davidaulloa/AmericanStories huggingface dataset:
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-10-24
Talking About Cotton.

Writing upon prices and the Cotton
Supply" the American Wool and Cotton
Reporter says:
Until the question of the price of cot
ton is settled, for the coming season al
least, manufacturers will be in constant
state of uncertainty. GuesSeS as to the
size of this seasons cotton crop vary from
a million 10 million and half bales
These gueses more or less reflect the
hopes and wishes of spectators. A big
cotton crop which would enable the price
to be fixed around S12 and cents pound
would clear the atmosphere remarkably
stimulate manufacturers to fill their store
houses and to make contracts for future
delivery with full confidence in their abil
ity to run their plants ON full time and
at profit. as
eff Che demand for cotton goods
throughout the world has get ahead OF
the supply of the raw material, as some
have contended, then high cotton has come
to stay for time, or until ned fields can
be exploited successfully. Cotton, if main
tanned at the prices which have been pre-
vailing, will lead to attempts at its cult
walton in every part of the world where
soil and climate permit OF IL.
THE British government IS malng great
efforts in this direction An association
called the British Cotton Growers Asso
citation was formed last year to promote
the industry of cotton growing. On the
9Th of this month it held a meeting al
Manchester, where samples OF cotton were
exhibited, which had been brown under its
auspices, that ranged from is. led. tc
41Ad. The opinion fas then expressed that
with labor at Cd. day and land costing
nothing. Africa would have a great chance
OF supplying America with cotton, 1t was
stated that the experimental stage had
been passed. and that money had peen
made in growing the cotton ana seeing II
at Manchester. Great confidence was alsc
expressed at the meeting IN the success
of the movement to extend the cotton
growing area of the empire
During the Civil War the price OF cot
ton mounted TO phenomenal prices rang
ing all the way from IL Genus 10 @l'3'
in the early part of 1865. 1T was inc mig,
price that prevailed at that tlrhe' aS wei
as the possible duration OF the Mdl' thd'
permitted the establishment OF cottoh
growing in India on buying odS'o' -
was inferior to American cottoh' Du' ."
that could only be had IN liml,cu qud'it'
ties, manufacturers were only 700 sidu =
accept the India cotton. II 1t hau no, peei
for the impetus given by our l.Vh " ~
to the growth of India cotton our cot'oi
would be selling at higher iisuic 'ia'
it is today. 1t was an absolute NECESSITY
that led manufacturers to seek lnuid q
source of supply, Supplements oy s.o.
city and high prices, and it. will be theS'
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-10-24
DID THEY RAISE IT.
Charlotte News.

Charlotte News.
There is woman who lives near Ma
ron and supports an orphan asylum with
out any visible means. She believes II.
prayer and the superstitlously inclined
are rather afraid of her prayers. She
prayed against a distillery that was about
to open in her neighborhood and it caught
fire the night before. She prayed that
another distillery should not get the Wa
ter for which ii was boring, and 1t had
to go down hundreds and hundreds &c
feet for it, so that the proprletors were
hcred almost to death as well as the we'll.
She had street campaign for prohibl-
ton in Marion, the other day and Marion
voted against her. We should not be
surprised to hear that she had been pray
ing against the town
And that reminds The News OF another
story that we believe has never been II
print for good and sufficient reasons. 1t
was just after the big Dispensary cam
paign in Charlotte, which was transfer
red to Raleigh. After the defeat OF the
measure, three of the most prominent op-
ponents were taken sick, two of them. We
believe, with that most painful ailment,
inflammatory rheumatism. Finally, one
of them sent word to his friend, Or.
Stagg, asking if the preachers would not
raise the quarantine"
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-10-24
CAROLINA RO0rERs ARRIVE.
,tting Begins on the Game Between Carolina
and Georgetown.
Especial to News and Observer

Especial to News and Observer)
Norfolk, Va, Oct. 23.-Tonight on the
eve of the game tomorrow betwecn
Georgetown and Carolina, neither of tie
elevens has arrived here. Georgetown
will GENE tomorrow morning on the Wash
ington steamer and telegram received
says the Carolina boys missed correction
at Goldsboro ard will be here in the
morning.
The night trains brought IN the advance
guard rooters from Carolina who are
quartering at the Monticello. Advance
betting on the game gives odds of ? to
on Georgetown. Carolina rooters say they
will batter this down to even money be
fore the game begins. A great crowd will
see the game. The weather is getting
colder with northwest wind.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-10-24
Origin of the Phase "Watered Stock

