Newspaper Page Text
Irwin County News
Official Organ of Irwin County.
A. G. DeLOACH, tdilor and Proprietor.
THE 54TH CONGRESS.
ROUTINE OF HOUSE AND SENATE i
BRIEFLY CHRONICLED. I
Summary of Bills and Resolutions
Presented and Acted Upon.
THE HOUSE.
Speaker Reed announced that the
message and documents would be re¬
ferred to the committee on foruign af¬
fairs. Mr. Crisp, democrat, of Geor¬
gia, endeavored to get recognition to
offer a joint resolution appropriating
$100,000 to pay the expenses of a
commission to be appointed by the
president to investigate aud report
what is the true divisional line between
the republic of Venezuela and British
Guiana, but Mr. Dingley’s motion to
adjourn was put, aud at 4:50 o’clock
the house adjourned until Wednesday.
Members of the house who came to
the capitol early Wednesday fell at
once into a discussion of the presi¬
dent’s Venezuelan message, which was
the topic foremost throughout the city.
The feeling of responsibility and ap¬
preciation of the weight of the inter¬
ests involved was not lacking among
both parties, and tended to act as a
brake against any hasty 'action. There
were not lacking members of the house
willing to serve upon the projected
commission and there was also a preva¬
lent idea that the commission would
go to Venezuela to prosecute its in¬
quiry. When Speaker Reed appeared
in the house he suggested to the re¬
publicans that it might be well to
adopt some measure to carry into ef¬
fect the recommendations of the pres¬
ident’s message without delay. Air.
Hitt, Illinois, asked unanimous con¬
sent for the consideration of a bill to
empower the presieent to appoint a
commission to consider the Venezuelan
boundary question and • to appropriate
$100,000 for the expenses thereof.
A scene of considerable excitement
followed the request of Air. Hitt for
unanimous consent to consider the
hill which had been read by the clerk
and loudly applauded. Air. Boutelle
was on his feet in the aisle in, front of
Hitt. He prefaced his remarks by the
statement that he disliked to object to
the consideration of such a bill, “but,”
said he, “it seems that this subject is
one of such serious importance that
the house of representatives should
proceed in a decorous manner to con¬
sider it.” Cries of “Beady! Ready!”
from the republican side interrupted
Mr. Boutelle, but he proceeded urg¬
ing that the matter was one which af¬
fected the relations of the two great
English-speaking nations of the world.
Air. Hitt announced that he only de¬
sired to say a word, concerning the
bill and its purpose. He would do so,
he said, “without mentioning this
side or that side,” for he hop¬
ed there would be no two sides
when it came to a question like this.
Aside from his general discussion of
matters of national policy and inter¬
ests, there was a request made by the
president for help from the house to
, enable him to exercise his executive
functions. “The first thing for us to
remember as patriots,” said Mr. Hitt,
“is that the success of our country
depends upon our maintaining a
united front—that our government
should speak for all the people of the
United States.” The suggestion of
the president was for a judicial inves¬
tigation. He was sure it was made in
the proper spirit, and the occasion re¬
quired that the country should act as
one man.
Air. Hitt moved the previous ques¬
tion, but Air. Crisp, of Georgia, se¬
cured his permission to say a word.
He began: “I speak for all this side of
the house where there is no division
as to the propriety of passing the bill.
This house respectfully invited the
government of Great Britain to arbi¬
trate the boundary question' between
Venezuela and British Guiana. Great
Britain has declined. Now what are
we to do? If the American people
have a fixed opinion on any question
they have a decided opinion that no
European country can acquire terri¬
tory on the American continent by
force.”
Air. Hitt here entreated Air. Crisp,
in view of the magnitude of the inter¬
ests involved, not to precipitate a
hasty discussion of them. Air. Alo-
Creary, demoorat, Kentucky, and Air.
