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TIIK ATLANTA GEORGIAN AND NEWS
Banks of This Slate May Have
Use of $10,000,000 During
Currency Reorganization.
WASHINGTON !»«•« 1 -GrorKiu
banker* will benefit under an lumnii-
inont to the currency bill obtained by
Senator Hoke Smith, who proposed a
unanimously indorsed plan to make
available emergency currency ''•bile
The reorganization of the bunking k>s-
lem i.« taking place under the new
currency law.
Georgia may use about ten millions
,,f this emergent currency at low
interest rates, under the Senators
amendment
The Smith amendment wl 1 make
available for Immediate u-e. If need
ed, the entire issue of $500,000,000 »f
Alilrich-Vreeland emergency curren
cy now' lying idle in the vaults of the
Treasury at the low rate of 8- per cent
per annum for the first three months,
the rate rising after that time one-
half of 1 per cent per month until .«
rate of 6 i>er cent Tier annum ■*
reached, which is the limit
Old R*t« Too High.
The Aldrich-Vreeland act has o* en
extended to expire July 1, 191.*, in
stead of July 1 next year. Its high
rate of interest or tax. starting .it 5
per cent and going up a cent a month,
lias been prohibitive, as no bank could
afford to use funds at the rates fixed.
Under the Aldrich-Vreeland law.
with an interest or tax rate of t**r
< ent for the first month and 1 per
• ent increase for each additional
month, the average would be »i per
♦ ent if the money were used three
months, and 7 1-2 If used six months.
Under Senator Smith's amendment
the three months’ rate will V. i»er cent
and the average rate for six months
3 1-2 j*»r cent.
Money Famine Impossible.
The low rate fixed by Senator
Smith's amendment makes n curren
cy famine impossible during the tran
sitory )>eriod between the passage of
the currency bill and the complete or
ganization of tins regional banking
system.
This currency is to b< issued
through currency associations al
ready organized. 21 «»f w hich now tire
In existence. The Georgia currency
£»*sr*ciation woukt be entitled to use a
tittle ovei $10,000,000. secured by
bonds uml commercial paper.
There lias been some apprehension
that the transfer of capital and re
serves under the new system might
lead to temporary restriction of cred
its. as it will take several months to
get the. new system under operation.
Hut with l50o.0oo.O00 of currency im
mediately available at 11 per t ent a
stringency is impossible.
‘I’ll Drive Gambling
Out,' Declares Chief
BIRMINGHAM. !>♦ H» ‘Don't 1
say 1 am going to rr. '■> put out ». on.
bling in Hlrmlngham. I am g« :ru; |
To do it” This is admonition |
given o newspaper reporter* by St *- j
ven Wiggins, chief of the etective
department of Birmingham, who nil
declared that he propose* co run gam
bling out of Birmingham
„le Miys he •« saUntied that the i>lg
house- where gambling is • > onducted
have rot closed up th*?lr door*, and
:h;.t every effort ' ill b« made to bring
to Justl the men who persist In vio
lating the law.
Dana, Longfellow's
Grandson, Quits Toil
AMBR1DGH, MASS I 'e- . 19 —
Edmund T. Dan*. the Socialistic
grandson of tha poet i.«*ngfellow, hex
given up the idea of earning a liveli
hood by manual labor.
He ha* accepted a professorship of
philosophy at Washington College.
Chej-tertown. Md. Dana has worked
as railroad fireman, farm hand and
cur conductor.
Special Services
For Business Men!
Dr John E White, of the Se ond I
Baptist Church, ha* arranged a npe-i
Hal business men's service for Sun
day morning. I)r. Edwin M. Pot eat,,
president of Furman University, will
deliver an address at il o'clock or*
•‘Spiritual Objectives for Men of Busi
ness '
Macon Youth Gets
3 Years for Slaying
MACON. Dec. 19 Manx Wooten
was sentenced to three year* in the
State's prison for killing Tom Smith
in u quarrel over 80 cent*.
The Jury recommended inert
F
PERMITTED HI
WHET BILL
All Is Quiet After
Fear of Lynching
&A HEIGH. N.
Dot
Washington. do< ••.—An
amendment to the eurru. Dili pro
posed by Senator Craw fort and per
mitting rn» mber bank* t<» lend one-
third t,f their t:rtn» depos t* on farm
lands was accepted by the Democrats
to-day in the final skirmishing lead
ing up to the vote; on tin* measure.
