Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, December 03, 1907, Image 1

Below is the OCR text representation for this newspapers page.

1 the weather. For Atlanta and Vicinity—Fair tonight and Wedneaday! no change In temperature. The Atlanta Georgian AND NEWS SPOT COTTON. Liverpool, steady, 3.23; Atlanta, stondy, 11%; Now Orleans, steady, 11%; New York, steady. 1L70; Savannah, steady, 11 1-16; Augusts, firm. 11 MS; Mobile, Arm, 11 1-1S; Charleston, ateady, 10 t3-16. VOL. VI. NO. 103. ATLANTA, GA., TUESDAY, DECEMBER 3, 1907. PRICE: oa^rSKS.’.'rrvficUntI THE PRESIDENT OFFERS A REMEDY FOR CURRENCY CRISES Roosevelt Says People Should Foot Cam paign Bills. more pay for ARMY AND NAVY More Battleships and Larg er Army Recommended bv Executive. Washington, P^c. 8.—If any there were who expected that President Roosevelt In his message to the eon- gross would back down even a little bit from his policies one! principles they had their full share of disappointment when the lengthy document was read today. Among the new measures he advo cates (■ that the people pay out of the national treasury the expenses of the great political parties In a national campaign. He advances this In no hopeful mnnner. Hla suggestion Is that congress appropriate to each of the political parties a sum to cover all proper and legitimate expenses of thor ough organization*and machinery. The message follows: ‘ To the Senate and House of Repre sentatives: No nation has greater re source* than ours, and I think It can be truthfully said that the citizens of no nation posset* ter energy and industrial ability. no nation are the fundamental bust. ondltlons sound er than in ours ii. - , « very moment; and It Is foolish, wnen such Is the case, for people to hoard money Instead of lceplng It in sound banks; for It 1* such hoarding that is the Immediate occasion of money stringency. More over, as a rule, the business of our people Is conducted with honesty and probity, and this applies alike to farms and factories, to railroads and banks, to all our legitimate commercial enter prises. "In any large body of men, however, there are certain to be some who are dishonest, and if the conditions are such that these men prosper or com mit their misdeeds with Impunity, their example Is a very evil thing for the community. Where these* men are business men of great sagacity and of temperament both unscrupulous and reckless, and where the conditions are such that they act without supervision or control and at first without effective check from public opinion, they delude many Innocent people Into making In vestments or embarking In kinds of business that are really unsound. When the misdeeds of these success fully dishonest men are discovered, suffering comes not only upon them, but upon the Innocent men whom they have misled. It Is a painful awaken ing, whenever It occurs; and, natu rally, when it does occur those suffer are apt to forget that the longer It was deferred to the more painful It would be. ^ Minimize Distress. "In the effort to punish the guilty It Is both wise and proper to endeavor so far as possible to minimize the distress of those who have been misled by the guilty. Yet It is not possible to refrain because of such distress from striving to put an end to the mis deeds that are the ultimate causes of the suffering, and, ns a means to this end. where possible to punish those re sponsible for them. There may be hon est differences of opinion as to many governmental policies; but surely there fan be no auch differences as to the neM of unflinching perseverance In the war against successful dishonesty. "In my message to the congress on December 5, 1906, I said: “ If the folly of man mars the gen eral well-being, then those who are innocent of the folly will have to pay part of the penalty Incurred by those who are guilty of the folly. A panic brought on by the speculative folly of part of the business community would hurt the whole business com munity; but such stoppage of welfare, though It might be severe, would not lasting. In the long run, the one vital factor in the permanent prosper ity of the country In the high Individual character of the average American worker, the average American citizen, no matter whether his work be mental J" manual, whether he be fanner or wage-worker, business man or profes sional man.’” The president here reviews that part message to the last congress onorning his opinions on govern- v i., a ‘ control, regulation and super- , n r ‘t Interstate commerce, and sov- ,,L,5 niy of the national government by affjrrnatlv® action. • * small part of the trouble that fomes from carrying to an liaoTP 1 * I* 1 * nftt l°nal virtue of self-ro und ln< !ependence In Initiative vim,* ,,n ; 11 19 to conserve this e»r?