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THE ATLANTA GEORGIAN A\D NEWS. MONDAY. MAY 12. 101?,.
Important
Sayings
Bv important people on
topics of live interest
The second great object which
is desired in this connection is to
provide elastic currency, and this
is expected to be accomplished
by having the currency furnished
to the reserve banks in a quantity
sufficient for the needs of com
merce. subject to an interest
charge which will compel auto
matic contraction when the extra
currency is no longer seriously
demanded.
This currency probably will be
Treasury notes, secured, however,
by the additional security of the
reserve banks and the member
banks by being a first lien on
their assets, but secured also by
commercial paper of a specified
class of short terms, indorsed by
the original borrower, the local
bank and the reserve bank, and
set aside in the bill case of the re
serve bank as security for such
notes.
It is proposed also to strength
en the national bank system by
giving its some additional priv
ileges and providing- a great im
provement in the bank examiners,
giving them graded salaries ac
cording to qualifications and work
to be done, instead of the old fee
system.
Thief Turns Poet
to Sound a Warning
Benefit of “Going Straight” Told
by One Who Admits “Going
Wrong.”
NEW YORK, May 12.—Ro.bert J.
Lawrence, formerly a bank messen
ger, was brought here from Los An
geles. Cal., charged with stealing
$1,400. On his trip across the conti
nent he wrote the following:
'If you want a red nose and dim,
bleary eyes.
If you wish to be one whom all men
despise.
If you wish to be ragged and weary,
and sad.
If you w ish, in a word, to go to the
bad—
Go v. l ong.
If you, tastes don't agree w ith th >
"ifs" as above,
if you'd rather have life full of
brightness and love
If you care not to venture or find out
too soon
That the gateway to he): lies . trough
the tombs—
Go straight.
Miss Marie Fisher, of Charles
ton, Guest of Honor at
Open Air Feast.
The famed Georgia barbecue has
won another enthusiastic friend.
The latest ally is beautiful Miss
Marie Fisher, of Charleston, S. C.
Miss Fisher was at a barbecue pre
pared in her honor at the Kimball-
v.ille farm of her cousin, Will V.
Zimmer, and it was here she declared
that she never had tasted anything
so good in her life.
••if we could transplant these typi
cal Georgia barbecues into South
Carolina we would have such an era
of good-fellowship there that Gov
ernor Blease and all his opponents
would become his fast friends and
we’d have no more of those terrible
fusses.”
So said Miss Fisher as she poised
a cleaver preparatory to bringing it
down upon a particularly juicy piece
of meat. For, with white-plumed hat
slightly a-tilt and face (lushed with
happiness, she was entering right into
the spirit of the occasion and busily
assisting in serving.
“The nearest tve have to a barbe
cue in South Carolina is a fish fry,
and that’s no fun at all compared to
a Georgia barbecue,” she complained.
Miss Fisher is of a wealthy South
Carolina family and has been visiting
relatives in Atlanta for several weeks.
She will return home Thursday.
Disastrous Floods
Sweeping Scotland
Crops Badly Damaged and Much
Stock Killed by Waters in
Perthshire Section.
! Special Cable to The Atlanta Georgian.
PKRTH, SCOTLAND, May 12.—
j Disastrous Hoods are ravaging the
southeastern part of Perthshire, doing j
extensive damage. A great inland j
; sea. 2 1-2 mile s broad, has been |
formed near Blairgowria on Lach j
j Erich. Bridges and railroad tracks}
j have been washed away and roadsj
! are impassable.
Crops have been damaged greatly*
land much live stock has been killed. I
Miss Marie Fisher, of Charleston, S. C., visiting: here, who
Ihinks a Georgia barbecue would reconcile Blease and his foes.
Calls Persian Tunic
Best Garb for Women
Wife of Lecturer Who Has Visited
All Lands Adopts That
Costume.
NEW YORK. May 12.—Mrs. R. G.
Knowles, wife of the explorer and
lecturer, is inclined to the belief af
ter visiting every country in the
world stoat for combination of art
and comfort no dress excels that of
the wtfrnen of Persia.
To back up her opinion Mrs.
Knowles ha- appeared at some of her
soirees and afternoon receptions at
tired in the unusual dress of the
grande dame’ of Persia.
