North Carolina Newspapers

TIMES, THE-. Joan B. Sherrill, Edftor a$d Owner. . '' - ' ' PUBLISHED TWICE A. WEEK. , e $1.0 a. Year, in Advance. Volume XXII. o Concord, N. (?. t January 17. 19Q5. number 8. Potash as Necessary as Rain ' The quality and quantity of the crops depend on a sufficiency of Potash In the totl. Fertilizers which are low in Potash will never produce satisfactory results. Every former should be familiar with the proper proportions oi ingredients that goto make the best fertilizers for every kind of crop. Wc have published a series of books, containing: the latest researches on this all important subject, which we will send free if you ask. Write now while you thiuk of It to the GERMAN KALI WORKS Mow Terk 8 Naasea Street, or Atlanta, Q.Q2 South Broad Street. The Mutal Benefit . . . . Life Insurance Company OF NEWARK, N. J The: . Leading Annual, Dividend Company . of the World. It has an unrivalled rec ord in the history ot Life Insurance,' and gives its Policy Holders a Dollar's worth for every dollar of cost to them. If you want the best poli cy on the market, call on Jno. K. Patterson, Agent, CONCORD, N. C. MABTIN SOGER, H. I. Vice-President, WOODHOUSR. Cashier. a W. 8 WINK, Teller. Concord, N. C. Branch at Albmarle, N. 0. Capital, , .. $ 50,000.00 Sorplas and Undivided Profits 30,000.00 Deposits 850,000.00 Total Resources 435,000.00 Our past success, as Indicated above by figures, is qulta fcrstlfylug, and we wish to assureour friends and customers uf our ap- reclatlon of I heir patronage and eordlallv nvlte a continuance of the same. 8hnuld be pleased to serve a large number of new cus tomers, holdlnir ourselves readv to serve you In any way consistent with sound banking. DIRECTORS. J. W. Cannon, Robert 8. Younsr, I. J. Foil, A. J. Torke. M. J. Corl, Juo. 8. Eflrd, J. M Morrow, T. C. Ingram. JEWELRY DIAMONDS WATCHES. and a complete line of the GENUINE "1847 Rogers Bros." Knives, Forks, Spoons, etc. Byes carefully examined and properly fitted to the best grade of glasses. . f V . I W.C. CORRELLJeweier. THE ... Concord, N. C. July 5th, Mot. This bank bas lust passed the sixteenth I qineraary, and each one of theae sixteen ; grs has added to Its strength, thus proving i t It Is warthy the oonfldenca of Its pa Wo us and the general public. Paid in Capital $50,000 Surplus and Undivided Profits - - - . 36,000 Shareholders Liability 50,000 With the above aa a base tor confidence and an unusually large amount of ameta In proportion to liabilities V guarantee ol conservative management we Invite your business, interest paid aa agreed. 3. M. ODBXL, President, D. B, OOLTKASK. Cashier. Do yon want a farm or a place in town? If so, we think we can find jnnt what too want. See the list of the property we have for sale. Jno. K. Pat-, tenon & Co. T Il-'g SuntS fcfllrtl All list UitS. lough Srrtip, Tmales uoud. time, i,id st arni.-Btts. ICS 11 u una - pin. IIIRtpalrini SPEECH OF MB. JOHN P. ALLISON At IhWarmere Medina; I la Ralel Last Week. The following is the speech made by Mr. Jno. F, Allison, of Concord, at the meeting of farmers and business men at Raleigh last week : wr. unairman ana fellow sympa thizers: IS I consulted my personal comfort, I would not take the great in' tercet I am in' lljjs movement, but my sympathy for the people of my country stirs me to action; it is true my efforts are feeble, but if everyone held back because they could not do great things, many grand achievements of this world would have failed for the lack of support that brought their glorious sue csfs. This is a time when all should lend aid to this cause, the task is a great one, but, the end justifies the effort, and no one in .his broad South land ot ours should shrink from his part in this great work. Look what it means to your families, to-youreelvea, education for your chil dren, peace and plenty in your homes, prosperity on every side and this beau tif ul country made more beautiful by its thrifty citizens. I am glad to meet many familiar faces on this occasion; several times have we met here for the same purpose, but those meetings only served to keep us in line, when the time should come for real action. That time has now come, there bas not been a time that I have seen which is as propitious of re sults as now. Many people say a product of the value of our cotton crop is too vast for small farmers to undertake to control; they say six hundred million ($600,- 000,000 00) dollars is too much for them to grasp. Did you ever think the email farmers, as we are termed by other professions, and people, raised this mighty crop? Why then, if they can finance sufficiently to raise that much, why not control it until it is sold? - Mr. Chairman and gentlemen, that task is not of such magnitude. Now let us look into the facts as they exist; while the crop is as large as I have stated, yet, eight millon have already passed out of the growers hands, and taking the census report aa correct, tore are five millon yet to come to market. Say this is