The watchman and southron. (Sumter, S.C.) 1881-1930, June 07, 1893, Image 1

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*THB SUMTER WATCHMAN, Established- April, IS50. 'Be Just aud Fear not-Let all the Ends thou Aims't at. be thy Country's, thy God's and Truth's "_^_ *K$K SOtfTB?BON, Katablhhed Jun?; l Consolidated Aug. 2, ISSU SUMTER, S. C., WEDNESDAY, JUNE 7, 1893. New Series-Vol. 111. Xo. 45; u Che Sfaidnnan an) jsou? ora*. Published Svexy Ye?aesda.y> -BY 3NT. Car. Osteen, SUMTER, S. C. TBRM5 : Two Dollars per annum-io advance. ADVBRTISBMSKT: 'One Square first insertion.^,.$1 00 ISvrry subsequent insertion.50 Contracts for three months, or lodger will 'be made at rt-durrd rates Ail communications which subserve primate ints*regts will bvrfearged for HS advert borneo ?S-. Obituaries acd tributes of respect will be charged for. PERN MUTUAL .Life Insurance COMPANY. PHILADELPHIA. We sell life insurance-this is our business; we Ve been ai it forty-five .years and know mach of its possibilities and limitations. This isn't strange. We sel! Hfe insurance at cost, AT EXACT COST, strange as it may ?eeai. The reason is that we sell it to our ?elves? and ourselves include alf who are now members of the PENN MUTUAL LIFE, or who may be ?ome such; that is, we are charted, ?quipped, conducted for this very pur? pose and no other. We have been suc? cessful-extremely so, when measured by ?asl standards-as wi 1 be freely ad? mitted by our competitors. Exaetcost excludes the idea of profit to anyone except the i -sured or his family; and there isn't a mill of profit to any one e-se. Expenses there are. Statics ?re paid officers and clerks and doctors, and occasionally fees to lawyers for investigation of titles, etc.,with taxes to the State, etc. Agents are paid commissions. All these expenses are kept at a minimun by a board of trustees chosen from policy-holders There is therefore unity, no diversity of interest -each being interested for al!, all the time, because of his individual interest. . .The proof of these things rests large iy in the knowledge of the insured ; and in the statement of results under different plans and conditions of rn sur- ! ?nee carried through a series ot years. Thus an Ordioary Life Policy for $5,000 hat been earned through forty ??e year9 at ; an average cost ot $8.51 per year per thou? sand ; tbe paid np insurance wouid now be $4,060, the cash reserve is^omething in excess ef$3,400. A Ten-Payment Life Policy for ?10,000 cost in gross p rea i nm 3 $4.29-2 Surplus has been applied to'iocrease the iusurauce, ?Inch sow amounts to $15,648, and is yearly in? creasing. A Fifteen-Year Endowment Pol i ey for. $5,000 which bas m e. tu red and been paid ^os bat$3,81 i 25, tbas reluming a large profit .o tbe investment in additiou to the insur? ance throughout tbe period. A variety of illustrations, including * concise explanation of the principles of insurance, may be had for the asking*. Address % A.C. PHEPLS, GENERAL AGENT, SUMTER, S. C. NEW MARBLE WORKS, COMMANDER & RICHARDSON, LIBERTY STREET, SUMTER, S. C. WE BAVE FORMED A CO-PARTSERSBIP For the purpose of working Marble and Granite, manufacturing lints, Mimi, lt And doing a General Business in that line. A complete workshop bas been fitted up on LIBERTY STREET, NBAR POST OFFICE And we are now ready to execute with promptness all orders consigned to us. Satis? faction guaranteed. ?tt>tain our price before placing an order elsewhere. W. H. COMMANDER, G. E. RICHARDSON. Jane 16. ANNOUNCEMENT. ROBERT T. CARR, Desires to inform tbe public-th*t be is fully, equipped and prepared to do TIN ROOFING. PLUMB!N6,*REPAIRiMfi PUMPS, and anything usually done in a first-class plumbing and tinning shop. -Also SETTING FANCY WOOD AND GARBLE MANTLES, TILE HEARTHS, FACINGS and GRATES-. Makes a specialty of potting ia Electric Bells, Annunciators, ?peakinz Tubes, &c. RU?T. T. CARR. Sbop at J. B. Carr's Mill. Communications left at Walsh & Co's Shoe S*ore or through post office "aril! receive prompt attention. Oct 26-o J03. F. RHAME. WM. C. DAVIS. RHAME & ?AVIS, ATTORNEYS AT LAW, MANNING, S. C. Attend to business in any part of the State Practice in U. S. Courts. Sept. 21-x._ BRI ALHI J DENTIST. Office ?.VER BROWN & J BROWN'S STORE, Entrance on Main St'eet Between Brown & Brown and Durant & Son. OFFICE HOURS : 9 to 1.30; 2 to 5 o'clock. April 29. If you want & FIRST-CLASS EASY-RIDING Road Cart, AT A. REASON A LE PRICE, GET A> Genese?, m I STEFFENS k SON j Wholesale Agents,. Charleston,, S, C. ! . ? THE Sumter ' Institute. THE RESTITUTE has opened its eessfows under very auspicious circumstances. The boarditvg department is wefl appointed and the rooms axe rapidly (filing up. Those desiring rooms should*apply at an early day. The Art room bag heerv enlarged and re?lted, affording ample light, and all necessary facilities for ?rood work. Special lessons in Painting aTA? Drawing, each $15 a term ; in Book-keeping, Sieno graphy, Typewriting and Penmanship, each 3*10* term; Lictruniental and Vocal ifusic each $20 a term, with $3 for use of instru? ment for practice. Elocution ?7 50 a term. Students will be received for any of these special coursPS:at any time during the year, And we solicit patronage of the young ladies of the city not regularly entered in the School. For further information applv to ?. PSA SK "WILSON, President, j ?8B0MIFS COIXEGE, Aujrcs?3?