davidaulloa/AmericanStories huggingface dataset:
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-04-08

There was net increase of five Ma
tional banks, no failure, and an in
crease of capital and surplus of some
thing over $780, 600.
was anxious to furnish some figures as
to the growth of banks under the control
of the State, and l wrote for information
to the Corporation Commission, but it
failed me. / find that the aggregate CAPT
tai stock and surplus of our State, Saw
ings and Private banks is only about
$400000 less than that of the National
banks, and by reason of the liberties en-
joyed by them under the State regula-
tions / feel sure their profits last year
were as large if not larger than those Of
the National banks.
The total banking capital and surplus
of all the banks in the State aggregate
about $S000,000 and when it is known
this amount is distributed among nearly
$50 banks, and actively at work under the
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-04-08

direction and control of men whose
schooling and qualifications have herein
before been referred to, our good old State
need not fear that her wealth is being
corralled in the hands of the few. 1t is
furnishing pap to the many infant in
dustries recently born, and in the agricul-
tural sections supplying the farmer with
money with which to buy his supplies at
cash prices, and the merchant the where
withal to discount his bills.
The North Carolina banks are thor
oughly committed to every healthy move
ment which will advance the credit and
character of the State and its people,
and they have the right to enjoy kindly
treatment, the politician from No. 56
Township and criminally ignorant theo-
rists to the contrary Notwithstanding.
JOHN +. BRUTON.
Wilson N c. ApriI 3
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-04-08
C. w. STANTON g. CO., Proprietors

the fallacious notion that banks accumu-
late their largest dividends during periods
of business depression. 1t is pleasing to
note, however, that this erroneous con-
ception of the banking business is not so
often voiced as formerly. The days of the
note shaver" yclepe1 banker, have
passed; the people are beginning to learn
that banks are intended for their accom-
mediation and protection. The spirit which
was rampant in the days of Populism, and
somewhat in evidence early in 1901-that
of pulling the most available leg-is some
what weakening under the quiet and pa
tient workings of truth and honesty
alive. though quiescent at times in the
hearts Of the people.
Great effort is being expended by the
bankers of the State in overcoming the
ignorance of the people concerning banks,
and as they learn in opposition to their
first impressions that they have near
them a positive convenience which should
be nourshed instead of crushed, whether
by unjust tax laws or by the dynamite
Of the burglar synonymous terms), they
are beginning to declare themselves, and
| rejoice that | can record the existence
Of q conservative, healthy movement in
favor of fair and even justice. Bankers
have no place in active politics, but
straightforward talk, and a reasonable
activity in securing the nomination and
election to office of fair-minded men de-
void of the agragrian spirit are becoming
in all good citizens, and bank men may
here be classed as good citizens, although
many of them, will hereafter, / am in
formed, vote for the best candidate as
they see it regardless of party lines.
The growth of banks in the State, Ma
tional. State, Savings and private, during
1901. was in advance Of any year for
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-04-08

President North Carolina State Bankers
Association.
fdence of his customers, he knows more
and is therefore in a better position to
Judge and act than the average business
man.
The new industrial movement in our
State asserted itself wonderfully in 1901;
prosperity smiled upon our business en-
terprises, and not the least upon our
banking institutions, thus contradicting
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-04-08

1t is easy to multiply these instances,
but the foregoing are family suggestive
Of the real experience of the North Caro-
lima banker Constantly tried as by fire
he becomes schOoled against chatting on
account of being misunderstood by un-
reasoning and unreasonable people, but
he is nevertheless quickened to the per-
Torrance of his whole duty to the COM
munty; and enjoying as he does the con-
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-04-08

has been thoroughly nd mnnad is
Newly
to he its my will delight
New-York tribune., 1902-10-01
COAL STRIKE RUMORS.

