davidaulloa/AmericanStories huggingface dataset:
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1901-02-16
ALMOST CAME TO BLOWS.
M Rae and Hopkins Quarrel Over Sale OF o d
New York Custom House.

Washington. Feb. 1.-THE events in
connection with the sale of the old New
York Custom House to the National
Bank which heretofore have been
the subject of much comment, occupied
the centre of the stage during the de-
bate of the Sundry Civil Appropriation
Bill in the House today
Much excitement attended the debate
Mr.. McRae, an Arkansas Democrat,
raised the issue with motion to strike
out the appropriation of $37l ,047 for rent
Of the custom house, and with this mo-
ton as a basis. Mr.. Jones, ya),
launched fierce attack upon the cir
cumstances and manner of the sale and
the vast profit which he claimed the
bank made out of the transaction. Sec
rotary Gage was sharply criticised and
several references were made to the let
ters written by Mr.. Hepburn to Score
tary Gage, apropos of the political
claims of the bank.
Mr.. Cannon and Mr.. Hopkins, Qns)
both defended the custom house trans
action, and the latter turned the tables
on the Democrats by springing upon
them a series of letters written by
prominent Democrats, including Sena-
tor Jones, (Ark.), to the Secretary of
the Treasury under the Cleveland lAd-
ministration asking the deposit of Gov
eminent bonds in banks with Demo-
cratic proclivities. This centre shot
We letter written by Mr.. Richard
son. (Tenn.). now the Democratic leader
of the House.
Mr. McRae, (Ark), Indignantly
charged that the letters were private
and had been furnished to divert at
tention from the sale of the custom
house. He and Mr.. Hopkins had hot
words; for a moment it looked almost
as if there would be a personal en-
counter. In the end Mr.. McRae's
amendment was lost SO to 9S--a strict
party vote and another amendment
offered by Mr.. Richardson to provide
that the rent should not be paid until
the title to the old custom house passed
from the Government to the bank, fail
ed on tie vote.
Forty-three of the 1877 pages of the
Sundry Civil Bill were completed today.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1901-02-16
Censurs Of McLaurin Tabled.
(By the Associated Press.


Columbia, S. c., Feb. 1.-THE House OF
Representatives today, debate having
been shut off, tabled Mr.. McMaster's
resolution condemning Senator McLaurin
fer alignng himself with the Republican
Administration in it's foreign policy and
on the ship subsidy Today by an almost
identical vote, 80 to 40, the House refused
TO take the matter uD after Mr.. Rucker
had made a bitter denunciation of Nc
l. aurin.
Tonight Mr. Mclaughlin offered another
resolution commencing Senator Tillman
and condemning McLaurin. substitute
in milder language was offered by Mr.
Cosgrove. The House in a general uproar
adjourned without declaring its policy.
A number of members held aloof. taxi
ing the position that the Legislature has
no right to criticize the men whom it
has elected.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1901-02-16


the amendment of the law relating TO
education.
Legislation has been prepared ana II
the time at your disposal proves TO be
adequate. Il viii be laid before you. Tor
the purpose of regulating the voluntary
sale by landlords to occupying tenants IN
Ireland, for amending and consolidating
the factory and workshops acts, for the
better administration OF the law re-
speeding lnnatics. for amending the pub
lie health acts in regard TO the water
supply; for the prevention of drunken
ness in licensed houses and public places
and for amending the law of literary
copyright
4 pray that Almighty God may con-
tinue to guide you in the conduct OF your
deliberations. and that he may bless
Them with success"
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1901-02-16
NOTICE.

By virtue of q power of sale contain
ed in a deed in trust to me, executed
by Il. II. Cameron and his Wife Eugenia
l.. Cameron, March IA, 1896 and register
ed in Wake county book 1874, page 1853
viii on Tuesday, the 5th day of March,
1901, at the court house door in Raleigh
between the hours or II a. IN. and o.
M, proceed to sell at public auction
to the highest bidder for cash the house
and lot in Raleigh where said Cameron
lived at the time sail deed was eXecut-
ed, bounded as follows: Beginning at
southeast corner of intersections of
East and .Itnes streets, thence east
along said Jones street to northwest
corner of the lot of the late w. L. An
derson, 105 feet thence at right angles
with said street southwark to line of
lot of Misses Green 1876 feet thence
westward with said line 1O5 feet to East
street, thence said street to beginning
While the terms Of sale is cash, any
one desiring to purchase can arrange
to get time 10 pay the purchase money
by seeing b. Cameron or r. Il. PEBBLES
PAUL G. GRAHAM.
Trustee.
This January 80, 1901.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1901-02-16

