Southern banner. (Athens, Ga.) 1878-1879, April 09, 1878, Image 1
5&». » /itn rro^ ■ 14 > i o, iw*. NO. 26. UWUwSfflT <S fiSDRGIA LIBRARY £ *?> •*■* f? •'. * B A VOL. 62 I'ihst 1’agk—New Adrctliscmcnts. Comtuimi- cation, etc. , , .... Second Paok:—*a VfdunlAi Wc#(4 ii'N«<tei*lii»i poi'in. Ou made of pure Water. Mltcel’ai oua AdVertisonii-tttn. I tin J*i^!iii': Third Par,F..—A.Phvstcian’S Crime.- Man dim our and LcjM Advertisemddw. , ' ; *“ ; ' vOt'BTH Pac.b—Editorial *f Ka] Sotts. Fifth I*A(.i:.—i.ocal Department. Council l'r.t- ce*ditiga, *e. Sixth Page.— All for l.ove. Mi-.vllsnoii- A.l- vertlnemciits. Seventh Pa«e llol-el Archives—wliat General Xovnsend lina to say About ilium. Miscella neous Advertisements. Emmtii Page.—Agricultural Department. Ath ens. The Fourth. Commercial Market Ke- por'. Mia-ella'cniis Advertisements. Soiem Mutual Insurance irji P^Tjelt - i; IhiuSlibcm* r yjjii|l] , '• . (:>|C’oMiuwu<jaWiLj.y . rf To the Stockholders of tfte * COIVIIP^lSTY, // ATHEUS, GEORGIA. young u o. HAKRlj^eiillKtf'w >"O00*ig?toi^Bo^T9fWlv /.:n vt war - My reply is. it sfEVKXS 11 OJliS, S«&ii'tr. r:A .* Cross Assets, April i, is;;, . - oS Resident DireetcA'S.' tit . ■ ! Yoi nq L. G. Hakims, John fl. Newton, Dr. Henry IIi m,, Alims P. Hearing, Col. P.okekt Thomas. 10'22-wty Stevens Thomas, Eliza L. Newton, Ferdinand Piiisia r I»r. It. M. Smith, John W. Nicholson, PIvIjSTGI 1878. ON'tin vhibit tl J^PIITJNTG 1878. 1 alter April 1st, our SPUING OPEN! N11 w ill take place, vi lien »e will he prepared to hr tinr-t and most extensive Stock of MEN’S, YOUTH’S BOY’S uml ClII 1.1 »PEN*S CLOTHING, • i ver he tor.- evl.il.ited in this city. Ottr stoeUt;lias been purchased under the present decline of Goods and the n.uielU thereof is tendered tflftnr numerous patrons. We enumerate prices of a few lines of Goods. TOO GOOD Ot^l.NftKE RUSINESS SPITS AT fO. liOO GENUINE CHEVIOT Si ll'S at Slu, $12 50 aud # 15.jj SOO BLUE FLANNEL (Genuine Middlesex) from $ 10, i5", if 11 and *L>._ 1ft eW Dress Mint Department, we are prepared to show genuine English and French DIAGONAL tjUJJL'S, ranging from $12 50 up. Worsted 4iits in endless variety. In addition to the above, wv^iatc a iirst-ela-s Stool; of Q-ents F ^nislii ng Q-oocSds, which for prices and qnalitv cannot boexeelKl ia tlie State. We «tftl ?onflnii". to offer miKsTtei daltj, VNI.ANDUIED SHIRTS, a' Art grade 75c.,x,\tni4imj>l. Hu's and caps in ull the lutest styles. THUNKS, CUBKEliIjA®p« , etc. Extenflliftt ottr thanks to -'.ur patrons fur their pencrntis patronage ju the pus*, and "•'itini; H coiitinnanoe of the same, when we shall endeavor to r tier them inducement* which Ail surpass all cur former ctlbm. Verv Respcetfullv, CEC^H.2*PS STERXT, Til© Clotliior. N*. H In addition to our regular Clothing Department, nrn hpve made arrangements with our few York Custom Tailors to make suits to order upon short notice. Guaranteeing a saving of NeW £5 [>er cent, from the reg nptl-Siu xlar prices eliargud 1 YuvVtflk by tailors, road street, opj osite College larantfceing a saving c « . STERN, is, Athens, Ga. As a Stodkboldcr of the Georgia Railroad & Ranking Company I beg to call your attention to its present condition and probable future—un less a change can he effected in its management. The earnings of the road arc all being absorbed by the payment of interest on bonds of other 'HqpfMt&fricl My tipiira as the silver dhjyflgPitpfli they-.carried- in their § u ■ i i i': says the defenders of the paa*ppt’^ltnini8tration, tltat was he. never receive any compensating ben efits. We received no dividends in January, and if railroad experts arc to be believed, our property is not makesj/iio odds; it was a part of Judge persistent policy to hold on ip the carnipgs of the road just like. they were his individual properthe old gentleman real ly disliked to see the needy stock- holders,Miany of them women and children,, get a poor dividend of 3i raiTroaits,lniTOl^girTiyn1ltf^rgsem' , | |»ov