Newspaper Page Text
(•AMBLING on the coffee?
•exchange killed by brazil
E ■:uglrt the Surplus Crop in a Bumper year to Prevent
ide Disaster and Controls the Market—Price Held
So Steady Speculation is Idle —Nearly 8.000 r
000 Bags of Coffee Held To-Day by
the State Worth $lO to sll a Bag.
, ; i.ms in options and fu
> New York Coffee Ex
almost ceased. A year
fl ~‘ al ~; ,-jaily sales were 30,000.
p . a net decline in sales,
..(ulative, of 7,414,000 bags
he past twelve months as
du ';;, with the previous year.
CO j‘; or ; practical purposes it may
! ga j,n hat gambling in coffee
>nded for the time being,
1 New York but in Ham
(J miany, and Havre, France,
the other principal ex
chang''• •
been brought about/not
f)V inter :i 1 reform of coffee ex
,' on „ P c r t raders are keen as ever,
nor >,,, ] islation, for all measures
r r, posed • the last session of the
!L. York Legislature to end gam
li!;utr in b )<1 stuffs and stocks were
defeated.
Ihu if > Brazil’s Action,
y. and solely to the remarkable
o - j.eriin n r now being made by the
Government of Brazil to control, for
benefit of her own people, the
surplus ee supply of the world.
S one merchants in the trade call the
lirdertaking socialism, others char
ar-Mfize it as an example of financial
jxbernalism. while speculators de-
IMijiic it as a corner in the market,
an unwarranted interference by
government in private business. But
those importers who are allied in the
valorization scheme, as it is called,
declare that it is merely a form of
protection for home industry, a re
versal in details of operation of our
own protective tariff.
The Brazilian experiment has been
in operation for a year and a half,
but only during the past few-weeks
has the full force of its operations
been felt in the markets of the world.
Slowly but steadily the transactions
of speculators have been squeezed
down; very surely has the range of
fluctations in prices been narrowed
and steadied, until to-day the possi
bility of rise or fall has been reduced
to such a small fraction that there
is neither excitement nor profit in
speculation.
Nature smiled on Brazil in 1906
in unprecedented plenty, and the cof
fee crop for the year was nearly
double the customary production. In
the calendars of trade the coffee year
extends from July 1 to June 30, so
that officially this bumper crop is
recorded as that of 1906-7.
Ordinarily Brazil produces be
tween ten and eleven million of bags
of coffee, or about two-thirds of the
total required for the world’s con
sumption. She did that in the year
previous and the year following the
great yield that upset all calcula
tions by amounting to 20,000,000
hags, or ffiore than enough to supply
all the world, without reckoning the
output from other countries.
Faced a Trade Disaster.
To pour such'a surplus into the
channels of trade would have the cer
tain effect of lowering prices down
to lowest ebb. Coffee growing is the
principal industry of Brazil. It is
the life of the country, the basis of
all trade, the foundation of the na
tion's financial operations. Coffee
prices more than cut in half meant
ruin for the planters and almost vi
tal embarrassment to the Govern
ment itself. In this emergency the
Government resolved to embark into
commercial enterprise and become
Hie dominant factor in the coffee
trade of the world.
The State of Sao Paulo produces
by far the larger part of Brazilian
coffee, and the financial operations
have been conducted chiefly in the
name of its Government, although
backed by the Federal Government.
H w as resolved that the Government
should buy from the planters their
surplus coffee and hold it against
Possible future short crops and the
increasing demand of the world. This
w °uld prevent a glut of the market
an d a collapse in prices. The neces-
Sjuy legislation was enacted, and the
Government, both State and Nation
al- borrowed money in the financial
ceQ tres of the world to buy up the
coffee.
These loans were negotiated in
ways. One form was the or
dinary loan from bankers for which
%as Ph dged the export duties on
This was done in the case of
* 15 .000,000 advanced by the house
of Roths hild. In other cases great
•toercantil houses interested in the
Ltle, such as Arbuckle Broth
ail(l Grossman & Sielcken, of New
and similar firms in Hamburg
London, advanced funds with
e ( ‘°ffee itself as security.
