davidaulloa/AmericanStories huggingface dataset:
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1908-05-05
FLAWS \. Y. COTTON EXCHANGE

A partial report of the workings Of
the New York Cotton Exchange was
submitted to President Roosevelt yes
terday by Commissioner of Corpora
tons Knox. This report grew out of
an investigation of cotton exchanges
in general ordered by resolution of
Congressman Livingston, of Georgia,
ably seconded by Congressman Bur-
Lesson, of Texas In obedience to that
resolution, which was first directed
against the New York Cotton Ex-
change but later broadened to cover
all cotton exchanges, representatives
of the department visited the leading
cities in the cotton belt, including New
Orleans, Savannah and Galveston.
The only complaint had been against
the New York Exchange, which cotton
growers generally held responsible for
depressing the price of the staple,
though dealings there were never
made in the expectation of receiving
desirable or desired cotton.
From a reading of the first install
ment of the report, it is evident that
the Commissioner has pulled the mask
off the New York Cotton Exchange and
let it stand in its colors before the
country. While the facts as published
were all we'll known to many, yet
there had been no official utterance,
and when the officers of the institu-
ton explained" a good part of the
public were left in doubt Such ig-
norance and uncertainty need no Ion
ger exist, as an authoritative utterance
has been given out.
By the findings of the Commission
vantages of New Yorks location, de-
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1908-05-05

err, the charges against the New York
Cotton Exchange, as being a gambling
institution pure and simple, and as
being able to depress the price Of
contracts, and Indirectly of spots, are
full sustained 1t is shown that the
very foundation of the dealings in
futures in that market is an arbitrary
one and one highly prejudcial to ev-
erybody except the insiders. Grade
difference are arbitrarily fixed twice
a year, one of the changes lasting for
ten months. Buyers of contracts are
practically sure of being supplied with
understandable cotton, in the rare
instances where the. actual cotton is
received.
In reply to the claim made by the
New York Cotton Exchange that it
cannot exist if compelled to carry
on its transactions on a spot basis
that is with the real commercial grade
prices as a basis the Exchange could
not exist-the Commissioner fails to
see any damage to legitimate business
which would result should the Elk
change close.
While it is perhaps too late to get
any kind of a bill through Congress
at the present session, the report of
the Commissioner will form fine ba-
sis for action at the next session.
The following are striking extracts
from the report of Commissioner
Knox:
Fixed differences are an attempt
substantially to render future tran
sactiOns a sure thing" for a limited
class of speculative experts. The sys-
tenn amounts to an attempt absolute
ly to fix prices-an economic absur-
dity. The relative values of different
grades are as much subject to the
natural laws of supply and demand
as the value of middling cotton it
self, and it is as unreasonable to at
tempt to fix one by the fiat of com
mittee as it is the other.
by compelling operators in futures
to consider probable conflicts be-
tween the two sets of differences, as
we'll as possible variations in the
price of middling cotton itself, an
unnecessary increase in trading risks
is introduced. This is clearly an
evil The system results in shifting
the burden of risk from a limited class
of experts to a nOn-speculatiye class,
or to those ignorant of the working
of the system. A premium is thus
put on intelligence applied to artificial
conditions, which of course is of no
service to the public, rather than on
intelligence applied to fOrecasting the
actual conditions of supply and de-
mand.
at is contended by many that such
return to the cOmmercial-di difference
system would because of the disad-
stroy the business of the New York
cotton exchange. There is little rea-
son to believe that any such result
would occur. However this may be,
the New York system of fixed differ
ences in unecOnOmic, in defiance of
natural law, unfair and, like all
other attempts to defy natural law,
results in such complex and devious
effects that the benefit of it's stransac-
tions accrues only to a skilled few"
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1908-05-05
SCIENCE PREVENTS Badness.
The Fatal Germ and It's Remedy Now
Facts of Science.

