davidaulloa/AmericanStories huggingface dataset:
Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1902-09-30
PRESIDENT DUKE
ENTERS A DENIAL.
Says New Tobacco Alliance VIII Not
Result in Raising Prices Above
Point of Reasonable
Profit.

LONDON. September 29.-J. B. Duke.
president Of the American Tobacco Com
pany. and who is to fill that Office IN
the newly-formed British-American To-
bacco Company. Limited. in an inter-
view to-day, denied that The new tobacco
alliance would result In raising prices
above what was necessary for a reasons
able profit When asked about the Og-
den bonus, a matter which greatly stirs
the retail tobacco dealers Of this country,
Mr.. Duke said: "As Ogden, Limited. has
ceased to exist, so has the bonus. After
the payment of the quarters fnstalment,
which is due to-day, nothing further will
be paid
Remarking upon the consumption Of to-
bacco In England, which Is only two
pounds per capita, as against six pounds
in the United States. Mr.. Duke said he
believed the small consumption In Eng
land was due to the high duty on to-
bacco. and that the reduction of this duty
would result in treblihg the revenues
from It.
Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1902-09-30
Gave Him Death wound.
DESPERATE BATTLE IN WOODS.
Watts Was Deputy Sheriff, of Glen
Jean, w. Va, aud Net His Death
Trying to Capture Negro Gam
bier in the woods-The Neero's
Death Was All That Prevented a
LynchinE.


LYNCHBURG, VA. September %
(Special 1.-THE remains of Roland H.
Watts. of Bedford county. accompanied
by Justus Collins. Of Charleston. w. Va,
president of the Collins Coliery Com
pany. arrived in the city on the Chesa-
peake and Ohio train from Glen Jean,
w. Va. this afternoon, and were con-
veyed over the Norfolk and Western to
Bedford City for interment tomorrow.
Mr.. Collins, in telling of the death OF
Mr. Roland Watts. said that since last
June the latter had been Deputy Sheriff
and in command of the guard at the
mines. Sunday afternoon about half-past
4 o'clock colored miner. stranger at
Glen Jean, known as William Diamond
or Black Diamond, had been shooting
craps in saloon, and in row that
followed shot Samuel Washington, also
colored.
Pursued the Negro.
Mr. Watts. as deputy sheriff. undertook
to arrest Diamond, and started after
him on horseback. The negro, finding
that he was in danger of being caught,
took to the woods Mr.. Watts then dis
mounted and followed Diamond into the
woods Exactly what took place is not
known but several shots were heard, ana
the posse which followed soon came upon
the PROSTATE bodies Of Mr.. Watts and
BLACK Diamond" Mr. Watts was dead,
having been shot four time-in the brest.
through the side. in the leg. nd in the
arm It is believed that the shot in the
breast killed him instantly, as it severed
the main artery.
Death Prevented Lynchfng.
The negro lived a few minutes after he
was found, having been wounded. it is
presumed. while resisting arrest. and
died Just before a crowd of white and
colored friends of Mr.. Watts arrived
with a rope to lynch the desperate.
Roland H Watts was 26 years Of age,
unm arried. six feet two and half inches
high. and perfect specimen OF manhood.
He was a son of Mr. and AI-s. John H.
Watts. who live near Bedford c.sy. and
is survived by them. also by two sisters.
Mrs. Harry Burks and Miss Matte
Watts. of Lynchhurg. Mr.. Watts was
educated at Randolph-Macon Academy,
and was a gentleman of marked intel
ligence. He has many wealthy relatives
in this city.
Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1902-09-30
1T LOOKS PANICKY.
Bankers Think Liquidation Must


