Historical Newspapers of South Carolina

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UM ttirat BhBtt Jaka D. Etck> feiisw aad a Preacher for ? ? IS FMCIIL RUIN Says the Preacher Induced Him to I Borrow Money From Rockefeller, amd That Rockefeller Took Advan tage of Him and Fleeced Him of Alii His Stocks and Bonds. Alfred Merritt. of Duluth, Minn., <Ehe lirat president of the Duluth, MIs uabe & Northern Railway, who styled himself a "lumberjack unacquainted with the methods, of the money .fjrust." told the house steel trust in vestigating: committee today that through loans of less than $1.000,000 j Irom John D. Rockefeller he had lost j sis moldings in the Missabe Iron, iminos and the railroad's properties j now owned by tho United Steel cor-i [.-oration and estimated to be worth today as high as $700,000,000. Merritt declared that he was in duced through F. D. Gates, Mr. Rockefeller's secretary, "in charge of his charitable work," to put up all his holdings as collateral for loans from Mr. Rockefeller in 1892 and 1893. One loan was for $420,000. Others were for various sums. Gates, be said, was a Baptist preacher in! whom he had confidence and who^ assured him that by placing a call loan he would not be pressed and that he would be taken care of. The witness related how, two months after he had put up hi3 col lateral with Mr. Rockefeller, during the panic of 1893, Rockefeller called the loan, giving him 24 hours to" raise $430,000 and that being unable to raise the money he and his brother lost rheir property. He admitted that; Mr. Rockefeller offered him 3n op-! purtunity to buv his properly back within a year but declared that tho oil king told financiers "to keeu hands off" and that he was unable to raise money anywhere The Merrltt's wera first pa-ties to a transaction with Mr. Rockefeller and others in the formation of the Lake Superior Consolidated Iron mines. In this the mines of the Su-, pertor region aud the Duluth, M'ss^ abe-'& Northern were consolidated. Out of this a suit by the Merritts against Rockefeller developed on the ground of misrepresentation of the value of mining properties turned in by the Rockefeller interests. Subse quently, Rockefeller paid him the Merritts $525,000 in the settlement for this. Before this settlement and after ho had lost his stock holdings and Before this settlement and after ho had lost his stock holdings and ceased to be president of the rail road, Merritt testified that F. D. Gates came to him and said Mr. Rockefeller wanted him to continue as president of the road for another year. "Was that the Baptist preacher Gates who came to you " asked Chairman Stanley. "Yes," Merritt replied. "He said Mr. Rockefeller had confidence in me, and knew that I, through my ac quaintances with the boys on the range, would be able to get more shipping business than, any one else could do. I guess that was true." "The Rev. Dr. Gates seemed to be serving the Lord and John D. Rocke felled, dhin't he?'' the chairman in terrupted. "But I refused the offer," Merritt answered emphatically. "I told Gates that I could not retain my manhood j and work for John D. Rockefeller." j The intricacies of the transactions] were involved and' with difficulty, were drawn from the witness. Rep resentative Beall of Texas finally | summed the matter up: "You do linov? this, then," said Mr.! Beall, "before you dealt with John D. Rockefeller, you and your, brother had valuable stockholdings. In the Lake Superior ore region and: in this railroad and after your deal-, ings with him you had no stock?" "Yes, that's it," said Mr. Merritt.: "I want to emphasize further that before I dealt with Rockefeller I had 1-10 interest in the Duluth, Missabe, & Northern railroad which last year made $8,000,000, and that now I have nothing." "I am inclined to blame the. preacher more than I am Rockefeller. He deceived me. I don't blame Rock-j efeller so much. He belongs to the' money trust." "What reasoji did Rockefeller have for closing in on your?" asked Rep resentative Gardner. "Did he need the money?" "Ho wanted that property. I am convinced that he sent the hands off" notice to financiers with whom I tried to raise money to redec :i my property. lie told financiers in Cleve land whom 1 approached that the property he got for $10 a share was not worth $5, and i could not get a cent. "I put too much faith in these m^n in my Interest to develop the prop erty. I was only a lumberjack and woodman, unused money truk ways. Many a Western man has had a si . i lar experience in New York." After Chairman Stanley had indi cated that he wonM be very plnd ??, hear from Mr. Rockefeller on the matter, Mr. Beall made a. motion that) be be served