Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, November 23, 1907, Image 5

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THE ATLANTA GEORGIAN AND NEWS. SATURDAY. NOVEMBER 23. BAD BLOOD ••Before I Wan using Cnieoreto. I had a bad com. nlexlon.plmpl*** on my face, and my food wm not Siceated M H B >on d have bean. Now I am entirely well. and tho pimple* have a l disappeared from my face, I ean truthfully aay that OaKareta are Just *—*• It I have taken only two boxes of them" Pleasant. Palatable. i. Weaken or Gripe, 10c. 8c, The cenulne tablet atamp Guaranteed to care or your money baek Sterling Remedy Co., Chicago or N.Y. 600 ANNUAL SALE, TEN MILLION BOXES FEAR RACE RIOT IN JERSEY TOWN Burlington, N. J„ Nov. 23.—Fearing a race war wm to follow the shooting of Policeman George Gusraug as a di rect result of the murder of Grocer Ed ward Jefferson, Mayor Rue today re quested Captain Stone and his men. of Company A, National Guard, to assist the police In patrolling the streets, which was done. . WHY NOT SMOKE EEM Medicated tobacco or cigarettes cure your catarrh, cold, asthma, hay- fever. Sold by cigar and drug stores 10c. NO GIVING IN IN LOUISVILLE I.oulsvllle, Ky., Nov. 23.—The Louis ville Railway Company. In a letter sent to the committee representing the strikers, last night declined flatly to accept the terms offered, and the strike will continue. After a lengthy consid eration of the proposal for arbitration submitted by the strikers the board of directors of the Company declined to recede from the position they have taken since the strike was called. j INDICTED PLEAD GUILTY WHEN BROUGHT TO COURT Special lo The Georgian. Augusta, Go., Nov. 23.—Solicitor General Joseph Reynolds established a record this week by sustaining thirty- nine out of forty Indictments Issued by the grand Jury In July last. The fact that so many pleas of guilty were made was due to the efforts of the officials In establishing unimpeachable evidence In nearly every case. .The only case of acquittal was that of Roscoe Lee, ac cused of carbrcaktng. FINANCIAL PANICS; CA USES AND EFFECTS By A. C. To the Editor of The Georgian: I think the subject of financial panics, their causes and thsir effect Is a very appropriate subject for discussion at this time, which witnesses a most ab surd condition In the money centers of the state and the nation. The very Idea of a financial panic In the midst of the most prosperous period we have had within a generation Is preposterous and would be ridiculous In the extreme were Its effects not so se rious to the great masses of the peo ple'. What are the conditions of our finan cial matters at this time? All the money tied up, none to be had to move the great crops of the nation, which are being marketed and seeking a mar ket. as they always are at this season of the year; clearing house certlflcatqs being circulated as practlcsliy the only money available as our medium of ex change and to pay our debts and raise the mortgages from our homes and our farms. What are the causes of such condi tions? To give an Intelligent answer to this question, we must first know something of the national banking sys tem. through which the great bulk of our money supply comes to us, and something of the discriminating char acter of the national laws that author ise the system, as well as the economic laws governing the supply and demand of money as a medium of exchange. It Is an aceepted principle, long es tablished In government' science, that the volume of money controls the prices of labor and Its products In the country where It circulates. This principle Is so well established that but one writer of note In political economy has attempted to contradict It In many generations. With this fundamental law or princi ple accepted as true. It Is easy to see that with a full, free and unrestricted volume of money In circulation In the United States we will have prosperous times consequent to good prices for labor and the products of labor. Labor being well paid and the prod ucts of labor well sold, all business enterprises are stimulated—the farm er builds better homes and further de velops his farm: the merchant's trade Is good because his customers are pros perous and able to buy hls goods; bank deposits swell to fine proportions, and the money lender finds ready demand for hls money at good rates of Interest, because It pays the operator to develop to the fullest extent: the whole nation Is then happy and prosperous. On the other hand, with a small and decreasing volume of money In circu lation, labor Is poorly paid and thrown out of employment: farmers get non- rsmuneratlve prices for their products; merchants loss their trade; all business Inte.