GASTON I A GAZETTE PUBLISHED TWICE A WEEK TUESDAYS AND FRIDAY SINGLE COPY 8 CENTS. .GASTONIA IS A BUSY TOWN. 1.S0 A TEAR Df ADVAJTCC VOL. XXXIV. GASTONL1, N. C. TUESDAY AFTERNOON, A I' JUL 1, 1913. NO. 28. THE SHORT LOCAL ITEMS THE MOVEMENTS JJFJASTON PEOPLE Personal Items About Gaston Folk and their Friends Short Item About People and Thing That Art of Interest to Gazette Reader Condensed for Their Convenience Mrs. H. W. Counts is spending the day in Charlotte shopping. Mr. John F. Love, of Charlotte, was a business visitor In the city yesterday. Chief of Police C. W. Fuller, or Bessemer City, was a Gastonla visi tor yesterday. Mr. Otis Patton, of Rock Hill, S. C, spent Sunday in Gastonla with friends. Mr. J. R. Young and family have moved from East Third avenue to 502 East Franklin avenue. The regular monthly meeting or the Primary Teachers' Club wi'l be held in the library tonight at eight o'clock. The West Airline Avenue team defeated the Mt. Olivet team Satur day afternoon at Mt. Olivet in an in teresting game of baseball, the score feeing 11 to 5. Mrs. Stella MeElhrnnon arriv ed In Gastonia on No. 3" yesterday from Washington and will spend a week or ten days here with her mother, Mrs. J. P. Glenn, who is not at all well. . The regular meeting or the Wo man's Betterment Association will he held Friday afternoon at 3:30 m the Central school auditorium. Hus iness of importance will come up for transaction and a large attendance Is desired. Dr. W. H. Hoffman, who has "been spending the winter at Miami, Fla., writes The Gazette to change his address to Fayetteville, N. C, where he will visit Mr. W. E. Kind ley for a while. He says: "Have had a most delightful winter in Florida and am in good shape." Mayor I. B. Covington and oth er citizens of Mount Holly raised the sum of $52.25 by private sub scription in a short while last Fri day afternoon and sent it to Gover nor Craig to be sent to the relief fund for the flood sufferers in the West. OUR WASHINGTON LETTER. WASHINGTON', March 29. One hundred dollars annually! This Is the amount, the crime of overcapi talization, or watered stocks, costs every American family! This statement flows easily from the pen, but it can be best demon strated by a little arithmetic. Various prominent financial stu dents and authorities are responsi ble for the statement, and their con elusions are wholly sustained by re ports of the I'nited States Commis sion and the published figures of the National Corporation Tax Returns, that about $30,000,000,000 of the stocks of our industrial or tariff trusts, reprecci.t only water. On this stock dividends of about $1,500,000,000 are being paid year ly, amounting to approximately $18 s. person or nearly $100 an American family! This $1,500,000,000 is not picked up out of the streets. Where, then does it come from? The answer Is: from the pockets of the consumers. There is not a dollar of "water" or Inflation In the capitalization of cor porations which deal in commodities, or In railroad or other public serv ice corporations, that does not im pose burdens upon the consumers and producers of this country. The above figures, which may be accepted as fairly conservative in view of the fact that United States Senator LaFollette and various oth--er student of the question assert that the amount of watered stock is -more than double the amount esti mated above, mean this: That an average family of this country is paying a tax of $100 a year in sup porting the over-capltallzatlon or our industries. Can there remain any doubt, then, as to over-capitalization's being one reason, a sister Teason to high tariff, for the ever Increasing cost of living? Watered stock is not only one of the pritne causes for Increased pri ces of commodities, but it is also an Important cause of the present un satisfactory condition of labor. To Tay these .... dividends on watered stock, the trust ' magnates must either hold down wages abnormally low, or raise prices artificially high. The fact 1b they are d,oing both. Over-capitalization, therefore, is obviously one of the most important problems confronting the American -people today. Politicians, for some reason, refer to it less than they should. The subject ought to be one of the foremost political Issues. Five hundred glaring Illustrations of the crime of over-capitalization could be cited. . They would average like this: The Chicago ft Alton was capitalized at $30,000,000. When turned over to the purchasing syndi cate in 1899 it was capitalized at $94,000,000. The