Bankers Think Liquidation Must
Continue for Some Time.
NEW YORK. September 29.-Utter
decentralization marked the close Of the
stock market this afternoon and the
feeling was akin to panicky. Prices
broke to low records and the situation
was regarded with anxiety generally.
Call money rates in the closing hour
were forced up to IS per cent, and there
was hardly any money to be had even at
that figure. Transactions in the last hour
of trading were tremendous and the tick
er was nearly ten minutes behind in its
record There was hardly stock in the
list that did not break badly and there
was every evidence Of violent liQuida-
ton.
The entire list was feverish all day
long the first break being at the very
opening. when Louisville and Nashville
dropped, like chunk Of lead, hye points
It rebounded two points, swung up and
down, until late in the afternoon when.
suddenly without warning, 1t took an
other dive Of five points and stayed there.
ST. Paul was fully as cratic. It fuc-
tuated between 1929 and 1S3 7-s all day.
Gilt-edged stocks like Pennsylvania
dropped from 4 to points.
Southern Pacifc-that stock in which
the largest pool ever known In Wall
Street history has been operating and on
which James R. Keene has stacked his
reputation as an operator-he1d firm un-
til late in the day when it was forced
down despite all the millions Keene could
send in support OF it.
J.P. Morgan poured millions into the
market In vain.
More than $40, ,ooo.ooo was paid out by
| Morgan & Co.. anticipating interest due
October 1st, but the most effect that 1t
had was to break the price Of money
from IS to % per cent
It did not stay the downward deluge OF
liuuida ton.
IT was a rich mans panic, :" and q
break OF 3 to 10 points meant more from
a technical point Of view than the 80 or
70 point break IN the panic OF May sth.
wheh the general public we're sufferers.
There were not many lambs caught in
shambles to-day.
twas q hghtS Of prof
Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1902-09-30
A RIOT WAS FEARED.
Officers Hurried to Second
and Byrd Streets Last
Night.

An ugly demonstration of number OF
negroes at Second and Byrd streets last
night about 9 o'clock, occasioned con-
siderable excitement In that vicinity for
a short while. So great, for a time, was
the excitement that a phone message was
sent to the Second police station that
riot was imminent and that a large force
was needed Immediately.
This information was also communl-
Gated to Major Howard, who was at the
Academy of Music with his wife He left
there quickly and picked up every officer
he could find en- route. Captain Hulce,
who was at the station house, did the
same thing, and in a few minutes Major
Howard, Captain Hulce, Detective Ser
geants Wrenn and Gibson. Sergeant
Bailey were on the ground and quickly
dispersed the gathering. It was after-
wards ascertained that the negroes were
engaged in a voclferous discussion, and
this caused the commotion-
Among the police officers there was q
belief that an attempt was being made TO
arrest the negro who was shot by Officer
Murray on Sunday night and that the
blacks were rescuring their comrade. This
however, proved not to be the case.
Officer Murray had serious encounter
with a number Of negroes at the same
locality early Sunday morning, in whie h
he shot man by the name Of Jefferson.
The negroes in ''penitentiary bottom"
have been in an ugly mood for some time,
and when Officer Murray attempted 70
arrest jefferson on Sunday. his sister,
Jessie, came to the rescue and interferred,
and in the mix-up that followed the
woman got possession Of the officers pis-
toll and several times tried to fire the
weapon at him at close range. but not
knowing how to use 1t did not succeed
in her murderous purpose She threw the
pistol to her brother, and the officer man
aged to regain possession of it. and, with
with the trio around him, Officer Murray
fired at Jefferson, striking him in his leg.
Then there was a scamper to get away.
The woman was arrested later in the
day.
In the Police Court yesterday morning
Justice Crutchfield sent Jessie to Jail for
six months and held her for twelve months
in default of $500 for her good behavior for
a year.
officer Murray exhibits a number OF
cuts and bruises as the result of his ex.
perience.
Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1902-09-30
RICHMOND.

Colonel George Wayne Anderson will
not become Chief Of Police: secret con-
ference of Police Board--State Conven-
ton. Won1an's Christian Temperance I'm
ION, promises to be interesting-B. w.
Ford. son of the former hotel proprietor.
charged with betrayai-Alumni of the
University meet to-day to discuss chair
manship-Council committeeman view
Swift Creek water supply-Trigg Com
pany may build another vessel for the
governrnent-Wood supply is scarce. and
prices range from Sc to 81 a. cord
Rats" learn the ropes at Richmond Col
lege-Evangelist Stuart to speak to men
only tonight. Rev. J. 3. Hawthorne
sounds note of warning-Dr. Lyon G..
Tyler to deliver lectures at Johns Hop
kips-Squad of police disperse crowd in
Penitentiary Bottom.
Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1902-09-30
ANDREW FREEDMAN
QUITS BASEBALL
Says He Has Sold New York Club to
John T. Brush-The Announce
ment a Surprise.

