Newspaper Page Text
ATLANTA
{y?phoi« «.<W)
!ln**« of railroads Boren
J i'i ", of' Greet railways 160
jflifldaf-Lpltal K2.ooo.m
The Atlanta Georgian.
GeOttGIA
Value of 190H <
'<1 In 1975. fSiO.Ml
VOL. 1.’ NO. 115.
Morning Edition.
ATLANTA, GA., SATURDAY, SEPTEMBER 8, 1906.
Morning Edition.
T>T} Tfl rr . In Atitat* TWO CBNT1.
jrlXLK^Lj. on Trains VIVE CENTS.
HIPPLE PLANNED TO KILL SEGAL
AND SELF SO THAT DEPOSITORS
WOULD GET INSURANCE MONEY
Wrecked Bank May
Open for Business
Saturday.
SUGAR TRUST NOW
likely to be sued
Segal, Arch Promoter, Knew
Nothing of Hippie’s
Plan to Insure
Him.
00000004>4»4>4Jt»i>04>04S4Si>4>4>lS4»
obank clerks decide
o TO TELL ON EMPLOYERS. 0
(5 O
6 Atlantic City. N. J., Sept. 7.— O
0 It has been decided by the Amer- 0
0 lean Institute of Bank Clerks, 0
0 In session here, that it Is tho duty 0
6 of all clerks In financial tnstltu- 0
O tlons to expose Irregularities on 0
0 the part of their superiors. The 0
0 organization of bank clerks has a 0
0 membership of nearly 7,000. 0
SoOO000000000000OO00000000
lt.r Private Leased Wire.
Philadelphia, Sept. 7.—Amazing de
velopments today In connection with
the deliberate looting of the Real Es
tate Trust Company, led the authorities
to believe that President Frank K.
Hippie, In his last desperate struggle,
conceived the Idea of Insuring Adolph
Segal's life and then killing both Segal
and himself, after arranging for the
Insurance to go to the depositors, who
had been robbed of 45,000,000.
It was learned today that three
months ago Hippie tried secretly to
have placed on Promoter Segal’s life
an Insurance policy for $100,000. Had
he been successful, It Is believed, he
would have taken out other policies In
other companies.
Msy Sus Sugar Trust
The scheme failed, however, because
of Hippie's manifest agitation and un
certainty as to details, it Is shown
upon Investigation that Segal knew
nothing of Hippie's efforts.
District Attorney Bell today was se
riously considering bringing criminal
prosecutions against the sugar trust
In connection with the looting of the
trust company. An effort also Is to be
made to have the Kedrrat authorities
prosecute under the Sherman anti
trust law.
It Is alleged that the sugar trust,
by conspiracy, juggled 51 per cent of
the Bhackamaxon Sugar Rellnlng Com
pany out of Segal's hands. Segal, It
Is said, discovered that the capitalist
to whom he had assigned the stock was
an agent of the Havemeyers, who fur
nished the money. The sugar trust by
this loan obtained control of the Shack-
.mason Sugar Refining Company
without the necessity of buying It.
Dlrsetors Face Arrest.
Segal at once retained counsel to
devise and carry out a plan to recover
the 51 per cent of stock, or falling In
that, to force the sale of the other
49 per cent. Matters were at this stage
w hen Hippie killed himself.
tvithln three days live directors of
the trust company are to be arrested,
was the declaration made today by
Banking Commissioner Backey. They
are accused of having attested the
false statements of the bank's condi
tion.
There Is a report that two of the
directors, who are high In their pro
fessions as lawyers, have received In
the past year $760,000 from Segal as
payment for passing favorably upon
the securities he offered for big loans.
Bank May Rasums.
The Real Estate Trust Company will
resume business probably tomorrow or
Monday. Several meetings have been
held between the directors and Receiver
WANTED TO FLOG
BANKER STENSLAND
S
USE Ulffl
Says Money in De
positories Is Not for
Speculation.
By Private Leased Wire.
Washington, Sept. 7. — Secretary
Shaw today Issued the following Im
portant notice to all depository bunks:
I am advised that many banks scat
tered throughout the country are loan
ing their surplus funds through brokers
and others, In New York, on call, at
high rates of Interest.
"Money loaned on call Is well nigh
universally for speculative purposes.
“I recognise the right of any Indi
vidual to speculate In stocks or In
lands, and the legal right of any bank
to loan money at appropriate rates of
Interest, at home or abroad, on ample
security, even with knowledge that It
Is being used for speculative purposes.