This January 80, 1901.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1901-02-16
TOBACCO MEN AT WASHINGTON.
Favor the Senate Provisions on Tobacco in TIE
Revenue Reduction Bill
An the Associated Press.l

(By the Associated Press.)
Washington, Feb 14.-Representatives
of the tobacco manufacturers of Vir-
ginia and North Carolina, representing
all the Southern tobacco factories out
side of the Tobacco Trust, were here
today to present resolutions passed at
Danville, Va, yesterday favoring the
Senate provisions on tobacco in the
Revenue Reduction Bill. The commit
tee included Messrs. NJ. d. Bailey, of
Winston, N. c.; j. II. Spencer, OF Mar
tinsville. Va; and NJ. c. Patterson OF
Richmond Va. Meetings were held
with the Senate and House conferees,
and an earnest presentation made in
behalf of the tobacco manufacturers.
Similar representations have been mace
by a committee from the Independent
manufacturers of the West.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1901-02-16
CLASS IN CIVIL GOVERN MENr.
Holly Spings Students Hear the Argument on
Impea ;hment of Douglas and Punches

Rev. c. V. Brooks, principal of Holly
Springs Institute was in the city yester-
day. He brought with him the class in
civic government, and showed them
through the State building. They spent
some time in the Legislative halls, listen
ing TO the speeches in regard to the i'm.
parchment question. He was accom-
panied by Mrs. Brooks. The pupils here
were as follows Roger. Hubert and Dill
sic Collins Misses Bessie Norris, Rebec
ca Goodwin. Blanche Holt, Pearl Wray,
Maggie and Alice Johnston. and Messrs.
Warren Ferguson, T. +. Cameron and
Jarvis Brooks.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1901-02-16
A DEEP MYSTERY.

1t is a mystery why women endure
bacAache, headache, nervousness, Sleep
lessness, melancholy, fainting and dizzy
spells when thousands have proved that
Electric Bitters will quickly cure such
troubles. II suffered for years with kid
ney trouble, writes Mrs. Phebe Cherley,
OF Peterson, Ia, and a lame back panied
me so | could not dress myself, but
Electric Btters wholly cured me, and,
although % years old, / now am able
TO do all my housework." 1t oTercomes
constipation, improves appetite gives
perfect health. Only 50c at all drug
stores.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1901-02-16
MARBLE WORKS.

mAMbG6 WOMrSs
RALEIGH MARBLE WORKS.
Cooper Bros, nropr' etors.
JOB PRINTERS.
Afford, BYNUM & CHRISTOPHERS
rs e. Hargett st.
CAPITAL PRINTING COMPANY,
115 West Martin st.
UZZELL, f. NJ,
Cor. Wilmington and Martin SITS.
MERCHANT TAILORS.
DELVIN, G. H.,
2ud Floor Holleman Building.
MUSICAL INSTRUMENTS.
DARNELL & THOMAS,
ia Fayetteville st.
PLUMBERS AND GAS FILTERS.
NORTH STATE PLUMBING AND
HEATING COMPANY,
100 West Martin ST.
SHOES, TRUNKS AND HOSIERY.
HARDING, VIM. T.,
100 Fayetteville st.
VEHICLES AND HARNESS.
STRONACH, FRANK,
PIC to 1923 Wilmington st.
FURNITURE.
THOMAS e. CAMPBELL,
0 TO II r. Martin st.
INVESTMENT AND LOAN.
ALLEN, GEORGE,
Pullen Building.
SIGN PAINTERS.
BULLOCK, CHARLES F.,
II e. HargetA st.
JEWELLERS.
JOLLY, B. r.,
1913 Fayetteville st.
MAHLER'S SONS, H.,
22S Fayetteville ST.
LIVERY And SALE STABLES.
ROBBINS, j. H., STABLES,
u Block from Capitol, E. Morgan st.
ROOFING AND SHEET METAL.
ALLEN ROOFING Co, THE,
1873 salisbury Street.
HARNESS AND SADDLERT.
WYATT HARNESS COMPANY,
100 E. Martin st.
INSURANCE.
PRIMROSE IL CO., w. s.,
Holleman Building
aRoCERS, WHOLESALE, RETAIL
LANCASTER IL CO.,
ii e. Hargett st.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1901-02-16
RALEIGH'S BUSINESS HOUSES. !:

