davidaulloa/AmericanStories huggingface dataset:
The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1899-11-15

tions they are rot strong enough to
occupy. 1t is necessary that we
should wait for sufficient reinforce.
ments. ! do not attempt to forecast
the future. l only say that my faith
10 the British soldier is unbounded,
and am gratified to feel that he is
10 the vigorous aud sagacious hands
of Gen Butler.
Regarding the future, I will only
deprecate some very strange asser-
tons that I see occasionally in the
continental press Only the other
day saw it asserted, not by chance
writer, bu. by a man who has been
member of the French government,
that this war had for it's object the
qualification of the iusts of greedy
lords, who desired partition among
themselves Of the gold and diamonds
Of the Trapsvaal. Now, l beg to as
sure this gentleman that her majes.
ty's cabinet have not had farthing
from tbelTransvaal or from any other
gold fields There is the Yukon.
about which there is no contest If
there had been any chance of our
gaining advantages, these Yukon
gold fields should have yielded some
thing. brt appeal to my friend,
Lord Hamilton, to know if the cabi-
net ever had q farthing from them
Laughter
81 go further, Eugland as whole
would have had no advantage from
the possession of the gold mines, ez-
! cept as her government conferred the
trouble OF getting administration upon
those engaged in the industry A
successful industry breeds commerce
and all commerce has produced is to
the advantage Of England, and all
industries and commerce flourish
better under her good government
than under any other regime in the
world. But tnat is the limit of our
interest.
What we desire ls equal rights
for all men of all races and security
for our fellow subjects and our en-
pire. The hour for asking by what
means these results can be obtained
is not yet come, but these are the
objects and the only objects we seek.
We do not allow any other conside.
ration to cross our path have seen
it suggested-and it seems to me
wild suggestion-that the other pow
ers will interfere with this country
and in some form or other dictate to
those who are concerned in it as to
what it's upshot would be Don't let
any man think it is in that fashion the
conflict will be concluded. We shall
have to carry it through ourselves,
and the interference of anybody else
will have no effect upon it. (Cheers.)
In tie first place we would not accept
that interference, and in the second
place because we are convinced that
there is no such idea in the mind cf
any government in the world.
Whenever we are victorious we
shall consult the vast interests COM
mitted to our care. Vast duties lie
upon US to perform. and taking coun.
sci of the uniform traditions Of our
colonial government and of the mod
GRAFTON and eoua] iustice TO ali races
of men which it mas been our uni
form practice, l do not doubt we
shall 90 arrange that the issue of this
conflict will confer good government
upon the area where it RACES and give
the security sorely needed against
the recurrence of any such dangers
aud the necessity of any future exer-
tion, and for the restoration of peace
and civilization to that portion of the
world"
The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1899-11-15
ENGLISH VICTORY REPORTED

It is announced 10 special DIS
patch from Cape Town, dated Sunday.
Nov. 5. morning, that the British have
been victorious 10 an engagement at
Ladysnith aud that the Boer loss was
very heavy, including two thousand
prisoners.
The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1899-11-15
Kruger Has Over
Fifty Thousand Men.
The Transvaal Artillery Very
Strong and the Naval Guns
Saved Ladysmith.

