The herald and news. (Newberry S.C.) 1903-1937, December 20, 1907, Page ELEVEN, Image 12
TILLMAN ON MONEY.
Roosevelt and Oortelyou Flayed?
Holds up Clearing House Bank
Certificates for Ridicule.
A characteristic speech was on
Monday delivered in the senate by
Senator 'lillman. Mr. Tillman spok.on
his roolutioin directing an invtMipavion
of the recent bond issues
an I clearing house cert!:lcates, lmt
he took occasion to comment on a
good many matters concsrning the
i financial affairs of the country. ''1
inii.it confess I have not studied fin'
ir.i-c very much from the books,'* be)
gun Mr. Tillman apologetically. "My
own-labors in that direction having
been confined to my own expenses."
, Mr. Tillman said he did not know
? who!her the criticism of tire chairman
ot the house committee on banking
and currency (Mr. Fowler) had caused
the secretary of the treasury to
halt in the issuance of bonds, but a
change of plan seemed to have been
made and lie had not been able to
learn how much of (he proposed
bond issue had been put out. lie expressed
the opinion that the secretary
iiad violated the spirit of the
L law if he had not violated the law it7
self.
"If we arc not in the midst of a
L panic, we are in the midst of a chill
H produced by the danger of a panic,"
y declared Mr. Tillman.
The treasury, he said, has "dumpSi
ed" its money in Wail street and the
I country has praised the patriotism of
J. P. Morgan "in aiding the country
to gel a grip on itself and not
| let everybody go crazy and precipitate
further loss and horrors on the
country."
' Speaking of ;i published interview
L" with the president by Mayor Dnlilman,
of Omaha, in which tiie president
is alleged to have said that if
he was responsible for the panic he
was glad of it, as it had brought to
I view the rot (ten condition's of the
country's finances, he said:
"I fear that Mr. Dahlman is in
imminc-nt danger of joining the Ananias
Club. Perhaps somebody here
will use the 'phone and find out
about that."
He said (hat lie would not worry
about the panic, but he found so
many facts connecting the treasury
department, even the senate and the 1
house of representatives, with Wall '
, street Hint he was compelled to roc- *'
f oynize llieni. -especially n* the far- :
L liii'V, (lie cotton planter and the nianI
ufartuivr were affected, lie said he I 1
P nvanicd to know who struck "Billy
f Patterson."
lie spoke of the manner in which 1
the financial sfrinyenev has operated.
"And," he added, "the president
says he is proud of it. 1 cannot bev
lieve he said it. He has aid many
things lacking discretion, but I do
?~not believe he is so callous as to feel 1
[ any pleasure in the condition of pari*
alysis which confronrs us. 1 believe '
L he is a patriot, though he has per- 1
Rht\ps shown it badly at times."
Ridicules 'Clearing House Certificates
HI TlV senator held aloof a banking
Hiouse\ certificate and in a loud voice
Rralled upon the senate to look at it.
gl'Hcrciis a specimen," he declared.
B?/lt looks like what you call Confe.lHsratc
money?shinplaster? and they
^Bre issued by national banks. Look *
Rift it. 1 am going to have it engraved
f if it can be done without destroying '
Bit and put it in the Congressional ;
B^tejcord. But I don't propose to have '
Hi'?fflestroyed and lose a dollar just '
l^lighlen you upon the currency 1
f luic wanted only good greenbacks
in rasping tones, speaking of the '
^ftessity\of money, he said:
IpYou \v\All have to go to the boncSw^s
between the "shinplasters" in
Ktlve form ojf Clearing House certifi^ jatcs
and greenbacks he said he would
^Rtrcfer greenbacks based on railroad
HK-u.1 oilier stocks and bonds, although
^^Jiey were, in his opinion, filled wit.li
?lle was, lie said,, daily in receipt "
% letters from people who think |
'<l,mv :l" about the currency and .
