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TO OUR PATRONS i * K ; ft * . ' ** • • ? * • 1 Jp • lif M WF. desire to express our appreciation for the business which you have favor ad <*s in the past, and we hope for the W13 continuance of our friendly relations. Yours vary trvdr • : ; • *. r . / .« * «* RICHARDSON - Hardware Co. SWI Ft SMIS wn RITES MU IF USED From October 1. 1906, to June 30. 1910, the Norfolk A Western spent 187,000,000 for additions, extensions and improvements along its lines. Of this amount twenty-three million dollars, was spent from the surplus earn ings of the road. f>-,i' * Every point made by Mr. Hide*, of th/sante Fe, in tne following ar ticle is. in every way, applicable to the Norfolk « Western. The Outlook of December 8. says that it is a foregone conclusion that every railroad must . earn more than merely fair dividends on its common stock. It is necessary . to earn a large surplus in order to have sufficient credit to raise enormous sums required to develop the property in accordance with the demands and requirements of th* .public. This edJtorkH~_xui* based on an article written by Walker I). Hines,’Chairman of the Executive Committee of the .Atchison. Topeka and Saute Fe Railway. Mr. Hines in his article said: \ The interest In the question of advanced railroad rates extends far beyond the shippers and the railroads themselves to thq Interest of railway labor, investors in railway securities, producers of ruiltfuf *uprl!<* and materials. thrvK concerned in the opening up pf the und* eloped regions pf this country and above all the interest of all the people in the Extension of ' railway transportation, increased conveniences, efficiency and safety of that transportation are vitally involved. , The Sante Fe has spent 200 million In Improvement* bfi its property In the past fourteen and a half years. In addition to Heavy operating ex penses, and for Increased mileegefour million five hundred thousand dol lar* have been spent each year except the one peat wbfcn tfi.dno oto wan M expended in this one department. * -l la the opinion of the officer* of the company these exp*Bdhur«, will contimre to average from twenty million to tweoty-ttve milUoa* a year and’'' perhaps more to meet every increasing requirement'*^ additional and lmt,i proved equipments and improvements on the axlstthg line*. In addition there should be from five to tenmUllon a year for the construction of new mileage. All such expenditure* will increase cobtlnuaily and prpgrefl*lv«iv with the growth of .the country. If the Sante Fe and other railways h*d been eo managed at to be nearly just as good as they were fifteen ye*** sgo with small locomotives and cam. light roll, poor roAd bods, absence <4 convenience and safety appliance, the country * transportation facilities would be clearly obsolete and out of keeping today. KxpendUure* have , been made only as necessary to keep up with the orOgre.** of.the country. • Then ft must be apparent thaf the raising of enormous amount* of money lor extenv.op* and improvements is a prim*' function of the company and • of highest importnace to the public. .Surplus earnings ronnot bd drawn on where no surplus exists No one will buy stock unless It can be expected to pay reasonable dividends. Prop*j*> already «o-ifed by mortgage canhot be mortgaged snow and a borrower.in doing a profitablebusing cannot i' borrow money on unsecured bonds or promissory notes, tvhne |#e spent ISO million of borrowed money, it also spent fifty million of surplus earnings If the earnings hsd no* been sufficient for these expenditures the coWpany would have had to borronr fifty million more thus placing an additional burden of fifty million on the property. In order to ke»n pare' < the rapid increasing demands of railroads everywhere It is plainly nec e tai y .