Newspapers / The Weekly Star (Wilmington, … / Jan. 28, 1898, edition 1 / Page 1
Part of The Weekly Star (Wilmington, N.C.) / About this page
This page has errors
The date, title, or page description is wrong
This page has harmful content
This page contains sensitive or offensive material
Jbc meekly bxx. WILMINGTON. N. C. AT- S1 .00 A YEAR. IN ADVANCE. The Weekly Star. 4 9 qiaoW 88888888888888888 88883883888888888 VOL. XXIX. WILMINGTON, N. C FRIDAY, JANUARY 28, 1898. NO. 14 88888881888888888 88888888888888888 vw i 88888888888888883 88888898888888388 8388S88S888888888 8888888888888888 S J S t SSSSS88S nrered at the Pom Office at Second Clan Ma ilmtfton. N. C, at tr.i SUBSCRIPTION P The subscription prica of the We OMOWl ICE, lyStar taat W Jg 60 PLEA FOB STATE BANKS. There is no Northern paper of which we know anything ' which takes aa much interest in and de votes as much space to State banks as the New York Journal of Com merce and Commercial Bulletin, which, by the way, is not a political paper but, as its name implies, a commercial paper. It gives the State bank question an earnest and thorough discussion and supports its views with arguments, facts and figures, the pertinence and force of which will be recognized by every one who approaches this question honestly and unbiassed by . sectional considerations or personal selfish ness. We have had occasion here tofore to quote from this paper in defence of State -banks and in ad vocacy of permitting! them to issue notes. p JL In commenting upon the various plans of "currency reform" sug gested we a short while ago re marked that not one of them made any reference to State banks. In the Journal of Commerce and Commer cial' Bulletin of Wednesday there is a two-column editorial, and a very strong one, under the heading "Should State Banks Issue Notes, whicFbegins thus: "It is an almost startling fact that, of all the numerous plans for recon structine our paper money system, not one has proposed to confer upon the State banks the right to issue notes. Every scheme treats this large class of incorporated institutions as though they were of no account as a possible source of currency issues and had no rights which Federal legislation ought to respect. And yet these bants nave a rank of high importance among our financial institutions. After having been almost obliterated through the attractive privileges conferred upon the National banks, they have rebuilt their capital to the amount of $240, 000,000 and have attracted deposits to nearly half the amount of those of the National banks, whilst the official records show that, as a rulei; their operations are conducted with as much conservatism as those of any other banking institutions." Whether it is a startling fact or not it is what might seem to most people who view this question from a sensible standpoint an astounding fact that with all their inquiry, in vestigation, and labor to devise a currency plan which would remedy at least some of the evils of which the people complain it never occurred to any of these financiers to give a thought or any place in their plans 'to State banks, especially after their attention had been so forcibly called to them by the resolutions adopted by the Southern bankers' convention which met in Atlanta last December, and by the favoiable mention that these resolutions met with in so many of the leading papers North and South, and. also by the able full and iree discussion of this question such papers as he Aew York State banks anneals verv fundament ally to authors of reform plans. Most of the schemes propose the retirement 01 the 4W,000,000 of legal tender notes; and yet,-, after carefully and statistically examining them, we do not find one which affords any prob ability of the new conditions of issue proposed for the National banks bringing out an amount of bank cir culation at all proportionate to the Government notes to be withdrawn. This is especially the case with the T . 1- , , iimiaunyuiia piou, wiucn propeny seems to .stand the best chance for adoption; and any existing plan which does not extend the right of issue to the State institutions will be exposed to the danger of breakdown at this very important but inadequate ly guarded point." There are two points in this well taken; one that the national banks under any scheme proposed cannot meet , the requirements of sparsely settled sections which need better facilities for securing needed money; the other that no scheme provides a sure plan for supplying the currency which would be withdrawn from cir culation by retiring the $460,000,000 of Government niches, as contempla ted, although the retiring might be done gradually. There is nothing mandatory on the national banks as to the amount of notes they should issue or keep in circulation, and nothing mandatory as to the estab lishment of banks. There might be few or many, but the probabilities are that with any of these schemes adopted there would not be any ma terial increase in the number and verylittle if any increase