Newspapers / Goldsboro Weekly Argus (Goldsboro, … / Oct. 22, 1914, edition 1 / Page 1
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G Weekly NATIONAL BANK! OF GOLDSBORO Only' National Bank In the County. - NATIONAL BANK OF GOLDSBORO Wants your business and wtll be glad to talk or eorespond with you. GEO. A. JTOBWOOD', President. M. J. BEST, Tlee-Presideni. oias ooro BtaU UDrar . J GEO. A. NORWOOD, GEO. C. KORNEGAY, President. Cashier. ! "This Argus o'er the people's rights j '. No soothing strains of Maia's son, ' rsT i Doth an eternal vigil keep; Can lull its hundred eyes to sleep." VOL,. LX GOLDSBORO, N. O. THURSDAY EVENING, OCTOBER 22, 1914 NO 13 ' ...... i NORMAL CONDITIONS L1AY BE RESTORED ' J . 1 English Representatives Are in Washington for Conference COTTON THE REAL -ISSUE j !'.-;.. On the Success of Plans to Care For the Surplus and Willingness of Manufacturers to Buy Depends Value of Britishers' Visit. Washlnsrtfon. Oct 49. Sir George Paish, special adviser to the English hftticfillor of the exchequer; Basil a Blackett, of the English treasury; Sec retary McAdoo and the federal reserve hoard today began a series of confer ences .here which are expected to have an important effect on financial conr ditions in Great Britain and the United States. Restoration of normal condi tions in foreign exchange dealings be tween the two countries is the object of the meetings, and they probably will have a direct influence on the dis position of the south's cotton crop. It became known tonight that offi cials of the American government feel keenly that cotton is the1 crux of a sit uation which has many) ramifications, and that on the success of plans to care for the surplus and on the will ingness of manufacturers to buy cot ton depends the value of Sir George's visit. I I It is probable that before Sir George turns to England the question of a re opening of the London' and New York stock exchanges will be considered. It was predicted here tonight that the London exchange would reopen short ly, with the British government urging that London brokers Ao not call loans immediately. If the London market is not 'greatly affected its j resumption of business may be followed by the re opening of the New York exchange. So much depends on the cotton prob lem that there probably will be no further conferences until a committee of the board, which is handling the proposed 150,000,00(T cotton loan fund plan, has found a satisfactory solu tion. The committee, j Secretary Mc Adoo, Paul M. Warburg and W. P. G. Harding, returned today from New York, where it had been at work since Saturday in an effort to convince New York bankers of the feasibility and soundness of plan3 for; the fund. The New York bankers promised to put up one-third of the loan fund but prescribed conditions it was discov ered could not legally be met. The reserve board members propos ed different conditions' and as a fur ther Inducement offered to let the northern section of the United States put up three dollars to every one put up by southern bankers with the un derstanding that the northern banks would have a prior lien for their money. -f '.- Under this tentative plan southern banks would have actual management of ihe f'ii-d, the whole, however, to too under supervision of tbe reserve board. Other conditions -s to interest rate and price of xotton were said to he left unchanged. 1 I i Thl3 counter-plan has not been passed on finally but- ovary oppor tunity will be taken j to expedite i- consider! so that; i s board miy begin discussJon of international prob lems w;th S r George and Mr. Blark ett. 'j . !'' - The cotton crop ia, of first import ance in these conferences because -on it the United States has relied in past years to 'cancel the larger part of its foreign indebtedness.) ; ! Sir George is known to hold that English manufacturers do not wish to buy cotton now unless they are satis fled It has reached the bottom price. American manufacturers, according to information available at the treasury department, apparently feel the same way and little cotton is being sold. "With the $150,000,000 loan fund in operation it is argued that millions of bales will be taken out of this market and a direct and stimulating effect will hA felt both here and in England 'With cotton moving again across the Atlantic the indebtedness of the Unit ed States to England would be de creased raDidlv and ' materially and conditions here would improve in con sequence. I It was said tonight that cotton ex changes probably would open shortly if arguments made here availed. One difficulty is the fact; that there are no quotations on which the factor or the manufacturer can base offers.: " WHAT IS DEMOCRACY? See Ma it Pickford. the people's fa TOrite, In "An Arcadian Maid" at the Crystal today. j FROM THE STANDPOINT of wuick termination, John Wan a ma ker said, life Insurance ; was more profitable than any other