Newspapers / The Morning Post (Raleigh, … / Dec. 8, 1897, edition 1 / Page 1
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Vol. 1. CRETflRY GIIGE'S REPORT lrommcndatlons and Re port Secretary Gage. pETI WE WENT OF GREENBACK i. Proposition to Allow National Banks to issue Notes Equal is Cent of meir Insurance or Safety Fund And Others. !,vi.i)'ti Thc MorniiiK Post. U v- UlMiToN. 1CC. l.-iu."": ' il reports to Congress by .... 1 1 ! mini thc close of the iri'iicci'ssom miii i! war they have called attention with unfailing regularity to the nicnacc to !!, public credit 'occasioned by the con- 1 him ,.,1 use of the larce volume 01 ue- maud liabilities,. i. pn-sentcd by the rpil tender notes, ;md have constantly appealed for s.i. h legislative action as would remote life dangers pointed out. Althoii-ii thee warnings and appeals i,ae not yet met with the responsive ..,, ,i,Mt t'h.-ir serious nature justifies, j. r(,t now the part of wisdom to ig ,,,, u,, ,,, In fact, as time has gone ..n til Hh reasons upon which these a. i n ii i n and appeals were based,, have ,,,.ive. .-additional force. The tenor iiHius depreciation in the commercial ' , ,uw of silver as compared with gold has -really inereaseil the financial respon- Viliilities f the gin eminent in its.de inand liabilities', and all the logical eon -setpienees of the fact slrould be boldly faeed. " I'nder the act of 187H, requiring the4 purehase and coinage of silver, supple mented and enlarged by the so-caljed Sliernian act of 1H1K), there were out l audi ng June HO, 18!l7, the sum of . i .:'.:tT,.70 in silver dollars or certifi Mitis representing them. Under the li t of IM'.mi, there were also outstanding l ! I l.siiT.'-iNO in treasury notes clothed w the (iiallty of legal tender. . Liilieaet of Nov. 1, 1803, repealing 'I., purchasing clause of the act of 18iM), ii wa ileelaretl to be the policy of the I niteil Stales to secure by safeguards of le-i-lat ton "the parity in value of the I wo metals (-old and silver) and the equal power sof every dollar at. all times in Hie markets and in the payment of Jehts." 'onformalile, to the spirit of this de i l uatioji, the Treasury Department in' nil its opinions has treated gold and sil ver coins, and the paper representatives of citch, as of equal dignity and value. In i he collection of its revenues, wheth er in the form of excise taxes or of cus toms dues, it has made discrimination a-Minst neither, while, upon the,a$he; hand, it has held itself ready to pajf tin public creditor whichever of the two Ik in iglit choose to receive as the iiinm desirable to him. Even further j than this it. has declared itself ready, win never necessary, to the maintenance of ili N parity, to exchange on even terms, at the pleasure of the holder, either form f 1 1,, metallic money for the other. These praitiial operations and declarations were necessary, and they have operated t keep iii concurrent circulation on ti this of equality thetwo kinds of metallic iiioinv, notwithstanding the varying an 1 never ceasing disparity between the natural or .commercial value of the one :i-coinpaicd with the other. Neverthe y it must he recognized that this ufi dertakim; involves a large financial re soiiMlility. und requires proper and adequate legislative provisions for its continued execution. , Tin responsibility of the Government in Uii- respect means that in addition to its liability for redemption in gold od demand of $:t lii.ooo.OOO of legal tender notes, it must also hold itself in readi- III ss nun , to redeem in like manner $114,000, d the Treasury notes of 18flfl and tn maintain through its Treasury the tree iuien haitgcubility with gold, any l'"t or all f $470,000,000 in Mlvcr now current With our people. The i-L'ie-nte ,f th,.st. liabilities amount to !'.;o.iiii.(mio. h is not intended to con m tin-idea thtit the government will ev er t line i ailed upon to pay at any one or over any one period of time, in wevcr protracted, the total of liability t I, n- uown. It is, however, indiispefi th.it die Treasurv iv i-ndnwml with s'l, l"'erand Resources ample to meet all ,1:i"":"t who may c6me, ami with htf snili, lent to give fuu assurance5 id all li"do,iot come-, that its ability for v,"!tinuaiiee is unimpaired. The state ""m that the traditional $100,000,000 of "ld reserve is insufficient for these put """,s "J not be sunoorted bv irfrti- luent imul. 11 Is manifest Tim u'niiiUtl a vwgitlvu Uaev of that amount liaa H mnrp -one oecasion brought fear tihd de- ' ''- 'lo lit to :iil interests industrial, ' '' i.U ami .,l .. ! financial.'' The tosses " ' 1 O IV II... MM. I T. throu ! ilrii ii r uu-se j derangements having " - m in tne state of public Treas 1 mimed, altuoueh it is in.t ''Vol' ni-the limit of reasonable erti- Hl.it, t Act- that the total b! such losses 'lS the tot il .if .i j ii.i.v lies of tl,.. ucmuuu iiauiii- 1 reasury, as above set forth ed in answer in ti.ni. k : .i " it be r. ..... , - - " uiidi; VUUHU' f " "Kit tiu. state of the treasury is tlo -wsiactorv now, that gold is freelv tow axd the Treasury and :!id not '"'.v from it, and that there is W i ' "' '.'"ufldence ttvour present , 'on.uiion, the answef must It nij '' :ls a Perfectly; correct one, t'nth urged with Probable ill ,. ',U Uu!Se favoale conditions 'ith " fr Hn indfinite Pod. iMiliii" 1U revenue sufficient for expenditures ui ,. ... ' nu s season Nation accumuting, with trade "J" llon,,..l ' 'in.r . , Wl" ample crops irP .. .. ir rewards to aericvil