Newspapers / The Weekly Star (Wilmington, … / May 31, 1895, edition 1 / Page 1
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' .:V UBUSHBO AT (TON, n. c; IN ADVANCE. S88S8S888888888 88gg?8SSg 888888888888888 88888888888888 88888888888888 I2888S88282888888 ipiioW I J88838S8828888888 irS88SS28SSS88883 88888888888888838 1A I T at n io o e- eo at - oo jj g gg Jottrtd ' the Post Office at wumtgton, n, Second Clan Matter.! C, M SUBSCRIPTION PRICE. fje jowcnpu"" i- fallows: ij II flA Smoattu aw a ARGUMENT FOR STATE BANKS. 1 llbere is now going on in this coun- what may be called a campaign 0f education on the money question and the PopIe are getting more free instruction on that subjecttban they eVei got before in all their lives in same time. Most of the teachers arM volunteers wno nave enlisted tor lull or partial service In the cam- t. ' 1 -all mInra m AV am t leva a njign, WliiCu win tiuac oumc iiujc jboot November iyo. in me mean time the presumption is that the peo ple will have learned what "sound noney" is and whether they can get lone with the silver dollars they al-1 ready have or will need more. Bat the campaign is a gooa ming ana is to be regretted that it wasn t in-. igurated sometime before 1873, for auz it had been we feel sure that the stupendous folly or stupendous cheat of that year would never nave been perpetrated and there would be no occasion now to be throwing dust in- totheeyes of the people and trying to make them believe that was a square honest transaction and that it was a good thing lor the country, discovery which comes very late in the day for some of those who now talk that way. In addition to learning a great deal about silver and gold that they never knew (and that nobody else ever knew)-about ratios, parity, per capita, and all that sort of thing, they have also learned, if some of the gold standard teachers are to be relied upon, that this country can get along pretty well without gold or silver either, and that, therefore, all this' squabbling about- it is "much ado about nothing," -and a lavish taste of time, statistics and oratory; bat the .aforesaid teachers, all the same, stick to gold and insist that it mast be the money for Uncle Sam's folks and the balance bf mankind. 1n his joint discussion with W. H. Harvey, In Chicago, recently, Pro fessor Laurence Laughlin, in answer Mr. Harvey's argument for free silver, asserted that for many years prior to 1873, the year inwhich sti ver was demonetized, there was neither gold nor silver in Circulation, and that the country got along, grew and prospered without either. That was an interesting statement and the more interesting because true, but not literally so, for there was some silver and gold in circulation, al though the volume was small com pared with what has been in circula tion since. In his speech at Covington. Kv.. Secretary Carlisle substantially re iterated that statement. AeceDtincr 'tas true it presents this financial question in a new phase and 'gives "se to the inquiry that if we could get along for a long period prior to 1873 without either ornlH nr silver hat is the use of contending over ttem now and why all this tomfoolery about keeping up our credit abroad, preserving the parity between our Afferent kinds of money and all that ina of stuff? e did business with other nations ben iiut -U 9 in mn i. though not quite so much, perhaps. They bought our wheat and meat, r-and we bought such of their Products as we had any use for" ney paid us for what they bought, ""Q -We natH ttiom nh.. ught, and our credit ranked A, Nrt 1 A ..... nna an tbis, be it remem- 7J, when we had neither gold nor s'lver in circulation. That was after abolition of th United Stat 1L ' . - and for some time before the establishment of the national banks, UP to the time of the issuing - in? greenback and the establish In f r . pi the national banks, which El .1.- r,. me aiate banks, there was banks. rutauy no mnnv hnr th State ,l notes so that the business of ne whole country must have been -neaon with these notes." There "s nothing else to do It with. When "e were destroyed the greenback me national bank note took tUeir rK .. . i"-c, bo mat we had a paper tin?07 from somewhereaboutl834 -v, auuui iorty years, in wbicn ana silver.didnt figure as cur- iactors at all. wessor Laughlin, who de vout hiu..- j Sieves m eoid as the one no? u,y genuine money metal, may "ve intended to assert that la banks were all that the people ',rt MlNC IkaioortiSl S3$Sg -i .11 U- T2S8 VOL. XXVI. Jyl did daring a considerable portion of he period to which W referred, but mat is whatiie did assert though not In so many words, and it follows that If they could.do it then they can do' now. Vs-, .v..:-; . Of course these notes were based on coin, either 0( gold ot silver, which was( deposited in the bank vaults as i . k security fund for the notes issued. Ia affirming the statement of Tiofessor Laughlin; Secretary Carlisle ' substantially admitted the same thing, and both have furnished one of the strongest' arguments yet advanced in favor of State banks, all the' stronger because there is no theorizing or experimenting about it, for their usefulness and efficiency to meet the demands of the country were demonstrated when there, was neither gold nor silver in circulation and the business of the country de; pended npon them; . Isn't snch a system as that worth reviving and perpetuating ? - , , MINOS UENTION. .;. There is a zrowine sentiment in this country that the revenue laws are to a great extent so framed as to exempt the rich from taxation and impose the burden on the poor, or on persons of moderate means. Whether this sentiment be correct or not there has been more or less foundation for it in our tariff laws, and also, in de cisions by some of our courts, culmi nating in the recent decisions on the income tax by the Supreme Court of the United States. The St Louis Republic t one "of the leading Demo cratic papers in the West, but a very able and conservative one, voices this! sentiment in the following, sug gested by the recent decision of