Newspapers / The Fayetteville Index (Fayetteville, … / April 21, 1909, edition 1 / Page 1
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VOL. X. NO. 10. FAYETTEVILLE, N. C. WEDNESDAY, APRIL 21, im w 00 A YEAR g$ WW Ay Jim Patten Pockets Millions by Taking Bread from the Poor What the World Another Life Mjss Beuah Averitt is Doing This Week Insurance Company n: d; laWff Iff 7lsT I f J.C n ndex Contest Comers , VJheal Market; Cleans Up $5,000,000 Chicago Grain Speculator fotmi a Pool Jbat Puts Flour h JMO a Barrel In Hew York, Shuts Down Bakeries and Mills, Raises Price ot Poor Man's Loaf and Makes II Smaller. Last week was a memorable one in the wheat market. James Patten, of Chicago, a speculator, manipulated a ''corner' on wheat that ran the price to almost f 1.20 a bushel, and when he left the "pit" in Chicago Saturday, it is aaid, he had pocketed close to $5,000.(jjO by the deal. 1 he Chi cago Tribune of Saturday after. noon said: "The I'atten Pool had cleaned ud between f4.Oiw.OU0 and Io. OOO.Wrt) on May wheat Of that amount 'Jim' ratten ha pocket ed fully two-thirds. Market ex perls estimate that the broker and his coterie have gold to the nubiic 20,(JO,0(K) bushels of May wheat at an average profit of 20 tef.u.irtvtra them a profit of II. 0to. ., and besides thi he has made a substantial profit on July wheat, to say nothing of the Sep tember and DecemW options w hich he has scalped in the mar ket for a profit of from 2 to 5 cents, making his total winnings not much under lo.itoo.ouo.'" According to James Wilson, Sec retary of Agriculture.the millions that I'atten pocketed came from the consumer of wheat, for, said lie: "There is sufficient wheat in the country at normal prices to make bread for the American people up to the time when the new crop comes in, and those who attempt to keep prices up at present rates expect to get their money out of the common people, the consumers.' Patten's manipulations aiTect every man, woman and child in America who eats bread, and millions of them make it their chief subsistence. It means soar ing prices for flour all over the country, but in the big citiea like New ork it means hunger for thousands of men, women and children, tosidea loss of work for many. Hundreds of bakeries have been forced to shut down, the price of ft loaf of bread has been raised and the size of the loaf reduced. Joseph Bock, president of the THE LVANGtUSTIC ' MUTIHGS CONTINUE The Latest View of What Is Hap- j pening of General Interest in America and Elsewhere on Sea J and Land. The LaFayette Mutual is Getting Ready to Begin Business - Mr. ! iihn Underwood States General', Plan of the Company. Great Crowds Hear the Gospel in Sermon and Song at hay Street M. H-Churchhighttf. One of the largest audiancea ever aseeotbUd in a church io KsytttovilU waa that packed ia the apacioua auditorium vf tha handsome new Hay Street Metho odiit church Sunday night to baar Dr. V. W. Troy, of Brooklyn, who i preaching there aacb night to UrK congregations ia a ieriea cf vaotraliatio meetings, in which the First Baptist ehorob, tba First The biggest general news this week is furnished by the wheat market. The story of Patten's pool and its affect upon the peo ple U told in another column of this paper, Turkey is aflame on both sides of the Bosphorus. I wo American Christians have been put to death already, these being Mr. Rogers. and Mr. Maurer.at Adana. tte- Eortssay that about 3000 others ave been killed. Anti-Christ-jan feeling in Asia Minor is spreading. The Mussulmans are persecuting Christians without discriminationbut their hatred f i: J I. Presbtteriaa church and tba, ia directed Drincmally against the Methodiat eburcb art uniting and Armenians -looting and burning which began Monday night a waek ago. A feature of each meeting ia tba aong service by Mr. Fred L by ma, of Toronto, tha charm ing goapal eioger. Aftsrnooo meetings alao ara bald aacb day al 4 o'clock at tba Baptist eburcb. . . v ' - ., . . ara . v DR. F. W. TROY. These revival nieetiuge hat a grown to tatareat ana altseasnca Dr. Troy ia praaching tba gospel with taroeatneaa and power and simplicity, whila Mr. 3yme la lit. tally singing tba goapel in its awaatnaaa and beauty. 