K AH fold, the Brazilian State and
Government obligated
Twelves for about $45,000,000,
v Told to-day, stored in ware-
Y U! ? es in Santos, Rio Janeiro, New
tl i E ttavre, Hamburg and other
centres, nearly 8,000,000 bags
coffee, worth between $lO and
I 1 a Hag. Thus the Government is
Solute control of the market. It
Wo gained a power over the
be t (S . mar^ets that up to date hc3
U wielded only for good.
Any Fluctuation.
ori 2 | n e le Sislative enactments auth-
S Uie valorization scheme fixed
-the maximum and minimum prices
at which the coffee should be bought
by the Government. The selling
price is regulated by the open mar
ket demand. If it falls belpw, the
Government declines to sell; if it
rises higher than cc)st price, then the
Government will sell in order to
lighten its load.
In iace of these conditions no spec
ulator can 'do business, for there is
scarcely any fluctuation. During the
year which closed on June 30 the
extreme range of fluctuation on the
New York Coffee Exchange for No.
7 (a standard grade) was % of a
cent, as against 2V 2 cents the prev
ious year and twice as much in other
years. The exchange has known cof
fee as low as 3 % cents and as high
as 21 cents a pound. To-day it rules
steady and non-speculative close to
6 cents.
Of the vast amount of coffee which
the Brazilian Government bought in
during the winter of 1906-7 it has
sold very little. Last month it put
up at public auction about 300,000
bags to establish an official price for
its holdings. This was necessary in
order to form a basis for the new' ten
year lean of $50,000,000 that is in
preuaration to take up all the orig
inal mercantile and banking opera
tions in Connection with the coffee
deal and fund them into a single
Government loan. The export tax is
tc be increased from 60 cents to $1
per bag in order to provide an in
terest and sinking fund to wipe out
the indebtedness.
There is much similarity between
this coffee scheme and the demands
of cotton growers in the Southern
States of this country, who in recent
years demanded that the Government
help them carry their cotton. Like
wise Kansas farmers have made de
mands that the Government issue
money based on their wheat and
corn. The action of the Brazilian
Government would be analagous to
the United States - Government pur
chasing the surplus wheat crop of
America in some year of extraordin
ary yield to keep the price from fall
ing below some fixed figure, as 75
cents, or even $1 a bushel.—The
World.
The Duties of the District Leader.
To Harper’s Weekly John S. Burke
contributes a vivid and amusing
sketch of the duties of the district
leader in the New York political sys
tem.
“Although the assertion would
contain much truth,” he writes, “it
would not be the whole truth to say
the District Leader preserves his po
litical existence by his adroitness in
administering the most skilfully or
ganized charity in New York. Pri
marily the Leader lives by beingJ&ffj
right’ with the organization
rules the city, and thus pffis
share of ‘fat’ contracts— , .
tion other sources of have
been used at times unscrupu
lous. The control of
his Assembly only so long as
he dominates|prabsolutely. Let one
election show that he cannot bring
out the party vote at its full strength
and his sceptre is taken from him.
Long ago the shrewd Leader recog
nized the fact that he who pays
money for a man’s vote is uncertain
as to the delivery of the goods pur
chased, and is certain to be despised
by the man forever after. Whereas
the politician who finds work for the
unemployed, and food and rent for
his family until pay day comes, is
sure of that man’s gratitude. He
need not worry about how the man
will vote.”
Nebraska Sod House.
There are few surviving examples
of the primitive style of architecture
once in fashion on the plains. With
in a radius of many miles of Central
City, Neb., only one sod house that
is inhabited can be found. It is the
residence of Oscar Nelson and is sit
uated south of Polk in Hamilton
County. For thirty years it has shel
tered Mr. Nelson and his wife, and
within its walls three children were
born and raised. It has weathered
some very severe storms and proved
so stanchly built that surprisingly
few repairs have been needed. Ne
braska soil has proved reliable in
many ways, but few other instances
can be cited of its standing the test
for thirty years when forming the
walls of a sod house. —Omaha World-
Herald.
Dew.
Dew does not “fall” in the sense
that rain does. It has been scien
tifically demonstrated that “dew” is
simply the moisture that is abstracted
from the air by the rapid cooling of
the bodies with which that air comes
in contact; as, for example, the
moisture that is seen of a summer
day on the outside of a pitcher con
taining ice water. Dew is not formed
on windy nights, because the drifting
air then brings its own temperature
to the radiating bodies, and prevents
them from getting cooled as speedily
as they would otherwise do.
