Atlanta Georgian. (Atlanta, Ga.) 1912-1939, August 22, 1913, Image 12

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12 TTTT: ATLANTA GEORGIAN ANT NEWS. FLAWS IN THE New York Banker Says Advan tages Claimed for New System Are Distinctly Negative. CHICAGO, Auk. 22.—Criticism of the Wilson Administration’s currency bill, as expressed his afternoon by A. Barton Hepburn, chairman of the board of the Chase National Bank of New York, In an address as chairman of the conference from the Currency Committee of the American Bankers’ Association, in session here, may be summarized as follows: Bank Control—"The men whose training and experience would seem to qualify them for the administra tion of respective hoards of the Fed eral reserve hanks are discriminated against and kept in the minority. Banks are obliged to furnish the capital; they are deprived of even approximate control." Credit Control—"Although under the Federal control, banks can loan to none but the member banks, and may not be in funds to loan to them, yet they are required to fix and pub lish the rate of discount .’’ Sees Ruinous Competition. Savings Banks—"If compelled to apportion capital and reserve to their savings hank business, may it not induce national banks to give up that class of business? Is that the purpose?” Bank Investments—"For the Gov ernment to specifically direct banks to make certain Investments is an invasion of the held of credit, and something no other nation has ever done " Redemption of Note Issues—"This provision making the Government responsible for the notes which the banks are to issue violates the prin ciples of economics and contravenes the experience of the great commer cial nations." Reserves—"The requirement that certain amounts must be kept with the new regional reserve banks purely as a reserve will curtail the loaning power of the absorbing banks Regional Reserve Banks—"Will there not naturally and inevitably be competition between the regional reserve hanks, competition between the twelve sections of the country, and may we not in the end have competition for cash holdings be tween Individual banks added to the competition of section against sec tion. reserve bank against reserve bank ?” Land Credit Banks Needed. Mortgage Loans—"One great need of the country is mortgage or land credit hanks, but should they not be separately organized and separately managed institutions?" Advantages of Proposed System— "They are difficult to find and seem to be of a distinctly negative char acter. So far as the regional re serve banks are competitors with the banks for business, is it not go ing too far to compel the banks to contribute one-fifth of their capital in order to create competition?" The earnestness with which the Administration has taken up the cur rency bill was worthy of praise. Hep burn said, and he noted the fact that the subject and the many obstacles encountered In Its consideration had rendered the task of accomplishing legislation very great. "Our attitude.” he said, ‘Ms and •hould be one of helpfulness, not hin drance.” Directorate Clause Causes Bitter Fight. WASHINGTON, Aug. 22—The Democratic caucus of the House found Itself in a bitter fight to-day over the question of prohibiting Interlock ing directorates in banks under the new' Glass currency bill. An amend ment to the bill offered by Represen tative Neeley, of Kansas, was under consideration. This amendment was taken directly from the report of the money trust investigation commit tee. Many prominent Democrats of the House, while agreeing that there should be general legislation of some sort to prevent Interlocking direc torates said they did not believe the proposition should be placed In the currency bill. • Prof. Albert A. Bell, Georgia Tutor, Dies Professor Albert A. Bell, one of Geoigia’s leading educators, died at a local sanitarium Thursday. He was superintendent of schools at Sparta. Ga. Surviving him are his “vife, two children, his mother and several brothers and sisters He was a cou sin of Congressman Tom Bell, of Mangum to Run for Sheriff Next June Declaring the rumor that he ex j pected to retire because of ill health ] Is groundless, Sheriff Wheeler C. j Mangum announced again Friday that he will be a candidate to succeeJ i himself at the elections next June Sheriff Mangum states that his heal'h ( is as good as he wants it to be, and