The Augusta herald. (Augusta, Ga.) 1914-current, September 18, 1914, Home Edition, Page SEVEN, Image 7

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FRIDAY, SEPTEMBER 18. AOGOSTA BANKERS NOT MUCH SURPRISED AT FAILURE OF SMITH AMENDMENT IN THE NATIONAL HOUSE OF REPRESENTATIVES They Recognize That Effort is Being Made to Build Up Fed eral Reserve System By Offering Emergency Currency As Inducement For State Banks to Join It. Augusta bankers are not very much surprised at the house committee on banking and currency rejecting Sen ator Hoke Smith’s amendment to the Aldrich-Vreeland act permitting state banks to participate in the emergency currency. The Smith amendment had already passed the senate. One banker said Friday morning that he thought the reason for not allowing the state banks to partici pate, .unless they join the federal re serve. is because of a desire to build up the reserve system. There are 28,000 banks and trust companies do ing a banking business, in the United States and not over 8,000 are mem bers of the federal reserve system. Thus the amendment to the Hoke Smith amendment in the house for state banks who desire to secure the emergency currency to join the fed eral reserve system within six months, was done for the explicit .purpose of holding out an alluring proposition to induce state banks to come under the federal system. Once under this sys tem the state banks, while not com pelled to surrender their state char ters, would have to comply with the rules governing national banks. Whether any Augusta bank will join the federal reserve system in order to get emergency currency is not known, but it is not considered likely that any of them will. The following Washington corre spondence tells the story; Washington.—Senator Hoke Smith, after agreeing reluctantly to accept an amendment to his amendment to the Aldrich-Vreeland currency law, whereby state banks availing them selves of the emergency currency act, as proposed, shall expressly obligate themselves thereby to Join the new federal reserve system within six months, closed an argument in favor of the amended amendment before the house committee on banking and cur rency that not a few believe may swing tie committee to a favorable attitude toward the proposition, de spite the pronounced opposition of Chairman Carter Glass, who hereto fore has dominated the committee all but entirely in its actions. While this new amendment admit tedly will relieve the cotton situation in the South only partially, if adopted, it will be a victory for Senator Smith and Representative Thomas W. Hard wick, who have exerted every effort to get the law thus amended. Both Senator Smith and Congressman Hardwick made earnest and detailed pleas for this little relief anyway for the farmers of the South, and if they win, in the face of determined oppo sition, they will have overcome appar ently insurmountable odds. These two congressmen have carried the burden of this fight alone. No other Georgia congressman appeared before the committee to lend a hand. Accepted as Compromise. Both Senator Smith and Mr. Hard wick preferred very much to take the senate amendment just as it came to the house, and without the additional amendment compelling the state banks to join the federal system be fore they can avail themselves of the emergency currency provisions, for they fear this additional amendment may keep a number of state banks from taking advantage of the propo sition that otherwise would, still it was so plain that the Smith amend ment was doomed unless this clause was tacked on, that both men stood for it as the best they could get. It is hoped, but not positively known, that this additional amendment may dissolve the opposition of Secretary of the Treasury McAdoo, and if it does, that will mean the measure as a temporary matter of relief, not en tirely satisfactory then, but as worth trying out. One of Secretary Mc- Adoo s objections to the Smith emendment was that It took away from the present law one of the big inducements to the state banks to come into the federal system. It is by no means certain that the senate amendment even as further amended, will get a favorable report and pass the house, as Chairman Glass shows no signs of weakening, Out, be that as It may, it is but the honest truth to say that both Senator Smith and Mr. Hardwick have done yoemen’s service in trying to get for the South even the little concessions this measure contains, and, whether they succeed or not, they will be given