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The Houston daily post. [volume] (Houston, Tex.) 1886-1903, January 08, 1899, MAILABLE EDITION, Image 15

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Persistent link: https://chroniclingamerica.loc.gov/lccn/sn86071197/1899-01-08/ed-1/seq-15/

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Eduction in interest.
1j . iMOkt. RATE mOttlU
Eyr BXOE7BD SIX PKK OKNTi
itmrat latter, to the
m i
.ahlloKn
STombrr 01 tne
tliUlnr
Coacarnlnar It.,
Oood, Now in TrH:
I'll ' I'll 'ill 'UJMliWMp'f
5aleof '-fAfc;.
Is
ftltotrta op letter has been sent
,1m Grant, who te t Texas. memDer
rBpubllcan National commiuce, 10
VUr Burns, republican mcmoer or.
tetat senate rrom nnw unum, n
. A. C uwnKins, wao is me,
(lean member of th legislature from
Mtf county:
Texts, January o. n.mwjng ana
that- your Impulse will Join with
jtflon In any nioveraeni imi mil
(or it object tho advancement of tho
,,004 in Texs, I vaarcss you tniai
I am deeply inlndftil of tho posl-
it disadvantage you are placed In by.
n Qt tho limited number or. party es-
tes yu havo in uw 4esinuuie, oui
ently wc can uso Ubose wno,ao averse
t0 advunco an object When It Is so
bly non-partisan in us cuaracter.
, supremely necessary to so great.a
Uge of tho whola people of Texas as
move I propose, I nvo iookcu with
concern vuid sollcMudo- upon tho
tits in legislation in mis auuo ami
tried to analyze tho situation With a
of making deductions that might bo
aoml use. tMy Investigations havo
ccd nio Uhat there Is an evil .exlstlnR
prevents the possibility of general
i and anything llkis accumulation on
Ipart of tho people while tho present
ouchlng on me case remains ju lorca
effect.
ftvll referred to la tno present legal
of interest ia Texas. A you Know,
fiorernlng tills matter is now a. sort
iiible-Jheaded low, allowing ono class
6 ner" cent ana forcing tne great
of tho peoplo to pay 10 per cent ln-
ln other worus, to law is so nxeu
the great moneyed concerns who are
wlso Itl aeuiuu ui cuuirrai, iuu gnsu
loid companies who hvvo judgments
lercd against them, or tho corporations
Stato who nave neoomo name to as-
'ia (be courts for Indemnity, or any
of indebtedness or uny kjmi to tuo
or to individuals, tre protected by.
(against, paying moro than 6 por cent
sl wntlo tuo peopio wno norrow are
lically eoerced at the muzzlo of Jaw
Ey 10 per cent interest. Tho cousu-
is tliac tno grcai mass oi mo peo-
firtners, laborers, mcrcnauts, artl-
manmfactureiis and all who naro to
he consent of the lender pay. 30 pel-
interest for money, ana us woe-tenm
merchants, farmers or producers oi
kind aro borrowers, nearly every
try is burdened and throttled to death
rato of interest wnicn excesas tno
iroflts of tho average industry, hencn
Ipeoplo of Texas aro simply working
he men wno loan money. Tne, tarm-
bre paying the same rato of interest
with cotton at 4 cents per pound as
did when cotton was worth S cents
bound.
wor&t feature of the matter la that
fcurden of it falls upon tho producer
loonauiner. The merchant carrifes the
with goods that the local banker
Burnished the money to pay Jor, and
10 per cent Interest lor Iff which
lest, is added to' the price of the goods
the farmer pays for It. Than the'
man borrows money from his local
at 10 por oettt interest to buy
from tfca farmer, and, of course.
ta 10 per cent from the prico he
for the grain, so that tho farmer loses
loth ends?.1 Why should this bo tho
When tho money markets .of the
try Aro deeming with money for loan
and 3 pftr cent interest? Tho- great
Institutions have reduced their
ttk) great trust companies, iueur-
companies, banks tiad lenders of
of. Chicago. New York. 1'h ladel-
and elsewhere ro loanlnir all the
they con net secured at. '2 nnd :i kp
interest. Why is it that we nhouid
terced by tho magio of local economics
iu per cent interest? Thero need
aTy&rehrtnsinn nKnut hnrn Koine n
pty of cheap monoy when it is known
mum tea government lssun of war
Ij of $200,000,000 was placed upan the
", ueanng mtefest. at 3 ner cent.
