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OUR WASHINGTON LETTER. President Roosevelt Badly Scared He Realizes His Policy is Run ning Amuck Business Inter sits. James S. MoCtrtliy. ,.Washingtonj March 31.-President -Roosevelt is badly soared. He now tralizes that the reckless policy of ,unning am-uck among the business Interests of this country which he inaugiurated has gotten beyond his control and is going too far, and that it threatens to bring on a financial panic and a period of disastrous busi ness depression. The extent of his alarm is shown by the frantic ef forts made by Secretary' of the Treas ury Cortelyou to save the money market from complete demoraliza tion. These efforts have apparently resulted in staving off, for a time, at least, the danger of an .acute panic and in arresting the depreciation of corporate securities, as represented by sales on the New York Stock ex change. The real danger of the situation lies in the fact that the trouble is not eilfined to Wall street. If it were tile people who have no money invested in the securities of corpora tions which are listed on the stock exchanges might look on with coin parative equanimity. The truth is that the trouble lies much deeper and that c"Iil'idenlce inl the c(on tiulatioll bee-11 1.1dely skn.Tho relationis be tween all branches ol iii(distry inl tle modernl inldIst i'il world are so inl i mate that the criplng of anly one important industry is soon felt by all the others. Espe.allY is this trle whenl the iidistry * verippled is that of tranlsportationl, 111)111 the 011ielie ev of which thle prosperity of ev1r busi liess lutist depend. It can tiot be(! deniied that the poliey which Mr. Itoosevelt inaugurated threatens to cripple very seriously tile transportation. iterests of the United States. As a result of the legislative policies in some of the States based on his anti-railroad propaganda and of the vague threats as to his fuhiture recommendations for furilher national legislation, it has Ieceomie. almost impossible for a railway corporation to obtaiii addi tional capital on any terms just at the time whiien t.,le expenditure of hun dreds of millions of dollars is impera tively required to increase railway Wi eilities to an extent suffieient to enlable the roads to handle the in creasing traffle of tl e country. Re ports from manly seeions show that important railway systeams hIav been compelled to atbandon, for the pres emt, at least, many of their most ex tensive plais for improvemient. that would involve tile distribution among working' menC anid seller's of materiel of many millions of dollars. The ironi and steel ind(ustry is heginninig alreadyv to feel the effects (If decreas ed orders fro'm railways, and there is ahger that the depresioin will speedily extend to other lines of business. The situation is such as to afford a very substantial basis for fear that thme Roosevelt administration may be remembered as one which began in a periodl of universal prosperity when there w~as nmot a cloud on the business horizon and1 which ended in gloom and general business dlepressioni. The fear that this may be true is not eon fIned to politicians but is shared by manmy of khe conserv'at ive business men of the coumntry. One oif the il lustrations of this was thle recent ac tioni of the chamber of commterce of thme city of Chattanooga, Tenn., in adopting resolutions urging conser vative legislative act ion. After rec ferrinmg to the dispiosition o (f the leg islatures1 of seeral states ''"t old to thle whtolesome11 legisl ationlt of t he na tional co(ngress state laws whliich are, in our ,jutdgmnen t, un fair and utn*just to the datil roads, which hiave been such importan1 t ,Iac(tors ini the up l buil dinlg of our' 'oIumnt ry, anid espec ially of t he Southern states,'' the resolultin e015(xpress5 thle opliniion t:hat such le islhat ion is thle out growth (If a mistaheni and miisgutided publ ic sen t.imei'nt . 