The watchman and southron. (Sumter, S.C.) 1881-1930, July 12, 1905, Image 1
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outljron
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ra? 8UMTBB WATOHBIAK. RatmblHhed April, 1850?
'Be .Inst and Fear not-Let all the Ends thon Alms T at be thy Country's thy God's and Truth's.
THE TB UK 80DTHK0N, Established J DUS, 1S6
Coso?date? lng. 2,1881
% ffifattjira an?r So?arra.
ga&?ihod Svery Wednesday,
OSTEEN PUBLISHING COMPANY,
SUMTER, S. C.
TESHS :
$1 50 per senate-io advance.
?DTIBTI81M1IT:
Oae Square first insertion.$1 Cd
Erery subsequent i oser tien. .. ......... 50
Cos tracta for three months, or longer will
b) Bade at reduced rates.
'All eommauieations which subserve private
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i Obitaaries and tributes of respects will be
.barged for.
DARLINGTON BANK FAILURE.
Later News Concering the Bank Fail
are at Darlington Yesterday.
- Darlington, July 7.-Two unexpect?
ed occurrences startled Darilngtonians
this morning and this will extend to
a much wider circle when the facts
are known.
The first was the announcement
that the doors of the Darlington Trust
Company were temporarily closed;
tire second was the statement that
the affairs of the Independent Cotton
Oil company had been placed in the
hands of a receiver.
The first intelligence was gained
from the following notice, which was
posted on the closed doors of the
Darlington Trust Company:
"owing to the financial troubles of
tho Independent Cotton Oil Company,
the directors deem it to the interests
of the depositors and the stockholders
of the Darlington Trust Company to
close the doors temporarily. The di?
rectors have examined the books of
the company and assure all stock?
holders that they will be paid in full.
"By order of the board of directors.
"E. C. Lide, Cashier."
The Oil Company.
It will be seen by this notice that
the Independent Oil Company was in?
volved and the news of "a receiver hav
ii-g been appointed for this company
lodowed soon. Your correspondent
wanted only the mi>st accurate infor?
mation concerning the situation and
what ft ?lows is official:
Going first to Mr. Bright William
sen, president of the Independent
Cotton Oil Company, and one of its
largest stockholders, the following
statement was secured from President
Williamson:
Mr. Williamson's Statement.
"Ten days ago because of the so?
licitation of my friends, I accepted
the position cf president of the Inde?
pendent Oil Company at a special
meeting. I at once began investiga?
tion and a few days ago I found
some inaccuracies which I had verified
yesterday. I feared these were serious
enough to place the company in the
hands of a receiver, so called a di?
rectors* meeting by telegraph. Seven
out of nine members were present,
Mr. Nachman being in Paris and Mr.
Israel not being able to attend. Af?
ter hearing my report these gentlemen
were of the unanimous opinion that a
receiver should be appointed and to?
day an order from Judge Watts ap?
points me to that position to take
charge at once."
It is impossible now to get any def?
inite statement regarding the the as?
sets and liabilities of the company.
The capital stock of the Independ?
ent Company was nominally $1,000,
000 and the stock soid last week as
high as 75 per cent, of the par value.
The liabilities will approximate $500,
000, so it is believed.
The Independent Cotton Oil Com
.pany, under the management of Pres?
ident R. K. Dargan, has had a record
and reputation seldom equalled. When
he took charge of the one mill upon
which the reorganization was after?
wards founded, the stock was selling
at 50 cents on the dollar. Latterly the
company has operated plants at
Charleston, Darlington, Mullins, Kins
tree, Timmonsville, Syracue, Effing?
ham, Wadesboro, N. C., Cheraw, La?
mar, Homer, Lydia, Swift Creek, Me
chanicsville. Marion, Manning, Au?
burn, Montclare, Davis Station, N. C.,
Summerton and Packsville. These 21
plants are still under the direct con?
trol of the Independent Cotton Oil
Company, constituting its various
branches.
Mr. R. K. Dargan is president of
the Darlington Trust Company, which
was organized April 1, 1905, with au?
thorized capital of $200,000. The In?
dependent Cotton Oil Company bor?
rowed $S0.000, so it is correctly
stated, from the Trust Company on
demand loan. These loans were call?
ed for yesterday and could not be met,
but it. is authoritatively stated that
depositors and stockholders of the
Trust Company will be paid in full
and will be paid at once.
j Mr. Bright Williamson, receiver, has
at once gone to work and says he will
I make an official statement in a few
j days, just as soon as all the necessary
; facts can be ascertained. He has been
receiving telegrams and messages
over the long distance 'phone all day
from various sections sending substan?
tial evidences of sympathy an dinier?
est.
