Below is the OCR text representation for this newspapers page.

THE WEATHER Forecast; Rain tonight or Satur day. Temperatures: Ba. m., 73 de grees; 10 a. m., 73 degrees; 12 noon, 78 degrees; 2 p. m., 82 degrees. VOL. XI. NO. 5. MW HIM S LOSEFIGHT TO ESCAPE PRISON Principals in Sensational Fail ure Beaten in Final Appeal to State Courts. EMBEZZLING METHODS BARED BY THE RECORD Court Deciares Mere Calling of Wrongful Act a Loan Does Not Cancel Responsibility. J. J. Mangham, of Griffin, former treasurer of the Boyd-Mangham Manu facturing Company .sentenced in the Spalding county superior court to four years in the penitentiary for embez zlement in connection with the sensa tional failure of the Boyd-Mangham < ’ompany, was denied a new trial by the state court of appeals today. J. W. .Mangham, his brother, sentenced to one year for working with Mangham to declare illegal dividends, also was denied a new trial. This means that the Mangham eases, which attracted wide attention in Geor gia through the failure of one of the largest cotton mills in that section, are ended as far as the state courts are concerned. Only the United States su preme court can set the appelate court judgment. Mangham's motion for a new trial was filed on 35 special grounds. Court Hits Effort to Avoid ’ Responsibility. Mangham was convicted of embez zling $23,412.50 from the funds of the Boyd company while manager of the mill. This amount he is said to have used in speculation. Through his ac tivities notes given to several Atlanta banks were discounted and thousands of dollars were never accounted for> Mangham and his brother were given twelve months for declaring illegal div idends to cover the embezzlements. In denying the motion the court as serted that agent or an official of a cor poration could not use money intrusted to him for personal purposes and avoid criminal responsibility by calling the action a loan. In such a transaction the court maintained the fraudulent in tent could be traced. In discussing the misdemeanor cases in which the Mang hams received twelve months each, the court said the law allowed the declara tion of dividends only when sums were paid stockholders from actual net profits. Insolvent While Thought Flourishing. According th the record of the case. Mangham’s method in wrecking the company was impllclty itself. The Boyd-Mangham Company was capital ized at $150,000. The entire manage ment of the concern was turned over to Mangham. During the years of 1906- 1910, inclusive, the mill was unusually prosperous, and sums amounting to $200,000 were paid to stockholders in dividends, in 1911 the crash came, and an audit of the accounts of the com pany showed that Mangham had cov ered up irregular transactions with false entries. The books actually show ed that the company owed Mangham SIO,OOO. but the audit developed the fact that Mangham really owed the company $8,582.99, while the concern was insolvent when it had been consid ered in a flourising condition. Mangham had taken $23,412.50 out right, covering the steal with a false entry, and declaring dividends to si lent stockholders. In 1910 he discount ed the company's note with the Fulton National bank, of Atlanta, for $11,500, with the Central Bank and Trust Com. jany, of Atlanta, for SI,OOO, and in 1906 with other banks for amounts ranging from $5,000 to $15,000. An examination into the company’s affairs showed that some of these notes were paid from the company’s funds prior to the failure and brought the concern into financial straits. “BE REASONABLE, MUTT, WE ARE ON THE GEORGIAN” Mutt and eff have come to The Georgian to stay permanently. Look for them in tomorrow’s paper and every day after that. Jeff will start out by giving his friend Mutt the worst of it. The Atlanta Georgian Read For Profit—GEORGIAN WANT ADS—Use For Results Constantinople Hit by Quake: Turks Think It Italian Fleet and Flee Rocking of Earth Mistaken for Bombardment or Dynamiting of Forts—People in Panic. CONSTANTINOPLE, Aug. 9.—Two violent earthquake shocks. which caused widespread alarm and heavy damage, were felt here early today. The tremors began at 3:24 o’clock and lasted several seconds. So sharp were the undulations that some of the residents of the city were thrown from their beds. Terrified citi zens fled to the streets in their night clothing. Some one started a report that an Italian fleet had gained entrance to the Bosphorus and had either commenced a terrific bombardment or was using dy namite to destroy the forts. The re ports added to the terror and many fled from the city, without taking time to dress. Walls and chimneys were shaken down by the shock and numerous per sons were injured by flying wreckage. Shock Recorded at Washington. WASHINGTON. Aug. 9.