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URGE CONGRESS BE CALLED.
Vonservative Financiers Believe that
Need is Pressing for Congres
sional Action on the Money
Washington. November 2.-It was
learned here today from undoubted
sources that President Roosevelt is
now being urged to call an extra ses
sion of congress to d.al with the fin
ancial situation. The rcquest comes
from and represents the judgment of
the conservative leaders in the finan
cial world, who have represented the
present situation as one compelli-ig
action of a character which will affir
mativel -dicate all ground for sus
picion of American industrial meth
The president has .been assured
from most reliable sources that there
will be no opposition on the part of
the great industries of the cou.itry to
the enactment of the necessary laws
to carry out his ideas of Federal con
trol to the extent to which he has ex
pounded them in his recent public ut
terances. These assurances are made
at this time to avert what has been
represented as the most dangerous
situation which has confronted the
country during an extended historic
period-that is, the seemingly grow
ing lack of confidence based on known
irregularities in business methods in
some quarters, and no sure and speedy
means of separating the good from
To this end it is suggested that the
president set congress to the first task
of making such amendments to the
financial laws as will result in the
maximum of flexibility with the ini
mum of basic change in our system.
Next, and perhaps most in import
ance, is that the president embody his
suggestions on corporation control in
to succinct reeommendations for en
acting into law. In this connection
the president's attention has been di
reeted to what he said at Princeton,
Ma4s., August 20 last.
0I believe in a national incorpora
tion law for corporations engaged in
Inter-Atate basiness, I believe, fur
thermore, that t.he need for action is
most pressing as regards those cor
porations which, because they are
common carriers, exercise a quasi pub
lic function; and which can be com
pletely controlled, in all respects by
the Federal Government, by the ex
ercise of the power conferred during
Pthe Inter-State commerce clause, and
if necessary dnder the post road
clause of the constitution.***
"The'-YNational government should
exercise over them a similar super
vision and control to that which i~t
exerecises over npoonal banks. We
can do this only ...proceeding farth
er along the lines marked out by the
recent national legislation.
S"Almost every big business conern
is engaged in Inter-State commerce,
and such a concern must not be al
lowed by a dexterous shifting of posi
tion, as has been too often the case
in the past, to escape thereby all re
sponsibility either to state or to na
To meet his views the president
then suggested amendments to the
Shermhn anti-trust law, and the addi
tion of a criminal clause to that end
to the Inter-State commerce regula
tions. The bene fit of having Federal
legal machinery to detect and eradi
cate unwholzsome bu.siness methods
at this time was said to be the de
sirable end to be accorpiplished. This
would mean, it is pointed out, a prae
tic,al wiping off of the slate and a
starting afresh under business condi
tions which would have and which
could bear the closest public scrutiny.
That the President has given the re
quest for an extra session careful--con
sideration is indicated by those who
have been asked to lend their advice
in the matter. That the informationI
as to existing coniditions is not alarm
ing has been the continuing assurane
which has come from the Govern
ment 's careful observations. With
this in view the President has been
told that the call for an extra sessioA
of congress might have the reverse
effect from that desired by those who
are uir'n such action; ethat it would
tend to emphasize in the public mind
an apprehension of unfavorable con
ditions which do not exist.
F:nli::.z in obtaining an extra ses
sioni tho~se who have madec the appeal
for it have presented an alternative.
or'an additional request that the pres
Sident make a public statement of the
assurance he feels in the sound condi
tic-.n of pubiliCcereAh. This. too. 1m0
met with a measure of oppositionl
from the Administration 's advisers.
Both suggzestions are still matters of
consideration, although no informa
tion whatever is obtainable regardmg
either directly from the White House.
Just His Size.
John M. Work, the socialist-lectur
- e nd athor of "What's So and
During the season of 1905-6, Work
and Walter Thomas Mills, who is
short and thick, both appeared on a
lecture course at Cincinnati. Mills
came first. In the course of his lec
ture he took occasion to announce the
coming of his fellow plat'formist.
Among other things he said, "Work
is just my size."
A snicker ran over the audience.
Mills continued, "Now, what are
you folks laughing at ? Work is twice
as tall as I am and half as big around
-doesn't that make him just my
size?' "-The Lyceumite and Talent.
Squaws and Sewing Machines.
