Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, October 22, 1907, Image 1

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THE WEATHER. For Atlanta and Vicinity—Cloudy, possibly rain tonight; Wednes day fair. AND NEWS ATLANTA, GA., TUESDAY, OCTOBER 22,1907. fa Atlanta: TW,. CENT*. Oo Tralna: FIVE or NT*. PRICE; GEORGIA SCHOOL GIRLS AT THE STATE FAIR HIGH FINANCE CAUSE OF WALL STREET CRASH, DECLARES ROOSEVELT Will Serve Remaining Sixteen Months Unswervingly. PRESIDENT TALKS OF PREDATORY WEALTH Stands For the Average Man Against the Wall Street Broker. Nashville, Tenn., Oct. 22.—For the first time since Theodore Roosevelt was elected president Nashville had him as her guest of honor today, and the na tlon's chief executive was given an ova. tlon that was as sincere as It wne splendid. It seemed as though all mid die Tennessee had congregated It Nashville to rfreet the president; li fact, the cr.otvd was probably the great est In the history of the city. There were hundreds who had oven come from the neighboring states of Ken tucky and Alabama. All the business portion of the city, especially along the line of march from the union station to the big auditorium where the president addressed the peo- pie, was one waving mass of flags and bunting. Mayor Brown had proclaimed a holiday and every Industry, every store ceased work and business for the space of two hours, In order to give a royal greeting to the chief magistrate. Greeted by Govornor. The president’s special arrived at 9 o'clock from Memphis, to which point It had proceeded from the scene of the recent near hunt at Btamboul, La., with only a brief stopover at Vicksburg. At the station a large reception committee of prominent cltlsens of Nashville, to gether with officials of the Board of Trade, met the presidential party. Pres. Ident Roosevelt was escorted to a car riage. where he was presented to Gov ornor Patterson and to Samuel G. Douglas, president of the Board of Trade, Headed by a military escort the long procession of distinguished people wound through the up-town streets, one. block from the depot the president was greeted by several thou sand school children of Nashville, who stood on a great platform and waved the American flag as they sang "Amer ica." On another corner 600 students of Vanderbilt University made the welkin ring as they gave their hoarse college yell for the president. These Incidents seemed to please Mr. Roosevelt Im mensely. All along the line of march the ovation accorded the president was a splendid one. 10,000 in Auditorium. At Ryman Auditorium the president was briefly Introduced by Governor Petterson and he made a short speech here to a gathering of 10,000 people. Speaks at Auditorium. At the auditorium Mayor Brown In troduced Samuel O. Douglas, president of the board of trade, under whose auspices the visit to Nashville was made, and Mr. Douglas presented Gov ernor Patterson, who briefly welcomed the natlon'e chief executive td the city of Nashville and Tennessee. A wild demonstration broke forth a* the president stepped forward to ba sin his speech. He said: "Mr. Governor, Mr. Mayor, and you, my fellow cltlsens, men and women of the great commonwealth of Tennessee (applause): "It Is Indeed a pleasure to be here In the capacity of the guest of this state today to extend a greeting to Its citi zens gathered together. "Tennessee's history dates back to the formation of this country as an Independent republic. Haughty back- waters men from the valleys of Vir ginia had crossed the divide and set- iled on what was then known as the ■ western" water*, before the flrat con tinental congress met. And this state was founded In the very middle of the revolutionary War. for while our peo ple on the seaboard were winning In dependence. the' people west of them L.. I I ’ -> ^ ‘ .I LI-.—I- teals ILL STREET Knickerbocker Trust Co. “Run” Forces Suspension. 00000000000000000000000000 O SECRETARY CORTELYOU O OFF TO PANICKY SCENE. O O O O Washington, Oct. 22.—Secretary O 0 Cortelyou left for New York this 0 0 afternoon to look Into the financial O 0 situation personally. Before leav- O 0 Ing he made the following state- 0 0 ment; O 0 "The secretary of the treasury 0 O Is keeping In close touch with O 0 business conditions throughout 0 O the country. In the matter of O 0 public deposits he will at all times 0 0 consult the needs of legitimate 0 O business Interests and will not 0 0 hesitate to deal promptly and adc- O 0 quately with any situation that, 0 0 may arise.” * 0 0 O 00000O00000000000000O00000 New York, Oct. 22.