The Birmingham age-herald. [volume], September 27, 1913, Page 3, Image 3

About The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950

Image provided by: University of Alabama Libraries, Tuscaloosa, AL

                
That Good Looking Suit,
, 1922-24 First
Avenue
Tailored by Rogers- Peet or
by Schloss of Baltimore
Yes, there is the tendency to Com
tinental style in the men’s wear. It
shows in the high waist line, in the
high cut vest, and in the straight
trousers.
Very smart unfinished worsted, 3
button sack suits; soft front, patch
pockets. Price
$30
3 /
Young men’s 3-button sack styles.
Suits priced
$15 to $25
Other Suits
$15 to $40
Shirts, Waistcoats,
Neckwear, Half-Hose
EIGHTGOVERNORSOFALABAMA
1874—1901
No. 66—The New Generation to the Front
Edward A. O’Neal, Governor
Rivalry for the nomination for gover
nor by biennial party convention became
unusually acute in the spring of 188*1
The great gathering at Montgomery, in
April, to welcome President Davis,
brought into close communication per
haps every political leader of general in
fluence in the state.
Of greater importance to the political
situation, it brought together, for the
til at time, a large concourse of voters
w ho were in infancy in the war time and
in childhofA had little appreciation
i of the 10 years of military rule and ks
degradation.
This now’ largely grown proportion of
the voters had arived at the enjoyment
of the suffrage upon the tide of victory,
won by their fathers over tile hard con
dition of military rule. Already Spencer
and his retinue of carpetbaggers had de
parted. the scalawag had returned to his
normal political relations, the negro had
unconditionally retired from political agi
tation and had settled down to peaceful
and normal attitude toward white supre
macy In affairs of government and
society.
J nU IIUW VUL'.'in Hill. IUI I I iv llUrilM |
among themselves, went home, read the
same newspapers ar.d arrived at a com
mon view of the public weal. They re
pudiated notlling of the virtues of their
lathers.
In connection with the political devel
opment, certain physical advancement of
the state was to be taken Into the esti
mate of the situation.
Notwithstanding the sacrifice of life on
battlefields for tour years and in other
ways resulting from the disturbed condi
tions of those years, the drafts of a heavy
immigration movement following the
close of the war, the population of 1886
was greater by more than 250,000,000 than
when the war closed. Excess of state
debt, resulting from bad government in
the military period, had been adjusted,
while the new railroads, originally in
volved in it, passing through rich mineral
resources, for the most part, were now
valuable assets. More than 2000 miles of
new railroad had been built and put i?i
operation since the war, new telegraph
lines had been built and the telephone
freely introduced.
Since the war, up to 1S86, cotton mills
were founded at Montgomery, at Annis
ton, Cypress, in 1 .Ruderdale county, at
Huntsville, Hurricane creek, in Cherokee
county, at Selma. Mountain mills, in Col
bert county, at Prattville, Rock Mills, in
Randolph county, at Tallassee Falls (re
organized and enlarged), at Cdttondalc,
at Tuscaloosa (two mi'Is), a mill in
Chambers county, near West Point, Ga.
Besides these, there were the Henderson
woolen mills of Pike county and the
Killebrew woolen mills of Dale county.
In the same post-bellum period 36 coal
mines had been opened to successful
working.
Suddenly Alabama had even now be
come one of the recognized iron produc
ing states. The output here was, way, 25
per cent of that in Michigan. Alabama
produced in 1886 more than 25 per cent of
the pig iron produced in all the states in
1860. There were rolling mills at Birming
ham, lit Gate City, Shelby, Anniston;
car axle works at Anniston, Bluff ton an 1
other iron 'manufactures at various
places.
More than a million acres of improved
farm lands had been added to the agri
cultural industry in 10 years.
In ten y ?ars from 18876 to 1886 the as
sessed value of property for state taxes
increased from $136*636.792 to M73.888.0H7.
The president of the senate, Thomas
Seay, senator from Hale, the heart of the
black belt, now Just arrived at the age
of 40 years, a lawyer of advancing repu
tation, a cotton planter on a large scale
and successful where many had failed
In that line of business, with an enviable
record of Confederate army service, a.-*
back ground, announced Ills ambition to’
be governor. With a prisoner of war’.*
parole in Ids pocket * he entered the
Southern university at Greensboro and
graduated there.
The competing c mdidates for governor
went out on the “house to house” can
vass. Mr. Seay seemed to pay particu
lar attention to the post-bellum clans of
voters, the younger men interested in the
new industries. .At Birmingham he
though the incidental protection by tariff
ol «oaJ and iron a fair federal policy.
