Newspaper Page Text
8
_ATLANT S g
Coast Steamer Cretan, Wrecked
) .
in Fog, Headed for Norfolk
Under Own Steam,
|
(By International News Service.)
NgRFOLK, Fei 25.-—Advices re
ceived here to-day by E. H. Lohr,
general manager of the Merchants
and Miners' Transportation line, state
that the steamer Cretan, of that line,
was in colligion with an unidentified
schooner off Cape Hatteras early this
morning, but neither was seriously
damaged.
The ecaptain of the Cretan, how
ever, decided to take no chances and
wirelessed “S. O. 8.” calls until the
steamer Dorothea, of the Bull line, re
sponded. The Dorothea took off the
Cretan's passengers and is heading
for Norfolk. None of the passengers
was se jously Injured.
The Dorothea and the Cretan are
expected to reach Norfolk some time
to-night. '
The passenger list of the Cretan
furnished by the Merchants and Min
ers’ line is as follows:
For Savannah—Harry F. Jarvis and
W. H. Heyward.
For Jacksonville—Dr. D. ¢. Hughes,
J. R. Standring, Harry W. Sundell,
the Rev. A. F. Houser, Mrs. Houser,
E. F. Clare, H. L. Neff, Mrs. Neff, R.
J. Foulon, James F. Jackson, A. Rit
ter, John Sweeney, W. F. Purner, Mrs.
Mary Lanin, Lucle Chenox, L. Glass,
Mre. Glass, A. Glass, Willlam Man-
Bress, H. E. Jones, Mrs. Jones, Miss
E. Salmon, J. Schneider, G. W. Dor
rah and Morris Rosenburg.
After the steamer's collision last
night off Cape Hatteras, Its first calls
were picked up by the coast gu.lrd'
cutter Onondaga, which headed for
the location given by the “S. 0. 8"
messages. Shortly afterward the
steamers Jacinto and Atlanta also
caught the messages and started for
the Cretan,
The Cretan has been engaged !n
trade between Philadelphia and Jack
sonville,
During the last 24 hours several
ships have narrowly escaped disaster
in the fog.
$40.000 Steamer Is
Lost off Wilmington
WILMINGTON, N, (~ Feb. 25.—The
flishing steamer Thomas F. -Austin, 80
tons, probably is a total loss on Cape
Fear bar, where she was sunk Thurs
day night attempting to enter South
port harbor'without a pilot. The crew
of twenty escaped in boats,
The steamer is valued at $40,000.
she was southbound from Philadel
phia. Part of the cargo went down
with the vessel.
Commodore Benedict
- TAMPA, Feb. 25.—E. C. Benedict,
t commodore of the New York
% ht Club, put in here to-day on his
t Oneida while touring the gulf.
In his party are Mrs. L. D. Hunting
-3 and daughter, of New Rochelle,
"N, Y.: Miss Rhoda Jones, of Green
: Conn.: Miss Thompson and Miss
Brown, of Key West. |
- Mrs. Preston, Formerly Mrs. Gro
ver Cleveland, was with the party, but
- Tough weather caused her to give up
the trip at Key West. Commodore
- Benedict and the former President
fished at Lake Hamilton, near here,
more than thirty years ago. |
Fair Weather for
- Saturday Predicted
~ Fair weather Friday night and Sat.
urday was the forecast of the oM.
weather bureau at noon. A light
i was included In the prediction
for the State at large.
~ Unofficial observers observed that
it probably would be cold enough for
AN overcoat Friday night but not too
to prevent attendance on “The
Deestrick Skule” at the Audito
where the steam was turned on
in the day.
FIRE
SALE
The greatest price
— Ay
has ever witnessed.
Nothing reserved.
COME
SATURDAY.
J. B, Department Store
Salvage Headquarters
26 West littil}oll Bt
Same delicious soda foun
fain drinks, same quallly’
cigar department, and
same splendid service at|
Brown & Allen Termi
nal Station Branch as at
main store, corner W hite
&g and Alabama Sts.