the Supreme Court: "Senator Hill was the only member ot either House of Congress tc lav down distinctly last Winter the principle that the Federal Government should levy none but indirect taxes and tbat all di rect taxation of property should belong to the States. . . "In effect, the Supreme Court has de cided that te Constitution and Senator Hill agree. By means of tariffs and ex cises the Federal Government can tax consumption, bat cannot, unless it calls on the States for apportioned contribu tions, tax wealth either accumulated or in process of accumulation. "In other words, the Federal Govern ment can tax poor people, while rich people may settle with State Govern ments alone. "For the 'year ending last Inly the Federal Government collected $181,818, 630 of customs revenue, $147,111,232 of internal revenue and $75,080,479 of postal revenue. I These three items constituted about the whole of its receipts. The in ternal revenue is collected from spirits. fermented liquors, tobacco and oleo margarine, with a few special taxes. The Government is, therefore, supported almost entirely from the consumption of food, clothes and drink by the masses of the people. Since the postal revenues do not quite pay the cost of the postal service, the rest of the Government re lies for existence, on increasing the cost of food, clothes and drink. "If this is right, Senator Hill's propo sition should stand as the policy of the nation. . ' Is it right? Will it be allowed to stand? There has been remarkable activ ity in the wheat market lately, and the Indications are that the prices will keep up. They are now twenty- five cents a bushel higher than the lowest point reached after the finan cial panic set in. . The improvement in prices is variously accounted for, some holding that it is merely specu lative and has no bottom in it, others that it is simply following as a result of the general improvement in con ditions, others tbat it is the result of bad weather and reports indicating a reduced crop, and others that it is the result of a falling off in the crop of exportable wheat inArgentina and in Russia, accompanied by the exhaustion of the stocks on hand in importing countries, wnicn is probably the best reason given. About the poorest is that given by the gold standard anti-silver men, who, in the effort to make some cap ital out ot it, assert that it is the re sult of the re -establishment of con fidence by the determination of the administration to adhere to the "sound money" policy . and meet all the obligations of the ' Government in gold, which has j had no more to do with the price of wheat or cotton than it has had to do with the recent . v . ' cool wave that swept over the coun try. It has not been suggested, and yet it is possible, that the money powers wno are interested in Kimpg the free silver movement, may have had something to do with bulling the wheat market. w ; ... The Marquis of Queensberryand his son, : Lord Douglass, were re quired to give bond of $2,500 each to keep the peace towards each other, but the old man wished it to be perfectly understood that he could maul the Lord, and announced that he was willing to fight him for $50,000 anywhere or at any time. With the exhibition that some of the titled aristocracy of England have been making of themselves lately gentility may be looked lor In the humbler, walks of life. - w The fact that puffed sleeves re cently saved two young women in Ohio from injury, in being thrown from a carriage, suggests puuea sleeves for bathing costumes. They would help the girls ride the break ers and keep right end up, a right hard thing to do sometimes. , RALEWHrNEWS BUDGET. REPUBLICANS DISTURBED AT ACTION r : OF BOARD OF ALDERMEN. - . BtrMt CommlsMohev and btbw otty Ofll otals lHeotei-Pfouble Abonr Eleotlon . S ot Tx ObUeetor Anothar Case Asaiaat the Caraleich Fnoapbata Works . Bottlea-Saaator BnOar 8tudyln Iaw. . :r Star Corespondence " I t'V Ralwgh; N. C. May 25. The action of the Board of Aldermen last night is the sole topic of conversa tion to-day on the streets. The Repub licans do not doubt that the Democrats acted according to Taw, but they say the city attorney should have informed the Republican aldermen ot their duty to file an account of expenses incurred dar ing the election. They all look sick, for the fact is that they were caught by one of their own laws. -'-.z -'-. Republicans are saying to-day that Mills and Honeycutt, the two Demo crats elected last night, are Ineligible on the same grounds that Stewart and King and the others. were. .Mills and Honeycutt were defeated and failed to file their accounts with the clerk. Had they been elected by popular vote they would be ineligible, but being elected by the Board of Aldermen, it makes the two cases altogether different. ' Dr. James McKee was4 re-elected Superintendent of the Board of Health without opposition. - . , .. . As the Star predicted yesterday, Y. W: Blake was elected Street Commis sioner and there were five changes in the police force, as well as two additions. A board of equalization of taxes re quired by the new charter, was also elected, consisting of C. B. Root, W. S. Primrose and W. J. Hicks. .' 