mi no waror well-defined rumom H-n,c T 1,liKbl 8 on witl growing tUB.i-. s'l-ity. Unfortunate! the mi.ince of the8e good 'conditions LAST EDITION, indtctry, sensitive to all unfavorable events, and watchful with anxiety against dangers, as yet unseen, need for their full recovery from past reverses and depression a renewed confidence that the government's finances are to be firmly placed on stronger and more en during foundations than now exist. As long as the government shall oper ate to any important extent in. supply ing the currency of the' country by the direct issues of its notes and by main taining, through its guarantees of parity, so large a volume of silver money, so long will all our trade and industries remain in a state of depend ency upon the financial wisdom, fore sight ancl courage of Congress. This forced dependency on the one part be gets corresponding responsibility on the other. Considered from the standpoint of national defense the argument is re inforced. We appropriate millions to create a navy, which, through the genius of invention, may speedily become obso lete and worthless. We appropriate other millions to provide coast defenses against attacks, which may never be made. Such action, timely and wise as it may be, is inconsistent with a treasury condition so extended in a time of peace as to bring panic and alarm to our own people before the first sound of the en emy's guns. In modern days a well sup plied war chest with an impregnable credit is.as4mportant as are war ships, shore batteries or regiments of men. The advantages of a strong position in-the National Treasury, with its ac companying benefits to all commercial interests and great reinforcement of the public credit can, I believe, be secured without any unsettling legislation, -in a manner easy to be apprehended by all, and with small cost to the people, - The recommendations I make must be construed not as being in themselves final measures, but rather as tentative steps in a direction, which, consistently pursued, will lead to ' conditions ulti mately desirable. In order to obviate ," to as great an extent as possible the defects and make the act more harmoni ous with proper business conditions. 1 recommend that it be enacted in the first place. - , " 1st. Permit national batiks vto-be or ganized with a minimum capital of $ 23, 000 in any place having a population of 2,000 inhabitants. 2d. Reduce the rate of taxation on circulating notes secured by deposit of bonds to one-half of one per cent, per annum. 3d. Permit banks now organized, or J hereafter to be organized, to issue circu lating notes to the par value of the re funding bonds hereinbefore suggested, when deposited by them with the Treas urer of the United States; and, further, allow such banks as shall avail them selves of the ojjpoiunitjTVx deposits , as security with the Treasurer of the Uni ted States, greenbacks, treasury notes or silver cirtificates to a total amount of $200,000,000, against which there shall at once be issued to them by the Comptroller of the Cur rency national bank notes to an equal amount, it being further provided that from time to time, at his cotfveniece, the Secretary of the Treasury shall substi tute for the greenbacks all treasury notes and silver certificates so deposited to secure circulation, bonds of the samel40 class and character as the refunding bonds first named to the amount of $200,000,000, such bonds to be chargeable to said banks, and by them accounted for at such price (not less than par) as the market quotations may indicate to be their fair market value. During the period intervening between the de de posit of graenbacks, treasury notes and silver certificates and the substitu tion of the bonds by the Sec retary of the Treasury the circulating notes specifically issued therefor shall be exempt from taxation. Upon such substitution of bonds the fund released thereby shall at once be transferred by the Secretary of the Treasury to the Is sue and Redemption Division. 4th. After said banks have deposited such bonds, greenbacks, Treasury notes, or silver certificates to the amount of 50 per cent, of their capital they shall be permitted to issue bank notes in addi tion to the 50 per "cent, thus provided, to the extent of 25 per cent, of such de posit, which said 25 per cent, may be un secured by any direct pledge of security, but issued against the assets, of the bank. 5th. Extend the guaranty of payment by the government to all circulating otes -Jpr the bank whether issued against deposited security or against as sets. 6th. To secure the government against loss, if any attaching to its guaranty a tax of two per cent, per annum on in secure circulation shall be levied to cre ate a safety fund, which fund s shall be Invested by the Secretary of the Treas urer and the Comptroller of the cur rency in government bonds? In . addi tion to such funds the government shall be further urotected by having a first lien upon all assets in case of failure of the issuing bank. 7th. All notes shall be redeemed in the city of New York at the Sub-Treas ury, and at such other Sub-Treasuries as may be designated by the Comptroller of the Currency with the approval of the Secretary of the Treasury. Thc control of such redemption shall be under the direction of the Comptroller of the cur tency and made from a redemption fund of 10 percent., to be provided and main tained by the banks. 