Below is the OCR text representation for this newspapers page.

i i 11 h, A i L V.N i A (i i\(m( > i A N AiVi u. $. is me of Financier Warns of Credit Strain Resulting From Lavish Ex penditure of Money. DETROIT. May 27. Joseph T Tal- hert, vice president of the National City Bank, of New York, in an ad dress delivered before the Bankers' Club here, declared everything has been dear except credit, and, as a result, “our expanded loans and de posits constitute the weak spots in our domestic and business situation.'' Mr, Talbert gave statistics showing the gross loans and investments of all the banks in the United States since 1907 has been somewhere in the neighborhood of $5,000,000,000, while the total increase in the gold stock of the I’nited States since 1907 aggre gated $506,000,000. “This condition." said Mr. Talbert, “although perhaps not so strong ( as it should he to justify and frroperly sustain our increased loans, still is assuring and shows that there is no substantial ground for alarm." Delight to Squander. Mr. Talbert caused quite a stir when he said that “evidence tends to show that individually and collectively we are a nation of spendthrifts. “It is our habit and delight to squander, and no amount of preach ing will have any effect upon our prodigality as a national trait.” Mr. Talbert, in leading up to an ex planation of the drain on New York's gold supply by Europe, said the lend ing power of German banks had been strained to the limit; that Germany borrowed money here and sought to draw gold from us. In calling attention to the persis tent hoarding of gold by the French, he said the French, not content with the mere hoarding of their own gold, at heavy losses of exchange, forced frop> us, either for their own account or for that of South America, upward of $56,000,000 of gold. “The movement is going on and may continue indefinitely. "For lack of protection for our gold stock we have been obliged to sit helplessly and to submit to th's forced exportation of gold, to our disadvan tage and discomfort. “This gold movement taking place at such a time and under such condi tions demonstrated the fact that often ’ias in on stated in fore—that New York 's the only free market in the world for goid-” Need Outside Money. Mr. Talbert said ah enormous amount of railroad financing must be done during the next year or two, and nearly all of it will be done at home with difficulty and in all prob ability at a higher level of intecest rates than we have been accustomed to in such undertakings in recent years. Mr. Talbert uttered “a word of cau tion against the practice which has beer all too common among mer chants and manufacturers, of finan cing themselves too largely through note brokers." In concluding, the banker said it should be remembered that we are neither in nor approaching a period of speculation, and that credit is in no danger whatever from that source now. rior will it be in the near future. He added that courage should be tak en from the fact that thus far the ‘fTOrmses of another year of bountiful crops are exceedingly bright. Wylie Smith Says He Will Be Cleared BULGARIA READY Gov. Hooper Welcomes Veterans GIRLS BURN BOOKS TVWn^edfrom. a prison rell \ioJda> a/iernonn on $3,000 bond. J vVylic Smith, former president of the Com- men i$l Loan an<!l oUijt'"t’ompanj. wIfp recently wa? brought back from Mexico aft$r elouing officers of the ikw f«Ji .t o'years a$i<l service on the haltleflelcl v\Yth t)iaz and Ma- lieio. expects to devote his entire time to iccovering his health. No date has been set for the trial of Smith on the charge of foi'g^iw Smith declares that papers found since his return to Atlanta will prove his innocence. :*•*:* Girl of 4 Is Second Cousin to Herself First Republican to Greet Them v • *r* • 'I* v# , |* •J***!* •!•••!* Ban on Riding Astride Causes Stir Latter Country Warned Not to Annex the Turkish Territory it Now Occupies. Liners Crippled in Crash Reach Port Special Cable to The Atlanta Georgian. CORl'NNA, SPAIN, May 27. With her bow plates broken, a big hole in the port side and her hold full of water the steamer Taitus. which col lided with the British ship Inca yes terday. arrived in port here to-day. VIGO! SPAIN, May 27.—The British passenger liner Inca, which was in collision off the Spanish Coast with the Taitus yesterday, arrived in port here to-day with her bows stove in and her forepeak full of water. Special Cable to The Atlanta Georgian. ST. PETERSBURG, May 27.