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STANDS, SAYS MADDOX
^ ,j ry few national banks, and no
State banks at all, will submit to the
provisions of the Owen-Glass curren
cy bill if Congress makes it a law in
its present form,” Robert F. Maddox
asserts.
Mr. Maddox, vice president of the
American National Bank, represented
the Atlanta Clearing House at the
C hicago conference of the American
Bankers’ Association, which agreed to
fight the Administration program as
how drafted, and to advocate amend
ments which change radically Its fun
damental clauses.
He was a member of the committee
of twelve which drafted the resolu
tions embodying the bankers’ views
of what the new currency bill should
“be, and he is one of the seven com
posing the committee which will pre
sent the bankers’ case before Con
gress.
‘‘The banks present a solid front,”
said Mr. Maddox Monday morning.
"The resolutions were adopted with- I
out a dissenting vote. I base my be- I
lief that the hill in its present form
can not succeed on such Reports as
that of the president of the Wiscon
sin Bankers’ Association, lie polled
the 300 national banks in his State.
Only two replied that they would do
business under the Owen-Glas^ bill.
New Plan Needs Friends.
‘‘The sense of the meeting, boiled
down, is that the new currency bill,
In order to succeed, must be drawn
bo as to warrant the hearty co-opera
tion both of the national and the
Stftte banks, for the reason that the
ent're capital of the regional reserve
banks ip required to be subscribed by
the banks, and unless the provisions
of the hill are attractive, the banks
wifi n*»t subscribe voluntarily.
“Keen resentment has been aroused
by the prospect of heir*? forced to
comply with the new law under pen
alty of forfeiture of charter. The
haul's think not only is ill ad-
vired, but aleo filegal.
‘ These are the most vital changes
re “'iminm 1 ’ 7 bv the most represen
tative c ‘hiring of bankers I ever
have s n o:
‘1 "■*' •* the board of control be
ccmp' ' of the Secretary of the
Tree bv virtue of his office, three
rrerib^rs named by the President and
tbr^e to be selected by the hanks—
‘instead of four Oabineto members
and three other presidential ap
pointees. We still would allow the
President a majority and would re
move the restriction as to party affil
iations of members.
Fewer Reserve Banks.
‘‘2. That there be five regional re
serve banks—
‘‘Instead of twelve. We believe this
will result in greater mobility of re
pends upon the real prosperity of the
nation. We believe, however, that
Congress and the public will agree
that the co-operation of the banks
is necessary to the success of any
currency plan. We think no man m
the House or the Senate worthy to
be there would wish to force a bill
through without giving a hearing to
those most concerned, the bankers,
who necessarily must be more patri
otic in their purposes than at present
they are supposed to be.”
No date has been set for the com
mittee’s trip to Washington. James
B. Forgan, president of the First Na
tional Bank of Chicago, will issue
the call.
The bankers’ congress consisted of
the president of each bankers’ State
association, the monetary commis
sion of the national body and one
representative from each of 175 clear
ing house associations.
4 ‘3. That the currency be issued by
the regional banks—
‘‘Instead of by the Government,
leaving the Government unincum
bered in the possible contingency of
war or other emergency.
”4. That the gold reserve be 40 per
cent—
“Instead of 33 1-3 per cent.
“5. That farm loans be allowed io
run one year—
“Instead of .line months.
“6. That the dividends paid stock
holders by regional banks be 6 per
cent—
“Instead of 5 per cent.
“7. That subscriptions to the re
gional bank required from membt-rs
be 10 per cent of their capital, 5 in
cash, 5 on call—
“Instead of 20 per cent.
Prejudice a Handicap.
“We realize that the bankers are
handicapped by a prejudice which has
been stirred up against them, a preju
dice which they believe unfounded,
since the very life of the banker de-
Money Bill Will Pass
House As It Stands.
WASHINGTON, Aug. 25.—Informal
conferences of Democratic members
of the House Currency Committee
emphasize the fact that the active
supportesr of the President’s cur
rency plan expect to put the measure
through, the House without substan
tial change.
The amendments proposed by the
bankers, it is pointed out, were all
considered in detail when the bill was
originally prepared and in the long
debate over its provisiosn in the
House Committee on Banking and
Currency.
The proposal to reduce the quantity
of reserves and give country banks
the privilege of keeping part of their
reserves in the large cities had many
supporters and ultimately may be
worked into' the bill in the Senate,
but the change is not expected in the
House.
