Nia Of DEMANDED HIS William T. Cornell's Story of the New York Farmer and His Sud denly Acquired Fortune in Railway Bonds. "In an experience of a quarter of a century as a banker, I witnessed the effect in several cases of a sudden ac cession of great fortune, and in two or three cases the reverse effect of the sudden loss of fortune," I was once told by the late William T. Cor nell, at one time president of an im portant trust company in New York. "But I think the strangest. of all the experiences was one that happened at the time I was cashier of the old Union bank in New York, an institu tion which is no longer in existence. That experience knocked galley west niy preconceived notion that a poor man who suddenly came into posses sion of a considerable fortune would be so bewildered or excited that for a time he would not know whether ha was on foot or on horseback. "There camo into the Union bank one day in the late seventies a decid edly rustic looking man, who was, I should say, about forty years of age. wore me conventional cmn wniS'Sfc ker and there was a decided twang in his voice. Ho was apparently sus picious of everybody. He asked for me, and when I had gone to him said that he was a little curious to know whether the bonds of an old railroad company, whose name he mentioned, were worth a copper or not. " 'I will look the matter up,' I said, Tut it is my impression that the rail road has been absorbed by the New York Central.' "'Well,' said he, "just for the fun of it, and because I'm a leetle curi ous, suppose you find out and let me know. I'll com? in again by and by, or I'll sit right down here and wait.' "It was easy to see that the man was not inspired by pure curiosity. I therefore made inquiries, and speed ily learned that the time Commodore "Vanderbilt took over some of the rail roads of western New York, incorpo rating them into his New York Cen tral system, there was among the number one which was built from Buffalo southerly. It had been built upon stock subscriptions from the sale of bonds to the people of the dis trict through which the railroad ran. The commodore offered to take up the underlying bonds and to pay for them in cash or with stock in the Central. He secured all of the bonds except one block. This block repre sented a face value of $60,000 al though I learned that when the bonds were marketed they were sold for s.bout 50 cents on the dollar and the commodore advertised for ft and caused his agents to hunt high and low for it, but could get no track of it. Still, those bonds were a lien on the property, and would be until paid. "I tcld the rustic that I thought the bonds to which he referred could be easily Eold for cash, and he asked me, 'How much can anybody get for them?' I took him over to a firm of brokers, who represented the commo dore in New York Central matters, rind after a long siege with the stran ger we got him to admit that he had the missing bond3 somewhere in hi3 pocket. TALE OF A FAMOUS SOLDIER !sjcr General Thorr.a3 Refused to At tack Hood's Army Until Conditions Were Such That Success Was Certain. Cn December 14, 1831, after a battle lasting two days, Major General George II. Thomas, who, in September of the previous year, had just gained the title of "Tho Rock of Chtcka rccuna." crushed the Confederate army commanded by Gen. John B. Hoed, so that it was not heard of sgain in the Civil war. And it was this groat victory, which history knows as the battle of Nashville, that led to the immediate appointment of Thomas as a major geueral in the regular ariay and led congress to give him a vote of thanks. General Thomas' right hand man in thi3 conflict was Maj. Gen. Andrew J. Smith, one of the most gallant and able generals in tho war, the man who saved Banks' army on the Red river, vho was a terror to Price, Van Dorn, and ether Confederate chieftains, and who, at the battle of Nashville, dis played such great gallantry and merit that he was brevetfed major general In the regular branch of the army. Resigning from the regular army in 1SG3, General Smith became postmas ter of St. Louis, and while he was a resident of that city he and James N. Brown, also a St. Louisan and a sur viving veteran of the war, many times talked over their fighting days. It was on one of these occasions that Gen eral Smith told his companion of his meeting General Thomas just before the battle which annihilated Hood's army. "I was ordered to take my com mand, which waa the Sixteenth Army corps, and go by boat from St. Louis to reinforce Thomas," said General smith. "When we got to Hcrpeth f.hoal in tho Cumberland river, some New ifenr $60,000 IN CASH "Well, to make a long story short, he negotiated all that day with the brokers, and they, having found out by telegraph that the man was re liable, at last agreed to pay him a hundred cents upon the dollar for the bonds, and made out a check for $60, 000. One of their employees came to our bank with the man and the check. I asked the man if he wouldn't like to take a draft on Buf falo for the amount, telling him that he could conveniently carry it in that form and get the money In Buffalo. " 'Look here,' said he, 'is that piece of writing "good for $60,000?' " It certainly is, I said. "'Well, then, I want' $60,000, and I don't want any writing. I want money that I know about.' " 'It may be dangerou for you to carry so large an amount upon your person,' I said. " 'There ain't nobody slick enough to get that money away from me,' he replied. 'I just want to see what $60,000 looks like, what it feels like, and whether it breaks my back to carry it around with me. I never had more than $60 at one time in money." L "We cashed the check and gave him bills of large denominations. He handled each bill as though it were a treasure, closely scrutinized !' "and placed it with the others in a pieee of brown paper of the kind shopkeepers do up parcels in. Then he tied up the paper parcel with a stout cord, took a little chain from his pocket, fastened one end of it to the cord and the other to his wrist and went away. "He got home safely, I afterwards WASHINGTON IRVING'S FAILURE Arrserican Author Broke Down While Greeting Charles Dickens at Din ner in New York, but English man Comforted Him. "When Charles Bickens was mak ing his first visit to the United States, in the latter part of 1841 and early part of 1812, he spent some days in New York city," said the late Parke Godwin, son-in-law of William Cullea Bryant, whose career as a journalist and author dated back to 1837. "After his return to England, Dickens pub lished, I think in the year 1814, his novel 'Martin Chuzziewit,' in which so many chapters are devoted to the characterization of some of tho crude personalities in American life as he had met them. "Some of my literary friends, after the publication cf 'Martin Chuzziewit,' attempted to identify several of the places mentioned in the book, and we did establish to cur own satisfaction the identity of the boarding house at which Martin Chuzziewit and Mark Tapley were entertained after they came to New York. We also tried to identify the original of the character of Jefferson Brick, the newspaper man whom Dickens so vividly caricatured, and finally we made up our minds that Brick was a composite of several newspaper men who were rather of ficious and presumptuous in their ap proaches to Dickens. Jefferson Brick 40 miles from Nashville, we , could not get ever on account of low water, so I landed my men and marched them overland. I reached Nashville a day in advance of my army, I had not met Thomas since wo had left West Point and had to introduce mysslf to him. He grasped my hand and gave me a hearty, warm greeting and at the same time asked where m;- command was, which I said would be up the next day. "With much concern in his voice he replied: T wish they were here now.' "I inquired: 'Why the urgency?' " 'They are giving me h 1 down in Washington.' "'What Is the matter?' I asked. " 'Stanton and Halleck have been telegraphing me everyday to attack Hood and drive him away, but I have not been ready, and because I believe my force now here insufficient, I have not complied with their orders, for I believe they do not understand the situation. But, here is an order from Grant to attack AT ONCE.' "I asked Thomas what the situation wa3, and he explained his position and forces by taking me up to Fort Neg ley, where we could see the lines of both armies. After a careful examina tion of the works, and-comparing his army with 'Hood's, I turned to him and said: 'Thomas, you are right and Grant 13 .wrong, and if Grant were here he woujd say so.' - "Immediately- Thomas reached over and grasped "my hand, and the vigor of his acticn convinced me that he fully meant what he said a3 he an swered: 'Now, Smith, that I have your approval we will take our time, and when we go after Hood we will be sure to succeed. " And that is just what ttey did. (Ccpyrigl't, 1010, by E. J. Edwards. All Rights Reserved.) learned. But he kept tho money in his house, paying it out from time to time for farms and lands he bought or took mortgages upon. It seemed that the man's father, unbeknown to anybody in his family, had bought the bonds at the time they were is sued and hidden them away in the house, and died