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CONTROVERSY
by Hon. Charles H. Brand, Athens, Ga., Member of the Bank
ami Currency Committee of the House of Representatives,
Washington—Flays Harding in Virile Speech
Iproposition involves involved in ... this ......
matter of interest to
is a well
,r of this association, as
Atian.a Federal Reserve Ban
states composing the
:e in
Besides it touches, a
ereet of all the people of
[growing iho states, the plow particularly and
"follows
he hoe.”
of the people who are backing
.position of the Boston bank
h an agency at Cuba are more
callous and indifferent to the
lasses of our section of the
c
This may be due largety to
t that they know nothing about
roubles. One has to live here
aose people, move among them,
talk with them, in order to
’heir suffering and hardships, and
llarly the sacrifices they have
L sinC e 1920 and are now endur
aope a better and happier day is
If so, It will be largely due to
L r administration of the system
Federal Reserve Board in Wash
V e never fought the Federal Re
iystem as a member of congress,
t of it, and yet I have arraigned
rd, probably the first member
ress to do so, for the deflation
jit adopted in 1920, which virtu- and
stroyed the cotton grower
verybody else dependent upon
e member banks of this district
chargeable for this. ’I he Atlan
rai Reserve Bank didn’t do it.
ng to information that has
fore the Banking and Curren
mittee of the House of Repre¬
ss, the Sixth District Federal
Bank has been administered
'isely, economically, satisfacto
d in the interest of the member
land the people generally than
er Federal Reserve Bank in
'ited States.
this much in behalf of Governor
n and his cabinet and all those
with the responsibility of ad
:ing the bank’s affairs. This
Tiginated at headquarters and
r W. P. G. Harding, more than
er human being, is responsible
More values were destroyed by
licy, which wais promulgated
and secretly, than the calam
oh followed Sherman’s "March
~ea.”
uicided all over this country
unt of it; thousands went into
toy; men. women and children
races have gone half clothed
gry; people are suffering
cts of this policy now and
■‘.any years, if ever, before they
r it. The master mind of
Reserve Board even now
o manipulate the policies
rd. He is trying to put over
ion on the Atlanta bank
geous, and to be plain about
raid he is going to do it.
nor Wellborn and
are both from the same
m the South, and yet
is trying to take away
nta bank the right to
h agency in Cuba and to
ton bank this privilege.
e was a member of the
Board, he advocated an
re of $400,000 for the
*ng a building in
expedite and carry on the
the Atlanta bank with
the Atlanta bank filed
"ith the Federal
to establish this agency
f ore the Boston bank
^ understood he was
his proposition when he was
°f the board, and yet he
nt ' 5 opposing it now when
the agency rightly and
h rgs to us and
not to
!l ‘ m business belongs
to the
r ‘k anc * f contend it is
unfair, and unjust for
'[‘ng. i; ‘nk, as to the try instrument of
to take this
a ' from the Atlanta bank.
1 Phase ot this
oportant question
than the
Uban a S e ncy. It raises
' Lther or not,
p' lf governor of the
ok of Boston at a salary
annum ' he will still be
0 dictate the
policies of
1?me Board. The
'anger officially
, e ( < ' dMl is
wi h ' reaching across
\ t!U haCli 0f his hand
ins- ‘ S ° Wn
on pe °P> e . in his
asainst fhe interest of
a the
m ember banks of
j. ,h e Sixth
district. The
’ as Governor
“ ence ov er the
e Bfir '
iTicr aS t0 contro1 its
Point r !' M ' !ent Harding
PeZraT°R al Reserve Ha,ding Board a
. 'V' U
be bn board at his
ter minated
W lhe Bos ton bank and
Ihe ZT: ln Who anyway is " What
playing
SHORT TALKS
By MARVIN RAST
BEAUTY FOR ASHES
Sometimes w r e look at the world
about us through a pair of colored
glasses. It may be that they are red;
and as we shift our gaze to the com¬
monest things—gflass, trees, flowerte,
birds, houses, clouds—we revel in their
rosy appearance, and find ourselves
wishing they looked so beautiful all
the time.
