Newspapers / The Courier (Asheboro, N.C.) / Feb. 6, 1908, edition 1 / Page 1
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T She COURIER T5he COURIER J Advertising Columns f Bring Results. f Leads in Both News and JL Circulation. Issued Weekly. PRINCIPLES, NOT MEN. 4 $1.00 Pftr Year VOL XXXIII. ASHEBORO, N. C, THURSDAY, Febrtary 1908. No GOUR ER. TAFT AGAINST FIELD Forecast of Battle at National Con. ' vention. CONDITION OF THE UNITED STATES TREASURY. Review of Dangerous Republican Fi nance It la So Wonder that the Banker are Scared and Want Per mission to Issue Emergency Currency. Special Correspondence. Washington, D. 0., Feb. 3, 1908. Congress has virtually done noth , ing but talk for the past week, which menus that the leaders intend to standpar, pass lb appropriation bills and go tiume to look after their fences. It may be of interest, there fore, to investigate what is the pres. ent condition and the probable out come of the Republican factional fight. As iar us the nouiina.iou for president is concerned, it is Tuft against the Held, with Taft appar entlv well in the lead attbis writing The favorite sohs control their owu Btates with the following delegates: Knox, Pennsylvania 68, New Jersey 24, Delaware 6, U tal 9 Hughes, New York 78 Cannon, Illinois 54 Fairbanks, Indiana 30 La Follette, Wisconsin 2b' Total 286 As there are 992 delegates to the Republican Na' tonal Uonveunon, it will require 497 for a majority and the anti-Taft managers will need 211 more votes than those of the states above enumerated to nominate some o'.ber candidate, Berne of these favorite sons will get all or some of the delegates from other states, bat there is nothing certain about it yet. United Slates Senator M&rray Crane, of Massachu setts, is the manager of the Knox boom and is credited with having induced Uov, tiugnps to anuouuee himself as a caut idate, so as to pe. Tent President Roosevelt from on- trolliug the delegates from New York. Whether t-enator Crane can control the delegates from bis own state is a problem not yet settled Senator Lodge is master of ih Massachusetts Republican machine and althougb Senator Crane is more popular with the voters, the machine is perhaps too powerful to be uefeat- ed. bo Massachusetts is a doubtful quantity just yet. Since the Churchill reoomntenda tion for a Federal office in New Hampshire was nominated by Pres dent Roosevelt and was turned down bv the Senate at the iustance of the Senators from New Hampshire, there is a tight for delegate, and whether tlfe Senators will contr 1 or the Churchill faction cannot be stated, at this writing. If the Sena tors win, the delegates will suppurt Knox or Hughes, probably the lat ter for the hiBt few ballots- There is a factional tight raging in Iowa between the Allison and Cummins factions, with a co.-np'.ica tion of former Secretary Shaw at tempting to be a favorite son, but his late attempt t6 bieak into the ranks of the frenzied financiers of Wall Street will probably a3t as a St upper on his political ambition. West Virginia will be likely to send delegites controlled by Senator Elkins and opposed to Taft who will lie for Kuox when the balloting becomes really interesting. The balance of power between the Roosevelt-Taft aud the Knox Hughes factions will be in the hands of the delegates fruni the . Southern States. If they split up their votes Tat't may be defeated, but if the Administration controls the great majority of them the op. position will win. The situatioi in the South differs from former occa sions, for the Roosevelt plan of vir tually eliminating the negro vote and turning over all the patronage to a few selected lily. whites has an gered the darkey' leaders. That feeling has been made more bitter by the Brownsville- affair, which will also have its effect in some Northern stateswhere the negroes i re . numerous. This peculiar state of affairs may lead to some contesting delegations from Southern states and the fight be carried intj the convec tion. There is a chance for unparalleled corruption to play its part in the Republican conveution, for delegates from tto Southern States have usu j ally een in politics "for whaD there' was in