Iitcfdaowrilingtopostia regulatkmVat 1
thepomtSoutIipurt.N.C..aaawd-0cean
i
cLus f natter.'
- "
rmute montm.
iixosths .... ...... . ; .00 Cents.
D.NK YEAK... ;..... ...... 00
Sent by Mall. Payable in arivnnrv.
Give pnntittce adnsm In full, including
County and State.
lUtnlt by draft, postofflee order, or re
glsU-rcd letter, at our risk.
-
tSSTAd vertWng rates furoMuil n appli
cation 1
No communk-ation will be printed in the
Lk a DF.it without the name of tlie writer
being known to tlie eilitrs.
Obituary or death notices, of five lines.
subject to editorial revision, fwv. Inger
- not k-es. subj-t to approval, to be paid for
In ndvanre,
Tiik Ikairk cannot return rejecti-fl
nuiniUM-ripts, no matter what tlieir charac
ter may be. To this rule no exception will
lie made with regard to cither letters or In
closurcs. Xor will the edittr enter into
any correspondence respecting rejected
cotmnunicatloiis. All mutter not inserted
Is destroyed.
STEVENS & FABEELL
Editors ami Proprietors.
SOUTH POUT. IlrnnwirkCo..N.C.
Soutiipobt, N. ('., Aritu. .10, 1891..
j THE POOR MAN PAYS.
; If there is one thing more than
another which causes the small pro
perty owner to feel sore, it is the
amount which he jays in taxes on the
assessed valuation of his property, in
proportion to that paid by his richer
neighbor or by the large manufactu
rers and incorporate cotnianies of
his city or countv. The small property
owners of the country can be said to
lo the ones who pay the taxes, nor is
it necessary to particularize any sec
tion where this is especially the case,
for it can lie said to prevail throughout
tho United States. What is meant by
small projierty owners paying the taxes
is that in proportion to their holdings,
in reitl or personal propert', the poor
man pays taxes at a ratio of perhaps
four to one as compared to the rich
man, manufacturer and incorporated
. . '.!..
company.
Nor will an increased tax rate make
his situation anv 1 tetter, for he is now
paying taxes on his property at a rate Prtant J service can and should be
near its real value, while the taxes ofi furt"r recognized, and theroby digni
his more tortunattt neiirhlw will not fiw, "X l"e National Government.
be increased proportionately to make
tilings equal. This unfairness in the
amount of tax paid by the small and
largo property owner must continue to
exist until all property shall be assessed
at its real value, for it is hardly in the
nature of things to expect the great
owners of property to declare their
property nt a rate higher than the
averago is now.
Ilecause of the present existing state
in regard to taxes paid, its unfairness
for small owners,it does not argue for
the greater honesty of the poor man,
but the proportionate real valuation of
tho property is too irreat for the small
holder to overcome, and this propor
tion increases as the value of the hold
ings increases, to the disadvantage of
the small holder. '
A uniformity in the plan of assess
ment, by taxing property at iu real
market value, would remove Jhe dj
proportion now existing. The tax rate
now existing everywhere is undoubt
edly high enough to raise more than
W ... -----
i
enough money to carry on State affairs.
if a real value rate was assessed, in-j
stead of the present method of assess
ing property at one-third or one-half
its market value. In fact the tax rate
would be' lowered very soon for the
increased amount collected, by taxing
all at the real valuation; would amount
to more than that collected under the
li cavui. ureinuu. unuer a real tax and they promise to be, if not abso
valuation assessment all property own- j lutely bitter, at least a little puckering
ers would stand. .equal, each bearing! to tlie taste. In the course of the
his proportionate part oL the burden j next five weeks or less Mr. Foster must
ot maintaining the -affairs , of citv.
county, State and the National Govern-.
' ment. . , - , ;
Assess ptcperty at its real value and
K...t.m : aim . great owners of
tviwix l ....... If J . -
wiririW equaiuy wincu sfiouid be
due
1 1 TTrT .. r -r1"
cam a!to
. . IWn,f
and values will be found to be largely
pprnriaieu, rcsuiung in benefiU now
.mihUW-.
