fcette Nes
A A
THE ASSOCIATED
. PRESS
DISPATCHES
LAST EDITION
4:00 P. M.
Weather Tor&cait:
. Unsettled.
VOL. XV. NO. 90.
ASHEVILLE, N. C, TUESDAY AFTERNOON, MAY 24, 1910.
to PER COPY
MH.BOUTELL
?.."FCE"
He Tells Detroit Bankers This
Nation's Credit Is the Stron
gest in the WorldAlso,
Why It Is.
MARCH 14, 1900, BEGAN
NEW BANK HISTORY ERA
Number of National Banks Hat Doubled
and Circulation Trebled New
Circulation Basis Is
Necessary.
D'
. ETUOIT, May 24. The financial
strength of the United States
was declared and explained by
Representative Henry S. Boutell of Il
linois in a speech last night at the an
nual dinner of the Bankers' club of
Detroit. This nation's credit, heasaid,
Is the strongest In the world.
"The fourteenth of March, 1900,"
said Mr. Doutell. "marks the begin
ning nf a new era In the history of
our i ..tlonal banks. On that day
President McKinley signed the great
financial act that fixed gold as our
single monetary standard, made all
forms of money Interchangeable, pro
vided for the refunding of our bond
ed debt at two per cent, and author
lied the establishment of national
banks with a capital below $50,000.
Since the passage of this act the devel
opment of the national banking sys
tem, astonishing as It seems, has only
kept pace with the wonderful progress
that has been made In every part of
ihr. rnnntrv in pvprv linn nf InrliifttrlHl
activity.
Circulation Trebled.
"WhllVv the number of national
batiks and the amount of deposits
have doubled during the pust ten
years the circulation of the banks has
trebled. While the amount of money
In the country per capita, has Increas
ed 33 per cent., the volume of gold
has advanced CO per cenW- There has
. Wen uu VuoiuSe of only SO per cent.
In the number of silver dollars, but
the amount of subsidiary silver has
been doubled. Although there has
been a Kreat Improvement In tho cur
rency it is still far from perfect. We
still have the greenbacks, $346,000,-
0110 or Hat and 15B4.000.00 In silver
half Hat. The obliteration of all the
flat in our money should be one of
the lirst objects of currency reform.
A Debt I'uyuig Nation.
"If the circulation of the national
banks should be doubled In tho next
ten years it would amount to $1,600,
OHO.OOO. Hut this circulation is based
on government bonds. If the annual
requirements of the sinking fund law
should be complied with the bonded
debt in I'.ilio will be less than $300.
(100.000. And we are distinctly a debt
paying nation. The conciliation of
12,50(i,ooo.(iOO of Indebtedness In the
23 years following the civil war Is the
nnest chapter In the history of nation
(1 financiering.
'Some other basis of circulation
therefore must be provided for our
nuilonal bank issue."
Mr. Houtcll pointed out that he
lulled States with an Indebtedness of
only 10 per capita with SO per cent,
of this debt refunded at two per cent,
nu with ins. 000.000 of Panama
bonds authorized but unissued to meet
expenditures already made, had the
Wrongest financial credit of any na
tion in the world.
'The present favorable condition of
our national finances, our unlmnaired
credit, our fruitful revenues, and our
onaerrul national resources," he con
cluded, "are larrelv the pemilt nf a
faithful adherence to the principles
f the financial policy laid down by
' nrst secretary of the treasury.
" we tract) the r no ran of our
national debt from Its origin In the
Struggle of tha Anlnnlo f lnUnn.
dence through more than a century
of national development, and note Its
-urn augmentation whenever the Im
venous necessities of war have caUed
.uuaen ana unusual expenditures,
we contemnlnla with ,it v,. r.iih.
Jul di-crmrgs of our national obliga
tions . the oast, whit wa Im.
Press J with the belief that In the
tuture the firmest bulwark of our na
"ns stafety must always be ths
-""Km or our national credit,"
v :
ESEurum
I1EL1ENT IS SIGNED
Financiers of This Country, France,
Britain inaj Germany Will Lend
China $30,000,000
Paris. May 24 The Hankow Hie
t huen railway loan agreement was
ned t0(Jay Th Bnert are pn.
i, ot flnttc'l rroups of the
niiea states, France, Great Britain
and Germany,
W.h. "remnt ' provides for the
iTmomo'L? Ch'ne" vernmfcl,t of
t K"rl of Kmmfonl Dm1.