'Thle resohtlutins say fuirthI er, ''ta we depl)1ore sneh'l a pubilic ( senitiment. and1 suchl un,just and tun faiar legislation .alimedC at the rail roads, especially .of the South, and that we recommend to all fair-mind ed citizens of our State amid to t-he memib)ers of our present legislature, who, we are conflalent, are earnestly desirous (of doing only what is for the best interests of all the people, that the present unjust warfare on railroads whineb is being w~aged in othmer states be not enicoura'ged 01r abetted in the state of 'Tennuessee, lest such a warfar'e prov'e'disastrouis to the legitimafe developimnit (of the industries of the state and thme well being of all her pnnanie." OUR EAI BROP Our sales doubled tho-e of a year ag< behalf of our handsome store. No ma many improvements to be made befort $2,000 Worth of Ribbon. Enough Ribbons to stretch from here to California, boug six months ago. All shades of Taffeta and Satin Ribbo worth at other stores 35 and 40c., here for only 19C. A two horse load pretty Taffeta Silk Ribbons in all shad and black and white, worth zoc. yd., for this week ioc. y Mimnaugh's Trade Winners. x5c. Brown Dress Linen, the yard ioc. 15C White Madras Waisting, 36 in. wide, ioc yd. 15c. White Lawn, 40 in. wide, the yd. loc. Scotch Lawns, smooth pretty finish, dainty figures, o dress to each customer 31c yard 15c. figured and striped Madras for Men's Shirts and 3ov Waists, full 36 in wide, the yd. ioc Two Hundred Fine Bed Spread. Will place on sale Wednesday. and as long as the lot hol out, you c:in buy the $1 .o Spread for only 98c. each. $I.5O Ladies' Whiie Linen Skirts 98c. 12 '!oz., Fl L,:Idie' White Linen Skirts, f1il itep m ic(ly made, vou can't mnatch 1his skirt in a-l Newb-rry f less than Si 5o. Vou don't have to take our word fur i come and see for yourself. A, long as lot holds out 98 -. eac For any n in Dry Goods Farmer Washington. close of his eveitful life Laure:,s Advertiser. eAll-eful, metliodical labiti Thle Advertiseri has from time to iueh ilformation ilmut tiie endeavored to impress upon its sive business affairs. readers and its farmer readers espe. products of his place we cially the wisdom and the necessity manufacture of 1,000 bari of keeping books so that they may 2,000 barrels of g-0od w know what they are doing. It would frequent sales of hog, be dangerous to run a newspaper un- From 1759 to 1764'Was less its manazoers kliew whether or lis owil expolter, sondi not it was losing or paying. The produce from his great manufactirer of iron or cottoni goods 3ristol mid Liverpool. is very careful about his cost sheet. tities of tolaceo were ha He can tell to tle fraction of a penny nm during this time, at whether or not he is getting as mueh in Enwlild were inqtrue money for a ton of steel rails or a their eyes open for an bale of cloth as it cost to produce a-ricultural implements hin.themm. im In the same way, the intelligent Noes)eilI,yuL far mer should know whether or noteisthtGog sii lhe is paying too much for labor or wy ntlelootfri for stock or for provender to admit iifimn-nimeio of his coining out with a p)rofit, ortolkoufrthm even at tihe end of the year. Of course every man who works faithfully is entitled to a p)rofit.tolaeahctteen Once there was a great farmer inrwi'e ncigofI this country, who, when lie died, is Tht asitn 's said to have been the wealthiest manmageishonfma in all these United States and his le''oet n fh propierty consisted of plantations,'' cnm inaltng well stocked, and lie made them pay. ad(eia)eo am He ownedl no banks anid in his day sl nntlii_mr nobody owned railroads or trolleymoesenilytann lines or steamship lines. He wvas mere-lgteprvnrtoe ly a farmer, a pilain farmer, who did iitecirayntki not mind w~orkings with his own hands eeyao fi eue w~hien it was necessary. HeI wvas not ~ai i~ nllkws born1 rich and( thieire have been men ofmitngIlepos are greater brilliance in America though ipeet,adtega none perhaps who were' wiser'. We t hmtt eUiices supp)lose it would be a sensible thingtode i(l' ft,m for the, farmer's sonms and daughterscat,itdbue int and1( the grown-up farmers too to readlTtm odi eie r about t.his farmer and his ways and t i l ii i'O lie grown-uip farmeis and other busi- s ie otpol tf ness'5 men imighit learin a good (lealI from his life if they would study it. 8CtO ~ le~a His iiaie, by thle way. wasi George ~ie~ h al Wa shii n'1on andi~ he lived in Virginia. Hie was never "'in politics'' tlj(ough tliti,tii'dolait hi~ eontr iy needed him i sometimes, Ileljs eso an i hen he responded like Ilie brave and ya lhon est ''enitI lman that hie was. On i o 'toivjtee I le '-tml of' F"ebrua ry Gecorge Wash - (hi~Ii ttr,atdI s iigtont's 157 hith day was celebratfed all over t~fhe