The News and Observer. VOL. XXXIX. NO. 66 TO! LAMEST (BE AMY TOOTH ©Mi® LOOM QMOOf„ SHERMAN ON FINANCE RECOLLECTIONS OF FORTY YLARB IN CONGRESS AND TiiE CABINET. SOME LONu-KEPT SECRETS T OID Tl»e Feature of the Rook is its Extreme Frankses* anti Rut L tilt* Attempt at Literary Grace is Made—lt is an Ex position of the Financial Policy of the Republican Party»«Ci itleDm ol Garfield anil His Nomination for I*residen■ Grant's A d ministration. Chicago, 111., Oct 18 —The intrigues the jealousies and the traitorous knife thrusts of the last half century of Amer ican state c»aft are revealed in the tieiee light of stern criticism in “John Bher man’s recollections of forty years in the House, senate and Cabinet,” just pub lished in this city The fear that the venerable Senator would reveal secrets long kep from the public in his torth coming work has been to an extent re alined. Grant, Garfhld, BUine, Arthur, Harrison and other Republican leaden are spoiien of with unstinted praise for their high pers mat worth or statesman ship, buc each is, in guarded and covert language, shown ia ti:e leas commend able l'ght of scheming politicians, ihe criticism is aimost- iuva iably implied rather than direct, but it stands out clearly in the work as a whole. Owing to the expectation that the work would be iu a measure sensational, and the anxiety felt in diplomatic circles over its forthcoming, frequent effort has been made to gain information regarding its contents. Bat the Associated Press is enabled to present to day for the first time, a re sume of Mr. Snermsn’s autobiography. As anticipated, the feature o f the nook ia itsex reme trankness, the iu which Mr. Soertnan has expressed him self, showing the state: man rather than the professional book maker. The wo k is marked by clear cat sentences asn biant expressions of opinion, and but little a-tempt at literary" grace is made The book is very evidently intended by the author as an exposition of the finan cial policy of tha Republican party, which to a great extent is his owu, and about the extensive elaborate history of Amer ican finances is woven aaectoae an i per soaal remmiscenoe replete with interest to ev ry student of politics. Owing to tae close association of Mr She: ma.. and James A. Garfield, the criticism of the nomination of the latter for President of the United S‘a*cs i ; perhaps one us the most striking tea ures of the book. The author, while carefully avoiding a direvt charge of treachery on the part of the ex President, very signi ficant'y makes it plain that Mr. Garfield was uominaud ai a convention to which hejiad gone as the trusted leader of the Sherman forces. After showing, by the publication of private letters, covering a period of ye.rs of close political and personal association that Mr. Garfield was in reality his political protege,’ Mr Sherman gives in detail the hist ry of the qa'bna! convention of 1880 Follow ing the account of his own straggle for the nomi iatioa, he says: “la time I became thoroughly advised of wuat occurred at the Chicago Conven tion, and had become entirely reconciled to the result, though freqiendy after wards I heard incidents and details which occasioned me great pain, and which to establish the want ot sincerity on th3 of some of the delegates, tended to show that for some time before the meeting of the convention the nomi nation of General Garfield had been agreed upon.” The sti g felt by Gar field’s defection in I*Bo is inadvertently shown by a senti ment expressed during the discussion of the National Convention of 1892, where the Senator remarks: “From later developments, I became satisfied that Harrison could be elected, that Piatt and a powerful N w York in flueruc would defeat him if nominated. 