Newspaper Page Text
] PUBLISHED TRI-WEEKL"b
Dispensary Commission Orders Him toj
Come and Give Evidence.
HAY DECLINE TO COME
He Mxy Take the Position That He
Will Respond to the. Demand Un
less the Propers Are Named by the
Legislature as First Suggested by
T. B Felder of Atlanta has been
ordered by the new dispensary com
mission to appear in Columbia on
tMay 29 and tell what he know's of
the affairs-of the old State dispen
He has been ordered "to furnish
all ir formation in his possession in
regard to any matter or matters con
nected with the said State dispensary I
against any officer of said institution
or of this State, and particularly the ]
governor of this State."
No announcement has been made
"by Mr. Felder as to whether he will
come to Columbia and give the in
formation desired. It may be .that
he will refuse to testify at this time]
on the ground that the new dispen
sary commission has no right to J
make the Investigation requested by |
the governor of the State.
In che event thajt he refuses to ap
pear .before the present dispensary]
commission, ft is likely that Mr. Fel
der will withhold his information un
til an investigating committee 13
named by the general assembly. The
resolution passed by the new dispen
sary commission is as follows:
"Us it resolved, That this commis-|
sion meet on the 29 th day of May, A.
D. 1911, and that Thomas B. Felder
of the firm of Anderson, Felder
Rountree & Wilson be required to ap
peal- before said commission on that
date and furnish them with all in
formation in his possession or in the
possession of his firm in connection
with all matters and affairs of any
and all claims due or owing to or by
the State of South Carolina from and
to any and all person or persons, in
obedience to the contract made with
the late members of this commision
in writing by the said Anderson, Fel
der, Rountree & Wilson.
"Resolved, second that the said
Themas B. Felder at the same time
be required to furinsh all informa
tion in ihis possession in regard to
any matter or matters connected
with the said State dispensary
against any offender of said institu
tion or of this State, and particular
ly the governor of this State, the
Hon. Cole L. 'Blease, in accordance
with his communications heretofore
imaie, either in person or through
?the press of this State, and .that he
also furnish any information .that he
has in his possession, showing any
connection or any dealing in person!
or as agent for others that thy saidi
Ho a. Cole L. Blease may have had
with the State dispensary directors
cr any other persons or persons con
nected with said institution.
"Resolved, third. Ibat a ropy of
these resolutions be transmitted by
registered letter through the United
States mail to the said Anderson,
Felder, Rountree & Wilson, and u
copy individually to Thomas B. Fel
det of said firm."
REV. GEORGE W. WALKER DEAD.
President of Paine College for Twen
Fi-ev. Geo. W. Walker, D. D., presi
dent of the Paine College for Ne
groes, and a widely known Methodist
minister, died at Augusta, Ga., Wed
nesday, aged sixty years. He was a
native of Marion. S. C, and a gradu
ate of Wofford College.
In 1SS3 when the Methodist Epis
copal Church of the South decided
to have a school in which to train
ntgro teachers and preachers, Dr.
Walker volunteered to undertake the
work and he was made president of
Paine College, which position he has
held ever since.
The n?gT'0 men at the school will
be active, pallbearers and the white
Methodist ministers of the city will
be honorary pallbearers at the funer
al. Bishop Warren A. Candler has
wired that he will attend the funeral.
RAVAGES OF INSECTS.
(,'i?orgia Cotton Growers Think They
Are a Menace.
Fearing that their cotton crops
may be s?riously damaged, if not
entirely ruined, by the cow pea cur
culio, which has recently made its ap
0 earance on cotton stalks in certain
portions of Georgia, W. H. Ward and
c thers of Ohoopee, Toombs county,
Georgia, has forwarded to Congress
man Edwards of that stat>^, at Wash
ington, a jar of the parasites, which
have been turned over to Dr. L. 0.
Howard, entomolcjzdst of the depart
ment of agriculture, for examination.
r'hese bugs have never before been
known to eat cotton stalks, always
confining their destruction to the
pea vine. It is .believed that, unless
something is done quickly, cotton
growers will suffer greatly when the
parasites spread from section to sec
DUE TO BRIBERY
LORIMER'S ELECTION DECLARED
TO BE CORRUPT.
