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X
No 1
VOL XXX11I.
ASHEBORO, N. C, THURSDAY. January 2, 1908.
m ii Ik r .
JL It It 11 a
STATUS FIRST NATIONAL
BANK AT HIGH POINT
Reason tor Winding Up Affair of In
stitution I)eM)ltori Lose ;Nothing.
The . following statement was
given out in regard to the affnirs of
the First National Bank of High
Point the middle of last week:
"The First National Bank was
over-loaded with a lot of good paper,
but could not realize on this paper
and secure sufficient funds to keep
going. It decided some time . go 10
reduce their liabilities as fast as pos
sible and arrange to go into volun
tary liquidat'on. National Bank
Exainiuel llull lias been here a
week or more and pronounces the
, institution solvent, but advises liqui
is y ylatiou, as also dors the comptro.Jer
. Jti the cuirencv, and this will be
-xully accomplished within the next
few days. Depositors will not lose
a cent and most pieb.tbly their funds
will not oe tied up, us the First Na
tional Batik has abundant security
which they are giving the Cot'iniet
cial Natioual Bank aud the" Wach
ovia Loau aud Trust Company who
are taking over this piper and credit
iug depositors at their places of
business with the amounts. .The
former custonieis of the First Na
tional Bauk are going to tiie b.iuk of
their choice uud upearuntly there
is absolutely no i Hurt beiug made by
either of the other two bai.ks to get
the busiuesii, allowing the people to
do as they plea-e. The city is for
tunate lu having such strong insti
tutions as the Commercial National
Bank and this branch of the Wach
ovia Loan and Trust Company, woo
are abundantly '"able to take over the
deposits aud thus enable the First
National Bank to go iuto voluntary
liquidation and save receivership,
which would be very expensive am!
greatly inconvenience the communi
ty and work a hardship on tnu'.iy.
The officers will continue to close
out its affairs at1 speedily as possible
and will not be forced to bring 8"it
for collections, but can accept par
tial pay nuuts and thus allow the
creditors to reduce the obligations as
rapidly as possible. The banks of
High Point deserve much credit for
this step and they are getting it,
too.
Dr. Beth 11 me Sells Kite lor Hanltorlum
Dr. J. I?. Gordon, Dr. M. E
Street and Hon. J. K. Blair the
board of directjrs of the "North
Carolina Saoitorium for the Treat
rrtent of Tuberculosis," appotnte.l bv
the Genet al Assembly, after can-
Tassing the Mate have purchased
from Dr. A. C. Bethuuip, of Aber
deen, two tracts of laud for $7,700
Mr. Blair stud to a curresi ondent
of the News & Observer in Fayette-
ville that the site is the most magui
ficent he ever saw.
Moutrose is on a great hill, the
Highest in Cumberland county, and
mgner man any point in the adjoin
ing counties of Ilarliett, Moore,
Richmond, Scotland and Robeson;
ana it is said tnut stun ling on Mont
rose one can view the landscape o'er
in all or tne above five counties.
About 200 acres of the Beth u me
tract are said to be very fertile, and
will be converted into "a dairv and
poultry farm, milk and eggs being
tne cnut met of consumptives. Ou
the Graham tract is a fine water
power, which will be utilized for uu
electric light and power plant for
the san i tori urn. Tbe drinking water
like all.rhe water in the sand-hills
of Cumberland.cannot be surpassed
anywhere ou earth, and this was one
of the first things the committee
took into consideration.
The Saoitorium will be on the
plan of a colony. There will be a
large administration building and
cottages, the cottages to accommo
date four patients each.
This movement set ou foot by the
Legislature is looked upon aa the
greatest cnaritable institution tha
State has ever inaugurated, and Mr.
Blair predicts that, with the, splen
did location obtained in Montrose,
its success is already atsuted.
Twenty-five thousand dollars was
appropriated for a Bite and prelimi
nary buildings.
Hubacrtptious Paid.
H K McMasters, W R Richardson, John
M Marley. 1 Keariw. Dr T O Dowd. R
E Williams, Mrs WM Moser, Cain Curr, J
M King, D A. Coltraon, J L Luther, W J
Staley, Henry Morris, O P Barker, J A
Auman, W t. Ingram,' (i (.' rloyd, N A
Hinabavr, Will Croker, Worth Lowe, K Bol-
Jng W It ftuli, M T Al'en, Nancy Line
berry, U F Morgan, J T Millikan, C A
Warner, 11 Cole, Jesse Hammond, Dr.
