CAMPAIGN COMTliusunurts.
—
. The Gaxette’s Bryan campaign
fund standi as follows:
Previously reported.$74.25
W. M. Nolen.50
Arthur Win get . 1-00
Cash. 1-00
W. U Thompson. .... 100
W. 8. Henry. I-00
W.^fc Davis.100
*79.76
[ -■■ ■ --
Only, one month of the presidential
i campaign remain*, and If every day
f of that Is as crowded with political
sensations as the last ten have been,
this. wltHruly be the most remark
able presidential campaign on rec
ord.
--7
The Gaston County Farmers’ Un
ion, at a meeting held at Chapel
school house Tuesday night, took a
most commendable stand on the sub
ject of "night-riding.1’ While there
is no suspicion on the part of anyone
t^at the farmers union has any con
nection with the letters of wanting
recently sent to (glnners in this vi
cinity, the most plausible explanation
of the affair is that the letters were
cent by some miscreant whose pur
pose was to bring discredit upon the
union. The -Gaston county union
therefore did well, we think, to take
action with a view to putting a stop
*o such work before it goes any
farther or does any damage to the in
I terests ortho Farmers Union.
Barnett Class Meeting.
The newly organized Baraca Claes
of the Main Street Methodist Sunday
School will meet at the regular Sun
day sr-finnl hour. 9:45, next Sunday
morning, foh the purpose of electing
•f teacher, an^ssistant teacher and a
press reporter. All members of the
class and all who contemplate join
ing are urged to be present.
_ • ..—
Steel Trust not Prosecuted.
John Plerpont Morgan's steel trust
has not been prosecuted by this ad
ministration. It is a combination
in restraint of trade. - It is as truly
, such a combination as Standard Oil.
The antl-trhst law applies to it equ
ally as to Standard Oil, to which it
(pplies with no reservations. The
two greatest monopolies of the coun
try are Standard^lll and the steel
j trust. The StaftarS Oil office™ are
anathema at the government offices
in Washington, as they should be.
The' steel trust officials are welcomed
at -the government offices in Wash
ington, as they should not be.
' - *_ a.
" ’ The State auditor says that there
' will be 400 new pensioners this year.
Many have died, however, and the
Increase may not makerthe total as
' large as last year. The pensioners
will get the same money as last year,
. viz: First class, (72; second, 960;
third, 949, and fourth class and wld
' ows, 926. The people ought to de
mand of the legislature that the old
ooldlen get more money than. this.
HISTORY OF WALL STREI
Interesting Incidents Connec
New York’s Financial D:
Mr. Frederick Trevon Hill, E
September Harper’s Magazine, givi
an interesting though somewhat
brief history of New York’s famous
financial district, Wall street, from
which the following extracts are
made:
As a matter of fact Wall street
was determined at that little dinner
at Jefferson’s house, where Hamilton
had sold New York’s political birth
right to insure the assumption of the
State debt, for most of the public
stock which the treasury Issued to
finance its plan was marketed
through the auctioneering establish
ment located at the eastern end of
the still fashionable thoroughfare.
Indeed, the first “Stock Exchange”
known to the city, opened at No. 22,
about March 1, 1792, was a direct
effort on the part of the auctioneers
to control this business, and It is a
eurious fact that two of the men as
sociated in this enterprise, McEvers
and • Pintard, represented' families
Identified with Wall street’s previous
history. i ' ■
No marked alteration had yet oc
<ina»nJ In Hi a onnoflrnnpo rtf
street, but hnder one-'of the^few
shade-trees^which had escaped de
struction during the Revplutlos
there now gathered daily a small
group of men who acted as brokers
in the purchase and sale of the pub
lic stock, and' their presence gradu
ally effected a change in the charac
ter of the quiet residential neighbor-1
hood. Moreover, it was soon ap
parent that these men had deter
mined to. maintain the foothold they^
had acquired, for they weqe quick to*
resent the combination of the auc
tioneers which threatened to drive
them from the field, and lost no time
in declaring war against all the al
lied firms. At a meeting held In
Corre's Hotel on March 21, 1792,
they resolved to have no dealings
with the monopolists, and on March
17, of the same year, they submitted
to a written memorandum agreeing
upon a definite commission and un
dertaking to give each other prefer
ence In all brokerage transactions.
Such was. the origin of the New
York Stock Exchange, but there was
no immediate attempt Co effect a
permanent organization, and for
some years the trading conducted
under the old buttonwood tree was
almost entirely confined to the mar
keting of the public stocks.
