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THE ATLANTA GEORGLAN.
MONDAY. JfT.Y 3«. lMi
1
-nn apn
The Atlanta Georgian.
JOHN TEMPLE GRAVES, Editor.
F. L. SEELY, President.
Telephone
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Published Every Afternoon
Except Sunday by
THE GEORGIAN CO.
zt 25 W. Alabama Street,
Atlanta; G*. j
matttr April 2S,
act Of COOffTMl
—JT
Catered as aecond-clois
Atlanta. Ga.. aodf
IOC, at the Poatofflea at
of March S. l>7f.
A man may well bring a horze to the water.
But he cannot make him drink without he will.
—Haywood.
Let tjje Southern Cotton Executive
Committee Be Judge.
We take It for granted that the Investigation coni'
mlttee called br Mr. Harvle Jordan to examine tbe sus
picions against bis administration can scarcely satisfy
Mr. Jordan himself, and we are perfectly confident that
It will not begin to satisfy the great body of tbe cotton
association and tbe vast number of people who are Inter
ested in the affairs of the organization.
Whatever position we have taken In this matter has
been based upon the conception that the Southern'Cot
ton Association Is In every sense tbe greatest and most
Important organization In the South. There Is no other
organized tfody In these Gulf and Southeastern states
that compares In Importance or In meaning with the
Southern Cotton Association, or carries with It so much
of the prosperity and development of the South.
Farmers' associations have been formed for these
many years past In these Southern states and have all
been Inaugurated with noble alms and lofty purposes,
looking to wholesome development and fair prices for
the products of the firm. Most of these organizations
In time past have fallen to pieces through politics,
through corruption, or through tbe graft and Incompe
tency of their leaders.
It would be fijtal beyond measure If this great body
of cotton growers and agricultural men should share the
fate of previous organizations. To avoid this catas
trophe It Is eminently necessary that the lives of the of
ficials of the associations and the executive heads of the
organizations should be absolutely free from any culpa
ble or dangerous connection, and as absolutely frse from
even tbe suspicion of wrong-doing or of evil associations.
It was for these reasons and for these reasons atone
that The Georgian has led the fight for a thorough, fear
less, and sincere Investigation Into tbe reflections which
havo been urged upon certain officers of the cotton as
sociation.
Feeling that Mr. Harvle Jordan's administration was
under investigation, and that that administration must
be llko Caesar's wife, "above suspicion," we felt suro
that the first Impulse which should havo moved Mr. Jor
dan would have been to provldo tho largest, tho com-
pletest and tbe most satisfactory court of Inquiry which
could be secured to pass upon these affairs. We cannot
see-how Mr. Jordan or Mr. Cheatham could be satisfied
for a moment, or expect the public to be satisfied with
a committee selected aa this has been. We do not think
It ethical or proper for Mr. Jordan or for Mr. Cheatham,
who are both officers, not of the Georgia association, but
of the entire Southern association, to throw the respon
sibility of their trial upon two members of the Georgia
association, however excellent and clean are these mem
bers.
We submit not only to Mr. Harvle Jordan, but to the
general Intelligence of the farmers and cotton growers
of the South, that the most natural and reasonable court
of Inquiry that could have beqn summoned to pass upon
these Issues would have been the general executive com
mittee of the Southern Cotton Association. This would
have brought Into the court, men Impartial, men remov
ed from Mr. Jordan and his administration, men whose
verdict could not be by any stretch of suspicion, view
ed as an Interested verdict, and men, more especially,
who were entitled to hear and to pass upon these
charges which affected their Interests and tbe general
association of which they were the guardians.
What right has Georgia alone to try an officer of tho
entire Southern association? What right has a general
officer of the association in summoning a court and a
Jury, to omit from that court and Jury those who had
an equal right to participate?
We did not attach, and we do not think that the pub
lic will attach, any degree of Importance to the court
of Inquiry called for session on Monday morning.
We are thoroughly convinced that If President Jor
dan, of the Southern association, and President Johnson,
of the state association, and Committeeman Peek vlll
lay their heads together, they will promptly adjouru this
small court of Inquiry and refer this question to the gen
eral executive committee of the Southern Cotton Asso
ciation, which can be called together by tbe president
to meet, and to hear the evidence upon every side which
touches the charges against tbe present administration.
This Is what can be done and It Is what by all means
should be done.
“Mike O’Grady’s” Confession.
Notwithstanding the statement of the Hon
Richard Cheatham, made through The Constitu
tion a few davs ago. that he knew nothing of the
“Mike O’Gradv” in whose name some officer of
the cotton association' was suspected of having
traded in cotton through a brokerage firm. “3Iike
O’Gradv” turns ui> in tho flesh, and confesses that
he placed monev in the hands of Richard Cheat
ham. secretary of the Southern Cotton Association,
and authorized him to speculate for him on his
fCheatham’s) own judgment.