-Ga. O:ieof thc mo<t com fictc In>;ituii-?i?- ?:i th .-Vt 'th. Actual Business; College Gorrencv. Many cradirat.s iii cood paying positions. Kuli course, i ta "uths. Shorthand and Typewrit?g a!sc OTtht. Free tr'n! ?cs<o'is Send for cirr"**?-. ? Office and Mills at Junction of W TIESISHNKDS KATHUML BINK OF SUMTER STATE, CITY AND COUNTY DEPOSI? TORY, SUMTER, S. C. Paid ap Capilar , , . . . S-75,.0Ofr 0<* Surplus Fund. 11,500 09 Transacts a G?enera? Banking Business. Careful attention given to collections. SAVINGS DEPARTMENT, Deposits of Si and upwards received. In? teresi allowed at the rate of 4 per cent, per annum. Payable quarterly, on first days of J-inuary. April, July and October. ft M. WALLACE, L. S. CARSON, President. Aug 7. Cashier. H. A. HOYT, JSAliV STKEET, SUMTER, S. C.. GOLD AND SILVER WATCHES, FINE DIAMONDS, Clocks, Ja-srelry, Spectacles, MERIDEN BRITANIA SILVERWARE, &c. REPAI?WG A SPE?i^I/TY. Feb. 1 I WHITE & SON, Fije Insurance Agency, ESTABLISHED 1866. Represent, among other Compaoies : LIVERPOOL & LONDON & GLOBE, NORTH BRITISH k MERCANTILE, HOME, of New York. UNDERWRITERS' AGENCY, N. Y., LANCASTER INSURANCE CO: Capital represented $75,0u0,000. Feb. 12_ BEST" AND CrIEAPEST ALL GOODS GUARANTEED, Estimates furnished by return mail. Large Stock, Prompt Shipme: ts, Gi. i nm s co., MANUFACTURERS OF AND WHOLE? SALE LEA LERS IN U?? SASH, BUM, MOULDING ?AND GSN&3AL BUILDING" MATERIAL, Office and Salesrooms, 10 uni 1 i Hay ne St. CHARLESTON, S. C. Jan. 25-0 L.D. JOHNSTON, j SUMTER, S. C. -THE Practical Carpenter, Contractor and Builder,. TTTOULD RESPECTFULLY inform the W citiz-ns of Sumter and surrounding,' country that he is prepared to furnish plans, and estimates on brick and wooden buildings All work entrusted to him- will be done first das?. SATISFACTION GUARANTEED. Aug l?> o NOTICE. rriHE SUPERVISOR OF REGISTRATION I will be in bia office on Saiesday of each month, for the purpose ot issuing certificates j of Registration to all persons who bare be come twenty-one years of age since the last General election. A ?so tiansfers to those who have changed place of residence. VV. S. JAMES, Supervisor of Registration, Dec. 7, Highest of all in Leavening P<* SUMTER, S. C. CITY AND COUNTY DEPOSITORY. Transacts a general Banking business. Also has A Savings Bank Department, Deposits of Si 00 and upwards received, interest calculated at the rate of 4 per cent, oer annum, payable quartprly. W*. F. B. HAYNSWORTH, W. F. RATA?B, President. Cashier*. JTBTCABK, Contractor and Builder, Sumter, S. O. DEALER IN Rough and Piar.ed Lumber, Doors, Blinds, Sash, Laths, Cypress Shingles, Lime, Glass and General Building Supplies. Mill Work Of all kinds made to order, such as MANTLES, DIOR AND WINDOW FRAMES, STORE FRONTS, MOULDINGS AND TURNED WORK OF EVERY DESCRIPTION. C. &. A.. and C. S. & N. R. R's. GINS! INSURE YOUR GINS -IN THE Assurance Company, OF LONDON,THE LARGEST COMPANY IN THE WORLD That takes fire risks on Gins. For particulars, etc, apply to ?LTAIO?T MOSES, AGENT. F. S.-We do also' a Gene? ral Fke Insurance Business, and represent the M?TUlL LIFE INSURANCE of New York,. the largest in the world. Aug. IT. Liberty Street Next to P. O'. SPECIAL ATTENTION Giveo to Compoand?D? Proser iptions VALUABLE PREMIUMS -GIVEN AWAY. Ropprs Calculator, A valuable book for a Farmer and Business Man. A BEAUTIFTL COLUMBIAN SOUVENIR SPOON. Tlc fselly M*M (Mer. THE GREAT SOUTHERN FAMILY -N E W S P A P E R, Offers to every yearly subscriber EITHER of the above Premiums -ABSOLUTELY FREE ! The Weekly News and Courier, 1 yewr (with Premium.) gi QQ The Weekly News and Courier, 6 months (without Premium.) 50 -SK.NO FOB SAMPLE COIMES AMU CIRCULARS, Address : Tfee Wee?y te ail Cor?, CHARLESTON, S, C. OTTOF WEITEES, WHOLESALE. LIQUOR DEALER, OFFICE AND SALESROOM : 1S3 East Eav, Charleston, S. C. Nov. 7-o G. W. DICK, D. D. S. Office over Levi Uro?.' Store, KN TRA NCR ON VAIN RT ii K KT. SUMTER, S. C. Q|5ce Hours-i* to 1.30; 2.30 to 5. ?rer.