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TUESDAY, NOVEMBER 17. REPORT OF MR. IRVIN ALEXANDER, RECEIVER OF ISO AMERICAN BUI Makes* a Detailed Statement to Judge Henry C. Hammond of the Receipts and Disbursements. For First Time Exact Amount of Deposits Known and They Were Nearly Half Million Dollars. Mr. Irvin Alexander, receiver of the Irish American Bank, has submitted a report to Judge Henry C. Hammond, covering the entire period of his service. Nearly one year ago the Irish Am°riean failed and ns both Judge Hammond and MV. Alexander realized the great inter est in Augusta, and this section of the country in the receivership matter, they decided that a full and complete state ment of the condition should be made. The report sliows for the first time the exact amount qf the deposits of the bankrupt institution and they foot up to $461,532.12, not including certificates of deposit, amounting to $11,139.93; de posits not verified of $8,590.95 etc. The largest single indebtedness to the Irish American Bank is in the form of an overdraft of tlie Industrial Humber Company for $200,000. Jas. P. Arm strong, cashier of the defunct bank was president of the Industrial. This con cern also went into bankruptcy and is now in the hands of a trustee appointed by the United States court in South Carolina. The report of Mr. Alexande contains no intimation ag to how much on the dol laf will be paid to depositors and credit ors because the receiver cannot tell, as yet. He is suing on many notes and using every possible means to collect what is owing to the bank. The report ha® been filed with the clerk of court. THE REPORT IN FULL. Mr. Alexander’s report is as follow’s: State of Georgia vs. Irish American Rank. Richmond Superior Court, Mar. Term, 1914 —In Equity. Report of Irvin Alexander, Receiver. The report of Irvin Alexander as re ceiver of the Irish American Bank, re jßpectfuily shows: I—On January 26th, 1914, I was ap pointed Receiver of the Irish American Bank in the above stated cause, with di rection to fiie a bond in the sum of $50,- 000.00: and the order of appointment di rected me as receiver to deposit all funds belonging to said defunct bank in the National Exchange Bank and the Union Savings Bank. On February 2nd. 1914, after having filed the bond required and taking the oath of office, I entered upon the dis charge of my duties as receiver, and took over from the bank examiner of the state of Georgia and Charles Neville & Company, who had been employed by the state bank examiner to check th« books and perform the duties of the state bank examiner up to the time of my appointment as receiver, all of the money which had been collected and all of the assets of the bank. From that time on I have bent every effort toward the col lection of the notes and overdrafts due to the bank, and the following is a con densed statement of receipts and dis bursements of funds coming into my hands up to November Ist, 1914: RECE IPTB. Prom Charles Neville * Co., collections made by them, Including the t cash balance in the bank at the time the doors were closed on Dec. 13th. 1913 - * i’Txl I? From sales of veal estate 4,730.00 From rents - ; 2,914.28 From other banks, being balances In their hands due to the Irish- American Bank at the time of its failure 1.201.77 From attorneys and magistrates, collections by them on notes which had been turned over to them prior to the failure of the bank 1.500.31 From notes collected by receiver 24.817.01 From interest due on notes, and otherwise 1,127.81 From overdrafts * Q'12.49 $4’,686.33 disbursements. State and county taxes for 1913 ... ....$ 643.44 Collection expenses, Including fees retained by attc/rncys on collec tions of notes placed in their hands before the failure of the bank 675.42 Advertising sales insurance, etc 80.30 Court costs and costs paid Bailiff for serving notices for suits 302.00 Maintenance of building, Including electric lights, coal, repairs and tanitor’s service ... * 969.25 Fxoense of checking deposit books and clerical service to receiver.. 2,059.25 Cost of real estate in Edgefield County, S. C., bought by receiver to nrntect judgment of foreclosure 984.25 General expense account. Including $1,012.00 paid to Charles Neville * Company who were employed by the Bank Examiner before the f s appointment of the receiver; and Including also premium on re-'' reiver’s bond of $250.00 ... ......... 