The confessioh scarcely needs comment.
*The fact is established at last that Richard
Cheatham, secretary of the Southern Cotton Asso
ciation. has been using the advantage given him
bv his position, to speculate in cotton futures, even
though for the beneficial interest of his friend
Mike O’Gradv.”
. If Mr. Cheatham wishes to anticipate the
judgment of the members of the Southern Cotton
Association, in whose interest he has been waging
warfare against gambling with one hand while he
himself was playing the market with the other
hand, be will resign at once.
. The reader wilt understand that the officers of the
Southern Cotton Association, through their reports and
correspondence, have the whole cotton situation of the
country at their Unger tips. If, then, there could be add
ed to this great equipment the facilities of a modern
bucket shop, the opportunities for making money would
have been superb, magnificent, charming.
The temptation was Indeed great. Let us trust and
believe that the future will develop the fact that the
Honorable Harvle Jordan and the equally Honorable
Richard Cheatham, did not yield to this temptation! and
that the Honorable A. »A. Fairchild was not really a
scapegoat, but was. In point of fact, and beyond his own
confession, the only sinner In this transaction.
The columns of today’s paper will Indicate that
many thoughtful newspapers and periodicals throughout
the state and throughout the South Indorse The Geor
gian's demand for an InveaUgatton into the charges
which affect the official life of the Southern Cotton
Association. The Savannah Press, The Albany Herald,
The Mobile Register, all • published In tbe great cotton
centers of the country, are among the number of news
papers calling for an Investigation. The Cotton Trade
Journal, of Savannah, one of tfle best reputed and most
respected cotton and trade Journals of the South, pub
lished in tbe great port of Southern shipments, has com
ments to make which are exceedingly Interesting as In
dicative of public opinion, and should be Instructive and
enlightening to Harvle Jordan In the present emergency.
The New Mr. Rockefeller.
It Is a new Mr. Rockefeller who has come home from
France to meditate among bis millions.
It Is a case of "bless thee. Bottom, thou art trans
lated,” when the New York newspapers refer to him
'as Jolly John D.,'' and In other terms of kittenish en
dearment
But the fact seems to be that, his liver Is working
exceedingly well and he Is bubbling over with good bn
mor. He was the most popular man on board the steam'
er Ip which he returned to the United States. He met
the newspaper men at the dock with a hearty hand'
shake and dpened up freely when they wanted to Inter
view him. He even Invited them to come out to his
country place and play golf with him.
He was a new and a better John. ‘
It Is a great pity that he didn't see the error of his
way long ago. He would not have been pictured so often
as a sort of ogre, and he would not have Incurred the
odium of shutting himself up in his hermit estate,
snarling at bis fellow man.
Another sign of Improvement Is that he has author
ized his attorney to accept service for him In the case
soon to be tried In Ohio against tho Standard Oil Com-
pany. He places himself In a much more dignified post
tlon than by attempting to dodge tbe process server for
an Indefinite time, as some of his associates have done.
There Is no reason why the Standard OH Company
should not come Into court and oxplaln why It has.done
certain things which, to put It mildly, look vary much
like a conspiracy In restraint of trade. There Is no rea
son why Mr. Rockefeller himself should not come into
court and tell what he knows about It
But It Is this change of heart which Interests the
people particularly at this time. The sun and the good,
warm air of France seem to have done the work for him.
He has shown that his fellow millionaire, Mr. Sage, was
wrong—radically wrong—and that a vacation Is a good
thing for any man. It has given him a saner and
healthier view of life and he must feel like a very dif
ferent creature. *
His conduct In the future, and particularly In the
trial which will soon take place at Findlay, Ohio, will
be watched with considerable Interest.
What If he should loosen up and tell all he knows?
It Is nothing less than Just to day that the refusal
of Hon. John D. Walker, of Sparta, Oa., to serve upon
tho Investigation Ommlttee, did not contain any sug
gestion of a lack of confidence or regard for Mr. Jordan.
Mr. Walker declined becauso of pressing engagements
elsewhere, and there was no moaning to his refusal be
yond tho one which he assigned. However, our congrat
ulations to him upon getting out of It were based upon
our own view of the situation and not on Mr. Walker’s,
which we did not know. Mr. Walker Is clean, capable
and above suspicion, and we feel sure that however little
he may have been willing to shirk the responsibility,
from our own point of view he Is fortunate In not being
able to serve as a member of this committee.
Tallulah Falls a State Park.
