Newspapers / The Courier (Asheboro, N.C.) / Nov. 19, 1914, edition 1 / Page 6
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NO TRUCE WITH TRUSTS BUT BIG BUSINESS IS SAFE MAN WHO WON GREAT LEGAL BATTLE IN TEXAS OIL CASE OUT LINES POLICY OF OFFICE TOWARD GREAT COMBINES BRIL LIANT AS YOUTH, ORATOR A ND LAWYER IS GREGORY. "What the Sherman law is intend ed to prevent is acquiring the pow er to increase prices and reduce the character of service. The law as sumes that, having the power to in crease prices and reduce the char acter of service, a monopoly will eventually exercise that power, even though it may not do so at once," In this way Attorney General Gre gory sounds the keynote of his administration of the department of justice, and sets forth pithily the at titude he has acquired as a result of long and successful fighting against unlawful monopolies, says the Wash ington Post. The man who now oc cupies one of the most important po sitions in the cabinet brings to the Washington administration a record unequalled by any lawyer in the United States. The new attorney general is the one American prose cutor who has forced a powerful trust to its knees and compelled it to pay a heavy penalty. Represent ing the State of Texas, he not only drove the Waters-Pierce Oil Company beyond the confines of that State, but compelled it to pay as penalties for violation of the Texas laws the sum of 2,000,000. Powers of His Position Because of the fact that the Demo cratic party is pledged to battle against trust evils throughout; the present administration, it is only nat ural that the people of the United States should look with keen inter est to the personality and ability of the man who is now America's chief dispenser of justice. The newest member of the cabinet finds himself in a position of great trust and tre mendous power. He has under his command an army of secret service operators that eclipses the combined forces of the secret service employed by the treasury department and the postal department. As the recognized legal expert of the present Washington government, he is called upon by the chief execu tive and by every other member of the cabinet to rule on all essential legal questions affecting the admin istration of every department of the government. His appointive power of the United States, and the activ ity of the department of justice un der his regime will be reflected m the federal administration of justice from one end of the country to the other. Attorney General Gregory is a southerner by birth, and has spent his entire life in the south. Because of this, one's first impression of the man does not measure up his domi nant characteristics. He has the quiet courtesy of the southerner, the low voice and tactful manner of speech of a diplomat, it is only when the visitor studies his gray, fearless eyes and notes the alertness he has rnherited from Scotch-Irish ancestry that clew to the man's true per sonality is obtained. He is a real fighter, but one who tempers his de termination with remarkable patience and absolute self-control. Third Oldest in Cabinet The new head of the department of justice, although not quite 53 years old. is the third oldest man in the cab inet. The secretary of state and sec retary Redfield are the only ones who rank him in years. He was born on November 6, 1861, was graduated from the law department of the Uni versity of Texas in 1885,and in the fall of that year began the practice of law in Austin Texas. It is a curious and very interest ing coincidence that Attorney Gener al Gregory is the third member of the President's cabinet who claims Austin, Tex., as his home. Postmas ter General Albert Sidney Burleson and Secretary of Agriculture David F. Houston came from the same city of 30,000 inhabitants that gave the attorney general his opportunity to demonstrate his ability as a prosecu tor of monopolies. All three mem bers of the cabinet married Austin girls, and entertainments in Wash ington tthis winter to members of the President's official family will be marked by a note of intimacy unprece dented in the social history of the na tional capital. Mr. Gregory's Brilliant Record. The attorney general's reputation has been built on his intimate knowledge of the law. and much of the work has been done within the confines of his office. No one who has studies his brilliant record would