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PAGE TWELVE THE ATLANTA DAILIES. (Continued from Page Nine.) bilities, but Seely has shown us that they are not. No broken eggs appear, and yet the Georgian serves up omelettes. What the Georgian knows or believes on the vital issues affecting the Government and the people, is a profound secret locked within the peaceable breast of the office cat. Great economic questions, great industrial problems, great financial puzzles, may present them selves, and may ask the Georgian which road to take; but the Georgian’s reply is the elo quent silence of the Sphinx. At present, our Georgian is virtually say ing to the heated Constitution and the angry Journal, ‘*Keep cool, Brethren, keep cool!” With a tract in one hand and the olive branch in the other, Seely is bent on peace at any price, and repeats the bland, soothing admon ition, » “Keep cool, Brethren—keep cool.” If the Jeffersonian’s memory is to be relied on, the Georgian itself kept mighty cool dur ing the campaign last year, when the issue was, “Shall the State of Georgia enjoy Home Rule or shall it continue to be one of the prov inces which Wall Street Republicans pillage through the machinery of the Democratic Party?” But the Jeffersonian cannot help admiring the skill with which the Georgian keeps its careful feet off the eggs. * M * Felonious Banking. Most lawyers would tell' you that the rela tion between Banker and Depositor is that of Debtor and Creditor. But really the Deposit is a Trust Fund which must not be used for any other purpose than that contemplated when the deposit is made. It is understood, of course, that the bank may use a certain percentage of deposits in making legitimate loans. But the implied conditions of the contract are that the bank shall be ready at all times to return the mon ey to the depositor, when he needs it. The bank which cannot do this, is “a busted bank,” and must go into liquidation. If the failure is an honest failure, no crime has been committed. The Trustee who loses the estate is not criminally responsible for trust funds lost through providential cause, or lost from any cause in which no moral turpitude is involved. But suppose a Trustee, in possession ot trust funds, refuses to surrender them when legal demand is made, and when in law he should surrender possession. Suppose the Trustee converts the funds to his own use, or permits some one else to do it—he is then guilty of Larceny after Trust. Now the position of the Jeffersonian is this: A banker who does not go into liquidation, AN OLD POP’S SPEECH. Tn 1904 a substantial farmer of Indiana printed and distributed 5.000 copies of a little speech which is so full of good, plain common sense and valuable truth, that The Jeffersonian republishes it for the benefit of its readers. Mr. A. W. Ross, the author, handed out the 5,000 copies himself. Indi ana paid no heed to the speech then. Read in the light of present events, new bond issue, nasty little clearing house certificates, law-defying bank practices, and universal fear which soon gave birth to universal panic. The people of Indiana, and of every other State, may pay rather more at tention to what we have been trying to tell them than they have heretofore been willing to do, but who continues to do business, receiving de posits, making discounts, etc., and who refuses to pay the Depositor his money, on demand', is a criminal. He has converted the money of the depositor to some other use than that contemplated by the implied contract. His refusal to honor the check of the depos itor, while still running his bank, as a solvent bank, IS A CONVERSION, which amounts to Larceny after Trust. M « Honor 'Roll. J. Sam Chapman, Crawfordville, Ga. J. R. Pounds, Ocoee, Fla. Jesse Beall, Buchanan, Ga. A. H. Riley, Carsonville, Ga. A. M. Ballew, Hale, Mo. Miss Susie M. Yarborough, Spring Vale, Ga. R. M. Harrison, Lockesburg, Ark. W. P. White, Meigs, Ga. J. S. Mason, Milford, Ga. (To Be Continued.) * « Editorial Notes. Sy J. D. Watson. Now that there is little chance of the New York Republicans endorsing Secretary Taft’s candidacy, those who favor a third term for President Roosevelt are beginning to get busy. As unsettled as things are at this time, there is no telling what changes may take place in a few’ weeks. The President’s message to a new Congress will soon be known and upon the contents of that message and the actions of Congress much will depend. The Republicans may enact reform laws that the people are now demanding, thus knocking the props from under the Democrats; but if they fail to do so, the Democratic party can win in 1908, unless the party is controlled by the Eastern conservatives who ought to be in the Republican party where they belong. * t Another coal famine is threatened >in the Northwest, which means that the price of coal