Nothing Is more apparent than that Georgians are
attending strictly to the material upbuilding of Georgia
and not at all to the beautifying of any part of tbe com'
monwealth and the enhancement of the pleasure of She
people.
Prosperity makes mankind desire other pleasures
and other recreation, and there Is nothing which would
add more to the Innocent pleasures and commendable
pride of Georgia than the ownership by the state of an
Immense park of mountain landscape at Tallulah Falls
with the great cataract set as a gem In Its center. Geor
gia Is able to purchase, Improve and beautify this natural
ly beautiful and romantic section. It could be used for
encampments of our soldiers both state and national—
an Ideal training camp In time of war; for vast gather
ings of the people and for Chautauqua purposes. It
would In time of peace become the favorite Mecca for
the pleasure seeker, tbe tired American worn down with
hard Work and threatened, with nervous prostration and
also for tbe convalescents; a pleasant resort and sana
torium for all ciasses and peoples. A chain of hotels
would dot the greenssrard; happy children play under
the trees and drink In the Invigorating ozone, which
would make of them stalwart men and handsome wo
men. That Georgia had such a playground would at
tract visitors from other lands, and these visitors might
become clttyens, colonists with money to pay toy lands
and houses In our favored clime. All Americans glory
In the possession of Yellowstone park and speak with
pride of Niagara Falls, especially when their feet press
foreign soil.
Virginia has Its Otter Peaks and Natural Bridge;
Oklahoma Its Wichita mountains; Kentucky its Mam
moth cave. California Its Yosemtte. Georgia should
preserve the falls of Tallulah aa a monument to Its sen
timent of the beautiful' and grand!
The following description of Tallulah Falls, taken
from "Our Native Land," Is generally regarded as one of
the most exquisite eYer written;
Nowhere In Georgia can there be seen such a nov
elty of mountain scenery aa Tallulah chasm, In the
northeastern part of the state. This Cherokee name
means the terrible, and was originally applied to the
river on account of Its magnificent falls. It runs through
a mountain land, and Is narrow, deep, clear, cold and
subject to every variety of mood. During the first half
of its career It winds among tbe hills In uneasy Joy, and
then, for several miles, it wears a placid appearance and
you scarcely hear the murmur of tbe waters. Soon tiring
of this peaceful course, however, It narrows itself tor
pproachlng contest, and runs through a chasm whose 'dwelt among the rocks and under wyter falls; that they
walls, aliout two miles In length, are for the most part 'were the enemies of the Cherokee nation; and they knew
perpendicular. After making five distinct leaps, as the : that these little folk had decoyed the missing hunters
chasm deepens. It settles Into turbulent and angry mood, to death in tho waters of Tallulah. In view of this le-
and so continues until It leaves the gorge and regains i gend, It Is worthy of remark, that the Cherokees, he-.
Its wonted character. The total fall of water, within the fore departing for the west, always avoided the falls
two miles mentioned, has been estimated at 100 feet, and of Tallulah, and were never found hunting or fishing In
the several falls havo been named Ladore. Tempesta, ; their vicinity.
Oceana, Hurricane and Bridal VelL At these points the i
stream Is exceedingly winding, and the granite cliffs on
either side vary In height from 000 to 900 feet, whllo
the mountains which hack the cliffs reach an elevation
of 1.600 feet. Many of the pools are very large and deep,
and the walls and rocks are everywhere covered with
the moat luxuriant mosses. The vegetation of tbe whole
chasm Is In truth particularly rich and varied; for you
may find here not only tho pine, but specimens of every
variety of the more tendfer trees, together with lichens
and vines, and flowers, which would keep,a botanist em
ployed for half a century. Only four paths have been
discovered leading to the margin of the water, and to
make either one of these descents requires much of tbe
nerve and courago of the sapphire gatherer. Through
this Immense gorge a strong wind Is ever blowing, and
the sun never falls upon tbe cataracts without forming
boautlful rainbows, which contrast strangely with the
surrounding gloom and horror, and the roar of tho water
falls, perpetually ascending to the sky, comes to the be
holder with a voice'that bids him wonder and admire
With regard to tbe more striking feature of the
chasm next to the falls may be mentioned the Devil's
Pulpit, the Devil's Dwelling, tho Eagle's Nest, tho
Deer Leap, Hawthorne's Pool and Hank's Sliding Place,
whose several names convey an Idea of their character
istics or associations.
After emerging from Its magnificent chasm, the Tal
lulah river runs quletly-tbrough a beautiful vale, which
Is bo completely hemmed In wl|h hills as to be quite inac-
ceaslMa to • vehicle of any description. In this narrow
valley stands a solitary cabin, which though now desert-
od and forlorn, was once the happy home of Adam Van
diver. the hunter of Tallulah. In politics, which he de-
splsed. ho went for men, not principles, and from the
time that ho fought under General Jackson In tho Creek
war until bln death, he continued to vote for him for
president at every subsequent election.
