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i i! i - it HEWS AND UBBERVER. 1 U PVtUBsSb DiltT (iXCEPt MOSDIIND ' . j :- Whim. r TmlsEwa &. OBSERVER CO J. 1. MRB, B41tr. Duly m "year, by m&u postpaid, siiiritbA, " - .f r T 00 150 i n T9 go uw sdmtered without payment, and no pa per sent alter llie expiration of tun paid tor. FRIDAY, SEPT. H," 1888. !IinOfIlATlC ROmiVEES. KUCTlOX. TUESDAY, iovsasbar etk. BATIOSAL. TICJKZT' J Itt PtESIIEIT : GROVER CLEVELAND, t of Hew Iwk. i 1 ' FvK nCE-PEESIDEIT : ALLEN G. THURMAN, - -,t Ohio. 1 - for. ELECTORS Stat! at La&qk: j ALFRSO M WADDELL, of Keif Hanover.l i FRgDfBICK N. BTRUDWICK of Orange, 1ST rnrr.-UEO. H; WBOWN, Jr., of Beaufort. Jo Dist.-JOHN K. WOODAKD, of Wilson. So Uiht.-CBAKLEB B. AYCOCX, of Wayne. Ith Duvr .-4. H. UOB80N: of Burry. th Ur .-SAM DE't J. PKM BEKTON, of Btanly ITH DraT.-X-KBOXO. CALDWELL, of Iredell. srn DWT.-TUOMA8M. VANCK, ofCaldwell. vth Uit.-W. T. CBAWFOBD, of Haywood. 8TATETICKET. ; FOB OOTXBBOB J DANIEL Q. FOWLE, of "Wake, i Itob LnTOT. OOVIBNOB : THOMAS M. HOLT, of Alamance.! . Jfor Associate Justice : of nreme COttrtto fill the the Su vacancy caused by the death of Thomas 8. Ashe: ' L ; JOS. J. DAVIS, of Franklin. For Associate Justices of the Su preme Court under amendment to the Constitution: JAMES E. SHEPHERD, ' of Beaufort ' ALPHONSO C. AYERT, of BurkeJ fOB SKMTABX of state: W1L L. SAUNDERS, of Orange.. FOB TBBAST7BXB : ' , DONALD W. BAIN, ( of Wake. WIEUITIWCH OF PUBLIC IN8TKUO- ttos : SIDNEY M. FINGER, : of Catawba. FOB ATTOBHIY. OI5XBAL - THEODORE F. DAVIDSON, i of Buncombe.' J- I FOB ATTDITOB : . Q. W. SANDERLIN, I of Wayne, j - FOR CONGRESS FOCBTH DIBTBICT : i B. H. BUNN,, of Nash. I TO COCHIY COMnlTTs&KSj AMD OTH ERS. ' Wa will make special rates at 3 Terr low price for the Waxi.t Naws Asd UBBXBYZB Dy WC iiunarva. jivukj tat camDaim DUTDOses cannot be ex- ' peaded mm better way. Die tribute pur home matter, bearing on the lo cal issues here at home, rather than foreicn matter. Put a copy of the Njrws asd Obsibvkk for the campaign ie the bands of etery doubtful roter. That is the way to redeem your coun ties. That is the way to make con yerta. That is the way to ! do good work in thia campaign. Write lor tarms of the WiASxr Nkws', asd Ob- ska tab by the 100 for the campaign. Thi storm in Gates seems! to have been a cenuine" cyclone. Elsewhera wa print a graphic account Of its ray urea in one neifirhborhood. We fear iorther adyioes will lengthen the list of disabteri considerably. ' It appears that the Republicans were even Jinable to hold their own inylfiaine. The Democratic candidate received a larger yote than bias at any - time beeri given to any straight candi date of his party. Mr. Blaine and the rest of the Republican leaders "hol lered before they got out of the w oods," and must be whistling now merely to keep their courage up. They have no other reason to be glad. Akadics, ex-King of Spain, Duke .'Aobtaand brother to King Hum bert, of Italy, whom he will ' bucceed on the throne in case of the death of the Grown Prince, who is an invalid, married Tuesday in Turin, the ancient home of the Savoys, the Princess Letitia Bonaparte, daughter of Prince Napoleon Jerome and Princess Clo tilde, and hence bis niece. The mar riage was made the occasion of a CTand dienlav. but is without politi cal significance save that in it for thej first time since lbou a member ol the house of ..Bonaparte eaters through matrimony OD6 of the leigning f ami lien of Europe. There were few prommeat guests, however, present from France. MK88BS. A YCOCK AKOSPKAR. Wk are requested to announce that the appointments of Messrs. C. B. Ajcock and O. J. Spears for Eliza bethtown and Centreville on the 18th and r.Uh insts. have been withdrawn by mutual consent. Appointments for points named will be made later. All other appointments will be filled as heretofore-made. UOCKKHVITKBETIS 14.. At the election in Richmond county in Oliver II. Dockery, the pres ent Republican candidate for Gov ernor, voted as follows: To represent the public in the Leg islature he voted for Ua-vey Quick, a negro lawyer, against Jo'jn V . Sneed, one of the beBt white farm?rs of Uich- mocd county. For Coroner, he Voted for Falix ay, a one-legged Confederate sol- , - KJ ler. l or Register of Deeds, he voted for ne N. 