t" with the federal offices counting as so mnch extra boodle to the winners. After long delay, Secretary Cor telyou sent to the Senate on Wed nesday his reply to the resolution of inquiry, adopted by the Senate weeks ago, on the financial transac tions of the Treasury dnnng the panic. The report does not by any means supply all, the information requested by the Senate, but Secre tary Cortelvou attempts to excul pate himseif and to show that all that was done, including the usue of bonds and certificates, was neces sary to stem the panic. Secretary Cortelyou virtually admits that he stretched and evaded, the law, but that he did not do if,' "willingly and would be glad to be relieved of it, ar. least in part by suitable legislation". Dangerous Republican l-'lnance. The condition of tha United States Treasury, according to the official statement for .January 23 sbowe.l that there was no ava lable cash to pay the cm rent demande on the government and that either the gold reserve, or the trust funr's, had been used to the extent i.f $3,240, 130, or from some other source not disclosed. Cm January 23d the important items of the statement were as foi lows: Available cash bulance $204,555,308 Of that amount there were: D posits in Na- tional Banks 210,782,014 I.i Philippine Treasury 3,048,013 $-'53,430,'J2G Balance 1 11,124,38: Br.t some of the items from which the balance is made consisted of th following, that could I ardly be con sidered available cash to pay the vouchers as presented: Silver bullion $3,648,912 Subsidiary silver coin 9,309,065 f ractioual currency 52 Minor coin 1,406,483 Total unavailable cash $14,364,512 With such a condition of th Treasury, how did the Treasurer of the Uui'ted StateB pay $2,010,000 ... I. t. it... ..na '..I a i. i... winuii me oiuciai m eiueut inr Jan uary 23d shows he did pay. Where did he get the money? when there whs an actual shortage ef $3,240,130 of cash, that could be used to pay vouchers, in the account known a the available cash balanc-. ll could not have paid out silver bullion or subsidiaiy silver coiu, or minor coin. Was the. gold reserve trenched up on, or was the trust funds drawn up ou to orevent Congress and the (ieo- ple fiom knowing, that although there were millions in the Treasury ou paper, there was actually a short age of available cash to pay the run ning expenses of, the government from day to day. No wonder the bankers are scared and want permission to issue emer gency curiency so tbey can repay to the ireasuTV, part at least, of th cash deposited with them. To make the financial affairs of the government more complicated the the receipts are falling behind the expenditures at the rate of about live millions a mourn, winch eon- pels the Treasury to demand part of the Cash loaned to the banks and if, at suspected, many accounts have been held up awaiting money in the treasury to pay them, this deficit will grow instead of decrease. i nis seems dangerously near gambling with the public fund It is very similar to what Banker Walsh did in Chicago, for wnich he has just been coavicted by a jury Even the totally unwarranted sale of Pan ami bonds and ths issue of Certificates of Indebtedness does not seem to have helped the Secretaryof the Treasury to crawl out of the hole that this liepubhcan policy of favor ing the National Banks has brought about. WILL ENLARGE POSTOFFICE. lew Lock Boxes to Ue Installed at ' Once. Postmistress E. B. McCain will enlarge the Asheboro pjstoffice building at once. It is learned that Mrs. McCain has purchased the building occupied by a barbershop adjoining the postoffice and will throw this into the postoffice. New Lock boxes have been ordered and will be installed at once. The postoffice natrons have for 8me. time realized the need of larger quarters and our people appreciate the action of our clever postin.stre in meeting the demand. NEWS IN BRIEF. Ben W. Edwards and Miss Etta Guuter, were married at Pleasant Garden last Wednesday. Mrs. A. N. Scott, of Mebane, died at Clear Water. Fla., laat week. Mrs. Scott formerly lived at Greens boro. The North Carolina Teachero' Assembly will bt held at Charlotte June Kith to 20th. "Rob" Staffoid, the well