flail WEATHER Fair today and Friday; light to fresh west winds. The News -A paper for all the people and for the psople all the time. Read it and keep posted. VOL. III. NO. 81 LAST EDITION. GBEENSBOEO, N. C., THfDAY, JANUARY 9, 1908 LAST EDITION. PBICE FIVE CENTS 'A LOWER HOUSE'S CURRENCY BILL IS AGREED UPON XV Measure Provides for Retirement of National Bank Bond Secured Currency. ASSET CURRENCY TO TAKE ITS PLACE Chairman Fowler, of the Fall House Committee, Says That. Now. Is the Proper Time for the Carrying Out of Many Needed Reforms. Washington, D. C, Jan. 8. The sub committee of the House committed on banking and currency to which was en trusted the framing of a bill to increase the elasticity of the currency reached a conclusion today, and will report favor ably to the full committee a hill drawn by Chairman Fowler, of the committee. The bill will be introduced by Mr. Fof ler and referred to his committee, where it will be the working basis for the framing of bill. The bill provides for the complete re tirement of all present outstanding na tional bank bond-secured currency and authorir.es in lieu thereof a currency based upon general assets of the banks, in this way; ' The comptroller of the currency will designate throughout the country cer tain redemption cities, so that there shall be a redemption city within at least twenty-four hoars reach of every national bank. The national banks will indicate to the comptroller of the cur rncy to what redemption city thev wish to bo joined. The comptroller will then (Continued on page Two.) 01 STATE DELEGATION LAIN FORJVAR IN WORLD Meeting of North Carolinians In Congress Adopts Resolutions to This Effect. THE PEOPLE SHOULD UNITE BY JOHN E. MONK. Washington, D. C, Jan. 8 At a meet ing of the North Carolina delegation in Congress today, a resolution was adopted favoring tho substitution of law for war, and also suggesting that a peace conference be held in the state lor the purpose of uniting the people upon those Ideas which must form the basis of any international house of jus tice. The resolutions in full follow: ' "Whereas, it is proposed to hold a North Carolina peace congress on the first annual meeting of the North Caro lina peace socioty, for the purpose of uniting the people of North. Carolina upon those ideas which must form the basis of any international house of jus tice that can hope to substitute law for war, in whole or in part; "Resolved, by a meeting of the North Carolina delgation in the United States Congress, that the holding of such a peace congress in North Carolina is heartily approved, and will be promoted in all proper ways consistent with the duties imposed by membership in the national legislature. Resolved, further, that the members of Congress take this opportunity to ex press the hope that the people of North Carolina, without regard to political or religious opinion, will unite to make the proposed peace congress worthy of the cause of justice and law, a substitute for injustice and war, and worthy of the jiervious history of our state in all truly progressive and practical movements in augurated in the interest of humanity ana for the establishment of right. "Resolved, further, the North Carolina members of Congress will gladly serve with the proper lawmakers of the state as the legislative committee of such a congress. Ilayne Davis, formerly of Salisbury, now of New York, is taking an active interest in the movement to settle dis putes among nations by arbitration, and it was at his instance that the North Carolinians passed the peace resolution today. ' FOR $100,000 PUBLIC BUILDING AT FAYETTEVILLE Washington, D. C, Jan. 8. Represen tative Godwin today introduced a bill appropriating $100,000 for the construc tion of a public building at Fayetteville; also a bill providing for regular terms of the Circuit and District courts at Fayetteville. Representative Thomas offered a meas ure Authorizing a survey of that part of Rogue Sound contiguous to the town of Morehead. Yes, Advertising Does Pay. GOVERNOR CALLS EXTRA SESSION FOR JANUARY 2 Issues Pro clama Hon Convening Leg islature for Purpose of Straighten ing Out the Railroad Rate Ques tion Writes Letter to People at Same Time. Raleigh, N. C, Jan. 8. Governor Glenn tonight, after a session of the council of the state, Issued his procla mation for a special session of the gen eral assembly of North Carolina, to be gin on Tuesday, January 21. The proclamation elates that the spe-, cific purpose of the extra session is to change, modify, straighten or repeal the railroad passenger rate of 2Vi cents a mile passed at the last session of the legislature. With the . proclamation Governor Glenn issued a letter to the people of the state, in which he sets out the specific act to be presented to the legis lature, saying that the terms offered by him to the railroads have been ac cepted by all but one, and this road (the Atlantic Coast Line), accepts all the terms except an agreement for an intra state rate, saying it has no power to do this, tho governor adding, "but doubt less circumstances will regulate this rate as requested." He states that the legislature will be