1 ba coaat inga will continua thrvuab next a q Quay. Death ef Miss Hodges. Miss lie Uvea Hodges, one of Fayette vule a best women and said to be the oldest citizen of the place, died Saturday morning. The funeral was conducted from St. John's Episcopal church Sun day axternoon at 3 o clock, by East Side Iiakera Association, I Kector I. W. Hughes, in the pres- New fork, said Satuniay night ianceoi a targe congregation. that the 3T members of his asso ciation had agreed to increase the price of a loaf of bread from 5 cents to 6 . cent, t He said that while they had privately agreed to do this the action would be formally ratified at a meeting next Friday, and that the advance would become euvctive the fol kiwinst day, Mr. Dock's son was authority for the statement that the East Side llakers had already reduced the size of a 5-cents loaf from I iound to 12 and 13 ounces, George M Zabriskie, agent for the Pillsbury Company in New York, said that while the usual surply of flour on hand in that city waaTOO.000 barrels, or enough to last six w-eeks. there are now m.W barrels, and that it is dif ficult to obtain more. He said that the smaller mills in the va rious sections of'the country are shutting down because of the high price of wheat Fbur in New York Saturday wau quoted at $7.40 a barrel the highest prke yet reached, . According to & cable from Lon don Saturday night England. U as mucn agitated as America over the prospective wheat famine, the price of bread has been ris ing rapidly, and it was announc d that the 4-pound loaf, usuallv selUng for y cents would cost 13 Monday. The atoek nt wie smauest in many years. Honor to Or. Hall Got K itch in baa appointed ir J. J. Hall as a dalegta to tha Seoood National peace CorgreM to be bald in vhtoago May 3rd to 5ta. Among the other daiegata from North Carolina ia b" (iot aroor (ileuo. Narrowif scapes Drowning. Mr. B. a Maaka, son of Kv O. P. Meeka, of Fajettatilla. and agent of the A- O. It at Naw lm, was in a to boai.oa Neuao river near Naw Bern Sunday afternoon when tha boat capaUed and on of hia eompaaione. W. U. Juatioa, aa drowned. Mr. Maaka aaoapad axbaoated. HUHT AT CUMBERLAND Supt. McBrtde and Cap. McGill Speak at the School. County Soperietendent B T MoBryde and Capt. A. 1. MoUiU poke to a large audience at Cum berland bohool last rnda oigot. Capt. MeUiU' iddreaa aa "Wsr Keujiaiaoencea" ad bopt. juo Brjda apoka oa "ohool Maaaga-Daaaf It ia needless to aai that tha oc casion, was on of pleasure and profit to tha people of thai aplen- 1 did oommuaity. their homes and putting them to the sword. The Turkish govern ment has said it was doing f.ll it could to maintain order, but it is doubtful if this outburst of racial passion can be subdued at once, and during the week further news of rioting and masaacre can be ex pected. The situation in Asia Minor is quite distinct from the foiitical turmoil that invaded luropean Turkey last week. The former is racial and religious and bears a strong resemblance to the Armenian massacres of ten years aro. The latter is an out come of Turkish efforts at jtopular constitutional government. To - day Theodore Roosevelt reaches Mombassa on the steam er Admiral, and the much-heralded African hunting trip will be gin. Mr. Uoosevelt has request ed that his special train be in waiting as near as possible to the wharf. His baggage at or.it will be transferred to the cars, and immediately the train will pull out for the ranch of Sir Al fred Pease, on the Athi river. Mr. lioosevelt will be Sir Alfred s guest for the first fortnight s stay in the East African protect orate, and the first shooting trips will be made from this base. Hence the party will go into Nairobi, whence they will drive to the Ju Ja ranch, to be the guests of George MacMillan for the second fortnight. Castro, exiled President of Ve nezuela, chased out of the West Indies by practically every power with political interests on the shoresof the Carribean, will arrive at Standor. Spam, Thursday, on board the steamer Versailles. What Castro will do in Europe is w mi a an open question, ue wiu pe permitted to reside where he pleases so long as he does not en caire in activities unacceptable to the powers that are believed to nave entereu into a comuinauon to keep him quiet The tariff debate in the U. S, Senate began Monday. Senator Aldnch, chairman of the commit tee on finance, opened the pro ceedings with a general state ment in support of the bilL The Democrats tirire an income tax as the best means of increasing the receipts, all of them supporting such a provision, borne ot tnem also strenuously urtre a tax on all ealmsrs m futures. I bey have the suPDort of some Republicans, none of them being members of the committee on finance as the latter hold that with greater economy and improved business conditions, the bill will insure sufficient revenue. The House holds sessions on Monday and hursdav onlv. and no business is done on either day beyond mak ing provisions for the next census. The Wtutla kidnapping case was rehearsed again before the grand jury at Mercer, Pa., Mon day. cThe trial of Capt Peter C. Hams for the murder of William Annis opened in Hushing, L. L Monday. The American Newspaper Pub lishers Association holds its an nual meetinz at