Newspapers / The Charlotte Observer (Charlotte, … / Aug. 15, 1907, edition 1 / Page 1
Part of The Charlotte Observer (Charlotte, N.C.) / About this page
This page has errors
The date, title, or page description is wrong
This page has harmful content
This page contains sensitive or offensive material
if :ciuptio:; n:ici:. aco i T,P YEAR. CHARLOTTE, N. C, THURSDAY MORNING, AUGUST 15, 1907. PRICi -, , , , -rr . rSKSiPENT WILL KEEP OUT : r::i.s handed to mr. neill L; -or Cominlsioner Has Received No Instructions or Recommendations ; " lrom the President As to What Action SlinuM Be Taken In Dealing With . Telegraphers' '. Strike 1m predion Is liiven That While No V Direct Statement Is Made, Move ments of Mr.. Nelll Have Been Closely Followed, and Department Considers Limit of Its Functions and Authority Centered In His Ef forts. :'i "''S.'v'.-.; Oyster Bay, N, T, Aug. 14. Pres. Ident Roosevelt, will not concern him eelf personally with the "telegraphers' strike, ' according to the . best ... Infor mation ; obtainable "here to-night V Appeals to the Presklent-to take ' some' action looking to settlement of the strike were received at the executive office "here . to-day, from boards' of trade ; ' and commercial bodes fa large - ; number of cities. The applications : were similar in character to those formulated yes ' terday by the Chicago board of trade. Each emphasized the Importance of direct action by the 'President. " - The communications have ben re f erred-" to. Commissioner, of Labor Charles P. Nelll, It-1: Is .understood tlwt no instructions or recommen dations have ben forwarded to Mr. " NellL From the first Mr. Nelll has been active in an endeavor to effect a settlement .. of the;: trQuble. It is stated here that be has as ye made ho report o the President nor has he re celved any mesago from Mr. Roose 'elt touching upon , the , matter In hand. r ' ,- - i -Mr. Nelll' movements, however, have been closely followed and while ' the direct statement Is not made.the Impression is given that In McNeill's efforts the administration considers . that -the limit of its functions and authority in the matter is being ex erclsed. ' . , N - LITTLE CHANGE IN THE STRIKE Both Companies tend Striker ..Are Claiming Some Advantages Union "Claims Many Big Brokerage , and Financial Houses Have - Met De--' OMUids Railway Telegraphers Not - Out,,' " Jew York, Aimg. 14.-rTheire to tte ohang In .the tefleajrapll strike sit uation to-day. as ar a oonoerna New York and other lEasftewn cities. ... Both Western Union and. Pttftai Telegraph ' Companies ipwtfeea to "be flhoroughly N smtlsnefd "with- he (progress invade to- waand twrtrnal conditions. On tfho other - Omad, Che ietadr of the strikers de ' eJaire 4!heir cause Taw been etrengitihen- ed toy he responses o the calls to go out In unawy of the - cities where strikes had not aJ ready (been toaugu- ; rated- ' " - " -' " ; J ' - - NH trouble itavolotpe-d eamong the ' te-leigrapthers eaWpJoyeid In the . scores of (broker offices In Hflie ftnbinclal dis " trlat wwere, afcWddnK to the , Tele- jragrtiiersV Union, tmawy' ; big , houses g-runted he dlcmwitds of their men as regards- twages and , -warning to cars, rrane new seitvlc ' Chmonighoait )the 'lEaat. 'was ipractWailly Mntontpateed' -cept'-'Wi.'Waaeaioif two of three ' tonfeuller centres, tainid he nwwa of the - world was movwd to eJH pxrfnta, Hhe Ihcipe XA the etrlkwrs thait he Ordr ctf Jtaifflwiay IVeQegireuplhers iwotAd . malke ooanimon wanjee with 4Jhe coin " ; tnanoial teUagra.ph'ewi tmd not , ; been , realised . to-nlgiht. ' J The Western Un ion aivdv PosttiB (people Instated that the railroad 'opemators "would etand ' toy Klhieiir coutraota twi8hViitoe':-'artois raitroaid fctompajxtes,; ' Who In . turn wotfLd b$m tlheir olbllilgajttons with " the eh(gtraih. oomnpaniea, oaBMna; for - the 4f Bid of eudh ocxmimrc4al busi- ness ea onlgflvt Ibe tumed ower to tlheim. Vice Piresldent itanid Oeneral Man ager Nally, of Ohe Poatal, to-nlg!ht emmimUkirlWd 41he sStoaitkm Khius: .... '!rh; atrilke its over. ap;iflaor as we .- are oouicerned." ' , "OenieraO fiiftwrlnbendenit Brooks,, of ' Che Western Uwton, said: " -,. i wnrW oi?vk nmHinF IhiulnMa. nih and otherwise, to ail parts of he country - Iwltlh noitmaa iflespaocin." . v - StuUce Oeaidem dedlared to-ntgbt UWa boflh com pantos wane Itlitdly tiaoidloaip ' irwui btuA fhtt lewirtiona Uram the ser- ' vice were Jconttmws tlhrotnglvout thie - oountry. . ' ' , PoUonrtnr a snwettdnsr of the locai union to-Jdaar- It wtia v-amioiuneid (by - Daniel I Russell itthat a reecftuitlon ad 1 (been adopted aipipolntmig eammtt- tee to wait on State -Attorniey General LYirfliKima anlil AvimnnA Ifhae i nroceed ngatoet Hhe Western Union and Postal , Oleajrmp Ooonipaniee for uniwajnran - ed deOay In transmitting1 fnibllo bust ' ' ' iwl 'It. lihe mterrtimi the. mwitter-of raising dunde to euptport Klhie tdle nvenJ was easo masouaswa. n sKrKTs aa - mK thliA 41he flnejnc4nig ot Che etrike ts . b aerlous nsiideraftlon aftd they talt , of larnamtghvg iwlhHc entertalnsnents to vniicM v imrtnftv Thw - etrtlcnrs - oontlnue 't orderely and In the vjclnlty : of " the - veiegrapn omcwa cnere us iaue no tug- . cesit tna,t a etrute la "fc.-Ufyvi,.:-. ' STRIKE COXDITIOIf 'mmay ,OolumbJa Manager of Western Union . 5ays,the Few Oteint OJBoes MTilch ' Have Refused Commercial Business ' Are Coming ground.- -'A'Z'K .Columbian Aug. 14.