporters of our recent legislation upon this subject was animated by any feeling of hostility to the continued used of silver as money, to the largest possible extent consistent with the stability at our currency and the preservation ot the public faith. The wisest and. safest trleuds at that metal are those who.have had. 'the sagacity to foresee the inevitable effect of its continuous accum'ulatiou in the form of bullion in the vaults of the treasury, and thet courage to remove from the statute books am experimental law which from the-nine of itn enactment was a constant menace- to the welfare of the whole country. In conclusion. Mr. President, ponralt me Us thank you and the chamber of commerce of thestate of New York for affording me this opportunity to meet so many ot the leading business men ot this great business oily.. Although your organization has been in existence more than 145 years.'and has passed through many trials and vicissitudes, it is but simple justice to say that its counsel lias always been wise and conservative, and Its action patriotic sod beneficial. AH that is needed now to insure ah early inauguration of an era of great prosperity in such action «*>ou the part of this and similar organisations throughout the country as will inspire confidence and revive the spirit ot enterprise among the people. Now that our credit has boen greatly strengthened and our ourreney made more stable and seoure an opportunity is afforded those who control our commercial and Industrial interests to resume operations under more favorable conditions than have existed for many years, and I am sure you will cheerfully co-operate in any effort they may make in that direction. —The steamer China, which sailed yesterday from San Francisco for the Orient, touchiac at Honolulu, carries ofBcinl dispatches to Minister Willis and Admiral Irwin.

LTP ” Rov. Talmage Dls soursoa on a Seasonable Topic. The 1.1 fe Kiches which W1 1 t'ule.ss GOil’s Low U in HU Spoils. The following disconrs-e oh “A Hunting Scene” was delivered by llev. T. DeWitt Talinage in the llrooklyu tabernacle. being based on the text: In the mornini! in shall Jevonr the prey, onJ at night hj shall illvlila ths spoil.— Genesis, xlix.. ST. A few nights ago eight hundred men encamped along the Loup Island railroad, so as to be ready for the next morninp, which was the first "open day” for deer hnntinp. between sunrise and two o’clock in the afternoon of that day fifteen deer were shot. On the 20th of October our woods and forests resound with a shock of fire-arms, and are tracked of pointers aud setters, because the quail are then a lawful prize for the sportsman. On a certain day in all England you can hear the crack of the sportsman’s pun, because pronse hunting has bepun: and every man that can afford the time and ammunition and can draw a bead starts for the fields. Xenophon prew eloquent in repard to the art of hunting. In the far east, people, elephant-mounted, chase the tiger. The American Indian darts his arrow at the buffalo until the frightened herd tumble over the rocks. European nobles are often found in the fox-chase and at the stag hunt. Francis I. was •called the father of hunting. Moses declares of Xirarod: “lie was a mighty hunter before the Lord.” Therefore, in all apes of the world, the imagery of my text ought to be suggestive, whether it means a wolf after a fox, or a man after a lion. Old Jacob, dying, is telling the fortunes of his children, lie prophesies the devouring propensities of benjamin and his descendants. With his dim old eyes he looks off and sees the hunters going out to the fields, ranging them all day, and at nightfall coming home, the game slung over the shoulder, and reaching the door of the tent the hunters begin to distribu te the game, and one takes a coney, and another a rabbit, and another a roe. “In the morning he shall devour the prey, and at night he shall divide,the spoil.” I Or it may be a reference to the habits of wild beasts that slay their prey and then drag it back to the cave or lair, and divide it among the young.

