Newspapers / New Berne Weekly Journal … / Dec. 19, 1911, edition 1 / Page 1
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V "7 ffrfifnirirW' t 1 -1 State No 74 ' NEW BERN, CRAVEN COUNTY. N. C; TUESDAY DECEMBER, 19. 1911-FIRST SECTION 34th. YEAR I I 1 I I 1 t ; V .X 1 II- JT I til 111 - i I . . I.P KES HAVE RAIL- GOOD liQAD ADVANTAGES : la Ownership of 0. and S. Thus i ' . Forcing Big Freight - Benefits. J . . ' ;. " : ' -. i . ' v .. ., Washington, Dee. 14M)n the ground . that the Durham nd Southern railroad owned by B. N. and J. . B. Duke of the 4 American Tobacco ,.Compn, receives for a 20-mile haulj 40 pa cent ;of the , Seaboard Air Line's division on through . freight business, the latter railroad will be eited before the interstate commerce commission to show cause why its rates .into and out of Durham. N. C., should not be reduced. The" Norfolk & West ern railroad will a'so be cited to show cause: why its rates on coat into Durham should be lowered. 'The. Norfolk & Weatern, it is charged, allows 62 cents a ton to the Durham. & South Carolina railroad, a lumber road, for a haul of one mile, while it receives only 77 cents ton for a haul of 116 miles' f , The Interstate commerce commission, through Commissioner ! Lane, charges that the Seaboard Air tine "bought" the freight business of the American Tobacco Company by allowing its traf- fle to be taken away from it- at one point by a road underv a management allied with ths tobacco c sneer d. , "f ' Commissioner" Lane saysi V "If there is one dollar over and above the actual cost of transportation in the 40 per cent division which the Durham & Southern gets, it goes into the pock- s of the 1 ukes. It is not a rebate given to the American Tobacco Com- . pany, but confess' dly is an advantage growing . out of (he re'ation between the Dukes ard the tobacco intercuts, for, if the Dukea did r.ot have the freight to route, the liaftice manager of . the Seaboard says that no surh arrange ment would have been made." - ' PAPER BOXES. . 1 One Industry Alone Usee 4,000 Differ- . , ent Site and 8hapee. ' A thousand machines of many types and sizes and designed for ninny pur poses are used today, la the manufac ture4of paper boaes. This assortment of machines Is absolutely necessary, for the number of styles of cardboard boxes used for packing all sorts, of articles Is without limit . ' According to the Edison Monthly, one Industry alune, the making of pens, pencils and erasers, requires boxes of 4,000 different sizes and shapes. . Paper box making, one of the new but important Industries of this coun try, has made its greatest progress during th last half century and par Ocularly within the last twenty years, after modern machinery bad been In troduced. The business bos assumed wonderful proportions In New York city, where the capital Invested ex cetdB $5,000,000. , ' One hundred years ago there was no such thing as a paper box. The con tainer of those days' consisted of noth ing more than a heavy sheet Of paper wrapped around the article to De car rled. In time some progressive person conceived the Idea of cutting part way tb'-ough the paper In order to make it fold more readily.' With this four sid ed wrapper It became the custom, to tuck the loose ends in to prevent the contents, slipping onf. From this was evolved the Idea of coring the paper so both the side and ends fold! up and then gluing the ends together. That v-ns the way the firxt puper boxes were iimde, and It Iwaa years before any marked Improve ment was made. In those days a knife, a pair of shears, a kettle of paste and a stralulitedge. with a nupply of box board -were sutllt'ient equipment to tart a man In business. Her Alibi. Morn t lhf curious little girl's dls- rust ber elder sWer and her girl friend had iiekly clotted the door of the back parlor before sue,, .could wedue her small self In among them. She waited uneasily for a little whiles ' then she knocked. No response. '-8b knocked ncnln. Still no attention. Ber 'curiosity could be controlled no longer "DodoP' she called In staccato tones as she knocked once again. '"Tain t me! It's mauimnP'-l.lpplncott'a, Pilot and Engineer. V . ' Care, the utmost rare. Is taken on