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16 (1046)
Survey o
SOUTHERN STATES TRADE CONGRESS.
The department of agriculture has
just finished installing an pxhihit in tho
permanent exposition of the Southern
Commercial Congress, in the Southern
building, Washington. One whole side
of the immense exhibit hall of the congress
is taken up by the exhibit, which
was set up under the direction of Prof.
P. L. Scribner, special agent of the department
of agriculture. Prof. Scribner
had charge of exhibits for the department
of agriculture at the exposition at
Jamestown, Seattle, Buenos Aires and
Turin, Italy. In the Southern Commercial
Congress exhibit are displays
from the forest service, the bureau of
plant industry, the bureau of soils, the
office of public roads and the bureau of
entomology, the whole making an instructive
and interesting sight. Some
of the exhibits were shown at the Turin
exposition. Among the most interesting
displays is a miniature good road system,
showing construction of the best highways,
and a model farm, constructed to
scale. The exposition hall of the congress
is being rapidly filled with exhibits
of the sixteen Southern States.
Exhibits have been received from the
following states: Maryland, Texas, Virginia,
North Carolina and Mississippi.
Exhibits are now being prepared for
shipment by the following states: Florida,
South Carolina, Tennessee, Arkansas
and Kentucky. One of the most attractive
exhibits in the hall was installed
by the Southern Railway, interpret
iu? luc reBoureBB or i.ne territory Traversed
"by the line. The booth is constructed
of 16 varieties of Tennessee
marble.
FNCLE SAM WILL SAVE UP.
The Senate Thursday passed the
House bill relating to land suits
brought by the government in Oregon
to regain vast tracts of public lands,
in whch the railroad company to which
they were granted failed to fulfill terms
of the grant. The bill provides that
none of the lands reverting to the
United States shall become subject to
entry. The attorney-general is given
authority to compromise suits. This
rinoa nnt onnlr VAmawas
mwww nw? " K1" J ? uvnvf ci LU CUC OUll
brought by the government involving
2.360.000 acres now pending in the district
court of Oregon, wherein the United
States is complainant and the Oregon
and California Railroad Company,
the Southern Pacific Company, Stephen
T. Gage, the Union Trust Company and
others are defendants.
SOUTHERN PROGRESS.
New Southern enterprises reported for
the last week of August in the Manufnrtlirfra*
T?Ar>/vrA dkq on fallawd Ootj!
AV?vw.v. ?.C ?? iwnv??o. * u
Matthews Liumber Company, Galnesvllle,
Ga., capitalized at $1,000,000 and
controlled by Chicago capitalists, haB
plans for developing 80,000 acres of
timber lands, building mills, etc. The
improvements will include construction
of ten-mile standard guage railway.
Great Eastern Laimher Company. Savannah,
Ga., organized In June with $1,000,000
capital stock, has plans for extensive
timber land developments, construction
of railway, erection of mills
and dry kilns, establishment of Industrial
town, etc. Philadelphia and
i nicago capitalists control this enterprise.
F. G. Blair, of Tuscaloosa, Ala.,
and associates were reported as planning
organization of $1,000,000 company
te buv and develop 4,000 acres of coal
land on Warrior River, near Tuscaloosa.
Fngllsh and Dutch capitalists ware
rumored to have purchased extensive
acreage of Kentucky coal fid timber
THE PRESBYTEBli
>f Currer
land at $5,000,000 and as intending to
develop the property. Rosemary Manufacturing
Company, Roanoke 'Rapids, N.
C., decided upon 22,000 spindles and 500
looms, equipment for additional cotton
mill recently announced as to be erected.
Municipal officials, Jacksonville,
Fla., plan to construct an extensive
system of docks and accompanying
facilities, and a special meeting of the
legislature has been called to authorize
$1,500,000 of bonds for this purpose.
Jacksonville Ferry and Land Company,
Jacksonville, Fla., has been incorporated
with $1,000,000 capital stock to improve
land for ferry and similar purposes.
National Pulp and Turpentine
Company, Green Cove Springs, Fla., was
incorporated with $200,000 capital stock
to manufacture wood pulp, turpentine,
etc. Blake Car Step Works, Charlotte,
TC C., recently Incorporated with $200,000
canital stock, tins nlnnn for enn
structlon of works; will erect 130 by
thirty-foot building and install complete
equipment for brass foundry, this being
the Initial installation. Consolidated
Gas, Electric Light and Power Company
Baltimore, Md., contemplates increasing
capitalization from $44,000,000 to $45,000,000
for improvements proposed for
electrical division. High Point Hosiery
Mills, High Point, N. C? will build 10,000
Bpindle plant to spin hosiery yarns.
Investing from $175,000 to $200,000.
Surface Hill Mining Company, Charlotte,
N. C'., was incorporated with $500,000
capital stock to develop gold property.
Norfolk and Western Railroad,
Norfolk, Va., is preparing to begin the
construction of repair shops, roundhouse,
machine shop, offices and storehouse,
to coBt about $150,000.
CAUSE AXD CURE OF HIGH COST.
Professor King, of the University of
Pennsylvania, has completed for the
board of public works an Investigation
of the high cost of living showing the
following three main causes: First?
ProfltB of middlemen. Second?Inadequate
transportation facilities between
producer and consumer. Third?Lack
of plenary powers on the part of the
state railroad commission to enforce
traffic regulations. He recommends
three remedies, as follows: First?The
development of a system of trolley
freights between city and agricultural
districts within a radius of 40 mileB.
Second?Stringent regulation of existing
markets, coupled with a development
of municipal markets. Third?Development
of trolley freight terminals
in each section of the city so that produce
may be shipped direct to the consumer.
or to the retail municipal markets.
. r
WISE PRECAUTION.
