Newspaper Page Text
'.uni
HE ATLANTA GEORGIAN AND NEWS.
SATrRHAr, MU I.Ml
THE ATLANTA GEORGIAN
(AND NEWS)
Published Every Afternoon,
(Except Sunday)
■y THE GEORGIAN COMPANY
At CS tVe»t Alabama At., Atlanta, Ga.
Subscription Rateat
■--.e Year M;il
Mx Mouths 2.60
Three Month* )■»
One Month 45
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far tho pnrpoao.
TUB GEORGIAN AND NEWS prints
no unclean or ohjeetlonsblo advertis
ing. Neither does It print whlaky or
any liquor ada.
for Atlanta's own
ing Its own gat and elactrlc light
plants, as It now owns Its water
GEORGIAN AND NEWS
believes that If street railways ran ho
operated eueeeaafnlly by European
cities, at they are, there la no good
mason why they can not lie an oper*
atad here. But we do not believe I
‘ - r be K
'or so tile
_ ■ nta should
sat Its faco In That dlrectlou NOW.
Nor York, quote* eggs ot 75 cents
per dozen and market strong.
In anticipation of December 25, the
small boy la getting more particular
about having his hose properly
darned.
Rome people Imagine themaelvee of
ao much importance that (bey think a
torn tilts up when they step off the
train.
A Plttaburger bids for fame by of
fering 18,040,000 for a seat In the
United States senate. That Isn't as
bad, however, as the usual divorce or
chorus g!r! scandal, adopted by most
Pittsburg millionaires.
Prince Kantljltalnhjl, the new Jam
of Newanagar, Is said to ho an all
round sportsman—a Jam-up chap. In
fact.
Before marriage a woman doesn't
mean all she says. Afterwards she
An Indianapolis Judge ruled agalust
that city In Its fight on the Standard
Oil for ahort measures, holding that
the cans were "containers," not meas
ures. Indianapolis people still believe
that they are not “containers" of all
.the oft paid for.
Serious conflict arises betweon the
editorial and news columns ot The
Baltimore American. A recent liaue
contains a stirring editorial on the de
creased cost of living, while a news
story tells of heavy advances In prices
in contracts made for the Maryland
Insane asylum.
West Virginia college students tried
to haxe two of "Anse” Hatfield's
nephews. A corps of surgeons finally
got the hazera patched up to resemble
human beings.
Special cars for drunken people are
now advocated. They would grow old
and mnaty from lack ofiue In Georgia
after January 1.
Sparks from the controller box ot a
Philadelphia street car set a passen
ger's celluloid collar on Are and start
ed a panic. Unusual for Charleston
ians to be so far from home.
McKay, former private secretary to
John R. Walsh, has a magnificent
memory. He couldn't recall a thing
on the stand at to the transactions of
his former employer.
Denver offers 1100,000 and fresh
snowball* every day for the next na
tional Democratic convention. Cold
aort of comfort to a party that needs
something besides a frost.
An Illinois state senator character-'
lied the lower house as "a hunch or
porch climber* and thieves." His lau-
guage was termed unparliamentary
but Its accuracy went unchallenged.
Chicago complain* of a milk com
bine. Combines of milk and water
might be made a general complaint.
A New York woman, bent on self-
destruction, turned on a talking ma
chine, and, to make doubly sure, le^
the gas flow. Seems an unnecessary
waste of gas.
When The Houston Poat with un
supported statements, attempts to run
tn a twelve-foot specimen against the
genuine collard shown In The Geor
gian. the thought obtrudes that The
Post Is really trying to sneak In a
ringer Is the shape of a pine tree.
forrnrl to H'lI ‘their rropi r***r*rdleM of tlio rodbtff't
provniliiiK prim at. that particular arnaon of the
(■rod It
REAL ESTATE BONDS AS “ELASTIC CURRENCY.”
To the Editor of Tho Georgian: # ‘
Don't you think It rather atranyo that neither Tho Constitution*nor The
Journal haa had a line homing on the wiiggeatloft that rml efttata lie inndo jt
haala of credit with national banka up to 40 or 50 per cent of 4t* a« Jtit*l mnr-
kof value, when to do ao would mean ao nin^h to the fnrmera of the South
nnd Weat-tho producer* mid backbone of our country—*» furnlahlrtg a mean*
wherebv they could'>ecure cheap, long-term money to plant, cultivate, hnrveat
nnd aell their cropa at reasonable price*, til place of the present method**,
under which they bn**o to pledge everything they have hut their own hld**H to
the fertilizer niMDutaeturer ami eouiilry morefcaiij Ju order : *o enable them to
■*- — L * 4 - »- Mt which time the- —
ftumielnl condition. *
„ _ .... w r? Tux a* merchant* i
itiready linvfns: printin'! Iroii-clml contracts, forcing former* who n*k f«»r ert
to ael! the 1!*« eotton crop a* *m»oii an picked, to preveuf their holding tin* er .