1.615.3, Cash on hand in bank, including time certificates of deposit 34,337.05 2—lt is proper to cay In explanation of the size of the expense account that In the item "General Expense Account appears a payment of to Charles Neville & Company. This is a firm of certified accountans placed tn charge of the affairs of thebankby the Btate bank examiner at the time the bank closed its doors. Neither the re ceiver nor the court is responsible for this but It seems to have been incurred by operation of law. My information Is that these accounts were to report upon the solvency or insolvency of the hank, and upon their report of its in solvency the attorney general behalf of the State of Georgia a bill un der which the receiver was appointed. Clerical Services Large. The clerical services are large for the reason that it took one man familiar with banking to check the deposit books against the books of the bank. Mr. Von derlieth was engaged In this work, and was steadily employed from the time the bank examiner took charge up to the first of September. The books of the hank were in such condition that pro gress was necessarily exceedingly slow. In many of the accounts checks which were drawn against deposits, and which of course should have been charged against the depositors, were by error entered ss credits Tt was only by careful and painstaking work that the pass books held by depositors were properly checked and the amount of de 'boeite correctly ascertained. In addi tion to the services of Mr Vonderlleth the receiver, with the consent of the court also employed Mr. J. C. Wienges. all of whose time was employed in waiting on creditors of tbs ba.DK And keeping the books of the receiver. It was necessary to have an expert for this purpose because the receiver himself was not a bookkeper, and did not know how to do the work; and besides this it was not contemplated that the receiver should he at the bank at all times dur ing bank hours, as wt| Mr. Wlsnges. S—ln addition to tht cash statemsnt ss shown above I also beg to report that additional collections were made from parties who owed the bank, but who also at the same time had deposits In the bank. These deposits of course were offset against the notes, and while they do not appear in the cash statement no cash having actually passed, all such transactions are shown by Journal en tries. and the Indebtedness due by the bank to depositors has been decreased accordingly. *200,000 Overdraft. 4— The assets of the bank not yet con verted into cash conslat of a claim of some $240.00000 against the Induatrtal I.pmber Company, which Is in the hands of a trustee in bankruptcy appointed by the United Mtsea court In South Carol ina, and is in the form of an ovfS'draft various notes aggregating the face value of I»0.000.00, some of which are In suit and some of which are about to be sued; other notes In the hands of attorneys employed by the hank before It closed its doors aggregating some 150,5*4.11: sev eral lots of land in Nalllevllla, a suburb .in• the city of Auguata, which have not 'yet been sold: and some 200 seres of land In Edgefield County, South Caro lina, bought by the receiver In October at public sale under the direction of th» court, whloh was brought to sale under foreclosure of a mortgage thereon. $95,- $46.21 of notts are pledged with the banks for collateral security on Indebt edness due them. The Bank building itself stood in the name of the Realty Investment Com pany. This company borrowed from tlm Northwestern Mutual Life Insurance Co. $25.000.00. giving a security deed and receiving hack a Bond to Re-convey. This bond was transferred by the Realty Investment Company to the Irish Am erican Bank, and by the bank trans ferred and assigned to the Citizens Southern Bank to secure certain in debtedness due by the Irish American Bank. As the indebtedness for which this bond was given to secure is in ex cess of the value of the equity repre sented by the bond, I do not consider that the hank has a very large interest in the building. The Citizens & South ern Bank has already taken a judgment of foreclosure, and the property will doubtless be sold in January. For this reason the Bank building is not listed as on asset of the Irish American Bank. Bank’s Liabilities. 