8th. Restrict the "issue of National Bank notes to the denomination of $10 and upward. An examination of the plan herein proposed will show that the amend ments suggested are not of a distinctly radical character. Recommendations. The Secretary then makes the follow ing and other recommendations; First. I recommend that proper legis lation he enacted which, will establish, separate and apart from th ordinary operation of the treaanryy m they relate 4:00 A. M. f . .1 . . i v icfciiura duu cxpenuunreg, a ueparx ment to be designated and known as the Issue and Redemption Division. To this division the sum of $125,000,000 in gold shall be set over from the general fund in the treasury, to be used only for redemption purposes, and all the silver dollars not used for the redemption or silver certificates, and all the silver bul lion and dollars coined therefrom, bought under the act of 1890, should be passed to the same account. Fur ther, that the sum of $200,000, 000 in the legal tender notes of the United States, known as . green backs, be collected as hereinafter de scribed and deposited in said issue and redemption division, to be disbursed therefrom only upon the receipt in ex change therefor of an equivalent amount of goldx:ein; such gold, when so secured, to be held in said division as part of the general redemption fund. Second. I recommend that provision be made for the issue of refunding loan bonds, payable after ten years, at the pleasure of the Government, such bonds to bear interest at the rate of 2 J per cent, per annum, payable, principal and inter est, in gold coin; and that the Secretary of the Treasury be authorized to issue such bonds and receive in payment therefor, with an equitable allowance for the difference in interest, any part or" all of the outstanding loans of the United States which mature by their terms of payment in the years 1904, 1907, an d 1925. ' - It will at one appear to many that the proposal herein made to place in condi tional retirement the sum of $200,000,000 in our legal tender (greenbacks) issues, is a discrimination against a form of paper money, which, under, the influence of a wrorthy sentiment, has become to them a symbol of the unity and power of the Nation's life. A little reflection, however, will lead to a conclusion quite to the contrary of such an inference. Uearing in mind the fundamental truth upon which this argument rests, name ly, the necessity for a reduction in the volume of demand liabilities, now con stituting a menace to the public treas ury, it is, economically speaking, a mat ter of indifference whether this reduc tion be made in the volume of silver, silver ccrtificates treasury notes, green backs, or in some agreed upon propor tions of each; but the historical fact is that it has been through the greenback, the only unalloyed-credit note of the government, that the "endless chain" has, been. worked. Once disbursed, these notes find thtir way, by a purely natural process, to the banking centers, where in case of au outward movement of gold, or because of any internal movement of dis trut,they have been made a readytagency to deplete the gold reserve in the public Treasury. The priosition" -To retire a large portion of these notesinto an issued and redemption division, tWere to be held until the public is willing to offer for them in fair"'- exchange an equal sum in gold, is a proposition to digniry them with the honor of actual gold equiva lency when they are passed out, as they have hitherto been honored with actual gold equivalency when pushed in upon the Treasury for redemption. The prop osition is, therefore, quite different from a proposition the retire and destroy them. On the other hand, the proposal thus presere and honor them will ex cite objections from another class, who w ill allege that the notes now in ques tion should be retired and utterly de stroyed. They will aver that so large a sum, no matter how held, will prove an irresistible temptation to which Con gress will yield, when in some exigency extraordinary and pressing needs for public expenditure shall rest upon the Treasury, and that the restrictions now proposed, if adopted, will theji be disre garded. In considering this objection, it. must De rememuereu mat it it were granted full force and yielded to as a de terminative objection, there is nothing whatever to prevent the law-making power from " issuing at any time and in any amount the legal tender notes of the United States to circulates as 'mone)'. Such is the final opinion of the Supreme Court, from which there is no appeal. Neither must it be forgotten by such.ob- jectors that use and custom gradually acquire a restrictive power but little less binding - than statutory enactment or constitutional prohibition. The so called Treasury reserve of $100,000,000 of gold has no warrant in specific legislation although its propriety has been indi rectly recognized by Congress, and yet there is a supreme confidence that no impairment in that provision will ever be authorized or sanctioned by Congres sional action. The only real difference, then, between holding these Govern ment notes in a separate department and their destruction is a difference which could at any time be covered by legisla tive action. The important nature of the subject under discussion tempts to a fuller treat ment. I must, however, be content with referring once more to that feature of this series of recommendations which touches the question of note issues by national banks. I am moved to press the recommendation as submitted, in view of the following considerations: Paper money is the product' of an in dustrial; commercfal and financial evolu tion. Its economizing effect in the use of metallic money precludes the idea of its abandonment until society shall re lapse into anarchy. Credit is the base upon which it rests. Paper money is the evidence that "a thing of value has passed into the possession of the issuer, and that the holder of that paper is willing to await payment. When payment is made the evidence of the transaction should be withdrawn, to appear again only when a. similar trans action occurs.