in the sec tions where banks are now most needed. Even then the establish ment of such banks in sections where money is scarce, and there fore needed, would take more money out of them than it would bring in. In order to meet the requirements upon them the banks themselves would have to be borrowers from other banks, would have to pay in terest on the money they borrowed, and the borrowers from them would have to pay interest high enough to justify them in doing that. These banks may do very well in money centers or in cities where their funds remain close by and are returned in short time to their counters, but thev are not adapted to the needs of the rural districts where loans from the nature of things must be somewhat lengthy, and where the circumstances of the people require low interest rates State banks, and these only, can meet these requirements. generally when they are close to the railroad lines or close to the market so i they, will not havef ar to haul. When Southern farmers intend to raise much corn they should also see that they raise hogs enough to consume the larger part of it, and thus have pork instead of corn to sell. The gold organs should get to gether and agree on their expla nations as to various things in re lation to the currency question. Most of them contend that we have money enough in this country, in fact too much money, and therefore this howling about more currency is simply nonsense. in proof of this assertion they cite the fact that some banks have gone out of borrowers because they couldn't find business for the money they had to loan. It seems that some of the New York banks are sending money to London, about $50,000,000, it is reported, where they find more bor rowers than they do in this country and can get a higher rate of interest. The reason assigned for this is that the bankers who send their money abroad have more confidence in En glish statesmen than they have in American statesmen, and are not afraid that the English Parliament will change the value of the pound sterling. Here then we have banks closing up because they have so much money that they can't find borrowers for it, and banks refusing to lend their money at home but sending it abroad because they have more confidence in the stability of foreign monetary systems than they have in ours. We insist that they should get together so that their explanations will explain and one not destroy the other, Some Indians are very sensitive. A Sioux brave hanged himself at Deadwood, S. D., a few days ago because he was accused of stealing a horse. To be accused .of stealing a horse when horses are so cheap was too much for him. But maybe they had the deadwood on him, and he thought he might as well save fhe boys the trouble of hanging him. NORTHEASTERN R. R. WRECK. JJJ pCJD (fflgfl CUBAN DEBATE IN THE HOUSE. Two Trains In Collision Two Colored Firemen Killed and Several Per sons Severely Injured. A collision between two passenger trains on the Northeastern railroad early yesterday resulted in the killing of two firemen, and the more or less serious injuring of several others. The accident occurred near Ashley Junction, about eight miles west of Charleston, and the colliding trains were passenger trains Nos. 52 and 37. The killed and injured were as fol lows: The killed: Robert James, fireman of No. 37 ; Wesley Bishop, fireman of No. 52, both colored. Injured: Engineer J. L. Neely, of 37, mashed and scalded; John Sel lers, colored porter, scalded; E. R. Liles, bagrsrage master, leg crushed; Engineer E. F. Hall, No. 52, Jarm bro ken; mail clerk J. H. Bingham, leg and arm broken ; M. McDuffie, baggage master, bruised about head; J. W. Powell, express messenger, leg broken ; A. J. Gouerdine, Charleston, and J. W. Hood, Knoxville, both bruised about head. Several other passengees were slightly scratched and bruised. The engines of both trains were badly wrecked, and so also were the baggage cars, but the other cars were 'in condition to move after the track was cleared, which was done by 3 o'clock in the afternoon, when the de layed passengers' were sent through to their destination. A relief train was sent from Charleston and the injured taken to that city. BOTANICAL RESEARCH. Mass Meeting for the Purpose of Promoting the Cause of Education. ORGANIZATION PERFECTED. The Question of Recognition of Belligerency Still Uppermost in Minds of Members. EVENTS MOVING IN THE FAR EAST. Complications May Any Day De velop a Situation Fraught , with Momentous Dangers. Interesting Addresses Officers Elected ; and Representatives of the Associa tion Appointed in the Different Townships to Carry Out the Work. THE BAILEY-REED EPISODE. THE JAPANESE A FIREBRAND. Scientists from the University of Penn sylvania Gathering Specimens of the Flora of Wilmington. MINOR MENTION. in Journal of Commerce and Commercial Bulletin, whose editor was present at the convention and made a for cible plea for State Banks, a portion of which we reproduced in the Stak at the time. The onlv inference from this dense