It ! consists of a draped divided
tunic, which looks like, but is not
exactly, the Eastern “bloomers.” The
garment Is of heavy silken striped
material in wonderful colors, Mrs.
Knoivlet* has added an Occidental
touch to this costume by wearing silk
stockings and satin slippers instead
of sandals.
PORTUGUESE WARSHIP
CRASHES UPON ROCKS
Special Cable to The Atlanta Georgian.
HONGKONG, May 12.—A wireless
message received here to-day stated
that the Portuguese cruiser Adamas-
tor, bound from the Portuguese De
pendency of Macao to Lisbon, had
t rashed upon a rook near Dumbell Is
land and was badly damaged.
Tjwo British warships have rushed
to give aid.
Woman, 93, Races
in Auto and Wins
Defeats Woman of Twenty-five in !
Twenty Miles—Shopping Tour
Expenses the Stake.
DELMONT. PA.. May 12.—As the
result of some good-natured banter
ing over the speed of their motor
< ars and their ability as drivers. Mrs.
George Wallace, ninety-three, and
Mrs. Harry Leordon, twenty-five, rat
ed twenty miles to Greensburg, the
stakes being the expenses of a shop
ping tour in the latter town.
The start was made at 8:30 a. m.,
and 53 minutes later the elder wom
an drove her car into Greensburg.
Two minutes later Mrs. Leordon ar
rived. Mrs. Wallace had never
once slackened speed, and according
to Mr. and Mrs. William Blose, her
passengers, she took the curves anti
corners with the daring of an Old-
Held.
U, 0, C. RECORDS DAMAGED
BY FLOODS IN KENTUCKY
The cancer death rate in the United
States is increasing at the rate of
2‘-2 per cent a year, and a corre
sponding increase is occurring
practically throughout the world.
The average age at death In cancer
of all forms is 59 years—60.4 years
for men ami 58.2 for women. Of the
total mortality from cancer 90 per
cent of the victims are forty years
old or more.”—Frederick J. Hoff
man. statistician of one of Ameri
ca’s biggest insurance companies.
‘The American college of to-day is
Members of the Atlanta Chapter,
United Daughters of the Confederacy,
have been sent the following notice by
Mrs. W. S. Coleman, recording sec
retary:
“On account of the recent floods
in Kentucky, the home of Mrs. Roy
McKinney, recording secretary gen
eral, of Paducah. Ky.. has been inun
dated and her papers confused and
damaged. She will send out the cer
tificates for membership just as soon
as she is able to resume business.”
between the upper and nether mill
stones. The German-American uni- I
versity has now become the home
of scholarship and research, if the
American college is to repeat in the
twentieth century the inestimable |
service it rendered to American civ- i
llization in the nineteenth century!
it must recognize the dawn of a
new era. Let the typical graduate
be trained "not only in scholarshins I
and culture, but how to loaf wisely.” J
—Henry Dou's Smith, president of
Washington and Lee University.
“In my judgment everything which
occuis in court should be open to
public hearing. The fact that an
action for divorce is pending should
be given the widest publicity to pre
vent fraud and injury to those who
are innocent. I do not think, how
ever. that the loathsome details—
more humiliating generally to the
innocent than guilty -should o •
published." Justice Guy of the
New York State Supreme Cburt.
1 feel as if I am m iking a twentieth I
century flight into another world.
Comparisons are impossible; it will
take me some time to get my
breath. What a lot Europe might I
learn from wondrous America! But;
then one must consider; it is much j
easier to build up a pew country J
than to change an old one.” C. de '
Bruyne, an Alderman of Ghent, Bel- i
gium. who is visiting New York.
BRYAN TO SPEAK AT AUBURN. |
AUBURN. ALA.. May 12.—Secret i. \
iv of State Bryan will be one of the
speakers at the home-coming week
at Alabama Polytechnic Institute i
June 2.
For the convenience of our readers we have
arranged with the following news dealers to redeem
Hearst’s Sunday American Pennant Coupons;
#
•T ACKSOX'-WKSSEL DREG CO.. Marietta and Broad Streets. «
MARSHALL PHARMACY. Peachtree and Ivv Streets.
PALMER BRANCH 389 Peachtree Shvel.