ARCHITECTS.
PEARSON, CHARLES,
Tucker Building.
ARTISTIC WOOD MANTELS.
ZACHARY & ZACHARY.
1O8 West Martin st.
BOOK STORES.
HOUTHERN BOOK EXCHANGE,
127 Fayetteville st.
BAPTIST BOOK STORE.
lib Fayetteville st.
BANKS.
SYMMETRICAL & FARMERS BANK,
Cor. Wilmington and Martin Sta.
BUSINESS COLLEGES.
PEELE, JUDSON,
Pullen Building.
COAL, WOOD AND ICE DEALERS.
JOHNSON & JOHNSON,
122 Fayetteville st.
JONES & POWELL.
LOT Fayetteville st.
CANDY MANUFACTURERS.
POPE. J. A.,
l05 Fayetteville st.
COFFIN HOUSES AND EMBALMERS
STRICKLAND, G. A,
lit to 119 s. Wilmington st.
CHINA AND GLASSWARE.
HUGHES, VIM. r.,
1877 Fayetteville st.
CHINA, TOYS AND CANDY.
RIGAN, j. L.,
1872 Fayetteville Street.
DRY GOODS.
DOBBIN &c FERRALL,
12S and 125 Fayetteville Street.
WOOLLCOTT, WALTER,
Il e. Martin ST.
DRUGGISTS.
KING, w. III. DRUG CO.,
Cor Fayetteville and Hargett. also Cor
Wilmington and Martin SITS.
SIMPSON, WILLIAM,
Pullen Building.
CR0CERS, WHOLESALE.
BALL, JESSE G.,
2 Hargett Street.
DUNN BROTHERS,
Is and 20 Martin Street.
PHOTOGRAPHS AND PICTURES.
WATSON, FRED. A.,
112 and 131 Fayetteville st.
WHARTON, C. p,
110 Fayetteville Street.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1901-02-16
SPECIAL RATES VIA SEABOARD AIR
LINE RAILWAY.


On account of the inaugural ceremonies
Of the President and Vice President OF
the United States at Washington. d. c.,
March 4th the Seaboard Air Line Rail-
way will sell excursion tickets from all
stations at the rate OF one fare for the
round trip. Rate from Raleigh $3.50
Tickets to be sold March list. End and 3rd.
with final return limit March 9Th 1901.
inclusive.
For Military Companies and Brass
Bands a rate of one cent per mile will
apply plus arbitrary for twenty-five or
more on one ticket. Rate from Raleigh
will be $6.45
For fine trains and fast schedule take
the Seaboard Air Line Railways famous
Florida and Metropolitan Limited" and
Atlanta Fast Mail" These trains run
direct to Washington.
For tickets, schedules and sleeping car
accommodations
GALA WEEK, SOUTHERN PINES. N. c..
FEBRUARY II to 16. 1901.
On account of the above occasion the
Seaboard Air Line Railway win SELF
round trip tickets to Southern Pines M
rate of one frst-class fare from All poinfs
IN North Carolina. Rate from Raleigh
$3.50. Tickets to be sold February 1Oth.
18th and 18th. with final return limit
February 18th.
For further information call on or write
G. H. GATTIS. c. p. & T. A..
Raleigh. NJ G.
II. s. LEARD, T. P. A.. Hamlet, n. c.
r. e. L. BUNCH, @. p. A.,
Portsmouth, Va.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1901-02-16
THE PRESBYTERIAN CREED.
Two Explanatory Reports Will be Submitted
to the General Assembly
(By the Associated Press.)

IbV IIIe -AaSUCIdIoU Itao'J
Washington, Feb 14-The Preshy-
terrain Committee appointed to consider
the revision of the Westminster Confess
sion of Faith. has concluded it's labors
and adjourned Two reports will be pre-
scented TO the General Assembly. The
majority report will recommend a SUP
Elemental explanation of the creed. The
minority will recommend a supplemental
explanatory statement of doctrine.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1901-02-16
The Commission at Dagups n.
An the Assnoiated press

by the ASSOCIATED Press.)
Dagupan, Province of Pangasinan, Is
land of Imzon, Philippine Islands, Feb. a.
The United States Philippine Commits
sion arrived here this afternoon and
will organize provincial government to-
morrow. The commissioners were re-
ceiyed enthusiastically.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1901-02-16
DURHAM's BUSINESS HOUSES.