silence about State banks is that the framers of these currency reform schemes are under influ ences hostile to the State banks or toany other banks that might'pos- Bibly come in competition with the monopolistic system which holds its monopoly and does business under the fostering favor of Federal legis lation. After speaking at some length of the growth of the State banks and the immense expansion of their bus iness as the result of conservative and good business management, in spiring public confidence in them, coming to the question why they should be permitted to issue notes the article from which we quote, says : "There is the more necessity for granting the right of issue to the State banks because their operations prepon derate mostlv in the States where the National banks are most sparse. If Coneress chooses to give a monopoly of issues to one set of banks, it should see to it that those banks sufficiently and equally serve the interests of all sections and that no large and needy tracts of population are deprived of their due share of bank circulation. This it has not done and never can do ; and failing to accomplish an equitable distribution of this source of money supply it needs a far better justifica tion than has yet been attempted for preventing the State banks from fill ing this hiatus in the monetary distri bution. "The question of prudence in with holding the issue franchise from the There may or may not be founda tion for the report which comes through the St. James Gazette that Japan mav soon inaugurate war in the East, but the probabilities are that there is foundation for it, for from the beginning of the land- grabbing business in China, and Russia's manipulations in Corea,' Japan has shown her determination to take care of herself, and to fight if it come to that. The fact is the war sentiment in Japan developed very early in the proceedings and it was with the greatest difficulty that it could be kept within bounds. If that sentiment had been followed by the Government Japanese warships would have been in Chinese ports and a Japanese army in China long ago. The Japanese feel that they have been buncoed by the European Governments which used their friendlv offices and influence , v - . 1 . - ' - . to briner about peace between Japan and China when Ja pan had China at her mercy and could have become mistress of that empire, and then when she had acceded and withdrew her army and her ships, these same powers went in to seize what by the prowess .of her arms might have been hers This is the way she feels about it, and believes now that the programme of these powers is to freeze her out, and that tne partition of China is indirectly war upon Japan. Her statesmen are keen enough to see this, were wise enough to prepare for it, and also sagacious enough to know that the sooner Japan strikes the more effective will be her blows The bold front she shows, however, may cause tne graDDers xo go siow, and her willingness to fight may prove to be the peace preserver. As a movement in the direction of the betterment of. the roads, a bill has been introduced in the South Carolina Legislature to com pel the use of wide tires on vehicles, and imposing penalties for the use of the narrow tires. It makes the law go into effect two years after its passage. The importers of mineral waters from Canada now save the 24 cents a gallon duty by freezing it nicely on the Canada side and importing it tax free as ice. They say hundreds of tons of it have already been frozen. This is playing a game of freeze out on the Dingley fellows, A South Carolina correspondent of the Charleston News and Courier, speaking about the reduction of cot ton acreage in that State, says the drift has been to corn and warns the planters against going from an extreme of cotton to an extreme of corn, in which he is right. We do not know what this danger may be in South Carolina, but the corres pondent makes a good point, for there is but little money to be made on corn, even when the yield is large, when marketed as corn. Its bulki ness and the cost of transportation are against it, and consequently in the great corn-growing States it is marketed principally in the form of pork, which is about the only profit able way it can be done. Illinois, Missouri, Iowa, Wisconsin, Kansas, and other great corn-growing States raise corn to feed hogs, and raise hogs to eat corn. They put only so much corn upon the market as they cannot convert into pork, and this Last vear K13.000.000 worth of American beef cattle were shipped to England, where American beef is cheaper than in New York. When there are Trusts and combines the foreign customer always fares better than the home buyer. When a man goes piruting in the ground in Texas, he doesn't know what. h is twins' to turn up. A n o Dallas man boring for water struck oil a few days ago, and says he is going to bore on until he finds the oil tank if Jie has to go half way to China. ... " According to a recent decision of the Supreme Court of the United States life insurance cannot be re covered by the heirs of a person who commits suicide, who was of sound mind. Now the question arises, is a person who commits sui cide of sound mind? A Kentucky paper announces that there are more political factions and feuds in that State than ever before. The Kentuckians can al ways be depended upon for devis ing the ways and means to prevent things from becoming monotonous. There isn't much danger of Fred erick Meyerhauser, of St. Paul, run ning short on wood. He and his partners own 15? 