The Washington Bee Newspaper, May 7, 1892, Page 1

' naton Bee \~ ~ . kx the ares Terms. $1.50 Per year in — 2 : De ys se ———— == vet Bon. x = Ce ae) earn en eee eae 5 cents per copy. \¢ na = - — - th WASHINGTON, D O©., SATURDAY, MAY 7, 1892. NO 48 a a ends renin rier - 7 K ; / ’ \ A a Harry Vane Millbank, notorious in| THE BETHE : i i eZ eae rid Kl \ (5 » P i; C E connection with the Drayton-Borrowe ee tes of a good investment for small | Part of the loan is repaid each month Ge scandal, fought a duel in Belgium, with ecurity. bticoueene Lye: bagi i ck an unknown Frenchman. The latter THE BUSINESS ASPECT OF THE) 2 Savings and investments should | also Tonner uae scrtige: sheik Be nd ed coon thigh, Fox and| RaAce PROBLEM Discussed. IN. | be regular. ; ; regular. The stock is to be paid for in te 4 ealso exchanged shots, without TEREsTING Exercises LAst TuEs< 3d. Small savings must be invested regular monthly instalments. Failure oy FOR ‘ jamage. ; patna 8 j so that they will be out of the immed- | to make payment on the di due entails <g A terrible blizzard prevailed in Manito- NING. iate reach of the investor. |a small fine. Your money is also put d, off the sidewalks. A man’s body was This has been a great season for ie felt SOnIGeAE MEE ae para rl cna Cite] bag iin pr yas Recbelaen 28, earned over twenty miles by the storm, | the Bethel Literary, under the able! is earning a little Tae has Tea Very often when ise trea has expired re Millinery, W . ‘ and many miles of wires on Cenadian|and energetic n ‘ably steady employment and wills to| the Supposed necessity vithdrawi I eae : re cet > \ : getic management of y steady employment and wills to | the supposed necessity for withdrawin .. y> aps, Ladies Furnish-! reseed out of the province. | President Arnold it ree again re- save a sinall part of his earnings and Le pes bridged and your savings pe It _ Annie Walden was sentenced to life | sumed its rightful pla q 3 ese | Still intact. - : ings i- Sarees in New York for the mur- | form for cumin of the “- nthe ranks of tl erty f ‘thelr entin pe pt ‘ae p2 ler of het Tal- ‘ the ranks of the cap nearly all of their entire capital con- s a md Fancy Goeds, hae Ge Be oe Govt leet thoughts of the race. The meeting | cused of oppressing the common laborer, | Stantly loaned out in ach awas as to P= order of the Court with apparent indif- last Tuesday evening brought out}. Tn the matter of investing small sav- practically get profits compounded i ference and declared she tad not been | @82y of our prominent citizens. ings, security of the principal is of the | monthly. The regularity of payments ir accorded a fair trial e had not been | The andience was representative in first le Be oe inns noe Be TF ee — book-keeping. The ex- le E i e urded for tempting offers of great | pense o Management is relativel: cdtieseciin a 5 ; In the first quarter of 1892, Havana character. The people apparantly profits or a high rate of interest. No| small. These facts together with wi antee you a Saving of imported from the United States 101,060 | turned out to bear the discussion | person Wa not at least $100 can | constant reloaning of the principal and bags of flour, against 6,751 bags in the |O2 the important subject of the afford to speculate or take any chances. | the profits on withdrawals make it pos- he corresponding time last year. During | 6VenIng and to render homage to re ere ie es ae Fecal isi — se = ae Fesape gat mubogl any this year’s first quarter Spain sent there | the Industrial Building and Savs TE Ee a speculasion, | Use Yere ee et ree : 50 se ¢ : ; chance or gambling must be decidedly | patible with perfect security. Their . 25 PER CENT ast 450 bags of flour, against 85,874 during |ings Company, under whose} rejected. All catch-penny co-operative | stock always has a certain and determi t ” “i > by Purchasing |? coresponding quarter in 1891. auspices the meeting was held. It | schemes should be carefully scrutinized | nate value and is not su ect to fluctua- a om Two negroes forcibly entered the resi- |.is now beginning to be felt that |‘ d unless managed by men of business tions. The association will always buy of us. dence of Mrs. Lee Bruce, at Goodlets | this institation was the pioneer of | sting in the community scrupulous.) 