- Bul garia will declare war against Ser- via if the latter country annexes all the Turkish territory it has occupied since the outbreak of the Balkan war This was the message received hire to-day from Sofia, and it contained the additional information that Bul garia is ready to begin hostilities at once. Servia holds most of the strategic E. Maddox, of 37 Richardson Street, one of the Atlanta veterans i off for the 1 reunion at Chattanooga. $6,000,000 Mission Fund Baptist Plan Girl of 10 Is Best in Missouri Speller XJEFKKRSON MO, Msy'27/ ' Opal Mitchell, ten years old. of Lick ing. Texas County. won a $100 prize and was declared the best speller In the State. In a contest In which 60 T-upils from as many counties c-dn- tos^ed, she misspelled hut '3 of 200 words; The three words misspelled by Opal Mitchell were: Chalice, besieged and weasel. Baraca Leader to Speak in Atlanta Frank Anderson, field secretary of the World-Wide Baraca Union, will deliver an address' on Baraca work at .the Edge wood Baptist Church on nex< W Monday eveningT . tj’ff '*» Mr Anderson 4s one of the best speakers along fliiK line of"Uh-risfian endeavor in the United States. CUBED TERRIBLE HUMOR ON FACE Could Not Go On Street Without Veil—Tells What Resinol Did For Her. S PhjlaSdclphia. Dec. 6, 1312.—-“In > December. 1908, my face became n store. I tried everything that was > recommended, and face got 1 worse instead of better. T. spent, over $1Tni and got jio benefit.-- The ftfccfe arid nose ftet& wry red and the eruption had the appearance of small boils, which itched me terri bly. 1 can not tel! 'you how ter- < rible my face looked^-aH 1 . C£'n ) say is. it was dreadful, and I suf- l fered beyond description. ; "I have--not gone on the street < any time since 190S without a veil,' ) until now. Just four months ago ■< a friend persuaded me to give; / Resinol a-trial. 1 have used three ( rakes of Resinol Soap and less . than a jar of Resinol Ointment, < and my face is perfectly free from ; any erupt ion, and my skin is as J clear and « lean as any child's, it \ < is about four weeks since-the last > pimple disappeared." (Signed) < Mrs. M. J. Bateman. 4256 Viola St. ) Practically every druggist sells < Resinol Ointment (50c and $1.00) ') and Resinol Soap (25c*). but if you ^ are suffering from itching, burning ilk in troubles, pimples, blackheads, dandruff, ulcers, boils. stubborn sores, or piles, it will cost you nothing to try these soothing, heal ing preparations. Just send to Dept. 26‘-S. Resinol. Baltimore, Md. v for a free sample of each. DETROIT. MICH.. May 2T.—The fifth annual report of the general ap portionment committee, which includ ed a recommendation that the con vention make the raising of $6,000,000 for missions annually the ultimate objective, was presented to the North ern Baptist Convention in session here. The recommendation was approved. IT AGNES SCOTT Seniors End College Year With Torchlight Parade and Big Bonfire on Campus. MINNEAPOLIS. May 27 -Mrs. Jen- nie Golden, who when thirteen years old was married to her half nephew, then twenty years old, has filed suit to have the marriage annulled, so the relationship of their four-year-old (laughter, Margaret, may be ptraight- j cried out and the girl not he com- I polled to go through life as second | cousin to herself. • Christian Golden, the husband, wants the marriage annulled, too. their t he an 1 With stars twinkling and light* glim marine*, the sen Agnes Scott made a bonfire hooks on the campus. Aider torch-bearing by sophomon I surrounded by several hundred alum- | nae and friends, they went through the ceremony with all of the gayetv that only a crowd of college mails could display. Burning of the books followed a I torchlight parade on the campus. As the torch-bearers tripped over the beautiful lawn, their class songs an.i cheers drew a hearty response from the crowd. A glee club concert opened with the cantata. "Death of Joan of Arc," led by Miss Almedia Sadler and Miss Isabel Norwood. "The Last Rose of Summer" and "A Serenade," by Miss Rosa Hill. "Mammy's Little Honey" and "My Lady cio," by Mias Sadler; Loves Dilemma,” by Miss Norwood, and a rendition of "Annie Laurie." by Misses Jean Ashcraft, Isabel Norwood, Pau line Bruner and Rosa .Hill, w ere' fea tures. Tuesday night the two literary so cieties will cross swords in a debate on the question: Panama (’anal Kahn Urges Plan to Strengthen Army WASHINGTON. May 27.