The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1901-07-11
From Our Regular Correspondent.

RALEIGH. N. G., July s, 1901.
1t is an ill wind that blows good to
nobody. By the same token it may be
said to be mighty poor weather that
does not contribute somewhat to the
benefit OF some class OF business going to
make I'D the sum of human affairs and
economies.
While the physical man has been suffer-
ing and sweltering in his own persplra-
ton for week, while several thousands
of people have actually succumbed and
died from the effects of the heat. especially
in the overcrowded and badly ventilated
tenement districts OF the great cities OF
the North, the cotton and some other
crops of North Carolina and the South
(what the storms and floods left of them)
have been greatly benefited by the hot
weather. and the crop prospects over
wide area of this section have been mate
rally frightened by the persistence and
torridity of Old SOILS rays. Let's be
thankful for that, while we withhold
some of the explosives on our tongues
end, and answer the enquiry OF the hot
weather idiot with this reply: "1es, it's
hot enough for me, but not too hot for
cotton.
GREAT WORK OF STATE NORMAL COLLEGE.
DR.. Charles d. McIver, president of the
State Normal and Industrial College, OF
Greensboro, left Saturday for Detroit,
Mich, to attend the annual meeting of
the National Educational Association, he
being in charge of the normal department
this year.
DR.. McIver and his college is doing a
great work for North Carolina. and the
people of this State are proud of the
State Normal and Industrial College, as
we certainly have a right to be. Great
improvements are now going on there
(the practice and observation school
building being in course of construction,
for one thing) and during the next twelve
months a splendid gymnasium will be
provided and the proposed Students
Building will be erected. The latter will
include the society halls. the Young
WOmen's Christian Association rooms,
quarters for the State Normal Magazine,
etc, and quite handsome sum has
already been raised for the purpose by
| the students and eX-students of this col
lege The one great need Of the institu-
! ton of late has been more dormitory
room, and this will be supplied to some
| extent by the completion of the practice
| school building. the space now used to be
| converted into dOrmitOry apartment.
The fact that tuition is absolutely free to
| every young woman who will pledge her
self to devote at least two years to teach
| ing is great thing for the girls of North
Carolina, and it is not to be wondered at
| that SO many desire to take advantage
| OF it, All who are willing to board in
| private families are welcomed by DR..
| Mclver and faculty. even after all the
| dormitory room has been filled.
| TAXATION Of INDIrSTRIAJ ENTERPRIsES
There We're several able addresses
| delivered at the recent meeting of the
| North Carolina Bar Association at
| Wrightsville, but the one which has at
tracted most attention was that delivered
by Hon. James H. Pou, of Raleigh-and
it was a speech which may be read with
much interest and profit.
| Mr.. POu called attention to certain
proposed determinations in the method
of taxing industrial corporations. He
stated that while these propositions had
not been enacted into law, having al
ways been defeated by the conservatism
of our Legislatures, the agitation OF
them was harmful. In calling attention
to the growth of license taxes, Mr.. Pou
suggested that, with the increase of tax
ables after 1908, all taxes on butchers,
wood dealers, boarding house keepers,
horse dealers, cotton dealers, and the
like, could easily be dispensed with.
| 1t is a subject of wide interest, and one
| that will affect the industrial growth of
North Carolina in the future, it may be
added, and Mr.. Pou handles it with his
usual ability and conservatism. To a
| layman the conclusion he reaches appears
to be for the bestinterest of the State and
| our people of all classes.
| DISTRESSING CASE OF CROOKEDNEss.
| A score of mighty sick people in Raleigh
"a score and one. That is the number
of members OF fraternal and beneficial
| organization here known as the knights
of Honor" each of whom has been carry
ing an insurance of - 900 on his life for
years, and some of them 20 to 25 years.
Most Of them are now old men, past
sixty, who have paid in monthly assess
ments amounting in the aggregate to
the value of their policies, and who can
not ROW secure new insurance on any
terms-good old citizens, of limited in
comes, who are about to lay down life Is
| cares and burdens to answer the Master
call. This $4,000 of insurance represent
ed all their savings, and it has been a
satisfaction and a solace to them to be-
live that their aged widows and children
would have the little nest egg to help
them meet the exactions of a livelihood
when the head of the family was gone.
Imagine their feelings today, now that
they have learned that they have been
ruined, their insurance lost, their prem
iums for a year misappropriated, if not
stolen, their families beggared-and all
through the alleged crookedness OF their
financial agent, Charles c. Mcdonald
who allowed their policies to lapse over
a year ago, and who has collected prem
iums ever since without acquainting the