5 The following statement shows ap proximately the liabilities of the Irish American Bank, off-set, however,, as hereafter explained, to-wit: Due to banks for money bor rowed before the failure of the Irish American Bank, hs shown by the receiver’s books $ 91,863.71 Collections for correspondents made by the Irish American Bank the day of its failure and not remitted 485.10 Outstanding checks 10,478.49 Cashiers’ checks 2,839.00 Certificates of deposit 11,139.93 Accounts payable 1,196.54 Due to depositors (these have been verified by checking each pass book carefully).. 461.532.13 Deposits not verified 8,590.95 $588,127.84 Certain Indebtedness Reduced. The indebtedness due to the banks, as shown by the first item, will of course be reduced, for the reason that all of these banks have collateral in the shape of notes which have been trans ferred as security. Some of the security has been collected, but the receiver is not advised at present of exactly how much. 6lt is impossible at this time to esti mate just how much more cash will be realized by the receiver on the assets now in his hands. The experience he has had up to this time has shown that some of the notes which he expected to get are not collectible, for reasons which have appeared in each instance, and on the other hand he has collected money on some notes which he had no •reasonable expectation of collecting. The same will be true of the notes remain ing In his hands, and no estimate could be formed by any one inspecting the notes of Juet what their value will eventually be. 7—-Shortly after taking charge of the affairs of the bank I arranged with the two depositories designated by the court for interest on my deposits, and under that arrangement I was allowed three per cent, on daily balances. Home two months ago I was able to purchase certificates of deposit for $31,000.00, bearing five per cent, interest. inter est, therefore, received from these de posits, while we are awaiting the oppor tunity of a dividend, will reduce to some extent at least the expenses. The law provides that at the first term of the superior court in each year the receiver shall make a detailed state ment of all receipts and expenditures; and at the proper time I shall do this In the meantime I deem it advisable that this report be made In Wder that the court and the parties Interested may be advised of the progress which is being made. I regret that the costs of administer ing these assets have been so large. I have endeavored In every way to hold them down to the minimum. The class of assets and the condition of the hooks of the bank were such that it has been impossible to reduce the expenses be low vhat are shown. There Is no way to properly place before the court the difficulty under which I have labored and the many trying circumstances which I have had to meet. It 1s im possible, however, to say at this time whether the remaining notes will be col lected, or when I will be In a position to advise that all have been collected which can b«. Respectfully, IRVIN ALEXANDER, November 16th, 1914. Receiver. JAPANESE PIN CUSHJON FREE Given Away With Ten Cent Purchase of Tuxedo Tobacco. Every lady in town ought to be “stuck on" this pin cushion offer by the American Tobacco Company. To start with, the cushions are the neat est novelty seen here In this line. They are shaped to represent cunning little Japanese tea pots, with a handle by which the cushion can be hung up against the wall In a convenient place. In addition, from the smoker's point of view, when he buys a tin of Tuxe do he is getting the full worth of his dime In the most popular and delight ful smoking tobacco on the market. Every smoker knows "Tuxedo Pro cess.” Tuxedo Is made from the high est grade Kentucky Hurley, treated by ths original Tuxedo Process so that It absolutely cannot bite the ton gue. This fragrant tobacco is equally good for pipe or cigarette. Inasmuch as the dealer’s supply of these clever pin cushions Is limited, It is advisable for you to make your Tuxedo purchase as soon as you see the sign In the dealer's window. Only one cushion to each purchaser of a ten cent tin of Tuxedo. HO BOH 1130.000.000 COTTON LOAN Secretary M'Adoo Says Only $4,000,000 Remains to be Subscribed. Much Better Feeling Now Apparent. Washington—Secretary McAdoo re iterated today that the $185,000,000 i cotton loan fund lias not been aban doned and characterized predictions that it was likely to fail as ema/iating "undoubtedly from certain selfish in jtoreHtN opposed to the fund.” | "The required subscriptions," Mr. McAdoo said, were almost complete, and it is expected that a definite an nouncement will be made within the