00& awjft 300 gtrttxtttifl. SJJR80HIPT10S RATES : Daily, or, year, (post-jjaid) in ad wma....... $8 00 Si vi 4 00 Tnree Mont - 2 00 (,. 75 WE JSKLY EDITION : Weekly, (in the county) vt advance J2 00 , nt uf the county, postpaid, 2 10 Six Months J 00 jr Liberal Reduction for Olui. THE OBSERVER JOB DEPARTMENT Has been thoroughly supplied with every needed want, and with the latest styles of Type, and every manner of Job Printing can now be done with neatness, dispatch and cheapness. We can furn ish at short notice. BLANKS, BILL-HEADS, ' LETTER-HEADS, CARDS, TAGS, RECEIPTS, POSTERS, . PROGRAMMES, HANDBILLS, PAMPHLETS. CIRCULARS, CHECKS, AC. VOL. XXIII. : CHARLOTTE, N. C, WEDNESRDAY, FEBRUARY 25, 1880. NO. 3,429. ffliii " Charlotte tecttict ' , , ' -4 . NEW -dooms. WE HAVE JUST RECEIVED A BEAUTIFUL LINE OF BLACK AND COLORED All Wool Buntings. Also, a nice lino of Barred Nainsooks VERY CHEAP :o:- WE WILL SELL HOSIERY and several otner lines of goods VERY CHEAP FOR THE NEXT TWENTY DAYS. CALL AND SEE US. ALEXANDER & HARRIS. feb. 24. STOCK OUR FALL STOCK OF BOOTS, SHOES, HATS AND TRUNKS Is now Complete. We are .determined to sustain our former reputation for selling THE BEST BRANDS Of goods, which every; sensible person! knor7s Is the cheapest In the end. Please oall and see us before buying, fy We will deal fairly and hon estly with you PEGRAM & CO. Oct 10. 1879. Democrat and Home copy. TAKE NOTICE ! i :o:- Havlng left a few days ago for the East and North to purchase my SPRING STOCK OF BOOTS, OHOES, TT ATS, tTRUNK3, 00T8, OH0E3, -H-ATS, JL KUNK3, VALISES, ETC., OF ALL BEST MAKE 3 AND QUALITIES, I therefore oiler my Heavy Goods on Hand CHEAPER EVER, GIVE MSA CALL AND BE CONVINCED. Respectfully, L. ASIEL. ::o:: P. S. Having oonnected myself with the abore toouse, I am sure that my old friends and custom rscan be better suited and for less money than at any other noose in the city. Jeb.7 ,," a FRANKENTHAL. ftlUEO. W. GRAHAM, ' Chabldtt k. c. ' HiACTICE LIMITED TO THE EYE, EAR I THROAT OFFICE WITH DBS. JONES 4 GRAHAM. RaD, GRAHAM, JN the state ah4 United States 'jtio meo. !!on8' Home and Foreign. Solicited.' . Ab JoTlUe8, Surreys, Ac, furnished for com TENders his professional services to the clti cm a of Charlotte and surrounding country, jon Tryon street ppw Ellas A Cohen. .,,., CM P LET ED FIRST OF THE SEASON! JUST RECEIVED, A COMPLETE JJNE OF WOOL BUNTING, In all Desirable Shades. FRENCH BUNTING, In Black, the Handsomest ever Brought to this Market A BEAUTIFUL LINE OF Hamburgh Edgings In Entirely New Designs to Match. with Insert!ng9 A LARGE LOT OF SPRING PRINTS, In New and Desirable Effects, Just Opened and Ready for Inspection. Respectfully, T. feb. 21. L. SEIGLE i CO. a TO THE CHARLOTTE PUBLIC I COMPETITION IS THE LIFE OF TRADE. I desire the Charlotte public to know that the BOUNDARY AVENUE Beer Bottling Establishment has reduced the price of First Class Lager Beer to seventy-five cents per dozen bottles, and that I will In the future, as in the past, try to deserve the patronage of the public by delivering tree of charge to any part of the city only strictly first class beer. I have ordered and will receive in a few days a supply of new patent bottles, for the convenience of my customers. F. C MUNZLER, Not. 19. DURHAM (ANALYZED BY DR. W. EL TAYLOR, STATE CHEMIST OF VIRGINIA, AND PRONOUNC ED PURE, AND RECOMMENDED AS A BEVERAGE OR MEDICINE. The attention of the citizens of Charlotte and the surrounding country, is again called to this Pure Whiskey, now so popular both North and South. We have the endorsation of many Drug gists and Dealers In New Yoik City, Washington, D. C New Orleans, San Francisco, and many oth er cities, and we can confidently recommend the "Durham" to be equal to any Whiskey distilled la ' this country. - ' Call for "Durham" at W. R. Cochrane's Central Hotel Saloon. ELLISON HARVEY, , Sole Proprietors ' Oct 21-dtf. LAGER MM HAPPY ' JOE FISCHESSER. GOLE AGENT FOB THE ATLANTA BREWERY " Let those who never drank Beer before, Go to Joe Flschesser's and drink the more." FRESH FROM THE ATLANTA BREWERY, ON ICE ALL THE WAY. I have an arrangement with the Atlanta Brewery, by which I am able to keep on draught, and for sale by the keg PURE ICE COLD LAGER BEER Brought to my door in an toe-cold refrigerator direct from the Brewery Persons In Charlotte, or at a distance, can buy beer from me at bottom rock prices, and warrant ed to be as pure and fresh as if lust made. - My facilities this summer for the delivery of Beer are better than ever, and as the sole agent (n Charlotte of tne Atlanta Brewery, i respecuuiiy uilMt the natrorwze of the nubile. Wines and the best1 Uauors on draught o for A sale by the quantity all the time. O Y ST'E'R S On the half-shell. Lovers of the luscious bivalves can bo supplied by JOSEPH FISCHESSER. 