I PIIXITSTStALLJIISJrDGED. !aefinate"lVa with theavi,
While no more fault majr be found.fThe FiftyretCongresg, thooghit waal
L ... ... tr; ; i-2 :
pnoUge;Scrvi'co iion the Atlantic :
or Gulf oi Mexico, than with
1 other" classes of servicer iflarineor
inland, vet there ii a readiness at all
: - . ...
lti,nes to ve the bilot thtffullsliareofl
asters cm the coast "or rivers, "and j
this whether be may be directly or
indirectly involved. The sin of omis
siou is charged to his account as
cheerfully as any act of commission,
while services faithfully discharged
are taken as a matter of course. The
simule securing of his branch is not all I
. - . - 1
'there is in it, lor me constant improve-
nents bing made in nearly every river i
... , i
aud the changing of marks, new lights,
buoys, etc makes it necessary for the
pilots to keep posted, whether actively
j employed on the entire limit of his
i commission or not, as any hour or day
his services may -he required for duty.
Thou the duties of a pilot while they
may "hot la al ways dangerous, yet
there is a constant hazard attached to
the service which cannot be eliminated.
One misjudgement most invariably
passed upon pilots is coLsidenng them
as a class, lazy. This opinion is passed
usually by persons on land' who, en
gaged themselves in active business
affairs, meet tho pilots when off duty,
their time for rest, and judge from see
ing them not occupied that a pilot's
life must lie one of comparative case
and idleness. Hut take a trip on any
of tlie coast pilot boats, and let the
weather lie fine, even, and our land
friend can see enough to convince
himself, that the pilot service is one
requiring loth brain and muscle.
Another charge, frequently brought
against pilots, is not being on duty, or
negligent in their watch for vessels,
and this complaint is usually brought
up by vessel captains. The charge is
an easy one to make, and many plau
sible arguments will be given to sustain
the vessel captains position, especially
if tho captain of a vessel has & grudge
against the pilots of a port which he
wishes to pay off. Each year, the Lea
der is glad to note, this important
branch of the marine service is atv
quiring a greater itnMrtance and dig.
nity. The pilot of years ago, was
generally a hard worker, honest on
duty and conscientious, but a rough
fellow on laud. The pilot of to day,
with a iKJtter education, mingles with
society on land when off duty, and is
ttt """ pio"aoi icnow, iohows
.,.., : 1.1.. 11." n.
local and national affairs to a degree
which to the pilot of a number of years
ago was totally unknown. This im-
By employing coast pilots on all Men
of-War, when off our coast, or enter
ing any of the seaports wonld give an
importance to tlie pilots and provide
an additional safe-guard for these
vessels, tho necessity for which was
illustrated in the cases of the war
vessels, Galena and Nina going ashore
on the New England coast, when all
uncertainty as to their position would
have been cleared away if coast pilots
had been iu charge of the vessels.
The day has passed when the requi
sites of a pilot were considered to be a
:smeH f fisb and tar with a dash of
i8'1 water. The pilot of to-dav is
w m
willing to' rise or fall on his "merits,
asking only a fair hearing of his case
when complaints are brought against
him. And with a letter knowledge
of this important branch of the marine
service, a gradual improvement in the
tone and character of the men, better
education among those growing "upT
respect is taking the place of prejudice
in the mind of the landsmen for his
pilot brother and with this better
knowledge will come fairness and
justice towards the pilots, where mis
judgements have formerly prevailed.
THE PROSPECT IN TO E TREASURY.
The first' fruits of the economic
policy of the last Congress are now
about to lie served up at the Treasury,
make up his mind what lie will -do
with the 4 J per cent, bonds that fall
due on the 1st of September. There
ai-e in all about $60,000,000 of them.
j of which some $25,000,000 are held by
...
