THE WEATHER.
l
PAVE THE WAY!
H 4
K;ur today and Sunday.
Get yourself in line 'for a big. Fall
trade by planning a thorough syste
matic campaign of advertising. Aslo
us about it. We are ready to help.
FOUNDE
VOL. XC NO. 134.
WLLMESTGTON, N. C., SATUKdAy MOENING, AUGUST 24, 1912.,
WHOLEOTMBER 13,988.
BULL 10SEL'
THREATENS PLANS
THRILLS AN IMMENSE AUDIENCE.
60 ON THE STAND
?40HH I liiiiniirn
FDUNDATJOfl LAID
T FOR GRAFT PROBE
BANKERS
ADJOURN
FOR
ADJOU I N
May Answer Charges Made
by Archbold Before Sen
ate Committee
I. P. KNEW OF C0NTRI00T10H
Standard Oil Man Furnishes Sensa
tion Committee Holds Further
Sessions to Probe G. O. P.
Campaign Expenditures
Washington, August 23. It is b
liei here tonight that Colonel
Roos'-vrlt will take the stand within
a few days, before the Senate sub
committee investigating campaign ex
r. -.'iilit u res, to answer the charges
made today by John D. Archbold
ihat Mr. Roosevelt had knowledge of
the use of Standard Oil money in his
campaign of 1904.
The committee was divided tonight
over its future course of action. Upon
th arrival tomorrow of Senator Lu'xe
I ;v. one of the absent Democratic
numbers of the committee, a meeting
will he held to determine whom to
call and where the next meeting will
W held. Several members of the
su! ( or. mittee favor transferring the
heari:is at once to New York, and
numbers of the Standard Oil Com
pany's board of directors may testify.
The statements made today by John
I). Archbold, financial head of the
Standard Oil Company, made a clear
Hit issue between him and Colonel
Roosevelt, according to members of
the sub committee, who would discuss
the matter tonight. - Mr. Archbold
tt-tilied that his understanding that
Colonel Roosevelt ' knew about and
endorsed the Standard Oil contribu
tions eame through former Treasurer
Cornelius N'. Bliss, of' the Republi
can National Committee, who is dead.
Although Colonel Roosevelt publicly
btated that it wasabsurd for him to
appear before the. Senate Committee,
it is understood that he has consent
ed to take the stand, if desired, in
view of the direct charges made today
by Mr. Archbold. If Mr. Cortelyou
i.- again called it will be to. explain
the statements made by Mr. Archbold
'''t r. Cortelyou, as chairman of
the National Committee, knew of and
atu tioned the Standard Oil contribu
tions. Senator Pomrene, of Ohio, who sat
with the sub-committee today to rep
resent the absent Democratic mem
i'rs, probably will be made, a perma
nent member of the committee in
l'tor' of Senator Paynter, of Ken
tucky The sub-committeje will then con
sin of Senator Clapp. chairman: Sen
ators Jones, Oliver. Lea and Pome
r;n The committee Is authorized to
continue its sessions after the ad
journment of Congress, and the con
tusion of the session tomorrow will
rot interfere with the immediate
suai:iiAning of other witnesses.
John D. Archbold today told the
Senate Committee investigating cam-l-aign
funds that the Standard Oil
oni;any's $125,000 contribution to
'h- Republican war chest in 1904 was
nud- upon assurances from Cornelius
N" f;!i.-s that "the contribution was
'able to Colonel Roosevelt and
further contributions would be
table."
'old .Mr. Bliss we did not want
m! the contribution unless it
t !.c gratefully received," he
Mr. Bliss told us of Mr.
eifs attitude toward business.
'hat
a
1
to ;
' ;.
sai'l.
"ii'i said he believed Mr. Roosevelt
'" .lid he a fair and conservative man
v-'h n ii came to the test. Mr. Bliss
Hli -i! th:it tho rrliioc rf thf T?fnilh-
l!- HI
.IK i
arty wore the safest for busi-W-
decided that our interests
b.i-iness organization lay on the
ei'i .lican side and we decided to
niak. !i.js contribution."
'' Archbold explained that $100.
