Newspaper Page Text
THE TTHCE- A - WEEK TELEGRAPH
It. Mr. Speaker? This great snout.
1 believe." Mr. Stephens says that
Flournoy'* whole object 'eerr.od to
he to show that the entire scheme was
wi fi ami Islorinry—would be an ond-
lew» waste of money with no return.
Mr. Stephens tells of Representative
William B. Pryor, of Harris County,
who spoke for the road as "begin
ning nowhere and ending nowhere",
and th< utter Impracticability of build
ing a railroad "over mountains too
steep for a spider to crawl up.”
In this ran
speaks of an
which he said
It occurred In
ie letter Mr. Stephens
incident In the debate
he would never forget.
h bv Ed ward T.
id voc;
HI
spi
ted the road. Mr.
It was an anachror.-
lardonablc In an ex-
by a young orator,
some merriment at
11 was winding up
i which I do not re-
nclading words v.-en*
'the last of Romans
Hill, wh
Stephens ravs.
Ism In a figure, i
temperarv speech
but which
his expen
with some tlouri
collect, but the (
somethin* about
being buried in the tomb of the Capu-
lets." This t a used a lamsh In the cir
cle near him. but an old gentleman,
a plain farmer-looking member, who
sat some distance off. noticing the
laugh, and not knowing or understand-
'ng the causa of it. Inquired: “who
did he s .iv was dead." Whereupon,
flournoy then answered him with
countenance expre
•ete and seriousness
Mr. Roman was dead, and buried with
his cap on.”
speaker Joseph Pay presided through
Tie exciting debate with Impartiality
and great patience. Mr. Stephens
jays that on the last night of the
fesslon. Flournoy, in one of his sal-
'les. by way of compliment
Speaker, startled the House
announcement of a propositi"
no said he intended to move—that was
to "amend the Bible.” He said, he
.ntonded at the proper time to move
10 strike out the word "Job - wherever
it occurred In the good book, and In-
»ert In its stead "Joseph Day.”
WHY NERVOUS
PEOPLE ARE
PALE
PEOPLE
Showing Also How a Medioina TH
Makes Rich, Red Blood Can Per
form Wonders as a Nerve
Tonic.
HOKE SMITH DISCUSSES
TRANSPORTATION RATES
It may not he generally known that
a convention of the friends of the
proposition to construct the State rail
road was held In Macon. Just before
the meeting of the l.egls!:. litre in 1S3G,
with the view to bring as much out
side pressure ns possible upon the
General Assembly. Some of the ablest
men in Georgia were In attendance;
enthusiastic speeches were made, res
olutions favorable to the project were
adopted, and a committee of renre-
sentatlvc Georgians was appointed to
memorialize the Legislature In behalf
of the enterprise. As I have previous
ly »hown. the idea of building the
first railroad ever chartered In Geor
gia. the Central, was conceived in the
brain of a Macon citizen, and the first
real boost to the construction of the
Stale road was born here in Macon.
This city had already entered heartily
Into the project of building a line from
Macon to Savannah, and from Macon
to Atlanta, and frun Atlanta the
plucky and progressive city of Macon
was in favor of constructing an outlet
to the West. The memorial alluded to
above was drawn bv one of two groat
Georgians, either Absolom H. Chap-
pel nr James &I. Berrien. The memo
rial wns presented to the House by
William W. Gordon, of Chatham. Rep
resentative John B. Lamar, of Bibb,
tvns a decided friend of the bill to
build the road. One of the most im
portant measures that will be Intro
duce at the approaching session of
.lie Legislature will be the proposi
tion by Hon. Hooper Alexander, of
PeKnlb County, to extend the State
road from Atlanta to the seaboard.
Why are nervous people unvariably
pale people?
The answer to that question explains
why a remedy that acts on the bloqfl
can cure nervous troubles.
It explains why Dr. Williams’ Pink
Pills for Pale People are also for nerv
ous people. 1
It is because of the intimate relation
between the red corpuscles in the blood
and the health of the nerves. The
nervous system receives its nourish
ment as well as its medicine through
the blood. Let the blood become
thin, weak and colorless and the
ng perfect nai- j nerves are starved—the victim is start-
"He said that old | ed on the road that leads to nervous
wreck. Nervous people are pale peo
ple—but the pallor comes first. Enrich
the blood and the nerves are stimu
lated and toned up to do their part of
the work of the body. Dr. Williams’
Pink Pills make red blood and trans-
lis sal- I form nervous. Irritable, ailing people
to the into strong, energetic, forceful men
by the and women.
which I Proof of this statement appears In
the testimony of Mrs. Harriet E. Por
ter. of 20 Liberty avenue. South Med
ford, Mass., a woman highly esteemed
in her community and prominently
Identified with its church work.
"I had never been well from child
hood,” she says, "and a few years agi?
I began to have dizzy spells. At such
times I could not walk straight. I was
afraid of paralysis and was on the
verge of nervous prostration. Then
neuralgia set In and affected the side
of my face. The pains in my fortfiead
were excruciating and my heart pained
me so that my doctor feared neuralgia
of the heart. I tried several different
kinds of treatment but they did me no
good.
"One day my son brought me some
of Dr. Williams' Pink Pills and I
found that they strengthened my
nerves. I took several boxes and felt
better in every way. There were no
more dizzy attacks, the neuralgia left
me and I have been a well woman over
since. I have recommended the pills
to a number of my friends.”
Dr. Williams’ Pink Pills are adapt
ed for diseases due to impure blood
and shattered nerves. They are in
valuable in anaemia, rheumatism, aft
er-effects of the grip and fevers and
In sick headaches, dizziness, nervous
ness. neuralgia, and even partial pa
ralysis and locomotor ataxia.
A valuable booklet, "Nervous Dis
orders.” will be sent free on request to
any one interested.
Dr. Williams’ Pink Pills are sold by
all druggists, or will be sent, post-
paid, on receipt of price, 50 cents per i proximating
box. six boxes for $2.50, by the Dr. ' ' ’
Williams Medicine Company, Schenec
tady, N. Y.