ft. .> schemes for currency reform. (
raMjfe'i l'ul I don't even read them," lie {
It has been alleged, he sai.l,
?$? the bonds recently issued had
H^Rhcen sold to the bight.' bidders)
ffifflRlic read a newspaper copy of a
HKB by Mr. Schraiu, of New York, ^
UHH:' he had bid LOU 1-2 on $50,- 1
KfcSflBft the bonds but had not receiv- ]
of them, although they had ^
low as $1.02. The commit- -i
ggJQgBl'inanct'. he adde 1, could find 1
BSHBH^ther thai, is true. *
|R^^H9B)mpt rollers of the currency,
gjH^HflBnre so complaisant and poWMEHM|
they arc in officc t'hat "almfflRny
one of them has graduatHrarcfinRiic
presidency of a bank."
H^^^^Hnanciers Put in Prison.
ia 1 s about the president,
BSBBBo out to join the kings of
li^h(U?' \V,jfJl? ^)10fi(lent t,ll"? ?n tli,
V iv d"M 1 ,le <>:? tlx
tt(wi.wfhe,iio?,,l?:d: th:it some
Il'V -ill I I feOOS (o tJ_l =J eoilll
, , : "I'OC.OI.O.S and destrov:
r.o ln'T- ?"
prison!" ",,Ui"s "n-vb?J.v i.
introh^T1''' " r"s,,luliu? li" lm.
for nil Se'"Uc a ??
: 1 ,an ??qwi-ry into the failure o]
the bank of which John It. Walsh 0j
Chicago, was the president, b
tTrw.? r V11/',,ad b>' beL
- tnal had bo?run. As Walsh i<
trial, he said, he woul'fnd!
eotnmo.it further on that subject
dietriot 7, S"""!la-V "graphed H,<
a m, Now Y,"'k "skim
? ".Hrecent bank failures, 1,?( |},?|
jW.nlI replied ll.n, |,t, ,,,,,1,1 Kiv<
ltitoiniation regardin<?- tin
inycstijrnlion iba, is
1 expected to be put off," je
flared tbe senator, "That socms t<
' "ol'"y ?( 'I'" department ..I
l ???r.v depart
?>'. Tillma,, ?,id be only intende,
to III ,?? these iih,tics before Ibi
??????? ??
'<? beni to nnsraer. When
?"s?'or I be,n, be said, b,
would ask more questions.
SENATORS WILL WORK.
Tillman and Latimer Get their Com
mitteo Assignments.
Washington. December 17.?Soutl
ami,irons Mill be interested I,
' '<' assij-iinient,
y bee,, K,vcn Kenulor* Till,,,a,
ami I .ill inter lor II,,. (in,;, eon-ress
"leenienl ,vas |,v ?.
I'' o"' ?f fin' so It ak' (ndav.
, t,1,i,inr is OH the commit
( . "-1 W'oprialious, Canadian re
a'l;.,,1S- ivservatioiis and proof
?n??e, Inler-State com.
merce, mines and mining flvo civi|iz
ul tubes, irrigation, naval affair
and expenditures in the navv depart'.
",e only ebaiiKe in hi' a,
" '""mollis is the addition of (ho las)
named commit tee.
.Senator Latimer is ?? ||1(. c?lllini|.
1,11 nyneultiire and fores!v. cen ns.
enmmei <e. irrigation, nia'nufac
''iiilroads and public
niiUlums and -rounds. ,\l his ro'l"?'s|
|,e was Icl l off I lie committee,
' n corporal ions i? the District of
( olninliia and patents nnd placed i:,.
*fead r n | he commit lee ?? census.
' s ,M' 1 ,('s(' are imporianl plaT
S",m" ^<vllcni work should be
M!! ' "V Soulh Car.din-a's senator.iuv
1 l,(,oph' at home durii,., t),<
in'csent session of congress.
"P. II. MeG.
Is There a Santa Calus^
rl'? li,l(: l>- Church in tbe
New \ ork Sun.
