davidaulloa/AmericanStories huggingface dataset:
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1899-12-29
A BOMB HURLED At
INSURANCE MEN
Bill Charging Violation Of
Law Against Trusts.
81 COMPANIES NAMED
AND THEY CARRY $23,0C0,00O
WORTH OF POLICIES.
CHARGE OF MlSSISSlPPPS ATTY. GENERAL
By Pooling Interests to Establish Rates From
Which Underwriters Must Not Vary hey
Violate the Annotated Code and
Its Amendments.
Its Amendments.

.Jackson, Miss. Dec. 2S.-Attorney
General Wiley \. Nash. whose term
of office expires in January has crea-
ted CONSERVATION and confusion in in
surance circles by filing Il bill of in
formation in the Kinds County Circuit
Court, declaring that all Insurance con-
panies doing business ill the State AND
acknowledging allegiance to the South.
eastern Tariff Association, have viola
ted the State law regarding trusts and
combines. He asks that their franchises
and charters be cancelled and the c0nr
panies prevented from transacting fur
Their business in Mississippi.
In his declaration the Attorney Gen
cnral states that by uniting or pooling
their interests for the purpose of eStab.
fishing set of rates from which the
underwriters are not allowed to vary
that the association and the Companie-
therein have violated a section of the
annotated code and its amendments
LoCtl agents are wiring their managers
to come to the scene as soon as posi-
bic. The proceedings will he called at
the sitting of the Kinds County Circuit
Court which meets two weeks hence
The new Attorney General. Hon. Mon
roe Il. McClurg, promises to carry the
fight on. 1t is estimated that fully
twenty-five million dollars worth of poll
cies are carried by the thirty-one com
palIies named in the bill of information
The companies named by the Attorney
General are as follows:
Aetna, of Connecticut; American Fire
of Philadelphia; CALIFORNIAN. of New
York; Columbus Insurance and Bank
ing Company of Mississippi. CONNER
ciaI Union. of New York; Delaware In
sllrance Company: Fire Association. OF
Philadelphia; Georgia Home, German
American, Greenwich, Hanover Heive
tia Home, Imperial, Lancashire, Man
chester Fire. North British and Mercan
tile Northern Assurance. Norwich
Union. Palantine, Phoenix Assurance
and Queen. OF New York; Hartford
Fire. Of Connecticut; Insurance Com
pany. of North America; London. Liver
pool and Globe. Mechanics and Traders
Mississippi Home. National, of Connec
ticut; Pennsylvania Fire. Phalanx. OF
Hartford: Royal, Of Kentucky: Scottish
Union. National, Southern. of Louis
lana; Springfield Fire and Marine. sur
Of louisiana: Teutonia, of Louisiana
Western. of Canada, and Royal Elk
change, of London.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1899-12-29
THE EDUCATORS BEST DAY.
Delegates From All Over the South.
Interesting Papers.

Memphis, Tenn, Dec. 2S.-Today :
meetings of the convention of the South
ern Educational Association We're the
most Successful in the history of the or
ga2,.ization. More than 1000 delegates
! representing every Southern State and
many visitors from the North and East
were in attendance and because Of the
numbers present it was found necessary
to divide the convention into three sim
ultaneous meetings. Some of the most
conspicuous educators in the country are
in attendance.
Tomorrow officers will he elected.
Among the papers read today were the
following:
'grhe Success of the College Graduate.
by DR.. ]. C.. Jones: "Washington's In
terest i'm Education by Prof. w. c.
Dabney. president of the University oi
Tennessee: English Spelling" by Gen
eral j. Il. Heiskel, of Memphis. Tenn;
Demands upon University Curriclla,
by A. c. Perdue. University of Arkan-
sas, and 1.-THE business College as At
Should Be" by +. II. Jones.
At ton:ght's session a ringing address
was delivered by DR.. j. u. NJ. Curry. of
Washington city on Educational Devel-
opnrent in the South.
Miss Celestial S. Parrish. of Randolph
Macon College. Va. read paper on
Experimental Psychology in the Nor
NAL School and College" and DIR. Il. <
Rranson, of Georgia, Il paper ON "Edu-
catiou and Crime.
Superintendent J. C. McCallie, of Hen
derson Ky. public schools. delivered an
address on ''The Public School OF the
Northwest
In the kindergarten Department
Frances Il. Cook. Principal Of the Crow
School of st. Louis, read an interesting
paper on THE Culture of the kintiergai'-
ten
4 resolution was adopted elilogistlc OF
the services to the country of the late
Major General Lawton and a cotrihu-
tiom was made by the delegates to the
Lawton fund. The contribution was turn
ed over to the Commercial Appeal and
will be forwarlerd to Adjutant Genera
Corbin.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1899-12-29
ECONOMISTS DISCUSS TRUSTS.
Natural Evolution That Should be Re.
gulated, Not Crushed, They Say.