1 [te own stock at a So ville, near Nashville, Tenn., and as- rO- i sines tor. | Y avoided. Men have begun to prey | vate. r our co-operative business enter~} ypon the good name justly earned by The advantages of well conducted co- We Solicit a Visit KING'S PALACE, saulted her two daughters. As soon ag news of the affair became known a hunt for the negroes was begun, with the re- tult that five were lynched and two seri- ously wounded. More trouble is feared. The murder of Dr. J. Heighe Hill, of Millington, Md., is no longer a mystery. Joshua Baynard, a colored lad who was arrested as a suspect, turned States evi- dence and made a full confession. He said that while Comegys held Dr. Hill’s horse, Brooks walked up behind and dealt the doctor a fearful blow with a stone on the head and Williams cut his throat with a pocket knife. prises, that its success has been largely instrumental in building up that confidence necessary to the success of other enterprises. Prof. W. S. Montgomery was in troduced by Cl. Arnold to take charge of the meeting. Prof. Mont- gomery read a very able and care- fully prepared address urging the people to take hold of these co- operative busiuess enterprises. He said this magnificent meeting showed conclusively that tie Build- ing Association was a business en- building associations. They call all sorts of wild cat schemes building asso- ciations to catch the unwary. He hoped no one would be misled by terms or names. Our small investor should not put his savings in any of these asso- ciations simply because they have been given a popular name. He shou sured of the financial re honesty and good conse managers. As with most other good things, there are counterfeit building associations. SAVE REGULARLY. The best results are obtained ina aratively short time by operat enterprises, especially build- ing associations, are not appreciated by us as a people. _ Mr. Hilyer said, “he hoped we would investigate this plan and show more in- terest in it than we had ever yet done. There were wrapped up in it great pos- sibilities for usasa people. He wanted everybody to join a reputable building association such as the INDUSTRIAL, keep up payments until they have two or three hundred dollars, then find a good bargain in real est borrow the balance from the building association, ke a cash offer for the property, thus ng from one to three hundred dol- 12-8 ge = s compa y making | jars. Repay the buildi perme shy 12-814 7th St. Coleman Blackburn, who was hanged | terprise of the people, for the peo- | constant additions to the sum already Preratk meotntg Lec 2 Contin at — ape on April 2, is said | ple, aud by the people. It was not er and putting these additions to| jng he said: If you have a saceieaai to be alive at the home of relatives in | jn the j " work earning interest or profits. The | prospects of meeti plier gE in the interest of any cl que. The} saving of a certain determined sum, no prospects of meeting interest and de- Ws HAVE NO BRANCH STORE. Franklin county. He hanged by the neck thirty-six minutes and was pronounced dead by three physicians, His body was turned over to relatives, and the sup- posed corpse was found to be alive. He has recovered sufficiently to describe his humblest could join it, indeed were urged todo so. All shared its bene- fits cqually. He then introduced PROF, KELLY MILLER. Prof. Miller delivered one of bis matter how small, each week or each month, should be a fixed habit and _re- rded in the nature of an obligation. The saving of a very small sum, one dollar per month, about 3 cents per day, if invested in a well managed local ferred payments as they fall due. DON’T BE AFRAID TO GO INTO DEBT FOR PROPERTY. No better advice than to keep out of debt was ever given when applied to spending money for things to be con- zi Z feelings while swinging in midair. characteristic. speeches on the| building association and steadily kept | sumed. This advice d 7 * FIRST CLASS PASSAGE _ slong down the line, temperance, “Educational advantages of well | up for a few years, will return asum raventmentel eatatade t for poate ONLY 829.50 TO Minneapolis and Retura, Under the auspices of the HARROW TO EPR BLICAN fire, famine, epidemics, etc., etc., but not a word can be heard in the nature of a protest against the regulators and lynchers in the South. We remember once upon atime that the president of the university on the hill while pastor at 10th and G, would epeek out to A Big Blaze in Philadelphia Destroys Life and Property. A disastrous fire in Philadelphia dis- troyed the Central Theater and the “Times Annex” building. Loss, $763,- 500. The curtain was just about to rise on the “Devil’s Auction” in the Central Theater, when the scenery caught fire from a gas jet, and the stage was almost conducted business enterprises.” His speech was logical, orderly, forcible. He showed conclusively that each one of us is interested vitally in the success of these en- terprises. DR. C, B. PURVIS then spoke on the Business Capaci- ty of the race. He called attention large enough to make a payment on a low priced piece of real estate. It will be sufficient to put our investor in pos- session, enable him to stop paying rent nd give him the valuable right to the increase in the value of the proper If earnings are so small that our in- yestor can not save