cciiL semi-annually—like a mi administration, and for which tj|gf Georsia railroad has not and can scriy old woman dealing out scanty rations t<> her hungry children grudg ingly. And at every Convention he reminded dhem that their road—their propertyJtpd not made it, hut that he, Jud^„ King, had borrowed the being kept in good order, and the j money iij Wall street, N. Y., on his earnings all go to pay the debts of | oten, nottUe railroads credit, to pay other roads. that, dividend. And he usu- What has brought about lids state «Uy infold tliem that their proper- of affairs? Maladministration of the ty was glowing less and less valua- road, and the squandering of iis hie ev.ery^ year. And if any stiiin- earpmg»Ti>ir«oth«j. enterprises^.,-. <yer had, by chance, heard one o* the present, and two of the five, himself Railroad," and I contend, that t(iei and Mr. Peters, being lessees, 4ndhe personal interest in that road is in only condescended to getbheir ratift- L antagonism to the Georgia Railroad, cation afterwards. ’ That bond ypas and that no such important officers of and still is $8,(100^0,06~more than the ^company should be largt?!y* !< ih- tercste7ni anyothtn* iml-br colnptir-*° - ing road. The Sultan cf Turkey'’ might, with as much propriety’, iiisist on Osmaii Pasha commanding both the Turkish and Russian armie^. Now you will enquire what remedy is proposed to redress these evils. My reply is that Judge King is an old man, feeble, and worn out, and not capable physically, if mentally, of at tending to the duties of the office.' If lie tells the truth, and we have no right to doubt it—he docs not want the office, and has not desired it for the past five years. If he is kept in for the purpose of subserving the selfish ends of others, then he ought - il* **2r-r- # double the value of the Georgia rail road. Yet this administration done it. Who.is wise enough to tell what will be the result of that act ? But after all this had been piled on the poor old road, one would have supposed that the administration would have had some compassion and would stay their hand of waste and destruction. But not so. The Port Royal Railroad Co. applied to the administration to endorse its bonds to the amount of one million of dollars. It was defeated when presented to the Convention of Stock holders. Tii 3 next year it was pre>8ed again and was referred to the jj < fcftr Establishment. In the first place, before the war large sums of money was spent to aid in building and establishing other railroads and steamship companies, to-wit: The Nashville & Chattanoo ga, 8250.000; Rome, 8148 937 ; At* lurta & West Point, 8400.000 ; East Tennessee & Georgia Railroad,' 810,- G00 ; Macon & Augusta, $200 000; 'His M. E. Young, / <.frT r [Late with 1.UC.IS A Ware,) IS now opening an elegant stock of Imported Cloths, Cassimeres and Suitings, which he will make up to order as low as can lie bought in any market, lie will also keep Gentlemen’s Furnishing Goods, Shirts, Collars, Drawers, Gloves, Handkerchiefs, Hosiery, Sus penders, and all such articles as are wanted. Special attention paid to cutting, and work guaranteed. Call and examine my slock on Broad street, next door to Dr. C. W. Long’s drug store. TO THeTpUBLIC. Wc take pleasure in recommending Mr. Young as a reliable man and fust-class Tailor and Cutter, ip every respect. Judge's solemn wails at any time within the" last twenty years he would have concluded that the stock of the company would not sell for ten cents in the dollar iu less time than one year.. v Tliat is one of the reasons why should be displaced. Board of Directors. They endors d I to be turnol<" f S. K. Johnson, from fEtUGA© & WARE. Tax ITotice- T 11E HOOKS ARE NOW OPEN FOR THE purpose of receiving lux Hem ills for tlit year 1S7S. Tux-Payers will p.ease c. me ior- w-arJ and make their rlftitns promptly ami save me the trouble ol returning tnem as defaulters. 