Newspapers / The Times-News (Hendersonville, N.C.) / Dec. 9, 1910, edition 1 / Page 1
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I " ' " ' ' '" 7 . ' ' ' - " . a y r ' ' ' " - , ' , -v . " ' , '-.1'-" r'"X. . T i r . , . . yrfl . " ' HENDERSOrVUXE, N. Cj" FRIDAY", EHFATR Q 191 ;No: ;35 :gv';g i " ' ' : IIP Tfl pnM0DCQ itist C oiiesitiOE -of North Carolina U annual conven .ffi.,nift. The town . and is .a I lll VB uw giving K-i urftlcome. spell was broken faadtbe delegates be- a heavy ram, on 'Monday morning convention, was evening and nM. when tjof the actual con A the weather had be- Wednesday was Iby the bright sun ibracin atmosphere gendersonville famous. esday evening Presi :vd called the coQven , After the singing of fie that binds," Rev. jsuread the Scripture J. W. Willingham atioa in prayer. Rev. ached the annual ser t being Romans i, 14-16 xnnon, the committee i was appointed, and amittee was preparing jracefaland appropriate alcome was delivered $h Toms, and Mayor da few brief and felici i greeting. At the re sident Dowd, Rev."W. Vof,Wake Forset rc ie addresses. itionihen proceeded to i re-elected William 3 of Charlotte, as presi sions. Arnqng the speakers were Revs.. E. L. MIddleton, B. W4 Spill man, R. J. Dillingham and C. T. Dillingham. The discussioa was of vital interest. In the afternoon, theological education was a leading topic, and more than $1,300 was pledged to the Theological seminary at Louisville. . The most striking incident of the night session was the successful appeal for Meredith college. The large sum of $26,416 was pledged to the institution. There is a pro position to endow Meredith with $150,000, and the General Educa tion board of New York has made a conditional offer of $50,000 to wards that total. PreslfJsnl Breaks Record; For 'Length .of OosijRisn!. BEFESDS PAYfiE TARIFF ACT. At this week's meeting of the board of county commissioners, ap plication was made by the Ashe ville and Hendersonyille railroad company for a franchise authoriz ing them to construct, maintain and operate a railway for general pass enger, transfer and freight business in this ( county, beginning at Fiai Rock, thence coming to Henderson ville, and from lv3re by w.iy of Mills River to the Buncombe line A question arose as to whether or not the company should be re quired to put up a forfeiture to br paid on failure of said company oi its assigns to construct said roa within the -time named in the ap t also re-elected N. B. ! plication. The board suggests 'ME. Brewer as sec A committee was ap 30UDate the remaining ieison, secretary of the Missionary Movement, :ced and addressed the morning was charact M and instructive dis Sanday schools and m's- that the company should file sue) a petition as would sntisfactorilr show tliat the forfeiture clause it not needed, and in that case th; chairman of the board will, on be half of the board, sign the chise. fran- Attentpn is invite! to Staton & Jones big sale advertisement on ouj eighth page. Lewis & Sons Seventh : ANNIVERSARY1 years ago, we opened up our business in Hen- ville. We are doing more business today than fe ever done. Our books show a constant in ( patronage. Our aim has been to please our 32rs and give them the full worth for their iiioing to celebrate ?. our 7th Ajnniversary by our customers the greatest values in season ed up-to-date merchandise ever offered at any AHendcrsonvilie cr elsewhere. : f to our Storfi nrfnnrjrl tck S.nvi Monev ,Lewts;&:SoN' "The Undeselling Store' Agents for Standard Fashions D;als With Panama Canal. Postal Sav ings Bank, Parcels Post and Conser vation Asks For Raise of Judicial Salaries Recommendation For Fit ting Honor For Peary. Washington. Dee. (. - Tiu? pn-sident I sent the following; iih-ss;i.i; U eonjjruss today: 'j'o the Semite and Mouse or Hepre- j sentaiive ' I Durlnj: tljt past year the foreign re lations of the United Slates have con Unued upon a hasis of frieudstiip and Kood understanding. The year has lKen notable as Vit nessing the paeilic settlement of two important international controversies before the t)ermanent court of The tlague. . The arbitration or the fisheries dis pute between the United States and Great Britain, which has been the source of nearly continuous diplomatic correspondence since, the tisheriey. con vention of 181 S. has given au award which is satisfactory to both parties. Peace Commission. Appreciating these enlightened tend encies of modern times, the congress at its last session passed a law provid ing for the appointment of a commis sion of rive members "tr 1m? appointed by the president, of the