Judge's Ruling in Ca-<e Charged as
Unwarranted Interference With
Perogatives of Legislature.
The report of the Heim senatorial
committee, appointed to investigate
circumstances surrounding the elec
tion of William Lorimer to the Unit
ed. States senate was returned to the
senate at Springfield, 111., Wednes
day. The most vital paints are:
A criticism of Judg j Petit of Chi
jcago, for his ruling the habeas
corpus case involving Tilden, Cum-|
mins and Benedict, and this expres
"Your committee hap reached the j
conclusion that the election of Wll-j
Ham Lorimer "before she last general
assembly would not have occurred
had it not been for bribery and cor
The- report says the committee
went-over all the testimony in the
Lee O'Neill 'Brown, Pemberton,
Clarke and'Broderick trials and also
sets forth the summoning of H. H.
Kohlsaat, publisher of the Chicago
Record-Herald, and Mr. Kohisaat's
disclosure of the fadf that it was
Clarence R. Funk, secretary of the
international Har*. ester Company,
who had told him of a conversation,
which he (Funk) had with Edwin
HInes, in which he is alleged to have
informed Funk that he had succeed
d in electing Mr. Lorimer to the
United States senate at a cost to him
and -other unnamed persons of about
Regarding the habeas corpus de
cision of Judge Petit in the cases of
Tilden, Cummings and Benedict, the
"Such action w an unlawful in
terference on the part of a member
of the judiciary with the legislative
branch of the government."
Inability to make a srrching in
vestigation when all documents alleg
ed to have been in thte hands of Til
den. Cummings and Benedict could
n>ot be located is noted.
The committee also touches on the
so-called "jack-pot" episode, but de
clares that so long as no person pub
licly connected with that matter, is
any longer a member of the senate,
no recommendation is made.
BRIDE AT EIGHTY-FOUR.
Mrs. Nancy Mima and Preston Bet
A marriage of unusual interest
from several standpoints occurred
several miles fror. Barn well at the
home of Ball Mitchell Sunday, the
14th inst., when Mrs. (Nancy Mims
was married to Preston Bettison,
Magistrate M. C. Kitchings of Willis
ton performing the ceremony. The
bride has reached her 84th milestone
of life's journey, while 71 years have
passed over the head of the groom.
This is Mrs. 'Bettison's fourth matri
nominal venture and the second for
the igsroom. The' courtship Is said to
have been very short, consisting of
only one call from Mr. Bettison. The
happy couple will make their future
home in Rosemary township, this!
county. Fifty people witnessed thei
BRYAN GUTS HIS VIEWS.
Trust Question More of an Issue Now
Than for Years.
William Jennings Bryan, while at
Toronta, Ont., on a lecture tour, said
Wednesday regarding the Standard
Oil decision: "This decision is likely
to make the trust question more of
an issue than it has been in recent
years. While on the face of it the
decision seems a victory for the gov
ernment, it virtually amends the anti-j
trust law by construirtg it to prohibit,
not all restraints of trade, but only'
such restraint a? the courts, after
each lengthy litigation, nay decide
to be unreasonable." It will be not
iced that Bryan's views coincide
closely with the opinion rendered by
?? ? ?
Died at Hie Reunion.
?Two additiontil deaths among the
veterans attending the Confederate
reunion at Little Rock, Ark., occur
red Wednesday uight. W. M. Rivers
of West Point, Ca.. after having been
taken ill at the union passenger sta
tion, died in a fe whours. W. L.
Galloway, of Paris. Tenn., fell from
the second floor of the Peabody
school building and died in a few
Auto 'Hlls Negro.
While speeding to the hospital in
New Orleans with .lames Lavin, a
painter who had fallen from a lad
der, an automobile ambulance late
Wednesday ran over and killed Hen
ry Sims, a nec;ro boy. The negro
was skating and darted toward the
sidewalk in front of the ambulance.
H^ was placed in the ambulance be
side the painter but died in the hos
Bold Masked Robbers.
At Los Angeles, Lack Doyle's
saloon, famous as a training camp
for prize fighters was held up Wed
nesday night by two masked robbers.
