TAX ON EXCHANGES Commissioner of Corporations Smith's Suggestions. 9 %' WOULD REFORT TO PRESIDENT. Cannot Determine How to Eliminate Evil and Retain Good of the Future Transactions. Washington, Special. —A Federal tax on tiie transactions carried on by the exchanges of the country is re garded by Herbert Knox Smitli, com missioner of corporations, as offering in some measure a ''constitutional and available means of regulation" of these bodies. But in a re|K>rt sub mitted to President Taft Friday. Mr. Smith acknowledged that he is some what at a loss to determine exactly how "to eliminate the evil and retain the good" of the future transactions of the exchanges. Information requested by the Pres ident as to transactions on produce exchanges and as to certain future contracts in l'arm products led to Mr. Smith's report on N the subject. Taking up the various classes of transactions in farm commodities, the commissioner holds that "spot" and "intended delivery" future transactions are proper; that "bucket shop" transactions are "unquestion ably evil and indefensible," and that "hedging" transactions are nec essary and proper, being really not speculation, bat an "avoidance of speculation." Hut as to speculation "where neither party intends to deliver or receive, but where the contract is made on a regular exchange, the rules of which make delivery and receipts obligatory, if demanded," Mr. Smith asserts that this class of future transactions "presents a difficult problem. Its existence probably in volves the existence of the future ex changes themselves." The trouble with exchange specula tion, says Mr. Smith, is not with tlie theory but with the actual practice. The commissioner bases his com ments in regard to speculation chief ly on recent investigation of the cot ton exchanges. The theoretic bene fits of exchange transactions, he says, arc often nullified by improver con ditions on the exchanges themselves and cites the New York cotton ex change, the basic defect of which lie says is its so-called "fixed differ ence" syr.tem. The false quotations produced under this system, h? says, frequently decrease prices of cotton received by the farmer. ADMITS TRIPLE MURDER. NegTo Confesses That He Killed Three White Women. Savannah, Ga., Special.—By his own stolid confession Bingham Bry an, a negro, is the i*;un who on De cember 9 killed three white women, Mrs. Eliza Gribble, aged 70; Mrs. Carrie Ohlander, her daughter, and Mrs. Maggie Hunter, in their home on Perry street, in the heart of 'Sa vannah. The negro is a prisoner in Chat ham count;' jail here, and has been in custody since he was arrested De cember 14 for a minor crime. The negro's story tallies to minutest de tails with appearances about the house of murder after the dead wo men were found. His story, simple) but terrible, follows as lie told_J|i He declares his motive in entering Mrs. Gribble's home was robberv only. John D. Rockefeller Gives $75,000. X«w York, Special. John D. Rockefeller has made a conditional gift of $75,000 towards $300,000 to the Salem College (for women) at Winston-Salem, N. C., and of $25,000 towards SIOO,OOO to the Georgetown College, Georgetown, Ky. To Investigate the Tariff. Washington, Special.— An exhaus tive study of the whole subject of the tariff is planned by President Taft. He has directed the Tariff Board that authorized the recent Tariff act to prepare for such an in quiry. In order to defray the ex penses of the work the President will ask for an appropriation of $75,000 from Congress. Mrs. Brokaw Wins Suit. New York, Special.—Mrs. Blair Brokaw has been granted a separa tion from her husband, W. Gould Brokaw, a miner, and was awarded alimony of $15,000 a year. The de cision was handed down by Justice Putnam. The separation was grant ed upon the ground of desertion. Halley's Comet Visible April Ist. Chicago, Special.—Halley's comet probably will begin to be visible to the naked eye about April 1, and will cross the face iof the sun at 6 p. m., May 18, soys Prof. Edwin B. Frost, director of Yerkee Observatory. Champ Clark Boom. Washington, D. C., Special —Rep resentative Champ Clark, minority leader of the House, lias been inform ed that the first "Champ Clark for President Club" has been organized in Enid, Oklahoma. An official notification to that effect has just reached him. Telegrams from Tnlsa, Oklahoma, have been received by the minority leader, nominating him for Speaker of the next Congress and then for Presiaent. GOEBEtJONORED. Marble and Bronie Monument Un veiled Over His Grave. Frankfort, Ky., Special.—The un veiling of a marble and bronze mon ument above his grave in the State cemetery here Thursday was the feature of the observance of the tenth anniversary of the death of William Goebel, the central figure ip one of the more exciting chapters in the latter days of Kentucky's his tory. If there were any evidences of partisan strife connected with the "Goebel troubles" present during the ceremonies, which was attended by the Legislature in a body, they went unobserved. A large gaihering filled the space around the monument. Former Governor J. C. W. Beckham, who as lieutenant governor, succeed ed to the executive chair at William Goebel's death, acted as master of ceremonies. ADMINISTRATION PROGRAM. Approval is Given the Program as Arranged by the Leaders. Washington, Special.