-ests are paralysed and bankruptcy and financial ruin follow In Its wake. With the two pictures above de. scribed set before us, ke can plainly see that the control' of money supply of our country Is a most vital and, therefore, of most Important concern to NEWTON. every cltlxen of our government. Would to God that every voter In America could fully comprehend this ono point. If they all. or a safe majority of them, could but see this truth as I see It. and as all honest and well-posted stu dents of political economy see It, tho present national banking system, under which a very few unprincipled and de signing men control our money supply and are able, at their own sweet will, to precipitate a money panic, even In the midst of prosperity, and disturb all business Interests, and In a measure confiscate the property of the debtor classes, would be overthrown and the laws authorising such a system be blot ted from our national statute books without delay; but I am digressing. Let us go back to the causes of the present panic. In my humble opinion, they are three In number: First. Ths rich corporations—rail road. manufacturing, etc.—having their surplus wealth Invested In United States bonds, are the national bankers and constitute the money power. Un der the laws and customs governing the present banking system, they have vastly too much control over our money supply; but not quite as complete con trol as they desire. There Is still 3346 000,000 of non-interest bearing notes of the government, called greenbacks. In circulation In competition with their bank notes. This makes It more diffi cult for them to corner on the money supply than If these gresnbscks were out -of their way. So they are using the powers they already have to cut short the money supply Just at t|tls sea. son of the year, when a great volume of money Is needed to move the crops and pay the crop debts, to make It appear to the people that more tponey legislation Is needed, and to force them to urge upon their representatives In congress to push the passage of the "currency bill," calling It "remedial leg islation.” A similar bill was before congress last session, but failed to pass. Now, left us examine Into this meas ure they desire passed. They want the government notes, ths greenbacks, all called In and destroyed; and they themselves be authorised to Issue their own bank notes Instead, giving them full control of our money supply, and placing our peace, happiness and pros parity completely at their mercy. Seconfl. They also want the govern ment to Issue more thirty-year Inter est-bearing bonds to maintain the na tional debt, upon which to perpetuate their Infamous banking system (It be lng based upon the bonded Indebted ness of the government), and to give an excuse for the tariff tax. vlx.: T< pay the Interest on the national debt. Bonds to bank on so they can con' tlnue to control the money supply, and thereby oppress and rob the people at will. A tariff tax, nominally to pay Interest on the bonds, but which In reality goes Into the coffers of the rich manufacturers to make them richer at the expense of the people. Two Mill Stones. This bonded debt you see! Bank Great ducks' *r ( . Copyright 1907 by Hart Schaffner Msrx weather for -and raincoats Come to us for the raincoats---all- I wool, smart in style, excellent in work manship, perfect-fitting, thoroughly rain proof. They’re as good for dry weather as for rainy days; dressy and appropriate for any and all occasions. Made in the shops of Rogers, Peet & Co., and Hart, Schaffner & Marx—no high er praisie could be said of them. $15.00 to $40.00 Open Until 11 O'clock Tonight. Daniel Bros. Co. L. J. Daniel, President 45-47-49 Peachtree St. extortions above! The robber tariff below! The people being ground to powder between the two. But another digression. Let us back to the subject. Third. The farmers being enlighten ed to some extent, through their or ganizations, present and past, and through the reform press, have Inau gurated plans to store their products, borrow money and pay their debts, and hold their products for equitable and remunerative prices. This especially applies to the cotton farmers. The Canton manufacturers that have their surplus wealth Invested In Unit ed States bonds, constitute a part of the money power, and being desirous to obtain the raw material as low as possible, as well as to keep the pro ducers ss dependent as possible, have, In' my opinion, aided and abetted in precipitating this money stringency just at this season of the year, to thwart the producers In their plans and to force them to sell their products at present prices. So much for the diagnosis of the disease. Now for the remedy. The money power and the subsidised press say for the people to urge con gress to pass their (Infamous) cur rency bill, vlx.: Call In and destroy the greenbacks, refund the 3110.000,000 of United States bonds that are duo and payable the present year with a new Issue of thlrty-yenr Interest-bear ing bonds, and to authorise them, the banks of issue, to leeuo bank notes, their own notes, to supply the country with money. This done, mind you. they would have complete control of our money supply, and could make and unmake prices of all commodities to suit their own sweet will. Nothing but their conscience to check them. Now Is an Intelligent people wilting to swallow such medicine as this? don't believe It. Then what? Now It happens that through the re' markablo and extraordinary business methods of our national treasury de partment we owe the national banks great bonded debt, of which bonds 3110,000,000 are due and payable this year, and upon all which we, the peo pie, the government, are paying