The Atlanta Georgian. (Atlanta, GA.) 1906-1907, June 11, 1906, Image 3

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■ a - WWWfWHSlIf IJI — THE ATLANTA OEOROIAN. MONDAY. JI NK 11, 1**. bankers of two states meet AND HEAR ADDRESS BY G. h- TREAT|HH? s ,S , 'tS , A£SS Joint Session Con vened Monday- Morning. TWO PRESIDENTS WERE IN CHAIR Atlanta Is Thronged with Men Who Handle Other People's Money. With corridors, lobby and conven tion hall gaily decorated with the na tional colors. In honor of the distin guished visitors, the thirteenth annual convention of the Florida Bankers’ Association and fifteenth annual con vention of the Georgia Bankers' As sociation were opened In the conven tion hall of the Kimball house Monday morning with a Joint .session of both bodies of representative citizens 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 E. W. Lane, pres ident of the Florida Bankers' Associa tion. The meeting was called to or der by Mr. Orme, after which follow ed an Invocation by Kev. Z. S. Farland, of Atlanta. Owing to the Illness and necessary absence from the opening meeting of Eugene H. Thornton, whoiwas on the program for the address of welcome, Hon. John Temple Graves assured the visitors of their warm welcome to the Gute City of the South. In response to the eloquent welcome of Mr. Graves, W. A. Blount, Jr., of Pensaloca, Fla., and L. C. Hayne, of Augusta, Ga., spoke on behalf of the MORE CURRENCY NEEDED, SAYS CHARLES H. TREAT Able Address Delivered Before the Georgia and Florida Bankers by Treasurer of the United States. J should, he made In the law. Small Denomination* of Gold Notes. "On page IS of my report, I recom mended ns follow's: '"It Is the duty of the government, under existing laws, to supply the greater part of paper currency re qulrcd. and to recognize the needs of business In denominations to be Is. sued.' "I also mndc the following suggestion for the consideration of congress: “'First, gold rertlflrates may be au thorized for IS and 310 Instead of re- strictlng the Issue, ns now, to 310, and above; second, the nntlonal banks may be permitted to Issue any part of their circulation of their respective totals The feature of Monday's session of the Georgla-Florlda bankers was the address by Charles H, Treat, treasurer of the United States. Treasurer Treat's Speech. Mr. Treat began by expressing his appreciation of the Invitation extendod by President Joseph T. Orme to appear before the bankers of Georgia and Florida to talk over In an Informal way the functions of the treasury of the United States and the Intimate connec tion of its business with the banker* and financial Institutions of the coun try. He referred to the relation of the bankers and banking Institutions to the guests from their respective states. A delightfully entortalnlnt address by E. W. Lane, president of the Florida Bankers’ Association, followed. In which he compared the advantages of his own state with those of his native state, Georgia. “The man behind the bank,” he as sured hi* hearers, "Is largely respon sible for the prosperous and rapid growth of every community In the two slates." • Address of President Ormt. 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 last year as the guests of the Florida bunkers. “In 1S9C—only ten years ago—the Georgia Bankers' Association had only ninety-nine members. Today the membership stands at two hundred and eighty-four, an Increase since the last annual meeting of seventy-three mem- Probably no state association In Treat, a rising vote of than>.s waa ten dered him by every person In the hall. An interesting discussion of the cur rency bill which Is now before the members of congress waa enjoyed, at the conclusion of which a resolution waa 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. the union can shbw' such a percentage of Increase during the sante period," he said. After referring to the efficiency of the various officers of the association, Mrs. Orme continued, as follows: ' Among the many things we have to be thankful for In this great common wealth Is the Wise and economical manner In which our state ha* 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 