The county record. [volume] (Kingstree, S.C.) 1885-1975, March 24, 1904, Image 7

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DOWNFALL OF SULLY Scenes of Unprecedented Frenzy Foliou the Announcement PANDEMONIUM IN THE COTTON PIT, "VN"it!iin s Few Minutes the Staple : Fell $t,* a Bale?The Bears Frantic i W ith Joy?Coats Torn in the Had j Rush to Unload. New York Special.?Daniel J. Sully, the cot ten operator, who has for the past fifteen months been the biggest figure- in the cotton markets of the world. nrul who has "bulled" cotton from 7 cents a pormd to over 17. announced his inability to make good iis engagements on the New York cotton exchange Friday. With a few moments cotton fell nearly $13 a bale from the highest figures of the day. Seen* s such as followed the announcement of the failure it has been the privilege of few brokers to witness before. Traders in the street ha\e witnessed stock panics in previous years; corners have been broken. and many crashes have been recorded. but none has ben accompanied bv such frenzy and confusion. While there has been 110 premonition of the impending crash, no morning of the season had witnessed a more demoralized market. In less ihan ten minutes after the opening "half a cent had been taken off the price of cotton. Prices went up and down. 10, 20 and 30 points, within two and three minutes. May opened at 15.22, and went down to 14.75 In less than fifteen minutes, while July, opening at 15.22, went down to 14.86. Toward the end of the first half hour early sellers started to cover, and ihere was nothing In the news to aecounr for the excitement. It seemed merely a renewal of the operations . and the catching of further stop orders. Shrotly after the noon sesion, however. there was alull in the pit. and at about five minutes before two o'clock, the annuoncement of the suspension was made by Superintendent King, who read from the rostrum this notice: "We regret that we are unable to meet our engagements, and therefore will have to suspend. "DANIEL J. SULLY & CO." For & few seconds there whs an ominous quiet over the floor, as though The news had stunned all within hearing of its announcement. Then , with one impulse a mighty shout went up from the bears, they who had been fighting Sully and the bull clique for months. Hats were thrown into the air to fall where they would, a moment later to he trampled upon in the stampede for the pit. Coats were lorn by f-antic brokers in tneir mau effort to unload their holdings, and chairs and camp-stools were dashed into the pit to emphasize some effort to sell. Messengers were rushing in and out of the building with orders tc- buy or sell; telephone booths were besieged and telegraph offices were flooded with dispatches. Outside the cotton exchange appearances gave little indication of the pandemonium within until the messengers began to rush between the exchange and the brokers' offices. Soon the news reached the stock, produce and coffee exchanges, and Traders on these markets hastened to the scene of the panic. Crowds assailed the entrance to the visitors gallory. bat n double guard was placed at the doors and" admittance was re fnsed to al! bur those accompanieu by members. It was estimated that something like three auarters of a million bales of cotton were traded in the 20 minutes of the panic that followed the announcement, and that of this upwards of half a million bales represented enforced liquidation, or the selling out of men whose margins have been nearly if not quite wiped out. As the market slumped 2o0 points during this period, the loss falling on this element amounted to something over a million dollars. Minor riention. Highwaymen at Wttkesbarre. Pa., held tip and robbed .Mr. and Mrs. llenjamin Weltzenkorn of valuables and money to the amount of $1,000. 1 A decision discimming the appeal of Cain file Weidenfeld from a decree in the United States Circuit Court dismissing the appellant's intervening petition in the case of Peter Power again-; the Northern Pacific Railway OoTpany was handed down by the 1 liited States Circuit Court Of Appeals at St. Paul, Minn. The Russian forces have crossed the Yalu and are mostly concentrated in the I-iao Tung peninsula, in order to defend Port Arthur's line of com muni? ntions. Protection loraeais. Warrington. Special.?The Senate passed without discussion the joint resolution authorizing the President to negotiate with the government of Groat H-itain to secure a review of the regulations for catching fur-bearing seals in Alaska, so as to obtain an abatement of the killing of female seals and thus preserve the sealing industry. John Flood D^ad. New York. Special.?John Flood, who fought John L. Sullivan nine rounds on a barge anchored in the Kast river near Hell Gate in 1S80. died suddenly here Wednesday. Heart disease is believed,to have been responsible. Flood was 55 years old. and apparently in pjrfc t health. He was employed as a detective by a firm of horse dealers an 1 was well knowr. to horsemen throughout the country. * I SEPULCRER OF WADE HAMPTON j Handsome,Stately Mausoleum Marks [ the spot. Over the sepulcher of Wade Hampton. soldier, patriot and statesman. | was placed oil Saturday ai Columbia. J a marble tomb, massive and beautiful j in its simplicity. The base is of grain i jJ white marble supporting another | ledge of pure Carrarra marble. At ; the four corners of this second ledge are short coinnins supporting a reeiini- j bent slab. a!