f,J application made by tho peoplo
l,00,000,000 ot them, and much moro
inai cotud navo been plaiced if then)
been atliy Chlnnn nt nhtntnlnr tlinm
P7 should our bankers ia uilowed -to
fast and borrow all tho money they
at ., and u njr rtAtif lnlM-it nnH
C it down here and get the protection
.iaw,iin JoanJng It at 10 per cent
i'. It it woli knovn that dopressod
i OVer-PrOdUCtlnn nH nrmmMflnn
redUCed thl niIr.c nf. niumrtJilnw r
tho marglos of profit aro desperately
1 .14n why should not fchlo margin'
je Darner be reduced to correUpond?
wi. ?B as mon,ey 1 held up to 10
'!r "l" 'aw In Txas, that will b't tho
wZ" T.a.as l0I1B "s that ia tho
noy win bo held to loan rather
rA? , !se' uiBTO 1 not 10' ner
. vhii Ja loltJniaio businoBs, heuco
' "ill OS IW JnVttrnantD ,4H mil
P'Ot Property of whateoover kind U
""aiaaoiy by the amount its income
Pi tiles fin aA IV. I -
iSv lir e6t on " am:)lln Propor-
lnn70 .,, ?. Lae ral ,s reuueed.
r m.. 7I "w " iutt:ieaL i.t
PS'00 n?'m-whlIe at 5 pjr cent
K wouw Day intopeal n. tw nun. !,...
. '-" "-M wV,VUU, uouw
r
BoiPf.r iS LUtcrest on ?0,000; bene
rt thv'1l3,'u.4ble Iaot that a reduc-
Nue of i)T ' "rtoi wouia lncrcaso
bni xul PrPrty. hence it should
--. vonauiona us they cxlit
" inurement in realities,
X:? in huh"r"...,.- I2,r
wth. mSSSoi f E. 'il?.r-E";
111 u V, l'wi,oit.jr huu
PD,
there
mi men
rt trAi"n " enorl as well. Wuilo
ni i?rni"'urtas wi nver
E,tBhnno,,tCODiPP.to. with tha man In
Ne?1nh9cHh?t ?? The. man.
!!n to h?.AU bU8ness, while tho
.!?. AMml.?? ".-
!
r-elj'
M inrt ..uma',y the
't!, the hntt bysJnw 'u Texas,
ii-,.t.ao banltlmr nn;t.,j,i . t,i!
Wel5' fni. i '-? --uv. UUUtt
ei ' it ,i ,r,B,, n tno market for
;tbll50 I "&ual y w6-'b fni 30'
it :r above 'par:,-: Tho.
Wlr,
nr
t tl.j
Sanoetaa
, "?t too fierce.
ivui-u euw
to is a.ncce- usually declare
DtelflPi, ,..,""' oiywonds per an-
t '"ad to kSS f,sooi 8Um Ja -their
t, large. ,nPi"a pWlis m- aP
hnvb6uld ISiMPV'bl.c oye, Tils
'"vrn and cltv ,?n. uae"'.. Ajpwst
mSne'i'L atrY ,be people
turei1(!?ders tr W ire a
rS SLSiJ;01 tb'nl' leslslaytici
?nri-anfebufro "' Eastern'
tf)l, wh2?n hrlVn n 3 nd 4 per.
L'orintr!?LlnUqre3y " our maxJ
r&;"i?. .;' WiU the valu.
UNDERWEAW
--For This Week We Announce a Grand Special
MUSLIN
The Largest Shipment of Muslin Underwear ever received by us or any other firm in Houston will be placed on sale tomdrro
liTionaay, January 9). Ihese goods are all fresh and cleanjust openedand will be offered at January cut prices.
ir&
iT
225
75
J
Cambric and Muslin Underwear.
250 Ladies' Muslin Skirts, with deep ruffle and lace trim
med, regular 75c seller ,
250 Ladles' Muslin Clowns, with tucked yoke and em
broidered and lace trimmed large roll collar, selling 75c
.and 85c
150 Ladles' Cambric Chemises, with ruffle trimming", ex-
.... ",, anu uuu vaiub ai jl
pairs Ladies Huslin and Cambric Drawers, cluster
of tucks, embroidery and lace inserthif and eAop. 7
and 85c kind 1 .