1 therefore preferred the nomination of a new man, such as William McKinley, hat b? had committed himself to Har rison, and, according to my cole of honor, could not accept a nomination even if tendered him ” When it wa3 remembered that B.aine was als > a candidate for the Presidency hsfore the convention that nominated Gaifield, the significance of the follow iag explanation on the part of Senator Sherman o. why he was pot re-appointed hf President Garfield as Secretary of the Tres-u y is readily understood : “In the latter part of Nov-raber, 1881), Gan. G-rSeld came to Washington and • iUed upon Mr Blaine, who, it was un fierstood, was to be Secretary of State. GarS 1.1 came to my house directly from Blaine’* and informed me that ho had tendered that office to Blaine and that it was accepted. He said lhat Blaine t .aught it won dnotbep ibtical wiadomto •oa-aoue me ns Secretary of tr,o Treasury, as it would be r-garded as an unfriendly discrimination by other members of Hay**’ cabinet. I promptly replied that I agreed with the opinion of B nine, and was a candid .te for the Senate.” Hornething of the political scheming that again resulted in the defeat of the Ohio statesman in the National Conven tion of 1888 and brought about tho n m illation of ex President Harrison can easily 1m? read between the lines in that part of the work devoted to this strug gle. In discussing the result Mr. Sher man says that he becomes satisfied that oe« delegate from New York controlled the entire delegation from that State, and between Saturday night, when the ■awn nation seemed certain to go to ' Sherman, and Monday morning, when . the tide turned in favor of Harrison, a corrupt bargain was made in the interests of the latter, which secured him the support of New York and gave him the nomination. Continuing, the author states in fairness to the ex-President: “It is to tne credit of G u. Hkrrlfcon to say that if the reputed brg ;in was ' made, it was wrh ut his eon?,eat at the time.” ■ “On the eve of another National cam pain in which * x President Harrison is expires ed to figure prominently, Mr. ' Saerman does not iiosiiate to s f ate that [ in 1892 he did not consider Hardison a strong candidate. To his cold and ab rupt manner, he attributes h s unpopu larity at that lime. “Space is devoted by the author to an account of the important events of each administration. Iu this connection, M>. Sherman lays bare many of the jealous ies, political bickerings and clash of nm bitions that disturbed the harmony of the party iu power. Os Grant’s admin istration. he says it was a period of scan dal and slander. Perhaps the severest criticism of Gen Giant’s statesman: 1 ip is fount', in the following ex ract from Mr. Sherman’s work: “Daring the entire period of Grant’s administration, I was Chairman of the Committee on Finance of the Senate, and had to act upon all questions of tax ation, debt, bat-king or finance, and had occasion to talk with the President upon s ich measures. But. he rarely expressed any opinion or took any interest iu tn* m ” At the age of 72 years, Senator Sber man recalls the affair over the attempt to remove Chester A. Arthur from the Coilectorship ot the Port of New York with much feeling. The correspondence bearing on the controversy, never before published, is given in full, and Mr. Sher man’s part as Secretary of the Treasury is stated in detail. Arthur is shown up in an unenviable light, and the attitude of Roscoe Couklir.g towards the Presi dent is caustica ly commented upon. Die form-r’s nomination as Vice-Presi dent, the Ohio statesman says, was the whim of Uonkiing to annoy President Haies. Throughout that part of the work re lating to President Hayes, Mr. Sherman .-peaks in he highest praise of the chief execu ive o ? tue nation. As snowing the stinging criticism of which he is cipable, the foilowiug state ment made by Mr. Sherman at the time toe impeachment proceedings against President Johnson were instituted, is of interest. He s.iid of Mr. Johnson: “The truth is, he is a slave to hs passions and resentm ;nts. No man can confide iu him. “1 regard him as a foolish and stub born man, dub g even right things in a wrong way, ana iu a position where the evd that fie d us. It makes no difference whether the Cuban revolutionists are an independent nation, or a belligerent, or timply a band of rebels. In either case our peo ple have the right under the neutrality laws to sell to them war suppl es and to ship them and carry ihem, and to de liver them, subject, of course, to the right of Spain to seize and confiscate them when they get within her jurisdic tion. The owners and officers of the Commodore have the right to make public proclamation that th y are ship png and propose to carry arms to the Cuban insurgents, and there is no law of this country to prevent them or to touch them for so doing. The neutral ity laws do forbid the ‘fitting out’ and ‘arming’ of any vessel with the in ent that such vessel shall l>e empl y ed as an armed machine to commit