The watchman and southron. (Sumter, S.C.) 1881-1930, June 25, 1913, Image 2

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My LadT?fU the North | 1 TJr LOVK STORY <f A GRAY JACKET By Randall Parrish "Wke>WU4trMU^u Kbf" ILLUSTRATIONS BY AkTHUR B. WILLIAMSON lofyftfjht by A C. \U< lur? * <-?>. M ftuttauct't M*J? Limiten. A dip of the flying hoor had cut a ?hallow gasb acroea my forehead, and my hslr was wet with blood, yet bruised sad half stunned as I was from the bard fall, my sole longing "That's 'Bout All I Know, Csp, Till I Lit Ysre." wss to reach and throttle that mad? man woo had ridden iuu down iu such demon style. You unchained devil!" I cried savagely, whirling him over upon his back, I spared your life once tonight, but. by all the gods. 1 11 uot do it egale!" "Gosh, Csp. Is thet yuu?" asked the voice of the other, feebly. I started back, and lost my hold upon him "Bungay?" in an astonishment that nearly robbed n>e of utterance. "Good God. man! Is this really you?'' "It's whut's left 'o me," he answered solemnly, sitting up and feeling bis bead as if expecting to find it gone. "Thet wus bout tber worst ride I ever took." I should think it likely." I ex? claimed, my anger rising again as I thought of It. What, In Heaven's uaiue do you mean by riding down on me like that?" "Holy Gee. Csp," he explained pen? itently, "ye don't go ter think I ever did it s purpose, do ye.' Why, tber gosh-durn?ti old thing run away." "Ran away?" "Sure; 1 ve bin a hangln' on ter ther mane o' thet critter fer nigh 'pen three mile, an' a prayln' fer a feather bed ter light on. It's my last 'llstmeut en ther cavalry, ye bet. I never seed none o' yer steam keers, but 1 reckon they con t go no faster ner thet blsme boss Gosh. Cap, ye sin t got no call fer ter git mad; I couldn't a stopped her wfth a yoke o' steers, durned if I cud. 1 sorter reckon I know now bout whut Scott meant when be said, l ite turf the fly lug courser spurned, - yuu bet this one did " Jed rubbed his cheek as If It stung him, aud I lookc-d at him in the taint dawning light of day, and laughed. HIm peaked head and weazen face looked piteous enough, decorated as they were with the black loum through which he had ploughed; his cost wss ripped from tail to collar, while one of bis eyes was nearly closed where the bruised flesh had puffed up over It It Is a fearful strife, for man en? dowed ?Ith mortal life, " he quoted mournfully. "You're right." 1 assented "No coubt you had the worst of it. Hut hew came yuu here? ' Why, I wus a huntin fer a hoss tbar et thet picket post whin ye scared up tber hunch, an' by some sort a fule luck I pot hoi o* thet on. , su' tuke arter y?. tho' in cum sc I d'du t know who It was raised liefe a rumpus, it wus mo durned dark Ther whole blame Yank* ,, caboodle tuke a blaze et me, I rckon, leastwise they wus most dern keerless ?Ith ther shoottn Irons, an' I rode one feller ?oc. knocked him plum off his hoss dowu ther bnnk, Serslush 'rtci ther weUr, by thunder, tin' list I thet deni? ed critter I wus a struddltn' bolted 'I Let's 'bout all I kno?. Cap, till I h'. yers." There, was no doubting the truth of his story, and I held out my hand. "You re a good man Jed,'' I said heartily, and *o long as we are both alive, a few hard Jolts won't hurt us. Ixet's mos If the horse* are iu any con? dition for e? s Ice." A single a'aheo told the story Tim blsck mure w am browsing by the road side aponie||tl\ little the BJOfSe fur tbe shcek. although a thin line of blood tickled slow I v down lor Hank lSof the bb loan had not he* n sc for tuaate. uLd lay, bvad under, stono desd 1n the middle of the narrow road Hungay gazed at the motionless fig ure mournfully. " 'Woe worth the chase, woe worth the day. that cost thy life, my gallant gray.'" he recited solemnly, ' only it's a roan, an' 1 aiu't bo durn sorry either." Rogretl of any nature, however, Were vain, ajid as the little man posi? tively refused to rid*-. 1 mounted again. He trudging along manfully beside me. the two of us set forth once more, our faces turned toward the red duwu. CHAPTER XXI. Reinforcements for Early. "Come. Wayne, wake up, man!" Captain, 1 say, you must turn out of this." 1 opened my eyes with a strugg e and looked up. The golden glow of sunlight along the white wall told iue the day must be already well ad? vanced, and 1 saw the lieutenant of iny troop, Colgate, bending over me, attired in service uuiform. "What is it. Jack?" "We have been ordered north on foreed march to join Early, and the command has already started. 