’&-‘::fl ~; 5 ‘
v—v-w-“:"’-f—"j A }
HE Judge was muttering
I strange words to himself
as he moved over on the
front platform to make room for
his old friend, and the Cilonel
looked at him inquiringly,
“They say talking to yourself is
the first symptom ot insanity,” he
observed. “Too bad, old man.”
“What they say is right, I reck
on,” returned the Judge. “But 1
wasn't exactly talking. 1 was
trying to memorize something,
and it isn't as easy as when [
was a schoolboy,
“You see, those blamed Shrin
ers roped me into promising to
play a part in this ‘Old Deestrick
Skule’ they're glving Friday and
Saturday nights down at the Au
ditorfum. They told me all I'd
have to do would be sit on a
bench and spell and look like a
prominent citizen. But they got
me down to rehearsal and made
me recite Rlenzl to the Romans
and such stuff ag that, and before
I knew it 1 was one of the leading
scholars and a star actor”
New Air Craft
~ Developed
| ki
~ TAMPA, Feb, 25—Four <Chicago
men—G. R. Lawrence, Perry 8. Lewls,
Lester H. Gibson and H. W. Powers—
working in seclusion in a palmetto
Jungle on Old Tampa Bay, have per
fected a hydro-aeroplane which they
believe will revolutionize air service.
The men refuse to disclose their se
cret, but from the fact that they claim
to develop a speed of 82 miles an hour,
using an engine of but 45-horsepower,
it Is believed they have found some
way of utilizing more of the power de
veloped than other machines are now
able to do. They have been carrying
on their work in the utmost seclusion,
but have finished their experiments
and are ready to start back to Chi-
Cago to continue their work on Lake
Michigan as soon as the weather
warms a bit,
Lawrence managed a photographie
supply house In Chicago and devel
oped the idea they have worked out.
He and Lewis have been abroad and
from guarded remarks they have made
it is hinted they have suld their secret
\to the English Government.
Dog Hero Burns, but
amily Is Rescued
(By International News Service.)
CHICAGO, Feb. 26.—Blackened
rafters of a lubu:?n home In Oak
Park to-day marked the funeral pyre
of a hero. Sport was his name, and
in appearance he was no different
from many another dog who answer
ed to that appeliation,
But he was a hero. When fire at
tacked the home of Willlam L. Har
ris, the family-—father, mother and
three small children—was soundly
sleeping, Sport's incessant barking
awakened Mr. Harris and he found
his wife and children overcome with
sfmoke. He carried them to safely,
but Sport was forgotten. When the
flames were extinguished his charred
“ody was found In the ruins.
High Cut, Low Cut
Which Do You Prefer?
The ‘‘Mark-Down Man'’ cut
ting High and Low for Saturday’s :
S Selling.
9 ‘{‘Xu‘,’.z.. :T::n'
Here'’s a Few b dwite
o ¥ ’. 0
of His Many % s
. i
Deep Cuts: E o
£5.00 Extra High Cut (& \
Lace White Arabian A\
Cloth, French White Covy- f= , N
ered Heel (like e A
cut); Cut l’ri(‘ts3°Bs ;h" \', ?‘,i
$£5.00 Extra High Cut D
Lace White Kid, French eT4 e
White ( ‘overed »
Heel ; Cut l’rives‘3°Bs \J
$4.00 Paris Pumps, in dull
kid (like cut);
Cut Price . ... 9285
Men’s Shoes Cut
For Saturday Selling, as
Follows .
$2.50 Values .... $l9B 3
$3.00 Values .......5345 'g
$3.50 Values ...... .$285
$4.00 Values ....... 5345 %
$4.50 Values ....... 8385 S
Heavy Cutting in
Children's Dept.
Parents should benefit by the great cut on all Dress and
Schoo! Shoes
Visit the home of Shoe Economy before buying, for It
MEANS MONEY TO YOU.