hos tilities against a friendly p -wer and, as to vessels, the law hath this extent, no more. “Theneutrality laws never i•?tended to prevent our cwn people from manufac turing arms and selling them wherever they could be delivered on Dnd or sea Our neutrality laws are substantially the gam* as those of England. Dirir.g our civil war English subjects sod vast quantities of arms to oar so called ‘rebels’ and shipped them openly from Bri ish ports through the blockade to Southern ‘insurgents ’ Tae wharves of Wilmington, N 0 , were loaded with war material shipped from British ports and run through the blockade and de livered to those engaged iu war against the United States Government. The British port of Nassau swarmed with these ships taking on war material to be carried, and delivered to these same American ‘rebels.’ There was no lack of evidence to prove where they were going. It was a matter of universal notoriety at Washington, at London and in all the capita s of the earth’s great powers. Yet no British court or com missioner or officer ever seized these vessels in British waters or undertook to interfere with their commercial ven tures. Why? Because they were not armed ships to be used against the United States, but simply merchant vessels engaged in commerce. “Neutrality laws do not seek to pro hibit all manner of aid to per Hons eu gaged in hostilities with friendly powers If they did then it would tie a on a*; to have public mtsetings expressing syrnpa thy with revolutionists or to send them money, or for the public press to advo cate their cause. The Caban junta in New York is publicly soliciting and col lecting money for the Cuban rebels. They are epeuiy and publicly doing more for them than could be done by a whole fleet of steamers like the Commodore. Why does not. Mr. Harmon, the harmo nious, in his harmony with Spain jump on this junta ? Suppose he tried a libel on them “As to the statement about the Attorney General criticising or censuring District Attorney Aycock, it is incred table. I do not know Mr. Harmon, but 1 ilnubt not he is a man of sense and a reputable law .er. Ido not btfiieve that he seeks to hold his subordinate officers censur able for not accomplishing the impossi 11© ” * * * It is believed that the President will, within a tew days appoint a Fish Com mission. The duties have been perform ed by the chief clerk, but the thirty days has expired during which the office may bo stiled by t< mporary designation. Among the many candidates for the position is Mr Stephen G. Worth, of North Carolina The position is an especially desirable o’ e. Besides the salary, $5,000 a year, there are many attractions, not the least of those is the control of several fine steam vessels. * * * The Cape Fear and Yadkin Valley Railroad, it is reported here, wiil bo soid under foreclosure of mortgage at an early date. There are good reasons why more roads bes'des the Southern would like to b-o the purchaser. It is generally conceded that the Southern will be the purchaser for it would give that sjslem the means of reaching the sea,also a line through one of the best sections of the State. Tilers is rumor that the Norfolk and Western railroad will not see the road go at a mere song. Also the Baltimore and Ohio railroad have a desire to own the road. This would cause them to ex tend their line from Lexington to Win ston. The “Commodore” Ca*e Closed. Special to the News and Observer. Goldsboro, N. C., Oct. 18 The investigation of the “Commodore” case was closed this evening. One week was granted the attorneys for the gov ernment in which to file their brief, after which Judge Seymour will render his fiDal decision. MISS BURNETT TAKEN HOME. Annual Meeting of the Itoaaoke Rapids Power Company. Special to the News and Observer. Weldon, N. C., Oct. 18. Mbs Burnett, an accouut of whose misfortune in jumping from the train near Stoney Creek last night, appeared in today’s News and Observer, was taken to her home, in Charleston, last night. She was doing as well as could be expected. She had the very best at tention given her by her physicians and our eitiz ?ns Mr. D. E Stan back, of the Roanoke News, and bis wife, took in the Atlanta exposition. Messrs. Cohen and Habeleston, of Petersburg; Maxwell and Chanler, of New York, composing the Roanoke Rap ids Power Company, held their annual meeting Tuesday at Roanoke Rupids Judge