The Lancaster news. (Lancaster, S.C.) 1905-current, November 25, 1905, Page 4, Image 4
The Lancaster News.
Semi-W eekly.
Published
Wednesdays and Saturdays
At Lancaster, S. C.,
By The
Lancaster Publishing Company.
Charles T. Connors, Editor.
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It. E. wyme, pkksipknt.
JSO. A. COOK, SKC'Y and The as.
J M. KIDDLE, Jit , Business Manager.
Kr.tered as second-class matter. Oct 7. IPO'i
?t the postofllcc at Lancaster, S C. under Act
of Congress of March 3, 1879.
Saturday, November 25, 1905.
JACKSON'S BIRTHPLACE.
Notwithstanding the fact that
Andrew Jackson himself claimed
South Carolina as the state
.r>f his nativity, and notwithstanding
the further fact that
the correctness of his claim finds
_ l l a n . _ i _
Himiiuiiui connrmaiaon in History,
our friends across the line
persist in believing that he was
born in North Carolina.
A few days ago a committee
of the Mecklenburg Chapter of
the Daughters of the American
Rovolution placed, with impressive
ceremonies, an "iron
marker" at a point in North
Carolina 011 the plantation of
Mr. J. L. Rodman where it is
rnntfttlflpH til Jit Iupkortii f.rct oonr
the light of (lay. The "iron
marker" is to be replaced later
on by a handsome monument.
DEALING IN COTTON FUTURES.
We rarely see the Greenville
ews, but trom a copy of Tuesday's
issue which came to this
office we learn that a sermon was
preached in the Baptist church
?f that city last Sunday on the
subject of gambling, to which
exception has been taken by one
Alexander, proprietor ot what he
terms an establishment where
^cotton options" may be bought
and sold.
In a signed article in the paper
referred to Mr. Alexander protests
against being "presented to
the public as running a gambling
institution." He does not under
take to differentiate his business
from that of gambling, but con
tents himself with the general
assertion that the methods em
ployed in his business are "correct
and honorable;" that "the
beat regulated business institutions
in the world are the duly
organized and legally constituted
M
Mr. Alexander also claims that
I' ere are but "three offices in
South Carolina through which
'cotton options1 may be bought
and sold." One of those, he says,
is in Rock Hill, "owned and op
erated by a gentleman of the
highest Christian character, and
u officer in the leading Presby
terian church in the south the
econd in Greenville, operated by
himself, "a Christian and a church i
member," and the third in Onl- t
umhia, which is "under the supervision
of a gentleman whose honesty
and moral standing is as
high as that of any man in the
Capital city"?a member, he
thinks, of the "great Methodist
church."
Mr A lavumtor crnaa nn In snv i
*'41 V" VV '
that "there are possibly more j
than a do/en imitations in the I
slate, where the form of buying ]
and selling may be gone through
with; and where there is no tran- <
saction, but simply bets placed
on the market fluctuations." <
All of which is more or less I
interesting. It will certainly be I
news to many that there are only
three orthodox "cotton option"
concerns in South Carolina, all j
the others being "imitations."
There is no doubt a difference .
between a "cotton exchange" and
a "bucket shop," and that may
be the distinction Mr. Alexander
has in view, but we must confess
that we are not sufficiently informed
on the subject to draw the
line of demarkation.
The fact of the matter is we
know little or nothing about this
cotton tuture business. VVeknow ?
nothing as to its practical workings,
and such being the case we
are not prepared to say whether
the Greenville Baptist preacher
was right or wrong when he char
acterized dealing in cotton futures
as gambling. To the uninitiated,
l . ? ? * -
nowever, 11 certainly looks that (
way. If it is not betting on the ,
price of cotton, what in the name
of common sense is it ? The principle,
it occurs to us, is the same
whether the transaction is had
through a regular "cotton ex
change" or a "bucket shop."
But it is not our purpose at
this time to discuss that phase ol
the question. We are willing to
concede lor the sake of argument
that there is nothing immoral in
buying and selling "cotton op
tions"?that it is not gambling in
the usual acceptation ot the word
It is the obvious effect of partici
palion in such business to which
we desire to direct attention.
Is the game worth the candle?
Is it possible for a man to give
proper attention to his regular
business or professional interests
when his mind is constantly ub
sorbed in the contemplation ot
the possible results of the cotton
[contracts which he is carrying?
Isn't he thinking about the latter
both day and night ? Isn't the
| mental worry wearing him out
day by day ? Does he ever know
what it is to enjoy peace of mind
when engaged in these terribly
uncertain, speculative ventures?
Is it not a fact that more fortunes
are lost than are made in dealing
in cotton futures?that the cotton
speculator may he well of] today
and u pauper tomorrow ? Is it
not a fact that there are men to
day?Lancastrians among them?
living in rented houses who at
one time owned comfortable
homes which have been lost
through cotton speculation?