-Manaer J. T. dray, of thaAoeal Western Un Ion ofnce gsve ont the following state: tnent to-night regarding the strUe ; tituation in South Carolina: , ' ."The following offices In this State are open for .business: Anderson, Ab beville, Greenwood, 'Newberry, Rock Hill, Chester, Winnsboro, Lancaster, Orangeburg, Spartanburg, Greenville, norenoe, Marlon, .Union, Aiken, i,lackvllle, Barnwell, Gaffney, . Co lumbia and Charleston.' ' ' ' "There are a , few Joint offices which have refused commercial bus Iness to-day", ; but, thty " are "coming around and we expect to handle bus iness to-morrow with very little delay. We have handled business to all parts of the country with some little delay since the strike, but conditions are now vastly improved." ' - SL'PERSTITIOXS OF THE 13TU. Norfolk Western Union Operators : Preferred Not to Have the Strike Bwome Effective Until After Un- lucky Dato Had Pawed. Norfolk, Va,,; Aug. 14. The union telegraph operators in both the Wes tern Union and Postal offices here are out to-day, the strike' having become effective at 12 o'clock Instead of at Z o'clock, midnight some being sup erstitious of the date, . August 13th, and preferring not to have the strike effective until after Uhe M&th had ful'y pnMd. The We'twn Union management reportel fourteen men out with tea men In, all available far operating duty, v' Tue Postal Telegraph Company has eight men, out. Two are working. EXPOSITION' OPEHATOnS OUT. SlanaRfrs of Both the Postal and Western tnion Ofliccs Go Out With tlie Men. ";. ." ";.,.:;.,;. ': Jamestown Exposition' Grounds, Aug. 14. The union operators of both the Western Union and the Postal Companies struck here this morning. The office of the Postal Company is closed completely with the manager and four operators out. The manasrer of the Western Union Is out. The office in the government buildlne Is closed, but the offices in the exposition service building, and a hotel are operating.. k,-;VV v:--;' k DURHAM SITUA-nOX BETTER. Messages Got HirouRh to the North . Business Men l'ear That They x Will Soon Be in Trouble. Special to The Observer.- . Durham, Aug. ,14. The situation was not so stringent in the telegraph circles to-dav as it was yesterday. In Richmond the Western Union had several men at work, among those at the keys being i some of the ora clals. This relieved the situation and messages were taken - for Richmond and for points beyond Richmond with the "indefinite delay"., attachment. The postal was working on about the same basis as yesterday. ' However, the companies evidently had several men at work In the relay stations as the situation .was not . entirely, tied up as was yesterday. Beyond this situation, ulcked up Jn the nature of "round fliouse' talk, there was but little learned here of what the strik ers and the companies were 'doing dutfng ihe day. There is a feeling of nervousness among the business circles that if the situation is not soon relieved that there will be trouble with the business world. The Situation at Aslieville Not En- ' couraging. t - Special to The Observer. r Asheyillo, Aug. 14. The strike- sit uation her to-day is not so encour aging. ., While ' Manager Clavert and three operators remain on duty little business Is being handled. It was stated this morning that no messages were being received for Marion and Morganton and Statesville and other places (between here and Salisbury, that 'there : were many open 'keys along other lines and that' in effect the-thing was sewed-up. v However, f tress matter was received this morn' ng. , It is believed that . : the three operators - still on duty will go out by to-morrow. i r '- No' Change at Raleigh. " Observer Bureau, - The Hollaman Building, ' " : Raleigh-, Aug. 14. There Is no change In the situation here to-day with reference to the tele graphers'" strike. The Western Union operators remain out and Manager Bannister did' what he could all day .to handle the business offered. No new Operator were added The Postal of fice is not affected by the strike local ly. Its trouble is solely from the crip pled condition of the offices at. other points where thay have realay or oth er connections for transmission .' of messages. , i o Three Operators Out at Wilmington. Bpecjai to The Observer. , Wilmington, Aug. 14. The walk out of three operators in the West ern Union office has been the extent of the telegraphers' strike' here, but all business is handled subject ; to Indefinite i delay, s this being on ac count of the strike at relay point The strike of the three men here was a" sympathetic onet the men here hav ing no local union, v i Holiday at Salisbury, Special to The Observer.' . Sallsbwry Aug. I4.r-The local tele graph offices are enjoying holiday as yesterday active communication with ether offlcesvi sotpped. The union operator are out, but the managers have kept the offices open. Charlotte, Greensboro. Winston and other of fices are so tied up . that messages travel st snau pace. , ' . . , Morganton Completely Isolatea. special to The Observer. , . " . Morganton, Aug. ' 14,--Morganton is completely Isolated so far a re ceiving new by telegraph Is con cerned. .The operators here do not belong to the union but it is impos sible ' to cet 'or transmit a message as union men are at station on both sides of the town and will not let a commercial message pass Savannah, Ga., Aug. 14. The Tele graph messenger boys here struck, to day