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♦ T HE WEATHER TO-DAY t
♦ For North Carolina: ♦
♦ Fair Cooler. f
VOL. LI. NO. 10.5.
" " ' ' ~ 1 61% i
Leads all Moran Carolina Dailies in Mews anu'wculation
DIXIE LEADS II DALE
Os INCREASE IN
POPULATION
North Behind Her For First
Time in Country’s
History,
RAPID DECREASE IN WEST
The Rate of Growth for the Decade
ii, North 19, South 22.4,
West 31 9,
SOME INTERESTING COMPARISONS MADE
During the Last Twenty Years There Has
Been No Substantial Difference in the
Ra e of Growth of the Two
Sections.
(By the Associated Pres 3.)
Washington, Jan. 13.—The director of
the Census announced today the per
centage of increase of population in dif
ferent parts of the county, showing for
the last decade a rapid decrease from
ihep revious rate of growth of population
in the West, a less marked, but decided,
decrease in the North and a slight in
crease in the South. For the first time
in the history of this county the popula
tion of the South has increased some
what more rapidly than that of the
North. The East geographically, is in
< hided In the term North. The rate of
the growth in the North, West and
South is far more nearly the same than
it ever has been.
The official announcement divides the
country as follows:
West —Fronf ihe Pacific to the eastern
boundary of Montana, Wyoming, Colo
rado and New Mexico; North and South,
the respective sides of a line formed by
the Potomac and Ohio Rivers and the
southern boundaries of Missouri and
Kansas. The percentage of increase
from 1860 to 1880 was 61.9 in the North,
•18.4 in the South and 185.6 in the West,
while in the last twenty years, 1880-15)00.
ii was 48.7 in the North, 48.5 in the
South and 131.5 in the West.
Prior to the Civil War the Northern
- iites nearly doubled in population with
each twenty years, while in the South
< in States the increase* of population
was only about two-thirds as great,
fiatc 1860 the rate of growth in both
I arts of the country has been much less,
hut while the rate of growth in the
North has decreased steadily that in the
Hoiith during the last twenty years has
!•< en slightly greater than riming the
twenty years from 1860 to ISgO.
During the last twenty years there lias
been no substantial difference in the
rate of growth of the two sections.
The percent of increase of growth of
tinse regions during each of the last
tin years periods follows:
1880-1890—North 24.8; South 20.1;
West 71.3. 1890-1900—North 19; South
22.4; West 31.9,
If the comparison is limited ho the
F ate* east of the Mississippi River,
classing Minnesota and Louisiana with
the Western States, the result is slight
ly different. Jt would show the increase
i o be :
1880-1890— North W.l; South 18. 1890-
1900— North 19.9 j South 17.7.
Mhcn the trans-Mississippi Slates are
omitted, the rate of growth in the North
V’ - si,ghtly greater than that in the
South, but the present difference between
the two sections in this respect is about
nn!t what it was between 1880 and 1890,
and less than one-seventh of what it was
b. tween 1850 and IS6O.
Ihe frontier as a large area of rapid
but intermittent growth is no longer an
important lactor iu the progress of !
-iimrican population, and the rate of
growth in the several great areas of the
I uited States is now nearly the same.
HOLTON IS A WINNER.
,he Senate Also Confirms the Nomina
tions of Dockery and Dancy.
(By the Associated Press.)
Washington, Jan. 13.—The Senate today
cr.nfirmed the following nominations:
John C. Dancy, of North Carolina, Re
i cider of Deeds, District -of Columbia:
John T. Wilder, Pension Agent, Knox
ville, Tenn.; .John E. McC/all, Collector of
Internal Revenue, Fifth district of Ten
nessee; F, W. Collins, Register Land Of
fice, Jackson, Miss.
United States Attorneys—William
Vaughan, North district of Alabama; A.
F Holton, Western district, of North Car
olina, Warren S. Roese, Jr., Middle dis
trict of Alabama.
I nited Stales Marshals—Leander J.
Pryan, Middle district of Alabama; D. N.
keeper, Northern district of Alabama; "H.
( - Dockery, Eastern district of North
Carolina.
