Newspapers / The News & Observer … / Aug. 21, 1907, edition 1 / Page 7
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t i i 11 v t THEf 1NT2TVB AND OBSERVER. WEDNESDAY; AUGUST 21. " Vt 1 I n -1 Fluctuatsans Were Rather Irragular PRICES TEPJD LOWER .imrlng; the Forenoon There Was a Net Advance, Which W Lost i - , Upon tlie Appearance of the Weekly Weather Report, Which was More Fb- , Torable than; Expected (By the Associated Press.) New York, August 20. The cotton inarket was a' little more active to day. Fluctuations were Irregular with the close quiet and steady, net un changed to three points lower. Fale.s for the day were estimated at 12 5,000 "bales. The opening was steady at a decline of two and five points in response to lower cables and private reports that "the drought In the southwest had been broken. Around twelve cents for Jan juary, however, there was quite an ac tive demand for covering of ; shorts and European acjeount, which ; some thought to be for spinners, . and dur ing the forenoon prices worked up to a net advance of about five : to six points on the active months. The weekly weather report read more fa .vorably than was looked for. report ing beneficial showers during the week in Texas, and the market eased o!I in the afternoon on this and the favorable western belt forecast; which was followed by liquidation of early Luyers. The close was within two or three points of the lowest for the ses sion. Private mafl advices from the southwest confirmed the, reports of showers during the last few- days, but msny of (them stated that the rain y as too late to prevent damage to the crop. : ? Receipts at the ports today 718 "bnles. against 1.942 last week and 10, 128 last year. For the week 12.000 bales, against 8.280 last week and 49. 414 last year. Today's receipts at 'ew Orleans 94 bales, against 256 last year and at, Houston 2,047 bales, nralnst 9,988 last year. : Nsw York. Aiw. m- - The Union Central Life Insurance Company HAS ALREADY SUCCEEDED, Is most economically managed. Selects only choice risk; henc had the Lowest death-rate for last 40 years. Gets largest profits from ita Investments; pays the biggest animal cash dividends; Urns it GIVES INSURANCE AT LEAST POSSIBLE COST. BEST POLICY FOB BUYER, OR SELLER. Good affcuta can get choice territory. CAREY J. HUNTER & BUO.. State Agents, Raleigh. X. C. UN LOADING FRESH UNBOLTED 1M1 Wheat: Corn:: I Sept I Oec.... i Oats: Sept . Deo... ... Pork: Sept PHILLIPS & PENNY RALEIGH, N. C. The bond market was irregular. To tal sales par .value were 81. 230. 000. U. S. threes arid the registered fours declined 1-8 per cent and coupon fours 1-4 per cent, on call. Total sales of stocks today 713, S00. Lard: Sept ... Oot Rihs: Sept ... Oct J Highest, i Lowest. Closl's I! ; t SS'4 ' 85'4 85'4 I: 87 Si'i S678&?4 !; ! 56" 4 ! 53& S2 &3H i I I 15 80 15 75 15 75 I 8 87S 8 85 8 85 V09 8i 8S i I 8 374 8 50 8 514 ! 8 5 8 9 8 Cash quotation were a follows: Flour Arm; winter pant, 54-10 5149. Btralghts0i.Tiai4.14. aprina patent tt.70 A $4-90 str.Urtm. iltr&tt-OO, bakers 82509 53 50 w,io it N. 2 J396. No. 3 8S&93, No. 2 red 84v68S4: corn No. 2. tit'A&M; corn No. Z. yeuow jS 4; oats is o. m ; o, CANNOt JOIN HUE AND CRY. What Dr. Jjrooghton Said in Sunday's Sermon. Some comment having been made 6n the sermon of Dr. Len O. Brpugh ton on Subday night, with reference to his statement that tha church can not join the hue and cry against the Standard Oil trurat. a reporter of this paper yesterday asked Dr. Brough ton what "he did say. . He dictated the following: "We find it very easy to denounce gambling on. Wall street and in great corporations, but have nothing to say when we And it among the card" play-: I ing women of your cruun-ches; who j play for prizes. We make a great I ado over the gambling methods of i great corporations like the Standard Oil Company, for example, who have Just been fined $29,000,000 while the same principal of taking advantage of competitor is practiced by