London. Nov. The confession
last evening Of Gen Wolseley.. the
commapder-in-cbief, that the Beers
are more powerful aud more numer-
ous than had been anticipated sufficient
ly explains the present happenings and
the war Office will hereafter have awk-
ward questions to answer in regard to
It's apparent colossal ignorance of the
Boer's strength, which. both in
number of ueu and excslleoce OF
artillery. is apparently q complete
surprise to She British miIitsry autbori
ties. Mai news from South Africa
shows bow inaccurate have been the
estimates of the intelligence department
aud the governmental experts 1t is
cleaned therefrom that fair estimate
Of the Boer forces is as follows:
Around Ladysmitb. 25, 900; travers-
ing ZululaDd. 1000; advancing ou
Barghsdorp. 5 600; Colesburg, 5000
Kimberley. 1000; Mafekiug, 4,500
apd on the porshern Traosvaal border,
1000. Exact information about the
Boer artillery is lacking, but it is
known that Gen Joubert's detachmens,
before it was reinforced, consisted OF
sixteen Krupp field pieces Of latest
pattern aud two hsavy Creuzot siege
guns. which out for the opporsune
arrival of the British naval brigade,
would have rendered Ladysmish unteo-
able.
In connection With the naval guns.
the most interesting and important
experiment has been successfully carried
out at Capetowu with 4 7-inch gcu, SO
serviceable at Ladysm;sh. One Of the
BRITISH cruiser Terr:ble's guns. mount
ed on Scott travelling carriage. was
fred in the same way as field gun.
With entire success The Terrible.
with number of guos thus mounted,
is on her way to Durbau, aod though
the guns canoos nov reach Ladysmith,
they may be of the greatest value 10
the defense of Pietermaritzburg. which
it seems. will probably have TO stand a
siege. The arrival of the Terrible
with the relief crews for China and
other available men must have placed
in the neighborhood OF 5000 more men
at the service of the military authori-
ties
Interesting news comes from the
channel squadron at Gibraltar. show
ing precautions against all eventnali.
ties almost unknown 10 European
waters in peace time. Ga the way to
Gibraltar the feet spread out four
miles apart aud a sharp outlook was
kept for Suspicious craft
At Gibraltar extra sentries are post.
ed at night at different parts of the
ships, With ten rounds OF ball cartridges
each The small guos on the upper
deck aod the fighting tops are kept
ready for Immediate use. the ammuni-
sion being on deck ; few men eleep
at the guns, the searcbiien.s are kept
working, all boats are hailed and Dot
allowed to approach without the per-
nissiou of the oficer Of the watch
ENGLISH VICTORY REPORTED
It is announced io special dis
patch from Cape Town, dated Sunday.
Nov. 5. morning, that the British have
been victorious 10 an engagement at
Ladysnith aud that the Boer loss was
very heavy. including two thousand
prisoners.
The copper era., 1899-12-21
On His Dignity

A RE you going up to town to-day.
 "A papa?" asked Muriel Kennard, addressing her father as they sat at the breakfast table on this crisp and sunny September morning
 No, dear, have several matters to attend to here; the estate accounts and so forth, which will occupy me for the greater part of the day."
 How is your new secretary get ting on?" she inquired, after a short pause.
 He's not a fool, but he seems to have a somewhat inflated opinion of his own importance"
 Mir. Kennard was a tall, masterful- looking man, with keen dark eyes and hard and severe type of face. Fifty five years of age, the banker, for that was MT. Kennard's profession, still pre- served the hale and vigorous appear ance of a comparatively young man.
The copper era., 1899-12-21

SAC dShC0t oS SAC AOSC II OA41 the table.
 ''Yes, it's objectionable in the sense that he is rather off-hand and trifie too self-assertive for a person of his position. After all, secretary is only a clerk, and clerks must be kept in their proper place."
 In few minutes the banker left the breakfast room and went to the li- brary. where his secretary, MT. Hope, a frank and refned-looking young man with keen, blue eyes and dark, curly hair, was hard at work.
 Have you finished that statement relative to the rental averages?" he asked in snappish tone. as he seated himself at his table and proceeded to glance at sundry documents which the secretary had placed before him.
 Mot yet. MT. Kennard. You only gave it to me last night. you know, and it will take several hours to finish"
 'Nonsensel a junior clerk in my bank would get through it in an hour. You really must bestir yourself little if you wish to remain here. Get on with that settlement at once. Do you understand? At oncei"
 An angry flush mounted the secre- tary's pale face, and. looking steadily at his employer, he said in a voice. vii brating with suppressed indignation: Mir. Kennard. I must really ask you to desist from treating me in this fash on. I am desirous of doing my duty, but"
 "Go on with your work. sirl How dare you attempt to bandy words with me?"
 ''I really cannot put up with this sort of treatment any longer" replied the secretary, emphatically. 'I have been here a month. and have patiently sub mitted to your bullying and browbeat- ing airs, but"
 But" angrily interrupted the bank sr, as he started to his feet. you shall not have the satisfaction of giving me notice. young man. You shall go, sir, and at once. The idea of a paltry fellow such as you, a man in receipt of two pounds a week, and not worth even that, daring to-"
 At that instant Muriel Kennard en- tered the room and an expression of pain and regret clouded her face as her eyes fell upon the two men.
 This precious secretory of mine. Muriel." continued the banker, turning to his daughter, wishes to reverse our positions. He thinks he knows tine du- ties of an employer better than do. so l have-'
 q merely resented, and now resent, Mir. Kennard. your gratuitously insult ing treatment of me-" said the secre- tary, in a tone of firm and manly pro- test
The copper era., 1899-12-21