NEW YORK. September 29.-Andrew
freedman. president OF the New York
Baseball Club, announced his retirement
tonight from baseball He said that
he had sold the New York Club to John
C. Brush. former owner Of the Cincinnati.
Club.
The announcement Of the sale OF the
club. and Mr.. F'reedman's withdrawal
Hit is taken into consideration that by dint
of the hardest sort OF lighting Mr.. Freed
man became the absolute master of the
National League within the past year.
Mr.. Freedman gave the reason for his
retirement In these words: .on account
Of my many business interests have
found that I have heen unable to dc.
vote the nsossaarx time g the club. -zss.
Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1902-09-30
They sacrificed everything in the effort

10 %HQ0idate
Among the heaviest sufferers In to-day's
crash, 1t is said, was John w. Gates,
He is in Europe.where he is said to be
desperately endeavoring to unload his
American stock on the London exchange.
His firm In New York has been openly
advising the purchase Of stocks which he
manipulated in such a spectacular man
ner last summer. Even as late as last
Saturday Charlie Gates, his son, VINO
has charge OF affairs in America, went
through the Waldorf, 1t is said. advising
the purchase Of Louisville at 154.
Above the crash OF millions, Russell
Sage to-day stood smiling. He has been
selling stocks for month. fairly tun1-
bling them on the market at nigh prices
He has been selling privileges with
Call end close to market and Put end
way down at the bottom. He had sup
plemented these with warnings to look
out for crash. Professional operators
said Russell Sage was oid-fashioned; that
he had not been West for several years
and advised him to so West and see the
great prosperity of the country.
To-day he solemnly loaned them money
at IS per cent. and ctaritab1y refrained
from saying, IT told you so,'' although
richer by several millions more than a
week ago.
Uncertainty concerning plans for the
ultimate disposition OF Louisville and
Nashville and the intirnatfon that minori-
ty stockholders will be left out In the cold
were the principal reasons given for the
panic.
There was nothing In the situation at
the close to give hope for better open
ing tomorrow and. In fact. general news.
money situation and feverish tendency
all seemed to make for continuation OF
der,oralized feeling. A real panic is fore
casted by many tonight.
| Ba nkers said that the liquidation in the
stost- market must continue for the pres
ent and they professed to see no substan-
tial benefit to be reaped from variou.
plans for relief thus far put into effect
Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1902-09-30
NAVAL STORES COMPANY;
CAPITAL, $2,00O,OOO.
1t Will Handle the Outnut Of Fiya
Hundred Producers in Georgia,
Florida, and AIississippi.

SAVANNAH. GA. September 2s.-The
consolidated Naval Stores Company will
be incorporated in Jacksonville, We'd
nesday, with capital of $4,000, 900. The
concern is taking in the Southern Naval
stores Company, of Savannah; the Ellis
Young Company. of Savannah; the Down
ing Company. Brunswick; the Mutual
Naval Stores Company, Of Jacksonville;
the Gulf Naval Stores Company, of Tam
pa; the Florida Naval Stores Company,
Of Jacksonville. and the West Coast Ma
val Stores Company, of Pensacola
The combine will handle the output of
500 producers in Georgia, Florida, ana
Mississippi. and is expected to do an an
nual business Of s11, ZOO, ,0OO
Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1902-09-30
definite shape. and the real fight will be
1t All Depends.


How far it will extend is going to .be
determined by the result of Captain An.
gles case, for as the commissioners hav,
stated that the conviction of the gamblers
brought on their action in this instance
and as practically all the big gambling
was done In his district with one excep-
ton, 1t is not thought that any charges
1cr this cause will be brought against
other officers
Mayor Taylor was reported yesterday
as having said that there should be n,
secret sessions Of the board in the inves-
tlgatlon. From this statement. it IS be-
lleved that the session Of yesterday re-
lated to ways and means Of getting the
specifications in proper shape. Certainl.
during the session Of the board yesterda,
the meeting was confined exclusively tt
the members constituting it and no officer
appeared as principal or witness.
Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1902-09-30