Many generations ago, according to. the Cherokees,
It so happened that several famous hunters, who had
wandered toward the Savannah river, never returned.
The fears of the nation were excited, and they sent a
delegation or medicine men to find, tho hunters. When
they returned, they reported that they had dis
covered n dreadful chasm In a' strange part of
tho country. They said It was a very wild
place, Inhabited by a race of little people, who
TALLULAH FALLS FOR A PARK.
To the Editor of The Georgian:
Aware that The Georgian takes the lead in advocat
ing those things which tend to tbe welfare, the pride
and the pleasure of Georgians. I n;a> !»■ pardoned for
directing attention to a subject In which the people of
the dear old commonwealth are greatly Interested. 1. e.,
the permanent establishment of ample recreation space
at Tallulah Falls for the enjoyment of present and future
generations. That this Niagara of the South- should be
developed and utilized for mere money making and that
tho hills and dells should be occupied—by a population
devoted to earning n scant subsistence ns mill opera
tives, grates harshly upon the finer sensibilities of a large
perreningi- of the liihal-ltupts .if th" state. That It shall
be used bv the Empire State ef the South as a pleasure
ground for Its people has taken shape by the appoint
ment of a committee to acquire It by the senate and
house at the session of 1905. The patriotic chairman
of the combined committee Is thoroughly Imbued with
the spirit of preserving unimpaired all the grand scenery
and great water falls for tbo dellcht of the sons and
daughters of Georgia. Yet efforts are afloat to establish
electric power plants and pulp mills at Tallulah Falls.
That roaring Tempesta. raging Hurricane, seething
Oceana and the milder Bridal Veil shall be harnesBed
to turn the wheels ef manufactories, muffling their loud
voices and hiding their grandeur forever; that the grand
chasm shall become a stagnant lake, and the rugged
handiwork bf Nature when at her best shall bo obliter
ated that a few capitalists may add moro millions to their
riches, is vandalism pure and simple. Georgia will not
stqpd for it.
But before the committee acts some one of the many
Individuals and corporations who havo an eye only to
their malarial advantage, may acquire possession of the
property and thus render the acquirement by the state
more difflciflt or perhaps Impossible. I am reliably
Informed, howevor, that If the committee Is ready to act,
that conditions are such that the state may acquire cer
tain portions of the falls and lands which would give it
the key to the posltjon and preclude the development of
tho water power for* manufacturing purposes. Quick ac
tion Is necessary, however, nnd cannot bo urged too earn
estly by press and people. RABUN.
SOUTHERN PAPERS DEMAND
A THOROUGH INVESTIGATION
8pseulating Officials.
From The Memphis Commercial-Appeal
News dispatches state that It hae
been charged upon the floor of the
Georgia legislature that certain officers
of t|ie Southern Cotton Association are
stockholders and sharers In the profits
of a large brokerage firm, chiefly en
gaged in the handling of cotton futures.
This In Itself fs not an offense per se,
but In view of the fact that the asso
ciation has been most active In efforts
to suppress all forms of future con
tract trading In cotton the thing. If
true. Is most culpable. Immediately
upon hearing that such charges had
been made. President Harvle Jordan
appointed a committee of three from
among the officers of the association
to make an Investigation and report on
the matter.
The cotton growers should unite In
demands for the strictest Integrity of
conduct by their officers, who are paid
and supported by a tax levied upon the
products of the tollers. The associa
tion's members are more than stock
holders In an Institution; thsy are In
effect citizens of an economic body, a
body entrusted with their financial wel
fare. The demand Is for men of probi
ty and Intelligence to guide It.
The charges may not be sustained,
but It behooves the association at all
times to look clossly after Its own and
to punish with severity malfeasance In
office, should there be such, conse
quently President Jordan's aot provid
ing an Investigation cannot be too
highly commended.
The association has been a power In
the cotton market at times since Rs
organisation. That power cannot be
maintained If the suspicion gains cur
rency that those In command are us
ing the wide Influence of the organ
ised growers for selfish and speculative
purposes. There should be absolute di
vorcement of the personal Interests of
officers and the conduct of Its public
policy. ,
Standing In With Buokst Shops.
From The Savannah Press.
We trust that the Investigation or
dered by Mr. Harvle Jordan will be
thorough. If any official connected
with the Southern Cotton Association
has been Interested In bucket shops or
has been engaged In speculating In fu
tures the facts should be known. No
one believes that Mr. Jordan himself
has been Implicated, but there were
rumors associating some one In his
office with this kind of practice. Now
this Is the very thing for which the
Southern cotton growers have been
exposing the. statistical bureau In
Washington. Such a thing Is Intolera
ble and should not be covered up by
technlcallty. We see it stated that the
association has no power to send for
witnesses or to administer oaths. This
would create a bad Impression. One
man has already acknowledged that he
owned an eighth Interest In a bucket
shop, but says that he has let it go.
