Newspapers / The Raleigh Times (Raleigh, … / Dec. 3, 1895, edition 1 / Page 1
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7 rp Tomorrow's Weather. For North Carolina Fair; ' colder Wednesday morning. Tomorrow' Wrubtr. COLS coo 11 RiMrli and vlcintvv 0 ',rair,Miarr. - 3 VOL. XXXIV. NO. ' Devoted to Finance and For eign Relations. BODY BLOW AT SILVER. Mr. Cleveland Hake Us of the Oo- .oasloa to,Epra In Unequivocal - Term Hla Gold Standard Potlcy- , - He Strike SledeHammer Blow ' - at Free Coinage Discos all For- ' eilsn Ouestlons and Admonlahes ' Fnmlra Power to Bapprea the ' Tarklah Ontragea." v""V, Bf Telegraph to the rreaa-Vliltor. WASfliHQToiD.'C., Dm. 8 : The following is the main text of President Cleveland's Hssss; which was transmitted to Congress today i HKSSAQI TO TBI CoBXlKIBB 01 TBI CUITID fiTATIfl: ' ' - ' ' The present sssemblegs of the legir - ': IiUm braaah of ur ovminnt o curs at a time when the Interest of ' oar people aad the seed of the eonn 1 5 r try give especial nroejlnsne3 to the - !" eoaditlon of oor foreign relatione and the ezigenelee of oar national flaaneea. " ' !. The reports of the heads of the several , administration depsrtmenU of the got- ernment f ally and plainly exhibit what ' - has been accomplished within the eeope - V.r' J of their wspeetlv do ties and present I - saeh recommendations for th better . ment of oar eosntry's condition as pa-'-trlotle and intelligent labor aad -observation suggest. "'-': - C f .'-!' therefor deem it my" eieeatlve ' 1 dnty adequately performed at this tims by preeenting to the Congress the - Important phases of oar situation a ' related to onr Intercourse with foreign nations, and a statement ef the inen ' ' lal problems whleh eonfront as, omit . ting, except as they are related t these 1 - . topics, iny reference to departmental " ; operations. i i.si; "'-''' s ' 'r The resumption of the Specie pay- ,. ment by? Chill Is a step of great s , InUreat and imporUnsvboth In iU -direct consequences upon : her 'own welfare and as aviaetng the sseendeney ..4 .--f-af sound Unsocial principles la all f ' the most .Influential of Boats Ameriesn ' republics.' 'C''--"'"? , Occurrences in Turkey have eontin- V " ned to excite concern. The reported massacres of Chrletisns in Armenia - and the deTelopment there and in - other districts of a spirit of fanatic: " hostility to Christian influences, ante rally eieited apprehension for.: the v ssfety of the deroted men and women '' - who, 'ss dependent of ' th foreign j missionary societies la " the: United " ' ' ' Btxtcs, who reside in Tnrkey under th guarantee bf law aad usage, and ' in the legitimate performance of thler edatetional and religions mission. No effort hare been spared in their behalf, and their protection la person j snd property his been. earnestly and ' rigorously enforced by ery means ' within our power, v . ' - .1 regreV howeeer, that a attempt ' -' nn our part to obtain better Informa ' tioa concerning the troe condition of " , affaire in the dlsturbsd quarter of - , . . ttheOttemaa empire, by sending thither , th United StsUs eonsul at Blras'to - -s mak tavestigttioa and report was " i thwarted by i tbi obieetions of the ' , :Torkth gOYeronxent. This morement a our part was ia no sense meant as gratuitous entagtement of th United - A gutoslntheso called eastern qoes- ' Won, net aa an fflcioos interference with the right aad duty which belong . y treaty to eerUia great European - H " powers, calling for their lnterreatlon :. a political matter affecting th good onvernment and freedom of th non- , mussulman uDjeei 01 tn duimio, u ' 1 It arose solely from oor desirs to hare , , accurate knowledge of th ooadl- tions in our, effort to rare for those , r entitled to our proteetios. " , ' ; The presence Of our naral vseis, which are now la the ricinlty of the ' disturbed localities, affords oppor tonltls to aeqnlr a , measur of " J , familiarity , with th eonditloa,, of ' affairs, and will ensbl us to take suitable steps for the protection of any i,' interests of onr soontrymen: within , '.; reach of oor ship that might b found .' imperilled. - .:..