<o of Italian marble. The inscription reads: Sacred to the memory of WADE HAMPTON. 1M!1?Lieut. General. C. S. A.? son of Wade ami Ann Fitsimons Hampton. Horn in Charleston March 28. 1818. Died in Columbia April 11. 1902. "Whole hearted, true hearted, faithful and loyal." "Thine, O Lord, is the greatness and the power and the glory and the victory and the majesty, and in thine hand it is to make great and to give strength."?1 Chronicles. 29 chapter. 11 verse. The grave is under the live oak in the northwest corner of Trinity churchyard where so many of the illustrious name sleep the long sleep. The mausoleum was built by the South Carolina Marble works of this city and is creditably done. The equestrain statue to be erectel by the State within the coming year will be placed on a spot on the capitol grounds overlooking the grave of South Carolina's greatest son. Two Aged flen Dead. Greenville, Special.?Mr. J. Barney Hawkins, of Paris Mountain township, died at his home on the 17th inst.. after only a week's illness, aged 75 years. He was a respectable and popular citizen, enjoying the confidence of his neighbors and the good will of all who knew him. leading the honest life of a farmer and respected for his close adherence to an honorable calling. Mr. Henry Williams, the oldest citizen of Pickens county, passed away a few weeks ago a this home in the n-a?n- t. t _v. I i i i_ ? reiei s V/rc?K uejgnuoruoou, wuere iiu was living alone upon his farm. Mr. Williams had many friends and relatives in the county and he was known and venerated throughout all this region. He was 97 years of age. a hale and hearty specimen of manhood until quite recently, and thoroughly independent under all circumstances. His home was somewhat isolated and his children could never persuade him to leave there. Oil Mill for Starr. Anderson. Special.?The indications are that a cotton seed oil mill will soon be built at Starr. 10 miles south of here. The plan is to have the stockholders among farmers exclusively, so that some concerted effort may be made toward securing more equitable prices for seed, as well as to gain the advantages of short hauls for seed and meal and hulls that a mill right in the community will give. Mr. Levi N. (Jeer. a snrewd and capable business man who was elected president of the new Independent cotton seed oil company recently organized here, is the prospective president. The mill will follow very closely the pldn and organization of the new Peoples' Oil and Fertilizer Company. Will Develop Water Power. Laurens. Special.?The Boyd's mill property, located on Reedy river 11 miles west of Laurens, has been acquired by Messrs. X. B. Dial. J. 0. C. Fleming and Joseph H. Sullivan, of this city. It is the purpose of these gentlemen to convert the old mill into a modern flouring and grist mill, probably at an early day. and to make other improvements on the property from time to time with the view of eventually developing the shoals, a splendid waterfall. for larger things. This property is in a fine section of the country and its development in conjunction with that so well projected at Wares Shoals, on Saluda river, only a few miles distant, would mean additional progress and prosperity in western Laurens county. Will Build Larger. Burlington, Special.? Asurvoy has been made and a site purchased for a hosiery mill. Burlington has already two hosiery mills doing a tine business. but one of these mill has out grown its present quarters and will uc rebuilt on an extensive scale. St. Petersburg. Special.?Russian troops continue to pour into North Korea. They are in excellent condition. Seven Thousand Damages. Winston-Salem. N. C... Special.? The twenty thousand dollar damage suit instituted by Rufus Jones against the American Warehouse Company, of Spray, for injuries received by plaintiff while in the emoloy of tho defendant's mill, was concluding Saturday afternoon by the jury awarding Jones $7,000. It required four days to try the case. The defendant will appeal to the Supreme Court. New Hotel Project. Andt rson. Special.?There is a strong probability that Anderson will have another modern hotel in the near future. York County Election. Yorkville, Special.?At a primary election held in York county Saturday for probate judge 1,330 votes were cast as follows: Biook3 Inman. Krank P. McCain. 