Another man answers that alt charges
that he was speculating In cotton fu
tures was "hearsay.”
The whole thing came out during
Mr. Anderson's speech against Mr.
Boykin's futures bill. A cotton Jour
nal, said to be tbe organ of the Cotton
Orowers' Association, vigorously sup
ported the Boykin bill and viciously
attacked the opponents of that bill. It
was then that Mr. Anderson was sup
plied with Information which he used
on the floor of the house that certain
partlee connected with the asaoctatlon
were said to be speculating In futures
under an assumed name, and that one
of them waa actually Interested In a
bucket shop. Just how far the facts
will sustain the chargee will be proven
In the hearing If a full and free hear
ing Is had. Mr. Anderson claims to
have the documents and says he will
be able to ahow that some of the men
who have lined up so strongly for the
Boykin bill were living In glass houses
Trade Journal “Not Surprised.”
From Savannah Cotton Trade Journal.
We are not entirely surprised that
attention has been attracted to the con
duct of officers of the Southern Cotton
Asaoctatlon. The Cotton Trade Journal
railed attention to a number of things
done on the part of President Jordan
hlmactf. Which were tending to Impair
his usefulness aa the association’s ex
ecutive. notwithstanding they Involved
nothing more than getting Into com
pany with hta official name where he
did not properly belong. It was not
thought wise for him to become the
tool of promoters of this end that con
cern, In New Ydkk as wall as the South,
aa director or otherwise, and then per
mitting the parading of the associa
tion's head as an Indorsement for pat
ronage among Its members. Unsolicit
ed letters of approval of The Journal's
position which came from all over the
cotton belt was a sufficient assurance
that the people were opposed to such
alliances on the part of their president.
When the association'! officers wish
to embark.In enterprises that may In
volve a withdrawal of confidence In
their fidelity to their trust, they should
be able to eee what Is ahead for them,
and acting for Its welfare, retire In
“Will Have a Time Explaining.”
From The Mobile Register.
The Southern Cotton Association of
ficers will have a time explaining Sec
retary Cheatham's connection with the
Piedmont Brokerage Company, a buck
et shop of Atlanta. Cheatham haa
been-systematically bulling the market
for a year or more, persuading planters
to hold their cotton for a price that
was never realized. Meantime, so says
a stockholder In the bucket shop, he
has been giving tips on the market,
making money on the side. These are
the same men who propose to Southern
people to put up several millions of dol
lars to make paper out of cotton stalks
—a new way to manufacture sunshine
from cucumbers.
THE MULBERRY SELLERS
• OF THE COTTON FIELDS
Is the Cotton Stalk Products Company,
headed by the Hon.* Barrie Jordan, and
heralded throughout tho South during tbe
past few Weeks, calculated to decelva tbe
unwary and Inrelsla the farmer! of tho
South Into taking stock In a visionary and
Impracticable scheme?
The Chattanoogn Tradesman has taken
up the matter, and sonnds a note of alarm.
In the issne of July 16, The Tradesman
soys:
The character of Colonel Mulberry Bell-
era. so graphically depleted In Mark
Twain's I took, 'The Glided Age," wee taken
from reel life and haa Iti counterpart In
many persona of tbe present day.
It Is the rallying cry of Wall street In
every new enterprise that Is lsn
that rea'
millions
. »w enterprise that Is Itnnched In
thnt realm of glided allurement!: 'There's
la lt,in<r
and almoat everywhere else,
Slid In behalf of every conceivable scheme,
no matter bow visionary. It Is the same old
song of Msrk Twain's hero, 'There's mil-
11 • 111 *a In ItV' s
to tbe Ilenlsens of dtrkeat Africa to treat
the afflicted there at $1 per eye. He ex
plained that there were a million of them
who had sore eyes, and that would he a
million dollars, bat as these had two eyes
enrh It would donbls this sum, lihd so
,v. There's tnilllUIIN IU II.
Hut bIihv Colonel Helton’ day, other*
have exploited various acbemet, on paper,
that were equally aa clear, and they all
claimed by a similar process of reaoontnff,
•’There’s mllllona In It.” With one It waa
the making of paper from swamp grasses;
with another It was giant powder from
coal dust; another was going to convert
corn stalks Into cellulose ana other prod
ucts, nnd behind this there were actually
••mllllona”—In stock* of questionable value.