next few days." He added that while the business situation had greatly improved, both he and members of j the federal reserve board were con vinced the fund would be of great I benefit to the whole country. “The general belief that the fund | would he successfully raised,” said j Secretary McAdoo, “has been a eon [trlbuting factor in creating the im j proved conditions and greater confi dence which now prevails, particular ly in the cotton market.” Between $3,000,000 and $4,000,000 i still remains to bo raised among northern hankers, particularly in New England. If they fail to subscribe banks In southern states will he asked to meet the deficiency through their northern correspondents. BATTLESHIP OR SUBMARINE, 11. S. Early Conference Between the Secretary of Navy and Chair man Padget for Bill in Dec ember Session. Washington, D. C. —Secretary Daniels and Chairman Padgett of the house na val affairs committee arranged today for an early conference over the naval ap propriation bill to be acted upon at the December session of congress. Air. Padgett said he did not know what the battleship building program would be. “I do not know whether it will be one, two, three or four,” he added. Some of the members of the commit tee have expressed an inclination toward the building of more submarines and tor pedo boats rather than an increase in battleships. President Wilson lias in dicated there would be no change from the two battleships’ program, of last ALLOFNORTHSEA A MILITARY AREA London, 3:15 p. m.—Premier Asquith stHterl in the house of commons to day that the British government had decided to declare the whole of the North sea to be in the military area. All the subjects of the enemy found on neutral vessels, the prime minister said, would Vie liable to detention as prisoners of war. Mr. Asquith also announced that oil and copper would be declared contra band of war. $41,686.33 S. A. NEUTRALITY AND THE U. S. Washington,—Questions of neut rality of South American counties do not concern the United States in a strict sense, President Wilson de clared today. He expressed the hope that assurances of neutrality given by Ecuador and Colombia would be sufficient to satisfy Great Britian and Prance, which contend the Herman fleets have been receiving aid from Ports of those nations. 1 CENT MORE FOR EACH GLASS OF BEER. London, 5 p. m—David Lloyd-George chancellor of the exchequer, proposed in the House of Commons today, an additional duty on beer of 17 shillings, three pence per barrel. This is equiv alent to about one cent on each glass. JUDGMENT* AFFIRM ED. Albany, N. Y.—The Judgment con victing John N. Anhut of attempting to bribe Dr. John W. Russell, former superintendent of the state hospital for the Insane at Matteawan, to bring about the release of Harry K. Thaw was affirmed by the court of appeals today. MUBT OO THROUGH MALB. London. —An Amsterdam despatch to Reuter's Telegram Company staes that a German official communication an rouncea that the gemsal commander of the seventh army corps of Munster. Westphalia has Issued an order prohibit ing the transport to Holland and vies versa of letter* or other written commu nications other than through the post. DEAD AT THE AGE OF 113, Wheeling, W. Va-, Nov. 17—Mrs. Sarah Brandon, known as the “mother of the civil war" died at her home In the southern part of Belmont County, Ohio, last night at the age of 11J years. Her death resulted from a broken hip sustained five days ago. MEXIC BULLET HITS WOMAN. Nsoo. Arizona. Both the Maytorena and Hill forces resumed firing early today and a stray bullet, flying over the American border, struck Mrs. A. P. Krohn, wife of a Southern Pacific Railroad official In the head. Th« wound Is not serious. IDLE REPORT. Washington,—President Wilson to day characterized as an idle invention a report that American Ambassador Gerard would resign his post in Ber lin as a result of his defeat In his candidacy for the United States sen ate from New York. Overcoats $7.60. SIO.OO, $12.50, $16.00, wool, made stylish F. G. Mertins. .nt AUGUSTA HERALD. AUGUSTA, GA. " CARRANZA'S 01 CONDITIONS FOR RETIREMENT Mexico City Papers Publishing President Guiterrez Telegram Approving them. Think Under standing Beached for Peace. Washington.