- The bank is an agency, the result also of a pure evolutionary movement, whose function it is to issue its various forms of credit . instruments, of which paper money is one, against the pledge and : promise to it of the less publicly known members of the industrial : community. It thus beconan.tateriawdiary in niuch the larger part of all trade and ldotry. RALEIGH, N. C, WEDNESDAY, DECEMBER 8, ,1897. Whatever operates to render the bank a safe, efficient and available agency so the people, operates to the general pros perity. The requirement that the bank s invest its capital in public securities a precedent to the issue of its credit struments paper money is a requif ment which operates by so much to re duce its efficiency to commerce and In dustry. It cannot use its capital in twio directions at the same time. Onlya necessity to control the banks' capital for the public use or an indispensable need for security in such a form to .the note holder ean justify this requirement. The exegencies of the government finances in 1863 induced Congress to re quire from all note-issuing banks a pre liminary investment of their capital tji the government's bonds. The many dis astrous losses incurred by the people from the note. issues of irresponsible banks previously authorized to do busi ness by ill-considered provisions of many separate States, seemed to justify the National Government in requiring front banks of issue a pledge of the bonds ini trust for the security of their not! holders. Without further extension of the his torical statement, it is recognizable thai the exigencies of the government do no now require the absorption of banking capital in aid of its own finances. 14 fact, with Treasury conditions once normally established as to revenue antl expenditure, the funded debt will, withhe. a few years, be entirely .liquidated. The importance of banking in its relar tion to industry and commerce de mands for it, in view of the considerations thus enumerated, careful and timely attention. The question is complicated by the fact that for a whole generation om? people have been schooled in a system of bank note issues secured by pledges in the hands of a public trustee. It is not good system, but it ought not to be 3rielded until, in some other form, adequate quantities for the solvency o bank note issues are provided. The problem is a two-fold one; How: to withdraw the specific form of secur-, ity now provided, since it will ultimately, disappear, and how to provide a substi tution which will be recognized by the people as adequate security, and which will at the - same time allow to banks within well-guarded limits the most use-, ful freedom in their note issues. The problem is too large, its results too far-J reaching, to be solved off-hand or by- expert dictum. Its solution must be gradually reached by the path of safe; experiment. To allow national banks, to issue circulating notes equal to 25 percent, of their capital upon a payinent- of 2 per cent, per annum as an insur ance or safety fund unon amounts so i issued, is, as shown by the demonstra-J tion draw n from the Comptroller's of4 nee; a propxramon wen wrturn Tne mnus of safety. Nevertheless, whatever risk there is should be assumed by the gov ernment, obnoxious as it may be to the general principles of governmental action. It is by such action that the situation as it exists had been evolved. Upon the government, therefore, rests the duty of seeing it properly solved. Some years of experience along the line suggested will prove what is an adequate provisional tax for the secur itof note holders, and will allow such amendments at time will justify, involv ing as one of the features, a complete withdrawal of the government's guar anty from bank note issues. L. J. Gagk, Secretary. To the Speaker of the House of Rep resentatives. Destitution Among Gold Hunters. By Telegraph to The Morning Post. Montreal, Dec 7. Harry Wilson, mining engineer, who left here Aug. 7th with a party of ninefoT Klondike, has returned for supplies He left other members in winter quarters in the woods three miles from Lake Bennett. Wilson says that under the snow along the route between Dyea and Lake Bennett lie the bodies of at' least 3,000 horses, repre senting nearly $300,000. About ' $6,000 persons, equipped at the rate of $1,500 per man, which would give a total of $9000,000, are represented in parties using the White Pass trail. There are about TOO persons, all in comfortable circumstances, camped along White Pass trail between Skagaway and Lake Bennett. There is no destitution among the par ties camped this side of Yukon.. Beyond and approaching Dawson City it is hard to say how those in winter quarters are faring. Between Lake Bennett and Skagaway 150 log cabins have been erected. The inmates are looking for ward to an early start in the spring. Commissioner