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■is f r r :'• 4 ^.a^-WBjC:... DIRECTORS: ESTABLISHED 1901.
•
sa^ riASSiu. ■«w«iS Hf :"-V-:. J«l LvwL.Vi ; R. S. FRANKLIN
s ^
V-?f* [3 refe'v . :^ rf %!&grm5 l &&BiSi •-■' N. Z. ANDERSON Capital, $37,500.00 '
=• .....
#• Stockholders* Liability, .
& HCM N. S. TURNER $37,500.00 \ i
•yf. fesiiiis Png lit E. L. JARMAN Surplus and Net Profits, 27,884.13
?’
C*; :« Ip : r pi sr R. W. MILNER
■
;iC n Hi! A* Security Depontors, $102,884.13
U m : to r
fjj it •
*-1 if k : r \ V. j it r :; ? b ti a r. S. P. THOMPSON
n * 1 ■ Ik m i • «.!■
j$g& ll ■as:: ! ft V fN
II I: »' jj!; J!;'ii i. 1 \\ *>- J. F. HENDERSON :
i! :: til M
$ I; This Bank I
&- H; »•: JH ;; ;: I Jt iSp Me#*** P. W. GODFREY has more Surplus and Undivided
1:: I*. , m HEgip 1 - jyjB
-irifcSWUM NET
-:za «3j< m M J. L. STEPHENSON Profits Than all Other Banks in Newton
.<r; ■\ <y:~
i. tj County *
- : vi-SLr --•^=r- ; f^sg -?■ rgjgp||wr C. A. SOCKWELL Combined. !
utx<
■ Sir; aBRS5 ^r '‘-v*' / r
? r ^: A 'r>rr -~£^~-" R. R. FOWLER
(C. S. Thompson Building, Home of The Bank of Covington.) C. S. THOMPSON We Pay Interest on Time Deposits.
REPORT OP THE CONDITION OP THE
bank OF COVINGTON, COVINGTON, Gr .A.
At the Close of Business March Twenty-second Nineteen Hundred and Seven, Issued Call of the State Treasurer.
on
ASSETS. $1.00 LIABILITIES.
i
Discount Loans, . 121,145,43 Opens Capital, $37,500.00
Demand Loans, . 20,255.00 $141,400.43 Surplus, $18,750.00
Overdrafts, secured, 38,560.00 an Undivided profits,
net, 9 ,134.13 $27,884.13
Overdrafts, unsecured, 1,745.25 40,305.25 account Dividends unpaid,
76.00
Furniture and Fixtures, . . 3,640.15 in our Deposits, 162,658.32
.
Cash on hand and due from Banks, 42,772.62 Savings Bills Payable (NONE)
TOTAL, . $22841845 Department TOTAL, $228,118.45
11
Deposits March 22, 1907 > $162,658.32
Deposits March 22, 1906, 118,446.88 I I
Increased for One Year, -* $ 44,208.44 .
u> a^auMui^a. iMUU
——
ere is Only One Way to Get RICH
And That is by SAVING.
If yon resolve to save a certain portion,
kever small, of the money yon earn, de
fit it each month or oftener in our Bank at
jer ged cent interest, you’ll be pleased will and sur¬
to find how quickly you accumu
p a substantial sum. We will loan you a
pie Savings Bank to help you save. $1.00
f open, your account with us. Call or write
ay.
lark Banking Company,
Covington, Ga.
SOMETHING NEW t
doming In Every Day With Us.
New Victor Talking Machine Records. New stock
Waterman Fountain Pens. New stock Fancy and
Comic Post Cards. New lot of Jardineres, Flower
Pots. New stock of Fine Stationery. New stock
Picture Moulding m
I *
~ orrsc ' n - Set acquainted, make yourself at home, look
[ - **d a °d let us number you among our thousands of
fiends.
fke Marrkon %o. A! _
'
COVINGTON, GEORGIA. J
1
___
, Y an ad in the I
ENTERPRISE!
THE ENTERPRISE, COVINGTON GA
HUDSON’S VIEWS
ON
Says We Cannot Get Sufficient
Amount of Libor
FROM THE NORTH AND WEST
After Carefully Considering the situ¬
ation, He Declares that We Must
Turn Our Attention to Foreign
Countries for Laborers.