New xork to day. A new insurance company will shortly enter the field with head garters at Fayetteville, to be called TheLaFayette Mutual Life Insurance Company. Its charter a ill be applied for by Mr. John Underwood and several other prominent business men. Mr. Underwood, principal promoter, in speaking of the gmeral plan of the enterprise, say: This company will be started as a mutual company. We will organize with the best insurance talents in the State and will operate along the lines of the Mutual Life of New York, The Mutual Benefit, Penn Mutual and State Life of Indiana. These are among the best life insurance companies for the policy-holder and the safest in the world. In other wordi, these companies have returned to the policy-holders the greatest dividend ever made by any company. "It shall be the policy of the LaFayette Mutual Life Insur ance Co. to excel these companies in giving to the policy-holders the greatest amount of insurance for the least money. The company will deposit with the State the fall reserve on the policy for the protection of the policy-holder, and will deposit before it begins business a greater sum of money than either of the above started w ah. "The promoters of this com pany are satisfied that life insur ance is in its infancy in Noth Carolina and that North Carolina is the Connecticut of the South. That the earning capacity of cisilar is far in "xeess in North Carolina of what it is in Connecticut therefore the nrem iums paid to our company should return to the policy-holder greater dividend man it is pos sible for the Northern companies to pay out of their earnings. "The premiums in this com pany will be the same as those of the above companies and the dividends will be larger. "This company will start out with one-half million dollars in surance in force when the first policy is issued. In other words, the promoters of this company have decided that they will start out with five hundred of the healthiest lives in the State, car rying with it the smallest average policy and will, therefore, be the strongest life insurance company in. existence according to the amount of business in force. 'Ve have faith in the citizen ship of North Carolina and the patriotism of the people, that they will not send their money out of the State for something they can get better at home, as we propose to make this the policy-holders, company and give them a greater return for their money than tey could buy elsewhere." MAKE FAYtmVlLLt A PHILADELPHIA OWINRIDDU. Hews Notes from FavetteiUe Rural Roufe No. 3. Restore Her to Her Relative Im portance of 100 Years Ago Mr. D. A. Tompkins Speaks. lieatore Fayetteville to tba rela tive petition of importance aha cosupied a hundred yeara ago; make her a Philadelphia and the Cape Faar a Delaware; multiply tha value of the cotton crop of the rSuuth by 10; develop the forcea aud resource of tbie aectioa and uiake Fayetteville the commercial center for Piedmont Carolina, let Fayetteville'a merohaot prinoea fjod marketa far tha manufactured product! of the State from here to tba mountains and abip them down I ha Cape Faar to Wilmington and there let them be loaded upon vee eela tiyiDg the American hag and thence be taken to tba ports of tha orli Then will ba realizid the dreams which tha add rasa of Mr l A. Tompkins in Fayetteville Tuurad y night was calculated to impire Mr Toupkini.wbo ia one of tha publiabers of tha Cttarlotte Obser ver and one of the State's leading manufacturer! and a distinguished authority on industrial and eoo acinic subjects, epoke to a repre sea'ativa audience in the court bourse, upon invitation of the Chamber of Commerce, at a cele bration of the many recent and subseantial improvements iu Fay ev ilia and in anticipation of the griat industrial expansion thst will follow the improvement of tha Capa Fear. Mr. Tompkins was welcomed Thursday atternooo by a number ut representative cttizans with a luncheon at the Hotel LaFayette. Ue was the guest while in the oity of tha Fayetteville Chamber of Commerce. Mr. Tompkins waa introduced oy Maj E J Hale. At tha close f the address be waa aeoorded a uuaaimous rising vote of thanks, and frequently daring the address he was interrupted by applause. Hia address waa that of one thoroughly versed in tha aubjeota of waterwaya, water powera, man ufacturing and industrial develop. luent. Mrs. flver7 is Second and Miss Leslie is Third The idea Prize Contest Closes Af ter Putting on Nearly 1,000 New Subscribers Contest ints Hate Done Fine IN irk and Have Earned the Prizes. WED IH ARKANSAS. Rev. W. M. Fairlev and Mrs. Alice Rollmage McRae United in Matri mony. Miss Heulah Averitt, the 13-year-old daughter of Dr. K. G. Averitt, of Cedar Creek, wins first prize in The Index contest with 103,000 votes and Mrs. H. S. Averitt, of the same district, is second with S-ViOO votes, win ning $5. 