—The Knicker bocker Trust Company of this city has temporarily euapended payments at Its Bronx branch, and also at Its branch at One Hundred and Twenty-fifth street. The company has taken advantage or the flve-day rule, discontinuing pay ment at Its main office In Fifth avenue. The Knickerbocker Trust Company was forced to suspend after one of the most sensatlonnl runs In the history of New York banking- - 4 Although the seqpnd largest trust company In the city, with deposits of 160.000. 000 and a surplus of more than 15.000. 000. the Institution’ found Itself helpless In the face of the crisis preelp Rated by the forced resignation of Charles T. Barney as president last night. Even the pledge of support by the Clearing House Association and the millions In cash of J. Plerpont Morgan, F. G. Bourne and other financiers availed nothing. It was Impossible to continue the steady stream of gold and silver that flowed through the paying tellers’ windows. The Harlem branch was the first to close at 12:30 o'clock, after they had paid 2860,000 to depositors. Depositors Protsst. The same action was taken a few minutes later at the Bronx branch at One Hundred and Forty-eighth street. A few minutes af;or the suspension was announced at Nc. 66 Broadway, Super tntendent of Banking 8klnner took charge and ordered the doors closed. Everybody In the bank was driven out. the depositors protesting loudly and demanding their cash. Superintendent Skinner had a brief conference with the officials of the trust company and then communicated with the attorney general of the state. Wildest Rumor*. The wlldeat rumors Immediately be gan to circulate In the Wall street dis trict. The saner Impression, however, waa that the trust company was sol vent and that It would resume pay ments tomorrow with unlimited cash at Its command. Superintendent Skinner refused to make any statement after taking charge of the main office of the trust com pany. The suspension of payment there ••• • T Recommends Build ing to Protect Records. WOULD RESCIND SPECIAL TAX LEVY Urges That Annex to Cost $25,000 to $50,000 be Built Instead. ; „» GROUP OF GAINESVILLE BRENAU GIRLS AND MEMBERS OF FACULTY AT PIEDMONT PARK. One of the most interesting spocial days at the Georgia 8tate Fair Was Monday, set apart as “Brenau Day,’’ when hundreds of the pupils of the Brensu College end Conservatory at Gainesville, Ga., were the guests of the fair, and gavo a concert, besides a practical exhibition of their work at school. begun the great hlatoric talk of th,, conquest of a contlnet. (Ap plause.) , River Improvement. "And at the critical moment In the >i nurgle for American Independence, "hen all of the Southern state* lay un. der the heels of Cornwallis’ army, word «'im brought to the British leaders that ihi ■ backwaters” men had crossed the "atari to the middle of the mountain's valleys—tho mountain riflemen of Ten nessee—had conquered their foe and “gain raised the standard of American iieedom. (Applause.) It was a great and noble work and die future life of the state has proved *“rthy of It (Applause.) I recall no uiher city where you have the tomb of president within Its bordere and 'hi t„mb of another but a little way "uialde. (Applauee.) And Tenneesee "ml the sons of Tennessee from the day ’ iv state was born to the present time have proven their ability well and * l,r ly In the affair* of our nation. Continued on Pag# Two. had caused wild excitement, but this was doubled when the watchmen and special police of the trust company be- gan to clear the building and the an nouncement was mad* that the doors were to be closed. There was no one who would say that the Institution was not perfectly solvent. Stock Market Excited. The stock market was greatly excited today when It became rumored that the big trust Institutions of the city- were under suspicion. It' Is believed the sit uation waa precipitated by the resigna tion of L. W. Mott. State superintend ent of bank*, who. after he had started an Investigation, became panic-strick en. Wall street almost unanimously denounced hi* action*. Around midday the banks were forced to come to the aselstance of the stock market. Bankers feu that Mr. Mott should have helped the situation and stood by, being a new man he could not have been blamed for development*, whereas an opportunity of a lifetime was presented to make a record by- cleaning up affairs. Race Results. JAMAICA. First Race—Explosion. 