Newspaper Page Text
Atlanta £ri-ttlccKln Sfourual
VOL. XXIII. NO. 9.
FarmLoanMember
Outlines Means for
Meeting Emergency
Asbury P. Lever, Congres
sional Authority on Agri
culture, Urges Legislation
. and Co-operation
The Atlanta Journal News Bureau,
623 Biggs Building.
BY THEODOHE TILLER
WASHINGTON, Oct. 18.—Co-oper
ative action on the part of farmer
producers, assisted possibly by spe
. etal legislation, is needed if the “or
derly marketing of farm products,"
Is to be made possible, according to
Asbury F. Lever, member of the fed
eral farm loan board at present and
for a score of years recognized in
the house of representatives as one
of the authorities on agriculture.
Out of the farm credit problems
Which have faced and frightened the
farmers in the last few weeks should
grow In insistent demand that this
problem should be solved in such
manner that another and similar sit
uation. will not be confronted in the
future, according to Mr. Lever. The
farmer should through a system of
orderly marketing of his crops be
assured of obtaining at least the
cost of production, and, as a secon
dary issue to the problem, the -farm
er should be assisted in making farm
life as attractive in every way as
is the life of the city, then only
will the probleni be solved, accord
ing to Mr. Lever’s opinion review
ing the present and past difficul
ties. Mr. Lever says the things that
are necessary to solve the problem
of orderly marketing are as fol
lows:
The Remedies
First, formation of a system of
short time credits; second, develop
ment of warehouses and- warehouse
receipts which will be recognized as
the best kind of collateral; third,
development of selling agencies
through co-operative action of the
farmers; fourth, development of ex
port corporations to provide for the
exportation under the Eage act of
farm
With this as a foundation, various
organizations and agencies can be
developed to tend toward ultimate
efficiency in the marketing of crops,
according to Mr. Lever.
For instance, out o- fthe develop
ment of selling agencies would grow
some kind of an efficient system of
informing the consumers what crops
are to be furnished, the character
and the price, and possibly some oth
er system of linking up the co-opera
tive selling agencies of farmers and
the co-operative agencies of the con
sumers. What legislation will be
. necessary to build this foundation
Mr. Lever was not prepared to say.
It is very possible some system of
short-time credit will have to be de
’ vised, and there are numbers of sys
tems to be suggested. It is very pos
sible also that the present farm loan
act, with slight amendment here
and there, would suffice. The build
ing of warehouses and their use is
possible under present legislation;
the farmers can form their own sell
ing agencies without legislation, and
the exportation of farm products can
be provided for under the now exist
ing Edge act.
The Main Trouble
“The trouble has befin, and is to
day, that it / takes nine months to
grow our crops, and we have expected
to market them in three months,”
said Mr. Lever. “If eggs are selling
, today at 60 cents a dozen and you tlx
a day when all the producers in your
community are to market their eggs,
you will beat down the price. So it
is with farm products under our
present system of marketing.”
Under the .farm loan act at pres
ent it is possible to lend money for
a period of six months to assist in
the marketing of crops. Mr. Lever
said this grant might be made more
helpful if the period were extended
to nine months. Also he suggested it
, might be necessary to provide special
'legislation to lend money to the pro
ducers of live stock, as his produc
tion extends over a period of as long
as three years or more, but this prob
lem, he emphasized, might be solved
if it once wa» tackled.
“We have been too prone to look
on this as the problem of the pro
ducer and to let the producer take all
the interest in It,” said Mr. Lever.
"The fact is rhat’every man is in
terested in it, as a consumer as -well
as a producer, and every man should
take an interest in it.”
Mr. Lever said the interest in the
building and use of warehouses
under the warehouse legislation
which he shoved through congfress
has been of considerable help in the
difficulties of marketing, and as this
interest is extended and the ware
houses increase in number, the prob
lem will become less acute.
• “The farmer must then get a sell
ring agency formed,” said Mr. Lever.
''••The farmer knows everything about
• producing his crop, but not much
about selling it, and he does not get
all the opportunities or advantages
out of the existing demand. He
should co-operate and go out and get
1 the best sales agent he can get to
put his crop on the market. Then he
can do without any additional legis
lation, I believe.”
