davidaulloa/AmericanStories huggingface dataset:
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1904-08-25
TEN CENT COTTON.

A special correspondent of the
Manufacturers Record, writing from
New York, estimates the present cot
ton crop at 11,250, 900 bales, as the
maximum to be expected. He says
that in arriving at this estimate he
has made no allowance for decrease
by unreasonable weather, early frosts,
depreciation of bool-Weevils and the
like. Hence he takes the above
figures as the maximum not only for
this season, but also for the next two
or three seasons. And further, he
contends that, by virtue of the con-
slant expansion in the worlds require
ments and the. fact that there is no
substitute for cotton, and in view of
reserves due to recent short crops and
the exhaustion of reserve raw mate
rial, it would take every one of these
11,250,000 bales (i. e., the maximum
CROP for at least three seasons to
restore "a normal parity in the relation
between raw material and manufac-
:. In support of this position he
ties from an article on the cotton
uirements of Great Britain, now
ag published simultaneously in the
York Times and in the London
les, the following paragraphs:
E. Stated in a single sentence, the
sent position amounts to this: The
rlds supply of cotton is no longer
equal to the worlds demand.
2. The estimated yearly increase IN
the demand is put at from 100000 to
100000 bales and not only is the pres
ent production inadequate, but in an
other ten years an additional 5,00O,-
600 bales may be required. Lancas-
hires shortage for the past year or
two may be put at 100000 bales.
From these facts the writer arrives
at the conclusion that "the South is
in a position OF greater independence
than heretofore for the exercise of a
sound discretion in marketing the
coming ccrop," and sis abundantly
able and ought to fix as the minimum
price for the first movement of this
seasons cotton 10 cents a pound"
While there may be difference of
opinion as to the correctness of this
conclusion, the figures on which it is
based are interesting and worthy of
consideration.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1904-08-25
Judges and Railroads.
Age-Herald.


The recent summer session of the
Georgia Legislature passed law pro-
viding for the payment of higher sal
aries to all judges provided they pay
fare when they ride on railroads with
in their own State. AS result of that
law the judges of Georgia, alike or
the Supreme and of the Circuits, are
surrendering the railroad passes they
had been totng. Telegraph franks
and Pullman passes are being given
up also.
Not a mere statute law, but the fun
damental law of Alabama forbids the
issuing of passes ito any member or
the Legislature or to any officer eXer-
cising judicial functions under the
laws of this State, and any such mem
bel or officer receiving such a pass
or ticket for himself, or procuring the
same for another, shall be guilty OF
a misdemeanor, and, upon conviction,
shall be fined not exceeding nVe nun
dred dollars, and at the discretion or
the court trying the case in addition to
such fine may be imprisoned FOR a
term not exceeding six months, ana
upon conviction shall be subject TO I'M
parchment and removal from office.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1904-08-25
The Scramble for The Lease.

New Bern Journal.
There are busy days from MoreheaG
City to Raleigh. Financiers are mys-
teriously going from point to point.
Lawyers are looking wiser than usual.
while politicians are talking and look
ing everything except politics.
The Raleigh correspondent says
politics are dull" Take the Atlantic
and North Carolina train from Golds7
boro to Morehead City ana it is a
safe wager the traveller will not hear
a word about National or State politics.
but he will hear one topic discussed
from brakeman to engineer, and by
every one on the train, and at every
station, and that topic is the lease of
the very property over which each OF
the takers is riding or standing, th<
Atlantic and North Carolina railroad.
Even the subjects of weather and
crops are of no interest in these days,
for who is going to get the A. and n.
c. road is vastly more absorbing, anu
the interest is no way suffered to de-
cline because on every train there
are the persons who are known to.
have some interest in the lease, and IT,
the traveller knew enough, he could see
at Goldsboro, at Kinston, att New
Bern, at Morehead City, the group.
with heads together, who quietly til
toe away whenever stranger passes
near.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1904-08-25
The Eye of 1T"

