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Newspaper
Atlanta Constitution
Location
Atlanta, Georgia, United States of America
Date
Sep 04, 1915
Page
3
An OCR fragment notes Jones' Cash Store located at 124 Whitehall Street with a 25 cent reference. The readable text is brief and lacks additional details about items or dates.
The plan would let farmers use warehouse receipts for cotton as collateral to borrow at rates not exceeding 6 percent. Local banks would determine loan-to-value, while the reserve bank stays out of the lending details. The scheme, backed by the Atlanta Reserve Bank, seeks to strengthen the cotton market by enabling producers to hold cotton for better prices. Secretary McAdoo and the Federal Reserve Board announced rediscount policy to support warehouse receipts and pledged $5 million in gold to be deposited in Atlanta, Richmond, and Dallas banks.
President Wilson has trimmed the Cleveland national forest in southern California by 760,000 acres, now open for homestead settlement. Additionally, over 1,500,000 acres in South Dakota are opened for entry under the enlarged homestead law, to be settled as 320 acre homesteads.
Athens reports Serbia has accepted in principle the entente terms for territorial concessions to Bulgaria, with the frontier remaining in contact with Greece. Sofia states Bulgaria is drafting a reply to Belgrade while continuing talks with Turkey over key rail lines and territories. The situation mirrors broader Balkan tensions as rival camps debate Macedonia’s fate amid shifting Turkish and Austro-German pressures.
Austro-Hungarian forces press east and south of Bolota and Dubowcje as General Ivan Bothmer’s troops near the Sereth. German capture of Grodno marks the twelfth fortress fallen in a month, with Wardaw on August 5 the last to hold out. Grodno lies about fifty miles from the German border on the Petrograd Vilna Warsaw line. German gains near Riga reported as port northwest of Friedrichstadt about 49 miles from Riga. Field Marshal Archduke Frederick and von Mackensen to cease cooperating. Augman armies expected to move toward Serbia. Western front sees heavy cannonade across Artois, Lorette, Champagne, Argonne, and the Remabois valley.
Rome reports Benedict expresses pleasure that US Germany submarine talks advance peace. He notes Wilson shown fairness and good will and could urge belligerents toward preliminary steps toward negotiations. Cardinal Gibbons delivered papal message urging end of war and disinterested prayers for peace.
A Catholic leader expressed readiness to mobilize the church's full backing for any person, institution, or country undertaking a noble mission to end the war, emphasizing Christ's teachings and love for humanity.
Washington September 3 The American view on fixing reparations for losses from German submarine campaigns like Lusitania and Arabic is not finalized but likely to accept arbitration to determine amounts. The dispute would not decide the principle that unarmed merchant ships must not be sunk without warning or safe escape for non combatants.
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