Oirctfit Judge Henry D. Clayton of Bar
bour resigned bis office to contest for the
party nomination for governor. He was
a remarkable man. Starting with a col
legiate education, be entered the ba*\
! From a seat in the legislature he enlisted
as a private in the state troops, going to
the great war. On ids merits he rose to
the rank of major general, lie was no
tably one of the best lighters in the Con
federate service.
X. H. K. Dawson of the Selma law firm,
Pettus, Dawson & Tillman, declared his
candidacy for the party nomination for
governor. He, too. had a collegiate edu
cation. He went out early to the war. ih
captain of a Selma company, organized
in the historic Fourth Alabama infantry,
lie was known as a gentleman of culture
amt fine native capacity. He was now
speaker of the*house.
Papt. J. AJ. McICleroy now revived his
ambition to be governor, in 1882, it will
b»- r j mem bored be contested ardently
against General O’Neal for the nomina
tion, but was defeated. In 1881 lie an
nounced as a candidate against O’Neal
for a second term, but later withdrew his
name, which lie had entered in “mistake,"
•he said.
June 9. 18S6. Chairman H. C. Tompkins
of the democratic and conservative state
committee called the biennial party con
convention to order in the hall of the
house of representatives. Seven hundred
and twenty-two delegates answered to
roll call. Contesting delegations appeared
from Mprgan, Lowndes and Greene coun
ties.
.jwiih lj. itamer oi Montgomery was
chosen president and a young Ohioan, set
tled in Birmingham, Robert Warnock,
was made secretary.
Gen. E. W. Pettus put in nomination
for governor N. H. R. Dawson; Gen.
George P. Harrison followed with the
name of Henry D. Clayton; Maj. W. \V.
Screws offered ,T. M. McKleroy, and Mr.
S. A. Dobb of DeKalb named Thomas
Seay.
It was proposed that the two-thirds
lule be dropped. Delegrates John VV. A.
Sanford of Montgomery and Frank Boy
kin of Dallas favored the reform, con
tending that in a democracy the majority
should rule. General Holtzclaw of Mont
gomery and E. J. Taliaferro of Madison
would hold to the old rule. We have not
a pure democracy, they said, but a repre
sentative government that provides pro
tection for the minority. After a hot de
bate, in which Mr. Collier of Tuscaloosa
participated for the motion, the motion
was lost.
On the tenth ballot McKleroy was with
drawn.
On the twenty-fourth ballot, the second
day, Mr. Seay seeing his chances im
prove, became greatly agitated.
Delegate W. J. Samford, seeing the ex
citement on the floor and the resolute con
tention of the factions, proposed that bal
loting for governor be dropped until the
remainder of the business of the body
should be concluded and quiet resumed.
On the twenty-ninth ballot, the thirej
day, Seay was 100 votes ahead; on the
thirtieth ballot Roquemore withdrew
Clayton and immediately General Pettus
withdrew Dawson. Seay was then nomi»
nated by acclamation amidst a torrent of
excitement.
The train on which Mr. Seay returned to
Greensboro was met there by the popu
lation of the town and hundreds from
<T& mNDERBILT HOTEL
A 34&ST.EAST at R\RKA!/E.,NEW'YORK.
A Subwav Entrance
“An hotel of distinction
with moderate charges"
Within five minutes of principal railway terminals.
Situation ideal. «
TARIFF:
Sinale rooms .... per day—*3, S4.t5.SS
Double rooms - • • £5, SO, (7, $8
Double bedrooms, boudoir
drewlng-roora and bath - SS, SIS, Sit
Suites—Parloir, bedroom and bath - Sto, lit, SIS
Each room with bath
a^s=sacas3c ■ fi..i ,^.4., uia—gsaa——ca—ai
WANT NO CHANGE IN
IMMIGRATION LAWS
Cullman Sends Delegates to
German-Ameriean Con
gress in Atlanta
Cullman, September 26.—(Special.)
A number of Cullma<i citizens will at
tend the G eft-man-American congress,
to be held in Atlanta next week. Among
the number is D. C. Behrens and Max 1
Oeser. The protest of the Gern^an
Amerlcan bund of Alabama against
changes proposed in the Immigration
laws will be presented to that congress
by the state president, William liicli
ard, of Cullman.
\ ' -
The piking of the Cullman road3 is
progressing rapidly under the direction
of contractor 1%. M. Wheeler. Several
miles have been graded and laid with
stone and chert on each division.