—According to the seismograph at the Georgetown university, an earthquake began at 8:50 last evening and continued until 9:58. There were three heavy shocks, the first at 9:13, the second at 9:16 and the third at 9:IS. The record could not be read accurately, but it is believed the ’quake lies without the 3,000-mile zone CITY JUNKETING BAN KEEPS ZOO BOARD FROM A BUYING TRIP Because the city attorney has ruled that no member of council or a city board legally can go on a junket at the city’s expense, the park commission has neglected to spend, the $1,500 appro priated last January for animals for the Grant paik zoo. The commission could send the general manager to get the animals, as they have done for several years, but it is said some of the com missioners wanted to go to New York and do the buying themselves. When they found they could not go without paying tneir own expenses, they de cided that nobody should go. ft is said. W. C. Puckett, chairman of the zoo committee of the commission, intro duced a resolution last fall to abolish the zoo, saying that the council would provide no money for new animals and that the old ones were dying out. The council provided $1,500 for animals seven months ago, but Commissioner Puckett has made no move to purchase them. 9TH ANNIVERSARY OF CORONATION OF POPE IS OBSERVED IN POMP ROME. Aug. 9.—Magnificent pomp marked the celebration in the Sistine chapel today of the ninth anniversary of the coronation of Pope Piux X. Though the pope’s physicians had feared the effect of the ceremonies on the pontiff, he went through with them without showing any indication of breaking down. In the presence of the members of the Sacred college and a host of other dig nitaries the pope walked the full length of the chapel wearing the massive triple crown and heavy mantle. After his ar rival mass was celebrated by Cardinal Merry del Vai, the papal secretary of state. After the ceremonies a gift by the pope to the poor of 2,000 lire was an nounced. TWO U. S. WARSHIPS DISABLED; SEASON IS DISASTROUS ONE WASHINGTON, Aug. 9.—Acting Sec retary of the Navy Winthrop was noti fied by Rear Admiral Hugo Osterhaus that the batleship Nebraska, while cruising in the neighborhood of Point Judith. R. 1., early today struck a reef and ripped open several of, the plates along her keel. She probably will have to be sent to dry dock for repairs. The battleship Connecticut about tile same time broke b r r crankshaft and also will have to be laid up for repairs. These two accidents formed the cul mination of one of the most disastrous summers the navy has ever passed through, no less than six first-class ships having been disabled through col lision, sunken reefs or other accidents. SAFE BLOWERS’ EXPLOSION CAUSES $25,000 FIRE LOSS BEAVERDAM. KY., Aug. 9.—-Follow ing an explosion in Gentry Bros.’ gen eral store today, fire broke out which destroyed six buildings, with $25,000 loss. It is attributed to safe blowers ATLANTA, GA., FRIDAY, AUGUST 9, 1912. Tin MS WOOL BILL .lECJGING THRIFF Schedule Providing 29 Per Cent Reduction Called Disastrous to Industry. WILL SIGN MEASURE FOR 35 PER CENT CUT Says Present Bill, if Made Law, Would Throw Thousands Out of Work. WASHINGTON, Aug. 9.—President Taft, in a veto message to congress today upon the twenty-nine per cent wool bill, indicated that no reduction lower than 35 per cent will meet. his ap proval. The president urges strongly on con gress the necessity of passing a bill which will offset the difference between the cost of the production of raw wool here and abroad. He says: “I strongly desire to reduce duties, provided that the protection system be maintained and the industries now es tablished be not destroyed. "I appeal to congress to reconsider this measure, which I now return with out my approval, and adopt a substi tute therefor, making substantial re ductions without, destroying any estab lished industry, which I will promptly approve. “In view of the platform on which 1 was elected and in view of my promise to maintain a protective policy, no course is open to me but to withhold my approval from this bill. I am very much disappointed that such a bill should a second time be presented to me.” He recommends that the revision be made from the data furnished by tire tariff board, and urges that congress do not adjourn until such action is taken. The message continues: “Urged Reduction of Excess Schedules.” “On December 20, 1911. I sent a mes sage to the congress, recommending a prompt revision of the tariff on wool and woolens. I urged a reduction of dlities which should remove all the excesses and inequalities of the sched ule. but should leave a degree of pro tection adequate to maintain the con tinued employment of machinery and labor already established in that great industry. With that message I trans mitted a report of the tariff board which furnished for the first time the infor mation needed to frame a revision bill of this character, and recommended that legislation should at once be under taken in the light of this Informa tion. “Instead of such a measure of thor ough and genuine revision, based on full information of the facts, and with rates properly adjusted to all the dif ferent stages of the industry, there is now presented for my approval a bill identical with the one which I .vetoed in August. 