V MORGAN AS A WITNESS. j
| Famous Financier Had Supreme Con- 1
^ tidence in Himself.
Ida M. Tarbell writes about "The
Hunt for a Money Trust" in the May t
American Magazine. She was present i
at many o-f the hearings of the Pujo t
$ committee when Samuel Untermeyer, i
. the government's inquisitor, examln- t
. ed some of the most famous witness- \
es. In regard to J. P. Morgan's testi- a
mony, wherein "the great man of I
Wall street" showed the wonderful i
confidence he had in himself, Miss 1
TarKoll cflVS nflrt- *]
V "This superb and primitive confi- i
dence in his power to decide each t
case as it came up, apparently on <
> instinct, certainly without formulat- (
ed reason, he showed best perhaps in i
telling how he acquired the Equitable ^
.1 Life Assurance Society. This society s
has now assets of something over f
$500,000,000, and by virtue of his i
ownership of 51 per cent of its stock
its future was in Mr. Morgan's hands. (
- - For this control he paid "somewhere t
in the neighborhood" of $3,000,000. ]
. He drew on his investment seven per ?
cent dividends or about $3,570 a ]
year, about one-ninth of one per j
cent! Why did he make such an in- j
; vestment? (
" 'I bought the Equitable from Mr.
Ryan and Mr. harriman,' Mr. Mor- c
gan told the committee, 'because I f
thought it was a desirable thing for
the situation. I have an agreement A
with Mr. James Stillman and Mr. g
George F. Baker to take half the {
interest off my hands if I wish it, but t
I hold it all till I suppose it was safe t
in Mr. Ryan's hands, but I thought it (
was greatly improved in the hand of
mvself. The purchase was not a ^
question of money. I thought it was
better with us than where it was. I
told Mr. Ryan so. He hesitated about
t it, but sold it.'
( " 'I have never had any question
about the disposition of the Equitable.
My idea has always been to have it
L } turned over to the policyholders. I
f ' do not know how it can be done.
Whatever is done must be done by
the trustees. I think the legislature
of New York can fix that. I am
living in hopes that they will.'
"Mr. Untermeyer evidently could
not believe his ears?'I do not under:
stand yet, Mr. Morgan, why you
bought this company,' he insisted.
" 'I did not buy it to make money.
I did it because I thought it was better
in my hands. I have no criticism
of anybody. I thought it was j
best to have that stock where there
was no danger of it being divided up
. into small lots. Mr. Ryan had already
sold half of it and you could
not tell. Mr. Harriman died a fewmonths
afterward and if that had
gone with his estate you could not
tell how it would be divided and
when the policyholders wanted it, it
could not have been had. I did it be*
cause I thought it w-as the thing to
do and that is the only reason I had
and the only thing that I can say.
You can not analyze my reason any c
7 f further. I can not do it myself.'
"I see no reason to doubt and never
have that Mr. Morgan in purchasing
the Equitable sincerely desired to do
his part towards helping in the important
and difficult matter of making
mutual life insurance companies t
mutual?making them truly for poli- t
cyholders and not stockholders, com- J
panies where the full surplus which t
in equity belongs to the policyholders s
will be used for their benefit and i
theirs alone. Certainly the documents t
in the case which Mr. Morgan asked c
to have printed in the Record sup- g
port this view. s
"But we are discussing whether
> Mr. Morgan, as the head of this ag- 1
gregation of interest and resources, t
had any power. He said he did not j
feel it. I doubt if in contemporary t
financial history there is a single in- s
cident, which so startles an outsider ?
with a sense 01 nis puwei as m& i
chase of the Equitable from Mr. ?
