Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, May 18, 1907, Image 29

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THE ATLANTA GEORGIAN AND NEWS. SATURDAY, MAY 18, 1907. 15 A PRACTICAL SOLUTION OF THE IMMIGRA TION PROBLEM. By COLEY GOODMAN, of London and Cardiff, England. The nor,! of-a permanent snppty of Intel ligent nntl efficient labor la n coudltlon that now confronts the rapidly expanding com- mercUl, Industrial and agricultural Inter- ents of the entire southeast. Tin* true source of such a permanent sup. ply Is the farm. Populate the broad, uncultivated acres of magnificent agricultural land of the southeast with high-class, English-speaking agriculturists, outf your iqbor problem Hill solve Itself. The Immigration problem about which so much has been said aud so extremely little of a practical character actually done Is, In Its last analysis, a simple business prop osition—one that should be taken up by the wealthy land-owuers themselves aud speedily solved. Unoccupied land, taxed on a fair basis, within a period of eight years, ceases to be an asset and becomes a liability, by reason of tbe fact that it has eaten up Its value In taxes. MUfu burden upon the owner for the furtnbr reason that his cultivated lands are forced to produce to carry the lineiitflvated acreage, i:\cry acre should he utilised or gotten rid of os speedily us possible. The extensive land holders of Georgia should take cognizance of this fact and try to remedy Ibis condition as a iiu-un lire of protection to themselves. * Why not organise a largo land and trust company among themselves with suffilcent capital and extensive European ramifica tions to market the snrplus holdings at a margin of profit sufficient to earn n small percentage on the capital represented and pay the running expenses of the organisa tion? It can Iw* worked out successfully under the recent decision of the department of commerce and labor permitting tbe en try of what Is termed ••croppers." or share farmers, under contract to the United ** The**British war department*hn*. within tbe past few days, in carrying out a policy of retrenchment, reduced the forces in of ono thousand men—men that have been In the service for years—men capable of earning from 12 shillings (13) to a guinea <♦&•»> per day were dismissed.' these men have Invested the savings of years In homes, and now on account of the conditions peculiar to Great Britain— there being two to three men available for every Job—must sneiifieo these homes iu order to live or sell out at a heavy loss and seek fortune elsewhere. With a land and trust company In Geor gia with an English branch It would be easy to advance these men enough money on the property In Kugland to bring them to Geor gia and give them 20 to 30 acres of farm property upon which to make a new start Once In Georgiu the trust company could advance sufficient on the Georgia property to enable them to erect n comfortable cot tage home, and the males of tbe family would at once find profitable employment, while the females would take care of and cultivate the flower and vegetable gardens, ns they do at home, and realize a handsome Income from that source. In dim course, the mortgage would be raised nnd Georgia would be toe richer b) the addition of n new fapitly of staunch. 4jn’$ ). resourceful citizens, whose friends, heating of their success, would speedily follow* them here. Yon ask where the land nnd trust com panion would come In. That Is simple. The trust company originally owns the land and turns It over to the land rompnuy at a fair valuation. The trust company loans money on the English property, and sells the mortgage In. England and when same Is foreclosed sell tbe property out nt an ad vance which means a profit to them on practically nothing advanced. * On this side, the laud company sells to the new comer at a substantial advance, nnd the trust company loans on a mortgage, nnd sells the mortgage In America, taking its profits Iu the Interest accruing annually un til tbu mortgage la finally puld off. OUR