6 to 5. won; Rosamtro, 7 to 6, second; Banyah, 2 to 1, third. BANKS ARE ALL RIGHT, SAYS N. Y. COMPTROLLER Special Attractions Are Billed For That Date. Atlanta will take a holiday on Wed nesday and every citizen of Atlanta who is not detained by business pr other pressing matters will take ad' vantage of the opportunity to visit (he state fair at Piedmont Park In celebra tion of "Atlanta Day." While no special program has been arranged for the occasion, all the at tractions nt the fair grounds will be at their best, and a special effort will be put forth to make all visitor* feel that the day has been well spent. Prominent among the attractions will „> the Georgia derby, which will .be run for the flrat time Wednesday aft ernoon. There are seven or eight en tries for this trial of speed, and some of the fastest horses In the country will contest for the 1500 purse which has been offered the winners. The race will be for a distance of one and one-fourth miles. Because of the fact that it will be Atlanta Day. Ranch 101. one of the best wild west shows In existence, wilt give three performance*, one In the fore noon. one In the afternoon and another at night. The day performance* will be free. Ask Half Holiday. The management of the'fair associa tion has petitioned the merchant* and other business men In town to close their store* and 'ahopa for the day In order to allow their employee* to visit the fair on Wednesday. It la probable that several business houses will be closed the entire day. while many have consented to close for at least a half '''"Poultry Day" at the fair grounds Tuesday was the occasion for another large gathering of visitors, and the t'ollseum, where the show Is being held bps been crowded with admirers or high-bred fowls. There are between thirty and forty different classes and every breed of fowl known to fowl fanciers I* on ex hibition. Some of the finest birds In the South, many of them prlxe winners at other ahows, are being shown Tues day. The prises range from 16 to 60 cent* for each class. The award* will be announced later. As a special attraction Tuesday aft emoon. there will be a match race be HALF HOLIDA Y WEDNESDA Y; “A TLANTA DA Y”A T THE FAIR — - ■UlauUL.uisrcbanls. nisnaracturers-and ell employers are urged by the msiisge- i.irut or "Georgia's state fnlr t« give ttu-ir employees a half .holiday on Wednesday. "*"entn liar, at the fair. There are tlmnaanda of men and women In Atlsr — hare had no opportunity to visit the fslr. tnd Wednesday la set aside ilny, when special feature, will be presented. Mayor. W. It. Joynerhas Issued a proclamation ordering that the elty hall be closed at noon Wedhjwtay In order that city officials may attend the Atlanta Day exercises at the fair. ’ , The following address to employer* has been Issued by the directors of the "To the Merchants. Manufacturers au,i All Interested In Business In Atlanta: The l»oanl of directors of tbe.Oem^gh^ Btate^fnlr mnkesapjpsal^to you to close your places of business at 12 o'clock on'WminesdaT,*Octo%er 23, and allow your employees to elslt the state fslr now In progress. "This Is the last week, as the exhibition closes on 8atnrdny, nest. The exhlh- J™, * n / Bt . nt * M r * Th * agricultural prod- nlflcent resources and development that they are an object lesson which every sen should see. "Machinery exhibits, displays of lire stock, poultry, woman's work and art are •Imply splendid. "In the way of i "In th* way of amusements, we hare the 101 ranch, n ‘wild west show' of splendid proportions and -wonderful attractiveness; a better 'wild weat* than was ever before seen In Atlapta; the best races, perhnpa, that Atlanta has ever wit- nessed. "We confidently say to the people of Atlanta and Georgia that there hna never been a fair held here that was so nttradve as this, and we feel justified In ask ing your patronage. “Ef "Everr patriotic Atlantan Is