davidaulloa/AmericanStories huggingface dataset:
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1923-04-02
AID FOR OUR FARMERS
IS PROMISED BY NEW
RURAL CREDITS ACT
Secretary Wallace Of Agricultural
Department, Says Measure VIII
Soon Begin Functioning
REDUCED INTEREST RATE
Act In Two Parts-Government
Agencies And Credit Cor
porations

WASHINGTON, April 2.-Finan.
cial relief for farmers is provided
in the new Agricultural Credits act
which the SECRETARY of agriculture,
Henry C. Wallace, in describing the
act, says: con the last day it
was in session congress enacted the
Agricultural Credits act. This act is
designed to give the farmer the sort
of credit he needs to produce eff
GENTLY and market in an orderly way
the products Of the farm. 1t is an
effort by congress to meet a need
which has been felt at least for so
years. The act may not be perfect.
Experience may show the need of
amendments from time to time. But
it furnishes the basis for a system of
intermediate credit adapted for farm
conditions and farm needs. Also it
should bring about a reduction in the
interest which farmers pay for mon-
ey borrowed.
'The act is divided into two parts.
In the first it provides government
agencies for handling agricultural
loans. In the second it authorizes
the organization of private agencies
under government supervision for
making loans on livestock security
and on farm commodities on the
way to market.
mo doubt some time will be re-
quired to get this machinery in
smooth working order. 1t -Will be
just like building up new business.
1t should not be very long, however,
before the benefits will be apparent
and the farmer will find that he can
borrow needed capital for a period
up to three years without having to
pay an unduly high interest rate,
without having to renew his notes
every ninety days or six months, and
without being in danger of having to
sacrifice his crops or live stock be-
cause of a sudden financial furry.
The second division of the act
authorizes the organization, under a
Federal charter, of national agricul-
tural credit corporations, these to be
organized by private capital. They
will be under the supervision of the
comptroller Of the currency, just as
are other national banking institu-
tions. They must have a capital
stock Of at least $250,000 They may
issue collateral trust debentuges up
to ten times their capital and sur
plus. Such corporations will prob
ably be organized in the Western
states where the live stock industry
is important and where cattle loan
companies now are in operation.
I'm addition to the provisions OF
the act designed to furnish the far
mer much needed intermediate cred
it, certain changes have been made
in the law under which the Federal
land banks operate and in the Fed
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1923-04-02
PEACHES ARE NOT
SERIOUSLY DAMAGED.

MACON, April Although low
temperatures were again recorded in
the peach belt yesterday for the
second time in two weeks, it is not
believed that any serious damage
was done to the Middle Georgia or
chards.
Reports from Fort Valley yester-
day indicated that there was frost
and some ice in the lowlands.
There may have been slight dam-
age in the low spots, but nothing
serious" said A. j. Evans, one OF
the most prominent growers In the
belt.
j. G. Carlisle, general manager OF
the Georgia Fruit Exchange, said
that he had warned growers that
they had better start smudge fires,
But he said that while his reports
yesterday were meagre there was
nothing to indicate that any great
amount Of damage had been done.
Throughout the peach belt, there
was beautiful Easter weather." as
one grower put it.
Were going to have close to
normal crop of peaches" declared
Mr.. Carlisle again last night, unless
something further happens to dam
age the fruit There have been
losses, but there will be plenty Of
peaches after all, if the growers take
care of what has been saved. F"
Mr.. Carlisle was considerably wor
ried over the outlook in the North
ern part of the state where TEN.
peratures were severeal degrees be.
low the freezing point, according to
reports. 1t was impossible to state
last night, he said, how much dam
age had been done in that section
by the latest freeze.
The temperature yesterday morn
ing reached SO degrees in Macon
Orchardmen around Macons in the
Walden district especially, had
smudge fires laid but did not light
them. They reported no frost.
Because of the cold weather OF
last night many growers feared frost.
The weather bureau, however, indi-
Gated that the temperature would not
90 below SO.
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1923-04-02
REVIVAL SERVICES
GROWING IN INTEREST
First Methodist Church Holding
Weed-Day Meetings This
Week At Courthouse

