r
H
A
Vol." VI
RALEIGH,, N. C," WEDNESDAY, OCTOBER 3. 1900
No 108
'rM.
BANKERS IN COUNCIL
Ann!
ol Convention Holding
Forth in Richmond.
ELCOMES IN PROFUSION
tfrfurf' Hepert how a Large In
rf ' lrmbrlilp nd oriiitti
j:.rr,.mteJ-Tl"r of Interest to
t rrtfi,.lon DiicuMjtn id -rs-
tnniinl Af"dree-Ilerorts on
Its
V.i t. 2. The American
. ir.ii ln-.-an it annual
t.Iiy. Th.re were
;i m" c. in .i!t. ndanee.
i .- 1 1 Lit. of St. Ioui.
; t nrIe at 10
.;: ; ir. The di legates hold
a ri.f g.irle:i f the
... and witlw for com
.: Ij i.uus 10 in;. tiv-
rial laws. But we need more than this
knowledge of these ieople. their coun
tries, commerce ami law if we are to
dominate their trade and be tlAir bank
ers. To do those things we need a
currency of utable value. No one will
buy draft- upon us or deposit their
money with ns if these draft and their
credits represent doubtful and changing
values, while a comictitor nation offers;
a currency which does not nhrink and U
measured at all times by an unchang
ing standard. It is no answer to say
that payment in gold, ir that is the stand
ard desired, can be secured bv private
contract. The very Tact that it requires
a sjecial contract to secure It is a decla
ration that the general law does not
afford the protection desired. Hut fur
thermore, it is not, as a practical propo
sition, !os.ible to entirely safeguard
one's self against the uncertainties of
variable currency through private con
tracts. The evils at home of such cur
rency are bad enough, but in forHgn
commerce they are possibly worse, and
will prevent any iteople who are depend
ent on such inonev from bankinir for
those who can avoid them. Free choice
will rarely bring them customers, though
necessity may furnish them victims,.
I think that all the members of this
association will agree with me that a
variable standard of value is to be de
plored if possible, though we mav not
agree as to what would constitute such a
standard and how it could l lest avoid
ed. I'urthcrmoie. few dispute the propo
sition that gold is the most unvarvnig
TUAN GOMES TO GRIEF
Boxer Chief Falls Under Im
perial Disfavor.
THE END IS NOT YET
V ' .1
Settlement of the Miners'
. Strike Is Not in Sight.
PUNISHMENT AWAITS HIM
other Princes lit the Same Predicament-French
Proposal for Settling
the Chlneee Troutle in Line with the
American' Policy-Late Cablegrams
from ninlster Conner Contain Jio
Complaint Against YnoLni '
ALL CONCERNED AT ODDS
Operator Unable to Agree Upon Terms
to Be Offered to the Strikers-Serious
Difference Between Small Operators
and the Railroads The Strike Tak
ing on New Life -The Situation Ha
Become IQore Complicated
'TasMngton, Oct. 2. The Secretary
of State was assured by Minister Wu
Ting Fans this morning that the impe
rial edict providing for the degradation
and trial of Prince ' Tu an and other
Boxer leaders is authentic. It has been
charged that the edict was concocted
in Shanghai and that it did not originate
money standard, though ome contend ' with Emperor KNvang Hsu. Mr. Wu's
rS 'I " un- oniy or nesr sianuani . a,ivires in regard to th rW rp from
' A
tlfV had. Mr. llrvnn k.h-s ho first ih-
:-l-d Virginia's welcome sires to preserve greenbacks from leg-
iiaiie destruction, and that he will
then consider whether they should ever
be paid, and if so. how. I would firmly
establish gold as the only standard money
f this country, as the past and present
win h;hu mac ic is me lest stniMaru.
I am a I way in favor of improvement,
but I do not believe that everything so
A
IV
A
of Kithaund. gave
, . ; riiy t th visitors.
... . i- -i.tl J. It. Purie'l, in
Irvident Newton, of the
-j:i:ig h.n:s.', made a few
. ! t .cf h or two in reply
.n.iries. Then the real
..i. i...it of v.uijth coai-
t jr 'gram t uches some
' ti ..!is m "wh.ch Bauk-
, v I . - II. lUan.h, of New
: 1 , ..u .a.d rcpnt, as follows:
I ur rcreturj IteporU
.;!, and resoune- of the
. i .ciH'i as fvlljws:
..: $ij,nj
Sheng, director general of railways and
telegraphs at Shanghai, who acts, says
Minister Wn, as the chaiinel of commu
nication between the central government
of China and its ministers abroad.
