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THE ATLANTA GEORGIAN AND NEWS.
rfHUIlSDAY, MAT 30. 1807.
Eiseman Bros.
The Old Reliable Manufacturing
Established Clothiers.
1865.
“Not Yet, But Soon"
R
EFERENCE to' the
weather— '
Not as hot as it
might be—
But
Grilling days are just
ahead—
Get your summertime suit
at Eiseman Bros, while the
season’s choice is in full
bloom—
The “Two Piece” is going
to claim another triumph—
The “Big Store’s” models
of this popular vogue are all-
“Triumphs” of the tailoring
art—
These handsome Ready-
suits for men embody the
highest type of tailor-skill,
graceful fashioning, superb
finishing and the choicest
patterns, newest colors, and
loom effects in the illusive
shadow and overplaids.
Serges, Worsteds, Crash
es, Flannels.
Single Breasted, two and
three-button sack, $10 to $30
Double Breasted
$12.50 to $30.
Sack,
Eiseman Bros.
11-13-15-17 Whitehall,
Atlanta.
Baltimore, Md.
Washington, D. C.
RIBBON BOW
WILL BE USED
IN CAMPAIGN
Continued from P.yn One.
Since that time, until four year* ago. It
wo* thought by' the people that the
Bartow county local option law waa
valid and constitutional, but on account
of a wine clause In the law, the su
preme court of Georgia declared It un
constitutional. Although the people
knew that they had no protection by
law against the liquor traffic, during the
life-time of Rev. Sam Jones there was
a moral sentiment kept alive here that
would have made It a hard matter for
nnyone to have established himself In
the liquor business In this county.
It we* after the Bartow cose was
decided by the court of appeals that a
number of the prohibitionists In the
county decided to call another election,
and the ordinary was petitioned to call
the contest for June 20, at which time
the people will have a chance to say
whether or not they want the county
wet or dry. Since liquor was voted out
of the county, Cartersvllle has more
than doubled Its size and the taxable
property of the city and county has
been tripled.
DUG IIP BY POLICE;
DOG GAVETHE CLEW
Believed To Have Been Bur
ied by Manager of a
Baby Farm.
Baltimore, May 20.-Tho bodies of flftr
babies bars been unearthed near Klllcott
City. They are believed to have been In
terred bjr some one running a baby farm.
Th police expect to round tbe manager
of tbe farm up witbln tha next twenty.four
A dog gave tbe clew. Be was seen dig
ging lo the eartb some days ago. and
aroused tbe suspicions of the neighbors.
PRES. ROOSEVELT’S IDEAS OF
FEDERAL CONTROL OF ROADS
Absolute Federal control.
Power to take action to maintain highest efficiency.
Place roods on practically the same basis as national banks.
Power to exercise supervision over future Issuanco of stocks and
bonds, thus preventing ovcr-capltallxatlon.
Frank publicity of everything which the public has a right to know.
Squelch manipulators of railroad stocks.
. Devoto credit of railroads to betterment and development of proper
ties.
Prevent control of parallel and competing lines.
Complete physical valuation of all railroads by the government, thus
guaranteeing the public against Improper multiplication of securities.
Effectively prohibit rebating.
Let local railroad attorneys keep out of politics and let those who
appear before legislative bodies bo listed on a special register with their
business above board and open.
Demand honesty of all public servants
Jail the corruptionist and hunt out the blackmailer.
ROOSEVELT FOR
ABSOLUTECORTROL
Continued From Page 1.
the honest railroad manager, we should
seek to discourage the activities of the
man whose only concern with railroad*
Is to manipulate their stocks. The
business of railroad organization and
management should be kept entirely
distinct from Investment or brokerage
business, especially of the speculative
type, and the credit and property of
the corporation should be devoted to
the extension and betterment of Its
railroads, and to the development of the
country naturally tributary to the lines.
Fundsmsntal Principles.
These principles are fundamental.
Railroads should not be prohibited from
acquiring connecting lines, by acquir
ing stocks, bonds, or other securities of
such lines: but It Is already well set
tled as contrary to public policy to al
low railroads to acquire control over
parallel and competing lines of trans
portation. Subject to first giving to
the government the power of super
vision and control which I have advo-
cated above, the law should be amend
ed so that railroads may be permitted
and encouraged to make traffic agree
ments when these are in the Interest of
the general public as well as of the
railroad corporations making them.
These agreements should, of course, be
made public In the minutest detail, and
should be subject to securing the pre
vious assent of the Interstate com
merce commission.
Movement Com* to Stay. ■
The movement to regulate railway*
by law has come to stay. Every hon
estly managed railway will gain and
not lose by the policy. The men more
anxious to manipulate stocks than to
make the management of their roads
efficient and honest are the only ones
who have cause to oppose It.
