Newspapers / The Democratic Banner (Dunn, … / Dec. 11, 1895, edition 1 / Page 1
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GAnAM& Pittman, Proprietors. "PROVE ALL THINGS AND HOLD FA8T TO THAT WHICH IS GOOD." - : 1 $1.00 Prr . Yenr In Advance. , V0L' Y' DUNN, N O., WEDNESDAY, DECEMBER 11, 1895 NO. 48. I ' i m Z ! " 1 1 1 i THE PRESIDENT'S MESSAGE. fOKKKi-N AFFAIRS DISCUSSKD. i)ur Relations "With England The Cul'ua Insurrection and American Massacres, etc. Oli Tuesday at noon the long-expected Message from President Cleveland whs .li ml before Congress. The doc un.' r. t was very lengthy, but below v. ill he found its salient points: 1 -'.f Congress of the United States: ' The present aBsemblage of the legis lative branch of our government occurs r.t ;i time when the interests of our foj-le and the needs of the country five to the condition of oar foreign r. lutjons and the exigencies of 'our rational finances special importance. The reports of the heads of the n vetul administration departments of the yovxTument fully and plainly ex hibit v.hat has been accomplished vitLin the ecope of their respective fhuicts, find jresent euch recommenda tions for the betterment of our conn tiy's condition as patiiotic and intelli . :A labor and observation suggest. After reviewing in a general way the reports referred to the Presidents pro- Cf-ils. The resumption of 6pecie payments l y C'Lili is a type of great interest and importance both in its direct conse q :i i!ces upon her own welfare, and as an tvi iciice of the ascendency of sound fim iicial principles in one of the most i:.:l.:'--ntiul of the South American re- I .;ie xleasr;re in calling to your at t ition the encomiums bestowed on ttws'e vessels of our new navy which ! vk part in the notable ceremony of the Kiel Canal. Oar relations with Great Britian, al ways intimate and important, have de m uiilcd during the pot year even a reittL-r share of consideration than is i!'u!il. Several vexatious questions y. 1 1 e l. ft undetermined by the decision ; i tho Behriug Sea arbitration tribunal. The iipplieution of the principles laid .! .wu by that august body has not been followed by the results they were in ttnued to aecomplifch, because their ex eeuiicn has been raore or less imperfect. The understanding by which the Fniteil States was to pay and Great Critian to receive a lump sum of -ii-VJOO in full settlement of all Brit ia claims for damages arising from our seizure of British sealing vessels muthorized under tho award of the puri.-h tribunal of arbitration was not confirmed by the lust Congress, which declined to make the necessary appro priation. I am still of the opinion that this arrangement was a judicious and advantageous one for the Government, i ud I earnestly recommend that it be considered and sanctioned. 4 Not withstanding that Great Britain origi liute l thc proposal to enforce interua tioictl rules, for the prevention of col lision:? at sea. " VENEZUELA EOOTABI DISPUTE. it Leiuy apparent that tho1 boundary dis p:;;e between Great Britain and the Eepub ii ' of Venezuela concerning the limits of r.:iiit''a Guiana was approaching an acuto a di jlnit statement of interest and 1 ;! of the United States as regards the litr-jyers-y seamed to be required both on i's own account aud in view of its relations -viti tif fiiendly powers directly concerned. i.! .nily last, therefore, a dispatch was ad :r ;.-f d to cur embassador nt London for -::!! aiuuication to the Lritish povcrnment.ia 'vliK-Ii the attitude of the United States was fully cad distinctly set forth. Tho'-general t v!M-iHsivDS theroiti reached and formulated utv in sul ptaaeo that tho traditional and i .- :'-;ished policy cf this government is !n ::;ly opposed to a forcible increase by any LurJpeau power of its territorial possessions ( :i this continent"; that this policy is as well uu-h d ia principle as it is strongly sup 1 rted by numerous precedents; that as a .-i-.-equvncethe Uuiteil States Is bound to i r. t .-r aairst th enlargement of tho area i llriti-h Guiana in derogation of the rights 1 a-raiii-i will of Venezuela; tho territorial '!- ute between theui can bo reasonably set t: 1 only by friendly and impartial arbitration, and that the resort to such arbitration should ;:!;;; de tho whole controversy aud is not sat-i.-:i -il if one of tho powers concerned is per mitted to draw an arbitrary Una through tho t-rntory in debate and to declare that it will fu.aUt to arbitration only the portion lying ix cue side of it. In view, of these conclus ions, the. dispatch in question called upon th- British government for a definite answer ! the question whether it vould or would !ut submit the territory controversy between u.