The circumstances are deeply re?
gretted by all and were freely dis?
cussed today. For several years, un?
der the management of President R.
K. Dargan, the Independent grew,
prospered and paid good dividends.
Now stockholders and business men
! unite in regretting the combination of
j events that has - forced such an un?
fortunate situation and all hope for
I a satisfactory adjustment very soon.
It is confidently believed that the
trust company will at an early date
pay back dollar for dollar. Nothing
definite, of course, can yet be learned,
regarding the exact details of the oil
company's affairs. Mr. Bright Wil?
liamson, receiver, has at once gone to
work and with so experienced, con?
servative and successful a business
man in charge, it is hoped that a more
satisfactory statement will soon be
made concerning the present business
situation of this organization.-The
State.
DUN'S TRADE REVIEW.
Sensational Rise in Raw Materials
Unsettles Some of the Leading
Markets.
New York, July 7.-R. G. Dun &
Co.'s weekly review of trade tomor?
row will say:
- Customary quiet commercial condi?
tions at midsummer were augment?
ed by the interruption of a holiday,
except that warm weather gave im?
petus to the distribution of seasonable
wearing apparel, sporting goods and
outing supplies. Structural steel and
all forms of railway equipment are the
prominent features of the iron indus?
try, but quiet conditions prevail at
coke ovens and, pig iron furnaces.
Sensational soaring of quotations
for raw materials threatens the sta?
bility of the leading textile markets,
although consumption is not yet per?
ceptibly diminished by rapidly rising
price lists.
Railway earnings in June were '6.5
per cent, larger than last year's.
Uncertainty in the markets for cot?
ton goods h?s resulted from the rise
in the raw material, and it is almost
impossible to negotiate for future de?
livery.
Failures this week number 160,
against 206 the corresponding week
last year.
But Little Trading.
Fall River, Mass., July 7.-There
was but little trading in the local
cloth market during the week. Brok?
ers are unable to give any definite es?
timate of the total sales, but say that
they will probably amount to about
50,000 pieces. There has been a fair?
ly good demand, but manufacturers
in most cases have refused to meet
the offerings of buyers, owing to the
rising cotton market.
It is believed in mill circles that the
strike question has been practically
settled, the advance in cotton offset?
ting all arguments upon which an ad?
vance in wages could be reasonably
asked.
MAN'S HEAD SMASHED.
Aaron Mull, of Clifton, Seriously
Hurt and Nobody Knows What
Struck Him.
Spartanburg, July 7.-Aaron Mull,
a white man about 50 years old, was
brought to the hospital from Clifton
this evening with a broken head. He
was here yesterday and sold two bales
of cotton. He was drinking when he.
went home.
Early in the night in some way his
forehead was fearfully smashed. One
supposition is that he was very dis?
agreeable in the home, and that some
one struck him. with au ax.
His wife states that in staggering
around he fell from the door to the j
ground. From his appearance it was
a fearful blow. He has a wife and six
chi'dren, the most of whom work in
the mill. After treating him in his
home today it was thought better to
bring him to the hospital tonight.
There seems a very slight chance
for his recovery.
Big Premiums Collected.
Edson S. Lott, manager of the
United States Casualty Co., and pres?
ident of the International Association
of Accident Underwriters, is author?
ity for the statement that the com?
panies represented in the association
collected $U,000,000 in premiums
during the last year.
WILL MANUFACTURE
Their Own Tobacco-Growers Decide
to Erect a Large Factory at
South Boston.
South Boston, Va.,, July 5.-The In?
terstate Tobacco Association met in
the opera house yesterday, and was
greeted by a large and enthusiastic
crowd of farmers from all over the
country and many business men of
this place.
The object was to confer as to the
best plan to sell tobacco and other
produce for a profit and to better the
condition of the farmer in general, to
fight the tobacco trust and to manu?
facture their own tobacco independent
of a corporation's control.
Several men thrilled the audience
with their speeches, and it was decid?
ed to open books in the various pre?
cincts and solicit subscriptions to the
amount of $50,000 to build a tobacco
manufacturing plant at this place.
NO MORE INFORMATION"
Can Be Obtained at the State Dispen?
sary, Concerning Purchases.