people are not going to for ever permit the Perkins' and the Morgan's and other financiers to strap upon their backs the burdens of these enormous over-capitalizations, which constitute one of the principal causes of the Increase In the cost of living. NEWS OF JE COUNTY LATEST FROM OUR CORRESPONDENTS Newsy Letters from Gazette Corres pondents Here and There Over Good Old Gaston What Oar Neighbors Are Doing in the Var iom Sections of the County Per sonal Mention of People Too Know and Some Yao Don't Know. MUSIC RECITAL. Pupils of Miss Pearl Evans Will Give Recital at Iwell Friday night Tho Program. Correspondence of The Gazette. LOWELL, March 31. A musical program will be given by the pupils of Miss Pearle Evans on Friday ev ening, April 4th. An admission o." ten cents will be charged, the pro ceeds of which will go for piano rent. A gooTl piano has been pro cured so we hope the program to be an improvement over the last one. The entire program will be memo rized. It is as follows: "Busy Bodies," by ten little girls. "Le Carrillon,"( Misses Tltman and Cox. "Joyous Peasant" and "Humming Song," Miss Ely Nipper. "Snow Bells," Misses Miller and Lowry. "Sextet from Lucia," Miss Ruth Anderson and S. W. Roberts. "Shepherds Evening Song," Miss Annie Miller. "Will o' the Wisp," Master J. M. Gaston. "Under the Double Eagle," Misses Gaston and Anderson. "Moonlight Dance," Miss 'DJta Lowry. Valse, Miss Miller, Miss Nipper and .1. AT. Gaston. Song. "Who's Afraid," Miss Helen Reid and Master Frank Robinson. "By the Sea," Miss Ruth Ander son. "Bicycle Waltz," Misses Stroup and Gaston. "Little Fairy Waltz," Miss Pallie Modlin. "Danish Mazurka," S. W. Roberts. "Heather Bells," Miss Bessie Cox. "Faust Waltz," Misses Evans and Gaston. "Moonlight on the Hudson," Miss Lydo Titman. "The Shepherd Bc4," Miss Lucy Gaston. "Funeral March," Misses Evans and Anderson. "Girard Gavotte," Misses Evans, Titman and Leonhardt. Lowell Locals. Correspondence of The Gazette. LOWELL. March 26. Misses Ev ans and Brown and Mr. .1. H. Ram seur accompanied Miss l ore home to Lincolnton to spend Easter, going up Friday and returning Monday. Miss Mullins, of Reepsville, Lin coln county has been visiitng Rev. N. M. Modlin's family the past week. Miss Charity Nipier came home to spend Easter from Lenoir. Miss Ethel Brown. of Newton, ac companying her. Also Misses Lou ise Burkhead and Edna Hannon. of Charlotte visited at Esquire Nippers. Misses Mamie and Charity Nip per gave a most delightful party to about 4 0 of their young friends Monday night. The Southern Railway Company is making some changes in the run nnlg of their business here. Mr. Thompson, who has been agent for some time, will be transferred to other work, the telegraph operator doing the work here. Mr. P. S. Kendrick, of route 1, has a right sick child. Mr. S. M. Robinson, Miss Edith and Mrs. Robinson, together with Mr. P. P. Murphy and J. H., Ram seur attended the play, "Diamonds and Hearts," at Dallas last Tuesday night. Mr. S. J. Hand, who has been sick for several weeks, seems considera bly improved but is still in a feeble condition. Cards have been received here an nouncing the marriage on April 9th of Mr. Coit M. Robinson and Msts Ama Pearl Smith, of Liberty, S. C. Among the out-of-town people here last night to hear Miss Flor ence Austin were Mr. and Mrs. W. T. Love, Mrs. J. W. Moore and Miss Alice Daniels, of Spencer Mountain, and Mr. and Mrs. J. M. Wilson, or Lowell. Special police officer ' J. Robert Fffridge, of Charlotte, was shot ana killed Saturday night In a negro moving picture show where he was on duty. Another officer named Wilson was also injured. The kill ing was done by Ivey Torrence, a negro, who made good his escape. The tragedy caused a panic In the building which was crowded. . Statesville women are " petloning the aldermen of that town to allow the people to vote on the proposi tion of appropriating $500 or $1,000 annually for the support of a Carne gie Library. The ironmaster pro poses to give the town a $3,000 li brary If the town will appropriate $500 annually for its support or a $10,000 library If tho town will give $1,000 annually for Its support.' Farmers, garden en said pool try men will find somettilmr of interest to them ta The Gazette almost every week. 8abcribe and keep an. I. J. P. MORGAN DEAD WAS WORLD'S 6REATEST FINANCIER Famous American Capitalist and Fi nancier Passes Away at Ilomr, Where Long Search for Health Ended Markets Only Slightly Affected Brief Sketch of Won derful Business