Kerchmer of the North west mounted police, whom Wilson met on his way to Montreal, informed him will start from. Edmonton this week with two parties of mounted police to succor parties. Marvelous Gold Find- r By Telegraph to The Morning Post. Sax Francisco, Cal., Dec. 7. News of a marvelous strike, that in richness it is said exceeds the Klondike, has been brought from Alaska by K. A, Smith, an old miner. Smith says Dawson City was in a whirl of excitement on November 1, when the first reportwas brought in of the big strikes on Dog Creek, fifty miles from Dawson City. The first claim was loqated by- Chubby Peterson, of Peoria, Ills. He struck bed-rock at seven feet. His first clean-up showed nearly $8,000. Other claims were immediately located. When Smith left there were five panning out $1,200 daily. A stampede resulted. Hundreds of claims were located.; Men who have been nearly famished from the want of food summoned up and re newed strength to reach Dog Creefc. A Western Lynching Affair. , . By Telegraph to The Morning Post. it - Carson, Nev., Dec. :7. Adam - Uber, who last week killed Hans Anderson, at Gardnerville, was brought to Genaa yes terday by 25 armed men - After midnight and hanged Tbe bodf w" riddled mUh bullets. ""-vc'v; irvt-;- TIMELY NEWS NOTES. From Warrentoft and Vlclnlty-A Flret Class Teacher Secured. Etc. Special Cor. of The Morning Post Warrfnton, N. C, Dec. 7. The War ren County Board of Commissioners were in session yesterday. After- the general routine business the election of a chairman was gone into. On the first ballot Mr. M. J. Hawkins was elected. The Board stands politically: Two Democrats, two Populists and one Re publican (colored.) Mr. Hawkins makes one of the best County Commissioners the county has ever had. Cards are announcing the marriage of Mr. Wiley G. Coleman, Jr., and Miss Lncie Fleming, two popular young peo pie of our county, on December 14th. Rev. T. J. Taylor will attend the Bap tist State Convention in Oxford this week. Our people are much elated over the school question just how. Prof. John Graham, of Ridgeway, who was burned out some time ago, has decided to move his school to Warrenton and will unite wUh Prof. R. Harry Watkins, of the academy. Money has been raised and the building will be put in thprough re pair, and our people may expect the best school we have had for years, com mencing the 1st of January. Professors Graham and Watkins are both excellent teachers. IN HONOR OF GENERAL GLIN6MAN BURGWYN . AND OTHBRS SPEAK WORDS OF -PRAISE. la Honor of His Memory Over 2.000 Per ens Participated In the Event Cllno mu Had a Brave and Unconquer able Spirit to the End. Special Despatch to The-Morning Post. Ashbville, N. C, Dec. 7. There were 2,000 persons present at services in honor, of Clingman here today. The weather was beautiful. The procession which escorted the body to the cemetery, after the speeches on the public square, consisted of police, Mayor, Aldermen, Brigadier General James M. Roy and staff, Governor's representatives and staff, fire companies, batallion State Guard, Veterans and Sons of Veterans! Addresses were made by Col. A. L. Davidson, Bishop Dudley, of Kentucky, Col. V. S. Lusk, W. H. Burgywn. Pray ers were offered by Dr. J. S. Flint and Dr. C. W. Byrd. There was a cannon salute of three rounds by the Bingham Cadets as the line arrived at the ceme- teT Songs were rendered at the grave, -"Jesus, Lover of My Soul," and "Rock 01 A? ,nf ?moHS atWM- tTh.iwrtales'kc&. wereonducted,ly I Re., McNeely Dubose. The military batalion fired a salute after the burial. Burgwyn's was the chief address at the public square. He gave a glowing ac count of the war career of Gen. Cling man. Lusk paid tribute to him as an orator and statesman. Dudley paid a beautifully impromptu tribute to a brave brother Confederate. Col. Davidson was cheered by all old comrades. Col. Burgwyn, in his speech, related an incident to 6how the general's in domitable spirit was unconqured to the end. Near the close of the war, when all hope had left the people, Gen. Joseph E. Johnston collected his army at Smith- field. Gen. Clingman visited him and ad dressed him in these words: "Much has been said of men 'dying in the last ditch.' You have left here 1,400 men, brave as the sun ever shone upon. Let us take our stand, and let us show to the world how far we can surpass ther mopylae of the Greeks!" After a moment, Johnson replied: "Gen. Clingman, if they all were like you, I would do it, but there are many young men here who have a future, and I ought not to sacrifice their lives." Dudley in his impromptu words said he "had stood up in London and told the English people they were mistaken in thinking there was a gulf between the people of the South and North. I told them the men who followed Lee, -Jackson,' and Clingman would defend the stars and stripes as quickly as they would the men who followed great men on the other 6ide." "What is the reason for this?" he continued. Why,, men of the New South are sons of men of the Old South. We are here to do honor to our dead, and the brave men who fought against him are just as ready to do him honor, "I'm not afraid that any of the men who marched behind Grant or Sheriden will criticise us in honoring our gallant Confederate dead." ( Looking Out For No. I. By Telegraph to The Morning Post. Richmond. Va., Dec. 7. The Cham ber of Commerce tonight decided to establish a Bureau of Industrial Devel. opment and raise $5,000 annually for the salary