single one of our state house officials, •>r 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 ei'ery man, woman and Child In the state of Georgia over 3*0 In cash, and that the by-products of the crop brought millions more, Is am ple evidence, of the fact that cotton Is still king and the South still enjoys the greatest monopoly In the world. “The development of opr manu facturing Industries has gone steadily forward, furnishing employment to all the labor to be had In this section, “Many lines of new railroad are be ing built and projected, and the out lay of Eastern capital In these enter prises Indicates the faith Investor* have In our people and our continued prosperity. “Authorities on Immigration tell us that most , of the Immigrant* of next few year* will settle In the agri cultural states of the south and south west, and that states wishing new set tlers should establish bureau* In New Tork to turn, the Immigrant* their way. Other states have taken atop* In this direction, and If we could suc- ceed In- securing a desirable class of Immigrants It would be of Incalculable benefit to our state. “I feel that it Is but proper to refer to the unparalleled disaster which has befallen Ban Francisco,' one of the greatest and moat cosmopolitan Amer ican cities. When the people of our common country extended a helping band to the Inhabitants of that stricken city it was gratifying to note that the banking fraternity came forward promptly and contributed substantial aid. The timely action of Secretary Shaw In reference to gold Imports, w hen he met the emergency With *a- ecclty-and firmness, has won for him •he confidence of the flnancUl element throughout.the country. State Banking Department. "I deilre especially to recommend •bat this body request our legislature to enact a law providing for a state banking department. Many of the states In the Union, on account of the great Increase In the number of banks, are enacting such legislation. According to the report of the state treasurer, In 1900 there were but HO atate banks In existence, while In 1»0« there are to day 171 banks operating under atate 'barters. "The currency committee of the A merlcan Bankers' Association has rec- xbould cure the . • urrency system, and It la to be hoped ■bat the law makers at Washington will abandon the use.of the muck-rake and pitchfork long enough to give us -medial legislation In this direction.’’ Mr. Orme waa followed by Hon. ■ hartes H. Treat, treasurer of the I nlted States, who delivered a brilliant address that held the attention of oil present At the conclusion of the talk by Mr. Hon. R. E. L. Marshall Speaks, Hon. R. E. L. Marshall, of Baltimore, Md., gave the convention a practical talk on modern 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. Several 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 two organizations, which will meet sep arately for that purpose at 9:30 o'clock. Among Those Present. Those present from Georgia were: Q. C. McWhorter, Abbeville, Ga.; Joseph S. Davis, Albany; Edwin Sterne, Albany; Sam W. Quntx. Albany; M. C. Stovall, Albany; N. J. Cruger, Albany; J. P. Munnerlyn, Albany; E. D. Shef field, Amerlcus; J. S. Shingler, Ash- burn; R. C. Dunlap, Ashburn: James White, Athens; John J. Williams, Ath ens; 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; Joa- E. Boston, Atlanta; J. G. Seatsr, Atlan ta; T. J. Peeples, Atlanta; W. L. Peel, Atlanta; Edward Crusselle, Atlanta; Jack J. Spatdlpg, Atlanta; R. H. Brown, Atlanta; Ray H. Payne, Fltsgerald; E. V. Farmer, Fltsgerald, W. R. Bowden, Fitzgerald; J. E. Warner, Fltsgerald; E. W. Stetson, Fitzgerald; Joe Vinson, Fort Gaines; C. EX 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. O. Brannon, George town, Z. M. Plrkel, Glenvllle, Ga.; J. EX Bell, Gordon; R. L. McConnora, Greens boro; EX W. Caplan, Greensboro; E. C. Smith, Griffin; J. O. Morris, Hamp ton; W. A. Winn, Harlem; J. H. Hodges, Hartwell; William Parsons, Hawklnavllle; E. J. Henry, Hawklns- vllle: H. H. Dudley, Jackson; F. 8. Ethridge, Jackson; J. C. Turner, Jef ferson; Joslah Blaslngsme, Jersey: H. H. Whaley, Jesup; D. B. Blalock, Jonesboro, Ga.; W. M. Bradley, Kestler; D. D. Hall, Leesburg; J. B. Hodges, Logansvllle; L. R. Farmer, Louisville; L. P. Hlllyer, Macon; W. P. Wheeler, Macon; James T. Anderson. Marietta; A. H. Gilbert, Marietta; J. C. Massey, Marietta; M. 8. Ware, Marshallvllle; 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. L. Benton, Montlcello; Z. H. Clark, Moul trie: J. O. S. Stokes, Moultrie; W. EX McAllister, Mt. Vernon; T. M. Good- rum, Newnan, Ga.: E. J, Dunn Ogle thorpe; David C. Barrow. Pelham; B. M. Curry, Pelham; B. C. • Holtsclaw, 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 Foucbe, Rome; W. P. Wallace, Rutledge, W. M. Smith, Doerun: J. L. Shelton, Danglor; J. W. Thurmond and wife, Donalsonvllte; John T. Duncan, Doug- lasvllle; T. M. Longlno, Douglasvllle; G. C. Goldin, Draketown; Leroy Pharr, Eastman: J. H. Blackwell, El- bertnn; Z. C. Hayes, Elberton; J. H. Longlno, Falrburn; Jewett Smith, Fltsgerald; M. C. McAlpln. Blackahear; H. B. Crawford, Blue Ridge; James M. Jones, Boston; K. C. Campbell, Braxton; G. G. Copeland, Bremen; J. J. Mangham, Bremen; EX D. Walter, Brunswick; H. S. McCalman, Buchan an; R. H. Stokes, Buena Vista; R. H. McCrary, Buford; O. JL Agnew, Bu ford; L. P. Pattlllo, Buford; W. F. 81a- gle, Calhoun; S. B. Byrom, Byrom- vllle: B. F. Bulloch, Bulloch- vllle: D. W. Wllscox. Duluth; Gaorge H. Smith, Brunswick; N. McQueen, Hardwick, Ga.: James P. Shattuck, Lafayette, Ga.; John M. Ja cob, Lawrencevllle, Ga.; I* M. Brand, Lawrencevllle; J. B. Tyler. Leesburg; S. M. Hitchcock, Sandersvllle: J. E. Johnson, Sandersvllle; Samuel L. nay. Savannah: M. B. U», Savannah; John M. Hogan, Savannah: J. H. Strause, Savannah: Joseph W. Hoffman, Savan nah: E M. O'Brien. Savannah; F. D. mi a .a. a.n.iiwah- tl* \f Varnnl country in general, and staled that he would not enter upon such topics now Interesting the banking fraternity, such as the unification' of the currency, credit currency, asset or emergency tn that denomination.' "When congress convened, I hod re peated conferences with Mr. Fowler, chairman of the committee on bank. Ing nnd currency, as well as with the secretary of this treasury, with the re sult that n bill was formulated on these lines by Mr. Fowler and presented to currency, because congress will next the committee. It received it* unanl. year take them up for Investigation and possibly legislation. In hta talk he confined himself to the pressing matters that today concern the national treasury in its relation to the banks and bankers of the country. Need of 8mall Notes. His first theme was the need of small denominations of money. He said: ‘‘In 1878 the national banks were prohibited from issuing small bills of the denominations of one’s, and two's The law was further amended In 1900, restricting them to one-third of their circulation In denominations of 38. This w»* alone ostensibly In order that the large amount of silver dollars In the treasury might be made useful as a circulating medium. ■There are nearly four hundred and elghty-two millions of sliver dol'ari stored In the treasury vault*, which ar« utilized and enter Into circulation through a paper representative known aa silver certificates. These allver dol lar* are held for the redemption of the allver certificates, of which there are outstanding at the present time more than 3474,800,000, so that the amount of free, or unpledged, silver dollars is reduced to about 37.000,000. Growth of Business. “We are wilt aware that business In terests are growing with remarkable strides, demanding larger and more responsive banking facilities, and the requirement for additional circulating medium has Increased to 332.48 ns against 312.87 per capita at the begin ning of the McKinley administration In 1897. Whsn we reflect that in 1800 the per capita was only 34.99, 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 that during the past year the banks and the business world have Buffered serious Inconvenience amounting to distress, because of Insufficient cur rency In denominations of one's, two's and five's. Last July there were twen ty millions of silver dollars In the treasury, which were held in anticipa tion of the great demand