Interest grows in the revival serv-
ices now in progress at the court
house, being conducted under the
auspices of the First Methodist
church,
These meetings are being held
twice daily, in the mornings at 10
O'Clock and in the evenings at 7:45
O'Clock, and since yesterdays .serv-
ices, the attendance has been most
gratifying, at the Monday morning
hour, considering the time to be a
busy one in business circles, many
men of affairs We're present.
The initial of these meetings be-
gan with Sunday nights services
when Pastor Cutler, who is doing the
preaching, made talk on what con-
stitutes a revival, many pledging
earnest whole-hearted support Of the
movement.
The pastors theme Monday morn
ing was on the subject of prayer,
quoting many passages. from the
scriptures as well as personal eX-
periences coming under his know
ledge of what prayer has accomp-
lished in the lives of many individ-
uals.
This evening at 7:15 o'clock the
men and the women of the church
will hold prayer services just prior
TO the preaching hour and the song
service.
The attendance yesterday morning
at the special Easter services was
quite large Notwithstanding weather
were unfavorable. The
pastors sermon was on the Resur-
rection of Our Lord, appropriate
music suited to the occasion was
rendered, and holy communion
marked one of the best and most
helpful of services which has been
given for sometime.
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1923-04-02
TWO OF AL SPENCER
GANG ARE CAPTURED
NEAR. JAY, OKLAHOMA
Robbed First National Bank AT
Gentry, Arkansas, Late
Saturday
TWO OTHERS WOUNDED
Three Women Also jailed In
Connection With Saturdays
Exploit

FORT SMITH, Ark, April 2. -
Clark Pitts and Campbell Keith, cap
tured by posse searching for ban
dts who held up and robbed the
First national bank at Gentry, Ark.
Saturday, have admitted, according
to advices received from the sher-
iff at Jay, Okla, that they were
members of a band led by Al Spen-
Ger for whom posses have been beat
ing the foothills of Eastern Okla
homa for weeks.
Pitts and Keith We're taken to jail
at Bentonville, Ak.
According 20 officers, two other
members OF the band were wound
ed when they were fired on while
making their way through the town
Of Bloomfield shortly after the rob-
berry.
Three women, one said to be the
wife of member of the band, also
has been arrested.
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1923-04-02
MUCH REGISTERED MANI MAIL
STOLEN BY ROBBERS IN
B0LDEST HOL.P-UP YET
Six andits Attack Truck In
Heart OF St. Louis And E.s-
cape With Rich Booty
TWO GUARDS ARE SILENCED
No Estimate AS To Value Of
Stolen Loot Yet Given Out
Police Are affletd

ST. LOUIS, April 2,-Five or six
men armed with sawed-off shotguns,
held up a mail truck in the business
section of the city took a quantity
of mail including nine pouches of reg
istered mail, locked the driver and
me Ijenger in the cage of the truck
and escaped.
The truck was on its way from the
main postoffice to a sub-station at
the time of the robbery.
The hold-up occurred in the heart
of the stock brokers' district.
Postoffice inspectors said they
would be unable to estimate the
value of the stolen pouches until a
check had been made. 1t was said,
however, there was no big bank mail
in the loot.
The police asserted it was the
boldest robbery in the city's history.
The mail was for delivery to large
business firms. Near the sub-station,
it was announced, a touring car
drove alongside of the truck and
five men jumped out. They covered
the chauffeur of the truck and the
messenger, both of whom were arm
ed, and compelled the messenger to
get into the touring car. The chauf-
feur Of the truck was then ordered
to drive to'an alley four blocks away.
The messenger was relieved of the
keys and the cage door of the truck
was opened by the robbers. They
threw the mails into the touring car
and after placing the messenger in
the cage of the truck, drove off.
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1923-04-02
HANSON BUYS INTEREST
I'm MONTGOMERY PAPER

MONTGOMERY, Ala, April 3
Victor Il. Hanson, publisher of the
Birmingham News and formally ad-
vertising manager of the Montgom-
cry Advertiser, has pHrchased a
three-fourths insterest in the Adj
vertiser and has been elected presi-
dent and publisher, it has been am
nounced here.
Mr.. Hanson purchased the entire
holding Of the heirs of the late Maj.
w. W. Screws amounting to fifty
per cent of the total capital st elk
of the Advertiser company. He also
purchased the one-fourth interest OF
Charles Allen. Captain W. T. Shee-
han retains lis one-fourth Interest
and will be associated with Mr.. Han
son in the conduct Of the paper as
vice-pregident and editor.
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1923-04-02
LUMER TRADE
AS AN INDEX

