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TIIE ATLANTA GEORGIAN. 7 r $1.00 c rts an account with a LITTLE HOME BANK and book or with the Sck only to the SAVINGS DEPARTMENT OF the NEAL BANK AN ° 0N '' HALF p ' R c,nt ' " »■ W"™: c Pf CALDWELL. A..., C ““’" WA YS OF MR. JORDAN NOT UNDERSTOOD BY THE FARMERS’ UNION Organization is 44,000 Strong in Georgia, And Its National President Talks of the Southern Cotton Association and Officials. SC H OOLOJ\NDJ-9ii!iS£2i. SCH00L8 AND COLLEGES. South’s Ideal College-Preparatory Home School Georgia Military Academy College Park (suburb of Atlanta), Ga. **■ ““ s of age. The paaioo*.jTi f U iw development, « ***. l«mT,rlr—— llh "iM »■'! »"V ■'“"■ill. t ,„ch<T i» » every ™portunitrl* 1° t ha full limit of attendance Is reached every yew. s«gfisajas55StNiafiasEii ,ndeocWtoo*- modern reading room, wholesome athletics drill*, tbonogh preparation for any college or the sfisisps ‘FgytobSffim-ttr tnlslw. imi'ic. WASHINGTON SEMINARY North Avenue and Peachtree Street. ATLANTA. For Girls and Young Ladies. Boarding Department strictly limited to provide refined home life. .Classes divided into sections averaging about ten students to secure personal instruction. Faculty of eighteen college graduates. Primary, academic, college nrsnaratory. music, art and elocution. Certificate admits to Vassar, Wellesley, Etc. 28th Year begins September 13. 1906. Catalogue on application to Phone 647, J North. L. D. SCOTT, EMMA B. SCOTT, Principals. h Hon. It. P. Duckworth, national president of the Partners' Educational and Co-opera tive Union of America, which has a inem- Iwrshlp of 44,000 farmers In Georgia, was nsked Wednesday by a Georgian reporter If he had read the reflections, against the of ficials of the Houthern Cotton Association, |und what be thought of them. President Duckworth wild: “I am not surprised.’ You aee, anybody | can l>elong to the cotton association. It allows cotton dealers to take part In the workings of the association, and, of course, they will look after their own In- ] tereats." •What do yon think of The Atlanta Georgian's charges that Ilarvle Jordan and his counsel bad caused the Southern farm- ] ers to lose thousands of dollars?" *T think It Is true. Cotton- would never have gone below 11 cents, the minimum price set by the farmers' union, if Mh Jordan had not filled the papers full of his cry for IS cents cotton. Ills articles were written In such a way aa to cause the spin ners of Liverpool to believe that the farm ers of the South had gone wild." "Didn't the farmers' union Indorse Mr. | Jordan's more?" "No, no, no. The farmers' union has [ never followed Mr. Jordan. He has fol lowed us all the time, until ho weut wild l and declared for 16-ceut cotton, and that la the time be got left." "What do you mean by hla following the fanners' union?" "I meat that the aseoclatlon twice adopt ed the price set by the formers' unlou, and won; but when It undertook to lead, thn farmers suffered for Its blunder." "To what two times do yon refer?’ 1 i! WnA Tim.* when Uit termers' union set the minimum price In 1904. The country ' -li'T.s f h r. MU'!,' •■! f ttw I • ■. i * ■ ' 17, 1904. nn«l ratified the minimum price named by the Texas officials. In Jsnnnry. 1906, the Southern Cotton Association wus born, and at Its birth Indorsed the price we had sot. The second time was wheu the farmers' union offdals. In August, 1106, set the minimum price for the season of 1906-2906 at 11 'cents. The cotton association met In September and Indorsed the price of 11 ceuta. "Mr. Jordan tried to get the farmers' union to reduce the price set below 11 ccuts, and we refused. Then he tried to get us to put up the price abore cents, and we refused. We never have been able to nmlcratand Ilarvle Jordan's mo tives In these strange propositions. "The time la not fnr distant when the farmers will quit listening to politicians and speculators In matters of this klnd.'j "What do you mean?" "Please, don't nsk me any more ques tions, as I will say no more for publication at this time." GIRL'S ASSAILANT SAVED FROM MOB TrinI and Execution in Ken tueky Consume Fifty Minutes. UNIVERSITY SCHOOL FOR BOYS, STONE MO UNTAIN, GA. • A home oehool limited to seventy boyi with eight experienced teach er, The largest and best equipped school gymnasium In Georgia, with a competent physical director. Opens September 12. Write for catalogue. W. B. GRIFFIN, Principal, Stone Mountain, Ga. CHAS. D. FREEMAN TO HARVIE JORDAN ON COTTON DEALINGS TH£ ALABAMA BREN AU _ BUVAULA, ALABAMA. - ' ' ■ high grade College-Conservatory, for young**die.