for them to be Issued as stiver dollars or allver cer tificates, according to the demand. This supply of silver dollars was reduced In December to 3143,000. "Small bills could then only be had by receiving larger denominations of silver certificates, nnd exchanging them for smaller denominations: or, If sil ver dollars were deposited In the treas ury, to Issue therefor silver certificates in such denominations as we were able to give. It was soon found that the supply of allver certificates was very menger. The treasury had outstanding some thirty millions In denominations of 10'S, 20’s, BO's, 100's, BOO'S and 1,000's, held mainly aa legal reserve, not only by national banks, but by state banks and trust companies. The national tnoui vote, and passed the house under suspension of the rules and was sent to the senate, and now awaits Its ac tion. “To supply the treasury with cer tificates adequate to meet the demand made upon it, It Is proposed in this bill (H. H. 137.66) to issue gold certifi cates of the denominations of five nnd ten dollars, as well ns twenty dollars and above that denomination. The !1\ .'--I.illar gnl.I ..I till. it. « ill I"' n“ed to retire tho flve-dollar silver certifi cates, ns thoy come to the treasury for redemption: nnd other business chan nels will be Supplied with gold certifi cates of the same denomination, say to the amount of 328.000,000 to 380,000,- 000, therphy releasing 380,000,000 silver, I'..|H'i'S<mti'ii ti) till, silver i.erllllcales I Mil l'd. "These sliver dollars could then be used ns a basts for Issuing smaller de nominations of silver certificates of one's nnd two’e, and satisfy In a large measure the demand for smaller de nominations. ■'It Is also oxpected that the national banks, which, under net of 1900, were re strlcted In their Issue of flve-dollar notes, to one-third of their circulation, and which now issue only 376,000,000, nr 13.8 per cent of their entire circula tion, will, now thnt there Is no rostrlc- ii.m to thdr tolling .mt tht full amount of their circulation In five‘s come to the osslstanco of the government and the business community, and Issue such a quantity of flve-dollar notes as wilt, In addition to tho allver certificates, secure the needed supply of this denom ination. ir the national banks do not now co-operate, we may expect, within tho course of two or three years, that tho denomination of silver certificates of five dollars and upward, will be qulto exhausted, and w-e may have another famine In small bills. Must Rely on National Banks. "We must, however, rely largely upon the national banks for further addi tions to our circulating medium. We need not expect that the United States government will make further purchase of bullion for coinage Into allver dol lars to Increase the volume of silver certificates; therefore, this matter should very seriously engage the early attention of congress. “I am Informed h>- many Southern hankers thnt ns the appropriation for free transportation of sliver dollars has been suspended, the demand for bills of one's and two's will run heavily Into the millions. Paper money will bo pre ferred, because the coot of expressage on coin Is so much greater." Mr. Troat then discussed the need of clean currency and tha calling In and redemption of oil the dirty and mutilat ed notes now in circulation. U«*s and Ahuie* of th* Subtraatury, He devoted dulte a part of hla ad dress to tho "uses and abuses of the aubtreaeury,” beginning by referring to the aubtreaaury as “one of the last relics of Important Democratic legls- !BWL!5!!!L b 2SL!HK& & 5S2S ‘hat have atood th. teat of time. their customers, were obliged to empty their vault* of sliver certificates of even 38 denominations, and stnd them to the treasury for exchange Into one's and two's. Prtsiura It Insistent The pressure upon the treasury to secure an adequate amount of small bills has been Insistent and tremendous. While at times there might be millions of silver certificates of small denomi nations held In the treasury vaults, yst they could not be paid-out under the existing law, which waa mandatory, unless In exchange for silver dollars, or In exchange