It is the rarest thing in the world for
a man to be necessarily bald. No man
whose hair is not dead at the roots, need
be bald if he will use Newbro's Herpi-
eide, the new scalp antiseptic. Herpi-
eide destroys the germ that cuts the hair
off at the root; and cleans the scalp of
dandruff and leaves it in a perfectly
healthy condition. Mr.. Mannett, in the
Maryland Block Butte, Mont, was en-
tirely bald. In less than a month Herpi-
eide had removed the enemies of hair
growth, and nature did its work by COW
ering his head with thick hair an inch
long, and in six weeks he had q normal
suit Of hair Sold by leading druggists.
Send 10c. in stamps for sample to The
Herpicide Co., Detroit Mich.
Davenport Drug Co. Special Agents
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1908-05-05

Chancellor Day of Syracuse Uni
versity, has taken up the Big Stick
to punish the members of the senior
class who criticised the removal of
Dean Kent, of the engineering de-
partment. Strange that he should
follow Roosevelt even to that ex-
tent.
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1908-05-05

Gov. Hughes may triumph in his
anti-race track legislation in New
York. The forgery by a Western IN
ion operator of the word mot" in a
message to Senator Cassidy caused
the latter to give the deciding vote
against the bill. This trick has been
exposed and the vice of race track
gambling seems yet doomed in the
Empire state.
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1908-05-05

The Sunday Dispatch is a new pub
LEGATION for Cordele. Messrs. Alvin
Roberts and J. B. Smith being the edi-
tors. 1t is an SPACE paper, and is
well gotten up. Its editors are capa-
BILE newspaper men and will no doubt
make a success of the new venture.
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1908-05-05

From Atlanta comes the report that
Hon. Seaborn Wright is supporting
Hoke Smith on the promise that
should there be a vacancy in the
Senatorial duality, that he would be
the appointed This is one of the
pledges Gov. Smith feels he can make
without much danger of being called
on to make good
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1908-05-05

Rockefeller refused to dig up $500
for a sword sent to him from Eng
land by a woman, adm which was said
to have been carried by one of Crom-
wells soldiers. Your Uncle John
is not so easy as all of that. Besides,
he says he is not collecting an arse
nal
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1908-05-05

Without even consulting the Georgia
Railroad Commission, the Interstate
Commerce Commission is reported to
be favorable to allowing the railroads
to raise freight rates. And to think
that the Interstate Commerce Commits
sion should consider such action when
Our Hoke" is about to save the peo-
pie of Georgia $4,OO0,OO0 in freight
rates. But it will give Hoke a new
excuse for not having made good
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1908-05-05

The calmness of the Atlanta Geor-
gian is maddening to the Smith
crowd. At a recent meeting of the
Hoke Smith Travelling Mems club a
resolution was adopted that a com
mittee be appointed to find out if the
L. & n railroad owned $50 shares of
stock in the paper. The fact that the
Georgian refused to fall down and
worship the golden calf is an unpar-
dOnable Offense.
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1908-05-05

Senator Jos. w Bailey has won out
in his fight in Texas. The chief charge
against him was that he was mixed
up with the Standard Oil Company. 1t
was one of the bitterest contests of
the kind which has been pulled off
in the Lone Star state.
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1908-05-05

Some sort of a financial bill will be
agreed upon by the Republicans, it
is reported from Washington. Other
good measures are only waiting for
this question to be disposed Of, SO
that almost anything, provided it is
not very harmful, will be received
with thanks.
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1908-05-05

Steps will be taken by the sensi-
BILE negroes to dtsclaim any sympa
thy with that foolish dinner under the
name of the Cosmopolitan Club. They
see that such antics as the dinner
will retard, rather than help, the
negro's advancement
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1908-05-05

And John Temple Graves has APP
peared before the Independence Party
Convention in New York. And we did
think John Temple was a Democrat in
whom there was no guile!
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1908-05-05

In explaining the announcement in
the press that Gov. Smith spent a day
at the Capitol, the Rome Tribune-Her-
aid says: Probably he stopped there
to draw his salary"
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1908-05-05

Benevolent assimilation still goes
on in the Philippines. A Provincial
Governor stopped at the door of a
supposedly friendly Datto and was
promptly shot.
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1908-05-05
Americas, Ga, May 9Th, 1908.