“I am not willing, however, that gov
ernment money shall be enticed away
from the locality where It has been de
posited for the purpose of being used
In this way.
“Public deposits are made in aid of
legitimate business as distinguished
from speculation, whatever Its nature.
“Depository city banks are expected
to loan at regular rates or not at all,
and they must not be tempted to act
as agents Instead "of correspondents tor I
other depository banks In making calll
Moorish Officer Is
Anxious to Punish
Prisoner.
By Private Leased Wire.
Tangier, Morocco, Sept. 7.—Paul O.
Stensland, the Chicago bank wrecker,
today was transferred from the cus
tody of United States Minister Gum-
mero to that of- Consul General Hoff
man Philip, who will be the arrested
banker's olHdal custodian from now-
on till he Is placed aboard ship to be
taken to America.
Instructions were Issued officially
placing Stensland In the hands of the
United States. As Minister Gummere
Is going on an Important mission to
the Sultan at Fez. he transferred the
banker to the consul general.
Friend Cables Banker.
A friend of the prisoner, from Kau
Claire, WIs., who Is waiting at the
Auditorium Hotel In Chicago for a re
ply to his message, tried to complicate
matters by sending a cable message
which may bring him In contact with I
the law. This friend signs the name of
Knutson. The message told Stensland
to appeal to the Sultan of Morocco
against returning to New York, and an
nounced the employment of Maltre La-
borl. tha celebrated French advocate
who defended Dreyfus.
Wants 8tensland Flogged.
One Moorish official was greatly as
tonished when told that under no cir
cumstances would he be flogged. The
Moor wished to have Stensland flogged
to force him to tell what he had done
with the money stolen from his bank.
He said-he did not see how on earth
the ends of justice were to be attain
ed without a morning and evening flog,
glng. It was Impressed on him that
in the United States a prisoner must
be well cared for. Hts oriental mind
failed to grasp American methods of
treating a criminal but he acquiesced
with deference and ordered that should
the American minister honor him by
Intrusting Stensland to his care, the
banker w-ould be treated os an honor,
ed guest.
Gets Hunter’s Room.
This means that Stensland will oc-
loans at high rates. Icupy a small room that opens on
“If you have more money than your • llny Knr< ]cn, Inclosed with a high
,*„ P ?K P » r lS^rv a for r Hl*pll‘ed Iron fence with soldiers to the
please return It to the treasury for It r f rht Hn(I j eft The , ; , m e place was
see return It to the treasury for Itlfffi™.1'
agUd-
can
Ttmcn _ .
bank* with large reserve* regularly on
deposit with city correspondents.”
FEDERAL EXPERT
LADDS ATLANTA'S
CITY GOVERNMENT
Statistician Praises Munici
pal Improvements and
Bookkeeping.
Continued on Page Three.
IN CELL
HAS BIG AMOUNT
IN HIS_POCKETS
Bresher Is Alleged to Have
too Many
Wives.
Toledo, Ohio, 8ept. 7.—Held aa a
fugitive, from justice. Dr. J. M. Dreaher
In prison cell awaiting the action
rf several police departmenta. His ar-
" a " made yesterday afternoon by
i- lives Howard and Carl who were
•'^tinned In the poetofllce awaiting the
turning of a doctor for hls mall. The
wy of Dreaher It a tale of two cities.
Hr is alleged by the police to have
•urpluz of wives—one reaiding away
f” ,n s »n Jose. California, the other
the town of Decatur, Indiana, and It
, is 'he Interest he displayed In escort-
T Pr Ih ' woman from the latter town
,n this city Sunday that led
i th P'csent predlcamtnL
•h, “arched at the police station
L * doctor had $4,140 In cash wrapped
rtai. .* newspaper. California ofll-
t)r., h Mant *0 know about that also.
ure,h, r now awaits the
v «* from Californio.
8tarke 51. Grogan, statistician for the
United States department of commerce
and labor, la In the city, and Friday
morning had many things of excep
tionally complimentary nature td say
about the government of the Gate City.
“In going through the books In the
comptroller's office there were two
things which especially caught my at
tention," said Mr. Grogan. 'The flrst
Is the enormous per cent of money ex
pended by the city which Is placed In
permanent Improvement. For Instance,
last year $1,870,138.39 was spent by tho
city, out of which $382,629.01 was put
In permanent Improvement. This Is
about 20 per rent. The average Is
about 8 or 10 per cent, and some cities
go for years without making any per
manent Improvements at all.
"The other feature Is the debt. There
are only a few cities In the United
States which have so small a debt com-
K ired to the population as Atlanta.
any of the cities have from three to
four times as large a debt per capita."