with a subpoena duces tecuin. George Wellman Murray PL? MO Wim ? . |A TRAIN IN FRANCE FALLS THROUGH A BRIDGE, Thirty or More Passengers Lost Their Lives by Drowning Before They Could Be Saved. Many passengers, it is estimated, lost their lives when a train plunged into the river Thouet Thursday morn ing, owing to the breakdown of a railroad bridge on the State Railway at Montereuil-Bellay, In the depart ment of the Maine-Et-Loire, France. The train, which had started from Angers, was traveling to Poitiers.. It carried about 100 passengers. While It was crossing the bridge over the Thouet, the structure, which had been greatly weakened by recent floods, broke down, crashing with the whole of the cars into the Bwollen stream. Many of the passengers who suc ceeded In getting ou? of the cars through the windows tried to save themselves by clinging to the tops of trees which showed above the surface of the water. In most cases, how ever, they were quickly washed :iway by the rushing currents. All the boat3 In the locality had been carried off by the inundations, so that it was impossible for the peo ple of the neighborhood to assist much in the work of rescue. No exact information is yet avail able as to the number of victims or as to thoBe rescued, but it Is be lieved that between fifty and sixty have been drowned, j-; SEATTLE CONFESSES GUILT. Before Death Admitted He Killed His Young Wife. Henry Clay Beattle, Jr., was elec trocuted In the state penitentiary at Richmond. Va., Friday at 7:23 a. m. One minute *ft.er the shock he was pronounced dead. Before his execu tion he confessed that he murdered his young wife. The statement, which waB given out In the rotunda of a downtown hotel, follows: "I, Henry .Clay Beattie, Jr., desir ous of standing right before God and man, do on this, the 23 rd day ot November, 1911, confess my guilt of the crime against me. Much that w?is published concerning the details wa.s not true but the awful fact, without the harrowing circumstances, re mains. For this action I am truly sorry, and, believing that I am at peace with God and am soon to pass into His presence, this statement Is made." Beattie'a confession was followed by this statement by the attending ministers: "This statement was signed In the presence of the two attending min isters and is the only statement that can and will be made public by them. "Mr. Beattle desired to thank the many friends for kind letters and ex pressions of interest and the public for whatever sympathy was felt or expressed." PRAYED FOR GUIDANCE Then Slew Her Husband She Says to Save His Soul. As a witness In her own behalf Mrs. Frances O'Shaut^.nessy rook the stand and told a New York Jury which will decide whether she tihall !ivf? or fie of the events which led up to her killing her husband, George, "to save his soul." A year after her marriage, she said, George began to stay out late at night. She suspected another wo man, she said, but was not sure until she saw George with this woman? th? cashier at the store where he was employed. A bundle of notes which Mrs. O'Shaughnessy said she found under her husband's pillow was banded to the jury. The notes were from Tes sie Hayes, the other woman, she 3aid, and in them the writer called George endearing names. Mrs. O'Shaughnessy had read them all, she said, then prayed for guid ance before she shot her nusband. She decided that by killing her hus hand the would keep him from vio lating the seventh commandment and thereby save his soul. TWO KILLED IX AUTO. A Man and a Woman Lose Their Lives in Atlanta. Charles ('.riffln of Atlanta and Mrs. A. E. Nelson of Birmingham were killed in Atlanta Thursday night in an automobile accident when their car. in attempting to get out of the I way of a trolley car. swerved and ran into a telephone pole. Three other members of the party escaped without ?njury. The accident occurred on the " leath curve" of Peach tree street. The headlight of the trollev car, it is paid, blinded Charles Brady, the negro chauffeur of the automobile, causing him to los-'1 control of his j car. When the machine struck n tel ephone pole Grifiin and Mrs. Nelson won1 pitched out oo their heads. suf-| fering injuries from which they died a few minutes later. counsel for Mr. Rockefeller, objected! and suggested that Mr. Rockefeller ho required to send the contract de-,' scribed. "1 am sure Mr. Rockefeller would he glad to comply with any request," said Mr. Murray. ORANGEBI T8AT MM ?IM Pi'esii ci ti Siale I'WiQ'/s Uutfi Does f JS8 IT Will BE GOOD Says Ho Hopes That It Will be Help, But He Believes That Its Object Has Already Been Achieved, But It All Depends; en the Farm era. B. W. Dabbs, president of the South Carolina