The removal of the scaffolding about
the new courtlfouse announces the fact
that tiie building is about >eady for
use. .fudge Speake lias announced that
be will hold the four tveeks of court
Hi ere beginning October 13. The firs!
w eek of court to be special pleadings,
and by October 2D the finishing of the
house will be complete. This is one
of the handsomest courthouses in the
state and a credit to the county. The
contractor is said to have lost jj 0,000
on tiie building.
It is said that tile Kather opera house
will be converted into a business bouse
and a splendid new opera house will be
built by the Beyer brothers.
YOUNG GIRL MAY GO
TO REFORM SCHOOL
Huntsville, September 26.—(Special.)
Ethel Cook, the Athena girl who was
arrested here several nights ago on
request of the Lincoln county, Tennes
see, authorities, who want her for the
theft of several willow plumes will
probably l>e sent to the reform school
She was *a.keu from the city prison and
placed in the custody of the Salvation
Army homo here, but later the police
found her on the streets and rearrested
her.
Hurt in Decatur Yards
Decatur, September 26.—(Special.)
A negro named Garth was seriously In
jured in the Louisville and Nashville
shop yards where he was employed to
day. lie ran in between some cars as
they were being coupled and was badly
mashed. *
— -—_ _ _ ?
tlio county. Business was suspended
stores lucked, church I jells tolled flags
run up and all sui ts of decorations spread
An escort composed of the foremost citi
zens guarded the nominee to his door.
Ellis Phelam had resigned the office of
secretary of state and Governor O'Neal
tilled It by appointment. Hon. Charles
E. Gangdon of Mobile whs tile selection
made, a native of New England for half
century a leading citizen, a union man and
whig before the war. Plielau went to
Massachusetts for a cold climate and was
promptly made probate judge. T.angdon
now received the party nomination for
secretary of state. Treasurer FTed H
Smith was renominated. Auditor M. C.
llurke was renominated. Attorney Gen
eral J. N. McClellan likewise, and Solomon
Palmer to another term as superintend
ent of education.
The same supreme court—Stone, Clopton
and Sommerville—was renominated.
Arthur Bingham was self announced re
publican candidate for governor without
organized party support.
There had been some agitation of the
prohibition question. To promote this J.
T. Tanner of the valley of the Tennes
see declared for governor.
Judge Clayton, as we have seen, resigned
his judicial office when he entered the
pre-convention campaign Jor governor. He
was too valuable a man to dismiss from
office. The trustees of the State univer
sity elected him president of that institu
tion.
Capt. N. H. R. Dawson, ^nother defeat
ed candidate before the convention, was
recommended to President Cleveland for
the office of national superintendent of
education, received, the appointment anil
distinguished himself in the duties of that
office.
The fourth candidate. Captain McKle
roy. moved from Eufanla to the boom
town Anniston, and becatpe a leading pro
moter or the mineral development.
JOHN WITHERSPOON DUBOSE.
FOREIGN EXCHANGE
DEALINGS GREAT AID
IN HANDLING CROPS
Change in State Law of New
York Requires Report
on the Items
HOW OPERATIONS
ARE CONDUCTED
Large Figures of Banks at Present
Justify Impression That Crops
This Year Are as Large
as Last
By HOLLAND
New York, September 26.—(Special.)
Reference was made In this letter several
days ago to the publication of an item In
an official statement of the resources of
one of the great trust Institutions of the
United States to the effect that as a part
of its resources this institution possessed
in round numbers foreign exchange of
the value of $30,000,000. This item was ex
ceptional and there was much interest in
financial circles In the statement and
especially in the reasons which had made
it expedient for this institution thus to
itemize its foreign exchange as a part of
its resources.
There was, 'as was pointed out in the
article, a much more important feature
in the publication than the mere fact that
it was unique, not having been done be
fore. The figures themselves told a story
of the magnitude of the financing which
tlie great crops of this year have made
necessary. The figures also tended to re
fute an Impression which has prevailed
over some parts of this country that the
financial institutions of New York have
been withholding aid from crop sections.
For if a single institution has bought
foreign exchange recently of the value of
$30,000,000, there can be no doubt that
other large institutions have also bought
foreign exchange In large amounts behind
which stand agricultural products. Tlv
purchase of foreign exchange is one of
the ways by which the harvests are
financed.
Change in Laws
The publication of this item in the list
of the resources of the Guarantee Trust
institution was, it now* appears, made
necessary by a change in the regulation
of the New York state banking depart
ment which was recently made. Hereto
fore state chartered institutions have not
been instructed by the state banking de
partment to set forth in detail their for
eign business, but have been permitted Uj
lump that business all under one head.
Hereafter these institutions must enum
erate in their list of resources the foreign
exchange which they possess and must,
on the other hand, set forth in their state
ment of liabilities what the obligations
against them created by their foreign
business amount to.
