davidaulloa/AmericanStories huggingface dataset:
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1914-01-11
BUSINESS
OFFICE AHEAD0F
UN|vE RS|TY
Commercial Teacher Also Counts
Common Sense the Super
lative Attribute.

CHICAGO, Jan. 10.-The great Mood
OF the business man to-day, the one
superlative attribute for which he is
continually on a still hunt, saws Jobr
C. Walker, of Detroit, Mich, is com
mon sense
Mr.. Walter is tie head of a busino,,
college.
The business office of TODAY is IN.
greatest university in the world be
contends. Take two young fellows o,
equal ability and when they gat
through high school, let one go jnio
business and the other into a univer.
sity for four years and then into hrs,
ness. By the time the latter has been
graduated the one who went from
school into business is so far ahead
that the university man will never
catch him in spite of his wider know
edge of many things and his broad
er view of others"
Appearance Important.
The special requirements of tbo
business man to-day, Mr. Walker do
clares, are that his help should h,
rapid, accurate, able to spell and
speak correctly, and should have a
knowledge of all the modern Office
appliances and labor saving devices
The age grows faster, and spec
and accuracy are now the things that
count. A good deal more attenti IN
IS paid to appearances than ever be-
tore. Business men have drifled
away from the notion that a GOO
heart may beat under a ragged ex
terror, and have adopted the belief
instead that a man or woman who
is careful about personal appearance
will be rather more particular about
the neatness of the letter sent out IN
the name of the firm
Neatness as Advertising.
1T is an essential nowadays that
the mail of the firm or individual
shall look well. 1t is one phase III
advertising, and as much attention IS
being paid to it as to the strength
and appropriateness of newspaper ad-
vertising copy"
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1914-01-11
COURT DECIDES
BANK CAN HOLD
CHECKPAYMENT
Fact That Paper Is Genuine Does
Not Estop Cashier From
Using Discretion.

CHICAGO. Jan. 10.-The Appellate
unanimous opinion handed down to-
day holds in effect that a bank may
delay payment on check even
though the check be genuine, and
further holds that the bank may go
on paying out money on checks that
keep coming in after the presenta-
ton of any certain genuine check on
which the bank prefers to delay pay
ment
The opinion was written by JUS
tice Mclaughlin, and was rendered in
the case of Henry HentZ, who sued
the National City Bank to recover
$25, 000
Hentz alleged in his complaint that
the firm of Lathrop, Haskins & Co.
on January Is, 1910, made out a check
to him for the amount sued upon.
Hentz further alleged that he in
dorsed the check and deposited it
with the Mechanics National Bank,
and that on January 10, 1910, the Me-
chanics National Bank presented the
check for payment to the National
City Bank through the clearing
house, according to custom.
w 'iiVNN was pitSSHltu W TIE
National City Bank at 1915 o'clock
| in the morning, Hentz alleges, and
was held by the defendant bank until
, o'clock in the afternoon. In the
, meantime, at 1890 o'clock that same
day, Lathrop, Haskins & co. made an
| assignment. Then the National City
Bank. at , o'clock, sent the check
back to the clearing house on the
ground of the assignment being made
by Lathrop, Haskins q Co.
TIE case came up originally before
Justice Philbin. The bank held that
1t was acting within it's rights in
gliding up the check, and could do so
to see whether the check were good
or not. Justice Philbin ruled that
Hentz had stated sufficient facts to
have the suit tried The bank APP
pealed from this decision. The APP
pellate Court to-day reverses Justice
Philbin The Appellate Division, how
ever. permits the plaintiff. Hentz, to
start anew by serving an amended
complaint on the bank
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1914-01-11