[The robbers str>od seven men. includ
ing a constable, against a wall, rob
j bed and then locked their victims in
I the rear yard which is surrounded by
i a fence. The bandits escaped.
Iosorgeot and Regular Republicans Get
ting Farther Apart
FEELING IS INTENSE
If the War Going on in the Republi
can Party Does Not Materialize
Now, It Will Come Into Evidence
at Next Republican National Con"
The .Washington correspondent of
The Columbia State says an analysis
of the row In the Senate over the
election of a president pro tempore
has given special emphasis to the
growing division among the senate
One thing after another is widen
ing the breach among them and there
is no sign whatever that it will be
closed. The old guard leaders on
the Republican side and the progres
sives are getting further and further
apart. The feeling between the twoi
factions moreover is getting intense.
Not a few political observers be
lieve that in the split now on there
is the forerunner of grave trouble
in the Republican party In 1912. If
such trouble does materialize it will
materialize at the Republican con
vention. Those who believe a third
party is coming believe the beginning
of It is now being fashioned in the
senate in the struggles of the old
guard and the progressives.
Senator Gallinger, nominated in a
Republican caucus for president pro
tempore, might, under the circum
stances that used to obtain in the
senate, he expected to get the Re
publican vote, but the progressive
Republicans, with the exception of
four?Borah, Brown, Kenyon and
Dixon?did not go into the caucus
and did not therefore vote for Sen
: ator Gailin jer. They consider
themselves in no way bound to sup
port Senator Clapp, one of their own
i The split comes after two years)
of constant factional fighting. Of
course there were forerunners of
trouble before the last special ses-!
sion on the tariff, but when that ses
sion was held the differences be-i
tween the regulars and insurgents j
became acute. In the seven ballots,
cast in the senate on the question;
four insurgents voted steadily for
Clapp. They were Bristow, LaFol-J
j lette, Gronna and Poindexter. Had j
i they been present, Senators Cum-i
mings, Bourne, Crawford and Works j
would have voted for Clapp.
Senator Bacon, Democrat, got 35
votes as his highest number. The!
highest Senator Gallinger got was!
32. Clapp got four votes and thej
others were scattering. Senator
Bacon narrowly escaped election but
he did not quite get a majority of
those present and voting. A fewj
changes, it is :rue, would throw thej
election to Gallinger, but it is a
question whether any such changes
In the first place Senator Galling
er is recognized as one of the lead
ing conservatives of the senate oldj
guard. The conservatives charge!
him with being strongly reactionary, j
They are fighting not Gallinger per-]
sonally, but the things he is standing
for. They insist that a man of more
liberal views ought to be In the chair
of the presiding officer of the senate.* j
JONES GOES TO PRISON
Rich Farmer of Union County Loses
W. T. Jones, the wealthy Union
county planter, must spend the re
mainder of his days in the state peni
tentiary for killing his wife, unless
executive clemency is extended.
The supreme court gave a decision
Wednesday .dismissing the appeal for
ja new trial on the grounds of after
Idiscovered evidence, and Jones will,
I be taken to the state penitentiary
within ten days to begin serving his
i sentence. The opinion in the case is
by Robert Aldrich, acting associate
i justice. The supreme court several
months aisjo affirmed the decision.
? The governor several days ago re
fused a pardon.
W. T. Jones was tried at the Feb
! ruary term of court in Union county
^ in 1908 upon an indictment charging
|him with the murder of his wife, Ma
rion F. Jones, by administering to
her or causing to be administered
strychnine poison. He was convicted
of murder v>ith recommendation to
mercy and was sentenced to the
state penitentiary for life.
Salutes an Old Warship.
AVith tli" ship's band playing the
' national air and the blue jackets
with rifle.s at "present." the United
States battleship Idaho Thursday sa
luted the resting place of the old
wooden United States war sloop Mis
sissippi, of Admiral Farratgut's fleet,
riddled and sunk by the Confederate
land batteries at Port Hudson on the
..Mississippi river during the civil
Black Hand Work.
i Early Wednesday morning a bomb
exploded in the heart of the hotel
i district of New York, and shattered
a few windows without hurting any
: body, but it caused such consterna
I tion among the sleepers in the big
! hotels that the police reserves had
i to be called out.
