The times and democrat. (Orangeburg, S.C.) 1881-current, May 20, 1911, Image 1

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] PUBLISHED TRI-WEEKL"b FELDER WANTED Dispensary Commission Orders Him toj Come and Give Evidence. HAY DECLINE TO COME He Mxy Take the Position That He Will Respond to the. Demand Un less the Propers Are Named by the Legislature as First Suggested by the Governor. T. B Felder of Atlanta has been ordered by the new dispensary com mission to appear in Columbia on tMay 29 and tell what he know's of the affairs-of the old State dispen sary. He has been ordered "to furnish all ir formation in his possession in regard to any matter or matters con nected with the said State dispensary I against any officer of said institution or of this State, and particularly the ] governor of this State." No announcement has been made "by Mr. Felder as to whether he will come to Columbia and give the in formation desired. It may be .that he will refuse to testify at this time] on the ground that the new dispen sary commission has no right to J make the Investigation requested by | the governor of the State. In che event thajt he refuses to ap pear .before the present dispensary] commission, ft is likely that Mr. Fel der will withhold his information un til an investigating committee 13 named by the general assembly. The resolution passed by the new dispen sary commission is as follows: "Us it resolved, That this commis-| sion meet on the 29 th day of May, A. D. 1911, and that Thomas B. Felder of the firm of Anderson, Felder Rountree & Wilson be required to ap peal- before said commission on that date and furnish them with all in formation in his possession or in the possession of his firm in connection with all matters and affairs of any and all claims due or owing to or by the State of South Carolina from and to any and all person or persons, in obedience to the contract made with the late members of this commision in writing by the said Anderson, Fel der, Rountree & Wilson. "Resolved, second that the said Themas B. Felder at the same time be required to furinsh all informa tion in ihis possession in regard to any matter or matters connected with the said State dispensary against any offender of said institu tion or of this State, and particular ly the governor of this State, the Hon. Cole L. 'Blease, in accordance with his communications heretofore imaie, either in person or through ?the press of this State, and .that he also furnish any information .that he has in his possession, showing any connection or any dealing in person! or as agent for others that thy saidi Ho a. Cole L. Blease may have had with the State dispensary directors cr any other persons or persons con nected with said institution. "Resolved, third. Ibat a ropy of these resolutions be transmitted by registered letter through the United States mail to the said Anderson, Felder, Rountree & Wilson, and u copy individually to Thomas B. Fel det of said firm." REV. GEORGE W. WALKER DEAD. President of Paine College for Twen ty-eight Years. Fi-ev. Geo. W. Walker, D. D., presi dent of the Paine College for Ne groes, and a widely known Methodist minister, died at Augusta, Ga., Wed nesday, aged sixty years. He was a native of Marion. S. C, and a gradu ate of Wofford College. In 1SS3 when the Methodist Epis copal Church of the South decided to have a school in which to train ntgro teachers and preachers, Dr. Walker volunteered to undertake the work and he was made president of Paine College, which position he has held ever since. The n?gT'0 men at the school will be active, pallbearers and the white Methodist ministers of the city will be honorary pallbearers at the funer al. Bishop Warren A. Candler has wired that he will attend the funeral. RAVAGES OF INSECTS. (,'i?orgia Cotton Growers Think They Are a Menace. Fearing that their cotton crops may be s?riously damaged, if not entirely ruined, by the cow pea cur culio, which has recently made its ap 0 earance on cotton stalks in certain portions of Georgia, W. H. Ward and c thers of Ohoopee, Toombs county, Georgia, has forwarded to Congress man Edwards of that stat>^, at Wash ington, a jar of the parasites, which have been turned over to Dr. L. 0. Howard, entomolcjzdst of the depart ment of agriculture, for examination. r'hese bugs have never before been known to eat cotton stalks, always confining their destruction to the pea vine. It is .believed that, unless something is done quickly, cotton growers will suffer greatly when the parasites spread from section to sec tion. DUE TO BRIBERY LORIMER'S ELECTION DECLARED TO BE