One month from tomorrow Little
Joe' Brown will be elected governor
says the Athens Banner.
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1908-05-05

Augusta is advertising a big sale of
liquor This sale however, will be by
the United States Marshal provided
the state does not object to the pro-
ceeding
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1908-05-05

Wouldn't that provision in the ap-
preparation bill for 100000 for an
American Embassy building at Paris
jar you?
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1908-05-05

Entered at the postofice at Ameri-
Gus as second-class mail matter.
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1908-05-05

The Americas Recorder, Established
1879.
The Americas Times, Established 1890
Consolidated April, 1891.
The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1908-10-03
Observation-Disclosures $50
Personal
y = = = &ENN.. y 100 > = ).

Z C. Butts returned yesterday from
5. Marys.
G. W. Brandon, OF Wo5dofne. IS
spending today ia tae city.
s b. Giddens has returned from q
business trip 10 WaycrJss.
John r. Dillon. OF Jacks Jnfil1e, an
old BiJmswickian, SIS spending a les.
days IN the city
The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1908-10-03

The tuebcat Egmont. Belonging to
Capt W. N. Tuppar general agent
Of the CLYDE Line. has been brought
to Jacksonville and will do work in
the harbor at this port. The Egmont
was brought down the inside route by
Captain Gray.-Jacksony.lle Times
Uu-Cn.
The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1908-10-03
Tug Cambria Finished.

The Savannah tug Cambria which
has been thoroughly oyerhauIed by
he ParGer-nensen Engineering com
pany, left Taui q ~ her home p-.-
in splendid condition.
The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1908-10-03
BATCH Of ITEMS
AROUND THE CITY
To Meet Monday.

The city court Of Brunswick viii
meet Monday morning. The dockets
are crowded ana a long session is
looked for
The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1908-10-03
wILL OPEN MUSIC CLASS.

Miss Msud Nightingale will return
to this city en- October 1st and will
Immediately open her music class at
the residence Of her mother, 800 Car
peHter street
The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1908-10-03
nEORolA sYRup-

200 gallons best Georgia Syrup, SOC
and 60c per gallon. c. II. TAYLOR.
Phone 1876.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1908-06-12
REGULAR READER
WOULD PAY TRIBUTE TO A
BELOVED PENSACOIlAN

Pensacola, Fla, June II.
Editor Pensacola Journal
In suggesting names for the new
hotel why not let the name bear that
of one who has been prominently
Identified with the interest of Pen
sacola, one who has given his time
and labor for the advancement of Pen
sacoIa- Why go back to the time
when Florida belonged to Spain, or
name it after one who was not Pen
sacohan? Let's go back to more re-
cent years and give the name or the
new hotel to one who had made sac
rifceS for the city he so dearly loved;
one who was most indefatifia bic
worker and a firm believer in the
future Of Pensacola. | would suggest
the name Chipley. in honor of the
late William Dudley ChiDley. thereby
paying most glowing tribute to a
true Pensacolian.
IT p NEWMAN
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1908-06-12
WHY ESCAMBIA COUNTY, THOUGH WET"
DID NOT SUPPORT GILCHRIST.


county first primary the Saloon in
supporting Ecamba
wenta Gichrst?
Tae question involves
therefore calculating the
situation
meaning thereby that the
1t
primary both Ghchrs
Now what explanation? Escambia county citizen
regulations and resric
2
OF in October the
Liquor business exist seemed to be
therefore hare doing business under
law
eut while to
shall be allowed to do bust
divided
The in
will o
the Saloon.
dealing
must not interfere politics. must not dictate who
motif simply
and not inherent right
of IS
county the Saloons supporting
for
The best people the policy
to saying that the Liquor
control politics of the county
Gichrst,
reason Escanbia county The Saloons
him wet
wells dry will him Tuesday.
the Office
the
whole question this
concerned
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1908-06-12
PINE FOREST.
Special TO The Journ al