in aympatny -with tne teiegrapn ers Between 0.and 80 boy -walked out. - Richmond, Va.i Aug. 14. The West ern Union and Postal Ootnpanlea here are receiving all messages subject to Ahv The striker contend that the service of , both companies . la , badly crippled. , ' -4 AUTO PLUNGES INTO RrVER, SIx-Tear-OId Girl Killed and Three Other Persons Seriously Injured ' Car tioeg over u-mnannmeiii, Jraii' Ing 75 Feet to Water. , , Susquehanna, Pa. Aug, 14. A the result o fan automobile accident near here to-day Hele Brush, aged years, was killed and three others serlouly injured. The machine, which Is owned bv Barry Brush, went over an em bankment 75 feet (high and . plunged Into the Susquehanna river. The car was occupied by Mr. Brush, hi daugh ter, who was killed, Frances Griffith and Thomas Boylan. Brush was held in the automobile were thrown out and hurled ' against trees. Boylan Jumped from the car when it began its Aaasxtti . Rriiah wm PAiirht in -the steering gear and had a leg broken. He went into the river with the car, but was rescued by boys who were swimming. : Exposition May Be Open Sundays, r Norfolk, Va, Aug. 14.-VA plan to open the Jamestown Exposition on Sundays, with a small admission fee and none of the concession opened, has been submitted by Director Gen eral parr to Secretary of the Treasury Cortelyou, witn a request , for ap. proval. Action on the request la ex pected . In afewdays Thirteen Hurt In Wreck Neai' v At- ' Atlanta, Ga., Aw 14. Thirteen iperson were Injured in (wrejak near hew to-Ujht ; . . 1 , '.';,"'". W-'.- ! , . 1 " 1 ': A Confederate General Bead. " rtnelnnntl. O.. Aug. 14.-8. B. Bndsey. who wns a general In 1he Ciynt"rntt tvmf durln? the Clvtl wr, 'dIM at bis hom tn Milford. near- here, tat last night of Bright aiseasa THE TOPE HFG. CO, FAILS A. L.lrOPE IS NAMED RECEIVER Appointment Made by Superior Court at ii art rord, conn., on Application of McManus-Kelly Coniiany, To ledo, O. Action Instituted On Be half Plaintiff Company and Sueh Other Creditors ; and Stockholders a. 3Iay Elect to Join Prosecution Asserted In Complaint That, in Hands of Competent Receivers, Affairs of Company Can Be so Ad ministered That Claims Can Be Paid In FulLy .y ,.::rn:- -: :, t Hartford, Conn., Aug. 14. In the Superior Court here to-day . Albert L. Pope was - appointed receiver of the Pope ' Manufacturing Company of this city upon application of the McManus-Kelly Company, of Toledo, 0., who Vera represented -by James H Frledmore, . ef New Tork. Bonds were fixed, at 1200,000." The-receiv er is a son of Col. A. A. Pope. In the ordeir It Is specified that the receiver may conduct the business and con tract for the sale and delivery of automobiles, ' bicycles and their ac cessories to' such an extent ; a In his Judgment may be advisable and un til the further order of the cour The Mcnanus-Kelly Company, in the action instituted, here ' to-day, sued on its behalf and on behalf of such- other creditors and auch stock holders of the company as may, elect to Jolnv in the; prosecution. Ita cited claim is said ' to" be J 1,4 3 if with in terest r- :J';.;- SiC5;- The Pope Company has manufact uring .plants In Hartford and Enfield and Westfield,. Mass., and Hagers town, Md. f. In the complaint the value of the company's property In this county la given at $3,291,?98. It is asserted in the complaint that In the hands of competent receivers the affairs of the company can be o ad ministered that vthe claims against it can Je paid in full. The McManus Kelly Company claims damages of 86,0O0.' ; A STATEMENT FROM COUNSEL. Receivership Proceedings Direct Out come or Present Rigid Money Mar ket ConditionsAssets Worth Many Time the Liabilities If Company Continue as Going Concern. New Tork, Aug. 14. The company was Incorporated In February," 1903, la New Jersey, succeeding the Amer ican Bicycle Company in the manu facture of bicycles and automobiles. It own all the stock of the Pope Motor -Car and of the Federal Man Ufacturlng Company. - i- There is IIO.OOO.OUO or - common stock, $1S90,97 of first preferred and - $8,6J3,100 of second i preferred stock outstandin g. The first prefer red la a $ per cent cumulative stock subject to call- at 110. The second referred Is 5 ' per cent " cumulative. All the stock is held tn a voting trust endurln until February 1, 1US. There Is no bonded indebtedness. Joline. Larkin and Rathbone, counsel for the receiver, gave out the following to-day: - "The necessity for the present proceeding in the case of the Pope Company and ita subsidiary company arises from the curtailment of credit and the reduction of loans. in word the ?s receivership proceedings ar the direct outcome of the present rigid money market condition. Loans are falling due and the company wa unable to raise funds witn whicn to meet them. We have every reason to believe that the assets are -worth many times more than the amount of the liabilities if the company con tinues a a going concern, we ex niw that iiiieh will be' the case." - . Kgibert J. Taraoiyn was appointea by the chancery court of New Jer sey as receiver of the Pop Manu facturing Company's property In that State yesterday. Tne application for a receiver wa made by cojrnsel for the Pope Manutacturing com- Hbje ipetltSons fBad" at: HaaHford :bjr thie miMlMiius-Keiney Company, of Toledo, askdmar (for ; receivers, ' shows total assets of Ibotlh coimpanlie to too tll.205.S70: wit!h - toJtal. UabUltios reetchliwr 11.972.828. mm oetvtlon maw cne totaii I mplitiaaitatilain of the Pope Manullilo- turtwr Cornipany to roe izz,6uu,uou. and (the tflie company twas organized 4ft KOI in Now Jersey.