— An army reserve created by one-year enlist ments is advocated by Congressman Julius Kahn, of California, who de clared to-day he believed Japan's pug- j nacious attitude was due to the i knowledge that few* American men I have even the rudiments of military training. Kahn advocates an enlistment of j «>ne year of active service and three years in the reserve FOR UPLIFT WORK Mrs. Sarah MacD. Sheridan, For mer Georgian, Tells Why She Didn’t Fight Divorce. “Resolved, 'That th° should be free." Georgia Hardware Men Here Wednesday More than a hundred hardware jnen are looked,for in Atlanta Tues day and Wedpeeday fqr the annual convention of the Georgia Refill Hardware Men's Association. Sessions will he held at the Audi torium, beginning Wednesday morn ing and. will continue through Thurs- YTa\ and Friday. Several of - -the hardware manufacturers of the State will have exhibits. , Qffiqers of x the association * are; President. T. G. Greene. Eatonton: fiCH vjee president. J. R. Hall, Moul trie: second vice president. J. E. Sapp, Albany; secretary and treas urer. J. L. Moore. Madison. Policeman Knocked Out by Thunderbolt PolicemeMi J J. Clack w*as shock ed into unconsciousness by a bolt of lightning that struck somewhere in the, yUdnity of Peachtree and Hous ton Streets, punctuating the down pour of rain early Tuesday morning. TJ-ie policeman at the time of the thunder clap was reporting to head quarters from the police box on that corner. Clack whs revived in a nearby drug store and taken to his home. Ask Wilson to Force Clerks to Pay Debts WASHINGTON, May 27. —Protest ing against tjie number of govern ment'employees who fail to pay their debts, the Retail Merchants’ Associa tion will send a letter to President Wilson bskfng th.it the matter be laid before tin several *■ members of the Cabinet, with the request that some action be taken in each of the ten departments. points in Central Albania and Mace donia. Czar Nicholas has informed the Bulgarian Government through M. Sazonoff. the Foreign Minister, that he will not act as arbitrator betw*een Bulgaria and Servia. Turks Plan to Resume War On Quarreling Allies. publican Governor would be at tempted, but it failed to materialize. General Young a Speaker. General Bennett H. Young, comman der in chief, followed Governor Hoop er with his annual address, the chief feature of which was his tribute to Southern womanhood, j < Veterans, sponsors, maids and visi tors are exercised to-day over ! whether women shall ride astride in the reunion parade?. General J. P. j Hickman's order that only side sad dles for women shall he permitted has caused the stir, and this promises to become an Issue overshadowing the real business of the convention of veteran?. General Hickman, commander of j Jjie Tennessee division. Is grand mar- i sWal of the veterans' parade. Although j he issued his order last week that women should not ride astride, it was not until the visitors had begun to jg.SjJ.her yesterday and to-day that real .•opposition to it became pronounc'd. This' opposition comes largely from sponsors and maids who had planned Jo don divided skirts or riding trous ers and sit. on their steedg'Jike men. and Sons of Veterans chosen as their escorts. Order Will Stand. But for every opposing voice there is one commending General Hick man's decree, the approval coming from veterans and their wives and some of *he younger generation who do not approve of the present-day style. To-day the indications are that General Hickman’s order will stand and that in the veterans’ parade at least side saddles alone will be permitted on women’s mounts. The first of the reunion parades took place this morning at 9 o’clock, when the Eleventh United States Cavalry, stationed at Fort Oglethorpe, on the edge of the Chlekamauga bat tlefield national park, marched through the downtown streets of Chattanooga in full dress uniform and equipment. Cheer U. S. Troops. The old veterans of the gray cheered the Government troops de spite the faq,t that they Ivor# the blu* uniform that 50 years ago the men Old Soldiers Cheer U. S. Regu lars in First of Parades at Chattanooga. CHATTANOOGA, TENN.. May, 27 For the first time in the more- than twenty years of the organization, the CONSTANTINOPLE, .May 27. - The \jnited Confederate Veterans were possibility that Turkey, taking ad van- : welcomed at their annual reunion %y tage of tho dissension among the Bal- | a Republican Governor to-day when kan allies, may resume the war j Ben vv Hooper officially extended