known base ball player, has beeu elected manager of the team at Danville. Chief Hay worth, of the police force of Lexingtan, has purchased a oioou nouna. Tho. Z. Pierce, brother of Mrs. W. M. Routh, died in Salisbury ou me uiguc ol January 30th. Vance Shoemaker, formerly of irtdcil comity, "bed at Spokane, Washington, last auudiy. Jen cadets have been expelled irom tUe Virginia Polytechnic In stitute, at Biacksbury, Va., for haz iug. After a lingering illness of sever. al mouths, Henry Scotr, a uative of Prussia, who has livedlu Statesville for many years, died on Jau. 30th Paul Sacage, colored, has been ai rested on the charge of setting fire to the residence of Daniel Lawreuce, at larqoro. , Thiee of High Point's furniture lactones resumed operation Mon- Uay. Ac the car factory fourteen Hotbuieu were laid ott. Capt. Fr sbee aud sou who sail a sloop from New hern to points on t ie Pamilico Sound were diowneu during a storm last Tuesday. . Ttoe oodles were found Friday. Kev. Win, G. Whitakar is nudei arrest at bpringfield. Ohio, for using tne u uited States Mails to defraud the public. The complain ant is the Postmaster at Asheville, While Bob McNeely and his sons were awav from home on a visit some one brose in his house aud s ole some clothing and other ar. tides near Amitv in l.edell couuty one day last week. The Wah-Roe Ilosieiy Mills, at lartioro, which w8 recently pur chased by Messers Wilson and Daw son, has resumed operation. The mill has a capacity i.f 500 pairs of nose. V hi e ranmug shredder on bJs farm near Salisbury, John. F. Lud wick, a popular citizeu of Rowan, caught his right hand in the ma chine and it was badly mutilated. Three fingers were amputated. A fire at Morehead City last Friday night destroyed the post- office, and fourteen other business houses aud residences. The dam ae is placed at $30,000, with some insurance. O. L. Fisher, of Winston Salem. has purchased the business of Pen n v Bros. & Co., ut Greensboro and will continue the business under the nam" of the Greensboro Torse and Mule Exchange. A fine pair of black horses belong ing to M. L. Jackson of Rowan county were electrocuted at raisbu- rv recently oy stepping on a live electric ire. The horses uiadeone of the best teams in the county. Mrs. Eliz ibeth R. Yow, of Thorn- asville, died of pneumonia on Sat urday morning last. She is surviv- el by three children Mrs. Lm Leach, of Ihomasville: Mr. Geo. II. Yow, of Thomasville, and Mr. S. G. Yow, of Bloomingdale, Ind. The homes of three prominent citizens of Statesville were broken into one night last week. The rob bers got a pocket book aul $3.00 in money and a gold watch at Mr. Wade HalHson's; - at Dr. C. B. Motts they got a Parker shot gun. At Mr. J. R. Morrison's the thief was discovered and ran before get ting anything. A heavy cyclone passed over the Southern part of Mississippi last Friday. The cyclone passed hrough Georgetown, Martinsville and Center foint, where m.tuv homes were destroyed. The people were warned of the danger, but pWen vorn killwl Tho dimn.ro fr eleven were hilled, l he damage to property was heavy. THE NEW RATE LAW Full Text of Act Bearing on Pas sengei Rate. CORPORATION COMMISSION RE CEIVFS . NO POWER. newewoitlie Itullroad Legislation ol uiei.eneral Assembly ol the state Con venea in l.xtraorUinary Nessiun of Value to the State. (The Legislature adjourned at 2 uv- uun on ms'j oaturuuv. the rail rad rate b.ll, us pasted, changes h Hit rate of 2 1 4 cents to 2 1 2 cell's mere is no reference to mileage oouks or a inousaiul miles at 2 centr or mileage o? 500 miles at 2 1 ceu. s, Out it is uudtrstuod that the railroads will put ou sale these mile Jge uooK8 by the hrt of April, the lime when the new law vo int effect, theehy earning out the'i agreement with the Governor und his com, oil. liie on: to prevent the merger of -aiahel competing lines of railroads was ptssed lo kei') large railroad syst-ins Irom shallowing up wiakei systems. If we had h;id such a U as this w hen the old YadKiu Valh itaiiroad was dismem'jeicl aud the part below Sanford taken by the Atlantic toast Liu? and the part aooe cariior.i ry tne Southern lai road, it would have been veil; foi then thut great system from the iu..unTa:ns to the sea wou d not have bren cut into ami niiif taken by one roio ami nit by another, and th interests of the people of the state theieoy greatly injured. 