he Monroe Journal
VOL. XVHL NO. 28.
MONROE, N. C, TUESDAY, AUGUST 15, 1911.
ONE DOLLAR A YEAR.
MR. BLAKENEY S ADDRESS.
Wilmington Paper Sayi the Ad
dress Was One. of the Best
Ever Heard.
The Country Hankers' Ass . .
at ion nift at Wrightsville last
Wednesday and Thursday. M'.
"W. S. niakeney presided w its
president. Of Iiis address, the
Star, which prints it in full, says
"President W. S. Wakcney
who is president uf 1 lie Hank of
l ui"U. Monroe, nnnle a tow in
troductory remarks and tlun
made as his annual address one
of the hest speeches on hanking
suLjects, in the opinion of those
who heard it, that has ever heeu
delivered before the Assoeiaiion.
lie outlined tlie purposes of tin
Country Hankers ' Association,
stating that it had not been form
od to antagonize in any way the
State organization, hut was really
intended to supplement the in
l'hieiiee and usefulness of the lar
ger uooy. untuning some oi ine
I'.arniful tendeiieie8 that are the
rule iu some sections at the pres
ent time, he declared that many
of t he financial institutions were
courting failure by their rash
methods and open violation of
hanking ethics. Mr. l'.lakoney
touched upon the action of the
State Association recently at
Lake Kanuga in adopting a tt-so
lution looking to the revision of
the State hanking laws, and pro
viding for the drafting of a hill
to he presented to the nest State
convention. He advised cverv
tiu'inlT present to study the pro
posed measure and he prepared
to vote intelligently on it when
th time came, lie also discuss
ed at some length the need of a
currency reform, and advocated
the central hank idea, lie stated
that because a good measure
cam- through an Aldricli or a
reelaud it would not do to
purii it. Picturing the benefits
Hj.tl advantages that would ac
crue from a currency system un
der which no panic could exist,
Mr. Hlakent-v declared thatwhil
country bankers might not have
a la rue voice in great questions
like this, they still had a duty
to iHi-l'orm ami added that In
should give the matter careful
study so that he might be fitted
to work intelligently for the bet
teniient of conditions.''
Some Extracts From the Speech.
The banking business is as old
as civilization and we might ex
pect that everything would move
along certain well defined prin
ciples and that mooted questions
would be reduced to a minimum
and friction eliminated. Now,
wliil- it is true that no profession
outside the miuistry and educa
tion perhaps occupies a better
atmosphere or receives more def
erence in the popular estimation
than hanking, it still remains a
fact that many details of policy
and management are much at. va
riance Hint stand in need of nine
harmony. No consrrcss, no legis
lature and no mind has ever yet
devised a code of laws sufficient
to form a perfect government
and it can not be done through
anything less than divine agency.
So we need not expect any leg
islature or any association of
bankers to cure all the evils
and troubles that creep into the
banking business, but these are
agencies of no mean importance
and should be utilized to the very
best advantage in bring about
better and more homogeneous re-
suits, l lie troubles in hanking
as in everything else are trace
able to the frailties of human
nature and the fact that banks
rim as well us they do speaks
volumes for the class of men who
May at the helm. Hut bankers
bting human one of the first sub
ject which should engage our at
tention is hanking ethics.
Our associations, whether coun
try, State or National, should
get together and promulgate a
set of rules or fix certain stand
ards which must not be violated
and beyond which honorable
bankers may not go in their race
to capture the other fellows busi
ness. In other words, certain
practices now prevalent amongst
the most covetous should be con
demned and power lodged with
the examiners to discipline any
Mho may be guilty. Of course,
there is power lodged to restrain
fraud ami punish corruption un
der the laws of the laud. I re
f r to practices which are not il
legal per sc. hut which, if persis
ted in, are so insidious and wrong
as to undermine sound hanking
and make the business the prey
f sharks and the unscrupulous.
For example, take the matter of
interest bearing deposits. Tin-
rate should be uniform in the
same territory and th" banks
therein located should he requir
ed to st rick ly adhere to the rule.
No hank should be allowed to
pay more interest to its compe
titors' depositors thaii to its own
iu order to increase its own line
oi deNtsits and pull its eoni-ti-tors
down. It is an unfair ad
vantage to take, an unworthy
proposition to make. Self defense
is the first law of nature and no
banker likes to fold his hands
and simply smile while his com
petitor takes his deposits by
such unfair means, lie feels like
fighting fire and the temptation
is to repel the attack and hold
his own by meeting the competi
tion in tlie given case. If he
fails to hear of the unfair ad
vantage in time to save himself
and loses money, then he is
tempted to invade his enemy's
territory and retaliate by offer
ing like rates or even more in or
der to regain lost deposit a ami
increase his volume. Where such
practices obtain, it is easy to si'c
that the banking business be
comes demoralized ami may in
deed finally become farcical.