asked to increase the 24 cent flat rate to 2'i cents, with a charge of 15 cents extra for passengers who fail to buy tickets, an. I to repeal the present law and the penalties. If this is done the railroads agree to the flat 2V4 cent in trastate rate, and also to issue 2,000 mile books, intrastate, interchangeable with solvent roads, good for heads of firms and employes' not exceeding five at two cents a mile. One thousand mile books, intrastate, limited to one person at two cents a CALL ISSUED FOR A JOINT MEETING OIG CDTT0NDRGMII7ATIDNS One-Third Curtailment In All Lines Yarn Manufacture . Is Probcble, AT CHARLOTTE JANUARY 18 Charlotte, N. C, Jan. 8. An import ant call was issued today for a joint meeting in this city of three big cotton Organizations, the Southern Soft Yarn Association, the Southern Hard Yarn Association and the executive commit tee of the North Carolina Cotton Manu facturers' Association, the meeting to be convened on the 18th instant. This great gathering of cotton manu facturers is rendered imperative on ac count of the slackness In the yarn mar ket. It is approximately over two mil lion spindles.. A one-third curtailment in all lines of yarn manufacture is most probable, as such has been effective since November 20 in many mills, and the outlook is so far from what the manufacturers desire, that they will in all probability agree that the three or ganizations continue on one-third curtailment. The curtailment now in effect has al ready had a good effect on the market, it is generally admitted. Fire In British Steamer. Queenstown, Jan. 8. The British steamer Ikbal, from Galveston and New port News, for Liverpool, passed Brow head today and signalled that there was fire in her hold, but that it was under control. SEA- 0PEN5 JANUARY LAST ARCH TO KNIGHTS KEY COM PLETED AND TRAINS S00N WILL BE RUNNING. Jacksonville, Fla., Jan. 8. The Flor ida East Coast railway will, on Jan uary 10, open the new road from Miami to Knights Key, the last arch having been completed a few days ago. Already steamers are plying between KnighU Key and Key West and Ha vana, making the trip in six hours, and on and after January 16 the magnifi cent tourist trains will run through t4 Knights Key. It is expected that the traveling time between New York and Havana will be shortened one day by the new route, known as the Sea-Going Hailroad. , mile. Five hundred mile books, intra state, at 2 cents, good for heads 'of families and dependent members, names to be furnished. All except 600 mile books to apply to interstate travel in companies' lines in Virginia, Tennessee, North Carolina, South Carolina, Georgia and Alabama, and on other roads if they agree. All books are to be good for one year and to be redeemable, charging for the part used 2Vi cents per mile. Governor Glenn says that he consid ers those terms as just and equitable, and that it is better for the state to accept and to advance the rate from 2 cents to 2Vu cents, as intrastate mileage books at two cents are obtained. Ife states that it is agreed those rates arc to prevail for one year, and if found ob jectionable, power is to be given the state corporation commission to modify them subject to appeal, and that the railroads agree to pay $17,500 toward the expense of convening tho legislature and for court costs. "I tried to get the family mileage books fixed at two cents," says the governor, "but the railroads contended witli some force that this would vir tually put a rate of two cents in vogue in this state, which was too low. The state agreed to the 2 cent rate for this class of mileage book. South Caro lina, Georgia, Alabama, Tennesse, and probably Virginia, will havo the same rates, thus giving a uniform system throughout the entire south, which is a thing very much to bo desired." GRAND LODGE MASONS CONVENES IN RALEIGH NEXT TUESDAY JAN. 14 Rerort Will Be Most creditable In the History of the Fraternity. 18.000 MASONS IN THE STATE Raleigh, N. C, Jan. 8.-The North Carolina grand lodge of Masons : will convene in annual session next' Tues day, January 14, continuing in session through Friday. Grand Secretary John C. Drewry says the report of the pro gress of masonry for the past year will be the most creditable in the history of the fraternity in this state, showing among other things, that the membership has grown upwards of fifteen hundred, bringing the grand lodge of Masons in the state to about 18,000. The funds raised for various purposes will be much in excess of any previous year, this too, aside from the money raised toward meeting the nxpcnsc of the erec tion of the grand lodge temple going up in this city, which has been gratifyingly large. This term will bring to a close the ad ministration of Hon. Francis D. Winston as grand master, so that there will be an election of a successor. This means that Hon. S. H. Gattis, of Orange county, now senior grand warden, will bo ad vanced to the high otlice of grand mas ter, bringing about a general promotion down through the ranks of the grand officers. The administration of Grand (Continued on page Two.) NO FARTHER FATALITIES FROM SOUTHERN RY. WRECK List of Injured Is Now Nearly 