Sheng's dispatch contains more details
of the decree than have heretofore been
called is proerly named. j Ifiven in official and press dispatches. It
Siuce our last meeting a step though says that by the edict, which was issued
not as loll? a um :is I b.-nl fwinil f.r
has been taken toward fixing gold
in the monetary scheme of this eountry.
I refer, of course, to the act of Congr ss
approval March 14. l!K. It authorizes
an increase in the national bank circula
tion, and leaves undisturbed our ten dif
ferent kinds of money, and it should,
therefore, not offend, though it ink not
satisfy, tne monetary exiiansionist. This
action leave the standard silver ddlir
a legal ienier to any amount in payment
or an uebts, pultlie anl private, exept
!'. I where otherwise expressly stiimlated bv
i.j -I,..m i contract. It provides that nothing in it
. . .Ol.-iM i shall le construed to ntTi'ct the lesral ten-
i.ir ine:nler were I dcr qualities "as mw provided by law,
f.i.:ure. liqit.d ilion and of the silver dollar, or of any othr
i the asMH-satioti. reduc- money cihiuhI or issued by the United
;u:; to :s.'Wl. Might hun-, Stands." - Therefore, all private eon
. v i memlHTs have joinetl 1 trai ts merely providing for the pnvment
- 1. a net gam over
t ti :n-:t'. crh":p f v.
.v ttuiiraccs 4..VH) niemlcr5.
:. -4.iro'u and ui. divided ,
of "bdlars" can still 1m- discbarred by
the payment of silver dollars. Sherman
certificate, and greenbacks: that is, it
has not affected the tandard of private
.i'2.AS.ii J; om-! contracts. It has, however, provided
September 23th, Prince Chwang, Prince
Yih. secondary princes Tsai Lien and
Tsai Ying are deprived of all their res
pective ra nis and offices. Prince Tuan
is deprived of office and handed over to
the imperial clan court which shall con
sult and decide upon a severe penalty,
and his salary is to 'be stoppeu. Duke
Tsai Lien ana the 'president of the ccu-
sorate, Yang Nieir, are handed over to
Scranton, Pa., Oct. 2. There is today
no early settlement of the strike in sight.
The big companies, which are also the
carrying companies, and the individual
operators, differ over the former's pro
posed basis of -settlement, the latter de-f
daring that such settlement -would be
unequal and place them at the mercy
of the carriers. Moreover, the Dela
ware and " Hudson Company hesitates
about joining the other large companies,
General Superintendent Rose saying that
no instructions one way or the other
have been given him by President Oly
phant, and the Pennsylvania Coal Com
pany, it is said, has not even been asked
to participate in the operators' deliber
ations. Vice President Thome, of the
latter company, when here laat week,
announced that if their connecting line
from Lackawanna to Kingston, X. Y.,
was bujilt, giving them tide-water , con
nection,' they would quickly eji-d the
stnke ho far as the Pennsylvania coin-
lany afid the individual operators of
the Lackawanna and vyonung valleys
were concerned.
The individual operators declare for
.-rion on treight tolls for their
ners and bands and bearing . crudely
printed signs declaring they were oa
strike for fair play, for bread, for, full
dinner buckets, for cheap powder, for
recognition of the union and for many
other things.
A crowd of breaker boys carried one
saying: "Give -our fathers justice, and
we can go to school." Another declared:
"In a free country we are, but freedom
we want." Still another asserted: "We
will fight to the bitter end." Many bore
Mitchell's picture and some words of
praise. One local had some men in a
wagon drilling rock; another had some
of its men in frock coats and high hats
to represent Mark Hanna, J. P. Morgan
and the operators. One carried an effigy
on a stretcher bearing the card: "Dead
man no good." Some of the men wore
their mining clothes, but most of them
put on their best. They- were cheered
repeatedly all along the line, the features
being greeted with shouts and the blow
ling of tin horns. For over two hours
they marched, some of the late arrivals
dropping into line wherever they chanced
to strike it, and some reaching tdwn
only in time to get to the park in tirna
to near tne speaking
From McAdoo, thirty-five miles away,
and in the Lehigh region, some few men
inarched and were given a place of honor
in tne parade. After passing over the
principal streets of, the city, the paraders
marched across the river to West Side
Park and it was there the speeches took
place. Two glee clubs sang to ease the
impatience of the crowd while the speak
ers were coming, and when they did
appear the strikers yelled themselves
noarse
T. D. Nichols, president of the First
district, introduced George Purcell of In
diana, who, in a few words, told the
strikers to maintain their organization
and they would gain sunremacv. because
in the end the operators would be com
pelled to recognize the union.