world. Sold ier that lie 'm 11idi i ap'sa was andh wealthy and( hosp1itable gen- ii~tra i ulet teemain thmt lie was, lie was first oflois Amn th uj all a farmer and lie believed in 'i] r u ssd weecovr ning~ his plantations to make monecy. Igons onps,pn Mr. Frederick J. H-askin last week fliigsep edn t printedi in the Louisville Courior--saye,pnsadfne Journal sonme interesting facts about bs,adtemk.pat Farmer Washingitoni of Mounmt Ver- Io lnigrtaini non1 andi( we are making some extractsiiviedaci luir from his article ini the hope that they ipnhefro,(rl wvill be of' practieal benefit to thejo'ritan soav f'armiers and1( the coiming farimers of anifwolow Lau rens County. Mr. Hlaskin says: ~~f f55aue i His dairy, carefully kept 'almost'etcemsocrp o ivi but ll'alcfrm 760utti th Iprctie o hiseventuatli eneu, ehdca ai STER I ALL REC . We couldh't begin to tell you al tter how complete this store may s( a our plans are carried out in full. A Money Saving Sale Begins Tomorrom ht and Lasts all the Week. li, Black Goods Department from the es World's Foremost Looms. Black Batiste, 4o inches wide, the yard 48c. Black (wool) Taffeta, 42 inches wide, the yd 79c. Black Panama Cloth, 38 inches wide, tlh yard 48c. Black Shadow Plaids and Stripes, the yd. 98c Black (Freich) Voils, 42 inches wide, 79c. Black (Frencih) Voils, extra qualitY 45 inche: the yd. $1.29. Black Silk and wool Chiffon Voils, 45 inchel nwide, the yd. $1.49. Black Silk (French) Mohair, 45 inches wide s ti:e yd. 28c. Yard wide Iack Taffata Silk. 98c. yard. We bave ihe bet vard wide ftgaranteed blacl Id stores $I .> :.dr, we offer it l ong .a it ia-st aut 98c. I . :wst!y helieve we offer the greates variety aid be,! bourght stock of dress goods an -- silks under any one roof in this section of tht b. State. Aillinery, "lothinig, Shoes , shows his for hiiself and his neighbors. , and gives. his exten-' lore than all in value is the lesson mong the of his accuracy and painstakin" care re a yearly in little things: 'els of meal, 'Washington's fidelity to detail is hiskey, and s Ion by the eare with which he sheep, etc. k.pt his account hooks. The entries ung(Iton Was wvere written inl clear, c-arefull letters, Uto ng lu te an among them ae foud items like Car farms to thItese: ''Paid for bonnet. and tirim- COV .ar.e quanl- ins for Aliss Curtis. $2.75''"'Paid idled inl Iis freigh" on a saddle of inuit on brougli d his agents frino Baltimore by stage. $3.75;" led to keep '"For 160 miulberry trees, $2.66; " B y improved "Deliverel to Mr. Da.nbridge to pay ri( and send for hanldkerehiels for Miss Curtis, a10' andl this rathe ir sur tprising uren'is farm- enttry:' "Paid Timmins for soulp, -ton was al.. $16.00.'' Whethler into the old ex- L )lprovementIs cen tive nmansioni on Broadway when mne his agents' New York was the capital of thej s tinited States, or on his 'Viriniawi pilanitation, all his aceounts wvere kept S in the same accurate, painstaking Staanway. Whenever his agents in E'ng- " fa tobacco land sent him any articles lie requir me came: ed them to forwvard the original Wai a careful vouchers from the shopkeepers.B le'ter whichru Soverseers- Sometimes we are prone t.o think s beneficial that George Washinigon was not so It show it- t!r(at a man a fter all and that lie vidently or .inst had extriaordiniary Ituck but it is 1not- suffer- not. true, lie biegan life as a young wasted, bult surveyor and1 lie had energy and g' care tht plnek. When thle FCrench and Indians to b,est ad- defeated Braddoek biefore the Revol- ... n not per- altion, WTashiinugIon sa ved thle English web s and otfher t'romn totfa Idest ruet ion by~ his exer- o]e a belonging ('ise of what we call " 'horse sense,, muleF ily exposed. hardi'o commoin sensie. ile was a good "10 oveir by man phiysicalIlys. he ''took exercise" o'a er resp)ects. anid lie kept' his temiper. lIe did not too r' n at tendint talk too nime uch lndie was alway:us a Vliss< farut Itlin polite gent lemni. AIthouighi lhe uiinde Il ich rst view.'" 2000)( barrels of' whiskey ii year' in his wvithI padiafins, it was '" 'good whIiiskey"' land man11 of Ori_ an 1 nobody t homrhlt it wa's wrong'c to hei f'c Paiguk and sell wvhiskey by' wh olwanle 0 mut '~4~''IU m t'inIhose dayvs. I hi Wash inteton d id farmci more abouit ou et dr1111 111 it ('-et Oi ni. Or' I).O romli y(ear lo eAioni lhe moleh a