the ITudson tiver and Long Island sound . night boats with their brilliant display of searchlights never to let a ray be thrown upon a locomotive engineer at his lever or the pilot of another craft at hU post On rail and wuter engl seer and pilot niuxt be kept In durk ness, as one flnsb of a brllllaut eleo trie senrrhlliiht would blind tbeui teiu porarlly nnd tliey might go unheedinglj by a danger signal. New York rrese. ' London's" Muffin -Man. The nuilUn nuin had no monopoly o' the stret bell when William IV. w Ling, ns Julin Asliton record! In t niK.t. h of tlmt time. The'dutnmn s! runs a hell ami yelled, nnd the poxt uinn's hell svm n, mosi pipnhir InKltu tin n. There were uu 1 Mli! r boxes It. iImjk. mill I he sound of the bel. In.iu-lit people who ll'.'.'l f.'ir from ire to their or-, to give id on itiolr Idler to irt. In 'Thl; ' li'.'Mr. we Imve evldi'il' e t'lil P .Ml I v 1. k lion tin- i:iii!iiit iiimii w.is Mil.' ,n....i.ii li .' n.1 I..-II rliirern. For lif- f... .v II - l.-r of ! !;i!)-.l!l pi' I- '..HI'l ROaDS DEnojisiniiioii Atlantio Coast . Line Good Boads - Experts Here. Gave Lecture "! At Athens Theatre. : Yesterday morning at 9:80 o'clock at the Athena Theatre Mr. L. E. Boykin. one of . the good roads experts who is travelling with the Atlantic Coast Lin good roads train, entertained a number of representative citizens of New Bern by a lecture on good roads. v i SA ; ? : Immediately after the lecture, a nam ber of stereoptican views were thrown upon the canvas of roads in every sec tion of the, United States, before and after improving, each pictura telling a story of the way in which the respec tive communities were benefitted. The speaker at the asms time tpld a short but interesting story of each picture. ' In reference to the building of good roads in this section the speaker stated that they, could be built and kept in good order at Jess .expense than in any other section of the state. He stated further that it was not necessary to build macadam roads that sand clay roads would give the sane service and that it Would be matter of going only a few steps irom the roads to secure the -material. After they were built, he said, all that wou'd be necessary would be to keep them in or der with the split log drag, and that the cost of the op keep would be only a trifle. Mr Boykin's leture was of a very practical character, Ha stated that the government and railroad company were co-operating, at large expense, in seeding out the good roads special in order to foster the good roads senti ment throughout this section of the onion, and further, to assist counties and towns by giving them some import ant advice and information at the very' outset of their road-improvemeut cam paign,. Errots, he said, have done much damage to the cause. Counties, have voted large sums of money, and lack of sufficient information has caused them to spend their money jn ways that have hot produced desired results. This has killed good road sentiment He em phasized the fact' that roads must be taken care of as well as built. After the jtereoptican views had neen shown and explained the . entire assembly was invited to the demonstra tion care, and almost every man in the house went where the various models were shown, all of them being operated by electricity generated by a gasoline engine in the baggage car. Owing to the Tact that the views were shown in the theatre the sterop- tiean car was not used and the crowd next; assembled, at the demonstrating car, where the" various mode's, of mac hinery and roads were explained fully. ' To see tbesa tiny machines running doing the same work that the larger ones do, only on a smaller scale, was exceedingly Interesting and the vint to this one car ws well worth convng milrstisee. - The special train and party which in- eluded Mr. L. E. Boykin, expert road man with the government department of pub ic roads, Mr. M. E. Warrell. road engineer with the government. Mr, E. N. Chew, mechanical engineer, Mr. H. E. Bruffey train roaster , for Coast Lin?, Mr. E. N. Clark at the head of the Industrial and Immigration department of. the Coast' Line left shortly after 12 o'clock for Washington " A fUal Difficulty. , "A funny Incident occurred on a derma n railway trnlu whereon 1 was a nasseneer." says an American who spends a bit of his time abroad. .'A certain stolid Teuton had been assigned to a seat In the coach that obliged him to ride backward through the Black forest. At the first stopping place he asked the postmaster, pureu ant to German regulations, to give him another seat, saying It made bint 111 to tide backward. . ' " "'Abk the man opposite to change with you,' said the postmaster gruffly. ''But there is nobody opposite me,' protested the German, 'so I cannot aak him,' "Harper's Magazine. ' To B a FUal Actor. 