Rt, .n' My " The Karl
THE OUTLOOK FOR;
THE HAIUWAY BILL
Indications Are That It Will Be in Con
ference This Week The Cum
mins Amendment
Washington, May 24. The Indica
tions are that the administration rail
way bill will be in the hands of the
conference committee by the latter
part of the week. It will be passed
In tho senate Thursday or Friday un
less further obstacles are placed In Its
way by the Insurgents. The Cummins
amendment, providing that increased
rates shall not become effective until
approved by the Interstate commerce
commission, is the principal matter
In controversy now. It will be debat
ed for a day or two. The lines are
closely drawn on the Cummins amend
ment and it will be beaten or adopt
ed by a narrow margin. The Insur
gents express the belief that the
nmendment will be Incorporated In
the bill.
All signs point to a prolonged con
troversy In conference over the rail
road bill. The long and short clause
and the sections of the house bill re
lating to capitalization will excite a
great deal of controversy. While it
has not yet been determined whether
the senate - shall retain in the bill
pending In that body the sections
bearing on capitalization, this subject
will come up In conference, inasmuch
as the house bill contains features
along this line. House leaders expect
that the conferees Will have' more
trouble reaching an agreement on the
long and short haul clause than on
any other feature of the administra
tion bill. The house adopted the
Mann long and short haul clause by
an oervwhelmlng majority. This
clause has teeth in it and Is particu
larly objectionable to the railroads
and shippers at terminals, Inasmuch
as It prohibits a greater charge for a
short than a long haul under any cir
cumstances.
Just how the house and tho somite
conferees will bo able to reach an
agreement on this setclon of the bill
Is not clear. There Is a probability
that the long and short houl clause of
the existing law may be permitted to
stand pending an Inquiry and rouort
tiy mo interstate commerce commis
sion as to whether 'abuses hnvo grown
up uncier present practices and whut
remedies muy be applied by law that
will be Just both lo shippers at the
terminals and Intermediate points. A
suggestion of such a compromise hits
been made and It will bo considered
by tho conferees.
Aocnrding to slatcjnents madu by
insurgents, every republican senator
will vote for the administration bill
when it is put on Its final pussugo.
No measure, not even the Puyne-AI-
drlch tariff bill, has been more bitter
ly attacked by the Insurgents. Eight
of them voted against the turlff bill.
but all of them Intend to vote for the
railroad bill. ""They take the position
that the bill has been materially im
proved, that It Is a pretty good meas
ure as It stands and that It is enti
tled to support
Tlte mil Passed.
' By tho action ot tno scuato venter
day the construction of two new bat
tleshlps for the navy was assured.
Senator Burton's amendment to the
naval appropriation bill, to limit the
authorization to one ship of the
Dreadnaught type, Instead of two as
authorized by the house was defeated
28 to 89.
The bill then was passed. It car
rted appropriation aggregating $134,'
000,000.
Two Important amendments were
adopted. One of them offered by Sen
ator Johnston, appropriating $450,000
for the purchase of torpedo boats,
whose vitals are below the normal
load line;" the other, by Senator
Jones, eliminates railroad company
and municipal bonds from the secu
rltles which may be deposited by
bankers.
Naval Increase.
The naval Increase for the fiscal
year ending Dune SO, 1011, provided
by the bill as follows:
Two first-class battleships to cost
not exceeding $0,000,000 each.
Two fleet colliers to cost not ex
ceeding $1,000,000 each.
Five submarine torpedo boats not
exceeding a total of $2,600,000.
Six torpedo boat destroyers to cost
not exceeding $750,000 each.
The house bill provides for nnly
four submarine and no torperdo boat
destroyers. The senate also added
provision that no more .than one of
the battleship should be built by the
same contractor. The provision In
sertod In the house bill, requiring that
the battleships and fleet colliers
should be built under the eight-hour
law was retained by the senate.
The closing hour of the debate
served to elicit from Senator Depew,
of New York, some history concern
Ing the enesuelan episode of the first
Cleveland administration.
