Newspapers / The Morning Post (Raleigh, … / March 18, 1904, edition 1 / Page 4
Part of The Morning Post (Raleigh, N.C.) / About this page
This page has errors
The date, title, or page description is wrong
This page has harmful content
This page contains sensitive or offensive material
THE POST. FRIDAY HARCH" l8 IQ04 'o MORNING POST PUBLISHED DAILY BY THE ' N. C PUBLISHING CO. ' Raleigh, N. C. ROBERT M. FURMAN Editor Subscription Price t $5.00 2.50 1.23 .50 One Year Six Months Three Month. ..... .... One Month t .. Office in the Ptlllen Building. Fayettevllle street. . The Post will publish brief letters, on Subjects of general interest. The writ er's name must accompany the letter. Anonymous communications will not 1q raturnftd. ErUf letters of local news from any gectlon of the State will be thankfully received. .. Merely personal controversies will fcot be tolerated. Address all business letters and com munications for 'publication to THE HORNING POST. The telegraphic news service of THE MORNING FOST i3 absolutely full and complete, and Is unequaled by any morning newspaper nouth of He York. This service Is furnished ua Under special arrangements with THE LAPTAN NEWS BUREAU f the Nsw York Sun, and is the same iervlce that is used by the Sun Itself, which Is known to be superior to any service In any newspaper in the United) (Rtates. This service is received nightly by wire In the office of THE MORN ll'oTosT rT.m New YoVk Sun, and Includes special cables ana oomestie news and all commercial and market reports. - WASHINGTON nUBEAtt Kimball Dalldlngt 1417 C. St. N. IT. Easter: mcE; 140 Nassau St., New York Westebw Office: 517 U. 8 Expresr Building, Chicago In charge of the Steve W. Floyd Spe cial Agency. ' Subs:rlbers to The Fst are requested the label of their to note the date on p&r and send In their renewal before the exp'ratlon. Thi3 willprevent miss ing of a single issue. All papers will' be discontinued when the time paidj ,up expires. I ?aa. aoeactanoooa s Ef THE WEATHER TODAY: . O CI Probably fair. P. a D 33 FRIDAY, MARCH 18, 1904. We should at least hear no complaint hereafter of federal or . State courts for taking "snap judgment." Both have gone and done It. Pending the transmogrification of events in connection with the effort to find out "Who's Who." the Kinston Free Press sympathetically observes the "Mullet" road is affected with a "mis ery In the head." The Chronicle is an excellent, full fledged paper that comes to us from Haeford, Cumberland county, just es tablished by Mr. James W. Fagan. Raeford is in a rich section, and the Chronicle will be of great benefit to it. The Post's best wishes. 1 Mr. W. B. Ellis "has put out between 8.0CO and 10,000 peach trees at Wood Bide, on the Wilmington and New Bern Railroad, also 15 acres in dewberries, and expects next year to increase the dewberry acreage to 50 acres," says the Carolina Fruit and Truck Growers' Journal. And within ten years Mr. Ellis will be one of the richest men of! his section, as no better place for such fruits than that mentioned, indeed all along the Wilmington and ' Nevi Bern road, can be found . on the con tinent. And we 'venture" to suggest that pears can be added profitably. Our f-r-c C4.?H l . i i. cctiun is pwuiiariy aaaptea. to peaches, pears and berries i Some davs 9rn nnr frlan V C"-n..a . - ... iecK commonwealth and The Post had some :, words" over the benefit of pea- nut cultivation to land. We copy from our cotemporary the following, which! throws more light, and imDortant Hp-ht 0 , upon the subject: Since the Commonwelath v ,-. i QUeStlOn tVVO WeekS a?0 It ha a Kan H Sc. cussed some by the farmers in,i aii ; frmo. ", , . ' " who have mentioned the matter have that the land 1, not tap . peanut croo if tho vines are taken olt. yj, oc- t.. uimwuinoia Its own If the vines are left In the field and allowed to go back as a fertilizer, but to take them off will tend to im poverish the land. - "Here .the farmers Invariably take 'he vines off the land for stack feed, ind so the crop instead of being an im prover becomes an impoverisher of ,the land. "As has been observed before, this is crop of this region is an important one, studied and known bv our fnrmers" ! JUNE 23D AND GREENSBORO I anxious to employ their surplus m One Of the largest meetings of the . these Stales, ; " V " State -Executive Committee of theDe- The ' next Item comes netrer rbome mocracy that we have ever, witnessed and is Just as encouraging. Brad assembled In the capitol last night