Bfje Chatham ftecorb. H. A, LONDON, Editor tad Proprietor, Urms of subscription, $1.50 Per Year. Strictly in Advance ILL ARE- HOI BIDDERS American Contractors to Get Panama Canal Job MANY CHANGES IN CONTRACTS Many Changes Agreed to in Form cf Contract for Construction. But Most Important is Announcement by Chairman Shonts That Only Proposals by American Firms Wil Be Received. ashington, Special. Foreign con tractors are to ze barred from compe tition for the' completion of the Pau auia Cana'. ' Chairman Shouts, of the Isthmian Canal commission, made this announcement. Many changes have been agreed to in the form of contract to be entered into for the construction of the canal, but the most important is the limiting of proposals to American firms. The right will be reserved by the commis sion to reject all the bids submitted; in case none of them is satisfactory and the commission will then either throw the competition open to for eign bidders or proceed with the work without contract. January 12 is the date set for the opening of proposals. - A substantial reduction in the bond of the successful bidders was also ma Je by the commission, in compli ance with the request of prospective bidders. The bond will be only $2, 000,000 and the total liability of the contractor is to be limited to the loss of percentage and premiums other wise payable to the contractor and $3,000,000 in addition. Chairman Shouts indicated other changes as follows : "To relieve the contractor from re sponsibility for thef"iise of defective materials, or for the", preparation for use 01 the same, provided 'lie has re quested the chief engineer in writing for the definite approval of the ma terials, or the preparation for use thereof, and the ch'rei engineer after a reasonable time fails to act upon .such request. - "To provide for a later eharige in the estimated cost and time of con structure, as originally agreed to by the engineering committee, in case the plans and specifications for the con struction of the canal shall be ma terially altered in any respect; or it it shall be made to appear to the President of the United States that the estimates are based on physical data so erroneous as to affect the es timated cost and time of construction or that the estimates have become substantially inequitable by reason of the intervention of an act of God or a public enemy; or for any other ma terial cause which shall not hava been taken into account by the en gineering committee in making their estimates, and for which, the. contrac tor is no responsible. "It was also provided that in case minate the contract, when the .con tractor is not in default, the. contrac tor shall be paid the cost of the work performed by him to date, and $250,000 in addition to such percent age as may have been earned by him upon such cost up to that time. ' ' The responsibility of the contract or to the commissioner for all in juries or damages inflicted upon the plant, canal, or its auxiliary works, is limited to negligence of himself, or any of his employes,, or subcon tractors, or the employes of such sub contractors." Cruiser Montana Launched. Newport News, Va., Special. The United States armored cruiser Mon tana was sucessfully launched at Newport News ship yard in the pres ence of a large number of people. The vessel was christened by Miss Minnie Conrad, daughter of W. G. Conrad, of Montana. Governor Toole, represented by Martin Maginnis, the former" territorial delegate to Con gress, j. Thef navy was not . officially, represented. Two Killed and Two Injured.. Donaldsville, La.,. Special. Four persons were killed, and two serious ly injured in a head on collision be tween a passenger and a freight train at a long curve near here on the Tex as & Pacific Railroad. All the fatali ties were- among members of the train crews, no passengers being seri ously hurt. Green and Gaynor Appeal. Macon, Ga., Special. The appeal for a. new trial in the Greene and Gaynor case, now' .before the United States Circuit Court of Appeals, will be heard at New. Orleans, on January 5, 1907. They have been in jail here for several months pending appeal for a new trial. . Gaynor suffers accute pains from asthma and locomotor ataxia, and under advice of physic ians is permitted to take rides into the country where fresh air and ex ercise seem to give, him relief. Both t men are kept closely guarded within prison limits and not allowed liberties ;s J outkide of prison rules, VOL. XXIX. PITTSROrcn