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MONEY ill 8E
VESYFinil
Big Crops and Favorable Bal
ance of Trade Prove It
SAYS THE I1EMY IMMINENT
PfmiiIm •! Pleatjr of Money Does
Not Apply to IndlvldaalB—Ca-
aal Is Cobbling Dp United
States Cola, So Treasnry »e-
partnaent Coaid Not Help 11
Coantry Were la a Tight Place.
Washington, D. C., Sept. 25.—
It is unlikely that there will be any
shortage of money anywhere in the
United States this year. This is
not to be construed as a promise to
any particular individual, but is
the opinion of the Treasury D -
partment, whope hand is on the
pulse of the nation’s financial and
business life and represents the
opinion of officials who constantly]
watch for symptoms of any
ip. The exprasa of diggiog the
Panama, caval it from $2,000,000 to
$4,000,000 ft month, end is o drain
on the nation's ready cash.
It was the intention to build the
sanat with borrowed money ob
tained from sales of Panama canal
bonds, hut (or many reasons bonds
could nol bo sold on furors ble terms
.land Undo dam has been paying his
canal workers out of his cash drawer
until «ow (he canal owes the treas
ury »125,000,000.
One of the beat reasons why treas
ury officials believe there will be no
money stringency is that the nat
ional hanks am preparing them
selves to issue $500,000,000 extra
currency as tho emergency currency
law provides, if they have to. Sec
retary MaeVcagh believes the com
mon knowledge that such an im
mense reserve is available, will stop
any general movement to take mon-
**v «ut of banks to hoard it in stock-
i i.c Soil Weevil a Blessing
Ts Louisiana Farmers.
Tn round figures the ball weevil
has cut Louisna's annual production
strin- from $50,600,000 to $15,000,000.
geney. In their opinion the dan
ger mark, if there lias been one dur
ing several months past, has been
left astern. They give these reasons
for their prediction of plentiful
money. Primarily the banks savr
What looked like a money shortage
coming several months ago. They
knew they could expect no help
from the United. States treasury,
such as they got in 1908, and pre
pared themselves. They have piled
up gold, built up reserves and cut
down risky loans, and bonds and
other securities which might not
lie easy to sell, have been turned
into money. New loans have been
closely scrutinized.
Crops Will Help a Lot.
The banks have thus fortified
themselves against any emergency.
How well they did it was seen last
week, when $10,000,000 was moved
ant of New York to other banks
Sind done very easily. Panics fore
seen never come, financiers say.
Money is plentiful in England
and on the Continent. That is al
ways said to be a good sign in mak
ing a prediction for this country.
Nearly every crop in this country
this year is reported to be a bumper
Corn will set a new record. Four
fift >s of the crop has been gathered,
so the chances of loss from frost is
small. The oat crop is the greatest
in years.
The cotton crop will be 1,000,000
bales greater than it was last year
The other crops are reported very
large. Next month it is estimated
, investors over the country will re
ceive $170,000,000 in dividend
checks from industrial, railroad and
other corporations. That will add
to the money generally in circula
ti m. The record cops are one ar
gument against a nfoney shortage
because by their meanB the United
States will have a great amount of
food and manufacturing materials
to sell to Europe.
Canal Takes the Money.
Europe in the meantime will be
selling material to America, but
undoubtedly not to the extent it
did last year, and, therefore, will
owe Americans money. This will
be in gold, which comes across the
ocean in bars. The banks will take
it to the United States mints or sub
treasuries to be stored away in the
vaults and gold certificates will be
. issued to represent it. Thus several
more millions of dollars will come
into circulation for business.
This is what financiers call "the
balance of trade,” and in such an
instance it would be "in our
vor.”
The question may be asked why
the Treasury Department could not
help thebanks now as it did
1903. Because it has not the moo
Simultaneously, through necessity.,
agricultural enterprise, encouraged
by (tovernmeut experts and enlarged
by the reclamation of marsh lands
has increased Louisiana's annual
revenue from oorn production to
nearly $05,099,000 in 1910, from
$1,000,000 to $5,000,000 a few years
ago; yet the com industry of the
Peiioan State is still/in its infancy.