—Secretary Bryan an nounced today receipt of a message from American Consul Silliman at Mexico City, saying the newspapers there hud published the text of a tele gram from General Gutierrez approv ing the conditions set by General Car ranza for his own retirement. Mr. Silliman reported that a tele gram from General Carranza to Gen eral Gonzales, which was transmitted to General Gutierrez, stating the wil lingness of the first chief to deliver the executive power under certain conditions, also was published. Mr. Stillman’s dispatch made no mention of Just what the conditions were. Both to Leave Mexico. Secretary Bryan sdtd he had no ad vices from any other source to show what, stipulations finally had been agreed upon but that there had been discussion in previous dispatches of the wish of Carranza that he and General Villa leave Mexico. When the cabinet met It considered these latest phases of the situation. The feeling of officials was that an understanding had been reached which would bring peace. In some quarters it was suggested that Carranza's conditions of retire ment would not be made public and that Gutierrez actually would not be Installed into office In Mexico City until both Carranza and Villu had left the country. 0. S. TO HOLD VERA CRUZ COIN The Several Million Dollars Collected in Customs Not to Be Turned Over Until Later. Washington.—The United States will hold the several million dollars In cus toms collected at Vera Cruz until a stable government 4s established In Mexico and will not turn it over to the French bondholders. President Wilson said today the money would he delivered to neither faction In Mexico under present con ditions and indicated that, only a gov ernment recognized by the United States would receive it. He felt that responsibility for which faction gels control of Vera Cruz after Its evacua tion by American troops does not rest with the United States. No confirm ation has been received of reports that Villa had promised to leave Mexico. TO WE ID URGE;' NO ID Resolution Attacking Unaffili ated Unions in Modified Form, Passed at Labor Federation Convention. Philadelphia.—The resolution which Samuel Uompers, president of the American Federation of Labor, at tacked In convention yesterday as a declaration of war on the railroad J brotherhoods and other unaffiliated i unions, and which was re-committed to the committee on organization, wasl again reported today in modified form and adopted. Instead of instructing the executive council to organize unions In those organizations which refuse to affiliate with the federation the resolution was amended so as to Instruct the executive council to "in vite and urge” all unaffiliated national unions to Join the federation. Heavy woo! ghlrts SI.OO to $2.50, all shades. See them at Mertins. tuhtloose REGIONAL GASH Washington.—Plans for Increasing the wealth of cash and extending the operations of tbe twelve regional banks Were before the federal reserve board today, as telegrams continued to ar rive, telling of ihe successful opening of the institutions. The board of of fldnls had asked for reports of the rediscount business done by each hank and observation of the first week's op eration of the system may result In augmenting the bank’s cash by more than $150,000,000. The j.lan under consideration Is the transfer to the regional banks of much -of the loose cash in the treasury and most of the government funds deposit ed In national banks. Secretary Mc- Adoo has not yet determined to maka those changes, but If the first week's business shows that the banks could employ more money probably the board will suggest that he act. A 8 COMMERCE RAIDER. London, S: 19 a. m Dispatches stat ing that the German auxiliary cruiser Berlin has appeared st Trondhjem, a seaport of Norway, probably Indicate, according to the Underwriters, that she is endeavoring to escape from the North Sea to act as a commerce rai der, • 10 per cent off on lists, Glovts, Box, Underwear, Men’s Pants. Boy's Butts and Pants, etc. F. G. Mertins. RUSINESS MEN OF AUGUSTA SAY THE WAV TO MAKE BUSINESS GOOD HERE IS FOR SOME COTTON TO BE SOLO Augusta Now Has 140,000 Bales in Stock, Worth $5,000,- 000 at the Present Prices. Only One Third of Cotton Received Has Been Sold. SAY COTTON A YEAR FROM NOW MAY NOT BRING ANY BETTER PRICES THAN NOW Claim That If There Had Been No War and Price, by Reason of Enormous Yield, Had Dropped to Eight or Nine Cents Would Have Been Same Cry Raised As Now. Sell Some Cotton and Business Will Open Up. That cotton should be sold bf people who owe money, and there are few who don’t owe it, —is the belief of many cotton men and merchants of Augusta. There