Yours to Please,
MOON’S
S 29 Mitchell
“Didn’t know you had dramatic
talents,” remarked the Colonel.
“Didn’t know it myself,” said
the Judge, “but I reckon I have.
At least Forrest Adair—he’s the
teacher, you know—says he never
heard anybody recite quite like
me. He says my conception of
eloquence is absolutely unique
and deserves a public hearing. So
I reckon Tl'll have to be there
when the show opens.”
“I naver knew a man yet, from
Scott Thornton to Eddle Foy, who
didn’t think he could be , the
greatest Hamlet of all time if he
had the chance,” sald the Colonel.
“I reckon that's right,” admit
ted the Judge. “For me, I never
had ambition to be an actor, I
lay claim to no divine fire. But
speaking of Hamlet, | never saw
one yet who read the sollloquy
according to my idea. Take the
line, now, that beging——-""
“I positively refuse,” said the
Colonel. “T'll come down to see
you in the ‘Deestrick Skule,’ but
I won’t hear you butcher up
sf);akespeare. Here's where I get
oft.”
Berth, Seeki
erth, deeßing
CHICAGO, Feb. 25.—When a Big
Four train from Indianapolis chugged
to a stop at the Englewood Station
early to-day a man descended whose
left eye was a blue-black, swollen
marvel. The story was brief. In his
frantic search for his supposed run
away wife he had looked into the
wrong berth
The injured man was Fred A. Stew
art, a wealthy saloon keeper of In
dianapolis. He was taken from the
train by Detective Sergeants Magner
and Bailey and at the detective bu
reau was regarded as unbalanced by
the loss of his wife.
Stewart's wife has been missing for
three days. Last night information
came to him, he told the police, that
she was to flee from Indianapolis on
the Big Four train in company with
another man. In pursuit, he boarded
the train and waited until it was well
under way,
Then he began his berth-to-berth
search. In the gloom of lower 4 he
peered upon a sleeping couple, Mr,
and Mre, Fred Pettibone, of Louis
ville, Ky,
“I've got you now,” he shouted. The
man arose and demanded to know
what he was talking about.
“Give me back my wife,” Stewart
sald. Pettibone, who Is an officlal of
the Mutual Audit Company of Louls
ville, responded with the blow to the
saloonman’'s left eye.
The train was thrown into an up
roar by the struggle that followed.
Sleepers rushed Into the alsle to be
overborne by the fight, and it was
some time before Stewart was sub
dued by the traln crew and taken to
the baggage car. He insisted upon
renewing his search through the
sleeping car until the inspiration
came to him that his missing wife
was in one of the trunks. There was
another fight to prevent him opening
them.
A telegram to Chicago brought the
detectives to the Englewood Station.
They had hard work to prevent
Stewart from pouncing upon a farmer
whom he accused of stealing his wife,
He was locked up, although no charge
was entered against him.
THE ATLANTA GEORGIAN.
How the Rank and File Regard
Corporation Doings—A Typ
ical Letter,
By B. C. FORBES,
It is deplorable that so few flnan
clers and corporations really under
stand the public.
Acts that are accepted as customa-
Ty, and, therefore, right by capitalists
may strike the public as wrong be
yond question.
And anything the public as a whole
are convinced is wrong is apt to be
changed more or less ruthlessly soon
er or later.
~ The ballot, not the dollar, is des
tined to rule,
~ Misunderstanding is the mother of
‘most quarrels.
And secrecy is the most prolific
breeder of misunderstanding and dis
trust,
Publicity 1s as a slowly rising sun.
In time it will shine over all.
But s 0 many men of affairs do not
realize this,
80 many of them seek to hide un
der the shadows of secrecy.
Even many who have nothing dis
reputable to hide oppose letting in the
light.
Need of Publicity.
On no subject do I receive more let
ters, year in, year out, than the lack
of thorough publicity in conducting
corperations.