The bankers will have an opportu
nity to present their views openly to
Congress after the currency bill gets
into the Senate. Chairman Owen, of
the Senate Currency Committee, said
that while hearings had not yet been
arranged, he expected leading repre
sentatives of the various ‘factions”
amongst the bankers of the country
would be invited to give their views
of the bill to the Senate committee.
The fact that leading bankers hold
differing views of the effect of the
new legislation, particularly with re
gard to the possible reduction of
loans and curtailment of credit, has*
led members of the Senate commit
tee to hope that a further discussion
of the bill at open hearings would re
suit in the co-operation and support
of a large portion of the banking fra
ternity of the country.
In the opinion of Democratic lead
ers, the pafn. week saw greater prog
ress toward united support of Pres
ident Wilson’s legislative policies
than any recent stage of Congress
activity. The entrance of Secretary
Bryan as the whole-hearted advocate
of the administration currency bill, in
his letter read in the House caucus;
the united front presented by the
Democratic leaders of the House
against amendments to the currency
measure, and the complete success of
the Senate Democrats in supporting
the free sugar and other contested
points of the tariff bill, have ad
vanced the two big reforms a long
way toward completion, it is claimed
Chairman Simmons, of the Senate
Finance Committee, predicts the Sen
ate could complete the tariff bill and
pass It by September 5. and the
measure could be flnisned by the con
ference committee and signed by
President Wilson by September 16
Only unforeseen delay in debate will
prevent the tariff bill from becoming
1 n l\ /\ l hAKi A iTrAAivvjri^\iN /\ a u imhiWO.
ATLANTA BANKER WHO
SCORES MONEY BILL
ROBERT F. MADDOX.
TENNIS EXPERTS Umi-ll
SEE TITLE FOR
California Player Looked Upon as
Certain Victor in National
Championship Match.
NEWPORT, R. I., Auk. 25 - Whrn
play began to-day in the semi-finals
of the National Tenitls Tournament.
Maurice McLoughlin, the red-headed
Californian, was regarded as a cer
tain victor in the final match for the
national championship.
Despite the fact that the three
other men beside McLoughlin who
have survived the elimination battles
to date are among the most wonder
ful net players In the history of the
game, it is felt that not one of them
will be able to cope with the Western
wizard.
Wallace J. Johnson, the Pennsyl
vania champion, and member of the
victorious Davis cup team, and Nor
ris Williams, another Davis cup play
er, and Nathaniel W. Niles, the Mas
sachusetts State titleholder, are the
men left in the tournament together
with McLoughlin.
The Californian was to play
against Johnson and Niles against
Williams in the semi-finals to-day.
The winners of these matches will
meet to-morrow for the title.
Policeman Shot as
He Peers on Youth
Calling on a Girl
SHOOTS LENDER OF
2 Counties Fight for
Power Company Tax
Join With Europe in Backing
President Wilson’s Attitude To
ward Pugnacious Huerta.
WASHINGTON, Auk. 25.—Several
nations of South America have seized
an opportunity to even up old scores
with President Huerta by joining
with the United States In its attitude
toward Mexico.
The present political situation is
said to be the first on record in
which Latin America has turned
against one of its chief members and
espoused the cause of the United
States in a controversy concerning
it in a vital way.
Huerta has given offense to sev
eral of the larger nations of South
America by adiplomatic aggressive
ness he assumed shortly after he de
posed President Madero.
SUNDAY SCHOOL CONVENTION.
DUBLIN. The Laurens County
Sunday School convention will meet
with Mount Zion Church, several miles
from this city, Thursday and Friday.
A general meeting of the association
will be held Friday, Saturday and
Sunday with Pleasant Ilill Church.
JACKSON PUBLIC SCHOOLS.
JACKSON.—Thp Jackson public
schools will open on September* 1.
Addresses will be delivered by Dr.
James Bradley, of the Presbyterian
Church, the Rev. M. S. Williams, of
the Methodist Church, County School
Superintendent C. S. Maddox and W.
P. Martin, city superintendent.
Until a short time ago, scarcely
one person in a thousand had
ever tasted a really good soda
cracker—as it came fresh and
crisp from the oven.
JACKSON, Aug. 25.—Judge R. T.
Daniel’s Injunction order restraining
Butts County from collecting certain
taxes returned by the Central Geor
gia Power Company, the proceeding
being brought by Jasper County, is
of much interest here. The matter
will be argued before Judge Daniel
on September 6.
