Below is the OCR text representation for this newspapers page.

THE ATLANTA GEORGIAN. RICHARD CHEATHAM ON TRIAL BEFORE S. C. A. INVESTIGATORS (“three prominent figures MIKE. O'CjR-ADK - NAMES, DATES, PLACES, TIME SPECIFIED BY ANDERSON BEFORE THE COMMITTEE Continued from Page One. committer. All I am called upon to do la to ehow that the Information I have Justifies an Investigation, end that la all I said I would do. except that I would. If they wished It, assist the committee with such sugges tions ns are In my power, and would co-operate with them. THE CHARGE AGAINST CHEATHAM STANDS PROVEN. As to the chnrge In regard to the carrying on of speculations In cotton by an officer of the Southern Cotton Association In the name of Mike O'Grady and In the name of P. A. Lee; tho officer I referred to In this chargo Is Mr. Richard Cheatham, the secretary of the association. For the purposes of this charge It la utterly Irrelevant and Immaterial whether such persons as Mike O'drndy and P. A. Lee actually existed or not, and It cuts'no figure whether Mr. Cheatham was carrying on specula tions In cotton for actual persons or for himself under assumed names. In either event. If It be true that he was doing so, the charge stands proven thnt an officer of the association was carrying on cotton speculations In those names. I lmd no doubt that an actual person of the name of Mike O’Grady, and possibly of the name of P. A. Lee could be found to exist In every city of any size. As to this particular Mike O'Grady, I understand that Mr. Cheatham has located him, and will produce him before this commit tee. As to this, 1 submit the following suggestions: (1) The production of Mr. O'Orndy to show that Mr. Cheatham was acting for him Is a dis tinct admission by Mr. Cheatham of the truth of the charge I made; that he, an officer of the association, was carrying on'a speculation In cotton In the name of Mike O'Grady. (f) When the charge was first made on the 24th Instant an Interview with Mr. Cheatham appeared In The Atlanta Constitution on the 25th Instant. At that time, and In that Interview, Mr. Cheatham denied having any knowledge of any such persons as O'Grady and Lee referred to In my charges. The reporter who took that Interview Is Mr. Edward Bruffey. He has been seen and says that the Interview Is correct, as quoted, and that Mr. Cheatham did at that time make such denial. A substantially similar Interview hod appeared In The Atlanta Journal of the 24th Instant. The Interview had been published for five days, and Mr. Cheatham had not disavowed It until the afternoon of July 80, after Mr. O'Grady had appeared on the scene. The committee might confer with Mr. Edward Ilruffcy as to this. CHECKS SIGNED “RICHARD CHEATHAM, SECRETARY." I further charged that In the Mike O'Grady transactions 1 was refer ring to the officer of this association who carried them on, signed the checks or receipts for the money In an official capacity. I state now that those - checks paid by Mr. Cheatham for the margins on tnose Mike O'Grady transactions aggregated 84,000, and were drawn on the Fourth National Bank, and jvero signed "Richard Cheatham, Secretary." I understand Mr. Continued from Page One. Leland, was present. Representative Anderson, whose address In the lower house a week ago started the Investi gation, appeared before the hour set for the hearing and chatted pleasantly with Mr. Jordan. I. M. Moore, adver tising agent of The Cotton Journal, wo among the men In the office. He end Mike O'Grady sat together by n window and both looked bored. Hoi- land Curran, who straightened, out the books of the Piedmont Brokerage Com- K ny and who Is said to know a num- r of things connected with the In stitution, appeared before the Investi gation began. He Is now connected with R. H. D. Slederburg ft Co., hew York, brokers, who have' an of fice In Atlanta. 