-eif and Venezuela in its entirety to impar tial arbitration. The answer of tho British government has not yet been received, but is expected shortly, when further communi- rr.i.n on the subject will probably be made to the Congress. THE CUBAN IXSCRBECTIOJf. Cuba is again gravely disturbed. An in- euireetioDr hi some respects more active than the last preeeeding revolt, which con tinued from to 1S7S, now exists in a; large part of the eastern interior of the Is laud menacing even some population on the' eo;;st, besides deranging the commercial ex-! change of the Island of which our country", takes the predominant share. This flagrant1 condition of hostility by arousing sentimental; sympathy and inciting adventurous support nmong our people has entailed earnest effort fn the part of this government to enforce obedience- to our neutrality laws and to pre sent the territory of the United States from U-ing abused as a vantage ground from which to aid these in arms against Spanish; sovereignty. "Whatever may bo the tradi tional svrftpathy of our countrymen as indi viduals the plain duty of their government is to observe good faith in tho recognized ob ligations of internal relationship. AEMEXIAX MASSACKES. Occurrences ia Turkey have continued to exi-ite concern. The reported massacres of Christians in.Wmenia and the development there ajid in other districts of a spirit of fa E.ui j hostility to Christian influences natur-j ally excited apprehension for tho safety op the devoted men and women, who, as de-i jendeuls of the foreign missionary societies; lu the United States, reside in Turkey underj the guarantee of law aud usage and In tho1 legitimate performance of their educational' find religious mission. No efforts have been! scared in their behalf, and their protection fa person and property has been earnestly, fiiid vigorously enforced by every means' within ur power, Reference is made to the extension of the ci-.il service rules to certain consular ap pointments 4 then follows: OCR nSASCIAL BITCATIOX. As we turn from a review of our foreign relations to the contemplation of our nation al financial situation we are immediately aware that we approach a subject of domes tic concern more important than any other that can engage pur attention, and one at present in $uch a perplexing and delicate predicament as to require prompt and wise treatment. By command of the people a customs reve nue system, designed fbr the protection and benefit of favored classes at the expense of the great masses of our countrymen, and which, while Inefficient for the purpose of revenue, curtailed our trade relations and impeded our entrance to the markets of the world, has been supersceded by a tariff policy, which in principle is based upon a denial of the right of the government to obstruct the avenues to our peoples' cheap living or lessen their comfort and content ment, for the sake of according especial ad vantages to favorites, and which, while encouraging our interior and trade with other nations, recognizes the fact that Ameri can self-reliance, thrift, and ingenuity can build up our country's industries and develop its resources more surely than an enervating paternalism in February, 1695, therefore, the situation was exceedingly critical. The results of prior bond issues had been exceedingly unsatisfactory, and the large withdrawals of gold immediately succeeding to their public sale in open market gave rise to a reasonable suspicion that a large rart of the gold paid into the treasury upon such sales was promptly drawn out again by the presentation of United States notes or treas ury notes and found its way to the hands of those who had only temporarily parted with it in the purchase of bonds. The message then takes up the repeal of the" silver purchase clause, says it under mined confidence and produced the panic. The history of the issue and partial redemp tion of United States notes is given at length. GOLD EE3EBVE. Stress Is laid on the Importance of the gold reserve. Loss of gold is attributed to the existence of Treasury notes? The rise and fall of the reserve is followed, and the histo ry of the bond Issues, matters that are fami liar to our readers, aro rehearsed in detail. Then follows a history of the contract with tho bond syndicat e. "I have never ha t the slightest misgiving concerning the wisdom or propriety of this arrangement." As to further gold withdrawals it says: Quito largu withdrawals for shipment in the immediate f utu.-o are predicted in well in formed quarters. About $16,000,000 ha3 been withdrawn during the month of Novem ber. The foregoing statement of counts and condition, develops .the fact that after in creasing our interest bearing bonded indebt edness more than $162,000,000 to save our gold reserve, we are nearly where we started, having now in such reserve $79,333.CuG, as against G5,433,377 in Feb. 1804, when the Orst bonds were issued. The government has- paid in gold more than nine-tenths of its United States notes and still owes them all. It-has paid in geld about one-half of its notes given lor silver purchas s without extinguishing by such I ayment one dollar of these notes. The government has incurred a bonded indebt edness of 495,500,000 in establishing a gold reserve, and of 5:162,315,400 ia efforts to maintain it. j fAVOr.S RETIREMENT OF GREENBACKS. Trouble is found in the retirement and can cellation of our United States notes, common ly called greenbacks, and the outstanding treasury