CINCINNATI, March 14—The dan
ger in unrestricted management of
railroad properties and the necessity
for Government control to prevent dis
crimination In rates were urged by
Gov.-elect Hoke Smith, of Georgia, in
an address on "Transportation” before
the Cincinnati Receivers’ and Ship
pers’ Association tonight. Between
three and four hundred business men
limited by legislation, It is to be hoped
that these officials will in future at
least fully hear the facts of a case be
fore they interfere with co-ordinate
branches of Government.
"Limited railroad ownership, na
tional. State and municipal, may be
necessary to supplement national and
State control.
"The people are daily gathering in
formation on transportation questions.
They realize, as never before, the un-
SLUMP IN STOCKS LED
BY UNION PACIFIC
of Cincinnati and vicinity heard the ! Just burdens which have been placed
upon them. The future is full of
• Mr. Neyle Colquitt, formerly city
•dltor of the Savannah Press, and now
secretary to the Mayor of 'Savannah,
does not Ihlnk it was his grandfather,
the famous Walter T. Colquitt, who
declared that he could swallow Aleck
Stephens. Mr. Colquitt is of the opin
ion that It was Judge Cone who ex
pressed his ability to perform this feat,
and In retort Mr. Stephens said Cono
would then have more brain* In his
stomach than-In his hend. The men
tion of Judge Cone’s name recalls the
terrible encounter that occurred be
tween Cone and Stephens on the piazza
of Thompson’s Hotel; in Atlanta. Sep
tember 4. 1848, which nearly cost Mr.
Stephens his life. Judge Cone lived
1n On ene County, and was a very
aide lawyer. He wns a man of humor,
and wns highly esteemed. On August
7, 184.8. Mr. Stephens delivered a great
speech In Congress on the question of
slavery legislation for the Territories
of New Mexico and California, obtain
ed from Mexico by treaty. Only seven
Southern members in Congres-s sus
tained the position of Mr. Stephens.
He was severely criticised by the
press and on the stump in Georgia.
He returned to this Slate and threw
himself Into the heat of the campaign.
»nd with undaunted courage meeting
his accusers on the hustings.
address, which was delivered at the
annual banquet of the organization.
Mr. Smith spoke about transportation,
saying there was no more important
and difficult problem to be solved by
the people of the United States. "The
interests controlling the railroads, as
a rule.” he said, "study the problem
of making Immense fortunes at once
out of increased stock and bond is
sued. The right to earn a just in
come on actual Investment in the prop
erties does not interest them. They
are careless of the duties owed by
the transportation companies to the
public. . i
Billions Invested in Roads.
"The railroad, properties of the
United States are capitalized at over
$13,000,000,000. Careful estimates of
their actual values show them to bo
worth less than $6,000,000,000. The
public therefore, are being called on
to pay excessive rates for transporta
tion to make interests and dividends
on $7,000,000,000 of watered stocks and
bonds. These bonds and stocks rest
liki a permanent mortgage upon in
dustries of those engaged in the vari
ous avocationK of life.
’The transportation company Is a
public enterprise. The railroad is built
by the use of the State’s power of
eminent domain. The public are en
titled to a voice in the charges which
are made by the railroad company for
carying passengers and freight. These
charges must be reasonable and free
from discriminations.
“The duties of a railroad company
are dual: First, to the public: sec
ond. to its stockholders.
“The public must look to the States
and to the nation to protect their
rights.
“When we realize that over half the
stocks and bonds issued by the rail
road companies of the United States
aro speculations and not based. upon
hope.”
SYMPATHETIC BREAK
LIVERPOOL spots closed 6.00
NEW YORK spots closed 11.20
NEW ORLEANS spots closed 107a
THE LOCAL COTTON MARKET.
The local cotton market yesterday
was steady and unchanged at the follow
ing quotations:
Range of Prices.
Good Middling 11
Strict Middling 10%
Middling 10%
Strict Low Middling 10
Low Middling 9%
Spot Cotton Movement.
Recta. Ship. Sates.
March 9. 1907
March 11, 1907 10
March 12. 1907 2
March 13. 1907 10
March 14. 1907 10
Stock on Hand.
Sept. 1. 1906 2.574
March 14, 1907 2.294
NEW YORK.
NEW YORK. March 14.—The cotton
market showed an undercurrent of nerv
ousness and excitement during today's
trading, which led to an active profes
sional business and caused a sharp break
after an early rally. The close was barely
steady at a decline of 3 points to an
advance of 2 points. Sales for the day
were estimated at 300.000 bales.
The opening was steady at a decline of
la* points under a few over night selling
MAGNETS
NEW YORK. March 14.—Liquidation
was of a volume and character today, such
as has not been witnessed on the stock
exchange since February' 9. 1901. when
the development of a corner in Northern
Pacific precipitated one of the severest
short panics ever seen in the New York
market.
The extreme violence of declines on
that occasion was due largely to the
fact that it broke in abruptly upon a
period of boom and rising prices. Today’s
demonstration was radically different in
that it succeeded a prolonged period of
liquidation and severe decline in prices.
Not only had much been accomplished
towards the necessary liquidation before
the present break, but the notion of the
market had begun to reflect a return of
confidence early this week, and a general
conviction had grown up that the worst
was over.