CORRUPT. Judge's Ruling in Ca-<e Charged as Unwarranted Interference With Perogatives of Legislature. The report of the Heim senatorial committee, appointed to investigate circumstances surrounding the elec tion of William Lorimer to the Unit ed. States senate was returned to the senate at Springfield, 111., Wednes day. The most vital paints are: A criticism of Judg j Petit of Chi jcago, for his ruling the habeas corpus case involving Tilden, Cum-| mins and Benedict, and this expres sion: "Your committee hap reached the j conclusion that the election of Wll-j Ham Lorimer "before she last general assembly would not have occurred had it not been for bribery and cor ruption." , The- report says the committee went-over all the testimony in the Lee O'Neill 'Brown, Pemberton, Clarke and'Broderick trials and also sets forth the summoning of H. H. Kohlsaat, publisher of the Chicago Record-Herald, and Mr. Kohisaat's disclosure of the fadf that it was Clarence R. Funk, secretary of the international Har*. ester Company, who had told him of a conversation, which he (Funk) had with Edwin HInes, in which he is alleged to have informed Funk that he had succeed d in electing Mr. Lorimer to the United States senate at a cost to him and -other unnamed persons of about $100,000. Regarding the habeas corpus de cision of Judge Petit in the cases of Tilden, Cummings and Benedict, the committee says: "Such action w an unlawful in terference on the part of a member of the judiciary with the legislative branch of the government." Inability to make a srrching in vestigation when all documents alleg ed to have been in thte hands of Til den. Cummings and Benedict could n>ot be located is noted. The committee also touches on the so-called "jack-pot" episode, but de clares that so long as no person pub licly connected with that matter, is any longer a member of the senate, no recommendation is made. BRIDE AT EIGHTY-FOUR. Mrs. Nancy Mima and Preston Bet tison Married. A marriage of unusual interest from several standpoints occurred several miles fror. Barn well at the home of Ball Mitchell Sunday, the 14th inst., when Mrs. (Nancy Mims was married to Preston Bettison, Magistrate M. C. Kitchings of Willis ton performing the ceremony. The bride has reached her 84th milestone of life's journey, while 71 years have passed over the head of the groom. This is Mrs. 'Bettison's fourth matri nominal venture and the second for the igsroom. The' courtship Is said to have been very short, consisting of only one call from Mr. Bettison. The happy couple will make their future home in Rosemary township, this! county. Fifty people witnessed thei ceremony. BRYAN GUTS HIS VIEWS. Trust Question More of an Issue Now Than for Years. William Jennings Bryan, while at Toronta, Ont., on a lecture tour, said Wednesday regarding the Standard Oil decision: "This decision is likely to make the trust question more of an issue than it has been in recent years. While on the face of it the decision seems a victory for the gov ernment, it virtually amends the anti-j trust law by construirtg it to prohibit, not all restraints of trade, but only' such restraint a? the courts, after each lengthy litigation, nay decide to be unreasonable." It will be not iced that Bryan's views coincide closely with the opinion rendered by Justice Harlron. ?? ? ? Died at Hie Reunion. ?Two additiontil deaths among the veterans attending the Confederate reunion at Little Rock, Ark., occur red Wednesday uight. W. M. Rivers of West Point, Ca.. after having been taken ill at the union passenger sta tion, died in a fe whours. W. L. Galloway, of Paris. Tenn., fell from the second floor of the Peabody school building and died in a few moments. Auto 'Hlls Negro. While speeding to the hospital in New Orleans with .lames Lavin, a painter who had fallen from a lad der, an automobile ambulance late Wednesday ran over and killed Hen ry Sims, a nec;ro boy. The negro was skating and darted toward the sidewalk in front of the ambulance. H^ was placed in the ambulance be side the painter but died in the hos pital. Bold Masked Robbers. At Los Angeles, Lack Doyle's saloon, famous as a training camp for prize fighters was held up Wed nesday night by two masked robbers. [The robbers str>od seven men. includ ing a constable, against a wall, rob j bed and then locked their victims in I the rear yard which is surrounded by i a fence. The bandits escaped. ORANGE BREACH WIDENS Iosorgeot and Regular Republicans Get ting Farther Apart FEELING IS INTENSE If the War Going on in the Republi can Party Does Not Materialize Now, It Will Come Into Evidence