Still another was going to start a monkey
farm In Florida, and use these In the cot
ton fields to - displace tbe negro In pick
ing cotton, while still another was going
to corral tbe fire-files and do away with
gas or electric plants for lighting towns
and cities. In all of these, and many
tbera of similar character, the cry was:
There’s mllllona In It!” But there has ro-
ently been organised a company that for
elaborateness of exploitation and extensive-
nesa of claims lays It over all others ef-er
lie fore presented to a gullible public. Colo
nel Mulberry Heitors would turn green with
envy. If he were alive and could hear
what this company proposes to accomplish.
It la called 'The Cotton Htalk Products
Company,” and waa organised under the
laws or Maine with a capitalisation of
$16,000,000, and Its business will I* to make
paper and denatured alcohol out of cotton
It la going to achieve, as announced by !i
f remoter*: It will enhance the value of
he cotton crop $100,000,000 It will rev
olutionise (?) the handling of the cotton
crop ami aave $30,000,000; It wilt cheapen
“*■ price of paper lb and save millions
SW...C; It will klilMhe boll weevil Slid save
$76,000,000 to the farmers that la now lost
by that peat OT?).
It will grow the material for the paper
mllls-and these will lw established every
5 miles through the cotton belt—at the back
doors of these mills, and this will save lt«
transportation, I>es1des putting out of busi
ness the 760 paper mills no*p In operation,
ami transfer tnelr annual Income of $200,000.-
000 to the Hotith!!! It will save the forests
of the northwest, now being denuded for
"r*i announcements state that there are
19,000,000 tons of cotton talks produced with
mule team, driver and hands to load and
unload with a delivery of say. I mile* to
the nearest mill, and that weuld entail an
actual loss* In cost of labor alone at that
ig t* tl—
would give 4,S*.7O0 tons of paper, about
enough to supply the dally papers In a
few of our metropolitan dttoa, ami yet this
com ' “
mill
But
aivan.. which arc to follow from tk* Opera
tlon of I hi. MkUa mtrarte-pradaring com-
pany. Thera will be S per rast of alcohol
with alcohol from the mill, of thla com
pany,* which will render good roads every
where prevalent, and the railroads will So-
like the horse, relented to non-uoe, and
the rate question will he a thing of th*
.past. Yet the crowning achievement to
result from the production of thla alcohol
In ttaeae mill, la to be the running of tor-
pedo boats with a .peed equal to the fastest
express trains of the country!.'! Mlraldle
dictu! as the .ohl professor of Latin used
to express It, and this would work a com
plete revolution In the rodstrnetlon of tor-
liedo boats, which would then settle the
qenstton forever of which wa, the strong-
eat navy In the world, since the** torpedo
Imata could clear the seal of battle ships
liefore they could get Into action or even
turn around.
The public la further Informed thnt thla
ompany promoters, the old Southern Cot-
iop Corporation and the 16-Cent Cotton
Trust all combined. It Is worthy of these
and a half dozen Colonel Mullierry Sellers
thrown In for good measure.
Of conne, such a company with inch un
limited possibilities before It has no stock
for oale! Away with such a base sugges
tion, for no sane director would permit
any portion of Its lit,000,000 of capital to
Im offered for sale at any price; hat
It may be well for the pnlillc. Including
tbe door cotton planters of the South, to
read and ponder over tbe following letter,
from two of the directors of this company,
and compare them wltb the foregoing
claims put forth on tbe authority of tbe
reliable New York Commercial nnd swallow
ed, ball, hook, line and pole, by aome of
the leading dally papers of the South:
"Birmingham. Ala., Jnne JO, 1,06.—The
Tradesman, Gkattanooga, Tenn.—Hear Sir:
In reply to yonr letter of tho »th Instant,
would slate that while I can not a, vet,
from my own knowledge, sake any stale-
meat aa to the feasibility of the manufac
ture for commercial purposes of paper, de
natured alcohol and other by-products from
cotton stalks, 1 have seen some very satis
factory samples ami bare received assur
ances from YV. YV. UlhlM and M, W. Mtra-
drn. of Philadelphia, who claim that tbeas
products can be mannfactnred from cotton
stalks at to low a cost as to make the pro-
located at some eligible point, and
that future stork offerings to the public
are to be based entirely upon the actual
results obtained by thla mill.
“While the enterprise nppeara to be an
nortant one, tbe process should Im given
thorough, practical test Imfore stock la
rt and plants established on a lore
scale. _ W. P. O. HARDING,
"Prestdeut Pint National Bank."
Birmingham, Ala., Juna 10, 1101—Tbe
Tradesman, Chattanooga, Tenn.—Dear 8lr:
I bare yonr favor of May », making In
quiry In regard to the company organised
to ntlUxe cotton xtxlkn of ihe Konfh.