1 he pis Sige of this one measuie aloug in the ugnc or events which illumine nu in -lie horizon will be woith more to the state than Several tims the cost of the' special session of the general assembly. The Senate paesed, but the Iloust defeated the bill to allow wives to testify agaiiibt husbands in certaiu slander and otier cases. This bill. while it was meritorious, was gotten o'r at the instance of attorneys for Mrs. i-utfou aud IJr. Mock, of Thomasville. The rate Lill ps passed cariies out the principles of the agreement be tween the Governor and his council of state and attorneys and railroads, bat it does not leave the change ol tne passenger rates to the corpora tion commission after next January. ine law is enacted now, the mat ter being left as the State L?g sla tureurran id it. under the law of the land there can be no taking the rate question into the Federal courts. There would have he-n provision made for mileage hooks at 2 cents a mile h:id it not been for s ime of the more, cautious and caie ful iiu nibers, who thought, that stab provision might be unconstitunonal and cau.e endless litigation. It w is nnallv determined to leav; :he. qnes tion uf mileage books to the rail roads, relying upon them to i-arrv the solemn, linn, binding agree ment which thi-v h id made with the Governor and his ,:ojneil ot ata e The Rate Hill. That no railr Sciion 1 loiii'' Imm;h mpany loiiion can ler ol lia-. eniieM III tup Huti- of Norm Carolina shall nani-, ii an. I nr r cn-ive lor tnuisi..irli:in iny ia-isciiu r ami nu nr lier hu tii-.m . u t exceeding i.i weight to IihuJmm p.iu.-nU, from any Malion m iis lailr, ml in Nu-i h ('m-. olina lo iniv o-ln-r lnti.jn on its railma-l in Norlh Carolina :i rale in fxe -ss i,l 2 1 2 c-Biila K-r mile, mi-l lor transnortn g eliild ler 1 years and over .i vears ot a''.- o lihll ol il.i- rale aliove r kc-i ilii-il, unit for traiHp-ali.ig i-lnlilivn un.lcr liv. pni, m- oiniiained by unv person iiaviru tare, no rbari; whatever hhall be in J.-: Provid cl. that wherr the ainonnt of the lii-l el at Mhe preaeribed rale would amount to any limine lietwi-en two muliiijlcs of live, llie nriee ol til ticket shall lie the multiple uf live which ia nearest the piicfo of the lieket at the rale abov mentioned, or in iho event that t he amount ia equi-dilant Ix-iween two multi ples of five, the price charged for the ticket suall be on the binia of the liifliei- of these two multiples of five: Provided further, that no charge of less than leu cents shall be re- quir d; Provided further, that indeiioud eutly owned and operated rai road companies in cvortn l Brolm whose mileage of road in said State is one hundred miles or less may harse a rate not exceedinc three (3) cents per mile: Provided furtherthat indeeml ently owned and operated railroad compa nies in North Carolina whose mi eagn of road in said State is one hundred miles or less may charj a rate not exceeding three (3) cents per mil:. Provided further, that independently ownfid and operated railroad companies in North Carolina, whose mileage of ro d in said State is Nil miles or less may charge the same rate which is now in exist ence on said roads This provision shall nn ext iiul to branch li ies of railroad com j paniea contrcll'ng over one hundred miles of ,u.i ...k.i, l .... .( .i. . nwd. whether chart ml in nr nt r n. Slute; bIho. that new y constructed railroads "r l,e P",on ranroauswhicnnny ix- con- slruc, 8n;l" no exem pt irom me osmiums ,)f thit aol for two Vt,ar af(er c01llll(.tiimi , the extfut tbut they may charge a rate in no case to exc-ed three cents per mile A charge of hfteen cents may lie added the iare ot any passengi r when the same is paid on the train, if the ticket might have been yrucureu wiinin a reasonable length of tinv before the 'eparture of the train. mat the North Carolina Corporation Commission, its employees and assistants, shall have no authoriiy'to fix, chnnge. or to in any manner enforce the provisions of this act fixing the