Newspapers / The Chatham Record (Pittsboro, … / April 8, 1908, edition 1 / Page 1
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I - I TinnN Mw I rl IT CliK) 3be Cbatbam Record A L!!S if :,: 1; M K iryr ' iitf X 1 rates F advertising: i :rrOR AliD P 7 " P : 7 I I 1 TV -r One Square, ooo Insertion $i.o - - NjV- A. . VVf L;- 'I I 1 l 1 rV .1 AY . T : One Square, two Insertions.... i.s cuncrR iPTIONr " 1 ' ' 31' VVyw' 1 j VVVV 04V f V yAV A v Aw y l V AS nn..r. AMmAnf. J, Per Year Lj ! y ' U; : 1 ' -:: --Q - :;.-' V; - " For LarTAdvertise. rfT,,Y m advance voLHxxlf "'11 ttt 1 it mumr n r TTiiir ri rr i , , ?,?LeLal Conlrs?ts y4i . - - mm m mvw a a wai w A items Gathered From All Sections of the State jVC. " LrfS and Contractors Becoming Wed in Statesville Air Line. LviOe. Sp-oial- - Capitalists r" , . .. f ova hflrtATYiinrv "Ti ;-i th'-' Statesville Air Line ? it i : imove. a reuresen- rfiorn. - - , rion Conip:; ' , ti li : t fir H. Goorco. Jr., a ra a railroad con- L of Kie::T:iLiu1, a., were m Ihrnor thivo Jays ago negotiat- Ub the offieers of the Statesville ijce Kaili on.l l ompany wiiu a m bui!iii'- and equipping the S Ait?" i:u exammea ine sur- wans an! ! ostimates of the which wro i, iv, :; pretiared dv Civil 1 mi o. and were given . , . :nforma:i'in tney desired. J. lie kftor expvsod tnemseives as i :n. a. thinly p.itu uu me sui- etc. .the bo:itt and the prospects -e road. 1 hey have the matter illdis? the road under aavise "and" "i-i probably submit a i4:ion to ths? ofiicers of the soiu in a fow ilays. Tintas Taken cf Decision. eville. Special. George W. ieibilt. the iargest taxpaj-er m oie ewr-ity. has taken advan- of ,Tnd?e Fred Moore 3 recent :or. ;a tne in.ianctioa hearing oi T 'I . 1 - 11. . r.iir.eni uauway avramsi ine bisfionei? ai'tt lax eoueeiors oi fonntv. hol'.'ii'.ig that one-third on tax levy ii Buncombe county uneor.5'initi M-al. and has refus- n?.v that portion of his tax rep- ' T i r i. J J 1. "J tins liie io cent roau auu unusies IS 1-2 cent interest on bonds, 1 i .,r tt laxoant? to aoout 55,uuu. iiere- e Vanderbilr has paid his tax in astallments. This year his tax almost i.iA'o, nan or trus :t bavii:r been TLis "iveek Vanderbilt through eeru paid the remainder or his ill the exception of that portion esented bv the one-tliird declar- Jtwse jfoore to be uneonstitu- . It is understod that other taxpayers in paying their taxes &z back the 33 1-3 per cent. Silera Commencement.. ton-Salem. Special. The or the exercises for Salem Acad- arri o i-ffe ins msf. hepn an- d and is as follows: tv. May 22 d First concert of Ea:c testival. urdav. ilav 23d Senior class s. literary nad musical, in the icon, and second concert at May. Mav 2ith Baccalaureate a by the Rt. Rev. J. Tavlor . D. D., of Saxonv. sday. Mav 25th Alumnae so- Eeetinsr in the afternoon and bird musical concert at night. !2y. Mav 26th Commence- the li terarv address bv Presi- Wiliiatn Louis Poteat, Ph. D., of Forest Collece, and nresenta- of diplomas bvRt. Rev. Edward !er. D. D., of the board of m fermany Gets Sight Years. eer.sboro. Special. Tn the Su- Coart here. Hardin Germany, ,?d with sending an infernal ma- to .Mr. Caesar Cone, was con of an assault with intent to Judr-r W'phh nnnrmnpprl that he pronounce sentence later. Un- Cfoss-exainination. Germany ad- ed that he made thft box enntain- he explosive, saying he did the for a man wtlnso namo Ir.o rllrl know and w! Germany faced Judsre Webb, sentenced Lira to eisht vears in penitentiary. To Pardons Granted. aleigh. Special. Governor Glenn 'ay granted two pardons and re- : sevpn nrvr-,i;o4: ti. a the she riir of Buncombe county re Adolphus Boon on the roads 0U nnpvnirol con f on na -rceny. '0flll wag gjven condi- PMdon. but got drunk tnd is to Asheville jail." Franchise Reacted. a':sV Sn-cial Tho bnnrd of -Mm Tm.-.-,. r i . -- n i -yiapany, dui aiwr-. toene for the comnanv reieeted ,u account a? t; nc ) to accent m-. ; u r.f?n v,ic e franclnso wiR be revoked. e-B!cT7ers:at Shelby Depot. WlDv. STn.-.r.T.O TI. J!. -i. il. , ' "i" ' 'ti. j. lie saie ,ai iiic 'tow df-pol was blown to pieces iteriy ni"5it by DurSlars and the l taken which amounted to P-Prators. Crop Outlcck. 'liltt has 1-Ptnrnf.fi from the ., ; . He says fruit was "Jt by tl recent freeze and the - I. i.