1 latte U1V l. 1U tue il IS l JJIOIT, US descriptive of those people who in the morning of their life give themselves tip to hunting1 the world, but afterward, by the grace of God, in the evening of their life divide among themselves the spoils of Christian character. Ttiere are aged Christian men and women in this house who, if they gave testimony, would tell you that in the morning of tlieir life they were after the world as intense as a hound after a hare, or as a falcon swoops upon a gazelle. They wanted the world's plaudits and tlis world’s gains. They felt thnt if they could get this world they would have everything. Some- of them sta»ted ou t fer the pleasures of the world. They thought that the man wAo laughed loudest was happiest. They tried repartee, ami conundrum, and burlesque, and madrigal. They thought they wo nil like to be Tois-i Hoods, or Charles iambs or Edgar APoet* They mingled-wine, and music, and "die spectacular. They were worshipess of the haxdtoqiifis. and the j MerrwAndrew, and She buffoon, and ! the jester. Life w» to them foam, ; and Inbble, and cuehinnation, and roysteidng, and griimee. They were so full of glee they wnilil hardly repress tt*'ir mirth, event on solemn occasions, and they earn* near bursting out hilariously even a*» the burial, because there was same thing so dolorous in the tone or connten&aeeotf the undew taker. Alter awhile Misfortune struck them lined on the back. They found there we® something they could not laugh at. Under theU'date hours their health gave way, or there was a death in the li'use. Of every green thing their soul was exfoliated. They found out that life was more than a joke. From the heart of Gad tire re blazed into their soul an earivistness they had never felt before. They awoke to their sinfulness and immorality, and here they sit at sixty or seventy years of age, as appreciative .if 'all innocent mirth as they-ever west but they are bent on a style of satisfaction which in early Kfe they never hunted; the evening of' their days brighter than the morning; In the running they devoured the-prey, but ate night they divided the spoils.

men mare. are oniera wno starred ! out for financial success. They see , how limbec the rim of a man's hat is . when he how® down, before someone transpicuous. They fMt they would. like to see- how the world looked froun the window, of a four-4 htmsand-dolla? turn-out. They thought they would like to ham the morning- sunlight tawgled up in> the headige&r of a dashing span. Tike wanted Idhe bridges in the park to resound under the rataplamof their swift hoofs. They wanted; a. gilded bsidriek, anhso they started! on the dollar hunt. They chased its up one street and chased it down another. They followed it when it burrowed in the cellar. They taeed it in the roof. IV here »er a do£hr was expected -to be, tliey were* They chased it across, the ocean. They chased it across-the land. They stopped not for •the uight. Hcoiling that dollar, even in the darkness, thrilled them as an . Adirondack spoilsman is thrilled at midnight by a loons laugh. They chased that dollar to the money vault They chased it to the government treasury. They routed it from under the counter. “AH the hounds were out—all the point1 ers anti the setters. They leaped the hedges for that dollar, and they cried; k*‘Uark away! a dollar!” And when at > last they came upon it and had actually captured it, their excitement was like that of a falconer who

hay' successfully flung his first -hawk. In the morning of their life. oh. how they devoured the prey! Uut there came a better time to their soul! They found out that an immortal nature can not live on bank ft They took up a Northern Pabond. and there was a hole in it ugh which they could look into uncertainty of all earthly treas- . They saw some Ralston, living at the rats of twenty-five thousand dollars a month, leaping from San Francisco wharf because he could not continue to live at the same ratio. They saw the wizen and paralytic bankers who had changed their souls into molten gold stamped with the image of the earth, earthy. They saw some great souls by avarice turned into homunculi, and they said to themselves: “I will seek after higher treasure.’’ From that time they did not care whether they walked or rode, if Christ walked with them; nor whether they lived in a mansion or ita a hut, if they dwelt/under the shadow of the Almighty; nor whether they were robed in French broadcloth or in homespun, if they had the robe of the Saviour's righteousness; noF if they were sandaled with morocco or calf skin, if they were shod with the preparation of the Gospel. Sow yon see peace on their countenance. Sow that man says: “What a fool I was to be enchanted with this world. Why, I hare more satis faction in five minutes in the service of God than I had in all the first years of my life while 1 was gain-getting. I like this evening of my day a great deal better than I did the morning. In the morning I greedily devoured the prey: but now it is evening, and 1 am gloriously dividing the spoil.” My friends, this world is a pool* thing to hunt. It is healthful to go out in the woods and hunt. It rekindles the luster of the eye. It strikes the brown of the autumnal leaf into the cheek. It gives to the rheumatic limbs the strength to leap like a roe. Christopher Korth's pet gun. the inuckleraou'd Meg, going off in the summer in the forests, hap its echo in the winter time in the eloquence that rang through the university halls of Edinburgh. It is healthy to go hunting in the fields; but I tell, you that it is belittling and bedwarfing and belaming for a man to hunt this* world. The hammer comes down ou the gun cap, and the barrel explodes and kills you instead of that which you are pursuing. Whch you turn out to hunt the world, the world turns out to hunt you: and as many a hunter aiming his gun at a panther's heart has gone down under the striped claws, so, while you have been ^attempting to devour this world, the world has been devouring you. So it was with Lord Byron. So it was with Catherine of Russia. Henry II. went out hunting for? this world, and its lances struck through his heart. Francis I. aimed at the world, but the assassin's dagger put an end to his ambition and his life with one stroke. Mary queen of Scots wrote on the window of her eastle:

