davidaulloa/AmericanStories huggingface dataset:
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-06-29
GEORGIAN BIDS
JULY OPTIONS
To HIGH LEVEL
Athens Spot Dealer Leads on
New Orleans Exchange Floor,
BulIing Near Month.

NEW ORLEANS. June 2s-The
July deal in this market is now at
tracing more attention. There had
been so little talk here about the July
position that many of the trade had
formed the opinion that there would
be no advance of consequence in July
in this market. Consequently, not
few sold out their July longs at
much lower level and bought the dis
tant deliveries at somewhat narrower
differences than now prevail
The situation in July changed when
wealthy merchant and spot man
from Athens, Ga, appeared on the
floor and announced his intention Of
taking up July contracts in this mar
ket. He backed up this announcement
with good supporting orders for July,
and has been a persistent buyer Of
July contracts on every decline re-
Gently The result has been a decided
strengthening of that month, which
has increased its premium over the
rest of the list, and is now maintain
Ing a level somewhat in keeping with
the price of actual cotton, basis mid
ding.
Within the last day or two it has
also become apparent that Frank 3.
Hayne has a large interest In the July
position here. The July shorts, there
fore, finding that position so strongly
supported, have become decidedly I'M
easy, and have been covering to the
best advantage as the opportunity Of
fered. The covering thus far has been
of a scattered character but sufficient
to enhance the premium on July over
October, which has been running
within the last day or two at about 81
points 1t is predicted by some of the
brokers that July will go TO pre-
MUM of 100 points over october be-
fore the July position is finally liqui-
dated.
Several private crop reports have
been issued this week. From bear
ish standpoint, they have not been
very encouraging, showing an i'm
provement during June Of only IL
per cent in the condition OF the crop
as compared with last month. II is
asked, IF the crop has not improved
hore than that during June, always
a good month for crop development
what will happen during July and
August. critical crop months, during
which deterioration as a rule takes
place?'
The talent is closely watching the
crop situation, which does not appear
any too promising at present, anu
should there be any change for the
worse in the condition, heavy specu-
latfve buying would probably be wit
messed in the cotton market
Some of the more sanguine bulls
are already predicting 10 cents by the
end of July. If market history re-
peats itself, this level will be seen, n :
cotton sold above 10 cents in the
summer of both 1912 and 1911.
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-06-29

The cotton crop of 1912. as COM
pared with that of 1911. shows a loss
in each of the States, with the eXcep-
ton of Texas and Oklahoma, in which
states it was the largest ever pro-
duced. Alabama. North Carolina and
South Carolina however. all show an
Increase over every other year except
1911.
The crop of 1912 in Texas was phe-
nomenal. being almost twice s large
as that Of 1909. Texas alone pro-
dueed almost one-fourth Of the total
commercial crop Of the world in 1912
4 large paet " the increased pro-
duction Of cotton in recent years has
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-06-29
Banks Prove Adroit
In Phrasing Opinion
Resolutions on Currency Reform
Make No Reference to Measure
Now Before Congress.
BY M. A. ROSE.