at Next Republican National Con" vention. The .Washington correspondent of The Columbia State says an analysis of the row In the Senate over the election of a president pro tempore has given special emphasis to the growing division among the senate Republicans. One thing after another is widen ing the breach among them and there is no sign whatever that it will be closed. The old guard leaders on the Republican side and the progres sives are getting further and further apart. The feeling between the twoi factions moreover is getting intense. Not a few political observers be lieve that in the split now on there is the forerunner of grave trouble in the Republican party In 1912. If such trouble does materialize it will materialize at the Republican con vention. Those who believe a third party is coming believe the beginning of It is now being fashioned in the senate in the struggles of the old guard and the progressives. Senator Gallinger, nominated in a Republican caucus for president pro tempore, might, under the circum stances that used to obtain in the senate, he expected to get the Re publican vote, but the progressive Republicans, with the exception of four?Borah, Brown, Kenyon and Dixon?did not go into the caucus and did not therefore vote for Sen : ator Gailin jer. They consider themselves in no way bound to sup port Senator Clapp, one of their own number. i The split comes after two years) of constant factional fighting. Of course there were forerunners of trouble before the last special ses-! sion on the tariff, but when that ses sion was held the differences be-i tween the regulars and insurgents j became acute. In the seven ballots, cast in the senate on the question; four insurgents voted steadily for Clapp. They were Bristow, LaFol-J j lette, Gronna and Poindexter. Had j i they been present, Senators Cum-i mings, Bourne, Crawford and Works j would have voted for Clapp. Senator Bacon, Democrat, got 35 votes as his highest number. The! highest Senator Gallinger got was! 32. Clapp got four votes and thej others were scattering. Senator Bacon narrowly escaped election but he did not quite get a majority of those present and voting. A fewj changes, it is :rue, would throw thej election to Gallinger, but it is a question whether any such changes will occur. In the first place Senator Galling er is recognized as one of the lead ing conservatives of the senate oldj guard. The conservatives charge! him with being strongly reactionary, j They are fighting not Gallinger per-] sonally, but the things he is standing for. They insist that a man of more liberal views ought to be In the chair of the presiding officer of the senate.* j JONES GOES TO PRISON Rich Farmer of Union County Loses Last Appeal. W. T. Jones, the wealthy Union county planter, must spend the re mainder of his days in the state peni tentiary for killing his wife, unless executive clemency is extended. The supreme court gave a decision Wednesday .dismissing the appeal for ja new trial on the grounds of after Idiscovered evidence, and Jones will, I be taken to the state penitentiary within ten days to begin serving his i sentence. The opinion in the case is by Robert Aldrich, acting associate i justice. The supreme court several months aisjo affirmed the decision. ? The governor several days ago re fused a pardon. W. T. Jones was tried at the Feb ! ruary term of court in Union county ^ in 1908 upon an indictment charging |him with the murder of his wife, Ma rion F. Jones, by administering to her or causing to be administered strychnine poison. He was convicted of murder v>ith recommendation to mercy and was sentenced to the state penitentiary for life. Salutes an Old Warship. AVith tli" ship's band playing the ' national air and the blue jackets with rifle.s at "present." the United States battleship Idaho Thursday sa luted the resting place of the old wooden United States war sloop Mis sissippi, of Admiral Farratgut's fleet, riddled and sunk by the Confederate land batteries at Port Hudson on the ..Mississippi river during the civil war. Black Hand Work. i Early Wednesday morning a bomb exploded in the heart of the hotel i district of New York, and shattered a few windows without hurting any : body, but it caused such consterna I tion among the sleepers in the big ! hotels that the police reserves had i to be called out. BURG, S. C, SATURDAY, MA\ WHAT IT HAS DONE GREAT AND GOOD WORK DONE BY THE FARMERS' UNION. President Barrett Points Out What This Grand Organization Has o Done for the Farmer. To the Officers and Members of the Farmers' Union: A new epoch was written in