Newspapers / The Commonwealth (Scotland Neck, … / Jan. 21, 1909, edition 1 / Page 2
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THE COMMONWEALTH. Published Every Thursday F.V II E. Hilltap.d, '- - - - Editor. .3KKY W. Dunn, - . . entered at the postoffice at Scotland eek, N. C, as Second-Class J fatter. Thursday January -21, 100S. Publisher's Announcement. - i iK sMtled noint in newspaper ethics that a -'W3 "i co:fesp.v.iu..is, a.m m.c imui. : authorizing upon just terms ana un- c id... :t'cation does iKt mean that tlie editor or j " 1 ( .n: i,er endorses the communication. The ; ,jer pr0per regulations private OWn i -.mmonwealiii adheres to these general pnci- j , , , , j ;s. j ers of swamp lands to- enter upon THE ASSISTANT EDITOR. BANK DEPOSITS. With this issue Mr. Ashby 1 . . . , , . ,. , .. n , Al . . The last platform upon which the Y. Dunn becomes the Assist- j incoming NationaI administration ant editor of The Common- ; wag elected declares for postal sav-v.-kalth. He is a bright young j ingg banks an(j jt js not unreason junii of splendid ability, of good j aie to presume that before that ad t" lining, a graduate of Wake j ministration ends Congress will obey Forest College and well prepar-the pledge of the Republican party el for the work upon which he i and establish postal savings bank3. n.m- liters with this paper. ! The National Democratic party is lie is the second son of the ! likewise conditionally pledged to pos Uto W. A. Dunn of this place, : tal banks- Under present conditions cvA we take pleasure in intro- j certaj" rfsf y y. be . . , 1 , , ! predicted f rorru the postal savings mu-mg him to our readers and j Vagfc anms of money jatrons. All courtesies shown iu small individual accounts, much r im and business transacted i cf it now in the pocketg of the peo- A ith him as assistant editor , pie wjn be placed in these postal v ill be appreciated as much as ! banks, as the Federal government the same considerations shown j will guarantee its safety. This the editor. ANNOUNCEMENT. As assistant editor, 1 enter u?on the discharge of my duties without any experience what ever. I hope, though, that with the co-operation of the people of the community and county, I may be enabled to do my part in helping to keep this juper up to the high standard which it has so long maintain ed. Because the work that I d'j will keep me among the peo ple 1 know, and in the town I love, and give me opportunity. a-; nothing else can, to occupy j small towns would be deprived of n.yseif in the interest of both. i banking facilities which they now cn 1 "have undertaken it with aiy- Our State banks are the crea- i i if . i - l.i' rri flintj of pleasure, and of de- tt rmination. to exert my best c torts in all things that will t nd to further the interests of j Holland Neck, and promote j the welfare of- the county. j i ask for you hearty co-opera-.j tion. Asuby W. Dunn. I GOVERNOR KITCHIN. 3Jost of the reading space of The Commonwealth this week it given to the inaugural ad d . ess of Governor V. AV. Kitch ir . The noble young governor, o" whom all North Carolina is p.-oiid, ably discussed the vari ous interests of the State before tl o great throng which assem-b-:'d in Raleigh to witness the ir. ir.guration exercises. Mr. KItchin made one of the most r -uarkable and successful fights for the high office that has been known in the history of North Carolina. He enters j li.niTi th ilntifs of bis nffir mi. I d- i" quite favorable circum ST -inces. He is a m aUKty, of singularl clean life, and all the people of ti e State feel confident of his safe and wise administration. A SPLENDID TRIBUTE. The Xews and Observer of January 13, the dav after Gov- einor Kitchin s maua-uration, paid the following splendid tri bute to his mother: ''The most honored visitor at the inauguration this week was th e mother of the new Govern or, tlie widow of the late Capt. "VV. II.. Kitchin, whose services to the State were conspicious ii; days that tried men's souls. T.'ie mother of nine children, the presiding genius in a home where the best virtues are illus trated, Mrs. Kitchin was-the gv.e-stbf chief honor at the in auguration and at the reception at night. Cairn and serene,hap py in the honor conferred upon .hv,r son, this North Carolina