Newspaper Page Text
Page Four
AND
The Marietta Courier.
CONBOLIDATED SEPT s %09
JOSIAH CARTER, Editor and Manager,
MRS, ANNIE L. CARTER. Associate Editor
Entered at the Postoffice at Marietta, Ga. as Sec
ond Class Matter.
—PUBLISHED BY—
fhe Marietta Publishing Company
Official Organ of Cobh County.
. Marietta, Ga., April 10, 1914,
E’ WASHINGTON GOSSIP. ig
“Yes,"” I heard a man say the other
day, “Atlanta got the Regional Bank.
I don’t know what a Regional Bank
is, but Atlanta got it.”
* * * *
Well, the Regional Bank is about
ten times as important to Atlanta as
the Capitol, and 1 don't think 1
would be exazgerating if I said twen
ty times as important. The deci
sion of the Organization Committee
in Washington te locate one of the
twelve banks in Atlanta has put At
lanta on the financial map as no
thing else could have done.
The Currency Bill provided for
dividing the country into not less
than eight nor more than twelve Rn
serve Districts, with a Regional Re
serve Bank in each district. These
banks will be owned by the banks of
respective districts and their princi
pal business will be making loans to
the member banks and discounting
bank paper.
In addition to having for this pur
pose the reserve deposits of the mem
ber banks anfl the Government’s de
posits they will have the Reserve
Currency provided by the Currency
Bill; so that there will always bhe
vlenty of currency hercalter for all
legitimate needs. The Regional Bank
will not do business except witn
banks.
* * *® -
The Regional Bank in Atlanta
will be the money reservoir for Geor
gia, Florida, Alabama, Eastern Ten
nessee, part of Mississippi and Louis
iana, including the city of New Or
leans. The capital of the bank will
be about five million dollars and
possibly more as State banks join in
the system. )
There will be other banks in New
York, Boston, Philadelphia, Chicago,
Cleveland, St. Louis, Kansas City,
Minneapolis, San Francisco, Dallas,
Texas, and Richmond, Virginia.
Some estimates place the number
of persons to be employed in the At
lanta bank at eight hundred or a
thousand. It does not seem possible
that there could be use for so many.
As there will be provided seven
hundred and fifty million dollars of
Reserve currency for the use of these
banks in time of need it will be im
possible to bring about another panic
in this couatry and no bank that is
solvent need ever close its doors for
lack of femds.
Such is the effect of the Currency
Bill which the Demoecrats have pass
ed.
* * * *
As soon as the Currency bill was
passed Atlanta went after a Regional
Bank. It was unthinkable that the
Gate City would not get what she
went after. But Atlanta came very
near to receiving a most terrific jolt.
I know absolutely that if the matter
had been decided a month ago Louis
ville or Cincinnati would have been
selected instead of Atlanta.
The showing that Atlanta made
when the Committee was there was
not sufficiently impressive and when
Senator Hoke Smith reached Wash
ington after having attended Sena
tor Bacon’s funeral he prepared a
brief made up along lines of his owan.
It showed that Georgia was clearly
entitled to the bank, and that the
Southeastern states should have a
bank. But just as the Senator got
his brief ready he went to bed with
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grip and was sick two weeks. Sec
retary Houston, a member of the
Committee was also sick. The Sena
tor was uneasy for fear the matter
would be decided before he could get
out and sent message after message
to Secretary McAdoo and Comptrol
ler Williams pleading Atlanta’s case.
When the Senator was able to leave
his house Washington was covered
with snow and it was snowing every
day or two but he kept his big lim
ousine car busy, even going to the
White House and spending an hour
with President Wilson, whose inter
est he enlisted in behalf of the great
cotton growing section stretching
from Mississippi to the Atlantic.
So strongly did he press the claims
of his section that he was finally
told he need not worry any mora.
Atlanta has the bank.
The next big fight in the Senate
will be over the bill passed some days
ago in the House repealing the pro
vision allowing American Coastwise
vessels to pass free through the Pan
ama Canal. ;
Let me explain that the last Con
gress passed a law that these vessels,
passing only between our own ports,
should go through the canal free,
It seemed all right at the time but
on further reflection there were two
objections raised: First, that there
is no justice in allowing privately
vessels to use this Government-owned
property free, and second, European
Governments protest that our treaty
provides that all vessels shall be
treated alike. The transcontinental
railroads very justly protest that
this form of subsidy should not be
given to their competitors.