United Stales to consider the expediency of utilizing existing international agencies for the purpose of limiting the armaments of the nations of the world by internation al agreement and of constituting the eombhjed navies of the world an inter na tioual force for the preservation of universal peace and to consider stud report upon any other means to dimiii jsh,4the.expeuditures of government for military -purposes and to lessen the probabilities of war.'' The work of the international fish eries commission appointed in 1IXS. under the treaty of April 11. IfiOS. be tween Great f-iritain and the United States, has resulted in the formula tion and recommendation of uniform regulations governing the fisheries t the boundary waters of Canada and the United States for the purpose of protecting and increasing the supply of food lish in such waters. The Far East. The center of interest in far eastern aUairs during the past year bas'agalu been China. It is gratifying to note that the ne gotiations for a loan to the Chinese governmentfor the construction of the trunk railway lines from Hankow southward to Canton and westward through tbe Yangtse valey. known as the Hukuaqg loan, were concluded by the representatives of the various financial groups in May last and- the results approved by their respective governments. Tariff Negotiations. The new tariff law in section 2 re Pi'spectiug the maximum and minimum V f .- -t . pveryt! y ''.l'.g?JL'Sa,'J anna cy 'file Driiar 55t.nfe ,ron the ConiertM'W it !. mm is.Wi.WiM ii niiuiiiwiJi.i I ii nil ll 5 i mmr --im n w i wiiimi - w -1" ' i mi i"j tv ft i ii1 -1wrT tariffs of the United States. whi-!i pr visions came into effect on April I. 1910. imposed upon,-the president the responsibility of determining prior jo that date whether or not any undue discrimination ; existed against the United States and its products in any country of ,the world with which we sustained commercial relations. The policy of broader and closet trade relations with the Dominion of Canada -which' was initiated in the ad justtnent of the maximum and mini mum provisions of the tariff act of August VMYJ. has proved-mutually ben etiekil. it Justifies .further .efforts for the readjustment of the commercial relations of the two countries so that their commerce tnay follow the chan nels natural to contiguous countries and be conimeusurate with tlte steady expansion-'-of trade and industry on both sides nf the lwrnndary line. t ; Tho Dspartment cf Stat. All, tariff negotiations, so vital to our commerce and industry, and'tiie duty mereial ' nations recognize the impor tance of this factor. The greatest, commercial-nations, our competitors, jeal ously foster their merchant marine. I alluded to this most important sul jcet in my last annual message. It !).; often beeu before you. and I need not recapitulate the reasons for its recom mendation. Unless prompt action be taken the completion of the Panama canal will find this the only great com 'mereial nation unable to avail in inter national maritime business of this great contribution to the means of the vcr!dV commercial intercourse. For many reasons I cannot too strong ly urge upon the congress tie passage of a measure by mail subsidy or other subvention adequate to guarantee the establishment and rapid development of an American merchant m-.'rine. the restoration of the American Uag to its ancient place upon the seas. Estimates For Next" Year's Exponses The fiuAl estimates for the year end iug June 150, 1J12. as they nave been sent to the treasury on Nov. 29 of this year for the ordinary expenses of the government, including those for pub lic buildings, rivers and harbors and the uavyj building program, amount to $6au.494.(l;.VJ. This is S52.1)G4S7.aii less than .the appropriations for the fiscal year ending June 30, 101L It is $G.SS&15a.44 less than the total esti mates, including suplemental esti mates - submitted to congress by the treasury for the year 1M11, and is $0. 574.G59.3t less than the original esti mates submitted by the' -'treasury for 1011. These figures do not Include the np propriatious for the I 'ana ma canal, the policy; in 'respect to which ought to be and is to;spend as much each year as can be economically aud effectively ex pended in order to complete the canal as promptly as possible, and there fore the ordinary motive for cutting down the exinse of the government does not "apply to appropriations for this purpose. It will be noted that the estimates for the Panama canal for the ensuing year are more than $50, (KKK00O, an increase of &JO.0O0.00O over the amount appropriated for this year, a difference due to the fact that the estimates lor 1912 include some thing over $10,000,000 for the fortifica tion of the canal. Against the estimates of expendi tures, $tj2D.rlj4.013.r-!. we have esti matcd .receipts for next, year $680,-. 