1 Sinking one's Identity In cbsracter parts on the stage Is but an insignia cant branch of acting. The displaying of a personality beneath tbe makeup, the incarnation of a written character lu flesh and blood, by a sneer act of genius on the part of the actor in Ail ing a part with his own personality tenipored to the limitations of his role the creation. In short of a living, visible and Intelligible being, Is the grand goal of the actor's art How well Richard Mansfield knew that art! In bis performances you saw an Impenetrable makeup; but though Mansfield was hidden, behind the d': -ffiilse were the brains of the greatest drnmntle genius of our gen eral!. m, fashioning steadily and su j : ! 'y a choracter as ho coueelved It o t cf the innieriMs placed at his com i 1 ly the playwright llonry Kol- k. r In .!!..!!!,! Mai: left nine m SAGE OH WALL . .. V.' . . " I,. "'-- ) Sam Miller and Companions Found. Further Hope of Bcscue Abandoned. '. i Bricevilte, Tenn,, Dec. 15'b. Brice ville has surrendered, entirely to de spair for Samuel Miller and hia four helpers, mho had left messages n.ilie walls of the Cross Mountain mine pas sages as they fled from the dread black damp, have been found dead. ' As Mil ler, who knew the mine better than any other mub, succumbed, ' it ' is how held impossible" that any one' escaped. Even the government rescuers are very doubtfnl whether any more' living men will be found. Five fires are raging in the mine. ' ''WV, : Since last Saturday Miller add his party had been groping jtheirfwayi seeking fresh air . and running away from the fatal after -damp. The story of their wanderings in part is written on the walls of the mine in 'Sam's' own handwriting. Miller and his, . four men made a compact to stick together, go ing on and on in search of Open air un til their strength was gone. Then 'Sam' wrote on the wall "Well, boys, guess the jig's up," When a rescuer stumb led over a body his lantern showed 4 more bodies lying beside it. He recog nized 'Sarart Miller, and next to him lay hia boy, Emmett. Their clothes were searched forfarewell notes, ' but none were found. It is now believed the total death list will not greatly exceed 100.- Including the bodies recovered the. total known dead is 61 and at. least 40 more are be lieved to be inside. Notice Watch This. A brand span splendid new 8 room house, toilet and bath, modern and up to-date and an automobile house, all to rent or lease, at No. 22 New street, See Big Hill, the man who sella Shing les for less, and the only Shingle man. BIG BILL, 44 Bales on 11 Acres. This is a "frak" year in cotton growing in this section, for cotton just grows without the usual having to pile on fertilizers. Two instances are here told. On two acres in Craven county that aa hot good cotton land and not fertilized with guano; a bale, and half cotton was grown, - In Pamlico county on 18 acrs 43 bales have been-picked, and the owner expects to pick out an other bale. Ladies, better put a new coat of paint on that room where ' Santa - Claus visits J. S. Basnight Hdw. Co. , REPORT OF THE CONDITION , OF THE . ' ' " BANK OP D0TER it Dover, In the State of Koi-tb. Caro Una, at the Close of Business, Dec. 5th, 1911. . RESOURCES Loans and discounts ' 9 19,247 24 Overdrafts, secure, and un secured , ' 803 75 Banking house Furniture and fixtures , . 2,022 96 Demand loans . ;. 600 00 Due from banks and bank- era 6,008 32 Cash Items - , - 700 00 Gold coin ' ' 45 00 Sliver coin. Including all ml-' . nor coin currency 193-18 National bank notes and oth , er TJ. S. notes - - , 1,822 00 Total - $29,842 15 LIABILITIES. Capital stock .. .. .. .. .