one million more than is wanted by the manufacturers, this is what is giving all of the trouble, the surplus is all we have to contend with. Many ideas have been advanced, but I have only seen one article written on the subject that was on the same line of the resolution I introduced in my county meeting, which they adopt ed and I send for your consideration now. I hope to take it then to the New Orleans meeting. The other I refer to lacks sufficient money to carry it through. My resolution simply means that there will be five million bales of cotton to sell; now, put this in the hands of our Association for them to sell at 10 cents per pound, for middling cot ton at the Southern ports and manu facturing towns, and add the cost of handling the cotton to the price paid the producer, this will be the cost to the consumer, and let none go for less than the stipulated price and pay the producer all that is sold to September let. If there is not enough to pay him 8 J cents by that time, let the Asso ciation borrow on the surplus enough to pay each 8 cents for his cotton, then give a receipt for the balance to be issued in stock of the Association, but, should the Association by a majority vote of the stock agree to discontinue the Association, then sen the surplus and pay each his prorata part; but, should a majority of the stock decide to continue, then issue stock for this amount at tlft value of 1J cents per pound,. This plan you see, gives all to the producer that we can hope to get out of it and leaves the producer still in possession of his cotton; if there should be any dissatisfied holder of stock there will be money to buy his stock from him, but I predict there will be very little for sale, for it will be the key to the situation in the fu'ure. Mr. Chairman, suppose we look at these market reports: "Prices were almost sensationally strong amounting to an advance of 5.50 percale over Ust week's low level, but reached it io the late trading." That is from the market report of one day; the next day we find tls : "The opening was weak and worked downward to a Iocs of 25 to 26 points before a rally6ccurred." "Receipts for several weeks have been so extremely small that reOa to a norma! n-emenQa-ould mean a very large increase, and probably have more of an unfavorable effect thanX' She falling f.ff had I hope fou have listened attentively to these reports; they show the tactics of the speculators, one is to sell what they do not own; the first report was for the benefit of the buyer, to induce him to bay at an advance; the next is to scare the holder, to induce him to sell that he may supO whaShe sold tbefthan last year, now should the crop not day before and did not have. The speculator is not afraid to take suet chances so long the cotton is held by so many individuals in other words, so long as they do not organize and sell as one man. We had a large and enthusiastic meeting of our county people on Decem ber 81, and they urged us to press this plan, both at this meeting and at New Orleans. Many of our citizens came to me who could not attend that meet ing who were just as eager for the plan as those who were present. Our people are holding like grim death and looking for our association to tell them when to let loose. Let me beseech you, gentle men, not to delay this matter longer, but push forward this plan and my people will praise you for the noble effort. I "know you are puzzled with so many plans to decide which to take some of them are foolish such as burning for instance; why would you work so hard to make a thing and then destroy, and immediately repeat the process ? Some plans emanate from the fertile and in' genious brain of the speculator; it is not necessary to point them out to such an intelligent audience as this, but I mention it to put you on your guard. I saw where a farmer suggested that the government buy the surplus at 9 cents and hold it indefinitely, have no doubt he was honest in his suggestion, but how quickly would the speculator get to Washington to unload his 7 cent cotton on the government. at 9 cents, and immediately return to the lambs to get another supply of cheap cotton and be ready for the next call of the manufacturers, The manufacturers at their meeting in Charlotte last week passed a resolu tion indorsing our effort to increase the price of cotton, and are willing to pay more for cotton if we will meke the price stable. We as farmers too often look upon people in other avocations of life as inimical to our interests, if that ever existed; it no longer does, for with an intelligent and a better understanding the barrier disappears, and the bond of a common citizenship becomes a bond of friendship and common interest, I have seen already signs of the far mers holding; the spot markets of the South are firmer than the New York market; that is caused by the demand for actual cotton to fill contracts that were sold some time ago, and now they have to bid up to bring out the cotton A mill man