1u27 lOOO MORTGAGE DEEDS AND lOOO FEE SIMPLE DEEDS JUsT PRINTED AND FOB SALE AT The Observer Office i 4 an. 25 diwtf. I HtriHT m. UnUVtLL, SIF NEWARK, N. J., well known to the people of KJ Charlotte, will be In the city about the 18th of February, with a handsome line of goods for Spring Wear. He makes a specialty of this elass of work, and respectfully asks his friends to hold their orders for him. Feb. 18. dtf. LIGHT TURNED ON. CJOV. JAKVIS' MANIFESTO TO THE The Proposal to Sell the Western North Carolina Railroad Consider ed, and What the Governor Thinks of It. To the People of North Carolina: I Lave to-day exercised the very re sponsible power vested in me by the Constitution and Laws of North Caro lina, in convening the General Assem bly in extra session. The purpose for which the extra session is called is to consider a proposition made by V. J. Best, J. N. Tappan.W.R. Grace andJ.D. Fish for the purchase of the State's in terest in, and the speedy completion of the Western North Carolina Railroad. That road, as will be- seen by a glance at the map, begins at Salisbury and runs west to AsheYille, a distance of, 148 miles, to which point it is now prac-i tioaU finished. AtAsheville the road! forks, onapbfanch tunning,.,oft-:fc,he Northwest with the French Broadj River to a place called Paint Rock, very close to the Tennessee line, and distant from Asheville 4o miles. Th'e other, or main line, the one commonly, known as the Ddcktqwn line, runs from AsheviHe southwesterly for 135 miles through the counties of Bun combe, Haywood, Jackson, Macon, Swain, Graham and Cherokee to Mur phy, the county seat of Cherokee, the extreme western county in the State. Beyond the North Carolina "line, and some eighteen or twenty miles, from Murphy, in the direct line to Chatta nooga, the great railroad centre of thei South and West, is Ducktown. It will be seen, therefore, that of this road which private individuals propose to buy and complete, there are now 148 miles completed and 200 miles uncom pleted. It was not proper to do so in my proclamation, but I deem it due to my self now and to you, that I should de tail to you my connection with the proposition for the sale of your proper ty, the proposition itself, and the char acter and standing of the parties mak ing it and my reasons for my course. My connection with the matter in brief, is as follows: On the eighth day of January last, Mr. W.J. Best, of the city of New York, came to Raleigh and submitted to the board of directors of the Western North Carolina Railroad, then in ses sion, a proposition to purchase the State's interest in said road, and to complete the same. I was not present at any of the sessions of the board, but was informed by a copy of a resolution sent to me immediately after their ad journment that they had declined to entertain the proposition. On Satur day evening, January the 10th, Mr. Best submitted to me for my considera tion, in the presence of the State Treas urer and Secretary of State, a proposi tion of the same general import as the one previously submitted to the board of directors, but differing from the former, as he stated, in that he then proposed to give the State $450,000 of the first mortgage bonds of the new corporation, instead of the $850,000- of stock offered to the board of directors. I stated to him that the $450,000 would not cover the expenditures made by the State .on the road since its purchase, and suggested several other changes, all of which I regarded to the advan tage of the State. The proposition, with these changes inserted, was re written and, together with Mr. Best's letter, placed on file in the executive office. Believing the matter to be of such importance as to require my im mediate, patient and earnest investiga tion, I at once addressed myself to its consideration. At the same time that the proposition was filed, Mr. Best placed with me also letters from the Senators and members of Congress of North Carolina, approv ing in general terms his offer. On the 13th day of January, after