atreefs say: i. . : ,' Ji Senator Simmons, Chairman, presided, j "Taking - the additions made during with Mr. A. J. Fields as Secretary. Uhe month of February Into recount Thursday. June 23d. was fixed upon there as the date of the State Convention. . . .ya , national banks, with "When the question of deciding the place of meeting came up, three of the most fitting and grace ful speeches we have heard in many a day were delivered, the first by " Hon. Zeb. Vance Taylor, the eloquent and handsome young ex mayor of Greensboro, in presenting the Invitation of that city, followed by Hon. Dan Hugh McLean placing the Capital City in nomination, and that by the Hon. Thomas B. Womack, who spoke for the citizens of Raleigh and their desire to entertain the great convention that will meet in June, concluding, however, with, the motion that, In recognition of the very generous: and handsome manner in which Greensboro enter tained the Convention two years ago, that the invitation so. handsomely pre sented by Mr. Taylor of that city for the Convention this year be unanimous ly accepted, which was done. Dther Important matters were con sidered, which will be found reported In detail elsewhere.. So on Thursday, June 23d, at the hour of high noon, in this . year of grace, ! the largest assemble of the true men of North Carolina will meet in State Convention in the generous and flourishing city of Greensboro and name the men who are to serve this good old State of ours for another four years. . THE RIGHT STEP Gov. Aycock and his State Board oft Internal Improvements, in a meeting held yesterday In the Executive Office, . j acted wisely In determining to have a ! full Investigation of the condition and j affairs of the Atlantic and North Caro lina Road. It is not only due hlmseir, and the people of the State, but Presi dent Bryan and his administration. No one believes, nor lias any one suggest ed, certainly not this paper, that the Governor would either cover or con done wrong doing; but present con ditions are due to v a system which has- characterized and grown with the road and if found to be as re ported we are svre will be corrected, ani no one will more gladly welcome an opportunity for such improvement than President . Bryan. But the recent ''upheaval," from start to finish and it started long before Capt. McBee ap peared on the scene has fixed the at tention of the people upon this road, its management and Interests, and the fullest investigation is necessary. The Governor has acted with prompt ness and good judgment in this move ment. Our friend the Wilmington Messen ger misunderstands the situation. It savs : "We thought the Agricultural and Mechanical College, near Raleigh, was founded and kept in operation at the expense of the State as an institution cf learning and not for a place of meet ing and free hotel accommodations for Rolitical gatherings. What right has President Winston to tender the audi torium of the college for the holding of the Democratic State convention and the dining room as a free lunch room for the delegates? Is the college going, to furnish the free lunches? If so, why not open the dormitories to the delegates for lodgings and furnish them regular meals also? If this is not done the college should furnish free trans portation to the members of the con vention to aild from the city." This does President Winston .an in justice which we know our cotempor ary will not do intentionally. Dr. Winston made no "tender" what ever. He was approached by some cit izens and asked if the use of the audi torium could be obtained, and after con sulting the State authorities stated that as if was "the people's, property" it could not be seen that the use of the builtliner. even the dormitories, bv such , a body of the people as the Democratic convention could be objectionable and that . so, far as ; he and the authorities mentioned were concerned there was no , objection. - The Docter and the State UniftrHloa Trors nnlv -nMlltno- V,a- Via . . t buildings should be used; they made no attempt to thrust them upon the pub llc Two items in Bradstreet!s Journal at- tracted our attention and we think may ..... . Un tnlrtm trttrofhoy v-r,-- en -....r. :. i iii. . - cerxaiiuy lmeresimg, to tne soutn. ! .Thetat .3 a ouotaUon from the London Statist, which Bradstreet: saya is "one or tne ablest and most Influex tial of European financial journals to the effect that "there .is now greater willingness on the part of Europe to employ, capital in the