even the peanut venders of our cities, I do not say this in any sense as a plea for or excuse of such corporations, nor do I say if because I have ever been the recipient of anything that they have. I am aa free from that as any of you. 1 say. It because I am a preacher of righteousness and there fore .must stand for Justice to all. It is the principal of taking advantage of a competitor's condition, which forces him into subjections, that I am after. And 1 ay again that the church, U win and hold the respect of God and man, must not dertounce ono without the other. The fact that one man ha amassed millions is no reason in Itself why he should be the tarirvt of the church. We have 2, rye ...... -""good "feodint barley 35-63: fair" to t got to contend for principal and be choice mitlnt 4;A7J: No. 1 flax aisA ' thoroughly consistent in our epnten- No. i xort - T3t?m lio-i: timothy mad 4-13 U S.rer.2s re 10SJ& doref 2 coup.. 105 ,do3s red .-10l& do 3s coup- 102?$ do old 49 reg.... 12554 do new 4scoupl2S Am.T0b.4s - 3 do 6a... - 9754 Atch.gen.4s 8'4 do adjt.48 87 A. C.L.48 .. 91 B. 4 0.4I,- 9744 do 3&s 90 B. R-T.cv.48 73M Cen.ofGa.5s. 10114 doiatinc - 83 do 2nd inc - 05 '. do 3rd lnc - 45 C. A 0.454 ! CA A.4J4 - CB.AQ.newt.- 0 C. R.I-4 Pc.4 .- 0554 do COl. 48 81 CC.C.JtSt.L..48. CoL In. 5s r. A 44 doSsser.B CpiJklld... 62 Co4.ASouth.48 83 Cuba S 103 D. ARlo Or 93 DisUSecSs ... 73 Erie prior lien 4a 9354 dogeo.4s 79 HoclcVJ.454s -102 99 Jap. f s, 2ndser.... 99J4 do48 8544 do 454s cer.2d. 85 L. N.unif.48 97M Man. eon. gold 4s. 97 Mex.Cen.4.....,.- 7844 do 1st inc 1554 M!nn. & St.L.43 . 88 M0.K.A Tex.4s 98 do 2S 82 N.K.RiMex.co.4 79 N.Y.Cen.gen.S. 89 N .J. gen. 5a. 121?s No.Pae.4 - 9 doa 7 N.4 W. COD.4S..- 94 Ore.S.L5a 8744 clovercaatrat grade 15-00; short ribs (looea 8.40&8.60; menu park per bbl. 15.7015-75 Lard por 10 ibt 8-774: short clear alias (boxed) 8-t'4'3S-87;4; waUkey b&sU of high grade wines 1.3 1. New York Provisions, New Yor. Am. 29- Flour staady. Minn? sotapitanti 519)15 30, da bakers 3J.$ 83-83, win c?r pataaca 91-25 $1-75. stralj.j'.i ; 85.2554-50- ! Kye dull, fair to good 54.50&540-75; choice to Taacy 81-305.00- ' Buck wheat Clio it naralaat, M)U1) Buckwh'ja tiaiet, 81.19. i Corn taeal taiy, das 81.25 &S1.30. coarsa 91-15&51.17, mm anei fi.s. tlon regarding all men alike." "The tame prfneipal I hold with respect to anarchy and the unwritten law. We denounce anarchy ; with great vehemence when it is in Russia out we hold with pride, especially in the South, the damnable 'unwritten law' or what is now called 'dementia Americana. Our country has gone mad over -thhs spurious sentiment and unlest-; something is done to check it. the law will lose its force and our courts of justice become a farce." i Dr. Broughton, when seen yesterday said that he would like to add an explanation : of what he said In Sua- Hye, dull. No 2 western 9. i day nirht's iscrmon, and then fiaid: Barley quiet, fesllnt 4), malting iv 1 "i did nbt mean to Jutifj' the wn spot nrna. mo. 2. 92& epc 94. . methods of the Standard Oil Com 1C Vf, i'iftV llllf. corn Penn.ctJ.. 92fi 1 Sept.3J: Re&dln (n.u.. 924 1 0at tlrm. mixed 59- o. r -jfc t f (vls. idr i Keefatsady, family ia.S0Yt 4.09, packet ' ; nrm; Na 2, 02; July 04; 1 Tany "r the crimes for which the A Dec 9Hlk. May ioi'4 , unwntton law u riroupht into action St.l-4 S.P.48 7544 , hamal21.00S28-00. 519 iff. beer SCUxS.W.ca4a 71 S.A.L.4a 65 Cut meat vif, pickled bellies !ll,4ai4 plckledshoulders .. pic tiled hams li' lS Jbara easy, weatern prune 58-8518. 5, com- S0.Pac.4a. 895 ! refined eoay, coaUnaat $9 0O& do 1st 49 cer . 87 pound aH9. So. Rwy.Sa 193 Tex. A Pac. lata -112 T.SULA VVS 75 Union Pac.4a 99 do CT.4 U.S. Steel Id - 92 Wabab lata -107JA do Deb.B West.Mld.4a - S W.k LakeE.4 WiaCea4a. 83 Jap4B. 775 Stocks. lf-14 12.18 12.20 C2.25 12-20 12.10 12.3 ' .i r- UrercoL . Xf. Cotton ipot quiet ta lower. dim fali 8.J2, food middling. tQ, low middling .gc good -diivary fXO.' today war bale ol e for speculation and esport A ASosu Rel112 ope nod quiet and d- !!WT6S 1 Am-Hlded:L.pr 15 American Ic 50 ' k pgfe. Am-LJnseed OU- 8 ClO prof 17 AnuLoconaoUve 81 "60 pref..