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1 Hfe iU* A bankers of two states meet AND HEAR ADDRESS BY C. H. TREAT The tha joint Session Con vened Monday Morning. TWO PRESIDENTS WERE IN CHAIR Atlanta Is Thronged with Men Who Handle Other People's Money. WHh corridor*, lobby and conven Uon hall sally decorated with the na Uonal colon, In honor ot the diitln- (Tilahed vlalton, the thirteenth annual convention of the Florida Banker*' Association and fifteenth annual con vention of the Oeorsla Bankers' An- •odatlon were opened In the conven tion hall of the Kimball house Monday morning with a joint session of both kodle* of representative dtlxena from the two states, the principal event on the program being an address by Hon. Charles H. Treat, treasurer of the United States. The session was called to order at 10:30 o'clock with a larger delegation In attendance than upon any previous convention of the bankers. The meet ing was presided over by Joseph T. Orme. president of the Georgia Bank ers' Association, and K. w. Lane, pres ident of the Florida Bankers' Assoda- tlnn. The meeting was called to or der by Mr. Orme. after which follow ed tin Invocation by Rev. Z. 8. Kurland, ot Atlanta. uwlng to the Illness and necessary absence from the opening meeting of Eugene H. Thornton, who was on the program for the address of welcome, Hon. John Temple Graves assured the visitors of their warm welcome to the Gate City of the South. In response to the eloquent welcome of Mr. Graves, IV. A. Blount, Jr., of rensnloca. Fla., and L. C. Hayne, of Augusta. Go., spoke on behalf of the guests from their respective states. A delightfully entertaining address by E. W. Lane, president of the Florida Hankers' Association, followed. In which he compared the advantages of his own state with those of his native •late, Georgia "The man behind the bank,” be as sured hts hearers, "Is largely respon sible for the prosperous and rapid growth of every community In the two states." Address of Prssidant Orms. Joseph T. Orme, of Atlanta president of the Georgia Bankers* .Association, then delivered his annual address, which was replete with recommenda tions and suggestions of value, refer ring pleasantly to the meeting held lust year as the guests of the Florida bunkers. “In 1896—only ten years ago—the Georgia Bankers' Association bad only ninety-nine members. Today the membership stands at two hundred and eighty-four, un Increase since the last snnuul meeting of seventy-three mem bers. Probably no state association In the union can show such a percentage ef In. reuse during the same period,” he said. After referring to the efficiency of the various officers of the association, Mrs. urine continued, as follows: ‘Among the many things we haye to he thankful for In this great common wealth Is the wise and economical manner In which our state has been administered. "For over a quarter of a century, while stories of graft and corruption have been coming to us from almost every part of the country, our ship of State has sailed on serenely In placid Waters, and not the faintest breath of scandal has tainted the fair name of a ►ingle one of our state house officials, or of a member of our judiciary. What State In this union has a better record? • The prosperity of our farming class has been very gratifying, and the fact that last year's crop of cotton sold for enough to pay every man, woman and tlilld In the state of Georgia over HO In cash, and that the by-products of the crop brought millions more. Is am- hie evidence of the fact that cotton is still king and the South still enjoys the greatest monopoly In the world. "The development of our manu facturing industries ha* gone steadily forward, furnishing employment to all the labor to be had In this section. "Many linen of new railroad are be ing built nnd projected, and the out- MORE CURRENCY NEEDED, SAYS CHARLES H. TREAT Able Address Delivered Before