davidaulloa/AmericanStories huggingface dataset:
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-08-08
Mr.. Schwab's Retirement.
springfield Republican,

The resignation of Charles NJ. Schwab,
president of the United States steel cor
poration, closes the first chapter in the
story OF that gigantic combination OF cap
ital. 1t is signalzed in the stock mar
ket by renewed liquidation, especially in
the shares of the great trust which, I'M
der the Schwab regime, have gone down
from 4624 and 9724 to 81 is and 50, re-
spectively, for the common and preferred
But why any such tribute should be be-
slowed upon him, as a further fall of
estimated value on his going out, is a
mystery.
Mr.. Schwab, however, exemplifies and
calls attention to the weaknesses OF tins
mammoth concern. He has himself great
ly inflated along with the trust Mr. Car
negie compelled the trust to buy him at
an excessive valuation, as he compelled
the trust to buy the other Carnegie prop
critics at an excessive valuation. Mr.
Schwab is not known to have been cap
italized into the trust at an absurd value,
as were the other parts OF the Carnegie
plant though of this there might seem to
be some doubt in view of the large hold
ings of stock in the trust which apparently
ne became possessed of but he was in
vested with a reputation of great import
ance, given salary ranging all the way
from 500, 900 to $1,000, 900 a year, accord
ing to report. and set upon a pedestal for
the worship of an age of trust plundering
and creating multi-millionaires while you
wait.
Whether the worship or the position in
itself was too much for Mr.. Schwab we
may never know. But one or the other
certainly proved to be more than he could
stand. His every movement was publicly
chronicled, until even an age OF devotion
to such gods became utterly weary of his
vacations, his nervous prostratlons, his
goings and comings and the daily guesses
as to his precise whereabouts. The Presl
dent of the United States never received
more minute and detailed public attention
than this president of a corporation whose
gross revenue equaled that of the United
States government. His journeys to Eu-
rope were a triumphal march, with kings
and emperors seeking the honor of his at
tention But training in such greatness
was lacking, and through it all there were
shown the unschooled mind and undis-
ciplined character which, in their poverty
of resources, could find diversion only
in gambling at Monte Carlo in garish dis
plays of unlimited wealth. and the appar-
ent counting of publicity which he re-
ceived to the utmost.
But the great steel trust, while possibly
formed for the partial purpose of creating
offhand a considerable number of million
aires and millionaire fortunes, had yet in
vited widespread investment and stood
forth in the character of sober, money
making enterprise, appealing to the con-
servative investment sense of the country
and accordingly the accounts of Mr..
Schwab's vacation doings in Europe con-
veyed shock to home financial circles as
affecting the character of the great cor
operation itself. There can be little ques-
ton that he was sharply taken in hand
| for his extravagant conduct by those hay
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-08-08
Like Joe, They Must Move On .
columbia STATED

There isn't any use for them to knock
at the door any more, we will not let
them in Such is the declaration of Mr.
L. j. Williams in regard to the petition
of a North Carolina distiller to move his
plant over into South Carolina. The pc
tition was turned down and the board
means for its action to be taken as a pre-
cedent
When the Watts law went into effect
in North Carolina on the first of July, it
legislated out of business a number Of
people who were conducting distilleries in
Western North Carolina. One of these
men, H. c. Morgan, through his attorney,
Mr.. r. K. Carson, presented to the State
board a petition to allow him to estab-
lsh a distillery at Landrum, at point
which is said to be just within the South
Carolina border from Morgans former
still in North Carolina.
The board, while declaring It's sympa-
thy with the establishment of new indus
tries, looked upon this matter with dis
favor.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-08-08
Order by Judge Boyd in Fond Case
Especial to News and Observer

Especial to News and Observer
Greensboro. N. c., Aug. 7.--U. S. Court
Judge Boyd today signed orders in the
Wilkes and Stanly county bond cases, and
directed Clement Manly, standing master
in chancery, to take an account OF the out
standing bonds with interest due in each
case, and of the expenses incident to the
litigation with a view to directing a DIS
tribution of the funds in the hands OF the
receiver.
The Southside Hose Company OF Green's
boro will carry next week to the FIRE
mems Tournament at Durham the golden
championship belt, in every link OF which
is engraved the name of the company
last holding it. In the last three links ap-
pears the name of the Southslde Hose
Company, the last date being Charlotte,
July 26, 1901.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-08-08
Spirit of the Press.
PRODUCER AND CONSUMER AT
MERCY OF TRUST.