These rules will not affect more than
three or four state-chartered Institutions,
for only the largest institutions make a
specialty of dealing in foreign exchange.
Some of the national hanks handle largd
amounts of foreign exchange and the pri
vate international banking houses also,
do a large business of this kind.
dome figures 01 magnitude
The publication, however, of this item
of $30,000,000 of foreign exchange now pos
sessed by a single institution led to In
quiries which have been fruitful in their
results. Max May, who came from Chi
cago to New York some years ago to take
ohagre of the foreign exchange business
of this institution and who is regarded
in Europe, as well as in this country, as
one of the geratest, if not the greatest,
master of the principles of foreign ex
change—at least since the late J. P. Mor
gan demonstrated years ago his wonder
ful mastery of tills science—was asked a
few days ago by the executive officers
of the institution if lie could reduce ti
dollars and cents the transactions of this
institution in the year 1912, which repre
sented its financing of American crops 11
that year.
Much the greater part of this financ
ing was done through the purchase of
lmis of exchange behind which commodi
ties stood. Almost all of these commodi
ties represented the 1912 fruits of the soil.
Cotton bills were largely represented in
these transactions, and so was grain of
all kind3. In order to reduce to dollars
and cents these foreign exchange and
transactions a good deal of complicated
mathematical computation was necessary.
But that is a feature of the foreign ex
change business which must be mastered
by those who have handled this business.
They are necessarily expert mathe
maticians. Mr. Morgan himself was rec
ognized in hi6 early life as a master of
mathematics both practical and pure or
abstract as well.
Mr. May made his computations and a
few days ago put the results of them be
fore the officers of the trust institution.
They reveal that this one institution in
the year 1912 financed American agricul
tural products which were for the most
part harvested in that year to the ex
tent of $7,800,000, round, numbers.
Harvest of 1912
The harvests of 19192 were roughly esti
mated as having been of tre money value
of somewhere between $9,000,000,000 and
$10,000,000. If we take the smaller amount,
the nit can be demonstrated that a con
siderable percentage of this amount is
represented by the financing done by a
single great institution.
From another point of view the analy
sis of * interest is of importance. Using
round numbers for convenience, the toial
exports of agricultural products in th.*
year 19912 were in the neighborhood of
$1,000,000 money value. Foreign exchange
behind which stand agricultural commod
ities is the chief medium by which these
commodities are financed. Therefore this
single institution must have financed con
siderably more than one-half of the en
tire expotation of agricultural products
in the year 1912.
rnese iigures*- ai.su mrow some ng:ii
upon the manner in which the somewhat
perilous and certainly difficult financial
situation In the fall of last year was over
come. The magnitude of the crops, com
bined with a renewed activity in business
of all kinds, brought very heavy demands
to the bankers. The situation was com
plicated by the sudden outbreak of the
war in the Balkan peninsula and b.v the
consequent dumping of American securi
ties upon this country by Europe. It was
apaprent in the fall of last year that some
one or two financial institutions whicn
possessed large resources both in this
country and in Europe had seen the way
clear to meeting the demands of the
farmers. This institution was evidently
one of the American banks which re
lieved the situation from the great strain.
it was able to do that because It pos
sessed large capital and an equally large
surplus and because its strength had en
abled it to secure heavy lines of deposits
in various corporations, many of them be
ing of the kind commonly called big busi
ness. These resources, the high credit
established by the institutions abroad,
the confidence in it which attracted to
it large deposit lines, made it possible
for the institution to finance American
crops in the year 1912, as the authorita
tive figures show, to the extent of
1708,000,000.
The illustration goes to show what th®
value of large financial institutions that
possess very high credit really is to busi
ness and agricultural activities in tb*
Sobs subside
Tears disappear
Smiles reappear—
at sight of Wrigley’s ESEZZZ^
The bright little faces that await
you at home will be brighter and
happier, healthier and prettier, if
you take them this teeth-brightening,
digestion - aiding confection.
It pleases them and benefits them
besides. And this useful confection
purifies your breath, sharpens your
appetite, soothes your nerves.
•i„;, . v v r;
Look for
the spear
BUY IT BY
THE BOX
Chew it after every meal
First Address of Campaign
in Calhoun
CONFER WITH FRIENDS
Woman’s Missionary Union of C'aF
houn Adjourns—Call Pastor to St
Paul’s—All Ready for Festi
val at St. Michael's
«
Anniston, September 26.—(Special.)
Former Gov. Braxton Bragg Comer,
who is scheduled to deliver the first
address in Anniston of the present
;-ampaign at the Calhoun county court
house Saturday morning at 10 o'clock,
arrived in the city Friday evening.