To the Editor 1t was published that
at one time MI. Daniel Drew was engas,-
ed in the cattle business. That he would
go through the country and buy stock ana
drive 1t 10 New York and sell. 1t was
said that the day before the stock was
to be weighed he would feed as much
salt to them as possible and the Eext day
before they were weighed he would give
them all the water they would drink,
and thereby added to their weight. The
phrase 'Watered Stock" became by
word among the cattle men.
WALL STREET WATERED STOCK
Within few years past vast num-
Der of Corporations have been organized,
and a conservative banking house in New
York estimates that the unprecedented
amount OF three thousand million (S3,-
100000 OOO Of this watered stock has
been placed on the markets in the shape
OF Bonds Preferred Stock and Common
Stock Taking the prices at which these
Bonds and Stocks sold for in August and
September of 1902 and at which they sold
for in August and September 1908 the
difference as estimated is decline Of
over one thousand million ($1 900, 600, 000l
of dollars. This fearful decline has caus-
many cases of insanity, many cases OF
sorrow and sadness among a vast number
of families in almost every community in
this country.
AN ELASTIC CURRENCY.
] asked our United States Senator what
was all Elastic Currency he replied he
cid not know l asked the same question
OF our member OF Congress, he gave the
same reply.
It is said by those who are advocating
II that 1t Is intended and that it is neccs-
sary for the purpose of moving our crops
OF cotton and grain. This statement is
t&llacious as cotton and grain can move
themselves. The facts are it is proposed
to allow the National banks to issue cir
cuiating notes based upon stocks and
bonds of the various corporations. There
IS no question of it being an elastic cur
rency that it would soon be cut and in
the hands of farmers for the purchase of
their cotton and grain. Now for redemp,
ton OF these notes the basis on which
they are issued is to be paper stocks and
bonds.
Within the last 60 days we have seen
stocks and bonds decline from the price
at which they were selling at a yeal
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-10-24

the Mckinley bill and in making the
Dingley bill, and in both measures tie
Sugar Trust got exactly what it wanted
He is one of the representatives of the
United States Steel Corporation, and Woe
to the Republican member of either
House of Congress who tries to change
the iron and steel schedule. The Beef
Trust, which has been found guilty in the
United States courts of conspiring to raise
the prices of food to the American people
in defiance of the Sherman antitrust law
and enjoined from continuing its eXto--
ton, has friend in Senator Aldrich.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-10-24

two factors that will lead manufacturers
to seek new sources for their supply of
the raw material
"In some particulars perhaps the high
prices to which cotton has been forced
the past season may have a beneficial eff
feet 1t may lead the mani acturing
world to think most seriously m regard
10 the future supply of the staple and OF
their absolute dependence upon the cotton
fields of this country for their raw ma
terial More cotton has got to be had,
and it looks from the size of the largest
crop that the South has yet grown, that
it's limit has been practically reached
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-10-24
oBsERvER SATURDAY, MORNING

Dougherty, TO- j. H. White. 5; A. B
Dawson, 3.
''Mr. Dawson says he could get thou
sand of such men if there were a demand
for them.
"There was considerable indignation
among the colored laborers of this city
yesterday morning, when they learned OF
the arrival of the Portuguese laborers
They didn't see the necessity of import
ing ''furriners'' to take their places. I'm
less the colored folk become more steady
in their work, many more of their places
will be taken by Portuguese or somebody
o1,o -
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-10-24

The State Fair of nineteen hundred and
three is now history-and brilliant history
il is, too. 1t has been in every way
success. The weather has been perfect,
the exhibits numerous and attractive, the
crowds large of the best people in North
Carolina, and nothing has occurred TO
mar the delights and pleasures of the
week.
Under the progressive policy of the
active management of the Fair, it is now
on a sound financial basis and has wealth
cred the storms that once threatened it..
The Society did well to unanimously re-
elect Mr.. Joseph E. Pogue as secretary OF
the Fair. It's success for the past ha!f
dozen years or so has been chiefly due
to him, and he richly deserved the vote
of thanks and appreciation which was so
heartily given to him. AS his right hand
man, Mr.. benson has done well and de-
served the unanimous reelection. The
mantle of his father has fallen on him.
With the splendid record for 1903 let us
all go to work to make the Fair of 1904
far better than this year. Onward and
upward" must be the motto.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-10-24
Spirit of the Press.
NONE BETTER.