The First Thing to Do
But more than anything else. Mr.
Lever has pointed out that until you
solve the problem of keeping the
young man and woman on the farm,
the problem will not be solved, and
that problem cannot be solved, he in
sists, until you assure the farmer
boy of the opportunites of education,
of sanitation, of all the improvement;
of the city. Otherwise the boy Is
going cityward, and the problem
grows more acute.
The federal farm loan act against
which there is expected to be a seri
ous drive in the next congress has
assisted tremendously, jn the opin
ion of Mr. Lever. He said that 126.000
farmers Tiad obtained loans amount-
Ing to upwards of $360,000,000 and at
t'rates of interest of 5 to 5 1-2 per
since, the act was put on the
ttatute nooks. The farmers were get
ting from $12,000,000 to $15,000,000
monthly when the act was stopped
by proceedings to come before the
supreme court.
Cotton Recovers More
Than a Cent on Sudden
Demand in Liverpool
NEW YORK. Oct. 19.—Recovery
of more than a cent a pound in the
cotton market was shown during
early trading hours here today.
December contracts, which sold off
to 17.80 yesterday advanced to 18.96
owing to the unexpectedly strong
showing of Liverpool and less ac
tive selling by southern interests,
unofficial reports from the southwest
raid holding of spot cotton was more
determined.
COLD WEATHER
MAY HELP END
ENGLISH STRIKE
\
LONDON, Oct. 20.—(8y the As
sociated Press.)—There were no new
developments today in the coal strike,
which began last Saturday. In all
the coal regions, where 1,000,000
miners have laid down their tools,
order was maintained by the strik
ers.
Great Britain’s coal mining indus
try has been almost 'completely par
alyzed. Reports of idle pits come
from all coal fields in England, Scot
land and Wales.
Sharp autumn weather prevails
over the British Isles, and belief is
expressed today that this would have
an important bearing on efforts to
end the strike.
The first untoward incident direct
ly connected with the coal strike
occurred at Ton-Y-Pandy, South
Wales, at midnight, when some young
colliers collected and started to sing
“The Red Flag,” causing the police
to intervene. Stone throwing occur
red, )>ut the crowd was dispersed.
A/considerable number of idlers
visited Whitehall, the scene of yes
terday’s rioting, this morning, seek
ing signs of the damage done to
the public buildings. The traces,
however, had been largely obliterated.
The usual police patrols were some
what strengthened, but did not inter
sere with the crowds which sauntered
through Downing street and other
thoroughfares.
Strike May Be Widened
One feature of the situation last
night, which bore possibilities of a
widening of the strike, was the pros
pect of the 25,000 London commer
cial road transport men ceasing work.
The men on Saturday night passed
a resolution declaring themselves as
fully supporting the miners. A con
ference was to have been held today
to take final action on this resolu
tion, but the meeting was adjourned
until tomorrow. Meantime orders
have been issued to branches of the
union throughout the country to have
their strike organizations prepared.
Should the transport workers in all
parts of the country walk out it is
estimated that 180,000 men would be
involved.
By an agreement between the board
of trade and the Jockey club racing
is to be suspended for the duration
of the coal miners’ strike.
Announcemerit was made last night
of the suspension of the sailings of
nearly all the passenger steamers be
tween England and Ireland. Excep
tion is to be made in the cases- of
vessels carrying the mails. The rail
roads also are beginning to restrict
their passenger service.
It was reported last night that in
the Middlesborough iron district
nearly 30.000 workers have been ren
dered idle in the iron and dependent
industries as a result of the coal
strike.
MacSwiney’s Suffering
Grows oh 69th Day;
He Refuses Medicine
LONDON, Oct. 20.—Lord Mayor
MacSwiney suffered increased physi
cal pain today, the sixty-ninth of
his fast. MacSwiney was said to
be failing mentally. He refused of
fers of medicines.
DEATH DEPRESSES HUNGER
STRIKERS; CONDITION BAD
CORK Oct. 19.—The condition of
the Irish hunger strikers in Cork
jail has become worse as the result
ot depression caused by the death
Sunday of Michael Fitzgerald, first
oi the eleven to succumb.
Joseph Murphy, who was very low
Monday, has rallied as the result of
medical treatment, but his case is
still regarded as the most critical.
