The Marlboro democrat. (Bennettsville, S.C.) 1882-1908, December 25, 1903, Image 1
: '?DO THOU LIBERTY GREAT. INSPIRE OUR SOULS AND MAfcl^HJR LIVES IN 'PHY POSSESSION HAPPY, OR OUR DEATHS GLORIOUS IN THY CAUSE." .]??_' . ? :'.
VOL. XXVII. BENNETTSVILLE, S. C., FMpAY, FEBRUARY 13, 1903. NO. 14.
8??tbi^waia? ?ad'' Gorman Fp?ak for
l enoir "Country'a Ht nor.
^'c?fi . ' 'SECOND ' NAPOLEON- " /
Q l^s?ttjiit'.ttnil Mrv ?oou?fo..O?*tl
. cised by*?tri. Uoriuun"Without j* .f
K , Itesforvo.-Tho Stopy 'of -
ington on "Thursday'; ?vas,.--tho? scene of
wJk*RP^
miaftj^aj^^^
'?':y. president'srecbgnltioiT?f the indepeu
%-:;..;v4ettCjB*pf.tbe/-j:op?bHo of panama.. The
^^./.?ls?i^bri'li?g^M with"* speech by Mr.
r.v/rrHo?f. ?n inquiry and
l>; - Ins ted several botu^^-TCri addition to
.; Mr. Hoar's address'there were speeches
.O- ; by Mr. Gorman arid . Mr; F^niker.'.. All
^ i three were ^notable-. ujEt-e??inoes abd of
historical'interest. ; - . . -
>?..yjir.. Hoar1...TOniin?'d^hfe'V'r?marks to
:*hl8 resolution ?hd they Were carefully
: . written out and read from.manuscript
: fit? held that this couittry bas'not yet
ff; v'r?c?ived' full. official ' information ' con>.
?-'fv^cern?ig, tbel'isthmian; revolution and
?P ' criticised in sharp terms the conduct
QL- (o?'thls country, as shown by'v.*what;has
' ?be?ii gi von ou t. "''."'
There was no reservation "in'^tr.
Sa ^Gorman's utterances. HB_practically
Salle'gedrthat?the situnUon- ih Panama
' had,been created to make a campaign
Pi :issud; iandsaid that .?vinless further
light was thrown on th^OvSubject ho
;'.. \?;^wbuld oppose' thei Panama; Cfe^yr.'A.
? Mr. Foraker tobk Mr.^Hoar to'-task
' - 1^ior bis remarks- refteetlntsibh the ' ad
^^mlntstnttiori. ..'?"'He defended - the ad-,
^^^?ifetratibnJfor''jts attitude- toward I
,v v^^thb. panama revolt. AV heated collo
?qUy.'tookv placo* between*'Mr.- Foraker
# wl-Mr.? Hoar during an Qffor-b of'-vbhe.
K^r'^??feachuBottf? senator to expj?t?mbre
roJl^j^bsitiohvinithe .mr^t?r^rj ..'. *
j'n~ isthmian can iii, -ijut>iwas anxious
m?& oiit'/tbinV?r suspicion, bf Su>?j??al*-d?sV
?'^hdnbr%.' >?What.w'C?xj^iifcWi^*
r' '.\hp,.- s|?u\3??s . 4ld:'* ?ii8?goyojcnmQiiti^
,.-' - ^?wi?g. that a revolution ?ws^nBo't?tf'
. ot? tate*' place, ?so. arrange' matl>e'r&'t^ib'fi
jtheiyycyoTvtion," .whether, pcli^e&bl?.' br
- : ?;^th?r,wise,} should bp /permitted; to go
on without, interruption,- and^.w?ieliher.
or notji??Won?f'a?t^
ures ti.prevent Colombia from stopV
ping ib?\ ;
?.^?Mif^ Hoir quoted, the correspondence
n'r^n'tiie revolution {ind asked,"
bad. b?c'ir'- .-It was
"^'-'^ ' ^respond
all tho
' the
he-'
v arnave .nT"rigii"tr\xr.?^?lv7^
"nis mighty ' policeman on j
.imus, seeing a 'man-, about .'.to
S&fi ,? another,- is.justified before the
Jt is struck in manacling the-as*
ailed party, and whether after the
- . ..assault has been made, t/ie policeman
is justified in claiming the pocket
book, which has been, taken from the
victim by the assailant, should be
V4 turned oyer to^hlm/the policeman) on
tl^^ujnd t^iat jip was tho /ightful
?i ./'?\Mr.: Gorman took tho Hoer as soon
;. /i/.:' jas Mr.'Hoar had concluded, and there
.was from the start evident interest in
what h?'might.say. He began with a
reference to Mr. Hoar's speech and
complimented that senator highly on
his attitude, and alluded to the Demo
cratic attitude on tl j? canal question.
On the latter point he said that Dem
ocratic senators generally are as favor
able to the construction of the canal
as Republicans.
? Mr. Gorman said the facts were all
that were desired, and he proceeded
to refer to the extension of the execu
tive influence, saying that this influ
ence had bf/wi extended from time to
time unty? "the senate had become
practican* the agent of the execu
" . "v-^tive. " .ay.e affair in Panama, he do
ciaied,.'- .i "the most flagrant act of
transgression that has ever taken
place iii ; the history of the country
and it should be resisted without re
gard to party."
Mr. Gorman criticized Mr. Loomis
for his discussion of the Panania situ
ation at a New York banquet before
the injunction of secrecy had dcen re
moved by the senate. Mr. Gorman
said Mr. Loomis had discussed the
Panama situation at a banquet at
which perhaps many were excited by
wine, and had, "given information
which the senate had not liad from
the administration or from any source.
He did not," Mr. Gorman concluded,
"tell the country all the facts, but
he made the assertion that the presi
dent was a bold and great man, who
had had the courage and the patriot
ism to land marines and suizo a part
of tho territory of the republic of Co
lombia, which wc were under contract
to guarantee to that country." "This
ls," he added, "in light of the facts,
before us, nothing less than Usurpa
tion." Mr. Gorman then discussed
the president asa "Second Napoleon,"
which title had, ho said "been assign
ed by some."
"A second Napoleon indeed!" he
exclaimed, "had it como to this that
tho United States must have a Napo
leon to shape its dest inies and to dis
tort the presidential office from its
proper functions??'
Here Mr. Aldrich interrupted Mr.