Ithaca \. ". Dec. 2S.-Today's SEES
sion of the American Economic Associa-
ton was devoted to discussion of
trusts. All Of the speakers thought a
general tendency toward combinations in
the nature of trusts to be inevitable
One of the most interesting papers on the
question was read by Prof. Sydney
Sherwood. of Johns Hopkins University.
which dealt with THE Influence Of
Trusts i'll the Development Of Under
taking Genius" After expressing the
opinion that the tendency toward com
binatioIIs of capital was natural and re-
marking that he welcomed it as being
but Il step in the complete organiza ton
of industry, he said
Successful industry today requires as
never before. larger and more complex
modern production are due to u scarcity
of able leaders of enterprises. 1t is "A
function of the trust to get rid OF the
weak. 1t is the natural and spontaneous
effort of progressive Industrial organiza-
ton to get the genius AIT its head which
has produced the trust The stability
Of the trust depends upon its getting and
keeping the highest of leadership. The
real UlDDOIfOlv t1plHelil Ill the trust IL lllc
monopoly of genius. Our future econom-
| ic supremacy will probably depend upon
trusts. A wise policy is to increase their
possibilities for good while diminishing
| their possibilities for evil through effect
ual legislation"
| Mr.. james b. Dill delivered an address
| on Some Tendencies in Recent Com
binations which may Become Danger
ous.' He defined the first danger to be
| from without the trust rather than
from within. and to lie in ''unwise and
hysterical legislation against corpora
tons indiscriminately.'
| '.rhese hasty denunciations.' he said,
''are of more real peril than the trust
itself"
The speaker went on TO ontline the
dangers which would result if corpora
tons and trusts were to be permitted to
continue the issue Of fictitious stock, and
he said the one great remedy for all evils
arising out of trusts and like com
| binations was summed up in the word
| publicity
| The speaker ridiculed the attempts
which have been made in this and other
| States TO require publicity in corporate
| affairs and expressed a desire that Con
gress should act i'll the matter.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1899-12-29
THE S. A. E. ELECT OFFICERS
Fatally Wounded by Accidental Dis
charge of a Musket.

Winston. \. C.. Dee. 2S.-(Special(-
A feature of today's session of Sigma
Alpha Epsilon College Fraternity was
an address by +. C. Furlow, of Atlanta,
Eminent Supreme Archon. who dwelt
at length upon the fraternity's history
and condition of the fraternity. Mr..
Fmlow and bride left tonight for New
York.
The convention elected officers for the
year as follows President, f. Il. Pome-
roy. of Atlanta; Nfce-President, W. G.
Wharton: Honorary. Judge Starbuck, II.
Il. Clarkson of North Carolina, and
Hon. john ID. Little, speaker of the
House of Representatives of Georgia;
Secretary and Treasurer, C.. w. Hewitt,
Darlington. $. C. The closing session
will be held tomorrow, when photographs
will DE taken of the convention.
George Newsom WAS fatally wound"
ed twelve miles west of Winston by the
accidental discharge of an cid army
muS[et
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1899-12-29
Wants of the Family.
B. R. JOLLY,
SALE OF LAND.
12S FAYETTEVILLE ST.

