Newspapers / New Berne Weekly Journal … / Aug. 7, 1903, edition 1 / Page 1
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Hi volume mi,: JIW iillj CRiYU COUHTY, I. C, FRIDAY, AUGUST 7, I903.-SCOSD SKCTIOM. NDMBIK 37. -1 T r DEVH'S: SHORUGE Estimated at Seventy Thousand Dol i t . "" a w - t .V Metkois rnrsaed by Casnler Deiraj. Aa Estimate From BalelftB. Receiver famed Tester d a j. ? Cashier' Whereabouts . Vakaowi. .. t , Iha Dewey disappearance and the closing of the Ftrmen and Merchant bank In conieqnencet was toe topic of intereet here, yesterday. 1 , . That Mr Dewey Intended to leave was shown by hit closing up-tfceKks Lodge books, ot which he wu tieuarer, and tending the books and check for balance to the lodge room before leaving here.-' s? I f ';.( i. ,; There ws little 'done at the closed bank, President Cutler being there moit of the day, aod belog .visited by many friends, who n pressed their sympathy for him, at the same time expressing every confidence In his personal Integri ty as the head of the bank. . vv 'While the official figures of Cashier Dewey1 shortage can not "be known for some days, those who have seen the ac counts end aro In some position to know, place-the deficit ot Dewey at $70 000, and other accounts at $20,001 to $30,C09 more, making tbo bank's short age In the neighborhood of $100,000. Mr Dewey's bond wu $30,000 which is signed by kinsfolk, who are known to be good for many times the amount. The bank's books upon examination appeared to Bhow correct figures, and in agreement, but upon telegraphing out side banks which were; correspondents, dlscrepenctes began to appear, apparent credits turning out to be debits, there beta change? of $10iM to over $30,000 in different banks, lud aggregate piling up a sum, which put it beyond the hope of some ot the local stockholders, who at first wanted to continue the bank by making good among themselves the first estimated deficit of $30,000. Among some here It was known that Mr DdWey speculated, although It Is said he denied It, when questioned. The shortage in the accounts are by some said to run back several years, although it I thought the last few months were when the heavy losses were made. , The Dewey residence on National Avenue 1 covered by a-uiar(gagr -The following from the Journal's Ral eigh correspondent last night, shows what was thought of Mr- Dewey's con duct. -"Hank people and others bere were shocked by the news of the defalcation and flight of cashier Tom Dewey of New Bern. State Treasurer Lacy , said the shock was one of the worse he had ever had and that he felt as If a dear friend were dead. The Btate bad on deposit In the batik only $573, the deposit being covered by the $5000 bond.- Such bonds are required, of all banks In which the State has dcposl'. It has these tn sixty bank, 'he amounts being small. The State Treasurer said that the amount held by the New Bern bank Is atout an average deposit. Only, one man wu found In Raleigh who expressed no sur prUe at what has happened to Dewey." The necessary : forms were gone through with yesterday , la the matter of having a receiver appointed fur the Farmers and Merchants, and the Cor poration Commission per Judge Brown - appointed Mr Thomas Daniels, receiver fur thebauk. Theio was nolhiug learned u to Mr Dewey V whereabouts last night : the last report hi being seen at Raleigh ' last Hatnr.lay night. : THli LOCAL . SITUATION. ; Bank and Trad Conditions as Affected V.. ' by Farmers and Merchants Bank . . " . Bank Closing. . V ; 4 .. , , " (editorial.) . ' A ci.lm, dispassionate and impartial review of the locit situation, as to the . effect of tbe Closing of the Farmers and Merchants bank of this city, , upon the ' financial and trade Interests of New Bern, reveals a remarkable Unanimity of expresalon and;feellng7 locally, that the bank suspension Is one which practically affects only the stockholders and depos itors of that bank. pi, f i s: -.; The loss to the seockholders Is a se vere one, both on account of the manner in which they -were defrauded, as well u from a pecuniary