r rui* tuv tup c/i an uiv irusi Mishop hath lafit me in the dust. The Queen Dowager of Navarre was offered for her wedding' day a c^tJy and beautiful pair of gloves, and she put them on; hut they were poisoned gloves, and they took her life, lletter a hart-hand of cold privation than at warm and poisoned glove of ruinous success, “Oh,” says some young mam in the audience. “I belie re what yore are . preaching. I am going; to do that very tliisg. In the morning of my lifeI am goi »g to devour the prey, and in the evening I shall divide the spoils of Christian character. I oniy want alittle whiife to sow my tv id! oats, and ttien I will1 be good.” Young’plan, did aon ever take the census of all of the old people?' How many old people are thes e in vour house? One, tw*. or none? How many in si vast assemblage like this? Only here anil there a gray head, Idle the patches of snow here and there in the fields on a late -Sprit day. The fact is shat the tides of Ae years ;vro so strong, that men go down under them beJdsv they get to he sixty, before they get'to be fifty, before they get to be forty:, before they get to he thirty; and if you, srsy young-brother, resolve now that you will spend the morning of your days devouring the pray, the pi-ohability is that you will never divide the spoil* in the evening lsoxir. He who postpones until old age the religion-of Jesus Christ postpones it forever. Where are the men who, thirty years ago, resolved to become Christians in old age, putting it off a certain nuns ter. of years? They never got to he old The railroad collision, art he slip o*> the ice; or tl» falling ladder, or tbe-suilden oolsl put an entl to their opportunities. They have never had an opportunity since,and will never have an opportunity again. They locked the door of Iiaaven against Sfieirsouls, and they threw away their beys. They chased the world, and they died in the

chase, rue wcmnaeu nger turned on them. They failed to take the game they pursued; Mounted an a swift, eourser, they leaped the hedge, but the courser fell on. them, and crashed them. Proposing ta> barter their soul for the world, they lost bath and got neither. While thib-is an encouragement to old people-who are still unpardoned, it is no encouragement to the young who are putting off the day of grace. This doctrine that the old may be repentant isto be taken eoutiously. It' is medicine that kills or cures. The same medicine,' given to different patients, i a one case it saves life and in the other it- destroys it. This possibility of repentance at the close, of life may cure the old man while it kills the young. Be cautious in taking it* Again: my subject is descriptive of those who come to a sudden and a radical change. Ton have noticed how short a time it is from morning to night—only seven or eight hours Yon know that the day has a very brief life. Its heart beats twenty-four ' times, and thon it is dead. How quiok this transition in the character of these Benjamitesi “In the morning they shall devour the prey, and at night they shall divide the spoils’' Is it poa*