investment he could make. j ? National Life Insurance Co. of Vt, (Mutual) XL H, HUMPHREY, State Mgr Goldsboro, N. C. It would seem to the Argus that it is time for some Democratic, newspa per of wide-spread , circulation and with courage of - Democracy in is heart, to call a hault upon our so called Democratic representatives and senators in Congress in their whim perings for paternal legislation and their violation of every I Democratic principle in their proposed enactments in behalf of the cotton farmers. j The Argus is a Democratic news paper as we understand Democracy, and we thoroughly agree with Presi dent Wilson in his "History of the American People" in which, speak ing of Alexander Hamilton, he says it had been Hamilton's work and ef fort "at every turn of policy in which he had any part to make the Federal Government virtually master of the affairs of the nation, fortified with an overwhelming strength against every force, whether of the States or of in dividuals that might antagonize it. It was as a protest against this ten dency and this line of policy that Gen eral Jackson was elected President bf the United States in 1828, and that the Government passed into the hands of the Democratic partyj professing doctrines of strict construction and purposes of moderate action in the use of constiutional authority." While our sympathies are, of course, with our home people the cotton far mers in their stressful jordeal inci dent to their over production of cotton, their failure to diversify j their crops, and the world-dwarfing of business by reason of the widespread European war, still the people the American people, regardless to whether they be cotton farmers, tobacco farmers, wheat farmers, corn farmers, cattle raisers, mine operators, merchants, mechanics, professional men, or whatever their avocation in j life should not allow themselves to be fooled by the clap trap talk of mere politicians, of which there are, alas, too many in public life today, and who are attempting to push to dangerous lengths of au thority our central government. This, too, is strangely out of harmony with our party principles as enunciated by President Wilson himself "a scrupu lous limitation of the powers of the Federal Government, a j studious re gard for the , separate, powers of . the several States, a democratic diffusion of power throughout the body politic." There is, of course, no gainsaying that the cotton farmer and the mer chant who has advanced on cotton and the wholesale houses who advanc ed the merchant are in somewhat of a panicky state, and, that the average southern congressman is adding to it by holding out hope to them that the government will do something Radical in their favor. I j i These enthusiastic statesmen (?) are crying for a government j loan direct to the cotton farmer, or for the govern ment to more or less take over the cotton crop. These congressmeij know full well that the northern and; west ern congressmen will stand forj no such legislation. If they did, next year or the year after the southern con gressmen would have to vote fori the government ! taking over the i wheat crop of the west, the tobacco crop, or the pig iron production) of the coun try, or the boot and shoe products of the New England manufacturers. In other word3, there would be no end to this form of paternal! legislation. Now, it is true that this European war ha created an intensely -embarrassing situation in the southern cot ton states, f i ; I Regardless of the quoted price at Liverpool the cotton buyer in ) the south does not know today what to pay for cotton, because he does not know what he can get for it in large quantities. f j The farmer, the country merchant and the banker can well profit by vhe moral of one of Aesop's fables en titled, "The Old Lark and the Young Ones."' :,. ! ,' " : T ; 1 j ! In brief, the young larks in the nest in a wheat field overheard the farmer and his two sons talking about cut ting the wheat. They heard them say that they were waiting on their neigh bors to come in and help them cut the wheat and as soon as the neighbors came they would cut it. The young larks wanted the mother lark to re move them. She declined and stated to her young ones that she would re move them in ample! time. Similar conversations were overheard between the farmer and his sons for several consecutive days. They were waiting on the neighbors to help them cut the wheat. Finally, after a week's talk, the old farmer said to his sons:! "Our neighbors are not going to help us cut this wheat, j Now, you two boys and I will start in and cut it our selves tomorrow." I ; I I When this conversation was repeat ed by the young larks to the old one she promptly replied i "It is time now for us to move," and! she moved-them. The condition affecting cotton in the southern states is similar. The cotton farmer, the country merchant and the banker need not expect paternal