Newspapers / The Charlotte Observer (Charlotte, … / Jan. 3, 1908, edition 1 / Page 1
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: v ,v V - . ' . . yv tr - if W - ." ; a: 1 - J. . ., . SUBSCRIPTION PRICE : 8.0p-A YEAR. CIUBLOTTE, K. O.r FRIDAY MORNING.-AUARY 3,1008. -tju'c;: i -A,- TWO RECE COURT RECOGNIZES BOTH FACTIONS ARFIEIJ AND WILLIAMS NAMED .Judge Frltchard Grants Prayer For RcccJverslilp For dhoKoaboard Air Line System end Appoint S. Davie Warllelil irtill II. UmasliT Wll lianiM to Take Immediate?. Posses sion f I lie Railroad Tlic4Je cetvcTs (ilvoii Vnliinltcd Power to It o a Vuytn Basis ...d .. Warring. Factions ImlicJDirettoratc1 Are Jtrcognilased in tle Court , Dei rc 1'jm Ii ltwlvfr .I'M In'' . a iVfiil of $."0.0(Ml Tle Iteccivers !ftiiw'rtwid'-.l Iy- Rentals and Inlcros-l on . Uond-i, Kmploy andi yi'ip-MMnt .kv-iiui v . bloye and to- Purchase Needed! Pi-liargo Aseuut and CMher Km- Ikiuliincut When Neeetwary Tlio Williams Interests Very Well Satis lied Willi the. ReeeUerMliip, Which. They Dcelajrr. Will Kcsult in Good to All Coin-crncd Outline of tlioj Text of Jmljfe IVIteliard's Decroe. Richmond. Va... Jan. 2 Judge Tritchard, Ju-.le of the United States Circuit 'ourt, antered a decree to lay naming S. Pavies AVartleld, of Baltimore, and 11. Lancaster"'- Wil liams, of tlchmond, as receivers to take imniedlate (posseslslon . of the jroperty. of (trri Seaboard Air Line Railroad. .The bond of each was fixed at $50,000. , ----- By the decTfte the receivers are empowered to borrow money if need ful to pay such rental as may become due, pUr.chase cars, etc., and pay for labor and supplies but not for any other purpose without an order 'of ' the court having primary Jurisdiction. They are orJered to pay forthwith , all Installments and 'Merest that was . due and payable January 1, 1908, notes .or. trust equipment certificates a ltd all coupons and interest matur , 4ng January 1; 190S,,on the first mort-1 -Rage" bonds of "the Seaboard AiV Line ' and embraced -roads such as Uim Ral- lgH'and Gaston, Raleigh and Augusta -Air Line, the" Georgia Carolina and the consolidated .mortgage, bonds of the Carolina Central.' , ' . TEXT p F TEE' PECK EE. The language of the decree regard ing payment of interest in that the recch'ers "are hereby ordered to. pay forthwith' .all Installments 'and' Inter est'that was payable January 1, 1908, or oil any'eiiuiHiient notes or equip jnent-trust cerflllcates of the Sea- iboard Air Line, or of all its subsidiary . companies; and all coupons aniWin terest maturing, or that matureiftwn- uary 1. 190S, on ih,e first mortgage ttonds of the SeaboardAIr- Line Com pany, the Raleigh & Gaslo'n Railroad, the Raleigh & Augusta Air Line, the "Georgia, Carolina & Northern Rail road antl the Florida Central & Pen insula Company; and of theflrst con- . -illdated mortgage boivls of the Car olina Central Itallftjad .and of "the Oeorgia,. & Alabairia' and of the Flor ida Central & Peninsula Railroad Company" "and nho .Irsf mortgage bonls of fhe Florida 'cfft Shore Railway, and" the -first mortgage land ' erant extension, bonds of the Florida Central & Peninsula Company." The receivers are directed to" . iborrov money to make such payments. The .' receivers ateo are dinected to take ' Immediate 'possession of "all and eln- KUlar the pron-tty of the corporation In all Stately- an d to continue the Operation of the -railroad system' and to run and operate the said railroads and such other p'roperty as is held by thecorporatlon.-and !n Such manner as will in" therr judgment produce the best results und to exercise the au thority and 'franchises of "the eom-'- plalnant, and tc,conduct eystematical ly the' business occupation; of a com mon carries of passengers and freight." They also ar ordered to direct and protest thfe" railway prop erty, .as it hali formerly been con trolled so that It may be advantage usly used and developed. ' f GIVEN' UNLIMITED' POWER. . 1 ' "They are enapowered to employ and discharge and moreover ..to fix the compensation of nuch employes, poun eel, lawyers, superintendents, agents, etc., s are needed to assist them In the discharge of their Aties. Jn re ply, to Inquiries by a Cp'resentative of the Associated Press, John L. Wiil liams & Sons, one )f the partners of which firm, IL L. Willia'tn;?, was made one of the receivers, expressed them- Fclves as veijj- well satlsned with the Jiresent situation, which they believe i 1J1 quickly lead to aM-omplete re organization of the "managernent and readjustment of,the finances ' of the roaJ ahd,-s? enable .the property to resume Us position in the upbuilding "jof the Souih. They view the present arrangements as a-union of all the Interests In the system, Jh which here tofore there have been strong Antag onisms, and the (freiimlnary step to ward harmonious action for develop ment and Oie earning of profits. . The title of the case in which 4heTei decree Is entered Is: ."Seaboard Ajr IJn Hallway, complainant, ,. against the Continental Trust Company.