Newspaper Page Text
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ATLANTA
, i ( 'n ••••••mm 130,000
POP 0 !?" ° 26.000
IffjUMfl 16.000
MfJ Ifoel Of railroads.; Sevon
Hfil nf’street railways 150
ffial Wlt»l >«.<M<I.OOO
The Atlanta Georgian.
GEORGIA
Pnpnlntlon 2,600,000
Mil*** of atpnrn rnllrnnds 6.600
Milos of plootrlc rntlwnys 400
f'otton factories 130, spindles.. 1,600.000
Rales cotton consumed III 1905. 600,000
Vnlno of 1905 cotton crop 1100.000,000
VOL. 1. NO. 115.
ATLANTA, GA., FRIDAY, SEPTEMBER 7, 1906. x
PRICE: ggSTt
HIPPLE PLANNED TO KILL SEGAL
AND SELF SO THAT DEPOSITORS
WOULD GET INSURANCE MONEY
Wrecked Bank May
Open for Business
Saturday.
sugar trust now
likely to be sued
Segal, Arch Promoter, Knew
Nothing of Hippie’s
Plan to Insure
Him.
WANTED TO FLOG
BANKER STENSLAND
$
fKKJ <K>0<>00000000000000O0000
o bank clerks decide
o TO TELL ON EMPLOYERS. O
0 — 1 0
o Atlantic City, N. J., Sept. 7.— 0
0 It has been decided by the Amer- 0
0 lean Institute of Bank Clerks, 0
0 In session here, that It Is the duty 0
0 of all clerks In financial Instltu- 0
0 lions to expose irregularities on 0
a the part of their superiors. The 0
0 organization of bank clerks has a 0
0 membership of nearly 7,000. 0
CCK»OO00000000000000000000
By Private Leased Wire.
Philadelphia, Sept. 7.—Amazing de
velopments today In connection with
the deliberate looting of the Real Es
tate Trust Company, led the authorities
to believe that President Frank K.
Hippie, In his last desperate struggle,
conceived the Idea of Insuring Adolph
Segal's life and then killing both Segal
am! himself, after arranging for the
insurance to go to the depositors, who
had been robbed of 15,000,000.
It was learned today that three
months ago Hippie tried secretly to
have placed on Promoter Segal’s llfo
an Insurance policy for 1100,000. Had
he been successful, It Is believed, he
vould have taken out other policies In
ether companies.
May 8ue Sugar Truth
The scheme failed, however, because
of Hippie’s manifest agitation and un
certainty as to details. It Is shown
upon Investigation that Segal know
nothing of Hippie’s efforts.
District-Attorney Bell today was ye-’
riously considering bringing criminal
prosecutions against the sugar trust
in connection with the looting of tho
trust company. An effort also is to be
made to have the Federal authorities
prosecute under the Sherman anti
trust law.
It Is alleged that the sugar trust,
by conspiracy, juggled 61 per cent of
the Shackamaxon Sugar Refining Com
pany out of Segal's hands. Segal, It
l« said, discovered that the capitalist
to a from he had assigned the atock was
an agent of the Havemeyers, who fur
nished the money. The sugar trust by
this loan obtained control of the Shack
amaxon Sugar Refining Company
without the necessity of buying It,
Directors Face Arrsst,
Keg.il at ones retained counsel to
devise and carryout a plan to recover
the 51 per cent of stock, or falling In
that, tri force the sale of the other
Is per cent. Matters were at this stage
•hen Hippie killed himself.
Hhln three days' five directors of
the trust company are to be arrested,
“as the declaration made today by
Banking Commissioner Backcy. They
are accused of having attested the
false statements of the bank's condi
tlon.
There Is a report that two of the
directors, who are high In their pro
fessions as lawyers, have received In
“ e Past year 1750,000 from Segal as
payment for passing favorably upon
the securities he offered tor big loans.
Bank May Resume.
The Heal jdstate Trust Company will
resume business probably tomorrow or
-Monday. Several meetings have been
held between the directors and Receiver
USEUACASH
Says Money in De
positories Is Not for
Speculation.
Moorish, Officer Is
Anxious to Punish
Prisoner.
WRECKER GETS CELL
OF THOMAS HUNTER
Chicago Man’s Friend in
States Advises Tim to
Fight Extradi
tion.
By Privnte Leased Wire.
Tangier, Morocco, Sept 7.—Paul O.
Stensland, tho Chicago bank wrecker,
today was transferred from the cus
tody of United States Minister Gum-
mere to that of Consul General Hoff
man Philip, who will be the arrested
banker's official custodian from now
on till he Is placed aboard ship to be
taken to America.