Let me give a typical letter exactly
as written:
“Sir—l appeal to you and to your
valuable, fearless paper to start a se
rious movement to compel corpora
tion officials to make quarterly re
ports of their affairs, or, better still,
monthly reports.
“Only through such publicity will
stockholders have a falr chance in the
stock market, and not as it {s now,
when those in power, who In reallty
‘are after all but the servants and
‘high-salaried clerks of the stockhold
ers, the real owners of corporations,
take advantage of what they know to
‘be tranepiring on the inside, long be
fore it is made general knowledge,
and by manipulation of the stocks
to high figures on ‘fake’ transactions,
through which they fool the investing
public into belief that genuine buy
ing is In progress, under cover of
which the inside thieves sell out.
| “There is no moral difference be
tween the criminal who hits the trav.
eler on the head and steals his purse
and the rank inside official or clerkl
who uses his knowledge to eteal
money from stockholders. Both vlo-}
late the commandment |
“‘THOU SHALT NOT STEAL.
“If corporations do not read the
handwriting on the wall and reallze
that it is high time that they adopt
honest methods toward the stock
holders, who own thelr companies
and thelr jobs, perhaps a revolution
might open their eyes. Preach this
g Y . SEMIANNUAL STATEMENT =
For the six months ending December 31, 1915, of the condition of the
- - -
Missouri State Life Insurance Co.
OF SBT. LOUIs, MO,
Organized under the laws of the State of Missour!, made to the Governor
of the State of Georgia in pursuance to the laws of said State.
Principal Office—Northwest corner Fifteenth and Locust Streets, St
Louis, Mo.
