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EDITORIAL CURRENT EVENTS: THE DRIFT OF THINGS AS x WE SEE IT. We who.lived through last week lived through a history-making periodj day after day our news papers brought us news of a battle which will be read about through generations yet unborn. For the struggle between Japanese and Russians at Xiao Yang cannot fail to become historic. Prac tically a half million men. it is said, were engaged in the terrible conflict, while at Waterloo the com bined forces numbered only 200,000, and at Getts burg only 188,000. "'. 'The Fateful Struggle at Liao Yang. For quite, awhile it has been expected that at Liao Yang about 400 miles north of Port Arthur the most momentous battle of the war would be fought. To this point the Russians had been forced by the advancing Japanese armies from three points of the compass; and here, encircled with bristling fortifications for fifteen miles about him, and, with most of Kuropatkin's stores and supplies to fall back upon, the Russian paused and awaited confidently the attack of the yellow man. And not long did he wait. After fighting in the vicinity for nearly a week, the Japanese forces last Tuesday found themselves near enough to be gin the real attack on the Russian garrison. "Like the great Northern hurricane That sweeps his great plateau, Flushed with the triumph yet to gain, Came down the serried foe." And then began the battle of the giants 200,000 Russians pitted against 1'00,000 Japanese. No form of land fighting is there that did not here play its part. " There was cannonading at long range, shaking the earth and sickening the men with its deafening crashes; then infantry and cavalry charges with the two armies facing each other in battle array the dead and the dying borne off by hundreds and lastly, the hand-to-hand conflicts, when, with bayonets as weapons, individual Japanese struggled with individual Russians, the lives of the duelists trembling in the balance. The Desperate Valor of the Opposing Forces. The following dispatch from St. Petersburg last Friday presents a rather vivid picture of the struggle: "The fighting at Liao, Yang has beaten all rec ords for desperate valor of the assailants and the individual stubbornness of defenders. The whole history of warfare tells of no such bombard ments, no such carnage and no such persistency. Day after day the fight has been resumed at day break and kept up with hardly a moment's inter mission until after nightfall. War-scarred vet erans scarce believe the stories which come from the seat of war and declare it is beyond human endurance for an army to fight without respite for a whole week, each day of which has exceeded its predecessor in the intensity of the struggle. Day after day the thousands of dead bestrewing the battlefield have to be removed. The Japanese have invented new methods to incinerate the heap3 of dead comrades, removing the ashes for the hon ors of burial in Japan. The wounded present a most serious problem as they tax the transport capacity on both sides to the uttermost. The m most difficult problem, however, is the bringing. up of supplies of food and ammunition to every point of the fighting line, which extends from ten -to twenty miles. Never has such a bombardment been known. An eye-witness of the battle of Yafangow told the Associated Press correspond ent that many officers suffered nervous prostra tion owing to the terribVroar of the artillery and one military attache had. to be taken home for the same reason. Yet the artillery fire at Yafan gow was far inferior in intensity to that at Liao Yang." t . - The Japanese Again Victorious. We had felt that at Liao Yang, sheer luck, if nothing else, might bring victory to the Russian arms; but again the Czar's telegram to Kuropat kin must read, "Congratulations on your gallant flight." For while the Russian government an nounced that "General Kuropatkin's move is not to be considered as a retreat, but rather as the carrying out of a well-defined idea," the aforesaid well-defined idea seems to have been nothing more nor less than a desire to get out of reach of the terrible little yellow men. The magazines at Liao Yang were blown up, the enormous quanti ties of army stores and provisions were fired, and the Japanese flag now flies over the former cit adel of the Russians. Meanwhile Kuropatkin's fleeing army has been divided thus lessening the chances of his relieving Port Arthur. The Jap anese estimate their own losses since August 23 at 25,000, and the Russian losses at 30,000. . At Port Arthur. The eyes of the world were turned to Liao Yang last week, and in the excitement Port Arthur was almost forgotten. In fact, there seems -to have been but little action of importance in the neigh borhood of the beleaguered city. "The siege," as the Country Gentleman of September 3rd ob serves, "has already gone on long enough to be reckoned one of the most important in history, both in length of, time and in loss of life. Having begun May 13, it has lasted a full three months, and a half; and General Stoessel undoubtedly in tends to hold out to the last possible moment. He is said to have telegraphed to a friend, 'Farewell forever; Port Arthur will be my tomb.' This is no vaudeville affair of Spain or Ghina, but the grapple of strong nations in deadly earnest, striv ing to the uttermost limit of their powers. And it is the first siege of a great fortress equipped with modern armament. The strongholds of the Boer war, Ladysmith, Mafeking and Kimberley, were not as strong topographically