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PAGE SIXTEEN FLAGRANT INJUSTICE TO WASHINGTON. The \ailroad Commission Sustains the Ga. R. R. in Its Unjust Claims Against Washington Compress. One of the most striking evidences of Washington’s need for better railroad facilities and competitive freight rates was afforded in the de cision rendered by the R'ikoad Com mission of Georgia in the case of the Washington Compress company ver sus. the Georgia Railroad. The case which was taken up bv the local compress company, through their attorney, Hon. F. H. Colley, be fore the railroad commission, grew out of the charging of an additional 4 ‘local freight rate” on all cotton that vas floated into Washington for compression here and from this point to go out to the ports or inte rior mill points. This additional lo cal rate was not charged in the cases of Covingto i and Athens, towns that are similarly situated to Washington in regard to cotton collection, but with the exception that both of the above named cities have competing transportation lines. It was the contention of the Georgia Railroad in the hearing be fore the railroad commission held several weeks ago, that in the cases of Covington and Athens they di 1 allow cotton to be floated into these cities without an additional local freight rate because they had to meet competition at these points, but in Washington they monopolized mat ters, be ; ng the only connecting rail road, and they didn’t have to meet competition here, hence they would exact every penny that was coming to them, regardless of the enterprises that would be throttled by such arbi trary practices. After practically a month’s de lay, the Railroad Commission of Georgia has notified the Washington Compress company of their decision in the matter which sustains the point of the Georgia Railroad. In explaining the delay the Railroad Commission cites the fact that final determination of the matter has been delayed thus far “in the hope of finding some way in which it could biing about some improvement in the present adjustment of things for the benefit of your people.” Despite the fact that the commis sion has cherished itch a fond hope of ameliorating the local conditions, by its decision which has just been made known to the local company, fully 15,000 bales of cotton will an nually be diverted from this city which means a loss from the chan nels of trade from this one source alone of nearly $5,000. —Washington Reporter. PARCELS POST? OH, NO; NOT WHILE LITTLE OLD ADAMS EXPRESS CUTS MELONS A MILE THICK. New York. —When John Wana maker was postmaster general he said the only reason this government did not operate a parcels post sys tem was the fact that the express companies were opposed to and able to prevent such action. Why they are opposed to it is explained clear ly enough by the monumental divi- WATSON’S WEEKLY JEFFERSONIAN. dend of 200 per cent or $24,000,000, declared by the Adams Express com pany. In the last ten years stockholders in that concern have received divi dends aggregating 376 per cent. The regular dividend for many years has been 8 per cent excop in 1898, when it was reduced to 4 per cent. The reason for the reduc tion was that in 1898 the company declared an extra dividend of 10 per cent. Inquiry regarding the company here shows it to be one of the mos shrinking of enterprises. Corpora- tion books of reference say it i “a voluntary association formed in 1854.” The authorized number o' shares is 120,000, but they have no designated par value. Wall stee l , for its purpose, assumes them to have a par value of SIOO. The organization operates exprrs routes m some 35,000 miles of rail road. The officers are: Presdeot. Levi C. Weir, New York; vice-presi dent, W. H. Damsel, Chicago; secre tary, Horatio H. Gates, New York, and treasurer, Basil W. Rowe, New York. Instead of directors the as sociation has a board of managers, the best known member of which is Chas. Steele, a partner in the fi m o' J. P. Morgan & Co. The 100 per cent dividend of 18 8 was in the form of collateral trust debentures drawing 4 per cent inter est and falling due in 1948. Th ■ present dividend consists in handing to stockholders collateral trust 4 per cent distribution gold bonds, payabl in 1947. The surplus of the co 1 - pany as it accumulated has been in vested in securities, and it is claimed their earnings, as well as the income of the