Nome of the tuoat patriotic repreaentatlve* in congrem Inive I*•*•!» trying
for veara to form* an amendment to tho national bunk ««*t. nilowing real «•*- '
late*to lie in*c*i ** collateral security for loan*, hut If ban been »t«*nnlly amj
■tiocewfnlly fought by the repreaentatlve* of the imtionul l»ank«*r*. win*, ns I
will prove Inter, do not want an expansion of currency, or any uteii»ure or
currency reform that will tend to break their preoent corner of the currency
ayatern of mir country. _ ... ....
During n recent Interview in Mr. IIoWell'a office ! outlluetl to him the
advantage* which would accrue to the fiiriiiera If tlielr Innd could be need mt
a l»aHi* of credit with the national banka, nnd tbua enable them to hold the r
crop* until satisfactory prices could be obtain, d. and »uggc*t«*l to him that If
proper discretion wn* tisml in tunklng these loans no eater or Iwtter aeeuiity
could tie given the banka, lie ngrfed with me, mid with the suggestion thnf
to take the turn off of real inlwu would double tl»e value of all prniM*rty
throughout til** Notilh mid Weat, and make them develop with wonderful
stride*.
Jnat about till* time Mr. McCord, vice-president, of the Third National Imnk
nnd a member of tin* national etirreiicy commission, ynme In. nnd bo proceeded
to show that real etdate wan not a “quick asset.” uml offereil n* proof of this
statement the failure of the Corbin Banking Company, nnd one other Institu
tion. which made loan* on renl estate *ee,urlty. but those hum* were placed
through agent* whose only Interest In the loans was the commissions, ami
who were not responsible for their collection. He did not go on to show that
prncticaliy nil the present ItAiikuble securities hud depreciated fine-third to
oiie-hnlf In the last few months, mill that but for tjje clearing bouse eortin-
c*tc« there would probably have been dosen* of bank failures In New York.
He then proceeded to arrange to hare .Mr. Howell print his Page of cur
rency reform, which, he says, conforms to Fowler's currency bill, lu which
the only suggestion made I* to allow the national banka to Issue “credit cur
rency” or “clearing house certificates” up to a certain percentage of their cap
ital stock and lninml on present bankable securities, at a very low* Interest
rate, which they will Issue and lend on short time loans to move the crops,
when they think proper, nt high rates of Interest.
The national bankers brought on Ibis “iwinte” by n tight on the trust com
panies. because the trust corn panic* had been nldlutc In the development of
our country, nnd were conseipicntly getting most of the banking bushiest, and .
In trying to form* the trust companies Into the clearing bouses, so that they
could dictate wiinf kind of loan* they could make, these hunkers arc willing
not oiny «'• stop the movement of crops but to kill the industrial life of our
country In the effort to carry tlielr point: mid lieeniiso the president iff the
Fnlted Ntntes Is patriotic enough to try and save the country he Is abused
through the public press by one Charles N. Fowler, their representative, for
Issuing “government eertlflcntes." when he (Kowlerrnnys only gold Should
In* used, nlid yet, after nearly $100,000,000 of gold has been Imiight and brought
III from Europe, Stti.Oun.noo or new nutlomil bank note* Issued, mid u deposit
by the government of $16,000,000, Sew York still has to use clearing house
title* tes. ,
Don't we need a “Utile Father" or the Father of the I'nlverse to |
us from the wiles and schemes of nil Ids kind, who arc willing tor our c
to he ruined so long ns their selfish ends are gained'/ They don't seem to
nlHiut the thousand* of IndustriHl enterprises thnt iiru now shutting
for wnnt of money to operate, when they have splendid order* for n
ahead, hut only fear.that Inter on, In consequence of the forced curtailm nt or
business, they may have some Idle tpomvv In their hanks. Hliottld they I i* left
to dictate when we need money, when they refuse credit to tlielr legtl mute
customer* and sell currency to stock speculators at high premium* at tin
nn try
rorr.v
down
lltllH
buck
door? .
It Is the old story of the “money changers." and It Is time thnt wejv.vie
easting then out of unr temples nnd getting out from under their dictation
and power. • .
If you will publish Congressman T. .1. Heflin's views, and the New; York
American'* Washington article oil the i »—
ot hit lot
that have taken pint
lean's blood boll. How The Constitution and The Journal can fail to take up
and fight for any remedy that will tend to tukc the yoke off of the Nomliern
and Western farmer, after being urged to do so. Is more ttmn I can under
stand. and particularly when early |ierinaticnt legislation Is to be had on the
subject.