Postmasters—North Carolina, W. WL
Hollins, Asheville,
Georgia, R. a. Brinson, Milieu: Julia
Fleming, Sparta; W. Akorman, Carters
v tilt'. H. D. Bush, Covington.
* * *
•* t umpacker and Moody have not given
intention of pressing the- pas
. ? ;c of a bill to reduce Soutjhern lftpre
; ■’Ration in Congress. They claim that’
the Speaker is enthusiastically in fa- i
The News and Observer.
vor of such a measui and that when
the caucus meets they will have a ma
jority of Republicans with them. Gen
eral Rosser, of Virginia, a new convert
to Republicanism, with the ze&l and
venom of a new convert, is earnestly in
favor of reducing Southern representa
tion. A little while ago he was talking
about great Republican gains in the South
. His advocacy of reduced representation
shows that his mind has changed. No
body in his section has folowed him into
the Republican party.
* » *
Referring to the reports sent out from
here that he was “irresponsible,” Mr-
W. B. Ellis, who is opposing the con
firmation of Mr. Holton, has written a
letter in which he says:
“I suppose the word irresponsible as
used in the first paragraph means I have
no political backing in North Carolina
“ Having truth and justice wish me
what further do I need?”
10 WILL GET II ?
The Schools Or the Creditors
After $1,500 Forfeit.
Jake R?snic Under Bond For Cour\ Falls to
Appear, Leaving a Clash Behind
Him.
A knotty and interesting case now
comes before the referee in bankruptcy
in Fayettecille, and on the decision rests
i the disposition of $1,500.
Jake Resnic, charged with setting fire
! to his store in Maxton. was bound over
1 to court under a $1,500 bond- In order
to give this bond he put his stock behind
the bonw, putting a mortgage on it as I
an evidence of good faith.
! But court has come, and it is reported
1 that Resnic has disappeared, and the
j call of his name evoked no response.
This forfeits his bond to the State.
I In the case of forfeited bonds the law
of North Carolina provides that these
go to the school fund. This being the
case the school authorities represented
here expect to handle the $1,500 forfeit
money.
But another issue has arisen, and this
I is what becomes of the creditors of Res- i
, nic, whom lie owes for goods which he j
I has purchased. These are to be con
sidered in the ease in Cumberland, and
i they propose to make a hard fight for a
division of the $1,500 among themselves,
while the school authorities are not in
clined to yield their claims,
j Tln> purpose of the creditors is to meet
and have Resnic declared a bankrupt. If
this is done then they propose that the
referee in bankruptcy take hold of the
matter, have the goods disposed of, and
i apply the proceeds first to the cancella
tion of their debts, and then the re
! mainder, if any, to the purpose of mak
, ing good his bond-
If the creditors have their way, the
! Resnic bond will turn out to be a “straw
bond” and the State will have nothing
to claim as a forfeit. In this case the j
school fund will miss just $1,500.
FOR A MONUMENT TO MEMBERS
WHO FELL IN THE SPANISH WAR
A Meeting of Company I Memorial Asso
ciation Held at Durham Last Night.
(Special to the News and Observer.)
Durjiam, N. C., Jan. 13. —E. T. Owens,
a white man who escaped from the asy
lum at Staunton, has been arrested here
and sent to the county home until the
authorities in Virginia can be comma- !
, nicated with* The man admits that he
1 escaped from there. He had been stop- j
ping at the boarding house of B. C- !
Walters, and for several days it was
noticed that he was acting queerly. It
was thought best to put him in the city
lockup, where he remained until car
ried out to the county home today at
noon by Deputy Sheriff J. P. Massey,
Mr. Owens does not seem to be violent.
At a meeting of the Board of County
Commissioners, held today, J, M. Pol
lard, Durham county’s most efficient
superintendent of public reads, was re
elected for the ensuing year. Mr. Pol
lard is one of the best officers tha{.
this county has ever had, and is a live,
energetic, progressive man. The board
wisely decided to continue him in his
present position, without a single dis
senting vote.
The Julian S- Carr Chapter, Daughters
of the Confederacy, will hold their
regular monthly meeting tomorrow af
ternoon at 3:30 o'clock, at the home of
Mrs. Leo D- Heartt.
