Newspapers / The News & Observer … / Dec. 9, 1908, edition 1 / Page 3
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THE KEWS AND 0BSEITO5BrESDAir; !CjI!U35EIl 9,19 08. , t if' ft PROS R fi M ; D R THE Regarding Fiharicial and Currsnnv Lfinislatmn V 1 -' Statement Given Out by llic Chairman M Mli Roils Vtoftmntfc' on Bank" ltK-and Currency -Kiupliaaizcs the Importance of Principles Itathcr 1 fchan trtlrriila niHs Jn ThU:MaU4 ,er Government. Should Have No ipmaii(i join mat ions uuttaikunff-- .Mtvi Amerlcau :RuuUn.". ontrn1Ue Our Bank Credits," and f tUj?tbiAAQeatocl.:Pxviii.) ; ', .Washington, - Dec. 8.r Chairman Charles N. Fowler, of theC House Com mittee joifi:' Banking and . Currency, (gave outUonight a statement with re gard.iihutncial. ,and cujf reney legis lation, ati the present session of ; Con- gr.es,, -.ji .began iy empnasizing tne Jmportan.ee or principles tratner tnan hi, partkfular. .hills in this? matter and urged . :aji; jmjbi ness ma. oan Kcrs ana (lawyers, iWho should -' hi tor m - them- foeVvfs Mfn. this rooM important ques tion before? the American; people tnat they study f principles, "and, , he said, vj hObe m: suggestion may fall under the. yej b$ every one who takes an ijn- treit irtiiUianclal and cufrfjney legw. :L:?'Nn trnvernment should have" any demand HftMisfatloks. outstanding : be eause suehl obligations weaken and imperil tho credit! of the government which It:; is constantly idsing in the form. f Ji bonded indebtedness. ; No Kover'nmen't ef Any standing or -Corise- iuenee n( has any demand obliga tions outstanding; except: the United States."ko5 Imperil, its .credit and unset tle the-Vfrromercial conditions at any hiomentiai .well. Therefore, our Unit ed States4 notes should .be elemlnated t jeitifeiVetiremeijt or conversion Into 'J jgold "Certificates: VH:' ' f :r 1' f f "The reserves of the hanics in any ; ! " Urtjintrv jehonld h ' coined OUt Of the standard i of value, of that' country. Our bftjik. reserves should be all .in gold or -gold eertincates, wnicn. are the. same .thing. J J :- i;- " ' "The only true and tne most eco nomical -currency Js an lintrammeled credit currency. -.That Is, a currency which f'isi'l ihterchangeablel with basic deposits .that are. subject to check. Such a currency very greatly facili tates trade and commerce, and pre vents ' curi-ency- panics. A bank- Is, a ltiasipublic Institution, tilt Is relat ed n6t only to Its depositors but to the entfre commuhitywhere it is loeated as weil, and also to the whole Commer cial world of the natiott of which ev erj: Jankrls ah Integral part. A. bank llifflrs VfiryldistrncUy and-very widely t rpnt ,the Corner grocery store and; the ft trtf-T to' which, it 4ia. Jficently. cmj?i:4dld0aue tfioy areiteaai jii 'epetf rropect. :;lEverjs bank 'la fa, X&rt Hit thai great mechahism "Of 'eat rtirttierel bV which the business of the v l entlre country i novjr,transacted," and I i lthe wholf is. more, intimately, related jvnd more seheltive- sthan ver before i in ;the history, of the country because of I t usej of. the telegraph atod telephone , momentari ijr " andv, versally, . Th ? f I niiblie bharacter of our bankinje. busi ness his ibeen reuUy-acccjituated by 'these ".-forces, and . any -disturbance any where in:?the mectianism ofr exchanjre is:- more to- te feared today than ever before on this account. rr-i. -coind PnnnH Biinrprnftf est- lex- ,n - t ,. ...,, -i- - - - the welfare of the people Js a supreme law. wllow 'can we protect ourselves. in a hatlcinal Sense from tne aire conse quences of ; any local I cnsturoance which 'menaces the - busihess of the whole Jcoijntry'V,,?: -' ;T-, V ''""" U,lL-l?- 'Rank TteserveK ,?"Flrit.We should be ablevto know th .miiiiitv and the daantity of the bank reserves in every DanKing insii tution fn; the United Ststea "lcani j : onljv bp done by otte: singl adminls- I tration lot an tner oanKins mswrawou U is esselitiai tnat. uie reserve snoum i bo gold and not, nanK-notes, nor unii Ktates notes.' both;' ot which are mere .demands . for . money ': nor any Other" form of' credit because, credit . based omolher credit is th source of tnftatlan which 'must inevitably lead to omtnerctal- disaster. If -the reaulred resiprves Xt our national thanks :of -15 Land 25 per cent respectively ror tne va rious cities' or the country is essenuai to soundf banking, I then, though the reserves are actually In fgold but In ct amiunt to only, teni or i five per rent, or hractically. nothing, credit has nanded to a breaking and ruinous ,i.J a'rtfl nnmraprrp Ereherallv must Liv .i i Thf (.4 -hist what I nnerted In 1907.! Thel reserves -In jj(.S"'S' - - - - s . nar Stktei banks and trpst companies had fallen to about five per cent, and iven these reserves were largely In bank notes. " How can we prevent a recurrence: off this; same . condition? One answer 1 alone can be made by , it x i, A . . 