STOCK OF MONEY. The total stock of money In the United States on May 1 was $3,262,5(0.616, of which $2,952,106,026 was In circulation outside of the United States treasury. At the ttae Is not far distant whan the mow*«„%* eulntion will reach the $3,000,000,000 mark. It Is of Interest to compare the "tatlsUes of money In the United States with those of other countries. . .. The United States has one-flftb of all the money Jn tbe civilized worM. although It contains only onc-alxteeuth of tbe to- t3 jt fold's up ward of 23 per cent of all the gold In tbe world s coinage. It boa more gold than any other country on tbe face of the globe. France stands next nt u res ervoir of gold, but the United States has more gold than Franco nnd England put together. It has more gold* than all of the other countries combined, with the excep- Son of the edited Kingdom, France, Her- more gold In bank. n. mEf^&IUtSedlU than nny other country. The power of ,E3"&*‘fta‘than fore, greater In the United States than elsewhere. The deposit currency of the United States which rest* uw>n tho gold standard makes a currency of stupendous newer with which there Is nothing else In ihe* world to compare. Fence which doen comparatively little business by the use of checks. Las considerably more jPjd In cir culation outside of the banks than the ^Tbe United ^States alto contains *JJ* ver coinage than any other country, Its pro- portion of the world’s silver money being "Money fern thc'pmvcr to attract money it is not surprising, therefore, that our mousy market has assumed a commanding nlaee* In the International money markets !,nd during the past two years has been nace products aa fast as they can bo turned out. Woodworking eatabllahmepts In Southern states are In very much the mine position. They are taming out furniture In quantities larger t|ian ever, and are giv ing the railroads a quantity of finished products to haul short ami long distances which will guarantee that these highways ire not likely to ran out of business at any date la the near future. There may lie some falling off herd and there in some things, but the great Industries which are converting new materials Into finished prod- LOCOMOTIVE EVICTS MUUIHI1 FROM SUGAR CANE FIELDJ Frrtm The New York Commercial. For many years the gathering of sugar cane ami Its rehandling from catting until It reached the mill were a perplexing problem for the planter. The old way was adequate enough In years gone*by, hut the preseut Idea of cutting down the cost Inovery pos sible way has revolutionized old-fashioned methods. . | Today n typical American sugar plantation has lost much of Its ptctureiqoeness. smbln place of a negro driving bis mule and lazily I Hinging on his way from the field, one sees In small locomotive pulling n train of cars loaded with sugar-cane. The railroad, of course, is not a new feature; its Installa tion for this purpose dates sererel years hack. The cost of unloading cane from tho cars proved to be an obstacle which seemedi Impossible to cut down. Bui finally, a feos-l I hie plan was discovered nnd a model plant of the latest design can now be aceu In op eration at Franklin, la». » The cutting of the pane and Its transput** tntion from the fields to the cars la done by the same methods that have been In vogue, for some years past, but It Is nt the mill where the change from tbf old to the newl ayztem takes place. Hm lfl erected a steel structure, spanning two tracks, with suffi cient clearance to allow the loaded cars to I pass under it, and high enough for an auto- marie canv grapple 4o operate. Tbe length of tbe structure I. about forty feet, and on Ithe ton It, construction nllow, fur a trolley, tbe cur of which carrle* tbe grapple end travel, *t right angles to tbe track. The COTTON, IRON AND WOOD. Among the Industrie, which depend upon n domestic supply of r.iwmaterial,, cotton, irmt nml wood manufacture, have still .1 li!"hly promising outlook. Taking two such «rt..* B of , ^w , S^f^‘M.