- ? Thomas Ryan." ?
m c
Stole Severed Hand. c
y K
. * New York, May 9.?One of the
most remarkable thefts ever committed
in New York is that charged to
some person who is believed to be to- t
day in possession of a hand which t
Felice Bournier, a French maid, lost 1
last night, when she fell in front of c
an elevated railway train. In a faint s
she toppled from the station platform i
? and was dragged some distance by c
> the train, which bore down upon her. f
Hundreds who looked on expected to a
learn that she was ground to death, 1
but her worst injury was the cutting t
off of her left hand. She was too
pained at first to note the loss of the c
member, but soon conscious of it. she t
shrieked. "Where is my hand? Don't 1
r lose my rings." z
Investigation proved that the sev- i
ered hand, on which she had worn i
j?- ? ?-? rrc* r\ o /J i n r>-? r* n / ! Viorl f n 11 on c
IWU I uat a. uiuuiviiu, iiuu lunvi' v
between the ties to the street. A po- t
liceinan was immediately sent in j
search of the missing member, but
there was no sign of it and he de- (
1 clared someone in the crowd below (
v had picked it up and made off with it (
and the rings. i
YEGGMEX CRACK SAFE.
Slow Open Safe in Postoffice a
Barr.
Lexington, May 8.?The store o
he late George H. Roof at Barr. fou
niles south of Lexington, was en
ered by robbers at an early hour thi
norning who blew the safe in whicl
:he United States postoffice mone
vas deposited, secured $80 in mone
ind made their departure. The rob
)er or robbers gained entrance b
neans of sawing into one of th
leavy iron rods across the window
rhe safe was torn to pieces by the ex
)losion and it is a complete wreck
he door being carried for a distanc
)f several feet. The robbers wer
content to leave with the mone?
lothing else being missed. The worl
vas evidently done by professiona
safecrackers. Near the sate wa
'ound a lot of soap. The suppositio:
s that nitroglycerine was used.
Rudolph Oswald, who lives a shor
listance from the store, just acros
;he railroad, heard an explosion a
L2:15 this morning. Mr. Oswald aros
md looked out of the window to hi
Ded room, but seeing no one an
tearing no noise of any kind agai:
retired. The robbery was not dis
covered until early this morning
vhen Miss Arrie Gregory, who is i:
;harge of the store, went to open i
:or the day.
Sheriff Miller was notified and h
vent at once to Barr, carrying a pos
>e with him. Only one track wa
.'ound leading from the railroad t
;he building. The party appeare
o be walking on tiptoe in order t
onceal his tracks. The sheriff trail
?d the man on the railroad going to
vard Columbia, and it is thought tha
;he robber reached Columbia by day
ight, as the distance is only abou
16 miles.
The people at Barr noticed fou
.Grangers lurking around the tow
)n Tuesday afternoon, and a watc'
vas put on for Tuesday night, th
;uspicions of the people having beei
troused. These four men appeared
n the Roof store, bought some to
jacco and cold drinks and left th
own. These men were of larg
ough build, dark complexioned an<
iark hair. One was peculiarly tall
t is said.
Sheriff Miller notified the polic
iepartment in Columbia to be on th
fnr the* ensnpots and it i
WfVVUV JLV/* vuv ^v.?r y ?
hought that these men will be appre
lended, unless they should hav
)oarded an outgoing train.
Miss Gregory, acting postmaster a
3arr since the death of George H
*oof some weeks ago, notified th
jostoffice department of the robber
odav, and it is expected that th
jostoffice department will also ge
>usy on the case.
This is the third time that th
3oof store has been entered durin:
he last few months, but the firs
ime that explosives have been used
lsed.
Barr is without either a police offi
er or night watchman.
THREE MEN ARRESTED.
Relieved to Know Something of Bar
Robbery.
Searching for the men who robbei
he safe in the postoffice at Barr sta
;ion Wednesday night, Sheriff Sir
r. Miller, of Lexington county, cam'
:o Columbia yesterday and in th
ifternoon arrested Tillman Driggers
3ernie McDonald and Purge Paschall
>elieving that they know somethin;
>f the affair. The three men unde
irrest live here. The investigation i
;till in progress.
Sheriff John C. McCain, of Rich
and county, as soon as he heard o
he robbery at Barr station, headed
)arty of deputies and went to Cayc
:o meet Sheriff Miller and be of wha
service he could in apprehending th
juilty parties. The police have beei
otified and are also aiding in th
search. The arrests were made b
sheriff Miller, of Lexington, Con
stable Kleckley, Deputy Miller am
>. H. Broom, of Columbia.?Colum
)ia State.