RumOrs concerning the coal strike multiply
daily in numbers and variety. and will doubt
less continue 10 do so that unhappy conflict
grows more intense and strains itself TO the
breaking point. Some of these are sheer inven-
tion. while some-nOt the most sensatiOnal-are
probably true. Foremost among tO-days re-
ports is of a conference al Washington yes
terday, I'm which the President. several Cabinet
officers and the Governor OF Massachusetts took
part. While IL will be well not 10 base too san
gune expectations upon the outcome OF that or
OF any other conference. II is gratifying and in
a measure reassuriDg 10 see such attention paid
20 the matter by high officers Of State. How
ever much the mining Of coal may be a private
business. IL is one in which the public is univer
sally interested. and the present disturbance OF
Il Is something directly concerning not only the
comfort and convenience hut the Industrial
pro-. -ity and the health OF millions OF Ameri-
rs- Gus. Such a matter is proper subject
g slusideration of the President and of
eTsi, thoughtful citizen in the land
Other reports abound-that the operators are
on the point of yielding: that the strikers are
giving up the fight; that the independent oper-
ators are about 20 act upon their own account
apart from the railroads: that the dispute Is 10
De submitted 20 arbitration. and what not Such
the face Of them most of them must be false
When something Of real moment does occur Il
will he known pretty promptly. on indubitable
authority. Meantime. men will do we'll to wait
and watch for things 10 be done rather than for
things 10 be said. The strike has now appar-
entity reached a point where deeds rather than
words are required for the settlement OF il.
Foremost among the deeds Of which we shall
hope 10 hear positive reports daily may be
named the suppression OF crime and the main
tenance OF order and Of the freedom 10 work In
the coal regions. The catalogue OF crimes al
ready committed there Is an appalling one
murders arson. train wrecking. dynamite eX-
plosions and all that ruthless seOundrels can do
10 injure and terTOriZe their fellow men, Re
ports of these things have not been mere rumOrs.
They have been true. Now that the Governor
OF Pennsylvania has been reused 10 more de-
eisive action. we shall hope to hear equally posi-
tive news Of efficient enforcement of the law
That is the one thing supremely needful. If the
strikers can win without breaking the law they
have a right 20 win. If they cannot win with
out breaking the law. they have no right 10 win.
And the same rule applies 10 the operators.
The majesty of the law must be paramount.
New-York tribune., 1902-10-01
4 RIVAL TO PANAMA.

The rews Of the tidal wave az Salina Cruz
should serve 10 ColOmbians. and especially 20
those Of Panama. as a reminder Of dangerous
rivalry, and as an incentive 90 good behavior.
The travel across the isthmus has for half
century been Of incalculable value 70 Colombia.
II was largely for the sake Of promoting il and
Of thus securing the benefits which would ac-
crue therefrom that New-Granada made with
the United States the treaty OF 1886. placing the
isthmus practically under United States protee-
tion. The earnest desire and strenuous efforts
Of Colombia 10 have a ship canal cut az Panama
are well remembered. and are further indica-
tionS Of that republics appreciation OF the
value Of isthmian traffic. Thus far the lsthmus
of Panama has had no serious rival except In
expectation. aud the expectations Of Nicaragua
seem now I'm danger Of eclipse. The canal,
however. wherever II NAV be- is still far In the
future. For the present, and for years 10 come,
traffic across the isthmus will be conducted by
rail- That a powerful rival for such traffic now
menaces the Panama Railroad is a fact which
Colombia will do well 10 heed.
The rival is the railroad across the Isthmus of
Tehuantepec in Mexico. That railroad was
first undertaken by the builder Of the DelagOa
Bay railroad. II was finished seven years ago,
hut amounted 20 little because Of lack of har-
bOrs II ran from nowhere 10 nowhere But
now Sir Weetman Pearson has practically COM
pleted. az a cost of S30.Ooooo0. a fine, deep
water artificial harbor at each terminus.
Earthquake and tidal wave have Just done much
damage M the Pacific end OF the line. estimated
In cash at 100000; but the substantial In
tegrity Of the work is probably not impaired.
and We may expect soon 20 see the damage re-
paired and the whole great work put into prac-
teal use That will mean composition which
tie Panama route will not find II easy 10 meet.
Tehuantepec has the advantage OF Offering
much the shorter route between the chief ports
east and west. Thus between New-YOrk and
San Francisco IL Is the shorter by nearly twelve
hundred miles, between New-York and Homo
lulu by almost as much, between New lOrl and
Hong Kong by more than one thousand miles.
between New-YOrk and Yokohama by twelve
hundred miles. and even between New-YOrlE
aud Melbourne by more than four hundred
miles. still greater Is the advantage 81 Te-
huantepee for New-orleans commerce shorten
ING the distance 10 Acapulco or Mazatlan ly
more than eighteen hundred miles as compared
with Panama
IN the face OF such rivalry. Colombia viii DO
Nel 70 seep the peace and maintain order on
New-York tribune., 1902-10-01
About People and Social Incidem.
MISS ALICE HAY MARRIED.
lpr rrLEeR.pH TO THE rnIsuxB.I