'VV. Harllee, a negro man, l l CI! tl.o d universally esteemed in me bounty for his courteous bearing. ; TUB BPKCItL. TAX BONDS. At the election held in AprillStft, for tho adoption of the Constitution, members of the legislature and State officers were also voted for. IAlge numbers of white men were not fal lowed to vote while the negroes wre admitted to suffrage without otBer sanction1 than the command of ihe military eatrap who sat in regal 6tate ak. Charleston in South Carolina. The success of the Republican party was duly imnounced in General Orders and steps were, taken to convene (he new legislature on July 1st. As tfee meuibers of that body came up to' be sworn, most of the Democratic mem bers were ordered to staud aside iOn the preteLce that they were "barred" and could not be admitted to ttiir seats. Later ibis ruling was relaxed as to a majority of them and the Sfep a'e allowed seats to ten Democrats and the House to twenty-five. , ; , On July 4th, amid great rejoicing by the Republicans, the new govern ment was formally inaugurated. The change was complete. . So thorough at all points bad been the victory of those who supported the Reconstruction measures that tfee Republican leaders felt every assdr- an co oi a long perioa or political domination iu the State. They 'at ouco bepau the work of securing the spoils, of recasting the laws, and pi creating what they called "a new North Carolina upon the wreck of that der "old North Carolina," whoae traditions were so honorable to or people. ' I Liegislation aaecting tbe negro rtee was tne nrst to receive attention, aloDg with some provision to prevent, anticipated resistance to tbe new gov ernment. X ben came tne fpoils.l Even at .the Special Session the work of plunder began, and the harpies fixed their talons on the publio treaa ixew isorto vroana needed a penitential y and $100,000 of bonds were issued and; made away with ia that connection.; And ''New North Carolina" needed railroads and a cry went up lor internal Improve ments," and railways were projected from every town in the State without regard to cost. It was a well de vised plan. It appealed to the inter est oi every community. - H. county and every town was to be oil a boom, immense strides were to be made immediately in material pro gress, and the whole State was to be developed at once by means of Iof ternal Improvements. Such was the song of the sirens: Such were tire promises of Deweese and Laflin and Littlefield and the other plotters fof the spoils. Uut . surely bonds woult be necessary. Surely the State mual subscribe heavily : surely the admin istration must appoint the officer! and the officers must be of the faith! ful. And so it happened that everi at the Special Session the Western North Carolina Railroad was cut ia twain and six millions of toads were ordered to be issued to the Westerfli Division. Of this part George Swepson, a man bf large wealth ana principal stockholder in the largest bank in the State, was. at once elected president, and " his name addeS strength to the Republican cause. At that time our - people were pool indeed. . Our personal property haJt been swept away .and our lands werl all . but valueless. Labor was disor ganized, and oar industries wer3 unremunerative, while the ashes desolation were still hot with the em bers of the war. Taxes to pay the; current expenses of government wer collected with difficulty, and two mil. lions of interest was past due on th "old debt," which then amounted to! fourteen millions of dollars. But neither a bankrupt people, nor? an empty Treasury, nor two millions oi interest past aue couia arrest tne plans of the conspirators, nor diver them from their scheme of d1 under. I On August the 20th the legislature directed the Treasurer to fund the. interest, issuing bonds therefor, and,? with a great show of honesty, ordered him to pay the -Interest thereafter ! promptly; and then, having borrowed $100,000 to pay their per diem, they adjourned their special session. The vampirea had, however, in those two months obtained it taste of blood, and when the Assembly reconvened in November their appetites were well whetted. ?; Deweese, a carpet bagger, was a leading spirit, then just budding into a Representative in Congress from the metropolitan district of the State. Byron. Laflio, who. bore the title of "General," and was the carpet-bag Representative of Pitt county, was a able coadjutor. Milton int tie Meld, also a Federal "General," who-had found congenial employment in rob bing the negro refugees congregated near Beaufort, S- 0.had been invited up to help "work the bands," and had come, tbe Prince of Bummers,, with a fine person and richly apparelled, lordly in his carriage, destitute of conscience and unblushing in his dishonor. Called to assist in; the contemplated robberies, as some skilled burglar might be called to aid village novices in a big job, he naturally took the leadership and soon became the central figure in Republi can councils. Knowing well how to play bis role, he bought the Republican organ, the Standard, and assumed his place in the fore-front of the Republican poli ticians. He was made public printer when the work yielded a clean $20, 000 a year. His power was immense. "The faithful" of: the Republican party submitted tiiemselves to his dictation and were hxppy in his smiles. His word was a favor and a word from him made the fortunes of men. He set the1, fashion of living, a fashion of drinking and carousing , a fashion of getting things without paying for them a fashion altogether agreeable 'to his tools and accom plicesand his power waxed great t-r and greater as he drev the leaders of the faithful closer around him. With his money he was liberal, and he paid his men well. It was so easy to give