The plan to inakn real estate ■ecurity for loans from national banks I* not
an original one with me, an it lin* been advocated by some of the South’s
best friends uml thinkers for years, but ns my llfcwork Is the upbuilding of
our Houthern country, and *s tills nieatnire would go so far toward taking the
presmit yoke off of our farmers' necks, mid ns 1 bare seen no other remedy
suggested yet that will do this, I mu ready to “daddy” the proposition and de
fend It la the public press against those whose sole Idea Is now they can keep
their present corner ou the currency system of our country, mid regulate Its
cfunmerclftl and Industrbil life a* they see lit; or. In other words, bring on n
panic In times of the utmost prosperity, stop the movement of our eropp mol
the wheel* of Industry, and throw out'of employment millions of willing n
‘ght In the beginning of "■*'
faithful hitsirers rigor i n the beginning of winter,
TDWIN P. ANSLEY
There Is so much being said about an clastic currency that arc have
been set wondering how the stretching can take place at th? riit time
without causing trouble when It Is expected to contract.
In olden times men thought yeurs and seasons were Tong—they grew
by lifetimes and accumulated gradually. Reasons were only events In
their long lives. Now wo live lives In a season or in a year. Wo live so
rapidly, tuat we have come to complain because we enn not live through
the harvesting season at the rate we live the balance of the year, finan
cially speaking. This Is all brought about by our ever-increasing’Inclina
tion to live ahead of ourselves and to do far and away beyond the capac
ity of our capital. How very few Individuals do business on their own
capital and on other than s credit bails.
Nations do the same. What Is our national debt but the credit on
which the nation' Is doing business? Amcrlcn owes the money to the peo
ple who have bought her bonds, nnd nearly every one of her cltlzons owes
something to somebody else. Wo aro a sort of overdrawn people,as a
whole, and now, In tho rush and strife of life, In our effort to grow more
crops than we have money to handle, to make bigger sales than Vo can
get the goods for, nnd to live more lavishly than we can afford, wo cry out
to the world for means with which to do the Impossible—or nearly that.
Mr. Ansley suggests in his communication that banks he authorized
by law to accept bonds of uniform issue, or possibly securities In the na
ture of mortgages on a man's farm or renl estate, for loans of sucls addi
tional capital as one may need for the bundling of his crops—these bonds
to be n first Hen in every case, nnd acceptable only to. say, TO per cent of
Hie estimated value of the property so mortgaged. Tho valuation and Is
suance of such palter pro to be made by the Authorized olfleer of tho near
est national bank, the loan to be made for a few months or for one or
two years, according to the borrower's need and the Irnnk's ability to nc-
comm late him. in other words, It Is Mr. Ansley's Idea that legislation
that putt the ban on real estate ns a RecurHy tor loans from hntlnnal
banks should be repealed and the hanks he authorized to accept it ns
they do any other security. This, he argues, would give every farmer
who has hi* farm paid for a certain bankable asset. If It should be
deemed necessary, a certain portion.of each year's crops could lto pledged
to the liquidation ot the loan. This would make the farmer independent
of the fertilizer manufacturer and the country merchant, thus allowing
him to sell his crops to tho best advantage Instead ot being forced to dis
pose of them when the market was unfavorable in order to satisfy the de
mands of his merchant or tho fertilizer pianufacturor.
In answer to this, the claim Is made that real estate Is nut u quick
asset, but we submit that few assets are quite as good as real estate.
Manufacturing enterprises and Industries of n thousand kinds Issue bonds,
nnd they are used for collateral almost universally, though they are far
less stable as a rule than good real estate values. True It may ho that
(here are many flaws In such n proposition, but If there Is to be any such
thing as Inflating our currency at stieclal periods of the year, it will have
to be done by some such means as this, for nearly everything in the world
already has lionds Issued against It, and all the money in the world is al-
ready working overtime.
You will And, Mr. Ansley, that our friends, the bankers, will say
"pooh-pooh" to your suggestion, and If Mr. Morgan and his friends ever
hear of you. they may say a Short nnd ugly wont, but neither Mr. Mor
gan nor the batikera have had the making of this country all to them
selves, and when we reallie that Ave billions of money Is In manufactures
and twenty-one billions in agriculture, and that In this section nearly 00
l>er cent of the |ieople are in the country, It Is quite safe to do and say a
few things that may An<\ friends nowhere Imt among the common iieople.
We see no way Just now of further stretching the money already in
existence, and no matter how much more Is put In circulation, It will be
taken uj/ for enterprises of a thousand kinds and not left for use at the
times It Is needed.