Farmers' union, is rather doubtful how the farmers of ?the State will receive the plan of the New York syndicate ^o lend $25 a bale upon the cotton crop of South Carolina. Its success will depend, he said, upon whether the planters em brace the offer of the syndicate. He also said that he could not see any noticeable effect of the syndicate's scheme, as he thought the main de sideratum to be obtained by the plan, in his estimation, had already been obtained through action by the Farm ers' Union. Nevertheless, if the plan seems good to him when he has had time to examine its details, he will lend it his heartiest support. He hopes, he said, that it will prove successful in helping the farmers to secure a fair price for their cotton. "While I do not wish to throw cold water on the New York syndi cate's plan of advancing 525 per bale on the South's cotton crop," said Mr. Dabbs Tuesday night, "I do think that the promoters have overlooked two points. One of these, as I point ed out to C. S. Barrett, president of the National Farmers' Union, is the question whether the farmers will embrace the offer of the Northern syndicate. I suggested to him that instead of one trustee, as proposed in the original plan, there should be three for each State, and that one member from each State should con stitute the central board of control. (Mr. Barrett seemed to think that the 'more Important point was to secure the confidence of the financial men, while I maintained that the farmer's trust should first be gained. To this end I made my suggestion as to tire appointment of three trustees. '"That second point that the promo ters seem to have overlooked is the effect that will .be produced by the action of the business agents of the Farmers' tnion, which urged that the farmers refrain from buying fer tilizer at high prices. Will make for a substantial reduction in acreage even without the trustee movement. "I had thought that the effect of tying up 2,000,000 bales of cotton in the hands of trustees would be a very strong tendency on the part of the farmers to reduce their acreage next year. The knowledge that there were 2,000,000 bales of cotton that might be carried over until the next crop was put on the market, I thought, would lead the planters to see the futility of excessive produc tion. "This purpose, however, I think, has been subserved by the present conditions. With cotton selling at nine cents and below, and with fer tilizers high, I think the farmers will take the advice given by the business agents of the Farmers' Union in their meeting at Columbia. Conditions are such now that farmers, by reduc ing their acreage and cutting down their purchases of fertilizers, will ao curtail production that another ex cessive crop iB unlikely. This, then, disposed of one object of hoi ling the cotton by the trustee system. This condition seems to prevail wherever I have been of late. "Now as to the success of the plan. It depends, as I intimated be fore, on whether the farmers will embrace the offer of the financiers. "So far, I can see no notable ef fect. The action of the Farmers' Un ion business agents and the action we took at Sumtcr ye^erday will prevent the sacrifice of cotton to pur chase fertilizer. The matter of re djction of acreage will be accom plished by this mean3 without the application of the trusteeship plan. Judging by the response to the p'edges to hold cotton and reduce acreage, I do not think that the planters will readily embrace the proposition made by the syndicate. "I should like to see the plan suc ceed, but I fear it. will not take with the Southern planters. "I am not at all antagonistic to this plan; I will .be glad to nee r.ny : thing succeed thru, will insure us a ; price for nur cotton which will give ! us a profit. After 1 have secured a < better knowledge of Its details, if it ! meets my approval, I will gi\e it. my heartiest support and Cooperation." Mr. Dabbs also explained lite ac tion taken Tuesday at a meeting of the Farmers' 1'nion called to discuss j the fertilize! situation. The result of the meeting was a recommendation that the farmers buy no f"rtilizer f<r 1912 except on this condition that the payment be made in three installments, one not, earlier than December 1, li'lL', and the other two at intervals of nol less than ?.0 days. This recommendation, with that of the business agents of the union.' that the farmers be conservative in their purchases of fertilizer at the present prices, if followed. Mr. Dabbs thinks, will lead to a reduction in acreage and will put the farmers inj a better position to hold their cottonj JRG, S. C, SATURDAY, NOVE stuck by mm YOTJNG MAN KILLED BY COAST' LTND AT SCRANTON. i Ti.finning