j that he . xpects to be in good «ha,i»| for many years With Sheriff Vangum In the rac-\ I It is generally thought that there wlil ' be at least *ur candidates for the of j e. Friends of l’lennle Miner, chDfj deputy under the present Sheriff, j have been urging him to run, and it j is said he has consented to become a candidate. John Owens and Drew j Lydell are also named as possibilities *n the rac*. Industry Bureau Is Good City Booster Since the establishment of the Indus trial and statistical bureau of the Cham ber of Commerce. W H Leahy, seers tary of the new department, h*s an swered hundreds of Inquiries from all parts of the I’nlted States concerning the advantages of Atlanta Most of these letters were from manufacturers looking for a new' location, and efforts are being made to bring them to this city. The letters usually desire Information as to climate, business conditions, pop ulatlon, school census, railroad facilities, hank deposits and clearings and the weekly payroll of the city. Since he took the post of secretary of the bu reau, Mr Leahy has worked hard get ting together all available information about Atlanta, and is now in a position to supply any data requested. Man-Eating Rooster Bites 10; Guillotined LOGANSPORT, IND. Aug. 22.— Logansport’s famous man-eating rooster was ordered killed by the police, and itf* owner, Caslmir Jablowski, was viciously attacked and wounder executing the offender. The rooster had attacked James Paluhbo, throwing him down and try ing to peck out his eyes. The child I turned his head, but the bird gouged deep holes In the youngster’s neck. Ten complaints had been made to ] the police previously about the bird. ‘Bald Jack’ Rose to Lecture for Church SOUTH NORWALK. CONN., Aug 22.—Jack Rose, principal witness In the Ronenthal murder case, will lec ture for the benefit of Christ Epis copal Church, his subject being "Life In the Underworld.” The entire pro ceeds from the lecture will go to the church treasury. Rose’s offer to lecture free was In reply to an appeal sent out by the rector of the church, the Rev. J. H. Brown, which stated that funds were needed to meet certain obligations. Slaying Inspired By French Novel BALTIMORE, Aug. 22—Julian Ed. mond, w’ho killed his sister-in-law. Miss Eleanor Cole, and then shot himself at his home, was prompted to do the deed after reading “The Widow' Lerogue,” one of Emile Oa- boriau’s novels. It was shown. When questioned about a letter he tore up after the tragedy, which re vealed his relations with his sister- in-law for three years. Edmond said he had copied It from the book. Strange Corpse to Cross U.S. in an Auto SAN DIEGO, CAL, Aug 22 -S H Hambley, a local undertaker, will be the sole companion of a corpse in a transcontinental automobile ride from here to New York Hambley does not know whose body it is that he is to drive with across the country. It Is understood that a wealthy former res ident of New York made a request on his death bed that some time his body he taken back to hts old home in an au tomobile. Why is the soda cracker today such a universal food? People ate soda crackers in the old days, it is true—but they bought them from a barrel or box and took them home in a paper bag, their crispness and flavor all gone. Uneeda Biscuit soda crackers Freddy Film OepTrtftat, 7018 Infc*m«Monal N*wa Serrlr* See Him Throw the Bull I GOTTA -SCHEME T tmipow that ruu I over this Post Them put Th' iasso . HERE WHERE TH'OL' STEER LI STEP IN IT? Then »jhen i sat'pull TOO T*>PTK Boll,SEE? in Min cone 1 s better than any ever made before —made in the greatest bakeries in the world—baked to perfection —packed to perfection—kept to perfection until you take them, oven-fresh and crisp, from their protecting package. Five cents. NATIONAL BISCUIT COMPANY COLUMBUS.—Workmen are erect- i ing a new standpipe for the Columbus i Water Supply Company on Wynn's Hill. When completed it will be 210 akn«a U rnu ri ct ruut. [ Proposals of United States and Organizations Going After That Huerta’s Reply Will Be Given Thousand Dollars in Gold First to Congress Monday. WASHINGTON, An*. 