The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1910-10-23
GOVERNOR AIDING
IN SALE OF BONDS
Mississippi State Bonds Are
Going Slowly
STATEMENT rs ISSUED
c. IL. Alexander Declines to Speak at
the State Fair Grounds Owing
to the Great Many Other
Attractions
STATEMENT IS ISSUED

Jackson, Miss, October 22.--(Speeial)-
sible to create a demand and assist in
the sale of 100000 worth of state bonds
ordered issued by the last legislature
and for which there was no bid on the
day the bids were to be opened. Since
that time nearly 100000 worth have beer
disposed of to bankers and other Local
capitalists, but more need to be sold IN
the very near future. Speaking of these
bonds as an investment the governor
says:
ut can be stated authoritatively thai
the absolute safety of the Mississippi
state bonds, in the matter of payment,
promptly, of principal and interest, has
never been questioned by any dealer, or
prospective purchaser of such securities.
The rate of interest. had 1t been Il. per
cent would have secured a ready mar
ket for the bonds in any of the large
money centers, APO per cent being offered
for the whole series at par by Chicago
firm. Neither North Carolina state bonds,
outside Of that state, nor Philadelphia,
New York or Chicago city bonds, bearing
per cent interest, found any reader
market than Mississippis per cent
bonds, the city bonds having found no
purchasers at all, at par The strin-
gencv in the money market and conse-
quent high rates of interest was the only
objection that was made in any quarter
to purchase of our state bonds.
Since long before the Civil war Mis-
sissippi has neither asked for reduction,
or extension of time for it's bonds. or
other obligations. having paid them all
a. maturity. The attempt made in GER
tain quarters to have it appear that the
failure to obtain purchasers for our bond
issue, In the large money centers, was
due to the old Planter Bank bond matter,
or to suits by the state against some of
the larger corporations for violation of
the state laws, is without a vestige of
truth. The freeing of slaves and other
results of the Civil war
make the moral shortcoming of present
in that matter far less
than that of the New England and mid
die states default in meeting the obliga-
ton incurred by Congress In support of
the Revolutionary war much of which
were not paid, including services of the
Revolutionary soldiers.
IF the bankers of Mississippi would
bestir themselves. as did those of North
Carolina, the last of the bonds would be
sold before the end Of this year. The
bonds are worth more to Mississippians
than to any other people, because they
are non-taxable, and the interest coupons
are collectible without any cost whatever
even for exchange"
The declination of Hon. &C. II. Alexan-
der candidate for the United States Sem
ate to address the State fair crowds on
the LIST day of November. because of the
fact that there will be so many other
strikes his friends here
as the proper thing to do, but at the same
lime calls to mind story of S. s, Prem
.iss, the greatest orator this state has
sver known. During his campaign of the
state for the Senate back in the 30's or
los, Mr. Prentiss found himself billed
10 speak against circus in small town
N the interior of the state, and when all
sircusses travelled over the dirt roads.
Hunting -up the owner and manager Of
he circus, M Prentlss entered into an
agreement to hold joint meeting. guar
that all of his friends would
pay to enter the tent, which they did.
md for two hours the great orator held
hem and those who went to town to see
he circus spell bound. He was mounted
IN top of the lion cage. which had been
pulled into the middle of the ring. and at
intervals poked his cane through to
make the beasts roar In applause. HIS
opponent received few votes at that box,
so the story goes.
The great meteor which flashed across
he skies of central Mississippi few
Mornings since was seen at a score of
owns, and all of them seemed to think
hat the thing busted in their immedi-
lite vicinity, and many men OF many
went down back of the hill
o look for the pieces. This meteor seems
@ have Travelled nearly across the state
rom about Meridian to Jackson, though
{ was not noticed here. However, 1t did
explode somewhere in the upper regions
ibove and east of Jackson as a large
piece of the strange visitor fell at the
'eet of a Rankin county farmer, and was
sent to Millsaps college in this city, where
[ attracts great deal of attention.
Several years ago a meteor Of this
character crossed about the same track
through Mississippi, at a late hour in the
light. The light was SO very brilliant
and remained so long that all the people
we're aroused from their slumbers and
'ushed from their doors to see what was
he matter, while many thought the end
If the world was at hand. 1t exploded
aigh in the heavens with a report that
was heard all over the southern part of
The state. That meteor was also claimed
10 have fallen in Rankin county, but 1t
was never found
A regularly organized gang of postof-
fice burglars seems to be working Mis-
sissippi, Judging by the number of rob-
berries reported during the past two or
three weeks. The first report came from
Byram, In this county, where the safe
was blown open by experts. Since that
time they have been heard from at New
ton. Forest and other places. and the
postoffice sleuths have been kept busy,
but so far they have not been able to
run down the cracksmen.
The announcement that the Queen and
Crescent is preparing to run a "hog
train over its Vicksburg and Shreveport
and Pacific division, has Interested jack
son breeders, and it is possible that when
the Queen ands Crescent gets through In
Louisiana 1t will be invited and urged
to come over on this side of the river
and continue its demonstrations along the
line of the Alabama and Vicksburg and
the New Orleans and Northeastern. Mis-
sissippi is already taking q great deal
more interest in hog raising than ever
before in her history. because she has to
do so. but it is believed the visit of this
train would create a de-
mand for thoroughbred hogs and other
animals that would be beneficial for many
years TO come.
The ladies of Hazlehurst have an
the programme for their flower
show on November and ?. and which,.
as usual, will attract great number of
visitors from neighboring towns and ex-