1 have delayed calling you until the final moment, but knew you would never forgive being left behind." Hefore he had fluished I was upon the floor, dressing with that rapidity acquired by years of practice, ray mind thoroughly aroused to the thought of active service once more. ' Was it the news I brought In yes? terday, Colgate, which Las stirred this up?" 1 questioned, hastily dipping into a l1 i'm of water. "1 Imagine it must have been, sir," replied the Lieutenant, leaning buck comfortably upou a cracker-box, which formed our solitary chair. "Things have been on the move ever since, and it certuinly resembles au advance of some Importance. Staff officers at It all night long. McDanie. s division off at daylight, while we go out ahead of Slay ton s troops. Heede was in beast? ly good humor when he brought the orders; that usually raeuDb a fight." "Any artillery?" "Sloan's and Rockes batteries are with us; did not learn who went out 1 with McUaniel's. Longstreet has crossed the White Hrlar." "Yes, 1 know," 1 said, drawing on tqe lust of tuy equipments, and quick- , ly glancing about to ussure myself 1 had overlooked nothing likely to be of value. "All ready, Jack, and now for another dance of death.'" Our regiment was drawn up In the square of the Utile town, and as we came forth into the glorious suulight, the stentorian voice of the Colonel ? called them Into column of fours. Staff officers, gray with dust from their all night service, Wttl riding madly along the curb, while at the rear of our men, Just debouching from one of the side streets appeared the solid front of a division of infantry. We had barely time to swing into the saddles of the two horses awaiting us, and ride swift? ly to the head of our command, when the short, stern orders rolled along the motionless line of troopers, and the long, silent column swung out to the northward, the feet of the horses raising a thick cloud of red dust which fairly euveloped us in its chok? ing folds "With the ardor ot young manhood 1 looked forward to the coming battle, when 1 knew the mighty armies of North and South would once again contest for the fertile Shonandoah. It was to be Aiuerican pitted against American, a struggle ever worthy of the gods. Slowly 1 rode back down the files of my men, marking their alignment and accoutrements with practised eye, smiling grimly as 1 noted their eager faces, wai worn and bronzed by exposure, yet reauimattd by hope of active service. As I watched them thufe, 1 thought again of those many other faces who once rode as these men did now, but who had died for duty even as these also tLlght yet be called upon to die. Otie hundred and three strong, gay in bright new uniforms, with unstained banner kissing the breeze above our proud young heads, we rode hopeful? ly forth from Charlottesville scarce three yearn before, untried, undis clplined, unknown, to place our lives willingly upon the scared altar of our native State What speechless years of horror those had been; what his tory we had written with our naked steel; what scenes of suffering and death lay aloug tlr* bloody path we travolled! Today, down the same red road, our eyes still set grimly to the northward, our flag a torn and ragged remnant, barely forty men wore the "IT between the crossed sabres ou their ?touched brown hats, in spite of all recruiting The cheer In my heart was for the living; the tear In my eye was for the dead. "Colgate." I ta!d gravely, as 1 ranged up beside him at the iear of the troop, "the nu n look exceedingly well, and do not appear to have suf? fered greatly because of short ra Hons." "Oh. the lads are always 1n fine fettle when they expect ? light." he answer* d. his own e\es dancing as he swept then over thai straight line of backs In hll front "They'll scrap the better for being a bit hungry, It gaakei tlx in savage Heats all Cap tain, what foolish notions some of those people on tin other side have of us Bout he men They seem to think we an entirely different nYom themselves; yet I reckon it would pufl zle any recruiting officer up yonder to show a luor lot of fighting men than those fellows ahead there" I POde slow I) forward to my own position at the need of the troop As i swung uij uoiee lute out aucusiviusd position 1 was too deeplv burled 1 n rollection to be clearly conscious of muco that was occurring about ine. Suddenly, however, 1 became a wate that some one, nearly obscured by the enveloping cloud of dust, wati riding without the column, in an lndepend ence of military discipline not to he permitted. In tbo ?t?te of mind I was then in