The Atlanta Georgian. (Atlanta, GA.) 1906-1907, July 31, 1906, Image 6

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THE ATLANTA GEORGIAN". The Atlanta Georgian. “Mike O’Grady’s” Confession. nd runs through JOHN TEMPLE CRAVES, Editor. F. L. SEELY, President. J Telephone Subscription Rstes: One Year $4.50 Six Months 2.50 Three Month* 1.25 By Carrier, per week 10c Ent*r*1 at Published Every Afternoon Except Sunday by THE GEORGIAN CO. at 25 W. Alabama Street, Atlanta; Ga. a»» mat tar April 2S, IKK, at tbe raatoffle* I nder act of eongreM of March t lfW. A man may well bring a bora# to the water. But he cannot make him drink without he will. —Heywood. Let the Southern Cotton Executive Committee Be Judge. We take It for granted that the InvesUgatlon com. ralttoe called by Mr. Harvle Jordan to examine the sus picions against hla administration can scarcely aatlsty Mr. Jordan himself, and we are perfectly confident that It will not begin to satisfy the great body of the cotton association and the vast number of people wbo aro Inter csted In tbe affairs of the organisation. Whatever position we have taken in this matter has been based upon the conception that the Southern Cot ton Association Is In every sense the greatest and most Important organisation In the 8outh. There la no other organised body In these Oult and Southeastern states that compares In Importance or In meaning with the Southern Cotton Association, or carries with It so much of the prosperity and development of the South. Farmers’ associations have been formed for these many years past In these Southern states and have all been Inaugurated with noble alms and lofty purposes, looking to wholesome development and fair prices for the producta of the farm. Most of these organisations In time past have fallen to pieces through politics, through corruption, or through the graft and Incompe- tency of their leaders. It would be fatal beyond meastlre It this great body of cotton growers and agricultural men should share the fate of previous organisations. To avoid this catas trophe It Is eminently necessary that the lives of the of ficials of the associations and the executive heads of the organisations should be absolutely free from any culpa ble or dangerous connection, and aa absolutely free from even the suspicion of wrong-doing or of evil associations. It was for these reasons and for these reasons alone that The Georgian has led the light for a thorough, fear less, and sincere Investigation Into the reflections which have been urged upon certain olflcers of the cotton as sociation. Feeling that Mr. Harvle Jordan's administration was under investigation, and that that administration must be like Caesar's wife, "above suspicion," we felt sure that the flrst Impulse which should have moved Mr. Jor dan would have been to provide the largest, the com- pletest and the most satisfactory court of Inquiry which could be secured to pass upon these affairs. We cannot sec how Mr. Jordan or Mr. Cheatham contd be satisfied for a moment, or expect tbe public to be satisfied with n committee selected as this has been. We do not think It ethical or proper for Mr. Jordan or for Mr. Cheatham, who are both officer*, not of the Georgia association, but of the entire Southern association, to throw the respon sibility of their trial upon two members of tho Georgia association, however excellent and clean are these mem bers. We submit not only to Mr. Harvle Jordan, but to the general Intelligence of tbe termers and cotton growers of the South, that the most natural and reasonable court of Inquiry that could have been summoned to pass upon these Issues would have been the general executive com mittee of the Southern Cotton Association. This would have brought Into the court, men Impartial, men remov ed from Mr. Jordan and his administration, men whoso verdict could not be by any stretch of suspicion, view ed as an Interested verdict, and men, more especially, who were entitled to hear and to pass upon these charges which affected their Interests and the general association of which they were the guardians. What right has Georgia alone to try an officer of tho entire Southern association? What right has a general officer of the association In summoning a court and a Jury, to omit from that court and Jury those who had an equal right to participate? We did not attach, and we do not think that the pub lic will attach, any degree of Importance to the court of Inquiry called for session on Monday morning. We are thoroughly convinced thnt If President Jor- dan, of tho Southern association, and President Johnson, of tbe state association, and Committeeman Peek vlll lay their heads together, they wfll promptly adjourn this email court of Inquiry and refer this question to the gen eral executive committee of the Southern Cotton Asso ciation, which can be called together by the president to meet and to hear tbe evidence upon every side which touches tbe charges against the present administration. This Is what can be done and It Is what by all means should be done. Tbe reader