257: L. W. Williams, 874. Mr. Williams is elected en iirst prim-' ary and will make a good probate judge. Dispensary was closed and the most quiet election we have ever had was held. The new anti-treating law being in effect, no liquor was in evidence. t / / A VIGOROUS ATTACK Report Indicates That Japanese Have the Best of the Fight QUITE AN INTERESTING DOCUMENT The PJucky Jsps Seem to hnve Given Russia a Knock out Blow at Port Arthur in th_- Fourth Attack on That Town. Toko. By Cable.?Official and priavte reports both indicate that Admiral Togo's fourth attack on Port Arthur on the 10th instant was the most effe-tive since the first assault of a month ago. One Russian torpedo boat destroyer was sunk and several Russian torpedo boats seriously damaged. The fortifications and city were submitted to a heavy bombardment lasting nearly lour hours. The naval bombardments of the land works .have generally been ineffective, yet the peculiar topographical conditions of Port Arthur make immunity from serious loss from bombardment almost impossible. Admiral Togo's torpedo flotilla opened the action by boldly steaming in under the batteries of mechanical mines in the harbor. The closing action was the bombardment of the inner harbor by the Japanese battleships. The latter took a position southwest of Port Arthur and used only their twelve-inch guns. There were twenty-four twelve-inch guns in the squadron of six battleships, and each gdn fired five rounds, making a total of 120 huge projectiles that were fired at the city. The bombardment was deliberate and carefully planned. In order to aid in perfecting the firing Admiral Togo stationed the cruisers in a position uue east 01 tuu entrance to the harbor, and at right angles to the battleships. The cruisers observed the range and effect, of the firing and signaled the results and suggestions by wireless telegraphy. Admiral Togo was unable to learn definitely the results of the bombardment, but later private reports indicate that much destruction was caused in the city where serious fires broke out There also was damage to batteries. Capt Shokiro Asai. commanding the flotilla of torpedo boat destroyers, had only three destroyers, but attacked the six Russian destroyers, ordered hi? craft to close in with the enemy. He steamed so close to the enemy's destroyers that they almost touched, and a most desperate conflict ensued, from which the Russians retired badly disabled. The Japanese flotilla which sunk the mines at the mouth of the harbor later engaged two Russian destroyers. This flotilla was commanded by Commander Tsucbiya. Admiral Togo's object in sending cruisers to Talien Wan Bay was to encompass the destruction of a signal station mine depot at Sam Shanto. This object was achieved and tne Dunaings were uemousneu. Rear Admiral Dewa and Urin participated in the operations under Admiral Togo, the details of whose operations became known in Japan only Sunday. The news created intense enthusiasm. Admiral Togo's report came last night, and but it was withheld until shown to the Emperor. Admiral Togo is permanently numbered among the heroes of the empire. The latest report places the Japanese less at nine killed, five seriously wounded and seventeen slightly hurt. The Japanese fleet was not damaged in the fighting. Amer'cans Remove. Chemulpo, By Cable.?The United State? cruiser Cincinnati returned here with a number of American refugees from the American Company's mines at Unsan and missions in that vicinity. The party consists of three men and 22 women and children. All arc well. They praise the kindness of the officers of the Cincinnati, who gave up their cabins to them. The refugees traveled from Unsan to Chinnampo in carts bearing American flags and wen escorted as far as Ping Yang by a band from the mines. They were unmolested. Near Anju they met two small groups of Cossacks. During the party's stay at Ping Yang the Japanese officials requested them to wear badges bearing the American colors, in order that they may be allowed to leave and on*er the town freely. The party was stopped.five times by Japanese soldiers, of whom the party saw great numbers along the road to the coast. The Japanese treated them very courteous!). Balfour Defeated. London, Special.?Premier Balfour's. government was defeated in the House of Commons by the combined Liberal and National vote. This reverse was due to the prohibition by Mr. Wwynham. chief secretary for Ireland, of the Irish Nationalist schools. Mr. Balfour though defeated by a majority of 11 on this question, does not regard tue vote as one of want of confidence and he will not resign on this account. His determination not to resign was strengthened by the fact that shortly after the foregoing defeat he was able to secure a majority of 23. News in Notes. Senator Tillman's throat trouble has practically disappeared and he has recovered so greatly from his attack of the grippe that it is expected he will leave Washington for the South not later than the end of the week. Chief Justice Clark, of the North Carolina Supreme Court, on Tuesday bound V. B. McBee over to court on a $2,000 justified bond for conspiracy in i the A. & N. C. Railroad receivership matter. A PENSION RULING.! A Scheme to Reduce the Expenses of the Department REGULAR RATES ARE INSTITUTED ? - - I It is Claimed the Order Will S*ve the Government at L.