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16 (R4i
Survey c
SOUTHERN BANKING FLOURISHES.
The annual report of the comptroller
of the currency shows the Southern
States In an unusually favorable light,
according to the statement prepared by
the Southern Commercial Congress,
While the average percentage of increase
in individual deposits for the
United States between June 30, 1910,
and June 7, 1911, was 4.07, the Southern
States showed 15.62 as their percentage.
rne next nearest percentage was 5.35
in the middle western States. The eastern
States Bhowed only 2.11. In deposits
banks in the Southern States
have the highest percentage of increase,
10.22. The eastern States come next
with 9.16. Comparing loans and discounts
on the dates September 1, 1911,
and December 5, 1911, all the banks in
Southern States showed gains, while
New York showed a heavy loss in loans,
in cash and in deposits. The highest percentage
of increase in loans and discounts,
6.36 per cent., was shown in the
Southern States. The middle west came
n,Tt mllh A 91 Mn.nt 1 A 1dnn
" ? *. ?i . *i J. . cm .uat v it ii| f
and October. 1911, 1,185 national banks
were organized with capital of $72,-591,500.
This was a greater number of
banks and larger capital than In any
main division of the country, except the
middle west.
XORTTIERX F WRITERS TXVADE
GEORGIA.
That within the next few years the
best of Georgia land that is now for
sale will be owned by Northern people
is the consensus of opinion among local
real estate and railroad people. There
are Indications and reports that- much
more land is to be sold in the next three
months to Northern farmers than for
any similar period in the history of
the State. There has never been a
lack of farm land on the market in
Georgia. This is due to the fact that
the State Is not settled as thicklv as It
should be. T.and in south Georgia and
In fact in manv other sections of the
State, is as good as any in the world?
the vallev of the Nile not excented. Tt
is not only the fact that farm lands are
in many instances much cheaper in
tniq territory man in tne more crowaea
aprlcnltural d'strlcts of the North that
prompts the small farmers to come
this way. hnt the matter of climate and
soil fertllltv Is even of preater importance.
They are now ralslnp one
crop, but by comlnp to Georpla and
followlnp the Instructions of the State
Aprlcultural Collepe at Athens they can
raise two and three crops. This 1s
especially true ps to food crons. The
lonp summers, mild snrlnp and fall plve
them advantapes they do not now enJoy.
om GOTD OFT^rT.
A reduction of about $45 000 In the
amount of pold produced in the United
States durlne 1011 Is shown In a preUmlnprv
estimate issued by Georpe E.
Roberts, director of the mint. The production
of eo'd was $06,233,528. and that
of silver 57.796.117 ounces. This is a
reduction of about 660.000 ounces as
compared with 1910. Among the States
and territories the principal go1*! ptol
ducers were California with $20,310,987.
Colorado w'th $19,193,860, Nevada
with $18,968,578. Alaska with $16.002?
976. In the order named T'tah, Montana.
Nevada. Colorado and Idaho led as
silver producers. At the average price
for the vear the total silver product was
worth $30,854,500. The net gain In the
country's stock of gold coin, Including
bullion |n the treasnrv. during the year
was close to $100,000,000. The production
of gold In the world In 1910 was
$454,703,900. The director also makes
a preliminary estimate of the world's
THE PRESBYTERI
>/ Curren
production In 1911 of 1466,700,000 or a
gain of about $12,000,000. The Transvaal
increased its output by about $14,000,000
and other African fields gained
$2,000,000. Australia showed a continuance
of the decline which has been go.
ing on since 1903.
THE EQUITABLE FIRE LOSS.
A revised estimate of the loss in the
fire which destroyed the building of the
Equitable Life Assurance Society in
lower Broadway is $6,000,000. The cost
of the Equitable building alone was
$5,000,000. It had been planned to tear
down this structure and erect a modern
and more commodious home office.
ine iuquiiaDie insured its own property
by a fund set aside for that purpose.
Valuable records, including the biography
of the late E. H. Harriman and
two law libraries containing 40,000
books, which cannot be replaced, were
destroyed. Hundreds of millions of
dollars worth of securities, stored in
safe deposit vaults, are safe. The Equitable
Society announces that its important
recordB are intact. The offices
of the Harriman lines were in the Equitable
building, and the recordB of these
lines were destroyed. The other concerns
in the building were the Mercantile
Trust Company, Equitable Trust
Company, the hanking house of
Kountze Bros., August Belmont & Co.,
the Mercantile Safe Deposit Company
and the Lawyers Club.
POSTAL KOTES.
In hiB annual report Assistant Postmaster
General Britt recommends a
(loi ~ P n nni. n A frx*.
iiu-l luurcaoe ui uuo tcui a puuuu iui
uewspapeis and periodicals. He also
recommends that postage stamps be Issued
to United States senators, representatives
and executive officials of the
government, instead of the congressional
frank and penalty envelope. The report
shows that 27,864 newspapers and
magazines wero admitted to second
class mail privileges. It is pointed out
that good feeling and cooperation now
exists between the department and publishers
due to the removel of many burdensome
requirements. Postage stamp3
to the number of 12,775,000,000 were sold
last year, the receipts for which amounted
to $226,469,000. More than 85,000,000
money orders, aggregating $687,715,664,
v. ere issued and paid during the
year, at a loss of less than $2,000
through errors. Recommendation is
made that authority be given to the
postmaster general to fix fees for the
issuance of domestic money orders, no
fee to be less than five cents or more
than 25 cents.