Refining Company, has not made any
distribution to, shareholders since the
dissolution, although its earnings
nave been running at the rate OF
something over 100 per cent on its
So,O00,000 capital stock.
The eleven transporting companies
IN the Standard Oil group have paid
IN dividends last year S15,S47, 900. as
compared with $13,647,000 in 1912. In
this group are included ten pipe line
companies and one tank car company
the Union Tank Line. All of these
concerns have made dividend distri-
buttons with the exception of the lat
ter.
Dividends as Paid.
The four companies in the Stand
ard Oil group classed as producers
have enjoyed a very prosperous year
Dividends paid by these companies in
1918 amounted to S10,5S5,000, against
SS,250,000 in 1912. These payments,
however, do not fully disclose the
gain in the earnings of the producing
companies for the year. Ohio Oil in
creased it's dividends from $4,000. 600
In 1912 to $S,550,O00 this year, but
Prairie Oil and Gas, which paid divi-
dends at the rate of % per cent year
in 1912, or a total of $4,000, 900, dis
continued payments last April after
making a distribution of $1,0S0, 600
This action was taken so that the
company might turn back its earnings
into the property to prepare for an
increased amount of business in 1914.
Five of the former subsidiaries of
the Standard Oil Company do mar
keting business exclusively. Many of
the other companies, the refiner espe-
cially, market their own products, but
they are generally classed in the re-
lining group. The marketing compa-
MES are the Anglo American Oil
Company, Continental Oil Company,
Standard Oil Company of Kentucky,
Standard of Nebraska and Colonial
Oil. The latter company now does a
small business and has not made any
distributions to shareholders. The
other companies paid in dividends this
year $1,S0O,OO0, as compared with 81
$4,000 in 1912.
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1914-01-11
WILLIAMS To
BE HEAD Of
BANK SYSTEM
Having Fought Wall Street Sue
cessfuIIy, Richmond Financier
Thought Man for Place.

WASHINGTON, Jan. 10.-That
chairman of the Federal Board of
Control of Banks is accepted here in
Administration and Congressional
circles. Behind Mr. Williams on the
board are to be Colonel f. NJ. House,
of New York; II. II. Forgan, of Chi
cago II. Parker Willis, of New York.
and James j. Hill
1t is stated that Mr. Williams ac-
cepted the office of Assistant Score
tary of the Treasury that he might
be in a position to meet a fight waged
against him in his private banking
business in Richmond, Va, and Balti-
more, Md, by the Morgan interests.
Mr.. Williams has fought financially
with both Morgan Il Co. and Kuhn,
Loeb 4 Co.. rival financial leaders
of this country.
Mr.. Williams is said now to be de-
sirous to return to his private bank
ing interests. He can do this, it is
said, while holding the position of
chairman of the Federal Board of
Control of the national banking sys-
tenn under the new currency law.
Chairman Carter Glass of the
House Banking and Currency Com
mittee, to whom President Wilson
looked for support in the final enact
ment of the currency legislation is a
personal friend of Mr.. Williams. He
is urging that Mr.. Williams may be
allowed to put the law in applica-
ton. The President may accept the
recommendation of Mr. Glass, al
though there is protest by Congress
men that the President does not ac-
cede to their wishes in matters OF
appointments.
II is reported that Charles Starek
national bank examiner in New York
may be offered the post of Comptroller
of the Currency. 7. Hart Given. OF
Pittsburg is being urged for a place
on the Federal Board of Banks
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1914-01-11
Cant Get S27,565
Lost by Wire Error

ALBANY, n. Y, Jan. 10.-Unless
through gross negligence the tee-
graph company is not responsible for
errors made i'll a message, the Court
of Appeals held to-day in the case of
Stephen a. Weld & Co, cotton brok
ers, against the Postal Telegraph
Company.
Weld gave telegraph operator
message to sell 10000 bales of cotton
at not less than 1910 a pound, but
owing 20 AN error in the message it
was sold at 1907, inflicting on Weld
a loss of $27.5G5.
A jury gave Weld $36,6S4. In re-
versing this verdict to-day because
Of error end granting a new trial, the
Court of Appeals said proof of gross
negligence would be necessary to war
rant giving Weld a verdict.
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1914-01-11
Penn. R. R. Ends Year
Without One Fatality

NEW YORK, Jan. 10.-Out Of ILL.,
100000 passengers carried by tho
PENNSYLVANIA Railroad Company n
1913 not one was killed in train
accident.
In the past six years 500. 900. 900
passengers have been carried, and but
Is lost their lives in accidents IN
trains, with killed in one accideat.
In the same period approximately
100000 trains were ooerated-2, 2SG
a day-and only suffered wrecks
which caused death to passengers car
7ied, while three of these years were
entirely cree of fatal train accidents.
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1914-01-11
Chicago-Cairo Road
Now Being Projected