' A, ti' to the Republican National
""'! -nutr-e and that $25,000 was given
; air Penrose for the Republi
'" State Committee. The $25,000
i:;v. i,
o Mr. Penrose, he said, was a
! eontribution and 'not a pay
r services in public or private
tt" I,
li:. I...
an-i
when the late Mr. Bliss came
d the Standard Oil Company
'"'" money about $150,000 Mr.
! '"-Id said, the board of directors
tf contribute further. He
At.
Mr. Rliss as saying: "I speak
personally ; I think you had
make this contribution. If
i t somebody else will."
' Mr. Archbold said, when the
of Corporations began making
reports on the Standard Oil
ii v. Mr. Hliss admitted that tho
i'e
P" nitnent attacks were -unjust, but
a:,i 'i' had no influence with Presi
" Konsevelt.
''"'id-nt Roosevelt unfailingly ap
1,1 ' --'d these attacKs." Mr. Archbold
'ithout investigation or the
'st knowledge of the facts. These
;-- of Garfield and Smith were
"! k of mere puppets, who jump
'" 'i Roosevelt pulled the strings."
' 11 'he standard Oil magnate was
i he thought the company's
! 'o f-ontribute further was the
ot the "unjust government at-
he hit his lip and said: "Well,
' ' : now."
SP- I
r .-.
'!-,
.'
a -; .
' -i
t;e
I -i
h 'il,or oliver insisted in knowing
net!,.,- chairman George B. Cortel
011 "i the Republican National Com
tContinued on Page Eight)
Next Governor of North Car
olina Sounds Keynote at
Laurinburg
IMMENSE CROWD HEARD HIM
Accompanied by Congressman Page
Eloquent Tar Heel Thrills His Hear
ers Significance of Two Meet
ings' In Scotland
(Special Star Telegram.)
Laurinburg, N. C, August 23.
One of the largest crowds that ever
assembled" in the Court House here,
today heard Hon. Locke Craig malie
the opening speech of the campaign
for this year in North Carolina.
People from all sections of the coun
ty and from adjoining counties throng
ed the town during the middle of the
day. Mr. Craig reached Laurinburg
this morning and until neon spent the
time in shaking hands with his
friends.
Mr. Craig and Congressman R. N.
Page, together with a number of their
friends were entertfjned at dinner by
Judge Walter H. Neal at his home on
Church street.
At 3 o'clock the hour for the speak
ing, all available space in the Court
House was taken and a large crowd
remained on the outside.
The music was furnished by ' the
Rockingham band. Mr. E. H. Gib
son, chairman of the County Demo
cratic Executive Committee, presided.
Mr. G. H. Russell, of the local bar,
introduced Mr. Craig and referred vto
the fact that the notable campaign of
IS98 was opened in Laurinburg and
that one of the speakers was Hon.
Locke Craig, the other being Gover
nor Aycock. These two sons have
each been signally honored by the
people of the State. In 1900 the nom
ination for Governor was unanimous
ly given to Governor AycodU and that
in 1912 Mr. Craig had received the
nomination .unanimously.
Mr. Craig spoke for nearly two
hours and despite the crowded house
and warm weather, he held the clos
est attention of his audience during
the entire time.
He was frequently interrupted by
applause during his discussion. He
reviewed the progress of North Caro
lina and compared its achievements
since the campaign of 1S98. with its
previous Republican record. He fully
discussed the tariff and the atti
tude of the various parties toward it
and said that the policy of the Demo
cratic party is the only one that will
restore to the people their inalienable
right of equal justice. He declared
that if Roosevelt should suddenly die
there will be no third party, and that
the Progressive party cannot have a
very long life because Teddy is now
55 years old.
He expressed surprise that Mr. lart
and Mr. Roosevelt should go over the
country abusing and villifying each
other and declared that each had told
the truth on the other. He declared
that the State of North Carolina ought
to continue to follow the policy of the
beloved Aycock by giving the less for
tunate man a better cnance.
Good roads and agriculture were
dealt upon at length. The people were
greatly pleased with the purposes ex
pressed in Mr. Craig's speech.
It was expected that State Chair
man Web.b and Congressman Heflin,
of Alabama, would be present and
speak. Mr. Page had not intenaea
to speak but in the absence of the
others made a short speech relating
a few things that have been done by
the Democratic Congress toward les
sening the hardens of taxation. Mr.