4.h--tmormadmta Wanking institutions. j ttavlnss of Uie Masses. "Second. W should know that the saVings of the! masses in sll the States sre invested In specified securities of a, eonserVative character and not usea for speculative purposes which inya-1 liablyllefcdt to an unhealthy condition. disaster and untold misfortune. This 1 etc.,, but nas accompanied his report all-to-bedesired -end cart only be.se-j bv sample of all kinds of 'cloths, tag .rri thrnnehout .: the United "States ged and labeled, so that the commlt- bv a uniform superyisioii of all com-I tnercial-banks, -which, during the past rew- vearsl1 haver been receiving sav f: ingsf accounts? and-; using- them tor i r-rtrrtmereial' and 'speculative, purposes. ' ihenrijh.'acedunts shduld be icon New. Plinsef of Banking Business -f n.i.lnir.thA.lnst ti'vntv vpam in- X .1 II s U . w - . w mi - M a diatlnetlvnew nhase of the banking " im&iness has developed enormously, in the Unietates known as. .the trhst company. business. All: trust funds. : ph oli I'd be segregated- from tire Com- ; mreiaIJaccauntsr 9nd -not dlvertd mj f shrminPculaiiorsvt6 the. promotion of theirs enterprises t thefeby develdp lng unhealthy conditions which 'in tn m - breed and precipitate , . panics. Such ' a proper and 'Uniform admlnls- Won of .all trusts can. only be se i ured bv' 'the 'application, of sound principle through a uniform system; r.1n&rtOY0fJi Ce Dlf o f w aniai-jt trrlt4tinot or j'crii, oi nucost jmtrbfu PttinlMa, b4 But a I v or rc. ortf. iT'tie'AKs&itwttflra. old far Drac1' , - V " C.0.&, ' i vt et is V 4' and; this is essential, since the whole banking fabric of the country may be thrown Into " uttet confusion,, by loose methods,: abuslva trusts and especially by dishonesty In any Singlf city aw have lately learned through a sad aa seiioua experience.. ." We have juslyhad a lesson which ought not toj be for gotten now that we" have, leanied it so recently, and. at so great cost,' i " The welfare pf-Xhe people Is the supreme . law.' or 'giving it, a broader I Interpretation,-'the . protection of all is the supreme. law of;; the land.- Tnis all' docs hot mean the, people . of: the city or the. -State vwhere -,,the falling bank is located, butitherHhf'Thble peokJIe troih tte Amnjtlc: ;bo IJre Facfi!, f romlaOadft.t the JmfaediJ it Includes, all this,wno may he effected directiytrtt Indirectly, bi-- A$c m a; , .Pc;ll Must ? BcTOOfredJ ! ; t i i . -These' Aertls, $ur Wholf comraer Hair World! musf-bf 3reinovi..-.I How? PrWiartyJas ifear delled , by the as sociation of all the hdnkijit;aV-Gi'tyiiln. time of impending or thrbatnihg-danger, Thftjjmmediate &od I overwhelm ing thought is that acft bahk stand ing4, albhetallo -them must I fall; but that 'all of them .'united, ijo one of them carf fall. This lis tluvAroericah Idea of federation 'unlted; wet .stand, fllvided We-fall.' vr:" "The fat that all of our banks are disassociated, separated and I unrelat ed, subjects the business of the whole country,- otir laborers, our manufac turers, our" merchants Indeed, all business interests of whatsoever kind to the ever-lurking danger in' the lauure oipven ine weanest 01 xnem since it mar. for some reason, extend its Influence witU panic conditions pre vail. Immediately, all the depositors run upon the banks, and all; the banks run upon each other. The nanKs on the one hand demand their balances, the banks holding the balances on the ofber hand refuse-to pay thenvwhiefa is no less'run on their part simply because . they have possession. For their Tefusal to pay ; results In cgnr pletely breaking dewn oUr exchanges, horalvsins: trade, breaking up all nor- irnrr conditions, and terminates in Toss immeasureable and suffering indescribable..- h M. ;v ', -. ':'"::: r: ! Problem Peculiarly Our Own, The problem before, the people pf the United i. States is peculiarly our own and cannot be Solved by simtrly aping some other nation., i . we , must study our own conditions and wW suc cessfully slolve fthe greatest problem now confronting the whole civilised wnrM i nniv hv the. annlicatlon td .our own peculiar conditions of. those fun damental principles wnicn are aoso lutely UnerrfnK in their operation. . . : Three Tliln-cs to AccomplLsii. To reserve and" maintain the principle of individual banking, which Is sotrlkiigly peculiar to the United States and at 'the same time secure that, streneth and protection that Is j essential tcAabsolute confidence and ai Impregnable defense to - American, commerce, we must vacconplish three things:;.-"' : ':l-':j - Y ' "Ural. tWe must uniiy AiT-c'ican barking.'. : -' ' 'Second. CWe must aecenira3 ji-r bank end its. ' - , - : : Thirit V must centralize our gi no reserve erve. , FORTY HOUIIS ADORATION. ' Observance . In . Cathoic ; unurcn v a Wilmington; Close Major Bullep Returns JLfter 61 Years of Service for the-U. S.., NV-Pastors Off to miison. ( v ;.;-;' ; : (Special j to News and Observer.) 