inter' est compounded every six months. It also happens, nt the same time, we, the people, the government, have on deposit with the national banks 3171, 000,000 In cagh for which they pay us no Interest. First Dose—Fill No. I. Let us, the people, the government, take enough of our money now on de posit with said banks and pay off all the bonds that are due and payable this year, together with all the Interest accrued thereon, cancel, burn or other wise destroy them. By the time this pill has had time to digest, the patient will be much Improved. Second Dose—Pill No. t. ( Let the secretary of the treasury be ruthorlsed to Issue 31.000,000 of non' Interest-bearing bonds In denomlna' lions of 35, 310, 320, 350 and 3100 In the shape of greenbacks, declare them A full legal tender for all debts both pub lie and private, and require that all current domestic expenses of the gov ernment be paid off with them, such as the salaries of all the government officials and employees, all Internal improvements, Including public build mgs, river and harbor and the Panama canal. Also pay them out for all ths sliver and gold at the market price that might be offered from our domestic mines until a sufficient amount of bul lion of the precious metals shall have been purchased to settle all balances of trade with all foreign countries and enough gold to be coined Into money to pay off all the remainder of the United States bonds as they become due. When this pill has had time to digest ths patient will be In belter health than ever before. But that all danger of relapse of the patient may be avoided, ws will now come to Third Dose—Pill No. 3. Let congress remove the tariff from all trust-mode goods of every descriP' lion and all other goods necessary In the production of wealth. This pill, token in Its proper course with the preceding, the patient will be the llvest that Uncle Sam has ever doctored. This done the will of God will have been ac complished. The greatest people In tht greatest republic of ths world will have become a free people. So may It be! Amen! Baxley, Ga. Specie! to The Georgian. Columbus, Ob., Nov. 23.—The board of trade has decided lo send a dele gate to the rivers and hnrbors con gress, which meets In Washington, D. C„ In December, and the co-operation of cities all along ths river will be ask. ed by the board. The city council will also be requested to send a delegate. Free Advice for Your Sick Dog hr America's Greatest Authority on Dogs. Hr special arrangement Tolk Miller agrees to mnke a dlngtmsls and give valuable ad vice to the renders of this psper who have sick dogs. Writs today, giving the nrnfp- tnins. Inclosing a 2-cent atamp. Addreaa pol.K MILL Kit, Ml Mala 8t„ Richmond, Va., originator ttergeant'a Dog Remedies. When yon aes a dog that lonka clean, healthy and aprlgbtly, the rbanrea are that hls matter given hint ttergeant'a Condition 1111a, Tonic and Alter ative, SOe and 31 pack ages mailed prepaid. Hr purchasing the larger alxe you are en titled lo free advice (or your alrk dog for one year. A complete line of the famous ttergeant'a Dog Remedies is carried and sold h.v Brannen & Anthony, 102 Whitehall 8t., Atlanta, Ga. Retail Merchants Should See Our Wholesale Stocks of Toys, Dolls, Fancy China and Holiday Novelties Never have we shown larger or better assortments of these goods—and never have we offered better values. We import foreign-made goods direct and buy those of domestic make from largest manufacturers—hence we are able to quote very low prices. Southern merchants will be able to save not only on the cost of their goods, but in freight charges, by ordering of us--and the time saved in delivery is also a valuable consideration. If you cannot visit our sample rooms, write for prices on lines you are interested in. Dobbs and Wey Co., 57 North Pryor St. ATLANTA. CZAR PAYS MIKADO $24,30230 DRAFT Settles War Debt Between Russia and Japan. London. Nov. 23.—The Ruaalan am bassador handed a 324,302,204 draft to the Japaneae diplomatic representatives here today. The money represents the balance due the mikado from the exar for the maintenance of Russian pris oners In Japan during the late conflict, and settles the war account between the two nations. FLOWER AGAIN UNDER ARREST; CHARGE UNIQUE Philadelphia, Nov. 23.—Dr. Richard Flower, who Is charged In New York with swindling various persons out of nearly 31.400,000, has been re arrested In this city upon an entirely r.ew and unique charge of frensled pro- motion. He Is charged with Incor porating a company which claims te iave patent on a device that will turn ordinary clay or dirt Into telegraph poles. Teach Mexicans Fencing. New York, Nov. 28.—M. Luden Merltnac, a noted Parisian fencer, ar rived In New York today, on the steam ship Savoie en route to Mexico, where he has been engaged by President Dlax to teach the art to the principals of the republic's schools. 31. Merltnac said he had made a contract for four years with the executive. Don't Pay Alimony to be divorced from your appendix. There will be no occasion for It If you keep your bowels regular with Dr. King's New Life Pills. Their action la so gentle that ths appendix never has cause to make the least complaint Guaranteed by all druggists. 