>< an ‘ lo P rov lde for its fullest Mho* 1 * ‘° n, patlble with seeing that veZ'l not become a liberty to th. r .*' Unfortunately, this Is ,«L, " d of liberty that the lack of all Thr. f,! r ,** u lntlon Inevitably breeds, vided !V n,,er " °f the constitution pro- fthouM V at the national government ofimo, ; ave com Plete and sole control ntersute commerce. There was then President Urges Plan to Meet Emergency in Money Crises Concerning the country’s finances. President Roosevelt, In his message to congress, says: "I especially call your attention to the condition of our currency laws. The national bank act has ably served a great purpose.in aiding the enormous business development of the country, and within ten years there has been an Increase In circulation per capita from 521.41 to $33.08. For several years evidence haa been accumulating that additional legislation Is needed. The recurrence of each crop season emphasizes the defects of the present laws. There must soon be a revision of them, because to leave them as they are means to Incur liability of business disaster. Since your body adjourned there has been a fluctuation in the Interest on call money from 2 per cent to 30 per cent, and the fluctuation was even greater during the preceding six months. The secretary of the treasury had to step in and, by wise action, put a stop to the most violent period of oscillation. Even worse than such fluc tuation Is the advance In commercial rates and the uncertainty felt In the sufficiency of credit even at high rates. All commercial Interests suffer during each crop period. Excessive rates for call money In New York attract money from the Interior banks Into the speculative field. Tills' depletes the fund that would otherwise be available for commercial uses, and commercial borrowers are forced to pay abnormal rates, so that each fall a tax. In the shape of increased Interest charges, Is placed on the whole commerce of the country. LET THE NATIONAL BANKS ISSUE NOTE8. “Among the plans which are possibly feasible and which certainly should receive your consideration Is that re peatedly brought to your attention by the present secretary of the treasury, the essential features of which have been approved by many prominent bankers and business men. According to this plan national banks should be permitted to Issue a specified proportion of their capital In notes of a given kind, the Issue to he taxed at so high a rate as to drive the notes back when not wanted In legitimate trade. This plan would not permit the Issue of currency to give hanks additional profits, but to meet the Emergency presented by times of stringency. “I do not say that this Is the rleht system. 1 only advance It to emphasize my belief that there is need for the adoption of some system which shall be automatic and open to all sound banks, so as to avoid all possibility of dls. crimination and favoritism. MORE ELASTICITY IN OUR CURRENCY IS NEEDED. “I again urge on the congress the need of immediate attention to this matter. We need a greater elasticity In our currency; provided, of course, that we recognize the even greater need of a safe and secure currency. There must always be the most rigid examination by the national authorities. Provision should be made for an emer gency currency. The emergency Issue should, of course, be made with an effective guaranty, and upon conditions carefully prescribed by the government. Such emergency Issue must be based on adequate securities approved by the government, and must be issued under a heavy tax. This would permit currency being Issued when the de mand for it was urgent, while securing Its retirement as the demand fell off. It Is worth investigating to deter mine whether officers and directors of national banks should ever be allowed to loan to themselves. Trust compa nies should he subject to the same supervision as banks; legislation to this effect should be enacted for the District of Columbia and the territories. * NO LEGISLATION CAN GUARANTEE AGAINST RE8ULT8 OF SPECULATIVE FOLLY. “Yet we must also remember that even the wisest legislation on the subject can only accomplish a certain amount. No legislation can by any possibility guarantee the business community against the results of specula tive folly any more than It can guarantee an individual against the results of his extravagance. When an Indi vidual mortgages his house to buy an automobile he Invites disaster; and when wealthy men. or men who pose as such, or ure unscrupulously or foolishly eager to