notes issued by the' government in payment of silver purchase's under the act of lS'JO. ! I believe this could be quite readily accom plished by the exchange of these notes for United States bonds of small as well as large denominations, bearing a low rate of inter est., i The currency withdrawn by the retirement of tho United States notes and treasury notes, amounting to probably less tha n $480,000,000, might be supplied by such geld as would be used on their retirement or by an increase in the circulation of our national banks. I think they should be allowed to issue cir culation equal to the par value of the bonds they deposit to secure it, and that the tax o their circulation should bo reduced to i n'e tourth of 00 per cent., which would un doubtedly meet all tho expense the govern ment incurs on their account. ' In a general way the President proceeds to intimate that the establishment of State banks may be a necessity. As to silver coin age, ho says : I do not overlook the fact that the cancella tion of the treasury notes issued under the silver purchasing act of 1890 would leave the treasury in the actual ownership of sufficient silver including seigniorage to coin nearly $178,000,000 in standard dollars. It is worthy of consideration whether this might not, from time to time, be converted into dollars or fractional coin and slowly put into circu lation as in the judgment of the Secretary of the Treasury the necessities of the coun try should require. BIMETALLISM IMPOSSIBLE. No government, no human contrivance or act of legislation, has ever been able to hold the two metals together in free coinage at a ratio appreciably different from that whi:h is established n the markets of the world, Those who believe that our independent free coinage of silver at an artificial ratio with gold of 16 to 1 would restore the parity be tween the metals, and consequently between the coins, oppose an unsupported and im probable theory to the general belief and practice of other nations, and to tho teach ing of the wisest statesmen and economist of the world, both in the past and present. The President then went on to argue the Impractabiiity of bimetalism, upheld the croid standard as the only true means of value, holding that "it does not despise silver nor seek its banishment," and that "such a standard also gives free scope for the use and expansion of safe and conservative credit." He urges the advocates of free coinage of silver to re-examine their views and beliefs in the light of patriotic reason and familiar experience, and to weigh again and again the consequences of such legislation as their efforts have invited. Even-the continued agitation of the subject adds greatly to the difficulties of a dangerous financial situation already forced upon us. In conclusion I especially entreat the peo ple's representatives in the Congress, who are charged with the responsibility of inaugura ting measures for the safety and prosperity of our common country to promptly and ef fectively consider the ills of our critical fi nancial plight. I have suggested a remedy which my judgment approves. I desire, however, to assure the Congress that I am prepared to co-operate with them in perfecting any other measure promising thorough and practical relif, and that I will gladly labor with them in every patriotic en deavor to further the interests and guard the welfare of our countrymen whom in our re spective places of duty we have undertaken to serve. j Chilean Finances in Good Conditioi The financial situation of Chile is highly satisfactory according to the recent message of 'President Montt to the Chambers. jThe expenses in 1S04 amounted to 7S,4S2,000 pesos. The receipts produced 04,042,000 pesos, which shows an excess of 10.60S.000. It is also estimated that under ordi nary circumstances the financial ex ercise of 1S0G will close with a surplus of about 13,000,000 pesos. The produc tion of nitrate, the most Important ar ticle of Chilean exports, which reached In 1S93 20-.GG5.161 Spanish quintals has amounted: in 1S94 to 23,S10,2S3 quin tals. The "whole commercial move ment in 1S94 was represented by 126, 524,030 pesos In value, 54,483,610 being for Importation and 72,040,420 pesos for exportation. 2sew York Tribune. NORTH STATE CULLINGS; OCCURRENCES WORTH' NOTING FR03I ALIj OVER THE STATE. Farmers' Institutes. The State Board of Agriculture has decided that the holding of farmers' institutes shall begin in January and continue during that month and Feb ruary, bo ts to reach the farmers at a time when they are not busy on their farms. Just as many institutes as pos eibe will be held within the two months. It i3 ordered that a new Handbook of the State shall be issued; far more complete than any previous one. It will be prepared by Commis sioner Patterson, T. K. Brnner and H. B. Battle. A special vote of thanks was tendered theSeaboard Air Line for for its co-operation with tho board in furnishing free transportation to the persons who hold farmers' institute?, and also for its hearty cy-operation with tho board in the f utherance of the immigration