for larger denomina tions of sliver certificates. Banks wers repeatedly Inquiring whether. If they should send 3100,000 In gold certificates, the treasury could not supply them with stiver certificates of smaller de nominations, In order to meet the de mands made upon them; but the treas ury was obliged to decline, as these Ho began by tracing the history of Its formation through the dsys’of Andrew Jackson nnd Martin Van Buren. Ho tojd In detail tho efficacy of the subtreasury system, particularly ns ex emplified by the recent earthquake at San E'ranclsco, when tho government, in two weeks, released to the aubtreaa ury there more than 340,000,000 In sums of 3100 to (3,000,000, at an expense of not more than 31.15 for each telegram, regardless of th* amount. He also told how a panic was averted In St. Louis two ytars ago by the In stantaneous releoat of 310,000,000 for the use of banks In the fair city, and of the 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 |n time of ex- CORRECT WOMEN’S AND CHILDREN’S FOOTWEAR OUR HOBBY. No woman's wardrobe, If she would bo well dressed, Is com plete this season without several pairs of shoes. She must have her Patent leathers, her black Shoes of Kid or Calf, and her White Ties or Pumps. And Ihero Is real economy In giving your shoes a rest. They will retain their shapo bettor, wear longer, and ,be In every way more satisfactory than If one single pair be con stantly u*ed. You’ll find everything that's swell In Footwear here White Kid lined Duck Slippers $2. Hnndsomo Patent Kid Tlea $2 50. Swell Pat ent Pumpa $3 and $4. "Sornale" Vld Patent Gibson Ties 31.50. "Soro- lit” Oun Metal Oxfords 34.00 and so on. VMS Oxfords, Walking and dressy $2.00 Women's handmade riel,and pat. Ox fords nnd Itlnbon Tien with the urge .$2.50 $4.00 Bernals Patent Vlcl dress nnd evening wear Ttimps for $4.00 Sffssea* smart one strap Randal*: kid; sixes 114 to 24; ^ j 50 very special at. $2.00 nogs' mnnntah Patent Colt Oxford*, fliurher styles: very KA dressy, 1H to ng; wear •d I value, per $1.50 Women'a and Mlaaea' White Conrn* Oxfnnln and Ribbon Ties; all the In new *timiner model*, etc., $1,00 to $2.50 J. M. HIGH COMPANY. GEORGIA NEWS IN PARAGRAPHS Flvs Hundred at Barbeeu*. Special to The Georgian. Carrollton, Oa.. June 11.—The local lodge of tho Knights of Pythias waa host Friday at n barbecue at Oak Ijiwn Driving park. About five hundred were present, Including member* of the or der. Farmers’ Institute Held. Special to The Oeorglan. Reldsvlllo, Ga.. June 11.—A farmers’ Institute waa conducted here Friday. Prof. O. F. Hunnlcutt gave on address describing successful farms of hla neighbors. Prof. J. M. Johnson discussed fertil izer* and aolla. He was followed by Mra. J. II. L. Oerdlne, of Atlanta, who discussed the country horn* aa It la and should be. Cottage, for J.kyl l.lsnd. Special to The Georgian. Brunswick, Ga., June 11,—Meaara. Bowen A Thomas, local architect*, have been awarded contract* for con struction of buildings on Jekyl Island, the millionaires' winter resort, amount ing to nearly 3100,000. Among the buildings to be erected are a $30,000 cottage for F. H. Goodyear, the mil lionaire president of tho Buffalo and Susquehanna railroad, a casino for the Jekyl Island Club, to cost $18,000. The contractor* begin work on the Goodyear cottage today. They will have a force of about 180 men on th* various buildings. • Work Begins On 8tatlon. Special to The Georgian. Brunswick, (la., June 11.—Engineer Kennon. of the Atlanta, Birmingham and Atlantic Railroad Company, hat filed with the city authorities plans for the new passenger and freight depot of the company, and received a building permit Saturday. Work starts today on the foundation* of tho passenger depot, which will be n two-alory build ing. with a ahed 360 feet long, nnd will coat 140,000, The contract tor this building calls for completion by Au gust 1. Thrss Deaths at Tucker. Special to The Georgian. Tucker, Ga., June 11.