Gorman with a question as to whether
it was tho "purpose of the reconcen
'. trated Democracy to defeat the
treaty." Mr. Gorman replied that lt
was not his practice to treat ques
tions of international scope as a party
man and he believed that by the un
ion of all thc forces inclined to protect
the best Interests of thc country its
honor could be saved. Ile agreed, ho
said, that tho canal must bo built,
but in the .light of all the facts at
present known it was even more im
portant that tho integrity of tho
. American people should ho preserved.
"Won't the senator go a step far
ther," asked Mr. Aldrich, "and state
whether it ls the purpose to reject tho
treaty?"
"No, Mr. President," responded Mr.
Gorman.
"I understand," said Mr. Aldrich,
: -, 'thati Avli?b he says tsvLnntamount tc
$h.aj>?but Is would be glad to haye him
putjt ih'worcls.n
':*;%\x. Gurman1-"I say ,to"the senatoi
from Bhtxlo island that, If tho case
\ stands, as it ls; now; - wi th only the in
formation tho adn?nistr?ition. mas. fur
? n?8l?ed:jis'to this hour, then we con
sider ,;it ? most. ob j ec tlonable\ tfansac
tion, and let m6' say to : tlie'sen'atoi
when you talk about Tesponslbility, wt
cari take the; responsibility : and say; bc
' tho adniihistfatiori""without regard tc
party, r/cpng?ess jliag directed you. tx
.i?6\;qn?;'-'or-two., 'things-to. construe!
the canal'and do' it without' delay
when you can hot get it at'T?namr
go to Nicaragua, and construct . il
tihoVe, ?nd?qlb"at once.'''
.;-R?fef?ltig't't? 'hls.estimato of tia
.presidential office -air. Gorman said
- *I db not desire to do the president bl
tho .United-States any injustice. J re
spect the office. I beiieve that who
ever occupies it ought, to. have fail
consideration./ But . the executive
must have a-respect for congress, ant
?: special consideration for the sonate
of the United States. wn?n it'eoines te
the consideration of ' treaties, for he
cannot make ono without its consent.
.When tho attempt-tb deprive us ol
all tho facts;is made I rdsent. it. " li
. Coming again to the * direct consid
eration bf Mr. 5 Aldrich's inquiry,: fit
said: ''Open your books and give us
the'information. If you fail to do it
in this case; if he will give us no fur
tlifer information, than he has present
ed!, speaking for myself, I cannot
sustain him. ,Of course there is cour
agh enough and patriotism enough or.
this sido of the chamber to. stay him
, br{ahy impetuous ofllcer who attempt*
I ?n. impudent, act that may affect thc
1 entire country. -.
"What I want and what I-" believe
tho. people want, is that there shall be
nothing that will disturb the business
intorestsof this bountrj'; nothing that
will put In jeopardy because of thc
fear of some, extreme -action oh,thc
part of the executive, tbe-tlrtiftt'nnc
=eiiterpfise that.wo' havel^^iiffjBrijoy
'cid. Every thotfghbfo?^
;th? fact that 'wl^J?a^^^^??r ? yean
'ati?i moro passed " tli&ugh _-?n era ?l
Unexampled pfbsperlty^^f?'expansiop,
Of -reckless expbnditul-cs^?fJiriprudehl
inyestmonte, and how '[tliQsbal?nce ol
\ho world-Is ; taking: 'act?b^j?,1?"dgin j
.olir prospoti?ty? ' ?nd : is;.-p]5ttings obsta
desiri our; way/'^aiid: will^c?iitihue t<
put. In our way.;qbstru?tiqMj that1 ' wil
impair.arid haVo'im^ hov
se r io'usiy .ftif^ctih^X?v?.ry.Yfei^?n?ssr-'in
-terest.". '".'?.. * . . ' . yv . . Y.i ,-?
.- Mr... Gorm?nV'ititimated ;in;cqnclu
sion that the,situation
had been invited for.polittoal/p?rpose;
and on tlils^ojnt said: ^^'A/'Ayar.'par
.ty^it^^b^Mid^ris ipi:; ititi {s^cbuj?\i?
hevcr;def?at?dr?Q?i-it bo*i??ft?t?r.^>?c
.of;ahy_.iflali^ er pol?tica
chance, irfammfep^'c?/^.tu?.,
co nd i ti c?$ Sjtj?fls t - n ecessacy f o r T I o'
litical succesk."?ivhf? tho: .ibg/ianft'ittjc
*m'y of tho- conni i'.-:"-, may /be,, exhib? toe
some .'l?VoiiT?'i .laud^tol^s^
o?' hy man ' li? ' r-'.yv-VS>.st?:
ItV Who can bo serio .?.ly troubled 1
the senate) in this case, as iii all oth
ers, will stand for tile safety of tin
mechanic and tho jv age earner, busi
ness interests, peace and prosperity
The fathors breaded this body so tba
it can prevent i/hprudent action. I
has but'soldoni'permitted the excite
ment of the l?ur, the desires of ambi
tious men typub in jeopardy the bono
of tho government or its commercia
prosperity."
Mr. Foraker in reply arraigned Mi
Hoar's'position, saying he knew ther
would bo trouble when the Democrat
agrtrtid to vote as a unit on every mat
ter'except when that vote interfere'
with individual conscience.
"Something tho Republican do no
known," said Mr. Tillman.
Continuing, Mr. Foraker said tba
he did not know who would be th
Democratic exception, but suspecte
since Mr. Tillman Thursday displaye
bis rare knowledge of all matter
scriptural that he would be the one.
Mr. Foraker said ho bad felt n
great surprise when the attack upo
the president had been made on th
Democratic sld3 of thc chamber, bu
that he had been shocked when, th
senator from Massachusetts made th
character of speech ho did. Mr. Fo
aker expressed the opinion the speec
should have been made in execute
session.
Mr. Tillman gained tho floor to ai
Senator Foraker If ho had any know
edge of tho mobilizing of that 1,0<
soldiers to march upon Bogota ar
whether Information of this cbaract
did not como from tho White llous
Mr. Foraker said that not hing hr
been given to him on that subject, ai
advised Mr. Tillman if lie wanted tl
information from thc White House
apply there himself.
Mr. Morgan inquired if Mr. Forak
hold that tho Colombian congress w
ever in any way committed to tl
treaty.