The sudden and acute outbreak of re-
violence to the feeling of despondency
in speculative circles regarding the ef
fects of the public agitation against cor
porations and the nearly universal trend
of legislative measures against them. The
speculative circles are not disposed to
rely on their own information and deduc
tions as to the extent and the significance
of these developments. The extreme sen
sitiveness of sentiment on the subject is
founded on suppositions of what tho great
authorities in the railroad and financial
world think on the subject. The recent
events have created the impression thnt
these authorities are in a condition of
keen anxiety and evon of fright about
the prospect they have to face in this
matter. Some of the steps taken with
the intention of allaying apprehension on
the subject seem to have been principally
instrumental in aggravating it. This was
notably true of the visit to Washington
early' In the week of J. P. Morgan, with
the avowed purpose of acting as media- the opportunity presented itself. No
e e " 6 president and the rail- i opportunity should be lost by railway
thfpresTd P ent to ! ° mcIa,s ‘° atleild Public meetings and
public apprehension regarding the credit town gatherings. In that way' a better
of railroad companies. There was a mo- j feeling could be created on all sides,
mentarv sense of relief manifest in the , “Another plan that would doubtless
stock markets of the early part of tho | bring about good results would be the
formation of joint committees made up
of traffic men and shippers. No legal
power should be given to such commit-
NEW YORK, March 14.—While unu
sual interest was displayed today in
the financial district over the confer
ence arranged by J. P. Morgan be
tween President Roberts. James Mc-
Crea of the Pennsylvania. Marvin
Hughltt of the Northwestern. W. H.
Newman of the New York Central, and
Charles S. Mellen of the New Haven,
a wide difference of opinion was ex
pressed as to exactly what was meant
by a closer co-operation between the
railroads, the shippers and the Gov
ernment.
In discussing the subject with rail
road officials today, one point most
clearly brought out was that in order
to effect beneficial co-oporatinn, defi
nite plans should be formed looking to
wards that end. It was the consensus
of opinion that inasmuch as great re
sults were expected to result from
Thursday’s conference much thought
should be be given to the subject by
railway officials in general.
President Willcox of the Delaware
and Hudson was asked among other
railway officials, for his opinion as to
what definite policy could be adopted
by the railroads to co-operate with the
Government and the shippers, and with
the view to bringing about a better
understanding. He expressed himself
as follows:
One Method Suggested.
CAME HA HOLDUP
IH HOWIE’S FUNERAL
WORKMEN ON VAULT BROKE
DOWN CEMETEYR’S GATE,
AND POLICE THREATEN
ED ARREST
CHICAGO. March 14.—The funeral
of John Alexander Dowie was held in
Zion City today, the interment being
in Lake Mound qemetery in Zion City.
Early in the day it was believed that
the funeral might be postponed be
cause of the action of the workmen
who were constructing the vault in the
cemetery. When entering the ceme
tery this morning they broke the gate
and the management of the cemetery
at once demanded a warrant for thr
arrest of Gladstone Dowie, charging
him with the damage. The police took
the matter under advisement and it
was finally smoothed over and young
Dowie was not arrested.
The funeral in itself was quiet and
unostentatious. The hearse was drap
ed In white, and was drawn by two
white horses. A small portion of tho
magnificent choir that formerly offi
ciated in Zion City tabernacle, was
present and sang several hymns. Tho
body of Dowie was arrayed in the
wonderful white robe which he has
worn since ho assumed the title of
"First Apostle of the Christian Cath-
olic Church.” The garment required
In my opinion much could be accom- | s * x months of constant labor for its
plished if the freight agents and Indus- ! construction and elaboration. Tho
trial representatives of the railroads ! funeral oration was delivered by At-
would become members of boards of I torney \. Barnes, who was tor
trade and commercial clubs wherever I many years the constant friend of the
' deceased leader. The funeral cortege
I was attended by hundreds of tho
members of the church.
week without any clear Idea being enter
tained of the steps to be taken or the
purpose that would be served bv them.
A vague supposition was entertained that
some striking and effective measure was
to be taken at Washington which would
put a new face on 1 the matter.
The panic broke out on the stock ex
change today in connection with the dis
patches from Washington to brokerage
houses that no change of policy or of
tees, but meetings should be held to
find some middle ground in all quar
rels or disputes.”
When asked if the recent in
creases in dividends were in any
way connected with the present move-
administrative conduct was to be expected 1 ment to increase freight rates, Presi-
in Washington. This.appo-ilod strongly to dent Willcox replied:
the speculative imagination and 'ears
as sweeping away the last bulwark of
of long cotton was’ not great and shortly
after the opening prices rallied on cover
ing of shorts and buying for a turn, en-
couraged l>v lighter estimates for tnmnr-
money actuallv invested in the prop- I row’s receipts at the leading points and
e ties we see how reeklpcslv the rio-hto 1 by the that demoralized conditions
e ues. u e see now recklessii the rights i in Wa „ street Verted their effect on
speculative holdings of cotton. Prices ral-
lied to a net advance of about 12al3
orders and lower cables, but the pressure ! protection for the railroad companies
' ' from tbs onset of indignant public dis
approval and even threatened confisca
tion. Speculative operators saw this view
of the situation confirmed In the m.vsto- ,
rious and overwhelming outpouring of |
of the public have been disregarded.
Trend to Government Ownership.
. _. . mand. with May selling around 9.75
more and more fatorable to Gotern- j a g?ainst 9.5S at the opening, but there
ment ownership of transportation : seemed to be no very aggressive bull
companies. I do not doubt. While j support, trading quieted down on the
there are advantages as well as disad- : advance and the market broke sharply in
vantages to be derived from Govern
ment ownership of all the railroads,
it is hardly more than an academic j
question at present. Anything ap-
ivholesole Government
hand, he held the knife above his ex
posed throat, crying. "Retract, or I will
cut your throat!” ’’Never! Cut!”
Mr. Stephens shouted. As the blade
was descending Mr. Stephens caught
It in his right hand, which was ter
ribly mangled as his antagonist tried
to wrench it away. Both men had
risen to their feet again, still strug-
the early afternoon owing to the renewal
of sensational weakness in the stock mar
ket and an evident fear of trouble in
financial circles. There was a big demand
for May on this setback, part of which,
it was thought, came from a spot house
with important New England connec
tions. and the market rallied a few points
toward the close on covering by room
ownership would be impossible for
many years to come sand the remedy
immediatelv befere us must necessarl- j ^ris? iSS.'fST J? crop^nt^ rria-
1> be to perfect the legal authority in . lively steadv. Weather news was with-
properi.v constituted agents to regu- j out special 'feature. Southern spot mar-
late and control, and then to enforce ; kets wore unchanged to %c. lower. Local
through these agents the rights of the
public.