Pasce will make several speecnes m
this county during the campaign.
SEC. HESTER'S STATEMENT.
World's Visible Supply of Cotton at
Present 2,1C0,499 Bales
v--d- nrioans. Aiic. 23. Secretary
Hester's statement of the world's vis-
ihio cnnnlv of cotton issrea toaay
chowo hP total visible is 2,100,400
against 2,139,676 last week and 1,-
609,463 last year. ur. tnis, me tuiu
of American cotton is i,rfu,vsa
against 1,335,676 last week, 782,463
last year, and of all other kinds, in
cluding Egypt, Brazil, India, etc., 793,-
000 against 804,000 last ween anu si,-
000 last year. .
Of the world's visible suppiy oi wi-
afloat and
held in Great Britain and continental
Europe 1,273,000 against 840.UUU last
in Etrvnf 35.000 aeainst 61,000
last year; in India 466,000 against
439,000 last vear ana in tne unneu
States 326,000 against 263,000 last
year.
Salt TaIcr Citv. Utah. August 23.
With the selection of Richmond, Va.,
as the meeting place for 1913 and tne
election of officers for the ensuing
vonr thp convention of tne Noitn
American Institute of Banking closed
todaq. The officers elected are: h$y-
roft W. Moser, St. Louis, president;
Harvey B. Hatch, Washington, u.
C; vice president; Harry fc. bnran,
Chicaeo. secretary; Erwin L. Bour-
gess, New Orleans, treasurer.
Kflwnort News. Ca., August 23.
t.hoIa nav Martin, daughter of Sena
tor Thomas S. Martin, of this State,
has been selected as sponsor or tne
now naval collier Protus whicn win
be launched here September 14th.
Murdock Brings up a Fight
in the Dying Hours of .
Congress
MQSf LEGISLATION COMPLETE
All Work Is Disposed of With Excep
tion of Action on Conference Re
port on tho General Defi
ciency Bill
Washington, August 21. Plans for
adjournment of Congress tomorrow
were threatened tonight in the House
by a determined fight of Representa
tive Murdock, of Kansas, against an
appropriation of $35,000 for mail ser
vice on the Eads Bridge across the
I Mississippi river. The bridge con
nects East St. Louis and St. Louis and
.is owned by 15 corporations. Mr.
Murdock, amid exciting scenes among
members anxious to get home, insist
ed on a point of "no quorum" and a
hurry call was sent out lor absen
tees. After the roll call had proceeded
some time it became apparent that
an even approximate quorum could
not be obtained tonight and the House
adjourned until' tomorrow morning
when the question of adoption of the
conference report on the Postoffice
bill will be again brought up. It was
generally understood after adjourn
ment that Mr. Murdock would not re
new his vital 'point of no quorum, in
which event the Democratic leaders
will be able to carry cut their ad
journment programme.
Tne House leaders, taking no
chances, sent messages late tonight
to absentee Democritc representatives
to rush back to Washington to insure
a quorum.
Veterans of Congress tailed tonight
to recall another such "tame" end
ing of Congress as that which marks
the dying of the present session,
which probably will close tomorrow
afternoon. None of the feverish
haste and bustle that usually charac
terizes the completion of legislation
and the passage of conference reports
on appropriations was apparent to
night.
Representative Underwood, Demo
cratic leader of the House, went over
to the Senate chamber late today and
reached an informal agreement with
Senator Penrose and Smoot to dis
pose of all general legislation tonight,
leaving enly the conference report on
the general deficiency bill to be act
ed upon tomorrow. The House re
cessed at 6 o'clock until 8:30, and the
Senate went ahead with the passage
of appropriation bills so that the
House could consider them tonight.
The Army bill caused but litle de
bate in either branch, and the con
ference report was adopted by bcth
houses during the day. The Senate
passed the General Deficiency bill af
ter a short debate, and conference will
adjust the differences of the two hous
es out this measure tomorrow. The
Postoffice Appropriation bill was the
last of the measures to pass the Sen
ate. The General Deficiency bill, as it
passed the Senate, carried nearly $12,
000,000, almost doable the amount of
the House bill. Many amendments
were adopted during its consideration
in the Senate.
