VOL. XXXIX. NO. 13 SENT TO THE ROADS THE LEADER OF TIIE WINSTON .MOB SENTENCED FOR SIXTY DAYS. SPECIALTERM OF COURT ORDERED And All the Cdses Against the Rioters \\ ill be Disposed of Next Week—The State is Represented by Four Law yers Besides the Solicitor—Many of the Accused Men Have uo Counsel- Prominent W ltnesses Examined—A New Court House Recommended. Special to tlie News and Observer. Winston, N. C., Aug. 17. Iu the trial of Sunday night’s rioters the State is represented by four able lawyers, besides the Solicitor. Several prisoners have employed counsel, bnt maty of them have none. Among the witnesses examined for the State to-day were Mayor Gray, Sheriff McArthur and Lawyer C. B. Watson, who gave damaging testimony. The State sought to establish by these witnesses the fact that there was an un lawful assembly. Several of the pris oners were identified as being present at different periods of tne trouble, some of them displaying pistols and guns. It was shown by the witnesses that the stubborness manifested by the mob was remarkably foolish in refusing t > disperse after the conserva tive wari i lgs, and the assurances given them by officials and well known citizens Their folly was emphasized by a fact brought out in Mayor Gray’s testimony He was told that the negroes feared that Tuttle would be lynched by people from the country, and that they had been in formed that a lot of horses were tied in the pine woods in the west end, where upon the mayor sent the chiet of police with one of the negroes to the west end in order that they might be satisfied that the report was untrue. Even after this the mob persistently re ; fused to disperse. Gov. Carr, this afternoon, having or dered a special term of court for the trial of the rioters, all of the cases will be disposed of next week. Micajah Watts, one of the leaders of the mob, was sentenced to the county roads for six months this afternoon for having a concealed weapon on the night of the trouble. In the report of the grand jury to-day a strong recommendation was made for the county to build a new eourt house. In calling attention to the report Judge Brown announced that the county com missioners could build one without a vote of the people and it was their duty to have it constructed. It was learned to day that Martinsville has raised her quarantine recently in stituted against the smallpox district in Patrick county, Virginia. There have been no new cases for several days and the physicians say the disease is com pietely under tbMr control. SI'NDAY SCHOOL CHATAI QLA. The luterest Unabated and Many Prominent Delegates Arrived. Special to the News and Observer. Bed Springs, N. 0., Aug. 17. From early noon till late at night the rain fell in heavy showers during yester day, but it did not prevent the Sunday School Chatauqua services, cor over two thousand people attending same. Friday morning’s session was opened by Rev. John Gough, of S. C. An address on “Dont’s in Sunday School Work,” was happily delivered by Col. T. F. Toon, of Lumberton. He was followed by several suggestions by differ ent persons. Mrs. T. D. Wray. formerly of Raleigh, but now of Columbia, S. 0., gave prac tical illustration in teaching a class of adults, the lesson for Sept. Ist, ‘ Fall of Jericho.” Many were the expressions of pleasure upon the method of doing this important work. Mr. 8. P. Smith, of Charlotte, gave a normal blackboard lesson on “Books and Authors of the Bible,” which was very instructive and helpful. “Methods of Work - ' was considered conversationally, led by the president, and valuable hints and suggestions given by a great many of the members. At 3 p. m. the orchestra gave a sacred concert of vocal and instrumental music. Prof. Rut bush, of Maryland; Profs. Remsburg and Sheetz of Fayetteville, and Mr. W. Frank Blount, of Hope Mills, assisted by others of the musicians, made the occasion one of fine entertain ment. At 3:30 Dr. Rominger gave a practical illustration of “Ideal Teaching,” using the lesson on “The Brazen Serpent.” This was followed by an address on “Giving—How to Secure Contributions and What to do With Them,” by Rev. Mr. Rankin, pastor of tho Presbyterian church of Red Springs. He was followed oh the same line by several short speeches. Rev. Dr. C. E. Taylor, Prof. F. P. Hobgood, H. A. Dockery, Esq., and Con gressman Shaw, of this district, aud other prominent geutlcmcn were in the audience this afternoon. At night, instead of services at the Tabernacle, an impromptu entertainment was given at the Hotel Townsend, con ducted by Mrs. Marshall, one of the sum mer visitors. The talent of residents and visitors was called on, and for two hours the audience were most delightfully held with instrumental music, duets, quartets, solos, recitations, Ac. Congressman Stfbw opened the ex ercises by a brief address of welcome to the Sunday School workers, aud