? the Treasury as security for the circu
noiesoi in national banks.
: rvenu quesuomt, all interesting and
j ,xne pretty urgent, will present them-
selves to the SecreUry of the Treasurv
There is aljsolntcly no provUion
of
nearly 'fifteen months, "paid WottbeSent of the Woroen't PreM Association'
slightest attention to this business,'
fthongh it-was perfectly sure to -com&Jbxbzrx Jrietchie
. , , - . . -J ..... . - ft . '.
up ana nie; jate sirincag wpusil3
conic up was perfectly"We4h kPowhavingbQittn the -island - ol Corfri A
That Congress ras busy about many i
things, botlmaJring - provisioirfor the
orderly and ! advantageous meeting of
Treasury obligations was not one of
them, ; -. j r .J. ;. r?:.v -The
most natural . way of dealing
with the question, and the one most
consistent with the policy of the Gov-
ernment In previous cases of like kind, 1
1.1 ? . . !
woum nave owu iw uuiress w ymxt
a law authorizing new bonds for which
1. lti: .1.... st. u..
the bonds falling due might be ex
changed at the option of their holders,
who would have the choice of taking
the new bonds or lading paid in cash.
There; is no reason to doubt that with
proper authority and discretion the
Secretary of the Treasury might have
refunded the 4 per cents at 2 per
cent, and possibly at 2 per cent, for a
sufficiently long liond. Hut while the
Fifty-first Congress was willing to go
into all sorts of legislation for the
benefit of sil ver speculators, or for that I
of pet manufacturing monopolies, it
had no time to spare for the considera
tion of a refunding bill. Left without
any legal authority or iniidance in the
c u . . r .n u ' 1.
luaiivj, mi . A' uawr iiiuat tail inm:iv uinju
. . . ... i
ms own resources witli sucti am lie can j
get from precedent. The most conspi
, ; .. . . !
cuouspreceueni is, )t course, tne action .
of Mr.YVindom when in Gen.Uarfield s -
Cabinet in "continuing" the 5 per cent,
bonds, then falling due, at -3 per cent.'
This was necessarily purely voluntary j
vii. 1.110 iai i a iiiG t uviitiiuiiuior iiv
-1 i ' , . --
though there was no specific authority
for the course of the Secretary, there
was no one in, the. then existing cir
cumstances to question its legality.
I he bondholders who accepted the
Secretary's offer could not do so, and
those who did not get. then monev in j
full, and there was an end of the
business. j
nut .Mr. V inuoni was in a position ! .
to make this proposition with entire j
equanimity, because he had plenty of
money on hand to pay the bondholders
who might elect to take it. Mr. Foster
is not so fortunate. With the opening
of the new fiscal year, July 1 tne new
and liberal appropriations of the last
session of the; Fifty.first Congress will
have to be met, and the condition of
the revejiues as compared with these
heavy expenditures is uncertain and ;
not likely to be favorable. The actual
available cash in the Treasury is re
duced to a point scarcely beyond the
safety line for ordinary expenditures,
so that Mr. Foster is said to be' trying
to devise some j form of bookkeeping
that will make it appear larger, and is
even contemplating counting the frac
tional currency as part oi the available
reserve. The situation is complicated
by the fact that so large a proportion
of the 4 per cents belongs to the
bunks and is held by the Treasury as
security for circulation. Since the
Government by law imposes its own
bonds as the particular and only form
of security that a bank is allowed to
give for circulation, it assumes a cer
tain, obligation., with reference to
changes in those bonds. It is not cer.
tainly required always to provide the
bonds, but when it has provided them:
and they fall due and the Government
is not prepared to pay them in full, as
at present it is hot prepared, it is, at
least, only fair that it should deal with
the bonds in such a . way as to inflict as
little loss as possible 011 the banks, and
also, to make as little disturbance as
possible in the supply of currency.