- Tihe petition shows the assets of tihe parent com pany to (be $7,724,217, with MIUti et $1,459,854, wltto h "assets of the pooe Motor Car Cornm-ny Maced t $3,4S1,S53 and llalbllltlea $512,9172. LAST FINANCIAL STATEMENT. Current liabilities of Pope Company, . as Published in Boston In June, Were 2,600,000, Against Assets Ag- v gregatlng f5,480,000f , ' - , Boston, Aug. ,l4.iJudge Dodge, of t,he United States Circuit Court this afternoon appointed AiDert ,ju fope, ancillary receiver for the Pope Manu facturing Company In the-dsltrlct of Massachtuettav'-s''.v. i , E. B. Dodge, the agent for several of the . Pope automobile In this city, seated to-day -hat the Pope Manu facturing Company gave up its of fice in this city two years ago and that Its business had been conducted a In other cities by Mwnte.fHW! By the last financial statement of the company, published here in June, of this year, current, liabilities were placed at $3,(100,000 against which were shown asset aggregating is, 460.000. Of the current assets 14. 185,000 represents material and sup plies and finished product on hand, mostly automobiles. , EliECTRIC CAR LEAVES RAILS. Tonr rcrsons. Two of Them North Carolinians, Injured in Accident at Ninety-Ninth Street Entrance- at Jamestown Exposition. t. Norfolk. V., Aug- 14 Four ocr sons were injured and several score other exposition-bound passenger had narrow escape when a crowded trail or electric , car on ths - Atlantic ter minal division of the Norfolk and Portsmouth traction line jumped t track near the Ninety-ninth street en trance at the Jamestown Exposition to-day. as the result Of the ' forward wheels splitting ar switch. The car ran almost brosdHide for zs yarns. The in Jured are Ev R. Lewis, of Klnston, N. C:, left Jaw dislocated, chin and nse cut: L. R. (East, of Norfolk, left leg hurt: one unidentified man of Greensboro. N. CU. sprained ankle and an unitlentiOed souvenir postcard employ badly bruised. FAMC FillCES IX? STOCKS MUCH ENFORCED LIQUIDATION Failure of Pope JIan ufacturlng Com-j puny, Topether un Government'tf Attitude Toward Coriwratlons and TLrecteiiPfl Slonetary Stringency. Throws Market Into Demoralized Condition Average Level of De clines Below That Readied In Mem orable Northern Paelfle Panic of May lOOf Stocks Sold Lower Than Ever Before In Their History Slight Chock in Decline Near Close. ; New York, Aug. 1 4. Distrust oT the government's attitude toward the cor- pofatlons, vg threatened monetary stringency In all the leading markets of the world and the financial embar rassment of the Popa Manufacturing Company combined to demoralise the stock market to-day. Prices melted in sensational fashion and the . average level of declines was below that reach ed in the memoVable Northern Pacific panic of May, 1901. Stocks were sold lower than ever before In their his tory. Of the several causes named the failure of the New England corpora tion, probably esclted the greatest amount of apprehension. . On the exchange and In the various brokerage offices the excitement was Intense throughout the afternoon. 'Af ter the close of the market ;, urgent calls , for additional margin wtre Is sued by brokers. There was talk of a bankers' pool being formed to protect the market from further raids, but this was ridiculed as absurd in trust worthy quarters. The more eubstantial Interests offered little or no - support Under various hammering a great many orders to sell to stop losses were uncovered and as is usual In times of great excitement numerous accounts were thrown over and Bold for what they would bring. There were unmistakable signs of enforced lieuidatlon In many stocks. particularly Amalgamated Copper, which came out in enormous quanti ties. The great bulk of the day' oper ations was in the Harriman stocks, Reading,. Amalgamated Copper and United State Steel, Amalgamated Copper -which closed yesterday at 74 6-8 went down to 6. 8-8, a new low record for the year, and cloned at 69 1-4. New Tork Central which closed at 104 3-4 last night fell to 100 1-4, it lowest ' record ' for many , years. Brooklyn Rapid Transit dropped to 41 1-2 and closed at 42. Reading fell 6 1-2 point to 85 1-4 and rebounded to 88 at the close. Union Pacific de clined nearly 7 points, Nortnern Pa cific 4 points to 115 1-2 and Southern Pacific 3 8-4 points., U S. Steel scored a net loss of 2 1-8 points for the day. The decline was checked near- the closing. .' . , , NEGRP .JRAWW; CONFESSES, James Ruoker, Wliomthe , Governor Failed to Pardon Says He Is Guilty and Get Ready to Dlc-i-Wants to See two Gallows. . Speclak to The Observer. " ? t . J Asneviiie, Aug. 14. James Kucaer, the negro In jail here sentenced to be hanged next Tuesday August 20th, has made confession of s hi crime. Rucker was arrested, tried and con victed charged with the criminal as sault of ml 6-year-old step-daughter, during January of this year. For sev eral month he maintained an air of Indifference and when convicted and sentenced to hang wa apparently un concerned. He Insisted that he was in nocent; denied to Governor Glenn dur ing a personal interview tnaf ne naa anything whatever to do with the crime and that he knew nothing of it. This attitude he maintained