The Weather Today: j™KoZf™! Fair; Continued Cool. The News and Observer. VOL. LII. NO. 156. (LssdiOs ,®OD IKIocfGDd ©aroDoonffl ElfflSDy Pffl[p®[p® 800 GB®ft|]D sqddqD @Bcpcß[]oDaiGß®Qn GDVERIQR AfCOCK ATYOUHGSVILLE Me Thrills the Good People of Franklin County. TALKS PURE DEMOCRACY Flays Eadical Boss, and With Telling Effect Tears Away His Mask. HIS FIRST POLITICAL SPEECH SINCE 1900 The La r gest Crowd That Ever Assembled in Youngsville Pays Tribute to Our Commonwealth's Gifted / Orator‘‘Governor. (Special to News and Observer.) Youngsville, N. C. ( Sept. 13.—Governor Chas. B. Aycock spoke here today. It was the first political speech the Governor had made since the campaign of 1000. His coming had been heralded here abouts and the largest crowd that ever gathered in this busy thriving town as sembled to hear him. He spoke in the Cheatham Tobacco Warehouse, the largest building here, and : it was filled to overflowing with twelve | hundred or more of the best people of Franklin and adjoining counties. In the beginning the crowd was com posed of men of many shades of political opinion, and when his great speech had been finished—if we m*y judge from ex pressions of universal approval—from en thusiastic applause, from generous en eominous of hearty praise, there •was but one shade of opinion left. The Governor was very nearly at his best. The reception he received from the good people of Youngsville and Franklin county seemed to inspire him. As was said by Mayor Allred in his speech of welcome. It was the first time the busy little buig had ever had the pleasure of welcoming into the hearts and homes of its people the Governor of the State. They met the train on which the Gov ernor arrived. Many hundreds strong. They brought with them the Franklin Guards of Franklinron, under command of Capt. Wyatt L. McGhee as a special escort. They brought with them mount ed police to head the procession from the station to the hotel and from the hotel to the meeting place and back again. They brought brave men. fair women and smiling happy children to welcome the ' people's Governor and the childrens great champion, and when the speaking hour came business was suspended, stores closed. The doors of homes were closed and the people, old and young, gathered in a great mass of eager, anxious and appreciative listeners. Prof. Allred, the mayor of Youngsville, in a most happy little speech, extended ! to his Excellency a most cordial welcome and extended to him the heartiest greet-- i ings of the brave men and noble women ' of Franklin county. He presented Dr. I. G. Riddick, Franklin county's Demo cratic nominee for the House of Repre sentatives, who, in a ten minutes speech that fairly bristled with beautiful diction and genuine eloquence, introduced Gov-, ernor Aycock to his audience. Dr. Rid dick alluded feelingly to the Governor as the State’s most forceful and effec tive champion of intelligence and virtue, whom every impulse of soul, every pul sation of heart and every energy of nerve and manhood had ever been in listed in the best interest of the State and its people. When Governor Aycock arose there ' came a storm of apolause that almost shook the building. When the applause had subsided the Governor began by | reminding the people that when he last I spoke to a Franklin county audience he i was a candidate for office, asking for their support. He came now to render | an account of his stewardship. He came ! before as a Democrat with no apology to make. He came now as a Democrat ! with no apologies to make. He came be- I fore pleading for peace and good govern- ! ment. He came now to proclaim the i ( fact that the peace and good government, ' ' for which he had pleaded, had been re- I stored to the people. Four short years 1 • ago there was bitterness and hatred and strife and danger and death abroad among 1 us, hut'in 1898 the people themselves had } proclaimed that peace should reign, and ‘ we have had it ever since. "There is no more turmoil," said the 1 Governor, “and there can be none so ‘ long as the great white manhood of the ' State has charge of its affairs.” I ' The Governor alluded then to the ac- ! } tion of the two State conventions, to : the great Democratic State convention, J 1 which placed before the people a straight I 1 Democratic ticket, and to the Republican i State caucus with one man in control, j ( who did not have a man in his party * whom he thought good enough or great • enough to name for a seat on the Su- j 1 preme court bench. “I knew,” said the 1 Governor, “that we had about destroyed * them, but I did not know that the de- A struction was so far reaching as not to r leave them enough me nto make up a 1 ticket, but it seems to be the