Man. Rome, March 31. J. Pierpont Morgan, the American financier, died at five minutes past twelve o'clock noon today (6:05 a. m., New York time.) Drs. M. Allen Starr and George A. Dixon and Prof. Giuseppe Bastlan elll visited Mr. Morgan for over an hour this morning, examining all or his organs minutely. Artificial food was administered in their presence besides Injections aiming to strength en the heart, calm the nerves and regulate circulation. When the death of Mr. Morgan was seen to be rapidly approaching. Professor Bastianelli and Dr. Dixon forced Mr. and Mrs. Herbert L. Sat terlee, his son-in-law and daughter, and Miss Helen Hamilton, who had been in constant attendance, to leave tho room. Mr. Morgan toward the end show ed that he was suffering internally only by1 a movement of his right hand. Otherwise he displayed no signs of vitality except by the con tinuous heavy breathing. Death Announced in New York. New York, March 31. Henry P. Davison, a member of the house or Morgan, made the announcement here of Mr. Morgan's death. He said merely that he had received a cable that the financier had passed away shortly after noon. Mr. Dav ipon had planned to go abroad some time this week, but it is thought possible that this trip will be post poned. Coincident with Morgan's death it became known that he had sus tained a serious attack before his departure for Europe, but had ral lied so rapidly that it was not con sidered a forerunner to fatal illness and was not made public. LITTLE EFFECT ON MARKETS. Prominent bankers in this city said this morning that they did not pred'et any decided unfavorable ef fects on the stock market by reason of Mr. Morgan's death. The reason of this, they explained, was that the recurrent rumors of his serious ill ness had prepared the market for any possibility and enabled those engaged in market operations to prepare for such a situation. The stock market bore up well un der the news of Mr. Morgan's death. Opening prices showed declines which in almost no case exceeded a point. Supporting orders rallied the market quickly. Trading showed no evidence of nervousness. A WONDERFUL CAREER. John Pierpont Morgan started his business career half a century aeo on the board of directors of a laree maritime Insurance company. He secured the position through the in fluence of his wealthy father. For a year voting Morgan attended the di rectors' meeting, but never opened hl mouth, except to vote. The president of the company told the elder Korean that nothing could be done with his son, who seemed to take little interest in business. Vnung Morgan, however, all the time was laying his plans for his first, railroad consolidation, which when accomplished, established his standing in Wall Street as the only man who ever got the better of Jay Gould. The president of the insurance companv had mistaken taciturnity for indolence. The sobriquet of "sphinx" of Wall Street later was applied to the man who at first was believed to have been without busi ness acumen, but later became the supreme head of the finances of the American continent. Morgan's control over men and monev was the dominant keynote or his life. Others, perhaps, were wealthier than Morgan, but he now command ed his wealth and that of others. At the height of his power he ts said to have controlled nine billions of dollars. In addition to finance, art, litera ture, philanthropy and snort all came under his Influence. His pres tige was not confined to his own country kings and emperors and even the Pope were wont to call him Into consultation. FROM AN OLD FAMILY. Mr. Morgan came from pn old New England family whose history dates back in this country to 1636. He was bom in wealth and his father Junius Spencer Morgan, left him $10,000,000. J, S. Morgan had ac cumulated his fortune In the dry good business with Levi P. Morgan and later as an associate of George Peabody. merchant, .banker and phi larrbrordst. J. Pierpont Morgan was born April 17. 