Atlanta, Ga., March 24th, 1907.
Extracts from a Rsccnt Speech Made
by T. G. Hudson, Commissioner of
Agriculture.
“The legislature, realizing the im¬
portance of advertising her resources
and encouraging immigrants into our
state, passed an act in the year 1894
making the commissioner of agricul¬
ture ex-officio immigration commis¬
sioner. Believing it to be the
duty of every officer to faithfully
and fearlessly perform the duties
imposed upon him by law, 1
have tried to the best of my ability
to conform to what I believed to ba
my duty as prescribed by this law. I
have collected and arranged in system¬
atic order information as to the min¬
eral, geological, agricultural, horti¬
cultural, timber and fishing resources
of the state, and have distributed
them in various wavs throughout the
United States and foreign countries.
Demand for Labor.
“The appropriation for carrying on
this work 1 find to be totally inade
quate. However, I have endeavored
to stretch it out and make it go as j
far as possible, Nearly every mail
to my office brings requests from
farmers, dairymen, fruit growers a:. -*!
manufacturers, urging me to help
them procure labor necessary to carry j
cn their work, Seme farmers' be- j
sire tenants, but the majority of them j
desire farm laborers. I have done all
1 could to secure help for them, but
on account of limited means have
been unable to do very much for
them. I have corresponded with bu
reaus, societies and organizations,
having for their purposes the sending,
in and furnishing to different states
desirable immigrants. My efforts have,
mainly been directed to the east,
north and northwest, believing that
lf P° ssi -ble, we should get our help
from those sections. The great ad
vantage to their favor, it seemed to
be. was that they were accustomed to.
our habits and speak our language
The greatest trouble we have had to
encounter, they consider the low
Yfegfe.*! offered in Georgia, com-
pared to what they ret for their labor
in the east, north and northwest. I
find it is hard to get them to fully
realize the great advantage we have
to offer them in the way of cleap liv¬
ing, in comparison to what it costs
them to live in their sections. After
carefully looking over the situation
from every standpoint, I am convinced
that it will not be possible to get
sufficient amount of labor from the
sections above mentioned, and
we must turn our attention to for
e'gn countries. A large per cent of
the larm laborers have left the farm
and gone to the ciles and public
works, where rvages are much higher
than the farmers are able to pay.
Cotton Too Cheap.
“A great many people seem to think
10 cents or 11 cents per pound a fair
price for cotton, It was a few years
ago, but it is not now. Everything
that enters into the production of cot¬
ton is increased from 100 to 200 per
cent in price. The farmers, there¬
fore, will not be able to offer suffi¬
cient high wages to attract any con¬
siderable number of laborers to the
farm. The laborer on the farm can
live for one-half of what it costs him
to live in the city, yet if is very hard
to get him to realize this, He is
rarher attracted by the amount he
gets by the month or day than the
amount he can lay up by cheap living.
The tenant system will come nearer
catching the foreigner than the wage
system. The amount he realizes for
liis wage* under the tenant or crop¬
per system depends entirely upon the
amount of skill, energy and science ho
applies to the cultivation of his crops,
Of course, the seasons have a great
deal to do with the production of his
crops, but, thanks to an all-wiso God,
he never allows us to have a fam¬
ine in our ‘state. If we do our part,
we make fairly good crops every year.
New Methods Advocated.
I would advise the farmers not to
depend entirely upon the immi rants
to relieve them of the labor condi
tton in Georgia, but insist that they
should change their method of farm
ing- I hey should first put all the
land that they have on the farm which
they can not hope to produce crops on
at a profit In pasture. To fence
this land and do nothing more would
be worse than folly. He should sod 1
it with bermuda and other grasses, !
and thereby make a pasture that
would furnish something for his cat
tie to graze upon the year round.
“Second. He should diversify his
crops and Increase heavily the crops
that are proutable, yet require so
much less laSor to grow than cotton, j
Such crops as corn, peas, hay, sor
ghnm, truck of all kind. He should 1
a!so raise his horses and mules. It j
Is needless to argue as to wliethor j
ftns method of farming will pay or |
not. A great many of our farmers
tave adopted this plan and they havu
all prospered.