Interested In making Atlanta enterprise* success ful, espcclnlfy where they have merit. "Ail who hare seen this big fair pronounce It highly creditable to Georgia. "Piirmiriiifi* I1M liv rnmliiL* out find lirlliHns* emir ntnnlnv*.,. "AH who hare seen this big fair pronounce It highly c L "Encourage us hy coming out nod bringing your employees. "II. II. tishanjas, president; J. Lee Karnes, vice president; C. I. Itrnn, tress- ... - ,— president; a. !.ee names, Tice |>rt nrer: Alex W. Smith, W. It. Joyner K. It ituUnse. J. a. Cohen, Ituhy llntilnsnu, W. It. McClelland. F. H. Kills, M. Bleb, F. L. Seelr. II. lMrlaon. II. I.. Crew, H. Van Landlngham. Jerome Jones, Frank Weldon, secretary and general uinnngcr." One Flying U. S. Flag Passed Over Lake Michigan. METHODIST EDUCATORS OF ALL AMERICA MAY MEET HERE IN SPRING Educators from all over the country, con-.lonta will get the meeting, nccted with the Methodist church, will A Thousand Visitor*, gather In ‘ Georgia, probably Atlanta, In | This general board will bring to Geor- April or May of next year when the .'■ *j£ lr S m," on^T the' tm'ut'l!' bm anal, meeting of the general board gf c«u- ,,t» well, and It I* fipreted that 1,000 Mflnn rtf Him Mothmllflt Knlirotiil ■•hnn-V innr* rlillnr* will li> nnsaai si.. . _ to hold It cither In April or May of naxt year. There are on the general lioard of educa tion of the Methodist church *«mie of the most eminent, educators In America, and cation of the Methodist Episcopal churc'» South, la held. This was announced Tuesday morning* following a conference between prominent Methodist educators held In the office of The Wesleyan Christian Advocate, In the Peters building. This conference was *eld between Dr. John I>. Hammond, of Nash- J lle, general secretary of the general board educiition of »tbe Methodist church. Smith: Professor 1., II. Harris, of Nash ville; the presidents of the various Meth odist school* und college* In Georgia an! the board of education of the North Georgia __ and South Georgia conferences. \ It waa pointed out by these that lt was decided at thin conference that lanta waa the prop**r city for incut in*. 14,1 the annual meeting of the general hoard •! 1 many reasons were given why Georgia a education should lie held In Georgia, ai|i chief elty ahonld be selected. It was the while Atlanta waa not finally decided upon, I general belief that Atlauta would be fltml- tbere la strong reason to lielteve that At-ily selected. Chicago, Oct. 22.—Three racing bal- loons participating In the great Inter national long-dlatanre contest were sighted In and near Chicago today. At leaat one of these balloons la over Lake Michigan with the aeronauts In peril of their lives. One of the air craft, the United States No. 3, Is bound across the lake with a life-saver’H motor boat Ih full speed chase. This Is the same balloon that won the European contest of laat year, making a record of 402 'hilles. 8t. Louis, Oct, 22.—The entire middle west Is li com! the nslloqn hunting today and messages are dug from the entire territory between Ohio river and the Illinois boundary. An American balloon was seen close to tbe ground. It ha* started directly east, and at the present rate will loud In Virginia or on the Maryland coast. The Germans flew high In a northwesterly direction, and will probably cross Michi gan state and laud In Canada. Tbe French and English balloons traveled at it medium ROOSEVELT ON HIS tw«n PUtt, pwnedbytjie^araon^iti- Qf Nebr> shows ■f-e* York, Ocl. 22.—"The bank* are J 11 right. If there were any danger it nessed and other state official* and m?Ko ^ charged with the custody of the P"*5! c money* feel confident that the T‘- v- « um ,l, e Mat* ha* on deposit In , T »ric city I* safe.” n statement wa* made by Martin **■ t *‘>'nn, comptroller of the state. "The situation I* Improving now." ho declared. "Immediately on hearing the first rumor* that the New York clearing house deemed It necessary to taae the radical action It ha* taken to force cer. . • ihemeatl’M In ItnilflllPr raaicui simwii d — - tain banke to put thema#l_ve*_ln sounder condition It became <«oty „ operate with It*- committee and *f» have done *o with the beat result*. blsa and Ada Rich, ow Wallace. There are few times that either of these two horses ha* put their nose* under