davidaulloa/AmericanStories huggingface dataset:
The times. [volume] (Richmond, Va.) 1890-1903, 1897-11-27

mo lmeprial Bank Of Germany nos
sesses 20 branches and banking offices
which, with the other banks OF circula-
uon and OF discount supply credit in
Prussia and in other States OF the en-
pre- me Bank Of Austria Hungary has
Hdty-slA branches besides the two main
oihoss az Vienna and Buda-Pesth, and
the National Bank Of Belgium has nor
iess IMAM forty Offices for the distribu
uoh OF credit within the limits of that
restricted but prosperous kingdom. The
system Of branch banking has aided
greatly IN the distribution of credit I'm
,hose countries, but it has aided still
more In such a distribution I'm Scotland
ana canada, where the banks compete
with each other for performing the bust
ness Oh the community. Branches of rival
pahks compete with each other in the
sumo community, and branches might be
es'dDhshed IN communities entirely in
capable or supporting an Independent
odhh' "here the local agent was engaged
IN some other business or the banking
once was open only on stated DAYS.
WIN the power of such branches to nav
OUT the notes OF the parent bank there
may be an almost infinite advantage over
the existing system In the extension OF
credit on moderate terms to all solvent
borrowers"
The times. [volume] (Richmond, Va.) 1890-1903, 1897-11-27

authority. Most Of these provisions will
be recognized as a part Of the Canadian
banking law. which has operated with SO
much success"
Alr. Conant does not favor note issues
upon business assets by very small banks.
While the safety fund might prove ade-
quate 10 cover losses to noteholders by
the failure Of such banks. such losses
would be regarded as an unjust burden
by the stronger banks which were less
liable TO failure and would tend to create
aniagonism by the banking interest TO
any plan presented He suggests unit
ing the power OF note issue upon assets
to banks with capital OF SlVo,vVo OF more
and the permission Of branch banking.
lie says upon this point;
BRANCH BANKS.
Tho system Of branches mas ssluon
failed 10 operate with the most heh3
fetal results 10 borrowers ana 70 com
mercia interests. even where ihe
branches have belonged to single mo
nopoly bank of issue. The complaint IN
such cases has not been OF the iaeH o,
benefit derived from the orahch' pu'
from the slowness OF the parent Dahh :"
creating branches. The Bank OF France
has to-day PSI banking ofhces' ana inc
charter now pending in the ehamper pr'-
Ndes that this number shall DC 'ncieas'H'
The times. [volume] (Richmond, Va.) 1890-1903, 1897-11-27
SMYTH COUNTY AFFAIRS.
rtpJoy no BE LIGHTED BY ELEc-
TRIO LIGHTS.
4 Good Report from the Southwestern"
HospitaI--A Lively Contest Goinson
for County Judge.

MARION. VA, Nov 26.-special--
thanksgiving was observed here by a
,olnt service Of all the churches being
held in the Methodist church where "
very appropriate sermon was preached Dy
the popular pastor, Rev. Mr.. EsKr'use'
nh Town Council, at its last meelihs'
Granted franchise for lighting the Town
~, Electricity 10 n New York company. IL
- nronosed 10 put a dam across the liol-
ston river three miles below town. anu
usa me mower 10 light the town. ana
20 Furnish powcr to those In need or II.
IRE carnenters are doing the nnisn-
ing work on the Bank Of Marion buiid-
ING which when finished, will be- an or
nament 10 the town, and most comiof'A-
bic quarters for this well-managed imam
cial Institution.
TEACHERS INSTITUTE,
--r7chers' Institute will be held here to-
morrow. which bids fair 70 prove sue
cess from what we know OF those IN
teresting themselves In 70.
The Presbyterian church. when mas
been undergoing repairs this summer
will be finished IN time for services next
Sunday. We notice in the stalned-sidss
window over the door that this church
was organized az the Royal OAK Presoy-
terrain church In l776. The old site Is
about a mile east Of town on lana now
owned by Mrs. Dr. r. J. Preston. where
there Is an old buryingground
In 1776 this land was owned ny Arthur
Campbell. half brother OF General camp
bell. Of Kings Mountain Farm. and was
The times. [volume] (Richmond, Va.) 1890-1903, 1897-11-27
sition of his general ideas regarding
banking currency:
TAXES UPON THE PUBLIC.