Boutelle were shouting for recogni¬
tion, but Mr. Hitt refused to yield the
floor, and the previous question was
carried with a shout of “Aye!” and no
opposing voice was Heard. A resolu¬
tion was offered by Mr. Dingley, re¬
publican, Alaine, and agreed to that
the holiday adjournment be from Fri¬
day, Then December house 20, to Friday, 12:40 January o’clock
3. the at
adjourned until Friday.
The house was in session but twenty
minutes Friday and transacted little
business of importance, At 12:30
o’clock a recess of one hour was taken.
The house reassembled at 1:20 and im¬
mediately adjourned until Saturday
* without transacting any further busi¬
ness.
Speaker Reed cleared the way Sat¬
urday for action by the house of rep¬
resentatives by announcing the list of
committees for this congress. There
SYCAMORE. IRWIN COUNTY. GA.. FRIDAY, DECEMBER 27, 1895.
were several surprises occasioned by
the reading of the list, but generally
the assignments made had been dis¬
cussed by current rumor. There waB
general satisfaction with the work of
the speaker, and he was commeded on
all sides for the fairness and ability,
as well as the consideration for the
public interests displayed in discharg¬
ing the arduous and delicate task.
The message of the president urging
congressional action to relieve the
present financial distress was read and
referred to the committee on ways and
means, as was also the resolution pro¬
viding for a holiday reoess. It was
stated by the leaders of the house that
it was probable the president’s rec¬
ommendation would be followed and
no holiday reoess taken. On motion
of Mr. Cannon a resolution was agreed
to authorizing the committee on ap¬
propriations to sit during the sessions
of the house. Also, on motion of Mr.
Dingley, a similar resolution was
agreed to for the committee on ways
and means. Messrs. Bankhead aud
Clark, of Alabama, and Hutcheson, of
Texas, appeared on the floor for the
first time this session and were sworn
in by the speaker. The house then,
at 12:55 o’clook, adjourned until Mon¬
day.
THE SENATE.
Though less than a dozen senators
were present when the session opened
Wednesday the Venezuelan issue at
once came into prominenoe, but not
directly as in the house, the senate’s
business taking the form of measures
for national defense. In presenting
a bill for the repeal of the law impos¬
ing disabilities on those who served in
the war of the rebellion, Mr. Hill,
democrat, New York, spoke briefly.
The main purpose, he said, was to wipe
out that feature of the statute which
prevented ex-confederates from serv¬
ing in the United States army and
navy. “It is most opportune at the
present moment,” said Mr. Hill, “that
these men of the south should join
those of the north in giving the coun¬
try any military or naval defense that
may be required.”
“There is no immediate haste,” said
Air. Platt. “The country is not like¬
ly to have a war before congress reas¬
sembles after the holidays. There
may be no objection to the repeal after
it has been examined. ” Air. Hill con¬
sented to let the bill lie on the table
for the present.
Air. Chandler immediately followed
with a bill “to strengthen the milita¬
ry armament.” The reading of the
title occasioned much whispered com¬
ment. The measure provides: “That
the president be, and he is hereby au¬
thorized and directed to strengthen
the military armament by adding
thereto, equipped for use, one million
infantry rifles, one thousand guns for
field artillery, and not exceeding five
thousand heavy guns for fortifications,
to be prepared by manufacture in the
arsenals, or by contract for manufac¬
ture, or by direct purchase in this
country or elsewhere, according to the
discretion of the president, who shall
confirm when practicable without un¬
wise delay to the methods prescribed
for making contracts and purchases by
existing laws. The Bum of one hun-
drod million dollars is hereby appro-
priated to carry into effect the provis-
ions of this act.” The bill was re-
ferred to the committee on military af-
fairs,
Another significant resolution was
offered by Air. Gallinger, republican,
New Hampshire, authorizing the sec¬
retary of war to contract for the pur¬
chase of an improved counterpoise
battery. The resolution went to the
committee on military affairs. The
senate then settled down to routine
business.
