davidaulloa/AmericanStories huggingface dataset:
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1905-05-19

ship that with steady steps and intel
ligent effort is forging to the front.
Our people are intelligent, indus
trious and persevering, they are OF
the same material that made the army
of Northern Virginia and they are
marching today, n mightier army than
that, destined for greater achieve
ments as the worlds history will UNI
doubtedly record. We are consciously
or unconsciously contributing to the
possibilities of these achievements.
'"The bankers and especially the
North Carolina bankers OF this pres
ent day bold grave and responsible
position. How grave and how respon-
sible those only may know who are
called upon to contribute largely TO
the support Of the numerous indus
trial undertakings that are now be-
ing pushed by the people of this sec
ton of the country. Many of these
enterprises are very worthy, some are
ventures of doubtful merit, but nearly
all are backed up by the earneStneSs
and enthusiasm that now character
ICES our people, 1t becomes the bank
ers duty TO aid and advise, encourage
or discourage, promote or restrain IN
a word to direct this great movement
that means so much for the State, for
our communities, for ourselves.
'"rhe rule of right is the only one
to apply safely. Is it right, in fact,
as distinguished from wrong, for no
bank can back q venture that is
known 20 be wrong in it's practices?
Is it right in principle, for no bank
can knowingly aid Il scheme or ven
ture that is designed to work injury
to others? Is it right scientifically, i. e.
will it work successfully and in har-
mony with the established rules of
science and trade? And lastly when
everything seems all right, are the
men back of it right-right in char
acter and ability so that it will sue
ceed? This is not theoretical solu-
ton. it is the rule for every banker
to apply to the many applications that
are constantly made and that may be
classed as domestic, industrial loans,
that are pressed moro or less vgor-
ousIy upon every bank officer.
1.-The enterprises that have and Will.
perhaps for q time, pay the banks of
North Carolina best, are those that
have started small and have grown
up under the guidance and direction
of the banks of the communities in
which they are located. for this fea-
son the worthy young men that are
fitted by character and training for
the business they propose to enter are
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1905-05-19

pleted by failure and liquidation as
follows:
Closed by corporation commissions:
Four State banks, aggregate capital,
$13S.000.
The following banks have merged
with other banks: Two savings banks
aggregate capital SIS 700.
Liquidated: One private bank. CAPT
tai $3.50.
From the banks closed by the North
Carolina Corporation Commission
there will result practically no loss to
depositors.
TOTAL BANKING RESOURCES
MAY 1, 1905.
Fifty national banks. total resources
S25, 7,701. 1853 State banks, total re-
sources $40, sol. 80 savings. loan
and trust companies. total resources
$9,62S.660. IA savings banks, total re-
sources $3.702,660. 257 banks Total
$50. 209.5 22.
$56,059,S12 of these resources are
held by members of this association.
At our Asheville convention. eleven
months ago. this office reported total
resources of all banks in the State.
$52.000.000. which gives us an in
crease this year of $S,200,000.
Today the State has provided differ
ent laws, and under the efficient con-
troll of the North Carolina Corporation
Commission the systems of eXamina-
ton are conducted by Skillful and
experienced bank examiners. with
practically the same stringent require
ments for determination and publ
cation as those provided by the ma
tionai government.
Concerning the practical working of
this office the past year. 1 submit the
following:
Membership May, 1905, POS banks.
Membership, June. 1904, 149 banks.
Gain in membership. &C banks.
This gain is the largest in our his
tory, and the roll of the association
now includes, in a total of 257 banks,
POS. The remaining 81. or many of
them, are branch banks, whose officers
are connected with the association
OF our old members we lost during
the year only six Two of these were
closed by the corporation commission.
while four failed to renew their MEM
bership On the other hand. six form
er members re-instated themselves
Adore IS OF President Fries.
President Fries in beginning his adj
dress. paid touching tribute TO the
memory of Mr.. T. A. Wilson, former
cashier of the Peoples National Bank
of Winston-Salem, a lifelong personal
friend of his, a member of the aSso-
citation and a thoroughly honest man..
He then spoke of the prosperity of
North Carolina as evidenced by the
prosperity of her banking institutions
and their rapid healthy growth and
development Continuing he said in
part:
I'VE are the confidential advisers
and material helpers OF an enthusias-
tic and growing self-conldent citizen
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1905-05-19
DR.. burlington Dies Suddenly.