are also a consider able number of farmers who believe in this idea and they have sold ail, *>r large portions of their crops. A prominent cotton man pointed out, in a talk with a Herald reporter, that the real cause of the depression as not so much the fact that cotton Is low but that little of it is being sold and very' few people are paying their obligations. This gentleman said that if all of the cotton now in Augusta and territory adjacent to Augusta was sold at a figure around eight cents, busi ness conditions would be about as good ns they were last year, for this year’s crop is much larger than last year’s. It will he recalled that with a goo'i price for cotton last year much money had to be used in payment of debts of the year before. However, last fall and winter were considered pretty good by the business community. Augusta has received over 200,000 bales of cotton this fall and has sold about one-third of It. Last year tehe had received about the same amount up to November 15th and had sold over two-thirds of it. Over 140,000 Bales Here. There are more than 140,000 baled of cotton in Augusta right now being held, presumably for higher prices, an I it is the judgment of prominent cot ton men and bunkers and merchants that if this cotton was sold conditions would be better at once and the de pression would largely disappear. If this cotton was sold $5,000,000 would be turned into the channels of trade, assuming that the cotton would bring as much as seven cents per pound on the average. Augusta will get 200,000 additional bales or more (luring the remainder of the fall and winter and at. $.”.5 per bale, or seven cents per pound, this AUGUSTA’S INDUSTRIES ONDISPLAY MAKE SPLENDID SHOWING TO DRIVE HOME PRINCIPLE OF LIVE AT HOME Exhibits in Broad Street Windows Are Interesting and Instruc tive, Farming an Industrial Exposition Worthy of Serious Attention of All Augustans Product-; in Wide Variety to be Seen. Among the nuSo than three dozen in dustrial displays of Augusta industries In the show windows along Bread street, not a one that is not Interesting , and sonn- that are Instructive the whole serving to convey as nothing else could the meaning to Augusta of her slioi s and mills and factories, and to impress upon the buying public the practicability of Living at Home. The first, automobile tire made In Au gusta Is to he mcn In the show window of A. (j. Rhodes K Hon Furniture Com pany. It was made by Augusta’s new est manufactory, the Southern Tire & Rubber Company, which has Just com pleted a p'ant here, which with its equipment represents an investment ol $75,00(1. "Made In the Land of Cotton.’’ the trade-mark, appears In raised letters on the tire- it non-skid, 8 4x4. This com pany will begin within the next few days to manufacture automobile tires of all sizes for th market. A statement made by the Southern Tire & Rubber Company in connection with the display Is to the affect that If all aulomohlllst* of Angus® used August '-made I|r-n, $100,040 that now goes away from Au gusta annually would b* kept at home Another New Industry. In the show window of the Green & Horsey Drug Company a most, interest ing and Instru-tlve exhibit Is made by the Magno a Film Compuny. makers of moving picture films. Nine thousand feet of film made In Augusta, of Au gusta scenes and views, are shown, and In addition, a heaver hoard mat on Which are mounted pictures showing the evolution of the moving picture Indugtrv —from Edison's fAst studio lo the mod ern studio with Its modern producing and developing plants Unexposed nega tives, developed negative# and a finish ed picture are likewise shown. The Magnolia Film Company, which ,s own-I and operated by Augusta peopt -. .Makes moving picture films hare In Aug'i'r'.t f'»r educational Industrial and -om- r-'.il purposes, and expects (fitter to l-rotl'lC*) moving plitnre plays, Pooular Thirst-Quenchers. Crowds have been attracted by the er nlblt ot the Chero-Coln Bottling Com pany, in the show window of the Stand srd H tonic Hhoe Company’s store A Chero-Cok, bottle suspended In the air foitns a pSpetuolly flowing fountain, the liquid pouring Into a gloss which never fills The background Is mad- up of a speculative number of bottles of C,riero-Co a and advertising novelties of she company. In fact, ladtl-s of f’hero- Col ■ fill the window, and two prises a handsome ladle offered hv the Chero- Cola Buttling Company and s pair n! shoes Offered lo 'he