We seek nothing revolutionary. We
would be the first to protest against
any form of confiscation of property,
and whether we protested or not, I msy
add that the supreme court could be
trusted In any event to see that there
should be nothing dons under the guise
of regulating roads to destroy property
without Just compensation or without
due process of law. Our aim Is pri
marily to prevent abuses In the future.
Wherever evildoers can be. they shall
be. brought to Justice; and no criminal,
high or low, whom wo can reach will
receive Immunity. But the rights of
Innocent Investors should not be Jeop
arded by legislation or executive ac
tion; we sanction no legislation which
would fall heavily on them. Instead of
on the original wrongdoers or bene
ficiaries of the wrong. Ws would be
the first to oppose any unreasonable re-
strlctlons being placed upon the Issu
ance of stocks and bonds, for such
would simply hamper th* growth of the
United States; for a railroad must ul
timately stand on Its credit. But this
does not prevent our demanding that
there be lodged In the government pow.
er to exercise a Jealous care against the
Inflation of securities, and all the evils
that'come In It* train. The man who
builds a great railway and those who
Invest In It render a great public serv-
Ice; for adequate transportation facili
ties are a vital necessity to ths country.
In so far as the law Is concerned, all 1
ask of the officials Is a willingness to
comply fully with Its spirit, and
them. The Investing public was ready
to back with unlimited confidence the
Institutions on which the federal gov
ernment had set the seal of Its con
fidence and approval.
The railways have not been given
this certificate of character, under the
seal of the national government, and
therefore many people who Invest
freely In the shares of banks are re
luctant to buy railroad securities. Give
them the same guarantees as to rail
road securities which- we now give
them as to national bank shares, and
wo would presently see these people In
vesting In railroads, and thus opening
a new reservoir from which to draw
the capital now sp much needed for
the extension and' betterment of the
railroads.
Prevent Abuse of Power.
As far as In my ability lies my en
deavor la and will be to prevent abuse
of power by either and to favor both
so long as they do well. Most cer
tainly there will be no relaxation by th*
government authorities In the effort to
get at any great railroad wrecker—any
man who by clever swindling devices
robs Investors, oppresses wage work
ers and does Injustice to the general
public. To confer upon the national
government the power for which I ask
would be a check upon over-capitaliza
tion and upon the clever gamblers, who
benefit by over-capitalization. But It
alone would mean an Increase In the
value, an Increase In the safety of the
stocks and bonds of law-abiding, hon
estly managed railroads, and would
render it far easier to market their se
curities. I believe In proper publicity.
The administration Is responsible for
turning on the light, but It I* not re
sponsible for what the light showed. I
ask for full power to be given the Fed
eral government, because no single
state can by legislation effectually cope
with these powerful corporations en
gaged In Interstate commerce, and.
while doing them full Justice, exact
front them In return full Justice to
others. The conditions of railroad ac
tivity. the conditions of our Immense
Interstate commerce, are such as to
make the central government alone
competent to exercise full supervision
and control.
Better Transportation.
The great need of the hour, from the
standpoint of the general public—of the
f iroducer, consumer and shipper alike—
• the need for better transportation
facilities, for additional tracks, addi
tional terminals and Improvements in
the actual handling of the railroads;
and all this with the least possible de
lay. Ample, safe and rapid transporta
tion facilities are even more necessary
than cheap transportation.
There must be Just and reasonable
regulation of rates, but any arbitrary
and unthinking movement to'cut them
down may be equivalent to putting a
complete stop to the effort to provide
better transportation.
There can be no question as to the
desirability of doing away with rebates
or any method of favoring on* shipper
at the expense of a competitor, and di
rect dealing with the rates Is some
times the only method by which this
favoritism can be avoided; but where
favoritism I* not alleged, and when
the question Is nakedly one of getting a
lower rate. It must be remembered that
It Is often possible that those demand
ing It. may be diametrically opposed In
Interest to those who demand a better,
STEINWAY
KNABE
EVERETT
HARDMAN
FISCHER
ON EASY PAYMENTS
PHILLIPS & CREW CO.,
37-39 PEACHTREE STREET.
SOLE AGENTS IN THIS SECTION.
...... ibr r .
ed to hid* a previous crime.
protmblj murder*
*HOGLESS-EARD*
A vegetable lard, without any hog-fat in it. Made
of purest, refined, deodorized cotton seed oil, under
Wesson process. Odorless and tasteless..
For bread, biscuit and fancy pastry baking, frying
meats, fish, pbtatoes and d6ughnuts, and as a substitute
for butter, it is the purest and healthiest cooking fat,
requiring only three-quarters the amount to attain the
same results as from the use of butter. Appea s to
housewives from economical and healthful points of
view. Will not take on odor of fish, onions or any
thing else. Will not soak into or become absorbed
by anything cooked in it.
SOLD EVERYWHERE
The Southern Cotton Oil Co.