-.Lafe?f ?. S. GoVt Report. FELY PURE The Coast Line Cut-off. Now that it is settled beyond a doubt that the Atlantic Coast Line system* proposes to build the Man? chester atid: Augusta Road as far aR Denmark, the subject of the effect of such action upon the City of Charles? ton becomes a legitimate subject of discussion1. An attempt, which ema? nates from Savannah, has been made to show that the building of the Den? mark extension will result in cutting Charleston off from the main line of the Coast Line system as fully as the Wilson cut off has isolated Wilming? ton, and the same authority has gone a step further in its prognostications and predicted that Savannah would now become the southern terminus of j the Coast Line. Witfe a view to obtaining an intel? ligent understanding of th? matter a Reporter for the The News and Cou? rier has recently been ?mployed in obtaining expressions cf opinions from a number of persons on the subject, i In some cases the perons spoken to were leading railroad men, whose words in reference to the matter may be taken as expcit testimony, and in I other cases the people who were I asked to discuss the subject were : prominent men, wbespoke merely from a business standpoint, and who were not liable to be prejudiced one way or another, in their views Being Charleston men, and naturally jealous of her interests, these latter gentle? men, if they leaned either way, would have been prone to frown upon any? thing which promised to be prejudi? cial to this place. While no effort will be made to collate in regular order the result of what has been heard and learned, the opiuions given here are those which have been ex? pressed by the persons already refer? red to. In the first place there seems- to be not an iota of truth in the rumor that Savannah is to become the southern terminus of the Coast Line system. The idea is a rather far-fetched one to begib with. Well regulated roads, and, no one will question that the Coast Line comes in this category, are not in the habit of establishing a terminus wi a city in which it lias no immediate interest arid one which is not tapped by its line. Should the Coast Line build its extension to Den? mark it will still be one hu;:.ired and eighteen miles distant from Savannah. And, however close may be the traf? fic arrangements which that system proposes to make with the South Round Road, there are no facts- which go to show that the Coast Line people have evinced auy intention of acquir? ing a more permanent interest in the latter road. A gentlemen who bolds official relations wi'!' the Coast Line Road was asked to express an opinion on the probabilities of Savannah becom? ing the southern terminus of his sys? tem a few days ago. Ile said that he could not speak with any authority on the subject for the simple reason that the managers of the system had1 not expressed their intentions, but he did not mind adding that as far as he could understand the matter the pro? position was an absurd one and en? tirely without foundation in feck This would seem to dispose pretty effectually of one of the rumors which the proposed extension of the Man? chester and Augusta Road has- gi?en rise to. The statement &> the effect thal the new short cut will prove a disastrous blow to the interests of Charleston j has little mote foundation. A prorai I neut citizen and one not unfamiliar ! with railroad matters said yesterday : j "Granted that the road is built and ?granted further that the Coast Line system proposes- to carry all of ita through Northern travel over that route, where does the great injury to Charleston come in ? Where is the ! great difference between-having our Ashley Junction where it is or at Florence ? The difference is not so very great after all. If the through j trains on the road now actually j touched Charleston and stopped ever j so short a time the question would be dir :ent, but they do not. The Northern tourist is now whirled by us, and for ail he sees of it Charleston might as wei.' not be in existence. .'All that is claimed by the people who see in the. extension a blow at Charleston is-that this through traffic will be removed further from her gates. Through trafile is through traffic, and it does not much matter to Chirles ton business men whether it passes within seven or seventy miles of the city. Now, on the other hand, if the Coast Line authorities cease to use the Northeastern Road for thin through business they will have to find some i other means ol rendering that link in their system profitable to them The most reasonable way for llfem-to do this would be to use their uttermost' i endeavor to encourage travel from j I thc North aud< West to Charleston The Plant system would be in the i same position as regards th?: Charles i lan and Savannah link of their line, j only in the ease t heir toni i>ts would be those from all over America wi o were returning from- a winter's trip to Fh.ri.la. j "The through business by these ! routes having been suspended, hus!