Newspapers / The Charlotte Observer (Charlotte, … / Nov. 9, 1907, edition 1 / Page 1
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iiUECIillION'rJ I i s 3.00 A YEAIT. CIIAIILOTTE,'N. C, SATURDAY HORNING, NOVEMBER 9, 1007. Pi, TflEr-ri&SIDEH-13 HAD c:::vnxG u:, Promise , Is ' .Given of A.' ::.; n to imlersli,!i of Ananias Club f . . -V xwevt-it Tires of 11 tving It Said .. V T lint He is HespotihiMo Por the S, warrt M. Muj-inrd a Proml- ' 1i ncnt Offender PresliDent Has . : t KcaHy Done Little Besides Talk Iteuttion Has Set In and Viola tion of Anti-Trust Laws Would lie Attended With Little Danger. ' , Observer Bureau, ' . No. 13 Post Building, Washington, Nov. 8.' There promises ; some considerable number of, new. members of the An tanlas Club, unless the presenCtem ' per of '.. the chief ; "elector changes . materially. Those who have vis ited the White Hoiuse the past lew days have een some foaming at the ; mouth and . some energetic gestlcu ' tation, and words have been pro ceeding from the Executive mouth. , which were not uttered for publica tion. ,The , substance of them, thought, and their Import may be printed without violation of confl- . dence. f V The matter Is sthat the President la getting mighty tired -of this thing of having prominent financiers and representative newspapers say that he Is responsible for. the panic In ' , New5 York and the general lack of confidence m the big financiers and captains of industry which has caus d this financial unrest fand the storing up of i money in! ,f stockings and chimney corners instead of let t ting it circulate through , . the busi ness channels,. , ' SAYS ITS NOT 60.' , ,'. , - To-day and yesterday In partial lar the President has been making remarks anent the remarks than are ' , being made about him. He not only " denies that he Is the causa of the t financial disturbance, but he -very emphatically and 'profusely - denies . that he has made the -remarks op t enly and widely attributed to , him. For Instance, a - speech recently made, by Edward M. Sheppard fully ; entitles , that distinguished , gentle man, - In vthe opinion of (the chief " elector, to full membership In f ' the famous " club,' and , while Mr. Shep ' pard has net been formally elected, It Is , well tnown here now that his frame is In the hat," 'with a fairly rood prospect of "being drawn out. . Mr. Sheppard said: -"For months President f Roosevelt has been .going up 7 and, down- . the country planting the doctrine of dis content. , He has excited Jealousy on , the part';'1 of the masses against . . the classes, and has weakened; con ' fidenca In . our business structure. ,3Ie has sowed the wind and. we will reap the whirlwind." The President says he ain't done no sich a , thing. ' ' And what's more, he don't care who knows that he eint v ,V WHAT SHEPPARD SAID. ' ' Mr." Sheppard further aalj in that nech last week: , . . 't .BUthrsna'eheged..srith.ii elriormou9 V responsibilities, whose v duty It .Is. not - to-. speak "until he ;' knows, not to make charges until he can make ' good, when , such a - man goes over the country, . with , every ear open to his words, and charges men of wealth and -standing . with crimes, saying that almost ev - cry captain of Industry, should toe tehlnd the bars, his words have a .' much greater effect than If he were ; a private citizen. "Andl when -he ..from ' the- White Jlouse Bay that " he . will send from " ten to' fifty capitalists to Jail, it at tacks the very centre of ouf , confi dence In our Institutions. ' t THJB . CKAROB (OVER-STATED. , - In fult Justice to Mr Roosevelt, he never made any such charge as that. nearly every captain of Indus- ', try should be behind the bans, and tie never mneaieneu . iroin veu iu . fifty capitalists with pail. - Very few men hereabouts doubt, that If he ' were really to try very hard to make convictions he might be able "f to put some dozen or so at least of . the high financiers in jail, and have them sent from there to. the, penl v i tentiery or the . chalngang. ' Nor ..is there any reasonable doubt In many people's minds that if he really wanted to "bust" some trusts he 1 could " find plenty of ; them ' " which " Jjava 4een flagrantly violating the law i The most he has done ' hns ' Bk n tr ;4nllK nKi-kilt Vk A CrK f f iM recti LU " Mkl A. JBVWUb . W URL VUBUk . W W done, and he has not really gone so tar in doing that as be is represent . -ed to have gone., No wonder he 4s ' mar.A ' ' ' ' ' 1 Just few days ago,'. Mr.' Frick, one of the, great much-a-mucks of the Steel trust, ; was down here ' to confer with the. President' As a consequence " of that . visit it was announced that there would ' be no 1 proceedings against the steel trust, ' jwhtch next to nhe Standard ' , Oil Company fs about the most power ful corporation in : the country;' and r 4hira la aonrrwlv .a . dniiihf In ' thA mind ot any one ; laminar witn .its operations at all that It has been as guilty f violating thef Sherman law . 1 as the Standard has been. But-the steer trust Is the very high priest of J- the god of 'protection.. The Srandrd Oil gets" no ' benefit from the tariff. ' and has been built , up without the 1 tariff, whereas the steel trust ' could V tiever have .grown-so powerful .i but 1' "for the exorbitant tariff. -""Moreover the time" la coming when campaign funds will be needed to, elect a Presidant of ?the"United t6tates,.nd the steel trust has' .been ..too good a friend in the past ' to cut off that nource of supply. especially since there is no longer any chance to get enythlng from the stanaara. No, Ms- tfi ataol trnaf mill tint - hm nrnnn- ri..