The truth is, they are more beautiful
as they commonly appear to us; the
only reason they seem more gorgeous
through the glasses is that we then
have a new perspective.
Simple as it may seem, all beauty
originates in new perspectives, which
are created from without and from
within—no other lens than the eye,
the ear, and the heart being needed
for their appreciation.
Most of us live in a small circle. We
do our eating and sleeping, working
and playing in the same locality all
our days. Others tour the Rockies and
the Alps, but we continue to tour the
old familiar hills of our childhood.
It behooves us, then, to make our
little sphere just as beautiful as pos¬
sible; and if we wish to be happy, we
will.
We will become interested in the
house we live in, and in the yard and
garden adjoining it. We will not only
have a neat home, but a home where
love, music, and art abound. We will
work in season and out of season to
have flowers and vegetables growing
in the place of stubble. And we will
spare no effort to beautify our own
community.
In these ways we shall be creating
new perspectives from without. All
that we need now for a full apprecia¬
tion of the beautiful, is new perspec¬
tives from within. They are to be had
by acquiring the viewpoint of the op¬
timist,—by looking at the doughnut
instead of the hole, at the rosebusn
instead of the ash-heap,
There is much wisdom in the sug¬
gestion of the old song:
“Look for the beautiful, seek to And
the true.
You will be beautiful, beautiful with¬
in.”
ROCKY PLAINS NEWS
Mr. and Mrs. N. S. Avery spent i
while Sunday afternoon with Mr. and
Mrs. W. S. Avery.
Miss Beatrice Turner, of Atlanta, is
spending a while with Miss Ruth Da¬
vis.
Mr. and Mrs. Edward Cowan visited
Mrs. W. S. Avery Thursday afternoon.
Miss Jennie Mae Bowden was with
Misses Jinsey and Lou Phennie Joy¬
ner Sunday afternoon.
Mrs. Bowden and children, of Porter
dale, visited relatives here this week¬
end.
Several from here attended the sing¬
ing at Liberty Sunday afternoon.
Mrs. Pressley Harvey has been vis¬
iting relatives in Oxford for the past
week.
The friends of Mr. Bryce Thompson
are glad to know r he is at home for a
while, after a stay in Denver, Colora¬
do. He was accompanied home from
Atlanta by Mr. Harry Stewart.
Mr. Walter Stone visited his aunt,
Mrs. Josie Harvey, Sunday afternoon.
Mr. and Mrs. Grier Gardner w-ere
the guests of Mr. and Mrs. W. B. Har¬
vey Saturday. *
Mr. W. S. Avery spent a few hours
with Mr. Bryce Thompson Sunday.
Miss Lollie Avery is spending this
week with her sister, Mrs. Bowden, of
Porterdale.
Mrs. Josie Harvey spent one day
last week with Mr. and Mrs. Norman
Thacker, of Covington.
game in Washington behind the scenes
j in Boaton? What has the Boston bank
j gQt in mma? Bo they want to m anip
ulate t he pr i ee 0 f tobacco in Cuba?
Are they interested in the sugar spec¬
ulators down there and the sugar prof¬
iteers here? If so, Governor Harding
should be reminded that he is playing
with human life and the comforts and
necessities of the men, women and lit¬
tle children of this section of our coun¬
try.
Governor Harding should not forget
that he was a party to the policy adopt¬
ed in 1920, which decreased the price
of cotton from 40c to 50c to 10c per
pound. I have nothing against Gover¬
nor Harding personally. I hope he may
live a long time. But his official con¬
nection with the Federal Reserve
Board in Washington and its affairs
was ended by his failure to be reap¬
pointed, and it ought to be permanently
ended on account of the disaster visited
upon this country three years ago.
Secretary Wallace testified before
our committee that the Federal Re¬
serve Board could increase the value
of the products of the farmer or de¬
crease them when it saw fit to do so.