--7.f3i« i^’rar,'I. IV ,t^ l .nVtbc ^w« l eleetri U e. pig Iron fornacee ofTenneraecUndAI,- An IttcUue chute lit built In Kc framework I I - — *-...(- ,n.t tii,.v nre planning for A It , .opera tract arc, nnd lend. In an oppo site direction to the carriers which feed tbe mills. Into Ibis chute the earn' taken from the cars by the grapple Is deposited. One man controls tho grapple, which In Itself Is a saving, to say nothing of the time saved. The grapple being directly ondcr the control of the operator, allows only the proper amount of cano to he fed f«» the eon- veyor. In tho old way, the conveyor wax oftentimes overloaded, and Hi'* supply pnxs- Mima oV finds that they are pUnnlng for the’tSpScity Sf ,h on r tpuL n Th? «pton U atioS| try to ,till try ng to get up with the ded 3AiA country SSPhAM C ”toe different cool and Iran companle. ln iSHRThrffJsaJffiaS ffi** Alon"b Sto fl tKr‘uTm«e , h inanufneturlng “coiSuoM furnace operation* are In ten state than they havc Eecn at any jsar‘.n?ftiJr5m * w* * WANTED! I have an out-of-town customer who desires to exchange an elegant new brick hotel in one of the best South Caro lina towns, valued at $22,000, for a modem home in Atlanta. Rent of hotel paying ten per cent on investments Will give or take differ ence—what have you? ANDERSON, 527 CANDLER BLDG. Bell Phone 5161. worn needed to clear it. In loading the conveyor by toeana of the automatic grapple the possibility of overloading to entirely eliminated. i The grapple to worthy of t more minute description then the machine by which It I, operated. In construction It rewmhle, a series of lee tong, (paced about two feet apart. The total length I, fifteen feet, and when open I, » little leu, than thirteen fort high. The dosing power to practically the same u the rlam-ahell bucket, but owing to tho length ot the grapple two net, of clon ing wheel, wore found necessary. Owing to the severe usage to which this S nipple Is subjected, nnd to eliminate the ■ay caused by breakdowns, It to construct- ItS throughout of rolled stupes, wrought Iran and steel plates The unly cast Iron entering Into Its construction Is the |siwcr wheels, which could not well bo made of other material. 1 Tbe power of the bucket to sufficient to dll under nil conditions, nml to hold Its load, no matter how matted the cane may be In tbe care. I The cars carrying the sugar-cane vary In capacity from 23 toil) tons, and are un loaded at the rate of LM0 tons, or ahnnt 75 earn, per day. with the present equip ment this capacity coold be materially In creased, but owing to the limited capacity of the conveyor tho grapple cannot be work ed at a higher rate of apccil. On a trial of ono boor tho grapplo averaged one ruund Ip per minute and was full to overflowing Another Important feature of the grapple Is the manner Iu tvblch It handle* the cane. 7HE WEEK REVIEWED. By JOSEPH B. LIVELY. Indicated by id exprettKod the opinion that a d< * ‘ that day. nnd that tho proniincd Ur 1 tho anxious scut was plainly \islMr. Tho Work- May 10, tlou of tho market postponed, but thut they wl. _ rnd figure*—tbu stimulating Infiuenro on thr old-crop options—made public after tho closo on Friday afternoou, were bullish, and It was evident that tur bulla would have plain sailing nnd would roach the 11c goal In easy stylo In the future, hut ou Tuesday January sold at 11.01, tho first month to soil at lie or above. On Wednes day October and December Joined-the procession and wold above lie. And todn'y (Friday) the entire list crossed Me, January selling at 11.41, December 11.27, aud October nt 11.22. the new-rrop months leading the advance, something unusual at this season of the year, tho week under review leaving off nt the highest point. Predictions are made that cotton will sell above 12c before the first of June. Cnnifiarod with Friday. May 10, New York Is 36 to fio points higher. Tbe New Orleans market snows advances of from 24 to 56 points, as compared with Friday, May 10, the old crop mouths being the leaders. On Wednesday July sold at 12c In New Orleans. On Saturday, May 11, after opening 4 to 6 points higher In response