Atlanta Georgian. (Atlanta, Ga.) 1912-1939, April 30, 1913, Image 9

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V THE ATLANTA GEORGIAN AND NEWS, W KIEnEoDAY, APRIL DO, 1913. Beginning to Realize Vigilance Is Necessary to Proper Cor poration Administration. BY B. C. FORBES. Eternal vigilance is the price not only of liberty, but of progress, prosperity and even bare solvency. Security holders of modest means —the great army of America’s four million bond and stock holders—are not vigilant enough, They leave things overmuch to the will of di rectors and offleors, waking up only after something serious has hap pened to injure or wipe out savings. The original H&vemeyer used to say It was none of a stockholder's bust ness what a company was doing as long as the stockholder received Ids dividends regularly. We all know WHY Havetneyer took that attitude: there were things going on In the Sugar Trust that Its head did not want pryed Into, • * • But are .imerloan stockholders be ginning to realize that vigilance on their part is necessary to the proper administration of corporation af fairs. There are encouraging signs that they are. • • * Did you notice that the Steel Cor poration had quite an interesting, illuminating annual meeting the other day? It was more like the an nual meeting of a British company than an American one. The holders of South Africa mining shares re cently compelled directorates to hold not only th# regular annual meetings in Johannesburg, but annual moot ings in London also, where stock holders could attend and put the directors through their paces. The Johannesburg meetings—I have at tended hundreds of them—ere of the cut-and-dried, American pattern, * * * Minority stockholders have been manifesting: lively interest in the run ning of numbers of corporations here lately. They are not satisfied with certain nets of the managements, and they havo asserted vigorously instead of remaining: dumb and submissive. Bodies uf stockholders in such com panies ac Central Leather, Federal Mining: and Smelting, Vulcan Detin- nlng. New York & Harlem* Railway, Rutland Railroad and Goldfield Con solidated have been showing active interest in the doings of directors, and in more than one instance tangi ble results have been obtained. :» * m The days when the president or one or two directors of a big cor poration could run it as a private, personal affair arc over. If the pub lic are askod to supply capital for an enterprise, then that same public are surely entitled to be informed as to how their capital is being used. Secrecy begets acts of dark ness; publicity breeds honesty. * * • I have received a letter from President F. D. Underwood, of the Erie Railroad, which will not be mis applied if reproduced here, for it bears upon the need for vigilance upon the part of security holders— although the vigilance he urges re-J lates to the activities, not of the directors, but of the multiplicity of governmental authoiTties who now have virtually usurped the powers of the men responsible for conduct ing the roads. Mr. Underwood w rites: If some one can do something to awaken the shareholders of the railroads the situation will be much improved. Surrounded, as railroads are, by spineless gover nors and designing legislators, the shareholders are having cold comfort, but they do not seem to realize they have a remedy. As for the Dordholders: They are in a class by themselves. You will got nothing from a bondhold er until his interest stops. While many railroads in this country will pass and others reduce their dividends, the situation 1s not yet serious enough to involve the bondholders; so that it is upon the stockholders (in many in stances widows and children that cannot be marshalled) that the hardship will fall. The work of despoliation will continue until the facilities become impaired, when the public will take a hand in it, and we shall then, perhaps, have a remedy. * * * The American has been urging the necessity for vigilance on the part of security holders. Heretofore, al most every class of citizens has bad its champions, but the rank and file of bondholders and stockholders have had few friends in tho halls of our Legislatures. Is it not time to change this? * * * To discrimina,to against investors te tantamount to putting a ban upon thrift and a premium upon thriftless-! ness. I China Accepts Loan Despite Public Cry Minister of Foreign Affairs In Note to Powers Acts for Government. Special Cable to The Atlanta Georgian. PEKIN, April 30.—The Chinese Minister of Foreign Affairs to-duv handed to representatives of the for eign p°wer3 interested In the quin tuple loan of $125,000,000 to China a note accepting complete responsibility for the loan on behalf of the present and future governments of the re public. Following so closely upon reports that President Yuan Shi Kai had de cided to resign because of the public hostility against the terms of the loan contract, this was regarded as a clev er political coup to enable Yuan to retain his political prestige. CALIFORNIA STATE LEAGUE QUALIFIED FOR A RATING AUBURN, N. Y., April 30.