, WHlur: IT 18 NEWS. 1 ALL THE NEWS '*> | VOL 9 Sad Tragedy At Winston Aged Man Dropped Two Stories to Death —Fell lmo Elevator Hole — Coroner's Inquest Held This Afternoon. Wirston Salem, Oct. 22. —S. F. Wade, aged i>-. an apple peudler, was killed instantly at 10 o'clock today by fall ing into an elevator hole in the build ing of the Carolina Cold Storage and Ice Co. He dropped two stroies and was dead when found. The purpose of his visit to the build ing is not known. He was alone when the accident occurred. Wade came here from Greensboro six years ago. A coroner's inquest is being held this afternoon. The Civic Forum For New York City New York, Oct. 22.—T0 give New York a public platform of international influence, plans have been made for a series of meetings the coming winter in Carnegie Hall, at which leading men from this country and almost every country in Europe will speak. The new movement will be known as the Civic Forum. The moving spirit is Dr. Lyman Ab bott, who is chairman of the governing council and among those who have lent their names to the undertaking are William J. Bryan, Archbishop Ire land. Bishop Potter, Samuel Gompers, John Mitchell, the Rev. Dr. Edward Everett and Secretary Taft. The first meeting of the Civic For um on Wednesday next will have Gov ernor Hughes as chief speaker. Much Money Spent For Horse Racing New York. Oct. 22. —Some idea of the magnitude of horse racing in America is gained from a tabulated re cord of the winnings of thirty owners, made public today. The grand total is $1,706,821. This in itself would be a great sum, but it only represents a very small number of horse owners that have won money on the turf since January I to October 19. In the aggre gate the winnings of all owners reach es $6,000,000. This sum represents only the amount paid out by racing as sociations to owners. The money ex ponded by citizens of this country on the sport of kings is not included. The sport is well named, for it takes a king's income to maintain it. A conservative follower of the game who has a penchant for figuring said that $25,000,000 was paid out yearly by racegoers to racing associations and bookmakers. This represents bets, admission prices and railroad fares to the tracks. WILL MARRY GOVERNESS. Millionaire to Marry His Daughter's | Governess. Philadelphia, Pa., Oct. 21. —Abraham I F. Huston, of SCoatesville,, Pa., im-, mensely Wealthy, president of the In-j dependent Iron and Steel Association j of the United States, the Steel Trust's rival, is to marry Miss Alfreda Fran cis Sly, who has been governess to his three daughters for several years. Ur- Huston, 66 years old, is a very re ligious Quaker; Miss Sly is 37 years old. That they are to marry became known only when Mr. Huston took out a marriage license. It was sair that when his first wife died, a few days ago, she called him and Miss Sly, for whom sne had deep affection, to her bedside and rrged them to wed and tare for her children. Mr. Huston has just bought a fine estate at St. Davids, Hoar this city, to which he will take his bride, probably. NASHVILLE GREETS PRESIDENT City is in Cala Attire—Great Throng V/elcomec the President. Nashville, Tenn., Oct. 21. —Never be fore was Nashville so elaborately dec orated as today to give welcome to President Roosevelt. The decorations were on almost every house in up-town section, which was crowded with peo ple from within a radius of hundred miles. ■'lie President was greeted with the fheering of thonsands of people. In 'he parade was a battalion of state guard and a company of Confederate veterans in uniform. Aeronants Arrive. St. Louis, Oct. 21. —The arrival Fri day night of Paul Meckel, who will Put one of three German entries in the international balloon contest, completes the list of aronauts who are to register at the Aero Club head quarters. President Cortland Bishop of the Aero Club of America came on the same train with Meckel. J. C. Lake, inventor of submarine boats, is also here. Dr. Julian Thomas, of New York will watch the contests. A meeting of the contest commis sion was held last night, but little business connected with the race was transacted because of the ill ness of President Dozier of the Aero Club of St. Louis and the sleepi 11;'ss of Augustus Post, of New York, who stayed up all the night before in the balloon Stevens, No. 21. Florence, Italy, Oct. 21.