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Newspaper
The State Chronicle
Location
Raleigh, North Carolina, United States of America
Date
Sep 04, 1891
Page
4
In the Century September issue, critics outline flaws of the Sub Treasury plan. They warn warehouse managers chosen by politics would set prices and grant 80 percent loans, creating depreciation, inflation, and inequitable outcomes for farmers amid complex costs and uncertain certificates.
Railway commissioners Wilson Mason and clerk Brown returned from the Third Creek disaster scene near Statesville. Beddingfield was absent due to illness. The commission has power to investigate but reports go to the Governor, and full findings will be released to the press after Beddingfield’s arrival.
The Treasury department has directed the erection of range lights off Cape Charles City Virginia. In other items J W Bruce of Canastota N Y is nominated for Governor on the New York State ticket by the State prohibition convention. Secretary Tracy departs for Washington and the President plans a hunting trip. The Lake Erie and Western conductors and breakmen strike ends with workers returning to duty. Georgia Senate passes a bill disqualifying physicians from practicing if addicted to drink awaiting Governor Northens signature.
A promotional ad claims the firm pays larger dividends than others with policies in North Carolina drawing over 50 percent. It offers cheap, comprehensive coverage and invites active agents in every town. Readers can mail blanks to receive guaranteed cost estimates based on their age.
The quotation notes a bright day ushering an adder. it calls the device too simple to be a machine yet capable of adding with mechanical accuracy and speed.
A historical note on Jackson Springs in Moore County where mineral waters drew visitors. After an option on 700 acres, purchasers built a new hotel beside the springs, analyzed by the North Carolina Agricultural Experiment Station, inviting public stays.
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