$5,000.00 Undivided profits, less "cur rent expenses and taxes "paid , Bills payable ' Time Certificates of Deposit 2,405 39 2,500 0(1 4,665 0!) 15,272 36 Deposits subject to check . Total ' $29,842 75 STATE OF NORTH CAROLINA 33; CRAVEN COUNTY. , . ' v I. W. H. Caton. Cashier of the a- Are bovs-named bank, da solemnly swear 'nervous and depressed, go and get a 60 that the above statement is true to(centboxof MI-O-NA stomach tablets the best of my knowledge and be - Uet." ; -;;' 15 , W. H. CATON v . Cashier. Correct-rAttest : ' Q, V, RICHARDSON, J. K. EIDDLF., R. A. RICHARllHON, ' Directors. Snlxcribfcd and sworn to before me U.ls lZ.h day of IVe. 1011. v, a. v.'!I.:m r. DEATII filEUT El Dr. Ft J. HAywood. Women of Confederacy ' Monument ' -.t i ; i . j Site, y ' .. i, Rafeigh, Dec! Dr, Fabius Haywood, for many years the leading physician in Raliegh; a gallanVfoung officer in the Confederate arsiiy; a good citizen and brave spirit and a ;. lover of -hie fellow men, ; died yesterday at bis home on Wilmington street as the result, of an attack of apoplexy. He was returning hhme from the pastofflce, where he had been receiving his mail for years, and reached the capitol square when the attack ia supposed t'o have come Dr, Haywood sank on a bench and was found by his cousin, Mise Lucy Hay wood He was, 71 . years old, having been born in Raleigh, October 1, 1840.' The State Board of Public Buildings and grounds baa- selected the Bite for the $12,000 . monument .iHon, Ashley Home, of Clayton, will erect to the memory of the North Carolina women of the Confederacy. ' The location is in Capitol Square, -halfway between the Fayetteeille entrance and the Morgan and Salisbury Street corner. "The , Sunnyslde," a periodical in New York has the following; "J. W. Brown of H. J.-roWn & Sons. Raleigh haaqeen' succeseful .in growing Hack cotton. This novelty will receive the attention of the government at Wash ington.,'. : 'iiv; ,;, I iy, -J The queation of the title to about 16,- 000 acres of land in several sections Of Western Carolina is involved in appeals argued before the Supreme Court in a combination of . Fowler va, Union De velopment Company and county of Clay and Richarda vs. ' Ritter Lumber Com pany . and Macon county against the same defendants.: It is the old Chero kee reservation that is involved, or rather a multiplication of land grants involving portions of these lands fol lowing their opening to settlement esrly in the nineteenth century., The main question at issue is whether it is nects- faary for the signature of the Secreti ry of Stateat the time the grant. was se cured to appear on the giants giving title. In some of the grants involved the grant is Bigned by the chief clerk for the Secretary of State and in others there is only the indorsement of the document on the back by the Secretary of State. x , The Goldsboro, Seven Springs and Swansboro Railroad Comoany. with Go'dsboro as the principal office, grant ed charter by the State with $1,000,000 capital, for the construction of a rail road from Goldsboro through sections of Wayne, Lenoir, Jones and Onslow counties to Swansboro in Onslow coun ty. The incorporators sre Frank Thompson, Jacksonville: T. A. Prit chard, Swansboro. J. D. Langston, W. A. Robertson, M. H. Allen and R. P. Young of Colds boro. Charters for the Healing Springs Company, Lexington, capital $15,000, byW. A. Burgin, Z. I. Walser. W. H, Phillips and others for the development of the Healing Springs property near Lexington; and the Hol land Realty and Insurance Company, Gastonia, capital $100,000, by J. W. Holland, P. W. Garland and others. Just received a beautiful line of mens and ladies Neck wear, Silk Hose and Hand kerchiefs in " Xmas boxes. J. J Baxter. - Marriage Announcement. - .