Thus, the farmers of Louisiana,
who two yeans ago looked upon the
invasion of the boll weevil as a curse
a id a visitation of tho devil, now
regard the little peat as a glorious
blessing.
Severs! years ago Louisawa far-
ootton in.
age
100,000 bales of
season. The avar-
' was less than half
TKO m KILLER
_ IH A PISTOL DUEL
/' < ~
Charlie Tat* an« Mm Merchant
Vail ait Each other* Heart*. A
Very Ueplnrahlc Affair.
Wednesday aftsrnooa Charlie
Tats and John Marehants engaged
in a pistol duel near the former’?
home east of the city and both warn
killed. Mr, Tate died instantly
and Mr. Mareha..t lived only half
hour during which time he was un
able to speak. Each received two
wounds, the former being shot near
the heart and in the hand while the
latter received a wound in the
stomach and one in the leg.
The killing is said to have been
the lesult of bad feeling that had
existed for a number of years and
which recently again became ag
gravated.
Mrs. John Wilkes, the sister of
Marchant, and the wife of Tate
wero present and witnessed the af
fair. Mr. Marchant and Mrs.
Wilkes were in their buggy when
they approached Mr. and Mrs.
Tate near their home. Marchant
got out of the buggy and the two
men drew their gunB and began fir
ing almost instantaneously. Nine
shots were fired and it is said that
Marchant's gun was broken as if to
reload.
Mr. Tate a few months ago mar
ried Mrs. Cubie Marchant, the
widow rf Frank Marchant. John
Marchant was a resident of Colquit
county and leaves a widow and
child only a few weeks old.
The remains of Mr. Tate were
buried at Meigs today and the body
of Mr. Marchant was interred at
the Pileher burying ground.—Pel
ham Journal
| Attention, Farmers.
W« have now a complete stock of Chattanooga and
Golden’s Cane Mills, Evaporators, Sugar Kettles,
Gtlvehued and Black Iron Pan Bottoms, Grate Bars,
end Furnace Fronts and Doors. Come in to see us
when you want anything in the above lines and we
•re certain we can please you.
W« nlM haw* |mat kmIvcS a ear Cbaltoaaaf a
One and Two-horse Plows and Repairs.
Yours *«iy, Wight Hardware Co.,
Cairo, Georgia.
AMtRUMSMmMwiwwa-
FALL. STYLES
Ladies' Trimmed Hats.
The latest designs from $ 1.00 to $3.00.
Will be pleased to have you call at my
store and examine the great values for your
money before you purchase elsewhere.
Remember the Place: Corner Broad and Bryant.
I. SHAPIRO, Proprietor.
a Me,- but <ra (he best lands a bale
to tlic aero was obtained. In those
days 8 cents for mtddliag'wafl looked
upon as a good prioe, and $45 ] c
per Me, or $82.59 per acre, wa.-
not to be lightly treated. In 1909
Louisiana predwood only 280,000
balm.
To-day tlio farmers on the re
claimed lands in Southern Louisiana
are getting 100 bushels of corn per
acre, which at 86 cents per bushel,
brings them in $S6 per acre, or
nearly three times as much as the
Louisiana farmer got in the palmiest
days of ooUon production.
In 1808, and in all previous years
Louisiana farmers, and particularly
the cotton grmvnrs, bought most of
the oorn needed to food their stock
from corn-gcowwrs of Indiana, Uli-
noiao, and other States. Last year,
for tho first tame in its history,
Louisiana beeame an exporter of
com. This year Louisiana farmers
will sell many million bushols of
corn, and next year the excess of
production oyer consumption in
that Stdts may amount to as much
as 100,099,099 bushols.—Newnan
HomM. •
BABIES SEEM TO
LIKE ATLANTA.