PRODUCER AND CONSUMER AT
MERCY OF TRUST.
Norfolk Pilot-Virginian.
The Tobacco Trust has the producer at
its mercy even more absolutely than the
consumer The latter is not bound to
buy but the former is bound to sell. 1t
is hard lines for the tobacco grower, and
no mistake
We regard it as not unlikely that many
of the tobacco growers will return to
cotton and that they will find it advan-
tageous so to do. A few years ago cotton
was grown almost exclusively in what is
now the heart of the bright tobacco belt
of North Carolina. 1t was discovered.
however, that there was lots of money in
tobacco, and tobacco culture was taken
up. At that time cotton was low and
tobacco high. Now the reverse is the case.
The Trust pays what it pleases for to-
bacco while cotton fetches a price the
grower had never expected to see again.
In the meantime cotton sharps are pre-
dieting that the price of cotton will never
again fall to a level at which it cannot
be profitably grown. The demand is in
creasing and the possible supply can be
increased indefinitely. We may, therefore,
witness the tobacco growers switching
back to the white staple, if the Trust
keeps the screws on.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-08-08
Legal Fight for a Child.
Especial to News and Observer

Especial to News and Observer
Durham. N. c., August 7-Habeas corpus
proceedings were this afternoon instituted
by Mrs. Caroline Browning against John
Dezern for the possession of child L
years of age, the daughter OF Dezern
The order of Judge o. Fl. Allen, directs
Dezern to appear before him in HIllsboro
next Tuesday morning with the child and
show cause why the petition OF Mrs
Browning, grandmother of the child, shall
not be granted.
The petition of Mrs. Browning says that
eight years ago, when RoXle Dezern was
four years of age, she was given tc
her by her father and mother and that
since that time she has clothed, educated
and cared for her as she would for her
own child On July 25th, says the pc
tition. the father of the girl sent for her
TO spend Saturday night Win him. She
did not want to go but was persuaded by
her grandmother to visit her father and
mother and since that time she has been
unlawfully restrained.
Since John Dezern has had possession
of his daughter she had been put to WORK
in the West Durham cotton mill and the
complaint says that he let her remain
with her grandmother until such time az
she was large enough to put IN the mil
and that this was the reason the father
took possession of her.
The petition also charges Dezern Wltl
cruelty and drunkenness.
William Browning and his wife, who
are trying to get the girl back i'll their
possession, have employed Mr.. Victor )
Bryant to represent them and push the
case
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-08-08
SPECIAL RATES CHA S. A. L. RY.

$64.75 Raleigh to Los Angeles or San Fran
cisco, Cal, account National En-
campment Grand Army of the Re
public, August II to %. Tickets
sold July 81 to August 18TH. final
limit October 18th.
$S.55 Raleigh to Washington, D. c., and
return, account Grand Fountain
United True Reformers, Washing
on, D. c., September to Sth. Tick
cts sold August 3Oth., Sept. LIST and
End, final limit Sept. 10th.
$3.50 Raleigh to Charlotte, N. G. and re
turn, account Womans Mite Mis-
sionary Convention, August 2730.
Tickets sold August %, 26 and 81
final limit Sept. LIST.
$73O-Raleigh to Charlotte and return
account of Woman's Mite Missionary
Convention Charlotte, August 9th Both;
tickets to be sold August 25th, 26th and
9th, with final limit September LIST.
$S30-Plus rs cents Raleigh to Wash
ington, D. c.. and return account of
Grand Fountain United Order True Re
formers, Washington, d. c., September
1st-Sth, with final limit September 10th.
For further information address
C. H. GATTIS, c. P. & r. A.,
Raleigh, N. C.
Fl. S. LIZARD, T. p. A,
Raleigh, N. C.
Raleigh, N. c.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-08-08
Making Brilliant Speeches.
(Weldon News.)

