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Excerpt from 1896 Book North Carolina and its Resources published by the North Carolina Department of Agriculture

Panacea Springs

these celebrated springs are situated near Littleton, on the Raleigh and Gaston Branch of the Seaboard Air Line railroad.  The waters have only become widely known during the past few years, but have already acquired fame at home and abroad.  The claims for efficacy in many maladies are very expensive, but appear to be well sustained.  For dspepsia they are said to be very beneficial; also for chronic diarrhoea, scofula, kidney troubles and other diseases.  The waters lose none of their virtues by transportation, and are sold by the drug stores throughout this and the adjoining states.