an order on Swepson, and Swepstn had the entire cash of a back at com mand. Extravagance and corruption ruled the day, and jobbery wes shameless. Littlefield established iu. a room in the west end of the capi tol a free bar where all who chose to drink and smoke caroused at his ex pense, lhose who claimed his friend ship were his perpetual guests. -And so, with wine and women, he and his friends led a gay life, debauching all who longed to be debauched in those first months after the ushering in of New North Carolina. With the paltry stealings we do not concern ourselves. : Iu October the taxes bad come in and now the Treasury was getting again. The N. C. R R. had is sued to the State by way of dividend $18,000 of railroad bonds, and thtsa were Bold in b job lot for $118,000. and than was being rapidly abBorLid and co provision made for paying t.htk tnfnrAst. f&llincr tin A in .Tarmiv' - : o . : j The State wag on the eve of bank ruptcy. ; Interest falling due aDd no money to pay it! But Littlefield and Deweese and Laflin and their confreres talked only of progress, and inter nal improvements, and of New North Carolina! Bonds! Bonds! Bonds! Their plans found more or less sup port among the represen'ativesof the counties interested, and opposition to thtir adroit schemes was abortive When their power to control the Assembly was definitelyetermined the triumvirate announced that no railroad bill should be allowed to pass unless the road receiving tie appropriation should agree to pay them one tenth of the amount. They contented themselves with taking titheB. Swepson fond it necessary to ap ply for an act curing the defect in the bonds issued - to bis road, because they were not special tax bonds, and he agreed to pay bis ten per cent and at once began to make the payment. He not only paid cash to the' leaders in the enterprise, but also paid tbeir orders in the bands of various mem bers of the Assembly. But while - he was a sort of paymaster in chier, the money came tnrougn tbe King. Littlefield was the fountain whence the golden stream issu. d, tbe edi tor of the Standard, tbe Public Printer, the fountain of Republican favor and honor. As the money began to circulate freely and the members who shared the loot plied the free bar and basked in 'he smiles of Little field all were very happy. Before the Christmas holidays Swepson had dis bursed in cash $75,000; and before the middle of June he had paid out JZUU,UUU. Ihev bad a very merry Christmas and ayery merry spring time these Republican brethren who Were giving a new, birth to old North Carolina. And Littlefield, with his great black beard the new Black Beard Pirate of North Carolina waxed greater and greater, and be came the Uncrowned King of the Re publicans in this state of that era And debauchery - and corruption thrived in the purlieus of the capitol. It was indeed a royal time; money was so plentiful 1 . "Don't I owe you $40,000," casually asked Swepson of Dr. Sloan, "for not voting against the A, 1. it O. R. R bill?" "Ye-: give ma $20,000, and hand (he balance to Gen. Laflin.' That is but a emnpl. In addition to the cash the Ring obtained, it re ceived $633,000 in bonds. Railroad biils when introduced were kept back, and the whole batch were known as the omnibus bul Provision ai made for all. None weie to be left out in the cold. . While it was given out that no bill could pass 'without an agreement for ten per cent of the ' bonds, yet this agreement was not always made by the president of the company,: but sometimes on behalf of the company by those who expected to profit by the appropriation.1 Thus we find agreements made on behalf of com paniea not yet Chartered: for rail roads of which the public knew noth ing, corporations created simply to support appropriations of which the Ring could get its one tenth. Agree ments were made on behalf of rail roads whose presidents, being Demo crats, were to be ousted, so .that Re publican successors could be substi tuted. Among the bonds authorized to be issued that winter were the follow ing: ? WiUiamston & Tar. R. R. . Western R. R i Oxford B it j, . A T. & O. R.K. ...L... Northwestern N. C. R. B. Est'n & Western R. R. . . Western N. 0. R. R. University R. R. ....... . Suffolk K. It W. C. &R. KB....J.... $2,700,000 1,500,000 2,000,000 2,000,000 2,000,000 2,000,000 8,000,000 300,000 850,000 4,000,000 $25,350,000 In addition tbe convention had is sued a large amount of bonds, w bile the old State debt had grown to $16, 000,000. ' ' '- That wax a heavy load forNev in ortn uaroima to Dear an impover ished people, without money to pay lawful taxes; without funds to pay interest on tbe old debt to nav $25,000,000 added to an existing debt Of $16,000,000. And the treasury empty x et that was Republican ad ministration I! w a 1 j 1 m n ' ' j in April tne iunua were running low and Treasurer Dave Jenkins was anxious for the Legislature to get away, for they were an expensive set. To pay them he had to do some more Republican financiering. ! Tbe Educational Fund owned $420, 000 of stock in the W. & W. It. It., and W. & M. R. R., which he sold for $158,000, and with thiB Educational Fund and with $100,000 borrowed from Swepson's bank, he paid them off and they went away went away m April to come dbck in November. What would thev find when thev returned? 