davidaulloa/AmericanStories huggingface dataset:
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1908-04-14
SPECULATIVE MARKET.

The exchanges are still hammering
down the price of cotton, notwith
standing the fact that very little is
being offered for sale. An Associated
Press dispatch of last night from New
York summarizes the developments in
New York yesterday as follows:
New low records were made in the
cotton market today with May con-
tracts selling below 9 cents, the low
est level reached since September. 1906
The market closed with prices only Il
little up from the lowest, at net de-
cline of 23 to 2S points. although the
final tone was steady. Sales were eS-
timated at 100000 bales.
The market opened easy at a decline
Of S to points in response to lower
cables. continued good weather in the
south, reports of large supplies in the
hands of European Spinners, talk of
increased acreage and apprehenSiOnS
regarding the amount of unmarketed
cotton in the interior of the south.
There was no sign of liquidation by
the Wall street clique at first, but
neither was there any support from
that source, and the market gradually
worked off until heavy stop loss orders
were caught under which May broke
to SOC: July to 9.02 and October to
900. or % to 80 points net lower. and
2S3 points below the high level of last
January Around these figures, offer
ings of distress contracts were per-
ceptibly smaller and there was con-
siderable covering. but the market de-
veloped little rallying power, and closed
within. to > points of the lowest.
Southern spot markets were unchanged
Ia 5c lower. Local traders were rath-
rr nervous over the spot situation and
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1908-04-14

Hobson again reverted to the alliance
between Japan and England and hint
ed at possible uniting of the forces
of these nations in Canadian waters
Mr.. HObson went so far as 10 say that
$50. 900. 600 i'm battleships would have
enabled the United states to force Rus
sia to evacuate Manchuria at the time
she agreed to do so, and in that case
the war between Russia and Japan
would have been aVcrted. "fhe war
clouds are gathering" Mr.. Hobson
said, but America could by carrying
out a legitimate national policy pre-
vent it, It is not a vision, it is not a
dream. You and | can do it. Let's
begin by authorizing four ships this
year at the least"
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1908-04-14

If the cotton mills shut down. II
must be taken purely as matter OF
business. If they are where they can
make no money. it is the right thlng
for them to shut down. OF course, IL
is hard on the operatives; but what
else is there for it. There is no sense
in the mills running themselves into the
hands of receivers. with eyes Wlue
omen. And if the cotton producer fails
to take the proper lesson from the sit
uation, he has only himself to blame.
The sensible thing for him to do is TO
devote himself as far as possible to the
production Of other crops. The best
thing is for all the producers to pull
together in the direction OF curtall-
ment: but in the absence OF general
the individual will find all
the more reason why he should go slow
as to himself.
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1908-04-14

were inclined to await some indication
as to the effect Of the break in futures
on interior holders.
Receipts at the ports today 1921
against 1896 last week and 1926 last
year. For the week 10000 bales
against 99,S99 last week and S3.695 last
year Todays receipts at New Orleans
$50 against 1925 last year. and at
Houston 1894 against 1892 last year.
Spot closed quiet. 10 points lower;
middling uplands 1910; middling gulf
l0.35:no sales. Futures opened ana
closed steady
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1908-04-14
A WORTHY MOVEMENT.
More Corn and Bigger Crops Mean
Much For York.

YCrNville, s. G., April II. 1908.
The Yorkville Enquirer:
While not Il member of the Farmers
Union | endorse every good move they
make. | see that subscription is
asked To promote most important
along the line of growing
more corn and bigger corn crops for
old York. ! will subscribe 80 for the
corn fund. Very truly.
w. II. HerndOn.
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1908-04-14
LOCAL LACONlCS.
Will Sound Calendar Tomorrow.

Judge Watts will sound Calendar
tomorrow afternoon at 5.45 o'clock.
Lost Mules Found.
Charlotte Observer. April IA: Two
valuable mules belonging to Mr.. w. n.
AShe Of Rock Hill S. c.. disappeared
from the livery stable at the old
market place Saturday night or early
morning. A vigorous search
was instituted which resulted in the
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1908-04-14
YORKVILLE, S. c.:
TUESDAY, APRIL II, 1905.