standpoint. ; - ' The depositors suffer only the tempor ary loss of their money, as It seems well assured every dollar pt deposit will be made good, aleo suffer from the natural disarrangement to their financial affairs, which a bank .failure involves, making necessary the completing of other bank ing arrangements for their business. Yesterday's (Wednesday) business at the National and Citizens Banks showed nothing of excitement, or indication that there bad been a bank suspension : In the city. :; ' . The money taken In over the counter yiwiiiuwsi Jf i'-a. JSiiwlSBn. "" mm'mrm' m r i . i i,.n m wntmHimmmmmmm i i.... ... j.h m.i im mn... m m in.i... ...! ays iniini i i. J fcV tea L":livo Ercr.o f . :" ".idt;-f?zA. ! ti cv-jy ' 1 Seven ITZon loses soil hi fast 13 rise.: ...a. J " - was greatly la xeeai of that paid oat New accounts were made, and whatever loans were sought, were accepted uap on any other day. .' Tenders ot money from ootside banks were received, but there fit no local need of outside funds, - " " - i ; .Both of these banks were, and are, prepared to aot merely pay all accounts, bnt are ready to serve their patrons u they may want, also protect every finan cial and trade Interest of New Bern, u It may be needed. There la nothing notably changed In local trade conditions. - It Is the dull snd quiet month of the year, few goods are moving, little money is needed, add business Is of a general summer quietness. : I t" The bank suspension has been a severe financial losa to those Intimately; asso ciated with the Farmers and Merchants, and the causes leading to the suspension are shocking to all mum of financial In tegrity and Ideu of Individual probity. Bnt there Is nothing to shake orjrend- er In the least unstable, the present ex isting financial and trade conditions of New Bern. '. ..ti-v-' They are solid, being amply protected and safe guarded, controlled by men of unquestioned resource and ability, with credit equal to every possible emergen cy.. ' This Is the local situation as It appears the day after the bank suspension. THE WILMINGTON EXCURSION. Six Hundred People on the Train. All , Have Pleasant lime. f ! t and The excursion to Wilmington Wrtghtsville Beach under the' auspices of the local lodge of the Knights of Har mony yesterday wu a great auecess. j There were six coaches loaded here so- counting for near 400 passengers snd about 200 more were added at stations along the line. No colored persons were allowed to go on this excursion ..3 , ? ; r y M. The train left here at 8.80 am and reached Wilmington shortly before noon. It arrived about one o'clock this morning. ..',,,. ai- TO CURE A COLD IN ONE DAY Take Laxative Bromo Quinine Ta lets. All druggists refund the raineytf It fails to cure. S W Grove's signature Is on each box. 25c. m Ihe New Ber? pycWorks. I - A. new Industrial concern wllf be staited. today In the Bangert building op Middle street. A dyeing and cleaning- establishment under the direction Of nr. Womble. " , Especial attention win be given rvt a to The coloring of ladles dress goods and pieces of fine fabric They guarantee satisfac tory work, '' ' " ' u J Mr Eugene McSorley la their author- Tzed agent. Any work given him wlllre- celve prompt and careful attention. -1 i "An Interesting Boot ;(f I Tho Life of Nathaniel Macon, a his tory of North Carolina and Virginia during the period ot time ' between 1758 and 1887 hu Just been completed.; The author,. William E Dodd, Pb. D, Pro fessor of History in the Randolph-Ma con College, Ashland, Va., la a writer of note upon local historical subjects and is an acknowledged authority. He has made an exhaustive research and gives hli readers the benefit of the name, all of which Is very Interesting. The price of the book la two dollars and will be found a valuable addition to any library. - You are liable to a sudden attack' of Summer sickness and should keep in your bouse a bottle of Dr. SETH AR NOLD'S BALSAM the best known Remedy. Warranted to give satisfaction or money nfunded by T, A. Henry. ' OLIVERS. August 4. Lightning struck Mr Bee- ton