000, 000,000 feet of standing pine timber. He stands pat on pine. A South Carolina Solon who doesn't believe in eating mixed flour without knowing it, has introduced a bill in the Legislature requiring flour offered for sale in that State to be branded just what it is. Two professors connected with the botanical department of the Univer sity of Pennsylvania arrived in the city last night, and will during the next several days gather specimens of various plants peculiar to this locality for the purpose of transplanting them in the botanical garden at their Uni versity. They are Profs. J. M. MacFar- lane and R. L. Bontillier. In conversation with a Stab repre sentative last night these gentlemen said that they wanted to seek out the plants in their dormant condition for transplanting, so that they would be in the most suitable condition possible for examination and analysis by the students during the coming spring. The plants they especially want are Venus Fly Trap, Trumpet Flowers apd Yucca or Spanish Bayonet But- terworths and various varieties of native hollies will also be 'gathered. They will also be on the lookout for specimens of yellow water limes and any other botanical curios they can find.. It is very probable that later in the Spring these gentlemen will return to this city with a class of botany and natural history students on a similar mission. They will be in this section for at least the next week. The Weather Continues Warm. A correspondent of. the Richmond Dispatch says: "I have noticed for years that if the weather continues warm till the 15th of January it will be warm all winter." The weather bureau here will not vouch for the cor rectness of this statement, and the wood and coal dealers may take com fort, for there is doubtless plenty of cold weather ahead. The weather men say that February is the coldest montn nere, anyway. Two or three years ago a phenomenally mild January was followed by a Feb ruary that brought more snow and sleet than had been experienced the whole. Winter previous. Still, there has been an unusually long spell of warm weather for mid-winter. NORTHEASTERN R. R. ACCIDENT. A large audience of citizens from various sections in Pender county met in the court house at Burgaw yester day morning at 10.30 o'clock for the purpose of promoting the cause of education by making a permanent organization of The Pender County Educational Association. Through the efforts of the Rev. John Stanly Thomas, pastor of the Burgaw group of five Presbyterian churches, a number of prominent speakers were engaged, with subjects of the most vital importance to the cause of education. Mr. Jas. H. Moore was chairman of the meeting and announced the speak ers and their subjects as follows : Dr. E. Porter, "Does It Pay to Edu cate the Child?" Mr. R. G. Grady, "Address to the School Committeemen of the County." Mr. Geo. E. Butler, "The Duty and Responsibility of Citizenship to Edu cation." Rev. A. D. McClure, "Education of the Heart and the Head." After the addresses a constitution and by-laws were adopted. The following officers were then elected to serve six months: Presi dent, Rev. John Stanly Thomas; Sec retary, Mr. Thos. H. Mclntire; Treas urer, Miss Mattie Bloodworth. Rep resentatives of the Association in the different townships were also chosen : J. H. Moore, Burgaw; J. R. Banner man, Holly; L. T. Johnson, Colum bia; R. Finkey, Long Creek; J. A. Nixon, Topsail; Jas. F. Moore, Grady; Mrs. David Rountree, Rocky Point; Mrs. F. Murphy, Union; Miss Annie Paddison, Caswell ; Miss Cora Borden, Kentuck. The next meeting will be held on the fourth Saturday in February. VACCINATION IMPORTANT. Question of Veracity Again Discussed and in Which Mr. Bailey Seems to Have Had the Best of the Argument. Departure of Their Fleet For Chinese Waters May Prove The Striking of the Match Leading to a Dreadful Conflagration. . nr. bbVS V am, ftljM, POWDER Absolutely Pure ROYAL BAKING POWDER CO.. HEW YORK. It is Necessary to Re-Vaccinate to Thor oughly Protect the Individual and the Community. There are plenty of sore arms now as the result of the vaccinations that have been made, and the usual accomj . . . ji t?n i panying ngni ievers ana emus nave made life moderately miserable for a good proportion of our population. But it is precisely what is needed, those who know are prepared to say. In fact, vaccination is quite advisable even when smallpox is not abroad and an eminent physician says "it is nec essary to thoroughly protect the indi vidual and community ;" but it is dis couraging to learn further from the same authority that "to insure perfect immunity from the ravages of small pox it is necessary to re-vaccinate from time to time." The following table shows the per-v centage of deaths of vaccinated and unvaccinated persons from smallpox: Per cent Classes. of death. 