-? Th Ottaman gorernment ha lately ' issued aa imperial tirade exempting forerer from taxstio an American ' -'college for glrlsat SoutsrV BepeaUd assuraneca hare also been obtained by nn at Constantinople that simi- ' Is r" institution matntsined and ad. " minlsted by our countrymen ehall be secured la the enjoyment of all tights, nd that our eitixens throushoot the - ' emtlrc shall be protected The go?- ernmeat,' howerer, In view of the . . ..i.ile facia., I - far- from relying - nnn. aniih asearanees as the limit of 11. Antv. Onr minister has been tigi last and alert In affording all poseible protection In lndiWual cases wner .' dinger threatened or safety was imper . . -Hied. ' r:ff :",,';: W hare sent ships as fsr towards Ihe points of sctual disturbsne a it Is possble for them to g. wher they offer refng to those obliged to llee and we hsre the promle of other powere which hare ships ia the aelgh hood that our eitlien. as wsll as tt..tr'alll be received snd protected on board these ship. On the demand f MiniHter. orders bare been iaened br the Soltaa that Turkish 8G. soldiers shall gsard and escort to the coast -JAmsrlcsn , retngees. v 1 nese order hare beea earred out, and our latest inteligenee glies assurance of the j- nroiant personal safety , of nr r eitiaens , and . missionaries Thoogh,. thus .. fsr no ' lire of American eitixene hare been saerl- Heed." there eaa be no doubt that serious loss and destruction of mission property hare resulted from riotous eonmets and, outrageous auaexs dj treatr eereral of the most npwerfnl Baropeaa powers hare secured a right to assume a duty not only in behalf of their own citizens and In I urtnerance of their owa interests, but as agents of the Christian world., , Their right Is to snforee such conduct of the Turkish government as will restrain fanatical brutality, and if this falls their duty is to so interfere ss to" insure against such dreadful occurrences in Turkey ss hare lately shocked olrUlxation. The powers declare this right snd this dutr to be theirs alone, and it is ear nestly hoped that prompt and -effective action on their pan will not pe aeiay ea. Th President ?oes on at length to discuss various foreign, subjects, in cluding th Chines missionary trou bles, the Bearing s question, vrenen relations, Cubaa - troubles, consular saiariss. etc. -t'i -r 7'v After a complete review of toe finan cial legislation and' history of this country. Mr. Cleveland says: Th foregoing statement of events and conditions develops the fact that after increasing our, iuterest-besrtng bonded indebtedness more thtn 169,- 000,000 to save our gold reserve we are nearly wher we started, having now in such reserve 79.S33,968, ss sgstnit $65,i88.877 ia February, J894, when th first bonds were issued. ".-V' i; Though the amount of gold drawn from the Treasary appears to be very large, as gathered from the facts and figures hsrein presented, It actually was much larger, considerable sums having been acquired by th Treasury within th several periods stated with out the issue of bonds. On th 28th of January, 1895, it was announced by the Secretary of the. Treasury that more than (170,000,000 of gold had beaa withdrawn for hoarding or ship ment during the yesr preceding.' -He now report that from January 1, 1879, to July-14, 1890, a period of eleven years, only a little over 138.000,000 wac withdrawn and that between J my 14, 1890, the date of the passage of the law for aa increased purchase of sil ver, and th 1st day of December, 1895, 0. within less thin five-and a half year, there "was withdrawn? nearly 1575,000,000, making a total of more than 408,000,000 drawa from the Treasary in gold since January 1, 1879, to date fixed in 187? for the retire ment of th United States note. i Nearly (337,000,000 of the gold too drawa ha been paid oat on these Uni ted States notee snd yet everyone of the 348, 000,000 is still uncancelled aad ready to do service in future gold depletions. Hot than $76,000,000 in gold hss since their creation in 1890, been paid out from the. Treasury upon the notes given on th purchase of sil ver by the government snd yet