Newspaper Page Text
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REAKMADEIN
till /^aT^TART 1 UIN 1/11 TMT AjL^ A T C
;C Lon? Predicted Reaction Ccmes
ana i^-lS Kodt De^rs* p f ,, c
AFKEi I IN A FLURRY
bie Who are Long on the Staple
Frantic Rush to Liquidate.
Fluctuations Erratic.
Brhe long expected reaction in the
Eton market occurred at New Or
■cs Friday and country longs went
■d in their e ff° rts to liquidate. The
■erings swamped the market for a
ile and prices went down from 45
gg points. The prominent bulls
re heavy buyers at the decline and
lea at the lowest buying offers of a
r bundled v.ould send the market
10 points. The alarm was sounded
lursray when the brokers com
heed to ask $10 a bale margin.
It is generally „ „ .. conceded , , that the
Ise reports concerning the situation
tae Far East, spread about Thurs
|y night, were responsible for the
luidation by the weak long interest.
i futures remained bullish. The
pvement was light and the weekly
k sight) figures were smaller than
ire expected by the most enthusias
| bulls. At one time the May op
us were 80 points under the high
t level of the morning, but a quick
fcovery brought them up until they
|re only 41 points below the highest
■el. and only 21 points lower than
ft close of Thursday. The leading
lls said the drastic iquidation had
■ the market in a healthier condi
Bi than ever and more open to fur
§r advances than for several days
:t.
I Weak Interests Closed Out.
ripening prices in the cotton mar
I: at New York were higher than
iursday night’s close. Trading was
Rive and excited. The initial ad
bee was dn better cables than had
|en Ii looked for and reports that cot
lr was selling all through the inte
Thursday at 15 3-4 cents for mid
fcng. It became evident, however,
[on fofit after the opening that enormous
taking was going on and prices
[ere depressed several points from
le best, after which they were rallied
y the firmness in New Orleans and
pressive [The rally bull support.
did not hold, and shortly
[ter noon there was a rapid break of
om 55 to 65 points.
The break was supposed to be due
1 selling by two large commission
ouses with out-of-town connections,
fliicli held long cotton for southern
gd western interests. It is said the
were made becaue of failure of
to forward necessary
argins. The decline attracted a
esh demand from scattered sources
pd with the weaker long interest
fiaken out the market rallied several
hts The close was sensational.
Bat ■ the July cotton in sight, running
month up to 16.18. while the
■oints of last night’s prices, while the
■ther crop positions were net 13 to 15
■nuts lower and the new crop months
■om 10 to 38 points below Thursday
■Sht’s final figures. Friday’s sales
■ere estimated at 1,200,000 bales.
COAST LINE PENSIONS EMPLOYES.
i Who Have Reached the Age of Seventy
Years to Retire on Full Pay.
The Atlantic Coast IJp'’ has estao
shed it s pension dep. tment, w'th
eadqfcarters at Y/imlington, N. C. The
oa rd of pensions will conduct it.
Ail officers and employes 70 years
will be retired. Those who have
ten years in service will be pen
ioned. Engineers, firemen, conduc
rs > brakemen, yard masters, switch
bridge foremen, section foremen
nil supervisors 65 years old may re
[ l e re 3u with ten pensions where they hace
years in service.
hguse pays tribute to m’kinley.i
^nation Adorned the Lapel of the Coat
I of Nearly Every Member.
I - fernation adorned the lapel of the
°<*t of nearly every member of the
Of iso Friday in commemoration of the
ate ^ res idesntl McKinley’s birthday.
^ ^ chaplain referred the late
dent to pres
" We saying;
thank Thee, oh, Heavenly Fa
the beautiful life and char
Ur be loved McKinley, whom
ember with grateful hearts to
| “ J° n r 'l ’lie for things the that he did in his oi
“Dstiari beautiful example
character and fortitude h€ |
in his death.”
l
ARMY OF INVASION
Organized by Colombia to At*
tac & Panama "Outside the
Canal Zone. ft
NeTYs has reached Panama from Bo
|& ota that insomuch as General Reyes
! and Cavalero have assured Colombia
that the United States will only ob
ject to her landing forces in the canal
| zcne, tends the Colombian government jn
j to organize and sent an expedi
I tion against Panama.