Ladies' Cambric Corset Covers, with Torclinn .nnd
Valenciennes lace and embroidery trimmed, 75c kind .
225 Ladies' Muslin and Cambric Gowns, with cluster of
kicks, embroidery and-lace trimmed, $1.25 and gl.35
kind
250 Ladles' Muslin Skirts, with deep flounce, tucksem
broidery and lace edged, Si. 25 and SI. 35 kind
175 pairs Ladies' Cambric and Muslin Drawers, with
cluster of narrow tucks, lace and embroidery inserting,
and edged, Sl.25 and 31.35 kind
125 Ladies' Cambric Chemises, with lace, embroidery and
ruffle trimmed, $1.25 kind
150 Ladies' Cambric Corset Covers, in various new styles
in lace and embroidery trimmed, Sl.25 kind
f .J! I HIV It fl y- r. " . . . .
i.uics muaiiu ,anu wumoric oKins, m lace or em
broidery trimmed, many new and novel effects, value
1.50 and Si. 75
Ladies' Huslin and Cambric Gowns, in embroidery or
lace trimmed and deep ruffles, good values at SI. 50,
Si. 75 and 51.95
Ladies' Huslin and Cambric Drawers, with lace or em
broidery inserting and edging, wijh cluster of narrow
tucks, SI. 50 and Si. 75 values... ,
Ladies' Cambric and Lawn Chemises, with lace or em
broidery trimming, new effects, considered good Sl-50
and SL75 kind
Ladies' Cambric Corset Covers, all our finest kind, in
embroidery or lace trimming, Si. 50 and SI. 75 values J
Choice
each
1 c
Choice
each
B
I)
Choice
each
1.25
SPECIAL PRICES ON EMBROIDERIES.
For one week only. One of the largest shipments of Em
broideries ever received by us will be on sale In a few days.
Present stock on hand will be closed out at less than cost of
production. For instance
All kinds of embroideries that sold for 7c, 8 1.3c, ioc and 12 i-2c, e
choice, per yard i V C
All kinds of embroideries that sold for 15c to 20c, )
choice, per yard . .. IUC
All kinds of embroideries that sold for 25c to 40c, Of)r
choice, per yard. c.UC
All kinds of embroideries that sold for 50c to 75c, Qfin
choice, per yard ,. OUC
Tafco advaiitaKQ of this sale, for a BavliiK of a few cents on each yard will njako a
olg uirfereneo in tho cost of your sprinc sowing. .
Low Prices and High Quality predominate in our
LINEN DEPARTMENT.
Many ladies have taken advantage of our extra January prices
in this department. Why not you? Twenty-five per cent
off of regular prices.
Remarkable Remnants
With the price at HALF. Remarkable because the best fabrics of
this season figure in this collection. You don't. often have a chance
to take such desirable short lengths of Silks, Dress Goods, Wash
Goods, White Goods, Embroideries, Lnces, etc., at half the
usual remnant prices.
LADIES' FALL WRAPPERS
At Sacrifice Prices.
75c will buy choice of our entire line of ladies' fall Wrappers tiiat sell
for Sl.25 and Si. 50.
$1.25 will buy choice of our entire line of ladies' fall Wrappers that sell
for SI. 75, SL95, S2.25 and S2.50.
$1.75 will buy choice of our entire line of ladies' fall Wrappers that sold
for S2.75, S2.95, S3-25 and S3-75.
SPECIAL! SPECIAL!
The remainder of our Ladies' Muslin underwear, left over f rom ,fall7;alsoJ
infants', and children's white long and short nainsook and Javrtrj
dresMS. nil slitrliilv ;nilfM nH 'nttirt in k j. t i rv? V.S
make a, clean sweep of the lot, it's yours ..ftt nail rrjCc
LADIES' READY-MADE SKIRTS
At January Sale Prices.