1 He has up to this time refused to make any statement, say ing that his firm hod requested him not to talk. “Will Talk, Cheatham Permitting.” “I am supposed to be deaf and dumb," he sold to The Georgian, "but I shall talk If I secure Mr. Cheatham's permission. It Is about his business, you know," The committee organised by elect ing M. L. Johnson, of Cass Station, chairman, and W. H. Seymour, of Montgomery, Ala., secretary. The oth er members are John P. Allison, of Concord. N. C.; J. D. Smith, of Mari anna, Fis., and W. L. Peek, of Conyers, Ga. Mr. Johnson asked for the services of the association's stenographer, and Mr. Jordan agreed. „ Mr - Anderson objected, stating that it verbal testimony were to be taken the services of a regular business ste- nogrspher would be preferable. Mr. Jordan stated the causes which had led up to the appointment of the committee by him. -A Mu has Been Introduced by Mr. Boykin with a view to dose up all speculative dealing. The officers of this association become active In se curing the passage of the Boykin JolIL On July 24 ft came up In the house. It Was understood that Representative Anderson was not In favor of the bill “A whole," he said. ' Anderson Interrupted here to ex- f)“h that the proposed bill would stop Jll dealing when actual cotton was not contemplated. Anderson's Charges. "Mr. Anderson," continued Mr. Jor dan, "made tfie following statement.” He quoted Mr. Anderson's remarks •bout Mike O'Grady and P. A. Lee and the officers of the association. He also Tinted Mr. Anderson's explanation-on the following day. Chairman Johnson asked why Mr. Anderson had explained his first state- ment. it W as shown that Represents- McMullen had risen on the floor I'L'Z* Mr - And *”° n for * n — In my position as president,” said Mr. Jordan, “It Was my opinion that c.n.S .*** tnnde by .Mr. Anderson oi v ». r . an Investigation. I was the official who could call for this ,i [.appointed the committee. ... ,ac.'dsd to Increase Committee." ‘ "* c, * , *8 afterward that we should sern-Ji l V** r committee, which was bs 'i, ' } a*so wrote Mr. Anderson to ,. fteeent and give such Information mlfht tMMlAlg Iff, ur,.fo me ha would come of his own accord. In his letter he used the following language:” (Here he quoted the'letter, which sug gested that the Investigation should be conducted In a businesslike way oi otherwise It would take on the appear' ance of a whitewashing committee.) Mr. Jordan agreed with this and urged the committee to go to the bob tom. "They should find out the character of the witnesses," he said, "what bus! ness they are engaged In, their stand ing In tho city. Wants The Georgian Investigated. "I think <Jmt whereas The Atlanta Georgian'has Issued entire editorial pages of tirade against the officers of the association, they should call mem. bers of the Atlanta Credit Men's As sociation and find out what Inspired the attacks of that paper, and whether It Is not the only paper In the state which has taken that position. I want the committee to go to the bottom and find out all these things. At the same time, I want the association^protected, Anderson Takes the Floor, Mr, Anderson then took up the In vestigation. He stated that there was no personal feeling. i do not feel that the association Is on trial,” he said, “and I do not think that the charges. If proven, against the officers, will reflect on the asso. elation other than to have tho offend ing officers removed. This trouble dates from the session of 1805. The Boykin bill went so far as to prohibit hedging contracts, which are a neces sity In the coton business. I drafted a substitute bill when I found It hope less to have them adopt a more con servative measure. The bill I offered went even further In stopping gambling contracts and defined bucket shops as different from legitimate exchanges “Under the rules of the house de bate was limited, and during the re marks I made were certain statements, which appear In full In The Constitu tion of July 25. Previous to this I had conferred with a friend who Is a merti- ber of the cotton association, who agreed with me that these things should be brought out In the Inter ests of the cotton association.” He then read an extract from his speech In the house. Johnson Wanted Names. Chairman Johnson asked If he would furnish the'names of the men who furnished his Inforamtlon, Mr. Ander son replied that he was coming to that. ••That night," said Mr. Anderson, "I talked over the matter with Mr. Mc Mullen, Who stated that on the next day he would give me an