Newspaper Page Text
Zhc Enterprise*
liSTABI.ISHED 1865.
THE COVINGTON STAR EST. 1674.
CONSOLIDATED 1902.
SEMI-WEEKLY ENTERPRISE
ESTABLISHED 1905.
PUBLISHED EVERY TUESDAY
AND FRIDAY.
CHAS. G. SMITH
Editor and Proprietor.
SUBSCRIPTION $1 PER YEAR
Filtered at the Covington Postoffice as
Sscond-Class Mail Matter.
Covington, Ga., Dec., 22, 1905
Old Santa arrives Sunday.
The municipal election at Mans¬
field will be pulled off Monday.
No one expects good weather
and Christmas at the same time,
We would be glad to see the erec¬
tion of enough residences here to
supply tho present demand at least.
We are expecting great things
from the new city administration.
Every man can be relied upon to
do his duty as he sees it.
The two great educational insti
tutions of Newton close today for
the holidays—Emory College and
the Covington Public School.
If weather conditions had re¬
mained favorable this week, Cov¬
ington merchants would have sold
several thousand more dollars of
holiday goods.
If sufficient residences were built
to accommodate the people who
want to move here, Covingtou
would easily have 3000 population
by January 1907.
Clark Howell is still busy writ
ing letters declining invitations to
meet Hoke Smith at various towns
in Georgia. Clark is a wise old
fellow; he knows when he gets
enough.
The politicians are eagerly
watching the way things will shape
up at Columbus, Jwhere Hoke and
Clark meet Some wag has re
marked that Columbus discovered
America and Columbus will die
cover the next governor of Georgia,
-— |
The mau who has never lived iu
the country when a boy, milked
the cow6, kissed the girls at the
husking-bees; stacked bay iu a
high wind, swallowed quinine iu
scraped apple and castor oil in
cold coffee, ate molasses and sul
pbur, wore a sack of asafeotida
around his neck and drank sassa
fras tea in the spring to purify the
blood, has lived in vain.
—
il is not the rare gifts, the pos
sessions of the few; it is not great
wealth, great learning, great gen
ius or great power; it is not these
things that makefile possessors
happy. It is health, it is friend
ship; it is love at home, it is the
voices of children ; it is sunshine.
It is the blessings that are
inouest, not those that are rarest;
it is the gifts that God lias scatter
«d ovciywhere.- G. II. Morrison.
Christmas,” but let „ try to have
it . i peaceful one. It cannot he a
‘ happy” Christmas for every one,
hut let us try to make it as com
fortabie «. kind words, kind
• houghts and kind deeds can pos
sibly make i it. II we can do no
more, we should do no less than
send,, pleasant thought to our
thing as wireless telegraphy,’
and why may not our mental tele
we love who are afar?-Marietta
J0 “™ L
See The Enterprise for first-cluss
p’rlnttuy
BANKS LOSE MILLIONS.
Denver Saving Bank, The Largest i
• mm Lootings Started By Biglow.
Chicago, Dec JO. Moie than
$5,000,000 has been embezzled :
from banks and lost through forced
or voluntary liquidation on the
part of financial institutions in five
months in 1905, and the wrecks
have carried with them to destruc
tion men supposed to be beyond
reproach in business and financial
dealings. Six banks alone have
been forced to close tbeir doors
through stealings amounting to
$5,340,000, and though in a tew
instances some part of this vast
sum has been recovered for the
depositors, in the majority of cases
the loss has been complete. Four
banks have paid to the tune of $5,-
300,000 for speculation on the part
of trusted officials.
The three big bank wrecks which
are still fresh iu the public mind
on account of tbeir size and recent
date are the Enterprise National
bauk of Allegheny, Penn.; the
First National bank of Topeka,
Kan.; the First National bank of
Milwaukee, W>s., and the Peroria
National bank of Peroria, 111. The
failure of Denver, Col., completes
the list of five banks whose losses
at first hand reached $8,350,000.
