North Carolina Newspapers

THB KOSIONO BTajl ta oMest dally new rum in North Carolina, to to rabllAkAd dailr ex- oapt Jionaay, wxuw yaar, sto ror u monum, Ejf I or three Bonloa, SO cents tor on montn to mall subscribers. Doll Tared to city sub scribers at tbe rat of 45 cents par month tor any pertoa irom one montn to on year. ADVERTISING RATES (DAlLT) One square one day. tt.OO; two days, $1.75; three days, Jtjg; four daps FVOft; nrw uavs. SO-, one week, H-00, two week. !: thrw vwkt, tS.50: one month, 910.000; two month. J17.00-, three months. J4jOS; sis months, (40.00; twelre month, ) 00. Ten Unee of soiki Nonpartel type make one square. THE WEEKLY STAB Is published eTery Frt day morning at n 00 per year, 40 cento for aU months, cents (or usee months. AU announcements of Fairs. Keetirala, Balls, Hops Picnics, Society Meetings, Political meet tara &, wul be charged regular advertising rates Advertisements discontinued before the time contracted Tor ha? expired, charged transient races for tiro- actually published. No advert tsements inserted in Local Columns at any price. All announcements and recommendations of candidate for office, whether In the shape ot comiuQiiKuUous or otherwise, will be charged ae dTen-finents. Payments for transient advertisement must be rr.Adt- In adrauce. Known parties, or stranger with proir reference, may pay ninthly nr iin:krtrly, accordiug to contract. Bmltttncee moat be made by Check, Draft. Postal U ... -yOrdet, Express or in Registered Letter only suet remittances will be at ti.e I.sk of the publisher. Comm.: icaxions. unless tney contain Import ant new or dlncuss briefly and properly sub ject of real interest, are not wanted; and. if ac ceptable in eery other way, they will Invari ably be rejected It the real name of the author is withneli Notices of Marriage or Death. Tributes of Re spect, Bo.utiona of Thanks, c, are charged for as orlinary adTertlsements, but only half ratee when paid for strictly In advance. At this rate 50 c will pay for a simple announce ment of Marrtage or Death. Advert iD-at- insertea once a week In Daily wlil be cr-:yed fl.00 per square tor each inser Oca. Ev-ry other day. three-fourths of dail; rate. T.ce s week, two-thirds of daily rate. Contrnrt id vert liters will not be allowed to exceed tueir .-iwceor advertise anything foretgr. to :5:elr r mt business without extra charx at trans- :v- rates. BY W1LJU1AJ U. BtKhARD. WjL.MlM.rl UN. WEDKE3DAT MORJTIXG, DEC. 6. A SCHEME WITH A STRISO TO IT. The Republican financiers in the House of Representatives hare a "currency reform" scheme, which steers clear of the banking question, touching it only so far as to make provision for a slightly increased volume of national bank notes, pro vided the national banks see fit, or find it to their interest, to avail themselves of that provision. With out discussing the essential point in this scheme, that is the declaration for toe single gold standard, the glaring defect in it is that it leaves the currency question about where it is now, and makes no provision for a material increase in the volume of currency to meet extraordinary demands, bnt leaves the country dependent upon the national banks, which expire by limitation upon the maturity of the Government bonds upon which their circulation rests. The absurdity of leaving the coun- try which is growing as rapidly s this is, whose volume of business has attained such colossal propor tions, dependent upon a banking system which is but temporary, and in its origin was so intended to be, is apparent to any one who has given any thought to this subject, and has elicited no little well-deserved criticism. In explanation of this it has been said that the intention is to pass this bill, and later formulate and take up for consideration a banking bill. What scheme they have in view to bnild up banks, we do not know, for if they have any the public ha3 not been favored with any outlines of it. In this connec tion the following, which we clip from the Washington correspondence of the Xew York Journal of Com merce and Commercial Bulletin, h interesting and also suggestive. It says: "The fact that a pln f jr refunding the National dot will he ioorporaud in th 3ent Financial bill is arousir jj mu?b i'ltervst anong fiuanciTS and members of Cougress The details of the pi n have not yet been nude pub lic, but the infix-million that the re fundiug rate will b- per cent th ros considerable Jiut upoa the proposition It will be ii ctssary, if the ref jading process takes effect a: once, to fix by law the rates at which the outsUndioj? bonds shall be ex changed for the ne bonds or to give power on the s bject to the Secretary of the Treasury. Toe exchange can not be made compul-tory in the case of ine loog term ootids, ar d in order t make the refunding successful, rates will hare to be fixed which are attrac tire to the holders of the bonds. The adoptioa of an interest rate of 2J percent, upon the new bonds is not a surprise to those who have op posed a Wrr rate upon the ground that the boi.d could not be success fully floated at par. There has been senous discussion of issuing a 2 per cent bond, but the bga rates for money in Europe and the active de maod in the United State finally de cided the committee on the higher rate. European Governments do not insist so strenuously as the United ota tea upon keeping their bonds con stantly above par in the money mar ket. Russian, Belgian and Prussian 2 per cents, have recently dropped below par or fluctuated about the par point, not because any discredit has been thrown up n the issuing Gov eromeaU, but because of the att ac tions to capital held out by industrial enterprises offering higher dividends. "The question whether a 2 per cent bond could be floated at pw was dis cussed a irood deal by the Senate Com mittee and tbe feeling prevailrd th ,i it would be bettor to issue a 2t per cent boud at a premium than a loer bond, which might occasionally drop bell par. as has been the experteuc with the continued 2s issued by Secre tary Windom "It is reported that the Senate Com mittee op Finance expect the refund log bonds to be popular as the basis of ,uuiauuie ctrcuiauoo, but that they wiu not