Historical Newspapers of South Carolina

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"CAPTinrs A BIG SWINDLE th« People Are SeeeUeA IFDU8TEY.” Method* Employed I ' ■ by Charles Schwab and J. Pterpont With Respect to the Shlpbnlldlnft Trust. . There wm somethin# of a sensation in Wall street when Daniel L. Dresse president of the Trust Company of the Republic, re reeled under oath the ■Mtbods employed by Charles M. Schwab and 3. Plerpont Morgan with the shipbulldin# trust. The ^noSapapers of the country have paid groat attention to Dresfier’s testimony and some people pretend to be surpris ed because of the revelations. Mr. Dresser test!tied at a hearing before a special United States examiner, Henry D. Oliphant, that the Unit mortgage bondholders had obtained the appointment of.a temporary re ceiver for the shipbuilding company and Dresser’s testimony was introduc ed for the purpose of showing that the company was fraudulently impos ed upon and rendered insolvent through the machinations of certain men. Dresser’s revelations are recited in an interesting story written by gfcmttel O. Blythe, the special corres pondent for the New York World. Mr. Blythe says that Dresser’s testi mony threw considerable light on “the great game of (). P. M.—other people’s money.” He points out that a ro i \ f r\r ‘the era of prosperity that began in the fall of 189ti and rose to high tide -three years later was fostered -by a ^gigantic bull market in the securities Bated on the stock exchange and sold elsewhere. The country went money mad. Millions we poured Into Wall street and millions were made. Neatly every stock went up. It was as easy to make money as it was to breathe. All that was necessary was to buy and take a profit. Walters, cabmen, otnce boys, laborers, clerks, merchants— Mr. Blytbe explains: “The transac tion was closed at jU»o«pe of,. Mr, Morgan .August 11,1902. A young man juamed Wren came fnand banded Mr. Dresser and Mr. Nixon a check for 17,246,971. Wren la Schwab’s secretary. The check was made to to the joioiorder of Dresser and Nix on. They indorsed it and banded the check to Morgan & C<». Then the/ handed the stock to the lawyer of the shipbuilding company, and the lawyer gave presssr. and Nixon orders on the shipbuilding company for the 120 000,060 worth of stock which go to Schwab and Morgan—$ Schwab and 15,000,000^to Mor- gan^ That closed the deal, so far as Dresser and Nixon were concerned. It did not r closeytne high finance. Morgan and Schwab bad to get tbeir proflta.’’ _ v \ . Drawer testified that^when the negotiations were on, Mr. Schwab told hhn it would be necessary to market the $20,000,000 block Of stock .owned by Schwab and. Morgan before any of the $10,000,000 remaining stock was to be sold. This was to reimburse Schwab and Morgan for their labors. It was agreed that the stock should be put on the market at $65~a share for the preferred and $25 a share fpf the common. If, as Morgan and Schwab expected, thelrstock had been sold at these figures, Morgan would have received $2,250,000 for his $5,- 000,000 worth and Schwab would have received $0 750,000 for his $15,000,000 worth. This was to be the cash bonus for selling the Bethlehem company to the shipbuilding company,_ Then, if the public appetite was unsatisfied the holders of the $10,000,000 remaining out of the $30,000,000 worth of stock might sell theirs. » • To clinch this arrangement, an agreement was signed between the stock brokers, Harris SL Gates, Charles M. Schwab and Dresser and Nixon which stipulated expressly that the $5,000,000 worth of stock owned by Morgan and the $15,000,000 worth owned by Schwab was to be gold first at the price agreed upon—$65 a share for the preferred and $25 a share for common. Not a share of the tjther stock was to be marketed until Morg&il and Schwab bad cleaned out their holdings to the public. This was rather rough on the everybody dipped Into the golden Dresser and Nixon I r Eg - 1 - 8^- m i*A. x stream flowing from the church to the river on Wall street and brought out handfuls of profit. It was also the era of combination. Industries were consolidated. Trusts were made of all sorts of factories and all sorts of coon modifies. Clerks in the state offices In New Jersey, where most of the combinations were incorporated, grew weary of