work. The work of Commissioner Patterson in holding in stitutes was heartily applauded. Death In a Well in Alamance. News has been received qf the killing of Mr. Will P. Summers, a hard-working farmer, in the northwestern part of Alamance county, Wednesday after noon, by a well's caving in on him. A large chunk of rock and earth fell on him at a depth of about 30 feet, ter ribly mangling his body. After being rescued he came to consciousness, but lived only a few minutes. He leaves a wife aud eight children, the youngest an infant. Southern Railway Indicted, The Southern Bailway Company was defendant in Justice Deaver's court, at Acheville Wednesday, charged with running freight trains on Sunday, and was bound over to court in a bond of 1,000. Several employees of the company, charged with working on Sunday, filed a demurrer which was overruled and the defendants appealed. Cleveland In North Carolina. President Cleveland left Washington Thursday night on the light-house ten der, Maple, to recuperate from the 6train he has been under in.the prepar ation of his message to Coflgress and on a hunting trip through the .North "Carolina sounds. With him were Dr. OVReilly, Commander George F. Wilde, naval secretary of the light house board and comander Benjamin P. Lambertbn, in charge of the light house district comprising the sounds. - School Superintendents to 3Ieet. The North Carolina School Superin tendent's Association will meet in Ral eigh, Thursday evening, December 26, 1895. Superintendence. W. Toms, of Durham, is President of the Associa tion. There are eighteen graded school superintendents in North Caro lina and the attendance at the ap proaching meeting promises to be larger than usual. The xerogram will be an interesting one. STATE NEWS DOTS. A bank at Washington, N. CMj de posited $5,000 in gold . in the U.: S. Treasury on Thursday. . ' Tho City Board of Tax Equalization of Raleigh reports an increased valua tion of $02,000. Dr. R. L. Payne,-of Lexington, will move to Norfolk, Ya., to accept a posi tion with a tine salary attached. The Sun says sufficient wafer pro tection is now a quefetion - in Durham. It favors municipal ownership of water and light. ' Mayor Fishblate, of Wilmington, has resigned, and the board of " aldermen has elected .Alderman Harris his suc cessor. : : ." In a nail keg in the store of William Alderman, of Harrison's Creek, Pen der county, was found, a few days ago, $i00 in gold and $10 in silver. The Governor orders a special term of Person Superior Court for the trial of civil cases to begin July 6th, Judge Starbnck to preside. The Tyson : Jones Buggy Company, of Carthage, were awarded the first medal at the Atlanta Exposition last week for the best all-round exhibit of vehicles. George Costello, whose real name was George Loughlin, and who was a noted trapeze performer in Sell's cir cus, and who was killed by a fall from a train in Georgia, was a resident of Henderson, and was very popular. He was to have been married soon to the "strong woman" of the circus, of New Orleans. . State Treasurer Worth has notified the legislative joint committee to meet December loth, to inspect the books, vouchers, etc., in his office and in that of the State Auditor. The committee is composed of Senators W. H. Farth ing and C. W. .Mitchell, aDd Repre sentatived A. F. Hileman, W. R. Ellis and D. R. Julian. Governor Carr offers $200 reward for the apprehension of Sam Newland, of Lenoir, Caldwell county, for the mur der of Frank Steelmsn. He shot the latter dead, although Steelman on his knees prayed for mercy. Newlaud's friends say Steelman had made threats that ho would kill him and several other men. Robert Watkinp, a married man 27 years old, was fonnd frozen to death in his wagon near Hay Meadow, Wilkes county, Tuesday morning. He had been over the mountains with a load of produce. When found he was sitting in the wagon, his feet on the double tree and his Lead leaning against the side of the wagon. THE ANXIETY OVER. The Methodist Preachers' Homes for - the Next Year. Bishop Duucan presided over the Conference which met at Reidsville last week. The Bishop, just before the final adjournment announced THS APPOINTMNTS. Greensboro District. P. J. Carraway, Presiding Elder. Greensboro, West Market Street J.' H. Weaver. Greensboro, Centenary J. E. Gay. Greensboro circuit W. S. Hales. Reidsville station L. W. Crawford. RufSn circuit J. B. Tabor.' Wentworth circuit J. M. Price. Jamestown circuit J. A, B. Fry. Pleasant Garden circuit S. T Barber. High Point station S. H. Hilliard. . Kandleman station J. E. Woosley. Asheboro station A. A. Crater. : Ramseur circuit If. H. Jordan. Randolph circuit--R. S. Webb. Uwharrie circuit J. J. Brooks. East Uwharrie circuit J.'W. Trinity High School T. A. Head Master. Strider. Smoot, N. C. Christian Advocate P. L. Groom, editor. Asheboro High School G. H.