United States than at any time since the early eighties." -" Nnt.ifllQl . ; jotMthstandinrr the enormous rnn L tat" of our country. European capitalists " recsnjzf -that the possibilities of com- crreat. anfl . ..... .. . - "'1'",: i ,""1WiC!"f " ; ft . " h . A ajww"- an autnonzea capuiu ui , these, almost two-thirds 1.233, to be precise have been banks with a capi tal of less than $50,000 each, and the great bulk of these have been in the middle Western, Western and South ern States. In the list of the 653 bank which have been organized with a cap ital of $50,000 and more, the Southern and middle Western States lead, with the Eastern States only slightly be hind." So taking the banking interests of tne country the development therein In Soutn nas been equal to any and surpasses oth(?r sections. Elsewhere we copy some remarks re cently made by Mr. Samuel Spencer, President of the Southern Railwas'. with comments thereon by a Georgia cotemporary, which states in terse terms the Industrial development going on In and throughout the South; all of which. Including the extracts from Bradstreet's, show that the eyes of the capitalistic and Industrial world are upon the South, and, the capital of Europe as well as- that of the United States is turning to the center of great- jest attracts and least resistance-tMs glorious old Southland of ours. Chamberlain's Colic,1 Cholera and Diarrhea " , Remedy Is the best and most popular medicine j in use for bowel complaints. It never falls . and 13 pleasant to take. Mr. R. Woodward, of Rosslyn. Kyf. says: "I have handled Chamberlain's Colic, dholera and Diarrhoea Remedy for twelve years, have never sold a bottle that did not give perfect satisfaction and it is the best selling diarrhoea medicine that I handle." For sale by W. G. Thomas and Robt. Simpson. The Uplifted South (Augusta Chronicle.) Samuel Spencer, a native of Georgia and true as steel to his Southern brethren, has been touring along the ' great railway system of which he is nrpsldent. On hla return to New York. he said: "Our trip South carried us over the ! most of the lines of the Southern, and evidences of prosperity wrere general. The "1600,000,000, according to estimates, which the cotton crop has brought to the South this year is of course one of the greatest factors in the excellent situation. But it Is not the only fac tor, because, ' with the possible excep tion of iron manufacturing, which is dull there as elsewhere, practically all the industries of the .South are in a really flourishing condition. "The cotton crop has brought a great deal of money Into the South Which was unexpected, perhaps, and every where the banks have more money on hand than they, can . find use for. If you take the clearings of banks the country over you will find, perhaps, de creases In other sections, but in the South the clearings are greater than ever, and this is a sign of the times with them." It has been pointed put by the, Fin ancial Chronicle that while in New York city bank clearings for the week ended March 5 were 31 per cent, below those " of the corresponding week of 1903, and while the Middle States alto gether show & falling 'off of 28 per cent., the New England States a fall ing off of 12 per cent., the "country as a whole a decrease of 21 per cent., the Southern States record an increase of 7.2 per cent. ' More and more It Is dawning upon the Intelligent "people of the North that the section of the Union wJiere develop ment will , be most gigantic Is . at the South. President Spencer's renort will give this additional emphasis. Not merely in words, but in practice. Mr. ; wx,o wuvium. iwi only is the great railway- system he !2Kf'- ! er5nin..prOS:i uui it m a. mini oi uaromeier oi fi. , 1Jt i Y" - uth tural advance of the South is Intimate- ly connected with his railway and that the more thP rfliiwa-c-' t,,w t,? clous management, contributes to this benecence the. greater will be the gains of the system Itself. . . One result of this prosperity at the South Is that the - people thus highly ffn - ffl hava rooiitr rs, ..a. , mass, the most conservative part of the i T T 1 1 1 ..... ' on- s much l this the case that another great captain of Industry, Thomas F. Ryan, a Virginian and mul- ti - mllllohalre, would, as a democratic man of affairs, with Immense Interests at the North. aS Well as at tho Smith : take any platform made by. conserva. t a Iff nnv nlntfnrtri maa i tive South 1 ?t J f and abide by it. But, It is not politically that we