The herald and news. (Newberry S.C.) 1903-1937, January 24, 1908, Image 6
TILMAN AFTER ORvTELYOU.
Secretary Says Resolution Calling for
Information on Panama Bond
Issue Means Co4nsiderable
Work.
Washington, January 20.-Just be
fore the senate adjourned today Sen
ator Aldrich received a letter from
Secretary Cortelyou explaining the
delay that has been experienced in
his reply to the resolution calling on
him for information concerning the
recent Panama Canal bond issue, and
the letter was promptly laid before
the senate. Earlier in the day Sena
tor Tillman indulged in caustic com
ment on what he characterized as the
seeretary's apparent "disobedience"
to a senate r-solution.
In his letter Mr. Cortelyou says:
"I am sorry that there should
have been a misunderstanding as to
the time when my answer to the sen
ate resolution regarding the treasury
operations should be. sent in. Had I
been advised of your request to
know when it might be expected I
would have replied that I required a
little more time to go over tihe mass
of figures it involved. It is my de
sire. of course, that all business of
this kind shall be disposed of
promptly, but this matter is so im
portant that I shave felt it 'desirable
that every feature of the report
should be clearly stated, both for the
information of the senate and ix
justice to the department. It is my
desire and intention to submit a com
plete response to the resolution, and
I hope to have it ready in the course
of the next few days-in all proba
bility about the beginning of next
week.
"The amount of work involved in
the prepartion of such voluminous
data. may be fully appreciated by
some, but it should be remembered
that the forces in all the bureaus
here which !have to do intimately
with financial matters have been for
weeks working overtime on the regu
lar business of the department, and
to have this duty put upon them in
addition mat4ria1ly increased their
burdens."
Mr. Tillman opened this question
in the senate by inquiring whether
the vice president had received a re
ply to thes resolution for th'e secre
tary of the treasury.
-"Nothing yet," sreponded the vice
presidant.
"It's a little curious that an of
fleer of the government should be
willing. to' occupy the attitude of
dlisobedience after we have given him
considerable time to send in this in
formation," said Mr. Tililman.
Cortelyou's Course Strange.
"The currency bill is to be 'broughV
in and pressed for consideration,
and it seems strange that the secre
tary of tihe treasury, who is direct
ly responsible for our financial af
fairs, should refuse to send in a re
powt giving the information we
Chairman Aldridh, of the finazica
committee, who was out of the room
when Mr. Tillman made the inquiry,
re-entered the room at this juncture
just as Senator Platt suggested that
~he be called.
"We are tolld," cotinued Mr. Till
man, "that Secretary CorTelyou is
ill, but he was not too ill to go to
.New York to make a speech. It
seems extraordinary, phenomenal,
th'a-t we canndt get a report from
him."
"The fact is," said Mr. Aldrich,
"the papers were in form to be pres
ented and they 'were placed before
Seceretary Cortelyou, but he found in
order to rmake the presentation to
the senate in a form sat.isfactorv to
himself it would require a longer time
than ,vas supposed.
"The eriticism in the Senate as to
that action led for <Secretary toi
make a frank and explicit answer to
all suggestions as to what he -had
done with the bonds anl' certificates
of indebtedness. The 'Scretary as
sured me this morning that he is
preparing this matter as rapidly as
* possible."
" There is no definite time fixed ?"
asked Mr. Tillman. "As soon as
possiible means any time between now
an~d doomsday."
"Those of us who know Mr. Cor
telyou." said Mr. Aldrich. "know
that he is never delinquent in his
public duties, and I think that if
th~e ,Senator from South Carolina
would take an opportunity to talk
thais matter over with him he would
be satisfied."
"It did not take tha,t long to issue
the hooads." insist?d Mr. Tiliman.
Aldrich Explains
'"That w*as a simpler matter.'' re
forted Mr. Aid ri(b. '"The Senator
from Souith Cahrolina does not rea
lze -thiat he <-an put down in papers
inwe:'i that wvill tae mn'iths and
mneh work on the part of a force of
a :rrent departm?nt to answer. It is
muc eairt ak e tions t:han to
answer them.
"Tie s'e ator will recall,' inter
rupted Mr. Tillman, "that thase
questions were asked by 'his own com
mittee. I now will give some addi
tional reasons why we should have
this information forwarded to us. I
have a letter from Mr. Kloberg in
closing a reply he received from As
sistant Secretary Edwards.