00 in gold. The winners in the other districts are: Miss Nettie Leslie in district No. i. Miss Iiessie Thames in No. 3, Mrs. II. L. Wemyss in No. 1, Miss Loula Baker in Kobeson. Miss Flossie McL. Greene in Har nett, Mrs. J. K Porter in Bladen and Mrs. L. M. Cooper in Samp son. The watches will be sent by registered mail immediately to those who do not call for the prizes. The contest has been a lively one and the contestants and their friends have done fine work, and it has been a success to The In dex. The contest has put on nearly 1,000 new cash subscribers. We take this opportunity to thank the many friends who have helped to make the contest a success. Following are the figures show ing how the contestants stood when the contest closed yester day at the strike of the clock at 2 p. m. DISTRICT N: Mrs. K. L. Wemyss, Miss iouise Huske' Miss Kate Matthews, Miss Zula Rankin, 1. no. 2. (XZttpoad&c ut Th la -k-v. Oa Sundsy, April i, Mr. Wo, Owoa. of Rocky Mouat, aud Mtae Dora Kiddle, of Parkua, K F l. No. 1, were married at tha home of tha bridea parents Hev. . O. Jobaasa performed the ceremony. The bride and groom left Monday fot their borne at Rooky Mount. Tha charming bridge baa tha beat wishes of her many frieoda and wiU be missed by everyone. Amoag the go eats at tha marriage were Myiases Cam and Owen, of White Oak; Mt. Owena brother of tha groom: Miaaee Sudie Jobpaoa and Lelia Bramble, Mr. J Q Council, of Rocky Mount, and many others. Tha beau Centennial which was a great day U Bladen Union was a grand success. Over $27 waa raised foi Foreign Mission. ara aorry to note the death nt !r. Ja? Duria H hmi haan I aiok for soma time. o aooial event ot recent years has been of mora general interest to Fayetteville than that of whioh tha following dispatch from Forest City, Ark., dated April 15th, telle: "Tha social event of tha month io this oity and one of tha moat beautiful waa tha wedding thia af ternoon at 4 o'clock of Rev. Wat eon M Fairley, pastor of tha First Presbyterian thuroh of rayette- ville, N. 0., and Mrs. Alice Roll- mage MoRae. Tha marriage waa celebrated at tha home of tha bride'a mother, Mrs. Louise Roll- mage. Rev. P. U Heney, Preaby- tenan miaiater, officiating. Mrs J. WaUiersoa, a sister of the bride, waa dame of honor. Tha groom's best man was Mr- Chat. U Rose, a prominent Fayetteville attorney and auperiutendent of tba Sunday school of whioh Mr. Fairley is pastor. The spacious parlor of tha Rollmage horce was elegaatly deouxated in Easter lilies, potted plants and smilax. Tha bride wore aa exquisite gown of gray crop da chine and carried a bou quet of Easter lilies. After the ceremony elegant refreshments were served. M taaea Eunice Nim- ooka and Roa&lin McRe served punch. "Mr. and Mra. Fairley left at 6 p. m. tor a tour ox ooulaeru cities, after whioh thnr will arrive ia Fayetteville April 21. A cordial welcome awaits Mt. Fairley and hia charming briia ia FayettevUla, where ha ia exceed ingly popular not alone with tha rSttaviai vrtn rrvair tin knr !tvjwMaM v-v a va avt with, tha entira oity. DISTRICT Miss Beulah Averitt Mrs. H. S. Averitt. Miss Alice Beard, Miss Carrie Jackson, Miss Sarah McDonald, DISTRICT NO. 3. Miss Bessie Thames, Miss Eula Phillips, Misa Mary King, Miss Jeannette Morrison. Mis3 Edna Bullard. DISTRICT NO. 4. Miss Nettie Leslie, DISTRICT NO. 5. Mrs. L M. Cooper. Miss Flortnee Butler, DISTRICT NO. 6. Mrs. J. E. Porter, Miss Irene Register, Miss Minnie Cain, Miss Hattie Davis. DISTRICT NO. 7. Miss Loula Baker. Miss Elma Johnson, Miss Clelia Britt. Miss Ieitha Lancaster, Miss Ethel Marsh, DISTRICT -no. S. Miss Flossie McL. Greene, Miss Daisey Shaw, Miss Mary Greene, 12,500 10,000 7.875 7,000 108.000 83.500 36. aio 7,500 5.000 30.750 24.125 7.250 4.800 4.000 83,125 10,250 6,250 35.000 16,750 9,250 6,000 65,500 33.000 30,500 5,500 4,750 50,000 13,000 11.000 Cedar Creek Items. Corrwjjvadeuoi? ot TUe taaex. The week has passed o3 quietiy. and has beea favorable for farm work. We are aorry to hear that one of om former Cumber laud boys, Mr. Geo, L. llaU.was killed ia Alabama one day last week. One of Kott. btaruiiiz a sons cat hia leg Monday while cutting logs for a saw mill. Rev. T J. Baker oiled his regu lar appoiotuieat at Qed&r Creek church Sunday. The roads axe hue in this sectioa now. l nose wao tains, it impos sible to make good roada out of sandy ones should come to Cedar Crk and sea. j JuvasTV. 1 Cedar Creak. AprU 1. 6 V' t
The Fayetteville Index (Fayetteville, N.C.)
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April 21, 1909, edition 1
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