would; at this time, stress this subject. Taking the cue from President Spen- cer, as it were, we heartily endorse hlS hfilipf that ttio Hnnfh to I i .CT . " . "'5 i "L , union, mat tne i fTr - a ,', nmotn. v... - - m . nciiiicLii ceniurv wi irimoea on ov i utrju;iu au preceaent ana i rhiPA nf stooU- nf th Vnrfho, toi. thnt -n-o who v-fl . Cnase,or stock or tne jNortnern Pacific LtMtiLfln ci???nl Sir.C-nPf-y. a.thouSh such Pur- hrvc the best ani solldest' reason fo' ! e m rtt lo vest in- fclm being elated, highly optimistic and ab- somtely confident of the future. lhe distinguished ex-Governor and Senator J ohn D. Long, of Massachu setts, an old 'fashioned Republican, years ago, said substantially to a Southern frlejid The day Is comine- If ,is not far distant, when; the North, " - wjr iua.ur umerent problems, . WlSSsSSSST tbG . . . - ' B,"-- Fell Jams will have to lean on the South for wise government and moral principles. You Southerners., after all, have retained some " sound principles that the North is apparently forgetting or neglecting. We will, despite the frictions of the past, have, to come to you for aid and comfort." v We thank President Spencer for his cheerful, encouraging, uplifting report and his "marching through Georgia". Is the kind we welcome and desire. The South Is on the ascending scale. She is rising like a giantr She Is wide awake and strenuously active.1 The golden future is hers and all 'of her people should ' feel a thrill pf pride In the glorious prospect, and better still, work as one man to Its transcendent fulfillment. The Merger Decision (Washington Times.) Congress has surreme authority and control of commerce among the states. Laws . passed by Congress which are in accord with the constitution cannot be set aside by any device or combina tion created under the laws of a state. The Northern Securities Company tended to operate in restraint of trade and as a monopoly - The court dissolves the Northern Se curities Company by granting the in junction prayed by the government. ' The natural effect of the, merger agreement was to prevent competition and therefore subject to the Sherman act, which embraces not only mono polies which have been consummated, but attempts to monopolize as well. In order to prove .that a combination or a monopoly existed within the meaning of the act, it was not necess ary to show that the immediate effect is to suppress Competition or establish a monopoly. It was sufficient to show that the combination tended to do those things. It Is no violation of the rights of the states, but is clearly within the federal power for Congress to prohibit any- thing which has a tendency to restrain Interstate trade. ; ' ' ' Ownership of a majority of its stock constitutes the control of a corpora tion. By transferrins a majority of their stock to a common trustee the two railway companies have combined in violation of the act. The Securities Company clearly in tended to establish a monopoly by ac quiring control of the stock of the competing railroads. The above epitomizes the decision of the United States supreme court in the action brought by the United States under the Sherman anti-trust law against the Northern Securities Corn- pany as the "holding" corporation -of the Great Northern Railroad and the Northern Pacific Railroad, and com monly known as" the merger case. The decision was reached by a divided court, four of the judges concurring in the majority opinion read by Mr." J us tlce Harlan and .four dissenting, thus making the courfstand five to four in affirmation of the decree of the "Min nesota court, which held the merger to be a combination, in restraint of trade and commerce, and -coming under the prohibition of the anti-trust laws. A significant feature of the decision is that a majority of the court goes on record as holding that the merger case was an "unreasonable" restraint of trade, and' that the Sherman law applies to "unresLponable!' restraint. This is evident from the opinion of Mr. Justice Brewer, who, while con curring in ' the conclusions of the ma jority opinion as read by Mr. Justice Harlan, does not agree in all respects with the line of reasoning - followed. Particularly does he' point out that the law applies to unreasonable restraints of interstate commerce,' but he holds that the combination of the Great an "unreasonable" restraint. JUSTICE BREWER'S OPINION. Upon this point he says, In his own opinion: "instead of holding that the anti trust act included, all