mother was as proud as the mother of the Gracchi. It was a Iicughtful aud pleasant idea that caused Speaker Graham to preserve the pen with which tLj new Governor signed the of.li of office and present it to his mother. It bootbos pain, it is cooling and healing- Good for cute, burns, bruises and sci itches, but especially recommended foJ piles DcWitt's Carbolied Witch Jli:".c Salve. Sold by E. T. Whitehead Company. . Governor Kitchin's Inaugural Address. Contimn'd from First lttj;c. ;, , , ,. , 3 . ue Ulu hk.'sl piouuciive iai.ua m uic j State. The State can undertake the ' drainage and levy assessments on the ; benefitted land for expenses, but I do ! not think there is a present necessity for this method. An experiment on j a small scale is worth trying in the ' drainage of some of our swampland. Also some comprehensive, liberal and effective law should be enacted the lands of others purpose of effect ual drainage. money will, in turn, be deposited in the National banks with the inevita ble results that a greater pot-portion of the cash of the country will find its way to the national, banks in the money centers that is in the larger cities of the country, r.ot one of which is in our State. These results will tend 4o drive every State bank out of business, as State banks cannot be expected to stand the com petition with rivals having much uttage over them, and mighty impulse will be given to cen tralization and a serious blow upon the independence of the State inflict ed. As no National bank can have a capital of less than $25,000 there would be danger that many of our lures Ui our ovvn s-ation. -iuey tiave blessed the State, nd especial- ly the smaller towns. They have i6eAm Thdr record haa been one of merit and safety In comparison wjth national banks and measured by assets lost or deposits involved in failed institutions our State banks do ! not suffer, as the history of the last generation shows. Uuder present conditions when a bank's solvency is suspected by other banks and other banks are the first to suspect it, then every bank in that vicinity is in self defence compelled to hoard its cash and withhold it from solvent borrow ers for legtimate purposes so as to be prepared to meet any probable run on it caused by the anticipated fail ure of the sustectei institution. With the present stockholders' liabil ity and proper inspection our State system is rightfully pronounced sound and safe. Yet something fur ther is needed, not merely to encour age our people to deposit their money instead of hoarding it, to moderate j the effects of panic, to prevent runs 1 on solvent banks, and to insure de-! Jpositors, but to enable our banks to I not only the banks, but very greatly the public. All successful banks j prosper on the money of depositors. I The State and Federal Governments j reo.ure security for their deposits I ' banks, yet these public deposits i , v v , , T P ' lfrtflllVrt kii4- a , 1 1 i ll. - t : iuuuiuuu tne grtJcitei part ox the money from which profits arise. Every banker ought to be willing to have those deposits which enrich him' thoroughly guaranteed. I real ize that a Governor who has no pow er toforbid or veto harmful" legisla tion canhave little power in advancing beneficial legislation. He can, how ever, and it is his duty, to recom mend to the Legislature what he re gards as wise and helpful, leaving it as it ought to be left to the judge ment of the legislators, chosen by the people for the purpose, in their wisdom to follow or reject his sug gestions. It is with such recognition that I have thought proper to rnen- i tion uank deposit guaranty. A com- pulsory system, is advisable, but not necessary. I believe the same pur pose will be accomplished by enact ing a guaranty law for the benefit of those banks which desire to avail themselves of its provisions. Let provision be made that when a cer tain per cent of the State banks, say sixty, representing a certain- per cent of the State banking capital, say fifty, shall file with Corporation Com mission s request to be admitted to its provisions, the Corporation Com mission shall certify that fact to the Governor, who shall proclaim the act to be effective from and after the an of o-reat i survive the Pstal savings bank sys- j sym- anu against omor