\*t the surplus earnings should incre**.. f, rrespondlngly -*lfh the increased busine**, a* increased bu«ine*a also mean* Increased expanse* Other Increase* are due to increased taxation, labor and material- Divi dende cannot he reduced on the common stock without Injuring the cy>tn p**ny> credit sod prevent its borrowing new capital when necessary The Kante Ke has been an exceptionally prosperous railway company and yet. Increasing burdens of operation make it imperative that the com parr ha-e such Increase m revenue* if it is to fulfill reasonable expects tion* of tb* public for improvements and extension- of t ran e pc, rt«t I or and •wore such conditions exist on the Kante Ke they exist even mor*- tUnf\; on numerous other lines lea* fortunate and whose transportation rafl for enormous expendtures and additional capital in order to keep pace with the Increasing demands for Improrernent «nd rxtrwidnw Very few coin **j panies have been able to 8pend as much on ltnprot emetits *» «m» v* and such companies need all the more protection from indue encroachment of their surplus earnings by the rlfctnr tide of *-xpeurie-. The question of rates will be successfully HOhed If deep -with I* V' business way. if business conditions continue t olncrotUo the railwa be able to raise additional capital without any undue burdea in any Hirer \ t»on. provided they are permitted in the adjusting of 'their rates tfc re gard. within reasonable limit*, those conditions which govern the prices of everything else, and provided also that the railroad compile* Oo, overwhelmed with too greatly Increased operating expense* to meet p ibllc demands for additional conveniences and comfort* la other «ord* H la a Q icetioo for tfee te uecidk —A4i erU»eme*t 1 9 1 l * 4 * k / : ' • ;■ • : > * .« • * • * * \ . . •<* ‘ % * * . ^ 4^ * 'm , Looking Forward SnW( Better, Bigger, Brighter js;g than ever before . if this is possible .. * '* * Will Ms fior Stock sod Service In ‘J 'l With our face toward the East toward The Rising Sun « ^P without regard to {jj^past accomplishments we shall aim to make an unparalleled record in the cqrhfott '>* v‘ year. WC WILL t diV We Will * Rand0l5^ Si M,itt®ndorfcllobr, .. * Leading Jewelers • •• { 7 * , BLUEFIELD, W. VA, • , *..W, Moore re'i rocd morning from Williamson. ■ ’ -mo * * * d ,j Attorney I). M. Kasley left this tDoralng for Welch on buainaag. * * * , „ ■ K. M. Garrett returned from ■ clnnatl this morning where he luid Seen on ness. * * * Rows will leave tomorrow , a few days in Franklin munty with his parents. • “* ; • * • • ' i Mayor 8. Frazier Stowers wan call 'd away from the city yesterday morn ng on accotmt of the illness of his mother. * # a Mias Khsabeth Hatcher, who has been visiting her sister, Mrs. P. H. Chelf of Salem. Va.. returned this morning. a * * H. W. Banders of Oread*, who was recently elected to the House of Dele fate* In W’yomiog county Is lr> the city today. A. ft* Bradley, pharmacist .at tft*j Bouth fHIdfc Drug company returnflf this morning from Roanoke whcj^Et ! vlalted home folks. :/f 1 i. ♦ • • ■ i j J. trank ‘ Maynard retarded ihle morning from an attended trtp through the weatern states, where hae bean in the inter** of t>r frnJt^ grower* association. f J <?,—■ j Cr',tk**~ «• taur.ieil.ed, ft>1a the IntantM art*. tantiemes *2a«^la • make i cricket tan?‘[ of Wetmada. and arrnngementa are b* t leg rtude to ach*dnle dnte* tn pmbrv » am Vert •omme the Uerman’owr Cricket club of Philadelphia trill *»r.<1 * team abroad to »our Kngland. rather , a daring undertokirg In **w ,*f IJ f»ci that eleven* «»pre*M>ntlng th* / combined cricket strength of Phllndei I pai« knve b d fhcJr hand* fnll in pjMC f toft hgo!tt*i the forrr*'J*ibie (,Hle 0»|j Great Hrltiiiu. H MoFaHt d Wealthy Oi;yi(fm) 11 P'Oy*; M''i'. r( »'.ni bkn*tO;*t bjtTHn riding in ism. h ,* Oea ef Test Meed’a Last Je6r> fI Hhortty before ble de**h. befag nil ited by a clergyman rrhr**e f&i.rJJ ,w*U ftt language were r<<r* * U gtinriotia than /•oneoilng. Hood Irok/f at hlfn compassionately and m|4 *ef^ deer elr. f am afrnk) to*jr #1 I1g1«m doesn't agree wild 'xon.'pfi Htncfct'i rteinlnltu«*n<.ee TAX NOTICE. [ Pave you paid your citv t»x< M. It would be well to do no January frret, hh 10 per cent all added to ticket* on that date. L. A. HOOPKR, Tn Thrift meane prosperity. I»n‘ ■»9wr roureelf thrifty until attended The Grand I Out &f Redeem Sale. itoU Oi C.A*° OF THANKS . lydltor Leadei*:'' ' ■w^fe*** ^nndt express the <Je*p ?<?