Newspaper Page Text
The Fitzgerald Leader.
E. L. HANES, Editor and Proprietor.
PUBLISHED iVERY FRIDAY.
$1.00 Per Year.
Entered as second-class matter; September
24. 19u9. at the post office at Fitzgerald. Ga«,
under the Act of Congress of March 3, 1879.
ADVERTISING RATES:
Rates for Display Advertising
furnished on Application.
Local Readers 5 cents the line
for each insertion. No ad taken
for less than 25 cents.
Official Organ of Fitzgerald
Are you suffering fiom spring
fever? If so try to forget it.
Alabama, at the polls Monday,
for the second time repudiated
state wide prohibition, and voted
for local option. It is thought
the next legislature will so legis¬
late.
The insurgents in congress are
making it so hot for President
Tuft that he finds it necessary to
make frequent jaunts over the
country to get away from Wash¬
ington and congress.
Ex-Governor Smith told that
Cobb County delegation that he
would determine the question as
to his candidacy for governor again
in a very short time. We expect
it will be a battle between “Little
Joe” and “Rig Hoke’' again.
The warm—yes hot—weather
we have had this week is indeed
in striking contrast with that
dished out to us last week, when
in north Georgia considerable
snow fell and in this section the
atmosphere was heavy enough to
make overcoats feel good.
Wednesday was a busy day in¬
deed for the candidates and their
frie .ds. The Australian, or secret
ballot, was enforced and worked
well. The executive committee
acted wisely when it adopted this
system, and it is probable the
Australian ballot will be used in
future county primaries.
If the census enumerator has
not seen you hunt him. Fitzger¬
ald has several thousand inhabit¬
ants, and everyone should see that
he and his family are enumerated,
that the world may know our
population. It is to the best in¬
terest of our town that a full and
true enumeration be made.
It seems impossible to stir up
state politics. Efforts have been
made to boom various candidates,
but all have fallen flat. Chairman
Hall, of the state executive com¬
mittee says the committee will
probably meet the latter part of
May, and the primary will be call¬
ed for about August the 15th.
If the southern farmer will
raise grain and meat in abundance
he will be master of the situation,
and largely instrumental in solving
the problem of high prices of life's
necessities.
Atlanta and a goodly portion of
the state have been enjoying Grand
Opera this week. Several of the
most celebrated musicians of the
world i re there and music lovers
have had a veritable feast.
With the advent of May we
have ideal weather for the glow¬
ing crops. It appears that the re¬
cent cold weather was not so dis¬
astrous as at first reported. W bile
a large acreage of cotton will have
to be replanted, it is in spots, and
it is not too late to plant. In fact
many large and successful farmers
say the best time for planting cot-
ton is between the lust and tenth
of May.
Attention is directed to the au-
vertisement in this issue of the
Exchang 1 National Bank, which
one of the strongest banking insti-
tutions in this section, and which
gives m : v good reasons in the
ad why it. should be patronized.
The Cotton Exchanges
FROM THE CHARLOTTE TEXTILE
MANUFACTURER.
There can be no question that
the South and particularly the
Southern cotton manufacturers
resent action of Attorney-General
Wickersham in going to the re¬
lief of the bear speculators by
starting an investigation of the
alleged bull pool.
While we consider his action as
entirely unjustified we believe it
will do much towards crystali/ing
the sentiment against the New
York Cotton Exchange.
It seems to us that the cotton
manufacturing interests have too
long paid the price of allowing
that organization to exist in its
present form and the time has
come for some action by Congress.
The cotton manufacturing in¬
dustry needs stability of price or
at least prices based upon supply
and demand.
The New York Cotton Exchange
needs vibration in price and their
effects all tend towards creating
unrest and unsettled conditions in
the price of cotton and cotton
goods.
A crowd of men, some of whom
have never seen a bale of cotton,
gather around a little ring in New
York and hurling paper bales of
cotton at each other, play the
game and the cotton manufactur-
ing interests pay the price.