-ast S,?oo,ooo v ! a V car. A Wednesday special from Washington says: Commissioner of Pensions Ware, with the approval of Secretary Hitchcock. promulgated the most important : pension ruling that has been issued in a long time. It directs that beginning April 13, next, if there is no contrary evidence and all other legal requirements have been met, claimants for pensions under the general act of June 27. 1890, who arc over 62 years old shall be constituted as disabled one-half In ability to perform manual labor and shall be entitled to $6 per month; over 06 years. $8; over 68 years. {10, and over 70 years, $12. the usual allowances at higher rates continuing for disabilities other than age. This order will not be retroactive. Commissioner Ware just before leaving for a trip 9outh for his health said the order would save both the old sol diers and the government a great deal of money and time. He said it was based on the Mexican war pension legislation of 1887, approved by President Cleveland, which placed all the Mexican war veterans on the pension roll 39 years after the close of the war. At the expiration of service a Mexican war soldier was entitled to a pension at 63 years, and no other requisite for drawing a pension should exist except age, that to soldiers of the civil war who fought vastly more and longer, at least as n^od a rule ought to apply. "The order could not have been Issued earlier because it is only now that the 39 years fixed by the congressional limit has been reached. The civil war ended April 13. 1865. Hence the thirtynine years would expire on the 13th of next month." Mr. Ware said the order would save the government at least $300,000 a year. He was not able to say what expense the bill would entail in the-shape of additional payments. "The extent to which it will augment the necessity for further appropriations cannot be told. It will, without doubt, increase the payments to some extent, but no one is able to fix the amount The bureau has not considered that as the proper element of consideration. I do not think, however, that the increased expense in the long run will be very noticeable, because the death rate is always to be considered, and there is also to be considered the fact tliat the ones to wnom we give me pension without proof other than their ages, would have prove themselves anyhow. under former circumstances, as entitled to the pension by reason of their disabilities." More Refugees Arrive. New York. Special.?The HamburgAmerican liner Blutcher, which arrived here, brought 1.765 steerage passengers. the majority of whom were refugees from Russia who fled the country to avoid serving in the army. Many of them gave accounts of their escape across the Rusisan frontier similar to those related by the men who came last week on the Graf Waldersee. Some of them were camped for two weeks near the frontier waiting for a chance to get away, one relator saying that his party, consisting of 127. waited twelve days in a thicket a short distance from the line while negotiations were in progress with the customs guards to let them cross the frontier. Another said that his party of ten were concealed for four days in the hay and straw stacks of the frontier post, where they eventually crossed into Prussia, ft was said that there are thousands along the frontier waiting for a chance to get across without passports. Mystery As to Whereabouts. Tokio. By Cable.?Tokio is unad vised regarding the naval plans and movements of the Russians, and is in , I doubt whether the remnant of their fleet is still at Port Arthur or is en route to Vladivostock. Late Wednesday afternoon a telegram reached the Xavv Department saying that seven Russian ships have been reported as passing Fort I.*tzarefT. The report was not circumstantial. It did not give the character of the ships or the direction in which they were sailing. It is anticipated that the Japanese, by their activity, will speedily determine the whereabouts and intentions of the Russians. Carnegie L-brarv for Winthrop. Rock Hill, S. C.. Special.?President D. B. Johnson, of Winthrop College, has been notified by Andrew Carnegie that he would give $20,000 for a school library on Winthrop campus. Xo definite plan^ have been made for the ?itP in- in iAct any of the details, but a groat <leai\ of attention has always hc?n paid th* iilirary in this institution. and it is iv>w one of the best and , most complete iu the State, and so the new building wil be given a prominent place, and It is i'ow an assured thing. Vardaman's Veto Stands. Jackson. Miss.. Special.?'1 ne lower House indulged in a spirited debate on the veto of Governor Vardeman. of the bill for an appropriation for the benefit of negro educatio^^Vhe vote to pass the bill over (-vernor's veto was lost by a vog^^^e p 48, 72 votes being requiro^^^^V cN thereis dead. PUBLIC SCHOOL LIBRARIES Rules and Regulations Governing Their Establishment. The State board of education has passed the following rules and regulations governing the libraries in the