Nothing more adroit than the At
lanta Clearing House Associations
resolutions on the currency bill has
been phrased in many a day.
1t bears reading twice. At first
glance, the hurried builder of head
lines would be inclined to write Cur
rency Bill Warmly Endorsed" or
something to that effect
Which is far from the truth.
Careful examination shows that no
where do the Atlanta bankers say
they think the measure now before
Congress is what they want On the
other hand, there is no criticism.
In straightawaY terms the resOlu
tions mean: I'VE. the bankers of At
lanta. think currency reform is a ne
cessity. We commend President VIII
son unreseryedly for attempting tho
task so promptly. We think that if
President Wilson, the House and the
Senate win seek a little advice from
those qualified to give II they proba-
bly, will be able to work out salts
factory plan.
There is studied avoidance of any
reference to the present bill.
Sure To Be Passed.
Atlanta bankers have been assured
that a currency measure is certain TO
pass at this session. News from
Washington is that the President has
enough votes pledged to its support to
make a money bill a certainty.
If this is the case, and If twelve
regional banks are to be established,
Atlanta wants one of them, and thinks
1t is her right to be recognized in
this way.
New York Chicago, Boston, Phila-
delphia, San Francisco, Kansas City,
Cincinnati, Louisville. New Orleans,
Denver and Baltimore seem pretty
sure to get regional banks. This
leaves one vacancy on the list, and
one section of the country unprovided
for, the Southeast.
Three Cities Contenders.
Atlanta and Birmingham and posi-
bly, Savannah will do battle for this
place. Birmingham and Savannah
Birmingham has also the advantage Of
the prestige and influence welded by
the redoubtable oscar Underwood.
Against this Atlanta viii urge its
willingness to comply with the re-
quirements to make itself a reserve
city, and its supreme Importance in
its territory as the natural center of
finances and commerce for the South
east.
Il promises to be an interesting
contest, and Atlanta at least has made
a good beginning by expressing its
belief in the President and in the need
of monetary reform.
At present the thing looks like an
expensive and Improbable game for
the national banks.
Bankers Hold Bag.
All profits above per cent go 10
the Government: there is a very low
limit on the rediscounting privilege;
heavy liability is entailed no inter-
est is allowed on reserve funds, but
the Government gets interest on its
deposits, and. to cap the climax, the
banks, who own all the stock, are in
the minority on the directorate.
Letters to Atlanta indicate that
some Of the largest national banks in
the United States will apply for
Safe charters if the present act be
comes a law.
Believing that wiser counsel will
prevail before the bill is passed, At
lanta bankers still are hopeful
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-06-29
CAN NOT CHECK WASTE.

According to a Government report,
the American slate industry is ham
pered BY the continually increasing
qu7ntity Of waste in the large quar-
~ies This waste now ranges from
So TO 30 per cent of the material
quarried No practical use for this
waste slate has yet been found. Mar
ketable slate quarried in this coun-
try in 1912 was valued at $6043,3lS
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1913-11-20
PINCH0T CROWD WINS
Those Favoring Federal Control OF
Water Power Rights in Majority.

Washington, Nov. D.-Proponents Of
federal control Of water power rights. led
by Clifford Pinchot. former chief forester:
Henry L. Stimson. former secretary of
Garfield, former secretaries of the in
terror, won q victory in the National Con-
servation Congress here in the first test
Of strength on the paramount issue Of
the asSemblage.
BY a vote of 434 to 1884, a motion to refer.
to the resolutions committee that portion
of the report of the committee on water
ways which was unanimous was voted
down and the report subsequently adopted
without roll call.
substitution for a motion by Mr.. Stimson
to adopt the unanimous report, E. T.
Bryant of Tennessee, championing the
cause of state control of water rights,
moved that the report go to the commit
tee. The vote followed a lively debate, in
which the issue clearly defined was fed
eral or state control of waterway de-
velopment in the future.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1913-11-20
DANIELS BUSY DAY.
Secretary OF the Navy Is the Guest OF
st. Louis.

st. Louis. Nov. Secretary Of the
Navy Daniels arrived here from Kan
sas City at 7:43 this morning to spend
q day and evening in st. Louis touring
the city and delivering addresses. On
his arrival he was taken to the home
q Albert Bond Lambert, the aviator.
who has organized an aviation corps.
and offered its services to the navy
department, and at 1880 the secre-
tary went to the Jefferson memorial
in Forest park. Here he was greeted
by David r. Francis, Charles w.
Knapp and Charles r. Pettus, who
which was erected from the excess
funds Of the Louisiana Purchase Elk
position company In honor OF Thomas
Jefferson.
Mr.. Daniels spent considerable time
examining the many relics In the
rooms Of the building occupied by the
Missouri Historical society. Mr.. Dam
lels On leaving the memorial building
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1913-11-20
LETTER FROM RANKIN
He Denies That He's Deserted Pro-
gressive Party.