Father Dunn of St. Marv's Church.
this city, congratulated the strikers on
being so orderly and well-behaved so far,
and said they had won the admiration
of the church and the public. He asked
God to bless them and aid them to wiii.
. President Mitchell's speech was short
and to the point. He spoke about fifteen
minutes, and declared his position defi-
uilcij in uvu ux me paragrupns, saying:
"I want to say to you now that I am
quite familiar with your defeats and
with your partial successes. This creat
strike will not be closed as were other
strikes. Before this strike comes to an
end I shall call a convention. I shall
ask every local union, I shall ask every
colliery on strike to send a delegate there,
to send more than, one delegate if they
want to, and let them determine the
question themselves. I believe that your
interests in this strike are greater than
my interests, and I shall not decide
thatyou will go back to the mines; I
WAY UNDEfr,,c MARK
How Lands Are Assessed in
Two Large Counties
RULE TO DIVIDE VALUES
Several JUarge" Plantations In North
ampten Listed far Below Their Ileal
Value Edgecombo Co nnty Citizen a '
Say AeseasmenlaLre About One-half
Actual Value Fourteen ITltnesaee
i - . .
Examined Darin; tUe Day. ,
J.". 1 5s3 i i !
total, that something over $.s.'liMKK.OOi out of
alnmt $l.irjiLi'w(MNKi of government
. l'..07." more than the J bond bearing 'I, 4 and ." per cent, inter-
I.i -1 year's n:emlers. ct, and payable in "coin." may be re-
.. . I n t include the tapita funde.1 into II per cent, gold binds. That
. .. r;j mcinWrs. who are i. to !e assured of gold iu payment of
:i d in.l V no itatc-
::-- tf uly submitted.
JAS. 11. llUANCH.
Sectary.
WJrf Freeldent Hill
- i-.-l -t de!icrcl tiis annual
the interest and principal of these bond.
a redu
product! one of them saving this morn
the -said board, who shall consult audiing that if the carrying companies will
decide upon a severe penalty, and Kang make hb allowance of 05 instead of GO
Yi, assistant grand secretary and presi- per cent, of selling prices for their pro-
dcut of the civil board, and Cuiao-Shu- duct,' they will join with- the big con
Vhiao, president of the board of punish- cerns in effecting a strike settlement.
inents, are handed over to theboard of A committee of the smaller operators
censors, who shall consult and decide has gone to .New York to confer with.
....... i . I . i j j. it j.i mi
upu i u peiiaiii. ine presmenis on tnas maiier. xuey a u shal, not dcid th t shall stay out
T he terms of the edict, it is said, are in that city now. It is announced that thom k,, k. ,iv.-T; J:.Awii
satisfactory to this govornment which if they.-do not get this concession they
has proceeded on the theory that more will declare the present agreement an-
could be accomplished by encouragmg iinHed.
the Chinese government to act in good The notice which the big cocypanies
.faith than by coercive measures. Ipiit-np this morning to their miners al-
A telegram received at the State Deilows them a 10 per cent, increase in
partment today from Miuister - Co'nger wages and states that other grievances
at Pekin. confirms the annooncement will be taken up with their own em
from St. I'etersburg that the Ilussiau oloyes. but behind this is the intimation
Minister,. M. DeGiers, ami the legation that thT increase will come out of the
staff had wirhdiuwn irora lVkiu to lien nronosed cut in the price of powder.
Tsiu iu furtherance of"the Itussian plan There was some excitement around the
. I.
t t :
..!!. lour Honor, .ur. t ri"i
(:.' and Gentlemen, and Gmi-
American Hankers As-
It
:It fir me to assume me
s 1 i. t in this, the iH'autiful
' ..f Virginia, where I was
t r ir--l and spent the first ten
: r, !-.. Ii.xmI. niul S4rvel an
t. it 'banking iu all iositious
; f eahiT.
;.. k:i- Iflge of the ixiple of
i I l' aund that we will
t '--in til ides inot ourteins
'':.: if ti..n. ainl no effort will
I r u..kt- ih viMt to this ity
v i.i.-'ni -.-r of this association
' in !h lifi-.