Aeross tho Track to Catck A Traia and If as Kan Over, by Ex tra Engeo?. At Scranton Mr. Grover Turner, the eighteen-year-old son of Mr. R. F. Turner, a prosperous and influential farmer of Hannah Pustofllce, in the lower section of Florence Connty, was knocked down and instantly killed Wednesday at about 12 o'clock by an extra Atlantic Coast Line en gine going North. Mr. J. R. Powell, of Mallory, and Mr. J. F. Creel, of Appalacholia. Fla., were standing at the depot waiting for the arrival of the Orangeburg train and received painful but not serious Injuries by S the body of young Turner being thrown against them when it was struck by the moving engine. All of the gentlemen went to Scranton Wednesday morning to take I the Orangeburg train for Florence, ? and while waiting for the arrival of ! the train, young Turner went to Mr. R. 'B. Cannon's stables, a short dis j tance from the depot, to leave his horse and\buggy, and while at the livery stables the extra engine ran up, going North, and Mr. Turner j hearing and thinking it was the train, ' ran towards the depot, going diag onally across the main line of the j Atlantic Coast Line in front of the jengine. He was struck by tho moving ; engine when in about one hundred ; and fifty feet from the depot and his body was thrown through the steps i of the- depot, death resulting instant ly. Magistrate 0. S. Baldwin at once I empanelled a jury and held an ln ! quest and the following verdict was rendered: "That the deceased came to his death by running in front of j a moving engine on tht track of the [ Atlantic Coast Line Railroad Com pany." Physicians who examined the j body stated that death probably was , caused by concussion of the brain and Internal Injuries. The remains were carried Lome Wednesday afternoon, a distance of 'two miles and was burled Thursday! at the family burying ground. It! was stated that young Mr. Turner1 had a largo numbor of relatives and friends in that part of the" country and bis untimely rd -'tragic death ! was a source of great sorrow and be . reavement to the community. KILLED WOMAN AND CHILDREN. Story of Cruelty Confirmed by Chi nese Students. A cablegram from Peking, China, jp.ays the killing of foreigners, at Sian Fu, Shen Si province, has been furth er confirmed by two Chinese students.! I who have arrived from that city. Dur ing the fighting in Sian Fu a mob at ! tacked th9 China Inland mission, lo cated outside of tne city. They mur dered Mrs. Beckman, who is said to j be an American, and five of the mis sion children. Mr. Beckman was wounded, but escaped, saving an in fant. The surviving foreigners were sheltered by Chinese Christians and ' subsequently departed eastward to-. ' ward the railway. WANTED FOR WIFE MURDER. i Dies at Aliendalo Over in Barnwell Connty Last Week. A dispatch from Blnghampton, N. j Y., says William Emerson, sought by detectives and police throughout the | country for the alleged murder of hisj wife at Endieolt. N. Y., on Sept. j 8, lies dead in Allendale, S. C, ac-j cording to a dispatch received from Grover S. Emerson, brother of the j alleged murderer. Death, according I to the message, was caused by ma larial fever. The dispatch says that Emerson had been traveling through tho South under the assumed name of James White. Becoming ill sev eral weeks ago, he was cared for by the Masonic order. The body will bo carried back to Binghanipton. ? - Trained Sea Lion Escaped. Tiring of its daily routine at bal ancing a ball on the end of its nose in a North Side theatre at Chicago, a trained sea lion flopped through aj window pane and into an alley.! When it felt the snow and sniffed the! cold air, it appeared in i's natural! element and starte:! at a lively gait for Lake Michigan. Soldiers Sent to Chirm. The fifteenth infantry will prob-1 ably be sent to China, immediately u;pcti arrival at Manila December t. aboard the trausp <v Thomas from San Francisco. The regiment will be' reinforced to full war strength and; he accompanied by a hospital corps, engineers, Held artillery and posalbly cavalry. Cirl Choked With IM1I. At Tifton, fin., Pauline Duffer, the 1 six-year-old child of Mrs. Lawrence Dudley, mel a tragic d< ;::h .: aj pill given to her for so ne minor ail-, ment lodged In her windpipe nnd| could not bo removed. The mother is prostrated over the tragedy. Two Children iat.iil.v 5mm t. At Cincinnati, two children were, fatally injured and a number of men seriously hurt when Are destroyed the plant of the J. Baums Safe and Lock Company at G17 Front street. MBER25. 