- j i ness would be solicled by both sys- I j terns with the specific idea of having . ? it stop in Charleston. No one can question that under such conditions-j j this city would be the gainer, and ; j would get many more visitors than ! sin; does now with them being whirl? ed by''Ashley Junction. lui addition lo this the people W??O come to ! Charleston now wou-id continue tc so then. The change of cars is a all the great consideration with Northen* tourist. Re does not n th?; small additional expense of i or eeventy-five miles extra run." Another gentleman called attenl to the well ktown fact trias securities of the i'lorid-a Central Pe-ninsuiar Road aie in the ra-ar and could very readily be control by Mi. Plan S ant! his company [ road is not completed yet and not be finished before next ?etol Between now and then the Fi system may take a sufficient intei in the line to acquire some con over ic. In fact, it has been sta publicly more than once that i Plant had designs upon the new ro Should this eventually happen i fair to suppose that he wot*ld mak< along, stumpy road to travel fe company who wished- to* cu* him ? of over a hundred miles-of a pay: business ov*:r his Charleston 2 Savannah line :n order to lessen : liare between New York Jacksonv by a matter of an hour or more. A with this patent contingency stari them in the face it is scarcely r sonable to suppose that the Co Line people are going to build for four miles of road: for the sole pnrpc of gaining such a precarious indep< dence. The plant system has always es cised a virtual monopoly over t Florida business, and with the m road under its control it could do more effectually than ever. The c< dition8 would remain unchangi The Plant system wouid cont everything up to Savannah, and that place the competition betwe the Coast Line and the South-Bou would begin. Other things bei equal the Plants would naturally p fer the longer haul which th would get via Charleston. In cc 8ideration of these things it is not 1 reasonable to suppose that the Coi Line Road is building the Denma extension tor some other reason th as a permanent link in the rouie i their Northern travel. The reasi is probably to attempt to again g control of at least a share of the Soul western basiness, which the ro used to do when it managed the Chi lotte, Columbia and Augusta Road. News and Courier. Butler's Financial Platform In Favor of Free and Unlimited Sill and Stoic Banks of Issue. A reporter for the Columbia Jourr. had an interview with Senator ButI recently in which the Senator express bis views upon the financial question follow "How about the financial legis! tion r "Ah r There is thc stumbling bloc Both parties are divided on financi legislation and I fear serious diSov ties ? Have you vievzs you- care to expre on the financial problem ? What wou be your solution of it?" "Weil that's a very "sarchin' que tion/ as Vance would say, but if yt can stand the deliverance of my viet I think I can, although I must abbr viate. io the first place, let me say am in favor of thc free and unlimitt coinage of silver. Wheo I entered tl Sea-ate, and the subject was new to m< my inclinations were the other wa; but after investigation I became satisfit that bimetal?8tn in its fallest sense w: the proper thing for this country an heve sisee acted on that theory. It proper to say in this connection, hov ever, what I have said in debate-th? many of the advocates of free coinag greatly exaggerate from their stand point tho advantages and benefits c unlimited- free coinage of silver . and on the other hand, tbs opponents great! esaggerate, from their poiot of view the evils to flow from it. In my judf meut the free coinage of silver woul afford partial fi-oaneial relief by iocreai ing the circulating medium somewhat bot it could net .possibly amount to great deal, because of thc limit upo the supply of bullion and the limite capacity of the mints for coinage, say, therefore, the relief io the directio indicated would be scarcely apprcciabl noder our present fioaccial system, have never given any weight, to th alarms periodically sounded by moue metalista that we shall be seut to finan cial perditioo if we adopt free coinage Their prognostications of ruin and disas ter have too often proven fallacious ti entitle them to much consideration The Sherman law has lately been u^ei as a club by Wall street to force tin Secretary, of the Treasury, Mr. Carlisle to issue bonds to main tai u tho on? bundrcd'mil?on gold reserve required-bj law to be kept iu the treasury as security for the three hundred and forry-?-ix million greenbacks, but &? little whole? some pluck and independence on tht Secretary's part has taught a valuable lesson and-set a most instructive prece? dent. Tho Secretary would uot become I aoic-strioken, no Wall street concluded it would not pay to push the panic busi? ness too far and bas got to behaving itself again,*' "'Would- you vote for the . repoal of the Sherman law ?*' .