—Chair man John Farrell, of th e National Association of Minor Leagues, to day ruled that the California State League, embracing Stockton, 'Fresno, Vallejo and San Jose, is qualified for a class in the rating. The claims made against l be Toledo, Ohio, Baseball Club by Player W. Burge and by Player Billiard against the Columbus, Ohio, club were dis allowed by Chairman Farrell. He also awarded the services of Va., team, and Player Tutle to the Player Carmody to the Charleston, VV. Canton, Ohio, club. ‘Working Women Best Mothers’ v o • v• 'b v• *}• v• *’« Mrs. Beatrice Hale Cites Baby v*v •!* • v«v •<*••!* •!«•+ *!*•*! ‘Housebound Parent Deficient’ Beautiful Young 1 Actress Tells Why She Worked After Her Marriage. iul urFICI HEAR U.S. EXPERT National Commissioner of Edu cation Contrasts the New Methods With Old. t A Elessing to Victims Of “Sore Foot’’ Agony? The following is said to be the surest and quickest cure known to science for all foot ailments: ‘Dis solve two tablespoonfula of Calocide compound in a basin of warm water, Soak the feet in 1 his for fully fifteen minues, gently rub bing the oore parts." The effect really wonderful. All soreness goes instantly . the feet feel delightful. Corns and callouses can be peeled right off. It gives immediate relief for sore bunions, sweaty, smelly and aching feet. A twenty-five cent box of Galocide is said to bo suf ficient to cure the worst feel. It works through the pores and removes the cause of the irouble. Don’’ waste time on un certain remedies. Any druggist has Galocide compound in stock or he can get it in a few hours from his wholesale house. P. P. Claxton, United States Com missioner of Education, was the first speaker at the afternoon session of the convention of the Georgia Coun ty School officials at the Auditorium - Armory to-day. He spoke of the ad vancement of the county school sys tem of education "over the system in vogue twenty years ago. T. E. Waldrop, industrial agent of the Southern Railway, opened the convention this morning with a lec ture on the school as a community center. Discussion was led by E. T. Steed. superintendent in Carroll County, and C. H. Cox, of Pickens County. . Superintendent .T. O. Martin, of Newton County, lectured on the standard school. Discussion was con ducted by C. F. Barnett, of th© Mor gan County Board, and Superintend ent Henry Milam, of Bartow County. Corn club work was discussed by H. G. Hastings, of the Atlanta Cham ber of Commerce, and Superintendent S. E. Jones, of Chatooga County. The night session will bo a discus sion of women’s chib work. Mrs. Z. I. Fitzpatrick, president of the Georgia Federation of Women’s Clubs: Mrs. N. Peterson, chairman of the educa tional board for the Georgia Federa tion of Women’s Clubs, and Miss C. S. Parrish, State School Supervisor, will make addresses. CALHOUN MAN RELEASED; NOT WANTED IN ILLINOIS CALHOUN. GA.. April 30.—Thom as Lyerlu, who was arrested here yes terday afternoon on suspicion uf being Ray fcjeivvens, wanted in Pontiac. III., for a murder committed thirteen years ago, was released in Cartersvllle to day after an Officer from Illinois de clared he was not the man wanted. Lyerla has returned home anil is now threatening to prosecute the Sheriff of Bartow County and his three deputies, who made the arrest, and also his wife’s uncle. Robert, alias "Hhotheel,” Jones, of Garters - vilie, who accompanied the officers. Mrs. Beatrice Forbes-Robertsou Halt NEVA’ YORK, April 30.—“Do you think she looks neglected for my hav ing devoted some time to my profes sion?” asked Beatrice Forbes-Robert son Hale, as she proudly exhibited her two and a half year old baby to a reporter. The youngest member of the well known dramatic family of England had been speaking from practical experience on ‘The Married Woman’s Problem: Shall She Work or Shall She Not Work Outside the House.?*' “Like scores of young women of to-day I insisted upon continuing my work for a while after marriage., or delaying our marriage for at least two years. Mr. Hale was a graduate of the Harvard law r school when we became engaged. "I felt that I wanted to give my baby fresh air and the conditions that make for Strong and healthy children. I continued my star career, ae Mr. Ifale sensibly, agreed that I should d ). Like plenty of young people, we might have preferred to live in a two-room and kitchenette apartment in Harlem, with the baby looking out on the stone walls of a court instead of green trees and the sunshine, but we preferred to work together until we could have things just as we wanted them. No Disgrace to Work. “When young men get over the foolish idea that it is a disgrace for their wives to work we shall have more ideal married conditions. A man has # far more respect for a wife whom he knows has been able to support herself before marriage