inscribing giant rows of figures on-the records. The prevailing Idea was to capitalize everything at any exorbitant number of, millions that fancy might dictate and sell the •took totbe people.” During these days of Frantic ex ploitation, the shipbuilding trust was planned. Mr. Blythe says that the idea was to combine the leading sbIp yards of the country and control ship- ^1',,^ building business. Daniel L. Dresser,-f the president of the Trust Company of the Republic, was one of the mov ing spirits. Adoording to Mr. Blythe, “the true exemplification of the high flnanoe began when Charles M. Schwah/bought the Bethlehem Steel company, of Bethlehem, Pa., a con cern that made much of the govern ment’s armor plate. This steel com pany was under option a year and a half-ago to Kuhn, LOeb Sl Co. and the Morton Trust company, of New York. The plan was to sell it to the V inkers’ Sons St Maxim company, of England. There was an option which carried an agreement to sell the stock to the Americans for $22.50 a share, they to utrioad at a profit on the Englishmen, of course. It was thought on both sides that the deal would go through. Still, the owners of the Bethlehem company are business men, and they, oast about for a better price. A let ter, entirely non-committal, but in forming him that the company might sell, was sent to Mr. Schwab, presl dent of the steel trust and competitor to the Bethlehem company. Schwab saw a charoe to turn an honesi penny. He promptly bid $24 a share fur the Bethlehem company’s stock, and his offer was accepted. There were 299,910 shares of Bethlehem Stock. Mr. Schwab’s Increase of $1.50 a share made a tidy Buffi,"’and the directors of the Bethlehem company were well pleased. The Kuhn-Loeb-^ Morton Trust company syndicate protested vigorously, but were told it was ‘business,’ and finally decided to let the matter drop. Things were not going well with the shipbuilding trust. Mn. Schwab, having turned promoter, had decided to sell his Bethlehem com- y to the sbipbutldlng promoters, soon discoveied that the time was ’"not propitious. This left him in the position of owing a great steel com pany that was a competitor to the steel combination of which he was president. It also left him with a large sum of money to pay , for the stock he bad acquired.” At this stage of the proceedings, Schwab called upon Morgan. Mr. Blytbe says that Schwab explained that be was owner of the Bethlehem company and president of the steel trust. Why not let' the steel trust take over the B&hlehem company, he asked Mr. Morgan, who was manager of the syndicate of underwriters that guaranteed the billion dollar steel trust bonds. The Bethlehem pro perty was added to the list of the billion dollar steel company. No pub lie mention made of the fact. The public did not know that the steel trust owned the Bethlehem com pany, but, as Mr. Blythe says, “pre sently efforts to organize and finance the. shipbuilding trust were renewed. Forays were made to England and Fraoot lb secure capital. Prospects brightened. Then Mr. Schwab step ped out again as proffioter. He took the Bethlehem Steel company out to •ell, just as a book agent takes a book out to sell, and be did as the book agent does and went to the people he thought wanted to buy.” After considerable negotiation, the Bethlehem company was sold. Messrs, ixoo and Dresser stipulated that to base 290,810 shares of for approxl read Eiay tea signed. The agreement was before they got there. It Is da August 11, 1902, which Is the day when the deal was closetl and the stock transferred to Morgan and Schwab. Those gentlemen bad tbeir plans laid and they were ready to do business at once. They took no WAR 01 THJf UTEXTO. Panama Bombarded ail Rales of W« The revolution week and which olamation ofjtiie Indej isthmus o> Panama occurred last ted In the pro- dependence of the was not uoexpect- of Sunday before last all kinds mors had been In circulation, but was not until Tuesday night that tbe hours so long looked forward to by the Inhabitants of Panama arri ved. For two days previously groups of peo ple had beep gathering about tbe town discussing the situation, which caused alarm upon tbe {Art of the authorities, for tbe bouses of Dr. Manuel Amador, Jose Arango and Fregerlco Boyd and other leaders of tbe popular movement were watebed