The only explanation of this news
j from Bogota is that the government
| of Colombia is compelled to take some
i steps to prevent its downfall. This *s
i said to be imminent, as President Mar
roquin has lost all the prestige he has
| ever had. There is much speculation
j in Bogota as to the outcome of this
move, should it be put through.
Colombian newspapers are complain
ing that it cost more than $15,000,000
in papei money (a Colombian dollar is
worth seven-tenths of an American
j cent) to move troops from Cartagena
I to Titumati, cn the gulf of Darien.
I These 2,000 to men 4,000 are and estimated at time at from they
i one
were we jj gU ppij e d with provisions.
People arriving from Colombia de
clare the situation in that country to
be S row - n S worse every day.
The United States gunboat Bancroft
arrived . . at . Colon _ . Friday from her San
Blas coast round. She reports the at
titude of the San Bias Indians at Cale
donia bay to be not only unfriendly,
but decidedly aggressive,
SHAW’S ANSWER WAS AMBIGUOUS.
Tillman Alleges That the Secretary is At
tempting to Codqe the Crum Issue
In the senate, Friday, Mr. Tillman
introduced a resolution u sking for
more specific information from the
secretary of the treasury concerning
the nomination of W. D. Crum as col
lector of customs of the port of
Charleston, S. C., than was contained
in the letter from the secretary receiv
; ed Thursday by the senate. He said
: that the secretary’s letter is ambigu
cus and fails entirely of its object. He
asserted that the secretary had with
“great adroitness dodged the issue.”
Following is the text of the resolu
: tion:
Resolved, That the secretary of the
j treasury be, and he hereby is, instruct
ed to send to the senate information
j in regard to the appointment of W. D.
! Crum as collector of the port ot
| Charleston, S. C., and that he answer
j specifically the following questions:
“First. Is W. D. Crum now hold
ing a commission as collector? If
so, give date and send to the senate a
' verbatim copy thereof.
“Second. Was his appointment made
in accordance with law, and if so,
what law?
Third. Is there any law or prece
dent for the holding of an office of
this kind by a de facto official?
“Fourth. Is It the contention or in
tention to claim and exercise the au
thority to make such appointments,
during a constructive recess, as this
appears to be?”
Messrs. Aldrich and Spooner object
ed to immediate consideration and the
resolution went over for a day.
HEROIC GIRL SUFFERS TORTURE.
At the Samaritan hospital in Chi
cago, her head and left side swathed
with bandages, lies Carrie Anderson,
the child whose deed of heroism at the
Iroquois fire was recounted in brief
during the coroner’s inquest, but
whose name has never been learned
until now.
Through the steadfast bravery of
this 14-year-old girl at least fifty lives
were saved or the fatal afternoon. She
it was who, despite the fact that her
entire left side was being lapped by
flames, caught the end of the ladder
thrown across the alley from the
j Northwestern guided it to university firm resting building place and
a on
the fire escape of the second balcony.
Across this ladder many men, women
and children scrambled to safety.
She was in the balcony with her
mother, who was employed as a clean
er at the theatre, and while she es
taped, her mother perished. The
child Does not know yet that hex
mother is dead.
WASHINGION IS IN THE DARK.
Regarding Report of Mrs. Maybrick’s Re
lease from English Prison.
Regarding the case of Mrs. May
brick, interest in which has been re
vived by reports that she has been re
leased from prison in England, state
department officials at Washington say
there has been no recent communica
tion between them and the English
government in the matter. The last
i n f orma tion the department had r<s
garding the case, and this is now
some months o-ld, was that Mrs. May
brick probably would be released late
in the coming summer.
ass Egacg
WOMAN SHED TEARS.