"They simply rejected it," repli
Mr. Foraker. "No agent was sent
the president of thc United States ai
I no agent was sent to Panama. S
had a right if she saw fit to go into i
boll ion. Weeks before she dcclar
ber independence it became kno1
that sho would take that step-r
officially, but to every man who stv
lcd that situation and know what 1
man nature would do under tho c
cumstanceai "
Tlie administration- at Washlngtx
he said, was not unmindful of tho ?
uation, "ai id tho president took t
steps indicated by tho telegram a
from which tho senator from Mas
chusettsderives such conclusions.'
Mr. Hoar strongly disclaimed h
lng drawn, any such conclusions J
Mr. Forakor concluded by saying th
was no real ground for criticism of I
course of/'tho administration.
Mr. Mitchell of Oregon then spi
on the -'Lewis and Clark expositl
after?ch the senate adjourned.
ly i ve Stock Dnrnorl.
A dispatch to Tho State says
barn of Mr . II. S. Lipscomb at Pac?
was destrci?yovl by lire Thursday,
gothor wHs . Its contests, consist!nj
18 horses^ id mules, two cows, tl
hota^fig-?) bushels of corn, 1,
busHKwSsotton seed, 100 bushel;
svtfflHraPatoes, two carloads of 1
twOHfgles and ono two-horse wat
I ThSWS was no Insurance. The bu
1 inervas valued at about $1,000.
1 I:.-'. . . '
THE OTHEE SIDE
A Statement ot the Olympia Mill Case
A BETHEN TQ THE COMPLAINT 1
Tho Char?o? Denied and tho Mutter
Qf Ooiumon v?nd Trcf^irod
8toot, Halarle? ?nd. Foca f,f,
?V .. ' ; Aro Bet Fortb.
The; charges against the manago
ment of \ the Olympia ?mill : by - Mr.
Leonard Pl?nizy pf Augusta- have-'a't^
tracted.ho little attention. : Yesterday
afternoon . Mr. William Elliott,: Jr.,.
representing the Olympia Mills com
pany, served-on Mr1. B. L. Abney, at
torney for Mr. Phmizy, the return or
T?ply^to: charges- In tho complaint.
Tlie matter is to bo heard : before
Judge; Simonton next Monday at
Charleston. -
In.sumriilng up the declarations in
the return, ttie ..following 'statement
.was mado: yesterday ! by a membe^' b?
the syndicate associated witt?v/Mi.'
Whaley. in thisgreat undertaking: .--.'.'
In tho early part-?f 1809 Mr. Wha
ley? who .had-sold a great deal of cot
ton mill machinery for the large man^
ufacturPrs who had their headquarters
in and around Boston, and who-had
acquired their, warm friendship,
learned that a movement was'then on
foot to raise the prices of .all cotton
mill machinery from 20 : to -SO per
cent., and to change the -terms upon
which the machinery would be sold.
Previous to that time it- had been the
oustom -of . these': manufacturers to
take preferred "stock, of tl}0 mills 1"
part payment of th?ir machinery. Mr,
Whaley thereupon entered into con-"
tracts .-with these- manufacturers for
tho machinery-necessary "to equip ?
mill such as the Olympia. These.con
tracts>mountod: to.- about' $1,059,0001
. Subsequently, the pieces of all cot
tonVinlll maoiKxipry'v.weie raised, from
f^^^^i^W^?^^ waa donerby ?
conference" Of "alli^?- manufacturers in
the .Tihited^Stai^s;^' About the samo
time all st$?? fthti'irpn-and products of
steel>^fl-.^ron were- increased -largely'
inpric?^.'l, Steel rails,Wentrup fronvG?
to^?^p?r cent. Mr.. wh'al?y. ?Isp. .in.
iys;;t?'d|.v?dua? capacity^ c?r?tracted for
tho :b?r?has? 6t!.'&irwt-?f.!t?M -. oh
which'r??^ lo
cat6d;:V.}I?itrien.taid bofofet?iis'nisso
ciateciU: Cpiumdia "tho -prbje?t?o&?r
gan'i??n^th'e Olympia .otton' nii?liand
.r?piescnt?d - that the^purcliaser?f the
mtml?^^^
1805'.V'would '?? cost -SfrdmVr??20r>,'000"to'
830p,fl?^.;-mpre'tt?^
which .u?iliad. cbn'ttact?d.;. '
. Tho i-la'n-agWcd'''updnV->yas for the
Complu.-' to bo organized with fi
co ! ??tock -bf 1,000,000 and'Sah'
^f^'S?pO.OO?; ot proferred a'tock.
preferred stock was siibseqtj'??tly'
"sed to $;7 ?QfpO?;, ; It^^* their.
AO^'* ' ^her^-ive.s- ;to .P\viJ;|;-^.(^n<!
^proceeds', of71 its ; sa'io towards the
?purchase and paymonb for the ma
chinery. The common stock was sub
scribed for by the .syndicate and by
Messrs. Carey, Bayne & Smith of Bal
timore. , ? ? m
^ Seventy-fiye thousand dollars Was is
sued to Mr. Whaiey in payment for
the increased price of tho land, which
had -boen previously ? bought by him
in his individual capacity. Of this
amount ho divided out all but $26,000
amongst his associates and $300,000
was put into bis name for tho differ
ence between his contract prices for
tho machinery and the prices at which
it could have been bought at the time
of the organization of tho company.
Of this amount $93,000 was turned
over to Messrs. Carey, Bayne & Smith
of Baltimore, who were helping to
finance tho enterprise. Tho balance
of the stock was never actually turned
over to Mr. Whaley or any one else,
but was hold and used for tho purpose
of raising money on syndicate notes
for the use of tho corporation. The
remaining $615,000 of common stock
was subscribed for by the syndicate
and subsequently Messrs. Carey, Bayne
& Smith, tho latter taking and paying
for 8125,000 worth.
AS TO TniS ORAN11Y MILLS.
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About this time lt bad become ap
parent that the Granby cotton mills
could not be made a success with the
electric power which was then sup
plied by tho Columbia Water Tower
company. Thoro were frequent inter
ruptions for entire days and more frc
quently^stlll the power would not be
sufllclcnt to run her looms and spin
dles up to a proper speed for tho whole
of many days. Her help was dissatis
fied and tho output of the mill was
altogether unsatisfactory. The com
pany had entered into a binding con
tract with tho Columbia Water Power
company, who had in their litigation
with the street railway company made
it known that they would seek to en
join any efforts to supplement hy
steam power the electric power which
they wore furnishing.