express ions of his own high enjoyment of the Chatauqua. Among those of our Raleigh ladies who took part in the concert were Miss Olivia Barkley and Miss Rose Broughton in a quartet, and Miss Maggie Moring with violin solo. The entertainment was really one of the most delightful that we have atten ded in a long time. During last night the residence of Rev. Mr. Moore, of this place, took fire and burned down. The News and Observer. WE [UMMESTT ©OGBCOTILMTOK] GDF MM TOlKirffl] GBAiMILOKIA OMOUfn RANSOM WILL BE REAPPOINTED And He will Return to Mexico the Last ol August. Special to tlie News and Observer. Washington, I). C., Aug. 17. There is naturally much discussion here among North Carolinians over the decisio.: of Hon. Holmes Conrad, Soliei tor General of the United States and acting Attorney-General. Mr. Ransom’s incumbency was declared to be contrary to the Federal constitution, and the act ing Attorney-General sustained the ac tion of Mr. Thomas Holcomb, Auditor of the Treasury for the State Depart ment, in declining to pass favorably upon Mr. Ransom’s vouchers for salary and expenses. The decision of the acting Attorney General was based on a question raised by Auditor Holcomb as to the legality of Mr. Ransom’s appointment to the Mexi can mission, iu view of the existence of section 2, article 6, of the Constitution, which declares that “no Senator or Rep resentative shall, daring the time for which he was elected, be appointed to any civil office under the authority of the United States which shall have been created, or the emoluments whereof shall have been increased, during such time.” This provision apparently fitted the case of Mr. Ransom for he was nominated by President Cleveland and confirmed by the Senate before his term of office as Senator of North Carolina bad expired, and during that term the salary of the Mexican mission had been increased $5,000 a year. Mr. Ransom was elected to the Senate in 1872, and served continuously from April 24th of that year until February 23rd, 1895, when his nomination to the Mexican mission was sent to the Senate and immediately confirmed by that body, and until the 4th cf March, when his term expired and his commission as Minister to Mexico was signed by the President. He was a member of the Senate when the diplomatic and consular appropriation bill was passed, which contained a provision raising the post of Minister to Mexico from a mission of the second class to a mission of the first class, and increasing the salary of the office from $12,500 to $17,500 a year. It is due to Mr. Ransom’s occupancy of a seat in the Senate chamber at that time that he is to-dav without an office and that he is technically a debt *to the government for the amount of a. iry he has drawn since assuming his diplomatic post. Whether or not he voted in favor of the increase is of no consequence; the fact that he was a member of the Senate when it passed the diplomatic aud con sular bill as stated, operated against him in holding in a legal manner any Federal civil office “which shall have been created, or the emoluments whereof shall have been increased during the time for which he was elected Senator.” It is believed that the President will reappoint Minister Ransom, and provis ion will be made for che payment of his salary while he has been the de facto min ser by the next Congress. The President’s commission will run until the Senate shall have acted on Mr. Ransom's nomination, which will be sent in early in December. Until Mr. Ransom re eeives this recess appointment, the United States will be represented at the Capital of Mexico by Mr. Bntler, who was regu lar y designated and recognized as Charge D’Affaires at the time of Mr. Ransom’s departure for home, a few months ago. Although the opinion of the Depart ment of Justice in regard to Mr. Ran som’s case bears the signature of Soliei tor General Conrad, it is understood that the opinion was approved as sound by Attorney General Harmon and Sec retary Olney before it was officially ren dered. Attorney General Harmon’s reeent visit to the President at Gray Gables is believed to have relation to this case, and it is said that it was then con cluded that the best way out of the legal entanglement was the issue of an entire ly new* commission to Mr. Ransom. It is understood that aside from the inconv- niecce which will be occasioned to Minister Ransom by the failure to re ceive his salary promptly and the neces sity for his re appointment, there will be no* other complication attached to the decision. Mr. Ransom has understood for six weeks that’the Solicitor General’s decis ion would be against him, and while he was forewarned to this effect he was notified at the same time that as soon as practicable after the decision should be rendered he would be re-appointed. It was the knowledge of the effect of the decision which has caused Mr. Ransom to remain in this country as long as he has, but the assurance of his re appointment has been made so plain that he has made all preparations to return to Mexico towards the close of the present month. The provision of the Constitution under which the Treasury refused to audit and allow his account will not apply to a re-ap pointment, and there will be no further difficulty in the matter. * * * Edward H. Hunter, of Raleigh, who is a clerk in the Land office, has been pro moted from s<»uo to S9OO. Before com ing to Washington he was principal of one of the colored schools in Raleigh. 