will understand that the officers of the Southern Cotton Association, through their reports and correspondence, have the whole cotton situation of the country at their Unger tips. If. then, there could be add ed to this great equipment the facilities of a modern bucket shop, the opportunities for making money would have been superb, magnificent, charming. The temptation was Indeed great Let us trust and believe that the future will develop the fact that the Honorable Harvle Jordan and the equally Honorable Richard Cheatham, did not yield to this temptation, and that the Honorable A. A. Fairchild was not really a scapegoat, but was. In point of fact, and beyond bis own confession, the only sinner in this transaction. The columns of today’s paper will Indicate that many thoughtful newspapers and periodicals throughout the state and throughout the South Indorse The Geor gian's demand for an Investigation Into the charges which affect the official life of tbe Southern Cotton Association. The Savannah Press, The Albany Herald, The Mobile Register, all published In tbe great cotton centers of the country, are among the number of news papers calling for an Investigation. Tbe Cotton Trade Journal, of Savannah, one of tbe best reputed and most respected cotton and trade Journals of tbe South, pub lished In the great port of Southern shipments, has com ments to make which are exceedingly Interesting as In dicative of public opinion, and should be Instructive and enlightening to Harvle Jordan in the present emergency. pproacblng . s, about two miles In length, are for the most part Notwithstanding the statement of the Hon. I perpendicular. After making Are distinct leaps, as the n . cha*m deepens. It settles Into turbulent and angry mood, Richard Cheatham, made through The Gonatitu- and bo continue* until it leaves the gorge ami rogaina tinn a few rlavs niro flint .he knew nothing of the u * w °ntod character. Tho total fall of water, within the lion a lew ua\* ago. mat ne Knew nouimu two ml)ei mentloned ^ eit | m ated at 100 feet, and hasm whose dwelt among the rocks and under water falls that they "Mike O’Qradv” in whose name some officer of the cotton association was suspected of having traded in cotton through a brokerage firm, "Mike O'Gradv” turns up in the flesh, and confesses that he placed money in the hands of Richard Cheat ham. secretary of the Southern Cotton Aasociation, and authorised him to speculate for hinl on his (Cheatham’a) own judgment. The confession scarcely needs comment, The fact is established at last that Richard Cheatham, secretary of the Southern Cotton Asso ciation. has been using the advantage given him bv his position, to speculate in cotton futures, even though for the beneficial interest of his friend, Mike O’Gradv.” If Mr. Ciieatham wishes to anticipate the judgment of the members of the Southern Cotton Association, in whose interest he has been waging warfare against gambling with one hand while he himself was playing the market with the other hand, he will resign nt once. The New Mr. Rockefeller. It Is a new Mr. Rockefeller who has come home from France to meditate among his millions. It Is a case of “bless thee, Bottom, thou art trans lated,” when the New York newspapers refer to him as jolly John D„" and In other terms' of kittenish en dearment. But the fact seems to be that bis liver is working exceedingly well and he la bubbling over with good hu mor. He was the most popular man on board tbe steam er In which he returned to the United States. He met tbe newspaper men st tbe dock with a hearty hand shake and opened up freely when they wanted to Inter view him. He even Invited them to come out to*bis country place and play golf with him. He was a new and a better John. It la a great pity that he didn't see the error of bis way long ago. He would not have been pictured ao often as a sort of ogre, and be would not have Incurred the odium of shutting himself up In his hermit estate, snarling at his fellow man. Another sign of Improvement la that he has author- tied his attorney to accept service for him In the case aoon to be tried In Ohio against the Standard Oil Com pany. Ho places himself in a much more dignified posi tion than by attempting to dodge tbe process server for an Indefinite time, aa tome of his associates have done. There is no reason why tbe Standard Oil Company should not come Into court and explain wby It has done certain things which, to put It mildly, look very much like a conspiracy In restraint of trade. There Is no rea son why Mr. Rockefeller himself should not come. Into court and tell what he kpows about it But It Is this change ot heart which Interest* the people particularly at tbls time. The sun and the good, warm air ot France seem to have done tbe work for him. He has shown that bis fellow millionaire, Mr. Sage, was wrong—radically wrong—aod that a vacation is a good thing for any man. It has given him a saner and healthier vlow of life and he must reel like a very dif ferent creature. Hla conduct In the future, and particularly In the trial which will