Tho directors thou conceived the
idea that it would bo a fair and legiti
mate contract for Granby to subscribe
$250,000 to tho capital stock of the
Olympia if in consideration of which
Olympia would build a steam plant of
sufilcient capacity to supplement thc
water power company's contract with
Granby and would enter Into some
contract whoroby Granby would bo at
all times supplied with ample electric
power at no greater cost than would
havo boen the supyly from the water
power company. Tho directors thought
that this would bo ,n advisable tiling
to do, because wi.ii the amount of
debt that Granby thon owed if it bad
become known that tho power was in
adequate they thought that it would
have sorlously embarrassed her if not
ruined her. It was thought also that
tho stock of Olympia could be dis
posed ofLaa soon as lier operations
were started, and thus that the dif
ficulties that she had mot with wpuld
be remedied by the comparative like
uso of her credit until tho stock of
Olympia was sold.
Tho samo was true as to Bichland
As a matter of fact, today Granby
will have to shut down If tho power Is
not supplied by tho running of Olym
pia.
Of tho ontiro issuo of tho $750,000
of preferred stock of Olympia $266,
000 waa subscribed and paid for by
investors. Tho entlro balanco was is
par:" :. ? " ? ' - , .... '
V i J . f ; :', -:- >: : : -> I * ' * .'.I
.:*..*.. . TEtI2'M!ATr)CB OF ?AJ?AUIE3? J
As to. ti ie Claries"'for :'?iy.irr^
the early; parly .bf 1^02; all Of <the&.
ag.ipg bilicoo and
to,'that fcipiq ?sBrv?d without'.??in\
satioii !^nd>?K?^
of ;the.company..:that" ib ?was milking"
ni?h?y;?b'a" rate winch' wouldd?stlfy'
lb if salaries weroVlix?d aggregating
$20,U09,: wliicli;jriclude'd the pr?sident-,
tli? vice-president;" finance committee,
the se?r?t?ry and treasurer and the
general manager "and 'the attorneys bf
thecompany. These salaries by the
terms of tho resolution were" to con
tinue only, so long.as the ??rnlhgs?f:
the -company justified their 'payment'
and as a matter of fact they were.dis
continued in 'the / early part Of \'the
year 15)03, us soon "as it was ascertain
ed that the company was. nob making
money.
X. It-is nut true that Mr. Wlialey or
his. linn, were paid $50,000 pr any
3th"er largo amount for,the prepara
tion of thc plans and tho s?pervisln& ?
is architects the construction ^''?"?m
mill. . .They Svb^jKifdSesr- thad oho
1er ccnfcifnyinTo-^ho hilnimuiu charge
"br such work by competent..nilli
mginecrs would\-be two per cent
VIcssrs. w. B. SnflWi "rVhaiey Sc: Co.
lid this wbi'lcf?r,le^tU>..i. half of thor
isual charge b?ci?^e'of"their-interes?
n the ent?rprlse^ri?? total siim jpaid
mein.-.was oniy/?^fitf?O, which "iriclttdr"
>d their, service's "iii supervising the
?onstruotion of the,' Mills'Avenue store
ind ?i^ inils stables, all the op?ra-,
-Ives'; houses'.and do'lng ali the grading .
ind other work around the premises -
s woll as tho work bh tho Olympia
pill itself. $f?W$J
MK. PniNIZY-'? COMTLAENT. " V '
The-following Is the amended com
i.?al?t made. by Mr. Phi nlzy 'under
late of. D.ec 7th:
(a) Complainants aro .Informed and <
?elievo thab W. A. Clark, W. B. .
imith Whaley, WvG,.;Childs and W. ',
?; iljyies, directors - of said- company, ?
?ribr:tb:'and ab the'i'ttmb^bf .building. ,
ho'pjyiripla millj^cpristltiited 'them- ?
^Tf?s'tf syndicate vor. body ofpromo? \
?ra;-Vand;'olIered'' their , ser vices In or- ?
anizihg-.a con^paiiy of which, they \
r?roy?tockhblders and directors; had \
ssdod- to . them land received: three. |
lundred;: thousand ($300,000) dollars {
f. tlio.'*cbr?mou'-'stoclc. ? of. Ui? said t
Jlyriipialin i?:,'. whio?i..th'?y1 issued r-tb j
h?msolvoV ^ a bonus, and- for widish \
oth?ng ' ?tSvpald by them iifbo the .
pm'pany :for" said.- stock,; bub.-.-for.- t??p' t
urpose of making the books, balance \
hero was an" Ih.creasa; o f --IXA- noi??llal- j
?lue' pf:t-I?e p?iuif. as ari offset 'tb-tlV'
^'i^'.'.^f'.t?iis> unpaidsibci?);s?ild boin
.as V fcx g i ft : - w i tl J?uti v : coi is ide ra tl <.
W*pl? youl '."ind contrai-v\ t?thp
a,. ices' of I said promoters cbiisi?v>.
hi v in .the usual elTorts. of placing or
elling the stock, and thore was no s
onslderation moving from such pro- ^
mters to the company, and that the -
ctlOus asset $300,000 in amount, gave j
pparent deceptive value to pvoforred .
tock and helped to deceivo complain- (
nts into the purchase oflthe same. ,
(b) Complainants further allego (
pon information and belief- that tho ,
tatemcnts issued . by the company j
udor tho direction of tho directors ?
re Incorrect and convey an erroneous
eprescntation in that the lists of
ssets so prepared makes it appoar
hat. the company owned and held
irge blocks of stock of the value set
ut in the statements; that upon an
xamination of tho itemized list and
ssets it appears that these Stocks were
tterly and absolutely void and worth
2ss, being the unissued stock of tho
ompany itself on which no subsorip
ibn or other payment'hud been made,
nd which had no value beyond that
f the paper and ink upon which they
i-ere printed; that said stock carried
s such assets being-shares of un- i
ssued stock of the Olympia mills <
nd valued at $-in the statement
ireparcd under the authority of the
lireotbrs and issued to t he public and
n both of which the preferred stock
if complainants were purchased.
SKUIOUS CHA HOES.
