Newspapers / The Asheville Times (Asheville, … / Sept. 30, 1911, edition 1 / Page 4
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Saturday, C;rf..-il::r CO, i;u. iwzz rcu: .TOE ACHLYir T.' C ; Gazette-News Evening News Publishing Co. ! V ASHKVILLJd, N. C ' ; , ; SUBSCRIPTION RATESl ' Aslievllle end BUtmore. . ': One Week v.. 10c Three Months ............... .8125 Six Months ...4. . Twelve Months ................ 6.00 BY MAIL. IN ADVANCE: Three Montha .$100 Six Months 2.00 Twelve Month ............... 4.00 Kit! It ,-, It ' The Gazette-News Is a mem- It R ber of The Associated Press. H It Its telegraph news la there K It fore complete and reliable. ft It " ft ftftftftftftftltllltftltftltttltltltft Any matter offered for publication that Is not classified as news, giving aotlce or appealing for support of any entertainment or project where an ad mittance or other fee Is charged is advertising and will be accepted at regular rates only. The same applies to cards of thanks, obituary notices, political announcements and the like. Entered at the Postofflce in Asheville as second-class matter. Saturday, September 30, 1911. THE ADMINISTRATION AND THE SHERMAN. . President Taft says no backward step must be taken,' that the trusts must be busted. His attorney general has added the full weight of the legal department to the decree, even going so far, according to one Interviewer, as to say that his department would be very glad to see certain trust mag nates behind prison bars. True, Mr. Wlckersham has denied that he has shown any such Irreverence toward any of the heads of the big corpora tions, but he does not deny saying the corporations had as well square themselves with the recent decision of the Supreme court In the oil and to bacco cases. These declarations from the Admin istration may safely be regarded as a direct answer to protests lately made aguinst the activity of the President and his attorney-generalv a protest which has taken the form largely or letters from business men of Vew , York, which have been published In the conservative papers of the me tropolis. In those letters the admin istration Is being accused of wantonly injuring business, and Mr. Taft's In terpretation of the Supreme court's interpretation of what was in th, mind of congress when it passed the Sherman law Is being roundly con demned. 1 But who shall say that President Taft is In the wrong? In the .first place there is the law which he has taken an oath to enforce and while the Supreme court, desiring to temper the wind to the shorn lamb, may give the law a "reasonable" interpretation, its enforcement is not optional with the department of Justice, And then take the actual facts relatively to tho "activity of the big corporations. Dur ing the past week the commissioner of corporations made public part two of his report on the tobacco Industry of the country, , A summary of this report, dealing with the American To bacco company, will be found Inter esting to every business man, and we quote at length therefrom: It shows the vast earning power that arises from substantial control of a large Industry. The great tobacco combination which centers round the American Tobacco company started in i with 123.000,000 capitalization, operating only In cigarettes. By 1903 it controlled about four-nfth of the whole domestic tobacco Industry, ex cept cigars, and its net capitalisation exceeded $318,000,000. This concen tratlon Is the basis of th combina tion's great earning poer. High rates of earnings have gone with mon- opollstlc control of the Industry, and the less degree of control the less the rate. The proof of this follows here: In iS90 the combination's earnings were over II per cent, on the actual Investment They rose In 1861 to more than 31 per cent. It was then operating principally and with practi cally a monopoly In cigarettes. In HIS came expansion Into other branches, a keen competitive Struggle and a sharp drop In earnings. But by 1109 th combination's broad dom ination of the whole Industry took effective shape. Its earnings' from that date cover the great bulk of the Industry, In IttOI they were 1! per cent. In 1903 over It pel cent, and from 1104 to 1101 the average was 19 per cent and from 1104 to 1908 the nverare was 19 per cent, or 131,200, 000 yearly. ' ' Here