- Crowell, principal. Agent Trinity College A. -P. Tyer. WissTON District F. H. Wood, P. E. Winston, Centenaryrr-W. S. Creasy and A. W. Plyler. Winston, Burkhcad Q. D. Siamey. Winston, Grace W. M. Curtis. Winston circuit J. ll. Fitzgerald. Forsyth circuit M..C- Fields. Kerner3ville circuit W. GV Willson. Madison circuit C. F. Sherrill. Danbury circuit T." W. Marsfield. Stokes circuit M. H, Yestal, and S. H, Helsabeck, supernumerary. Davidson circuit D. H. Cowman. Zion and Prospect circuit J. H. Eades. Summerfield circuit B. A; York. Yadkinville circuit J. F. Craven. Mocksville station L. T. Warren. Mocksville circuit G. W. Hardison. Farmington circuit R. T. N. Stephen son. Transferred to the North Carolina Conference, E. W. Fox. Transferred to the Western Confer ence, J. II. Totten. Mt. Airy District. H. M. Blair, P. E. Mt. Airy station W. R. Barnett. Mt. Airy circuit J. P. Lanninp. Pilot Mountain circuit T. H. Pegram. Dobson circuit Nicholas Mallory. Elian and Jonesville station W. L. Sherrill. Wilkesboro circuit W. L Dawson. North Wilkesboro circuit S. P. Doug lass. Sparta circuit H. K. Boyer. . Jefferson circuit E. W. Dixon. Watauga circuit J. J. Burrus." Creston circuit Y'. S. C. Cherry. Boone circuit T. E. -Weaver. Statesviiae District J. C. Rowe, P. E. Statesville station D, Atkins and Jas. Willson, supernumerary. ' .. . . . . StatesvilK West E-2d.R:1S. Barrett. Statesville circuit J. O Shelly. Iredell circuit A. E. Wilev and L. H. Triplett. Mooresville station J. A. Bowles. McKendrie station R. G. Tuttle. Trouttnan circuit T. L. Triplett. Mount Zion station J. S Nelson. Rock Spring circuit J. T. Stover. Catawba circuit J. F. England. Newton circuit M. II. Hoyle. Hickory station F. L Townsead. Connelly Spnr.g3 circuit P. L. Terrell and R. S. Abernethy. Lenoir station T. A. Boon. Lenoir circuit L. M. Brower. Caldwell circuit Albert Sherrill. Alexander circuit C. C. Brothers. Salisbury District J. R. Scroegs, P. E. Salisbury, Church Street T. F. Marr. Salisbury, Chestnut Str;et Supplied by A. L. Coburn. Salisbury circuit E. G. Pusey. Woodleaf circuit P. E Parker. China Grove circuit W. M. Robbins. Concord, Central church R. H.Parker. Concord, Forest Hill M. A. Smith. Concord, Bays chapel J. R. Moose. Concord circuit W. H. L. McEaurin. Mt. Pleasant Gircuit M. D. Gile3. Salem circuit W. P. McGee. Norwood circuit T. S. Ellington. Albemarle circuit C. M Campbell. Gold Hill circuit C M. Gentry. Lexington station J. E Thompson. Linwood circuit L. L. Johnson. Thornasville station Ira Irwin. LShelbt District J. J. Renn, P. E. Shelby station C. G. Little. -Shelby circuit R. L. Ownbey. King's Mountain circuit J. D. Arnold. Gastonia station W. M. Bagby. McAdenvi!ie circuit M. T. Steele. Stanley circuit R. M. Taylor. Mt. Holly circuit G. W. Callahan. Mountain Island station S. M. Davis. Lincolnton circuit W. F. Womble. Lowesville circuit D. M. Litaker: CherrwiKe circuit J. P. Reynolds. South Fork circuit E M Merrltt. Bellwcod circuit A. R. Surratt. Polkville circuit J. A. Cook. Forest City circuit W. Legett. Henrietta station N. It Rfchatdson. Bessemer circuit J. W. Roberts. Bellwood High School J. P. Rogers, principal. Student at Yanderbilt University J. W. Clege. MorgaJi'ton District R. M. Hoyle, P. E. Morganton station W. H. Leith. Morganton circuit W. U Honeycutt. Table Rock circuit A. G. Gannt. Marion station T. J. Rodgers. Old Fort circuit J. Bj. Carpenter. McDowell circuit J. D. Gibson. Rutherfordton circuit G. A. Ivey. Broad River c:rcuit J..B. Carpenter. Green River circuit E. Myers. Burnsville circuit W. II.. Perry. Bakersville circuit E. J. P'oe. Elk Park circuit W. Y. Scales. Estatoe circuit L. L. Smith. North Cove circuit Supplied by M. L. Kaylor. Silver Creek mission E N. Crowder. Charlotte District 3. R Brooks, P.E. Charlotte, Tryon Street W. W. Bays. Charlotte, Trinity S. B. Turrentine. Charlotte, Church Street H. L Atkins. Charlotte.Brevard Street H.T.Hoover. Charlotte, Seversviile and city mission Supplied by J. F. Bull. Charlotte circuit R. S Howie. Clear Creek circuit R. F. Bryant. PineviUe circuit T. W. Smith. Sandy Ridge circuit Parker Holmes. Monroe station W. R. Ware. Monroe circuit J.,H. West. Wadesboro station T. P. Bonner, llorven circuit S. S. Gisque. Ansonville circuit J II. Moore. Polk ton circuit Supplied by B. F. Fincher. Lilesville circuit J. O. Postell. Matthews ciro i. Z. Paris. Waxhaw circuit T. T. Stiver: AsnEviLLE District C. W. Byrd, P. E. Asheville, Central church H. F.Creitz Asheville, North Asheville E. L. Ba i. Asheville, Haywood Street W. H. Willis. Asheville, Bethel and Biltmore J. M. Downum. Weaverville circuit L. E. Stacey. Sulphur Springs circuit J. A. Clark. Swannanoa, circuit G. F. Kirby. Leicester circuit L. T. Cordell. Cane Creek circuit J. A. Scronce. Saluda circuit J. A. Peeler. Hendergonville station J. W. Jones. Mills River circuit G. G. Harley. Brevard circuit L. A. Falls. Ivey cirpuit Y. L. Marsh. Hot Springs circuit M. D. Sasser. Spring Creek circuit T B. McCurdie. Marshill circuit H. C. Sprinkle. Asheville Female College James A.-. j kins, president. Fbakkuk District T. E. Wagg, P. E. I Franklin station D. F. Carver. Franklin circuit J. H. Bradley. 