Young Woman Kills Self.
Macon, Ga., May 6.?Bessie Langs
on, a young woman, ended her lif
his morning at 1 0 o'clock by firing ;
nillet through her heart. The traged
)ccurred at Jones Brothers' grocer;
store, on Broadway, in an upstair
oom. The revolver was placed s
dose to her heart when the shot wa
ired until it set fire to her tclothine
vhich were burned off from her wais
ine up before the flames could be ex
inguished.
She is said to have been desponilen
?ver a continued illness and had spok
?n several times of killing herseli
fer mother. Gertrude Langston, opei
lies a questionable house, where th
rirl lived. The coroner's jury foum
ipon investigating the case that sir
mded her own life because of a con
inued illness. She was eighteei
'ears old.
Flossie Ragsdale, an eighteen-year
)ld orphan who swallowed bichlorid
if mercury tablets last week with sui
ndal intent, died at the hospital las
light.
TRAINING THE SOLDIERS.
t I'ncle Sam's Fighters Put Through
Strenuous Course. I
f Take the Mounted Service school,'
r which graduates about 200 men an-J
- nualiy. Its department of farriery i
s alone enables a graduate to com-!
h mand $100 a month in civil life,
y says a writer in Scribner's. For the
y methods are advanced, and no such
i? instruction is to be obtained outside
y of the army school. Whereas ordie
narily a blacksmith may learn his
. trade in two years, here he gets a
- much better training in 6ix months,
, and that with far less torture of dee
fenseless beast. For he practices on
e a wax foot and learns to make and
r, manipulate a leaden horseshoe before
k he is allowed to work on the horse.
L1 Not for him the injurious practice of
s clapping a red-hot shoe on the hoof
q and letting it burn its way to a good
fit. Yet with all his nicety of prepar^
ation and fitting, he works far more
s expeditiously than your ordinary
t blacksmith. Where the latter takes
e an hour for the job, he accomplishes
s it in twenty minutes. He also has a
(j course in veterinary science, and finds
a in the horse's infirmary jail the most
._ modern appliances.
As for riding in the Mounted SerQ
vice school, it is the last word in the
t practical education of a horseman.
The training is severe, involving
e many casualties, but it results in
finished horsemanship. These offis
cers and men of the calvary and field
0 artillery ride with marvelous daring,
d skill and grace. Xor should we quite
0 forget the equal enthusiasm of the
horses?those horses, so well set up
by their training, so different in
t bearing from the workaday civilian
horse. Who can fail to remember
t the beautiful and frolicsome mare
who, for pure joy, always took an
r extra jump between hurdles?
n We have two schools of cooks and
h bakers, turning out each year about
e 500 men. Very good cooks and baka
ers they are, equally well versed in
^ indoor and outdoor cooking. They
h get both theoretical and practical'
e education, with much scientific
t knowledge of food values. Incident^
ally the school supplies all bread.
I cakes, pies, etc., to the garrison and
mans the menu kitchens. A special
e point is the training of mess sere
geants, who order the supplies and
9 keep the accounts of the mess, arranging
each day's bill of fare with
e due regard to variety and nourishing
quality.
t ??
[. Death of Mrs. Fender,
e
y Lodge, May 9.?After suffering
e only about thirteen hours, Mrs. Ester
>t Fender, wife of B. F. Fender, of this
section, departed this life for that of
e the eternal beyond, Wednesday morng
ing, April 30th, at five o'clock, and
it was buried at Carter's Ford Baptist
[. church Thursday, May 1st, at twelve
o'clock, funeral services being conL
ducted by Revs. J. C. Lawson and W.
P. Meadows.
Mrs. Fender was 35 years of age,
and was fully conscious of many
things unto the end, fully realizing
that the end had come.
At fourteen years of age she united
d with the Carter's Ford Baptist church,
- of which she has been a faithful and
n consistent member until her death,
e Mrs. Fender was the daughter of
e Mr. and Mrs. Jasper McMillan, of
>, Ehrhardt, and was married to Mr.