"The rate making power has been
given to the national railroad commis
sion. We should not be afraid to
place upon that commission men suffi
cient in number to handle these ques
tions. Their pay should be ample and
seat on the national railroad corn-
seat on the Su-
of the United
gling. when friends rushed in and sep- ; mission should be regarded as one
nrated them, an Mr. Stephens was
carried into the hotel, and his wounds
immediately dressed. One of the stabs
had penetrated to within less than a
sixteenth of an inch from the heart;
intercostal artery had been cut.
from which in a few minutes more he
would have bled to death; and his
right hand was cut almost to pieces.
It was thought at first that he could
not possibly survive.
Johnston and Browne, in their life
!>f Alexander If. Stephens -rive a very
graphic account of the difficulty be
tween StMVr< and Con.-. Titov say
that Mr. H'-'t'h.t’.s ha-1 heard that
judge Gone had spoken in very acri-
nontous terms of his action, and had
■ven gone so far. !( was said, as to
denounce him as a trait m to his coun
try. This wns reported to Mr.
Stephens who said that he did not
believe that the Judge had so snoken:
out that n= soon h *hon’d meet
him he would ask him about the mat-
1 vowed It. ho would "slap
first meeting occur-
•athorlng. After the
anapany' sit
•e. and dur-
-ns took oc-
1 about the
pronounced
tressed his
* had n“ver
. Ho ndd-
iy anything
ona; but I
It will cer-
thors.
Tho biographers of Mr. Stephens say
that the painful affair was deeply re
gretted by all. but by no more than
by Judge Cone, who had always been
an amiable man. and had never before
been involved in any personal encoun
ter. The tauts of his political oppo
nents. and brooding over an Imagined
wrong, had for a time overthrown his
judgment, and driven him to an act
which he afterwards bitterly regretted.
Mr. Stephens was very averse to the
prosecution of Judge Cone for this
assault, and refused to appear as pros-
eoutor. The judge, however, was in
dicted. pleaded guilty to the lesser
charge of stabbing, arid was released
on payment of a fine of $1,000. The
amicable relations between the judge
and Mr. Stephens were restored after
some years, and were never again in
terrupted.
fully as exalted as
preme Court bench
States.
Give Power to Commissioners.
“Additional powers should be given
to the commissioners. Bonds and
stock Issues upon interstate railroads
should be submitted for their ap
proval, and none should be permitted
unless the money derived from their
sale Is to be spent upon the proper
ties made liable for them.
"One of the discouraging features of
the situation is the careless exercise
of the power of injunction by Federal
and State judges. If this cannot bo
spot people said that Southern holders
were paying little attention to the weak
ness of futures.
Receipts of cotton at the ports today
were 24.607 bales against 22,58 bales last
week and 10,863 bales last year. For the
week (estimated) 1C0.000 bales against
175.453 bales last week and 117,286 bales
last year.
Today's receipts at New Orleans were
S.21S bales against 4.850 bales last year,
and at Houston 9.7SS bales against 2,332
bales last year.
stocks which they attributed to capital
ists. who hold controilng interests in the
great railroads. The supposition that
railroad capitalists hold this opinion of
their precarious situation has been fos
tered by their attitude before the public,
and the complaints and even the appeals
through public channels they have been
making.
There came into the excited market
today also a rumor that differences of
opinion had arisen between Kuhn. Loeb A-
Co. and E. H. Harrlman. which prompted
a call op that financier to take up his vast
holdings of stocks with that firm. This
rumor was authoritatively denied. But
the fear It engendered had its part In
the demoralization of the dav The ex
cited market was accompanied by a rise
the call loan rate to 25 per cent and the
time market was practically unquotable.
This gave rise to fears of overstrained
credits in one direction and another
rumors pointing especially to the copper
“Dividends were increased at the de
mands of the shareholders. The price
of everything had advanced and rail
way shareholders were just as much
entitled to increased dividends as the
railway employes were to the 10 per.
cent Increase granted in wages. The
cost of money had also advanced, and
more inducement had to be offered in
attracting funds with which to make
the necessary improvements. The
needs for increased facilities on the
part of the railroads was in keeping
with the times.”
■B. F. Yoakum, chairman of the Rock
Island board, returned today from 3.
conference with President Roosevelt.
When asked for a suggestion of’ some
concrete plan for bringing about more
harmonious relations between the rail
roads and the public he replied:
"More than six months ago a num
ber of Rock Island officials, recogniz
ing the growing feeling of discontent
on the part of the public, made an ex
tensive trip over the system, with the
idea of returning to old-fashioned
HONDURAN REBELS
WERE VICTORIOUS
REVOLUTIONISTS CAPTURED SEV
ENTY OFFICERS AND
SOLDIERS.
• Soot Cotton and Futures.
NEW YORK. March 14.—Spot cotton
closed steadv: middling uplands 11.20;
middling gulf 11.45; sales 1316 bales.
Futures closed barely steady at the fol
lowing quotations:
ter. and 1f h
his face.” The
red at a Wh'g
speaking tvrs
down to a di’in
Ing its progress
t rat I fi'-a
himself
ner In n gi
is Mr. Stci
Judge Cr
the latter
tenhens t
rtv'ng that
ed the rep
.‘.1 "I do not mean to
offensive to veu. Judge
think it right to say. a
tainly be retin te 1 to y
that I said (after expressing rny dis-
bellef in the report), thnt if you avowed
the expression attributed • > vou. I
tvould slap your face." The judge re
pented his disavowal, and the matter
seeme 1 to have ended peaceably. But
the affair was talked all over the"State.
But the foregoing does not answer
the great question—"Who hit Billy
Patterson?” that is. who said he could
swallow Aleck Stephens? The query
j of the times remains unanswered, and
; Georgians must continue to walk in
the darkness until they can touch the
! hand of. positive fact and be led into
I the light. s his grandson says. Uni-
; ted States Senator Walter T. Colquitt
1 may not have been the man. But it is
I doubtful if Judge Cone was the person.