Cavenew", L B Dunn. R A Smith, Mc Lew
alien, L York, II T Bray.
MR. GAINES SCORES WALL
STREET.
Flow of Eloquence Seldom Equaled In
Tbe Halls of Congress.
Before the adjournment, of Con
gress for the holidays Hon. John
W. Gaines, of Tennessee, protested
against any adjournment until the
6tb of Jauuary in language as fol
lows: "We should have gone to Wall
Street and throttled the thieves and
turned back the honest , people,
their hard tarnin0s."
At this Mr. Payne, of New Yor k
inquired what subject wcs before
the House.
"Oh,"sai(J Mr. Gaines,"I expect
more men than the gentleman from
New York will luugn in wall street
at what I say. But that does not
deter nie from condemning tnew im
position and their outrage upon the
plain people of this coutrv, who
are not respous ble for this highway
act of imposing an unnecessary
panic jpon defenseless people I say
we ehould stay hire thrjugh the
holidays and rivet down thee .vul
tures that itave forced this condition.
It was the duty of eveiy member,
he said, to st;iy here and attend U
liusiu;'ss,'iiot as Ik'iiK'ciaU or ms
Republicans but a Americans lepeo-
scuting the American people.
Carolina Lite Insurance Company Din-
bands.
At a meeting of the stockholders
of the Carolina Life Insurance
Company at High Point on Dec. 27,
cue business of the company was
sold to the Jefferson Life Insurance
Company of Raleigh.
K. A. Wheeler was appointed
cha.tmau of the committee, with
W. P. Ragau and J. E. Kirkman,
who will practically wind up the
affairs of tbe company, paying the
stockholders their stock as last as
possible.
Norwood Depot Kobbed.
The depot at Norwood in Stanly
county was broken into and robbed
oy unkuown persous. Two hundred
dollars were taken from the safe of
the Southern Express Company.
Married,
At Pomona recently Mr. Kobert
L. Bain ami 'll'us Minnie Clapp.
At Greensboro recently Mr. Jesse
Bishop and Miss Lnla Rosen. Al
so Mr. Jesse F. Swaitn and Miss
Sarah Westmoreland.
Mrs. Ledwell, wife cf Mr. El-
wojd A. Ledwell, of Asheboro.
Mr. W. E. Inaram. of New Mar
ket township, was a visitor in Ashe-
ooro one uay last weeK.
Memphis Hank I'alls.
The Memphis Savings Bank has
gone to the wall and a receiver has
bieu appointed.' The stockholders
may get as much as 40 per cent.
Decrease in Lynching.
The lynching record for 1907.
says a dispatCh from Chicago will
show a decided improvement over
that of 1906. Laet year there were
only torty two, these being confined
to 12 6tareB, against seventy-two in
1906. Tbe majority of the lynch
ings were for criminal assault, and
uone were lynched for petty or triv
al offenses.
A recent newspaper article from
Pirtsmonth says that there is a drug
store in jMorioiK tnat Bens tit teen
hundred gallons ot l iudarum a dav,
and another drug otore that sells $90
worth of cocaine daily. This is an
evidence of tbe fact that attention
should be directed to the dope as well
as the liquor habit. The increase
in the dope habit is remarkable. It
is an evil far greater, we think than
the use of alcoholic liquors.
The close of 1907 showed the
membership of the Independent Or
der of Odd Fellows in North Caro
lina, 15,000 in 225 subordinate
lodges. t During the year 21 new
lodges were instituted.
A correspondent of the Char
lotte Observer from Spray has the
following to say of senator Over
man:
Senator Overman's friends here
are anxious to eee him dignify the
Vice President's chair in the Senate,
at Washington. He and Governor
Johnson would make a winning
team they think. The suggestion
sounds good and the Senator would
wear well the honor.
i
LIBERALITY
VATISM NECESSARY TO
CONTINUED SUPREMA
CY OF THE DEMOCRAT
IC PARTY IN NORTH
CAROLINA.