opportunity to show that I did not refer or Intend an injustice to Mr. Jordan. He did so, but failed to observe that I was at that time absent. I came In later and show ed the written statement I had pre pared, which was satisfactory to him." Mr. Anderson then read his state ment, as previously published, explain ing that he had been cut short In his remarks on the previous day and bad not been able to continue, thus gfvftog an Impression that his remarks re ferred to Harvle Jordan. Wsnted to Question O’Grady. "I understand that Mr. Mike O'Grady Is here to make a statement,” said Mr. talk until he has permission from Cheatham and Mr. OOrady. I should think that If Mr. Cheatham and Mr. O'Orady wish this matter Investi gated they will ask Mr. Fagan to tes tify. If .they do not. It Is In their pow er to block this whole Investigation. I want Mr. O’Grady to understand that am asking him questions solely with view to bringing out the facts re garding the sold cotton deals and not In any personal spirit.” The committee suggested that Mr. Anderson put his witnesses on the stand In regular order. Mr. Anderson then submitted three letters and asked that Mr. Cheatham sign the letters. "All the Evidence You Want." If this Is done you will have all the evidence you want,” he said. The letters were addressed to cer tain brokers asking that the committee be furnished with all Information de sired. He asked that Mr. Cheatham sign these letters. Mr. Jordan Insisted that Hr. Ander son furnish the names of all hls wit nesses. Mr. Anderson said they would all be named If Mr. Jordan would have patience. might possess. He wrote me be Andinoo, IX be U bere I should lute were willing; to sign the letters end to ask him a few questions.” “I shall answer any question you may ask,” said Mr. O'Grady, "provided I may ask you a few.” Members of the committee objected to questioning at this Juncture, saying that other evidence should be com pleted first. A conference among the members followed. "Make Charges More Definite.” Chairman Johnson asked Mr. Ander son to make h|p charges more definite and give the names of parties the charges were against. Mr. Anderson agreed. He then read hls letter to Harvle Jordan In which he accepted the Invitation to' appear before the committee. Mr. Seymour asked If Mr. Anderson would make hls charges. He said that this would be no whitewashing com mittee. “It Is our purpose to go right to the bottom," he said, "we want your as sistance In every way.” "I Will Provide WitneiMl." Mr. Anderson said he would provide witnesses to substantiate hls remarks. Chairman Johnson suggested that the witnesses take oath before a JuS' ties. . • Mr. Anderson said the committee could not force anyone to take oath. "I have prepared a written state ment," said Mr. Anderson, "but I want to ask some questions first” "I Referred to Richard Chesthsm. "I will state that the person I ferred to as dealing under the names of O'Grady and Lee was Richard Cheatham. The person-I referred to as being Interested In a bucket shop was Arthur A. Fairchild. "I have no personal knowledge of my own about these matters,” said Mr. An derson. "I have refused to make any public statement regarding my knowl edge. There has been no statement that GIL..: ft C!?r a*" any connection with these deals until Mr. O’Grady qiode a statement on Monday. Mr. Fa- Cheatham courts Investigation and will ebneeal nothing from this commit tee. That being so, hls check book nnd canceled checks of that time ought to disclose these facts. If they fall to do so, 1 can show the committee whero to obtain that evidence elsewhere. I specify further that Mr. Cheatham personally opened the Mike O'Grady account with the brokers, and that In tho various deals Included In that account all the orders were given by Mr. Cheatham personalty, and that the brokers never saw Mike O'Grady and never held any com munication with him In these transactions, cither verbally er by letter, and that all the reports, confirmations, etc., while addressed to Mike O’Grady, were sent to Mr. Cheatham by hls Instructions. I specify further that when the Mike O'Grady account was closed, the amount drawn down was re ceipted for by Mr. Cheatham by simply