Miss Kennard hurriedly retreated from the room. evid,ntly much dis tressed by the painful scene.
 "You quite understand that after to- day your services will not be needed here?" continued the banker, address ing Gerald Hope, who had quietly re- stunned his work at table at the oppo- site side of the room.
 The secretary bowed, and with a snort of petulance and impatience his irritable and overbearing employer pnitted the room.
 GcTold Hope blamed himself for what had occurred. feeling that if he had taken an earlier opportunity of protesting against Mir Remarks offen- sive bearing, he might have succeeded in bringing the choleric gentleman to his senses.
 In the evening, when the secretary was on the point of leaving to return to lage in the neighborhood, MT. Kennard entered the room and handed him check for eight pounds, saying: That terminates all business transactions between up. And now take my advice. cultivate a more respectful attitude toward your superiors."
 "I don't think you are in a position to give advice to anybody upon that subject, Mir Kennard. You may be rich, but allow me to remind you that mere wealth does not confer superiori- ty worthy the respect of any sensible man." and so saying the secretary left the library and was soon walking rapidly toward the Kelverton road.
 He slackened his pace in a few min utes and then, pausing. he turned and looked respectfully at the home of Muriel Kennard.
 What could have possessed him to lose his temper with that sweet and gentle creature this morning? Was it not maddening that he should have done so on the occasion of their last meeting on earth? Ohl if he could but tell her how deeply, how keenly, he regretted this petulant outburst!
 His mind agitated with these thoughts, he slowly resumed his walk along the narrow pathway skirting the dense woods of the Films domain. He had not been walking many minutes when small terrier scampered toward him, in the next instant he saw the tall and slender figure of Muriel Kennard approaching. evidently returning from visit to one of her many pensioners in the village. He stopped and raised his hat when she was within a few paces of him. Acknowledging the salute with a slight bow Miss Kennard was brush- ing past him when he said: Miss Ken
The copper era., 1899-12-21
CALENDAR OF 0IscoNTENT.
SPRING.

Too well I know you. Spring. and so re-
 strain My foolish muse from all such fatterings
 vain As mild and "gentle"-lest 1 be repaid Ever as Marsyas of old and fayed, This time by icy hail and cutting sleet Instead-I pray your going may be fleet, That soon I may forget and drowse away My weariness beneath dear Summers
 sway.
The copper era., 1899-12-21
AUTUMN.
WINTER.

Hoary imposterI with mock Jovial air, You took the green earth prisoner unaware And pinioned the trees that moan and call To spring to free them from your icy thrall You manacled the stream who tugs in vain To loose himself from your relentless chain And Thy heart is sad, my Tyre is dumb, Mild. gentle Spring-oh! will you never
 come?
 Oliver Herford. in Scribner's
The copper era., 1899-12-21

SUMMER Insufferable season of the sun, When will your endless reign of fire be done7 When will your noisy insect court take flight? Your orchestra that rests not-day or night; Your armies with unconquerable stings; When will they dee-what for do they have wings? How long before brave Autumn with shout, Will succor me and put them all to rout7
 AUTUMN. You dismal mourner, wailing by the bier Of Summer dead, with lamentations drear, Driving me frantic ever and anon, With "reminiscences of Summer gone. Now mimicing her tenderest airs and tones, Now narrowing me with horrid shrieks and groans. Were good old jolly Winter only here, I'd soon forget you and your evil cheerI
The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-11-17
INCREASE IN DEPOSITS.
Investigation of Bank Loans and De-
post Account.