Richard Happer, one of Durham’s
most popular young men, left this
morning for Greensboro. From there he
will go to the Philippines. It is learned
that he will be over there for some
time. Rev. A. A. Pruden, Mr- Hop
per's brother-in-law, is chaplain in the
United States anny, stationed in the
Philippines.
Tonight a meeting of Company I.
Memorial Association, was held in this
city, and steps were taken in regard to
the erection of a monument to those of
the Durham company who lost their
lives while in the service of Uncle Sam
during the Spanish-American war. Gen.
J. S. Carr is president of this associa
tion and J. II- Patton secretary.
MECKLENBURG HAS PLENTY CANDI
DATES.
The Charlotte Observer on yesterday
said:
“You may bet your last dollar that
there will be at least four candidates
from Mecklenburg county: Capt. S. B.
Alexander and Judge F- I. Osborne (
for the Senate: Mr. W- C. Dowd for
Congress, and Mr. Platt D- Walker for
associate justice of the Supreme
Court.” So said a Charlotte man yes
terday,
RALEIGH. NORTH CAROLINA, TUESDAY MORNING. JANUARY 14. 1902.
WILSON'S ESTIMATE
mm bales
This Is Considered Substan
tially Accurate.
MOVEMENT FOR 14 YEARS
The January Movement this Year
Estimated at 1.0u0.Q10 Balei.
TRANSPORTATION FAOLITiES GREATER
In Some States There Was a Disposition to Hold
Cotion to Scroa Degree Until the
U. S. Agricultural Bureau
Report,
(Special to the News and Observer.)
New York, Jan. 13. —Messrs. R. T.
Wilson ■&. Co. today published their es
timate of the curent crop- tl is 9,445,-
704- “They state that they have obtain
ed the information for this purpose
from bankers and from people who raise,
gin, buy and transport cotton in all the
j cotton growing sections of the South."
Messrs. R. T. Wilson & Co.’s estimates
for the past eleven years as compared
with the actual out turn are as follows:
Actual
j Crop Year- Estimate. Crop.
1901-2 9,445,704
1900-01 10,263,000 10.425,000
1899-00 8,756,000 . 9,436,000
I 1898-99 10,533.000 11,275,000
‘ 1897-98 10,570,000 11,200,000
1896-97 8,174,000 8,750,000
1895-96 7,188,000 7,102,000
1894-95 9,448,000 9,893,000
1893-94 7,093,000 7,527,000
1892-92 6,897,000 6,717,000
1891-92 8,497.000 9,038,000
; 1890-91 8,214,000 8,658,000
It is to be noted that the most sub
stantial variation shown by their figures
was in the year 1899-1900, when it is ad
mitted that although the commercial
crop turned out to be 9,436,000 the
amount of cotton actually grown did
not exceed 9,100,000, the balance having
come from the surplus held over from
the previous unprecedented large pro
duction. Upon the average for the past
eleven years, Messrs. R. T. Wilson &
Co.'s estimates have been within 300,000
bales? of the actual out turn.
Notwithstanding the fact that the bears
violently assailed the credibility of
| Messrs, It. T. Wilson & Co.’s estimate
there seems ho reason in my mind to
doubt its substantial accuracy, and
every proof to which I can subject it
fully bears out the figures that they
i have published. They are moreover
practically sustained by such authori
ties as the United States government,
Messrs. aLtham, Alexander & Co., the
New York Journal of Commerce, Messrs.
J. H. Parker & Co- and by my own fig
ures, published on the 25th of Novem
ber. which represented the most exhaus
tive investigation that I had been up to
that time able to make. lam new pros
| pectinc a fresh inquiry with a view Qf
determining the comparative stocks of
cotton held at all the Southern towns
! having a population of more than three
, hundred people. An effort has been
j made to disparage Messrs. Wilson &
\ Co.’s estimate by putting emphasis upon
the present relatively large movement
of cotton, which is running on a scale
equal to that of last year, when the crop
turned out approximately 10,400,000.