- Thorough coarse In llte- nrv idccIsI advantages in music, art, oratory. Orchestra of 16 Instruments. Beautiful new Ridings» tojftjl upona innsnlflcent elevation. Ideal winter ell- mate, »pl*ndld health record. Ala. Bra* Chautauqua takes place of usual vuH..nencement. Specially low prices. Write for Illustrated catalogue. ✓—*—ATLANTA^ CmmeAaawt l-« W.1TSHA.L SW Thorough course, of Bookkeeping and Shorthand at greatly reduced rates. Good positions secured or money re funded! Ask our hundreds of gradu ates and th.ir employers about us. Clip this ad, send to us, and receive large illustrated catalogue. MEET TO DISCUSS THE POSTAGE RATE II. K. ilnrmnn, of Atlanta, Is sending at a call fur a meeting of the Southern trade Press Association, to be held In this city on August 17 and 16. Th»* principal matter to be discussed at this meeting will be the recent act of con In appointing a committee to look tint question of raising the postage ..... on second-class matter In order to make up to some extent the annual de ficiency in the postofflco department. Th« meeting will be under the auspices of the Houthern Trade Press Assoclatlpn. lilt at tendance will be welcomed from all classes of periodicals, and It Is thought representa tives of every newspaper organization In the .South will be on hand. air. Harman expects to see between three hundred and five hundred representatives present. PENNSY RAILROAD REDUCES TICKETS TAGGART SIDESTEPS PARTY CONVENTION The subjoined letter was recently ad dressed to.Ilarvle Jordan, preald.nt of the Southern Cotton Association, by Charted D. Freeman, of Charted D. Freeman ft Company, NeW York. Mr. Freeman Is ona of the best known brokers In New York, and his firm has branches In New Orleans, Savannah and Liverpool. He Is an authority on the cptton market, much In the same light that Henry Clews Is an author ity cn things financial. Mr. Freeman's letter to Mr- Jordan Is an Interesting ono, dealing with the question of buck et shops and exchanges and strongly defending the legitimate exchange. The letter follows. Dealing in Cotton Contract,. the convention. Ho took the hint. By Titrate Leaied Wire. New York, Aug. 1.—The Pennsylvania Rallrand Company will put on nale Septom- t*r 1 1,non-mile tickets for S90. They will bo valid 00 011 linen en.t of Titubnrg nnd {•tie nud will Im tranafrratile. One way fore, in the name territory will h« reduced to :h cent, a mile. This 1, s cut of 1 cent n mile. 8AL00NIST FINED $5CO FOR KEEPING OPEN SUNDAY. Bpeelnl to The Georgian. Savannah, On., August 1.—In the city court yesterday Judge Norwood Im- Po«e<! a tine of 8600 and coats on Pero Alamaros, convicted of keeping hla Mloon open on Sunday. Judge Nor wood stated that he was determined to break up the practice of keeping bars open on Sunday. WOODMEN OF WORLD ORGANIZE A CAMP. Spwdsl to The Georgian. Bowman, Ga.. August I.—Bunyon Cheek, who has been here for about a »*ck, has been very successful In or- SfSW * camp of the Woodmen of the World at this place. About 26 will « taken In tonight as charter mem- ini*' , nn ' 1 "’oodmen of high standing .in P r **ent from Eiberton, Hart- tlon an “ Canon t0 assist tn the inltla- By Prlrate Leased Wire. Indianapolis, Ind., Aug. L—Tom Tag gart will not attend the first district I To Mr. Harvle Jordan, President of Democratic congressional convention at the.Southern Cotton Association, and Petersburg today os he had announced ^J| tor of The CoMon Journal, Atlnntu he would. It had boen stated that Tag- S | r: M y attention has Just been gart would make a speech