of manager, to be chosen later. The duties of the mrnager will be chiefly to induce outside capital to establish manutacturlng enterprises here. : Disputes Among Turfmen. By Telegraph to The Morning Post. ' New York. Dec. 7. The Board of Review of the National Trotting Asso ciation at its annual session today, lis tened to disputes among turfmen grow ing out of the season just ended. Maj. Johnston, of Kentucky, presided. Testi mony as to alleged personating, aliases last August, was taken, but no decision was made. Georgians Governor Vetoes Foot Ball Bill By Telegraph to The Morning Post. Atlasta, Ga., Dec, 7. Gov. Atkinson today vetoed the anti-foot ball bill, say ing "it is a species of legislation which seeks to usurp the responsibility of the faculty and the parents, and to take charge of the young men in their sports; that it is fundamentally -wrong gov ernmental - MteraaluM of the most Vietoas type." I GREENSBORO f 1DEREK Has Been Sentenced to be Hanged December 23d. INTERVIEW WITH PRISONER. He Waa More Nervous Yesterday When SeateacedThaa He Waa When He De rlantty Shouted Hie Guilt When Taken to Jall-The Pest'a Correa pondent Thinks the Prisoner's Mlad Must he Affected. Special Despatch to The Morning Post. Greensboro, N. C, Dec. 7. The wife murderer, Robert Ryan, who killed his wife Saturday night (as as wired The Post at the time) was sentenced at 2:45 p. m. today to be hung Thursday, De cember 23. Judge Adams, who presided, was visibly affected, and the prisoner was quite nervous. A representative of The Post this evening had an interview with Rob ert Ryan, the self-accused and condemned murderer of his own wife, who had been the mainstay of a family of seven children, while t husband and father spent his tinjeelse where at gambling and eluding officers ; of the law, several warrants or indict ments standing against him in the Guil-1 ford Superior Court. The action of RoberWRyan in pleading guilty to the charge of murder in the i first degree has been the talk of the town since yesterday at noon. " His ac tion has resulted in a division of public opinion. There are a large number of thought ful people who bold that Ryan's actions, both before and on the trial, show that he is mentally unbalanced. Others think that he is shrewdly playing a part. Early this morning he sent for The Post's representative. When the re porter reached the jail he found Ryan just getting up. .'''" "Good morning, Ryan; how do you feel?" remarked the reporter. ;-4 I feel better," he replied. "The nearer the time comes for me to leave this world the better I am pleased." , Ryan, who has shown marvelous cool ness and nerve since the commission of the crime, was evidently laboring under suppressed feeling of some kind whether of fear or remorse it was impossible to tell. His voice was un steady; he kept his eyes fixed on the floor of his cell, and shifted his feet nervously during the interview. Though he had sent for the reporter, he was evidently undecided as tq what he should say. Have vou anrtuin you wish toay2"l he wai asked." . " - "Nothing I have to say would be be lieved, so it is no use for me to say any thing. I want to leave as quiekly as possible and get with her, 'Vindicating his murdered wife. Do you mean to say that you are anxious to be hanged?" I want to leave somehow, I don't care how. I tried to 'go with her at the time, but the pistol would not fire. I took the cartridges out and threw them down and went to the store to get more when they arrested me." "Did you not try to take laudanum when you were arrested?" Yes, 1 denied it at the time, but there is no use for me to lie now." "Why did you refuse counsel yester day?" Because if I could have taken coun sel and come clear I would not have done so. The more quickly I am exe cuted the better I will be pleased." Do you care what people think of you when you are gone?" "No, not for myself; but I do for my children. No man ever loved his wife and children more than I did." "Why did you kill your wife, then?" "Because my life was ruined." "Did you not commit the deed iu a fit of jealousy?" "No, I was not jealous." Some of the leading members of the bar here doubt whether Ryan could have been convicted if he had stood a trial. They question his sanity very seriously. New General Scheme of Coast Line Sig naling. By Telegraph to The Morning Post. Washington, Dec. 7. The Navy De partment has abandoned its plan of utilizing life-saving stations in the new Coast Line signal system about to be established, and have adopted a new system. Various first-class lighthouses along the Atlantic Seaboard will be re quired to manage semaphores and other signal appliances, to be installed under the Navy Department, and to transmit and receive messages between the fleets and the Navy Department. The department is now proceeding to install necessary appliances. .New telephone and telegraph lines are to be constructed from the lighthouses to the nearest direct system of lines, and where tele phones of life-saving stations can be used the navy will ask the Treasury De partment for permission to send mes sages over the wires. The whole sea board will be included in the general scheme of coast line signalling, operated iointlv bv the Naval Militia and the lighthouse service. China Willing to Pay a Million Taels. By Cable to The Morning Post. London, Dec. 7. A dispatch from Shanghai says that China is willing to pay 1,000,000 taels indemnity to Ger many in satisfaction of all