A. few days ago I referred in this col-
! umn to the celebrated debate at New-
! nan. in 1S43. between the brilliant
; Colquitt and "Little Aleck.” Judge
j Colquitt was regarded as invincible on
the stump, and before the meeting
with Stephens at Newnan he said that
( "bis hands itched to get hold of him."
, While the tournament of eloquence,
j wit and sarcasm was on in full bril-
I liar ay, and the two gallant knights
i were breaking lances against each
I other’s trusty shield, and it appeared
j that the chivalrous Colquitt was about
j to be unhorsed by one of the mighty
1 charges of the valiant Stephens, a
j champion of the latter, who was In
I the large and enthusiastic audience
i that was witnessing the bout, shouted.
"Judge, your hands itch to let him go
I now, don't they?” Colquitt and Sterh-
wife, a sister of L. Q. C. Lamar, were
charmed with the address, and they
presented to Mr. Johnson an elegant
silver service as a token of their ap
preciation of his noble utterances. I
was a kid then, but I remember that
on one of the pieces of silver was en
graved a sentiment breathed by Mr.
Johnson in his speech. I may be un
able to recall from that boyhoqd ob
servation the exact words, but as near
as my recollection serves me they
were as follows: “Georgia—In her
prosperity her smiles would deck an
angel’s brow; in her adversity her
tears would not stain an angel's
cheek.”
January ....
Onen.
....10.20
High.
10.33
Low.
10.20
Clos.
10.21
March
.... 9.41
9.62
9.48
9.51
April
9.53
May
.... 9.73
9.73
9.58
9.64
June
9.71
9.61
9.67
July
.... P.68
9.83
9.65
9.69
August
.... 9.71
9.86
9.70
9.73
September ...
.... 9.75
9..80
9.70
9.7S
October
.... 9.95
10.03
9.93
9.95
Xovember ..,
i5$;
9.96
December ...
....10.04
10.02
10.03
securities. Bankers asserted without res- i methods of dealing with our patrons.
?, nd ! In explaining the object of that trip
PRinstQKin^ scrutiny or conoitions fftllod ■ a _ i* ▼ _ ir .,,
to show any threat of money trouble or 1 a *- the time, I . tn ted that .n mj opinion
embarrassment in snite of the enormous ! one the difficulties which has con-
losses reported by the shrinkage of quo- j tributed as much ns anything else was
tatlons. This is considered the most re- j the fact that the railroads had drifted
markable feature of the present remarka- | too far several months mvself. Mr.
blc situation. I ndoubtedly Indiscrimna- wt nc hen and other executive officers
tion against some stocks in collateral for ant * <‘inei executive tinners
loans and their throwing out had to do I of the compahy. have made trips over
with much of the severe selling pressure. | the line - stopping off at different towns
Yesterday’s fears of foreign troubles j for the purnose of talking with the
were nroved entirely unfounded by to- shippers and the public generally at
, meetings called for that purpose. The
The market had substantially recovered obJect heln«- to nlaee more fullv before
at one time during the morning, and con- °pJ ecl oein„ to place more tuny Deiore
fidence was perceptibly established when ■ ^" e Patrons of our ,mes some of the
the wild llquldatlop in Union Pacific difficulties we both faced, and openly
started the demoralization In the whole ‘ and frankly discuss the matter on the
"st. . There were some violent gyrations ■ old-fashioned line of good-fellowship
fiSSS l ? r s ® cur ,f ‘ h " lr and harmonious relations. That this
enormous proniK at various times, but the , .j
. tone of demoralization continued praoti- ! J as . s ' the
I'** cally lm to the close. The Intended plan fact that the newspapers throughout
H “ of relief by the Treasury Department j the West have taken it up and have
was not made known until after the strongly approved the disposition
market had closed, but very specific re- j shown bv the Rock Island in bringin
ports were current of the intended ne- ., ro ,j n a *.„<-(■ relations between the
tion. without appreciably affecting the ? „ tn . e J? c , _ f en ' een tne
market. Some of the most conspicuous Public and their companies.
MANAGUA. Nicaragua, March 14.—
The Honduran revolutionists yester
day defeated the forces of President
Bonilla, of Honduras, near Tegucigal
pa. after fifteen hours' fighting. Tho
revolutionists captured seventy officers
and soldiers.
Many men were killed or wounded
on both sides. The commander of the
Honduran troops was Minister of War
Barahona.
Movement at the ; Ports.
Reeeints and Exports. ' “Today.
Consolidated net receipts.. 24,607
Exports to Great Britain.. 14.657
Exports to France.
Exports to continent 9.079
Exports to Japan
Stock on hand all ports. .1.028,604
Since September 1, 1906-
NOTICE TO SUBSCRIBERS.
Examine label on your pa
per. It tells how you stand on
the hooks. Due from date on
the label. Send in dues and
also renew for the year 1907,
MERCHANTS HAD TO LEAVE
THE SENATE CHAMBER,
and the judge crew persuaded th
was tho gerte-al opinion thnt he had
shown cowardice. Heatfd by this, he
wrote Mr. Stephens a letter, demand
ing .a retraction of his threat, to which | ens frequently met after this in knight-
Mr. Stephens replied 'n the sime way. i ly jousts. Their last debate occurred
saving that a* the threat had been In Forsyth. Monroe County, in 1848.
only contingent upon the avowal of i At the conclusion of this discussion.
Judge had pro- Judge Colquitt is reported to have
• said: "No man ever can make anv-
the report and as the
nouneed the report false, there was
no occasion for any offence or angry
feeling.
The account bv Johnston and Browne
further says, that bef re tho receipt
of this replv of Mr Stephens. Judge
Gone and the latter accidentally met
on the piazza of the hote! in Atlanta.