- f t!. ijiaractrr of its people.
r;.i! iiujxirtance anil its hls
'f 1 ;un rttnfidetit that all will
- :'.. ,!t,.j' whirh has brought
' i i;i . ity Iwfore which those
- v . and Grant, fought
- ; armifs in the greatest
f ra i.-rn titii'. as thereby we
', !"" i't;rtft.'. .if that which wr
! i jHS-Ially in this rum-
' i.-. 'U.ti a Grant and a Iee
.iii... nnirorm. and Jhat
!.--! aldirini ti the battleships
:V I t.i-. Sr.it-H U-.irs the name
S' t.. ri w iii.-h was bwatctl the
' "f Ie f nfeleracy. a name
i - ' "in i i ii aval annals by the
they must te rcaujusteil. as it were, into t0 intiuce tie Chinese sovereigns and I headquarters of district No. 1 this morn-
- rr mii. o.m.a i ions u n ji in a ur jjoverunieut to return to the capital and, ing when the pnoposed terms ot tne opr
beghi negotiations for peace. jerators were announced. Tne general
Government officials have little to Kay opinion was that the proposals should
concerning the terms of the French pro- not be considered.
posal for a settlement of the Chinese The struggle between the strikers and
troubles, except iu expressing gratitica- operators is evidently taking on new
tion that it is iu accord with the attitude life in this district, and, with the smaller
assumed by the United States in regard operator at loggerheads with the large
to rlie ntinishinent of the Boxer leaders companies, the situation has become
.ind th initiation of -peace negotiations, much complicated.
The new proposal of France that the ini- Ex-Mayor O'Connell, of this city, who
portation of fire arms and ammunition is interested in mine operation's here and
. ier cent, oasis, as you may say. so
far n interest is concerned. In other
wonls. the act deelare that "coin" in
the londs referretl to shall mean "gold."
,: be reviewed the new if the holder will accept in exchange for
. rn:iting the K4ukers of t his present and . per cent, bonds,
v a i l financiil legU.ation in others bearing, on the average, less th in
1! -;! as follow: half the interest he. is now receiving, ami
if he will not accept such readjusted
bonds lie may still be paid, both a to
principal and interest, in silver. There
still remains unfunded into these II pr
cent. ImhuIs about $.V0.KiO.(K)0 of the
SNIU.fX lO.Ci n that may Ik- exchanged for
1! per cent, "gold bonds. Having pro
vided for the possible issue of $S."9.
iMXi.oon of gold lMnds common prudence
demanded that our goiu reserve should
o strengthened, and this the act has
done, but t falls far short of establish-
; ing the gold standard in this eountry.
and does not secure it against the policy
of a President or Secretary of the Treas
ury hostile to gold. The passage of this
i b..ve American commerce
r ; nd which was sunk off
rr.inr,. iv the Kearsarge
' V . ; ' ,;:,!d Sunday morning in June
"Ih.it whirh recloth.il Ie in
" -s I i:.ii..J Alabama amongst the
tie Tnitol States, evidenc
Mi'i'y d..-s. tiiat we are again.
; i -- th.in - r In-fore. oii. people,
u-iit it burdens. I will not
.
" th.. -White Man's r.urdens."
ar,. ..nrs. and we must lcar
-Tav or another, though just
mi. -ni, JM..Ir iheiu I io imt pro-
i.tit it is altogether
: : 1 h itibl call your attention
f-rHiir-s of coliditioiK result
41 l'e war with Spain, am!
-:! .; v of our eiiii n try dur-
f t 'uUt it r.ine years, that
ns.. r- or less din-ctly a large
tht fllellllM-rs ..." t tils niiu'i:l.
" - t'ag has l.-en carriinl into
' f th.'- world. llow long
' ; i t!...- part, and just what
r ''; 1 '"'Present, no iu can now
f:us n ay U safely said: We
'-a lit cotuuiereial shell and
j f r eountry will never again
I L.i I, within the confinesj of
d States. This new condition
vs ..f th,. eountry must meet,
u the custutlians of the money
' ia:;v. aiul if they do not use
;.riy and to the best advantage
.;.! r.f xi-hauge. other foreign-
t"ip reward that nhonld be
r -t retired that we will not
7 ro long do awkwardly,
i I . p. n-irely what can be bet-
' "tk-rs. Excellence of r-
r-- d-ui.iti.le of n. and thcre-
'" -liicate ourselves in the
" "f world. Wo must nc-
i-, h,-. nith tlo character of
and the countries to which
t . a. as. We must know what
" -luce and what they n
... 4 th.. routes br whieh thev
:. uio.i iiuickiv ami most
' iuut inform onraelreit
vf feature of their couimcr--
banks. Before we can hope for any
legislation of that kind the people at
large, the masses, must be made to un
derstand the necessity of it. and the jus
tire and wisdom of its specific provisions.