I have previously entered Into an
elaborate argument to show that the
movement is not an index of the sup
ply, but is rather an evidence of the
demaud. An analysis of the movement
for the past fourteen years is as fol
.lows:
March ISS7-8, 5,304: 2,540; 5,934; total
crop 7,017.
18SS-9, 4,965; 792; 5,757; total crop 6,-
935.
1889-0, 5,445; 972; 6.770; total crop 7,-
313.
1390-1, 5,798; 972; 6,770; total crop 8,-
655.
Total in sight to January Ist: 1891-2,
6,430; 1892-3. 4.772: 1893-4, 5.240; 1894-5,
6,994.
Total in sight to February Ist: Per
centage of total crop, 84 6, out 083. out
0-851 cut 0-78.2. out 0.
The sight month January—7s2—s6l—
Total in sight to February 15t—7,155
533—6,195—8,014.
Percentage of total crop 79.2 out 4-79.32
out 0-97.3 out 0-82.1 out 0-80.9 out 0.
Total crop 9,038—6,717—7,550—9,901.
Year 1895-6, 1898-7, IS9B-9.
Total in sight to January 15t—4,932
6,398—7,296—2,725.
, In sight month January—6l9—72B—l,-
389—1,170.
Total in sight to February 15t—5,551
i ,126 —8,685 —8,395.
Percentage of total crop 77.6 out 0-81.4
out 0-77.5 out 0-78.9 out 0.
Total cr0p—7,157—8,758—11,200—11,275.
Year 1899-0, 1900-1, 1901-2.
Total in sight to January Ist—s,ffl7
6,575—6,604.
In sight month January—9ss—9B2—l,ooo
(estimates.)
Total in sight to February 15t—6,872
7,557 —7,604.
Percentage of total crop— 72.2 out 0-72 9
out 0 (?)
T>t a I crop, 9.435; 10,383 (?)
T haw estimated the January move
ment this jear at one million bales, prob
ably in excess of the actual figures but
assuming that we bad received 'his quan- I
tity during January, we shall have in
sight on the first of February out of this
year's crop, 7,694 000.
The figures above the total crop show
the percentage of the crop In sight up to
February Ist tor each year. It appears
that iho movement last year was the
slowest on record, while that of 1889-90
was the most rapid on record. It also ap
pears that in 1894-95, when we had a crop
of only 9,909,000 there was at the end of
anuary nearly 400,000 bales more in sight
than they will at the end of January this
>ear, and that heavy January movements
are not infrequently found in the case of
exceptionally small crops. Figuring uoon
the percentages given it appears that if
the movement of this has been as fast
as the fastest of thSfpast fourteen years,
the total production is only 8,930.000 bales.
If it it is as slow as the slowest I. C.
that of last year the. crop is 10,400,000. If
it has moved with the average rapidity
of the last fourteen years, the crop is
9,656,000. I believe that the movement
this year, especially since the first of
January has been one of exceptional rap
idity and I cannot therefore, see any
reason to doubt the substantial accuracy
of Messrs. R. . Wilson & Co.’s figures.
My reasons for believing in the rapid
movement of the crop are able stated in a
circular from the gulf ports trading com
panies of Galveston, Texas, of January
6t.h, who estimated the crop nearly two
months ago at 9,764,000. and which I
herewith quote in full:
“Gentlemen —Owing to the numerous
enquiries addressed to us as to whether
we upheld our estimate on the yield of
this'season's crop in the face of the heavy
receipts up to the end of the year, we
addressed circular inquiry to almost all
of the oil mills ir< the entire cotton belt.
To this circular we have so far received
more than one hundred and fifty answers
and we summarize their contents as fol
lows: “The farmers have soi l and moved
their cotton this year muth more liberally
than in past years. Far less cotton is
I fld by the producer now than last year
at thio time. The general tendency among
the farmers all throughout the cotton
belt was sell almost as fast as harvested
and ginned.
The same conditions prevail, as we
specially mention in Mississippi and Tex
as, but reports from some sections of
Mississippi show that there is si ill some
little cotton in *he fields, part of which
will not bo picked on account of bird
weather, be report* from Texas show
that the amount in farmers hauds is in
flnally smaller than in past years. Num
ber of reports give she following rea
sons for the fast movement of the crop
and the fact that farjLxss cotton is held
than last year; 4 J
1. Tin weather ill during the fail has
bee very favoraorble for havesting and
marketing.