Jasper Counsty contends that five-
eighths of the dam is located in that
county, while the power company re
turns its property in Butts County
for $750,000 and its Jasper County
property for $100,000.
R. E. Maner, 20 years old, of Gil
more Station, is held at police head
quarters to-day on a charge of assault
with intent to murder for shooting
Patrolman C. F. Preston when the
latter looked into a window of a
house at No. 42 Kennedy street, where
Maner was calling on Miss Lemmio
Hollingsworth.
According to Preston, he and Pa
trolman Cochran had gone to the
Kennedy street address to meet
Claude Leatherwood, No. 44 Kenne
dy street, who told the officers that
the conduct of a young man and a girl
had offended his family. Preston went
to a front window and placed his face
against the glass. Cochran heard a
shot and ran to the front of the hous^,
where Preston told him he had been
shot.
Maner was seen advancing to the
front of the house with a revolver in
his hand and was arrested. He de
nied the report of offensive conduce
and said he tired because he saw men
looking into the window on numerous
occasions.
Burglars Loot and
Fire Waycross Home
a law by that time, in the opinion of
Senator Simmons.
Militants Set Fire to
Big Farm Buildings
Special Cable to The Atlanta Georgian.
LONDON, Aug 25.—Thousands of
dollars damage was done in Surrey
to-day bv incendiary fires set by mil-
t suffragettes. The women set
to several farm buildings on big
s and all were destroyed with
... contents Constables who in
vestigated learned that three women
had been seen in an automobile In
neighborhood of the fires. They
believed to have ridden from
’•Do' n not forget that women want to
uas printed on one placard left
it ant
fire
cFtat
their
th
were
at the ruins.
Hague As^s U, S, Not
To Fortify Canal
Special Cable to The Atlanta Georgian.
THE HAGUE. Aug. 25.—President
Wilson’s Mexican policy and the for
tifications of the Panama Canal were
the topics of discussion at th© clos
ing session of the Universal Peace
Congress.
The Congress recorded a further
appreciation of President Wilson's
attitude toward pacificism and order-
el that its thanks be communicated
by cable to him.
The Congress adopted a motion
asking the United States not to for
tify the Panama Canal.
WAYCROSS, Aug. 25.—Caught s n
his room on the second floor of the
home of George W. Barnes, Joseph
M. Greene, an Atlantic Coast Line en
gineer, was forced to jump from a
window to escape from a fire that
was started by burglars in a down
stairs closet.
Two children. Mack Barnes. Jr., of
Charlotte, and George Festerman, of
Waycross, who were asleep in the I
room where the fire sia*ied, were res- J
cued by Mr. Barnes.
The loss, including stolen jewel
ry, Is estimated at $3,000.
Two Others of Crowd, Wounded
by Young Kentuckian, Are
Caught by Bloodhounds.
LEXINGTON, KY., Aug. 25.—At
tacked by a mob at his hpme, 5?il-
lard Mastin, 21 years old, shot and
killed William Dayton, aged 40 years,
at Mount Olivet last night while
Dayton was leading a mob to cap
ture him.
Last Tuesday Mastin was acquitted
of the charge of a crime against his
young sister and last night a mob
formed to take the ,law into their
own hands. The mob gathered at
his home, broke down the door, and
proceeded to enter. He fired a ein‘-
gle-barreled shotgun at them and
wounded two of the members, but
this did not stop them from entering
the house, led by Dayton. As Dayton
tried to grab him. Mastin fired again
killing him.
Mastin was later caught by blood
hounds.
ERIE STRIKE ZONE QUIET.
ERIE. PA., Aug. 25.- The strike
situation was quiet in Erie to-day.
Members of the State police were pa
trolling the industrial districts of the
city and there appeared to be no in
dication of trouble.
Imitated Turkey;
Shot by Comrade
When President Wilson delivers his
address on the Mexican question to
(’ongress to-morrow he will be;
spokesman not only for the United .
States, but practically for the entire j
civilized world. Through his frank
interchange* of views with the Euro- j
pean and Latin American Govern
ments in the presentation of his pro
posals. the President has won sup
port In unexpected quarters.
There still is a xast chance that
this message will not bedellvered and
Washington to-day is watching the
telegruph wires to Mexico City. If
Huerta sends word that he has re
considered his rejection of the Ameri
can proposals and wishes to renew
negotatiations with Lind, there is a
possibility that this message will not
go to Congress.