'Wilmington. N. C. Dec. 8.This evening; ..witnessed. . the :; clos or im- Catholic church in observance .oiJihe forty hoisrs,,'ad6rationi' otm-cf fthe most solemn i periods In the calendar of the Church.1 7 Rt. I Rev. Bishop Jbeona4a, 0. B..of Belmoht has" been pre- Idlng and among the visiting priests here assisting in the services were Father Marlon, 'of TAshevilie: Father Gallagher; of Kew, Bern; Father Wm. B. liannon. yot- Fayetteville, and Father Kunnecks, chaplain of the United States army post at Fort Cas well. After 4, years pt continuous ser vice of thel United States government with , tha exception - of a few years during and after the,; when he return ed to his home here to cast his lot with., the Confederacy. Ma?or Cr P. nl1o . h Vnliinta-rll v v.retlred, frorrt the Hydrographic Bureau, -U.'-S. N.; in Washington, and has returned to Wilmlngtonyto live. , j. ' 4 Ffed Di. Hare, D. D..; pastor or the First Baptist church; Rev. C. F. Whit- lock, pastor of Brooklyn, church, and Rev. O. A Martin, pastor, of Southside, with - several-' lay delegates, left -' today for WUson to attend the' State -Baptist conVention; All carry up the- most enc0uragln( encouraging reports of the;-work fn this city and section of the State. Dr. Hale wasv one of the- speakers at the pastors' conference" this, evening... 1 IIIGIT TO AISK OP MR. CtuRK. One of the Experts Who lias Been Gathering Text11e Information. The Washington- Post says that the experts appointed by the Federal gov ernment t investigate labor and tex- tiie conaiuons nave ootainea lnior matlon of the highest values. X)f the men and their work, the Post has the I following to say of a talented Raleigh man whoS has "mad Kood" in that important' ?ork: "One, oP these men. , w: ' A. Graham Clark, whose .field is textiles, is a graduate of Harvard. -.- His eourse in cluded a thorough ' training .in the technical ischool. He is said by Ma. Carson to; be competent to build and i vy i air. r vuuuu lull-, aiiai j w Snd see at a glance what it operate a cotton mil-. analyse- its does and what It should do. - The de- pa. Intent haa- been surprised by the character jot some of hlsi work. "He hits Hisited the great textile centers of Great Britain and the con I tinent. snd not onlv haa suhmttted exhaustive reports relative, to labor I conditions the cost of the products. may know accurately . what every kind of cloth cost at the place made and the conditions under which it was made. ' . . . "At convention of the textile men I at Braaroxa, icngiana,. whence come at Bradford, England, whence come goods- imported to.- this .country. , th resident; of ; the . organisation, rersr- nng to wnaf tms American, had: ac complished, declared, that in his judg ment -Jar ciark had far more detailed information or the worker the: Brad ford milfs than. he, ,hlm8elf had,"' rr- urn T ' Af- -: vw, msjis w alks Mayor of, New Rern Finest Five Men $3.00 Each for DLsflgurlng Streets. (Special to'. News and Observer:)1 New Bern. N. C. .Dec. 8. -Five mn, Charles Green. M. (Merchant, Hardison. j.syj Rouse and William Brock, were before Mayor Bryan to day for disfiguring city property They are the nren who went all over the city last week; Tuesday night,; and! painted in big form the letters "a S. with white, -lead. The letters served to ad vertiser the "o nick sale shoe" at one of the-stores and there was a good deaf I or . mvsterv eonjiectprl, with th neeii. 1iah efeacit6Wof ' fcYong rai"lre 5 : ' HAtio USTtO iElldl1 3iiDE I j X;:1Gonmare'- the Stead fakknA wfrtfv rxV hano ustco iratiidM WAOC t Compare, the SteadfasrShoe witiY r ; and you cahldisfirTgui ence. It has the individual styl, the comfort and fit, the Jneifere" ' careful4 finishing Jn factpevrjrevi- r ' , aence or tne expert shoemaker s handi- work. Retail fqf ;deta! Viet in the Steadfast Shbe the very things you pay twice as much for in a custom shoe. Our 'Fall.a'rid Winter ;line shows the latest kicks''1from Broadway; ' The iwagger college shapes. Extreme or. conservative styles to suit everv preference. All the yak -4 Southern Shorn for Southern Gmthmen Msdesy SMITH-BRISCOB $5.00 PEEBLES Q EDWARDS Kxcluklve Agents In RalHarh. XO. 12. E. MAItTIN ST, ; ALAlilCE BONDS SOLD Bought by Two Chicago Concerns at a Good Premium Good Roads Bonds of j Alamance County, Sold for . $220,260 ' , a Pretniom of $20,260, or $110.13 Many Bidders. (fepeclal to News and Observer.) Burlington, N. C; Dec. The good roads bonds, issued by . Alamance county to improve ,her public high ways wtre soia at uranam Mon.aay to Messrs Thomas J. Bolger jCompany and Farson. Son & Co. . of . Chicago. The denomination of the bonds was 1200,000. fifty year 5 per ten, dated January 1st, 1909. They brought $220,260. a premium of $.20,260, or. $110.13. ; . .. . , . The following additional " firms had sealed- bids: Providence : Savings and Trust Com- panyM Cincinnati,. premium of $11,600; WeiV Roth & Co., Cincinnati, $12,200 premium; E. H. Rollins. & Son. -Cin-. clnnati. $1 4,35 4 premium; I John Nee nan & Co.. Chicago. $9,520: : Season gooVt 4yW GWcago;i$a8,000: A. Bl Leach St X30.t :Chk!ag07"- $10,14 f Robtt inson, Humphreys a Cd.1: Atlanta, $13,- 4 2 iV Mason Lewis fe Co., ew York, $12,095; S. A. Keame & Co.. Chicago, U0.260. " - I .0 . r :.'