'l* 4 * Walter L. Smith has been appointed postmaster at Dan River, aud Florence T Lee at Reynoldson. CORN LIQUOR CAUSED IT ALL. A Drunken Frolic Ends in a Fatal Duel Between Moonshiner*. Asheville, N. 0., Aug. 17.—News of a fatal shooting and cutting affray that occurred Tuesday night on Bull Creek, a wild section of Madison county, has reached here. Zeb R. Whitt was shot and killed instantly, while Jeff Mace, who, it is said, killed Whitt, was cut so , badly that he will die. The fight occurred at a drunken frolic where mooushiue whiskey was plentiful. It is thought there are several illicit dis tilleries in the neighborhood. It is also reported that a deputy sheriff of Madison was killed while arresting [ some of the parties, but the report has not been confirmed. RALEIGH, N. C.. SUNDAY. AUGUST 18. 1895. A GUY FAWKES PLOT ANOTHER CONSPIRACY TO BLOW UP BOTH HOUSES OF PARLIAMENT. BY THE TURKISH ANARCHISTS Manager of an Enslish Lithographing Company Arrested lor Publishing a Turkish Weekly Paper in Which So cialists and Others were Called I pon To Combine to Blowup the Houses ol Parliament Upon the Opening Sessiou--Mr. Harrity Interviewed. [Copyrighted by the Associated Press.] London, Aug. 17.— Ever since Novem ber 4, 1004, when a certain Guy Fawkes and others engineered such a scheme, but were detected and hanged, the possi bility of a plot to blow up the Houses of Parliament has been one of the pet scares of British officials, and regularly, year after year, ever since, the vaults of the Houses of Parliament, previous to the re-assembling of that body, are formally searched for powder barrels with old time ceremony and acuteness. This year, however, there was some little show r of cause for the apparently unnecesary precautions taken, for with the opeiing of Parliament comes the disci very, real or imaginary, of a scheme to send the Commoners and Lords unex pectedly skyward in a body. W 7 hether the story be true or not, the afternoon papers yesterday made quite a sensation out of the affair and the inhabitants of this great metropolis have not done talk ing about it. Simmered down to cold facts, it ap pears that there was some foundation for the report, and it rested upon the fol lowing basis: Some few weeks ago the manager of a local printing and lithographing com pany was asked by a foreigner described as “dark looking and mysterious,” (of course) to lithograph a weekly paper for a Turkish company. As no knowledge of the Turkish language was necessary for the job, the manager of the English concern undertook the contract, and lithographed thousands of copies of the Turkish weekly, the paper being mostly 3ent abroad. *A few days ago, however, two detectives from Scotland Yard called at the lithographing establishment and asked the manager if he was aware that he was suspected of being engaged in a plot to blow up the House of Parliament and that his visitors hailed from Scot land Yard. In reply to the unfortunate manager’s protests of innocence, the detectives ex plained to him that he had been printing in the guileless looking Turkish weekly red-hot anarchistic literature calling upon socialists aud others to combine for the purpose of blowiDg up the Houses of Parliament upon the occasion of the opening session. One article actually stated that sixteen men were really on their way to England from various points, in order to make the necessary arrangements In spite of his protests, the terrified manager was escorted to Scotland Yard, where he was examined by the chief of detectives and a police commissioner. To these officials the manager explained all the circumstances of the case, and was allowed to go upon promising not to lithograph any more Turkish weeklies without first ascertaining the nature of their contents. According to the Globe, the police first got wind of the affair owing to the boast ing of some London anarchists. i Queen Victoria aud Emperor William Facts, which have now leaked out re specting the meeting of Queen Victoria and Emperor William of Germany at private parties given by her Majesty at Osborne, during the Cowes regatta, show that the cordial relations, which had been ruffled by the Emperor’s failure to consult the Queen regarding the present Czarina’s engagement to the Czar, have