1 J t is to Le remarked, that the $25, 000 000 of bonds authorized t ) be is sued were not to be issued gradually as the roads should, be built or as the bonds were needed ; nor was any feciirity required for their proper utte v-nor was any condition or limitation Imposed in regard to them. That would have interfered with the duo execution of the agreement for the payment of one-tenth to tbe Ring. Tbey were to be issued as called for. Swepsou drew his first towards the clofce of the year aud after that oth ers as tbey could get them. At first the price tanged about .60 cents, but during tho summer, when millions on millions were thrown on the market, the bonds began to depreciate Iu tbe meantime the Wilmington & Weldon Railroad, fighting the com pletion of the Chatham Railroad, brought a suit, Galloway vs. Jenkins, Treasurer, to tfst the validity of bonds authorized by the convention to be issued to the Chatham Railroad, and tbey were declared to be uncon stitutional; and in July, 1869, in a eae known as tbe University R R. Co. VttjHoldn, the Supreme1 Court held that appropriations made to corpora tiotts not in existence . re iuTalid, and in consequence of that decision: and of the opinions filed by the differ-; ent members of, the court, maDy Of the appropriations fell to the ground as unconstitutional. Is another suit, called the Kehoe su t, ic was said that im Lee hauled to Judge Halts, who ' -ard the case, a batch of $5,000 in bonds, und; the i scandal i f this pro- , eeeding brought odium oa the bonds. : fAs a matier of fact only about $14, 000,00, out' of 125,000,000 of bonds authorized,;, were actually issued. ror was the validity ci tnesa un questioned! i During the progiwi of tho legislature leading Damocra'ts and tbe public pres8 denjuuce-.l the wholts proceeding, ; questioned t'io validity of the l-gi-jature, debited us right to binH tire people. and serve.! notice on the world a& large that tho lax taers of Old ortfa (Jaroliu disowned thea bonds, disavowed thoir validity and would never pay them. Among other objections, it was urged that the Constitution estab lished k limit Of taxation, and that this limit could not be exceeded merely: by calling the unconstitutional tax in excessoi tne limit a "special tax;" but the promotert of these schemes held tbar where a "special tax" was laid the constitutional limit did not; apply. And so to pay tbe in terest on these bonds they levied "special taxep," which gave them their name.-' These taxes amounted to 94 cents On tbe hundred dollars. During tli summer interest was defaulted aud the value of tbe bonds declines. ! Sweraon had deposited the greater part of 'his bonds as collateral secu rity in Kew York for a loan of about one million dollars, about $720 000 of which He invested in Florida Railroad stock and bonds, whicb, in the end, yielded; no : money. As the bonds sank ii v.klue, tbey were thrown on tbe in like t arid the depreciation was hastened. ;. .At length,! in Saptembe-, a great effort was made to restore their mar ket value. It was given out the bonds would soon advance, and a combination 'was made to bull them. Swepson, Littlefield, A. J. Jones, president of ; the Western K. R , and Dr. Sloan, president of the W. N. C R Ii, .and -others, along with the Governor of ;the?; State and the State Treasurer, had ;a meeting iu New xork and tne details oi tne arrange ment were agreed on. Sautter & Co. had been the finan cial agents of the State, and now these were discharged aud Clews & Co. succeeded them. An' agreement was made by the railroad presidents to the effect that they should go into a pool and use their bohds on hand as a margin to buy in other bonds on the market, and that certain other parties should go in with them to make the move inent lively and create tbe impression that there was an extensive and more general demand for tbe bonds. The cool beincr formed. Andrew Jones. Littlefield, $wepson and Branch & Co. put theip bonds with a firm styled Utley & Dougherty as a margin to carry out this programme. And the speculation began. Laflin, Martin dele, Moore and others were also par lies to the speculation. It tfaa agreed that the Treasurer should make; advertisement that the interest then long in' default would be paid on presentation of coupons in Raleigh and the speculators agreed to furnish him with, the cash to pay the interests Besides, the Treasurer had replaced the $158,000 borrowed from the Educational Fund, and that was used to buy bonds and bull the mar keU And $125,000 derived from the gale of land scrip for an agricultural college was Used m tbe same way, Under such manipulations the bonds advanced a few cents: but just as the speculation was beuinninir to work. the gold panic of that year set in, and suddenly all sorts