.";- Quite a number of other lower bldb were ; received, but were not accom panied by certified checks. All of the above bids were accompanied by certified checks of 5 per cent of the bond issue. , The bidders, Messrs. Thomas J. Bolger Company and Farson, Son & Co were accepted and j a certified Check.; was ' enclosed, showing good faith. -v - The ; bonds were approved .by ex.- pert attorneys of Boston, and the fact that they brought such a handsome premium showed that Alamance coun ty jborfds- are held at a big premium. The commission having the sale ,-tof the bonds in hand deserve great credit for; the manner in which they handled the sale, and secured the highest bid, and are being congratulated by our people. j . SERIES OF DEBATT. , Wake jWrest 1 Wants to Try the Bap tist Collect of the Lone Star Slate. Other Wake Forest .News. "(Special to News and Observer.): ' Wake Porest. Dec. 8. Arrange ments are now beings completed for a series of debates with rBaylor Uni versity. The first of - these debates will be held in Greensboro Easter Monday night the second In Texas, and the third will be held at some neutral point. Baylor is probably the strongest competitor with whom Wake Forest has ever debated, being probably the largest university In the. South, having about 2.000 students. But Wake Forest hopes to add. an other series of debates to her scalp. Baylor will submit ' the query, ,of whfch Wake Forest will have the choice of sides.. A debating council eomposed" of Fred Brown and Sanford Martin fron the Eu. society asd Oscar Henderson and s Chas. T. Bell from the Jhi. society have been ap pointed to have in charge the details of ths ' debate. . i ; j- - Prof. J. B. Carlylei C president f the: Bantlst State Convention, left this afternoon for WHson to attend the convenloni ; Dr. i Cullom also went. ' ; The faculty " ojuartette. com posed of Dr. Potest. I Dr. Brewer, Prof. Hlghsmith and I Bursar ' Earn shaw; will : be among those who leave tomorrows -The Norfolk & Southern train 'will f wait -for -passengers from this and other pdlrfts. ' ' S Mr. Ji- Tuckeri f at AshevUle. spent the day with his son while on the' way . to ' tins convention in Wilson. f'Tie-Board of Education tnet .yes terday, at which'-the ! report -of the corresponding s secretary was . re ceived and . accepted. BOLl THIEVERY, IX CA3IDEN Thief ' Enters Store-, Takes Goods and v"j3nei, TJien Steals norse and Bug " "tSpcial to iews and 'Obserreriy ' ? : Elizabeth' City, 'N. C:. Dee. 7. A re port has just reached here : that, one night 'last4 week a bdld thief entered the .tore of v C. Ferrell, near Shiloh, Camden county, and- carried away, a quantity of goods and about $50.00 in cash. Having the goods and no way )TONIGIlT ,0 .... .. latest leathers. tHOI CO, (Ise ). $6.00 J to' remhve them, the kind party ap propriated a horse- belonging to Sam Bartlett,' living Just ; a short '-distance from Ferrell's store, and a buggy from a poor 'negro, named Morrisette.i in the same- neighborhood, - The next morning' 'whf if the -things were found missing "a "diligent search was made and the buggy tracks traced to Great Swamp brlcire; indicating flight into Virginia. There the tracks were abandoned, although word was sent out notifying the neighborhood of the theft and 'the entire section thorough ly searched. - . " ' ; 1 - FUNERAL OF CAPT. GALLOWAY Remains Laid to Rest T in the Episco pal ClHirch Yard at Sikmv U1J In the. Presence of Large Concourse of - Sorrowing Friends-Cburt 1 journrX)Ht of Respect to His -- - - ji -" . ., (Special to News and Observer.) Snow Hill.. N. -C.. Dec. 8. The re mainof Capt. Swlfa Galloway. -who fdled Saturday, were'lald to rest yester- ! aay e-emng- in ine episcopal cnurcn yard. A large concourse of people at tended the funeral. ;"'. t, At 11 a, m. today Judge Oliver II. Allen called the court together. Solici tor, Charles Abernathy, .Jn a few ap propriate remarks, made a motion that court adjourn for-the" jday in memdry of Captain Galloway, and that the State fittff bn 'tbjv bf the- court h6ue be., placed, at Jhalfiiinast lr k,.Wjeek. Judge Rfhlrls6n, Goldsboro. second ed this motrb'il. 'and ''court adjourned for the dav. .' . v i v'--. v At'tv.o o'clock the funeral proces sion left the . house in - the following order: Masons of Radiance Lodge No. 132, of which - th deceased was a member, then the court officers and all members ef the bar present, then the county officers, followed by j all old. Confederate veterans. ; At the Episcopal church, of which Captain Galloway was a member, the sericeH were said by the .Rev. John H. Griffin, rector of the church ! at KInston. During the services In ; the Church Rock of . Ages and other beau tiful hymns were sung. After the church .service were completed ! at the grave , the Masonic, burial cere mony was, performed. . Capt.