22—Wash- Ington awaits the complete and defi nite statement of policy which Presi dent Wilson will give regarding Mex ican affairs when he p»ends his special message to Congrefw next Monday. The President mode no engagements for to-day and is spending all his time upon the preparation of this message, which will include the Mnerlcan proposals to Huerta through Envoy Lind and the reply of Huerta to them. President Wilson doe» not propose to lay his hand entirely on the table in this message and will outline his future policy toward Mexico in only the most general terms. It is unlike ly that any event will intervene be tween to-day and Monday to cause a modification of the message, and in the meantime Envoy Lind has been instructed not to take any steps which will cause a change in the present status. Secretary of State Bryan was called Into conference by President Wilson early to-day in regard to the prepar ation of the mcMsage to Congress on Mexican affairs. Secretary Daniels also conferred with the President. Pickett Residence Is Destroyed by Fire Fire destroyed the two-story frame house belonging to Smith D. Pickett, on the Howell Mill road near the cor ner of Collier avenue, In close prox imity of the residence of Colonel Thomas B. Felder, Wednesday. A defective flue in the kitchen is blamed. Mr. Pickett was the only one in the house when the fire started. He awoke to find the house com pletely enveloped in flames and his room filled with smoke. Mr. Pickett had difficulty in escaping and was unable to save any personal posses sions. Mrs. Pickett is visiting in North Carolina. The house and its con tents were partially covered by insur ance. GRACE REVIVAL DRAWS. Revival services at Grace Metho dist Church are attracting great at tention. Evangelists J. M. Bass and O. W. Stapleton are conducting the services. Cottage prayer meetings are being held dally. There i6 an after noon service at 4 o’clock and an evening service at 8. OBITUARY The body of Oscar W. Thompson, No. 19 East Cain street, who died Thursday, was taken to Macon Friday morning for interment, following funeral serv ices at the home He is survived by his wife, two daughters. Misses Ma bel and Louise Thompson, and three sons, L. F. and C. B. Thompson, of Thompson, Ga., and A. D. Thompson, of Savannah. Mr. Thompson was traveling auditor for the Western Union Telegraph Company. He was a Knight Templar, a member of the Na tional Union and a prominent member of the Second Baptist Church. The funeral of J. Hugh Williams, the four-year-old son of Mr. and Mrs. Harry F. Williams, who died Thurs day at the residence. No. 22 Haygood avenue, was held privately at the grave in eWstview Friday morning. The body of Mrs. John Carter, who died Wednesday, was Bent Friday to Tem ple. Ga., for interment Funeral services were held at Poole’s Chapel. W. Lee Richards, a former Atlantan, died Thursday afternoon at Tucker. Ga. Surviving him are his wife and two children; his father, John B. Rich ards, of Atlanta; three brothers. J. B. and C. G. Richards, of Atlanta, and M A Richards, of New York; four sisters, Mrs. Ida Compton, Misses Alice, Daisy and Annie Richards, of Atlanta. The body will be brought to Atlanta. Prize in Want Ad Contest. A dozen or more churches, lodges and other organizations are in the game to win that $1,000 in gold of fered as first organization prize in The Sunday American and Atlanta Georgian Want Ad Contest and loy al members ar© preparing for a live campaign. The Introduction of coupon books, bearing coupons good for classified advertising, Is proving a great help to contestants, as they are finding It easy to sell these convenient books to friends, neighbors and business folk. A business man uses many col umns of American and Georgian clas sified advertising in the course of a month, and they are glad to purchase coupon books from their friends and pay their bills In these coupons. Several other organizations are planning entering the 'contest this week, and they will have as good start as any, for the campaign is just getting under way. That $1,000 in gold can be used to advantage by anv church or lodge, for every organiza tion needs an addition to a building, a fund for some special purpose, or has some use for the money. And even the second prize, $500 worth of furniture selected by the .winner, is well worth trying for. Individuals are enthusiastic work ers In the contest, too. They have twenty prizes all their own, besides the two grand prizes of a five-pas senger automobile and a double tour to California. And they do not come in competition with the organizations. The Contest Manager is ready to