-99 AmuS-A Bef , 94 do pref 94 Port Movement: 0 aires ton NewOrleuua Mobile Savannah . Charleston..- WUmingto Nor folk. 1 Mltlxnor New York. Boston Philadelphia-.. Isterlor Mormt Uou8tun Augusta Memphis- St. Loui CUicUniaU... 1 loulville I Twia. ;Mlddll'g. Rocapla' -- 00 atuiy 38 nominal is 62 atsady 1254 210 nominal ..... dull 13 3 ; nominal 13 y - quiet 18 23 do 13 ZS ateady 13 34 2.047 quiet Wi 44 do 87 I do lig 224 arm 18!4 I Dry Goods. New York, Aug. 20. Today was an active market with the jobbers and the" amount of business gathered, was of very satisfactory proportion. The primary distributors received heavy ma:l orders for business in advam e. The market was very firm and undia tui'oca. , ' Stocks and Bonds. New York. Aug. 2Q Consideratinos Of a political character governed to day's stock market almost to the ex clusion of all other things. Secretary Taft s speech, which Wall street chose to regard us the "key note" of the next national campaign, and Presi dent Roosevelt's Provincetown ad dress were .practically the sole topics of discussion lh financial and specu lative circles. There was naturally much conflict of opinion as to the the significance of these important Utterances. Business on the local ex changes was halting and uncertain all through the early session .and opera tions were a train in moderate volume. The undertone was ."uncertain, but the C'hea.Ohio i Safe ChlcsAit.. do pre2... C.a.Waotern... 9& CfcJcftgoAN. W.-.342 CbXM.A StP 22& ChlT.& Trans 3 ' do pref is C. C.C.dt St L 53 CoLPual k Iron- 23'4 CoL Soiithrn 18 do 1st preL.... so4 do 2d pref - 39 ConaoL, Oaa. 10J Corn Pro. 13 do pref.' 3 PeL& iludsou. 15154 D. L-ifc We?t. 450 iJen.A Rio Uran 23 do pref.. 65 iJlBtiller'aSec .,. 44 Erie.... .... 21 do 1st pref. 52 do 2d pref........ 31 Gen. Elestrlo . .-1238 Hoek.VaUey IlLCen. -13214 Int. Paper 12 do pref 71 lntPuma. do pref. at Iowa Central .. 14 do pref.. . 22 Kan. C. So 23 do pref 49 L- N,.. -105 Mex.Cen iu, Minn. St3 40 Ml.St.P.a.S.M.M. 8t do prel. 120 Miaaourl Pao M.,Kan-dcTex 33 H do pref..... . 0158 National Lead 43K NJLR.ofM.preC 41 N.Y.Central 104 N.Y.Oat.dtWeat. 31 N.W . 6894 do pref 78 yoAiarlnn- 4 Paclffo MaU 24 Penn.. 117 People's Gas 8376 P.C.C.dtL.L. 65 Presa-Steei Car.- 24 do prer..... 8 1 PulLPalace Car .151 Reading 89 H do-lit pref. 77 do 2nd 72 Republic Steel - 1944 do pref- 69)4 ock Island Oo 18'4 prl 4144 Oooda ao.Fran- cjSud pref. 3144 S.L.i So. Went. i do preC 4 1 $4 Sc.Pfcc 83 do pref...... 109 South. rty. . ssj4 do nreC...... so Tenn-Iron Coal.-is Tex. Pac. ....... 25 T.SLU& W. 24 Pork steady family 819-09. short clear. 316.60917-75. mtu 18 0i &518.50. Tallow 6teady, city 6m, couatry 6S7. Rosin arm. strained common to good, 84-50. TurpaatXne Arm, 53. Klce quiet, domestic fair to extra StH- Molasses quiet. New Orleans SO&SA. goo-i to choice 37 it 18- CorTee spot quiet, Na 7 Invoice 74. Santos No. 4, 78. mild quiet, cordova 91214- Huafar ateady, fair refining 83-43. eentrlfu gal 94 test 8 1-91, molasaejsa rar 65. 18, reflndi quiet, confectioner's A 81.60. mold A 85.15. cutloaf 85.30, cruanei 3-3i. powdered 84-9l. granulated 34 60. cube 85-05. Butter arm, extra creamery 2015 common to extra 16 322. atata dairy oomm -todrata 1921, retiarated common ta extra 1622, ieetdru factory common to firsts ti 2t 1 .western ex traj, 21 ursta 2321. Cueasa firm, a tat a full cxeameiy Ll 12 4. large IVA aki ma 914- Bggadrin, nearby selects! white 2628. da choioe 2315. browa 23, mixed extra 23. CrsU to extra first 1831, weatern Urau 19&19. seconds 1618. Potatoes easy, per bhi. 61.75$Z.25. new 81.00 $32.00, Jersey sweets per basket $2.12 fe2-37; Southern $1.2582-00 per bbl. Peanut quiet, faao aaad-plcitel 4)4. other domestic 37. Cabbi?3 ateady, dull. Danish a . do per crate $l.1.6l; Lonz Island and Red Savoy 33f450. Cotton by steam ij Liverpool 15c- Cotton seol oil easier. Prime crude, L o. b. mills, notn. nrloia sum mar yeUo 55 nom. orTsum'e yaliour SI it SI. gool olf lauimtr yellow 8fi; prtuii waiie 624; prima winter yellow 6264. What I mfcant was simply what I said: The church cannot become a party to the hue and ory that Is so popular today. 