The watchman and southron. (Sumter, S.C.) 1881-1930, August 06, 1902, Image 7
mm BAHBLERS WOBHiEQ.
The Appeal to the Courts to Set
tie the Corner in July Oats
Without Precedent.
Chicago, July 3L?Judge Chytras
today modified the injunction issued
yesterday restraining the Chicago
board of trade and the board of trade
operators James A. Patten, Carring
ton, Patten & Co., and Bartlett, Fra
zie r & Co., from conducting a corner
in July standard oats, by restraining
the defendants from asking the presi
dent of the board of trade to endorse
down margins deposited by the com
plainants, Waite, Thornburn & Com
pany, to secure 55,000 bushels of short
sales. The court held session before
the opening hour of the board of trade
in order that a decision might be arriv
ed at before business was begun. So
important, however, did the court con
sider the precedent of the case that
the motion for a dissolution of the
temporary injunction was not consid
ered and the case will come up for
further adjudication next week*.
The effect of the action of the court
is for the time being to protect the
complainants against any alleged cor
oner and is construed as working against
the bull clique of operators on the
board
There was practically no effect on
business in oats from the injunction.
The assurance by Judge Cbytraus
that ordinary business could be done
by the "defendants and other members
of the board of trade acted as a check
against any early violent fluctuations*
A notice wasjposted on change inter
preting the court action as afdismissal
of the injunction against th? board of
trade, and stating that all business
could proceed as usual, save in the
matter of closing, out _deals. with
Waits, Thorburn & Co. "The matter
was considered held in abeyance.
Speculators on the board wore all
j inclined to comment unfavorably upon
the appeal to the courts. The big
bulls said if such a precedent was es
tablished there would be nothing but.
jshort selling. If prices went down de
liveries would be made, but if the
price went against the sellers there
would be nothing to prevent them
-defaulting.on their contracts. Appa
rently intimidated by the possibilities
of. having to answer to the court if
fictitious prices were pumped into
July oats all speculators allowed the
manipulated July options in all grains
to die with a flash in the pan. July
oats were sold freely, bulls and many
of the shorts covered 'bringing a clos
ing price 1 cent up at 6? cents. The
famous July corn deal ended in a
slump of 3 cents and closed at 56
cents. July wheat was delivered free
ly and prices slumped sharply, losing
at one time 6 cents. The close was 5%
cents down 69% cents. Other deliv
eries were weaker but not .markedly
-so.
FOOD FOR REFLECTION.
"We have lived in the South as
long as we can on the bounties of na
ture, and have reached the point at
which w? must study science, iearn the
arts, use our material resources and
accumulate wealth, or else fall behind
and go down." So says Presidente.
Dabney, of the University of Ten
nessee. This is a satement worthy of
our most earnest consideration, says
;the Textile Excelsior. Who can say
that the natural resources of the South
do not surpass those of any other
untry? What will w? do with them
is the question. How long will our
hundreds of turbulent streams dash on
their course through the land, carry
ing to waste a vast store of energy!
When will our little hills and moun
tains be made to give up their hidden
treasures, and what of a more advanc
ed manufacture of King Cotton? The
South has done well, but must do
more to endure. Yes> we have the
favors of nature, but how useless they
are without the knowledge and skill
to accept them in the fullest mari
ner,
Geological Survey.
A party working in the employ of
.the rJ. S. Geological Survey is en
camped in the woods to the rear of
Mr. J. F. McMaster's. This party
consists of Mr. Osar Jones, chief, and
Messrs Newman and Aldrich, assist
ants. They are completing the topo
graphical survey commenced by the
national government last winter, men
tion of the former survey having been
made at the time. This survey cov
ers all the territory between 34 and
34}? degrees north latitude, and 81
and SIVo degrees west longitude. The
map t s made up will sow the elevation
of aE he towns and principal ? country
jxnnts, aH the public and private
roads, (the distinction between good
and bad ones as made in other States
not being used as all in this county
rank high in the latter kind), all
residences, postoffices, churches,
streams, wooded lands, etc. Such a
map is of incalculable benefit to the
promoters of all railroad enterprises,
etc.. Later a soil survey will be made,
and it is hoped that this will prove of
great commercial benefit to thia sec
tion.?Winnsboro News and Herald.
i.llllH 1 ? I ITI II
The Hon. John Alexander Dowie,
"Elijah II," of Zion City, Illinois,
has made a new prohibition and taboo.