"The.volume of. business 'trans-‘
acted by the brokers during theBO.
turbulent years was not very great,
and the dealings were still limited
to a few stocks, but certain memo
randa contained in the note book of
one of the small group who contin
ued to assemble under the button
wopd tree In 1795 show that some
phases of the brokerage business
were much the same in the eigh
teenth century as they are in the
twentieth. For Instance, In the note
book above mentioned, under date
of February 13, 1795, this entry has
survived: ‘I bet G. McEvers 10 dol
lars to 6 dollars tbat there would not
be 3,000 votes taken at the ensuing
election fpr Governor in the City and
County of New York.’ And again:
‘February 17, 1796, I bet Robert
Cocks, Sr., a pair df satin breeches
tbat Jay would be elected Governor
by a majority of 800 or more.’
‘‘The writer of these engagements
was evidently doing a brisk business
In the winter of 1795, but Jay was
almost the last Federalist upon
whose success at the polls It would
have been safe to count for a pair
of silk breeches or any ether advant
age, for Burr’s polltfcal star was In
the ascendant, and Tammany was
preparing to supply him with what
Hamilton termed his ‘myrmidons,’
and Theodosia Burr called ‘recruits
for the 10th Legion.’ ’’
The contest which the Democratic
party Is conducting in (his campaign
Is a contest against monopoly In all
its aspects, and under whatever
name, in the Interests of the people.
On the other hand, the Republican
party cannot and will not conduct
such a campaign, because it Ib too
closely bound to monopoly to serve
the public Interests. As the Democ
racy Is entirely free from this sinis
ter influence, It may, therefore, be
fully trusted to defend the rights of
the^people whenever and wherever
assailed by the spoliatory Trusts.
Subscribe for The Gazette. #
ton Wednesday and Thursday of this
week.
The first session was called to or
der by Mrs. B. T. Morris, of Gasto
nia, district organizer, at 3 o’clock
Wednesday afternqon. After devo
tional exercises by Mrs. Morris the
address ot welcome on the pairt of
the Llncolnton society was delivered
by Mrs. Plato Miller, and the re
sponse was by Mrs. J. B. Tabor, ot
■Mount Holiy. The remainder of the
afternoon session was largely taken
up with routine work, reading of re
ports and appointment of commit
tees.
A meet pleasant and enjoyable
feature o the conference was the de
lightful reception given the visiting
delegates at the home of Mr. and
Mrs. Wetmore from 5:30 to 7:30
Wednesday evening. —
, At the nlght^cssiwir'after devo
tiojjJ^BSWlSesby Rev. J. E. Gay.
TRTstor of the. Llncolnton Methodist
church, an Interesting and well-pre
pared program was carried out
wuau iuuuucu t uvai duiuo u/
Plato Miller, ot Llncolnton, and
Mrs. B. T. Morris, of Gastonia, and
selections by a male quartette. Mrs.
J. A. Anthony, of Shelby, read an in
teresting and instructive paper on
missionary work among Chinese wo
men, and*Miss Ola Ford, assistant
district secretary, read a ^>aper or
the young peoples’ movement. Miss
Clara ware, o'f Gastonia, read a well
prepared paper on the work of the
Golden Links society.
The closing session of the confer
ence was held Thursday morning
.when reports from all the societle:
of the district were read by the del
egates, reports of various commit
tees heard and discussed, and reso
lutions of thanks to the people o:
Lincolntcn adopted. Shelby was se
’.ected as the place of next meeting
There was a good attendance of del
agates, nearly all the societies in th<
Jl3trict being represented. Thost
attending rom Gastonia were Mrs
3. T. Morris, Mies Clara Ware anc
Mrs. E. D. Atkins. ' ,
OUR CURRENCY MENACE.
—m
The Nuisance and Dinger of on In
elastic System Never Better Bins
•frated Than Now.
New York, Journal of Commerce.
The operation of our existing bank
currency system -is proving ever
worse since, the panic than waB pro
dieted by its most severe critics
When the bank note circulation war
Increased some $80,000,000, in or
der to -meet the currency famine, 11
was generally anticipated that a good
part of this circniation would be
withdrawn when the emergency •as
over. This has proved to be the case
only to a degree re#ich is almost
negligible. The disposition to beep
notes in circulation in the. face of an
accumulation of idle mbney. which
has never been equaled in our his
tdry, fcecruse* the banks have the
bonds,on their hands is a new lesson
of the uns undness and folly of the
system of basing notes upon bonds.
There are several amazing factB.
