The Marietta journal and courier. (Marietta, Ga.) 1909-1918, October 10, 1913, Image 4

The Marietta journal and courier., October 10, 1913, Page Page Four, Image 4

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Newspaper Page TextPage Four Che Marietta Jnumall AND | The Mariletta Courier. CONSOLIDATED SEFPT 3 18089 JOSIAH CARTER, Editor and Manager, MRS. ANNIE L. CARTER, Associate Editor Batered at the Postoffice at Marietta, Ga. as See ond Class Matter. —PUBLISHED BY— The Marietta Publishing Company OFFICIAL ORGAN OF MARIETTA Official Grgan of Cobb County. MaRrieTTA, Ga., Ocr. 10, 1913. MARIETTANS Mr. Charlie Freyer arrived from Cuba a few days ago feeling like a new man and, after bidding count less “how-d’ye-does’” and shaking hands all the way from the train to the Freyer Building, he deposited his tropical mementoes there and journeyed out Cherokee street to see his mother. The next day, bright and early, he came into our sanctum to give us some Cuban dailies and illustrated periodicals for our exhange table and to tell us how much he had enjoyed his Marietta Journal during his sojourn in Cuba. As soon as we could find time, his visit was returned, but instead of en thusiastic Charlie Freyer, we found that most genial of chroniec grum blers complaining that the “prodigal son” had come in and taken the tools out of his hands to put some panes into a window at home. And this is the man who, a year ago, did not expect to ever tread the marble sidewalks of Marietta again. Cuban sunshine, tropical fruits, fresh fish, interesting, diverting and en chanting scenes in the land of Ma nana have renewed his youth and he is bubbling over with joy. Among his trophies is the skin of a monster rattlesnake. But the things most worth seeing are the pictures in his album. These dnclude scenes of va rious kinds, beautiful girls, big fish, luxuriant flowers, phases of Spanish life and the Cuban method of allow ing infants to imbibe goat's milk ex actly as kids do. This saves endless work and care in the way of steril izing milk and nursing bottles, but is rather shocking to unaccustomed eyes. ' Mr. Freyer thinks Cuba is the place to fish and hunt, climb mountains, enjoy siestas and breathe the breath of health in the sea breezes that come to temper the tropic sunshine. LINDLEY W. CAMP, LAWYER. Office over Wikle-Butler Drug Company. MARIETTA, - GEORGIA. HUGH HOWELL LAWYER Second Floor, Kiser Building, ATLANTA. GEORGIA WITH -~ Dorsey, Brewster, Howell & Heyman, OWENS JOHNSON, LAWYER Offices, Gober Building, Atlan to Street, MARIETTA, GEORGIA. iliiiiiiii..: 2 Cholera! ¢ Hog Cholera, Chicken Cholera, and other diseases . of stock and poultg, make @ {ou lose money. Can this B oss be avoided? The @ WP answer is: YES! Give §§ ] 4 promptly, when the first sym'gtoms appear. It acts on the liver, and Xets it to % workin? freely. disor dered liver causes these (and most other) troubles of stock and poultry, | Price 25¢, 50c and $l.OO per can. J “Bee Dee Stock & Poultry Medicine | is 4 splendid cure for liver trouble, oy, . @i s e g ShEGBFOLCHODD WASHINGTON GOSSIP The one political question that has always interested me most has been the money question, and [ am wondering if it wonldn’t interest the readers of the Marietta Journal forl me to write about the currency sys tem of the country and the Currency bill which will engross the attention of Congress for the next few months. The Tariff bill having been signed by President Wilson the Cur-! rency measure will now have the‘ right of way. | RN %y Few people think of the several kinds of money that we have in this country. It is not worth while for them to do so for it is the well set tled purpose of the Government to make every dollar the equal of a dol lar in gold. The gold in the Treasury amounts to about a billion and a quarter of dollars, Over a billion of this is represented by the gold certificates, which are in fact trustee certifi cates for gold deposited in the Treas ury. A hundred and fifty million dol lars of gold is in the vaults owned by the Government and held as a reserve fund to redeem on demand Treasury notes, which