Postmaster General Hitchcock is
proving to be a valuable ally of the
great army of men and women who are
seeking to promote the great cause of
moral reform. Minors must receive no
mail through the general delivery except
on specific instruction from their
parents or guardians, was the iron-clad
instruction recently given to employes
of all local post offices. Identification
of addressees is compulsory whenever
the clerks have reason to believe thaf
correspondence they are carrying on is
clandestine or illegal. No mall will
be delivered which is addressed to
fictitious persons or firms, or to initials
only.
TO HANDLE CANADIAN CR0P8.
The resources of the banks and the
government for handling the crop of
western Canada this year will be more
than *30,000,000. The banks have en
OF THE SOOTH
it Events
larged their resources and will have
the right to circulate $143,000,000. Allowing
for the margin which It is necessary
for them to keep as a guarantee
against over issue, they can actually issue
from J 125,000,000 to $130,000,000.
The government, in the form of the new
$5.00 notes, will be able to circulate
about $42,000,000. Thus the nominal
circulation available will be about $185,000,000,
and the actual amount about
$170,000,000. The banks have changed
about one-tenth of their "legals," or
bills of large denominations, for the new
$5.00 notes in order to render the circulation
more mobile.
TO ADVISE CHINA'S PRESIDENT.
The telegram announcing the appointment
of Dr. George Ernest Morrison, the
correspondent of the Times in Pekin,
as political adviser to the President of
the Chinese republic, has been received
not only with Dleasnre In OMn? hut
with interest throughout the world.
Dr. Morrison is an Australian, having
been bom in Geelong. He was educated
at the universities in Melbourne and In
Edinburgh, and has had more than the
usual share of adventures which fall
to a single man. He was an early
pioneer in New Guinea; he walked
across Australia from the gulf of Carpentaria
to Melbourne in 1882; from
Shanghai to Rangoon in 1894; and finally
from Stretensk, in Siberia, through
Manchuria to Vladivostok in 1897, on
which occasion, it is said, he knew only
a dozen words of Chinese and his guidep
only a dozen words of English. He
wandered in the Unted States, in Siam
and Tonquin until 15 years ago he
settled down as the representtaive of
the Times in China. He was in Peking
during the years the Boxer rebellion
was brewing, and he was shut up in
the legations during the siege. His
letters from the far East have been a
source of immense information to all
readers of the Times, and how broad
his grasp of the situation is may be
gathered from the fact that he has
been chosen by the ablest of the Chinese
as his political adviser.
A QUESTION OF CASH.
Latest Indications are to the effect
that the issue between Britain and
America in the Panama Canal adjustment
Is mainly a question of financial
advantage. The letter of Sir Edward
Grey, the British Foreign Secretary, to
the Gateshead Chamber of Commerce
regarding the British government's attitude
toward the Panama Canal act, Is
regarded as an Indication that the negotiations
between the two countries
ait! w nave a nuttuciui UU.B18, me JFXjrelgn
Secretary's argument being that
British shipping is to he burdened with
an undue proportion of the charges for
Virginia Tru
RIOHMC
Capital On
Authorized by law to a
Trustee, and in all other fid
Acts as Trustee under mo
and other f'ornorations. htwI
Registrar of Stocks and Bo
Receives deposits, subject
cent, interest.
Has for sale well secured
Bonds, in which it first inve
offering to the public.
CORRESPONDE
[ September 11, 1912
the maintenance of the canal, through
the complete exemption from tolls of
American coastwise shipping. In view
of this, importance attaches to an inquiry
which now is being conducted on
the Isthmus by Professor Emery Johnson,
special commissioner of Panama
traffic and tolls. He is engaged in a
study of the financial aspect of the
enternrise. sr? that tho fnlln mo? k.
adjusted to the needs of the canal on a
strictly scientific basis, and he is expected
in Washington soon with the
data. A vast amount of data airprepared
by Professor Johnson shows
that 10 per cent, of the traffic through
the canal will be American coastwise
shipping. This would indicate that fo;eign
vessels would have to pay 10 per
cent, more tolls than they would if
American shipping were not exempted.
But it is pointed out t.iat a proportionate
share of this burden, if it exists,
would have to be borne by American
ships in the foreign trade, which would
consequently he on a precise equality
with British ships.
WANTED?A successful physician of &
years' experience wants to make a
change. Persons or places interested
will address, PHYSICIAN, care of
Presbyterian of the South.
Christian High
School
Seventh and Camp Streets
NEW ORLEANS, LA.
Eighth session, opens September 30.
Non-sectarian.
Bible and Prayer every morning.
Primary, Intermediate, Grammar, High
School Departments. Modern methods.
Firm Discipline. Rates reasonable.
STANFORD CHAMBERS, Principal,
1818 Sixth Street.
WOOD'S
Special Crass "riz
/-ii
Clover nixtures
Make the Largest Yields oi
Hay and Pasturage.
They are combined in proper proportion
to give the beat results (or the different
soils (or which they are recommended.
We use in these mixtures our Trade
Mark Brand Seeds, which are best qualities
obtainable, and tested both as to
germination and purity.
Our customers report the most satisfactory
results, both as to securing excellent
stands and largest yields of both hay
and pasturage.
Wood's Descriptive Fall Catalog
gives full information; also tell about all
other Grass and Clover Seeds, Alfalfa,
Vetches and all Farm and Garden Seeds
for fall planting.
Catalog mailed free. Write for it.
T. W. WOOD & SONS,
I C I " - ?
| jocusmen, - mcnmonQ, va.
st Company
)ND, VA.
te Million
ct as Executor, Guardian,
luciary capacities,
rtgaffes made by Railroad
! as Transfer Agent, and
nds.
to eheck, and allows 3 per
First Mortgage 6 per cent,
stq its own money before
3NCE INVITED.