"An intimate friend of mine who
also was an Intimate friend ot Lord
Salisbury, then - the British prime
minister told me," he said, "that
promulgated1 Lord Salisbury said to
him: 'I ibe)ieve that on account of
the rancor coming down from the
revolutionary war and accentuated
by certain occurrences In the CIvM
war. merlca mans to have war
with Great Britain at some - time
and I believe now Is the best time,
when America has no navy. The
views of tlic prime minister were
overruled by Queen Victoria, but If
Lord Salisbury had had the power
nossessed by some of the English
prime ministers, the Issue certainly
would have been tried out.
Mr. Depew used the Incident to en
force an argument In favor of a strong
now nnd fo rthe present authority
Continued oa page four,
PEACE WAITS
UPOBJOSPEL
Evangelization of Japan Would
Insure Peace and Progress,
Is Declaration of Bish
op Honda.
WORLD'S SUNDAY SCHOOL
CONVENTION'S LAST DAY
Officers for Ensuing Term of Three
Years Were Elected at the
Session Held Last
Night
w
ASHINGTON, May 24. This is
the closing day of the
World's Sunday School con-
entlon. Two simultaneous meetings
were held this morning. ' This after
noon 6000 delegates and other work
ers united in a mammoth meeting in
Cenvention halL Reports of mission
work in far away fields were pre
sented at both sessions. Bishop Hon
da of Japan addressed on of the
morning meetings. Bishop Honda
declared that the evangelization of
the Japanese empire would Insure
its peace and progress.
When former congressman Walter
Hoffccker of Delaware, son of a
former congressman from the same
state, rose lust night far back in the
great crowd that filled Convention
hall, and all by himself sang, trav
eling Home, Led by Jesus I Am Trav
eling Home," the audience applauded
so long and so lustily that Mr. Hot'
feckcr was compelled to go to the
front, mount the plulform and sing
it again. ' It was during a song ser
vice led by Charles M. Alexander, tho
singing evangelist who has sung the
uospei giory to immense auuienses
In all parts of the world, that Mr.
Hoffecker. when a volunteer was call
cd (or stood up far off in One corner
(it the Wg hulraJid 'almost svent the
audience off Its feet with enthusiasm.
Among officers of the association
for tho ensuing throe years elected
lust night ware: ,
President. Dr. Charles W. Bailey of
Philadelphia,; vico presidents. Sir Jno,
Ksjk of England, Justice J. J. Mac
Laron ot Canada, Bishop J. C, Hart-
sell of Africa. W. N, Hartshorne of
Boston, and E. W. Frltchley of India,
Hugh Cork of New Orleans was
elected statistical secretary for the
United states.
IS TO BE PUT ON TRIAL
Charge Is Heresy, for Granting Licenses
to Preachers Who Refuse to
Accept Creed.
Atlantic City, N. J., Muy 24. The
decision to try the New York presby
tery on charges of heresy because of
the granting to Messrs. Black, Stcen
and Finch preaching orders after the
young men had refused to accept In
full the beliefs of the church was an
nounced by the Judicial committee of
the Presbyterian assembly yesterduy,
The committee headed by Kev. E. D,
Warneld, president of Lafayette col
lege, presented a report In which It
declared the belief "that the minority
members ot the New York presbytery
had established a prima facie cbbs of
heresy, whluh has now been referred
to the Judicial commission of the us
scmbly who will hear witnesses and
report their findings for final action
by the assembly."
Dr. Warlield Introduced a rcsolu.
tion to allow contributions to divinity
students ot over $200, the sum allow
ed to- pay the expenses ot students
working their way through college to
enter the ministry. The resolution
passed after Dr. Warflold had stated
his belief that "theological students
should not be forced to peddle books
or groceries to secure an education.'
Until the resolution was passed
regulation of the assembly had refus
ed to allow students to receive over
$200 a year toward their education
and the resolution carried a proviso
that the increase should only be al
lowed In case of "sickness or other
extraordinary need."
Dr. Hamilton A. Hay-ties of Indiana
declared that the high cost of living is
keeping young men out of the minis
try and advocated higher salaries for
ministers in smaller churches.