'The authorities at the Asylum made request to connect two fire alarm boxes with the city fire alarm system, and that they would bear all the cost. The mat ter was referred to the Fire Committee. Mr. Frank Stronach, the obstreperous Democratic , alderman who bolted the caucus three weeks ago, refused appoint ment on any of the committees. . Register of Deeds Rogers has investi gated to know what position he will take in the matter of the election of a Tax Collectot for Wake county. This is an office created by the last Legislature by a special act applying only to Wake county. It was sneaked through and passed out of spite to Sheriff Page, be cause he happens to be the only Demo cratic county officer. The bill virtually robs the Sheriff of all emoluments at tached to the office. Provision was made that the election of Tax Collector shonld by the County Commissioners and Board of Magis trates in joint session, ..Section 710 of the Code, which, is the only law provid ing for the meeting of magistrates, was repealed. A special act is said to have been rushed through the Assembly later, providing that they should meet )he first Monday in June. The law provides that the tax collector shall be a consta ble elected by the people. Mr. Rogers, who is Secretary ex officio to the County Commissioners, says the register is not connected with the meeting of the Board of Commissioners, and he does not in tend to have anything to do with the matter. ( The case of R. L. Powell vs. the Cara leigb Phosphate Works came up to-day. There was no trial of the case and Pow ell had iadement entered against him self and paid the coms in the case. It is rumored that the case was hushed up. It came with a big blow and ended very tamely. The commencement at Peace Insti tute began last, night. About fifty stu dents of the A. & M. College and others left on an outing to-day by special train to Tule Carr s farm, Occoneecbee. The rain ' has been coming down steadily since yesterday afternoon. Farmers and merchants are quite des pondent over the Fall outlook. The Public Printers, Messrs. Stewart. of Winston, are charging about three times. as much for some ot their work as did Edwards & Broughton. The same work Edwards & Broughton d:d for the R. R. Commission' for $31.88, Stewarts charged $109.51. Senator Butler is studying law at his country home in Clinton.. He will enter the Chapel Hill law class this Summer, and orobablv aoDlv for license." . Jap. Johnson, an outlaw, and one of the oldest moonshiners in the county. was capturedJast night. He made great resistance and tried to escape. j BOLD BURGLARIES.. A Bealdenoe and a Store Balded by Thieves. ' The residence of . Mr. 'Chas. Hum pbrevrbn Church street, between Sixth and Seventh streets, was entered by a burglar Friday morning last about three o'clock. Mrs. Humphrey was awakened at- the hour mentioned by the bur glar, a tall negro man, entering the room on the second story occupied by herself and husband. The man bad a lighted lamp in his hand which he placed era the bureaukand began ransacking the drawers. Mrs. Humphrey awakened her husband who jumped, out of bed and chased the bold intruder down-stairs and into the street, where he escaped. It was found upon examination that' the burglar, notwithstanding - his hur ried exit, had carried off a gold watch and a pocket-book belonging to Mrs. Hum phrey. In his flight the burglar dropped his bat, which may perhaps lead to his identification. The lamp he used was takep from the kitchen.where he entered the house. It is thought tbat this bold burglary was perpetrated, by some one was under the impression Mr. Humphrey who was f mailiar with the premises and was absent from the city, at Southport, where be had been for a week, but re turned that nieht. , t Friday night the store of Mr. R. E. Ward, on : Market street was entered through the back door, the thief forcing it open. . The money-drawer was broken open and some loose change taken. Died Suddenly. .. . ' Miss Maggie Moore, daughter of Mr. R.,j H. : Moore; died suddenly Friday evening after a short illness. She was engaged to be married . next . ..Tuesday night. Her funeral took place yesterday evening at 4 o'clock from the residence, on Fourth street, between Bladen and Harnett Interment in Bellevue Ceme tery. Death of BIr. Jamee A. WiUard.., Mr. James A; Willard, brother of Mr. A. A. WiUard, of this city, died at bis home in Baltimore last : Friday night, aged 71 years. - "J - Deceased was lor manyyears a resident of Wilmington, and among the leading business men of the city. Some ten or twelve years ago be removed from Wil mington to Baltimore, where he resided up to the time of his death. The remains will be brought here for interment and are expected to arrive to-morrow. V V JoiJbiMJLi i iaTAK. r& : - WILMINGTON, . G.,i A PROSPEROUS INSTITUTION. c d - Th Maxfjn Bnilding ap4lan Aaaooiatton. Show aa Average Pre fit of Over roar teen Per Cent, 'or 8lz Series of Stook. Though operating in a limited field, the Maxton Building and Loan Associa tion is a striking illustration of the value ot such an institution even in small towns. It began business in 1889 and has Issued seven series of'stociY and the annual ? statement,Hrecently published; shows the profits per annum of the sev eral; series to May 4tb as follows: ' First series, 916-100 per cent.) second series, 1287-100 per cent.; third series, 15 82-100 per cenL; fourth series, 20 83-100 per cent; .fifth series, 13 16-100 per; cent; sixth series,-16$$ per cent - The seventh series has only been running abonta month. -The total expenses of the As sociation. including1 taxes,.- last year amounted to only $212.81. ' The present value-per .share is as follows : : First se ries, $95.69; second, $91.31; third, $83.02; fourth, $79.27;-flfth, $64.90; sixth. $21.00. These are Instructive figures.! But the prominent feature tq investors is the fact that the average profit on the six series is about 14$4 per cent, per annum. The Star does not think such a record has ever been made! before by a Build ing f Association in North Carolina; and it shows such ; excellent management that the Star gives the names of the officers and directors as follows: President, J D. Croom; Vice-Presi dent, J. S. McRae; Secretary and Treas urer, W. B. HarkerJ Directors, Frank McNeill, E. F. McRae, G. B. Patterson, Ed. McRae. G. B. Sellers. J. S. McRae J. D. Croom. Attorney, G. B. Patterson. Ordered to Hew ield of Dmr. Lieut Alex. R. Hasson.of the Colfax has been detached and ordered to tem porary duty at the Naval War College at Newport, R. 1., for a course of instruc tion in torpedoes, high explosives and the general strategy of-naval warfare. Summer consists The1 class for the ot a dozen or commanders in more captains and the navy and about the same numberj of junior offi cers, one lieutenant of the Danish navy and two officers of the Revenue cutter service. Lieut, Hasson leaves to day for Washington J and will report at