soon take place at Findlay, Ohio, will be watched with considerable Interest. What If he should loosen up and tell all ho knows? the several falls bare been named Ladore, Tempests. Oceana, Hurricane and Bridal %'etl. At these points tbe stream 1h exceedingly winding, and the granite cliffs on either side vary In height from 600 to 900 feet, while the mountains which back the cliffs rqgeh an elevation of 1,500 feet. Many of the pools aro very large and deep, and the walla aod rocks are everywhere covered with tbe most luxurinnt mosses. Tbe vegetation of tbe whole chasm Is In truth particularly rich aod varied; for you may find here not only tho pine, but specimens of every variety of tho more tender trees, together with lichens and vines, nnd flowers, which would keep a botanist em ployed for half a century. Only four paths haro been discovered leading to the margin of tbe water, and to mnko either one of these descents requires much of the nerve and courage of the sapphire gatherer. Through this Immense gorge a strong wind Is ever blowing, nnd tho sun never falls upon tbe cataracts without forming beautiful rainbows, which contrast strangely with the surrounding gloom and horror, and the roar of the water falle, perpetually ascending to the sky, comes to the be holder with a voice that bids him wonder and admire. With regard to the more striking feature of tho chasm next to the falls may be mentioned the v Devtl's Pulpit, the Devil's Dwelling,- the Eagle's Meet, the Deer Leap, Hawthorne's Pool and Hank's Sliding Place, whose several names convey an Idea of their character istics or associations. After omerglng from Its magnificent chasm, tho Tal- lulnh river .runs quietly through a beautiful vale, which Is so completely hemmed in with hills at to be quite Inac cessible to a vehicle of any description. In this narrow vailey stands a solitary cabin, which though now desert ed and forlorn, was once the happy homo ot Adam Van- du'-r. the hunter of Tallulah. In politics, which he ile- splsed, ho went for men, not principles, and from the time that he fought under General Jackson In tbe Creek war until hla death, he continued to vote for him for president at every subsequent election. Many generations ago, according to tbe Cherokces, It so happened that several famous hunters, who had wandered toward the Savannah river, never returned. The fears of the nation were, excited, and they Bent a delegation of medicine men to find the hunters. When they returned, they reported that they had dis covered a dreadful chasm In a strange part of the country. They said It was a very wild place, Inhabited by a race of little people, who- were the enemies of the Cherokee nation: and they knew that these little folk had decoyed the missing hunters to death In the waters-of Tallulah. In view of this le gend, It Is worthy of remark, that tbe Cherokees. be fore departing for tho west, always avoided the falls of Tallulah, and were never found hunting or fishing In the!r vicinity. TALLULAH FALLS FOR A PARK. To tbe Editor of The Georgian: Aware that The Georgian takes the lead In advocat ing those things which tend to the welfare, the pride and the pleasure of Georgians, I may be pardoned for directing attention to a subject In which tho people of the dear old commonwealth are greatly Interested, I. e.. tho permanent establishment of ample recreation spaco at Tallulah Falls for the enjoyment of present and future generations. That this Niagara of the South should be developed and utilized for mere money making and that the hills and dells should be occupied by a imputation devoted to earning a scant subsistence as mill opera tives, grates harshly upon the liner sensibilities of a large percentage of the Inhabitants of tbe state. That it shall be used by the Empire State of the 8outh as a pleasure ground for its people has taken shape by tho appoint ment of a committee to acquire It by the senate and house at the session of 1905. The patriotic chairman of the combined committee Is thoroughly Imbued with the spirit of preserving unimpaired nil the grand scenery and great water falls for the delight ot the sons and daughters of Georgia. Yet efforts are afloat to establish electric power plants and pulp mills at Tallulah Falls. That roaring Tempesta, raging Hurricane, seething Oceana and tbe milder Bridal Veil shall be harnessed to turn tbe Wheels of manufactories, muffling their loud voices and hiding their gmndenr forever; that the grand chasm shall becotde a stagnant lake, nnd the ruggefl handiwork of Nature when at her best shall be obliter ated that a few capitalists may add more millions to their riches. Is vandalism pure and simple. Georgia will not stand for IL But before the committee acts some one of the many Individuals nnd corporations who have an eye only to their material advantage, may acquire possession of the property and thus render tbe acquirement by the state more difficult or perhaps Impossible. I am reliably Informed, however, that If the committee Is ready to act. that conditions are such that tho state may acquire