13 Jun 1901
Page 1
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Newspaper
Atlanta Constitution
Location
Atlanta, Georgia, United States of America
Date
Jun 13, 1901
Page
1
Georgia faces a $500,000 deficit after a supreme court ruling bars use of the public property fund for teachers salaries. Governor Candler must borrow about $200,000 to cover July interest and state running expenses, with the treasury facing a shortfall and widows' pensions cut for the year.
Justice Lewis dissented over whether proceeds from the sale of the North eastern railroad fall under the public property fund used to pay bonded debt. He argued the sale proceeds do not constitute public property for that purpose and the treasurer must prove the specific fund separate from the general treasury. Attorney General Terrell predicted legislative action to reallocate the fund to interest payments, potentially revisiting the issue in court.
Georgia Treasurer Park calls the ruling a triumph of fundamental law and the state constitution, not a personal victory. He notes numerous lawyers and twelve superior court judges support the decision, and expresses concern that school boards may delay funding despite the favorable outcome. The telegrams of congratulations include Hon Dupont Guerry of Macon.
Governor Candler warns of grave danger as the state faces a looming cash shortfall. He cites a borrowing limit of 9060 and 112000 tied to the public property fund, leaving little money to cover running expenses and teacher salaries. He plans to await a treasury statement before deciding on taxing or extra legislature sessions.
The Southern Industrial convention in Philadelphia heard governors and delegates discuss the relation of Southern states to national wealth and the advantages of Southern cities. Wu Ting Fang spoke on American trade with the Orient as a crowded audience of industrial leaders and society women listened intently.
Cuban team yields to United States influence at the Convention event, with leaders and organizers shaping the outcome and reception among participating delegates. The moment signals a notable alignment in regional sports diplomacy and cultural exchange during the gathering.
Havane June 12 The Cuban constitutional convention passed the Platt amendment by 16 to 1 after debate. A substitute report favored acceptance and an appendix to the constitution. Washington welcomed the action as a step toward stable government and closer U S ties.
A man accused his wife of infidelity before firing four shots, leaving the victim in hospital as an instigated arrest followed. The scene featured a tumultuous speech and a controversial economic digression touching China and trade, interrupted by applause and public remarks.
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