Instructions were issued officially
placing Stensland In the hands of the
United States. As Minister Gummere
Is going on an Important mission to
the Sultan at Fez, he transferred the
banker to the consul general.
Friend Cables Banker.
A friend of the prisoner, from £au
Claire, Wis., who is waiting at the
Auditorium Hotel in Chicago for a re
ply to his message, tried to complicate
matters by sending a cable message
W’hlch may bring him In contact with
the law. This friend signs the name of
Knutson. The message told Stensland
to appeal to the Sultan ot Morocco
against returning to New York, and an
nounced the employment of Maitre La
bor!, the celebrated French advocate
Who defended Dreyfus.
Both schemes nro utterly' absurd. As
Continued on Page Three.
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0 ,„,., an ' 1 bight concerts at Grant 0
Park are no more this year. So O
0 l "'““th the harbinger of fall. O
0 ha " * one > *«y* the city 0
0 m. k . hoard ordering Wede- O
o !h ! r " r * ba nd to knock off for 0
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0 a*. , lhe temperatures ot these O
0 * ,lon 't wholly confirm the 0
a I, * me “t of the honorable board 0
0 V. Hm . m, ** ,on *r«. 0
o I h " forecast: 0
0 s ,. rt / i ” c,ou <fy Friday night tnd O
0 8a '“ r ?oy- o
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. .75 degrees O
C,''™ degrees O
0 j rw »> degrees O
O , m 84 degrees O
0 ' I* m degrees 0
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By Private Leased Wire.
Washington, Sept, 7, — Secretary
Shaw today issued the following Im
portant notice to all depository banka:
’’I am advised that many banks scat
tered throughout the country are loan
ing their surplus funds through brokers
and others. In New York, on call, at
high rates of Interest.
’’Money loaned on call Is well nigh
universally for speculative purposes.
"I recognize the right of any Indi
vidual to speculate In stocks or In
lands, and the legal right of any bank
to loan money at appropriate rates of
Interest, at home or abroad, on ample
security, even with knowledge that It
ts being used for speculative purposes.
’’I am not willing, however, that gov
ernment money shall be enticed away
from the locality where It has been de
posited for the purpose of being used
in this way.
’’Public deposits are made In aid of,
legitimate business as distinguished
from speculation, whatever Its nature.
“Depository city hunks are expected
to loan at regular rates or not at all.
and they must not he tempted to act
as agents Instead of correspondents for I _,
other depository bn'hks In making' call I a matter of facep-etertslwnd woohl him
lonns at high rates. | Ills back on the best lawyer on earth
1 if you have more money than your*If looking him In the face meant a re-
■ - ’ ■ lease from Ills present captivity and
again made him a fugitive. Anyhow,
there Is no habeas corpus law here. Tho
law of the Jungle rules In the main.
Wants 8ten.land Flogged.
One Moorish official was greatly as
tonished when told that under no cir-
cumstances would he be flogged. The
Moor wished to have Stensland flogged
to force him to tell what he had done
with the money stolen from his bank.
He said he did not see how on earth
the ends of Justice were to be attain
ed without a morning and evening flog-
glng. It was Impressed on him that
in the United States a prisoner must
be well cared for. His oriental mind
failed to grasp American methods of
treating a criminal but he acquiesced
with deference and ordered that should
the American minister honor him by
Intrusting Stensland to his care, the
banker would be treated os an honor
ed guest.
Gets Hunter’s Room.
This means that Stensland will oc
cupy a small room that opens on a
tiny garden, Inclosed with a high
spiked Iron fence with soldiers to the
right and left. The same place was
occupied by Thomas Hunter, the At
lanta, Ga„ embezzler.
No light can be thrown on the ar
rangements for Stensland's return. The
whole matter Is In the hands of the
state department at Washington. Un
less speedy action Is taken there inny
be an annoying delay of a month.
Stensland Is anxious and willing to
come with ua. but a certain official
routine complicates the situation, es
pecially ns steamer accommodations at
the present time are scarce,
410 BALLOTS
STILL NO CHOICE
FOR CONGRESS
community can appropriately absorb,
please return It to the treasury for It
can be promptly placed where It will do
much good. This does not nppty to
banks with large reserves regularly on
deposit with city correspondents."
FEDERAL EXPERT
LAUDS ATLANTA'S
CITY GOVERNMENT
Statistician Praises Munici
pal Improvements and
Bookkeeping.
Starke M. Grogan, statistician for the
United States department of commerce
and labor. Is In the city, and Friday
morning had many things of excep
tionally complimentary nature to say
about the government of the Gate City.