Simmons house Friday evening and shattered two rooms and . tore the pll lara from under them. , . Master Jack Barrow is very 111 with typhoid fever, we hope for his speedy re. covery. !. :,s , m'c ' Mtss Sudle Nelson returned to New Bern today accompanied by Mr Ear Pollock. Revival services commence ted here at PIney Grove Sunday and will continue a week or longer. Everybody come for we hope to have success. Mr J T Heath went to Trenton yes terday on business. ' 1 Mr H A Parker and G O Edwards at tended urvlces at Leo's Chapel near Pollooksvllle Snnday. : - MrArthurLongof Person Co. Is spend Ing a while in our midst. Hon. O M flealh went to New, Bern yesterday and came back accompanied by Mr Brinson a, machinest to flx C If Heath's locomotive. : , c v . We are sorry tqssy Mrs J P Harper Is very sick with fever, we hope she will soon recover. y :.- :': ' Mr and Mrs M E Eubanks of White Oak spent Snnday with Mr G A. Bar row and family. " ,. Gny Eyes. SORB ON ASSESSKEITTS. kMllroads Exceptions Over kuled. Prop erty Owners Complain. Demind jfor State Convfcta.' r lULaiQB A.ugust--Yeterdsy the three great systems of railways in this Bute, . namely the Southern, Atlantic Cout line and Seaboard Air Line, filed exceptlena to the. assessment made by the corporation commission. . Today no Uoewaa given that the exceptions are over-ruled. Now, unleu there is a eon test In the courts, or the roads secure an lnlunctlon. the tax will have to be pald. ,.: There Is a continuation otthe howl here on the part of , psoperty owners at the Increase of valuations of real estate and buildings In Raleigh township. It wu admitted that vajuu have in , most cues been too low, but the owners de clare that the asseesora have now cone to the other ' extreme and fixed values much too high. ' -'j- The demands for' Btate convicts on private work wu never so gnat ' as at present It the State had a thousand or more available It conld find taken for m li The Southern railway wants 600, 6 doobt for the work of double- trackinff Its line between Danville and Charlotte via Greensboro. - ' Swansbbro Gleanings. ' " lug, 8.-Mis?Mabel,Foscue of Fowle, wu nere aaiuraay, ,, .,, ,? Miss Mary Oooke, of Franklin county, la Tisltlns- Mrs S A Starllne. of Hu- MrlE Rorers, . went on a pleasure trip. luV:Batnrday to Marines (New River), he carried Mtea Blanche Moore, who has been a visitor , here for some tlme. ,,!j..t?v:3 W-n- rllr Georft-e Summerlln of Mt. Olive, is a visitor here this weok. Mr Bam'LParker, wife and children of your jolty, aret visiting Mra Jenny Davis and other friends and relatives week here- Mr Willie Farnell, of Suffolk, Va., came lut Mondav. bis mother . and two other children, are here already Visit Frank Mills of ' Wilmlnston, la here selllne drummers eoods. only 18 drum men this week so far; 1 11 ' Mr D J Willis 1 who' moved hero from Salter Path with .his family last Jane, have all movetf TJackr again to the old home.- !fl-' a u r Mra MolUe Mattocks, and. Misses Lulu HatabU, Mamie Ftauck, Pearl Wood, and LDolly Mattockti!srent tkrver tn Carteret county, one avenbig lass week", ust on a pleMure trlpon .f the risptha Virginia they all went tip through the 1 woods to Mr John B Weeks' .- 1 Many Weddinge close by, but we oan' exactly find out when, 'Cspt. Blllie says he la going to bring her home soon Miss L H saya aae too, iMlsa says can't tell when; Irnt some time; Miss J says wait and see, Miss A. says soon as can. One younewidow ; over the way mvb she Is to marry onr the 13th Inst, anni. tn Mr J H. We will only say she la a pretty one, and i'looks-rlght sweet; we will give her name like the others, S. ear t ... ft.. -4 ' . A; We are setting rich' no ,'. catching diamond back terrapin, they sell for 80c cash, and the boys nearly one a wees. Schooner Ben Russell, Thomas, Mas ter, cleared yesterday loaded .wlthlum ber, and schooner John Runsell, Gaat muter, will dear tomorrow or. next day for New York loaded, also, both three Mr Jale Mattocks and '.wife Etta, wu among our visitors this W4ki They are . mi . . s-!i irom Duveroaie. JI J H Hargrave from