appears even more strikingly the earning power of concentrated control. lb the snuff business the combination hasan almost complete monopoly 91 per cent of the whole business. From a rate of less than I per cent In the first year (1901) the earnings rose In 1903 to 15 per cent., and In ISO to over Zl per cent Tlw common flock of the snuff compapj. orlKlnally all' "water' paid 29 per cnt dividends In 1909 and 27 per cent In 1910. Iti the hitihly controlled "smoking .H'n" business the average earn t i.f ii-i 1 j 1 1 1 ''"it siibiiili:irl,-s In 5S tier rent "In 1AX. Conversely the subsidiurfea engaged in the flat plug business, with more active-competition. In no year earned 19 per cent, In 1908 less than 8 per cent. .'. ; f -'.'; " Finally? In the clgur business, of which the Combination controls not over 15 per cent, its rate'of earnings has never exceeded I per cent, and from 1904 to 1908 averaged less thnn 6 per cent. The business, moreover, showed exceedingly heavy losses In 1902 and 1903. . Mere was severe com petition and low earnings. On the subject of "insiders' " profits the report says: ... Through adroit and frequent adjust ments of the securities of the combi nation a very large part of its great earnings have gone to a small group of Insiders, who have throughout re tained substantial voting control. These Insiders in 1901 Induced the com mon stockholders of the old American and Continental companies to surren der their stocks for 4 per cent bonds of the new Consolidated Tobacco com pany, thus securing for the common stock of the Consolidated .(most of which the Insiders held) the great In- crease in earnings which they foresaw from the reduction in the war revenue tax. This Increase the 'rank and file of stockholders of the older concern did not foresee. In the reorganization In 1904 the advantage of the insiders was perpetuated. The foregoing facts and figures are nothing If not Illuminating. There are times when there must be repres sion if we are to prevent oppression. When certain big corporations, through sheer force of amassed cap ital, can make such earnings somebody Is getting the unearned Increment, and the average American citizen must suffer. The sum of Jefferson's theory of government was this: "A wise and frugal government which shall re strain men from Injuring one another, and leave them otherwise free." In the absence of the Sherman law oen wonders how men could long re main free, industrially, or how the capitalistic class could be restrained from Indicting Injury upon the less fortunate of their fellow citizens. A NEIGHBORHOOD QUARREL. Italy seems to have been precipi tate, but in a general sense, in this complicated neighbrohood quarrel in a very old neighborhood-the ancient Turk is the friendless one. The Porte threatened a war "to stagger human-, ity" if baited into conflict. Bitterly it was complained that "the Italian aggression Is really the outcome of the animosity on the part of Chris tianity toward Isham," thus bidding the faithful rjilly to the sacred standard. , Germany is in alliance with Italy, but Is fighting Great Britain for com mercial supremacy in Turkey. Great Britain wan also in a predicament to try the nerves. Should she, when de mand was made, allow Turkey to send convoys through Egypt, thus becom ing; virtually a Turkish partisan, or should she refuse, arousing the hos tilities of the Moslems and imperiling her position In Egypt? I!ow much truth is there In Italy's representations us to official miscon duct in Tripuli? The world will want to know this before passing judg ment; that Italy Is but claiming what, it was understood on account of her attitude in the Morocco squabble, was to be hers on the expected breaking up of the Ottoman empire. Is conced ed by the power The meeting place for the State Press association, next year, is (o be selected by the executive committee. of whom the editor of our morning contemporary Is one. We learn that the brethren beyond the mountains, many at least, and doubtless most of them, would prefer Asheville. It is altogether natural and understandable that anyone should wish to come to Asheville. Th selection of any place by the Press association Is a blessing to that place as well as an honor. For days and weeks afterwards these gentry of the Fourth Estate