1. CAPITAL STOCK.
1. Amount of capital stock .. .. .. .. .. .. ..$1,000,000.00
2. Amount of capital stock paid up in cash .. .. .. .. .. $1,000,000.00
11. ASSETS.
1. Market value of real estate owned by the company .. .. $491,338.56
2. Loans on bonds and mortgage (first liens) on real estate. 7,702,031.99
3. Loans secured by pledge of bonds, stocks or other
| n\Jteuble OQORBEOERAE ioovcno on oo 5000 06 20 a 8 15,205.48
4. Loans made in cash to policyholders on this company’s
| policies assigned as collateral. .. .. .. .. +. «¢ oo oo 2,124,051.14
5. Premium notes, loans or llens on policies in force .. .. 90,018.72
6. Bonds and stocks owned absolutaly: .
VRIS o« ih 56ian avins 56 ssss e 4o ne ssTRONIO
Market value (Carried Out) .. .. «c ¢ 0500 o 0 oo oo 69,925.00
L. Collh I OODORE'S OBIO® . o oo oo s o 5 50 60 00, 00 e 6.369.03
8. Cash deposited in bank to credit of company.. .. .. «« .. 873,577.98
10. Interest due or accrued and UnPAld.. .. .. .. co e oo o 314,448.38
11. Bills recelvable .. .. <. .0 co t 0 tece iu te ve ve oae e 67,568.59
15 ADUDEY DOMREE v s 55 oo apf ew ho W bsi dEOd ghen ks 61,223.10
14. Net amount of uncollected and deferred premiums (de
duction 20 per cent for average loading from gross
DS o o o L L e bh B sk s R N R A $43,988.15
16. All other assets, both real and personal, not Included
DOTOIRDMIOE® .o ¢ <o o 0 oo ot 50 0o 50 00 00 05 40 o 0 5,000.00
' - —— e e
WOLhl GEOEES ¢ « 6 co o 6 ov 00 90 o 8 44 oo o 6 ou 8e oo oo SIIGLTIN.OO
ARIAE GEIE .. oo vsoooososu ss ie sekab soo ERENRDNE. 25
1. LIABILITIES.
1. Net present value of all the outstanding pol
-0008 I DONOR cs oo 4s oo 50 ss as oo «50050.008.98
Deduct net value of risks In this company re
insured In other solvent companies.. .. .. 12,080.00
' Nl Dremmium POROEVE .. oo oh is sse duitstac en-ve JODESETE.OO
2. Death losses and matured endowments in proc
ess of adjustment, or adjusted and not due .. $85675.11
4. Death losses and other policy claims resisted by
200 COMPBRY .. +¢ oo soins s o 5 o 800 oo oo 15,5700
§. Annulty clalm unpald .. .. ¢ sses oo oo oo+« 100000
T SR I .. oc 4 45 050 5 ss o 0 6s s v e 104,547.11
= 7. Dividends declared . nd due and remaining unpaid.. .. .. $3,189.70
| 8. Dividends declared or provisionally ascertained, but not
DR s oc v'o 5o 29 06 5e B 4 59 b %o 5o €9 06 ve ap e 480,345 %4
L T ieN.Ls2% 4s o% oe sr'se ooF oa 52970, 12
10, Amount of all other claims against the company .. .. .. 163,376.89
LTR GEIIRE &¢050596856608660 0408 s 08 2 1,000,000, 00
12. Burplus over afl Habilities .. .. o oo vo o 0 o 0 oo oo 00 oo 814,125,083
TS BRIERINE oo co oo o 6 50,00 o 0 5o 80 40 o 0 os vs oo HIRONNE.IB
IV. INCOME DURING THE LAST SIX MONTHS OF THE YEAR 1915,
1. Amount of cash premiums recelved.. .. .. .. «v v«v oo $1.904,885.70
5 DR PRIV oo os oo o 0 5o 66 G 0 sa've ub 66 6 os se 881,848, 74
4. Amount of income from all other SOUrces .. .. .. . «4 «» 403.71
TR DI o 4« o 5 ning 85 8900 cons sk e 2o IR B
V. DISBURSEMENTS DURING THE LAST SIX MONTHS OF THE
YEAR 1915,
L EANOn PRI c. ci cv os is o 0 %o se oe os SO.THRDS
2. MAtured endowments pald .. .. .. <. «« .. 1690000
BN 064 as ik wl ss 5o 3n 48 e sise nBDRTRDR
Tou‘l amount actually paid for losses and matured en-
S DR is ot oo o 6 63 6o 00 €4 00 .65 66 56 54 s :azl.
A I£ 56 ae Gsodße gn vuite ot 240,409 77
6. Dividends pald to policyholders or others .. .. .. .. .. .. 55.633.10
7. Expenses pald, including commissions to agents and of- e
DU DI & s on §a b 6 o% Gk 06 G 0 56 B 58 46 oa 772.5%4.00
T T R e R B R P i 23.223.01
9. All other payments and expenditures. .. .. .. .. .. o 0 oo 69.904.04
Total disbursements .. .. .. .. ..
mm amount insured in any one risk (net). $25,000.00 SAN.%
| amount of insurance outstandine (vald
} AM&:.&...“.‘.&'.. .o s loa.«ty .. 106.580.393.17
[neursnce Commiasioner. £ BN W dinaas
*Personally Anoeared Lafors she g
Al undersigned T. ¥, u'n-oa whe, m
%m Company, and t::t e R b
oot ' the foregoing statement s correct
T F LAWRENCE, Secretary
Sworn 1o and subscrided before me this 334 day of Febroary. 1916,
y AMELIA RTERN,
Notary Publie, City of Bt. Louls, Mo,
fearlessly. Don't hesitate te call a
spade a spade, and a thievjmg corpo
ration offielal a thfef. Very truly
yours, AU%USTUS W. RICE.” |
Reflects Public Opinion.
During the last four years I believe
spme service has been rendered by
plublishing letters from all classes.
It is well to let capitalistic Jeaders
know how thelr actions are regarded
by the rank and file.
Suppressing public opinion aerm'
no useful, helpful purpose.