ALASKAN EMPIRE.
It is believed that Alaska within live
years will be in a fair way to support
the population of 3,000,000 farmers and
cattle raisers that the department of
agriculture says the country can support
and the territory will have within
its boundaries two or more large cities,
one smelting center about the size of
Butte, Mont., and a coal mining settlement
as large as Scranton, Pa., If the
recommendations made In the report of
Secretary Fisher and In the bills presented
by Congressman Sulzer and
other legislators should be adopted by
Congress. Secretary Fisher's proposal
for appropriations for lighthouses on
the Alaska coast, the construction of
roads and trails, the establishment of
a government coal mine with an annual
capacity of 400,000 tons for use of the
navy on the Pacific, and new banking,
compulsory education and sanitary laws,
may pass through Congress without
much opposition, but the leasing of
coal lands will meat with strong op
AN OF THE SOUTH
it Events
position. The records of the United
States geological Burvey and those of
the land office show that while there
are more than 20,000,000 acres of coal
land In Alaska the area to which patent
haB been applied for Is less than 30,000
acres and that much of this will revert
to the government because of alleged
Irregularities. The patents sought are
divided among more than 200 Individuals
and are in several different mining
fields, hundreds of miles apart. Alaskans
say that with Its resources made
available to development under proDer
laws, there Is no longer any doubt that
the Alaskan wilderness will soon he
converted Into an empire.
MANY LIVE INDIANS.
Exclusive of Alaska, the Indian popu.
lation of the United States In 1910 In
round figures was $305,000, as compared
with 243,000 in 1890 and 270,000 In 1900.
Contrary to the popular notion, says
Leslies, the Indian is increasing- His
gain In numbers, moreover, is far less
surprising than Is his growth In in.
dustry and intelligence. The 5,470
Indians residing in New York, chiefly
remnants of the old Iroquois, follow the
same pursuits as their white neighbors,
dress the same, and. save in complexion,
differ from the whites in no essential.
More than a third of all the Indians in
the United States, or 117,000, reside in
Oklahoma. Most of these are nembers
of the old five civilized tribes (Cherokees.
Creeks. Choctaws. Chickasaws and
Seminoles), each of which in the old
Indian Territory had a civil government
cf its own for two-thirds of a century,
with schools, churches, mines, factories,
mercantile houses, banks and other accessories
of the highest civilization.
votps mn wmncxr
In leply to a deputation who recently
called on Premier Asquith of the
British Parliament in opposition to
votes for women the Premier spoke dlscouraglngly
saying. "I am entirely In
agreement with you that the graut of
the parliamentary franchise to the
women of this country would be a
political mistake of a very dangerous
kind." he declared, but although saying
this, Mr. Asquith was not very hopeful
of the disaster being avoided. Lord
Curzon, Sir C. Henry and Mrs. Humphry
Ward, the principal speakers of
the deputation, not only pressed him
to take some definite step toward preventing
the extension of the franchise,
but even impressed upon him that his
own action, in committing the government
to the promise of a manhood suffrage
bill and then undertaking to accept
its extension to women, if an
amendment or that nature should be
carried lu the House of Commons,
would be even more disastrous to the
country than the passage of the conciliation
bill which he had so determinedyl
opposed. Mr. Asquith's reply was
that: he was but an individual of a
cabinet, the vast majority of which were
in favor of female suffrage, and he
advised the opponents of that measure
to organize an active resistance in opposition
to It and to educate the country
against it. If they would do this, he
thought there was more prospect of
their success than In any other way;
PARLIAMENT AND THE POPE,
me nicy Buuuuiiiy uikbu uy uie vttiican
of defining and emphasizing the
claim which Rome ha?r made, in what
SEEEfSl
x JOHW A. KALZEW
t January 17, 1912.
Is now the United Kingdom, from the
time of Henry II. may prove a weapon
of no Blight value in the hands of the
Unionists In fighting home rule In the
British Parliament. The claim that the
ecclesiastic Is not subject to lay courts,
but only to qonslstory courts, Is not a
new one, but Is one which has almost
been forgotten through desuetude. The
sudden determination to revive It has
roused extraordinary feeling In Ireland,
and the view which will be taken of It
by the EngllBh and Scottish nonconformists
remains yet to be seen. That
the Orange lodgeB and the Unionists of
the provinces outside Ulster will seize
upon It aB a new argument against home
ruie mere is no question, nor can it oe
denied, that it will be a powerful addition
to their armory. The claim that
the clergy are superior to the common
law is one so totally opposed to modern
civilization as to make it an unwise one
to assert at any time, and It would
seem that it would have been difficult
to select a more unwise one than the
moment when the question of home
rule, which every Unionist associates
with Rome rule, was becoming the predominant
political question of the moment.
The people who support home
rule have shown a tendency not to
allude to the matter at all, but it is
quite Impossible that the subject could
be kept out of sight at a moment when
such a political battle as that of home
rule Is on the eve of being fought at
Westminster.
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