again been restored, and the coolness has quite vanished. During the dinner at Osborne the con versation of the two sovereigns was most animated and affectionate, those present noticing especially the great ten derness which the Emperor displayed in assisting the Queen to rise after dinner, and the gracious manner iu which she accepted his help. The Coming Yacht Race. As the date for the races for the Amer ica’s cup approaches, interest in Val kyrie 111 and the performances of De fender increases. The brief cable dis patches from New York, published in the English newspapers are eagerly read aud much discussed. There is no doubt that the yachtsmen here are far from feeling confident that Lord Dunraven’s yacht will bring the cup back to England; but it is generally admitted she has a better chance to do so than any of her predecessors. Nat urally, the greatest interest of the ex perts centers in the question whether Valkyrie 111. will or will not have to al low the Defender time, and therefore, there was much disappointment when it was announced that the measurements of the cup of the Defender will not be known until shortly tie fore the first race. The contest between Mr. K. S. Pal mer’s American cruising schooner Yampa aud Frederick Will’s British cruiser Amphitrite, on Wednesday last, off Cowes, created a great deal of interest here. Yampa, though beaten, was generally admired. The Yachtsman says : “The picture presented by Yampa, with every stitch of canvas she can set off the wind, is ouo that makes our boasted cutters sink into insignificance. The Britannia could never make so fine a picture.” TrilPyJDoesu’t go iu England. The publishers of I>u Maurer’s cheap edition of “Trilby” are makiug deperate efforts to force the sale of the novel which had so extraordinary a sale in America. In spite of this fact, however, the story does not seem to have hit the ■ popular idea of an entertaining book for , the English public, i An Interview With Mr. Ilarrity. Mr. Wm. F. Harrity, chairman ot the Democratic National Committee, sails for New York shortly after having coue England, Ireland and Paris. He is much improved in health and takes a sanguine view of Democratic politics. In conversation with a reporter of The Associated Press he said : “With the great work the Democratic administration is doing for ‘sound mono}’ good times are returning and will eon tinue to improve, for which the Demo crats will get credit. The next Republi can House is sure to encounter compi ca tions. “I really do not believe Mr. Cleveland would take a third rm. There is uo pronounced candidate for the Presidency among the Democrais, rot because the chances of his election ate no good, >ut because it is too early for candidates to appear. Mr. Wm. C. Whitney is the most talked of. I see he says he is not a candidate. Mr. Whitney is human aud he would make a splendid candidate. “My best information is that the Dem ocrats are going to get together and carry New York next November. That will encourage the Democrats of other Slates. We shall, therefore, go into the cam paign full of enthusiasm. With the re turn of good times the tree coinage of silver agitation will die out and good times mean a Democratic victory in 1896.” LOC A L MINISTrRS’ CON FI IIEM E A Wab’ensiau Minister Tells the His tory of His People. Special to the News anti Observer. Rutherford College, N. C.,Aug 17. At the morning session of the L oal Ministers’ Conference now in session here, much routine business was finished. Rev. Barth Sober at 11 o’clock delivered the expected address on the Walden sian colony, located at Valdese Depot, two miles from the college. The colony has thirty-six families and their history is an inspiring story. At 2p. m. the Conference went into election of officers for the ensuing year, resulting as follows: W. P. Williams, President; J. A. Reagan, D. I) , First Vice-President; Isaac N. Maun, Second Vice-President; Arthur T. Abernethy, Third Vi' e Presi dent; Levi Branson, i>. D., Financial Secretary. The next Conference is to be held at Rutherford College in August, 1896. ex-Governor Thomas J. Jarvis accepted the invitation, and takes part in Dr. Abernethy’s memorial services at 4 p. m. Snnday. Sunday will be the great day of the Conference. GOLDSBORO IN IT TOO. Its Tobacco Market will be Formally Opened Sepjember 10th. Special to tlie News and Observer. Goldsboro, N. C., Aug. 17. Now that Kinston has a tobacco mar ket, Tarboro will soon open up on a big scale. The enterprising, pushing busi ness men of Goldsboro do not intend to be left, A warehome 95 by 200 feet is now being built to handle the large crop, which will be raised in that section this year. It is estimated that tobacco Q-m 1,500 to 2,000 acies of land within a radius of ten to twalve miles around Goldsboro will be sold this year. Work is going on as rapidly as possible to finish the