one dollar per month, the building association will issue half shares at_50 cents per month, if he can_y pea cents 2 as far as you havea r sonable prospect of being able to pay when due. There is nothing better for the ‘investor of small savings” than to be tied up, not too tight but just tight enough.” JOIN A WELL MANAGED COLORED BUILDING ASSOCIATION He said all things being equal we should prefer to join a building associa- tion managed by men of our own class. his congregation aad protest most A to the fact that th 80,000 | mon easons need not be rehearsed eee instantly iu fames, Many of the actors et that there were 80,000 | mon : 1g Sire manta — eloquently and emphatically | were more or lees burned in escaping. A [Colored people in the--Distriet off ie" eed gene ag mee over th against Motgaced upon the broth: panic ensued in the audience, and many Columbia, and said that if we were pete’ Dimeseniake dollars. Dol- | the solution Of the propren ae BALTIMORE AND OHIO B.R., & 2 black,” but how is it now?| of them were burned or injured in imbued with the right kind of epirit | jars will make it unprofitable to mani- | to be accumulated and business carried There must be something in the | escaping. In all, sixty-two persons were | We would not need to ask apy one | fest prejudice against us. on wherever practicable by co-opera- Saturday Evening, June 4. yery atmosphere of Washington injured in escaping from the theater, |for business opportunities. We] pur your sAvINe tion. ‘The building association plan is The Harrison and Morton Repub- lican League has signed a contract with the Baltimore and Ohio Rail- road Co., for a special train to car- ry its members, the District dele~ gation and friends to the Republi~ can National convention to con- vene in the city of Minneapolis, Tuesday June 7th. Accompanied by Capital City Band. The First Public Reception, as- sisted by this famous band, of the Harrison and Morton League will the Famous air and her odor that men, paved all over with such good in‘entions towards the race when they firet get here, so suddenly change and become his berators. If there 1s any place in this country from where a protest should eminate, regarding tbe murder and lynch~ ing of colored people in the Souvh, it is the church 10th and G, whose foundation and first bricks were purebased from Freedmens bak and bureau of refugees freedmer and abandoved lands money, and mostly from burns. The printing plant of the Daily Times was entirely de- stroyed. It was at first thought that no lives were lost, but later developments showed that six members of the “Devil’s Auction” Company lost their lives in the flames. Several of those injured have since died in the hospite A Great Stock Farm. Milton Young, of Lexington, Ky., has mortgaged his famous McGrathiana thor- oughbred farm, containing 500 acres of land, together with his stud of 10 stal- lions and 200 mares, to Tattersalls, New York, Limited, for $100,000, the largest mortgage ever placed on a Fayette county would make our own opportunities. We would make opportunities for other people. They would be com- ing to us asking for employment. MR, W. E. MATTHEWS spoke of money as a factor in basi- ness. He said that the bad name which had been given to rich men in antiquity was probably richly deserved. But the conditions of wealth have vastly changed in modern times and now most rich men are benefactors. The Vander- bilts give employment to 100,000 men. He concluded by saying that | as arace we must not be afraid to Pet them where they will be safe and realized upon if really ne ekness or lack of employment or any real necessity. But our investor of small savings must put his money where he can not lay his violent hands on it to spend at the dictate of some fancied demand, caprice or fashion. Put it where you can not easily reach it to lend to some impecunious or friend member of your own family. Do not at- tempt to ca your savings in your pocket, nor to keep them handy about the house, nor yet to keep them in bank on demand without interest. The most experienced veterans at saving can not keep money so h .ndy and tempting, for spending and lending. Smal savings one method of co-operation especially suited to our condition and cireum- stances. If we are to make the pro- gress our friends hope for and negative the theories and statements with which our enemies are filling the publie prints about our lack of capacity to do busi- ness, We must come together and co- operate in building up industrial, me- chanical, commercial and financial in- teresis nong ourselves. We must ike 2 showing of success in all these lines, and demonstrate by our own achievements that all theories about our lack of capacity are false. This can only be done by the development of a generous spirit of co-operation