credit for undertaking strenuously to get all that looked as If it might be secured In the circumstances. Other Bills to Be Heard, If this act becomes the law, state hanks may avail themselves of the right to issue emergency currency to cover their present and future de mands, all within the terms of the present federal law, of course. The committee is not likely to re port on this matter for several days, and maybe for a week or two, and In the meantime there are several other hearings on bills now pending, among them being the bill of Representative Henry, of Texas. While a brave fight will be made for this measure, very few are sanguine enough to think that ll will pass in any shape. Congress evidently has up Its mind that it can do practically nothing to re lieve the cotton situation, and there seems no chance of a Change of heart taking place. The Aldrlch-Vreeland act expires by limitation next July, and all of these provisions suggested by Bena tor Smith and Mr. Hardwick will ex pire with it. whatever they are, of they are adopted. As conditions nor mally obtain In the South, there would be a heavy Inflow of currency to the banks at this time and a little later on, and It Is to meet In some degree this shortage of currency that the proposal Is made to permit the state hanks to avail themselves of the set In question. There still Is much bit ter and vehement opposition to the amendment, even as proposed, to be amended, as It may not pass In any even, but a hard fight has been made Jot It. nevertheless. If adopted, It irm mark the very limit of enngres atonal action to relieve the cotton sit uation. >• Get Jt our «uit from Msrtins. REPORT SALE OE 033 BALES ootton Quoted at 8 7-8 Cents For Middling. Receipts 1,576 Bales. Cotton Being Sold Gradually. i Cotton was quoted at 8% cents per pound for middling again on Friday. The sales of the previous day, as re ported on the board Friday morning, show 633, which is considerably lar ger than the day before. However, cotton is being sold gradually, and not precipitately, so that the market will not be depressed by too many sales. The cotton factors are almost a unit in declaring that at least one third of the crop should be sold. They say that with the coton green and heavy 8% cents per pound is a very good price. They think, how ever, that two-thirds of the crop should be held. The receipts of the previous day, re ported on the board Friday morning, show that the cotton received was 1,576 bales and the following rail roads brought it to the city: Georgia, 255. Southern, 270. Augusta Southern, 48. Augusta-Aiken, 14. Central of Georgia. 32. Georgia and Florida, 125. C. and W. C„ 282. Atlantic Coast Line, 408. Wagon, 142. “MOVIE” PRICES AT THE GRAND Manager Richard Tant, of the Grand, announces that there will be plenty of seats in the balcony and gallery of the Grand for the coming Paramount pictures at popular prices, 10 and 20 cents. Don't be frightened off by the 25c boogerboo. That applies only to the seats in the parquet. It is believed that the 10 and 20 cent seats will be the more popular. There are a great many people who prefer ,to see moving pictures from the bal cony, apart from the consideration of price. Children will be charged 10 cents all over the house at matinees. However, considering that Para mount Pictures are shown all over the United States at 50 and 75 cents, Au gusta ought to be willing to pay a quarter for the privilege of viewing them. It is generally understood that these Paramount Pictures are something in the way of moving pictures the like of which has never been seen here be fore. They are the very last word 1n movies. They are produced and put on by such men as Belasco, Frohman, and all the big producers in the coun try and are enacted by all-star casts composed of the most talented and best-known actors and actresses on the stage. For this reason they are the most expensive and the best moving pic tures in the world. Mr. Tant has arranged to put them on in Augusta every Monday and Thursday night, except when a regu lar engagement Interferes, In which ' case they will be shown the night pre- j ceding or following. It Is a feather in Augusta's cap to have these pictures here during the winter, and It reflects great credit On Mr. Tant for his en ergy , and Initiative In securing them. It is a great satisfaction to see some thing that you know Is the very beat, beyond which there is nothing. They will be all feature plays. The first performance will be next Monday, 3:30, matinee, and 