-s apple. rrmarkably fine, notably His assistant, Mr. Shaw, 'oiriio,! f.v- i. l. x ,i. rpo-: eastern uuw n'inir vi M: i 1 1 m " lemaiKaoie rapiouy. C1''D:i Will hn " "VTv T wid 1,, or 6 strawberrv by fA HEEL TOPICS, 4V State Farmers Union. Charlotte, Special! The farmers union delegates met here last week and perfected an organization with the following officers: President, Dr. 1. Q. Alexander, of Mecklenburg; vice president, A. C. Shuford, Catawl ba county; secretary and treasurer, i. C. Paires, Cleveland county; door keeper, J. Ernest Cansler, Lincoln; sergeant-at-arms, U. S G. Phillips, of Cherokee,- conductor, A. G. Stroup, al,or county; State organizer, J. E. U Ford, Gaston county. The execu tive committee is composed of the following-named: Messrs. Orson Morrow, Rutherf ordton ; P. W. Ply er, Union; J. J. Logan, Cleveland; T. F Cornwell, Lincolnton; D. A. Ran dolph, Bryson City. N Mr. R. B. Hun ter, of the county, was made State lecturer. New Chair Factory Running. Thomasville, Special. Mr. C. C. Lantz, general manager of the Bard Lumber Company, the new chair fac tory, says that his plant is now com plete and running on full time. A large supply of material is now on the yard and the company is making chairs at the rate of 200 a" day and as soon as the trade will brighten up the output will be 400 a day The com pany manufactures high-grade chairs ranging in price from $18 to $60 a dozen. It is working now about .50 men. This factory has been built during the past six months and is one of the largest and best equipped in Thomasville. A Cottage Destroyed in Statesville. Statesville, Special. Just before noon Thursday a six-room cottage lo cated in southwest Statesville, the property of J. M. Adams and oecu- paid in Decern- Pel by J- Lee Steele and family, was J A " ,1 .1 uesiroyea Dy nre witn practically ail its contents. The fire originated from a defective flue and the roof was in flames before discovered. The fire department responded to the alarm at once, but the flames had done their work before the firemen reached the scene. The house was valued at $1, 000 with $600 insurance. Mr. Steele had no insurance and his loss of $100 to $200 falls heavily on him. A Rowdy at Last Gets His Deserts. Statesville, Special. About 13 months ago, in the edge of Olin town ship, Ab Lambert, white, assaulted and stabbed Doc Daniels, white, in the latter's store, dangerously injur ing him. Lambert ran away immedi ately after the trouble and went to the mining regions in West Virginia. He was noted for his rowdyism and had a very bad reputation. Recently his father, who lives in Sharpesburg township, received a letter from a boarding house keeper in a mining town in West Virginia, stating that he (the boarding house man) had shot and killed Lambert and had been exonerated for the shooting on the ground of self-defense. Lambert was drunk and was advancing on his host, shooting as he advanced, when the latter drew his revolver and killed Lambert with the first shot. Lam bert 's father has further investigated ihe killing and it is understood that he realizes that his son got only what was due him. Bank Burglary at Kernersville. Winston-Salem, Special. It is learned here that the Forsyth Bank, of Kernersville, was burglarized Sun day night, but the robbers failed to gain entrance to the vault where the cash is kept. They were either fright ened away or were amateurs. They entered the building through a rear window by prying off the iron bars. Fuss Over Wife. Spencer,- Special. Willis Franklin, aged twenty-five years, a colored fire man on the Southern Railroad, was stabbed to death near the passenger depot here Thursday morning by An drew Linden, a colored laborer at ha Rrfn.pr Rhorjs. The tragedy is said to have resulted from a quarrel over the wife of Linden with whom n is sllegfrd Franklin was intimate. Tanner Kills Ex-Convict. Durham, Special. Effa Wimbish, a wealthy merchant and farmer, of Halifax county, Virginiashot and in stantly killed Gregord McCrow, who made a murderous assault upon lum. McCrow was an escaped convict, hav ing served three months of an 18-yeai sentence for murder of another ne gro.' When Wimbish met him the convict fired, wounding Wimbish in the arm At the merchant's nrst suui the negro fell dead. Wimbish waa taken to South Boston and placed m the hospital. Tcnoi-iiTii? Coast Defenses. A.5fll Col. G. N. Winning ; - , Whistler, U. S- A., in charge of the submarine defenses along the Atlan tic coast, is in Wilmington with his wife, spending a few days after an official inspection of he mines, etc., guarding the approaches to the Cape Fear at For Caswell. Mrs. Whitlei was formerly Miss Ellen Everett of Snthport and Wilmingtor ,an was while here as a lieutenant just after the oivil war MESSENGER SUSPENDS Well Known and Popular Daily Goes Out of Commision For Lack of Support. ' Wilmington, Special. The . Wil mington Messenger, established as a morning paper here by a stotk com pany 19 years ago, has suspended