*I care nothing about, thc Sherman law am in no sense responsible for it, but I would not cousent to its repeal and thereby totally demonetize silver again. If those who arti so anxious to gt-t rid o? the purchase ol silver under ttie Sherman law will couple with its repeal a sectiou to repeal thc 1-0 per ceut. ?as- on the State bank circulation I would voto for it. Tho repeal of tho 10 per cent, tax on frato bank circula? tion would sett lo thc financial question for a quarter of a century. Wc might thou coin all the sliver iii the world, and our State hanks could- absorb it as security for their circulation, and thc maintenance of whatever bank reserve that might be required. We should have all thc oureency, a local currency :f you please, to transact- the business of! tho country. Thc currency may he ? made au sound and safe as the national bank currency. I am inclined to thin!; from what I know of the opinions of leading Democrats, men very high in the couocils of til- party, that (his will ! bc our way out of thc financial dtfier- j S eoces, namely, a repeal of toe Sbermar law, coupled with the repeal of the 1( i per cent, tax on State bank circulation ? and a graduated income tax. ff th? j Democratic party will do this and read ? just the tariff, we shall hear no merer I financial troubles for twenty-five years ? The Democratic party will retain con ? trol of the Government indefinitely, a? it would deserve to do, the Third Party ism would disappear from thc face of th? earth. This is my fioancial platform.' - -j - ?JW - They Mean to Fight The State Board of Equalization mei June 1, to hear the railroads in com? plaint against the assessment of theil property by the board. The Richmond & Danville was repre? sented by Judge J. S. Cotbrao, thc South Carolina by Mr. J. W. Barnwell and the Atlantic Coast Line by Mr. J. T. Barron. j Mr. Burroo- appealed to the reason ol the board, in ita construction sf tire constitution, by which it claims to be guided, when it says property shall be assessed according to its "actual | value,;'and pointed out to it that the clause above referred to continues, say? ing : "As* the same shall be assessed for taxation." He called attention tc the changed condition of the Coast I Line by virtue of the Wilson Short Cufr and put in new evidence in the j case of the Cheraw and Salisbury road I from that of last year, showing that it j had been purchased by them at ?3,000 per mile, when it isassessed at ?5- 000*. He appealed iu behalf of bis road, but the Richmond and Danville aod South Carolina roads evidenced that they were I in a fighting humor, having despaired j of redress at the hands of the Board. Major Snellman, traffic manager of the Port Royal and Western Caroliua Road, offered a written argument, in which he said : "Representing the Port Royal and Western Carolina Railway, I come to ask that yon reduoe your tax assess? ment of this road from ?-10,000 to a figure not higher than ?5,000 per mile, which lessened figure is twice what the intrinsic value of the company is. Your valuation of th-h property up to 1891 was on the basis of ?6,000 per mile, but the c -rnings of the road dur? ing the year and preceding years show some money above operating ex? penses, and they were the only years that this was the case. This road was completed in 1887 and has 210 Smiles in this State, but in treating of the earn? ing capacity I- will treat the road as a whole, there being 227 miles in its en? tire leugtb. "I am satisfied that the board will agree with mV that the cost uf a rail road d-oes not in any degree measure its value, for should its business be large and lucrative the cost will be an inade? quate value ; while, should its earning capacity be small, its cost may be large? ly in excess of its true value, for I con? tend that the value of a railroad would be not more than it would sell for, I. which would bc determined by the imouDt it could earn a reasonable in terest oa. "Is this not a reasonable basis ? It is the more eminently the proper basis as the State is largely responsible for its value. As the State fixed the rates, and thereby the earning capacity and value of railroads in this State, there? fore, measuring the value of the Port Royal and- Western Carolina Railway by this standard, and using the earn? ings above operating expenses of the five years ending in 189-1, during which years the road earned more than-ope? rating expenses, and the only years it bas earned more than was consumed in cpera-tioo, we find that during these five years there was an average earning power of only ?29.882 03, or ?131 64 per mile above operating expenses, and this amount would fail short of paying the interest on ?2;000 per mile at 1 pr. cent. "While the fixed charges of this road are only $156.300* per annum, you see that the company has fallen short during the five year?, 188T to 1891,- ?082 0*9 85. and for six years $816.000. buder these