The Augusta herald. (Augusta, Ga.) 1914-current, September 11, 1914, Home Edition, Page SIX, Image 6

Below is the OCR text representation for this newspapers page.

SIX AUGUSTA HERALD. ’ubllshed Kvsry Afternoon During tbs Week and on Sunday Morning. THE HF.RAI.D PUBLISHING CO, Entered at the Augusta Postoffls# aa Mall Matter of the SerondHilass SUBSCRIPTION HATES: ” Daily and Sunday. 1 year 15-9 J Dally and Sunday, per week J* Dally and Sunday, per month •“* Sunday Hsrald, 1 year PHONES: . Busin**:* Office 297 I Want ad phone 9* Society 2616 I Man..K K Editor -«» • Room ... r, 9 * 6tl POREIG N “REPRESENT ATI VB The er.Jemln .4- Kentnor Co.. Ave-, New Turk City. 1218 Peoples Gaa Bid Id rig; Adams Ft . »nd Michigan Biva, Chicago. - " TRAVKI.I.V. !I:I• I:f*SENTATTVEH— -1 Kinek and W. D. M Owen ate the onlv authorized traveling representative* for The Herald. Pa» no money to others unices they can show written a dhorltf from Business Manager of Herald Pun betting Co. . ”Addfeee an business eemunlrnttone to THE AUGUST/ HERALD, fgt BrOgd tfc, Augusta. GS. 1 Vo 1 eomrmi ntca 11 on will be published la Herald unless the name of the writer Is signed to the article. Th» Augusta Hsrsld Via* » '!* r *',i r c ]* 7 rtrriilalkin, and - kwr total circula tion than any other AwnelS paper This hss been proven by tha Audit Co., or N-w Tfldt Tha lltnM Goarnn'er* Advert!sere 60 per cant, more Home < arrlar City Clr eubtUo.i In Aiifuata than la «lven by any other Augusta paper. This guarantee will ha wrlttenjn e'ery rniSiSrf and Tha Herald will be ready end willing at all tlraea to «lv« full •« ,-rea to Ita records to all »dvertla*rf who wish to tea* the aocnraox M tht. ■ utrantee In rompartaon with the Claims of other Augusta nswspepers THE WEATHER /Forecasts till 8 p. in. tomorrow.) ror Augusts and Vicinity. V'loudy tonight n'Kl HHt'irHnv. rising \rnperature tonight. probably looa. **.o»era. For Ceorola. \ flnudy tonight ami Saturday, ilnina snipers! ure tonight; probably I°®“' powers. Comparative Date. lyi Hibp<«»mb#r 11 tH, 19 J** wMitrheal lemperatnrr record, »•> In ' "■ anEuweat temporalure record. 54 In 1» - reVnweat Ihia morning, 51. bJTreoipltatlon yaalorday 0. normal t- Tflvev etngc at * « m . lac In 24 hotira ending * a m > ' - flar r. r> KMK'.H. Local Forecastsr. buy a bale. $ If you have the money to buy M a bale of cotton and wait >' f,u are f lucky. Thrra'a not much apccrt f Utton about It; lt'» aimply a Hood investment. If you arc a farmer the invest ment proposition la all the more dear. Hold every bit of your cot ton you can afford to hold and strain some to hold a little bit mow. It la an Investment by which you will profit If you han dle It carefully. Cotton t» worth Just as much to you as It is to anybody else, so keep aa much of It aa you can amt conalder that which you keep aa an Investment. One Hunt: I* certain. It la worth more lhan It la aelllijg for now. It la better to hold on to It If you can. If you are In attch shape 1 that Beilins It la a dire necessity, then at least set a good lesson out of your losses. Make your land f, support your home and your lain js lly first, by Its regular farm pro- Jg ducta ami let your cotton crop be | un lndependant surplus Invest - K ment. Having a bale of cotton la W even lietter than buying one A BONDED WAREHOUSE RECEIPT IS AS GOOD AS CURRENCY | Pay your debts this year and pay .them In bonded warehouse receipts on rot ton. They tried this plan in 190 V In Blr * mtnghain and It worked ull right. U will work again this year. Under the Birmingham plan, four receipts were leaned for eauli bale of cotton —three | of tIO.OO and one of 15 00, making a tots) of $35.00 These receipts were accepted by leading bunks at their face value. Business houses In Birming ham took them In payments of all dnbta. When the cotton was finally sold the receipts were taken up and paid In cash for their full value and the balance of the money was paid to the farmers uud factors who bu 1 Stored and warehoused the cotton. Under such n plan, the Atlunti.' tttetea Warehouse Company, with the assistance of the hanks and cotton fac tors and mat chants of the city, could take care of tOO.t'OO bales of cotton and practically take It off the market tin til the war was over. Its bonded warehouse receipts arc as good aa gold, hot only In Augusta but throughout the whole country By Issuing receipts In denominations of 116.00 and 69 00. which could bo used In