2. Owing to ihe very small movement
in grain, cotton seed meal and cake,
the transportation facilities for cotton
have been far greater than in past years.
1 In only the State of Mississippi was a
scarcity of cars experienced at times.
3. Many farmers and merchants who
held cotton last year for ten cents were
sadly disappointed. And had to take
about seven cents for their cotton. With
‘ thi3 experience behind them they sold
| their cotton this year as fast as possi
ble.
4. For the reasons mentioned under
No. 3, the merchants and bankers gener
ally pushed the farmers to sell and mar
ket as fast as harvested.
5. In some States there was a disposi
tion observed to hold cotton to some de
gree until the United States Agricultural
Bureau report was issued on December
3rd. Upon the subsequent advance in the
1 rice of cotton same was rushed to mar
ket by the farmers as never before.
0. In a number of States, and especially
so in Texas, the farmer had to pay
enormously high prices for feed, ’corn de
| Jivered iu Texas interior towns cost about
one dollar per bushel, and to mee his re
quirements .n this regard, and also his
obligation generally becoming due Octo
ber Ist and January Ist, had had to sell
his cotton and “holding” was out of the
question.
7. Oceon freights have been this year
the lowest for perhaps ten years, which
had a tendency on the part of exporters
to rush the cotton to the export placp*
as. fast as possible so as to avail them
selves of these low rates. This ten
dency was particularly conspicuous in the
fast months cf the new season. “Accord
ing to the general tenor of the reports, as
above mentioned and for all the reason
sstated we do not see any cause what
ever to change our estimate of the 1901-
1502 cotton crop, which was 9,764.900
hales.” In view cf the fore’going I can
rot see any reason to believe that the
present crop can substantially exceed
Messrs. Wilson & Co.'s estimate and with
such a supply of cotton extreme prices
for the article are inevitable later or. iu
the season.
THEODORE H. PRICE.
TEH BUGS BURN
Eight Stores, the Ashby Hotel
and One Dwelling De
stroyed at Ashpole
(Special to News and Observer.)
Lum'oerton, N. C., Jan. 13. —Eight
stores, one dwelling and the hotel were
burned at Ashpole this afternoon. The
stores destroyed were those of E. A.
Sanders, Spurgeon Floyd, E. Hayes, Dr.
W. I'. Stephens, H. Floyd and S. Griffin.
The dwelling burned was that of John
Hill. The Ashpole Hotel was the other
building destroyed. The loss ns yet
cannot be given.
Washington, J;,n. 13. —Senator Berry,
of Arkansas, was on the floor of the
Senate today. This was his first appear
ance since his severe accident while on
a visit to his home during the holiday
recess.
THE PENSION BILL
BEFORE THE HOUSE;
For Federal Aid to Confeder
ate Veterans,
MR. RiXEY’S PROPOSAL
Richardson, Ala, th.e Only Democrat
Who Supports It.
THE DEPARTMENT OF COMMERCE BILL
This Measure is Called Up in the Senate and
After Some Discussion Goes Over
Subject to Ca'l by Mr.
Nelson.
(By the Associated Press.)
Washington, Jan. 13.—The House of
Representatives spent the day in general
discussion of the Pension Appropriation
Bill, the first of the annual budgets. The
debate took a wide range.
Mr. Grosvcnor, of Ohio, and Mr. Hep
burn, of lowa, took occasion to denounce
a report presented to the last G. A. R.
Encampment criticising the course of
themselves and ther members of Con
gress on the veteran "preference” bill,
which was defeated at the last session.