BURG, S. C, SATURDAY, MA\
WHAT IT HAS DONE
GREAT AND GOOD WORK DONE
BY THE FARMERS' UNION.
President Barrett Points Out What
This Grand Organization Has
Done for the Farmer.
To the Officers and Members of the
A new epoch was written in Amer
ican history when the Farmers' Un
ion became a truly national organi
zation. Other associations of far
mers had preceded it. But they
had fallen by the sword of partisan
politics or had failed to hitch en
thusiasm to the harvest?so they
I speak advisedly when I say that
the Farmers' Union is the first or
ganization in history to successfully
join theory with practice, to begin
the movement of weeding the poli
ticians from the innermost councils
of the farmer, and to impress upon
the letter that the Improvement of
his lot rests .not in the hands of some
far-off "uplifter" or hy-.by-night re
former, but with himself.
Today the world asks less for rhet
oric and more for results. This is a
very slight summary of what we have
accomplished together with a state
ment of what we yet hope, with the
aid of the Almighty and our own
courage, to accomplish:
We have 1,628 warehouses, main
ly for storing cotton. Mississippi
leads the warehouse movement, with
a million-dollar corporation.
We own and operate a large num
ber of elevators and terminal agenc
ies for the handling of grain.
We own and operate 245 packing
We own and operate dozens of
We own and operate coal mines.
We own and operate several banks,
flour mills, creameries, pickle fac
j tories, several hundred stores, an im
jplement factory, a phosphate plant,
J a phosphate mine.
We own and operate tobacco fac
tories and warehouses, produce ex
changes, fertilizer factories, peanut
(warehouses, a peanut recleaner,
many cotton grading schools, co-op
erative life and fire insurance com
Any number of other general busi
ness agencies are owned or controlled
by members of the Farmers' Union.
In this connection, It must not be
forgotten that the Union does not of
J ficially own these concerns. We
are not a close corporation. In every
j instance, ownership or control rests
in individual members, consorting to
gether for their own benefit. That
! is the true spirit of co-operation,
j Before this order was organized,
statistics showed that 70 per cent, of
the farmers in the South were
blighted with the curse of the mort
jgage. We have cut down the per
cental by one-half, and our work in
! that direction has hardly begun.
The influence of the Farmers' Un
jion is written upon many of the best
laws put in recent years upon state
and national statute <books.
In many states we have secured
radical increases in public school
appropriations. In many of the
states the Farmers' Union has been
instrumental in the establishment of
j agricultural colleges.
Other important legislation, state
jand national, now pending, is an in
dication of the resistless Influence of
j the organization among American
[ farmers. We have made systematic
! canvasses of the various legislatures,
land of several successive sessions of
' congresses. There is a new view
point in Washington toward the
j American farmer?and the might of
the Farmers' Union, demonstrated in
elections, is responsible for it.
These achievements are the out
ward sign of a great new movement
in American agriculture. But they
are not comparably Important to the
: spirit of fraternity which we have
' wrought up among the farmers of
this nation. It is fraternity, appeal
ing to intelligence, that has wrought
'this progress. And the same force
? will develop in a thousand unex
pected directions to solve the prob-j
lems of the American farmer.
Notable among the triumphs of
\ the organization is that one which
has brought a social awakening'
among the farmers. In many states'
it has brought thousands of white
women and children out of the cotton
: fields into the schools and the homes
?where they belonu. Had it done,
nothing else, the existence thus far,
of the Farmers' I"tiion would have
i been justified by this transformation,
that is merely in its beginning.
I cite these facts as the basis of
an argument that now is the time
lor every American farmer to affil
iate with this organization.
It has passed the stage of experi
ment. It is an assured, an achiev-'
'ing, permanent institution. Every
farmer, however small, who joins it,
increases his own power by the or
ganized might of his three million
If we have saved many millions for
? or.r members by co-operation and
legislation if have defeated sev
eral congressmen who were un
worthy of office, several senators who
were untrue to pledges: if we have'
gradually instilled into our people,
by gruelling, persistent labor, thej
doctrine of business methods inj
farming: if we have weeded out of
the organization some of Hk? most,
unprincipled scoundrels in the land,|
and thereby strengthened it?