publication. The suspension of The Messenger came as a great surprise to the Wilmington public, as not even the employes of the paper knew the step was contemplated by the proprie tors until the announcement was pass ed in as copy from the editorial room lor this morning's issue. There is no dispostition of the plant, a part of which, it is thought, will be con solidated with the extensive job of fice of the Jackson & Bell Co. There is likewise no announcement as-to the good will and accounts of the publication. The statement in the paper is to' the effect that the enter- flloc iar as ine newspaper was 4 cuueernea nad been conducted at a loss for some time and that the com pany m the future would devote it entire energies to the work of the job printing, ruling and binding depart ments. The Messenger was brought here from Goldsboro 19 years ago and was first conducted by the late Julius A, Bonitz until its prchase by Messrs. Jackson and Bell upon the death of the founder. Found After Four Months. Wilmington, Special. The body of an unknown white man found float ing in the water, four miles from the city at the confluence of the Brunswick and Cape Fear rivers proved upon investigation to bfe that of W. A. Vollers, the grocer who so mysteriously disappeared from his home in this city four months ago. The body was. badly decomposed, but was identified fully by papers and clothing. Vollers had been weak mentally for some time, and it is supposed that he wandered off from home, was lost just before the sleet and snow storm of December 4th and was frozen to death in the river mar shes. The recent freshets are suppos ed to have floated the body out in the main stream, making its discov ery possible. Deceased was in the 38th year of his age and leaves a wife and two children. His family con nections are prominent. He carried $2,000 life insurance, which was in the Woodmen of the World. The re mains were buried after funeral ser vices by Rev. W. A. Snyder, of the Lutheran church. Woman Burned to Death. Beaufort, Special. Sunday morn ing about 2 o'clock fire was discover ed at the residence of Miss Henrietta Roberson. Before the. fire company could get a stream the building was enveloped in flames, cutting off the escape of Miss Roberson, who was burned to death in a most horrible manner. Miss- Roberson was one of two sisters who made the Confederate flag captured from the Tenth North Carolina Regiment by the Fourth Rhode Island Regiment. The return of the flag to the Tenth North Caro lina Regiment by Rhode Island was the occasion of a noted celebration at Raleigh in June, 1906. Explosion Fatal to Two Men. Asheville, Special. The explosion of the boiler of engine No. 628 about midnight Sunday night at Hillgirt, six miles from Hendersonville, result ing in the death of Engineer George Lauderback and Fireman Kemp, has been the chief topic of conversation in railroad circle. The remains of the unfortunate men were brought here and prepared for burial at a local un dertakings establishment. The body of the dead engineer will be shipped to Augusta; Ga., for interment, while the remains of Fireman Kemp will be taken to Candler, near here, for interment. Pitt County Farmer Falls Into Creek and is Drowned. Greenville, Special. Friday night Mr. Jesse Smith ,a prominent farmer of this county, was drowned in Bry ant creek, five miles from Greenville. Mr. Smith with several neighbors went to the creek Friday afternoon to set nets and camp out for the night Between 1 and 2 o'clock in the morning Mr. Smith left the camp while his companions were asleep, and later they were aroused by hearing soemthing fall in the water, and miss ed him. His body was found in the creek about" sunrise. Small Attendance in Cumberland. Fayetteville, Speeial The Cumber land county Republican : convention was held here Saturday. The atten dance ' was small and composed en tirely of whites. Resolutions were adopted "endorsing the administration of Roosevelt the candidacy of Taft and the State chairmanship of Adams and delegates to the State convention were . instructed to vote 7 for Adams for reelection. Editor Ferris Home Entered. Hio-h Point, Special One night last week while Editor J. J. Ferris and wife were away from home, leaving a nurse in charge of the children, -1.wo men entered the house and rlrpw a cam and razor on the negro- nurse and went through, the house. The frightened negro asked their business and they replied, "Noth ing " An alarm was given and the matter kept quiet hoping to catch the intruders, who apparently were drunk or under the influence of a drugt WATSON IS NAMED Populists Name . Georgian