case, for they had to practically endorse two of 1 our nominees and then take up another I Democrat to head their ticket.” I "I told you in '3B that if you would 1 place the grand old Democratic party in J < power we would convert these radicals j and make even them better men. and we have done it.” He then took up Pritchard's platform declarations at Greensboro, and with burning logic and stirring eloquence tore Pritchard and his followers into a thous and atoms. Pritchard and his party de claring for four months of common schools, the same crowd that collected school taxes from the people and sold railroad bonds, but never built a schotfl house, and spent only the pitiful surn of $38,000 and paid all the balance to them selves In salaries. Then the Democrats came into power. They raised and ex pended the first year of their power for common schools $-400,000. They increased this sum year after year until 1896, when they went out of power the school fund amounted to eleven hundred thousand dollars, and vet Pritchard condemns The Democratic party for not doing more for common schools during the time they were in power—from 1875* to 1895. And then when we returned to the control of affairs in 1900, said the Governor, “we increased the school attendance 7 per cent the first year and will increase it over 10 per cent this year. ’ He spoke of the extra expenditures on the part of the present administration for schools, charitable institutions and pensions for old Confederate soldier)!, and then read the Pritchard platform declarations favoring liberal aid to them ail. Pritchard and his crowd had been converted along this line sooner than he had expected. He then showed up the inconsistencies of Senator Pritch ard in his declaration for pensions for the old soldiers. He told how the Sena tor, in the Legislature of 18S5, had voted against a Dill appropriating the pitiful (Continued on Fifth rage.) KNOCK-OUT BLOWS Simmons Hammers Pritch ard in Perquimans. A Great Speech Btfjre a Great Crowd. Pritch ard Shown Up as Opposing Confederate Pensions in 1885. (Special to News and Observer.) Hertford, N. C., Sept. 13.—An enor mous crowd heard Senator F- M. Sim mons in the court house here today. The speech was a powerful and a convincing one, and the crowd was an enthusiastic one and met the speaker half way, so to speak. Mr. Simmons was in fine voice and Rood trim all around. The people were de lighted with his speech and did not fail to let him know it, so they could be heard for a very long way off. The Senator’s arguments for a contin uation of Democratic rule in the State were absolutely unanswerable, and the crowd thought so, judging from their shouts of approval. But the sensation of the day. when the ' people simply went wild, came when Mr. Simmons referred to Senator Pritchard’s speech and vote against the first Con federate pension hill, passed by the Leg islature of 1885. What the speaker said on this subject was as follows: “In connection with the question of whether the people want to be repre sented in the Senate by Senator Pritch ard. the old Confederate soldiers may want to have something to say. Senator Pritchard has been a great advocate of pensions to Union soldiers since he has been in the Senate, and he is the author of the recent bill which passed Congress pensioning deserters from the Confeder ate army. The last pension bill appro priates nearly $140,000,000. It is said that under Senator Pritchard's desert ers' pension bill several hundred thaus and of this money will he paid out dn North Carolina every year. “While Senator Pritchard favors these liberal pensions for Union .soldiers and deserters, what has been his attitude with reference to pensions for Confeder ate soldiers? True his platform, recent ly adopted at Greensboro, says they are in favor of liberal pensions to these old heroes, but the platform was adopted un der the spur of Democratic denunciation of *heir apathy and indifference towards the men who Lee and Jackson. Unfortunately for Senator Pritchard, he has a record upon this subject. He once voted and spoke upon this subject he | fore he was a candidate for the United States Senate. It was way back in the Legislature of 1885, when the first Con federate pension bill was under consid eration. Senator Pritchard was a mem ber of the House of Representatives that year. The files of the Raleigh Observer, when the Confederate pension bill was under consideration, shows that lie made a speech against its passage. It also shows that he and his party tried to dodge a vote, but the Democrats would not let them, and they were forced to vote. They did vote, and the Journals of that Leg islature show that Senator Pritchard, with twelve other