Especial to News and Observer.)
Wilmington, N c., May 18.-Dr.
Roger S. burlington. forty years of
age, practicing physician of Ben
ncttsville, S. c., and son of a we'll
known merchant of that town. died
rather suddenly in the James Walker
Memorial Hospital here yesterday. DIR.
burlington came to Wilmington sew
eral days ago to sell some land He
had been drinking rather heavily for
several days and had to be sent to the
hospital. violent type of alcoholism
developed in his case and the end came
quickly The body was embalmed and
sent to his home this morning for in
torment.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1905-05-19
A MONUMENT TO
CHARLES B. AYCOCK
A Chord Struck to Echo
in Every Heart.
PROF CARLYLE SPEAKS
In His Address Before the GoIdsboro
Graded School He Lifts Prophetic
Eyes and Sees Our Education
al Governor FittingIy Honor
ed By the People.

Especial to News and Observer
Goldsboro. n. c., May 1S.-In clos
ing his address here today before the
graduating class of the Goldshoro
graded school, DR. J. B. Carlyle, of
Wake Forest College, created the
greatest enthusiasm and provoked APP
plause by predicting that in coming
years North Carolina would build
monument to Governor Aycock, the
great educational governor.
The subject of Prof. Carlyle's SPLEEN
did address was "Democracy-its
Duties, its Trials and it's Triumphs."
In the course of his remarks on the
Iriumphs of Democracy, he referred
to the educational movement in North
Carolina as one of the most momen-
touS and far-reaching events in the
States history, attributing the credit
of it to two of Goldsboro's citizens
Governor AycockA and State Superin-
tendent Joyner. He added:
Some months ago, entering Raleigh
on a belated train, | paused in CAPT.
tol square before the statue of the inn
mortal Vance just as the first faint
rays of the rising sun rested on his
massive brow With his imperious
PIE seemed to be welcoming the COM
ing of a new day. Under the spell of
that mighty presence. | looked intp
the future fifty years when my child
rem, children now grown to hoary
years then, shall stand at the south
entrance of that same capitol square,
when this good State shall be the
home of more than five millions of
happy, contented, intelligent, prosper
Gus and patriotic people, when knowl-
edge shall cover the State as the wa
ters cover the sea- when the rights of
all shall be the regard of all. and the
veal Of all shall be the veal of all
my children standing then there at
the south entrance shall see another
statue, facing not the faint rays of q
sunrise to come, but the richer rad :
lance of a noon-day splendor of frui-
ton, built of Carolina marble, fashion,
ed by Cardinals skill, born of Caro-
lima loyalty and gratitude, bearing on
its broad base the words: Charles
BrantIey Aycoci>. the Great Educa-
tiOnal Governor"
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1905-05-19
COMM EN- GEM ENTS
A Full Program of Exer-
Cises at the Univers-
ity.
(special to News and ohserver.