-..y....... ....... Vft cuted, and the quasl-lnvestigation said to hjavs been-begun by the Bu reau of Corporations , . will get' no , further than the Inner sanctuary of the bureau, If indeed it gets ' that far.c . Certainly the President T has no Intention .of allowing any of his agenU to disclose v.. to ; the J public what the steel trust has been doing, , and Mr; 'Frick went" home evidently reassured", i Yet ' in spit of f such things as this, the financiers V in - - Wall Street: and the great newspa pers of the . metropolis which Wall "howl that the . Fresiaent is (fightliig " corporations. . . ..- SAFE TO BREAK LAWS NOW. ' ' Presidents Mellen, H of the New York, New Haven. A Hartford Rali- road, was down here yesterday to confer with the President. He and Ms associates want y to merge the New York, New Haven & Hartford with the Boston & Maine, but fear that the President might want to t have something to say 'about thk. Ihe got on the train and came down , here to e him- Wbout it. And . President. Mellon wont sway.; with the eviik-nt assurance that he. 'might . r" ahfad and do pretty much ns he i.kejl "about this merger. Ju.-t at FIRE LOSS ,KAE--CC0,C:3 Hrcmrn DK1 Great V.'ork la Extlii gnisliins l'lauses After Tliey lliJd Acquired Gmit Headway Oii!rt of lire rnknown ?Jansiou House destroyed, Which Had lleccntly Sold For $10.000 Mrs. D. W. Sni der Had Close Call, While Trjlng to Save Life of Her Pet Canary Yadkin Valley Fair Association Lost All Record Mr. Jackson's Placo to Open , To-Day. Special to The Observer... 0 . : . ,. Salisbury, Nov. 8. The destruction this morning ot the old ; Mansion House, hoary With history, torpught inquiries from every section of "North Carolina. If he Observer's, great work in handling a story so late that peo ple were planning to arise for break fast, gave the public the Informa tion. . . - . ; " . ' The fire originated from unknown causes,' but must have started In the second story of the building probably In the very centre of lt When it was discovered it was burning, fierce ly and the alarm turned In at r 8 o'clock this morning was answered with the; greatest celerity. Both Are companies wets -there,; armed v with long- hose and fine pressure, V-and they saved r the better buildings oc. cupled by W. B. Summersett, kthe Southern Express Company and the block In which the Rowan Hardware Company: does business, with Theo. Atwell a slight sufferer in the. same row of stores. , ':'- v.. ! BklANSION HOUSB VAXiTJASLB. - The loss is in the neighborhood of ISO.OOO.' rThe building known as the Mansion House - is the oldest . extant structure and -was built in ; 1820,ior thereabouts. For ten years or more, preceding, it h"ad been. employed as a storeroom and for many years after its construction it was the most fa mous inn of. Western .North Carolina. It was not sightly, yet it was so well built that It never reached: exactly the eye-sore stage and when it re cently .was sold for 840,000, the. men taking It over. Messrs, W.- B. Strachan and B. C. Gregory were compliment ed for their business sagacity. It was a very valuable piece of realty. The work of destruction was com plete. . The. groceries of D. H,' Mil ler and W. H. Huff had some dam- aged materials saved, but their in surance upon their wares worth Joint ly 87,500,- though owned - separately, was very slight. The two meat mar kets of M. Ik Jackson and M. L. Hoffman were stocked to the amount of, $8,000, the great refrigerator of Mr, Jackson suffering total annihila tion. The furniture of W. B. 6um mersett In his store and In the ware rooms over Theo." Atwell, was smart ly damaged, but ' his bunding . was saved by -the fiercest kind of work The Salisbury Jewelry Company lost 11,500 and the Climax Barber Shop was hit for a few hundreds by drown- A.. tsarina .nn. ..The, stasfc dana.- ages 'were probably f 25.000 and " new, blocK wtn go wp. (,' - - , FAIR ASSOCIATION'S HARD liUCK The ; Yadkin Valley Fair Associa tion lost every record of its initial performance here last "week All pa pe entries, premiums and ' every thing -down ; to Secretary- Wittier spoon's trunk went ap In the flames. On the same fioot Mr;.and MMrs. D. W. Bnlder were living and Mra Snl. der had the closest call from roast ing alive..'; 1st Her efforts to rescue her pet canary, she naasjuA pe carriea down and ,when an r unsentimental man flung the bird cage to th earth and killed: one, ; ghe suffered mental anguish that only . women' can know. The fair managers had Just Issued a carl to all creditors,' this being their first meeting since: last week. Presi dent ML - I Jackson and , Secretary Witherspoon being ML It is thought that they can manage to get r all matters adjusted by the aid of every body oonneoted;wlth the' fair.