"I do not know that I ran give yen
tbe Information that you desire, and,
therefore, refer you to W. W. Olbbs, Penn
sylvania building, Philadelphia, who con
trols tbe patent.
"Tbe proceu appealed to me for two rea
sons:
"First. It 1, a
coat Of paper
year by year, and that tbe price of paper
Hy Private Leased Wire.
New York, July JO.—President Roose
velt, while a member of the Reformed
church. Is no bigot In the matter of re
ligion. He attended the Presbyterian
church at Oyster Bay yesterday, the
services , being arranged • specially tor
his edification. He listened to an ap.
propriate ranrfon. and Joined heartily
In the singing.
News reached me from Hanover
Maos., that James A. Garfield, who haa
been dangeroualy III from an ditack 0 f
pneumonia, has rallied somewhat, and
now has a good chancellor recovery.
There should be an Inspiration to tht
young men of the naval academy In
their new training ship, The Olympia,
from whose bridge Dewey fought the
battle of Manila Bay, and demonstrated
to the world that the American navy.
In a generation of peace! had lost none
of the efficiency from the time Paul
Jones made It The moat effective fight
ing machine which aallx the aeax. Tht
famous ship Is to be used for the gen
eral Instruction of future Deweys,
Schleys and Sjmpaona.
The Lord's day observance cbmmlt-
tee of the Massachusetts legislature
sent to Coney Inland to glean Ideas for
some new blue laws, sat In Magistrate
Voorhles' court thla morning to ace
what fish were caught Jn the legal net
of the resort yesterday.
They had done the whole Island tht
<Jny before and found the fun so Inno
cent and wholesome that they de
clared they would frame a very mod-
erste law when they got home. Noth
ing happened In the police cotirt today
to change the Impreoalon their Sun
day's Jaunt had made.
GEORGIANS IN GOTHAM.
By Private Leased Wire.
New York, July JO.—Here are some
of the visitors In New York today:
ATLANTA—T. Abbott, C. B. Bed-
well, A. Blustenthal, H. S. Cole, A. Dias,
Jr„ M. W. Gray, F. P. Hayes, A. O.
Morris, YV. R. Norris, F. YV. Patterson,
C. P. Phillips, YV. H. Roaer, T. J. YVex-
ley, C. Blosser, E. J. Dickey, F. M.
Kaufman. .
AUGUSTA—Mies A. L. Branch. '
MACON—R. S. Krause, J. M. Min-
ter.
IN PARI8.
Special to The Georgian.
Parle, July JO.—Mr. and Mrs. David
H. Keefe, of Atlanta, Ga., registered at
the office of the European edition of
The New York Herald today.
..... nil ,
sted for a number of yean, the company
buying corn stnlka from the farmer* at
from tl to W per ton. The company
bought and worked np an enormous amount
iipany la gulag to pat all Ike other paper
la of Ibe country ont of hoMueas!!
lot thla la not all of the rraslta. by any
obtained, and this will so cheapen this nr-
tlele that Internal combustion engine, will
everywhere appear, and the bone will go
nut of hnolneoa Why. It Is told In thla
announcement that In I»l» there will bn HO.-
00* of oneh engines lu dully use!!! -
Thera engines. of course, must be supplied
• u unknown fh?t that tbs
pulp la gradually Increasing
and that the price of psper
rery burdensome to large con-
"Second. It woald be a strictly Month-
rn enterprise and one that ought to ap
es) to tbe Investors of tbe Month.
"Of courae. one can never tell what ttis
commercial value of a proposition like this
would bs until n fair trial haa lieen made
on a large scale. The experimental plant
Is claimed to hare been s greet success, hat
a grant many other conditions might arise
when manufacturing ou a largo scale. The
Intention of the company at present Is to
imlld end equip one plant, nnd If this is
sorrrafal, to fntrodnee them all over the
Mouth and utilise a product which has here
tofore been waste,) uud burdensome to dis
pose of. W. II. IIA88INGBR.
'•Vice Pretldent Republic Iron and Bteel
Company."
$2,000,000 LOST Tn” EXPERIMENTS.
The Trsdrsmsu has made some Inquiries
concerning the Marsden Company, of Phil,
adrlphla. seder the patents of which It
has lieen claimed tbs Cotton Mtnlk I'rod-
ncta Company would operate. Mo far as
has been ascertained, this company has
bud only one Plant that has lieen operated
for commercial remits, and this Is located
at Owroslmro. Ky„ sad the following tot
ter from a reliable source In that city to
Tbe Tradesmen bus tbls to my regarding
of corn stalks, but the great difficulty they
-'tertnnred was In getting suitable ma
ttery for extracting the pith from the
Ik. They spent a large anioqnt of money
lerlmcntlnp, and replaced the machinery
the mill three or four times, at a tre-
.... ndona outlay of caah.