Isn't it only a question of time
when tho successful speculator
of today will become financially
embarrassed if he persists iu tak
ing his chances on the fluctua 1
tions of the cotton market? Isn't
the cotton future business often 1
times appallingly ruinous and always
demoralizing in its effects ? I
Much has been said and written t
L. i
ibout the whiskey hnbit?(he
tenacity with which it clings to
man, or man to it, but the seductive
cocktail is no more alluring
to him than >s the singular fascination
which he finds in cotton
jpeculation once he gets a taste
nf it, so to speak. It be wins to1
uir a fnnlu I luil lia nu ii tlw* hat lor
afford to speculate attain tomor
row. If, on the other hand, he
loses today he teels that he must
keep 011 until he at least recovers
what he has lost?and so it goes
an from day to day. There is a
Keely cure lor the curse of strong
lrink?i? there a fortune awaiting
I he man who devises a remedy
for I lie cotton future habit ?
Address to Cotton Growers
President Strait, of the Coun
ty Association, Urges the
Holding of the Remnant of
the Cotton Crop for Fifteen
Cents--Don't Fail to Attend
Approaching Asssociation
Meetings.
To the Cotton Growers of Lan
easier county :
The impression has gone out
that this is a farmer organizition.
Thai is a great mistake,
this is every southern man's
fight?not only man's but every
woman's. The salvation of
every southern industry depen
Hs imrm tho mipcpv;n nf t.Viia
movement to protect the cotton
interest of the south.
Every power that can be
mustered has been brought to
bear to depress the cotton market
and continue to rob the
southern peop e of iheir money,
which is their cotton,and where
that is taken it stagnates all
other bu ines- and the resu't is
poverty and distress.
Wo now know that tlie output
ol the crop cannot be over lb,
000,000 b les, which is worth
12+ cents, uid by misrepresent'a
tion the half of the crop has
been sold lor 10 cents and to
save the south Irora great loss
we will he compelled to get 15
cents lor the remainder of the
crop. Now let me call on every
man and woman who loves tho
southland?which prostrated so
long and is now beginning to
walk around, come to our relief.
Let us not falter in tho heat
of battlo and loso the great advantages
that we have gained
for fear we might run the
chance of losing a few dollars.
vThe Battle Koyal is on and
lot oirnnif t\uf mAttn Aitinnn nt n *%rl
V \J ? v.)I J JHl U1 VyUiAl'II (IUU
square to the front and gain
one of the grandest victories
that has ever crowned the south,
and pledge ourselves to hold
our co'ton for 15 cents, and get
it or nothing
Kver}' country has had its
Juda* Iscarots and Benedict
Arnolds and such like, but those
fellows we will bid adieu in
this great battle.
You must remember that your
future welfare, your wife's and
rr/Ml t? /I An n aU* l/l??Ar* '1
JVUI vlCrtl V11I1U1CU B, UtJpWUU
upon vour action. You have
off en heard people spy "but
will they stick?" An insult to
every man who has any manhood
left. Self interest ought
to ho quite enough to create
stickability. All arrangements
1 t
will be made to collect the .05
cents bale on cotton, the assessment
made by Association, and
we will not object to any one
donating. Now organize on
the 1st Saturday in December
and send delegates to the county
meeting on the 2nd Saturday in
December.
T. J Strait,
n < i*i _ . . /-I . _ i *
xresiaeut uonon urowers iisso
ciation LaucaBter county.
?The Rev. J. M. White will
preach tomorrow morning at
Gills Creek, at 11 o'clock, and
at Pleasant Hill in the afternoon
at 3 o'clock.
Business Notices.
gjUT AW Notices inserted under
this head at the rate of ONK CENT
A WORD for each insertion. No
notioe to be counted less than 25
words.
FOR HALE AT COST ?1 have 500
Cultivated Blackberry plants for sale
at 5cts apiece, which is just what they
cost uie. E. C. Lanier, Lancaster, S.C.
NoW Is the time to bring; in your
Eggs and Turkeys and get your fruits
lor the Thanksgiving Cake. Bennett
Groo. Co.
\Y ILL have a car load of beat Northern
Apples, also a lot of Oranges to
sell by the box. Bennett Groc. Co.
FOB SALE.?Singer Sewing Machine
in good condition?has been recently
overhauled and is as good as
new. Apply to S. T. Blaokmon.
IF YOU want a nice roast for your
Thanksg'ving dinner you had better
place your order early. Plyler's
Meat Market. Phone 97.
WE CAN furnish you with all
L- i n d J t.nol. * ~ *
rv 111 vi - ui mvic a i co li uirato lur jfuur
Thanksgiving: dinner?choice roasts,
steaks, sausage, fresh tisb, oysters?
in fart anything in the meat line.
Plylei'a Meat Market.
FOR SALE.?Good combination
Mare 8 years old. Weight 1050 lbs.
Extra line saddlur. Apply to or
phone C. O. Stogner, R. K. D. No. 2.
TWO STORKS, one dwelling and
two rooms, in Lancaster, for rent.
Apply to W. '. Cunningham.
GIN NOTICE. ? After this week
we will only run our gin on Thursday
and Friday. Lancaster Mer., Co.