"If I'm not the. Lord of all Creation,
/ am at least Lord of it's one greatest
nation,
And the big Stick l use for a sceptre
has power
\ native to make of few men IN al
hour.
"By and with the advice and consent
of the Senate"
Is all changed by Me in the course OF
My will is far greater than the will OF
the people
That's proclaimed from my White
House pulpit and steeple.
Ever since / rode up that Hill at San
Juan,
All else are but mole hills, and l don't
give a darni
There are no Alps" If they get in
AS the other Napoleon, just so did I
Traditions or precedents bother Nc
I'm PRECEDENT resident-the rest is
all rot.
Whatever l choose, and however l
scheme,
at is known of all men" that My will
is supreme
The White House was white from its
very foundation
Till / moved in there to rule this great
nation.
But just to be different from all of the
rest,
j defied all tradition and had for my
guest,
And / entertained, too, with all of my
suavity,
"a saddle colored monument of a
white mans depravity
Thus with everything white quite I'M
der My thumb,
/ went 'em one better and gave them
a Crum.
But My millionaires club at first
wouldn't confirm
My black and tan choice to fill out his
term
Till 1 told them that what l had said
had to go
Then they fell into line in short day
or So
So finding that they were mere clay
in My hands,
l kept on insisting on all my demands,
And when they had found just the
the place that 1 stood,
Made a General Of my great and good
friend DR.. Wood.
And so, a Rough Rider, 1 rode rough
ly Ger
The weaker and helpless and made
myself sure
OF a continuation of all my vast power
And came through to Chicago in less
than an hour
Well I think that this Egotist might
have kept on
From the time that he started unit
doomsday's dawn
Had | not interjected just one word OIL
two
To show him his actions he'd finally
rue.
So 1 said: "My dear sir, part of this
is a dream,
You're only SO Great in your own
blind esteem,
And this cock-sure attitude that you
assume
Will presently end in your downfall
and doom.
For November the Sth is assuredly
coming,
To kill the fond bee in your bonnet
that's humming.
And YOU and the rest of your llk
black and tan.
VIII be spoken of as the ''alSO ran"
THE Horoscopes.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1904-08-25
Moraan's Mortgage on Teddy.

philadelphia Record.
The Republican campaign has been
underwritten by the firm of j. +. Nor
gan &, Co. which floated the steel
trust and the North Atlantic shipping
combine, besides several smaller trusts
which arranged the transfer of the
Pennsylvania Coal Company to the
Erie railroad in order TO prevent the
independent producers from acquiring
a railroad OF their own to tidewater,
and which negotiated the absorption
of the Bethlehem Steel Company by
the shiDbuilding trust of unsavory
memory, in accordance with which
the Morgan shares We're to be mark
eted before the others. The Nor
gan firm Will of course, offer shares
in the Roosevelt administration tC
moneyed men, especially the bene-
ficiaries of legislation, here and in
New York. and what it does not dis
pose of in that way it will keep and
pay for. BY so doing the greatest
trust manufacturing establishment in
the country would have a first mort
gage on the Roosevelt administration
in case the Republicans should carry
the election.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1904-08-25

terdays news dispatches, was a man
of unusual natural ability and one of
the ableSt criminal lawyers in Ghe
State. There have been few noted
criminal cases in Western North Car
DINA in recent years in which Colonel
Jones has not participated. The last
one was the famous Breese case. In
politics he was a Democrat His first
public service was in 1867 when he
was appointed to fill out an unexpireG
term in the State Senate and at the
next election was chosen for a full
term. On one occasion he was Of
fered the nomination for Congress in
his district, but declined the honor.
Colonel Jones remained out of poll
tics from 1870 until 1885 when he was
appointed district attorney for tho
Western district of North Carolina I'M
der Cleveland, and served until 1889,
AS a soldier in the Civil War, Colone!
Jones served with gallantry and dis
tinction. He was twice wounded and
several times promoted, entering tho
service as lieutenant of a company and
leaving it as colonel of regiment By
his death North Carolina loses one Of
it's most scholarly men.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1904-08-25
MORNING TONIC.
(Frederick Robertson.)

Everything is created in its own or
der. Every created thing has its own
glory. There is one glory of the sun;
another glory of the moon, and anoth-
er glory of the stars, for one star diff
fereth from another star in glory.
There is one glory of manhood, and
another glory of womanhood, and the
glory of each created thing consists in
being true to its own nature, and
moving in its own sphere.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1904-08-25