company, have served to pile up the $24,000,000 fund which is now to gladden the hearts of the stockholders. A report has been published that the interest on the bonds would be paid from the receipts of the ex press company. When President Weir was asked about it he smiled and said: “The bonds will board themselves. The interest upon them will be met by the income from the securities deposited with the Standard* Trust Co.” Asked to reply to the ciiticism th” t tlm existence of the great surplus was an indication that express charges have been excessive, he said the big fund was explaineel by the fact that the company has been in existence over 50 years, and that it also has been very fortunatepn th? investment of its surplus earning . The market value of Adams Ex press -company’s stock is a little ov er S3OO a share. Stirred by this bonanza, the stock holders of the United States Express company have also hit the trail for an extra dividend. A committee of the stockholders has issued a circu lar that is the beginning of a sur plus exceeding $8,000,000 that has been piled up by that company.— The Atlanta Journal. There is no reason under the sun why Chicago should not become the greatest ballooning center on th*- globe. We’ve got the wind.—Chica go Inter-Ocean. Two $350 New Upright Mahogony Becht Pianos—FßEE In Even Exchange for the TWO OLDEST PIANOS in the State of Georgia. OUR REASON We are desirous of obtaining the two oldest pianos that are in actual use in Georgia for exhibition and advertising purposes, and in order to se cure them we make the above liberal offer. There are hundreds of old pianos in actual use in the state and the owners perhaps have no idea how old they are. This will be an opportuni ty to secure a beautiful $350 Becht Plano. It costs you absolutely nothing to enter your piano in this contest. THIS IS ALL YOU WILL HAVE TO DO-—READ CAREFULLY. First—-Any old Piano is eligible. order to be sure that no mistake Second—But It must be in actual will bv made, we will send one of use. our experienced representatives to # examine each and every Piano Third—No Piano that has Deen that in our estimation appears to be stored away can be entered. the oldest. Fourth —As Piano dealers we are in Fisth —If the names of two or more possession of data that will enable Pianos are sent, in and each appears us to some extent to judge by the to be very old, we will be the sole number and name of each ’THano judges as to who shall be awarded sent in about how old it is, but in the New Brecht Piano. (J.) THE FOLLOWING 8 QUESTIONS MUST BE ANSWERED FULLY. Mail us this coupon for your answers: What is the name of your Piano?.... How long have you owned it? Where did you get it? Is it a Square, Upright or Grand? What is its number?.... What is your name? What City? Street number? The numbers of Square or Grand Pianos are usually found under the strings on the sound board. I; an Upright Piano, raise the top lid and the number is usually on the pin block. In case you cannot find a number «e will serd some one to look for it, on request. N. B.—Of course it is understood that there can be only two winners in this contest, but in order not to disappoint any one. we will offe a special proposition for a Becht Upright Piano in exchange for the old square. Let us acquaint you with this offer. BECHT PIANO CO., “ r ~FREE Win PIIPED samples'. SAMPLES Oft L L B ft r£ ft FREE Write at once for samples of our mammoth 1907 line Os wall papers. Largest and finest stock south to select from, ranging in pdee from 4c to $5 per roll. We save you 50 per cent from regular retail prices. We also make a specialty of high-class decorating. Estimates furnished on out of town work. imp °o t bbers < " I) WILLIS WALL PAPER CO. We have Everything for your C omfort During the Hot Weather. REFRIGERATORS ii . Good V ci]lies, $7.50 to SSO Porch Swings $3.90 to $4.50 | Porch Rockers hG LL >■ 1 sl - 75 to $$ ■ I Hammocks MB rail Ice Cream Freezers, Water Coolers, sl-25 to $5 Lawn Swings, * v $7.50 L. * Furniture W; Rucjs wß|s SIL •' ’ft’ Sa Art Squares wß' i[ Carpcts it ßib Matting '"Nv 'lff House Furnish- BB; -- ings i- - - M Money Saved on Ev- MB ■ lyra| erything Purchased J ■ Os US. •ft . X 3 Wg have a liberal 1 CREDIT SYSTEM W if Cash is Not Con- ven,ent - Alarm Clocks, BALDWIN AIRTIGHT. Special Value 75c NEW HOME HOUSE FURNISHING COMPANY 66 and 68 N. Broad St. Phones: Bell, 1681; Atlanta, 2465.