—The obser ve-ory here reports a heavy seismic 'listurbance westward, between 5:20 sad 8:50 this morning. DEEP WATER WILL SAVE THOUSANDS 1 Mr. John A. Fox Says Charlotte Mer chants Would Save if Wilmington Harbor Was Deeper—Resolutions Passed.' Charlotte News, 2?nd. Mr. John A. director ( of the Na tional Rivers and Harbors Congress, addressed a small audience of repre sentative business men in the council chamber at the city hall last night. The number to hear Mr. Fox would have been larger save for the fact that the notice was not sufficient. The meeting was presided over by Col. A. L. Smith, who introduced Mr. Fox. Mr. Fox began his address by ex plaining the purpose of the Rivers and Harbors congress, and what it hoped to accomplish before congress in the way of adding to our water and har bor facilities. "Tho organization is just about a year old,, and is composed of members from every section of the country. For the purpose of presenting the purpose of the organization, the country is divided into twenty-four districts, and for each district ■is a director, who has charge of the publicity work in that section. One of the most surpris ing statements made by Mr. Fox was that this country, since its formation, has spent only $253,000,000 on its riv ers and harbors for the entire pe riod of ov?r a hundred years. This is a feeble effort when the vastness of i our country and its water ways are | considered. "There are at present 220,000 miles ' of railroad in this country, and the chance for relieving the present freight congestion by building more roads is almost impossible, for the needed in crease in railroad facilities is 44 G-10 per cent, while the per cent of ability cf the railroads to increase is only 7 4-10, and therefore the country must look to its water ways to relieve the situation. To make this necessary in | crease in our railroad facilities would cost five billion dollars, while with an expenditure of five hundred mil lion dollars on our water ways, this congestion could be relieved. "The building of the Seiux-Marie canal between Lake Superior and Lake Huron has shown the great sav ing accomplished by this means of transportation. The old rate from Du luth to Buffalo was twenty-nine cents ' per bushel by water, and forty-six cents by rail, and today, the water rate from Chicago to New York is only 5.55 per bushel, and the rate by rail is only 10.81. This is a saving of $139,000,000 annually. "The government has spent on the Monongahala river within a distance of 58 miles $6,700,000, and has by this means reduced the rate on coal from ] 44 cents per hundred to 4 cents. What it Means to Charlotte. Besides giving a great many figures for comparison, Mr. Fox showed in a wonderfully clear manner, what this movement means to Charlotte. "If Charlotte could ship byway of the port of Wilmington instead of Norfolk, the Charlotte merchants could save 5 per cent per hundred, or an annual saving of §500,000. "The deepening of the port of Wil mington to 20 feej. has increased the business of that port from $11,000,000 in mOO to 515,000,000 in 190 G. "The government has spent altogeth er on the rivers of North Carolina, $l,- 600,000, and this has resulted in a business of 819,000,000. The cost of transportation from Charlotte to New York is only 1-9 as the rate by rail." Mr. Fox gave some-figures showing how this section was discriminated against in the matter of freight rates. The rate on the northern group of roads is four and seven-tenth mills, on middle and western group four and three-tenths, and on the southern group it is nine and four-tenths, which is the same as that on the extreme western group, where the country is sparsely settled. Mr. Fox urged upon those present the importance of sending delegates to the meeting in Wilmington on Novem ber the sth, when a state association of this organization will be formed. Af ter the address, Mr. T. J. Davis offered the following resolutions, which were unanimously carried: Resolutions Adopted. Resolved, by the business men of Charlotte assembled this 21st day of October, 1907, that we heartily en ; dorse the efforts of the city of Wil- J mington to secure a deep water chan nel at that port, that we pledge her citizens our support and cooperation to accomplish this end, and that our city be represented at this state River and Harbor meeting to be held in Wilmington on November sth. Be it further resolved, that we en dorse the move of the National Rivers and Harbors congress to have large and regular appropriation made each year by the general government for for speedily completing river and har bor projects, and it is the sense of this meeting that Charlotte be identified with the move. Directors Selected. Salt Lake City, Oct. 21. —Stockhold- ers of the National Railway of Mexico met yesterday and re-elected fifteen di rectors. Killed by Automobile. Chicago, 111., Oct. 22. —While racing in an automobile, Adrian Gibson, of Cleveland, 0., was killed end five com panions injured. James H. Jones, of Arkansas, who managed William J. Bryan's cam paign, recently wrote the Nebraska leader advising him not to be a can didate again, and giving as his opin ion that if he is a candidate he can not be elected. i £ jjgjj HICKORY, N. C., THURSDAY OCTOBcR 24, 1907, XlSt /-\V X-. p. !