CRl’ICKSHAXK CIGAR CO.. Peachtree and Pryor Streets,
i’R'EICKSIIAN'K CIGAR CO.. Mitchell and Whitehall Streets.
HARBOURS SMOKE IIOESK, 41 X. Prvor Street.
WEINBERGER BROS. CIGAR STORE. Alabama and Pryor Streets.
BROWN i ALLEN, Alabama and Whitehall Streets.
STAR NEWS CO., Marietta ami Broad Streets.
STAR NEWS CO.. Peachtree and Walton Streets.
WORLD NEWS CO.. Peachtree and Marietta Streets.
IIAMES DRCG CO.. 380 Whitehall Street.
ARAGON HOTEL NEWS STAND.
ATLANTA SODA CO., Broad and Marietta Streets.
ATLANTA SODA CO.. Mitchell and Whitehall Streets.
MEDLOCK PHARMACY. Lee and Gordon Streets.
WEST END PHARMACY. Lee and Gordon Streets.
JOHNSON SODA CO.. 411 Whitehall Street.
WHITEHALL ICE CREAM CO.. 284 Whitehall Street.
T. J. STEWART. Cooper and Whitehall Streets.
GREATER ATLANTA SODA CO.. 209 Peachtree Street.
ADAMS & WISE DREG STORE. Peachtree and Linden Streets.
TAYLOR BROS. DRUG CO., Peachtree and Tenth Streets.
TAYLOR BROS. DREG CO.. West Peachtree and Howard Streets.
CRYSTAL SODA CO.. Luckie and Broad Streets.
ELKIN DREG CO.. Peachtree and Marietta Streets.
ELKIN DREG CO.. Grand Theater Building.
•JACOBS’PHARMACY, Alabama and Whitehall Streets.
Out-cf- Town Dealers:
BENNETT BROS.. 1409 Newcastle Street. Brunswick. Ga.
•lOE N. BURNETT. 413-A King Street, Charleston, S. C.
REX VIXING, Dalton, (la.
ORA LYONS, Griffin, Ga.
1 HE GEORGIAN CAFE. East Clayton Street, Athens, Ga.
M. & W. CIGAR COMPANY. East Clayton Street. Athens, Ga.
COLLEGE CAFE, Broad and College Streets. Athens, <4a.
ORR DRUG CO., East Clayton Street, Athens, Ga.
BOSTON CAFE. North College Avenue. Athens. Ga.
SUNDAY AMERICAN BRANCH OFFICE. ll>5 East Clavtou Street, Athens, Ga.
. ROME BOOK STORE COMPANY. Rome, Ga.
CHEROKEE NEWS STAND. Rome, Ga.
H K. EVERETT. Calhoun. Ga.
The Heal'st s Sunday American Pennants arc 1 durably made in fast col
ors, with heavily embossed, felted letters. Kadi of them will artistically re
produce the colors and the seal or mascot of some great university or college.
Old Gold and White.
From four News Dealer
Four Colors.
Orange and Blue.
Look for the Pennant Coupon in next
Sunday s issue of
Fair South Carolinan Lauds Georgia Barbecue 1 : j^© (fj'KB
era
CURRENCY LI ^ ure ^ ne Would Reconcile Blease and His Foes
Agetff-T&wH.
Oh, Joy! Ice Wagon
Really Turns Over.
Out in Wei: Fnd the in* wagons
j which ply that hriving section for!
imESEssni
Bill as Outlined Provides for
Emergency Notes Issued Against
Commercial Paper,
By JOIj^N TEMPLE GRAVES.
WASHINGTON, May 12.—The Wil
son currency bill will follow swiftly
upon the Wilson-Underwood tariff.
The President has said it, and there
will be no failure to do his will.
With the tariff bill disposed of
by the House, the Chief Executive
has set his representatives to work,
and by the time the House returns to
its regular sessions three weeks hence,
it will have for immediate considera
tion a bill that will embody The Wil
son view of the currency.
Senator Robert L. Owen, of Okla
homa, is chairman of the Senate
Committee on Banking and Currency,
and Carter Glass, of Virginia, will be
the chairman of the House Commit
tee as soon as that position is filled.
