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NEW BANKING SYSTEM. McAdoo Hopes Reserve Banks Will be in Operation Soon. Washington. February 18.?The Federal reserve bank organizatior after a five-weeks' trip through the country, in a statement to-night announced that its selection of Federal reserve cities and definition of reserve districts would not be made until it had carefully considered information accumulated on the trip '""he statement said the committee found the country prosperous anc learned that bankers and business men are confident of the success o] the new banking system. In a supplemental statement Secretary McAdoo declared he hoped the new system would be established in time to take care of crop moving contingencies next year, but that il it were not the treasury departmehl would stand ready to place its funds again at the disposal of business men. Committee's Statement. The committee's statement it part: "We have spent practically from the 4th of January to the present time in hearing the views of business men and bankers on the problem of dividing the country into not less . than eight or more than twelve districts and \>f locating in each district the main office of a Federal reserve bank. Of the two questions the division of the country into districts A * 14. is the more important ana aiuicuit. The committee asked those who appeared before it to direct their attention to these two problems. "A great many able and impartial business men and bankers have submitted their best information and opinions, and always in a spirit of / great fairness. "The committee has held hearings in eighteen cities and has heard from every community of consequence in the sections of the country \ it has visited. Confidence in System. "In every section of the country the committee has found a practically unanimous conviction that the currency bill will bring about most beneficial changes in business. The committee was presented with overwhelming evidence of the enormous economic strength of the country - and of the rapid progress of every section. The fact that the nation's banking resources as a whole made enormous advances every twelve or fifteen years, approximately doubling in each such period, was made evident; while this is true of the country as a whole, it was shown that certain sections are advancing with more rapid strides than others, and that the country is fundamentally J J exceptionally suuuu auu auuug economically. Facts and figures in every part of the country show amazing growth and strength and disclose a condition of financial, industrial, commercial and agricultural soundness and prosperity that leaves no doubt as to the future. Flaws in Present System. "The committee was impressed by the frank admission of bankers that the present banking system not only encourages, but actually has created artificial banking conditions. With practical unanimity the opinion was expressed that the new measure will restore normal conditions avith great resulting 'benefits; that the present system not only furnishes no protection in times of real stringency, but also, even in times#of great prosperity, makes it impossible to meet the conditions, and that there has been presented the singular contradiction of having bankers thrown into fear of panic by the emergence of wealth. Bankers unanimously wore of the opinion that the establishment of this reserve system no longer will >- - ?:i... ~ ~~v. + niaKe our yiuspci itjt_ <x yci u w-uu Lnai it will relieve them of apprehension and distress in those conditions and give confidence and stability to business generally. Field Survey Complete. > "The committee has finished its survey in the field. It has yet tc make examination of important documents and data, and can not render any decision until it has thoroughly examined this matter. "Already practically all capital represented by the national banks has come in. A number of State banks have applied for national charters and many have applied for member ship in the Federal reserve system In every State the committee has visited it has heard expressions fron governors, banking commissioners and others, to the effect that \vher< there is legal disability against sub scription by State banks, that disabili ty would be removed, and the furthei expression that eligible State banks very generally would seek to entei the system. "The committee is graunea win the results of its trip." McAdoo's Statement. Here is Secretary McAdoo's state ment: "In a few instances the questioi was asked if the new Federal reservi banks would be organized in time t< GOETHALS COMING HOME. ' Expected to Say Whether He Will Govern Canal Zone or Police. * New York, Feb. 19.?Colonel 1 George W. Goethals, chairman of the Isthmian Canal commission, is aboard the steamship Metapan due to arrive in New York late to-day, but which received wireless reports of the schooner Kineo in distress north of Diamond Shoals and went in search of her. This may delay the arrival of the Metapan until tomorrow. 