gather that his earliest inclination had a tendency to put him before the public as a speaker. When he attended the village school at West Point, Miss., he took an ac tive part in its debating society. His favorite books contained records of eloquent speeches made by the great est orators of England in the period when Burke, Fox- and Sheridan sway ed the English parliament by their wit, brilliancy and erudition. The future attorney general was sent to the Southwestern Presbyteri an university at Clarksville, Tennes see, and without difficulty carried the orator's medal from a college course which he, for the first time in the rec ord of the institution, completed iif the short space of two years. He com oleted his education at the Unii versity of Virginia, and there wen the Jefferson debater s medal. Friends of the brilliant young stu dent predicted that he would reach the halls of Congress and become known .as- one of America's greatest orators.. They- wero greatly surpris ed when the young man opened '' law office is Austin, and utterly nesr- lectlng public debates, concentrated en bis legal practice antil be rose to a posdtioa of front raak at the bar of -is state, Bs bad readied the cona- usf!av fotitikm when, the agftatiesj ed a crisis. The state adopted rigid anti-trust laws, and undertook to en force them. As a means of doing so, Mr. Gregory and his law partner, R. L. Batts, who formerly served as at torney general of Texas, were retain ed by the state in the fight against the trusts. This marked the begin ning of a career that led logically to the office of the United States. The biggest case which Mr. Gregory was called upon to handle was the fight against the Waters-Pierce Oil Company, which was doing business in Texas under a state license, but which was a subsidiary of the Stand ard Oil Company, which owned two- thirds of its stock. Victory Startled Country. After a preparation for the battle that emphasized Mr. Gregory's pains taking care, the first step was made in what was destined to be the bitter est and the most brilliant prosecutor if a great corporate interest. The oil company fought doggedly, contesting every inch of the remorseless advance made by its young assailant. The fight was continued through all the courts of the state, and finally carried to the Supreme Court of the United States. The resistless assaults conducted by the future attorney general could not be withstood, and Texas won a fight that startled the eitire country. The license of the Waters-Pierce Company to do business in Texas was forfeited, and its property in the state was plac ed in the hands of a receiver and sold. Without Parallel in Legal History of The United States The average prosecutor, and even the most brilliant prosecutor, might have rested content with this tremen dous victory. He had brought the most powerful combination of capital in the world to its knees, but he re fused to allow it even a temporary truce to recover from the shock. He insisted that the state must receive from the company penalties for its vi olation of the state laws. He won his final fight, and the Waters-Pierce Co. was compelled to pay over to the treasurer of Texas the staggering sum of $2,000,000 in fines. The accomplishment was without parallel in the legal history of the United States. Trial courts have awarded judgments in great sums against trusts, but never before was such a penalty collected from a mon opoly. It is not to be wondered at that this crowning victory caused lawyers and business men throughout the United Mates to marvel at the will nower and fighting qualities of the man who had upset traditions and precedents. Golfer. Hunter and Fisherman Recollections of this fiirht raiisal tha visitor in the attorney general's office recently to marvel at tha nniat imm. suming manner of the man who is jiuw ui me neaa oi tne legal machin ery of the United States. Mr. Gregory has the appearance of, one who has spent much of his time in the onen air. Mis fit ira io ctwt his complexion is ruddy, and his eyes' are ungni. A COUpie or Well-USM golf balls in a drawer of his desk gave evidence of one of his favorite amuse ments. Moreover, he is known to his associates an an enthusiastic fisher man and hnntar His Particular nrafara-a ia fl-fiu .ng, una wnen ne can get away from his desk in Washington . hour at a time, he is certain to make mmBeu