-Swlft Galloway was born in Smith fie 14 (now Southport) In Bruns wick county -2IH of June. 1840. rie is suniwd by two children. Mr.' e, C. Galloway and Mrs. Arthur Harrell, one' sister. and' three brothers. Dr. W. C. Galloway:! of - Edgecombe county; Mr. Dan Galloway, of Fairmont, Robe son county, and John Galloway, I of Southport. The pall-bearers were. iw. It ' WilllamsiJB.; W. Edwards. W. ; Ev Grlmsiey-rhamas Dixon. J. A. Albrit ton. L. V. Morrell, F. L. Carr, Dr. J. II. Harder. ... , 55 . CAUSES Qp OHIO DRY. Rcsidt of Six Slonths Work of tlio Olilo Anti-Saloon. League, j t Cleveland, Ohio, Dec. 6. Fifty five of Ohio's 88 counties are "dry." Seven are1 "wet." This Is the result of . six months' work oh the part of the Ohio Anti-Saloon League, since the Rose county option law went into efTect. Of the 55 counties five went dry under an old lawv As little pro gress was made under that law it was displayed by the new law which has bten Successful. Voting was held in more of : the twenty-four remain ing counties within the next four months. "In point of .population the! State Is nearly dry now and in point of area nearly., two'-thlrds. ; ' Most, of the dry counties do not contain large cities. So far abdut 1,300 saloons have been voted out about one-third ' of the number in the State berore the county option voting began. AXOTHER BROOM FACTORY. New Enterprise - for Elizabeth v Oty Soon to Begin Operations; i (Special to . News-, and Observer.) . Elizabeth City.: N C..-Dec. S. An other broom factory has been started her and, will begin active business in a. few davs.- Mr. Hersey Williams is the nrdmoter and the plant ;will be located In " the Odd Fellows building first floor to the rear.-1 The plant will employ; it is stated, three men at first and. from forty to fifty dozen brooms turned out a week. Mr. Williams has been ensased in similar work for quite- a- while ; and, wilfc nadonJt j make a- Baccess of tms newnierprise. ,5 4 President ami Mrs. Potest Entertain. .(Special to NewS and pbserver.) ::U'ATiS "Forest. NT C. Dec. 8. Dr, and Mrs. W. I Poteat entertained the Literary - Circle at , their - ; 'home t last night. - The" SOOth anniversary of th birth of Milton was celebrated. The principal feature ; of the evening was a paper op-Milton, by Dr. B F. Sledd. of the chair, of English in Wake For eat Coiieee.-:r There were readings of prose, and poetical- of appreciation iof th watIc iCf tne yireai. poeu meWtlnM..waS i -Pleasantly ' interspersed airs. n. vruiier una I I With-sol oSrf by. l hrMim irL sledd. 'llisa Maggie TUr Limitation of issuance of anyftBond i ilfii fi I It i oil i illl nli . i . y ! Amendment to Sherthan - And-Trnst Act Giving lVxling llllit to Rail- roads. May Bo Put !tlrmgh ati Extra - 4 i - ' 1 i ' : - ; Session (In. Addition tu Tariff ;Jtevl- . Hioir-Scrutiny Books of ,j Great ; Corpora tlont-(.,o-rdlntlon dt J pajrtmehts -Fluamial .Rcf ormIn ternal ImprovenieMts. ... , A Hot Springs, Va., staff correspond ent of the New York World says; Th World Is able to present here the principal legislative . programme of th Taft Administration. Tariff revision is the primary reason for the extra session that will be call ed immediately lafter March 4,j 190ft, but the iHxt lresldent sees no reason why, during tlia( extra session, ' . the Sherman Antl-Trnnt law should n lie m amended tliat railroads may inuke rate agret'inenLs under Uie strict super vision of the Interstate Commrce Commbwlon. , 1. - " An 'extra session of Congress differs from j it extra session of si State Leg islature In that Congress, in f such ses sion may .take action on such matters as it pleases, while a State 'Legislature is confined to the subjects 'mentioned In th4 message or messages from the Governor. It is not likely "that! more subjects; than the tariff, and art amend ment Uo the Sherman act will be named by Mr. Taft in calling i the extra session, though he " may decide later-jfi '-'mention all of the principal laws 1 that' h hopes to., see enacted. These are: : ' , . '--;'.N!.; 1. A law putting a limitation on-tlie Issuance of interstate bonds and storks. - .. ,. -. -.., ..;..;;. . 2.A law authorizing: railroads -to make' rate agreements, , which other wise would he in violation of the Anti- Trust law, subject to th approval , of tne interstate Commerce Commission. I Modification of Injunction. , -'-..-S. IA law defining particular cases In which temporary restraining ortlers may t issuer without notice. and pre scribing proceedings limiting: their op era t ion to the very shortest day. j.'- s. tsncn- amendments to the law or ganizing the Bureau of Corporations as shall require certain largt corporations dolngr an interstate ennutuwtfxe businer to submit to the- scrutiny and exami nation of agents of tlu Federal Gov ernment. . - - . ; -'r.