warehouse by the tenth of September, and as well as a big break on tnat day, a free barbecue dinner will be given, also a big german that night. Workmen will begin soon to erect prize houses. A large number of buyers will be on haDd, and all who are interested in the market say they are determined that the tobacco sold on the Goldsboro market shall briDg as high a price, sc cording to the grade, as it would sell for on any other market in the State. H. B. H. HOW THE VOTE STOOD. The Filly-Year Proposition Defeated By a Vote of 6 to 4. Special to the News and Observer. Burlington, N. C., Aug. 17. I learned officially last night how the vote stood on the ninety-nine year clause in the Southern lease, and tried to get it through, but the telegraph office at Ral eigh was closed. A motion was made to make the term ninety-nine years. An amendment was offered making it fifty years. A viva voce vote was taken on the amendment, with responses for and against it. A di vision was called for and the following was the vote on the amendment: Ayes—Messrs. Overman, Young, Spruill aud Turner- 4. Nays—Messrs. Hoke, Morehead. Fries, Johnson, Maxwell and Allison— 6. Mr. Alexander was in the chair aud did not vote. This was the test vote which killed the fifty year proposition, and then the ninety nine year clause was adopted. A term shorter than fifty years was not seriously considered. F. B. Arendf.ll. BASERALL VESTEKDAV. At Philadelphia: «• *• Philadelphia, 3 l) 4 1 0 5 0 2 2—17 21 2 Boston, 01100 032 0— 712 2 Batteries: Orth and Clements; stivetts, Dolan, Sexton and Ryan. At Cleveland: R- h. k. Cleveland, 0 3 3 0 0 00 0 *— 0 11 0 Cincinnati, 0 00000000—0 4 3 Batteries: Young and McAleer; Parrott and Vaughn. At New York: n. n. n. New York, 1 0 1 0 0 0 0 0 0— 2 4 3 Brooklyn, 00300 000 1— 710 1 Batteries: Itusie and Farrell; Daub and Dailey. At Chicago: R* h. e. Chicago, 11 002021 *— 7 12 2 Pittsburg, 2 0 0 0 00 0 0 07-211 5 Batteries: Hutchinson and Kittridge; Foreman and Merritt. At St. Louis: R. h. e. St. Louis, 0 1 2 00 2 0 7 *-12 IS 4 Louisville, 0001 2 11 i2S 13 3 Batteries: Khret and Piotz; Woyhing and W arner. At Baltimore:—Postponed. HIS PARDON CAME TOO LATE A North Carolina Counterfeiter Dies in the Penitentiary at Albany. Albany, N. Y., August 17.—John Honeycutt, aged twenty two, the coun terfeiter, died in the penitentiary to day, a victim of consumption. He was born at Fort, Stanly county, N. C., and was convicted January, 1894. He was par doned out last week by President Cleve land, but was not able to undertake the journey home THE STATE GETS LESS WITH THE STOCK AT MO,I TIIE STATE WOULD GET ONLY I.BG PER CENT EVEN UNDER A 50 YEARS LEASE. UNDER THE OLD, IT GOT OVER SIX. Under the Thirty Years’ Lease at DO, the Stale Got 0.70 Per Cent—Should the Stock Go to 200 Under This 09 Years’ Lease, the State Would Get not More Than 3 Per Cent., Thus Combatting Alexander’s Idea—Opin ions in this City and Justice Bynum’s Views as to the Power of the Direc tors to Lease. With a few exceptions yesterday, the indignation was outspoken at the action of the directors in having, Friday night, leased for ninety nine years the North Carolina Railroad to the Southern Rail way. Tlie word lease was not used in most instances by those condemning the action, for a ninety-nine years’lease is considered both in business and legal parlance to be a sale, and nothing less. But the expression of the people did not stop at indignation; it weut further iuto a search of the remedy against the doing to see if there could not be some way by which it could tie undone. Suggestions toward such an end took different forms, but were in the main the same. It was conceded by several law yers that an action by a stockholder to annul the contract would bring the mat ter properiy before the court, and this may be done. The average statement embracing the sentiment above referred to, may be found in what was said by Mr, Wesley N. Jones: “I do not know” said Mr. Jones “whether the lease of the North Caro lina Railroad is a hard bargain for the State or not. If it is, under the cir cumstances, the people of the State ought not to allow the contract to stand without an effort to have it rescinded. If the consideration is as grossly inade quate as is indicated in thi3 morning paper, compared with the lease of other roads, the contract ought not to stand. The directors are men of high character. They ought not to be condemned with out hearing their side of the matter. It 3eems to me there was too much secrecy about such an important affair and the leas* comes as a surprise to the public for whom the directors are acting for the most part. But what I desire to say is simply this—that if the directors have leased the road for 99 years for a grossly inadequate consideration their contract can in my opinion, under the circum stances be rescinded by the courts and ought