-: : : Mr. Jackson, - who handles one of the largest trades, n- the State,? will b open to-morrow. He had butch ered yesterdayj tout fortunately had not "put his meat- in ' the refrigerator. He lost hundreds of pounds as 1 was, but had an element of luck in his The passing; ot the old "Mansion House is history everywhere. There ara conflicting traditions connected with it, but It fwill -be remembered by the older people of the -State as the great . hotel , of ancient days, one of those pieces of intlqulty, ; almost . too much-loved for destruction in" favor of modern ciVlllsatioti,1 but the most inflammable material imaginable, and that's why the firemen performed the marvelous when they arrested the fire this morning bent upon the wild est sort of a career. " y Aldermen to Improve Street' Car and , Elcctrlo light Service. Special to The Observer. . Greensboro," Nov! 8, Complaints as to. the inadequate and Inefllclent ser vice of the Greensboro Electric Com pany both as to Its street car and liehtin facilities. havinfiT become fre quent and insistent, the board of al dermen has seen nt to mvesugaie we matter and at a meeting, this, after noon 5 the following' committee J was appointed to investigate and report : Aldermen , Brown,' King end McLean. Mail Carrier Fonnfl: Dead W.totft KnoxvllIe'Tenn ; NovJ5 g.v-James Coffee," a rural mall carrier, whose route was a. connecting one between Tasewell and Lone Mountain, Tenn., . ... .a j . u..kll. ....... . . wa lOuna oeau an s'yuuuv iwni urai the latter place at an early houri Fri day morning. , The mail carrier had been shot from his , horse by an as sassin, but the motive for the ciim If not known, s the mall bags were not disturbed. News of the tragedy was telephoned Federal authorities here. ".'t.-vVW -"v i o-v!' this time, it Is pretty safe to do pret ty much anything in violation of the anti-trust laws. The has - been too much panic and flurry and ' the general campaign in New York of laying It all at the door of Presi dent . Roisevelt is f telling. ;. ; That seems exactly what the campaign means. Wall Street has never want ed Roosevelt iJ It ; has been forced trf suport him Just exactly as Louis XVI was forced to t support such men Mlrabeau to ; save , himself from the mora radical j. reformers. Wall Street atea Roosevelt, but It would much rather have him? than Bryan or . any other Democrat, But It hopes to get rid oi him altogeth er, and so If" Is charging him with every little fluarry there is which ppopte iiisilke. , And it Is succeeding for T. " It . la scared;."- r- r-.-- And What's more, he's irmd. ACI M GillJI!. ::ai IIMB1KG rOSTPOED DATE NOW NOVF3IKER 20TII. Attorneys Interested Agree on Fur tlier I'ostponemfMit of -Southern Hallway Rate Case Prominent Men Subpoenaed Attorneys Til lett and Guthrie and Justice and Maiming Confer With Corporation Commission Relative to Alleged Inter-State Discrimination ; in . Freights by Norfolk and Southern - Mr. Jack -Laughlnghouso Dies at Greenville Many Applications For Positions on Kalctgh's Police Force North x Carolina at the Exposition Raleigh Merchants light 'Vse of Trading Stamps. Observer Bureau, . ; The Holleman Building, -4 , , '. Raleigh, Nov. 8. The attorneys for the State and the Southern .Railway, to-day agreed 'to postpone the hearing of the passen ger rate case before Standing Master Montgomery until Tuesday, Novem ber 26th.: r - " V J.V , , .4 t Naturally there is Interest m the hearing of. the rate 'case. Jx Is cer tain that Mr. Hillman, who. is . quite 4 noted expert in railway ; matters and In general accountlag and who comes from Ohio, will toe put upon the stand1 as fc.-withess 'for the State and another witness will be clerk Henry Clay Brown, of the corpora" tion commission." It seems to be the ImiVession that the hearing will not be" 4 long one; The fact has already been mentioned several times v that nbpoenaa have been Issued - by the State1 for' Vice-President Andrews,1 of -the Southern .Railway, Business Manager George B. Crater - and Bookkeeper. George. Hall, of ' The Raleigh - Evening Time and J, C Martin, ; now the i-presldent of the Martin Knitting Mills here; but' for many years an .official of the Sea board Air- iLine. 'As to whether any of these four will be put upon the stand ; your correspondent cannot speak, nothing being given out re garding these. - , ATTORNEYS -V CONFER - , COMMISSION. WITH Attorneys, Tillett and Guthrie, Of Charlotte, and Justice and Manning, of Durham, were to-day in confer ence with the corporation ; commis sion ,in the matter of inter-State discrimination in freights by . the Norfolk & Western 'Railyway, , thi discrimination .1 In the particular case now being taken up being c against the towns of Winston and -i Durham-. xnese, attorneys were employed l,rl these twotowns. but thav win ArLAMZJ' --.i. t. ... . x..? v-.' pear for the corporation commission ! - 1U!J tJTANIA'S. RECORD. before the Inter-State cemmerc'i 1: commission , at Washington, to whlc; Former Record by One Hour tais case goes and before which 11 ts to. De very . vigorously pressed. The corporation commission: a - fort night ago or more gave our its find ings in this '.particular matter f knd stated that 'there,, wasdiscrimination against Jath the , points, namecLtiJt'he commission has fullpower to pass s,uch matters before ;the.ntfr-State commerce commission. (), '..iivy't WENT TO SEE -THE ANIMALS. State Treasurer - rLacy cent-v Mr. Reese, of the Treasury Department, to 'Wilson to have a look at' Hagen back's1 Animal Show, In order to as certain; and report -whether It is or is not a circus, r really, an' animal shew, as 1U management has claim ed It to be. ;,; , Reese says it ;ls a circus and one ; of the beat he ever saw In .his cllfe.' wlth manya ; new features he had" never before vaeen. This circus exhibits at only three places4 lh the fe State, Fiyettevllle, Wilson and Weldon, these being on the Atlantio Coast Line, which is the only railway in the State which Will now haul circus trains. ' . "i . ! The State Treasury says that the, sheriffs will have - to collect , their taxes better as funds are needed' greatly on account of the legislative appropriation. .Collections are toeing very slowly ! made , ' A DEATH AT GREENVILLE. 