The Jeffersonian. (Atlanta, Ga.) 1907-1917, December 12, 1907, Page PAGE FIVE, Image 5

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of this policy, and in his inaugural address strongly urged the party platform as a/guide in all matters of pending legislation, yet these were swept aside, and a legislature almost unanimously chosen as Democratic enacted prohibition by the largest majority ever given by any body of state law-makers for such a measure I Great indeed is the power of public sentiment when it could thus influ ence a Democratic legislature to en act so important a law in direct con flict with the party platform. The Constitution concludes its remark ably candid editorial as follows: “And the people of the state have thrown political creed and party or ganization to the winds and written Gate’ before the one-time Georgia Democracy. “There are certain things the peo ple want and mean to have. They have begun to have them in the states; they have begun to have them in the nation. In the accomplish ment of these objects, party creed and party organization will be abandoned the moment they get in the way. “Under whatever banner the peo ple may align themselves they will ultimately demonstrate, as they have begun to do, that regardless of the views of leaders, regardless of party lines and platforms and creeds, their voice and will are, at last, supreme.” —Patriot Phalanx. There is probably no one form of pastime or enjoyment that can con tribute more real enjoyment to the home life than music in vocal or in strumental form. It is true that in neither line may musical education be developed so one would become ex pert or care to appear in public, but if the members of the family who possess any ear for music will do the best they can very satisfactory re sults can be secured. There is a . wealth of instrumental music as well as numerous old and much loved hymns and popular melodies, the sing ing of which will add materially to the harmony and happiness of the family life. HARD TIMES AND CLEARING HOUSE CERTIFICATES. (Continued from Page One.) al and business institutions will no longer be embarrassed for want of a substance that is heavier and more cumbersome than lead, and in itself not nearly so useful. STANLEY BOYKIN. Denver, Colo., Nov. 21, 1907. Hon. Thos. E. Watson: Your editorial, “An Appeal to the President,” sounds like a bugle call. The government alone should give us more money and it should be a full legal tender paper. I think, how ever, that you place the amount of the issue far too low. Eight hundred millions would be only a drop in the bucket. We should have ten billions at least added to our present volume. The banks hold more than 12 billions of “deposits” with perhaps less than one-half billion of currency availa ble to satisfy the demands of their depositors. In this one item alone we see the need for more than five times the of money now in the nation. And the banks to be able to meet the concert ed demand. of all their depositors WATSON’S WEEKLY JEFFERSONIAN. would need 26 times the amount now in their possession. We, as a nation, should have enough money so that the accumulat ed wealth could be represented by real money, and besides this vast volume in which we conserve our wealth, we should have still an addi tional volume of money for exchange purposes. To show what an enormous volume can be absorbed by a nation I want to cite the case of New Zealand. The government there loaned 25 millions to the farmers at a low rate of in terest. This money was obtained from outside the nation and was therefore a clear addition to the vol ume they then had. It did not undu ly affect prices but produced the greatest prosperity in the island. If the United States would give to its people the same ratio of increase per capita it would add 6 billions to our volume, and we could no doubt util ize that amount far more readily than the New Zealanders did the 25 millions provided by their govern ment. I am convinced that our own money shortage is far greater than ever dreamed of by most money reform ers. If the people want to hold their own money for safe keeping it is their right to do so; and we should have such a volume that hoarding ■would not destroy our banking sys tem as it has in this crisis. The government has poured 200 millions into the banks to save them and it now proposes to borrow 150 millions more to pour into the same rathole. And the people will have the interest to pay and may never get a dollar of this money back from the banks. Such stupendous folly was never heard of before. The gov ernment has power to make mon ey—full legal tender currency—and yet refuses to exercise that power. The great thinkers of the nation have all along been calling our at tention to our money shortage, but no heed has been given to them. The banks have been clamoring for “as set currency” to supply the short age but Congress turned a deaf ear to their cry; and, bad as the scheme is, it would no doubt have tided us over the present panic. A shortage of money has been the cause of a shortage of railway cars. A shortage of cars has prevented the railroads from making the dividends necessary to float their watered stocks; and so the slump in stocks came. This destroyed the collateral necessary to sustain bank credits. Bank credit being curtailed and with drawn caused the shortage in curren cy volume; and our exceeding pros perity made it possible for the peo ple to retain in their possession a large percentage of the real money, or currency, and this made the mon ey shortage still more acute, so you see that our prosperity made the whole matter worse. All of our trou ble can be traced to the inadequacy of our money volume. RICHARD WOLFE. FIFTEEN BATTLESHIPS AT REN DEZVOUS. Norfolk, Va., Dec. B.