circumstances what can be said fairly of the value of this road? IT it is of value to an in? terest, what interest ?3 it ?" True, it con? tributes some busiuess to the Fort Koyal and1 Augusta and to the Central Railroad, of Georgia, but not net reve? nue sufficient to warraot the expenditure necessary to mest its interest. "Only the hope of future develop? ment bringing increased business has brought, hope to those who have been trying to carry this burden. The only iuterest -that I can see which has reaped any substantial benefit from the building and operation of this large and important railway is the public, the citizens along its line, who have been enahied to ship tIto:r produce and re? ceive their supplies with greater dis? patch and more cheaply than before rail? way facilities were offered them by the construction and operation of this road. They, have also b^en enabled to go from one point to another in this and other Stater, cheaper and with greater facility. In addition to this the $t'ate Govern? ment realizes incieas^d tax^j upon j property enhanced in value by reason j of transportation facilities. "Taking all these things info connid j oration, you canuot make tho burdeu of ! taxation too light on this compauy. '"In conclusion goutiemen, I: would : beg tbut yon fake this matter seriously under consideration. There is no exaggeration in the figures that I have j presented ; they wili br borne out by lithe returns to the railroad commission of th-' State, I- think-. During the four? teen months ending April MO, ?893, this company fell short of its operating eirnensi'S $141,217 and rvt this time much improvement is necessary to eua- ; hie it to rendir efficient service to those j who may have occasion to ase it. "[ would ;; ld that tho stock and debt ia far tuon a measure of valuation and will afford no true basis unless a reasonable- ic*crest can bj earned upon :t. jj "Willi thi3 short statement; ? indulge ! tho hope fha* you wilt grant thc con- I cession asked, particularly as the rail? road mileage of the State has increased so much .-i- \r, p?Yc'ttd? thc possibility of decreasing the agg:-cg:??e revenue of file Star-- (Vom railroad taxation ,; Arguments were alfo made !>y. .Indie ? (vu th ran and Mr. H.irt.wiiL au-L Lui addition, Judge Cuthrau preseoted the following protest : "CoE?MfeiA, S, C., June 1, '93;. "To the Honorable " State Board of Equalization :. In response to the invitation or the board the Richmond & Danville S-ail road Company appears before you touch iDg the matter of the assessment of its property for fax-atura. It is not my purpose to t?fce your time with a repetiCioa of the arguments already thrice made, which have appa? rently failed to produce the slightest effect upon yoor conclusions. ? remember wheo? callad before you a year ago, that the Attorney G?nerai stated that the board felt bound, in view of the litigation theo pendiug, to stand by the assessment made. That state of things continues and the question at issue is pending now, as then, and is stitt undeaided. Although the trial apparently stands etHl, events move oo, and conspicuous among these is the depressed coalition of this important aod valuable enter? prise. With discrimination and excess^ ive assessments of its property for taxa non, as the upper millstone,and reduced rates of freight.,, as the nether millstone, it ts only a question of time, and a? short time, when the point will be reached that will grind these vaktable interests to powder. The insolvency of the con> paoy, as attested by the fact of the receivership on the 5th of June last, shows to every one, save, perhaps, this board alone, that the point indicated has been in fact already reached. Respectful petitions supported by the most convinciug statements of facts and figures, if not received with indiffer? ence, have certainly been uuheeded* Solemn and oficial admission bas been made by the highest official ofSoer in tho State of the fact that the assess? ments for taxation of railroad property is excessive in valuation in comparison with other property. See bis report to the Legislature of 1891, page 18: That high functionary himself is a mem? ber of this board*,- and the Comptroller General the chairman of it, ga^e as? surance that the Legislature would be requested to briog up all property for taxation to the standard of valuation fixed by this board upon the property of the railroads. Pt is just to say of bim that the effort was made,- but the bill proposed met with BO favor in either braocbof the General Assembly, and no effort to secure its' passage has" been 'renewed, ll is indeed ai rare occur? rence in the administration of either public or private affairs that an act of admitted injustice is persisted in by those who perpetrate it. A course of expensive litigation has been entered: upoa which- the State -ought noe