Now, if our banking laws are
to be revised, it would he too
tedious to open up the subject
here, but I suggest that the time
has come when it should be more
difficult to become a banker;
and more restrictions should be
enacted in the matter of estab
lishing a bank. Hanks are qtiasi
publie servants and the interest
of the public must he conserved
and should be consulted, before
such an organization is allowed to, j1
be orgauized. No bank should
receive a charter unless there is
an undoubted open feild for op
eration with success more than
probable, lianks must appeal to
the public for confidence! and
they must have confidence in the
way of deposits iu order to sur
vive. The law liow requires pro
fessional men, such as lawyers,
dentists, and the churches now
require candidates for the min
istry, to be put through long
courses of study and to stand ex
aminations before rt iving li
cense.' Why,' liecawse these
men must serve the public and
live upon public confidence, lb
ing passports to society these pr
fessions must be kept pure and
the public must be protected
from quacks, shysters, char-
atans and frauds. These pro
fessions lieing naturally ot a
high character they are liable to
be overrun by the ambitous. and
are as a matter id" fact, and are
liable to be invaded bv the un
scrupulous to hoodwink the pub
lie Therefore it becomes neces
sary tor the public to take a
bund and put' all applicants
through a process of selection
and elimination in order to get
the best possible service; ami this
process must become more and
more searching if we want pro
gress and good service. These
principles hold good and may be
applied with even greater force
with reference to banks. In the
learned professions quacks and
frauds may flourish upon the cre
dulity of the people for a season,
but the public will know finally
and there will be a survival of
the fittest. The same is true with.
banks, but the consequences arc
not the same. Tin value of hank
stock should never he undermin
ed nor confidence in the business
ever impaired, either by having
too many hanks or by the con
duct of such business by incompo
tent or unscrupulous men. Capi
tal is timid. Therefore, the busi
ness must be thou Highly safe
guarded. Rottenness or incompe
tency in a given case not only ef
fects the people immediately in
volved, but unfortunately, when
advertised to the world, it ex
tends to the entire business of
hanking and shakes confidence
where it should never he felt. A
single bank failure coming at an
ill-f.ite,l moment, may precipitate
a panic of such far-reaching con
sequence as to cause tremors and
the
entire business world.
Now, under our mod-ru condi
tions and civilization there can
Im no reasonable tight U-twccii
city and country, Itetween coun
try hanker and city banker. The
city banker holds the h-gal re
serve, collects items, furnishes ex
change and lends money to the
country when it means salvation
in the growing and marketing of
crops. The country banker on
the other hand collects for the
city, searches the byways and
hedges and scours the earth for
deposits with which he feeds the
city man and takes money back
from the city at good rates of
interest and on the lu st collateral
which the country affords. It
is regrettable, nay, deplorable,
that there should ever arise ques
tions of exchange between bank
ers causing friction or trouble
and embarrassment ever in regard
to daily balances. I hope the
time is not far distant when
some scheme or scale may be a
dopted which will he uniform in
character and which will put to
rest any troubles of this charac
ter which may ever arise. 1 s
to you the interest of town and
country are mutual, interwoven,
intertwined and interlocked. It
is our duty to harmonize any mi
nor matters existing which may
arise to the common welfare of
both. The doctrine of city
against country or vice versa is
exploded. It was never anything
except prejudice created by the
demagogues to catch foolish vot
ers and had no logic or argument
to back it up. The city takes the
surplus products of the farm and
thereby creates a market wlu-n
none might otherwise be found.
The farmers' business friend is
the customer and he n Is as
the city needs the country. Throw
customer lives abroad and in ihej
city, while the farmer's business
competitor is his neighbor, right
his door, engaged in the same
nusiiiess. .s tin; country neeils
the city, so in a greater degree
the city needs the country. The
away the hoe and the plow and
the cities will soon starve to
death. Their stocks and bonds
and their millions of invested
capital would shrivel and shrink
ami vanish: and their sky scrap-ei-s
and palaces would ere long
In- only the rendezvous of hats
and owls. If 1 am partial iu this
estimate, it is not because I love
the city less but because 1 love
ihe country more.. We hark back
with pleasure to the life upon
mo larni in ine inns, ine trees,
the streams, the sylvian scenes
demoralizathui throughout
...'which came straight from (Sods
own hands. 1 hat lilt- must ever
be the strength of the nation.
rrom that lite to voii hankers
here by the sounding sea I would
bring a message of good will.