by the police, but the revolutionists fearlessly went in and out of tbeir residences, issued their orders and their plans were carried out. The r^volutionlstp decided npon 5 p. m. as tbe. hour to proclaim the independence of tbe Isthums but r change occurred In their plans and, word was sent to Santa Ana, where over 2,000 men bad congregated, for the revolutionists to disperse until 7 p. m., but they were already marching towards tbe Plaza Ghlriqul, cheering enthusiastically for the Independence of the Isthmus. Thereupon signal was given-to Gen. Huertas of the revolutionary forces who, in tbe name of the republic of Panama, affei Gen. Tovar and big staff and eacorted them to police headquarters amidst wild cheering for tbe new republic, for Dr. Amador and for the other leaders of tbe revolution. The flag of tbe republic of Panama was then formally hoisted. The cause of the revolution may be briefly summed up as being tbe result of the action of the congress of Co lumbia at Bogota In rejecting the Hay-Herraq canal treaty.. The Panamians are almost to a man In favor of the construction of the canal by the Uhlted States and* It repeatedly been prophesied before and after tbe meeting of congress that Panama would secede If the treaty was rejected and would probably pome to terms with the United States for the building of the great istiiralan gateway. Panama was bombarded without notice. for which punishment is to be Inflict ed. Miller bad finished the mechan ism, and after vainly attempting to secure a friend to try It bad himself strapped-down on a beard while a number of friends operated tb$ works. The paddling was started at 2, slight, and gradually turned on until age 10, serious was reached. ^ Miller was by this time roaring for mercy and promising to be good while the onlookers were rolling on the floor, doubled up in laughter,, not knowing that Miller, tbe inventor*, bad been terribly punished. Miller’s strength was rapidly faillng°'When bis friends noted bis condition, but not being familiar with the machine were iub! unable to make it stop. Miller bad ba( j lost consciousness when someone re leased tbe buckles of tbe straps which held him dbwn and rescued him. Mil ler’s first act on regaining his senses was to destroy the “mother’s help." chances, but demanded that the $10,- 000,000, worth of stuck, remaining should be.held In trust until the Mor gan and Schwab stock was sold. The scheme was beautlfuf in its simplicity. Morgan and Sdhwab wanted tbeir money, wanted It first, and they left no loopholes, It was an arrangement within an agreement. There were two kinds of insiders, real dnd theore tical. Morgan and Schwab were the Tbe theoretical ones were obliged to watt until the public bad been milked of tbe millions demanded by Morgan and Schwab. Then tbe public was to be milked again with tbe remaining~T10,000,000 of stock. Anything left after that tbe public could have. In the witness chair, Mr. Dresser did not explain why Morgan St Go., demanded the enormuus bonus of $5, 000,000 worth of stock. Dresser said the c()£ck which he paid the Morgan company was glven v him by Mr. Schwab. Mr. Blytbe says that the men who are familiar with Wall street affairs say that Mr. Schwab got the cneck from Morgan and thftt, tf4t is true, ex plains much, ft also “ shows that Mr, Morgan, if tbe conclusion Is correct, demanded $2,500,000 for tbe short-time loan of $7,240,871; that he gave the check and took it back at once, for Dresser and Nixon Indorsed it to him immediately after they had received it, and that Mr. Morgan’s firm simply bought its own property wjth its own money—put the check from (tne pocket to the other—and ex pected to get $2,250,1)00 for the ac commodation. Mr. Schwa|b has never told where he got the $7,240,871. Mr. lilythe concludes his interest ing comment unon the Dresser testi- mony in this way: “Tills is tbe story of high finance and the-shipbuilding trust. TW9 years orihpEje-jrsars ago It wfMild have eodedThappily fust here, for the public would have bought the suck and Schwab and Morgan would have made their money. It does not end happily for Morgan and Schwab. The public refused to pay. They would not touch the shipbuilding t rust stock. ^ 11 arris & Gates could not sell It. It was of no value. The specifications provided that the In vesting , public sbou d clam >r for the stock. They had clamored for stock just as worthless in days gone by. Greatly to tbe astonishment of all concerned, there was no clamor. Various expedients were tried to start a boom. The boom wouldn’t start. Finally, Mr. Schwab gave J. T*. Mor gan & Go. , $75,000 for their $5,000,^ 000 worth of stock, for which the pub lic was expected and asked to pay thirty times as much, may have that stock now, together with his own $16,000,000 worth. The shipbuilding trust is in a legal tangle. Nothing but hlg(a finance has suffered, except the shipbuilding trust stock, which cannot be given away. High finance has suffered and suffered great ly. The public comprehension has been illuminated by Dresser’s story of how a pool was formed within a pool, how it is possible to be buyer and seller at tbe same time, bow there are agreements back of agreements, bow there are cellars and sub’cellars under the ground floor, and how deliberate campaigns are made to fleece the un wary. There are many denials and talk of prosecuting Mr. Dresser. Meantime Dresser’s reply has sunk deep Into the public mind and the con clusion is rapidly forming that there are but two sides to the promotion of high finance. The high financiers take no chanoes and the public has no chanoe.” A Bloodthirsty Vllllsn. A man rode up to the Ames house, nine miles south of Stroud,. Okla., Wednesday night and shot and killed Mrs. Ames, Jackson, the hired man, and wounded Miss Ames, 19 years old, shoot! og 1 „ 1 ; i • 87^200,000 la 1 he Mr. Dres- tbat that aakL killed Railroad Wreck. The local pamangertrain. No. 23. Charlotte to Chester, S. C., on the Southern Wednesday ffiocqjng ran in to a work train near Chester. A color ed fireman 00 the passenger train was a daughter by shoot!og her in the shoulder. - Tbe assailant first-forced Miss Ames and Jaekaon into the cel lar at the point of a pistol. They heard a shot and ran to the head of the stairs and found that Mrs. Ames had been killed. Jack-on was next killed. The young woman fell with a bullet In her shoulder, but when her assailant went to the cellar and shot Jackson again, she regained conscious ness and ran to the neighbors. She says the stranger was a young man There is no known motive. Sevi officers are in pursuit of him Got Six Thousand. - Attorney D. F. Morrow of Yorkvllle has returned from Washington, where he went to endeavor to bring a com promise in tbe case against the South ern Railway company in tbe suit his son was to have brought for a broken leg and other Injuries be received in the Fishing Creek, wreck, YorkvilleV some weeks ago. After some days de bating with Southern Railway attor neys and officials in Washington, At torney Morrow succeeded in securing, •^compromise of $6,000 together with other considerations for his son, Mar vin Morrow, who is cashier of the Bank of BlacMbuV " t Thq Earth Trembles.. . A dispatch from Memphis, Tenn., savs two distinct earthquake shocks were felt there Friday. There was no damage In Memphis or vicinity, but occupants of office buildings made hasty exits. Many buildings swayed and In tbe Business Men’s club the chandeliers were broken. In the largest office buildings tbe shocks were especially noticeable and caused in jaitmiiw t.Kxx n u n t a rim uv. 1 tiauiutj cstxitru|( vtiv vciiaiito. Reports from surrounding towns tell of tbe shocks, but no sertous'damage was caused. The vibrations were felt far south as Fenada, Miss. The shock was also felt In St. Louis, Mo. A'titraime Notion. A dispatch says the colored popula tion of west Atlanta is very much ex cited over the-belief that the sun will be blotted out at 1 o’clock on Thanks giving day, November 26, never to be seen again from this earth. Services are being held in various churches daily and converts are growing at a marvellous rate. 1 No one can tell where the prophecy came Trom, but tbe negroes believe it firmly and can not be shaken in the belief that their doom -is pending. . The Confederate Nsrv* In his annual report to tbe secre- navy, Charles W. Stewart, superintendent of library and naval war records, recommends, when con gress shall decide to Increase tbe num ber of volnmes issued, that sets be supplied for tbe Confederate officers and Union volunteer officera. In tbe new volumes be says the operations of \j$6 