Have we not the right to go before!
PEACE IN SIGHT
Diaz Announces Willingness to Resign as
President of Mexico.
BEFORE FIRST OF JUNE
De La Barn, Minister of Foreign Af
fairs Will Take Charge With Mad
ero Acting as Chief Adviser.?
Treaty of Peace Expected to Fol
low Surrender of Diaz.
Advices from Mexico City is to the
effect that President Diaz and Vice
President Corral will resign before
June 1. Francisco de la Barra, min
ister of foreign relations, will be
come provisional president ad in
Francisco I. Madero, the reolu
tionary leader, -will be called to the
city of Mexico to act v.s de la Bsrra's
chief adviser and as the greatest
guarantee possible that every pledge
made by the goernment will be car
As viewed by the public it. will be
virtually a joint presidency, pending
the calling of a new presidential elec
The cabinet will be reorganized.
The minister of war will be named
by de la Barra. The foreign oflce will
be In charge of a sub-secretary nam
ed by de la Barra. Other cabinet
members will be chosen by de la Bar-1
ra and Madero acting jointly.
A new election will be Railed with
in six months. Political amnesty
will be recommended to the chamber
These are the conditions upon
which President Diaz will compro
mise. Virtually they are admitted
in high quarters to be a complete
surrender to the revolutionists.
The resignation of Diaz nnd Ibe
"joint" regency" of de la Barra and
Madero are said to constitute a guar
antee so complete that the original
insurrecto demand for 14 governors
no longer needs to be considered.
The cabinet was in almost con
tinual session for two days and de-[
spite the severe illness of President]
Diaz. The president's entire face is;
infected from an ulcerated tooth. He
speaks with the greatest difficulty,
but while he is in severe pain, his i
condition is not regarded a? calling
for alarm at this time, despite his;
The government's conditions were
telegraphed to Judge ?Carabajal on
Wednesday afternoon with instruc
tions to submit them to Gen. Mad<?ro.
If they are accepted, which is re
garded as certain, an armistice cov
coering the entire republic of 'Mexico
will be signed. Inasmuch as the gov
ernment believes It has made every
concession that the revolutionists
have requested, it is firmly believed
that a treaty of peace will follow.
Without abating one lot of their
jadmiratlon for the man who has
made modern Mexico, the public re
celed the announcement of his In
tended resignation with profound sat
isfaction. Since the battle of Juarez
they have realized that the presl-|
dent's renunciation of his high office
alone could bring about peace. Bus
iness throughout the republic has
suffered severely and the people gen
erally were eager for an honorable!
the iimerican farmer, and, on the!
record of things done, bid him in his
own interest and our interest to join
We are entering upon a tremend
ously important era in our national
The supreme court gave a decisilon
first or reap his legitimate share of
the last, unless hie is organized.
Dc. you object to the order be
history. Organization is its keynote;
servation of energy and effort its
Whether hard timies or good times j
are ahead, the farmer will not he |
able to minimize the effect of the
cause you know some crooked cus
tomers in it? There are many such
in every religious denomination, Inj
many secret orders, one or two black,
sheep in your own family.
Does that fact keep you out of the;
church, the secret order, or cause
you to desert your family? Hardly.
It makes you more anxious to ,g;o in
and cure these evils, if you are worth
being railed a man. and not a beast.
That same influence should bring
you into the Farmers' Union, with
the divine determination to help
your brother man?and if you help
your brother man, you cannot avoid
helping yourself, and your children
and your children's children.
Some foolish people have believed
we wanted to injure the small mer
chant, and have therefor-? criticised
us, or refused to affiliate with us.
Tell such people that we do not
intend to put the small merchant, or
any other rightful business factor,
out of commission. We want to co
operate upon equal terms with the
business man. We need the mer
chant, we need the banker, the
manufacturer, the teacher, the editor,
the pn-acher, other professional peo
ple. And they all noed us, as
friends, and not as suspicious out
The greatest drawback the Ameri
can farmer has ever labored under
has been his willingness to be swayed
by the man who flattered him, and
who would not tell him unpleasant,
but wholesome, truths. This day is
passing! The farmer is learning to
THEY WANT WILSON
SENATORS AND CONGRESSMEN
SAYS HE IS THE MAN.