Of the men who caused these fi¬
nancial disasters one committed
suicide, one died from disease, two
were sent to prison and ten were
indicted,
This series of systematic bank
lootings by those who were intrust¬
ed with the funds of depositors
began last April, when the discov¬
ery of a shortage in the First Na¬
tional bauk, of Milwaukee, led to
the confusion of the president,
Frank G. Bigelow, tnat he had used
and lost $1,450,000 of the hank’s
funds in speculation m the wheat
pit and in Wall street. He was
admired as one of the foremost fi¬
nanciers of the northwest, was
president of the American Bauk
ers’ association, a member of many
clubs and societies; iu short, one
of the leading men of the city,
With the connivance of a cashier
he manipulated collection accounts
40 and 50 per cent, to make it ap¬
pear that the bank’s reserve fund
was intact. The amount of the in
creased collection fund Bigelow
diverted to his stock operations.
The reserve maintained by the
First National in eastern batiks
was tampered with so that it ap
peared several hundreds of thou
sands of dollars larger than it re
ally was. Bigelow is now serving
a sentence iu prison which, with
time taken otV for good behavior,
will expire in seven jears.
On May 1 Francis H. Palmer,
cashier of the Pecouic State Bank
of Pecouic, Pecomc, Long Island,
confessed to a shortage of $40,000,
and the bank was forced to close
its doors. Palmer lost the money
speculating iu Wall street. The
depositors, however, got some per¬
centage of their money, as Palmer
hjid property worth $35,000 on
which the hank realized. At one
lime Palmer’sspeculationsamount
ed to $70,000, but he reduced these
; by fortunate turns of the specula
j tive imuket.
In July the First National bank
0 f Topeka, Kan., controlled by
j Charles J. Delvin, rated as one of
■ the most solid financiers of the
ft his affairs which bron-ht on Urn
crash. He had minium’ $7,000,000 invest
cd iu railroad various properties
and was promoting indue
trial schemas. Two other banks
controlled by Delvin, the Spring
Valley National hault of Toledo
Ill., were engulfed with the First
National and his'other properties
lures finished the dissolution
g„„ by disease, and Delvin could
him His life J— insurance of $7m
added .0
from the wreckage, gave every
creditor and hank depositor dollar j
JHE ENTERPRISE, COVING ION, GA.
Hot on the heels of the Bigelow
crash came in August the closing
of the Denver Savings bank, and
the charge that it had been looted
of over $1,700,000 by conspirators,
among whom were included offi
cerg and ex-officers of the bank.
The ba . ik had 8i000 depositors,
with deposits aggregating $1,400,
000. The investigations of the ie
ceiver led to the indietmeut of
Leonard Imboden, James A. Hill,
C. B. Wilfly, E. E. Hull, H. L.
Hull, C. B. Robeits, W. T. Camp,
D. M. Carey and A. B and J H.
Edmondson on a charge of con¬
spiring to steal $1,712,587 from
the bank. Wilfiey, Edmondson
and Hill had been presidents of
the bank.
October saw the dowulall of
Newton C. Doughtery, chipf su¬
perintendent of schools of Peroria
National bank through his imbez
zlemeut of its funds, and the
loundering of the Enterprise Bank
of Allegheny, Penn., which help¬
ed not a little in t-ha defeat of the
Philadelphia bosses at the last
election. *
Dougherty was arrested October
5 for forgery involving a small
amount. The charge shocked the
community iu which he had been a
leading member, socially and iu
business. Pie protested his inno¬
cence and said that investigation
would clear him, but further inves¬
tigation of the bank’s affairs ^erved
only to increase the amount of
Dougherty’s embezzlement and the
number of his forgeries of the
bank’s paper. Over two hundred
indictments were finally found
against him and the proceeds of
his embezzling and forgery were
found to amount to $250,OOjQ. He
was tiied, convicted and sentenced
to a much longer term thaq Bige¬
low, although hi9 stealings were
less. Dougherty’s punishment was
imprisonment for from one to four
teen years on each of five counts,
This may mean five years or
seventy-four, as the authorities
may decide. It will hardly, how¬
ever, be seventy-four.
The end of the Enterprise Bank
scandal is not yet, for th^re re¬
mains to he proven by the federal
authorities who are examining the
Bank’s affairs the charges that the
loss of $1,200,0000 and the closing
of the institution were due to the
lending of large sums to state pol¬
iticians without security, and that
the funds deposited by the state
itself in the bank were lent to tluse
politicians without security, and
also the accusation T. Lee Clarke,
the cashie", made in the note he
wrote before he committed suicide
—that “Bull'’ Andrew s had caused
his ruin. At present there is little
liope that any of the depositors
will get their money back, and
among them a:e thousand:*,of poor
working people.