He has commanded that no mules be
brought into his domain. "Remove
that barren monstrosity where the peo
ple of God can not see it," be cries:
"I will have no mules in Zion City."
Only asses and jackasses are welcome
that empire of the Second Elijah.?
Tew York Sun.
A Young Lady's Life Saved
at Panama, Colombia, by Chamberlain's
^ Colic, Cholera and Diarrhoea Remedy.
Pr. Chas. H. Utter, a prominent physi
cian, of Panama, Colombia, in a recent let
ter staces : "Last March I had as a patient
a young lady sixteen years of age, who had
a very bad attack of dysentery. Everything
I prescribed for her proved ineffectual and
ehe was growing worse every hour. Her
parents were sure she would die. She had
become so weak that she could not turn
over in bed. What to do at this critical
moment was a study for me, I thought of
Chamberlain's Colic, Cholera and Diarrhoea
Remedy and as a last resort prescribed it.
The most wonderful result w?is effected.
Within eight hours she was feeling much
better ; inside of three days she was upon
her feet and at the end of one week was en
tirely well." For sale by Dr. A. J, China.
TBE CeTTOM BULES
SAVE BEEN OH?KSEO.
A Conference Between Railroads
and Shippers Results in Three
Marked Changes?Farm
ers" Profit.
An agreement has been entered into
between the railroads and the South
I eastern Cotton Bayers' Association
I for the coming cotton season which
1 will mean a saving of at least $750,000
to the farmers of Georgia alone, and
about the same amount to those of j
Alabama*
At a conference held in New York
Thursday between the executive com
mittees of the Southeastern Freight
Association and the Southeastern Cot
ton Buyers' Association it was agreed
by the railroads to moderate their
former compress payments, to abol
ish almost entirely concentration
charges for inland points and to allow
shippers- to route cotton as they
pleased.
The cotton men are jubilant over
the concessions made by the railroad
company and from now on it is believ
ed that harmony instead of friction
will exist between the two associa
tions. Some time ago the railroads
notified the compress men that only
six cents the hundred pounds would
be paid for compressing cotton and no
assurance was given about the concen
tration charges which were amounting
to from one to three cents the hun
dred pounds and the cotton shippers
were thinking that they would have
to allow the railroads to ship their
cotton as they desired.
But at the conference the railroads
agreed to pay six per cent the hun
dred pounds for compressing cotton in
Georgia, which cotton was to be ship
ped to either North or South Carolina
and that in Alabama the price to be
paid for compressing should be seven
and one-half cents the hundred pounds
where the cotton- was to be shipped to
either of the1 Carolinas. The railroads
also agreed that where cotton was to
be exported or shipped to the New
England states they would pay seven
and one-half cents the hundred pounds
for such cotton compressed in Georgia
and eight and one-half cents the hun
dred for such cotton compressed in
Alabama. Before the cotton to be
shipped from Georgia was not to be
compressed, that is where it had to go
to the Carolinas* and only six cents
was to have been paid when it was to
be exported or shipped to New Eng
land.
The concentration charges which
have heretofore been from one to three
cents tbe hundred pounds will practi
cally be abolished. \
The railroads also agreed to allow
the shippers to route their own cot
ton. Last year the railroads routed
all of the cotton shipped. The roads
reserved the right however, to route
the cotton when the shippers had no
preference.