Pine Forest, June 10--Mfss Mary
Spare has returned from Madison,
where she has been attending Nor
nal School. She expects to teach
the local school this fall.
Ralph Topper left here last Tues
day for Oklahoma
Robt Davis has just returned from
Lake City. where ne mas been At
tending Columbia College. He spent
Friday and Saturday visiting with
friends here.
There was preaching last Sunday at
the Methodist church Among the
out of town visitors at the 5 O'Clock
service were: Mr.. and Mrs Snow
den, Mr.. and Mrs ]. F. Pierce, Mr..
and Mrs. DawkiRs, and Mr. BaTrineau,
of KlOndyke; Mr.. ~. A Davis and
Miss Ida Davis, of Pensacola Mr..
Roberts, the pastor, delivered a very
helpful sermon on the theme. The
Grace of God Which Bringeth Sal
Vationvation Unto all Men, Hath APP
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1908-06-12
TIMEs-UNION
BARSSTOCkTON
OUT Of PAPER
A Despicable Piece of Work
on Part of Florida's
Estate Paper
The following letter is self-explana-

The following letter is self-explana-
tory:
Jacksonville. Fla. June Sth, 1908.
TO the Democrats of Florida
Who Believe in Fair Play and
Despise Foul Means-The Jackson
vile morning paper, The Times
Union, owned by Atlantic Coast Line
railway and Florida East Coast
railway interests, and supporting my
opponent, Mr.. Albert w. Gilchrist,
editorially and otherwise, has adopt
ed in opposition to my candidacy
methods that are so unfair that | beg
the press of this State to give publ
cation to this statement, and to
verify is truth by reference to the
files of The Times-Union. The col
umns of that paper have been from
day to day open to contributions
from men like Allen Rodgers, the
newspaper reporter of the Jackson
vile bar-roomS, slandering my priv
ate character, and others siging
themselves Taxpayer" ''Duval
County Citizen" etc, who are really
the tools of those waging the fight
against me in this city, have writ
ten repeated attacks upon my bust
ness standing and private character.
The columns of the same paper
have been closed to me for even a
denial of these attacks. This is not
only true, but the Times-Union
has refused to publish for hire a de-
NAL from me of these SANDERS, and
in addition to this has had the brazen
effrontery to state that these sland-
erous charges were not denied.
is it possible for the people of
Florida to conceive of more gross in
justice being done even the humb-
lest citizen of this State? The re-
port from the representative of that
paper at Tampa that my speech in
Tampa on Saturday night was in any
wise Incorporate or an attack upon
corporations is it's latest published
falsehood. The untruth of that re-
port is susceptible of proof on aft
davits of more than two hundred of
the most representative citizens OF
;HillSborO county.
Is it difficult to understand why
the opposition of this paper using
these methods is an asset of a can
didate for public office?
Respectfully,
JOHN NJ c. STOCKTON.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1908-06-12
West Florida Should
Stand By Home Man.

One of the issues involved in the
present congressional campaign is
whether or not West Florida is go
ing to stand by her home man. Wal
ter Kehoe, as she should do.
The Journal has never argued the
'home man" proposition on that one
idea alone. 1t is q dangerous theory
40 teach on its own exclusive merits.
But where other things are equal,
the home man should always re-
ceiye the support of his home sec
ton. In this particular case, Walter
Kehoe is that home man and he
should logically have the support OF
every West Floridian.
West Florida has now lost all hope
of present representation in the
United States senate. With but one
exception Chat of supreme court
judgel West Florida has not a single
representative in the state or federal
government.
West Florida has a population of
1I4.s7O people as against 1888 in
the other counties in the Third con-
gressional district east of the Chat
tahoochee river.
west Florida has an assessed
valuation of S2s 1s5,Soo as against
s12.1es.4S5 in the counties east of the
river in the same district.
West Florida counties pay 16 lilo
per cent of the total state taxes, and
vet these counties now have less
than five per cent of the state and
federal offices.
The other sections stand by their
home men and that is why they have
now got West Florida beat a mile
when it comes to representation in
the state and federal Offices!
Walter Kehoe has every qualiica'
ton to serve his people in congress
and that being the case the people OF
his home section should stand by
him now. By doing so they can help
regain some of West Florida's lost
prestige. BY failing to do so they
.sacriHce nearly everything TO the
other sections of the state.
West Florsdians, which do you
shoose?
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1908-06-12
VOX POPULI
CITY NEEDS A
NEW FIRE ENGINE