Wingate News.
Miss Kuby Moi-ehoad of P.lewit
Falls is the guest of Miss Kdna
Wiiiiberly.
Mrs. W. C. Perry of Monroe is
visiting relatives here. Mr. and
Mrs. l'erry will move to Atlanta
iu the near future.
Mis. V. K. Hamilton of Jones
born is visiting relatives here.
Mrs. .less1' (iardiier and daugh
ter are visiting relatives here.
Mrs. 1). A. Outeii of Mt. Vern
on (la. spent several days with
Mrs. .1. V. Outeii last week.
Mrs, .1. W. Smith returned
Friday after a moulds visit to
her father-in law, Mr. Smith at
Warsaw.
Ihe protracted meeting
progress here this week,
loci Snvdei- of Cluster S.
is in
Uev.
C. is
assisting the pastor.
School opens here Tuesday
August the t weiity-seeond. at
nine o'clock. All the patrons and
Iriciids of the school are invited
to be present at the opening.
Supt. K. N. Nesbit. will be pres
ent and will probaly make a
short talk. The teachers Prof.
Muck, Misses Carrol, llarward.
amUiwyn will come in this week.
Prof. Carrol the principal is al
ready here. The prospects for
ii
full school are indeed bright, a
great number of students have al
ready secured boarding places.
The public school term will
begin at. once.
Hoard for out of town students
has been secured at the moderate
rate of $!.."( to fl' everything
included.
TWO SUNDAY LYNCHICS.
Mob Murders Negro ia Pennsyl
vania and One Does the Same
In Oklahoma.
Duraut, Okla., Auir. 11. A mob
oi .o i.hiay capiur-d ai.u moo
to dath an undcni;'i. d negro ; thing short of a panic. While
who yesterday attacked and shut j tin- office force was i.bv!i'd-d in
Mrs. iJ.-dd -ui Can.be!!, near lo-iv. i getting off the immense corn-sand
afterwards burned the m-1 pondeiiei , balancing Looks, cel.,
gro's body. la voi-e was heard vry harshly
file negro was Khbd af'tr a
running light, lasting more than
all hour, iu which he exhausted
his amuuitiou, returning the first
of his pusncrs.
Win n h- fell volley after vol
ley of bullets was poured into
his body by the advancing molt.
It was then taken to the home of
his victim. Nearly dead from her
injuries. Mrs. Campbell identi
fied i! as that of her assailant.
The mob then burned t lie corp
se.
Coatesville, Pa.. Aug. 1:1. Za-
chariah Walker, a negro despe
rado, was carried on a cot from
the hospital lore tonight and
burned to a crisp by a frenzied
mob of men and boys on a fire
which they ignited about a half
mile from town. The negro, who
had killed Kdgar Kiee. a police
man of the Worth iron mills,
last night, was first dragged to
the scene of the shooting beg
ging for nurcy. He had been
arrested by a posse late this af
ernooii after a search which had
stirred the countryside. "When
the posse finally located him, he
was found hiding in a cherry
tree and with the last bullet shot
himself in the mouth, tailing
from the tree. He was r-moved
to the hospital and phu-ed under
police guard.
A few minutes after o'clock
a crowii numbering almost one
thousand persons appeared at
the hospital. The leaders were
unable to gain admission, but
quickly smashed the window
fraims and crawled through t ii-
corrider. A noliceuian who had
been placed on dutv to guard
Walker, was the only person in
the building besides the nurses
and patients. The lead -r of Jin
mob placed his hands over the
policeman's eyes while others,
who had entered the building, set
about to take their man from the
hospital. When Walker was ta
ken to the hospital, he was
strapped down in order to pre
vent his escape. Tii" mob see
ing this gathered ihe bed up and
placing if on the siiouldeis oi
four men, started for the coun
try. 'I hey let t the town byway of
Towcrville road. ai:d when a mile
from the- hospital, stopped at a
farm house. Here h.-v entered
a field and quickly gathered up
a pile of dry grass and weeds,
placed the bed containing their
victim upon it. The negro was
begging piteoiisly to be released,
hut his pleadings 1-11 upon deaf
ears. A match was plae-d to the
pile of grass and the flames shot
up quickly, entirely enshrouding
the screaming victim. That not
a visitige of the murderer be
left the mob tore down the i-io-e
along the road and pii-d 1 lot-ails
upon the burning negro.