I sible that there shall be such a transformation in any pf our characters? Yes, a man may be at seven o’clock in I the morning an all-devouring worldling, and at seven o’clock at night he ; may be a peaceful distributive Christ- | iati. Conversion is instantaneous. A man' passes into the kingdom of God j .quicker than down the sky runs . zjg-zag lightning. A man may be anxious about his soul for a great many years; that does not make him a Christian. A man may pray a great while; that does not make him a Christian. A man may resolve on the reformation of his character, and have that resolution -going on a great while; that does not make him a Christian. lint the very instant when he dings his soul on the mercy of Jesus Christ, that instant is lustration, emancipation, resurrection. Up to that point he is going in the wrong direction; after that point he is going in the right direction. Before that moment he is a child of sin: after that moment he is a child of God. Before that moment devouring the prey; after that moment dividing the spoil. Five minutes is as good as five years. My liearers. you know very well that the best things you have done you have done in a dash. You made up your mind in an instant to buy, or to sell, or to invest, or to stop, or to start. If you had missed that one chance, you would hate missed it forever. Sow just as precipitate, and quick, and spontaneous will be the ransom of soul. Some morning you were making a calculation. You got on the track of some dnancial or social game. With your pen or pencil you were pursuing it. That very morning you were devouring thy prey; but that very night you were in a different mood. Yott found that Heaven was offered you. You wondered how you could get it yourself mid your family. You wondered what resotIMies it would give you now and hereafter. You are dividing peace, and comfort, and satisfaction, and Christian reward in your soul. You are dividingythe spoijl. One Sabbath night at the elose of the service I said to some persons: '■When did you first become serious about your soul?” .And they told me: "To-night.” And I said to others: “When did you give your heart to God?” And they said: “To night.” And I said to others: “When did you resolve to serve the Lord all the days of your life?” And they said: “Tonight.” And I saw by the gayety of their apparel that when tlie. grace of God struck them they were devouring the prey:, but I saw also, in the Hood of joyful

tears ana m the kindling raptures on their brow anil in their exhilurant anil transporting utterances, that they were deviding the spoil. If you have been in this building- when the lights are struck at night you know that with one touch of electricity they are all blared. Oh, I would to Ood that the darkness of your souls might be broken up, and that by one quick, overwhelming, instantaneous Hash of illumination you might be brought into the light and the liberty of the- sons of Ood! You see-that religion is a different thing from- what some of you* people supposed. You thought it was decadence; you thought religion was maceration; you thought it! was highway robbery; that it struck one down ami left him half dead: that it plucked out the eyes; that it pCaclced out the plumes of the soul: that it broke. the wing and crushed the beak as it came clawing with its black talons through, the air. No, that is not religion^ ■What is religion? It is dividing the spoils. It is talking a defenseless sonl and panoplying it for eternal 'conquest. It is the distribution of prizes by the King’s hand, every medal istamped with a coronation. It is an -exhilaration, an- expansion. It is im--paradisation. It is enthronement. Religion makes a man master of earth, of death, and hell. It goes forth to gather the medals of victory won: by llh-inee Emanuel; and the diadems of 'Heaven. and the glories of realms ■terrestrial, ami celestial, and then, after ranging all worlds for everything that is resplendent, it divides the spoils. What was it that James Turner, the famous English evangelist, was doing when in his dying moments he said: Christ is all!”' Why, he was entering into light: ha-was rounding the Cape of Good Hope; he was dividing the spoil. What was the aged Christian Quakeress doing, when at flighty years of age, die arose in the meeting and said: “The time of my departure is come. 5% grave clothes are falling off!” She was dividing the spoil. She longed with wing*to fly away. And mix with that eternal day. What is Daniel now doing, the lion, tamer?'- a ad Elijah, who was drawn by the flaming ooursers? and Paul?, tthe rattling of whose chains maue kings quake? and all the other victims ; of flood, and fire, and wreck, and guillotine—where are they? Dividing the