Many doctors say that lawn tennis
is the most healthful form of recrea
tion.
Asa nation we probably carry more
continued stories in our heads than
any people in history, asserts Puck.
To Drive Out Malaria and Build U|
the System
lake the Old Standard Grovks Tahtk-
LKSa Chill Toxic. Yoa know what vou
are taking. The formula is plainly printed
on every bottle, showing it is simply Qui
uine and Iron in a tasteless form, and uia
most effectual form. For grown ueot'li)
and children. 50c. k
The fool is never known by his si
lence.
tetteiune— a iieliable cuke.
Tetterine is a sure, safe and speedy cure
for eczema, tetter, skin and scalp diseases
and itching piles. Endorsed by physicians;
praised by thousands who have used it.
Fragrant, soothing, antiseptic 50c. at
druggists or by mail from J. T. Shuptrine,
Dept. A, Savannah, Ga.
Virtue and honesty are twins. At
least, each is its own reward.
Mrs. Winslow’s Soothing Syrup for Children
teething, softens the gums, reduces inflamma
tion, allavs pain, cures wind colic,2sc a bott.e
Memory is that which will not per
mit us to forget unpleasant things.
Constipation ami Billousn* ss.
Constipation sends poisonous matter
bounding through the body. Dull headache,
;-our Stomach, Feted Breath, Bleared Eyes,
Loss of Energy and Appetite are the surest
signs of the affliction. Young’s Liver Pirls
positively cure c mstipation. They awaken
the sluggish live ■ to better action, cleanse
the. bowels, strengthen the weakened parts,
induce appetite and aid digestion. Price
2 ) cents from your dealer or direct from
the laboratory. Free sample by mail to any
address. -T. \L Yoitno, .In.. Way cross, Ga.
A man may actually act well his
part and yet not be an actor.
Man and Beast Alike.
Those who have suffered the agony
of eye afflictions can appreciate the
blessing to humanity in Dr. Mitchell’s
famous Eye Salve. Introduced in
th.is region in 1849 it is found in all
well regulated homes. Not alone
mankind but dumb animals know its
comforts. Mitchell’s Eye Salve, 2oc.
TOO ALCOHOLIC.
Redd —Did you try a jinrikisha
while you were travoLng abroad?
Greene —No! you must recollect I’m
on the water wagon!”—Yonkers
Statesman.
DOCTOR PRESCRIBED CUi i :; LL',
After Other r J treatment Failed— Faw
Eczema on Baby’s Face KaJ
Lasted Three Months.
“Our baby boy broke out with eczema "a
his face when one month old. One plac'*
on the side of his face the size of a nickel
was raw like beefsteak for three months,
and he would cry out when 1 bathed the
parts that were sore amt broken out. 1
gave him three months’ treatment, from a
good doctor, but at the end of that time
the child was no better. Then my doctor
recommended Cuticura. After using a cake
of Cuticura Soap, a third of a box of Cuti
cura Ointment, and half a bottle of Cuti
cura Resolvent he was well and his face
w T as as smooth as anv baby’s. He is now
two years and a half old and no eczema
has reappeared. Mrs. M. L. Harris, Alton,
Kan., May 14 anu June 12, 1907.”
Not Proud.
San Francisco is chuckling over a
story about Battling Nelson, con
queror of Joe Gans, the mas
ter.”
Nelson appeared in a fashionable
restaurant a day or two after the
fight. made a sensa
tion. J£y|plis stared at as though he
pretty girl in a sheath
gpfthappened that an English woman
of title was dining in the restaurant.
She expressed a desire to meet the
champion, and one of her companions
quickly arranged the matter with
Nelson’s second or third assistant
business manager.
“Battling Nelson —Countess Exe.
Shake hands with him, countess.
There ain’t bo pride about him. He’ll
let you.” —Washington Star.
'.'Y.yXy.Y///.vlA^^V
This woman says Lydia E.
Pinkham’s Vegetable Compound
saved her life. Head her letter.
