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This newspaper page contains 10 articles. Subscribers can read the full text of each article.
Newspaper
Atlanta Constitution
Location
Atlanta, Georgia, United States of America
Date
Sep 10, 1914
Page
13
Southern businessmen and manufacturers met in Atlanta to push a plan substituting cotton for jute in wrapping. Meeting at President Wickerham's office outlined cotton’s potential to meet packaging needs, saving money and aiding the South’s cotton situation. Estimating impact ranges up to a million bales. agitation and machinery will be required to realize the plan.
The article argues money will strongly influence the European conflict with Britain and France advantaged financially over Germany. Lloyd George says initial funds are easy but the final hundred million will be harder. Russia relies on manpower while Britain may double forces with colonial aid. France and England shield Russia financially, and Germany reportedly saves for the war but may struggle in a protracted struggle.
A Georgia editorial argues the nation can fix the cotton market by using emergency treasury currency against warehouse receipts. It urges Washington to authorize safe, collateralized lending to banks to store cotton and advance funds, likening this to quick, decisive relief for the cotton belt. It notes banks' bottlenecks and calls for swift action.
The Boston Globe reports New England business leaders speak with optimism amid European conflict. They foresee certainty replacing uncertainty, capital flowing, manufacturing surging, and higher prices as the world recovers. Americans are urged to meet the occasion and supply essential goods. War may spare Mr Carnegie's Peace Temple as a monument to good intentions.
A fragmented 1920s style collage cites harvest jubilation and Christendom talk alongside wartime prophecies and weathered editorials. It blends Harvest Picture Show praise with poems and satirical quotes from editor Grinell, Dr Woods, Aunt Petunia, and a mock war reportage voice.
Prominent Speaker Champ Clark advocates a single six year presidential term and offers to serve as the holder of that term to demonstrate his sincerity. The remark appears in a bulletin sourced from The Anderson and The Prom.
The Holland Letter issued under Frank A. Vanderlip’s supervision discusses the national banking system and the need for a central banking organization. It argues the Fed reserve is imperfect without unified control and that New York banks bore the gold certificate burden during the August 1914 emergency, highlighting calls for broader currency cooperation and eventual centralization.
The New York Times reports Pleasant A. Stovall, U.S. minister to Switzerland, faced comic opera jokes after presenting a formal invitation to Swiss officials and other nations to participate in a naval demonstration at the Panama Canal inauguration. A letter inviting many nations to send ships was well meant but overlooked that some friends have no navies, provoking diplomatic amusement.
Editor Hervie Jordan argues that the postwar cotton tax, levied 1862 to 1868 and totaling about 66 million dollars plus 2 million from other shipments, was unconstitutional. He urges immediate efforts by southern legislators and Congress to return the funds to the states for cotton relief and stabilization, highlighting representation gaps during the tax period and calling for swift action.
Quitman banker J. W. Oglesey proposes a government backed loan to cotton planters in the south. The plan would offer loans around 4 percent via banks as trustees, secured on middling cotton at 12 cents per pound, with caps on land use and penalties for excess planting, expected to save farmers and related businesses from large losses.
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