Especial to News and Observer
Chapel Hill. N. c.. May 1S.-The
commencement orator for the Univer-
sity this year is Hon. Henry l.. Bou-
tell. of Chicago. He is a graduate of
the Northwestern University and of
Harvard. He is a lawyer. and has
practiced since 1879. In 1897 he was
elected to Congress, and has been re-
elected since that time, serving now as
representative from the Ninth Illinois
District Mr. Boutell is a Republican.
who is extremely popular with his
Democratic colleagues because of his
fairness to the South. His home is in
Chicago.
The baccalaureate sermon will be
Rev. Charles S. Gardner d. d. He is
now pastor of the Grace Street Baptist
church. Richmond. Va, and is widely
known as a preacher, beyond the
bounds of his own denomination.
The preacher of the sermon before
the Young Mems Christian Associa-
ton is Rev. William Meade Clark,
DID,, now editor of The Churchman.
and well known in this State as rector
of Episcopal churches at Chapel Hill
and Raleigh.
Banquet is Robert w. Winston, Esq.
the Alumni orator, Hon. Charles K.
Thomas, member of Congress from the
Third District.
The commencement program fol-
lows:
Sunday. May 20.
II a. m.-Baccalaureate Sermon.
Rev. Charles S. Gardner. DID.
D. m.-SermQn before the Young
Mems Christian Association. Rev.
William Maada Clark ID ID
Monday. May 20.
730 D. m.-Annual Joint Banquet of
the Dialectic and Philanthropic Liter
airy Societies in Commons Hall. Adj
dress by Robert w. Winston, Esq,
class of 70.
$50 p. Anniversary Meetings of
the Literary Societies in their respect
i've Halls.
Tuesday. May 80.
$50 a. m.-Seniors form in front of
Memorial Hall and march to the
Chapel for prayers.
1890 a. m.-Senior Glass Day Exer-
cises in Gerard Hall.
IL REPRESENTATION of the William
Preston Bynum. Jr.. Gymnasium. Ac-
ceptance for the Trustees. by DIR.
Richard II. Lewis.
1915 D. m.-Alumni Address. Hon.
Charles r. Thomas, class of 81.
100 p. m.-Alumni Luncheon in
Commons Hall.
$50 p. m.-Annual Meeting of the
Board of Trustees in Alumni Hall.
$50 D. m.-Closing Exercises of the
Senior Glass.
$50 p. m.-Annual Debate between
the Representative of the Dialectc
and Philanthropic Literary Societies.
10 D. m.-Reception in Commons
Hall by the President and Faculty.
Glass Reunions. 55, 50, 80, 50, at
hours announced by their secretaries.
Wednesday. MAY 81.
1915 a. m.-Academic Procession
forms in front of Alumni Hall.
1880 a. m.-Commencement Exer-
cises in Memorial Hall. Orations by
members of the graduating class.
IL m.-Address by Hon. Henry
Sherman Boutell. Announcements by
the President. Degrees Conferred.
Presentation of Bibles.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1905-05-19
MAY MUSIC FESTIVAL.
As Usual Greensboro is Able 20 ReDort
a Splendid Success.
Especial to News and Observer,

Especial to News and Observer
Greensboro n. c.. May 1S.-The
May Music Festival was held here to-
day. the concert being held in the
afternoon. Handlers Messiah" being
given tonight. DIR. b. Merrill Hopkin-
son. of Boston. sang in both the con-
cert and the Messiah Mr.. Craig
hill. of Richmond. was the organist
and pianist. Nine. Anita Rio. who had
been engaged to sing as soprano was
suddenly taken i'll and could not ap-
pear. Miss Antoinette Glenn. of Win
Salem. was secured and she won
the applause of the patrons The az
fair was a decided success financially
and otherwise.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1905-05-19
Notice.

Having qualified as executor Of the
last VIII and testament Of Eliza Hold
ing. deceased. late of Wake county I
hereby notify all persons having
claims against the estate to present
them to me on or before the Sth day
of April, 1906, or this notice will be
pleaded in bar of their recovery. All
persons indebted to the estate will
please make immediate payment to
me.
This 9Th day Of .April. 1905. ri
Il. c. G12ISSOM, Executor.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1905-05-19
Monument to New Jer-
sey's Dead.
Continued from Page one.)