1, Unvaccinated 85 00 2. Stated to have been vaccinated, but showing no cicatrix, ... 23 57 3. Vaccinated a. one cicatrix . . 7 73. Vaccinated b. two cicatrices 4 70 Vaccinated c, three cicatrices Vaccinated d, four or more cicatrices Vaccinated- well marked cicatrices 2 52 Vaccinated b, badly marked cicatrices, 8 82 . Having previously had small pox By Telegraph to The Horning Star. Washington, D. C, January 22. J The sensational episode at the closet of the Cuban debate on Thursday, when Speaker Reed and Mr. Bailey, the Democratic leader, in parliamen tary language questioned each other's veracity, the one charging and the other resenting the imputation ,of bad faith, had its sequel in the House to-day. On a question of personal privilege Mr. Bailey secured the floor. He said he would not revive the controversy for the purpose of sustaining himself or showing that his adversary was wrong, as explanations in such cases did but little good, usually leaving the partisans of each only the more firmly convinced t of the correctness of the position of his side. But, said he. an examination of the Record showed that there was an agreement that there should be a yea and nay vote on the motion to recommit, so explicit, and distinct, that he felt it his duty to call it to the attention of the country. He quoted Mr. Hitt's last remark: "Ana it is understood, Mr. Chairman, that at four o'clock to-morrow there shall be but one yea and nay vote, that on a motion to recommit. The Democrats broke forth in ap plause. "That was precisely my statement," continued Mr. Bailey. "I do not de sire to impute motives other than hon orable ones to any one, for I am slow to charge falsehood or unfair dealing, but I do affirm that there has been either a misunderstanding or a mis statement." Mr. Bailey was met by Mr. Hitt, chairman of the Foreign Affairs Com mittee, General Henderson, of Iowa, one of the floor leaders of the ma jority, and also by the Speaker, with the argument that no agreement, such as alleged, even if made, which they denied, could have waived the rules of the House, and that any agreement for a vote on a motion necessarily as sumed that the motion would be in order under the rules. TSiis closed the incident. While the language used to-day was strong there was no display of temper and no ex citement was occasioned, although the statements and counter-statements were enthusiastically applauded by the respective sides. Mr. Hitt, chairman of the Foreign Affairs committee, submitted a privi leged report from his committee, re commending the passage of a resolu tion of inquiry, requesting the State Department, if not incompatible with the public interest, to transmit to the House all information in its possession relative to the military execution of Colonel Ruiz, a Spanish envoy to the insurgent camp of Aranguez. The resolution was adopted without divi sion. Some bills of minor importance were passed before the tilt between the giants, and the remainder of the day was devoted to general debate on the Indian Appropriation bill, That thejCu ban question is still upper most in the minds of the members was evinced during this debate, much of which was devoted to it. Mr. Cum mings, of New York, made a particu larly eloquent speech on the spirit of seventy-six, which evoked tumultuous applause from both sides of the House. The Mouse at o o ciock aajourneu. ANOTHER OUTBREAK IMMINENT IN HAVANA. if 195 0 55 19 00 It Occurs It Will Probably be Di rected Against Americans Other Cuban News. CAPE FEAR AND YADKIN YALLEY. When a candidate for office puts himself "in the hands of his friends" he is very apt to discover that he is in the hands of his enemies, also, who do not fail to let him know it. It is estimated that dogs destroy annually alout 20,000,000 sheep in this State, which is pretty good proof that the dogs appreciate mutton more than a good many of far mers do. Zola is going to write a novel on the Dreyfus case. He is getting gome novej advertising for it in advance. Mr. E. Peschau of Wilmington Among the Slightly Injured. The Charleston News and Courier of yesterday, in giving an account of the accident on the Northeastern Railroad, mentions among the injured several persons not included in the information received at this office. They were T. E. Dix, Pullman porter, slightly hurt; P. R. Clark, electrician of 37, hand cut and slightly scalded; J. R. Moorer, passenger, Ridley, S. C, cut about the head and otherwise hurt; M. Curtis, passenger, slightly bruised ; J. D. Bul lock, conductor on No. 87, cut about the face; C. H. Pine, passenger on No. 37, slightly bruised ; Mrs. T. A. C, Stokes, passenger, slightly bruised ; E. Peschau, flagman, slightly, hurt. Mr. Peschau's injuries were very slight as a telegram received here by his family announced: It turns out that Mr. Harry -Latham was not on either of the colliding trains, his run being from here to Norfolk. Good and Faithful Servants. Within the past few days two minis ters have gone to their reward who have been well known in WUmington. S. D. Peeler, of the Western N. C, Conference, who at one period of his life, was pastor of Fifth street Metho dist Church, of this city, and Rev. J. C. McCall, who a few years ago was pastor of Bladen street M. E. Church, of this place. Both were good men. One was an aged veteran oi tne cross, while the other was just in the prime of life. The revenue cutter Lot M. Mor rill, which had a boiler tube blown out at sea, was towed up to the city yes terday by the steamer Wilmington and last night was lying at the Custom House wharf awaiting orders from i Washington. Judge Simoaton Refuses Permission to SeU Rolling Stock. Judge Charles BL Simonton, of Charleston, has filed with Mr. W. H. Shaw, Clerk of the United States Cir cuit Court, an order denying a petition made by Jno. W. Fries, of Winston, receiver of the North State Improve ment Company, asking to be allowed to sell the rolling stock of the Cape Fear and! Yadkin Valley Railroad to John Gill, receiver. The main ground upon which the petition was refused was that the North State Improve ment Company was under contract to allow the road to use the rolling stock for a certain length of time, and that time had not yet expired. "THE OLD RELIABLE." Circulation in Maxton Larger Than That of All the Other State Dailies Combined. Maxton Blade. "The WUmington Star, the old re liable, has donned a new dress from head rule to foot slug. Its headlines give it the appearance of a metropoli tan daily. The Star is a good news paper. It serves the news of the day in a compact, readable form so that he who runs may read the world's doings. The Daily Star has a larger circulation in Maxton than all the other State dailies combined." Wilson Times: "The Wilming ton Star made its New Year's bow to its readers in a new dress, presenting a handsome appearance. The Star is well printed, newsy, and a straight Democratic newspaper, and we wish for it many more prosperous years." By Telegraph to the Morning Star. Key West, Fla., January 22. It is learned from passengers by the steamer CUvette which arrived from Havana to-night, that General Calixto Garcia recently entered the town of Guines and now occupies that place. It is learned from the same source that another outbreak in Havana is imminent, which (if it occurs) will probably be directed against Ameri cans. General Blanco, it is said, has concentrated his forces in Havana to be ready toimmediately put down any such demonstration. Washington, January 22. Jjast evening Consul General Lee cabled the State Department that tranquility prevailed in Havana, but he made no mention of the important engagement reported to have taken place in tne Cubitas mountains, resulting in the capture of the insurgent capital. The only reports f an official character on that point that have come to the notice of the Department are those received by the Spanish minister here. The minister himself is confident of the ac curacy of his advices. ' New York. January 22. Tomas Estrada Palma, head of the Cuban Junta in this city, to-day- denied that the insurgent capital at Esperanza had been captured by the Spaniards. He said: "It is true that a fight took place in the mountains near Espe ranza, but the Cubans, instead of being defeated, utterly routed the Spaniards." The other Cubans at the Junta de clared that the official report ofthe Stsanish victorv was simply a scheme to bolster up the European price Spanish consols. Copyrighted 1898 by the Associated Press. London, January 22. While events are moving "with somewhat dramatic rapidity in the Far East and complica tions may any day develop a situation fraught with momentous dangers, when the known facts and the position of affairs are analyzed there is really not much reason at the present moment to suppose that a solution of the crisis will be found in a resort to war. There is reason to believe that diplomatic circles do not fear that it will be neces sary to appeal to arms, unless (and this is the dangerous feature of the sit uation) Japan breaks from her men tors. So far as the European Powers are concerned, the diplomats through out are satisfied that the Chinese ques tion will not break the peace of the world, but they have always feared that Japan will prove a firebrand. Unless she can be restrained from im petuous action, the departure of her fleet from Yokohama to day for Chi nese waters may prove to be the strik ing of the match which may lead to a dreadful conflagration. Leaving out the possibility of war, the diplomatic game is most interest ing. The Marquis of Salisbury is slow in playing his trumps, but unless Rus sia and France have some up their sleeves, it would appear that he has a