It is a fact, too, that the interest
on bonds and operation of the Canal
will amount to nearly twenty mil
lion dollars a year and it will take
sixteen million tons of freight to
pay this expense. As there will not
be anything like that much freight,
the Canal will be operated at a heavy
loss.
That is the situation.
President Wilson feels that either
reason would be sufficient to require
the vessels to pay. As to the treaty,
ho feels that there thould be no
question. He does not wish foreign
governments to doubt the absolute
‘observance of any promise made by
our government. He is unwilling
to quibble about a matter d&f Nation
al honor.
When the bill was in the House it
was opposed by Speaker Clark and
Mr. Underwood but they were liter
‘ally snowed under, The fight in the
§S(!nate will be much closer. A ma
jority of from three or four to ten
in favor of making all ships pay is
all that is expected by the Demo
crats,
* * * x
Rather remarkable to relate, two
leading Democrats will be pitted
against each other. Senator Hoke
Smith will lead the Wilson .forces
and Senator O'Gorman, of New York,
will fight in favor of free tolls.
O’Gorman is a very strong man.
He is short, thick-set, rosy faced,
with hair inclined to be curly. His
head is big, his face full of force,
hs jaw square and He comes at you
like a Jersey bull with his head
down. He reminds me of Captain
J. W. English, of the Fourth Nation
al Bank in Atlanta and he is a foe
man well worthy of the steel of
Hoke Smith. While the two Sena
tors differ on this tolls question,
however, they are the warmest of
personal friends.
Will I miss this gladitorial com
bat? “Tell mother I'll be there.”
They’ll call time, I think, in about
two weeks.
JOSIAH CARTER.
o S
PR
‘.\‘ ” h)}€\ BI:OOD
A \
, LA B POISON
\ BHLS , & V@DV
v S : o dctually millions
\ and millions o
SR ‘.-VL 1S g\':’ms that grow
Dol from one ortwo that
LS got under the skin
and into the blood.
DR. BELL'S
Antiseptic Sal
applied ricfht away would have killed those few
germs and kept tnese miilions from be ng born,
To have a 25¢. box of this salve readv for emer
gencies, ask for Dr. Bell's Antiseptic Salve,
“Tell It By The Bell”
¢V VVVOV VYYDV
THE MARIETTA JOURNAL AND COURIER
Absolutely Pure
ROYAL—the most celebrated
of all the baking powders in
the world—celebrated for its
great leavening strength and
purity. It makes your cakes,
biscuit, bread, etc., healthful, it
insures you against alum and
all forms of adulteration that
gowith the low priced Grands,
Derivation of Surnames.
Surnames are not what they seem.
For instance, Lind is derived from a
Teutonic word meaning a “snake.”
The apparently quir and harmless
surname Wren comes from a word
which denotes “rapine.” Fish, thcugh
such an innocent name in appearance,
sriginally meant “impetucus.”
g Babies Are Human Manna.
. Babies continually freshen the race
l up. We are human and kind and hope
- ful simply because heaven is inces
' santly raining babies upon us. They
are the human manna. The love and
care of them keeps us sweet. At
- Christmas, honor the little “Defenders
; of the Faith!”—Woman’s World.
> ’?; i NN
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s 7_,,/ ALk, m—
Y 220 o . Y W/ ¢ »
ui N 7 N 7 S\ e,
i 'I A / o N FOuR P -
FIRST YOU SAVE SOME MONEY THEN
YOU HIDE IT IN THE HOUSE THEN SOME
SMOOTH STRANGER COMES ALONG AND
YOU INVEST IN SOME SCHEME AND LOSE IT
Study this picture. This kind of thing is happening
all the time. If the smooth stranger had a really good
thing he wouldn’t be peddling it. He wouldn’t HAVE
TO peddle it. Investments t.at have drummers NEED
them. We can advise you, but we can’t afford to advise
you wrong. Consuit us. :
MAKE OUR BANK YOUR BANK.
We pay 4 per cent. interest
on time deposits.
% :
THE FIRST NATIONAL BANK
Capital : $100,000.00
Surplus and Profits 70,000.00
- / s
Over 25 Years of Successful Business
——————
OFFICERS.
J. E. MASSEY, President. G. P. REYNOLDS, Cashier.
JOS. M. BROWN, Vice President D. R. LITTLE, Asst, Cashier.