become such. Indulge In reckless speculation—especially If it Is ac companied by dishonesty—-they Jeopardize not only their own future, but the future of all their Innocent fellow- citizens, for they expose the whole business community to panic and distress.” Continued on Pag* Four. Brief Excerpts From Roosevelt’s Message to the 60th Congress In n«> nation are the fundamental business conditions sounder than ours at this very moment; and It Is foolish, when such Is the cuse, for people to hoard money Instead of keeping It, In sound banks. There can be no honest difference of opinion as to the need of unflinching perseverance in the war against successful dishonesty. Only the national government'can In thoroughgoing fashion exercise the needed control over Interstate commerce. This does not mean an extension of federal authority, nor does It advocate centralization. There should be uddltlonal legislation for the proper control of great business concerns engaged in in terstate business. *' ! ' There, will be no relaxation by the authorities In the effort to get at any railroad wrecker. I’heck overcapitalization and clever gamblers. Hie anti-trust law should be amended ap aa to compel the publication of account* ‘ And subjection of books to tho government. A Combination should not be tolerated If it abuses the power acquired by combination to public detriment. There should be co-operation between federal and state laws In enforcing the pure food laws. There should be revision of the currency laws. Let national banks Issue notes In specified proportion to capital, and tax same so that they wUl be driven back when not needed. We need a more elastic currency and provision should be made for an emergency currency. The Income account of the nation Is In a most satisfactory condition. For the last six fiscal years the total expenditures and revenues, exclusive of the postal department, were: revenues, $3,465,000,000; expenditures, $3,276,000,000. The tariff should be scrutinized every dozen years or so to see that no excessive or Improper benefits are conferred thereby. There Is no complaint now that the law Is not Invoked against wealthy offenders. Abuse of the Injunction law' should not be tolerated. Federal courts must determine relative authority of state and federal courts. An employers* liability law should be enacted. Provide law for federal Inspection of railroads similar to steambontH to prevent accidents. Congress should consider extension of the 8-hour law. There should bo provision for compulsory Investigation of Industrial disputes and strikes. Federal government should aa much as possible encourage the farmers and wage-workers, especially In the South. Recommends canal and deep waterway connecting the Gulf of Mexico and the Great Lakes. Swamps In South Atlantic and Gulf States should be reclaimed. Revise public land laws. Preserve forests. There should be no tariff on wood pulp. Panama canal Is progressing favorably. Favors postal savings bank system and extension of the parcels post. Recommends form of self-govt rnment for Alaska. Make Pearl Harbor, Hawaii, available for largest shipping vessels. Recommends rights of citizenship for Porto Ricans. Recommends naval monument for the Vicksburg national park. Provide for thirteenth census and for Bureau of Public Health. Provide that corporations should not contribute to national campaign expenses. Provide for National Art Gallery. v “* Provide for Increase pay for officers and men of the army and Increase the medical department. Provide for four new battleships, torpedo boats and destroyers; also coaling stations. Rend exhibit to Japanese exposition. Asks for authority to re-form the agreement with China. Should help Chinese students. Lend assistance to the International Bureau of American Republics. MAYOR VETOES 'WILL OF PEOPLE' RESOLUTION The reeolution by Councilman Martin that "we recommend that the will of the people as expressed at the prl mary be carried out," and adopted by council Mnndny afternoon as a substi tute for the charter-revision commis sion resolution, has been vetoed by the mayor. The mayor disapproved the ordinance Monday night before leaving for Wash ington to attend the National Rivers and Harbors Congress. It was Impos sible to secure a statement from him as to the causes which actuated him In vetoing the measure. He will prepare a message to council at the next session In explanation of his veto. The resolution was a substitute for the report of the special committee recommending the charter-revision commission, nnd was practically a sub stitute for the resolution by Alderman Curtis providing for popular election