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Newspaper
Dahlonega Nugget
Location
Dahlonega, Georgia, United States of America
Date
Jan 08, 1909
Page
1
The financial community expresses optimism as securities trade near year end highs, with credit reinstated and strong demand for new and old bonds. Rapid bond absorption signals rehab progress, while rail and industrial capital awaits, opening the path to renewed prosperity amid tariff and Balkan tensions and Italian disaster impacts.
The US Atlantic fleet arrived at Suez two days ahead of schedule on its world cruise, after sailing 3 440 knots from Colombo where it left December 20. A seaman drowned from the Illinois earlier. the ship aided in the search. Crews at Port Said will coal quickly to be ready for Messina if ordered.
National bank examiners would switch to salary or per diem and expense basis, abolishing the present fee system. Secretary Cortelyou Comptroller Murray and Deputy Comptroller Kane propose the change, with the National Monetary Commission ready to send the suggestions to Congress for law consideration.
New Mexico and Arizona plan a renewed push for statehood, seeking two states instead of one. Both territories have waited decades for admission, with New Mexico pursuing entry for nearly sixty years and Arizona for about half that period. Congress opens a new session. eastern conservatives have blocked progress, doubting readiness for statehood.
President Roosevelt announced the dispatch of two supply ships carrying 300000 dollars worth of food and aid to Italy and said he would seek additional congressional aid. He also offered the use of the battleship fleet if useful, signaling rapid action amid the Sicily earthquake disaster and growing Allied relief efforts.
The Missouri Agricultural College announces that with a $45,000 annual appropriation it will provide an antitoxin serum for hog cholera, guaranteeing annual savings to Missouri farmers from $1,000,000 to $35,000,000 and declaring readiness to vanquish hog cholera.
In San Francisco Abraham Ruef received the maximum penalty of fourteen years in the penitentiary for bribery of a city supervisor. Ruef had for years directed political destinies as adviser to Eugene E. B. Schmitz, the former mayor, in the city administration.
Chicago 11 West Freeman of this city has fallen heir to more than $3,000 as a reward for kindness to an aged woman seven years ago. Freeman helped an injured woman in London in 1901 after she was knocked down by a cab and carried her to his room.
The Atlanta Birmingham and Atlantic railroad, created by Harry M Atkinson with termini in Atlanta Birmingham and Brunswick, is now under two receivers H M Atkinson and Preston B Arkwright by Judge Don A Pardee. Bond interest default prompted placing properties in receivership to protect operations and avoid creditor seizure. The suit against Old Colony Trust Company remains amicable, with no disruption to services as the line seeks recovery.
In Union City Tennessee an attempt was made to shoot Attorney General Caldwell near his home. He was followed from the depot by a man who fired twice as Caldwell neared his residence. A local Associated Press correspondent fired at the would be killer but missed. Soldiers and a citizen posse searched the area without success. The shadowy assailant vanished and no one was injured. Local night riders and patrols are noted as tensions run high.
Glens Falls New York officials of the International Paper company warn a wider paper famine may occur if the current water shortage continues. Many mills already run on short time and would shut down entirely within four weeks without rain, threatening shipments to several large dailies due to no reserve paper supply.
In Hopkinsville Kentucky an all night session among Imperial Tobacco Company representatives, independent buyers, and the Planters' Protective Association led to terms for selling 45,000,000 pounds of dark tobacco. The Imperial agreed to no more than 1,500 pounds per hogshead, with 15,000,000 pounds set for sale. This marks the first major sale of Kentucky's dark crop and will be ratified soon.
Augusta Ga President-Elect Taft has halted the growing push to form Taft Clubs across the South. He questions the wisdom of political activity at this time and opposes the Taft Club plan. He says if southern Democrats pursue an independent element later, such groups should be named exactly as they are independent.
Washington reports a sweeping prohibition wave with the saloon under strong attack. Georgia tests near prohibition with a four percent alcohol cap, while North Carolina Alabama and Mississippi go state wide January first. Louisiana defers to the Gay Shattuck law enforcement. Tennessee leads ongoing fights with statewide measures debated. Florida remains partly dry with city liquor sales.
John A. Stevens, formerly chief engineer of the Panama Canal, writes in The Engineering News to defend the Gatun dam against sensational attacks. He argues there is no justification for the criticism of its design and methods, suggesting rival Nicaragua route critics are at play. Stevens maintains the Panama route is wise in location and planning, calling opposition unfounded.
Dr Charles Needham, president of George Washington University, told music teachers at the thirteenth annual Music Teachers National Association convention that machine made music cannot reproduce the human soul. He argued you can photograph a face or copy sounds but not interpretations, praising inventions yet saying they fail to move listeners as human-made music does.
Fire at Brewton Alabama wiped out the Love Lace Lumber company complex including a large saw mill plant and basket factory. Estimated losses range from two hundred thousand to two hundred fifty thousand dollars, with partial insurance. The plant ranked among the souths largest and best equipped. The article also notes a Bath Missouri meeting of Morse supporters, sparrow pest concerns in Japan, and relief fund balances and disbursements from the 1906 San Francisco fire.
Governor Hoke Smith stated no decision to warn Savannah to obey Georgia prohibition law or to impose martial law has been made and he has no official information of violations. He emphasized Georgia officials would not tolerate open law violations and urged lawful conduct.
Georgia department of agriculture aims to sell fertilizer tags to fund eleven district agricultural schools with 2000 dollars each to start the new term. Proceeds from tag sales, minus department expenses, support maintenance and the Athens Agricultural College as feeder institutions. The program emphasizes cattle raising and dairying, with cotton seed meal hulls highlighted as economical feed.
Athens Ga farmers conference at the State College of Agriculture will include a wives conference. Farmers are urged to bring wives to participate. Rail fare reductions apply to wives, and a rest area will be provided at the new agricultural hall. Mrs Walter B Hill leads the program with many notable participants. Scientific soil tests will be conducted by the schools to determine best results.
A new survey finished shows the Valdosta and Moultrie railroad reaching Moultrie on their first line. The project plans an additional line, with a 42 mile distance from Valdosta, and bridge work already in contract as financiers search terminal property.
Officials in eighty counties notify the prison commission they will use their convict quotas on public roads after April, with many seeking overs. A Taft inauguration marching club of 1000 will lead a Washington parade, joined by 110 cadets from Georgia Military College. A Georgia committee from each district leads the effort amid other state news including a long sleep spell in Lin dale, a planned canning plant in Savannah, and a prize apple report from Rabun county.
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