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GAMBLING ON THE COFFEE EXCHANGE KILLED BY BRAZIL She Bought the Surplus Crop in a Bumper Year to Prevent a Trade Disaster and Controls the Market—Price Held So Steady Speculation is Idle—Nearly 8,Q00 r 000 Bags of Coffee Held To-Day by the State Worth $10 to $11 a Bag. Transactions in options and fu¬ tures in the New York Coffee Ex¬ change have almost ceased. A year *ro the daily sales were 30,000. There was a net decline in sales, mostly speculative, of 7,414,000 bags 4uring the past twelve months as compared with the previous year. For all practical purposes it may fee said that gambling in coffee prices has ended for the time being, *ot only in New York but in Ham¬ burg, Germany, and Havre, France, where are the other principal ex¬ changes. This hag been brought about not My internal reform of coffee ex¬ changes, for traders are keen as ever, ■or by legislation, for all measures proposed at the last session of the New York Legislature to end gam¬ bling in food stuffs and stocks were defeated. i Due to Brazil’s Action. It is due solely to the remarkable periment now being made by the Government of Brazil to control, for ike benefit of her own people, the jtarplus coffee supply of the world. Some merchants in the trade call the ■ndertaking socialism, others char¬ acterize it as an example of financial paternalism, while speculators de¬ nounce It as a corner in the market, an unwarranted interference by sorernment in private business. But those importers who are allied in the aalorization scheme, as It is called, declare that it is merely a form of protection for home industry, a re¬ versal in details of operation of our •wn protective tariff. The Brazilian experiment has been 1 b operation for a year and a half, but only during the past few weeks 1 ms the full force of its operations been felt in the markets of the world. Slowly but steadily the transactions •f speculators have been squeezed down; very surely has the range of •notations in prices been narrowed and steadied, until to-day the possi¬ bility of rise or fall has been reduced to such a small fraction that there is neither excitement nor profit in •peculation. Nature smiled on Brazil in 1906 In unprecedented plenty, and the cof¬ lee crop for the year was nearly double the customary production. In the calendars of trade the coffee year «xtends from July 1 to June 30, so that officially this bumper crop is recorded as that of 1906-7. Ordinarily Brazil produces be¬ tween ten and eleven million of bags •f coffee,, or about two-thirds of the total required for the world’s con imption. She did that in the year previous and the year following the Croat yield that upset all calcula¬ tions by amounting to 20,000,000 bags, or more than enough to supply all the world, without reckoning the •atput from other countries. Faced a" Trade Disaster. To pour such a surplus into the •liannels of trade would have the cer¬ tain effect of lowering prices down lowest ebb. Coffee growing is the »rincipal industry of Brazil, It is tfae life of the country, the basis of •11 trade, the foundation of the na¬ tion’s financial operations, Coffee prices more than cut iu half meant ruin for the planters and almost vi¬ tal embarrassment to the Govern¬ ment itself. In this emergency the Government resolved to embark into commercial enterprise and become the dominant factor in the coffee trade of the world. The State of Sao Paulo produces »y far the larger part of Brazilian coffee, and the financial operations have been conducted chiefly in the ••me of its Government, although hacked by the Federal Government. It was resolved that the Government should buy from the planters their surplus coffee and hold it against possible future short crops and the increasing demand of the world. This vould prevent a glut of the market and a collapse in prices. The neces¬ sary legislation was enacted, and the Government, both State and Nation¬ al, borrowed money in the financial centres of the world to buy up the aoffee. These loans were negotiated In two ways. One form was the or¬ dinary loan from bankers for which pledged the export duties on aoffee. This was done in the case of $15,000,000 advanced by the house at Rothschild. In other cases great tercantile houses interested in the aoffee trade, such as Arbuckle Broth ars and Crossman & Sielcken, of New York, and similar firms in Hamburg London, advanced funds with tke'eofffee itself as security. All told, the Brazilian State and Rational Government obligated Giemselves for about $45,000,000, and they hold to-day, stored in ware¬ houses in Santos, Rio Janeiro, New York, Havre, Hamburg and other trade centres, nearly 8,000,000 bags of coffee, worth between $10 and $11 a bag. Thus the Government is in absolute control of the market. It not only saved a crop panic at home but obtained a power over the world’s markets that up to date has been wielded only for good. Scarcely Any Fluctuation. The legislative enactments auth¬ orizing the valorization scheme fixed the maximum and minimum prices at which the coffee should be bought by the Government, The selling price is regulated by the open mar¬ ket demand. If it falls below, the Government declines to sell; if it rises higher than cost price, then the Government will sell in order to lighten its load. In face of these conditions no spec¬ ulator can do business, for there is scarcely any fluctuation. During the year which closed on June 30 the extreme range of fluctuation on the New York Coffee Exchange for No. 7 (a standard grade) was % of a cent, as against 2 % cents the prev¬ ious year and twice as much in other years. The exchange has known cof¬ fee as low as 3 % cents and as high as 21 cents a pound. To-day it rules steady and non-speculative close to 6 cents. Of the vast amount of coffee which the Brazilian Government bought in during the winter of 1906-7 it has sold very little. Last .month it put up at public auction about 300,000 bags to establish an official price for its holdings, This was necessary in order to form a basis for the new ten year loan of $50,000,000 that is in preparation to take up all the orig¬ inal mercantile and banking opera¬ tions in connection with the coffee deal and fund them into a single Government loan. The export tax is to be inoreased from 60 cents to $1 per bag in order to provide an in¬ terest and sinking fund to wipe out the indebtedness. There Is much similarity between this coffee scheme and the demands of cotton growers in the Southern States of this country, who in recent years demanded that the Government help them carry their cotton. Like¬ wise Kansas farmers have made de¬ mands that the Government issue money based on their wheat and corn. The action of the Brazilian Government would be analagous to the United States Government pur¬ chasing the surplus wheat crop of America in some year of extraordin¬ ary yield to keep the price from fall¬ ing below some fixed figure, as 75 cents, or even $1 a bushel.—The World. The Duties of the District Leader. To Harper’s Weekly John S. Burke contributes a vivid and amusing sketch of the duties of the district leader in the New York political sys¬ tem. "Although the assertion would contain much truth,” he writes, “it would not be the whole truth to say the District Leader preserves his po¬ litical existence by his adroitness in administering the most skilfully or¬ ganized charity in New York. Pri¬ marily the Leader lives by being ‘in right’ with the organization that rules the city, and thus getting his share of ‘fat’ contracts—not to men¬ tion other sources of gain that have been used at times by the unscrupu¬ lous. The Leader keeps control of his Assembly district only so long as he dominates it absolutely. Let one election show that he cannot bring out the party vote at its full strength and his sceptre is taken from him. Long ago the shrewd ‘Leader recog¬ nized the fact that he who pays money for a man’s vote is uncertain as to the delivery of the goods pur¬ chased, and is certain to be despised by the man forever after. Whereas the politician who finds work for the unemployed, and food and rent for his family until pay day comes, is sure