100 and Hopes Are Entertained for Recovery of Those Most Seriously Hurt. Atlanta, Ga., Jan. 8 The deaths as the result of the wreck of section two of the Collvcr special, on the Southern railway, which went through a trestle near Hiram, Ga., yesterday, remained at three this morning. ; Mrs. Emma Hoover, of : Cleveland, Ohio; Miss Florence A. Studebaker, ' of Cleveland, and Dr. R. W. Griswold, of Ashtabula, Ohio, who were the most seriously hurt, are tonight said to be resting quietly, and hopes are enter tained for their ultimate recovery. All the others injured aro doing well and the doctors expect their recovery. Tho list of injured reached nearly 100 to day, many of the hurts being of a minor character. , A sk the Man N DENOUNCED FARMERS AS FINANCIERS' PLOT Money Power and Speculators Blamed for the Periodic Depressions. SAY GOVERNMENT SHOULD ISSUE MONEY Declare That Congress Should Enact Legislation Requiring That All Money Be So Issued, and That Citizens With Land Collateral Can Sorrow. Memphis, Tenn., Jan. 8. Important resolutions were adopted by the Farm ers' F.ducational and Cooperative Union of America at its session today. The committee on resolutions' -made' the fol lowing report, which was unanimously carried: 'Ve. your committee on resolutions, find from our examination of the many resolutions that have been submitted to us for consideration, that fully, !)0 per cent, of the same pertain to the present financial depression, and we have col lected from the number the following resolution, which we think covers the main scope intended by the many reso lutions submitted to us; and in sub mitting this resolution the committee recommends that it do pass, and same be referred to the national legislative committee of the Fanners' Union in Washington, and they be- requested to urge on Congress the immediate passage of such a law: "Whereas, the history of our country shows that panics are frequent and are considered by the best financiers to be due at regular intervals, greatly to the detriment of the debtor class, "Therefore, be it resolved, that we ask Congress to pass a law by which all money shall be issued by and under the direct control of the government, and that all -citizens, with land collateral shall at all times have the privilege of borrowing at not to exceed 5 per cent, per annum. '-'.-.-. "Be it further resolved, that we fa vor the immediate issuance of not less than $500,000,000 of legal tender treas ury notes and the lending of tho same, together with any surplus that may be in the United States treasury, direct to the people to aid them in marketing the present cotton crop. "Be it further resolved, that we fa vor the passage of a law by Congress prohibiting the buying and selling of cotton futures, and all other farm pro ducts, or gambling in agricultural pro ducts in any manner. "Be it further resolved, that we de nounce the soealled money panic as a conspiracy on the part of the money power and speculators for the purpose of serving notice on the farmer , that he must be contented to allow others to price his products." COMMISSION MERCHANTS MEET IN SAVANNAH Savannah, Ga., Jan. 8. The sixteenth annual convention of the National League of Commission Merchants began here today. Gov. lloke Smith made the principal address. He discussed "'Transportation Prob lems," and urged amending federal and state laws so as to make the state rail road commission and the interstate com merce commission absolute judge of all fnots in cases presented to them without the right of appeal, except upon ques tions of law. President Charles A. Muehlbronner, of the league, made his annual report. Receiver for Lumber Company. : Houston, Tex., Jan. 8. As a result of the suit of W. F. N. Davis, brought re cently to recover a one-fourth interest in the property, J. M. West has b.n appointed receiver for the Trinity County Lumber Company, a concern with a capital stock of $000,000. Most of the 200 passengers who were aboard the train are at Atlanta hotels today, having bruises and contusions treated. That their escape from death was remarkable all admit. Only the heavy construction of the Pullmans saved them when the trestle gave way and let four cars into the mud of the nearly dry Copper Aline creek. Ono car cracked in the center, pinning Jack Roth and his wife, both of Eric, Pa., between the seats. Both held up the fall ing berth until he could exlrie.ito him self nnd crawl through a window with Mrs. Roth. The cars did not turn over in their descent. Most of the passengers will remain in Atlanta for several days nnd then re turn to their homes. A few wfll continue their trip to Cuba and to points in Flor ida. . Who Advertises in the Daily ACT ON BEGUN TO EQUALIZE RATES The North Carolina Corporation Commission Starts Ball Rolling, DEMANDS THE GRANTING OF VIRGINIA CITY RATES Pioceedings Begun Before Interstate Commerce Commission for the Pur pose of Obtaining Opportunity for Competition With Neighboring Cities. BY JOHN E. MONK. Washington, D. C, Jan. 8. The North Carolina corporation commission today began an action before the interstate commerce commission against the Nor folk and Western, the