The Negro Problem.
Discussing the report of theboard
of missions for freed men, Ilev. W. II,
Wear of Houston, Tex., declnred th
uplift of the negro could rome only
through Industrial equality. "We.
train negroes to work In the south,
ie said, "and then when they come
north yvi't uVlve them out and refuse
to allow them to work with white
men; tfer come back home dlscour
aged and disheartened and become
problem for us."
The general assembly passed a res
olutlon condemning persecution of
Jews In Kussla. A proposition for
reduction of the ! of the genera
embly was
n defeated, i
Committee Is
As to Submitting Report
r
ITORESTEri, IS. S.rDREST. SERVICE
1 'V" ftx
..v:-,Vi-"lic
WE
Iti liissl Ai ill i iir-
Washington, Hay 24. At u meeting
of the Ualllnger-l'inchot investigating
committee to be held this week a de
cision will be reached as to whether a
report shall be muile to the senate and
the house at this .session of congress.
There huvc been reports thut the com
mittee hus decided, on grounds of
politicul expediency, to postpone mak
ing a report until after the congress
elections. It was stuted further that
Scnutor Root, who is a member of the
committee, had gone abroad with this
understanding.
A member of the committee Is au
thority for the statement that It re
mains to be decided whether a report
HE IS CHARGED
. WITH QjgZlfrM
The Assistant Postmaster Thomas R.
' Paxton, at Covington, Va ,
' Placed Under Arrest.
Htauuton, Vu., Muy 24. Clmrgcd
with embezzling government funds,
Thomas II. Puxton, assistant postmas
ter at Covington, Va., was brought
here lust night uud given u hearing
before Federal Commissioner Mere
dith. Ketter held Puxton In $1000
ball for his appearance before the
Federal court ut Lynchburg. It Is
said Puxton used about $700 of gov
ernment funds In an Investment
His friends believe he hud no in
tention to defraud the government.
Moro Itiotlug In (liiiiCHO Kmplre.
fjhunghul, May S4. Nutlve riots
occtircd at Chuan Shla Saturday. A
considerable portion of the city was
burned. The Lutheran church was
destroyed by lire. There Is general
unrest, and anti-foreign sentiment Is
spreading.
Ilomb Intended for King Alfoimo.
Madrid, May 1. The - polh'o be
llcvesthut a bomb exploded Inxt night
wus Intended for King Alfonso, upon
his arrlvul at the railway station from
London. The bomb thrower was in
jured by his own wci;n. . He com
mitted suicide to escape uptu".
IVnn Has Accepted) Mediation.
Washnlgton, Muy 2 4.1 lie Peru
vian government has formally accept
ed without resrve meditation of the
United Htates. Kmztl. and Argentine
in the boundary dispute between Peru
and LeUHilor,
-
I K ' " 3
r
r
Undecided
V - ''iyi rw
RICHARD A.BrUWKGt
shall be made ut this time. As the
situation now ntunds thu committee
will be guided In the conclusion to be
reached in this connection by the
length of the present session. It was
said that if congress remains here un
til the latter part of July there will
be ample time for the preparation
and presentation of the committee's
report.
Argument In the cuso will be begun
before too committee Thursday next.
and concluded on Friday. The attor
neys for the two sides will then have
15 days iu which to file briefs. The
committee' expects to' have the com
plete case before It by June 11.
TO
T
ICE.
Cumberland Presbyterians Reach This
Conclusion After Long
Discussion.
Hiekson, Tetin., Muy 24. After I
lengthy discussion the general asscm
bly of the Cumborlund Presbyteriun
church decided thut the church would
not withdraw from the International
xn.-letv of Christian Endeavor. It has
been proposed by come thut denomi
national societies would be best, hut
a vote finally brought out the fact
that a majority favored the continu
ance of tho affiliation with the Chris
tion Kndenvor socie ty with tho under
standing that where local condition!
do not favor the organisation of En
douvur Hut'ictics, young people's or
gunlzutions ne lornien wiihii uvi uu.
the Immediate situation.