until last night when he called Jailor Mitchell and made a full confession. After- twards Rucker said that he felt better and that he was reading the , Bible and praying and getting ready to die. He said that he was prepared to go and believed that he was saved. - The work of erecting the scaffold and the temporary enolosure at the Jail is proceeding well and everything will be in readiness for tne execution at least two days ahead of time.. Ruc ker has never seen a : gallows ana manifests keen Interest in the instru ment of death. He questioned Mr. Mitchell closely to-day relatlv to ths construction of the scaffold and de sire to see It It is likely that he wlU be taken to the window overlooking the' trap this week and allowed to view the Instrument on wnicn ne is to die. Rucker said that he desired to make a talk before being taken to the scaffold. ' After leaving the ' Jail ne wants the execution to proceed with all haste. He requests that when the time arrives the trap be sprung quick. Rucker ha assured the officers he will give them no trouble and say he will. die game. . COTTON MILL CREDITORS MEET, Mr.' Caesar Cone. Receiver, Submit - a Report Which Makes an .Excel ' . lent Showing For the Odell Manu 1 1 facturintc Comnanv Court Asked to Continue the Receivership. Special to The Observer. , Concord, Aug. 14. Pursuant to the call of Receiver Caesar Cone a meet ing el the creditors of the Odell Manufacturing Company wa 'neld at the Odell plant this afternoon at 3 o'clock. ' Among those present were: Caesar and Moses Cone, Robert King and J. A. OdelU of Oreensboro4, R. H. Wright and John Sprunt Hilt; Of Dur ham; James Ii. rou, weroert w. Jackson and Joseph G. . Brown, , of Raleigh; D. C. Parks, of Hillsboro S. Wittkowsky, of Charlotte; Rev. M. A. Smith of Wadesboro; Rev, J. D. Arnold, of Lenoir; and Mr. Burdette, of Richmond, Vs., besides a number of local men who, were mora or less interested. . ; 'Receiver .Cane submitted hi report end it wa received with grateful pleasure by the creditor;, the same making a most : excellent . showing. Messrs. 8. Wittkowsky, , Herbert W, Jackson and R. H. Wright, who were some time ago appointed a committee to formulate plans ' tor re-organiza-tlon were present but offered no re port at this time. - The following, resolution wa un animously adopted: - Resolved: First That the court be asked that the receivership of the Odeir - Manufacturing Company ' - be continued and that the receiver ; be : reiuestd to call. another meeting of the creditors, to be held about tJie first of February, 1908. . Second: Tnt a copy of this reso lution be filed with the United State Court t Greensboro. The meeting .was harmonious and a number of the creditors made short talks, expressing confidence in" Mr! Cone and gratification for the report l.e made fur the time he has had the business in charge. M UCII 'INTEREST EVIDENT AS WASHINGTON SElS STItntE No Fear as to the Outcome It Mr. Roosevelt and His Allies Are re sponsible for the Great Business Depression, the Administration Will Have an Opportunity to Make a Master Political Stroke Stocks Decline Considerably During Past Few Days Group Known asj Uie "Standard Oil"i Powerful Manipu lators In Wall Street. , ' Observer Bureau, Ull O Street, N. W., ' Washington, Aug. 14. wnh'several hundred telegraph op erators having left thp!r employment, walking up - and dowa th streets, with1 te consequent delay of ? the transmission Of ,messacs,, and -with the newspapers." especially the , New Tork newspapers, filled largely ; with local news, the press telegrapher having also gone on strike, of course there Is much Interest In Washington In the situation, r But this panic in Wail Ktroet n,i similar Dlaces where an Infinlteslmally. small" proportion of the American people centre their be Ings is not occasioning any serious alarm for the afety ot the country. Washingtonians, you undersUnd, have for their chief interest in life the saving of the country. - The reg ular Washingtonians are not the ones who save the country when it is aoout to go : to the , demnation bow-wows; but they have a set of fellows centered about the White House all the time and another set of fellow over on Capitol Hill In winter who eat bread by saving the country, xneretore, whenever there 1 an opportunity for anybody to save the country, Wash-; lngton people get immediately inter ested. They , are interested Just now in the situation, but they have ; no j fear of the outcome. ' If Mr, Roose veU and hi allies have brought on great business depression, a panic or other distressing situation, ' why, there, are- Mr. Roosevelt and hi al lies to save the country, from it Many, in fact, are Inclined to believe Ciat whatever situation of this ort 1 brought about ha been done in order to give the administration an oppor tunity . to wipe . it away, -v; . ;:' ' POWERFUL MANIPULATORS. Stocks have been declining the past few days at a great , rate, and tho Wall street speculators are declaring that the reason of it is that the Pres ident seem about to enforce the law of the United States. Mr. Roosevelt has been President of the United States nearly ; seven I years. Exactly why anybody should come to the con clusion that now he Is going to en force the law against the trusts doe not appear to the ordinary mind, but almost anything appear to the tock gambler' mind. The exposuresof the method of the Standard Oil Com pany