the Georgia and Florida Bankers by Treasurer of the United States. The feature of Monday's session of the Georgla-Florida bankers was the address by Charles H. Treat, treasurer of the Uplted States. Treaiursr Treat's Speech. Mr. Treat began by expressing his appreciation of the Invitation extended by President Joaeph T. Orme to appear bffor* the bankers of Georgia and Florida to talk over In an Informal way •be functions of the treasury of the United States and the Intimate connec tion of Its business with the bankers and financial Institutions of the coun try. He referred to the relation of the bankers and banking Institutions to Jhe Treat, a rising vote of tharjj was ten dered him by every person In the halt An interesting discussion of the cur rency bill which Is now before the members of congress was enjoyed, at the conclusion of which a resolution was presented and adopted for the sending of a telegram at once to the Georgia and Florida representatives In the senate telling of the Indorsement of the bill by the bankers of the two states.- Hon. R. E. L. Marshall Sptsks. Hon. R. E. L. Marshall, of Baltimore, Md.. gave, the convention a practical talk en modem methods of banking and the use and abuse of the present state and national banking laws, being followed by an address on currency legislation by Joseph A. McCord, a member of the legislative committee of the American Bankers' Association. The session then adjourned for the day. At 4 o'clock Monday afternoon the several hundred members of the con vention boarded special electric cars and started on a ride around the city. This ride will conclude at the home of the Piedmont Driving Club, where a reception will be held complimentary to the visiting ladles. At 8 o'clock Monday night a banquet will be given at the New Kimball to the members and visiting bankers by the Atlanta clearing house. 8everal Invited guests will be present and the event is expected to be a most enjoy able affair. The sessions on Tuesday will be de voted to the business of each of the y, jesup; u. u. maincx, Ga.: W. M. Bradley, Kestler; II. Leesburg: J. B. Hodges, s; L. R. Farmer, Louisville; mu mini anu pnijww. l»y Of Knstern capital In these enter prise* Indicates the faith Investors have in our people and our continued prosperity. "Authorities on Immigration tell u* that moat of the Immigrants of the next few years will settle In the agri cultural states of the south and aouth- we»t. nnd that states wishing new set tler* should establish bureaus In New Turk to turn the Immigrants their way. other states have taken step* In thla direction, and If we could suc ceed la securing a desirable class of Immigrants It would be of Incalculable heneflt to our state. "I feel that It Is but proper to .refer to the unparalleled disaster which has "'fallen San Francisco; one of the greatest and most cosmopolitan Amer ican cljles. When the people of our common country extended a helping hand to the Inhabitants of that stricken city It was gratifying to note that the hanking fraternity came forward promptly and contributed substantial a'd The timely action of Secretary Shaw in reference to gold Imports, when he met the emergency with sa gacity and firmness; has won for him tha confidence of the financial element thr ughout the country. State Banking Department.' "1 desire especially to recommend that this body request our legislature ‘tact a lew providing for a state hanking department. Many of the state* •a the Union, on account of the great ,m rea*e In the number of banks, ara enacting such legislation. According to he report of the state treasurer. In IMO there were but 140 state banks In exigence, while In 1P04 there are to day 378 banks operating under stats charters. The currency committee of the American Bankers' Association has rec- "amended the paseage of a law which racuid cur* the evils of our Among Those present from Georgia were: G. C. McWhorter, Abbeville, Ga. Joseph S. Davis, Albany; Edwin Sterne, Albany; Sam W. Qunts. Albany: M. C. Stovall, Albany; N. J. Cruger. Albany; J. P. Munnrrlyn, Albany; E. D. Shef field, Amertcue; J. 8. Rhtagler, Ash- burn; R. C. Dunlap, Ashbum; James White, Athens; John J. Williams, Ath ena; George R. Donovan. Atlanta; C. E. Currier, Atlanta; J. S. Floyd, Atlanta; W. T. Perkerson, Atlanta; Charles J, Ryan. Atlanta; H. C. Caldwell, Atlan ta; W. F. Manry, Atlanta: E. H. Thornton, Atlanta; J. T. Holliman: Atlanta; J. K. Ottley, Atlanta; Rob ert J. Lowry, Joseph A. McCord, At lanta; Thomas C. Erwin. Atlanta; Jos- E. Boston, Atlanta; J. O. Sester, Atlan ta; T. J. Peeples, Atlanta; W. L. Peel, Atlanta; Edward Crusselle, Atlanta; Jack J. Spalding, Atlanta: It. H. Brown, Atlanta; Ray H. Payne, Fringe raid; K. '. Farmer, Fltsgerald, W. K. Bowden, Fritgerald; J. E. Warner, Fltsgerald; E. W. Stetson, Fltsgerald; Joe Vinson, Fort Gaines: C. E Martin, Fort Val ley; Frank 8. Loftln, Franklin; R J. Sanders and son, Gainesville: C. C. Sanders, Gainesville; Samuel C. Dun lap, Gainesville; Z. T. Castleberry, Gainesville; P. G. Brannon, George town, Z. M. Plrkel, Glenvllle, G*.; J. E. Bell, Gordon; R. L. McConnors, Greens boro: E. W. Caplan, Greensboro; E. C. Smith. Griffin; J. O. Morris, Hamp ton; W. A. Winn, Harlem; J. fl. Hodges, Hartwell; William Parsons, Hawktnavllle; E. J. Henry, Hawklns- vllle; H. H. Dudley, Jackson; F. S. Ethridge, Jackson; J. C. Turner, Jef ferson; Jostah Blaslngame, Jersey; H. H. Whaley, Jesup; D. B. Blalock, Jonesboro, Ga.; W. M. D. D. Hall. ‘ Logansvllle _ . L. P. Hlllyer, Macon; W. P. Wheeler, Macon; James T. Anderson, Marietta; A. H. Gilbert, Marietta; J. C. Massey, Marietta; M. 8. War*. Marshsllvllls; J. O. Dickson, McDonongh; Howard P. Whlddon, McRae; J. O. Parker, Mlllen; T. L. Daniel, Mlllen; A. J. Arnold. Mon roe; Harry Breedlove, Monroe; J. I* Benton, Montlcello; Z. H. Clark, Moul trie; J. O. 8. Stokes, Moultrie; W. F. McAllister, Mt. Vernon: T. M. Oood- rum, Newnsn, On.: El J. Dunn Ogle thorpe; David C. Barrow. Pelham: B. M. Curry, Pelham; B. C. Holtselaw, Perry; L. F. Cater, Perry; J. R Davis, Quitman; Frank Spain, Jr., Quitman; B. H. Groover, Reynolds; R. T. Hum ber, Jr., Richland; M. O. Phelan, Rober ta; John N. King, Rochelle, Sproull Fouche, Rome; W. P. Wallace, Rutledge, W. M. Smith, Doerun; J. L. Shelton, Danglor; J. W. Thurmond and wife, Dnnnlsonvllle; John T. Duncan, Doug- laavllle; T. M. Longlno, Douglasvllle; G. C, Goldin, Draketnwd; Leroy Pharr, Eastman: J. H. Blackwell, El bert on; Z. C. Hayes, Klberton; J. H. Longlno, Fslrburn; Jewett Smith, Fltsgerald: M. C. McAlpIn, Blarkshear; H. B. Crawford, Blue Ridge: James M. Jones, Boston; K. C. Campbell, Braxton: G. G. Copeland, Bremen; J. J. Mangham, Bremen; E. D. Walter, Brunswick: H. 8. McCsImsn. Buchan an; R. H. Stoke*. Buena Vista; R H. McCrary, Buford; O. L. Agntw. Bu ford; L. P. Pattlllo, Buford; W. F. Sla gle, Calhoun; 8. B. Byrom, Byrom vllle: B. F. Bulloch, Bulloch- vllle; D. W. Wllacox. Duluth; Georg* H. Smith. Brunswick: N. McQueen, Hardwick. Ga.: James P. Shattuck, Lafayette, Ga.; John M. Ja cob. Lawrencevlllr, Ga.; I* M. Brand, Lawrsncevllle; J. B. Tyler, Leesburg: 8. M. Hitchcock. Ssndersvllle: J. E. Johnson, Sandersvllle; Samuel L. Clay. Savannah; M. B. Law. Savannah; John M. Hogan, Savannah; J. H. Strauae, Savannah: Joseph W. Hoffman. Savan nah: E. M. O'Brien. Savannah; F. D. Woodworth, Savannah: W. M. Parent, Savannah; J. C. Met'lain and wife. SmlthvlUa: Robert Holmes. 