cer tain portions of the falls and lands which would give It the key to the position and preclude the development of the water power for manufacturing purposes. Quick ac tion Is necessary, however, and cannot-be urged too earn estly by press and people. RABUN. Cholly Knickerbocker’s GOSSIP About j People SOUTHERN PAPERS DEMAND A THOROUGH INVESTIGATION It Is nothing less than Just to say that thb refusal of Hon. John D. Walker, ot Sparta, Ga., to serve upon the Investigation - imralttee, did not contain any sug gestion of a lack of confidence or regard for Mr. Jordan. Mr. Walker declined because of pressing engagements elsewhere, and there was no meaning to his refusal be yond the one which ho assigned. However, our congrat ulations to him upon getting out of It were based upon our own view of the situation and not on Mr. Walter's, which-we did not know. Mr. Walker Is clean, capable and above suspicion, and we feel sure that however little he may have been willing to shirk the responsibility, from our own point of view he Is fortunate In not being able to serve as a member of this committee. Tallulah Falls a State Park. Nothing Is more apparent than that Georgians are attending strictly to tho material upbuilding of Georgia and not at all to the beautifying ot any part ot the com monwealth and the enhancement ot the pleasure ot the people. Prosperity makes mankind desire other pleasures and other recreation, and there Is nothing which would add more to the Innocent pleasures and commendable pride of Georgia than the ownership by the state ot an Immense park of mountain landscape at Tallulah Falls with the great cataract set aa a gem la Its center. Geor gia Is able to purchase. Improve and beautify this natural ly beautiful and romantic section. It could be used for encampments ot our soldiers both state and national— an Ideal training camp In Ume of war; tor vast gather ings of the people and for Chautauqua purposes. It would In time of peace become the favorite Mecca tor the pleasure seeker, the tired American worn down with hard work and threatened with nervous prostration snd alto for the cosvslescents; a pleasant retort and sana torium for all classes and people*. A chain ot hotels would dot the greensward; happy children play under the trees and drink In the Invigorating oaone. which would make of them stalwart men and handsome wo men. That Georgia had such a playground would at tract visitors from other lands, and these visitors might become cltltent. colonists with money to pay for lands and houses In our favored dime. All Americans glory In the possession ot Yellowstone park and speak with pride of Niagara Falls, especially when their feet press foreign toll. Virginia has its Otter Peaks and Natural Bridge; Oklahoma Its Wichita mountains; Kentucky Its Mam moth cave, California Its Yosemlte. Georgia should preserve the falls of Tallulah as a monument to Its sen timent of the beautiful and grand! The following description of Tallulah Falls, taken from "Our Native Land," Is generally regarded aa one of the most exquisite ever written: Nowhere In Georgia can there be seen such a nov elty ot mountain scenery aa Tallulah chasm. In the northeastern part of the state. This Cherokee name means the terrible, and was originally applied to the river on account ot Its magnificent falls. It runs through a mountain land, and la narrow, deep, dear, cold and subject to every variety of mood. During the first half of Us career It winds among the bill* in uneasy Joy, and then, for several miles. It wears a placid appearance and you scarcely hear the murmur of tbe waters. Soon tiring ot this peaceful course, however, tt narrows Itaelf for Speculating Officials. From The Memphis Commercial-Appeal News dispatches state that It has been charged upon the floor of the Georgia legislature that certain officers of the Southern Cotton Association are stockholders and sharers In the profits of a large brokerage firm, chiefly en gaged In the handling of cotton futures. This In Itaelf Is not an offense per se, but In view of the fact that the asso ciation has been moat active In efforts to suppress all forms of future con tract trading In cotton the thing. If true, Is moat culpable. Immediately upon hearing that such charges had been made, President Harvis Jordan appointed a committee of three from among the officers of the association to make an Investigation and report on the matter. The cotton growers should units In demands for the strictest Integrity of conduct hy their officers, who are paid and supported by a tax levied upon the producta of the tollers. The associa tion's members are more than stock holders In an Institution; they are In effect cltlsens of an economic body, a body entrusted with their financial wel fare. The demand la for men of probi ty and intelligence to guide IL The charges may not be sustained, but It behooves the association at all times to look closely aftsr Its own snd to punish with sevtrlty ntalteasance In office, should there be such, conse* quently President Jordan's act provid ing an Investigation