Ia employing the terms conferva
tive and conservatism, radical and
radicalism, I do not intend that ny
of them should stand fr reproach,
but vise them for conveniice as
representing the factions :n the
Democratic party in North , Caro
lina. It were little less than crimi.
ual to count as corrupt any consid
erable number of individuals known
its "Conservative Democrats," and
all as wicked as to attitbute to an
appreciable proportion of those gen
tlemen who compose the opposing
wing, purposes of self-interest.
Were there grounds for either im
peachment the Democratic party
could not have weathered the storms
us it has, nor would it have been in
a position to contemplate the glori
ous history it has written for itself
and the commonwealth.
Conceding patri tic motives to
the great body of D mo 'raric le 'ders
as well as rank and. tile, it i icurj to
mo that it might se. ve a pilose at
this timu to tiki our beviyjtf)d
make a reckoning. We may safely
assume, (1) that the inro ii not
for the time to be Ad -red a fac
tor in the politic d rqiuiiO' ; uiul,
(2) that the prospect for It- publi
can success at the polls for a de
cade to come are very reiiKte, if the
democrats commit no great blunder.
Clearly, then, the resji ni'-I'nlir. and
the opportunity ue wi.h the. de
mocracy.
I refer, as aiy caption indicat e,
to the political life of North Caro
lina. It is unnecessary for pr-sent
purposes to do with party affaire
from the national view-point, for
the nomination of Mr. Bryan ap
pears to be a foregone conclusion,
and that North Carolina will give
him her electoral vote: is granted.
So, when I gpeak of the responsibil
ity and opportunity of the party I
refer to that which should be its
first concern, the preservation, or
rather restoration, of poace in r.s im
mediate household.
Time was when the individual
haled to court was counted inno
cent, uutil proven guilty of trans
gression of tha law, but we have
for a season, it appears, departed in
our political relations fiom this
presumption, conceived of simple
justice, and adopted a new standard,
which assumes culpubilitv uutil in
nocence is established. This leads
pie to remark that dissension and
consequent peril can only be averted
by granting to every Democrat a
right, at one time considered unali
enable, b iw frequently regarded as
treasonable, the right to think and
speak for himself. And here I
would make application of my ob
eervation that guilt is presumed un.
til innocence is established. It is
altogether too common a custom to
hint at base motives when some
member "of tbe party does not sub
scribe to the letter and dot of that
which others count orthodox aud
there follows political persecution.
Such a policy is not only hurtful
to party interests but morally
wrong. Honest difference of opin
ion among the members of any or
ganization is a hea thtul sigu, in
that it indicates the absence of sub
serviency. Party policies are con
structed along the lines of. and pre
sumably in harmony with our ideals
of government, that is the will of
AND CONSER
tbe m ijonty is the basic principle.
Both party and government neces
sarily predicate honesty in their
procisses, else men would revolt at
whatever might seem to them ini
quitous without regard to their tacit
or sworn obligation. Let me sug
gest, that the Democratic party of
North Carolina, in order to preserve
its integrity, should applaud rather
than discourage cundar, whether .in
convention hall, or the hustings,
or through the press. If it does
not, it will invite internecine con
flict that will result in defections
that spel. defeat.
I urge, also, a conservative, con
structive policy. We are having to
do with changed conditions in
North Carolina. Where twenty
years ago our chief source of wealth
was our agricultural products we
are today reckoned first among the
oottou manufacturing states of the
tJoutv High Point, teu years since
au ot -iuie town, is no the tiist
manufacturer of furniture in the
South; manufactories of a dozen
kftbls and hundreds in number have
sprung up about us and today the
actual wealth of North Carolina, it
has been stated by Dr. Dixon,
State Auditor, is not less than two
billion dollars. With the develop
ment of our magnificent water
powers, a drem already partially
re.iliz j, North Carolina will, withiu
a half dozen years, take first rai k
among the great manufacturn g
s.ates of the Union. It has required
money to build our factories and
railroads, to open and equip our
mines, and veiy much more will be
needed for future development.
But a slight piopottion of this
money will tie furnished by our owu
people, for the sufficient reason that
they do not possess. In the main
these enterprises will represent for
iu capital. This capital will come
to us only as it is assured that there
is no dispositiou amorg our people
to harass financial interests.