Severe collapses were suffered by
two of the strikers, Donovan and
Kenny, early this Tuesday morning.
Sean Hennessy, Railly and Upton are
also m a critical state.
To prevent Irish volunteers from
marching in the funeral procession
of Fitzgerald when his body was
removed this afternoon from the
church here to Fermoy, a large force
of military surrounded the church
and six lorry loads of soldiers and
an armored car fell in behind the
mourners’ carriages following the
coffin.
In the business streets through
which the procession passed, great
indignation was expressed among the
people at the military display, fever
ish excitement prevailing.
Volunteers in long rows, clasping
one another’s hands, lined Patrick
street on both sides to make a path
for the funeral.
A dramatic scene was enacted in
the church just before the removal
of Fitzgerald’s body. The requiem
mass was being celebrated when an
army officer with drawn revolver,
accompanied by four soldiers with
rifles, forced away through the
throng in the entrance, marched up
to the altar rail and preseited the
officiating priest with a typewritten
communication from great headquar
ters, stating that the number of per
sons in the funeral procession must
be limited to 100, none of whom
would be allowed to march in mili
tary formation.
French Surgeon Will
Treat King Alexander
For Bite of Monkey
PARIS, Oct. 20.—Professor De
Bolt, of the Academy of Medicine,
one of the most skilled surgeons in
France, was en route to Athens on
a special troin today to operate upon
King Alexander, of Greece, who is
suffering from the effects of a mon
key bite.
The Greek legation here had no
confirmation of an intercepted wire
less reporting Alexander’s death. The
legation said the king was alive at
*2 p. m. yesterday.
STOPPED HER FITS
Mrs. Dellia Martin, a resident of
Wurtsboro. N. Y.. writes that she
stopped her fits with a medicine
that she read about in the paper. She
says she has not had a fit since she
took the first dose and that she
wants every sufferer to know about,
this wonderful medicine and what
it did for her. If you. a friend, or
relative, suffer from these dread
ful attacks, you are advised t> send
name and address at once to R. P.
N. Lepso. 895 Island avenue, Mil
waukee, Wis., who is generously of
fering to send a bottle of the same
kind of medicine he gave Mrs. Mar
tin, free, to any sufferer who
writes in.—(Advt.)
Bars MATCH SKILL
INART OF JUDGING
cattle ■ hogs
Adult Visitors Also Flock to
Lakewood —Grand Circuit
Races Had Auspicious
Opening Monday
Wednesday was Merchants’ Day at
the Southeastern fair and a large
number of Atlanta's business houses
closed during the afternoon, and
gave their employes a half holi
day to take in the big exposi
tion out at Lakewood. Such of the
business establishments as did not
close .. entirely arranged to give
a half holiday to as many of their
employes as possible. Atlanta’s busi
ness interests were well represented
at the fair and in conjunction with
the regular crowd of visitors from
all sections of the southeast gave
the exposition a huge attendance to
tal for the day.
Interest is centering in the judg
ing of exhibits in the various depart
ments. The judges are busy in the
cattle and swine barns, the liberal
arts building and the agricultural
building, inspecting the displays and
making their awards, while the proud
exhibitors whose animals and prod
ucts have carried off prizes are dis
playing their ribbons and medals in
prominent positions at their booths
and pens. It will take the balance
of the week to complete the judging
in the various departments, as the
number of exhibits this year far ex
ceeds anything on record in previous
years.
In Hereford cattle classes judged
on Tuesday! the farm of E. E. Mack
& Sons, of Thomasville, Ga., won
eleven blue ribbons; A. J. A. Alex
ander, of Spring Station, won
four blue ribbons; James V. Hill, of
Round Head, 0., four; James R.
Smith, of Fayetteville, Tenn., three,
and W. A. Pickering, of Kansas City
Mo., three.
In the Jersey classes, the Thomas
ville Live Stock company, of Thom
asville, Ga., won fourteen first prizes;
the Mansfield Hall farm, of Freder
icksburg, Va., won twelve first
prizes; Meadow Crest farm, of
Greensboro, Ga., five prizes; R.