filling out nnd signing O'Grady'* name, without any "per" or other sign that Mr. Cheatham was acting as agent for any one. I specify further that the amount so paid to Mr. Cheatham \ty the brokers to close this Mike O'Grady account was at Mr. Cheatham's re quest paid over to him In the shape of two checks on New York, Issued by the Fourth National Bank of Atlanta on March 31, 1808. One of these checks for more than three-.fourths of the total nmount, to.wit: 32,730.88, was made payable to Richard Cheatham Individually and was deposited by him In the Bank of Commerce and Trust Co., of Memphis, Tenn. The other, and smaller New York check for 3888.02, was made payable to S. B. Bedford, and first appeared in a bank os a deposit to the credit of G. M. Urquhart In the First National Bank of Green ville, Miss. That bank sent It direct to New York to be cashed. CHEATHAM INDORSED P. A. LEE CHECK. I specify further that the F. A. Lee account was closed by check No. 888 drawn on the Maddox-Rucker Banking Company for 3115. That check was made payable to the order of P. A. Lee and was handed to Mr. Cheatham In that shape. That check Is Indorsed P. A. Lee and next fol lows the Indorsement "Richard Cheatham." That check was cashed by or paid to the Piedmont Hotel and was deposited by that hotel to its credit In the Third National Bank of Atlanta, Qa. The proof of all these facts and all the details of the Mike O'Grady and P. A. Lee accounts, as well as an Inspection of all the papers, checks, etc., can be had by the committee from the brokerage house who handled these accounts and from the banks which handled the checks, etc.. If Mr. Cheatham will give the usual order and consent from himself and from Messrs. Mike O'Grady and P. A. Lee to their doing so. (3) Ah to my other chnrge that some official In the Southern Cotton Association office was connected wltn the bucket shop called the Piedmont Brokerage Co. nnd held one-eighth of Its stock. The person 1 referred to in this charge was Mr. Arthur A. Fairchild. FAIRCHILD WAS MANAGER OF PUBLICITY. I take It to be self evident that when a mnn Is not only paid a salary but Is Invested with an official title, and particularly the Important title of “Manager," thnt that man Is an official or ofllcer of some kind. Tho Atlanta directory for 1806, page 687, shows that Mr. Fairchild Is an of ficial of this association with the title of "Manager Publicity Bureau Southern Cotton Association." Mr. Fairchild has admitted that the charge Is true and that he did hold one-elghth of the stock of the Piedmont Brokerage Co. He says that he bought It early last spring and subsequently disposed of IL I find that the concern was Incorporated In Montgomery, Ala., on May II, 1806. From the statements of various persons In the.public prints It ap pears that Mr. Fairchild has disposed of that stock very recently. I am not responsible for the varioug statements made by different persons as to the history and character of the ownership of this stock. Their names have been published. It Is for fbl* committee to say whether they will Investigate fui tlier Into this branch of the matter, the charge Itself being now admitted to be true. It the committee desires to Investigate further Into this I am ready to submit suggestions for doing so. I hand the committee a memorandum statement of the transactions covered by the I*. A. Lee and Mike O’Grady accounts that I am referring ,o. J. RANDOLPH ANDERSON. BE SURE TO SEE Thursday Afternoon’s NEWSPAPERS For Announcements of a Great FRIDAY AND SATURDAY BAR GAIN SALE -AT- BASS others Involved were not, would It not place Cheatham In a peculiar position? "We have no record that Mr. O'Grady or Mr. Lee, whoever Lee Is,” said Mr. Beymour, "would be.willing to bring out these transactions." Mr. Anderson states that some of the Information was In the possession of a New Orleans house. It would be furnished on authority from Mr. Cheatham. In response to a question Mr. Ander son remarked that as Mr. Cheatham had had authority to sign O'Drady’s name to trades he would probably have authority to sign O'Orady tp the let ters requesting Information from the brokers as to how the trades were finally closed out. Didn't