'Macon circuit R. B. Shelton. Waynesville station R..B. Sherrill. Waynesville and Bethel circuit W. M. Boring, and J. R. Long, supernume rary. Canton circuit W. G. Mallonee. Haywood circuit A. W. Jacob. West Haywood circuit J. C. Mock. Webster and Dillsboro station J. J. Gray. Glenville circuit Highland circuit T. B. Johnson. Cullowhee circuit R. L. Sprinkle. Whittier circuity J. W. Bowman. Bryson City station J. E. Abernethy. Hayesville circuit J. D. Buie. Murphy station J. II. Brindle. Andrews circuit T. F. Gibson. Hiwassee circuit To be supplied. Bethel Academy H. P. Bailey. FRANKL.INSVILL.E MILLS. Where Hunter, the Regulator, Made His Daring Ride Down a Precipice. The mills of the Franklinsviila Man ufacturing Company, situated on Deep river at Frauklinsville. Randolph county, were erected in 1846 and are among the banner mills of the State. On the opposite side of the river from this mill is what is known as "Faith Rock" down the steep, rugged slopes of which Hunter, the brave ' Reg ulator, rode in front of a band of ' Fanning's Tories. Fanning had left his foaming steed for a moment unguarded. ."Hunter came up, mount ed the horse and dashed away. "Catch tho scoundrel,-but save the horse," Fanning shouted to his Tory troops. Hunter approached -the precipice with the Tories in hot pursuit. . He looked neither to-the right nor to the leL-but putting, spnr.s to tho horse, bthThorse and rider glided down the precipice a hundred and fifty feet, descending at an angle of 40 degrees. Tho print of the horse's shoe can be seen on the rock to-day. The horses of the Tories, and thejtories themeelves faltered at the crest of the hill, while Hunter and his captured Tory nag escaped across the.river. And the brave deed has been often written and related. Hunter made history then, and dedi cated the spot to deeds of valor. The Moflitts, Russells, Parkses and others have during these past fifty years been making history also and re -dedicating- Frank linsville to deeds of industrial thrift and material progress. The Franklins ville Manufacturing Company is en gaged in the manufacture of warps and yarns and have a complete and thor ough machinery equipment. The company has also lorty bag looms and manufacture seamless :bags for the trade. This valuable property is owned by Messrs. Benjamin Moffitt, W. C. Russell, Hugh Parks, of Frank linsville, and Mrs. E. E. Moffitt, of Raleigb. The officers of the company aro Mr. Hugh Parks, president; Mr. Benjamin Moffitt, Secretary-Treasurer. The office force is augmented by those clever gentlemen, Messrs. W. C. Rus sell, Erastus Parks and Mr. Stewart, while eighty operatives find pleasant and profitable employment inside the mills. The Franklinsville mills' have been steadily at work for fifty years with but ou3 interruption, the mills being burned in 1851 and rebuilt in 1856. They have kept abreast of the industrial procession during these fifty years. They will not get behind even though the column moves with more rapid strides during tha next fifty years. Mr. Hngh Parks, the president, is a leading citizen and successful manufac turer and business man. For nine teen years Mr. Moffitt has been secre tary and treasurer of the corporation. He is as modest and unpretentious as he is capable and successful. He is well known as one of the first citizens of the county, upright, honorable, brave, discreet, charitable and sincere. His word is his boud. He has never had ambition to get rich, ambitious only to be successful in whatever he has undertaken. He has succeeded even beyond his laudable ambition, and his lifo is one of busy usefulness. The fine water power first suggested the location of a mill here. It makes tho cheapest power, aud is a factor in the success of tho Franklin Manufac turing Company. News .t Observer. THE DEBT STATEMENT. The Cash In the Treasury Decreased Two aiid a Half 31 ill ion Dollars During November. The Sinking Gold Reserve. The debt statement issued Monday shows a net increase is the public debt, less cash In the Treasury, during November, of $2, 016,502. The interest bearing debt increased $400. The non-Luterest bearing debt de creased $495,509, and cash in the Treasury decreased $2,541,611. The balance of the several classes of debt at the close of busi ness November 30th were: Interest t.earinpr debt 747,301,960; debt on wbich interest has ceased Bipoe matur ity $1,676,150; debt bearing no inter est 37615,7; total 1,125,&83,I97. The certilietos and Treasury notes offset by an eqmd amount of cash in the . Treasury outstaadinsrat the end of tho month were: ib$2,7,6T3, a decreaso of 53,115.030. The total caj,h in tho Treasury was $10,120,622. TheKoId re.serve was $79,332,966. Net cash balance $93,072,420. In the month there was a decrease ia gold coin and bars of 13, 792,892. the total at the close being $129,567, 945. Of silver t here was a decrease of i 518, 397. Of the surplus there was in nationai bank depositories 14,403,303 against 314, 256,69 at the end ol the preceding month. I .11 LATEST NEWS IN BRIEF. GLEANINGS FROM MANY POINTS. Important Happenings, Both Home and Foreign, Briefly! Told. Newsy Southern Notes. The Aew Orleans grand jury have indicted a number of persons for thei alleged forming of a -cracker trust. j