- as trwtee unier the Sistrmortgase made Seaboard Air Line Railway, de fendant. .t ' . . ' FINANCIAL Sif ATJiA EXT. - ThB bill fUed 'ln"'4he RHglye tabulated finanlal v:tfiten)''nt flf th ' Pfaboard- erjjlnits and. tnafgfs- fir the three Ltjit fiscal ' yckj'n Including l'.i water-lines and'oot including the Atlanta & Birroihgham rlr Line Rail way, the Tallahassee, ferry & South eastern Railway, . the Florida West Shore Railway and the Plant City, Arcadia & Gulf Railway, and adds: "It thus appears that while the In crease in gross earnings from-operation or" the year ending. June 30, 1SK. over the preceding year, was $1,598,071, the increase for the same period in .--operating expenses and taxes was $1.505,83l.S5, and while the increase in- gross earnings from onerntUnsfor the Tear endinar June 30 1307, over the ..osecedlng year was $1,404.1(2 83 the Increase In operat ing expenses and taxes '.was $2,514, 559.93. or more than $1,100,000 in ex cess of the Increase In earnings." -. UILLI.UPUOPIIET, roPIU,,r president ofMhe Seaboard Air Line Gives, Out a Statement, lit Which He Declare. Hint It Is 'Must as I Predicted" 111.4 Confidence In. the Outcome I'n.-diakeii. Richmond,Va .', Jan. 2. Mr. John Skelton Williams, former president of the Seaboard Air xariR, -aid to-nigiu to "a representative of The Associated Press : "---- "In no spirit of boasting, but as evi dence for those who are Interested in Seaboard , securitlas that my opinion on the affairs of that system are well founded, I ask attention to the fact that my predictions or tJje course or the property and . the rsults et Us J tinancial and operatinffnanagement in recent years have been fulnilea ex actly. , "The passing of the Seaboard ' Ar f Lino systeni fro,m the control of Mctisrs. Ryan, Ulair ind Coolidge Into the hands of otllcers of the court is not an event which should cause stockholders alarm or discourage ment. This Is not a case where the unexpected .has happened, but the present situation Is the logical result of forces which have been at worK during the past' four years. It -la ho"ped that all interests may now unite ton -some plan- and platform which . may look to the speedy re lutbilitatlon of the System and the carrying out of some scheme which will produce the most satisfactory re sults to all security holders of every class and without unjust discrimina tion. Business like "policies makes strange bedfellows. Probably I shall be required to' work fur the restora tion of the Seaboard with men of whom I have said very harsh things publicly and. who have injured me dimply.' The interests of my fellow stockholders . and oi! ' the Seaboard property and 4-he Southern country in which- It is such a Vitally important factor outweigh with me any personal KX'svances 4 may have. I expect to put thrtse grievances aside, at least until this work is doa. So -long as the Ryan-Blair Interests may give evi dence of honest purpose to build up the property and protect and pro mote the Interests of the stockholders they will have from me hearty co operation. . I can work 'with these men to a good end ftj a good cause quite as hard as I foTTKhttrtera while I believed they wer-e doing wrong or following unwise policies. "My conrtdenceiln the possibilities of the system, .under proper manage ment, is unshaken Fpr . the" calen dar year 1907 theSeaboard Air Line Railway and itsJillIUted lines earned approximately lip.OOO.OOO. . On 'this basis of earainMtover $6,000 per mile the system ougiltVto .be operated at n expense ratio'i o approximately 70 per cent, or 'ls. On this basispneM earnings ror ne oast year wouia nave been $5,70000, or nearly $2,000,000 in excess yv fixed charges. With, the return pfyformal business conditions and the tremendous development whit'h. has been going on vigorously for' the past 10 years in the entire territory traversed y the SeaboaTd 'ir Line system, the arrest of which development can jnly be temporary, I believe that results still more fa vorable than thse may be confldently expected. " "I hope and believe it will be' the policy of the receivers to maka the Seaboard deserve ihe good will and confidents of the public' with which it will do business and result In fair treatment from government and State authorities." . IiONDHOLpi:ns WILL BENEFIT., Baltimore Rankers Declare There Is No Ground For Nervnsn. Sketch ofthe Men Who Have Been Appointed Receivers, Baltimore, Jan. 2. R. Lancaster imams ana H. uavies v arneia, 'Hohut Q were appointed receivers of the Sajln. it!" uiiuru jir liiic lu-uay Hrtj oanKera of this city, Mr. Williams being a member of the banking house" of Mid- dendorf, Williams & Co,, .and .Mr. Wartield is president of the Conti nental Trust Company. --Mr.