The Caucasian. (Clinton, N.C.) 188?-1913, 1898-04-28

book form a series o. lectures on
various phases OF chronic catarrh,
which he calls "Winter Catarrh."
This book will be sent free to any
address by The Pe-ru-na Drug
Manufacturing Company, Column
bus, Ohio.
siM0NT0N'S DECREE IN the LEASE
SUIT.
The Railroad Hireling. Trying to Make
the Impression That he has Issued an
Injunet ton Against the Legislature and
all the People of the State.
Simonton has issued his decree which
WAS written for him, as matter Of
course, by the lawyers Of the Southern
Railway Company. He has declared
that the lease is valid and binding on
the North Carolina Railroad Company
and on the State as stOckhOlder.
The only wonder is that he did not
decree that the lease suit is binding
his omnibus Injunction against the
next legislature and all the peo-
pie of the State.
He has decided that it ia right and
honest for a lot of trustees to dispose
of the trust property for the benefit of
the small part of it, which is Owned::by
themselves and to the prejudice of the
larger part of it which is owned by
beneticiaries for whom they are trus-
tees.
He has decided that it is all right for
trustees to put up trust property for
- - l.,
highest bidder.
lie has decided that it is just and
honest and lawful for trustees to rent
out property at 81 per cent. when they
knew, or had reason to believe that
they could get 10 per cent.
Here were lot of trustees, the Gov
erner elias CARR, the States proxy,
the States Directors, whose sole duty
it was to look out for the interests Of
the State. What was that interest?
It was three-fourths of the North
Carolina Railroad Company; that is
three millions out of four millions of
its stock. The Southern Railroad
wanted this property; it needed it; it
could not live without 1t; hundreds of
millions of their securities were de-
pendent upon their control of theNorth
Carolina Railroad. The State could
give the possession and the control;
nobody else could. The State had only
to name its price. 1t could have sold
its stock for five or six millions of dol
lars. 1t was the one time and the only
time when the tax payers, the wealth
producers, the middle classes, the blood
and bone of the country, that is the
pe0ple-the only time when they had
the Rothschilds and Morgan in a hole.
The State of North Carolina had them
in q corner; an honest and capable
Governor would have compelled them
to pay not less than five millions into
the treasury of the State. That is, he
would have gotten this out of them un-
less they had bought up his legislature
The directors were the owners of pri-
vate stock; they knew that if the State
sold its stock to Rothschllds, Morgan&
Co., the private stock would depreciate
in value. Why? Because Morgan g.
Co., would have the majority of the
stock. This majority would give them
the control and possession of the prop
erty. They would run it as they pleas
ed; they would keep the books and
cook them to order. They would re-
fuse to pay dividends and turn all the
property into the Southern Railway
system. All this would result in milk
ing the North Carolina Railroad for
the beEeft of the Southern, and thus
greatly impairing the value of the pri-
vate stock. As result while the State
would have been immensely benefited,
It's treasury greatly enriched, and peo-
pie relieved of taxation, Al few private
individuals being the owners Of private
stock would have been hurt. In other
words they would have been cheated
by Morgan and his overseers. This
they knew; this they were afraid of.
This is the reason they hurried into
lease at 81 per cent when they were
told that by giving reasonable time for
the Seab0ard to get assurances against
| destructive waste that might be COM
mitted by the Southern during the few
years remaing of the original lease,
they could get ten per cent.
So here we have it: lot of men clothed
with a solemn trust, acting as the trus'
tees for a whole people, are allowed tt
the purpose of benefiting their own in
terests. And Simonton decides tina,
this is lawful.
fraud away from the people. They
/ u0VC SOV W SCttAC I've uS uCAV tCSlo-
lature must face it. Every man VIII,
offers himself to come to the mex
legislature must answer the question
Are you in favor of breaking up thi
lease fraud or do you want to leave
fastened upon the people? Are you il
favor Of taxing the people of Mort
Carolina at the rate of one hundre'
and twenty thousand dollars a yea
for the benefit of Rothschild and Nor
gan and the banded financial pirate
of Wall street? Are you in favor o
having the next legislature pass th
license law and thereby say to thi
Southern Railroad Company: "Yo
shall pay 10 per cent. for the Mort
Carolina Railroad, or you shall pay fiv
millions for the States stock? D
this, one or the other, or you shall nc
have it, and you shall not parallel it
you shall pay for the property jus
such q price rs we choose to put upO
it, or you shall not run your railroa
in North Carolina" The railroads al
here and somebody will run then
The Southern Railroad has got to RI
them or make the biggest bust evs
known in railroad history. 1t is sin
ply for North Carolina to say wheth'
its people shall be taxed and plundere
for the benefit of the banded million
aires who own the securities of Il
Southern Railroad Company.
A Little Boys Trouble.
/ "My little boy has been trouble