WITH the mills declining to buy and
the farmers declining TO sell, the con-
tract gamblers of the cotton exchange
are able to put the prices of cotton as
low as they please without let or hind
r00op
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1908-04-14
= Shiloh, Tenn, April 10: Cove

- Shiloh, Tenn, April 10: Govern
or Johnson and staff and fifty promi-
nent citizens of Minnesota today attend
ed the dedication of the monument
erected to the memory of the Minneso-
ia soldiers who fell here during the
civil war. Governor Johnson made the
dedicatOry address, in the course of
which. after eulogiZing those who gave
their lives for the preservation of the
union of states. he took exception to a
recent ruling of the supreme court OF
the United States because ii would in
augurate Il new relation between the
national and state governments. The
governor referred to the ruling which
nullified the Minnesota railroad rate
law. He then made a plea for the
preservation of state rights because
the very theory of our government is
based upon the right of the states to
control absolutely their own domestic
affairs. Eliminate this principle of
government" said the governor, land
you clOthe the Federal courts with
power to supervise and control the Of
fetal action of the states as though
they were dependencies or provinces.
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1908-04-14
Chr 1torkrillr enquirer.

Entered at the PostOffice in YorkVllle
as Mail Matter of the Second Class.
New-York tribune., 1908-02-05
SAYS ROCKEFELLER DIDN'T AID BANK.
Former Official of National Bank OF North
America Denies Rumor.

A former officer of the National Bank % W.
America said yesterday that 10 his kno"leose 't
hank had never borrowed a bond from Iohh ~
Rockefeller Report had 1t that MI flocheIeii'
Rad loaned bonds TO the value OF SlVv"D 10 tie
hank before its suspension. and that ms alto'
nevs were making a fight to get the bonds pack
The same official added that the bank DID no1
borrow a single bond of ANYBODY during the hnan-
otber fnsnciers offered bonds worth millions OF
dollars 10 the various New York banks to enaple
them 10 obtain government deposits. He said fur
theruorr that the bank never borrowed bonds dl-
rect1v but always through brokers, and therefore
never knew the names Of the actual owners CT
the bonds The last bonds borrowed by the bank
we're borrowed early last summer and came from
brokers'
Charles A. Hanna. the receiver for the bank, re-
fused TO discuss the matter or to say whether Mr
Rockefellers attorneys had been TO see him in re
gard the return of any bonds. Those familiar
with recevership proceedings in the case OF ma
tlonal banks laughed however at the idea Of Mr
Rockefeller or anybody else trying to get back
bonds loaned TO a suspended bank which had been
pledged with the government for deposits of pub
lie money. The government in such case is mere
IN a general creditor like any other depositor. but
is. of course, fully secured against all possible
loss. j can sell the bonds wait until the
receiver pays UP the deposit
AS it is generally expected that the National
Bank of North America Will pay 100 cents the
dollar. all persons who have loaned bonds TO the
institution will doubtless get them back and suf-
fer no loss
New-York tribune., 1908-02-05
FOR CANAL BOND SALE.
Conference at albany Considers
Udys and Means.

Albany Feb. "A meeting of representatives OF
commercial organizations in various parts OF ths
state convened here this afternoon 70 cohsioN'
means for facilitating the sale of state canal bonds
in the interest of accelerated barge cahai "o'N'
George Clinton, of Buffalo. presided
Among the suggestions for amendments to exist
ing laws were these: All deposits secured by state
bonds to be exempted from the payment OF interest
10 the state or other authority; no reserve TO oe
required against deposits secured by such bonds
at least one-half of deposits of the state or depos-
its under its control be secured by state bonds'
state bonds he accepted for security; 10 exempt
ownership Of state bonds from inheritance TAX
amendments TO the insurance law so that at least
one-haIf of security required from companies shall
he in state bonds. apply to all deposits OF Sc
crrt;es or subsitutions after April next: depos-
its with Superintendent Of Banks to be at least
one-haf in state bonds: no reserve 10 be required
against bonds half Of deposits of state banks
o raised ''at least $4,000 to be In state
bonds; wherever security of any sort is required
by the directed by statute the security TO
be in state bonds some scheme whereby savings
banks may receive deposits in proportion to the
of state bonds held: such deposits to be
without interest and the profit TO go TO tho general
good of all of the depostors.
All of the suggestions approved by the
meeting with the exception of the last. under
which savings banks might receive deposits in
proportion to the amount of state bonds held
which referred to a special committee.
committee of appointed to confer
with State Controller Glynn and. with his CO.
operation. to urge the Legislature the need
for passing such legislation will be necessary
to expedite the barge canal work. This committee
is made up of George Clinton and Theodore s.
Fassett, of Buffalo, Gustav H. Schwab and Nc
DougalI Hawkes. of New York; Frank S. Wither-
bee. Of Port Henry; Frederick o. Clark, of Oswe
60 and Mayor Neuman Of Ithaca.
A suggestion was advanced and approved for the
committee to consider the advisability of propos-
ing an amendment to the constitution to
give the Legislature authority, under conditions
such now exist, change the of interest
state bonds.
resolution adopted strongly disappearing
the suggestion made recently to permit the pay
in lieu of currency
New-York tribune., 1908-02-05
STANDARD NOT WORRIED
Press and Public Wrong, Counsel
Sans about Presidents Message.