of stocks and bonds dechneds and' in a few days the ruin was complete, xbe loss on margins bteins to have been somewhere in the neighborhood of $300,000. The bonds deposited as margins were sold for song, and the whole isBue of special tax bonds for internal impiovi ments peteied but. ; Andrew Jones, president of tbe Western Railroad, did save enough to lose a batch at faro, and Josie Mans field, a noted courtesan of New York, it appears, got her share out of the wreck. - It was a Waterloo for tbe North Carolina railroad presidents, and dis astrously involved Swepson, who had entered into : tbe affair with a large private fortune at his back. He re tired from the! presidency of his rail road and Jjitueneld was elected in October las his successor, and the funds of that company were abso lutely dissipated. Jones bad nothing to show for the bonds of his com pany, while Dr. Sloan, who was late in getting his bonds from the Treasury, refused to share ic the losses of tbe pool and deposited his bonds with Pickerell & Col, from whom he was never able to redeem them. The whole issue was lost- Quickly following 'bete events tbe legislature again convened in regular sessiOD. ?The few Democrats in the body were active and aggressive. But the leaders of; the Republican party were determined to retrieve the disaster if possible. U hey pointed out that but $14,000,000 of special tax bonds bad been issued, and the taxes were coming in to pay tbe interest ; that tbe entire State debt .was but $30,000,000, and what was that to North Carolina That there was only oue road Open, and that was to press on Sustain the credit of tbe State; tax the people; pay the interest, and look to tb future development of tbe Stale to settle the principal. But the people were not so complaisant. Tbe public mind was greatly ex cited. At once measures were intro duced in iboth Houses covering the whole ground of the special tax bonds. Ri-t')(itMiiiH to investigate railroad fraud?; bills to prot-ct tb interest of the State snd to n quire accountably on tb pa't. i laiirond officials; bills f' bidding the piynit-nt of inttret.t urnl ; arre.f in;,' ;he colli c tion of spi'tiitl tixtir-; Im1!h fui Ud.ln.g the Treasurer to issue any moru ds and requiring tbe railroad presidents to turn in to the State Treasuiy all on hand undisposed of, and repealing all of that legislation. The excitement was intense. The Democrats in the legislature, backed by a tremendous public sentiment, pressed these : measures and were heartily and zealously aided by those Republican members who had clean bauds and proposed to rescue the State from the pile of profitless debt that had been accumulated so reck lessly. Charges of corruption aud fraud that had been whispered came to be cpeuly spoken, and the question went round "Who had borrowed money from Littlefield or Swepson? One week after the organization, Mr.Pou, of Johnston, moved that the House go into committee of the whole to investigate these matters, and af ter a struggle the motion was carried, and the next day the committee of the whole House sat. The developments were slow. The committee had to send for papers and witnesses. Ob- Btiuctiona were interposed at every step. Is was not until after th Christmas recess that work was be- gun in earnest. On January 13, the Senate passed a resolution to appoint a committee of three to investigate, and on the 20ih, Phillips, Bragg and Scott were ap pointed by Lieutenant Governor Caldwell, a bitter partisan but a man with clean hands, and soon began an investigation. The Sena'e, also passed a bill repealing all this i ail- road legislation, which came to the House on Feb. 16, where it was fought with great desperation. Dil atory tactics were resorted to to de feat it without avail. Motions to amend, to substitute, to refer con sumed day after day, but the friends of the bill, under tbe leadership of Tbos. J. Jarvis and Mr. Pou pressed it on to its passage. After it had passed its third reading, a motion to reconsider was successful by one vote, and the bill was postponed for looked, indeed, as if Littlefield had fully regained hia mastery over the House. But eventually Mr. Pou was able to carry his point and the bill was paiaid The investigation by the House in committee of the whole bad not an- wered tbe purposes iutended. Lit tleueld's influence dominated its pro ceedmgs. I he meetings were post poned from time to time and wit nesses refused to attend or declined to answer or answered evasively. Littlefield bull-baited the House and made his examination a passing jest. He turned the proceeding into ridi cule and bore himself as a hero with conscious strength rather than as culprit at the bar of justice- But the Bragg commission was making investigations at the same time and a crisis was being rapidly reached. : On March 4th the House, in com mi i tee of the whole, spurred up by the proceedings of the Bragg commis sion, resolved that it would pursue the matter with greater diligence and that the committee should not ad jOurn for more than two