J. M. MulleD, of Petersburg, was present. Robb. B. Puraell, a merchant of this place was run over and killed by an S. A L. freight, under the shed to-night. TIIE ROC KY MOUNT FA IR. It Will i his Year be One ol the Rest In its History. Special to the News and Observer. Rocky Mount, N. C , Oct. 18. The fifteenth annual exhibition of the Rocky Mount Fair Association will be held Nov. 6,7 and Bat their grounds lu re. During the past year many im provement have been made, notably in the race track, which at an expense of several hundred dollars, has b.en made faster. The chief attraction, as usual, will bo the races. There will also be bicycle races, and a big tournament on the Bth. There will be reduced rates on all the railroads. During Fair week the Qieen City Ger man Club will give two elegant dances During the next few weeks there wdl be three marriages, in which Rocky Mount plays a prominent part: Mr. Thomas 11. Battle to Miss Sallie Dortch Hyman, of Henderson; Mr. Edgar W. Smith to Miss Emma Arrington, both of Rocky Mount, and Mr. J. H. Cuthrell to Miss A mie Williams, of Tarboro. PATCH EN TO BE THERE TOO. Patchen, Gentry and Robert J Will Race at Reidsville. Special to the News and Observer. Reidsville, N. C., Oct. 18. Mr. James T Mray, Secretary of the Rockingham County Fair Association, received to day a telegram from the own ers of the celebrated pacing horses. John R. Gentry and Joe Patchen, in which a contract was closed for them to race at the fair hetfc-on the mile track of the as sociation Thursday, October 31st, for a purse of $1,500. This will undoubtedly be the greatest racing event ever seen iu any Southern State except Kentucky. ' Conductor Paysour Killed. - Special to the News and Observer. Lenoir N. U., Oct. 18. John Paysour, a popular conductor on the Chester and Lenoir Railroad was in stantly killed last night while making up his train. His body was carried to Lin colnton. A GRADUATED INCOME TAX. Rut South Carolinians Refuse to Tax the Dors. Columbia, 8. C , Oct. 18.—In the Constitutional Convention today an amendment was adopted to the article on taxation providing for the imposition of a graded tax on incomes. The prop osition to impose a per capita tax on dogs caused more discussion than auy other question of the day. Tillman wanted to tax every dog sl, the proceeds to go to the public schools, but the c- u vention refused to adopt this or any other amendment having the taxation of dogs in view. A bill to compel banks to pay a municipal tax on their capital stock was defeated as the stock is sup posed to be returned by the shareholders. Among important actions taken by the convention to night was the adoption of a provision prohibiting counties and townships from issuing auy bonds ex cept for educational purposes; that the State debt should not be increased ex cept by a vote of two-thirds of the quali fied voters; and that when such debt was created tho bonds should run for iot less than twenty nor more than forty years. The section providing that no debt contracted by the State during the civil war should ever bo paid was stricken out as being unnecessary at this time. Havana, Oct. 18.—A cyclonic disturb ance is reported akmg the western part of Cuba, with a tendency to reach Ha vana and the coast of Florida. fi CORNER IN COTTON EXPORTS HAVE BEEN ARRES TED IIY I HE ADVANCE IIV PRICE. THE WEEKLY TRADE REVIEWS A New- Orleans Man is Hack ol Ihe Deal in Cotton—Farther Gold Ship ments Threatened by the Derange ment ol Exchanges— The Iron Indus try Still Rooming and Textile Manu factures are Finding a Strong Mar ket--Fa 11 ures for the Week. New York, Oct. 18.—R. G. Dun & Co’s. Weekly Review of Trade which issues to-morrow will say: “The events of the week are promising in nature, thouga tho speculative mar kets arenot entirely encouraging. The great advance in cotton had arrested exports and so deranged exchanges that shipments of gold were fora time appre hended, but the break in the market in dicates that tho natural movement of the product may soon be restored. The halting of demand and moderate yield ing of prices in the great industrial markets show that a season of reason able attention to natural conditions has arrived, and gives hope that the future demand will be more nearly proportioned to actual consumption. The cotton market has baen partly cor nored for eaJy delivery by a New Or leans