S. Tippin of Acworth, Ga., two, and
Rockdale farm, of Acworth, Ga., one
The international club stock judg
ing contest, which is one of the prime
featur'es of the exposition this year,
Is well under way. In this competi
tion boys from a score of states are
matching skill in detecting the fine
points of thoroughbred cattle and
hogs. The winners will be given a
free trip to the Royal Live Stock
show in London, England, and thus
the contestants are putting forth ev
ery bit of mental energy they pos
sess to win the coveted prize. The
boys entered in this competition are
members of Boys’ clubs in their re
spective states, the contest being
under the direction of the National
Live Stock Breeders’ organization.
Boys’ Fair School
Likewise the boys’ fair school is
in full swing, with more than 200
Georgia youngsters taking instruc
tion in agriculture, animal husbandry
and kindred arts. Governor Dorsey
delivered an address before the school
Wednesday morning, speaking on
“Georgia’s Potential Resources.” The
fair school is an annual event stag d
by the Southeastern Fair association
for the benefit of the rising gen
eration of Georgians. Boys from the
various counties of the state are se
lected by _ the county demonstration
agents after a competitive examina
tion. They receive free transporta
tion to the fair and are .quartered in
a big camp near the lake under the
supervision of Roland L. Shine, as
sistant executive of the Boy Scouts
of Atlanta.
H. G. Hastings, president of the
Fair association, and professor J. K.
Giles, of the State College of Agri
culture, spoke to the boys Wednes
day on “Fairs as Educators,” and
“The Purposes of the Boys’ Fair
School.”
On Wednesday night the Fair as
sociation "executive committee will
entertain the live stock exhibitors at
a dinner to be given at the Ruse &
Cason case under the grandstand,
while on Thursday night the horse
men will be the guests of the Fair
associatjpn at a similar function.
The Grand Circuit races scheduled
for Wednesday afternoon include
several events or particular interest.
There is tliC 2:12 pace for three-year
olds, for a purse of and added
money; the 2:03 pace for a purse
of $1,000; the free-for-all trot for a
purse of $1,200, and the 2:15 trot
for southern horses for a purse of
J4OO and added money. Peter Man
ning, the sensational Murphy geld
ing, will appear again in the free
for-all trotting event.
The attendance figures for Tues
day show that 53,429 people passed
through the turnstiles. This estab
lishes a record for the Southeastern
fair, eclipsing all previous figures.
Big Bay for Kiddies
It was “School day,” and if there
wereCiny schools within a radius of
50 miles that remained in operation,
it is certain that they were attend
ed only by a fraction of their regu
lar enrollment. For it seemed as
though every youngster in the state
of Georgia had made up his mind to
come to the fair. They came in
flocks droves, coveys and swarms.
They possessed themselves of the
midway, the exhibition buildings and
every available foot of the big fair
grounds. They swamped the vend
ers of balloons and whistles, they
climbed pell-mell over the riding de
vices and brought smiles of satisfac
tion to the “hot dog” merchants who
did a land office business from ear
ly morn till dewy eve.
The children, not the parents, held
full sway at Lakewood "Tuesday,
and when, far into the night, the
crowds began to disappear, it was a
tired, but satiated phalanx of young
sters that festooned themselves upon
ihe street cars and were borne sleep
ily home to bed.
On Tuesday of last year the at
tendance was 16,826, so that the fig
ures for this year show more than
tlyree times as many people passed
through the gates.
ATLANTA, GA., THURSDAY, OCTOBER 21, 1920.
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SUDDEN RICHES
DESCEND UPON
ALERT MARSHAL
CHARLOTTE,. N. C.. Oct. 20.—The
town marshal at Caroleen, in Ruth
erford county, should worry if he
never finds a pot of gold at the end
of the rainbow, because he found a
bag of real American money at the
end of a moonbeam.
This, official, whose name cbuld
not be learned here, of the textile
manufacturing town ome distance
from Charlotte, picked up t bag
which fell from a speeding automo
bile which passed through Caroleen
in the dead of the night. He went
immediately to his Lome, so great
was his when off ilally in
vestigating the nature of the con
tents, and he and his good wife
spent the remainder of the night
counting the money, the amount of
which was $22,000.