WASHINGTON, April Inc
lumber Industry, taken as an index
to activity in other lines of building
materials indicates the strong de-
mand, exceeding production, which
government authorities say, has re-
suited in inflated prices.
Figures for total production of
softwood lumber, including pine,
hemlock and redwood. for the 10
weeks of 1923 ending March 10, show
a total cut Of 2,049 1885 feet.
In the same 10 weeks, however,
shipments amounted to 2.494, ,592, ,365
feet and orders booked aggregated
1859, 9,371, ,081 feet. Orders, it will be
noted, exceeded production by more
than 6OO,O00.000 feet.
AS compared to the same period in
i1922 production increased 287,096,-
s27 feeet, shipments climbed 802,-
955,457 feet, while orders were 955,-
128,023 above those for the same
period last year.
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1923-04-02
SOARING BUILDING
COSTS PERIL TO
1928 PROSPERITY
U. S. Experts Say Builders Strike
May Halt Boom In All
Industries
PRESENT PRICES INFLATED
1t Costs You 10 Per Cent More
Than 1t Should To Build
Your House
BY HARRY HUNT
NEA Staff Correspondent

WASHINGTON, April 2.-Soaring
building costs which the government
hopes to end by suspending work on
all new government construction un-
til present initiation is checked, is the
biggest danger factor in Americas
business situation for 1928. say De-
partment of Commerce authorities.
If imitation in the building trades
can be stopped before impossible
prices have resulted in another build
ers' strike, which would react on the
whole range of the nations indus
trial activities, the country may be
expected to move ahead this year into
the greatest period of general pros
peirty known since tn early war-boom
days.
''With the exception of the trou-
bled area of central. Europe, the
whole world is getting back toward
normal again. says a leading COM
meree authority. And the effect of
disturbed conditions in Europe on
our commerce have been greatly over
stated.
Gain in South America
with most Of Europe and with
Asia and South America our com
merce is showing steady and encour-
aging gains. The development of
new business in South America is
particularly encouraging.
There is no expectation that build
ing costs ever will get back to the
basis of pre-war days, but figures
compiled by experts indicate that a
proper level for building construc-
ton today would be in the neighbor-
hood of rs per cent above the cost
of similar construction in 1913. On
an index figure of 100 for 1913, that
would be IT'S today.
Present costs, however, stand at
1875 for brick buildings, 1919 for
frame dwellings and 1876 for fac
tory construction. This would indi-
cate "inhation" of approximately 20
points, or about 10 per cent of pres
ent costs.
Increase in 1922
Building construction for 1922 m
creased approximately so per cent
over 1921, according to government
figures, the total-in square feet of
floor space - being 571,000,000 in
1922 as against 388,000,000 in 1921.
Unless further imitation in prices
forces a cessation Of building activi-
ties, it is believed 1923 building wiz
show construction aggregating well
above 600,00O,000 square feet.
Should material prices be forced
higher, however, along with wages
of bricklayers, carpenters, plasterers
and other skilled workmen, for
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1923-04-02

erai Reserve act.
Heretofore Che maximum amount
which might be loaned to any in.
dividual by the Federal land banks
has been $4,000. This has been in.
creased to $25,O0O Also the pur.
pose for which mortgage loans may
be made has been broadened to in
clude the repayment of any existing
indebtedness,
"The Federal Reserve act is
amended by broadening the defini.
ton of what is called agricultural
paper, making it include the grading
and processing of agricultural prod
ucts by cooperative marketing as
sociation. Heretofore the Federal
Reserve Banks have not been per-
mitted to discount agricultural paper
for a longer period than six months.
This period has been increased ia
nine months.
"The life of the War Finance corr
poration is extended VI to Febru'
ary 20, 1924, the expectation being
that by that date the new credit
facilities provided for under this
agricultural credits act will be SUI
ficient to meet the needs"
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1923-04-02
EIGHT DIE IN COLLAPSE
OF INDUSTRIES TOWER
Believed Another Body Is Buried
Under Mass Of Steel And
Concrete

HARTFORD, Conn, April An
other body was taken this morning
from the wreckage OF the Fuller
Brush company tower which col
Lapsed Saturday, making eight known
dead.
1t is believed at least one more
body is under the mass of steel and
and concrete.
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1923-04-02
DOES 1T INTEREST
EVERYBODY?