'Down with every thing that's-igot money at it's hack.'" I am In no "sen.se a soclalLst. I hate socialism nst I hate the devil. I be lieve that socialism as now advocated is the wtin; of communism which is the child n the devil. "Our goo(l nf-wspaper friend might take a bit o! this medicine which they are giving okit on trusts and combine, and perhap that wcnuld be a bit of Interesting matter for the public. Here is i a paper In the city that's Into the Associated Pre93 combine. iAnother paper starts up in thi3 iamfe city and wants a share in it called I the news. But no, .the only treaty .that can be made is that the new enterprise go out of busi ness. There is no bigger trust than this. What Is thl, after all, but forcing u competitor to surrender to a trust? I'm not saying thatithis is wrong. I 1 ill leave the public to do Its saying. ; What I am making a iplea for is - consistency in our flsrht against corporations and trusts; My position let me state it again 18 simply thfsrl That the church is to know no distinction between money and poverty in the application : of the truth." j . Baltimore Provision Market. Baltimore, Aug. 20- Flour dull, winter patenUJI. J54i.5S, 8prin pateati $5. 95 A Wheat, strong, spot contract 8814. southern by mmp ei Jt Corn atron. 61&'4; aouthera whltj, 5Sd 62. OBte flrmer. No. 2 white 59. do No. 3 whiteSZ'Ajft. N j. 2 mtxjl i(5 Uye quljc. No. 2 w&slaru Si. liattor rtria. faaoy Imitation 22 24. fancy creamery 2a27; fancy la lie 2021. atoro packed 1718. Kgga ateaiy, 20it21. Caeoe drmar, lare 15, medium 15'4, amall 154. So-tkc unchanged coaraa Kraoulatci 85.10, fluo 5-10. CTJRlOrs TlilXS ADOIT STRIKK. do pref . 42 Union Paclffc. 125'4 do pref 82 U.S.Kx 75 do pref U.S. Eteal ty 48 U.S.ltubUer do 1st pref 8Ss U-S-Steel . x ft do pref 9314 Va,MJa.Chem Co 1044 do pref 93 Wabah ioJ4 do pref 20!4 Wells-Fargo Ix..263 Westi'houae KI...120 Weat-Unlon 73 WAUkeUrla. 10 Wisconsin Cea 14 do prel .... 32 No.Pac... -11744 Can. Leather 17 do pref 84 Sloas-Shefrr3ld. 46 GLNorth.prer.H 9 InuMetropoUC. gjfs do pret 22 Standard OU 433 New Tork Money. New York. Au. 20 -Money on ca'.l steady. 2&3 percent; ruling rate 244; closing bids 2: offered at 2. Time loans quiet, 60 dsv 0; 90 days 6; mo. 6 to 7 p. c. Prime , . j ,. tivaHi.io paper o; rtveruum eir.aania , . w wa... v.u.. v.. 1 wim actual Dusinesa ia Danger sduib at all marked recessions was regarded 1 47.5Slfc for demand and at 433.00 a favorable sign. London seemed dis- 1483 for C day bUis. Posted raten 484 and turbed at the tone of secretary Taft's " Jl! merla1' b,"t 82- Bajr sliver anecl Thlr f.niii1ilr,tai .-i,(j ' "'S- Mexican doHcra St. Uovernm t bonds upeeci.. ineir continental markets 1 rrerular. nmirr,- rT5- .,a i rA nnKOttlo' Th , i. . i., , uuuu. .j. in the local market were the traction shares, which went lower than at any time in this partlcula.r movement, in fact, Brooklyn Transit sold at the lowest price In gome years, and the Interborough-Metropolitan stocks also went to new low levels. American To bacco common which Is supposed to oe controlled in large part by Inter- wincinetoa. Aug. 2C Turoencina. steac" v. Hcval Stores. Alio- it receipts 88 casks. Rosla ctetdy, 330: receipt 308 bblc Tar arm. a.80; receipt! 129. Crude firm; $3.00. S4.89&8 -7B. Chaj-lMsa, Aug. 20 Nothlaedslax. Sarcaaab, Au-. 