The Robesonian. [volume] (Lumberton, N.C.) 1870-current, 1897-07-21
Free Silver Banker.

Free Silver Banker.
A gold mining convention is
being held in Denver, Colo, and
is largely attended by prominent
gentlemen from the mining States
and Europe. From the Denver
Republican we take the following
concerning a North Carolinian:
One of the most interesting fig
ures of the convention is Col. J.
S. Carr, president of the great
Durham Tobacco Company, presi
dent of the First National Bank
of Durham, N. c.; millionaire
through the work of his own hands
and brain, an ex-Confederate SOL
der, who fought through the war
to Appomattox in Wade Hamp-
tons celebrated cavalry legion,
and though a cavalryman was
forced to walk to his home in
North Carolina, where he arrived
without a dollar in his pocket,
with home and friends lost and
dead, and started with nothing
but his hands and his pluck to re-
store the fortunes he had lost. Mr..
Carr has succeeded, as is shown
by the fact that he carries in the
Mutual Life Insurance Company
of New York policy for $500, 900,
the largest single policy ever writ
ten in the history of life insurance
in the United States, and is at the
head of a business which has at
tanned enormous proportions, and
is still growing.
II do not know anything about
mines or mining said he, land
that is the main reason of my
being out here. 1t is a good thing
for men to get out of. their ordi-
nary ruts and rub up against men
who know something that is of
use to him in this manner, and I
have never found that man could
learn too much about ANYTHING.
Iron sharpeneth iron; SO a man
sharpeneth the countenaaca of his
friend, is as true today as when
1T was written. I have already
been paid for the trouble of COM
ing out here, by the sight of the
snow on mountains from my bed
room windows, and l expect to
learn something today and tomor-
row that will not only be of inter
est to me, but will be positive
advantage. I have some mining
interests in North Carolina but I
also have. some interests in this
State and Arizona in connection
with Mr.. Judkins, of Virginia,
which we will visit on this trip.
There is no change in sentiment
of the people of North Carolina
on the silver question. They are
for silver today as they were last
fall, and in my opinion they al
ways will be, for they believe in
blmetallism because under it the
couhtfy was prosperous.
"As president of the bank I WAS
IN constant receipt during the
campaign of circulars and argyll
nents from the bankers commit
tee of New York, urging me to use
my influence for the gold stand
ard. Shortly before the election
the bank needed some money for
a matter of considerable import
ance and, taking the collaterals
with me, I went to New York and
consulted a broker.
81 don't think it will be posi-
BILE for you to get the money your
SELF said he. The only way you
can get it is for me to put in my
note with your collaterals as secu-
rity. You are known as a free
silver banker in every bank IN
New York and.New England, and
1 don't believe you would find. a
single bank that would lend you
the money. / was forced to get
the money in that way, and by the
way, [ had good lot of trouble
IN Oottjnp NV co11otora1s o,,4 20