Airing 1t not only acts as a safety
valve, but ends to bring curative re
sults. .
The letter printed above should be
pondered by financiers and others
identified with corporations which
still refuse to practice genuinc pub
licity.
The rallroads several years ago
were compelled to issue monthly re
ports of earnings.
Why shouldn’t industrial companies
owned by the public be compelled to
issue reports at least every quarter?
The largest industrial concern of
them all issues illuminating trade fig
ures every month, and a financlal re
port every three months.
Favor Quarterly Reports.
Several other industrial cnterpflm‘
now supply quarterly statements. |
In every case where the question
has been put before stockholders fair
ly and squarely the vote has been in
favor of quarterly reports.
Why are so many corporations lag
ging behind in this matter?
Why don’t they act voluntarily?
Why wait until forced by law to
do so?
Action then will come with 11
grace; it would come now with good
grace,
The majority of outsiders, let me
tell financiers, are quite sure that op
position to fuller publicity is because
insiders would not be able to do so
much profitable speculation in the
companies’ stocks. |
I know, of course, that such an as
sumption is wrong in nine instances
out of every ten. |
But you can not convince the pub
lic of this.
~ And I'm not sure that it is the duty
of financial writers to exert them-‘
‘selves to remove this misconception.
.~ The best way to remove the mis
conception is to remove the cause
of it.
. Do away with secrecy and you will
'do away with suspicion.
' Corporations that have =old securi
ties to the public ean not hope to be
regarded or treated as strictly pri
vate concerns, and their activities as
no business of the public’s.
The privilege of accepting the pub-
Nc's monev rightly carries with it re
sponsibilities.
And not the least of these respon
gibilities is that of supplving all rea
sonable demands for publicity.
The quarterly report is a reason
able demand.
T.et it be furnished voluntarily bde
fore it has to be furnished involun
tarily.
.
Senator Will Ask
' 1
U. 8. Aid for Poles
(By International News Service.)
WXBHINGTON. Feb. 25.—8enator
Hitchcock, of Nebraska, announced
to-day that he would introduce legis
lation within a few days for a large
appropriation for Polish relief and re
questing action by the administration
to insure its arrival in Poland without
Hritish or German interference.
ife Agent
Mutual Life Agents
. .
Adjourn Meeting
Georgia agents of the Mutual Bene
fit Lifé Insurance Company who have
been meeting in convention at the
Hotel Ansley, adjourned Friday to re
turn to thNr homes after a session
of two days.
Frank S. Paimer, I. K. Norman, of
the Leaders’ Club, and officials of the
company made talks before the rep
resentatives Friday morning.
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“Best to Buy for Bake or Fry
d receive a House Cap Free from y
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The Most Profitable Employe &
_ on the Pay-Roll. |
I N modern concerns—big and little—the Long Distance
Telephone heads the list of business getters. It mul- ‘
tiplies selling time,—minimizes selling expense,—
runs no hotel bill,—and jumps from city to city at a
moment’s notice,
Your voice on the Long Distance Telephone carries
your personality. It secures an immediate audience and s
accomplishes the results. B
‘ Is it on your pay-roll? \
x
Southern Bell Telephone
and Telegraph Company }
. .
G. 0. P. Nomination
~ (By International News Service.)
COLUMBUS, OHIO, Feb. 25.—At
torney Frank S. Monett, of Colum
bus, former Attorney General, to-day
filed with Secretary of State Hilde
brand the declaration of William
Graut Webster, of Chicago, as a can
dida‘e for the Republican presidential
nomination.
FEBRUARY _ 191 s.
More Army Recrunits
Soughty in Georgia,
More Georgia recrults for the
United States army are being sought
in a canvass of towns and cities in
the central part of the State, being
made by Sergeant Frank Hippert, of
the Atlanta recruiting bureau.
He has returned from Marietta,
where he conducted a temporary sub
station, and Friday was preparing to
‘go to Macon on a recruiting skirmish.