cannot be too highly commended. The association has been a power In the cotton market at times since Its organisation. That power cannot be maintained If the suspicion gains cur rency that those In command are us ing the wide Influence of the organ ised growers for selfish and speculative purposes. There should be absolute di vorcement of the personal Interests ot officers and the conduct ot Its public policy. Standing In With Bucket 8hops. From The Savannah Press. We trust that the Investigation or dered by Mr. Harvle Jordan will be thorough. If any -official connected with the Southern Cotton Association has been Interested In bucket shops or has been engaged In speculating In fu tures the fact* should be known. No on* believes that Mr. Jordan himself has been Implicated, but there were rumors associating some one In his office with this kind of practice. Now this Is the very thing for which the Southern cotton growers have been exposing the statistical bureau In Washington. Such n thing Is Intolera ble and should not be covered up by technicality. We see It stated that the association has no power to send for witnesses or to administer oaths. This would create a bqd Impression. One man has already acknowledged that he owned an eighth Interest In a bucket shop, but says that ha has let It go. Another man answers that all charges that he wss speculating In cotton fu tures was "hearsay." The whole thing cams out during Mr. Anderson's speech against Mr. Boykin's future* bin. A cotton Jour nal, soul to be the organ ot the Cotton Growers' Association, vigorously sup ported the Boykin bill snd viciously attacked the opponents of that bill. It was than that Mr. Anderson was sup plied with Information which h* used on the floor of the house that certain parties connected with the association were said to be speculating In futures under an assumed name, and that one of them was actually Interested In a bucket shop. Just how far the facta will sustain the charge* will be proven In the hearing If a full and free hear ing Is had. Mr. Anderson claims to have the document* and say* he will be able to show that some of the men who have lined up so strongly for the Boykin bill were living In glass house* Trad* Jaurnsl "Not Surprised." From Savannah Cotton Trade Journal. We are not entirely surprised that attention has been attracted to the con duct of officers of thq Southern Cotton Association. 'The Cotton Trade Journal called attention to a number of things done on the part of President Jordan himself, which were tending to Impair his usefulness os the association's ex ecutive. notwithstanding they Involved nothing more than getting Into com pany with hi* official name where he did not properly belong. It was not thought wise for him to become the tool of promoters of this and that con cern, In New York as well as the South, as director or otherwise, and then per mitting the parading of the associa tion's head as an Indorsement for pat ronage among Its members. Unsolicit ed letters of approval of The Journal's position which cams from all over the cotton belt was a sufficient assurance that tha people were opposed to such alliances on the part of their president. When the association's officers wish to embark In enterprises that may In volve a withdrawal of confidence In their fidelity to their trusL they should be able to see what Is ahead for them, and acting for Its welfare, retire In "Will Have a Time Explaining." From The Mobile Register. * The Southern.Cotton Association of- fleers will have a time explaining Sec retary Cheitham's connection with the Piedmont Brokerage Company, a buck et shop ot Atlanta. Cheatham has been systematically bulling the market for a year or more, persuading planters to hold their cotton for a price that was nsver realised. Meantime, so says a stockholder In the bucket shop, he has been giving tlpe on the market, making money on the side. These are the same men who propose to Southern people to put up eeveral millions of dol lars to make paper out of cotton stalke —a new way to manufacture sunshine from cucumbers. THE MULBERRY SELLERS OF THE COTTON FIELDS Is the Cotton Stalk Products Company, headed by the Hon. Hsrrle Jordan, snd heralded throughout the South during the pest few weeks, calculated to deceive the unwary ami Inveigle the farmers of the South Into tshlng ■took In s visionary snd Impracticable scheme? The Chattanoogn Tradesmen has taken up the matter, and Bounds a note of alarm. In the laane of July IS, The Tradesman *ey»: The character of Colonel Mulberry 8elt- ers, ao graphically depicted In Mark Twain's tiook, "The Gilded Age," wss taken from real lire and bas Ha counterpart In that millions and no matter son* that Is launched In realm of glided allurements: "There's ons In lt,"*nd almost everywhere else, In behalf of every conceivable scheme, ■tter how rlalonary, It la tho Mine old of Mark Twala'a hero, "Thera'a mil- to theilenliena of darkrat Africa to treat the afflicted there at It per eye. He ex- plalnted that there were a million of them who bad sore eyes, and