Mrs. T. C. Willadsen, of Manning,
lowa, writes to Mrs. Pinkham:
“ I can truly say that Lydia E. Pink
ham’s Vegetable Compound saved my
life, and 1 cannot express my gratitude
to you in words. For years I suffered
with the worst forms of female com
plaints, continually doctoring and
spending lots of money for medicine
without help. I wrote you for advice,
followed it as directed, and took Lydia
E. Pinkham’s Vegetable Compound and
it has restored me to perfect health.
Had it not been for you I should have
been in my grave to-day. I wish every
suffering woman would try it. ”
FACTS FOR SICK WOMEN.
For thirty years Lydia E. Pink
ham’s Vegetable Compound, made
from roots and herbs, has been the
standard remedy for female ills,
and has positively cured thousands of
women who have been troubled with
displacements, inflammation, ulcera
tion, fibroid tumors, irregularities,
periodic pains, backache, that bear
ing-down feeling, flatulency, indiges
tion,dizziness, or nervous prostration.
Why don’t you try it ?
Mrs. Pinkham invites all sick
women to write her for advice.
She has guided thousands to
health. Address, Lynn, Mass.
Habitual
Constipation
flay 1)0 permanently overcome \?y prefer
personal ejjovts v/itklKe assistance
of th e one truly t>cncjicial laxative
remedy, Syrup cfl'igo and lUuxr cjSemta.,
Vv Kick enables one to form ve£u tar
habits daily $ 0 that assistance to na
ture may be gradually dispensccjwdh
wben ho tender needed the best
remedies,when ventured, arc to assist
nature and net to supplant the natur
al junctions, v(ucK must depend ulti*
tna tc\y upon propet* nourishment,
proper ef fQvts;, and
To get its beneficial ejjecTs, always
buy the genuine
D hirlfSenrui
in cm u jii ct u dby tke
California
Fig Sykup Cos. only
SOLD BY ALL LEADINC DRUGCJSTS
cue size only, regular price 50<f |*r ftottle
To go whaling and to get a whaling
are quite different.
American Cotton and Business University
and School of Telegraphy, Consolidated
MILLEDGEVILLE, GA.
pri' I ,J I l /AT\I. We guarantee to complete an, one with good eyesight in 30 days how to grade, elassify,
average. s>hip, buy and sell cotton, and be able to protect themselves in any first-class
market. e also teach how to grade cotton by a Correspondeuce Course. Our sample rooms under expert
cotton men. All samples ROfAk"F**FPHNF • Single and u< u >ie entry, Buget system, recog
expressed us graded FREE. UNO. nized bv business men to be the best, COM
MERCIAL LAW and all LITERARY branch*/. SHORTHAND, TYRKWRIIIN'G, Gregg and Electric.
Talanvoni,,. J I? „ Under three expert Telegraphers and Train Dispatchers.
1 ol6grapny 3Ha r\.Jl!liQS.Clmg. Main line Railroad wires, ihe best equipped school in the
south. Expenses reasonable. Write lor Catalogue, and state course desired.
iHk BH 16 N Stimulates the Liver and Bowels
iSm IS p ffiatura * action.
H A c^ects are thorough and
m qukk.
TRY A BOTTLE Pleasant to t&f^e.
Ask your dealer for ft
w rx* * ■ Young Men and Ladies of ambition should master Telegraphy and R.
1 nann i R. Accounting in one of our Institutes. Great scarcity of ofera
■ Flfl! 13 I ils 3iS iff ilia tors. We operate five schools under direct supervision of Railwa.-
IjUUI 1* fi O-D v|l O|Fa.S | Officials. Main-line wires in all our schools. Positions absolutely
c> B w assured, when competent. Work for board. Prospectus free.
National Telegraph Institute, (Dept. A. N.) Columbians, c.
'4EtTHE J - R- WATKINS MEDICAL CO.
'jfjjfl ———— winona, Minnesota.——
Wake* 70 Oiffe*— nt Articles: SHoiiHehoWl Remedies, Flavoring
H aFxjLQEt Extruct* all Kinds, 'Toilet Preparations, Fine Soaps, Etc.
Cari'Vassers Wanted in E'Vcry County,
.ilf 40 Years Experience, #8.000,000 Output.
BEST PROPOSITION E2££ o fcerep AGENTS
If you must make your mark, use
chalk; it will rub off.