"The agreement is for the coming
cotton season and will go into effect as
soon as the first shipments are made.
-? _*
Rabbi Jacob Joseph.
Chief Babbi Jacob Joseph, head of
the orthodox Jews in the United
States, whose funeral caused a riot
in New York on Wednesday, was call
ed to that city by eighteen of the
largest orthodox synagogues in 1SS7,
from Wilna, Russia, where he had ac
quired renown as a preacher. His ar
rival in New York was looked upon as
one of the most important events in
the history of orthodox Judaism in
America. His sermons were attended
by crowds of enthusiasts; he was
named chief rabbi, and all the Jewish
butcher shops, where meat was pre
pared according to the laws of Moses
and the Talmud, were placed under
his supervision. The new rabbi was
easily the profoundest Talmudic schol
ar in America and this, added to his
sincere piety and affectionate, gentle
nature, endeared him to all those who
clung to the older forms of the faith.
Rabbi Joseph had not been in New
York many months before he found
himself confronted with conditions
which disturbed his peace of mind and
made him wonder whether he would
ever feel at home in the turbulent
American city. The same sermons
that evoked admiration of the old peo
ple in Wilna were criticised, even
ridiculed. Some of the people left the
synagogue in the midd|e of his ser
mons. They had been two or three
years in America. They had heard
speakers, read newspapers; After he
became a hopeless invalid there was
nothing but sympathy and love for
Rabbi Joseph.
Hon. Tom Watson's beautiful and
crisp bunch of $1,000 is still hanging
invitingly before the eyes of- Candi
dates Latimer and Evans of South
Carolina, and all that either has to do
is to prove that either Latimer or the
late Dr. Stokes, and not Mr. Watson,
is the originator of the rural free de
livery system. So far neither Lati
mer nor Evans has so much as whis
pered "free delivery" since Watson
hung up his money.?Savannah News.
Chicago, July 30.? The ban of the
courts has been placed on the corner
in July oats. On the application of
one of the firms heavily "short" in
the July-option ; a temporary restrain
ing order was granted today by Judge
Cbytr?us in the superior court, pro
hibiting James A. Patten and asso
ciates from continuing a corner in new
July oats: and from bidding up the
price of the cereal or calling for
fcther margins. This is the first time
in the history of the Chicago board of
trade that dealers who were short have
resorted to the courts to assist them
in a dilemma like the present and the
iniunction came as a decided surpris*.
A Oure for Cholera Infantum.
"Last May," says Mrs. Curtis Baker, of
Bookwalter. Ohio, "an infant child of our
neighbor's was suffering from choiera iu
faatum. The doctor had given uj> nil hopes
ol recovery. I took a bottie of Chamber
Iain's Colic, Cholera and Diarrhoea Remedy
to the house, teilin? them I felt sure it
would do good if used according to direc
tions. In two days' time the child had
fully recovered, and is now (nearly a ye?r
since) a vigorous, healthy girl. I have 1
recommended this Remedy frequently and
have never known it to fail in any single
instance." For sale by Dr. A. J. China.
Detective stories of all kinds at H.
G. Osteen ? Co's book store.
EARTHQUAKE IH GALIFOBNIi.
Town of Los Alamos a Com
plete Wreck.
The Area of Disturbance is Smali, But
the Shocks ars Terrific in Force.
San Luis Obispo, Cala., July 31.?
? strip of country 15 miles long by
four miles wide, rent with gaping
fissures and dotted with hills and
knolls that sprung up during the
night as if by magic, a village in ruins
and hundreds of people fleeing for
their lives, are the results of last
nights' seismic disturbance in the val
ley of Los Alamos, in the northern
part of Santa Barbara county. N
During the last four days that sec
tion of the country has been shaken
by a series of earthbuakes that is not
precedent in the history of tradition
to the Pacific coast, and the continu
ance of the disturbances and the in
creasing severity of the shocks have so
terrorized the inhabitants that they
are leaving for other parts as rapidly
as possible, and even now the village
is almost entirely deserted.