1, Fender December 7th, 1892. Since
g their marriage they have lived a hapr
pv and devoted life together and had
s known no sorrow until her death. *
Mrs. Fender leaves a sorrowing
i- husband, nine children, mother, three
f sisters, two brothers, a host of relaa
tives and friends to mourn her loss,
e The bereaved have the sympathy of
t the writer and the entire community
e in this sad hour and we earnestly
a pray that God's richest blessings may
e rest upon them and guard, guide and
y direct them that they may some sweet
- day meet her face to face in that city
d where cometh no night.
Eats With Coon Teacher Loses Job.
Texarkana, Ark., May 8.?Because!
he ate a meal with a negress servant
e
in his home, D. A. Stephenson, principal
of the Central High school, on
the Texas side of this city, was today
v |
summarily discharged. Formal chargs
es were filed with the board of direc0
tors of the high school.
Mr. Stephenson was told that if he
did not appear before the board and
plead in extenuation that there is
no law or regulation against a white
teacher eating a meal with a negro.
1 he could consider himself discharged. |
, He did not appear before the board.,
His remark to other officials that i
Theodore Roosevelt had once dined
0
wirh a negro at the White House had
the effect of causing the board to dis0
charge him forthwith.
Stephenson at noon today left Tex- |
Q
arkana for his home at Hickory, Mo.
He came hero last September and
had recently been re-elected princie
pal of the school for another year.
;t A fool can shatter a wise man's
argument with an idiotic laugh.
\
jl Need Your Trade! 1
II have purchased the interest of Mr. Clarence Free ?
in the business formerly run under the name of H. ?
G. Delk & Co., and will continue the business at the *
same stand, giving you the same high-class service a
@ as heretofore. Remember we carry a full line of ?
@ 5c and 10c goods as well as run an up-to-date Meat ?
? Market where you can secure the best to be had at ?
? all times. We handle only the best of meats and ?
? our prices are as reasonable as could be expected. ?
Give us a share of your patronage and see how well ?
we will treat you. All orders delivered promptly. ?
IH. Ci. L>fcLR,?
|| Successor to H. G. Delk & Co. Bamberg, S. C. j|j
^ Highest Cash Prices Paid For Beef Cattle. @
Telephone Saved Child's Life
i
One of the children fell into a water tank on
an Alabama farm and was rescued unconscious and
apparently lifeless. The frantic mother rushed to
the telephone and called the doctor six miles away.
He told her what to do and started at once, but
before he arrived the child was out of danger.
The protection of women and children is only
one of the chief values of the telephone on the
farm.
You can have this service at small cost See
the nearest Bell Telephone Manager or send a
postal for our free booklet.
FARMERS' LINE DEPARTMENT
SOUTHERN BELL TELEPHONE
AND TELEGRAPH COMPANY OAS
S. PRYOR STREET ATLANTA, GA.
" j-JLH 3QE300K301??ICjj
We beg to announce to the
public that we have sell
cured the services of Mr. I
Robert T. Felder, of Bamberg,
as our agent and all
J packages entrusted to his ?
o o
Scare will receive special t|
attention and best of work- 11
manship. |j
[JJet-White Laundry!
Jj 229 King Street Charleston, 5. C. M
ILt, IftlfftftltAI ?J1
Profitable Side Dressing
i KsSR %. The use of side dressing is increasing
COTTON and CORN. It pays |
t0 **? ^ one uses 2ooc*s*
Two aDDlications of 200 lbs. each per
^ acre are recommended by a well-known
lj Southern investigator and experimenter. He suggests
f a 5-5-5 formula, or a mixture of equal parts of Acid
jL^l Phosphate, Kainii and Nitrate of Soda.
iWmm S de dress cotton when the plants are 10 inches high 3
an(^ again when the bloom begins to open. Where
cotton is inclined to rust, use
I ?JF KAINIT
I making two applications of 200 pounds each per acre.