Confederate navy are completely presented for tbe first time In history. The Bank Robber Dead. The unknown man shot in York county Monday while resisting arrest on the charge of safe cracking at Forest City, N. C., died Wednesday night. Before bis death he stated bis name was F. H. Calvert and gave a Baltimore address for the shipment of his body. It is said $250 in bills were found sewed mp in his clothes and A Kentaeky Keud. Two men are dead aa tbe result of Middle Fork, six miles west of Jack- son Ky. Jacob Spencer called Curtis Gross out of bis bouse sod shot him dead without a word. SWtauel Gran, tbe 18-ysar-oid son of Curtis Gran sprang out and stabbed Spencer to death, the knife puncturing the heart. Aa old grudge was tbe cause. Almost KUte lts Inventor While He Is Maktnjt s Tost. ' . ... f. .- vJ* • 'iv-'-S. “*—• Harvey Miller, A farm band, work ing for J. E. Reynolds, s prosperous farmer at Cedar Point, Minn., spanned almost to.death by a machine of bis own contrivance. MMer, who ia an Inventor, discovered s "mother help” machine. It consists 11 s serif s of phonographs to be set in each room of tbe bouse. On pressing a button any one of the phonographs desired wilt all out: “Stop that, Robert, and be e good boy.” Or will yell out: “If you aren’t a good boy mamma will whip you.” - The device Is worked by electricity and is supposed to relieve tbe mother of much running to and fro after her offspring, and to make the; latter behave. Miller has also a graduated spank ing attachment. The person to be spanked Is strapped flat down ou a board, while a strong hardwood pad dle operated by an electric motor does the work. Two dials control the mechanism. ' On the dial are printed ages from 2 to 16, so that tbe force of the blows can be regulated according to tbe age. On tbe other are tbe words, “light, fair, good, hard, serl ous,” to correspond with tbe offence DISPENSARY PROFITS. Business for the Ijosc Quarter Re- \ viewed by Com ml The report of the joint Ittee. t cor February A. D. 1900: Provided nothing in this section shall prevent tbe importation for sale of any part ridge or quail.” Violation of this sec tion is punishable by^a fine or not more than $20 or not more than 30 days’ imprisonment. ^ 7 / Until January 1, 1905, it is against tbe law to kill any Mongolian pheas ants. The penalty is a fine between $5 and $25 or imprisonment not more than 30 days. The goveromont piint- Ibg office in Washington has lately Issued farmers bulletin No. 180, en titled “Game Laws for 1903” and In this much valuable information con cerning the game laws of all the States may be found. The pamphlet will be sent post free to anyone on application. N . appointed by the legislature mmlttee to exam ine the^ books and financial condition of the-State dispensary was mafie pub lie Tuesday. A profit of $117,67^ was reported for the quarter ending August 31. Of this sum $97,547.75 Comes from the county dispensaries and is equally divided between tbe towns and counties. Following is the official statement as to the assets and liabilities of tbe State dispensary: ■ - ^ t ■ ■ Why Charleston Isjn Bad Order with 7 Balance of the Htate. A dispatch from Charleston to tbe Columbia State says in tbe court of general sessions Wednesday true bills ..werq. found against Dispensary Con- -tables J. F. Grady, M. D. Gileon, William Hoy and J. A.fMay for assult and battery upon Rudolph Wleters -who—oonducts a place. otr~ Calhoun ASSETS. Cash in State treasury Aug. 31, 1903 .......$ 15,234 47 Teams and wagons .. " 64 00 Supplies (inventory Aug. 31, 1903)' 57,578 20 aebinery and office fix tures... 6,295 06 traband (Inventor/ Aug 31, 1903).v.. ..."... 52 860 00 Real estate.. 77 . ..... . 52 860 56 Merchandise in bands of dispensers Aug. 31 Merchandise (inventory iu State dispensary Aug. 31, 19J3) | Suspended accounts....... Personal accounts 1 due 357,895 73 385 760 88 2,872 55 State for .alcohol, emp y barrels, etc ^ «... 19,322 50 Total assets. -^$898^443 95 - LIABILITIES. School fund.. .... ."... ..$588,091 42 Personal accounts due by State for supplies of whiskies, wines, beer, al- * cobol, etc. 310,352 53 Total liabilities. ..