I had con sidered well the proposition, 1 wrote Mr. Best a letter, saying that the amount of first mortgage' bonds must be 550,000, and suggesting certain oth er important amendments, looking to a better protection of the State's interest and better guarantees for the certain completion; of the road. To thi$ letter Mr. Best replied on the 19th day of Jan uary, assenting to all the proposed changes except one. On the 29th day of January he returned to the city of Raleigh, and on the next day in the presence f Dr. J. M. Worth, State Treasurer, Col. Wm. L. Saunders, Secre tary of State, R. H. Battle, Jr., Esq., and Col. Junius I. Scales, of the board of directors, and C. M. Cooke, Esq., of the board of internal improvements, he went over his whole proposition with me. Several additional amend ments were then insisted upon and Were accepted by him. He then left the city to visit the line of the railroad, and while at Salisbury had a corrected copy of the proposition sent to me by mail: As our members of Congress had writ ten to me in general terms approving the sale -of the road, I thought it but courteous and fair to them, and due to myself, that before taking any decisive action X should, submit to them the proposition as amended, and take their opinion as to whether it was such an one as to authorize rtte to" call a special session of the Legislators for its con sideration. It was for this purpose and no other that I went to Washington. , Before lemn2Raiiim i,jcareiuiiy re-reaathe proposition sent me by Mr. Best from. Salisbury 'And "I saw two other changes that could be made there in to the fuHher ) advantage of the State. I thereupon it "once telegraphed Maj. Wilson, the President of the West ern North Carolina Railroad, at Mor gan ton, to turn, Mr. Best back from Asheville, and requested them both to meet me at Greensboro, prepared to go on with me to Washington. They met ine as requested, and ', on. the way I call ed Mr. Best's attention to the amend ments I desired. ( One of these amend ments require. him to commence pay ing interest on the $850,000 first mort gage bonds on the day that the General Assembly shaU;fidjopfc his; offer, instead Of on the first day of May, as set forth in his proposition. If the contract should Jbe agreed upon -about the. mid dle of March, this' amendment would rmake a difference of over $7,000 in favor of the State. The other change required an additional garantee for the completion of the main line to Ducktown. After some hesitation Mr. Best yielded his assent to. these G&fms. 'A u r) i . 7 ' I arrived in Washington on Thurs day, and on that night the North Caro lina delegation in Congress,, aewmpa nied by Gen. James Sladison Leach aiul Col. F. E..Shpber (one of, the board of, direct0j)L.hMl a cepsultatlon , with me at the MetrOTjolitah Hotel, at which Mr. Best an President Wilson were ptefcfistib Ifoe iprpposituro asiread over and discussed, and two changes Were suggested, making more explicit a: portio&hat some - or the delegation thought indefinite. The conference end ed'at a late hour, with tbe understands, ing that I was to have these changes properly made and inserted, ttnd that another session would be held on the next night I was engaged during the greater part of the next day (Friday) in drawing out with great care these pro posed changes and in transposing some of the sections so as to make the propo sition as explicit as possible. On Friday night these gentlemen again met me in conference, read over the proposition carefully, arid address ed me letters approving it and recom mending the convening of the Legisla ture in extra session to pass upon it Before I left Washington, 4had re quested Maj. Wilson to calflitogether the board of directors of the VV. N. C. Railroad to meet in the city of Ral eigh on the 10th of February, and I had called a meeting of the board of inter nal improvements at the same timeu) place. On the assembling of the board of di rectors, all being present except Col. Shober, 1 submitted to them for their consideration tne proposition as now .perfected. On the next day I was in- lormed by a letter from the secretary of the board that six of its 'members were opposed to calling an extra -session of tho Legislatura.to cofteider and pass upon the proposition, and that five members favored such a. call. On the same afternoon I submitted the propo sition to the board Of internal improve