REVIEW OF WORK OF CONGRESS What Our National Lawmakers Are Doing From Day to Day Salaries Increased. By a vote of 106 to 188 the House ttf Representatives refused to increase from $5,000 to $7,500 the salaries of Senators, members and delegates. The House, however, by an over whelming vote, increased the salaries f the Vice President, the Speaker "of the House and members of thp Pres ident's cabinet to $12,000 each. in an anticipation of the question )f increasing: salaries comina- beforo the House there Was an exceedingly iarge membership and the debate 'on the several amendments for increase. tvhich were offered by Mr. Littauer. of New York, to the legislative ap propriation bill, was followed 'with marked interest. After disDosino- of she salary question, the House passed the legislative, executive and judicial appropriation bill. Mr. Littauer, of New York, opened me uiseussion Dy presenting an intendment raising the salaries of the VTice President and the Sneaker of th House to $12,000 per annum. He ipoke of the dignity of the position of Speaker of the House and said that everybody recognized that the duties ire arduous and that the pay is un equal. Mr. Underwood, of Alabama, op posed any further increase of salaries along the line of legislative and exee ative offices. He believed the salaries of the minor clerks of the govern ment should be increased on account of the increased cost of .living. ' After several speeches the amend ment was adopted by a vote of .214 to 151, the opposition failing to se cure ' votes enough to cali-the- ayes and noes. ' - i . Having won a most substantial vic tory Mr. Littauer introduced another amendment as follows: "On and after March 4, 1907 the compensation of heads of executivi departments, who are members of the President's cabinet shall be at the rate of $12,000 per annum each." Mr. Littauer held up a large pic ture of a president of a baseball asso ciation, whose salary had been in creased from . $10,000 to $15,000 a year, and contrasted that with the - salaries of the cabinet. The amend ment was adopted 204 to 60. Mr. Littauer who retires to private life with the close of the present Con gress, offered a provision raising the salaries of Senators and members of Congress, .delegates and the resident commissioner from Porto Rico to $7, 500 and on agreement the time for the increase to begin was fixed on March 4, 1909. ' Salaries May Be Increased. The House reached an agreement under which it looks as if there would be a vote on the much mooted ques tion of an increase in the salaries of members of Congress, cabinet officers, etc. Mr. Littauer sought to have the question taken up but Mr. Underwood objected at this stage of the proceed ing. He said, however, that be would agree to consideration at the conclu tion of the reading of -the bill and when it shall be reported to the House from the committee of the whole. During the morning hour in the House several resolutions were pass ed, one aiming at the lumber trust and calling upon the Secretary of Commerce and Labor to investigate the high prices now prevailing in lumber, and another calling upon tht Secretary of the Interior for a de tailed description of tha coal lands withdrawn from public entry since July 1, 1906. The House agreed to vote on the resolution increasing the salaries at Senators and Representatives to $7, 590 and making other increases in official salaries, when the legislative bill is reported to the House from the committee of the whole. The resolution also fixes the sala ries of the Vice President and Speak er at $15,000, and of cabinet officers at $12,000. Senator Dubois on Mr. Smodt. The Senate listened to the second speech which has been made this ses sion against the continuance of Reed Smoot as a Senator from Utah. It was delivered by Senator DuBois, of Idaho, who after reviewing in detail the working of the Mormon Church, and Mr. Smoot 's prominent corinec ttion therewith, concluded with the charge .-.that President Roosevlet has used the'.