Tit, draft made by the nu' us pro
vides for farm loans only to the ex
tent of 25 pi r cent of capital and sur
plus.
•Senator Xewlsnds offered an
amendment to restrict the number of
regional reserve banks to eight but
Senator Owen instantly indicated t it
the Democrat* will accept no change
In thin provision.
Senator Cummins’ amendment to
permit, regional reserve banks to dis
count trie commercial paper of indi
viduals or corporations without He
indorsement of the member banks .n
the event the banks refuse usual a -
eoinmodation* to customers was de
feat ed, 4 7 to 28.
An amendment declaring it to be
the polit y of the Government to rip
ply all surplus earnings from reserve
bank* .md other sources to a reduc
tion of the national debt, offeied by
Senator Weeks, was defeated. 44 *o
4 0.
Administration leaders ,r. the r’.en-
ate to-day planned to hasten the r>i-
«age of th* currency bill and r-*-nd ’
immediately to conference. It i* ex
pected that the bill will be passed
early this afternoon.
Senator * >wen and Representative
Glass will head the Senate ami Hon c
Conference Committees, respectively,
owing f o the advance w<»rk tione by
arrency leaders In Congress vcitii
Secretary of the Treasury McAdof), a
report by the Conference Committee
may be made to-morrow. It is • er-
tuln that it will be made not later
than Monday.
An amended print of the measure,
was prepared for the wo* of the Sena
tors. so that they may understand
readily she changes made in tfr»* meas
ure.
Ift.-—Adju-
! tant General Young telephony*’ a t-
trig Governor Daughtridge from I, :u-
j her Bridge to-day that everything
I was quiet there following the killing
of Muck Brown, a prominent white
man. by v. negro named Dupree
It was feared a lynching would
1 allow t'.e Capture of . Dupree, and thy
Adjutant General hurried to Die
scent erterday afternoon ’•» *e
charge of 'he militia.
Dupree had not been aptured ;it
noon to-day.
Hardaway Young
Granted New Trial
All,HIT.K, ALA., Deo. 1».—The Court
| uf App**Utf to-day reversed the cane
j of Hardaway Young, former presl-
; <!. nt of the Southern Hardware and
I Supply Company, '.vhirh slnee has
; g,,no,out of existenoe through bank-
■ : uptcy, the former official huving been
convicted In the Mobile City Court on
June j<t of the embezzlement of notes,
drafts and cheeks to the amount ot
$125, with :r sentence of three years
ir. the State penitentiary.
Base
ment
1,000 pairs Women’s and Chil
dren’s Felt Slippers, three weeks
overdue from manufacturer, have
just been received. They must be
sold at once.
Your choice of any
grade or style, Z'*®
Pair
Dainty crochet Slippers: all eol-
Boudoir Slippers, with pompon,
all colors, choice
59c
Best Jellico Lump Coal
$4.50 PER TON
Orders accepted at this price on FRIDAY
and SATURDAY only.
All grades of steam coal for the furnace.
Henry Meinert Coal Co.
Both Phones 1787.
SHOES *0* t UERV800V •< \
FRE ) S. bT EWART CO.
25 Whitehall Street
THE “DA Y STORE’S”
XMAS GIFT TO YOU!
As ever the “Day” store is looking out for the interest of its patrons
—and all its patrons are its friends. During the past year this store
has benefited thousands, and now this same store is ready to help
you meet Xmas in the right way- Well Dressed -and are offering
you JANUARY prices in DECEMBER. These cut prices DO
NOT alter our credit system—the easy way of buying clothes on the payments of
$1.00 A WEEK $1.00
<(D MEN
!
<U) <B> WOMEN <G> m
Xmas Bargain No. 1
Real nobby, stylish Overcoats, the big, warm kind,
some with belted backs and some with the new shawl
collar, for $12.50 to $35
Xmas Bargain No. 2
A “ten strike” bargain in men’s up-to-date winter
suits for $10 to $30
Xmas Bargain No. 3
CHILDREN’S SUITS The kind that tf*0
makes the little fellows happy, for vd IU vAv
$12.59 lo $30
Xmas Bargain No. 1
An immense stock of well-tailored ladies’ suits that
sell anywhere for $15.00 to $45.50,
for
Xmas Bargain No. 2
Big, warm garments in all the pop- (P'7 CA Ir* (?*)r
ular styles and materials, for vol)
Xmas Bargain No. 3
FURS, like diamonds, are constantly^ n rr A (Pon
increasing in value. Beautiful sets forvGdv
Xmas Bargains In
Shoes—Hats—
Indian Suits—
Raincoats, etc.