among those who are interested in the result. be given in this city about the 28th oes Tl joacity. | farm, Mr. Young’s intention is to lay of May. the chapel at Howard A rivereitYs | oot this money in additional mares and | et money logitimately. It is now | should be invested so that they will be MR. ROT. H. TERRELL ‘ both institutions got their start] 2 hione until he makes MeGrathiana the {nO disgrace to be rich. We must out of immediate reach, where the per-| spoke to the theme, ‘Our college The band will give a public con- cert in St. Paul, Minn., and one in Minneapolis. The District delegation, the League and friends accompanied from mney taken out of the freedmen and freedmeus funds. We call attention to the circus lar letter and address signed by largest breeding establishment of the kind inthe world, Last year the pro- duce of this farm won $340,000 on the American turf, and the appraisers fixed the value of McGrathiana at $500,000. get more of the material things of this world, Money or its equiva- lent was an important factor in affairs. We must accumulate mon- son trying to save not only will lose much if he draws them out for any purpose before a specified time but will also gain much if he continues to make additions and allows them to remain for a given time—long enough for the men in business,” in which he showed conclusively that college graduates though ouly five in one thousand of population, yet they fill more than half the positions of Messrs, Clark, Agel, Farmer. ey and there was no better way é 2 7 a a eee ¢ 2 sums deposited and_ their accumulated | . ibi i “4 the band als leave the B and Kelly and Lanaton. We hope They Were a Race of Giants. than to support our own enterprises. | Freer st to grow into a considerable trast and responsibility in the . depot on Saturday evening, A new skeleton has been found in the sum country. He was for the best edu- June 4th, at 11 o’clock and arrive in Minneapolis June 6th, one day before the convention. As the number will be limited, call and make arrangements at once. W. CALVIN CHASE, President Harrison and Morton Where is Hell ?—Lynchburg, ‘much of our brother in white, but that in every colored church in this city there will be fasting and prayer on the day named in the circular. We have the right to ask as we cannot expect him to beseech Gd in our case, it is, that is this matter, only the black race tbat ia being butchered, cu'raged and murdered, what care has a grottoes near Nice, on the Medeterra- nean, A number of skeletons of prehis- toric men and women have been un- earthed during the last twenty years there. One of them is that of a man whose estimated height is seven feet nine inches, while another is the skeleton of a woman six feet three inches tall. The fact that in all discoveries of this charac. ter the remains have been of an unusual height would indicate a physical devel opment in the human race which is not INVE INGS. HOW TO SMALL SAV- Srprecn oF Mr. A. F. HILyer. Mr. Hilyer began by saying that he supposed the chairman had @ signed to him the topic of “Investing ull Sav-! ings,” because it was supposed he had some experience in that line. He said that money paid out for clothing, food, and the like, was spent. To be invested, THE GREATEST AMOUNT OF INTER- EST OR PROFITS. Security being assured it is of very great importance that our investor should receive the highest rate of inter- est or profits, and that interest or profits be compounded as often as pe yle and put to Work. ‘There is no ma ket for the loaning of sums less than 3100 on real estate securi The banks and trust companies offer 2 and 3 per cent. Building associations pay 5 and 6 per cent to withdrawing members and from Si cation, that which best fitted men and women for active life, but thought statistics showed that it was ro disparagement to have graduated from college, his idea was borne out anong the colored men of this community. He said that Mr. Jno. F. Cook, Dr. Parvis, Dr. Shadd,Dr. Francis, Mr. Hilyer, Mr. Hutchens, Prof. Cook, Mr. Merriwether, and others, all men who are prominent in developing Va., Counselor. Chicfly in the Anglo-Saxon for an Afro-Ameris | teached to-day. ae se be put ini ob aniberest; Or | 10 to 15 per ne per annum to those the business talent of the race, men F i — when be can use stil P: fe fax. some kind of property of a more or less | who continue their payments until the : South. A few weeks ago it was can only—only Ssulllleeeeparing toc Wee permanent nature bought with it.