The story is vouched for by sev
eral large textile manufacturers
who have returned to Charlotte
after a business trip to Caroleen. >
This marshall was scouting
around late in the night in the hope
of flushin ga boot-legger or two. The
whirr of speeding automobile: cam?
to his ears from a distance and he
slipped into a shadow to await
their approach. Evidentlv the driv
ers intended to stop before the post
office, across the street from the
obscured policeman, but that offi
cial had too much curiosity and ad
vanced toward, the machines. Then
the drivers stepped on he gas and
swirled away. As one turned n
corner, the official saw a bag fall to
the street, apparently unnoticed.
Soon thereafter he discover that
he was a rich man.
Seeking legal advice as to what
course he should pursue, the watch
man was told it would be proper for
him to advertise the fact he found
the money and retain possession un
til proof of ownership was given.
That proof has not been forthcom
ing, and, in fact, no one has report
ed the loss of $22,000 or even a
much smaller sum. The textile men
from Charlotte said it was pre
sumed at Caroleen that the two
speeding automobiles bore the men
who recently cracked safes at Grov
er and Waco, small towns in this
state, where relatively large
amounts were reported lost to the
robbers. t As the bag contained noth
ing except currency and coin, none
of the looted establishments seem
able to establish ownership.
Our "Newsy-Farm” Offer
Tri-Weekly Journal ) Ct E A
Weekly Commercial Appeal A. I dP H vr
Better Farming I ( ~
*—-Al| e year . j CopiQS [ .1
The price of The Tri-Weekly Journal, as
you know, is $1.50; however for a very
limited time we are going to give you
the opportunity to take advantage of the
above offer. In other words you get for the
regular price of the JOURNAL, a weekly
paper, a farm paper and a home magazine.
Can you afford to let this opportunity
slip by?
You will note that we are not allowing
any agents’ commission on this offer, which
means that since our regular commission
is 35c, this amount has been deducted
from what we would ordinarily charge,
therefore you get the advantage of a very
low price, provided you will act right now.
THE BLUE RIBBON
TWO REMEDIES FOR
COTTON SITUATION
URGEOONWILSON
Georgia’s two United States sena
tors and a majority 6f the Georgia
delegation in the national house,
meeting Tuesday, in the rooms of
Senator Hoke gmith in the Piedmont
hotel, took steps to relieve the situa
tion caused by the drop in the price
of cotton and the curtailment of
farm credits by the Federal Reserve
Banks.
They sent a telegram to President
Wilson urging two things:
1. The revival of the war finance
corporation, which was suspended
some months ago by order of Secre
tary Houston of the treasury depart
ment. The assistance of the corpora
tion is needed to finance the exports
of cotton to central Europe. It was
established for that purpose, and to
aid other exports. but Secretary
Houston suspended its work before
it got well started. ,
2. The announcement of a definite
policy by the Federal Reserve Board
in favor of liberal re-discounting by
the reserve banks in the cotton belt of
agricultural paper presented to them
by the member banks.
In addition to this telegram to
President Wilson, the meeting sent
one of similar import to Secretary
Houston. They also sent others
which are not yet to be made public.
They also sent telegrams to south
ern senators and congressmen
throughout the belt urging support
of the above requests, so as to pre
sent a united front in the present
crisis. (
After the meeting, those present
were guests of Senator Smith at
luncheon, and were to meet again in
the afternoon. Senators Smith and
Harris, Congressmen Brand, Bell,
Lee, Crisp, Lankford and Upshaw
were among those present. The con
gressmen unable to attend sent wires
authorizing the use of their names.
3 Boys Eat Dynamite;
Immune From Spanking
SPOKANE.—Three youths living
near here are probably the most dan
gerous beings alive today, according
to police department. They are lit
erally full of dynamite, having stolen
and eaten several sticks each. They
are not enjoying a particular im
munity from parental authority.
We are right frank to admit that we do
not expect to be in a position to continue
this offer for any great length of time,
so in order that you may be sure to get
it—SEND YOUR ORDER WITHOUT A
MOMENT’S DELAY.
No Agents’ Commission Allowed
COUPON
Name
P. ,0 R.F.D State....
MOTHER DENIES
THAT GOLD TOOTH
HAS DISAPPEARED
There appears now to be some
doubt as to the status of the gold
tooth in the small mouth of Eva
Catherine Lee, 8-months-old proprie
tor of that modern marvel, who has
been a vast sensation at the home of
her parents, Mr. and Mrs. John T.