sition of his general ideas regarding a
banking currency:
TAXES UPON THE PUBLIC
''The essential point, in uhe matter Of
argument. is To demonstrate 10 the public
the truth Of the declaration of Mr. Gil
bert. that restrictions upon hanks are
taxes upon the public. When the funda-
mental truths can be made clear-that
banking profits are controlled by the law
OF competition, and that the rate OF in
terest to the borrowers. other things be-
ing equal, is reduced by the diminished
cost OF providing credit--the way will be
cleared for the adoption by the United
States OF a scientific banking currency.
Much hospitality exists towards our
present banking system as the direct re-
suit of the letters which have been i'm
posed upon it's operation.
BUSINESS FOR PROFIT.
The banks are compelled to conduct
business for profit. and have naturally
refused credit under conditions where they
encountered risk without the possibility
OF profit. Such banking system should
in my opinion, be recommended by your
commission as would disarm this hostility
TO n banking currency by permitting the
wider extension OF credit in sections
where II Is restricted by the pperatica e.
the present banking laws.
u believe that the issue Of bank notes
The times. [volume] (Richmond, Va.) 1890-1903, 1897-11-27
FOR BANKING CURRENCY
BASED IRON BUSINESS ASSETS AND
RETIRENENT or PAPER MONEY.
An Interesting Paper Submitted TO the
Conant. Financial Correspondent.

WASHINGTON. d. C., Nov. Especial.
a strong expression in favor OF bank
ing currency based upon business assets
and the gradual retirement of Govern
snent paper money, has been submitted
10 the Monetary Commission by Mr..
Charles A. Conant, the author OF "A
History OF Modern Banks OF Issue and
Ito Washington correspondent OF lead
tng financial papers.
MIR. Conant points ous that the United
states have so long been under a dineren,
currency system from that approved by
leading economists that the commission
will have an important work 10 do In
removing prejndlees and opening the way
Tor the adoption OF correct views as well
es in perfectIne measure OF legislation.
he says upon this point and In the expo
The times. [volume] (Richmond, Va.) 1890-1903, 1897-11-27

the first Mace settled 60 this vicinity.
The annual report of tne soui. %
Hospital Is just out. and shows tHe ''.
tuition 10 Doe in good condition. -Nn ".''
managed. The per capita cost lot mann
tenance and support IS Sii5-, iAe per
centage OF recOyeries on tle Whoie NUM-
Der OF adm ssions is 55i5 per cehl'' On
the whole number treated. 1910. per CENT
on the daily average population ~ pr
cent.
CONTEST FOR COUNTY JUDGE
contest Of some local interest IS go
ing on for the office OK county JUICE DC
tween Judge g. H. Fudge, me pi'stM
incumbent. and Judge a. 7. Cole VINO
was County Judge before the days or re-
adjustment. Both are actively canYassint
fog signatures 10 their petitions. and az
active deht VIII probably be made, which
gains added interest from the fact that
one ~ the gentlemen was an active gold
Democrat last year. and Is said 20 have
The suuD0rt Of the watermelon poll.
ticians including our senator. and possi'
blv our representative. while the Othei
has been equally active on the other side
Of recent political questions and came
within a few votes OF being our nOmlnes
for Congress last fall.
The Hotel Holston. a new enterprise.
opened to-day with big dinner. our
piace has for some time needed better
accommodations for the stranger within
our gates, and IL is hoped this hotel will
be an improvement on anything Marion
has had for some years.
The times. [volume] (Richmond, Va.) 1890-1903, 1897-11-27

ALTON. VA, Nov. 26-SpeciaL-Th
late boom In apple culture Is very favor
ably helping this part Of Edison county In
values OF land. and buyers from the North
and West are looking for farms.
Mr. Rhodes. OF Brookyille. has already
sold three tracts for orchards TO New
York purchasers.
Mlss Mary r. Harris is visiting her
cousin.
The wheat Is not looking so well. owing
to drought
The times. [volume] (Richmond, Va.) 1890-1903, 1897-11-27

should be as absolutely free as regard for
the safety Of the note-holder and the con-
yenience of business transactions will per
nit. Note issues should he based upon
business assets, and they should be se-
cured by such assets and not by the spe-
cihc pledge Of long term securiues-lcast
of all. should such securities he out of the
custody OF the bank and their possession
hedged about with a multitude Of official
fOrmalities.
POLICE POWER OF THE STATE.
The police power Of the State. however
under the complication of modern busl-
ness conditions, may properly be extend
ed beyond the limits assigned TO IL by
the early classical political economists
/ think the law should provide, in order
to prevent any question OF the security
OF hank notes. that they should constitute
a first lien upon the assets Of the banks
that tho banks should contribute to-
wards q general safety fund a small per
centage OF the amount OF their circulation
that they should be required TO redeem
their notes in coin on demand; that bank
notes thus secured should be issued only
by banks with n capital sufficiently large
to ensure their responsibility and solven-
90. and tina; al banks authorized 10 Issue
"a ulq..n. notes should be open 10 the
supervision and visitation OK the national
The times. [volume] (Richmond, Va.) 1890-1903, 1897-11-27

salve Boxes. sterling silver
tops. Nail Polishers, sterling
silver tops, never known for
less than $3.50, in this sale, s9c.
Comb, sterling silver handle.
Brush. sterling silver handle;
lowest ever known. $50, In this
sale. 99c.
Knife. sterling silver handle;
Fork, sterling silver handle;
Spoon, sterling silver handle:
lowest ever known. s.. In tins
sale, s2.49.
Paper Cutter, and Book Mark.
Sterling silver handles. Pearl
Cutter. warranted sterling sill
yer. 925-l.0oO fine. &c. each.
Sterling silver and enamel,
green. dark blue. light blue. and
garnet, with Fleur de Lis Chat
elain. in plush or leather case.
$6.ss.
open face Watches. sterling
silver. 925-1 600 fine. warranted
genuine Swift watches. $3.50.
The times. [volume] (Richmond, Va.) 1890-1903, 1897-11-27
DamdSk Towels.

