North Carolina Newspapers

2 MORGAN TRIES TO BLOCKS. A. L, DEAL Secret of the Failure of the Produce Exchange Trust DID J. P. MORGAN DO 11? m:\v torn herald credits him with -nrsnMr s. A. L V- VC KICKS. ST. JOHN SAYS CONSOLIDATION'S SURE And That the ? ffarts of the Southern Railway Will in no Way Adversely Affect the Consolidation System. All the talk yesterday was of the V'ai.io in New York and the off t it would have on the through line of the tvnsbiidated Seaboard Air Line sy-qom. The fact that the Produce Exchange Trust Company was one of the syndi cate backing the new and enlarged Seaboard system, caused some to be lieve that the plans of President John Skelton Williams might not materialize. No such fear was entertained by *he directors of the road in Raleigh, who said that while it might cause souk delay, the success of the consolidation would not lie at all affected by it. The opinion was freely expressed that hack of it all was J. Pierpcut Morgan and the Rothschilds, the owners of the Southern Kailway. who see in the Sea board Air Line road running through trains from New York to Tampa a powerful rival. One leading business ma-a said on Tuesday: “When it all comes out, you will see that it was J. I'ierpout Morgan who shut up the Produce Exchange Trust Company because it was one of the syndicate backing the Seaboard Air Line. I am convinced of this because the telegraphic accounts state that as soon as that trust company had been forced to close its doors, Morgan cam* forward and ‘generously’ offered to lend money at six per cent, refusing to take more, being actuated by a desire to pre vent a continuance of the panic. If the truth is ever known, Morgan started the panic to kill the Produce Exchange and make all other trust companies afraid to help carry out the Seaboard consoli dation system. When he had succeeded at least in part, he walked in with his money and had himself advertised a» the saviour of the day. He is the wrecker and the preserver, as it suits his interests. If he succeeds, the South will be at the mercy of one railroad sys tem, and may the Lord have mercy on our souls!” Thus spoke a Raleigh man on Tues day before any of the New York papers arrived. The New York Herald of Tuesday morning seems to confirm the < view of the Raleigh business man quoted above, for it says: MORGAN BLOCKED SEABOABD DEAL. Scheme Involving 8125,000,000 Capi tal Nipped, and Southern May Get the Road. Behind the suspension of the New York Produce Exchange Trust Company, and, in. the opinion, of some, one of the lead ing causes of the dosing of this institu hioai, there was a pending railroad deal of huge proportions, which certain directors of the trust company wished to put through, but which antagonized some of the biggest financiers in Wall street. This railroad deal was in its inception based upon the acquisition of the con trol of the Seaboard Air Line and the building up of a rival to the Southern Railway system, of winch J. Pierpont Morgan' is the leading facterr. Many per sons in the South and some in Wall street have credited Mr. Morgan with wanting to get control of the Seaboard Air Line for the Southern, in order to make its monopoly more complete. These persons credit Thomas F. Ryan with working in the interest of Mr. Mor gan, and intimations werb dropped yes terday that the weakening of the Pro duce Exchange Trust Company and the thwarting of John Skelton Wiliiamts’ plan for merging the Seaboard, Florida Central and Peninsular and Georgia and Alabama, will result in a control of the Seaboard stock failing into Mr. Morgan’s hands. John Skelton Williams, of Richmond, for the purpose of putting through his big deal, which originally, it is said, pro posed the formation of a new company with about $125,000,000 capital, had in terested numerous financial institutions and individuals. Mr. Williams became a director in the Produce Exchange Trust Company. The annual meeting of the Seaboard and Roanoke Railroad, which "was one of the most important roads involved, had been postponed from time to time pend ing the completion of the arrangements. The underwriting was believed to be nearly complete. The magnitude of the task it necessary, it is said, to make some changes in the details. The revised scheme provided for acquiring merely a« much of the Seaboard and Roanoke stock as they were able to. This change was made necessary, ap parently, because of Thomas F. Ryan’s suit to compel the turning over to him of a.large block of stock of this company. Mr. Ryan made a contract with certain directors of the company to sell him a large block of the stock, and he says he afterwards found out that some of these same directors made a second arrange ment, as members of the so-called Hoff man pool, not to sell out except with the consent of three-fourths of the pooled shares. The pool thereupon refused to