Grand Rapids herald. [volume] (Grand Rapids, Mich.) 1892-1959, 1892-11-29

speaking Of hospitals" said Clark
l. Turner ~ the Eagle yesterday, 81
Rad an experience IN . Cincinnati sAni-
tariun about two years ago, that |
snaii remember to my dying day. !
had an attack OF typhoid fever and OF
course vent TO . hospital. shortly
after became consaiesoent.
Was lying on my cot one day glsneing
occasionally at newspaper, when the
door suddenly opened. A well dressed
man entered and smiled in = significant
sort OF way. lie appeared cool. aud
seif-posscssed and acted perfectly ~
home. l had never seen him before
and didn't know him from Cleopatra.
We'll, you ready tor that operation
he said brlskly. What operation l
asked bswllderedly. why be says.
the trouble with YOU 10 that your heart
beats too rapidly. Now I'm going 10
partly cus three or four of the muscieA
That Will reduce their power and You
will DO all right In = few days-' l
looked At him for moment aud could
zee Wild CLEAN IN his eye. Then the
awful fact that l WAS alone IN room
with . maniac davnsd upon me. and
the cold sweat started from every pore.
l Was 90 weak that could have offered
no resistance-in fact l couldn't even
make noise. The we'll dressed man
smilsd satiricaliy ~ he looked at me.
Then he took on his coat aud began 10
roll up his sleeves. just 40 he finished
his preliminary preparations the door
opened and the superintendent and =
nurse entered. Ny would-be surgeon
80 q he. - Au.x
meekly submitted himself TO be led
from the room. He Was an opium
maniac"
E. A. Sunderiin of Lansing, deputy
state bank examiner, 10 ct the New
Livingston. "lf the 10 per cent. tax on
state banks were repealed l don't
think q single bank in Michigan would
issue circulation" he said yesterday.
IL think, however. that the southern
banks would, and that the south would
soon be flooded with wildcat currency.
But northern banks have no desire TO
issue circulation. At least they don't
do IL. For instance, the Old National
bank of this city has . capital of $780,
600 and accordingly may issue 500 900
circulation-90 per cent. But the Old
National has only $45, 900 circulation.
Now, If there was any mouey in il, IL
would issue that little balance Of $685.
600. The First National bank Of Pom
tiac, one of the oldest in the state, Is
being trausforme into q state bank be-
cause 1t can have more privileges and
make more money. National banks
are permitted to loan only 10 per cent.
of their capital stock TO one man. This
practically prevents most Of them from
making any big loans. A state bank
may loan 10 per cent OF Its capital and
surplus and by a two-thirds vote OF Its
directors may loan 20 per cent. Of
stock and surplus. This allows Q state
bank TO make loans four times ~
large a. those made by . national bank
with equal capital. 1t allows them to
accommodate heavier customers. and
it makes big difference In . seasons
business. All the money = bank makes
il gets from its looms and the little ex-
change it may do"
81 can't say whether Pm going to be
. candidate for state insurance commits
sioner," said II. G.. Seage, of Lansing.
at the Morton yesterday. "Some of
the bows have told me that the state
ASSOCIATION will recommend mo, but
Pm not sure that want to give up q
good thing for . 81, 900 state Job. Gov
ernor Rich has = unique and sensible
idea in making the appointment this
year. He 10 going to leave II 10 the
state association Of underwriters. Gov