Burgaw, hM moved to our town and ' more coming when the railroad and .hotel gets built here.' ,t " -1 ! ! . Our saw mill stops today that is the old one, the new one will be ready in mo or three weeks we reckon. Capt T Mc Ginn UkM the old one to Little Rlvr 8 O. i Capt. M E Bloodg'jod carries ' the mill and fixtures then.4 Rosa Lee-. .CASTOR I A' .. ' For Infants and 'Children. :; t Tbe Rind Yon Have Always Bought Bears the Signature - ... Teachers, Ninth Township' : The school commlttsmen of the ninth township will meet at Jasper, on Septem ber Ind, Wednesday, to appoint teachers for the township. Five white and five colored are wanted. Applicant pleat e file namea soon as possible-. . , I V.;v j Chairman-,;'! teSVi-i, ... . ." "fceW'V ShabesDCera was readlna thellatts Wa.1. jJf.';'f:ftftj' ..-UP 'fsrf ."Hen's a fellow (retting II aworT heexclalmed. , .... t4 1 .-!( ' - "Too badl" returned John8on.y'J)aBt think of what J'd have, got aq tjnat e. - v t, i ltenrdnea " to havoithe :lastlwor any way, he turned toahia aicaoaory Indira. -i PEOPLE OF THE DAY Vlailmlr oa KUkliel Massacre. In a recent interview with n Horn- burg nspre8entntlvo of a New York newspaper man Duke Vladimir, uncle Of the czar of Russia, discussing tbe FJphlrjeff massocre, aald tho condition ot the Jews in Eussla was nnt bnd, as painted by outsiders, and that thry were not unhappy dwellers In the Caar's dominions. Tho era nil duke further declared that "the Jewish ngl tatlon Is chiefly Instigated by luflucn- CBASU DUKE VLADIMIB. ttal Jows autslile of Itussia, such ns the members of the society in New York which has presentod n petition to the Russian government, nnd especially tho powerful Jews in Berlin." Prominent Jews In this country have replied to the statements of the grand duke, chnrnctorlzliif; what be said ns amusing In some instances nnd cruel In others. The editor of tho Jewish Dally Newsof New York sayB that to charge the Society of the R'nal B'rlth with be ing a fomcuter of discord In Itussia "Is simply piling It on. If Vladimir meant to be Ironical he certainly has nu ex quisite vein. At any rate, it forecasts the character of the reply to the peti tion if nny should be made." One on Chevalier. A story has been told of Mr. Cheva lier, whoso full name, by the bye, is Albert Onesimo lirltanulcus uwatn- yeoyc Louis tJlicvalior. Ho was sing ing In n small town not tar irom Lon don. Tho audience had been very en thusiastic, and the portrnycr of coster life remarked on. the fact to tho man ager afterward, saying that be thought thcy-wero almost too uemoinm-auve. Why?" asked that worthy. , "Well". Mr- Chevalier replied, "they WCre 1UIUCIXUI& ILUJ.i wiuu.v.... sticks on tho floor nil the Hmo I was on the Stngc." "That wasn't applause," came the quiot reply. "You see, the post om,ce Is right above us, and they were Stamping letters for the mall."-Ex-Change. , Americana at O Irfndon DencBt. Tho king and queen and tho Trlnce end Princess of Wales the other even ing attended n concert at Albeit hall, London, for the benefit of the Union Jack club, which is established in memory of the men killed in South Af rica" and China.;" The success of the concert was large ly duo to the efforts of Mrs. Uonalda, and the American contliiRent turned out en.inasso, beaded by the Duchess Of Marlborough, who had a largo party In. a box adjoining that of tho royal family. Among tho other Americans present were Mra. Adair, Mr. and Mrs. P. Mackey, Terry Belmont and Ethel Barrymore, tho . latter selling pro grammes. President Hadley on Vale's DnnBer, In his annual report President Ar thur T. Hadley of Yale university nas 1nst eiven wnrnlnjr of what he consid- ara "n nnw , rlnncpr that menaces the solidity of Yale college life." At Now Haven, as1 if all 'university towns, .a number of the students live outside the college buildings. These students are generally the eons of wealthy men and have unlimited allowances of money for their expenses. President Iladley Bays: "A group of this kind, with quarters more luxurious and arrangements for - PBBSIDEJIT ABTHUB T, EADLX7. mfnrt mora complete than the college can readily afford, becomes a source of evil which .1" rivlhcr jutangiDie ana verv indefinaWo, but uoue the less real on that account. "If we can make tho college life of the ordinary 'man ' who has ! neither i money nor inuuuum ran . i enough to bo the really important thing monev tibf influence bchiua mm Dig a 3 In the Institution we enn dlsrcgnrd dis- H ense spots whloh otuer,wtse might be fl dangerous,; '.because we way be sure that the general strength of the place will be Builielent to eliminate tue aan- ger and react against the em." VIM ye.