-4.' The following invitation has been seat'ou' ; Mrs. Narcissa El'sabeth Davis requests ths honor of your p esence at the . marriage of. her daughter. Maude Donglev :,: to ': : "' ; ;' ; ; ;" Dr. .Lorenzo Lee Dameron, Jri on Thursday afternoon, December tbe twenty-eighthiiineteen hundred - , and eleven at three of th clock First Baptist Church . Beaufort, N. C. STOMACH TONIC Puts the Stomach in Splendid Shape and SuppliesVim, Vlg or and Vitality to the Whole Body. If you feel all run down, out of sorts, today. Take every one of them according to directions and when they are gone yon will feel like a different person. MI-O-NA stomach taMets will reno vate your disordered stomach and bow el they till put life into your inactive liver, They will banin'i rervounnpsa, brain (as, dizz'mcKS, hi- i,n, oiihtsweats, and slerjili s.inena, ?"I O NA will stnp sour riiiin, f 1 1 . i I'.uin in f.ve r.mut"s. If. Gil Pll S I! 30 YEARS WITH- ? OUT INCREASE , ' i Of Pay Among English Post Office 'Employees General Strike v ; . Threatened. London, Dec. 16. England is now ex cited over the threat of a general strike of poet office employes throughout Great Britain, which would tie up the Christ mas mails. The irreat postal unions, with a combined membership of nearly 90,000, which have hitherto been unable to agree on concerted action., are now presenting a solid front, demanding im mediate improvement of wages and hours. Postmaster General , Herbert Samuel told the men that he would take up the question in 1913, but the men refused. They claim that this would result in no action before 1915 and by that time there may be a change of government. Premier Asquith refused to receive a deputation of postomce em ployes, and the men Insist that unless tbe government relents speedily they will walk out. V A complete tie-up of mails and telegrams would result. In an interview Secretary W. B. Chee man, of the sorters, at London, said: "The cost of living increases every day, but the post office employes are receiving the same salaries that they did thirty years ago. Then there has been a tremendou 'speeding up' in the department and the work haa increased so that the men are unable to keep up the pace, f We have hundreds of cases of nervous brokendown every year. In one large office where 500 men are em ployed, 60 were incapacitated within 12 months. The number will increase, too, for the tension is becoming Intolera ble." .: ;.;..,;' Xmas Gifts. I have never had such a beautiful as sortment of useful articles . to select from. Visit our stores and look over the different articles and 1 am sure you Will be convinced. 8. MILLER,. 4 J The Furniture Man. . HAVELOCK ITEMS. Dec. 15. We are having; some rainy weather now. . . Xmas is almost here. Guess every body is expecting a "jolly" time, ; Mr. John Morton passed through our town enroute for New Bern yesterday. , We are glad to see our Sunday School improving; . v. ' Misses Sallie Russell and Maud Wood have gone to visit friends and relatives at Riverdale. - .- Mr. W. P. Strlck'and delivered an interesting address at the Methodist Sunday School Sundsy. , ; Mr. D. L Taylor and Miss Maud Wood were welcome visitors at this plsce Friday evening last Mr. R. L Broadus and Mr. W. L. Falwell were welcome visitors at tbis place Sunday. . Mr. W. Y. Wynne and Mr. Clyde Godwin were welcome visitors at Cherry Point Thursday. Mr. Lee Weeks, of Cedar Point was a guest of his cousin Saturday and Sun day, The school children of this place are busy practicing for an entertainment X nas. Beat wishes to the New Bern Jour nal.' "A FOND LOVER." WeexDect to ftiak; our store a lively place for1. the next week if good things and low prices will make it so. J.J. Baxter.; The January Wide World Mogazlne. An interesting and. inspiring article appears lo the January Wide world Magatine entitled "The Guardian of the Light" This Is a description of Mad ame Matelot'a heroism on the night of April 18th, last when her husband, the Keeper of the Kerdoola Lighthouse, at Belle-He-en-Mer, lay dead and she and htr children spent the whole of the nlsbt turning the tnarhlnery which keeps the Kerdoni light In movement. Other articlee include an exciting one on "Sharking" by D. W. O. Fagan; "Tho Ascent of Iztacclhuatl," "The Rain Gods of Msndi;" "Among the Chines Shans;" "A Journalist in Alaska" and "Our Hunting Trip in Chubut" The number is laviBhly illus trated with photographs' taken in all parts of the world. You should visit cur store before buying your Xmas rrcrcr.ts, we are thowin l:a:vl: : li cf ood thirds. J. J. T l:r. AST WEEK Id