Mr.. w. A. Dunn, of Scotland Neck, who
is speaking all over the district in the
interest of temperance and urging or
ganization spoke to large audience at
Roanoke Rapids Sunday night. Mr.. Dunn
made a great speech and he made fine
impression upon the people. He urged
upon the people at the Rapids the I'M
portance of organizing. A gentleman, who
was present and heard the speech, in
forms us that it was powerful speech
and in his opinion Roanoke Rapids will
vote almost solidly for a dispensary.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-08-08
Industrial News.

The factory at Bynum has closed down
to put in new wheel, water house and
dam. 1t will likely be closed for two or
three months. The factory has been pay
ing handsomely under the management
of Capt. w. l.. London.-Chatham OBJ
server.
Mr.. Joseph w. Yates, assistant cashier
of the Atlantic National Bank, this city,
went up to Warsaw last night to be
present at the opening of the recently
organized Bank of Warsaw this morning.
The new institution has a capital of $780,
600 and Mr.. H. F. Pierce, who recently
spent some time in the Atlantic bank
here, acquainting himself with banking
methods, will be cashier. Mr.. John S.
Armstrong, of this city, is president of
the new institution which promises well
from the start.-Wilmingto Star.
Following are the officers of the Bank
of Carteret, chartered in this city: Presl-
dent, r. w. Taylor; vice president, w. S.
Chadwick; cashier, w. NJ. Webb. Di-
rectors, r. w. Taylor W. S. Chadwick
j. B. Morton, c. S. Wallace, S. w. Wade,
T. d. Webb, N w. Taylor T. A. UZZell
W. L. Arendell They have stacks of
capital to work with, and nothing to him
der them from success. The bank is
capitalized at only 100000, and under it's
charter the stockholders are liable for
double that amount 1t is backed by
over half a million dollars Morehead
Coaster
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-08-08
Mel. Stedman in Chatham.
(Chatham Record.)

Hon. Charles NJ. Stedman has decided
to be a candidate for the Democratic
nomination for Governor. He will receive
a hearty support from his many friends
all over the State, and from none more
hearty than from those in his native
county of Chatham. Not only was he
born in Chatham but was the captain of
a Chatham company before his promotion
TO major. Our county has never had but
one native elected Governor, and he was
Governor Charles Manly.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-08-08
FEWER HOURS FOR THE SALOON.
Petition From Many Church Members to the
Board of Aldermen

Especial to News and Observer.)
Winston Salem, ~ c., August IA pc
tition signed by many representative mem
bers of the city churches, has been pre-
scented to the Winston aldermen, asking
the board to require the saloons to open
at a. m. and close at 8 p. m, and to
close all back doors and remove screens.
etc; to impose heavy tax on distiller-
les, and to pass an ordinance, preventing
the sale of tobacco and cigars on Sun
day. The board promises to pass on the
petition. There is talk that if the request
is not granted a movement will be
started to establish a dispensary here.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-08-08
Narrow Escape From Lightning
(Duplin Journal.)

Saturday afternoon lightning struck
inside of Mr.. j. d. Oates house III Samp-
son. but did little damage. The bolt
came down the chimney and tore off pieces
of the mantel One piece of wood feI!
against a child's head and cut a small
cash. A dog was under the house near
the chimney base and was killed m
stantly. 1t was a narrow escape for Mr..
Oates and family.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-08-08
Among the Railroads.

Next Monday the county commissioners
meet, and it is expected that they will
be asked to allow the townships of Will
son, Saratoga Stantonsburg and Taylors
to vote on an issue of bonds to build
the proposed Raleigh and Pamlico road
Wilson Times.
The engineering corps of the Durham
and Charlotte Railroad Company are sur
veying a route through town to connect
with the depot of the Pittsboro railroad.
The line now being surveyed runs north
of the residence of Mr.. NJ. T. Williams
and going west crosses Hillsboro street
near Tony Hills lot.-Chatham Record.
Just why the Norfolk and Western is
worth twice as much per mile as any
other road in the State is hard to explain,
unless it is because it does not maintain a
lobby at Raleigh.-Durham Morning
Herald.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-08-08
GRADED SCHOOLS CARRY.
Election Called to Vote on the Raleigh and
Pamlico Railroad
Especial to News and Observer