Republicans, voted against the bill on its second reading, and that he together with thirteen other Republicans, voted against it on its thiru reading. “It is not likely that the old soldiers of North Carolina and thehir descend ants will care to vote to send to the Senate of tho United States re present the ma man who. while voting large pensions for deserters from the Confed erate army when he was in the State Legislature voted against the first hill ever passed to pension Confederate sol diers.” The sledge hammer blows fell and the people applauded as the thuds went home- Taken all in all, it has been a great day for the Democratic party in Per quimans county. Score one against Pritchard. RALEIGH. NORTH CAROLINA, SUNDAY MORNING, SEPTEMBER 14, 1902. MAY PROVE ADEATR l BLOW TO'CORNERS" Decision Against the Chicago Beard of Trade. CHYTRAUS HITS IT HARD Strikes at Very Life of Association as Organ zed. WILL HIGHER TRIBUNALS SUSTAIN HIM If They Do There Will at Once be an End to AH Corners In Commodities or» the Chicago Ex change. (By the Associated Press.) Chicago, Sept. 13.—A most important decision against the Chicago Board of Trade was rendered today by Judge Chytraus, in the “July Oats Corner In junction Case." Not only does the opin ion of the court, if sustained by higher tribunals, put an end to all corners in commodities on this exchange, but it strikes at the very life of the institution as now organized. The directors for all time have had their powers so curtailed that they cannot longer adjudicate upon property rights of the members of the association. Judge Chytraus goes even farther and says that under the charter of the Board of Trade there is no pro vision for succession of membership and he asks the pertnient question. “What would become of the corporation when persons now composing the original board would be dead?” The case in question was one brought by the commission firm of Waite. Thor burn and Company, against the Chicago Board of Trade, the Bank of Montreal and several prominent members of the Board of Trade in which a temporary injunction was granted to prevent mar gins that were put up by the complain ants from being handed down to the con tracting- defendants- The claim was made that thd defendants had run a corner in July “standard” oats. The complain ants who had sold “short” to the defend ants, while not denying their contracts, and while declaring their purpose to make good these same contracts made' protest against having the ease adjudi cated by the Board of Trade as provided in the by-laws of the association. The gist of the decision is that a special committee, which, according to the Board rules sholud be appointed by the presi dent to adjudicate such differences, has no authority to act in matters where property rights are involved. The rights of the directors of the board to preserve, the integrity of its rules so far as dis cipling members is concerned by fine, suspension, or expulsion is upheld by the court as their proper rights, but he rules against the question that “against the will of the complainants the power of disposal over that money which in a sense has been placed in trust or escrow, exists in a select committee ot three dfs niterested persons, members of the asso ciation to he appointed by the president, i. e., whether the money can be appro priated by such a committee to the con tracting defendants.” Regardless of the fact that the com plainants agreed to be bound by the rules which provide for settlements of disagreements, the court ruled that they were not bound, that the arrogating of such power to such a body was against public policy, and that “it would he in troducing sovereignties within a sover eignty for the function of construing the law.” The general power to pass upon the right of property in the margins in question is held a judicial power, which never can be considered to have been delegated or confirmed by dubious im plication. ‘ The ordinary court of justice,” said the court, “constituting one of the branches of our government ought not to be and should not submit to being excluded or ousted by jurisdiction by in teedent.” With some sarcasm the court adds: “The masterly ingenuity of the plan contrived to prevent appeal to the com mon law courts of the State commands our admiration- Think of the long time of operation that has proved the scheme a successful one. The loser who may feel himself aggrieved and who may know himself to .have been wronged by the operation of a corner, or otherwise, at law, can only sue to get his money back. “Even that remedy is by the resource fullness of the scheme abridged. For it is possible for him to do even that only after he has an award or adjudication against him by this Board of Trade com mittee or tribunal.” VANCK COUNTY CONVENTION! W B Daniel dominated for the legislature speech by F W Pou. (Special to News and Observer.) Henderson. N- C., Sept. 13.