“In going through the books In the
comptroller’s office there were two
things which especially caught my at
tention," said Mr. Grogan. "The first
Is the enormous per cent of money ex
pended by the city which Is placed In
permanent Improvement. For Instance,
last year (1,879,138.39 was spent by the
city, out of which (882,629.03 was put
in permanent Improvement. This la
about 20 per cent. The average la
about 8 or 10 per cent, and some cltlea
go for years without making any per
manent Improvements at all.
"The other feature is the debt. There
are only a few cities In the United
States which have so small a debt com
pared to the population as Atlanta.
Many of the cities have from three to
four times as large a debt per capita.”
As to the manner of keeping the
books, Mr. Grogan said Atlanta had
the finest system-in the United States,
and that It was the hop# of the depart
ment of commerce and labor that It
would be installed throughout the
states. Mr. Grogan said further that
the system put In by J. H. Goldsmith,
city comptroller, had been adopted by
Chicago. , _
■■You can not say anything too good
about the way Atlanta’s government Is
run,” snld Mr. Grogan, In conclusion.
Mr. Grogan Is a Georgian by birth
and claims Atlanta ns his home. Ho
Is a young man, not yet 30. and has
been exceptionally successful In his
government work.
MEANING THIS ?
Waiting For the Patrol
Wagon White Man
Stabs Self.
IS HELD ON CHARGE
OF HORSE STEALING
<2
© ©
President Roosevelt says there will be no tariff revision so long as prosperity prevails-
NEWS ITEM.
L
Special to The Georgian.
Statezboro, Ga., 8ept. 7.—After 410
batlota the eongresalonal convention
adjourned at noon to moot again thla
afternoon. There itemi to be no poa
aibility of an agreement.
Brannon’s men will not agree t<
calling of another primary. They de
clare the nomination ahould go tc
Brennan on the batii of a popular ma
jority.
Haym Elected Clark.
K pedal -to Tb* Oeorglan
Savannah, Ga., Sept. 7.—J. R. Haym
was elected by the - council clerk ot
police court to succeed himself, without
opposition. Three ballots were blank.
Want 50 Men to Inspect Oil
But For the Jobs 2,000 Toil
There la a horde ot hungry office
seekers In Georgia.
Commissioner of Agriculture T. G.
Hudson will have a Job on hla hands
appealing the disappointed.
There are 2,000 applicants for the
seventy oil Inspectors’ places to be
filled by Commissioner of Agriculture
T. G. Hudson. . ,
Of this number the commissioner has
already appointed twenty, and, there
fore, for the other fifty places, he has
an average of forty for each place, and
the returns are not alt in yeL
Hardly a day .passes but the com
missioner la besieged either by letter
or tit penon.
As aoon as these oil Inspectors are
named, the commissioner will turn hla
attention to the guano Inspectors.
The oil Inspectors are paid by the
fee system, the guano Inspectors re
ceiving a yearly salary of (1,000.
The best oil Inspectors' jobs are lo
cated In the larger cities, the Atlanta
Job being the fattest one In the gift
of the commissioner.
Those. of Macon, Augusta and Sa
vannah coma next In line.
Roads Say 30 Days’
Notice Is Im
possible.
U
DROUTHS
ft
Washington, Sept. 7—By far the
moat Important matter that has come
before the Inter-state commerce com
missioners under the new rate law will
be the problem of export cotton rates,
to be considered next Thursday.
It Is not too much to say that the
commission's 'decision In this matter
will set a precedent whose results may
very largely decide whether the ne
law shall be a success or a failure.
That the great Importance of the
hearing Is recognized by railroad men
and shippers Is evident .from the fact
that so many ot them have Indicated
their Intention of being present, and
have asked opportunity to be heard.
The commission has been flooded with
letters and tong telegrams on the sub
Ject.
The new law requires that thirty
days' notice shall be given of changes
In rates. The railroad companies say
It Is Impossible to comply with this
because of the uncertainty about the
supply of shipping bottoms. If there Is
plenty of botom capacity at the cot
ton ports, the ships bid for the busi
ness and ocean rates go down, which,
of course, correspondingly reduces the
joint rate made by the railroads. But
If there are few ships In port In pro
portion to the amount of cotton await-
ng shipment, ocean raten are likely
to soar, and with them the Joint rates
must likewise go up.
To give thirty days’ notice when
such fast fluctuating conditions gov
ern Is declared by the railroads to be
utterly Impossible. Therefore, they ask
the commission to exercise the discre
tion given It by the new law, and grant
an exception to this rule of (0 days’
notice In the case of cotton rates.