at the con- called to an article prepared by you ventlon. _, , for the Atlanta Credit Men's Associa- After the raid on the French Lick tlon, and published In a recent issue of Casino, the arrest of gamblers there The Atlanta Journal. I have read It and the confiscation of their parapher- with some care. nalla. It was thought by the leaders of As I am a member of tho New York the first district that It would be bet- Cotton exchange and of the New Or- ter for Taggart If ho did not appear at | leans cotton exchange, and through my ‘ * own firm and that of my associates, Messrs. Glbert ft Clay, of New Or COURT FINES NEGRO |i«« FOR INCENDIARY TALK, (contracts, I believe I may be pardoned ... — ~—~— I for construing your nttack upon the Special to The Georgian. I New York cotton exchange ns a per- Ohattanooga, Tenn., Aug. 1 Dooley sonal one, and also ns an afTront to Jackson, a negro, has been fined 660 every Southern customer of ours who and costs by the city court on a charge contracts for cotton through these ex. _ I changes. cernlng the white race are said to have 0 ( your 'nrTicie 'was to’ forward’ ' the been made soon after the death of I passage of a bill now pending Ip the John Parker, a negro who was fatally I Georgia legislature, to prevent deallnf shot by Patrolman Clark. , In cotton contracts In the state q; 1 Georgia I say I have read your arti cle with care, but I confess 1 have Inorease in Population. tailed to find one sound, logical argu. Special to Ths Georgian. ment In support of your contention. Chattanooga, Tenn., Aug. 1.-—Accord- |You Indulge In vituperation and wair Phone 406 or Drop a Postal to THE TRIPOD PAINT CO., 37 N. Pryor 8t., and a ItetvTfum A RTI ST Handsome Brass Pieces We are displaying a magnificent collection of brass wares just now. A few are shown in our window. 55*: c z v ^ ¥ ma ha. b a y i p ifr n s psrssss %ssssrs^s Phillips, tho city has a population of I inqulty," and a "clearing house of cor- 62,000 and that there are 15,000 chll- ruption," and you make various bare- dren of school age In the city. This faced statements which would be un is a gain of about 2,000 children of I worthy of notice If It were not for the school age and a gain of’ about 13,000 official position you hold as president of the Southern Cotton Association, and as editor of a journal which you are attempting to make ths recognised organ of that association. It Is plain enough to any reader of your article that you not only condemn and would destroy "bucket shops" and "local exchanges,” but also the New York "den of Iniquity" and every other cotton exchange In the United States, for you state that the Southern Cot ton Association, In all Its stats, and national conventions, has passed strong resolutions demanding ths enactmsnt of laws by all Southsrn states prevent ing speculation In cotton contracts through any sourcs. Has It ever occurred to you that If you and your association could ac, compllsh such legislation— That, you would destroy the power ful competition that has been built up under the contract system— That, the number of buyers would be less, and ths price consequently lower— That, buyers In control of large amount! of capital could at opportune tlmee secure better bargains than I tract business could be transferred tn Liverpool, Havre and other foreign markets, tht of foreign ti . That, the fluctuation In prices would bewnore unsteady and violent? If you doubt .that such would be the result, I would refer you to the testi mony of numerous cotton merchants and spinners glvtn to the United States senate committee on i and reported to the senate ary, 1815. I especially recommend this report to you because It would en lighten you upon some matters re Ing which you seem to be dense! norant. For Instance, you say: "No spinner would think for a mo ment of executing a purchase of a con tract for cotton to be delivered at a future date through the New York cotton exchange with the expectation of getting what he bought.” In a letter to the senate committee, Mr. Elliot C. Clarke, treasurer cf the Boon Cotton Mills, makes this state ment: "It is not unusual 'that Urge Will bring you a sampla-cerd and glvs you an estimate on Tinting your walls with DECO-MURA, the now ssnitsry Wall Finish. e Des k appointments, Jardinieres, Wood-Boxes, Coal ™^ for clJ; e .rii D ^* tu ?o 0f ttt Scuttles, Urns, Smoking Seets and the like. Substantial month^d.iivem.