1911. fi?BEONH? Ssaater hti IL fL?aai ItL&j for Eds Dries a! ftdmgUii. iE IS VERY MUCB AUY? Ha Has Benefittod by Work ?n Hl? Farm, Feels 'Able for 'Long Seige, tmtl PUbs to Stay in Washington Darias th* Bnfciro Winter Ses SlMk In a letter to The News and Cour ier from Columbia Col. Aagust Kohn aaya when Senator Tillman returns to Washington it is his purpose to remain there. He has been quite actiro for some time on his farm at Trenton and this out of door work has no doubt been of great benefit to him, and he feels able and strong enough to undertake the work at Washington when the session opens in a few weeks. Senator Tillman is not saying any thing about his re-election, because he takes that for granted, and if nothing occur3 between now and the next primary his name will, of course, be before the voters and he has no doubt that the people will re-elect hlra. It is a long time since March, 1895, when Senator Tillman took his seat in the United States Senate. Of the1 group that went into the Senate at' that time .but very few remain, and the associates of Senator Tillman at that time'who remain are: Senator Eacon, Martin and Nelson. The Senate, as every one knows, is a very "close corporation," and it is perhaps the one organization where seniority counts most. Once in a while a shining light breaks in and temporarily disconcerts the customs and precedence of generations, but this Is most unusual. Senator Till man ranks seventh in sorlority? that is in length of service. The Un< lted States Senators ahead of him are: Senators Culllon, Lodge, Dal linger, Perkins, Clark, of Wyoming, and Warrin, and then comes the group of which Senator Tillman 13 one. 1 Of course, as every one knows, Senator Cullom is a very old man, being 82 yeara of age. Senator Gil linger was born in 1837, Senator Perkins in 1S3-9 and Senator Warren was born in 1844, and of the Senators who remain in tho 1 95 group: Sen ator Bacon was born in 1839, Sena tor Nelson in 1843. while Senator Tillman was born la 1847, which] makes him really one of the younger members of the 'Senate. It is because of this long service, ani'e from the recognized ability of Senator Tillman, that makes him of so much value at this time and the possibilities of his service of ever so much more value. The changing of three Senators, that is the election of three Democrats instead of three Republicans, who are now Senators, will change the majority of the Sen ate from Republican to Democratic,! and in that event Senator Tillman i would by right of being the ranking Democratic member have the choice of the chairmanship of one of several of the most Important committee of the Senate. He is the ranking Democrat on the committees of appropriation, naval af fairs, Interstate commerce, mines I and mining, and Indian relations, and is now chairman of "Five Civiliz ed Tribes of Indians," which gives hia; a clerk and me?denger. If the Democrats should gain control of the Penate, which Is altogether likely, this would mai^e Senator Tillman chairman of perhaps the moat lmpor-i tant committee in the Senate, that Is] the committee of appropriations I which handles the billion dollars that are annually expended by the Feicr al Government. As a matt-* ? of fact, the Democrats want SenaU Tillman for this position and now defer to him in many matters that come be fore the committee, of which he Is? the ranking minority member. Just a little Incident, to show how! things go. For many year? a bill was pending either in the House or: Senate providing for a fish hatchery 1 In South Carolina, but it never passed both branches In any one year and; never pot into the appropriation bill.) At a meeting of the committee last 1 year while the matter of pppropriat inr- funds for fisheries was under dis cussion, although there was no billj before either the House or Senate. Senator Tillman jested that he wanted a fisher] cor this State and wanted $2".,000. The other mem bers of tho committee concurred an-lj without any legislative Act the $":.",-| con was simply incorporate I In the general appropriation bill, anil this, is the way things are often done andi why a chairmanship is of so much, importance. l.-i:>r ^ervii ??