Shippers of cotton are almost unani
mously on the side of the roads In the
request.
But there are some phases which
make the commission's action doubt
ful. It Is known for Instance, that If
the Southern roads are permitted to
make export cotton rates on five days'
notice, the Northern lines will soon be
asking the same privilege as to grain
rates. In some ways there Is even
more element of uncertainty Bbout
grain shipping than about cotton,
And If the cotton roads and the
grain roads- get It, there will be de
mands from all kinds of exporters for
like consideration, with the present re
sult that benefits of the thirty days'
notice feature will be minimised or
confined to some classes of business
and thus constitute In a fashion a
discrimination.
In the matter ot cotton rates; the In
fluence of Wall street speculation on
ocean rates la Just now receiving soma
attention. It has been broadly Intimat
ed that speculators are able at times
to manipulate ocean rates to the ad-
ket and that In fact the privilege of
making changes without notice would
at times be a most powerful one In
Proprietor of Atlanta
Hotel Had To
Cough Up.
D. N. Baldwin, proprietor of the New
Atlanta -.otel at (2-(4 Houston street,
had some trouble with the Atlanta Gas
Light Company lost week because of
the robbery of one of the slot meters In
his building. This was on Monday.
Friday an employee of the company
came with' a bill for the amount sto
len from the meter. Mr. Baldwin want
ed to argue as to the payment of this
bill.
. The amount was (3.90.
It had been four days since the
money wee stolen.
Mr. Baldwin had hla suspicions as to
who had got the money and wanted to
wait a while before paying the amount.
But—
"If you don’t pay this Immediately
will shut off your gas right now,"
said the employee as he started for the
meter.
It was after 5 o’clock. There were a
hundred gueala. In the house. Many
of them were stage folks and were get
ting ready for their early perform
ances. There- were n<> lawyers In the
house, so Mr. Baldwin' paid the bill.
He thinks the treatment by the gas
company was rather arbitrary.
But It Is the same sort of treatment—
only not quite a* bad—aa that accorded
Mnnager Van Landlngham,. of the Ma
jestic-, by the Georgia Railway and
Electric Company.'
Of course the two companies are the
same.
Mr. Baldwin thinks the corporation
sand-bagged him. He thinks It Is
strange that the corporation trailed till
nearly nightfall to present Its peremp
tory demand coupled with a threat. Ha
thinks the fart that he was running
a hotel and had guests to furnish light
to caused the corporation to wag (111
after 6 o’clock.
He could have got a mandamus or an
Injunction, maybe. If the bill had been
presented earlier In the day.
Similar cases have been carried to
court In New York city and the gas
trust there has a number of Injunctions
against It.
Mr. Baldwin Is a convert to the Idea
RILL OFFICER
OPERJRIl
Soldiers at Warsaw
Mutiny and Over
power Guard.
Special Cable—Copyright.
St. Petersburg, Sept. 7.—The director
of the Rrison at Warsaw has been shot
by mutinous soldiers of the garrison,
who then overpowered the guard and
set free all the revolutionists, 56 In
number, who ware confined In that sec
tion of- the prison. The mutineers left
the prison with the men they had re
leased.
The jail at Pensa wae fired by the
irlsoners who attempted to eecape,
'he flames were extinguished, how
ever, and the prisoners were held.
The famine situation Is giving the
government great concern, and It Is
feared the lack of food will cause the
peasants generally to Join the disor
derly elements. M. Stolypln Is be
nldlng every effort to meet tl«. situa
tion and relieve tho most pressing dis
tress.
It la not Improbable that a heavy
port duty will be Imposed on grain In
order to keep It In the country avail
able for the relief for the famine
stricken districts.
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O TAR TO BRING 8UIT
Newport,-R. I., flept. 7.—A suit 0
0 Is to be entered In the superior 0
0 courts of Rhode Island, In the O
0 name of Fred Buenxle, chief yao- 0
O man In the United States navy, O
0 against the Newport Amusement 0
0 Association, claiming damages for O
0 discrimination against the uniform O
O of a United Staten sailor, because 0
0 he wee put out of a dance hall. 0
0 The suit has the Indorsement of 0
0 Rear Admiral Klnchar, of the 0
0 Narragnnsett district. 0
O 0
00000000000000000000000000
of municipal ownership of a lighting
plant.
"The city won’t be eo likely to sand
bag a patron," he says.
The Idea seems to be growing.
Goodhy to Summer—Fall We Hail!
We've Just Received First Cotton Bale
Skldoo to summer!