the payment of obligations throughout this section, a great Im petus would he given to the Buy-a- Bale Movement that la spreading til over the country. Many a person would buy $9.60 snd 11000 worth of these receipts where they might not have the SI a. 00 or $40.00 to buy s whole bale of cotton 6TATE BANKS SHOULD GET NATIONAL BANK CHARTERS. There ere some *SO stele banks In 1 Oeoraia and 115 national bunks. A good many state banks are apply ing for national bank charters It would be a good thing for the] slate If more and more state banka would apply for and secure national i hart era Georgia and South Carolina the Booth—need more national banks Only national banks can secure emer gency currency under the Vreelaßd Aldrich act If the South had more national banks she would be In a bet-I ter position to meet con titb its like f e present. , Under the new current y law. so in to go into effect, there is sll the more] need for thr South to Increase tie] number of Its national banks There j is an ineieastng demand for m -re na ■ I Mcnal hat.ua in the Koulh. / tuog-e: to Lice to 0c frjccuitD \ -i 7 ——— — \ TYLOhA -TUB-v PUTV- AAy uajC<-£ / 1 *NO\sj TJUAT ia/KC/v H£ \ f Die He My . ) I LOO TMJr 01BD AwD/fET / I VA/Ai KlOcljAfG- Off THAT" j — «.— S / A)£Y£TtwAS IF PAvflS 08= J i*"""''- \ HB FEL-T A/j(JT?y K ,£ J • ye*".'-.. I UOV ' \ IVAjAS A TUROP/ f \ \AmO I KNOW-,/ V [ I iAST VAJOKOS AUN/r TESSte I I ■ I \ VA>Ai tA/ITH 14/AA TO J \ IDUEVN AAV WrFF* V I v M .JiJ, The South Looks To Its Bankers From the Dalian New* In the report of the committee to the National Farmers' Union, which has been in session at Fort Worth, on the situation confronting the cotton grow ers, there is this sentence: It appears that a decided step forward ban been taken by the Administration In dealing with • tbla question. That, though it testifies apprecia tion off (lie measures Secretary Mc- Adoo has taken to conserve the inter ests of the cotton growers, pays but scant tribute to him The fact Is, the National Administration, acting through Secretary McAdoo. has done not only all that could he expected of the Government, hut all that could he done In safety. II lias shown a quick und profound sense of sympathy with the predicament of the farmers and of tile south, and it has shown courage and shrewdness In contriving lira mires to case them out of that predicament. It has not only con strued the Aldrich-YTerlund act, un der which It Is acting, In a most liber al way, hut it baa had that act amend ed in a way to enlarge Its powers of relief. The Administration has an nounced its readiness to Issue emer gency currency on paper secured by warehouse receipts for cotton up to 7S per cent of the value of the paper. In doing that it lias elected to lift pa per so secured above the class of commercial paper, on which under the terms of the law It would he au thorized to issue currency up to the extent of only no per cent of the face value, up to the plane of state, muni cipal and corporation bonds, on which It Is authorized to Issue currency up to the extent of 75 per cent. By this decision the Administration has mad* available to the bankers of the South all the currency that will be needed to save the South from the disaetar of having to dump its chief crop on a demoralized market. If the South should not escape that disaster, it will not be the fault of the National Administration. It hat diecharged its duty to a degree that ought to ex cite the gratitude of the South at it hat excitod carping criticisms in sec tions of th* country that are very lit tle concerned in this matter. Duty and responsibility now de volve on the hanker* of th* south. Having been supplied with the means of saving the sltudtlnn. whether the situation ts saved becomes a question of the manner In which the hankers of the south utilize the means with which thev have been provided. That they will be wanting In loyalty to the south is, of course, not to be even Imagined. Whether they have the courage and the wisdom to master this emergency remains for them to determine. It lies with the hankers of the south to fix the minimum price of cotton Spinners will pay little If any more than the hankers of 'he south are willing to lend on It. Thev will pay as much as the bankers advance, both because the amount advanced will express a conservative and even dis counted Judgment of cotton's value, and because they will he ahle to buy little at