would be telling the people things they ought to know about Asheville. Our city's progress In sanitary science would be one of the chief things that would at tract these sharp eyes and alert minds. That Chicago man who wrote, signed and recorded a promise to re frain from being Jealous when his wife goes with other men, to give her all his earnings and allow her to do as he likes with sll the family Income so long as she feeds him well, to re port at a proper hour every night and not to contest a suit for divorce If he displeases his spouse in any mauner well, what do you think of that chap. anyhow?" the Charlotte Chronicle In quires. ' We think the man thinks a good cotk Is cheap at any price; and he is not altogether a fool. Mayb he has a finicky stomach. Turkey has a large standing army but th water between It and Tripoli Is too deep to wade. . Have you made up your mind whether you tan go to the Haywood county fair next week ? Its name Is September, but Its con- luct has been August , V. . tiOVEUNMENT TO STAND CLEAR (Continued from page 1) dominion In Africa. If that IsVosslble. It Is distinctly asserted ut the state department that the United Slates ha absolutely no polllUal Interest In that part of the world. Crsn-M the t Hi( (l Ktatt-s to Inl-rvcne. The slate department received an apiieal from Oscar HtruiiNa, formerly Airut a an HmbaHRjtilor to Turkev, to iMtTVMn l,i'tvp.-n I!.lv Bfni Tdrk.'V. upon the third article of the Hague convention of which both. Italy and Turkey were signatories. Under this article powers strangers to the ills pute can offer their, good offices of mediation. ' , . ! No official statement could be ob tained from the officials of the state department as to what disposition would be made of Mr. Strauss', sug gestion. - - Cruto'r on Vi to Malta. , The naval representation of Amor- lea In African waters .during the pres- ent trouble will be limited to the scout cruiser Chester and the little gunboat Scorpion. y v v The Chester passed through the straights of Gibraltar today bound for Malta, where she should arrive by Monday evening. ' The Chester proba bly will be left free to look after the protection of American Interests In Tripoli, her commander Acting In conjunction with . American . Consul WOod. . .' The Scorpion has been the station ship at Constantinople but she will be ordered to remain at Malta or vicinity for the present to assist the Chester In safeguarding. American interests. The declaration of war came with such suddenness that there has been no opportunity for the war and navy departments to dispatch trained ob servers from the general sthft to re port upon the Incidents of the war. It was stated, however, that Instruc tions would be sent to the American military attaches at Tiome and Con stantinople to watch developments and the commanders of the Chester and Scorpion will be expected to do likewise for the navy. Turkish Government Reorganize. Constantinople, -y Sept 30. The Turkish war ministry, received a dis patch from the late Turkish military attache at Paris, who has assumed command of the forces at Tripoli, stating that the Italians began to dis embark yesterday afternoon but the Turks succeeded . In sinking the first two barges. It Is rumored also that Italian forces have landed both at Tripoli and Benghasi. The Turkish cabinet has resigned. Said Pasha assuming the office of grand vizier,; and Kiamil Pasha that of foreign minister, Mahamoud Spef- ket Pasha continues as minister of war. The Italian charge, Slgnor dl Mar- tino, handed the porte yesterday af ternoon a communication Intimating the Intention of Italy to proceed with the measures foreshadowed in the ul timatum. , - ' , This was tantamount to a declar ation of war and as a state of war would give tlaly greater freedom of action in Turkish waters there Is much apprehension regarding the Turkish war vessels at present steam ing in the direction of the DnrdeneUes, lest they are captured by the Italian squadron, wh'lch Is believed to be watching the movements of Turkixh ships. Fear Attat-lH' on Italian Subjects. The British embassy Is concerned for the British officers with the Turk ish squadron and are instructing their government for their recall. Tho question of the protection of Italian subjects In Turkey Is engaging the at tention of