This is a day of investigation of
corpoi ate interests and the demand
for an accounting has served - and is
still tering a good purposi s for it
has laid bare colossal frauds. But
investigation should not be carried
to that extreme where every corpora
tion is made a target for unfrieudly
legislation, or even to the extent
that corporations proven to be guilty
of over-stepping their rights, be
come the prey of passion and prej
udice and are made to suffer un
reasonable exactions oh general
principle.
To illustrate: It has been sug
gested that a certain and promineut
corporation, having vast interest in
the State, be assessed for taxation
on a six per cent basis of its earn
ings. That is to say, if it earns one
million dollars annually its property
should be assessed $16,666,666.66.
To make any such arbitrary rules
governing the assessment of corpor
ate wealtn, while the individual is
permuted to return his personal
property at hie own figt r, is mani
festly unfair.
I doubt if there is a citizen in
North Carolina wno pays, or who
has ever paid tax upon such basis.
The tax books of every county iu
tbe State will show that if there be
any, they are few. So it is I ap
peal for a spirit of conservatism iu
this matter of dealing with money
J
TILLMAN ON LIQUOR.
To Teat Strength of Interstate Com
merce Laws.
Senator Tillman recently touched
a popular card ia North Carolina
when he offered a resolution in the
Senate asking that the committee
report "by bill or otherwise" what
legislation is necessary "to enable
the states, in the exeicise of police
power, to control the commerce of
liquors aud all alcoholic beverages
within their borders,' and thus
assist in carrying out the will of the
people in prohibition territories.
Iu this connection Senator Knox
offed a bill p:oidini that the
cortiol of a state should begin has
soon as the package is within the
borders of the State, before or after
delivery.
When this 1 ill was introduced
Senator Tillman withdrew his reso
lution and the bill was referred to
the Judiciary Committee.
The Temperance forces will
watch with interest for tbe outcome.
It. 1.. Davis Dies i n m Shot.
It. L. Davis shot himself Chiist
mas day. Standing with one foot
on a stump, in shifting the gun in
his hands, the trigger hit the stump
and a whole load uf shot entered his
groin and hip. lie died at Junior
Order Hospital iu High Point ou
Dec. 27tu.
Legislature to Convene.
It is claimed that all the railroads
in this State have agreed to tbe
State's proposition and the Geneial
Assembly will be convened within
the next few weeks, to ratify the
compromise on the rate question.
Jiace Hiot.
Five white men were shot and
seriendy injureu by negroes in a
rare riot ou last Sunday at Bryson
City. The riot was caused by . a
feud which his existed for some
time. The. negroes from ambush
attack 'd the white people t ear t e
railroad station. It is not known
whether or not any of the negroes
were Killed.
Notice.
The annual meeting of the stock
holders of the Bank of Randolph
will be held iu the office of the baDk
on January 9t'u, 1903, at 2 p. m.,
for the transaction of such business
as may properly come before the
meeting.
W. J. Arm field, Jr., Caehier.
Married.
One of the prettiest home wed
dings of the setson was at Troy on
Deu. 18th, The contracting par
ties were !i r. It. Y. Hayes, a popu
lar traveling gentleman of Louis
ville, Ky., aud Miss Hester Allen, a
beiutiful, popular and acompliohed
youn? lady and daughter of Mr. and
Mrs. Geo. W. Allen.
Died.
Wm. M. Maner, son of Wm. D.
and Mary Mauer, died of scarlet
fe ver on Dec. 24th, aged 30 years.
The deceased formerly lived at
Franklinville but was living at
Thomasville when he died.
Ou in after January 1st the two
banks here will close at 3 o'clock in
stead of 4c as heretofore. All having
business to transact with them will
take notice and govern themselves
accordingly.
interests, for any policy that dam
ages legitimate wealth is bound to
result in hurt to the whole people,
and when the individual feels the
injurious effect of legislation he
will turn upon that party at whose
door lies the responsibility. I
would extend the particular appli
cation; let it apply to property and
personal rights of whatever charac
ter, especially as it refers to the re
lation of the Individual and the
government when rules are proposed
for the regulation of the conduct of
the citizen.
Burdensome laws are as ineffect
ive as no laws; the multitude of
statutes that aim at the restriction
of personal liberty have never avail
ed anything, and without particular
izing I invoke the history of the
world from tbe creation of the first
man Adam to this hour to prove my
word.