ANDY MANUFACTURERS.
SAMUEL, LEVIN,
222 w. Main st.
DRUGGISTS.
w. NJ. YEARLY,
123 Il. Main st.
DEPARTMEMT STORES.
LEWITH MERCANTILE CO.,
231 to 235 w. Main st.
FURNITURE.
THOMAS & CAMPBELL,
1913 to los F.. Main st.
FURNITURE, CoFFsnS, CASKETS.
H. G. HERNDON,
121 E. Main ST.
GROCERIES, SHOES, HATS.
B. w. HOBGOOD,
la e. Main st.
SEWING MACHINES.
NEW HOME AND DOMEs TIC.
J. S. Murray Agent
WHOLESALE, RETAIL PRODUCE.
BERRY & CO..
204 W. Main St.
The Kalispell bee. [volume] (Kalispell, Mont.) 1901-1901, 1901-03-01
HIS STOCK
Went DOWN,
Macginnis Loses Prestige at
Helena.
CONRAD AND COOPER
Have Gained Some.-Heinze Fights House
Bill 87.-Senate Away
Ahead. &
CONRAD AND COOPER

Helena, Feb. 20. .-Macginnis stock
went down today and Cooper and
Conrad stock went up. The slump in
Macginnis holdings was bad one,
sending the young man from Silver
Bow down to IL. Crawford, Pelletier,
Pendergrass, Quinn and Sullivan,
of Silver Bow, Topped in a bunch
from Macginnis to Conrad. John
r. Toole, who has been voting for
Frank today voted for Conrad. The
suspicion grows that the Cooper men
are wooing the Macginnis combine
and the Macgin1is men are making
goo goo eyes at Conrad whose sup
pOrters profess to believe that he will
win out. The vote: Carter 81:
Frank 20; Macginnis 12; Cooper 8;
Conrad 8; Toole /; Clements 1.
Practically all business in the leg
isiature is suspended by the fiilibust-
ering tactics adopted by the Heinze-
Macginnis combine to prevent the
house acting on senate bill 81, which
proposes to prevent a biased Judge
from sitting in civil actions. Although
the judiciary committee was ready
to report the bill favorably this morn
ing, the opposition tactics resulted
in sending the bill to the printing
committee for further delay and Sc
cured an adjournment before any
thing could be done. The senate has
business so well in hand that it held
only a morning session today, and ad-
journed to tomorrow morning.
The Kalispell bee. [volume] (Kalispell, Mont.) 1901-1901, 1901-03-01
NO MORE
CHECK STAMPS.
House and Senate's Agreement On
Revenue Bill.

House and senate's Agreement On
Revenue Bill.
A complete agreement has been
reached by the republican conferees
upon the most important items of
the war revenue reduction bill. On
beer the house wins it's contention
and the senate yields. The house af-
fixed rate of SLIGO per barrel with
out any discount while the senate re-
tanned the old rate of 81 per barrel,
with rs per cent discount. The diff
ference between the two rates is
about ten cents on the barrel. The
tobacco tax is compromised.
The house left the tax standing at
IL cents per pound as in the existing
law, while the senate reduced it 25
per cent, or to 9 cents per pound.
The compromise provides for a re-
duction of two cents and forty-hun-
dreths of cent per pound, leaving
the rate $50. The house also comes
out ahead on bank checks. The house
repealed the entire tax on checks, but
the senate did not accept this atcion.
The senate conferees now accede to
the house provision. .he reduction
in the revenue will be $7,OOO,OOO on
account of this action. The house
provision entirely repeating the tax
on proprietary medicines is also ac-
cepted.
The Kalispell bee. [volume] (Kalispell, Mont.) 1901-1901, 1901-03-01
CONRAD IS
CLIMBING UP,
Thirteen Voves Were Cast for
Him Today.
ROAD LAW PASSED.
The House is Wrangling Over the Bill
Against Prejudiced
Judges.
ROAD LAW PASSED.
Snecial Dispatch to the Bee:

