The Banner-herald. (Athens, Ga.) 1923-1933, June 24, 1923, Image 16

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The Banner-herald., June 24, 1923, Image 16

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Newspaper Page TextPAGE EIGHT BB BANKER-HERALD. AthbwW. GEOKCIX SUNDAY, JUNE 84. PRICES Firestone TIRES - 30x3 Firestone Fabric $ 9.35 30x3'/C Firestone Fabric $10.45 30x3 i/£ Firestone Cord .* .. $12.50 30x3'/u Firestone Cord, Extra Size .. $13.86 32x3V[. Firestone Cord, Straight Bead $21.7% 31x4 “ Firestone Cord, Straight Bead $24.88 32x4 Firestone Cord, Straight Bead $27.59 33x4 Firestone Cord, Straight Bead $28.44 34x4 Firestone Cord, Straight Bead $29.33 32x4% Firestone Cord, Straight Bead $35.70 33x4% Firestone Cord, Straight Bead $36.46 84x4% Firestone Cord, Straight Bead $37.40 35x4% Firestone Cord, Straight Bead $38.50 36x4% Firestone Cord, Straight ^Bead $39.32* 33x5 ** Firestone Cord, Straight Bead $44.44 35x5 Firestone Cord, Straight. Bead $46.64 , OLDFIELD FABRIC CASINGS 30x3 999 Oldfield . .*. $7.80 30x3% 999 Oldfield y..$8.50 There Is No Better Tire Than the Firestone Cord At Any Price. ,CJ, no Wclborn. anil hfiwcabloef Among Speakers At Statf Convention, Held in Savannah. inKrcssman Chan. II. Brand de- Jilvereil the fulolwin* nddruH.s on th* | "Cuban Controversy'' before tli< I rjmrKia BankenT Convention In Savannah Jaat month. J The speech, as taken from The j Southern llahker, an Atlanta pub- | Mention, follows: 392 Washington St. Phone 497 lead Banner-Herald Want Ads CUBAN CQNTROVERSY Ably d : i»cuGtod by Hon. Charles H Biand, Athens Ga., Member of the Banking and Currency Commit tee of tho House of Representa tives, Washington—Flays Hard- iAg in Virile Speech. The firoposition Involved in till.* rcHoItk^on Ih a matter of Interest to every mVinber of this association as well as to the Atlanta Fedora Reserve Hank and the states com J poslnsc the Sixth district. Hesldei it touches, in a ufhso, the Intcree of all the people of the cottoi iKrowIni? stages, particularly thi man who "follows the plow and i bends over the hoe.” j Most of the people who are back- jlns the proposition of the Hostor bank to establish an axoncy a Culm are more or less callous ant* Indifferent to the farming classoi of our section of the country. Thli ! may be due largely to the fact - h.it Lthry know nothing about thel. ftroubles. One has to live here with these people, move among I them, see a«d talk with them, Ir [order to know their suffering and hardships, and particularly the stirHflees they have endured since 1920 and are now enduring. I hope a better and happler/day Is coming If ap, It vftl be largely due to t proper administration of. the system by the Federal Reserve Board In Washington. I have never fought the Federa 1 Reserve System- as a ’ member ol Congress, In or out of It, and ye’ I have arraigned tho board, prob ably ithe first member of Congrcsr to do so, for the deflation policy It adopted In 1020, which virtually destroyed tho cotton grower and most everybody else dependent* up on him. The member banks of this district are not chargeable for this. Tho Atlanta Federal Re- servo Bank didn't do It Accord ing to Information .that lma came before tho Bhnking and Currency Committee of tho House of Repre sentatives, the Sixth District Fed eral Reserve Rank has been Ad ministered more -wisely, econom! , rally, satisfactorily, and In the In terest of the membr bnksreetanlnsh tcrest of the member banks and tho people generally, than nny nth- Federal Reservo Bank In the Uglted States. I say this. much in behalf of Way this on your purse strings- KUPPENHEIMER SUMMER SUITS They are light in weight, but heavy on quality. Cool, porous fabrics, Palm Beach, Mohair, Gabardines and Worsteds. In stylish, popular models for men and young men. KuppL-nheimer tailoring ensures satisfaction. Straw Hats, Shoes, Shirts, Underwear, Bathing Suits, and Everything in the way of Wearing Apparel for Men and Boys. LEE MORRIS “THE DAYLIGHT CORNER” Corner Broad and Jackson Streets "T*"— hi hfiki } and all those 1 * charged ^mtl I responsibility or atimlnisterlhg the 1 hank's affairs. This policy origi nated at headquarters and Gover nor W. I*. O. Harding, more than nny other human being, is respon sible for it. More values w$re de stroyed by this policy, which war promulgated suddently and secretly than the calamity which followed Sherman's "March to the Sea." \fcn suicided all over this coun try on aeount of It; thousands went Into bankruptcy; men, women, and children of both races have gon< half clothed and hungry: peopk suffering from the effects ol this policy now and It will hr many years, if ever, before they master mind of the Federal Reserve Board ever Is trying to in.