New Orleans
readiness to move along the lines In
dicated by those who ere charged with
administering It. „ ,
United States Valuation.
Ample provlelon should be made by
congress to enable tbe Interstate com
merce commission, by the employment
of a sufficient force of experts, to un
dertake the phyelcal valuation of each
and any road In the country, whenever
and so soon as In the opinion of the
commission such a valuation of any
road would be of value to the commis
sion In Its work. , . ,
At tbe outset, let It be understood
that physical valuation Is no panacea;
it I* no sufficient measurement of a
rate: but If will be ultimately needed
as an essential Instrument In admin
istrative supervision. It will be of use
to the commission In connection with
the duty of determining the reason
ableness of future capitalisation, both
as one element to enable such a body
to come to a right conclusion In the
matter, and also as an element to be
placed before the Investing public, to
enable this public In Its turn to reach a
conclusion; though, of courts, capitali
zation must be determined In large
measure by future need rather than
past investment. Such .a valuation
would necessarily help to protect the
railroads against the making of Inad
equate and unjust rates, and would,
therefore, be ms Important from the
standpoint of the protection of the
railroads as from the standpoint of the
protection of the public; and, of course,
It Is necessary to the enduring pros-
peiity and development of the country
that th* railroads shall yield reasonable
profits to Investors.
. Effect of Valuation.
Ths effect of euch valuation and eu-
pervislon of securttlea can not be re.
troactlve. Existing securities should
be tested by the laws In exlatence at
at time of their Iseue. But the public
Interest requires guaranty against Im
proper multiplication of securities In
the future. In providing against over-
capital Ixatlnn we ehall harm no human
being who Is honest; and we shall ben.
eflt many, for overcapitalization often
means an Inflation that Invites busl-
ness panic; It always conceals the true
relation of th* profit earned to th* cap
ital Invested, creating a burden of In
terest payments which may redound to
th* loes alike of the wage earner and
the general public, which I* concerned
In the rates paid by shippers; It dam-
ages the small Investor, discourages
thrift, and pula a premium on gambling
and business trickery.
On Nationsl Bank Basis.
Ko state, of course, can do for the
railways what the national government
has already done for the banks, and
that government should do something
analogous for the railways. National
bank stocks are bought and told large,
ly -on th* certificate of character ■
service, and higher wages
lea. If thr
gher wages, for short-
>lo
the demand for
■re taxes, for higher wagee, for short-
hours for employees, and for lower
rates becomes so excessive as to pre
vent ample and speedy transportation
and lo eat up tha legitimate profits; If
popular and legislative movements take
a shape ao Ill-directed as not only to
threaten honest Investments end honest
enterprises, but also to prevent any ef
fort for the betterment of transporta
tion facilities, It then become* out of
the question to secure the necessary
Investment of capital In order to bring
about an Improved service.
Qlv* Shippers Cart.
Rates should not be unduly high;
there should be a thorough safeguard
ing against accidents; the shlpers of the
country must bo supplied generously
with cars and all other equipments
necessary to properly care for our com
merce, and all thf* means that the
national government must be given fuH
and effective power of supervision and
control. But the Interests of those who
build, who manage, and who Invest In
the railroads must be no less scrupu
lously guarded than the Intereets of the
public. It Is urgently necessary at the
present time. In order to relieve the ex
isting congestion of business and to do
away with the paralysis which threat
ens our expanding Industries, because
of limited and Inefficient, means of dis
tribution. that our railway facilities
should be so Increased at to meet the
Imperative demands of our Internal
commerce. The want can be met only
by private capital, and tho vast ex
penditure necessary for euch purpose
will not be Incurred unless private capi
tal Is afforded reasonable Incentive and
protection. It Is therefore a prime ne
cessity to allow Investments In railway
properties to earn a liberal return, a
return sufficiently liberal to cover all
risks. We can not get an Improved
service unless the carrier* of the coun
try can sell their securities; and there
fore nothing should bo done unwar-
nntedly to Impair their credit nor to
decrease the value of their outstanding
obligations.
Not Physical Opsratlon.
I emphatically believe that positive
restraint should be Imposed upon rail
way corporations, and that they should
be required to meet positive obligations
The First
Dividend
Many n capitalist of today re
ceived bis first dividend years ago
in the form of interest on a mod
est little savings account.
When you start a savings ac
count you can never tell what it
will lead to. It’s a sound founda
tion for the erection of a suc
cessful career in any degree, from
a moderate competence to an in
dependent fortune.
You.
ou can open an account m our
Savings Department with a dollar,
or as much more as you like.
4%
x. a. COX ii 00., Distributors, Atlanta, Ga.
Interest compounded twice a year.
Central Bank &
Trust Corporation,
Candler Building,
aminatioas n <md' supervision, give# lo Branch Cor. llitchell and Forsyth.