authorize circulation to the par vaiue oi the bonds. They have reason for conservatism upon the latter point if there were any proba to par. The principal of a bond-secured circulation implies an absolute guaranty for the Uc of the note by means of the bonds, and many of the supporters of a bond -secured note sys tern scoff at the idea that auv portion of the security for the notes should consist of commercial assets. ''Notwithstanding the continuance of the existing margin of 10 per cent in the face of tbe bonds,, above the authorized note issues, it is considered tni the new bonds will stimulate an re in the bank note circulation, ro-,d' wlUnot coit so much as an a aT.elaent, they will permit amount i i '"""u upon a sr iven quire so upon the pri """wnce tor loss approach matunC, ill ,k will add to the J" -A" n secured circulatioa W induce bank, to pu basis for note Issues beyond their pits'-nt holdings. ' The Senate committee, moreoTer, will probably accept the House provi sion that the tax upon bank note cir culation shall be shifted to capital, s t plus and undivided profits This abol isbes the tax on circulation, to far as ihe taking out of the notes adds to the tax imposed. There is opposition in some quarters to any refunding plan which involves the payment of a pre mium to the bondholders, even though the transaction involves a large net taring to the Treasury. "This opposition is based purely upon political expediency and would not lie agaicst granting authority to the Secretary of the Treasury to exchange the old bonds upon their maturity in 904 and 1907 for new bonds at par at a reduced rate. This would make a favorable showing as to future saving, without raising any question regard icg the payment of premiums." This is ostensibly a soheme to re fund the national debt, but isn't it a ec heme with a string to it ? As we have been adding considerably to the national debt for several years past and will have added consider ably more by the time we have got our new acquisitions quieted down, refunding may become not only ex pedient but a matter of necessity; but isn't there something else in this scheme besides the refunding of the national debt ? The question has been asked, what is the country to do for banks when the bonds are called-in, and how much note circu lation can be expected on bonds commanding a high premium ? Of course if the debt be refunded the bonds issued in place of the bonds now out will be long time bonds, thirty years or longer, which would proportionately perpetuate the banking system based upon bonds if there were no legislation to the contrary, and the low rate of interest making the bonds less de sirable for speculation might give a larger note circulation, as suggested, so that one thing here in view is providing for the extension of the life of the national banks, the other for more national bank notes, and thus the connection of the Govern ment with the banking system is to be indefinitely continned, and a sys tem that ws origina'ly intended to be but temporary will become a fix ture of lotg duration. The National banks are the crea tion of Republican financiers and the Republican party is rather proud of their work, so proud of it that the representatives of that party are not going to let the life go out of that system if they can prevent it and they will resirt to anything" practical to keep life in it. This, doubtless, is as much of a factor in this bond scheme as the re-funding of the bonds. These Republican statesmen do not like State banks, beeause they want to have all our money emanate from Washington, all the banks operated under na tional laws, and the money centers in the North, as they have been and will continue to be under the present financial system. The establish ment of Stite banks would be an effective solution of the currency probJem, but there is little hope for that unless the constitutionality of the tax on State bank note issues be brought before the U. S. Supreme Court and it should sustain the con tention of those who-hold that the taxing act is unconstitutional. ATS OBJECT LESSON. There are some protectionists who are either deficient in sense them selves, or who presume on the cre dulity of others, who assert that a protective tariff does not foster trusts or raise the price of things to consamf-rs. There isn't a day that we haven't object lessons to the con trary, and there is no person who buys goods and gives any. attention to the movements of prices and the working of tar.ffs who doesn't know to the contrary. The following which we find in the Charleston Sews and Courier is an object les son showing how -it works on borax: "What Republican protection means to the trusts is clerlv shown by the Indianapolis Sentinel by one example of their use of it: 'Wnen McKinl-y increased the duty on borax in 1890 the bjrax trust promptly raised the price of refined borax from 8T to 9J cents per pound. When Wilson iu 1894 reduced the duty from 5 to 2 cents per pound the trust lowered the price from 8 to 5 c-nts. When Dingley in v Ku .uc uuiy uaci io s cents pr pound the trust raised the price to 71 c-jnts, where it has been held during the past year.' Wbat the process means to the people of this country is shown by one positive fact. The same trust sells borax in Europe for 3f cents Jess than half of the price exacted at home." Do the borax shippers ship their stuff to foreign markets and sell it for one half the price they exact from home purchasers, just for fun? Not moch. There are plenty of other ways for them to amuse them selves. They a make a fair profit on what they ship abroad or they wouldn't ship it, and if they make a fair profit on that then they must make a very large profit on what they sell at home at doable the price. But there are scores of other things which are shipped abroad and sold for less than the price demanded for the same articles sold in this country, which, of course, could and would not be done if it were not for the monoply the protective tariff gives the protected. This is so ap parent now that it seems -incredible that any one would have the cheek to dispute it. tTf Cures a Couirh or Cold at onceTl Conquer Croup without