that wosld be a million dollars, bat as these had two eyes each It would donhlo this sum, and ao he exclaimed excitingly, by Irresistible log- le, "There'e million* In It" But alnce Colonel Hellers' day, others have exploited various schemes, on paper, that were squally aa clear, and they all claimed hy a similar proceM of reasoning, "There's millions In It." With ons It was the making of paper from swamp grasses; with (mother It-was gtaut powder from coal dust; another wfia going to convert cord alalka Into cellulose anil other prod ucts, nnd liehlnd this there were actually term in norms, aim use loess in me cot* ton fields tq displace the negro In pick ing cotton, while still another wai going to corral the fire-files and do away with gas or electric plants for lighting towns and cities. In all of these, ana many others of similar character, the cry waa: "There'e millions In It!” llut there has re cently bean organised a company that for elsborsteiieM ot exploitation end extensive ness of claims lays It ovtr til others ever before presented io a gullible public. Colo nel Mulberry Hellers would turn green with envy, If he were alive and could hear wbat this company proposes to accomplish. It la called ''The Cotton Stalk lTodncta Company,'' snd wss organized under the laws of Maine with a capitalisation of 115,000,000, and Hi bittiness will he to make paper and denatured alcohol out of cotton atnlks. Just listen to some of tbe many things It Is going to achieve, aa announced by lia promoters: It will enhance the value of the cotton crop 1100,000.000 (lit): It will rev olutionise tt) the handling of the cotton crop and save MO.000,000; It will cheapen the price of paper (ti and Mre millions more; it will Kill the boll weevil and Mve 175,100.000 to the farmers that la now lost that peat (ttt). .. will grow the material for the paper r ills—snd the** will lie established every miles through the cotton licit—st the back dmn of these mills, and this will Mve Its trsnsportstloa. besides; patting out of bust- nets the 750 paper mills nnep In operation, and transfer their annual Income of £00.000,- OOO to the Heath!!! It will rare the forests ot tbe northwest, now belsg denuded for P *-fhe announcements state that then are 10,000.000 tons of cotton talks prodneed with earb crop, and for which the farmer It to receive from *1.50 to *i.60 per ton. This must mean the price In the field aa they stand, otherwise It would require a two- mule team, drlrer and hands to load and unload with a delivery of any. * miles to the nearest mill, and thnt would entail an artnal loss In cost of lalior alone st that price. Betides. It I* barely possible that Hie crop of stalks will equal In tona the numle-r of lie let of cottou rataed. or. put It for genii measure at li.aw.oor) tona .which will be nearer the amount thin what Is given. Of this touuage. 35 per cent Is ron- vertllile Into paper and * per cent Into alco hol. ueeordlng to the claims umde. This would give 1.35.7*) tong of puper. about loach to supply the dally papers lu a ^wZt our tuetropolltaa rltlis ami yet tbte impsuy la going to put all the other paper illls of the country out of hutlneuu!! Rot this It not all of the result*, by any .jeans, which are to follow from the opera tion of this Mhtasmtrarte-prodnetag, eom- nany. There will be t per real of alcohol obtained, and this wlll to cheapen this ar- tt.-lr that Internal rotuhottlooi engine* will everywhere appear. and the hers* will go out of business. Why, It. I* told In this announcement that In 1*1# there will he 500,- 00* of nueh engines lu dnily a**!!! Thee* engines, of course, must bn supplied with alcohol from tbe mill* of this com pany, which will render good roods evury. where prevalent, and the railroads will be like .tbe horse, relegated to non-use, snd tho rate question wlU be a thing of the past. Tet the crowning achievement to result from the production of this alcohol In these mills It to be the running of tor pedo boats with a speed equal to the faatest expreee tralna of the country!!! Mlrablle dlctu! aa the old professor of Latin used to express. It, and this woslil work * com plete revolution In the construction of tor pedo hosts, which would thru settle the qenstton forever of which was the strong- rat navy lu tbe world, slues those torpedo boats conld clear tho seas of battle ships liefore they could get Into action or even turn aronnd. The public la further Informed that this gigantic conception came from one master mind, which now rules tbe destinies of tho Southern Cotton Asasclatldh. hat this la past licllef. It sounds Ilka the Corn Htalks Company promoters, the old Houthern Cot ton Corporation and the I5-Cent Cotton Trust all combined, tt Is worthy of these aud a half dosrn Colonel Mulberry Sellers thrown In for good measure. Ot crfhrte, alien a company with such un limited possibilities before It has no stock for sale! Away with mch a base sugges tion, for no rane director would i any portion of Its $15,000,(100 of cnpl lie offend for sale at any price tt may be well for the public, Inc - the dnnr cotton planters of the. South, to read snd ponder over the following letters from two of tbe director* of tbls company, and compare them with the foregoing claims put forth on the authority of the reliable New York Commercial nnd swallow ed. iwlt, hook, line and pole, by some ol the leading dally papers of the Houth: "Birmingham. Ala., Jnne 10, loot.