m wisdom to desire, and which the railroads of all others are 'most anxious to avoid. A respectful I proposition for the arbitrament of these ! differences has been made by the latter, which was met oakthe part of the form? er with scorn md der isbn. I believe there is a principle running like a golden thread through the warp kaod woof of the equity jurisprudence of I this country, as administered ia both ! the State and Federal courts*, which for? bids the* destruction of lawful' and valu iable industries by the imposition- of unjust burdens and exaction?: A arfa-"" ciple which will instare to all enter? prises, and especially to those which owe duties to the public, wheo skillful -ly and economically administered, the right to earn a reasonable increment for their owners as well as the meaos of rendering to the public the full, effit cient and valuable service rtq.?ir?d'of them by their charters-. And now despairing of obtaining auything in the shape of relief by state? ments, by arguments, by petitions Or appeal, I shalt certainly advise those whom I represent to invoke the' aid of that equitable principle1 already referred to. and I shall only ask leave of tbis-s board to file this protest agatne?f wfr?t I conceive to bc sap unwarranted"; uaco?" stifutional, illegal and ruinous invasion of the rights of property. J. S CcTEfcAir; Attorney for the B & D. R. R. Co." "D H. Chamb"erlian, on behalf of the Charleston, Cincinnati'and- Chicago Company, io accordance with the notice sent to him dated Miy 1*2, 1893, now appears before your honorable board, and respectfully protests against raising the valuation of the said railroad from $4,400 to .glO.OOO'a mile. This pro? test is respectfully urgedJon account of the facts with regard' to the actual value of the said railroad, fully stated heretofore to the said board. This value does uot exceed the sam of $4, 400 per mile', as returned by your petitioner and cn behalf of said road your petitioner further states the Charleston', Ciocinnati and' Chicago Railroad Company has recently been sold at public outcry in open market, and that the entire road, consisting of over one hundred? and seventy miles (1-70), both in the States of South Car? olina and North Carolina (the latter portion of the road being the :nost val? uable and extensive), only brought the sum of $500.000, about $3,000 per mile. Wherefore on behalf of the said road your petitioner respectfully protests against tSfs recrease of valuation, and petitions that the assessment of the road be reduced again to ?4,000 per mile. And having thus made this prot?t ar.d'petition, your petitioner re? mains ou behalf of said road. Very respectfully, D. II. CHAMBERLAIN*, Receiver. By Smythe & Lee, Attorneys/' Dr. gates, speaking for the board, as chairman, in thc absence of tl?e Comp? troller, says he thinks the protest is un iu-t t.? the Comptroller and unfair iu its tone to the board. Me>srs D. M McIntosh and Claude M ag woo J have been appointed terrapiu t u insp.ctors by G vernor Tillman T?ic firmer will have jurisdiction from Ashley R;ver to the Georgia line, and the latter from the North Carolina line to Charleston. The law provides that from April o to August 1- no terrapiisr shall be kept in pens in Georgetown, Charleston. ISeaui'urt, Collctoa- and Berkeley C 'unties unless the pen has a liot-tise from thc State. Violation of this hw is deemed a mi-demc'auor and is punishable with a fine of ?50 er im? prisonment fer months or both. In the Mississippi Valley^ The cottee situation in the Mississippi varley is u'doratfaily interesting. The factors in St. Louis, Mem; bis and New*" Orlea-as-all tell the same story. This- year the factors have rigidly adhered W tfeeir aonot?ncens'enfc that* they would make no advances to those1 who did not redase their ottoif acreage. The planters accepted this in goo*"!* faith. They did not rethrcfe their cot? ton acreage, bttt they have not sought sadvaaCes from the factors, and tSey at*' Irving on the cheapest possible rations. The chief article? of food used on Jibe* plantations are corn bread, rice affd black molasses, with 3 little fat meat oir Sundays. Both the white and colored 'hund?s are firing on this diet, and the' planters are setting plainer tables' than ever before. They are almost reducedr to the traditional rations of catfish amt! blackberries. They have a few bogs and a few cattle, and wilt be able to** worry alon g tra til fa^F. Seme ?