Claims, in eluding the cost of the occupation of Kiao Chou Bay, which she will tempo rarily cede for the use of the German navy. She is also willing to grant con cessions for railways and mines in Shan tung, degrade the Governor and execute the murderers of the German mission afies. Another despatch represents that China Will never consent to Germany retaining posseesWn ef tae aeid terri DEATH OF MRS. VV. B. HICRS. A Lovely Christian Woman Sud denly Called to Her Reward. The entire community was deeply shocked and pained yesterday morning to hear of the unexpected death of Mrs. W. B. Hicks at the home of her father-in-law, Col. W. J. Hicks, on West Eden ton street. Until late Monday night her condition was not considered critical, even by the members of the family; yet Tuesday morning, at 7 o'clock, the spirit of this lovely woman went to join the dear ones who had gone beforo. Mrs. Hicks came from her home near Aberdeen last week to visit her hus band's parents and attend the sessions of the Methodist Conference. She ap peared to be in perfect health and never did 6he , look more beautiful. She was present at nearly all the meetings and derived much enjoyment from the ses sions. Last Saturday she was unwell, bnt this did not deter her from attend ing services Sunday. Even Monday her condition was not considered inthe least serious. Monday Col. Uick had an important businessetfgagenient to fill, but he told herhat he did not want to leave the cjtywhilo she was ill, but, with hernsnal thoughtful consideration for others, Mrs. Hicks insisted thut h ould not neglect his business on her account. Col. Hicks yielded, and went. Yesterday morning he was summoned by a telegram announcing her death. He returned from Durham, arriving at noon. There was not an intimation that Mrs. Hicks was seriously ill until Monday night, but as soon as this was known a message was sent to Mr; Wil liam Hicks, her husband, and he came immediately on an engine, arriving at 2 o'clock Tuesday morning. Medical at tention proved ineffective, and at 7 o'clock she passed away. ,Mrs. William Hicks, before her mar riage, was Miss Josephine Page, daugh ter of the late James Page and a niece of Mr. A. F. Page. She has numerous relations in Raleigh. Her brother, Mr. Charles Page, came early yesterday morning. About lour years ago Mr. and Mrs. W. B. Hicks were married, and they have one little son. Mr. Hicks formerly lived in Raleigh, but he is now engaged in the lumber business. His family spent much of their time at Aber deen, bnt his home was at Burt, in Moore county. Mrs. Hicks was considered one of the most attractive and beautiful women in the State. Upon her lovely face there shone a beauty and sweetness which only a Christ-like life can bestow. She was educated at the Greensboro Female College," and was the recipient of the love and admiration of every one 01 ner schoolmates ana , an hpsc who have enjoyed her friend ihip in after life. She was an entrmsiastic worker jin the-. Methodist J Church and was . never;.! ifapiHeruiajat when on some mission of mer.eywr ent 3 s i . : 1. .. w , J suffering and ameliorating the pain !o.f the wounded. Faithful and kind, with a heart full of love, every act of her life had been, as it were, a preparation for death, and when the angel came her spirit was found ready to go to her Mas ter and enjoy the victory of eternal hap piness which she had won. ., For her grief-stricken husband, and q motherless son the entire community pours fortli the deepest sympathy. The funeral will be held in the l!iden: ton Street Methodist Church Unl&y at 12:30 o'clock. . ; . . ' GERMAN DEMANDS SATISFIED., Hay tlan Flagship Has Dipped Her Flag to the German Flagship. By Cable t The Morning Post. , , . . . . Port AU Pkince, Dec. 7. It is under stood that the Government has conceded all of the German demands, growing ,out of the arrest and imprisonment of Emil Leuders. The first of thepjQ wejej satisfied last night, when , the tjytiau flagship dipped its flag to the' German standard, then saluted tfiei German flagship with 21 guns. The second part of the ceremonial cairieu oiu today, when the German Minister' was formally received by the Haytian .ahqi:-! ities, who have promised inai .summary justice shall be dealt out to the, officials responsible for the events leading to the breach between the two countries. - . The foreigners who took ..refuse, oh ships in the harbor have returned honje. It is not expected anything will WfiiH more Berious than a, Ministerial crisis. but the Government has take.n .Jjrecau tions against possible surprise) y Great Scheme for the Convicts. .. . . By Telegraph to The Morning Post., j .. Atlanta, Ga., Dec. 7-tTh.e Geojia Senate wants to send the State convicts to Cuba to assist the insurgent, ' TJi,e upper body has never had an opportun ity to vote on the convict quest jjuji,,,... Today, when the . House kUle the reform bill, leaving ;the.; ptajte s three thousand legal or human Wilcox introduced tion: It was referred to a-comnUtee will pruuttuiy,. icjjwiii sii v. 1 v 1 ! r . . ... f,iT,.rn 1-J v Inmor. ' maintenance Senator ... lJlt M, the following sesulu- f " i m" - T, 'r "Resolved, That all George conits i ThdMwlM fi be ordered and conveyed to .CttbriHMl f".WuWJ(4M..j)w;..7!ih-.The. ..lie turned over to Gomez, thece . ene WMtff,rry..i-rf''J0 Hr in the struggle for human, hh rtynJ r uieMrUeb ov hW elnim to tb the independence of the dcar.,litIe t-hrtiio Uie . .lttlliij 'iPearl of Antilles." t - jKmU4eBvr' N-ttled today y : ; tow -vern, Bradley's Uagh- Not a R.el murder at All- ; .ftpliB ttyWn i" f Jtatipn TeWraph to The Morning u.,. ,. o 14-veur-oJd hoy, .,1 tin- arre; est of hi brotWT' lessiou tu" .