NEW YORK, september -s.-oeeie
tary Of the Treasury Shaw, VINO was
in New York tonight, has issued
statement, in which he says that the
banks will hereafter not be required
to carry a reserve against govern
ment deposits secured by government
bonds This will make available to-
morrow over 100000 600.
NEW YORK, September 29,-W1th call
money up to 55 per cent, and other ad-
verse circumstances, to-day's market re-
ceived a very severe shake-up, net losses
in many active issues ranging from to
10 per cent The greatest loss was sus-
tanned by Louisville and Nashville. Dis
appointment regarding the probable dis
position Of the road, as much as any
thing else, is supposed to have caused
the break.
Other features that combined to unset
tie the market were disquieting reports
concerning the Presidents condition. the
prolongation OF the coal strike. and the
indubitable fact that London and the con-
tinent are unloading Americans in large
block. Practically all the money loaned
on call to-day came from trust compa MES
ana to" L col lpoi al1o dA1o - ''.Aes
individuals. The banks of the Clearing
House Association stood aloof and made
virtually no loans for speculative pur-
poses. Moreover, the so-called substan-
1ial interests offered no support to the
market which with few exceptions. in
clI,dine Atchison and st. Paul. closed at
the lowest level
Morgan Offices Active.
ihe oii1oes " :, w. ea' ~ 80 1.1
other leauiils panh1is itouse' ~
curing the oay. aui. Naoi san e.o ai'9 a.
eoo'd.ee 81 " -. 1-<,uiasa
PROMINENT ll.laiicieis, ineluu'n6
otiiii.dn' tae S'S
PRESIDENT BAKER OF tne rts. Naeioliai lei
=! National Ranlx ~ Cornmerce. None OF
thase gentlemen you'd discuss the sit
nation Sexcent TO saw that further liqui-
| daiion of stoc,xs would clarity the tinan.
| c;al atm osnhare
The n,arlet onened weak and lower
,,1 around Tondon,s attitude having ;,
marked effect in that direction. Call
! the sacond hour of tho afternoon session
| ., ner cent was the quoted price. and
money onaned al * ner cent went off
. no;nt or so hnt soon rose to 20. In
! +ha +on f,,,ra of tho vear-a5 ner cent
w.. . ra.olad ~ M last hair hour IT WI,
~ ~ Iata trslinr that nrices melted
! 1nost and Tho decline was unchecked at
Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1902-09-30
Disastrous Tidal wave In Japan.

YOKOHAMA, September 2-During
the typhoon to-day a tidal wave swept
the Odawara district near here and over
whelmed many houses. Five hundreo
persons are reported to have been
drowned The japanese battleship sh-
hishima is ashore at Yokosuka, fifteen
miles from Yokohama 1t is said that
she will be refioated with slight damage
Several steamers were driven ashore
here. Some OF them have bsen renoa tea.
1t is feared that there have been many
fatalities among the dshsrmsa.
Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1902-09-30
THE TREASURY WILL AID.
Bank. Relieved of Carrying Reserve

Banks Relieved of Carrying Reserve
Against Government Deposits.
NEW YORK, September 29.-Secretary
Shaw declined here to-day to discuss the
financial situation further than to say
that the Treasury would cooperate as far
as possible with the banks of both East
and West in their effort to supply the
necessary credit to do the unprecedent-
ed amount Of business that is taxing
railroad and steamship lines, as well as
banks to the utmost.
Mr.. Shaw said he had never seen any
good reason why banks holding a gov
ernment deposit secured by government
bonds should be required to carry a re-
serve against it. First. 1t is deposit not
likely to be called for in a time of
stringency, and second, if called, the col
lateral will always sell. for cash. and
in excess Of the deposit. He has, since
he took control Of the Trea sury con-
templated relieving the banks of this bur
den. The Comptroller of the Currency
agrees with the Secretary. ana it is am
nounced that hereafter banks will not
be required to carry reserve against
government deposits secured by govern
n ant bonds.
sS0,oo0Oso FREED.
The Secretary has on deposit with
various banks. scattered throughout the
country from Maine to California and
from New York to New Orleans in round
numbers s1So, 900, ,OOO against which they
have heretofore been compelled to hold
more than $50, coo in gold, or its equiv
aIent. This decision will relieve this re-
serve. and s3o,COo,000 more additional
credit.
The Secretary said he would continue
to make deposit of internal revenue and
miscellaneous receipts-all available for
that purpose-practica4ly half million
per day. as long as the situation re-
auired it, and if banks could not de-
post government bonus, he would accept
the same class Of securities, municipal
bonds etc, as are available by the laws
of the several States for savings banks.
He said he should. of course, determine
each case by itself.
SOS, ,0Oo 600 ON. HAND.
The Secretary said that he has re-
cognized the possibility of present condi-
tions. and therefore as early as last July
commenced printing currency preparatory
to the needs Of the banks, and has on
hand ready to be delivered an aggre-
gate Of about s25, 600 OOO This could be
sent out at the probable rate of $50 900
day, If the banks desire to substitute
the other security above designated for
the consols.
Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1902-09-30
s25, 600. coo ON HAND. z
Richmonder. In New york. E

NEW YORK, September o. Especially
w. w. Johnson, Herald Square: w H
Sa dlersE w. r. White, j. c. Warriner.3
and j. NJ. Fourqurean. St.#Denis: :E. c.
Koller and e. "A. Dietrich. Union Square,!
lSt &C. N. Anderson NavarTo~ II
Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1902-09-30
Captain Willard In Town