-weight of his administration to assist the Republican-Mormon vote in the last election. Rayner Talks. Much interest was manifested in the Senate in the position taken by Senator Raj-ner in his discussion of the Japanese, question. He contended that the inherent rights of a State could not be violated by treaty any more than they could oe volated by Congress. To support this he cited many ' adjudicated cases before the Supreme Court and arrayed long lines of eminent authorities. Mr. Rayner also gave the cases and fBe autori ties of the other side to the proposi tion. Smoot Should Get Out. At the conclusion of the morning business in the Senate Senator Bur rows, chairman- of the Senate, com mittee on privileges and elections, called up the resolution from that committee declaring that Hon. Reed Smoot is not entitled to a seat as a Senator of the United States from the State of Utah and addressed the Senate on that subject, , E SENT IN The President Transmits His , - .. Views on Porto Rico THINKS FUTURE IS PROMISING Teachers, Both American and Native, ; Endeavor to Train - -Students in Mind and in Citizenship Insular Police and Porto Rican Regiment Should be PerpetuatedFull Am erican Citizenship Should be Con ferred Upon Natives Marked Progress Made Under Present Gov ernor Toward Self -Government Elections .This Year Were Abso- lutely. Orderly and Unaccompanied , by Any Disturbance. Washington, Special. The Presi dent 's message to Congress giving the result of his recent observations in Porto Rico .and making recommenda tions concerning the government of that island was delivered to the Sen ate. It was. read at length and re ceived careful attention. The mes sage was as follows: The President's Message. To the Senate and House of Repres entatives : On November 21 I visited the is land of Porto' Rico, landing at Ponce, crossing by the old Spanish road by Cayey to San Juan, and returning next morning over the new American road fro Arecibo to Ponce; the scenery was wonderfully beautiful, especially among the mountains of the interior, which constitute a ver itable tropic Switzerland. I could not embark at San Juan because the har bor has not been dnjged out and can not receive an American battle ship. I do not think this fact credit able to us as a nation, and I earn estly hope that immediate provision will be made for dredging San Juan harbor. I doubt whether our people as a whole realize the beauty and fertility of Porto Rico, and the progress that has been made under its admirable government. We have just cause for pride in the character of our rep resentatives who have administered the tropic islands which came under our flag as a result of the war with Spain; and of no one of them is this more true than of Porto Rico. It would be impossible to wish a more faithful, a more efficient and a mori lisinterested public service than that aow being rendered in the island of Porto Rico by those in control of the insular government. I stopped at a dozen towns all told, and one of the notable features in overy town was the gathering of the school children. The work that has been done in Porto Rieo for education has been noteworthy. The main em phasis, as is eminently wise- and proper, has been put upon primary sducation; but in addition to this there is a normal school, an agri cultural school, three industrial and three high schools. Every effort is being made to secure not only" the benefits of elementatry education to all the Porto Ricans of the next generation, but also as far asmeaus will permit to train them so that tho industrial, agricultural and commer sial opportunities of the island can be utilized to the best possible ad vantage. It was evident at a glance that the teachers, both Americans and native Porto Ricans, were de voted to their work, took the great est pride in it, and were endeavoring to train their pupils, not only in mind, but in what counts for far more than mind in eitizenship, that is in character. Troops in the Island. . I was very much struck by the ex cellent character both of the insular police and of the Porto Rican regi ment. They are both of them bodies that reflect credit upon the American administration of the island. The in sular police are under the local Porto Rican government. The Porto Rican regiment of troops must be appro priated for by Congress. I earn estly hope that this body will be kept permanent. There should certainly be troops in the island, and it is wise that these troops should be them selves native Porto Ricans. It woull be from every standpoint a mistake not to perpetuate this regiment. In traversing the island even tha most cursory survey leaves the be holder struck with the evident rapid growth in the culture both of the sugar cane and vtobacco. The fruit industry is also growing. Last year was the most prosperous year that the island has ever known before or since the American occupation. The total exports and imports of the island