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I' L lual' iVL LJ- CCV113 . - -
TILLMAN ON MONEY.
Roosevelt and Cortelyou Flayed
Holds up Clearing House Bank
Certificates for Ridicule.
A characteristic speech was on
M1 inday delivered in the senate by
Se.iai or l illman. Mr. Tillman spok.
->n his reolutioin .hrecting an in
ve.tiAaaion of the re:-ent bond issues
en.i clearing house cert'-icates, but
'ie tcok occasion to cimn. ut on a
good many matters concrning a
financial affairs of the country. "I
iiiust confess I have not studied fir
ai-e very much from the books,'' be
gan Mr. Tillman apologetically. "My
own- labors in that direction having
been confined to my own expenses."
Mr. Tillman said he did not know
wlh.:her the criticism of tir chairman
of the house committee on banking
and currency (Mr. Fowler) had caus
ed the sec-retary of the treasury to
halt in the, issuance of bonds, but a
change of plan seemed to have been
made and he had not been able to
learn how mnch of the proposed
bond issue had been put out. He ex
pressed the opinion that the secre
tary had violated the spirit of the
law if he had not violated the law it
"If we are not in the midst of a
panic, we are in the midst of a chill
produced by the danger of a panic,''
declared Mr. Tillman.
The treasury, he said, has "dump
ed" its money in Wail street and the
country has praised the patriotism of
J. P. Morgan "in aiding the coun
try to get a grip on itself and not
let everybody go crazy and precipi
tate further loss and horrors on the
Speaking of a published interview
with the president by Mayor Dahl
man, of Omaha, in which the presi
dent is alleged to have said that if
he was responsible for the panic he
was glad of it, as it had brought to
view the rotten conditions of the
country's finances, he said:
"I fear that Mr. Dahlman is in
imminent danger of joining the An
anias Chib. Perhaps somebody here
will use the 'phone and find out
He said that he would not worry
about the panic, but he found so
many facts connecting the treasury
-department, even the senate and the
house of representatives, with Wall
street that he was compelled to re-cc
ognize them, -especially as the far
mer the cotton planter andl the man
ufacturer were affected. He said he
wanted to know who struck "Dilly
He spoke of the manner in which
the financial stringency has operat
"And,'' he added, "the president
says he- is proud of it. I cannot be
i lieve he said . it. He has aid many
things lacking discetion, but I do
~ot believe he is so callous as to feel
any pleasure in the condition of par
alysis which confron.ts us. I believe
eis a patriot, though he has per
s shown it badly at times.''
~cules aClearing House Certificates
senator held aloof a banking
certificate- and in a loud voice
upon the senate to look at it.
is a specimen,'' he declared.
-like what you eall Confei
ey-shinplaster- and they
by national banks. Look
.going to have it engravad
e done without destroying
t it in the Congressional
But I don't propose to have
it yed and lose a dollar just
to Eghten you upon the currency
He 'wanted only good greenbacks
and ini rasping. tones, speaking of the
necessity' of money, he said:
"You will have to go to the bone
vard if you can't get it.''
As between the "shinpl-asters'' in
the form of Cl*aring House certifi
ates and greenbacks he said he would
refer greenbacks based on railroad
d other stocks and bonds, although
ey were, in his opinion, filled with
He was, he said., daily in receipt
letters from people who think
rknow all about the currency and
sche mes for currency reform.
ut I don 't even read them.'' Ire
.It has been alleged, he said,
the bonds recently issued had
been 'sold to the highest bidders;
he read a newspaper copy of a
by Mr. Schram, of New York,
he had bid $1.03 1-2 on $50,
the bonds but had not receiv
of them. althiough they had
low as $1.02. The commit
inance, he adde-1, could find
tier that is true.
mnptrollers of the currency.
are so complaisant and po
they are in oficee t'hat "al
v one of them has graduat
e presidency of a bank."
anciers Put in Prison.
ials about thre president.
out to join the kings of
titlan('e. "Tle lt"L'sident tiuls n tIe
1ij"lit. \ Vly d11)1 't ie tIl n (.A the
latidentffs whlenl he inds that some
b00: .:enls? Ile goeS to thl coul
'ry and makes sp,eeches and destr'oys
the eolmidence of the people, but we
do not find him putting anybody in
He referrcd to a rpsolution he had
introduced in the senate a year azo
for an inquiry into the failure of
the bank of which John R. Walsh, of
Chicago, was the president, but a
year and a half had gone by before
the trial had begun. As Walsh is
under trial, he said, he would not
comment further on that subject.