see all contestants or prospective con testants in hls offices, fourth floor Foote & Davies Building, Edgewoo-1 avenue and North Pryor street. He will supply coupon books and infor mation to details. School Head Back; Urges Enrolling Now Superintendent of Schools William M. Slaton has returned from Boston. New' York and other Eastern cities, where he has been on hls vacation. During hls trip he studied school methods^ of various cities and ob tained many new ideas, which he ex pects to apply to Atlanta schools. With Mr. Slaton’s return he is- sued a statement requesting parents to bring their tickets and vaccina tion certificates to his office in the Boys’ High School as soon as possi ble. I. W. W. Threatens to Blow Up U. S. Ships CHICAGO, Aug. 22.—Commodore Perry’s flagship Niagara to-day was being towed to Sheboygan, Wis. Later the historically famous craft will be taken to Buffalo for a Perry celebra tion there. The management of the Chicago Perry Centennial celebration to-day said it was not worrying over the threats of Industrial Workers of the Work that they would blow up the Government ships taking part in the events. The 1. W. W. leaders let! the strike of idlers who were being trained to act as “heroes and pa triots” during the staging of the "Bat tle of Lake Erie.” Tammany Man Runs For Gaynor's Place NEW YORK. Aug. 22.—Chairman Edward E. McCall of the Public Serv ice Conynission to-day decided to ac cept the Tammany nomination for Mayor. He so notified Charles F. Murphy and other Tammany leaders. Notice also was sent to John F. Galvin, of the Tammany city commit tee, who will have charge of the designation meeting to-morrow. The Danger of Imitations. An Ohio druggist writes to “ The Practical Druggist," a prominent New York Drug Journal, as follows: “ Please furnish formula for Castoria. All the formulas I have worked with are either ineffective or disagreeable to administer.” To this “The Practical Druggist” replies: “We do not supply formulas for proprietary articles. We couldn't if we wanted to. His experience with imitative formulas is not surprising, but just what is to be expected. When Castoria is wanted, why not supply the genuine. If you make a substitute, it is not fair or right to label it Castoria. We can give you all sorts of laxative preparations for Children, but not Castoria, and we think a mother who asks for Castoria would not feel kindly toward you if you gave her your own product under such a name.” No mother with a spark of affection for her child will overlook the signa ture of Chas. H. Fletcher when buying Castoria. ALCOHOL 3 PER CENT AVegelable Preparation for As simila I ing the Food andRcgtila ting the Stomachs and novels of Guaranteed under the Edogar Atfl mofltks old' j5 Posts Promotes Digestion.Chfetful- ness and Rest.Contalns neither Opium.Morphine nor Mineral Not Narcotic. Jittipt of Old Dr.SAMJELinUlER flao/Jan Setd“ JLx.Srnna + Rochtllt Sdtl- AriseStod * Ossfru,. him Seed- ni/kd Sugar • —-fkmr. Aperfect Remedy forConsflpa ion. Soui- Stomach.Diarrhoea /Vorras .Convulsioiis.Feverish- less andLoss OF SLEEP. Fie Simile Signature of The Centaur Compart. NEW YORK. Exact Copy of Wrapper. Children Cry For The Kind You Have Always Bought, and which has been In use for over 30 years, has borne the signature of . and has been made under his per sonal supervision since Its infancy. Allow no one to deceive you in this. All Counterfeits, Imitations and “ ,Tust-as-good ” are but Experiments that trifle with and endanger the health of Infants and Children—Experience against Experiment. in use lur over oo What is CASTORIA Castoria is a harmless substitute for Castor Oil, Pare goric, Drops and Soothing Syrups. It is pleasant. It contains neither Opium, Morphine nor other Narco tie substance. Its age is its guarantee. It destroys Worms and allays Feverishness. For more than thirty years it has been in constant use for the relief of Constipation, Flatulency, Wind Colic, all Teething Troubles and Diarrhoea. It regulates the Stomach and Bowels, assimilates the Food, giving healthy and natural sleep. The Children’s Panacea—The Mother’s Friend, GENUINE CASTORIA ALWAYS BEARS TH* CINTAUR COMPANY, NEW YORK CITY READ FOR* PROFIT GEORGIAN WANT ADS USE FOR R ESULTS The body of Milas Hollingsworth, who wan drowned Wednesday night near Austell, Ga., was brought Friday morning to Atlanta, and interred at Oakland Cemetery. Funeral services were held at the grave. Coming of The Sunbeam How to Avoid Thoao Pains and Dia- tro»* Which ao Many Mother* Hava Suffered. It Is • ill) ni.Tv suit ..sjI Know of Mother 1 a rrl.ud Here is a ivxneUy that soft#o* the miu- ! 