The herald and news. (Newberry S.C.) 1903-1937, January 24, 1908, Image 6
TILLMAN AFTER CORTELYOU.
Secretary Says Resolution Calling for
Information on Panama Bond
Issuo Moans Considerable
Work.
Washington, January 20.?Just before
the senate adjourned today Senator
Aldrich received a letter from
Secretary Cortelyou explaining the
delay (hat has been experienced in
his reply to the resolution calling on
him for information concerning the
recent Panama Canal bond issue, and
(die lot tor was promptly laid before
the senate. Karlier in tiho day Senator
Tillman indulged in caustic comment
ou what he characterized as (lie
secretary's apparent ''disobedience"
to a senate resolution.
In his lotler Mr. Cortelyou says:
" I am sorrv I hat t here should
have been a misundcivilniiding as to
tlie time when my answer to the. senate
resolution regarding the treasury
operations should bo sent in. Ila.l I
been advised of your request to
know when it mi^lil be expected I
would have replied that I rc<|uired a
little more lime to ?_;o over (be mass
of figures il involved. It is my desire.
ip| course, that all business of
this kind shall he disposed of
promptly, hut this matter is so iniporta
il thai I 'have felt il desirable
thai every feature of I lie report
should be clearly stalled, botlli for the
informalion of the. senate, and m
.justice to the depanlmont. If is my
desire mid intention to submit a complete
response, 'to the resolution, and
I hope to have it ready in the course
of tiie next few days?in all probability
about the beginning of next
week.
"The amount of work involved in
the preparlion 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 mailers have been for
weeks working overtime, on the regular
business of the department, and
to have this duly put upon I lire in i:i
addition mat<)vial|ly inoivwsed their
burdens."
M r. Tillman opened this question
in the senate by inquiring whether
the vice president had received a reply
to |ih,-> resolution for the secretary
of Ihe treasury.
"Nothing yet," sreponded I lie vice
president.
"It's a little curious that, an officer
of the government should be
* wiilling to occupy the attitude of
/ disobedience after we have given him
j considerable time to send in lihis inf
format ion," sai l Air. Tillman.
Cortelyou'a Course Strange,
"'file currency bill is to be'brought
in and pressed for consideration,
and it seems strange that the secretary
of the treasury, who is directly
responsible for our financial affairs,
should refus'e to send in a report
iriviiuv the information we
need."
( hairuian Aldrieh, of (tie finance
committee, who was out of (he room
when Mr. Tillman made the inquiry,
re-entered Ihe room at this juncture
just ns Senator IMatt suggested thai
he be called.
''We are told." eotinucd Mr. Tillman.
" tihal Secretary Cortelyou is
ill. but. he was iio( too ill (o go to
N'ew York to make a speech, ft
seems extraordinary, phenomenal,
that we can noil get n report from
him.''
I lie tact is,'' sniil Mr. Ablrich,
'the papers were i:i form t'o be presented
and i iiey were placed before
Secretary ( orlelyou, 1 >nI lie found in
order to make the presentation to
the senate in a form satisfactory to
himself it would require a longer time
than >vas supposed.
"'The criticism in the Senate ns to
that action le.d for 'Secretary to'
make a I rank and explicit answer to
all suggestions as to will at he had
done with (be bonds and certificates
of indebtedness. The 'Secretary assure,I
me this morning t'hat he is
prep'inusf this mailer as rapidly as
possible.''
" I'lieiv is no definite time fixed?"
asked Mr. Tillman. "As soon as
possible means any time between now
* and doomsday."
"Those of ns who know Mr. Cortelyou.
said MV. Aldrich, "know
that lie is never delinquent in iiis
public duties, and I think that if
tili'o Senator from South Carolina
would take an opportunity to talk
1'his matter over with him lie would
be satisfied."
"It did not take that long to issue
the bonds," insist m! Mr. Tillman.
Aldrich Explains
"That was a simpler matter," retorted
Mr. Aldrich. "The Senaloi
from South Carolina does not rea0
n/.e thai lie can put down in paper.*
inquiries that will take months and
much work on the part of a force ol
a great department to answer. It is
much easier to ask questions Khan lr
>wjk?vV.'. /
answer them."
"Tho senator will recall/ into
rupted Mr. Tillman, "thai thes
questions were asked by bis own eon
mittee. I now will give some add
tional reasons why we should ilia\
this information forwarded to us.
have a letter from Mr. Klolborg ii
closing a reply ho received from A:
sistant Secretary Edwards.
"This," he continued, "may gh
some light as showing why the se<
retary finds it so diilicuLt to aivswt
inquiries wo had propounded. This
t'he letter giving reasons why ho r<
fused to rocognizo bidders ft
bonds."