Allan Lock. an eight-year-old in
FAINT, was sent to Jail yesterday by the
mayor. charged with the larceny of a
quarter of a dollar and a child's shirt
waist from a negro woman, the wife
of Robert Martin, who made the
compIaint.-Fayette Observer.
Could there possibly be a stronger
argument for reformatory. A child
like this ought not to be sent to Jail,
to begin with, and to keep it there can
mean nothing else than that it will
come out a hardened criminal. 1t is a
duty the State owes to itself and to
humanity to provide an institution for
just such cases as that noted above.
But. reformatory or no reformatory,
such a thing as this ought not to be
allowed in Fayetteville or anywhere.
IT is a worse crime against good cit
izenship than an eight-year-old boy
could possibly commit.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1904-08-25

arms that the really kindly and gentle
side of the man is seen. His dignity
and unfailing politeness might Ward
off strangers at other times but no
one who had ever seen him turn away
from a heated political discussion 10
pick UP the chubby bit of sweetness
that was gettinp under foot and both-
ering him could ever feel afraid OF
meeting a rebuff from such man.
An occasional visitor to Rosemount
is the Judges mother. Mrs. Harriet
Stratton Parker, who, though past the
allotted three-ScOre and ten, is sui
active and we'll, and makes the trip
from her daughters home in Derby,
Conn, to Esopus without any incon-
veniece. Until recently she had lived
i'm Cortland, N. Y, and it was in Cort-
land that the Judge first saw the light
in 1852. The daughter in Derby is
Mrs. James A. Miles and another son,
the Judges brother is Frederick II.
Parker. of New York city. These
relatives were all present at the mott
fication proceedings at Rosemount.
The elder Mrs. Parker is small
white haired, and maternal pride be-
trays itself in every glance she be-
slows upon her stalWart son. She is
a devout Methodist, and attends the
pretty little chuch in Esopus when she
comes to visit at RoSemount.
Judge Parker's regular attendance
at his son-in-law's church in Kingston
is one of the things told in praise OF
him. In summer time he usually sails
down to Kingston with his family in
his steam launch, and at other sea-
sons either drives the nine miles OF
goes by train to Kingston.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1904-08-25

1.-THE United States may be drawn
into the Eastern war before it is over,
remarks the Nashville American.
'Twouldn't be at all surprising, since
we have a President who believes in
the Big Stick policy and is not at all
averse to row and ruction.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1904-08-25

The people in the vicinity of Moore
Creek battle ground will hold a pa
triotic celebration and picnic there to-
day Congressman Thomas, is very
properly the orator of the day. Mr.,
Thomas has been making efforts to Sc
cure a Federal appropriation for prop
er care of the grounds and appropriate
marking Of the historic spots therein.
The outlines of the earthWorks used by
the Revolutionary patriots are still to
be seen there.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1904-08-25

Tate Spring, the South's most ia
nous resort. Are you going this sum-
mer? See advertisement.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1904-08-25

In another column of today's paper
will be found a communication from
Mr.. G.. T.. Foy, of Newbern, giving his
reasons for opposing g lease of the
Atlantic & North Carolina railroad.
Mr.. Foy bases his argument on his
great faith in the undeveloped re-
sources of the section through which
the road runs.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1904-08-25

BY inadvertence on the part of our
Edenton correspondent in reporting
the First District Congressional con-
vention, he omitted to mention the
fact that Mr.. VIM. M. Bond was
named unanimously and by acclama-
ton as elector for that district. Mr..
Bond is we'll known over the State as
strong campaigner, and it will be
gratifying to his friends to know that
he is the elector. for his district De-
ocracy in this State will have no
ADLER or more effective advocate on
the stump than Mr.. Bond.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1904-08-25

Col Hamilton C. Jones. of Charlotte,
whose death was chronicled III yes
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1904-08-25
z Vile Disease

has wrecked more lives and
ering than all other diseases
/ to treat it lightly, but these
deal with a powerful poison
liking down the constitution.
only metes out punishment
but others may become limo
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1904-08-25

And clean-he is fairly reeking with
cleanliness when you meet HIM IN
the morning. He breakfasts early ana
either then or directly before dinner
he appears in his riding toys ana
mounts his beloved bay horse Tom Tor
q canter Correspondents, newspaper
men and those on other business bent
who seek to foreStall this ride receive
from the Judge a polite but urn
"Glad to see you, sir, but not I'LL
get back"
Mrs. Parker accompanies him usu-
ally. also on horseback; and guests II
there be any staying at Rosemount'
are taken for a drive. Down through
the town of Esopus they come some
times, and the towns people note Wlth
pride that the Judge cuts me
figure on horseback.
After the ride and change OF attire
the Judge meets any visitors VINO
NAV be waiting to see him, or goes
directly to his library, where he d.
reefs five clerks in attending to his
correspondence, preparing speeches
or disposing of other business Prop
erIv. six men are assisting him, fol
the Judges son-in-laW, Father Hall
of Kingston, is now passing his vaca-
ton at Esopus, and is one of the
Judges most valuable aids. After
luncheon more work and more Visi-
tors, and at o'clock the Judge dimes
Then a romp with the little grand
children, and in the evening Rose
mount is given up to social pleasures
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1904-08-25