Once a lillle oirl wrote this ietlei
" ,llt' odilor of ihe New York Sun :
"D-.'nr Kditor: 1 am ei?h| years
, Some of niy friends sav (hat
Inero is no Sanla Clans. I'apa says:
If you see i| i? The Run, it's so.'
I lease lell me the trulh. Is Iheiv -i
"*anl:; Clans?
... . . Virginia O. lla.ilon."
Virginia: V<?ur lillle friends arc
ivron.o-. They have been affected bv
llu! scjepticisin of a skeptical a?e.
I hey will not believe except thev
see.
Ves. Virginia, there is a Santa
l.ius. He exists as certainly as love
"'d .yenerosilv and .levotid:, 0xist
?"<! you know I ha I they abound and
rive to your life i|s highest boautv
?nd joy. Alas, how dreary would be
!he world if there were no Santa
Jans! It. would be as dreary as if
.lore ware no Virginias. There would
STATI
THE COMMERCIAL BAN
under call of State Bank I
December 16, 1907.
r i keso
Loans and discounts
Dverdrafts
Furntiure and fixtures
Cash in vault 85,041
Cash in other Banks 72,674
Capital Stock - liabi
Undivided profits (less expei
Dividends (unpaid)
Cashier's checks Deposits,
Banks 7 910
Deposits, Individual 322,826
JNO. M. KINARD, Pres.
J Y. MoFA
4 Per
Interest Paid in our
i | bo no child-like faith then, no
? ;poehy, no romance, to make tolera
ble this existence. Wo .should have
- no enjoyment except in sense and
s .sigh;. The eternal light with which
3 childhood fills the world would he
> extinguished.
Not beiieve in Santa Glaus! You
1 might as well not believe in fairies.
) Did you over see the fairies dancing
t on the lawn? Of couso not. But that
P is no proof that they are not there.
| Vo" might get your papa to hire
men to watch all the chimneys on
5 Christmas eve to catch Santa Clans,
' but even if ihey did not see Santa
Clans coming down, what would that
prove? Nobody sees Santa Glaus.
? The most real things in the world
' are those that neither children nor
men ever see. Nobody can conceive
or imagine all tlie won,dors that are
unseen and unseeable in this world.
- Von may tear apart the baby's rattle
\ and see what makes the noise insi lo,
' but there is a veil covering the uns
en world which not the strongest
man that ever lived could ever tear
^ apart. Only laith, lancy, poetrv,
love and romance can push aside that
curtain and view and picture the supernal
beauty and giory beyond. Is
! it all ; cal ? Ah, Virginia, in all this
: world there is nothing else real and
I abiding.
I No Santa Clans! Thank God, he
_ I lives, and he lives forever. A tliousI
and yeans from now, Virginia? nay,
j ten limes ie:i tln usand years from
( | now?he wiil continue io make gla.l
} | the heart of childhood.
) i Observing Regulations.
. j Cap!. Koald Amundsen. Norway's
j I anions A relic explorer, i.i the course
of a <linlie:* yiveu by Consul General
. jRaven at the Waldorf-Astoria in his
. honor, p raided the American arm v.
4' Vonr volunteer system seems to
- me admirable." lie said. "Such
brave and intelligent volunteers as
; yours nre rareiy to be found. Kven
- the funny stories that are told of
these young men?untrue stories
t they are, as a rule?testify to lb?
sturdy independence of the volun
j leer's character.
"I have in mind a slory that I
; j heard about a national guard encamp
innt last summer. A new volunteer,
' j who had not yet quite learned nis
| j !)Msi:iess. was on sentry duty one
.:'<i'.--!;i when a friend brouuht him a
pie from the canteen.
"As In' sal on the jjrass eat inn
. if'e major saunlered up in
. mid re.-s. Mie sentry not recoyni/i ty
t iiim. d-i.l no) salute, and the major
stopped aiul said:
" 'What's thai you have there?'
Pie,' said the sentry, good-nature-lly.
'Apple pie. Have a bit?'