as Port Arthur, and all were relieved by forces fighting under the same flag. Sir George White held Ladysmith 118 days before the English came to his rescue; Kim berley stood out 123 days, and Baden-Powell held Mafeking for an even longer time. But these towns had no such force or such a number of guns against them, as the Japanese are now using in their offensive operations." In this connection it should be said that the Russian navy in the Far East has now been re duced to a mere remnant of its former strength. Only four important Japanese vessels have been lost, while we could fill half a column with a mere statement of the Russian disaster, the value of the Czar's vessels damaged and sunk being esti mated at more than $76,000,000. Lease of the A. & W. C. Railway. The A. & N. C.v Railway, the only line now op erated by the State of North Carolina, and which has been a storm center of agitation for nearly a year, was leased last week to the Richard S. How land Improvement Company, of Asheville, for a term of ninety-one yeary and four months. The lease was decided on at a called meeting of the stockholders held ir New Bern Thursday. The following was the stock vote for the resolution: By J. A. Bryan, 147; Craven County stock, 135; Lenoir -County, 56; Denisey Wood, 310; C. M. Bus bee, 8; by H. R. Bryan, Jr., 37; by E. C. Duncan. 208; T. J. Jarvis, 8; total private stock, 908; State proxy, 350; total for lease, 1,258. Against lease: by J. A. Bryan, 2; Pamlico County, 26; by Demsey Wood,, 15; by C. E. Foy, 51; L. G. Daniels, 3: tota.:97. As chairman of the State Board of In ternal Improvements, Governor Aycock was pres ent and with Mr. B. W. Ballard out-voted the tHrd member of the board (Mr. B. C. Beckwith), thus throwing the State's 350 votes in favor of the lease. "The proposition of the Howland Improvement Company, which has been accepted, is for ninety one years and four months. The rental is 3 per cent on the capital stock for the first ten years, 3 ner cent f or the second ten years, SV2 for the third ten years, 4 for fourth ten years, 4 for the fifth ten years, 5 for the sixth ten years, and 6 per cent for the balance of the term. The How land Company assumes and pays the bonded in debtedness of the road as it falls due, and if the debt is refunded it shall be at the lowest possible rate of interest, and in no case shall Howland pay more than 6 per cent on these bonds. Howland also agrees to pay all taxes, all expense of keeping alive the corporate existence of the company and for experts to make inspection of the same, not to exceed over $1,200. a year. Howland takes the supplies on hand at their market value and pays cash. He. is to keep, the road in good condition and pay off the notes amounting to $12,000 for the Atlantic Hotel as they fall due. Within the next three years he promises to spend $250,000 in per manent improvements. For the faithful perf orm aice of the lease he will deposit $100,000 in North Carolina or United States bonds with the State Treasurer." Political Notes. . The most interesting bit of political news last week was David B. Hill's announcement on the celebration of his sixty-first birthday that he would retire from politics after January 1st. The announcement came as a great surprise. After a period of innocuous desuetude, Hijl emerged into political prominence again last year as the man ager of tKe Parker campaign, and in, this work he has been so eminently successful that many people have expected Parker to feward him with a Cabi net position, in case of a Democratic victory this fall. In fact, it has been generally said in New York that Hill would be Parker's Secretary of State, and this statement owing to Hill's un popularity was probably damaging Parker's chances. Hill is a man to whom politics has been food and drink, wife and child.. He has played it as a great game." In 1892 he hoped to win the. Democratic nomination for the Presidency, and if Cleveland had been re-elected in 1888, thus barring him from the field in 1892, Hill might have reach ed the White House. He did not take an active part in thecampaign of 1896. As he said in a now famous letter to a political friend, "I am a Demo cratic still very still. In 1900 he supported Bryan, but without much enthusiasm. Returning from the convention which nominated the Ne braskan, he declared that "Presidents are like sausages: you like them better if you don't see tnem made. lwa years ago JudgeJfarker was prominently mentioned as the Democratic for Governor of New York, and it has been charged ever since that Hill forced the nomination of Coler, a weaker candidate, on account of jealousy of Parker. ; Hill, it is said, feared that Parker would be elected Governor and thus gain such prominence as to capture the Democratic Presi dential nomination this year a prize which Hill himself still had lingering hopes of obtaining. When no Hill sentiment developed, however, he took charge of the Parker campaign and carried it to, a successful issue. It may not appear on the surface, but it must be true that the great -New York politician quits his career a disappointed man. On page 5 we are printing sketches and pictures of the Presidential possibilities. It is interesting to note that of the four men, three Parker, Fair banks, and Davis were reared on the farm. I do not remember a book in alPthe depths of v learning, nor a scrap in literature, nor a mark in all the schools of art, from which its author has derived a permanent renown that' is not known to have been long and patiently elaborated. Beech-