Editor the State Journal:
Please allow me to say that the
abatement in the Journal yesterday
that I am Joining the harmony move
ment, or am about ready to join 1t,
Is incorrect. think it must have
been based on a statement I made to
the effect that I liked the spirit OF a
letter written by Mr.. ]. 8. Dean.
did like the spirit of Mr.. Deans letter.
1t does not therefore follow. however.
that I am ready to join Mr.. Dean and
others in a so-called harmony move
ment. believe that my views on
present-day public questions diner
widely from the views of Mr.. Dean.
and that this difference extends to
views on questions that appear to me
to be fundamental. 1t doesn't seem
to me, therefore. that Mr.. Dean and I
properly belong in the same party. I
believe, for example, in the initiative.
the referendum and the recall. and
the recall, too, as applied to judges.
/ am for a minimum wage for women
and for other laws regulating the con-
ditions under which women labor. I
am not proud of the fact that Kansas,
my native state, is one OF about a
dozen only which has no laws regu-
lating the labor of women. I am not
one Of those who believe that regu-
lation of public utilities has gone too
far, though mistakes may have been
made in such regulation. as indeed
mistakes will occur under any cir
cumstances. We are to have more
complete regulation of public utilities
than we have yet seen. I go further
and favor ultimate ownership by city,
state or national government, as the
case may be, of public utilities Of ev-
cry sort. I mention these as SAM
pies of my views. In other words.
my position on present day questions
is a progressive, even radical, posi-
ton. quite agree with the man who
made the famous statement that the
cure for the evils of democracy is
more democracy. believe Mr..
Deans views on these and other ques-
tons are not my views. I respect Mr..
Deans position but I do not endorse
II. Chesterton said recently that one
way OF respecting another mans
views Is to fight them. 1 do not see
why those who believe as Mr.. Dean
believes should want to be in the
same party with those who believe as
I believe. We certainly cannot, with
entire self respect or mutual respect,
stand openly upon the same platform
of political principles. 1 am not in
politics. though greatly interested in
political questions, and the public is
not much interested in my views.
Woc OOuOeACSS 4uOlSU ny the state
Journal yesterday for the reason that
last winter I was elected chairman of
the Shawnee county Progressive CEN
trail committee. I resigned within a
week or two, being compelled to go to
California on account of my health
I have been away most Of the year
and have not been closely in touch
with the local political situation. I
am not yet convinced that there is
0ny hone of the SUCCESS of roputna1v
progressive policies, through the
agency OF either the old Republican
party or Of the Democratic party.
E. w RANKIN
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1913-11-20
S UNBELIEVABLE
The Awful Conditions at the
House at sos East First.
Nellie HitcheOck's Death in. the
Dirt-Children There.

With father, mother, husband and
children all dead, herself i'll with q
1oathsome disease. deserted in mis-
cry, squalor, and dirt" Nellie Hitch
cock, q colored woman. was rescued
by the county and made partially
comfortable a few days before her
death occurred this morning at Stor-
mont hospital. Isolated in a fifty
room, uncared for, crawling across the
floor to receive food which was pushed
through the window. she was discov.
cred by the King humane officers and
listed as one Of their most pitiful
cases.
Her discovery led to an investiga-
ton Of a fire-trap. sos East First
street, which Miss Kate King declares
IL veritable den Of iniquity." County
Physician C. M. Hensley and City
Physician Culmer McGill visited the
place. and according to DR.. Hensley.
will ask that 1t be condemned by the
city fire marshal. Twenty-one Mexi-
can and colored families live there in
unbelievable squalor.
Half the residential portion in the
city would refuse to believe that a
room like the one in which Nellie
Hitchcock was living existed in Tope-
ka. The woman's death today result
ed simply from uncleanliness.
Two pickaninnies deserted by their
mother and locked in room were
wailing as Miss Kate King and Kill
maurs King entered the house on
East First street. The colored man
who rents the place refused to enter
the room where Nellie Hitchcock was
stranded. She lived there with alb
solute disregard of sanitation. She
had eaten nothing for days but dry
bread and cold tea. placed on the win
dow sill by some charitable neighbor.
The county commissioners told Miss
King they would care for the woman
sent an ambulance to take her to
Stormont hospital.
1.-THE nurses removed a quarter OF
q inch Of dirt from her body" OBJ
served DR.. Hensley, calmly. Il cut
off one pound of dead flesh. She died
from filth. People don't know such
conditions exist in Topeka"
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1913-11-20
NUDGE IS HOPEFUL.
Believes 1. G. @. WIN Grant IN Adj
vance in Freight Rates.