=, z Elliott counsel of the Standard Oh No
49,. .oId Yesterday that the press and puoic a., or
Generally OF the impression that the stahaaiu Va
Comnanv was badly hit in the Presidenl ~ ~
.,e bv ihe publication of the CHAMBERS ie
contained in that document. authorized the ioiio"
ing statement:
That is enlphaticaIIy not So The ChaIloeIs 80,
tor refers TO a matter entirely OUTSIDE lhe .,ts
of STANDARD OIL I perhaps now Ilie cta a,rtH
take arises The President in discussing ane a 3Sf
Fe lime and cement case heard before Juose 81 :.
born and the Chicago Alton case asalisl stre 90
STANDARD Oil Company Of Indiana, hearo s psloiT
Judee Iands. introduces the letters OF IaI.1 i.I
IIanev and Edward Chambers, which deal Win a
totally different matter. The hasty readei Hllsl
we'll heIjeye that these letters We're hearing out
III Presidents views Standard Oh III iace
they do not ~ .ha Chow,
hers letter and that Chambers letter Is eApiaI1f-
tory of the Santa Fe Railroad giving q rale 10,
the carriage of oil owned by the Associated Cl
C'oropany within the State Of Caifornia-an IN
trastate rate. and not related TO interstate COM
rnerce The Associated OIL Company Is Cen.or-
nia CORPORATION. in which the Standard Oh COM
pany has not nor never has had any interest or
ownership whatever. 1t has possibly escaped no.
tice that in the Chambers letter itself the Asso-
ciated OIL Company is spoken Of as in competition
with the Standard Oil Company. That is true: II
is said to handle 10 per cent of the crude Oh! or
the state. AS you will see. then, close reading
OF the Presidents message Will clear I'D the point
without the facts / have mentioned. 1t does not
concern the Standard Oil.
New-York tribune., 1908-02-05
SPINDLE IN SCHOOL SITE 2
Bitter Attach' Made on Bill at
Hearing.
TBy Telegraph 20 The Tribune


Albany Feb 4-Charges that the state being
feeced were made in bitter attack on the Sc
lection Of a site in Dutchess County for the New
york State Training School for Boys before the
Senate Finance and Assembly Ways and Means
committees this afternoon.
Interest centred principally in the statements Of
g F Rogers a real estate agent of Poughkeepse,
who showed that the assessed valuation OF the so
acres on which the state has options is S3i515.
whereas the options amount TO s9s 600. In support
of his argument that the state being feeced,
he nointed out that the individual properties
sold in 1905 for $500 that the option given by
the commission headed by Homer Folks was $4,000.
Another piece was sold for $500 to which. Mr.. Rog-
ers said improvements costing about 900 have been
made and the option is s7,l0o Still another piece was
sold in 1886 for $500 and Mr.. Rogers said that the
improvements made since would not exceed A,U0.
The option is So1 900. Discussion centred about
the chief piece of property consisting of 29 acres,
for which there is option of $4,000. Mr.. Rogers
said that offer made two or three years ago
bv the owners to sell for $4,000.
Appearances were made against the bill by the
representatives of wealthy owners of homes bor-
derng on the Hudson. who object TO having a
penal institution near their property.
President Taylor Of Vassar College also spoke
against the bill touching on the social side of tho
matter and referring TO the possible detrimental
effect it would have on the college and the girls.
Homer Folks defended the action OF the special
commission appointed select site. and declared
that the options represented the fair value of the
property. He quoted voluminously from opinions
rendered by attaches of the State Architects office.
New-York tribune., 1908-02-05
AMENDS INSURANCE Law.
4ssembtyman Hamns Bill Deals
7Cifh Investments.
Try telegraph to Tho Tribune.