Want Chesthsm to 8ign. Continuous opposition to asking Mr. Cheatham to sign the letters was shown by Mr. Seymour and ths others of ths committee. Mr. Cheatham said that he was not prepared with a lawyer. Hls official record was open to the committee. He asked to be placed In a position simply to affirm or,deny any charges, brought against him. Mike O'Orady nrked leave to talk. He sold that he had been In a peculiar position, being referred to as a person who did not exist. He ssld that he had been an acquaintance of. the Hon. John Temple Graves for some time. He accused Mr. Anderson of bringing him In the foreground In a way he con sidered neither manly nor fAlr. He was called down by the committee. Mr. Anderson then read hls state ment.'which appears on the first page of The Georgian. Chesthsm Osts Mad. During the reading of the charges Mr. Cheatham sprang to hls feet and protested against the statement that he had made misstatements. Mr. An derson denied any offensive Intention. Mr. Cheatham asked If Mr. Anderson had come to begin a personal alterca tion. During the reading of hls charges Mr. Anderson stopped to say that he wished to ask Mr. Cheatham If the transactions mentioned In hls charges were those which Mr. Cheatham had admitted'carrying on were the same. He said that Mr. Cheatham had stated that they amounted to 33,000. while ths transactions mentioned In the chargee Involved 34.000. He said also that there was no evidence that the checks paid by the brokerage houses to Mr. Cheatham aver reached Mr. O’Grady. He stated that these checks were now In the Fourth National Bank and that Charles Lively could testify to Chesthafn’s signing O'Orady’s name to checks. “He Had Full Authority.” Mr. O'Grady Interrupted to say that Cheatham was given bis full authority to sign hls name. Mr. Beymour asked If there was any connection between the Piedmont Brokerage Company and Glbert ft Clay. "None whatever,” said Mr. Anderson. "Glbert ft Clay are a legitimate ex change. The Piedmont Brokerage Company Is a bucket shop. They are antagonistic to each other. "I have seen In the papers state ments from Dr. Crawford, Barry Coth ran and Mr. Love,” said Mr. Anderson. "If the committee wishes they can call for these men. "I also submit this statement of the P. A. Lee account,” continued Mr. An derson, "and It might be well to com ment on It. This account Included only 200 bales." Mr. Seymour suggested that no more charges be read, but submitted to the committee. Mr. O’Grady then submlt- manuscrlpt which he asked the committee to examine later. Mr. Andereon continued hls test! mony. He said: The P. A. Lee Transactions. 'On the 5th of March Mr. Cheatham deposited 3200 as margins. He bought or ordered bought In the name of p. A, Lee 100 bales of July. The deal lost 8140. Later he bought 100 July In New York. This was sold at a profit of 360. This left a balance of 3115, which was drawn to the order of P. A. Lee and given to Mr. Cheatham. It la now In the hands of Glbert * Clay In New Or leans, who will exhlb £ V. on demand. "The Mike O'Orady account was open ed February 18, when Mr. Cheatham ordered and bought 100 bales May cot ton. "Richard Chesthsm, Secretary.' "He made a deposit by a check on the Fourth Nations! Bank for 81,000 drawn In the name of Richard Cheatham, sec retary, hls account In the bank being In that form." Mr. Anderson mentioned various trades In the name of O'Orady show ing that an additional margin of 81,000 was ----- -- - ard < and Tho Constitution had all published editorials along this line, though Mr. Jordan had answered only The Georg ian. in which he attacked viciously the New York cotton exchange. Mr, W. R. Fagan, a former member of the New York exchange, had stated afterward that Mr. Jordan hed better investigate his own office; there were men there speculating In the name of Mike O’Grady and P, A. Lee. Mr. Cheatham asked here If Mr. An derson's first Information had come from Mr. Fagan. Mr. Anderson re plied In the affirmative. “I Just wanted to draw that ouL" said Mr. Cheatham. “Where Did You Get CheokeT” "How did you get at those checks, Mr. Anderson?” naked J. D. Smith, of the committee. "I obtained them through Mr, Fagan, who obtained