—The Dem ocratic County Convention was held here this afternoon. Hon. K. W. Pou. Con gressman of this district, was present and : made a magnificent and sterling address upholding the standard of Democracy, j After the close of his address noniina- j tions were made as follows: j For Clerk, Henry Perry by unanimous vote. For Register of Deeds, Kenneth Edwards, by acclamation. For Sheriff E. H. Powell, also by acclamation. For the office of Treasurer four name? were presented: R. H. Sutherland, R. (’. Bobbitt, J. H. Fleming, W. A. Cunning ham. The result was the nomination of 3. C. Bobbitt. For the Legislature the names of Thos. Taylor, T. M. Pittman and W. B. Daniel were placed in nomination. After three ballots had been taken Mr. Pittman withdrew and W. B. Daniel received tht, nomination. Other officers nominated were: Coro ner, Sim Dean: Surveyor, W. H. Hood: Township Constblea, D. C. Crabtree. Every nomination was a re-nomination of the oresent incumbent. The candi dates were all good Democrats, and the nomination of anv one of them would have met with approval. Mr. Charles Ross’ Serious Hurt. (Special to News and Observer.) Aberdeen. N. C., Sept. 13.—Mr. Charles Ross’ injury is not considered danger ous, but he is very painfully hurt, his nose being broken, teeth knocked out, and his face severely cut. He was moved today by his father and attending physi cian from Carthage to his father's homo at Jackson Springs. General Wheeler Coming Home. (By the Associated Press.) New York, Sent. 13.—General \\ heeler and his two daughters were passengers on the steamship Philadelphia, which arrived early today from Southampton. WAY OF ESCAPE OPEN FOR WILCOX He Re fuses to Avail Himself Os It. Negro Youth Breaks Jail Leaving the Way Clear, Wilax Cculd Easily Have Folltw d Him. (Special to News and Observer.) Elizabeth City. N. C., Sept. 13.—Last night a negro youth escaped from the county ia.il and left his means of exit subject to the disposal of James Wilcox, the famous alleged, murderer of Ella Cropsey. This morning when the sheriff and others visited the jail to discover the negro's means of escape, Wilcox told them that he could have escaped in the same manner, and to prove his asser tions he went, through the process of making his escape in the presence of the few who were present. When the water works were installed in the jail a bar was removed to make room for a pipe. The negro removed the pipe, thus leaving an exit for every prisoner in the jail. Wilcox said: “If 1 had wanted to get out the way was clear." WE GAIN MORE THAN A MILLION. Valnna of Wake’s Beal and Personal Property Is $13,478,230, as Against $11,704,806, Wake county has gained $1,683,424 in value of real and personal property. The figuring up of the tax books for Wake county was practically completed yesterday ir. the Register of Deed’s offfez. The Board of County Commissioners met in special session and accepted the books. The complete tax returns, such as real and personal property, classified, etc., cannot be given yet; but the following figures show the final results: Total value of real md personal property, $13,478,230. State taxes $ 30,937.47 Poll taxes 17,211.08 County taxes 32,887.66 On bonds 4,673.52 Graded schools 15,577.69 Road tax 8,456.63 Total taxes $134,759.36 The total value of real and personal property last year was $11,794,806. The increase, accordingly, & $1,683,421. Boosevelt Invited to the florae Show. (By the Associated Press.) Nashville, Tenn., Sept. 13.—President Roosevelt will be invited to Nashville for the horse show, which \takes place October 7-12. This date immediately follows that of the Louisville horse show, to which the President also is invited, and it. is hoped that he will find it. pos sible to accept. Governor Beckham, of Kentucky, and Governor Candler, of Georgia, have al ready been invited and both will accept. Should the President come he will be with the Governors of three Southern States. JRoosevelt to Hunt on Our Coast. (Special to News and Observer.) Elizabeth City, N. C.. Sent. 13.