the War College on June 1st As this detail is only temporary it is probable that he willj return to this sta tion at the expiration of this, duty and finish his term here, which expires next Spring. During the course the Lieutenant will devote himself principally to the study of electrical appliances best suited for small vessels, such as those in the Revenue cutter service. I " While Lieut Hasson is to be congrat 1 ulated upon being selected for this im portant work, his numerous friends in Wilmington cannot but regret his depar ture. With the Star they commend him to all he may meet in his new field of duty as a high-toned, and accomplished gentleman. Work at Carolina Beach. A large force of men have . been rush ing the work of repair at Carolina Beach for several days. Capt John Barry and Mr. Louis -Skinner have charge of the work on the pier, while Capt Walter G. McRae is superintending the repairs on the railroad. ; Carpenters are putting the buildings in order, and the indications are that the Beach will be open for busi ness on the 6th or 7th of June. Several applications for cottages have already been received, and altogether the pros pects for a good season are very. flatter- ing. J.:....- hVi- i. The steamer Wilmington will make two round trips every day, and another boat will be chartered for the accommo- dati6n of the cottagers and others who wish to leave here late in the afternoon and return early in the morning. i ' am, . , . Chances on the CoUax Ia the near future there will be several changes among the officers of the revenue cutter Colfax. Lieut Hasson - has . already been de tached and ordered temporarily to New port R. I- for special instruction at the Naval War College, j Lieut. Roberts, in a few days, will be promoted to a Captaincy, and will be ordered to an independent command. leaving Lieut' J. C Cantwell as execu tive officer, who, in his turn, will soon be promoted to First Lieutenant Another Lieutenant, to taxe me piace of Lieut Hasson, will probably arrive in a few days, and possibly one- or two cadets will be placed on the vessel for Instruction. ; -.-! Another Dividend. Mr. Junius Davis, Receiver, announces in the Star that a dividend of eight per cent will be paid, on and after June 5th, to all creditors of the Bank of New Hanover who have proved their claims. This will be the third dividend, and will make twenty-eight per cent, which is more than many of; the creditors ex pected to get in all. In fact some claims were sold soon after - the bank failed for twenty per cent of their face value. Warning to Bneoulauns. Those amateur speculators who occa sioaally "take in" a few dollars on a ten point rise or fall on cotton or wheat and who are always talking about their back- bone and judgment will do well to study the following pen picture of "Old Hutch "Every day . a talL gaunt smooth- shaven old man, with a piercing eve and shabby clothes, walks like a ghost about the corridors of the Chicago Board of Trade. The roar of the pit is. music to his ears. He is what, is left of B. P. Hutchinson, who: for twenty years dominated the market and made $15,- 000.000. He now eats free lunches and drinks ten-cent whiskey. UeOtll iaked Hm. In a letter to the News and Observer, expressing, his appreciation of the un veiling ceremonies at Raleigh on the 20th. Capt. A. D. McGill, of Cumberland county, says of the Naval Reserves: ."The naval battalion of Wilmington attracted the special notice of the old vets.- I heard some of them remark tbat they looked more like business than anything they had seen since . the war. and they would rather tackle any other crowd in Kaleigb on tbat day than that. F MAY 31, 1895. Death of Hn,.T. M JBmeraon. - ' Mrs. Emerson, wife of Mr. T. M. Em erson, traffic, manager of the Atlantic CoastLine. died.; yesterday afternoon at the residence of the family vi a this city, after an illness of only a lew days dura tion, and in the 86thearjof her age. The deceased was the -daughter of Col. Champ Davis, killed at the battle of Seven Pines, near Richmond. Vai in 1882, while in command of the ' Six teenth Regiment N. C State Troops. and, his wife, Mrs. Eliza Da vis,; second -daughter of the - late N N. Nixon. She was born in tbis cityand in September, 1877, was mar ried to Mr. Emerson. Besides her mother and husband, she leaves three young children, Neill Davis, aged fif teen years. '. Eleanor 2 Chase.- thirteen years, and Lillle Elliot, ten years.l She was an earnest. Christian woman, a member of St John's Eoiscorjal Church and aa active worker amonsr the Society of King's Daughters - . - 1 1 ne announcement of Mrs. Emerson s sad and 1 untimely death will cause sor row not only hete in Wilmioeton. but in other communities, where she had many lovine and devoted lrtendsr Their deepest, sympathy... will go rout .40 -the sorrow-stricicen Household, the widowed mother and the bereaved husband and children in their deep affliction. V xne lunerai will take place this after- noon at 5 o'clock, from St John's Church. Itinera! of the Late Mrs. Emerson. The solemn and sad funeral services over the remains of the late Mrs. Tf M. Emerson: took place yesterday evening from SL John's : Episcopal Church, of which she : was a member, Rev; Dr. Carmlchel officiating. Long before the hour arrived for the services St John's Church was crowded with friends of the family. Noticeable among the congre gation were many who had been be friended I by. the deceased. - They had come to pay their last respects to her memory. The entire A. C. L. office corps of employes were present, and a large number of members of the Cape Fear dub and their families. The Coast Line offices were closed all day. The services were sad at the church from beginning to end, and there was many sorrowful hearts and tear-dimmed eyes during the entire service. Mr. E. r. Boatwrigbt officiated at the organ, and the choir, composed of Miss Mary Lilly Kenan, Mrs. Watters, Mr. H. K. Holden I and Prof. Baker, sang in soft, sweet, tones, several beautiful hymns. The pall-bearers were (honorary) Messrs. rl. Walters