> •£i \ — ab^7^ mm "i- ' / fW>I-is^^EOS-\l#lfASms') fH -: mWiUmm Wild Breaks on Stock Exchange Follow Developments Knickerbocker Trust Company bnusual Excitement Pre vailed in Financial Cir cles* Resignation of Pre sident Leads Hundreds To Withdraw Monev. Several Violent Breaks Recorded on Exchange —Comptroller oj Cur rency Rigley Says There is no Ground Jor Alarm. New York, Oct. 22—The feeling of relief with which the bankers, brokers and business men the transaction of business yesterday was succeeded bv considerable nervousness today, as the result of developments concerning the Knickerbocker Trust Company. News was made public last night that the National Bank of Commerce yesterday gave notice that it would de cline any a longer to act as a clearing house agent for the Knickerbocker Trust Company, and the resignation of Charles T. Barney of the presidency of the latter served to unsettle senti ment more than the Morse-Heinz de velopments of last week. Bonds of the Consolidated Steam ship Company, controlled by C. W. Morse, showed a weakness on the curb today, the opening sale being 12 1-2. Excitement amounting almost to alarm marked the opening of business in Wall street. The stock market open ing showed the severe effect of the renewed shock to confidence caused by the published details of the affairs of the Knickerbocker Trust Co. Prices broke widely on the opening, but al most immediately rallied, followed by another break. The second break was followed by a good rally, the decline being arrest ed. With this demonstration of the effectiveness of support for the mark et, a more tranquil feeling ensued. Run on Knickerbocker Trust Co. At about 11:30 a. m. the firm tone in the market disappeared under re newed heavy selling. Union Pacific lroke to 112 1-2, a decline of 4 3-4; Reading fell to 801-4, a loss of 5 3-S; while St. Paul sold at 100, a decline of 4 1-4 from last night. Northern Paci fic sold at 112 1-2, a decline of C points from last night. At 11 o'clock there was over 20t' persons in line at the Knickerbocker Trust Company, and depositors were being paid off at the rate of 40 an hour. Several men who came to de posit money decided to wait a while when they found the run in progress. Why President Barney Resigned. In a statement given out by a com mittee of the directors of the Knicker bocker Trust Company it iis said: "In view of the fact that President Bar ney's outside interests had become greatly extended and in view of his personal position in the directorate of certain institutions recently under crit icism, and in particular because of his position with the Armors and some of the Morse companies, he had decided that the best interest of the company would be served by his resignation, al though he had no loans with the Knick erbocker Trust Company." Many Withdraw Money. There was a rush of depositors to withdraw their money at the main of fice of the Knickerbocker Trust Com pany when it opened its doors for bus iness this morning and at the branch offices of the company at 66 Broad way and in 125 th street. At the main office, 150 people were in line by 10:20 o'clock and others were constantly ar riving, making a line extending a block from the bank. Second Vice President Allen gave out the following statement: "There is nothing to be alarmed at; we have $5,000,000 in cash in the valuts ! and are prepared to meet all demands. The company is perfectly solvent." Mr. Allen said that the alarm cre ated by Mr. Barney's retirement from the presidency would soon be allayed. Comptroller Ridgely Issues Statement. Washington, D. C., Oct. 22—Comp troller of the Currency Ridgely, in spepking of the financial situation in New York, said: "My advices from New York this morning are reassuring and the situation there should now improve. The storm has broken and the damage is known without any fail ures of national banks, which have | lately been criticised. The clearing 'house confirms my reports that these | banks are all solvent and is standing by them. The national banks of the country generally are in strong shape, and there is not tlio slightest occasion for alarm. This is the time for cool ness. and prudence, not for alarm." Chicago Banks Sound. Chicago, Oct. 22.—The officials of I the banks of this city are a unit in de claring that never in the history of the city have its financial institutions been on as sound a basis as at the present. Call money opened at 10 per cent and went to 15. Standard Oil sold at 395%, the lowest in several years. At 12:35 the market was in a violent slump. At that hour call money was 50 per cent. Cortelvou Silent. Washington, Oct. 22.—Secretary Cor telvou would not make any statement in the matter of making a deposit of government funds in New York. It is understood he has ordered $6,000,000 distributed among the leading National banks of New York. New York, Oct. 22.