- Warfield. who Is a director of the Seaboard, was chosen to represent the malorlty Interests in the property, while . Mr.' Wijllams will look after the affairs., of a . considerable minority led by his brother, John Skelton Williams, of Richmond. . " - The receivership for the S. A. L. will have a' far-reaching effect 'tn Baltimore, where the securities of the company are . more largely dealt in and held than In any otherv trading centre. The bond issues placed, on the property since It has been mysed into one System' aggregate $33,TjP5,000, of which amount it is estimated near ly $25,000,000 is held here. Baltimore bankers declare that tlfere Is no ne cessity for nervousne?a on the parti of the bondholder over the receiv ership action.' If, they will take the announcement' coolly and quietly await developments It Is declared, U will be much more to their ultimate advantage than to rush Into the mar ket now to sell.. Persons close In the inside of the property are outspoken in the opinion that the security holders, -both stocks and bonds, will benefit. They say no holders of any of the underlying bond need have any fear of default at any time In the interest. , One of the ass?ts of the Seaboard Is the Baltimore Steam Packet Com pany, better known as the OM Bay Line. The operations .f- this line. It U e.tid. will not be affected hv th - eivershit: - An effort Is bring made by local bondholders Independent of the Wil liam Interests to secure representn tion In the receivership and they. 'are urging ,Gll'(avu., Ober, a banker ' of Baltimore, as a third receiver." Attor ney "Edwin G. Baetr; counsel for rommltf-e'of local brm.lhtfldcrs wetrt ito RichTnond to pre the court to ap point .Mr. OYr to ml with Messrs. Warfield and WiU'anis. , ' - ;- Neither of th reenters I In Baltl-. " fCrnuiiusd .on Pge- Three). .ters ambassadors r whit not aouearilni TIME EXTENSION "(iRA ISTED .MIL -VAItXEn s VISIT FRUrriTU Thn Order Tsttneil lteeemlMr 4 th bv the .-Post master ' General AfTwllntc 1'housaiidM of Newspapers Will Xt Go Into Fffo't I'ntil lite 1st of Aril, ji.stead of January : it Hiird As tiMunt IVstmaster General .Issues an Order to This EfTevt He Is In vited by President Vnrner and Will Deliver an Address Itefore tlie Xet Meeting of the National Kdl orlal Association WuKliingloii is a Great! City to Visit .Mjii SKlal tunc lions. . . - i . ' EX-!. E. C. I1HVAXT. . Observer Rureau, .',"' Congress Hall Hotel, Washington, Jan. 2. . rresinent II. "B. Yarner, of he Na tional Editorial Association, to-day saw the Postofflce DepartmClsjt people about the recent order passed con cerning newspaper subscriptions. The following order has been issued to the postmasters of the country by Third Assistant Postmaster. General A. L. Lawsle: "Your attention ls invited to the amendments to the postal, laws and regulations appearing, as order. No. 907 printed on yellow paper dated De cember 4. 19,07,- pf the Postmaster General In the December supplement to the ollicial postal guide. "With respect to the rules in amend ed Section. 436. governing expired sub scriptions, you are informed that not withstanding January 1, 1908, ls tne date- the same becomes effective, it la the desire and .purpose of tne de partment to give to every publisher, a reasonable, opportunity to adjust nis business to the new conditions. Pub lishers whb show good faith and that they are making progress slould, in fairness, have such opportunity. The numose of the new regulations is to .correct real; abuse and not. to put In? to the hands of postmasters instru ments with which to annoy and vex publishers whose practices are nor mal. "Therefore, you need not question expired subscriptions as defined by section 436 prior to April 1, 1908, ex cept in eases which In your opinion, based upon evidence In your posses sion, constitute-flagrant, abuses in that regard and should, therefore, be speedily eliminated. The facts in such cases will be referred to the Third Assistant Postmaster General for fur ther instructions. - " "You are riot to understand that amended Section 436 Is not to be uni formly applied, uniformity or appli cation is the end .'sought, but the de partment does not wish to be flooded with minor complaints while endeav oring to deal with the greater anuses. Publishers se expected .. to -compi with amended Section 436 within a reasonable time." . ' r. MR. VARNER PLEASED. wWn en tb-nieht Mr. Varner aM- "No leeitlmate publisher need be uneasy, as I feel sure th,at the Postmaster' General- Will not Issue any nr.ior nr enforcB anv former-- rules that will do any injustice to legitimate publishers of the country. . W interview with -these gentle- M.n tn.Aav has been very pleasant ..iiofoVtnrir T' extended an lnvl aim ra.tciBvi...... - - - tn thA Third Assistant' Pw master General. Mr. A. L. Lawshe, to deliver, an' address before the -next convention 'of the ationar r-""""-' Association, which meets-In St. Paul, "I expect to call a meeting of, th executive committee or .tne naLiu.m. tn moot here about the 27th of this month to fix the time of the next convention anj-prpare tne programme.". ' . I WASHINGTON A GREAT CITY-. The average citizen . does ' not ap preciate Washington as he should do. The civil war had something todo. with breaking the -South away, but after one lives here a while. he wishes that everybody could realize the great ness of the capltol of the,nMon- Summer, while talking with a ouf country womari, of Mecklenburg county, after she had returned from a visit to Washington, I asked . her what. she thought of the