BY virtue of the powers contained IN
a deed of trust from j. X. Fleming ana
wife to the Trustees of lex Hospital,
which said deed is recorded In book 81
If mage g., Register of Deeds office for
Wake county, we will, ON Saturday, the
2Tth day of January, 1900, expose to
sale at public auction to the highest
bidder for cash, at the court house door
in Raleigh. \. c., the following de-
scrihed tracts of land, to-wit:
First: That certain tract or parcel
of land lying and being in the county
of Wake, said State. adjoining the lands
Of ]. NJ Fleming VIM. Mitchell, Jaspar
Fleming, j. S. Still, Sallie Williams,
John Wall and others, bounded and de-
scribed as follows: First tract adJolns
the lands of j. NJ. Fleming on sac north
William Mitchell on the east, Nathan
Dunn, col, on the south and the upper
Leigh on the west, and begins at
stake and pointers in the Leigh line and
runs thence east IA poles to the junction
of the William Still branch thence up
the courses Of the said Still branch TO
an ash, thence S III L with William
Mitchell line 771a poles to stake in
said Mitchell line, thence West III
poles to Il rock in Leigh line, thence \.
G$l degrees Il. with said Leigh line 90
poles to the beginning, containing %
acres more or less, same being lot No.
10 lands of James NJ. Fleming, deceased,
as surveyed by w. 3. Fowler on Octo-
Der %, 1856, and drawn by said j. Il.
Fleming in division of said lands of j.
NJ. Fleming, deceased.
Second Tract: Bounded on the north
by the lands of Jaspar Fleming and
said j. II. Fleming, on the east by lands
Of said Jaspar Fleming, on the south by
the Raleigh road and on the west by the
lands of j. l.. L. Still, containing 40
acres more or less, same being the home
place of said j. II. Fleming in the town.
of Rolesvillc, and being the place where
on said Fleming and wife now reside.
Third Tract: Beginning nj a stake on
the Louisburg road, Sallie Williams cor
ncr, thence S. II degrees E. 9S poles to
a poplar in the branch, John WARS line,
then S. 30 A-100 w. S134 poles to a
cornerstone. thence w. 3S degrees w.
l31 poles to a cornerstone on the Louis
burg road, thence with said road nearly
east TO the beginning, containing 81
acres more or less, the same being
known as part of the Charley Jordan
land. and conveyed to the parties of the
first part by Sid n. Terrell by deed re-
corded in Register of Deeds office for
Wake county and hereby referred to as
part Of this deed for certainty of de-
scription
TRUSTEES OF REX HOSPITAL.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1899-12-29
EIGHT HUNDRED THOUSAND
Sufferers From Kidney Trouble Cure,
This Year by
DIR. David Kennedy's Favorite Remedy
Sample Bottle Free.

Thousands who have written for one
of the free trial bottles of DIR. David
Kennedy's Favorite Remedy have lit
orally had their lives saved by postal
card. They got the trial bottle, and IT
proved to them that DR.. David kenne-
dy's Favorite Remedy was the only
real cure for diseases of the Kidneys.
Liver. Bladder and Blood, rheumatism,
Dyspepsia. Chronic Constipation and
the siclnesses peculiar to women. They
bought large sized bottle of their
druggists and it benefited or cured them.
fThe above is not an idle statement, but
the result of careful investigation.)
You can do the same thing. If you
are I'M doubt as to whether YOU have
trouble with your Kidneys or Bladder.
put some of your urine in a, glass tum-
bier and let it stand n hours; if it has
sediment. or milky, cloudy appear
ance, if it is ropy or stringy, pale or dis
coloretl, you should lose no time In
taking DR. David Kennedy'S Favorlte
Remedy: it can be had of all druggists
Mt 81. 90 a large bottle, or six bottles for
$500. 1t is without question the sureSt
medicine of the age to put stop to
such dangerous symptoms rs pain III
the back, a frequent desire to urinate,
especially at night, scalding burning
pain in passing water, inability to hold
urine and all the unpleasant and dan
gerous effects produced on the system
by the use of whiskey and beer.
Send your full name and address to
the Dr. David Kennedy Corporation
Rondout, y. Y, and be sure to mention
this paper, when a trial bottle, with pam
phlet of valuable medical advice. will bt
mailed to you absolutely free. The pub
fishers of this paper guarantee the gen
uineness of this liberal offer.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1899-12-29
AGAINST CONFIRMING BYNUM.
Charged That He is Not Democrat
But Republican.