At 75c. Ladies' novelty brocaded mohair Skirts, in black, navy blue,
brown and green, our 1.50 kind; 7T
take your choice, each I, DC
At 1.50. Ladies! black plain and brocaded mohair Skirts, colored, nov
elty Skirts with braid trimming, also black novelty jacquard Skirts,
selling price 2.25, 2.50, 2.75 and 2.95; Cf)
take your choice for .-..., I .VU
At 2.50. Ladies' plain and brocaded black brilliantine, jacquard and
serge Skirts, colored cloth Skirts with braid trimming, etc., t, en
selling 3.50, 3-75 and 4.25; take your choice, each .UU
At 3.75. Ladies' black novelty ligured crepon Skirts, plain brilliantine
Skirts with satin band trimming, and fancy plaid mohair Skirts,
selling price 4.50, 4.75, 5.50, 5.75 and 6.25; O 7C
take your choice . Q .1 U
At 6.95. Choice of the remainder of our ladies' silk Skirts in plain
black satin duchessc or taffeta silk, moire velour, bayadere taffeta,
...6.95
etc, regular selling price 9.50, 10.25, 1 1.50, 12.25;
take your choice for
HALF PRICE ONLY.
Ladies Fancy Neckwear
Fascinators and Shawls ,
Infants' Sacques and Caps, Bootees and Mittens
Jersey Ribbed Underskirts
Silk Waists and Underskirts '
Chenille Portieres
Lace Curtains (slightly soiled)
Ladies' Sailors
At
Half
Price
GRAND SPECIALSAs Lon
ftrl&.iO'
50c
50c
50c
50c
50c
50c
50c
will buy choice of a large lot of corsets, odd lots of popu
lar brands, selling 1.00 to 1.75; call early to secure size,
will buy one pair of our 75c or 1.00 gray or white cotton
blankets, good large size and heavy.
will buy choice of the remainder of ladies' cloth capes,
selling at 1.25 to 2:25 each. '-
will buy choice of ladies' fancy collarettes, selling at L00
to 1.50 each.
will buy choice of our ladies' knit underskirts, selling at
75c and 1.00.
will buy 10 yards excellent quality dress gingham that sells
at 10c a yard.
will buy one 26-inch gloria umbrella, natural handle, sell
ing at 75c each.
will buy 10 yards extra quality canton flannel, worth 10c
a yard".
will buy one ladies' union suit or all-wool vest, selling at
1.00 each.
will buy two niisses' union suits or two ladies' vests, sell
ing each at 35c;'
(a yard) will buy choice of a large assortment of fancy
colored and black silks, worth 75c to 1.25 a yard.
1Kn (a yard) will buy any dress goods, worth 25c, 35c and
'"' 45c a yard.
(a yard) will buy dress goods that are worth 50c and 60c
a yard.
(a yard) will buy dress goods that are worth 75c, 85c and
95c a yard.
50c
50c
50c
59c
29c
39c
Ttiev
Last
7 'n 01 yard) will buy embroideries that are worth 7c to 12 l-2c
k a yard.
1f)n (a yard) will buy embroideries that are worth '15c to 20c
'tt' a yard. ,, .,. ,,
20c
30c
55c
89 c
5c
(a yard). will buy embroideries that are wofth"25c 'to 40c
a yard, .
(a yard) will buy embroideries that are worth 50c to 75
a ard.
will buy choice of a large assortment of new muslin, un
derwear, worth 75c to 85c a garment,
will buy choice of a large assortment of new muslin un
derwear, worth 1.25 to 1.35 a garment,
will buy choice of 'about 150 pieces of new spring per
cales, 36-inches wide, 8 l-3c kind.
DRESS GOODS Almost Given Away.
15c a yard for Novelty Dress Goods worth 25c, 35c and 45c a yard,
comprising mohair brocades, bourettes, etc., 1n
choice, per yard txJLf
29c a yard for Novelty Dress Goods worth 50c and 60c a yard, in
checks, bourettes, iridescents, Roman plaids, etc., OQr
choice,-per yard .
39c a yard for Novelty Dress Goods worth 75c, 85c and 95c a yard, in
bourettes, velours, English curls, suitings, etc., 39 r
choice, per yard s wu
$5.00 a pattern for the few remaining imported Novelty Dress Robes
that sold for $8.75, S9.50, Sio.50 and S12.50, to close f)f)
out the lot, take your choice, each sJ.uu
$7.50 a pattern for the few remaining imported Novelty Dress Robes
that sold for Si 5.50, $18.75, S22.50 and S28.50; only a 7 en
few left; take your choice, each .!