"I am preparing for my annual
trip of the Indians of the Florida
Everglades, the most interesting trip
I ever take," said a sewing machine
"But what do you sell in the out
bandish Everglades?" a woman ask
''Sewing machines, dear madam,"
" To, the Indians ?
"Even so. There is hardly a squaw
in the wild and remote Everglades
who has not her sewing machine. In
deed, sewing machines have become
necessities in the Everglades, like
Moccasins or firewater.
I Why ? For beadwork making. You
know this beautiful beadwork that
the Indians of the Everglades sell?
Well, it is all made on sewing ma
ehines. It is made on my machines.
I have done a good trade in the Ever
glades for five years.
"In the Everglades," he ended,
"the hoot of the loon and the splash
of the erocodile in the lagoon are well
nigh drowned in the continuous
whirr of a thousand busy machines."
Got Tired. of Her Job.
Nanny Oatching, the famous old
Abrown and white goat of the Univer
city of Chicago has quit her job. Her
desertion so deeply affected the doc
tors and medical students that they
called upon the police to aid them
to find Nanny and induce her ,to
come back home.
The police believe that Nanny tired
of her job. It was her duty to catch
every possible disease that the doet
ors and students might wish to study
and she had ..hardly known a well
day sine she' 'became the goat t"or
For cerebro-spinal meningitis, Nan
Catehing traveled the route to beri
beri and cholera and back again to
tincaneatis, uttering frequent com
plaints, but all the time making noble
sacrifices in the great cause of
Her task, however, finally palled
upon Nancy aind when the jailer had
f o go look over for her yesterday in
her .pasture lot to invite her over to
the laboratory to have a mild attack
of diptheria, the goat was gone to
DOWN - DOWN - LUMBER and
building material of all kinds.
IFlooring, eiling and shingles of all
grades, sash, doorse blinds, laths,
roofings, etc. C. H. Cannon will
give the v'ry lowest prices and
meet all competition. He is in for
small profits and large business.
Via Southern Railway. Jamestown
Ter-Centennial Exposition, Norfolk,
On account of the above occasion
the following instructions will gov
ern. the sale of round trip tickets to
Nortfolk, Va. from Ntwberry, S. C.
Bo'ason ticket-$19.55. This ticket
wji be sold daily April 19th to and
i ncluding November 30th, 1907, final
datte to 'leave Norfiok returning De
eemnber 15th. 1907.
60 day tickete-$16.30. This ticket
wi]]l) e sold daily April 19th to and
includine Novemb'er 30th, 1907, final
JTte to lea.ve Norfolk returnin'g six
ty (60) days from not~e of sale and
not !ated than december 15th, 1907.
Fifteen day ticket--$14.30. This
ticket iwll be sold daily April 19th
to and including November 30th.
1907. final date to leave Norfolk re
trigfifteen (15) days from date~
Coaen Excusion ticket-S.55. This
ticket is not god in sleeping, Pull
ep, or Parlor cars, and will be sold
on Tu'f.esday of each week during per
iod of the exposition, final date to
War Norfolk retuirning ten (10)
days from date o,f sale.
For routes, stop-overs, etc., write
or call on us.
12.000 comic post cards just receiv
ed at Mayes Book Store.
THE NOTABLE EVENT OF 1907.
THE SECOND ANNUAL
F A I R
The great Two-States Exhibition at Augusta, Ga.
Agricultural and Industrial--County, Club and Individua
Exhibits of the resources of Georgia and South Carolina.
Over $4,000 in Premiums-Great Exhibition of the newest
and most advanced Farming and Agricultural Machinery.
For the first time in the South the great labor-saving Cotton
Picking Machine will be in operation daily during the Fair.
Magnificent Display of Poultry and Pet Stock-the greatest
ever eyhibited in the Southland.
Great Cotton F arade-$500 in Special Prizes.
Splendid display of Cattle and Live Stock.
Attractions and Amusements-First United Statss Artillery
Band, the finest in the South-engaged especially for this oc
casion at a cost of over $ 1,500.
Running. Trotting and Pacing Races iu I t F I : (.
Over $4,000 in Purses.
The F.reatest Football Game of the Season-University of
Georgia vs Clemson College. Special TrMhs.
A variety of Free Amusements, including "Dare Devil
Free Balbon Ascensions-Twice Daily.