the aga;nst the states in thw Balkan hospitality of Tennessee to the old league is looming up. It was learned here to-day that the Porte has ordered $4/000.000 worth of fresh arms and ammunition, and that Enver Bey. chief of staff of the Turk ish army, is attempting to re-form the various divisions of the Ottoman army. Although peace negotiations have not been commenced by the plenipo tentiaries in London, il is deemed un likely that Europe would alk*w a re sumption of the war. ‘Naked Truth' Too Naked for St. Louis NEW YORK. May 27. When Pro fessor William Wendschneider, the famous German sculptor, arrived to day from England and learned -ihat his statue. "The Naked Truth," de signed for the Praetorius-Schurz- Daenzer Memorial Committee of St. I^ouls, Mo., had been rejected be cause it was too daring, he emitted a wall of protest. Thfe pfofessbr caugh* the first train going West, determined to change th opinions about ’ "Thb Naked' Truth.” ■ second quadruplet dies.' BOSTON, May 27.—Eleanor Seeley one of the quadruplets born to Mrs. Thomas H. Seeley, of Dorchester, is dead of inanition. This ip MV se< - nnd of the .four babies to die. The two jilhars. no,w nine months old, are In flpe health. soldiers and the thousands of other visitors assembled here. The reunion formally opened at 10 o’clock with exercises at the re union auditorium. Meetings of affil iated bodies yesterday were only pre liminary to the assembling of the veterans. W. E Brock, general chairman of the Chattanooga reunion coTnmittees, called the assemblage to order and. delivered the gavel to General John P. Hickman, of Nashville, comman der-of fhe Tennessee division. Dr. J. W. Bachman, of Chattanooga, chap lain general of the U. C. V., pro nounced the opening invocation and then Governor Hooper delivered his address. It was rumored that a hos tile demonstration against th Re- CASH GRO. CO, Recandled Country EGGS OOZEft CASE of the South so bitterly hated. It was a notable illustration that this is again a united country and sec tional lines are fast being obliterated. A half-hour later a short business session was held by the Sons of Con federate Veterans, after, which came the formal opening of the reunion by the veterans. This afternoon business sessions will be held by the Veterans. Sons of Veterans and Confederate Memorial Association. To-night the big social functions that will mark the reunion will be gin. Business sessions wore held this afternoon by the veterans. Sons of Veterans and the memorial as'socia^ tions. Social Affairs Bogin. At 4 o'clock this afternoon the army of official sponsors and maids of hon or will parade the downtown streets in automobiles provided by the en tertainment committee and their es corts. At 7 o’clock a garden party will be tendered the sponsors and maids at Warner Park. The United Daughters of the Con federacy will entertain the veterans w ith a reception at the Bennett Young Pavjlion to-night. A business session of the Sons will take place at 8 o'c lock at the- Audi torium. Preparations for the unveiling of the Alabama monument to-morrow morning are being made to-day. A large delegation has arrived from Alabama on a special train. The un veiling will take place at 10: 30 o’clock. Th« .Florida- monument will be un veiled an hour earlier. t Young for Re-election. General Bennett H. Young, com mander-in-chief, will probably be- re elected by the veterans, though there is some talk of opposing candidates. He is serving his firvt year, having been elected at the Macon reunion last year. Active campaigns have been launched by Jacksonville, Fla., and Tulsa, okla., for next year's gather ing. Other cities mentioned for this honor are Nashville, Richmond. Bal timore. San Antonio and Denver. Nashville and Richmond have enter tained the veterans in the past. None of the other cities mentioned has had a reunion. Camp A. P. Stewart, in Jackson Park, where tents and commissaries have 1 been established for those vet erans unable to pay for hotel accom modations, is to-day sheltering Its quota of old soldiers and presents a warlike* appearance. Last night, after the day’s arrivals had been assigned to quarters, unpacked their luggage and had supper, they gathered around their camp fires and retold stories of the*war and particularly of the cam paigns around Chattanooga and (’hicka manga. Negro Leaders in Annual Conference NEW YORK. May 27.