was $45,000,000 as aginst $18, 000,000 in 1901. This is the largest in the island's history. Prior to the American occupation the greatest trade for any one year was that of 1896, when it reached nearly $23, 000,000. Last year, therefore, there was double the trade that there was in the most prosperous year under the Spanish regime. .There were 210,273 tons of sugar exported last year, of the value of $14,156,319; $3,- 555,163 of tobacco, and 28,290,322 pounds of coffee of the value of $3,- 4S1.102. Unfortunately, what used to j be Porto Rko'.s prime, crop coffee- 'has not shared tbb prosperity. It SPECIAL mm (iff Ay u has never recovered from the dis aster of the hurricane, and moreover, the benefit of throwing open our market to it has not compensated for the loss inflicted by the closing of th? markets to it abroad. I call your at tention to the accompanying - memo rial on this subject of the board of trade of San Juan, and I earnestly hope that some measure will be taken for the benefit of the excellent and high grade Porto Rican offee. In addition to delegations from the board of trade and chamber of com merce of San Juan, I also received delegations from the . Porto . Rican Federation . of Labor,' and from the Coffee Growers' Association. ' r, Question of Citizenship. There is a matter to which I wish to call your special attention, and that is the desirability of conferring full 'American citizenship upon "ths people of Porto Rico. I most earn eastly hope that this will be done. I can not see how any harm can pos sibly result from it, and it seems to me a matter of right and justice , to the people of Porto Rico. They are loyal, they are glad to be under our nag, they are making rapid progress along the path of orderly liberty. Surely we should show our apprecia tion of them, our pride in what "they have done, and our pleasure in ex tending recognition for what has thus been done, by granting them full American citizenship. Under the wise administration of the present progress has been made in the difficult matter of granting to tha people of the island the largest meas ure of self-government that can with safety be given at the present time. It would have been a very serioui mistakes to have gone any facter than we have already gone in this. direc tion. The Porto Ricans have com plete and absolute , autonomy in all their municipal governments, the on ly power over them possessed by the insular government being" that, of , re moving corrupt or incompetent mu nicipal officials. . This power has never been exercised save on the clearest proof of corruption or in competence such as to jeopardiza the interests of the people of the. is land; and under such circumstances it has been fearlessly used to the immense benefit of the people. It is not a power with whih it would be safe, for the sake of the island itself, to dispense at present. The lower House is absolutely elective, while the upper House is appointive. This scheme is working well; no injustice of any kind results from it, and great benefit to the island, and it should certainly not be changed at this time. The machinery of the elections is administered entirely by the Porto Rican people themselves, the Governor and council keeping on ly such supervision as is necessary in order to insure an orderly elec tion. Any protest as to electoral frauds is settled in the conrts. Here again it would not be safe to make any change in the present system. The elections this year were absolute ly orderly, unaccompanied 4 by any disturbance; and no protest has been made against the management of tho elections, although three contests are threatened, where the majorities were very small and error was claim ed; the contests, of course, to be set tled in the courts. In short,, the Governor and council are co-operating with alf of the most enlightened and most patriotic of the people of Porto Rico in educating the citizens of this island in the principles of or derly liberty. They are providing a government based upon each citizen's self-respect, and the mutual respect of all citizens; that is, based upon rigid observance of the principles of justice and honesty. It has not been easy to instil into the minds of peo ple unaccustomed to the exercise of freedom, the two basic principles of our American system ; the principle that the majority must rule, and the principle that the minority has rights which must not be disregarded or trampled upon. Yet real progress has been made