ciius is prop- T . . , . . - - - ? i 1 , y pure and' y judgement tne Dans caij iclvillii mun ducnuwi. as i guaranty uepusiL poncy win Denent i" v-.uuii i-iw-.i mnict-i n- first day of the ensuing July or Jan uary, whichever comes first, upon all such banks and upon others which may thereafter file a similar request. Should the legislscure favor the policy the details of the legislation be difficult, and any fear that irresnonsible and unsafe banks might be organized can allayed by appropriate provisions. RAILROADS. The railroad business of the State is so important that I deem it prop er in this inaugural address in form- ! al fashion to set forth some 'of the views entertained by me and which I have in public speeches often de clared concerning railroad matters. Every thinking man realizes that railroads are necessary; that they bless every community they touch; that they must be profitable in order to give proper service; that they de serve fair treatment at the hands of legislatures, and moreover that any legislation that would deprive them of just compensation would be futile under the Constitution. The people are willing to be charged such rates for travel and freights as will pay the legitimate expensed of every kind and character, including liberal wages to all employes, keep up the roads in good repair and safe condi tion, and then pay fair dividends up on the value of the property. But the people are unwilling for com panies chartered for the public bene fit to exact from the public under an almost unlimited power to extort when unrestrained by law, addition al rates to pay dividends on fictitious value or to enable railroad magicians by trickery to make millions over night, or to justify them in saddling upon the public millions of securities in watered stock. In my judgement the fundamental wrong in the Amer ican railroad problem is watered stock. The great question of most of railroad managers is how to make one dollar's worth of property earn dividends and and interest on two dollars of stocks and bonds. This tends to two great evils overcharg ing the public on one hand, and stinting the roads in labor and equip ment on the other. This ovcr-capi-talizatinn, together with the fact that, except in rare instances, the owners of railroads do notlive among a?;d have little sympathy with the 1 i-l- J- t! l.-u tvtr, t.e at uie uuu.i. of most railroad evils. Oftentimes j a manager serving a far away cor- j porate head, not knowing how long he will hold his position, endeavors to make a record by charging" the public all he can, and by exercising a temporary economy .that leads tin-1 ally to dehective roadbed, dangerous track and insufficient equipment, for he is expected above all other things from his position to make the prop erty earn dividends upon original and watered stock. It is evident that one of the essentials of a proper regulation of railroad charges is to provide by statue for ascertaining tne value of railroad property in or der to have a basis upon which to consider, rates. "The last legislature reduced pas senger fares. The rates now in force, which save thousands of 'dol lars annually to the people from the old rates, have been approved by the railroads as just and reasonable. Conditions justify us in anticipating no agitation for any change in pas- ssnSe ares dur'ng the term 01 tne mcommging administration. The discriminations in freight rates practiced by railroads in favor of ed, it is more important that they have lealatively just rates than that either have absolutely just rates. All rates may be too high, but even then, relatively they should be equit able. Some of our North Carolina' cities have been compelled to pay millions of dollars of fre'ght over and above whaV other cities have paid for the snrne distance. The freight on a "car load of corn from Cincinnati to Green :h,ro is much more than the freight wci.'d be should the car go on to LyncL.bvirg. A car load of molasses from New Orleans to Lynchburg pays lest, freight thrn if it stops in Charlotte. Over such discriminations in inter state commerce the Interstate Com merce Commission has sole jurisdic tion. On the face of the above in stance there is injustice, and they show that companies whose directing heads live away from the