8parta: country In general, and stated that h* would not enter upon such topics now Interesting the banking fraternity, such ss the unification of the currency, credit currency, 'asset or emergency currency, because .congress will next year take them up for Investigation and possibly legislation. In his talk he confined himself to the presalni the pressing matters that today concern the national treasury In Its relation to the banks and bankers of the country. Need of Small Notes. HI* first theme was the need of small denominations of money. He said: ‘in 1(78 the rational banks were prohibited from Issuing small bills ot the denominations of one's, nnd two's The law was further amended In 1*00, restricting them to one-third ot their circulation In denominations of $6. This was alone ostensibly In order that the large amount ot silver dollars In the treasury might be made useful as circulating medium. "There are nearly four hundred and elghty-two millions of silver dollar! stored In the treasury vaults, which art ptlllzed and enter Into circulation through a paper representative known as silver certificates. These silver dol lars are held for the redemption of the silver certificates, of which there are outstanding at the present time mors than 1474,190,000, to that the amount of free, or unpledged, silver dollars Is reduced to about 87,000,000. Growth of Busins**. "We are well aware that business In tsresta are growing with remarkable strides, demanding larger and mors responsive banking facilities, and the additional circulating was ver> apparent t, the treasury anil to myself. It that an urgent appeal most be made to congress, that some modification should he made in the law. Smsll Denomination* of Gold Not**. "On page 25 ot my report. I recom mended na folli "it Is the duty of the government, under existing laws, to supply the greater part of paper currency re quired, and to recognise the needs of business In denominations to be Is sued.’ "I also made the following suggestion for the consideration of congress: "'First, gold certificates may be au thorised for 85 and 810 Instead of re stricting the lssu* v aa now, to 830, nnd above; second, the rational bank* may be permitted to Issue any part of their circulation of their respective totals In that denomination.' "When congress convened, I had re peated conferences with Mr. Fowler, chairman of the committee on bank ing and currency, as well as with the secretary of the treasury, with the re sult that a bill was formulated on these lines by Mr. Fowler and presented to the committee. It received Its unanl- CORRECT WOMEN’S AND CHILDREN’S FOOTWEAR OUR HOBBY. requirement for medium has Increased to 188.46 ‘ fslrat 888.87 per capka at the be ng of the McKinley administration In 1807. When wo reflect that In 1800 the per capita was only $4.00, we see at a glance the. enormous accumulation of our wealth In currency the past one hundred years. "The present demand upon the Uni ted States treasury for small notes greatly surpasses Its ability to supply them, because of the lack of adequate appropriation to provide the Increased expense for machinery, labor, etc., so tbat during the past year the banka and the business world bay* suffered serious Inconvenience amounting to distress, because of Insufficient cur rency In denominations of one's, two's and five's. I.aat July there were twen ty millions of silver dollars In ths treasury, which were held In anticipa tion of the great demand for them to be Issued a* silver dollars or silver cer tificates, according to the demand. This >ply of silver dollars December to 8143,000. Small bills could then only be had by receiving larger denominations of •liver certificates, and exchanging them for smaller denominations; or. If sll ver dollars were deposited In the trcaa ury, to Issue therefor sliver certificates In such denominations as .we were able to give. It was soon found that the supply of silver certificates was very meager. The treasury had outstanding some thirty millions In denominations of 10's, 20's, 50's, 100's, 600's and 1,000‘s, held mainly as legal reserve, not only nnl banka but by state banka by nstloi and trust companies. The national suspension of to the senate, and now awaits Its ac tlon. T tlflrates adequate made upon It, It Is proposed In this bill (H. R. 18600) to Issue gold certifi