of city ajfflclals. The people voted by an overwhelm ing majority for popular elections at tho last primary. It Is argued that It Is up to council to vote either for or against popular elections, and not to ndopt a resolution "recommending that the will of the people be carried out." Possibly this Is why the mayor vetoed the measure. ft Is also slated that the mayor does not believe the result of the primary ballot Is an expression of the will of the people, and this Is given as a reason for the veto. This Is the second measure vetoed by the mayor. Karly In the year he vetoed an ordlnaee by Alderman Curtis pre venting a member of council from serv- Ing on a board on the ground that It would throw good men out of office. The mayor signed the resolution pur cation of the order relative to passes in order that the street car company may continue to ride city employees free. The committee from Atlanta attend ing the National Rivers and Harbors Congress Is composed of Mayor Joy ner. Alderman HIrsch and Councilman Roberts. Council will not override the mayor's veto, and this will leave the charter-re vision commission nnd popular elections where they were before. Following was the vote on the Mar tin resolution For—Key, Curtis. Martin. Huddles ton, Chosewood, Mangum, Glass, Sty ron, Terrell, Raskin—10. Against—HIrsch, McKachern, Peters, Beutell, Pearce. Taylor, Hancock, Lon- gino, Roberts. Harman—10. Councilman Roberts offered an ordi nance prohibiting"' pawnbrokers from sellng articles until thirty days after purchase. He offered another ordi nance giving the police authority to prohibit persons using streets or parts of streets when ordered not to do so. The hid of Venable Bros, to re-pave Broad street was accepted. A com munication from T. .1. Kady, In which he took the position that the city should not use Lakewood as a cemetery, was referred to the cemetery commission. M. C. Strickland was elected to suc ceed W. T. Winn on the board of health, Mr. Winn having resigned The resignation of Alonzo J. Johnson member of the board of health was accepted. A resolution by Alderman Quilllan, providing for the appointment of a •ommtttee to appear before the railroad ommisslon to urge that the street ar company be allowed to continue to give passes to the city employees was unanimously adopted. The committee consists of Alderman Qultljan. Council 15 Reported Dead in Wreck of Lake Steamer Couer D’Alene City, iduho, Dec. 3.— It is reported here that the steamboat Defender was wrecked on a reef 11-2 miles from Mica bay. In Lake Coeur D’Alene, last night, and that fifteen passengers and all the crew were lost. TWO A TLANTANS DRO WNED WITH TWO COMPANIONS WHILE ON HUNTING TRIP GEORGE F. MOONEY. A. J. ELLIOTT. They were engineers on Southern railway and were drowned Mon day while hunting. DOOOOOOOOOOOOOOOOOOOOOOOOO o o o NO IMMEDIATE NEED ' O O FOR CURRENCY REFORM; O NEXT YEAR, MAYBE. 0 O Washington. Dec. 3.—There will O O be no currency legislation* before 0 O the Christmas holidays. This fiict O O became apparent today in connec- O O tlon with a meeting of the senate O O committee on finance. As a re- O O suit of the Interchange of views. It O O woe pretty thoroughly established O O that there exists no present emer- O O gency calling for hasty remedial C O legislation. C O O ooooooo<ioooooooooo0ai>aoooa While on a hunting trip at Mount Pleasant, near Jesup, Ga., Monday aft ernoon. George F. Mooney, 36 years old, of 17 Hendrix avenue, and A. J. Elliott, 31 years old, of 45 Hendrix avenue, both engineers on the Southern rail way, were drowned, with two compan ions from Savannah. In the Altamaha river. % Dispatches to this effect were re ceived In Atlanta Tuesday afternoon. As a result, the wives of both men are prostrated with grief. The two engineers, with Some friends employed on the same road, and W. F. Hunt and John Horne, of Savannah, employees of the Seaboard, went on a hunting expedition. The Atlanta mem bers of the party left here Sunday night with their gunH and hunting clothes, and were Joined at Jesup by the two member* from Savannah. The next heard from the party was the news that the two Atlanta engi neers and both Hunt and Horne had been drowned Monday afternoon by the overturning «»f their boat. Mr. Mooney is survived by his wife and five small children, while Mr. El liott leaves his wife and one child. Both men were well known In railroad circ les, and had a host of friends, who will be shocked to leurn of their tragic death. • The party which left Atlanta Sun day night consisted of Messrs. Mooney and Elliott and John Burden, another engineer on the Southern; John White, night round