the Italian authorities. It is thought that o request will be mad ' to Germany to undertake the protec tion of the'ltalian escutcheons. Thf national emblems have been removed from the embassy, the consulate, the postofflce and the schools, with a view o preventing any untoward Incidents. The newspapers publish the state ment that Italian battleships have ap peared off Smyrna and Ha Ion Ik I. Fol lowing Is the text of the declaration which the Italian charge'' handed to the porte: "The Italian embassy, carrying out the' orders of th king, has the honor to notify you that the delay accorded by the royal government to the porte. with a view to the realization of nec essary measures, has expired without a satisfactory reply reaching the Ital ian government. The lack of this re ply only confirms the bad will or want of power of which the Turkish govern ment and authorities have given such freequent proof, especially with re gard to the lights and Interests of Italians in Tripoli and Cyrenia, "The royal government consequently Is obliged Itself to safeguard Its rights and Interests, as well as Its honor ard dignity, by all means at its disposi.l. Events which will follow can only b regarded as the necessary consequence of conduct followed so long by the Turkish authorities. 'The relations of peace and friend ship being therefore Interrupted be tween the two countries, Italy con siders herself from this moment In state of war with Turkey. I have. therefore, the honor to make known to your highness that pas.-.pcJ't w111 be placed at the. disposal of the charge d'affaires st Rome and I bee; , your highness to hand passports to the rep resentatives of the royal government. Suggest tlie V. 8. M Mediator. Be II port, U I. Sept SO. "For the UnltAl States to act as mediator in the dispute between Turkey and Italy would be to On a magnificent role and prove a great practical step In In ternational peace making." Such was the opinion of the Turkish Am bassador, Zia Pasha, expressed In the course of an Interview last nlgbt "I am absolutely without lats In structions from my home government and without Special ' Instructions I could take no steps In this matter," the ambassador said. "Moreover, If war has been declared I believe It would be local in nature.. In other words I think Italy will limit her ac tion to the occupation of Tripoli and not carry en an offensive and general conflict of nqueat against the Ot toman empire." The ambassador said he appreciat ed the difference' between this war and the sanguinary struggle between Hun Ik ' and Japan, terminated through the Intervention of forifier President Roosevelt and rather fore saw that the present outbreak would be so circumscribed in Its action and presumably to brief in duration that no mediation would be necessary. Nevertheless, he wanted again to emphasize the fact that the powers, twlc In th history of the world had guaranteed the integrity of the Tur kish empire. . . - A woman thinks She eats ho more than a bird just because It Is Ice cream and cake Instead of potatoes. Vaudeville and Pictu'S, Opera House. Visitor! and Tourists Don't fall to visit Mountain Mead ows Inn. Resutlful drive, excellent icrvli'o, dinner pl tU-s a S, I THE .UTS 'r New York, Sept. 30. The strength of United States steel shares leaturcd the stock 'market at the opening, u majority of other active Issues open ing a shade off. In the early trading, tne whole market stiffened. - The market closed strong with tho advunce fully maintained despite ob vious realizing for profits. Cotton Enters 'cw Imw Gi-oiiikI. ;' New York, Sept SO.-The 'cotton market opened barely steady at a de cline of and 12 points. All posi tions except October made new low record during the first few minutes, selling at a net' decline of about 13 and IS points. There was active de mand at the decline point. - Prices rallied" only 3 ' or ; 4 1 points from the lowest during early trading. The south was a, heavy seller. STOCKS. Open. Close. 102 35J 835 120J ' 74 4 95 60S 225J 108 711 .801 128 135 28) 1403 . 46 871 1021 1141 120 -283 189 114J 109 108 26 841 23 " 1601 111 1101 ' .11 21 , . V- J " ' '. Am, Locomotive ......... Am. Smelting 62) Atlantic Coast Line.. . . . Brooklyn Rapid Transit, Baltimore & Ohio. ,...,,' ' 14 48 2241 Amal. Copper .......... Canadian Pacific,...,..,. N. Y. Central Chesapeake & Ohio...., Erie ... .. 