and Warren ti.h.liiott (active) Capt John H. Daniel, Col.Thos. W. Strange, T. Wright Meares, P. L. Bridgers. George Rountree and Fred. Kidder. After the service a large number of relatives and friends took carriages and wended their way to Oakdale cemetery. through a drizzling rain, which added to the solemnity of the occasion. As the Lord s prayer was read at the grave the deceased's little daughter could be plainly heard repeating it as every head was bowed; tears began . to flow from even the eyes of strong men and it was exceedingly touching; some broke down completely when in her low, plaintive, voice she. repeated the old. hymn. half aloud, "Going to MeeUesus. The floral offerings, which were sent from every side, were very beautiful and in profusion. MONUMENT TO THE WOMEN. . Wilmington Kan Wants a Monument Ereoted to the Women of the Confed eraoy. j Capt. W. R. Kenan, of this city, isn't satisfied; and he will never die happy until he attends the unveiling of a monu ment erected to commemorate the deeds of the "Women of the Confederacy. He wrote the following letter to the News and Observer on the 84th : I attended your unveiling; it was a success in every particular. I could only add one thing which has occupied my mind for vears. When uov. carr ac cepted the monument how appropriate it would have been tor mm to can upon the men to start a fund to erect a monu ment at the east gate of the Capitol to the "Women of the Confederacy." What they suffered during - the war no one knows save God and themselves. They were greater than Lee, than Jackson, than Forrest yes, than any who had the wild excitement of the battlefield. Even at their homes patient self- sacrificing, prayerful they - waited for the return of their loyed ones. If de feated, they cheered us; if maimed, they declared a matrimonial preference tor a Confederate soldier without arms or legs to the "base skulker who would not fisht for his country. Now then start the monument ana let us erect to their memory the grandest monument that mortal man can build. I W. R. Kenan. SALEM COLLEGE. 1 Annual Commencement of the Oldest Edu cational Institution in the Booth. Special Star Telegram Winston, May 25. The ninety-third annual commencement of Salem Female College, the oldest educational institu tion In the South, opened to-night with a grand concert. The programme opened and closed with the college chorus in which four hundred girls' took part The . baccalaureate sermon will be preached1 to-morrow by Bishop Ches- shire, of the Episcopal -Church. The graduating class this year numbers fifty- three and is the largest in the history of the school. The young ladies represent nearly every State in the South, besides several Northern btates. Among the distinguished visitors who will attend the commencement will be Mrs. Stonewall Jackson and Mrs. Sena tor ZebVance. ; - ItMt Yesterday Morning. There, was a light frost in this city and I vicinity yesterday morning, but whether it caused any damage could . not be learned. Reports from Rocky Point were that a heavy frost in that section had caused considerable injury to the bean crop. Truck farmers generally complain that the continued cool weather and cold rains are seriously affecting everything that is above ground. Death of Mr. John J. Gorman. Mr. John J. Gorman, ex-sheriff of New York, died last Tuesday lin that city Of paralysis. Mr. Gorman was 67 years of age. He was well known to many persons in Wilmington, being largely in terested in the Imperial fine Product Company here. 1 Southpari's Postmaster. The Leader says: "On account of ir regularities in office; postmaster W. R. Ferguson has been suspended, and his bondholders have temporarily filled the office here by appointing Miss Florence Price to act as postmaster for .. South- port. TME MERONEY CASE Already Given tn the Btar, bat Important Xnoush to Be Bepeeted in . Another The Star gave, by telegraph," a com plete summary : of the decision of the Supreme Court in the Meroney case the day after it was handed down; but the case was so important that the publica tioa will bear repetition in the form ot the following digest prepared for the News and Observer by Mr. ...Perrln .Bus- bee, of the Kaleish Bar : - J. S. Meroney, Jr., vs. Atlanta National a. & L. Association (appellant! from Cherokee county. Opinion prepared by Burwell, J., at last term adopted by tne tourt Mark, ., delivering, the opinion. . . 1. A loan of money made by a foreign corporation to a citizen of this State and secured by mortgage on land in this State, at the usurious rate of 12 per cent (o per cent interest and . 50 cents per month as premium) will not be en forced by the courts of thisbtate by a decree 01 loreciosure, although , it was . stipulated - in the contract tbat it is "solvable", in the foreign State and is made with reference to its law;, which allow that rate of interest for the loan. . Where such loan was negotiated through a "local branch and the bor rower was expected to make his monthly payments to the treasurer of said "branch," who was under bond to the Association for the prompt remittance of all collections, for which he received two per cent, commission; Held that such local treasurer must be considered as the collecting agent of the Association, and a payment to him Is a payment to the parent Association, notwithstanding the. asseveration that he is the agent ot the local branch, not the parent company, and that he remits said payments, not as the agent of the lender, but of the borrower. 