Lee, 117 Ocmulgee street, for the
last month.
It is reported that the famous gold
tooth has vanished. The report is
denied by the mother, who, however,
declines firmly to allow any more
visitors, scientific or otherwise, to
peer into the baby’s mouth.
“The child has been quite sick,”
Mrs Lee told a Journal reporter
Tuesday. “She has been sick since
week before last. I think so much
excitement, and people prying open
her mouth, and that sort of thing,
made her ill. No one but myself has
seen that tooth in two weeks.”
Mrs. Lee ghntly inserted a finger in
i the child’s- mouth.
"It’s still there,” she testified. "I
can feel it.”
Mrs Lee declined to allow the re
porter to look, but said she would
consult Mr. Lee that evening and if
he thought, best she would consent
to have the baby taken to a dental
office again apd the tooth examined.
The report that the tooth had dis
appeared came from Dr. T. W.
Hughes, who went out to the Lee
home Tuesday morning with two wit
nesses.
“I wanted to examine the tooth so
I could make a report on it to the
Auto-Hemic Society, which meets in
Chicago next December.” said Dr.
Hughes. “The mother would not let
me look in the little child’s mouth.
She said it was sickt She added that
the tooth had come out the day be
fore, and that she had kept it for
a while, but had lost it.”
Dr. Hughes said it appeared that
the child had been undergoing the
not unusual illness of a baby at that
age, sometimes known as "summer
complaint.” He said it was possible
for a tooth to come out of even a
young; baby’s mouth, where the tooth
was infected, though it certainly
was not a common occurrence.
Mrs. Lee said to The Journal re
porter that someone had been there
that .morning to see the tooth, but
that she had refused to allow him
to see it.
“I really don’t remember what I
told him.” she said. “I have been
very much worried about the baby’s
health, and so many people have
been here to see the tooth that I
have lost track of who has been here
and what I said to them."
Southern Bankers
Plan Outlet for
Exports of Cotton
FRANCE DENIES
SENDING AGENT
TO SEE HARDING
WASHINGTON, Oct. 19.—Assur
ances have been given the state de
partment by Count Deßearn, French
charge here, that the .French gov
ernment hag not given authority to
anyone to approach Senator Hard
ing with suggestions that the Re
publican presidential nominee take
the lead in forming a new world as
sociation.
Calling attention to an official
denial issued bv the French foreign
office yesterday, the French charge
told Under Secretarv of State Davis
that tie was assured that the
French government had delegated
no spokesman to act for it in ne
gotiations with Senator Harding
either ‘formally or informally, of
fically or unofficially.”
The announcement of the visit of
the French charge to the state de
partment yesterday afternoon was
made today by Mr. Davis, who said
that while Count Deßearn had de
livered no formal reply to the Amer
ican note of inquiry to the French
government, dispatched yesterday, he
supposed that the assurances given
by the charge were the result of
previous communications with his
government.
Mr. Davis said he did not know
whether the French government
would content itself with the denial
issued formally yesterday at Paris
and the assurances given the state
department through the French
charge or .whether a formal reply
would be made to the formal note of
inquiry sent by the American gov
ernment, at the direction of Presi
dent Wilson.
It was further state at the depart
ment that the American government
had never had any intimation of a
desire by. the French government to
“scrap” the present League of Na
tions or to revise it.
The White House today was consid
ering a reply to Senator Harding's
explanation of his statement that
“spokesmen” of France had come to
him and asked America to lead the
way in forming a new association of
nations.
The senator’s statement was in
reply to a letter from President Wil
son. who inquired concerning the
utterance made in a speech by the
Senator at Greencastle. Ind. The
White House at the same time let
it be known that inquiries had been
sent to France*
It is believed that if the White
House comments further, its state
ments will expand on the text al
ready put forward in speeches by
Secretary of State Colby that France
and other members of the League
of Nations are prevented from form
ing a new association by provision
of Articl-' XX of the league cove
nant.