1 f Secretary of State lrlmes receiv ed a telegram to-day Informing him of .the sudden g death, at GreenvJUe, of - Mr. ack Laughinghouse, 1 ? his ; ; fe's i brother. Mr." ' Laughinghouse was a son of Representative Laugh inghouse, of the Legislature. A charter ;la granted the MoElroy Fruit Company, of .Charlotte, - to nlant knd grow fruit trees, etc., the (amount of capital stock , being 820, 000, and W,- E. McElroy and .oth ers being the stockholders, t The State Historical 'Commission recently published .a very valuable booklet, entitled the "Beginnings s of English America," this being the story of Sir - Walter .Raleigh's settle ment on Roanoke island.' ' This . was Intended -primarily for . dlatrlbutlon at " the Jamestown i Exposition m in the historical -section, but it ' was found .'; possible to turn over JO,-. 000; copies to the State Superinten dent of Public Jnetructlon,j to be Is sued so that cuie wm go "to each rural school library In North Caro lina, i The booklets are now being shipped to the fcounty superinten dent who should see that they, . are promptly . sent fto the libraries : ; as they: will be found very useful, v ; A' .j, SIMULTANEOUS PERFORM- '"SV-;-i ANCB4.-fj:'-.v-:'---';.-,,-ii.--; - While .; in West Raleigh Mr. Wi it. Howell was 'celebrating his 102d birthday,' with- three of his children more" than score' of 'grandchildren, and yet more i grtat-grandchlldren, Mr." Ell Smith.1 aged 78, and Miss Rosa Mills, aged 18, were getting town magistrate. y To-day plans were accepted by the county board of -education for an 88,000 brick school building for the high; cehoot at the; Twin towns ; of Wakefield, Zezulon, the latter place beinr on the line of .the .Norfolk ' & Western Railway. ! Large numbers of members of the Eastern North.OaTolltt Conference of the ChrlstJan Church lare atten- fdlng the annual meeting which is being held at Auburn; 9 miles from Raleigh. There are also represen tatives of the Eastern Virginia- Con ference ; present 1 The t church is growing.1 ' '','. v ; ' WANT TO EBJ COPS. ' The' Raleigh police force as well as a great many persons , who ar dlently wish o-be policemen are profoundly interested to know what the police commission will ; do. There are 64 applicants and the new police commission ha looked ! Into the merits and demerits of each one of these. -.-.-, 'K - ;--f-r.-.;.'."'v-i.-"f, North Carolina certainly won ,the honors at the Jamestown ' Expo t tlon, not only having the "blgiwt day," but also the. greatest "week," and in addition 4on' blng awarded for its exhibits In vriou'deprt-i ments, 27 .old medals. 89 - silver jncdiLs u.nd 48 ironza ones. RECEIVER FCIl FOUR FIRMS. II. E. Warner is A rented 'Receiver iW lour lrze CoiH'orns in Massa chusetts Business Must Contlnno in Usual Course i'nder Receiver ship About 6.000 I'ersons Are . Employed by These Mills. . Pittsfleld, " Mass., . Nov. ; 8. An nouncement was made tq-day that Henry E. Warner,' who on Wednes day was appointed . receiver .for the Arnold Print Works, of North Adams, has ; been appointed receiver' for the Wllllamato wn " Manufacturing Com-, pa'ny, of . Wllllamstown, Mass!;', and of the firm of Gallup; &- vughton, of North Adams.' Both concerns were affiliated rWlth the prln works ' and with the lorth Pownal Manufacturing Cpmpany, , of North ' pownal,, Vt.. which . yesterday. , ' passed into ; the hands of Mr. Warner as receiver. About 6,000 persons are .employed in these mills. ; -,-t-'';.?'.Ts -.--s;-, . The mills Involved are the Eclipse, directly - under the management iof the Arnold Print Works and -employing 1,500 hands,tand the Beaver, under ths : direction . of Gallup & Houghton and employing' 500' hands, both mills being LtWhls city; the Wllllamstown h Manufacturing ; Cpm pany, a separate corporation but with Arnold Print' Worka officers. in con irol and employing 600 people,; and the ' North . Pownal Manufacturing Company, also controlled by Arnold Print Works officers, with 600 hands. The immediate control of the Ar nold Print vWorks and, through that concern. - of the various other corn panlea. Is in ; A ft ; Houghton and William. Arthur Gallup; ; his son-in-law. The affairs of alf the com panies are exceedingly intimate, . so that the . appointment of a- receiver for the Arnold Print Works on the petition of Charles D.v Houghton, a nephewv of A C. Houghton, j and a creditor" of the Arnold Print Works, was followed .' by receiverships for all the other Jnvoived concerns. The effect of this, action-is to prevent attachments upon any of the prop erty and any waste tln the assets. Under the order of the court the business or" all properties must con tinue In the usual course under the receivership1.-;::-.., .'.-:: r.- J The aggregate liabilities are esti mated at nearly 810,000,000. :; 'Senator Crane Appointed Receiver.' Boston, - Nov. i4 8. United States Senator , Wlnthrop Murray Crane, of Dalton, v was to-day ; appointed co receiver of the Arnold Print Works, of North Adams, by Judge Lowell in the United ..States Circuit Court on petition of counsel for the credi tors. ?His bond; was placed at 8100, 000. - ; ',;; : j- . nnd Twelve Minutes Bears W Scars bhowlng Severity -of: Passage Seas - urcaK Glass in wneel House. t New Yorkr Nov. 8. The; marvelous record established lss than - a ? month ago by the giant turbine Cunarder Lusltania." when , she eurevera44ui pasige time across tha Atlantic ,at rcaflv has- been . broken. " ThA T.nai. tanfa still retains , the-title" "jueen of the s.a(' as it ' was she" herself that established the new, low mark. - On her last voyage thef Lusltanla covered " the distance; in.' four ' days 1 9 honrs. and I mlnutea The j voyags ended to-dav over the 'same '' rn lira A was completed in four .days,? 