Although the Central National
Bank of Boston failed uud closed
its doors m 1903 it was not until
a few' months ago that charges
were made that the liabilities of
$3,000,000 were largely due to the
incompetent management of the
directors und the speculation of the
president, Otis H. Luke. Suits
have been begun to lecover from
the officers of the bank between
$300,000 and $500,000. The re
ceiver charges that the directors
wilfully falsified reports to the
state comptroller of currency
do ? leeu '’* National ho "» Bank cai| '« “ the c *time Fw
“ ,a at
of lts col!a P’°> " as indicted on
J hirt > Mive coul,,s a,!d his direct
! ‘° ,b ' b “ k P laced «
$8 2?'° < f
1 Lc foiej-cmjt . list does not in
cIud ® llalf a 8C01 'e t»f small
lka ‘ h! ";e gone under on account
1
..... !
0Nvn P ric « order to close out.
Now is the chance of your fife ,o
S el DI S bargains. Come early
and get the pick. The Harrison
W
I
o o o oooooooooo
o GENERAL NEWS. o
c o
OOOOOOOOOOOOO
Three big banks in Chicago were
forced to close their doors this
week.
Harry Sullivan was arrested in
Eatonton this week, but afterwards
released. It was at first thought
he was guilty of the murder of
John Tucker at Lynn, Mass, about
one year ago.
John Rohr, an ex-convict, who
was sentenced to Sing Sing prison
lor five years and who was released
five months ago, has brought suit
against the state of New York for
$10,000 damages because he was
forced to work in prison, especial
ly on Sundays and legal holidays.
Dr. Charles Hicks, the well
known Dublin, ^a. physician has
bad a stroke of paralysis. lie was
found one day last week by Ins son
lying upon the ground in his back
yard.
Thoma9 C. Hendrix, a well
known Macon contractor aud buil¬
der is dead.
Miss Alice Roosevelt is the fifth
White House bride in the past fifty
3 ears.
In a persona! difficulty Tuesday
between B. H. Dorsey and Leon T.
Milner, of Jonesboro, Dorsey was
killed. Milner surrendered to the
sheriff and claimed that he was
justifiable,
Frank Johnson, a bridgeman,
fdl Tuesday from the top of th»
0 j d car s [ iec j j n Atlanta to the
ground beneath, killing him i
mediately. The fall was over fifty
f eet
Mrs. V. G. Harden, music teach
er in the Eatonton academy, niar
rowly missed being killed by fall¬
ing plastering last Monday uight.
Mrs. Mark Hanna was arrested
iu New York the other day for ex¬
ceeding the speed limit in her au
( tomobile. ’
Governor Terrell has granted
four pardons to men sentenced to
life imprisonment, for murder.
The only white man m the bunch,
W. T. Channell, of Montgomery
county was originally sentenced to
be hanged.
Seventy-nine new hunks have
been chartered in Georgia since
the first of last January. Twelve
more will be chartered by January
‘
i r
1 ^ i0r * ‘ e
190o „ thirty is the highest
)cai
number ever chartered iu one year
previous to this.
The funeral ol engineer Elij ill
Pate, who was drowned in Chatta
hooches river ten months ago
when his engine plunged through
a draw-bridge, was held Tuesday
at bis home n: Albany, Ga., The
recovery 0 f Engineer Pate’s re
mams in an almost perfect state
from Ins watery grave is a remarka¬
ble circumstance. The body was
recovered under a raft of logs
at Appalachicola, Fla. The ra f t
passed down the river only a few
days after the accident and the
body rose under it. The raft was
tied up at Appalachicola awaiting
the sale of the lumber. The sale
was made a few dajs ago and the
body discovered as the raft was
being torn up
■ — -
S5-S2
"°f CS "« cKaces ' *««* P'"*. cuff
buttons, lockets, watch charms,
emblem pins, rings, etc. The
Harrison Co.
s r--——
Saleeuard *• Tie ‘ Child Ch,ld ' cn
-
N J .
^
.......' ,rr twonths m the large cities
T
rfaoea Ifemedy L F,r .,1*1,7" ^ im'
h„,
_
“
AU good# bought of urn e-,g rav
.