are called greenbacks, the issue of which amounts to a little over three hundred million dol lars. If that gold were exhausted the Government would issue bonds ‘and buy more gold, as Cleveland did ’in 1894, ~ The issue of silver certificates ;amounts to nearly five hundred mil lion dollars and is based on silver of [equal amount stored in the Treasury, but the government would undoubt edly maintain the silver certificates \0" a gold basis. l * * * » L] I The National Bank notes, amount ing to over seven hundred million dollars, are secured by an equal amount of United States bonds, which, if necessary, could be sold for gold with which to pay the notes. It will be seen that we have sev eral kinds of money, a rather patch work system, but it is all good and we have in this Country, I believe, 'the largest amount of gold of any ! nation in the world. There is on the statute books a law known as the Aldrich-Vreeland act, by which there is printed and awaiting a call from the banks five hundred million dollars of emergen cy currency. This is a form of National Bank money which would be loaned to banking associations on proper secur ity to meet any sudden demand for currency as in case of panic. The rate of interest is such that this cur rency could be used for only three or four months, until the scare had passed. It is five per cent to start with an increase of one per cent a month until it reaches ten per cent. This law was passed in 1908 and will expire by limitation next June. The fact that it has never beencalled into use, eveén in the past Summer when money was scarce, shows the strength and conservatism of the banks of the country. . As this law is to expire and as it was intended to be only temporary, the necessity arises for the passage of a Currency bill by Congress at least during the regular session which starts in December, oo KN The House has recently passed what is known as the Glass-Owen bill, which is understood to be an administration measure and which has the approval of President Wilson. Mr. Glass is a Virginia Congressman and Mr. Owen is a Senator from Oklahoma. Neither is regarded as a financial expert and the bill has gone through the house under the whip and spur of party leadership with the impression that such amendments as are necessary will be put on in the Senate. The main difficulty with the bill is that it is more of a banking bill than a currency measure. It pro vides for an issue of $750,000.000 of currency to be loaned to banks on re discounted paper, but it provides for this to be done through a new set of banks that will compete with existing banks in a way and even do business in foreign countries. National banks will be compelled to take stock in these banks and many of them may not wish to do so. They can lend their money for eight per cent but they would be limited to five per cent on their stock in the Reserve Banks while the only benefit would be to borrow money if they needed it. g F 8 % = The banks of the country are very strongly opposed to some of the pro visions of the bill. lam no lawyer, but 1 do not believe a National bank could be compelled to take stock in another corporation against its wishes. ; What the Senate needs to do is to frame a bill that will be usable. All the situation requires is an e lastic currency. The money of the MARIETTA JOURNAL AND COURIER. country is kept in pretty steady mi and when any sudden call for more comes along there is no place at which it can be gotten except under the Vreeland act. In some countries banks are allowed to meet such a condition by issuing their‘ own notes, but that is prohibited inl this country. Our peopie favor mon-} ey issued by the Government, which the Government will redeem in gold. 9 % % % % The country ought to be set free from domination by certain big banks in New York and it has been get free by the election of Woodrow Wilson. Whatever legislation is en acted will be with complete disre gard of the wishes of those banks. But it would be a mistake to ignore the advice of the bankers of the coun try generally. It is a fact that the banks are in the hands