The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-02-07

Mr.. H. G. Chatham, president of the
North Carolina Railroad, who has been
in Raleigh in the interest of a bill au-
thorizing Elkin to issue $10 900 of bonds
for improving the streets, has returned
home. MIR. Chatham says that at mass
meeting held in Elkin resolutions in ia
vor of the passage of the London bill
We're adopted.
prominent citizen of Statesville, in
conversation with The Landmark a few
days ago. suggested that inasmuch as
the State. the counties and the towns
were all casting about for additional
sources of revenue, the Legislature
should levy a tax on investments in life
insurance, just as other investments are
taxed. Much money is invested and more
is being invested daily in life insurance
policies and the gentleman named in
sists that this form of investment should
be taxed Just as bank stock and other
holdings of like kind are taxed. The idea
is a new one but OH the face of ii there
is no apparent reason why this tax
should not be levied, and We pass the
idea to the Finance Committee of the
Legislature -Statesville Landmark.
dispensary has proven a great i'm
rrovement to the open saloon in many
ways. Now that the liquor traffic is
bone of contention let the people of the
town unite in an effort to have a town
dispensary and divide the proceeds be-
tween the town of Littleton and Warren
and Halifax counties Then many of the
now much needed improvements in the
town can be had.-Littleton News Re
porter.
The following is Governor AycoCk' s
messae to the General Assembly yester-
day regarding the appropriation asked
for by the University of North Carolina:
1.-THE Honorable, the General Assembly:
At a meeting of the Board of Trustees of
the University of North Carolina held on
Thursday, January 29th, 1903, it was re-
solved that the report of President r. p.
Venable showing a present need at the
University of an appropriation of thirty
five thousand 1885 ,O0O) dollars be adopt
ed, and that the Governor be requested
to communicate this resolution to the
General Assembly.
Il call the attention of your honora bic
of President Venable showing the neces
sty for the appropriation. Twenty five
thousand C$25,000) dollars is imperatively
needed for the erection of a chemical
labora tory. Five thousand $4,000 dollars
is necessary for the purchase and install
lation of physical and electrical apparat-
us, and the other five thousand $4,000
dollars is needed for the purpose set out
in said report
81 commend the resolution of the Board
of Trustees to your careful cOnsidera-
ton"
Mr. A. J. Maxwell Chief Clerk of the
Senate writing to his paper, the Anglo
Saxon says There are some dis
tinguishing features of this Legislature.
The most notable is the predominance
Of the young men. But there is an
abundance of good talent, good sense and
experience. 1t is made up more largely
of men of political faith than any
which has assembled since the walf
There was something said few days
ago about its being drunk with power.
But nothing could be said which was
further from the truth. It's conservatism
is most notable. Instead of being drunk
with power it rather appears to have
been sobered by sense of its power.
This is always true of sensible men
when entrusted with authority.
A bill has been introduced along the
line The Chronicle has advocated for
some time, to disfranchise any one who
buys or sells or offers to sell his vote
We can't have proper elections till some
such law is passed and strictly exc
Cuted.-Wilkesboro Chronicle.
The present General Assembly of North
Carolina seems inclined to put railroad
companies to thinking a bit. 1t is likely
the red tape will be torn from the
process of shippers getting back over
charges on freight. Express, telegraph
and telephone companies will share in
this act.-Alexander Scout.
The following is the full text of Mr..
Murphey's compromise liquor bill, intro
duced yesterday in the House
The General Assembly of North Caro-
lima do enact:
Section 1. That nothing in this act shall
be construed to repeal or invalidate any
prOnlDlIOry OF QlSpenSdry law now IN
force by the vote or consent of the peo-
pie in any county, city, town or township
in North Carolina.
Sec. 2. That all liquors or mixtures
thereof by whatever name called that
will produce intoxication shall be con-
sidered and held to be intoxicating Ii
ouors within the meaning of this act
Sec. g. That this act shall not be con-
strued to forbid the sale of spirituous
vinous or malt liquors by a druggist for
sickness, upon the written prescription of
regular practicing physician licensed
by the Medical Society of North Caro-
lima, and having such person under
charge; and druggists shall keep a record
of all sales thus made, subject to the
inspection of any officer whose duty it
may be to investigate regulations of the
kind; and any druggist falling to keep
such record or refusing the inspection
thereof by any proper person or officer
shall be guilty of misdemeanor.
Sec. 4. That any druggist who shall
more than once fill the prescription men
toned in the preceding section of this act
without each time receiving anew the