30 Great Northern, pfd . . . . . Illinois Central. Mo., Kans. V Texas. . , ., Louisville tt Nashville... National Lead Missouri Paclfle' , . . . . ... ; Norfolk & Western , . . . . Northern Pacific , 113! 1191 231 1374 1071 1071 251 631 1681 oa 1091 10 Pennsylvania . ...... Rock Island . - . ........ Reading ............... Am. . Sugar -'Refining., , ... Southern Pacific ....... St. Paul Southern Railway . . . . . Southern Railway pfd,., Tennessee Copper ...... Union Pacific i U. a Steel ,..'.,. 60 and V. 8. Steel pfd,. .... Wabash V V h , i Wabash pfd , NEW YORK COTTON. Open. Close, . 1, A Ad December ... ,'. . ...... 10 23 10.19 January .,. .'. . .'. 10.11 10.19 Marlh 10.28 10.25 May ... ... 10.41 10.37 Spot 10.S5. , - - LOCAIi BECtrRITTES, Reported and corrected dally by Henry P. Claudius. . - - , i Bid. Asked. Asheville Water 4s.. $ 17.00 Beaumont Fur, 10100 Cltlcens Bank , 144.00 universal Security, ss .10.00 . - Universal Security, ct 11.60 Wachovia B. T. Co. 14S.09 Wm. BrowaeU Mill.. 10.00 Wire .Lassoes Automobile. Atlantic City dispatch to Phladelphiu Record. ' One of the most peculiar automo bile mishaps In the history of the city occurred when k machine driven by u Phlladelphiur." picked up the loose end of a telephone wire at Montpeller and Pacllic avenues, Chelsea, carried It along 200 yards, and came up with such a Jolt that the automobile near ly completed a somersault throwing the occupants Into the street - They were found -stunned by a patrolman, Who detached 'the wire, ' and, going back, found that the pole to which It was attached .had been bent to an angle of fully it decrees. The reigning society belle at Twick enham at present is Mrs. Ratan Tata. Her admirers pronounce her name with their walking can when calling. WANTS FOR RENT One'7-room house with all conveniences. Phone 218 and 268. It FOR RENT One 7 room house with all conveniences. Phone 21S and 258. ' 201-lt PERSONAL. SECRETS FOR , WOMEN--Send 2c. stamp for catalogue of special rub Ltr goods remedies and toilet neces sities. , Kalrbank - Supply House, Dept 802 B, (0 Wabash Avenue., Chicago. ... 4 ; .V 201-lt FEMALE HELP WANTED LADIES, " make supporters. Ill per hundred; no canvassing; ' material furnished; stamped envelope for particulars. Wabash Surply Co., , Dept B, 111, Chicago. 201-lt AGENTS WANTED AGENTS A gold 'mine; 'make 150 weekly; something new; 18x20 framed Religion Art and iN'egro ' pictures 12c; ;iemetidous sellers; 409 per rent profit; get busy quick, Peoples Portrait, Dept. 143, 710 W Madison, Chicago. .'. 201-lt GET THE HABIT WASH THE "NICHOLS 7AY" AND EE HAPPY. . .Phone C5. j.Xi;ki.7r'r, - NEW EYES It is impossible to get new eyes, but you can get the next best thing our Ce-Rite Torie Lenses with' Shur-on - mount ings. Such a comfort and such relief. Quick repairs, v CHARLES H. HONESS : Optometrist and Optician, , 54 Patton Ave. Opp. Postoffice t KIDNEY TROUBLES . ' ; For disorders of ths Kidneys : and Bladder we recommend Nyal's Stone Root Compound as a most efficient remedy. Purely vegetable. Price 60e and $1 per bottle. ' GRANT'S PHARMACY, Agency for Wood's Seeds. For Sale Special . Bargain Large Boarding House, 10 acres land 8 miles out See about this at once. S. D. HALL Phone 91. . 82 Patton Ave. STOVES " We are 1 showing - a large lino of heating stoves, both coal and wood. It will pay you to see us before plac ing your; orders elsewhere. . Terms cash or credit. DONALD & DONALD 14 S. Main St. Phone 441. i , n'j.'la. iff .'. ' i RAY'S PHOTOGRAPH STUDIO has been . moved . to 2 North Pack Square, over Nichols Shoe Store. 1 LET US LAUNDER THEM ALL Let us do all the work of washing and ironing your flat work. It will save you the biggest part of the work of your family washing and Ironing. We will wash and iron and return to you all ready for use your sheets, pillow cases, bolster cases, napkins, towels, table cloths, etc., at a very reasonable charge, Try this service we know you will And It wonderfully convenient. - Phone call brings a wagon prompt ly at any time during the week you Wish. ... :. .-. PHONE 70 A Trial Is' All We Ask. .Swariiianoa Laundry Wo Treat Your LhuTdry Whlte7 I " 1 K7:. --'. -( :, C...' t ' - I i-" " ' I i. ' iM ... 