leg islation from their political neighbors to aid them. : They can and should and will cut themselves jout of the pres ent entanglement, j U . j j . They can only do it by thorough co-operation in. holding back the 'mar ketable crop. I ! t The government is issuing large TAG DAY t October 31st Is the Day For Popular subscription to The Holds, boro Hospital. The annual Tag Day, In the interest of The Goldsboro Hospital, which is always the last Saturday in October, falls this year on the last day of the month. Thi3 is now the only popular sub scription opportunity to the mainten ance fund of The Goldsboro Hospital for the care of its charity patients, and it is to be hoped that the popular purchase of Tags on that day, when canvassers will be abroad through the city and county towns, will be gen erous, as the needs of the Hospital for the care of its charity patients are increasing every year every month, and the reward for all who thus con tribute is as assured as anything can be in faith, and is sustained by Holy Writ.- See Mary Pickford, the people's fa vorite, in " An Arcadian Maid" at the Crystal today. TO THE BRIDE-ELECT. 3Iiss Helen Creech Entertains In Hon or of Miss Edmundson. On last evening from 8:30 to 10:30 Miss Helen Creech entertained a num ber of her friends in honor of Miss Eunice Edmundson, the bide-elect. The house wa3 beautifully decorated in ferns and cut flowers, the color scheme of pink and green being car ried out very effectively. On arriving, the guests were receiv ed at the door by Miss Creech and her house guest Miss Margie Davis and ushered into the parlors and where when all were assembled games were played for an hour. Popular selections were rendered on the Victrola throughout the evening. Finally, as the strains of the wedding march were heard, little Herman Creech came in bringing a doll dress ed as a bride, whose costume con sisted of, beautiful handkerchiefs, giv en by the friends of Miss Edmundson. After this, cake and cream were served, these also carrying out the color scheme of pink and green, f Those present were Misses Eunice Edmundson, Marguerite Dave, of Tar boro, Eddie Mae Vann, of Como, Kath ryn Hancock, of Rocky Mount, Mary Harris, of Warrenton, Kathleen Petty, of High Point, Allie Freeman, Lou Norwood, Amy Joseph, Glennie Yelver ton, Eunice Bizzell, Ruth Bizzell, Em ma i Hollowell, Magdalene Hummell, and Mesdames Underwood, Parrott and Forbes, See Mary Pickford, the people's fa vorite, in "An Arcadian Maid" at the Crystal today. Think of it, a piano given away at Williams Drug Store. ;C1RYSTAL.. I PROGRAM TODAY AN ARCADIAN MAID" Featuring Mary Pickford Biograph Re-Issue. 'The Mystery of' the Hidden House" Vitagraph special in two parts, fea turing Alfred D. Vosburgh, Annie Schaeffer, Margaret Gibspn, ' Loyola O'Connor, Author Amelia Rivers. It contains a mystery. Two girls are one and the same. He falls in love with both, marries one, solves the secret and is doubly happy. John Bunny and Flora Finch, Flor ence Foley, Charles Wellesley, Louise Beaudet, Jack Harvey and Phil San ford in - - $76,000,000 SHRINKAGE IS CLAIM OF RAILROADS Due to Businesss Depression and European War MORE REVENUE IS NEEDED Counsel for i the Commission Assails the Position of President Wlllard of the Baltimore and Ohio, Spokesman for Railroads. AMATOER NIGHT AT CRYSTAL FRIDAY NIGHT OF EACH WEEK WILL BE AMATEUR NIGHT AT THIS THEATRE. Friday night will be Amateur night at the Crystal. Everybody come and see what little "tots" can be taught to do. If you have a child that can sing or dance we will be glad to have them enter our Friday night's ama teur contest, and we will pay for talent, and the training will be of value to the little ones in later life. Just phone the Crystal manager or see him in person for particulars. Washington, Oct. ,19. Business de pression and the Kyropean war today were assigned as reasons why eastern railroads should, have at least a five per cent increase in freight rates by representatives of the systems appear ing before the lutferstate Commerce commission . it was assertea mat these two conditions had led to a shrinkage of more than $76,000,000 in the annual net revenues of 38 eastern roads, operating more than 59,000 miles of railway. I ' - Daniel E. TWillard, president of the Baltimore and Ohio and head of the conference of presidents of the lines involved, was the principal witness. He was supported by a mass of sta tistics presented by Vice President Shriver of the san e line. Further evi dence will be sutmitted tomorrow. In opposition to the plea of the car riers, Clifbrd Thorne . appearfcd for public service corporations of several middle western and inter-mountain states and also for shippers organiza tions in the region affected. Mr. Thorne declared his puropse and the desire of the shippers was that the public's side of the question should be fully brought out. Louis Brandeis, counsel for