Especial to News and Observer
Greenville, N. c.. Aug. 0-Ayden and
Farmvllle carried the graded school cleo
lions today by large majorities. Schools
will be built at once
At the meeting last night, the Board of
Aldermen of Greenville ordered an cleo
ton on the question as to whether the
town shall take fifteen thousand dollars
second mortgage bonds of the Raleigh and
Pamlico Sound Railroad County board
ordered an election for Farmville and
Beaverdam townships for same purposes
as above.
A severe storm passed over this section
Thursday night, doing considerable dam
a@e
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-08-08
New York
Northern and East
ern Summer
Resorts

Express steamships leave Norfolk, Va.
tally, except Sunday, at ZOO p M, fol
New York direct, affording opportunity fol
through passengers from the South, South
vest and West to visit Richmond, Ole
Point Comfort, Ocean View and Virgini'
Beach en- route.
For tickets and general information ap
ply to railroad ticket agents, or to NJ. B
CROWELL, Genl Agt., Norfolk, Va.
J. f. MAYER, Agt., 1912 East Main St.
Richmond, Va.
j. BROWN, Gen. Pass. Agt.,
H. 3. WALKER, V. p. & T. M,
New York, N. 7.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-08-08

Mother Jones" made a mistake when
she saught an audience with the President
She ought to have BACKED up. She evil
IDENTIFY sees her mistake now for she says
that she thinks she ought to.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-08-08

ing a large stake in the trust than he had,
and from that moment he seems to have
been marked for unloading at the first
convenient opportunity determination
nc doubt FASTENED by his more recent APP
pearance as promoter of other trust
schemes like the ship yards and Bethle-
hem steel combination.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-08-08
Peanut Crop is Short.
(Weldon News.)

Reports from the farmers in the peanut
districts seem to indicate that the crop
this year will be exceedingly short. The
acreage planted was not in excess of that
of last year, and the prevailing wet wealth
er in many localities has rendered it i'm
possible for the farmers to keep their
crop free from grass with the existing
scarcity of labor.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-08-08
A PLETHORA OF CURRENCY?

The more money agitators are facing the
fact that the amount in. circulation in
creased by nearly 100000 during July,
and by $121, Alp ,361 during the year end
ing with July. This is a rate of currency
expansion about double what would have
been effected had the minis been opened
to the free and unlimited coinage of sill
yer at the rate of 16 to l. 1t has been
period of money initiation far exceeding
any since the civil war.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-08-08

BURNETTS VANILLA EXTRACT has
outlived criticism. 1t is the finest and
purest vanilla extract that can be bought.
Once tried always used.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-08-08
COMPLEXION BAD,

LIVER TORPID, APPETITE POOR.
Horsford's Acid Phosphate clears The
by restoring stomach liver and
bowels to health. A strengthening Tonic
for mental, nervous or physical weakness.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-08-08
Tobacco Puffs.

The very grades of tobacco now being
gobbled up by the Trust at u to 51A
cents per pound, are the same grades that
make the very highest priced smoking
goods. For an example take Dukes Mix
ture. Where can the farmers go for re-
dress? Who can deliver them from the
hands of their enemies? Is Absalom Safe
with the Power of the Trust? 1t is worse
than tossing up the coin, where the game
is-"heads L win and tails you LOSE
Duplin Journal.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-08-08

Tobacco on the Wilson market was some
higher today. Averaging a dollar to
dollar and a half a hundred higher all
round. Several farmers, we understand,
said that considering the quality, they
were satisfied at the price.-Wilson Times.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-08-08

THE BLUES" are always located IN
the stomach. EUVITA will Danish the
blues. At all fountains.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-08-08
A MORNING TONIC.
(Goldsimith.)

Like the bee, we should make industry
our amusement.
The daily morning journal and courier., 1903-05-21

conclusions. On the question of small holdings they pointed out that eo-opera- tiOn was essential. and that under cer- tain conditions State aid should be granted. He had been asked whether any system could be adopted by which the dweIlers in towns suitable for agri- cultural labor could be drafted to places where there was a demand for labor. He supposed something of the sort could be done. but it would be expen- sive. Anyhow, it would be of no use to send men to the country unless they were physically competent. The prob lem was to keep the countrymen where they are. One of the greatest induce ments, he thought. would be the pur- chase Of large lots of land for subdivi- sion into small individual holdings.
The daily morning journal and courier., 1903-05-21
THE CAPABLE oUBAys.