It was noted that while the Ver
sion of Senator Harding’s state
ment on which the president based
his letter quoted Senator Harding as
saying a “representative” of France
had talked to him, the notes of his
stenographer showed that the sen
ator said, “France had sent her
spokesmen to me.” It was also
noted that the senator spoke of
American citizens "deeply ’friendly”
to France as well as private citizens
nf tailfin" to him.
HARDING DENIES FRANCE
COMMITTED IMPROPRIETY
MARION, 0.. Oct. 19.—Replying to
an inquiry from President 'Wilson,
Senator Harding wrote the White
House last night that, although
France had sent her “spokesmen” to
l)im informally, asking America to
lead the way for an association of
nartions. the incident had not in
volved the French government in
any violation of international pro
prieties. . t
The senator declared that in his
reference to the subject in a speech
at Grcencastlefi Ind., recently be only
sought to convey the thought that
there had come to him “those wbo
spoke a sentiment which they rep
resented to be very manifest among
‘he French people.” He added that
his words “could not be construed to
say that the French government has
sent anybody to me.”
Referring to Mr. Wilson’s sugges
tion of impropriety in a foreign na
tion approaching a “private citizen”
on such a subject, Senator Harding
pointed out that he is a member of
the foreign relations committee as
wel las a for the presi
dency and suggested that “an in
formal expression to me is rathek
more than that to a private citizen.”
Tulane College Boys
Duck Students Who
Bet Against Team
NEW ORLEANS, Oct. 20.—Five
hundred Tulane university students
bolted classes today, captured four
of sixteen classmates alleged to have
bet on Rice institute at last. Satur
day’s Tulane-Rice football game,
conducted them to Audubon park lake
across from the campus and threw
them, fully clothed, into the water.
Two city policemen and a park
watchman at first tdisputed the
rights of the students to administer
the duckings, but yielded to force of
numbers and allowed the affair to
take place. After being ducked, the
alleged Rice supporters were per
mitted to adjourn to the gymnasium),
change clothes and resume their
work.
Three of those ducked are fresh
men medical students, S. F. Tucker,
A. M. Parsons and F. C. Shepard.
The other, Allan Vories, is a senior
in the arts and sciences college.
Twelve more students, said to have
backed with money their convic
tions that Rice would win, are being
sought, it was said. Tulane and Rice
played a scoreless tie.
Twelve-Year-Old Boy
Makes Highest Mark
At Columbia College
NEW YORK. —Columbia university
permitted Edward Hardy, twelve, to
take the entrance examinations be
"aus« “it would Oo no harm.” Hardy
made the highest grade on record.
His new skull cap denotes his fresh
mans hip.
Wheat Farmers Urged
To Stay Out of Market
PONCA CITY, Okla., Oct. 18.—All
farm organizations in the United
States and Canada have been asked
to co-operate in the request by the
National Wheat Growers association ,
to suspend deliveries of wheat from ,
farms to market at 9 a. m., Octo- '
ber 23, until such time as “the
price of good wheat is stabilized at '
$3 per bushel at the terminal mar- J
ket.”
The request was made in a
proclamation issued by the officers J
and directors of the Wheat Growers’ <
association. It was explained ?3 i
is the cost of production on a ten- i
year average yield per acre. <
Scents ▲ copy.
$1.50 A YEAK.
Huge Corporation Which Will
Finance Europe’s Needs Is
Discussed at Washington
Meeting
The Atlanta Journal News Bureau,
623 Riggs Building.
BY THEODOM TILLEB
M ASHINGTON, Oct. 20.—Means
and methods for the south to meet
its own problems with reference to
marketing the cotton crop, which
would at the same time tend to re
lieve conditions so recently complain
ed of by the producers who have been
in Washington, were inaugurated at
anjnforrnal and executive conference
of southern bankers attending the
American Bankers’ association meet
ing called by Robert F. Maddox, of
Atlanta. What appeared to be the
prevailing opinion among those at
tending the conference was for the
organization of a corporation under
the Edge law of sufficient capital to
justify large credit responsibilities,
and to use that as a means of open
ing the markets of central Europe.