As soon as the senate journal had
been read and approved at Thursday’s
session, the clerk of the house an¬
nounced the passage by the house of a
bill appropriating $100,000 for the ex¬
penses of the commission to investi¬
gate the boundary between British
Guiana and Venezuela, and the vice-
president immediately laid it before
the senate. Senator Sherman moved
its reference to the committee on for¬
eign relations, but in the absence of
Mr. Alorgan, chairman of the foreign
relations committee, Mr. Cockrell,
democrat, Alissouri, requested Mr.
Sherman to withdraw his motion until
the arrival of the senator from Alaba¬
ma. This was done and so the spec¬
tators, anxious to have Venezuelan
affairs discussed, were disappointed,
for the present at least. Some routine
matters, including the reoeipt of the
house holiday recess adjournment bill
and the Armenian correspondence oc¬
cupied the senate before Mr.' Alorgan
entered the chamber. Several of the
republican senators at once held a hur¬
ried consultation with him.
When the house Venezuelan bill was
again laid before the senate, Air. Mor¬
gan immediately moved to refer it to
the committee on foreign relations,
and took the floor in support of his
motion. “I should prefer, ” he said,
“to leave the matter in the hands of
the president, who has shown no dis¬
position to shirk his responsibility so
far. His attitude has been courageous,
firm and decisive.” He, for one, was
willing, after decorous investigation, to
adopt the president’s suggestions and
pass the resolution.
Mr. Morgan was followed by Sena¬
tors Sherman and Lodge. Mr. Sher¬
man said he thought there would be
“In Union, Strength and Prosperity Abound.”
no war, and said aotion should not be
taken hastily. Mr. Lodge, in a vigor¬
ous speech, said he was not in haste,
but he thought the time for the com¬
mission to report should be limited,
and gave notice of an amendment that
the commission should report by April
1. Mt. Voorhees, democrat, Indiana,
took ground in favor of immediate months ac¬
tion. Great Britain took five
to say that she would not arbitrate.
He thought we should not make any
further delay, but appoint a commis¬
sion to see what belonged to Great
Britain and give her that and no more.
He did not believe there was any dan¬
ger of war, but thought the dignity of
the United States demanded that we
should act without any farther delay.
Mr. Allen, populist, Nebraska, ob¬
jected to a second reading of the bill,
which would carry it over until Fri-
day. In a short speech he said he did
not expect that there would be any
war. He thought the amendment pro¬
posed by Mr. Lodge meant that this
would be more of a political war than
anything else. Mr. Hawley, republi¬
can, Connecticut, said it was not so
much a case of war as information.
No one knew what were the facts.
Great Britain herself did not know.
He wanted the bill referred, because
it was the dignified and proper way.
Air. Teller said there was no haste in
the matter. The boundary question
was one of long standing and Great
Britain was taking no extraordinary
steps in regard to it. He did not care
if the committee took a month to con¬
sider the bill.
At the conclusion of Mr. Teller’s
speech Senator Morgan said he would
like to have the bill referred to the
foreign relations committee, but un¬
less the objection to its second reading
was withdrawn it would have to re¬
main on the table until Friday.
• Mr. Allen refused to withdraw his
objection and so the bill went over.
The proceedings in the senate Friday
were opened with prayer by its blind
chaplain, invoking the Christmas in¬
fluence of “peace on earth and good
will toward men.” It was delivered
with such feeling, earnestness and elo¬
quence that it was ordered to be print¬
ed in the Record—a very unusual
privilege to be accorded to a chap
Iain’s opening prayer. The day, how¬
ever, did not respond to that peaceful
opening, and. when the hour of ad-
journment earn e the senate had passed,
without amendment and without a
single negative vote, the house bill
appropriating $100,000 for a commis¬
sion to report to the president on the
true divisional line between the re¬
public of Venezuela and British Gui¬
ana.
