fly " lit fl'llY 1W 1? "The Lonoir News. t The News Pri intery ( 1 A TV1 1U : ...-A-1- i;k FAMILY 1 THE.. VERY - ; insist uedi- lDiY J.VERYBODI. ,'1.00 TIQS YEAR. IS NOW PREPARED TO DO YOUR JOB PRINTING. ALL THE LATEST TYPE FACES USED. GIVE US A CALL. A TRIAL IS ALL WE ASK. EC. C. jMAjRTTiN", EDITOR. AND PROP, V ' PUBLISHED TUESDAYS AID FRIDAYS. PRICE 81.00 THE YEAR. VOLUME X ; 1, : V LENOIR, 3ST. C., MARCH 17, 1908. ISTO. 87. .1 M. I I I 1 , t. .v -V .7. 'SERIOUS SITUATION IN SOUTH J . ; . - - v MlddeMorf Williams ,& Co. See ' the Necessity of a Change C , 'of Front. The real problem, for the South to solve at this time, the problem of first, and overwhelming impor . Jane ; is to what limits the camp v aign of anti-corporate hostility which has been pushed vigorously l' in almost every Southern State for . several years, is "to be carried. It was well enough, to search out the evil, but in the vehement and too often blind search, the good was confused with the evil and the whole has suffered. Instead of hammering rates and forcing the margin of profits of railroads to the lowest extremity, the people of the South will fare mnch better bv insisting that the railroads charge, for services ren dered. rates which will yield a fair return on the investment and provide from surplus earnings, bet j termeuts and reasonable and nec essary extensions to their property. ' Hammering rates down forces rail roads to provide for extensionsand betterments by increasing capi talization; thus the Legislatures and not the railroads, become re sponsible for any overcapitalizatidn which occurs. A continuance of the hammering process, further more, reduces the margin of profit below a reasonable, compensation for the use of the money and promp tly stops all extension and better ments. The only sound policy, therefore, is 'not only to permit bat to force the railroad to charge sufficienely high rates to enable it to carry safely its capitalization, and to provide from earnings for the safe transportation of the pub ' Jblic and accommodations necessary for the .extension of business As an illustration of the extremes to, which the present anti-railroad crusade has been carried, we direct attention to various bills passed by the law-making bodies of different ' States in comparatively recent monthsx A glance at these laws will show the scope-and power to the Dublic authorities over these instruments of commerce. They stipulate how many trains shall be rap each day, how many men shal be employed t Operate each train hoV manv hdnirs railway tele- grahers shal work, hw carsshal be equipped,. low crossings shal ; be guarded, wre trains shall be stopped, where and how, stations shall be buUtt now quickly cars f ' shall be furrtjshed following the re questp of shippers, how many miles K a dayrajs shall be moved, the num ; i ber of da"ys within which freight .claims shall be paid, what shall con ititute a cause of action to an in '; Jured employe, what defense the ,. 'Companies may make, how accounts " shall be kept, what valuations shal be for purposes of taxation, and .'v what rates shall be charged for the . transportation of persons and pro perty. ,' '"We ask in all caruestnessandse riousness. can the South hope to 1 i . , revivo the freshening and lifie-giv ' lng power of capital, can the South ' hipe to call the all-powerful forces ' 4 of new enterprise into being, go for , ward and erow and expand and -Open new territory by railway ex , - tensions, and develop its vast re sources in tne lace 01 a legisiauv ' state of mind similar to that which produced the laws above enumerat edt'Can the South hope to be other than isolated, and neglected by out side capital, so essential to the wel fare and prosperity of any growing region, while' the public mind la directed acraiost ull man ner of corporate enterprise! This the great question the South musi answer, must find an answeu for As the (8outh has just ,pil . 'to grow and, develop, can it hope; to forge ahead without a vast amount of new railroad construction each year! And can the South reason able expect investors to suppry hundreds of millions for this new construction, while railroads are considered the plaything of law making bodies! Until the South comes to a full realization that progress without railroads is im possible, that railroads cannot be built without capital and the capi tal will not risk itself in the face of injustice and legislative on slaughts, little headway can be made. Those who were loudest in their utcry in the South a few months back claimed that the facilities of the railroads for handling the traf fic offered were by no means ade quate. But a hickory club in the hands of a State Legislature or a State commission could not hope to make them adequate. Money is needed here just as it is needed in all forms of expansion and develop ment: money and money alone will supply the necessary equipment. But where is this money coming from! Not from surplus funds, for