to be. Whether the consideration was grossly inadequate I do not know, but if it is the courts can deal with the matter in my opinion, and if they can’t what are they for? The directors are but trustees "o man age the property not to sell it and this lease for 99 years is practically a sale. In the original charter of the North Carolina Railroad the directors are given the power to farm out the road, but no such power was contem plated or given as was exercised at Bur lington yesterday by the directors—cer tainly not without consulting the cestui qui trusts or bent ficial owners, who are the private stockholders and the people of the State at large. This was not done. In fact the lease was made rather secretly, and that too in the face of the protests of the people of the State, whether wise or otherwise. If there is anything wrong about this lease it ought not to stand. I hope the light will be turned on fully.” The people, really, were so much in the dark concerning the doiugs of the directors that they were at a loss how to discuss the whole matter intelligently, but upon one thing all were agreed, namely, that the leasing of the road either for ninety-nine years or for fifty years was out of the question, and even the few that might have been averse to a thirty years lease under proper condi tions, were outspoken against the man ner in which the whole negotation was consummated. For against the express wishes of the people, there had not been so much as a whisper from their agents explaining the basis of what would be the probable outcome. One gentleman, of high character and re sponsibility in this city, took the ground that the plans should have been made public before any action. But the remedy : that was uppermost in the minds of most. Can anything now be d me? Aud iu this connection, section 19 was looked up in the charter, under the nominal authority of which the directors let the road go. S- ction 19 reads as follows : “That tlie said company may, when they see tit, farm out tbeir rights of transportation over said railroad, subject to the rules above mentioned,” Ac. Tlie express power to lease under this section is denied by many, and was de nied by Bynum, J., in 72, N O , p. 634, in the case of the State of North Caro lina vs. the Richmond and Danville Railroad Company. The court, Judges Pearson, Reade aud Settle, delivered the opinion that this section authorized the lease. Judge Rodman did not sit because he was a stockholder in the road, while Judge Bynum, in one of the ablest opiu ions he ever wrote contended that the [lower “to farm out the right of transportation,” did not confer the right to lease the corpus thereof saying, “in the opinion of the court, it is held that tlie power to farm out the right of transportation over a road is the power to lease the road itself, and under ibis limited aud specific graut, that the company can iu the words of the deed of lease ‘demise, let, hire, and form out the entire railroad with all its franchises, rights of nans port atioa, works and property, including its superstructure, road lied and right of way, depot, houses, shops, buildings, fixtures, en gines, cars, and all franchises belonging thereto.’ To me this appears to be an immense structure erected upon a slen der foundation, and needs at least a single decision or authority to maintain it. A right of transportation over a road is one thing, and the road itself with its engiues, shops and property is certainly another, aud there can no more be confounded than rent can be with the land out of which it issues. One is a right of passage over the corpus, the other, the corpus itself. A lease of the road would carry the right of transpor tation as an incident; but the right of transportatiou would not carry the road, for if so every wagoner at a toll g.rte, who buys a ticket over a turnpike for . a year or a term of years, thereby ac quires a lease of the road aud its man agement. Nothing is more common than for all roads, with connecting lines, to farm out the right of transportation over their lint s, and in this day of close connections and rapid transit, the prac tice is indispensable to successful busi ness. We every day see this right farmed ont to express companies, and by one company tor tne cars and freight of an other, and for special purposes. * » ****** “But it is perfectly clear, that without a power to that effect in the charter, a a railroad company can neither make a voluntary sale, lease or mortgage any more than it can bank, insure or deal in stocks. . * * * * “Public law so well settled and recog nized at home and abroad should not be overthrown by the mere construction of words on a charter, of ambiguous and doubtful meaning; but on the contrary, should coutrol tbeir construction accord ing to every rule of interpretation. “The rapid multiplication of these bodies, their