1837. In a modest red brick cottage in Hartford, Conn. As a youngster h's tendency to "write toetry gave him the nickname or "Plen." When he was 1 4 Morgan was sent to Boston to the English high school. Ke showed a particular bent for mathematics, but had no gifts indi cative of unnsual mental power. Probably his first attempt at finance tookplace in Boston. The school teacher gave him money with which to buy erasers. Young Morgan waa gone for a long time. When he returned he handed the THREE KILLED III WRECK ACCIDENT ON WESTERN DIVISION Southern Freight Train Derailed at Conover and Engineer, Couductor and Fireman Are Killed. Charlotte Observer, 1st. Hickory, March 31.' Conductor E. V. Boyd, of Asheville, Engineer W. M. Eagle, of Spencer, and Fire man A. L. Huddle, of Asheville, were killed in the wreck of west bound freight train No. 73, about 4:30 o'clock this morning at Oya ma, a small station about four miles east of this city. A young man who was beating a ride, giving his name as Ray Pope, of Asheville, had a leg seriously crushed and lacerated. The engine, supposedly on account of a broken rail, left the traci-: at a roadrro8sing and ran on the crose ties for about 50 yards. Then it overturned, carrying the engineer, fireman and conductor to thetr deaths. The engineer was thrown clear of his engine, but was caught In a wire fence and before he wan able to extricate himself was bca'ded to death by steam from the locomo tive. The conductor and fireman, who were both on the left side or the cab, were caught beneath the engine and mangled almost beyond recognition. As soon as the news of the wreck was received here, physicians were rushed to the scene In automobiles, but the young man who was beating a ride was the only one who needed their attention, as the other men were already dead. His wounds were dressed and he was removed to a nearby residence, to await word from his home. His leg, which was badly crushed, will probably have to bo amputated. Section Master Eugene Bumgar ner had a tinger mashed off while removing Pope from between the cars, and Mr. James Miller got his hand badly mashed. Wrecking crews from Salisbury and Asheville were called out, and late this afternoon had the track clear and trains were running through. Eighteen cars left the track. These were plied up for a considera ble distance, and goods and wares scattered in all directions. Traffic was blocked for 10 hours, trains Nos. 11 and 3fi being annuel led. No. l.r, due here at 7 a. m., and No. 22 at 12:10 p. m. transfer red passengers at the scene of the wreck. The morning train on the C. & N.-W. was also annulled. It will take several days to clear up the cars and merchandise that were smashed In the wreck. The loss to the railroad Is quite heavy. The lo comotive, one of the most powerful on the road, is a complete wreck. Several other wrecks have occur red near this place within the past few months, although It is a straight stretch of track. The Arkansas Supreme Court has decided that State Senator F. M. Futrell, acting President of the Sen ate, is the legal acting Governor of that State. Senator W. Boldham, who vacated the post of presiding or flcer of the Senate to take that of acting Governor after the election of Governor Joseph T. Robeson to tne I'nited States Senate, is thus de posed. The two claimants for the acting governorship had maintained offices in different portions of the capitol. Mr. C. A. Eury, managing editor of the Carolina I'nion Farmer, of Raleigh spent Saturday and Sunday here with Mrs. Eury and little son, who are visiting Mrs. Eury's par ents, Mr. and Mrs. J. J. Kincaid. teacher the tracers and also some change. "What's this for?" asked the teacher. "I gave you jusi enough to buy the casers at tne price I have always paid for them." "Oh," replied young Morgan, "I went around town until I could find a place to buy them at wholesale." For two years after graduating from the Boston high school Mr. Morgan was a student at Goettingen, Germany. At 21 he embarked upon his career as a banker. Of J. P. Morgan, financier, and of his achievements all the world knows. Few men have been more widely feared, yet more generally trusted. Those men who met him only In a business way saw a man rough, emphatic and repellant, in accessible as the Emperor of Russia when he chose to be, known as the worst man in the world to Interview and as a man who believed absolute ly in himself and apparently never questioned the correctness of his methods. His friends, however, knew him as a simple unaffected companion, an interesting conversationalist, with keen wit and genial humor. Once a woman asked him why he kept on accumulating money when he already had more than he need ed. "I do not love money." Mr. Mor gan Is said to have replied. "But I do enjoy the excitement, the fun of making It." Business was not all to the life of J. Pierpont Morgan. His office hours were short and at the close of his business day he left his office and his business behind him. Woe to the oerson.who then approached him on business bent. He cared little