Wadesboro Messepger-Intelljgen
The thousands of readers of the Raleigh
News and Observer will be glad to know
that Mr.. Fred. L. Merritt has renewed
his connection with that paper as it's
Washington correspondent. Mr.. Merritt
is one of the best newspaper men the
State has produced, and the News ard
Observer is to be congratulated upon So
curing a writer of his standing to repre-
sent it at the National Capital.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-10-24
WHAT THE REPUBLICAN PART
NEEDS IN NORTH CAROLINA.


Fairbrothers Everything.
The announcement comes from Raleigh
| that the Republicans are going to start
weekly newspaper and pretty soon it
will be made daily, something, we take
| it. like the Washington Post The Re-
pubicans in North Carolina need a paper
about as much as a pig needs wings. Up
| in the mountain districts they need sew
eral papers-papers printed III big type
and which will reproduce the contents of
| the text books used in primary schools.
| And then the Republicans need a leader
some one who will stand up in meeting
and talk for principle instead of pie. The
! Republicans of North Carolina under
skilled leadership have chance to make
| great gains in this State. But instead Of
attempting to play party principle they
get into state squabble over the appoint
ment of a cross roads postmaster. They
| fight like cats and dogs and SO long as
they keep up this kind of disturbance
no self-respecting Democrat is going to
soil his clothes or his hands by mixing IN
the mud.
The Republican party in North Caro-
lima has some good men in its councils
and some able men. AT the same time
the machine part of the party is used for
distribution of pie; the advancement of
favorites and whatever pulls" NAV
available. Raleigh had a Republican pa
per and the result was another tomb
stone. Asheville has just gone out of
the Republican paper business and out
side of the Union Republican at Winston
there is nothing else in sight of that
political persuasion, and now that Raleigh
has a dispensary it would be better TOR
the party to have some of its moonshin-
ers go down to the capital and start a
still.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-10-24
SENATOR ALDRICH, KING OF THE
SENATE.
Les lies Monthly.

LCsllc monthly.
Undoubtedly the most important man in
he Senate IS Senator Nelson w Aldricll.
OF Rhode Island. He represents more
great interests than any other man in
Congress. First Of all, Senator Aldrich
represents more than any other man, in
or out of Congress, the Standard Oil
Company. The term Standard Oil Com
pany here is used TO describe all the en-
terprises in which Mr. John ID. Rookie
feller has united the greatest aggrega-
ton OF capital in the world Senator
Aldrlch Is just now representing the
Standard OIL group and the j. Pierpon.
Morgan group in the proposed currency
legislation. When Congress meets he will
be found III the front rank pressing
through Congress a bill to permit the
temporary imitation Of the currency so it
E1ay meet the demands which may be
made upon it every time the spectators
III Wall Street expand prices
Senator Aldrich also represents the
Sugar Trust. He had hand in making
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-10-24
A MORNING TONIC.
(Thomas Jefferson.)

Yet the day is not far distant when the
races must separate or worse will follow
Nothing is more certainly written in the
book of fate than that these people are
to be free; nor is it less certain that the
two races, equally free, cannot live to-
gether in the same government. Nature,
habit, opinions have drawn indelible lines
of distinction between them
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-10-24

Governor Pennypacker still refuses to
honor the reouisition of the Governor of
Delaware for the surrender of a prisoner
charged with committing an outrage or
a young woman of the latter State. He
pretends to fear he will be mobbed. 1t Is
better for mob to be lawless than for a
Governor to encourage lawlessness by re-
fusing to permit the orderly process Of
trial of men charged with heinous crimes.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-10-24