Chief among the Senate's additions
was the item of $66,000 to repay con
tributors to the ransom fund for El
len M. Stone, the American mission
ary captured in 1901 by Bulgarian
brigands.
An amendment offered by Senator
Newlands. of Nevada, changing the-
title of the office of supervising arch-j
itect in the Treasury Department to
the Bureau of Public Buildings was
adopted. The supervising architect
would be known as the director of
public buildings.
The Senate agreed to the confer
ence report on the Postoffice appro
priation bill after a short discussion
of the parcels post plan endorsed by
the conference committee.
WILSON ATTENDS DINNER
Newspaper Correspondents Give Din
ner to Nominee's Cousin
Sea Girt, N. J., August 23. Gover
nor Woodrow Wilson saw before him
at dinner tonight a heavy bag labeled
"Two million dollar contribution from
the Standard Oil Company." Instead
of money, however, the bag contained
sand.
The occasion was a dinner by the
newspaper correspondents to the Gov
ernor's cousin, James Woodrow, who
has been one of the secretaries here,
but who will leave tomorrow for the
University of South Carolina to be
come an instructor in mathematics.
The dinner was after the manner of
Gridiron dinners in Washington, a pro
gramme of "stunts" being carried out,
some of which were directed at the
candidate. Congressman Joseph E.
Ransdell, president of the National
Rivers and Harbors Congress, brought
a delegation to Sea Girt to urge the
Governor to attend the convention of
that organization which is to fee .held
September 24th, 25th and 26th, at
Memphis. The Governor said be would
go if he could possibly arrange it.
The woman who marries a widow
er may mourn his first wife's demise.
First Steps Taken to Ge
"John Doe" Proceedings
Under Way
INSPECTORS AREf SUMMONED
Seven Police Officers are Ordered to
Bring Data on Gambling and Dis
orderly Resorts fo Assistant
Attorney's Office.
New York, Aug. 23 The first step
toward laying a foimdation for the
JofraDoe proceeding! by which it is
planned to bare police graft in this
'city, -was taken toay when seven
police inspsctors weiie summoned to
the office of Assistant District Attor
ney DeFord. They were under sum
mers .authorized by Justice Coff who
is to preside at the inquiry, to bring
with them all data pertaining to gamb
ling and other illegal resorts in their
respective district. This data in
cludes the addresses of raided re
sorts, the name of their reputed ow
ners, and a record of all arrests and
convictions in the several districts
during the last three years, including
the recent period during which pol
ice Lieutenant Charles Becker, the
accused instigator cf the murder o;
Herman Rosenthal, is charged by his
self-confessed accomplices, which
profited from blackmail.
This material will be used by Mr.
DeFord, who has been given charge
of the inquiry as a ground work for
the investigation, for the summoning
of witness, and the cross examination
cf the inspectors themselves, all of
whom, it is expected will be summon
ed before Justice Goff. Former heiids
of the Police Department under Mayor
Gaynor's administration are among
those who will also be asked to testi
fy as well as a number cf deputy com
missioners, it is TioTT unlikely, it is
said, that Mayor Gaynor himself will
be called.
Mh. DeFord would not discuss the
appearance of the inspectors at his
office today, but it is understood that
all professed that conditions in their
districts were orderly and provided
the data.
One cf the inspectors, together with
a high civilian employe at police head
quarters, will be asked to explain at
the proceedings the reason for the un
usually large bank accounts which
the investigators acting for the Dis
trict Attorney have found in their
names, as well as their reason for re
cently engaging safe deposit boxes.
Investigation of these accounts, as
well as those of other police officials
under suspicion of grafting, was con
tinued today, but nothing could be
learned as to the results.
The sending out of circulars by Dis
trict Attorney Whitman offering a re
ward of $5,000 for the capture of
"Gyp The Blood" and "Ifty Louie'
the two thugs wanted for the murder
of Rosenthal, resulted today in the
receipts of dozen of "near clues" from
all over the country. One of them had
it that "Lefty Louie" had been found
in the Colorado Rockies, but it was
denied at the District Attorney's office
that any authentic track of either man
had been obtained.