to the cables, the active options sold down to Friday night's levels before the end of the first half hour. Trading was quite active and on the better weather shorts became very Aggressive. The weather map made a rather favorable showing and the fore cast. promised further I in prove incut. From all reports that come from the central of the belt, the fields are too wet to prepare the ground, nnd n good week positions. First prices were 6 to 15 points off, hot following Che call a steadier feeling manifested Itself for a time. Two days of sunshine frightened the weak- kneed hulls Monday morning and, their profit-taking and some selling by the hears caused a slump In cotton futures. The damage to cotton has been too gn*nt and widespread for even a mouth of good weather to make up for lost ground. Aft• ■ r opening 5 to 15 points there was some recovery during the morning session, as the forecast did not Indicate settled weather. At the close the near months were steady 7Cr8 Mats higher, while the late positions were easy 306 points lower. Tuesday was the starting jmlnt for an old-time hull movement. Liverpool led off with unexpected strength, the clow* showing advances of from 11 to 13 English points. New York thought well of the strength shown by Liverpool, and followed the upturn, showing gulns of 6 to 15 point* at tho opening, holding steady up to 11 o'clock in face of the heavy profit taking sales, the active months at that hour having added some 1 to 8 to opening figures. In New Orleans Initial trades were made at ad vances of from 8 to 12 points, and at 11 o'clock prices were unchanged to 8 points ntmve the o|N>iilng. Aft<-r 11 o'clock tie* New Orh-aris market was decidedly strong, October showing greatest strength, selling 31 points above the dosing price of Mon day. The forecast for a renewal of wet weather was the strengthening Influence. At the close futures In New Yofk were 409 points higher for the near months, while the lute months were Z3&-26 points up. January crossing the Ur ninrk. Liverpool again set the pace for tbe American markets on Wednesday, the close being at advances of 8 to 14 points. On tbe strong Liverpool the Now York market for futures opeued firm 70221 nts above Islana gave an : points above the previous close. Very heavy rains In Mississippi, Arkansas and !,ou- Islana gave an additional stimulating influence in July, October, December, and Jan uary, all these options selling well nbove Uc, heavy liquidation by the Wall street bull of July, prices sagged some 1101$ points by the noon hour. The New York market closed barely steady 9011 points lower on the near months, the distant positions showing gains of 4dl7 points. July In New Orleans sold ut 12c on Wednesday. After n slight depression ou Thursday, prices In the laf^ trading were rushed ran- Idly upward, tbe close being firm 9 to 15 points nbove the closing on Wodnesdai*. NEW YORK. liar ...TT July October .. November January .. 11.03 10.01 11.0110.0 1L2I 10.0 U.10-3010.66-67 mm 10.64 11.25-26 10.67-68 ‘ " 11.38-40 10.79-80 11.KM6 1I).IS.68 NEW ORLEAN8. M.j ■ ...” July October ., Deoenibor January .. , KM 13.00 11.41 11.99-91 10.7811.6051 1.47*48 I.Vf.M 11.31-36 Km 10.9656 10.9152 10.9696 ATLANTA MARKETS. FRUIT AND PRODUCE. ■ ■->— MVB^TdiHItKY^TImu. nctlro, 40c each; chickens, active, 4'J*fCc each; (lucks, I-rkln, 30c each; puddle 26e each; geese, full feathered, etch; turkey* dull 1344c P °I>UESSED POULTRY—dee*(, undrawn, active 10c pound; turkey, undrawn, active 14917c pound; rrie, active lotfllc pound; PRODU?