Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1901-05-11


terminate the very large part of the
crop replanted since the cold of April
IS, some of which, however, is coming
up to good stands, especially In the
eastern districts. While planting has
been delayed by dry weather in Texas,
this work has made good progress else
where and is nearly completed over the
northern portion of the central dis
tricts. There is extensive complaint of
scarcity Of seed.'
Says a Baltimore dispatch of May
Z: It is learned here from reliable
sources that the United States Collier
les, Iron and Steele company, of this
city, has entered into a contract with
the Orleans Railway company, of Bor-
deaux, France, by which it is to fur
nish to the railway company several
thousand tons Of coal per month. 1t is
understood that this coal formerly was
bought in England, but the new export
duties to be levied in that country on
coal makes it possible for the local
company to compete abroad. The Uni
ted States Galleries company has re-
Gently opened up extensive coal fields
in Kentucky and large iron mines in
South Carolina and will make an effort
for foreign trade. At the office Of the
company here it was said that no de-
tails of the deal with the French Rail-
way company could be made public at
this time.
The Wall street panic that Russell
Sage predicted recently, began at 1
o'clock last Wednesday, and was at
tended by a frenzy Of excitement.
Thousands of small spectators who
were rich men before luncheon, went to
dinner penniless. The heaviest declines
were in st. Paul, Union Pacific and
Missouri Pacific. Hill stated positively
that he had not bought a share Of
Northern Pacific in six months. The
cause Of the panic are ascribed to the
fight between the Morgan and Rookie
feller interests and it is claimed that the
Standard Oil crowd became angered by
the action of Morgan and his friends
seeking to corner the Northern Pacific
and Steel stocks. They were found by
the Standard Oil and thrown on the
market. causing a frightful decline in
prices. John w. Gates is said to be the
heaviest loser in Northern Pacific. His
losses are estimated at three millions.
He has cancelled his proposed trip to
Europe.
At a regular meeting of the Mime
sofa State Prison board, last Tuesday,
at Saltwater, unanimous action was ta-
ken in favor Of paroling Cole and James
Younger, now serving life sentences.
Before the parole can be effective all
three members of the state pardon
board must approve it, and the action
will be submitted to that body as soon
as possible This is in accordance with
the new law which allows the parole OF
life prisoners after "a years imprison-
ment, being 35. less time gained by good
behavior. Paroles usually are granted
by the prison managers alone, but IN
the case of life prisoners, unanimous
approval of the board of pardons is
necessary and such paroled life prison.
ers cannot leave the state. The par
don board does not meet regularly un-
til July, but a special meeting may be
called if the members of the board con-
slider one necessary. The Youngers
were sons Of a wealthy Southerner,
who moved to Missouri in 1880. After
the guerrilla warfare incident to the
civil war, they Joined the James gang
and evaded all efforts at capture until
their sensational midnight raid on
Mortified, Minn.
The foreign ministers at Pekln, on
Wednesday, decided to address a col.
lectiye note to the Chinese government
informing it that a joint indemnity OF
45O OOO. 900 taels ($337 ,000,000) would De
demanded, and asking what method OF
payment is proposed. A reply is eX-
pected at the end of the week, which
will probably propose to meet the IN
demnity by raising the customs tarl1l.
II is considered likely that the powers
will assent to some such measure in
return for concessions on the part or
China in the shape of total abolition
of the likin, the placing of import du-
ties on a gold basis. really free naVlga-
ton or Chinese waters and the removal
of impedimentS to navigation and the
tax at Woosung. The ministers were
unable to agree as TO the desirability of
opening up the whole empire to resi-
dence and trade, holding that 1t would
he asking China to assume too great
responsibility. and that under the
present system Of government 1t would
be impossible to guarantee the safety
of the numerous foreigners who would
flock into the interior if the empire
were entirely opened.
Former Governor J. s. Hogg. of
Texas. is promoting the organization of
an iron oil coal company which is to
have a capital stock of s10,000,00O to
$40, ,00O, 900. He left Austin last Tuesday
for New York city, where several CAPT.
talists who are members of the COM
pany will sign the charter of the cor
pora ton. It will be taken out under
the laws of Texas. Mr.. Hogg declined
to make public the names of the New
York men who are interested with him
in the enterprise. The company in
tends to establish large iron furnaces
in the New Birmingham iron fields of
Texas and will operate oil pipe lines
from the Beaumont oil field to New
Birmingham. a distance Of probably 200
miles. 1t is asserted that a practical
method of using oil for smelling the
iron ore will be placed in operation.
The charters of fifteen new oil compan-
les with capital stock aggregating So
100000 were filed in the office of the sec
retary Of states office in Austin last
Tuesday. The largest of these was the
New Dominion Oil and Pipe Line COM
pany, of Beaumont. with a capital
stock of $4,000 900. It's principal stock
holder is ]. L. Laprelle, of st. Louis.
1t will build and operate oil lines in the
Beaumont field.
Worcester Telegram: Senator Geo.
F. Hoar was coming from Boston the
other day on the same train with the
Rev. DR.. James Boyd Brady. DR.. Bra
dy is trying hard to raise the debt OF
Grace church, of which he is the pas
tor, and according to the story told by
one of his friends, he went over to
where Senator Hoar was sitting and
engaged in conversation on the sub
ject of debt raising for churches. He
explained to the senator that he had
plan to raise the debt of Grace church
by means of shares, which sell for 80