And I care not how the value of th's
bank money may be secured, nor how far
may
1 .... . . 1 I . . 1 t It I- 1 1 A - 1
into China be promtutetl permanently, near wnamoKin ana oenanaaaa, touay
- . a I .flail I 1
unreiroiit v does not meet wnth favor xn reiterotea ms opinion tnat tne wno.e
miv.mnniit eiieles. although officials sav rvurrtose of the big -Coonpanies is the
. . ... - -C7 .' . . - . . . . o
that thev have given no consideration squeezing out or nusiness or uie smaii
to that proiMjsition anu win not uo so operators. -jioiuer muivmuai upcimoi.
oTitil it has been made bv Prance to the said
ITnited States. "The men in JNew lork nx tne post or
4:.nernllv. the obieet on to placing a coal and then hx the rare or carnage.
permanent embaivo on the importation Thus the individual operator is at their
.,f Tminltions of war into the empire" is mercy. It means absolute nun for some
thit if would be nniust to cut off so of us unless -both enas or rne contract
large a proportion of the world's popu- are considered and we are given a bet-.
ter rare ior coai.
s val-
to m-
super-
have
control in
pro-
situation
most
mini1
Gratification is expected ly high offi- niized aiid they cannot deal as they set
oU iho rpurosent the views Of the out to uo wiin me iriKe piuuivm.
.,,,.f tii nrooiiitmPnt of t.he Neither 'thev nor the nn'davidnal opera
vicerovs of Nankin and Wu-Chang to tors 4iave been consulted in the slight
assist Li Hung Chang and Prince Ching est degrees by the New York parties
in tne conuuet or peace negooauous . ,
with the powers. ' One offcial said to- ix any or tne lnoivmuai operators are
l. :... fmni ihu lisii or hre arms, and rnatl
T . T . 1 av a. 1 . 1 - 111 lltll aV A J 111 f. aV4 X. -- V " - 1
acr means, m my i iugmcnt. .it. nn; measure would naturally carry with "It is an unheard of thing in tha
winch w-e snouni reaiie iimi, un- stoppage of the nmnufacture of ley for the powers in New York
uersiano iue, seuun.e.n 01 mis rouiur. - flnd gun powder in Avhich the terfere. ITereto-fore, tne mining
on tne ouestion or currency legisiauon. r . - i;mm, n,ients. Officials intendents of the great companies
and that is. that there is no .ope m ine "v;f ... nro to ive any been delegated full .power to
near future, if at nil. in the nre-tin oi M "V: Vreju.h urosa to raze all matters pertaining to anthracite
th:s generation or any eiaoorate 'currency ,lotwp- i.k-in and the during interests. The present
A - I Hon. W It IFI I . I uir IA -s. ' I . -
.e nacin.en. aoM.u ..; 7 - ' flnd to maintain legation guards in places these superintendents in
umore i lan or nu oiner u.ni - . - nnh-appv nosition. Their control is
templates the issue of money ty the!
of them, Jjut by yoUr own voices you shall
determine that.
"Let me impress upon your memories
this fact: That you cannot reasonably
expect to remove and eradicate ,all the
evils, all the injustices, that have' been
heaped upon you for forty long years of
no organization, but I do believe that
a victory has been gained. I do believe"
that part of the wrongs will be righted,
tind if you will . stand ; together as one
man, refusing to move until you - all
move, then just as sure as I am here,
just as sure as you 'are here today, you
will achieve the greatest victory indeed,
the first great victory ever known in the
history of the anthracite region."
SNAP FOR CARNEGIE
Weldori, N. C, Oct. 2. Special. Judge
Shepherd convened his court in the rail
road taxation cases this morning at
9:30. . The lawyers made good headway
and examined many witnesses.
George P. Burgwyn of ' Northampton
county was one of the best witnesses for
the railroads. He named some of tha
biggest and most valuable farms which,
in liis judgment,, are valued at about one
half their real value. He named 'one
plantation worth $27,000 assessed for
taxes at about $9,000, and knew of
another1' worth $20,000 assessed at be
tween six and seven thousand. He named
another large plantation of 1,000 acres,
valued at $10,000, assessed at four on
five thousand dollars. Mr. Burgwyn .
mimed other well-known tracts which
were assessed at much less thafn thtj
lands would sell for; On cross-examina
tion he said there was no understanding
between the assessors to undervalue, but
the rule was to put it at about two-thirds
of the actual cash value.