Home Raised Stock.
The other day. M V. P. 1...
vis. a right-up-to-date fanner of
Mai-shville township, wis h.-r-with
some stock of his own rais
ing. There were five head, rang
ing from six years old down, and
the mother of tii in ail was along
with her brood. On" of these
"colls"' was a mule six years old.
that is a whopper. It will weigh
when in good o.-.i -r l i'ii imunds.
It was bought bv Fowh-r & Lee,
as was also one of the other an
imals. Messrs. Fowler & Let-
also have another home grown
mule that is a 12-Vi pound one.
It was raised by the la Mr.
Frank Haywood.
Yet some folks say Fnion coun
ty is not a good place to raise
lieaw stock.
A King Who Left Home
set the world to talking, but Paul
Mathulka of Huffahi. N. V.. savs
he always KF.L'PS AT 1 ti M fi the
King of all Laxatives Dr.King's
New Life Pills and that they
are a blessing to all his family.
Cure constipation, headache, in
digestion, dyspepsia. Only 2w at
ilnglish Drug Company'.
Not Satiesfied Yet.
P Hers all ;ib..;t tl..- Sut
-ii -
Le
'.llll l'e'llS like his. tile v ie-
ing at Alberihai e :
"Yesterday in the store of
ly Supply Company there
cured an incident which was
the
i iir-a an incident wineii was no
- jdliug 'Macon, that h.-iug the
business name of general ma
nag r. Macon I'fird. Mr. Kt'ird
thought the voice was in the ai
hous" -and went to the back door,
when he heard no more of the
Voice.
Soon as lie was Well settled
at his desk the voice was again
heard, this time sounding like it
was upstairs. This time the voice
sounded very low and muffled.
Soni" one asked one of the clerks
to go upstairs and investigate,
it being the opinion that one of
the clerks had possibly fainted.
As he started up the voice cried
out from the basement iu tones
which struck terror to the entire
store force, including several cus
tomers, 'Oh! my leg is broken.'
Kaise the elevator I am being
crushed.' At this stage they all
ran to the elevator, raising it
immediattely, to find no mangl
ed form as they had expected.''
"Then it was that the great
secret was discovered. A Mr.
Cobb of (Iroenshoro, a glass sales
man, who is a vantriloquist. in
formed the panic-stricken office
and store force that he had caus
ed tin- excitement. One of the
men did not get right for an
hour or more, all having enjoy
ed the joke except Mr. .1. W.
Kfird, who almost wanted to
fight. However, in a short while
he I aim- cool and laughed and
i'jod the joke us Weil ;,s any
of the viclims"
This is the same man who was
arn-sted in Monroe for interfer-
ing this way with a policeman. It
was thought that he had I arued
a lesson, but it seems not. If he
i'ceps op his nuisance soiii' h idy
is going to lick him.
Cotton Crop Suffering
The ( 'oiiiiiicrcial-Aop 'i.l
Villi
yesterday :
I i -tt-rioratiou of a iiioie or less
serious nature in the cotton crop
:s reported from Texas and parts
of Mississippi and Alabama. FIs"-
whe.'-e the el-op has done Well
with local exceptions.
The decline in Texas, which
has ueeurcd in central, northern
and western counties, is tie- re
sult of excessive le-at and two
weeks without ruin following a
W'-t period during which ihe
plant grew rapidly. Shedding
ami worms form the basis of the
complaints. The heat has re-
du 1 the activities of the worms
but increased ihe shedding which
has in places been severe. There
are some reports from this slate
which say the crop is slid hold
ing up iitid that tlie alarm is over
s'ated.
Tin-trouble in Alabama and Mis
sissippi arise from ait excess of
moisture which has made a rank
viiU growth and caiaV-d some
shedding by reason of the rapid
g'-owing of the it is 1 Is and i'l i
worms which are ii;i;ii.-r-ius i-i
some fields. The disappoint
ment resulting from this turn in
affairs has pmdu a feeling
that perhaps the crop prosper!
hud been overestimated.
In 'lie Atlantic Stales. Tenne
ssee, Arkansas, Louisiana, ; inl
Okhihoma, there has been no se-
rious shedding ami the er.q
is
doing mi
K.iin i:
LN-whcr
d-'sirahle.
Iv.
Heeded old
dry warm
111
exas.
weatii'-r is
Child Drowned in a Tub.