section served do not of their own accord always deal fairly and mete out even- handed justice to the community they reach, and to remedy such wrongs the people must look alse where than to the managers of the railroads. The fixing of proper rates is a great problem. Each city is en titled to all natural advantages, but no railroad company should carry freight to one city at a loss and then be permitted to over-charge other communities to recover that loss. Under no conditions and for no pur pose, in my judgement should any community be charged more than a just rate for the service rendered it, regardless of profits or losses on rates to other cities. "THE PIANO WITH A SWEET TONE." Pertinent Points for Piano Purchasers. S t i k i' v P i a x o s ha vo l een manufactured for more than sixty years; there arc none hotter very few as good. The ownership and manage ment of the factory is, and always has been in the Stieil' family. Every instrument is FULLY GUARANTEED in every respect ; in ease of any trouble you complain direct to the maker. Stii u" Pianos are sold from maker to user; the salesman selling for him, and not for any dealer. Thus von get the best piano at factory price. Easy terms if you wish. For more points, address: CHAS. m. Stieff L. C. STEELE, Mgr., 114 Granby St., Norfolk, Va. R. I. JONES, Representative. Pleaao ir.rntion this paper. I I Toe Official Piano Jamestown Exposition. Best Hotel in Norfolk, Va. THE LORRAINE American L European Plans t GRANBY Street L. BCSRY DOOSON, Manager J Best Liip.cii in the Gfy, 35 Cents The State should do all that is properly within her powers to abol ish the discriminations against our towns and cities, and to secure for our enterprises and business, inter state rates as fair for our citizens as the rates enjoyed by the citizens of other States in their enterprises, the last legislature appropriated four thousand dollars to help bear the expenses of efforts to secure from tlie Intei'state Commerce Com mission correction of existing wrongs against our people in interstate rates. Such assistance should be continued until all reasonable efforts have been made to secure justice to the inter ests of the State. ECONOMY. In tbfl Treasurer's renort it ar- nMre -ncr tn nf taxable property not increasing as mu(,h flg the legisature antiCi- pated, eur expenditures, for the last tw0 years, exceeded our receipts. This fact emphasizes the necessity of practicing the governmental virtues of economy. The sentiment of our people and our financial strength forbid -parsi mony, but there are limitations upon our treasury and the legislature will regard these limitations and display that wise statesmanship which will i appropriate justly for all worthy pur poses, and yet keep the appropria tions within the bounds of our prob able revenues, bearing in mind that a surplus is usually more desirable than a deficit. The legislature will make proper provision for refunding that part of the States debt which falls due in 1910. Sincere gratitude for the people's approval of my past public services and profound appreciation of their confidence in calling me to the re sponsible duties of governor, shall constantly determine me to dedicate whatever ability I may have to the prompt, unselfish and faithful per- tormance ot suca duties. With hope and pride, and yet with fear and hu mility, I take the high office from my able, patriotic and distinguished predecessor. Fully conscious of my ovvn weakness I would dread to un dertake the discharge of its obliga tions, except for the wisdom and strength of those whom the people have likewisp elected to serve in the j conduct of the State's affairs, and on whose counsels I hope to lean in mat ters of doubt and in hours of trial. Even with their aid I cannot hope to avoid mistakes, evade criticism or escape being misitnderstood, but re lying upon the good sense and fair judgment of the people of the State to uphold my hands and to sustain my efforts to serve them constantly, honestly and fearlessly; I shall de vote my time and talents to their cau.pe. Let us trust that, under the guidance of ever kind Providence in the ensuing years, plenty and peace shall bless our people, prosperity en rich our industries, happiness dwell in our homes, the spirit of harmony and