Kansas City, Nov. 2O.-Business op-
ttmfsm. the menace Of Socialism and
a warning that railroad efficiency de-
pended on increased rates. were sub
nual John Jay banquet OF the Com
mercial club here.
Josephus Daniels, secretary Of the
navy, was the guest of honor and he
was accorded an ovation az he arose
to speak. Mr.. Daniels brought a mes
sage of good cheer for business con-
ditions in this country and. paying
tribute to President Wilson, declared
the presidents only boss was his own
conscience.
The Rev. John w. Cavanaugh, presi-
dent Of Notre Dame university, spoke
OF the danger Of Socialism and char,
acterizing 1t as the greatest peril
that looms on our national horizon
declared religion alone could conquer
1t.
H. U. Nudge, president of the Rock
Island railroad system, appealing for
q raise in railroad rates, said the al
tentative was Generalization of rail-
road service and eventually govern
ment ownership. And when govern
ment ownership comes, he declared.
lone of three things will happen
either the rates will be raised. wages
reduced or the deficit will have to be
made up by taxation"
Mr.. Nudge said in part:
This country has the best trans
portation system at the lowest rates
and operated by the highest paid en-
ployes of any system in the world. 1t
would still have this If a slight in
crease were made in the rates of
transportation.
IF private capital continue to with
hold from railway investments. as 1t
is now doing, government ownership
will be the only alternative and while
this will probably be the ultimate solu-
ton of the problem, do not believe
the country is ready for it yet.
The Only Ways Out.
ut may also be set down as a GER
tainty that If there is no change in
the conditions when the government
does take over the railways, one Of
three things will happen-either the
rates will be raised, wages reduced or
the deficit will have to be made up by
taxation"
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1913-11-20
TODAY'S MARKET REPORTS.

Chicago. Nov. 0.-WHEAT-Lght Rus
sian wheat shipments and continued good
to the market today and opening prices
showed an advance of 1kc to H@Xc net.
Later. however, on the mild weather in
took away a large part OF the upturn.
Good buying of winter wheat, presum-
ably by exporters. later brought q partial
rally. Closing prices were firm. hc lower
to Nc higher.
CORN = General commission buying
based partly on the soft weather gave q
light Argentine shipments opened NC to
A@Ac net higher and seemed inclined to
steady around that range.
Lghtness OF country Offering held the
market rather firm. The close was steady
unchanged to a shade lower.
OATS-Good buying of May oats gave
that market some drmness after opening
unchanged to a shade higher.
PRVISIONS-General commission house
demand sent provisions up 23kc to &c.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1913-11-20
HUERTA's MESSAGE.
He Quotes Napoleon i'm justification
of His COuF0e,


of His Course.
Mexico City, Nov. 20.-President
Huerta, in his message to congress.
will quote Napoleon In justification Of
his arbitrary dissolution OF the old
congress and he served notice that he
will ask the new congress to give him
a political bill Of health.
Not even a reference to internation-
al relations is made in the message
which General Huerta has prepared.
The document was ready and briefly
discussed at a meeting of the cabinet,
the ministers agreeing with their
chief that he had done well in not at
tempting to cover too much ground.
The president confines himself to a
review of the incidents leading to the
dissolution Of the old congress and
justification for his act. What may
be regarded as hint Of the delicate
situation which Mexico as q nation Is
occupying, appears in the conclusion
of the message, when he reminds the
congressman that the moment is a
the future OF the nation. In this con-
nection. the president says that the
eyes Of all the people OF Mexico. as
we'll as those of the civilized world.
are upon them.
sion Of the hope that soon all Mexi-
cans may be united and that all may
join in the task OF national recon-
StructiOn-
Defending his action, Huerta says it
will always be q noble act and argues
that in anw case. 1t is preferable to
save the nation, even at the sacrifice
of principles, than to preserve intact
at the expense of the people, the rigid
inert precept of justice, the utility of
which may be open to controversy.
In this connection he quotes Napo-
leon to the effect that 1.-THE law is not
violated when you save the father
land"
He promises later to give congress
a detailed report Of his acts in con-
nection with the taking over OF the
direction Of the departments Of
finance, interior and war;
Gentlemen and you of the diplo-
matte corps, I ask you to drink with
me the health of the American peo-
pie"
In this pointed manner, Huerta
made a distinction between the Amer
lean government and the Americans
at a reception.
Mr.. and Mrs. O'Shaughnessy were
greeted by the president at the recep-
ton at Chapultepec effusively, Huerta
embracing the charge. After a mo-
ment's conversation, he raised his
glass and called upon the other guests
to Join him in the toast.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1913-11-20