Columbia, - July 7.-The dispensary
plot seems to be thickening. Fer
some time at the state dispensary
there has been an increasing tendency
to the sensitiveness about publication
of matters, and now they have cut thc
wires connecting the newspapers and
all others with the list of purchases
which have always been given out so
cheerfully heretofore and which have
been regularly printed in the Colum?
bia and Charleston papers. The in?
formation was not imparted to tho
reporters at the time, but the in for
; mation leaks out now that the board
at its last regular meeting adopted a
resolution denying the lists of pur?
chases to the newspapers. Heretofore
it has been the custom to furnish cop?
ies of the lists to the railroad people
as well, this being done as an accom?
modation to them to afford them op?
portunity to look out for the business.
How the board justifies the passage of
this resolution is not known; none ?>f
the members are here today to be seen
on the subject.
Another interesting dispensary fact
which comes to light unofficially is
that the wad which disappeared from
the person of Inspector C. L. Brown
on his way here from Charleston,
where he had been to check up Dis ?
penser Matthews, was $2,200 instead
of only $1,600, as stated in the papers,
and that this was made up to th?*
State not by Brown or his friends but
by Commissioner Tatum's friends.
And that Brown was not prosecuted
was not due so much to any defects in
the law as to the fact that he had not
renewed his bond in the sum of $3,000
as other inspectors had been required
to do. These are the facts as vouched
for by one of those who helped to
make up the $2,200. No information
has been volunteered about the mat?
ter at the State dispensary, as should
promptly have been the case; the
"story" was tapped in an altogether
unexpected way.
Columbia, July 7.-Dispensary In?
spector C. L. Brown was in the city
today .nd was asked for a statement
in regard to the disappearance of the
money on his person last month. Mr.
Brown said that the actual amount of
the claim upon Dispenser S. S. Mat?
thews, of Charleston, was $1,648.40,
and in addition to the above amount
there was also a loss of between $500
and $600. Mr. Brown is continuing
the investigation of the matter and
says that he will do so until it is clear?
ed up.
When a few days ago it was stated
that Mr. Brown had been temporarily j
suspended it was intended to say that
for the present he was not pursuing
his duties as inspector, but was giving
his entire attention to the above mat?
ter.
BEHIND CLOSED DOORS.
Secretary Wilson Will Take Personal
Supervision of the Monthly
Crop Report.
Washington. July 10.-On account
of the new regulations for compiling
the crop reports put into effect as a
result of the recent investigation at
the department of agriculture, the
monthly report on the general crop
which was to have been issued today
has been postponed until tomorrow
afternoon at 4 o'clock. The prepara?
tion of the report will be conducted
under the personal supervision of
Secretary Wilson behind locked doors.
W. A. Morris, claiming to be con
nected with Munsey's magazine, work
.. 1 Columbia for a goodly sum of
money. was found to be an im
! postor.
UNITED STATES COURT
Takes Jurisdiction in Case of Caleb
Powers in Kentucky.
Maysville, Ky., July 7.-Caleb Pow?
ers is to be tried in the United States
Courts for complicity in the murder
of William Goebel at Frankfort. This
was settled here today when Judge
Cockran announced that he would
take jurisdiction in the case, as had
been requested by attorneys for Pow?
ers.
Judge Coekran's opinion sustains
Power's motion for a writ of habeas
corpus to transfer custody of him
from the State of Kentucky to the
United States. The ground upon
which the court makes its finding is
that from the petition for removal
and the transcript of the record in
the State courts, it appears that the
defendant has been and is denied the
equal protection of the laws by the
Scott County Circuit Court, and can?
not enforce his rights thereto in the
Court of Appeals because of Section
281, of the Criminal Code, as con
strued by that court.
THE SOUTH
As a Whole is on the Eve of Great
Prosperity.
New Orleans, July 8.-Students of
the cotton market express amazement
at the unparalleled prospective pros?
perity of the South by reason of the
peculiar situation the spinners of the
world are placed in with reference to*|
raw cotton supplies. The farmer holds
of the old crop, about 1,500,000 bales,
now worth about ll cents per pound.
Every pound of the new crop will
bring in the open market about that
much. More than 12,000,000 of bales
of the old crop have been sold at ai?
average of about 8 1-2 cents. Thus
the cotton producers and the South?
ern interests dependent upon them
are now in a fair way to enjoy a pe?
riod of the greatest prosperity they
have ever had, for the world wiii
need every bale of the new crop to
meet the unprecedented demand foi
ma nufactured goods. At least for the
time being, the day of farm mort?
gages in the South has passed, and
one year from today the Southern
farmer who hasn't a snug sum in the
bank and all debts paid will be sin?
gularly alone, and except in ve. y rare
instances, without an excuse other
than mismanagement.