th* wire any farther back In the race than flrst. and great Interest Is centered In the result Tues- dav afternoon. , The distance for this race will be on* mile for a parxe of 6160. Bulloch County Day. Thursday will be "Bulloch County Day" at the fal, and one of the most Interesting feature* will be an ohl- Fight and Will Call As sembly Together. lelncotn. N«*i»r., Ocl. 2t—President Roots* relt, during the trip of the governors down the Mississippi river, attempted to whip l((lol „,.., tbe Republican governors Into line for bla fashioned country dinner, served to in- j r*n;rsltsntfnn Men a* against state rights, I ---« Ns a result. Governor Khelrioii. of Ne- " ? braaka. will call an «**rra *c**lou of the legislator* to pass law* antagonistic to th* represented at the funeral ceremony, Roosevelt policy. Governor Hbeldon came In for n severe curtain lecture from the president, and the other governor* received almllnr talks. Tbe Ncbrsaka governor’s fighting blood la aroused over the lecture he rendvwl, and be hna determined to show Roosevelt that Nebraska can uni stand with him on bfs doctrine. The president told tbe state executive* that they wer* "wav off" on "this states' rights business." lie told them tbe time has come when the Federal government must hare the exclusive control of railroad and all other IHg corpora Mona. He told them the Republican party must declaro for this. W. A. GARWOOD DEAD; loou, was flrat reported dropping me Into Mount Vernon about midnight, uorthwest. Two Imlloons paaseo! over Gays Lake, near Waukegan, Ills., at 6:06 this morning. Another flying tbe American flag and No. 3 passed Eton City at 6:90, tbe occupauts calling "All U well!" Spectacular Start. The start yesterday was spectacular, and was wltneaard by a throng gathered In Forest Park variously estimated at from 60.000 to 150,000 persona. All 8t. Loula gased skyward during the late nfternoon, but a heavy pal! of smoke obscured the view from the greater distances. The action of the Gcrmsun In taking tbe higher alti tudes assisted materially In making the start the splendid spectacle that It waa. Float A strong protest against the proposi tion to erect a new $400,OOd court house for Fulton county at this time and a recommendation that a. fire proof build ing* for keeping the county records be erected Instead, a cost of from $25.- 000 to $60,000, was contained In a speclnl recommendation made to Judge Pendleton, of the superior court/ Tues day afternoon by the grand Jury em panelled for the September term. The grand Jury also expressed Its disapproval of the general proposition to unite county and city building." and further recommended that the special tox levy of $100,000, Imposed for thu purpose of raising funds for building the new court house, be rescinded at once. The recommendation of the grand Jury In full, os read to the court by J. K. Orr, Is as follows: Grand Jury's Report. "Atlanta, Oa., Oct. 22, 1007. "To Hon. John T. Pendleton, Judge Superior Court Atlanta Circuit: "We. the grand Jury Impaneled, chosen and *wom for the September term of Fulton superior court, respect fully submit their special presentments. "We are opposed to a union of county and city bulldlngK at any time. And We are opposed to the building of a new court house at this time. We fa vor the Immediate construction of a fire-proof building for records on th# Hunter street plazn. We have reached this conclusion after ascertaining the amount of space now required by thu records, after consideration of the court and office business of the county, after consultation with architects and build ers and obtaining estimates from them and after haying had a Joint meeting with the county commissioners, with whom the question was fully discussed. "There can bo built a fire-proof build ing for records, having a basement and thrss floors, any one of which would be large enough to hold the county records from 1853 to date. Of course, record** accumulate now much faster than In the earlier years of the period named, but, allowing for that. It is plain that a building with four times the space now occupied by the records for fffty- L SIX lloons were visible at one time, the American contestants being the first to disappenr In the hsse along the horizon. The at. Louis, tbe Isst of tue contestsuts to get under way. was greeted by “Van pi wmm hr — it i . kee Doodle" at first, and thru, nuilil re newed cheering, the band struck Balloon Crosses Lake. South Haven, Mich., Oct. 22.