$898,443 95 With Gl. A dispatch from Pitcher. Palatka, Fla., to the Atlanta Journal says J S. Swack- ard, a negro tailor, died Tuesday ffiornlng under very peculiar circum stances. He and his wife had some trouble about ten days previous which resulted in a tight, according to evi dence given at coroner’s inquest,^and as Swackard was getting tbe best of tbe woman, she got hold of a small glass pitcher with which she struck him on. tbe forehead, inflicting a slight wound. Swackard attended to his business as usual until last Friday when be was compelled to take to bis bed on ac count of It. Lockjaw soon after de veloped, a physician was called, but too late to afford any relief. Tbe jury rendered a verdict of justifiable homicide. ...,—^-7— —-..v.— „ Nrw Methods of Self Defbose. A special dispatch from Anderson to Tbe State says the negroes had a hot supper Wednesday night on Stonewall Watson’s place, four miles above the city, and of course a shoot- ing scrape took place. One negro, whose name could not be learned, was promoting the festivities with s pistol. He fired two sbots which went wild, but the third bullet plowed Its way through Jim Dennia’ cheek, and Aiken• then went on and struck Henry bullet between bis teeth and spat it out on the ground. Neither hi tbe negroes is badly hurt, but the bullet was battered out of all semblance of its orginsl shape. No Place Like Home. On board tbe steamer Majestic, which arrived at New York on Thurs day from, Liverpool, were 12 negroes e States, who went to Liberia, cotton from tbe! West Africa, to experiment in some of tbe money was, Idsntlfled as onlturw with tbe Tiew to future colo- having heed taken from the Forest ci«y saffiy ^ nization from this country. ‘They say the experiment was a failure and they embarked of the Majestic in a penni less condition A Godd We*. The Augusta Chronicle says Judge sell, aged 88 y< Pope Barrow fined a Savannah gamb ler 91,000, and in addition sent him to jail for three months. It Is the easiest natter in the wbHd to pat down gam- ling In any city when judges are real ly in earnest, like this one. . Hunters Can Now Lawfully indulge in Tbeir Favorite Spore. 'The sportsmen are now free to take to tbe woods after partridges for tbe •eison opened Sunday, November 1. From now until April 1 next tbe sport loving gunners will take the place take the of the pot bunters. The idea pre vails among some people that the close season ends on Augnst 1, but this is not the case for partridges. Tbe deer season opens on August 1. Section 652 of the criminal code pre scribes that: * •' ' “It shall not be lawful for any per son in the. State, between the first day of April and tbe first day of Nov? ember, in any year hereafter (1895) to catch, kill or injure, of to pursue with such intent, or tasell or expose for sale, any wild turkey, partridge, quail, woodcock or pheasant, or be tween tbe first day of Marco and tbe tiret day of November any dove; or at any other time during tbe ye^r to catch, kill or injure, or to pursue with such intent, by fire-light any of tbe birds named in the section; nor shall any ptrsowor persons dest roy-or rob tbe nests of any of said birds. And any person doing so shall be deemed guilty of a misdemeanor, and upon conviction thereof, shall be fined not more than $20 or be imprisoned not more than 30 days.” „ / Section 552 states that it is a viola tion of tbe law to trap partridges on land where consent is not given, and further “It!'Is unlawful for any person to sell, offer for sale, or ship or export for sale, any patridge or quail .for tbe space of five years from the 9th day of , That A STRIKING CONTRAST. street. The constables raided nls place and Wleters was roughly bandied in the course of the starch and confisca tion. Tb6 constables claim that they were assuited and only defended them selves. It is expected that Attorney Gunter will appear for tbe constables. Tne time for tbe trial hat* not been fixed. The action of the grand jury to indicting the constables is in con trast to their action Tuesday in throwing out the bills against two negroes who were up for having in jured ConstableXylces, when the lat ter attempted to hold up their horse, drawing, a wagon with contraband liquor. The constable was knocked down by tbe wagon and laid up for some time. Such acts as this puts Charleston out of harmony wjth the balance of the State, and all tbe Com mercial Club parades she can get up will her no good in tbe face of ac tion by