Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, November 30, 1907, Image 4

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'.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 By Carrier, Tar Week ^ 10 Telephones oonaeetiug all depart* tnenta. Long dlatanoe terminals. reaantatlrea for all territory outaT Georgia. Chleaeo OITIee .... Tribune Hnlldlng. New York Office .... Brunswick Bid*. the circulation department and hare It prompilr remedied. Telephones: BelMSST main; Atlanta 44«1. notify tlile office on the date of ezplrs- tlon: otherwise. It will be continued at the regular subscription rales until notice to stop la received. In ordering a change of addrasa. please give tho old fa well as the new address. It Is deslrsbls that til communion* S ans Intended for jpuMloitlnn tn TIIK KORGIAX AND NBWfl be limited to 100 words In Irngth. It la Imperatlre that tktr be atgned, as an evidence of good faith: Rojacted manuscript* will not be returned unless stamps are sent 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-