John Sharp, a painter, j was fonnd frozen to death near Huntington, W. Va., "Wednesday, The cold,there was! intense. I CoL John G. Cullman,' the most noted German in Alabama, died at Montgomery Tuesday. He brought! one thousand thrifty families to that State from his native country. At Atlanta, Ga., Wednesday the Na tional Aesociatkm of Accident Insur ance Underwriters re-elected Benj. J. JLyer, -oj .Boston, president. The as-i sociatipn. will meet next June in Utica, N. Y. ; . j ' The pafssnger train on ;the Savan4 nah, Florida & Western; Railway from Atlanta was wrecked 15 miles north of Jacksonville Wednesdavi night. A large number of passengers were in jured. M. M. McLeod, of Jackson, Miss. a delegate to the colored Grand Lodge in session at Aberde- n, Miss., dropped dead on the street there Tuesday from heart disease. He was the most prom inent colored lawyer inl Mississippi and was highly esteemed 1 by. the bar and white citizens generally. The South Carolina Cbnstitutiona Convention adjourned oh Wednesday night sine die. , The convention was in session almost three months. Quite a number of changes were mWe in the old constitution, the five most radica being the regulation of the suffrage, with the "understanding") feature; the increase in the school tax: the imposi tion of the graduated income tax; thii putting in of the dispensary law regu lations, and the adoption! of the anti lynch section, which is the only pro vision of the kind in any State consti tution. , u - Northern News Notes. - Two unknown men were found fro zen to death in St. Louis Tuesday. Sixty-five thousand dollars has so far been received on the pledge to secure tho Republican national convention .fox Sf. '.Louis. , j The New York Central Railroad dem onstrated Monday under most adverse circumstances that it can run the fast- esi train in tne wona, oo miies an hour for 440 consecutive miles. There was a fire in Indianapolis, Indl luesciay wnich hit the insurance com panies to the extent of $314,500. It was caused by the collapse of the walls of Schull & Co.'s store, which struck the stock of parlor matches and started the blaze. The firemen worked in extreme cold Two of them met dea and threo were injured. There 9 severe criticism of the department. the inefficiency of "Washington. The Senate on Thursday confirmed the nomination of Matt. W. Ransom to be Minister to Mexicoi j The President Thursday sent t6 the Senate, the name qf Matt. W. Ransom, of North Carolina, as Minister to Mex ico, and Allen Thomas, pf Florida, as Minister to Yenezula. j ' Chief Justice Fuller absolutely de nies that he is to resign j and ecorae general counsel for the big New York, Chicago, St. Louis railroad co bine at $50,000 annual salary. A committee of thoi Knights of Pythias is preparing an address to be presented to Mgr. Satolli, seeking o have set aside the pronuriciainento for bidding Catholics to belong to thit and other secret orders. 1 Speaker Reed is considering a ph.n of dividing the work on contested ele j tion cases by forming two elections committees in this House. This would greatly facilitate the disposition of contests before the House; and gie the successful contestants their rights earlier. There are thirty-two contests pendinsr. All of the evidence must now be heard by one committee. 1 Foreign, j 4h , At St. Petersburg 47 new cases of cholera and four deaths from the dis case were reported during the we 4k ended November 30tb. The disease decreasing in Volhynia and Kieff. is Miscellaneous. Ijcss cotton was brougnt into 6 ight last month than during anv Novemb since 1831. Peter Mahcr, champion heavy weight of the world, and Robert Fitjz siminons, champion middle-weight A the woild, have been matched to fight to a finish near El Paso, Tex as. between February 11th and Feb ruary loth. The purse to be foug for will be $20,000. i fit Imnatlence Results. In Death. John Eoyster, a stenographer, was killed in Atlanta, Ga. Tuesday at the Whitehall street crossing before the eyes cf 400 persons. A freight train was standing across the street, which Is ona of the leading? businegs tbor- ouchfares of the citv. Royster became im patient at waiting and started to crawl un- tier a car. instantly tne train started, nqy-; ster's coat caught on a brake rod and he was: thrown across the rails. The car passed over hi3 body and was thrown oJ the traqlr.; A large crowd had assembled at the crossing waiting for the train to pas3 and looked on; horrified but powerless. Royster died 'in ten minutes after the accident. He was em ployed by ex-Governor Northern He leaves a widow and one child. Herrine were never so plentlf 1 1 off the Massachusetts coast as this season, and the catch so far has been phenomenally large. TELEGRAPHIC TICKS. Peter Conlin has been made chief of police of New York citv, a civil service examination in which he obtained a rating of 93.011 per cent. Attorney. General Judson Harmon in his report recommends that the United States Supreme Court bet lieved of all criminal appeal cases cept where capital punishment volved. ls in- A violent storm swept over