cates of th* denominations of five and ten dollars as well as twenty dollars and above, that denomlnatlim. The flve-dollar gold certificates will be used to retire the five-dnllsr silver certlfl cates a* they come to the treasury for redemption; and other business chan nets will be supplied with gold certlfl cates of the same denomination, say to the amount of 325,000,000 to 360,000, '■ releasing $50,000,000 sllvc by th* silver cerilflcati retired. "These silver dollars could then be used as a basis for Issuing smaller de nominations of airier certificates of one's snd two's, and satisfy In s large measure th* demand for smaller de nominations. "It Is also expected that the rational banks, which, under set of 1900, were re stricted .In their Issue of flve-dollar notes, to one-third of their circulation, and which now Issue only 870.000,000, or 13.8 per cent of their entire circula tion, will, now that there la no rcatric tlon to thslr taking out the full amount of their circulation In five's, come to the assistance qf the government and the business community, and Issue such a quantity of flve-dollar notes ss will, In addition to the sliver certificates, secure the needed supply of this denom Instlon. If the rational btnki do not the denomination of silver reril of five dollars anil upward, will be quite exhausted, nnd xve may have another famine In small bills. Mutt Rely on National Banks. "We must, however, rely largely upon the national banks for further addl tlon* to our circulating medium. We need not expect that the United States government will make further purchase of bullion for coinage Into silver dol< Mrs to Increase the volume of silver certificates; therefore, this matter should very seriously engage the early attention of congress. "I am. Informed by many Southern bankers that ns the appropriation for free transportation of silver dollars has been suspended, the demand for bills of ohs's nnd two's sill run heavily Into the millions. Pnpsrlnoney will be pre ferred. because th* oost of expressage on coin Is so much greater." Mr. Treat then discussed the need of clean currency and the calling In and redemption of all ths dirty and mutilat ed notes now In circulation. Uses and Abusss of the 8ubtrsasury, He devoted quite a part of his ad dress to the "uses and abuses of the aubtreasury," beginning by referring to the subtreasury a* “ora of the last relics of Important Democratic Isgla- «■* *«• «* °' their vaults of silver certificates of even 85 denominations, and send them to the treasury for exchange Into one’s and two's. Pressure Is Inilstsnt. The pressure upon the treasury to secure an adequate amount of small bills has been Insistent and tremendous. While st times there might be millions of sliver certificates of small dsnoml- existing law, which was' mandatory, unless In exchange for silver dollars, or In exchange for larger denomina tions of sliver certificates. Banks wtr* repeatedly Inquiring whether. If they should send 8100,000 In gold certificates, the treasury could not - supply them with silver certificates of smaller de nominations, In order to meet the de mands made upon them; but the treas ury was obliged to decline, ss these He began by tracing the history of Its formation through the days of Andrew Jackson and Martin Van Buren. He told In detail the efficacy of the aubtreasury system, particularly as ex emplified by the recent earthquake at Ban Francisco, when the government. In two weffics, released to tbs aubtreas ury there more than $40,000,000 In sum* of $100 to 83,000,000, at an expense of not more than 11.85 for each telegram, regardless of the amount. He also told how a panic was averted In St. Louts two years ago by ths In stantaneous release of $10,000,000 for the use of banka In the fair city, and of ths similar action when New Orleans was last summer threatened with a panic. In conclusion he said: "I make these explanations to