&-Lard lOOHe pound; ham, ac tive 14c pound: shoulder, active lOCftlc pound; side, active lie pound; butter active kOBc pound; beeswax active 26c pound; honey, bright, arrive 10e pound; honey. In 1-pouml blocks, active 12V4c ponnd: white rULU O—1ATUIUUB, lUlli-j OJl'UlTlUi fthVVIV 6.S; bananas, por bunch, culls, active, $1; straights VAe. pound: pineapples, Cuban, per crate. $3.00433.50; Florida. $1.00; oranges, Florida stock, owing to size and condition on arrival., per box, $4.0004.5.'). Apples, New York stnte fancy, $6.5007.00. Florida honey poaches, $6.00 per crate. Grape fruit, Florida stock, owlag to slzo nml color, per box $2.5003; limes, Florida stock, per 100 $1.50; peanuts, !n sacks averaging 100 pounds each, owing to grade, per pound, 6^4f7Vic; dried apidcs,Y08Vkc; dried peaches, *TOaEyAllLKS--Yellow winaib. I7G2.S white squash $1431.60 crate; cabbage, crate, $2.75: per pound In barrels 8c; strawberries 10015c: tomatoes active, $12603.00: potatoes, now, $4.0006^0 barrel; onion*, Louisiana. $1.75 per bushel; Egyptian. 4c pound; old Irish potatoes active $1.1501.20 bushel; cel- cr«te; wuure. dhum, ncuTf, per crate; kraut, half barrel. $3.75; licaus, round green, $2.26; wax $l.Si0l.6O crate: aspara- (oa 15020c 2 pirn in I I'lii. hot; English peas, $2.60 crate; cucumbors, $2.26 crate; beets $3 | crate. GROCERIES. ItICB—Jap head 6B7c; fancy head 6%tt7. according to the grade. C1IBEHR—Fancy full cream dairy 17Hej twin, 1714 V. HtlUAIt-Stanilard granntotrd 13.3); Now York rednod 414c; ptoutatlou 4’4r. ■ COFFKB—llua.ted Arlmcklv, 114; bulk In ■r, and harrvla ISc; green Utfl2r. Shredded hlaeillt IS caae; No. 2 rolled S3 case: sack grlu, 96-pouad .hag* l.Wfl oyatera, full weight. 12 caae; light weight If.10 caw; cnporaled apple, 7Hc pound; pepper Me pound: baking powder IS case; red minion fi cam: pink aalmoa 14.26 caw; cocoa 40c; ehorolate 32c; anuh’, 1-pouud tora, 48c: roaat beef *2.40 caac; corned liccf *2.Cj can; cauup 11.90 can; (Urup, New t)r- Icau, 36c gallon: corn Kc gallon; Cnha 23c gallon: Georgia cane Me gallon; aalt, 100-pound, He; axle grease 41.71; aoda crack. 684c |>Ottnd; lemon 7c: oyaler 7c: l*r- ■ candy, per ponnd, CHc; mixed, per pound. 4wre: tomntot-n, 2 pound, »l.H t cnae; S-pound JJ.T-: navy henna 12; IJma beau,, I 6c; best matches, per groan. 41.65; macaroni, 6Me7c ponnd; nralncs, mustard. 43.25 cun; potash, 43-24C8 S0 ran; prannti, 7784c; rope, f“ply cottoa.Mjii^.OOJJ.-n FLOUR—Highest patent 45.15; best patent 44 75; standard patent 44,35; half patent 44.16; spring wheat latent 45. CORN—No. 2 white, J4c; choice white, »0c; white feed, 43e; No. 2 yellow, 74c; mixed, 74c; cracked corn, per huahcl, 76c; bulla, 413. C1UCKKN FEED—Flfty-pouud lacks 40c; rurlna chick feed, 41.M; Victor feed, 41.40; brand feed, 4L40- OATS—No. 2 white, 68c; No. 2 mixed, 67c; Golden oats 67c; white clipped 60c. MEAL—I-lnin, per 96 pound sacks, 7tc; 44- pound aacka, 74c; plalu, ai-ponud sacks, 74c: germ 41.23. HAT—Timothy, choice tgrge bale, 41.10; do, choice, smnll Imlcs, 41.40; do No. 1, third hales, 41.30; No. 4 tttrd tales, J1.20; No. 1 clover, mixed, 41.20; choice prairie, 41; Iicrmuda 41. 8IIORTB—Choice white 41.45; Texas white 41.36; fancy, no-pound, 41.40; brown, 80 to 100 pounds, 41.3&. PROVISIONS. PROVISIONS— Supreme hama UHc: bet, ilea, 20023 poonda; average, 10.33; fat bncka. 8.36; ptotea, MO; Supreme lard, 10.75; Pnr- Ity compound SKc; California hama 10 60: dry knit extra rilw, 4.35. • FISH. Fisn-Rrcam 7c pound; snapper lOe ponnd; trout Ic pound; blue flsb 7c ponnd: [mmpano Sc pound: mackerel 1284c pound ■lied Hah 6c pound: fresh water trout te pound; Florida shad roo Sa-; buck 10c: Georgia Bind roc 40c; buck 16c each. BARREN BRAND Washa ble Four-in-Handa. Ask yours dealer to show them. 2 1-21 inches wide. 48 inches long.f They are guaranteed to you I to launder. Price 25c. Over| 5,000 dozen for prompt de ary to the merchants. SOUTHERN SUSPENDER WORKS, Manufacturer!. 58-60 W. Mitchell SL ATLANTA, GA. At flrst It was thought that the cane would be crushed, but after several works' trial It was proven that It reached the mill In an ATLANTA SCHOOL OF TELEGRAPHY. Uodcr tho Direction of tbe Long-Established SOUTHERfl SHQRTHRIld nr can to gp V 1.2M poaltlona yearly; 7# typewriting ms- rhinos: 8 teachers; established 43 years. Cat alog free. Address URI8COE, 1'rrsldent, Atlsats, Ua. MORPHINE-OPIUM and all narcotic habita cured at your home Painlessly and Permanently (for $10.00) by an entirely new method. No Curw—No Pay.” Write today for details. Dr. G. PATTERSON, 82 Cen tral Placs, Atlanta, Georgia.