18 hours ana tu minutes, thus clipping one hour and 12 minutes from the previous- low mark. ,' And this was done in the face of conditions none too fa vorable. , v.' , - - .... - ; ': IW the Lusltanid's big vaults was siorod nearly, 812.000,000 in gold, more1 than a quarter of the Immense total which has been engaged abroad by American bankers since the pres. ent a 'most unprecedented movement began.:' This gold was transferred from the steamer to the einslgnee and then added to the country's avail able circulation of currency ,Th 88 4 leases which the Lusltania brought contained gold coin and bar gold amounting to 2.478,880 pounds, equivalent to 818.881.150.. This makes ;0,d arrlval i to date 821,- , .The Lusltania bore several scars to show the severity of the passage. One heavy isfta,; which broke against the lines s i tall side, sent : enough water flying against her wheel ; house to break In several windows. One of the clutches holding a derrick ' 15 feet aboye the dock vwus twisted badly ahdtsome of the bolts holding the shrouds, were pulled out. Her dcks were kept In the cabins out of danger. While the gale was on the passengers were kep In the cabins out of danger. CASES BT CDUilT OF APPEALS. Ex-Judge Albert lu Coble of Rtates ville, Now Assistant District Attor 1 ; ney. Admitted s to Practice Two Cases Argued and Submitted. Special to The Observer. i Richmond', Va Nov. 8. The Unit ed tJtates Circuit Court of Appeals for the fourth .circuit re-convened this morning at .10 o'clock with Judge Prltchard presiding and District Judges .Brawley. and Purnell sitting. Two cases were arguedand suibmltted to-day, as follows: . '..::''; No. 741 The United States of Amerlcav plaintiff In error, vs., Daniel 3," Rimer et al., defendants In errorj In error to the Circuit Court at Char lotte, arged by A.- L. Coble, assistant United State's attorney," of Statesvllle, N, C.,' fof plaintiff In error and sub mitted on briefs by Tillett & Guthrie,' of Charlotte, for the; defendants in error. (.".' , ' . v , No. 744 The United Slates, plain tiff In error, against Alonio Robin son, James A. Breedlove and J. W. Robinson, defendants lnserror, tln er ror's to' the District Court- at Ashe ville, argued by A. L. Coble, assistant United States 1 district , attorney, . i of statesvllle, for the plaintiff in error, no counsel appearing for the defend ants In error. . Ex-Judge A L. Coble, ; assistant United States attorney for the west ern district of North Carolina, was admitted to practice in this court. Bessemer City Col Urn Mill ATaso on . Trlul. . special to The Olwervcr,' ' " 1 Ahvllle, Nov. 8.Itt' United States Circuit Court this afternoon Judge Boyd heard ths case "of Oris K. Eldfedge versus the Beenier City Cotton Mill nd John A, Kmlth., The hearing was not con cluded. It Is a case Involving about 85.000, Judge Boyd Is not hearing the case , on Its merits but Imply as to whether or not the defondants were served in New . York with no tice of Judgment V They , contend tht. they isia.not have.. thi. required srvk'. Mr. Kmith was on the sUnd C;l afternoon. - . , iNiiVr YOKiC MKS ACTIVE TO DEMANDS OF DEPOSITORS. Declare That Suggestions Made by Wetern Sources That They are Not Sleeting Legitimate Demands lor . Currency are Entirely. Unfounded Taking jvery. Practicable Measure '; to Ala Western and souuhern Banks Special Favor is Shown Country ..- Banai When Tliere Is No Clearing . Honse Cotton Movement Checked by Inability of Southern Banks to handle Immense Business Thrust Upon Them. ': New York, , Nov.,. 8. The leading New - York banks were eicertlng them selves actively to-day , to' meet . the demands of their country- correspon dents and depositors for currency. They declare that the suggestions maoe 4from several Western , sources thif they are not meeting legitimate demands for currency from the West are, entirely unfounded and that they are on the contrary, taking every prac ticable. measure , to aid the Western and Southern banks, w One of these large banks, , wlth several ; thousand correspondents, , has depleted its re serve by, about a quarter during the last few; Weeks to supply currency where It IS most needed and has made large ' shipments to ; banks tin- San Antonio, Galvet0n, Memphis, Mobile and Atlanta j and other 5 southern pOmti'-V''!-fa'''.'';J'-'v':" I ;'' y-'i ' "RESERVE MUST BE RETAINED. 