000,000. making a probable surplus of ordinary receipts over ordinary ex penditures of about $o0.000.000. or. taking into account the estimates for the Panama canal, which are $50,020. S47.G9 and which will ultimately be paid in bou'ds, it will leave a deficit for the next year of about $7.000. WW if congress shall conclude to fortify the canal. The cost of the fortifications is about $U.000.000. Should there be no appropriations this year for fortifi cations then there would be, even in eluding the Panama canal appropria tion, a surplus of about $12,000,000. It is not essential to the preventing of smuggling that customs districts should he increased in number. The violation of the customs laws can be quite as easily prevented and much more economically by the revenue cut ter service and by the use of the sp cial ugeut traveling force of the treus ury department. Very great improvements have been made in respect to the mints and as: say offices. Diminished appropriations have beeu asked for those whose con tinuance is unnecessary, ami this year's estimate of expenses is $320,000 less than two years ago. In the bureau of engraving and printing great economies have been effected. Useless divisions have been abolished. vir!i the result of saviug $4-b.tKit) this - year in the total ex penses of the bureau despite increased business. Revenues. As the t.easury department is the one through which the income of the jioverunient is coih-cied aud its expend itures are disbursed this seems a proper place l consider the operation of "the exi-ting tariff bill, which be came a law Aug. J. r.)ir.) A an in come producing measure the existing tariff bill has never -been exceeded by any customs bill in the history of the country. The corporation excise tax, propor tfened to the net income of every busi ness corporation in the country, has worked well. The tax has been easily collected. Its prompt, payment indi catcs that the incidence of the tax has not; been heavy. If offers, moreover. stock is not so listed or offered for ; 0f those who have advocated tbe-use sale are directed to be open to the in- j of this loard for tariff purioses is that spectiou and examination of creditors ; the queJtlou of the rateVi u duty. Inl and stockholders of the corporation j posed shall become more ofj.a business whose record is sought. The returns j question and less of a 'political qncs--of all corporations are subject to the j tion, to be ascertained bjr exerts of inspection of any government officer or long traiuiug and accurate' knowledge. of jealously guarding the equitable and fan opportunity for knowledge by the just treatment of our, "prod nets, capital and'industry abroad devolve upen the department of state. ' . The efforts of that department to se cure for" citizens of the United Stnte3 equal opportunities in ' the markets' of the world and to 'expand American commerce have' been most" successful. The volume of business obtained ,ia new fields of competition , and upon new lines is already 'very great, and congress Is urged to coutinue to sup port the department of state in its en deavors for farther, trade expansion. -, : An Instrumentality, indispensable tr tbe u h ha inpered r and" natural develop-, merit of " American commerce is mer chant marine. All maritime and com- U) the examination of any court, iu which the return made by the corpora tion is relevant and competent evi dence. The Payne Tariff Act. The schedules of the rates of duty in the Payne tariff ad have been sub jected to a great deal of criticism, some of it just, more f it unfounded, and to much misrepresentation. The act was adopted in pursuance of a declaration by the party which is re sponsible for it that a customs bill should be a' tariff for tbe protection of home industries, the measure of the protection to be the difference between the cost of producing the imported ar ticle abroad and the cost of producing it at home, together with such addi tion to that difference as might give a rensonable profit to the home pro ducer. Th basis for the criticism of this tariff is that in respect to a number of the schedules the declared measure was not followed, but a higher differ ence retained or inserted by way of undne discrimination in favor of cer tain industries and manufactures. The halt in business and the shock to