James Pender of Edgecombe county
was an important witness. He had been
a member of th finance committee and
register of deeds ; for two years. The
custom In Edgecombe county was to
equali2ie, and the assessed values wero
not over one-half the real value. Ho
then cited a number of cases. Ono
piece of land valued, for taxation atl
three hundred dollars sold for seven
hundred. He had offered eleyen hundred
for a piece 'of land valued at five hundred
and his offer had been refused. On
another tract valued at twelve hundred '
and fifty dollars he had loaned fifteen
hundred. He sold one acre for four
hundred and sixty dollars valued at one
hundred and fifty. Another.pla.ee assessed
at twentyrseven hundred had an offer of
Tour thousand and was refused. Many
other similar cases were -cited.
Sheriff Knight of Edgecombe said th
average assessment-; iu his county would
not exceed three-fourths.
W, -H. Andrews of Edgecombe said:
The rule in" my township is to assess
at about one-half." , , v.
K. ti. liyde , sai he i lived ' In Edge
combe. -The ., custom .is,. to value land
at about half, llad' served us deputy
sheriff. : -.7 '
Mr. Thigpen lived in the same county.
in No. 2 township. He did not think
lands in his section were valued for
taxation at more than forty per cent of
actual value. The custom had prevailed
I i i . :j 1. : . ...
He Will Make Two or Tbree Millions ieu jenra 10 uimervan.e 111 111s cu i n.. v.
on Armor Plate Contract. fourteen witnesses were examiueel to-
. uay.
Washington, Oct; 2. No decision was Charles Price, counsel for the Southern
reached by Secretary Long today in re- Railway, arrived this evening. .
gard to awarding the contract for armor- Witnesses examined today arc all'
plates. ;. The amount required is placed prominent business men arid farmers.'
at 30,000 tons. The price asked, with An adjournment was taken at 5 o'clock
royalty, foots up approximately $15,- until 9:30 tomorrow morning.
000,000. -
Only two of the steel companies were
represented at the conference which had
been arranged for at the Navy Depart
ment today to- treat of the 'subject of
naval armor. These were Mr. Linder
man, for the riethlehem Steel Company,
and Mr. Schwab, for the Carnegie Com
pany, j. he 3imvaie uompany, tne low
L1KE BARM7PS SHOW
. - . .. . . m I l.Ariin rr. thof -f It a tt 1 r rwes tt II rofli c Tf
be the compensation paid by the (ta.v,"t better seicn.ons nan tnese r tVur " K-rc
i" Ji-.1 i -!ii ,.. .liniPiiit conlil Jrnve heen mane oy tne unucu m-i.. VUC1..U1V "
'wa.v Bill- Barm. a aaaaa v .
fllrv- - . - 9 m - - - - w - - -
work, and take a long time to persuade
the people that the bankers are not get
ting an undue advantage anl proit
through their right to ine money. The
unreasonable hostility with which so
manv people still view the risrht of na
tional banks in this, respect should con
vince the most sanguine of how. almost
k i trill iu. the task of reconcillnir: of the civilized worm, ine ottjciai went.
a - tlwnr n fi t tomtit 1 n r
L .ii L-in.i under consideration. And these viceroys to keep their provinces
that hofpe realized. President I. 1)
fv,1- .ci tisf ffnrr T.5 TTnnr' fh n n f? I 'N IChOlS. Of lJliStrlCt NO. J 01 the Uniteu.
on.i Prin'f miin? hji'viiLj? shown them- Mine Workers, said he hardly thought
n. ....,.o tn th,o n n f i jni-oi n I the offer would te satisfactory, as tne
crusade, ami the two viceroys having strikers are Jbent. on having a gfneral
conducted themselves, during the critical conference. District organizer Nicholas
period of affairs throughout China, in a Burke said: 'The notice wont be
.war tnat nau exrueu rue -laomiraiion 1 uuw
' on to say that it was no easy task for
I1!
r-
nnrthinir nlonir these lines worth at
tempting Everything of the kind which
has lccn sucgesjed involves a greater or
bs nbandonmcnt of the most essential
featnres of true or redemjtion money,
namelv: Instrinsic and fixed v:.lne. And
the cbiscr we keen to true money and the
few substitutes for it we have, the bet
ter. The industry, capacity, commerce,
and wraith of the people are all proper
e'ements of their- credit: but credit,
whirh means after all hone, relief, ex
pectancy, should be eliminated as far as
possible from mo-iey. Tor a thousand
rears before coin were Invented money
Pa'cd bv weizht alone and during that
inriod the onlv confidence needed with
nwnect to if was as to the nnrlty of tne
metal, which was weighed out before
him to whom it was paid. Therefore.