show the great advantage It Is for the finan ciers of this country to have Uncle Sam as a banker, when In time of ex- No woman's wardrobe, If she would be well dressed. Is com plete thla teaton without eeverat pain ot shoee. She must havo her Patent Leathers, her black Shoes of Kid or Calf, and her White Ties or Pump*. And there Is real economy In giving your shoes a rest. They will retain their shape better, wear longer, and be In every way more satisfactory than If one single pair be con stantly used. You'll find everything that's swell In Footwear here. White Kid lined Duck Slippers 12. Han'dsoma Patent Kid Ties 82.50. Swell Pat ent Pumps *3 and $4. "Sorosls" Vlcl Patent Gibson Ties 33.60. "Soro- sls" Gun Metal Oxfords 34.00 snd so on. ••turn” alto snappy whit* ran vaa Os font*. walking anjl «lr*aay vaz.Er. $2.00 nil pat. Os- th the large $2.50 da anil Klh- made; eery $4.00 fforosla Patent Vtct dress and evening wear If!■»*§• smart one strap Handala: vM $i.5o Ml****' genuine Patent virt Kid*; one .trap or Ribbon Tie.; *uo ra. $2.00 Boy*' mannlah Patent Colt Oifnrdi. feet tilting; w guaranteed Parent Colt sod 7M ira 1 value, per- $1.50 Oiferda am) Ribbon Ties; new summer models, etc., ft.oa to Fivo Hundred st Bsrbtou* v Special <o The Georgian. Carrollton, On., June H.—The local lodge of ths Knight* of Pythias was host Friday st s barbocue st Oak Lawn Driving perk. About five hundred wer* present, Including members of ths or der. Farmers' Institute Hstd. Special to The Georgian. - Reldavllle, Ga., June It.—A farmers' Institute was conducted hire Friday. Prof. G. F. Hunnlcutt gave an address describing successful farms of his neighbors. Prof. J. M. Johnson discussed fertil isers and soils. He was followed by Mrs. J. 11. L. Gerdlne, of Atlanta, who discussed the country home as It Is snd should be. Cottages for Jekyl Island. Special to The Georgia Brunswick, tla., June 11.—Messrs. Bowen A Thomas, local architects, have been swsrdeA contract* for con struction' of buildings on Jekyl Island, the millionaires' winter resort, amount ing to nearly 8100,000. Among th* buildings to be. erected are a $30,000 outage for F. H. Goodyear, th* mil. Ilonslre president of the- Buffalo and Susquehanna railroad, a casino for th* Jekyl Island flub, to cost $11,000. The contractors begin work on th* Goodyear cottage today. They will have a force of about 110 men on th* various buildings. Work Begins On Station. Special to The Georgian. Brunswick, Ga., Juno 11.—Engineer Kennon. of the Atlanta, Birmingham and Atlantic Railroad Company, has filed with the city authorities plena for the new passenger anil freight depot of the company, and received a building permit Saturday. Work starts today on the foundations of the posoonger depot, which will lie n two-story build ing. with a shed 880 feet long, and will cost 140,000. The contract for this building calls for completion by Au gust 1. Three Dssths st Tueksr. Special to The Georgian. Tucker, Ga., June 11.—The Infant child of 61 r. and Mrs. -J. A. Carter, of Marietta, Ohio, died at the home of J. H. Llfsey Wednesday evening, and was try Batur- Isltlng here. The ■■■i Nos bit died Sat urday and was burled Sunday after noon at tho family burying ground. Mrs. Sarah Rodgers, wife of A. J. Rodger*, dlod Saturday and was burled Sunday at Pleasant Hill. llev. A. J Goss, of Atlanta, conducted tha fu neral. Dies from Appendicitis. Special to Tha Georgian. McRae, Ga., June II.—The death of W. T. Pullen, a prominent farmer and cittern of this county, occurred at hi* home, 4 miles south of here, Saturday morning. Ills death, waa caused by appendicitis. He la survived by a wife, two children, a brother and two sis ten. Fir* Destroys Residence. Special to Ths Osorglsn. X " tlcrllo, Gs„ June lt.-nTh« hand residence of Lildf K V. i. Tho The cause of the fire Is unknown, housk was well-insured. Stranger Adjudged Insane. Special to The Georgian. Valdosta, Ga.. June II.