Tm
Xmas Bargains In
Raincoats—
Waists---
Milli nery
and Shoes,
MEN AND RELIGION BULLETIN NO. 89
Christian Civilization Against
Liquor Degradation
“He will lift up an ensign to
the nations—and they shall
come swiftly—Isaiah 5:26
Throughout the known world there is evidence of the spirit of God at work.
Everywhere in all nations men and women are rising up to fight against evil.
In nothing is this more manifest than in the fight against the liquor trade.
The Iron Chancellor, Bismarck, said:
“If the workmen's protective code could be extended to protection against the
drink devil, a great part of the social question would be solved at cnce.
The Emperor William of Germany has said: "If you educate the people to give up
alcohol—if you stand for these principles—my people will be raised morally. This is a
work in which I beg you to participate.”
Casimir-Perier, former President of France, is a leader in the fight against alcohol
in that country.
M. Georges-Clemenceau, Ex-Minister of State of France, has written:
“Alcohol . . . takes more or less time to kill its victim, but it very quickly
makes of him an individual of poor quality. . . .
The destiny of that people which is unable to react against a moral and phys
ical degeneration accepted in exchange for a degrading pleasure is sealed.”
The Belgian Minister of Justice has stated:
“You will never solve the social question until you have vanquished alcoholism.
Because of it all reforms are doomed beforehand to sterility.”
Leader of the Belgian Social Democracy, Emile Vandervelde, said:
Frankly, I see no reason for waiting f or the morrow of the social revolution before
we stop poisoning ourselves.”
Victor Adler, leader of Austrian Social Democracy, has said:
“I hold the fight against alcoholism to be one of the most important parts of my
personal work.”
The English Licensing Bill of 1908 would have closed between twenty and thirty-
two thousand drinking places.
The House of Commons adopted it by a vote of 350 to 113.
Every member of the Labor Party voted for it.
The House of Lords defeated it. One hundred and thirty of these noble men, peers
of the realm, voting on the bill, were either brewers or shareholders in brewing and
distilling enterprises.
You have heard it said, “Beer drinking is harmless—particularly as it is done in
Germany. ’ ’
Dr. Emil Muensterberg says:
“FIFTY THOUSAND INSANE ARE IN GERMAN ASYLUMS YEARLY. WHOSE
SICKNESS CAN BE TRACED BACK TO ALCOHOL.”
Munich is the greatest of brewing and b eer drinking centers in that great country.
At its October-fest—
' The first week a drunken attendant w as fatally stabbed. Some days afterwards
two people were injured in the same way.
‘ ‘ The last Sunday ... in a single bee r booth, the Baurosi, no less than forty-eight
persons were wounded, among them two policemen.
“The sanitary corps was obliged to order more beds, since the drunken women
handed over to them were so numerous.
“In all, 363 cases of wounds . . . 143 of sudden sickness. Of these 116 were wo
men.”
In a signed statement, 800 professors and physicians of Germany declare:
“Drinking customs bring degeneracy, poverty, sickness, vice, crime, madness and
death. . . .
A ’'5: '
‘ ‘ Thousands die yearly because of the dr unkenness of others....
‘‘We recall the many accidents—the endless cases of assault and murder. . . .
“WE REMEMBER THE UNNUMBERED FAMILIES WHO HAVE BEEN MAL
TREATED BY DRUNKEN FATHERS.
"We recall the hundreds of thousands born sick and wretched because of drunken
ness.”
Dr. Von Bunge is professor of physiological chemistry in the University of Basel.
He knows beer.
He says:
‘' Such horrors as a great modern joint stock brewery perpetrates are unrivaled in
the whole world’s history. Men in past centuries were made chattel slaves. But the
slaves kept their health. Men have been killed by thousands. But the children of the
murdered remained strong. Now they make slaves of them and murder them at the same
time.
' They kill them with their children and children's children.”
Your Prohibition Law is only a part of a world movement against this curse.
When your Chief of Police and the Fore e close locker clubs that are violating this
law-
When juries, as in Savannah yesterda y, convict men of violating this law—
They with you are only obeying God's call.
Everywhere His children are moving forward.
The Executive Committee of the Men and Religion
Forward Movement