the whole, amounting t to 1185,000,000, v except little mora than fio.ooapuu, wnicn hare been retired by exchanges for sil. vsr at the request of the holders, re mains outstanding and prepared to join their older nnd more experienced allies in future raid upon the treasury's gold reserve, in other words, the gov ernment ha paid In gold mar than nine-tenth of its United mates notee and still owes them all. It has paid In gold about one-half of its notes given for -silver purehise wltnoot extin guishing by such payment one dollar of these notes, wnsn saaeo 10 an tme wc are reminded that to carry on this astounding financial scheme, thv gov ernment has incurred a bonded indebt edness of $95,500,000 in cstsbtlshtng a gold reserve aad of $163,815,400 in efforts to msintaln its that the annual interest charge of such boaded Indebt edness i more thaa $11,000,000, that a continuance, in onr present course msy result in farther bond Issues and that wc have suffered or are threatened with all this for the sake of supplying gold for foreign Shipment or facilitat ing tts Hoarding at nome. a auuanon U exhibited which certainly ought lo arrest attention and provoke immediate legislative relief. , , . ; . Ism convinced the only thorough and practicable remedy for our trou bles is found in the retirement snd cancellation of onr United Stale notes commonly cslud greenbacks, and tne outstanding treasury 'notes issued by the government in psyment of silver purchsses under the act of 1890. . ' . I believe tnie eouia oe qm accomplished by the en bangs of these hotel for United Stxte bond of amall as well as Isrge denominations bearing a low rate of interest. They should be long term bonds thus inerasing tblr desirability aa Investments snd because their payment could be well postponed to a period far removed from th pre, at financial burdens and perplexities, when with increased prosperity and reaonrees thev would be more essily met, To further insure .the cancella tion of those notes aad also provide a way by which gold may be . added to our currency ia Ilea 6f them. A feat re in the plan should be an aathority j Kiven to the Secretary of the Treasury to dispose OI tne pouae aoruau iut Evuu is ascetsary to rompieie tne eumeui nlatad ' redemption and cancellation Permitting him to use the proceeds of snh bonds to tsks up and cancel any of the notes that may be la tne Tress. ury or that may be received by th government on any accoont. The in areas of our bcsided debt involved in this plsn would be amply eompenr ated by renewed aetivit and enterprise In all business clreles. The restored eon- 1ana at home, the reinstated faith ! tn oar monetary strength 'abroad and RALEIGH; N. C. the stimulation of every industry tbst would follow the cancellation of the gold demand obligations now sfflietlng u. In any event th bond proposed would stand for the extinguishment of a troublesome Indebtedness,' while la ths path w now follow there lorks the menaeejof unending bonds with oor in debtedness still undischarged and eg gravatad in every featur. w I do not overlook the fact" that ths cancellation of the Treasary note is Sued under the silvsr purchasing act of 1890 would leave the Treasury la the actual ownership of sufficient sil ver. Including seignoragt, to cola near $178,000,000 in standard dollars. It ia worthy of eousldoratlon whether this might not, from time to time, be con verted in dollars or fractional solnand slowly, put. Intr circulation, aa In th Judgment or Secretary of th Treasury the aeteesitiet of th country should reonlr. : "' : :-t - .