Atlanta Georgian. (Atlanta, Ga.) 1912-1939, August 25, 1913, Image 3

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■ . J 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 >■/,. >■ > » . |> 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.