days at i time. ; Ard on the same day the House passed a resolution directing the Sen ate Commission to report its pro ceedings up to the 11th of March The purpose of this move was evi dently to interrupt tbe investigation : The day following, the Bragg Com mission naa ijittleueid before it on examination, and the House, at the instance of the committee of the whole, resolved that Littlefield should not be required to testify in regard to' his dealings with private parties, but that he might be examined in re gard to his transactions with mem bers of the legislature. : On Monday, March 9 th, however, the House resolved that Littlefield might be excused from appearing be fore the committee of the whole Evidently the trail was getting very Warm, lhe fox was being run to cover. Another Maynatd had brought the Black Beard Pirate to close quar ters, and fears were felt lest other witnesses would give away tbe whole business. A supper was given at the tote) whtre many of the Republican leaders Were present, and oysters, wre and cigars comforted the faithful Speeches were made by Littlefield and other leading Republicans on the necessity of repealing the Bragg Com mission, as it was said the Democrats could make political capital out bf the investigation. Littleheld, however, struck the bull's eye when he said, "if they knew as much about that Bragg .commission as he did, they would vote to repeal it the next day That was an irresistible argument. It was most persuasive. It was so agreed and the next day Saturday, March 12th, when the Com mission made its report under the ret - olution calling for iS a motion wai promptly made.to discharge tbe Com mission. At once tbe contest began. Had Littlefield the power to domi nate the Senate as he had dominated the House? Did he hold the majority in his hand as against the fair fame of the. honest people of North Caro Una? The vote resulted in a tie! But honest Caldwell broke tbe tie and voted against tbe motion to dis charge the Commission. Without avail, however! Col. Ham Jones moved to continue the Commission, but Senator Sweet again moved to discharge it and Idttleheld carried tbe day. ' A few days later, a bill having been passed appointing some of the stock holders of the V. N. C. Railroad a committee to settle with Swepson and Littlefield for the funds of that cornpun;. , and ;hat com mi, tee being about to assemble heie at Kaieigb, Littleiieid teized bin carpet-bag, aud as .he was coinicg out of the hotel, saw Col. Ham Jones. Stop ping a moment, ho said: "Cul. Jonep, I am about to leave town My de parture will be tbe subject of much comment. I do not wish to l-ave without telling some one that I am going. I therefore tell you now that I am going." And, jumping into a waiting omuibus, he w .s soon on his way to Florida a fugitive from jus tice. At the ensuing election tho Demo crats were successful and tbe policy of tho State becaiuo fixed not to recognize any obligation on the part of the people to pay these bonds. They gradually sank in value until at leuglh they were quoird on Wall street, without sal-s, at three cents on the dollar Then the -d of tl e Federal court vas mvi k d and suits were biouli nguirist the S'nle by I he boiiilhoMi?. h. In ore suit iLey sought to make the S'aie Treat urer pay into tbe Federal court all moneys that had been collected under the "special taxes" imposed to pay the interest on these bonds; and in an other a mandamus waarayed re quiring the Auditor to include these special taxes in bis abstracts for the sheriffs of the State to collect by. These proceedings awakened great publio interest, and serious apprehen sions were felt lest some action might be taken by the Federal court that would bonds. force the people to pay the A convention to amend the Consti tution was called to meet in 1875, and Tbos. J. Jarvis, one of its men. bers, offered an amendment to the Consti tution forbidding tbe Legislature to pay or adjust these bonds without first submitting the matter to tbe people. This proposition wa, bow ever, rfjected by that convention. Among tboe who voted against its adoption was Hon. Oiivt-r H. Dock ery, now a candidate for Governor. Happily, however, tbe various suits relative to tnese bonds were deter mined adversely to ibe bondholders. And in 1880 an amendment to the Constitution was adopted embodying the very proposition offered by Jarvis ard rejected by tbe convention of 1875. But still the bondholders did not relicquish hope, and more re ceu'Iy Morton, Blies & Co , the prin cipal of tbe firm being one Levi P. Morton, a candidate for the Vice Presidency of the United States, brought a sut against the State which is still pending'. une or the difficulties in recover ing judgment against the State on these bonds is the provision iu the Constitution of the Uuitid States to the effect that no State ball b sued in a Federal court by a citizen of an other State. To flank that varii in Northern Stales Lire pasted Iawb au tborizing suits to be brought iu their own names on tbe bonds of other Stages