1 will attend at the lullowing places, on the «iavs mcDtione i, viz: Salem Di triet at Hester’s Store, April 15th, ICth and May Util. tie a H Shoals District, at Cochran's Store, April ISth, ihtli a d May lli'.h. Wildcat District, at W. T. Elder’s, April •jSd, 24th and May 20th. Farmington District, ut Anderson's Store, April 251 h, 25th und May 22d. High Shoals District, Juues’ Store, April 29th and May 24ih. High Shoals District, at Thornton’s Shop, J April 80lh. J Dark Corner District, ut Jackson's, May 1st« and 2d and 27th. 3 Buncombe District, at Wall’s Store, May Sd, I 6th and 2'Jlh. . .. 1 Barber’s Creek District, at Davenjiort s, May Sth, 9th and Slat. 1 will b; tound at V\ atkinavdle on every j Saturday during the timeofRcoeiving Returns, and from the 1st until the 29lh of June, ut which time I will close the^booKs^r^mptiy ■ «p9-3m Receiver Tax Returns. $50 Reward. lirlLLBEPAlD FOR THE APPREHEN- U sion and delivery of Luther Thomas, col ored. Said frecdmati is about 18 years old, five feet, eight or ten inches high, weigns 155 or 175 pounds, is heavv act, blaek, rather pleasant spoken, and professes to be a great wrestler, ifo is guilty of a felon^amUled to^esca^e ar- ^apH tf Wintcrville, dgietnorpe do. G. C. Thomas, ATTORNEY AT LAW, WATKINSVIL1.E, GA. O ffice in court-house, opposite (jrdiuarv’s Office. Personal attention t(< an business entrusted to hi* care. ap9- ti BURKE’S BOOK STORE Has beeu removed across the street', •Nearly Opposite the old Stand, In the Newton House Blovlt, Three Doors from the Corner Whe.e he will be glad to. see tdl ot his old friends and as many new ones as will call on tdm. Low prices und lair treatu out will be his rule, aud he only asks a trial to convince all that lie means what lie says. April 2, ’’77-lf. DENISTRY. TO MV P.tTIM.Xj* IX A i no A* AMI VKTMTV. 1 W1LL BE IN YOUR C1TV ON A PKO- lessional visit Monday’, April l»t, to remaiu until Wcdnesdsy, May 1st, aud continue to spend every third month with you. Will also state that 1 huvu a new plate of my own make, for artiflei.d tteth, tliut is far superior in every respect to Rubber or Celluloid, und iu some re spects preteruhlc to gold, that I can make at a epst very little above that of the cheapest mate rial, and 1 warrant *vety , plate to be represented. ■ apS-tf 11; (ASH ; t/,as «p9 -tf r-, r.. i just as ispeetfully, G. HOLLAND, Dentist, Atlanta, Ga. Cow Wanted. C ASH WILL BE PAID rOR A FIRST- v„ass A ow, by W. 11. GRIGSBY, Athens, Ga. House and Lot for Sale- T WO acre lot—one ot the most ccairahle in tl..' c ;ty__oecupicd at present by the -ubseribci situate on Hancock street. The house has six good rooms, pauty and all necessary out-build mi-s Awe.llofverv superior walsr on s.ii p, fes-5’i prt ~ aw X>iss ^I \tioa. T he Finn "f Hwd A' Stephens 1ms this day 1 dissolved by .i.utna. conseut. The b isiness j will be eonli tied by ti e sei.'u.r parti.er, \\ . K. 1 Hood, who will sbitieall tit" bu.-iue**of t,.e o.d ■ Firm. Amen-, G •„ apt 16'h, 1S7S. LINfit.x t*. STEPHEN;?. TO -rFIGKNi*-. Owing to in t > attend In mi -. iy sol-1 m Stephen - ’ friends tha>.k- (>r in MacSn" & Brunswick, $20,000) Mo bile Jb Montgomery, $7.000; Mont gomery tfc West l’oint, $117.314; Western Alabama, 837.500; Balti more Jb Ohio Railroad and Steam ship $10.000; Steamship Companies, $4,399; New York and S C Steam ship Company, $40,000, Which foots up the grand total of $1245.150, nearly all of which, except in one or two instances, have been almost a to tal les< to the Georgia railroad. The Atlanta & West Pi lint tail road is a paying stock, but the balance of that large sum is neatly worthless. Who is to blame for all that loss? Why the President and his administration. Before the war the Georgia railroad Co. was exercising Banking powers, and under the pretense of banking always had on band a large reserve fund. The profits of the bank paid very little, for tlie qsc of the large sum held for that pnrpose. It was really for the benefit of the