—The Chamber of Commerce last night ap pointed a committee to invite President Roosevelt to pay this ritv an official visit. Mr. Roosevelt will shoot ducks on the Currituck marshes this winter as the guest of ex-Congressmun John E. Rey burn. Washington. Sept. 13. —Joseph Specht, who cam • here from St. I -oil is ten years ago and purchased old Gunston Hull. Mount Vernon, the ancestral home of George Mason, .he author of the Virginia Bill of Rights, was found dead in bed at his home yesterday. , H<- was well known throughout Virginia and iu this city. 16 PAGES— SECTION ONE—Pages 1 to 8. TO AVERT POSSIBLE FAMINE IN MONEY Shaw Will Release $4,000,- 000 Treasury Holdings SEESNOCAUSEFORALARM But Thinks it Best to Provide Against Emergency. TO ANTICIPATE THE OCTOBER INTEREST Ibis Amounts to About Four Miliionf, Two Hundred Thousand. Ibe Srcetary’s Plan to Release the Banks From Western Pressure (By .he Associated Press.) Washington, Sept. 13. —Secretary Shaw today issued the following statements: Secretary Shaw has made arrangements to release about $4,000,000 of the Treas ury holdings. He has had a list pre pared of those naJonal banks through out the country which hold free or un pledged bonds at the date of their iast report and ha 3 made inquiry for others. After making allowance for changed con ditions since last report he expects this Will release 84.000,000. He has sent no tice to ail such that if they will send these bonds to the Treasurer of the Uni ted States in sums of fifty thousand dol lars or more, they will be designated as temporary depositaries and the face value of the bonds will be deposited with them to the credit of the Treasurer of the United States. He has pursued this course in prof 'rence to designating de positaries in the ordinary way. which compels them to buy bonds in the mar ket at a large premium, thus paying out more for the bonds than they get from the government The customs receipts are extremely heavy at this particular season of the year and the cash balance of the Treaeurjr has been gradually in creasing. He also has decided to anticipate the October interest, amounting to about $4.- 200,000, and with this In view, orders have been issued to the varmus Sub- Treasuries to cash such coupons as may be presented to them for payment, and the Treasurer of the United States has been instructed o mail chocks for inter est on the registered «honds. All this was decided upon some days ago and let ters and telegrams prepared for today. The secretary sees in present condi tions no occasion for alarm. He calls attention to the fact that there is no evi dence of a currency famine present or prospective elsewhere than in New York, and even there the rate is not high for commercial paper, and for commercial paper he has the greater solicitude. He is well satisfied with his efforts to in crease circulation which he decided upon in the early summer when present con ditions were plainly visible and has the presses busy preparing to meet an emer gency which he does not expect but which he thinks it is wise to provide against. Thus far he has made requests only of such banks as hold large deposits and have very limited circulation and ho is not asking them to increase to the maxi mum nor to increase at all for the pros < nt. He does not desire to force the tanks into the market to buy bonds a* a raty> higher than the government is willing to pay. He docs desire to make the best possible use of the free bonds now held by the banks. Incidentally he likes to encourage banks to hold free bonds during the dull months, believing it. is much better to hold bonds that will yield I V2 per cent even than to make call loans at 2 per cent. He Is therefore giv ing the banks that hold these free bonds an opportunity to use them to most ex cellent advantage. This method, if pur sued by tlie banks would give a slight element of elasticity to our otherwise inelastic currency system. Later the following was given out at the Treasury Department - Th n New York banks are complaining because the unprecedented demand in Die West is reducing their available cash. They therefore ask that they may he al lowed to go into the. market, nay $l,lOO - 000 for a million bends and receive from Ih° Treasury a million deposit with the bonds as security. They seem willing to special gifts his entire estate goes to his wife, v, hose home is in New York. Little Henry Davis. Little two-year-old Henry Davis, of Henderson, who came so near death about two months ago on the railroad track and who has been in Rex Hospital, was yesterday taken to his home by hi:? fath er, Mr. Henry Davis. The little fellow Is now suffering from fever brought on from his injuries, ns well as from them. He was, on the track of the Seaboard, and the engineer mis took him for a fluttering piece of paper, lie was struck bv the engine and thrown a long llstaiee, suffering what is known as a compound depressed fracture of the skull. British Team Take the Palma Trophy (By the Associated Press.) Ottawa. Sept. 13.—The British team won the Palma trophy by twelve points. A married man no sooner gets out of his trouble by becoming a widower than he wants to go and do it ail over again.