--i V 5, A law reorganizing the Depart ment of Justice, the Interstate Com merce Commission and the Depart ment or .ummetre anor Labor in re spect to the jurisdiction exercised by them over Interstate corporations, both raiiroaas ami others. ... It: is Mr.;Tats idea that the three departments should work harmonloua ly and progressively; so that no one shall go over ground" ' covered ,.by.. anr otner, ana.so. tnawtnere shall not be conflict of . authority. Ultimately. cases handled by these 'departments must now go .to the courts, but it is Mr, Tiifts idea jthat a large number of cases' can be disposed of finally and equitably by the departments under the right sort of law. While he has not mapped, out such a law. definitely It can be said that the general idea is that 1 the Bureau of Corporations of the Department of Commerce i v aho Labor shalV, '-exercise an 'examining 'urisdictlon, the Le part men t of Jus tice Bhail act as prosecutor only and the Interstate Commerce Commission act as a' sort, of grand, jury", with quasi-judiciat powers Financial Reform. 6. - Reform - in t he uionetarv and banking systems of the countryj .. " mis is recognized as one of the great problems before the new Admin istration but it is not expected that it will , be taken up at the extra ses sion. " - " . - i ; ; '. --h.. . 7. Conservation of the natural re sources of the country, Including .the ippuiacnam dmi. ! . 1 The question of the constitutional power of the Federal Government In this matter is not yet clear. - Jt-can be said tht Mr. Taft is in sympathy wth the end to be accomplished, hut- that he will recommend no legislation until he is satisfied as to the exact length to which the Federal Government can go, v. . i - .;,-;iT , 8. Improvements of rivers and har bors,; . - -The new administration is commit ted to en energetic policy of improve mem, particularly or iniana water ways. The Ohio River nine-foot chan nel from Pittsburg td Cairo is to the front; at present.. It will cost 561,000, 000, and the next President favors the issuance of bonds to push the work. - j II. .li BETRAYS "STILL ON A. BET." Wife; of .lkj;cd Moonshiner iiecps Her Wonl t Officer Obtained From Her By.TrjcI Her Sense or Honor Sends Hus1niiil a Fugitive, Into the Mount lin-i f .id Ruiu His ltiide, , Ashelll?. N C. Dee. 8. Beguiled. AshevUle, N C, Dec. 8.r-Beguuea by a United States revenue raider into making a wager, Mrs4 Phoebe Chris topher, .wife of an alleged . "moon shiner,'; stood by her pledged j word, though by so doing she' caused the destruction of an Illicit ' whisk dis tillenv which had escaped revenue of ficers for many years, and caused the incrimination ot- her husband. i She had 'made the foolhardy bet pf rer veallng the . location of the still j If 1 the raider iould tell her whera.some ot its equipment waa-hidden, and, thouish she wept bitterly, she made good her agreement. Wh;ch resulted jn thej burn ing of the, still and the pursuit bf her husband.-; ?, r . , . Jt ; .'-. ; Friday night Deputy Cellectoh W1U Ham Roberts- and a posse.creptiitp to the Christopher housetin2 gemote coye- in the Great . Smoky' Mcnihtilns. They; searched by moonlight ."iat"' . -the nearby woods and : found ar eapn and worm, part of the tlirqurpment'ftid den under a pile of brush. plat the Aid t was of - little value inr.ftse"f , be cause no crime Was established (unless If rnnlH K nhnwn thaf thfi etfifDmcnf f was actually used. ) S.vT.Moody; chief of the Canton police, who .was one of the posse and was acquainted with Mrs. -Christopher, volunteered to try strategy. He knocked at the door snd aid h0 had gotten lost while " out hunting and wanted a drink, of .whisky. The woman told him she would be glad to give it to him. but t had,; none. She did not suspect him of connection with a -raid. The officer pretended not, to believe, her. ,and-. told her that heri fblki werei rnnninga itillh t She 4v" Broadway 3Gth and 37lh Su.,' Herald Square. New York 4.' 1 Rates lot Roomt JtO aad utnrardV- ti.00 and $H.00ndywrf, $14)0 rttwbtwo pttnomCt occupy salagls ;'; ' " ' ' wmxisfoB BoomjET. SWEENEY-TIERfiEY MM? 'mm DrtngaNew LlLm to. the Body mnd Build P TisEntlra Sytsg J -! ' 'jln.vMJTaWfe.CAS a .f K. FTS'OKRA A CO, Arvas or th U 90 BcelansnBuNsW lijet fleer, said he could find it,' at which the woman scoffed, . , - f j ; i t .The chief theh proposed that she should tell him where the still . was operated and if he could find any part of It.. The woman, satisfied, he was merely boasting 'agreed to the pro posal, and the. two shook hands on It. The officer, then showed her the hid den equipment. She declared at first she would not pay. her bet, because she.' was tricked, but wheft'the j officer- re minded her ha 'had taken, her. word,' she wept and. showed him the furnace and ..fermenters. which: rere. hidden far away; ' Mrs. Christopher said she knew her husband .tcould be incrimin ated, because the equipment, was found at his; house., and that ,hej had lost a business 1 which had been- in operation 1 8 years. 