- W whatever is sttsmpted should bs en tered upon fully appreciating the lac; that br careless, easy descent we have reached a dangerous depth and that our ascent will not be accomplished with laborious toil and and struggle, We shall be wise if we real'se thst we arc financially Ul and that our restore tloa to health may require heroic treat ment and unpleasant remedies In th present stags of our aimooity It Is not eas to understand how the amount of oar revenue receipts directly affects It., v. The Important question is not the aosatitr of money received in revenue parments. but the kind of money we maintain and our- ability. to continue on a sound flnsnetai condition. We are considering the government's holdings of gold as related to the soundnes of oar money, a aneeuag. oar national ersdit and our moneury strength, f'V;isC;t-'?' . ;'" If our gold reserve had never been (spared! if no bonds had ever been is sued to replenish it; if there had beea no fear nnd timidity concerning our ability to continue gold pyro.nU if any part of our revenue were now paid la gold and if we snald look to oar gold receipts ss a means of mslotsln tog a safe reserve; the amount of our revenue would be an Infiuentisl fee- tor in the problem, , Bat unfortunately all the eircamstsnee that might lend weight to this consideration are en tirely lacking. .. ; . i - It is neither unfair nor unjust to charge a large share' of oor present financial' perplexities and danger to the operation of the laws of 1878 and 1890 compelling the purchase of silvsr by the government, which not only fur nished a new treasary obligation npon which Its cold could be Withdrawn, but so increased th fear of an overwhelm- inn- flood of silver and afforded decent to silver payments that even th repeal of these laws did nor entirely cure the evil of their existence Whllc.I have endeavored to make a plain statement of ths disordered condition of our cur rency and the present danger menac ing our prosperity, ana to siggess a wav which leads to a safer financial system, I have constantly had In mind the fact that msny of my countrymen, whose sincerity I do not doubt, insist that the cur for the ills now threat-1 enlng n rosy be found la th single and simple remedy or in xree com-; age of stiver. They aontend that par mints shall be at onec thrown opea to the free, unlimited and independent coinage of both gold and silver dollars of full legal tender quality regardless of the action of any other government, and in full view of the fact thst the ratio between the metals which they suggest calls one hundred cent worth of gold in the gold dollsr at the pressnt stand ard, and only, fifty cents in intrinsic worth of silver in ,tbe sllrer dollar. Were there' infinitely etrenger reasons than can b adduced for .hoping that sueh setlon would eecure for us a l metellio currency, moving on line of parity," an experiment o-novel and hssardous si thst proposed might well etagger thoee who believe that stability is an imperative condition 01 soanu money, , No government, no human contriv ance or act of legislation has ever been able to hold the two metal to gether in free coinage at a ratio ap preciably .different iroia tnai wnicn is established la i the markets of the worlds r.-?-'''?-!;--' Thosc'whd. believe that our inde pendent free coinage of silver at an artificial ratio with gold of 16 to 1, would restore the parity between the metals, and consequently between the coins, oppose tn unsupported and Im probable theory to the general belief and practice of otner nations, ana to the teaching of the wisest statesmen and eoonomlst, of the world, both ia the past and present, and what is far more conclusive, they tan counter to our own actual experience. In the light of our owa experiences, whleh accord with the experience of other nations, there is certainly no s care ground for the belief thst an est of . CongTes could - now bridge aa inequality of fifty per cent between gold and silver at our present rttio. Nor i there the least possibility tnsi our country, which has lees than one seventh of the silver money In the world, could, by Its action alone, rals not only our own, but all silver to its lost ratioa with gold. Our attempt to accomplish this by the fiec coinage of silver at a ratio differing widely from actual relative values , would be the signal for the complete departure of gold from our circulation, tne imme diate and large contraction oi vur cir culating medium and a shrinkage la real, value aud monetary efficiency of 11 other form of eurreney as they sre settled' to the level of silver mono mstallism. Bvsry one who receives n cad salary, and every worker for wares, would