favored few who could command favors at headquarters. And if any one will take the trouble to look up the old repoits of the company, lie will find a large sum of several hundred thou sa>.d dollars put down ns bonus or reserved fund. That bonus was carefully kept and pelted by our ven* erahle President, and many a hard struggle has he had with the stock holder to keep the Rame under his control, and to prevent it from being distributed amongst the stockholders. The writer of this remembers on one occasion, about the year 1858, that Mr. Alexander of WasliingUnv, Ga. made a noble effort on the part of tli** stockholders to have that favored bonus divided out amongst the HDick'.older* where it should have liven. But the President and bis ad minifiru ion threw all of their power and uifitieiice in the scale against Mr. A - x.uider’s proposition and he failed i i-is effort Well, that bonus was k vt—that bonus was petted by the . iiinn.'.tratioii, and its favored few, mil He war came and then what? A iiy i u ns nil lest iu Confederate 1 ii ! our venerable President v bonus and the stoukhol- i their money, for it was as wortblessnessvcf the road and its stock—bis ceaseless effort to cry it down and depreciate it is one good reason 'why a new man, one younger, one who lias more hopeful views and aspirations for the success and future of the road should succeed him in its management. Why don’t he and his administration go to work, bravely, and build up the road, its business and its credit. In addition to the large sums of money which lias been squandered by the administration, the company endorsed the bonds of the Macon & Augusta Railroad to the amount ot nearly three quarters of a million of dollars and has since bten compelled to take charge of and pun the worthless road to save as much out of the wreck as possible. The income of the road above ex penses, is about $13,000. There was never any great neces>iiy for the oud. Judge King admitted in a speech in the Convention last May that the road was built mainly to en able ceitain rich cotton planters in and about Augusta to get their crops from their plantations iu South-west Georgia. That was a pretty state of affairs and was an honest confeseion of its folly. After the war the administration endorsed the bonds of the Western Railroad of Alabama, with the Cen tral railroad to tlm amount of about $1,200,000, and at a later period, to try to save the two companies, the Georgia and Central railroads had to purchase the road at a cost of about $1,200,000. As 1 understand it they had to pay off the creditors of the railroad and buy the road to save themselves. That was an exceeding ly bad job for the Georgia railroad But who did it ? It was the same ad' ministration. There was no necessi ty for the indorsement.* Then came the securityship of the Georgia railroad on the bond of the lesses of the Western & Atlantic railroad. Oar worthy President did not ask the Stockholders to author* ize him to sign the bonds. He done it himself after having been author ized by a vote of five Directors out of nine, himself included, who were the bonds to-the amount of $500,000. After the bonds bad been endorsed the Port Royal Co. failed to pay the interest as it fell due and the Georgia railroad had to pay it to’the amount * . T. X * O j ? of* $35,000 per annum. There was a condition in -the bonds tliajt if the coupons were not paid when due that the principal of the bonds became due at once^ These bonds were pur chased, to a con'sitlerabVe amount by ceitain parlies interested in theGeor gia railroad, and rumor lias it by Ttirifrto the Port Royal maJeTleanii in ja mont of the coupons the bonds sold in market for about 70c. mid the ad ministration could have bought up the bonds, through its agents, at that iiure. But Judge King refused to pay the coupons and thereby the en tire amount of $500,000 became due and the holders ot the bonds began to sue in the Justice' and County