Mr. roster 1 would hardly, wish to
produce any avoidable' contraction of
the bank circulation. 1 1 remains to be
seen what, he. will or can ds. He is a
business man, and lie knows the risks
to which he is exposed. Whatever
method he may discover to deal with
the situation, he may well i wish that
the Fifty-first Congress had not been
quite so lavish. Even 5 per cent, of
the now famous billion of ' dollars
would be very 'handy."--N. Y. Times.
. . , ( PRESS COH9ENTH. s
The Homestead, published at Des
Moines, la), is a fanners journal, re
presenting the best thought and most
advanced agricultural methods of the
great 'Northwest. Coming from so
important a section; and advocaUng as
it does such interests,' the Leadek
welcomes it most heartily to its desk
in the great Southeast; V
The Wilmington JJauhgtr, appears
; this week as four pa-e, eight column
daily. It
daily. Iu new form is decidedly pre,
posessing and indicates the progressive
ideas and promises of its new manage.
j meut. j ; i
PEWNAL A III PERSONAL.
. e
f r VMiift Rlfnr? iErgtcr. Prcsi-
of the-Facinc coast, is a grananiece 01
Mrt -W-ft -M ft . T I
ana Jsnrpress nraoeui 01 ausuiu
palace that will contain 1 28 rooms, and
ill cost nearly $l,000f00.
.Sen! Pettigreir will drive a trained
moose against a trotting horse for $200
a side at t he State fair to be held at
Sioux Falls, S. D., next fall
Ex-Speaker Keifer, for 14 months'
! services as attorney and receiver of the
w.;t , w,v snMnrfiM.
r
O., returned a bill for $27,000.
De Lesscps is now 86 years old. At
80 he was a rugged, enthusiastic, and
vigorous octogenarian, but since the
collapse of his great Panama Canal
scheme he has aged and broken per
ceptibly. Henry C. Lewis, of Fitchburg, Mass.
is the proud possessor of a watch which
the Marquis de Lafayette 'gave to an
aide or orderly. Capt. Jonathan Moore,
during the Revolution, and which is
at least 115 years old.
WILHIXUTOX ADVERTISEMENTS.
GENTLEMEN
DESIRING TO LIGHTEN THEIR WIN-
, . . . . . .
ter Flannels are advised that we nave opened
our summer weight all-wool Hygienic Shirts
and lowers. VV eare also showing a
line of Ludcrwcar m real Balbnesan.
Thread, and Cot ton garments at prices to
suit. HJSUKIUK
LADIES'
Balbrigan, Ribbed and Cotton-knit- Vests,
from 10c. each up. HEDRICK.
HOSIERY.
Ladies' and Children's Hose in Fast Black
Ml,brin- X Ur JkT
GRENADINES
chiss "-tiods!
Plain and Striped. First
IIEDRICK. GENTSV SUITINGS.
A pretty lot of Spring Suitings and Pan
taloon Stuff, suitable for Men and Boys,
made to order at a saving of 25 per cent,
from ordinary prices.
HEDRICK.
SPIBITTINE BALSAM.
. Cures Rheumatism. Relieves Pain.
PERSIAN INHALENT.
For Consumption, Asthma, Catarrh, and
La Grippe.
PERSIAN OINTMENT
the greatest Skin Cure in the world. For
Saleby all Druggists.
Spirittinc Chemical Co.,
HANSEN & SMITH, Managers,
WILMINGTON, N, C.
ACKNOWLEDGED.
It is acknowledged by all who
virited that
TAYLOR'S BAZAAR
has the largest and most complete
and fashionable
MILLINERY HOUSE
in the State, and are furthermore
Leaders in -
LOW PRICES.
All those that have not been to this es
tablishment since it has been extended,
are cordially invited, so as to satisfy
themsel ves. - ; ,
. No one urged to buy.
Salesladies will politely wait on all
callers at
118 and 120 HABKET STBEBT,
WILMINGTON, N. C.