The disturbances began Sunday even
ing with a shock which caused several
thousand dollars damage to property
in the village and the sugar country,
being more severe and more disastrous
in the vicinty of Western Union Oil
company's oil wells on Carriaga
ranch. The shock was followed by a
number of disturbances less severe and
less disastrous, continuing through
the remainder of Sunday night and
Monday.
On Tuesday night, beginning at 11
o'clock, there was another series of
seven shocks, all of which were light.
In action these disturbances resembled
the wayes in a pond of water. The
most severe shock of the entire series
occurred at 11.30 o'clock this morning.
Hills were shaken and twisted to their
foundations and the valleys trembled
and rolled like the surface of the
ocean. Great fissures were run deep
in the earth ; hills and knolls appear- '
ed in level valleys, springs of water ap
peared in places that had been dry and
the general topography of the valley
was greatly changed in many respects.
The disturbance had no general direc
tion, but was what is known as a
"twister." It was preceded by a
rumbling like that of distant thunder,
which increased until the earth began
to rise and twist and the hills began
to tremble.
With the first warning 3onnd of the
approaching disaster the terror strick
en people rushed into the streets and
sought places of safety in vacant lots
and roaas, while many fled toward the
neighboring hills. The first vibra
tions were similar to the preceding
disturbance in direction and effect,
but they were immediately followed
by the most terrific shock ever experi
enced in this section of the State.
The earth trembled, rolled and
twisted until it was impossible for
people to stand erect, and terror
stricken inhabitants crouched togeth
er in the darkness fearful that the
earth beneath them might open and
swallow them. The terror inspired by
the rumbling and trembling of the
earth was increased by the sound of
falling buildings which gave some idea
of the terrible destruction that was
being wrought. When the most seri
ous shocks had passed and the, rumb
ling sounds had died away the people
gathered in groups about the ruins of
their homes and places of business and
when they saw the extent
of. the damage many . of them,
fearful of a repetition of
this experience, immediately started
on foot or by any conveyance that
could be had for places where the pre
vious shocks had been less severe.
In the darkness of the night it was
impossible to determine the full ex
tent of damage wrought, but with the
dawn of day the stricken village had
the appearance of the ruins of a city
long deserted. A church had been
lowered to the ground and not one
brick of the building was left stand
ing. Chimneys toppled over, frame
buildings had been wrenched apart
and thrown from their, foundations
telegraph and telephone wires had
been broken and there was not a build
ing in town that had not been dam
aged more or less seriously. In store
buildings that were totally destroyed
the merchandise was thrown from
shelves and everything breakable was
destroyed ; not a pane o? glass was left
in any window in town and in those
frame cottages and dwellings that
were left standing stoves were over
turned and crockery and glassware
were destroyed.
A conservative estimate of the loss
to property in the village is $30,000
and this amount probably will greatly
be increased by the damage in the sur
rounding country. The extent of the
most severe portion of the disturbance
is 11 miles long by four miles wide,
but'the shock was felt throughout
Santa Barbara and San Luis Obispo
counties. At the Western Union oil
wells on the Carriaga ranch, two tanks
were wrecked and much other damage
done.
The disturbances continued through
out the day at intervals of two hours
but none of the shocks was severe.
The people have deserted the village,
every conveyance bad been taken and
the passenger and freight trains that
have left here since the severe shock
of last night have been loaded with
people fleeing for safty. Since the
first disturbance on Sunday night
there have been more than 70 distinct
shocks and those who have been keep
ing records have now given up, as ?he
disturbances have become almost con
tinuous.
Henrj L. Shattuck, of Shellsburg, Iowa,
was cured of a stomach trouble with which
he had been afflicted for years, by four
boxes of Chamberlain's Stomach and Liver
Tablets. He previously tried many other
remedies and a number of physicians with
out relief. For sale by Dr. A. J. China.