§
0 CHRISTMAS ;;
§
5
0
i ^ 0
| ^ ^
j SUGGESTIONS i
($)
$) :
0
!§)
; !§) i§) Cluster Diamond Brooch*
J 5
$ Cluster Diamond Rings,
10 0
I
S) Solid Gold Signet Rings
« i
0 Solid Gold Set Rings, 0
0 *
Solid Gold Stick Pins, J :
0 Solid Gold Cuff Links, 0
0 i
Solid Gold Spectacle Frames !
\i »
Sterling Silver Flat Ware. 5
1
V
V *
AT * $
’ •
0 > ains 9
0 o
8
0 0
The Jeweler.
0 I
U
Chamberlain’s Colic, Cholera and
Diarrhoea Remedy.
This remedy is certain lo be needed in
almost every home before the summer si
over - Fean always be depended upon
even ' n most sevore an< i dangerous
I Jt ‘. s es pecial!y valuable for summer
I disorders in children. It is pleasant to take
and never fails to give prompt relief Why
j not buy it now. It may save life For sale
! by all druggists in Covington and Bibb
1 g. Co., Porterdale.
At Opera Mouse Saturday.
Fitz & Webster present to the
theatre-going public of this city
their newest version of the big
Farce Comedy success, “A
Time. ;) A surfeit ol merry kb as
und hilarious situations, incorpo
™ ;r j p, r of ,ngemons orig
and intense interest. A,.
entertainment of absolute super
iority, well to tile front ill tho race
for popularity. The name of Fitz
& Webster for past seasons has
been n I i trade mark” for. good,
clean comedy, and those who at
tend a performance of “A Breezy
1 File” can assure themselves of an
evening’s enjoyment served up m ;
Jhe t> artists wy late* are a *,!,. decided Our feature, special-1 j
SSS
l»r.«.co wo could not do otherwise
tu,m cll00Sf) pleasing and catchy :
" Ct8 ' 1,1 a! 1 a P r<jd uction of vast j
i amusing . possibilities
aud recog•
"ised upon ,ts morils ds the best^
‘ Comedy on the road.
-— -
Dent Her Double.
-i
“I knew no one, for four wCeks.'ulpen
I I’dtsburv. Pa., *'ui,d when ,4 I e,,i do5o,L UeUer
I l-l on. of the
FroiT11hi « ‘vn-lbie affliction I
\
now I cun .walkcsstrutHhtiwever. Tiiey
are simply wonderful.** Guaranteed to |
tnreglorni,ch ' liv ‘ >ran d kid,tev df S o.-d-i
-5 .....
LEGAL ADVERTISEMENTS,
CITATION.
»
GEORGIA, Newtox Cornu,
Whereas G. B Stanton. Executor oil
H. T. Canton, represents to the Court ii
his petition, duly filed and entered ot
record, that he lias fully administered oj
T. Stanton’s estate, this is, therefore:
.cite all persons concerted, heirs ash
creditors, to show cause i( any theycw,
why said Executer should not be discharg'd
from his administration and receive leiteri
of ilismissi n, on the first Mondayi»
January 1900
G D. HEARD, Ordinary
APPLICATION FOR LEAVE TO
SELL LAND.
|, a , „p p i ic j the Ordinary add«*
for leave to sell the land belonging >° l1 '
estate ol Jesse Gresham, deceased, for ! ”
payment of debts and distribution
^ heirs at law.
be heard ft !J<
cZc - **** Mond*J
said county to be held on the first
in January ]00G.
This 4Ui day of December I90 j.
K ^
tdd as
__
GEORGIA—Ae'vtox ^ ot>T und. !
SMx u gi «„ that the
signed has applied to the Ore ,n »r> o< ‘
edunty for Leave atcoi; to M SeiDhe ^ a fiim^,
10 lh f e8, ^ tK
de&fs“„°ft;je^wlnTew„J.iiairiba.o.- h«-J " sr
.• Wmn .ill be IS
rqpilar u-r.woUhe i'm« »> ® r ' 1 ^
saidcuuuty, tobc I»«*ldon the rst •
in January IMS. thomp= 0>
• '-C. 6. 5.1’'
estate ol M rA L
' '
—= 7
' With eggs selling at-35.» k
|n? r.
good price cotton is brmtf '
.f our»
bled »
settle L their subscripti
rnris P n At ' any rate ’
n