find' the dollar la his hand ruthlessly scaled down to th point of bitter disappointment, if not to pinching privation., A change in TUKS I A Y EVENING. ! oar standard to Oliver monometallism ! would also bring pe a eollapee of the . Hit,,, mjmtviu w, ..icuit, .bivii whom baeed on a standard wbich I reeog. aixed and adopted by the world of business, is msny fines more potent tnd Useful tbsn the entire volume of eurreney, and I safely aspabl of al most Indefinite expansion to meet the growtn of trsds and enterprise ia elf Invited struggle through darkness and uncertainty. , -Oar humiliation' would be Increased by the consciousness that we had parted ; company with all :. the en lightened and .progressive nations of tne world, and were desperately and hopelessly striving to meet the stress of modern commerce and competition with a debased snd unsuitable eur reney and in association with the few week snd lao-rard nations which hsve sliver alone as their sttndard of vsloe. - REFORMERS TO MEET. ' Call for National Christian Confer ence to be Held, in Atlanta, Ga. We, th undersigned advocate! of reiorm. viewing witn anxious cot, oern the many erlU of the day, unite in a oall for a National Christian Conferenoe to be held at the city of Atlanta, Ga , December 18th and 19th, 1895. Crime and lawlessness are abroad in the land; Sabbath desecration is great arid proving; lawa for the eop pression of blasphemy, gambling and other vices are frequently and shamelessly violated; in many cities and to some whole States the Bible hss been banished from the publio sehools; to the United States there are more than forty different sets of divorce law; the invent hand eighth oommandmenM nod other precepts of tie Ddcalog.ia are oous'antly broken; the people of the United State alone squander 11,000 000,000 for iiqu ir hi a year, while the liquor traffic, causing a large proportion of iia erirae and suffering, is annu ally killing 100,000 of our citizens. Viewing also the bribery and cor ruption in politioe; remembering the disgraceful aots and riotous scenes in some of the State Legislatures of 1895, and the thamefnl closing hours of the flfty-third Congress; that, while there are, some good men in offi je, we have been electing and ap pointing far too many bad and In competent, ones, &UJthe way from courts of Justices of tbe Peoe tothe balls of the United States Capitol; that no political party has a right to expeot the support of Christian peo ple so long as that party nominates oorrupt or Inoompetcut men; that from seventy five to ninety per cent cf the people are in I tvor of different reforms advocated; that it it is a mistake for good citizen to hold back - from politf o; that primary eleotions and nominating conven tions are as important ss the polls on eleotlon day; and believing further that the great impediment to aotkn is not dlsoussed, but the wantof that knowledge whioh is discusslof , and ttiat there should be a union of ill reform forces, we requt all Chris tian oltinns of the Unied States to attend or send representatives to this Conferenoe to be held at the of At ianta,'ra.. Beginning at 9 a m.i Wednesday, December 18 ;h, to con sider these vital issues of the hour, to promote all wis) measures of re form, and to devise some means for ohoosing only good and competent men for public f ffl. . ' . Christian ohurohes, societies of Christian Endeavor and other young people's unions; Woman's Christian Temperanoe Union, Young Men's Christian Association, and all kindred organizations are urged to send delegates to tbe Christian Ct n ferenoe. ' , . " 8. T. NiotioisoN, Rr. D. II. TcTTUt, J. W. Cahtm, D. Jamis DiHWIDDia, i B. F. Montaqui, : - ,- W. N.JoNga, s ' M. M. Marsiull, D. D., - a B. Dsnsok, r-j r 1 Hugh MonsoNi , t;,;' A. M. 8rMMS, D. D., Jtjdqi W. CtAsr, LJL. IV: , ' Rkv. Johm N. Cols, ; Cou . 8. Cabb, ? . 1 'S' T..C. ji'ui.i.br, j . 'V: W.J. Yoouo, Waltbb II. Ovsbtoh, " w.ilwoeth, ;,-: W. 8. Pbimboss, fei'A. M. POWBLL, v - " , JOHM T. PCLLBK, - . -;. , , Kuoinb Damibl, O. D., v.