As to the manner of keeping the
books, Mr. Grogan said Atlanta had
the flnest system In the United States,
and that It was the hope of the depart
ment of commerce and labor that It
would be Installed throughout the
states. Mr. Grogan said further that
the system put in by J. H. Goldsmith,
city comptroller, had been adopted by
Chicago.
“You can not say anything too good
about the way Atlanta's government Is
run," said 3Ir. Grogan. In conclusion.
51r. Grogan Is a Georgian by birth
and claims Atlanta as hls home. Ho
Is a young man, not yet 10, and has
been exceptionally successful In hls
government work.
by Thomas Hunter, the At
lanta, Go., embezzler.
410 BALLOTS
STILL NO CHOICE,
FOR CONGRESS
Special to Ths Gsorgisn.
Ststezboro, Gs„ Sspt. 7.—Aftsr 410
ballots ths oongrssslonal convention
adjournsd at noon to matt again this
aftsrnoon. There seems to bs no pos
sibility of an agrssmsnt.
Brsnnsn’s mart will not agree
calling of another primary. They da
elars ths nomination should go to
Brsnnsn on ths basis of s popular ms
jority.
WIFE OF MAYOR
COMMITS SUICIDE
Speelnl to The Georsisn.
Buckhead, Oa, Bept. 7.—Mrs. R. M.
Baker, wife of Mayor Baker, of this
place, yesterday morning swallowed a
dose of laudanum with suicidal In-
lent, from effects of which she died
this morning. 8he was formerly Miss
Mattie I,ou Felker, of Monroe, Oa.. and
her family Is one of the most promi
nent In the state. She was married
to Mr. Baker last 5tay. Ths cause of
her act Is supposed to be despondency
and III health.
MAN DANGEROU8LYILL
FROM ATTACK OF HICCOUGHS
Special to The Georgia o.
Athens, Oa., Sspt. 7.—F. B. Lucas, a
member of one of the most prominent
families of the city. Is dangerously
sick from an attack of the hiccoughs.
PULLIAM GET8 UMP8.
Pittsburg, Pa., 8ept. 7.—President
Pulliam, of the National League, today
signed a new umpire. Charles Rlglsr.
who will Join ths staff at the close of
the Central League season.
Haym Elected Clerk.
Special to The Oeorghm
Savannah, Oa., Sept. 7.—J. R. Haym
was elected by the council clerk of
police court to succeed himself, without
opposition. Three ballots were blank.
MEANING THIS?
W>
Q O
President Roosevelt says there will be no tariff revision so long as prosperity prevails—NEW8 ITEM.
Waiting For the Patrol
Wagon White Man
Stabs Self.
IS HELD ON CHARGE
OF HORSE STEALING
COTTON MIES
RoadSdSay 30 Days’
Notice Is Irn-
possible.
“PAY 1 PICK
OR OUT COES
11
Want SO Men to Inspect Oil
But For the Jobs %,000 Toil
There Is a horde of hungry office
seekers in Georgia.
Commissioner of Agriculture T. O.
Hudson will have a Job on hls hands
appeasing the disappointed.
There si- 2.00# applicant* for the
Mveniy oil Inspectors’ place* to be
tilled by t-’ornmlscioner of Agriculture
T. G. Hudson.
Of this number the commissioner has
already appointed twenty, and. there
fore. for the other flfty places, he has
an average of forty for each place, and
the returns are not all In yet.
Hardly a day passes but tha com-
mlsslonsr la besieged either by letter
or In person.
As soon as these oil Inspectors are
named, the commissioner will Turn bis
attention to the guano inspectors.
Ths oil Inspectors are paid by - the
fee system, ths guano Inspectors re
ceiving a yearly salary of 81.040.
The best oil Inspectors' Jobs are lo.
cated In the larger cities, ths Atlanta,™
Job being the fattest one In the gift I The cattle had their heart.- near the
of the commissioner. Wire, which, h-lns charged with elec-
Those of ktaeon. Augusta and Sa-l-uclty from the ■ ntlnuous lightning,
vannah come next In line. ■ w ere electrocuted.
Washington, Sepf. 7.—By far the
moat Important matter that has come
before the Inter-stale Commerce cbm
mlaalonera under the n«n‘ rate law will
be the problem of export cotton rates,
to be considered next Thursday.
It Is not too much to gay that the
commission’s decision IH this matter
will set a precedent whose results may
very largely decide whether the new
law ahull be s success nr a failure.