BLANKETS AND COMFORTS
Are now going at manufacturer's cost. Not many left, but we
wish to close out balance on hand. See what 35c, 50c, 75c and Si
will buy in a warm blanket. You'll be surprised.
IN MILLINERY
DEPARTMENT
January Clearing Sale Prices will prevail on all trimmed and un
trimmed Hats, Feathers, Plumes, Tips, Buckles and Fancy Goods
of every description.
will buy choice of entire line of Trimmed Hats selling at 5. SO
(0 7.75.
will buy choice of entire line of Trimmed Hats selling at 8.75
to 12.50. .
Will buy choice of our entire line of Trimmed Hats selling at
11.50 to 19,25.
pr n will buy choice of our entire line of Ladies' and Misses' Sailors
OUC selling at 1.00 and 1.25.
n will buy choice of our entire line of Misses' and Children's Tarn
ZOC O'Shanters, Vassars and Napoleons.also Boys' Military Caps
selling at 50c to 1.00.
3.75
5.50
7.50
The Liveliest Silk Selling
of this city's history starts tomorrow with a few special offerings. AU
extra good fabrics, and while they last yoti can buy them at a saving that
will pay the dressmaker. Who'll be first ?
Colored novelty figured and brocaded Taffeta Silks, changeable Taffetas,
brocaded Duchesse in evening shades; also black brocaded and fig-.
ured Bayadere and Pekin striped Taffeta and satin c Q-
Duchesse, selling at 85c, 95c and $L15, choice, per yard . . .OifC
CAPES AND JACKETS
Nearly sold out. Only a few left. and they must go.
Make us an offer, and if not less than 25c or 33c on
the dollar, we may accept.
$1.90 for any of our ladies' plush or cloth Capes or cloth f nn
Jackets that sell for S3-50 to S4.75 each, choice, each ?."'
$3.25 for any of our ladies' cloth Capes or Jackets that sell Q lift
for S5.50, $6.25 to S8.25, choice, each, ...,.. O.Z.U
$5.5 for any of our ladies' cloth Capes or Jackets that sell r frn
atSt0.75, St 1.75 to $13-75, choice, each ;.. ..f..,V'U
ALWAYS THE BEST for the
LEAST MONEY.
ERT HAMPE
Main Street and Texas Avenue,
Binz Building.
I j.;
:t
a
Tas would lncw at lo M Pjr cent.
H5f ?" iTnVEnt ZnS live be.de.
Kill'fMl th'e first wptoa. ot rrtlef ,
r,nl YnrJEnced for years. Jt Is there-
trying, to pay
?." Er?.SSJ. f '. 11 of Tiki. cePt
icro ia iu """- ,h,f tha .,,,, i,
the
lender,
tint tno rato
ax
this result.
te-
woney '. 'rl "a ;,, vnu to
Uuccd. and I wouw . r- - -- - t
as a
..... a i.i nnmi
'". uuu V""" ,, jit... that you,
blS"" KS3., di bin, whieb
rcpuDuwu. '""""""', mpimirt' be. de
would lllcely. oa a J.Kj d7mol.
fcated, $ 11 ?5Ser duty
political wrty. Jhe ets a
peoplo and tno iofy,".t..iy o uarty.
atand far in advance of any duty to pariy.
I would tbereforo, suggest that 7" ?,P"l
U however, after earnest non?l.T.
of defeating it, and in 1900 wo can go be
fore tho peoplo of Texaa with that as a
State itsue. and wUl kavo it to the people,
then to say whether .they will vote with
their interests'1 not.
For & further elaboration of this argu
ment I would refer you to the leading, edi
torials on thifl wbjerat In tbo Texas State'
Journal for several weeks past, in which 1
havo embraced many facts, .wh.ch space In
this letter prevents me from, using. It is
my eincere hopo that at tho coming woot-'
ics of tho legislature you wil) feel dls
rxced to an'J will bo successful In haying
tho bll passed which will grant th! groat
bocn to Toxaa people. Respectfully, ,
joua uraai.
Hujiponlnv be Oaae.
To tho Editor of Tho Pont. rf
Bonney. Tcsas, January 1, Supposing,
tliocaso that 1 should organize a company
to liulM a ratlrpad from Houston fouth'1
say to me buu auuui mir mue km
through the prairie avlldernes .of grass.