deliver to Mr. Ryan, mid he surd to compel a deliverance of the stock, obtain ing an, ini unction to prevent its snh> to anybody else. Soon afterward .Tohm Skel ton Williams mid some of his friends con ceived the idea of making a big rival system to the Southern, and he struck CASTORIA rcr Infants and Childfett, The Kind You Have Always Bought " 1 Thought I Would Never Be Well Again.” One of the saddert things that can hap pen to a woman is to full into stick n depth of despondency through unnatural w and disease ns to imagine Unit she can never recover. "2 .a two years." mivs A ,A) Mr*. W. O. Pay, ol This vitie, JciTcr <ll BV. Co., Ala, “I lu'.d seated wui; w-,-k --f»V •■■■'«, headache, pain in my back mid siue, which would become so sore that I could hardly bear the Wright of my ft* baud On it t bad cold band* and /■* feet and many other bad symptoms j f too numerous to mention. 11. me \ \ physicians* treatment did me no treatment for me which 1 followed to the best of tin ability, and after taking six bottles of the ' b'avtu Ur Ptvscription,* 1 can truthfully ray that t felt like a new woman, tn a few month's afterwards, when 1 was suffering with the many troubles due to pregnancy, 1 procured ‘Favorite Prescription ’ again and took it through that time. 1 soon became very stout find felt well. I was iti later only a short time and got along w ell: better than 1 ever did before. My baby is a tine bov, now two months old, and lias never been sack any. 1 cannot find word* sufficient to express mv praise of Pr. Pierce’s medicine. I never miss an opportunity to recommend it. I hope all suffering ladies will consult him. for they will be benefited bv takitig his medicine," Letters to l)r. Pierce lire treated in the most sacred confidence, and never published without permission, and the most careful, professional advice is given 1 v return mail free of charge. Women would understand their own men tal and physical natures better; they would make better wives and mothers; they would be every way healthier, happier, and more capable, by reading and studying Dr. Pierce’s gteat thousand-page illustrated book. The People’s Common Sense Med ical Adviser. It is a veritable, complete family medical library in one magnificent volume. More than half a million copies have been sold at $1.50 each, but a free copy, paper-bound, will be sent to any woman on receipt of 21 one-eent stamps, to pay the cost of mailing only; or if a heavier handsome cloth-bound book is preferred, scud 31 stamps. a bargain wth the Hoffman pool for 7,000 shares of Seaboard stook, at 's2oo a share. Mr. Ityan’s injunction was dissolved by the lower court, and a majority of the* stock was paid for by the Williams syn dicate, but it was left in the institution where it. had been placed by the pool. Mr. Ryan took an appeal, and this is yet to be heard. VICE PRESIDENT ST. JOHN. i Says Morgan’s Action Will Not Pre vent Carrying Out of Plans. Forts mouth, Va., Dec. 20.—(Special.) —The New York Herald of Tu -iday the 10th, contains nn article, reproduced jrlow, which seems to reveal the fact that the Southern Railway is using every agency to deter the Williams syndicate in their 1 lans for the coaoli d. tion of the Seaboard system, nee *s sary to the inauguration of their Flor ida line. A reporter called on Vice- President St. John’s attention to the Herald’s publication, who said: “This article indicates that the real opposition to the Seaboard .‘ousolldat'on is not Thomas F. Ryan in his individ ual capacity, but that he is acting a* agent for those in control of the South ern Railway. It does not surprise nor in anyway disconcert jthe Seaboard Air Line syndicate that such vioVn-t measures are resorted to, and the friends of the Seaboard Air lane may frnt n <renred ffiif we have never doubted ■with whom we have to deal. The plans a.-u purposes ui i resident Williams and his associates will be in 110 way ad versely affected by this last evidence < t , their desperation. Past efforts should cause them to realize that boycotts have proven unavailing—that injunctions hav«* heretofore not resulted as they could , have wished. “That such pernicious measures rs ! the recent bond bill are offensive to the ; sense of justice of the people of Geor gia, as well as to its legislators, and that those presumably representing '.l. ] who have purchased a few stray shares of stock for the purpose of obstruction, are unable to defeat the wishes of the real owners of the property. “Having met defeat at the hands cf all —courts, legislators and people—it is hardly strange they should attempt more desperate measures. As our pres ident has just announced the meeting of the stockholders of the Seaboard arid Roanoke Company, held yesterday, was most satisfactory, and. although each resolution met the usual protest, they have, as a rule, been adopted by vot“s representing