23 Turpentine Arm, CO: aales Mi. rscelota tmf Kin..Mr. Governor filenn's Statement In New ; York Answered Absurd Mute- j men Is About Position. ! Ily WILMS J. ABBOT. j Washington, 1). '., August 20. One I of the curious things about the tel- ; tKrapher s strike is the ease with j which the companies, according to ) IliiCH j vy li 1 yvi c , m v. u. ojs clii the teleigraphers to take the places of the strikers. It was understood that in this era of grt-at prosperity no one was out of employment. ('er tainly it would nt seem that men .following a distinctly skilled occu pation like tlegraphy, which by the a- Ls very badly paid in relation to th? ability necessary to carry it on, would not in this moment be out of a job. Yet the owners of the tele graph companlea and the managers, say that they can find plenty of un employed telegraphers and thit the .strike Is not affecting their busi ness. They ought to know, they are do ing the hiring. Hut if in a skilled occupation there are more men idle than there are men who being em ployed go out on strike, it doca not seem as .though the golden era for the working man had yet arrived. If this is the case with the tele graphers, what must it be with the unskilled laborers? (Jovernor Glenn In New York. It's worth while now and again for the executive of a Southern State to visit a Northern city and get quoted fairly as to his opinions aid his acts. Gov. Glenn, of North Carolina, has been charged with de lying the la.ws of the United States and with threatening secession. In a Republican newspaper whose re porter met him in New York he quoted as saying these things: "The two and a quarted cent pas senger rate will give a profit of ten per cent to the Southern Railway on business done in North Carolina., If the company can show this rata confiscatory pll call the legislature DO JUSTICE TO CLEVELAND. To the Kdltor: In yesterday's News and. Observer the article you copy from the Brooklyn pagle, writ ten by Mr. Julius Chambers, makes a remarkable plunder about Mr. Cleve land's objection to the Wilson tariff. It says or Mr. Cleveland: ; "He couldn't control a Congress of bjls own party, which went farther in tariff re vision than He desired." The truth is that Mr. Cleveland refused to ap prove the act after the Senate had loaded it doyn ;with protection. As passed by the House, the bill was ac ceptable to jill Democrats whp held Mr. Cleveland's views; but two or three members of the Senate ; whose support was necessary to the success of that or of any other Democratic measure, refused to vote for it until they ' had secured the adoption of certain protective amendments. You may remember that Senator Gorman war. erroneously supposed to be one of these repudiators of his party's principles. When this? amended measure came back to the House. I remember that there was much of what "our .army" did "in Flanders." and many mem bers supported it with the. feeling which VanH said he had when ho voted for GrOeley. : i' Tl. F. GRADY. Clinton. N.5 C, Aug 19, 1907. Solemn Warning to Insolent Plutocracy. Continued from Page ireo.) Uorough-Metropolltan interests, broke KoVinrm:Ue 2.,2, receipts 8,48 .qId-tweno-nine points on the "curb" dur- ! menu a.051 atocka VfOsT on wnat appear a vs.b, ana, 1; 84-09, r 84.20, E liquidation. Tlia fW-C glH ii fl-TI, l4.$l, K ther recovery in Vtf 85.10, WW $8.15 ,t p-'" . - : ; ing the early session on what appear w to oe e moreen, uq general list made furthe ine last hour, nienest p 'Jay being then attained. Final prices H're somewhat Kfiuaea. bu. i.it V..VJ,. 1 ihg was moderately active and urm. jocai monetary conaiuons e-jnced; a further hardening tendency. Some over-year loans on all industrial col lateral were made at the high rate of 7 1-2 per cent. The only noteworthy railroad return of the day was that of the Louisville and Nashville rorl, T;hose annual report showed a amall - net earnings and a corres 1 ..;?) y ollm. increara li ens-i-ii- GTr.in and Proicions. Chlcajo. Aug- 20. Wheat prices on the local exchange advanced more than one cant today beccuss of unsea sonably low temperttures Jn the Itorthwosl anfi c livaly demand for ex port, te close tha Seotamber de livery cas tyj 1 1-3 cent Corn was u ono! am. Octs wa?i tvj& cents burden of the losa. That burden! j should be distributed and not placed ' 'solely upon .'the -weakest