fall. Hoarseness, Whooping-cough, and for the care of Consumption. Mothers praise it. Doctors prescribe it. one. nui ooses; qmcjc, sure results.. la.hUailMrU.:!,!,);,,,: TEE PAPER TEUSTS Every bit of paper made and sold in this country nop is controlled by atrnst, the biggest, most grasping and most merciless of which is the printing paper trust, .which is coin ing millions annually out of the newspapers of the country. This trust can't put in the regulation plea that the increased prices have been made necessary by the increas ed cost of the raw material, for it owns unlimited areas of soft woods such as pulp is made out of, and if it pays any higher wages than it formerly paid this is a mere cipher in comparison with the advance it has made on the prices charged pub lishers for the paper furnished. It seems that an effort will be made to secure some relief from this grind ing monopoly, as we gather from the following clipped from the New York World: "A demand will ba made upon Cong-ess at the coming session for a re peal of the duty on woodpulp and a rtd action of the tariff ua printing paper, which will test the sincerity of the Republicans in saying that they are ooposed to duties which foster trusts and protect monopolies. "It will ba shown that neither of these duties is required for the pro tection of American industries, as our manufacturers actually makes paper so much m' re cheaply than it can be made elsewhere that they export it and boist of their ambition to control the paper trad.e ef the world. It will be shown further than the International Paper trust owns nearly all of the available sprue timber iu the United States and controls all or nearly all the water supply contiguous to this pulp wood. In its heedless greed it is destroying our "protected" forests, add thus not only exhausting the pulp material but imparing the water supply. Thereat protection to our forests will come through admit ting free the pulp made from the almost limitless supply or spruce in Canada, British America and North ern Europe. The duty on paper is a tax on intel ligence, a premium upon monopoly. the bulwark of a trust. If Congress shall permit this exaction to continue there is no robber-tax that need fear disturbance. The movement will doubtless have pretty strong supporters when it comes before Congress, for there is not a newspaper in the United States which is not more or less in terested in it, and it will be then seen whether the public sentiment as voiced by the press, or the trust, will have the most influence on the statesmen. Of course, without a protective tariff on timber, and on wood pulp this paper trust could not cut the wide swath it does, for without this it would have to com pete with the paper makers of other countries, and its monopoly of this market would be broken. As it is the newspaper publisher is at the mercy of this soulless, grinding mo nopoly, for he must pay the prices it demands, and grin and bear it, for he can't raise his subscription price, if he would, or his advertising iates, or prices for job work, and thus put the burden on his patrons, as is done in other lines of business, which find themselves heavily taxed by trusts. He has to bear it all himself and the trnat knows it, and still keeps on bleeding as if it was after the last dJop. BOOK NOTICES. The AJlantic Monthly for December presents a fine and varied list of con tents, which the reader will fiud both entertaining and instructive. The leading article is on "Tne Briton and the Boer in South Africa." Published by Houghton, MiffLn & Co., 11 East Seventeenth street. New York. With other interesting matter pre sented in the Novembnr number t.t The University Magazine is an inter eating sketch of John Lucas, and "Scotch Traits in Thomas Carlyle," which won for the writer, Mr. L. R Wilson, the Hume medal. Address University Magaxine, Chapel Hill, N.'C. The net profits of the "Franklin syndicate," managed by the fuga cious Miller, were $414,180, or more than $S0,000 a week. The only cap ital invested was cheek. The single rail plan is soon to be tried between Manchester and Liver pool, England, a distance of forty miles, which is to be made by the trains in twenty minutes. For time snatching this onght to satisfy any reasonable person. CURRENT COMMENT. Stirring events may be hap penings behind the veil which the censorThave drawn between South Africayand the outer world. So strict is the embargo on news from that quarter that as little can be sur mised of what is going on there as if the seat of war bad been removed to the father side of the moon. Phila delphia Record, Dem. Football isn't quite as crazy a cr.-ze as it was a few years ago. The deaths for this season, caused by enthusiastio slugging, number bnt four, as we have kept the ac count. How many young fellows have been permanently injured, of course ,we do not know. The game is probably played in more civilized fashion, than it used to be, but it is thoroughly ja brutal "tport," that ought to be abolished. Chattanooga Times, Dem. A Thaand Tongue Could not express tbe rapture of Annie E Springer, of 1125 Howard fctreet, Phil-del pQia, pa , when she found that Dr. Kine's New Discorerv for Consumption had completely cured her of a hacking cough that for many years had made life a burden. All other remedies and doctors could give her no help, but she says of thisR iyal Cure "It soon removed the pain in my chest and I can now sleepsoundly something I can scarcely remember doing before. I feel like soundii j? it praises throughout the Universe M 80 will every one who tries Dr. Kind's New Discovery for any trouble of the Throat, Chest, or LunirsL Pri ko coot 00. Trial bottles 10 cents at R. R Bzllaxy'8 Drug 8tore; every bottle guaranteed. 