will be increased. Within one week Pittsburg concerns alone, have turned down orders for more than 500,000 tons, in spite of the fact that premiums were offered for prompt delivery. It is the usual lack of railroad facilities that is the cause, and, as the season when shipping can be done, by water byway of the Great Lakes is about ended, the people of the North west are at the mercy of the railroads to keep from freezing to death. To the people of the West and Northwest the railroads say we can not move your gram or deliver your coal to prevent your freezing Quitman, Ga., Nov. 19, 1907. At a regular meeting of our county Union, we, the members, resolved that we recommend to our national execu tive committee that our constitution be amended so as to admit old sol diers as honorary members of the Farmers’ Educational and Co-Oper ative Union of America, and to have these published in the Jeffersonian and Union News. WILLEY LEWIS, Chairman; J. H. WILLAFORD, E. F. PURVIS, A. J. JOHNSON, G. B. Oliff. Committee. FOR SALE Fine registered Bull, three years old. Also some heifer yearlings and salves. J. G. B. ERWIN, SR., Fairmount, Ga. WATSON’S WEEKLY JEFFERSONIAN. Watson’s Jeffersonian Magazine Edited by TH OS. E. WATSON Published Monthly. Price $1.50 Per Year. Thia h a high-class monthly, beau tifully illustrated and printed, car rying Mr. Watson’B “The Lite and Times of Andrew Jackson.” It la filled with the most excellent literary and historical contributions. The press of the nation pronounces it "one of the best” of the monthlies. You should read it Address JEFERSONIAN, Thomson, Ga. One should never trust a woman who tells one her real age. A woman who would tell that would tell, any-' thing. because of the heavy demands by the South for cotton movings. To the people of the South they say, we can not move your cotton because of the heavy demands of the .West for grain movings. So it goes. But before the people are made to suffer as they did during the last coal famine, let’s persuade Mr. Roosevelt to run a few trains guarded by United States troops. R What is the use of kicking up so much racket because the words “In God We Trust” have been omitted on the new “Gold Eagle”? To those who take this omission seriously, President Roosevelt’s explanation ought ,to be satisfying. But the average person cares nothing about what is on the coin so long as it has the: government’s stamp. He wants it for what it will buy for him and nothing else. Hundreds of thousands do not know that the omitted words were ever on a coin. Give them the coin, with or without the words, and they are satisfied. It is the coin they want and need. It is reported that President Roosevelt will recommend to Congress a law establishing Postal Savings Banks. If Congress puts this recommendation into law we will have banks in which the depositor can deposit his money and get his money back when he wants it in stead of a shabby slip of paper that may be worthless. * The New Jersey Supreme Court has sus tained the Jersey City “no seat, no fare” ordi nance. • This means that when a passenger pays his fare to ride on a car he is entitled to a seat, and if he can not be furnished a seat the road has no right to collect a fare from the pas senger. Following closely the New Jersey decision, the Georgia Court of Appeals has handed down a somewhat similar decision, but not so broad as that rendered by the Jersey Court. When a railway company takes a fare, it contracts to furnish the person who pays the fare a seat and the contract should be ful filled or a part of the passenger’s money re funded for he is not getting what he has paid for. • n Suit against 69 railroads and shipping com panies is to be brought at Cleveland, Ohio, and it will affect most of the railroads and shipping companies in the eastern part of the country. It is claimed that this suit will prove a collusion in violation of the Sherman law that will involve many roads. The Sher man law is so deficient that it is not likely the railroads will suffer to any great extent. REAL ESTATE Frank C. Davis Company, 825 Empire Building, Atlanta, Ga. We sell farms all over Georgia. If you are in the market, it will be to your interest to see us. Our long ex perience in the business, puts us in touch with a great many people in search of homes. If you have a place for sale, we can find a buyer, If the price is reasonable. 6 miles from good railroad town, fine neighborhood, 170 acres good land, good Improvements, 60 acres bottoms, don’t overflow. Now rented for >450; S2O per acre. 1-2 mile from Decatur, Ga., on one of the best streets, 9-room house and 10 acres of fine land, front beautifully shaded with large oaks, good out build ings, fruit, garden and pasture; $6,000 will buy this and It is a great bargain. If you want it see us at once. "We sell farms.” Let us know your wants.