The responsible agents are: the ex?
cellent trade conditions of the world;
continuous bad weather which has
prevented another gigantic deal and
the holding of cotton by the fanner
and thus preventing the speculator
from controlling the markets.
Unquestionably the south as
whole is on the eve of great pros?
perity.
RAISED TOO LATE.
Submarine Crew All Dead WTien
Brought un From Bottom.
Paris, July 8.-Dispatches received
from Bizereta, Tunis, says the sub?
marine boat Farfadet, which sank on
Thursday at the entrance to the port
of Sidi Abdallah, was finally raised
this morning. The crew consisting of
Ensign Robin and nine men were all
dead when the vessel was finally
brought to the surface.
PLENIPOTENTIARY COMING.
Baron Kamura Has Sailed for the
United States.
Washington, July S.-Cable advices
to the state department from Minister
Griscom at Tokio, reports that Baron
Kamura, Japan's chief plenipotentiary
in the peace negotiations, sailed for
the United States this morning on the
steamer Minnesota.
No Lack of Enterprise.
Certainly the Mexico City street rail?
way company cannot be charged with
ack of enterprise. Not satisfied with
giving every patron quick and com?
fortable transit to the point to which
he has paid the usual and reasonable
fare, it will henceforth also give him
a check, entitling him to participate
in a monthly lottery in which prizes
ranging in value from $5 to $200
each and aggregating $2,000, will be
distributed to fortunate winners.
That this scheme will greatly in?
crease the gross earnings of the com?
pany adopting it, there can be no
doubt, for the Mexican masses have
a decided weakness for lotteries. It
will be interesting, however, to note
the result of the experiment.
Theodosia, July 7.-Reports sent
to London to the effect that thc Kniaz !
Potemkine bombarded this town are
i
untrue. Troops hold tlv town an 1 ?
are keeping order. ?
ONE SCAPEGOAT ENOUGH.
Secretary Wilston Says There Was Only
One Rascal in His Department.
All Leaks Now Plugged.
Washington. July 8.-In addition to
discharing Edwin F. Holmes as a re?
sult of the investigating of the charges
preferred by Richard Cheatham, of
the Southern Cotton Growers' Asso?
ciation, Secretary Wilson today pro?
mulgated an order . which will
surround the collection and com?
pilation of the government sta?
tistics regarding speculative crops
with additional safe guards as
to accuracy and will prevent advance
information reaching the public. The
bureau of statistics will be thorough?
ly reorganized and reports from field
agents will remain sealed until the
day of the official report is to be made.
In this connection Secretary Wilson
makes the following announcement:
"There never will be at*any time in
the possession of the bureau statis?
tics or of any one officer of the de?
partment, except while compilation of
general results is being made, com?
plete information from correspond?
ents of all the cotton states. Texas
and Georgia, two of the largest cot?
ton producing states will be separated
from the group of reports from town?
ships and counties. Hereafter there
will ( be three general special feld
agents, instead of one, assigned to the
work of collecting statistics for the
cotton crop reports. These agents will
have no communication with each
other and will report on different
group of states."
Secretary Wilson concludes by say?
ing that Holmes was the only depart?
ment employe implicated.
FUNERAL SERVICES
Held Over the Remains of Admiral
Paul Jones in Paris Today.
Paris, July 6.-The ceremonies in
connection with the formal transfer to
the United States of the remains of
Admiral John Paul Jones occarved
here this afternoon. The funeral ser?
vices were held at the American Pro?
testant Episcopal Church of the Holy
Trinity. Following the services, which
will be read by Dr. Morgan, rector of
the church, General Porter, senior
special ambassador to receive the re?
mains, will formally transfer the body
to the care of Assistant Secretary of
State Loomis. Secretary and Junior
Special Ambassador Loomis will take
part in the ceremonies today. At the
conclusion of the services the body wi'l
be conveyed under escort to Esplande
des Invalides, where military honors
will be accorded the remains of the
admiral by French troops and Ameri?
can blue jackets filing past the cata?
falque while the bands play Ameri?
can and French anthems. Following
this the body will be taken to the spe?
cial train, starting xonight for Cher?
bourg.
i -I -?-?;. mmm
THE TEXAS CYCLONE.
Hundred People Killed in Montague
County.