(c) Complainants further allege,
ipon informat ion and belief, that the '
aid board of directors have in all
espccls valued their duty as officers
md put their interests as individuals 1
ar above and beyond their obligations
is directors. That contrary to law
md good conscience, they have made
:ontracts with themselves individual
y, ir; each of which C?ISO the company
vas damaged and the said directors
greatly benulited; that although tho
?aid W. II. Smith Whaley was select
id as such president because of his
?upposed ability skill and experience
is cotton manufacturer, mill engineer
md expert and paid a salary therefor,
md as such bound to give his time,
ittention and labor to thecompany in
ronsiderat ion of the salary paid, and
mat contrary to law and objections of
)ffleers, he charged tho company the
mm of $50,000 for plans and specifica
tions of said mill, which sum is not
)nly illegally paid, but far in excess
to the value of his services.
(d) Complainants further charge
that they oidy learned of tho facts
liereinbefore set out in the three pre
ceding paragraphs within tho last 10
:lays, and that immediately thereupon
they gave not leo to t he officers of the
defendant company t hat they objected
to tho issuance of tho proposed bonds.
That since the Information has been
obtained by complainants there has
been no meet ing of tho stockholders
and board of directors, and that it luis,
therefore, been Impossible for com
plainants to attempt to obtain redross
ab their hands; that it would have
bcen-useless to apply to the said board
of directors for tho rights to which
complainants were entiled, Inasmuch
as the wrongs hereinbefore recited
were committed by them, and the
wrongful Issue of stock, the grant of
bonuses, tho. mixing of accounts thc
deposit of the Olympia company's pro
perty as security for tho debt of the
Granby and Klchland mills, and all of
the other acts of waste and misman
agement woro committed by tho direc
tors themselves, and lt ls nob reason
able to suppose that they would undo
t?/?%?t?jS?~ willoh thoyhad inflicted
fair; r?.efi??'from their purpose and in
tea??mi vo'carry out the breach of tho
agr?er?ihtJ: set out in Exhibit "A,"
li^bn We faith of which complainants
probated:their'.stock. But, notwith
udiit^?uch'facts, complainant, did
ppwpr to obtain redress
.. /ery^ notice possible of their
and repudiation of what, the
ad don?, "and. demand of
anea) the wrong- and repair
jj-all of which-they declined
"?-tho contrary urged com
j? io consent to the same and
VO* f;a_issue of bonds,
..'vi? mpl?inants further charge
ffljk .mention of tli? stockholders
otjf srmpia cotton mills was held
lri.f>. \TU?)l?, S. C., on November 14,
1902 Recording to tho notice herein
b?rore jrofotred to and that Leonard
Phiui/.y one of the plantiffs heroin,
at&odljd said convention lu person,
> ir^behalf to himself and his co
pl?i?." ? protested against the creation
or. "tfx^.jntlon of any debt or lien upon
tlio'i jrrdperty of said company, and did
act'4dly 1 vote against the same, lils
stoc?? jfnd that of his co-plaintiff, A.
S?r^ '^that notwithstanding tho pro
ii -3he complainants and over his
;?th ins, .$1)750,000 20-years 0 per
M& %ds was voted, issued, ex?cut
ai .'placed upon thc said Olympia
c$h mills, secured by mortgage of
.?nVL property and franchises, all
of Ssl fl acts and doings upon tho
p?rf# tthe said. defendant company,
its^t^ ?tors and stockholders these
cbnVPh?.?a'nts allege to be illegal, in
y?l.idVand contrary to the resolution
madiv^py said company with these
coTftpianants on December 1, 1901, a
Cfl>y..'Ok which is found in Exliibit
%i^?3attached to tlie bill.
* . ;f : Safety of tnt 3outh.
7" TdieVc?lumbia State says: "Thoso
who.beiieve that the Republican party
has ; ce?sed to make war oj on tho
Sout^j^ ill do well to watch olio pro
ceedings of tho elections committee on
the ' l'-'pb?itesb against Congressman
Lev?T^D?ntzler received but 167 votes.
Fow oVeri knew that such a candidate
was irtthe field. Yet wo hear tho old
story, familiar in Reconstruction
Jays pf- the suppressed negro vote.
Tho negroes as a rule have long since
?oasedto bes i pw a tliought on politics;
md wei believe tliat even if every one
w?r? viUlowed to vote only a beggarly
xirpbraPs.. guard could be rallied for
:hb .R?v?ublicaii3. The Republicans do
lot c?i??'for negro per so, and any a?r
jion 'liikon in his behalf indicates
jlthor" % fear of Democratic success iii
:ho. north, unless the negro is favored
ijpf tr south, or a desire to "make a
r>ji ent to turn out Democratic con
fi.^ni^n in 1905, for the house may
)e at^Uiat time uncomfortably, close.
1?re js
rtitjr^ 4s hot a scintilla of proof that
hpreiv)t?-167 voters wanted Dantzler.
~~*-qsaidby a wiso stateriian
.-cy. of the south depended
'stratton and congress In
^rlcs bf South Carolina
it ?nree million dollars worth
..id beer in the year ended
he S?lB of last month, which ?3 near
y $50 [,000 worth more than in the
irrced jog-fiscal year. The net profits
ibis yfhr.to State, counties and towna
vas 88B8.266.35, an Inorease over 1002
if $7:,584.02. .The reports of Chair
man Williams of the board of direc
tors arid of the legislative Investigat
ng committee will not be ready for
l?verai weeks, but the following fig
ures were obtained from the books by
i reporter of The State on Thursday:
Net proiit to towns and
counties, 1903..._..8 512,210 35
Net profit to State, 1903.. 120,200.00
Total net profit for 1903.$ 638,482 35
Net profit to towns and
counties, 1902.$ 443,198 76
Net profit to State, 1902. 123,699 57
Total net profit for 1902.$ 560,898 33
Total increase over 1902. 71,584 02
Total gross sales, 1903. . .82,817,998 77
Total grosssales, 1902... 2,406,213 60
ov
bi
bc
ti
cl.
L
ll;
lo
ht
E
I?
lo
O
bi
tl
Ol
e(
in
E
Increase over 1902_$ 411,785 27
Killed Himself.
After greeting a bank examiner
who bad come unannounced to exam
lue bis accounts, Asa C. Bushnell,
cashier of the Yale National bank In
New Haven, Conn., went into the
basement of the bank Wednesday and
shot himself, death ensuing soon af
terward. A statement given out by
Edwin S. Greeley, president of the
bank, and by John T. Manson, the
vice president, Wednesday afternoon
says that an investigation of the
books indicated that the cashier was
Indebted to the bank for between
$12,000 and $15,000, and that be had
been speculating in stocks to a limited
extent President Greeley sald-tbat
Bushnell bad been with the bank 21
years and that he was the last man
who would have been suspected of
speculation, as his personal habits
seemed, to be above reproach.