"They Anally abandoned the machinery
entirely and bought the pith only from
the farmers, hut the writer la not familiar
Is knewn Si the American Milling Company,
and we do qot“know what disposition waa
over made of the Maraden Company. It
Is eatlmated that they apeot anywhere
from Jl.CPO.OOO to (LOW,000 In Owensboro
since the basinets was Aral started."
COTTON STALiTpRODUCTS CO.
Editorial from The Tradesman.
A few years ago, a company was organ-
lied lu Philadelphia to make eellulora ahd
other valuable products from core stalks,
nnd great claims were made by Its pro
moters aa to tbe bencAta the farmers of
the country would receive through tho
conversion of a waste product Into a aourc,
of wealth.
The epmpany was capitalised sway up
lnto'tbe mllllona of dollars, sud men prom
inent In the Arinurisl ami business world
wore nnmed as Its officers and director!.
Numerous factories were to be Immediately
erected In various portions of the corn
raising section, and to give greater weight
to tho Inunchlug of the company It was
allowed to get out that there would lie a
tremendous deninizt for the product of
these factories lor the lining or naval
vessels, through which they would be
come practically safeguarded from danger.
In that the elasticity of this material was
•nob that all boles from shot or aboil would
Immediately lie closed. , , ,
I'nder aueh announcement! nnd claim*
large blocks of Hock were marketed, and
commercial iKsllet upend np extended cor
respondence with the company for the loca
tion of factories lit their reipeetive commu
nities. hut so far ns The Tradesman bat
been ndvlsd, only one plant was ever erect-
d, nnd the atoek of the company went
to pieces, the last reported rales being si
JUe on the dollar. . „ ..
YY'hen the nullouneemrut of the Cotton
Mtalk Products Company Arst
there was no much In IT that bore •I ml
to the original corn stalk concern, that
- •- • ■ 1 — — ■ lection be-
,rltv
felt Instinctively there was n eoimectlon bf-
tween them, am! aure enough It ns the P*t'
ente and processes of the utter which the
Cotton Htslk Products Company are to see.
Ami then when s farther Isvestlgsiloo wee
Instituted by The Tradesman soeh a dll-
cretmocy was found to exist betweeu^tbii
sthtementi
the new company and one
prominent directors, as rat for..
cle found elsewhere In our columns, tost
The Tradesman, by virtue of Its long
service In reporting tbe organisation Oj
such Industries In the Mouth, felt Impelled
to souud a note of caution regarding It.
No one questions that paper con he mna*
from cotton stalka. aa It can lie from corn
•tnlka, and a great many other «AJ ,e JPf" 1 '
nets, bat when the attention of epttoz
raisers waa acemlnfly sought for the nj*
enterprise lyr the statement that the de
struction of the boll weevil would fol
low Its operations aa a certainty, this *"•
so ntterly ntisnrd that we were aurnried
to find fhoughtfal pnbllihen reproducing
It. for cotton stalks are now regularly burn
ed In the Aelda where frown, and th'*
should certainly hare more effect ton aw
destroying Ibe boll we-rll than would re
sult from, a mere re moral of them.
Then, again, great stress wan apparent
ly Is Id on what the amall fraction of de
natured nleobol. Z per rent, obtained In
process would lie able to do In the oper*
tlon of l,vr|*do I sails, when-llwra are "J*
leroas other ashetaneeo that yield l« r (*
returns of alcohol; so muck so, that i' >•
worse than nlmnnl to Imagine there could
he a revolution In torpedo liost prop” 1 ;
slon on srrnnnt of the small Zgpptf k ?*
denatured alcohol to lie obtained from tbl*
cotton stalk conversion.
These statements, together .with ®fncrs
equally extravagant mm Irrelevant. m*ni
to tmllmte that there It a stock|ob t ' n -
pc heme behind It, In which Iti chief pb”
motels ire more Interested than In say
possible beneAts to the farmers of the
Mouth. If aueh experimental results h*v*
been aecorapllshed. as one Is kal to Infer
tram the nnnoanrameots made, why do not
these gentlemen pat their own mrmey nt-'
the enterprise? Xo one will rejoice more
over their success then will The Trs'lr*
man. bat ssUI the enterprise cas ks dra-
onsirated possible and commendslly P ron .L
—v •*•*••**»«* iiiiMHiin (jihiiw BH'i runu*ni i«iv » ~
iat punt: *hto we adrtoe letting the Block acieraj
•Th« Maraden Compaaj, of Philadelphia, ** *