—The Knicker bocker Trust Company stopped paying money to depositors at 12:30 p. m. A statement is being made that the com pany could not obtain currency rap idly enough. Indians On War Path San Antonio, Tex., Oct. 21.—A. spe cial to the Express from Merida, Mexi -co, says that a telegram from the dis tant village of Peto is to the effect that a strong party of Maya Indians attack ed the encampment of federal troops at Nohvee, near Bacalar, in the terri tory of Quintana Roo late Saturday night and killed seven soldiers and Lieutenant Remon San Martin. The troops were taken by surprise. After routing the troops, the Indians looted the camp. ' \ PICKS UP $lO,OOO ON FLOOR. Then Postman Gives it to Its Owner and is Rewafiied. Pottsville, Pa., Oct. 22.—A fortune in bank notes, checks and other valuables said to amount to nearly $lO,OOO, was picked up from the floor of the lobby of the Pottsville postoffice by Willuwa tidier, a letter carrier. He promptly turned over the ni:>n ey to the postmaster, and it was found to belong to a local corporation, having been inadvertently dropped by a clerk. The letter carrier was handsomely re warded for his honesty. Fifteen Prisoners Escape. Montgomery, Ala., Oct. 22.—A dis patch to the Advertiser from Birming ham, says 15 prisoners escaped from the Southside prison Sunday night and are still at large. Rate Hearing to Be Resumed Monday Raleigh, N. C., Oct. 22.—Standing Master Montgomery sets next Mon day for the resumption of the hearing of the Southern Railway rate case at Washington. s The Bishop of London A Friend to Man. BY DON O. SHELTON. On the eve of his departure for En gland the Bishop of London was in troduced to a large company of dis | tinguished New York citizens as, "First in tennis, first in golf, and first in ! the interest of humanity, whether it inhabits a hovel or a palace." That this high tribute is justified a care ful study of the Bishop's words and ! works clearly shows. He has proven himself a friend to man. He has been as eager to declare the Gospel to the poor and outcast in ' the slums of London as to officiate at J the stately services in St. Paul's Ca thedral and Westminster Abbey. He has shown himself to be a man of the very broadest and highest type of Christian character. He has, evident j ly, one absorbing desire: to help men out of their sins and miseries. For the achievement of this he uses ; the most unconventional methods. His address, delivered on the steps of the Custom House in Wall Street. New York, last Tuesday, indicates a method he has persistently used in the slums and parts of London. He goes with his message to the people. He is plain and direct in his speech. In every ad dress he aims at something vital anrl hits it. "I would like to tell you," he said to the crowd of Wall Street hearers, "that there's no standard that a Bishop is required to have, that a Wall Street man should not have." One secret of Dr. Ingram's wide popularity and influence is his simpli city and genuineness. He makes him self one with his hearers. The laboring j men and others who gather at his out-door meetings find in him a friend. His closeness to the people is shown by' an incident that occiwred during a noon-day meeting which he held at a London gasworks. When speaking on that occasion a man interrupted I with, "Hold on a minute, guY'nor, are jyou a "tot'"? —meaning a teetotaler, i When the Bishop said that he was, the j man said, '"Ccs if you hadn't been I I wouldn't have listened to you." That j the Lord Bishop of London does not resent such thrusts from his hearers is one indication of his greatness of j character. It has been his custom in recent years to make tours through the dio cese of London and conduct simple services for the people. At each of these he not only speaks on a great Gospel subject, but answers questions asked by his hearers. His last book, just published, con tains the addresses given by him this year in East London. It is entitled "t'lie Call of the Father." His answers to questions throw light on his char acter, and reveal the secret of the marked helpfulness of his teaching. Someone asked him whether, if God fore-knows and fore-ordains, prayer can make any difference? To this the Bishop answered: "God fore-knows i and fore-ordains subject to certain things which may or may not happen. You remember that it is said of Jesus Christ, that 'He did no mighty works' in a certain place 'because of their unbelief.' He was full of power and i love, but there was no response at all, I and He could not do them. There was I perfect power and love in Him, but | He could not do what He wanted to ' do. I find a parallel in some young | nian who is sent by his father to an i old friend's office in the ( city. The old friend is most anxious t'o bring on the I father's son, but the boy comes down I unpunctuallv to the office, there is trou jble over his figures; the old friend can not get him on because there is no 1 response on the part of the boy.' Now | that is exactly what happens to the i sons and daughters of God. 