That the great Importr.nre of the
hearing Is recognised by railroad men
and shippers Is evident tnun the fact
that so many of them, have Indicated
tbelr Intention of being prrsent, and
have naked opportunity to be heard.
The commission has barn flooded with
tetters and long telegrams on the sub
ject.
The new law require* that thirty
days' notice shall be given of changes
In rates. The railroad companies aay
It Is Impossible to comply with this
because of the uncertainty about the
supply of shipping bottoms. If rhare Is
plenty of botom capacity at the cot
ton ports, the ships bid for the bust
ness and ocean rates go down, which,
of course, correspondingly reduces the
joint rate made by the railroads. But
If thsre are few ships In port In pro
portion to the amount of cotton await
ing shipment, ocean rales sre likely
to soar, and with them the Joint rates
must likewise go up.
To give thirty days notice when
ich fast fluctuate
era is declared by
utterly Impossible. Therefore, they ask
the commission to exerclso the discre
tion given It by the new law, and grant
an exception to this rule of 80 days'
notice lir the case of cotton rates.
Shippers of cotton are almost unani
mously on the aids of the roads In the
request.
In the matter of cotton rates, the In
fluence of Wall street speculation on
ocean rates Is Just now receiving some
attention. It has bean broadly Intimat
ed that speculators ars able at times
to manipulate ocean rates to the ad
vantage of big Interests In the mar
ket and that In fact the privilege or
making changes without notice would
at times be a most powerful one In
market manipulation. All these phases
sre likely to be investigated before the
commission, acts.
CATTLE AND HORSE
KILLED BY LIGHTNING
Special to The Georgian.
Bcottsboro, Ala., Sept. 7.—Wednes
day aftsrnoon during a storm lightning
on the farm of Thomas Kirby, live
miles south of hart, killed five head of
rattle and a line mare. A line of
wire fencing runs parallel with a row
of low hanging tire.] crane during
ths storm the cattle sought shelter.
Proprietor of Atlanta
Hotel Had To
Cough Up.
D. N. Baldwin, proprietor of the New
Atlanta otel at 22-<4 Houston street,
had some trouble with the Atlanta Gas
Light Company last week because of
the robber}' of one of the slot meters In
hls building. This was on Monday.
Friday an employee of the company
came with a bill for the amount sto
len from the meter. 5Ir. Baldwin want
ed to ai rue as to the payment of this
bill.
The amount was $3.00.
It had been four days since the
money was stolen.
Mr. Baldwin bad hls suspicions as to
who had got themoney and wanted to
wait a while before paying the amount.
But—
“If you don't pay this Immediately
will shut off your gas right now,"
said the employee as he started for the
meter.
It was after 5 o'clock. There were a
hundred guests In the house. Many
of them were stage folks and were get
ting ready for their early perform
ances. There were no lawyers In the
house, so Mr. Baldwin paid the bill.
He thinks the treatment by the gas
company was rather arbitrary.
decideTnIcents
AS MINIMUM PRICE
Little Reek, Ark., 8ept. 7.—Ten
cents has basn fixsd by ths 8outhsrn
Cotton Association so tho minimum
price of cotton. This action was taken
at 2 o’clock this afternoon.
The executive committee of tho
Southern Cotton Association (pent all
the morning and part of tho afternoon
going over this matter and finally ar
rived at ten cents as a minimum pries.
KILL OFFICER
OPEfTPRISON
Soldiers at Warsaw
Mutiny and' Over
power Guard.
Special Cable—Copyright.
St. Petersburg, Sept.,'.—The director
of the prison at Warsaw has been shot
by mutinous soldiers of the garrison,
who then overpowered the guard and
set free all the revolutionists. 60 In
number, who were confined In that sec-
tiou <>f the prison. The mutineers left
t hi prison with the men they had re
leased.
The jail at Penaa was fired by ths
risoners who attempted to escape,
,’he flames were extinguished, how
ever, and the prisoners were held.
The famine situation Is giving the
government great concern, and It Is
feared the lack of food will cause the
peasants generally to join the disor
derly elements. M. Stolypln Is be-
nldlng every effort to meet tip. situa
tion and relieve the most pressing dis
tress.
It Is not Improbable that a heavy
at duty will be Imposed on grain In
..der to keep It In the country avail
able for the relief for the famine-
stricken districts.
REBELS DESTROY
When Arrested He Tried to
Stab Patrolman
Mashbum.
Angry because be had been arrested
for stealing a horse and thwarted In an
attempt to stab the officer who had ar
rested him, Eber Echols, 45 years old,
cut hls throat Friday morning and Is
In a precarious condition at the Grady
Hospital. Only the prompt Interfer
ence of Officer Mashbum prevented
Echols from killing himself at once.