Mrs. Loreoz Gives Way to
During Trial of Alleged Postal
Grafters in Washington.
The defense in the pescal trial
Washington opened Thursday. Mr.
Maddox, on behalf of the Groffs, said
he Could prove that George E. Lorenz
in 1895 had purchased for $500 a one
half interest in the Greff fastener.
He was followed by Mr. Kumler for
the Lorenzs, cvho asserted that as far
back as 1888 Machen, George E. Lo
renz and his brother engaged in the
oil business in Ohio, and that as a re
sult of their various transactions Geu.
E. Lorenz owed Machen $25,000, and
that whatever money Lorenz paid to
Machen was in settlement of an honest
debt.
Conrad Syme, on behalf of Machen,
agreed with what Mr. Maddox and Mr.
Kumler said, and added that he would
prove there was no conspiracy when
Mr. Kumler, in the course of his open
ing remarks, said that Mrs. Lorenz
had been scandalized by the govern;
ment, which had treated her with
cruelty, Mrs. Lorenz broke down and
wept bitterly. She was led from the
room by Mrs. Machen and Mrs. Phil
lips, Mr. Machen’s sister. She recov
ered her composure during the recess
and occupied her accustomed place in
court.
The lir3t witness for the defense
was Miss Ina S. Liebhart, chief clerk
of the special free delivery division,
and Maehen’s former stenographer.
She described Machen’s various duties,
which she said made it physically im
possible for him to personally attend
to everything. She said that from
July, 1901, she personally initialed all
the mail with Machen’s initials and
prior to that date she placed his ini
tials probably on one-half of the mail.
She said she herself determined the
question of what papers she should or
should not initial. She declared that
the Groff fastener was never the sub
ject of any conversation between her
self and Machen. In writing Machen’s
initials she said there was no secrecy
about it, that First Assistant Postmas
ter General Wynne knew as well as his
chief clerk, Mr. Hawley. A recess was
taken at this point.
Continuing her testimony when the
trial was resumed, Miss Liebhardt said
that a great deal of Machen’s time was
taken up in interviewing congressmen
and postmasters regarding the exten
sion of the rural free delivery. Asked
specifically about Groff fasteners, Miss
Liebhardt said that special orders
were not brought to Machen’s atten
tion .because the fastener was “a fixea
supply.” In cases involving a new ar
ticle, however, she said she would
speak to the superintendent about it.
It was brought out that the order giv
en the Groffs for fasteners at the re
duced price of $1.25 each, was dated
July 15, 1899, and was signed by Ma
chen himself.
The witness had not concluded when
court adjourned until Friday.
WIFE HALES HUSBAND TO COURT.
Merchant Benson Placed in Hands of Re
ceiver bv Aggrieved Better Half.
Thomas M. Henson, a prominent
merchant of Union county, Ga., has
been placed in the hands of a receiver
at the instance of his wife. Hanson’s
property includes a large mercantile
establishment, valuable merchant mills
and other property, and aggregating
about $6,000.
Henson’s wife some time ago enter
ed suit against him for alimony. In
her petition she made some very sen
sational charges, one of which was
that her husband would not allow her
or her children to attend any religious
services, and when they disobeyed ,
him they were whipped severely. j
At the last term of Union superior
court Judge Kimsey ordered Henson
to pay Mrs. Henson $50 per month
temporary alimony. This Henson has
paid promptly, but Mrs. Henson, in
her application for a receiver, states
that her husband is rapidly winding
up his business, and that where par
ties can’t pay him instanter he marks
their indebtedness setTled.
FRANKFORT REMAINS THE CAPITAL.
Legislature Appropriats a Mil
lion Dollars for State House.
The passage through the Kentucky
Thursday by unanimous vote
the house bill appropriating a mil
dollars for a new capitol at Frank
marked the end of a fight which
been waged for the removal of the
of government since the days
Henry Clay, as a representative
Lexington, started a fight which
been the cherished ambition of
city since, till the pregent ses
when Lexington, Louisville and
towns joined In and aided Frank
for the present bill.