They explained that their opposition to
the bill was due to the incorporation
j iu the bill of a clause which had not
I been endorsed by the G. A. R., placing
veterans of the Spanish War iu the pref-
I erential class.
| Mr. Rixey, of Virginia, caused some
thing of a stir on the Democratic side by
advancing o proposition to open the doors
of national soldiers homes to ex-Con- i
federates and to furnish Federal aid to
State Confederate homes. Mr. Richard
son, of Alabama, was the only Democrat
who joined Mr. Rixey in support of it. j
Mr. Barney '(Wisconsin) in charge of i
the bill, fcaid the estimates for the pay
ment of pensions had from
$144,009,000 to $138,500,000. He was asked
by Mr. Richardson (Tennessee) why the
amount for pensions decreased five and
a half millions, while the number of
pensioners was said to be larger.
Mr. Barney explained that ihis was
accounted for by the fact that the ar
rearages were decreasing, and the num
ber of large pensions (those from SSO to
$75 a month) was also decreasing. In ,
reply to another question he stated that
> the Commisloner of Pensions believed
that the high ftde of pension payments
had been reached and the amount re
quired probably would remain stationary
for some years.
Mr. Talbot (South Carolina) delivered
a general speech on ihe subject of pen
sions to show the growing extravagance
and fraud of the present system. He
thought the practice of passage of spe- .
cial pension bills should be abandoned.
Mr. Rixey (Virginia) took occasion to
submit an argument in favor of a bill
introduced by him today to admit Con
federate veterans to national soldiers’ |
homes, and to extend the same national
aid to State Confederate homes in the
South as was extended to State Union
homes.
Mr. Rixey said that a somewhat similar
bill introduced by him in the last Con
gress had provoked considerable hos
tility and criticism in the South and in
the North, but be believed the time had
come when the doors of Union homes '
could be opened to Confederate veterans.
The restrictions against ex-Confed
erates participating in the Government j
and against ex-Confederates holding com- l
missions in the army or navy having been
removed, he argued that the barrier,
which stands across the path of ex-
Confederate soldiers should also be re
moved.
Mr. Richardson (Tennessee) the Demo
cratic leader, interposed to declare that
never v/ould he be willing to see ex-
Confederates enter Union homes. The
debate grew lively, differences of opinion
developing on the Democratic side. Mr.
Richardson (Alabama) sided with Mr.
Rixey, while Mr. La rube (Virginia); Mr.
Bartlett (Georgia), and others opposed
the suggestion. Mr. Rixey declared that
he proposed to continue to advocate the
passage of the bill he had introduced,
whether it proved popular or not. j
Mr. Gaines (Tennessee) secured the
floor and talked for some time about the
result of his observations in the Philip- !
pines on his recent trip to the archi
pelago.
At the conclusion of Mr. Gaines’ ro- j
marks, Mj'. Lever (South Carolina) form
ally announced the death of the late
Representative Stokes of his State,
which occurred last summer, and offered 1
the customary resciusion of regret, which
were adopted, after which, at 4:55 p. m., 1
as a further mark of respect the House 1
adjourned. 1
MORGAN QUESTIONS LiMPRE-
No New Facts of Special Importance Concern. :
tieg Fanama Company Ara Developed.
(By the Associated Press.)
Washington, Jan. 13—-The Senate com- ! t
mittee on Tnter-Oeeanic Canal 3 held a t
session today and Lampre, of the Pana- i
ma Canal Company, was again before it. 1
Senator Morgan questioned him very '
closely and at length, going over the 1
examination of Saturday, but not bring- £
out out any new facts of especial im- ’
portanco. The committee will meet
again tomorrow.
Senator Morgan questioned M. Lampre
especially concerning- the interest of the
stockholders of the old aPn-American
Canal Company in the pending transac
tion. M. Lampre stated that under the
agreement of the new company with the
old company, the stockholders of the
latter concern would receive 6 Oper cent
of the proceeds of the sale. He said
that under the original subscription
agreement of the old company, the stock
holders had been entitled to interest
amounting to five per cent per annum on
their subscription even while the canal
was under course of construction, but
that the interest had been . suspended
when the old company went into liqui -
dation. He also said that an agreement
had been reached with the liquidator as
the representative of the old company,
that in case of the sale of the property
he should appoint two arbitrators while
the new company appointed two, these,
four to select the fifth, and that all five
shoull unite in making equitable distri
bution of the proceeds of the sale.