Chei t.v vi!e Kagle.
The little lO'-moii'hs-old eliild
of Mr. Frank Leonhariit. of
North Hrook. was drowu-d hist
W' ek by falling into u tub of
water which was setting near
tlo-well. Its mother was iu Ihe
kitchen preparing dinner ami
thought the little one was with
its father who was working in ar
the house. 'When the child was
missed its father started toward
the creek near by while the moth
er went to the well to wash her
hands and found the child iu the
tub of water head downward al
ready strangled to death.
Death of Mr. James A. M.irsh.
Mr. J.i-i.es A. Marsh, one of tho
lst kiinwn citizens of the eoun'y,
died at l is home in M;.rsh iih;
towns!. -p. Sunday iinrniiig. lb:
had been lather f-elie for somo
lino- mid on Fiiday he was oper
ated on. Mr. Marsh was nearly
sevciity-t wo years old. his birth
day being next Thursday. Tie;
remains were buried Sunday , Key.
A. .1. Crane of Marshville, con
duct ing the service,
Mr. Marsh was a good farmer
and a Lading man of liisj
community aim county tor many
years. He was a confederate
soldier, and lias held many posi
tions of trust in the county. He
represented the county in tho
legislature in the eight ies.served
as county commisioiier and as a
member of the hoard of educa
tion. He was a man of decided
opinions on whatever subject ho
thought on. and was always out
spoken and open in his ideas. Ho
was a member of the Presbyter
ian church.
Mr. Marsli is survived by six
sous and four daughters. The
sons are Messrs Simeon Marsh of
Charlotte, S. S. Marsli of Texas,
J. C. Marsli of Marshvillc, Kras
t us, Festus an Heiison, the latter
tilhree of whom are yet at home.
The daughters are Mesdames
Heron, (jriffin, Marsh and Miss
Marsh.
Napoleon and Josephine.
Napoleon and .losephene will
he shown at The Dixie to-night.
Josophcno was the wife of the Km
peror's youth, wilh whom lie was
really in love. However, after
he reached the dizzy heights of
his greatness, what he consider-
cil a iicivskiiv, made mm divorce.
her and marry another. A great
interest attaches to the associa
tion of Napoleon and .losephi'lle
because of its tragic end. Any
thing connected with them is in
teresting. The pictiucK show n o!" laic arc
oi marked improvement in cnar
aeter, and many of the objections
that attach) d to them have heeu
lone away with. There is a na
tional board ot cens.iis that the
picture makers voluntarily sub
mit all tih ir pictures to and the
elieet ol this Work is being seen
in the gradual elimination of un
wholesome pict urcs.
Plugged Watermellons Contained
Pint Bottles.
Kli.ahoth City, Aug. 1' The
watermelon in these diggins is
quite popular enough already,
hul if the story thai is being
circulated regarding a new
scheme to ply tile hoo.e trailic
is true, there is no telling how
many of the luscious fruit will be
sold and what prices they will de
mand. It reached the ears of
one of the county law enforcers
this morning that at one of the
shops down town they were re
tailing watermelons, which had
been plugged, ami on
tin- inter-
lor of the once beaut ii'ul
a I i 11 1 bottle of whiskey
rested. It is also stated
various sizes of bottles arc
fruit.
cozily
that
to be
found upon the interior and the
prices on Ihe watermelons vary
not according to the sie of the
fruit, but the interior matter. It
is expected that the price of
w atcriiieloiis will now rapidly
rise iu price and that the demand
will be gr.-atcr than evi r for this
fruii.
Wanted The Cheapest.
A negro was before the 1,'ccoi--der
and the ease was postponed,
and th.- court said the negro's
reeonizall'-e would be i.ecepted
till the day of trial. After the
negro had held up his hand and
taken th' usual oath iisknowh-d-triug
himself indebted to the
Slate iu the sum of to be le
vied against his goods and chat
tels, and to be void on condition
that he made his appeareuee on
the day s.-t, he asked "What do
dat mean, boss?" When told
that it meant that lie would have
to pay !,-'." if he wnsnt on hand
on the day set, he asked another
poser; "I pays sk-J") if I dont
conic, then what do I have to
pay if I does come?" He evi
dently wanted to pursue the
cheapest course.
For nimmer dinrrhots in childwn !
. kit 1 liamlrlin' Colic, CJinlrn itid
I'larrhots I;vn,ce and c:or nil, and
-pw! ture i certain. For sate by all
Iraicii.