without saying any thing to anybody about it. He had a miser's hoard from which he drew to pay for the bonds. In rummaging around the attic, preparatory to mak ing some repairs, the son found hla short cut to riches." (Copyright, 1310, by E. J. Edwards. All Rights Reserved On Men. And that leads me to say that men often remind me of pears in their way of coming to maturity. Some are ripe at twenty, like human Jargo nelles, and must be made the most of. for their day is soon over. Some come into their perfect condition late, like the autumn kinds, and they last better than the summer friut And some that like the Winter-Neils, have been hard and uninviting until all the rest have had their season, get their glow and perfume long after the frost and snow have done their worst with the orchards. Beware of the rash criticism; the rough and astringent fruit you con demn may be an autumn or a winter pear, and that which you picked up beneath the same bough, in August may have been only its worm-eaten windfalls. Milton was a Saint-Germain with a graft of the roseate Early-Catharine. Rich, juicy, lively, fragrant, russetlinner old Chaucer was an Easter-Beurre; the buds of a new summer were swelling when he ripened. Holmes. was, it i3 true, a caricature, but he was a caricature which had much of truth in it. "But the event associated with Dick en's first visit to the United States which I always remember with espe cial interest was the grand dinner ten dered to him by the leading citizens of New York. I think I am almost the only man now living who had part In that entertainment." It was in 1897 that Mr. Godwin told me this anec dote. More than 50 years had passed since that dinner took place. "It was known in New York that Dickens greatly admired some of the writings of Washington Irving," con tinued Mr. Godwin. "The story of 'Rip Van Winkle' ho regarded as a gem of fairy tales. He concurred in the Amer ican judgment that Irving was fore most among American literary men. So it was thought that Bickens would be especially gratified if Irving were called upon to preside at the great banquet, and that opinion was correct. "I remember, however, that several of tho gentlemen who made the ar rangements for 'the dinner were in great doubt as whether Mr. Irving would consent to preside or not. They were sure that he would gladly be present, but they thought It would need much persuasion to induce him to accept the post of presiding host. That doubt arose from the fact, then well known, that Mr. Irving could never be prevailed upen to make a speech. He had made one or two attempts earlier and had broken down. "Irving, who had just recently been appointed minister to Madrid, was liv ing in a small two-story house in Irv ing place, and when the dinner com mittee called upon him there and asked him to preside at tho dinner he absolutely declined. Indeed, not until several visits had been made to him was he at last prevailed upon to ac cept the post, when he said, half re luctantly, that he would write a little speech of welcome and commit it thoroughly to memory, but that the committee would have to rely upon some one else to make the chief ad dress of the evening. "Mr. Irving never looked better or seemed more confident of himself than when the distinguished company wes assembled at the table. Dickens eat at his right hand. The company was very merry and companionable. Dick ens himself was in high spirits. "When Mr. Irving rapped for crder, and having secured it, stood' before the company to make the opening ad dress, every one was sure that he had conquered his innate modesty. He be gan in a clear, distinct voice, -but he had spoken only four or five words when his voice trembled, embarrass ment came upon him, and with a curi ous gesture of despair he sank into his seat, his speech unfinished. Dick ens had been warned that Irving might break down, so that he was pre pared for this catastrophe. Quietly, he leaned over and whispered some comforting words to Irving no one ever knew what they were and the feast went on a3 though nothing had happened. "Dickens understood tho tempera mental difficulty which made it Im possible for Irving to speak in pub lic. Ho told some of his friends that it was not uncommon for men who had written great literature to be mute when in the presence of many people." (Copyright, 1310. by E. J. Edwards, Al' Eights Reserved.) S HERE 10 STAY Control and Publicity for Publis Service Corporations. VERDICT OF PROMINENT MAN Theodore N. Vail, President of West ern Union and Telephone Compa-. nles, Recognizes Rights of the American Public. Public regulation of public service