—The admin istration program, as revised by lead ers of the Senate and House and giv en the Btamp of White House appro val comprises the following legisla tion. Statehood for Arizona and New Mexico in the form of the Senate kill, which provides for ratification Ay Congress of the constitutions of the new States after the approval by the President. Postal savings banks, with safe guards against tfunds being trans ferred from sections where originally deposited to the money centers. Giving to the President authority to withdraw from entry public lands desired for conservation purposes oi for classification, the withdrawals to remain in force until revoked him of by acts of Congress. Federal incorporation open to the volutary application of concerns en gaged in ituerstate business and will ing to subscribe to Federal regula tion. Creating a court of commerce and amending the interstate commerce act as; provided by the Townsend- Elkins bill. Creating a legislative council for Alaska, the members to be appoint ed by the President. All of the measures designated nre to be enacted into law if the influ ence of President Taft and.Congress leaders, who are in charge of the machinery of the Senate and House is powerful enough to carry the pro gram through. JURY INVESTIGATES. Canse of Mine Disaster in Colorada Unknown. Primero, Col., Special.—"Cause un known" was the verdict reached Inst Thursday by the coroner's jury that investigated the explosion in the mint of the Colorado Fuel Iron Company Monday afternoon that caused the death of at least seventy-three men Mine Explosion in Mexico. Laredo, Tex.,. Special.—Word reach ed tliis city from Las Esperanzas Mexico, Thursday, that 75 persons lost their lives in a mine explosion there. All reported dead were Jap anese miners. The explosion waf caused by the ignition of gas by t spark from a miner's cigarette. .Peary Wants to Find South Pole.. \\ iishington. Special.—Commander Robert E. Peary, discoverer of the north pole, has made a proposition to the national geographic society which if accepted, will mean that an American expedition jvill be on its way to discover the unconquered south pole next fall. Paris Relief Fund. Paris, By Cable. —Up to Friday the j relief fund from foreign countries had totalled $700,000, and the re port was that the river Seine was, ■till falling. Want Money For Cotton. p Washington, Special. Senator Overman introduced » bill Friday providing for the refunding of $42,'- 532 for cotton burned at tke close of the eivil war. Dickinson Sncceeds DeArmond. C'inton, Mo., Special.—C. C. Dick inson, (Dem.) has been elected to succeed Rep. DeArmond from the sizlh Missouri district. , . * Representative Levering Dead. Washington, D. C., Special.—Rep. resentative William C. Levering oi Massachusetts died at his home in this city Friday, aged 75. He had been engaged in cotton manufacture ing nearly all of his life, and was a member of the House committee on manufactures. To Test Bread Price Limit. Louisville, Ky., Special.—The Nat ional Association of Master Bakers will carry to the Supreme Court a case to test all city ordinances and statutes limiting the price of a of bread. Tariff War is Averted. • W ashingten, Special.—Concessions by both the United States and Ger many have averted a threatened tar iff war. Negotiations have been con cluded between the two countries,! which settle the question of minimum' and maximum rates with the- excep tion of the'cattle and dressed meat is sue which was eliminated from the present negotiations and which will I l>e pursued hereafter in separate I diplomatic representation. '1 —Cm toon by W. A. Roger*, in \he New York Herald. WHITE HOUSE "ISOLATION" A BORE; "NOBODY DROPS IN." "Shr':ing Hands and Talking to People Is Not Work." Says the President—Reveals Human Side in Talk to Newspaper Correspondents. Washington, D. C.—President Taft stood before 150 newspaper cor respondents at the Press Club by ap pointment and told of his exper iences. The President appeared incognito in often worn trousers and waistcoat; over the waistcoat a sweater (opened that he might put his hand in his pocket), and a snck coat over all; no top coat. He had started out for an automobile ride. "I have to apologize for appearing before you in a garb that I have found convenient to wear when walking through the streets of Washington. There are, I suppose, some limitations upon Presidential pedestrianism, but I have not found them as yet, except in tired muscles. It is a very great pleasure to me to walk along the street, look into the windows and pass by a great many people who don't know who I am, and at times to meet a fellow who looks onca at me and then passes on without any further curiosity, and another fellow who looks twice, nudges his friend and then, with that degree of reverence that we all feel for high officials, says, Taft!" "But there is in the White House a sense of Isolation due to the fact that, generally, nobody drops In. Everybody comes by engagement, and you don't have that pleasant surprise that comes from having neighbors look in on you at odd times and Witb a feeling that they have a right to come. 1 don't know that that feature of 1 the White House life can be cnanged. Perhaps it ought not to be Perhaps if we changed the system HO WHITE SLAVE TRAFFIC, GOVERNMENT AGENTS FIND Innocent Women Hot Enticed Here Prom Abroad, They Say-Tbose Already Vicious Soughf —lmmigration Authorities Report Indifference of Other Countries to Treaty Protecting Allen Girls. Washington, T). C.