>, too., niakes such things easy to do. 1 Of course, Senator Tillmau with his quickness has no! needed the eighteen years thai he has been in the Senate to find oul how to "work tho machine" or t< catch 011 lo allj ihe legislative "kinks/ but he has us-; 1 ?! (his tinn in addition to becoming familiar with the legislative machin ery making friends, and the people in Washington, regardless of political af filiations, all testify to the high re gard In which Senator Tillman is held by the officials, as well as by the! officers in the army and navy, and with his rank, efficiency and acquaint-j ance, if the Democrats should gain' 1 mum mum coke COLL74BL?NS CLAM TO BB FLMECUD BT CLATR70TAKT. Thoy Sat* Her Momey to Doable forj Them aad She Carrie.! It Off With Her. The Columbia correspondent of The News and Courier says Mme. Velra Gordon, chalrvoyant and pos sessor of the hidden secrets, who made' promise of belns able to double one's money if left in her possession, has departed for parts snknown, al leged to be carrying along with her funds belonging to certain persons, which funds were left in her posses sion upon which to work the charm of her powers and double ths own er's sum. Shs held forth on Main street here for several days, Including Fair Week, and it Is stated that she had something like 82,(000 belonging to other people. While it is noc known where she Is, it is stated that when she left here one week ago last Sat urday she headed towards Charles ton. The police are looking for her and a warrant is out for her arrest, issued by the Magistrate's Court. Mme. Gordon claimed to possess supernatural power and among other accomplishments, resulting from this ownership and understanding of the mysteries, held out, so It is stated, to the public that she could double a sum of money if left with her by means of "visions" or some of the other numerous ways of the dark and unknown powers which she claims to have. Thus if a person had $200 and wanted to make It $400, all that per son had to do was to leave It with (Mme. Gordon, who would worlc the "rabbit foot" on It and the trick would bo turned. Now It is charged that, lured by this promise, several did leave sums of money with her to work this charm upon. The madame piled her trade here during Fair Week with marked suc cess, so it is said, and since then she met with good returns. She adver tised quite extensively her powors in the papers and-drew a good trade, ac cording to those who have been in vestigating this case. ANOTHER LYNCHING BREWING. Two White Women Attacked by the Same Negro Fiend. Another attempted outrage by a negro upon a white woman occurred at Coateaville, Pa., and a few hours later the same negro, It is believed by the police officials, attempted to hold up Mrs. Fred Russell, who was driv ing near where the first attack oc curred. The Intended victim of the negro In the first instance was the wife of a mill worker of Coatesville. She fought the man off after having been twice thrown to the ground. As she was fast losing her strength, a car riage driven by Miss Johanna Irwin came into view and the negro left his Intended victim and disappeared into the woods . The search for the negro was kept up until dark but no trace of him was found. A short time later, as Mrs. Russell was driving on the same road, a ne gro jumped out and brandishing a revolver, attempted to catch the horse by the bridle. Mrs. Russell gave the animal a cut with the whip and managed to escape. control of the Senate tho people of this State can hardly estimate of how much value he would be. Of course, Senator Tillman fs not ?s vigorous nor as strong as he,has been, but be is able to be up and about: to make speeches, though Dr. Babcock aiivises him not to do it; to say what he wants; to dictate let ters: to attend committee raftings, and to "kick" whenever it may be necessary, and the?e things count for much in official life in Washington, where speech-making Is more largely intended for on'side consumption than it is for results. It la just a3 well for the people of South Carolina to understand what the conditions are with ro^a-rd to Senator Tillman and his ran* among the Democrats, the disadvantage of changing horses and what his sphere of usefulness may amount to if he continues in his present, health and llni? Democrats continue to hold on to what tbey have, to say nothing of gaining control of the .-enate, and Its greater possibilities. Committee work counts for mom in the United States than in any legislatie assembly in America. Come to the Cotton Fields. T! 3 negrot s of Charleston are still ? ill! v.- for aid f >r the storm sufferers on the islands and In the city while for some months we have seen the ;n ihert! to -ret out and do the work that is waiting on them in very community around them and il . mid not be necessary for them to ...,..?. I charity. Why don't, they come to the cotton fid Is. whore they are needed. Lad Crushed to Death. !'.. Taylor, a white lad of about eight years, was struck and killed by a freight car on the South ( rn Railway, in Newberry Tues day afternoon. The little V-y. the son of Mrs. Josephine Taylor, of the Xewberry Cotton Mills, was on Iiis way to the city to buy a spool of thread. 