held by tfcoir citizens;' and in the suit of Temple vs. North Car olina another flink movement was at tempted. Temple is a citizen of this State and Judge Bond held that being a citizen of North Carolina ttiat pro vision of the Constitution did not apply, and he gave judgment aguinst the State. Thereupon the Sate ap pealed and the case stands on appeal in tbe Supreme' Couit of the United States, if that appeal be withdrawn, Judge Bond's judgment against the S ate stands. In view of : Vol. Dock ery 's record on this Subject in the convention of 1875, if he is elected Governor of tho State, what assur ance have the people that he will not withdraw that appeal and let the judgment against the State stand? Besides, we are told by the bondhold ers that they propose to apply to Congress to pass a law requiring States to pay their obligations to taKe up tbeir bonds. Levi P. Mor ton, one of the bondholders, is a can didate for the Vice Presidency and on a tie would, if elected, have the cast ing vote iu the Senate. Tne interest on these bonds amounts to $1-6,000,000, and the prin cipal to i4,uuo,ooo, making $30,000, 000 in all of these special tax bondB, It would destroy our people entirely u we were lorced to pay this vast sum. Anlniaraae Braaw J rreated. Cor. o the Sews and Observer. Chablotte, N. C., Sept. 13. TT -r f. norace opice, an insurance broker, of Baltimore, was arrested here yesterday afternoon by She, iff Cooper at the Central Hotel, charged with adjusting the late loss of tbe Charlotte Compress Company, which was insuied by companies not author- izeu io uo Dusinesa in tnis state, Mr. Spice acting as their represtnta tive. He is now held in custody Interestirg developmoi t, probably wui com or mis case. Oulpre Cleveland-Pawl Clh. Cor. of the News and Observer. Otfcipra Mills, Mill Point, N. C Sept. 10, 1888- ine said club had tbeir second meeting last Saturday night, with membership of 85, and txpect to have at least lib at the next meet ine mi 11 P xueiouowing c racers were elected H. b. Battle, president; W. P. Ire land, nrst vice president; S. Jf Martin second vice president; J. A. Graham Jr., secretary; W. H. Williamson, cor responding secretary. J. A. Graham, Jb , Secretary. A handsome complexion is one of the greatest cnarms a woman can possess x-uzjsom s complexion rowd r gives it. Unnecessary taxation is wnmt tax ation. Cleveland's Letter of Accept ance. Dysoepsia, Constipation. Sick Headache, Biliousness. These diseases vonstitutute three fourths of the ailnw.nts of humanity. Ia there a positive cure ? Yes "I Buffered wiUi Dyspepsia and disordered i.iver. aua would IrexiieuUy throw up bile. procured a bottle of Simmons Liver Regulator, biki ncr uaiug uau oi 11 was completely cured. One of my lady customers told me the Xeeulator completely cured ber of sick headache. 1). Uwi, Cedar Kaulds. Iowa. In red, on I m-e roai tou (tei me renuine, with tbe Z-stamp it of wraDDer. 11. Zbilin & Co., Philadelphia. Pa. EDUCATIONAL. Mt. Vernon Institute, New No. 16 Mt. Venion Place, iValtlmora, Md, Mm. Julia R.' Tutwl'erand Mrs. Robinson Not UuKliain. priuciiials. Koullsh. French aud lier niaji. Hoarding Slid day school for young ladies anu uiiin gins; prepares ior coiupe j science, art, music; regular and special courses. Reopens heptrmber aeih, lt8. For circulars address principals, or can on Alfred Williams ft Uo. KALEKH MLE ACADEMY. IIuuh II. MoasoN, 1 D . . . C. B.1)KN80N,T 'jPmpeJ- The next annual ' session begins Bep teiuber iki, itoyg and young men prepared for college er for busiueea pur suits. Full classical, scientific and com mercial courses. The teachers have had long and successful experience. Board in the city at reasonable rates. For cata l&itue or special iufurmaticu addrees the principal. ST. JOHN'S COLLFGE V O K 1 H A M , NKW YORK. This colleee enjoys the powers of a University aud is conducted by the Jesuit fathers, it is sit uated iu a very beautiful pail of New Yo county between the Harlem K. & L. 1. Sound, livery facility is given for the best classical, scientific and commercial education. Board and tuition per year 30. Studies re-open Wednesday, Sep tember 5th, 1S88, ML John', flail, a Dreoaratorv school for Doys irom iu to rt, is unuer the same direction. For further particulars apply to Re yv John bcully. a. J.. rresidtut. SALEM FEMALE ACADEMY, SALKM, IV. C. Healthful location : beautiful ground imni bifildiiiKS with comfortable atudv-Darlors : aieen. lux alcoves ; bathing rooms ; well traded and ad vanced eourse ol study ( especial schools In music, art, languagea and commercial studies; rettued home life, with (rood Christian training; special care ol the Individual pupil- eighty-four years of continuous experience and soore tnaa i.uuo Alum- Bwna ior eatuiogue ana circular. AND NO FOOLISHNESS. Everything in the way of. SUMMER GOODS will be sold at and blow coet from July 1st to September 1st, to mike room for my FALL STOCK. Come and get goods cheaper than eve You Saw EBefore, Oil stores, bath tubs!, fly fans, c, & . Am prepared and ready to do