-inlpuate the policies of thif board. He is trying proposlton on tho Atlanta bank which Is outrageoup d to ho plain about It, I am afraid he is going to do It. ivortior Welborn and Clovcrnot Harding are both from the same both from the South and yet Oovernor’Hurdlng Is trying to take ay from the Atlanta bank the right to establish a» branch agency In Cuba and to give the noston bank this privilege. Yet, when he •was-a member of the Federal^ Re serve Board, he advocated and ex pendlture.of $400,000 for/pur pose of erecting a building In Jack sonville tr> help expedite and carry rtn the business of the Atlanta bank with Cuba. , Besides, the Atlanta bank filed application with the Federal Re serve Board to establish this agen cy two years before the Boston bank did. Everybody understood he was favorable to this proposi tion when he was n member of the board, and yet he Is persistently op posing It now when he knows thf ngertcy rightly and naturally be longs to us and not to Boston. The Cuban business belongs to the At lanta bhnk and I contend it Is un reasonable. unfair, and unjust foi Governor Hnrdlng, ns the Instru ment of tho Ponton bank, to try to take this business awny from the' Atlanta bank. , Another phase of this qtleftlon Is more Important than the estab lishment of the Cuban Annex. It raises the questlbn whether ocru; pylng the office of governor of the Federal Reserve Hank of Boston at a salary of $60,000 per annum, he will still be permitted to dlctatt tho policies of the Federal Re serve Board. The absent member no longer officially connected with the board Is reaching across thr states, with the back of his hand turned ngplnst his own people, !r his militant efforts against tho in terest of the people and the mem her honks of the system in the Sixth dlstrlt. The question arises has Governor Harding such an In fluence over the Federal Reserv* Board as t*) control its policies Whert President Harding declined to re-appoint Governor Harding member of the Federal Reservi Boai-d the country thought tha« his Influence with the board term inated. What does the Boston bank am Governor Harding mean anyway What Is* behind the curtain? Whf Is playing the game In Washlngtoi behind the scenes in Boston? Wha the Boston bank got in mind' [Do they want to manipulate the [price of tobacco In Cuba? Are they interested in tho sugar speculator? down there and the sugar profit eera here? If so. Governor Hard lng should bo reminded that’ he Ir playing with human life and comforts and necessities of men, women and little children this section of ouj country. Governor Harding shotlld forget that ho was a party to thf policy adopted in 1920, which de creased tjie price of cotton from 40c and 50c to 10c per pound, have nothing against Govcrnoi Harding personally. I hope he live a long time. But his officio’ connection with the Federal serve Board In Washington, nnd Itr affairs was ended by his failure t< be reappointed, and It ought to hr permanently ended on account of disaster visited . upon thlr country three years ago. — 1 Secretary Wallace testified be fore our enmmitte that the Federa* Reserve Board could increase thf value of the. products of the farm cr or decrease ,them when it saw fit to do so. Governor Harding ■was present when this statement was made. Mr. Wallace is a Re publican nnd a wry high clasr man. I myself asked him "Do yet mean to say that the Federal Re serve Board can, by r, certain poll ry which It might adopt, run UK the price of cotton to 40c or 50c pci pound or'run it down to Sc or 10f per pound?” and he said “Yea/. Governor Harding denied this statement vehemently. This teptl- money confirmed my conviction that the members of thb Federal Reserv* Board held the power of life nnd death over all tlfe peopje, and tor i against Governor Harding haying anything to do with the establishment of this bank In Cube having anything more to do with dictating tho policy of the Federal Reserve Board. If the board has the power to run up the* price of sugar and oth er essentials of life, of run down the price of cotton, the men who compose it ought.to have the in terest of the people of the South at heart, and particularly tho laboring men and the poor people of the na tion at large. W i 11 of Queen Stands Through Four Law Suits (By Associated Press) HONOLULU.