During the past May 30 British ves
sels were reported iost, of which 23
were sailing ships.
OUTLINES
Plans for the adjournment of Con
gress today was threatened last
night in the House by a fight of Rep
resentative Murdock against a $35,000
appropriation.
Col. Roosevelt last night reiterated
his declaration that he knew nothing
of the contribution by Mr. Archbold
or the Standard Oil Co., to the Re
publican campaign fund of 1904.
The secretary of the Democratic
National Committee announced last
night that Rudolph Spreckels, of Cali
fornia, and John G. Blaine, of Wis
consin, former supporters of LaFol
lette, had agreed to head an organiza
tion to work for Gov. Wilson.
Wm. J. Harahan, vice president of
the Erie Railroad, has been selected
-v the executive committee of the
Seaboard Air Line Railway as the
man they will recommend to .the dir
ectors of the Seaboard to be elected
to the presidency of that road.
Colonel Roosevelt will likely take
the stand before the Senate campaign
expenditures investigation commit
tees, to answer the charge made yes
terday by John D. Archbold that
Roosevelt knew of the use of $125,000
of Standard Oil money in his cam
paign of 1904.
The first steps toward laying a foun
dation for the John Joe proceedings
by which it is planned to bare police
graft in New York, was taken yes
terday when seven police inspectors
were summoned to bring to an assis
tant district attorney's office all data
pertaining to gambling and disorder
ly resorts.
New York markets: Money on call
steady 2" 3-8 to 2 7-8 per cent; ruling
rate 2 7-S." Spot cotton closed quiet.
Flour steady. Wheat, spot irregular;
No. 2,106 c. i. f. track and 108 f. o. b.
afloat. Corn, spot nominal. Oats,
spot steady. Turpentine firm. Rosin
steady.
MMg M BUM IHIII1 HIIHIIIWHfti&i iii tlHIWmrani.im f 1 utin in i ii ii !
HON. LOCKE CRAIG
T. B. ENTERS ANOTHER DENIAL
Col. Roosevelt Reiterates Declaration
That He Knew Nothing of Stan
dard Oil Contribution to His
Campaign
Oyster Bay, N. Y., August Colonel
Roosevelt tonight reiterated his dec
laration that he knew nothing. of a
contribution by Mr. Archbold or the
Standard Oil Company to the Republi
can campaign of 11)04. He declared
he did not for one- moment believe
that Mr. Archbold's testimony before
the Senate Investigating Committee
soday is truthful; charged Mr. Arch
bold with a "wicked assault cn a dead
man," and Colonel Roosevelt further
declared that during many calls which
Mr. Archbold made upon him while
he was President to urge him not to
prosecute the Standard Oil Company,
Mr. Archbold never referred to any
contribution to his campaign fund and
colluded jwith the suggestion that
the Senate Committee should ma&e
both Mr. Archbold and Senator Pen
rose testify at once concerning their
relations when Mr. Penrose was a
member of the Industrial Commission.
Colonel Roosevelt concluded by
thanking both Messrs. Archbold and
Penrose for "making it clear beyond
possibility of doubt that I am the
man the Penroses and Archbolds of
the country most dread in public life."
Colonel Roosevelt says in part:
"I wish to call attention to the fact
that even if Mr. Archbold's state
ments are true, they amount only to
saying, so far as 1 am concerned, that
Mr. Bliss tcld him that I had knowl
edge of and approved a request for
$100,000 from the Standard Oil Com
pany, which was granted, and a furth
er request for $150,000 which was not
granted. This is a pure hearsay
statement, and even if made in good
faith would be utterly valueless.
"Not only did I never know any
thing of such a request being made,
but my published letters and tele
grams show that when the rumor that
there had been a contribution reached
me I acted at once reiterating my de
mand again and agr.in that the money
should be immediately returned if it
had been given, and being assured by
Mr. Cortelyou that the money had not
been received and would not be receiv
ed. Therefore, even on the assump
tion that Mr. Archbold is telling the
truth, his testimony so far as I auii
concerned, consists of the repetition
of hearsay assertions which were in
stantly disproved by the production of
my letters and telegrams. I wish to
reiterate that until Mr. Penrose made
his speech, I never had heard it sug
gested that Mr. Archbold had con
tributed to the campaign or been the
means through which any contrlbu
tions had been made.