individual.! the one leasjt able to carry it. By 1 making the employer liable the loss) , will ultimately be distributed among ' all the beneficiaries of the business. j larger Powers Desired. I I also hope that there will be'legi i lation increasing the power of the ! National Government to deal with eer 1 tain matters concerning the health of j out people everywhere. The Federal authorities, for instance, should Join with all the State authorities in warring against the dreadful scourge of tuberculosis. Your own State govern roont. here in Massachusetts deserves high praise for the action it has taken in these public health matters during the last few 'years; and in this, as In some other matters, I hope to see the Nctional Government stand abreast of the forerriost State governments. Individual Character. I have spoken of but one or two laws which, in my Judgment, it is ad visable to enact as part" of the general scheme for 'making the interference of the National Government more ef fective in securing Justice and fair dealing as between man and man here In the United States. Let me add. however, th'-it while it Is necessary to have legislation when conditions arise In any great movemont, ouch os that In which we are engaged, nothing is more necessary than sanity, than ;the refusal to be led Into extremes bythe advocates of the ultra course on either side. Those professed friends of lib erty who champion license are 'the worst foes of liberty and tend by the reaction their violence causes to throw the Government back into .the hands of the men who champion cor ruption and tyranny in the name of order. So it la with tbas movement: for securing Justice toward all men. and equality of opportunity so for as it can be secured by governmental action. The rich man who with hard arro gance declines to consider the rights and the needs of those who are ess well off, and the poor "ian who excites or indulges in envy and hatred;; of thns who are better off. are alike alien to the spirit of our national Hfe. Each of them should lear,rt to appre ciate the baseness and dergradation; of his point of view, as evil In the $ne case as In the other.- There exisltsno more sordid and unlovely type of ;so cial development than a pluocr$cy, for there is a peculiar unwhiolesome ness in a social and governmental Ideal where wealth by and of itself Is held up as the greatest good. The materialism Of such a view, whether it finds its expreslon in the life of a man who accumulates avast fortune In ways that are repugnant to every in stinct of generosity and of fair dol ing, or whether it finds its expression in the vanidly useless and self-indulgent life of the inheritor of that for tune, contemptible In the eyes of all men capable of a thrill of ldfty feeling. Where the power of the law can be wisely used to prevent orto" minimize the acquisition or business employment of sucn wealth and to make it pay by Income of Inheritance tax its proper share oft the burden of government, I would Invoke that power without a moment's hesitation. legislation a Partial Remedy. But while we can accom'pHsn some thing by legislation, legislation Ban never be more than a part, and often no more than a small part, in the sphma vf moral nrogrejssi on r.rndf 'nr vindictive legislation may at any time bring such progress to a nan. eria.ui buuiujhhv . . - t-.t nnnoo tn T-odlstrlbute th WOTld'S goods by refusing to thrift and energy and industry tneir proper supenuruy over folly and idleness and sullen jen vy. SucTr legislation would merely. In the words of the president of Colum bia University, "wreck the world's efPciency for the purpose of redistrib-utlno- the world's discontent." We lr Vifturf and iintil for the real and permanent betterment wrucn win nil our u?iiiJcrt.mj unw- imtion to a Wrhpr level of safety and usefulness. Such betteri.ient can come only by slow, steady growth of the enlr .."