A Cluan Sweep.
At Boston, Mass., tho Democrats
won an overwhelming victory in the
mun lol pal election Tuesday, Mayor
Patrick Collins being re-elected by
27,000 plurality, the largest ever given
a mayoralty candidate in the history
of the city. The board of aldermen
next year will bo solidly Democratic
and that party will have a largo ma
jority In the common council. Thc
city ns usual favored licensed liquor
selling by a large majority.
9 Killlnrflliu] hy Hinkle.
"My wife ls a witch and slowly
killing me by magic. I want a di
vorce," said M. J. O'Shaughn?ssy, of
Omaha, Neb., who says be ls a cousin
of the president of the Canadian
Pacific Railroad, to the Chief of Po
llco Thursday. Mrs. O'Shaughn?ssy
ls a clairvoyant, and, according to
her spouse, bas seven husbands living,
from none of whom has she received
a divorce.
A Hl?h Mortol.
The Washington Post says tho South
Carolina man who confessed to having
burned his business rival's'store bad
prodadly beon reading tifo testimony
in the shipbuilding trtist litigation
and thought anything was fair in tho
suppression of competition.
' ' ' ? s /\
THEY WILL ?TGHT.
Colombian Troops. Are Ensiling
Rapidly to tho Front.
in ARMY LOCATED BY ATLANTA
? mc ors Parley on tho Beech anti
tho Colombian Commander
Hands tho Americans a
Written Protest.
A dispatch from Colon says the
?Jnited States cruiser Atlanta, Com
nandor Wm. H. Turner, returned
;here Thursday night from the Gulf of
Darieu. She discovered December'15
i detachment of .Colombian troops,
lumbering visually about 500' men,
jut, according to their , statements,
totaling 1,500 or 2,000 men, at Tltu
natl, on tho western side bf the gulf,
ust north of the mouth of the ?trato
iver. Tlie commander of the Atlanta
ent ashore an officer who conversed
vith tlie Colombian commander. The
atter protested energetically against
-lie presence of American warships in
Colombian waters, in so much as war
?etween Colombia and tho United
itat?s had not been declared, and po
Itely request tlie Atlanta to leave the
ruff because it belonged to Colombia,
/?mmander Turner Ignored the re
dest and the" Atlanta returned to
talon to report to Rear Admiral Cogh
an. The Colombians are clearly busy
pith protective and strengthening
leasures. Although they treated tho
Lmericans courteously they decidedly
esented the presence bf the Atlanta's
Hiding party. Tho Colombian force
ras composed partly of the men landed
ecentlyab the Atrato river by the Co-,
nubian cruisers Cartageno and Gen
ral Pinz?n.
Early in the morning of Dec. 15 the
Ltlanta sighted a small schooner in
lie centre of the Gulf of Darien and !
allowed lier to the western shore, 1
diere the schooner attempted to hide
ehi nd an inlet. Lieut Harlan P. ,
'errill of tho Atlanta was ordered to
oard her and thereupon a whaleboat
aa lowered and pulled towards the
;hooner. Through the courtesy of
ie naval ofllcers'tho correspondent of
ie Associated Press accompanied tho
:irty. It was found that the schoonor
ad on board 100 armed Colombian
)liders, commanded by Gen. Rafael];
ovo, who said Gen. Daniel Ortiz, ,
>ramander-iu-cliief of the Colombian
trees of the Atlantic and Pacific, had >?
large camp a milo away , on tho ?
ainland. Gen. Novo requested Lieut,
errill to land and confer with Gen. ?
rtiz. After temporarily returning *
i the Atlanta, Lieut. Perrill went -
ick to the schooner, and in the *
eantime, had taken up a position off
beach within a small bay.' Great ^
rcitement prevailed araong^ the Cpl
nbians on the whaleboat's'approach.
here were repeated - cries' of ' ' Viva ?
jL?rnbia^V^d-theie^.r'"'- " sudden
jfnblan ^
us aria na... vue uHJt,-rane? os ^H?"^
iscade. Gen. Otiz appeared otie f
sach whoh Lieut. Perrin wen Ashore,
io' whaleboat in. the meantime /*-'r?g t
ose by. Gen. Otiz insisted tri?t j;
ieut. Perrin should fly the Colombian y
lg at the bow of the whale boat, or ?|
wer the American flag ab her stern, (,
icause she was in Colombian waters. ?
ieut. Perrin replied that he did not v
ive a Colombian flag and refused to 8
wer the Stars and Stripes. Gen. (
rtiz did not insist upon his so doing,- t
nt he protested in writing against
ie presence of the Americans in Col- y
nblaifwaters. Lieut. Perrill accept- j
1 tho protest and conveyed it to Com- ?
lander Turner, . who handed it to ,
ear Admiral Coghlan on his arrival
oro.1 (
During the conference with the Col- |
molaris ashore, Lieut. Perrill was .
irrounded by Gen. Ortiz's staff, while
iland, a few paces, there was a somi
ircle of armed sentinels. The beach
i both directions was also lined with
mtlncls. Gen. ortiz did not permit
lieut. Perrill to leave tho point of the
each where ho landed. While Perrill
?as awaiting the Colombian protest,
"irsb Lient. Edward B. Manwaring,
ammanding the marine guard of the
atlanta, rowed up in a cutter for tho
urpose of communicating with Lieut,
'errill and to gain certain military in
Dimation. Lieut. Manwaring went
shore and the cutter joined the whale
oat oil the beach.
The Colombian camp appeared to
o permanent, was well provisioned
nd probably destined to he used as a
ase of operations. Gen. Ortiz and
thors'freely expressed the determina
ion of Colombia to fight to the bitter
nd in case Gen. Reyes' visit to Wash
iigton is not successful and Panama
? not returned to Colombia.
A Fair Sample.
Tiie Columbia State says: "Gov.
Hlell's moro active participation In
ho politics of Now York city, has re
ulted in tho selection of one Charles
I. Murray as president of tho Repub
ican county committee. Murray is
he kind of politician that ono Then
lore Roosevelt would not have stood
or when Roosevelt was a political ro
omier in this same New York city
ho New York papers say Murray rep
esents tho lowest typo of Republican
'leader" in the metropolis. The qual
ty of his gray matter is revealed by
.ho story that when ho was aquoduct
oinmisslonor In 1808 lie proposed to
tatlon 400 or 500 guards along the
iqueduct to prevent the Spaniards
rom poisoning Now York's water sup
ily. As this was a good scheme to
five jobs to 100 or 500 heelers, some
if Murray's party colleagues supported
t but Mayor Van Wyck didn't soo it
,hat way and removed Nurray from
lillee-which, perhaps, was about as
?ood a thing as Mayor Van Wyck over
lid. Murray ls now the leader of tho
?olebratod "do Ate" district, though
tio does not live therein. "
Wages Reduced...