Before the Venezuelan matter came
before the senate, the resolution offered
Thursday by Air. Allen, of Nebraska,
directing the finance committee to in¬
quire into the advisability of opening
our mints to the free coinage of silver
and the issue of treasury notes to pro¬
vide for the contingency of war be¬
tween the British empire and the
United States of America was taken
up. Mr. Ailen referred to the bill re¬
cently introduced by Air. Hill, to en¬
able ex-confederate officers to be com¬
missioned as officers in the army or
navy of the United States, the one in¬
troduced by Air. Chandler for an ap¬
propriation of $150,000,000 for rifles
and cannons and the two introduced
by Air. Hale for an increase of the
navy and for a reconstruction of the
United States ship Constitution, as so
many proofs of the war spirit in the
senate. It was necessary, Mr. Allen
thought, for the populist party to take
a stand in the matter. Realizing that
fact, the resolution had been prepared, Mr.
as money was essential to war.
Platt moved to refer the resolution to
the committee on finance. Defeated—
yeas, 24; nays, 36. The resolution
was then agreed to, Mr. Allen having
withdrawn the preamble, It now
reads:
“Resolved, That the committee on
finance be, and they are hereby direct¬
ed and instructed to inquire and re¬
port by bill or otherwise, whether it
would not be expedient and proper for
the government of the United States
of America at this time to open its
mints to the free and unlimited coin¬
age of gold and silver at the ratio of
16 to 1, and in addition thereto issue
an adequate volume of full legal ten¬
der treasury notes in the same manner,
such notes having heretofore been is¬
sued and in the interest of national
safety withdraw the issue power of na¬
tional banks and retire all bank cur¬
rency. o’clock the proceeded
At 3:45 senate
to executive business, and when the
doors were opened at 4:30 o’clock the
presiding officer laid before the senate
the president’s message asking that
no recess be taken until after financial
legislation necessary to preserve the
credit of the government had been en¬ ad-
acted, At 4:30 p. m. the senate
journed. directly
There was nothing of a war¬
like character in the senate discussion
Saturday, but there were several finan¬
cial propositions and declarations.
The first of these was a resolution of¬
fered by Mr. Vest directing the secre¬
tary of the treasury to coin the silver
bullion in the treasury into standard
silver dollars, and to pay with them
the certificates issued under the law on
July 14,1890, in purchase of the bull¬
ion; also to pay the greenbacks in
standard silver dollars, or in gold,
using whichever may be most abund¬
ant or convenient. Mr. Yost wished
to hove his resolution immediately
considered, but objection was made
by Mr. Platt, and the resolution went
over for the day. A like fate attended
a somewhat similar resolution offerod
by the new populist senator from
Forth Carolina, Mr. Butler, directing
the payment of the interest and prin¬
cipal of the government’s coin obliga¬
tions in gold or silver as long as the
two metals are on a parity; and in
silver when that metal is below parity
with gold.
Senators Stewart and DnBois made
speeches denouncing President Cleve¬
land’s financial message.
A greeting of the federal senate of
Brazil to the United States senato for
the “worthy message of President
Cleveland which so strenuously guards
the dignity, sovereignty and freedom
pf the American nations” was com¬
municated from the state department
and was read and referred to the com¬
mittee on foreign relations. The for-
tications bill heretofore introduced by
Mr. Squire, republican of Washington,
was reintroduced with an “emergency
clause, making the appropriation of
$87,000,000 immediately available if
so ordered by the president.” This
clause, he said, was desirable “in view
uf changed conditions. ” The holiday
recess resolution having failed be¬
tween the two houses, the senate at
1:45 p. m. adjourned till Tuesday.
NO POLITICS IN IT.
The American Federation of Labor
Adjourns Sine Die.
The American Federation of Labor
Tuesday continued to boycott the pro¬
duct of the American Tobacco Compa¬
ny. The brewer workers caused the
reaffirmatjon of the boycott against
the St. Louis English syndicate beer
and the New York pool beer. The
boycott levied on Hackett, Carhart &
Co. was raised. The matter of a boy¬
cott on the breweries of Engal & Baltz,
at Philadelphia, was referred to the
executive committee.