in having? these prin ciples accepted as elementary, as the foundations of successful self-government. " I transmit herewith the report of the Governor of Porto Rico, sentto the President through the Secretary of State. . All the insular governments should be placed in one bureau,r t ither in the Department of ..War or the, De partment of State. -It "is amistaks not so to arrange our " handling of these islands at Washington as to be able to take advantage of the ex perience gained in one, when dealing with the problems that from time to time arise in another. In conclusion let me express my admiration for the work done by the Congress when it enacted - the law under which the island is now being administered. After seeing, the is land personally, and after five years' experience in connection with its ad ministration, it is but fair, to those who devised this law to say that it would be well-nigh impossible to have devised any other which in the actual Avorking would J-ave accom plished better results. THEODORE ROOSEVELT. The White House, December 11, 1906. It has davned upon a" Boston pa per that whistling has gone or is going out of fashion, and it laments the fact. Most people will bo.-disposed to rejoice. The whistler is perhaps not wholly to be condemned. He is all right when he practises his ert in the middl of a forty acre lat. lot. :" " -7 - . ." .' T ' END OFTHEN.C CONFERENCE Where the Methodist Pastors of the 1 Eastern Conference , Will Be Stai- tioned Next Year. Rocky Mount, Special. The North Carolina" Annual Conference of the Methodist Episcopal Church, South, Bishop A. W. Wilson, presiding, clos ed, one of the best and most harmon ious sessions in its history here on Monday, night. The next session will be held in Newberne. , The reading of the appointments, was as follows: Raleigh District. , ' j..R B. Johns, Presiding Elder. ! : Raleigh fjdenton Street, R. F. Bum pas, J. O. Guthriej supernumerary. Raleigh', Central; L. B. Jones. : Brooklyn and Apex Circuit,. G. W. Starling ?Y ' ' ! - ' - . - Epworth) to 'be supplied. , ; , , Cary, J. D. Pegram. , . ' Clayton, G; B. Starling. , . Smithfield, J.- H.' Shore. Selma, IV A. "Bishop. , Kenly, AnL. Ormond.. Wakefield, A., B. Wilcox. Millbrook, G.. T. Simmons. . ; Youngsville, D.. B. Parker. ' Franklinton,' N. E. Coltrain. ' Louisburg, L. S. Massey. Tar River, II. G. Stamey. - -Granville, C. W. Robinson. f Oxford, F. M. Shamburgerl s?- Oxford Circuit, W. H. Puckett. Raleigh : Christian Advocate, T, ;N. Ivey, editor. - ,C ,, Methodist Orphanage, J. N. . Cole, superintendent. Missionary Evangelist, L, L..Nash. t Durham District. J. B, Hurley, .Presiding Elder, i. Durham, Trinity, G. T. Adams. , Main street,-' T A." "Smoot. '' Carr Church' J A' Dailey. ' Bransyn J4 W , Authrey. ; "'' Mangum Street, E. M. Hoyle. ' West Durham, J. H. McCracken. -Durham' Circuity G. W. Fisher. Chapel Hill, W. Royall. . Hillsboro, M. M. McFarland. Mount Tirzah, J. B. Thompson. Leasbuig, N. C. Yearby. . Roxboro, J. A. Hornadav. Milton, M. D. Giles. Yanceyville, ,G.. R. Rood. Pelham and Shady Grove, W. D. Sasser. Burlington, E. M. Snipes. Burlington Circuit, S. F. Nicks. East Burlington, Graham and Haw River, W. F. Sanford. Alamance, C. M. Lance. Trinity College, J. C. Kilgo, presi dent. Trinity College, E. A. Yates, Lec tureship. Trinity Park High School, II. M. North, headmaster. Faystteville District. J. T. Gibbes, Presiding Elder. Hay Street, G. F. Smith. Fayette ville Circuit, W. A. Royall. Hope Milis, J. A. Sutton. Cokesburg, N. M. McDonald. Roseboro, M. D. Hussey. Bladen, E. R. Craven. Buckborn , J. H. Buffalo, Dunn, J. A, Lee. . Duke, J. M. Daniel. Newton Grove, N.- H. Guyton. Pittsboroy C. P. Jerome. Haw River, E. E. Rose. Goldston, C. 0. Durant. Carthage, H. M. Eure. Elise, J. W. Hoyle. Sanford,, R. W. Bailey. Jonesboro, L. H. Joyner. Lillington, to be supplied by L. B. Pattishall. - Siler City, E. R. Welch. Rockingham District. ' W. H. Moore, Presiding Elder. Rockingham, J. E. Underwood. Roberdell, A. J. Groves. Richmond, N. L. Seabolt. " Mount Gilead, S.'T. Moyle. . Pekin, W. A. Jenkins. . Troy, J. W. Bradley. Montgomery, to be supplied by N. S. Webb. - - . ... . Aberdeen, D. H. Caviness. , . ;4 Hamlet, T. A. Sikes. St. Johns, and Gibson, F,;B, Mc Call, - . . . Laurinburg, R. A. Willis. Maxton and Caledonia, . E. Me- Whorter. Red Springs, R. H., Broom. Rowland, R. M. Ashby. Lumberton, P. L. Kirton. Elizabeth, K J. Poe. . 