tatfves a. an Assembly Of demagoguee
20 It would end by otrangling the other
two powers, or IN taking legitimate
action OF defense and public health
time the so-called national representa-
ton and appealing to the people to
come before the polls. In order that It
should then and there express tts ulti-
mate and sovereign desires.
'The executive adopted the extreme
measure, dissolved congress, and con-
vened the people to new elections
where from your investures. Messrs.
Representatives proceeds. The execu-
tive has not the slightest doubt that
before a serene criterium constitutional
order was not interrupted when con-
gress was dissolved. In fine the words
Of the great Bonaparte that the law Is
not violated when the country Is saved.
shall always be true. y
Is q Solemn Moment.
Congress having been dissolved.
and in the absence of this important
organ of the government from that
date until the assembling OF the new
chambers it became necessary to de-
cree extraordinary powers There
fore 1t does not seem excessive that
my government may have resorted to
them in view Of the Lack of the legis-
lative power but the national repre-
sentation will not fail to observe how
moderate has been the action of the
executive in exercising them.
1.-The present moment is extremely
solemn and perhaps decisive for the
welfare OF the nation. Not only the
eyes of fifteen million Mexicana. but
those OF the whole civilized world are
at this time fixed on us. Your atti-
tude and your action shall inform our
fellow citizens and future generations
whether we have been right in cling
ing to our nationality in placing ma
tional dignity above all base interests
of the moment or II on the contrary
instead OF that attitude Of intense ma
tional feeling we should have receded
before reprovable interests and un-
worthy ambitions
In giving you in the name Of the
republic the most cordial welcome I
pray for the prompt arrival Of the
hour in which all Mexicans may be
united in close fraternity. SO we may
devote our decided energies to the
great and fruitful task of reconstruc-
ton Of our nation"
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1913-11-20

made an automobile tour Of the city.
and at / o'clock lunched at down.
town hotel a. the guest OF MI. LAM
bert. Several personal friends OF Mr..
Daniels were at the luncheon.
Late this afternoon the secretary IN
to address the Wednesday club, an
he will attend q reception given by
the Press club. Tonight he will ad-
dress the Racquet club. and about
midnight he will leave for Washing
ton.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1913-11-20
Cow Makes New Record.

East Lansing, Mich. Nov. D:-Col-
lege Bravura II, a nine year old brown
Swiss COW owned by the MICHIGAN Ag-
riculture college. has established new
worlds record for milk production by
animals Of her breed. In the year end
ed Yesterday she yielded 1s,304.S pounds
Of milk which tested 4.1oz per cent
and made 1,000.5 pounds Of butter.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1913-11-20
nUERTA MAY QUIT.
tcont,n,sd from PAGE ono !,

Mr.. Winter attributed present condi-
lions to past methods Of government In
Mexico to the great estates held by
the wealthy and to the system of poem
age. He said that nearly everything
complained Of by the Mexicans them
selves and criticised by people Of other
nations ''can be traced either to here
dity or environment"
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1913-11-20
New YORK Produce Afartes.

New York, Nov. 20-BUTTER-Mark
steady. Creamery seconds. 3Qzc.
CHEESE-Market steady. State whole
milk, daisies held, 16@1e1kc.
EGGS-Market irregular. Refrigerator
firsts, 25@e9c: seconds. z@27s4c: western
gathered white, 40666c.
POULTRY - Alive, steady: chickens,
western, I301sc; fowls. Hope; turkeys.
1sc; dressed, weak; fresh killed western
chickens. 12623c; fowls, 12Q1s1zc: turkeys.
spring. 14@22c.