fellowship grow among men, and devotion to law and order increase. January 12, 1909. . $100 Reward, $100. The ivailers ot this paper will be j pleased to-J'uun that there is at least j one dreaded disease that science has ; been nolo to euro in all its stages, and j that is Catarrh. Hall's Catarrh Cure j is the only positive enre now known to the medical ftatereity. Catarrh being a constitutional disease, requires a con stitutional treatment. Hall's Catarrh Cure is taken internally, acting direct ly upon the blood and mucous surfaces of the system, thereby destroy! g the foundation of the disease, and giving the patient strength by building up tlie constitution and assisting nature in doing its work. The proprietors havp so much faith in its curative powers that they ofTeiv-Onc. Hundred Dollars for any case that it fails to cure. Send for list of testimonals. Address F. J. CHENEY & CO, Toledo, O. Sold by all Druggists, 75c. Take Hall's Family Pills constipa 1 Far n IrampkiBiente!! i WE HAVE 1 I S3 John Deere Farm Implemen I And can supply you Tf vnn rln nnt F-jt y y anrl evnmine one. and vou will at once see .- . . . 7 m r 4-u fi arc II1UIC Ul UlCUl i ft bined. Only one FX. 1 and the boxes are renewable. Be sure to Stalk Cutters if in The Well Known Josey The Pioneer Hardware Dealers, H orses and Mules! A new lot of Elegant Horses and Splendid Mules. Best of attention given to the needs of all our custo mers. See our Stock before pur- chasms? your Temu. BIGGS & JOHNSON, Scotland Neck, N. C. 1-21 -tf ji For Kidney and Bladder diseases has no equal. We will furnish free of cosl a case of any other water to -CfS'lf JW GET jy prove that Buckhorn Lithia is the most active of all xjfjf ' ' W r 3 waters on the kidneys. WjJgjui'H RD i f i; doco not cure infomnflatlsil cl ihg .Madder, il . f-T" A. i c.ia ycu nothing. t" ' J OF ! For Sale by all Mineral Water Dealers. URIC I Ask your.ccrJar e? yrnte direct fci pi cffcr jW ACID ' MR. The farmers' Storage WAREHOUSE Is now Heady for Business, and will Store and Insure Your Cotton at tlie Following Charges : 40c. per bale the first month. 35c. per bale per month thereafter. Arrangements has been made with The Scotland Neck Bank to make ADVANCES on cotton stored with us. Pay your merchant and hold your Cotton. Mr. Law rence Howard has charge of the Warehouse. Respectfully, 10 8 tf Warehmi C JUST RECEIVED OUR SHIPMENT OF with The John Deere Stalk Cutters, either the Two-Row Cutters or the One-Row Cutters. know of The lohn Deere Cutters, iust sinn - j ------ - ill tins 3tLiioii, uian lever to handle. The the market for one. Success Manure Spreaders in Stock Hardware Company FARMER! -..,w wviiiiuiilCC. A -.1 :4 at the reason that the cm uiui nicvrvD uin A hubs are dirt nroof examine The Deere 24 Scotland Neck, North Carolina. a.' A Inflammation of the blad der, urinary troubles and backache use DeWitt's Kidney and Bladder PHI; A Wee Trial For 25 TL. C. DoWITT & CO.. OUcaso, ir.. Sold by E. T. Whih hond Co. J. W. Perry Cc. Cotton Factoks and Co?pii sion Merchats. Norfolk, Virginia. Quotations January 15, 1909. Cotton Steady Stict middling..'. Middling : Strict low middling Low middling Low Grades 9 i : 9 9 i 8." 7 1-2 tt- Peanuts, New Quiet Fancy 3 1-4-3 1 Stictly prime o Prime ..-... 2 Low grades 2 to 2 i Machine picked 2 : Spanish " i"1. B. E. Peas $3.00 per bag. Stock Peas $1.25 per bushel. Subject to changes of the marl-. FOB here 2 'lb '"York" 'Bagging, 7 1-3 per 2 1-4 lb "Hub" Bagging, 73-1 p-.-r : 2 lb Rewoven Bagging, 0 1-2 p r ; 2 1-4 lb " " 7 p r 45 lb New Arrow Tie?. 98 net 68 in Peanut Bags SSO.Ot) ,.v 70 in Peanut Bags '.;'82.50 Yours trulv, J. W. PERUV i V. We Do All Kinds ! OF MACHINERY REPAIRING! And Iron and Ilrass Foun dry Work, Sell rnginos,Boik-tv.,Sav Mills carry a full lino of Mill Supplies. Pkomi'T Service. Raleigh Iron Works Compan), 120 West St., Raleigh, N. C. Girls Wante The Scotland Neck Cot ton Mills is in need of at least 30 Girls -Want Eight or Ten Families At Once with' two or three Girls with each fami ly. Will pay while learning. SCOTLAND NECK COTTON MILLS. Scotland Neck, N. C For Weak Kidneys
The Commonwealth (Scotland Neck, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Jan. 21, 1909, edition 1
2
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