pla.ee "Why" she said. "I never realized at it means to De an ahi ivi.. I had been in w asnmgion i days and seen me great umiu , monuments ta our great men ,., .u;A-a . T am nroili'l mi.Tiitner tmnu 4 L... Mitntrv. iVhy I don't Deiieve mere io ai.j building . In the woia tn ,i h r.thrarv of Congress, ana ust to think that l nave an That U the sort of feeling that It sives one to roam anoui nasnwniu, . The very fact that. the law falls on all alike here b sufficient to Impress one with the greatness or nis country, i man or woman who behaves nere.wiil be protected, while the person who of fends, whether, of high or low degree. When one reads in the papers, of the rulers of other countries and the danger that they are In every day of being blown to pieces uy uumus then realizes that the President of the United States can go to Virginia or anywhere else In this- broad land without fear-of molestation he feels proud that he is an American. SOCIAL FUNCTIONS GALORE. There -were man? social functions here Wednesday. Vice President and Mrs. Charles Fairbanks received. Mrs. Lee S. Overman, tje charming wife of the Junior .Senator, from North Carolina, was- aslieJ to assist Mrs. Fairbanks in receiving, but owing to th fact that she lost her mother some time ago )H. Overman is not going out, and ha u decline. Nothing has been eriid of- the punch served at the Fairbanks home but the general impression Is that buttermilk cocktails were the strongest offered. The- naughty forward caterer, who furnished the pnes that caused so much trouble out In Inldiana, has been dismissed j1 Uncle Joe Cannon's two daughters. Miss Cannon atid Mrs. Lp Seure, re ceived. Thev were assisted by the wives and daughters' of a pumber of Congressmen. '. The Kilk hat fellow was On parade? New Year's Day. ' H tad on his best clothes nn.l hl most becoming smile. Wasnlngton kept open house. I' saw more than three hundred silk hats come out of one -hotel. There ire- to be a tiumbr if so cial function here thia winter, among them three or four nite .House re ceptions. Tne most popular or at tractive one is. the diplomatic rerep tton. when the repre.-entatlves o( the foreign . countries her wlli .be out. People like, to se big folks and fine tois from other lands. The wemen are likely- to: be on hand w-1-.f-h the wives and daughters of foreign-minis- BOV AND GRX.MOTHKII DIE. A Stab by. His Cousin -Kills the For mer and I"rls!it Cans the Death . of the Latter. Sf-eclal to Th Obsener. Fayett'evllle. Jam 2. To-day five miles west of Fax.etteville an unusual homicide took place. Ollle Slanuel, andvhls cousin. Lush Manuel, were playing near the home of their grand mother. M6u'rln'g Manuel, when Ollle stabbed Lush 'ih' the heart with knife. The , wounded boy, who is 8 years old, ran' i-nAo the house and, on telling his grandmother what had oc curred, fell dead. Hts grandmother, on realizing what had happened, alsp fell in a faint and died three hours later. Dr. McGoiighan, the coroner, was notified and" empaneled . a Jury whose verdict is 'that Lush Manuel came to his death by a knife wound In the heart Inflicted by his 8-year-oWuusln,,011ie' Manuel, and the old lady's death was caused by, Iritfht, No arrest was made, but the boy was placed in charge of-an un.'Me, -who isH responsible for hlnvv;pendlng future developments. ' ' ' , ' ' "FAIUS" NEW'SPAPKItS YELIXJW. Give Space to the -A merles n-Japunec . "War Scared and I'rlnt lurinis: Jteports. " Paris, Jan. I.-r-Somo ' of ttfe Paris newspapers, notably The Matin, which. have been giving considerable--promt ence to the A-tnerlcan-Japanese "war scare," have nkek fhe cabled reports or Japan a refusal to atirfpt the Amer lean conditions' in the matter of im migration, -together 'with the decision of the Navy Department to keep the torpeuo boat flotilla and' the battle rhlps together for. the remainder of the cruise to the Pacific, andjnade of them-,, a subject for fresh alarm. The-' Matin regards the coincidence of these two.facis as highly significant,! and ex-presses the opinion that Ja pan Intends to press for a diplomatic settlement of the question before the tleet reaches- the west coast. This paper asserts also that tho present sit' uatioV) is alm3.4t- anilgous tov that which existed before the Russo-Jap anese war. , : - .1 M-lHKHiprs Collide .and One . (Joes Down to Ritvy Jones'; Locker. Newport News, Va Jan. 2. The Schooner Elizabeth: Palmer arrived in Hampton Roads to-day1 rrom Bos ton and Captain Smith -reports that on Saturday night oft Bariiegat. N. J., his vessel ran downthe three masted "schooner Estelle ThihneyT Captain Phinney and his crew were taken aboard the Palmer'and (brought here. The Phlnney tilled rapidly and sank. The Palmer was Iteht and is bound to Baltimore. - neescaped se rious damage. . ' The Phlnney was hacTed and was bound for Boston. .ThePMnney wus uuiu m new upnaon, .conn., in 1891, ana was 188 fet long, ss feet broad and lS.feet deeh. " Xtevenue Cutler Sendnolo Gets Oliver service ir CoiispU'iioim Wctvictv ..Wilmington, Jan.1 2 With, the Consent and approval of Hecretafyof the-Treasury Cortelyou and In recog nition, of invaPaable assistance ren dered the Brljlsh : steamer ' Shenpy Allison, of WesuHartlepool wjikjj. war suvea yf"D uie captain ana crew when the ship was' dangerously stranded lira fog on Capo Lookout shoals while bound with a cargo of timber from Pensacola to Mediter ranean ports, Lloyds Underwriter of the Royal Exchange, London, through Mr, . J?m)j!