of men of the 'very highest type of citizenship. They ‘are broad and patriotic and are the }custodians of a very large part of the wealth of the people. If we are to pass a law to assist them in hand ilng the commerce of the country they are . certainly in position to point out any defects that experi enced persons might put in a bill. They are particularly interested when it is proposed to compel them to take part of their funds and invest them in new financial institutions over which they will have only partiai control. * * & * * The Glass-Owen bill would be all right, however, if it were acceptable to the bankers generally but they have pointed out difficulties which at first did not appear, and the amendment of the bill in the Scrnate is a foregone conclusion. I look for the passage of a most wise safe and acceptable Currency bill but I don’t expect to see it until about March. The Senate is to stay in session and wrestle with the prob lem, but I shall be surprised if th: bill is passed during the extra ses sion, much as President Wilson de sires it. " N The Senate is the saving quantity in Washington. The House is very much of a mob. As a general thing its members lack that experience and intimate touch with affairs that are to be found in the Senate. It is true the House holds Mr. Underwood but he stands out there about like Kenne ’saw Mountain towers above the sur ‘rounding hills. The Senate is made up largely of men of his caliber. lFrom his own State there is Bank head, a big man even in the Senate. The House is full of theory. Lots of young men are there, fresh from the hustings with untried notions that never even get beyond a House Committee. The body is so big, with nearly five hundred members, that few really know what is going on. They have followed him blindly and he has given Wilson his Glass-Owen bill simply, I believe, to keep thej Democratic lines intact. It has hecn! a wise leadership in that view but when that bill gets back to Mr. Glass‘ he will not know his own baby. It will be a much more robust infant‘ and will insure the strength of our financial system, JOSIAH CARTER. GREAT SUFFERER l Tells How She Was Restored ' To Health by Lydia E. | Pinkham’s Vegeta | ble Compound. ] e — I Grayville, Tl.—“‘l was a great suf ferer of female complaints for a year I .E:!E:EE::::EL::':::::':E;:;::Z:‘:"":::':.’tt and I Eot’ nOt’hing (| gassewy | that helped me un | PPt T began taking A | Lydia E. Pinkham’s 9@ ¥ |Vesetable Com. ¢:ifpound. I wasirreg- A |ular and had cramps b i [wobudtntlhadte oaSmo il go to bed. Now W Sii{have better heaith Y than I have had for years and I cannot speak too highly of your medicine.’’— Mrs. JESSIE SCHAAR, 413 Main St., Grayville, lIL Case of Mrs. Tully. Chicago, Ill.— ‘I take pleasure in writing to thank you for what Lydia E. Pinkham’s Vegetable Compound has done for me. I suffered with such aw ful periodic pains, and had a displace ment, and received no benefit from the ’doctors. I was advised to take Lydia | E. Pinkham's Vegetable Compound, and am now as well as ever.”’—Mrs. WIL LIAM TuLLy, 2052 Ogden Avenue, Chicago, 111. If you have the slightest doubt that Lydia E. Pinkham’s Vegeta«- ble Compound will help you,write to Lydia E.Pinkham Medicine Co. (confidential) Lynn, Mass., for ad- | vice. Your letter will be opened, read and answered by a woman, J and held in strict confidence. FOR SALE The J. M. Austin old home place on Railroad St. This would make a good boarding house or home. Has about ten rooms and is close in. Price $3,500.00. Terms if desired. R. E. BUTLER. Money Doesn’t Always Buy Happiness, HOWEVER.... The man who has money in the bank doesn’tlook upon the sordid side of life as does the man who is broke. Money in the bank represents credit—the power of accomplishment. It creates coufidence. It gives one standing and prestige in the community. No matter how small your start you have the full advantage of our facilities for increasing your accouni when you bank at the THE MARIETTA TRUST & BANKING CO. 4 Per Cent Paid on Savings Deposits. LB MEN, LG b, i SEaloNs President. Vice-President. .Cashier. DIRECTORS : D. W. BLAIR W. A. DUPRE J. D. MALONE S, D. RAMBO T.M. BRUMBY A. H. GILBERT 2. N. NORTHCUTT GEO, H. SESSIONS tT. A. GRAMLING Capital and surplus over $lOO,OOO oSt s o i . b i MOHC}’ o | oan S e R e $2350 to $25000 on reasonable terms. SESSIONS LOAN and TRUST (0. R.PHONES ARE AT Q S ‘ ..o\ YOUR SERVICE A AT \\ Bl oo \D o) SRR X N ‘ Z e - Oe~ RLTN T R X R WL/ T e N D\ R eR S e T ev\ L) T N P ST ; “.ml‘“,“.