1911, before the report of the tariff board was made. The tariff board’s report fully and completely jus tifies my veto of that date. The amount of nd valorem duty necessary to off set the difference in the cost of pro duction of raw wool here and abroad varies with every grade of wool. Con sequently an ad valorem rate of duty adjusted to meet the difference in the cost of production of high priced wools is not protective to low priced wools. In any ease, the report of the tariff board shows that the ad valorem duty of 29 per cent on raw wool, imposed in the bill now submitted to me. is inade quate to meet this difference in cost in the case of four-fifths of our total wool clip. The disastrous effect upon the business of our farmers engaged in wool raising can not be more clearly stated. To maintain the status quo in the woo] growing industry, the minimum ad valorem rate necessary even for higli grade wool In years of high prices would be 35 per cent. “The great increase in the imports Continued on Page Two. Beware! This Little Girl's Guarded by Terrible Spooks SEE TH EIR _ FIG H TIN ’ FACES Grace Estelle Perry and her - .. .. terrible protector. Spooks, wear- ' ■- •f&SX ing their fighting faces. They MB L J didn’t like the photographer. 17 <M| * V ’W Wwl V ’ll’ \ L_.ll y 111 w _ .»> mi f 31S Wlgje WKSr - ■ Iff I ' S’* v w \ \ // 1 I I "t'"' \ J S’# y/ / Grace Estelle Perry's Protector May Not Be Real Ghost. But Is More Terrible. . When little Grace Estelle Perry goes a-walking, her nurse has an easy time. For Spooks is Grace Estelle’s reaj guardian, and if you don't believe it look at the picture. Observe the sus picious curl of Spooks’ whiskers; no tice the supercilious expression of his cold little nose; he didn’t like to have the thing the photographer called a camera pointing at Grace Estelle, for you never know what may happen in this day and time. Miss Perry lives at 391 Peachtree street, but the whole block of side walk and lawn is her front yard, and she and Spooks spend all the sunny afternoons outdoors. Os course, there’s a negro nurse to keep them off the car tracks, but Spooks is the boss. He trots by Grace Estelle’s side, tugs at the hem of her pinafore when she tries to leave the curb, and barks in alarm and disgust when she trips over her own tiny toes and falls in the mud. Spooks is right on the job. Spooks is a French poodle, w hite and curly, with little eyes half-hidden by his bangs and a little pink tongue al ways protruding from between rows of sharp white teeth. He wouldn't be a mouthful for a mastiff, but he is spunky enough to tackle an elephant when Grace Estelle must be defended. GRACE RETURNS TO NEWNAN; TO PROBE FOR BULLET IN WEEK "An operation for the removal of the bullet will be performed upon Eugene within about a week, either in Atlanta or at Newnan.” said L. P. Hill, step father of Eugene H. Grace, at tile Ter minal station this afternoon. Grace was being taken home from a local sanitarium, after an X-ray exam ination which showed the location of the bullet fired on March 5 last In the West Eleventh street home. The oper ation is being deferred until Grace re covers from the strain of the trial — —- his trip to Atlanta this week. 5 KILLED BY BLAST IN NEW YORK AQUEDUCT NEW YORK, Aug. 9.—Five men were killed; four fatally and two others seri ously injured today when a steel drill, working 266 feet below the surface of One Hundred and Sixth street and Cen tral Park West, struck a charge of dyna mite and caused a terrific explosion. The men were members of a shift working on the new aqueduct excavation. \ \ LW’/ -« a. ’ I \ \ S'\ \’el// i THREATS OF U. S. TO LAND MARINES HALT NICARAGUA REVOLT WASHINGTON, Aug. 9.—Apparently cowed by the United States threat to land 350 marines, forcibly to protect foreign interests in Nicaragua, General Mena and his rebel forces have halted near Leon for a conference. It is thought tlie rebels may treat with Pres ident Diaz for peace rather than incur the enmity of the United States by ad vancing on Managua and destroying foreign property en route. Tlie governmental troops at the capi tal are being reinforced by the regi ments from the east coast. The American marines w-ho sailed from Panama today on the collier Jus tin are due to arrive at Corinto Sunday. They will go at once to Managua to augment tlie hundred American sol diers from the Annapolis already at the capital. TODAY IS “BABY DAY” IN SENATE; GODCHILD IS GIVEN LOVING CUP If members of the state legislature sometimes show slight interest in law making. they never fail to accord ba bies real attention. Today was "Baby day” in the senate, and yesterday was “Baby day” in the house. James Devereaux Prather, Jr., aged one, of Panther Creek, held tlie floor for fifteen minutes in the senate this i morning and was handed a sliver lov i ing cup by President Slaton from the senate in appreciation of his presence. The infant Prather is the son of J. D. Prather, of the Thirts -first district, and was named by the senate last August. Yi sterday afternoon Miss Georgia Mell Reinhardt Brown, daughter of Mr. and Mrs. George Brown, named by tlie house last summer, tendered a brief reception to the entire legislature in the house corridor. Refreshments were served to the members of both house* at Miss Brown’s