insisted upon a farmer who was storing his cotton to sell, and offered him one fourth of a cent more than the market, at the same time re marked he had cotton bought to be delivered up to July at 7 cents. This fact scared the farmer at firat, but I told hjm it was evident some one had sold cotton which he did not have, and while the mill man had futures bought, it was not cotton, s,nd it shows they cannot get cotton as easily as they once could, although there may be, and doubtless is, plenty of cotton back, but, fellow farmers, hold fast to it and do not let it go until they give better prices for it. Some with a speculator turn suggest going into he future market and do what is called pyramiding you will be welcomed there by the bulls and bears, for it would be another case of: "Walk l)i to my parlor, said the spider to the fly," while they proceed to wink the other eye. I am opposed to the gambling feature of dealing in cotton and there is not the slightest suggestion of a gambling nature in my plan, it is simply holding your cotton as common property and letting the manufacturers have it as they need it at our price, which is to be reasonable, and holding the , surplus until it is needed. One farmer objected to placing his cotton with the association on the ground that be could tike care of his own cotton, but said the right plan was to Christianize everybody, then both sides would do the right thing. I know he thought this was the whisper ing of the aopls in bis ears, but he evidently don not know the voice of the Lord; this man lives far inland and does not get fish (brain food) often. . Mr. Chairmaf, you must excuse me for giving more etatiics, but, we must loolqjy this matter (mm all sides. Esti mating this crop at thirteen million, with eight million sold leaves five mil lion back. The exports last year were over two millionTnd home mills took nearlfrwo million, making a little over four million Mteu for consumption from January 8th to September 1st, 1904, and you know how many mills sloped for want of cotton in that time; with that as a guide it would leave one million for the surplus this year. ) I do not believe the mills in this country are any better off for cotton be as much ss estimated our position will be all the stronger. Fellow farrners, arouse yourselves you will have to take care of your own interest; you have been warned time aifl again by the Northern capitalists and speculators, unless you pay them ex orbitant usury, you must do without th Mr money and without their price. A Presbyterian. Federation. The most important step yet taken to ward organic union of the seven branch es of the Presbyterian church in this country, is the adoption by the com mission representing the several branch-' es, of a plan providing for the establish ment of a council, to be called the "Federal Council of Reformed Church es in America, Holding the Presbyteri an System." This council, it is an nouncad, will be practically a board of arbitration. It will be composed of four ministers and four laymen from each of the branches represented, with an additional minister and elder from each church for each 200,000 commu nicants. According to this agreement the Northern Presbyterians church, with about 1,000,000 members, will have sixteen representatives, and the other churches will be represented in proportion. The federation will guard against duplication of missionary agen cies by division of territory. Each church belonging to the federation will retain its identity in all things. Worthy of Emulation. Atlanta Constitution. The spirit manifested by Mr. S. T. Morgan, president of the Virginia-Carolina Chemical Company, is worthy of emulation by all the great business concerns whose interests are closely identified with the cotton trade. President Morgan states that it will be . the policy of bis company to exer cise the greatest leniency with those with whom it deals in order that- no unnecessary hardship may be suffered by undue pressure as the result of the sudden drop in cotton. In other words, it will be the policy of the company to ssust in carrying its clients through the low price crisis by the exercise of a broad and generous policy, which will prove of material benefit, and which will be correspondingly appreciated throughout the cotton section. By similar co-operation from all business interests whose welfare is so closely connected with the cotton crop, rising values will soon be the immediate result. Tbe New Orleans Cotton Convention The Waco Business Men's Club bas instructed its secretary, Homer D. Wade, Esq., to send out to the Secre tary of every business men's organiza tion in the cotton states and territories a copy of the resolutions recently passed by the club inviting each organization to send one or more representatives to the New Orleans Cotton Convention. The merchants attending the conven tion will be invited to attend a confer ence of merchants at the St. Charles Hotel on Wednesday, January 25th 1905, being