However. President Wilson’s pro
gram will not be changed unless
Huerta5s not amounts to at least, a
part acceptance of thp American pro
posals.
How everybody can know and
enjoy the crisp goodness of
fresh baked soda crackers with
out going to the baker’s even.
Uneeda Biscuit bring the bak
ery to you.
A food to live on. Stamina for work
ers. Strength for the delicate. Give
them to the little folks. Five cents.
NATIONAL BISCUIT COMPANY
-—
Jawbreakers’ Note
Says They’ll Return
SYL VANIA, Aug. 25.—John O.
Mathews, of this place, was Shot
through mistake by Captain A. H.
Wagnon, of Augusta, while they were
hunting and fishing on Briar Creek.
They heard a flock of turkeys near
by, left the boat and became sepa
rated.
Mr. Mathews began imitating the
call of a turkey, and did it so well
that he foolea his friend, who crept
upon him and when within about 40
yards fired, filling his chest, neck
and face with No. 6 shot. Shot en
tered each eye. and it is believed that
he will lose his sight.
SELMA, ALA., Aug. 25.—Cyrell
Case. John Jackson and W. H. Thom
as. all charged with felonies, broke
jail yesterday and are still at large.
This is the second escape of these
men.
A sheriff’s pos«e is making a search
for the fugutives. They left a note
In which they said they would re- j
turn in time for trial.
Barrow Collector
Of Savannah Port
Butts County Loses
12,000 Acres of Land
JACKSON. Aug. 25.—The Butts
County Grand Jury, which adjourned
last week, wants to know what has
become of 12,000 acres of land.
In 1878, it is pointed out in the
general presentments, the County re
turned 124,000 acres of land for taxa
tion and that in 1912 but 112,000 i
acres was returned. There was an 1
increase of about 5,000 acres this
year over the returns of 1912.
?<r ..
. > :v >■/,. >■ >
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Thu Big Beautifully Illustrated Book Sent FREE, tells
Where To Live In
New York City
Tkr selection of a New York City Apartment can be done any
where. at home, on the hotel veranda. o» even en route, J you
have a copy of the
1913 Kfto P'KJygSClTerta# 5th Annual
Renting Guide
SAVANNAH, Aug. 25.—David C.
Barrow expects to become collector
of the port of Savannah some time
to-day.
His taking charge, however, will
be contingent upon the arrival of his
commission from Washington. He
sent his bond and other qualifying
papers to the Treasury Department
last week. As soon as the commis
sion comes Barrow will be checked
in and Collector W. R. Leaken will
retire.
Bishop of Natchez
Received by Pope
Special Cable to The Atlanta Georgian.
ROME. Aug. 25.—Pope Pius has
received in private audience John'Ed
ward Gunn, Bishop of Natchez, who
was greeted most cordially.
Bishop Gunn was formerly pastor
of Sacred Heart Church, Atlanta.
An indispensable reference to best vacancies in HIGH-CLASS
APARTMENTS. Comply* dncnptioiu; Hoof ditgram*. apartment
plan* and photograph*; location*, dettrabtlity and InmmiI faciHtiM. Reel*,
Terra* — all you want to know about acaommodahoti*. Sard io* • copy to
NEW YORK AMERICAN, Real E.tate Dept.
Room 5B 230 BROADWAY. NF.W YORK CITY
f7\0 MMnranw dww* iha Ccr~* id Un Guid* — M oivaal
JKO. A. V\ frill MR
Ik OS. C. UNI! hER
Established 1865
CHAS. F. VvHITNER
HITNER& Company
Wants a ‘Parthenon’
In Woman’s Honor
WASHINGTON, Aug. 25.—Sonninr
Jones, of Washington, offers a bill
setting aside a space in the pro
posed plaza, between the Capitol and
the Union Station, solely for statues
and memorials to women. He would
have it known as the “Parthenon.”
“I suppose they’ll be erecting
statues to the inventor of the bloom
ers and the latter-day ’silt skirt,'"
sneered a dyspeptic anti-suffragist
House member
Mrs, Grace's Former
Maid ‘Ripper’ Victim
Gamblers in Panic as
N. Y, Police Open War
Martha Ruffien. a negress, at one time
a maid for Mrs. Datsv Opie Grace and a
■witness in the latter's trial, was found
dead Sunday with a single knife wound
in her throat, in the rear of No. 59
Ponce DeLeon avenue, where she had
lived for a short time.