,t,in. hot necessity should induce the
do:.tlon or. emission of representative;
money.
orderly and to protect foreigners during
A Big Colliery. Cloaee
Pottsville, Pa.. Oct. 2. The West-
the Boxer troubles, but they hd done Brookside colliery, near Tower City, the
so against great odds. . , largest producer that the Philadelphia
a. v.,.,,. t oo t f t and Beading Coal and Iron Company
plenipotenUary, no such complimentary have a,nd. Perhaps its most profitable
femarks are made in official circles, but shut down today, and upward of
it was explalneol today that the govern- s.ttlc lK
ment has no iositive exidence connect- 1.ina"y worKmen srayea away
ing him with the attack' on -the Iega- lu, "v"" lu .,'ei,"H-,,w .,auvu-,
"ns. at Pekin, despite the u piclons I . The Lincoln and pood Spring col-
of the fore gn ministers. Minister Con- " X . aiai.icu T
"er. while .he had previous y reflected -"'"" - -
bv inTerence on Yung Lu. said noth- be only a qnest10i? of a day or -so, as the
nng in tHe telegram received from him men ff ff JnS.t? the Ells-
iS trnAotiate7 peace I L iSAire Uorth eolliery, at Broad Mountain, claim
nomtment to negotiate peace to indicate , t '
LnMU r5nvao ireneril -wi nnciticfop- tnai mir men are not uui u a '"""c
that the Chinese general w as nnsatisfac- I rnI1:prv fls shr Anvrn Saturday to
tory. An otiiciai or prominence sam to- -"-.v rrrs" r .i 'uAMn.A
day that ihere is reason to .believe that P P c Ooerations
Yung Lu is not as riacKas hesas been ".w ; Vmit week
painted, svhd unless 'Minister Conger
makes a protest against cis acceptance.
Its verv name shows that it is the tfroremment will not object to him
-.!.... tnm sAiYithinir which is con- na nlAnfrmtentiarv of China.
n snnsuniiv 1 . - . . - . H0 w t, L. v .
eAL to be better than the snDstuuie.
Thit there may at times, and in places.
w. need for more money than is tner
d then to be nad. does not. by any
lu aoA rr-Wtrh iimtlfie the
UsCe of representative money. The
! " r mAntT because of a -wide-
n 0 HI! OK . VI ill .. nr In
ft tim
ti JrHvJ circulation lelow the temporary
Ln VlXL. eommunity. Mr. Trenholm
. Money, ays
"v -I- tio Poonle
? "1- .t,.:.; covcrnmental efforts
I'll Uvl"
that evi
i .1 1 .4
alter ine renairs are compicieu.
All the collieries in this rezion except
those named, are shut down owing to the
strike.
The French Plan
ParK Oct. 2. The foreign office an
nounced that the summary of the new
French note, made public in Vienna yes
terday, is correct. -
In the note referred to France agrees
nk to the necessity of obtaining satisfac
JttlTCHELTL, TALKS TO STRIKERS
VTany Tlionsande Hear Hie Wine-work
er President on the Situation
Wilkesbarre. Pa.. Oct. 2. President
Mitchell, of the United Mine Workers,
tion for the anti-foreign ntrjw-L- hn snr-1 At Westside Park this afternoon, ad-
fConlinneJ oa
gests that the ministers in Fekin should I dressed an audience of at least 20,000
immediately begin nezofiatiohs on the persons. For two hours men. women and
other nuestions at issue. Tho nntP slso boys - poured into the bijr park. The
oroiKses the permanent nmhihition - of parade proved a great success. There
I were about 13,000 men in line and they
Cnntinuod on najra I tuarchttd ia. JLocaIm hmiad h hJ
Big Fourron and Steel Trust 1T111 lie
the reatest on Eartla.