-iprunt, British vice consul at this port, to-day pre sented to the United States revenue cutter Seminole a very handsome and costly Wlver'servlfce suifably Inscribed to commemoratithe occasion. ' I " "HIP Dr. Nicholas Semi, WVll-Kiumii Sur geon, Dead at Chicago. Chicago, Jan. 2. Dr. Nlc Senn, one of the most widely known surgeons in th"Unlted States, died here to-day. - Dr. Senn was chief surgeon of the sixth army corps during the Upanlsh AnTerlcan war, ajid waschlf of the operating staff of the army In the field. He was the author 'of manv medical works, and was generally considered one of the foremost oper ating surgeons of-the country. Dur ing the last two years 111-health had debarred him from much active practice. . TTte malady Is thought to have been the result of the high altitudes of South A'merican mo'untains during a recent trip. , , i i 1 Official Report of Alalmina -Mine Pis aster Filed. Birmingham Abv., Jan. 2.- State Mine Inspe;-trs T. M. Gray, ' James Hillhouse arid Edward Flynn to-day tiled with Governor Comer a full rc- ,port of 'the explosion' which took nB,r In the. Ylande mines last months In whkn" 5 men lost their lives.. Chief Inspector (Gray' opin ion is that, a niimr allowed some dynamite to go off arid that this-ignited dust. The. assistant Inspectors ex press the opinion that there . wa a gas explosion ioiiowcu . uy a uusi ex plosion, . . " ' - : 1 " . , Attorney Geiierul Bonaparte ..Alum. , Washington.. S.-r-Attorney Gen eral Bonaparte, hn questioned to day a.tp the-.truth of the statement that suit wo.uld soon be, begun to d'.s- solve the relationship , between jXTntyt to. the . memorandum submitted Vnlon and Southern Pacific Railroads, known as the Harriman system, would only-s'ay that the matter was iridr consideration, but he was not -prepared to either affirm, or deny the report. .. New. Orleans Enterprise SI tow .No JXvrcaie In Dividends. New Orleans, 1m., Jan." 2. Dividend Mvments of abut $15,000,000 will T made in yew Orleans thl month; These payments snow no decrease un der the dividends paid a year ag', for although rtes have "been reduced in many cases, a argoi lnrrea-o ,in capital invested Irijftes -ri the .deficit which other ! therewuld be. 4- Texas Editor Killed IRIs V4fe,? Halletsvjfev' Tex., Jan 2-.ThU af ternoon b.4 he wA entering hi offli-e. W, R. ra-arn;tr, Sevr, of The Hal- etsvllle lletUI was hot and killed hy his wue. She wa arrested anl pla-ed under $2,00.6 ball. Domestic troubles are said-to be Uic cause of the KHI- CUiSBESCY QUESTION FIRST HAS KIGHt OF WW IS CO" GUESS ComnjitteysC of Both Houses Arie l-'n-KroKH'd Willi LeKi.--laJln Tliat'Will .Afford Relief to i lie Finaiiclul SU ntloif, Jliousrli tlie-Iloue- and Sen ate Are Not Working Along the SaniA Line llrtiiMn IXiniin tlcw la fWT -"V'-. v'.treau of the Navy Department. .Cap-. n.-wiwHuii-i.rv.-. "h ienaie ivmiiuttee is l-nsveii iiK Along Kxtrcinely V"1"4'"". i,iiifM he-naie Kill, wr1!! t onipi1 1 - ed. Will Probably IU' Offered by air. Aldrleh Democrats .W ill Not BKirilisbury to be chief of the Bureau of rtiuuiclal ijeglwlMtiou if tne rio0!.- cd .Measures Ant Reasonable. Washington, Jan.. 2. With tli dp - proach. of the re-convening of t'on-1 expeoieat ot comnussronins gress there Is renewed talk .of leg is- j officer ..as-chle"f of the bureau.-Cor-lation for the relief of thenanclal tain Tillsbury was born In foen Miss" December 15th. 1846, and will House cninjnlttee on banking and cur rency appointed to frame a phi to meet the present conditions Will rer suniij Ils sittings early next week. The Senate committee on finance also will take up the subject immediately af ter resumptio---of the sessions of the Senate, sd that if now looks-, ti-i lf! there might be something jjra rivalry betweep te two bodie. lis. to whlon will be able -to first report a bill. 'The Senate Committee has not so far for mally considered the subject, -but some, of Us members, notably. Sen ators Aldrleh, AllLson anj Hale have been working In harmony In the prep aratlonyf a bill which probably jvill be feay for presentation to the com mittee shortly. v .WORKING ON TWO "PLANS. The committees of the two. houses are not working on the .same linns. Both have plans for an emergency currency to be Issued by the national bank but while the 'House commit- iee is apparently Inclined to what knov u n Mirranov hu Sen- uta mmmltion U nr.mpedlnir on . the theory that only a very jimited list der. the terms'of the proposed bill. Some of the members of the Senate go further, So far there has been no agreement as to the percentage of lncrense in thn volume of currency, but the In clination of Senators seems to be to pV-rmlt as large an augmentation rs the conditions of the bank J may Jus tify. The intention Is to provide for a comparatively high rate of interest, some favoring as much ns per cent., with the object in view, Of securing the retirement of the increased cir culation as soon as conditions so Im prove that it Is not needed. It is pro posed to divide the country . into ois- trlcts for the purposes of administra tion with the sub-treawi'es as cen tres, so that the-'oflicials of the sub treivsurie ran pas upon the secur ities offered, and make allotments to the banks. . THE SENATE BILL. . When completed. th Semite bill "probabiy will 'be offered by Mr. Aid- rich. Tho.se who have the matter in haffd are hopeful of the acceptance of the bill by the. 