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FIN A NCI Ali AFFAIR8 GREATLY IMPROVED. Offer of the Oovernment of $150,000,000 la Bonds and Certificates Had the Desired Effect. Washington, Nov. 24. ?Tho events of the past week in the financial situation have centered around the offer by the government to receive bids for $50, 000,000 in 2 per cent, bonds for Panama canal construction, and offers at par for $100,000,000 in treasury certificates running one year at 3 per cent. The announcement of this project by Presi dent Roosevelt, in his letter to Secre tary Cortelyou, published on Monday, has done much to restore normal con ditions in the money market. The pre mium on currency, while somewhat ob stinate, has been gradually declining, and the rally in the stock market on Saturday, following the visit to Wash ington of J. Pierpont Morgan and Geo. F. Baker, indicates that confidence is being restored by the manifest co-oper ation between the government and big financial interests in New York. Some uncertainty prevailed early in the week regarding the terms of subscriptions and allotments for the new securities, but doubtful points have been cleaned up from day to day by the statements of Secretary Cortelyou and other offi cials, and the manner in which offers arc being received for the new securi ties indicate that they will probably be oversubscribed. The mail offers from national banks for the Panama bonds are very heavy. The envelopes will not be opened until the time for re ceiving bids closes on Saturday next, but the number of bids received, and the declared purpose of some of the large New York and Chicago banks to subscribe with the purpose of increas ing their note issues, leaves little doubt in the minds of bankers and treasury officials that the loan will be covered. The fact that the one-year certificates can be availed of to secure new bank note circulation, and that 'such circula tion can be retired within a year, is having an effect in drawing offers for these securities; indeed, Secretary Cor telyou, in making allotments, is reject ing many offers which he docs not think will tend to materially benefit the monetary situation. By permitting is sues of bank notes to the full amount of the bonds and certificates taken by national banks, and then rcdepositing the proceeds of the sale of the securi ties to the amount of 75 per cent, in the banks, there is opportunity for in creasing the amount of currency in cir culation by a net amount equal to three-quarters of the new security is sues. It is not expected that the in crease will be so great as this, since some of the short-term certificates will be taken by private investors. There is doubt, also, whether any such in crease will be needed if the corner is turned in the monetary preasure when the bids for the Panama bonds are opened and offers for the certificates are closed at the end of next week. The importation of $81,000,000 in gold, now arrived, on the way or engaged, adds so greatly to the monetary re sources of the country that it is an ticipated that there will soon be a plethora of circulation rather than too little. The fact that the gold which has thus far arrived has not increased per manently the New York reserves is de clared by New York bankers to be suf ficient evidence that everything is be ing done which is possible by New York to aid the banks throughout the country. Reports from the South indicate that tho cotton crop is moving with a fair degree of facility at the present time, and that the deadlock which threatened at the outbreak of the orisis has been broken. It is hoped that it will soon be possible to resume cash payments at all principal centers. Bankers from Chicago, New Orleans and other lead ing cities declare that they are ready to resume as soon as New York will give the signal. Colds and Croup in Children. "My little girl is subject to colds," says Mrs. Wm. H. Serig, No. 41 Fifth street, Wheeling. W. Va. "Last win ter she had a severe spell and a terrible cough, but I cured her with Chamber lain's Cough Homedy without the aid of a doctor, and my little boy has been prevented many times from having the croup by the timely use of this syrup." This remedy is for sale by the Laurens Drug Co. _ THE COLORED CONFERENCE. Sessions of the A. M. E. Church Confer, ence Begin Here Today. This morning at 9:30 o'clock the an nual session of the Columbia Confer ence of the African Methodist Episco pal church will be called to order at Bethel church, this city, by Bishop L. J. Coppin, of Philadelphia. Several meetings will be held daily, and the ses sion wi.l continue through Sunday. Tho Columbia Conference embraces the northwestern portion of the State and is composed of six districts and 130 pastoral charges. Outside of regular rovitine business, the most important matter to come be fore the present session is the selection of ten ministerial delegates from this Conference to the General Conference which meets in Norfolk next May in quadrennial session. It was the expectation of the Bethel congregation to have their new church ready for Conference, but owing to some delays this could not be accom plished. What Would You Do? In case of a burn or scold what would you do to relieve the pain? Such injuries are liable to occur in any family, and evcryono should be pre pared for them. Chamberlain's Salve, applied on a soft cloth, will relieve the pain almost instantly, and unless tho injury is a very severe one, will cause the pnrts to heal without leaving a scar. For sale by the Laurens Drug Co. It is understood that the blind tigers of Charleston will test the constitution ality of the Carey-Cothran law. Sick Headache. This distressing disease results from a disordered condition of the stomach, and can be cured by taking Chamber lain's Stomach and Liycr Tablets. Get a free sample at the Laurens Drug Co. and try it. ! WM. H. POOL. BY W. D. s. IP ^^?