The Judge. !r. an argrv manner, again
demanded a retraction. Mr Sienhens
replied that the Judge had made thor
demand of him in a letter, to which he
had n'rondv replied in writing and
thnt he would give him no further
answer. Unon this the iudge called
him a traitor, and Mr. Stephens in
stantly struck him. across the fare with
a small cane in his hard. Livid with
fury, the judge drew a dirk-knife, and
attempted to stab him to the heart. In
his left hand he had a closed umb-ella.
which Mr. Stephens caught, and in
terposed as .a defence the judge mak
ing furious thrusts wtrh his )
wounding Mr. Stephens eighte
on the body nnd arms. At length the
Judge, who was a large, muscular man
rush»d upon him violently, the timbrel-
la broke, and Mr. Stephens fell unon
his back, his adversary throwing him
self upon him. Forcing Mr Stephens’
head back to the floor with his left
thing out of Stephens on the stump.”
Those were the days "When knight-
hood was in flower.’*
Herschel Vespasian Johnson, ex-
United States Senator and ex-Gover-
nor. one of Georgia’s ablest, men and
most eloquent orators, possessed con
siderable avoirdupois, and some have
said he was the statesman who pro
fessed his ability to swallow Stephe-
ens. In college they had been warm
friends, but a difference arose between
them, in 1844. when Johnson was a
Presidential elector for Polk. Stephens
supporting Henry Glay. Stephens and
Johnson had hot debates during the
campaign. Stephens challenged John
son to a duel in 1546. because of arti
cles written in the Federal Union by
Johnson in eritcism of Stephens’
speech in Congress on the Mexican
War. Johnson declined to accept the
d I challenge. The two men remained
tm jp j estranged until in 1S55. while Johnson
was serving his second term as Gov
ernor. when a reconciliation was ef
fected. Several years after the close
of the Civil War. but I do not re
member the occasion, Mr. Johnson de-
delivered a very patriotic oration. The
late John B. Ross, of Macon, and his
LINCOLN. Neb.. March 14.—Gov-
or Sheldon this evening sent a special
message to the Senate requesting that
body to revive the house anti-lobby
bill. The action of the Governor fol
lowed an exciting incident in the Sen
ate today when four Omaha business
men were order by Senators to leave
the chamber during consideration of
the pure food bill. The four men
.were charged with lobying in the in
terest of medicine manufacturers and
druggists.
NOTICE TO SUBSCRIBERS.
Examine label on your pa
per. It tells how you stand on
tlie books. Due from date on
the label. Send in dues and
also renew for the year 1907.
TWENTY IMMIGRANTS ARE
TO BE DEPORTED TO ENGLAND
Consolidated receipts 8.607.847
Exports to Great Britain 3.015 97.8
Exports to France 763.463
Exports to continent 2.663.S04
Exports to Japan 164,103
Price, Net Receipts, Sales, Stocks.
Tho Ports.
Price. IRects-l Sales. | Stck.
Galveston .
New Orleans
Mobile . . .
Savannah .
Charleston .
Wilmington ,
Norfolk . . .
Baltimore . .
New York .
Boston . . .
Philadelphia
Pensacola .
Brunswick .
• Ill K I
.110% !
-iio% 1
.110% I
.110% I
.'ion. i
.111% I
.111% .
..’11.20 I.
.111.20 I
..Ml.45 !
.1 1
8280! 1362672
S21SI 1475IS03457
249 300! 22964
41761 S7M00S01
Sll | 12646
100.1! | 16084
15SGI 376! 33885
I .8659
....I 1316M5S626
531! 1
25! | 2660
4371 1
. ...| | 5515
■ spicuous
of the day’s extreme declines were:
Union Pacific. 25%: Reading. 22^',:
American Smelting. 21%: Amalgamated
Cooper. 1831: Delaware and Hudson 19%.
and St. Paul. Northern Pacific. Southern
Pacific. Oceat Northern preferred Ana
conda. Pullman. Closs-Sheffiold Steel and
Brooklyn Transit. 10 to 13%. Revere
losses of less amounts were universal
Bonds were but slicrhtly affected by'the
acute weakness of stocks, but wer ( . gen
erally lower. United States bonds were
unchanged on call.
The total sales of stocks today
2,719.900 shares.
were
New York Money Market.
NEW YORK. March 14.—Money on call
stringent at 6a25 ner cent: ruling rate 12
per cent; closing bid 6 per cent: offered
at 6 per cent Prime mercantile paper 6
to G% per cent.
Sterling exchange weak, with actual
business in bankers’ bills at 4.S385a839i)
for demand, and at 4.7960a7965 for 60-day
bills. Posted rates 4.80%a85. Commer
cial bill* 4.79U.
Bar silver 67%: Mexican dollars 52 ..
Government bonds steady; railroad
bonds weak.
Interior Movement.
Price.!Rects.'Sales.| Stck.
Houston .
Augusta .
Memphis .
St. Louis
Cincinnati
Louisville .
. .111% 1
. .Ml% |
. ,|W 11-161
....ill i
'
97RS! 1901
504! 4591 3*565
975116*132
r,f>9| | 37398
S23 ? | 9081
BALTIMORE. Md.. March 14.—A party
of 24 pp r >'>n«. many of whom will prob
ably be deported to England, arrived here
this morn ins: from North Carolina in
Charge of United States Marshal Miliken.
of that State. They are part of a party
of 80 persons brought from England under
contract, it is alleged, by Thomas Cos
tello. to work in cotton mills in North
Carolina. They are in charge of Immi
gration Commissioner Louis T. Weis, and
will bo under guard of the immigration
inspectors until their cases have been
disposed of.
LIVERPOOL.
LIVERPOOL. March 14.—Good business
done In spot cotton: prices S points low
er: American middling 'fair 6.S4; good
middling 6.3S; middling 6d.: low mid
dling 5^86; good ordinary 5.10; ordinary
4.72. The sales of the day were 12.000
bales, of which 1.000 bales were for spec
ulation and export, and included 11.700
bales American. Receipts were 6,000
bale*, including 4.300 bales American.