decided advantasre. for the British pre mier has forced Russia to show ner hand. She no longer conceals the fact that she regards the whole of Man churia and Liao-Tung peninsula as be ing her own exclusive prey ; but by insisting that Ta-Lien-Wan (north east ofPort Arthur) be made a treaty nort. the Marauis of Salisbury has countered the Muscovite designs on Port Arthur, for the latter is of little strategic value without Ta-Lien-Wan. France, of course, resents the propo sal' to open up Nan-Ning, which would clash with her exclusive interests in Tonquin, while both Russia and France are deeply concerned in Great Britain's claim to- extend the Burmese railroad into the Chinese pro vince of Yun-Nan. France has se cured nrivileeres in Yun-Nan which would Hae seriously discommoded by the British railroad diverting to the north the commerce of such a rich province, while a railroad from Ran goon to Shanghai (which would be the natural outcome of Great Britain's demands) would be a disastrous com petitor of the trans-Atlantic line (from Samarcand to Port Arthur), which Russia is so laboriously constructing. As the Associated Press has indi cated throughout; there seems to-be an understanding between Germany and Great Britain; but Germany at the same time has so skillfully played her cards, alternately caressing St. Petersbure and London, that the relations Detween both capitals are better than for a long time past. The firm confident tone of the British ministerial utterances, em phasizes that Great Britain does not intend to recede from the main points of the position she has taken, and the cabinet ministers are merely vdicing the determination of the country, which recognizes that if Great Britain gives way now she will only have to fight the battle in the future, when the com pletion of the Siberian railroad will ren der it more difficult to count upon a bloodless triumph. While, there fore the present situation is admittedly E regnant with possibilities, it need not e assumed that peace is endangered and war will follow if Great Britain maintains the ground she has taken up. Verbal bluster and naval dis-' plays are only the usual accompani ments of ereat diplomatic struggles, and are intended to test the enemy's nerve. In the meanwhile it may be observed that while Great Britain is unlikelv to budsre from the broad principle which the Chancellor of the Exchequer, Sir Michael-Hicks-Beach, enunciated, there are glimpses of the fact that the negotiations at Pekin should not be accepted as necessarily final. As a sample of the credibility attach able to the various . rumors in circida tion, the British admiralty explicitly denies the accuracy of the reports cir culated here on Thursday last as to the strengthening of the navy by 5,000 men (2,000 additional stokers to be en gaged during the present quarter) and the immediate commissioning of thj reserve battleship Hannibal, now at Portsmouth. As usual, there is every explanation of the sudden rush of British troops to Egypt except the right one. " What really seems to have happened is that Col. Parsons while en route to take over Kassala, from the Italians, found King Menetik, of Abyssinia, in the freatest state of wrath at the surren er of the town (which his Majesty re garded as part of his domain), to the Egyptians, and he was mobilizing an army with the intention of asserting Ins authority. If King Menelik should be acting, as suspected, in concert with the Mahdi, the danger of the situation is greatly enhanoed, especially if there is truth in the stories, (which are leak ing out just now), of the existence of j-? L n. i a:- TO REDEEM BONDS IN SILVER COIN. Continuation of the Debate in the Senate on the Teller Resolution Concerning Redemption. SENATOR STEWART'S SPEECH Declared the existing Law Mandatory Upon the Secretary of the Treasury to Redeem Bonds in Silver Bond Steal" Denounced. By Telegraph to the Morning Star. Washington, January 32. Two amendments were offered in the Senate to-day to the Teller resolu tion, one by Senator Nelson, of Min nesota, declaring it to be the duty of, the Government under existing laws to maintain the parity in , value of its gold and silver money, and the other by Senator Spooner, of Wisconsin, substituting for the Teller resolution a declaration that it is the financial policy of the United States to main tain the existing gold standard until an international agreement with the leading commercial nations of the world for the free coinage of silver shall be reached. There was no de bate unon either amendment, both being proposed after Senator Stewart, of Nevada, had addressed the Senate for an hour and a half on the resolu tion. Senator Stewart began his argument by stating that the disregard of the resolution which-is already a law of the United States had brought many calamities upon the land, and that the results of such disregard had been dis astrous and lamentable. He attributed the panic of 1893 directly to the disre gard of the law. He maintained that the lawawas