-V.lr.Vi mofoifl A. rnrAlM. but not a sentimental. Justice to each man jon nls merits as a man, ana w men reuvs h fnet that the highest and dfppest happiness for the individual . . . lies not in seinsnness, out in service None More Competent. j (Goldsboro Argun.) , ; TVi Stntp TT"n rm erV AllfaneA. s at their annual meeting In Hlllsboro. this week unanimously elected Capt. J. E. Peterson, of this city, as their nresl dent for tire ensuine" vear. Thev could not have selected one wlio.- 1 mere competent to conduct tne exequi tlvc duties of the office nor ore morp conversant with the needs of the fanners and their own shortcomings, for he Is, himself, one of the best farmers In the State. RALEIGH & SOUTHPOnf JL TL CO. TIME TABLE NO. 22. Effective Sunday, May 12th, 1007, at 12:01 a. m. Dally Ex cept Sunday. No. 1. A. M. Daily &- cept Sundrsy. No. 2. P. M. 8.00 . 8.15 f . 8.25 f . 8.33 f. 8 43 f. 8.55 h. 9.01 f . 9.15 . 9.26 f . 9.40 s. 9.55 s. 10.03 f. 10.10 10.14 10.29 11.02 s. . 10.50 f . . 11.15 f. . 11.30 f . . 11.40 f . . 11.55. . . No. 5. P. s. f . f . Ar. M. STATIONS. . . . Lv. Raleigh . . . . . Caralelgh . . .... Sylvaola . . Barnes . . . ..... Hobby ... ... . McCullers . . Banks . . . . Willow Springs . . . . Cardenas . . Varina . . Fuquay Springs . . . . . Rawlcs . .. Chalybeate Kipling . Cape Fear ...... . . . . Linden T . . . . Bunlevel . ... Buckner , . . Carver's Falls . . . . Tokay Fayettevillc T Lv. . No. 4 Tt , . 5.00 . 5.45 f .5.39 f .5.28 .5.20 .6.15 .5.01 .4.50 .4.35 .4.32 .4.17 .4.07 .3.59 3 .3.54 f .3.3tf . 3.05 s .3.15 f 2.52 f .2.38 t .2.31 t -.2. if . A. M, 4.40. . 4.50 f . 4.54 f. 5.00 f . 5.07 f . 5.15 s. 5.20 f . 6.30 s. 5.38 f . 5.51 s. 6.00 s. 6.06 f . 6.13 s. 6.17 6.30 6.36 48 68 10 f. 23 f . 7.32 f . 7.45. . JNO. A 6. 6. 7. 7. f. f . 8. f. S. STATIONS. . Lv. Raleigh T t Ar Caraleigh ...... Sylvaola Barnes ....... Hobby McCullers Banks . . Willow Springs . . . . Cardenas Varina . Fuquay Springs T t . Rawles Chalybeate . . . Kipling Capo Fear . . . . Lilllngtor Tt . . , Bunlevel .... . . Linden T .... , Buckner . . . . . . . . Carver's Falls . . , Tokay Ar. Fayetteville T Lv. MILLS. Pres. and Gen .10.40 10.30 f 10.26 t 10.18 ii 10.10 f 10.06 fl 10.00 .9.50 s .9.43 1 .9.40 s .9.23S .8.13 t .9.06 s .9.02 f .8.47 f .8.43 s .8.27 f .8.17 .8.0RX .7.61 7.4 4f .7.30 Mgr. law. Ve respect capital and honest i TL1"? 5ftn, only cope with eyils wealth hao nothlnc to fear from ... i "ie,ni aeuon or ail of-us. hllssr. Povlslona vere tjnehvetisrod lo If a United States marshal had tried to take a prisoner away from a State Judjre, 1 would have ordered out every soldier In the State to enforce the State law. but 12 Frasldent Roose velt had sent the Federal troops into our State we would have thrown up our hands and submitted to force." 3ov. Glann'a 3osllon is obviously perfetly logical. It Is Well that ho iiad an opportunity to explain It to c Northern audience. The corres pondents who hava basn writing about his "firebrand attitude" evidently misunderstood him. When all La lost save honor a man tries to stand, on his dignity. yet that we Can never afford to forget that in the 'last analysis the all-Important factor for each of us must be his own Individual character. It Is a necessary thing to nave good laws, grod institutions; but the most neces sary of all things is to have a high quality of Individual citizenship. This does not mean that we can afford to neglect legislation. It will be highly disastrous If; we permit ourselves to b misled by": those who see In an un restricted Individualism the all-sufficient panacea for all social evils; but it will be ' even more disastrous td adept the opposite panacea of any so cialistic system which would destroy all individualism, which would root out the fibre5 of our Whole citizenship. THE NATIONAL BANK OF COMMERCE oNOROLK, VA. Inrftcs correspondsnca with sncH Norft Carolina Industries as Bssd tin Facili ties afforded only by tbs largsst aai cost extsaslva fcaakirg lasMoaj. Capital, - $ 500,000.00 Surplus, 377,000.00 Deposits, 5,000,0000 uxmmn beauam, tmmvi HUSH U. KERB, Cashlsr. ' 6real2St Stead; Grcwro of Aa; Baak la Ttla Sectlca. 