Wilson is Strong With Bryan, Al
though Ho Once Bolted the Tick
et With Bryan On It.
The correspondent of the Spartan
burg Herald says the correspondent
in Washington of one cf the leading
papers of the-south claims to have
made a poll of the Democrats in Con
gress for nis paper on presidential
preferences, with special references
to Woodrov: Wilson.
His findings are summed up as fol
That Woodrow Wilson has the sup
port of about four in every five mem
bers he has interviewed.
That he is especially strong in the
That while Northern people regard
him as a northern or eastern man
and in general have little knowledge
of his southern origin and relation
ships, the southern people all look
upon him as a southern man and are
greatly attached to him on this ac
That in the south generally Wil
son is regarded as even more of a
southerner than Champ Clark. Mis
souri is regarded as a border or wes
tern state. Wilson gets the full
advantage of being a Virginian. That
Champ Clark's boom has decidedly
receded in the month since Congress
met and the Wilson movement has
That since the graft revelations in
the Ohio, legislature the Harmon sen
timent has waned even faster than
Commenting on the result of the
poll a Washington newspaper Wed
nesday say, "General confirmation of
this view is unavoidable wherever one
mingles among public men in Wash
ington. Republicans generally think
Wilson will he nominated by the
Democrats, but many of them can
didly talk Bryan, hoping that Bryan
may yet be named and believing that
Bryan would be the best man for the
"Mr. Wilson's western trip is being
followed with the utmost interest,
because it is expected to develop more
definite signs of the sentiment of
that section, which has always most
sturdily stood by Bryan. Thus far
representatives has indicated that
Wilson looks good to the old-time
IMoreover, Mr. Bryan himself is
reported very well pleased with thej
person and the performance of the'
Jersey governor albeit Wilson has not I
a record of regularity in support of!
WOULD HEAR BLEASE.
Refused Holiday and Mill Workers,
Take it Anyhow.
The workers in the Ware Shoals
Manufacturing Company, located at
Ware Shoals, have given the manage
ment notice that they do not intend
[to work Thursday when Governor
Blease speaks at Ware Shoals . The
mill workers had asked for a holiday
in order to hear the speech by Gov
ernor Blease, but the mill manage-j
ment refused to shut down for the i
day. Then the mill workers gave!
notice of their intention to leave thej
mill for the day.
; The men are quoted as saying:
"We are going to hear Governor
Blease. The mill will have to do
without us." Governor Blease
speaks Thursday at Ware Shoals.
[The president of the Ware Shoals
Manufacturing Company is' B. D.
JRei'sel, of the Reigels who own the
Reigal Sack Company, of Jersey City,
The mill is located near the Salu
da River. There will be given a picnic
Thursday and on this occasion the
Governor will speak. A telegram
Wednesday afternoon indicates that
I two mills will close Thursday for the
speaking at Ware Shoals.
Amateur Aviator Killed.
A. V. Hardlee, an ametour aviator,
was killed at Domingeuz :leld at Los
; Angeles, Cal.. on Wednesday whil?
trying out an aeroplane. Hardlee
came here recently from Ohio and
had made several successful llights.
ipick the cotton strands out of the
wool?where the politician and the
public man is concerned. The quick
er he completes the job. the better
for his own material, moral, mental
and spiritual salvation and those of
I The Farmers' 1'nion has survived
: some of the most develish schemes
ever devised t.. crush an organiza
tion. With infinitely less money
than any organization of our numer
ical importance, we have accom
plished vast results.
We are turning now with increas
ing emphasis to the job of distrib
uting our products in a business way.
Heretofore, many counselors have
urged and "helped" us in the matter
of production. Now we are seeing
that distribution, scientific and co
operative, is even more important,
as Newt Gresham saw when he first
launched this 'Ecreat undertaking.
We are working toward the ideal
?of making the Farmers' Union the
transforming influence in American
farm life. To that end we ask the
co-operation of the wealthiest and the
most poverty stricken farmer.
CHAS. S. BARRETT.
Union City, Ga., May 15, 1911..
TWO CENTS PER COPY.