which, after several years delay Mr. Herbert" Knox Smith under the direction of the President, is mak ing, , is no , evidence that anything la going to be done about it and if any thing is done it seem very clear to those who watch the - situation - at close range, ; that only the Standard Oil Company will Buffer. The Stan dard. Oil Company, you ' understand". get no benefit from tne tarm regu lations, all the other big trusts which have been Belling abroad cheaper than at home, for instance, are enab led to commit this inquity by the tariff regulation. It 1 certain, al most beyond peradventure. that tne government la not likely to touch any of tha trust which are protected by the tariff. ; STOCKS DECLINE. . It 1 known that a certain group of financiers, "known a the "Standard Oil," are the most powerful manip ulator in Wall street. And although Standard Oil stock itself is known as a curb stock, that is, it is not bought and sold on the tk ex change. It 1 also known that this Standard OH group ha -r hand In nearly every . big transaction On the exchange. "Standard OH" could therefor easily bring about a decline in , the price of most of the stock. Thl it 1 thought here, 1 what la be ing done, in order to frighten U administration, and .prevent further proceedings against the Standard Oil Company. A auit ha already Seen started out In St Loula for the dis solution of the Standard Oil Com pany, and from Wall Stree Just now are coming not only reports of decli nation In the value of aecuritle but reminder of what took place just al ter, the dissolution of the Northern Securities Company. Whether or not these threat on the part of powerful financier will check the President In his so-called campaign against the trusts, remains to be seen. It I re called that when in May a similar threat ot a panic and general , busi ness depression came -down from Wall Street Mr. Cortelyou, the Secre tary of the Treasury, Immediately came to the relief ot Wall Street by extending the time for ths maturity of a large issue of government conds. Yet Wall Street wa ridiculed so much by ths press of the country that It is not now thought that the adminis tration will get very scared In this other attempt to bulldoze it It 1 confidently believed by all parties that the President, having once start ed, is going to go the limit against the Standard Oil Company. ; There 1 nothing for him, or the O. O. P. to lose by It Ne stand-patters can set up a howl about attacking a tariff coddled Infant industry, for th Stan dard Oil Company ha built up : its enormous monopoly without the as sistance of the tariff." It it were not so , and the government bou!d"pro ceed against the Standard Oil Com' pany there would be . a howl from one end of the country to jh other for a revision or rather a reform of the tariff. But no Democratic spell binder or campaign literature produc er will be able' to tan up the name of tariff reform,- no matter what the government doe to th Standard Oil Company. And, furthermore, there is no longer opportunity to t any campaign fund from the standard Oil. Judge Land! has Imposed a fine ef $29,000,000 which the w".iole country is applauding. Th Standard Oil Company Is the molt haud of all American corporations. Everybody hates the Standard Oil. Why should not the President of the United Stales Join in,, and he has abundant infor mation which ha been laid up In the dusty pigeon-holes ot the, Bureau of Corporations for these - two year or more. - So insplt ef the cry of panic from Walt Street, It is thought that the President"-win continu to the very limit ot hi power to prosecute the Standard Oil Company and the officials, provided of course It is not revealed, f In the Pant Morton case, that some prominent government ofil- MONUMENT ..TO GEN. SUMTER Shaft Erected by State of South Caro lins to Memory of Revolutionary Hero la t'nvelled at Stateburjc President Sends Appropriate Mes sage. Columbia, B, C, Aug. 14 A monument erected to the "memory ot Gen. Thomas Sumter, the revolutionary hero, was un veiled at Statesburg, Sumter county.V to day,;' , v, . About 3,000 persons from all sections of the Stata gathered' to participate in the exercises. . . . - :' Former Gov. A. J. Montague, of Vir ginia, and ' Hon. IL A. M. Smith, of Charleston, were the principal speakers. Gov. M. F. Aneal read a message from President Roosfvelt wprropnate to the occasion. The First Artillery Band and about 200 regulars from ullivans Island and several companies of State militia took part In the exercises. The , monument was erected by the State of South Carolina at a cost, of $l.io. , - - Ci(nst v-,., tieln & great warrior, represented . South Carolina foi u uuiuua' a. buui uranches of CoiiKreHM. He, waft, born In Virginia but spent the greater part ot his life In this State. '-Si ;-;.v--v- To the efforts of Col. John J. Dargan. rlnclpal of the General Sumter Memor-. al Academy, la due the credit In large part for, the erection of the monument g tateburg is an histories place. It Is loi cattd in Kumter county, about six miles from a ' railroad. : It missed being ths capital ot South Carolina by Just a few votes. SECRETARY TAFT AT CAPITAL, Most Important Matter On Hand Be fore Ills Rcparture For Philippine 1 Preparing Annual Report and .' tunates of Appropriation ior war . Department For Next fiscal 1 ear. Washington, Aug. 14. Secretary Taft returned to Washington , Una, morning