3- Where the Aa of the General As sembly of 1895 which restricts the inter est on loans by building and loan asso ciations to 6 per cent, but in a subse quent paragraph authorizes such asso ciations to charge cost expenses, inter est, premiums and fines; Held, that a penalty or ifine for " non-payment ot money is interest, and that such act is repugnant to the principle incorporated in the Constitution of the State that "no man or set of men are entitled to exclu sive or separate emoluments or privi leges from the community but in consid eration of public services." Avery, J. dissenting. f- COTTON ACREAGE. Percentage of Decrease In the Varlona States The Crop Twelve Daxa Later than Last Tear. Messrs. Latham. Alexanders to. in their circular letter of May 22nd say: Desiring to give our customers and the trade generally the most reliable in formation possible, concerning this year's United btates cotton acreage, on May 9th, we addressed 8.100 letters to re sponsible planters, cotton commission merchants, cotton brokers, Danks and bankers making . advances to planters, asking for information on the sumect. Correspondents were selected in every cotton growing county in the South, and we have received 2.141 replies of average date May loth containing acreage es timates, and we submit the following re sult : i Acreage Decrease Alabama, 11 per cent; Arkansas, 16; Florida, 14; Georgia, 18; Louisiana, 11; Mississippi, 12, North Carolina, 17; South Carolina, 15; Ten nessee, 12: Texas, 15; Various. 15. Total decrease, in the United States as compared with last year, 13$ per cent The same correspondents make the planting of the crop twelve days later than last year. In compiling the estimates it was noticeable to us that the reduction in acreage was not confined to any parti cular section of any State, hut was nearly uniform throughout each State. Accompanying the acreage reports we received a large number of letters,, as signing causes that influenced the re duction in acreage, and .we briefly summarize them as follows: The low price of cotton last year ren dered, cotton planting, generally, un profitable and greatly discouraged planters; cotton commission merchants have been disposed to curtail .advances many declining any new ' business; in the interior many small merchants, who usually gave accommodations to plant ers, have failed in business, and the dis position: of Southern planters . to in crease acreage of corn and other food products has necessarily lessened the quantity of land that would have been planted in Cotton, under more favorable conditions. We also gather from these letters that on account of drought excessive rams, cold weather and other'' causes in some cases, the crop is ia less favorable condi tion than at this time last year.- These letters also show a large reduction in the use of fertilizers in the Atlantic States. A JUDICIAL JAG. His Honor on a Jssr, and Has to Adjourn Court Presented by the Grand Jury. V Maxton Scottish Chiefs ; Judge Norwood arrived in Maxton Sunday "night from Fayetteville, where beheld court last week, we are reii ably informed he was under the influ ence of liquor while here. Monday he went to Lumberton, but did not open Court nntil Tuesday morning, holding a session of only one and a half hours that day. Wednesday, we are lniormea, ne was ; so - badly under the influence of intoxicants he did not leave his room. and there was no Court at all that day,; and the grand jury of our county presented him for drunkenness. The Judge, who is of a social nature, Was, in early life, addicted to drlnK. put prior to his election as fudge had not drank for fourteen years; but while in Wilmington a few months ago was again induced by some of his would-be friends. It is no sweet morsel to ns to write these lines for publication; but as a pub lic journal, in behalf ot a pure judiciary and ; an outraged people, we demand that ; he either cease to prostitute his high and holy office or send in his re signation.' Besides the worry and disappointment to the people, the expense to the conntv will be at least $500. Yesterday Sheriff McLeod. in ; obedience to tbe Judge s order, adjourned the Court for the term. Death of Mni. Pry. The Star -learns with regret of the death of Mrs. 'Annie Fry, wife of Capt J. W. Fry, General Manager of the C F. & Y.V. R.R.; which occurred at her home in Greensboro, last Wednesday. She was a ; most estimable - woman. daughter of the late CoL Julius Gray, who was President of the C F. & Y. V. R. R. at the time of his death, and grand-daughter of : the late Governor Morebead. : The Sonthport Leader says that a wharf is to be erected at the "Rocks' in place of the old one that was carried away, that the Wilmington 'may land fishing parties,' and to facilitate the gov- ernmentwork in that part of the riyer. NO. 30 Court Couldn't Move Him. Ex-Deputy Collector of Internal Rev enue , Mnrpny, Who Guarded ' Bla Records, Speaks tn Praise of Palnes Celery Compoand. v. ..",'. .- Ex-collector of internal revenue Thos. F. Murphy, of Maine, who .was brought into prominence all over the country during President Cleveland's first ad ministration by refusing to allow certain civil officials to peruse his records, hear tily indorses Paine's celery compound. - - Mr. Murphy is a keen observer . He is a writer of no mean ability, has been employed as editor and editorial writer on several papers, is recognized through out Maine as a forcible and convincing speaker, and is universally liked. . At present he represents a big Boston house on the road, - where his warm geniality makes turn welcome to every hotel and 'railway train.'. In the smoking compartment of a par lor car last week be was praising Paine's celery compound to a fellow passenger. The person to whom he addressed his conversation had'been laid up with the grip. The malady left him in a bad way, a sort ot depression bf spirits and a dis inclination for business. 