passenger diaries on railroads ai j i- cenis per mile, or to lix. change, or in any manner enforce the rates -rmitled to be eh, rged by this act ...And the North Carolina Corporation Commission, its em ployees and us-istants shall have no power or niilhoriiy to change the amount of hug gage which is prescrilied by this uet shall h can ied by eacn passenger, free of charge; an I shall hav- n i power to enforce the )ien allies provide, fur in section 4 of this net Seyiiou 2. In the case that any railroad company operating as a co nuion carrier of passengers ill the Slate nf Nnh Carolina is owned conlrulled, or iierated by lease or othdragrei ment by any other railroad com pany doing business in llie State, il.e rale lor carrying passengers therein as prescribed by this act sba I lie determined for said rail road conipmv by the late proseri'ieil hy this act for the ruilroad company which owns, coutr i's or operates the same. iScc'iou 3. That any niln ad comj anv vio luting any nr the piuvisious of this act, or c unselling, ordering or direc ing any em ployee, gent or servai.t to violate any pio visions of I i 1 1 s act by charging, demanding, or receiving any rate greater than I hat lixe i by this net shall be guilty of a inisdeinean o -, and on conviction l lined not less than $50,1 and not more than 3,0011; ami any agent, servant or employee of anv railroad coinpim who shall violate this act hhall be guihy of u misdemeanor, and on conviction aha 1 he imprisoned, or lined, or bo'.h, in the liscrehon of theco..rt. Seciioii 4 That anv person or persons. except those periuitl- d by law, who accept iree transportation shall be guilty or a nns lenieauor, an I ou couvic ion shall lie fined or I'liprisoned, or both, in the discr- tion of the con- ; nnd an r.iilioad or its emvlojees or "B giving Iree trim porlation of any kind whai- er, i xcept that iermitied by law, shall lie guilty of a misdemeanor, and n convic ion, shall lie lined u t less than 500 nor more than If Z.UIIU lor each olleuse. Sec.ioii 5 That an act entitled "An act presci iiiing the m-ixitnum charges railroads may ma e for transporting passengers in Morlli i arolir,," ratified on the 2nd d iy of Mar.'h. I!) i", b - i.nd i . h -reby repealed. Section (5. That no railroad company, or ag"ht, servant, or i m loyee of !auv r .il i ai company, shall lie held liable to any person or found guilty of any off-nse in any aciion, civil or criminal, whether heretofore or here afier inaiituted or liegun, by reason of any thing done or attempted to be done in viola tion of said act mentioned in the preceding secih.n hereof, or i f any provision there f. S.-ction 7. That section 2018 of the Ke visal of 11105 is heieby repealed and all laws aud clauses of laws ia cjnllict with this act are hereby repealed. X'iou 8 That this act shall be in force from a id fter April 1st, 1908. ' WHITNEY REDUCTION COM- PANY FAILS. Kecelver Appointed by Judge Pi-Jteuard at Asheville. Upon petition of A. O. Hrown & Co., of New York. Judse J. (J. Pritchard has appointed Col. John S. lleiidei son, of Salisbury, receiver of the Whitnev Reduction Co.. which cone irn ii building a mam moth power plant at Whitney on the Yadkit . The company is capi tilized at $10,000,000. It is al eged that f 5,000 0 10 haj been ex pended on tie pan 'That it has obligations to the amount of if 5,000, 000 in notes and bonds, and on May 1st an interest item ot $150,000 will ma ure in the payment if which the company will d-'autt. Col. Heiiileis in will continue the work of development for the crei'it- o:s. further than tins Col. llen- lerson has .n i le no ettteuient. WORK OF ASSA-SINS. Ituvaltlcs of l'nrlll 1 Attacked:--Mile and t'roviu lillrc killed. King Carlos and the Crown iii C of 'oi tupal wen ii.-.sas.-iiiate-l l ist Saturday wtnl j-etuming to th roval p il ;t;i-. Tne royal carri ige was attacked bv a mob heavily armed. Three of the mob were killed nnd three were arrested. I This is believid to be the beginning I oi a revolution, which his tor its end the overthrow of the throne and the estab'ishment of a repub lic. 