ﬂ.uulv“‘ ‘ i \ﬁ;{l';lzlb;/’ ‘\ o _E% i;%( L f i!\ ; u/l" # //‘;'r,’ " }//‘J‘ oW .' ___ t”ﬂ-: 0 "i"l‘v:!:'ll‘\\\lflllll(ll\u_\fl_l!'lll‘l.ll‘l}‘l.g.ll:\:\‘»; : ) ;\ "‘/ oA z:l@a/,‘,w % ee\ R DD e =R T | = ===l | /////l// 0y = —— -l —— ‘[l"] e N ) /// X = eRV - = 1 //_""'/,///';»( _— e ,—--’ ll———v = i Bl //// /i = === =< — |“t' —% l - ON="=T—=l <k //Q_ v ‘fg—\“’ ==l = i e S SRR RN ot Our chiet aim in business is to accomodate our pa trons. ( Our store is nothing if we cannot make you feel per fectly welcome at all times, and free to use it and its conveniences, as you would those in your own home. We are glad to see you at all times---whether you come to bny or not. QOur telephones are at your service. We will sell you postage stamps and postal cards, as willingly and with as much plea sure as drugs or stationery. . Ty We want you to feel that this is indeed your store and come often. W GANTT DRUG CO, MARIETTA, GA. FOR SALE 47 acres land, 4 room house, good barn and about 10 acres in bottom land. 3 miles from city. Would make good dairy or truck farm, Don’t miss this pick up. Price $1,500.00. R. E. BUTLER. Friday, Oct. 10, 1913 PROFESSIONAL CARDS w D. W. BLAIR. LAwYER, North Side Fublie Squars, MaßrigTrA, GaA. B. T. FREY, ATTORNEY AT Law. MARIETTA, GA. Office over H. 'A. Ward's store, Public Square. Coliectious a specialiv, Mogev lozned. CLAY & MORRIS. LAWYERS. Oftice over Sams’ Drug St re. GORDON B. GANN, ATTORNEY AT LAW AND KeaL EsTATE AGENT, MARIETTA. : : GEORGIA. Office up stairs over Sam’s drug store C. M. DOBBS, ATTORNEY AT ILAW MARIETLA, . . ' GRORGIA Gffice over W. A. Sams. — JNO T. DORSEY ATTORNEY ATLAW MARIETTA, GEORGIA Office over Marietta Book Store. J. GLENN GILES l Atttorney-At-Law MARIETITA, . . . GEORGIA, ' Office Over Marietta Restaurant I in butlding next to Court House. WARREN E. BEN'SON, M. D. OFFICE NOLAN BUILDING CHURCH STREET. i Office hours: 8 o’clock to 10 a. m.; i 3 to 6 p. m, Phone: Office 248; Residence 263 T. J. VANSANT, M.D,, OFFICE OVER T. L. WALLACE'S STORE. Office Phone No. 164. Residence Phone No 351 J. Dr. C. DURHAM ELDER, GENERAL PRACTICE AND SURGERY. Office over Store of DuPre & Wallace. Phone 181, Residence: Miss Towers’, Lawrence Street, Phone 128, el Lb R S T DR. W. M. KEMP, | GENERAL PACTITIONER MARIETTA. GA, Office, in Gober build g over Ward Bios. store. Residence allep Winn ‘ vlace, Lawrence street. | residence Phone 78, ’ Offic, Phone 9 F o e SIS R e e L DR. S. GROOVER | DENTIST Marietta Georgia Office front rooms over Wikle Butler Drug Store DRS. J. D. & W. H. MALONE. ’ ——PHYSIOIANS. —— Offices over Fowler Brothers’ Store, Office Hours: 10 to I2a. m. and 8 to 5 . m, Office phone 93. Residence phone 73. W. H. Perkinson L. L. Blair. Res. Phone 191 Res. Phone DRS. PERKINSON & BLAIR. PHYSICIANS AND SURGEONS Office Over Book Store. Office Telephone 23, iLy il R e SRR J. A, HL. EDWARDS PHYSICIAN AND SURGEON MABLETON, GA, Offers his professional services to the people of the Southwestern portion of Cobb County. Will do a general practice. Night calls promptly re sponded to. iundo-Iyr, JUtN . GREER. M.D. D.D. § . § . .’ . . . SUurRGEON DENTIST. Office south side publle square. Over,Mayes Bros. store, MARIETTA, GEORGIA el BD L JOHN H. BOSTON, JR. ATTORNEY AT LAW, RealJEstate, Loans and Title Werk | Handled Especially. MARIETTA . s ’ . GEBOROIA Office with D W. Blair. L s e e JAMES H. GROVES (Successor to John T. Groves ) INSURANCE. Fire—-Accident—-Beaiim—-Liabily—-Pioie Giggs Representing some of the strong est companies in America. Special attention given to first class arm property and cotton gins. I have the most attractive accident Policy ever put on the market. Office, 100 Whitlock avenue, in rear First National Bank.