-.)gli*horeo who engaged itt cotton planting io the valley about five' years ago purchased a good deal of meat in St. Louis until this year, when their orders ceased The factors wrote tc' ask the reason why, and their corre? spondents replied tl?rft theyfeocrid not buy any meat as they were defog what their neighbors are doing-raising cheap cotton. At preseut prices meat was out' of the question, the Englishmen said, and they would, therefore, do without itv This shows the spirit of the valley-" people. They are determined to pro duce cotton at less expense than was" ever kcowo before, and even at low* prices they expect' to have a- good dealr of olear money, as'they &rc E"t>t going hr debt for anything ? they can help it^ Pone bread, rice and black molasses? will keep them alive and pull them out? of debt. As a section the south recu? perates very rapidly, and it goe?fW?ta-"" out saying that if this economical mode' of living prevails to any great extent, the prant?rs'wilK soon get ahead, even3 with cotton selling as" IW a* Scents.-"-"* : Atlanta Constitution: Plain Whiskey Won't Po; It does not seem to have heretofore occurred to those ? charge of the State's* liqnor business that the majority of men who drink prefer and use something be? sides raw whiskey and" beer> and that if the State is goieg; tc do the business"" it* mast keep ia stock fine winc? of special1 brand, brandies, gins, French cordials, etc , cte. So far no provision bas'been* .made by Governor Tillman to_ supply ? the demands for this class of goods. Commissioner Traxler has, bowever, sbeen giving, some attention to this fea? ture of the requirements of tbe business* and he says he bas sent to the various* county seats wi tb thc object of finding out what brands of this class of goods :.the drinking people of the State are ac? customed to ase. He thinks he will be* able to select a stock that will be satis? factory. When this" information is* secured orders will be placed for the goods and every effort made to get tbenr .in stoek before the law goes into effect. M\ this is going to cost the Stat?*** heavily. Already the biggest portion-' of the ?5t),0U{> has been ex-pended, ano? unless the business gees o?r with- ar t?sh* in July there is going' ro be Sigh* times. The freight on each caf lead of wtiskeyf is $120 Each car load of beer will cost^ the dispensary- a?fotft . $?,2ffl delivered! These figures indicate bow-' the money i? going-. And still there is* a great proportion of the stock to be5" purchased'-'The State. - wm mm - Having confiscated" the property of? such persons as-are engaged in the liquor" businesein this State aocV taking charge' of the trs?e himself, G?o verser Tillman' now proceedvthrooka-?railroad com-' n?ission, to confiscate, ot impress, the* rai?roada iirto tee service of the State** ba?" room's. 'jPhose corporations are firstr forbidden by law* te haul liquor for any-' body but the State Then they are* reqaired to baal" tne State bqoor alf about half price, to increase the profits'' of her liquor trade; We are about as* near Under martial law as aoy community can bc in tinre^ of supposed peace.-Greenville News: An End to the Engagement* Two unusually pretty girls were they? lazily swinging in the hammock and" gossiping-idly. A bright featured oriole' EwayetP tb and fro upon -the topmost bough above Iron, with now and then as? soit, liquid note. An invisible katydid^ emitted its rasping noise at long inter"*' vals. Otherwise it was perfectly-stiH. The girl with red shoes ys,vraecL '?Iwish there was some news'gering,^ she sighed, half petulantly. The girl with green ?*ispenders pon**" dered. "So do I," she assented. "for a time they listened ii* silence tb* the oriole and the katydid. "Oh, Sue, by the way, you""-w The girl with red shoes turned in the" hammock-with a suggestion of anima* tion. "Hav? heard the latest of course.** The girl with green suspenders wa?"* uncertain. "About Jack and Carrie, you know. Sue." The girl with greene suspenders wasiib terested. .*No," she c&gerly rejoined. "Whaf is it?" The gif i- witli- red' shoes raised herself' to a sitting posture. 4<"Wh\v, rhey've had-& falling otit?" "1 want to know;" "Yes, they don't speak." "Weil, well." The girl with green susrenders greVr ?iou.^htful. "Of course." sh?- observec; uiu??ngly, . .'their engagement is broken." "In oneway, yes." The girl with green ' suspenders ele-"" vated her eyebrows in surpriser "What do you moan, Sue?" "They're married." The oriole took wings at that junctm-e, - while the katydid decided not to emit"* any more rasping noise for the*" pfc?senfcr -?etroit Free Press. La Grippe; rurin<r the prevalence of the ?Irippe thc past .*e:i?ons it was a notice.nbls'facr that th".*? w"ha* depende-" upon Dr. King's N?* l^c^vejr' n-t . 'only hi<\ :i speedy rie-vcn, "?ii? e.-r ?pe& H?" ?>f' j tic irouhieswioe af^r tfiTprTS*t*f the mi<?d\* [* This red fey .??-t-ms ta h':;ve :? p?-? cit?cr |w?^r>"?tt*" j i-fi'cctitg rapid Oil* not <i!ity in ' \?it*.? *'t" ".*". j tiri{'|?e. ?'ut ia aili Dist se* of Thr ?is Chest I un i l.nr.jrs and lins, cured c.-8*e* -1* .\>tl?m:i rind"* ! WAX Fever-of '?n?; PMiHit??*. Try it nnil l??(j [c?nv:rM-ol \V ??.?*! iii?.-i?'p->t?if. Free Ttial i v>wu'ii??: J: i" IV i DtU*r?i?*? i>ro3 Store.