for Presidential Candidate WILLIAMS GETS SECOND PLACE After Two Stormy Sessions the Peo " Pie's Party Nominate Thomas E. . Watson, of Georgia, as Its Standard-Bearer in ;tfc Coming Cam paign. . St. Louis, Special. yor President of the United States, Thomas E. Wat son, of Georgia. For Vice President of the United States, Samuel" Wil liams, of Indiana. The foregoing ticket was nominat ed Friday by the People's party con vention, after two stormy . sessions, -during which the Nebraska and .Min nesota delegations bolted beeause they could not procure a pc lponment of the convention until after the nom ination had been made by the Demo cratic convention so that the People's party might nominate W. J. Bryan for President, if he were defeated at the Democratic convention. Delegation Bolt. The Nebraska men fought desper ately to the last, and when Jay W. Forrest, of Albany, N. Y., mounted the platform to place Watson in nom ination they withdrew from the con vention, followed by the Minnesota delegation, which consisted of one man, T. J. Weighan. If Bryan ig nominated at Denver the men who walked out of this convention say that they and the Populists of Ne braska will support him to a ma. Debate on the proposal to postpone the convention and the discussion of the phraseology of the money plank of the platform consumed the great or part of the day. The discus sion of the money, plank was . long, hut all the oratory went for naxght as the plank adopted was that recom mended by the resolutions commit tee. The "platform was adopted as re ported from, the committee on reso lutions.. - At a meeting of the new national committee, James H, Ferris, of Joliet, 111., was re-elected chairman and Jay W. Forrett ,of Albany, N. Y., was chosen vice chairman. The platform, after setting forth that the government has been con trolled so as t6 place the rights of property above the rights of human ity, and that financial combinations have exercised too much power over Congress, give? the position of tha parsy on finance as follows: ''The issuing of money is a func tion of the government and should not be delegated to corporation or individual. The constitution gives to Congress alone the power to "issue money and regulate the valued there of. We, therefore, demand that all money shall be issued by the govern ment direct to the people without the intervention of banks and be a full le gal tender for all debts, public and private and in quantities to supply, the necessity of the country. We demand that postal savings banks be instituted for the savings of the peo ple.'; Alien ownership of public lands is opposed, and lands now held . by aliens or by corporations which have violated the conditions of their grants should be restored to the public do main. Government ownership of railroads is urged on the ground that that pol icy would prevent unjust discrimina tions. Also that in order to per fect the postal service the govern ment of conditions of the wage earn general telegraph and telephone sys tems and provide a parcels post. The platform favors the enactment of legislation looking to the improve ment of conditions of the wage eran ers. demans the abolition of child labor and the suppressing of sweat shops, opposes the use of convict la bor in competition with free labor; demands the exclusion from American shores of foreign pauper labor; fav ors the 8-hour day, demands the en actment of an employer's liability bill within constitutional bounds, declares-that in times of depression when workingmen are thrown into enforced idleness, that works of pub lic improvements should be at once inaugurated, emphasizes the declara tion of the Omaha platform that "wealth belongs to him who creates it ,and every dollar taken from labor without a just equivalent is robbery," and opposes gambling in futures. On the subject of injunctions the platform says. "We condemn all unwarranted as sumption of authority of the inferior Federal courts in annulling by in junction the laws of the several States and ,therefore, demand of Con gress such legislation as shall inhibit such usurpation and restricting to the Suprerne Court of the United States alone the exercise of this great pow er.' To Settle Big Question. Syracuse, N. Y-, Special. One of the grave problems now confronting the country will be finally settled' by a debate between the wind-jammers of Syracuse University and Weslayan College. The latter will affirm the question: "Resolved, That aside from the question of amending the constitution, the Federal government should - exercise further eontroL over quasi-public corporations doing inter state