The only way we can have au elastic currency that euu be used In the
busy season and put to rest in the winter - will lie to bank against some
tangible asset not already overworked, and jiosslbly real estate is the
thing.
You may be right, Mr. Ansley, and you may lie wrong. You will
have lots of Judges to tell you you are one or the other, hat you have
done no harm In giving the thought expression, and we are always glad to
shake hands with a matt who Isn't afraid to think and let others know It.
THE SUNDAY SCHOOL INSTITUTE.
One of the most gratifying signs of tho present time is the remark
able Interest manifested in Sunday school work throughout the Christian
world. Wherever any possible foothold has been gained by the church
militant the Sunday school becomes nn Immediate factor in moral and re
ligions development. At no iierlod of the world's hlstoiy has so much
concern been felt In the welfare—moral, mental and physical—of children
of all grades and of all classes. It U now conceded by publicists and hu
manitarians that the future well-being of the republic necessarily rest*
upon the child of the present day. The wonderful aetlvlties now at work
In In-half of the children of the country Indicates the almost universal
realization of this stupendous fact tu accord with this tnotlern senti
ment Is the movement represented by the Sunday school Institute which
will convene In Atlanta at the 8econd Baptist church," corner of Washing
ton and Mitchell street*, on December 2 and 3.
. The subject for general discussion will be, "How to Increase the At
tendance on Sunday Schools.” Interesting and Instructive services will
be held Monday evening,'Tuesday afternoon and Tuesday evening, for
which exceptionally entertaining programs have been arranged. The offi
cers of the Supday School Institute are':
Rev. Junljis W. Millard, D. D„ president; J. J. Eagan, vice president;
D. I. Carson, vice president; F. L. Seely, vice president; Rev. E. C. Croak,
vice preBltlent; W. 0. Foote, vice president; E. A. Hartsock, secretary;
M. A. Hate, treasurer; executive colnmlttee, Col. R. J. Guinn, chairman;
Dr. Joseph Broughton, M. M. Davies, Edward Young Clarke. John M.
Greene, John A. Brice, Rev. Bernard P. Smith, Carl Hutcheson, TV. W.
Gaines, W, T. Nelson. Asti G. 'Candler, Rev. B.' ft. Belk, A. B. Caldwell,
Mrs. E.,C. Oroiik, Miss Mary Bramletti " ,
GEORGIA’S GROWING WEALTH.
.A Leap from 1627,532,639 In 1900 to 1699,536,879 in 1907 In the tax
able values of property In Georgia, carries with’It two forceful ifleas.
First, Is the faat that the state-in both the private property of In
dividuals and the great corporations held by many. Is making tremend
ous strides, . A net increase of 172.004,840 In one year Is something to
be-proud of. Another thought carried by the figures Is that of the ex
cellent work of the officials- who (U and collect these values.
Frfmi the digests of 14G counties the splendid Increase ot 130,279,-
345 Is shown, not. more tjlan a dozen counties showing any falllng-off.
But It Is 4n the returns from corporations, which includes railroads, tel
egraph,- telephone and express companies, the best showing Is made.
Through the Insistence of Comptroller General Wright of a fair val
uation on properties returned, tho figures expanded from 190,832,187 In
1906 to 1123,558,172 In 1907, a gain of 132,725,085. A large part of this
Increase was voluntary on- tho part" of the corporations, a most com
mendable fact, and the balance by arbitrations. If the figures fixed by
the comptroller had been sustained In these arbitrations, the gain would
have been many millions more.
To the magnificent total of near seven hundred millions should be
added fully 130,000,000 of railroad properties, exempt from taxation under
their charters. It Is a showing that shoold make every Georgian thrill
with pride, nnd stlmuldte the people to renewed, efforts to place the
state In the billion class. -
Growth and Progress of the New South
Tbiff Oeorxlsn hers records each day
some economic fset In reference to
the onward profross of tho South.
BY
JOSEPH B. LIVELY
Following Is a partial list of new corporations reported by The Man
ufacturers’ Record:
Atlantn, Ga.—Miner Neckwear Company organized with 125,000 cap
ita! stock, anil privilege of Increasing tn 150,on#.
Houston, Tex.—Houston Ice Cream Company has purchased two-
story frame store nnd residence. It Is proposed to expend about 115,000
In Improving and equipping the structures ns Ice cream factor}-, dally ca
pacity to be 1,000 gallons. Inrluded In equipment is n disc continuous
freezer with capacity of 60 gallons nn hour.
Knoxville, Tenn:—Hercules Manufacturing Company Incorporated with
Iloo.ooo capital stock.