He contended that under the French
law the new company had a perfect
right to make the transfer, notwith
standing the interest of the old com
pany. “I wish,” he said, “to make this
perfectly clear and want the committee
to understand that tho new company is
entitled to make a clear and perfect
transfer to the United States. It would
he legitimate to make the transfer with
out the interference of the old company,
but to make lhe way perfectly clear and
to prevent any possible entanglement
we made an agreement With the liquida
tor of the old canal company to the ef
fect that we should have absolute au
thority to deal directly with the gov
ernment of the United States.”
‘‘Did you make a similar arrangement
with the liquidator of the bondholders?”
asked Senator Morgan.
In response to this inquiry, M. Lampre
said he did not appear in the agreement,
but he gave the liquidator of the old
company authority to enter into the
agreement.”
cSnator oMrgari: "Could the new
company sell the property and put the
proceeds in its pocket and not share
them with the old company?”
M- Lampre: "Yes, it could do so un
der the authority of the stockholder’s
meeting.”
Senator Morgan: "Then the transac
tion between the two canal companies
must have been a sale to the company
without reference to the bonds and the
stock held by the old company.”
JI, Laruftte: it was a sale, but
one of the Conditions of the transaction
was that we should give 60 per cent of
the proceeds to the ,old company.”
M. Lmapre said that of the 70,000
shares of stock of the Panama Railroad
Company, the new Panama Canal Com
pany owns 68,534, and that the railroad
company had last year paid dividends
to the canal company amounting to 400,-
000 francs. He said, however, that he
knew nothing about the details of the
management of the railroad company.
PROCEEDINGS IN THE SENATE
The Bill Providing for a Department of Com
merce Discussed.
(By ihe Associated Press.)
Washington, Jan. 13.—1 n the Senate to
day Mr. Nelson, of Minnesota, called up
the bill providing for the establishment
of a Department of Commerce. Be ex
plained the necessity which, he said, ex
isted for the passage of such a measure,
and was plied with questions by several
Senators who said that sufficient time
had no been allowed for looking into the
merits of the measure. Mr. Teller criti
cised that feature relating to the trans
fer of geological survey, while Mr. Hale
said that the bill providing for a depart
ment which ultimately would be one of
the largest in the Government. After
seme further discussion the bill went
over, suffret to call by Mr. Nelson.
A resolution by Mr. Hale providing for
the printing of a number of copies of the
report of the Schley Court of Inquiry was
referred to the Committee on Print
ing.
The Senate was in executive session for
an hour and a half and • adjourned at
3:12 p. m.
H. AND B. BEER'S MARKET REPORT.
New Orleans, La., Jan. 13. —Early Liv
erpool advices were disappointing, but
subsequently buying orders from Ameri
ca' on Messrs. R. T. Wilson and Com
pany’s estimate, occasioned an improve
ment, and our market in sympathy
opened C to 7 points higher. The easi
ness which developed in Liverpool later,
caused a brehk of 11 to 13 points from
the top here, being accelerated by tin
heavy New Orleans and Houston esti
mates for tomorrow. Nety the dosing
fresh buying and the absence of sel
lers superinduced a slight rally, making
the net loss 1 point on the day. Messrs.
R. T. Wilson and Company’s estimate of
9,415,000 proved to be a surprise to the
trade. It was so absurd »that it was
ridiculed by operators and discredited, as
was amply shown by the course of the
market. The movement on its face
points to a crop of 10,700,000, and al
though it is claimed that there is less
cotton held in the South than last year
the in sight figures do not corroborate
these reports. Last year at this time
similar claims were made, and advices
of like nature circulated, yet the out
turn was 1,000,000 more than the popular
opinion prevalent then. Reports of
shortage in Texas are conceded by every
one as that State to make a crop of
3,000,600 must market from now out
350,000 less than last year. The States
outside of Texas, it is claimed, however,
hold considerable more, off setting any
deficiency in that State, and adding to
the amount to be marketed for the bal
ance of the season. The legitimate fea
lures of supply and demand will regulate
values in the future, and not theorys.
We therefore, advise our friends to be
?uided by them entirely.
