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

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    PAGE 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