Another action wus to declare va
cant the memlx-rship ot the board of
missions and church erection, an In
stllution chartered under the laws of
Missouri. The members of the board
the report of tho committee which
made the recommendation declares,
have ceased to be Cumberland Pres
byterians. Money aadvanoed to tho
churches at Bowling Green and Au
burn. Ky.. was changed from a loan
to a gift In each case by a vote ot the
assembly.
riev. J. T. Barbe ot, Nashville, who
became III while delivering his ser
mon ss retiring moderator, has prac
tics My recovered. ,
Sergeant Irowned TVIillo 1 lulling.
Newport News, Va., May 24. Her
geunt Hugh Winkler of the army hos
pital corps was drowned In the squall
while fishing In Hampton Honda yes
terday, '
SHIPS STRIKE
IN DENSE FOG
One Sinks in 47 Fathoms of
Water in Lake Huron, and
Many Lives Are Prob
ably Lost.
CAPTAIN, THREE OF CREW,
TWO PASSENGERS, SAVED
The Rest Probably Drowned Big
Freight Steamers Went Together,
Bow-on, Yesterday
Morning.
POUT HURON. Mich., May
News reached here today
two big steel freight steo
24.
that
amers
plying the great lakes had collided on
Lake Huron, north of Point Aux
r.arques, in a dense fog Monday
morning, and the Bteamer Frank H.
Goodyeur of Cleveland wus sunk in
47 fathoms of water.
The steamer James B. Wood of
Cleveland, which struck the Good
year bow on, limped into Port Huron
harbor today with a big hole In her
bow, currying half u dozen survivors
from the Goodyeur.
The latter carried a crew of 23 men
and several passengers. Captain Hem
enger, who commnnded the Goodyear,
three members of the crew, and two
passengers were saved and brought to
Pork Huron on the steamer Wood.
The only hope of survival of the
others on lioard the Goodyear lies In
tho possibility ot their having been
rescued by the steamer Sir William
Hlemans, which wus near the scene,
and is due at Detour today.
ILlll SRYLORS TRIAL
FOR MURDER0F A GIRL
Physician Says Bruise on Her Face
Must Have Been Made Before
Her Death.
Mays Utndlng, N. J., May 24
Kapid progress is being made In the
trial of William Sayler, the young
married man accused of murdering
Jane Adams, while she was defending
her honor, on a pier at Atlantic City
last February. The Jury was chosen
within au hour and 20 minutes after
the prisoner was arraigned.
The lirst witnesses called were the
motormcn and1 a policeman who found
the girl's bruised body with the torn
clothing frozen to it, lying on the
beach where it had been cast by
waves several days after the girl had
disappeared. Churles Adams, the
girl's father, was then placed on the
stand. He stated that on the night of
February 4, Orvls, a brother of the
defendant, came to his house and took
June and her sister Alice out about 7
o'clock., Alice later returned at one,
and said she left Jane on the pier
with William Sayler.
Asked whether William Sayler ever
ame to his house to see Jut e, Mr.
Adams answered :"no" decisively.
'Jane was 17 years old June 17
last," suid Mr. Adums, "Orvls often
came to the house to tuke her and
Alice out"
Dr. Emery Marvel, a surgical ex
pert, testilled that the bruise found
on the girl's face must have been
caused before death ensued.
The dead girl's mother told of her
search for her daughter on the night
she disappeared and of swearing out
a warrant for Sayler's arrest on the
charge of abduction.
A signed statement given to the
detectives by the prisoner when he
was arrested in Petersburg, Vu., wus
also placed in evidence by the prose
cution. In It Sayler denied that he
had been out of his home or seen tin
girl on the night In question.
ASHES OF USGELLES
HAVE NOT BEEN CLAIMED
Left at Washington Crematory, as His
Body Was for so Long In
Asheville.
Washington, May 24. The ashes of
Sidney Lascellea, alias "Lord Berea
ford" remain unclaimed at a local
crematory, as did his dead body after
his death for many years at Asheville.
Tho undertaker will keep the dust
In a metallic case until called for.
TILE WEATHER
For Asheville and vicinity: Unset
tied weather, with occasional showers
tonight and Wednesday.
For North Carolina: Showers to
night and Wednesday; moderate south
to southwest winds,
1SHALL WOMAN
KEEPJILENT ?