Amer ican history when the Farmers' Un ion became a truly national organi zation. Other associations of far mers had preceded it. But they had fallen by the sword of partisan politics or had failed to hitch en thusiasm to the harvest?so they fell. I speak advisedly when I say that the Farmers' Union is the first or ganization in history to successfully join theory with practice, to begin the movement of weeding the poli ticians from the innermost councils of the farmer, and to impress upon the letter that the Improvement of his lot rests .not in the hands of some far-off "uplifter" or hy-.by-night re former, but with himself. Today the world asks less for rhet oric and more for results. This is a very slight summary of what we have accomplished together with a state ment of what we yet hope, with the aid of the Almighty and our own courage, to accomplish: We have 1,628 warehouses, main ly for storing cotton. Mississippi leads the warehouse movement, with a million-dollar corporation. We own and operate a large num ber of elevators and terminal agenc ies for the handling of grain. We own and operate 245 packing houses. We own and operate dozens of newspapers. We own and operate coal mines. We own and operate several banks, flour mills, creameries, pickle fac j tories, several hundred stores, an im jplement factory, a phosphate plant, J a phosphate mine. We own and operate tobacco fac tories and warehouses, produce ex changes, fertilizer factories, peanut (warehouses, a peanut recleaner, many cotton grading schools, co-op erative life and fire insurance com panies. Any number of other general busi ness agencies are owned or controlled by members of the Farmers' Union. In this connection, It must not be forgotten that the Union does not of J ficially own these concerns. We are not a close corporation. In every j instance, ownership or control rests in individual members, consorting to gether for their own benefit. That ! is the true spirit of co-operation, j Before this order was organized, statistics showed that 70 per cent, of the farmers in the South were blighted with the curse of the mort jgage. We have cut down the per cental by one-half, and our work in ! that direction has hardly begun. The influence of the Farmers' Un jion is written upon many of the best laws put in recent years upon state and national statute <books. In many states we have secured radical increases in public school appropriations. In many of the states the Farmers' Union has been instrumental in the establishment of j agricultural colleges. Other important legislation, state jand national, now pending, is an in dication of the resistless Influence of j the organization among American [ farmers. We have made systematic ! canvasses of the various legislatures, land of several successive sessions of ' congresses. There is a new view point in Washington toward the j American farmer?and the might of the Farmers' Union, demonstrated in elections, is responsible for it. These achievements are the out ward sign of a great new movement in American agriculture. But they are not comparably Important to the : spirit of fraternity which we have ' wrought up among the farmers of this nation. It is fraternity, appeal ing to intelligence, that has wrought 'this progress. And the same force ? will develop in a thousand unex pected directions to solve the prob-j lems of the American farmer. Notable among the triumphs of \ the organization is that one which has brought a social awakening' among the farmers. In many states' it has brought thousands of white women and children out of the cotton : fields into the schools and the homes ?where they belonu. Had it done, nothing else, the existence thus far, of the Farmers' I"tiion would have i been justified by this transformation, that is merely in its beginning. I cite these facts as the basis of an argument that now is the time lor every American farmer to affil iate with this organization. It has passed the stage of experi ment. It is an assured, an achiev-' 'ing, permanent institution. Every farmer, however small, who joins it, increases his own power by the or ganized might of his three million brethren. If we have saved many millions for ? or.r members by co-operation and legislation if have defeated sev eral congressmen who were un worthy of office, several senators who were untrue to pledges: if we have' gradually instilled into our people, by gruelling, persistent labor, thej doctrine of business methods inj farming: if we have weeded out of the organization some of Hk? most, unprincipled scoundrels in the land,| and thereby