business. STRIKE OF MINERS Many Thousands Qut Work Pending Settlement LITTLE INVOLVED IN DISPUTE Indications Do Not, However, Point to a Prolonged Strike, as the Dif ferences Between the Miners and Operators Are Slight, But Some Political By-Play in the Miners', Organization and Other Local Dif ferences Heep Contending Fac tions Apart. Indianapolis, Ind., Special. Two hundred and fifty thousand picks dropped from the hands of as many bituminous coal miners of the. Unit ed States Tuesday evening, not to be used again until a wage settlement has been reached and a scale adopted between the members of the United Mine Workers of America and the coal operators of the various fields. Wednesday morning there were 2), 000 men idle. The situation, however, does not indicate a prolonged strike. An open winter and industrial de pression have left a large stock of coal on hand and the differences be tween miners and operators are very slight. .It is practically agreed that the present wage seale will be eon tined, but some politics in connec tion with the change in the national officers of the miners' organization, and local differences between opera tors and miners have resulted in tem porary suspension from work until a new wage seale is agreed to either by districts "or individual mines The Unit System! Until two years ago the bitumioua coal mining wage of the country was based upon the agreement reached in the central competitive field con sisting of Illinois, Ohio, Indiana and western-Pennsylvania, and consider ed as a unit. This unit system was broken two years ago when Presi dent Mitchell signed a scale with Pittsburg operators, who agreed to pay the scale denmanded after opera tors of the other three States had refused and the miners won their fight. Operators signed the scale in dividually throughout the country. Since that time the miners have tried to get back the unit rule, or inter-State agreement, but operators of western Pennsylvania, Ohio, and Illinois, after negotiations lasting all the past winter, have refused to meet in inter-State convention with the miners. As a last resort President Mitchell called the miners in national convention and district settlements were authorized with the present wage scale as a minimum. Failing to agree by district miners were au thorized to sign the present seale with operators individually. Vice President Lewis, who will succeed President Mitchell, is en deavoring to revive the inter-State unit rule. In the meantime district joint meeting are being held in the various States. No Trouble in Tennessee. Nashville, Tenn., Special. The sit uation in the coal fields of Tennessee is quiet and relations between ope rators and miners are entirely har; monious. The miners ar& worked on the "open shop" plan and the wage scale is said to be satisfactory. John P. Williams, president of the Bon Air Coal and Iron Company, said that he anticipated no friction in the Ten nessee district; that conditions were eminently , satisfactory and that the men were entirelv satisfied and cheer ful. . All Iowa Mines to Close. Des Moines, Iowa, Speeial. Every coal mine in the State of Iowa will close. Not one of 30 or 35 mines in the State will be worked Wednesday. The shut-down pending the settle ment between opera tojrs and miners will last at least 30 days. For the past mosath the mining companies and large consumers of the State fcave been storing up coaJ in preparation for tb shut-down. Sea Wall at Tybee Island May Be Destroyed. Savannah, Gau, Special. The sea wall recently completed alt Tybee is land to protect the Fort Screven re& ervation from the encroachments of the water in is a fair way to be de stroyed. Tuesday's high tide under mined and destroyed eleven of the sixteen foot sections. It is said the plan of construction was faulty. The wall cost $30,000 and is 4,000 feet long. Two Boys Kiilea By Falling Walls. - Provincetown, Mass., Speeial. While inside the shaky walls of the balf -burned Centenary Methodist Episcopal Church late Monday in search of firewood, two boys were killed by. the collapse of a portion of the ruins and a man was serious ly inured. Tiie boys were Joseph O'lver and Joseph Holmes. It is oelieved that Prada will recover. No. 1 one else was hurt. MANY LIVES LOST Thirty-Six Men Lose Their Lives When the Torpedo Boat Destroyer Tiger and the Cruiser Berwick Col lide Off the British Coast. Portsmouth, Eng., By Cable. Thirty-six men, including Lieutenant Middleton, the commander of the -torpedo .boat destroyer Tiger, lost their lives in the collision off the Isle of "Wight Friday night between that vessel "and the British cruiser