—The Tradesman, Chattanooga, Tenn.—Dear Sir: In reply to your letter of the »th Instant, would stale that wL — — from my own knowl ment as to the fessl _ ... ture for commercial purposes of paper, de natured alcohol and other hy-produrta from cotton stalks, I have seen soma ' factory samples and have recel. suers from w. W. Gibbs and M. IV. Mars- den, of Philadelphia, who claim that these products ran hr manufactured from cotton stalks at to low a coat as to make the pro cess a commercial success. "The understanding, however, upon which ! authorised the use of my name at a direc tor Is distinctly that only so much of tha stock, probably about tin,000, shall lie of fered for Mir at present as may be neees- mit to trallit, equip and finance one mill, to he located st some eligible point, and that fntare stock offerings to the publli ar* to bo based entirely upon tbe actual results obtained by this min. “While the enterprise appears to he sol Important one, the proceM shontd be given a thorough, practical teat baton stock Is sold and plants established on n large scale. W. P. 0 BABDINO, “President First National Bank." "Birmingham. Ala., Jnne 10, MO*.—The Tradesman, Chattanooga, Tenn.—Dear Sir: I hare your favor of May a. making In quiry In regard to the company organized to utilise cotton atzlkz of the Booth. “I do not know that I can gtre yon tbe Information thnt yon desire, nnd. therefore, refer yon to W. W. lillihs, Penn sylvania building, Philadelphia, wbo con trols the patent. "The process appealed to me for two res- ’••firat. It la a wAl-khown fbfit tpst the .set of paper pulp la gradually Increasing year hy year, and that tbe price of |mper at present Is very burdensome to large con- "Second. - It woold be a strictly South ern enterprise snd one that ought to *p- pesl to.the Investors of the Houth. "Of coarse, one ran never tell what the commercial value of a proposition like this would ha anttl a fair trial has lieen made on a large Male. The experimental plant la claimed to have been a grant tnoccas, bnt n great many other roadlfkma Might arise when manufacturing on * Urge scale. Tbe Intention of the company at tneoent la to build and equip one pUnt. and If this It sneresofnl. to fntrodoee them all over the Houth and utilise a product which has here tofore lieen wasted and burdensome to ,11a- noe of. W. H. HAHHINOKR. Vice President Republic Iron snd Hteel Company." $2/100000 LOST IfT EXPERIMENTS. the Tradeamai has made some Inquiries concerning the Xfnnsten Company, or |>m|. Silelphlt. under /the intents of which It has been rlatmel tho Cotton Htalk Prod uct* Company Would operate. Ho far aa ha* been tnce* Mined, this company ban had only one plant that has lieen operated for eommeretal remits, and'thin is located at Owensboro, Ky.. and the following let ter from n reliable source Is thnt city to The Tradesman has thin to my regarding that plant: "The Utm’n Company, of Philadelphia, By Private Leased Wire. New York. July 30.—President Root*. VOIL While S member of the Reformed church, la no bigot In the matter of r*. Ilglon. He attended the Presbyterlaa church st Oyster Bay yesterday, the services being arranged specially for his edification. He listened to an ap propriate sermon, and Joined heartily In the singing. New* reached me from Hanover Mass., that James A. Garfield, who hog been dangerously III from an attack of pneumonia, has rallied somewhat, and now has a good chance for recovsryl There should be an Inspiration to tht young men of the naval academy la their new training ship. The Olympia. from whose bridge Dewey fought th* battle of Manila liny, and demonstrated to the world that the American navy, in a generation of peace, had lost non* of the efficiency from th* time Paul Jones mad* It the most effective fight ing machine which sails the seas. The famous ship Is to be used for the gen eral Instruction of future Deweys, Schley's and Sampsons. * The Lord's day observance commit tee of the Massachusetts legislature sent to Coney Island to glean Ideas for some new blue laws, sat In Magistrals Voorhles' court this morning to see what fish were caught In the legal net of the resort yesterday. They had done the whole Island th* day before and found the fun no Inno cent and wholesome that they de clared they would frame a very mod erate law when they got home. Noth ing happened In the police court today to change the Impression their .Sun day's Jaunt had made. GEORGIANS IN GOTHAM. By Private Leased Wire. New York, July SO.—Here are some of the visitors In New York today: ATLANTA—T. AbbotL C. B. Bed- well, A. Bluatenthal, H. 8. Cole, A. Diaz, Jr., M. IV. Gray, F. P. Hayes, A. O. Morris, W. R. Norris, F. IV. Patterson, C. P. Phillips, IV. H. Roser, T. J. Wes ley. C. Blosaer, EL J. Dickey, F. 51. Kaufman. AUGUSTA—Miss A. L. Branch. 