Washington, Nov 16.-Charles G. Dawes,
comptroller of the currency, has just
made public the results of the investi-
cation which he has made into the num-
Der of loans and deposit accounts, rates
of interest and resources of the COM
bined banks of the United States in the
years 1850, 1894 and 1899. II collecting this
data nearly ten thosand reports from
banks have been examined and com
piled. The general deductions from the
investigation covering the last ten years
is given by the comptroller as follows;
First-That the number Of individual
depositors in the banks of the United
States is constantly increasing, as in
Dictated by the regular increase, in the
number of deposit accounts of the COM
bined banking systems.
Second-That there is a demand from
borrowers for the use of the greater pro-
portion of the deposits of banks, and
while the number of individual borrow
ers is increasing the depositors greatly
outnumber the borrowers and the increase
in the number of borrowers is much less
than the increase in the number of de-
Third-That growth of the banking
systems is being characterized by
gradually lessening rate of interest
charged on loans.
.Fourth-That a gradually lessening rate
of interest is being paid upon deposits.
Fifth-That, considering the larger eli
entage of national and savings banks,
the average deposit of the individual or
corporation is slowly increasing
Sixth-That the average size of the
loans, all classes of banks considered, has
not varied much in the last decade.
Seventh-That the growth in the ag
greCGte Of individual deposits has been
as follows: July Y, 1888, 1908 banks, re-
porting 50, 776, 40 !02: July IS 1894, 950S
banks, reporting 1851, PIG 302; June 30, 1899
TbA &C
The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-11-17
THE MARKET ELSEWHERE.

New York, Nov. 16.-The market for
securities showed an instantaneous re-
Spouse this morning to the promise of
relief to the money market contained in
Secretary Cages circular, offering to
redeem S75,0OOOOO of government bonds
at the market price of Wednesday. The
first hour of the trading witnessed a
very animated market, the activity and
strength being very generally distrl-
buted throughout the list. The rapidity
of the advance invited considerable
profit taking, and there were quick re-
cessions from the opening level.
The demand for stocks continued un-
appeased, however, and the higher level
was reached again. At the high level
there was a diminution of the demand
but the undertone continued remark
ably firm, and offerings to realize were
quickly absorbed.
The whole market hinged on the
days development concerning the treas
ury departments offer, though the
opening strength was added to by sym
pathy with London, where the markets
were affected by rumors of the death
of General Joubert. Wall street was full
of rumors of very heavy blocks of
bonds, accounting by banking interests,
for the express purpose of awaiting
themse, YES of the first offer to buy by
the treasury department, but no con-
firmation of these rumors could be had.
A buoyant tone was impaired to other
government issues, apparently on the
theory that the offer of the secretary
of the treasury might later be extend
ed to include other bonds.
The money market was somewhat
easier i'll tone, but did not yield below
8 per cent. The response in foreign eX-
change. however, was marked Posted
rates for sterling exchange was marked
up full cent in the pound, and actual
rates. rose half cent all around, in
spite of easier money in London and at
continental centers. The strong tone
of the government bonds would natur-
ally serve to discourage the acceptance
by holders Of the offer of the treasury
department. So far as the available
supply IS concerned, it was known up
to a recent time that the New York
banks would have difficulty in obtain
| ing additional government bonds as Sc
curity for further government deposits
| in the event of an offer by the treasury
| department to increase it's deposits
| There has been some accumulation of
| bonds in the banks the last few weeks
but no reliable estimate can be OBJ
tanned of how far their previous hold
| ings have been increased.
| The previous holdings were mostly in
use as security for circulation and gov
! eminent deposits, so that their sale to
| the government would not serve to in
| crease the money supply in the market
It is nor believed that private holdings
of bonds and holdings of fiduciary in
stitutions as investments will be drawn
upon to any extent in response to the
offer of redemption.
The bond market was active and
strong. the speculative issues and reor-
ganizatlon bonds being favorites Sales
par value. $3,570,000. United States As
new, advanced %, the IS and old As reg
istered u, and do. coupons and Is u, in
the bid price.
The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-11-17
MARKET NOTES.