strengthened it? Have we not the right to go before! r20, 1911. PEACE IN SIGHT Diaz Announces Willingness to Resign as President of Mexico. BEFORE FIRST OF JUNE De La Barn, Minister of Foreign Af fairs Will Take Charge With Mad ero Acting as Chief Adviser.? Treaty of Peace Expected to Fol low Surrender of Diaz. Advices from Mexico City is to the effect that President Diaz and Vice President Corral will resign before June 1. Francisco de la Barra, min ister of foreign relations, will be come provisional president ad in terim. Francisco I. Madero, the reolu tionary leader, -will be called to the city of Mexico to act v.s de la Bsrra's chief adviser and as the greatest guarantee possible that every pledge made by the goernment will be car ried out. As viewed by the public it. will be virtually a joint presidency, pending the calling of a new presidential elec tion. The cabinet will be reorganized. The minister of war will be named by de la Barra. The foreign oflce will be In charge of a sub-secretary nam ed by de la Barra. Other cabinet members will be chosen by de la Bar-1 ra and Madero acting jointly. A new election will be Railed with in six months. Political amnesty will be recommended to the chamber of deputies. These are the conditions upon which President Diaz will compro mise. Virtually they are admitted in high quarters to be a complete surrender to the revolutionists. The resignation of Diaz nnd Ibe "joint" regency" of de la Barra and Madero are said to constitute a guar antee so complete that the original insurrecto demand for 14 governors no longer needs to be considered. The cabinet was in almost con tinual session for two days and de-[ spite the severe illness of President] Diaz. The president's entire face is; infected from an ulcerated tooth. He speaks with the greatest difficulty, but while he is in severe pain, his i condition is not regarded a? calling for alarm at this time, despite his; advanced age. The government's conditions were telegraphed to Judge ?Carabajal on Wednesday afternoon with instruc tions to submit them to Gen. Mad<?ro. If they are accepted, which is re garded as certain, an armistice cov coering the entire republic of 'Mexico will be signed. Inasmuch as the gov ernment believes It has made every concession that the revolutionists have requested, it is firmly believed that a treaty of peace will follow. Without abating one lot of their jadmiratlon for the man who has made modern Mexico, the public re celed the announcement of his In tended resignation with profound sat isfaction. Since the battle of Juarez they have realized that the presl-| dent's renunciation of his high office alone could bring about peace. Bus iness throughout the republic has suffered severely and the people gen erally were eager for an honorable! peace. the iimerican farmer, and, on the! record of things done, bid him in his own interest and our interest to join with us? We are entering upon a tremend ously important era in our national The supreme court gave a decisilon first or reap his legitimate share of the last, unless hie is organized. Dc. you object to the order be history. Organization is its keynote; servation of energy and effort its slogan. Whether hard timies or good times j are ahead, the farmer will not he | able to minimize the effect of the cause you know some crooked cus tomers in it? There are many such in every religious denomination, Inj many secret orders, one or two black, sheep in your own family. Does that fact keep you out of the; church, the secret order, or cause you to desert your family? Hardly. It makes you more anxious to ,g;o in and cure these evils, if you are worth being railed a man. and not a beast. That same influence should bring you into the Farmers' Union, with the divine determination to help your brother man?and if you help your brother man, you cannot avoid helping yourself, and your children and your children's children. Some foolish people have believed we wanted to injure the small mer chant, and have therefor-? criticised us, or refused to affiliate with us. Tell such people that we do not intend to put the small merchant, or any other rightful business factor, out of commission. We want to co operate upon equal terms with the business man. We need the mer chant, we need the banker, the manufacturer, the teacher, the editor, the pn-acher, other professional peo ple. And they all noed us, as friends, and not as suspicious out siders. The greatest drawback the Ameri can farmer has ever labored under has been his willingness to be swayed by the man who flattered him, and who would not