In reply Mr. Tillman read t'roi
.Mr. Kd wards his letter: "Von are at
vised I hat under tho reservation mad
by t'he. department allotment was (in
made to individuals and institution
for amounts not exceeding $10,001
T'he remainder was allotted to III
highest national banks."
"This was followed. the. lett(
continued. because it was not doen
(d wise in the currency stringeney t
withdraw money from the banks b
making allotments to individual:
which resulted in pulling !'(' per ceti
of the purchase price in the bank
and allowing Ihcm to take out ad
ditional circulation on the I'anam
bonds.
"This circular made no reserv.i
lion of bids." declared Mr. Tillmai
"This is purely a:i executive func
lion and when the facts are brough
out. I think they will show that I'll
secretary of tlio treasury utterly dis
regarded the law in his anxiety
laubaible as if may have been, t<
supply currency^ to New Yorl
against other parts of t'he country.'
Mr. Tillman then turned to Mi
A Id rich and indulged in some per
sonal references to him. lie declar
ed that nothing could have consid
eratiion in the senate While fho chair
man of the finance committee wa
out of tin1 chamber.
Refers to Aldrich's Influence.
"We have to sit here," he said
"until his "Teat personage come
through the door."
Mr. Tillman declared that t'he' We
publican side had to await the nod o
the chairman of the committee on fi
uauce. "The senator." added Mi
Tillman, looking at Mr. A Id rich
"knows the great power and influ
ence whic'h lie deservedly hold's witi
tin senate and with the country, am
it is not worth while for him to af
feet mock modesty. He is too grea
a man to have any affection of an
sort.'
Mr. Aldricb said he had great con
fidence in the. secretary of the trea?
urv and did not wish to discuss thi
tprcslion until lie had before him tli
wt a lenient and suggestions of ill
secretary, lie was satisfied that i
a short time Kiev would be laid Ik
fore the senate, and he though I lb
secretary s'hould be given time to ro
ply in the best possible manner. 11
was sure the secn^tary had don
what he thought was .best.
"Mr. Tillman disavowed any inter
tion of saying that Mr. Cortelvo
had not done what he thought wa
best. "Unfortunately," he said, "i
this country wo find ourselves suV
.jected to what appeals to some of u
as usurpation of power."
Mr. Tillman said he had read i
the newspapers that, the dcpartnien
of justice Iliad given notice that i
would not prosecute the coal carry
ing roads of Pennsylvania if they d
not obey the Hepburn Tnter-<Stat
connnerce law. Tn regard to the own
ership of products tliev transport, "
think this statement is p'hnoinenal.1
declared Mr. Tillman.
Senator Onllinger suggested thn
the laiw does not become operativ
until iMay 1 and he regarded th
statement as so incredible that he di
believe it. "It is time t'he senat
should do a little business," said Mi
Tillman, "on its account. Wo hav
got a doctor in coivwmaml of a shi
and all sorts of things are going o>
REPORT TO THE SI
(CON
OF THE cThe
Oamk of Prospc
AT THE CLOSE OF BUS
RKSOURCKS.
T/Oans and Discounts . $146,2ro <
Overdrafts 2.936 <
Building and Fixtures 4.000 c
Cash on hand .v in Batiks 16 250
1 Dr. Gho Y Hunter, L .
Prt siucm, v *v
i
I do not know what is ^ oin^ to ha
1 pou next. It may bo a declaration
w war perhaps.''
| ihe sonate devoted over two iiou
1 tk> considering the bill on revision
o tlio criminal laws of tho United St
tea and at 4.15 adjourned,
l
s- LICENSE TAX DUE.
Nofcico is liere/by given that ci
licenses for Dire year 1908 are nc
c" due and must bo paid at once.
;r By order of city council.
18 J. J. Langford,
^ Eugene S. Worts, Mayoi
>1 Clerk and Treasurer.
n "THE RIBBON WINNER" and e
I- an.ination pad* ait Broaddus & Ku
:0 m mi
An ORDINANCE.
ITS ?
1). Relating to Street Duty i:i the Tov
0 Of Newberry, South Carolina.
>r lie it ordained by Idie Mayor ai
i- Aldermen of the Town of Newberi
0 South Carolina, in council assemble
y a:i(| by authority of the same.