He had on Saturday telegraphed the
dictrict attorney in New York asking
about recent bank failures, but that
official replied that he could not give
out the information regarding the
investigation that is being made.
"I expected to be put off," d,
elared the senator. "That seems to
be the policy of the department of
justic-e and the treasury depart
Mr. Tillman said he only intended
to bring these matters before the
committee on finance as questions
for them to answer. When th2y
should answer them, he said, he
would ask more cuestions.
SENATORS WILL WORK.
Tillman and Latimer Get their Com
Washington. December 17.-South
Carolinians 'vill be interested to
learn what committee assignments
have been given Senators Tillman
and Latimer for the 60th congress.
The announcement was made by the
president of the senate today.
Senator Tiilman is on the commit
tee on appropriations. Canadian re
lations, forest reservations and pro
tection of game, Inter-State com
merce, mines and mining, five civiliz
ed tribes, irrigation, naval affairs
and expenditures in the navy depart
ment. The only change in his as
signments is the addition of the last
Senator Latimer is on the commit
tees on agriculture and foresty, cen
sus, commerce, irriigation, manufac
tures. Pacific railroads and public
buildings and grounds. At his re
quest he was left off the committees
on cornora.tions in the District of
Columbia and patents and placed in
stead en the committee on census.
As all of these are important pla
ees same excellent work should be
done~ by south Carolina 's senators
for the people at home during the
present session of congress.
P. H. McG.
Is There a Santa Calus?
The late Francis P. Church in the
New York Sun.
Once a little girl wrote tahis letter
to the editor of the New York Sun:
"Dear Editor: I am eight years
od. Some of my friends say that
there is no Santa Claus. Papa says:
If you see it in The Sun, it's so.'
Please tell me the truth. Is there a
"Virginia 0. Hailon.''
Virginia: Your little friends are
wrong. They have been affected by
the sqeptioism of a skeptical age.
They will not believe except they
Yes, Virginia, -there is a Santa
Claus. He exists as certainly as love
and generosity and devotion exist,
and you know that they abound and
ive to your life its highest beauty
and joy. Alas, how dreary would be
the world if there were no Santa
laus! It would be as drearf' as if
there were no Virg'inias. There would
THE COMMERCIAL BANI
under call of State Bank E
December 16, 1907.
Loans and discounts -
Overdrafts - - -
Furntiure and fixtures -
Cash in vault 35,041
Cash in other Banks 72,674 !
Capital Stock - - -
Undivided profits (less expen
Cashier's checks - -
Deposits, Banks 7,910
Deposits, Individual 322,826
JNO. M. KINARD, Pres.
J Y. McFAi.
Interest Paid in our!
be t ciiild-like faitii the:i. no
lioel rw. ti" rolli1lrre. to ulia10ko 2e -
b ?cl Ii s (X .te:. \\ ' i1 1l,l liav,"
l (" t 1jjo IIeII- eXed)t Ill Sellse nd
. I LIL e erial Iight with vhicii
eliildhood fills tue world wo :ld be
Not believe in Santa Claus! You
might as well not believe in fairies.
Did you ever see the fairies dancing
on the lawn? Of couse not. But that
is no proof that they are not there.
You might get your papa to hire
men to watch all the chimneys on
Christmas eve to catch Santa Claus,
but even if they did not see Santa
Claus coming down, what would that
prove? Nobody sees S'anta Claus.
The most real things in the world
are those that neiti1er children nor
men ever see. Nobody can conceive
or imagine all the wonders that are
unseen and unsecable in this world.
):ou may Lear apart the baby's rattle
and see what makes the noise insi le,
but there is a veil covering the un
s en world which not the strongest
man that ever lived could ever tear
apart. Only faith, fancy, poetry,
love and romance can push aside that
curtain and view and picture the su
pernal beauty and glory beyond. Is
it all izal? Ah, Virginia, in all this
world there is nothing else real and
No Santa Claus! Thank God, he
lives, and he lives forever. A thous
and years from now, Virginiar-nay,
ten times ten thousand years from
now-he will continue to make glad
the heart of childhood.