cease, the visitors seeking to be ear
.ried away by the orators almost in
spired eloquence.
There was an almost similar dem
onstration when he said, You have
placed this monument in North Caro-
lima soil and it becomes q sacred pa t
of her. Two months ago [ wrote
your Governor that your State could
place any Inscription it wanted OH 1t,
for. knew brave men never hit below
the belt, and so it has proved, and
I tell YOU now that if there is a vandal
in Craven county, and know there
is not, or one such in North Carolina,
which God grant there is not, who
with impiouS hand would chiSel out
a line or mutilate curves of that glo-
rious memorial to your glorified dead
so long as God gave me authority or
power | would have him hunted down
and punished and no prayer for elem
cncy could stay the execution of TIE
law and the full eXpiation of its stern
decree"
There was not a hitch in the ex-
ercises and the day was perfect. In
tine afternoon the visitors were driven
over the city, whose citizens have
been unremitting in their attentions
and magnificent in their hospitality
to all.
The events of the day closed with
a banquet, given to the State officials
of North Carolina, by the veterans
of New Jersey.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1905-05-19
Statement
LINCOLN BENEFIT SOCIETY OF
RALEIGH, NORTH CAROLINA.

1(4AA-EEAHIt, NOIAllI NA1AOaIAN<As
Condition December 81 1904 as
Shown by Statement Filed.
Amount of Net Ledger Assets De-
ccmber 31st of previous year, $1,000.
Income-From Policy-holders, $3,-
225.92; Miscellaneous, $50135; Total,
$3.727.27.
Disbursements To Policy-holders.
$402.30: Miscellaneous, $2,325.23;
Total, $2,727.5S.
Assets.
Cash in Home Office and de-
posted in Banks. ......$ $4,000
Agents debit balances. 1870. 170.75
All other Assets. detailed in
statement .............. 526.ol
Total ............. $1.O7S.s2
Less Assets, not admitted $1,000
Total admitted Assets. ...$ 54S.22
Liabilities.
Losses in Process of Adjust
ment or Reported. .....$ 215.0O
Ledger Liabilities ....... 906.4O
Total Liabilities as to Policy
holders .............a.......$ l,l2l.fO
Balance on hand to protect contract
in addition to right of assessment, I'M
der following funds:
Emergency Observation-Disclosures. 1900
All Business in North Carolina i'm 1904.
Policies or certificates in force De-
cember 81 of previous year, Number,
G5; Amount, $10,100.00.
Policies or certificates written or re-
vived in 1894, Number, 749; Amount,
$114150.00.
Policies or certificates decreased or
ceased in 1904, Number, 1853; Amount,
72.109 90.
Total amount premiums or assess
ments collected or secured, $500
Losses and claims unpaid at begin
ming of year $4,000; Incurred.
$315 800; Paid $4,000.
President, Samuel II. Wick.
Secretary w. Lee Person.
Home office, 4 Davie Street, Raleigh,
n. G.
General Agent for service, Officers Of
Company, Raleigh, N. G.
Business Manager or Organizer for
North Carolina, Home Office. Raleigh,
n. c.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1905-05-19
State of North Carolina.

III9 NJ fLIIt-t7 IJN IJdLI IIIiFIIIF
Raleigh, May Is, 1905.
I. James r. Young. Insurance Com
missioner, do hereby certify that the
above is a true and correct abstract of
the statement of the Lincoln Benefit
Society, q Fraternal Order. Of Raleigh.
N. c., filed with this Department.
showing the condition of said Com
pany on the S1st day of December.
1904
Witness my hand and official seal,
the day and date above written.
JAMES r.. YOUNG,
Insurance Commissioner.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1905-05-19

The Atlantic and North Carolina
Railroad will on each Sunday until
further notice, sell round trip tickets
for Sunday trains only, scheduled to
leave stations before noon. from all
stations to Morehead City and Beau
fort, N. c.. and return at the follow
ing Excursion rates:
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1905-05-19
Co., SCENIC MIC ROUTE Gg1E