THIRD Arnval of 30 inch changeable
Taffetas in all the new shades;
$1.00 quality 80 cents. Lancaster
Mercantile Co.
PLACE your order for celery for
Than ksgi ving. J. H . Mackorell.
A BOX of Huyler's candy for you
Thank8givinf?. J. B. Mackorell.
Professional Cards
JOHN E. WELSH,
DENTIST,
Lancaster, S. C.
Office Up stairs in Mason
ic Building.
DENTISTRY.
I)R. R. M. GALLOWAY,
Surgeon Dentist.
Office Up-stairs in Ganson
Building.
DR. R. G. ELLIOTT,
Lancaster, S. C.
Kes'idenee 'phone, No. '187. OMlce,
Davis Building,cor. Main and Dunlap
streets; 'phone No. 72.
Will nraotine in hnfh fnwn anrt nnnn.
ty. All caIIs. day or night, will receive
prompt attention.
Notice of Discharge.
NOTICE is hereby given that the
undersigned as administrator of the
eBtate of Thannie J. Bowers, deceased
will on December the 23rd 1905 make
his final return as such administrator,
and apply to the I'robate Court
for Lancaster OOuutJ, for a final discbarge.
J, A. BOWKKrt,
Administrator of ebtate of
THANNIE J. BOWERS.
Dated Nov. 22nd, 1906.
PRESIDENT
PAUL MORTON
Outlining the policy of the new
management of the Equitable
Life Assurance Society of the
United States in an address delivered
before a Convention of
Equitable Agents, among other
tmngs says :
"Already there has been a
saving in the administration of
your Society amounting to approximately
$600,000 perannum.
This equals 4 per cent, on an
investment of $15,000,000.
This is the equivalent to having
$15,000,000 more 4 per cent,
bonds in our vaults. There will
be other economies, and I can
only repeat that retrenchment
and conservative management
is going to be our policy. I have
great ambitions for the Equita- ^
ble. I want it to be not only the
greatest and the t>est but the
safest and most conservative life
insurance institution in the land.
I want it to be the one that the
agents will like the very best to
work for. I want it to be the one
that bankers and people who
have securities for sale can feel
that they will always get a square
deal from. I want it to be the
one that policyholders will recommend
their friends to insure
in and that everybody can point
to with pride. I want it to be
known, not only as the strongest
financially, but the strongest
morally."
Moral: Insure in the Equitable
Life, "Strongest in the
World."
W. B. Knight, \
i A j
? special Agent, ?
Lancaster, s. c.
SHEKIFF'S SALE.
STATE OF SOUTH CAROLINA, *
Counts1 of Lancaster. ?
COURT OF COMMON PLEAS.
Annie E. Wilson, in her own right
a nil as Executrix of the of
William Knight, deceased, IMiWntiff,
vs
Sarah Si tare, VV. Jack Knight and
others. Defendants.
IIY VIRTUE of a decretal order
made by his Honor O. W. Buchanan,
judge presiding, dated Oct. i'Oth, 1 DOS,
! will sell at public auction, in front
of the court house, in the town of
Lancaster, in said county and State
to the highest bidder, on
MONDAY, DECEMBER 4th,
next, within the legal hourst of sale,
the lollowingdescribed lands, inCedar
Creek township, county of Lancaster,
in said State, formerly belonging to
William Knight, deceased, and described
as follows, viz:
First. Ninety-seven [!>7] acres, more
ur less, on the waters of Dry creek,
bounded north by lands of Anderson
Caskey. east and south by Dry creek,
and west by lands of Miss Mcllwain.
Second. Fifty [BO] acres, more or
less, known as the "Home place,"
bounded north by Dry creek, east by
lands of Anderson Caskey, soutb by
the Johnson lards, and west by lands
of Miss Mcllwain.
Third. Fifty [BO] acres more or less, V.
known as the "Jack Knight tract,"
bou-nded north by Dry creek, east by
lands of Martha J. Kstridge, s tut h by
the Johnson lands, and west by lands
of Anderson Caskey.
Fourth. Fi ft v-seven tf?71 nrroa mnw.
or less, bounded north by Dry creek
and estate lands of .J. S. McCardell,
deceased, east and south by lands of
Mrs. A. K. Wilson ami Mrs. Alice
Thompson, and west by lands of Mrs.
Alice Thompson.
Terms of sale CASH. Pur- /
chaser to pay for papers.
JOHN P. HUNTER,
Sheriff, F,. (J.
R E. Wyi.ii,
Plaintiff's Attorney. t
^
Notice
Notice is hereby Riven that the tax
books of the town of Lancaster, 8.
will be open for the collection of taxes
on the 1st day of November, lftOC^
at the ofllce of the town Treasurer,
and all taxes remaining unpaid on
the 1st day of December, 1905, pursuant
to .Section 1 of the Supply Hill
of 1905, will be subject to a penalty of
IB per oent for the non-payment of
the same, together with oost,
K R. W y i.I , Oot.
10, 1905. Mayor.
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