tnorougniy acquainted with the waters of Virginia and Maryland. He is known as a crack wing shot, and "c o"wvo rery wen with a rifle. A few veara am. hafWa th.. nis legal business became so tremen dous, he managed to put in a few weeks every year hunting big game. mi Biwrney general does not in-, dulge in theories about the evils of trusts and tha Sherman law." He knows what can be aone ior tne country and under the eX ISt nC law anA hi. I -rr 10 , ciu u uuers abundant proof that he can take every VL ,i,s power witnout for a moment overstennino- tha i; corporate rights and the dictates of ouunu uusiness judgment. "The theory of the law in regard to trusts, he said "is that competition is always desirable. Competition tends to produce better service and more consideration for the customer in the matter of accommodation. Nat urally, if vou have tha ,.h; . or more dealers in a commodity from , , Purcnase- you, as a customer, are likely tn wslv. i. . , -i -"..-.: ucLifi treatment than if you had to buy of one dealer. . , . " a trust furnishine- an nrtiVU i as iurnisneu before the trust was iormen. lou then, naturally, will say that tha trust io . - j But the fact that a trust may be what "M "cerl lermea as a -good trust' to day does not mean that V... .t- power, it might not become a bad n uot luiiiorTOw. 'Possession of the mnr.. pres competition, then, as well as ac tual suppression is undesirable. Purposes of the Government. "The purpose of the government in the anti-trust prosecution is measura bly to restore or protect competition when it has been destroyed, or is in danger of being destroyed, and to do this in a reasonable way, and in such a manner as to do as little damage to legitimate industrial and financial conditions as possible, while vindicat ing tne law." Ths simply spoken, lucid explana tion of Attorney General Gregory's point ox view and attitude toward "big business"-, offers -a clear and stronger analysis of the mat Ameri can problem than is found in many columns oa the same subject from other authorities. It is also an Hum i cation and definite exposition of the policy that will eevera the sew head f the desartaeat of Justie ia pro ONE FUNERAL IN EVERY TLN AMONG CHURCH MEMBERS DtE TO TUBERCULOSIS Study of 3,000 Churches With 1,603, 300 Members, Shows One Case of Consumption a Year For Every 20 Communicants. In an effort to ascertain how serious m nwiKlam tiiKAtvulnaia ia ti th tvar. age church congregation of the United stales, ine national Association ror the Study and Prevention of Tubercu losis publishes a report which shows that in nearly 3000 churches in 37 different states one funeral in every ten is due to this single disease. Tlirniifrh a miscti'nnniiirs unf nut all over tne country, z.&oz clergymen represent n j i,wajv communicants , or panosiiioners gave replies teuing at how many funerals they officiated during the year ending August, 31,, 1914; how many of these were due to tuberculosis; how many living cases of tuberculosis they now have in their parishes and how many communicants or parishioners. There were 36,798 deaths from all causes reported, show- me a death rate of 229.4 per 10.000 . .. , . , . - ., population, which is considerably hiffhpr than tnp rorrAsnnnrfino. vato for the entire country. 138.7 in 1912. Til. U,-V. JtU VV.t J.. t rtT .i V . j.iunyijr imc officiated at many funerals of others reeded exports by $lo 000 000 butl exPIa"alt'on ,of the daring meas than members or communicants, while the sea wi?rw;HbUt. V!? f.r ,the. Protection of the.r membership reports are taken from actual records. pram that is of vital i-.nn.-to- the United States. Urj,- 4t, tt m , . When the attorney general fought """. 1UURIII IS lontr and successful hattlo aoinct the Waters-Pierce Oil Company, he found his final attacks opposed by Mr. f--fiu o. :; Wl':'.: '" X ?rlolVn,5T Xew Haven aXr art rH 'L-r ' ii . ,. , . . It is an exceorlinc-v intorocf r .,,.t that the two men who clashed in the five" years aVn in hnrKiT:. .. jc,; "j V" V JnlZSZ? a Pn," n ;-, ltSW$ nnwo-n c vc a snnrfnllv f, "IT? the ses of tho v7, u '"7" " nanaie but TrnJZt. "LW !,,... .l ', , ..