Newspaper Page Text
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.