Orders by mail promptly' filled at
wholesale and retaiL
ELEGANT
GB0C1
KEE
QLASSWABE,
TiAT.TPS and
hotjse nrnmsHinQ goods.
Chamber, Dinner and Tea Sets
a Hpeelaltj.
S. A. SCI I LOSS & CO.
21 aud 23 Blarbet Street.
WILMIXttTOX, X. cl
VISIT
J. NAUJIBURG
-FOR-
SO
MEN'S FURNISHINGS.
HATS
ALL
3 AUD STYLES.
113 Princess Street,
S. H.FISHBLATE
The King Clothier,
wnuraoTOH, H. 0.
Has a large line of
SPRING SUITS
roR
Men,
Youths, t
Boys and
Children.
Agent for the celebrated
DUNLAP HAT.
Gents Furnishings in large variety
and supply.
Satisfaction guaranteed on all pur
chases or money refunded.
ALDERM AN &
; PLANNER,
Importers and Wholesale
DEALERS IN
HARDWARE, STOVES
TINWARE, Etc.
Ho. 114 ITorth Front Street,
WILMINGTON, N. C.
IF YOU WISH
TO PURCHASE A
PIANO
0B AN
ORGAN.
WriUtocrciUtttJieliaiable
MUSIC HOUSE
07
E. VAN LAER,
Ho. 402 and 404 ff. Fourth Street
(corner of Walnut street )
' f-- ;:.'- .-; t '
Where you wfll find the largest
afcfc. W
1 j 13 ys
assortaent of instranenta in thejutcnUon.
State. We gnaranted
LOWEST PRICES
and the
BEST GOODS.
: . E. VAN LaER.
Xo. 402 and 401 North Fourth Street
IKhUhLL MEARES,
ATTORNEY AT LAW.
-Oflco, 17 Princcci Sfrect
lVILSilNGTOK. K. C.
Prtlc in all State and Plerl Court.
fl TU R T
TO!
I-Aiav The Only Stricl j BeUil
Dealer In Kne
BOOTS, SHOES
ANI&LlMllS-
I seU no shoddy goods, but sell u
nne ail lesmertaoca u are manufic
tured in the" United BUcf .
L L GREENEWALD
118 narket Stmt TTIlnlcsUa, N.c.
HEINSBERGER
TIICUVK . ;
BOOKSELLER
AND
STATIONER.
Fancy Gcn, Pre
onto, Oil Paintinjjo, Steel
Enjpivin Chrezncs.
Pianos, Organs, Guitars,
Violins, Bniss Instru
ments Etc;, Etc.
WILMINGTON. N.C,
A Handsome Line of
MATTING
Just Receired, Selling at4 Low Fncei.
A FEW PATTEBHS OF
CARPETS LEFT,
which we are selling out Cheap.
mLIAlIS 6 EOBHISOH,
Next to The Ort on.
WILIIINGTON I
MARBLE YARD,1 f
P
JOHN MAUNDK1W .
Proprietor.
AV1LM1NG1X)N, X. C.
North Front Street,
R
-:o:-
M ON I'HKNT 8 AND (iHATK
Stokcs Mack to Ordkb.
THEORTON
WILIIIHGTOH, H. 0.
The Favorite Hotel for all Northern
Travel. '
QUIET,
ELEGANT,
HOMELIKE
" THE OltTON "
Oaten to the highest class ol
patronage Trith Cuisine and Service
eqnal to any in the South.
Careful attention paid to Business
Hen and Tourists- -Uates:
$2 per day and upward.
JT. E. MONTAGUE, Manncr.
V-,JIEnitY,SIIITH,
Carpenter and Builder.
lleffldeoce. 310 K. Ninth Street.
Your patronage i re?pectfnllj soliciteJ
XOrdersleft at the itoreof
kins & Mitchell will receive prornp
p
L 1 -
.cu. .
T. V. WOOD,
123 PrfnCeSS St. WflmingtOD, H.0-
?
1 lOllilviri
nHiiuir
18
r7