M U. MAYE-BI K OUT ?
R:pcrt Gmes frem Londoi that Amc
can Woman in Enjush Prison
Has Been Pardoned.
Lloyd’s weekly N.-wspaper (Lon
don) says that Mrs. Florence May
brick, the American woman who was
serving a life sentence on the charge
of having poisoned her husband, was
released from the Aylsbury female con
vict prison at C:45 o'clock on the
morning of January 25, m special li
cense.
The Daily Mail says that Mrs. May
brick is now in Liverpool and that the
following conditions attach to her re
lease from prison: That she will not
appear on the public stage or write a
book of her experience and shall in
no way endeavor to attract attention
to herself.
An Associated Press dispatch says:
In spite of the mystery with which
officials shroud the action in connec
tion with the reported release of Mrs.
Florence Maybrick, it can be definitely
said that she has been removed from
Aylesbury prison. At the United
States embassy it was most emphati
cally declared that she had not been
pardoned, and that she was still a
r' ! soner.
Mrs. Maybrick, the paper concludes,
during the last few months in prison,
was employed in the lightest work as
a reward for good conduct.
Mrs. Florence Elizabeth Chandler
Maybrick is a native of Mobile, Ala.,
where she still enjoys a reputation for
beauty and refinement of character.
In 1881 she met James Maybrick, a
fashionable Englishman at Liverpool,
and after a brief courtship they were
married. The first years of their wed
ded life seemed happy. Two children,
a boy and a girl, were born to them.
Shadows began to fall over the family
in 1889. There were hints of heavy
drinking and abuse on the part of the
husband. One spring day in that year
he attended the Wirral races in a
heavy rain and contracted a severe
cold. Returning home, alter eating
and drinking, he took to his bed. Grow
ing worse, he insisted that his wife
give him a certain white powder,
which she d'd, following his instruc
tions as where to find it. Thirteen
days later Maybrick died and his wid
ow suffered a severe collapse.
Coming out of this, she was con
fronted with a charge of murder. Af
ter a sensational trial, during which
evidence in favor of the woman sulfi
cient to have set her free by any
American jury, was brought to light,
she was convicted and sentenced to
death. It was shown that her hus
band had been a confirmed arsenic
eater for years.
Immediately following her convic
tion, petitions began to pour in from
the United States and other civilized
countries, protesting against the ver
diet and praying the release of the
prisoner. For years diplomatic corre
spondence has passed between Wash
ington and London concerning the
case. Every administration of recent
date has taken up the Maybrick case
with resolution.
The first favorable step was the
commutation of the death sentence to
life imprisonment, by Queen Victoria.
Then came the reduction to twenty
five years, which was again shortened
by allowances for good behavior. The
south is tremendously interested in
the case, not alone from the fact that
Mrs. Maybrick is of the south, and a
woman, but because her testimony is
necessary in the settlement of a case
involving thousands of dollars.
COLOMBIANS ON THE WRONG TACK.
Army Will Not be Allowed to Land on Any
Part of Panama.
It is stated at the state department
at Washington that General Reyes
must have misunderstood the position
of the authorities here if ne, as repre
sentative from Bogota, informed the
Colombian government that the United
States has limited its objection to |
the landing of Colombian troops in j
Panama to the canal zone itself. The
department has not in any cense
changed its position when it was ex
pressly stated that no troops with hos
tile intent could be landed in any par:
of Panama.
GREEN REMAINS PF430DY AGENT.
Trustees Hold Meeting in Washington 3 nd
Decide to Postpone Action.
A notable body of representative men ;
attended a special meeting in Washing
ton of the trustees of the Peabody
educational fund. It was announced
after the session closed that full con
sideration had been given to the ques
tion of a general agent to succeed Dr.
Samuel A. Green and to the proposed
enlargement and maintenance of the
Peabody normal college, at Nashville,
but that it was concluded to postpone
action in both matters until the meet
ing of the trustees, to be held in New
York next October.