There is usually good music. The
Judges daughter, Mrs. Hall, is a fine
musician, and is passionately fond of
music. The Judge, too, is musical
That is to say, he has a pleasing voice,
which he employs sometimes to sing
to the accompaniments of his daugh-
ter's playing. His favorite selections,
according to her, are the old-time
songs that he learned when he was a
young man and used to go to singing
school. The tunes" he whistles, and
which he croons to the baby Mary
McAlister Hail. are Grandfather s
Clock" and I'm Not as Young as l
Used to Be-" and these Baby Mary
thinks are finer than anything Verdi
ever wrote. Indeed, it is when the
Judge, who is remarkably young
| looking for all his So years, picks up
the little rosy, dimpled, blue-eyed
grandchild and buries his face in her
! chubby neck and losses her up in his
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-12-15
! have been considerable negotiations to this end

have been considerable negotiations to this end
in London.
DIRECTORS OF GUARANTY TRUST COM
PANY.-Jame3 Speyer. OF Speyer & Co.; D. G.
Reid of the Rock Island system, and Oscar G.
Murray president of the Baltimore and Ohio
Railroad Company, have been elected directors of
the Guaranty Trust Company.
SECURITIES LISTED,-The following securities
have been added to the Stock Exchange list: One
hundred and fifty thousand dollars additional first
mortgage guaranteed, per cent coupon bonds of
1923 of the Cincinnati Fndlay and Fort Wayne Rail-
way Company, s1472.c0O additional first and refund
ing mortgage guaranteed per cent coupon bonds
of 1858 of the Cincinnati. Indianapolis and Western
Railway Company and s., 600 additional first and
refunding mortgage 41s per cent coupon bonds of
1851 Of the Connecticut Railway and Lighting Com
pany.
EQUITABLE TRUST COMPANY.-The trustees
of the Equitable Trust Company of New-York have
declared the regular quarterly dividend of Pa per
cent. payable December 81, the books to close on
December q and reopen January 3.
ELECTION OF ISAAC GUGGBNHEIM-The IAn-
coin trust company, at meeting of the board OF
dill ectOTS held yesterday elected to Its number Isaac
Cuggenheim. Mr. Guggenheim has been heretofore
actively identified with uptown banking inter-
ests and his still further diversifies the char
acter of the board of the Lincoln Trust Company.
which already represents some of the chief mer-
camille and financial interests of the city.
WINNIPEG ELECTRIC RAILWAY BONDS
SOLD.-N. w. Harris & Co. and the Bank of Mon
treal announce that the 81 900 Winnipeg Electric
Railway Company per cent bonds offered by them
yesterday have all been sold and the ISIS largely
oversubSCrbed
NATIONAL BANK OF CUBA STOCK OVER
National Bank of Cuba, announces that the sub
scrpton for the 100000 of the issue of stock
OF the National. Bank of Cuba has been largely
oversubscribed and no further subscriptions will be
received.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-12-15
IRON TRADE CONDITIONS.


On Saturday the steel rail manufacturers decided
to open their books for 1885 delivery $2S per
ton at mill for standard sections and to fix mini
at which angle bars be sold. Thus far COM
paratively few orders have been placed with the
Eastern mills but II is understood that the Western
mills have entered about 10000 tons. The Tennes-
see Company. of the Independent producers.
annually is carrying considerable volume of
orders from this year and has booked new business
which will employ the mill to the middle Of the
next year. An order for 5000 tons from Southern
road in the market. the bulk of which will
probably this mill. will insure employment
for whole OF the year 1905 The steel rail manu-
faCturers after very careful and close study OF
the situation have come TO the conclusion that the
tonnage which will come to them in 1903 will be
very large and will furnish very muCl better en-
poyment than this year, which was far below the
average.
There has heen some disposition to regard the
purchase of pig iron by the leading interest an
effort manipulate The market. The fact is that
the Western purchasers are concerned and that
in the East the company is practically dependent
upon the open market. 1t is understood, too. that
additional quantities will be purchased at an
early date. for the Central West. for January and
February delivery. The Carnegie Steel Company
purchased last week 25.00o tons OF Bessemer pig
for December delivery at sl5 30 at Valley furnace,
this following the buying of close upon 10000 tons
Of basic pig at about $l5 at furnace, for Eastern
Pennsylvania and New England delivery. referred
kets have been gutter after the heavy buying Of
the past month or more a large cast iron pipe
interest has purchased 10 900 tons OF Virginia iron
The Eastern trade is beginning to watch for posi-
biities Of Importation Of foreign foundry pig, but
as vet there are no chances the market abroad hav
iron may into New-England. aside of course
from impOrtationS under drawback.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-12-15
OUTSIDE SECURITIES.