' j " rhe major frowned.
"'Do you know who I am?' lie
I aske l
"'No,' said Hie senlry. 'unless
; you're the major's groom.'
" riie major shook his head.
; " T!ue-s ayain,' he growled.
" ' rhe barber from the viila,,-o?'
'' ' No.'
" ' Mavbe'?iiere the sentry lauirhed
maybe you're the major iiimi
self?'
'Thai's riyhl. 1 am the major,'
was the stern reply.
"The sentry scrambled to his feet.
" ' Good gracious!' he exclaimed.
'Hold the pie, will you, while T presf
rent arms!'"? Washington Star.
j BROADDUS & RUFF HAVE A
pre I l.v line of Christmas cards, al1
so toys, &c. DON'T FORGET TO
OATJ, at The Herald and News
Building and see their assortment
before you buy.
nnHHMainaainHMHam
iMENT
DP?
K OP NEWBERRY, S. C.,
Cxaminer at close of business
URCES.
$313,666 49
7,199 87
3,116 93
03
03 - - 107,715 96
$431,699.25
LITIES. 1
- $ 50,000 00
rises paid) - 49,222 20
940 00
800 00
74
31 - - . 330,737 05
$431,699 25
O MAYER, Vlce-Pres.
i-L. Cashier
Cent.
Savings Department.
ICHRISTM
8 With every $2.00
| we will give a tw
I 8 Knife worth 50 ce
|| I is guaranteed and
I I if it should prove d
| jj wa>. Come earl
I' 1 only 100 Knives.
| | Look in our windc
| | ing Christm;
J I
j|j| vp ^
Picture Arcade THE
OPEN L)
Under Hotel Frederick '
Every Afternoon 5 to 10. !
Admission 10c. I Sj
Ij
Under 12 years 5c.
i s
mmammmmmmammmammmmammmmmmmtmmmmmtmmmmm
Passenger Train Schedules (Revised) C
Effective 12.01 n. in. (Eastern time'
Sunday, November 24th, 1907, x the S
leaving time for jwisscnger trains out
of Newberry Union Station will be
as follows:
Southern Railway.
No. 15, for Greenville .. 9.07 n. m.
N. .12, for Columbia .. . .10.35 a. m.
No. 19, for Greenville .. 1.25 p. in.
No. 18, for Columbia .. 1.40 p. m. j
No. 11, for Greenville .. 5..18 p. m. j
No. If), for Columbia .... 9.47 p.m.
CJ., N. & L. Railway. Hp
*No. 85, for Laurens . . 5.19 a. m. j ij
No. 22, for Columbia .. 8.47 a. m. j-j
No. 52, for Greenville ..12.40 p. m. k
No. 511. for Columbia .. .'1.10 p. m. m
No. 21, for Laurens .. ..7.25 p. m. i X
*No. 84, for Columbia .. 8.30 p. m. j
Daily, except Sunday. ,
The foregoing schedules are given . 0
only for informal ion, arc not guar- j
an teed and are subject to change
without notiee.
G. L. Robinson,
Station Master. r?
LUMBER?Hough and dressed, ton-! _J 'J?
guod and grooved of all kinds and j | J
grades. Shingles, sash, doors, blinds. I """""" """
laths, roofing, roof paints, ctc. A
large stock of good material upon ?
which I will meet all prices, and gg f?||
strive to give satisfaction. 8^
iAS GIFT
lot of Fireworks
o-blade Pocket
nts. The Knife
will be replaced
efective in any
y for we have
)ws before buyas
goods. I
i HOUSE OF QUALITY.
'EE?
FOR
UitaM
ilver Handle Silk Umbrellas
from $5.00 to $7 00 each.
olid Gold Cuff Buttons at
$2.50 and $3.00 per pair.
hains and Lockets in Gold.
wastika designs in Scarf Pins,
Brooches, Hat Pins at d
Beltings.
GET A
r doing Fancy Embroidery
work for Christmas.
R
_ L- ZD