of that man’s gratitude. He need not worry about how the man will vote. ft Defense of the Top Hat. Its doom has been pronounced, hut it defends itself. The top hat is not much more ugly than another hat. And, above all, it is not uglier than the rest of our masculine costume. It has its peculiar qualities; it re¬ quires to be taken care of. The soft hat does not exercise our will; it lets us go, and it is wrong. Honor to the eight or ten reflections which are the last safeguard, or very nearly, of in¬ dividual energy in the civilized states. •Journal des Debats, Paris. CHOCOLATE PUDDING. I One pint breadcrumbs, one quart I milk, yolks of four eggs, two or three | squares of chocolate, season with es¬ sence of vanilla. When cold, beat the whites of the eggs light with four tablespoonfuls of pulverized sugar. Put this over the top, and place in the oven until brown. EETTER THAN BEAUTY. "Yes, she advertised for a husband and got 2,700 replies." “Gracious! She must have adver¬ tised herself as very beautiful. 11 "No, she didn’t. Stic just, said she had $700 in the bank.”—Cleveland Plain Dealer. Man and Beast Alike. Those who have suffered the agony of eye afflictions can appreciate the blessing to humanity in Dr. Mitchell’s famous Eye Salve, Introduced In this region in 1849 it is found in all well regulated homes, Not alone mankind but dumb animals know its comforts. Mitchell’3 Eye Salve, 26c. Not Cowards, the Persians. Every traveler, from Morier on¬ wards, has descanted on the physical cowardice of the Persians. But there are mysteries about the valor of Asiatics which no European historian has yet set himself to solve. It was currently said in the early eighties I among Englishmen that the Egyptians are cowards; yet under Mehemet All they defeated Turkish armies and Wahabi fanatics, and would certainly have overthrown the Turkish empire if Europe had not intervened. There are similar passages in Persian his¬ tory.—London Nation. To Drive Out Malaria ami Build Uj the System Take the Old Standard Grove's Taste¬ less Chill. Tonic. You know what yon are taking. The formula is plainly printed on every bottle, showing it is simply Qui¬ nine and Iron in a tasteless form, and the most effectual form. For grown people and children. 50c. BEATEN BISCUIT. One quart flour, put in thoroughly, one tablespoonful of lard, one tea cupful milk, one-third teacupful of water. Mix it up stiff and beat until the dough Is soft and covered with blisters. Roll out the dough on the board and cut out the biscuits. Stick them with a fork, 'bake in a quick oven. Let them be slightly browned. One tablespoonful of butter is an im¬ provement. DOCTOR PRESCRIBED CUl^JJU After Other Treatment Failed—™Fnw Eczema on Baby’s Face KaJ Lasted Three Months. “Our baby boy broke out with •eczema ■'Tv his face when one month old. One placa on the side of his face the size of a nickel was raw like beefsteak for three months, and he would cry out when T bathed the parts that were sore ana broken out. 1 gave him three months’ treatment from a good doctor, but at the end" of that time the child was no better. Then my doctor recommended Cuticura. After using a cake of Cuticura Soap, a third of a box of Cuti¬ cura Ointment, and half a bottle of Cuti¬ cura Resolvent he was well and his face was as smooth as anv baby's. He is now two years and a half old and no eczema has reappeared. Mrs. M. L. Harris, Alton, Kan., May 14 and June 1-2. 1907. WASHINGTON BREAKFAST CAKES. Three eggs, one pint milk, one pint flour, one teaspoonful of butter. Beat all well together and add two table spoonfuls of yeast. Set to rise in a warm place. Put in greased tins and bake in a quick oven. Beat the eggs light before adding them to the other ingredients. AWFUL GRAVEL ATTACKS Cured by Doan’s Kidney Pills After Years of Suffering. F. A. Rippy, Depot Ave., Gallatin, Tenn,. says: “Fifteen years ago kid¬ ney disease attacked me. The pain in my back was so agoniz¬ ing 1 finally had to give up work. Then came terrible attacks of gravel with acute pain and passages of blood. In all I passed 25 stones, some as large as a bean. Nine yearsof this ran me down to a state of continual weakness, and I thought I never would be better un¬ til I began using Doan’s Kidney Pills. The improvement was rapid, and, 6ince using four boxes I am cured and have never had any return of the trouble.” Sold by all dealers. 