the com mission, assailed Mr. Willard's posi tion in cross examination, calling at tention to the fact that the Baltimore and Ohio treasurer had declared its regular six per cent, dividend despite an actual deficit of more than $3,000, 000 in net revenues. Mr. Brandeis indicated ithe affairs of other lines would be similarly taken up later. ,j. Mr. WnitJ-j EAid the dividend had been maintained at 6 per cent this year at his recommendation. He de clared he believed it justified by the fact that the road l ad" $32,000,000 in surplus and it was xecessary to main tain the credit of th j line. Mr. Brandeis took exception to the statement of the Baltimore and Ohio surplus. He insisted that $22,000,000 of the $32,000,000 was represented in the line's investment in securities of the Cincinnati, Hamilton and Dayton railroad now in the hands of a re ceiver. Mr. Willard admitted this but said the purchase of that road was not an issue in the present hearing.) Mr. Brandeis asserted the state ment of the railroads had disclosed so far nothing originating since the commission's recent ruling rejecting the eastern lines previous plea for a five per cent advance in rates. In re opening the case the commission spec ifically limited it to matters arising since that time. Mr. Brandeis said the decision had forecast a falling off in revenue of $75,000,000 for the period embraced I and the companies' state ment of $76,000,000 shrinkage only served to confirm that estimate. "The commission also forecast Im provement " in business conditions," said Mr, Willard, "whereas there act ually has been retrogression." See John Bunny and Flora Finch in MT)nnn.9a Wl.n1rll C. a I Vitagraph special at the Crystal to day. - TANGO RACERS "BUNNY'S MISTAKE" Vitagraph. Two more reels expected Have teie : graphed. . For each 200 c- .r ons returned to cur box office, v ..vili give away, ree, one tango rue ; ; lid to the moth er of the family ,. i ..chic's free pass to the Crystal. It is surprising ho v fast tiie coupons will accumulate when 'you l;egin sav ing them; and it will l?e an easy matter for every boy or girl to get one of these racers if they will only ask their friends to help them. HOSTILITIES '.-IN' .31X1 TO. AT AN END, SAYS VILLA. volumes of currency to the southern banks. These banks can have that currency, on practical collateral, for a long time. They should, therefore, carry the country merchant, and the merchant should carry the farmer, en abling him merely to market a small quantity of his cotton at a time. In this way with a thorough co operative spirit the farmer ..could carry over a large percentage of the crop until next year and by planting but little next year could even things up in time. This, is the only practical solution of the problem. ' The.; farmer should not be further fooled into the belief that either the national or his state government will make a ward of him. He heeds and deserves help, but he wants it in a practical way and not in that way which would be a future punishment to him. Washington, Get. 12. - C;e. .-eyul Villa has informed the United States gov- eminent that' unless scaieih.ng uhiore j iecn-occurs,' hostilities iii -Mudco are u an end ana mat ne wui support tny provisional goveiuriuiu set up by he national convention at Aguas Cali-,-ntcs. - ' . Villa said he would net accept Car- ranza as provisional president but was satiscd he would not be chosen. It generally is understood Carranza does not desire to be provisional president. wishing to be free to enter the pres idential rc.ee at the succeeding elec tion. Latest state department reports de scribe the visit Saturday at Agus Cali entes. He said he came to pledge by oath his support to the acts of the convention so that no one ever could say he ; was unpatriotic. He was re ceived with applause. Villa embraced General Obregon over whom his break with Carranza occurred. He then wrote his ' name on the Mexican flag and TO WIDELY CIRCULATE THE WILSON LETTER. State Delegation in Congress Read It In Full Amendments Will Carry. Washington, Oct. 19. R. R. Wil liams, Democratic member of the leg islature from Buncombe, said today that the sentiment in favor of the con stitutional amendments is growing. He said that many men who were against the amendments some weeks ago are now favoring their adoption. "The sentiment in favor of the con stitutional amendments is growing rapidly," said Mr. Williams. "I find many men who were against these just measures some week3 ago have now come out in favor of them." ' Mr. Wiliams argued a case before the Supreme court today and will re turn to Asheville tomorrow or next day. He says the people are whoop ing it up for Wilson and the Democrat ic administration in. North Carolina. Thomas J. Pence, the "wheel horse" of the Wilson administration, has or dered 2,000,000 copies of President Wilson's letter to Oscar Underwood commending the Democratic Congress. When he read the Wilson letter he made up his mind that it was a pretty good document, and he gave an order to the public printer for 2,000,000 copies. "I may need another million," said Mr. Pence before hanging up the receiver, "but 2,000,000 copies today will be all I can use." See John Bunny and Flora Flneh in Bunny's Mistake" a funny 2-ree Vitagraph tyecial at the Crystal to day. . HOT SPR AGS LIVER BUTTONS. A Thrill of Happi'Vess For the Liver and Bowels In Every Button. THROW AWAY YOUR CALOMEL. 