tool of hiimnselfP it is able 'It w'orded. lie did nol go in poli- itf 101 tingO l(ettr t (ie nl meet inug antd thlr ow ump his hiat imnle. rit ings were ncl yell wh'Ien somelt Ipolit ician I tol a i id almnneas J"''ke, lie dIidl not get ainogry atnd refulst'ga 'r farme,.s I' listen to his opponeni'its, lie inided iidila c disser't- M is ow~n buisinhess, but wh len hiis c'otnn- its o ets lie dis- try called] him lie went to the front Wh~l ts, pasture and, spite of hardship, spite of cal- ton ha ing cattle, ninny, spite of lots and misfortunes, Alexai ek, kinids of lie stuck to his post until the right her Il fliat wer side won. pro(te< enl methods lie w< erops. lie jOne of thec gr'eatest things that maind tat wvonl l"armer George did for A mer'icanus forces le cori'n atnd xs to beoiii thle breetdingO otf muile-'. 1. ie work of 'itne Spaniish niobleman 4ent hiimi as andiel .On a 'er'- I pre.Senlt a fine .jack. Mutlt's werme niol otn for put11 several kntcwni in thle Unlitled StaIes theni anud feet io laitioin inito . rbinton tea o raise mittIes o nt ithe his t heories ihis famni. Whlat sort of case would awhjih r'.l V r~i USINESS. ORDS! I the complimentary things said to us on ;em to you, we are not satisfied, there are A Big Corset and Tape Girdle Sale. oo doz. Corsets and Tape Girdles just landed, short, re. dium and long waists. We place the one hundred doz. on sale, all sizes, 18 to 30, at one price 49C. each. Solid Car Load Oxfords and Slippers. Drew Selby & Co.'s Oxfords have won fame on merit, those who wear them once want them again. We know there is nothing in all Newberry can touch our $2 oo Oxford. We stand out with determination to sell the best Women's Oxfords at $:! 0 oblaitiable, Cuban heel. broad iaces. etc., priced elstwhere for S 30 Not for ainy- price c:I h-rc he built a beltter Oxf rd i. 1 I'%); ou. Clothing Department 2nd Floor. 200 Nler.'s fiue Suts $7 go to $io oo)for only- $6 ;() suii oo1 Men's fine Suits $2.50 to $13 50 fr only i o suit. Millinery Creations a Credit to Any City. Isilk ; ihnuc, . t, hI b! u ( it CrUC o. ill )I.. .\; i rv : n-e..1 tc par Ti i t. O ur ' -Itle; ,i '%! er 'rVeCt . 1 1t 1 h;1t. Ilit I le t(.1teh, gracerul curive, that in-ike the touch of tle t rw ar!. i , and is readily recoguized by al who kinow , what's wh::when they see it. and H --ts Hunt Newberry's Groatlsi us e. rogrtKSSIVe Fornies's those who use the most up-to-date improve nts. Therefore tuy a K. P. Guano Distrib r for only $8.50, made to sell for $ 10.00. ries 75 lbs. fertilizer, easily controlled and ers as you go. Cotton Planters. uy a Universal for $4.50 this week, former :e $5.00. Harrows and Cultivator~s. ittle Joe $3.00, 14 tooth with lever adjust at; $3,75 5 tooth Cultivator, set screw ad :ment; $3.25 lever adjustment only $4.00 hi extra long braces. se us for any modern hardware desired. b lot Stoves. N othing "job" but the p rice. te sell L.ime, Cement and Builders' Hard ring us all kinds scrap iron, brass, copper, ber, &c. :raig Supply Co., Prosperity, S. C. Sndiia ,eenIi Card. of Thanks. ror\ ii, rarna or t liue n d W k i p o u ".*i ~*iihIl~ \~li1~ ni1y o, -f than~ iik ing those it. i. (ii-- 0?lun whoA~ I 1 VJ rnde redJ uIs their 'i Iuilids~!aes l' ip]rte ative ass istance in I ih ii'nen a 51.41 on r tryinrg to remove some h4 ~hl lhe eIohI( ras o of the stock f romn our i $4r>0e5 rii ti Art and Variety Store oi n I. We-trn ma a pr r du ring the fire of latt :II\ \i lI;-li s Si a hs or ~J. ZL. S4ALTE~IR. :n t rue a nd 1beauiti lud lesson- Iuv ic u i g inis ii yu en thle war broke out WaI.hiner-. ae >iteenI'o maki lars'' ie yhour gta home for his~ mother' ii lfac lie to saw ou as.' Her tOdhon nd(riai, and moved her in from I in her toeoto ow Ytrk anbe ant-ation so she wvould he better on y whis Pesdn 1 o( thelpdt mae. -td. A f'ter p,lacing her' there counry whieb hes lad thelped to mae nf Northi and was made Comn- died.r moths er he goo waigomn >r-in-chiief of' thle Amellriemli fllie. I4 Afte s lierm W adhigto's - If was not4 unil iiNovember' I' m ot.her barayette 11: sid~f he'ii had ''seen t hut lie ~a w h is mot Ii' ipe~o ,j. Noan n rnlviginti wn1 lp th ii lare w wenit to her Iwit Wih all the huiolily and~ af' Ii tha I solni might sho his SHJ-INGLES--T have plenty of shing. ri. Ihe lo at lim on ludly for les. Call and get prices. ,and t hen said:l ''you ar .W.LRy