There is ne dearth of babies in
Atlanta- According to the statis
tics, 1,882 babies were born in At-
lanta-tbis year. The population of
Atlanta, according to figures sub
mitted to the health department,
has been augmented about 200 a
month from births alone. The rec
ord birth month this year was Jan
uary, when 277 births wore report
ed. / *
When in town call around and
let us put your name on The
Progress’ mailing list.
Wight & Weathers
ELSE! T9 BE TRIED
to to Come *g» to October to
Bsnswl Cwrt.
Swainshoro, (Sa.—Ths erimini'l
docket at the Ootobcr term of
Emanuel superior court will con
sume the time of the court for the
first week, while civil matters will
occupy the attootton of tho court
during the next week. Quite a
large number of murdor oases will
be heard during the week, among
them the sensational case in which
Mrs. Mattie Flanders and Dr. W.
J. Mctf&ughtoa art defendants,
charged with poisoning Fred Flan
ders, the husband of tho former.
Mwarito ter (Dm i> “——n.
CAIRO. GA.
ties for sale and invite the care
ful inspection of the public tc
them:
Walter Harper place. 104 1-2
acres, 5 miles from Cairo, 5C
acres under cultivation, fenced
with plenty of good buildings,
half mile from church and school
A bargain.
150 acres, 8 miles from Cairo,
with plenty of houses, near gooc
school. For $2,250.00.
D. W. Howell place, 125 acre*
with 40 acres in cultivation,
dwellings, cribs, barns, etc.,
enough for the place, 65gacres
fenced, 1 mile east of Whigham
on A. C. L. For $1,800.00.
R. M. Wadsworth place, 150
acres,; 50 acres in cultivation, 2
good -tenant houses, well water
ed, good school advantages, C
miles north of Cairo. For $2,
500.00.
William Drew place, 265 acres,
100 acres under cultivation, 5
dwelling houses, $500 worth saw
mill timber, 11-2 miles from
Pope’s store, 4 1-2 from Ochlock-
nee, 10 miles from Cairo. For
Will be glad to show the forms
at any time. Call on or write to
Wight & Weathers,
Cairo, Ga.
i 0£Bg8 in Coart Hcuss,.
TO THE PUBLIC!
IlAVING recently bought out the mercantile internet of K.
* * Powell, I extend an invitation to my friends and the gen
eral public to call and see me. It will be my purpose to cany
a stock of
GENERAL-:- MERCHANDISE.
ALSO BUT COUNTRY PRODUCK,
I am now making a special sale on “PANTS," having
just received a new lot. Come soon, that you may be able to
get a fit in number of selection.
YOURS
truly. C. E. Vanlandingham,
CAIRO, GEORGIA.
A.
Pelham & Havana Railroad Company*
TIME TABLE NO. 1.
IN EFFECT: MONDAY, AUGUST 15, 1910.
J. FRANK SIKES,
Gen’l Supt.
C- FELTON,
President.
- BETWEEN CAIRO AND CALVARY.
Southbound.
TIME TABLE NO. 1.
I* Meet:
Monday, August 15, 1910.
STATIONS
Northbound.
lit CLASS
Passenger
2nd CLASS
Mixed
2nd CLASS
Mixed
1st CLASS
Passenger
3
I
2
4
Sunday
Only
Exeept
Sunday
Except
Sunday
Sunday
Only
A. M.
A. M.
A. M.
A. M.
7 00
7 00
Lv Cairo Ar 1
10 10
10 10
7 15
7 16
9 95
9 56
7 35
7 *5
Cranford
9 35
9 36
7 55
7 55
Reno
9 15
9 15
8 20
8 20
Ar Calvary Lv
8 90
8 50
) ...CITY PRESSING CLUB... i
% ROY W. PONDER, Proprietor. |
W E clean and press your clothes for $1.00
per month. Extra work done on short
notice.
We Clean, Block and Reband
Straw Hats for B0c to 75c.
LADIES’ SKIRTS
CLEANED and PRESSED, - 75 to 50c.
GIVE US A TRIAL
If you are pleased tell your friends; if not tell us.
CO
Ul
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