—The Infant child of ,Mr. and Mrs. J. A. Carter, of Marietta, Ohio, died at the home of J. H. Llfsey Wednesday evening, and waa burled at Zion church cemetery Satur day. Mra. Carter Is visiting here. The Infant child of E. A. Neablt died Sat urday nnd was hurled Sunday nfter- nnon at the family burying ground. Mrs. Sarah Rodgers, wife of A. J Rodgers, died Saturday and waa burled Sunday at Pleasant lllll. Itev. A Goss, of Atlanta, conducted the nersl. ntlon taking an active part In politics ns recommended by President (lumpers. "7 tbc Am. Hi mi I . .i, i .it Pm of Labor. Liquor Lawa In Operation. Frankfort. I<y., June 11.—The new atnto liquor law passed by the Inst ses sion qf the Kentucky leglsl Into operation today, things, the law Impose, ty on .railroads, exp other 'common cnrrterM 1 liquor Into local option c mure went mug other avy penal- panics and all lea. arry - The class Dies from Appendicitis. Special to The Oeorglan. McRae, Oa., June II.—Th# death of W. T. Pullen, a prominent farmer and citizen nf this county, occurred at hla home, 4 mile* south of hers, Baturday morning. HI* death was caused by appendicitis. He Is survived by a wife, two children, a brother aqd two sis ters. Fire Destroys Residence, Special to Tho Georgian. Montlcello, Oa.. Juno II.—The hand some residence of Ludy Kelly wns to tally destroyed by fire Friday night. The cause of the fire Is unknown. The house was wall Insured. Stranger Adjudged Insant. Special to The Oeorglan. Valdosta, Ga., June 11.—A while msn named El A. Stephens, a comparative stranger here, was tried yesterday for lunacy and adjudged Insane. ■ lie la now confined In the county Jail await ing removal to th# state asylum. Class Day at Co Columbia. 8. C, Juno day exercises of the Unlv South Carolina were held today. E. «. Andrews, nf Oconee, delivered th* oration, and the class hli read hy Roger B. Clayton, bln. The clans poem, hy Hen van, of Marlon, and prophecy by F. F. Covlngto Ion. furnished the usunl merriment for tho students friends. < ’olum- the 4’lfMfl n. of ivur- ii mount of anrl their svery- f stu- •re-Inca . Cap and Gown Everywhere. Princeton, N, J„ Juno 11.—Today wna class day at Prlncoton, c * where wore to be aeon grou denta In cap nnd gown. Tlu nf the day, In accordance *■ honored cuNtom, Included tht Inj? nnd Joy oration In front hall; the cannon exercises i more reception. Tormnroi alumni day. 1 Ivy plant- of Nassau i ml Nophn- 1 —The ’At holla at the kland. Damages Are Paid. Special lo The Georgian. Valdosta, Ga., June 11.—C. H. Tay lor, of this county, who ausd the At lantic Coast Line Railway Company for damages for the loss of hla leg, has been paid the amount awarded him by tha Jury, whlrh, with Interest, amounts to about $1,700. Bloodwortb, Savannah; W. M. Farant, Savannah; J. C. McClain and wife, Smlthvllle; Robert Holmes, Sparta; John D. Walker. Sparta; J. D. Bur nett, Sparta: Brook* A Simmons, Statesboro: J. L. Coleman, Statesboro: W. C. Myers. Stlllmore; V. K. Bitting, Summerville: H. J. Flanders, Summit; Homer D. Strickland. Swalnesvoro: Ju lias Walker. Sytvanla, W. H. Prescott. Salnwesboro: W. P. William*. Srlra- nla; Ft U Pouledge. Sylvan!*: T. M. Matthews, Thoms*ton; L. P. Darts. Thomaston; R. O. Bowden, Thomson. '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 New TH-Chrome SoUk Premia Typewriter will do it all with one ribbon j do it quickly, neatly and correctly. This machtiM ;rr., ■ ■ not only th. cot a thms color r Tm Smith Patuttz Trriwam* Cowrawr 405 CANDLER BLDG. C. A, PECK, Manager. Railroads Fight Rat* Law. St. Louis, Mo., June 11,—Th# hear ing of evidence In the railroad In junction suit against the Missouri board of railroad and war* house commissioner* and Attorney General Hadley to restrain the enforcement of the maximum freight rat* law was commenced here today. Trained Nurses In Sttslen. Dos Moines, Iowa, June 11.—A con vention of the Iowa Slate Assooia. with headquarter* at _ hotel. The session will last two days, during which time th* nurse* will dis cus* numerous matters relating to their profession. Ksntucky Grand Army of th* Rspub- lie Masts. Beret. Ky.. June H.