Echols' attempt on hls life took place
In the store of Nathan Teitlebaum. 290
Butler street, near Harris street, at
8:45 o'clock. Officer *Mashburn had ar
rested Echols at Harris and Piedmont
streets and went to the grocery to tele
phone for the patrol wagon.
While the officer was using the tele
phone he kept but a light hold on hls
prisoner. A sudden movement caused
him to turn and he found Echols with
an open Barlow knife raised In the air
and evidently In an attempt to stab hls
captor. Mashbum grasped hls prisoner
by the arm, but could not prevent hls
bringing down the knife and slashing
hls own throat. After a moment’s
struggle the officer succeeded in plac
ing handcuffs on the wrists of the pris
oner. who fought until half unconscious
from loss of blood. Echols was rushed
to the Grady Hospital, where It was
stated later in the day that he might
recover. A wound three Inches long
and very deep was mHde by the. knife,
which was sharpened to a razor!Ike
keenness.
Echols Is accused of stealing a horse
front a negro named Henry Watts, who
lives af Tenth and Jackson streets.
The officers state that Echols stole the
bona* -11111 sold It ti> u man at East
Point, Ga. This took place about three
weeks ago and though the police de
partment has been watching for Echols
e was not seen until today, when Of
ficer Mashbum found him with two
sets of harness In hls possession.
According to one witness of the at
tempt at suicide, Echols stated that he
had money to pay for the horse.
“That’s all right," said the officer,
“you ran settle that at the police sta
tion after you are locked up."
“I don’t ees how I'm going to get my
money If I’m locked up," said Echols.
Then he drew the knife and slashed
at hls throat.
On the police department records
Echols Is registered as J. B. Echols,
though a cousin who keeps a livery sta.
ble near Decatur street says the right
name Is Eber. He has been living at
10 Corley street, but his home Is In the
country near Chastain Town. If Echols
recovered from hls attempt at suicide
ho will be transferred from the hos
pital to the police station and tried on
the charge of horse stealing.
CABANISS SLATED
AS SUCCESSOR OF
CHARLEYJORIHEN
Funner Business Manager
of Journal for Senate
Secretaryship.
NPINAR DEL DIO
Blow Up Two Structures
On Line of Western
Road.
Havana. Sept. 7.—Two bridges on Ih*
Western Railway In Plnar Del Rio
were blown up by rebels today.
Good by to Summer—Fall We Hail!
We've Just Received First Cotton Bale
8k!doo to summer!
Fall Is hers officially and any spas
modic attempt on the part of the
weather sharp to discredit that fact
won't avail.
For why?
Easy, aaay thing. Atlanta received
her flrst bale of 1006 cotton Friday
morning. Now, summer, take the
countl
If the flrst bale of tho fleecy Isn't
Fall's official harbinger, pray what Is?
W. F. Reeves, a farmer living near
College Park, raised It; and Smith A
Higgins bought It Friday morning.
Price wasn't top-notch, because the
staple was a bit “oft color," but Mr.
Reaves got a pretty nice figure for It—
and the glory.
Smith ft Higgins bought the flrst
bale of new cotton last year.
Is H. H. Cabanlas slated to succeed
Charles 8. Northen as secretary of the
senate of 1007-1?
If persistant rumor Is to be credited
Mr. Cabanlas' friends are hard at work
with that end In view, and claim that
they will undoubtedly succeed In land
ing the Atlantan In the position.
It Is understood that 5tr. Cabanlas
has said that he Is not a candidate for
the place, but In spite of that avowal
hls friends have gone quietly to work
with the expressed view of landing Die
Job for him.
Precedent was smashed In tho Ma
con convention by naming others than
the secretary of the senate ami the
clerl^ of the house as secretaries
H.
that body
feasor E.
ths convention sei
started the rumc
Northen and Mr.
have opposition.
Cabt
tin.
of Ma
id Pro.
tarles. That fact
that both Mr.
Rolfeulllet would
ive opposition.
It Is laid that Governor-elect Hoke
Smith favors Mr. Cabanlas for the sec
retaryship, and that will, If a fact,
carry powerful weight.
Secretary Not them In th» meanwhile
not worrying paiileulaily. He as
serts that he ha- now .unlclent
pledjes from the senate-elect to Insure
hls retention. It Is sure that It would
take a strong man and powerful Influ-
to defeat him. for he Is one of
the most popular men In the state and
Is esteemed a most canaille official.