Washington, Dec 2S.-1ne Fost TO-
morrow will say:
In few. days charges will be filed
before the Finance Committee OF the
Senate against the confirmation of eX-
Representative William ID. Bynum, OF
Indiana. as Democratic appoihtee for
the New York Board of Appraisers The
minority of that committee are detern=
ined to resist the INSTRUMENT of Mr..
Bynum in that position. They will 90
50 on the ground that he is not a Demo-
crat. but has openly Affiliated himself
with the Republican party.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1899-12-29
New Cigar Factory For Tampa.

Tampa. Fla. Dec 2S.-S. Ottrnberg
and Brothers. of New York. have Sc
cured license and number anil viii
at once establish il branch Of heir big
house here and begin the IN lnIfa"ture
Of clear Havana cigars. Benjamin
Cocio, manager OF FL Modelo factorSs
goes TO the Gutenberg establishment as
local manager on January LIST.
This new factory will add about ten
million cigars to the yearly output of
Tampa.
The Kansas Popufist State Committee
has decided to hold two State Conven-
lions next year one 10 name delegates
to the National Convention and the other
to nominate State ticket. The call
win be issued in january or February.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1899-12-29
Dislikes Currency Measures.

Bombay. Dee. 2S-The Indian Con
gress has declared its disaffection witt
the currency measures of the Govern
ment. alleging chat these have the eff
feet of depreciating the value Of the say
ings OF the masses. virtually enhancing
rents and indebtedness, and injnriously
affecting manufacturers.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1899-12-29
Civil War in New Guinea.

Victoria. II. c.. Dec. 2S.-News has
heen received by the steamer Aorangi
Of a bloody civil war that has been rag
ing among the natives of kiriwani, New
Guinea. In the fighting the head chief
was defeated and eleven villages in all
were destroyed with heavy slaughter
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1899-12-29
The Canadian Parliament.

Ottawa. Ont. Dec. 2S.-At Cabinet
meeting held this afternoon it was Do
cided to summon Parliament. The date
was not given out, but il will b. about
the last Of January or the ars; week
in February.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1899-12-29

Judge McKenra. Of the United States
Supreme Court. Hon. John s. Wise. Ed
ward Colby and Howard \. Colby,
prominent New Workers. are at Mr..
ViSe's seaside cottage, near Norfolk,
duck shooting.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1899-12-29

The matter of the crossing Of the
Southern Railway and the Sed5oard
Air Line north of Columbia. ). e, !as
not yet been finally adjusted. The two
companies are having some difficulty
about the construction to he placed upon
certain details provided in the order OF
the South Carolina Railroad Commits
sion touching the matter.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1899-12-29

The Southern Railway and the Atlantic
Coast Line have about completed their
plans for a new union station M TO-
lumnhia, $. G. 1t will cost $ioo0Go.
Plans for the building We're drawn by
Mr.. Frank +. Milburn, of ChaF'o tte.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1899-12-29

The Virginia Legislature viii, it is said,
pass a Jim Grow Car bill similar to that
now in force in North Carolia. The
Richmond Dispatch says touching It:
"Railroad people, as Il rule, are not ut
all pleased at the prospect of the Nir-
ginia General Assembly pacing a law
requiring that separate COACHES nc pro
vided for negro passengers. It means,
of course. additional expense and tro1ble.
North and South lines, like the Southern
and Atlantic Coast Line, need give them
selves little concern over th" matter. as
they have to provide separate coaches
under the North Carolina law 1t will
catch the Chesapeake and Ohio ana Nor
folk and Western"
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1899-12-29
Among the Railroads.