COTTON Prices Recover From Huge Crop Estimates. European Spin- ners Large Buyers. New York, Dec. 16. Cotton during the past week has vacillated a good deal, now advancing and now declining. Late'y it has ' shown more strength portly owing to the rising of December premium :dVer January. It has recov ered in a measure on tbe great esti mate on Monday last, of 14.885,000 bales, exclusive of linters and repack ings, which are estimated by some, as fully 500,000 bales more so that the es timate looks like' 15,400,000 bales. The continent has continued to buy freely in Liverpool and to extent here, and its purchases still include " October 1912, something which appears to many sug gestive. It is asked whether the bur den of future crops may not be'at least partially relieved in some such way. It is known that European spinners, thankful for present prices, have in some cases bought Ameicao cotton for delivery not merely a year ahead, but for four or five years ahead, on tbe idea that cottdh is cheap and that it would be very well to make hay while the sun shines for. the acraeago may be sharply curtailed next Spring, and prices a yar from now may be very moch higher. October bas been 14 points over July, strange as that may sound to those who recall that in recent years July has been 200 points over October. Even radical bears have deemed it prudent to cover and look on for a while. ; . . Ths Waldorf-Astor bear clique bas re ceived a sharp reminder that the price can advance as well as decline. , They have covered freely. The spinners ta kings are making a more cheerful show ing; exports are large and supplies have not been increased of late at the rate they were a year, ago. Much of the time the Liverpool spot sales have been large. Export trade in cotton goods ?ith South America and Manila has im proved. -Not a few are beginning lo uy futures on the idea that the chanc - i are better on" the bull eide than on t te bear side. Yet many hold aloof, chilled by the big crop and some re ports that ginning in certain import- t it states already exceeds the govern- nt crop estimates for those states, .( by the unsatisfactory condition of t cotton goods industry taken as a hole. ' . , .' - V , '. " ' The South, too, is steady and at times eavy seller of hedge cotton. . But I .member has favored the bulla.' Its I "miums over January, which wai re itly 24 points, has within ' 48 hours jumped to 45 points at the New York ices are so low that little cotton Is c a!ng this way, and the stock here ia t.uch smaller than it was a year ago. WILLIAMS' KIDNEY PILLS: Have you neglected your ;KidnejsT Uiive you overworked your nervous ays tern and caused trouble with your kid' ceysand bladder? Have you pains in loins, side. back, erolna and 'bladder! Have you a flabby ' appearance of the face, especially under the eyesT Too fre q uint a desire to pass urine! If so, Wil liams Kidney Pills- will curs) you-at Druggist, Price 50c Williama' M'f'g Co., Props., Cleveland, O. The California State Assembly passed a bill for a Presidential preference pri mary; , . '. Our Heaters will put that chilly feeling to route. J. S Basnight Hdw. Xo. Checks Violations Laws,' Judge of Commerce Clements Asscrtv New York, Dec. 18-More than 800 members and guests of the New York Southern Society listened to speeches delivered at their annual banquet by Champ Clark, Speaker of the House of Representative; Oscar W. Underwood, chairman of the Ways and Means Com mittee of the House, and Judson C. Clements, chairman of the I C. C. Judge Clements urged publicity as an effective means foi , regulating viola tions of the interstate commerce law. Mr. Underword spone on the tuilT sid reiterated many of bis well known arguments condemning the Repuhliean t leory of tariff making. Speaker Clatk coi.nun.1 his r-m 1 4 PUBLiCITY A puin t.. the progress of t'.a fmiih. Seated at the gue-t t 1 ' ? e ' ; (ren'ul.jnts of umi.i' f r i : $ Hte soeiet.ies of il V . , !. ( . ' ( nnr V.'i! i i I'....' t . . I in, ' l i y i I ! NICHING ID PLENTY YEARS As Presented by King Cotton In 1910 And 1911. Latham's Summary of, Situation Greensboro, N. C, Dec- 15th. Poor old "King CottonI" What a sorry spec tacle he presents