Special Dispatch to the Bee:
Helena, March l. - w. G. Con-
rad made further gains at todays
vote on Senator. The following was
the vote: Thomas Carter 80; H. l..
Frank 80; w. G. Conrad 13; Walter
Cooper 9; John Macginnis g.; Joseph
X. Toole /.
The Conrad vote came principally
from the former following of Macgin-
mis-, whose candidacy appears to be
going to pieces. The Macginnis men
will caucus tonight, to consider a
- proposition from the Cooper, men.
That proposition involves the adOp-
ION of rule requiring two-thirds of
.-.e vote of the caucus to select SEN
ator, and makes the caucus binding
only in the event that 48 fusf6n1sts
sign the agreement.
The senate today passed the Faust
road law and the bill creating a state
Office of the coal mine inspector.
The house is wrangling this after
noon over senate bill 81, which was
put at the head or the calendar by
the steering committee today. The
bill provides for changes of venue
from judges that may be prejudiced
against a litigant.
The Kalispell bee. [volume] (Kalispell, Mont.) 1901-1901, 1901-03-01
JUDGE OF THE
TWELFTH DISTRICT
Judge Tatton Barely Missed Being
Elected.

BY his appointment as Judge of
the new twelfth judicial district,
which was made by Governor Toole
Immediately on his approval of the
bill creating the district, John w.
Tatton of Fort Benton secures an Of
flee which he barely missed winning
in the election last fall. He was de-
feated for Judge of the fifth district
by E. K. Cheadle the republican
candidate, by a small majority, but
will now be Judge of two of the
three counties composing that dis
trict-Valley and Choteau-Judge
Cheadle remaining Judge of Fergus
county, composing the fifth district.
Judge TattOn is a native of Ire
land, and is we'll preserved man be-
tween IS and 60 years of age. He
came to Montana in 1872 as soldier
in the United States army and, when
his term of service expired, engaged
in the practice of law at Fort Ben
ton, where he has remained ever
since. He began the study of law
while he was still a soldier and oc-
casionally practiced in courts mar
tial.
Judge Tatton has the reputation of
being learned in all branches of law,
and has made name as a skilled
criminal lawyer, especially as
prosecutor.
The Kalispell bee. [volume] (Kalispell, Mont.) 1901-1901, 1901-03-01
DISBARMENT
PROCEEDINGS
Are Instituted Against Attorney L.
kens,

Peter Breen, county attorney of
Silver Bow county, has filed an accu
sation in disbarment proceedings
w. w. Likens and the supreme
court made an order yesterday for
Likens to appear April l and show
cause why the petition should not
be granted.
The charge is that, when admitted
March 8, 1900, Likens took oath that
no criminal charge had been insti-
tuted or prosecuted against him in
any jurisdiction. The Information
charges that he was convicted of a
felony at Boulder, Colo, May, 1885
went to the Colorado penitentiary
May 27. 1885, and was discharged
from there July q, 1888. The record
of the court of Boulder county shows
that he was convicted of forgery
and sentenced to four years impris-
Onment.
Likens' Colorado record was oh.
tanned by Mr.. Breen from Lewis S.
Young, county attorney of Boulder
county Colo. to whom he described
Llkens as an all round nuisance,
who mad practically lived in the
county Jail for the last year and was
cotinually raising technical points in
criminal cases.
The Kalispell bee. [volume] (Kalispell, Mont.) 1901-1901, 1901-03-01
LAST CABINET
MEETING
Under the Existing Presidential
Term,
WAS HELD TODAY.
Griggs Will Retire in Month"; Philan-
derKnox, Of Pittsburg, to Take
His Place. ....

Washington, March 1.-At cab
met meeting today, the last under
this presidential term, all the men,
bers presented their designations to
take effect on the qualifications of
their successors. Attorney-General
Grigs who has decided not to retain
his position the coming four years,
was among the number, but his re-
nomination will go to the senate along
with the others. He will not serve,
however, longer than about April l..
when it is believed that Philander G..
Knox, of Pittsburg, will receive the
appointment.
The Kalispell bee. [volume] (Kalispell, Mont.) 1901-1901, 1901-03-01
THERE IS NOT
MUCH TO IT,
Relations with Cuba Commit
tee Makes Report.
NO RECOMMENDATION
Made.-Postal Frauds Being Investigated
BY the Cuban Courts, Says the
Committee.