Argument on the application of Thomas
T. Ryan for an injunction restraining the
consolidation of the Seaboard and Roam
oke. the Georgia and Alabama, and the
Florida Central and Pcninsular into one
system will be heard in the United States
District court in Richmond Va, Oh Mon
day, January Sth, at II o'clock. Argu-
ment was to have been heard by Judge
Waddil yesterday, but the case was
postponed by the consent, and at the re-
quest of counsel ON both sides.
President John SkeltOn Williams, of
the Seaboard, is still in New York. 1t is
stated that he will probably make a
statement from that city in reply to the
telegram from Mr.. Ryan, published i'll
this paper Wednesday.
The controversy between Mr. Williams,
president of the ,Seaboard, and Mr..
Ryan, who controls a small portion of the
stock. and is endeavOring to prevent the
consolidation OF the lines into one sys-
TEN, is attracting very general attention
The Richmond Dispatch says it is very
probable that a meeting Of the Chamber
of Commerce will he held in few days
for the purpose of expressing the desire
of the business men of Richmond to have
the consolidation perfected.
The Saint Paul globe., 1899-02-10
BOSTON MINING SHARES.
NEW YORK MINING STOCKS.

WALL STREET GOSSIP-New York Stock
Gossip, reported by H. Holbert & Son, bank
and brokers' BAL Robert street. National
German-American Bank budding, st. Paul:
Strong, Sturgis & Co. wire us: I'VE are we'll
satisfied with this market, for while it Is
less excited, it has strong and satisfactory
undertone, not based so much on speculative
business as on the legitimate demand aris-
Ing from earnings and economies. The
strength Of Burlington, for example, is most
healthy, and the buying coming from people
who are we'll informed and who know that
the stock at present prices and rate Of divi-
dend is safe and good, but that the refund
ing is not far off and that it will mean a
gain to this stock Of to 1A per cent Of
revenue annhaliy The situation Regarding
for the earnings warrant an advance even II
the plan of funding the preferred shares
should be abandoned The crops are really
the only factor that might be of an unfavor-
able nature. In about two weeks the COM
pany, the Central Pacific plan, will be made
public, and we ought to see further ac-
tivity and advance. Coalers will bear watch
ing and Reading preferred is by no means
dear now" oftl
FOREIGN FTNANCIAL-New York, Feb. Q.
cablegram: The markets here were more
active and better in tone today than yester-
days bearish close. Americans closed dull
fsh. Tintos touched 40 and closed at 49, An
acondas were SH and Utahs TX.
FOREIGN BANK STATEMENTS-London
Feb. 9.-The weekly statement of the Bank
of England shows the following changes: To-
tai reserve increase. G746, ,000; circulation de-
crease. f321. 600: bullion, increase, f425, 1870:
other securities. Increase, 9443 0c0; other de-
posts, decrease. f410. COO; public deposits, In
e77S, 900; government securities, decrease,
The proportion Of the Bank Of England re-
The Saint Paul globe., 1899-02-10
The Stock karAel..