'Robeson, T J. Dailey, R. W. Town send and WH. Townsend, supernu meraries. - " " Carolina Institute, S. D. Mercer, agent. Wilmington District. W. L. Cunningham, Presiding El der. Wilmington! Grace, N. M. Watson. Fifth Street, K. D. Holmes. Bladen Street, A. J. Parker. Market Street, W. L. Rexford. Scott's Mills, J. TStanford. New River,-J. C. Whedbee. Onslow, D. C. Geddie. Jacksonville and Eichlands, W. H. L, MeLaurin. Kenansville, F. E. Dixon. -Burgaw, C. T. Rogers. Magnolia, W. E. Brown. Clinton, A. S. Barnes. Wh:teville and Chadburn, Y. E. Wright.- Columbus, C. W. Smith. Carver's Creek, J. . M. Marlow. Waceamaw, L. E. Sawyer. -- Shallotte, D. A. Watkins. Town Creek, A. D. Betts. Soixthport, G. D. Langston. Student Vanderbilt University, J. M. Culbreth. ' Newberne District. M- Bradshaw, Presiding Elder. New Bern, Centeuarj, R. C. Bea man. - : - 1 GcldBboro, St. Paul, E. II, Davis, NO, 19. St. John, W. P. 'Constable. Goldsboro Circuit, J. M. Carraway. Mount Olive and Faison, J. J. Bar ker. .Mount Olive Circuit, P. Greening. LaGrange,'H. E. Tripp. Hookerton, R. F. Taylor. Snow Hill, J. M. Benson. -. Kinston, J. D. Bundy. Dover, W. F. Galloway.. Grifton, W. Y. Elverton. Craven, to be supplied by W. B. Beeton. . " Jones, J. M. Wright. Palmetto,. Di A. Futrell. ' Oriental, W, T. Usry. Carteret, W. A. Piland, Moorehead City, J. W. Piland. Beaufort, J. H. Frizelle. 1 Atlantic, to be supplied by R S. Beekton: . , Straits, M.W. Dargan. :., Ocracoke and Portsmouth, to b supplied by 15. F. Watson. Washington District. A. McCullen, Presiding Elder. Washington, 'A. P. Tyer. V Bath, J. M, Lowder. Aurora, J. H. M. Giles. Swan Quarter, E. C. Sell. Mattamuskeitt; R. R. Grant. Fairfield, J. L. Humble. Greenville, M." T. Plylej Grimesland and Yanceboro, B. . Stanfleld. Fapnville, W. A. Forbes. Parkersonville, to be supplied by T. H. Bain,. . . Beaufort, J. H. Martin. Tarboro, R. H. Willis. Rocky Mount, First Church, D. H. Tuttle. . North and South Rocky Mount, B. H. Black. . Nashville, W. H.. Kirton. . Spring Hope, W. O. Davis. Stanhope, J. A. . Sharpe. . Elm City, C. C. Brothers. - ' Wilson, F. D. Swindell. Stantonsbure-, R.' E. Hunt. Freemont, C. R. Taylor. Warrenton District. W. S. Rone, Presiding Elder. Warrenton, W. W. Rose. Warren, B. C. Alfred. Ridgeway, L. M. Chaffin. Henderson, R. C. Craven. North and South Henderson, J. J. Porter. , Littleton, G. B. Perry. Weldon, II. A. Humble. Roanoke Rapids and Rosemary, J. T. Draper. . Roanoke, G. B. Webster. Enfield and Halifax, H. B. Ander son. Battleboro and Whitaker, J. P. Pate. Scotland Neck, J. E. Holden. Hobgood, R. D. Daniel. Williamston and Hamilton, C. L Read. . Garysburg, J. P. Johnson. Northhampton, J. C. Humble. Rich Square, B. C. Thompson. Conway, W. F. Craven. Murfreesboro and Winton, P. D. Woodall. Harrellsville, C. A. Jones. Bertie, W. C. Merritt. Littleton Female College, J. M. Rhodes, president. Elizabeth City District, J. H. Hall, Presiding Elder. . Elizabeth City, First Church, L. E. , Thompson. City Road, S. A. Cotton. Pasquotank, W. F. Jones. Camden, D. L. Earnhardt. Moyock, B. B. Holden. Currituck, H. M. Jackson. North Gates, E. N. Harrison. Gates, Rufus Bradley. Perquimans, R. L. Davis. Hertford, N. H. D. Wilson. Edenton,' L P. Howard. Chowan, William Lowe. Plymouth, L. T. Singleton. Roper, J. Y. Old. Pantego and Belhaven, W. E. Ho cott. : :' ' Columbia, A. W. Price. Dare, B. P. Robinson. - Roanoke Island, W. H. Brown. Kitty Hawk, to be supplied by S. J. Kilpatrick. s - Kinakeet, to-be supplied by E. W. Reed. . Hatteras, R. A. Bruton. Missionary to Cuba, R. E. Porter. Director Correspondence School, J. L. Cunninggim. . Principal Wanchese High School, R. R. Taylor. Missionary Secretary, R. H. Willis. Transferred Z. Paris and M. D. Hix to Western North Carolina Con ference. Enrique C. Creel Mexican Ambassa dor to United States. City of Mexico, Special. It has been officially announced, by the Mex ican government that Enrique C. Creel, Governor of the State of Chi huahua has been appointed Mexican ambassador to the United States. Seuoi--Creel is of American descent and is one of the wealthiest and most progressive men of the republic. Charged With Assassination of Father-in Law. Columbus, Ga;, Special. Charles Hardy was arrestetL near Chilpley, this State, on the charge of having assassinatesi his faher-ia-law, Char les H; Broods, several days ago. Har dy disappeared after a coroner's jury fixed the crime upon him. Brooks was, a well-to-do farmer, a possevas formed and pursued and captured him. She Clmtyam Record