Dallas, Texas, July 6.-Reports of
the loss of life and damage to proper?
ty, caused by the cyclone which swept
through Montague county yeste.-da..*
?ere yet meagre owing to the wires be
inj down. It is known, however, that
f.*iy pers-ens were ki:l .> J and it is
i. reliable That when all returns are in
u*e death list will be ful:y one lr.ri
dred. Scores of others were injured
while the damage to crops and live
stock will amount to many thousands
of dollars.
BEN BENNETT IS AT LIBERTY.
lie. With Sam Jenkins, a Negro, Es?
capes From the Hampton County
Chaingang With Shackles On.
Hampton, July 9.-News came here
early this morning announcing the
fact that Ben Bennett, a white man
convicted of wife murder and sentenc?
ed to five years in the penitentiary or
on the chingang. and Sam Jenkins, a
negro serving on the chaingang for
killing another negro, whose sentence
was four years in the penitentiary or
on the public works of the country,
have escaped. The escape was made
by filing a large ring. They left with
their shackles on them. There were
nine convicts at work near Hickory
Hill. Webb Thomas was the only
guard in charge on this gang at the
time. Romy Bowers, the other guard
having gone to his home on Saturday.
X. >ihing was known of the esepe until
daylight this morning. Supervisor
Snider will do his best to have the
convicts captured, lt is thought that ;
Bennett has gone to Savannah or
Charleston. I
A MATTER OF HEALTH
m
POWDER
Absolutely Pare
HAS NO SUBSTITUTE
ROOT ACCEPTS PORTFOLIO.
Will Take Oath of Office in a Couple
of Weeks.
Oyster Bay, July 7.-Elihu Root
has accepted the portfolio of state.
The announcement of this fact was
made at the executive offices thia
morning in the following statement:
"Elihu Root has accepted the ten?
der by the president of the secretary?
ship of state. He will take oath of of?
fice in a couple of weeks, but it will
necessarily take some little time be?
fore he closes his business affairs, and
he will not go to Washington perma?
nently until some time in September.'*
i tm~*- - - mmm
FIVE KILLED.
Another Fatal Mine Accident at Mo
Connellsville.
McConnellsvile, Penn., July 6.-Fi\s
men are known to have been killed
and many injured in an explosion at
Taylor's shaft today.
Uniontown, Pa., July 6.-Five men
were killed and one injured by an ex?
plosion of dynamite in the new mine
of the Taylor Coal and Coke Company,
six miles west of here this morning.
The victims were all foreigners. It is
thought that the powder exploded
while being taken from the cage to
the bottom of the 90 foot deep shaft.
A PHILADELPHIA HORROR.
Woman's Mutilated Body Found in
the Cellar of a House.
Philadelphia, July 9.-With the
back of the head crushed in, muti?
lated from head to foot and several
bones broken, the body of a woman
known only as "Annie" was found to?
day buried in the cellar of a house in ,
the northeastern part of the city, for?
merly the home of Charles Bluhm, a
German, who died in a hospital on
May 18. The police believe that
Bluhm murdered the woman, who
was his housekeeper, and buried her
in the cellar to hide the crime. A
hole had been dug in the middle of che
cellar, and a quantity of quick lime
thrown in. The body was then placed
in the hole and then covered with
earth.
Bluhm's wife left him about four
years ago because of his violent
temper, especially when he had been
drinking. They had been married 20
years and had four children. Two
years ago Bluhm bought a two-story
house and installed "Annie" as house?
keeper. Both of them drank to ex?
cess at times and they frequently
quarrelled. Last December the wo?
man disappeared. When Bluhm's will
was opened it was found that he left
the little house to his wife, and it was
while being prepared for occupancy
that the body was discovered.
BRAINS DASHED OCT.
Fleeing From Death By Fire Man
Jumps From Four Story Window.
Xew York. July 10.-One man was
killed and a number of others were
hurt in a narrow escape from death
in a fire which gutted i double tene?
ment at 127-2!) East Forty-fourth
street early today. The dead are Ar?
thur Nealy, a brother ot F. Tennison
Nealy, the publisher. He leaped from
a fourth story window and dashed
out his brains on the lavement. With
a rope made of sheets. John Fraser,
an inventor, lowered his wife to the
ground in safety, then come himself,
but the rope broke. He escaped with
a few injuries. The loss is about
$50.000.
Lightning struck a wagon and killed
t'nree mules at Clio on the 5th. Tho
mules were standing near a negro
church in which there was service and
s band playing a rag time song.