'WO CENTS PER C0FY. M IT SANE Br. ''cfesrnwi, d CestiJ, Says tit S ara is &>pf d ii* fiU?eD in ? mm mm The President of Cornell Us?versity Make? am Address in Atlanta,, in Which He Touched on Politics, ?be Curroary, Socialism and Other MalW ters of Interest. Dr. Ja:ob G. Schurman, president of Corned University, and one of tho most notable figures in the education al world, was in Atlanta for a short time Thursday, being tendered a iuncheon at the University Club >y the local alumni of Cornell. In a speech following the luncheon Dr. Schurman uttered a.significant warn ing in regard to the spread of sceSt.l isin in America and predicted th..i the conservatism of the South wou.d work the country's salvation. Governor John M. Slaton intro duced the guest of honor as one who had "demonstrated his ability to fill : the role of the modern college presi ! dent, politician, financier, literatist 1 and gentleman." Dr. Schurman be gan by telling of his attendance at tfee Bankers' Convention in New Orleans, ' where he delivered a speech, but 1 shortly afterward delved into politics, ? speaking warmly of his fellow-cot* j lege president, Woodrow Wiison, of I Princeton University. "I have been in every section of j the United States during the past few months and have had opportunity tD I study the political situation thor ' oughly," said he. 'It seeme to mo that political conditions are undergc1 i ing a radical change?that we aro returning to the discarded theories and-Ideas of 2,000 years ago. So cialism is gaining in every section of the union, save In the south. In tho east several socialists are in legisla tive halls. In the west socialist may ors are at the head of many munici palities. The north is undergoing tho same fever of unrest. "In the South .alone have I found that same spirit of conservative pro gressiveness which marked the spirit animating the founders of our coun try. The South will be the nalvatlon of our country, for from it will spread the right kind of conservatism, bring ing back the erring sections to a realization of their mistake. Tho I South is the home of conservatism^ 'and sticks close to the old landmarks* jas hewed out bs the fathers in the I early days of the Republic. "While in New Orleans I had oc casion to speak on currency problems in the United States, and this, It seems to me, is a question as irapor ; tant as the spread of any particular party or belief. The currency of tho United States is a relic of barba ism. : It is founded on bonds instead of on 1 assets, which can be quickly realized upon. During times of financial stress each bank hoards evei\> penny possible, letting every other institu tion go to smash rather than itself ; risk financial disaster. I "I strongly advocate an elastic cur rency, such as ;that posse-used by ! France, England and Germany, for in 1 those countries when money is needed if is sent to the places where the con \ gestlon occurs. When things grow dull, it is withdrawn and sent to oth j er places where it is needed. Here, ' the banks holding' the money, con [ tlnue to hold it, regardless of clrcum ' stances. A country cannot attain a proper development under tuch con ditions." Dr. Schurman has been connected : with Cornell University for twenty five years, and during that time has : been signally honored several times :by presidents of the United States, be ' ing head of the first Philippine com ? mission, as well as holding places in I a number of other influential bodies. I As an author he Is well-known in the I English-speaking countries, while as j professor of menial and moral phil osophy at Cornell he has gained a j wonderful reputation. A member of the Phi Beta Kappa ? fraternity he was educated in London ' and Edinburgh, receiving his degree las master of arte and doctor of scl j ence from the University of Edln 1 burgh in 1S7S. In addition to this, !he studied in Heideiburg, Berlin and ; Gottengen, Germany, and In Italy. Columbia University conferred tho degree of doctor of laws upon him in 1 SSI?, and he is honorary follow of ' tho Univ >rsity College, of London. Rains Do Much Damage. Farmers in all sections of Monroe county. Georgia, are complaining of heavy lossage in cotton because of the excessive rains of the past sev eral day.?. These rains have been general throughout tho county, and largo quantities of cotton have been washed from the bnlla. Tried to Rescue Prisoner! Chief of Police Fred McGregor of Sheffield, A-., .--hot and killed Itos coe .lohnst , u. : Lewis Hoffman ear ly Thursday when they attempted to 1 rescue John CciTnian from the officer. McGregor surrendered. Dynamited and Robbed, The Hank of Odell, Texas, was en tered early Thursday. The eafe was demolished by* an explosion of dyna mire and about $4,000 in currency I and silver stolen. Possen are in pur i suit of the robbers.