her grand juries. An Ugly Alfstr. i —A fatal election row occurred in an election booth at Fairveiw, In Scott county, Virginia,- Tuesday. Two men were killed, one other fatally Injured, and one seriously. The dead: John Osborne, Ezekiel Nickels. Wounded: —JUH- Catron abut through the neck: will die. Alexander Keys, shot in the right hip. The trouble arose over ob- jeotions being made to C. P. Roller serving as a Republican judge. R Her, It Is claimed, bod been selected by Democratic election comm (signers for services. Osborne and Nickels, tbe two dead men, were Democratic judges and were brought, into the quarrel on account of tbeir bffleial con nection with the election. It is be lieved that Caton fired the shot tbat killed Osborne and. Nickels. Tbe two men • who were killed shot Catron and Keys. * •* Mob Law. 4 Henry Johnson a negro,'was taken from jail at Lake Village, Fla., at noon Tuesday by a mob and hanged In tbe centre of th6 town. Tbe act followed a fight between tbe whites and blacks early in tbe day in which Frank An derson was killed and B. Vinson, a lawyer from Little Rock, and sevf^l others were wounded. During the row. It if clalJite& Ed. JQpiepan, a it la negro, be^an shooting wbicn began a fusilade. When it was over tbe dead and wotraded were counted. Coleman fled with a posse in pursuit. Jobnsoo was locked up. ^Excitement ran high and a mass meeting of citizens held, at which observation of law In the mouth. -Aiken caught the urged by a large number^ The more excitable rushed to tbe jail, battered down tbe doors, secured Johnson and an<T hanged him. A Fair Notice. Tbe New York Sun’s leading com ment ou tbe electionjs characteristic. It Is simply this:" “Mr. George Brin- ton McClellan,has been elected mayor of New York. We pledge to Mr. Mc Clellan our earnest and hearty support of every act of bis administration of which we shall approve; and in respect to such aotA fS we may elect to con demn—may the Lord have mercy on Mr. McClellan’s soul!" Haaged Himself. At Jamestown Tenn., Edward Rus- ■■n, was found dead in a closet In tbs home of Jomes Cusack, bit son-in-law. He banged himself la a okml hook, asmall strand of opttoo rope being about bis nick. Russet bed been In feeble beeitb and was hHad r Geo A Wagener, Pres. Geo Y Coleman, Vice Pres. LG Ball, Sec’y A Treas Coleman-Wagener Hardware Company, r Successor to C. - 363 KING STREET, - - ■ P. Poppenbeim. \ - J ^ -CHARLESTON, s 0 \ The anawer to the liwt week's questWilg too gimple. It is human nstu-e to buy g3b4s. from the cheapest house. All the retail dealer has to do is to compare our rates and where they can buy the chesperst. For the last fime^re hrinq to your view the rates. New York, N. Y., classification per 100 pounds, per carl >ad, nails, 12c per 100 pounds. ' • Classifications From New York, N, Y. per 100 lbs. to 1 2 3 4 5 0 Charleston, S G . /r 60 40 34 28 23 17 — Per carload Nails. 12c per 100 lbs. The Uuignrad Brick Works, COLUMBIA, 8. 0. Building and Re-Pressed Brick. Special shapes to order. Fire Proof Te r ra Cotta Flue Linings. Prepared to fill order* for thousand or for million YOUNG MEN, YOUNG WOMEN, WAKE UP Prepare yourselves to meet the demand Tor Stenographers, typewriters and bookkeepers. Write for catalogue of MACFEAT’S BUSINESS COLLEGE, Columbia, S. C. W. H. Macfeal, official Court Stenographer, President. Ilmicltaome Brooches Lant wecdBTe intended to tell you about our Brooches but our space, was already full We have a beautiful Hu* of the latest styles and the prices are very close for flue goods. Fine Rolled gold plate, the kind that lasts^pid looks well for a ions time, at SO cents, 75 cents; 90 cents, $1.00, $1.50, $2.00, also in sterling stiver at same prices, tit soli'll gold at $2.00, $2.25, $2.50. A steady range of prices up to handsome Pearl Brooches from $0.50 to $50.00. We also have a beautiful line of sterling silver Belt Pina, (attest style $1.25 to $450. Write us often. Your postmaster likes to send off plenty of letters, DA more he.aends the more pey he gets. P. H. LACHlCOTTh & CO., Jewelers, 1424 Main St . COItUMBIA, 8 O Founded in 1860. , < ~~ G raduatea4,45 • MEDICAL STUDENTS. Write for Free Catalogue of the MEDICAL DEPARTMENT UNIVERSITY OF NASHVILLE. . Curriculum included twenty-three lecture- courses, each followed by % ’ * ‘ ‘ * hours of