—That the treaty ratified on March 1, 1905, for the re pression of the "traffic In white wom en" Is practically worthless to this Ooverninent in preventing the migra tion of alien procurers and prosti tutes, 1b the conclusion of Commis sioner-General Keefe, of the Bureau of Immigration, in a report trans mitted to the Senate by President Taft. Mr. Keefe not only takes the posi tion that the treaty is worthless, but he adds "that practically no co-opera tion at present can be expected of the signatory Powers as regards the en forcement of the immigration laws with which some of the Powers are found to be out of sympathy." The bureau made an effort to as certain the degree of 00-operatlon to be expected of the signatories. The following Powers were communicated with: England, Germany, Austria- Hungary, Belgium. Spain, Russia, Portugal, Bweden, Denmark, Holland, Canada, Bermuda and Brazil. Re plies were received from the majority of those countries. The replies dis closed that no steps could be expected to prevent the free passage from their country to this side of the profes sional' prostitute or procurer who con stitute the bulk of white slave traffic In this country. "The procuring of innocent women and girls for purposes of debauchery," he said, "has seldom Jf ever come to the attention of the bureau, and as It Is the purpose of the treaty to pre vent such procuration the treaty's usefulness ends there. "The present immigration law Is not and drastic eiibug'n In terms effectually prevent further additions to the already large num bers of alien prostitutes and procur ers in this country, and does not pro vide adequate means to rid* the country at large of those aliens who are here unlawfully, and In particular does not reach what Is the very root of the evil, the free passage to and fro of those engaged in It." The Investigations of a epeclal officer, whose name is not given, con- BUI Proposed to Prevent Gambling at Racetracks in Maryland. Baltimore, Md.—Racetrack men j are alarmsd over an announcement that a bill will be introduced in the Legislature prohibiting racetrack betting. The measure will be modelled along the lines of the law put through by Governor Hughes, of New York. Since the New York tracks have been handicapped by the new law the Pialico course has regained Its for mer prominence and the last two meet«*ecalled old Pimlico days. we would long to return to the sys tem of Engagements—for the engage ments are many, time passes rapidly and business Is active. "People say to me, "You must be tired—you are working very hard.' I suppose what they say is true and is founded on fact. But my education on the bench has made me feel that there was no real work which was not sustained Intellectual work—ln writ ing Out opinions; and, viewed from that standpoint, I have not had any work In the White House, except oc casionally when 1 have dictated mes sages. Shaking hands and talking with people has seemed to me to be always a preliminary until I could get to work, and I suppose I shall never settle down to a philosophical consideration of what Is labor in the White House until I realize that three or four hours Is taken up each morn ing in discussing—not the qualtflca tlons of collectors and district attor neys and other appointees, but the claims of those who recommend that such gentlemen be appointed. "The truth Is that Executive work is work not because of sustained mental effort, but it is work that arises from the consumption of ner vous energy and vitality In the rub bing up against one's fellow-man. That is work you don't have on tile bench, and It is a little difficult for oue who has had so long an experi ence as I have had to realize that it is work, and who does not feel it un til he gets to bed or until he finds himself in some way or other ex hausted, without any sufficient excuse for the exhaustion." firm the conclusions reached In this country that there Is no such thing as an International organization hav ing for its object the exploitation of women In various countries by means of the practice of prostitution. The report says: "Innocent women and girls are rarely Imported into this country for purposes of prostitution, the groat bulk of such women coming In ae mistresses of various Individuals and subsequently adopting or being forced Into a life of Bhame, and the procur ers selecting their Innocent victims in this country." Discussing conditions he found In Europe, the United States agent says the large cities "were found to be so Infested with women of Immoral ten dencies, living in poverty and dire squalor, that they were only too eager to embrace the opportunity of living comfortably In an Improper life in this country." Consequently, persons who desire to get fresh rupplles of women for their resorts in the United States are not forced to seek Innocent women, when with much less ex ertion, expense and danger numbers of women can he found ready to ac-; cept their terms. "The