leas than hankers ure willing to lend. So far Use bankers have show a a fair dtspomtton, It seems to the News. Hut It has seemed to the News also, that they have so fur talk ed the courage to make the decision which must he the solvent of the sit uation. This decision concerns the fixing of a loanable price on cotton Report* come of country hankers lending 110 stul. In some rare Instan ces ||s a bate on cotton. Rut every one must know that cotton I* an am ple security for two or three times that amount To advunce only $lO a hale on cotton Is not to relieve the attualion. ll 1* rather to aggravate tt For the farmer who gets only $lO a iWtle on such cotton as he stores will not derive enough even for hla Irn •rediale necessities to aav nothing of paving any part of his debts Indeed, such un advance as that can only re sult ill allowing s large part of the cotton the soil ha* given us to waste and lot 111 the fields It will not he picked. If any Considerable part of the farmers should store their cotton and receive only that niggardly ad vance on the security of their receipts, the result would he merely tvf tie up •h* cotton etop and leave the aouth Silk Hat Harry’s Divorce Suit By Tad temporarily worse impoverished than it would he if all its cotton were sold for what it will bring, for certainly It will bring more than $lO a hale. II seome to the News that the hank ers of Texas, acting tlihrough their (Currency Associations, ought to come to a definite agreement as to how wuich they will advance on cotton properly stored. And It Is unneces sary to say that, In the opinion of the News, the amount they'agree to ad vance ought to he much greater than $lO a bate. Without wishing to pose iiH an authority on (he subject, it seems to The News that there can he little hazard In advancing S7O, or at least $25 a hale, even If the crop should equal the most bearish esti mate of its probable size. Tty ad vancing to that extent, the hankers can save the situation for the south. We should still feol aomc financial stringency, hut not to a degree that would mean disaster. The responsibility now rest* on the banker*. It ha* been put there by the course of the Administration. The south looks to its bankers to prove themselves equal to the responsibility that rests on them, and while they have not as yet displayed the courage that one would like to see exhibited, the News believes they will overcome their timidity and prove themselves worthy of the trust reposed in them. ANOTHER USE FOR COTTON. Wc learn that there Is now- a move ment on foot by a large fertilizer con cern to adopt cloth as the material for sacking their product. The concern’s output Is very large, when times are normal, ami it will require about 15,- 000.000 yards of heavy cloth to sack their commercial product. Thus, an other avenue la opened up to utilize, low priced cotton, and one. too. that comes within the range of practical and economical utility. This project If successful, will serve the three-fold purpose of (l) retiring permanently many hales of cotton front tin overburdened market. (2) of put puttlng many cotton mills into prof itable operation that are now Idle; <7l of keeping large sums of money at home that are now going to Calcutta to pay’ for Jute, of which the aacks In present use are composed. A practical test of the merits of the two ma'terisls. cotton and Jute, de veloped the fact that the gunny sacks, In present use. made from Jute, pos sessed the permanent resistance re quired to withstand the action of the acid In the fertilizers. On th* other hand, the cotton sacks showed, after a test of several weeka, that the ftlbre of the fabric was entirely destroyed at the bottom of sack, where the strain was greatest. The problem, then, was to find some substance with which to treat cotton cloth, that will render It acid proof and fool proof as well. The problem then hcoame a chemi cal one and It was then referred to the laboratory of the institution alluded to above, to discover the easentlal substance that would Impart the strength and stability of Jute to cot ton cloth. The officials of the company, In cluding the scientists of the labora tory, now think they have found it ami will therefore recommend the use of cotton sacks fur future use, ts they are found on practical usage to meet the requirements of strength and dur ability. In the event that It Is found that they have not found exactly what