'I felt the same way." said Mr. Murohv. "After wrestling for a week with the grip it left me weak and depressed. One flight of stairs was enougb, to make me puff and wheeze like a leakylbellowa. A mile walk would almost floor me. Head aches began the moment I would get out of bed, and I felt about as mean as any one could for the whole day. Hearing so much about Paine's celery compound 1 made up my mind to try it, and 1 11 tell you how it worked. It was like close applications of soothiog lotions to a scorched finger, ' After a few (loses I found that on retiring I soon dropped into ssuad, refreshing sleep. In less than a week.1 was my sell again. My eyes, which aire none too strong at their best, but which burned and ached till I began taking Paine's celery compound. assumed their normal condition, and really seemed stronger than before the grip marked me lor a victim. I can walk five miles now and feel none the worse for iL 'My wife and boy are taking Paine's celery compound this spring." KNOCKED OUT FOR A FACT. The News' Predioura That the Supreme Conn's Daelsloo Would Drive ForeiCQ Building and loan Aetoeletfeaa Prom the State Was Correct. ( Charlotte News. , The -News last Thursday published the Supreme Court decision in regard tc tsuiiaing . and Loan Associations, and predicted that it would bar foreign asso ciations from' doing business in the State. The matter was of considerable local in terest inasmuch as the Old Dominion had only recently established itself in business here, and bad been making loans. Dr. George W. Graham was president of the Association, Mr. Thos. Grier secretary and treasures, and Messrs. Thos. Grier, Sam Asbury,L-P, Long and Dr. Graham, directors. Two applications for loans were for warded to headquarters a few days ago. This morning the applications were re turned to Dr. Graham with the explana tion that they could not be filled, as the Old Dominion wa compelled, in view of the recent decision of the State Supreme Court, to withdraw from business in North Carolina. Dr. Graham still does not understand how bis company is knocked out but is now satisfied that' it is an accomplished fact MOBE COTTON BULLS Clapp ft Co. Express Their Appreciation of Catton-It May Boon Bell at Elaht Cents, and the Next Crop May Brine Nine cr Ten Cents. Clapp & Co. have this to say of cotton in their weekly market letter of 23d inst.: 'Cotton Is the only staple that rules lower in prices than a year ago. About nine-tenths of the 1894 crop is in con sumers districts or spinners control. Southern spinners are running night and day with orders booked ahead for six months. Exports have, now , reached 6,335,726 bales and have exceeded tbe crop of any year prior to 1885-'85, ex cept those ol 1880-81 and 1882- 83. and are 477,000 bales in excess of exports of any preceding year. Spinners takings to May 17th were 2,579,047 bales, and exceed any year except 1890-'91,. when for the year, they were 2.856,000 . bales, and the preceding year when they were 2,540.000, and at the end of tbis season they are likely to show a broken record of the largest domestic consumption known. ' ''Travelling men report the shelves of merchants . bare of , cotton goods and plantation hands generally in rags, and a large Fall demand inevitable. At present we think it quite possible, the decrease ia acreage in f lorida.: worth and south Carolina and Texas is about 15 per cent. In Alabama, Louisiana, Tennessee and Missouri, about 11 or 12 per cent In Georgia and Arkansas from 14 to 16 per cent Other States will likely vary irom 19 to 15 per cent Worms, cold weather, too grassy and too much rain and van ous 4 other complaints seem to be the prevailing, factors now enthusing South ern operators with' a view that cotton will soon sell at 8 cents and the growing crop may be marketed at 9 or 10 cents. "Generally speaking planting - is com pleted. : A year ago a slight frost in Georgia and some other places nipped the plant and much damage was feared. The visible supply in this country is only about 50,000 bales more than a year ago, yet more than 2,000,000 bales more cot ton has. come in sight than grown ia 1893, evidently with increased consump tion.' The supply ; the coming four months will be unusually short South. ern markets now range higher than 'this market. .New cotton will scarcely find European spinners ia less time than six months. Prospects scarcely indicate, a crop of more than 7,500,000 bales.' Con sumption has practically reached a max imam puim, w wuac supply, js ucctcos- ing unusually fast It this pace is to be kept : up and the acreage reduced as much : as now seems likely, there are lively times ahead for all hands, from the growers tobe consumer. POOR CROP PROSPECTS Diaoonragins Beport from a Parmer in Johnston County. - Mr. R. J. Lassiter, a prominent farmer of Johnston county,, residing near Fair Oaks, gives a rather gloomy account of (he condition of crops in that section. In a business letter to Mr. R.W. Hicks of this city, he writes under date of May 22nd : . ..' ; . -v. r-v. . Well, the cold wave struck us vester day and it is nearly freezing cold-tfinal destruction to cotton crops. They are' gone up now and it is too late to plant again, even if we had seed. The fanners are nearly crazy over iL, I have never seen such discouraging prospects for the farmer; it is distressing Without a change soon there . will not be bread made and no cotton. This part of the country Is not so " easily ruined by wet and cold; but it is gone this time.' - CONFEDERATE , VETERANS. THE REUNION AT HOUSTON, J EXAS, : " I FORMALLY CLOSED. - Col. Iier, cf Peder.l Army, Addressed the ConvMition-A "better from Gen. Boho- fiald Bead -An Offer of $100,000 from . Chas. B. Bouse - for the Establishment of a Memorial Aaaoolatlon. . w- , Bf Telagrapa to the Moraine Star i X Houston, May 24. The Confederate Veterans' reunion is oyer; and the dele gates, who have been here four days, are beginning to leave. ; This was another inclement day, but the time bai been well occupied by receptions to Miss Winnie Davis, the visiting Generals and by tbe business of the Convention. The Texas division had the auditorium lor the first hour this morning, and elected Gen. H. H. Boone to succeed Gen.