Louisville and j Nashville and the Big Four, which roads, it is alleged, discriminate in the matter ' of interstate freight rates against North Carolina towns. The petition states that the railroads named charge ''approximately, fifty per cent, higher rates in North Carolina than in Virginia. The Norfolk and Western has direct connections from Cincinnati and other points west to Winston and Durham and intermediate points. It is claimed that rates equal to those in Virginia would enable reshipmciits to all North Carolina points and would re sult in the building up of a jobbing and wholesale business in the state, and which is now conducted largely in Vir ginia as a result of the favored rates. The petition filed is the inauguration of the movement which the state com mission has had under consideration for the past year looking to a reduction of freight rates in North Carolina. Action was taken against the western roads because of a belief entertained by the commission that the mere statement of the conditions prevailing in the two statu sustains the conventions made. The petition was filed on behalf of the North Carolina commission by Chairman Franklin McNeill. Chairman McNeill returned. to Raleigh- tonight. Taylor Family Marriage. Washington, D. C, Jan. 8. Miss Katherine Taylor, daughter of Senator Taylor, of Tennessee, nnd Matthew H. Taylor, son of Robert Taylor, of Tren ton, Tenn., were married here today. L EFFEGTSDRGAS1ZATI0K Governor Swanson In His Message Urges the Need for Economy. LITTLE BUSINESS IS DONE Richmond, Va., Jan. 8. The general assembly of Virginia organized at noon today by the election of Richard K. Byrd speaker of the House and Edward Echols president pro tern, of the Senate. The i .her officer for the two houses nominated bv . the Democratic caucus last night were' elected.. ilie governors message was then laid before both houses. After the reading of the message and the introduction of several bills both houses adjourned. L FOR CEDAR FALLS AUTHORIZED CAPITAL $15,000. COTTON PICKER COMPANY FOR HENDERSON. Raleigh, N. C, Jan. 8. The Cedar Falls Manufacturing Company, of Cedar Falls, Randolph county, was chartered today with $125,000 capital authorized, for operating cotton mills, the incor porators being J. S. McAllister, L. K. McAllister and John Swcaney, of Spray. Another charter is to the N. M. Hen derson Cotton Picker Company, of Hen derson, capital $100,000 authorized, and $5,000 subscribed, by X. M. William son, L. W. Barnes, J. L. Cnnin and A. V. Babbitt. - The Rowland Hardware Company, of Rowland, Robeson county, Alex. Wat son, president, secures an amendment of charter, changing the name to the Row land Hardware1 and Supply Company. MAKE ROADS six men are selected for the jury Three More Chosen and Special Venire of 300' Men Is Exhausted. PROSECUTION'S ALIENISTS TO BE USED BY DEFENSE Men Who Testified Against Thaw's San ity in Former Trial Will Be Sub poenaed To Aid Defense.- Thaw Will Be Saved Even If For Madhouse. New York, Jan. ?.: The work of secur ing a jury to try Harry K. Thaw a second time lor killing .Stanford White, was half completed when court ad journed shortly before six o'clock to night. The original venire of 300 special service jurors had been exhausted at that hour and the customary night sit ting was not held. Two hundred addi tional talesmen have been ordered to re port tomorrow morning. The oath of service was administered today to three men. making six in all who have been finally accepted. Three provisional jurors were also in the box at the closo of the day's session. An other series of these abitrary removals reduced the panel when all twelve seats had been filled at four o'clock and six chairs were left vacant when it was fin ished. The defense has now exerted eleven of its thirty challenges and the prosecution eight. The sworn jurors, in their respective positions, are Charles E. Gremmels, ship broker, foreman; Arthur R. Naething, (Continued on page Six.) "A PREFERENCE FOR MEN" CAySE OF DEMOCRATIC FAILURES IN CAMPAIGNS Distinguished Guest at Dinner of National Democratic Club in New York on Jackson Day Makes Indirect But Well Understood Reference to the Peerless One. New York, N. Y., Jan. 8. 'Speaking to the topic -"Why is the Democratic Party Divided?" Morgan J. O'Brien, ex justice of the appellate, division of the New York Supreme Court, who was the guest of the National Democratic Club, tonight, declared that if the causes that have divided the party were summarized it would be found that "they have been due to our failure to stand firmly for Democratic priciples, to a preference shown by some for popular drifting sen timent, contrasted with sound doctrine, nnd to a preference for men rather than a reverence for party traditions." The dinner, which was primarily in celebration of Jackson day, it was an nounced by John Fox, president of the club, was the first of a series at which national and local Democratic ; issues would be discussed. The discussions, it was further said, would in effect be ed ucation, to help Democrats to. decide wisely the future course of the party. Ex-President Grover Cleveland, who was unable to be