house foreman, ahd L. M. Spencer, day round house foreman of the Southern. Both of the drowned men had been looking forward to a hunting trip for some time nnd the trip which ended so tragically was tho only vacation they had taken. While no details of the ac cident have been received by the fami lies of the dead men, it Is known that to get to the point where they expected to find wild turkeys It was necessary to cross the Altaliama river. Both Mrs. Elliott and Mrs. Mooney arc* prostrated and are under the care of physicians. Mr; Mooney leaves five small children, the oldest being 9 years, while the youngest Is a 9-months-old baby. Mr. Elliott is survived by Ills wife and a little girl. 3 years old. WIFE SUER SALOON FOR MAKING HER First Suit of This Kind Is Filed by Mrs. C. A. Speairs. or the first time In the history of Atlanta a suit has been filed by a wife against whisky dealers for damages alleged to have resulted from the con stant sale of whisky to her husband. The plaintiff Is Mrs. Lottie Speairs, wife of Crawford A. Hpealrs, and the defendants are Albert C Gann nnd Frank Garraux, composing the firm of Onnn & Garraux, retail liquor dealers, and the suit Is for $10,000. Mrs. Hpealrs alleges that her hus band Is addicted to the habitual use of Intoxicants nnd that upon three dif ferent occasions she has notified the defendants not to sell him whisky. Aft er promising her enen time that they would not sell him whisky again, she alleges that they have violated the promise, sold her husband whisky, and In consequence caused him to lose his position a number of times. Hho sets forth that her hu«*bamd is a capable machinist, commanding a salary of $19 per week when sober, but because of his Insobriety has failed to provide for herself and their two children and has subjected her to much misery and shame. The suit was filed for the plaintiff by Attorney Sidney C. Tapp. IS BOUGHT; VERTICAL TYPE IS f Death Stillness Per vaded Room When Jury Foreman Spoke. HARDLY REALIZED JURY’S DECISION Says She Will Return to Salt Lake and Her Old Friends. After Months of Delay the Vote is Unani mous. chasing the pump and that providing — -—----- for a committee to appear before the*men Harmon and Roberts and City railroad commission to urge a niodlfl- Attorney Ma>*on. CALL ISSUED FORPO puLI S T S Joliet, III., Dec. 3.—Chairman James H. Ferris, of the Populist national com. rnlttee, has issued a call for a Pop ulist national convention to he held In Hr. Louis, April 2, 1908, for the purpose of nominating candidates for president and vice president of the United States. PLAYS WITH CANDLE; GIRL IS BURNED Special lo The Georgian. Marietta,* Ga.. Dec. 3.—Mnry Lou Ward. 3-year-old daughter of Mr. and [is. Charlie Watd, was s«» badly burn- I yesterday afternoon that no hopes re entertained for her recovery. The child’s clothing caught from a indie with which she was playing In the rear of the h< use. and lo r body was completely enveloped in flames when she was ref Phy- ver. OOOOnOOOOOOOOOOOOOOOOGGOOD O O O SNOW IN NORTHWEST; 0 O FINE AND DANDY HERE. O O % o O out In St. Paul, Buffalo nnd O 0 thereabouts snow was* falling 0 O Tuesday morning, but down here 0 0 the sun Is bright, the air nice and 0 0 crisp, with no portend of bad 0 0 weather. Forecast: O O “Fair Tuesday nleht and Wed- 0 0 neaday.” O g Tuesday temperatures: O 7 o’clock a. m 40 degrees 0 O 8 o’clock n. m 41 degrees 0 O 9 o’clock a. m 44 degrees O O 10 o’clock a. in 48 degrees 0 0 ll o’clock a. m 50 degrees O 0 12 o’clock noon 52 degrees O 1 o'clock p. m 54 degrees O 2 o’clock p. m 56 degrees 0 VO000OO00OOOOO0000D0000O00 The city of Atlanta has purchased a pump. The sub-committee has reported fa vorably to the general corhmittee. The general committee has recommended the purchase of a vertical triple-ex pansion pump from the Wisconsin En r.lne Company. The council haa adopt- 3 the recommendation of the general mimlttee. The nldermanlc board haa concurred and the mayor haa signed Ids approvn I. The whole routine was gone through with Monday. The sub-committee unanimous. The general committee was unanimous. Only Councilman Ter rell voted negatively In council. The nldermanlc board was unanimous and the mayor was enthusiastic. The contract will he drawn up Im mediately by the city attorney and ork will begin ut once. The pump Is to be erected and tested by March i, 1909. It will hav * a capacity of 20,- ooi),000 gallons, and a guaranteed duty of 171,000.000 foot pounds. The pump will cost $132,000. The Wisconsin Engine Company will erect :hls pump with h hand crane and will then s**lI th’s 23-ton crane to tho city for $1,000, which. It is estimated, Is