"Woman's Rights" Question
Arises and Becomes "Serious"
in General Assembly of
Presbyterians.
FORM OF CONVEYANCE
FOR GIFTS IS ADOPTED
General Debate in Which a Lawyer
Takes Prominent Part of Some
Members Drop Their
Dignity.
I I
T
Lewisburg, W. Va., May 2 4. m
A special committee ot the 4
general assembly of the
Southern Presbyterian church
has reached u decision ad-,
verse to the Slnnot complaint
pgainst the Northern Ala
bama Presbytery for approv
ing the prohibition amend
m'iit advocated in a politi-
cut, campaign.
4 4
! -J J I .k.J'T J.At !
LEWISISL'RG, W. Va., May 24.
Whether or not the church
maintains its position in oppo
sition to women addressing gather
ings in which both men and women
arc assembled lias become a serious
question before thu general assembly
of the southern Presbyteriun church.
Some of, the delegates are arguing
that with Methodists, ltaptists and
other denominations permitting wo
men within their midst to speuk In
all assemblies, Presbyterians are re-
gurded as being behind tho tiines.
These tidvocules of "women's rights"
are not inclined to be belligerent and
if tho committee on bills and over
tures turns them down they will prob
ably not demur on the floor of the as
sembly, believing that sooner or later
the usHcmhly will relent regarding the
rigid enforcement of silence upon wo
men. Form of Conveyance Dispute.
Despite the protest thut the action
miKht hinder union wit!, some other
church the southern Presbyterians in
generul assembly adopted an optional
form of conveyance whereby future
donors will be assured that their gifts
will remain forever in that organiza
tion. The fight over the proposal was tho
most earnest of any contest of the as
sembly. Judge Frank 11. Hutton ot
Abingdon. Va., led thu forces In favor
of tho adoption of the form, having
presented A majority report of a spec-
iul committee.
Kev. C. It. Nesbit of Nashville sub
mitted a minority report signed' by
himself and wus the leader of what
proved to be the mujorlty on tho
door. Dr. W. L. Lluglo of Atlanta
played the role of an unsuccessful
compromiser. He wanted the asw;m-.
bly to adopt no form.
The contest on the floor was Inuu
guruted by Judge Hutton. He read
the form of deed providing tnut the
property given to uny Institution in
the church could not be delivered to
uny Institution beyond tho control of
the church.
The discussion l.ecamo Interesting
when Dr. Nesbit declared that the
action "proposed by Judge Hutton
would provoke an untimely discussion
of organic union. He nuked that the
church be left to "rollow where the
Holy Spirit leads."
(JllCMtloll Of 1'OIIM-it-IKt'.
"My conscience tells me," said he,
"if I let this go without protest I will
be A sinner."
Pulling up coat sleeves In court
room fashion. Judge Hutton set to
work to defend his report.
"Who is leading the ludy Spirit?"
ho demanded of the minister, with au
expression that he wus not facetious.
"Does any one know wheni the Spirit
is going to lead us? How do we know
that we will Interfere with the leading
of the Spirit'.'"
Judge Hutton said that this would
not prevent organic union. Ho ey
plained thut it merely provided
cd ti
form whereby persons could
property to tho church and know that
It would never be diverted o any In
stitution outsldo the southern Pruehy-
terlan church, "Your asttembly asked
our committee to draw such a form
and we did It. And yet you acuuso us
nf stirring up a debate on organic.
union and of being sinners."
Dr. Nesbit got the floor long
enough to sny that the report wss
dangerous becaum It provided for (he
assembly giving Us Influence to this
kind of donation.
I hope that never again will I le
appointed on a committee with tiiroo
lawyers," said he.
"1'U Bet You ; -
Tho debute became general. ' fn
their earnestHees, trucked gentlemen
became oblivious to their surround
ings. The, Rev. Dr. M. I. Lacy, the
very personifies tion of dignity and
reverence, on tar forgot himself as ho
patted out a point in the rlm of his
hand as to say: "I'll bet you H
Laughter for the first time during
the assembly put to route the Prfiv
terian dignity of the august body "
The gray haired old man changed
his statement to "I venture." Finally
Judge Ilulton's report was adopted
a vote of 100 to V.