- .... u. Pt.K oi me montn tncy reached a to Texas its rJlt the ?f tal of 5,000,000. It is estimated that Waters X "Ka'tnr lne nealed to T rL H.e.ai?" motive, to .;g y w P"01"" nT .L, rt x- i, J ;c"cll, charge of the New Haven case. , Enter New Haven Railroad Case 1 Mr. Grecorv accented ami hn ... ! once a campaign that only a trained ! awver can annrp at tv, ,..!. u did in asssembline- eviilpniP. hiiii.iir,., , up his case so rarefullv that ito ' dation could not be attacked. :ind tracing out all the details of the pur- i chase and operation of every one of the once comDetitive linos nhsnrKik,. the New Haven road, represented a otupenuous tasK ana demonstrated the genius for detail nossnssml W tho from Texas. J When the mvsrimn. fil,l uni last July against the New Haven road in the ITnitpd atat n....... Court of the Southern District nf New York, the company soon realized that the Case Bcatnst tham AnfyA A fense, and decided to abandon a losing ugni. ine xsew Haven road is now negotiating with the United States ffovernment and tha raenlt nt tka ... gotiations will be a remarkable trib ute to tne man who planned the battla against the company. It is verv nrohahla that tha of the country who hav read stories of Attorney General Gregory's grim, UnCOmDrOmiHinir fitrht airainet t ,oo will picture him as a bitter and re-, morseiess ioe to monopolies. No im pression could be further removed from the facts. He talks ahnut tha objects of his famous prosecutions in a cairn, impersonal, judicial, almost detached manner. His manna. veys an extreme sympathy for the oig Business enterprises of the United oiaies mat nave carried the commerce of this country to tha en A nf tha world, and made the United States the greatest commercial power of the cen tury. The visitor fepls that u-hot r Gregory considers a "bad trust" has little hoDe for cessation of hostilities On the Dart of the denartmant of ins. tice under its present chief. An equal ly strong impression is gathered that no detail of the anti-trust campaign Will be allowed tn ininra or horxlian any business industry that is attempt ing to operate under the laws and . -i v.. .one auu within the confines of legitimate en- terprise. There can be no doubt that tha now attorney general is destined to loom big in the history of the present ad ministration. His life and his achieve ments present an absorbingly inter esting story of success. He was born in the tinv Villace of flraivnrrlsville. Lowndes county, Miss. His father, . ioniio huuci t viicfcurjr, was a native of famous old MerlrlanVniro- ountir I r rancis Kobert Gregory, was a native Va., but moved to Mississippi. He i ervcu aa a captain in tne twenty-nitni Misaiscinni dnrin tha .iml 1 Mississippi during the civil war, and oiea snortiv alter tne natt e or r.nr. inth. Gregory Claimed By Three States The future attorney general, the only child of a widow, grew to man hood on the Mississippi plantation of hia mntamal cranrtrathar Malay Thomas Watt, a prominent planter of tne state, consequently several states claim the attorney general as its rep-) resentative. Uississinni natnrnlf boasts of him as a nstfve son. Virgin ia claims him as a descendant of one of her oldest families, and a graduate of the university that bears her name But it is Texas that has the strongest clafan to the new head of the depart ment of justice. It was in Texas that he established his reputation as a law yer; it was for Texas that he won the nost remarkable light in the legal his tory of the United States and a Texas girl is his life companion and ths head of bis. new boats la Washington. INTERNATIONAL CREDITS BEING RAPIDLY RESTORED THE FOREIGN EXCHANGE PROB LEM HAS PROVIDED JTS.OWN SO LUTION THROUGH THE ENO RMOUS EXPORTS OF GRAIN, SUP PLIES AND MUNITIONS TO E UROPE SINCE THE SEA HIGH WAYS WERE CLEARED SUFF ICIENTLY TO PERMIT OF THE SAFE PASSAGE OF CARGO V ESSELS - DURING OCTOBER ALONE ABOUT $95,000,000 OF OUR FOREIGN OBLIGATIONS WERE PAID OFF OUR TOTA L DEBT WAS OVER $300,000,000, BUT IT WILL HAVE BEEN LI QUIDATED BY THE END OF THE WINTER kpy o. . r oniame. I ihe assurance given by Secretary of the Treasury William G. McAdoo in an exclusive interview published in tne nnanciai columns or the world was wnouy psycnoiogicai. nut .ng on Tuesday that the international land was at war, with all the hazards 1 t I ksfnu th. niiuli U knnUxa fVt.t guch a 8atigfactory stage that no further emergency measures will be i. i,-j,,.i out in the current developments. The course of forei-n exchange continues to record the Duiidin- up of heavy foreign credits in favor of the United states, and the testimony of this un- errin barometer of the state of in- ternational commerce is corroberated h t : " ncaouijr icpuits ui lureiK" trade, which show that during Octo- i , ... . I tennnnnnn vy.w,uvy, i..rac ui uuo.000 over the September balance. war began to make its demands on American mills ami o-mnnrios rt-.. . ,. , " . . . was an immediate change in the bow nf tmrin uio.,no .twii..i t. heln meet American nhl! nhrmrt abroad. : , ..