'Senate and ultimate ly by the House. . ' V Senator naliey, ne .r .tne leaning Democratic piembens of toe Senate committee on finance, expressed the opinion to-day that If the' bill i t bo suggested by Republican t members reasonably approaches the demand of the Democrats, it will be permitted to pass without extended. opposition. .TREI7T- RIOT AT MCXCIK. Slrlklnir Street Car . Employe ' SlrlUe-Bnnkers Clash mid Several Persons Are Injured Militia Held lit Hemlines at Indianapolis. Muncle, Ind., Jan. 2: Rioting oc curred to-day on the streets of Mun cle bet wet'..st.r.iklng employes of the Indiana Union Tractl jn 'Company and strike-breakers.- Shots were tired and stones and other missiles , w-ew thrown. Nine persons were Injures1, those hurt the most , seriously being Morris Ma ley,' who received a bullet wound in the groin, and Harry Gard ner, who was badlv beaten. Others were hil with stones. ar wre started ' to-day w ithout interruption, each protected by from seven to nine strike-breakers. 'A cr.sfVd, soon -: gat here I at- the Inter iirbnn station and in 30 miniitKs two thousand persons surrounded the building. Cars were stoned as they started out. At other, parts of the city cars were stopped and. the strlke breakers -were driven off. Two cars-" collided on account of thi inexpe rience of the.motormen and several people had narrow es -apes. ' , . Ma'rion, IhJ Jan. 2. The Marlon Btrcet' can men are all at work and car service Is being maintained ns usual. No Influence yet brought to bear has" changed the determination of the men Jiere not to strike. Ind'ian.-vpolis. Jin. 2. Three com panies of the Indiana National Guard are being hId ready In case there should be further trouble on account of the street railway i strike at Mun cle, Anderson' and other places along the line of the Indiana Union Trac tion lines. . ' e-retary oRot ' Receive Transcript of Japanese Reply. v ' Washington. Jan. 2. Secretary RootJto-day relvd -frem Ambassa. dor O'Brfcen st Toklo a transcript ot the reply of ' the Japanese govern- oy nun some, unie hh in iriniion i.' the regulation --if Japanese immigra tion into Amerli-a. The reply ls; very long, discustlpg Mr. O'Brien's propo sltlor) In Oi. greatest detnll. So far S'-crelary Itoot' hin not had an -opportunity to carefully consider the reply but It Is slated that fin the Lopinlon of fne State T-pnrtment it exhibits a disposition on the part .of . the Japan -pv g-nertimcnt to meet the i desires of AniTi'.i In a satisfactory manner.'- Ambas.1 i Jor ' O'ltrlrn coin cides in this View of the Japanese response. . ... ' AUbainsy Clony Isiw.Jo lie Test c in ' tlie Courts, . . Mobnle Ala'. Jan. 7-, -The Alabama 9 o'cUhk closing law "for cities tf over 13,000 will be given a. test hear ing In rhe courts an i carried, ttr-t he State Supreme Court. The-ljw went tnto effect last' rwcht at midtilfchav but only' on"-th!rd ef Ote 'aloon-kepers observed x it. the r If it rrrn was male lsie this afternTwm. Every other city; In the State. -whre liquor is st.id is cbaervlnr the lap'. conimltteA Would limit the .plcdgW to ! afternoon tlvrt tap sin - State bonV while others are wtll'ing Wot assume th e-dul Im of the i hie f of to accept' municipal pape'r. Very few. the Bureau of Navigation m JU he h.d so far us known, would be willing beer, confirmed by th ate H is capt. jV e. riLr.sn.LKlf; cirosEN. He - Will Suct-eed Rear Admiral flrOHiiMin ns Chief of tlx Bureau of Navigation, Tliouclr the ApKUit- rneiu is rrolwbly Only Temporary. Washington-, Jan. 2. After a confer ence with President Roosevelt to-day, Secretary 4etcalf announced that . . . . . . ,,lin Pillsbury participated In the co ff.ienc.e b etwee th e President and the Saretary just prior to the announce. 