pint ' ing, in all its branches. All work warranted and satisfaction guaranteed. HARDWARE, i Sloven and House FurxuahiDg Goods, J. C BREWSTER. Edw. J. Hardiu, Grocer, Offers at all times- a complete and carefully Selected Stock Of all seasonable sabstantials and luxu ries of the PROVISION TRADE Meats, Fish, Fine Butter, Fine Teas, Coffees, etc. etc. Canned Goods of the most approved oranas, including ine reaches, rears. Apricots and Cherries of the "Golden Gate Company" of Sam Jose. BEST CANNED VEGETABLES, Corn, Tomatoes, Asparagus, Succotash, sc., oc. PRESERVES, Jellies, Sauces, Olives, Flavoring Ex tracts, and everything else in the way of SUPPLIES For special announcements from day to day, see the local col urns of this paper. E.J.HARDIN. (0 3 O O eg CD S3 O r CD NOD o CD a. CD 53 SB) 03 GO g 7 t4 o 02 . ts S o .2 Z) (33 0) Cm O WATER! WATER! No beer, Ac, bat all the popular Ice-Cold Non-Alqoliolic Beverages. 0 DRAUGHT, i Skilfully prepared and dispensed from the Largest Apoaratus in the State. Also fine selection of Uv ported and domestic Come unci Noo Us, LEKJ0HNS0N&C0. OPPOSITE POSTOFFICE, KALBIOH. K. a SPECIAL BARGAINS In suitings and all varieties of custom made CLOTHING. I, WINETROU, MERCHANT TAILOR, NO. 8 WEST MARTIN STREET. (Opposite Postcffice.) The best euoda stylishly and substan tially made up at REDUCED PRICES. all and see me and examine soods and find out prices for yourselves. ine reduction in rates is bona fide. Very respectfully, I. Winetrob J10B SALE. I A 50 horse-power automatic enaiaa good condition. Address, i JVtiM B.1WOOD, Supt Haleigh Ice Factory, Baleigh, W. O. STEAM AND GAS FITTING K. C. Insane Asylum. VISITORS at tne Lnsanj Aiylum will hrretfter be aimittea only on WEDNESDAYS, Between U a. m. aud 0 p. m. This rule haa been found nece-rary on account of the injurious effects of excattive visiting . upon the io mates. By order of the Board. EUGENE GR1SSOM, Superintend nt. THE HAMMOND Type Writer The most PERFECT machine ever of fered on the market. THE BEST For Speed, Mrenfrtb.Chanreable Type, Perfect Aligiiuicut, Beau lysna liiirauiiity. i The only Type Writer awarded a 4uLU MFDAL at the Now Orleans Exposition. It has many advantages over other writing machines, and the work done on it is PERFECT. It Cannot Get Out of Alignment ! It is Ao Liable to Get Out of Order It Cannot Collide leith Itself! It has open-end carriage, which admits of paper of any width or length, and has changeable type. tEverf machine WARRANTED PER FECT. Price complete, with two sets of type, $100. Send for catalogue. T. A. MONTGOMERY, State Agent, Raleigh, N. C. NORTH CAROLINA Home Insurance Co., Of RALEIGH, N. O. Organized la 1868. Has been insuting property in Worth Carolina for eighteen yearn, with agents" in nearly every town in the State aoces sible to railroads and east of the moun tains. THE HOME, Solicits theprlronageof property owners in the State, offering them safe indem nity for losses at rates as low as those of any company working in North Carolina. CLASSES OF PRrEKTr IISCLO : ' Dwellings in town and country, mer cantile risks, churches, schools, court houses, society ledges, private barns and stables, farm produce and live )tock, cot ton gins. Insure in the North Carolina Home Insurance Company. W. S. Pbxkbosk, Chaa. Root President. Sec'y nad Tress. W. G. UrCBCBCH, P. COWPKk Vice-President. Adjuster. Office ia Briggs' Building, No. Fr, tortile street, Telenhnn Ho, ftl. Richmond Locomotive AND MACHINE AVOKK8, RICHMOND, YL i Builders of locomotives, standard or nar row gauge, adapted to every service. Engines and Boilers, ( 15 to 200 Horse Power). For all purposes. Complete steam plants for factories and Mills. Improved SawMills. Capable of catting 5,000 to 80,000 feet of lumber per day, with patented devices for accurate and rapid work. A large lot of small engines and boilers, from 4 to horse power "Tanner A Delaney" for sale low t? close them ratt Write for catalogue and estimates on your wants. .-. W. H. Surgre&H, Salesman for North Carolina, jul2-Smo. Greensboro, N. C. NTSW CORNED Jliad Roe. SHAH) R01E J.R.FERRALL&CO 223 FaytttevilU tit We are receiving today first arrival new corned shad, roe, packed in pails. New N. C. corned mullets. New N. C. Family Flour. To arrive in a few days -JJew catch No. 1 mackerel. fjphe celebrated Pine Honey. Pickles packed by Mr. KiJd, of Rich mond, Va. jice Virginia ham, fpelephone No. 8. CITIZENS' TRUST CL'MPW RALEIUHN., O., Solicits and is empowered to execute TRUSTS OF ALL KINDS. TO MAN ASK PROPERTY AS Afent Tor Owhen) To Buy and feir Property, COLLECT IlEINTH ' LOOK AFTER TAXES, ! BUY AND SELL SECURITIES; To issue negotiable certificates again tt goods on storage upon which money .can be obtained at the Lowest Baling Rate and to do all hnalnr iuiiaIIv Hnn Trust Companies. C M. HAWKLN8, President. w. k. AnutRsow, V)osFrafUdeat ' P. M. VILBOir,Oashiss'. i ; i P
The News & Observer (Raleigh, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Sept. 14, 1888, edition 1
2
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