& Too Have Htm Bought WASHINGTON LETTER (dpflHal Corrcapondenc.) Tho nationfll cnpltnl has thirty-one nubile nmVfcmlliubllc libraries, the smallest of Jfleh would be considered a first class, not to soy magnificent, wlc collection Jin the general run of cities. The library of qjngress, which, as everybody, knows, la the largest 'li brary on the western hernispherc con tains npard of a million volumes and furnishes a palace lu which to peruse tlieni delightfully cool In Bummer, well warmed In winter, well lighted. With Ice water nnd other conveniences furnished entirely free of cost by liberal Uncle Samuel. The student may have his choice of table, desk or alcove, placed there for his use, and Uncle Sam also employs people to bring and to tako ewaj whatever books the reader desires, and, meantime, maintains si lence, so that nobody may be disturbed In his studies. Paper, pens and Ink are furnished freely." ' - " Then there Is the new Carnegie li brary, another, though loss sumptuous, palace of white marble, where the seek er after knowledge may not only study as long as he likes, but may take out books and keep them, too, until he has absorbed their contents. Among tbe others are the Carrol Institute library, which contains about 5,000 volumes; the Peabody, 10,000; the Masonic 11 brary, 8,000 In short, a grand total of more than 5,000,000 volumes to which the Washington public has free access. Parliamentary Excursionists. District Commissioner Macfarland has received a noto from r)r. H. S. Lunn, chairman of the New Reform club of London, who has been In New York making preliminary arrangements for tho arrival of tho parliamentary excursionists in this country. Dr. Lunn stntod to the commissioners that the party would probably be In Washing ton between Oct. 3 and 5. It is expect ed that the president will be homo at that time and will give a reception In honor of the visitors. The commission ers will do all in their power to make the stay of tho members of the house of lords and the house of commons a pleasant one. The parliamentary excursion has been arranged by Lord Lyvcdon, being planned primarily to give the English legislators a tour through Canada. The excursionists will Journey across that country and back again before extend ing their visit into the United States, Increase In Diamond Imports, A remarkable import record Is shown by the bureau of statistics recently is sued statement, which places tho im ports of diamonds and other precious stones for tho last fiscal year at $30,- 000,000. This exceeds by 50 per cent the importation of diamonds In 1001 and Is more than six times the overage during the period from 1800 to 1807. Tho large Imports or precious stones indicate the development of n compara tively new -industry In the country that of cutting diamonds. The value of uncut diamonds imported In eleven months ending with May has grown from $2,500,000 in 1808 to $10,000,000 in 1003. The census statistics of "lap idary work" show that the total value of production of lapidary work in 1900 was over $5,500,000 against less than $500,000 In 1800. Wanted Some Biff Words. Secretary Shaw, pleased at a service rendered by a colored man, offered him some money. The man refused it, say ing that It had been a pleasure and on honor to be asked to do something for such "an eminent celebrity," and then added, "But If you will give mo a few bin words In payment I shall be mighty grateful." "Certainly," replied the secretary, "but what do you want bin words