The News and Observers responsibility
for the weather closed at sunset yester-
day. 1t promised good weather to ali
who attended the Far, but that was
the extent of its obligation.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-10-24

There were fewer Objectionable or
questionable shows at the State Fair this
year than heretofore. Next year there
must not be one. In cases OF doubt, de-
cline admission.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-10-24

old man Barnum was not far wrcng
when he said that 1.-THE people loved to
no bumbugged" A woman in New YORK
sold her farm-all she had--for Sl,5eO,
- o,vo 81 400 to Dowic who will blow
il in. She said: God showed me that Il
was best to dispose of my Farm and send
Mr. Do,sie the money As long as such
IDIOTS live the Dowies will flourish.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-10-24

The Alamance Cleaner contains an ap-
r~eciative tribute to Mrs. Sallie z.
Thompson, the beloved wife of Dr.. J. B.
Thompson, who died in Graham on the
18th.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-10-24

A mass meeting of all church members
and ministers in Yadkin county, has
been called at Yadkinville, October 2Oti:
to organize to secure the enforcement OF
temperance legislation.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-10-24

The Smithfeld Herald notes that M
John Lamb. of Baltimore, has given q
very handsome chandelier to the Episco-
pal church at that place.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-10-24

North Carolinians continue to go to the
front in other States. Rev. w. B. North
now presiding elder in Missouri, has re-
ceived the degree of doctor of divinity.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-10-24

The Danbury Reporter says the Meth.
odists will probably establish an indus
trial school at that place.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-10-24

A finer set of marshals never honored
Raleigh than the splendid men who have
been with us this week.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-10-24
State News.

North Carolina loses one of its best
D.en in the removal of Mr.. James H. Har-
Olsen, of WadesbOro, to oklahoma City,
oklahoma. He will engage in the bank
Ing business in his new home.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-10-24

College professors who make grand
stand plays to the galleries do not win
the plaudits of thoughtful men. The fol-
lowing from the Western Recorder scores
such professors in the right way:
whereas, the time was when college pro-
fessors were men who could teach their
scholars 10 think and to reason accurate
" The time is when those are most in
demand as professors who can say start
ling things, especially about sacred things
and thus get large amount of free ad-
vcrtising for their university
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-10-24

The Monroe Baptists will enlarge and
improve their church at a cost of Sc, 500.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-10-24
ROCK HILL COLLEGE
ELLTCOTT CITY, MD.

ELLTCOTT CITY, MD.
A select Boarding School for Young Men
and Bows.
COURSES: Literary, Scientific and
Commercial.
A thorough preparatory Course for Boys
from the age of twelve years and upwards.
Studies resumed Tuesday, Sept. 8th
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-10-24
Among the Railroads.

With two corps of engineers surveyor
in the vicinity Of Franklin during the
past week it seems that the prospect OF
getting a railroad is pretty good -
Franklin Press.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-10-24

Wrecks on the Southern Railroad are
still of almost daily occurrence and tie
loss of lie from this cause is frightful.
The travelling public and railroad en-
ployes need some protection. No one
believes that the officials wilfully cause
the wrecks; the trouble, it seems to us.
with the roads that are having so many
wrecks is caused by consolidating too
many roads, making thorough supervi-
sion impracticable. At this time the At
lantic Coast Line seems to be the best
managed Of our great Southern systems.
Roanoke ChoWan Times.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-10-24

A correspondent of Wilson Times, under
the Headline "How to Reach Raleigh, "
saws:
"A gentleman yesterday inquired of a
railroad official or one connected with the
Coast Line. how to reach Raleigh, and
his reply was, he could take the GoldsbOrc
shoofy, make connection then with a
mixed train and reach Raleigh sometime
near midnight, or go down on the morning
shoo-f fly at 6 20 and lay over i'll Goldsborc
until near p m, and reach Raleigh at
p. IN. Mob he added that since the
Southern broke up the old schedule his
advice was to take a horse and buggy
leave here at an early breakfast and drive
through, that he would make it quicker
81 thought then, what has become OF
our Railroad Commissioners and what use
were they to our people
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1903-01-13
NEWS IN OUTLINE.