Sect inn I. That from and after 11
it J passage of this ordinance all persoi
s between the ages of eighteen and fi
I- ty years in (he Town of Newberry,
a are hereby required to perfor
six days labor during each year up<
i- the streets of the said town, und
it I ttic dilection of the street oversee
-- or to pay Three Dollars to the Clei
t and Treasurer of the Town Council <
e the Town of Newberry each year
- lieu thereof, whicfli shall be due ai
payable on or before Mre thirty-fir
r> day of March, provided that a r
c ceipt in full of commutation tr
' shall be issued to any person wl
, shall pay the same prior to the motil
_ of March: Provided, however, tin
_ nothing herein contained shall be f
- construed as to exempt any porso
who shall become.a resident of M
s Town of Newberry, at any time <
any year, from performing the lal
or or paying tire commutation tn
herein required.
s Section 2. All persons viola tin
the provisions of this ordinance li
- failing to perform tho said labor <
I' pay said commutation tax i:i lie
. thereof, shall, upon conviction then
. of. lve fined tint more lihan five flo
lf lars or be imprisoned for not moi
_ than ten days or sentenced to liar
i labor on the public works of sai
1 town; Provided, that the provisior
. of this ordinance shall not apply t
t persona holding a certificate of pin
y sical disability from a reputable 1
censed physician, said certifical
not to be over one year old, and ar
person presenting such certifica
s shall make an oath before the sr.i
e Clerk and Treasurer that such di
t, ability prevents him from making
i, \ livelihood at his usual avocation; n<
1 to ministers of the gospel in actu
(l charge of a congregation, tcache
i- employed in the public school, sctio
trustees, and persons permanently di
0 ablod in military service of t.he Stat
any person who served i;i the lai
T?etween the States, all persoi
,, actually employed in the quarantii
s service of the State, and members <
n the Fire Department of 1 lie Town <
i- Newberry; Provided, however, tin
s onl(\ twenty members of each cor
pa:iy of the said department shall 1
n exempt under the provisions of th
t section, and it shall be the duty <
t the secretary of each company to fi
r_ wit'll the Clerk and Treasurer of sa
c Council a list of all members of h
c company on or before the first dr
i_ of January of each year.
j Section d. Tuat all ordinances (
' p.uts of ordinances, incousistei
with this ordinance lve, and the sail
!t a,e hereby repealed.
" 1^"'^ and ratified ruder the co
e porate seal of the Town of Newberr
d (Seal) South Carolina, t'his eighl
e day of January, A. D., 1908.
'* J. Langford,
e Attest: May ox*,
p Kug. S. Werts,
i- City Clerk and Treasurer.
"ATE BANK EXAMINER
DIvNSED)
ONDITION OF
srlty, Prosperity, S. C
I NESS, DECEMBER 16, 1907.
I?I ABILITIES.
v.ipital vStock 25,000 c
9 Surplus and Undivided
o Profits 13,038 c
Banks 2,809 (
I Individual Deposits.,, 121,053 c
j Hi.ls Payable 7,500 c
J $169,400 t
J F Rrowni
1 * 1 c. Cashier,
1
;The Pacific M
" 40 ears Old. O
"Old Line" Company.
ROBERT NORRIS, C
This grand old company has just announced the fac
cessful year In Its history, which extends way back to
Every well informed and honest Insurance man kn
*" ance Company is the strongest Insurance Company
of at least $50,000,000.00 and the assets of $14,500
500,000.00 of substantial backing?in other words at
This Company pays the largest cash dividends of a
holder how he is pleased with his dividends The ]
cash and paid-up values. Every policy contains the
This means that, if you hold a policy in this Compan
d, disabled, you will receive in cash, $100.00 each yeai
insurance; and during this time you will not have to p
miums. For the time you lose on account of slcknes
r_ we shall pay you $5.00 a week per $1,000.00 of insu
s- You will find below the rates on some of our polici<
1,1 Term Policies.
Pl. Age. Rate. Age.
r, 21 $10.05 20
k 22 10.15 21
23 10.20 , 22
in 24 10.30^ 23
id 25 10 40 24
Rt 26 IO.45 25
e- 27 IO-55 26
ix 28 10 65 27
10 29 10.75 28
dl 30 IO.tJO 29
^ 31 11.05 3?
