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THE ATLANTA GEORGIAN ANT) NEWS. 1 E Huge Monopolies Crush Organiz ers and Crumble From Own Weight, Declares Forbes. By B. C. FORBES. 'A Do we really need to become vary excited over the growth of American combinations? Is it, after all, neces sary to pass laws restricting their size? • • • Recent events suggests th^t nature and natural laws tend to govern this problem better than man-made laws. Is not growth carried to ex cess apt to lead to disintegration? Does not abnormal centralization bring decentralization? * * • There is a limit to what one man can do. If he be brainy he may be able to direct intelligently the labor of a thousand men. If he be a genius he may efficiently organize and su pervise the work of a hundred thou sand men. But breathes there a hu man being who can effectively in spire and control the energies of half a million of his fellows? • • • Charles A. Mellen sought to carry centralization to excess. And do you hot see that the first task of the New Haven directors is to bring about decentralization? No individual could hope to preside successfully over a huge railroad system, an intricate and extended trolley system and a large steamship system. Mellen aim ed at doing all that. The new scheme is to split up the organization into several parts and place a practical, trained man at the head of each. * * • The greatest industrial combina tion in the world is the United States Steel Corporation. The ablest brains in the country joined to build it up. At first responsibility was divided, but gradually one man has assumed control, Elbert H. Gary. An argu ment for centralization? I rather think not, for the strain has been so great that Judge Gary has aged twen ty years in the last five. * * • Andrew Carnegie regards him as one of the greatest geniuses ever born. But even Gary cannot long continue to direct the Labors of 200,000 men, notwithstanding that decentralization has been carried far in the way of placing each plant on its own feet and running it as a separate unit. * * • I Was shocked to note the change in the Judge last time I saw him. His physique and his spirit have both un dergone a terrible ordeal. I question whether any man will be found able to fill his shoes. The tremendous size of the corporation has not made it more profitable than small, well-man aged steel companies. Some of its competitors, less unwieldly, are do ing better. * * * • Let us turn to the railroad world. The greatest railroad system ever de vised is the Pennsylvania. Cast your mind back over the roll of its presi dents and you will realize that the office has killed them. One by one they have gone under. The human frame and the human mind could not bear up against the super-human task, despite the fact that no more perfect transportation machine was over evolved. * * • Harriman centralized to excess— do you remember how he declared to official investigators that he would buy up every railroad in the country if the Government would let him? Well, the load crushed him into a premature grave and hi# successors are turning to decentralization as the only way out. No man has been dis covered big enough to fill the Harri man mantle, to use his own phrase. * • * James J. Hill may be quoted as an exception to the rule here enunciated. Yet he has not run riot in arrogating power to himself. His chief task was upbuilding the Great Northern. The Northern Pacific, the Burlington and other enterprises have been more or less side lines, the active management of which he placed in other and able hands. Colossal machines constructed by supermen cannot be held together aft er their builders pass away, for su permen cannot transmit their genius to their heirs or successors, Wnen a Napoleon or a Cromwell goes, the jower they centralized is decentral- zed. E Our captains of finance and in dustry to-day are not less ambitious than those who have gone before, but the very ablest of them are coming to realize that human nature has its limitations, that the mind and the body can stand only a limited amount of pressure, and that the penalty must be paid for every excess. • • • Then, too—this statement will be challenged by those not familiar with part of their glamor. Power is a the facts—swollen fortunes ffre losing magnet as strong as of yore. But it has been learned that power can come only through careful recogni tion of tne public’s rights and de sires, and that to ride roughshod over the people’s will is to court disaster. Selfish centralization of excessive power is frowned upon, and the lead ers of to-day know it. They are. therefore, less given to attempting autocratic designs. They see that safet'- and lasting success lie in mod- or'** : ^n, not in JUST LIKE A WOMAN Rah! For Gbe Wolo! Harvard’s Black King CAMBRIDGE. MASS.. July 31.