CHICAGO, Jan. 10-Eastern CAPT
talists will build a railroad from Chi
cago to Cairo. Ill, by way of Spring
field, according to Emory d. Fraser
counsel for the Chicago, Springfield
and Cairo >Railroad-the name of the
new line-which has just placed or
record a trust deed to all OF its prop
erty and all that may come into its
possession to secure a bond issue OF
s75,0000 600, running for 80 years, with
interest at 1-2 per cent. The com
pany has secured considerable part
of the right of way, Mr. Fraser
states.
OF the bonds. s56,250 900 are in the
denomination of $1,000 each and SIS
100000 in bonds of $500 each. The
bonds are subject to redemption at
the option of the railroad company
at premium of per cent and ac-
crued interest. December 5. 1918.
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1914-01-11
Mining Men Will Go
Into Candy Business

BOSTON, MASS, Jan. 10.-James
MacNaughton and Quincy A. Shaw
of the Calumet and Hecla Mining
Company. are among the incorpora-
tors of the Package Confectionery
Company, incorporated here under
Massachusetts laws, with an author
lied capital of $2,O00,00O comprising
10000 preferred and 10000 common
shares, par 500.
The Package Confectionery Com
pany is to take on a large candy
factory in Boston. making lines of
goods different from other concerns
and similar candy factories will be
obtained elsewhere. one in Chicago
and one in st. Louis, to be operated
as branches of the Boston factory.
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1914-01-11
Official Grading for
Corn Is Arranged

WASHINGTON. Jan. 1o.-Official
grading commercial corn to take
effect on July next has been made
by the Department of Agriculture, II
was learned to-day
In almost every instance the grades
are the same as those Tentatively
promulgated by the department on
April %, 1918.
The principal exception is in dam
aged corn. grade 4. which is allowed
to include IL per cent; grade S,
per cent, and grade 6, per cent Of
heat damaged or llahogany corn. This
allowance is In response to the resolu-
ton adopted by the Grain Dealers
National Association and the National
Council OF Farmers CO. operative AS
sociations
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1914-01-11

FOREIGN TRADE
Of j. s. IN 1878
Excess of Exports Over Imports
for the Past Eleven Months
About S740,OO0,0OO.

w WASHINGTON, Jan. 10.-Ameri-
cas- foreign commerce in 1913 totaled
approximately $4,250, 900.
Imports of the eleven months ended
November 80 were $1,609, 100000, and
should December imports equal No
vember's the total for the full year
would be $1,756, 1000, 900.
Exports for the eleven months were
S2,251 900. 900. ana with December's
equal to November's the total would
be $2,497, 100000. Excess of exports
over imports would therefore approx
innate s740.000,000
This balance o. trade will exceed
that of any earlier year.
In imports the total for 1913 will h.
below 1912, but larger than any year
preceding 1912. This decline in 1913
is due largely to reduced prices of
certain imports. While sugar import
ed in the ten months ended with De-
tober exceeded the corresponding pc
riod of 1912 by 100000 pounds, the
value was $22 900, 900 less
Less Coffee Imported.
Coffee imports are much below 1912,
the ten months figures eing 635, 000.-
900 pounds, AGAINST 752 900 600 last
year, and the value but $4,000, 600.
against S104,00,000 last year. Tea i'm
ports decreased s1,500,0OO in value.
Manufacturers materials as group
declined about per cent, compared
with the corresponding period last
year due, in part, to a reduction in
prices and, in some instances, i'll
quantity.
Crude rubber, for example, for the
ten months shows a reduction Of
about 100000 pounds, but of &c.
100000 in value.
copper imports increased in quanti-
ty and raw silk increased to $22,333 =
600, against $19,500,000 last year
Leaf tobacco imports were $4,000,
600 pounds, against 47,500.00 and
wood pulp S91,000O0O, against $685.
100000 the preceding year.
In hides, raw cotton and wool, i'm
ports for ten months are materially
below 1912. Manufactures for further
use in manufacturing increased 20
S2SS,O00,000 from 1862, 100000 in 1912,
and crude materials for use in manu-
featuring a reduction of $2S, 900, 900,
while manufactures ready for cor
sumption increased to 1888, 666, 900,
against $33S,000,000 the preceding
year
Crude Foodstuff Exports.
On the export side crude foodstuffs
showed for the ten months $50, 500, =
600, against s9S, 100000 in the same
months in 1912.
Manufactures ready for consump-
ton We're s659 100000, against 1907. =
100000 in the previous year.
The increase in foodstuffs exported
occurs chiefly in wheat. corn, barley,
oats, flour, bacon and lard in manu-
factures automobiles. railway cars,
electric machinery. manufactures o.
iron and steel, lumber, copper and
mineral oil
The port of New York's foreign
commerce in the fiscal year ended
June 80 last exceeded the $4,000, 900. =
600 mark for the first time. while the
increase over 1912 was $223,62 $3.50,
says the New York Chamber of Com
merce.
New York handled nearly one half
of the country's foreign commerce,
exactly 47,0S per cent, against 1929
per cent last year For the years
1900 1910, however. the average was
1885 per cent
Comparison of Increases
JnrrpaSpa for the Eear
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1914-01-11
Closed Pittsburg
Bank Will Reopen