The first Ie that, after the withdraw
al of about $9,600,000 ta bonds in
January, the to retire
circulation in spite ol
large surpl^^^^HFof legal ten
der mone^^^^^^Knnks and
rates of oi-eriHInt^or thereah^ta
in the New York money
together t!o net reduction ^B
secured circulation from
mum of the panic period has been
$17,600,000, or barely more than
two and a half per cent. Net circu
lation outstanding has declined, even
less—by about *$13,000,000 in all—
because the Treasury has been una
ble to sort out the notes'in proc^j
of retirement from the great mn
received ^M^irrent redemptloMnl
of this Mr notes, of cours? Ie
not in Ml circulation. Some
which have been returned from
'Washington for current redemption,
are no doubt locked up in the vaults
of the issuing banks. About $64,
000,000, moreover, are in the Treas
ury, awaiting distribution either tc
the redemption or the retirement at
count. The situation is, howevef
abnormal and It might easily be dan
gerous if other conditions were not
so fa-vorable to the*maintenance ol
confidence. w'
Such conditions afford- a mild hint
of what would happen to our finan
cial system if there should be a
large issbe of two p>er cent, bonds
to egrry on war or for other purpos
' Richard Olney for Bryan.
If any member of the late Presi
dent Cleveland’s cabinets .has been
lauded by Republicans’ that member
is Richard Olney, who was secretary
of State. Mr. Olney has written ex
haustively this year to demonstrate
that, not only all Democrats should
vote for Mr. Bryan, but that Repub
licans should do. the same. It will
be interesting, not to say edifying,
to read what Republican newspapers
will say of Mr. 'Olney’s statement.
Subscribe for The Gazette.
FRESH shipment Headley’s fine can.
dies Just received; in boxes and in
bulk. Qualify fine, price low. Shel
ton's 6 and 10 Cent Store. ' tf.
j-Mercury says
: collector for
d, near Iilck
fs<;short with
the amount of
inriberg among
|an, named Yo
jrsian minister,
Irom Japan and
Brazil, boys from the
American States. —
Col. Henry Calhoun Eccles. a no
ted hotel man of Charlotte, died lusi
week, aged 73. Ild, wa3 a native of
Clemmonsville, born'; in 1835, and
lived with his parents many years
at County Line, Davt?*Munty. He
did much for Charlotte liHthe way of
spreading abroad her fa^ie, and the
Observer contained at^rappreciative
editorial notice of him Ejriday.
There are so masf Vinemployed
people this year that the laborers in
the cotton belt are otferi^L to pick
cotton at 40 cents a hund^^^^ Last'
season 50 cents and more wl^kffer
ed an^l the laborers were fewljPtbis
year there is no dearth of pickers,
and the chances are that they will
“work for even less than 40 cents.
The Republican panic has put them
in bad shape.
_______
—Monday and Tuesday Oct. B and
C, Damon and Pythias at the Amuse
IJ, benefit Daughters of the Confed
eracy.
REPORT OP THi^CONDITION OP
THE
BANK OF DALLAS
at Dallas In the State of North Car
olimi, at the close of business Sept.
23, 1908.
RESOURCES.
Leans and discounts ....|44,423.30
Overdrafts unsecured . 567.19
Banking Hous^l BlOOgR
Furniture and w
Fixtures ....... 1,000.00 6,000.00
Demand Loans .. 1,858.08
Due from Banks'and *
Bankers .\. 8,446.27
Cash items ...... ..... T5.O0
Gold coin. 467.50
Silver coin, including all
minor coin currency .... 600.70
National bank notes and
other U. S. notes. 1,0,25.00
Total .863,463.04
LIABILITIES.
Capital stock ... ID,000.00
Undivided pfoflts, less cur
rent e$>enses and taxes
paid ... 3,657.56
Bills, payable ....10,000.00
Time Certificates cf De
posit .. 17,381.39
Deposits subject to
check ..:... 22,396.68
Cashier's Checks out
standing . . . . 27.4G
Total .... .$03,463.04
State of North Carolina, County of
Gaston, ss:
I, M.* A. Carpenter, Cashier of the
above-named bank, do solemnly
swear that the above statement is
true to the best of my knowledge
and belief. . ^
M. A. CARPENTER, Cashier.
Subscribed and sworn to before
me, this 30th day of Sept. 1908._.
^ R. S. LEWIS, Notary Public.
Correct—Attest:
J. R.' LEWIS,
o. f. mason;
„ L. L. JENKINS. ■*
Directors.
SEE .
I1 Wolfe Bros.
FOR SPECTACLES ANI) EVE
GLASSES. ALSO FINE WATCH
IMPAIRING.
WE HAVE A NEAT LINE OF
JEWELRY WE WOCLD^E GLAD
TO SHOW YOU. W
OPPOSITE POST OFFICE.
REWARD OFFERED.
Gaston Farmers' Union Condemns
Night-Biding ruid Offers Reward
For Information That Will lead
to Conviction of Anther of Threat,
cning Letters.
To the Editor of The Gazette:
Please publish a resolution and
■
rewai^ offered by the- Farmers' Un
ion of Gaston county at Chapel
school house September 29th, 1908.
It was moved and carried that we
denounce the night-riders and 'those
threatening to burn cotton gins.
It was also moved and carried
that Gaston county union offer $100
reward Tor the conviction of the men
who have threatened to burn cotton
gins or oil mills in Gaston county.