The Largest and Finest Midway ever brought South.
Remember the Dates, November 4 to 9.
L.ovw mates F*r*ozrm All Poiraite.
* For Further Inforation apply to
FRANK E. BEANE, Secretary, Augusta, Ga.
THE COMMERCIAL BANK OF NEWBERRY, S. C.,
under call of State Bank Examiner at close of business
September 17, 1907.
Loans and discounts - - - - $406,831 16
Overdrafts - - - - - - 5,653 08
Furntiure and fixtures - - --- - - 3,116 93
Cash and sight exchange - .- - - 42,172 36
Capital Stock - - - - - - $ 50,000 00
Undivided profits (less expenses paid) - ' 49,484 84
Dividends (unpaid) - - - - - 1,030 00
Cashier's checks - .- - - - 103 88
Due Banks .- - - - - .- 858 38
Bills payable - - - - - - 20,000 00
Individual deposits - - - - - 336,296 43
JNO. M. KINARD, Pres. 0. B. MAYER, Vice-Pres.
J. Y. McFALL. Cashier
4 Per Cent.
Interest Paid in our Savings Department.
HERALD & NEWS
Pens and Ink,
- &C., &C.
In fact anything you need along that line.
CIGARS AND TOBACCO.
Don't forget to cal rn them.
They are also agents for Columnbia Steam
Statement of the condition <
Newberry, S. C., Sept. 12
call of State Bank Examin
Bills receivable. ..... $219,605 64 (
Overdrafts........... 5,180 75 c
Cash on hand and due
from other Banks.....$ 10,193 92 1
Watch us grow. We pay 4 per ce>
ment compounded Semi-annually.
J. D. DAVENPORT, GEo. B. CR
W. B. WALLACV
The People's I
Paid Up Gapital - -
Surplus and Individual I
For protection of depos
H. C. MOSELEY, President. IV
W. W. WHEELER, Cashier. G
Better a conservative interes
return when wanted, than a high
about the principal.
A National Bank is a safe Dep
nakes it so. Likewise our Boai
of prudent conservative manager
G. W. Bowers.
J. A. C. Kibler.
R. L. Luther.
M. A. Carlisle.
J. H. Hunter.
J. P. B
We allow 4 per cent. per
Department, interest pg
Capital. $50,000 - -
No Matter How Small,
will give it ca,reful atte
applies to the men and t
! The First cough
* Even though n3ot severe, has a t
tive membranes of the throat
Coughs then come easy all wini
4slightest cold. Cure thi first cc
*set up an inflamation in the deli<
Slungs. The best remedy is
SYRUP. It at once gets right
moves'the cause. It is free frox
a child as for an adult. 25 cent:
EVERY ONE DIOESN"l
Some have to dig, a
share But if you will u
partment and lay up a i
ings you will soon have
your own. Open an act
day and take a step upw
Today's prudence is t
The Dank of
Dr. Geo. Y. Hunter, Pres't.
J. F. Browne. Cashier.
>f The Exchange Bank of
th, 1907, in response to
,apital stock.... ...$5o,ooo 00
urplus........... 6,46o 74
ashier's Checks...... 269 84
)ividends unpaid...... 87 50
lills payable....-.-.. 75,0oo 00
it. interest in our Savings Depart
MER, M. L. SPEARMAN,
y, $. C.
- - $25,000 00.
:rofits $6,000 00
, $25,000 00
. A:CARLIStE, Vice-President
Ed. JOHNSTONE, Attorney.
t on your deposit with its safe
rate and a feeling of doubt
:sit. Government supervision
-d of Directors is a guarantee
W. P. Pugh.
Jno. B. Fellers.
W. A. Moseley.
H. C. Moseley.
annum in our Savings
- Surplus $30,000
No Matter How Large,
ntion. This message
he women alike.
J. E. NORWOOD,
of the Season,;
eidency to irritate the sensi
and' delicate bronchial tubes.
er, every.time you take the*
ugh before it has a chance to *
ate capillary air tubes of the
QUICK RELIEF COUGH
at the seat of trouble and re
i Morphine and is as safe for*
nd dig hard, for their
tilize our Savings De
ortion of your earn
an "inheritance'' of
:ount in this Banik to
2r. J. S. Wheeler, V. Pres.
J. A. Counts, Asst. Cashr.