^r. ^j^ring would be Impossible tb procure promptly sufficient cotton to All these ... A nmKrrr r contracts at the time they are lakro. AAA Fill? Mr Hr HK MLL.h* »r means of the entsugn the tton CY ULriUYLiLiLi lean be obtained wljen neeiled, and the* artistic. price of It determined at the time It Is made. I frequently have had occasion to buy.cotton In this way from rei slble Arms”—and he names three York Arms with whom he made con tracts other spinners make similar statements. But what Mr. Hi ward Stockton, treasurer of the Merrimack Manufac turing Company, wrote to the commit tee Is especially worth your consider:, tlon: "My opinion,” ne said, "Is that the system of selling cotton f r future delivery It. a great convonionce to man- facturera. It enables them to contract ahead for their goods and to secure raw material for making the same at certain deAnlte price. It tends to pre vent extreme Auctuatlona In price which existed before the exchanges were started. With those manufac turers who have a large .quick capital, the beat way to buy their, cotton la to wait until It comes In freely tn larger quantities than a legitimate demand for spinning will nbaorb. Without tho fu ture system cotton used to crowd In/, the market, and the planter or factor would be compelled to accept the best price he could get. which was of grea service to those manufacturers with i large capital, aa they could take ad vantage at the pressure and buy at ox- tremely and abnormally low prices. This chance has been taken awrfy from them by the system of futures, and en ables the factors and planters to dis pose of their surplus at such a time through the medium of the cotton ex changes, and enables them In this way tO hanUapa anH nthara tn aappv It " Edmund Dwight, treasurer ofjthe Stark Mills, expressed to the commit tee this opinion. "If the planter wishes to prohibit the system of buy ing and selling futures. I think the manufacturers should let him have his wish. Ths effect would be to cause a large accumulation of cotton at the re ceiving points, at. certain seasons, which, being held for actual cash of buyera than Aow exist. There would be times when the load would be greater than the factors could car ry, and a buyer with ready money could buy to great advantage. If fu tures were abolished the number of buy ers would be less, and the average price lower." have quoted at length from this testimony taken In 1616, because It ap plies with just aa much force to present conditions as It did ten or twelve years ago. Of course you will not deny the fact that extreme Auctuatlona In prices are harmful to both the producer and con sumer, and In this connection I Invito rour attention to a bulletin published >y the United States department of agriculture, entitled "Production and Price of Cotton for One Hundred Years.” On page 20 a series of tables Is presented, showing the range of prices of middling cotton In New York ■tnce the year 1821. These tables show that prior to the establishment of the cotton exchanges In this country the Auctuatlona In tne price of cotton were far more extreme and violent than they have been since the Inaugu ration of the contract system. The department's bulletin makes the fol lowing deduction from a comparison of fully l few here who By Private Leased Wire. Msyfleld, Ky., Aug. 1.