It Is plainly Inadvisable for the govern
ment to undertake to direct the phyal
cal operation of the railways, save In
wholly exceptional case*, and the eu-
K rvlslon and control It exereleea should
both entirely adequate to secure Its
ends, und yet no more harassing than
Is necessary to secure these ends.
I believe that the railroad men of the
.United States are coming to a more
perfect sense of the responsibility of
the relation which they bear to tha
public, and of the dignity of that rela
tion. They are public servants In lb*
highest and fullest sense. We begrudge
neither honor nor reward to these men
to whom we entrust our live# and our
property. For several month# past
some. If not all, of our road* have been
In a condition of extreme congestion.
Doubtless this Is mainly due to the fact
that the country haa outgrown Its rail
roads, that our prosperity ha* Increased
at such a rate that the most sanguine
and optimistic railroads have been un
able to keep pace with Its growth.
I believe that there Is sufflclsnt In,
genulty and executive genius In the
operating official# of th# road* greatly
to diminish the troubles complained of.
Rebating 8topp*d,
The admirable national legislation
of recent yeara. In taking away from
the railroad* th* power of giving Ille
gal favor, haa taken away from them
one of the Illegitimate methods by
which they used to protect themselvee
from Improper attack; and It I# there
fore necessary that upright public eery,
ante should be as vigilant to protect
them against harm as to prevent them
from doing harm.
Finally, friend#, let u# neVer forget
that this Is not merely a matter of
business but also a matter of morals.
• Let the local attorneys of the big
road* keep out of politics; and when
they have to appear before the national
or any state legislature let their name*
He put on a special register, and let
their business be aboveboard and open.
There are blackmailers In public life, -
and the cltlsen who It honest will war
against the men who tries to blackmail
a railroad or a big qgrporatlon with the
same determination to punish him as
against the man who corruptly favors
such ~;'- u . ncinB p<litlM .
' Let the big railroad man scrupu
lously refrain from any effort to In
fluence politics or government save a*
It Is the. duty of every good cltlsen In
legitimate way* to try to Influence pol
itics and government; let th* people as
a whole.' In their turn, remember that
It Is their duty to discriminate In the
sharpest way between* the railway man
who does well and th* railway man who
does III; end, above ell. to remember
that the Irreparable moral harm done
to tbe body politic by corruption la
Just as great, whether th* corruption
takes the form of blackmailing a big
corporation or of corruptly doing It*
bidding. What w# have to demand In
ourselves end In our public servants Is
honesty—honesty to all men; and If
we condone dishonesty because w*
think It is exercised In th* Interests of
the people, we may rest assured that
the man thus showing It tacks ouly th*
opportunity to exercise It against the
Interests of the people.
Corporations Ficklt.
The man who Is on occasion a cor
ruptionist, Is apt, when the gust of
the loudest, most reckless, and
most violent among those who de-
> nounce them. Hunt such a man out of
public life. Hunt him out as remorse
lessly If he Is u blackmailer as If he
stands corruptly for special privilege.
Demand honesty—absolute, unflinching
honesty—together with courage and
common sense, In public servant and
In business man alike. Make It evident
that you will not tolerate In public life
a man who discriminates for or against
any other, save as Justice and reason
demand It; and that In your attitude
toward business men. toward the men
who are dealing with tho great finan
cial Interests of the country, while you
Intend to secure a sharp reckoning for
the wrongdoers, you also Intend heortl.
ways are doing good work In tho bus!-1
nea* community—the railway preol- |
dent, the traffic manager, or other of
ficial, high or low, who Ih doing all In :
hla power to handle his share In a vast j
and complicated business to the profit I
alike of the stockholder and the gen- j
cral public.
Millionaires Trustees.
Let the man of great wealth remem
ber that, while using and enjoying It.
he must nevertheless feel that ho la In
a sense a trustee, and that consistent
misuse, whether In acquiring or spend
ing his wealth, Is ominous of evil to;
himself, to others who have wealth,
and to the natron as a whole. As for
the rest of us, let us guard ourselves
against envy ua we ask that others
guard themselves against arrogance, I
and remember Lincoln's words of kind- j
ly wisdom; "Let not him who Is,
houseless pull down the lmuae of an
other, but let him work diligently and
build one for himself, thus by example
assuring that his own shall be safe
ly to favor the men who In legitimate from violence whop built."
The butterflies
Are yellow,
The flowers are
Awful gay,
Why shouldn’t
Every fellow
Come out
In glad array!
Its time to take the hint that nature gives you.
Clothe yourself anew. You can't enjoy the fresh
ness of Spring unless you yourself blossom out in
fresh, new clothes.
A soft gray suit will make you feel ‘‘new."
You can choose from many shades and designs.
$15.00 to $40.00.
Or the ‘‘always right" blue serge
$15.oo to $35.oo.
MUSE
3-5-7 Whitehall Street