Knoxville, Tenn.—Tennessee Marble Works Incorporated with 110,000
capital stock,
Lacrosse, Va.—\v. E. Llebert, Lawrencevlfie, Va.. will build Hour mill
of probably 20 to 30 barrels capacity. It Is contemplated to Install the
roller process, and several water powers are being considered.
.Memphis, Tenn.—Cole-L.llly Paint and Glass Company Incorporated
with 120.000 cailtai stock.
Mobile, A la.—Reported that N. A. Watson, owner of Erie Button
Works, Erie, Pa., contemplates establishing factory In Mobile for manu
facturing buttons from shells found near the city.
Palestine, Tex.—Bratton Drug Company Incorporated with 130,000 cap
ital stock.
Davidson, N. C.—Thomas W. Hall, superintendent Davidson College
Electric Lighting plant. Is Interested In contemplated establishment of
plant for the manufacture of nitrate fertilisers by air combustion by
electricity.
Eureka Springs, Ark.—Cobb Sonp Company Incorporated with 12G.000
capital stock.
Glllett; Ark.—Glliett Creajqsry Association organised with 15,000 capi
tal stuck. Company lias awarded contract for Installation of crqamery
to have capacity of 400 pounds and cost 14,200.
Green Forest, Ark.—Green Forest Canning Company Incorporated
with 150,000 capital stock; will establish Ire nnd cold storage plant.
MADD0X-RUCKER BANKING CO.,
CORNER ALABAMA AND BROAD STS.
ESTABLISHED 1880.
Capital ’ $200,000.00
Surplus and Profits $600,000.00
Jianking in all its Branches
THE PARMENTER MILLIONS
... A Stirring Novel of Love, Conspiracy and Adventure. . .
(Copyright, 1W7, by Arthur W. Marcbmont.)
By ARTHUR W. MARCHMONT.
Author of “By Right of 8word," "When I Was Czar,” Etc,, Etc.
PEOPLE AND THINGS
GOSSIP FROM THE HOTELS
AND Tiiki STREET CORNERS
“THIh wan the huppleat Th«nk*glvlng
of tny life," *ald Chairman McLendon,
of the railroad commission. "Thnnkn-
glvItiK morning the phynlclan pro
nounced my boy, who had been on-
crated on for appendlcitlM, out of dan
ger."
Though a lad of only 14, Guyton dis
played the mo*t remarkable courage
when he knew that he had to undergo
an operation. After the physicians had
announced to the parent* the Impera
tive neccMNlty of nn operation, the hard
part wan to let the lad know.
“My boy," Naid hi* mother, "we are
afruld that an operation I* going to be
neccHHary to make you well again."
"I have thought so, too, mother,” wa*
the unexpected reply. "I thought a day
or *o ago ihui l had appendicitis."
•'Why didn't you tell me?" a*kod t!te
mother.
"I didn’t want to make you anxiou*,"
wa* the reply, "but now you know, und
I am ready whenever the doctor* *ay
In addition to the delegate* appointed
to the River* and Harbor* t'ongre**
In Washington already announced.
Governor Smith ha* added S. B. Mead,
ow* and K. C. J, Dickens, of Vtdalla.
Governor Smith will leave Atlanta
Wednesday for Washington, having
found it Impossible to go to New York
Sunday night to attend the Presbyte
rian conference. From Wanhlngton
Governor Smith will go to New York
to attend a meeting of the Peabody
board, of which he 1* a member.
Former Governor George C. Pat dee,
of (California; called at tho capitol Fri
day afternoon to *ee Governor Smith,
but found Georgia’* chief executive
absent. Governor Smith ha* a* hi*
guest hi* former school-mate and
friend. Dr. 811a* Me Bee, editor of The
Churchman, and *pent the afternoon
showing him about the city.
In a decision handed down by the
appellate court, it l* held that the dam
age suit entered, because of the death
of H. A. RoUiKtone. a former popular
employee of the Keely Company, by
the fall of a counter on October 25,
1906, Is a matter for Jury determina
tion. When action wa* brought In
the superior court by Mr*. Rolllutone,
ft never came to trial because the de
murrer. holding that the allegation* in
the j>etltlon did not form a basis for
action, was sustained. The court of
appeal* holds that It wa* a matter for
the jury to determine.
Ordinary John R. Wilkinson Is a
man who prides himself upon a splen
did memory, hut there wa* one time In
the Judge* life when he xuffeied «
lapse of memory. a»l I* ha* taken him
something like nine year* to get cour
age sufficient to tell- ubout It.