—Although 10,000 persons were on the scene, only s hundred witnessed the legal hanging last night of the negro.Allen Mnthls, criminally aaaanlted Mlaa Ethel McClain laat Wedneaday erenlng. Within fifty mtnutea from the time Jury waa aworn. the negro hnd been tried, found guilty, sentenced, hanged and pro. nminced dead. The execution took place at I o'clock the yaAl of the Jail. Almost the entire fence erdnud the seafTold was torn down the crowd which desired to witness hanging. It was about S.W o'clock yesterday even, lug when the negro waa brought here from BBSn local mill Joeal military met the train nnd the negro waa marched to the court house. Severn! attempts were made to setae the negro, and he was twice In the posaeaalan of the mob. The soldiers surrounded the negro and a numlier of membera of the Hopkinsville company were compelled to draw their gn'na and threaten to use them unleaa the mob fell back. The negro would have met hla death by lyncblng. tint the rrowd decided to let the law Inflict the puulihment after It proceeded that far. YOUR EYE GLASSES Are an Import Ant factor In your op pearance. The Integral Kryptok Invls ible bifocals are dressy nnd rent eye comforts. Far anil near vision In one glass. Made exclusively by John L. Moore ft Sons, In Georgia, 42 North Broad street. Prudential building. TRY A WANT AD IN THE GEORGIAN the range of prices since 1821: "Lenv Ing out the war period, and those years when the crop or the United States had not reached a supply equal to that Just >recedlng the war (say from 1866 to 1878), there appears to have been gradual diminution in the range irices, the Auctuatlona balng less dur ng the decade 1881-1810 than at any other period, that since 1890 being slightly In excess because of a contin ued movement In the price (occasioned by the enormously Increased crops) which had not before existed." The only exception that can be made to this statement Is the violent fluctuations In 1008, when there was an extraordinary demand for cotton, occasioned by the very small crop produced. You make the statement that last rear the South produced 10,500,000 >ales of cotton, while the records of the big ekehanges will show dealings In nearly 600,000,000 bales In the past twelve months; that If avery transac tion had been a bona fide one It would have required the delivery of fully 250,000,000 bales of cotton; that tho legitimate laws of supply and demand are not recognised, etc. These statements are merely pre sumptuous. A contract for future de livery Is something like n check or bank note. A check for 8100 may be Indorsed to a number of persons and bank. A 6100 bank note may during SHIRTS WELL LAUNDERED are indeed a luxury—also a necessity such weather as this. But the life of the shirt must be considered. We do high-class work with out injuring the clothes. Try Us and See xcelsior Steam Laundiy 40 42 WALL ST. TELEPHONE 41. Indebtedness. And so a contract for 100 bales of cotton may be sold several times during the day, or fifty times be fore It expires, snd every time It Is sold It Is recorded as a transaction In 100 bales of cotton. If It should be eold fifty times before the expiration of the contract or the day of delivery, this would not mean that 6,000 bales had been sold, but only 100 bales trane ferred fifty times. As to ths exchanges manipulating prices In disregard of the laws of sup ply and demand, the assertion la too ridiculous for serious consideration. There Is perhaps no class of business men In the world who study so care fully thsse economic taws. Slnoe the organisation of the exchanges they have had better facilities than any other class of business men for secer- In and the demand for It, for, like no other great commodity, practically every bale of cotton may be traced from the place of production to the place of consump tion. The exchanges could hava no exlatenca If thsy attempted to Interfere with the laws of supply and demand. The laws of supply and demand are aa forceful aa the laws of physics, but It Is due to your efforts that the supply has been underestimated and the de mand exaggerated, which has resulted in serious loss to the producers of cot ton during ths past year. The South wilt never forget, and members of your own association so state, that your 15-ccnt propaganda haa resulted In great and serious losses, as have the speculative transactions of people who have based their Judgment on your assertions of a amall supply. •Your activity