them from the bank,” said Mr. Anderson. An effort wns then rtiade to learn the name of the bank official who gave out the Information. This was not brought out. Mr. Anderson, In reply to a question, stated that practically all hls Inform ation had been obtained from Mr. Fa- gnn, manager of Glbert ft Clrjf, brok ers. Secretary of What? Chairman Johnson asked If • the checks signed Richard Cheatham, sec retary, showed what he was secretary f. Mr. Anderson said they did not. Hr. Smith asked If It was Intimated that Mr. Cheatham had used the funds of the association In carrying on pri vate transactions. Mr. Anderson de nied any such Insinuations, saying he supposed tho funds of tho association wero placed In some form from which they could not bo checked by onq mnn Mr. Jordan and Mr. Cheatham con ferred together for several minute* "All With My Money,”* 8ays O’Grady. Mr. O'Orady said that alt the trades were made with hls money, that Mr. Cheatham did It as a personal favor that Mr. Cheatham had told him In Chattanooga that the wrk ,,r ti,.- soclatlon would lead to higher cotton. Naturally he (O'Grady) had desired to make some money nnd had persuaded Cheatham to place this for him In At lento. Mr. O'Grady desired to leave a signed statement with the committee and re turn to hls bunlnon* In Chattanooga. Not O'Gredy’e Secretary. "Of what was llr. Cheatham secre tary?" asked the committee. "Did he belong to your company nnd was he secretary of your partnership?" "No, he was noL" said Mr. O'Orady. "Your only connection with theea trades was to furnish the money 7” ask ed Mr. Anderson. •That Is true,” said Mr. O'Orady. Mr. Chea|hom acted on hls Judgment Judgment and I regret to say thnt hls ■ was very poor," eald O'Grady. "If he had any Inside Information he did not use It to the adtltlm SC IMS MEM "Cheatham Returned Only 82.000." "I gave Cheatham 84,000 In two pay ments of 32,000 each," snld O'Grady, 'He has returned but 32,000 of that the dates In hls possession from those given by O’Gt differed O'Grady to the papers. "The Journal Was In Error." Mr. O'Grady stated that the papers were In error and Mr. Anderson's dates were correct. Mr. Anderson showed that all the deals caused a loss at the end, leaving a balance of 32,730.88, which was paid In a check pajfible to Richard Cheatham, and 3*88.03 paid In a check to J. M. Bedford, afterward en dorsed by a Mr. Urquhart, and sent through a Mississippi bank to New York. The Georgian Was Not Alone. Mr. Anderson said that Mr. Jordan was wrong In saying that The Georgian was the only paper which defferentl- ated between bucket shops and ex changes, as The News, The Journal Mr. Cheatham had urged him not to go Into cotton speculation, but had Anally consented to place some money for him In Atlanta. "I have known Mr. Cheatham pos slbly four or five years. I had no busi ness dealings of this nature with him before." "Did Mr. Cheatham tell you that he was In a position V° make profits r' asked Mr. Beymour. - "He did not,” said Mr. O'Grqfly. "Did he get any commission from you or anyone?" "Not a penny,” said Mr. O'Grady. He explained that he asked htr. Cheatham to handle the trades because he did not care to have hls speculation known In Chattanooga. "How Did Chesthsm Know?" Representative McMullen, a member of The association, asked leave to ask a question. He wanted to know why O'Orady seemed to think Cheatham knew how the market would go. No definite answer was given. "I am not acquainted with P. A. Lee,” said MrTo'Orady. "I know noth- " him." Anderson then read COrndy's letter to Cheatham, saying: "Your tel egram leads me to think there ts some thing doing In cotton.” He asked what was In the telegram. "I think he said there would be a bull (movement) In cotton,” said Mr. O’Orady. "Who Is this 'Rosy* to whom you re fer?" “Who is This Roseyr Mr. O'Grady refused to state publicly though he offered to give the commit tee privately the name of “Rosy.” Chairman Johnson asked If Mr. Cheatham bad not used the money furnished him as though It were hi* own, placing It with hls own In ths bank and checking It out In hls own name. Mr. O'Grady said this was true. Mr. O'Grady said hls total loss was 8210 through hls deals with Mr. Cheat