1 nienr. - - The selection of Captain John Elliott Navigation, is at best, only a tempor ary one. unless the President should 1 decide to -again .have, recourse, to the consequently have 'to retire on account of age -December lath next. Captain Pillsbury occupied an ex1-ce-ptlooal position la the navy for a man of his rank In being practically out of line for promotion to the grade of rea- admiral, though in his capa city of chief of the Bureau of Naviga tion - he .will ! temporarily . enjoy that title. . This is owing to the conditions I under w hich he entered the ; Naval Academy and graduated. - The beginning of the Spanish war found Pillsbury a . lieutenant-commander -und because of his- tendency toward high explosives he wits, placed in command of the dynamite .cruiser Vesuvius, then rewarded as extra ha ardous service, : . Since the Spanish war he 'has bad servile -a-t'-the- Boston yard; on the general board- at Washington and on the army. and. navy Joint bo:ird, of which he Is now a member. He is fi mlllar with the duties of Hie chief of ine Mureau or. .xivikiioi i . isjeo asfiniani i-t ul'''"'''7 WnPU ne WHB H l lie H'-nil V "." reau from ftovemner 1903 to -July 1!W4. of;lUs last duty before nfall,Afr'aj ,leel- Secretary Metcalf announced the Senate when It reassembles Mon day. tXH'XT BOM Av SCRAPPER. I)upicr Little Frenchman Who Squandered Anna Gould's Millions, Engage In a Hoimh und Timible FlKht Willi Anollier Tllhil I'erson KV Regulation JVciu-h !ucl -May l'ollow. Paris, Jan. 2. There was a. vio lent quarrel in the Rue.de Chulllot betwsen Count Bonl ne Castelluno mid l'rlnce Hello de ugmi. Tho count Is reported to have denounced the prince in unmeasured terms and a duel Is believed to be imminent. The altercation occurred outside the Church of St. Pierre oe Chulllot. where a service had Just been celu-. brated In memory of tauy Stanley .Erring ton; who was the only daugh ter of Baron de Talleyrand. Tho two men,- who are cousrns, inn upon emerging from the church and im mediately be.came Involved in a sharp quarrel. Hot words were passed and Count Bonl, according :t" some ac counts, spat . in the princes face. According to other reports Ciunt Roni struck his cousin in tha face, slightly cutting him. The men final ly were seu ited by .Count Jean do Castellane, "brother Of Count Bonl, who 'Interposed himself between tha combatants. 5 ' When Count Jean reached the two men they were both down, rolling in the gutter. 'Prince Untie .was qii top, bleeding from a. wound on the head where Count Bonl hud struck him with his catie. A big crowd at once collected. The police arrived on the scene and inarched both men off to the police station. Each claimed that the oth er had '"beeii .the iggressor, and Prince Hflle formally charged Count Bonl with assault. Trie latter claim ed that Prince llelle- and some of his friends were lytng In wnit for him. Subsequently botn" men were i-i-i' iifed upon their own recogniz ance. ' Count do CnstVllane was recently di vorced by -his wife, who was Miss Anna -Gould, of New- Tork . It -was reported In November rfiat Madame Anna Go.nld was engaged to be mar ried to Prince Belie de Sngsn, but this rumor "was prxn.otly denied by Madame Gould herself. FIRST LYNCHING OP YEAH. Moll, In Brond ..I)r Vihriit. Tiike MU , htMslppl Negro Away From Oflicer SiVt.1 ..shools Itini Victim Accused of Polleeiiiun's .Murder. l'roiikhavcn. Miss., Jan. 2. Trobaljli the 11m lynenlng of 190S occurred here to-d.ir w sen a mob .in broad daylight ti?ok a ntgro uwuy from pollceXfincers end snot htm. The negro. Hhose name was not known, either -to the police c mo In was accused of killing u policeman a(trakya!e. MIss. oti Tuesday night. The negro had been arrested as a suspicious persm because he came to Hrookbnven looking for. medical J treatment, for aKDnot wound In the abdomen . - " - The men got him away from the police by using a lu'wn which was thrown ovr the negH'-s neck s the oflicers hurried '.him to.r.vll. .-The lajsoing of the black man occurred near, the central part of town about 3 o'clock and. owing- to the auick gathering of crowds) an effort to htmir him was handned. -fter the shooting, a city ofliclal prrsua.Lid the mob not to drag the body hrotigh the. streets ns its mem'n-rs !-oclaim- d an InlentMn of doir.ir. The mob Is said ti have been comroeit most ly of men" from the vicinity of Oak vale. After the lynching a neero wh.T saw . the tmiiy jfil.$ it w-as tbnt . of i ooi jwunTnn,. Recused r Kiinng a tmnn policeman Th this vicinity, December 10th Norfolk Plillrtntliroplxt to Fodovr' r llouie lr Yung ;irl- Norfolk. Va.. Jan. 2. Jesse T. Rone.Vjdf this city, to-day announced that he will bulbl a home fur young girls, ut the Vomer of . Poisseva in an-l (.'olley. avenue, tlhent. and endow It with aHgift of -$250,000. The home Will cst $30,000 ("iiLimvvu 'Vessel suikt. NorfolH, Va . Jan I.-r-N'ewitxw-a-rei-reived this afternoon that an un known rhnyier ai sunk 42 tn'les efT I'ape Lookout" Threw m.i;s are jhi. The w hereabouts iif the rew are unknVwjv - - : f 2J ATTEKS A SO.METIILXG Xi Development .1.' It. Rate Matt'-r Sf i i . minent at lUJ.-i ; ! ' ' lie Called in ) i 4'oa-t I.lno t . - . IloMds i-,i k tt t - ' snrf' Traitsiit-, i-Bnslirs-lirei ,., it ( t Siibmtt TJh'-lr J: ; - vs rt i - -( rStKto lristri Ti . . '. I . Conillllon A Clut r ! - lolte , Comjviriy Otit. ; New5.'l'roni tlie .state , -.' :. O bse rvc r 3' , . . "- " The'Ifi;-nei!-,,in 1 ' . It 1 rery' vill?r t to-n. portant deIopmeit in i. rate matter. are imrnln .. Kfsted tfjat,-since' tho - " i line, attemetett. to. bloc k tt.- ments between the h't -i " a i railways.' the" thing- to ' l- 4- ' vena the Legislature a!""- - the 2 1-2 cent rate for railways." leaving the -Coa . : i 2 J-4 cents and then luiie enacted.