Of course its true that all this
applies to Americas foreign trade
Americans who want to sell goods
abroad can't sell them if conditions
abroad are so disorganized that the
countries are unable to buy.
And the American members of the
International Chamber of Commerce
must be interested in international
trade, or they wouldn't have joined
that kind of an organization.
From their standpoint, then, a
feeling of anxiety to straighten the
foreign situation out is natural
enough.
But there's a group Of Americans
who can't see how it affects them.
Their business is at home. they say,
They don't care if they never sell
any goods outside the United States
The foreign traders answer is
that there's got to be a foreign mar
ket for American products or they'll
be piled up at home. If so, they say
we'lI have hard times-labor'll
starve.
Why? The others ask. If labor
produces more than it needs to eat
and wear and go fivvering in, why,
should it starve? Why doesn't it
eat and wear and go flivvering up
TO the limit of safety and let the
over-products go, or store it away in
case it's needed later on?
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1923-04-02
FIRES PROTECT REYNOLDS
ORCHARDS.

REYNOLDS, April 2.-Thousands
of smudge fires were kept burning
throughout the night, from 8 o'cloeA
Saturday night until 5 o'clock sun
day morning, in an effort to prevent
frost damage. A smoke screen was
thrown over the orchards. The fght
was successful, it was reported at
daylight. No damage was done
here. Such spectacle was never
witnessed here before. There VIII.
be 500 cars of peaches from this
section.
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1923-04-02
FAKE OIL PROMOTION
IS GANG ROUNDED Up
Federal Officers Arrest Many For
Using Mails To Defraud
Investors

FORT WORTH, Texas, April q
The first blow of the federal gov
ernment in investigation Of oil pro-
motion operations in southwest fell
this morning with the arrest Of many
oil operators on the charge OF using
the mails to defraud in inducing peo-
pie to buy stock by false representa-
ton
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1923-04-02
COOLEST EASTER SEEN
IN SOUTH SINCE 1881
REPORTED BY BUREAU
Frost and Some Ice Reported
In Spots Through Middle
Georgia LowIands
EXPECT NORMAL CROP
Smudge Fires Around Reynolds
Kept Burning To Protect
Peach Trees

ATLANTA, April 2.-The eoldest
day in the history of this section Of
the country for the season since
April 2, 1881, when the mercury
dropped to 25 degrees, early Sunday
the local weather bureau announced.
The temperature was around 28 de.
grees, it was said
No alarm need be felt over the
matter, the weather official said, be-
cause the day became warmer and
the afternoon was most pleasant. The
weather bureau also announced thar
it did not believe the cold wave did
any appreciable damage to the young
crops.
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1923-04-02

STEWART calling on all coun-
tries to join in the discussion was Of
fered by President F. L. Fray, of the
Greenville (Pa.) Street Car Com
pany; and the chairman of the f.
nance section Of the congress, which
adopted it was Vice President WHY'S
Booth of the Guaranty Trust Com
pany Of New York.
So the proposition has quite ar
American flavor.
Members of the congress took the
view that the United States is so
mixed up in the worlds affairs that
it's impossible for her to enjoy real
prosperity unless the rest of the
world enjoys the same thing-"with-
out recognition" as the resolution
put it, "of the interdependence of
the worlds economic organization
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1923-04-02
ARSENATE IS
AVAILABLE FOR STATE.

ATLANTA, April 2.-The Georgia
state board of entomology has con-
tracted for 100000 pounds of cal
cium arsenate which is to be sold to
the farmers of the state at 16 cents
pound in car lots delivered to their
railroad station, Commissioner of Ag-
riculture Brown, chairman of the
board, announced.
In less than car lots the arsenate
is to be sold to farmers for 16 cents
pound fob. Savannah, it was
stated.
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1923-04-02
KNIGHTS TEMPLAR SERVICE

ALBANY, April 2. = hnights
Templars of the local commandery
held Easter services Sunday after
noon at $3.50 o'clock at the First
Baptist church, with Rev 7. NJ. Cal
Dlaway. of Baconton, delivering the
Easter sermon,
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1923-04-02
ENGLAND KEEPING
THE RULE