for?" "Mr. Secretary." re- nlled tho darky, with vast dignity, -i am one of the most principal speakers at mv debatina club, and we have hot times over politics nnd religion, and I Wants those big words to use when some calamitous occasion predomi nates." Will Protect American Shipping, The navy department, at the Instance of tho state department, has taKen steps to prevent further interference with American shipping In the Ori noco by either government or rebel forces. This action was taken upon the advice of Mr. Russell, United States charge at Caracas, to the effect thnt the srovernment forces had de tained two ships belonging to the Orl noco Steam Navigation company at San Fernando and the Insurgents had detained and were likely to destroy three other ships belonging to tho same comnany at uiuaau tsouvar. uiutra were cabled to the unnea otates eteamshin Bancroft at Fort of Spain to proceed at once up the Orinoco ana release the detained vessels. An Artistic "Pick Up." On the walls of the antechamber of the office of the secretary of war hangs a eallerv of portraits of his predeces sors, resembling in variety of subject and execution the group of ancestors sold to the Jews by "Charles Surface" In the piny. When Mr. Root's portrait is added to the collection he need not waste time and money in sittings, as he can put under one of the present portraits the legend, "EUhu Root, ditto to Mr. Poinsett," and every one who knows Mr. Root at all will recognize tho hit as happy. The resemblance of feature is extraordinary. James R. rolnsett of South Carolina was secre tary of war from 1831JO 1841. Lafayette's Great-Grandson The Viscount de Chambron, great rrandson of Lafayette, may be seen any day In the lobby of one or our rasnion' able hotels. The young Frencn oipio- mat is possessed of very democratic UlUUliwl O UUU US SWHUU W buuhv DODUlnr with all daBses. Herla.dark coniDlexioDed and of alight physique, but looks a good deai more juko, Yankee than a Frenchman, . He speaks ' the Encllsh languageiwlthoufa trace 'of accent ' ' oaeitbchoieIiD, r OAO'DOniA. fcahth 1IH Kind Tou Haw Hmn Harvey s Smalt Sugar Cured hams JUST RECEIVED. Nice Cre m Cheese, c Fancy Fresh Elgin and Fox River Print liutter just from tbe dairy. ' Mason's Improved Fruit Jars and Jar Lubbers. lleinz'd Sweet Mixed and Plain Cucumber Pickles. Heinz's Pure Apple Vinegar.. ' , Complete Stock of the Beat Groceries that money will buy. ' - I respectfully solicit a Bhare of yonr trade and guarantee gatifaction and prices. - Yours to please, a. 'Phone 01. Hack ft mm "EVERY POUND OF HIS I Perfect Blend Coffee at AND HIS TEA (is to be unexcelled for J will gladly refund the money if any $ customer is not satisfied. $ i Sr a i ft eduction- throughout the stock. Before wemove to Out New Store 59 Tollock Street, all ' Milliner Sam mer Dress Goods, Oxf ord Ties, Etc, 4 cI$educed to close out at once. , I BARFOOT BROS. J ooccoonononQnononooccccccn o . o limnri Ai'iau q a wiutj i iiiuj Q JL lU it JVCCU JTX Q wvi if a O P - All sizes, and Prices are O , Good appearance goes a O -a- I Q tflTTER IND PHONB 167. cccccaoDonococococoscccccj occccaonococococczoccccc r ) T. J. Turner o U . The only Exclusive Wholesale Dealers and Jobbers of O Furniture, Mattresses, Cooking and Ileating Stoves, Bed Springs and Feathers in New O All goods shipped direct from factory in solid cars. 13 All Mail Orders receive prompt attention. i ,! O Omce and -Salesroom : Eact Zido el 5 Market Dock, in Dr. Ilushca Iron C! a Building, No. 7, Open 7 a. m.', Phone 3 : OIUco lot 71 Brtiad Mt bur lit us Y l i AT the money, and he O ft mv n in tt t ..... - o thiQ I nnth 7 o aiiiu Btawaatia a c q JVilC UUl jaC0 v q i! rmrmi. ' :U O Right, too. Look them over. ' J long way you know. ; v O t , -KTmnvT 1 O HABEBDASUEB, v ' ( ) 97 Middle Street. ( ) Furniture Co. Bern. ITEW BErJT, IT. C. 10c h lb. Clc:3 7 p. !r. 17., V I ) ( ). ( ) t 4 ( ) I - - ill t
New Berne Weekly Journal (New Bern, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Aug. 7, 1903, edition 1
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