this discovery strangely ir? ritated me. "Sergeant," I questioned sharply, of the raw-boued trooper at the end of the first platoon, "what fellow Is that riding out youder?" "It's ther pesky little cuss as come in with ye yesterday, sir," he rut.urnea with a grin. "He's confiscated a muel somewhar an' says he's a goin' back hum 'long o' we uns." Curious lo learn how Jed had emerged troiu his urduous adventures, I spurred my horse alongside of him. The little man, bending forward dubiously, as if fearful of accident, was riding bareback on a gaunt, loug legged mule, which, judging from all outward appearances, must have been some discarded asset of the quarter? master's department. (TO BE CONTINUED.) WILL ELECTION BE HELD. People Interested in Report of Super* visor Hilts on Dispensary. Will an election he held In Sumtel bounty for the re-establlahment of ths dispensary? This is a question Which many people all over the coun? ty are asking just now and a matter which is of great Interest to every body In the county. Supervisor I'itis is holding ths matter in the bal? ance just now ami is saying nothing of what he Intends lo do or what the prospects arc for either side. Those In favor of having o dispen? sary who had the petition circulated haVS little to say and seem hopeful of having enough names on the pe? tition to require the supervisor to or? der an election, On the other hand the anti-dispensary people are ac? tive In their efforts to prevent the or? dering of an election. They .-ay that It Is extremely doubtful that an elec? tion will be ordered by ths supervisor, as there will not be a third of the qualified voters of the county on the petition. Some assert that the super-' visor has no authority to go over the registration books and revise them, of names of persons dead or who have moved away, it is asserted by soms of them thai should the supervisor order an olectlon an injunction will be taken out to prevent au e being held. The matter is one er? interest and being dlSCU sides, the principal que '?Will the election be held?" I I?.?i <?I: s<)LI> IN t ilt HOIKS. Alderman Chlcco Writes an Open Latter to the Governor. Alderman Chlcco yesterday address-1 ed an open letter to tin- governor, In which he charged that liquor was sohl in some churches here, His let? ter was the result of the governor's remarks in Spartanburg Wednesday about efforts at suppression of Char? leston blind tigers, Alderman Chicco's letter follows: "Dear Governor: Your statement as above is noted, and 1 eolemly pro? test against sane- as untrue and un? just, and call upon you t<? withdraw the charges under the penalty of hav? ing the proofs of Its Incorrectness thrust upon you. Von should not ex? cept the churches, as I can show you soms edifices of that nature wherein llqor is -old regularly. This whole agitation is hysterical and foolish. Tlu ie are three things which cannot be regulated by law: Rum drinking women and gunpowder. History from the days of Adam. \oah and Roger Hacon will prove this. V. Chlcco." News and < 'oUricr, XEtJIMI LYNCHED AT AMIJIK l s. Slayer or Pollecnian swung up ami Shot to Hieeos. Americus, Ua., June 21. A mob of .'.mi persons attacked the county jail at v o'clock tonight, broke down the ? ell door wherein a negro, Wlliium Redding, was confined and dragged him through the principal streets of the city to the liuchanan corner where they lynched him. A thousand shots, it Is estimated, were fired. Tins was the climax of the shooting earlier m the evening of William C. Harrow, who has been chief of po? lice In this dtv for tin- past twenty live years, and the wounding of four negroes. Heath of a Little Hoy. Manning, June 19, -Little- Theodore Moii/on. the elder son ol Mr. and Mrs. T m Mouxon, dnd last night after two week-' 11111. from measles and pneumonia, aged about seven years i le bud lust i ompb ted his llrst \ < ar lit si hool w ben lie was Itiken sick. The funeral and interment look place iu the rlt> cemetery at r..;;u this uf teruoon The Sherman law. bun. considered a dead letter, Is now aftei a reputa? tion .c> dem Jot Louisville i '<? mi e i Journal PtU >P< >si I) \ DM IMSTR \TI< >\ MEA8URE is MADE PUBLIC. Purpose of Rill Threefold?Means lor Rediscount! ng Commercial Pa? lters?Baals fo Elastic Notes and Provision for Foreign Banking Bus? iness?Federal Banks In Reserve un? der Government Control. Washington, June 19.?The admin? istration currency i>ili was made pub lir tonight bv Representative Glass, chairman <>f the house committee on banking and currency, it will be In? troduced