• ] . our heart* to the many r^nd^ wtio mlnlatered #6 kindly fd jWjn the7de«th which bereft ua of a lH*lovdd wife and mother, and we reel Q)Kt Public acknowledgment of the l« proper. Nothing that lovlp* ttarxd# c6uld do to eofte-n the Morrow dm,Yte<1 Bnd w‘‘ f*el and know. ot hurnRQ sympathy a# nev MrV CM* rldieKt .ble^a with every one, le the earn- J aat wish of . l*L,H KITTH nnd FAMII'Y NOTICE The Chi4WMi*’ t^-oderw ritei^s Agency ruu» moved it# offtcee from the iThprn ion buJWUig to the Flat Top NAtkijil ’ Bank building, comer of fctiAeell ftreet ami FMneet-oo avenues In tjlg ■oom# formerly occupied by .Attorney ‘ [). M. Egeley. f~~--J< --- ifICE TO MASON*. Ul be a Hpecial r©tnwvilc» lluefleld lodge No. gy at 7:30. VI fitting brethren attend. Work in 3rd d* • ; * K. D. I*AYNK. ft-.: «M. ? »nd Leader'll Going Gut of Sale U *mque*nJtmaWy (lu rent of the aeeeon. Ceh run alee it? t. *nd leader Going out of Snle~crt*temj>laU the full ^l* event. * nil element of chaac* by Mb ft. H. $k*l«r. Tnyurene* tT Jg* T - • »nr v/n »-*f If , . ■ ■* ~ ^ F ancy and Imported I n ■ . n ft vjrccenes ? rresh Fruits • if ( and Vegetables -.-r4-. Phone Me i V out ] j i Order* I i Retahlidred nearly a quarter off * Century .. , !^Q I • ... t MADAmC- SHERRY a11 OVPr thf* coim **y j* \ymvpfy, foxing or whistling fcoiQp of file score of the big M»tmijjot[^ItfJIllM success, "maflame Hherr^v'j ^ lmprwn*lon Is current 1r: rOW<V ♦hat the production's CS?£RM? !/i. part musical. Re por.tj^fyjH t‘ mirth qualities of engaging rhin i*j> . of a man for a ‘^l^^ftd^^^ci -Hr-ciimatanceK, lovo of tbe *Wy\tyfti'y>m*nUc sort, love that heart of youth and Hourlehea «i».|rua^ove ever does, when F iHsn t an Eastman, It f$jiVi Kodak • • V ' Kodaks $5.00 to $35.00 Brownie Cameras $ 1.00 to $ 12.00 We carry a complete line fit Kodaks and Kadok Supplies W. H Harry & Company v' i it •«».* ‘ ’ ‘ ' -* r .» / things- do not go smoothly, Is the reign ing spell of ,the production, according to report, but this love, this courtship is so beset on Roy many aid***, and attended byt so many misadventures, that while itself remaining an appeal ing interest^ all it» accessory situa tions arouse amusement. Some idea of the fun developed may perhaps he gleaned by a Humniary of the charac ter of the play which besides the lov ers Include an Italian house janitor, his Irish wife, a lively fun-loving ac tress, a New' York man about town, an excitable Venezuelan, an amusing ly wb.imaicgl uncle pf the raAld in love *n«l others* including the pupil's of a danqing school hntf the guests ofj >4 yachting party.. » piax^^ill i>e presented at the Elks’ Opera house January 10. USES EVERYWHERE >B. Harris presents his he Lion and the Mouse” at the Klks’ Opera house | he given another oppor ttml^ or fitting the piay which has ijjgrfc extensively commended than anytTimg on the native stage i ahd 'Which'has been given the credit ! of ‘meriting everything enthusiastic' uttered in its favor. Charles Klein 'i ■-r_ .. ’ ---- - J. . --il U...L' I Is the author and the play ha* record ed a success that will bring lasting fame to Its creator even though hp never write* anything else. Treating with high finance and the evil* nr money influeh^, Mr.< Klelh followed in original idea and worked hi* story ont with marvelously well-planned de tail. Mr. Harris did the rest by looting a company of splendid abllHy and the American playgoers are te* tifying their'appreciation by crowding the theatre wherever "T^e X^t>n >**<1 the Mouse" is ottered. -•—~—*-“ • ■ - THE TRAVELING SALESMAN A No more natural scene has been presented on 'the stage than that In the second act of "The Tf^veiig> Salesman*’ jAraes Forbes’ greatest r-omedy. which will come to the Elks’ Opera house on January 4. In thla 3 scene is shown a party of traveling ^ men “kept on the road” at Christmas * time and endeavoring to while away the lonely holiday with a poker game, rhe dialogue is breezy and so true to life that it makes an Instant appeal to svery man and woman in the audi ence. Frank J. McIntyre, in the. lead ng role, is a comedian of more than average ability, and the presenting Twnpany is adorable in every respect » /wy1 Vow u/iXrr. *»lfv ’ k .<rf <i*+ * { 4 —Abuot— *»‘4l iL'n ^ » # ** * »*>, ■’ L ill ♦ « . v\ • t * • .' GOING OUT OF BUSINESS SALE » • , , • | ,-,t We are going out of Business. This accounts for our rash cutting ' * :C of prices on seasonable ; merchandise «,•; . . .. ■ ■ • • • ... . i ■ iru ■ t fit f 1 , • * m When this decision was reached we simply wiped opt old prices and made new ones that will compel the goods to move so we can vacate by January 1 st. Every •article in the house gets a going out of business price. W/ / f We have stated the facts and named the mice_no time for foolishness' $ . * COME EARLY AND MAKE i ' YOUR SELECTION