contracts, reason able or unreasonable, in restraint of In terestate trade, the ruling4 should' have dlers, and 40,000 Chinese. It will be been that the contracts there present the great flour-milling city of that re were in themselves unreasonable re- gion. ; stralnts of interstate trade, and there fore Within the scope of the act. Con eTessdid not intend by that, act to! reach and dest those minor CQ11. j tcts in partial restraint of trade. ! . v. i A. , which the long course of decisions at c lawnad amrmed w.re ea,on- able Ueht t0be UeM' The PUr T- T, -A statuJry ! Prohibition which prescribed penalties am? remedies to nullify those contracts which were in direct restraint of trade. unreasonable and against public policy. Wherever a departure from common law rules and definitions Is claimed, the nurnose to mak th' d. Parturo ehould be clearly shown. Such N V.IWMJMA '3 - 1- . - . a Purpose .does not appear and such a departure was not Jntended. Further, the general language of J the act Is limited by the power which Uhe Individual has to manage his own rjrOCertV and to ilptarmfnP tVlA TvlaX and manner of its investment. Free dom of action in these respects is among the Inalienable rights of ever,y citizen. If applying this to the present case, it appeared that Mr. Hill was the owner of a majority of the stock in the Great Northern Railway Com- ....... , . pany - ne coma not oy any act of Con- gress be deprived of the right of in- CTess be deprived of the u vesting his surplus means In the pur- . i . es through that ownership a control over both companies." Receiver McBee Resign v (Charlotte Chronicle.) The Chronicle's special from Raleigh this afternoon indicates that on the 'strength of the ease made out by the state, capt. V. E. . McBee has decided frt !5rar7 " tiy PLEASED TO DO IT flaleigh Citizens Gladly Sptak : Publicly on This subject A public statement. J t Given to the public for the public v good. , A citizen's experience. Truthfully told for humanity's sake f Should find ready appreciation. . Raleigh people are pleased to do it: V Pleased to tell their friends and neighbors. . ' Tell them about the "little conquer? ' or." : ' ' - - ' ' ' The good deeds of Doan's Kidney pills : ' . -.' ? :. Are spreading o'er the city. Lifting burdens from aching, backs Curing the pains of kidney Ills. Read the proof In. a Raleigh man's words. , : W. R. Hood of 311 South Bloodworth Hvu mT1w1 In WhlDDle & Co.'f grocery store, says: "When I got my first box of Doan's Kidney Pills at the ttt. - t, rnmnsnv's stnre. my kidneys had been giving me con- cl0W0 tmnhl for a lonff time. 1 had a canstant dull, aching pain in the small of my back and across th hips, and my urine was very irregular. Sometimes I had to get out of bed a half dozen times during the night. Then again It would be very scant. Then was when I had the mest pair, and worst path In my back. The se cretions were very dark and carried a heavy sediment. Since using the pills I have not had the pains at all, and the secretions have been cleared up to their normal slate." For sale by all dealers.. Price 50 cents. Foster-Milburn Co., Buffalo, N. Y., sole agents for the United States. Remember the namer-Doan's and take no substitute. to resign the receivership of the At lantic and North Carolina Railroad and turn the road back into the hands that controlled It before he took charge. Perhaps this is a wise course on part of Capt. McBee and may have the effect of avoiding a clash between the state and federal authorities, and at the same time may be a solution of one of the difficulties In which the road has become Involved. Whether or not this action on part of the receiver will stop further proceedings against him, It should not operate against the con tinued sifting of the aff irs of the road. The investigation should be carried on i to the end and the searchlight throw n J fully on. Let us see whether it Is bet- ! ter to lease it. to sell it or continue it as a state-operated property. This action of Capt.' McBee will mark the distinctive failure i of the, receiver ship, move, a move that whether wisely or unwisely made, cannot but result in gcod to the stockholders of the road in the end. : Cheap Lawyers a Detriment to Southern De velopment (Greenville, S, C, News.) President Samuel Spencer of the Southern Railway, gave out a. state ment in New .York the other day .'Li which he called attention to the splen did evidences of prosperity in the south. What he said is true, and being interested