"This," he continued, "may give
some light as showing why the see
retary finds it so difficult to answer
inquiries we had propounded. This is
the letter giving reasons why he re
fused to recognize bidders for
bonds."
In reply Mr. -Tillman read from
Mr. Edwards his letter: "You are ad
vised that under the reservation made
by the department aliotment was first
made to individuals and institutiom
for amounts not exceeding $10,000.
The remainder was allotted to the
highest national banks."
' This was fol-lowed. the letter
continued, because it was not deem
ed wise in the currency stringency tc
withdraw money from the banks by
making allotments to individuals
which resulted in puttin2 90 per cent
of the purchase price in the banks
and allowing them to take out ad
ditional circulation on the Panam-a
bonds.
"'This circular made nb reserva
tion of bids." d-eclared Mr. Tillman.
"This is purely an executive func.
tion and when the facts are broughi
out I think they will show that thz
secretary of the treasury utterly dis
regarded the law in his anxiety
laubable as it may have been, tc
supply currency to New York
against other parts of the country.'
Mr. filhman then turned to Mr
Aldrich and indulged in some per
sonal references to him. He declar
ed that nothing could have consid
eration in thre senate -while the chair
man of the finance committee wa:
out of the chamber.
Refers to Aldrich's Influence.
"We have to sit here,"-.he said
"until hi" great personage come
through the door."
Mr. Tillman declared that the' Re
p.ublican side had to await the nod of
the chairman of the committee on fi.
nance. "The senator." added Mr
Tillman, looking at Mr. Aldrich
"knows the great power and influ
enee whic~h he deservedly holds witi
th3 senate and with the country, an<l
it is not worth while for him to af
feet mock modesty. He is too grea
a man to have any affedtion of an:
sort.'
Mr. Aldrich said he had great con
fidence in the secretary of the treas
urv and did not wish to discuss thi
question until he had before him th
statement and 'suggestions of th:
secretary. He was satisfied that il
a short time they would be laid 'be
fore the senate, and he thought th
secretary should be given time to re
ply in the best possible manner. H
was sure the seeregary had don
what he thought was best.
Mr. Til-lman disavowed any inten
tion of saying~ that Mr. Cortelyoi
had not done what he thought wa
best. "Unfortunately,'' she said, "il
this country we find ourselves sub
jeted to what appeals to some of u
as usurpation of power."
'Mr. .Tillman said he had read il
the newyspapers that the departmen
of justice Ihad giren notice that i
would not prosecute the coal carry
ing roads of Pennsylvania if threy d<
ot obey the Hepburn Inter4Stat
commerce law. In regard in the own
ership of products t'hey transport,.
think this statement is phnomenal,'
declared Mr. Tillman.
Senator Gallinger suggested tha
the lanv does not become operativi
until Mfay 1 and he regarded thi
stateent as so incredible that he dit
believe it. "It is time the senati
should do a little business,'' said Mr
Tillman, "on its aceount. We hav<
got a doctor in commnand of a shi1
and all sorts of th.ings are going on
*REPORT TO THE ST
(CON]
OF. THE C(
The Bank of Prospe
AT THE CLOSE OF BUS]
RESOURCES.
Loans and Discounts . $146,2 ro 6
Overdrafts............2,936 -
Building and Fixtures 4,ox c
Cas on hand & in B3anks re3 2so) 2
no c'm V T-i2:m'
I do iot. ilow Wiat i1 go1-ln1 to h11)
pen next. It may be a declaration o
war perhaps.''
The senate devoted over two 'hour
to considering the bill on revision o
the criminal laws of the United Sta
tes and at 4.15 adjourned.
LICENSE TAX DUE.
Notice is hereby given that oit;
licenses for the year 1908 are nos
due and must be paid at once.
By order of city council.
J. J. Langford,
Eugene S. Werts, Mayor.
Clerk and Treasurer.
"THE RIBBON WINNER" and e.
aminatiol pads at iroaddus & Ruf
An ORDINANCE.
Relating to Street Duty in the Tow
Of Newberry, South Carolina.
Je it ordained by the Mayor an
Aldermen of the Town of Newberr.
