Southern banner. (Athens, Ga.) 1878-1879, April 09, 1878, Image 1

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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