^^^^?^^^^???'^ ???????? Billy Pool the II. married Elizabeth Pool, who owned a nice little farm on the hill, on the west side of Reedy river. They hired a family of free ne groes to work their crops, and when the slaves were emancipated he had already learned how to work free ne groes; and he kept a big crowd of them on his land. Ho gave them land on which to build Prospect church, and it was no trouble to get labor. He rented his land for the three-tenths and paid Btrict attention to the collection of his Hharo of the crops. He would purchase a tract of land and pay for it in two or three years, and then buy another tract. He kept this up until he bought up about three thousand acres of land. When his family would get after him to buy ex tras he would point up over the mantel i board at a paper tacked up there, stat ing that he owed the Greenville banker four thousand dollars for the last tract of land purchased, and this debt must be paid before any costly goods were bought for the house. So it went on, year by year, until all those lands were bought and paid for. Coming from Honea Path with a load of guano, his team got frightened by thunder and lightning and threw him out of the wagon. The wheels ran over his body and injured his bowels so ho lived only a few days. He was a member of Mt. Bethel church, and his rule was the first debt paid in January was his church dues. Every call was paid in full for twelve months in advance. What a blessing it would be to the preachers if we had plenty of men of this kind. It is healthful, wholesome. It's as for one as the other. A little dose will make you sleep and eat. Makes peo ple happy. Hollister's Rocky Mountain Tea. 35c, Tea or Tablets. Palmetto Drug Co. Fraud Alleged in Old Dominion. That graft existed to a flagrant de gree in many of the licensed whisky distilleries on the part of the govern ment gaugers is the belief of the com missioner of internal revenue, Capt. John G. Capers. He says that in many of the distilleries throughout the coun try the gauger and storekeeper, who is a bonded officer of the government, is in collusion with the distiller, and the two commit fraud. It is impossi ble, under the system in force, the commissioner says, to commit any fraud without the direct and deliberate collusion of the government gauger and storekeeper. Under the immediate di rection of Commissioner Capers an ac tive campaign has been inaugurated in Virginia for the ferreting out of the frauds by which the government is an nually being defrauded in Virginia alone of something like $500 a day, in the opinion of the commissioner. "Many of the distilleries in Vir ginia," he said today to the State rep resentative, "have been making two or three gallons of whiskey for every gal lon upon which they pay the revenue tax. This goes on in all the States where whiskey is made to some extent, and reports have come to this office of it in Kentucky, Tennessee, North Caro lina and elsewhere. In most of the reported cases of defrauding the gov ernment of the revenue it has been by small blockade distilling, but in Vir ginia especially, and to a slight extent elsewhere, there has been collusion be tween the distiller and the gauger and storekeeper by which more whisky is made than the gauger reports. The way this has been done is very simple, so simple in fact that it is very hard to detect it. The gauger is required by law to stand at the spout through which every drop of distilled spirits must come, and as soon as one barrel is filled he must roll that barrel into his storehouse, which has in it one door and no windows, the one door being locked with a special kind of key fur nished by the government. Then he must roll under the spout another bar rel just like it. Every pound of grain the distiller purchases must be ac counted for in the quantity of spirits distilled, but there is a margin of 20 per cent.; that is, the distilled spirits gauged must be 80 per cent, of the maximum amount which that kind of grain can produce. After this 80 per cent, has been gauged by the gauger the custom has grown up for him to look the other way or go out for a short walk, varying in length from a half hour to several hours, during which time the distiller is catching whisky from the spout in a private ves sel and rolling it down the hill. This is the most common way for the govern ment to be defrauded of the revenue, although there are other devices, all of which, however, must be with the col lusion of the government gauger. This official may not always be a willing partner with the defrauding distiller, although the distiller making from $50 to $100 a day by saving a dollar and ten cents on every gallon can well afford to give a portion to the gauger. But of ten the gauger is an unwilling- party to the fraud. Sometimes when a gauger is sent to take charge at a distillery about to be started the distiiler calls him aside and asks him if he proposes to shut him off when he has made the 80 per cent, of spirits which he gauges according to law. "Yes, of course," replies the gau ger. Upon this the