'But," said she. when a, man" or woman aayS they will . do) something, hey ought to do it-t.- dOTjit make, no difference whdt happens--flnd I know my old man will. Bay;I ought to don what I did. even if you .did fool me . The otflcer destroyed outhoutfit and then the1 .woman gavet thim si meal, even 1 though she , know: jtbey,! would hen seek her. husband; who had taken to the mountains ? - - i ; , NEW PRESIDINO'iXDER.' ' i i-... . .; ,::rs, . -, --. - ;.. j ;a List of Revi- J. C Rmves Apponf- ments la Salisbury District. ' (Special to Mows and Obseref.) Speneer,. N. C.; Dee. 1 8. Rev." Dr. J. C-iRowe, thcnewJy-appolnted Presiding-Elder of theSalisburyj District of he, ; Methodist church, , held the first Quarterly-Conference in the district at Spencer last night,. when the appoint Bents, for. lher.entJre.,distT4ct for 'Jhr Prst round were - made known. The appointments follow: v f -A V; ) ' West Concord; Kerr Street church. December 13: Epworth.'Dcember 13; vrest Hitl'!Detiember1 .5 ; jTAlbemar le circuit. Stony "Hill churchj j December 1 9 ,; AlbemarW ' stations December 2 0 ; West. Albemarle- Decembei-j 21: Salis bury circuit, Bethel church, Decem ber 26 ; Salisbury. First : cjhurch, I De cember 27; t South Main Street, Salis bury, December Xl Woodlief circuit, Woodlief.: December 30; Wnwood at rotton 1 Grove, January 2 ;j Lexington. January 3; Sale, Jlanuarj' 6; Big Lick, tanly county, January 7; TCottonvllle, at Cedar Grove, January Norwood, January 10 Bethel,, January 15 Con cord, circuit, at Mt. .CarmeL January IS; Mount Pleasant, January Cen tral. Concord, January 17; Kanapolis. at Bethpagc, January 9; ' China Grove, January 19; Jackson. Hill,; at Center, Davidson county. January 22; New London, at New London, Janu ary 24; Gold Hill, at Gold Hill, Janu ary 25. ; - -:vr;:; J. -.--:' K.r.V; $ The District Stewards? annual meet ing will be held in Sallsbuhr Decem ber, 16th and 17th, at which time it la expected that nearly'one hundred 'aymen from all parts of the .district will be present and -take -part Jn a two days' discussion" of the j f Laymen's Movement," which has made rapid progress in .tha. Conference! within the who attend - and the- meeting will 'aa past .year :-' It is learned that enter tainmentl willAbe-provided for those sume r the - prpppf tions.f laymen's conference and wijl he aome.thlng new new: in the .way of a District Stewards' meeting -A number of, visiting speak ers will be present-i "!. r . -f f 'f : - . . x, ; , mp 1 : WOMEN FIRE ON BCRGtAlV Climbs Tree , snd , Leaps! Into Mrs. link's Home She Fleand Is Joined in the Firing, by s Nelglibor ; Lady, But .the Intruder Escapes., ; Special te Ne'wV arid ' pbserver.) , . Salisbury, N. 'CI.'' Dec.. U. An un known burglar, ysraaiflrfid. upon by Mrs. J. Iv. Link as he climbed j a tree and leaped into-a, secdrtd'afory window of Mrs. . Link's " homW -In ths city last night, and attempted to rob the house. Two shots were fired at the robber as he fled ahdmadjr gbodj his escape. Hearing' the-ireporl if ttjft Link's re volver, Mrs. J.i M.jMjauifs.TJa; neighbor, rushed to the-scnerwH7pi8tel in hand and fired twice at the fleeing , burglar. The Mofaceraaret-. without a clue- as" to e gupfyS ffty "-ar f ; y ...ij: '' NOT ORIGINATE jlT. ... To the Editor:., From your editorial ln-TvAtriftr WAtier-it SeUma; that In my very hurried Interview I with your reporter x am not mane myse:r entire ly clear..; I., certainly did hotvintend to cialmthe credit s, tor-suggesting a "Health Weok?-foiour tra blic: ichools. The idea was brought 6ut in an inter view between Dr. . Stiles ; and . Mr. a. '1 1 1 m- I I ) V i r 1 ,iA mtvui riassi tk SrtfulIlSf dr-)cf that thrvthntKrht fills feeMvith finnrehmrffln " 1 there is no necessity- for, the reproduction oflite to be either; very, painful ordangerous. Tjie use of nothcr8 Friend prepares the system . for the coming , event, ; and it is passed ( without any danger, Tj1i3r u remedy is applied externally, TTTTv, T 1" - C 'X' nd.has carried thousands ot ( (; Ml !s' . .'V cornea 4hroufiUv;the. -crisis HVi IVrV li J Li U without littlff suffering! . ; - - ta all ariectat mothers WQid tt-- ' I isr-jpi hi -j. . - - - . : i T i'- :' ' Most Centrally Located Hotel on roadway. - Only ten minutes walk to 25 leading theatres --Cotnpletely renovtted and transformed in every ; Jepariraent, Up-to-date in al re-,-ipects. . Telephone in .each room. ; : :4; ,. Four Sautif il Dining Rooms with Capacity of 1200. : The Ftmte&:mH 'SW- German Restaurant Broadway! chief attraction for Spe cial; Food Ditties and Popular Music. Eanvsaa flu. 4M Boatsa. ' 2S9 Baiaa. xtprud wb tstK. ' Parlor. tMaasa sai Bath HOTEL COMPANY NOTICE OF SALE. : In nursuancft Of the rwtwer ' onfer. 