Berwick. The vessels belong to the Portsmouth division of the British home fleet and were engaged in night manoeuvres in the channel while on their way to Portland. The night was very dark and the Ber- wict was steaming slowly. When the destroyer, attempted to cross the big cruiser 's bow she was . caught amidships and cut in half with knife-like precision, sinking almost immediately. The deck crew, who were dressed in heavy oil skins and boots, went down with the vessel, not having time to free themselves from these heavy encumbrances. Of the 22 men who were rescued most of them were engineers and stokers, who, having light clothing, were able to keep themselves afloat until boats from other ships, which were im mediately launched, picked them up. The collision occurred at 8:10 o'clock at night. The ships were manoeuvring without lights, fz is believed that several of the men were killed by the impact. Tugs were dispatched to the scene of the disaster at daylight. The smaller naval vessels were in the midst of an attack on their big ger consorts when the disaster oc curred. The entire fleet was uner masked lights, and in the absolute darkness the Tiger was suddenly struck square amidships by the Ber wick. The stem of this vessel, to use the words of an eye witness, cut the destroyer in two as if she had been made of paper. The forward half sank instantaneously and the sea became dotted with struggling men;. Most of them, however, sank be fore help could Veach them. The warships in the immediate vicinity quickly had their boats overboard and the seene of the tragedy was bril liantly illuminated by a concentra-? tion of searches. After the accident the Tiger floated for a minute or two, just long enough to enable those on board to seize life belts. They threw themselves into the water and were able to keep afloat until picked up. William E. Middleton was on the bridge at the, time of - the dis aster and went down with the fore part of the ship. The Tiger had a complement of 59 men and was of 400 tons. A stoker rescued from the Tiger gave a vivid account of the -aeeident. ' ' The Berwick flew up out of the blackness and seemed to fall on tre,"' said this man. - "The noise pf the impact was not great, but in a few seconds we were ripped in halves. The forward half of the Tiger reared up like a frightenede horse ami then sank beneath the waves. The en- i gineer-Iieutenant, who was in the engine room in the after part, shouted: A11 hands on deck," but owing to the hissing of tire steam and the noice of the engines many of the stokers could not hear him. When we did realize what ft-axf hapv pened we made frantic effeats to get on deck. The water was- pouring down into the hold in great torrents and it was all we . could dV to make ottr way against it. , Everything hap pened with startling suddenness. A minute or two after the collision we were drifting' past the Berwick fn the full glar of the searchhghis. The next thing I remember is being dragged im one of' the rescuing hoats in a. aemi-consciosts conditio." GirJ Adopts Man of 46. Boston Special. By the action of the Superior Court at Lowell1,. James Butler, aged 46, legally becoraes the adopted son of Miss WiBelmina Crawfojrd, a youngr woman of 28. Butleir.was raised by Miss Craw ford's; parents and the girt declares that she entertains a most motherly feeling toward frim, despite the dis parity in their years. Negro's Educational Needs. Chicago, Special. Educational leeds of thej negro in tie South were described by Booker T. Washington,, principal of the Tuskjgee Institute. The meeting was arranged by a. com mittee of prominent citizens with a view of forming -a permanent organ ization to encourage interest in the schooling that is given at luskegee. Mr. Washington declared that educa tion as a force for the uplift of the negro had not been given a sufficient test to. warrant judgment as to. its efficiency. Straus at Savannah. Savannah, Ga., Special The Twenty-fifth anniversary of the Savannah board of trade was celebrated Fri day. The chief feature of the cele bration was a largely attended ban quet at -which Secretary Oscar S. Straus, of the Department of Com merce and Labor, was a guest ana speaker. Other distinguished visi tors were, present and. responded - & toasts, - .. - BUSINESS OUTLOOK Indications of Great Prosper!' " ty Throughout the South COMMERCIAL LIFE VERY ACTIVE President Finley, of the Southern Riailway, Believes the Situation in the South is as Favorable to an Early Revival of Prosperity as That in Any Other Part of the Country. Washington, Special. President W. W. Finley, of the Southern Rail