'I h" feeling of unrest has tx- isted for months. Smith Brothers In Jail. Frank and Fletcher Smith, broth ers of Jim Smith, of Smithtown, are in jail at Greensboro, charged with distilling, a id the government believes them valuable witneses gainst their bro her who is charged with killiug Deputy Collector J-W. Hendrix. The Smith boys were arrested in North Dakota, just after they"shot up" the town of Stanley. I '. I wood Cox for Governor. It is said that J. El wood Cox, a lea-ling citizen of Ilip-h Po'nt, will be the next candidate on the Repub lican ticket for governor ef North Carol iu a. BIG MATINEE TODAY"" Afternoon Session of the Fiddlers' Convention. MORE THAN SIXTY WILL PAR TICIPATE. Crowd Expected Tonight Matinee Tills Afternoon for the Benefit of the Clilklreu Hear the Geography Chut. The managers of the Fiddlers' Con vention 'have d-cided to ejve a matinee performance at the Graded .School Anditorium this afternoon from three urtil four o'clock. This airaugeinent is made for the benefit uf the children and others who will not be able to attend the uight per-formiini-e. The Geography chant win also be a feature audi every qlnld should heir it. FIDDLERS' CONVENTION. Music of the Old Tlnu f :e.irrnh- t'liant A IMg Time for All. The Fiddlers' Convention will be held at the onu'ed school buildine touight. The convention opens at 7 o'clock, sharp, nd promises to be the most interesting and amusine performance ever held in this sec tion. The program is varied, aud will introduce the riddle, oigan, banjo, and other instruments, besides the "Geography Chant" bv Prof. Wm. Stevenson, a teacher of the old school, and who has taught school in Randolph county for half a cen tury. Many who have heard Mr. Stevenson declare this to be a treat in itself. There are enrolled more than fifty fiddlers, who are recognized masters of the bow in this section, and those who fail to attend the convention will regret it. The admission is 25 aud 50 cents and the proceeds will be turned over to the Woman's Betterment As sociation. ASHEBORO A RESORT. Will fie Made l-'amous l-or Its Valuable Mineral Watc-r. Several weeks ago the Courier noted the discovery of a mineral spring on the property of Cap;. A. E. Bums in North Asheboro. Mr. Burns secured a paitial analysis of the water which disclosed" mauy medicinal properties many people visited the spring aud several who felt tne need of mineral water hrou6h cunoaity, uok some of the water home with them. They were benfiit.'d and since the water his become more popular. The State chemist declares it the lightest water now ou record. Mr. Burns has opened the spring tj the people of the town and it is said that nearly five hundred people are using the water in Asheboro, and are being benefited. It has beeu suggested to Mr. Burns that he erect a hotel und cottages on the plaee,whicu would acocmmodate summer tourists, and ttdvei tise it as a resort. The fame of the springs has ulieady penetrated the Pied oo:it tci-tio:i of the stu'e and per sons in Asheboro, High Point and Salisbmy have made inquiries, learn ing that a lesort has been suggested. There is little don'jt that Ashebo ro will soon be recognized as the best watering place in the State. The chemicals in the water are bl.-nded in such a wily us not to vitiaie the taste, but it is cool, pala taiie and refreshing. It is a great , l id to the digestive lluids of the 8' si in. increases the itietiie. irives strength to the bj.ly and is ctu talk of the town. WANT GRADED SCHOOL. People of Liberty Will Ask to Hold an I '.lection. The people of Liberty seem de termined to have a graded school. County Superintendent E. G. Col trane returned from ther- Monday and reports that it is a question of ouly a short time before the matter will be settled. It is expected that the people of Liberty will petition the board of education to call an election in the district for the pur pose of voting a special tax to ereot and maintam the institution. While the pi ins have not fully matured it lias been suggested with favor that the build in? be of mod ern design, and built of brick at a cost of not less than $7,000.
The Courier (Asheboro, N.C.)
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Feb. 6, 1908, edition 1
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