Anybody "shot up BY the British
navy henceforward will have the sat
isfaction of knowing that it was done
strictly in accordance with the terms
Of the international arms limitation
conference in Washington early in
President Harding's administration.
The United States governments
heard recently that the range of some
of the guns on England's capital
ships had been increased beyond the
The limit which this agreement fixed
and Secretary of State Hughes said
as much in a speech. AS soon as
King Georges ambassador read it,
he notified Secretary Hughes that he
Continued on Page A.. =
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1923-04-02
NEw LEGUME DoEs WELL

WAYCROSS, April al !
Darling has two and half rows q
Lindsay johnson beans now bearing.
This is a bean, the seeds OF whlca
were brought to this country from
the Hawaiian islands. The fruit re-
senbIes in shape and taste to the
string beans with which Georgians
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1923-04-02
NOT ALL LIKE US.

1hlS isn't explained.
True, there are countries that
can't afford to look at it this way?
For instance, England can't. She
hasn't the space to produce the raw
material she requires. She produces
more of some things than she needs,
but not nearly enough of others.
She's got to trade what she over
produces for what she doesn't pro-
duce at all
The United States. however, is en-
tirely self-supporting. She could be
cut off from the rest of the world
forever and not know the difference,
except perhaps that she might have
to get along without a few things
like coffee and some tropical fruits
and arctic fox pelts and "such."
If the United States can't get
along by herself, ask the sl1eptics
why doesn't the whole world over
proudce and have hard times, lack
ing facilities. to unload her surplus
onto Mars,
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1923-04-02

ropes post war
problems of all
sorts?
A world confer
ence for the adjust
ment of these prob
lems-inancial and
economic-was de-
clared necessary at
the International
Chamber of Com
merce congress in
Rome last week.
The resolution
- II
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1923-04-02
HARDLY EXCITED A-TALL.

IN Snort persons VINO uOuDJ Jhe
real seriousness-to themselves-of
The world business perils that the In
ternatiinal Chamber of Commerce
talks about, incline to the view that
the United States can be about as
prosperous without foreign trade as
she can with it.
Not that they have any objection
to seeing Europe helped out in her
time of trouble if it can be done with
out too many sacrifices on their part,
but personally they don't see how it
makes great deal of difference to
the average American either way
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1923-04-02
TRADED MOSTLY AT HOME

And anyway, its also asked, was
Americas foreign trade so very i'm
portant factor in keeping her sur
plus down, in the days before the
smash was played with it by the
war?
In answer to this question, it trans
pires that the pre-war exports of the
United States were around per cent
of her total commerce, the rest of her
trading having been done at home.
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1923-04-02
" hats Going
on in the
World

BY CHARLES P. STEWART
Has the average American so very
much to gain by a settlement of Eu-
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1923-04-02
clIIRwoRK INTEREST GROWS

LUMPKIN, April z. = hepoIUs
from the various clubs in this coun-
tv formed in connection with the
work of Mrs. Tassie o. Clark, home
demonstration agent for Stewart
and Webster counties, show tnaG
plans were well made, and the work
begun on substantial basis for the
vear
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1923-04-02

An imported frock of navy blue
rep has large patch pockets of
cherry red velvet embroidered in
green, black and silver. Otherwise it
is untrimmed,
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1923-04-02
FLOYD COUNTY DOCTORS
WILL ATTEND SESSION

ROME, April 2.-PracticaIIy an
Floyd vounty physicians are expected
to attend the meeting on the evening
Of April 4 of the Seventh District
Medical society, following dinner at
the Wayside Inn at Cedartown. The
business session will be held at The
Cherokee club. The Polk county So
ciety will act as hosts, and DR.. w. j
Shaw, of Rome, will respond to the
address of welcome. Drs. r. NJ. Har
bin. McCord and Smith, of Rome,
are among those who will read papers.
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1923-04-02

whom increases effective May ! al
ready have been announced, the
wears total may show an actual
slump below 1929.
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1923-04-02

For Georgia: Cloudy on the coast
and fair in the interior tonight and
Tuesday; slowly rising temperature.
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1923-04-02
!, AMERIcUs SPOT COTTON

"a o5 y uly OCI.
1856 I27.90I2
I28.87 E2S.10f25.40
% CT % Anfnr 90
4 .. - Z o. W 1 Z DO y
l28.3Ot27.62i25.22