'I#*, enables them to expand without any strain 1 upon the Ugamonta anU enables women to go through maternity without pain, diiimi, morning »i.'knea« or ary of the dreaded aymptoma so fa miliar to many mothers There Is no fooilsh «U« to harass the mind. The thought* do not dwell upen pain and Buffering, for all such are avoided "numnand* of women n« longer rsal*n thema-Wea to the thought that sickness and distress are natural They know hotter, fot in Mother's Friend they have found a wonderful penetrating remedy to banish all those dreaded azperlenoes It la a subject every woman should be faralilai with, and eren though she may not require aurh • remedy. she will now and then meet some pros pective mother to whom a word In time about Ing Thl* famous remody Is sold by all druigl*‘s Mother's Friend will come as a wonderful bleae and la only $1.00 a bottle It l* for externa! ua« only, and is really worth 1^ weight in gold Writ* to day to the Bradfleld 114% lator Co., 127 LamaJ EDGAR DUNLAP INSURANCE AGENCY INSURANCE AND LOANS CANDLER BLDG. (Second Floor) SEMI-ANNUAL STATEMENT , For the six months ending June 30. 1913, of the condition of the Citizens Insurance Company OF MISSOURI, Organized under the laws of the State of Missouri, made to the Gov ernor of the State of Georgia, in pursuance of the laws of said State. Principal Office—Pierce Building. St Louis. Mo. I. CAPITAL STOCK. Whole amount of capital stock $200,000.00 Amount paid up in cash , 200,000.00 II. ASSETS. Total assets of the company, actual cash market value $819,586.87 III. LIABILITIES. Total liabilities $819,586.87 IV. INCOME DURING THE FIRST SIX MONTHS OF THE YEAR 1913. Total income actually received during the first six months in cash ... $245,964.55 V. EXPENDITURES DURING THE FIRST SIX MONTHS OF THE YEAR 1913. Total expenditures during the first six months of the year in cash ■■■ $271,354.46 A copy of the act of incorporation, duly certified, is of file in the of fice of the Insurance Commissioner. STATE OF GEORGIA—County of Fulton Personally appeared before the undersigned W. R. Prescott, for Egleston & Prescott, who, being d uly sworn, deposes and says that they are the general agents of the Citizens Insurance Company of Missouri, and that the foregoing statement-is correct and true. W. R. PRESCOTT. Sworn to and subscribed befol e me this 14th day of August. 1913. TURNER GOLDSMITH. Notary Public, Fulton County, Georgia. Name of State Agents—EGLESTON & PRESCOTT, General Agents? A -nt- at Atlanta—EDGAR DUNLAP INSURANCE AGENCY. Telephones: Ivy 3460, 3461 SEMI-ANNUAL STATEMENT For the six months ending June 30. 1913, of the condition of the Westchester Fire Insurance Co. OF NEW YORK, Organized under the laws of the State of New York, made to the Gov ernor of the State of Georgia, in pursuance of the laws of said State. Principal Office—No. 100 William street, New York, N. Y. I. CAPITAL STOCK. Whole amount of capital stock $ 800,000.00 Amount paid up in cash 300,000.00 II. ASSETS. Total assets of the company, actual cash market value ... $5,172,641.46 III. LIABILITIES. Total liabilities $5,172,841.46 IV. INCOME DURING THE FIRST SIX MONTHS OF THE YEAR 1913. Total income actually received during the first six months in cash ... $1,880,928.81 V. EXPENDITURES DURING THE FIRST SIX MONTHS OF THE YEAR 1913. Total expenditures during the first six months of the year In cash $1,769,217.85 Greatest amount Insured in any one risk...$ 50,000.00 Total amount of insurance outstanding .... 601,070.662.00 A copy of the act of incorporation, duly certified, is of file in the of fice of ihe Insurance Commissioner. STATE OF NEW’ YORK—County of New York. Personally appeared before the undersigned John H. Kelly, who, being duly sworn, deposes and says that he is the vice president of the W’estchester Fire Insurance Company and that the foregoing statement is correct and true. JOHN H. KELLY, Vice President. Sworn to and subscribed before me this 30th day of July, 1913. EDWIN F. COREY, Commissioner for the State of Georgia. Name of State Agent—EDGAR DUNLAP, Name ol Agents at Atlanta—EDGAR DUNLAP INSURANCE AGENCY.