ments, Wh-ich body was equally divided upon , the Subject. Among those on both boards Opposing the assembling of the Legislature are some of the best men of the State, for whose opinions upon that or any other subject I have the very highest regard. But my duty was to me so plain that I could not let this, vital matter rest there. On the 12th day of February I addressed a commu nication to Dr. J. M. Worth, the State treasurer, giving him the names of all the gentlemen who were parties to the proposition (which names Mr. Best had furnished me), and requested him to proceed to New York at once to inves tigate their financial and moral stand ing, and to report the same to me by letter at as early a day as possible. At Dr. Worth's request I telegraphed to the Hon.Jos.J.Davis to accompany him to New Tork and assist him m the in vestigations. I also requested Col. W. E. Anderson, president of the Citizens' National Bank of this place, to make similiar inquiries for me, which he did through his correspondents in New York. Dr. Worth reports that he is "perfectly satisfied that Mr. Best and his associ ates W. R. Grace J. N. Tappan and J. D. Fish, possess the financial ability to fulfill the contract sabmitted to you by them and their personal character and standing is such as to give positive as surance that they honestly intend to carry out any contract they may enter into' Mr. Davis reports that Messrs. James D. Fish, W. R. Grace and J. N. Tappan "are gentlemen of large means and all of them gentlemen of high character, commanding the confidence of business men." Col. Anderson reports that the sources from which he derived his "information are varied and of the very highest re spectability in Netf York City, and they all agree that these are men who would not intentionally enter upon any under taking which would involve their good names, or which they might not be able to carry out." .. I thereupon at once gnbUVftted the proposition, my letter books, and the report made to me by the gentlemen above named, to the Council of State, and asked their advice as to whether the GeneraLAssembly ought to be con vened in extra session. 1 am informed by the Council of State that they are unanimous in advising an extra session of the General Assembly to consider the proposition for the purchase of the railroad, and in accordance with this advice I have issued my proclamation as the law directs. I have exercised all the intelligence, patience and care I possess, in conduct ing the negotiations, and in throwing all possible safeguards around the inter ests of the State. I felt obliged, in jus tice to the parties contemplating the purchase, while the negotiations was in progress, not to make it public; but now thatT have reached the conclusion, so far as I am concerned, I desire that the speediest,greatestand most detailed pub licity begiven to it. For this purpose I have caused a thousand copies of the pro position to be printed and sen toutr-one to each member of the General Assem bly, sheriff, register of deeds and elerk of the Superior Court, and to every newspaper in the State. Any informa tion that I have on this important sub ject will be freely given to any citizen of North Carolina who shall desire it, and my letter-books are open for in spection. The proposition of Mr. Best and his associates as perfected, briefly stated, is this : The State, through its proper com missioners, is to make a deed, without any warranty of title, to Mr. Best and his associates for the State's inter est in the Western North Carolina Railroad. This deed is not to be deliv ered to the purchasers until the railroad is completed both to Ducktown and to Paint Rock, nor until all the other stip ulations of their contract are perform ed ; but until then it is held in trust by the United States Trust Company, of New York, upon the following condi tions: If the road is completed as agreed upon in the contract and all the other conditions therein stipulated are faith fully performed, the deed is to be deliv ered to the purchasers; but if they, fail in any one the grant becomes void, the .property reverts to the State, the United States Trust Company is to re deliver to the State the deed and all papers pertaining thereto, and the State re-enters at once into the possession, control and ownership of the entire property. Before the delivery of this deed tothe United States Trust Company, the pur