ham. Ha had recently received a pay ment from Mr. Cheatham on acrount- Mr. O’Grady stated that he still had some cotton ffiesJs pending, but not with Mr. Cheatham. “Is Cheatham 8tHI Holding 32,000?" I Mr. Anderson asked If hls deals with Mr. Cheatham were over, why was Mr. Cheatham still holding 82,000 of O'Grady's money. Mr. O'Grmly said that Cheatham would pay this at the proper time. Ills drain were dosed with Mr. Cheatham. No speculative deals were pending. "The last Investment made for me by Mr. Cheatham was In the Inst thirty days,” said O'Grady. ".Mr. Cheatham and I have not straightened out our llnanclal accounts. Advice Within Last 30 Days. "Mr. Cheatham gave me some advice In a deal within the last thirty days, but the lost trado he made for mo wan In March.” Kir. O’Grady then asked Kir. Ander son a few questions. Ts your seal in this mnttor In the Interest of the Cotton Association or because you wish to block legislation for tho Boykin bill?" Mr. Anderson replied that he had made hls remarks previous to tho passage of the bill. This had stirred up the Investigation nnd he had come In response to an Invitation. Mr. Chestham v s Statement, Mr. Cheatham then gave the follow ing statement to the committee: "To the Committee: I dy not at the present tlpie, nor have I ever directly or Indirectly, In any manner, owned any part of, or any Interest In a buck et shop or wire gambling house. "I have never speculated In cotton futures for my own personal gain. 'As you well know, all funds be longing to the Southern Cottton Asso ciation are held by Mr. F, 11. Hyatt, treasurer, of Columbln, S.* C„ and n<» part of them can be drawn or used xcept through tho medium of an of ficial voucher with seal placed there on, nntl signed by th** president of the association, together with the signs - tiii** *>f tin- Miiet.'iry. This form Is the only one that can bo used of ficially. “It Is also well known that neither the Southern Cotton Association nor Its ofllcers have ever hod any Informa tion regarding the cotton crop that could have been used by Its officers In am manner wh.uti-ver t«. advance the financial interest of themselves or their friends, na no report that htta over been Issued Influenced tins spec ulative price of cotton us much as two points. “I have, at tho request resident friends of mine, p future transactions, which has been spoken of Mr. O'Orady Is answered self. The other which wi the nnino of P. A. Lee, ’ transaction nnd the money In my hands by this party to make the trans reveal tho Identity will say that In >f two non- ared orders The one is being for ’or by hlm- s placed In as not my was placed with which I will not if this person, but transaction was I Interested personally, or to any extent whatever. 'The Southern Cotton Association hns placed Itself on record a number of times as being opposed to the sys- . tern of cotton future gambling which now In existence, nnd I have al ways felt thnt the abolishment of the system In the South would be of great benefit to the producers of cotton. I personally will always tight to tho best of my ability for the entire Abolition of tho system as is carried on today In tho cotton states. ‘I welcome any Investigation of my official acts In connection with tho Southern Cotton Association, but t claim that I have rights os n private cjilxen, under tho Jaws of tho state, and fssl that my ,t< t* a-> such should be charged against me personally and not against the Southern Cotton As sociation." Adjournment was taken at 1 o’clock for luncheon, the mvestlgatlon to be gin again at 2:30 o'clock. GEORGIA MARBLE EOR NEW POSTOEEICE None of the nfflrlnls service In Atlnnt Supervising Arcl Intended visit tl into the matter building to be ei The first I I published In Tin snld Postmaster Ing. The article on n telegram re architect by Co state?! thnt he « l’4>*tmn*tcr ltl<r would be consulted In the poatottlce df'pa re space t‘ nt of ths to In* nnilerntood S it the various h Hr 4lepnrtmentn IldlBg so as to sired apace, ••I think nnd f. building should hi material.’* -dd Mr ter* of that Wind F th- supervising lie HMld tieorglK gfvt reiiMoim the government any advice from Taylor of hls 4 TRY A WANT AD IN THE GEORGIAN