,0 32 11.20 31
33 11 -35 32
ul 34 33
* 35 n-7? 34
x 36 n.90 35
37 i2-15 36
38 12-4o y 37
39 1:2.65 38
;r 40 12.95 39
u 41 13.30 40
5- 42 '370 41
1- 43 l4-15 42
o 44 14-65 43
d 45 15 20 44
d 46 15-85 45
)S 47 16.60 46
0 48 17-45 47
49 18.40 ,v 48
i_ 50 19-50 49
Is 51 20.70 50
ly 52 22 00 51
te 53 23 50 52
i<l 54 25 - !5 53
s- 55 27.00 54
55
^ 56
fll fjy
^ 58
f>1 59
s" 60
1 1
r At Wholesale Prices t^?1**>
,r ni iviiuiuuuiub iiuuu foro tlmt (lat6) ?,e hi?
l)cforc the court house at
1 S. C., tlve following tract
All that tract, of land
Id
-,f the county of Newberrj
le South Carolina, containii
'd ^ v>Q Q one-half acres and frontal
's V-/I Cfel 1 v/ O f rini*ton street' and boundc
'.v of Thomas Folk and He
This tract is located in
ir | ^^ most desiraible residenco
r- and all sorts of Fruits. ? /
th also I W J
Homemade Our friends t
to oui
Candy. TENN
'Tenney's Cr<
ma um.l =~
'< - ?? ?? I lows,Zettes,
NOTSOE OF FINAL SETTLEMENT B A niro lino
I will make a final settlement in S ,
the estate of W. II. Harris, deceased, ? rOr anythl
iu Iho probate court for Newberry CanHv pfr
)Q county on Thursday, Fdbrary '20, 11 ' *'
1008, at 11 o'clock in tho forenoon, 1
and will immediately thereafter ap- 1
50 ply to the said court for letters dis- fj
>3 missory. All persons indebted to B j||| '
>o said est a to will make payment on or J| laJy ffifl
>o before said da to and all persons S ||lf| H 0 N u U v!
__ having claims against, said estate will E i %#'wi &
present them duly attested. |]
Annie R. Harris, H
r. Administratrix. B ? .
^ ^ | Herald
LAND SALE. fi
On Monday, February 3, 1008, be- ^^ilfflilWllinilii iff iiiiinM^npTlum
lutual Life. ]
ver $100,00 0,000.00 , j
business in force. \
. H
ieneral Agent. I
:t that the year 1907 was the most sue- ]
1868.
i
ows that The Pacific Mutual Life InsurIn
America. The stockholders' liability 1
,000.00 gives the Company about $64,- *
)out $5 00 to every $1.00 of liability.
ny Life Company. Just ask any policypolicies
pre most liberal, providing large .
Total and Permanent Disability Clause. 1
y and become totally and permanently
*, for ten years, to every $1,000.00 of
ay any money to the Company for pre- jjW
s (any disease) or on account of accident, M
irarice. 1
Non-parcieipatiug Policies. V
Rate. Age. Rate. f
$15-40 20 #22.80 Jj
15-7? 21 23.15 V
16-?5 22 23.55 ?
i6-45 23 23.95
16-85 24 24.33 |
17-25 25 24.80 i
17 \65 26 25.25 0
r8 10 27 25.70 4
18.60 28 26 15
19*10 29 26.65
*9-60 30 27.20 j
20I5 31 27.75 <4
2?-75 32 28.30
21-35 33 28.90
22.?? 34 29.50 c j
22-7? 35 30.15 .J
23-45 36 30.80
24-2o 37 31-50
2500 38 32.25
25-85 39 33 05
26.75 4? 33.85
27-7? 41 34-7o
2tS,75 42 35-6o t!
29-9? 43 36.55
31,10 44 37-55
32 35 45 38.60
^3 -65 46 59.70
35-?5 47 40.85
36.55 48 42.10 '9 "
38-2? 49 43.4G
39*9? 5? 44-90
41 '7? 51 46.45
43.65 52 48.05 .
45-75 53 49-75 J
47.95 54 51.60
5?-3? 55 53.60
52.85 56 55 75
55 55 57 . 58.00
58.40 58 60.40
'M,45 59 63.00
64*7? 60 65.80
nd 2 p. m., the* t oxy'i of Now berry and lias upon ^
rivately be- it. a nice now residence, a splendid
:hest bidder well of water, a barn and stables, a
Newberry, good garden with wire fence, some
of land, to young; fruit trees and other improvements.
The land is very fertile and
situated in tliero are over 900 feet of street front
State of snitfthle for building lots. Terms:
i?- ten and ^ne_nn'^ cnsh, balnce in 12 months
" tt with interest from date of sale. Pur"f
by l5E t0 for ~
nry Sligh. W- W- Wicker.
one of the T. E. Wicker.
sections of ltaw-td
\NTED!
o know that we have added
r stock a nice line of '
EY'S CANDY.
3am Cake Chocolate, Chocos.
Korn Nuts, Salted Pea- '
ate Cream Drops, Assorted
Jeanut Brittle, Marshmel- <
also IVIackintoshToffee, &c. f ?
of 5c. and 10c. Box Candy, j
ing in Stationery, Cigars, 9
CALL ON I
AT THE l
and News Office. I