in the senate and bouse al? ter President Wilson has delivered in person Iiis address to congress <>n Monday. An outline of the measure prepared by Mr. (Jlass, describing i' as a "hasis for legislative action," states that it will be gone over in detail for altera? tions, and sets out. that its purpose is to accomplish three principal objects: Provision of a means for redis countlng commercial paper of speci? fied types. A basis for elastic notes properly safeguarded. Machinery for doing foreign bank ? Ing business. The measure's essentials remain as they have been outlined from time to time since the president began a study of the subject with house and senate leaders. Secretary McAdoo and other advisers, providing 12 or more federal reserve batiks Which will rediscount paper, deal in government securities, exchange and conduct government fiscal operations. National banks and stub State banks and trust compa? nies as conform to standards would be Stockholders of the reserve banks. The government would hold no stock. The government would control the federal reserve banks entirely through a federal reserve board of seven members in which the bunks would have no representation. The board would be composed of the sec? retary of the treasury, secretary of agriculture, the comptroller of the currency as members ex-officio; four other members Would be chosen by the president and confirmed by the senate. The national bank note circulation would remain undisturbed a id no proposal is made in the bill for retir? ing approximately $700,000,000 - per cent bonds upon which that note is rests. An amendment or sep to refund those bonds into 'I bonds may be introduced ... audition to the $700,000,000 ex Istlng national bank notes, not more than $500,0(10,000 in what are to be known as federal reserve treas? ury notes might be issued at the dis? cretion of the federal reserve board solely for the purpose of making ad? vances to tin* federal reserve banks, Which would do no business with the public, deal only with their member banks and receive deposits from the United states. While the notes would on their face purport to be the obligations of the United States, they would be re quired to be secured by a gold reserve ?d l-:: per cent provided by the federal reserve banks, would be a first and paramount lien on all the assets of these banks and would be redeemable in gold on demand at the treasury department in the city of Washington or any federal reserve bank. Stringent provisions are made against counting any of these notes as a part of bank reserves ami the sys? tem is guarded against inflation by lodging power with the federal re? serve board to exact an interest charge upon the treasury notes in or? der to secure their prompt redemp? tion. The notes are not made legal tender but Would be receivable by the government and every bank of the system at par without exchange. No change would be made in the protection of other existing notes. The federal reserve board would re? quire one federal reserve bank to re? discount the paper of another and would establish a rate of discount not in- 'essarlly uniform for all reserve banks but made with a view to ac? commodating the commerce of the country and promoting a stable price level. For recasting the present bank re? serve system, the bill proposes to transfer the reserves from national banks in the present reserve and cen? tral reserve ?nies to federal reserve hunks, carrying the process of trans fer over 3H months to avoid shock t" markel condit ions. The bill proposes, according to Mr Glass' statement, "ultimately the es? tablishment oi a reserve system in which country hanks will have l r. per ( tiii oi reserve (namely, 15 per cent <d' total demand liabilities), such I? I'd celll to l.e leid. 6 per ?eilt ill tilt! bank H v anils, per cent With the na? tional resei v <? hunk and ?'? per ? t ut either ill home ..r with the reserve bank, while reserve ami central re? serve iitv banks have reserve* ol ~" per . em ot demuml liabilities, of which '-'" per cent .' HI be .it home, > pet cent with the reser.'e bank ot the di tiet aud 1 pel cent either at home or with Th?