PITTSBURG, Jan. 10.-Financial
circles here are certain the First
Second National Bank of Pittsburg,
closed on July last. will be reopen
ed within the next few weeks.
Stockholders have subscribed
enough stock to insure the reopening,
with capital of $4,OO0,O0O and a sur
plus of $1,000,000.
Since the bank has been closed, no
distribution, Of it's $32. 100000 depos-
its has been made. as plans to re-
open have been under way since the
shutdown.
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1914-01-11
European Stocks Of
Copper Up 1902 Tons

Fortnightly statistics show that
European stocks of copper. including
Hamburg, Rotterdam and Bremen. on
December 81, increased 3,027 tons.
while supplies afloat increased 275
tons. making total Increase in the
visible supplies of 3,302 tons, to
22.520, against 26,6lS tons on Novem-
Der 30 last.
Copper exports for the week ending
December 81 totaled 4,S23 tons. For
the month there were 30503 tons, and
a year ago 29,274 tons,
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1914-01-11
Nes by Experts of Finance Industry Crops and
Pujio Declares Morgan designations
End Domination by Banking Interests
LAKE CHARLES, LA,

Jan. 10.
The resignation of mem
bers of the Morgan firm
from the directories of
rail and water transporta-
ton companies and finan-
cial allies indicates a de-
cision on the part of the
banking interests TO con
fine their efforts to bank
ing solely.
! predict in a short time
corporate endeavors will
be restricted not by law,
but by the corporate pol
icy of the directors to the
purpose for which they
were organized.
The resignation is, in my
judgment, an acceptance
of the industrial, com
mereial and financial in
terests for independent ac-
ton and for a severance
of corporate control or
domination of policy
where the business of such
institutions are and should
be competitive.
Lake Charles, La,
Jan. 10.
A. =. PUJO.
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1914-01-11
Express Companies to
Cut Office Cost in Half

NEW YORK, Jan. 1O.-To promote
economy and efficiency the United
States Express Company has ar
ranged n joint office with the West
ern Express Company
The plan is operative at all points
reached Jointly by the two compa-
MES, including Chicago, st. Paul and
Milwaukee,
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1914-01-11
Assails Corporation
Old Age Pensions

WASHINGTON. Jan. 1O.-Oid age
pension systems OF the American Tel
ephone and Telegraph Company, the
United States Steel Corporation and
other huge industrials were scored as
another form of wage enslavement
before the new Commission on In
dustrial Relations too day by John A.
Fitch, a magazine writer.
He MADE n strong plea for Gov
eminent old age pensions.
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1914-01-11
U, s. Explains New
Tariff to England
Special Gable TO The American.

Special Gable TO The American
LONDON. Jan. l0.-The American
Embassy to-day presented the Brit
ish Foreign Office a statement rela =
tive TO the clause in the new Ameri-
can tariff act, providing for an in o.
crease of customs duty on articles
sent to the United States by foreiS
exporters who refused to show their
books.
The statement suggested that the
Government may desire to institute
legislation to meet this situation.
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1914-01-11
China Sorry Fails
To Seek Concessions
Special Cable to The American.