ninety-nine per cent oi more of the total stock issued by the company holding the meeting. The re sults were gratifying and it is now only a question of a few weeks when all of the meetings will be held and tli * roads consolidated according to program.” Says All the Depositors Will be Paid. New York, Dee. 20. —With reference to the deposits of some -savings banks with the Produce Exchange Trust Company which closed its doors op Monday last State Rank Examiner Kilburn today said: “These saving bank deposits amount to about $500,000. As saving banks are preferred creditors there is mo chance of any savings banks depositors losing any thing by the suspension of the trust company. They are amply secured arid I have no doubt that all the depositors are secured likewise. I have not the least doubt that every depositor will get | back every dollar. In addition to other ; assets the stockholders an the company can be held for two millions and a half if meeded.” Mr. Kilburn, said there was not ft shaky banking concern to his knowledge, in the city. Mrs. R. Churchill, Berlin, Vt,. says: “Our baby was covered with running sores. DeWitt’s Witch Hazel Salve cured her.” A specific for piles and skin diseases. Beware of worthless counter feits. Bobbitt & Wynne Drug Co., W FT. King, Adams & Moyo, William Simpson. Those who use Coleman’s Tobacco Oil Liniment say it is the best in the world. Fcr Croup use CHENEY’S EXPECTORANT, Bears the /? s nr° THU NRWB AND OBSERVER, THURSDAY MORNING. DECEMBER 21. 1899. BUTLER BfIRSHISWAY Says He Can and Will Defeat Ewart’s Confirmation. De Armond on the Issues. He Welcomes the Conflict and Fears Not the Judgment of the People. Washington, D. Doe. 20.- (Special) —Senator Pritchard goes home tonight and will return about January 2nd. The name of Judge Ewart was sent 1o the Senate today by the President for the third and last time. If Senator Buthr defeats hi* confirmation by the Senate, as he says he can and will do, atiuphcr man will liavy to be chosen for this desirable Federal Judgeship. Judge Avery is here. The regular meeting of the North Caro lina Society, of Wnsfiiingtoti, was held at the Confederate Veterans* 11 all lad evening, and officers for the ensuing year elected. I‘resident Walter C. Mur phy opened the meeting, and called upon Dr. F. B. Rishoup t o preside during the election. Dr. Walter C. Murphy was re-elected president: Mrs. Marion Butler, first vice-president; Mrs. J. S. Tomlinson, second vice-president; (Mr. Jesse 11. I‘owell, treasurer, and Mr. J. P. Buxtons, secretary, (’apt. J. B. Lord* ■was made chairman of the committee on tickets for‘the banquet and ball to lie given next month for the Lee monument fund, with the following assistants: W\ F. Kirk, B. >E. Perry, J. P. Buxton, and George X. Bell. Speaking recently of the campaign of 1000, Judge I)e Armond. one of the ablest Democrats in the House, said: “I should say file leading issues of the next campaign will Ih> the money ques tion, trusts and imperialism. As to their relative importance, it is my belief that no one can at this time say definitely how they will find arrangement in the public miml. I think it is quite probable that in some minds and ini some quarters one issue will be deemed most important, while elsewhere another may have the first place. Then, too, the events of the intervening months way tend somewnat to magnify or to minimize one issue as compared with another. In my judg ment special emphasis will lie given to the money question by the passage of such measures as that now pending and un der discussion in the House. “To make full legal tender silver dol lars redeemable in gold, to authorize limitless bond, moneyed obligation, pub lic or private, payable in gold alone, to create a gigantic national bank trust, to give many millions of dollars to credi tors, public and private, to withdraw the greenback from the channels of trade to give to the national banker a com plete monopoly of the issue of paper money—this must challenge public at tention. “Trusts are entering every avenue of trade, to crush the weak and band to gether the strong. The people will l>e ‘interested in what shall be said and done concerning them. “Imperialism cannot masquerade through a stirring campaign in the gar ments of ‘expansion.’ The Republicans must defend their financial legislation. They have made themselves the cham pions of imperialism and the trusts know them for friends. The Democrats will meet them upon every part of the field and oppose stoutly what, as I have indi cated, the Republicans will support, de fend or apologize for. I welcome the conflict, and I fear not the judgment of the people.” Mr. S. A. Douglass, son of Judge Robert M. Douglass, has \kvi» chosen as one of the four best debavrs of Georgetown University to take part in the annual contest for the Merrick medal in Gaston Hall, Georgetown University, February 22nd. North Car olina’s gifted young sons have always ranked high in this instittion of learn ing. Since the days of Hon. William Gaston, for whom the beautiful Gaston Hall is named, the State has had a very fine representation here. I remem ber just before Gaston Hall was dedica ted Mr. Thomas Ransom, the handsome, brilliant and lamented son of Senator M. W. Ransom, was one of the four orators who was designated to enter Gu contest. He made a splendid effort *hat evening and was applauded to the echo. Young Stephen A. Douglass has a royal right to ability and bis friends feel sure he will acquit himself in a manner wor thy of his name and State. The North Carolina Society has invi ted Mr*. Joseph ns Daniels to assist Mr;. Senator Vance and other ladies at a re ception to be given this evening in the Confederate Veterans’ Hall. •Mrs. Daniels, accompanied by Mas ters Josephus and Worth Bagley Dan iels. is spending Christmas with her mother, Mrs. Adelaide Worth Bagley, at her pretty home near Dupont Circle, in this city. Walter Page, in my humble opinion the foremost literary man North Car>- lina or the South lias produced, spent several days here recently visiting his two charming sisters, who are in Wash ington for the winter. He looks not one day older than he did five years ago. .I hear with genuine pleasure that tie financial troubles of Harper Bros’. will not affect liis future plana as regards the great encyclopaedia, of which lr: is to be editor-in-chief. Congressman Kluttz called at the White House this .morning with Presi dent King and twenty-live young ladies of 'Elizabeth ‘College, Charlotte, N. 0.. and introduced them to the President. The party is stopping at t he Oxford hotel. DeWitt’s Little’ Early Risers purify the blood, clean the liver, invigorate the system. Famous little pills for eon stipation and liver troubles. Bobbitt- Wynne Drug Co.. W. H. King, Adams & Moye, Wm. Simpson. good, I had be come very despond ent and Thought 1 would never be well j again. " Put with a faint ; heart 1 wrote to ! l»r. It, V. Fierce, of 1 Buffalo, N. Y„ and j described myaynip toiiisa* bcstT could, lie promptly an swered by Vltof. and scut me n treat ise on ’ Woman and Her Discuses*; he n1 s o outlined a Rilasal CATARRH In all its Bta'rea there should be cleaulineus. I Ely’s Cream Balm cleanses, soothes and heals tho diseased membrane. 11 cures catarrh, anti drives away a cold iu tho head quickly. Cream Calm is placed Into the nostrils, spreads over the membrane and is absorbed. Relief is im mediate and a cure follows. It is not drying—doet not produce sneezing. Large Size, 50 cents at Drug gists or by mail; Trial Size, 10 cents by mail. ELY BROTHERS, 56 Warren Street, New Yorb A bill has been introduced into Con gress granting n pension of $2,000 a year to General Lawton's widow. The best information obtainable in Wall street yesterday was to the effect that at least $5,000,000 gold will he sent abroad on So Hint lay’s steamers. Revised lists of the British casualties p (fie battle of Coienso show that 197 uon-eoinmissiolied officers and men were killed. At Chattanooga, TVnu., the trial of Julia Morris Son. tin* actress who killed X'inge Mania get* Frank Leyden nt a local theatre, has been set for Thursday, Jan uary 4th. Adjutant General Corbin and other friends of General Lawton have issue, an appeal to tin* public for friends 0 pay off a mortgage on property bought by General Lawton in California for a home. M. A. Connolly, form r Private Secre tary to Captain O. M. Carter, reached HavaiMi'fth yesterday from lll.Tvaun and gave bond in SIO,OOO for iris appearance Indore tin* United States D;si‘ri< t court. At Montgomery, Ala., yesterday th< 'law “to prohibit book-making or poo selling on home racing and other form of gambling.” was decided constitutional by the Supreme Court. This will put : slop to horse racing in this State. Though notices of coMtest have been prepared against Governor Taylor and Lieutenant Governor Marshal, of Ken tueky, they probably will not be served 11 ntif Friday. The delay is said to have boni planned to order to prevent tnk‘i:i'. T of depositions prior to the meeting of the Legislature, the Goebel people preferring to have the whole proceedings conducted by the contest committees of the Leg Mature instead of in part before the court examiners and later by the con test committee. Work on the Carolina Northern. Lumber ton, N. Dec. 20.— -(Special.) —"Work on tin* Carolina Northern Rail road is progressing smoothly. Mr. T. C. MeXrely. riie general s iiperintendent. i located here permanently to look after the interests of the company'. The county commissioners, at their last meeting, appointed a committee to wall in the court house square with rock, to plant grass, and trim the trees. The cot to© •and tobacco markets lmvc grown dull. The receipts of the season, particularly those of tobacco, show a big advance over the last year’s crop. Tobacco as the coming industry of the county. For a Monument to Lieut. Brumby. Atlanta, Gn., Dee. 20.