-Rots . as Maior General of the State divisions,-1. and selected Dallas as the - place for the -next State .reunion. The State meeting . then adjourned, and the United Confed erate Veterans, as a body, were called to order by Gen. John B. Gordon. , Dr. I ones invoked divine blessing on ; tbe meeting. -1 . Gen. Stephen D. Lee tead a telegram of greeting from Gen. N.'H. Harriss, of San Francisco He then offered a' res -1 olution of thanks to Adju Gen. Moor man for his efforts in behalf of the or ganization, which was adopted by a ris ing vote amid much enthusiasm. ' - ' - ; 1 Col. Lee, of the Federal army, Secre-' tary of the Shiloh Battlefield Associa- li tion, was introduced. He was greeted V with loud applause. "The yell," he said : with a smile, "sounded familiar." He --' made a short address,- expressing his , pleasure at being permitted to greet, the I old Confederates whom he re- 1 spected so highly. He ' 'invited s them to attend tbe next reuniop ot his ' Association, the mission ot which, he said, was peace on earth and ' good will to men. He paid a high tribute to Al- bert Sydney Johnson. He came fresh from the G. A. R. and assured the Vete rans ot the kindly feeling ; entertained toward them in that quarter. ; -A vote of thanks was tendered Colo nel Lee for his address. The chairman then laid before the body, a letter from General Schofield to. Commander John B. Gordon, expressing his appreciation of the cordial reception given him in Houston. He said that when the commanders of the great contending armies agreed on a conference in 1885 the world was aston ished at the terms of the convention. There- was to be no - punishment meted out to the Confederates, but they wee to be defended so long as they main tained loyalty to the flag of the Union. These expressions meant not only to ter minate the conflict, out to prevent anv conflict among the sections thereafter. The Union Generals in that conference did not question the fidelity of the Gen erals whom they had lately met in con flict but some of tbe people of tbe North had misgivings These misgiv ings had now practically passed away and he wished to assure the Veterans of the warmth of esteem in which they were now'held. - He stopped ueie on tbe invitation of General Gordon, and had been delighted with his reception. A vote of thanks was tendered General Schofield, and tbe Commander-in-Chief -was authorized to express to him the sentiments of the organization, A letter received from Cbas. B. Rouss. of New York, a private in the Confeder ate army, was read, offering to give $100,000 towards tbe establishment of a Memorial Association under the auspices of which an illustrated history of the war shall be published and the relics, etc., collected and preserved 'at one central point A committee of one member from each State, to be selected bv the State, was appointed to confer, with; M, Kouss on the subject. - Greetings were read from Lucy Lee Hill, daughter of General A. P. Hill. The Veterans were invited to attend the dedication of the Confederate monument at Chicago. A resolution to establish a home for the poor children of the Confederate soldiers was referred to a special com mittee. The nomination of a Commander was Chen taken up. ' Major G. N. Stubbs named Gen. Gordon for re-election. Gen. Stephen D. Lee said the typical living soldier of to-day was J. Gordon, and ' be moved bis re-election by acclamation, which was done amid great cheering. uen. uordon advanced and said: "Only the Searcher of all hearts knows the depth, of gratitude which; this act awakens in this heart. Of all the honors possible to men. I would rather have a place - in the hearts which you have opened to me to-day than to wear all the honors the earth could bestow, and, the God of Liberty being my helper, I will - go to the grave feeling that the last the brightest and noblest epitaph that could be written over my dead body, when you carry- it to the grave, would be: Here lies -a . Confederate Soldier.' God bless you, my comrades, and make me worthy of this unparalleled tribute." General : wade Hampton was tben. elected Commander of the Department of tbe Army of Northern Virginia. The vote was enthusiastically given by accla mation. .1 . A committee has been appointed to see to tbe establishment of a benevolent' society to take charge of aged Veterans. The Convention then adjourned without day. : This afternoon at the Dick Dowling headquarters a reception was tendered tbe visiting, daughters of tbe Confed eracy by the Mildred Lee Camp. The address of welcome was made by Miss Jennie Moore; in . behalf of the Camp, and . responded, to by Miss Cabell, of Dallas. A State organization of Daugh ters of the Confederacy was then per fected by the Texas Camps. , COMMITTED SUICiDE. . An Old Be probata Charged With Criminal . Assault on little QirL : By Telexrapb to tbe Moraine but. Lake Vnw, Mich., May 25. George Reed, aged sixty, last night committed - a criminal assault on the eleven-year old daughter of Rev. Clarence Welch, pastor of the Methodist church. Reed was arrested. " He asked Sheriff King, ot Stanton, the privilege of a drink of water. The sheriff granted tbe request, and then; proceeded to the hotel with his . prisoner. Keea suoweo signs 01 sick- nessand in fifteen minutes after reach- r in the hotel, was dead. . Reed, who was a rriage-maker, leaves a wife. The cri ne was committed at bis residence in his wife's absence. Five packages of cyanide of potash were found , in the vest-pocket of the dead man. Reed was a member of tbe church of which Mf Welch is pastor. Tbe child is in a pre carious condition. . SECRETARY CARLISLE Hanged tn Xfflgy at JTatohitoche, lVuiaiaaa, : by the Bllverite. ; B7 Telegraph to the Morning Star. St. Louis, Mo., May 25 A special from New. Orleans says that Secretary, Carlisle was hanged in effigy, in Natchi toches Thursday night on account of his anti-silver speech. Persons appeared on the streets in the evening carrying around a placard, announcing tbat there would be a hanging at toe bridge at 8 o'clock. A large number of people as sembled, imagining there was to be a lynching. They found Instead the effigy of the Secretary of the Treasury hang ing on the bridge. The city is a unit for free silver, but some of the - people deprecate the effigyjharning. The corner stone of a monument to the Confederate dead was laid at Louis ville, Ky., yesterday, with Impressive cer emonies. - - 1 ... 1 .- - t. ,4 - ?! 1
The Weekly Star (Wilmington, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
May 31, 1895, edition 1
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