-.a.,-. The department officials based their, estimates of October exnorts on re- Ports from New York. Boston. Pbila- ?hi .Baltimore, Galveston. Kew urieans, San r rancisco, Seatt e, De- .. , .- , . ,' 7 ,. ' ' . . 80 ner cent of 'the ronntrv's .,ti fr?m, . PPL"!8 lor oer amounieu io lt,oU,UUU, while l.he importsabout 85 per cent of the American total were ?119,170,000. LorO 4-10 the ex- puns t re q..w,p:;u,uuu. in tne lollow- Z eek they decreased by $6,000,000, but in the third week thev jumped to mrl th- .000.000. and t.fe last tne total exports for the month wil amount to $200,000,000, with imports of "0.000.000. If that proportion is October's exports will snow an increase over those of May, when trn.n ron,litinn hmo,i , - practically normal, of $:)5,000,000. Our Foreign Debt. While exact information as to the f"'l extent of our foreiirn obligations maturing in the Deriod extending from tne beginning of the war until Janu.ar.v next is extremely difficult to obtain, the best opinion among the in ternational hankers is that thou substantially above rather than below tne $.iuu,uuu,uuu mark. As formidable as the debt may . have seemed, it was never sufficiently staggering to warJ rant the apprehension that arose dur ing tne crisis immediately succeeding the declaration of war in Eurone lest we should be called upon to pay every aouar oi it in gold or forfeit our good name abroad. This is the richest country in the world; it ia nt nanra with all the world, and it was in a po-f sition when hostilities began in Eu rope, to pay all its debts in any way its foreign creditors demanded and extend emergency credit for aa equal amount. This might have buen done but ft the panic of fear that would haveVseized upon, the people at the thouVt of parting temporarily with the Inount of gold necessary to liquidate our most pressing obliga tions. Our bankers, realizing the senseless solicitude of the American public for the preservation of its gold hoards, were forced to resort to a series of emergency experiments for their protection. The expedients be- ...21.1. iL , . m . WJ" e naoption or uieanng House certificates as a means of set- uniK uaiances among tne Danks, thereby preventing our foreign cred- vo. a.m particularly me Canadian banks, from insisting on specie pay- ments until a way could be found to provide for them in an orderly way Effective Measures tu.v , ., - ...ia wa louna mrougn tne ionna- tion of the syndicate to take care of the $82,000,000 of New York City war- raius maturing at various dates be- -cii ocpi. i arm jan, i, ana tne or- sran zat nn nf tha Smnonnnnri --. pool to which bankers at the princi- v ........I uainns nt me pnnci- pal money centers of the country con- tributed. Through these measures.cou- piea witn tne creation of foreign deb- its here by the sales of supplies to wi cat oniam ann tne continent, there; is now every assurance that everv riollnr M.a mi.a hnJ U- . t auiuau wm ue pain on before the end of the winter. As a ...ttC. ui iau, uur ueuit Daiance was reduced by $95,000,000 through the ex- port surplus and gold shipments in i"" omiJiuo mm mm Bnipments in the month nf Drtnher alona A f fA. th trn of the year Europe wiil begin to V" UP great aeot nere, which will not Ka oflTont na . T- - not be offset next season,' as in the to when the liew York gffik S past, by the extravacrant erna,i;ti,raah.ho--. ....-n u . rK C,MCK eien creditors an manv nf than. h - ' rr. ' " shown us on this question of the balances in gold An Admirable Spirit. Th admirable spirit of co-operation which the British bankers have dis played in all the measures designed to promote the re-establishment of the international financial equilibri um with the least possible disturb ance to the monetary system here, and the smallest strain upon the sen sitive nervous organism of the Ameri can public, has only been exceeded by the courage and resourcefulness they hare shown in the solution if their own pressing problems at home. If oar busineu tmhit mnA that i,-.'