Newspaper Page Text
12
THE ATLANTA GEORGIAN AND NEWS.
FLAWS IN IKE
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 h!s 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 boards of the Fed
eral reserve banks 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
llsh the rate of discount."
Sees Ruinous Competition.
Savings Banks—"If compelled to
apportion capital and reserve to
their savings bank 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 banka
to make certain investments is an
invasion of the field 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
hanks 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 banks, competition between
the twelve sections of the countrv,
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 banks, 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-
aeter. 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 bankR 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
ehould be one of helpfulness, not hin
drance."
Directorate Clause
Causes Bitter Fight.
WASHINGTON, Au*. 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
Georgia’s leading educators, died at
a local sanitarium Thursday. He waa
superintendent of schools at Sparta,
Ga. Surviving him are his wife, 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
pected to retire because of 111 health
Is groundless, Sheriff Wheeler C.
Mangum announced again Friday
that he will be a candidate to eucceel
himself at the elections next June
Sheriff Mangum states that his healMi
Is as good as he wants It to be, and
that he „ xpects to be in good siia./S
for many years.
With Sheriff \ angum In the race,
It is generally thought that there will
he at least »ur candidates for the of
flee. Friends of I’lennle Miner, chi if
deputy under the present Sheriff,
have been urging him to run, and it
Is said he has consented to become a
candidate. John Owens and Drew
Lydell are also named as possibilities
in the race.
Industry Bureau Is
Good City Booster
Since the establishment of the indus
trial and statistical bureau of the Cham
ber of Commerce, W H. I^eahy, secre
tary of the new department, has an
swered hundreds of inquiries from all
parts of the United States concerning
the advantages of Atlanta. Mont 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
an to climate, business conditions, pop
ulatlon, school census, railroad facilities,
bank 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
LOGAN3PORT, IND. Aug 22 —
Logansport’s famous man-eating
rooster was ordered killed by the
police, and its owner, Caslmir
Jahlowskl, was viciously attacked
and wounder executing the offender.
The rooster had attacked James
Paluhbo, throwing him dowrn and try
ing to peck out his eyes. The child j
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, j
‘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 w’ere
needed to meet certain obligations.
Slaying Inspired
By French Novel
BALTIMORE, Aug. 22—Julian Ed
mond, who 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 Ga-
borlau’s novels. It waa 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
KAN 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
be taken back to his 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
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
Freddy Film
0*pjrrtfbt. ’Sit. International Srrr1-s
See Him Throw the Bull
I GOTTA .SCHEME
T th»ovi that rule 1
Them put Th’ IASSo
MERE WHERE Tm' 01.'
STEER U STEP IN It'
I Then «ihen i aatVull
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util policy
IF
Proposals of United States and
Huerta’s Reply Will Be Given
to Congress Monday.
WASHINGTON, Aug. 22—Wash-
lngton awaits the complete and defi
nite statement of policy which Presi
dent Wilson will give regarding Mex
ican affairs when he trends hl» special
message to Congress next Monday.
The President made no engagements
for to-day and Is spending all his
time upon the preparation of this
message, which will include the
American proposals to Huerta
through Envoy Lind and the reply of
Huerta to them.
President Wilson does 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 irtatue.
Secretary of State Bryan was called
Into conference by President Wilson
early to-day in regard to the prepar
ation of the menage 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 re-idence 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 DRAW9.
Revival services at Grace Metho
dist Church are attracting great at
tention. Evangelists J. M. Baas and
O. W. Stapleton are conducting the
services. Cottage prayer meetings are
being held dally. There is 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.
Ha!*ry 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 sent 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.
The body of Mila* Hollingsworth, who
was 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 Those Pain* and Dis
tress Which so Many Mothers Havs
8uffsred.