—The Atlanta Journal today started a final for the pur pose of erecting a monument to the memory of Lieutenant Thomas M. Brumby. The fund is to he subscribed to by Georgians principally and the monu ment will be erected in Atlanta. Heard Named For Governor. Baton Rouge, La., Dee. 20.—The Democratic State Convention which be gan here today nominated W. W. Heard for Governor tonight after an excinng session. A rOWDEIt MILL EXPLOSION Removes everything m sight: so do Drastic Mineral Pills, hut both are nfii?f)ty dangerous. Don’t dynamite the delicate machinery of your body with calomel, croton oil or aloes pills, when Dr. King’s New Life Fills, which are gentle as a summer breeze, do the work perfectly. Cures Headaches, Constipa tion. Only 25c at all drug stores. “A Word to the Wise is Sufficient: " c jßut some stubborn people wait until “down sick '' be fore trying to word off illness or cure it. The wise recog nize in the word 4 4 Hood's assurance of health. For ail blood troubles, scrofula, pimples, as <zvell as diseases of the kidneys, liver and borvoels. Hood's Sarsaparilla is the effective and faultless cure. Rheumatism —"/ voas practically helpless from rheumatism in my shoulder. Hood's Sarsaparilla cured me and enter since is a household favoriteShirs, M. E. ‘Ponvers, 4812 St. Lawrence cAve., Chicago, hi. IlQQd’g rills cure liver Ills; tbe non-irritating and oitiy'cathartic to take*with "llnnd’B Sar.s;ipari 1 la. rosesand" CARNATIONS A SPECIALTY. Bouquets and Floral Design** arranged in best style on short notice. Palms. Ferns and other Potplants for Home and Window Decorations. Fern dishes a specialty. Shade trees, Evergreens and Slmiberies, together with all kinds of green house and out door stock. Vegetable Plants of all kinds in sea sons. f See our show window at J. I. Johnson’s drug store. Leave orders there or call ’Phone 149. I. L. O'QUINN £ CO. Florists, Cor. Polk and Swain Streets. RALEIGH, N. C. NOTICE TO BONDHOLDERS. Notice is hereby given that the cou pons of the bonds of the North Carolina Agricultural Society for 18915 will be paid at once on application, at the Citizens National Bank of this city. Unpaid coupons of 1894, amounting to one-half year’s interest, will also be paid, after full settlement with railroads has been made, of which notice will lie given. By order of the executive committee. C. B. DENSON, Treasurer. iiilsjll TELEGRAPHIC BRIEFS. TWO VERY PROMINENT PUBLIC MEN Owe Health and Happiness to Pe-ru-na. Ka lion. Win. Youngblood, Auditor for the Interior. Washington, D. C., Dec. 10,1898. Pe-ru-na Drug M’f’g Co., Columbus, O.: Gentlemen—l’ve often heard of your groat medicine and have persuaded my wife, wlk) has boon much of a sufferer from catarrh, to try Pe-ru-na, and after using one bottle she has wonderfully improved. It has proved all you have claimed for it, and I tako pleasure in recommending it to anyone who is af flicted with catarrh. Yours, Wm. Youngblood, Auditor for the Interior. Catarrh in it.s various forms its rapidly becoming national curse. An un doubted remedy has been discovered by Dr, Hartman. This remedy has been thoroughly tested during the past forty years. Pe-ru-na cures catarrh in all stages and phases. There is no rem edy that can be substituted. You Could l Not give a more substantial cr LASTING Xmas present than A ROYAL ELASTIC FELT MATTRESS. Orders by wire will be shipped immediately. ROYALL&BORDEN Goldsboro C. J. R. FERRALL&CO^ Grocers. A full and complete line ...Christmas Groceries... Fresh Raisins, Nuts, Apples, Florida Oranges, &c, ’Phone Btt, Excelsior Steam Laiindri^ IF / AND the neckband oft /our shirts are worn if your collars are being broken, scud and hurts your neck, send them to us. (j u , lu lls< We guarantee not to break SU . "'f - »ow doiug a gomiiu® All work guaranteed be the best. domestic finish. B. W. BAKER, E. L. PEASE, Proprietor. Manager. Phones, No; 140. Phones No. 19 \ Congressman Howard fi’om Alabama. WAsniNGTON, Feb. 4th, 1899. Pe-ru-na Drug M’f’g Co., Columbus, O.: Gentlemen—l have taken Pe-ru-na now for two weeks, and find I am very much relieved. I feel that my cure will bo permanent. I have also taken it for la grippe, and I take pleasure in recom mending Pe-ru-na as an excellent rem edy to all fellow sufferers. Very Respectfully, M.W. Howard. Congressman Howard’s home address is Fort Payne, Ala. Any man who wishes perfect health must be entirely free from catarrh. Ca tarrh is well-nigh universal; almost om nipresent. Pe-ru-na is the only abso lute safeguard known. A cold is tho beginning of catarrh. To prevent colds, to euro colds, is to cheat catarrh out of its victims. Address Dr. liartman, Co lumbus, 0., for a free catarrh book. J)