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Atlanta Constitution in Atlanta, Georgia

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

Atlanta Constitution

Location

Atlanta, Georgia, United States of America

Date

Aug 02, 1906

Page

7

Richard Cheatham Denies Personal Cotton Futures Involvement

In a committee hearing Cheatham declares he has not bought for himself or held interest in bucket shops or wire gambling. He notes Southern Cotton Association funds are controlled by F H Hyatt and asserts no officer possesses crop reports to benefit themselves. He admits two nonresident friends influenced trades, denies personal gain, and reiterates opposition to cotton futures gambling.

Southern Cotton Association F H Hyatt Traifer Columbia & C Pcommidee Cheatham O Grady Dider Oves P A Lee Anay Alwayn South Southern Mme Richard Cheatham J R. Anderson Chatham Cheatham Atlanta Journal State Senate Georgia State Senate Georgia Tndia Atlanta Constitution Mike O Grady New York Fourth National Bank of Atlanta Bank of Commerce and P +A Lee Mr Cheatham PA Lee Tichard Cheatham Third National Bank of Atlanta Mike Ogrady P A Leo Rouse Banke Egeatham Mike Oy P A. Leg Southern Cotton Apsociaion Piedmont Brokerage Company Arthur A Fairchild Atlanta Directory Fairchild Montgomery Mike O'Grady J Randolph Anderson

Cotton probing now underway continues from page one

The Cotton Journal details a probing session into Mr Cheatham and associates with extensive testimony from W R Fagan and others. Players include O Grady, Anderson, and Curran as brokers, with funds and margins discussed and accusations of bucket shop activity amid contentious exchanges.

Anderson Charges Against Southern Cotton Officials Before Committee

J Randolph Anderson of Chatham cites Cheatham interviews as fabrications and outlines charges against Southern Cotton Association officials for cotton speculation under assumed names, including Mike O Grady and P A Lee, with details on checks and accounts, and asks for committee investigation and presentation of evidence.

Strained Testimony in Cotton Association Hearing

Dr J M Crawford testified as a stockholder in the plantation exchange and asserted Cheatham owned stock. John Temple Graves offered hearsay impressions about the association’s vice president Peters of Texas. A A Fairchild, publishing bureau manager, announced his resignation citing conflicts with officers while defending his independent advertising role and commitment to the Southern Cotton Association.

J M Crawford Ant Retary John Temple Graves Association Peters Texas

Secretary Cheatham and President Jordan testify at hearing

The night session of the investigation saw Secretary Cheatham and President Jordan on the stand. They discussed signing checks with the word secretary, denying personal speculation in cotton futures, and the public impression of misrepresentation. The panel pressed about O Grady and Lee, bucket shops, and the aims of the association amid opposition. The committee adjourned briefly after intense questioning and planned to reconvene for more examination.

Cotton Journal Cheatham Mr Cheatham Seymour Anderson Fagan O'Grady Cheataham Chattanooga Jordan Wr Anderson C Cothran Fragic Crawford Piedmont Exchange Holland Curran St Sigdanburg Curran Richard Cheatham Wor The Cotton Association Lee Richart’ Cheatham Matlonnal Bank Arsa Manu Facturrs Atlanta Georgian Atlanta Credit Association EC Brutfey Atlanta Natity Cheatham B. Preston Atlanta News Cheathanbout Binker Ogrady Leo Moore Chittanones O Grady Securine Grady Casttanonga Tucky Cheviham

Also Mentioned on This Page

Cuesta Rey MR. Cheatham O Gredy W R Cabun New York Exchange Vic Cheatham Fegan Adderson Mr O Grady Mike Jones Cuenan Chas. H. Fletcher E O'Grady Piedmont Brokerage Compan Richard P A Thia Ferucsion Thia Mr O'Grady Bike O'Grady Leo Edward Hrusey Geen Cheathem Edward Bruffe Retary Titans Drasyn Down Cheathan Steadiation Cipals Dabney Camie Sluett Pearcey Akerg Cluett Monarch Ohiee National Biscuit Company Nationel Biscuit Company PS Pe LAW Bros. CO Manhattan Whitehall
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