corporations has come to stay. It ought to have come and it ought to stay. That is the flat and unequivocal assertion of Theodore N. Vail, presi dent of both the American Telephone and Telegraph company and the West ern Union Telegraph company. It came in the form of his annual re port to the seventy thousand stock holders of the two great cerporations. Although Mr. Vail's advocacy of full publicity in connection with the affairs of such concerns was well understood, nobody In financial circles had antici pated so frank an avowal of full pub lic rights in the shaping of their gen eral conduct It camo consequently as a surprise, not only because of its novelty and squareness, but also on account of the unqualified acquies cence of a board of directors compris ing such eminent and conservative financiers as Robert Winson, of Kid der, Peabody & Co., and Henry L. Higginson of Boston, Henry P. Davi son of J. P. Morgan & Co.; Senator W. Murray Crane, George F. Baer, T. Jefferson Coolidge, Jr., Norman W. Harris, John I. Waterbury and others. President Vail's declaration is her alded as the first recognition by those in high corporate authority of the jus tice of the demand that the public be regarded as virtual partners in all matters that pertain to tho com mon welfare. He goes directly to the point. "Public control or regulation of pub lic service corporations by permanent commissions," he says, "has come and come to stay. Control or regulation, to be effective, means publicity; it means semi-public discussion and consideration before action; it means everything which, is the oppo site of and inconsistent with effective competition. Competition aggressive, effective competition mean3 strife, industrial warfare; it means conten tion; it oftentimes means taking ad vantage of or resorting to any means that the conscience of the contestants or the degree of the enforcement of the laws will permit. "Aggressive competition means du plication of plant and investment. The ultimate object of such competition is the possession of the field wholly or partially; therefore it means eith er ultimate combination on such basis and-with such prices as will cover past losses, or it means loss of return on investment, and eventual loss of capital. However it results, all costs of aggressive, uncontrolled competition are eventually borne, directly or indirectly, by the public. Competition which is not aggressive, presupposes co-operative action, under standings, agreements, which result In general uniformity or harmony of action, which, in fact, is not competi tion but Is combination, unstable, but for the time effective. When thor oughly understood it will be found that 'control' will give more of the benefits and public advan;ages, which are expected to be obtained through such ownership, and will obtain them without the public burden of either the public office-holder or pub lic debt or operating deficit . "When through a wise and judicious state control and regulation all the advantages without any of the disad vantages of state ownership are se cured, state ownership is doomed." "If Mr. Vail is right," says Harper's Weekly, In a concise summing-up, "then it seems pretty plain that, we are entered upon a new era la both economics and politics. And It is high time we did if evolution is to supplant revolution as an efficient force in the development of civiliza tion." Fighting Man. It is man's nature to fight. It is his merit to fight for what he believes to be right. Courage and bravery are not achieved by hiring a lavyer. A man who is not willing to fight to the death for the right or for bi3 own i3 not as good or complete a man as one who is is willing. But opinions about this are not so important as the fact that it is man's nature to fight, and that neither resolv" nor legislation nor provision to get over all kinds of trouble In any other way than fighting will avail. Ellwood Hendricks, in At lantic. More to the Purpose. "Are you in favor of a ten-houi day?" "I don't care anything about tho days," replied young Rounderley, "but it would be a jolly good thing if w could have 24-hour nights." Misguided Energy, "I am bound to make a noi3e in the world," said the determined youth. "But be careful how you go about it," replied Mr. Osage Spouter. "An amateur with a bass drum can spoil the finest symphony ever written." Joyous Economist. "You don't mind high prices?" "No," replied the resolute phllosct' pher. "When prices are high, think tow much more you save every time you decide to get along without som thing." TAR HEEL PUBLIC TALK 5REAM OF CURRENT COUNTY EVENTS CLIPPED AND CON DENSED IN A