SOUTHERN RY. TRAIN, leaving
Raleigh $40 q. m, and Durham 9:35
a. m, arrives Greensboro Q noon and
Iynchburg 3:45 p. m; connects with
C. & o.. leaving Lynchburg 4:10 p. m.
daily Twill wait 80 minutes for connec-
ton. il passengers are reported) and
arrives Va. Hot Springs 1912 p. m,
Cincinnati a. m, Chicago $3.50 p. M,
ST. Louis 6:2S D. m.
ParIor Car I.ynchburg to Clifton
Forge.
Pullman Slesping Cars Clifton Forge
to Cincinnati, Louisville, Chicago and
st. Louis, connecting at these cities for
all points in Northwest, West and
Southwest.
S. A. +. TRAIN, leaving Raleigh
1850 a. M, and Durham 1905 a. m,
arrives Richmond 4:55 p. M, and con-
meets with G. & o., leaving 10:45 y.
m, with Pullman Sleeping Car to Gin
cipnati and Cincinnati to Chicago and
st Louis.
For Rates, Tickets, Pullman Reser-
vations and detailed information, app
ply to your ticket Agent, or address
w. o. Warthen, d. p. A., c. & O. Ry.
Richmond, Va.
Fl. w. FULLER. @. p. A.
c. T.. DOYLE. General Manager.
Feb 10. 1905.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1905-05-19

done on most conservative lines, and
in this conservatism, we should be
united. The placing in our hands by
the public, of hundreds OF thousands
of dollars, is a high honor to us, for
it implies not alone absolute conf
dence in our fidelity, but confidence
in our business sagacity, as well.
jealousy to guard such interests is
no less than a sacred duty, and ii be-
hooves US to throw around our banks
every protection possible. An i'm
portant step in this direction has al
ready been made by our association.
in demanding expert examination, and
1 am pleased to agree with the News
and Observer, that we have inaugu-
rated a system Of State bank eXamina-
ton, that is not surpassed by the ma
tional government, or any State. In
this We are sustaining the we'll merit
ed reputation of our good State, for
prudence and conservatism. l believe
We should so further and petition the
Legislature to enact a law making it
felony for any bank officer to deal
i'm futures on margin. And it should
be our constant aim, first of all. to so
entrench our position, that failure
would become impossible; for the
failure of one. from whatever cause,
whether from msmanagement or dis
honesty discredits us all.
1t has seemed expedient to those
who make our laws tc limit our in
terest charge to per cent. If we,
among ourselves, cannot agree upon
a conservative limit of interest pay
ments. it may seem expedient to these
same law makers to do SO for us, and
l, for one will not object to it.
President Johnson's Paper.
The paper of President Charles r.
Johnson on Savings Banks" which
was read by the secretary, is in part
as so..ows:
"A large capital is neither neces-
sary nor desirable for a Savings Bank.
Some of the most successful institu-
tons OF this kind in the country have
no capital whatever. The standing
and popularity Of savings bank rests
mainly upon the character and in
tegrity of it's officers and directors
particularly is this true with the peo-
ple-the wage earners-who. after
all, as stated above are the patrons
most to be desired.
TN my opinion. the business of a
savings bank should be confined as
far as possible to it's immediate COM
mun{ty, with no ,entangling alliances
With country or Metropolitan banks
agement should be safe and economi-
cal, and it's funds never used in aid
of large and speculative enterprises
no matter how inviting they may APP
pear at the time. Large loans, ex-
cept upon gilt edge security. should
be avoided. In fact the loans
should be upon a high plane, and as
much as possible in the interest of
the depositors; always provided, how
ever, that such loans be consistent
with prudence and safety This
loaning to the banks depositors pro-
NOTES a unity of interest very bene-
fetal to the institution.
Every town and city of any size,
whose population consists in any great
degree Of wage earners should have
one or more savings banks. Factory
towns should always have them. A
savings bank greatly helps the bust
ness Of any community by bringing
into circulation and use money other
Continued on Page Seven.)
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1905-05-19
CURE SICK HEADACHE.
CANCER CURED.

We want every man and woman in
the United States to know what we
are doing. We are curing cancers
tumors, and chronic sores without the
use of knife. and are indorsed by the
Senate and Legislature of Virginia. II
you are seeking cure, come here an6
you will get II.
We Guarantee Our Cures
TIE JKELI4ANi CANCER HOSPITAL
Rtchmond. VIA.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1905-05-19
President Fries Annual
Address.