for society but was fond of a good dinner in congenial company, of rare wjnes and big black cigars. Wines he partook of with modera tion. To cigars he was almost a slave. Ill SOCIAL CIRCLES LATEST EVENTS JJrVOIflAN'S WORLD HER SEVENTH BIRTHDAY. Little Miss Eugenia Davis, daugh ter of Mr. and Mrs. W. N. Davis, has sent out Invitations to a party she will give for her little friends at her home on South York street tomor row afternoon from 3 to 5 o'clock In celebration of her seventh birthday. MISS MORRIS GRADUATING RECITAL. Miss Margaret Josephine Morris, daughter of Mr. and Mrs. B. T. Mor ris, will graduate In music at Greensboro College for Women, at Greensboro, this year. Hand somely engraved Invitations have been received here to her graduat ing recital which Is to take place Thursday, April 10, at 8:30 p. m. WILL ENTERTAIN FRIENDLY MATRONS. Invitations reading as follows have been sent out: Mrs. Louis Frederick Wetzell Mrs. Joseph Winston Tlmberlake will receive Thursday afternoon, April the third five to six 320 West Airline Avenue Friendly Matrons IN HONOR OF MRS. METCALF. At her home on Chester street this afternoon from four to six Mrs. W. L. Balthls will entertain a num ber of friends at an informal tea In honor of Mr. Balthls' sister, Mrs. It. C. Metcair, of lickport. N. Y., who arrived Friday to be the guest of Mr. and Mrs. Balthls for -several weeks. IN HONOR OF 1 SITING ARTISTS. In honor of Miss Florence Austin and Mme. Hallby-Merson, of New York, the artists who gave such an enjoyable concert at the auditorium Monday night. Miss Lillian Atkins was hostess Monday afternoon to the members of the Music Club and her violin pupils, who were Invited to meet the noted musicians whose com ing to the city proved so rare a treat to Gastonla music-lovers. The Vis iting artists rendered a number or selections to the great delight or those present, after which refresh ments were served. Miss AiiRtin and Mme. Hallby-Merson left this morn ing on train No. 37 for Texas, where they are to give a series of concerts in the larger cities of the State. VIOLIN CONCERT LAST NIGHT. The violin concert given at the Central school auditorium last night by Miss Florence Austin, the noted violin virtuoso, under the auspices of the Music Club, was one of the greatest treats In the musical line ever enjoyed by a Gastonla audience. From'the moment "the program was opened with the soft tones of the Reverie, written and dedicated to Miss Austin by Ovide Musln. to the last note of the brilliant Zlgeuner welsen, she held her audience spell bound. She was compelled to give an encore to every number on the program, so eager was the applaud ing audience to hear as much as possible of her wonderful music. The Humoresque by Dvorak which she gave as an encore was so enthusias tically received that the first few measures were drowned In applause. Miss Austin Is an artist of rare ability, having a faultless technique and a broad, full tone which places her in the first rank of living virtu osi. The piano numbers given by Mme. Hallby-Merson, the accompan ist, showed great skill and virtuosi ty, as did also her accompaniments to the violin-numbers. She was at her best In the Liebestraum by Liszt. Her rendition of Chopin's Scherzo in B Flat Minor was so enthusiastical ly received that she was obliged to respond with an encore. Altogether the program was one of exceptional merit, being of a high order which is rarely ever to be heard In a city of the size of Gastonia. The music loving public of the city Is under lasting obligations to the Music Club which as an organization Is greatly to be congratulated on the success of Its efforts to bring these notea artists here. It Is to be hoped that other artist concerts of equal merit may be secured from time to time. PAGE GOES TO ENGLAND. North Carolinian, Editor of World s Work, Accepts Appointment to Court of St. James. Dispatches from Washington yes terday afternoon carried the news that Mr. Walter H. Page, editor of The World's Work, had been ap pointed ambassador to England by President Wilson and that he had accepted. Mr. Page is a North Carolinian, a member of the well-known Page family of this State which has fur nished public life with a number of public men of prominence. Mr. Page, as editor of The WorU'g Work, has made a reputation that Is more than national. He was talked of seriously for a cabinet position and it was thought by many that he would be made Secretary of Agricul ture. He is a man of wide attain ments and will represent-Uncle