tell him unpleasant, but wholesome, truths. This day is passing! The farmer is learning to THEY WANT WILSON SENATORS AND CONGRESSMEN SAYS HE IS THE MAN. Wilson is Strong With Bryan, Al though Ho Once Bolted the Tick et With Bryan On It. The correspondent of the Spartan burg Herald says the correspondent in Washington of one cf the leading papers of the-south claims to have made a poll of the Democrats in Con gress for nis paper on presidential preferences, with special references to Woodrov: Wilson. His findings are summed up as fol lows: That Woodrow Wilson has the sup port of about four in every five mem bers he has interviewed. That he is especially strong in the south. That while Northern people regard him as a northern or eastern man and in general have little knowledge of his southern origin and relation ships, the southern people all look upon him as a southern man and are greatly attached to him on this ac count. That in the south generally Wil son is regarded as even more of a southerner than Champ Clark. Mis souri is regarded as a border or wes tern state. Wilson gets the full advantage of being a Virginian. That Champ Clark's boom has decidedly receded in the month since Congress met and the Wilson movement has oorrespondently gained. That since the graft revelations in the Ohio, legislature the Harmon sen timent has waned even faster than before. Commenting on the result of the poll a Washington newspaper Wed nesday say, "General confirmation of this view is unavoidable wherever one mingles among public men in Wash ington. Republicans generally think Wilson will he nominated by the Democrats, but many of them can didly talk Bryan, hoping that Bryan may yet be named and believing that Bryan would be the best man for the Republicans. "Mr. Wilson's western trip is being followed with the utmost interest, because it is expected to develop more definite signs of the sentiment of that section, which has always most sturdily stood by Bryan. Thus far representatives has indicated that Wilson looks good to the old-time Bryan followers. IMoreover, Mr. Bryan himself is reported very well pleased with thej person and the performance of the' Jersey governor albeit Wilson has not I a record of regularity in support of! Bryan. WOULD HEAR BLEASE. Refused Holiday and Mill Workers, Take it Anyhow. The workers in the Ware Shoals Manufacturing Company, located at Ware Shoals, have given the manage ment notice that they do not intend [to work Thursday when Governor Blease speaks at Ware Shoals . The mill workers had asked for a holiday in order to hear the speech by Gov ernor Blease, but the mill manage-j ment refused to shut down for the i day. Then the mill workers gave! notice of their intention to leave thej mill for the day. ; The men are quoted as saying: "We are going to hear Governor Blease. The mill will have to do without us." Governor Blease speaks Thursday at Ware Shoals. [The president of the Ware Shoals Manufacturing Company is' B. D. JRei'sel, of the Reigels who own the Reigal Sack Company, of Jersey City, N. J. The mill is located near the Salu da River. There will be given a picnic Thursday and on this occasion the Governor will speak. A telegram Wednesday afternoon indicates that I two mills will close Thursday for the speaking at Ware Shoals. Amateur Aviator Killed. A. V. Hardlee, an ametour aviator, was killed at Domingeuz :leld at Los ; Angeles, Cal.. on Wednesday whil? trying out an aeroplane. Hardlee came here recently from Ohio and had made several successful llights. ipick the cotton strands out of the wool?where the politician and the public man is concerned. The quick er he completes the job. the better for his own material, moral, mental and spiritual salvation and those of his brethren. I The Farmers' 1'nion has survived : some of the most develish schemes ever devised t.. crush an organiza tion. With infinitely less money than any organization of our numer ical importance, we have accom plished vast results. We are turning now with increas ing emphasis to the job of distrib uting our products in a business way. Heretofore, many counselors have urged and "helped" us in the matter of production. Now we are seeing that distribution, scientific and co operative, is even more important, as Newt Gresham saw when he first launched this 'Ecreat undertaking. We are working toward the ideal ?of making the Farmers' Union the transforming influence in American farm life. To that end we ask the co-operation of the wealthiest and the most poverty stricken farmer. CHAS. S. BARRETT. Union City, Ga., May 15, 1911.. TWO CENTS PER