A dispatch from Conn el ls vi lie, Pa.,
lays a reduction in wages averaging
17 per cent, and affcotlng 30,000 men
In tho Conncllsvlllo coko regions was
announced Wednesday. Tho H. C.
Fric! Coke Co. takes tho initiative in
this, Vac first reduction ?ince tho
great strlko of the early 90's, ard to
day posted notices at all thoir plants
announcing tho reductions.
- SAFE BLOWN OPEN.
Tho Vault .of tho Courtenay' .Man.;
:... ufac turing Company Hobbed; .'V
A dispatch from Seneca to The
State says the safe of the Courtenay
Manufacturing company at Newry
was robbed Tuesday .night of $2,600;
81,600. of this was io silver, the
balance In paper and the money .of
Newry poltoillce was inolded in this
amount. '. ??
No rar rests have been made, but |
three persons are under suspicion.
One of these is a white . man who I
has been passing as an insurance agent
at Seneca. Tuesday nighthe bought |
a doublebar rel lcd shot gun" from J.
A. Glgnillial for 832. He drew his bank 1
book on the Seneca bank add Issued a
check for 8100 and took the changer1-!
868. Wednesday it was learned from
the New York bank that-it was" drawn
upon to make deposit in the Seneca^
bank that this man's chsck was
worthless.
. He left Wednesday morning at 2 a.
m. on train 35, westbonnd. He claim
ed to be from New York. He speaks
the southern brogue. -?He is about 35
years of age, . has light -hair, a red
beared trimmed to a point, and ls
about five feet 10 inches high. His
face is red and pitted with pits on
nose, in centre of forehead was very
deep scar. Iiis weight is about 160
pounds. There are two other suspici
ous characters who can be identified
if arrested. One of these is about 30
or 25 years old, live feet 10 Inches
high,-weighing 175 pounds, black hair,
fair complexion, clean shaved, speaks
northern brogue; had on light brown
overcoat. The other is 34 years o\?\
?ve feet eight inches; weight 150
pounds; short moustache; black bair
and black eyes; dark complexion;
speaks northern brogue.
A reward of 8200 ls offered for the
arrest and the proof to convict the
guilty party. The Courtenay Man
ufacturing company, Newry, S. C., or
B. It. Moss, sheriff, Walhalla, S. ?
3hould be notified io case or arrest, j
A Y0UTHF?L MTJBDEBEE. 1
A. Young Lad Instantly Killed bv An
other Young liad.
Fred Bradshaw, the fourteen-year
)ld son of C. L. Bradshaw, of 122
Chestnut street, was shot and instant
y killed Tuesday afternoon shortly
ifter 2 o'clock by Jim Dean, a 16
rear-old boy'who lives at the corner
if Mitchell and Davis street.
Jim DeanV the 16-year-old boy, was
lelivered to( Call Officers Luck and
Jaddox at 3^30 o'clock by-his mother,
vho had benn aiding the officers In
hiding her oivn son.
Young De?n ls now held at policej
teadquarters on the Btate charge of
ourder. H?{ admits that he -killgd
o?ng Brad?^aw, but claims thafc the
hooting was accidental; '; H e says he
ms shooting at . an'3^<jlli?'t'' sparr'
?gM*' M ?" - '. SMS
r?r?" ...v- to locate n 'A he j , v
o?nd his mother, howevci*. and tola
isr that unless ber son wa* dobvcrea"
o the poll ?a it would go bard, with
dm when he" was captured. She pr?m
sed them that she would find hereon
.nd give him to them. At 3:30
?'clock she returned . to the Atlanta
iniversity, where she left the officers,
vtth her son. The boy was placed on
L street car and carried to police head
quarters, his mother accompanying
ilm. He told the officers that he did
.ot know he h?d hit young Bradshaw
rntil he saw the latter fall. The boy
s heart-broken, apparently over the
ihootlng and still holds to his story
ihat it was accidental.
Dean, though only a child, haB a
?riminal record, according to Detec
tive Simpson, who says the boy has
bsen arrested on two or three occa
sions. Bradshaw was shot in the
back with a 22 calibre rifle, the bullet
penetrating his bart. Dean had been
out hunting lt is claimed, and the
shooting occurred in a hollow in the
rear of the Atlanta University.
The boys were goodkfrlends previous
to the shooting. Tho calibre of the
bullet was very small but it struck a
vital spot and instant death for young
Bradshaw was the result.-Atlanta
Journal. _
A Brutal Murder.
At Boanoke, Va., Bobert Burchett I
was murdered with an axe in bis j
home at Max Meadows Wednesday
night. HIB body was dragged some I
distance lrom the house where it was)
found early Thursday with the head
crushed and mangled. Suspicion1
pointed to Burchett's wife and a man
named McGlamery, who went to Max
Meadows from North Carolina and
they have been arrested. When ofli
cera went to the'Burchett home they
found Mrs. Burchett engagad in
washiug up blood from the floor and
bloodstains were found on her cloth
ing. -The accused deny all knowledge |
of the crime.
Go Up Head.
A dispatch from Atlantic City Bays I
Blchard Burbad swears- that he
caught, in Lakes Bay, the largest.oys- \
ter ever reported in that part-bf the ?
country. Tho bivalve measured two
feet In length, foulen inches across
its baok, twelve inches in depth, and
tho meat in it weighed twenty-four
pounds. He tells an exciting story of
what a time fie had In getting the
oyster into his boat. Burbad stands
at the head bf the class
Wanted Revengo.
<Tho will of the late Cardinal Her
rero y Espinosa contains, according to
a special dispatca from Mrdrld, the
extra-ordinary bequest of 810,000 to
tho "first Spanish general landing in
the United States territory with an
army sufficiently. strong to avenge
tho defeats of Cuba and the Philip
pines." Pending the- happening of
this event the legacy is. to remain de
posited in the Bank of Spain.
Great IiOss by Fire.