and can help with the support of the family, if necessary, after marriage. She becomes a true partner in mar riage, and not a leaning, whining creature—the kind that frequently accepts alimony and considers it no disgrace. “All this talk that is receiving .»o much attention from school boards and corporations of married women teachers and other married women of the professions sacrificing their ca reers to children is nonsense. Forc ing capable women to abandon a pro fessional or business life for this rea son belongs to the reasoning of a past age. Tells of the Benefits. “And why shouldn’t she be as much if not more interested in working for (hr little family she loves, and socie ty for whom she lias done a service than before marriage in merely working for herself?” asked t.V* young woman, who before her mar- 1 ring* to Swinburne Hale, four years ago, had won fame on the same stage with Ellen Terry, Sir Herbert Tree, Henry Irving and other noted English players. At her pretty home at Forest Hills. L. I., Mrs. Halo explained why so ciety and- the family were benefltted by the wife working outside the home. “The chief reason why young folks hesitate about marriage is the econ omic one,” she said. “Society’s snob bish notions and false standards of life, instead of encouraging matri mony among the young, make it is difficult for them as possible. ARCHBOLD WITNESS SAYS’ ERIE TRIED TO RUiN HIM WASHINGTON, April 30.—William P. Boland, of Scranton, Pa., chief witness in the proceedings which re sulted in the impeachment of Judge Archbold of the Commerce Court, laid before Senator Norris to-day al legations that the Erie Railroad lias attempted to ruin his business be cause of the part he played in the impeachment trial. The question lias arisen whether retribution visited on one who testified before the. United States Senate does not constitute contempt. CABLE NEWS Important Evonts From All Over the Old World Told in a Few Short Lines. BANRABAT, MOROCCO, April 30. Tribesmen ambuscaded and attacked a French column of troops in the Outmeribla district of French Mo rocco to-day, killing four and wound ing twenty soldiers. Emigrant Record Broken. GLASGOW, SCOTLAND, April 30. More than 4,200 emigrants, a record of departures in one day from tlie Clyde, are en route to-day for the United States and Canada. Fear Loss of Suffrage. THE HAGUE, April 30. -The Wom an’s Suffrage Society will hold a meeting here May 4 to protest against the Government’s proposal to revise tlie Netherlands Constitution, so that women of Holland again would be de barred from voting. Queen Alexandra III. LONDON, April 30.—Queen Alexan dra’s health is Riid to be causing considerable anxiety In the royal fam lly to-day. Nothing, it seems, Is or ganically wrong, but it is evident that she is unable to recover from the whock of the assassination of her brother, King George of Greece. Germany Picks Air Racer. DRESDEN, April 30.—Han* Ber liner, a pilot of the balloon Nieder- Sehlesien, which landed at Arendal, Norway, has been adjudged winner of the elimination race, started on Sunday for the choice of representa tives to represent Germany in th« in ternational race for the James Gordon Bennett cup, to be held in France next fall. Noted French Lawyer Coming. PARIS, April 30.—C. F. Labor!, the French lawyer who was chief counsel for Captain Alfred Dreyfus and now heads the Paris bar, signified his In tention to-day of accepting the invi tation of the American Bar Associa tion to attend its meeting at. Montreal September 3. Labor! will deliver a speech in French at n banquet at which Senator Root, of Now York, will preside. OBITUARY NOTES. Hugh T. Edmondson, aged tv.entv- five. died at his home, 339 East Georgia Avenue, last night’ at 10 o’clock. He la survived by his mother, Mrs. Anna Edmondson, two sisters, Misses Mary and Mattie Edmondson, and three brothers. C. J., J. M. and G. S. Edmondson. Fu neral arrangements will be an nounced later. Agnes Ozburn, daughter of Mr. and Mrs. Earl Ozburn, died at the family home, 45 Vista Avenue, yes terday. The funeral will be from the residence this afternoon. Mrs. Isaac Goldstein died at a private sanitarium last night at. 9 o’clock. The funeral will he held from Greenberg & Bond’? Chapel this afternoon at 1 o’clock. Interment will be in Greenwood. The funeral of Mrs. A. M. Walker, aged sixtv-six, who died at hr home. 99 Ormond Street, last night, will be held this afternoon at 4 o’clock. Interment will be in Oak land Cemetery. She is survived ,iy her husband, one daughter and five sons. George H. Flowers, forty-two years old, died at a private hospital hero last night at 7 o’clock, lie was a prominent lumber man of Green ville. Ala. The body was taken to Greenberg & Bond’s Chapel, pend ing the arrival of relatives from A labama. BEAVERS TO HEAR RUSSELL. Judge R. B. Russell, of the State Court of Appeals, will address the Beavers of Atlanta at 57 1-2 East Hunter Street to-morrow evening at S o’clock. Colonel Paul Lindsay and Hon. Glen Dorough, representatives from Franklin County, also will make addresses. Back From East, Rt. Rev. Fal lows Declares Oriental Nation Is Too Near ‘‘Broke.” CHICAGO, April 30. War between the United States and Japan at pres ent is beyond the bounds of possibil ity, according to Bishop Fallows, who recently visited the Philippines, Japan and China and posted himself thor oughly on the political situation. His chief message to the American peo ple as a result of his study in the Philippines is: “Don’t give them up. Tf you do, Japan will pounce upon them without a moment's hesitation.’’ “There will be no war,” he con tinued. “It is out of the question. Japan’s desire for the Philippines Is a strong Incentive, and the action of Califor nia—which is opposed by a respect able number of Californians them selves—is another, but Japan is not prepared for war and neither is the United States. “If Japan should go to war with us now they would lick us —at first. But Japan will not go to war. Why, when I was there they were rioting in the streets because of the fearful taxes imposed upon them. Japan lias no money.” Social Duties Make Mrs. W. J. Bryan Ill Secretary of State's Wife Recuper ates in Sanitarium From Nervous Attack. WASHINGTON, April SO.—Mrs. William Jennings Bryan, wife of the Secretary of State, Is a patient at a Washington sanitarium, recuperating from a slight attack of nervousness brought about by social activities, Mrs. Bryan’s condition is not re garded as serious. She entered the sanitarium last Friday. She is expected to leave the insti tution within a few days. Man Arrested as He Tries to See Wilson Tinner 3ay» He Wee Married by Taft, and Wished President to Investigate Ceremony. WASHINGTON, April S0-—Albert L. Wood, a tinner, of thle city, w*« arrested at the White House to-dey while trying to force hie way Into the executive offices. Wood carried a letter to President Wilson, In which he claimed he had been married to a young girl In this oity by President Taft. He wtehed President Wilson to investigate the marriage. CALIFORNIA LEGISLATURE RETAINS DEATH PENALTY SACRAMENTO, April 30.—With Secretary of State Bryan an inter ested spectator, the California Legis lature yesterday voted down a bill to abolish capital punishment. Riggs Disease If your teeth are loose and sensitive, and the gums receding and bleeding, you have Riggs Disease, and are in danger of losing all your teeth j U e Gall’s Anti-Riggs, and it will / give quick relief and a complete euro. | It is a pleasant and economical j treatment, used and recommended by - leading ministers. lawyers and the- j atrlcal people who appreciate the i need of perfect teeth. Get a .50c bot tle of Gall’s Anti-Riggs from Jacobs’ Pharmacy, with their guarantee to refund the money if it fails to do all f that is claimed for It. It is invalu- > able in relieving sore mouth due to plate pressure. Circular free. { GALL’S ANTI-RIGGS GO.. 23 WIL- ! hams Street, Elmira, N. Y. Famous Shoes'for Mon. Here is a shoe that happily combines summer comfort, neatness of design and general service ability. A BOSTONIAN oxford with both sole and heel of new live rubber. A superior type of outing shoe to which the rubber heel adds sufficient dignity for general business wear. ORDER BY PARCEL POST Atlanta Nashville GOOD ShOESyo* EVERYBODY FRED S. STEWART CO. 3)wtect Ifeutee#! i T FOUNTAINS* HOTELS* OR CLfCWHCRI j SZZ Get tbc i Original and Genuine =E HSRUCK’S I MALTED MILK "CMeUa*! Jnuiuttcni' TheFood DrinkforAUAges <!CH MILK, MALI CRAM KTRACT. IN POWDER Not m any Milk Trust Insist on “HORLICK’S** Take e packago boat Our Second Anniversary Sale Of Furniture, Rugs and Draperies Begins To-morrow Jlay 1st This guaranteed Seth Thomas Clock free with all purchases of $10.00 or over. Your opportunity to save on Seasonable House Fur nishings is here, Goldsmith=Acton=Witherspoon Co. Life Time Furniture, Rugs and Draperies. G2 Peachtree—61 N. Broad. SACRIFICE WOMEN’ S SI UTS SSfut ' €1 ff AA For gtSK ' «V±«MFV Choice Ladies, if you have been waiting for prices to drop so you could save on your Spring ISfuit, here is your opportunity. Scores of the very Suits you have admired at $19.75, $25.00 and up to $27.50 have been put into this Sate. Bulgarian Blouse Suits in the roses, blues and tans. Splendidly tailored Shepherd checks, Serges in all colors; fancies in great variety—in fact, over 200 Suits in all sizes will be sacrificed here to-morrow. Regularly priced to $27.50; while they last, $15.00. Sale 8:30 to 12 o Dresses for Wo ’Clock To-morrow men and Misses Values to $19.75 Smartest models and correct colors in new \ Linens, Eponge, Ratine; extraordinary values j ^ in finest Spring Woolen one-piece dresses; f \ elegant Silk dresses for street or evening « wear. You’ve never seen such extreme bar- l ” gains in any Sale. Sizes 14 to 44, values to ] $19.75. 8:30 to 12 o’clock, choice, $7.49. 1 17.49 ™ 3d Floor J.MJIffiK Cqmmsi. J.MJIms Cqmmny.