They are parasites, who add
nothing to the wealth of the
try and live by the misfortunes
of their fellowmen.
They claim to be cotton mer-
chants, but only an infinitely sold'across small
percent of the bales
the exchange are ever delivered or
intended to be delivered.
The two great weapons of the
New York Cotton exchange are
“dope” and “low grades.”
“Dope” is the common name
given to the “opinions,” which
many of the houses send out daily.
The object of “dope” is not
really to give an opinion of the
market, but is for the purpse of
creating the wrong impression in
the minds of outside speculators
in order that they may trade up¬
on the wrong side.
The South is dotted over with
the financial graves of those who
have paid heed to the “dope”
sent out by those who occupy
seats upon the exchange.
The people who have traded
upon the New York Exchange
and lost would form a solid pro¬
cession from Charlotte to New
Orleans, while those outsiders who
have traded and won could all find
standing room in the little ring
around which the members trade.
Can a game be on the square
which shows such a percentage?
The second weapon of the New
York Cotton Exchange is low
grade cotton, and with this the
spinner is chiefly concerned.
It is claimed that the object of
allowing low grades to be delivered
on contracts is to furnish a market
for low grades, but we fail to see
why it is necessary for the New
York Exchange to furnish any
such fictitious market.
The real and only object of per¬
mitting low grades to be delivered
is to make it dangerous for spin¬
ners to take up cotton upon con¬
tracts which they have bought.
The spinner can, therefore, be
“run out” when delivery time ap¬
proaches and those inside the ex¬
change profit thereby.
Seven years ago Theo. Price
entertained the board of governors
of the American Cotton Manufae-
turers' Association and a commit-
tee of the New York Cotton Ex-
change at a dinner at the New
Willard Hotel, at Washington, D.
C.
H ith all his faults, it. must be
admitted that Price has brains,
nd in an address at that dinner
. Le pointed . , , out , what , , the Exchange ,, ,
could do if they wished to furnish
an honest contract,
He told them that they should
out all grades below “strict
low middling" and that they should
make three or more places in the
Ninth delivery points for -New
'lork Exchange contract, with the
THE FITZGERALD LEADER, FRIDAY, MAY 6, 1910
seller’s privilege of delivery to or
from any of these points.
These changes by the New York
Exchange would furnish a legiti¬
mate and honest contract, in which
spinners could tiade and in which
the outsider could speculate with
some chance of success.
These changes have never been
made, because the New York Cot¬
ton Exchange does not desire to
furnish an honest contract.
The time has come now for
action by the exchange looking to
giving a legitimate contract, or
for action by Congress looking to¬
wards the abolishment of the ex¬
change.
Have You Seen
The Comet Yet
Halley’s cornet continues to be
a subject of much discussion—not
only by the newspapers—but
many of our citizens are interested
in the strange phenomenon and
eagerly devour all the imforma-
tion the can obtain concerning - it.
For the past two weeks, + 'our
o’clock in the morning has found
many bald heads peering from the
window or back door, no doubt
straining their eyes in an effort to
locate the mueh-talked-ofluminary,
which is supposed to be visible at
that time in the eastern skies: and
several state that they have seen
it, but the majority failed to single
it out.
However, from all accounts, it
will be only a few days before the
I comet, with its sweeping, lirery
| tail, will appear every afternoon
j in the western skies just before
sunsefc -, The crisis will be on May
18th when the earth will leap
through the tail of the comet
Considerable alarm in some
quarters has been expressed con-
corning this "grand final.” but
according to the theory and belief
of the wiser scientists there.is
absolutely no ground for uneasi¬
ness, and the world will continue
to go around just the same after
the 18th of May as it has before.
Vote of Indi&nation
By Blue And Gray
The Pine and Gray Association
at their meeting Wednesday *>
passed a unanimous vote of indig-
nation for the manner in which
comrade Littlefield was buried
It was also unamiously voted by
the Association to purchase
cemetery lot in which to bury old
soldiers who die leaving no one
to look after their funeral arrange¬
ments. The members of the
association expressed themselves
as being in favor of removing the
bodies of Comrades Littlefield and
Mann from their present resting
places to the lot which they will
purchase. The members take
this action in order to insure a
decent burial for any of their
number who die, in future.