50 cents a box. Foster-Milburn Co., Buffalo, N. Y. NOT CALCULATED ON. (i A man should never have any se¬ crets from his wife.” “Why not?” a It isn’t the thing to do. But hasn’t he sworn to make her happy?”—Nashville American. Mrs. Winslow’s Soothing Syrup for Children teething, softens the gums, reduces inflamma¬ tion. allavs pain, cures wind colic, 25c a bottle SHINING EXAMPLES. «< I started to tell my wife about a woman who made her own fall gown.” “Well?” She capped my story with one about a man who made a million dol¬ lars.”—Louisville Courier Journal. ♦ f '' 0 ^ A *1 y * /' I*. "JENNY - KISSED ME,” TOO Sarah kissed when ^ So Kate me we and met, Dora, did and Bell So did Jane and Violet, Dolly, Ciaribel and Flora. They all liked girls:—they me pretty well. hid it! And—dear never I don’t like to kiss and tell— Still, they did it. Later in the day I met (And saluted) Maude and Daisy, And I also kissed Cozette. O, Clara, I’m Julia, Ruth Leigh and Hunt. Maisie— sorrv for ) who’ve had so many, many! — While poor Leigh’s one vaunted stunt Was with Jenny. —Richmond Times-Dispatch. MODERN LIFE. -V F I “Got much family?” “Not much. Just a pup and a rub¬ ber plant.”—Pittsburg Post. THINKING PART FOR ETHEL. Ethel—-“Let’s play house. rr Johnny—“All right; you he ma away in the country and I’ll be pa.”— New York Sun. A MAN’S COMMENT. u That’s a smart pump.” “And a smart girl wearing it. Noth¬ ing short of genius could keep that style of footgear on.”—Louisville Courier-Journal. GIVING IT TIME. Jeweler—“Is your watch all right Bow, Mr. Smart?” Mr. Smart—“Well, no, not yet; but ! it seems to be gaining, every day. __ i I Boston Transcript. THIS MIGHT STICK. i ) “Have yon made your campaign i contribution yet?” “What’s the use?” sighed the poet. “All my contributions are returned, with thanks.”-—Washington Herald. SUITABLE- ATTIRE. “I think,” said Sue Brett, “I’ll take * dip into vaudeville.” “Take a dip, eh?” commented Yorick Hamm. “So that’s why you’ve ordered a bathing-suJt rig,”—Kansas City Journal. HAVE' A CARE. “My mission in life,” said the satir¬ ist, “is to put the dunce cap on the of other people.” “Be careful,” replied his friend, you don’t catch cold.”—Phila¬ Inquirer. REGARDLESS. “It will be an expensive wedding, understand.” “Oh, it will. They rehearse every and the prospective groom a real camera at each re¬ Herald. SOMEWHAT PREPARED. “I think that young man is a candi¬ for your daughter’s heart.” “Yes,” assented the indulgent fa¬ “and I believe he’ll win out. I for a notification committee any now.”—Washington Herald. UNFRIENDLY VIEWS. Passenger Agent—“Here are some views along our line of rail¬ Would you like them?” Patron—“No, thank you. I rode the line one day last week and views of my own on it.”—Cni« News. THE GREEDY BARD. “When he was poor he was a good but prosperity ruined him.” “How was that?” “As soon as he began getting a a word, he wouldn’t stick to meter. Insisted on jamming in words. Louisville Courier BURDENED WITH WEALTH. “Did you try counting sheep for insomnia?” “Yes, doc.; but I made a mess of I counted 10,000 sheep, put ’em cars and shipped 'em to market. wad of money I got for ’em made afraid to go to sleep.”—Washing¬ Herald. A SERIOUS MATTER. “You are being mentioned promi¬ explained the politician, “for and that office of distinction.” “But that doesn’t provide me with eats, expostulated his constitu Won’t you have me mentioned some place I could get?”—Hous¬ Chronicle. NO TERRORS FOR HIM. The Angle Worm “How in the j do you escape being poisoned i the Paris green the plants are v/ith?” The Potato Bug—“Me? My boy, a faith scientist, I consider the creme de menthe, and partake Qf freely after meals.”—Judge, ""SEES?"