H. & B. BEER.
* THE WEATffI
-> For Raßl^
: FwtfT |
♦♦♦♦♦♦♦♦♦*♦♦ ♦♦♦♦♦♦
PRICE FIVE CENTS
FARMERS WILL
MEET TO-NIGHT
(he New North Carolina Far
' mers’ Association.
PRICE OF COTTON SEED
Mills Are Paying More For it Now
Than Ever.
COUNTIES WILL BE REPRESENTED
This is the First Meeting Since the Organiza
tion was Perfected During Fair Week.
Draft of the Constitution and
Plan of Work.
The North Carolina Farmers' Associa
tion will meet tonight in accordance
with the date fixed at the meeting held
during Fair Week, when the State or
ganization was prfeeted. At that meet
ing the Cotton Grower's Protective As
sociation and the Cotton Farmers’ Asso
ciation wore consolidated inlo the North
Carolina Farmers’ Association, thus em
bracing all farthers, and not only cotton
growers. Dr. R. H. Speight, of Edge
combe, was elected president and T. B.
Parker, of Hillsboro, secretary. The
plan outlined was for an organization in
every county of the State, and for these
| various county associations to send
delegates to the meetings of the State
association.
Tonight will be held the first meeting
since that organization, and the reports
from the counties will be looked for with
much interest.
Recent conditions in the cotton seed
trade will no doubt be discussed and
possibly acted on. Since Fair Week,
when it seemed to he the general opin
ion that the State organization should
advocate a rate of not less than 2f> cents
a bushel , for
n u U
paving 1 ~■> pounds
lar commission for of ootWm
, seed. This lias been brought nbout.,
said n prominent agriculturist to a
News and Observer representative last
night, by the advanced price of oil and
! the old story of supply and demaud t
The 'meeting tonight will be in th'o
; Auditorium, and it is likely will be well
attended.
The chief provisions of the constitu
tion adopted during Fair Week are as
follows:
j * "Name: The North Carolina Farmers’
State Association. «
The officers shall be a president, sec
retary and treasurer. There shall be an
executive committee, to consist of three
members.
All white farmers, ginners and others
interested in farming and in securing
benefits to farmers, shall be eligible to
membership, ,
The dues shall be 50 cents per year, 35
cents to be sent to the State Association,
and 15 cents to be retained in the home
associations. .
The township associations shall hold
monthly meetings, and the county asso
ciations once in three months, and may
have called meetings oftener-
The State meetings shall be held an
nually in the city of Raleigh, to be com
posed of delegates from the various
counties, one for each fifty members or
fraction thereof. Each township shall
be entitled to one delegate, in counties
where there is no county organization.
This organization shall be strictly
non-political, tolerating neither religious
nor political tests of mombershp.”
NEARLY 200 COKVICIS
These Wont Yesterday From .Halifax Stats
Farm to Mitchell County
Between J9O and 200 convicts were pas
sengers yesterday over the Seaboard Air
Line, bound for Mitohell county to work
on the Ohio River and Charleston rail
road.
These convicts came from the Halifax
State farm, where about 250 are left
at work to prepare for next year's crops.
The force sent yesterday passed here
in charge of Major J. H. Melver, and
go direct to Mitchell county. With the
addition of these there will be about 100
convicts at work on the Ohio River and
Charleston Railroad.
TO PUNISH LYNCHERS OF ALIENS.
(By the Associated Press.)
Washington, Jan. _ 13. —Representative
Cnimpacker, of Indiana, today introduced
a bill for the punishment of persons
taking part in the lynching of an alien.
Those who conspire in such a lynching
are made subject to death or life im
prisonrneiH. while meeting to organize
such lynching is made a felony. The
Federal courts are given jurisdiction of
such offences, and persons who have par
ticipated in lynchings are disqualified
from serving as jurors. The measure is
designed to cover cases similar to the
lyncliiug of Italians in Louisiana and
Mississippi.
HEPBURN’S BILL GOES TO SENATE.
the Associated Press.)
Jau. 13.—The Hepburn
Nic.>riEHi Canal bill was today rc
t |V( jff|Htlte Senate irotn the House and
"i> tim Committee on lnter-