Pensacola, Fla, June Il, 1908.
Editor Pensacola Journal.
| did not get to the council meet
ing last evening, but l did suppose
that the finance committee was going
to report favorably as to the purchas-
ing of fire engine and appropriate
the money. 1t is absolutely neceS-
sary that it should be done, before
any dispute shall arise about inSur-
ance. The committee knows the
risk we are running here and it is
not right to let the matter drift
along so and hope it will not be
necessary for me to say any more
about it.
Respectfully,
J. n. ANDREWS.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1908-06-12
"MckENLEY'', IN HONOR OF
A MARTYRED PRESIDEN1

Editor Pensacola Journal.
Please allow me to suggest the
name Mckinley for the new hotel.
The man has never lived who was
better known, or more loved, than
William Mckinley. That splendid
new hotel will be a home for people
from every quarter of the globe
The name Mckinley will be Suggest
i've to every man and woman as they
leave their home for the beautiful
Deep Water City.
w A RADF<N
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1908-06-12
c. U. PORTER SAYS CALL
HOTEL AFTER MR.. HERVEY
Jacksonville Fla. June

Jacksonville, Fla, June 10.
Editor Pensacola Journal
We did not know until receiving
cur copy of The Pensacola Journal
this morning that its columns had
been opened for suggestions from its
readers for a name with which to
'christen the new hotel, as we missed
our copy OF issues between dates of
End and 9th.
We like the suggestions of both F.
+. Bingham and F. w. Bennett at
first blTsh, especially. that of the for
mer, but we are not Sinnindful of the
fact, that time dins the lustre of
fame and the names of the famous,
however tenderly they are nursed
and nurtUred in the urn of memory,
and names given to hotels especially,
TO perpetuate the memory of the
illustrious are rapidly falling into
disuSe.
The names of Washington, Lincoln,
Lee, Grant. Dewey and long list of
others, applied to hotels and restau-
rants are no longer considered avail
able
The name we shall suggest may
have been already suggested and the
new hotel may be christened before
these lines reach their destination,
DuJ dVdlilnS OurSelI OF the OppOTIuH-
ity offered by The Journal, we sug-
gest that the new hotel be christened
in honor of him whose personality
and wide hotel fame was the most
potent factor in bringing it into eX-
istence, and who is to stand sponsor
for its renown when it enters upon
its broad field of advertising useful
ness.
We suggest that the new hotel be
christened Hotel Hervey. We be-
lieve the name appropriate, suggest
i've and winning, and while Mr.. Her
vey's innate modesty will doubtless
rise in REBELLION against it, we be-
lieve his protests in this instance
should be set aside by the christening
committee.
The name sounds well-would look
well in carved or raised letters, and
Pensacola would be advertised well,
for there are many of the travelling
public and winter tourists who grow
hungry when the name OF Hervey is
heard.
c. q. PORTER.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1908-06-12
OFFICIALS ON AN
INSPECTION TRIF

Supt z. o. SaltmarSh, Freight and
Passenger Agent j. w. Lurton and a
number of other division ofTi~'~I~ of
the Louisville & Nashville are making
an inspection of the Southern Ala
bama and Myrtlewood divisions of
the system.
They left Pensacola on a special
train TO make the inspection tour,
and are expected to return this after
noon.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1908-06-12
STATE PRESS COMMENT ON
CUBERNAT0RIAL CAMPAIGN

the west could afford to spend a mil
lion dollars TO keep Florida wet. For
from its borders they can dump their
liquors into Georgia and Alabama.
There they will find ready sales. IL
seems to me that the interest mani
tested by the whiskey men should
unite a majority of the voters and
inspire them with the energy and
courage TO fight unto death the ser
peRt which has done, is doing, and
will continue to do more to debauch
society and corrupt government than
any other evil which the world has
ever known.-tBartow Recerd~
Take Your Choice.
The whiskey saloons are working
day and night to defeat Stockton,
and elect Gilchrist. They cannot do
it if all who are interested in the
moral upbuilding of our country will
for the next few days, give their adj
to the cause of the people. If you
prefer TO subject your sons to the
temptation of the saloons and gamb-
ling dens, then vote for Gilchrist and
keep the dear saloon keeper with
mis- whiskey, but if you would de,
stroy temptation and save thousands
of young men from debauched, dis
graceful lives fall in line and vote
for Stockton.-Bartow Record.