—The twsnly- traordlnary need he can command such sum* In such ways as to meet tha emergency. "It Is frequently said that the finances of the country should be en trusted to banks, that It la not the true function of th* government to lalce from the people the management of bus iness affairs which thsy can better ronduct themselves. It would there fore seem that, while as a government propoeltlon It Is not well to carry a large surplus, y*L If Unds Sam la to bs the nation’s banker. If he la to con serve the tremendous financial Inter ests of the country. If he is through the people to assume this responsibil ity, he should be ably reinforced to meet every expectation and to allay every Just cause of alarm. When he retires from the banking business, then can we take up th* refrain nf the fa thers, and tty that the Income of, th* government should be limited to a wise and honest expenditure; that a surplus Is a source of danger, and may be a temptation to extravagance" fourth annual state encampment of th* Grand Army of th* Republic for the department of Kentucky assembled In this city today, and will remain In session ovsr Wednesday. Many dla Itlon to tlie delegates from posts throughout th* state. Wednesday will be the big day of th* encampment. Encampment Opsns Tuesday. Marinette, Wl*„ June li.—Grand Army veteran* are arriving In conald erabl* numbers for Ihslr fortieth an nual state encampment which opens here tomorrow. Marinette has com pleted great plans for th* entertain, meat of the veterans. Among tjit delegates already on hand opinion In clines to the belief that John Eaves, of Pox Lake, will be th* next department commander. Dekota Maeoae Gether. Sioux Palls, 8. Dak., June 11.—Ma son* of high degree are gathered here from all part* nf South Dakota for their annual grand lodge meeting, which will be In eeselon until Thurs day. Tha dedication of the new $46,- 000 Masonic temple I* a leading fea ture of the program. Newberry Commencement On. Newberry, S. June 11.—Th# com mencement exercises and seml-csnten- nlat celebration . of Newberry college were continued today. The visitors In cluded state officials and other public men, together with alumni and other friends of the college. Labor Folk Are Meeting, Stillwater, Minn., June 11.—Many delegate* were on hand today at th* opening of the twenty-fourth annual convention of th* Minnesota State Federation of Labor. Among th* Im portant matter* to be considered dur ing the three days of th* convention Is the advisability of the state feder- Catholics Discuss Mi . Washington, D. O, Jun unnun) conference of tt •Missionary union opened l Apostolic Mission house Bishop P. J. Donahue, of Wheeling. W. Va.. delivered the opening address. The sessions are to continue three days. Among those tuklng part are J. S. Leahy, of Missouri, t,.presenting the Knlghlt nf I'olumhut. Rev. o*. mund Welsneth, O. K. II. of Alabama; Rev. James A. Walsh, of Boston, and William F. Downey, founder of the League of the Good Samaritan. THE SMITH PREMIER AT BANKERS CONVENTION. It Is rather a «nly tjjM’Mrlfur o <J#*4»rjrU llankpra' - rrouflar, Thla mn« Mm* it thf Florida- la th#» Hmlth , x- . — M IgBltAd aa tha Standard «.r Wili.-r Mill It la quits aftrtinoa thnt It $*lionlii orrupy N u<’h a pr'HnIoeflt plant In unrii an Important aath- Thajr exhibit upl.-* room of, hotifc Jointly with th«> I»**rby TWO NEGROES HELD EOR BRYANT'S MURDER Special to Th* Oorgtan. Washington. Go., June 11 Hmjsannft i McLandon and Sanders Favor, both olored, were arrested here Sunday night on th® charge of being ronnect- ed with tho assassination of william Bryant, In thla county, two weeks ago. They were put in Jull h*re to await trial, which will occur thin afternoon • Tuesday morning. The nature of the evidence ugalnat the negroes is not known, ah the o cent say they prefer not to dlncuaa the affair until more light la shed on the mysterious death. TO BUILD NEW THEATER IN SELMA, ALABAMA. hpeclol to The Georgian. Montgomery, Ala., June 11.—The sec retary of atata haa been Informed of the following new' corporations: change Drug Company, of Montgom ery. Capital hto<k S 10.040. Incor porators: F. P. Littlejohn. J. A- Nel son, K. Lyon*. Lampkin and Thomason, 1 Jame* Mitchell, G. M J Thomas, L. C. ■ Griffith. It K. Pruitt, E R Reason and Her. A new theater Is to ba ere Cousin ell »lry Company, of o. k $4,000. I 'ouslns, Mrs. ‘arrell. Jr.