-so tht-'fhe" matter " litigated, in the Federal oour sojely In the State court.. Yo respondent ascertains ' that . ; Inent -.-aUomeia are. , now t l-f such. - la w t rannot enacted. If ht claimed that the -ed action of, the Coast Lino Is a -- prise and that it has-caused a lo .s . friends to. that toad. . lIANDDOOk- FOR dllGli CIIOGi To-day there was "issued front-t - office of the ta,te-Superintendent or Public Instructipn 'tha handbook frr high school teachers,' containing; th courses of study -priscrlhej foe: tho public hlKh. schools .of tiia tnate I". was prepared -by Mr. N. if,W)J who is proressor or seconds 4 tion in the Bt.ate Unlver.'t-iy I on the '23d of December.; pointed by State, Suprlntender.l-Cjy ner inspector of publid high Mr. Joyner aays'ithe handbook '. ty itilrably prepared and will ha ot highest, value id 'these..- schools.'". .......... u.u " -' F wx. counties. All arenow. In' operation ex cc pt perhaps halt' a' dozen. This ew , feature In the. Stale's educational sys-" nun Mji(it.i icai nil. . - . In the United State Court here to day an order front, Jlidge Pritcharl was filed appointing; receh-rs for the Seaboard -Air Line Rati way, ',ttie f sants order, havinff.oeen fle(l In va rlous States in which this, system 'has) lines. ''- ' rru. M t(.tA ' tn.J..' .3 .... I t : d to go ahead with the ffirk. on tne railway 'In. Hyde county, ' which ts be , ing chnstruete.d under a special act of the last Legislature. The directors of the road desire the State to permit' them to substitute a bond for the cash . Stste declines to Jn Of the road, eighteen miles have beert. built. leav ing twenty-five yet to be Constructed, It Is 'expected that tlierond 'will be completed by July .or August. .Til's , rienltentlnni-will rari'v the road's cer- ttOntAtf Tliln rAoOfitt WUM vrv fullV'' discussed at oiy's ofereneev" ' ".The. increase tn the a,ssesed value -of the property In the State under the assessment of 1907 did nor pan . out nearly so much as mny. people thought, being about ninety-two mil- lion dollars. Some had figured that tt.i would approximate, two hundred mil lion dollars, Your -correspondent ', is assured by some "observant men' 'that the increase is mainly in towns, and cities. One man said. In, his , county tho assessors virtually . made no .In crease, but stuck to the old figures. His view seemed to be tha this was a good thing, though the assessment was made before themoney troubles, his contention being that property has so' much depreciated In value dur- . Ing the past three month that In a -number of casfS It is- below the as fessed vadue In counties which, put a' liberal valuation upeii'it.' However, this does not do away with the .fact that In such counties tliere was under valuntbn ot the time. Itwai made. H i.s also.", true-that, .beeaire of the rel- ' otively sma.ll Increas Ift valuation at large, taxes next'vea'r will not reach the figure which it was expected they . would t,ouch. ROAD NOT AnspUBF-D.,' In spite of fejTPt!d Vlenialrt 'from all sources the rumor "kpeps on- bobblni' ' t'p that the Norfolk & .-EpuJhern -i , about to be absdVbeiL.hr sotn" f'Vitr road. There is 'nothing. .ta 1t. ' Ir o; . ' t t, .lk, Ka 00 railroads are not thlhkin b'-nt buy ing other lilies, but'lia t generaL th'.p.r nre hard put to Uiiftgot fand. 1' U to he doubted whe'heh (iicv'huve e. hatl more hardship alonar this ! than durtrig .the pij"! Ti fir. an 1 i , t r.iid Is not yet In.-sigM. , , . KXtJLAXD It EpUCES RATI Bank ef Mother Country -- 1 ' 1 to I'er t'eut an j;c--.i:'t i' 1 prorcd Coutlitbi-i --ernti-.!'j I Conw-rvnthe -tu Follow ,-r.;. . London, 'Eng.' Jiiri'.S.- The c . tors or the Bank tr Tr;' . 1 t i lowered 'th'e mlnirnum r,ir . f coufit to 4 from' J -prr-Cf nf .. p ' latter, rate was est ,;!: sift J a i suit -of tlus, recent 'Abu :ri.- i , crisis. . Improved- f.nni - J .K tiona( in Americ,a; ecup'.i'd ! '. ter monetary" lifa.vtioa : :i C,,i; assisted the directors. t!ri t;n-r shm to remove t!v -s:r;r -i-.t r discount which 4ia 5(u h t -Ing trade and spevntHtir f u t'.- 7 weeks. .Tho etT- lt oC Vi-.- . c ' . tlon. of the disoutrts.hoive-v. r. ,t ready h id been, largely discount 1 the London stock rxcrran.v, -- t. t abaer.ee of New .Y(!rK.'co:n;-K.i. i-.-o I Monday's gold i.rrt.-:,t an t a ' drop iu UiscouTit Vjt'.s ft. iv s i. i t v an early decline in the o:ioUI na.. mum. rate of fliwo'iiit. Rt-rliP.- Jan. t -The- V ,ic! 1 the l!arik of En'aiit." ra-f ; ;: count to-day wa roeived' r- '. s urpr .,.- ,,but iH n -.. ' j'.i..f,n tion by the German J.n.sru'.u v .in munity. The barker.; l'o eve; carefully refrain fr-ou rs optimistic a ifr .f ;c that actiiin on tr-- m " e: i Id flermany. Thvy Ktnking cotul.'iuns 5 'rained .to va'rrant ;n of a-n t-arjy. reduc-.-. sj,. --i the ',rtiiali 1. ; ; .t ' i lis been too nuu-'i 1 -hravy draft npc-n i-. f r America u l -y ; i t perm It e:t;-!. -. - - . ntu-.t-'-hkept n;. xj ,vu to Germany. r '-
The Charlotte Observer (Charlotte, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Jan. 3, 1908, edition 1
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