4 J PRESIDENT SENDS IN DIS MESSAGE. Tbe Document Was Read Both Houses of the Con gress Yesterday. in ITS MOST PROMINENT POINTS. Cuba, Porto Rico, Hawaii, the Philippine Islands rmy sad Navy The Cur rency Maintenance of the Gold Standard Exports sod Imports Revenues. Bv Telezranh to tne filorains Star. The Message of President McKialey to tbe Senate and House of Represen tatives of the United States, after mentioning the death of Vice Presi dent Hobart, continues, in part, as follows: "The Fifty sixth Congress convenes ia its first regular session with the country in a condition of unusual prosperity, of universal good wiil among the people at home and in re lations of peace and friendship with every government of the world. Our foreign commerce has shown great increase in volume and value The combined imports and exports for the year are the largest ever shown by a ing!e year in all our history. Our exports for 1899 alone exceeded by more than a billion dollars our im ports and exports combined in 1870. The imports per capita are 20 per cent, less than in 1870, while the exports per capita are 58 per cent, more than in 1870. showing the enlarged capacity of the United States to satisfy the wants of its own increasing popula tion as well as to contribute to these of the peoples of other nations. "For the fiscal rear the expendi tures wer $700,093,564 02. leaving a deficit of $89,111,559 67. "The Secretary of the Treasury es timates that the receipts for the cur rent fiscal year will aggregate $610, 953,122, and upm the basis of present appropriations the expenditures will a?grepat- $600,958 112, leaving a sur plus of $40 000 000 "For the fi cat ycarendedJune 30th, 1899. tbe internal revenue receipts were increased about $100,000,000 " Tbe President refers to the national bioking act and urges that national banks be authorized to organize with a capital of $25 000. He says that in t earlier history the national banking act seemed to prove a reasonable avenue through which needful addi tions to the circulation of gold from tione to time be made. Changing oonditions have apparently rendered it now inoperative to that end. The high margin in bond securities re quired, resulting from large premiums which government bonds command in market, or the tax on note issues, or both, operating together, appear to be the influences which impair its public utility. The Gold Standard. Concerning the gold standard, the President ajs: I urgently recommend that to sup port tbe existing gold standard, and to 'uaintain 'the purity in value of the coins of the two metals (gold and sil ver) and the equal power of every dol lir at all times in the market and in the payment of debts.' the Secretary of the Treasury be given additional power and charged with the duty to ell Uoi'ed Siat-s bonds and to em ploy such other effective means as may be necesry to these ends. Tbe authority -hould include the power to sell bonds on I'Mig aad si rt ti ae, as condition niy rtqui-e, and should provide for a r&c of interest lower than th tt fixed v the act of January 14th, 1875 While th-re is nor no ommerciitl fright which withdraws gold from tbe government but, on the contrary, such widespread confidence that gold seeks the treasury demanding paper money i-i exchange, yet tne very situation points to the present as the most fit li g lime to make adequate provisioo io ius lie the continuance of the Hold sraudard and of public confidence in the ability and purpose of the govern ment to meet all its obligations in the money wuich the civilized world re ci guizes as tbe best. "I this connection I repeat my former recommendations that a por tion of the go d holding shall be placed in a trust fund from which greenbacks shall ba redeemed up u present tion, but when once redeemed shall n"t thereafter be paid out except for gold." Our Merchant Marine. Tbe strengthening of an American merchant marine is suggested. There is no lack of co stituiional authority tor legislation which shall give to the country maritime strength commensu rate with its industrial achievements an . with its rank among the nations of the earth. The President is satisfied the judgment of the country favors the policy of aid to our merchant marine, which will broaden our commerce and upbuild our sea carrying capacity for the products of agriculture and man ufacture; which, with the incr ase of our r avy means much more work and wages to our countrymen as well as a safeguard to American interest in every part of the world. Concerning Trusts. The President next discusses the question of trusts, on which he says: "Combinations of capital organized into trusts to control the conditions of trade among our citizens, to stifle com petition, limit production, and deter mine the prices of products used and consumed by the people.are justly pro voking public discussion, and should early claim the attention of Congress. ' It is universally conceded that combinations which engross or con trol the market of any particular kind of merchandise or commodity neces sary to the general community, by sup pressing natural and ordinary compe tition, whereby prices are unduly en haoced to the general consumer, are obnoxious not only to the common law, but to the public welfare. There must be a remedy for the evils in volved in such organizations. If the present law can be extended more cer ta nly to control or check these mo nopolies or trusts, it should be done without delay. "The whole question is so important and far reaching that I am sure no part of it will be lightly considered, but very phase of it will have the studied deliberation of the Co jgress, resulting in tvi C3U nn1 4iitisirfciia a . t i , n ' in wise and judicious action. Foreign Relations. Passing to our relations with foreign sUte, tbe work of the State Depart ment for the past year is thorouiralv reviewed. Tbe Isthmian Canal Commission, which was organized under the terms of the act approved March 3rd, 1899, for the purpose of examining the Amer ican isthmus with a view to determin ing the most practicable and feasible route for a ship canal across the isth mus, is at work and has made good progress. Regarding this matter the President says: "The great importance of this work cannot be too often or too strongly pressed upon the attention of Con- fress. In- my message of a year ago, expressed my views of the necessity of a canal which would link the two great oceans, ' to which I again invite your consideration. . The reasons then preset; ted-for early action are, even stronger now.' , . Tne President reaewslhis - recom-, mendations for an appropriation for a commission to study the commercial and