distiller declares that he will not then operate his still at all. He says to the gauger: "You just go home and think this thing over." The gauger, who has his family to support, and who has come some dis tarce, paying his own expenses, is up against the question whether he will have no job or make terms with the distiller. And he often takes the latter alternative. Owing to the operation of the Watts law in North Carolina, which forbids a distillery anywhere in the State except inside incorporated towns of a thou sand inhabitants, a large number of distilleries moved from that State into Virginia. Since the revenue inspect ors, who are charged with espionage over the distilleries, have not been in creased in Virginia until within the past two or three months, a system of wholesale fraud has grown up specially in that State. Commissioner Capers has had the force increased by four revenue agents, who have under them some fifteen or more special inspectors. These have unearthed the frauds, and are now making daily raids. It is said that some of the largest and most powerful distilleries in Virginia will be raided before the campaign is over with, and some men high up in social life may be convicted of fraud.?Zach McGhee, in The State. See our line of Couches and Lounges, upholstered in imitation of leateer and velours in different colors, with best quality of springs, at prices that will be money saved for you. S. M. & E. H. Wilkes & Co. Odell-Finley. Mr. P. W. Finley and Miss Ella Odell were united in marriage last Sunday afternoon at 3 o'clock at the home of the bride's parents, Mr. and Mrs. J. N. Odell, near Mt. Olive church. The cere mony was performed by Rev. J. A. Martin, of Cross Hill, in the presence of a large number of relatives and friends. The groom is a son of Mr. John R. Finley, and is a promising young far mer of Madden, while the bride is a young lady of many accomplishments and a favorite among a wide circle of friends. N. B. Dial, President, Chas. H. Roper, Cashier, L. G. Balle, Jr., Asst. Cashier DIRECTORS C. E. Kennedy. M. J. Owings, J. W. Copeland, C. H. Roper, S. M. Wilkes, R. L. Gray, W. J. Fleming, N. B. Dial. Saving; Has Been the Saving of Many a Man. And the rainy day?sickness and lay-offs are pretty certain to occur in the life of every man. It is THEN the SAVINGS ACCOUNT is a good thing in deed. Start "Yours" Today We pay 4 per cent in Savings department and 5 per cent on Time Certifi cates. Small accounts just as welcome as the big ones. We treat all alike? courteously, carefully, pleasantly. The Enterprise Bank Capital $100,000.00 Laurens, S. C. bdoooqoooqoc sec aosococsoc MAKE YOUR MONEY I - - COUNT - - j Owing to some contemplated changes in our business in January it % 8makes it necessary to reduce our Big Stock by that time to the lowest a point possible and if in need of any goods in our line you can save money h by using this opportunity. 8 F% Everything in our stock will be sold at a reduction that will make J ?it to the mterest of the buyer to use the opportunity and we invite you ^ to come and see us. a Stock consists of furniture of all kinds, stoves, crockery, glass ware, matting, rugs, art squares, pictures, lamps, sewing machines, organs, trunks, mattresses, bed springs, in fact nearly everything needed in i house keeping. Come and see us and save money. Reduced Prices Cash. s 1 Yours Truly The Caine & Pitts Furniture Co. j No. 105 W. Main Street. Next door to Laurens Drug Co. g SOUTH & WESTERN WILL LEASE C. & W. C. Statement Made That New Road Will Use C. & W. C. Track From Spartanburg to Greenwood. Anderson. Nov 19.?The South & Western Railroad has practically made arrangements with the Charleston & Western Carolina road to use the tracks of the latter between Spartanburg and Greenwood, via Laurens, sixty miles in length. There has been no effort on the part of the South & Western offi cials to buy outright the tracks of the Charleston & Western Carolina road. Mr. J. A. Brock, president of several Anderson cotton mills and a director in the Charleston & Western Carolina road, gave this information to this cor respondent today when he returned from a directors' meeting of the road held in Charleston yesterday. "The purpose of the South & Wes tern people was not brought up at the meeting yesterday. This meeting was the annual one and was only formal," said Mr. Brock. "However I had a private conversa tion," said Mr. Brock, "with Mr. Wal ters, first vice president of the Charles ton & Western Carolina road, and he told me that President Carter, of the South & Western road, had approached him on two occasions to get trackage arrangements between Spartanburg and Greenwood, via Laurens. "Walters said that while the con tract had not been signed it has been practically arranged for a track be tween Spartanburg and Laurens to be let to the South & Western. Mr, Walters says that the people backing the South & Western road have money and mean business." Mr. Brock was asked what the South & Western would do after it got to Greenwood. He replied, "I do not know, and I do not think Mr. Walters does." It is said, however, in railroad circles that Greenwood will be made a distributing point, and that the road will go from that point directly to Sa vannah. "I asked Mr. Walters why the South & Western did not use the tracks of the Columbia, Newberry & Laurens from Lturens to Charleston. He said that heavier rails and heavier roadbeds would be necessary for the class of freight to be hauled. Mr. Brock