Friday evening the former governor
held conferences with local friends and
supporters with a view of perfecting
his campaign in this county. Local Co
mer men believe that the recent devel
opments in the Louisville and Nashville
rate case will help the former governor
if it affects his case at all.
D. C. Cooper, who was a candidate
for state senator during Comer’s race
for governor, will probably introduce
him at Oxford Saturday afternoon.
The sixteenth annual convention of
the Woman’s Missionary union of Cal
houn county, which has been in ses
sion at Parker Memorial church in this
city for the past two days, came to a
close Thursday evening, the next meet
ing to be held at Nance's Creek next
September.
The convention was the largest at
tended in the history of the organiza
tion. Mrs. O. M. Reynolds was re
elected president for the seventeenth 1
consecutive time; Mrs. A. .1. .Johnson,
vice president; Mrs. YY. F. Brown, sec
retary; Mrs. Htephen Thompson, re
porter; and Miss Mattie Knox, leader of
the young women's work.
Features of the convention were the
singing and the part taken by the royal
ambassadors, who were brougnt down
from Jacksonville by Mrs. J. R. Ar
nold. A song composed by Miss Mar
garet Dudley Reynolds. “Sing, Ye Wom
en of the Southland,1’ which was one
of the features of the mission jubilate
at St. Louis last summer, was rendered
by the Young Ladies’ auxiliary. Other
United States. If there had been many
perfectly sound but small banking insti
tutions arid none with ability swiftly to
mobilize large resources it would have
been impossible last year to meet the de
mands for crop financing with celerity I
and apparent case. The very large figures j
reported In the recent statement of this
institution telling of its holdings of for
eign exchange at the present time justify
the impression that large, possibly equally
large, financing of the American harvests
of this year is now in progress.
musical features were solos by Miss
Hannah Crook of .Jacksonvile. Mrs.
Bennett of Jacksonville and Miss Flor
ine Smyth of Anniston.
Mrs: Reynolds and Dr. \V. F. Yar
borough made the principal talks. Mrs.
M. V. Moore of Talladega, Mrs. B. B.
Haralson of New Orleans and Mrs. i
Rackey of Dadevllle were prominent1
visitors at the meeting.
Extensive plans have been nqjde for the
observance of rally day at I lie Fnion
chapel at Oxford Sunday afternoon, when
tlie Salvation Army officials of this city,
S. A.4 Russell, .Mrs. M. 10. Adams and
others, tlie Rev. R. M. Harris and the
Rev. A. .1. Johnston of Oxford will lead
in the exercises. The church lias recently
undergone repairs.
Bishop Reets of the Northern Meth
odist church, • with headquarters in At
lanta. was in Anniston Thursday and
conferred with members of St. Paul’s
Methodist church here with reference to
ciflling a new pastor. The church has
been without a leader since the resigna
tion of tlie Rev. S. A. Morris several
mouths ago. It was decided to make ex
tensive repairs to the building and call
a new pastor. The church biuldlng Is
among the finest in the city, being a
stone structure, erected at a cost of about
$50,000.
The final practice has been held, the
church decorated and all other prelimin
aries completed for the celebration of
the anniversary of the founding of the
church of St. Michael's and the birthday
of John \Y\ Noble, donor of the church,
Monday evening. Rev. Dr. John B. Wing
of Atlanta, who has been called to the
pastorate of Grace Episcopal church, will
be in the city to assist Rev. Charles K.
Weller, the rector, In the church service.
A chorus of ;»i> voices has been trained
for the festival Monday evening’.
Congressman Pied B. Blackmon is ex
pected to arrive in Anniston from Wash
ington Monday evening. Mrs. Blackmon
lias been here for some time and will
spend tlie greater part of the winter at
home. Congressman Blackmon will likely
attend the funeral of Congressman Rod
denberry in Georgia.
Syrian round Guilty
Decatur, September 26. — Special.)
J. V. Uustiri. a Syrian, was found guil
ty of violating tin* state prohibition
laws yesterday In the law and equity
court and given a fine of $1<>0. Of lifers
found 96 bottles of beer stored away
in a bathtub and packed in ice at Ous
tin’.s home. He eluirned that the beer
was for his own use.
Don’t Wear the Old
§ Suit Sunday
I Shop of Quality
Drop around to the Shop of
Quality sometime today and
have a look at these excellent
and distinctive clothes for
fall, priced
$20 to $40
The Suit
—They’re the last word in
fabric, fashion and quality, f
—Cut and tailored by the best
tailors in America.
Yeatman& Baugh
1902 Second Ave.