industrial conditions in the. Chi nese Empire and report as to the op portunities for, and .obstacles to. the enlargement of markets in China for the raw products and manufactures of the United 8tate3. The importance of this subject has steadily grown and no time has been lost in studying for our selves the resources of this great field for American trade and enterprise. "Our relations wnn Germany con tinue to be most cordial. The increasing intimacy of direct association ba? been marked during the year by the grant ing permission in April for the land intr on our shores of a cable from Borkurai Euaden, on the North Sea, by way of th-i Azores, and also by the conclusion on September 2nd of a Parcels Post Convention with the Ger man Empire. In all that promises closer relations of intercourse and com merce and a better understanding be tween two races having so many traits in common, Germany can be assured of the most cordial co-operation of this government and people. Great Britain and the Boers. "This government his maintained an attitude of neutrality in the unfor iunJs contest between Great Britain and the Boer States of Afr ca We have remained faith tul to the precept of avoiding entangling alliances as to Mtfairs not of our direct concern. Had circumstances suggested that the par ties to the quarrel would have wel comed any kindly expression of tbe hope of the American people that war might be averted, good offices would have been gladly tendered The United States representative at Pre toria was early instructed to se that all neutral American interests be re spected by the combatants. This has been an easy task, in view of the posi tive declarations of both British and Boer authorities that the personal and property rights of our citizens should be observed. . Cable to Manila. The President invites atttention to the necdssitv of a caoleti Manila with out repeating the otaervatioa of his t.p cial message February 10th 1999. Tbe new treaty of commerce aodaavi gition between this ountry and Japan has given rise to no material com plaints on the pert of the American citizens or interests. The Samoan Question. The recent trouble in Samoa is gone into exhaustively and negotiations which led to the retirement ot Great Britain and the partition of the islands between this country and Germany are described. The recently signed treaty is transmitted to the Senate. Concerning Cuba, the President says : "The withdrawal of the authority of Spain from the island of Cuba was effec ed by the first of January, so that the full re establish ment of peace found the relinquished territory held by us in trust for the in habitants, maintaining, under tbe di ruction of the executive, such govern ment and control therein as should conserve public order, restore the pro ductive conditions of peace so long dis turned by the instability and disorder which prevailed for the greater part of the preceding three decades, and build up that tranquil development of tbe domestic state whereby alone can be realized the high purpose, as proclaimed in the joint resolution adopted by the Congress on the 19th of April, 1899, by which the United States disclaimed any disposi tion or intention to exercise sover eignty, jurisdiction, or control over Cuba, except for the pacification thereof, and asserted its determina tion when that was accomplished to leave the government and control of the island to its peopie. The pledge contained in this resolution is of the Highest honorable obligation atid must be sacredly kept. "By the treaty of peace, the Spanish people oi the island hve until April lltb, 1900. to elect whether they will remain citizens of Spain or become citizens of Cuba. Until then it can not be definitely ascertained whosball be entitled to participate in the for raation of the government of Cuba. By that time, the results of the cen sus will have been tabulated and we shall proceed to provide for elections which will commit the municipal gov ernments of the islands to the officers elected by the people. The experience thus acquired will prove of great value in the formation of a represen tative convention of the people to draft a constitution and establish a general system of independent gov ernment for the island in the mean time and so long as we exercise con trol over the island the products of Cuba should have a market in the United States on as good terms and with as favorable rates of duty as are given to the West India islands un der treaties of reciprocity which shall be made." Our Soldiers aid Sailors. The President recommends that Con gress provide a special medal of honor for the volunteers, regulars, sailors and marines on duty in the Philip pines who voluntarily remained in the service after their terms of enlistment bad expired. "The force now in Manila consists of 905 officers and 30,578 regulars, and 594 officers and 15,388 of the volun teers, making an aggregate of 1,499 o mcers ana 4D,oo men. When the troops now under orders shall reach Manila the force in the archipelago will comprise 2,051 of fleers and 63,483 men. The muster out of the great volunteer army organized for the Spanish war and the creation of a new army, the transportation from Manila to San Francisco of those entitled to discharge and the trans portation of the new troops to take their places have been a work of great magnitude, well and ably done, for which too much credit cannot be given the War Department. Troops ia Cobs and Porto Rico. "During the past year we have re duced our force in Cuba and Porto R co. Ia Cuba we now have 334 offi cers and 10,786 enlisted men ; in Porto Rico 87 officers and 2,858 enlisted men and a bat.alion of 400 m-n comnosed of native Porta" Ricans; while stationed throughout the United States are 910 officers and 17.317 men, aud in Hawaii 13 officers and 453 men enlisted men. The Navy. "It cannot be doubted that Congress will at once make necessarv wovisinn for the armor plate for the vessels now under contract, and building. Its at tention is respectfully called to the report of tbe Secretary of the Navv, in which the subject is fully presented. I unite in his recommen dation that the Congress enact such special legislation as