Concord. y. r.. Sept. ao.-At The Feiis the sum
mer home OF the Secretary Of State. on Lake suna-
pee, Miss Alice Hay, youngest daughter or MI anu
Mrs. Hay. was married this afternoon 10 JAMES w
Wadsworth. jr.. OF Representative ana Si'''
Wadsworth OF Geneseo. ~. Y. The ceremony was
performed 1:3O o'clock In the large haii or lhe
Fells by the Rev Dr. Fl. c. Hayden, pastor OF tnS
Stone Memorial Church in Cleveland. Onio' VINO
offciated at the wedding Of Mr.. and Mrs ray, anu
also OF their elder daughter. Helen. ana fayhs
Whitney
The hall of The FelIs was banked In green ana
white crown Of chrysanthemums, from ~hich
hung the interviewer initials III and w was
suspended above the bridal party. Miss Ray was
given away by her father. Her maid or honor was
Miss Daisy Wilson. OF Washington. and the Driue7-
maids Miss Harriet Wadsworth. OF Geneseo'
a sister OF the bridegroom: Miss Evelyn Futhsey'
Of Buffalo; Miss Ruth Pruyn and MISS HertIu"e
Sard, OF Albany; Miss Ethel Greenouen' OF CIeVe-
land; Miss Catherine Eddy. OF Chicago MISS
Frances Griscom and Miss Lily Rhodes OF Fhi'a-
dephia The bride wore a gown of white lace over
white satin. and tulle veil; her bouquet was OF
hlies-of- -the-vaIey and orange blossoms Inc
bridesmaids were gowned In white Houssehhe ue
Sole with pink sashss and pink bows IN the hal'
The dress Of the maid of honor was the same as
that Of the bridesmaids but the sash and bows
were blue. Frederic Kernochan, OF New-forK' was
the best and the qshers were SaIshcs ,asS sy:
Hale ir 81 fof fIlsvorth Me- r. G. Hinsdaie Of
Pittsfeid. Mass; Gouverneur Morris OF New-York;
South Ms MsncSester' q n H.: Forsythe Wickes. OF
NeW-YoTk. and Payne Whitney. -,
Among the guests were Or. and Mrs. K n
Derby NJ and Mrs r. L.. McDuffe, Mr.. and Mrs.
W. O. Duer. Mr.. and Mrs. Whiteiaw Reid. Miss Miss
Susan Travers and I. VI. Robertson, OF New, orki
Senator and Mrs. Henry Cabot Lodge, Henry
White, Secretary of the American Embassy Lon
worth. Mr.. and Mrs. Augustus ST. Gaudens and
Miss EVarts of Windsor, VT; Mr.. and Mrs. w. j.
Boardman Miss BOardman and Miss Edith Sanger,
OF Washington: Mr. and Mrs. George r. Fearing.
Miss Constance Mather. Mr.. and Mrs s. A. Ray
mOnd and Miss Raymond, OF Cleveland; Miss
Hetty Sargent and Joseph Warren. or Boston.
and Derby harrington. OF Lowell, Mass.
Mr. and Mrs Wadsworth and the wedding party
took special train for this city, leaving here on
regular trains for Boston and NeW-York
New-York tribune., 1902-10-01
CoROyERS.

The system of extravagantly paid coroners.
with EXPENSIVE stats of deputies and assistants
and secretaries aud other employees, fastens
heavy burdens upon the taxpayers IN every
county of this State But the results achi 'ed
nv inauests and juries are less satisfa' Jry
than those obtained by the cheaper and more
efficient organizations of medical examiners In
New-England commonwealths and In other
parts of the United States. Coroners lag super
huous. And they cost too much When HAM
LEI. Prince of Denmark. leaped into the grave
of Ophelia al Elsinore 'crowners quest law"
was already subject of general ridieule and
contempt. And that was some time ago.
We are in the hurrying. impulsive, impetuous
twentieth century now. There We're no coal
strikes or railroad mergers or international to-
baeco combinations in the days OF HoratiO and
PoIonius. Of Laertes and Fortinbras; and IL is
not easy OF explanation why coroners, legacies
of the Dark Ages. have been permitted 10 sur
vive until to-day.
New-York tribune., 1902-10-01
Amusemeun.