resources and far reaching ambition, their übiquity and vast com binations, all moved *and directed by concentrated power and talent, consti tute them a distinct and almost inde pendent and overshadowing power in our governments, and in fact the great social and political problem of the age, whether they shall control governments, or governments shall control them, are questions that are forcing themselves upon public attention, and fast assum ing practical importance. They should and will be maintained in the exercise of all their essential and legitimate powers, as necessary and useful institutions of modern civiliza tion. But if in addition to the danger ous power of transferring all their pro perty and franchises to any body and anywhere, it should also be held that their corporate powers are ouch contracts as put them beyond the reach of all legislative checa. or control in the inter est of society, then the problem will have been solved. The government, in my opinion will have abdicated its sovereignty, heretofore supposed to lie inalienable, and society will be left with out protection to chartered irresponsi bility. 4 4 4 4 4 * “My conclusion upon the whole case is, that the North Carolina Railroad Company had no right to change the gauge and its assignee acquired no right to change it; and furti that tho lej:se is ultra vire and void. For although the right of transportation over tne road is the subject of lease, the lea.se as made cannot be good in part and bad in part, because it is impossible to separate the good from the bad and to apportion a rent given in solido. I therefore think the judgment of the court below should have been affirmed ” If this question were brought before the Supreme Court as at present consti tuted, whit would be the decision? Would a majority of the Court take the same view as did Judge Bynum in the above opinion ? There are several an swers to this question. Following the lease by the directors, the stock advanced yesterday, 4 points, to 110 bid. It is firmly believed that with the future fairly in sight for the North Carolina Railroad, a lease running ninety-nine years should gradually run the stock certainly to 150, and many say that under such a lease the stock would in the course of a few years be worth 200. This would, doubtless, be nuts for the p: ivate stockholders who no doubt look upon the lease as a gilt edge busi ness transaction, as they could be trad ing all the time in it to their advantage, and, if not, they could see their holdings gradually double in value. Aud this, they say, would be true for the State, also, but if the State retained possession of the road and of its stock worth 200 on which it was receiving 7 per cent, the rate of interest that would be realized by the State thus holding the stock for 99 years would not amount to 3 per cent. At the rate the stock is now selling, 110, even if the lease were for 50 years only, the rate of interest realized would be only 6 34 per cent : at 120 for fifty years, it would be 5 77 per cent.; 130, 5.29 per cent.; 140, 4 86 per cent., and so on, so that the State, being a constant holder and not a trader in this stock, will not get the rosy returns which appear on the Dice of the lease. So that President Alex ander was mistaken when he said in his telegram to the governor: “the lease is much more favorable than the old one.” For the old lease bearing 6 per cent, for 30 years, even putting the s ock all the time at 100 (and there are few who do not remember when it was in the eighties) would realize to the state oniy 6 per cent, or 1.14 per cent, less than if the stock sold at 140 on a lease even of 50 years. So that Mr. Alexander mightjmake his figures over again. But figures or no figures, the public would like to be taken into the confi dence of the directors just now as to their property, aud in the failure to be convinced that the State is not getting all that should reasonably be expected from this rich profit-bearing and grow ing road, it may be in order for those who have been so unnecessarily ignored to invoke the aid of the law. with the hope that the present court may see the matter as did Judge Bynum in his above quoted dissenting opinion. The Observer is the name of a neat and attractive new soul-weekly and weekly publication just begun in Wilson by L. E Barnes ami J. E Barrett. It is neat iu appearance and full of bright matter. Success to it! PRICE FIVE CENT?. ALAMANCE GLEAMINGS ECHOES OF THE l* AST AND PRES ENT FROM THE LAND OF SPINDLES AND LOOMS. BURLINGTON, GRAHAM, HAW RIVER Three Towns That are BtiiUtinu luto One and That Will be a Hie One- Industrial Activity and Genuine Hospitality--Fine Farms and Fine Stock -Handsome Men and Beauti ful Vi'omcu—Junita Cotton Mills, Stair Correspondence News and Observer. Burlington, N. 0., Aug. 17. Alamance county is rich iu resources aud reminiscences. Its