operator and his followers, as it has been twice in not distant years by Liverpool speculators who ended in fail ure. Tfie estimate of Mr. Neill, who has been conspicuously correct ia judg ing recent crops, indicate a yield of 6,- 800,000 bales, where most speculators had expected much less and led many to realize the meaning of 3,000,000 bales brought over from last year. The actual receipts thus far, only 17 per cent, less than last year from a crop of 9,900,000 bales, fail to support low estimates, and spinners h‘'re and abroad with much unauimity, re frain from buying largely at current quotations. Until the price recedes tar enough to bring out a liberal supply of cotton bills, there will be a possibility of gold exports for other merchandise; exports are small, from New York for two weeks, 10 per cent, less than last year, with imports in the two weeks of October 29 per cent. la r ger than last year. In September, dutiable imports were 54 2, and for nine months 53.8 per cent, larger than last year. Wheat does not go out freely, and the attempt to advance prices on Monday was followed by an immediate decline The irou industry|is still fully eugaged on old orders, buc new business is so scanty that m*ny of the works are seek ing it at some concessions in price, and the ody large contracts have been at 1.75 to 1 80 for bridge plates quoted at 19 to 2 8 cents. Quotations are not lower, though any good order commands gome discount. Textile manufactures have strong markets for materials to support them. But scarcely any advance is seen this week in cotton goods, though the rise for the month has averaged 4 4 per cent and there seems such a halt as appeared a month ago in iron producls Fciilures for the week have,been 263 in the United States against 253 last year, and 46 in Canada against 43 last year. IJrad’-lroetN Weekly Review. New York, Oct. 18.- Bradstreet’s to morrow will say: There is less push to the gen eral commercial movement this week, indicated as much by reports from eastern jobbers and others, whose trav elers have returned from trips west and northwest. There are, of course, note worthy exceptions, Baltimore merchants finding relatively more satisfactory trade. This is largely due to the remarkably favorable conditions at the South. In general, the volume of business appears slightly smaller this week, but with a widespread, a though somewhat irregular demand. Throughout the west there are favor able trade condition 8 , except north of Missouri and Kansas where there is no change from the previous moderate volume, or where recent weather eondi tions have checked trade somewhat. At the northwest, “hold your wheat” senti ment is spreading, but thus far does not appear to have bad much effect. Exports of wheat from both coasts of the United States this week (flour in eluded as w heat) amount to 2,400,000 bushels against 2,244,000 bushels las s week, and as compared with 8,192,000 bushels in the corresponding week a year ago, 2,709,000 bushels two years ago, and with 3,270,000 bushels in the week of 1892. ISuuk f tearing* For the Week. New York, Oct. 18. —The total bank clearings for the United States for the week ending October 18, as compiled by Bradstreet’s with the percentage of in crease or decrease as compared with the corresponding week last year, were sl,- 161,032,062; increase 21 9. Fifty Workmen Drowned. Alexandria, Oct. 18. —A ferrybo t havi‘ g sixty passengers on board collid ed Jo-day near Cairo with a steamer which was at anchor. The ferryboat capsized and fifty of those on board of her, mostly workmen, were drowned. Cabinet Meeting Yesterday. Washington, D. 0., Oct. 18.—All the members of the Cabinet were present to day at the first regular cabinet meeting since last May. The session lasted about two and a half hours. price five cents. j THE EPISCOPAL CONVENTION. St. Luke’s Day and Holy Communion Celebrated Yeste r day. Minneapolis, Minn., Oct. 18.