tbe second day of the convection, to appoint a committee of merchants to act with a like committee to be appointed by the cotton conven tion and also a like committee to be appointed by the conference of bankers now being called to meet at the St. Charles Hotel, Wednesday, January 25, 1905, at the same hour tbe confer ence of merchants will meet. These three committees of cotton growers, merchants and bankers will take up the subject of warehousing cotton throughout the cotton states and territories, and either devise some plan of their own, or possibly adopt what is so generally known as the "Waco Plan." Urn tally Tortured. A case came to light that for persistent and unmerciful torture has perhaps never been equaled. Joe Golobick, of Colusa, Cajjf, writes, "For 15 years I endured insufferable pain from Rheu matism and nothing relievqsj me though I tried everything known, I came across Electric Bitters and it's the greatest med icine on earth for that trouble. A few bottles ot it completely relieved and cured me," Just as good for Liver. and Kidney troubles and general debility. Only 50c. Satisfaction guaranteed by all Druggists. 0 If you would dwell in the memory of your friends borrow money of them. Chamberlain! Cough Remedy Abso lutely Harmless. SI The fault of giving children medicine containing injurious substances, is some times more disastrous thg)n the disease from which they are suffering. Every mother should know that Chamberlain's Oough Remedy is perfectly safe for chil dren to tap. It contains nothing harm ful and for cougs, colds, and croup is unsurpassed. For sale by M. Lb Marsh and D. D. Johnson. A BIO CO PI TB ACT LE Charlotte Chronicle. The Chronicle has had a good deal to say lately of the development of the Yadkin water power by the Whitney Company, and it will interest our read ers to learn that the contract for building the dam has been let. The Salisbury -Posf tells us that the con tract was made jjsj Captain E. B. C. Hambley, manager of the Whitney Otmpany, and the contractors agree to begin operation at once. By the terms of the contract Gillespie & Co. are to build the dam and complete the canal at the Narrows, the consider ation being f 1,700,000. The contract ors agree to complete this work by the first day of January, 1907, and tbe Whitney Company will be able to sup ply their power within a radius of 80 miles shortly afterward. The Post fur ther says: "Capt. Hambley, when seen in his office this morning, had a map of the town which the Whitney Company pro poses to lay out at the Narrows. The incorporate limits include 2,700 acres and manufacturing establishments, res idences and store-rooms will be ready for occupancy even before the power is developed. With the cheapest power of any city or town in the South, Capt. Hambley believes this is destined to be one of the most prominent manufac turing centres in the Southern States." As has been stated in The Chronicle, the "labor problem" has been solved by the Whitney Company. It has ar ranged to import all of the workmen that it needs. Tbe contract for tbe digging of the canal and tbe comple tion of the dam at $1,700,000 repre sents but a small part of the outlay of this company in tbe completion of its project, which, in its completed state, will represent much over five million dollars. Jt is by long odds one of the greatest development works ever at tempted in tbe South. Most of the cotton burned in the south as an object lesson intended to show the indignation of the planters over the ruinously low price of the sta ple was paid for by popular subscrip tion for the purpose. This emphasizes tbe public nature of the protest, but shows that the farmers are not burning money. They know the value of their cotton, and they know that it will keep. A'lanta Constitution. Stomach Troubles and Constipation, "Chamberlain's Stomach and Liver Tablets are the best thing for stomach troubles and constipation I have ever sold," says J. R. Cullman, a druggist of Potterville, Mich. "They are easy to take and always give satisfaction. I tell my customers to try them and if not satis factory to come back and get their money, but have never had a complaint.' Nor sale by M. L. Marsh and D. D. Johnson. Why not let the mills have it at the low price and then burn the money. It would at least benefit the mill men. The few thousands bales burned in a frenzy of foolishness will cut absolutely no figure on the future price. Raleigh Post. " ' No Pity Shown. 