Much more could I say upon
this subject but I am content to add
that what I have written have been
words of oincerity condeused to suit
your space and consume all the
spare moments of a busy editor.
Jxo. M. Julian,
Salisbury, N. C.
7
DOUBLE WEDDi
la.
Pretty Home Wedding at tilt vent3
At the home of the brides' pa.
Mr. Wm. Hinshaws on Wednesu
morung at 9:30 a. m., there wa.
solemnized one of the most beautiful
home wedding evtr seen in that
community. The occasion was the
marriage of Miss Bessie Hinshaw to
Mr. June Peace, and Miss Lena Hin
shaw to At. Tom English.
The parIof and hall were most,
bcutif ully decorated with holly, ce
d.tr, ftras and chrysanthemums..
A l irge number of friends were
present to witness the pretty cere
mony which was performed bv Rev.
Owensbv, of Trinity, N. C.
The Vidal party proceeded to the
parlor ii the following annnerr
Fiict, Miss Mamie Steed with Mr.
George Hill, of Trinity; then fol
lowed Jthe bride and groom Miss
Bessie Hinshaw and Mr. Peace;,
then Miss Lena Hinshaw and Mr.
Euglish. Miss Kate Kearns, of
Asheboro, It. F. D. No. 2, N. C.,.
met the guests ai they came in. The
brides' costumm were gn y and blue
traveling suits with hats aud gloves
to match. The grooms wore con.
ventional black. After the cere
mony cake and fruits were Berved.
Then th happy couples received the '
best viuhes of tbe many friends assembled.
They left for High Point where
a mofct sumptuous dinner was served
at the home of their sister, Mrs.
George Slate, which all enjoyed very
much. The happy couples are
among the most popular of their
community and the nice presents at
test the high esteem in which they,
are held by their friends.
In Greensboro recently, John F. Ty
singer of Davidson county, and Miss
Cora Bell Bailey, of Guilford Co.
In Alamance county recently Mr.
J. C. Causey, of Guilford county
and Miss Mollie Richardson, of Ala- ,
mance.
Mr. D. W. Boston, of Thomas
ville was married during) the holi
days to Miss Dollie Brincefkld, of
Statesville.
Ou Sunday, Dec. 22nd, Miss Ada
Vewby to Ray Cranford. J. A,
Neighbors, J. P. officiating.
Married at the home of the offi- '
ci.:tiiisr justice in Ramseur, on the
22d tin) of December, 1907, Mr. E
A. Scntt, aud ilis Sadie Coward.
The ;room is an industrious
young man and has been running a
wagon, buggy and general repair
shop in Itaimeur f-r some time, and
is a son of James Scott, of Cheeks,
N. C.
The bride is a worthy and estima
ble young lady and daughter of Mr.
W. D. Coward, of Eamseur, N. C.
J.
Bailey Owen, on Friday, Decern
ber 20, at his home in Star, N. C.
The deceased formerly lived in
Moore county, and was nearly 80
years did when he died. He was a
good man and highly respected by
everybody. He leaves surviving a
wife. All of his property, consist
ing of bis home at Star and a farm
in Moore county, is left to the Bap
tist Female Univeisity in Raleigh
after the death of his wife. .
Recently near Mount Vernon
Springs "Buck" Marsh, aged 68
years, a Confederate soldier.
Mrs. Angeline Martin, wife of '
John Martin, and a daughter of the "'
late Wade Hurlev. of Montirnmem- h
county, died at her home a few ;
miles from Star on December 17th, J
aged about 70 years. X
Mr. J. x. Hall Appointed.
Mr. Joseph S. Hall, one of Rowan
countv's leadinc farmers has henn
appomteJ demonstrator of the Agri- :
cuitnrai department ot the Uovern- $
tnenc ana entered on nis duties Jan.
1st. Senator Overman secured the '
appointment. ,
Rev. J. W. Ingle writes us that
the quarterly conference for Uwhar
rie circuit at Salem will be January
4th. Also preaching at Oak Grove
Sunday Jan. 5th in tbe forenoon
and at Salem a. 3 o'clock in the
afternoon.
Railroad Building'.
North Carolina hnilr, 261 milps
of railroad during the last year and
the South built 3331 miles, more
than ever before in any one year.
Still Hut 'iff frni-nntiraM,i in