8:30, night. TO BE ROSH HASHANAH SERVICES ON TWO DAYS D. Leo Reich Will Preach Sun day Evening and Monday Morning There will be Koah Hashanah ser vices at the Telfair Street Temple on Sunday night next at 8:30 o’clock, and at 10:30 Monday morning. Dr. Leo Reich will preach on both occasions. Mr. Robert Irvin will be the organist. The subject of the evening discourse will be "Are We Our Brother’s Keep er?” with reference to the present war. Text: Genesis, fourth chapter, tenth verse, "What hast thou done? The voice of thy brother's blood crteth unto me from the ground.” BALLARD & BALLARD JOIN BUY-ABALE MOVEMENT. BUY A BALE. Mr. R. L. McCreary, Dear Sir:—We want every Georgia employe of the Ballard Mills to buy a hale and do It quickly. The good people of your state have hit on a very happy plan and we must show our appreciation of the enormous business Georgia gives us. We hope they will get out a "Buy-a-Bale” but ton and that every cltlxen In the state will wear one. Do sll you can to boost the Idea —It’s a good one. Store the ootton for our account and draw on us for Its value. Yours truly, BALLARD & BALLARD CO. Uneeda Biscuit Tempt the appetite, please the taste and nourish the body. Crisp, clean and fresh. 5 cents. Baronet Biscuit Round, thin, tender— with a delightful flavqr —appropriate for lunch eon, tea and dinner. io cents. Graham Crackers Made of the finest ingredients. Baked to perfection. The national strength food, io cents. Buy biscuit baked by NATIONAL BISCUIT COMPANY Always look for that Name. DEATHS BIGNON, MISS ADELLE S—Died yesterday afternoon at her resi dence, “The Pines,” Walton Way, The Hill, at 12:15 o'clock after an extended illness. The funeral services were conducted this af ternoon at 4 o’clock from the SL Patrick’s f'hurch, Rev. Father Mc- Mahon officiating, and the Inter ment followed In the City Ceme tery. Deceased Is survived by her sister, Mrs. James P. Doughty, and her brother, Mr. Joseph H. Blgnon. McCarthy, WILLIAM P.—Son of Mr. and Mrs. Joseph McCarthy, died last night at 10:45 o’clock at the residence, 1045 Broad Street, In the first year of his age after an illness of three months. The funeral services were con ducted from the residence this afternoon at 3 o’clock, the Rev. Thomas Walker officiating and the Interment followed In the West View Cemetery. A Strange Woman y WtWfTi V^x&SuHimV- j* Hvir * .pfora^^flK^ i^flcC2f'7«^ MRS. MONA DIMOND The most wonderful trance clairvoy ant and spirit medium that ever cam* to this city I* consulted dally on love affairs, lawsuits, marriage, divorce, bus iness matters, Investments, speculations; tell* you the time when to buy or sell property; brings about your heart’s de lire In a very short time; tells your name in full, also full names of friends, enemies rivals; she never falls to re unite those that are separated. Tells yo't whom and when you will marry Of evert: also dste of marriage Hetties lover's quarrels, family troubles. Inter prets dreams, restores lost affections, and accepts no pay unless perfect aat- Isfaotlon Is given Mona Dumond succeeds even In the most difficult cases, where cheap pre tenders, weak or half-developed medi ums have completely failed One visit to this remarkable woman will more than convince you that she Is truly a great adviser, and worthy of your confidence. Hours: 9a. m. to 8 p m. Spec la i readings 5* eenl* and |I.M. fxtralsd In strictly private home. 1107 QREENE STREET, Near Eleveirh. Positively no Letters Answered. CLOSED ALL DAY SUNDAY THE AUGUSTA HERALD, AUGUSTA, GA. QUAKER OATS CO. BUT 411 BILES OF COTTON Each Southern Representative Instructed to Buy a Bale at Ten Cents Per Pound---Have Also Ordered Enormous Quantity of Cotton Sacks Mr. Frank W. Coffin. Augusta rep - resentative of the Quaker Oats Com pany of Chicago, received a letter Fri day morning from his home office in structing him to buy a bale of cotton at 10 cents per pound. Mr. Coffin immediately made the purchase. Every representative of the Quaker Oats Company in the Soutlj, probably about 400, has been instructed to buy one bale of cotton. The letter to Mr. Coffin also stated that the company had decided to use cotton bags instead of bags of Jute and had ordered a large quantity of cotton bags made for them, 1,000,000 of which will be delivered at once. This will help increase the demand for cotton goods and Is the beginning of a movement to have every possi ble article that lias been placed in jute or other kinds of cloth sacks placed in cotton sacks. If every