ACADEMY or MUsIc-2-SIS-Rohin Hood.
AMERICAN 1iEATRE-o-ss slS-Sapho
hkL-kcNo rHfATRE-S-nu
fiJoI .1t-Hearts Arame.
BROADWAY ThEATRE-2-s-Sally On our AiieN
CkSINo-e.fk-A Fl Chinese Honeymoon.
CIRCLE ATDInORIUN-ssSo- sSo-Kaltenoorn Noncerts
CRITERION IHEAT'RE-S-fris.
DALN'S THEATRE-2-S-A Country Girl
EBicN MuSFE-2-S-Ths Nort On Ma -,
EAflRE THEATRE o-S .2o-The Mummy ana the
huumlnE BIRD
FOURTEENTH STREET THEATRE-s-Rohert Emulet
cARFIcK THsATPr- 2.is-s There's Many a saP.
GARDEN THEA riSf-s .lS-Aunt Jcannie-
HARLEM OPERA 0uSE-s AZ NoSrs Dane. a.. -,
HERALD SQUARE TIfEATRE-Sib-1he Emerald lste-
kEIrH's-l0sS0 a m 20 1870 q m.-cctnuous Per
ers Harvard
MADISON SQUARE THEATRES .2a-Ths Two Schools
NANHATTAN THEATRB-s;2O-A Ross q Plymouth
MURRAY HIII. THEATRE-2-s-A Rhg BABY.
NfM SAVOY TftEATRE-2.ls .ls-S ;iS-Solders of Fortune
PASTOR S-Continuous lerforma
fffnf-fOR'S Continuous Performance.
VICTORIA THEATRE .1S-Iolly Warden.
WAlLAcKs THEA TIRE 80 no Mrs JACK
New-York tribune., 1902-10-01
IN THE BERKsHrREs
fsY TELEGRAPH TO THE rrrsuxs. !

Lenox. Mass. Sept. % Il. stlllnoa.
Misses stillmsn. OF New-Y1sk have arr,vss ,"a tas
Hotel AspinwsII Mr. stinrsan was a forms. a' 'he
cOttager.. -enox
Mr.. and Mrs IT. X. Bloodgood ana ,.,.,-
have been az their country place in Crea, 5s sno
ton. have gone TO New-YOrk. Mr. Bloodvao, 'ns-
return later for the fall shooting 70
Mr.. and Mrs. Samuel c. Ward az W.,
nave taken lease Of the Henry Rishon oos."soA.
Mary Golden Tracy. OF New-York assis,ot se.
Bohemian barytone, Borgea Oulmroe ,s a,s ~ 'ne
series OF rectals in the LenOx cottages "s a
MISS sarah Peters has returned from, a r..
trip OF several months and Is at her home 4, c-
Barripgton. '''0 IA Great
MT. ana Mrs. Arthur b. Isle OF Provid.-..
naAlhs driving trip through the Berksbir, "a, are
AIs Harry Payne Whitney and Nisg r'l l.s
0 ~ mnl'tssys .y VINO have been visiting I'm IoDo, my
SLY " tne W nitney estate on October 49, 1aye
- :, anu hIS. H >. Manning Anos 1V an
Aspinwall ~ AoiA' are az the Hotel
Or Henry G. Haven. ore OF tho ,..,,-
oa StOckbridge, is critically I'M AZ bis cot
i tiiaNeh rs president OF tire village s,C, nome
PsrritnilJnt Prithst member of the golf club 'y and a
of NJ me- s.lamowski OF boston vho q. . -
~ 'ar. ana Mrs. Richard g. Djxev H. -, ia y, guest
cisdi IN the Curtis Hotel on the SfL " 9" give re-
Miss Adele kneeand OF New Vo-1.
IdfBe party at dinner this avonf,[ =. entertained
place. Fairawn ~ ''e'i'"s az ner country
s,i SlIi ana Mrs Charles p Williams and 81,
tbs Hotel ''''' evening az the Cur.
New-York tribune., 1902-10-01
USING OIL INSTEAp OF COAL

What is probably the most serious question 10
De considered In relation 10 the use of hqud
fuel Is the necessity for properly storing H.
The cost OF a suitable burner Is trifing The
installation Of tanks and pipes and pumps is
more expensive. Moreover attention must be
given 20 the requirements OF the Insurance con,-
panies and municipalities These compel uro
Driet0rs 20 place Jheir reservoirs m a certain
distance from the boilers, and in an independent
building. In the heart of a big and denscIv
populated city, whore the price OF land is high
such a regulation is practically prohbtive
Some modification Of this policy may be deemed
eNpedient by the city authorities and under
writers. but complete abolition OF the safe
guard IL not 20 bee expected. In the outskirts of
a big city, however, and in small towns. where
many OF the largest industrial establishments
are situated, less embarrassment Is likely 10 be
experienced. II a separate building is wanted
for storage tanks land can be bought M low
prices and conformity with law viii prove easy
Perhaps no great interval OF space Will De
needed between the main factory and the source
OF supply. Some consumers Of fuel are much
more favOrahly placed IN this respect than
othors The former class Is undoubtedly numer-
Gus enough 20 create steadily Increasing can
for oil. Obviously, the sooner the subject Is In
vestieated. and the demand made manifest. the
more prompt will he the response from the pro-
ducers.
Supply just now appears 20 be mainly Ques.
ton Of transportation from Texas To bring
the product OF the Beaumont wells 20 the me-
tropolis by rail Is out OF the question IN must
be shipped by water. and in sufficient quantities
10 make IL pay. A number of steamships are
now being equipped for that service. and within
the next few weeks regular trafic NAV he
confidently expected. The navigation of Sabine
Lake Is beset with some difficulties al present
bur these Will disappear in time. Vessels viii
then be able 10 take on larger cargOes m the
termini Of the pipe lines than has been possible
hitherto. The essential thing. though. Is 10 m
enough ships for the work, and this business is
now being pushed with energy n the federal
statutes permitted the employment Of foreign
bottoms In the coasting trade of the United
Sfates q dozen tank steamships could probably
be ch2T1eFed Immediately In British ports How
ever. the delay In providing adequate facilities
on tins side Of the Atlantic Is only temporary
matter. II viii probably not DE long before all
~ more than all the oil which rs wanted IN and
New-York tribune., 1902-10-01
around New-York City can be had on a days