- - Hon. O. M. Cookb. i , , j - Kbv. Jas. L 'ostb, : i - N. B. Bbouohtok,. . . , Hoir -C M- Busbbk, : ; J. C. CADDsUvivXf;: D.J.MOOD. ' ' Evvm L. MoFTtTT, -fc'-" v Friends to the movement will tilansa nasa aroand this call for sixoa tures, and send along names without delay. ,-..v, .--, Funds are needed for immedate and future expenses. Address all communlcaUons to v- i 8. T. Niohomom, Temporary Becretary, Atlanta, Ga. JECEMBER 3, 1895. JUDGE SCHENCK AGAIN Will Tell All, Though He be Assassinated. "AGIN" PRIVATE OARS. States that lie Bas a Grievance and then Proceeds to Air Ic Di rected by Animosity. Jodge Sehfnek's second arlirle la opposition to the confirmation of th lees of tbe North Carolina Railroad will appear in this weeL'e Csoeasisa. Judge Sehenck besds his artiule "Tbe Lew Is Stronger thsn th Corporations and the people mske the Law Tbe Pen is mightier than tbe 6jrd." The Jndje starts off by Haying- that his former article stirred op th Soathern Uailwsy considerably and tts friends came to Its assUtsne by personal abase of him instetd of re plying to his argamnt8. Quoting hi language, "I have been a atadent of corporation law fcr 14 yeare and am vain tnuogh to think that I know Something ab)ut it." He states that the 8outhern em ployed him for 14 years; that he went day and night, destr-ylng his health; that he went into the employ of the road reluctantly and only by fair promises; that instead of remnnersting him for his bsrl services after dis abling his health or eiercising any feeling of humanity or ohtrlty toward him in his help'exs condition, tbe 'soulless eorpaiation", cool y tn a-d him out withont pref-rring any charges against him "It thought 1 waa dead and treated ma as it woold dead dog, by abolithiag my offlee." Judge Suhenck any that he has taken no cases against -the Southern Railway free of eharge, nor was he a I disappointed sandidate for director of the North Carolina Railroad; that ha ill have his say though re be assassi nated and intends to take all the eases he can get against the Southern and will be grateful to any one who em ploys him; eays he kn iws its werk points and is not afraid to meet the railroad in the court. ' He sajs thst by holding a ( barter out of the State cave can be removed to tbe Federal courts, and tbat this I done in instsnees wb-re am aut n eeediag $3,000 sre claimed It is fur ther alleged that the rallro-.d claims It cinnot get ja-tice in these esses in order to hsve tbem removed The Judge predicts that the neit Legists- tnre will enact laws to prevent this if the bills sre not purloined. He holds tbirVHhe State has the right to tax foreign corporation; that fur eign eorporatlonsian be -minded from the State, or a tai Imposed on its shares or stcoks. The ex-Judge plainly states in the beginning that (like the Irishman) he is a man with a grievance. He heaps abuse on railroad officials and grows eloquent on "luiurious care" in which the officials, he states, roll lon through the Ststeio gorgeous splendor It is farther stated tbat liveried ser vants await the tap of an eleotnc bell n Col. Andrews' private ear. Te gods aad little ilsbes Da P. Ik in livery. And the Judge further ays it would be more consistent,- too, with a Rrpnblii;n iorm of government, if these nabobs would not display their weslth before the eves of the suffering poor around the depots It is stated thst other States have compelled rail roads to take out charters. Judge Schenck asserts ' tbat tbe Southern is now e' retching out it octnpns hands to gather l the C. F Y.T. Railroad, and thai th Oov ernor ought, if eeeeseary, call th Legislature together to prevent tbe onsematioa of this crime, or tbe Bal tlmor syndicate ought to postpone a sale until th nxt Legislature meets In order to take aitlou. He farther est thst th Soother is trylsg t destroy all the br.nehee of this road The Judge praises the Railroad Commission Says that It has redaeed accident to life and limb one half by eotaDelllna railroad to Beep their tracks aad other property In repair. He give th Farmers' Altisnc credit for creating the commission. ; ; ' ' The Judge Ut thst th aext Leg lalatnr should rah Joist eoCBmittec oa railroad reform, and let it forma 1st a nir f;i:0y':'i: Judge. Scheuck annoasee thst be will torn sg aln. sad le by atating that "with fre sir r fre peeh aad freedom frm Ik power of foreign corporations written on its banner, the Alliaae will wis agsinatrli somrrs. :. OIT1T IM BRIEF. Short Mote awl liens ut latere t. Th Paass-TisiToalsallttls 1st this aftarsoon oa anonat of printing the President's masssge, bos we trnst that onr readers appreciate oar estt-rprtss 1 giving them the meaesg fresh from th wire in edisnse of any other paper, A bin; possum" supper will be given her tomorrow evening, under th supervision of Prof. Jseksun. of the Capital Club. On account of tbe illness of Jodice A. W. Graham, Judge Tlmberlake will bold the neit term of Dopllu Court, which bea-lu next Thursdsy. Mr. B. W. Ballard, s promimnt Frankllaton merchaat Is in the city os his return 1 trip from Atlanta. Mrs. Ballard aeeotnpaoles him The Epworlb Reading Circle will meet tonight t 7:30 o'clock at the reeldeaee cf Dr. W. H. Bobbitt. It is hoped there will be a full attendance. Mr. ). Q. Ball invites you to call oa him for th nicest and beet articles in faaey groceries for the Christmas trade. See his ad and give him a sail. Ths President's message, in sub- Stance, is resd In the Press-Visitor this afternoon almost before the read ing Is concluded in th Senate and the Honse at Wash'ngSon. Ths order of Colonial Dames is con sidering the adoption of a sesl. Sir Walter Raleigh's portrsit, as well as his court of arms and the Tryon pal ace have all been suggested. Shrift W. J. Usrdlson of Martin county is the first Sheriff to mske s full settlement of his taxes. Sheriff Hardi'ou arrived in the city today and turned over 5,600 to the Treas urer. Mr, H. 8. Lowery, our progrereive grocer, naa purchased tne rarnam stand on Wllmluton Street where be Is fully prepared to serve his large trade with every thing in a complete line of groceries and a full stock of wines and liquors. Read his adver tisement in these columns. Mr. B, T. Den on, who hss for sev ers! years conducted the "Central Car" on Fayetteville Si reet will re more the same to No. 17 Kxebang" Plane, where he will in future conduct it nnder th aam name. Mr. MeClure will open business at tbe same place where the "Cent! al Cafe" was lo. sted. but under a different name. A new enterprise la Raleigh is that of Messrs. Lambeth Co., who hsve recently opened an citeasive wholeale liquor boaae on Wilmington street, op posite the Messrs. Tnoker Wilmington street door. This Arm carries a large stock st all times and the prlca which they quote can not be equaled Watch out for steoou.menle from them in thess columns within the next dsy or two. Mr. C. A. Sherwood sets forth some plsin fset In his advertisement today and the troth of what be ssys will be realisid by all. His cash system makes small profit for him, bat quick sslss. and is certainly tn the advan tage of the purchaser. Mr. Sherwood's beautiful line of eloake Is ths talk of the towu. See them and get his prices There was s happy gathering of little) girl st Royal & Botden's today for th cooking contest. Ther sre at least 160 competitor, snd the contest whleh was offered by Msaager allies Goodwin proved a great a access A large number of ladies and children are In attenanee, and there was pleaty of coffee and biscuits for all. Receiving the Presidents Message, The Pit s'deutVmessagtt olioked over the wires in all parte of the country last night. It was received here over the Western Union wires. Tbe operators began taking It at 1 a. m. and never stopped until 6 tola morning. Wheo it is remembered that the message contains 17,000 word and that it was received in such an Incredibly short time, we cm realizs tbe trying test tbe opera tors went through The Western Union supplied the message free to its patrons as it does every year. The offio here is one of the best managed ia the country and always gives satisfaction to Its patrons. Tbe gentle men who took the message orer the wire on Messrs. W, C Riohardsoa. Roy Tbeim and B. a Worthen. Manager Egerton has our thanks tor prompt tnd courteous serrios. Capital ixKig Laar, . -. CapitaJ Lodge No. 146 1. 