the Southern railways are doing ittle more than earning their nec essary fixed charges at this time, and despite this legislatures and commissions are ordering radical reductions; salvation does not lie n this quarter then. Where else then can the railroads seek the millions necessary to equip their ines with adequate rolling stock and bring their lines to the highest efficiency! Where, indeed, except among investors at home and abroad! And it is just here that the widespread anti-corporate hos tility lays a chilling hand on the South's advance. Investors are not willing to place their funds in en terprises against which the public hand is raised; they will not run any risk of confiscation, even though that risk is remote in the extreme. This, then, is the situa tion in which most of the Southern roads find themselves: a public on the oue hand clamoring for great er facilities and lower rates, and on the other an investment senti ment paralyzed by this very clamor Between these two millstones are the railways of the South, and what the outcome will be time alone can tell. Withont money there can be no increased efficiency; without this increased efficiency there can be no progress; without good will and hearty public co operation there can be jio money, investors holding back in fear. The SoHth is now facing a far greater, a far more serious crisis, than it realizes, and Ve make a fin al pJea to Southern law-makers and to others influential in shaping op inion in the South to do everything in their power to stem the tide of feeling which" must inevitably re coil upon this section. The South has barely begun to taste the fruits of commercial and industrial well being, and those in power should think long and carefully before do ing the slightest thing to retard the already long-delayed progress. The reservorirs of stored energy are now filling rapidly and matters it are shaping themselves for another long upward swing which will car ry this country to a higher van tago ground of achievement. Will the South take its rightful place in this onward movement! Will it en courage commercial and industrial development, bringing happiness and prosperity, or will it make politics its chief industry, appeal ing to prejudice and hate by adopt nsf any kink of law just so it is against railroads or corporations, and follow a policy which can on ly paralyze the wheels of commerce, and spread powerty and destruo tfon over a land teeming with , oat oral wealth and opportunity! Pro vidence has done everything for the South; given it mineral wealth, agricultural wealth, favorable cli mate, artificial power in coal, to ship to its neighbors, and natural water power to run its mills. Cap ital can do the rest and make it one of the richest, most prosperous, and happiest section of this great coun try; if it is permitted to do so. Will its own people lock the door of op portunity, destroy what capital it now has, and turn into other chan nels the tide of industrial activity which has during the past decade contributed so much to its national welfare! The South cannot hope to go for ward unless it gives evidence of willingness to encourage and wel come capital and give it protection, and capital can be encouraged and welcomed only through sincere as surauces of fair play. Capital has proved what it can do for theSouth and politics has shown what it can do to capital. It now remains for the South to say whether it wishes to continue the advance begun so splendidly a decade ago and halted only when the feelings of the peo pie got the letter of their judgment Capital is now looking toward the South because it knows of the tremendous possibilities of that great region; but unless the South is willing to guard and protsct in vested funds and give its great cor porations fair and square treatment capital will hold back. TheSouth at this time owes a duty to itself, a duty of tremendous and incom parable import, the duty of show ing to the couutry, to the world, that it is just and fair and willing to protect the interests of those who confide their all to her. If the South fails in this duty at this time, it will mean a tremendous backward step. Will the South do its duty to itself! It coaxes back that well feeling, healthy look, puts the sap of life in your iynteiu, protects yon from dis ease. Honisters kockt mountain Tea has no equal as a sprioft tonic for the whole family. 