Futures en*dev or.d closed very
steady: American middling G. O. C.:
Close.
March 5.69^
March-April 5.69
Aoril-May 5.69
May-June 5.6S
June-July 5.68
July-August 5.67%
August-'September 5.65^4
Seotember-October 5.63H
October-Novomber 5.60
November-Tv com her 5.59*4
December-Jannarv 5.59*4
January-February 5.60%
GRAIN AND PROVISIONS.
CHICAGO. March 14.—The panic In
Wall street today had a depressing effect
on .the local grain market, and Induced
free profit-taking in all pits. At the close
May wheat showed a net loss of %a%c.
Corn was down %a%c., and oats were
%a 3 gc. higher.
Provision?: on the close were from 2%
to 7%c. higher.
Open.
Wheat— -
May . . 77%
July . . 78%
Sept. . . 78%
Corn—
May . .
July . •.
Sept. . .
Oats—
May . .
July . .
■Sent. . .
Mess Pork—
May . .15.95
July . .16.15
Lard—
Mav . .9.15
July . .9.20
Sept. . . 9.30
Shot" Ribs—
Mav . . 8.87%
July . . S.97%
Sept. . . 9.03
46%
46
46%
40%
36%
32%
High.
77%
46%
46%
46%
46%
Close.
76%
78%
78%
46%
46
46%
40%
36%
32%
15.95 16.0
16.12% 16.2'
9.10
9.17%
9.27%
9.10
Saved Her Son’s Life.
The happiest mother in the little
town of Ave, Mo., is Sirs. S. Ruppee.
She writes: "One year ago my son
was down with serious lung trou
ble that our phvsician was unable to
help him: when by our druggists’ ad
vice I began giving him Dr. King’s i .Tnrmnt-y
New Discovery, and I soon noticed Im- | Mar
provement. I kept this treatment up
for a few weeks when he was perfect
ly well. He has worked steadily since
at carpenter’s work. Dr. King’s New
Discover raved his life.” Guaranteed
best cough and cold cure by all drug-
grists, 50c and $1.00. Trial bottle free.
NEW ORLEANS.
NEW ORLEANS. March 11.—Snot cot
ton closed oui<n and steady, with low
ordinary, ordinary, good ordinary and low
middling %*. lower than yesterday’s
nrioes: middling, good middling, middling
fair and fair unchanged: middling 10%
Sales were 1.059 bales on the spot and 425
bales to arrive.
Futures opened steady from 1 to 4
mints below yesterday. There was some
what of a slump in the morning, but the
market became firmer later in the day
and closed from 1 point above to 1 point
below yesterday’s rjose.
Cotton future?; closed firm at the fol-
quotatlons:
10.36
DRV GOODS MARKET.
NEW YORK. March 34.—The dry goods
trade was not effected directly by the
break in the stock market, but merchants
anticipate a quieter trade as a conse
quence. Further advances ware noted in
bleached sheetings. Raw silk also ad
vanced.
COTTON PEED OIL.
NEW YORK. March 14.—Cotton seed oil
was easy for refined, but steady for
crude. Prime crude in barrels f.o.b. mills
49 bid; prime summer yellow 46; off sum
mer yellow 42%a43; good olT summer
yellow 42%a45: prime summer white S3;
prime winter yellow 51.
Spirits tur-
12 casks:
s 273. Tar
Crude ttir-
and $4.50;
April, bid
May
June, bid
July
A ugust
October
November, bid
10.28
10.30
10.38
10.43
10.52
10.37
10.27
10.28
December 10.30
NAVAL STORES.
WILMINGTON. March 14-
Dentine firm at 74: receipt
Rosin firm at $4.12%: rereip
firm at $2.30; receipts 217.
pentine firm at $3.35. $4.50
receiDts 9 barrels.
CHARLESTON. March 14—Turpentine
and rosin, nothing doing
SAVANNAH. Go- March 14.—Turpen
tine firm at 74%: sales 44; receipts 19:
shipments 86. Rosin firm to steadv; sales
426: receipts 1.423: shipments 1.997: stock
53.953. Quote: A. B. C. P. $4.10- E
$4.15: F, $4.20: G. $4.25: H. $4.50' 1
$4.50; K. $5.50; M- *5.60; N, $5.75; W. G.,
$6.10; W. W., $6.25. „
Another railway president, who is at
the head of a large Western system,
talked freely, but for obvious reasons
he would not allow his name to be
used. His d’agnosis of the trouble
was given as follows:
“If Mr. Harrlman contented himself
with correcting methods practiced by
the Union Pacific and stopped preach
ing about what should be done on other
roads, a great deal in the right direc
tion would be accomplished. The tes
timony given in this city two weeks
ago has done more harm in the West
than anything that has hapnened in
many years. In my opinion, Mr. Har-
rimar. is responsible for three-fourth
of the trouble in the West. As proof
of that theory, comparatively few laws
are being passed by the Legislatures in
Eastern ’States.
“As a rule, harmonious relations ex
ist between the shippers of the We/t
and the railroads. As to the relations
of the railroads with the Interstate
Commerce Commission, courtesy has
always been shown. As far as has
been possible the railroads of the West
have always co-operated with that
body In adjusting rates nnd settling
j disputes with shippers. When it comes
to a vital point, we cannot yield any
more a week or a year from now than
we have in the past. As to the agi
tation over the 2-cent passenger rates,
the traveling public always has, and
always will, show the same unreason
ableness in making most complaints.’
E. H. Harriman. president of the
Union Pacific-Southern Pacific system
had the following to say when asked
for a statement as to the proper course
to pursue in brainging about co-oper
ation between the Government and the
shippers on one hand and the publis
on the other:
“In the first place, legislation which
is intended to injure the interests of
the railroads should be stopped. It
must be clearly understood by all that
the interests of the railroad and the
interests of the people are identical.
“Next, railroads must be given the
legal right to make agreements among
themselves. As the matter stands to-
0 _ j day it is illegal for the railroads to get
9 0°% ! together and agree upon any common
9.97% I plan of action in the transaction of
' their business.