Courts ot Richmond. The Courts held that the principal became due on the failure to pay the coupons, and the price of the bonds soon after went up to 90 and 95e. and now stands at $1.03. All of this has been pro duced by the administration. In the first place the bonds should never ave been endorsed, ahd after they had been endorsed the interest should have been paid until the company could have purchased the bonds at as low a figure as possible. About this time the administration refused to pay the semi-annual divi dends—for what reason iu one knows—as the road had made the money to pay one. The pendency of the suits on the bonds and the refu sal of the Directors to declare a div idend alarmed the country stockhol der, and the stock ran down to 60c. It has been suspected by some per sons that that was very well for the manipulators of the officers of the road—that was, perhaps, just wliat they wanted—it would give certain parties an opportunity to load up with Georgia railroad stock. But now the stock is up to 76 again. What has produced this won derful cliauge from 60c. to 76c ? Two reasons have been suggested : One is that from certain mutterings from the stockholders a change of administra tion is feared ; and the other is, that the ring has been gorged with stock, and now wish to realize and have his interest in tite State Road lease, and bis past management of the Georgia Road, is r.ot the proper man for Superintendent, and'we should^ have a new man or men in the offices of President and Superintendent* We can’t be damaged. We want some new lite, new energy, new econo my and a closer inspection of the working of the road, a supervision of its purchasing of supplies, an over hauling of the pay rolls, a looking alier; agents nud employees of the; ■“|>ad, sis as to make them £3$ 1 ( heir eraries and dead heads. To accom plish all of these reforms it will take a young men, a railroad man, a man of pluck and nerve to do his duty, let it hurt, who it may; one with in* dustry, energy, vim and honesty, and one that can and will fill both offices of President and Superintendent. Why can’t one man do all the duties of both offices V the office of President, without the bank, which does a light business, is almost a sine* cute, and hence one man holding both offices, could easily discharge the duties. Such a man, I have heard, can be found in the person of Gen. E*. P. Alexander, now on the Western Alabama Railroad. Gcii. Alex nder is an educated and skil.tul engineer, ami railroad mau. lie is youn fo , active, industrious and energetic, and above all he is a man of undoubted honesty and integrity, having descended Irom that ste ling old stuek’ot Alexanders of Wiikes, county, Ga. In conclusion let me say to you, that if you can’t go to the next con vention iu May, give vour proxies to sonic ol your neighbors who enter tain the same views which you do, and don’t iurnish them to the officers or directors of the road, anti thereby enable them to perpetuate the present statu 07 affairs. Stockholder. Yi-s, we can change a fifty dollar bill if you want a bottle of Glouk Flower Cough Syrup, the greatest Cough and lung remedy in the word; or if you waul to try it first and oee if what the Hon. A ex H. btepens, Ex- Gov Smith, Ex Gov. Brown and Hon. Bol en 'im n o.- id Georgia, says about ii is nut, yon can get a Sample Bottle lor ten cents at Dr. O. W. taken off the pressure and allowed ' Long, & Co, Drug biore, Athens Ga, the stock to assume something like its true market value. It is well known to all of the stock holders that Judge King, the Presi-' Lung Afiu uoi. dent, aud S. Iv. Johnson, the Super-1 cure- Co . u ■ intendent, and E. W. Cole, one of | boasted : the directors, lately elected to fill a D*» tens. . c.o. vacaucy, ar‘‘ i..tees of the State $1." . that relieves an ordinary cold. The Glore Fli-wj k i gL’gii . viiuP; never brill an iquai art ngos, - Colds and pti.- al! pic . (if tv* uiy ■er