Sam ably at the court of St. James. Another Mad Dog Killed. ; Mr. Clarence Bell, who lives - oni route four from Gastonla, yesterday killed a mad dog. Fortunately the dog was put out of the way before) It had bitten anybody. So far. as known It did not bite any other dog. Special Services at New nope. We are requested to state that special services preparatory to the) . , regular spring communion on Sun- 'V day, will begin at New Hope Pres byterian church Wednesday night. The hour of services are 10 a. m. and 7:30 p. m. In these series of ' meetings the pastor, Rev. R. S Burwell, will be assisted by a for mer pastor of New Hope, Rev. W. 5 ' E. McElwaine, of Charlotte. Change at Depot. Several changes In the clerical force at the depot became effective) yesterday. Mr. G. P. Featherstons. ' who has been baggage clerk for some time, goes to Lowell to become assistant agent. He Is succeeded as baggage clerk by Mr. Giles Smltn. who is promoted from warehouse) clerk. Mr. Smith Is In turn succeed- ' ed by Mr. A. T. Randall, of Chatta nooga, Tenn. Will Carry Goods Free. Mr. G. C. Andrews, local agent for the Southern Railway, Informs Theij Gazette that the Southern and con necting lines will transport free of charge all clothing, articles of foo! or other goods for the relief of the) flood sufferers In Ohio, Indiana, Kentucky and West Virginia. The railroads of the country generally are manifesting a most commenda ble spirit of humanity in doing what they can to relieve the suffering la the flooded district. To Take Pasteur Treatment. Mr. Banks McArver. who Ifvaa Ranlo between Gnntnnln and T.nw-11 on the Interurban, left Gastonla on No. 3fi yesterdav mortiln for Pat. elgh where he will take the Pas- -teur treatment. Last Thursday week ago a bull dog belonging to .ir. .i. ij. inompson, depot agent at Lowell, bit Mr. McArver In th ltx as he was running to get In an au tomobile. The wound was a very slight one, however. The dog was acting strangely and. fearing that It v might be rabid, some one killed the dog. As a precaution Mr. McArver will take the treatment. Mountain School to (lose. The Mountain school, south nf Gastonla, taught by Mrs. T. B. Black, will close Friday of this week with an entertainment. Tt. ginning at 2 o'clock In the afternoon a nag-raising will be held, consist- ' Ing of drills, pantomimes, songs and recitations, followed hv an nrirfraa ' by Mr. A. E. Woltz, of the Gastonla -bar, after which a large flag will be raised on the school house. At ' night, beginning at 7:30 o'clock, the school entertainment will begin. This school has been verv Rtipremifiil . this winter under the direction of Mrs. Black. It Is one of the pro gressive schools of the county. Another Efird's Store. To Its already large string of " stores the Eflrd's are adding still an- other. It is at Rock Hill, S. C, and will probably open for business next week. An excellent three-story building In the very heart of the -town has been secured and put In ; readiness for opening. Mr. J. W. Eflrd. of Charlotte, is to be the manager. This enterprising firm si- ready has stores In Gastonia, Con- ' cord, Charlotte and Winston-Salem. The Eflrd's are hustlers and have been wonderfully successful with all of their enterprises so far. Elsewhere in today's Gazette Mr. J. White Ware, trustee of R. P. Parker, bankrupt, advertises that he will sell at public auction at the court house door In Gastonia at noon on Monday, April 28th, the uncol lected accounts together with cer tain pieces of real estate of the bankrupt. Mrs. Edna Price Dead. Mrs. Edna Price, mother of Mr. J. L. Price, secretary and treasurer of the Catawba Mutual Life ft Heal til Insurance Co., of Gastonla, died Monday, the 24th, at her home near Unlonville, Union county Deatft was due to paralysis and came after an illness of less than two weeks. . Funeral services were conducted the following day at the home by Rev. , A. March, pastor of the Baptist church, of which deceased had long been a loyal member, and Interment was made in the Price family bury ing ground. Mrs. Price would have been 70 years old had she lived till the 7th of this month. She Is sur vived by her husband, Mr. E. A", Price, and the following children. J. L. Price, of Gastonla; R. C. Price, of Monroe; Miss Fetus A.: Price Unlonville; R. F. Price, Charlotte; Mrs. Cora E. Hargett. M6nroe. and E. J. Price, of Wadesboro. Mr. J. JU",' Price was at his mother's bedside during her illness and at her deata and returned to Gastonia last Wed nesday. , . -. v-. C .4