The question of the federation tak¬
ing part in politics was disposed of by
the adoption of this resolution:
“Resolved, That this convention
declares that party politics, whether
democratic, republican, socialistic,
populistic or any other, should have no
place in the federation of labor.” 1,460
This was carried by a vote of
w 359.
It was regarded as a great blow to
the socialistic element.
Resolutions of sympathy with the
Cubans and of regret for the death of
Allen G. Thurman were adopted.
The question of election of two fra¬
ternal delegations to the British trade
congress, to be held September 3rd,
1896, was then taken up and resulted
in the selection of John McBride, re¬
tiring president, and Adolph Straus-
ser, of Buffalo, ex-president of the
International Cigar Alakers’ union.
After congratulatory resolutions on
the presidency of ex-President AIc-
Bride had been adopted the conven¬
tion adjourned sine die.
ISSUE OF BONDS DECIDED UPON.
A Conference at the White House Sun¬
day.
A Sun special from Boston, Mass.,
says:
“The Globe’s Washington corre¬
spondent sent the following Sunday
night: Another issue of bonds will be
made. 1 This is the result of a confer¬
ence at the white bouse Sunday after-
noon.between the president, Secretary
Olney, Secretary Carlisle, Secretary
Lemont and Attorney General Harmon.
“During the past forty-eight hours
the president, through his friends, has
been carefully feeling the pulse of
congress to ascertain whether the leg¬
islative department would comply with
the request contained in his special
message of Friday, and without delay
take steps to properly protect the
treasury. by the passage of adequate
financial legislation.
“The utmost secrecy in regard to
the new bond issue has been maintain¬
ed, and at the present time probably
not a dozen persons, including the
members of the cabinet, know of the
conferepce or the important deoision
which was reached at the meeting of
the president and a few of his advis¬
ers. ”
BANK QUITS BUSINESS.
Stockholders of the Empire State
Bank, N. Y., Cease Operations.
The Empire State bank, of New
York, has,retired from business aud
will wind up its affairs through the
Astor Place bank, where all deposi¬
tors will be paid their balances on ap¬
plication.
This action of the retiring bank was
the result of a recent meeting of stock¬
holders. The bank has not been as
successful as was expected and the
stockholders deoided to wind up its
affairs and retire from business. It has
long been known in banking circles
that there were too many little state
banks in the city. These little state
banks are unable to compete success¬
fully with the national banks. It is
said that more of them are likely to re¬
tire from business shortly.
We onjoy ourselves only in our work
—in onr doing; and our best doing is
onr bebt enjoyment.
VOL. VI. NO. 44.
MORE BONDS.
RRESIDENT CLEVELAND ISSUES
THE CALL.
He Asks Congress for Prompt Aid In
Sustaining Our Credit.
The news that there had been a big
slump in stocks in both New York and
London and that the gold withdrawals
for export Friday would approximate
$4,000,000 and possibly more, created
something of a sensation among the
treasury officials. At about noon, As¬
sistant Secretary Curtis had a conver¬
sation with New York parties over the
long distance telephone, and at its con¬
clusion hurriedly left the department
for the White House, where the cabi¬
net was in session. He was shown
into the president’s room, where he
was joined immediately by Secretary
Carlisle. The substance of Mr. Curtis’
information was laid before the presi¬
dent and the cabinet.
Those present besides the president
were lisle, Secretary Olney, Secretary Car¬
Attorney General Harmon, Post¬
master General Wilson and Secretary
Morton. The absentees were Secre¬
tary Lamont, who is in New York;
Secretary Herbert, who was in a rail¬
road train between New York and
Washington, and Secretary Hoke
Smith, who was detained at home by
the dangerous illness of his little
daughter. Reports of the serious con-
dition of affairs in Wall street had
been coming for an hour and after the
cabinet assembled these were sent as
fast as received to the treasury officials,
who dispatched the information to
Secretary Carlisle at the white house.
