Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1910-01-11
Scraps and facts.

B. Hayne, who are credited with be-
ing among the leaders in the bull
campaign, which, Of late, has taken
profits estimated at $1,000,000, were
on the floor Of the exchange. as active
figures in one of the most exciting
sessions in it's history. May cotton,
which recently has been as high as
1913, dropped as low as 15.32;; March
touched 1906 as its lowest point,
while July opened at 1880, dropped
to 1882 and closed a point higher.
May closed at 1884 and March at
1911. The bears fought bitterly and
sold at an enormous scale, several
brokers each selling $4,000 bales. The
bull element, seeing the drift Of
things, took profits on large line Of
cotton, probably with the idea Of al
lowing the shorts to sell themselves
into a hole, and the slump Of 81 to 81
points resulted.
- WASHINGTON, January 9: Former
President Zelaya Of Nicaragua, II his
extradition from Mexico Is asked for,
will be treated as any other foreign
citizen in the latter republic, existing
treaties between Mexico and Nicara-
qua and the Mexican laws on the sub
ject being taken into careful consider
alton. This was the declaration Of Se-
nor De La Barra, ambassador from
Mexico to the United States, who ar
rived here today on his return from his
country Absolutely no change in the
friendly feeling which existed between
Mexico and the United States previous
to the flight of President Zelaya from
Nicaragua has taken place, according
to Senior De La Barra. The two coun-
tries are as one, he asserted, In their
desire to bring about in the wisest
possible manner a resumption or
peaceful conditions in the Central
American republic and a situation
whicn will mean safety and security
to American and Mexican interests and
subjects in that country. The ambas-
sador will pay his respects to Secreta-
ry Knox and possibly arrange a date
for a conference regarding the future
Joint action of his country and the
United States in dealing with the res
toration of quiet and peace in Nicara-
qua.
Although most Of the big New York
corporations are making arrangements
to pay the new corporation tax imposed
by the Federal government, says dis
patch, plans are under way for strong
legal fight to test the constitutionality
Of the law. Few, If any, Of the compa-
nies will attempt to evade the tax, but
their reports will be filed and their
payments made under protest. Morti-
more F. Elliott, general counsel for the
Standard Oil company, in statement
given out last Friday said: There is
little doubt that a test will be made.
probably by combination Of interests.
So far as We are concerned, We have as
yet made no definite decision. There
is stu plenty of time" The head of a
firm Of corporation attorneys which
has been studying the law, said: The
government has been caught in bad
dilemma. The tax law as framed and
passed is unjust and will not work out.
On the other hand, 1t is impossible to
sustain the Interpretation Of the treas
ury department because 1t Is not the
law. A serious drawback is that many
companies will find little difficulty in
avoiding the law. They can eliminate
the tax by seeing that at the close OF
the year they have no excess of in.
come. Profits may be accumulating In
the form Of increased capital, but these
cannot be taxed under the law"
Washington, January s: The cotton
crop of the year 1909 is going to be
the smallest since 1899, according to a
statement Of w. D. Hunter of Dallas,
Tex, expert of the department OF agri-
culture. IT is due" he said, in ad-
dressing the house committee on agri-
culture, TO the yeeyil in Louisiana
and in portions of Arkansas and Mis-
sissippi, and to the extremely dry
weather in Texas" The boil weeY4
he declared. would cause a remarkable
redistribution of the production OF cot
ton, first in large areas. What were
large centres of production formerly
were going to fall down and more than
that there would be a redistribution on
toe small plantations. In the large
back from the front areas" Mr.. Hun
ter continued, the production is going
to fall Off According to all we know
about fighting the boil weevil cotton
can not be planted profitably in such
situations as those back lands, with
Door drainage. But the soil and Other
conditions in certain parts of almost
every plantation in the south will per-
init the planter to continue to raise
cotton profitably, despite the boil Wee
vii. Recent experiments with a new
kind of poison-powdered arsenato Of
lead-seem to indicate that even whers
che weevil Is most numerous certain
degree of control may be obtained"
- Tallahassee, Fla, January 8: In a
struggle early today with two safe
blowers. Paul Saals. II years old, son
Of ]. NJ Sauls, the night watchman at
the postoffice building, shot end killed
them both in the basement of the
building. The boy was only slightly
wounded. The two cracksmeB, both Of
whom were white, have not been iden-
fl6ed. Young Sauls was on duty for
bis father and was in the basement
when he heard a knock at the door
and going by q cot. took up pistol be-
fore answering. When he reached the
door some one on the outside shouted
that mail pouch had been picked up
in the street and he opened the door 70
receive it. Instead, according to the
lad's story, he found himself looking
into the barrels of two pistols and the
order came TO hands up" My hands
came up as they pounced upon me-" he
said, and as they tried to bind me
with a rope, | managed 70 get my pis-
tol in a strained position and fired.
The shot evidently took effect, for only
one of the men clung to me. l thep