“It was tn Baltimore.” said the judge,
as he turned hi* head to see If any one
else wa* listening. "My wife and I
were on our wuy to Pittsburg to at
tend the triennial conclave of the
Knights Templar*. Joe Greenfield and
his wife were with us, uml he and I
hurried to the depot to get ticket* and
left the ladle* at the train.
“I put down enough money for two
tii hot* and called for one. grabbed my
change, and with n single ticket In my
hand started for the train. Suddenly
I stopped with a Jerk, nnd the Idea
S SUGGESTED BY
! THE GEORGIAN
The Atlamn Georfflan asks the At
lanta Clearlnit house to take off the lid
and turn loose that eltht or nine mil
lion dollars In money they've *ot
choked up for self-protection: which
she claims Is the condition of all the
leadinq cities.—Rochelle (Ga.) New
Era.
The Atlantn Georfflan has declddd
“that J. Plerpont Morgan has more
ready money than any man In the
United States, despite his many art
purchases.” Hut. be It remembered,
that Plerpont disposed of his pups,—
Sail Antonio Express.
The Atlanta Georgian Is bragging of
the fact that the Georgia collard Is now
In its prime. Hut It can hope to se
cure hut slight recognition ns long as
turnip »"groens'' are to be had.—Qo-
luinbus Enquirer-Huts.
"Shall we dwell among the treelopi?"
asks The Atlanta Georgian. Not until
next summer, thank you. Just nuw the
weather la too cool.—Jackson (Miss.)
News.
thing. Then I remembered that my
wife waa along, and might need a tick
et, too. I rushed hack to the office and
bought unother ticket, and this Is the
first time I've ever told It.”
"How long had you been married
then’."’ the Judge was asked.
"Long enough." he replied, "to get
used to having a wife along with me
when I traveled, and that's one. reason
I never sold anything about It."
Miss .Maude K. O’Neill—on the stage
Mlsa Kramer—is a real celebrity.
A reporter for Tfie Georgian heard
that she was one. and she denied It,
therefore she Is a real celebrity—one
among several thousand.
The Kramers have been making a
lilt in u comedy akelclt at the Orpheum
tills week. A report floated Into The
Georgian office that Miss Maude O’NellL
the comedy member of the team, was
the only woman Eagle In the world.
Despite the great poaslbllities ot a
; rcas notice, she most emphatically de
nied It.
"Of course you can call me an hon
orary member of the Eagles If you like,
but I am ready not one of them," she
explained.
"When I was showing up In Daw
son. In 'he Yukon—'way up there In the
cbld Klondyke—I presented the Daw
son lodge of Engles with a banner to
put on their Christmas tree. In appre
ciation they made tne a badge of gold
they had mined, fllled lt with gold dust
and presented It to me. Here It Is.”
The badge la a large and a very pret
ty as well as unique one.
"Carrie i I'Brien, now Mrs. Kent, who
It. also with Keith und Proctor In
vaudeville,” Miss O’Neill stated. "Is the
only other woman I have ever heard of
with an Eagle badge, it was presented
to her at Spokane. We are not Eagles,
though.'*
Synopsla of Previous Installment,
On the third day Gilbert Merrldew calls
on Olive. Him demnmlH to know’ why he
hss net kept Ills promise anil left England.
He tells her he wrants further time; hss not
been able tu rnnvlime his mother. OllTe
refuses in grant him an extcnslim nt the
period set In their .tan-eiuent. lie departs
and she ttnds thnt Mrs. Tuuulon's servants
will nut permit her tu leave the house until
their mistress returns. Olive grows sus
picious of the widow nnd when sirs. Taun
ton returns the girl does not conceal her
feetliiga.
"My dear Olive, I really did not In
tend to tell you, but, of course, now I
must. The plain truth Is thnt Mr.
Merrldew told me such thlngg that I
saw you could not leave here with
safety; and I therefore kept you here
until I could get back to see to .matters
for myself. Don't look at me as if I
were going to eat you."
"I am listening. Mrs. Taunton," re
plied Olive, quietly.
“He told me thnt he has been mixed
up.with a lot of dreadful people and
that you went among them In disguise
In order to find out their secrets. They
have got to know this, and swear that
they will have your life when they find
you. Of course, I could not write this;
and I wasn't going to let you walk
blindfolded Into such danger. There Is
one man In particular, a Karl Hart
mann. I think the name Is, whom you
allowed to make lore to you; and he Is
just mad to do you a mischief."
“I am quite prepared to take the risk
of going, Mrs. Taunton.”
; "That's because you don't appreciate
It, dear. Mr. Merrldew has spoken
quite frankly to me about It all; and
ho declares that your life will be taken
unlesa something Is done to prevent It.”
"I know how solicitous he Is for my
safety," said Olive, with a curl of the
lip.