At Bochester.-N. Y., aseries of Ores,
supposed to ibe incendiary, have des
troyed property worth moro than a
half million dollars. Tho flames raged
until after daybreak Wednesday
morning in two largo faotories. Every
fire engine and fireman In tho city aro
still on duty. At least two and pos
sibly more have lost their lives.
Is Broagat to the Front Again-by.
the Publication
4)P BEISTOWj^ PULI, EEPOET^
VT. "??\' v. ':. jip
.Uow Trusted Govoruniont OfilcJaJa
. Worded the JPoat Offlccs of
~tho..Coan.try Fpr/ Their
Tho full report of Fourth Assistant
postmaster.General Bristow was m?^
piibllp W^anjes?ay with the exception :
of the^?xt?tbibs, which aro withh'elSragj
beca use Vf^de nd ? n g criminal cases.
The report reveals mady new-facts
brought out 4-by the mot-th? of lnves?. v
tlgationand nb.t embodied In the'oSK v
'oial abstractjnade publie a . fortnight ?
ago. . \ .,?^, :?:
The reporter speaks of; proliiRate ?
expenditures, for Bundy time record-' (
exs-.It states that Hugh M. ki Lan- \;
mon, secretary, of the PiieV, mutic Can- >
beling Machine company, testified
daring the Investigation that In this t
cjty-in^l902-, where he came, for or- V
ders, Beavers referred him to a clerk >
ntimed H. Clay ton -Graff "as the mau
bo do business with," and that in per
sona?^c^nvereation Graf! said, "You ?
know nobe of us are here for our>:i-Ci
health. _.The goveromeDt.ls not libe- \
rallo; the matter of Its f alarles and it .
costs'mLUch to live in Washington."
/Edwardv.S. Allen, now ? clerk at
the Cleveland, O., postofflce, testified '?
that reports be made on the merits of /\
the\Hampden cancelling machine / '
wereloot satisfactory to First Assist/^ ?.
anb-Postmaster General Heath or to
Beavers and^says- he ? was plainly afd
vlBedthat it was Mr. Heath's desire
that these machines be Installed .and
the desire1^ of Mr. Beavers, "and the
general.staff," that he do less talking
derogatory to the machine- The'ma
shines proved worthless. Jj The report
says thatH. J, Truesdaleof Bingham
ton, N. Y., of the cancelling machine
:ompany, told the inspectors that be
oru the order was given for 100 Dore- ???
nus cancelling machines, 200 shares s
$20,000. worth) of the stock of the . <
ompany was transferred to the first - '
sslstant postmaster general, Health, *~
leal th promising to order not lessV>
han 300 machines afc 8225 each. '1- ,
tuesdale said that the stock was.::
iter bought from Heath. The evi
Inrf.bHt
ence agalD^t^He^th^yas submitted
0 the graj?d jury, but the district at
orney said It was not sufficient to .
barrani'the Indictment.
The'report desorlbes the efforts of
Lil. Baud of the postmaster gen
a's office to sell stock . in a mining Vr
impany to postofflce employes/and }''t*
ives evidence that Rand . used gov
rnment clerks in transacting private '
iisiness. . : >./
Regarding the sale of promotions Ipi
[ew^Yotk-'Oity and '.TGIlSey city the
(ppr.t^;my 3tl?ns: Ba>^hne, -??;vJ.,' as
fe?YlB&.^jw^^ that. while
1 mate friend of Beavers tv..v.U>rki-,?t
?eted'from 38,Q00t^ 810,000 for t?a^'?!:
'legislative fund," ; for ;tbii . clerk8,H,'!:-'.
V?isestated that, he u^ed about $3,-;
OO -'of this . monev for ^xperises and -
hat the balance, 80,000 o'^r $7,000, ho
.aid- to Benjamin Parkhvtrtit, "lntl
?i?be friend of Beaver:!." '..
These.facts were submitted to the
;rahd-jury here in May, bufc'fche dis
rieb attorney recommended against
irosecutlon on the ground of rnsuf
Icieut evidence and further effor? fco
vard criminal process"against Beavers
ind Weis in this case was dropped
vhen, on May 31, last, the statute of
imitations operated In Beavers' case.\
The report names a number of in- \
itanc? where clerks were appointed )
m the order of Beavers, against the
wishes of the postmasters. These
?lerks performed but meagre services.
Minerva Jeffrey, the report continues,
was a $000 clerk at Fredonia, N. Y.,
tor the first five months in 1899,
bhough she did no wort. The post
master never saw her, he says; and he
payments were sent by check to
Washington and deposit? d in Beavers'
personal bank account.
Regarding contracts with congress
men for lr ases of postofflce premises,
the reporter says:
"Tbere is no evidence in the matter
that Beavers* reckless and high band
ed proceeding in the mater of leases -
was the result of any general scheme
of corruption or blackmail on his part.
His purpose seems to have been to x
place members ot congress and In
fluential politicians un?er personal
obligations to him."
EARNINGS OP THE RAILROADS.
. -
ii teres t i n g Figures Submitted by the
Railroad Commission.
From the report by Secretary Dun
can of the railroad commission Ifc wlll_^
be Interesting to know those roads "
out of the total'qf 19 which made the
most money and the net incomes of
which were the greatest.
Out of a total Income of 813,117,
181.10 from all source it is found tbafc^
the consolidated Coast Line anrf Plant
system received the largest, the fig- ? '
ures being $3,780,530.26, and their .
net income less ail expenses including
cost of maintenance and taxes'was
$1,407,208.61.
Tho Southern operating the Oaroli
na division came next with a total of
$2,816,805.90, and a neb income" of
$885,320.51. Tho total income of tho
Atlanta and Charlotte Air Line was
less than that of the Seaboard, bub
their net iocomo_was greator, due no
doubt to che heavy expensesbf build
ing which the latter has had td go
through. The total income from
Charlotte Air Line was $1,478,018;07? -
and tho neb income was $58?,O60.39j~
while tho total income,of the.Sea
board was 81,670,100.24, and the neb v
income $441,562.45. The Soubhcrn
railway in bhis Sbato led this by seve
ral thousand dollaw,- their total in?
I come being 81,642,712.09, while theit
net income was $538,438.33.
The Charleston and Western Caro
lina ls tho lasb of bho roads whoso In?
I como exceeded a million dollars,
I Their total income was $1.035,508.66^
and their net Income was $133,734.18.
Th'esi) figures are for tho year end,?
.ng June 30, 1903,