The new Cuba was just one year old yesterday. and there will be general recognition Of the fact that she has managed to 20 it alone pretty well so far. Her treasury has surplus Of S2,- 669, 900 against a nominal, but not actual surplus of s54O.OOO year ago. There is better order in Cuba to-day than un- der General Wood, and the educational and sanitary departments have been as well carried on as before. the death rate being phenomenally low.
 This success upsets many gloomy predictions, and is encouraging to those who believe in sef-government. It is evident that the Cubans know how to take care of themselves. and that they are worthy the help which has been given them in their efforts to be free. By and by perhaps they will want to join the country that gave them help, and when they do come it is to be hoped that they will be prosperous and well fitted to be good United States citizens. They seem to be on the right track.
The daily morning journal and courier., 1903-05-21
The PiownlRIa.

With sturdy hands the plowman holds The handles of his blow; His trousers hang in baggy folds, And furroWs mark his brow; But with the hope that tOiling brings He labOrs on out there, Where natures putting on the things That help to make her fair. The plowman's shoulders droop, his eyes Have no eXultant fire, And oft he straightens I'D and sighS, Perhaps for some thing higher. He scrapeS the damp earth from his boots, And then goes plOdding on, And now and then bumps into roots That jar him pro and con. The plOwman does not fret because Some stock has had a slump, But. gripping hard, he sets his jaws And runs against a stump, Or worries till the rein is free
 From meath the gray mares tail, Or turns little while to see
 The chiamunk on the rail. The smell of burning wood floats by Upon the tranquil air: The crow sits with a watchful eye, O'erlO0king things out there. The plOwman scents the sweet fresh earth, He murmurs, Gee, there, Fan,'' And tolls away for all he's worth To feed his fe!low-m0n. There with the hope that toiling brings: The plowman works away. And, maybe, dreams of splendid things That he shall have some day; But sweetest of the joys he knows Us that which comes to sit Within his breast when sunset shows Him that it's time to quit.
 Chicago Record Herald.
The daily morning journal and courier., 1903-05-21

with it a charge of electricity. From their minuteness and speed they are able to penetrate metals and matter, in general. which is opaque to light. A Mauser bullet piercing quickset hedge is fair analogy to cathode ray peE- etrating piece of metal. No one who has seen these cathode rays driving a. windmill inside a vacuum tube. or heating a thick piece of platinum to whiteness by their impact. can fail to be impressed by the. energy they pos
 sess. But whereas the Crookes tube works under the influence of electrical forces of great intensity and power, in the radio elements the same phenome-
 na are produced by mere inanimate matter, which works by itself and goes on working, sublimely indifferent to known forces, apparently for ever and ever. What is the inexhaustible source of these manifestations of energy, which seem to disobey the universal law of nature? The moon is a dead world because it has long radiated its energy into space. But the internal fires which nourish a bit of radium, and make it. glow with its own light, must have been at work when the earth itself was a sun, and, for all we know, will continue after many bodies. now suns, have grown cold.-Frederick
 Soddy in the Contemporary Review.
The daily morning journal and courier., 1903-05-21
THE DFsCONTENTED FARMER.

How to keep people on the farms is a question which has interest for sev- eral countries, including the United States. It is just now up for discussion in Great Britain. Rider Haggard deliv- cred discourse on it the other day be- fore the Royal United Service Institu- tion in London. He advocated the es- tablishment of credit banks under gov~ ernment control, which should advance money at 8 reasonable rate Of interest to enable laborers to erect cottages. Moreover the functions of the parcels post ought to be enlarged, he said, so as to enable the little men to get their products to the big markets cheaply and promptly. This movement of the people to the towns was one of national significance. Education had something to do with it. Under the town system of education boys were kept at school until they were too old to become accus- toned to work upon the land. But the real reason os the exodus to the cities was that the rural population had no prospect os advance on the land. The Rural Depopulation Committee of the Central and Associated Chambers of Agriculture had just issued a report on the subject which supplied all his