mandatory ,upon the Sec retary t the Treasury to redeem bonds in silver, and declared that apologists of the administration ad vanced as their only argument in fa vor of the Government's position, that it was the established policy of the United States to maintain gold and sil ver at a parity with each other, as the law provides. "Such an argument, said Senator the Stewart, of common sense. "The plain fact is an insult to the American declared the executive is. Nevada Senator, "that the department of this government has not in twenty years been guilty of a more evident violation of the law than is its refusal to pay the government's obli gations in silver " Referring further along to the sale of the $262,000,000 of bonds by the administration of Mr. Cleveland, Sena tor Stewart declared that in the sale of those bonds there had a "steal" of $30,000,000 with the connivance of the Executive. The Senator denounced it as a shame that no adequate investiga tion of the "steal" had ever been made by Congress. Senator Stewart said he had great respect for Senator Gage, the Secre tary of the Treasury, as he had the distinction at least of being honest in the expression of his opinions. He said that if Mr. dace were nut out of the cabinet it would be for tellinethe truth, as he had. evidently commit no other offence. The Senate devoted an hour to AAnaiilaMilirn nf Kills rm tVlA rA.lf.TIC a-nA ahnrlfT attar 3 nV1rnk wpnt. IT Senate adjourned. - - Another Ballot Taken for U. S. Senator McComas Men Claim Their Can didate Will Be ElectedJ of THE DRY GOODS MARKET, - . i Cottons Quiet No Change in Woollens -Print Cloths Firm. By Telegraph to the Morning Star. New YoRk, January 22. The week closes with a quiet market in nearly all classes of cotton goods. Woollens show no change of moment. The number of -buyers in the market through the week has been a fair, one. They were fairly liberal buyers too. Print cloths are firm. The bids for extras at 1 l-8c plus 1 per cent are refused by manufacturers. Odd grades are selling on a basis of 2 3-16c for extras, and the demand is of fair proportions. dissatisfaction among General Sir Herbert Kitchener's Soudanese (who are real fiehters) and the reported lack of backbone shown by the Egyptians durinc the last operations. It is rumored that Emperor Francis Joseph of Austria will shortly an nounce the betrothal of the Arch Duchess Elaizbeth, daughter of the drown Prince Rudolf, to the King of Spain. London, January 22. Regarding the semi-official communication made public in St. Petersburg to-day, the following semi-official note will be published in London this evening: "The British vessels which recently visited Port Arthur -merely touched there in the course of their ordinary cruises, and would naturally leave after a short stay. The question of calling and departure is one at the dis cretion of the British admiral on the station." ."In spite of the statement of the for eign office, there is good reason to be lieve that the withdrawal of the British warships from Port Arthur is due to the great irritation in Russia at their being there, and the strong representations of the Russian government on the sub By Telegraph to the Morning Star. Annapolis, Md., January 22. The Maryland Legislature in jJint session to-day took another ball oi for United States Senator which resulted as fol lows : McComas, 46 ; Mndley, 3 ; Shy rock, 2; Gorman, A&. Total, 113. Necessary to a choice;, 57. The result of thhf ballot was to in spire a most hopeful feeling in the minds of the f ollovfers of Judge McCo mas. Judge McJfomas gained two votes over yesteQay. Ex-Congressman Findley gained one; all three came from the ranks of Major Shaw. This fact, coupled with the prevail ing belief that the influence of the leaders of the National Republican party is being brought to bear to force a speedy settlement of the contest, leads to the belief that the end is not far off. ' 1 The McComas men claim that their candidate will be elected Tuesday of next week. They claim to have seven more votes well in hand, which will be cast on Tuesday, if not on Monday. When these votes come over, it is be lieved by the McComas men that the moral effect will be sufficient to stam pede enough of the "eleven" from Baltimore city to elect McComas. Senator Norman B. Scott, who is authorized to call a caucus whenever he sees fit, announced .to-day that he would probably call it for Monday night. President Dole of the Hawaiian Re public, in an interview stated that the proposed annexation of Hawaii by the United States was regarded with ap proval on the island. Tn the Editor : I hmv CONSUMPTION and all 1 Tjmmt TrmihtM. And all C It hornless cases hare been So troof-tositive am I ot 1,1 - 1 CPCC anan rirvon racetot of Bxoress and Alwtiva sincerelT row t ia sim.um. m.u.. is rear When writing the Oootor. ptoaM
The Weekly Star (Wilmington, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Jan. 28, 1898, edition 1
1
Click "Submit" to request a review of this page. NCDHC staff will check .
0 / 75