COLUMN. Southern Pines. The sand hill country In the lower part of the state Is attracting agriculturists from all sections. Hickory. If consolidation of Lenoir college and Mount Pleasant institute goes through, the name of the college will probably be changed. Charlotte. The vital statistics for the month of March have just been issued and show that a total of 42 deaths occurred in the city during the month. .Elizabeth City. The chamber of commerce is considering a proposi tion from a manufacturer of airships to locate a plant for building the air birds in the city. Atlanta. Resolutions thanking Sen ator Overman, of North Carolina, for his support of legislation favoring the dentists were adopted at the an nual meeting of the National Dental association. Goldsboro. Wayne county's oldest citizen, Mr. William Howell, familiar ly known for his military record, run ning back beyond the Mexican to the Indian wars, as "War Bill' Howard, died here at the age of 105 years. Durham. Gen. Julian S. Carr has accepted an invitation to speak to the Sons of the Confederate Veterans Camp of Houston, Halifax county, April 17. High Point. The Guilford County Medical society, which met here in the Manufacturers' club rooms, was well attended. "Nephritis", was the general subject for discussion and elicited much interesting discussion. Dunn. Perhaps the greatest prep aration and the most fertilizers that has ever been known used In this section, will be done this spring, farmers have been working. One firm here sold 15 car loads of mules. High Point. Governor Kitchln de livered the annual literary address at old Trinity high school commence ment in the old Trinity college chapel. Wilson. The Wilson Sunday School association has made great progress since its formation four years ago. From 16 schools with an enrollment of 1,300 schools, it now has 26 schools with a membership of ,237. Elizabeth City. The board of al dermen awarded the entire issue of $120,000 in municipal improvement bond3 to S. A. Kean & Co., Chicago, at par and $1,224 premium. Lenoir. There is a project on foot here with a view to grading a good road to the top of Hibriten mountain a distance of iour or nve nines southeast of Lenoir. From the sum mit of this peak can be seen on a clear day nearly all the towns within a distance of 25 miles. Salisbury. Rev. W. H. Bell, form erly pastor of the Reformed church at Lenoir, arrived at Crescent and entered upon his dutes as superinten dent of Nazareth orphanage, the or phan's home of the Reformed church In North Carolina. Southern Pines. Thirty-five . new families are arranging to settle cn farm3 they have bought near Mont rose recently. They will commence on the new farms along in the late summer after the cotton is laid by at' their present homes. Most of these people are from Anson county. Henderson. The Andrew Jackson. monument, given by the Daughters of the American Revolution, and recent ly erected at Waxhaw, was un veiled with imposing ceremonies on the 12th of April by tho North Caro lina division of that order. There are 16 chapters and 513 members in the State of North Carolina. Southern Pines. A meeting cf del egates from the local Farmers' unions will be held at Carthage the first week in May to arrange for a general gathering of unicn farmers on July It is planned to make the July event one of unusual importance, and speakers cf prominence will be invited Charlotte. A program of unsual in terest has been arranged for the ap proaching commencement of the North Carolina Medical college. It will begin Sunday morning, April 30, with the baccalaureate sermon in tho Second Presbyterian church by the pastor, Rev. A. A. McGeachy. Twenty-eight men constitute the grad uating class. Henderson. The Carolina Light and Power company is now having tho line from Raleigh to Henderson surveyed and expect to have all work completed by early fall. Goldsboro. Relatives of Mr. Bur- ! ton W. West, who died a few weeks ago, near the Eureka section of this county, report that while seme of the family were searching about the house they were agreeably surprised to find $3,000 in currency which had been hid away by the deceased, $1, 400 was found in an old chest and $1,600 in a tin can concealed in the house loft. Winston-Salem. Governor W. W. Kitchln will make the literary ad dress in connection with the 109th annual commencement exercises of Salem Female college, which will open May 20, and close May 24. The baccalaureate sermon will be preach ed by Dr. H. H. Hulton, pastor First Baptist church, Charlotte. Washington. Washington patent attorneys report tho grant to citizens of North Carolina, the following