With a prospective crop of 12,000,000
bales, as reported by the govern
i mont, and a carry-over of 33,000,000
bales from last year, with American
• consumption taking not to exceed 6,-
000,000 bales, • thus leaving 9,000,000
bales to be cared for through ex-
. ports or other sales, it is admitted
I by bankers from all parts of the
■ south that the problem is attended
, with more or less seriousness, yet is
one, they feel, that the south will be
' able to solve with a minimum of
loss.
' The southern bankers are arrang
i ing for a general mass meeting to
night at which they intend to discuss
1 credit conditions confronting farm
, ers, particularly growers, in
an effort to work out some plan of
‘ relief.
Optimistic Note
An optimistic note was found in
prevailing opinions about conditions
. it was ventured by some of those at
. tending the meeting that th/ south
Was far from being “broke,” and
. that it has met situations in former
. years where conditions were equal
. ly as onerous. As pointed out by
i Mr. Maddox, the south in 1914 faced
. what was thought to be disaster, yet
it weathered the storm. And he ex-
■ pressed belief that it wotfld do sn
• now. The bankers are in little mood
I to clash with the officials of the
i government over the policies thus
; far announced with reference to
; financing the agricultural produc-
• tion as sound banking principles
• are applied.
> A committee of producers late to
’ day waited upon the subcommittee
’ named by the agricultural section
: of the bankers’ association to urge
adoption of a resolution declaring
for a reduction in interest rates to
member banks and the abolition of
the graduated rates for rediscounts.
• a matter which was threshed ot.it
■ during the conferences of producer?!
! last week. The committee was not
1 asked in the statement, which it, is
' to make to the resolution committee
I' of the association, to deal with the
ed to be a matter within the scope
’ idea of revival of the war finance
corporation, since that is not deem
of the association strictly con
, strued. Those attending the in
’ formal conference of southern bank
: ers accepted the announcement of
Secretary Houston on that point
last week as being final. It is the
' disposition of the agricultural com-
I mittee, however, to confine itself to
a statement of the conditions and re-
■ lations of .agriculture to finance and
leave for the resolutions committee
of the association the adoption of
suggested remedies with reference
to the interest rates, etc., if such are
d ired.
The Proposed Corporation
It is understood that the idea dis
cussed at the conference with refer
ence to organization of a corpora
tion ’ contemplated apportioning the
capital among the cotton producing
states on the per bale basis of pro
duction. either two or five dollars
per bale. At the lowest estimate
this would mean a corporation of
twenty-five million dollars which
would be able to issue debentures up
to ten times that amount, and with
such accumulated responsibilities
attempt to meet the marketing sit
uation. Cotton, ordinarilly, bank
ers state, is handled on a ninety day
basis, but that a longer term* of
credit would have to be accorded the
European buyer, who is now either
curtailing his purchases on ( account
of internal conditions or who is out
of the market by reason of lack of
securities that are regarded as read
ily marketable.
The first condition it was pointed
out, applies pertinently to the sit
uation of England, which, while buy
ing cautiously in recent months, now
faces severe labor troubles. The lat
ter condition applies forcibly to the
central empires. The idea in its Ini
tial stage is that the large corpora- ’
tion created under the Edge law
could give close cohsideration to such
securities as Germany, for instance,
would have to offer, as well as put in
operation a workable plan by which
transactions can go forward, and
which the government of the United
States could not undertake, but
which England has to a certain ex
tent. This involves the dealing in
trade acceptances, it is stated, which
furnishes a fixed plan of operation.
The thought behind the conference,
it is understood, was for the south
ern financial interests to devise
means whereby this or a similar idea
could be brought into realization,
which would find a response in other
financial centers of America, since
cotton was the greatest of the ex
ported crops.
Death Car Driver
Is Standing Trial
On Murder Charge
Frank McDonald, driver of thd
death car which killed Mrs. Carobel
'Holley Smith in Atlanta recently,
was on trial in the criminal division
of the Fulton county supeMor court
on the charge of murder, as this edi
tion of The Tri-Weekly Journal went
to press.
The tragedy in which McDonald
figured was one of several that
brought on a wholesale campaign
against speed fiends'in the city.
Counts in the indictment against the
defendant allege that he was driving
his machine recklessly while under
the influence of liquor.
In his statement to the jury, Mc-
Donald denied that he had been
drinking and declared that if his own
mother had been the victim he Could
not have done more to avoid the acci
dent.