; COLUMBUS.- Workmen are erect
ing a new standpipe lor the Columbus
I Water Supply Company on Wynn's
Hill. When completed it will be 210
a K.tuu Urnu A elru
Friend. Here i* a remedy that wrt*os the mua
rlea, enabled them to expand without anr strain
upon fha llxnment* and enablea woman to c«
lhr«'u*h maternity without pain, nauaea. mornlni
tickn«aa or ary of the dreaded ayinptoma so fa
miliar to many motho.-a
There Is no foolis.i diet to haraaa ti»a mind. Th«
lh oughts do not dwell upon pain and suffering, for
■11 sue!) are avoided. TVniaands of women ik
longer raalgn themselvea to the thought that aloknea*
and dlstraas are natural. They know better, foi
In Mothers Frleud they have found a wonderful
penetrating remedy to banlah all thoae dreaded
axperlences
It l» a subject every woman should be familial
with, and ever, though she may not require such a
remedy, she will uow and then meet some proa-
peetlve mother to whom a word In Uma about
In* This famous remedy la sold by all druggists.
Mother’s Frleud will come as a wonderful bleea
and la only $1.00 a bottle. It Is for external um
only, and Is really worth Its weight In gold. Write
to day to the Uradfluld Regulator t’a, 127 Laiuaj
Organizations Going After That
Thousand Dollars in Gold First
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 are 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
eaay to well 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 any
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 feady to
see all contestants or prospective con
testants in his offices, fourth floor
Foote & Davies Building, Edgew’ood
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 his vacation.
During his 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 aa 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, Wls. 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 I. W. W. leaders led
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 Commission 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
Drag 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.
**•' 1 T’wSjBS
Children Cry For
(EXZ23
~—.-iilllll.lliWTT]
ALCOHOL 3 PER CENT.
AVegetable Preparation for As
slmilaungfheFboclandReCula
ting Hie Stomaclis and Bowels of
Promotes Digestion,Chferful-
ness and ResiContains neither
Opium.Morphine nor Mineral
Not Narcotic.
Jtrcipe of Ohl DrSAMLTLrTJXEfR
fimpkm Seed m
J/x.Setwa + l
fhctir/le Sods- I
jtouseSetd * \
ftS&u,. (
Ihrm Sred-
Aperfert Remedy forConsfl|ii
Hon, Sour Stomach.Dtarrhaei
Worms .Convulsions .feverish
ness and Loss OF Sleep.
Facsimile Signature of
The Centaur Compaux*
NEW YORK.
iu uoci lur uvtr 01/ yr.iraj lids oorno 1
—0 — and has been mad
rs sonal supervision
/-c&ccJu/Zt Allow no one to de
Atb'months old
J5 Doses-35CENTS
fouirant f rd under the FmKl flq
Exact Copy of Wrappej.
The Kind You Have Always Bought, and which has been
in use for over 30 years, has borne the signature of
made under his per-
since its infancy.
> deceive you In this.
All Counterfeits, Imitations and “ Jnst-as-good ” are but
Experiments that, trifle with and endanger the health of
Infants and Children—Experience against Experiment.
What is CASTORIA
Castoria is a harmless snbstltnte for Castor Oil, Pare
goric, Drops and Soothing Syrnps. It is pleasant. It
contains neither Opium, Morphine nor other Narcotio *
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
the
Signature
of
TMI CCNTAUN CO
READ FOR PROFIT
GEORGIAN WANT ADS
USE FOR RESULTS
EDGAR DUNLAP INSURANCE AGENCY
INSURANCE AND LOANS
CANDLER BLDG. (Second Floor) Telephones: Ivy 3460, 3461
SEMI-ANNUAL STATEMENT
For the six months ending June 30, 1913, of the condition of the
Citizens Insurance Company
OF MISSOURI,
Organized under the law’s 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 tri 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 duly 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 befo) e me this 14th day of August, 1913.
TURNER GOLDSMITH.
Notary Public, Fulton County. Georgia..
Name of State Agents—EGLESTON Sl PRESCOTT. General Agents,
v.m. iB.nta at Atlanta — FDfiA R DUNLAP INSURANCE AGENCY.
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. 10U 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 ... $5,172,641.48
III. LIABILITIES.
Total liabilities $5,172,641.46
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 the Insurance Commissioner.
STATE O.F 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
Westchester 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 of Agents at Atlanta—EDGAR DUNLAP INSURANCE AGENCY.