Bingharnpton, N. Y., July 30.?The
band wagon which was conveying the
Ilion baseball team to Suburban park
today was struck at the Broad street
crossing in Lestershire by Erie train
No. 2 and the driver instantly killed
and six others injured, one seriously.
Both horses were instantly killed.
The old line insurance companies in
tbe southeastern tariff association have
combined to fight the Greensboro, N.
C. companies because they would not
advance their rates.
EARTHQUAKE EXAGGERATED.
Stories Sent Out From Califor
nia Highly Colored.
San Francisco, Aug. 1.?A repre
sentative of the Associated Press, who
was sent from here to Los Alamos,
wires that the stories sent from there
about the recent earthquakes have
been greatly exaggerated. He reports
that, while there have been mimerons
earthquakes since last Sunday, the
damage has been comparatively slight
and the people have been needlessy
alarmed.
John H. Con way, who has made a
life study of the geology of the coun
try, believes that the disturbances in
no way are due to volcanic Sictivity,
but occasioned by local conditions.
His theory is that the earthquakes are
occasioned by subsidence caused by the
action of the subterranean gases and
oils in which the region is known to
abound. It has been known for years
that gas was being generated beneath
the earth's surface in the vicinity of
Los Alamos.
The best physic?Chamberlain's Stomach
and Liver Tablets. Easy to take. Pleasant
in effect. For sale by Dr. A. J. China^
The Travesty Upon a Solution.
The quarterly report of the legisla
tive committee appointed to examine
the books and report upon the finan
cial condition of the State dispensary
has been madejpublic in the last few
days.
It contains much food for thought
in these days when the flippant decla
ration that ' ' the dispensary is the best
solution of the liquor problem" ?has
become the slogan of a campaign ?in
South Carolina, in which all are
agreed to sustain the present domi
nating influence of an institution that
is hourly sapping the temperance sen
timent in the State and making it all
the harder to inculcate correct doc
trines in the generations to come upon
the liquor traffic. The dispensary is
undermining this sentiment and up
rooting these doctrines under the plea
that the State must control the traffic
for the benefit of the public schools.
A greater farce was never enacted,
and a greater cheat and delusion was
never practiced upon any people.
The quarterly report contains state
ments of the assets and liabilities,
profit and loss, receipts, disbursements
and cash on hand. These items are
clearly stated and aptly arranged, so
that he who runs may read, but the
trouble is that so many are rt.nning
after the dispensary and its supposed
influence that they do not take the
time to read and examine the figures.
To begin with, the report shows that
the net profit for the quarter, which
has been placed to the credit of the
school fund, is the beggarly sum of
$15,?>12.47, and further that the dis
pensary is now owing the school fund
the munificent sum of $607,810.57.
The indebtedness is admitted, and yet
the payment fcr the quarter is a little
more than 2*4 per cent, upon the debt,
or about 10 per cent, interest for the
year. "What has become of the money
due to the schools? The report shows
that the dispensary has on hand in Co
lumbia and at the various county
depositories for liquor an amount of
stock said to be worth $608,421.50, al
most identical with the sum due to
the school fund. The situation is sim
ply that the alleged sum due the
schools is being used as operative capi
tal to carry on the business, ami the
people are placated with the idea, that
the dispensary is giving substantial
aid to the school system, when the
fact is that this overdue fund ?3 only
on paper and cannot be collected with
out the dispensary goes out of busi
ness. There are no other available as
sets with which to liquidate the in
debtedness, and the concern won Id be
insolvent if the debt was paid.
Other liabilities are set down in the
report at $168,699.61, against which
there is cash on hand $53,887.08, which
leaves a deficit in debt-paying assets
of $115,811.53. Such a showing by
company or corporation would demand
the appointment of a receiver to mar
shal the assets and pay. the debts, and
that is what the people of South Caro
lina will some day require of the dis
pensary. Aside from the promotion of
libuor drinking as a social evil, the
State is evidently engaged in an un
profitable business venture, and the
sooner it retiresffrom the occupation
of liquor selling the quicker will it
recover from the damage being done
to its reputation and sound judgment.