may be necessary to enable the Department to make con tracts early in the coming year for armor of the best quality that can be obtained in this country for tbe Maine, Ohio and Missouri, and that the pro vision of the act of March 3rd, 1899. limiting the price of armor to (300 per ton be removed. In the matter of naval construction Italy and Japan alone, of the great pow ers, laid down less tonnage in the year 1899 than this country, and Italy alone has less tonnage under construction. I heartily concur in the recommenda tions for the increase of the Navy, as suggested by the Secretary. The Philippine Islands. A considerable portion of the mes- sage is devoted to - tne irnuippme Islands. The: President reviews the manner in which we acquired posses sion of these islands and says he bad every reason to believe,, and still be lieves, that tms transfer or sovereignty was in accordance with the wishes and aspirations .of the great mass of the Philippine people. From the earliest moment no opportunity was lost of as suring the people of the islands of our ardent desire for their welfare and of the intention of this government to do everything possible to advance their interests. Tne rebellion must be put down. Civil government cannot bo thoroughly established until order is restored. Tbe Solo Islands. "The authorities of the Sulu islands have accepted the succession of tl.e United States to the rights of Spaiu and our flag floats over that territory. On tbe'tenth of August, 1899. Briga dier General J. C. Bates, United States volunteers, negotiated an agreement with the Sultan and his principal chiefs, which I transmit herewith. ., "Tbe United States flag will be used in the archipelago and its dependen cies, on land and sea. Piracy is to be suppressed, and the Sultan agrees to co-operate heartily with the United States authorities ta that end and to take every possible effort . to arrest and bring to justice all per sons engaged in piracy. .All trade in domestic products of the arc hi pelago of Jolo, when carried on with any nart of the Philinnine islands and under the American flag shall be free, unlimited and undutiable. The United States will give full protection to the Sultan in case any foreign na tion should attempt to impose upon him. The United States will not sell the island of Jolo or any other island of the Jolo archipelago to any foreign nation without the con ent of the Sul tan. Salaries for the 8ultan and his associates in the administration of the islands have been agreed upon to the amount of $760 monthly. Existence of Slavery. "Arti le X. provides that any slave in the archipelago of Jolo shall have the right to purchase freedom by pay ing to the master the usual market value.The agreement by Gen. Bates was made subject to confirmation by the President and to future modification by the consent of the parties in in terest. I have confirmed said agree ment, subject to the action of the Con gress, and with the reservation, which I have directed shall be communicated to the Sultan of Jolo, that this agree ment is not to be deemed in anyway to authorize or give the consent of the United States to the existence of slavery in ihe Sulu archipelago. I communicate these facts to the Con gressfor its information "and action. The Future of the Islands. The future government of the Phil ippines rests with the Congress of the United States. Few graver responsi bilities have ever been confined to us. If we accept them in a spirit worthy of our race and our traditions, a great opportunity comes with them. The islands lie under the shelter of our flag. They are ours by every title of law and equity. They cannot' be abandoned. If we desert them we leave them at once to anarchy and finally to barbarism. We fling them, a golden apple of discord, among the rival powers, no one of which could permit another to seize them unques tioned. Their rich plains and valleys would be the scene of endless strife and bloodshed. Porto Rico Affairs. For the government of Porto R!co the President recommends that Con gress pass a law for the organization of a temporary government, which shall provide for apoointment bv the President, subject to confirmation by the Senate, of a governor and such other officers as the general adminis tration of the island may require, and that for legislative purposes, upon sub jects of a local nature not partaking of a federal character, a legislative council, composed partly of Porto Ricans and partly of citizens of the United States, shall be nominated and appointed by the President, subject to confirmation by the Senate, their acts to be subject to the approval of the Congress or the President prior to go ing into effect. The Hawaiian Islands. Concerning the Hawaiian islands the President says: "The people of these islands are entitled to the bene fits and privileges of our constitution, but in the absence of any act of Con gress providing for Federal courts in the islands, and for a procedure by which appeals, writs of error and other judicial proceedings necessary for tbe enforcement of civil rights may be prosecuted, 'they are power less to secure their enforcement by the judgment of the courts of the United States. It is mani festly important, therefore, that an act shall be passed as speedily as possible erecting these islands into a judicial district, providing for the ap pointment of a judge and other proper officers and methods of procedure in appelate proceedings, and that the government of this newly acquired territory under the Federal constitu tion shall be fully defined and pro vided for." Condemns Lynchiogs. "The love of law and the sense of obedience and submission to the law fully constituted judicial tribunals are embedded in the hearts of our people, and any violation of those sentiments and disregard of their obligations justly arouses public condemnation. "What is said in my inaugural address of March 4th, 1897, I now repeat: The constituted authorities must be cheer fully and vigorously upheld. Lynch ings must not be tolerated in a great and civilized country like the United States. Courts, not mobs, must eze cute the penalties of the laws. Tbe preservation of public order, the right