Ohi, what a grand thing it is to bft a Christian! We begin now to dividethe spoil, Vmtthe distribution will nob be completed to all eternity. Therein a poverty-strucli soul* there is a busi-ness-despoiled sonl, there is a sinstruck soul, there is a bereaved soul—why do you not come and get tile spoils of Christian character, the comfort, the joy, the peace, she salvation that 1 am sent to offer you in my Master’s name? Though your knees knock together in weakness, though your eyes vain tears of uncontrollable weeping—come and get the spoils. Rest for all the weary. Pardon,for all the guilty, labor for all the bestormed. Life for all the dead. I verily believe that there are some who have come in here, downcast because the world is against them, and becar.se they feel God is against them, who will go away saying: 1 came to Jesus as 1 was. Weary and worn and sad; I found in Him a resting place. And He has made me glad. —Religion without authority is but a philosophy.—Lecordaire.

Hood’s Cures

More Then Pleased With Hood’s Sarsaparilla—For Totter and Blood impurities Stronger and Better in firry ITny. “ I have been more than pleased with Hood's Sarsaparilla. X hare suffered with tetter breaking out on my face and all over my body all my life. 1 twver could find anything to do it good until I bbgatHo take Hood's Sarsaparilla I have now used about eight bottles, and Oh,it has done me so much good that I have the utmost Hood’s Pills net easily, yet promptly and efficiently, on the liver and' bowels. Hoc. A Natural Food. Conditions pf the system arise when ordinaryfoods cease to build flesh— there is urgent need of arrest- _ ing waste—assistance must come quickly, from natural food source. Scott’s Emulsion ts a condensation of the life of all foods—it is cod-liver oil reinforced, made easy of digestion, and almost as palatable as milk. Prepared by Scott Jt Bowne% 15. Y. , AH drnggieta. “German Syrup” Mv acquaintance with Boschee’s German Syrup was made about fourteen years ago. I contracted a cold which resulted in a hoarseness and cough which disabled me from filling my pulpit for a number of Sabbaths. After trying, a physician, without obtaining relief I saw the advertisement flof year remedy and obtained a bottle. I received qpick and permanent help.. I never hesitate to tell ray experience. Rev. W. H. Haggerty, Martins'*ille, N.J. ® COLCHESTER” • RUBBER • “SPADING BOOT" If You Want a Flrst-Claa-Artlcl*.

Ely's Cream Balm QI ICKLV CCKES GOLD IN HEAD ^ricrSoTentTI Apply Balm Intooftch nostril. ELY BROS., 56 Waxren St.jt. Y.

delicate Women Or Dabilttatsd Women, should use BRADFIELD’S FEMALE REGULATOR. Every ingredient possesses superb Tonic properties and exerts a wonderful influ* ence in toning up aed strengthening her system, by driving through the proper channels all impurities. Health, and strength guaranteed to result from its use. « My -wife, who waut bedridden ftroloh, toon monthl. otter mains JBrad)teid’m F»male itnoMr *»r two montlu to nttiss woll.” F * J. M. Jomreew. Molvens, Ark. Busmis TtroctATOR Co.. Atlanta, Go. pold bj DrngsUta at $1.00 per bottle. He Wasn’t Drinking. That usually interesting and original figure in this city, the new member of oongress,. has again said something amusing.. He was enjoying the-hos-pitality of one of the most amiable and attoactive woman, and was doing admirably as a conversationalist until she led him into trouble with this remark: “I am afraid you find Washington rather dull at present. There is verylittle excitement, excepting what yo» find in the way of duty at the cajw itol ” “It is rather monotonous,” he asserted. “No donbt you have an occasional snauvais quart d'heure?” - “No,” he replied, and .then leaning' ! over confidentially, “I ba-vew’t tasted* anything stronger than tea in a year.” —Kate Field's Washington. D—“Do you know,” said Cholly Bitkins, “1 think these jokes about fellows having the ticket but noovaheoat a’he vewy wude and impwopah.” “So do I,” said Billy Batkins; “think of the way they harrow up us fellows who haven’t even ani tickets.”—Washington Sta»