—Three bat tleships were added today to the num ber already assembled in Haihpton Roads by the arrival of the Kansas, Rhode Island and Connecticut, mak ing a total of fifteen ships of the fleet at the rendezvous. The social functions of the day of mobilization and review by President Roosevelt will be a naval ball given in honor of Admiral Evans’ staff and officers of the fleet at Old Point Comfort. Today thousands visited the roads to get a glimpse of the big vessels at anchor, and incoming trains were loaded with visitors. It is ex pected that on the 16th the crowd in attendance will be the largest in the history of Norfolk. Rear Admiral Robley D. Evans and party left Washington today for Old Point Comfort, where they will stay preparatory to the departure of the battleship fleet on its cruise to the Pacific ocean on December 16. Ac companying Admiral Evans were his chief of staff, Captain Ingersoll, and naval aide, Commander Chandler; Mrs. Evans, the admiral’s daughter, Mrs. Marsh and Mrs. F. P. Evans, wife of the admiral’s son. —Constitu- tion. The Dixie Business College THE SCHOOL FOR THOROUGHNESS Only Thorough Course in Office Routine and Touch Typewriting offered in the Southeastern States. Most Comprehensive, up-to-date Book keeping, Shorthand, Typewriting, Banging and Penmanship Courses in Atlanta Write for Cat alog and Special Summer Rates. H. L. BRIDGES & BERNARD C. ANSTED, Proprietors. I National I Union Farmer | HOMER L. HIGGS, Editor ar.d Proprietor X GREENFIELD, TENNESSEE | (J A Farmers Union pa- | per strictly, lias the f unanimous support ? ° of the officials of the 7 Tennessee Fanners ° Union. Circulation i 1 * growing rapidly.... ? t» Y o —— . ■■ Sample Copies Sent Upon Application J O ? REAL ESTATE Frank C. Davis Company, 325 Empire Building, Atlanta, Ga. We sell farms all over Georgia. If you are in the market, it will be to your Interest to see us. Our long ex perience in the business, puts us in touch with a great many people in search of homes. If you have a place for sale, we can find a buyer, If the price is reasonable. 6 miles from good railroad town, flue neighborhood, 170 acres good land, good improvements, 60 acres bottoms, don’t overflow. Now rented for $450; S2O per acre. 1-2 mile from Decatur, Ga., on one of the best streets, 9-room house and 10 acres of fine land, front beautifully shaded with large oaks, good out build ings, fruit, garden and pasture; $6,000 will buy this and it is a great bargain. If you want it see us at once. “We sell farms” Let us knew your wants. FOR SALE Fine registered Bull, three years old. ■ Also some heifer yearlings and salves. J. G. B. ERWIN, SR., Fairmount, Ga. The Home Monthly 25 cents per year. 25 cents per year. A large magazine of from 16 to 24 pages one whole year for only 25 cents. Full of bright, snappy stories, humorous stories, poems, good de partments, etc., by well known au thors, you are missing a treat if you fall to get this magazine. All the lat est writings of Jack Dunaway, as well as other famous writers. ADVERTISERS Our circulation is 50,000 and the rates are only $1 per inch. The Best Medium Yet Be sure and subscribe today, or take an ad. and you get a year’s sub scription free. Address HOME MONTHLY Dothan, Texas H you have it, or 111 J know of a sufferer, Isl OIJkE W ) vrite f°r particu- A J ars of our valu able remedy, which is guaranteed. Eagle Remedy Co. 303 Kiser Bldg. ATLANTA, GA. lOc a Year I THE DIXIE HOME MAGAZINE, largest, brightest and finest ILLUSTRATED MAGAZINE in the world for 10c a year, to in troduce it ONLY. It is bright and up-to-date. Tells all about South ern Home Life. It is full of fine engravings of grand scenery, build ings and famous people. Send at once. 10c a year post paid any where in the United States, Can ada and Mexico. 6 years 50c, or clubs of six names 50c, 12 for sl. Send us a club. Money back if not delighted. Stamps taken. Cut this out. Send today. THE DIXIE HOME, No. J 1, Birmingham, Al abama. To Our Subscribers (1) To each of you who renews will be sent DIXIELAND Magazine at $1.50 for the two—viz., The Weekly Jefferso nian and Dixieland. (2) The Cosmopolitan Magazine will be sent with the Jeffersonian Weekly for $1.75 for the two. (3) The Review of Reviews (regular price $3.00), Success Magazine (reg ular price $1.00) and the Weekly Jes. fersonlan ($1.00) will be sent TO NEW SUBSCRIBERS, AS WELL AS TO RENEWING SUBSCRIBERS for $3.25. (4) Watson’s Jeffersonian Magazine' will be sent with Weekly Jeffersonian and Dixieland for $2.50. This applies to Renewals. (5) Watson's Jeffersonian Magazine, the Weekly Jeffersonian, and The Re view of Reviews, all three, for $3.50. This applies to renewals. (6) The Cosmopolitan and the two Jeffersonians for $2.75. This applies to renewals. (7) Th© Standard FOUNTAIN PEN vouched for by the perfectly reliable Union Library Association, of New York, will be sent as a Premium to any one who sends us four New Sub scribers at the regular price of SI.OO each. Throe new Subs, to the Magaatae will entitle yon to toe ae-w>a PAGE FIVE