The market for outside securities showed consid-
cradle frmness under a fair degree of activity
The advances, however outside OF few specialties
were insignificant. interest being largely centred
in Greene Consolidated Copper, Northern Securities
and marlborough Rapid Transit Toward the noon
hour the market displayed some irreguarity under
realizing and slight reactions in Northern Sc
curities IL cent but subsequently lost the
gain. Interborough Rapid Transit advanced Az per
cent but likewise lost part of the advance. Greene
Consolidated Copper. under excellent support at the
opening, old up points. but in the late Afternoon
lost nearly all realizing. Mackay shares were
slightly higher. Marine issues We're firm. Seaboard
stocks were up about Y point. Douglas Copper was
dealt IN for the first time at y per advance
Greene Consolidated Gold up a full point. Mon
treal and Boston weak Bonds were quiet but
steady.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-12-15
FERRY COMPANIES.

Brooklyn Ferry stock.
Hoboken Ferry LIST os. le4o.
do stock. ...........'.'.''
N a. ID X Ferry Co stock.
do LIST mtg 5s, 1922. 80.
" Y & II F Con 6s. 1s46;
10th s. % ST LIST ing 5s, lpls
Union + OF n Y & Il stock
~ Y a n ] lst mtg os, lS4t
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-12-15
WESTERN UNION.

The Western Union Telegraph Co.'S statement for
the Dec 81 quarter (party estmated) compares with
the actual figures for the corresponding periods of
1908 and 1902 as follows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-12-15
SECURITIES AT AUCTION.

The following securities sold yesterday a
auction at the New-York Real Estate Salesroon
by Adrian H. Muller & Son:
BY ORDER OF EXECUTORS
shares Cook & Bernheimer Company per oo,,
shares Cook Bernhemer Company per
common. IL
81 800 Deutscher Verein Of the City of New-York
first mortgage per cent 20-year gold bonds -
$500 Deutscher Verein redeemabe scrip. $50
BY ORDER OF TRUSTEE.
$1,000 Chicago Milwaukee and st. Paul Railway
Company Chicago and Pacific Western Di-
vision first mortgage +0-year per cent
gold bends, due January, 1921; coupons Janu-
FOR ACCOUNT OF f. q. GILMORE
300 shares Colorado Fuel ana Iron Company
common Observation-Disclosures. AN
FOR ACCOUNT OF WHOM 1T MAY CONCERN.
13 shares North American Trust Company 2I5A4
10 National Bank of Commerce. 240
International Banking Corporation. 100
10 shares Guaranty Trust Company. 69O&
20 shares Kansas City, St Louis and Chicago
Railroad per cent preferred .............. 1921
Pany per cent stock 12aa
% international Banking Corporation .155
% shares Lawyers Title Insurance Company. $40
10 Prospect Park Bank. 135
80 shares National of North America. 223 q
20 Bowling Green Trust Company pa
20 shares New-York Security and Trust Com
10 shares Title Guarantee and Trust Company. =. COL
so shares Gas and Electric Company Of Bergen
County 64H
Sc, 600 Grand Rapids and Indiana Railroad Company
per bonds, secured first mortgage
Muskegon Division due July. 1926;
1904. coupons attached ......,.......... Ssh
shares Brooklyn Union Elevated Railroad
shares Brooklyn Union Elevated Railroad
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-12-15
MISCELLANEOUS GAS COMPANIES.


sAnd interest.
GUARANTEED STOCKS.
FURNISHED by Joseph Walker & Sons 20 Broad-st)