Andrew Carnegie has given $4,000
for a public library at Everett, Wash,
on the usual conditions.
William II. Lewis. Il colOred man.
has been appointed an assistant Unit
ed States attorney for Boston.
King Alfonso will go to Lisbon soon
to return the visit of King Carlos of
Portugal 10 Spain.
Nine GaribaIdi. widow of the Ital-
ian patriot. IS dangerously i'll at Leg
horn. Italy.
James Mahpr. aged 50. is dying at
Toledo. o., as the result of having been
frozen while on a street car.
The two rail mills of the Maryland
Steel company at Sparrows Point. Md,
are closed on account of a lack of coal.
Ambassador Mccormick has present
ed his credentials to the ear at TZars-
kOo-Selo and been received with great
cOrdiality.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1903-01-13
George Fred Williams Reformer.

George Fred Williams, who has just
announced his intention to attempt
reorganization of the democratic par
~ along the lines of popular sover-
eighty, for many years was called
THE sage CT Dedham." 1t was ia this
small Massachusetts town that Mr..
Williams was born. He led sea-far-
ing life in early years. loved athletic
sports. and never let an opportunity
slip to display courage or daring.
Later he studied in various German
universities. He became practi-
toner of law in Boston and achieved
success. He was in the send congress
and fought valiantly for Roger q.
Mills for speaker. He is an enter
tanning speaker and an excellent ra-
contour. He is 81 years of age.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1903-01-13
Natural Product of ImperiaIism

Imperialism had very correct and
fitting illustration in the recent dur
bar" at Delhi, India. The dispatches
with wealth of adiectives and newly
formed descriptive phrases, tell an adj
miring and wondering world of the
"barbaric splendor" seen in that an
cient city during the festivities last
week over the formal proclamation of
Edward VII. of England as emperor
of India. The gaudy trappings of the
Maharajahs and princes of the land
"bIazed with jewels" and the display
of wealth on the part of the pluto
Gratis of that land was magnificent
All this sounds inspiring and surely
is ample evidence that prosperity
abounds. and that the people are rich
and happy. But just a little way back
in the recess of memory is stored a
counter tale. 1t is. of death. We re-
call the days. only "a little while ago.
when the gaunt wolf of famine stalk
ed widely through the land and awoke
"a worlds pity with its piercing cries.
Appeals for aid for the suffering and
starving people were sent to this and
other countries. and generous streams
of food and money flowed into wither-
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1903-01-13
What the Beet Sugar Trust May
ALLOW.

The beet sugar trust is said to have
decided that it will allow the reci-
procity treaty giving a 30 per cent
reduction from the tariff rates on
Cuban sugar to be ratified. This
agrees with a hint dropped some days
ago by Senator Burrows. of Michigan.
But Mr.. OXnard, president of the
trust. warns the president of the Uni
ted States that the bin reducing the
Philippine tariff from 10 to % per
cent of the Dingley rates cannot pass.
The trust has settled that Three
quarters of the way outside of the
constitution is about right for Fill
pino fellow-citizens. Thus the beet
sugar trust DULLES the president and
directs congress to pass this measure
and reject that.
What would happen if congress-a
different congress-should some day
make sugar cheap by removing the
tariff? The New York World answers
this question thus: This baby
which doth protest so much, this
champion spoiled child. would get
along very well indeed. as Mr.. Oxnard
two years ago told investors it could
do without any protection what
ever.
And the people would get along
much better.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1903-01-13

ed India where the rain had ceased to
fall. The people there were helpless
and dying by the tens of thousands.
There was no doubt about the dis
tress.. The dead and dying were every
where. The British government was
not capable of rendering the needed
aid. The blazing jewels" of the ma
harajahs were extinguished-in their
strong boxes.
The kind of prosperity that pre-
walls in India is the product of i'm
perialism. Wealth exists there. but it
is very unequally distributed. Tie rich
are very rich. the poor are very, very
poor. The poor there have been re-
duced to their dire condition by gen
erations of oppression and robbery
first by their native rulers and subse-
.quently by the British. These pictures
of ''barbaric splendor" ana awful pow
.erty are object lessons that should
be conned by those who are indiffer-
ent as 10 the damages of Imperialism.