- reserve hank." The statement says: "The presunn-d effect <?f this plan Will be to end the placing Of re? serves with central reserve <ity banks for use In Stock market operations, to keep reserves In some measure at home and to require speculators t?? get the funds they med in their op? erations either by directly borrowing them from persons who hold them and want to lend the (ash for that purpose or else by borrowing from the banks in the places where the operations are to be carried on. "In the belief that tin* present re? serve By ate in Is antiquated and un? satisfactory, thai to the massing of lands in New York and other finan? cial centres, of which so much has I been said In recent years, is largely due to the present reserve require? ments of national banks ami that in order to get the real benefit of the system of rediscount which has been proposed as a remedy for many ex? isting evils it is necessary to base such system upon an actual control of reserves, provision has been made for recasting the present bank reserve system. "The bill is based on the belief that no one should participate In the con? trol of the system unless he is finan? cially interested himself, or chosen by those who are, except in so far as the government steps in and as? serts the authority of the whole com? munity. With this in mind, the sys? tem has been devised so as to pro? vide for the continuation of exist? ing national banks with their organi? zation, powers and functions unchang? ed. In addition there is established a system of federal reserve banks, which are Incorporated institutions holding federal charters and in all respects managed like national banks, except as to the election of directors. "There are 12 of these federal re? serve banks, eac h managed by a board of nine directors, three of whom will be expert bankers selected by the hanks, three will be members selected in the same way but representing the commercial, industrial or agricultural interests of the district and subject to removal by the federal reserve board in ease they do not fairly rep? resent these interests. The remain? ing Once dirctors are to be chosen by the federal reserve board. "The object of the bill is to effect a moderate division and classification of banking business along Indicated lines, the result presumably being summed up as follows: "National reserve banks will be strictly limited to rediscounting ac? tual commercial and industrial trans? actions evidenced by very short term paper and on rare, occasions, under carefully prescribed conditions, to financial operations protected by col? lateral. They will also be able to engage in foreign exchange opera? tions, etc. "National banks will be subjec t to precisely the same restrictions as at present with a relaxation in favor or a moderate amount ot real estate loans by country banks under care? fully guarded conditions. "By a revision of the administrative features of the national banking act, provision w ill be made for < lose over? sight of national institutions with a View io holding them strictly up to the requirements of a legitimate bank? ing house. "In oicb r to possess themselves of the kind of paper entitling them to rediscounts, national banks will lind themselves obliged to keep a rason able proportion of their assets in the form of paper eligible for reclis counting. "It is believed that the present sub treasury system is unsatisfactory, clumsy, injurious to business and dif? ficult to manage in lime of stress. The hill therefore provides for: "The placing of all current funds of the treasury in federal reserve banks and the payment of govern? ment creditors by check thereon. "The equalisation of the public funds between the different reserve bunks by direction of the secretary aitd subject to a rate of interest to be tixed by the federal reserve board "The trust funds of the treasury are to be hold as at present in the vaults of the treasury. "Under the terms cd' the bill the federal reserve banks, alter the pay? ment of all expenses ami taxes, arc entitled to pay an annual cumulative dividend of 6 per cent on paid in . ? apital to its stockholding members. One-half the nel earnings of the banks must be paid into the surplus fund until said fund shall amount to La per cent ol the paid in capital of | tin hanks The remaining one-half oi the hank's earnings shall !??? paid ot the United States and whenever! and so bmg as the surplus fund of ca?h federal rese rve bank amounts i<? L'u per cent of the- paid in capital, the shareholders having received their permissible dividends ol .'? per cent ail excess earnings shall lie paid to tin- rpited States Kvery federal re? serve oank i.