Before the session had lasted two
hours a deoision had been reached to
send to congress the message trans-
mitted later. At 1:30 o’clock it was
decided by the officials to take a recess
in order to give the president an op-
portunity to draft the message.
Mr. Cleveland set to work in pre-
paring the document and probably had
all his ideas in presentable shape when
his official associates returned an hour
later. By this time it had become
known that the gold withdrawals
amounted to $3,400,000, bringing
down the gold reserve to $69,288,000,
very nearly to the figure whioh was
reached at the time of the first bond
issue in February, 1894.
It was 4:40 o’clock when the cabinet
meeting adjourned. Twenty minutes
before that time Mr. P. L. Pruden,
assistant secretary to the president,
had started from the white house with
a copy of the message, to be delivered
to the senate.
It was very shortly before 4:30
o clock that the message was read. It
dealt directly with the financial situ¬
ation :
To the Congress—In my last annual
message the evils of our present finan¬
cial system were plainly pointed out,
and the causes and means of the deple¬
tion of the government were explained.
It was therein stated that after all the
efforts that had been made by the ex¬
ecutive branch of the government to
protect our gold reserve by the issu¬
ance of bonds amounting to more than
$162,000,000,such reserve then amount¬
ed to but little more than $79,000,000;
that about $16,000,000 had been drawn
from such reserve during the month
next previous to the date of that mes¬
sage, and that quite large withdrawals
for shipment in the immediate future
were predicted.
“The contingency then feared has
reached us, and the withdrawal of
gold Bince the communication referred
to and others that appear inevitable,
threaten such a depletion in our gov¬
ernment gold reserve as brings us face
to face with the necessity of further
action for its protection. This condi¬
tion is intensified by the prevalence in
certain quarters of sudden and unusu¬
al apprehension and timidity in busi¬
ness circles.
“We are in the midst of another
season of perplexity caused by danger¬
ous and fatuous financial operations.
These may be expected to recur with
certainty as long as there is no amend¬
ment in our financial system. If in
this particular instance our predica¬
ment is at all influenced by a recent
insistence upon the position we should
occupy in our relation to certain
questions concerning our foreign poli¬
cy, this furnishes a signal and impres¬
sive warning that even the patriotic
sentiment of onr people is not an ade¬
quate substitute for a sound financial
policy.
“Of course there can be no doubt in
any thoughtful mind in the complete
solvenoy of onr nation, nor can there
be any just apprehension that the
American people will be satisfied with
less than an honest payment of onr
public obligations in the recognized
money of the world. We shonld not
overlook the fact, however, that
aroused fear is unreasoning and must
be taken into account in all efforts to
avert public loss and the sacrifice of
our people’s interests.
“The real and sensible cure for onr
recurring troubles can only be effeted
by a complete change in onr financial
scheme. Pending that, the executive
branch of the government will not re¬
lax its efforts or abandon its determin-
1.00 A Year.
ation to use every means within its
reach to maintain before the world
American credit, nor will there be any
hesitation in exhibiting its confidence
in the resources of ouroountry and the
constant patriotism of our people. In
view, however, of the peculiar situa¬
tion now confronting us, I have ven¬
tured to herein express the earnest
hope that the congress in default of
the inauguration of a better system of
finance will not take a recess from its
labors before it has by legislative en¬
actment or declaration done some¬
thin'? not only to remind those
apprehensive among onr people
that the resouroes of this gov¬
ernment and a scrupulous re¬
gard for honest dealing afford a
sure guarantee of unquestioned safety
aud soundness, but to reassure the
world that w itli these factors and the
patriotism ox our citizens, the ability
and determination of our nation to
meet in any circumstances every obli¬
gation it incurs do not admit of ques¬
tion.
“I ask at the hands of the congress
such prompt aid as it alone has the
power to give to prevent in a time of
fear and apprehension any saerifice of
the people’s interests and the public
funds or the impairment of our public
credit in an effort by executive action
to relieve the dangers of the present
emergency. “Grover Cleveland.”