Standard Sample Hhoe Company, will b* given away at the end of the week. Another popular thlrsl -quencher - Rltidwlne made by the Ifludwlne Hot t ing Company forms sri attractive ex hibit In the show window of the Men ter Company. This company will also give swsy a prize. $5 00 In gold, Rt the end of Live at Home Week. At C. D. Kenny’s store the Augusta Brewing Company makes a display of thslr products Bell- of Oeut'gls, Double Brew, Malt Toni-, Aubrew-o and Up per Ten Glnget Ate A Novel Exhibit. Dhutrstlng the use of elscttrlc pow er the Augusta Vlkcn Railway K Elec, trie Corporation has demoted one of the show windows of Its Broad Street offl-s to-an exhibit that Is novel, A minia ture factory has been constructed from msehanloil to ye. the wheels of which are driven bj a 1-60 horsepower rnot'R - , A 1-80 horsepower mote la also shown in th» window together witli an electric peculator, an electric tosstsr and an would mean the turning loose of $6,- 000,000 more. The 65,000 bales already sold averaged seven cents per pound, which amounts to about $2,250,000. The* total value of the cotton Augusta has | and will receive, at present prices, is between $12,000,000 and $15,000,000, and business men say there would he no depression if the cotton was sold, and even if half of it was sold there would be very little depression. Say Sell 50 Per Cent of It. In answer to the argument that if all of the cotton was sold the prices would go down to 5 cents per pound, the cotton men answer that if only 60 per cent was sold it would be an j enormous help. Leading Augusta bankers and bush; ness men constantly refer to an inter view in The Herald of recent date from Mr. E. K. Boisot, vice president I of the First Trust and Savings Bank | of Chicago, who advised that the far mers sell their cotton and take their j losses, or at least sell enough to pro tect their creditors. Mr. Boisot said that few people calculated the coat of carrying charges, lie said there was j interest, storage, insurance, decrease | In weight, etc., to he considered and j with no guarantee that one year from j now cotton will bring any more than! it is bringing now. He said do not | let this year’s crop pile up on next year’s crop, adding to the already large surplus. The duration of the war is so indefinite, argued Mr. Boisot, that,] a year from now may see cotton at the same price as it is now, or lower., Cotton men say that If there had 1 been no war and cotton had dropped to eight or nine cents because of the: enormous crop this year, the same cry I of hard times and business depression would in* raised They also contend jLhat times would not be so hard now if the people who owe money would sell their cotton, or at least a half of their cotton, and apply the money to the liquidation of debts. electric flat lion. ’’Do It Lie tvh ally" Is ilie slogan In cc-trl-aly lighted Id lers In Ihe background. Cotton Mill Exhibits. The hundreds of people in Angus's who know only In h general win that cotton goods are manufactured I" Au gusta and vicinity will do well to visit the displays of-products of four Augus ta cotton ihIIIh shown Iri the windows of the J It. VVlilli) A- ' 'ornp" ay Depart meat Store, which enl-rprlslng and pvo gresnlve concern has with the proper co-operative spirit, given over most of Its display spue- in the handsome show windows to exhibits of Augusta-made goods licit* ths products of the Grun- Itevl Is ManufHct"!lng Company at Granltevllle and V.m-h c. H <’.. tin l-Hirgley ManufactuVlng Comp; ny, at Langley and Bath H. Ihe Fdilerprlso Mill and ihe Hlhley Mill are shown. The Hioley exhibit Includes Augusta mad- she-llng. Whipcord, ratine crush, shepherd checks, drills, cheviots, colored goods of a wide xurlety arid paper fif ing novelties. Grey and finished goods Ihe goods as turned out by the mil's and the product ifter tt Is finished In mills In the blast - ape shown b\ ihe Granltevllle Muniifu-lnrlng Company. The Enterprise Mill exhibit* In-huh-e homespuns, drills, sea Island all heavy goods. The bnng.cv Manufacturing Company's exhibit--of AugtiNla-made products after they huvo been finished In the K st- Is of n wide vsilety. Including a number Of A Sure Winner The man who sees the days ahead and provides for them; —the man who is not caught nappinK or found wanting when Opportunity comes;— the man who has ready money v/hen needed; —the man who SAVES, is the man who will win crut In the end. A few dollars deposited