'The best possible Judgment is used In meeting these country, demands for currency. It. is not "usual,, except in special cases, to ship all that is asked, but a portion of what ts asked ranging around' one half, is usually shlppJTt. the proportion varying , according to the cash strength of the bank calling for additional currency or the supply demanded Jtor , legitimate , purposes. Special favor is shown, to the small Interior banks where there is no clear ing house, because It is realised thai they, are not in a position to, count upon co-operation and the use: of clearing house , certificate.' It is ad mitted that the cotton movement Is seriously checked by the lack of small bills and sliver, to pay the amall grow ers and by the inability of the South ern banks to-handle the Immense yol um of . business accumulating at Southern points. The grain shipments are In better shape, owing to the gold secured by the , banks of Minneapolis and' St J Paul, and arrangements for paying cas in New York on : grain bills. ; The New York banks feel bound to retain a certain proportion of i reserve to guard" against possible contingency;' because they fulfll In substance' the j function which Is ful filled In London by the Bank of Eng land and In Paris by the Bank , of France as the ultimate resource In emergency. ' i(,v,.; ; ; . ,; BANKS 1 RENDERING AID. ' The' aid "Which Is being rendered" to the situation Is indicated .by the fact fhat . thn ,-tntial hfumnti of JTOlJ have, now reached 848,260,000. Of t".io tinniint entfju-pd the- sum of 821.- , 112,861,160,,. which' was lalj . down from the Lusltania this morning. This gold will afford the .oasis -or, nearly 8200,000,000, in .loans and will ma terially assist the Nev .j York banks In their efforts to, meet the pressure for currency tnrougnojii ine country. , The fact that practically 880,000,000 in currency disappeared from the New Vnrir hnnlc within a week, as Indi cated by the last bank statement. Is considered sumcieni evidence inn av New York banks are doing their best to meet the great demands upon them. It Is not possible to determine what proportion of this 880.000,000 went West end what proportion went Into hoards In. New York. Of the measures which had been a subject of some consultation between Secretary Cortelyou. and leading bank ers here, has been the sale of a block of Panama construction bonds, but it Is somewhat doubtful if the offer of the bonds to the public could be made before the acuteness of '" the pressure for currency has been con siderably dulled. , yj- ; Texas Bank ClosesDoors, ' Houston, Tex.,, Nov. 8. Vineyard. Walker, (A Co.( private bank ers ' doing business at Eagle Lake, closed their doors this afternoon and filed .' voluntary , petition In bank ruptcy in the Federal Court in Houston.- ' - -r ; - ' .There Is no estimate of the deposits or other. liabilities, but a schedule Is to be filed, " ' ' ACTOR SHOOTS ANOTHER,"' Francis Marlon, or King Stock Corn pan yf Victim of Accident Doctors JPrononnce Case Hopeless. Special to The Observer. - Wilmington, Nov. 8,--4F,rancJs Marlon, 28 years old, property man with the King Stock Company, play ing an engagment at the Academy of Musro here, was accidentally shot and probably fatally Injured this morning by David Laboy, another member of th . company -who had. Just arrived from Philadelphia In the room of the two men. at a boardlnr house on Market street. . Both men were up dressing, Martofi being at a washstand and Laboy at dresser where he picked up a pistol and was examining - it, not knowing that It was loaded. The Duwet enter ed the back and - passed ; entirely through the ' stomach of : Marlon, puncturing. the .Intestines In several places and lodging Just under the skin of the abdomen. He was carried to the hospital and the ball removed, but his physicians' say that he csn't recover. Hla relatives at eehna,? Ala., have been telegraphed for. Laboy wil lingly put hhnself In ths custody of the police to await action by the corners Jury in case the young man should '": ' ' : ' ' '"" . TO lIAVJ5PE?r SHOPS. Leading Employing Printers of Knox ville Refuse to Accwle to Union's Demands and Strike May Result ( Ppeclal to The Observer. Knoxvllle, Tenn., Nov. 8. At a con ference held this afternoon, the em ployers of tha leading printing estab lishments of this city, decided to nave open shops on and after Monday. This came as the result of the demands of the printers for an eight-hour day and an advance in ths scale. . Something like fifty men may be affecTcd and as fine of the printing establishments operates a linotype machine In The Journal and Tribune composing room that paper may. W affected. " It Is probable that another conference may be caHfd before Monday and a rep-rat-t4tive of the1 union" printer j win reach this city Saturday. . . TRIAL DEUCE MYSTEliY OX MOU STORMS POLICE COUR1 Hundreds Turned Away When Case of Long Standing is Called Dates . Mark to 1893 Cltargcg Incidental to Druee Claim to Estates of Duke of Portland Interest , Heightened by Alleged Theft of Miss Robinson's uiary sew , lorn i an v rt-aica Buza of Excitement When He De ,: rlares on Witness Stand That ; He -Arranged Death and Mock Fnneral of t'Druce" Income prom EsUte v la $1,500,000 a Year. . London, Nov. 8. Hundreds of peo ple vainly"; fought for admittance to the ,Maryebone police court t to-day when s the : hearing -r of : the famous Druce mystery ; case was ,, resumed, Herbert Druce. sonof the late Thom as ; Charles Druce, ' is s. charged ; with perjury by. his nephew," George "Hol Jamby Druce. The charge Is Inci dental to the' Druce claim to the es tate of the Duk of Portland, and dates back tO: 1888. At every step the case has been vigorously contested by the present Duke of Portland. In brief this , remarkable . case ) centres about the old Question whether Thorn- as Charles Druce, at on time the owner of th famous . Baker street bataar, who was said to have died 41 years ago, was or was not the same person as the. eccentric fifth Duke 01 Portland, who died in 1878. 