SAXON A. ANDERSON DEAD.
There is hardly a man n twenty
miles of Marietta who did not know
Sax Anderson. He had been in Mari
etta ever since nearly all the men in
these parts were poys. And yet bhe
was hardly seventy himself. .
Mr. Anderson passed away last
week, after only a. few days of ill
uess. His fellow citizens in Mari
etta were astounded when they heard
he was dead, so little was thought
of his sickness proving fatl. He had
hardly been missed from town until
the sad news was passed around that
he was dead.
There was not a stronger charae
ter in Cobb county than Sax Ander
son. He stood for his convictions
and never did he fear to express them
in public and private. He loved his
friends and was always loyal ,to
them. In his death Marietta and
Cobb county have a citizen whose
place will be hard to fill.—Alphar
etta Free Press.
///’—\\‘
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N\ d try it.
: \—_//
Friday, April 10, 1914
PROFESSIONAL CARDS
W
D. W. BLAIR.
LAWYER,
North Side FPublie Squarae,
MARIETTA, GA.
-_—
Bs Tc FREY’
ATTORNEY AT Law.
MARIETTA, GA. Office over H. A. Warg's
store, Public Square. Collectioys 2 epacial v
Money loaned. ;
CLAY & MORRIS.
LAWYERS.
Office over Sams’ Drug St re,
GORDON B. GANN,
ATTORNEY AT TLAW axD
KkzaL Estrate Acent,
MARIETTA, : : GEORGIA
Office up stzirs over Sam’s drug store
o e LAN
C. M. DOBBS,
ATTORNEY AT LAW
MARIKYTIA, - . . GEORGIA
Gffice over W. A. Sams.
-_—
JNO© T. DORSEY
ATTORNEY ATLAW
MARIETTA, GEORGIA
Office over Marietta Book Store,
mdiee e i
J.QGLENN GILES
Atttorney-At-Law
MARIETTA, . ~ v GRORCIA
Office Over Marietta Restaurant
in building next to Court House.,
e L e
WARREN E. BEN'SON, M. D,
OFFICE NOLAN BUILDING
CHURCH STREET.
Office hours: 8 o’clock to 10 a. m;:
3 to 6 p. m,
Phone: Office 248; Residence 263
= s .
T. J. VANSANT, M. D,
OPEICE OVER T. 1. WALLACE’S
STORE.
Office Phone No. 164.
Residence Phone No. 351 J.
1 Dr. C. DURHAM ELDER,
GENERAL TRACTICE AND SURGERY.
Office over Store of DuPre & Wallace.
Phone 181,
Residence: Miss Towers’, Lawrence
Street, Phone 128.
M
DR. W. M. KEMP,
‘ GENERAL PACTITIONER
MARIETTA. GA, Office, in Gober batid
| ‘ng nver Ward Bros. store. Residence allep Winp
place., Lawrence street.
Residence phone 78. Office phone 9.
DR. S. GROOVER
| DENTIST
Marietta Georgia
‘ Office front rooms
! over Wikle Butler Drug Store
DRS. J. D. & W. H. MALONE.
——FH YSICIANS——
Offices over Fowler Brothers’ Store,
| Office Hours:
f 10toI2a. m. and 3tosp. m.
‘Office phone 93. Residence phone 78.
e L TR
W. H. Perkinson L. L. Blair.
Res. Phone 191 Res. Phone
DRS. PERKINSON & BLAIR.
PHYSICIANS AND SURGEONS
Office Over Book Store.
Office Telephone 23.
oA R T
06N R. GREER M.D.D.D. §
SurGEON DENTIST.
Office south side publle square. Over;Maye-
Bros. store,
MARIE‘!’TA. GRORGIA
e et e e
JOHN H. BOSTON, JR.
ATTORNEY AT LAW:
RealfEstate, Loans and Title Work
Handled Especially.
MARIETTA /.= +:/ <.\ GHORGI
Office with D W. Blair.
OWENS JOHNSON,
LAWYER
Offices, Gober Building, Atlan
to Street,
MARIETTA, GEORGIA.
LINDLEY W. CAMP,
LAWYER.
Office over Wikle-Butler Drug
Company.
MARIETTA, - GEORGIA.
HUGH HOWELL
LAWYER
Second Floor, Kiser Building
ATLANTA GEORGIA.
—WITH
orsey, Brewster, Howell & Heymaa