'For years fate was after me con tinuously," writes F. A. Gulledge, Ver bena, Ala. "I had a terrible case of Piles causing 24 tumors. When all failed Bucklen's Arnica Salve cured me Equally good for Burns and all aches and pains. Only S5o at all Druggists'. aiwrefteaeeAeAefteA BUCK'S: Stoves t Ranges 2s Simply cant wear out $CRAYEN BROS. FDRNITDRE AND. UNDERTAKING COMPANY f 'iise6eeieiefteAiee PRICE LIST D. J. BOST fcCO. Corn, 70c per bushel. Peas, 70c per bushel. Egts, per dozen, 20c Chickens, 20 to 30 cents. Butter, 12YsC to 15c per pound. Sweet Potatoes, 35c to 40c per bushel. Irish Poatoes, 75c to 90c per bushel,. Onions 90c to $1 per bushel. Peanuts, 75c per bushel. Pork, 8c per pound. Partridges, 8Y3C to 10c a piece. Rabbits, 5c to 7V2c. Rabbitts must be cleaned and skinned, with head and icet left on. Will give you the highest market price for Hides. D. J. BOST & CO. FBEV'S VERMIFUGE Is the same good, old-fashioned medicine that has saved the lives of little children for the pastfio years. It Is a med icine made to cure. It has never been known to fail. If your child Is sick get a bot- FREY'S VERMIFUGE A FINE TONIC FOR CHILDREN Do not take a substitute. If your druggist does not keep It, send twenty-five cents In stamps to m. s s. JT-nirs-sr Haiti in ore. Md. and a bottle will be mailed you. City Resikes in We olTer for .sale the following houses and lots in Concord : Two good lots, each 60x320 fret, on South Union street. Price $600 and $700. One town lot 82x200 feet in central part of town, splendid neighborhood, with 5-room cottage, $1,000.. One town lot on Spring street, near graded school, 70x210 feet, with six room cottage, $1,400. One beautiful lot on South Union street, not fur from Lutheran church, 62Vax225 feet, $2,100. One resident lot on South Spring street, not far from Corbin street, 62'ixl35 feet, $525. One lot on North Main street, 60x300 feet, with two-story 7-room dwelling, nearly new at a bargain. One vacant lot on Uliion street, at Fair7iew, 50x108 feet, at a bargain. One lot on East Depot stieet, 70x70 feet with 5-room dwelling and store house. $900. One acant lot at Wadsworth Addi tion at a bargain. 7 acres near Gibson mill and Furniture factory, $250. One lot in Wadsworth Addition. Price $250. House and lot, barn, well, etc., between Vallev and Pine streets. Concord. Six room Rouse. Price $1900. ")ne two-storv, six-room house, Vallev street, lot 112x130. Price $1160. One house and lot on Pine street, one- story, four-room dwelling. Price $950. One lot in Concord, five-room new house and barn, 75x150 feet. Price 900. One lot in Wadsworth Addition, six- room dwelling, nearly new. Price $-120. One lot on North union street, size 61x189 feet. Price $1,421. One house and lot on Vallev street, lie- tween Depot street and Cannon's mill, 63x120 feet. House has two stories, good well ol water. Price $850 cash. One desirable residence lot on west side of North Union street, 64x150 feet. I Four beautiful lots on Allison street in Harris addition, each 60xiC0 feet. Price $200, or $50 each. j One lot in rearol Dr. lirirhn s residence, 1 70x140 feet. Price $150. eaeaet-efteaeaeaefteAe-ii ;re aeae DOLLAR - DOLLAR That's exactly what you get with every Buck's Stove and Range- Dollar for Doll, in fact you get mere for your dollar fhen buying a Buck's than any other make. This is a proven, admitted fact. KELLiln SURE CURE .FOR., INDIGESTION! THAT'S ALL... SOLD BY Gibson Drug Store O.O. Richmond. Thos. W. Smith. G. G. RICHMOND & GO. 1882 1904. GENERAL INSURANCE OFFICE. Carrying all lines of business. Companies all sound after Bal timore fire. We thank you for past favors, and ask a continuance of your business. Rear room City Hall. Vacant Lois fir Sale. One house and lot, on Mt. Pleasant road, 198x500 feet, 5-room dwelling, stable, 110 fruit trees and vines, etc. Price $1,050. Half-acre lot, with 5-room dwelling, on Simpson street. Price $600. House and lot in South Concord, in beautiful elm' grove. Price, only $1,000. One beautiful building lot on North Union street. 64x278 feet. $1,500. One beautiful lot, 70x150 feet, with two-story 7-room dwelling in splendid community, near graded school, churches and business part of town, at $2,000. One vacant lot near Furniture Fac tory, 1100. Lot No. 6, in Harris Addition at $100. One lot in Coleburg, 50x287 feet, 4-room dwelling-, cheap at 350. One vacant lot on east side of Allison street. Price $100. One vacant lot on East Depot street, between Otto Cook lot and John S. Hill lot. Price $325. Six-room dwelling on North Union street, has also two large pantries and bath room, 75x256 feet lot, stable.wood- house, garden and fruit. House and lot in Mt. Pleasant, near the College, with 6-room cottage, good well, plenty of fruit. Size of lot 800x200. Price only $700. Two lots on East side Gibson street. Price $160 each. One lot in Fairview. Price $150 cash, or $164 in installments. One lot in Wadsworth addition, front ing the railroad, size 60x120 feet. Price $131.25, cash One 5-room cottage on north side of West Depot afreet, adjoining St. An drew's Church, price $1,000. One 6-rdom cottage on beautiful knoll, near Fenix Roller Mill, price $900. One 5-room house on comer of Allison and Smith streets, price $425. One four-room cottage on Cabarrus street, 50x150 feet lot. Price $500 cash. One lot on corner of Corbin and Pow der streets, with.two3 room dwellings. Price $700 cash, or $400 tor front lot and $300 for rear one. JNO. K.PATTERSON & CO., Real Estate Agents, Concord, N. C e&e eftiieirereefeeftee i