present, sent his com pliments in a letter in which he ex pressed the conviction that the situa tion confronting the people had directed their attention more to their relief from conditions that alarmed and startled them than to the empty satisfaction of partisan supremacy. Kx-Justice O'Brien, after referring in highly complimentary terms to Mr. Cleveland and by inference to hx-Jns-tiee Alton B. Parker as an ''ideal can didate," said: 'The aims and principles of the party have been so frequently stated in plat forms and public addresses, and so well LOCAL OPTION LAW VAUDSflYS COURT MANDAMUS TO COMPEL ISSUANCE OF SALOON LICENSE IN ALA BAMA TOWNS DISSOLVED. Decatur, Ala., Jan. 8. The petition for mandamus presented by M. E. Wood ward and others to compel the. probate judge of Morgan county, Ala., to issue saloon license in the two Decaturs, was dissolved in the Circuit Court here t,odny bv Judge D. W. Spenke. This was a test of the constitutionality of the local r-ption law, under which was held the recent election, which voted liquor out of Decatur and New Decatur after Jan uary 1, 1908. It is tho first of a series of such eases in various counties and prohibitionists regard it as a great vic tory. The saloon men will appeal. Industrial News. He Knows FIVE LOST WITH SAILING SHIP Schooner Goes to Pieces Within Thirty Minutes After Striking. WO MEN SAVED BUT ' ARE UNABLE TO TALK One, An American, Is Too Exhausted to Tell of the Wreck; the Other, a Ger man, Cannot Speak Eonugh English to Make Himself Understood. Norfolk, Va., Jan. 8. A message re ceived here over the United States sea coast telegraph wires today from Capo Hatteras, on the North Carolina coast, reports the stranding and loss on tho treacherous Diamond Shoals yesterday of an unknown schooner, out of whose crew of seven men five perished and two were saved. The message, which fails to give the name of the lost vessel, reports her to have been a schooner bound from Long Point, Me., to Charleston, S. C, laden with fish scrap. The captain of the vessel was among those who were lost. The two men who escaped are reported to be foreigners, who heard those aboard say that the vessel was forty-two years old. The schooner, according to the dis patch, went to pieces within thirty min utes after she struck on the shoals, dur ing the fierce gale which swept the coast, registering a wind velocity oft Hatteras of seventy-five miles an (hour, (Continued on page Two.) summarized in Jefferson's first inaugural address, that it is unnecessary to repeat them at length, but in passing it is proper to note that whenever the party has stood firmly and unitedly for these principles, we have never met with a de feat, and it has only been when the party has been divided, because of tho hope that success would result from fol lowing some shifting popular sentiment, or some new and impracticable reform, that we have met with overwhelming and deserved defeat. To ascertain tho cause of this, we need but look careful ly into the campaigns that have been waged and contrast the men and the measures that were successful with the kinds that existed at the time of de feat." . ' Saying that he. had been informed that one of those invited had declined an in vitation to the dinner because the speak er's views on certain public questions were opposed to those of Mr. Bryan, Justice O'Brien said that it was just such intolerance that had been the great est stumbling block to the success of the Democratic partv. He added. "I extend to Mr." Harry W. Walker the compliments of the season, and I ask him to read, learn, mark and in wardly digest the statement made by Samuel J. Tilden in a letter written to Daniel Manning in 1884, that 'neither the Democratic party nor the republic, for whom that party is the best guar antee, is now, or even can be, dependent upon one man for their successful pro gress in the path of a noble destiny.'" Former President's Letter. The letter from Mr. Cleveland fol lows: . - "I very much regret that I am inex orably obliged to decline the courteous invitation 1 have received to attend the Jackson day dinner to be given by tho National Democratic Club on the 8th instant. "I nm intensely Interested in every effort to revive genuine Democratic sen timent, and to restore the Democratic courage, consistency and confidence, whose necessity to our party's success, and usefulness has been so often demon strated in the past. "It is but natural that those who have followed all their lives the Demo cratic standard should longingly desire their party's success; but this success cannot be gained by either shouting our party name or attempting undemocratic experiments. I am profoundly impressed by the conviction that the situation now eon fronting the people of our land has di rected their attention more to their re lief from conditions that alarm and startle them than to the empty satis faction of partizan supremacy. .-, "Our country needs conservatism, re cuperation from nervous prostration, reinstatement of constitutional observ ance, buoyant but none the less safa and prudent Americanism, surplus, ear (Continued on page Two.) DIAMOND SHOALS , -. V J. 'V