2Gc. Try them. KEEPS COURT ROOM CLEARED DURING MUROER TRIAL HOTEL /-ST. DENIS>n BROADWAY AND UTH STREET NEW YOIlK.ClTY., Within'E**r . AcMM'of tfiver? 1 I*oInf - of . Intertit. Half Block frota Wans ranker'** A minute** walk of Shopping District. KOTF.D FOR!I Excellence of CuUlne. Cota. fuftnMn Appointment*, Court- mn Ties aud Homelike Surrounding*,- ROOMS SI.SO T PER!DAY AND UP EUROPEAN: PLAN.. Tabled ’Mote Breakfast 30c. WM.TAYLOR & SON, Inc. WOTF-L MAUTIXIQIE. Mlamiwer. a aim stmt. KANSAS CITY POST IT BY 8peclal to The Georgian. Augusta, Go.. Nov. IS.—Judge Henry Hammond at the trial of Jamee Hatcher, which began here yesterday. In which the defendant la charged with the killing of a negro, kept the court room cleared of every one save those connected with the trial and repre sentatives of the press. Even the fe male relatives of the prisoner were forced to leave the room during the taking of testimony. 0. D. Woodward and H. J. Groves Wounded by Gen. Horne. Kansas City, Mo., Nov. *!.—O. D. Woodward, president of The Kansas City Post Company, was shot through the right lung and 11. J. Groves, tele graph editor, shot through the right hip In ths office of Mr. Groves at 11 o’clock this morning by Gsneral Horne, an editorial writer of The Post staff, who then ran out of the office and down the street. General Home was discharged by Mr. Woodward last Wednesday. Hls desk Is about 30 feet from the door of the managing editor’s office. Mr. Wood ward had been In conference with Mr. Groves for some time and opened the door and started out. Mr. Horne grabbed a revolver from a drawer In hla desk and shot at Mr. Woodward twice, one of the bullets taking effect STOP AT THE FREDONIA HOTEL 1321-1323 H Streei, N. V. WASHINGTON, D. C. AMERICAN PLAN HOP Per Day iid Up EUROPEAN PLAN ft.00 Prr Day And Up IH THE CENTER OF EYERTTHINS uterine iioMim. modckh iumovihiht* Special Rain lo lourltlt and commercial Iraielera Send for Booklet. WM. W. OMMHOWU Proprialet Just under the lung and ranged down ward. coming nut above tho hip bone. He fell backward Into the office am) Mr. Groves rushed forward to seo who did the ehootlng and received a third bullet In the right hip. General Home then put on hls coat and cuffs and walked out of the front door and down the street. General Horne has been wllh The Post since lie Inauguration In 3!arcb, 1906. Antoine Charette, a clever young chemist of I'aria, has Informed the Academy of Hctenre In that city that he haa auc ceeilcil In producing by artificial menus eryatsls of large alze having all the charac- ' tcrlatlrs of diamonds. 4 °/o Interest Compounded, Allowed In Our SAVINGS DEPARTMENT On and After January 1,1907 THE NEAL BANK E. H. THORNTON, President. W. F. MANRY, H. 0. CALDWELL, F. M. BERRY, Vice President Cashier. Ass't Cashier. Scholarships at Cox College WHY WE DO THIS. A newspaper with a subscription list the else of The Georgian spends great deal of time and money each year collecting and .If* inscriptions. Experience has shown that the tbuai- aplnyment of experts to do this work Is a wise Invesitmenlt l* •as standpoint. We simply contract with an expert who knows the man ■ement of theee things as the engineer knows hlsenglne We hawi taken special office in the Austell building, room 321, In whteh to conduct e work; a large force of assistants w-IU conduct meconteatamlperson ly Visit almost every home In Georgia. The Georgian and1 News Is main a Georgia paper—It goes some to other states. bu■ "°*■J'VStXIfSt Geor* her natters do We do not try to get circulation much outside of tieor- " We > *are <1 making It a home paper. This opportunity 1. superior to ost similar ones given here before, because the wealthy of ive seldom been equaled are to be divided to Atlanta As we have told our readers, the advertiser, who pays three times ss uch toward the expense of newspapers as t h * "f 1 " i*SronJto 'give ulatlons to bring him customers. So newspapers can afford to give ese Inducements from time to time for the benefit* thejbring their ad rtlsers. The Georgian Is going to 30.000 homes now. gebru? d from five to ten thousand more before this conteat ends In Fehru y- These so-called prises are genuine and will be exhibited Inproml nt places soon. Tho Georgian does not »lmply gUe them awa> for ’ get much In return—but the one who wins *nepri*f, need makeno tiny, but simply ask her friends to take The Georgian and use the votes Is gives for her benefit. -to be given away by The Georgian in its Subscription Contest. These Scholarships entitle the young ladies who win them to the full literary course beginning in the fall of 1908—for whatever grade pupil may stand examination. There are 94 Prizes to be given away—among which are $1,000 in Gold; one $2,000 Automobile, one $650 Runabout, twenty trips to Cuba, twenty Dixie Business College Scholarships—stenographic or commercial—five Musical Scholarships at Klindworth Conservatory of Music, covering 36 weeks; five complete Scholarships in Cox College, College Park; fifteen Solitaire Diamonds, to be seen at Schaull & May’s, and fifteen Gold Watches, to be seen at Crankshaw’s; ten Kingsbury Upright Pianos, $350 each, from Cable Piano Co., and one Grand Piano.