| stock matures. At3 per cent, simple who have made some progress in in Virginia, then 1t drifted to Pine Bluff, Ark, then to Mississippi, Florida, Georgia, Louisiana, Tex- as, back to Arkansas, assuming & most horrible form at Texarkana, week before lust. Last week it was at Memphis, Tenn. Sunday of this week it was at Rapville, La. Last week il was retraneferred to Tennessee, close to Nashville, where it will be next no one can foretell. Hell bas broke Joose in the country and biackmen are the victims. We are still in thought wondering why the power of God him to b's advantage? Butc me, jet us fast and pray, and God will listen to our appeal for the down- trodden and persecuted. ar MYTHS AND MIRACLES. Last Sunday, nine orthodox min- isters from Washington palpits jumped on Col. Ingersoll, and his human philosophy. Will some one please tell us what minister had a word to say against the enbuman- ity of the lynch law, the murder and outrage that seems just now to have a premium bestowed upon | it in approval, by the preachers of | One ounce of the real, There is no relaxation in the prepara tions in Europe for war on a grand scale. ‘The latest report in this connection is that the French Government will, soon as possible, have freezing chambers constructed in its principal forts for the storage, in time of peace, of vast quanti ties of meat for use in war time. ‘Tc carry out the plans adopted for this pur. pose by the Ministry of War an appro priation of 46,000,000 francs (over $9,000. 000) will be asked for in the budget of 1893-94. —— Soldiers for the Fair. General Schofield has informed Gen eral Miles that four battalions of cavalry, five batteries of light artillery, and five regiments of infantry, all of whioh are named, will participate in the opening | property. | ly property incre Something must be saved from earn- ings before any sum can be invested. Before one can do very much in the | inancial world he must accumulate at least $100. To pay one’s debts, live, and do this from small earnings he knew was an uphill road. Yet it was what we must do; many had_ done it many others could and would do it. | Every one who has $100, is that much } a capitalist. $100 A SILENT PARTNER, When you have $100 well invested you have a silent partner, or assistant, | to help you to earn the next and each | sueceeding hundred, a partner who will | earn for you interest or profits, or what | s of more value yet, secure for you the right to the increase in the value of Ev one knows how ases in value, espec y interest the highest rate obtainable from the banks and trust companies it will require 33 years and 4 months for any sum of money to double, at compound interest only years 164 days, a gain in time of nearly 11 years favor of compound interest. There is great dif- ference between the accumulating pow- er of simple and compound interest. The frequency of the compounding periods is also a considerable factor. THE BUILDING ASSOCIATION fulfils all four of these requisites best investment for small most completely and sati: any other plan, with which I quainted. In fact, this plan was de- vised—made to order to suit the ii vestor of small savings. I regard a PLAN ete | well managed local building association the acquisition of wealth, had the misfortane at some time in their lives to haye studied Latin and Greek. MR. HENRY E. BAKER the genial and hard-working secretary of the association was then introduced. He gave the history of the organization, development and growth, which we give to the readers of the Bre. Among other things he sai “Every advei has its sweet uses, and so the adversity of the sudden over- throw of the republican administration in 1885 awakened the colored citizens of the district to the necessity for seek- ing other avenues of employment than those afforded by the department ser- vic 4 y | managed on the original plan of a mu- os 7 " any | tual co-operative savings and home- Very many of our better educated col {in the District of Colum E y ; ery Lp ak ay mgt yersons have become rich from this | getting associati er en aa a TI. &, | ored citizens were €! ry le Ege alone. Le enact isi anecciaag he teed ous departments of the government and bond. The funds are usually loaned on | © bie schools; and as long as there THE REQUISITES OF AN IN MENT | real estate security to the amount of | Poko a nools; rea parm their FOR SMALL SAVINGS. about 75 per cent. of the market value | seemed nO anger There are at least four important re-' of the property taken as security. A (Continued on second page.) the gospel. js not sought through the gentle— men of the cloth who occupy the pulpits. All euffering humanity gets a hearing from the pulpite save the black race—the indian, Russian famine sufferers, and all ceremonies of the World’s Fair. SS true humanity, practiced by Col. Ingersoll, outweighs the deceit and hypocrisy of a big number of our ministers. Ws honor Ingersoll be- cause he is amicus humani generis. The really disastrous stage of laziness is reached when a man feels that itis too much trouble to avoid trouble.—Wash- ington Star.