Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1914-01-19

ia is already bearing fruit in the wide
campaign made by the Hearst news
papers
Orr Makes Splendid impression.
4 striking fact in connection with
Atlants's claims, however, which can
not have failed TO make an impress
sion on the minds Of the committee
was brought out by !. X. Orr a
prominent banker and business man
of Atlanta, who was here last week.
" you have noticed" said Mr..
orr, 'at every hearing the commit
lee has held so far. Atlants's right
TO one of the regional banks has been
conceded IN the most impartial way
by gentlemen appearing in behalf OF
other cities
Logically, YOU see. the mind re-
Verts to Atlanta, and however bust
ness man may be impelled TO favor
mis- own community, he includes At
janta. Ana this. bear in mind, comes
before the claims OF Atlanta have
been formally presented. II Is based
entirely upon common knowledge az
10 the financial commercial and in
dustrial leadership Of Atlanta in the
important Southeast"
Amendment Favers Atlanta.
One especially interesting fact in
connection with the claims OF Atlanta
which tho correspondent of the
Hearst newspapers learned was that
the amendment to the Financial bill
providing for a maximum OF twelve
regional banks was inserted In the
Senate in order TO provide for recog-
milton OF that section OF the South
ri n art, . IL. t.
The bill was taken UP for considera-
tion by the Senate Democratic eau
Gus. II provided for but four regional
banks. Senator Hoke Smith, of
Georgia. at once voiced a protest.
The point is right here: Logically
enough II but four regional banks
are provided for. New York, Chicago,
Boston or st. Louis, and San Fran
cisco will be the cities selected. That
will leave the city OF. Atlanta en-
tirely out of consideration, and the
great section of the nation which II
represents"
Senators Join Protest.
He served notice he would not vote
for any measure which did not con-
tain provision which would give At
lanta consideration. Senators Lee, OF
tennessee; Williams of Mississippi,
ana finally Shafroth OF Colorado,
Joined in the protest, and az re-
suit the bill was amended
Senator Hoke Smith, of Georgia
addressing meeting OF bankers from
all over Georgia on Monday, said:
You have already quoted in the
Hearst papers the figures, to prove
Atlanta's financial and commercial
pre- eminence in the Southeast.
Geographically. her position is al SC
ideal. ] think It is a fair proposition
that 500 miles is SUFFICIENT distance
for any man to be compelled TO trave
10 transact necessary business. Thai
IS an average overnight trip. Well
lust draw a circle around that sec
lion of the country which radiatss SOC
miles from Atlanta, and Won will see
the substantial merit of Atlanta
claims
There is not a big concern In the
United states doing business In the
South which hasn't hes dqusrters In
Atlanta. II is the South's great rail
road CENTER
Bacon Aids Movement.
Senator Augustus o. Bacon, chair
man OF the important Committee or
Foreign Relations. echoed the views
of Senator Smith.
II don't see how Atlanta can be ig-
nored." he said
Congressman Aoamson, chairman
Of the House Committee on Interstate
snd Foreign Commerce. said:
Atlanta has pre- eminent claims
upon one OF the banks"
Congressman Hsrdwick, chairma {
of The House Committee on Coinage
Weights and Mes sures, said.
The strategic position OF Atlanta
recommends her. Beginning with
the Csrolinas, Florida, Alabama
Tennessee "a territory which will
compare favorably with any similar