of discussion, the integrity of courts, and the orderly administration of jus tice must continue forever th rock of safety upon which our government securely rests. In conclusion the .President says: "Never has this nation had more abundant cause than during the past year for thankfulness to God for man -ifold blessings and mercies, for which we make reverent acknowledgement." The Hon. Joseph Chamber- Hm ?ev fails to,.talk straight from tne snouider, without reference to the "feelings" of other nations. The Hon. Joseph, however, is sometimes shockingly indiscreet. Baltimore Herald, Ind. Bobbed the Gr ave. A startling- incident, of which Mr. John O iver, of Philadelphia, was the subject, is narrated by him as follows: "I was in a most dreadful condition. My skin was almost yellow, eyes sunken, tmgue coated, pain continu ally in oacK and sides, no appetite gradually growing weaker day by day. Three physicians had given me up Fortunately, a friend advised trying 'Electric Bitters :' and to and surprise, the first bottle made a decided improvement. I continued their use for three weeks, and am now a well man. I know they saved my life, and robbed the grave of another victim." No one should fail to try them. Only 60 cents, guaranteed, at R. R. Bellamy's drug store. t COMMERCIAL. WILMINGTON MARKET. STAR OFFICE, Dec. 5. SPIRITS TURPENTINE Market firm at 48 cents' per gallon for machine made casks ana 48 cents per gallon for country casks. ROSIN Market firm at $1.05 per bbl for strained and $1.10 for good -strained. TAR -Market firm at $1.40 per bbl of 280 lbs. ' CRUDE TURPENTINE Market quiet at $1.50 per barrel for hard, $2.80 for dip and for virgin. Quotations same day last year. Spirits turpentine firm -at 36 36Xj; rosin - firm at 97c$1.02& ; tar firm at $1-20; crude turpentine quiet at $1.30$2 00, $2.00. RECEIPTS. Spirits turpentine 105 Rosin. 971 Tar 419 Crude turpentine 41 Receipts same day last year. 10 8 casks spirits turpentine, 404 bbl 8 rosin, 3U6 bbls tar, 6 bbls crude tur pentine. COTTON. Market steady on a basis of 7c per pound for middling. Quotations: Ordinary 4 13 16 cts. lb u-ooa ordinary 6 3 16 " " Low middling 6 13 16 " " Middling.... 1 " " Good middling 7 " " Same day last year middling 5c. Receipts 1,032 bales; same day last year, 2,859. OOTTNTBY PRODUCE. PEANUTS North Carolina Prime, 85c; extra prime, 90c per bushel of 28 pounds fancy? $1.05. Virginia Prime, 55c; extra prime, 60c; fancy, 65c. CORN Firm; 52 to 52 cents per bushel. ROUGH RICE Lowland (tide water) 90c$1.10; upland 6580c. Quotations on a basis of 45 pounds to the bushel. N. C. BACON steady ; hams 10 to 11c per pound ; shoulders, 6 to 7c ; sides, 7 to 8c. SHINGLES Per thousand, five inch, hearts and saps, $2.25 to $3.25; six inch, $4.00 to 5.00; seven inch, $5.50 to 6.50. TIMBER Market steady at $3.50 to $9.00 per M. FINANCIAL MARKETS. By Telegraph to tbe Morning Star. New Yobk, December 5. Money on call firm at 68 per cent., last offered at 6 per cent.; ruling rate was per cent. Prime mercantile paper 5J6 per cent. Sterling ex change strong, with actual business in bankers' bills 4864487 for demand and 481481 for sixty days. Posted rates were 482 and 487 Com mercial bills 480 481. Silver certifi oates 5S59. BarsUver 59. Mex ican dollars 47J. Government bonds irregular. State bonds inactive. Rail road bonds weak. U. S. 2's, reg'd, 102; u. s.3's, reg a,iU9M jdo.coupon, 109 ; U. S. new 4's. reg'd, 133&; do. cou pon. 133X;U S. old 4's, reg'd,112 ; do. coupon, 1132s; U. S. 5's, registered. Ill; do. coupon, 111; N. C. 6's 127 : do. 4's, 109 ; Southern Railway 5's 108 H. Stocks: Baltimore & Ohio ; Chesapeake & Ohio 29. ; Manhattan L 104; N. Y. Central 133; Read ing 20; do. 1st preferred 58; St Paul 123; do. preferred 172; Southern Railway 12 ; do. preferred 57; Amer ican Tobacco, 115; do. preferred 143; People's Gas 111; 8ugar 151; do. preferred 118 : T. C. & Iron 1122 ; U. S. Leather 11 jf: do. preferred 78; Western Union 87j. NAVAL STORES MARKETS. By Telegraph to the Mornlnz Btar. New York, December 5. Rosin steady. Spirits turpentine steadier at 5152c. turpentine firm at 47 c; sales 30 casks; no receipts. Rosin firm; sales bar rels. . C, D, E, $1 05. Savannah, December 5. Spirits turpentine firm at 48Jc; sales 487 casks; receipts 1,509 cask; exports 126 casks. Rosin firm; sales 1.235 barrels; receipts 6,551 barrels ; exports 1,458 bar rels. Prices uncbanged. COTTON MARKETS. Bv Telegraph to the Hornlnz Btar. New York, December 5. Cotton quiet; middling uplands 7c. Futures closed steady: Decern ber 7.35. January 7.42, February 7.44, March 7.47, April 7.48, May 7.50, June 7.50, July 7.51, August 7.47, September 7.10, October 6.95." Spot cotton closed quiet; middling uplands 7c; middling gulf 8c; sales 480 bales. Net receipts 1,135 bales ; gross receipts 5,092 bales; exports to Great Britain 20 bales; stock 108.920 bales. Total to-day Net receipts 33,898 bales; exports to Great .Britain 5,420 bales; exports to France 5,925 bales; exports to the Continent 4,350 bales; stock 1,021,896 bales. Consolidated Net receipts 133,150 bales; exports to Great Britain 18,938 bales; exports to France 21,635 bales; exports to the Continent 12,429 bales. Total since September 1st. Net re ceipts 3,150,397 bales; exports to Great Britain 812,918 bales ;exports to France 366.078 bales; exports to the Continent 856,205 bales. December 5. Galveston, steady at 7 7-16c, net receipts 5,609 bales; Nor folk, easy at 7c, net receipts 2,209 bales; Baltimore, nominal at 7c, net receipts bales; Boston, auietat 7c,net receipts 1,671 bales; Wilming ton, steady at 7c, net receipts 1,032 bales; Philadelphia, quiet at 8c, net re ceipts 859 bales; Savannah, quiet at 7 5-16c, net receipts 7,313 bales ; New Orleans, easy at 7 7 16c, net re ceipts 11,253 bales; Mobile, nominal at 7, net receipts 2,454 bales; Memphis, quiet and steady at 7 7 16, net receipts 4.553 bales; Augusta, steady at 7 7 16c, net receipts 1,556 bales; Charleston, firm at 7c,-net receipts 361 bales. PRODUCE MARKETS. By TelesraDh to the Morning Btar. New York, December 5. Flour was fairly active and very steady on the basis of yesterday's prices, which jobbers met rather freely. Wheat- Spot firm; No. 2 red 73c: options opened steady and unchanged, devel oping into positive strength and activi ty on the bullish Ohio State report and small interior receints. tos-ether with steady cables, absence of liquida tion and general covering. Closed firm at &lc net advance; sales were: No. 2 red March closed 75c; May . ciosea 4c; July closed 74Mc; De cern ber 72c. Corn Spot strong; No. 2 40 c ; options opened steady and un changed. Later advanced sharply on prospective light receipts, covering and absence of December liquidation, market closing strong at &?c ad vance. May closed 38c: December closed 382c. Oats Spot firm ; No. 2 29&c ; options quiet but firmer. Lard firmer; Western steam closed $5 60; December closed at $5 60, nominal: refined firmer; Continent $5 85. Butter firm : Western creamery 23a27c: State dairy 1825c. Cheese strong; small spoiizxi3c. Kice steadier. Petro leum firm. Pork strong. Potatoes strong; New Jersey $1 001 37; ew xora: ti ool 40 T , $1 25V 75; Southern .wiSWfM 225; Jersey sweets $2 ,'252 B bage quoted quiet. Molasses . C& Freights to IaverpoViCot4 29d.!ffee-llot no.- i invoice yc; sso. 7 iohh; miid steady: feordor.JO .b ?? Sugar-Raw steady; refined l1 Chicago. Dec 5. rw .. Flour easy. Wheat-No 2 llT No 3 spring 6263C; Ka 6667c. Corn-No 2 I1 30J4c. Oats-No. 2 22 V 2A& 2 white 25; No. 3 wft '. 25Mc Pork, per bbl. f Vn3 Lard, per 100 ft t 75 Short rib sides lOCs- ,4 gU 25. Dry salted shouidert, ft z7, 25. Short clear side, box, ?5 5 35. Whiskev Bu'ev I; -253 goods, per gallon, 1 niSl)M The leading future . lows opening, high-si', '' ' closing: Wheat No. 2 nl an 64?. 65 6464, gsS' May WttCDK. MX. 68 682. Corn No. 2 De.pmk' M ffV 3030Kc; JanuaTygft 3030, 30, MH30Kc- J?& 32, 32M 88J,. 32Kfec ? December 22, 22&2i 22imt 23, 2424Jc. Pork, per bhi cember $8 50, 8 60, 8 50, 8 50 iZ e" $9 55, 9 65, 9 55, 9 65; May ?3 9u70?3.Lard- Per SoJj $5 25, 5 30, 5 22, 5 30 ; May 'fti? 550, 542. 5 50. Short rihl.V Dtt-uecember $5 05, 5 07, 5 05 5 January $5 07, 5 15, 5 0?? !; May $5 22, 5 30, 5 22, 5 30 B; Baltimore, December 5 -jo dull and unchanffe . Wheat firaJT spot and month 6969&c- Jam,, 70M7ic; Nfay7oic'as4'sout2 grade 6670c. Cora &r 37H37c; month 8737ifc; n2 or old, December 36 37c- stflm. white Oak ana yeiiow corn steady No. 2 white 3232'4c. FOREIGN iARK;- r Bv Cable to the Moraine star. LrvKBPOon, December 5 4 p. 54 Cotton Spot, good business done prices favor buyers; American m;J dlmg 4 11 32d. Tne sales of the dar were 12,000 bales, of which 1,000 were for speculation and export, and in cluded 10,600 American. Rxflipta 26 000 bales, including 12,000 .bWs American. Futures opened and closed steadi an mu nuvuuoj a.ui3ri-jaa miaauaw' m. c.) December 4 11-6 14 12 641 buyer; December and January 4 964 4 10 64d buyer; January and Feb ruary 4 8-64d buyer; February awl March 4 6 614 7-64d buyer; Marcb and April 4 5 644 6-64d seller; April and May 4 4 64 4 5-64d seller; Mar and June 4 3 644 4 64d seller; 3aa and July 4 2 644 3 64d seller; Jut aad August 4 2 64d seller; August and September 3 63 64d seller; Sept ember and October 3 55 643 56 6ld buyer. MARIN K ARRIVED. Stmr E A Hawes, Smith, Clew Run, James Madden. Stmr A P Hurt, Roheson, Fayette yille, James Madden. Steamship Saginaw, 1,429 toos, Johnsen, New York, HQ Saiallbones Standard Oil Barge No. 53, Standard Oil Co. CLEARED. Stmr Seabright, Sanders, Calabash and Little River, S C, Stone, Rourk & Co. fltmr IT1. A VTa-araa Smith f!Li.1i .Tamps Madden Stmr A P Hurt, Robeson, Fayette ville, James Madden. Clyde steamship Oneida, Staples, New Yor k. H G Smallbones. MARINE DIRECTORY. List of Vescela in thelPo" aULSton W- n.. Bee. IG . r wii 1899. STEAMSHIPS. Astrea (Br), 2,110 tons, Barry, Bracken burg. Alexander Sprunt & Sod. Skuld (Nor), 913 tons, OlseD, Alex ander Sprunt & Son. Ormesby (Br), .1,828 tons, Robinson, Alexander Sprunt & Son. Haslingden (Br), 1,220 tons, Higgini, E Peschau & Co. Baron Innerdale (Br), 2,139 tons, Mc Neill, Alexander Sprunt & Son. SCHOONERS. Wm F Campbell, 201 tons, Strout, J T Riley & Co.i Ira B Ellems, 263 tons, Marston, Geo Harriss, Son & Co. 1 BARQUES. Antonio (Itl), 499 tons, Cafiero, Heide & Co. River Thames (Nor) 454 tons, Quale, Heide & Co. Johannee (Nor), 473 tons, Thorwn, H K Nash, for Paterson, Do nisj? 4 Co. Colin Archer, (Nor.), 639 tons, Maf tinsen, Heide & Co. Standard Oil Company No. 58. Stan dard Oil Co. Maria Dolores, 610 tons, Bonneau, Navassa Guano Co. Binks "Who originated foot ball?" Jinks "Some undertaker, I dare say !" Pick-Me Up. The farmer's wife who raises chickens, knows that tney must have food enough first to satisfy to hunger, then enough more that w flesh ana X1JC1K.C before tsey will begin to lay. In plain words you've got to put into the hen the form of fow what you get out of it in the shape of eggs. An ul nourished hen lays no eggs- The dinerem between the farmer's wife and her chickens is uw she fancies she can take out of herse" . yj . . .. daily cares and toils what , she does w put back in the form of nourishment w nerve and body. But she can't. J'00"" later the woman who tries it breaks dow The-warning signs, of physical Drea down are, among others, headache'S stomach, flatulence, pain in side or t difficult breathing, palpitation 01 heart. These are only some of tne dications of a derangement of the s ach and organs of digestion and nu tion. The one sure remedy for J.j, Vii k-.Vyii -J . , A ..WW uiscovery. wnicn sireiij;i.iicJ';' -,ues ach, purifies the blood and nounsn and invigorates the neves. Mrs. Martha E. Barham, of totaW George Co., Va.. writes : " I coramenceo Dr. Kerce's Golden Medical Discovery in 1807. also his ' Favorite Prescription, a" frt- , i ,r,,c the si""- not express the benefit I have """hattW these medicines. I was suffering witn w doctors called chronic inaigesu""' not do mtJS 1111 fc" ... and vertico. The -doctor aia pains in chest and an uneasy feeling was also suffered with female weakness. uwiu run-dowu and could not do any worK . ai to gooa. out suffering from nervous : ?ou for advice. You aaviscu "'j.FavonK lerce's Golden Medical Discovery ana r resciptiol., When I mraen"nds, no 1 medicines I weighed only 1 12 -PXljr. weigh 140 pound!. I thank God and w Pierce for say recovery."