clinical thorough review quiz; seven laboratory courses, and three work daily, appliances. New building elaborately eqipped with modern Tuition $95.00. tratus and i appara Address, J. Dillard Jacobs, M.D., Sec., 641 South Market St., Nashville, Tenn. 1, abita. Whiskey I Morphine t Olga „ Habit, | Habit | Habit Cured by ICeele^r Institute, of C. 1329 Lady St. (or P. O. Box 75)'Columbia, S. C. Confidential correspond ence solicit rime Oemetit, JL'liAsuer, Terra Cotta Pipe, Roofing Paper, Car lots, small lots, write, Carolina, Portland Cement Co., Charleston, b. C. Waa She Murdered. A passenger train on the Spartan- burg apd Asheville road ran over a wbman at Reuoa Vlsta^ ten miles from Asheville, "St 6 o’clock Thursday afternoon. 1 be head was severed and tbe body mangled. The body was found to be cold when picked up by tbe trainmen and It is believed that the woman had been murdered and placed on the track. The victim h believed to be Mrs. Murry of Beuffii Vista. Wanted u> Kill Them. In New York last week suspected of having shot a white man, two’negroes were set upon by a mob of 500 men and beaten sb badly that they ware taken.to thehospital. The arrival qj the police prevented them being killed. Their victim was not danger ously wounded. Into an Open Hwltch. A fast through freight train on the Georgia railroad ran into an open switch about eight miles from Augus ta, Ga., Tuesday morning, derailing tbe engine and six cars and killing the fireman and a negro train band and seriously injuring. the engineer > ihd two train bands. It is believed the switch was thrown open to wreck tbe train. ■ Wilson s Freckle Cara. Guaranteed ’to'rem o v e Free kies, Sun Burns, Tans I Moth and Pimples also as a toilet cream Money r e- turned if it 5oc. TtSnz size 25c. 6c postage. 1 Mallet! Mullet! Mallet! If not sold by your druggist, ’ L B. WILSON a c6, write and all, kinds of Fresh and Salt Water fish and oysters. If you are dealing in end GharleaumTs. GL ays Fresh Fish or intend to deal in them write for prices apd send your ordrs to TERRY FISH CO., Charleston, S. C. or COLUMBIA FISH St ICE OO Columbia S. C. We ship only Tresh caught fish and our prices are as low as they can l?e sold at. - Write ~us» Try us, and be convinced I ODD botanic :: DiDiDi BLOOD BALM : An Old Field Weed. — Many seeing that old field weed, the mullein stalk, never consider the good it is accomplish ing in curing lung troubles. It presents in Tavlor’s Cherokee Remedy of Sweet Gum and mullein the finest khown remedy for coughs, colds and consumption. At drug stores 25c per bottle. The Great Tested , and permanent cure of Scroft turn. Catarrh, Ulcere, Ectema, Sore*. Erup tion*. Weakness, Nervotisaese, aas aU BLOOD UO SIM DISEASES. It is by far the beet bmlding ap Tonic and . Blood Purifier ever offered to tbo world. It ■abet new rich blood, imparu renewed vt- tality, and poises*** afiiost ■iracolwM properties. WrtW *sr Seek sl Wsa- , derfnl Ceioa, sent tree ss ipsS—is. " If not kept by your local drugeiet, sand $1 oo for a large bottle, or $5 oo for Js bottles, and medicine will be seat, freight paid, bp SLOOD BALM OO., Sag m. who are In need of ths boat medical treat ment should not fail to consult. Dr. Hatha way at once, aa he la recogntied as ths leading and mostsuc- ceasfai specialist. Yon art safe In ilacinir your case la _ils hands, a* he Is tits longest established and has ths bsst tep- ataUon. Hs cure* whs re others fall; there la no patchwork or oxpsrtmentlng in treatment Per- I attention bp Dr Hofr would yon like to have a useful sent you some three or four tinea a ysarrSMti without any expenae to you, whatsoever? If you are a Carpenter, Painter, or Plasterer, send qs your name. We will enter you on ou r list and every few months send you a present that you will keep. — \ SHUD BUILDERS SUPPLI CO, *», kAteawat. Hathaway, also spe cial counsel from his assoelato physicians when necessary, which no other oflhm has. If poa eaa not call, writs for free booklets and question blanks; BfeotlOn pour trouble. *v- erpthiag strictly confidential l. Newton Hathaway. HtD. 615 Plain St Colombia, 8 O' CHARLES C. LESLIE, Wholesale Dealers in—* and Oynrte 8 ft 20 Market St.. Charleston Consignments of Country are Respectfully Solicited, .'-v 88 Inman'Building, 22} 8. Broad St. AUsntft, Gl. i» country tn. si •e&.