Captain Joseph E. Willard. of Fairfax.
Lieutenant-G Governor. and prominently
mentioned as a gubernatorial aspirant,
was in the city yesterday on private busi-
ness.
Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1902-09-30

''In view of the publication in the
afternoon papers connecting my name
with the Office of chief of police, I
think it proper to say that I would
would not abandon my profession to
accept the place. even If it were ten
Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1902-09-30
CALI MONEY Al IS,
NET LOSSES IN. MANY ACTIVE
STOCKS OF 2 TO 10
PER CENT.
GREATEST SUFFERER L. & N.
Disappointment Regarding Dispos1-=
ton of Road the Cause.
THE TREASURY WILL GIVE ADD.
Secretary shaw Says That Hereaf-
ter National Banks Will Not Be
REQUIRED to Garry Reserve Against
Government Deposits Secured by
Government Bonds-Morsan Group
Busy.
disappointment Regarding DISPOSE
ton OF Road the Cause.

NEW YORK. September 2e-secre-
tary of the Treasury Shaw, who was
IN New York tonight, has issued
statement, in which he says that the
banks will hereafter not be required
to carry a reserve against govern
ment deposits secured by government
bonds. This will make available to-
morrow over SIC, ,000, coo.
Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1902-09-30
MEDICAL Opinion Endorsed.

OV1n4U8x 11120UHSCus
In second report, the commissary OF
police endorsed the medical opinion, that
NJ. Zola's death was accidental. and due
to asphyxiation.
DR.. Leyerman. who attended NJ and
Mme- Zola. Is quoted as saying in an in.
teryiew, published this evening. that tha
heating stove was still warm when he
entered the room.
The Prefect Of Paris has ordered the
city architect to examine the bedroom
In which NJ. Zoia died. and issued In
structions that an analysis be made Of
his blood and of the atmosphere In hix
room.
NJ Zo1a had been resting from literary
work since he finished his book called.
THE Truth" which Is being published
serially In the Aurore.
The Butte inter mountain. [volume] (Butte, Mont.) 1901-1912, 1902-05-12
Insurance Companies Small Loss.
(By Associated Press.)

Washington, May 12.-The president,
after conference this morning with
several members of his cabinet has or
dered the war, navy and treasury de-
partments to cooperate in the adoption
of steps for the relief of the Martinique
sufferers.
The state department Is already acting
through its consuls in that section. The
naval transport Dixie will be ready to
sal from the Brooklyn navy yard, for
Martinique on Wednesday.
The revenue cutter service also will
render all possible aid and having at
least two cutters In southern waters, 1t
Is believed they will he ordered at once
to the western islands.
The war department has on hand at
New York large amount of good sup
plies and these will he drawn upon. The
president has prepared message which
will be submitted TO congress today, urg-
ing an immediate appropriation to which
these steps are preliminary and antici-
patory.
Later, by the presidents direction, Or
ders We're teiegraphed to the Dixie to
load the stores which are to be furnished
by the army as rapidly as possible and
The Butte inter mountain. [volume] (Butte, Mont.) 1901-1912, 1902-05-12
RAILROAD OFFICIAL SAYS THAT
HIS COMPANY HAS NO NOTION
OF A LOCKOUT.
COAL FAMINE is NOW FEARED
Companies Say They Will Not Irritate
the Men But If a Fight Is Decided
Upon Ready to Give Them All the
Fight They Desire-Still Some Hope
for Settlement.
(By Associated Press.)


Scranton, Pa. May 12.Presdent
Mitchell of the United Mine Workers,
stated this morning that the tie-up In the
three anthracite districts Is complete
Approximately 100000 men and boys are
idle.
An official of the Delaware, Lacka-
wanna & Western railway said today
that that corporation had no intention Of
resortng to a lockout.
I'VE don't intend to irritatc the men
and the other companies are of the same
mind" he added. "The situation is now
in the hands of the miners. After
Wednesday 1t will be in our hands.
I'VE appreciate the fact that John
Mitchell does not want a strike. Neither
do the companies. While we do not
want a fight we will give the men all
the fight they desire, If they decide that
there Is to be one"
From the same official source comes
the announcement that the Delaware,
Lackawanna & Western company has
stopped selling coal. Not car has been
shipped since Saturday. Any order must
now be approved by the head of the coal
department before beng filled.
The other companies have taken sim
liar action and 1t Is believed coal
famine will speedily result II the sus-
pension is made permanent on Wednes-
day.