-- .uurdcriii: Wvlie, on tne ' ' . ' Henry Kiel, the dairyman, on the witness stanu, -u- liv . . I n ti I Ui 11 ft LIU) M a He wrung from nun i-., - was Mother" McKlnley Stftl Living. 'rruwW rn. ' . .v .. . . By Telegraph to The Morning P . ; J,i-rf -tie ngli,h Cantos, Ohio, Dec. 1 Jairku.- puufUVs ho, - was atSt Visit, 11:1.-;; McKinley, report "".--.wtwifiLrt - morn I D 2l " 1 i a T,.m t.a j s trf L t .-1 a tr-a pane. -. ..Im ably find r rt,f No 7. ESSI Republicans Lock Horns on Currency Reform., CIVIL SERVICE DENOUNCED. By Grosvenor and other Pesubllcaas. the Former "Taking Occasion to Poftllcfy State" that President was Mistaken " la Thinking civil Service Possf . -Other Proceedings la -:'..C House and Senate. By Telegraph to The Morning Pont , ' " ; "l Washington, D. C, Dec 7. The Senate met at the regular hour, and ;' one of the first bills to be introduced was that by Chairman Hale of the Com mittee on Naval Affairs, for the recon struction of dry docks. It authorizes the construction of a first class battle ship of 11,500 tons for service on the Pacific Coast, to tost, without armament, $3,750,000; also six torpedo boats and . three torpedo destroyers. It also author- 1 izes contracts for the construction of dry docks, in accordance With Secretary Long's recommendations, at Boston, Algiers, La., Mare Island and Ports mouth, N. H. It also provides $160,000 . for the enlargement of the granite dock at Norfolk and $75,000 for the wharf adjoining the timber dock at Port RoyaL HOUSE. Washington, Dec. 7. One of the first things to happen to the Republicans in the House today was to lock horns on the civil service, and currency question. The expression of their differences ant- mated a two-hours session. The Demo-, crats took only an incidental part.. Trouble was precipitated by the Intro duction of what Dingley termed the - usual resolution from the Committee on - Ways and Means, distributing the topics of the President's message to the sev eral committees. ; Walker, chairman, and Johnson, a member of the Committee . on . Banking and Currency, insisted upon a settlement of the jurisdiction ot their committee, before agreeing to the resolution. , . - . ' '' Dingley finally accepted the amendment to the resolution, and being acceptable to Walker and Johnson, which gave their committee jurisdiction of all mat ters relating to banking and currency, Thus amended, the resolution passed. - . During the discussion 'Grosvenor took occation to 'publicly state' that the) ,Pf es' ident was mistaken" if he believed th civil service law met with public apprtM yal. ; Grosvenor announced , to , those who Stood with him that he would In- . siat upon a modification pt the law, con titnJt4clarifial uXorce iadepartt mcntc and postal service. They would aot submit, they said, to the building up of a-privileged .official 'Class. 0 ( Johnson Indiana) expressed aston ishment at Grosvenor, the recognized spokesman of the President (!) should hp ve sunk so low as to have "sought the embrace of Democratic spoilsmen." He warhed'Grosvenor that no repeal of the law couki.be .rushed through the House. !.. Bailey. -Texas) raised . a laugh Jby ex tending.Jto Grosvenor the thanks of the Democrats for. his speech, which was isiscili-hpon, - literal r quotation from the Chicago. platform. ' After the resolu tion ..passed) the House adjourned, T , Washington, Dec. :.7. The Senate foreign "cummittce will tomorrow decide tUe Hawaii treaty's fate. It is admitted that a two-thirds .favorable vote, is inr- MR 01 GAPERS ipoasiblev:It will - probably drop the,-. tncaty and try to pass the annexation bill. ( il. .v.I.-t; 1 To. Pay "Government Obligations In Gold. ,Bjr Tfllegrpph ,to; The Morning Post.- va'Ba(TdK, Deo;. T.-Among the bills 1 iritrWruced: in the House are the foiowrttgv By Mr. Pearson, of North Carolina; aBill to repeal the act to regu late arid improve, the civil service; also totrequire banks to f urnish the Treasury j list.of . sharts:. and holders, and to re- ' qriffro.iWcatioii of transfer of bank . shaireu.1'Jiy ..3Ir. Evans," of Kentucky, joit;rei)Uit(ii .pledging the faith and credit"uf tth United States to the pay munt, in 'gohVooin of. certain of its out- Uuiiiding;oltMgatious; to the maintenance hof.Uusps laduoAO gold of all. previously . coineitMJvcR-tilwllars,-; and iwohiluting .the? further -irtaerof - AYiy silver dollar rUnlwsat.-rshsl .contain sulllcent stand ard siIvr..ko. kanaky.-stlie. dollar, when coinediatarina:axJy.-; worth rfiar in gol.V Ily:MfEMns..alBp,.1, , resolution' to modify the .CwllJpvice.aei by having it heroair.ppl)l' ofiiy-r to . depai trmmt clerk-iatWAtiiitogt0n:4id those in pub lic ofliceiUhngiiout Hi country whose k salaries are-jrom W U iSI.koo j.cr an num, LeUur .'Oarriexs aaid railway mail clerks: 1 - MrAilaitt-Mf"eorx''. mtroluci a I Mlss.'-ChrlStme" Writes Secitry Long a : iMil. MtX '.H'lW . - . v. tlir honor ...i.,.!. 111V cmsw 1"""" - ' . rwhaU' cMUcd an unirt:- 4vwi.u-.-i- ---- , ;tmuw 3jl td-nt..hHTucv .., ; Wv(W,WtB'..' 1 only 10 - uer ... . K r couaty. . rr-Trr - ..... .... 1 .. ansl i-t;iMC : whk'Ji - 7 . ' ' ' 'r i J- n n
The Morning Post (Raleigh, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Dec. 8, 1897, edition 1
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