New York, Oct, 2. The statement i.
made by authorities in the iron and steel
trade that if President McKinley is re-
est bidder when bids were last opened elected there will be,, in the near future.
for supplying naval armor, sent no rep- a consolidation of the American Tin
resentatives to the conference today. Plate Company, the. National Steel Conl
Mr. Schwab saw the President about pany, the American Steel Hoop ' Com-'
the armor plate at Canton Saturday and pany and the American Sheet Steel C om
it is cousidereu certain that the Came- pany, four of the greatest trusts formed
gie Company will get the lion's share of during the present administration.
the contract, which at the prices asked, , -..Bach of these concerns is at present a
would afford them a profit of two or largely controlling factor in .its particu- .
three million dollars. lar line of business. The tin-plate trust
The armor required is for eight battle- controls the .-tin-plate industry, having
ships, six armored cruisers and three VIUSL U"T i 7-
on,i" r.motifK0 ,A I being notoriously able to fix the price, of
largest item of the kind ever required by tin plate. The. steel-hoop trust niakes; a..
I large part or its class or gooas. ine
ereosfodihafihe Nationar Steel Company is one of. the; :
uegie and Bethlehem companies had krgest .of the steel concerns. 1 he Sheet
divided I the amount of armor, each bid- Steel Company is the newest of these
din- the same price-$445-for class A concerns and controls the output of ,
M'S?alenitP St. combination, if it is formed.
The American Steel Hoop Company
has a capitalization of $:,000,000; tho
tin-plate trust an authorized capital of
! $50,000,000 and an actual tissue of $4G,
325,000, and the National Steel trust
an authorized and issued capitalization
of $59,000,000. The Sheet Steel Com
pany's capital is larger than any of these,
three. The total capitalization of the
but with the condition that considerable
time be given before - deliveries negin
All the bids were rejected.
ELECTIONS lit CONNECTICUT
Re tarns Shew Slight Gains In Favor o
the Democrats
New Haven, Conn., Oct. 2. Reports four is jnvexcess of $200,000,000. It is
from alfbut four of the 162 towns of supposed .ftatjn the process lof consoli.-Connecticut-
which held their general dation this capitalization will be further;
town elections yesterday were receijed ZaSn i&fSn9 doue tms
mnrn nar. As tnere are omy jloo 4
towns in the otate, ,ic was a geuciai
1 election.
""" x. - . , - i an
The Hemocrats eiecrea - municipal oiu
IIOJIICIDE I If STANLTl
cers In nve or six more towns than a will Mlnson Shootsand Kills Frank
year ago, but 118 towns have, gone Re- Swaringen, Ills Employer.
publican! The : Republicans have car- '
ried more than' nearly three times as . Albemarle, N. C, Oct. 2. -Special.,
many of'the towns in the State as the Will Hinson shot and killed Frank,
Democrats. Swaringen last night about 8 o'clock.
Last year, out of the 162 towns which The shooting took place at Swaribgen'a ,
held their October elections 125 went distillery near Porter's. . The men quar '
Republican and thirty-seven Democratic, reled about some whiskey. Hinson, who
New London and Norwalk, which were was Swaringen's distiller, had been tak-
earried at the last jeleetion by the Demo- ing whiskey whenever he wanted it.
crats, went Republican. : - . Swaringen last week ordered him . to
Half a dozen towns went juemocratie stop, xesreraay owarmgeu em ai ooy
this year that were Republican a year to Hinson's room for any whiskey he
ago. In all, the-fight was close and the might find hidden. He found three pints,
election sharply contested. When Hinson returned he suspected that
Swaringen had gotten the liquor,, ana
nhan fVio-w mot a fpw mlmifps later Hin-
Crazy Rlan Shoots a Priest Uon pulled his pistol and fired, the -shot V
-Rvafnn. Oct! 2. John Gleason. who is taking effect in Swaringen's leftj arm; I
-cwi in ho demntftl. . shrtt and kpH- I Swnrinen fired.- but missed. Hinson .
ously wound ed. Rev. Lawrence P. McCar-J fired four more shots, each taking effect
thy, rector of tne T.ioman jatnoiic inurcu in various pans w iuc "yyj- j .
of the Most Holy Redeemer, of East fell and was carried to his house, where,
Boston, at the parochial residence today, he died in thirty minutes. Hinson has .
bullet lodged. in the clergyman's back, not been, apprehended. r . - .
but the attending- surgeons think that John Austin of Union county secured
the ball can be-extracted and that the the franchise for telephone lines hero
Driest will recover. Gleason was ar- last night. An exchange will 'be .put
i
s
1,
V
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