I This is also effective against root lice and cut worms on corn, if
i i:~j ?-i" ~nrmrrh Tf will nav vou to try it, for Potash Pays*
iappiicu caiij ..? ,
Order Kainit now before the supply is exhausted. We sell
Kainit and Potash Salts, any quantity from one 200-lb. bag up.
GERMAN KALI WORKS
Whitney Central Bank Balding Savannah Bank & Trust Building
NEW ORLEANS, LA. SAVANNAH, GA.
LODGE MEETING.
Bamberg, Lodge, No. 38, Knights
of Pythias meets first and fourth
Monday nights at 7:30 p. m. Visiting
brethren cordially invited.
GEO. F. HAIR,
Chancellor Commander.
A. M. DENBOW,
Keeper of Records and Seal.
J. F. Carter B. D. Carter
CARTER & CARTER
Attorneys-at-Law
BAMBERG, 8. C.
Special attention given to settlement
of estates and investigation
of land titles.
I ______________
| FRANCIS F. CARROLL
, Attorney-at-Law
| Office in Hoffman Building
GENERAL PRACTICE.
BAMBERG, S. O.
I H PORTABLE AND STATIONARY
Engines
1 AND BOILERS
, Saw, Lath and Shingle Mills, Injectors,
Pumps and Fittings, Wood
Saws, Splitters, Shafts, Pulleys,
Belting, Gasoline Engines
LAROESTOCK LOMBARD
Foundry, Machine, Boiler Works,
Supply Store.
AUGUSTA, GA.
.. . Vj
GRAHAM & BLACK . !
Attorneys-at-Law
Will practice in the United States and
State Courts in any County
in the State.
BAMBERG, S. C.
FIRE INSURANCE 4
/ ;
Old Line Companies
J. F. FOLK, Agt. Iff
BAMBERG, S. C.
Delays Are Dangerous
I represent the Mutual Life Insurance
Co., of New York, one of the
strongest old line companies in existence.
Let me show yon opr many
attractive policy contracts. I also
represent the Standard Live Stock
Insurance Co., of Indianapolis. This
is a strong company. Insure your
horses and cattle.
W. MAX WALKER
EHRHARDT, S. C.
S. G. MAYFIELD. W. E. FREE.
MAYFIELD & FREE
Attorneys-at-Law
BAMBERG, S. C.
Practice in all the Courts, both
State and Federal. Corporation
practice and the winding up of estates
a specialty. Business entrustted
to us will be promptly attended i
to.
?
| RILEY & COPELAND I
Successors to W. P. Riley. *
| Fire, Life f
Accident
| INSURANCE |
Office in J. D. Copeland's Store
BAMBERG, S. C.
| ^
?10MBA8D^"P |
Improved Saw Mills.
iVARIABLE FRICTION FEED. S andekeli*bie- ^
Best material and workmanship, lighti
running, requires little power; simpleJ
leasy to handle. Are made in severa}
sizes and are good, substantial moneys
making machines down to the smallest
size. Write for catalog showing En-f
gines, Boilers and all Saw Mill supplies.
Lombard Iron Works & Supply Co.,;
AUCUSTA, CA.
CHICHESTER S PILLS
THE DIAMOND BRAND. A
Ladles! Ask your DrnuUt for A\
Chl-chea-ter s Diamond Brand>VS\
Pills in Red and Gold metallic\Vx
boxes, sealed with Blue Ribbon. V/ /
Take no other. Buy of your ?
Draccist. Ask for CIII.Cires.TER S
DIAMOND BRAND PILLS, for 25
years known as Best, Safest, Always Reliable
PIP BY DRUGGISTS EVERYWHERE
G. MOYE DICKINSON
INSURANCE AGENT
i
Will Write Anything
Fire, Tornado, Accident, Liability,
Casualty, in the
strongest and most reliable
companies.
My Motto: "Buy What I Need
and FVom Those
JLll uaiiiuv i
Who Patronize Me. "
'Phone 10-L, or at Oil Mill
BAMBERG, S. C.
Read The Herald, $1.50 year.
/ JOT
% 23
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