RATES OF ADVERTISING, On square, one Insertloa 1.00 One square, two insertions 1.59 One square, one month 8.M For Larger Advertise ments Liberal Con tracts will be made. I Bankers' Scheme ofCurrency Reform Not Sufficient SECRETARY SHAW GIVES IDEAS Sec. Shaw Appears Before House Committee on Banking and Curren cy in Advocacy High Tax Credit Currency Suggested Five Per Cent, as Desirable Rate.. . Washington, Special. - Secretary Shaw appeared before the House com mittee on' banking and currency in advocacy of a high taxed credit cur rency, suggesting 5 per cent, as a de sirable rate. He emphasized the need for greater elasticity in currency, ut expressed the opinion that the plan framed by the' American Bankers' As sociation will not bring out sufficient to be very useful. Granting that tho bankers' plan results in the issuance of $200,000,000 additional in national b.ank notes, Mr. Shaw said that in his opinion not more than $20,000,000 worth of these will be redeemed. Mr. Shaw thought the bankers' plan wholly inadequate to meet the requirements of the commercial world and said it was encumbered with too much machinery for the limited good results he feels it is capable of ac complishing. He would not want to be regarded as an opponent of the measure suggested by the bankers be cause Lj, felf that any step toward relieving the demand for greater elas ticity at certain seasons of the year was. desirable, but urged that the committee strive to frame a more ef fective measure. It was urged by the Secretary that an effort should be made to make all our currency elastic, rather than to impart elasticity to a certain amount of emergency currency. Un der the bankers' plan, he said, only the cxedit currency which goes into redemption. There would be no rea son why private banks should seek a redemption of national bank notes and consequently they would make no effort to do so. In the bankers' plan national banks are to be permitted to issue $25,000 additional notes Jor every $100,000 of their capital at an interest rate of 2 1-3 per cent. and. an additional $12, 500 with interest at the rate of 5 per cent. Episcopalians Withdraw. Norfolk, Va., Special. It develop ed that the Episcopalians, as a de nomination, have withdrawn from the nrrmnsed mter-denomination evan gelistic campaism to be conducted during the Jamestown Exposition period. A meeting of the Virginia State Baptist, Presbyterian and Meth odist committees has been called for December 18, when the local commit tees of these denominations will dis cuss with the State representatives the situation as prescribed by the withdrawal of the Episcopalians. It is stated for the .Episcopalians tnai their withdrawal was because of no disinclination to co-operate, but be cause of the rather unsettled condi tions in 'two of the leading: Episco- nal churches here, and further be cause it was not regarded that there was as great need for the evangelistic campaign as some thought. For Ship Subsidy Measure. Washinsrtan. Special. That Presi dent Roosevelt will send to Congress a snecial m'essasre advocating the pas sage as a ship subsidy measure at the present session, was stated by several members of the House. It was said that the President had declared that the recommendation in his annual mess.qo'p was misunderstood. In that message he' said if it was found inex pedient to pass the Senate bill, a measure should be passed to provide for a few lines to South American ports. He did not mean to minimize the improtance of other features of the bill, it is said, and now" purposes to correct any false impression that may have been gained by the House. Twelve Business Houses Burned and Their Contents Destroyed. Sharon, Ga., Special. Sharon was Friday morning visited by a disaster- ous fire. Twelve business houses and contents were totally consumed. There was a loss of $50,000, with insurance of $10,000. The fire started in tho drug store of Dr. L. R. Brown. The flames spread rapidly, making a clean sweep of everything except two brick stores, the bank and the Georgia Rail road depot. Contract Has Been Awarded. Norfolk, Va., Special The contract for the building to be erected at tho Jamestown Exposition by the Daugh ters of 'the Confederacy all over mc country, has been awarded. The building will cost $5,000 and will be a reproduction of "Beauvoir," the home of Jefferson Davis, President of the Confederacy, at Gulfport, Miss, Ill I I I Oil

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