Calumet, as is well known, guaran-
tees its price to it's customers and that
II cents can safely be considered as
the bottom price for copper as long as
the present Calumet contracts are out
standing.
Federal Steel has contracted to fur
nish over 100000 worth of metal for
Glasgow. This order placed at the
highest current quotations., does not
bear out the theory expressed by some,
that the condition of the steel and iron
market is local or temporary.
New York Central has been expert
menting with oil upon it's road-bed, but
reports that the trials We're unsatisfac-
tory, physically and financially.
Carnegie denies the recent newspa-
per reports Of the war between the
Rockefeller and his own interests.
further discussion of the possible
transfer Of the Fitchburg road to the
Vanderbilt interests, will now be in or
der.
The people who are now buying Ar
cadian have predicted that it win touch
so before January l.
The tight money scare is weakening.
The Boston News Bureau says that
the American Bell Telephone readjust-
ment plan is in the hands of the execu-
tive committee of the company An
nounceTnent is looked for some time be-
fore Jan. /, but no date has been set.
The directors held their monthly meet
ing yesterday, but it was said that only
routine business was transacted. Those
well informed concerning the affairs of
the company say that they are antici-
pating receiving three shares Of per
cent stock in the new company for each
share of old stock, and in addition the
right to take additional stock in the
new company, all of which should give
a value of about $500 per share to Bell
Telephone stock.
Taking the entire account together,
the merchandise and gold and silver
movement, the net credit balance in
favor of the United States for the last
ten months appears to be about $780,
900, 900, while the balance for the same
months of 1898 was about $3.50, 000, 900
These figures are subject to the deduc-
ton of American obligations abroad on
account of interest, freight charges and
travellers credits, but If these have
amounted to $i50.000000 for ten months,
the United States still has credit bal
ance on the business of the last ten
months amounting to about $780, 900, 900.
The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-11-17
BIG BOND SALE.
New York House Will Sell Government
$1o,ooo,ooo Worth.

$1o,ooo,ooo Worth.
New York, Nov. 16.-The Evening
Post says: It was learned this after
noon that a well known bond house OF
this city would sell the government a
large block of bonds, estimated at $40,
100000. Arrangements, it is believed
have been practically completed for the
transaction, so that the transfer will be
effected tomorrow. Sub-treasury off
Gals today gave out checks in payment
of bonds as soon as the vouchers were
received. This will add materially to
the reserve in the local banks
Estimates varied respecting the ag-
Sregate amount Of cash that will be re-
leased in this city by the government
bond purchases. Some authorities
thought that $12, 900, 900 would be added
to the reserves Of local banks as a re-
suit of the operation, while others be-
lieved that S10000,0 900 would represen;
the assistance felt. Local banks, it is
thought will not to any considerable
extent sell their bonds.
They only hold now $500, 900 free and
clear and would not be likely to disturb
securities held as collateral for special
government deposits in order to take
advantage of the favorable offer. A
prominent sterling banker said this af-
ternoon that the treasury's offer to pur-
chase b0ndshad put an end to the pres
ent possibility of gold imports.
The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-11-17
WOULD TAKE q. g. A. JULY /.
N. Y. C's. Formal Control Would Be-
gin Next Summer.

N. Y. C's. Formal Control Would Be-
gin Next Summer.
Directors of the New York Central
railroad did not formally ratify the
lease of the Boston and Albany railroad
at their regular weekly meeting in New
York yesterday, but they will probably
do so later. The control of the Albany,
according to the new terms, does not
pass to the Central until July 1, 1900,
but th@ Central leases the property
within thirty days after the lease is APP
proved by the legislature. The original
lease gave the New York Central the
right to take over the assets back of the
improvement fund for $4,000000. If they
did not take them over the Albany poo
pie HAD the right to keep the assets and
sell them for the benefit of the stock
holders. Now the New York Central
absolutely agrees to buy the assets in
that fund for $5,50000O in New York
Central 312 per cent bonds within thirty
days after the lease is legalized by the
legislature. The question of whether
these bonds are to be paid over to the
stockholders or kept in the treasury of
the Albany road, and the interest there
on paid to stockholders, is left with the
directors to decide.
The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-11-17
SECRETARY CAGE OFFERS TO
BUY S25,OOO,OOO BONDS.

The per cents of 1904 will be re-
ceived and paid for at Ill net.
Bonds of either class, or mixed Oh
ferings of both, may be presented at
the sub treasures in New York, Bos-
ton, Philadelphia, Baltimore, Clncln-
natl, Chicago, ST. Louis, New orleans
and San Francisco.
The above proposal to hold good until
the close of business on Nov. 80 instant,
or until the amount of $25,000,O0O shall
have been secured if prior to that date.
(Signedl y ]. Gage, Secretary.