levee. USE OF FICTITIOUS NAME DOESN’T SAVE FORGER IN GEORGIA Despite the fact that lawyers argued that Georgia has no law' agaJnst a man's signing fictitious names to checks, so long as he does not forge the name of a real person. Judge Ellis this afternoon decided that A. R. Saffold must serve the six-year term given him by the superior court some time ago. Saffold was charged with obtaining money from banks by cashing checks signed with the names of purely ficti tious personages. He was convicted and sentenced, but held in the county jail awaiting action on habeas corpus proceedings. These came up today, and despite the technical argument presented, Judge Ellis held that Saffold had received the money under fraudulent circumstances, and the sentence must stand. SHIP LINES OWNED BY RAILROADS ATTACKED IN CANAL BILL FIGHT WASHINGTON, Aug. 9.—Senator Poindexter, of Washington, led an at tack on the Panama canal bill which relates to railroad owned eteamship lines in the senate today. He believes the clause too strongly favors this class of steamships. The section as it now reads prohibits the passage of any ship in which a railroad owns an interest, if the ship be engaged in the coastwise trade, and that no railroad owned ship shall use. the canal unless 50 per cent of its cargo is to be shipped to or from Oriental or European ports. Senator Poindexter declared instead of solving the problem the same eco nomic question was presented that is found growing out of the ownership of mines and other Industries by railroads. He declared the people of the Pacific coast have had object lessons from which to draw their conclusions. The only remedy is to permit the entrance of foreign vessels into the American coastwise trade and so break up the present monopoly. J rrar IPITION 2 CENTS EVERYWHERE £ A O V° GRANO JURY ACTION NOT MAPPED IN AGLUB —HUGH DORSEY J Solicitor Denies Flatly Charge Made by Hooper Alexander in Campaign Speech. EXPENSE OF PROBE WAS DISCUSSED AT A DINNER Dry Candidate Declares as Result of ‘Conference’ Some Organizations Escaped. / Answering the charges of Hooper Alexander that the grand jury’s course of action in the investigation of locker clubs had been outlined at a confer ence with superior court judges In the Capital City club, Solicitor General Hugh M. Dorsey today denied abso lutely that there had been any agree ment reached. Mr. Alexander in a speech last night at a rally in the Lyric thea ter, address also by Seaborn Wright, the prohibition orator, charged that the judges, a committee from the county commissioners, members of the grand Jury and the solicitor general, had conferred on the locker club prob lem in the Capital City club—"unfor tunately.” He asserted that as a result of this conference the grand jury in dicted locker clubs outside the pale and left the so-called respectable clubs strictly alone. Mr. Dorsey declared today that the “conference” probably referred to was a dinner given by T. K. Glenn, foreman of the Jury on which he served, at the Capital City club. It was learned at that dinner that the solicitor general’s office had no funds for the prosecution of locker club probes. Glenn Offered to Pay the Expenses. ' , Mr. Glenn then offered to pay the ex penses of an Investigation himself and put up the money out of his own pock et a-nd as a result indictments were brought against a number of clubs. Mr. Glenn himself confirmed the so licitor general’s version of the affair. He declared that the locker club inves tigation was merely one of the phases of the grand jury’s work discussed. Ha said that the county commissioners had promised to pay him back the money he advanced for the probe, but that he didn t care if he did not recover a pen ny. His bill was held up yesterday by the county commissioners. The commissioners present at the dinner were 8. B. Turman, H. B. W. Raimer and Shelby Smith. The three superior court judges are Bell, Pendleton and Ellis. None of them would discuss the Alexander charges, but it is understood they have a statement in reply under consldera- Anderson Denies Such Meeting Was Held. General Clifford L. Anderson, mem ber of the county commission, today denied that a meeting such as alluded to by Hooper Alexander last night ever was held. "Shortly before the investigation of the locker clubs several of the commis sioners met with representaives of the grand jury to decide whether they would allow money for the investiga tion of the clubs. This, however, was. I think, held at. the commissioners’ of fice in the Thrower building. “I was not present at that meeting, but know that no distinction of class was made among the clubs. It was de. cided that a careful investigation would be made, and the commissioners agreed to provide a reasonable sum to engag< detectives to work on the matter. The detectives were ordered to concern themselves with ‘locker clubs,’ not any especial class or kind.” Mr. Alexander in his speech held Slaton up to scorn for his alleged fail ure to come out on the so-called issues of tlie day. He wondered how the president of the senate found time to give a barbecue if he didn't have time