Capudine Cures Indigestion Pains,
Belching, Sour Stomach and Heartburn,
from whatever cause. It*s Liquid. Piffects
immediately. Doctors prescribe it. 10c.,
25c., and 50c., at drug stores.
Sometimes a question is itself ques
OUT OF DOOR WIST
Men who cannol slop v V* LJ
for a rainy day.- will
find Ihe g reale si vv. WwiL \
comforl and
of bodily movement v
“ ■ tr l ((
It k
WATERPROOF?\f ‘ A
OILED CLOTHING,./ ,\\
SUCKERS‘3Q? SUITS‘JQP'f I
Every garment bearing A It
Ihe sign of Ihe fish'
guaranteed waterproof
Catcrtcg free
A J TOWER CO BOSTON USA
TQwtUKiOHN CO 1-im.teo tqpowtq Can
A V# 1 8 Comin S to the “STATE FAIR ?” Oct. Bto 25th.
M. m II Everybody’s coming-It’s going to be the “BIGGEST
I W 1 'W AND BEST FAIR” in the History of Atlanta.
X J. M. HIGH CO.
WmSlimtmM Atlanta’s Leading Department Store
111 I— BBEBBREH SEBSSSCE
Sf Extends to Each and Every Reader of This
Paper a Cordial Invitation to /Hake
Their Store HEADQUARTERS.
J. M. High <'o’s Department store, The fame of the J. M. HIGH CO. STORE
. an . ■ - s e _ S p rea d throughout the South Atlantic States. It
THIRTY COMPLETE STORED j s the chief source of dress supply for the women of At-
IN ONE. lanta and. surrounding country as well as the shop-
Siik. Handkerchief. Coat,. ping center by mail for thousands of families living in
Wash Goods, Embroidery. Georgia and adjoining states. |
Millinery, Muslin Underwear, ItS clfotlllClcillt aild COllVdii -
Cut Glass, Furniture, Mattresses, ently'arranged StOCkS, COm-
Draperies, Window Shades, I pletely filling five spacious j SPECIAL bargain offer
Upholstery, Carpet., Rog., floors, embrace, in splendid SET ROGERS’ SPOONS 59C.
Mattings, Linoleums, __. .
Lace Curtains, Gloves, Cloaks, Variety. In f °^ er to * es ! the P ullin * P°w
,. . ' . _ . _ . n , , er of thls Particular paper for our
Linings, Laces, Raincoats, MllllllPrV Hflfl KPRfIV-tft-WP3r Mail ° fder trade cu * this out and
White Goods, Bedspreads, lflllllllol J ullll IlUlllij lU " bill bring or mail to us with 59^|in
China, Crockery, Glassware, Garments I and we will send yon SET OF I
Ladies' Suiu, Trimmings! representing the “High C” of new fashions. w.rra 2S^ei^wortb
e * ular < l >' slo ° “*• s2o ° do^"-
Infants’ Wear, Shoes, Novelties, from the foremast manufacturers of Europe Special For 59c Set of 6
Imported and Hand-Painted and America. tf| |n IlnTnn
r . n r , „ . And all other DRESS ACCESSORIES (jl ftl.lO UOZGfh
China, Dress Goods, Hosiery, and MERCHANDISE, to be found in any ‘ ” UULbU ‘
Skirts, Domestics, Notions, Metropolitan Department Store. Be sure that this clipping and
Umbrellas, Blankets, Thirty or more Departments -all under na *? e paper accompanies each
Furnishings. one roof and all under expert supervision. anc ever y order. .
“HIGH’S” BIG STORE Is One of the Sights of Atlanta.
PUTNAM FADELESS DYES
>'olor more goods brighter and faster colors than any other dye. One 10c. package colors all fibers. They dye In cold water better than any other dye. Yos
dye any garment without ripping apart. Writ* for free booklet—How to Bye, Bleacu and Mix Colors. HON ROE UItLJG CO., Quincy. Illinois.
The Hoop Snake.
The universe is eager to hear what
President Roosevelt lias to sav on
any and rrtl subjects. But is he real
ly up on snakes? By nature he is
down on them. What dees he know
of t v ' N hoop snake of the South?