—A white man named E. A. Stephens, a comparative stranger here, waa triad ysstarday for lunacy and adjudged Insane. He Is now confined In tha county Jail await Ing removal to tha atata asylum. Damages Are Paid. Special to Th* Georgian. Valdosta, Ga., June II.—C. II. Tay lor, of this county, who sutd tha At lantic Coast Line Railway Company for damages for the loss of his leg. haa been paid tha amount awarded him by the Jury, which, with Interest, amounts to about 88,700. urrrncy system, and It Is to be hoped John D. Walker Sparta; J. D. Bur- the law makers at Washington nett, 8parts: Brooks * _ Slmmora, *'■ abandon tha use ot th* muck-rake Statesboro; J. L. Coleman. Statesboro. f nl Pitchfork lone «nou#h to five u» W. C. Mycr*. Btlllmore; K. Bit tin#, "medial legislation In this direction.” Summerville; 8. J. Ftondera Summit: Mr. Orme waa followed by Hon. I Homer D. Strickland. Swalnoovoro, Ju- .bfrtea H. Treat, treasurer of the! Ilu* Walker, Sylxranla.W.H. Prescott. I mted states, who delivered a brilliant, Salnweaboro: W. P. Williams, Iva- »'-<!resa that held tha attention of all nla; R L. Pouledge, Sylvan Is. T. M. » r “ent. Matthews, Tbomastnn; L- P- Davis. At the conclusion of the talk by llr. 'Tbotraston; R O. Bowden. Thomson. < ilill'li ■'iMi "OU write a letter to Jones enclosing a statement of his account. The letter should be in purple copying ink, the statement in black record, the credits in red. The NewTri-Chrome Smith tender Typewriter will do it all with one ribbon; do it quickly, neatly and correctly. The Smith Pseuiik Tvriwtrrx* Cosnunr 405 CANDLER BLDG. C. A. PECK. Manager. BRIEF NEWS BY WIRE Railroad* Fight Rat* Law. St. Louis, Mo., June II.—The hear ing of evidence In the railroad In junction suit against tho Missouri board of railroad and ware hnure commissioners and Attorney General Hadley to restrain the enforcement of the- maximum freight rate lew was commenced her* today. Trained Nureet In ••••ion. , Des'Moines, Iowa, June 11.—A con vention of the Iowa State Associa tion of Trained Nurses met here today, with headquarters at tho Chamberlain hotel. The session will last two days, during which lime the nurses will dis cuss numerous matters relating to their profession. Kentucky Grand Army of ths Repub- lie Meets. Berea. Ky- June II.—Tho twenty- traordlnary need ho can command auch ■urns In ouch ways as to meet tho emergency. "It lo frequently said that tha finances of the country should ba en trusted to banks, that It Is not tho true function of the government to take from the people the management of bus iness affairs which they can better conduct themselves. It would there fore seem that, while as a government proposition It Is not well to carry a targe surplus yet. If Unde Sam la to ba the ration's banker. If he Is to con serve the tremendous financial Inter est* of the country. If he Is through the people to assume this reaponslbll-. Ity, ho ohould bo ably reinforced to moot every expectation and to allay every Just cause of alarm. When he retires from the banl can we take up tha. thers. and say that the Income of the convention of the fourth annual state encampment of the Grand Army of th* Republic for th* department of Kentucky assembled In this city today, and will remain In session over Wednesday. Many dis tinguished guest* are In attendance. In addition to tha delegates from posts throughout the state. Wedneaday will be th* big day of the encampment. Encampment Opens Tuesday. Marinette, Wla., June II.—Grand Army vetarans are arriving In consid erable numbers for their fortieth an nual state encampment which open* here tomorrow. Marinette baa com eat plans for tba entertain ment of the veterans. Among the delegates already on hand opinion In cllnes to the belief that John W Raves, of Fox Lake, will be the next department commander. Dakota Masons Gather. Sioux Falla. H. Dak, June 11.