The negress had been separated from
husband, who also was a witness
in the Grace trial. The crime is a com-
nlete mystery to the police. Alex Smith,
a negro, is being hunted. The murder
was committed In the regular "Jack the
Rinner ' way and Is the twentj-fitst
slaying of this kind In the last three
years.
NEW YORK, Aug. 25.—The gam
blers of Gotham were terror stricken
to-day when they learned that Police
Commissioner Waldo had started a
crusade against them and that he
had issued orders to close every gam
bling place in the city. Waldo has
taken personal charge of the crusade
and as th** first step he made a tour
of the Tenderloin.
He found conditions there bad and
he stripped the shields from two
members of the gambling squad of
Deputy Commissioner Neuberger.
German Prince May
Be King of Albania
Special Cable to The Atlanta Georgian.
BUCHAREST, Aug. 25.—It was re
ported in diplomatic circles here to
day that Prince William of Wied. of
the German nobility, has been select
ed by the powers to be King of Al
bania.
He is a nephew of Queen Carmen
Sylva of Roumania and was once
jilted by Queen Wilhelmina of The
Netherlands.
G. A. R, Commander
Visits Chattanooga
INSURANCE
FIRE- TORNADO - HAIL—AUTOMOBILE
Losses Promptly Adjusted and Paid
GRANT BUILDING
CHATTANOOGA, Aug. 25.—Gener
al Alfred B. Beers, commander-in
chief of the Grand Army of the Re
public, arrived in Chattanooga this
morning for a final conference with
the local reunion committee in regard
to the national encampment, which
opens September 18. He will remain
several days.
SEMI-ANNUAL STATEMENT
For the six months ending June 30, L013, of the condition of
The Liverpool & London & Globe Ins. Co.
OF NEW YORK,
Organized under the laws of the State of New York, made to the Governor
of the State of Georgia, in pursuance of the laws of said State. Principal
office, 80 William street. New York, N. Y.
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 $968,555.07
III. LIABILITIES.
Surplus beyond all liabilities $477,430.72
Total liabilities $968,555.07
IV. INCOME DURING THE FIRST SIX MONTHS OF THE YEAR 1913.
Total income actually received during the first six months in
cash $148,960.04
V. EXPENDITURES DURING THE FIRST SIX MONTHS OF THE
YEAR 1913.
Total expenditures during the first six months of the year in
$1 20.445.23
Greatest amount insured in any one risk $ 7,500.00
Total amount * if insurance outstanding 40,194,466.00
A copy of the act of Incorporation, duly certified, is of file in the office
of the Insurance Commissioner.
STATE OF NEW YORK—County of New York.
Personally appeared before the undersigned George W. Hoyt, who, be
ing duly sworn, deposes and says that he is the secretary of The Liverpool
<y London Globe Insurance Company of New York and that the
foregoing statement is correct and true. GEO. W. HOYT.
Sworn to and subscribed before me this 15th day of August, 1913.
WM. E. RAMEY.
Notary Public New York County.
Name of State Agent B. P. WALKER.
Name of Agents at Atlanta—WHITNER & CO,
25 Per Cent Discount
on Rubber Hose.
Special Prices on all
Screen Doors and Windows.
ENAMELED WARE
All of these goods are from our regular stock, and all are first quality enameled ware.
None of them are factory seconds or factory job lots. They are all priced at, and many be
low, actual cost.
Rules of the sale, cash only.
None delivered unless purchase amounts to $1.00 or more.
All white Chamber Pall; regu
lar price $1.50; this sale 74c
Blue and white Preserving Ket
tle; regular price $1.25; this
sale 77c
Blue and white Straight Ket
tles; regular price $1.25; this
sale 77c
All white Tea Pot, regular price
85c; this sale 42c
Blue and white Pie Pans; reg
ular price 20c; this sale 7c
Blue and white Jelly Cake Pans,
regular price 20c; this sale 7c
All white Wash Basin; regular
price 35c; this-sale 17c
All white Dairy Pan! regular
price 40c ;this sale 23c
All White Dairy Pan; regular
price 40c; this sale -23c
Blue and white Mixing Bowl.;
regular price 60c; this sale 32c
Gray Enameled Dish Pans—
This
Regular. Sale.
Size.
10-quart 35c
14-quart 40c
17-quart 50c
21-quart 65c
17c
19c
21c
23c
NO HARDWARE CO
53 Peachtree Street
$3.75 all Oak Porch
Swings $1.98.
10 Per Cent Discount on
all Electric Fans.