South Carolina. in council assemble<
and by authority of the same.
Section 1. That from and after th
passage of this ordinancc all person
between the ages of eighteen and fiJ
ty years in the Town of Newberry. F
C., are hereby required to perfori
six days labor during each year upo
the streets of the said town. unde
the direction of the street oversee:
or to pay Three Dollars to the Cler
and Treasurer of the Town Council c
the Town of Newberry each year i
lieu thereof, which shall be due an
payable on or before trhe thirty-firs
day of March, provided that a rc
ceipt in full of commutation ta
shall be issued to any person wb
shall .pay the same prior to the mont
of March: Provided, however, the
nothing herein contained shall be s
construed as to exempt any perso
who shall become .a resident of tb
Town of Newberry, at any time c
any year, from performing -the lal
or or paying the commutation ta
herein required.
Section 2. All persons violatin
the provisions of this ordinance b
failing to perform the said labor c
pay said commutation tax in lie
thereof, shall, upon conviction ther
of, be fined not more than five do
lars or be imprisoned for not mo
than ten days or sentenced to hai
labor on the public works of sai
town; Provided, that the provisio1
of this ordinance shall not applyi
persons holding a certificate of ph:
Tsical disability from a reputable1
eensed physician, said* certifica
not to 'be over one year old, and ar
person presenting such certifica
Sshtall make an oath b'efore the 'se
Clerk and Treasurer that snech di
ability preven.ts him from making
Slivelihood at his usual avocation; n
to ministers of the gospel in actu
charge of a congregation,' teache
-employed in the public school, sento
trustees, and persons permanently di
abled in military service of tlhe Stat
any person who served in the la
War Between the States, all p'ersoi
Sactually employed in the quarantil
service of the State, and members <
Sthre Fire Depantment of the Town<
-Newberry; Provided, however, th:
Sonly twenty members of each cor
pany of the said department shall 1
1exempt under the provisions of th
section, and it shall be the dusty <
the secretary of each company to fi
wit'h the Clerk and Treasurer of sai
Council a list of all members of .l
company on or before the first'd
of Jannary of each year.
[Section 3. That all ordinances<
parts of ordinances, inconsiste:
with this ordinance be, and the 3an
are hereby repealed.
SDone and ratified under the co
porate seal of tne Town of Newb'err
(Seal) South Carolina, this eigh
dayof January, A. D., 1908.
J. J. Langford,
SAttest: ~ Mayor.
SEug. S. Werts,
City Clerk and Treasurer.
ATE BANK EXAMINER.
ENSED)
NDITION OF
rity, Prosperity, S. C
NESS, DECEMBER 16, 1907.
S apital Stock.... ...$ 25,000 C
1Surplus and Undivided
PrftD...... 308ue to Banks.. .. ... . 2,809 (
u lividua Deposits... 121,053 C
s, Paal..... 7,500 c
$169,4oo
-......R, J F Bazowin
-Casnier.
The Pacific
40 ears Old.
"Old Line" Company.
ROBERT NORF
This grand old company has just announc
cessful year in its history, which extends wa
Every well informed and honest Insuranc<
ance Company is the strongest Insurance (
of at least $50,000,000.00 and the assets of
500,000.00 of substantial backing-in other
This Company pays the largest cash divid
holder how he is pleased with his dividend
cash and paid-up values. Every policy con
This means that, if you hold a policy in this
disabled, you will receive in cash, $100.00
insurance; and during this time you will not
miums. For the time you lose on account c
we shall pay you $5.00 a week per $1,000.(
You will find below the rates on some of
Term Policies.
A
r Age. Rate.