The President expresses full con
fidence that he will be able to press
this currency bill to enactment be
fore the special session adjourns. He
goes the full length of positive speech
in declaring iu will be a law before
the general session of Congress. He
is fully as emphatic about it as he
was about the tariff bill.
Outline of the Bill.
From an inside and absolutely re
liable source I have the exclusive out
line of the administration’s currency
bill, which is substantially as fol-
folws, stated with the bias of the Ad
ministration’s friends:
First, to provide a plan which
will make available for commer
cial purposes in larger degree the
reserves of the banks by permit
ting the reserves to go in large
part to reserve banks, incorpo
rated and located in sufficient
number of places to be convenient
of access tef all the banks of the
country.
By permitting these reserve
banks to borrow and lend to each
other, and by permitting them to
rediscount for smaller banks
commercial paper of specified
standard, based on actual com
mercial transactions, the member
banks could obtain a credit mar
ket for commercial paper from
the reserve banks in which they
have stock. The probable stock
of the reserve banks would total
10 per cent of the present stock
and surplus of the national banks,
amounting to about $160,000,000.
Government Depositaries.
It is proposed that Government
deposits shall be kept in these re
serve banks and thus become
available for use by the commerce
of the country. Moreover, there
probably would be an inducement
held out to the member banks
which would organize the reserve
banks to keep larger deposits
with the reserve bank by allow
ing them a part of the earning
power of such reserve banks, ap
portioned to their average depos
its.
By this system the reserve
banks would start off when in
running order with an available
capital of approximately $800,-
000.000, and the reserve of the
country will be made much more
active and fluent than heretofore.
Elastic Currency Plan.
{trade usually are followed about*
{ from street to street bp children who,
are looking for small bits of the con-*
gcaled moisture when chipped off by
the icemen. The drivers of these j I
wagons seem to be on the Job from I
season to season and conn to know I
all the children by name. f
Sever.il days ago, when the weath
er was lather warm, a joyous ca-|
t a strophe happened on Culberson
Street. One of the big wagons was
■n the street when the mules attach
ed to it became frightened at a piece
of paper which was fluttered about
under their noses by a sudden gust
of wind. The mules bolted.
Down the street they tore at break
neck speed. Then one of the wheels
-hit an electric wire pole and the
wagon promptly turned 'over, break
ing the. wagon tongue and strewing
the street with his cakes of ice. The
children viewed the affair with
squeals of delight. Not only had
they been treated to a sure enough I
runaway, but here was enough ice
on the ground to make their little
tummies cool for a week.
So down they swooped on the
wreckage. They were met by. one
of the ic« men who politely but firm
ly informed the kiddies there w a -
nothing doing. The ice. he said,
still belonged to the company and
he’d protect it with his .ife. That
started something. The children
surrounded him and filched bits; of
ice when lie wasn’t looking. The
driver had gone to a nearby tele
phone to have another wagon sent
out to carry off the remains of the
load.
The man <»n guard had his hands i
full and realizing he was no match I
for the horde of youngsters, toe bar- ;
gained with them. Everybody got!
a big chunk of ice provided they’d
promise to go ’way and let the rest]
of it alone. And the kiddies kept i
their promise.
• * *
Wore a Flower
For Mother’s Sake.
It was Mothers’ Day in Atlanta.)
and all over tin* country, yesterday j
and lots of men wore a white flower j
for mother's sake. Many of the At- j
lanta florists anticipated a demand}
s for flowers and laid in a big supply j
of white carnations.
For a long time in Atlanta nnjn j
| didn't like to wear flowers. The
only explanation is that they might
be taken for weaklings; the habit,}
they figured, wa- one for women, not
men. There is one man In the city,
however, who for thirty years has
always worn a little buttonhole
bouquet, summer and winter.
is the confidential man for one
of the big drygoods concerns and al- ,
though he celebrated his seventv-sec-
• until birthday yesterday—he is as
| straight and active as a man of half
j that age. He is passionately fond
of flowers and if he were to be with-
I out his little bouttontiiere it is like-
I iy that the day would seem all wrong
to him. His wife has made it her
special duty to see that bis bouquet
is ready each morning, usually plac
ing It beside his plate at breakfast.
His bouquet yesterday was a beau
tiful white carnation, a little token of
love for the old mother who died a
good many years ago in Ireland.