Fall It here officially and any spas
modic attempt on the part ot the
weather sharp to discredit that fact
won’t avail.
For why?
Easy, easy thing. Atlanta received
— - , . her. first bale of 1906 cotton Friday
market manipulation. All these phases . .. .... '
are likely to be Investigated before the) morning. Now, summer, take the
commission acta. countl
It the first bale of the fleecy Isn't
Fell's official harbinger, pray what la?
W. F. Reeves, a farmer living near
College Park, raised It, and Smith 4k
Higgins bought It Friday morning.
Price wean't top-notch, because the
staple was a bit "off color,” but Mr.
Reeves got a pretty nice figure for It—
and the glory.
Smith A Higgins bought the tint
bale of new cotton last year.
When Arrested He Tried to
Stab Patrolman
Mashburn.
Angry because he had been arrested
for nteallng a horse and thwarted in an
attempt to stab the officer who had ar
rested him, Eber Echols, 45 years old,
cut his throat Friday morning and is
In a precarious condition at the Grady
Hospital. Only the prompt interfer
ence of Officer .Mashburn prevented
Echols from killing himself at once.
Echols’ attempt on his life took place
in the store of Nathan Teitlebaum, 290
Butler street, near Harris street, at
8:45 o'clock. Officer Mashburn had ar
rested Echols at Harris and Piedmont
streets and went tu the grocery to tele
phone for the patrol wagon.
While the officer was’using the tele
phone he kept but a light hold on his
prisoner. A sudden movement caused
him to turn and he found Echols with
an open Barlow knife raised in the air
nnd evidently in an attempt to stab his
captor. Mashburn grasped his prisoner
by the arm, but could not prevent his
bringing down the knife and slushing
his own throat. After a moments
struggle the officer succeeded In plac
ing handcuffs on the wrists of the pris
oner, who fought until half unconscious
loss of blood. Echols was rushed
to th» Grady Hospital. where it was
stated later in the day that he might
recover. A wound three Inches long
anil very deep was made by the knife,
which was sharpened to a razorllko
keenness.
Echols Is accused of stealing a horse
from a negro named Henry Watts, who
lives at Tenth nnd Jackson streets.
The officers state that Echols stole the
horse and sold it to a man nt East
Po4nt, Go. This took place about three
weeks ago and though the police de
partment hns been watching for Echols
he was not seen until today, when Of
ficer Mnshburn found him with two
sets of harness In IiIh possession.
According to one witness of the at
tempt at suicide, Echols stated that he
had money to pay for the horse.
“That’s nil right,” snld the officer,
"you can settle that at the police sta
tion nfter you nrc locked up.”
"I don’t see how I’m going to get my
money if I’m locked up," said Echols.
Then he drew tho knife nnd slashed
at his throat. .
On tho police department records
Echols Is registered ns J. B. Echols*
though a cousin who keeps a livery sta
ble near Decatur street says tin* right
name is Eber. He hns been living at
10 Corley street, but his home is in tho
country near Chastain Town. If Echols
recovered from his attempt at suicide
he will be transferred from the hos
pital to the police station and tried on
he charge of horse stealing.
CABANISS SLATED ;
AS SUCCESSOR OF
Ti
Former Business Manager
of Journal for Senate
Secretaryship.
Is H. H. Cabanlss slated to succeed
Charles S. Northen as secretary of the
senate of 1907-8?
If persistent rumor Is to be credited
Mr. Cabanlss’ friends are hard at work
with that end in view, and claim that
they will undoubtedly succeed In land
ing the Atlantan In the position.
It Is understood that Mr. Cabanlsa
has said that he Is not a candidate for
the place, but In spite of that avowal
his friends have gone quietly to work
with the expressed view of landing the
job for him.
Precedent was smashed In the Ma
con convention by naming others than
the secretary of the senate ami the
clerk of the house ns secretaries of
that body. H. H. Cabanlss and Pro
fessor E. L. Martin, of Macon, were
the convention secretaries. That fact
started the rumor that both Mr.
Northen and Mr. Bolfeulllet would
have opposition.
It Is said that Governor-elect Hoke
Smith favors Mr. Cabanlss for the sec
retaryship, nnd that will. If a fact,
carry powerful weight.
Secretary Northern In the meanwhile
not worrying particularly. He as
serts that he has now sufficient
pledges from the senate-elect to Insure
■i- r> i- sure that It would
nd powerful Influ-
lie retentl
take a strong man
ences to defeat hi
the most popular n
deemed a mo:
he is one of
t In the state and
capable official.