about $2,500 less than Its value. The city will give a note for one- third the debt <m July 1, 1908, this to run six months without Interest. The company is to give a bond for the same amount. The other payments will be rnnde In January, 1909, In two notes **f *»ne and two years beating 6 per cent Interest. When the matter came up before council Monday afternoon. General Clifford L. Anderson was given the privilege of the floor to present the claims of the Allls-Chalmers Company. He charged that the Wisconsin Engine Company had erected only one such municipal pump and this was In Mil waukee and that It was unsatisfactory. c. T. Myers, of the Wisconsin En gine Company, In answer stated that the general manager of the waterwoiks !»• Atlanta had received u telegram from the general manager In Milwau kee stating that the pump was emi nently satisfactory. He stated further that Milwaukee had ordered nn exact duplicate of that pump from his com pany. The mayor called a special meeting of the aldermanlc board after council adjourned, and the board concurred. He .signed the resolution before leav ing for Washington to attend the Na tional Rivers and Harbors Congress. 00000000000000000000000003 O ONLY ONE JUROR WAS 0 O AGAINST ACQUITTAL. O 0 Th« Jury took only two ballot,. O 0 the flrat ntandlng 11 to 1 In furor 0 O of acquittal. The eecond wax taken 0 O about midnight and waj unant- O O moue for acquittal. The Juror who 0 voted agalnat acquittal on the flrat 0 ballot was Julius A. Prigs, a 0 0 bookkeeper, and the oldest mem- 0 0 ber. When the verdlot wae an- 0 0 nounced the women were partteu- 0 0 tarly enthualastlc. Mre. Bradley 0 0 wae hurried to an automobile and 0 0 taken quickly to the home of Mr,. 0 0 Hayea, one of her friends. O 0O00O0OO0OO00OO0000OOOO00til Washington, Dec. 1.—Mre. Annie M. Bradley free! This le the meaning of the verdict of "not guilty” Just returned by the twelve men who for daya have listened In the jury bog to the pitiful story of her relations with and slaying of for mer Senator Arthur Brown, of Utah. Almost a year to the day from the mo ment she walked Into the Raleigh Ho tel, December hurt, and the tragedy was enacted, she breathes once mors the sir of freedom, of vindication and com parative happiness. She haa been dis charged by the court, there la no charge against her. and aha Is told to “go and sin no more." Slowly, methodically, with eyea set straight before them, the twelve Jury men filed In and took their seats for the last time—messengers of life or death for the prisoner at the bar. The stillness waa that of death. The spectators, some In sympathy, Continuad on Pags Fifteen. JAPS CHASING RUSS MUTINEERS Nagasaki.' Japan. Dec. *3.—The Japanese government haa ordered a cruiser to scour the Hea of Japan for l he Ripcrinn torpedo boat whoso crew M reported to have mutinied, killed Ls officers and begun a piratical cruise end already have robnsd several phtps. \ A Rumor of Permanent Recall Is Emphat ically Denied. Washington. Dec. 3.—Japanese Am bassador Viscount AokI will leave for Japan shortly to make a personal re port of his work to the mikado. The fact that the ambassador Is preparing to leave the capital for a period gave rise to a rumor that he had been re called, but this Is emphatically denied at the embassy today. The ambassador has been making a ery careful Inquiry on his own ac count and through the various Japa nese consular officials Into the extent of the reported race feeling existing In some sections of the United States to ward Japanese Immigrants. Already Baron Ishll, one of the sec retaries of the Japanese Interior de partment. has made an Investigation of conditions existing not only In Cali fornia. Oregon and Washington, but also In British Columbia on the north, upon which he has based a special re port to his government But It Is believed that the purpose of the Japanese government In summon ing Viscount AokI to Toklo Is to secure from him Information which Baron Ishll could not possibly have acquired during his short stay in America re garding the attitude of the adminis tration here with particular reference to the measures which have been re cently applied by jhe Japanese govern, ment to restrict the departure from Japan for America of the coolie ele ment. Flames Threaten New Jersey Town New York, Dec. 3.—A fire which threatens the-entire city of Bayonne, N. J.. Is raging. Home of the largest buildings in the city have been burned and the flames threaten to destroy ev erything In their path. Both telephonic and telegraphic communication have been cut off from New York and only the barest details haw thus far bees recelvc»L ■ *