"You don’t mean thnt, hut I know It
to be true, Olive. I know how deeply
he admires you. He told me he has
more than once asked you to be his
wife.”
"Your purpose In saying all this?"
"I havo no purpose on earth other
than your safety and good, I have not
really; although you look so skepti
cal. And I am quite Inclined to believe
him when he says that, considering
the mad things you have done anil the
wild passions you have roused In these
men against you. there Is only one
really safe course for you to take.”
"To remain here us a -prisoner, you
mean?"
How ridiculously you talk, Olive. A
prisoner! In niy house! You are my
guest, of course." What else could you
he? But 1 am convinced that It would
be sheer Insanity for you to think of
leaving at present."
"Is there any difference, except In
terms?" cried Olive, with more Indlg
nation than she hail before shown.
But you have some proposition to sug
gest. What Is It?”
"Yo:: -rc making !t very difficult for
me, Olive, upon my word, you are. It
Is not my proposition at oil. It Is Mr.
Merrldew'a. He Is, It appears, the lead
er of theae men, and says the only way
In which you con be protected from
their fury—you know you have been
desperately foolish, and every one of us
has to pay the price ot making inis-
takea—Is to placi yourself entirely In
hts care. And, upon my word, I think
that will now be your wisest course.
A* his wife you mould, of course, be
sufe. I can see no other way."
Olive paused. She was burning with
Indignation and understood everything
now. She had. Indeed, been "desper
ately foolish." as her companion said,
and would have to pay the price of
her folly. But It would not lie the price
which was thui suggested with such
adroit cunning. For the moment Jter
rage passed beyond control, und she
asked, her eyes flashing and her cheeks
aflame: \
"Do you advise this as Mrs. Taunton.
Jack's friend and mine, or as—Mme.
Boneourt, one of the leaders of these
very men?"
That the flnest stone buildings and
monuments of many cities are disinte
grating through the action of the sul
phuric acid produced by the combus
tion of cool Is asserted by it writer In
t'osmos (Parish In London, especially.
It has been estimated that no fewer
than 500,000 tona of acid are thus dlv-
Mruck'mc that 1 had forgotten some- charged Into the atmosphere yearly.
CHAPTER XXX.
A Prleoner.
olive had made a bitter mistake. In
deed. In showing that she suspected the
secret of Mrs. Taunton’s Identity with
Mme. Boneourt. It was the one fact of
all others which the American was
anxious to guard, and by revealing her
suspicion Olive had made herself as
langerous to Mrs. Taunton as she was
already tosMerridew himself.
The question had taken Mrs. Taunton
so entirely by surprise that, excellent
actress though she was, she could not
entirely conceal her anger and concern.
But ft was no more than a flash of
feeling, and then she smiled nnd nn-
ered with an assumption of Indif
ference.
“Of course, I don't for an instant
know what you mean by that, olive.
Do you really wish to charge me with
being an associate of this Mr. Merri
dew’s rascally companions? Think, my
dear."
"I do not know what 1 ant saying.
You won't let me leave the house/and
you urge this hatefnl suggestion about
marrying this scoundrel. I don’t know
what to think.”
"Well, you have certainly placed
yourself In real peril from the man's
associates, and I can't take the respon
sibility of letting you leave here," said
Mrs. Taunton coldly. “Is 1s for you
to say whether you will accept h|s of
fer of safety. Do as you will. And
now I must go; l have a great deal
to do."
Olive was convinced that she had
hit on the truth, and, dangerous ns wns
her position In consequence and fool
ish as she had been to let her knowl
edge escape her, she was In better
heart than In the huurs of suspense.
It was clear that Merrldew was re
solved to take advantage of her help
lessness <o force her to marry him.
Thnt waa the price which he and this
hypocrite of a wmnap hnd together
agreed she should pay for freedom.
Hhe would never pay it. They should
take her life Unit. Not for the fraction
of a second did she waver In that de
cision. Let come what might, she
would never yield on that.
Other things were plain to hei now.
She saw the reason why Merrldew
had appeared to yield In that Inter-
lew In the t'lerltenweii house; arid
that he had lied to her then, us he
hail lied before, about the truth of that
old marrtago In' Hheffleld. He h a ,|
known all along of her relations «in,
this woman who palled herself Mrs.
Taunton, and had been cunning enough
to foresee that, when lie prevented her
front returning tn the detective's house
nnd to Mr. Casement's, there would
remain only Mrs. Taunton's house :i»
a possible refuge for her.
She had been no match for him In
cunning; and he had escaped from the
danger with which she had threatened
him and at the same time had succeed
ed in thrusting her Into an even great I
er peril than she had been then.