0 - ; v . . ...J'.y TRAVELERS CHEQUES American Express Co's. American Backers Asso's. Most convenient means of carrying funds for Foreign Travel' Can be Cashed anywhere. For sale by ; Wachovia Bank & Trust f :. i - r 4- I nmnnnu Im Lefns install in your home o ur improved hot water heating system which lessens the cost of installation and saves in fuel consumption and assures you summer heat throughout jjroui house in the coldest of days "We employ none but skilled workmen and use the American Radiator Co's boilers and ra diators, and guarantee perfect satisfaction, 4 ' u t v Ball, Thrash & ' Cdig i 5, 7 and 9 East College Street' , ; ' " - ASHEVILLli, N, 0. TRUNKS AND LEATHER GOODS ,7... V--;v-:; y:-y Is our specialty. Money to loan on diamonds, watches, jewelry and anything of value. , , 7 H.'L. FINKENSTEIN Loan Office. ' 23 S.'Main St. Phone 887. Asheville. " STREET CAR SCHEDULE ZILLIC0A AND RETURN RIVERSIDE PARK DEPOT VIA -SOUTHSIDE AVENUE DEPOT VU FRENCH BROAD AVE. MANOR CHARLOTTE STREET TERMINUS, , PATTON AVENUE EAST STREET GRACE VIA MERRIHON AVENUE BILTMORE Depot and West Asheville via Sotrthside Avenue. Sunday schedule differ in the follow4ng particulars:. . . "," ' . ' Cars leave Bquare for Depot via Bouthslde Ave. 6:15. 6.30, 7;0(F, 7:30, 3:00 and 3:30 a. m. Cars leave Square for Depot via French Broad Ave. 6:16. 6:80. 6:45, 7:15. 7:4S and 8:15." , " Car for Depot leaves Square 8:46. "both Southslde and French Broad. First car leaves Square for Charlotte street at 8:45. - - First car leaves Squars for Riverside 3:30, next 8:46. First car for West Asheville, leaves Square 6:30. ' 7 With the above exceptions. Sunday schedules commsnce at I a. m. and continues same as week days. . - . On evenings when entertainments are in progress st either Auditorium or Opera House, the last trip on all lines will be from entertainment, leav ing Spare at regular time and holding over at Auditorium or Opera House. Cat" leaves Square to meet No. 35, night train 30, minutes before sched ule or anounced arrival, j , Our prices ' lerorc t H GUI 'v Buy your ticket and give order (or baggage to be checked from your residenee to destination. Baggage Transfer and Railway Ticket Office tame room, ' 60 Patton Ave." r-v v- " Moving and Stone. CHICHESTER S PILLS lM1rl Afc Tsarilrf4is for tiV-OtiejevU'- i'tKttoovMl H I'll l U K4 anJ 4. .14 b"lrt, rated wttk lii.. ti'4uib Tk On. Bur f tsmip iIAMMI llUAWIl I'll 1 m Y IN EFFECT OCT. 1, 1911. :00. :16. -6:30 a. m. . l:S0 and every It mln. until 8:00 p. "m.J then every-hour until 11 t.' m. Csrs to Santee St, this line, every IS mln. 8:06 to 11:00. v - .5:4b and 6:00 a. m. and every IS min utes until 1:15 p. m.i then every T 1-J mln. until 8:45 p. m. Then every 15 v mln. until. 11:00. ' ", . 6:00 and every 15 minutes until 10:00 p. m. then every 80 minutes . till 11:00. . 6:00 a. m. and every 15 minutes till 11:00 p. m., except ao. car ia - to Square at 10: IS p. m. - - i " 7:00 a. m. then every 15 minutes till 8:00 p. m. 10:00 and 11:00 o'clock cars run through to Golf Club; 6:00 a. m. and every 15 minutes till 11:00 p. m. . 6:00 a. m., and every 16 minutes till 11:00 p. m. - - - fr v- n - 6:00 a. m. and every 80 minutes till :00 a. m. Then every 80 -minutes until 11:06 p. m. 6:15 a, m. and then every le mlnutea antll :00 p. m. Then every 80 nh utes until 11.00, last car. ' S:4I and 6:00 ft. m. and every 80 jmlnules until 10:30, last car. 6hg Coats priced tit ; $J2.C0 to CCD :; rJoday ; The filiowing of Fall Tailore.1 Suits is . now at its best TTe advise our custom- 1 ' ors to buy now and not to delay until the first cool day and have to wait for any al- J teration that might be necofisary. . ' ' f Our woncWfuf suit business during the past month has led us to purchase a line of Tailored Garments never equaled be . fore in this locality. .-' For style nnd beauty they are far in B4lvnnre of any previou display Uiu house has ever shown. To the thinkinsr woman the fact that Bon Marche's Tailored .Suits lave ,nn in dividualityan air nil their own, t have weight when buying tho fall suit. - are even iMore nol. rala tlumi t3 ;"3,f 1. t ! fi-jii 17 1 -r t-cisVin 1 'M'O to i -Mr. l-'!r.tui tiji'ij' in w.is (-..,, 1 'V
The Asheville Times (Asheville, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Sept. 30, 1911, edition 1
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