chasers are to enter into a contract binding themselves, their executors, ad ministrators and assigns, to build the branch railroad to Paint Rock by July 1st, 1881, the Ducktown line as far as Pigeon river by the same time, and to complete the Ducktown line by January 1st 1885. From the day the act" author izing, the sale is ratified, the purchasers are to pay all the interest on the $850, 000 mortage bonds which the - State ! is now paying, and are in due time to take up and cancel the said bonds. , " ' The purchasers are to have the right tomortage any mile of the said "West ern North Carolina Railroad that has ben completed and is in operation,; to the extent of $15,000 per mile,, but. the 'aggregate amount of these mortgage bonds shall include- the $850,000 hereto fore issuedyuntil these latter bonds-shall be cancelled. ' Of these bonds issued by the purchasers they are to deliver to the Sttq treasury $550,000 to re-imburse the State for its expenditures, made sine the purchase of the road in 1875. The mortgage to be made .by4toe purchasers is to contain a condi tio, that it cannot be foreclosed until th0 railroad is completed both to 'Paint Rock and to Murphy, in Cherokee coun ty, and this condition is to be explicitly stated in the body of all the mortgage CONCLUDED ON FOURTH PAGE OUR FEBKUARY DIL(U)rirffllIIN(& AiLisn ? GREAT BARGAINS ARE IN STORE FOR those who have delayed in making their Winter Clothing purchases. We prefer to turn our Stock into Cash, open each season with the newest designs in fabrics, and increase the solid reputation we have already achieved for keeping in every respect a first-class Stock. And we have decided to clear out all heavy Goods, they are to be sold, and we know the only way to make quick and rapid work is to mjike a price low enough and the public will respond. We -r V.. . .... . . '. J. have had a successful year's business and we intend io make a ! clear and tlfOTtjugh sweep of all Winter Goods on hand. Remember the Grst comes secures the best selection, and such inducements as we will now offer happen but a few times in any person's experience. We never make any promises that we do not fulfill, the verifications of these facts can be seen on our tables. Our prices are all marked in plain figures, and we repeat again the Goods are to be sold. E. D. LATTA & BRO, CLOSING OcotiflniinD V V Q O O GREAT ATTRACTIONS IN FINE SUITS. WE WILL SELL TO-DAY" A SUIT WORTH $25.00 FOR $20.00 " " " " 20.00 FOR 16.50 " " " " " 15.00 FOR 12J50 As our Stock consists mostly of fine Goods, and principally of our own manufacture, it is to the advantage of every purchaser, and a satisfaction to know, that if he buys a suit now that it will look as well the next season as this. We don't throw out any baits to the public with a mere small article; but fair treatment to all, and polite attention shown to every customer. ' WE SELL ONLY FIRST-CLASS GOODS. Notwithstanding the great advance of all Goods we wiU sell now at REDUCED PRICES, as we don't intend to carry our Stock over to the next season, but will keep fresh and new styles at all times and each season. E3T We solicit a call from everybody, and everybody is invited. Respectfully, N. B We are in receipt of Spring HAT TTDd LLsatt(BH smnafl S For onng Men, lonths, Boys & Children A LOT OF NEW SHETLAND SHAWLS, February 22. FACTS ARE STUBBORN THINGS, BUT SPRINGS' CORNER ! FIND 01DT TIE TR1JT M ! And when you want to save dollars in buying CLOTHING, come to Springs' Corner, where you will get most and best for your money. We believe in LARGE SALES AND LITTLE PROFITS. NOW IS THE TOTE TO BUY Men's and Boy's Clothing, at Springs' Corner. Nov. 14. SGHIFF &d GRIER, 1CE1 kW -C0WHISSI0N MERClAVMfS. 1 .. : ONE OF STAPLE AND FANCY GROCERIES IN THE STATE. Close and Prp'mpt Trade Specially Invited. AGENTS 181 Til PLANTER'S FAVORITE iSS LONGS' ?2I?iS!S Chemical Fertilisers, ffiirtpoknscaUedtolt For sale by all SALE OF FALL AND Samples for Spring and Summer Clothing TP "ST ILn IEB JUST IRECErVIEID- -ALSO- at WITTKO WSKY & BARUCH'S. ME TREHENDOIJS The Liveliest Place in Town is COME AND SEE W. THE LAUGESI AND BEST ASSORTED leading grocera. OUR WINTER (DldPttDnfinn pa Fine Clothiers and Tailors. to be made to order. HAT KTcolblbnegtl 'S 9 RUSH ! FACTS ARE FACTS. KAUFMAN & CO., Cheapest and Brt Clothing House, Comer of Trade and Tryon Streets. STOCKS OF

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