Capt. Roald Amundsen, Norway's
famous Arctic explorer. in the course
of a dinner given by Consul General
Raven at the Waldorf-Astoria in his
honor. praised the American army.
"Your volunteer system seems to
me admirable," he said. "Such
brave and intelligent volunteers as
yours are rarely to be found. Even
the funny stories that are told of
these young men-untrue stories
they are, as a rule-testify to the
sturdy independence of the volun
"I have in mind a story that I
heard about a national guard encamp
ment last summer. A new volunteer,
who had not vet quite learned his
b'isi:uess. was on sentry duty one
r'ight wvhen a friend brought him a
pie from the canteen.
"'As he sat on the grass eating
tie pie. t-he major sauntered up in
undress. The sentry not recognizi:1g
him, -did not salute, and the major
stopped and said:
" 'What's that you have there i'
"'Pie.' said the sentry, good-na
turedly. 'Apple pie. Have a bit?'
''The major frowned.
"'Do you know who I am?' he
"'No.' said the sentry, 'unless
you're the major's groom.'
"Tihe m'ajor shook his head.
"''Guess again,' he growled.
"' The barber from the village ?"
"'Maybe '-here the sentry laugh
ed-'mnaybe you're the major him
" 'That's right. I am the major,'
was the stern reply.
."The sentry seradbled to h,is feet.
"'Good gra'cious!' he exclaimed.
'Hold the pie, will you, while I pres
ent arms!'" ''Washington Star.
BROADDUS & rF HAVE A
pretty line of Christmas cards, al
so toys, &e. DON'T FORGET TO
GALL at The Herald and News
Building and see their assortment
before you buy.
SOF NEWBERRY, S. C.,
xaminer at close of business
- - - $313,666 49
-- - - 7,199 87
-- - 3,116 93
3 - - 107,715 96
- - - $ 50,000 00
ses paid) - - 49,222 20
- - - - 940 00
- - -800 00
31 - - . 330,737 05
o 2. MAYER, Vice-Pres.
we will give
if it should F
only 100 K
Look in out
icture Arcade -.
nder ilotel Frederick
Every Afternoon 5 to 10.
nder 12 years 5c.
pasenger Train Schedules (Revised)
Effective 12.01 a. m. (Eastern times
Suday, November 24th, 1907,\ the
aing time for passenger trains out
f ewberry Union Station will be
N.15, for Greenville .. 9.07 a. mn.
N12, for Columbis. .. . .10.35 a. mn.
N.19, for Greenvi;l1e .. 1.25 p. m.
N.18, for Columbia .. 1.40 p. mn.
N.11, for* Greenville .. 5.18 p. mn.
N.16, for Columbia .. .. 9.47 p.m..
C., N. & L. Railway.
o. 85, for Laurens .. 5.19 a. in.
N. 22, for Columibia .. 8.47 a. mn.
N.52, for Greenville . .12.46 p. mn.
N.53, for Columbia .. 3.10 p. mn.
'N. 21, for Laurens .. . .7.25 p. mn.
'N. 84, for -Columibia .. 8.30 p. mn.
* aily, except Sunday.
The foregoing scheduiles are given
ol for information, are not guar
nted and are subject to change
G. L. Robinson,
Station Master. F"
( UBERRogh and dressed, ton-I
gued and grooved of all kinds and
grades. Shingles, sash, doors, blinds,
lths, roofing, roof paints, etc. A
lrge stock of good material upon
which I will meet all prices, and
trive to give satisfaction. 0
C. H. Cannon,
Newberry, S. C.
$2.00 lot of Fireworks
3 a two-blade Pocket
50 cents. The Knife
ad and will be replaced
>rove defective in any
e early for we have
windows before buy
ket Kni eFreer
THE HOUSE OF QUALITY.
Silver Handle Silk Umbrellas
from $5.00 to $7 00 each..
Solid Gold Cuff Buttons at
$2.50 and $3.00 per pair.
Chains and Lockets in Gold.
Swastika designs in Scarf Pins,
Brooches, Hat Pins at d
for doing Fancy Embroidery
work for Christmas.