! COSTLY COTTON
BROKE BAXTER
B; g Brokerage and Commission
r- ^ 11 * m r i, lf ., T «
i
j DONE BY
< “KING” SULLY
Failure Attribu^eJ to Manipulations of
Bull Cl;que--Had Branch Offices
Throughout the South.
A. B. Baxter &. Co., brokers, of New
York, with 138 offices in the United
States, 38 of which are in the south.
failed Saturday, It is said that the
failure will amount approximately to
$3,000,000, thought the exact figures
wiil not be known for several days.
A New York special says: Daniel
J. Sully, the cotton king, cleared $600.
000 Saturday morning in the spectacu
lar rise of July cotton, which touched
1C.88. He bought 200,000 bales Friday
morning at 16 and sold out Saturday at
an advance of from 60 to 80 points.
Directly charged to the operation of
cully in the market was the assign
ment of A. B. Baxter & Co., dealers
in stocks, bonds and cotton, at No. G1
Broadway,, with offices in all the prin
cipal cities df the United States, most
ly in the south and southwest, The
failure involved $200,000. The firm as
signed for the benefits of creditors to
George J. Vestner.
The officers are A. B. Baxter, presi
dent; W. W. Vensel, treasurer, and
Felix P. Lipp, secretary. The com
pany was incorporated in 1902, with a
capital of $300,000. The concern is
the largest of its kind on this conti
nent and Its operations have been
on a mammoth scale.
The assignment was not filed in
Now York 1:30 o’clock Saturday after
noon, and there was no hint of it be
fore the close of trading on the cot
ton market at noon. At the office of
Baxter & Co. it was said that it would
take several days to estimate the lia
bilities and assets which could not,
it was said, be estimated now.
George J. Vestner, the Baxter firm’s
assignee, is a lawyer in the office of
McIntyre, Cantor & Adams. John F.
McIntyre said for tne assignee of the
company:
“The company has a large number
of branch offices, one in nearly every
principal city of the south and west.
It has 30,000 miles of leased wires,
and pays $30,000 a month tolls to the
telegraph companies. As soon as we
assigned we wired a.l our branch of
fices not to accept another cent from
customers.
“What, caused the suspension was
the continued rise in cotton. Most.of
our customers in the south and west,
who had been long on cotton, went
short recently, thinking the high water
mark had passed, but when Sully con
tinued to send cotton up we called on
our customers for more margins.
We thought we saw hope when cot
ton fell off 50 points Friday, but when
it rose 75 points Saturday and the
majority of customers failed to re
spond to requests for more margins,
we had to assign.”
CASH TO EASE COLOMBIA'S HURL
Democratic Sena,.;»rs Favor Paying Her
Liberally for the loss of Panama.
For three hours Saturday the demo
crats of the senate discussed plans for
united party action in support of the
Bacon resolution for paying Colombia
$10,000,000 in cash for the loss of Pan
ama. Duringvthe discussion it devel
oped that if the senate will take action
on the lines of this resolution demo
cratic opposition to the ratification of
the Panama treaty will be withdrawn.
No final action was taken, however, as
there is to be another caucus on the
subject.
The republican attitude on the ques
tion of paying Colombia the sum stated
for a quit claim deed to her interest
in the canal zone was made known to
the senators in the caucus. The re
publicans, it is understood, have al
ready agreed to satisfy Colombia in
this matter, but they propose to have
the canal treaty ratified before they
make the deal public.
VETS TO MEET IN SEPTEMBER.
Reunion Committee at Nashville Departs
From Custom in Naming Date.
At a meeting in Nashville, Tenn.,
Friday night of the joint comm’ttee on
confederate reunion, it was decided
to hold it in September, the exact date
to be named later. Thm is a depart
ure, past reunions having been held
generally in June.
Canton people informally but gener
ally observed McKinley’s birthday Fri
day. Special patriotic programs were
held in most of the schools, and the
pink carnation was everywhere in evi
dence.