Continued From Page One.)
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1905-05-19
From

Tickets good only ON date of sale.
E. A. MEL, Traffic Manager.
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1905-05-19

WELCOME TO COL. HUFFTY.
GO!dsboro's Former Provost Marshal
Gets Many a Glad Hand.
Especial to News and Observer)
Goldsboro, n. c. Nav 1S-Within
The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1905-05-19
Sunday Excursions to Morehead City
and Beaufort

Insurance OBSERVATION-DISCLOSURES
The Colorado statesman., 1905-05-27

Allen G. Falling and Mrs. Mabel b.
Chinn have at last decided to confess to
the public that they are one. Many,
have been the rumors during the past
few months of the marriage of this
couple, but the founders of these rumors
being unable to produce definite infor-
nation and both of the contracting par
ties made such fiat denials until the
public has been left in suspense. Last
lSummer Sherman Overton, foreman at
: the Denver Club, received a message
from Mr.. Falling, stating that he had
been called to Oklahoma to attend his
sick father and would not show up for
. work the next morning. Instead of a
sick father it was Falling's sick heart
that called him suddenly away and it
could only be cured in st. Louis whith-
er the woman of all women to him had
gone to see the sights. Soon after his
arrival, Falling gained the handsome
widows consent to be his better half
and the pair stole quietly away to East
st. Louis, ILL.,, where they were united
in marriage on the 28th of last Septem-
ber. Mrs. Falling is graduate of
Howard University, Washington, d. c.,
with unusual musical talent, while Mr..
Falling is graduate of the famous Tus-
kegee Institute and is soon to become a
clerk in the Denver post-office. Both
Mr.. and Mrs. Falling state that their
marriage was kept "a secret for reasons
best known to themselves.
The Colorado statesman., 1905-05-27
The Strong Company.

Denver, Colo, May 8, 1905. The
Union Mutual Benefit & Life Associa-
ton. Arapahoe Bldg, City. Dear Sirs:
Your check for s27.10, in full dis
charge of my claim for illness, has just
been delivered to me and desire to ex-
press my appreciation and entire salts
faction of the adjustment as made. In
my opinion, the Union Mutual is the
leading company in the West.
EFFA A. JACKSON,
1922 Welton street.
The Colorado statesman., 1905-05-27

Summer vacation rates via Union Pa
cific. To Lewis Clark Exposition, Port
land; to Tacoma, Seattle, Bellingham
Victoria and Vancouver, $4,000 for round
trip, May "a to Sept. 30, and on certain
dates s61.00 to Portland and return, one
way through California, stop overs any
where, tickets limited go da, S but not
later than Nov. 30 Descriptive litera-
ture and full information upon applica-
ton. J. G. Ferguson, Gen. Agent, 941
18th street, Denver, Colo.
The Colorado statesman., 1905-05-27

Summer vacation rates via Union Pa
cific. To all Missouri river points,
Kansas City, st. Joseph, Omaha, ETC.,
and intermediate points east thereof to
and including Memphis, st. Louis, Peo-
ria, Chicago, Milwaukee, Duluth, St
Paul and Minneapolis. May 81, 30; June
3, 5, 6, 10, IL and 13 and July to 10 in
elusive at one fare plus $500 for round
trip. Final limit October 81. J. G.
Ferguson, Gent. Agent, 94l 18th street,
Denver, Colo.
The Colorado statesman., 1905-05-27
The Big Company.

Denver, Colo, May.'9, 1905. The I'm
ion Mutual Benefit & Life Association,
City .Gentlemen:-Thea adjustment of my
claim for accident, amounting to $1,000,
check for which has been duly received,
meets with my hearty approval. 1 can
not praise your management too highly
for its prompt and honorable business
methods.
Mrs. M. j. ALLISON,
1916 West 18th avenue.