—A full-blooded African chieftain has Just passed his entrance examinations at Harvard with flying colors. He is P. Gbe Wolo. Hi? people, 300,000 strong, are the Krus of Liberia. They have no written language, so he has begun the stupendous task of reducing his language to writing, making a gram mar and translating the Bible. He speaks French fluently and Eng lish without the trace of an accent. Arrested in Pulpit For Deserting Wife DAYTON, OHIO, July 31—With a Bible In his hands and in the act of delivering the Invocation at the eve ning service in a local church. Rev. Virgil B. Slater, of Youngstown, was arrested to-day by detectives on the charge of non-support of his wife and two children. Rev. Mr. Slater has been sought for several months by the Youngstown authorities. He came here about a year ago. Bryan Rejects Offer For a $3,000 Speech ST. LOUIS. July 31.—Secretary Bryan, in a message received to-day, declined an offer to speak at the Coliseum in this city. Spearmen Lewis*, the promoter, had arranged to “play the Secretary of State at popular prices.” It was estimated that house would be worth $6,000. of which the Secre tary was offered one-half. Mr. Bryan replied that he was speaking “during ft limited period, and then only at Chautauquas.” RESERVE VIM THE SHOE SALE of the Season will start to-morrow (Friday) morning The best Shoes—the best Styles—the best Values and the largest stock of Footwear to select from. Wfe will sell SUMMER SHOES for Men & Boys Ladies, Misses and Children, at prices lower than we can buy them for to-day Johnston & Murphy’s and Stacy Adams’ Men’s Shoes are included $7.00 $g.oo $5.00 $4.00 $3.50 $3.00 Low Shoes now only.... Low Shoes now only.... Low Shoes now only.... Low Shoes now only.... Low Shoes now only.... Low Shoes now only.... $5.35 $4-85 $3.95 $3.15 $2-85 $2-45 All Ladies’ Fancy Slippers for Evening or Street are included $2-50 $2-oo $1-75 $£.50 $£.25 $£.00 Low Shoes now only.... Low Shoes now only.... Low Shoes now only.... Low Shoes now only.... Low Shoes now only.... Low Shoes now only.... $£.95 $£.65 $£.45 $£.20 95 c 85 c These prices apply to both our main floor and downstairs department. Sale continues through month of August Goods sent C. O. D.—Exchanged, or charged, if you have an account. All Summer Hosiery Reduced f’oorcoVgJUJist**JUAM*ma 27-29 Whitehall Street MAILORDERS Receive immediate and careful attention 33gSS553S0SS33SeS3833._ Final Hours Find Contestants Piling Up Votes by Thousands. Hustlers Will Win. Thursday at midnight, the Georgian and American pony contest closes. It will be a day of bustle and ac tivity. There is not a candidate who has not saved leserve strength for the last spurt. The votes are rolling in by thousands upon thousands. The bonus offers now are nothing but history. Votes count on the last day only according to the straight schedule. From a month to two years, subscriptions to The Georgian and American in combination, or singly, yield votes which will win for twen ty-two happy boy’s and girls, a pony each. Eleven more boys and girls will win gold watches, and eleven will win silver watches—there are forty - four prizes in all. The flrst contestant in each dis trict wins a pony, cart and harness. The second wins a pony, saddle and bridle. The contestants of all the eleven districts are not pitted against each other, except that the winner receiv ing the most votes has first choice of the ponies, and so on down the line, until the last of the twenty- two winners gets the last pony in the string. But th-3y are Jill good little animals, sound and strong, and the twenty second is as good in all rea: essentials as the first. The contest las been a thorough success. It will make forty-four chil dren happy witn prizes, and it has given to all who went into it earnest ly some business experience which will be worth more in later life than the value of a pony or a watch. Nothing but commendation has been heard for the manner in which the contest has been conducted, and. indeed. It could hardly be otherwise for nothing but scrupulous fairness has marked the entire race. AMERICAN FLAG ^^>'^^^S^^S^S^^!333SS^9eSS39S^SS9339S33i &23SS33323ee£33£S2g£83d3ei OFFER $S$a9S99SS99S8$$3SS983SSaa2SS9S Valued at Five Dollars for 90 cents This beautiful American Flag, the very latest, with 48 stars, made of fine bunting. Cut out Coupon below, and bring to THE HEARST’S SUNDAY AMERICAN and ATLANTA GEORGIAN Of fice, with 90 cents, and secure one of these beautiful flags. THIS COUPON and 90o entitles the holder to an American Flag, 6 feet by 8 feet, when presented at oar offices, HEARST’S SUNDAY AMERICAN THE ATI ANT A GEORGIAN 20 EAST ALABAMA ST. 35 PEACHTREE ST. Flag's mil be mailed at an additional charge of lOo for postage. F^very man is proud to say he is an American, and it is his duty to see that “Old Glory is flung to the breeze” on every appropriate occasion. See that you have one of these 41ags at your office or at your home. Take advantage of this offer. Hearst’sSunday American and Atlanta Georgian 20 East Alabama Street 35 Peachtree Street ATLANTA, GA.