from his vacation of about . a ' munti. spent at Murrey Bay, Canada, He went early to the war Department reaching hli'offlco before S o'clock and at one plunged Into the great mas of work needing his attention. The Secretary has considerable to do betweer. now and Sunday, when he again leaves tne city on his Western trip, which is to end In Seattle, whwe Mr, Taft is to embark i lor the Philippine. The moMmportant matter on hand is that of preparing his annual report and the estimates of ap propriations for the War Department (or the next fiscal year which he la anxious to ftnleh up before again leaving the olty. Secretary Taft spent sometime during the forenoon revising the proofs of the speech which he expects to deliver next Monday night before the Buckeye Re publican Club at Columbus, O. It is ex pected that In this speech Secretary Tift will sound the koynote ot the next Re publican campaign. Among other things he will have something to say about Uie Brownsville episode. He has not yet Iwen able to plan the other aneeche nhich he is expected to deliver at vari ous point on his way to the Pacific coast. . ' SIR, ED ERWIN BADLY HURT. Jumna Out of Road Cart, Falls On HI Head, and Sustains Painful, If Not Fatal, Injuries. Special to The Observer. , - Rutherford! on, Aug. 14. Mr. Eo Erwln met with an accident to-day at noon, In which he wa seriously, if not fatally, injured. Mr. Erwin holds an important position with the Ruth erford Hospital and had Just driven over to town on business. A he cam up Main street the ; spirited- , horse whicn ne was anving oecame iriniii ened and run away with him. In some way the horse's bridle came oft and Mr. Erwln seeing that it was useless for him to try Ho stop the animal Jumped out of the road , cart and falling on his head, received a severe lick, which has rendered him uncon scious up to this time. He was immedi ately placed In a carriage and carried to the hospital, where he is receiving every attention. Mr. Krwin w a splen did and popular cituen or our town and held in hlah esteem by all who known him. The expression of regret over the deplorable accident are al most universal. . ANOTHER SOUTHERN WRECK. Freight Train Stops ...Without Sending Out a Flagman and Is Run Into by No. S Several Person Slight ly Hurt-Track Blocked for Ten Hours. Special to The Observer. Reldsvtlle. Aug.- 14. Northbound passenger train No. t ran Into the rear of a freight train three miles north of Reldsvllle at 1:10 thl morn ing, causing quit a bad wreck. Three or four freight cars .loaded with produce were smashed and the en gine of No. t totally wrecked. Engi neer R. K. Pierce and Conductor Kennedy, of the. "passenger train crew, wet slightly "injured. The passengers were severely shaken up but only three or four received In juries, -non of a serious nature. The freight train had stopped on account of a hot box and it seems there was a failure to properly flag th rear.of the train. Th track was blocked until I o'clock this afternoon and all trains delayed1 from one to nine hour in consequence. , WRECK 0!f THIS 'TOXAWAT LINE An of Car Turn Over and Roll Down Small Embankment Injuring Thir teen Persons, Some SortoUHly. Anhevllle, Aug. ll,PaMngr train No. R. of ths Southern Railway, which loft Asheviile this, morning for Lake Tfxawny, was drvmled at Bellca, four miles beyond Brevard. All tha cars were overturned and went down a small embsnketnnt with the result - that 13 perone wore Injured, though not serf ouly. The wreck la said , to have bean caused by spreading ralla Following Is tha Uat of Injured ; -I.ticllle KlngsMiry, Wilmington: Mr. Wolter JBear Poplar. Mitchell county: Mrs. L. H. Shaw, Fountain, Pitt county i W R. proan. Spartanburg, 8, C.f II. C, Heird. Organe K. M. Taylor, -'--Jackson, Miss.'. Mra IL A. Moore. Morton, MIh.; M.' w, Kelly, Auta, On.; Ktta Smith. Jacksonville. Fla.: Mrgaret jhaw, Fountain Inn. V CJ Mrs. Dr. H L. lent. Brevard: J. F.' Low, eonductw, Ashevllla : W, R Orr, flagman, Ashevlll. cutis or some Influential friend ot the administration are Involved. stock may continue to decline and the panic on Walt Street, Inspired by the Standard Oil group, may cause thousands of panicky and easily fool ed American Investor to los pile of money. But report , from every quarter of this country are : to the effect that tlmea were never better: the crop outlook Is brighter than It ha been for year: all the great In dustrie of. the country are prosper ing; people hav money and they have produce to be hauled by railroads and to be handled by manufactures, merchants and consumers. .. .There cannot be any hard times when such conditions as these obtain and a cry of nvolf, wolf in Wail, Street Is a false alarm as aU wise men know. ; . Yet, of course, ther Is only one man In America who can save the country.' He is at present pitching up hay at Oater By. , ' i ACII McGlIEB. SEWS OF STATE CAFIIAL LAWYERS LEAVE l OIl Nir.V 1 ( . Takhig of Testimony r.etrlos 1"A f In Hie Itaiiroad Ilte ?iiUtir y . State Flag Beinr Tned Now - :i ; of Charters tirantiHl, Inclui!:: x (, " to a Charlotte Sanitarium Cnu j j ? Aged Negro Pardoned Kai i Electric ; Company Enlarging iw Plant Prlntery Moves Jnto w Rulldlng Counties Wake Up to TJ- j ucutional Needs and Vote a SpnH.il Tax Other News Item Irani 1. .1- eJgh. :. , Observer Bureau, . The Hollaman Building, Raleigh, Aug. 14. Judge Montgomery, standing mas ter before