PEKlN. Jan. 10.-Hints have bean
thrown out here that the United
States would, If they desired. be
favored with an ample share of the
railroad contracts now being dis.
tributed as part of the Chinese Gov
ernment's development scheme. Re
grets were expressed to-day in in
iiuential quarters that no representa-
tive of America was here among the
numerous concession seekers.
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1914-01-11
Says Railway Owes
S3,662,406 to U. s,

w ASHlNGTON, Jan. 1o.--Reprcsen-
tative Eeeley, of Kansas. announced
to-day that he would demand hear
ing before the House Judiciary Com
mittee on bill to collect $3,662, 406
from the Missouri Pacific Railroad
when Congress reconvenes. Neeley
alleges this amount to be due the
Government for Federal aid given
the construction OF the central branch
OF the Union Pacific Railroad.
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1914-01-11
American Firms Take
Millions Into Canada

OTTAWA. ONT, Jan. 10.-The
Canadian Pacific Railway issues "a
statement that during the last two
years United States firms employing
IO,S75, and with an aggregate capt.
tai OF sls,O25,0e0 have located fact y
ries al points on its Canadian lines
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1914-01-11

Total L. S. .$46S,364,722 1880
The total at the port of New York
amounted to $2,139,265,622 greate.'
than that of the United States in 1897.
The total of the rest of the country
was s2.404,S92 ,l75, against 81, 160,14S.-
SAP in 1912.
Evening star., 1914-01-20
COURT IN -QUANDARY.
Questions in Indian Liquor Case
Puzzle Supreme Bench.

Legal questions arising out of the sale
Of liquor to an Indian who looked like
white man have placed the Supreme
Court of the United States in guam
Diary.
The offending saloonkeepers selling the
liquor were convicted. but because Of
their mistake sought to have Willis N.
Birdsall. an Iowa lawyer, get clemency
from the federal court in northern Iowa.
AS an outcome. Birdsall was indicted on
a charge of alleged offering Of brfbes to
Thomas E. Brents and Everett E. Van
Vert. special officers Of the Interior De-
partment for the suppression of liquor
traffic with the Indians. and Brents and
Van Vert were indicted on charges Of
alleged acceptance of these bribes.
The Iowa court quashed the indict-
ments on the ground that no act of Con-
gress conferred upon the Interior De-
partment any duty in regard to the
Recommendation Of clemency.
The validity Of the indictments were
argued in the Supreme Court about a
week ago. The court today restored the
cases to the docket for reargument, os-
tensibly because the court was divided
four to four in the legal questions in
volved
Evening star., 1914-01-20

processes of inquiry as the government
has command Of. Thus shall individual
justice be done while the processes OF
business are rectifed and squared with the
general conscience.
have laid the case before you, no
doubt, as It lies in your own mind, as. it
Hes sfn the thought OF the country. What
must every candid man say of the sug-
gestions I have laid before you. of the
plain obligations OF which / have re-
minded you? That these are new things
for which the country is not prepared?
No: but that they are old things. now
familiar, and must OF course be under
taken IL we are to square our laws with
the thought and desire OF the country.
Until these things are DONE conscientious
business men the country over will be un-
unsatisfled. They are in these things
our mentors and colleagues. We are
now about to write the additional articles
of our constitution Of peace, the peace
that is honor and freedom and pros
perity.
Evening star., 1914-01-20

harnessing of the abundant waterfalls
and the opening up of extensive mineral
deposits will be carried out.
Evening star., 1914-01-20
MOVES TOWARD UNION
IN CENTRAL AMERICA
Leaders Eliminating Themselves
That People May Be Left Free
to Make Choice.

Correspondence Just received by COM
mercial houses in New York and forward
ed here regarding the movement to es-
tablish union of the five Central Ameri-
can republics, refers to constantly increas-
ing activity on the part of advocates OF
the union and confirm reports as to the
probability that convention composed
of delegates of the liberal party of each
country will be held for the purpose of
fixing some definite plan of action.
In order to demonstrate the sincerity of
their desires in favor of the union idea,
three Central American presidents have
now made formal declarations. disavow-
ing and definitely disclaiming any pur-
pose of seeking the chief magistracy Of
the new government when formed
People Given Free Hand.
This has been done, so the reports
state. to eliminate as far as possible any
atmosphere of personal politics or ambi-
tion and give the people an absolutely
free hand in choosing their own leaders.
President Manuel Estrada Cabrera Of
Guatemala was the first to take this
course. asserting that he would never
the1ess use every influence at his COM
mand for the establishment and mainte-
nance of the union. His lead has now
been followed by President Bertrand of
Honduras and by President Meendez of
Salvador, according to the word received
here.
AS a result of the attitude of these
men, it is said, the peoples of these coun-
tries, including foreigners, have been in
spired with the idea that Central Amer
lea is politically awakening and that the
development of the millions of acres of
untouched lands and forest tracts, the