—Ma sons of high degree are gathered here from all parts of South Dakota for thslr annual grand lodge meeting, which will be In seaalon until Thurs day. The dedication of the new 8(6,- 000 Masonic temple Is a leading fea ture of th* program. Nswberry Commencement On. Newberry, S. C., June 11.—Th* com mencement exercise* and aaml-renten- nlal celebration of Newberry college wer* continued today. Th* vlaltora In cluded atat* officials and other public men, together with alumni and other friends of th* college. Leber Folk Are Meeting. Stillwater, Minn, June 11.—Many delegate* were on hand today at th* opening of th* twenty-fourth annual ity- Minnesota State Among the Inl and honest expenditure; that a surplus portent matters to be considered dur- I* a source of danger, and may be a | Ing the three days of the convention temptation tu extravagance” la the advleahllity of ths state feder ation inking an nctlve part In politics •a recommended hy Preeldent Gompei t, of the American Federation of Labor. Liquor Laws In Operation. Frankfort, Ky, Jun« II.—The n*w state liquor law pnssed by the last ses sion of the Kentucky Icglslntuir went Into operation today. Among oiher things, the l*w Impose* a henvy penal ty on railroads, express companies nnd other common carrier* If they enrry liquor Into local option communities. Class Psy at Columbia. Columbia, 8. C, June 11.—The class day exerclars of the University of South Carolina ware held today. E. H. Andrews, of Oconee, delivered the oration, and the class history was read by Roger II. Clayton, of Colum bia. The claaa poem, by George it Reaves, of Marlon, and tho das* prophecy by F. Covington, of Mor ion, furnished the usual amount of Cap and Gown Evsrywhtre. Princeton, N. J, June it.—Today was class day at Princeton, nnd every where were to be seen groups of stu dents In rap and gown. The exer- i«e« of the dny, In accordanrs with time, honored custom, Included the Ivy plant- Ing and Joy oration In front of Nassau hall; the cannon exercises and s-tpho- more reception. Tomorrow will be alumni day. Catholics Discuss Missions. ■ Washington, D. C, June 11 Ths annual conference of the I'nthotir Missionary union openod today at th« Apoatnllc Mission house, Brookland. Ills hop P. J. Donahue, of Wheeling, w. Va, delivered the opening address. Tho sessions are to continue three day*. Among those Inking part six J. 8. Leahy, of Missouri, representing the Knights of Columbus: Rov. Os mund Welsneth, O. B. B. nf Alabama llev. James A. Walsh, of Boston, and William F, Downey, founder -,r the lAUigun of the Good Hnnmrltan. THE SMITH PREMIER AT BANKERS CONVENTION. ft la rather a afmlflpant fart that Him wtt'y tjrpawrft#r »n nhlhit at Him Kl..rM* (Irorjrl* Ilanbara* i*n riven don u Mmlrh ITruilrr. Thla inarhln# f« n * oirnlicl a* Him ■tamlanl of trf»wi1tf>r run at ruction, an<1 It la f|tiltr afinotM* that It abouhl orruny such « jggfeess ■ jointly with tu- Derby WO NEGROES HELD FOR BRYANT'S MURDER gperlal to The Georgian. Washington, Ga, June 11 Rnusann* McLendon and Sanders Favor, both colored, were arrested here Hunday night on the charg* f I- ns connect ed with the asoasslratlon of William Bryant, In this county, two weeks ago. They were put In Jail here to await trial, which will occur this afternoon or Tuesday morning. Th* nature of th* evidence against the negroes Is not known, as th* -.ni cer* any they prefer not to discuss the affair until more light t* (hod on the mysterious death. TO BUILD NEW THEATER IN SELMA, ALABAMA. gpeelal to Th* Georgias. Montgomery, Ala.. Jun* rotary of atat* has beet the following now corpo change Drug Company, ery. Capital stock II The sec- .f Montgo pur*tor*: r. P. Littlejohn. J. A. Nel son, E. Lyon*, Lampkln and Thomason, James Mitchell, O. M J. Thomas, L <'. Griffith. R E. Pruitt. E. R. M-a.- .n and H. Pointer. A new theater Is to be erected. Cousins-Carre 11 Jewelrv Company, nf 14.0O.I |n- corporators: J M Cousins, Mr*. A. }lM 'ou«lns and A. 8 Currell. Jr.