business due to the announcement that a new tariff bill is to be-prmanxl and put In operation will be n.4.,ej by treating the schedules one by one as occasion shall arise for a change In the rates of each and only after a repor upon the schedule by the tariff board competent to make snch report. It Is not likely that the board will be able to make a report during the pres ent .session of congress k.u any of the schedules, because a propor ex'atol na tion Involves an enormous nmotiut of detail and a great deal of care, but I hope to be able at tbe opening of tho new congress, or at leat during the session of that: congress, to bring to its attention tbe facts in 'regard, ru those schedules in the presen t tariff that may prove to need nnieudraent The carrying out of ibis plan, of course. Involves the f nil c-operatlon of congress In limiting the considera tion in tariff matters to one chdule at a time, because if n proposed amend ment to a tariff bill-ts- to Involve a complete consideration of all tlw schedules and another revision then Little, if any, of the criticism the i e shall only repeat ibe evil from tariff has been directed against the protective principle abovestated, but the main body of the criticism has beer, based' 'on tbe charge that the attempt to conform to tbe measure of protec tion was not honestly and sincerely ad hered to. Tariff Board. The time in which the tariff was pre pared undoubtedly was so short as to make it impossible for the congress and its experts to acquire the Informa tion necessary strictly to conform to the declared measure. In order to avoid criticism of this kind in the future and for the purpose of more nearly conform ing to tbe urty promise congress at its last session made provision at my re quest for the continuance of a board ens ated under the authority of the maxi mum and minimum clause of the tariff bill and authorized this board to expend the money appropriated under my di rection for the ascertainment of the cost of production at borne and abroad of the various articles included in the schedules of tho tariff. Tbe tariff board thus appointed aud authorized has been diligent in preparing itself for the necessary investigations. Tho hope which the busiuesf tbl9 country ha in times past suffered most grievously by stagnation and uncertainty, pend ing a resettlement of a law -affecting all business directly or indirectly, and tbe effect of which no uiso ,busluew man would Ignore In ncrvr projects aud new Investments. Tbe Inquiries which the members of tbe tariff board made during the last summer into the methods pursued by other governments with reference to tbe fixing of tariffs and tbe determina tion of their effect upon trade show that each government maintains an of fice or bureau, tbe officers and em ployees of which have made their life work tbe study of tariff matters, of foreign and home prices and cost or articles imported and tbe effect of the tariff upon trade, so that whenever n change is thought 'to bo necessary 1b tbe tariff law this office Is the source of the most reliable information as te the propriety of tbe cbang and its ef fect, A. summary of the remainder of the message will be given inj next week's i&sue. government o'fvthe general condition and business of all corporations, and that means by far the most important part of the business of the country. I it ih nriirinnt net nrovision was made for the publication of returns. This provision' was subsequently amended by congress and the matter left to the regulation of the "president.. I have di rected the issu of the needed regufa tious and have, made it possible f(?r the. public generally '. to fsno wTf rbm an ex a mina t ion of t btr, record J he ret urns, qt aircorpuT3ti:mt stock 'of 'wbich is listed on a :iy, public stock exchange or is oCVred for sale to. the general pun lic bv ."advertisement or otherwise. The returns , of- those, corporations whose E Beautiful liday Goods Do your shopping early at our Store and get the pick Useful and Ornamental Presents This year our XHAS LINE is very, complete and embraces almost everything in standard .HOLIDAY GOODS coie 10 see: 1 UNTER'S HARMACY Near P0ST0FFICE M axwel Brown Just received Large Shipment of Candies All Kinds of Nuts at 20c per pound Headquarters for All Kinds of Fruits Everything in the GROCERY LINE . . . 4,.. '.--. '. . ' . . '" ' : c.'. : ' ' ' - ' . , ' .-' Don't forget1910 PHONE 104 mm si Brbwioi .v s
The Times-News (Hendersonville, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Dec. 9, 1910, edition 1
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