'Come out from the unclean thing, and I will be a Father to you, and ye shall be My sons and daughters, saith the Lord Almighty.' But supposing they do not supposing there is no response,; Hundreds of Gather in Chicago To Discuss President Praises Negroes For Prosperity Memphis, Tenn., Oct. 21. —The Pres ident's special made a stop of three minutes late last night at the town of Mound Bayou, Miss., a place where the inhabitants are all negroes. Practical ly the entire population was congre-' gated at the station and the President spoke to them as follows: "It is a great pleasure for me to see you and I have heard much of the prosperity of your town. I am glad to learn that you have not permitted a saloon in the limits. The qualities that make a good citizen must come from within and not from without. The law can give absolute equality cf treat ment, absolute justice before the law, to all men, big or little; it should treat them all alike. But after the law has done its part it remains true that the fundamental factor in any man's success is life in his own character, his own capacity for work, for doing justly by his neighbors and in getting Justice from them in return." Visited Tomb of Polk. The president visited the tomb of President Polk, after which he made and address in the auditorium where he was given a reception which will not soon be forgotten. He then pro ceeded to Hermitage, the home of President Jackson, where he was en tertained by the ladies of the Hermi tage Association and met Mrs. Rachael Jackson Lawrence, grand-daughter of President Jackson. On his return to the city the president stopped at the I Tennessee soldiers' home, where he 'was received by the Confederate vet i crans. The train left for Chattanoo ga. Ambassador Creel Will Retire From Service Mexico City, Oct. 21. —At the state department yesterday, it was announc ed that Enrique C. Creel would soon retire as ambassador to the United States from Mexico. The exact date of Ambassador Creel's resignation or the name of his successor was not made public. It is said that Mr. Creel will remain in Mexico after the session of the Central American Peace Conference at Wash ington. As soon as the peace conference ad journs, Mr. Creel will go to Washing ton and remain there a short time be fore he retires from his position. He will return to the state of Chihuahua, of which he was recently elected gov ernor. Balloon Sighted. Bloomington, Ills., Oct. 22. —A bal loon passed over Bloomington at 3 o'clock this morning, going in a north easterly direction. It was traveling at the rate of 25 or 35 miles an hour. Balloon Seen At Augusta, Mioh. Kalamazoo, Mich., Oct. 21.—At 10:15 this jnorning a balloon was seen at Augrfsta, 11 miles east of here. It was J traveling northeast. South Haven. Detroit, Mich., Oct. 22.—A dispatch to the Journal from South Haven, Mich., says a balloon carrying two Am erican flags passed there about 9 o'clock this morning going in a north easterly direction. Seen at Olivet. Kalamazoo, Mich., Oct. 22. —It is re ported from Olivet, 40 miles northeast of here, that two balloons passed over there at H o'clock. Washington, Oct. 22. — The weather bureau received a report that the bal loon piloted by Major Horsey is report ed to have begun passing over Lake Michigan. Flight Toward Great Lakes. Washington, D. C., Oct. 21. —Presi- dent Moore, >of the weather bureau, said the reports indicate that whole flight was toward the Great Lakes. Fifth Victim of Wreck. Special to The News. Greensboro, N. C., Oct. 22. —Death claimed its fifth victim of the rail road wreck at Rudd Thursday night yesterday.. Mr. John A. Linberry, of Randleman, Randolph county, died about noon. The remains were sent to his home for burial this morning. He was a lumber dealer and saw mill operator.* His leg was broken in the wreck and he sustained inter nal injuries. Gdfc cannot bring them on because they have free will, and what we believe prayer to be is a response of faith. The man or woman who prays re ceives strength and grace, and God can bring them on; He gives them grace for grace; and as we pray for ourselves and pray for others our pray er for others helps God's work for them. And therefore God would have all men to be saved and come to the knowledge of the truth, but at the same time He is hampered in His work (be cause we arc men and women with free will) by the amount we respond or do not respond to what He does." An answer of that kind is going miles to hear! But it is only one of seven answers which he gaye to ques tions at one of his East London meet ings. The Bishop of London, by his words and example, is teaching the Christian world two lessons of vital