SAYS ITS BAD
Hr. hrkw Denounces (lie Methods of
the New York Cotton Exchange
SPEAKS VERY PLAINLY
Has Arjgument With the President
of the Exchange Who Was Pres
ent, But the Manufacturers Asso
ciation Agrees With Mr. Pnrker
and Adopts Condemnatory Resolu
The feature of the first day's ses
sion of the American Cotton Manu
facturers' association, which met on
Thursday at Richmond, Va., was a
a heated discussion in the afternoon
between Arthur Marsh, president of
the New York cotton exchange, and
Lewis W. Parker of Greenville, chair
man of the committee on relations
with cotton exchanges. The occa
sion w?,s the report of the committee
and the result was practically ? an
open rupture of the strained rela
tions which have existed for some
time between the association and the
Pr. Parker's assertion that the.New
York cotton exchange caters to spec
ulators rather than to the needs of
legitimate business, and that the
prices of cotton have be/en manipulat
ed by members of the exchange, to
the great detriment of 'both spin
ners and producers, was cheered to
the echo by the convention. Mr.
iVfarsh warmly defended the exchange
and ipolntd out that it was an asso
ciation of merchants trading in cot
ton, with rules in the interest of the
merchants rather than in that of the
manufacturer or the producer.
The contention decided with Mr.
Parker, adopting the report of the
committee unanimously and continu
ing the committee for further con
ference with representatives of the
exchanges and with instructions that
if relief is not given it shall seek a
remedy through lgislative channels.
The gist of the committee's report
si as follows:
"Manufacturers' association Bhould
have no fight against cotton exchan
ges if those exchanges truly reflect
conditions of spot cotton. On the
contrary, an exchange, If legitimately
managed and regulated, and If the
prices rulin)^ thereon are truly rep -
putative of spot valu/es. is and'
should be of decided advantage to
cotton manufacturers, as also to pro
ducers, but if, on the contrary, the
prices reflected on the exchanges are
merely th.e result of speculation for
or against the value of the comod
Ity, or if those prices are only re
flective of the speculative actions
of one element as against another
element, then the exchange become.*
a serious disadvantage to the manu
fac< uners and to producers and ceases
to be a legitimate body.
"The two principal exchanges 1b
the United States are the New Or
leans and New York cotton exchan
ges. Under the rules of the New
Orleans exchange the prices ruling
thereon are in much closer relation
to the prices of spot cotton than as
a rule there are the prices of con
tracts on the New York cotton ex
"By reason of the rules of the New
York cotton exchange, it is seldom
that the prices of contracts on that
exchange are on a parity with spot
I cotton or truly representative' of
I the price of spot cotton in the com
j m.unity of production plus the car
S riage rhar;? to market,
i "At times the prices of contracts
'are much above the prices of spot
I cot ton. At other times they are much
I "Your committee is forced to con
' elude that a majority of the members
of the New York cotton ex- hange are
more impressed with the view that
jit is to their interest to cater to spec
ulators than to make of their body
i a legitimate exchange reflective of
the true value of the commodity in
which they deal.
"Your committee recommends that
this association once mote express Its
earliest hope that the fcotton ex
changes, and! particularly t|h-e New
York exchange, will rectify their
rules so as to make a true and prop
er relation between contract prjees
land spot cotton: that if these rules
he not so properly regulated as to
make this relation, that your comm-tt
1 tee be authorized in the name of the
association to preseat such memorials
to the legislative bodies as may lead
to a proper regulation by them of
the cotton exchanges."
Negro Democrats Meet.
The negro .National Democratic
Convention opened at Indianapolis?,
Ind.. for a. three days session Wed
nesday, and more than two hiilMF
red delegates were in attendance,
.lames S. Greene, (if Georgia, is chair
man, and W. H. Grant., formerly
auditor in the treasury department
at Washington, is secretary.
A Very Old Horse.
E. S. Richardson, of Tyler, N. H.?
[drives a horse that is known to be at
least 39 years old. It is the last
horse that Dr. Gage, of Briar Hill
and Concord, owned, and it was jriven
i to Mr. Richardson by the doctor's
I daughter, Mrs. Morrill, 16 years
jago. The horse is in fine condition
for its age. w u, Aj