patents: L. J. Hine, Winston-Salem, spike or fastener; L, B. McDonald, Reeky Mount, fruit picker; T. D. Owen, Shcals, spring hec-k. TAXOHTHEFARMERS THE' COTTON BAGGING AMD TIE COMBINES PLANS TO IN ' i CREASE LEVY. Aft APPEAL TO CONGRESS .,. ... , M. f - N$w Orleans Cotton Exchange Sends Letter to Every Congressman Urging Them to Place Bagging and Ties on Free List. New Orleans. That the cotton bagging and its trusts arc planning to increase their levy on the cotton crop to $2,800,000 annually is de clared in resolutions adopted by tho New Orleans cotton exchange. Tho ro.solutioussa'ppeal to congress to place bagging and ties on the free list and urge tho enactment of the necessary legislation at the present extra session of congress. Presi dent V. B. Thompson of tho cotton exchange,, in a letter which he ad dressed to each member of con gress, tells of the great importance to the South. He says in part: "The cotton crop of the South yields annually an average of about 12,000,000 bales, of this total approximately five eights, or 7,500,000 bales, represent ing an average money value of over 55500,000,000, are exported and ex changed for foreign gold. The mere statement of these facts attests the importance of the cottoif produc ing industry, emphasizes the obliga tion which the country at large owes the producer of. this crop and establishes his right to at least just treatment at the hands of the gen-- cral law-making power. "Under the present tariff law tho duty on steel cotton ties amounts to .027 cents per bale of to $324,- 000 on the crop of 12,000,000 bales. This tariff is prohibitive, as is shown by the fact that no steel ties are imported. Therefore the govern-; ment has no share in this impost which continues simply and solely tribute levied upon the cotton far mer for the benefit of tho cotton tie trust. "The duty on jute bagging impos ed by the present tariff law amounts to .05 cents per bale or to $030,000 on the crop of 12,000,000 bales. This tariff is to a large ex tent prohibitive inasmuch as it yields only about $100,000 revenues to the government. The balance of about $453,000 constitutes a tribute paid by the cotton farmer to the bagging trust. "But the bagging trust is not sat isfied with its share of this impost. It desires to raise the duty to a . figure which will not only prevent the government from receiving any revenue therefrom, but will enable the trust to take from the farmer four times as much as it has been able to take heretofore. "From the reasons stated it will ineontestably appear that not only the proposed outrage but the present tax on bagging and ties is iniquitable and wrong; and because the Western farmer has now and has had for more than fifteen years his binder twine on the free list, tho tax upon the Southern farmer stands condemned of the additional vice of discrimination." "Three-Cent" Tom Johnson Dead. Cleveland Tom L. Johnson, twice congressman from the 21st Ohio dis trict, four times mayor of Cleve land, champion of three-cent street railway fare and prominent advo-' cate of the single tax theories of the late Henry George, after a long ill ness, ueain was caused Dy cirrno sis of the liver. He was 57 years old. Tom L. Johnson once referred to himself in a public address as "a stormy petrel" and this metaphor aptly described him and indicated the course of his career. From the lime he entered the office of the Louisville Street Railway company as a boy of 15, until his defeat for a fifth term as mayor of Cleveland on November 2, 1909, he was ever in the center of some storm, poli tical or financial. And ho often said it was thus that he enjyed himself best. . '. Must Admit Colored Women. Ithaca, N. Y. President Jacob Q. Shurman of Cornell university brought to an end the controversy which has been in progress for a few weeks over admitting negro women students to bage college dormitory. In a statement isssued to Mrs. G. S. Martin of the womens advisory council, ho says that all negro women students are to be ad mitted to the privileges of the wo men's dormitories if they -request admission. This settles the question for a time at least. Potash Controversy Unsettled. Washington. The potash contro versy between Germany and the United States, which is of so much impotance to the consumers of com mercial fertilizers in this country, remains unsolved, and the various members of Congress from the South are being pressed' by their constituencies to urge that some thing definite bo done by the de part ment of slate tu bring this mat ter io a close. Congressman Lever wrote a etrongr appeal to the depart ment, urging a hasty settlement.