80c. Tea or Tablets. Dr. Kent and Granite Falls Drug Co. Reward For "White Caps." Charlotte News. Raleigh, N. ('., March 12. Governor Glenn offers a reward for the capture of the band of "White Caps'' who at Belhaven set upon the company of Greek immigrants employed in the Belhave.i Inter state Corporation Plant, beat them unmercifully, causing the death of two, others being seriously woun ed. The governor is advised that the citizens are entering heartily into the work of fixing the outrage on those lesponsible. Governor Glenn, has ordered the Washington, N.lC, military com pajiy to subject to the orders of the sheriff of Beaufort county for the protection of a band of imnii grants who were recently located there (bweedes). iney were attacked last night and several of them badly beaten up by a party of masked men believed to have been the llawless element. And there was fear that there would be further demonstration tonight. lie Made Moonshine. Army and avy Life. There was an old man who w as charged with illicit distilling and was brought up before the court. The judge who was a witty fellow, asked the prisoner what was his Christian name. The prisoner re plied, "Joshua" and the judge answered. 'Are you the man that made the sun shinet" and the prisoner replied, "No, sir, your honor; I'm the one that made the moonshine." ' - : Jones Frady Shoots Paris Sumner. Raleigh Jfews and Observer. Asheville, X. C, March 11. Claiming that he had killed Paris Summer, and that he was justied in doing so under the "un written law," James Frady, well known citizen of Limestone township, aroused Deputy Sheriff Mitchell at the county jail here alout midnight last night and de manded admittance. Sumner, however, is not dead, but is in the Mission Hospital here desperately wounded. The shoot ing occurred .twenty yards irom Frady's home last evening. Frady and Sumner, both well kuowu and highly respected citi zens, are neighbors. Frady alleges that Sumner was intimate with his wife and last evening finding the two together, opened tire on Sum ner. Frady shot five times, three of the bullets taking effect. Then Frady l)eat Sumner's skull in with the butt of his pistol, and left his victim for dead, coming to Ashe ville to surrender. Sumner was shot through the lower part of the abdomen, the right lung and right shoulder while an operation was necessary to remove the fractured pieces ot skull. Sumner is Dead; Coroner's Ver dict. Raleigh Evening. Asheville, N. .C, Maoch 13 Parris Summer, formerly deputy sheriff of this county, who was shot Tuesday night by James Frady who returned home unexpectedly and surprised hfi wife and Summer together, is dead. An inquest was held and the coroner's jury render ed a verdict to the effect that Sum mer came to his death as a result of bullet wounds inflicted by Fra dy, who has confessed, pleading the unwritten law. Frady also tried to kill his wife, but she fled from the house She has returned to her home, and de clared that her husband saw Sum mer pass their house, and he fired at him from a window. She denies that her husband surprised her with Summer, and asserts her in nocence. 400 Men Laid Off at Spencer. Salisbury, N. C, March 11.- Another cut in the force of the Southern Railway, at the Spencer shops, of 400 men was made this morning. The meu laid off are mechanics, blacksmiths, locksmiths, painters and coppersmiths. Only about 150 men are left, just enough for repair work. Eighteen new engines are to be placed hi use. This cut, in addition to that made recently, amounts to between 000 and (00 men. ihe men are laid off indefinitely. New Iron Mine in Ashe. Jefferson Recorder. We learned that Dr. J. T.Jones, Lansing, N. C, has had the good fortune to strike a nice vein of iron ore on his property which he op tioned to the Virginia Iron Coalj Coke Co., and who did very exten sh e development work there last year without any favorable result. It will be remembered that'' the company turned this property down and left the field, after which those who lost faith in the proper ty persuaded the doctor to continue the work with the hope of discov cry. This he did, and to the de light of the doctor and all who are interested in Ashe county's devel opment, he had only to drive the tunnel six feet from the point where the company quit work be fore striking a nice vein of very rich ore. We have seen a sample of the Ore, and it is exceptionally rich. CUL1WAT We have unloaded a Car Load of Buckeye Cultivators & Superior Corn Drills. AFeYoeMcady? BERNHARDT -SEAGLE Hardware & Furniture Co. MOORE'S Close Oil Goes on daily and will continue until sold out. We are going out of business. Te lease on our building expired Jan. 1, which necessi tated a change, since Mr. Jno. K. Moore has gone on the road, now leaving our business to be closed out. We are offering our stock at ACTUAL COST, Entire line at prices never heretofore made in Lenoir. Ready Made Clothing, Ladies Coats and winter lines at half price which is much below cost Values never offered before. We want to close out right away. Our stock is new, bought to "till in." Everything will be sold at Cost, as the business will be discontinu .ed. See for yourself. ' Yours truly, MOORE BROS. OLD POSTOFFICE BUILDING. . ? S. STERNBERG & CO., : - X - . Asheville, Largest Fur House HIGHEST flARKET PRICE GINSENG AND BEESWAX.' ff 0R. tSale T I N. Carolina. in the South. No Express charges, no Commissions Your av erage is what counts, not the high price you get for one skin. Write for Prices. J -A PAID FOR ."'IH'