3 Colonel Goethals recently was f nominated by President Wilson as the first civil governor of tne Manama canal zone and is coming home to I confer with President Wilson and 1 Secretary of War Garrison on the > subject of the civil government of c the zone that will come into existence t on April 1. ? Colonel Goethals is sure to be ask5 ed when he lands from the Metapan what he proposes to do* with respect to the offer made to him by Mayor 1 Mitchel of the police commissionship of New York, which offer Mayor Mit1 chel insists the colonel has accepted. i PROBLEM FOR OFFICIALS. t ; Mr. Wilson Recognizes No Government in Mexico. Washington, February 18.?Capture on American soil of Maximo , Castillo, the Mexican bandit chief, charged with responsibility for the Cumbre tunnel tragedy, has furnished a knotty problem for officials here. From the moment Gen. Bliss reported to-day that Castillo and his companions had been taken by the border patrol in New Mexico there have been conferences and exchanges between the State ahd war department officials to determine what should be done with the prisoners, who temporarily are held at Fort Bliss. 4 ? " nl. n JTT A Atrlinct AS LUC LI I HI C Liidi ^CVl A^qxuov tillo was committed in Mexican territory, American courts are without jurisdiction. In time of peace the prisoners would be surrendered under extradition proceedings to the government of the Mexican State of Chihuahua. But as President Wilson has declared there is no government in Mexico, any extradition proceedings would involve grave difficulties. The State department has been appealed to and pending its final decision, it is the intention of the war department to retain Castillo and his party in custody under the same conditions as Gen. Salazar and the Federal soldiers, who came across the international line with arms in hand, thereby subjecting themselves to internment. ' GIVES THREE RECEPTIONS. Mrs. S. H. Saunders Compliments Her Niece at Florence. Florence, February 18.?Mrs. S Harry Saunders entertained yesterday morning at her home, -1 25 South Dargan street, in nonor of her niece, Miss Pearl Counts, of E>amberg, who is here on a visit to Mrs. Saunders. The entertainment was from 11 to 12 o'clock. Mrs. Saunders was assisted by a member of her most intimate friends, and the hospitality extended was cordial to a degree. The Saunders home was charmingly decorated with hot house plants and choice cut flowers, and despite the severe cold which prevailed the warm- welcome and the splendidly heated home were sufficient to make all who attended feel glad that they had braved the biting wind. iMrs. Saunders entertained again to-day and will do so to-morrow at the same hour in order that her many friends may have the pleasure of meeting her niece and thus save : crowding at one reception. Bell Blown From Steeple. Paris, February 22.?At Dijon a hurricane blew the bell out of the tower of the Church of Xotre Dame, 5| a thirteenth century structure, and sent it crashing through the roof of i the chancel. The edifice was so shaken that the tall steeple threatens to fall and the police have roped off adjoining streets. 5 take care of the crop moving contin; gencies next fall. It is hoped that s the system may be established be fore that time but if it should not be, . the resources of the United States s treasury will again be placed at the i disposal of and be used for the pro5 tection of the legitimate business inJ terests. Treasury resources are be lieved to be adequate for the purpose - and if they should not prove to be. r then it should be remembered that j 5 the Aldrich-Vreeland Act has been r extended until June JO, 1915, and the tax on circulation taken out un1 der this measure has been reduced to the point where bankers may resort to it with advantage in case * | - necessity should arise. The financial situation is, therefore, sound and i satisfactory and there is every reason e why business should proceed normala ly and with confidence and courage." FRIEL ALLEN SEEKING P All DON. |"i Preparing Petition in Behalf of Young ; U Clansman. to ' i Richmond, Va.?Governor Stuart j will shortly be presented with a j:e-! tition asking him to pardon Friel! Allen, the youngest member of the | Hillsville clan which wipe 1 out the j Carroll County Circuit Court in March, 1912. Friel is now serving an eighteen year term in the State Penitentiary for the murder of Cornwealth's Attorney W. M. Foster. Word has reached the Capitol from Carroll that the residents of Mt. Airy and the neighboring territory, are uniting in the effort to have the H Governor give Friel his