Governor Harding was present when
this statement was made. Mr. Wallace
Is a Republican and a very high class
man. I myself asked him “Do you
mean to say that the Federal Reserve
Board can, by a certain policy which
It might adopt, run up the price of cot¬
ton to 40c or 50c per pound or run it
down to 8c or 10c per pound?” and he
j said "Yes.” Governor Harding denied
; this statement vehemently. This testi¬
mony confirmed my convictions that
(he members of the Federal Reserve
Board held the power of life and death
over all the people, and for one I am
against Governor Harding having any¬
thing more to do with the establish¬
ment of this bank in Cuba or having
anything more to do with dictating the
policy of the Federal Reserve Board.
If the board has the power to run up
the price of sugar and other essentials
of life, or run down the price of cotton,
the men who compose it ought to have
the interest of the people of the South
at heart, and particularly the laboring
men and the poor people of the nation
’
[ at large.
HORRIED JURY
Pretty girl in a fury
Faced .a St. Louis jury,
Claiming a Buick had injured her
knee;
As calm as could be,
Wise foreman, said he:
May be true, Miss, but we’re from
Missouri.
OUR RIDDLE
Why is a woman’s tongue longer
than a cow’s?
Answer: A woman can lick her neigh¬
bor two blocks away, while the cow
can only lick her calf through the
crack in the fence.
So it Goes.
Some poor women haven’t enough
to wear and some rich women won’t
wear enough. -Louisville Courier-Jour
nal.
CASTOR IA
For Infants and Children
In Use ForOver 30 Years
Always bears
the
Signature of
CLOSING OUT
LOW CUT SHOES
Closing out Chil¬
dren’s, Girls’, Boys’,
Women’s and Men’s
Low Cut Shoes
AT BARGAIN PRICES
I. GUINN,
is CASH STORE
THE COVINGTON NEWS, COVINGTON, GEORGIA
WILLYS-KNIGHT
Coupe-Sedan
W5
lab. Toleri*.
A Meteoric Success
The Willys-Knight Coupe-Sedan has leaped to a pop¬
ularity previously unknown among fine closed cars.
For it is living proof that complete equipment and
luxurious appointments can be combined with faultless
mechanical performance at a very reasonable price.
Having doors both front and rear, the Willys-Knight
Coupe-Sedan provides easy entrance and exit for all five
passengers without climbing over seats.
See the tfillys-Overland advertuemenU in The Saturday Evening Put
LEE TRAMMELL, Jr.
COVINGTON, GEORGIA
THE ENGINE IMPROVES WITH USE
P. W. GODFREY S. C. CANDLER
Godfrey & Candler
i
PAY HIGHEST CASH PRICES FOR l'4
Oats, Corn and Peanuts
i
We are prepared to buy
all grains raised in Newton k
County.
OUR CORN MILL RUNS DAILY ■
We will buy your Corn for
cash grind it for for toll. I
or you
TELEPHONE 51
Godfrey & Candler
Office Across from Georgia Depot.
Before marriage, a woman’s w r eapon
I is a hat pin, after marriage, a rolling
pin.
When a youth starts to shave, he al
| ways shaves down—because that’t all
he has.
Hall's Catarrh Medicine
Those who are In a “run down” condi¬
tion will notice that Catarrh bothers
them much more than when they are ln
good health. This fact proves that while
Catarrh Is a local disease, it is greatly
influenced by constitutional conditions.
HALL’S CATARRH MEDICINE Is a
Tonic and Blood Purifier, and acts through
the blood upon the mucous surfaces ol
the body, thus reducing the inflammation
and restoring normal condition*.
All druggists. Circulars free,
i*. J. Cheney ft Co.. Toledo. Qua
Wail of the Pessimist.
“De way some o’ dis new crowd silli¬
ness carries on,” said Uncle Ebeo,
•you’d think plain common sense had
stopped bein’ respectable”
COVINGTON— 1
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TRANSFER CO.
Passengers, .Freight
and Baggage
Household Goods Moved
Phone 126
J. O. BRADSHAW
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MURINE CO.. 9 East Ohio Street. Chicago
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