they want, they might try creosoting ns the correct treatment for cotton sacks This has proven to tie un ex cellent preservative for wood fibre and extensively used for treating rail road crossliM und shingles which are exposed to the oxidization of the weather. It might also prove to be a protection against the action of sul phuric aetd. one of which generally forma a constituent element of com mercial fertilizers. One encouraging sign of the situa tion i« that the lertlliser N.c kx vhu*v made front cotton, are said to be ohep er than those made from Jute With cotton at the present prices, this' is quite probable, so that thg discovery of the process of the treatment of cot ton doth becomes all the more Im portant There Is anothei 1 and * greater con sideration involved in Ills adoption of THE AUGUSTA HERALD, AUGUSTA, GA. sacks .made from cotton as a covering for commercial fertilizer by this one company which alone inay require 15 million yarda, and that is, that it may come into general use and be adopted by all the companies doing business with the southern fanners. In this e\ ent. a very much larger quantity of cotton cloth will be required and the the uses of cotton will undergo a much wider expansion. EXPLAINING IT AWAY. Ex-Governor Joseph M. Brown ex plains his defeat in the race against Senator Hoke Smith on the ground that the war in Europe brought a “dumb dread*' to the people of Geor gia which Senator Smith turned to his own account with his practical offer to have congress enact legis lation which would keep the price of cotton up to 12 1-2 rents a pound. The little ex-Governor figures it that in the fullness of time, when S,nator Hoke Smith’s bright prom ises shall, or shall not. have been realized that the people’s will will again point Brown-ward, even as “the needle of the compass, though rudely shaken, returns Its point over to the North.” When the South Ceases to Raise Distress Cotton it Will Be Twice As Prosperous When the South ceases to raise dis tress cottun it wll lbogin to feed It self. It’s foolish to raise cotton on borrowed money to buy bread and meat. And when the tenant and cropper can no longer borrow the money to raise cotton to buy bread and meat, he will he forced to raise his own bread and meat. If he wants to farm or to quit farming, if he won’t or can’t raise his own living. Good, steady wages in the long run will heat the hazards of borrowing money to raise cotton to buy bread and meat. It’s a long way round to a good living any way. It doesn't build up the South or the farms of the South, for when the end of the 'ear conics the follower of this endless chain generally starts in again to bor row money to raise cotton for some body else to buy his own bread and meat. Most times there is a debt car t We Can Make Every Drug We Need hear a great deal about shortage of drugs and chemicals. Many other industries are halting until needed ingredi ents can be supplied. We have leaned to Europe when we should be making these things ourselves. Listen to what Prof. E. L. Newcomb of the University of Minnesota has to say: “America for many years has been the dumpins: ground for European drugs of poor quality. If development work is now support ed America will no longer be at the mercy of European dealers, wha charge whatever they please for inferior drugs because they have a monopoly. There will then be no chance for unwarranted price boosting such as there has been in this country during the last two weeks.” Time for America to Get Busy~ Of course Lil Joe is welcome to all the dope he can mix sou himself; we only trust that his nerves may be pleasantly soothed and that no dread after effects will punish him for his Indulgence. It Is going "some” though, for ex- Governor Brown to assume that he is the prophet of "equal” protection by the laws and ‘‘equal’’ obedience to the law's by all. It is going "some” to pose as the prophet Elijah and call his fellow Georgians to remember that the 7,000 who remained faithful to the law were the leaven throufflh whoirn God restored His worship in Israel. The little ex-Governor may be par doned for addressing the people of Georgia in these terms. His obvious conviction that he Is the impersona tion of law and evenly balanced jus tice is just one of those manias pe culiar to men who have tasted the dangerous fruits of political power. In vain we might remind him that "equal protection by the laws” is as much—no: more—desired by those who oppose him than by the 7,000 faithful who accept him as the em bodiment, of righteous government. lied over into next year. It’s getting more and more hazard ous to lend money to careless and im provident tenants and croppers to raise cotton to buy bread and meat. It’s a bad system for all concerned, and the sooner it is done away with, the bet ter for the farming interests—the real farmers, who make their own living and raise tHeir own supplies. The Bouth has had some good years and is more prosperous—the farmers who have raised tl.elr own living can hold their cotton for fair prices and until the war Is over. But the tenant and cropper who has borrowed money to raise cotton to buy bread and moat is going to find it hard to continue the system another year. It never has been profitable to him.. And this year it hasn’t proved profit able to the lender of the money. Less of It Is going to be done next year. Hats that are classy: The Dunlap $5.00 The Dorr $3.50 The Young $3.00 DORR Good-Taste Apparel Safety First WHICH? are you looking for Bar gain Counter Glasses, are you willing to wear cheap glasses just because they are cheap, do you consent to having your eyes tampered with at the risk of their Permanent Injury. Then this message is not for you. But if you value the Precious gift of sight, if you wish to retain it, if you Appreciate skill, then it Is for you, and you are asked to come wiiere Absolifte Accuracy, in cor recting eye defects, is placed above every other Consideration. We take as much interest and pride in fitting glasses to the face as we do In fitting lenses to coiTect defects, frame fitting is an art, you get thd best here. PROF. P. M. WHITMAN, Assisted by Mr. L. A. Williams, Optometrists Rnd Opticians. 214 Seventh St. Established 1888. But at least, his opponents can earn estly and heartily join with him in the prayer with which he concludes liis address to the people of Geor gia : "May the future be replete with happiness and prosperity for all our people, with all classes vying in the protection of lives and common rights.” The River Swamp Chill and Fever Cure sE'S 7 s -””"™~i?.SVSS& X-XJS most obstinate cases of Chills and Fever. Price, 50c bottle L. A. GARDELLE, Druggist SCHOOL BOOKS NEW AND SECOND. Buy Pads, Pencils, Ink and Pens as adopt ed by the schools. We have tliein all. School Books sold for CASH only. R-ichards Stationery Company War| Map iJyCoupon Latest European War Map Given by THE HERALD to every reader presenting this COUPON and 10 cent* to cover promotion expenses. BY MAIL—In city »T outside, for 12c. Stamps cash or money order. This 1* the RTGOEST VALUE EVER offered. Latsst 1914 European Official Map (3 colore)-Portmlti of 16 European Rul* era. all statistics anu war data—Army, Naval and Aerial Ftr-ngtii Populations Area. Capitals. Distance 7 .' between a.D. hVoO.s rs Nations Involved Previous Decisive Battles. Histjry Hnrtis Penes Conference National Debts, Coin Values. EXTRA 2- f°i? r V 5 of . Involved European Capitals and htra pocket * 1,87a Locations. Folded, with handsome cover to fit the , THE AUGUSTA HERALD FRIDAY, SEPTEMBER 11. | AUGUSTA HERALD. August Circulation, Daily and Sunday Herald, The circulation cf the Dally and Sun ■ I day Herald for the month of August, ; 1914, was as follows: • ■ 12,032 17 17.610 2 15,010 18 12.4C5 2 11,802 19.. .. .. .. 12,538 4 12,404 20 12,593 5 13,022 21 12,795 0 14.865 22 13.065 7 13,043 23 14.335 8 16.441 24 12,605 9 14.905 25 12,745 10 18,018 -6 12,740 11 18.CSS 27 12,855 12 18.711 28.. ' 12.885 13 15.834 29 13.075 14 18.763 30 11,880 15 17.702 31 13,07/ 18 11,635 Total August <43,928 Dally Average 14,320 The Augusta Herald, Oally and Sun day, has a circulation In August: ap proximately twice as large aa that of any other Augusta newspaper. Adver tisers and agencies Invited to test the accuracy of these figures In comparison with the claims of any other Augusta newspaper. Going to Build? If bo, get the right ma terial and right price. Lumber for rough or finished stock. Mill work or estimates are all carefully supervised by officers of this company, and you can make no mis take in sending the busi ness here. SASH, DOORS,BLINDS, SCREENS,MILL WORK Let ns know your wants by mail or telephone and we will do the rest. The Perkins Manufacturing Co, Phone No. 3. 620 13th St. FORD IS THE CAR The Wife and Boys and Girls can drive as well as the men. See Lombard.