I am told this road, Including rolling etock..
caa'be built for 1800? r anile, but "aag
it costs UO.00O per mile, nch would bo
JEOO.OOft for tho whole road.
Somo bonus .ouIl bo sttoa, xvhlch I will
throw In for good measure,
This rond, runnlnG through a wlldronesu
of grayj. would not likely pay very wall
unlets the grass be utilized, which imsat
to done, and tho figures couW bo m.vlo
to read as follows- Jtoid 60 miles long. 20
miles of which would have choice gr.isj
land from 7 to 10 mlfea wide on each sido
of tho road. And euwwwlns the ca3; after
the ro.-d Is tbira commoted, 1 Bliould tfttab
Hsh 10 bay stations along eald 30 miles,
at a cot of 110,000 each, or an even $100,
1)00, building hoy iheda ncd (umlshlng
Capital to run '" W uusiuKes
ttaitlon,
New. lrt u eupposo what this scheme
would likely bo as a dlvllend macbiirj.
In tho first pluo, there Is no doubt but
that BUfftolcut farmers can be procuwd
to cut every spear of grass from one 1u
thrws tlmeo .3 year, within at least seven
inllcj oa oach- ilo of thte road, which
wctfd mtan a i,wath of fourteen miles
wide and thirty miles long; nr In pthiT
word0, 268,800 acres. Theso, thirty miles
ara aewly all rtrti anl Una graaa laada, I
having thrown in about ten mllos of lend
not eo rich for koc4 moisuremcnt and an-
. other ten irflta of thtr ro& rt figured as
brlnirlng any gram, it wouia certainly
averago one and a half tons of chqloe Jwy
per acre one year with another with two or
tlireo cuttings, wuica wouiu 00 wa.uw ions
of hay. My road would get all the hauling,
ami If the fro'cht charges would be $3
pea ton or $18 per cor ono-tblrd se than
1 have paid in on average tho past yoor,
whiteh averago was JM.'.'G per car ths
toad would have uj yearly Incorao from
fcaulirg bay alone of $500,400, bosMles tbo
local freight Itttb ways, and the passenger
receipts, to Miy nothing about tho profits
on tbo $100,000 invested in 1irfy ebeds and
boy business. v would at least stand
thus;
First cost of fifty rallee rod.,.,-,,500,000
Hay pliedn and business .. 100,000
Total finK rot "... ..IfiOO.OOQ
Income from baullpg hay oa year,
0M00: balance to pp)y on runnlnK of
rnn.l. l"rtR.4nO.
Iaoal freight, paswenzer rccelpta,
vmi e.iu fljriiro for vouraelvca
Hupposing toe oaa iav t annui'ifu
a company to build this road,- would you
loin that company7 Suppcng the case'tbat
1 have already organized It and only organ
ized tlio South Texas Hay ossociatlon aa an
auxiliary to Ma scbcaio and (bat I have
BUttlCluut capital subscribed to build' tills
road and, pay cafih for same, but that I
W3,nt some mora to cyeate a large emer
gency fund, will you isubscribo, and ,how
much?
Now, don't nil screak at anas, but each
ono for himself In measured terms, and.
don't offer such a largo,, amount as though
ncu wonted a-controllong interest iu, the
concern, but ln mceknosn cast your broad
on (dVep) u-Aterd, supposing (he case. lie
siwctfully, p. y Meyor,'"
CHOI'S ,f RVKNISbaTf
Collon AM Murketnl 0 for ,'flrtfli
iipu Are Hcarciv "J4.; &.''',
all gtUhorrtl arul sold, farmenr net, hollHg
hiiAl' anv. inn la iiaft initial 'rttiotinm IIaMAm
f.UT''H
ranohman da fecdlnr more or 1mi of hli all
cows and calves Ihlawlutor'havlnf faaaija'
bitter wcBerleoce'jjnrytaajAUiaroUilial'
through process' laat wlnter..ifij'
Our. fajmera havingfallWrto;'raatJga .
tain for soed purpoclaat;yar,"tlMwa la
a groac many car loaaaof.sos.oata-coaai
jn now, ana are Doiag.pianwoiwrjpw
eyaa' Ujia.-eMly.VhJthXpoaptatraV
acreage than ever waahkaawa-. la
county Defor.iiTn'.m'ouad'ltoi
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