‘•Third. Ke should secure for
farm ail the Improved machinery nec
essary to cultivate his crops. Farm
ing with improved machinery is no
! longer an experiment, but has been
■ demonstrated by hundreds of farmers
j to he absolutely practical. They have
! long since discarded the old methods
j few of farming in the South, in all the When states the except farmers a
: adopt these improved methods they
will not need more than 75 per ce.it
cf the labor now required to make
their crops.
Should Exercise Precaution.
“We should try To increase our labor
by bringing into our state a class of
sturdy and industrious laborers. Do
not open your gates to the riff-raff
of the earth, but do all you possibly
can i* bring the honest and industri¬
ous laboring class to our state, I
have numerous requests from people
living in south Georgia for home-seek¬
ers, stating that they have large
tracts of land that are fertile and
suited to all crops grown in our state,
and that they desire to cut it up in
small tracts and sell to parties desir¬
ing homes. We should spare no time
nor expense in devising seme scheme
to furnish to this class of our citizens
such people as they desire, Surely
no one who will stop to think will ob¬
ject to the bringing into our state a
good class of people, who desire to
buy land, build homes, and thereby
add to our wealth and prosperity, i
occasionally run across a man who
says to me that he does not desire
that the foreigners be brought in and
settled upon the uncultivated and un¬
developed lands of cur state, because
he is afraid it will bring about an over
production of cotton. I have inquired
into the customs and hab us®,n u s of those
we have already among the farm
and find that the foreigner does not
take to cotton growing, but instead
raises grain, hey, oats, groimdpeas,
strawberries and irish potatoes. In
fact, he grows everything T the ex
elusion of cotton. This ii natural,
as he lias never been accustomed To
the growing cf cotton, and does know
something of growing other crops,
and he soon learns they require so
much less rffber and are more remu- :
nerat've than growing cotton. It
seems to me that instead of a menace,
he will fill a long-lelt want by grow
ing those articles we so much need,
and yet have been so hard to get our
native peopl? to grow.
Factory Labor Scarce.
“Labor in the factories ts also
scarce. 1 find, after carefully inquir¬
ing info the mill situation, they have
nrd to let icast one- enth ot their
spindles remain idle on account of
their being unable to secure suffi
cient labor to operate them. The mil!
are dependent upon the
whites of our state for Their labor,
and they have not been able to secure
j a sufficiency in the state to keep their
! spindles going, and are prevented by
the federal laws from going into for¬
eign countries to obtain Them. Geor¬
gia, through its representatives, can
secure this help. What will you do
about it? 1 say, go and get It. Soma
of our good friends say, “Arc you not
i afraid of these people coming to your
state and sowing seed cf discord
among the laborers we have already
with us?’ 33y friends, in the East
they have hauled our raw cotton hun¬
dreds of miles to their mills and with
this labor we are now seeking to ob¬
tain 'have grown rich, and every in¬
tcrect in their section is in a prosper¬
ous condition. Why should not ths
mills in ths centei* of the cotton fields
with This same labor, become even
m-ore prosperous than they, and as
the mills become prosperous so does
every other interest in our state be¬
come prosprous?"
Bridgeport, Ala., The
Coming Industriul City.
W’e have convincing euidence
that one hardly gets in a lifetime
such an opportunity t<» make
money without risk. Some ot the
most careful and successful men
in our state who have recently
visited Bridgeport say that the
Bridgeport Lots are cheap at
the price now offered and that
many of them which can now be
bought on easy terms for $100
each will sell for many thousands
in the near future as sure as the
sun rises and sets and that there
is not a sinq'e lot in the 1 000 now
offeied but. is dirt cheap at $100.
If you want one or more of these
lot-, lo«e no time in securing it,
they are going fast, no lots sold to
negroes. Call on Mr. H. T.
Hnson, at Covington, Ga., to-day
D vonr delay th‘-y may be a.i
Attention, Veterans.
All confederate veterans who
to attend the reunion at
trorn Newton are re¬
to give their names to L.
Middle'irook : and all member*
L-Hunr Camp are re¬
to pi v ’ their dues.
L L. Middle -rook.