The herald and news. (Newberry S.C.) 1903-1937, April 02, 1907, Page FIVE, Image 5
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