dance, concert and music halls and the drinking places of the Conti nental cities were found to be fertile fields for the operations of the cadets, their numerous groups of worn* en «not so openly immoral as to be under police control, but who make It a practice to add to their Incomes by Immorality, j "In many of these cities it was found that certain cafes and resorts are habitually frequented by persons seeking fresh supplies of women, not so much because such resorts are 'clearing houses,' but because women | of the type desired are to be found and kindred spirits are always con gregated there." Tales of easy life and riches await ing alien women In the United States have much to do with the ,great in crease of immoral women and attend ant evils in this country, says the re port. Lackawanna Railroad Has Ix>*t Its Splendid Record. Wilkes-Bavre, Pa.—After being able to boast that for ten years no passenger had been killed on its tracks, the Delaware, Lackawanna and Western Railroad lost the record when a youth, Edward Hill, of Gib son, Pa., stepped hurriedly from the local passenger train at New Mllford end *ras struck and killed by a coal I train. His mother and sister, prepar ing to alight after him, witnessed the accident and were overcome by the shock.' | TAR HEEL JWS NOTES. i IN MEMORY OF DANIEL BOONE. Cabin to Be Dedicated With proper Ceremonies at "Devil's Den." Extensive preparations have been j made for the dedication of a cabin to the memory of Daniel Boone at what is known as Devil's Den, in Boone township, Davidson county, near Spencer. The cabin, which has been bruit with great care, will be for mally defeated on May 1, at which time a number of prominent speakers from various parts of North Carolina will be present. The location is at Boone's Cave, which is known far and wide as being at one time occu pied by the noted Daniel Boone. It is well preserved to the present time, and is said to be well Arranged with seven living rooms underground. A large number of visitors are ex pected for the occasion. Food Ohemists Report. During the year 721 samples of food and beverages were examined, 154 or a little more than 21 per cent of which were found to be adulterat ed or misbranded. Eight violations •f the law have been reported to solicitors for prosecution and others are being put in shape to be report ed. In each case the defendant was convicted and fined. The adultera tions of greatest importance were found in butter, ice cream, vinegar, syrup, molasses and flour. Butte* contained fat other than milk fat; ice cream was made from gelatin, etc., and was below standard in milk fat; compound vinegar was sold for fruit vinegar; molasses and syrup contained too much water, and flour was bleached with chemicals that are deleterious to health. New Railroad 3. A corps of surveyors have arrived at LeaksviUe for the purpose of sur veying the Leaksville '& Western Railway from that town to Madison, following the banks of Dan river. In May work will begin on a now railroad from North Wilkesboro to Butler, Tenn., a distance of 90 miles. Frank A. Linney, Ed Coffey and other men of means in Western North Carolina are behind the project and have expended already $200,000 in securing rights-of-way, under 'the name of the Watauga Railroad Com pany. This link will pass through Lenoir and will connect the Southern railway with the coal fields of Ten nessee and Virginia by the most direct route. Big Land Deal. At Asheville the greatest timber deal of the year in western North Carolina was consummated last week and announcement made when 15,000 acres of land on Forney's creek, in Swain county and extending from Clingman's dome on the North Caro lina-Tennessee boundary line to the railroad tracks of the Murphy div ision, embracing a part of the 700,- 000 acres in the noted Whittier boundary, was sold by the Harris- Woodbury Lumber Company to the Norwood Lumber Company, a West Virginia corporation, for the sum of $220,000. Pleased With Their Trip. The wateraways committee which traveled through the eastern part of the State last week with Senator Simmons, Senator Piles and Clarke and Representatives Wanger and Stevens and Col. A. I). Watts stated that they had a pleas ant trip and were favorably impress ed with the State and the people they met. * New Officers Elected. At Denham last week the city pub lic school superintendents of this istate held their annual session, and wfter discussing many subjects of (interest, elected the following officers: Prof. Harry Howell of Ilisrh Point, 'president; Prof. W. D. Carmicliael 'of Durham, vice president and sec retary C. W. Wilson was re-elected. Site For Mason's Home. Mooresville citizens have given 113-4 acres to the Masons of the State for a home for the aged and infirm. The ladies of the Eastern Ktar of the order, have joined in the movement and a handsome build' ing costing probably $15,000 to $20,- 000 will be erected on the site do nated. Briefly Told. January term of Foiwyth criminal court was postponed on account of smallpox. Five inches of sntiw fell at Win ston-Salem last Saturday. Monroe citizens are planning for a new and commodious hotel. The Eagle Furniture Co., at High Point, barf 0 failed.- Liabilities be tween .Y!)0,000 and $110,000; assets $25,000 to sßs.oo**^ Wilmington is to have a Comraer-' cial Club. ."1 .