soil drank up the first blood that was spilt in the revo lution and its water turned the first cot ton mill that made a yard of colored goods south of Mason and Dixou’s line. It was early in the year 1771 when a band of brave regulators met a regjment of Tories at a point near the southern borders of the county, and with a determination as firm as the Hint, whose sparks ignited their powder, tired a volley into the Tory ranks, the sound of which echoed about the Courts of Britain’s King. Some days ago iu com pany with Mr. L. Banks Holt, of Gra ham, 1 had the pleasure of driving over this historic ground. Near the road, in the shadow of a. virgin oak forest stands a modest granite shaft, on one,side of which is carved “Battle of Alamance,” on the other side is the bold proclamation, “The first battle of the Revolution.” Histo rians may cail it a skirmish, or even for get to mention it; but the mounds near by, under w hich sleep the remains of the Tory victims of that battle is history written on imperishable fabric, and which dedicates forever this spot as the real birthplace of American freedom and in dependence. Other battles have been fought here, but they have been battles of peace. A short distance from the old battle ground was the home of the late Edwin M. Ilolt, the pioneer plaid maker of the South, adjoining this is the beautiful country residence of Mr. Banks Holt, surrounded by a nine hundred acre stock, grass and grain farm, on the green hills of which graze herds aud droves of blooded horses, fine cattle and fine sheep and swine. A mile away on the Alamance river stands the old Alamance Cotton Mills, whose looms have been banging away on the famous “Alamance plaids” for more than fifty years. Graham ami Burlington. Graham is just two miles frim Bur lington, or Burlington is just two miles from Graham, I don’t quite know which. It makes little difference, however, for the way these Graham and IfurliDgton people are spreading 011 L these two miles will soon be obliteiJßed and the factories and houses and^BAeytff the Oneida Mills, the Sidney Aurora Mills, the Windsor Mills, the E. M. Holt Plaid Mills, the Elmira Mills, the Lakeside Mills, with their thousands of opmdles and looms and operatives all singing the song of profitable industry and with other mills building and still others projected, the time is hurrying on when this two-mile road w.ll baa two mile street, and Bur lington will be Graham and Graham will be Burlington with Haw River gal loping westward to joiu the union. Haw River, There are many places in this great old State where you find a very delightful blending of industrial actively and genuine old fash ioned Southern hospitality. Haw River is distinctively one of these places. The business activity here is the kind that is so rapidly building up the South, and the hospitality is that kind that lifts the latch of the heart as well as the home and sweetens the breezes with genuine kindness. Haw River as every body knows is the home of ex- Governor Thomas M. Holt, and the habi tation of his extensive cotton mills the Granite Manufacturing Company; the T. M. Holt Manufacturing Company and the newly organized Cora Manufacturing Company. I find here also Haw River’s new aud valuable citizen Mr. A. W. Haywood busily engaged in the prosecution of the new duties that have come to him as the co owner and co-manager of the cotton factories. Mr Haywood seems already in easy control of his new work in its every detail and is a valuable acquisition to Haw River’s business and social life, while the entire village and everybody in it seem brighter and better because of the presence of Mrs. Haywood one of the best and most charming young women in the State. Gov. anti Mrs. Holt and Dr. and Mrs. Laird are summering at Buffalo Springs. They are missed at Haw River, but with the Hay woods, Mr. and Mrs. Chas. T. Holt, Mr. ai d Mrs B. S. Robertson and others U ft, the village is bright, busy and beautiful. JunietH. . . Up Haw River tour miles is the Juniata cotton mills, formerly the Big Falls mills, which were recently bought by Mr. G. Rosenthal, Mr. E. B. Barbee and Mr. A. A. Thompson, of Raleigh, and White Bros., of Mebane. Mr. Rosen thal is the manager and I find him and his charming family comfortably eusconsed iu a beautiful summereottage, situated in a picturesque grove over-lcoking the river, the mills and the eottaged village. Juniata is a valuable property and a beautiful place, and Alamance is a great county and is every day growing greater. F. B. Arlndell. 801 l Worms in Mississippi* Jackson, Miss., Aug. 17 - Oapt. M. L. Jenkins has just returned from the Delta district, where he went on a tour of in spection of the State farms. He says the boll worms have made lln ir appearance in alarming numbers in Washington ami Isaqaeua counties.

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