whom evidence In the railway pasenger rate case ot the Southern and Coast Line will be heard in New Tork beginning to morrow, left for New . York this morning. Corporation : Commissioner McNeill land ' 'Secretary 'Brown also nvent Judge Shepherd came here from Asheville and he and Rod man have gone to New York. Others , who left to-day were ex-Governor C. , B. Aycock, and Messrs. Daniel, of WeWon, and Woodurd, of Wilson. fTite North Carolina Patriotic So ciety. P. C EnnObss, secrenaiy, Is Wng mukBt to aiwaiken Interest tn. the Nortii iCumoltlna flag; so much so tthat It is hard now to sutpipHy he denumds for , the flagj, tho oixlers for, them com ing In for all el zee and grades of fejb rks. The flaBs ere mw (waving over . Ipraictfcally all the State and county , (buaidlngs 4n oompliainoe with the act ; , of Dhe last Legislature. ..More than five hundrert Stiate flags we eihtpped ; the "puist two weeks to rthe Jsntes- v town Exposition m ; prepajtaitlon for , North Ouxxlinu wek wejits. The so ciety has Just umWhed - two : very handanme State reigbnenral flags for , tho three rca-invents of the - Norfh s (Oarcftna NatfiwniaJ Outird that 'wM- epend he weik In dmp at James town. They are of tihe fmest field , flaw ilk, wttlh srold tmlMon and other reguIaUon trhnrnings. CHARTERS O RANTED. pianyi caipKaJ $125,000 auMhorlxed and $11,000 subscribed toy E. C. Rsg4ster,A W. O. Nesbit amd J. A. OrowsC. tiDflrd Bros., of Concord, . gen eral meneantifle Ibuslness; oapltal $100,000 aiuthoaiixed and $10,000 sub- ' scrilbod 4y W. C Wilkinson, E.'I Eflrd and others, of Ovarlcitte. The Stonewall Hotel Comtpany, of Groentlboro, io opeiiate hotelsi and eat ins; houses at reentlboro and at other 'points In tihe filler cagrlta.1, $125,000 BUtihfortsed and $50,000 subscribed toy J. M. Jamison, A.! A. WdlBamis, O. C. Andrews end ctther. OSr. Jamison mna for a ikm 'Whffle a memher of the firm of Greehuim & Jaim4on who oper- , sa4hrl I j&1if 11 M ft JftM)N1WV VlAlHUU Am thA Seaboaird Air 14 ne. . . The Heah-Monw Company, of Monroe, mero&ntile busans; capital $125,000 aiufhOrlxed and $10,000 sub- scrtbed by R. tA. Morrow, O. P. Heaflh and oUhers, ; The rtwiker Paper Twine Company, '. .oi'HIsjh Point; oafpltaJ $125,000 by W. . T. Panker, J. TI. iMWIls and others. . The A. & MeUvta Comjany, of Fay ettavllle. tor mercantile Snisinese; capi tal $10,000 by A. S. Melvtn and oth- The Edwiards A Droiugitvton Printtns; ( Cmipany, off tAvIs city, lm onwtng Into its mndsotmie -now ibuffldfei on SUllis- et, tlirwe stories, Kkmstructed of ipreesed torlok, buff and terra ocrtta trteantags. It ts design etd especially for the prlntlnig and WHhograipihlns; business of the fcorapany. . ... , Oovernor Glenn thus srnanted a par don to WlU lam Shtwns, am aiged negro of RaleOgh, wiho (held ibeon sentenced ' to tna iroaos x tnannina xor assauit end ireststlnr an offloer. . . '" The flilite eutpwrtntendent of Pubiio Inetruction is natlned by County (I'kp erlmtemlwvt E. T. AtOtlnson, of Wayne, tihat Wooditeunid sdhooft dhstrtct has JusKr' voted speeds tax for the improve' nvmt of schools wftinout a, dissentln ipulblte meetinfx or spet.ih for the ejec tion. A letfter from Ocnmty Su perin -teodent C. & WMgSirtv t Walk, to Oh effect ifhwt EWcvttle, in county, has voted tipc(Ja4 tax. ' - ' - In addltlmei to h xitem4on of tho . street war 8 toes In Rafleigli (more than three and a heJkf miles of tienr Una to be (built) ilthe Rcfleteh Electric Con pny to etftdlrtg tinder Uy other tm portamit tmprovesnent. ' A new 500- Kwnm Mont lurumi vtvcruntr cnxn the Oenerat Eloctrks (Company tt already (here to be placed In position at tihe ipowwr (house. The ipower houM and car sheds tan Setna; remodeled and pmtotksiBy fetbuUt, the wjnistrocitton being of trtok amd ejteel wrh conwrete foundattons. H A new 4404htorse-ipowcr .boiler Is to b added to the number : now tn use, all fhene belmg In addition to the fine iwiaterHpowor plant of the company at th e f aU of . dhe Vwe wflhere the greater part or the current Is generated. There , is considerable doufble-tracktns; wider way on Htlls- boro street, running out to the State fair ground. - This mtil bo complebctd tn Ume for the State fair. ; STOPPED TO GET FACTS. Fred A. Woodard Will Re Present at Rate Ilearln; st New Tork as Coun sel for North Carolina. '', Observer Bureau. . .1411 Q Street, N. W j'W-iSWashlngtont'D C. Aug. 14. f Fred A Woodard, on of the coun ael for the . State In the rate cases against the several railroad compa nies, passed through Washington to day en rout to New York, where the hearing will begin to-mjrrow before Standing Master Montgomery at 8) Broadway, , 1 ' . Mr. Woodard stopped In WashtnRtfm to get some facts from the ofllce ot the Inter-State commerce cimn slon, which he says he got' He l"ft thl afternoon for New Tork. Mr. Montgomery w designated by JmUu Prltchard to take . testimony in th several case and a number of attor nejV representing the railroads a t these attorneys, for the State win t present A largo number of railway of ficial are expected to testify. . , Mortran In Route Jlon. Southampton, Au?. 14. J. I -pont Morxan, who has frent t!. ' few weeks between . T,"r '-"i. j end t'owes, left lr -. ;' day on board the bt ; r t
The Charlotte Observer (Charlotte, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Aug. 15, 1907, edition 1
1
Click "Submit" to request a review of this page. NCDHC staff will check .
0 / 75