fredom. During the period of hysteria which assumed unprecedented proportions in the unsuccessful effort tc have Governor Mann commute the death sentence of Floyd and Claude Swanson Allen, the present governor refrained from any public comment on the movement. No one was able to have Mr. Stewart lend his assistance to the campaign. Those who know him best say that there is little reason to believe that Governor Stewart will exercise clemency for 1 Friel Allen's benefit so quickly after his commitment to prison. Friel Allen, who is seventeen years old, is the most popular member of the Allen clan with the people of Carroll county. The persons circulating the petition in his behalf say that the young man's share in the Hillsville tragedy was negligible, and that he did not join in the shooting until he had been fired upon by members of the court. In his trial, Friel testified that he fired only at two persons?Clerk Dexter Goad and Commonwealth's. Attorney Foster. Goad escaped death and the evidence was to the effect that Foster had received a mortal hurt when he came within range of Friel's revolver. He was found guilty of mur- , der in the second degree. M fl siana iiiawarus, iwem>-iwu )eais old, another member of the Allen gang, who is serving a fifteen-yearterm in the penitentiary, is reported by Superintendent Wood to be in better health. He has been taken h out of the shops and is given as much freedom of movement as is practicable. COAL RATE INQUIRY OPENS. Attorney States He Will Ask for State What Spartanburg Asks. Washington, February 19.?-Be- 81 fore Interstate Commerce Commissioner Harlan to-day, a hearing began here in the case of the Cotton Manufacturers' Association of South W. Carolina and the city of Spartan- Lf burg against the C. C. and O. Railway et al, on the ground of discrimination in coal rates from the Virginia, Tennessee and West Virginia fields. W. A. Wimbish, of Atlanta, appeared for the cotton manufacturers, and L. A. Phifer, of Spartanburg, for that city. ^ The commerce commission declar- || ed that it had consolidated these R 1 cases with about fourteen others. I a In view of that announcement, Mr. || Wimbish gave notice that he would f jj have to reopen the whole matter and |l amend the petition of his clients so 2* as to attack the reasonableness of W all coal rates to South Carolina ter- 1 ritory. This is important and means that Mr. Wimbish proposes to ask for the whole State what Mr. Phifer asks for Spartanburg. There will probably be several more hearings and the case will not be decided for H months. IjOVERS turn"to tragedy. Four Killed, One Dying and Others Seriously Wounded. Philadelphia, February 21.?Four persons are dead, four are seriously wounded and one is dying in a hospital to-night as the result of two shooting affairs here to-day. In both cases linauiauoii wilii ?umcu ?uc mbb rejected professions of love, was re- |j| sponsible for the tragedies. gji Early in the day Carl Kinlock, aged 3S, shot and instantly killed a || waitress, an elderly woman he did H not know, while vainly trying to kill a young waitress who had spurned R him. He wounded her, shot him- n self and is dying. Late to-day Herman Peters, infuriated because his boarding house ! mistress refused to elope with him, | shot and killed two women against whom he held a grudge, seriously injuring the one who rejected him. MJ wounding two other persons and Iff then fired a bullet into his own head, J dying several hours later. The first shooting was in a restaurant filled with patrons and the other in a small room crowded with guests bidden to a farewell party given by the slayer. Those dead as a result of the second shooting are: Herman Peters, the slayer; Mrs. Margaret Snyder, 25: Mrs. Annie Tennison, aged 2ti. rue injured: Ole Tennison, husband of one of the women killed; Miss Louise L. Gar- ^ man, Mrs. Lillian A. Blossar, proprietress of the boarding house. ai ii icao^ r nn/^vnf A to l/UMU CIC Tf a I have employed an ex plumber and. am now . pared to do all kinds of f class plumbing at reason prices and on short nc It ki w< gr Ci re ALL WORK P A. t 31 iz icao^ We wil POUND i fo Pound of Dr Farmer* \ Bambe V He us for Cas lizers. We can MART COTTI r' n ork n J PI nmkintf II 11U 1 lUlllUUIg I 1 t i pert , preirst ; 13 able >tice S ' *r 't im also prepared to do all f nds of Street Paving, Sidealk, Septic Tank, Under- ' ound Systems, Coping, lrbing, and all kinds of inforced cement work :: t .y ^ yy; / ' ' W I felll B$3ii ' - < GUARANTEED J IATCHELL [ g^o 1 QgQE3ES3N A% II give a OF MEAL *1^'" n . . , Ri? ra I : ' < y Cotton Seed S 1 * ? /l f\ 5 bin to. "V2??v *s,s.c I r iirnn MH JUU .HU m yj! HH MtSs j^Hl Mm |^H Si 9R Hv ^ ^1 Rn TOgg Bm 9HH MB B^H 9H jr. . jfl fl A fl H i^V H JBh % h Prices on Fertisave you Money ? -/#;^ ON CO Savannah, Ga. ? ;v ' 'M