Association At Wednesday’s meeting, the
voted to celebrate the
Fourth of J uly with a basket picnic
and election of officers at the Blue
and Gray Park.
Lost
Owner of umbrella which was
left at the polls Wednesday can
get same by calling at this office
identifying umbrella and paying
for this ad. 33 tf.
ANNOUNCEMENTS.
FOR REPRESENTATIVE.
I hereby announce myself a candidate
for Representative in the State Legisla¬
ture from Ben Hill County, subject to the
White Primary to be ordered, and re¬
spectfully solicit the support of all.
W. T. Paulk.
To the Voters of Ben Hill County:
l hereby announce myself as a candi¬
date for Representative from Ben Hill
County, subject to the White Primary.
1 do not ask for the office under any
claims to a right of hereditary succession:
nor by reason of any former trade or
combination by which this high office
may be farmed out to successive candi-
dates: nor do I ask a vindication at your
hands on account of any past failure to
recieve your endorsement at the polls.
If my record as a citizen and my loy¬
alty to Fitzgerald, and my county and
state for the past fourteen ye?rs, merits
your approval, 1 will sincerely aprreciate
y° ,Jr support, and if elected 1 pledge my-
S3, | to represent the whole People, who
j will be t*ken into my confidence in all
maUers o' legislation affecting their in-
terest. Respectfully.
D. B. Jay.
t ' v! ' 00 UN r^SUrtOOL
1 Hereby announce myse.f a candidate
.
ject to y* White Priirary to bo ord3red .
C. W. Batson
To the Voters of Ben Hill and Adjoin¬
ing Counties and Others:
We respectfully announce ourselves as an
abiding Candidate for your Patronage and Support.
OUR. PLATFORM
Get all the Deposits we can HONORABLY
and handle them SAFELY.
Lend our money in the territory first from
whence these deposits come, and if we have more
to lend we will extend our aid beyond this territory.
Lend only to people who can make us such
notes as are absolutely safe.
Lend only to such people as are deserving and
not enrichment. to a greedy few for the purpose of their self¬
There are now more deserving people around
us needing a bank’s aid than all the banks combin¬
ed can serve, and it is the practice of only the reck¬
less and unsafe banker to lend to the undeserving,
to the speculator or to the man of great venture.
i ■■ ■■■■■aRBanaraBgquacii.njcaauEagaiLC* rxvcmzaasssamaaekJBSza xmaKw mmnamaa mmmt m am a ———b
We regard each deposit as a vote of faith and
confidence in us and further proof of our satisfac¬
tory dealings with the public; and having nearly as
combined many deposits as ail other banks in the county
ourselves we regard this fact as proof satisfactory
to of our exceedingly high standing
among bank patrons. We are thankful for this
large patronage which puts us in this happy atti¬
tude before the people.
We delight to aid the farmer, the merchant
and all other legitimate lines of business and de¬
serving individuals.
We are just as liberal in rates as any bank in
the South, respective of supply of money.
We will always welcome new accounts and
make it easy for any person to learn to operate an
account.
We operate a SAVINGS DEPARTMENT
in which the saver gets interest on his money com¬
pounded four times a year.
tion We of the have the largest SURPLUS in this sec¬
state, and all informed people know
that bank SURPLUS is proof of strength and
prudent management.
We are growing fast, daily receiving new ac¬
counts, and as we develop in strength and resources
promise of this to grow more helpful in the development
prosperous young section.
The UNITED STATES of AMERICA
deposit this GOVERNMENT moneys with us, and
is further great proof of our strength.
We invite you to deposit yours in this same
strong bank.
EXCHANGE NATIONAL BANK
R. V. BOWEN, President. J. E, TURNER, Active Vice-President
J. D. DDRMINEY, Castlisr,