COPY. SAYS ITS BAD Hr. hrkw Denounces (lie Methods of the New York Cotton Exchange SPEAKS VERY PLAINLY Has Arjgument With the President of the Exchange Who Was Pres ent, But the Manufacturers Asso ciation Agrees With Mr. Pnrker and Adopts Condemnatory Resolu tion. The feature of the first day's ses sion of the American Cotton Manu facturers' association, which met on Thursday at Richmond, Va., was a a heated discussion in the afternoon between Arthur Marsh, president of the New York cotton exchange, and Lewis W. Parker of Greenville, chair man of the committee on relations with cotton exchanges. The occa sion w?,s the report of the committee and the result was practically ? an open rupture of the strained rela tions which have existed for some time between the association and the exchanges. Pr. Parker's assertion that the.New York cotton exchange caters to spec ulators rather than to the needs of legitimate business, and that the prices of cotton have be/en manipulat ed by members of the exchange, to the great detriment of 'both spin ners and producers, was cheered to the echo by the convention. Mr. iVfarsh warmly defended the exchange and ipolntd out that it was an asso ciation of merchants trading in cot ton, with rules in the interest of the merchants rather than in that of the manufacturer or the producer. The contention decided with Mr. Parker, adopting the report of the committee unanimously and continu ing the committee for further con ference with representatives of the exchanges and with instructions that if relief is not given it shall seek a remedy through lgislative channels. The gist of the committee's report si as follows: "Manufacturers' association Bhould have no fight against cotton exchan ges if those exchanges truly reflect conditions of spot cotton. On the contrary, an exchange, If legitimately managed and regulated, and If the prices rulin)^ thereon are truly rep - putative of spot valu/es. is and' should be of decided advantage to cotton manufacturers, as also to pro ducers, but if, on the contrary, the prices reflected on the exchanges are merely th.e result of speculation for or against the value of the comod Ity, or if those prices are only re flective of the speculative actions of one element as against another element, then the exchange become.* a serious disadvantage to the manu fac< uners and to producers and ceases to be a legitimate body. "The two principal exchanges 1b the United States are the New Or leans and New York cotton exchan ges. Under the rules of the New Orleans exchange the prices ruling thereon are in much closer relation to the prices of spot cotton than as a rule there are the prices of con tracts on the New York cotton ex change. "By reason of the rules of the New York cotton exchange, it is seldom that the prices of contracts on that exchange are on a parity with spot I cotton or truly representative' of I the price of spot cotton in the com j m.unity of production plus the car S riage rhar;? to market, i "At times the prices of contracts 'are much above the prices of spot I cot ton. At other times they are much I below. I "Your committee is forced to con ' elude that a majority of the members of the New York cotton ex- hange are more impressed with the view that jit is to their interest to cater to spec ulators than to make of their body i a legitimate exchange reflective of the true value of the commodity in which they deal. "Your committee recommends that this association once mote express Its earliest hope that the fcotton ex changes, and! particularly t|h-e New York exchange, will rectify their rules so as to make a true and prop er relation between contract prjees land spot cotton: that if these rules he not so properly regulated as to make this relation, that your comm-tt 1 tee be authorized in the name of the association to preseat such memorials to the legislative bodies as may lead to a proper regulation by them of the cotton exchanges." Negro Democrats Meet. The negro .National Democratic Convention opened at Indianapolis?, Ind.. for a. three days session Wed nesday, and more than two hiilMF red delegates were in attendance, .lames S. Greene, (if Georgia, is chair man, and W. H. Grant., formerly auditor in the treasury department at Washington, is secretary. A Very Old Horse. E. S. Richardson, of Tyler, N. H.? [drives a horse that is known to be at least 39 years old. It is the last horse that Dr. Gage, of Briar Hill and Concord, owned, and it was jriven i to Mr. Richardson by the doctor's I daughter, Mrs. Morrill, 16 years jago. The horse is in fine condition for its age. w u, Aj