Below is the OCR text representation for this newspapers page.

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.