-— Mrs. Sarah MacDonald Sheridan, former Geor gian and daughter of one of the lead ing men of the Southern States at the time of the Civil War, told to-day why she permitted her husband to obtain a divorce in Reno without con test. Her husband., Charles Oscar Sheri dan. went to Nevada four years ago for his health. She refused to join him there. He obtained a decree lor Dr. W E. B. DuBoae, of New York, former head of the sociological department of Atlanta University and founder of an annual conference for the study of negro problems, was the central figure at the eighteenth ses - slon at the University Monday Drills atid songs were given by 170 negry children from the free negro kindergartens of Atlanta. The prin cipal address w as by Dr. Du Bose on the need of education and play to conserve the moral forces of the ne groes. "BLUE SKY" FOES MEET. Members of the committee of the Chamber of Commerce who arc deal ing with the proposed "blue sky" law met Tuesday in the Empire Building. absolute divorce la?t Saturday. She said to-day ahe regarded it as her great duty to continue her socio logical work, in which she had been ergaged for 30 years. Mrs. Sheridan is the founder of the "New* National Fireside" movement for the opening of public schools after hours as neigh borhood social centers, and declared she believed her work along these lines of greater importance than the maintenance of her domestic rela tions "I have lived to see my son. Mark Sheridan, in the old family home in Atlanta, ^acoma one of tba moat promising young mural painters of the day," she said, "and my daughter happily married to the younger son of one of England’s noblest families. This accomplished. I feel that my family life has been full." Mrs. Sheridan is an intimaie friend of President Wilson and his family and is a musician of ability as well as a sociologist. From her youth Mrs. Sheridan devoted' her talents to the Improvement of social conditions in her own State. The Martha Berry Industrial School was established mainly through her efforts. Hickory Smoking Gives Swift’s Premium Ham and Bacon Wednesday and Thursday Specials BETTER-BREAD We will sell, Wednesday and Thurs day only, 1 he 1‘anions Better Bread and Piedmont Jelly Rolls at extra special prices. These are the two most popu- » - lar specials of the finest, most modern, LOST sanitarv bakery in Atlanta. Piedmont Jelly Rolls 8c Each Fresh Vegetables and Fruits Crisp, Tender Georgia Snap Beans, quart ^2^ 3lc Fancy, Smooth New Irish Pototoes, quart . . . Fine, Large Yellow Squash, Ql-* regular 10c kind, pound . ^2^ Extra fancy, full ripe toma- Q toes, quart 4-quart Basket .... Delicious Ripe Pineapples, regular price 10c, this sale 25c 4k Regular 10c and 15c Foods at 8c 8< : for lOe-bottle Pure dis tilled Apple Vinegar. 1 for 10c can American Beauty Hominy. ■ for a- package of Hirslt's Imported Bird Food. ■ for No. 2 can Piedmont Hotel Brand Tomatoes. for 15c package of ftvap- Xc S( A nut-like flavor, a rich brown color, and long keeping quality orated Apples. K( for Best regular 15c can Polk's ?umpkin. for Enoch Morgan's Hand or Kitchen Sapolio. for Regal Sour or Sour .Mixed Pickles, for Spencer's Horse Rad ish and Mustard. for Dr. Price’s Fruity Desserts. He for a 15e can Clear Lake Early .Inne Peas. 8c for a 10c package Victor Toy Oats. 8 ( The color of Swift's Premium Ham and Bacon is a bright glossy brown that tempts the appetite. The flavor is always the same distinctive Premium flavor. You will like them for there are no others “just as good” as Premium Ham and Bacon. Have your dealer send you a whole Premium Ham to bake. A Rogers Store is Located in Your Neighborhood Corn Fed U. S. Inspected Carefully Selected Sugar Cured Hickory Smoked Parchment Wrapped Fancy Messina LEM- SI.40 ONS 100 for “Good Food” Swift & Company, U. S. A. CASH GRO. CO. 1IS and 120 Whitehall S». “Smoked in Atlanta A 109 114 1 16 121 122 132 133 183 195 213 236 JJ North Broad Street. Williams Street. Mariatta Street. Whitehall Street. Peachtree, Street. Capitol Avenue East Pine Street fvigewood Avenue West Peachtree Street Fnj&reat Avenue Gordon Street West Mitchell Streei Fast Georgia Avenue. South Pryor Street- Capitol Avenue. Houston Street t'ak Street 309 Tonce DeLeon A vein ue. 355 South Pryor Street. 361 FCuclid Avenue. 380 Marietta Street. (02 Luckie Street 412 Spring Street. 427 Grant Street 439 Whitehall Street. 153 Stewart Avenue 464 South Pryor Street. 166 Woodward Avenue. 812 Peachtree Street. 29 Garnett Street. Newnan, Ga Decatur, Ga. East Point. Ga. Marietta. Ha