Atlanta Georgian. (Atlanta, Ga.) 1912-1939, December 19, 1913, Image 8

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rm&thi&m '-a TT7F. ATLANTA GEORGIAN AND in L w» Banks of This State May Have Use of $10,000,000 During Currency Reorganization. W ASHINGTON. Dec. 19.—Georgia bankers "ill benefit under an amend ment to the currency bill obtained by Senator Hoke Smith, who proponed a unanimously indorsed plan to available emergency currency while ;■ i reorganization of the banking av.** lent is taking place under the new currency law. Georgia may u«e about ten millions oi t! ; em« rjgem y currency at low interest rates, under the Senator's The Smith amendment will make available for immediate nee if tieed- orj the entire issue nr $.'00,000,000 of Aid rich-Vreeland emergency eurren- . \ now lying idle in the vaults of tin* TreaatnV at the low rale of 3 per cent per annum for the first three month*, the rate rising after that time one- half of 1 per rent per month until a at< of f> f*er rent per annum is rr a riled, wHJrh is the limit. Old Rate Too High. •]• Aldrich-Vreeland art haw been extended to expire July 1, 1915, in s trad of July I next year, fts high rate of interest or tax. starting at & per cent and going up a cent a month, has been prohibitive, an no bank could afford to use funds at the rates fixed. l’nder the Aldrich-Vreeland law. with an interest or tax rate of 5 per ent for the flmt month and 1 per •-I. increase for each additional month, the average would be fi per rent if the money were used three months, nnd • 1-2 if used six months. Under Senator Smith's amendment tlie three months’ rate wlQ 3 per cent nnd the* average rale for six months ”, 1 - 2 per cent Money Famine Impoeoible. T!»c low rate fixed by Senator Smith’s amendment makes a curren cy famine Impossible during the tran sitory period between the passage of the currency hill and the complete or ganisation of the regional banking s> stem. This currency Is to he issued through currency associations al ready organised. 21 of which now are In existence. The Georgia currency association would be entitled to use a little over $10,000,000, secured by bonds and commercial paper. There has 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 net the new. system under operation. Hut with $500,000,000 of currency Im mediately' available, at 3 per cent a .Hjringenry is impossible. I'll Drive Gambling Out,' Declares Chief niRMINGHAM. Dec. 19 Don't say 1 sm going to try to put out gam. bllng in Birmingham; say I am grolnrf to do it ’ This is the admonition given to newspaper reporters by Ste ven Wiggins, chief of the detective department of Birmingham, who n*s declared that he proposes to run gam bling out of Birmingham. >lo says he is satisfied that the big houses where gambling is conducted have not dosed up their doors, and that every effort will he made to bring to Justice the men who persist In vio lating the law. Dana, Longfellow’s Grandson, Quits Toil i *A MB FRIDGE, MASS.. Dec. 19 Edmund T. Dana, the Socialistic grandson of the poet Longfellow, has given up the Idea of earning a liveli hood by manual labor. He has accepted a professorship « f philosophy at Washington College, Chester town. Md. Dana has worked as railroad fireman, farm hand ar.J car conductor. Special Services For Business Men Dr John K White, of the Second Baptist Church, has arranged a spe cial business men’s service for Sun day morning. Dr. lulwin M. Poteat president of Furman University, will deliver an address at 11 o'clock on "Spiritual Objectives for Men <>f Buni- nesB." Macon Youth Gets 3 Years for Slaying MACON, Dec. 19. -Harry Wooten was sentenced *o three years in the State’s prison for killing Tom Smith in a quarrel over 30 cents. The Jury re- tommended mercy. i PERMITTED BY MONEY BILL WASHINGTON, intendment to the I posed by Senator <' I mittlng member ha l third <»f their firm I lands wa« accepted to-day in the final ing up to the vote Dec. 19.—An urrency bill pro- j raw ford nnd per- | nks to lend one- deposits on farm . skirmishing lead- , on the measure. All Is Quiet After Fear of Lynching; * RALEIGH. N. C., Dec. 19.—Adju- tnnt General Young telephoned f t-I lng Governor Daughtridge from bum- I her Bridge to-day that everything ,i* quiet there following the killing of Muck Brown, a prominent white inan. by a negro named Dupree. It was feared a lynching would follow the capture of Dupree, and the Adjutant General hurried to the scene yesterday afternoon to take barge of the militia. Dupree had not been captured at noon to-day. Hardaway Young Granted New Trial MOBILE ALA., Dec. 19 —The Court of Appeals to-day reversed the case of Hardaway Young, former presi dent of the Southern Hardware and Supply Company, which since has gone out of existence through bank ruptcy, the former official having been convicted in the Mobile City Court on June 29 of the embezzlement of notes, drafts and checks to the amount of $125, with a sentence of three years ir. the State penitentiary. The draft made by the caucus pro vides for farm loans only to th*- ex tent of 25 per cent of capital and sur- i plus. Senator Newlands offered an amendment to restrict the number of regional reserve banks to eight, bur. | Senator Gwen instantly indicated that the Democrats will accept no charigo in this provision. Senator Cummins’ amendment to permit regional reserve banks to dis count the commercial paper of indi- j viduals or corporation* without »i. indorsement of the number banks in the event the banks refuse usual ac- I < ommodatinns to customers was de feated, 4 7 to 33. ! An amendment declaring H to be j I the policy of the Government to ap- . j ply all surplus earnings from reserve i hanks and other source* to n reduc tion of the-national debt, offered by j ; Senator Weeks, was defeated, 14 to 40. j Administration leaders in the Sen- I •ate to-day planned to hasten the pa?- | sag*- of the currency bill and send it ! Immediately to con?' ren ( It is ex- ; peeled that the bill will be passed early this afternoon. Senator owon and Representative Glass will head the Senate arid House Conference Committees, respectively. Owing to the advance work done by currency leaders in Congress with Secretary of the Treasury McAdoo, a report by the Conference Committee may he made to-morrow. It is cer tain that it will he made not later than Monday. An amended print of th*» measure was prepared for the use of the Sr-na. tors. s<> that they may understand readily the changes made in the meas ure. S' I j Under price Base ment l 1,000 pairs Women’s and Chil- ! dren’s Felt Slippers, three weeks j overdue from manufacturer, have just been received. They must be sold at once. Your choice of any grade or style, Pair Dainty crochet Slippers; all col ors : clioi >\ 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 Memert Coal Co. Both Phones 1787. Boudoir Slippers, with pompon, all colors, choice FRE'J S. STEWART CO. 25 Whitehall Street THE “DAY STORFS 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. Thesey cut prices DO NOT alter our credit system—the easy way of buying clothes on the payments of $1.00 A WEEK $1.00 <0> <Q> MEN <G> (to # <Q> WOMEN (0) # 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 ffO makes the little fellows happy, for io $lv Xmas Bargain No. 1 An immense stock of well tailored ladies’ suits that sell anywhere for $15.00 to $45.50, |q $30 Xmas Bargain No. 2 Big, warm garments in all the pop- QH CA (?*)r ular styles and materials, for 1U Xmas Bargain No. 3 FURS, like diamonds, are constantlytol rA (POA increasing in value. Beautiful sets forv* IU Xmas Bargains In Shoes—Hats— Indian Suits— Raincoats, etc. Xmas Bargains In Raincoats— Waists--- Millinery and Shoes j 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 once. ’ ’ 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-Olemenceau, 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.” y< Leader of the Belgian Social Democracy, Emile Vandervelde, said: “Frankly, I see no reason for waiting for 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 was 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. . . . ‘' 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 b orn 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 kil led 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 Force 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