in this bank every week will give you confidence and enable you to meet success half way. Open an account today and be the hus bandman of your own fortune. samples which are attracting attention. Some very pretty pieces are shown. “Get the Habit.” "Get the Habit” is -the slogan at the O a onnoV-Schweers Taint Co., whose windows are this week given over to displays of Augusta-made paints and A ugusta-made mantels. At the store of L. P. Speth one targe window is given over to exhibits of the South Carolina Pottery in North Au gusta flowers, jars and jardlnerers of all sizes and variety—and of the Au gusta Broom Wtfrks—dozens of Augus ta-made brooms to meet any house keeper's requirements. At the monument the Georgia Vitri fied Brick ('lav Company makes an exhibit of Augusta-made sewer pipe. In the window of The Herald office op posite the monument, the seme concern shows some of their Augusta-made brick—paving brick, five brick, chemical brick, cupola and block brick. To add a touch of real beauty and to blend the artistic with the industrial, the floral exhibits that of Stulba’ Nur sery at Levy’s. Balk’s Nursery at Mer tln’s, the Boatwright. Floral Company at the Richards Stationery Store, Central Garden at Andrews Brothers—have elicited mans 1 exclamations of delight from the hundreds of* women -and men as well, but particularly the women who perhaps can better appreciate the most beautiful things-who have made the rounds of t.hc exhibits. One of the many attractive window displays of Buy-at-Home. Liv<e-at- Home. Made-nt-Home Week is tbit of Tant & Co.. 629-31 Campbell street This flVm handles a superior quality of fresh meats, bought at the Augusta Stock Yards, killed at the Augusta Abhatoir and sold under government inspection. The sausage department is open to in inspection and al! Augustans are cordial ly Invited to call and see the exhibit of fresh meats, etc., shown in their front window. These exhibits here mentioned fovm only a small portion of the industrial show. Attention will be called to others in tomorrow's Herald. But of course everybody in Augusta who has not al ready seen them Is going to make the rounds and view them all. BIG FIRM SAYS COLLECTIONS OF INTEREST GOOD That interest on farm loans ts being collected In no excellent manner and that the farmers have come forward promptly in most instances, to pay their interest is the statement of Al exander-! ioorlwtn-Duvall Co., repre sentatives of big loan companies, both domestic and foreign. Information from other lenders of money on farm lands Is also to the effect that the collections have been good. "The farmer who owes money and the principal of which is due this fail is not asked for it,” said Mr. H. H. Alexander, "but we, of course, expect interest on nil ionns paid and It la bring made In a most gratifying man ner. which Is a good indication that business is not nearly so bad as some people picture It. Our books of farm loans ar< remarkably clean consider ing the alleged business depression." Alexander-Goodwin-Duvail Co. hava over $6011,000 loaned on farm proper ties In Ibis section. HOTEL ARRIVALS Hofbrau Hotel. Mr. and Mrs. \V. A. Wooten, city; iJ. L. Tteynohlf, S. U.; R. E. Rey nolds, B. c\; T. Amici sou ami wife, N. V. Plantcrc Hotel. ...I. McCllnche, Gu.; B. II Harper, Edgefield. S. N. H. Riley, Bos ton, Masu.; I . T. Palmer, Langley, hi. C. Albion Hotel. VV. B. Howard, Va.; R. Hyrtch, N. t’.; J. It. Watts, Atlanta, (Ji.; .1. E. Earle, Chicago, 111.; M. M. IbiplUns, Savannah, Ga.; VV. G. Sli"ldler, Savannah, Ga.; A. H. C’od lngtcr, S. c.; c. Thurman, 6a.; B. A. Itousel, N. Y. ■ .1. Twler, Ga.; J. 11. Gurtnuny, Gn. ; E. S. Moore, At lanta, Ga.; A. VV. Johnson. Atlanta, Ga.; A. VV. Johnson, Atlanta, Ga.; K. E. Fond, Columbia, S. O. P. Chandler. Gsnesta Hotel. H. J. llnhn, I’a.; .1. S. Kennerty, S. I’.; Miss C. Mush; Miss K. Mass; Mlsa T. Reid; O. T. (lacker, Atlanta, , Ga.; P. N. Humphrey, N. C.; J. TV. h'owlke, Columbia, H. t'.; W. E. ' Jones, Ga.; H. Latte, Ga.; T C, [crawford, Ga.; L. P. James, Colum bia. PUza Hotel. F. F. Tcnn, Atlantu, Ga.: G. B. Bunks, Os.; H H. Btcclbrldge, Ga.; G, bJ. Dickson, Ga.; L. A. Lrhrull, Ga.; C. Clayton, G.; Mrs. VV. Gclsen, N. .1. ; Mlhs M. Jones, N. J.; G. A. Seymour. Atlanta. Ga. The following gentlemen are attend ing the IJ. S. Court here; Messrs. Charles A. Akerman, Alexander AWer niun, John C. Heckle, E. H. Colley, J. S. Davis, Cook Clayton, K. L. Riley and John M. Booker. SEVEN