importance: He believes that the Gospel is the one essential message for mankind; and he believes this so firmly that he takes it at whatever cost to himself, to all sorts and conditions of men. THE BEST JOB PRINTING OP ALU K!NDB AT THI3 OFFICE. Delegates trom Forty- Three States, Number ing Over 500, Gather at Chicago to Consider Trust Problem. Many National Organiza tions ALo Represented at Meeting—Conference to Last Three Days- Subjects to be Discussed Chicago, 111., Oct. 22. —More than 500 delegates, appointed by the governors of 43 statos, all men of earnest thought —devoted to the best interests of their country—met in convention in the Stu debaker theatre to discuss the problem of trusts and combinations. The National Civic Federation has brought them together to exchange ideas and to recommend informally some solution. It is by far the largest gathering of well-known people over assembled in the United States for the purpose: of discussing trade combinations. In ad dition to the delegates appointed by the governors the attendance includes representatives of many national or ganizations, such as the American Fed eration of Labor, the American Bar Association, the American Bankers' As sociation, the Farmers' National Con gress, the National Grange, the Ameri can Society of Equity, the National Cotton Growers' Association and vari ous wholesale trade organizations and the commercial organizations of indus trial centers. The subjects outlined for discussion during the three days of the conference are as follows: Govermenta* power over corporations engaged in interstate commerce; the division of power under the constitu tion between the nation and the state —power concurrent in nation and state. How should the corporation be con structed ? Should there be national cor porations as well as state? The basis of capitalization of corporations; their internal control; provisions looking to the protection of investors and the stockholders, as well as fair dealing wtih the public; distinction between public service and other corporations. The just and practicable limits of the restriction and regulation, federal and state, of combinations in transpor tation, production, distribution and la bor. "Is the Tariff the Mother of Trusts?" is another subject that will receive much attention and the discussion, it is expected, will be participated in by many of the best known members of the American Protective Tariff Associa tion and of the American Free Trade League. Another interesting topic on the pro gram will be presented by J. A. Ev eritt, the president of the American Society of Equity, a farmers' organiza tion with a membership of more than 2,000.000. In his speech Mr. Everitt will discuss that organization's proposition to con trol the price of farm products. "The White Paper Trust" and the "Labor Trust" will also be subjects handled by Herman Ridder, of the New York States Zeitung. A full explanation of the administra tion's attitude on the trust question will be made at the conference. Her bert Knox Smith, commissioner of the bureau of corporations, of the Depart ment of commerce and labor, has been selected by President Roosevelt to-de liver "the speech and he will cover the subject completely, describing the trust legislation now in force, what has been accomplished and what the administra tion intends to do. Others will be heard along the same lines and are E. E. Clark, of the inter state commerce commission; F. B. Kellcgg, special assistant attorney gen eral of the United States in charge ot the government case against the Stand ard Oil, and Attorney General Hadley of Missouri! The American Bankers' Association is represented at the conference by a delegation of 10 members, among them being ex-Comptroller of the Currency Charles G. Dawes, of Chicago, and Wil liam Woodward, of New York City. The American Bar Association has sent a delegation headed by John G. Milburn, of New York, and Moorfieid Storey, of Boston. Still others of prominence whose names appear on the program are: Sen ator-elect Joseph F. Johnston, of Ala bama; Gustav C. Pabst, of Wisconsin; Bartlett Tripp, of South Dakota; Arch bishop Ireland, of St. Paul; Dr. Albert Shaw, editor of Review of Reviews; Richard Watson Gilder and Nathan Straus, of New York; President Sam uel P. Gompers, of the American Fed eration of Labor; Dr. Lyman Abbott, of New York; President Nicholas Mur ray Butler, of. Columbia University; Seth Low, ex-Mayor of New York; Con gressman Richmond Pierson Hobson, of Alabama; President Carroll D. Wright, of Clark College; President Harry Pratt Judson, of the University of Chicago; August Belmont and Cor nelius N. Bliss, of New York, Mel ville E. Ingalls, of Cincinnati; Theo dore W. Noyes, of Washington, D. C.; Senator W. Murray Crane, of Massa chusetts. and Richard T. Ely, of the University of Wisconsin.