"Shippers must also be educated up
to the proper earning power of freight
cars. Much dissatisfaction is brought
about by converting freight cars into
warehouses. Great Injustice is done to
the railroad as well as the shippers.
“Contrary to the prevailing opinion,
much harm has been done by too close
associations being formed between the
freight agents of the railroads and the
shippers. Today promises are being
made to shippers by freight agents
which are working great injury toward
proper co-operation. In order to get
business a freight agent promises the
use of a ear longer than the regulation
time and he is placing his company in
a false position with the balance of the
shippers. Agreements were made
years ago between the executive heads
of railway systems which were
promptly broken by traffic men.
"In the future the railway presidents
themselves ought to come out in the
open and see that agreements are kept.
Before that can take place, however,
the most important thing of all must
be done—power must be given to the
railroads to make agreements without
breaking the law.”
9.17%
9.22%
9.32%
Grain, Provisions. Groceries.
These prices are at wholesal* and not
(Corrected by S. R. Jaaues & Tinsley Co.)
to •'oneumers:
CORN—Sacked white 70
Sacked mixed 63
Ear corn 70
Car lots, either sacked or bulk,
made on application.
OATS—White clipped 60
No. 2 white 59
No. 3 white 58
Special quotations made on
car lots-
HAY—Choice timothy $1.30
No. 1 timothy 1.25
No. 2 timothy 1.20
No. 1 clover 1.20
Timothy and clover hixed.... 1.25
Alfalfa hay 1.30
Bedding straw 65
BRAN—Pure wheat 1.35
Mixed bran 1.25
Jersey stock feed 1.25
Reliable feed 1.19
Standard feed 1.10
FLOUR—Private Stock, fancy past.. 5.25
Royal Owl. best pat 4.30
Top Notch, first patent 4.20
New Constitution. % patent. 3.60
Orange Blossom, straight.... 3.50*
MEAL—Water ground Juliette 68
Other brands 67
MEATS—Dry salt ribs 9%
Extra half ribs gv.
18-20-lb. D. S. bellies 10%
Bulk plates 8%
Smoked meats %c. over abevo
HAMS—Fancy sugar'cured 16
Standard sugar cured 15%
Pleulc hams 11
LARD—Pure tierces 10%
Pure, in SO-lb. tubs it
Pure, in 50-lb. tins it
Pure, in 60-lb. tubs io%
Pure, in 10-lb. tins 11%
Pure, in 5-lb. tins 11%
Pure, in 3-lb. tins 11%
The same additions for other
sizes as named above.
SYRUP—Georgia cane (new) 33
New Orleans 28
Black stra;. ...1$
BALT—100 lbs. White Gotten sok....50
100-lb. Burlap twev* 48
Special prices car lots.
Imported Rock Salt, lb 1%
CHEESE—Full cream
Sneelai prices ear lots.
GRISTS—Hudnuts. In bbls $3.65
Hudnuts. In 35-lb. sacks 1.70
SUGAR—Granulated. In bbls. or sck..5.05
New Orleans clarified 4%
New York vellow 4%
COFFEE—Choice RI 0 14
Prime Rio is
Medium Rio je
Common tt
Arbuekle’s Roasted ..1C.04
RICE-— 1 Choice head
Medium
Hardware—Wholesale.
(Corrected bv Dunlap Harware Co)
WELL BUCKETS—$4 per doz
ROPE—Manila. 14%c.; Seeel. lie.; cot
ton 18%c
WIRE—Barb. 3%c. per lb.
PLOW STOCKS—Harman, 90c.: Fergti-
lon. 80c.
•TUBS—Painted. $2.30: cedar. $5 OP
POWDER—$4.50: half kegs. $2.75- ' v.
kegs. S1.5C: Dupont and Hazard smoke
less. half kegs, $11.33: % kegs. 35.75-
1-lb. canisters. $1. lessCS per cent.; Trol*.
do’-f smokeless powder, 1-Ib. cans $L
SHOVELS—$6 io $11 per doz.
CARDS—Cotton. $4.50 per do*.
PLOW BLADES. 5c. per lb.
IRON—2%c. pound, base; Swede, 4%c. *
pound. '
AXES.—$6.25 dozen, base.
LEAD—Bar. 7%c. pound.
NAILS.—Wire. $2.60 keg. base; cut,
$2.60 keg. base.
SHOES—Horse. $4.26; mules. $4.26.
BUCKETS—Paint. 31.70 doz.; white c*.
dar. three hoops. 33.20.
CHAINS—Trace. $4 to *8 do*.
GUN POWDER—Per peg. Austin cra-k
*4.50.
SHOT, *2.00 a sack.
Lumber.
(Corrected by Massee-Feiton turn. Co.)
Common framing at $16 to *20 per
thousand.
Sized framing at ??.7.56 to $22.50 per
thousand.
Storm sheathing at $16 per thousand.
No. 2 common flooring at $20.00 per
thousand.
No. common celling at $17.50 per thous
and.
No. 1 common flooring and calling at
25 per thousand.
”B’’ grade square edge weather board-
g at $22.50 per thousand.
No. 1 common weather boarding at $28
per thousand.
No. 2 pine shingles at $2.25 per thous
and.
No. 1 pine shingles at $4.25 per thous
and.
No. 1 cypress shingles at $5.00 pee
thouand.
Crackers.
(Corrected by Winn-Johnson Co.)
Barotia sodas. €c.
Barona nicnacs. 7Uc.
Barona cyster cracker*,
N. B. C. sodas. 7c.
Ginger snaps (X. 3. C.) 7c.
Aborted cakes. 10c.
Sugar cakes. 8c.
Dry Goods—Wholesale.
SHEETINS—4-4. 5 to (e.
DRILLINGS—7 to 7%c.
TICKINGS—4% to 13%C.
CHECKS—4 to 5%c.
BLEACH1NGS—4 to 8c.
PRINTS—4% to 5c.
INDISTINCT PRINT