4. r Interest in the - proceedings to-day was heightened by tha alleged theft since the previous session of the diary of Miss Robinson, the daughter of a Southern tobacco planter, who was employed as an amanuensis in the Baker street basaar and who says sne frequently went to Welbeck Abey, the Portland seat where she saw the late T, C. Druce, father of the late George i uv.17, niiy lit iui wm , .. . . George Hollamby Druce, ; the claim ant to (he -estates as the Duke of Portland, whose "identity witn x,'; u. Druce - she claimed to be Able to es tablish. !' . -. - r . HAD TREATED DUKE. ' Robert Caldwell, of Richmond, Stat en Island, N.Y testified that he knew the late Duke of Portland both as the Duke and as T.-C Druce, at Welbeck Abbey and at the Baker street bazaar. Mr. Caldwell added that he treated the Duke at both places tor a disease of the nose. There was a.buzs of excitement, when j Mr, Caldwell ' swore that ; ; In v connsctlon with the Duke he'arranged the death and mock funeral of "Druce" so that his dual personality could finally be burled. ; v" The witness further testified .that he saw the Duke on the morning of the "funeral" at the Baker, street bazaar. h ' A day or two ' later he asked the Duke of Portland if the so-called "Druce" had left a will. The Duke thanked Caldwell for reminding him of such an important' point and said he mart have one made.' , ; iCrpes-exanilned by "Mr.- Avory, Cald- wea.admIttea.A h had .been, flesennea arvthe great s American affidavit maker," but h added that It was not Justified.' -i" ".'.'...?-..', s ii',...: secret passage found. ! One' of the strahtest features of the case Is that about , the - middle Vof June, 1808, workmen who were tear ing down.Harcourt House on Caven dish Square, London, previously one ot the residences of the Dukes of Portland, discovered an underground passage leading from the house ,' to the Baker street structure, In, which the famous baxaar had previously been and which was conducted by Thomas Charles Druce. The claim ant declares that the Duke, while liv ing his double life, used the under ground passage referred to 1 for the purpose of getting from Harcourt House to the plica of business of "Druce." , . - A Mrs. Margaret Hamilton has tes tified that she knew the fifth Duks both as Mr. Druce and as the Duke of Portland and that she was aware of the fact that he had married Elis abeth Crlckmer, the grandmother of the present claimant, The original action-In the case was brought to eject Lord Howard de Walden from the London property, which ht father Inherited from , the fifth Duke of Portland through ; the supposed failure of the direct line. The Income from the Duke of Port land's estetes Is estimated at, not leas than 81,600.000 a Jrear. . . . HTSBAXD KILLS WIFE.' . Child Firwln Mother Dead In Kitchen With , Head Almost Severed From Body Found Another r Man With JWrlf e Slaver Disappear. - ;"'" . Houston, Tex., Nov. 8. The eight-year-old daughter of Matthew W. An derson, a railroad clerk, early to-day found the dead body of her mother in the kitchen of their home in Houston Heights, her head almost completely severad from the . body, the woman having met death at the hand of her husband.. -. ' ';t- .'i ji''.;,'' An unsigned note from the hus band declares that returning home at an earlier hour than usual to-day, h found another man in his home and this being the second such occurrence, "I felt obliged to wreak vengeance on my only loVe." ' ' .Anderson has disappeared. 1 ,' TJnfaTorablo to Carrying State Cases V Into federal. Court """New Orleans.' Nort - 8. A decision unfavorable to th carrying of Statu cases into Federal courts by large cor porations was handed down to-day by United States Circuit Judge Saunders. He decided against the Cumberland Telephone Company, which had ap plied for an Injunction against the State railroad commission to restrain the commission from fixing certain rates oh cable tolls across the Missis sippi river. - JuJge Saunders decided that the Federal courts had no Juris diction over this rate. . . . .-. Earnings Increase Under Two-Ceut Atlanta, Ga.. Nov. 8. An increase of 17 8-1 -per cent, in passenger earnings for the month of September over the corresponding period year ago is shown by. the statement ot the Atlanta v V "West 1 Folnt Railroad, Issued to-day. This Is one of the two . roads in Georgia -under v class "A" of the State railroad commis sion. Roads under this classification are confined to a flat rate of two cents a mile for passenger fares. The Increase in passenger earnings has been under, this rate., Atlanta Calls Off Strike, Jv' Atlanta, jtja Nov. S.-At a meet-, Ing of the members of the telegra pherV union in this city to-day, at which "all 'the' leaders were vr,"nt, It was voted to call off the &;rl!io. coluiieia uasks-i:; ISSUE CEHT1I ICATEy T Beginning This 3ioniiiv; (: . itou.se CertiUtrates Will Bo 1 i Columbia Bank Act Ion Tukt 1 ; Request of Leading Banker 1 ; . ty -of Money In City InstltiH; , -: Rut Interior Banks Need Currern y 4150 - In IIIgb-ClaM Seciui; Held For Every $100 Worth of Ci r- Uflcates Superintendent . Wlns it ; Incurs Displeasure of Tinners' I'n ., ion, But (eapes With an Apology. , . Observer Bureau, " . " .1422 Main .' Street 1 Columbia S. C.,,Nov. 8. Responsive to the request of, lead ing bankers as indicated In their res olution and to help relieve the cur- , rency congestion, the banks of the CHy of Columbia will to-morrow ts sue clearing house certificates, Ths banks of Columbia have ample c&ah on hand for their own uses and in fact there 'is more cash here - than ; usual, but the interior banks want -currency badly and the farmers and ' merchants want currency to keep things moving. '' i The five ; banks la s Columbia, ; through iheir clearing house, will to morrow issue 8240,000 in brand-new crisp certtflcates that will have the backing of all five of the banks ' of , ColMmbfa, at well; as being endorsed htf . Mil : lllfl 1 k.tf tlml. ttA . fa..''