GROWTH OF THE SOUTH.
The Industrial Condition as Reported
for the Past Week.
Report* as to southern industrial
and business conditions for the past
week show that no unusual activity
exists, while there is little or no fall-
i ng off in the amount. Cotton is not
coming forward. Large planters are
j n condition to hold their cotton for
the higher prices which they believe
will be realized before the new Beason.
Late returns as to the amount of cot-
ton on hand show that it has been un¬
deresitmated. Strong efforts will be
made to influence the planting of a
limited nrea^ Southern cotton mills
are busy, and inorease in number
from week to week. A good many
knitting mills are being put in op-
eration, and there is an increase
i n the number of woolen mills. The
Bat of new textile mills for the
week includes cotton mills at Aloun-
tain, N. C., and Chesterfield, S.
c., knitting mills at Atlanta, Ga.,
an d Martinsville, Va., and wool-
en m ills at Knoxville, Tenn. The
agreed upon reduction in the out-
p „t Q [ p j ae lumber has gone into
effect, and by its terms the supply will
a ot be in excess of the demand, and a
f fl i r amonn t 0 f business will result,
Other kinds of lumber are steady, but
a ot j a excessive demand, and prices
i are we u maintained. Iron production
j continues unchanged. Large orders
are less plentiful, but many small ones
are received from day to day, and or¬
ders yet unfilled will keep the furnaces
in active operation for some time to
come. Coal is firm at unchanged
prices, and the output in the southern
field is not accumulating in first hands.
Manufacturing and mercantile busi¬
ness continues fair, but there is no ex¬
cessive demand.
Among the new industries incorpo¬
rated or established during the week
are: The Howard Oak Leather Co.
of Buena Vista, Va., capital $1,000,-
000; the Gordon Cooperage Co., Ltd.
of New Orleans, La., capital $100,000,
and the S. G. Webb Chemical Co. of
Richmond, Va,, with $50,000 capital.
The Black Diamond Coal Co. has been
chartered at Rockdale, Texas, with
$40,000 capital; a $25,000 barrel fac¬
tory is reported at Memphis, Tenn.,
the Reid Oil and Gas Co. of Wheeling,
W. Va., capital $25,000, and the
Southern Stationery Co., capital $25,-
000, has been chartered at New Or¬
leans, La. The Camp Carriage Co.,
capital $12,500, has been incorporated
at Jackson, Aliss., and the Hibbard
Alining and Alnnufaoturing Co., with
$10,000 capital, at Camden, Ark.
There is also reported a oanning fac¬
tory at Jessamine, La.; a cotton oil
mill at Heidelburg, Miss.; electrical
plants at Lake City, Fla., and Green¬
ville, N. C., and a grist mill at Birm¬
ingham, Ala. Iron and wire works
are to be established at Memphis,
Tenn.; coal mines are to be opened at
Paintsville, Ky., and iron mines at
Troutville, Va. ; a packing house is to
be built at Arkansas Pass, Texas, and
new woodworking plants are reported
on a large scale in Baker Co., Fla., at
Lancaster, 8. 0., and Memphis, Tenn.
The new buildings of the week in¬
clude a $12,000 church at Valdosta,
Ga., a $15,000 church at Athens, Ga.,
a $100,000 club house at New Orleans,
La., and a $35,000 residence at Law-
renceville, Va.—Tradesman (Chatta¬
nooga, Tenn.l
LEASED TWO LINES.
N. C. & St. L. Has Taken Possession oi
Roads Bought by the L. & N.
The Nashville, Chattanooga and St.
Louis railroad has leased from tho
Louisville and Nashville, the Midland recent
purchaser, the Tennessee
road, extending from the Tennessee
river to Memphis, and the Paducah,
Tennessee and Alabama railroad, froBji
Paducah, Ky., to Lexington, Tenn.
Possession of these roads has been
taken.