public schools of the State to be established in accordance with the re- | cent act of the legislature: It shall bo the duly of the hoard of trustees to provide a substantial hookease before books are secured, and to require the same to be locked except when in actual use. The county superintendent and teachers shall give aid and advice to the trustees in selecting and ordering the library from the list adopted by the State board of education. The teacher shall be librarian during the school term; and the clerk of the hoard of trustees or some responsible person designated by the board shall be librarian during the vacation. The library may be moved from the school house during vacation by order of the board of trustees. The librarian shall properly label each volume, giving the number of the book, the name of the school, the name of the county; and shall catalogue the books, showing number, title and cost of each book. The librarian shall keep a record of the name of each book. The librarian shall keep a record of the name of each borrower and shall also record the number and title of each book loaned, together with dates on which it was loaned and returned. Every child attending school shall be entitled to the privileges of the library, but no person shajl be allowed to take two books at one time when other children are unsupplied. Persons living in the community, having no connection with the school, may take advantage of the library by ,.ino a Van nf rpntft annually In 1U6 t* *VV V? w ??W ? , _ advance. No person shall have the right to loan books outside of his own household, under penalty of 10 cents for each offense. No person shall keep the book longer than two weeks under penalty of 1 cent a day for each day he may so retain It, and only one renewal shall bo allowed. The librarian shall designate such books as may be of constant use In the school, as supplementary or reference books, and these shall not be removed from the school during the session. On the return of al book to the library the librarian shall ascertain what damage. if any, has been sustained by it; and shall charge and collect the amount of fine accordingly. If a book Is lost. It shall be paid for in full; and any one refusing to pay a fine thereby forfeits further use of the library. All fines, fees and other such moneys shall be turned over to the trustees and shall he devoted to the maintenance and improvement of the library. It shall be the duty of the librarian t., collect all of the books at the close cf the session, and to make a report to the trustees and to the county superintendent of education. The report to the county superintendent shall contain the following: The number of volumes purchased during the year. The number of volumes received by gift, during the year. The number of volumes loaned during the year (counting each volunns once each time it is loaned.) The amount of fines, fees. etc.. received during the year. Total number of volumes in the library. Total value of books and pooKcases. Want State Constable. Lancaster Special.?Sheriff John P. Hunter says that he hears many complaints from different sections of the county of whiskey selling. and that he would be glad if he could always apprehend the violators of the dispensary law and bring them to justice. but that he cannot neglect his other work in the sheriffs off.ee. But he says he is perfectly willing to give his spare time to looking after the violations of this as well as all other laws. He says that if a good, active man was appointed State Constable in thi# county whose duty It would be to look after blind tigers and nothing else, they would soon be run out of business, and many other violations of the law would cease. Palmetto Briefs. In court at Conway Judge Watts granted bail to \V. P. Nelson, charged with complicity in poisoning Sara While, in the sum of $500. White's wife is stiil in jail, and the voodoo doctor who is wanted is still at large. An autopsy was held and the contents of White's stomach was sent to Clemson for analysis. The case will not be tried at the present term of court. Justice Woods Friday reversed the decision of the circuit court in the case of John B. Moore, Sr., against the Catawba Power Co., of Rock Hill, for damages received from an explosion which occurred at the works last May.-Mr. Moore brought ?suit for $73.000 on the ground of gross negligence and carelessness, alleging that the machinery for the blast was deficient for said work in that said defendant furnished to and for the said work a battery for the purpose of exploding ''' - * ??? woti imnnr. the blast, wnicn utinc?? ?