1 II- - M t Soggy, heavy, lazy livers make life miserable for lots of folks. You have f probably tried I" liver pills," I' javrnne ' ' pepsin tab lets' and fin- fz ally been driv en to .taKing calomel. Why not try just one more try? Just one of these lit tle buttons will free your system from all that accumulated bile, undigested and fermenting food accumulation, and fix you right inside. Once you know tbe joy of a clean, healthy liver, a stomach that works right, and bowels that have been freed from an over-supply of waste matter, you will hail this prescription from Hot Springs, Arkansas, as being the one best friend you have met in a long while. Hot Springs Liver Buttons are sold almost everywhere that you see a drug store sign. The price is 25 cents, and in every box is a suggested diet slip that will be found an invaluable help toward the cure of stomach, bowel and liver troubles. If your druggist won't supply you, send 25 cents and we will send you a package direct. Hot Springs Chemical Co., Dept. 10, Hot Springs, Arkansas. Acm e Toclay Tenth Episode v "TREY O HEARTS" George Larking and Cleo Madison. "LIFERITES" Crystal Comedy featuring Vivian Prescott. TOMORROW "ATLANTIS" In Six parts Great Northern Special Matinee 5 and 10c. Night 10 and 15c. kissed the banner. Tne prevalent be lief here is that General Antonio Vil lareal will be selected. 5? What Flour? 53 "TOWN TALK", of course; America's finest Soft Red wheat is thor oughly washed m pure clear water before groundthereby making "TOWN TALK" the most sanitary flour manufac- You will always be happier after using "TOWN TALK." Get the "TOWN TALK " habit, and be convinced. Try . a saek. . : For sale by all leading grocers. Manufactured by Law renceburg Roller Mills Co., Lawrenceburg, Ind. In the heart of the soft Winter Wheat Belt Sensation" in Goldsboro Who's creating such a sensation in Goldsboro? Why it's "SENSATION "SELF-RISING FLOUR. "SENSATION" SELF-RISINF FLOUR is made from pure soft winter wheat. Is tested and baked daily to in sure uniformity and color. Mixed scientifically by latest and most improved machinery. Highest grade of leaven ing phosphate, soda and salt nature's purest products: Makes better biscuits : Ona of the nation's greatest house hold economies: Does away with your cooking troubles and annoyances : Reduces cost of living. You should not let another day go by without ordering a trial sack of "SENSATION" SELF-RISING BISCUIT, FLOUR, provided you are not already a user. Learn the new way. It's sold on a money refund guar antee. Try it, madam, at our expense. You have tried the rest, now give this a test. "SENSATION" SELF-RISING BISCUIT FLOUR. Manufactured by Model Mill Co., Johnson City, Tenn. - . : Feeds of All Kinds We are headquarters for all kinds of feeds. Have you made your horse happy recently? 't If you have not, then you should by feeding him on "JUST" Horse and Mule Feed: A strictly balanced rat ion that is digestible. A feed that gives universal satisfae-' tion. , . ."JUST" Dairy Feed A feed that develops the milk glands, increases the milk flow and is easily digested. "JUST DAIRY" is the dairyman's friend. We also have a large assortment of Corn, Oats and Tim- 1 IT - othy Hay. Come and see us, Mr. Merchant, it will be to your interest. Speaking of Lard, have you ever tried " FL AKE WHIT E"? The Best yet : For shortening: for frying: costs less and is better than Hog Lard or Butter. We are always in line on prices. It will be to your interest to call and see our stock, as " we believe we can save you money on your purchases, and, too, we want to know you and want you to know us. Just tap the wire. Phone No. 236. We are always on the job. . Our service as good as the rest, and better than the llfaywe Distributing Co. (INCORPORATED) :Wholesale Only--: B. C. 1HAXTON, Secretary and Gen. Manager National Life Insurance Co. OF MONTPELIER, VERMONT PURELY MUTUAL. CHARTERED 1848. Has No Foreign Business EDGAR H. BAIN, District Agent, Grant Building. JOE B. DENMARK E. C. CROW GOLDSBORO, N. C. For every renewal of subscription to the Daily Argus, the Williams Drug Store will issue 7,500 yotes and 7,500 points in the Claxton Piano Contest. 4,000 votes and 4,000 points for subscriptions or renewals to the Weekly Argus.
Goldsboro Weekly Argus (Goldsboro, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Oct. 22, 1914, edition 1
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