Local unions are asked tojbe oij,
the lookout and to make evWy effort
to nip this movement in the bud.
--S-" J. A. CRAWFORD, Pres.
Other county papers please copy.
Col. Thomas E. Kenan has been
elected for the 4th time as clerk of
the supreme court In Raleigh, for a
term of eight years. The assistant
clerk, Jos. L. Sea well, has been in
office 20 years.
- ■ —
SALK Ot rtwrifirii unuun
MORTGAGE AND DEED OF
TRUST.
North Carolina,
Gaston County.
By virtue of a certain deed 01
trust executed- to me on the 24th daj
of February, A. D. 1906. by Miss Sa
rah M'. Fayssoux, of the city of Phil
adelpbia, State of Pennsylvania, se
curing.to S. N. Boyce and his assigns
the sum of Three hundred Dollar!
($300.00) and interest, which salt
deed of trust is duly recorded in thi
office' of the Register of Deeds o
Gaston County, in Book 64, at pagi
*9; and by virtue of a certain mort
gage executed by the said Miss Sa
rah M. Fayssoux, of the city am
county of Philadelphia, and State o
Pennsylvania as aforesaid, dated thi
24th day of August, A. D. 1907, ti
Geo. \fr.,Wilson, of Gaston County
North Carolina, securing the,sum o
Ore Hundred and Thirty-Five Dol
lara ($135.00), which said mortgag"
is duly recorded in the office of thi
P.egl3ter of Deeds of Gaston County
North Carolina, in Book 68, .page 51
of mortgages of Gaston County; am
whereas, default has been made ii
the payment of the said sums ac
cording to the terms of thejiald deei
of trust and mortgage; now, there
fore, I, Geo. W. Wilson, trustee anc
mortagee, as aforesaid, will offer foi
sale by public auction at the Cour
House door of Gaston County in Dal
las, N. C., on Monday the
2nd day of November, A. D. HKM»
it the hour of 12, o'clock M., thi
property describ4A In the Bald mort
gage, which is as follows:
1-7 undivided ll^^Bt in one towi
lot in the mn ^Jktonia, N. C.
on Main street at the corner of Mail
and Narrow. Gauge streets, being th<
house now occupied by H. D. Shel
ton; said lot bounded on the Nortt
by Ma/n St., on the East by Narrow
Gauge St. and the lands, of Dr. Chas
E. Adams; on the South by tht
lands of Dr. Chits. E. Adama; on the
West by She lands of R. L. Da-vis.
Also 1-^9 undivided interest, sub
ject to theplife estate of Mrs. Lydia
C. Davis, in the' lands on the Nortt
^Ide of Main street In the said Towr
of Gastonia, boundeMfen the Nortt
by the Southern Ralros^fcack; or
the West MHAbe prop^^ of Nea'
Davis; on the East by the Gastonia
Cotton feed Oil Mill, and on the
South by Main street i^he Town o:
Gastonia, together with all the right
title and interest in the lands in th<
estate of Oliver W. Davis, deceased
Terms of the said sale, cash.
Dated the 2d day of October, A
D. 1908.
GEO. W. WILSON,
Trustee and Mortagee.
O 30 c 1 m.
%
New Fall Goods
# V
-—At .. —
We received from our manufactur
ing depWJent and placed on sale a complete
line of muslin.underwear.
'!■'
We are also showing a large and beautiful
stock of the season's latest - designs In KI
MONOS, both short and long. Come and
make you selection while the stock is complete
V . . .'.s.
Yeager’s
The Ladies’ Outfitters
«
IT IS NO IDLE BOAST WHEN WE i
PARED TO SHOW YOU THE MOST *»»»»
THAT IS HANDLED IN THIS MARKET.
FABRICS. FASHION8 AND TAILORING. WITH*
TY^OF PATTERNS TO SELECT PROM, W
MENT8 OF THE CONSUMER HAVE' feEEN
■ v ,__
Brawley CloWii
v
NEW CUIUS FOR TUBERCULOSIS
The Disease Treated Successfully
With Mercury at Naval Hospital,
Colorado. ■
Washington Dispatch.
That tubercutrsls may be success
fully treated with icercury is the
claim made by medical inspector C.
T. Hibbett of the United States Na
vy. who haartranemitted to the Navy
Department a paper written by Naval
Surgeon B. L. Wright on the treat
ment ot tuberculosis with mercury
at the Naval Hospital, Newfort, Col.
The medical inspector says: “We
are almost convinced that mercury,
judiciously used, Ib a specific In the
treatment of tuberculosis In all Its
forms. It should be borne In mind
that some of the cases therein report
ed were at the time that mercury
treatment was commenced apparent
ly at death’b door, and there can be
no doub^ that their lives were saved.'
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