The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1903-09-24
GORMAN NEWS BUREAU.

RALEIGH, y. T., Sept. u, 1913.
One OF the most important events Of
the current week will be the meeting
next Thursday, Sept. 9th, OF the direc-
tors of the Atlantic & North Carolina
Railroad, to consider new proposition
for the lease of that property, in which
the State owns d twO-tllirds interest.
The new offer, which has been filed
with the Governor, is made by Messrs.
". W. Mills and associates, representing
a railroad company-the same parties
whose former proposition was recently
declined. The full terms OF the new offer
will not be made public in advance CT
the meeting, but Mr.. Mills states that
instead of a fat rate OF 2lAs per cent. for
the entire term Of the lease go years.
they now offer 3 10 per cent-two per
cent for the first fifteen years, three per
cent for the second fifteen years and four
per cent for the last twenty years. Also
that the lessee company shall construct
at least fifty miles of additional road
West of Goldsboro, which shall become
the property of the State at the end OF
the lease-the holders OF private stock
sharing prOpOrtiOnately therein, as at
present, | presume.
This is a much better offer than the
first one, and there are those who think
it ought to be accepted. The directors,
representing the private shareholders OF
one-third of the stock OF the company,
are said to share this view. But the re-
suit will depend upon the opinion and
action of the States directors, and they
will probably be Influenced considerably
by the report which President J. \.
Bryan will make to them next Thursday,
which is to be full presentation of the
condition and needs of the road.
Four weeks hence and the great State
Fair, in which SO many OF our people all
over the State are interested, will be in
full blast. The newly appointed Chief
Marshal, Hon. George Morton, of Will
mington, spent some time here last week
in consultation with other officials OF the
Fair, and will announce his list OF as
sistants soon. In the meantime Secre-
tary Pogue continues to book attrac-
tons and exhibits at rapid rate. In
addition to the usual midway shows
and the free shows paid by the Fair
management, he may also secure one OF
the largest carnival companies. IEpoint
of character and volume of exhibits, races,
attractions of all kinds and crowds OF
visitors, he expects this Fair to break all
records.
The big Masonic Fair, which begins
October 18th and lasts all through State
Fair week, is also materializing rapidly
and will be the biggest thing OF the kind
ever held in North Carolina. Grand Sec
rotary Drewry particularly requests that
all MasOns to whom he mailed donation
pledge cards some time ago will please
fill them out and return to him, or let
him hear from them on the subject at
once. This is important and there is no
time to lose All NasOns should give
something
1t develops that many people, especial
| ~ in the country. are under the impress
| sion that the new game law, passed by
| the legislature, prohibits the selling of
| cartridges by farmers and others. This
is not so, provided the birds are sold in
| this State.
Gen. John B. Gordon, OF Georgia com
| lnander of the United Confederate Neter-
ans, will be here at the big reunion of
| Confederate soldiers Fair week. On
| Wednesday, Oct. u, he and Gen. Julian
| S. Carr, State Commander, will lead the
parade, assisted by Gen Matt Ransom,
Gen. W. +. Cox and Gen. W. 2. Roberts
| Gen. Gordon will review the veterans on
! the Fair grounds and make an address
to them and at night he will deliver his
| famous duuIeSS, lie Last Days Oh IHe
| COnfederacy."
| The enrolment of students at Trinity
College and Trinity Park High School is
now the largest in it's history, over 400.
There is an increase of % per cent. of
new students at Trinity College, and last
| years students have returned in larger
numbers than ever beforehand this in
crease is maintained notwithstanding
the fact that the graduating class last
June was the largest in the history OF
the college. The third observance OF
"Benefactor's Day" will take place Oct.
3, and Bishop Hoss, of Tennessee, deliver
the address,
Tell your cOttOn-grOwing farmer read
ers that the best informed farmers, like
Mr.. Ashley Horne, of Clayton, advises
them not to be too precipitate in rushing
their cotton to market That it is
probably all right to sell as long as they
can get ten cents Or more, but when the
market drops below ten cents they
should call a halt at once and wait until
1T again takes an upward tendency
| which it will be sure to do. 1t is already
pretty well ascertained that the crop
this year will not exceed and may fall
short of eleven million bales. The pro
ductiOn will therefore fall short of the
demand-the consumption calling fOl
eleven and..a half to twelve million bales
and the cOttOn-grOWer who sells q
pound of good cotton this year for less
than ten cents will cheat himself by the
| transaction. LLEWNAM