—The first balloon to cross Lake Michigan reachod South Haven after an exciting trip. It bore two large American flags and It Is thought to be the "United States," No. 3, In the race. CONGRESSMAN HALE IN AUTO CRASH AM ATPTID TDT A VPD Nashville, Ocl. 22.—Congressman iUy).Ai£iU£t rjjAltltj llulo. of Knoxville, wa* In an autonio- Centinu.J on Pag# Two. . bile *mash-up today on the way to The \V. A. Garwood, Bne of the beat- I Hermitage, where Mr. Roosevelt spoke, known and moat popular umatsuf base- I The car In which Air. Hale and hi* ball player* of Atlanta, died Tuesday I party wen* riding over the dusty pike morning ut hi* home. 62* Central ave-1 where It was almost Impossible to see nue, of typhoid-pneumonia. The laxly narrowly missed colliding with a bu* will be taken to Jasper, Ga.,Tue*day I loaded with passenger*. The driver of night for Interment. I tbe automobile either had to collide Air. Garwood was a member of Ihei with the bus and endanger the live* of Beck & Gregg team of the Commercial j many |>er*on* or turn Into a fence, and League, and member* of hi* team and; chore the latter alternative, smashing other team* of the organisation will be hi* machine badly. Fortunately none of his paatengtra waa *eriou*ly hurt. Ron county for n* long a time ahead ga need be provided for i.v th» tax payer* of title time, tn verbal and written communication* wo have the estimate* of export* that such a build ing can be put up at an estimated cost varying from 325,000 for a building of 8,000 feet floor area to <(8,000 for a building of over 12,000 feet floor space, the cost rarylng with the amount of ornamentation to be used, but. In each cane, being for a building llre-proof land sightly. No Nted for Expenditure. B It ha* been said that the erection of such a building would bo a make shift. This word doe* not frighten us. We feel that there 1* no need In the near future for the expenditure of four Ihundred thousand dollars for the erec tion of a new court house. Allowing for possible under-e*tlmate* and for furnishing, It I* clear that fifty thou sand dollar* I* the largest amount that need be considered for the co»t of a flre-proof record building, large enough for from thirty to fifty years—especial ly when one of the foremoat architects In Atlanta estimates this cost In writ ing at from <26,000 to 328,000, without furnishing. We concede that a new court house would bo more sightly and might be a source of pride to many cltlsens; but we aubmlt that such a luxury I* not necessary, and we put against It the advisability of economy In the expenditure of public funds to the strictest extent consistent with the frecessltle* of public affair*. The erec tion of a flre-proof building for rec ord*. which we recommend, will rake cure of the needs of this generation, let the next generation provide as needs arise. For'these reasons we protest against the expenditure of any Urge sum nt money for the erection of a [new court house. Rescind $100,000 Levy. "Protesting as we do, we must con sider the extra tax levy for this year of 6100,000 for court hous* purposes us unnecessary. We respectfully sub mit to the commissioners that this spe cial tax be rescinded before It Is col lected. If It be too 1st* to do this, then our recommendation would be that so much as be necessary of the 3100.000 be used for a record building and the re mainder used to reduce taxes next year. "(Signed) J. K. Orr. foreman: C. G. Llppold. Alonto Richardson, L. W. Baxter, J. M. Stephens, John S. Cowles. J. A. Hall, Edward Gay, W. E. Hanye. J. I). Moore. A. L. Dunn. R. E. O'Doti- nely, W. A. Parker. E. A. Dav - '- — George M. Hope, James Bell. Goldsmith. Oscar Oppinhelmer." . I'J Homsr C. Dodgsn. Homer C, Dodgen, the 15-y« son of Mr. and Mrs. N. W. B. Dodgeu, died at the family residence ne^ non and Turner's ferry Tuesday Ing. The funeral service* will be held from the Harmonv i hurvh The Inter ment will be in Harmony church y The Atlanta Georgian spot COTTON. Liverpool, easier; 6.35. Atlanta, qulst; 11c. New Orleans, quiet; HVb- New York, ‘quiet; 11.43. Snvnnnah, dull; 101516. Au gusta, quiet; 1015-16.