> The Raleigh & Southport railroad will build to Clark!on and may be extended to Wbiteville. Some time in March Senator Cum mins. of lowa, will deliver an ad dress before the Manufacturers' Club of High Point. Among the- other speakers will be Cov. Mann, of Va.; Gov. Ansel, of South Carolina, and President Alderman of the University of Virginia. . . J\t Oioldsboro highwaymen sand bagged and robbed three citizens separately and in different sections of the town. One was relieved of SSOO. * N AROUND NORTH CAROLINA \ IMPROVE STATE HOSPITALS. Nearly 9500,000 Spent in Enlarging Asylums to Meet Demands. The North Carolina State Hospital Commission reports to Governor Kitchin of operations of the com mission under provisions of the act of tlie General Assembly for ex pending $500,000 in enlarging the capacity and improving equipment of the State hospitals at Raleigh, Mor ganton and Ooldshoro, that $447,528 lias been expended, with $30,045 re maining on hand. The report shows $.'(17,511 expended on the Central Hospital at Raleigh; $()">.599.. r )2 on the Western Hospital at Morganton; $>0,928 on the Eastern Hospital at Goldsboro. The item of $3,4H9.23 is rejjorted 'as the total cost of the administration by the commission. The commission ] has provided for 828 white insane, and white insane epileptics and 84 colored. There is now mom in the hospital at Raleigh for at least 400 more patients than are there, and the hospital at Morgan ton is now capable of accommodating the pres ent demands upon the institution, the two being of equal capacity. The commission insists that there is now any valid reason why every white insane person in the State and white insane epileptic cannot be cared for by the State. Big Meeting for Greensboro. The North Carolina Association for the Prevention of Tuberculosis meets in Greensboro March 15-1(5, and promises to be the largest public health gathering that has ever as sembled in the South. Men from every section of North Carolina, have been selected by the association to speak on every phase of tubercu losis; the national association has directed it* highest oilicers to be present and speak on the national crusade against this disease, and other States are sending l delegates and representative men. Gov. Kithin will open the meeting and make the welcome address. All Primaries on One Day. Democratic State Chairman A. 11. filler announced last week that he and his special committee from the State Democratic Executive Com mittee have decided to recommend to the full committee that it be called together in about thirty days; that there be a common day for all the counties throughout the State to hold their primaries, and also their subsequent county convention. There are other minor changes to be pro posed, the report not being perfect ed. Later conferences are to he held to perfect the work of the special committee, and then the State chair man will call the State cornmitee to gether to take action. Arranged Program. Members cabinet of the North Carolina "Epworth League gathered in Greensboro last Saturday and held its annual session. The work of the league for the year was thoroughly discussed and plans were laid for advance along all lines of league work. Among other things the cabinet arranged the program for the Epworth League conference which meets this year at Hertford. Death Chair to be Ready. The State's prison authorities, at Raleigh, announce that the missing parts of the electric death chair fiave been shipped from Fort Wayne, Ind., and that the date now set for the first electrocutions is March 2ti, when Walter Morrison, of Robeson county, and John Atkinson, a first-degree murderer, will pay the death i»en altv. Widow Receives SIO,OOO. The Soqlherd Railway has paid to Mrs. Virgil E. llolcomh, of Mt. Airv, SIO,OOO for the death of her huslmnd, who was one of the dozen |>ersiikfc killed in the wreck near Brown Summit, December 15. Poods Must be Stamped. Commissioner of Agrieu It tire Gra ham calls attention to the fact that the weight must be stamped on all packages of buckwheat flour and other foods so customers can he sure of weights being correct. This is under the pure food law. He has lieJd up ..foods -at Asheville ■winch were* not stamped with the weight. Briefly Noted. Hertford is to have a new $20,000 hotel in place of the old Eagje tavern. The people of Jonesboro township, Lee county, at an election last Sat urday, voted for a bond issue of $15,000 for tfood roads. The latest enterprise for Lumber ton is a building and Loon associa tion which has just been iiVeoniorat ed. . \ Congressman Thomas of the third congressional district has appointed Carl I*. Hurtling 'of Newbern to the •vacancy HOW existing at the An napolis naval academy for this dis t rieL The 2-year-oid' child of Mr. and Mrs. Roger .Collins, of Wisljart's township'. Rohesofi rount/.fiWirs burn ed to death last Saturday. Beginning Sunday, February 13th, the Virginia & Carolina Southern will operate u Sunday train front Lum hertou to FavoHeville. Rev. Alvin Hoits>, who some years ago retired from active work' in 'the Tiaptist ministry dial very suddenly at his home, in Raleigh, last Mon day, aged 82.

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