England, Belgium, Denmark and Germany. Rivers overflowed, and great damage is reported. Comptroller Eckels has appointed J. F. Flournoy receiver of the Chatta hoochee National Bank, of CoIumpusfc Ga. , which failed a week ago. Tho "Pittsburg Flyer," a fast train on the Pittsburg and Lake Erie Bail road, which left Newcastle, Pa., at 6 o'clock Saturday evening, collided with an eastbdund freight train, near Newport station. Engineer, fireman and mail clerk are fatally injured. The South Carolina Republican tate committeo'at Colombia have issed an address to the people, in which the committee refuses to accept as inal the new constitution foisted upon the State by the Tillman faction, on the ground-that it is per se fraudulent, and because it is not to bo submitted to the people for ratification. Dr. William J. Murra', nn iged physician of Toledo, O., died Wednes day, after fasting 47 days. M. H. Gibson, the Chicago' member of the Illinois Legislature, who was in dicted for boodling, has been acqui ;ted. Secretary Carlisle has accepted an in vitation to deliver an address on the government finances to the busi ness men of Richmond, Va. . When hia love affair was frowned on by his father, the millionaire harvester manufacturer, C. W. Deering, Jr. en listed in the army and is now a pr: vate at Fort Sheridan, 111. Everett B. Pomeroy, editor and pro prietor of the Oakland, Cal., Tames died Thursday night, after a brief ill ness. He was one of the best known newspaper men of the West. The .New xorK. neiorm vlub s com mittee on sound-currency distributed during the past year twenty-four para- phlets, of which 1,637,000 copiep were disseminated where they would do the most good. NO COMPROMISE OFU. S. CLAIMS. Harmon's Opinion Reverses',, Mc Veagh's. , Attorney General Harmon has rei.dored aa ojjiiioii to the iiCect that section 3,496, revised Statutes, does not eonfor upm the Secretary of tho" Treasury power tc com promise a claim of tho United States when there is no doubt of its entire and ready collectibility.- This view of the law wcsheld by Attorney Generals Evarts and, Devens, but Attorney General McVeagh took an op posite view and since his time, fourteen years ago, the McVeagh opinion beiag the tnoro recent, has Leen followed by the Treas ury in adjusting ail compromise, cases). At torney General Harmon now reverses Mr. McVeagh. This new construction of t Uv) law is regarded as quite important. It Wfis cal led, out directly by the international o'otton Press Con any, ol New Orleans. Somo timo apco this company . bought a pieco of property from a man named Schneider. This man has owed the govern ment a sum of money and judgment against him. was obtained and a -lien entered upon his pr perty. Tho cotton press compuny bought Uie Schneider property in Ignorance of the fact that there was a lien- aga; nst it. The government stepped in to recover the amount of the lien and the cotton pre; s com pany, -alleging its entire innocence lu tho matter, offered to compromise the laatter. It way admitted that the property was worth the amount of the lien against It". Secretary Carlisle doubting his oowcr to coinprdinise a case where it wa3 ele.. the government could recover in full, asked for an authoritative construction of the law with the result stated. It ts acknowledged that the enforce ment of the lien imposed a great hardship upon inn coiion press company, out it n claimed that tho government had no ; lacing it in thu position in which i itself. art in lin-ii An Alabama Infirmary IJurned At 9 o'clock Saturday morning fl broke out in Dr. Watkins' infirmary .at Hi jhlan'l There, Park, a suburb of Montgomery, Ala. wero three large two-story frame buJldia nil of which were destroyed. There were a, number of patients uuder treatment in the building, but all of them were saieiy femov- ed. A portion of the furniture wa? saved ble ia about but Dr. Watkins lost all of Lis valud struments. The loss will amount 20,000, with insurance of S7.000. to World's Visible Supply of Cotton The total visible supply 61 cotton for the world is 3,751,109 bales, of which 3.418,903 bales are Ameriran, , ajainst 4,23?,83t bales respectively last year: receipts of cotton this week at all interior towns. 191.230 bal?s: receipts from the planpations, 265,571 bales; crop In slgnt 3,860,600 bales. IT 13 ABSOLUTELY MACHINE MADE MONEY "WE CR OUR DEALERS coil ell you machines cheaper than yoiucan get el e where. Tho HEW IIOJIE ! onr tost, but vre make ch caper hinds, neb, a the CLIMAX, IDEAL and other Illeh Arm FaU Rlekcl plated Sevrlnc Machines for $15.00aiinp. Call on our azent cr writ u3. "Wo or. xrnn r trade, r " !. f ariccf ' :ni huuaare aeauhs v111 win, vde vi'lll Iiita it. ivo challenge the tvo r!J to nrodace a BETTER S n si p ii f n a nr au-j is i. 8ewtnf?PJachIne for 520.00 tlifla you can buy from usf or our jlkumt. THE ESW HOHE SSmilG MfXSlfa CO. Cmw'sojiu hi.Lcvu.3o. L--FOR CAVE CV GA1NEY & JORDAN Dunn, K. C AND
The Democratic Banner (Dunn, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Dec. 11, 1895, edition 1
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