as compared to a year ago or two years ago. A year- ago the ' world waa very seriously considering, from aa economic standpoint, the cot ton shortage; today they are .consider ing thesurplu9. : VThe two pictures should be named Pinching and Plenty. One represents 12,000,000 crop with prices a little un der 16 cents and the other a crop of 16, 000,000 (growth) and prices under 9 cents. One represents a frame of mind that said "too much cotton cannot be produced and 15 cents has come to staw.'' The other says: "The South has just shown the world what it can do and what it will continue to do." Such extremes as the past two years sooner or later was bound to beget the present unfortunate situation. Some so-called farmers here in the South planted their lands, their front yards, back yards and possibly grave yards in cotton end contracted with their supply merchants to furnish them Western hay at $35 per ton to aid this operation. Any country cotton buyer could have Sold them it . araa foolish, ; Strange to say many intelligent ;, merchants and bankers in the South aided and abetted this suicidal policy. The result is known ' tha grief ia great, the sorrow a com mon one not only to the South, but ' -to the nation. Think of our trade bal- -' ances with foreign nations! Exports of 9,000,000 bales will not put as much in the bank as 6,000,000 last year. There is little ' Value now in-rehashing the things that have and do militate against cotton, . They are many but the great est of these are the surplus bales. The ... world ia rather dazd and unsertain aa what to do with such a crop as is now generally admitted. I once knew an important lawsuit to be won by the de fendant admitting practically "every thing that was alleged. So, let us ad mit a 16,000,000 growth and everything V" else that the preachers of gloom wish to picture, and look forward. let The growth ia 16, 000., 090. 2nd. The consumption is presumably 13 to 13J million. , 8d, The visible supply on September 1st, waa less than a months' supply for the mills and the surplusage from this crop will give the mills of the world somewhere between 3 and 4 months' supply to add to their (small) mill re serves of September 1st . - 4th. Cotton is the most imperishable article of merchandise iu the world when properly stored. . . 6th. Considering land values, the cost of mules, the high prices of food for man and beast and the price of labor - cotton id selling very close to the cost of production. ' 6th. A return to sanity and the pro duction of home supplies is likely to cause a very drastic reduction in acre age. . '; S 7tb. The use of fertilizer will be greatly diminished. 8th The enthusiasm of 15 cents will give place to the realization of 9 cents. 9th. Nature may be less willing. 10th. A shortage in the crop of for eign countries is said to now exist equal to a million bales. ; i llth. The use of cotton at these low prices is bound to expand. . . 12th. HUtnry shows that cotton al ways goes dewn after big advances and that it always goes up after big de clines, ' 13th There has been no time in over a dozen years when cotton bought at these prices, and faithfully held failed to pay the investor profit. 14th. No matter what the remit of the rebellion in China sooner or later, it means Western methods and a big demand for cotton and cotton goods. 15th. This may not be the exact mo ment to invest in cotton for the best re suits but an investment properly mar gined with patience and money, in my opinion, will be a veiy satiHfuetory in the end, , There is pressure of spot cotton now because obligations munt be met be fore January, and mills are unwilling buyers because they do not wiah to make new financial arruiigemenls he fore that dute. I see s'grm of a lur-o trade demand after January. J. 15. LATHAM. Pictures Grea As-crt: You can buy at your pictures are not selling many jeoj la have !h Subjects frame. 1. Ai ; ture .. 1 1 co i, v. .1! i to I rove t i j' .1 if J ' ,1. own fast I ' 1 K HI If 1 I !' I i IV 7.. x V) i- U Et r. j. . C
New Berne Weekly Journal (New Bern, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Dec. 19, 1911, edition 1
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