Washington, March 1.-Senator
Platt, chairman of the senate COM
mittee on relations with Cuba sub
mited to the senate today the report
OF that committee upon he results of
it's investigation into the irregulari-
ties in Cuba. The committee de-
tails the extent of it's investigations
but makes no recommendation be-
yond that connected with the follow.
ing paragraph:
In the opinion of the committee,
l-4e information obtained is so full
and specific as to render further in.
Vestigation and inquiry unnecessary.
especially in view of the fact that
alleged frauds in connection with the
postal revenues of the island are
now being investigated by the courts
of Cuba.
The Kalispell bee. [volume] (Kalispell, Mont.) 1901-1901, 1901-03-01
A CHANCE FOR
WHISKY DEALERS
Place Big Ads in Paper Edited BY
Mrs Nation.

Mrs Nation.
MS. Carrie Nation was in charge
of the Peoria, ILL.,, Journal, one day
this week. In her leading editorial
she said: Il have never hurt a hair
on the heads of my bad brothers,
the saloon keepers, and hope for
PHYS sake none of them ever shall
get in the way of my hatchet, for it
gets dreadful reckless when it flies
around smashing that which murders
men,
Aside from writing some eight COL
umns on the kansas Cyclone" she
also writes an account of her smash
ing career, in which she tells how
she happened to direct her energies
along this line.
Many of the best known writer's of
the country contribute to the paper.
The cartoons are those suggested by
Mrs. Nation. Whiskey firm adver-
tisements are another feature, one
concern having an entire page.
The Kalispell bee. [volume] (Kalispell, Mont.) 1901-1901, 1901-03-01
TWO CHINESE
WERE BEHEADED
Ten Thousand Persons Wjtness the
Execution of Chinese Mobiles.

Pekin dispatch says: A crowd of
fully 10000 persons witnessed the ex.
ecution of Chih Su and Hsiu Cheng
Yu, who were beheaded here Wed.
nesday in accordance with the de.
mands of the powers. The members
OF the various legations were con-
spicuously absent, feeling that il they
were present they might seem to be
gloating over their fallen adversar.
les. Every power however. was
largely represented by military off,
clals and soldiers. and there was also
present staff from each of the for
elgn powers. Besides these, many
missionaries witnessed the execution.
The condemned men met death stoi.
cally. In each case one blow severed
the head from the body. At the time
the execution was being carried out.
the ministers held a meeting and
determined on the part of the ma
jority to draw a curtain over further
demands for blood.
The Kalispell bee. [volume] (Kalispell, Mont.) 1901-1901, 1901-03-01
HOW The DEAL
WAS MADE.
Morgan Took Hold of it With Great
Reluctance.


The New York Times says: That
having maintained silence on the sub.
ject of the new steer combine for
many weeks, j. P. Morgan while in
his Office said. after he had read a
Boston publication which, contained
an article entitled: The United
States Steel Corporation-A Unifica-
ton of Great Interests That is
the best statement of the situation
that has yet come 20 my notice. Had
| written it myself l could not have
stated the situation better
THE article makes the following
statement, which is the first authen-
tic admission of the question which
brought the consolidation about:
Mr.. Carnegie recently threaten
ed to duplicate the mills of the vari-
GUS makers of finished products be-
cause enough raw material was not
being purchased from him. The COM
panies making the tinisned products
threatened retaliation in Carnegie's
field, with the result that sort of
Industrial chaos was threatening in
the steel and iron trades and the se-
curity markets of this country
How Mr.. Morgan was brought in
to this matter is stated as follows:
Mr.. Carnegie said he must pro-
gress or go out of business. Other
'terests said they rust do the same
thing. Mr.. j. p. Morgan was ask
ed to furnish some plan of solution.
with great reluctance he took hold
of the situation. Before proceeding,
however Mr. MOrpan demanded %ho+
$2OO,OOO,OOO should be promised him
by responsible banking and financial
interests should so much money be
needed. The money was promised
- Mr.. Morgan set to work. Mr..
Carnegie had. the largest plant and
the strongest position, and named his
terms of sale. However, he signified
'ts willingness to take securities in
lieu of cash, and negotiations pro-
ceeded very rapidly.