21 $10.05
22 10.15
f 23 10.20
1 24 10.30
d 25 10 40
26 10.45
27 10.55
X 28 10.'65
0 29 10.75
h 30 10.90
It 31 11.05
0 32 11.20
n 33 11.35
34 11-50
35 11.70
x 36 11.90
37 12.15
38 12.40
39 12.65
40 12.95
u 41 13.30
42 13.70
1- 43 14.15
44 14.65
d45 15 20
d ~ 46158
s 47 6.60
48 . 17-45
49 18.40
50 19-50
a 51 20.70
y52 220o0
t~e 53 23 50
Ld 54 25-15
s-. 55 27.00
iAtWoealePie
fore that date
>before the coi
t S. C., the fol
Bananas, witl thattr
the countyo
le South Carolir
Oranges, "na*s=e
y of Thomas FE
This tract is
A pples,most desirab1i
and all sorts of Fruits.1
ALSO
Homemade Ourfi
Candy.T
Tenn
THRO..LAMRRY
NOT]lCE OF FINAL SETTLEMENT A n
I will make a final settlement in
the estate of W. H. Harris, deceased, For
iin the probate court for Newberry Can d
county on Thursday, Felbrary 20,
o1908, at 11 o'clock in the forenoon,
and will immediately thereafter ap
ply to the said court for letters dis
3 missory. ATI persons indebted to
o said estate will make payment on .or
o before said date and all personsB
_having elaims against said estate will
4present them duly attested.
4 Annie R. Harris,
-, ~Administratrix.H
LAND SALE. I
Mutual Life.1
Over $100,00 0,000.0O
business in force.
IS, General Agent.
ed the fact that the year 1907 was the most suc
back to 1868. a;
man knows that The Pacific Mutual Life Insur
ompany in America. The stockholders' liability
$14,500,000.00 gives the Company about $64,
words about $5 00 to every $1.00 of liability.
ends of any Life Company. Just ask any policy
s The policies are most liberal, providing large
tains the Total and Permanent Disability Clause.
Company and become totally and permanently
ach year, for ten years, to everf $1,000.00 of
have to pay any money to the Company for pre
f sickness (any disease) or on account of accident,
)0 of insurance.
ur policies:
Non-participating Policies.
Age. Rate. Age. Rate.
20 $15.40. 20 $22.80
21 15.70 21 23.15
22 16.05 22 23.55
23 16.45 23 23.95
24 16.85 24 24.33
25 17.25 25 24.80.
26 17.65 .26 25.25
27 18 10 27 25.70
28 18.6o 28 26 15
29 19.10 29 26.65
30 19.60 30 27.20
31 20.15 31 27.75
32 20.75 32 28.30
33 21.35 33 28.90
34 22.00 34 29.50
35 22.70 35 30.15
36 23.45 36 30.80
37 24.20 . 37 31.50
38 25.00 38 32.25
39 25.85 39 33 05
-4- 26.75 40 33-85
41 27.70 41 34-70
42 28.75 42 35.60.
43 29.90 43 36.55
44 31-10 44 37-55
45 32 35 45 38.60
46 33.65 -46 59.70
47 35.05 47 40.85
48 36.55 48 42.10
49 38.20 49 .43.45
50 ..39.90 50 44.90.
51 41-70 51 46.45
52 43.65 52 48.05
53 45.75 53 49.75
54 47.95 54 51.60
55 50-30 , 55 53.60
56 52.85 56 -55 75 ~
57 55-55 57 . 58.00
58 . 58.40 58 ' 60.40
59 61-45 59 63-oo
60- - 64.70 60 65.8o
ek a. In., and 2 p. mn., the towni of Newberry and has upo
not sold privately be- it a niec new residence, a splenT
to the highest bidder well of water, a barn and ta a
irt h'ouse at Newberry,, good garden with wire fence, .me
wing tract of land, to you.ng fruit trees and other ' prove--~
- . . ents. Th~e land is very fer 'Ie and
et of land situated in there' are over 900) feet of stieet front
.Newberry, State of suitable for building lots. Terms:
. .One-half ea.sh, balnee in 12 months
a, containing ten and with interest fromn date of sale. Pur-- a
and fronting on Har- chaser -to pay for papers.
and bounded by lands ,W. W. Wicker.
lk and Henry Sligh.T.EWier
located in one of the -.E ikr
residence sections of 1taw-td
WANTED!
ends to.know that we have added
to our stock a nice line of
ENNEY'S CANDY.
y's Cream Cake Chocolate, Choco
~imonds. Korn Nuts, Salted Pea
Chocolate Cream Drops, Assorted
Iate, Peanut Brittle, Marshmel
Zettes, aliso Mackintosh Toffee, &c.
ce line of 5c. and 10Oc. Box Candy.
anything in Stationery, Cigars,
, etc.,
CALL ON
road dus &Ruff
rald and News Office.
1