In support of the Boy kin bill Is Interesting, especially as you bring to bear upon It all the false reasoning of which you are capable. There Is hardly a difference of opin ion as to the advisability of suppress ing "bucket shopa," as they are really the temptation for gambling for those who follow your reasoning, and who should conflne themselves to their le gitimate business’ efforts; but It strikes us all as rather absurd that, assuming ths attitude you do In the matter of cotton contracts—Ignoring tha fact that they are the machinery for the distri bution of the cotton crop—you should continue to foster as the secretary of your association, Richard Cheatham, who Is said to be such a large stock holder In one of the "bucket shops” In the city of Atlanta, Ga. It Is astonishing that you continue to arrogate unto yourself credit for the advance In the price of cotton during 1105. Has It ever occurred to you that the sole reason for this advance was the demand to supply the world's re quirements? As a final word on this question of the supremacy of your Individuality, I take this occasion to assure you that you can rely upon the growing Intelli gence of the people of the Bouth to see their own way to success on the broad est economical lines. They are fully Informed of the great world factory that are at work, and. In the near fu-' ture, when the Bouth Is spoken of aa the most prosperous part of tha United States, do not tell us that Ita success was accomplished through your ef forts. Very truly yours, CHARLES D. KllEEMAN. leeeeeeeeeeeeeeeeeeeeeesseeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee—m TAYLOR’S 1 i | Thursday and Friday j THREE SPECIALS Domestics 36-ln. Sea Island 5c Bleached Sheets 50c Bleached Cases 10c Linens 66-Inch Bleached Damaak 25c Brown and Blue Dress Linen . at 12140 Extra large Huck Towelo.. 10c Wash Goods 39c Silk Mulls, for 25c 10c Floral Organdies .... 71-20 15c Mill End Ginghams.. 61-2c Dress Goods 50-Inch Sicilians 50c 38-lncl) Batistes 50c 36-Inch 8harkaklns 25c Silk Dept 36-lneh Black Taffeta 89c 75c quality White SUM .... 59c 18-Inch Loulslns Silks 25c Notions Clark's Spool Cotton .... 21-2c 100 yards Best Sewing Silk 8c Bullet Pearl Buttons ,10c Furnishings Ladles' Bleached Vests .... 6c ' Ladles' Lace Hose ........ 16c 25c 6olled Corset Covers.. 15c FROM EACH DEP’T. Children's Muslin Drawers, ruffled ...,10c Children's Dresses ........ 50c Muslin Night Rooes 26c Clothing Boys' White Duck Suits 50c Men's Blue Serge Suits... .16.90 Men's Blue Serge Coats... 62.50 Hats Child’s Straw Hats 16c Men's $1.00 8traws 50c Boys' new Fur Hits 61.00 Shoes White, tan or black Oxfords 98c Child's Tan Barefoot! 50c Men’s Canvas 8hoes 98c Ladies' Waists 50c Colored Waists 25c 75c White Waists 50c $1.50 White Waists 98c 240 Marietta Street. 240 Marietta Street. cc o o > III £ O & > lAl X THE VICTOR SANITARIUM 321-323 Whitehall Street, Atlanta, Ga. OPIUM, WHISKY: il otlio-r rlruir habltn rrd In four wealta. I’ailt nlM do not suffer as th«y Jit 10.11!'. institution*. < onifort of {uttlrntH carefully looked af ter. Sanitarium la homc-llk# and pleoxnnt. nnd not a prison, a* aome Imagine. Treatment entirely freo from any hnrmful roHtilt*. For full particulars call or addrcaa Tho Victor 8anitarlum, or Dr. B. M. Woolley, Lock Box 387. HORSE THIEF LOOSE, BARNS AREQUARDED By Private Leased Wire. Rockville. Md„ Aug. I.—Joseph II. Brown, ■ notorious aa a horse thief of singular ability, pleaded guilty In the circuit court yesterday to two Indict ments charging grand larceny, com- mltted n dozen yearn ago. Judge Hen* demon aunpended aentence and releas ed the man on hln own recognisance, during good behavior. In comtequeno* the realdemi of the Rockville borhood are lncemied and alarnu have purchased the entire stock > ble locks and barn the local atm fered. Hdgh- <1 and WORKING Chases Dirt 1910 EXPO. Boost the Big Show by using OLD DUTCH qiEANSER EVERY TIME YOU BUY A CAN YOU MAKE THE CUDAHY PACKING CO. CONTRIBUTE ONE CENT TO THE EXPOSITION FUND. A LARGE 8IFTING-TOP CAN FOR TEN CENTS. ALL GROCERS SELL IT