was asked what had been done towardB constructing the South & Western road. He replied: "The South & Western has about ninety miles of track completed and in operation. It commences at Elk horn, Ky., and goes direct to Spartanburg. The distance between these points is approximately three hundred miles. The completon of the road from Elkhorn to a |K>int in South Carolinn or Georgia means the opening up of more than three hundred thousand acres of coal lands." Concerning "Christian Name*." May one Interject a gentle protest ogaiust the use of the phrase "Chris tian name". In this conueetlou? Tha Kornaus said praenomeu, the French soy preuom, and wo have used the word "forename" for tho last 305 years. It is as Incorrect to speak of the Christian name of a Jew, for ex ample, as It would he hopeless to ex pect a Christmas card from a Jewish rabbi. Again, tho middle uame of a Roman was his gontile name?that of hia gens. On the snrfnee, what a prot ty confusion of Ideas it would have been to have spoken of tho name as at once gentile and Christian!?Londou Notes and Queries. Fiction Ready Mado. "Have you ever read any of Mrs. Galley'B stories ?" "Yes; they're awfully Improbable, aren't they? I don't see how sho Im agines such things." "She doesn't Imagine them. She just makes notes of tho excuses her hus band gives her when he gets home lato at night."?Philadelphia Tress. Thanksgiving: is Coming and our country is preparing to welcome it with feasts and joyous songs. Yes, there is plenty to be thankful for. Among other things --the display of Fine Dress Goods and Fashionable Millinery ?now offered to the Public, on our counters, unmatchable in quality and pleasing in price. Let us help you along the joyous season by pointing out the satisfaction and saving offered to the public Right Here a splendid chance to gobble up Bargains while Turkey feathers are flying and pumpkins are are going to squash. ...Stop at Tlie Hub this Week... The HUB Laurens, S. C. THANKSGIVING We wish to thank everyone for the support and encouragement we have received during the past year. We thank you for the good words spoken in our behalf, knowing your confidence has not been misplaced. We will in the future, as in the past, strive to deserve your friendship and to satisfy you in every way by marking our goods so low that no one will have cause for complaint. Call to inspect the following lines and their prices. CLOTHES On Which You Can Rely, We have been satisfactorily supplying the most careful men in Laurens for many years. Our business has been in creasing steadily. Wc buy from re liable makers only, and personally see that fabrics, tailoring, and styles are first class in every detail. Our reputa tion has been built by giving the best clothing for the smallest amount of money. To depart from this giving of values, would be our ruin, and we know it. That is the main reason you can rely on the clothes you buy from us. Michaels-Stern's Suits and Overcoats are famed for their style, fit, finish and fabrics. They never fail to satisfy. Prices $15, $18, $20 and $25. Our popular priced clothing is practi cally and stylishly made of good ma terials. Unusual values at $7.50, $10 and $12.50. Young Men's Suits in nobby styles. Ours wear longer than others at these reasonable prices $7.50, $10, $12.50 and $15. Hoys' Suits. Takes sturdy suits of durable goods to last any length of time on most boys. Try one of ours if you want long, satisfactory service. Low prices $2 and $5. Blankets and Comforts You can be thankful that wc .-.till have a large and pleasing line of Bed Coverings. If we hadn't had i plentiful stock, we'd be sold out by now. As it is, wc arc still in splendid shape to serve you with Blan kets and Comforts of all kinds and at all popular prices. All-wool Blankets in while, red and gray with neat borders and silk bound. 10-4 size and $5 pair. The very best all-wool Blankets bound with silk. Handsome red, blue and pink, woven borders. ii-.| size. Big values at $6.50. XO-4 Blankets of selected wool in white and col ors. Neat borders and bound ends #3.50 and pair. Cotton Blankets of surpassing or gray. Values worth considering $1.50 pair. quality. White 98c, $l.OO and Comforts of good materials. Dainty borders in red, pink, blue and green. Warm coverings for cold nights at warm prices 98c, Si.50 and #5.00. Attractive Dress Goods Kveryone is attracted to these beautiful Dress Mater ials. The charm of the colorings, the soft beauty of the textures, the superior qualities at low prices, all combine to make this the dress goods display in Laurens. Our popular Broadcloths in black and every shade of brown, navy, garnet, tan and castor. Really worth more than #1.00 yard. Black goods. We arc showing a large and attractive line of Panama, Mohair, Serge, Batiste, Nuns' Wiling, etc. Kxeellcnt materials at #1.00 yard. Taffeta .Silk in black, brown and garnet. Handsome quality temptingly priced #1.20 yard. Taffeta .Silk in black, brown and garnet and attractive patterns for waists ">o yard. Beau de Soie ??k. Easy to ph ase- you with these beautiful goods. Two fine grades in black at #1.00 and $1.25 yard. 50c Dress Goods. Repcllants, 5S inches wide, yard 50c. Panama, ?Serge, Batiste and fancy plaid, etc. High grade materials at a low grade price 50c yard. Our 25c goods are biggest values we have ever offered. SHOES Our Tan Shoes for La= dies' have arrived and going fast. Dark brown and golden brown at $3 and $3.50 pair. J.E. MINTER& BRO. The Reliable Store.