>aa feet and unsafe. The Seaboard Air Line has lef the contract for the erection of a $25,000 or $20,000 passenger depot station in Columbia. A little son of J. A. Campbell, superintendent of the Greenwood Mills, had the misfortune to have one of his legs so mangled that it had to be amputated, while riding on some cars in the Seaboard Air Line yards Friday. , An election will be held at Williamston on the 26th instant to determine the question of the issuance of bonds in the sum of $8,000 for the purpose of erecting a modern graded school building. It is thought that the bonds will be voted. v: PALMETTO MINTS ; GIVEN IN BRIEF Fruit Prospects. Tn the opinion of Mr. J. W. Bauer, flie section director, the frosts of last v < ck did no damage whatever to the coming poach crops here or anywhere < Ise in the State, with the possible exception of Edgefield county, where ice formation of the 11th possibly destroyed some of the earlier varieties which blocm early. The March cold periods have not been severe enough to injure the most delicate vegetables. The danger of freezes is not yet over, however, though there is no ground for and great alarm for the future in this section?so far as temperature is concerned. The freeze which occurred late in March, 1894. and which practically wiped out the orange and pineapple business in Florida, was an extraordinary occurrence which may not be expected to come again in a quarter of a century or longer, if it ever comes again. The general outlook for a full crop of all kinds of fruit in this section is favorable so far. What the insects will do for these crops later, however, is a matter that cannot be foretold. "Insects," said Mr. Bauer, "are the greatest of the farmer's enemiesworms, grubs and scale insects of various kinds. This condition may be said to be due to the steadily increasing prevalence of the smail boy with the gun. These boys who are out shooting robins ought to be 9panked, every one of them. Every robin they kill is worth from $5 to $10 in tne number of insects it would destroy if allowed to live. I mention the robin , particularly because he is about all others an insectiverous bird, though of course all birds are more or less so. Birds are. therefore, the farmer's best friends, and unless more effective means are adopted by the Legislature to protect them and encourage their propogation the insects wil become increasingly victorious in their war on the growing crops. "If the hirijs had been let alone la the last decade there would be enough of them here now to hold the army of insects in check. Nature is amply able to take care of herself. She has provided birds to hold these insects in check. To see people interfere with the scheme of nature with their eyes wide open and then to mourn over the consequences is one of the most paT lmoer Af " TUtUIC Slguis ? nuu-n v.?. The Mileage Book Law. The mileage book law will become effective March 25th. This is the new law to require the railroads to transport not only the purchaser of mileage books but members of his family. The bill was introduced by Dr. S. T. J}. Lancaster, of Spartanburg, and passed without a fight of consequence. The act. which was approved by the Governor February 25th, is quite specific and will be agreeable to the traveling public who use mileage books. "Be it enacted by the General Assembly of the State of South Carolina, That from and after the passage of this act every mileage ticket sold by any railroad company doing business in this State shall be valid and good for the carriage over the lines of said railroad, both for the purchaser at the time of purchase: Provided. That the name of any person so emuiwi w um said ticket shal be furnished in writins: to the railroad seling the same by the purchaser at the time of the purchase. and shal be inserted in the. ticket: Provided further. That this v act go into effect 30 days after its approval by the Governor." Picture Not Improper. Washington, Special.?In the Senate Thursday Mr. McLaurin presented and had read a letter from the Cincinnati firm which supplied the pictures on account of which arrests recently were made at Indianola and Leland, Miss., fn which Mr. McLaurin referred on S3t urdav last. The firm denied the manufacture of the pictures of an improper character. Palmetto Briefs. The case of A. J. Thomas against G. H. Cutting & Co., for injuries received during the erecting of the Baptist church in Spartanburg came up in that city Friday in Magistrate Paslay's court. Ralph Carson represented the defendant and I. A. Phifer the Tho ninintifr was eiven S99. planum. a ??v 0 T 90, the amount sued for. Tt is within the range of probabilities that Greenville will furnish a candidate for Congress this year, and the matter is being discussed to a considerable extent in connection with the name of Mr. B. A. Morgan, a prominent lawyer of this city and for the last six years an active and useful member of the Legislature. The Governor offered a number of ' rewards last week for incendiaries. A reward of $100 will be paid for the arrest of the parties who burned the barn of Mr.-W. R. Bishop, in Barnwell county. January 25th; $100 for the partie? who burned the store house of Mr. A. C. Phillips in Laurens county January 6th; $100 for the parties who burned the store of Mr. J. T. Wideman in Greenwood county February 24th. A reward of $100 was also offered for the arrest of Jim Johnson, who murdered John Christie in Greenwood county. * siVi.