0. O. F. meets tonight st 8 o'clock. Full st- tendance is dealred. ' ' I.T.Jons.N.Q. 00 PEK Y K R. . MB COUNTY CROSS City Tax Valuation Increas ed $G2,000. MAY NOT BE ACCEPTED The Board of Kqoalliation Late In Making a Report Oownty Com-. mUslonor Befer th Metier. - Toe B'utrd of - Alerdermen ar- p luted a City Board of Equalization otue months a to composed of Cap. Ashe Mr. V. B- Root and Col. W. J, Hicks. The Board after extmiuioK vari ous properties In tbe city increased the tax valuatiou about $62,000. Owing to a misaoderstanrtiriK be tween tbe City Board mid County Board of Equalization as to tbe time and manner of meeting, it la just pos sible that the city Board will have don i their work of iaoreaaimc tbe taxes without accomplishing any tangible result, The law directs tbat the city arid ooonty Boards of pqualie ition shall meet in ooDjnao'ioo The county Board wbich is compose i of ootn- mis -tinners, asgetsnr?, etc , met here a month or so ego atid agreed opon a tax valuation wbicb was submitted to Register of Dfeds Rogers. The valuation was used as a basis for the county's taxation and from o millions of figures were made. Yesterday tbe City Bt aid appear ed before tbe Oomtniiwiouera with their increased valuation of city properly, about 162.0.0 Tbeo unty wou'dof Oituraeshare faiany increase made in the city and the Board wanted t' e county to accept the in crease i dm u am neatbiuti ana finally referred the matter totheoity and county attorneys If tbe connty were tr acoepHhe inert ase valuatiou it would necessi tate a grett deal of changing of figures Some of tbe bounty taxes have been paid atd here trouble will arise again. Tbe city can not collect on inoreastd valuation unless the county does 8 veral gentleman hive stated tbat thev will resist pay ment of ths taxea if the increase is made and make a teat ease of it. Such is the e.e and it looks like a muddta will result. TODAY'S MARKETS. Cotton Decline and Close Eight Pointe Off. By Telegraph to the PKBea-Visrroa. Nxw York. Dec. 8 Liverpool opened firm 1 1-9-64 op, but decline I 1-64 towards tbe clone eloeing flnslly 1-64 better tbsn yesterday, quiet and steady. Wood apnt demand ; tales 19.000 bales, of which 11,000 bales American, 1,000 bales for eiport sad speculation ; middling. 4 6fl, bjird- ing. New York opened 3 points up, re- raaiLed eteady for a while, but gradually declined, closing easy 8 points lower tbao y-sterday. Pri.at rabies ssy that tbe demand fr im spin ners is ROoi, and thst Hauebeater I better. U-wever, ther i very little speculative power, and the Uitrket keeps dull. Receipts are 45.000b-l.-s, against 61.000 last year. Tomorrow we aball have t cm pa re with 46,000 last year. Options closed ss frllowe: Do ember, 8.11 to 819 1 JaniMrr, 8.16 to 8 16 j February. 8.SO t.. 8 81 1 Hareb, 8.85 to 8 86 1 April, 8 SO to 8 81 1 May, 8 85 to 8 86 i June, 8 80 to 8 40; July, 8.40 to 8.41 Aoao.t, 8 41 to 8.43. Chicago Grain Market. Chicago, Dec 8 Grain quotations cloeed today as follows: Wheat December. 66 ( May. 60 1-9. Cor May. 98 6-8 A Serlons Rnnaway. Awmt half past three this nltrr noon, at Mr mi wiiiiam as driving in his biu'gy with two mall Children, tbe horse became unn.an agehleand ran away. For twu l.ut - drrd Jaids t own rat ( aherTU street be went straight in the rd. bat just above the gs li' use the buggy struck a bi Wge Mr W il liam was' thrown 'ot, hU led striking in the roks mitbetaWd sidewalk. Tbe twochiltlren fell at consecutivelyt but .neither Was ar-ri- ously irjartd. Mr. Williams was .eartied iuto a near-by bouse where Dr Jamei Mt G, )tH attended bim His head in badly cut, and it is feared be U in , ternally ii inred- . First Nominatlnns by the Preside. , V - -v? : -v i 1 i.-j-: . , By Tele track to tn Preea-VlsUor. b WteaiKOToS. D. C, De. Th President et to lb Senate th a vtul nation of Rafss W. Peekhssa. of New York, as Associate Justice of th 8 pram Court; O'ney, Secretary of f tate, aad Harmon, Attorney tieneraU. .
The Raleigh Times (Raleigh, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Dec. 3, 1895, edition 1
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