5IACON—R. S. Krause, J. M. blis ter. IN PARI8. Special to The Georgian. Paris, July 30,---5Ir. and Mrs. David H. Keefe, of Atlanta, Ga., registered st the office of the European edition of The New York Herald today. nted for s number of years, the company buying corn atnlks from tho farmers at from II to |6 per ton. The company bought and worked up an enormous amount of corn atallu, but tbe great difficulty they experienced was In getting out table ma chinery for extracting tho pith from, tho stalk. They spent a large amount ot money experimenting, and replaced the machlnS-yc In tho mill three or four time*, at a tre mendous outlay of rash. "They Unfitly almuiluued tho machinery entirely and bought tho pith only from the farmers, bnt the writer Is not familiar with tho prlco paid for the pith alone. It moat hare been a losing venture, as they finally gave up the manufacture of cellu lose entirely, and the plant Is now being need for manufacturing a special stock feed made of corn and alfalfa. It soema thnt the plant at this time Is being operated hy an entirely different company, at It Is known as the American Milling Company, and wo do not know what disposition waa ever made of tbe Maraden Company. It Is estimated that they spent anywhero from »1,000,000 to 53,000,000 In Owensboro since the buslneia waa Brat started. COTTON 8TALi<"pRODUCT8 CO. Editorial from Tbe Tradesman. A few year* ago, a company wia organ ised In Philadelphia fo make cellules* sad other valuable producta from corn atalas, nnd great claims were madn Is Its pro moters ns to tbe benefit* the farmers of tbe country would receive through th* conversion ot a waste product Into a aourc* of wraith. The company was capitalised away up Into the millions of dollars, and. men protu- loent la tho financial and business world were named aa Its officer* and dlrectora. Numerous factories were to be Immediately erected In various portions of the corn raising seetlon, and to give greater weight to tho launching of the company It was allowed to .get out llut there woo d be a tremendous demand for the product or these factories lor tho lining of naval veseele, through which they would be come practically safeguarded from danger. In that the elasticity of tbls material waa such that all hole* from shot or ahcll would '"under t surh M 'on!iouncem*nta nnd claims Urge blocks of stock were marketed, and commercial bodies opened np extended cur- resiHimlcm-e with the company for tbe loca tion of factories In their respective commu nities, hut so far at The Tradesman has been advised, only one plant wss ever erect ed, amt th* atoek ot the company went to pieces, the Ust reported sales being si lKe on the dollar. _ „ when the announcement of th* Cot too Htalk Prod acta Company first »PI>r*J™ there was ao much In ft that lior* similarity to the original corn stalk concern, that «r* felt Instinctively Ihcre was a connection be tween them, ami sure enough It lath* I" 1 ' cuts and processes of the Utter which th* Cotton Htalk Products Company areJo ***• And then when a farther Investigation was Instituted by The Tradesman tuch a dis crepancy waa found to exist t'•tween U'? statements accredited to the president of tbe new company and one o* Its roost prominent dlnu-furs. st aet forth In an arti cle found elsewhere Is our columa*, that The Tradesman, by virtu* of Its Ion* service In reporting the organisation ot inch Indnstrie* In the Booth, felt lajpelled to sound a Dote of caution regarding It. No one questions that paper can Tie n»«d* from cotton stalks, ss It cap he from oor" atnlks. and a great many other waste nets, hut when tbe attention of cotton raisers was seemingly sought f'W the new enterprise liy the statement that the dc Btrartlnn of tbe boll weevil would fol low Its operations at a certainty. IMS *»| so utterly absurd that we were surprised to find tbungbtfnl publisher* reprodoria* It. for Colton sulks are tow regularlyborn eil In the field* where grown, and till* should certainly hav* more effeettowsw destroying the. l<oll weevil than woold re sult from a mere removal of then*- . .y T !S3’ jrt&.PK ssiTiSStsagl: sutured alcohol, » per cent, obtained la the proceM would lie aide t" do In th* ®P*J* tl«n of torpedo I mala, when iketyara jj® memos other substance* that yield l*rx« returns of alcohol: ao much no, that R 1 } worse than stwnrd to tmsglur thera coaiu lie a revolution In torpedo boat RJPJ. Sion on account of the Mill MffJ[ denatured alcohol to be obtained fruM this cotton stalk conrerahm. These statements, together with othcra equally extravagant and IrvelevaaL jjem possible benefits to tbe farmers of Booth. If such experimental remits have been accomplished, lit one Is ted to laPJ from the tnn.raneemenio made, why do not these gentlemen nut their own money lam the enterprise) Vo one wilt rrMrowmo over their sarrraa than will The Trades man. Imt until the enterprise csn.he dry • •narrated posatklr ami eommsndsUy prod' able wa advise letting the stock auw