* m m m iv.v K $ m ■mm .. ■ I * XX; If V ■v 7. •Si: HON. GEORGE W. HONEY. Hon. George W. Honey, National Chan lain U. V. L., ex-Chaplain Fourth Wiscon sin Cavalry, ex-Treasurer State of Wiscon. sin, and cx-Quartermaster General State of Texas G. A. R., writes from 1700 First St N. E., Washington, D. C., as follows: ’’ “I cannot too highly recommend your preparation troubles for their the relief of catarrhal in various forms. Some members of my own family have used it with most gratifying results. When other remedies failed Peruna proved most its efficacious curative and ] cheerfully certify to excellence.” Mr. Fred L. Ilebard, for nine years a leading photographer of Kansas City ol Mo., located at the northeast corner 12th and Grand Aves., cheerfully gives the following that Peruna testimony: “It is a proven fact will cure catarrh and la grippe, and as a tonic it has no take equal. something Druggists else have ‘just tried to good,’ make but me as Peruna is good enough for me.” Pe-ru-na in Tablet Form. « For two years Dr. Hartman and his as sistants have incessantly labored to create Peruna in tablet form, and their strenuous efforts have just been crowned with sue cess. People who object to liquid medi¬ cines can now secure Peruna tablets, which: represent the solid medioinab ingredient* of Peruna. AT LOOli^ THIS PRICE SP I* buys a Strictly High-Class I'SHGHT SEWING ! [PREPAID TOYOfflb MACHINE Simon GUARANTEED 30 YEARS And has all the up-to-date improvements that every lady appreciates. It is splendidly built of finished. thoroughly Has dependable elegant material Leaf and handsomely Oak Drop ^Drawer Cab¬ inet, complete Set of Attachments, full irigtriw tions how to uae them, and the outfit will be sent you “Freight Free" on O DAYS FREE TRIAL We salt DIRECT at ONE B PROFIT, Having you the B Jobber's, Retail eHs and 1 0 Agent’s profits and apU / ing expanses, & exactly they 2T 1 the saiDG machine 0 will ask you $80.00 for. Send at ON op for OUR I 1 BIG NEW FREE § SEWING MACHINE CATALOGUE * | ® sfcructive- Most complete book and of its $ ■ character- ever pnbiish- pact* ^^jJk ■ ed in the Strath.. It ures'and:describes- every of the greatest lino of positively part Eigh-Grade and; particular Sewing Machines ever offered,. We are the largest Sewing Machine distributors-in the South,, and. at prices asked.for qua lity guaranteed, our Machines are un matchable . This catalogue describes and rooking prices high-grade Pianos, Organs, Steel Ranges, Dinner and Stoves, Heating Stoves, shipments,, Phonographs, and Toilet Sets. Prompt safe deli back. very satisfaction guaranteed, or your money MALSSY, SHIPP & C©„ Dept, B.. 41 S. Forsyth Street, ATLANTA. GEORGIA If you must make your mark, use it will rub off. Constipation and Biliousness. Constipation sends poisonous matter through the body. Dull headache, Stomach, Feted Breath, Bleared Eyes, of Energy and Appetite are the surest of the affliction. Youso’s Lwkh Pills cure constipation. They awaken sluggish h'vo.' to better action, cleanse bowels, strengthen the weakened parts, Price appetite and aid digestion. from cents from your dealer or direct laboratory. Free sample by mail to any .1. aT. Young, Jii.. Wayeross, <J a . One’s umbrella is always in the place when a sudden shower up. TESTING PAINT. Property owners should know how prove the purity and quality of lead, the most important paint before paying for It. In who write, National Lead Co., largest manufacturers ot purt? lead, send a free outfit with to make a simple and sure test white lead, and also a free book parlnt. Their address is Wood Bldg., New York City. The man who goes into politics for there is in it doesn’t get lone¬ TETTERINE—A RELIABLE CURE Tettekine is a sure, safe and speedy diseas eczema, tetter, skin and scalp physicians, ^ itching plies. Endorsed by a 1 by thousands who have u - at • soothing, antiseptic, Sect or by mail from J. T. ept. A, Savannah, Ga. Memory is that which will not P er " us to forget unpleasant things Capudine Cures Nervousness, tired out, worried, overworked, ana or not. It refreshes the brain It’s Liquid and pleasant to tane. 25c., and 50c., at drug stores. The race riots out west prove, to Atlanta Constitution, that this ° is pretty .much the