And now his monstrous offer to make
her his wife meant what it had alu-avs
meant—that he waa conscious of the
fraud by which she had been robbed
of her fortune and her name, and In
tended to marry her so that, In the
event of the truth over being discov
ered, he would stilt be In possession
of everything' through her.
Then her thoughts turned to the con
sideration of any possible means of es
cape. If she could only get word in
Mr. Casement or Jack, or even Mr
Robson, she could still checkmate them
all.
She was at the window at the mo
ment and suddenly a plan occurred to
her. To appeal for help to the young
secretary who had been making signs
to her. But unfortunately he was not
there that morning, for the first time
since her Imprisonment. She scanned
all the other houses In the hope of see.
ing some one whose attention she could
attract. But every window was blank.
Every few- minutes for the rest of the
day she was at the window looking nut
for the secretary's return; and in the
meantime devising a sehemo by which
she could get a message to him.
The two rows of houses were eeps-
rated by very short gardens, so short
that she was confident she could throw
a stone from her window into his gar
den, and she looked anxiously round the
room some small, heavy object to
which she could attach a paper. She
gave a little cry of delight as she found
two small glass paper weights exactly
suited for the purpose. With a paper
tied carefully round one of them, she
could easily throw It the requisite dis
tance.
This thought gave her hope, and en
revived her courage. She slept well
that night, nnd the next morning she
saw, with delight unspeakable, that
the secretary was at his usual place by
the window.
As «onn as Panton had removed the
breakfast things she wrote a message.
“I am In great danger here! WIU
you help mb?”
She dated not say more than that at
first, lest the man should be a spy,
placed cunningly to watch her. She
had reached the point of suipectlng ev
eryone about her, and believed thnt
Merrldew and the American were cu
rable of any cunning.
With her message In readiness, she
went to the window and tried to mnke
the young fellow understand that lie
should go down Into the garden, and
held up her letter while she pointed
down below.
He appeared at length to understand
nnd rose as If to leave the room, when
she saw some one speak to him. Hs
left the window, but soon returned
with his hat on and made a sign of re-
gret, waving his hand In the opposite
direction. Then he closed the window.
Tears of disappointment almost
sprang to hlr eyes at this result, nnd
for somp hours that dragged like lead
she watched the window for signs of
his return. She was at the window In
the afternoon when Mrs. Taunton
caine In.
She remained only a few minutes.
"Have you derided to accept Mr.
Merrldew'a offer, Olive? I have
thought It all over and have come to
the conclusion that it Is tho only pos
sible thing you can do."
"I will do It on one condition, Mr*.
Taunton—that all the facto are laid be
fore Mr. Casement nnd he advises II."
"Of course, Mr. Merrldew cannot
consent to such u thing. You know
that."
“Then I refuse.”
"You prefer to stay here In my
charge?”
"No. X wish to leave the house and
take any consequences."
"I could not tuke the responsibility
of letting you go. Of course, you un
derstand ,what your refusal means—to
Mr. Fenwick."
"What do you mean by that?"
"Mr, Merrldew, it seems, cannot help
himself. aTliose associated .with him
insist on* carrying out the scheim
against Mr. Fenwick, whatever It may
be—of course l don’t know, except that
It threatens him. in some way. If >'" u
do not consent to do what Mr. Merrl
dew wishes and so enable him to tak*
an Independent line with them, your
lover will be sacrificed, to your sel
fishness.''
"Mr. Fenwick would not have no-
save him by any such course as you
would drive me to take. I shall never
do It."
i It was another turn of the screw.
Olive saw that clearly. But she had
put Jack on hi* guard; the trouble at
<’lerkenwell Gardens had proved, too.
that her warning had had effect: and
she did not think he would be caught
asleep after that.
Besides. If her new plan did not fa-
she would soon be free again, and s on
to tell all she-knew. And-she resume-1
her, watch for the secretary.
It was getting dusk before she sa"
hint again. His first act.was to thru"
up the window and look eagerly aero.-*
to her. Olive held up the letter aga n
and pointed down Into the garden.
nodded and Indicated 'bat she should
throw It. out.
Olive could throw no straighter or
better than women usually can. but.
making a desperate effort, she hun' 1 '
out the little paper weight with all b'-r
force. It went far enough, but a®'
straight, and fell In the- garden of the
house next to his.
He Inukhed when he saw the resub.
but with a cheer}- nod. turned and i' 1 -
the room. A minute afterward* lie ap
peared In the garden, and. scrambling
over the dividing wall, picked up tn«
letter and read It. He nodded eager
and then climbed back Into hi* o*n
garden, nnd signed to her to send him
:i further message.
Continued In Monday'* Ooorgian-