.. nton had displayed plain, commo sense, cuupieu wiui a nine nerve uu ordinary ioresignt, we snouia never, have had a crisis here. There was, never any real wan-ant for it It her insular position entails. Yet she recovered her financial equanimity al-i mns immeiiinteiv within fv Aav her official bank rate had dropped to 5 per cent and it has remained there ever since, wheras our banks, sur- rounded by all the safeguards of peace, have not as yet three months after the acute stage of the financial disturbances had been safely passed i men mica w levels esiao- Hshed in London within the first week it ... u,ni aw. been Minted oTth.h W h P. . . out that the British gov- riimeni nas 00 n era ted itse f to th extent of over fm.V- -n- m611 of .ver four hundred million Banl 6 u " CI"raiorlum discounts and to reinforce the emergency hnl- iwarks which English bankers have ?' e'.ted- our National Adminis- 7. t,u".' """ possessing tew of the V,IB.Sre,0"ary fiscal powers of the has shown no less T r- u"c u i"e conservation of our banking sitiiotj t. i . . country's good fortune to have at th . , ""tune to nave at the :? JheJTs"ry Department an the irrav " c Te( . Many - of tary JIcA, V " w.n'Sh Secre- liams hav, "ha-- r.0,,er Wil- absolutely t'lJriT practice of the Treasurv n i" the .their dectato "uiniy. even at tho riot i " P'ng traditional nr V- "verst.eP the publi -JVIUtl Drpilo-fat,,.r. , tvnen ..earuy required. A Helping Hand. Secretary xr..A.i ... the names o he bank th-7,0n f behind loans;;eree ILL'V l but they were two fl et,qftte, to one of thl Jhe. one Put Anal end hatnheasfalhae.mS ?w7 Practices custodians of publcredit hSe the other has not only relssur'J th! in ha - a I, 11 nas 10 efrert proved aaiisraction. Starting Cotton Moving to tha -an T''1 Dankera tlU0!' to the Board had, it is true, to bHroughtHto XJTJ bankeWthl ij-j"" :r oi tne plan for re- t-!Sf f congestion in the coun- a1i uiuusmes. Practically " "V recalcitrants have finally i - wmj ecneme is now an !SUPed success. By its operation aD-. r'.fi i. ieiy 4'&U0.000 bales of cotton will be remover ' cottn a period extending tSSS VZ tha ; -,c r,B,'e supply tne commodity should be automatically stableized to a snffl c'en extent to invite substantial nur- y American as well as Brit- h"ts wno nave been holding off because of tha h- " . ""'ding off uni of valorization that wou extern " " '"iiaiion mat v them sufficient protection extend assurance that the measure willha "Piea nas already given a stimiilns ? exports as well as to prices. With '"inpiion or business on tha Liverpool Cotton Exchange on flav nnl U . R - ' r rl" ' ; promise of an earlv reopening of the New York Cotton "": mre is everv ground for the hope that fairly normal conditions ,n the trade will be re-established. Stock Exchange Reopening. TT,,..1 si t ... l - : i:..-jV'k nn ava'ancne oi ..lSi(u ti4uiuauon. was aroused 'by the report from Whin?n decided that to safeguard the situa- tion both the London and New York Exchanges must remain ainaai in definitely. Whila thi ao . ..laiijr uemea, n renects the present cial district, who do not share Sir, -r..vu u, aviuc uwuia in tne mun- ieorge rarnshe s optimism as to the extent of the American securities which this country will be called upon to take back from Europe when Ihe markets reopen. Nobody, of coarse, believes that all the foreign holdings of America stocks aad bonds are to be uncere moniously dumped npon oar Stock Exchange floor as soon as its door MORE ABOUT BULLET PIERCED BIBLE Was Sent to Mr. Brown, Sherburne, N. Y., and Acknowledgement Mde in a Local Paper Wskeley's Sistw 81 Years Old. ,er The following letter was rece-'ved from Mr. C D. Brown, a nephew 0f Segrt. Wakeley, and Bible was at once mailed to him: Editor of The Courier, Asheboro, N. C, Dear Sir: In a recent issue of the Sherburne News there was a clipping taken from The Courier, Asheboro, N. C, con cerning a Bible picked up on the bat tle field of Cedar Creek, in Septem ber, 1864, whf i was the property of Sergt. Wm. W. Wakeley, Co. F. 114th N. Y.V. Sergt. Wakeley was my uncle and my mother, Mrs. Electa J. Brown, a sister of the deceased sergeant, would prize this Bible very highly. I have written to S. E. Lowdermilk who has the Bible in his possession but have not heard from him bo an writing you to see if I can get in touch with Mr Lowdermilk