NEW YORK, Feb. Stock prices ad-
vaIfced except for periods of temporary hesi-
tation pretty generally until the last quarter
OF an hour, when professional pressure left
many shares only slightly above yesterday
Commission houses were said to have orders
to buy literally if the market at the opeR-
ing was weak. AS it was, many commission
house customers were disposed to repurchase
stocks recently sold. Chicago houses were
credited with being sellers, while purchases
and sales for foreign account were about
even. Large operators were said to have pur-
chasing orders in the specialtieS and traders
bought for turn. There was some evening
up Of accounts both ways in anticipation Of
the holidays on Saturday and Monday. The
advance brought prices up about a point in
many instances, which was exceeded in some
cases. There was recession in prices which
the coalers and Burlington the former being
affected by the cold weather which 1t was as
Suned would cause dealers to repenish stock
thus assuring increased trafde. The strength
OF the Flower group was pronounced
feature. There was conspicuous advance
In the STANDARD stocks. including Pennsyl-
vania. the Vanderbilts, the grangers The
Southwestern shares, Lake Erie & Western,
Twin City Rapid Transit and the Industrial
specialties. generally. except Tobacco which
was weak on the prospect OF increased COM
vile preferred and General Electric were
strong on dividend talk. The dealings for
the DAY were less than at any time in many
weeks The closing was heavy.
Transactions in bonds were en- a relatively
larger scale than stocks, footing up &c. 253, ,O00.
The great bulk of the dealings were concen-
trated in the speculative issues, with Kansas
& Texas seconds and Texas & Pacific sec
oIds rising sharply. The market generally
displayed a strong tone. purchases for out of
town interests being very extensive T. S.
new as registered declined "a in the bid price.
STOCK QUOTATIONS.
Furnished by Charles H. F. Smith & Co..
members Of the New York stock exchange.
vh1 h4.,z
wires to Chicago and New York Closing
prices are bid:
The Saint Paul globe., 1899-02-10
OTHER GRAIN.

GRAIN GOSSIP-Gossip by private wire to
c. IL. F. Smith & Co., ST. Paul, members Of
ss board Seg o nSk sgs ss ssfhs s saa ohGas s
kfnsas City: I'VE would not think of selling
wheat; no doubt winter wheat has been hurt
very badly: New York: Argentine closed
wheat.-The Price Current says: Hard
winter conditions have Increased uncertain
tes as to wheat crop. more by apprehension
than disclosed results. Not yet possible to
doubtless late sown more or less injured,
s s. !sotis F. 'JoSk s%Asss eat &sRss n
7Sssc; July. 7lase; No. 2 hard. 6G,s@e7Ac;
@SS7ae; July, S51kc. Oats, better; No. 2 cash
and AN track and February. 2s.ac; May, 2s1sc;
MILWAUKEE. Wis, Feb. 9.-Flour, steady.
2 northern, 7oa7o'sc. . Oats, steady, soA@
steady, No. 2. size. sample, SAN 4sgslc. D' 10y
KANSAS CITY. Feb. 9.-Wheat, higher; No.
hard, 66q67c; No. 3, 64Gp66c; No. 2 red, 72c
No; s. 6sg7oc; No. spring 649e6c: No: 9,
321sc; No. 2 white, S3e; No. 3, S2c. Oats,
higher; No. white, Soc Rye, steady; No.
2, sac.
LIVERPOOL, Feb. e.-wheat futures closed
firm; March IS S1sd; May 5s Sad.
NEW YORK, Feb 9.-Flour-Rec ceipts, IL.
4S5 bbls; exports, 80, 140 bbls; neglected, but
ned stead1sr, widening still further the gap
between buyers and sellers. Winter straights
s3.40@S. 70; Minnesota patents. SiGp4.25. Corn
meal steady; yellow Western, SS@s4c. Rye,
quiet; No. 2 Western, Csc, t. o. b., afloat.
Barley, malt steady; Western, 651l70c Wheat
Receipts, %. 400 bu exports, 1895 bu. Spot
firm; No. 2 red S31e@S4Ac, f. o. b., a1oat;
options opened strong on weather news. In
fact this it IN and the overspld condition of
traders was largely responsible for all of the
strength which followed later in the day.
ST. Louis sent most of the crop damage
reports. In addition Liverpool closed strong
and damage reports came from Russia. Late
in the afternoon prices broke under realiz-
ing and closed unsettled at A@Bc net ad-
vance. Sales included No. 2 March, S0A q
so5sc; closed s05sc. Corn-Receipts, 1850 bu
exports, 50, ,452 bu. Spot firm; No. 2, 1870
43Ac, f. o. b.. afioat; options firm early in
the day on a good export demand. and SYM
pathy with wheat. closing q little ea"( from
realizing at unchanged prices. May, IL 7-lf
@415sc; closed, Age. Oats-Recelpts, 19, ,2oC
bu; exports, 1925 bu; spot steady: No. 2,
34s4c; No. white, 36i2c; options dull.