"But I do not for one moment be
lieve that Mr. Archbold's testimony is
truthful. He apparently possesses
such a moral standard that he does
not understand the infamous accusa
tion he is making .gainst Mr. Bliss.
Mr: Bliss is now dead.
"He now says that Mr. Bliss warn
ed him that he was making a serious
mistake in not contributing the extra
amount of money and that later on
when the administration began to
deal with the Standard Oil people, Mr.
Bliss said it would have been differ
ent if they had done as he ased them.
This is an assertion that Mr. Bliss
was deliberately trying to blackmail
the Standard Oil into contribution, by
scarcely veiled threats as to what
would happen if they did not contrib
ute and that Mr. Bliss in effect told,
them afterwards that if they had con
tributed the administration would "not
(Continued on Page Eight)- -
W.J. HARAHAM TO HEAD S. U.
Vice President of Erie Railroad Will
Be Rccomrren-'ec! by Executive
Committee fcr President cf
The Seaboard
New York, August 23. William J.
liarahan, vice president of the Erie
Railroad, has been selected "by " the
executive committee of the Seaboard
Air Line Railway as the man the com
mittee will recommend to the direc
tors of the Seaboard for election to
the ' presidency, it was learned to
night. N. 3. Meldrum, now presi
dent of the Seaboard, in consequence
of other business interests, expressed
a wish sometime ago to retire. Ac
cordingly a committee composed of
S. Davies Warfield, chairman; N. S.
Meldrum and L. F. ljree, president
of the Delaware and Hudson Rail
road, set out to find a successor to Mr.
Meldrum.
Mr. Warfield tonight confirmed the
statement recently made that the fol
lowing names would be submitted for
election as directors of the Seaboard:
Robert F. Maddox, vice president
of the American National Bank, At
lanta; Mills B. Lfne, president of the
Citizens' and Southern Bank, Savan
nah, and A. II. Woodward, vice pres
ident of the Woodward Iron Com
pany, Birmingham, Ala.
Mr. Harahan was born in Nashville,
Tenn.. in 18G7, and has spent a large
part of his life in the South. He has
held a number of important railroad
positions. " j
IVi'ADOO PLAN LEGAL
National Banks Can Transmit Cam
paiqn Funds to All Parties
Washington, August 23. The pro
posed plan of Acting Chairman Mc
Adoo, of the Democratic National Com
mittee, to have banks receive and
transmit campaign contributions for
the Democratic, Republican and Pro
gressive parties is not illegal, so far
as the National banks are concerned,
providing the banks incur no extra
expense and undertake the work vol
untarily. This opinion was given to
Secretary MacVeagh today by F. E
Reeve, acting solicitor of the Treas
ury Department, who examined the
National banking and campaign pub
licity laws with reference to the prop
osition, the legality of which was
called into question a few days ago
by Representative Hill, of Connecti
cut. The Comptroller of the Currency
will be furnished a copy of the opin
ion for his guidance in case the plan
is adopted.
CAMPAIGN CLOSES
South. Carolina Primary Will Be Held
Next Tuesday
Columbia. S. C, August 23. South
Carolina's biennial county-to-county
campaign came to a close yesterday
afternoon at Greenville, when former
Chief Justice Ira B. Jones and Gov
ernor Cole L. Blease, the leading
candidates for Governor, and the
other aspirants for State offices de
livered their last campaign speeches.
The first primary election is next
Tuesday and till then the candidates
will put in hard work by correspon
dence and in other ways.
In the Biease faction and the
Jones faction the lines are closely
drawn, and not since the days of Till
man, in the early nineties, has this
State been so politically aroused. The
vote Tuesday will be the heaviest
that has ever been polled in South
Carolina.
Get the hetter . of . yourself - before
some other fellow beats you to it.