householder would demand that every purchase be enclosed in cotton sacks, where cloth sacks of other materials have been used in the past, the demand for cotton goods would increase enormously. IN CITT COORT Last Two Criminal Cases Dis posed of This Morning. Court Adjourned Until Monday The case of the State vs. Ben. C. Inglett, charged with carrying a con cealed weapon, resulted in a mistrial, after the Jury had remained out on it all day Wednesday. He was repre sented by Abram Levy. J. M. Dunn was, yesterday after noon, found not guilty of receiving stolen goods. R. E. Hutchinson pleaded guilty to the charge of abandonment of child, and was placed under a suspended sentence of twelve months. Katie Collier, tried on a charge of Helling cocaine, was found guilty with recommendations of mercy, and was this morning sentenced to eight months. W. T. Smith pleaded guilty on two charges, carrying concealed weapon, tind carrying a pistol without license. He was sentenced to serve six months on the first charge, and three months on the other. Alfred Thurman and Eugene Powell, charged with larceny from the house, were sentenced to Hix months each. Gordon Ware, charged with drunk enness on a public highway, was found not guilty. In this morning’s session two cases were heard and disposed of, which finished the criminal docket, after which court was adjourned until Mon day, September 21st, when civil cases will be tried. Alvin Rogers was found not guilty on a charge of pointing a weapon at another. Joe Perkins was found guilty of drunkenness on a public highway and sentenced to three months. CITY BRIEFS A meeting of the civil Bcs-vtce com mission has been called for tonight at the fire department headquarters, at which all routine business will he dis posed of which has accumulated since the last meeting the early part of this month. A special meeting will be held next Monday night to hold examinations of applicants for the position of probation ers In the Augusta fire department. Those who pass the eaxmlnatlon will lie put on the eligible list to fill vacancies winch may arise in the department. Yeslcvday afternoon at about 8 o’clock an emergency call reached police head quarters that there was a negro dying In the tralrished at the union depot. The wagon went to the scene immediately, mut the negro, George Coorper by name, was found to be beyond help. He was strleken with a hemorrhage, and bled to death before medical aid could Veaoh him. * The deceased lived in Moßean. Oa, and was an i tnployee of a wholesale liquor house In the city. HOTEL ARRIVALS Hofbrau Hotel. R. J. Ryan, Savannah; 3. 3. Wil liams, Jr., city; D. J. Morlarty, At lanta; B. sh Phillips, Atlanta; 3. M. Beach, Macon. Genesta Hotel. W. O. Coles, Atlanta; L. R. Myera Chicago; E. E. Polk. Pennsylvania; J. E. Watnak, city; P. Kuhr, Wilmington, N. C.; C. Glover, Atlanta; J. A. Folk, Brunswick; O. V. Hoke, Charlotte, N. C.; W. E. Gantt, Jr., Charlotte. Albion Hotel. J. Kantroversky, Kentucky; J. J. Lawton, South Carolina; 3. W. Pur dar. Sparta; 3. L. Reaves, Columbia; 3. H. Orlander, Oklahoma; J, H. Ho gan, East Point; J. H. Craig, South Carolina; T. B. Tamer, Savannah; A. Goldberg, Atlanta. Planters Hotel. B A. Sullivan, Laurens, 8. C.; A. M. Timmerman, Edgefield; G. W. Stack; H. Soloman, Atlanta. SAVANNAH PASSENGERS WATCH SCHOONER SINK Savannah, Ga.—Passengers of the Savannah line steamer city of Bt. Louis which arrived last night from New York, gave a graphic description of the sinking of s schooner, said to he the Frederick Day, off Charleston yesterday afternoon. The schooner seemed to be anchored when the St Louis slght-d It, about 2 o’clock in the afternoon, and sank so quickly that those on hoard ware horrified. RESUME WORK ON IRE POSTOFFICE Workmen Were Stopped So That Piles Could Be Tested. Is Expected to Proceed Rapidly From Now on. Work was resumed on the August i postoffice Friday morning. Several tlaysago a telegram was received from the treasury department to stop work until the piles that have been driven could he tested. However, the piles have not yet settled enough for test ing and will not be for a week or ten days. They will be tested later. Work Is expected to proceed rapidly from now on. UNIQUE ENTERTAINMENT AT GREENE STREET PRESBYTERIAN The men of the Greene Street Pres byterian church, under the name of the Layman's Fo-operatlve Association, de lightfully and artistically entertained in the Sunday school rooms of the church Thursday evening. Musical milliners were rendered by Mrs. J. Hardwick Jackson, Mrs. R. K. Whaley. Miss Mabel Abernathy, Mr W. P. Manning and Mr. 13. K. Gibbs. Refreshments w urn served by the men. among thoss serving In this ca pacity being Messrs. Newton Rave, Earle Hollingsworth and Mr. Spencer of the Y. M. <’ A. The affair was planned by the social committee of the association, composed of Messrs. R. K. Whaley, and G. H. Clark and M. F. Leary. $1.50 New Shirts, at Mertins.’ tins critical period of llirir young Uye*. Thousands of mothers avoid the dang-TH, restlessness, and suffering of teething time with TEETHINA (7*<a«f hing Powder* ) A prescription oaed regularly by Dr. C. J. Moffett, a Jefforson Medicul Colleoe graduate of Philadelphia, in hi* own successful practice for over 40 years. He always considered ft bis beet prescription remedy for cholera-lnfantum, cholera morbus, colic, worms, dysentery, diurrhona and other dread ed ailnieut* uncommon mnong infant sdurinu teeth ing time, 'feethina wan found to help the child, making teething easy and relieving the mother ox many anxious moments andaleey- muiiji nimiuiin iiiiiniciiLi, lean mghta. Held by ft i druggists 25c. *T\J If you ran not w* « obtain Tee th I n a 'V from your druggist, don't send us sny money s but writ* us your drus- tt gist’s nam® snd we will ■ »•« that yon sr® supplied. V Cl. M.fsi SL Un». h jwij 4 \ j The South’s Largest Shoe Store —■ ... i .in i . - -—— ii ii-ii■———— Offers For Saturday Samples of various Standard Brands, including Stetson, Howard and Foster, Beacon and Barry Shoes, $4.50, $5.00 and $6.00 values, at tPL^t/D LADIES’ STYLISH FOOT WEAR Newest and correct snappy styles, in proper footwear, for all occasions, can be found here at prices that suit. $.‘1.00 and $.‘5.50 values, all styles and leath- QC era, at X **/D Our school shoes for children are warranted for their comfort, style and wear, at prices that will surprise you, which means a great saving and less worry to you mothers. It will pay you to inspect our large stock of Fall Shoes for the entire family, whether you wish to buy at present or not. So Why Pay More 958-960-962-964 BROAD STREET. HURT IN PLACE TREAT! * v BETWEENWARRING NATIONS IN AUGUSTA, GEORGIA Don’t Smile When You Read This, For it is Not Out of the Bounds of Possibility-- If War Ends in Winter Time and Treaty is Signed in America, Then Why Not Come to Au gusta? It Is not oufcaicl*' of tho bounds of •possibility for the treaty of peace be tween the warring nations of Kuropo to be signed in Augusta. At first blush a great many people will im mediately declare such a thing ns so absurd that no newspaper would print it, even as in the remotest de gree possible. However, if the treaty is signed in the winter time, as is probable, and the United States is selected as the place, then what is more natural than for the envoys or peace commission ers of the warring nations to select the delightful climate of Augusta or Home other city in the South, rather than the rigorous climate of New York or Washington. A prominent Augustan, with ad vanced ideas as to Augusta's promt- $2.50, $3.00 and $3.50 Never Bought So Much Shoe Satisfaction R. L. GARRETT, M|?r. We Give Purple Stamps. 730 Broadway Such values as have nev er been equalled before in the entire south. $4.00 and $4.50 values in Black, Tan, Vici, Velours, new Louis and Kidney Ileel, also military heels,, in Mat. and Cloth tops, (I*o to be sold at . . v«*OD ALWAYS WATCH OUR WINDOWS. SSeSieti&to/ Store Lately Occupied by S. H. Kress A Co SEVEN nence as a health resort, said today that if the treaty was signed In the United States in the winter time then either Augusta or St. Augustin®, Fla., would lie the place. And why tint Augusta? Th® treaty nf peace between England and th® United States was signed in Ghent, Belgium, in 1814, and the treaty be tween Russia and Japan was signed at Portsmouth, N. H., so why not let's have ’’The Treaty of' Augusta,’* which would lie the most famous ‘reaty In the world because it would bring to an end the most awful con flict in the history of the world. The Bon Air, the Hampton Terrace, the Partridge inti, and the local com mercial hotels could accommodate th® peace commissioners, secretaries. In terpreters. etc. $2.50, $3.00 and $3.50 represent many a man’s or woman’s price. These shoes themselves prove their own value. Just watch how surely you will “come back” for your second pair of our $2.50, $3.00 and $3.50 Shoes for men and women. J 3 j \ Lr T— —J 300 pairs samples in all leathers, $3.50 and $4.00 values to be sold