1 red upon, uaiin -an order of th- Su- ; Parlor cburt of. Warren county, made in a civil action entitled Mrs. Mary J. Pritchard; fot -herself and as admin istratrix of George - S. Pritchard. de-; . eeasedt v and : v others, vs. iPanaeea I Springs Company, the " undersigned appointed commissioners for tit&t pur pose, , w lit, at ; Littleton. North Caro lina, ,on Monday, the first day? of Feb ruary, i 199, - at -18 o'clock, noon, sell at public auction, to the highest bidder all the following described ; tract or parcel of land, situate, .in Judkins township; Warren csunty. and-bounded and described, as . follows, to-wit; . Be ginning ai .a. stone near. a large ' rock pile Fast ot ther road, leading, from the Warren rood to the: Springs theijc? North seveniy-one degrees West one : hundred .and ( thirty-three poles to a ' pine corner; ?our pine pointers: thence nonn xei aegrees .ai( ene nunarea and - fifty. links .to a; stone eorner in J.; -Pi s Johnson's line; ; dog-wood land two persimmon pointers;' thence Souths eighty-five , degrees East' sixty i-nve poles tcra'stdie corner, near a white oa anq post-oac; r pointers; v thence South eleven- degrees ,Bast two bun dred Jand two poles fourteen links , to the beginning: containing ; sne hun dred acres' of land, more or less; vpon ' which'-land is sltuate'J-the "JPanacea Springs, about three miles from : the . town of Littleton. " - , - ' . : . . - .' ' At- the sam: time 'and i place,"" the said commissioners will make sale of -' all the .other . properties, corporate rights, franchises, . entity, ' privileges and perquisites of every sort - hereto- V fore-.owned by and belonging to the Panacea Sprlhgs Company, whereso ever ithe game may be located. - '; t 1 The priorities and rights of preced ence; of creditors in the distribution ot.the. fund, derived from, said sale arft '? fTrerfr-i! .the furtharr-adlurUation ' K 'At? said "sale. -and" Irr puTsaahce 'or T the jorder appointing; them commii- v inn era thA imlAnlnAl -n.nt . -...i. v V the last and. highest bidder, ? pending; ; th confirmation of ; said sale, r t& de posit wth them' ten ,per. cent of the last,, amount bid. ' as , a "guaranty of ; ebod faith on the, ' part of said last v' bidder.: which deposit, in case of "con-r flrmation of. said sale and compliance withs the terms thereof, will be ! ap- plied; as a credit upon - the purchase price bid but In case of an order of " re-sale, either from Insufficient price 1 bid or.frpm upset bid, the said deposit will be returned to said ' bidder In case f of non-compliance with the terms of sale, by said bIdder.Hhe ten per tent , deposit will b forfeited ' to said' commiaMoners fbr the- iae " and credit of said Panacea Springs-Company. : ' .' - ; ' The terms of said sale under said order, are one-fourth of the purchase? price! In cash -. and the' balance in twelve months from data of sale, de ferred payment v to be evidenced by -notei bearing, interest at -sir 'per cent per "annum from date of sale. ; and '-' titles to . the property, to be retained, vnrll the purchase price is ; paid .In " full. -"! - '-. :.-.:: '-;,:, ?.. "T'his-V sale presents ; an -exceptional opportunity- for : a profitable! investment- - The medicinal properties of ' the waters' ar- already fully estab- llshed, and the buildings upon the tand are new and commodious.- The hoter ' building contains ' nearly a hundred rooms. 'and 'is well furnished throttsrhont, -'.The furniture .1 In said J roms will be offered for sale alon? with;; the other properties and effects. 4 Further Information, if desired, can bhad by addressing- the undersigned; either at Littleton, N. C or Rocky Mount. N. C v-. i : -, ; .- j. s December 8th.laR'-v;f;;'i .' . ! '-, ,, S. G. DANTFL. J ; -.; ' ":-: . ' f. s. ,spt?xttll, j ;:.,-f-y. ' - ' ' 7'- ' f Commissioners, r . .1S-9-1 aw to feb. l-'j . . ...i. ;r Joyner. hut with whomf it originated v 1, do not know.. But tfd matter where t it came fram it was warmly, welcoiri ed by our able and progressive Super-1-fntendent of Public Instruction and . most cordially' endorsed by . me'' In a "' cohteraattoni we. had , sn the general -subject. It is a splendid Idea and at the proper time ; MrM Joyner will no ? doubt publish-it in detail. - i ; It is not finally ' settled that Dr Stiles is to come to North Carolina; We. havf asked for him and have felt encouraged... but his coming depends upon certain contingencies not yet. de termined. A sanitary: campahjn-. by him would mean-much for the good of our people. "5 .' , :-- I - RICHARD H. LEWIS, ,1- u., secretary ataie uoara - or neaun. -i No jwomaa can? be iirfooy V ' without X children:' it is- her ' nature to lov.e therhj as much - j so as it is me Deautitul and v i Qj pure. Tfie 'ordeal through i 't '-'-Z'". V' -wi "i i II I 1 I I I v.- X ' ' i i i -1 i si r-;x au. r- r s y W H ' fit laughed :anu, as : it. .traasuns-' ' tha or I' . ' Vs ' - ;r-9 cnO rJ UoD s -, -. t-rr;-ri.ti(4 ri .,1 , ( J 1 herJaccdmoanied 'at .the piano,-. y ..iTr u-ri ,".-'. ' n, lj;, """ ' r , , M " o .
The News & Observer (Raleigh, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Dec. 9, 1908, edition 1
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