Thousands of men could be presented
to him who would swear to the exist
ence of such a creature. It forms it
self into a hoop, when offended, by
taking its tail into its mouth, and
chases its enemy by rol'ing along the
highway at terrific speed. If the
enemy hides behind a tree this won
derful serpent, going too fast to turn
aside, strikes the trunk with such
force as to bury its spiked tail in
the bark. This anchorage renders it
helpless and the enemy either escapes
or kills Mr. Hoople.—New York
Press.
THE MOTORIST.
Knicker —Where do you keep your
speedometer?
Bocker —On the cop’s machine.—
New York Sun.
JUST SO.
* 4 The automobile is rapidly dividing
the public into two classes.”
“Yes; the quick or the dead.”—
Puck.
I like getting well
by the doctor’s prescription with its most important drug left out.
Commercial fertilizers need more Potash to get all the crop profit
you are entitled to.
Mix 25 to 30 pounds of Muriate of Potash with 200 pounds of bone
meal phosphate. That will raise wheat / Set clover, too!
The proof will come next year in bigger crop, more profit. Pbtash
is profit . Buy the Potash first.
Send for Our Books, containing- facts about soil,
crops, manures and fertilizers. Mailed free.
GERMAN KALI WORKS, Candler Building, Atlanta, Georgia
New York—93 Nassau Street. Chicago—Monad nock Building
Good
DEPENDS UPOiS Vi VA\
if/ Quauty-Freshness - Blending \\)l
Ml Roasting-Making Ik
c\\\ WHEN YOU DUY
A LUZIANNE COFFEE#!
You are positively insured upon the jp|j
J First fourPcints-asforthelasf j|
cant possiUymate peer [olfee iS
fwiflf ii you use LUZIANNeCJI
s old Everywhere 2 5* i lb. Can A.^
l> i'-'SJ' ) TrtE F?Ei J_v-TAYlor Cos l)
/ BOY PAINTERI \
/ STANDS FOR \
I PAINT QUALITYj
I IT IS FOU NDONLY ON £
\PUREWHITE LEAD figSgjaftfl/
|j AT
I It buys a Strictly
Eigh-Oass fai Ik FREIGHT
SEWING 1^1”
I MACHINE il®
I *CI)ARANTEED_IO_YEARS
P And Jnas all the up-to-date improvements that
ft every lady appreciates. It is splendidly built or
S thoroughly deixmdable material and handsomely
K finished. lias elegant Oak Drop Leaf 5-Drawer
ifl inet, complete Set of'Attachments, full inatrae-
B n tions how to use them, aud the outfit will be stsfc
you “Freight Free” on
I I We sell DTRFOT at ONS
1 H PROFIT, saving youth*
fSffltSglMj} B Jobber’s, Retailer's ami
y Amt § A treat’6 profits aiu! sell—
I inp expenses, & exactly
1 mTi atjaiivt>H the same machine tlxry
iSfgrrtfy-" Y^ . B will ask you 530.00 f<*g
iSSLiLFiBteaaiWKJAy- I Send at OkCE f-or OC&
S 1 BIG NEW FREE
I T® /r\M I 1 SEWING MACH MR
\ mu ml I CATALOGUE
j ml? .■ll h p Most complete and in—
AtlßfcuyaHflß&V £ ptruetivo book of it/
S character ever publish*
\\ B edin the South. It pict
■nl^lTWgTOg^T.Jlg.jj.,.,arryffatf3 ures and describes eveiry
" rja ,B part and particular of
Sf the greatest line of positively High-Grade Sewinpr
“ jfj Machines ever offered. We are the largest Sew injg-
A J* Machine distributors in the South, and, at ysrwe*.
■ y sked. for quality guaranteed, our Machines are on
i|m< ‘ -liable. This catalogue describes and pew*
L 3 high-grade Pianos, Organs. Steel Ranges, Ooofciag:
k S Stoves, Seating Stoves, Phonographs, Dinner aao
| I Toilet Seta. Prompt shipments, safe delivery and
8 8 satisfaction b ’.mranteed, or your money back.
MALSBY, SHIPP & CO.,
i 1 Dep?. B. 41 S. Forsyth Street, ATLANTA, GEORGIA
“HThampson'sEyg^eu
(At-40’08)