way Company, who has been looking5 carefully into commercial and indus trial conditions in the Southern States, was asked for a summary of the result of his inquiries. "While- business conditions in the Southern States are not as favorable as we would like to have them," said Mr. Finleyr I think the situation in that section is fully as favorable to an early revival of prosperity as that in any other part of the corartry. Throughout the Sotrthv the banking institutions are1 in soTrnd" condition, and although, their managers; are gen erally pursuing careful and eansexv ative policies, soxmel business; errter prises are generally able? to obtain all of the credit needed. From most IbrcaEtiesF comrei. report that Southern farmers are in a pros perous condition, anxl have substan tial bank accounts. In the United! States as a whole and especially, ii the Southern section1, agTicuftrre, i the predominant industry. Last year's crops were sold at remmrerative prices. Largely as- a result off the purchasing power- of the farmers',- re1 tail trade in most Southern1 communi ties is fairly active. In th) focal ities where cotton mill' employes- and' other industrial workers' are most numerous, there has, of course, been- . more or less falling off in- retail' bus" iness as a result of' the1 industrial' de pression. As. in all' other sections there is a tendency on- the1 part of re tail dealers in all'-lines' to buy very conservatively and reduce their- stock for goods. This necessarily- has- the effect of curtailing the business- of" Jobbers, who in tunr are conserva tive in .their purchases from manu facturers, and this, in1 turn-, tends- to accentuate the industrial' depressions "That the depression should have been so widespread" and serious- is due, I think, not so- much to funda mental unfavorable economic condi tions as to the general" uncertainty a to the future which has prevailed and" to the consequent tendency on- the part of the American people generally to economize in their expenditures. The cumulative effects of all" these-individual economies passed' on- through retailers and jobbers, have fallen-with full force upon the manufacturing and transportation- interests- of the country, which are consequently feel ing the depression much more- acutely than other interests. "The question of how soon-a reviv al may be expected" to begin- is- one which no man - can - answer with- cer tainty, for the reason that' some of the reasons for the continuance of the business depression- are psychological' This being truey. ono of the' most im-. portant results to be brought about is the creating of a constructive senti ment based on faith in ourselves- and in the future. A few weak spots-irt our banking system have been- elimi nated ; the natural' resources- of out country have not' been- diminished" and-the industlT aiidenterprise-of the American people- are as great as be fore. Under these- circumstances; be force as a result' of t he prolongation? of existing conditions, economic com plications ari'sej it1 it the duty of each? one of us to- look- to the future, rath er than to the past, and to contribute to;the best of his-ability, totlie bring ing about of strcli a sound' construe-, tion sentiment as will substantially aid in return- to- prosperity. Cotton Seed" Crushers- Meet. New Orleans, SpeeialTh response to the call' of President L .A. Ran son, the exewu-tive and inrles commit tee of' th Inter-State1 Cotton Seed Crushers-''- Association met here Tuesday. Tnese twvo committees- will pass uptnv all rules which are to ga before th annual meeting of the lassociatic. at Louisville in May. Socialists Held Meeting in Grant Central Palace. , New York, Speaal. Withemt sem blance of disorder and undeir the sur veillance of scous of polica and de tetfiives, 1,500 persons took part in a meeting of the? Socialist party - in rand Central Palace. The purpose of the gathering was t discuss the. attitude of the authorities in not per mitting thwn to hold a public meet ing in Union Square last Saturday and let it be known, that the Social ists weve not in sympathy with tha act of the bomb thrower. An Opinion From Bonaparte. Washington, Special. The Presi dent has received from Attorney Gen eral Bonaparte an opinion on the sub- . ject of the extermination of anarchy. . As soon as the President has time to read and digest tne opinion he, will probably recommend to Congress leg islation necessary to carry (he . suggestions. -.
The Chatham Record (Pittsboro, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
April 8, 1908, edition 1
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