—This was St. Luke's Day and Holy Commun ion was celebrated at Gethsemane church before the two houses of the triennial Episcopal Convention began their ses sions, by Bishop Whitehead, of Pitts burg, Rev. W. W. Battershall, of Albany, aud Bishop Me Kim, of Tokio. In the House of Deputies D. j au Hoffman pre sented the report of the committee upon consecration of the bishops, recommend ing that the House concur io the nomina tion of Peter Rowe, of 8 iult St Marie to Bishop of Alaska. Ho reported that there was some slight irregularity in the message announcing the nomination of Rev. J. M Francis to be Bishop of Kiota, and no report could yet be made on it. The House ot Bishops voted to recall the message to the deputies announcing the creation of the missionary jurisdic tion of Kiota, Japan, for the purpose of inserting the words: “Tho House of Deputies concurring.” The bishops were not prompt enough, however, for the deputies voted to re turn the ines age on the grouud that they had no evidence that such a mis sionary jurisdiction had been legally erected. This presages a hot debate. The deputies are jealous of their prerog atives, and do not relish the action of the bishops in going ahead with the nomina tion of a bishop before the deputies had concurred. The special order of the day, the Swedish orders, was indefinitely post poned. SHOOTING AT A LAKE WALK, A North Carolina Negro Shooi* Four New Jersey Coons. Morristown, N. J., Oct. 18.— Five persons were shot, one probably fatally during the progress of a cake walk at Fellowship, a small village ou the out skirts of this town, about midnight last night. The injured are: WESSELS, Mrs. Chas., colored, shot in the thigh, probably fatally Injured. M’KIN, Chas., colored, shot in leg. JONES, Allen, colored, shot in leg. WHITAKER, Geo., colored, shot in log. HARGETT, James, colored, shot in left hip. The shooting was done by Hargatt, who came to this place recently from Newbarn, N. C. He was intoxicated and got iuto a quarrel with the musician. The cake walk was held at the residence of Silas Wessel. While the fight was in progress Har gett was shot from behind, He was finally disarmed and am sfed. It is said Hargett is wanted in North Carolina for shooting his father in-law in M.iy last. AN AGREEMENT AT LAST. Contracts of the Railway Association Take Effect Sunday. New York, CDt 18—The convention of the Southern Railway and Sreamship Ass ciation, which has been goiug on at the Waldort since Tuesday, has finally resulted in an agreement between those lines which were members of the old Southern Railway and Steamship Asso ciation and several other important lines lhat were not members and whose ab sence from the association materially weakened its operations. The last of the ncs-er-sary membors were obtained late yesterday afternoon. And the Southern States Freight Asso ciation was organized to day by the elec tion of Col. 8. H. Haines, formerly the vice president of the Plant system, as commissioner, F. B. Srahlman having positively declined to allow his name to be put in nomination. The association contract takes effect on October 21. The prospect for main tenance of rates and of the revenue of the Southern railway lines is said to be better than it has been for years. The agreement of the new association differs in a few details from that adopt ed by the old association last year. The agreement contains a clause which en ables any member of the new association to withdraw after 60 days’ notice. This, should dissatisfaction arise, may result iu a speedy disruption of the new asso ciation, as the withdrawal of five roads would be sufficient to cripple it. The penalty clause which form ed a part of the agreement of the old association was virtually abolished by the new one and any line in the present association has the privi lege to insist upon an arbitration board other than the one to be named to settle any grievance it may have. Msjor Stahlman was seen at the Wal dorf to night. He readily ad mitred that much contained in the agreement of the new association was detrimental to its future prosperity, but he doubted not that a new era had opened for Southern railroads and shipping interest*. llurged llcrftel! For Lore. Mount Washington, Ky., Oct. 18.— Miss Nellie Easley, a handsome and highly cultured young lady, 21 years old, committed suicide last night by hanging. She placed a rope over tho limb of a tiee, cot on a chair, and plac ing the noose over her bead, kicked t> a chair from under her. Unreciprocate d affection was the*:cause. Htevenson in Atlanta. Atlanta, Ga., Oct. 18.—Vice-Presi dent Adiai Stevenson, accompanied by his wife and daughter and Miss Ewing, reached here this morning at 7:30 and went direct to the Kimball, where a suite of rooms had been reserved for them. Mr. Stevenson will remain in tho qity three days.