and get the Bible for my mother. I would be glad to pay postage on the same. My mother is the last member of her family, is 81 years of age and in feeble health. I do not expect she will be here long, so am anxious to get the Bible for her at an early date. I enclose stamp ed envelope. Thanking you in advance for favors you may grant and hoping to receive an early reply from you, I remain, Very truly yours, CHARLES D. BROWN, Sherburne, N. Y. The following clipping was taken from the Sherburne News: "The bullet pierced Bible of which mention has been made in these col umns as having been carried by Wes ley Wakeley has been received by the Brown family here, and was shown in the News office on Tuesday last. The bullet entered the book at the lower corner of the back and only passed through a small portion of the volume, passing out and leaving the imprint of the bullet by tearing several of the leaves but not removing them from the cover which is of leather. As is evident, the force of the bullet was not expended by hitting the book, and it is a plausible presumption that the bullet caused the wound that resulted in Wesley's death. BARACA - PHI LA THE A COXIER. R-ME IN BURLINGTON The town of Hnrlimrton ho .. ... ber of enthusiastic Baraca and Phila thea classes, vhosa making active preparations for the i-uiy-miie uaraca-fhilathea confer ence, to be held there, beginning Fri day evening. Novamhar oi j i ing Sunday afternoon, November :io" inm conierence has been approved by the executive committee of the State organizations, and, as the name im ples, all the classes within a radius of fifty miles of Burlington will be entitled tn Knnos.t.t: rr.. i i holding a Baraca and Philathea char- vc. may uena one delegate for free entertainment, while of course, as many Others aa u-ill ...:n i , ly welcomed. c ue pBa" The conference will r:j-.. evening With n nmm. , " -- ' c"" vi music ana welcome addresses, followed by a tinT- X oociai," at which time the young people of Burlington DrOnOKe tn damono. ... ...I- - i n - n, ,, " wnas -araca and Philatheas can do in the way of SiBta- . 5n .u nwrfwng their , uruvner worKers. A verv ttra.t:a - . . . i ,j . YT . v "Kriun is oeing 5SfBti'r .h.e "essions Satur- und"tUH " fS! , . ; ""'( reports ana r. 1 -0.r5aJ,Izatl" .?f Alamance ""7 -raca-rnuathea Union. The t.;, v iiumoer oi uie best equipped Baraca and Philathea m b j "".P8" "n the pro, gram. Sunday will ha . h: j . uik titty tin ik it is expected that a number of class- n if oy w1.1 atten1 in bodies. There ,h:i- .l tue lesson nour, k the pastors of the city will u 'TV i7 . , ,Bermns to young peo- oi tha 11 cIoek' The crowning event of the conference will ha a j mass meeting at Front Street M. E. ik'it , y arternoon, and this Will be tha rlncin- ,... r . i, roara-C,a and Philthea classes within 50 miles of Burlington are ask- ILa 1 . J,eleate promptly and send name to Dr. W. A. Hornaday. Burlington, at once, as he is chair man of the entertainment committee. la8e attendance is expected and the Conference nrnmiona t- i j: . t ."o n, uk a oenwuu- h" h e younfr People and the v1.u1t.nc9 represented. Children Ory FOR FLETCHER'S C ASTO R I A are again thrown open. The prevail ing opinion among the international banking houses is that during the course of the next year we will prob ably be called upon to asimilate $500,000,000, or about 10 per cent of the total amount held abroad. They believe that the urgent liquidation may come from London bankers im mediately following the reopening of the Exchange, which is now expected in Wall Street to take place but January 15, when the reinvestment movement is at ta hsja-ht and when normally money rates enter upon a pe riod of their greatest ease; It Is not believed that these bankers will sell more than 1100,000,000 of securities, and by the time these offeroings are ! made our credit balance abroad shouu be sufficiently large to offset them. K ; it is not we shall be able conveniently to spare sufficient gold to take care or -the balance, as ia the mean time there will have been released through the inauguration of the Federal Reserve System $400,000,000 ia go r, ltB. equivilent now held by the nationsi banks under present reserve require ments. .
The Courier (Asheboro, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Nov. 19, 1914, edition 1
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