-.". value by approved ' high-class bonds held by the trustees. -' , . For everv hundred dollars worth i of certificates Issued the trustees hold -160, In high-class securities, and in addition it . Is endorsed by each and 1 all .'of the five banks of Columbia, with more than a ddition .dollars In capital. . , ' , " . - - The five ' banks here Issuing , the certificates are the National Loan and v Exchange Bank, the Carolina. Na tional Bank, the Palmetto National Bank, the State Bank, the -Bank of Columbls and the Columbia Savings Bank and Trust Company, The presidents, of these banks are v the trustees, -who have the securities, backing the certificates, and who, tn addition. ; have 1 checked up all he certificates and seen that they 'wers properly countersigned. The "most careful attention has been given to every detail of the Issue and they have been checrked and re-cheeked. The new certificates are lithograph ed and I printed In-different colors. ' They are In 850, 820, 810, $3, 82ni 81 denominations. , , BOWS TO TINNERS' UNION. ' ' 4 flnnrlttndent . "Wlnaett .". In rharre of. the- three-story building going up s on Main street for the United Synod Fuonsning company, nas roeen nav Ing ; trouble with the tinners' union all week because ' of the horrible crime he committed In ordering cor -nlces from Cincinnati Instead of al-v lowing the local gougers a chance at the pie. " '::' ' The union held a growling contest In pinners', halt Monday evening . and the war ' louds uhave been gathering until to-day, when peace' was brought , about 'by Mr, ' Wlnsett's agreeing to . yli out. an apology through the lo 1 papers and the union's oftVlal or- :-, Ian at Kansas City, Mo., and pay fine of 8260. the amount the Columy bla tinners, would have got out of the -contract. " tA)'-iir v:-;,,J";"; r;t:V!' ",-,;', ' Following a the humble f pok)gy , handed out by Mr. Winsett for pub lication: . ; - ' "This Is to certify that the placing ;; nf th. .iriir with fho ir.dwa.rda iMan- ' utacturlng Company, of Cincinnati O., for the metal cornice for - the United Synod Publishing Company nulllino- nmtA nn M.ln street. In Columbia, 8. C, was not done to an tagonise organised labor, out 1 was . under the Impression after visiting -f ha ihnni in Pol umih la that they were not prepared to make what '. 'was wanted, put since mat iime uoy have satisfied me that I was honestly mtaf air An in thla matter and in ' the future I will endeavor to patronise union snops, (Signed) "W. J. WINSETT, Superintendent"' . i PASSENGER TRAIN DITCHED. ' ipn.rrfi train No- 10. due here shortly after midnight from Ashevilla ,.. and Spartanburg. came to grist v at 12:45 this morning near Union, when the engine and tender Jumped -? the trarW n.i fntir coaches were derail- id, though none were . overturned.; Nobody was hurt but the track was badly torn up ana tramo was inter rupted, until 2:80 this afternoon. - The Sonth AV Western Railroad of ficials were here to-day nd were given an automobile tour ot the In dustrial and residential sections ' ot -h it. hut thev, said nothlna even . to those with whom they rod as to what their plans for tne ruiure were: Among the visitors - were Messrs. vrtoii titop. Carter , and ' CanelL . Those who showed them the-7 town were Commissioner watson, secretary Moorman.-ot the Columbia Chamber . Dr. . Earle , Booser. Messrs. J. J. Selbels, T. C Williams and William m. i.yif. Governor Ansel to-dy wrote to e. vv n nnrrlnirer. at , Flor- , ence. of the proposed South Carolina . inaUSl.MH oviivy if v - him to call a meeting of the board -, t.n.)Mi n lin helfl tn.thla citv.on the Ilt tf th purpose of havln , the board' formulate a report ana make recommendations to the com- ;. ig session of the Legislature. - Thn U4t legislature left thla !n?tl- tiltlon .np tn th slr.,, so to enewk. by refuslns; to mnVa any approprln t inn for th establishments of the proposed school. ' . Ask Governor to Adopt Alabama Rata' ..... iwms. - , Macon, Ga, Nov. 8. Forty of th leading business firms of this city to day petitioned . Governor Smith to adopt the Alabama rate basis, which Is' higher than the Georgia rate, m the basis for an adjustment, of the differences, with-the rsllroads In thla 8tate. The great majority of the pe titioners voted.for Governor Smith and they say they are in sympathy with him, but "we deem It of the ut most Importance at thla time to al lay unfavorable criticism of corpora tions In so far as it may b dona without Injury to the public good." -Negro "RapW Dl.-s on Soar M. . Jacksonville. Fla.i Nov. 8. D Mack, a negro who criminally i eaulted a youn& ..white sf!rl la t outskirts of the city about a j r n was hanged In tho cmnty Jul t"- Mack made a leng'hv t ' his Innocence and pi v i (r li s ut?H. He left a n)i u t"- i eUrlnsr thut be . 'V I ', ' thst i'-y tj -. . ... ... 1" :n t - .r t " .
The Charlotte Observer (Charlotte, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Nov. 9, 1907, edition 1
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