PLEASANT SESSION
Sixth Annual Convention of
East Carolina Financier ,
Comes to an End
HON. JOS A. BROWN PRESIDENT
Officers for Ensuing Year Interesting
Addresses by Messrs. Ellington
And Clark Favor Dance at
Lumina
Following a most interesting busi
ness session yesterday morning, at
which time several interesting ad
dresses were heard, a general discus
sion of various topics of banking in
dulged in, and the election of officers
for the ensuing year, the sixth annual
convention of the' Country Bankers'
Association of North Carolina, which
convened at the Oceanic Hotel,
Wrightsville Beach, Thursday night,
adjourned yesterday shortly after
noon.
Yesterday afternoon the visitors
were entertained on sailing and fish
ing trips in the boats of the hotel, re
turning in time to enjoy a dip in the
surf before supper. Last evening they
were entertained at Lumina at one of
the most elaborate favor dances of the
season given in their honor by the
Tidewater Power Company. A num
ber of the visitors will leave for their
i homes this morning, but others will
remain to spend the week-end at the
resort. All declare that the conven
tion has been probably the most en-
joyable in the history of the organiza
tion. The officers elected yesterday . were '
as follows:
President Jog. Brown, of Chad- -bourn.
Vice President A. J. McKinnon of
Maxton.
Second-. Vice - President -H , .F.
Peirce, of Warsaw, : ,
Secretary and Treasurer Lacy .WU- .
liams, of Maxton, (re elected). .
The executive committee ; was re- -elected,
with Mr. Brown in the place
of Mr. Claud Gore, the retiring presi
dent. The selection of the next meet
ing place was left with the executive,
committee, but the -sentiment of the !
convention appeared to be unanimous
ly in favor of Wrightsville Beach. ,
President Gore called the meeting
to order at 9:30 and stated that Mr.
J. O. Ellington, of Raleigh, and Hon.
Jos. A. Brown, of Chadbourn, who
were on the programme for addresses,
had not arrived. Mr. H. Bayard
Clark, president of the Bank of Eliza
bethtown,. was the next speaker, and
he was introduced by. the president.
Being a banker as well as a lawyer,
Mr. Clark was in position to give the
association many valuable sugges
tions. He dealt chiefly with negoti
able paper and touched on the legal
phases of these instruments as en
countered in banking. He referred
to the Torrens land title system and
declared that it gave him great pleas
ure to say that at the last meeting of
the North Carolina Bar Association .
a resolution was adopted providing
for the appointment of a committee
to urge the passage of a bill establish
ing the Torrens system in this State.
He declared that the lawyers V)f the
State were not opposed to the Torrens
system, but that they were opposed
to the bill which was presented to the
last Legislature, and that the bill to
be presented to the next . Legislature
would be drawn by some of the ablest
lawyers in the State and would meet
with the full approval of the members
of tho North Carolina bar.
Upon the conclusion of Mr. Clark'd
address, the president declared the
meeting open for general discussion.
Mr. Chas. N. Evans made a motion
that Maj. A. McKinnon's paper on
"Country Real Estate," read at the
opening session, be printed in pamph
let form and distributed to all bank
ers of the State. The motion met .
with the hearty approval of the con
vention and was unanimously adopt
ed. On motion of Mr. Leake S. Coving
ton, president of the North Carolina
Bankers' Associatibn and ex-president
of the Country Bankers' Association,
Mr. H. Bayard Clark, president of the
Bank of Elizabethtown, was elected
honorary attorney for the Country
Bankers' Association. Mr. Clark ac
cepted the office with pleasure, de
claring that he had many less desir
able clients from whom he received
the same fee which he would receive
from the association. ,
At this juncture Mr. J. O. Elling
ton, president of the Anchor Trust
Company, of Raleigh, who was sched
uled' for an address, arrived, and was
called to the platform. He read a
most interesting paper on the "Coun
try Banker." Mr. Ellington declared
that the country banker might well
be classed as a hero, from the duties
in connection with his office. He is
called upon to give advice, not only
upon financial matters, out also fam
ily affairs, love affairs, political af
fairs, church affairs, etc., all for a
salary which hardly enables him to
live in comfort.
He referred to the need for the Tor
rens system of registering land titles,
declaring that under the existing sys
tem it was almost impossible for the .
banker to loan money on real estate, -;
(Continued on Page Five),
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