In the welfare and develop ment of this section he Is anxious for the outside world to become more in timately acquainted with our advance ment. Being a southern man and the president of one of the greatest rail- ,road systems, Mr. Spencer's statement demands the most careful considera tion. His railroad is doing much for the south, and all of us should be will ing to praise its efforts. It might do more except for the disastrous work of cheap lawyers who would starve to death 'except for paltry damage suits. Harbin, Manchuria, is but 3 years old, but it Is one of the greatest cities of Asia, and has the largest European population of any Asiatic city, con taining 60,000 Russians, besides the sol- All good housakeepers are thinking in-tne notne just of a new season. In your SPRING GLEANING you will certainly some piece of FURNITURE that has become so find worn that it is unfit fo BUY A You will also OF FURNITURE before. If you are not sure just what 1U Obi US. ght. are ri IIIIEES For Spring. Planting Wt offer an unusual fin stock of the following: . ; ' SILVER LEAF MAPLES, 8 to 10 and 10 to 12 feet high. - SUbAR MAPLES, . 7 to 8 and 8 to 10 ft high. Carolina: poplars, 8 to 10, 10 to 12 and 1a to 14 feet high. - y ' . . .. ALSO , . - American Lindens, Glnj-kos, European Birch. etc. -- . . ' " All handsome specimens; young and thrifty, smooth and straight; the kind that grod off promptly and live. . No old rougn siocx. wrue us prompuy, ivc , ! estimate of wants and .we will name! j special prices, for shipment this month. t rimmus wt ue eatety uu.)B iu nnri flrt vle In An-ril. If interested in fruit growing, write for our free illustrated catalog; also 40 page pamphlet on "How to Plan and Cultivate an Orchard." Giva all nec essary information. . J. Van Lindley Nursery Co, Pomona, N. C. NOTICE IMPO'R 1 - We want several energetic men tc organiz and maintain District , Apt ri des;, good territory . is yet to be assigned. The positions are permanent, ar.l only such representatives are appointed as want to make the insurance ork a regular business. A District Agency can be made to pay handsorriely. Ti. ) work t sagreeable, and In the highest sense honorable. There is still goni territory open for the right men. Only applicants with established reputation for reliability are considered. .'.Address,; "... J. D. BOUSH ALL, General Agt Tucker Bdg, Opp. Posloffice. Raleigh, N.C insurance Company, RALEIGH, N. Cf V ESTABLISHED 1868. A North Carolina Company, Solid and Sound, Seeking North Carolina Business. No Loss in Baltimore Eire. - Confines its business to the State of North Carolina. Limits its risks to $5,000.00 in any one blockin any town. J . . The State of North Carolina has no large or thickly settled cities therefore, under this company's conserva tive management its clients take no risk in patronizing this home company. DIRECTORS W. N. KREMER, President German American In3. Co., New York. ' . - k C. G. SMITH, Secretary German Amer ican Ins. Co., New York. A. B. ANDREWS, Vice-President Southern Railway. . R. H. BATTLE, President atta Attor ney, Raleigh, N. C. C. H. COfFIN, Ass't Sec'y German American Ins. Co., New York. R. T. GRAY, Lawyer. Raleigh, N. C. now. It is always so ; r us3 N E W findr some place foraNEWIPIECE -somethiria vou hadn't ihminbt of Our Stock IS Corrmtaff r .. ; STIEFF "The Piano with the sweet tone." t N. B, W hereby glr notice that our Business in Ooldsboro and the adjacent territory there to from this date on will be looked after by , our Factory Representative. MR. Gk S. ED WARDS, who has ueceeded MR. A. W. CHANDLER, who formally represented us In raid territory In the future please , address all communications to MR. G. S. EDWARDS Factory Representative, - GOLDSBORO, N, C. Signed Cuas. MStieff, Piano Manufacturer. b to 8 J i 1 TANT I JULIUS LEWIS, Retired MercVi Raleigh. N. C JOHN P. BRUTON. PresiieV F r National Bank, Wilson; N. . WALKER TAYLOR, -InsuraY.ee." V.i , mlngton, N. C. W. L. REYNOLDS, Insurance, Atli ,ta, Georgia. ALEXANDER WEBB, Vlcs-P; ' The N. C. Home Irifiuranco JOHN C. DREWRY, Gn. Agent M tual Benefit Life Inr. Co. of some chanqo3 at the bei (ginning PI you want COMB anrl nnr nripn W V A. J W W mm ECE 00.r? Corner Witnitt and Haroett S'cc s. RALEIGH, N. C. , L -vv, mat wey art wKawwaoneDay.CripiaaDts w' koa 2So
The Morning Post (Raleigh, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
March 18, 1904, edition 1
4
Click "Submit" to request a review of this page. NCDHC staff will check .
0 / 75