- exempt from federal, Slate and local taxation, except In le speel to taxes upon real estae." The terms ol office of four mem? bers ol the federal reserve board ap? pointed o.v the president are to be eight years, with tin provision that those, first appointed will serve two, f??ur, mx and eight years, respectively. "Thus it will be noted.' says Mr. <Ilass statement, "the government will have absolute control of the system. "The salary of eaeh member, ex? cepting the cabinet members, will be $ 10,000 a >car and the comptroller of the currency will receive $5,000 in ad? dition to the $5,0??0 salary he now re? ceives. The chief points in the new federal reserve bank ure described as fol? lows: "The number is to be 12, with pos? sible increase later as provided. "The ownership is to be in the hands of the stockholding banks of the \i districts in which the reserve banks are situated. 'The nations! banks :ire compelled to be members and State banks and trust companies are permitted to be members. "The capitalisation Is to be 20 per cent of the capital of the stockhold? ing banks, one-half paid in and one half subject to call. "The business of those federal re? serve banks i? to be a.s follows. 'Rad UM-outing of paper presented by stockholding banks, under specific conditions, provided such paper grows out of actual agricultural, commercial or industrial transactions, and does not run more than a specified number of days. "Buying and selling government se? curities, gold and silver bullion and foreign coin, foreign exchange, and open market bills of given maturity. "In order to meet the views so often expressed in commercial circles to the effec t that the preservation of Amer? ican business in foreign countriee would be greatly helped by Improving banking facilities." Mr. Glass' state? ment continued, "the bill authorizes any national banking association with, a minimum capital of $1,000,000 to SSjifj tabllsh branches in foreign countries, | for the furtherance of foreign com? merce of the United States, and to., act as fiscal agents of the United . States abroad." The federal reserve board is re? quired to pass upon all such a p plica* tions. The federal reserve board would be clothed with such administrative powers as examination, reclasslflea- ? tion and designation of reserve hanks, ' discipline of officials of federal re? serve banks and receiverships. Cer? tain portions of the existing banking laws would be repealed, the Aldrich Vreeland emergency currency would be completely superseded in a separate bill a general re of the administrative provisio the national bank act is to be p ed. The hill would provide that within UO days from the date of its passage the secretary of the treasury shall designate the federal reserve districts, the organization of the fed-., eral reserve banks shall begin and . the "transition period," during which the reserves shall be adjusted to the new plan must be complete at the end of 38 months. Administration officials started day to smooth out the differe: among Democrats over the prop to act on the currency measure dur? ing the present session. President Wilson asked Democratic members of the committee Of banking and ear rency to meet him at the White House tomorrow night. Senator Owen invited the president to confer with the Democratic members of his committee at the capitol next Wed? nesday and he SCCCPted. Secretary Bryan was In conference with Repreoentattvs Henry of Texas and Samuel Untermeyer, counsel tot the house money trust investigating committee Of the last congress. Mr. Henry had advocated a renewal of the Inquiry. It was reported that an understanding had been reached whereby if the investigation were re? sumed it would not conflict with the consideration of currency legislation. SPAIN ACCEPTS IDEA. Washington, June 21.?Spain has accepted In principle Secretary Bry? an's proposal for international peace. Eighteen nations now have accepted Mr. Bryan's invitation to consider his plan. ITnatinas' Philosophises. I have notist that it is the cur that keeps up the harking after the row is Off. My old COW, boasting of her good? ness to her daughter, remarked that it sometimes hurl her much to be c,.i. .lust then site strained at the end of bet tether to get at my nei*h bor's coin, when I saw her wince for very pain be cows the rape had cut deep in Then I saw how lilte a let of us the cow is "we just don't he cause we can't." It v..u have eny thing good pass it around, tor folks love to laugh, but although the Bible tells us to weep With those that weep, I ken we don't love to cry. The com plainer is mis crable company. "Kusticus." The verbosity of a man is about the same as the garrulity of a woman. With the exception t'.'ut we just ?im Ply give our led) friends credit for iheh wonderful conversational gifts. ? Wilmington Star.