Another feature that is discreditable
from a business point of view is; the
expense account. Excluding labor,
salaries, per diem and mileage, print
ing, postage, &c., the expenses for
tbe quarter reached $60,000 out of a
business whose total receipts were
$445,510.62. The other items of ex
pense, including constabulary amount
to $26.588.74 or a total expenditure of
$86,588.74 for che quarter. Nearly
twenty per cent, of the gross receipts
are consumed in operating the plant,
and it is no wonder that the net profits
are so insignificant in comparison
with other lines of business. The con
cern is loaded down with curent ex
penses from which there is no relief.
The public is kept in ignorance of
many features of the business, and
while we are crying out for publicity
with reference to trusts and mono
polies, as a remedy for admitted evils
in great combinations of capital, the
State is fostering an institution that
does not give out any information as to
prices, grades, quality of goods, and
the firms with which it is dealing.
A self-perpetnating and secret mono
poly hiding behind the phrase, "The
dispensary is the best solution o:: the
liquor problem.?Greenville Moun
taineer.
CASTOR IA
For Infants and Children.
li;? Kind You Have Always Bought
Bears the ,
Signatar of ?**LafyK / &i?*L(/l?
* FISCTS. CURE' FOR
CURES WHERE ALL ELSE FAILS.
Best Couph Syrup. Tastes Good. Use
in time. Sold by drogglsts.
! ?\bge??bi2 Preparationfor As
similating fceFoodandBeg da
ting theSioisaciis aitdBovrels of
WM???S "/'C HILDK?Ni.
1 Promotes DigestioaCheerfulh
?l ness and RestContains neither
Opium,Morp?iine nor}?t??raL
K?t TSaiic otic
/?rape QfOUJirS?MUELPnxmR
Ptrnip?un Seed'
Jlx.$enna *
RochtlhSclis
J?epernwt? -
Bi?obau?eS?da>+
Jt?rpSeed-'
C?tt?Iw? Sugar
? perfect Remedy forC?astipa
?lon, Sour Stomach,Diarrhoea
Worms .Convulsions Jeverish
ness and Loss of sleep.
Facsimile Signature of
NEW YORK.
At b morvlhs-'-old j
J, 5 OOS E S - } 5 C E S
gor Infants and Children.
he Kind You Have
Iways Bough!
orsesiiEiMules.
We took in a lot of
: Good : Young s Stock s
Which have since fattened up, and being
acclimated are really more fit for present use
than fresh ones.
The time approaches when planters are pre
paring for the next year. Gome and see them.
They will be sold worth the money.
H ARB Y & CO.
Dec
GGLEMAN-WAGENER HARDWARE CO.
(Successor to C. P, Poppenheim.)
363 King Street,.Charleston, S. C.
SHELF HARDWARE A SPECIALTY.
?Agents for?
Buckeye Mowers, Brinley Piows, Oliver Glied Plows.
OFFICERS: ;
GEORGE A. WAGENER, President; GEORGE Y. COLEMAN, Vice President; L G.
BALL, Secretary and Treasurer.
Correspondence Solicited. Jane 11?3m.
GLENN SPRINGS,
South Carolina,
Q UEEN OI
Southern Summer Resorts.
3HE CD ' ' Jtu X-j
Open from June 1st to October^lst.
Electric Lights, Electric Fans, Elec
tric Bells, Baths and complete water
and sewerage system. Pure air, free
from malaria, free from mosquitos.
MIJTERJtL ; I TER
Still in the lead for the Liver, Stom
ach, Kidneys and the Blood.
For further information apply to
THE GLENN SPRINGS CO.