—Litigation o T o r the will of too late yueen LUiuoka. tool, toil reigning monarch In Ha waii, wh|ch has occupied tho courts here s.nco her death In 1917, has been terminated with tho wtth- drawlr* of-the suit filed by Mrs. ' l a h a it aullakelifmoewalowalaulla Kenwo Nawlhle to - break the testament. The 30. letter name meana “Thundering Chlofess of the Sleeping Waters.” Mrs. Nawahie’s action waa the fourth that had been brought In effort to overturn the will. She contended that she was the next of kin to tl.e former queen. The first suit was filed by the lato Prince Jonah Kuhlo Kalanla- naole, former delegate to Con* gress, and was settled by compro mise. Tho second suit, filed by Mrs. Emma K. Do Fries, was dismissed. The third action, based on a will which named tho “Princesa' Ther esa Owana Wilcox Belllteau Kel ley. and two other persons as ben eficiaries. also was dismissed by the. territorial supremo court. This suit bad a sensational after- math. A .Hawaiian minister, who testified that he witnessed the sig nature of the late queen do Mic docunent, told his attorney later that ho hftdvS. .Vision or a dream, nnd confessed "that the will waa a fraud 6n the part of "Princess Thorcsa.” As the result she was convicted of.forgery and waa sen tenced to thn<r years' Imprison ment. She was released recently at tho conclusion of her term.. Mrs. Nawahlo's contest was dis missed some time ‘ago on the ground that she bad failed to provo her contontlon that ahe waa re lated to tho queen. She appealed to Jury hut after long court do- lays withdraw her suit, aha told tho court, because all of tho at torneys she consulted told her teat her case was without merit. BRITISH NORTH BORNEO MAY PRODUCE RUBBER cNow* Easier Than Ever to Own a, Play Safe! The fellow you see hung up beside the road trying to salvage a blown tire is gen erally the man who argues that one tire is as * good as. an* other and buys thecheap est. with 241 different tire, makes, you can't; speculate.' Buy known quality-! DIAMONDJTI RES. C. A. Trussell Motor. Go? Athens, Ga. - IN FOREIGN LANDS TINTED TRAVELS Sketches by L. W. Redner. Verses by Hal Cochran. Color the picture with paint or crayons uornco nas nunurcus oi tnousanus of gores suitable for tho growing of rubber, according to Sir William Uycroft, governor of that territory, who is In Mnnlla for a short visit. He sold tho Japanese have large concessions at Tnwao qn tho east coast of Borneo, where they hsvo 20,000 acres planted to rubber. —will enroll you and start you on the way to owner ship. W£ will put the money in a local bank, at in terest. Eachwedc make an additional payment. . Soon your payments plus the interest paid by the bank will make the car yours. So plan to get out into the fields and woods “•—down to the beach or stream—the family and you—in the Ford Sedan. It is ready for business or pleasure anytime you step into the driver’s seat and put your foot on the starter button. It is a car for all weather with real comfoK far everyone. And now It is within yo«>; reach. Come in today—get,full details. _ C. A. Trussell Motor Co. Thib Bank Depository for Ford Weekly Purchase Plan ' Payment. Ftu ErAlarnd lourisls visit’-pin f Of interest, neaT and far;—• V . 110766 drawn bus and railroad train And monster motor car'—- r iik.., J : V - »... You Can Buy More Wfeight— But You Won’t Find a Better Car In the Studcbaker Big-Six you get all the performance.* all the comfort, anfl ail the dependability that any car can give—at a price that smaller pro* ducers cannot even approach. The Big-Six Touring ia a seven-pas senger car with a seven-passenger throughout. It distinctiyas ndt a seven- passenger body mounted on a five- passenger chassis. * . . The Big-Six will take the steepest hills on high. It will maintain a high rate of spied over long stretches hour alter hour. No car provides more rest ful riding—none is easier to operate. None is freer from frequent repays. * Power to climb in high gear any climbable hiU Equipment is complete, even to an ex tra wheel with tire, tube and tire cover. Its low price is due to large volume ar.d to tha fact that Studcbaker over head is shared by three Inodels—all sixes. Then, too, only one manufnc- turing profit is included in the Big-Six price because all vital parts are manu factured in Studcbaker plants. ’ If you spend more than the Big-Six price you can buy more weight and bulkiness and pay more for overhead and operation, but you will not get a, better automobile. Studcbaker has been building qual ity vehicles for 71 years. •top-od-Ljl^hr. o~l Clock. TtarfJrooC u™oi. MODELS AND PRICES-/, o. b. factories ut—.. itr w. s..<o n. r. s-r*m..urw. Tim to Mmi Toot CB—fcara DEBAKER LAWLER MOTOR CO. 332 Washington 8treet year