around New-York City can be had on a days
notice.
What is ultimately 10 he the price OF Texas
oil here, of course no one can say. Some OF the
most enthusiastic representatives Of the newly
opened fields promise IL az as cents a barrel
They hope TO buy IL on the spot for 80 cents. and
secure its transportation for 80 cents more. But
that sort Of talk deals with the future. not the
present. IL is hard 90 make definite contract
to-day for less than % cents or 81 O5 barrel.
one of the Texas companies invites business on
that hasis- Another. which expects 10 engage
actively In transportation. has formed an ALI
ance with the Standard OF Company. whose
quotations are appreciahly higher. Since from
three % four barrels are required 10 furnish the
same heat as a ton Of coal. every one can figure
out for himself how much ne win save by
adopting liquid fuel. IL is injudicious 10 count
on OF costing much less than 81 a barrel for
several months 20 come. but the hest way 10
promote reduction IN price is 10 stimulate the
trade until adequate transportation facilities
are furnished. Sooner or later the present
scarcity Of coal VIII abate. II Is wholly improh
able that the fancy prices now prevailing will
he maintained all winter. But there Is no as
suranee that they win get back 10 the old level
for months after they have begun 10 drop II
this uncertainty which makes the study OF thr
possibilities Of oil for fuel peculiarly inter
pStinn
New-York tribune., 1902-10-01
TRANSATLANTIC TRAVELLERS.

Among the passengers sailing to-day on the Sc.
Louis. for Southampton. are:
The Rev. and Mrs William Mr. and Mrs. Henry sslls-.
Captain Paul Boyton Miss Rhoda seTgman.
Mrs. j. r. Droulard and Master Walter Seligman-
Lieutenant DrOu!lard. H. ID. Stickney.
Miss Gladys Seligman. Miss A. l. Stickney.
Among those who arrived yesterday on the Kaise
Wilhelm der Crosse were:
Gouverneur Ssank Brown. Charles A. stoddard.
Professor L. A. Briggs. Howard 3. stanton
II. II. Bridgman. Professor 5 ). Sanford.
Edwin j. de Coppet. = n. Southwck
Charles A. Conklin. W. Spalding
D. Paul 3. ConSling. Judge W G. Wyly
William Nelson Cromwell. E. Randolph williams
l. De iS:a'' Jongs Sir and Mrs D Carnegie
Charles W. Field. DorOthea Draper.
Dr. John W. Farlow j. G. Herbert
Clinton Gage. Andrew Lohr.
Henry P. James C. Perkins
c. L. Painter Mr. and Mrs. c. r. pie'e-
Henry Phipps
Hugo Hugo Reisnser Mt and Mrs. J. Ogden HOr-
{. " II steinSsy Mr. and Mrs. Hermann
George 8 scott Mrs Frank Tilford
Among those who arrived yesterday on the
Blucher were;
NJ o. AIexahder. J. NJ Lonshead
William G. Bumsted. charles n Pgnks't
J.. NJ BonsalI 2. p. REYNOLDS
DR. stanton Colt Charles W Russell
Tohn A Elliott Emil Unger
IN n. Hutchins DIT Samuel Upjohn.
John WaTne Herbert W. H. N Noss
William n Klee
Among the passengers who arrived last night on
the Friedrich der Crosse from Bremen ana sou'a-
ampton, we're:
IL Gardiner r. Sterling.
% II N Gillespie Andrew A. smith -.
Professor Dr. II. v. Hill Prince Pierre Irouos'AA''
IlOvd Alexander q. White
j. NJ I0ckhart Harold 81. Wilson
j. H. Marshins.