Albany. Feb. 4-Assemhlyman Hann, chairman
of the Committee Insurance Of the lower house,
introduced to-day measure amending the insur-
anCe laws 10 investments held by life insurance
companies, which Is designed to help out the
Mutual, the New York Life. the Equitable and 9TH
ers. which hold bonds of the Third Avenue Rail
read Company. The bill which originally
from the big insurance companies. has been modi-
fed somewhat TO bring in few proper resriC-
tons. At present ii is drawn permit them to
protect their investments.
life insurance company holding securities un-
der his bill may enter into agreement to pro
tect its interest in these securities reorganze
company which issued these securities or to de-
post the securities with committee deposita-
ries appointed under the agreement. This agree
ment and the deposit first must be approved by
the Superintendent OF Insurance. The company
also may accept corporate stock, bonds or other
securities distributed pursuant such agreement
or plan of reorganization approved by the super
intendent. IF any Of these securities consist OF
, stock. bonds obligations of a corporation not
secured by adequate collateral. or If one-third Of
the total value of the collateral consists shares
of stock the securities received shall he dis
posed of within five years such further time \
may be fixed in writing by the Superintendent of
Insurance.
New-York tribune., 1908-02-05
TRYING TO FORCE JEROME TO ACT.
Metropolitan Street Railway Stockholders
Committee Sends Out Circular.

what is 10 be done about it," asks the Metro
po,an Street Railway stockholders protective
committed Of which William F. King is chairman.
in circular issued yesterday for mailing 10 5000
business firms in connection with its attempt to
force District Attorney Jerome 10 take some ac-
ton on the scandals in the former management Of
the company.
The Metropolitan Steal says the circular. is
OF such magnitude and character that II has at
last brought the guilty ones to the end OF their
tether and 50 aroused public indignation that there
is universal demand that the offenders be COM
PEELED TO disgorge their illgotten gains and go 10
iail TO expiate their crimes, lesser criminals are
forced do
District Attorney Jerome is handled without
gloves II is declared he has arrogated TO himself
the functions of both Judge and jury in reviewing
the evidence OF crinnality placed before him. lie
is said TO have refused offer Of funds for a
Metropolitan investigation. If he would appoint a
special district attorney selected by the committee
New-York tribune., 1908-02-05

Louis Heih Buys an East Side Tenement
House for $4,000.

In the Real Estate Exchange SaIeSroornS YES
terday Joseph p Day sold at foreclosure No a.
Allen street. five story tenement house with
store lot 25x65.7 feet. to Louis Helm for
s%i055I The amount due about $1,000 He
also sold at foreclosure No. 1869 5th ave six
story dwelling house. a plot 27xIO2.2 feet to
Joseph Hamershlag, the plaintiff. for s241tTS
The sum due about $4,000. subject To four
mortgages aggregating about s314.0O0. lie also
sold at foreclosure plot so I0x99 Ok 70 *
80 feet, the north side Of Burnside ave NS ;
feet cast of Anthony ave. to James A. Regain the
defendant, for $1,000. The sum due vas about
$500 He also sold in partition proceedings the
casterly half of plot 50xI14x irregular on the
north side of 234th street. west of Old White
Plains Road. TO Oscar Heimstadt for 81 $50 and
the westerly half to Mrs Mary SiIjnsbi for $3.50.
Tho sale of No ~ West 79th St a IeasehoId
was adjourned to February II.
Samuel GoldstiCkeT withdrew from the mar
ket parcel 25NS5.' feet. on the north side of
Tacoma st. l.5 feet east Of st Lawrence ave
The auction offerings for 70 day viii he as fol
lows.
Aq5;'eEa4m P szle2 stasls vol sale e
lois, St i x75 story and stSfs n ay waTs,sT gST
4 l Tos eI ref s: am, mt d dud n SIS s a. { a1cs l. a'ys ss
81 ~; I,9, dat 70 iZss Sd avs : 100 # Of 10Th
Goldsmith agt Northwestern Realty Co ct al; acton
liz T'' ia y @ avs HhsF: @ @ 70 5s & Hm5 s5 ds SOL
s g tas 81 action Ss 'os ss Pe ana at so5s e s
2s G3; taIss stS S2'91s & o. SIl 20 81 linton
same. action 3. same attvs.
ref amt due $5Hb1 81. etc SEQ 81: 271O
2I2t Sth ave- cor ltith 81 i59 loxlto. story
h and stores atty5-
ref: amt due sot9-I ~: taxes. etc. $. $50
By JossPh p Psy 3syio Sogths5n BTuSyard a5
60 agt Abraham Greenbers al: action /: Dean att
ss.99 -: southern Boulevard 400 II Barretto
81 vacant same. action . S.rTa
atty. ref amt due s165o u: etc S. al9 Z.
ny nugh D smith; ns3 xd. hi;th st. ia TO is6 eI5 &;
Iowenfet al agt Harris Kahn al: Arnsten q
attys samson Lachman. ref slG 5s 81 tlxe. -
etc. 2Uo4 -. .
I;y Bryan + Kennedy: 10th n cor OF atItb .,
% IIxloo also nth st. $50 II ION ave 5or
II aIse, broadway. 81 tIx..~,..
~, > vacant; Michael kegan agt ] ] Nnonsv - -,
irrnrl paiy atty. + II Bowling ref amt due Si- 100 a.
SG..2to
New-York tribune., 1908-02-05
KELSEY MEN CHEERED
Hear They Can Saue Superintendent
Uithout Great Trouble.
rBr T.Iaosrh to Tbs Tribune