4,: ; ABSOEjOTE I SAFE ; I 1 Id the selection of a portance tcf b considered! cbsoluts csxety, Alloxz us to suggest that this ljank fully ! meets tht requirement. FAnr.ims.DAra CAPITAL 'M (JO AH P0 SOLUSfVvVaVJ COFiiTiimCaAl & J. J. Thomas, Prest. A. A. Thompson. IVlce-1?rot. B. S. Jerman, Cashier. II. W. Jackson. Asst. Cashier a 4- . American JBndih(& , j of Baltimore, Kid. w 1 ) local Agents Wanted. Address ; ; J '.' JEt Rllft S Gen. Agt. for llorth Carolina, Rzlelsfo ll. C "A-' t - ' !T1 J DEPOSITORS INSURED AGAT NST XXS3 IIX BANXt FAXLTJIIC Raleigh Eantting and .Tcucj .G j Three jtcneratlons of gncofesfnl thanking. . . ; ,; .. 1905-18S5 RaleiY National Bank. , . " f rf 1885-1905 national Bank of Ralelsb, 't t..- , . v V 1905 Raleigh Banking n4 Twist Company. Sr-ir' v-A Ai Have" paid oat to stockholders in Uvldcnd ' and ' aocnnmtitcOl v . " ' profits more than j ! f - - ' 7 K t - ' A MILLION AND I A foALF &3LLA03 , . 'I I H . .. . t" j - Xruat Companr," thonah less tuan two rears oto, m Canltal: ONE HUNDRED THOU SAND DOMARS. Undirlded Profits: SIXTEEN THOUSAND DOLIiAUX w -m aws a a rsii Hm Sars aa srsrv V v.v 4. -.w v at iteFources; xruutriJAj.vA.AVLva iv a Mivutyn iiuaiAiu . ' . CIIAS E JOHNSON, . President. 19 m Mlm 1UUUUJ, i J . Ga&hier . i ' Unreasonable for one to leave nn&maranteed the ftttore welfaro 4 of his famllj, at The Penn Mutual tlnm which has In the last sixty rears aorsimnlated over EfBi-flTe MUIlonj Assets (the property o Dollcj-boldcrs, thrill coEH ftlm an nnnuai uiviaena conrenoie, -lenix.-r. . policy, under which he is required 1 6 pay only tno oz&l of. carrylR t the risk. Written for terms ol 5 orfiO years. Slfiy .to crnfifcrcl v?o: same plan or cnanged when deelred to ordlzi iilat, limiLsi life, or endowment. " If preferr ed, the new pallor viz? lis cisAal bacU to original date, f nil credit betas? arlv en for all prertoiiE prxnluxuju NO ItK-KXAMlNATIQN required jin (any case. v . j ;-: Hundreds of the most prominent North 'Garoitoa-.,Vitc.&i5Esi -.ncx carry, from $10,000.00 to $50,000.00 of this p on tract- . . . " " . Ten year term sit . age' ol' Sf. asnsts $1140 per i,00G.C J; s rv T0t $150 Bge 40 $15.50, and so on. Cash, dlvldeh ds reduce second tzci Zutm pre ml ums from 15 peer cent, to 25 per cent. . ; AGENTS WANTED, i Address. R. B. RAXEY. Gci... AzL. IUJjih, liM :1 Manufacturers of PAINTS. GRINDERS OlPUZJSXf aj?fi Clor In 0L - BOX 120. i Catalogue on request. I aninirlPaIiraffi'aini.dl!: villi line oi unuuea uiu mu jruu cb- auyuii.vm$ . f. i-nip a. ;;xi'od2onv! va, ' .-I RALEIGH MARBLE WORKS, Cooper -Cws., Frcprhfors rrnffe? i: ' 11 - - . ? - Jlaleih, IT. c; - ! n JJ Over SO.jpaejKseTatrtUns put of Raleish daily make it posslb'e to shin lea quick. Immediate attention to sll or der In and out of town. i J ohm in ' : . ' i C Wholesale or Retail .OAL ! V O .. Cut Split: .and ready fori use. ..'..( n. i 3 re are coiors wmcu Biniiy esdnsss, cUiCta wblca do you ever stop to think how oiien people are r. Yen know that there tndicate haDDineaa but d mm m ' ar - -" r wmm aaw tr vs made lid nr trlsut hjfjn anf rhA slv-v . You know that children and flowers thrive best ia the sunshine, why not have mors crnsaLae la your own home, then-Uwhy not Jet us thavr rexz tax? to lrci it la tbo waUs using. . J If a i " i ' ' -f 1 - ; i J " v t?Tt ViUt s-'m 'With Alabssl U 3 rcu vill urrka ' fT them mora UrlizJc? z:c--z c'r. abl3 moro ccniiruy- enC rril make your ho:n3 v, uc.va clios:, you how czsj a.'ioi ccc.iIci V ; AlabiLStina la. nnr! hsv ,.ht il t ' . j ferent tints tnd cr.:ri2t 'e'e-' v : tljns can ba corill"? tc - , cuca oxf .cur" j 3 -."J- ? t you want." - - ' t a watXali C-ai.. .4 r i rise -?p . Jncrredr or """ -vr'.y h: -i- .&-ixai:dv.v.-..: . c y-i : V -ft I .1
The News & Observer (Raleigh, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Aug. 21, 1907, edition 1
7
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