Albany Feb 4-Word went round to-day
a,,o,y tho legislators who sa we'd Superintendent
EeIsev of the Insurance Department last year
that If they came to his defence again they
could save him this time without great cost to
themselves and administer crushing defeat TO
the Governor They seemed greatly cheered az
The p-ospect to-day. and some who were dis
tinct pessiuists when they first read the FIem-
ing report now predict the Governors oowntah
if he tries to remove Mr.. Kelsey.
All this confidence seems to be based on the
belief that Kelsey's fate will be made a political
issue in the primary fights and the Congress
district conventions to name delegates TO the Re
nuhlican National Convention. More than that.
+ber. is again talk that the insurance compa-
MES may come to his rescue in various ways as
anti-KeIsey men charged many times last year
Various informal conferences of the Kelsey
Senators were held last night, and to-day
Speaker Wadsworth, who cid his utmost TO save
Mr. Kelsev's official life before. had long talks
with Senators Hooker and Tully. The Speakers
friendship for Mr.. Kelsey is one OF the factors
in the present situation. Some of the latters S
friends say privately that TO get the Speaker on
their side in the fight for control OF the state Or
yarization Messrs Woodruff, Parsons and
Barnes would swing their Senators in line Tor
Mr.. Kelsey Most politicians here while ad-
n1itting the possibility of such a course, deem 1t
most unlikely. Hughes men declare that II the
Kelsey case became a manifest political batue
public opinion would swing behind the Governor
ten times more vociferously than 1t did last year
and end Kelsey's official life.
Meanwhile all the speculation is much ado
about nothing" so far as official basis goes The
Governor has given no indication OF When ne
will demand Kelsey's removal or that he VIII
do so at all. The general belief is that he will
suhn,it the Fleming report accompanied by a
request for Superintendent kelsey's removal, to
the Senate early next week.
New-York tribune., 1908-02-05
FIRST NATIONAL MAY RESUME.
Brooklyn Bank Receives Permission from
Controller to Reopen On February 10.

Washington Feb. 4.--The Controller OF the Cur
rency granted permission to-day the First No
tional Bank of Brooklyn 10 resume business on
Monday. February 1e, making the following an
Touncement-
The First National Bank Of Brooklyn: New York.
which suspended and placed III the hands Of
Receiver John ". Schoheld. on October % 19o-
be wing complied with all the conditions imposed by
the Controller Of the Currency the receiver has
been instructed hy the Controller to turn over the
assets the directors and TO permit the banE
reopen its doors for business Monday morning,
February 70, 1908, with the following board OF drec
tors: Marshall s. briggs, Moses May, John J.
Cooney, Joseph Huber. Samuel II. Coombs. 1heo-
doIe F. jackson, Johr W Weber, Mortimer L.
Reynolds.
The Controller states that the bank will resume
in thoroughly solvent condition with cash on
hand and available sufficient to meet al demands
New-York tribune., 1908-02-05

Magistrate Corrigan. in the Tombs court yester-
day dismissed ;hc charge of criminal libel brought
against the Rev. J. Edwin Tripett formerly pastor
of The Bedford Park Presbyterian Church. by Mrs
Nellie B Miller president the ladies Auxiliary
Society OF the church. Assistant District Attorney
Derby told the magistrate that Mrs. Miller had
agreed 10 withdraw the charges against the minis
condition that resign from the pastorate
OF the church. and he resigned.
The District Attorney. he said. after careful
examination. convinced that the charges mad,
against Mrs. Miller greundless. but that inas-
much as STE wished Ia drop the prosecution, ne WAS
willing foT IL be dismissed
New-York tribune., 1908-02-05
TO REPORT PAGE MEASURE.
1t Creates Commission to Inquire into the
Government of This City
Ia Tele--anh =. - Tril,nne

Albany. Feb AFTER adding 4 few amendments
and dressing it into shape. the Senate Cities Com
mittee voted this afternoon to report the bill of
Senator Page creating a commission TO inquire
into the government of the city of New York.
This commission succeeds a similar one which
recently passed of existence after doing work
which Governor Hughes thought profitable enough
to warrant the appointment of a successor. He
recommended the creation CT another commission,
and this is provided for in the Page bill.
Instead of eleven commissioners, as in the origi-
nal bill 1t IS proposed TO have fifteen An
other amendment permits the Governor to appoint
4 city official TO the office of commissioner