Damask Observation-Disclosures never get too
many Damask Towels Takes a wonderful amount
for practical uses Not all for the bathroom, for
these are pretty enough to as table and bureau
scarfs, and sdeboard covers
3oc. and 35c Fine Knottod. Fringed and Hem
stitched, Damask and Huck Towels, = 20
ior .'''...''.'. .....'...
All-I1nen Huck Towels, bought to sell for xOc
12igc. Tor .........................
Cotton Crash Towelling, Sc. value per sc
An-1dnen Crash Towelnr per ward sc
2O-lnch All-Linen Stripe Crash Towelling, IOC
16 2-3c. value, per yard OBSERVATION-DISCLOSURES. wv
6O-inch Turkey Red Damask, 35c. value, ,oC
per ydrd...... ...... ...................s...''''
S-inch Cotton Bird-Eye. per yard DC
at ...................... ..........'.''s''''
Handsome Satin Finished Knotted Fringed Table
Covers. white and colored bOrdered, 2 ga Ga gO
yards long $3.50 value, for ................ ~~'ON
Bleached Damask Frnged Table Gov ers. 2 ga
yards long. ] dozen Napkins TO match 60 ~
$50 value for %'(O
Dinner Cloths. 2i3 yards long. SIS Nap a m
kins TO match, $3.50 value for.............. ~t'"O
yards wide. heavy Bleached Satin DAM Too
ask Table Linen, 81 value, per yard.....-.. /S~
yards wide German Damask Table Linen, 2Oc
soc. value per yard ......................... OS~
Satin Damask. colored bordered fringed hc
Napkins, Joe. value each ...................... w
Fringod Napkins, each .....................'....
All-Linen 1G-inch Damask Dinner Napkins rOc
Soc value, per dozen OBSERVATION-DISCLOSURES. CN
Pure Linen German Damask SIS Dinner Nap
Iins would be cheap for s. Dozen per EI IN
dozen ........s.s..'...'.....'''
The evening times., 1897-12-08

ser,ion that Maher. Goddard, SharSey, ct
al. are not i'll his class. Corhett has
never met Maher or Goddard in the ring,
und he Will he coinpeli.f! To do 50 in order
Ia prove that they are not in his class.
In his bout with FitZ Maher made a
greater impression on the Cornishman .han
Corbettdid 1t Carson. Goddard has Knocked
out Joe ChoyISk twtc. in four rounds each
and served Maher the same way in three
rounds. Men no can perform in that man
ner ale in anybody's class and entitled 10
consideration, 1t is quite plain that Cor
bett is deser wing of no more attention rom
Fitz than is Maher, and not 50 much as
Goddard. whom Fitz has not beaten.
The only fair and manly course for Coz
bett to pursucis to beat these men lie claims
are not in lis class, and thus prove tl.at he
deserves another meeting with FitZ. His
unsupported assertion that he is The cham
pions logical opponent will convince no
one.
Both Mafer and Goddard hav. challenged
Corhett and so also has SharSey. ECTiett
owes il to himself To wipe out tile stain of
that four round ''Craw" that is recorded
against him.
The evening times., 1897-12-08

Most of the noted sircs during the past
ten years have been well advanced in az.
when their best records in the stud were
made. a llerton. the last pfths great slres,
however Ii quite a young horse, and his
performance during the last two years has
been remarkable leading all the sires in
the number of new performers. Allcrton
is only eleven years old while most OF riie
other leading sires during the last ten years
have been over fourteen
Ten years ago Electioueer came to the
front with thirteen new performers, and he
was the first sire on recnrd to place ten
OF his get within the once magic circle in
a season. But the son OF Iiambletoniau and
Green Mountain Maid was previously a
leading sire, and his achievement did not
create nearly as much talk as did Egber 8
when, The next year, sixteen of MS get
came in. But what a vociferous hurrah
went up v hen A Alcantara. at fourteen years,
put III ~ enty in $50!
In1S52 Electioneer would have led ~ lin,
but for the inibrogiio over tue Stockton
kite, a $ tn. result of which eight OF his
The evening times., 1897-12-08
IN THE FIELD OF SPORTS
Stuart'S Efforts to Match Fitz-
simmons and Corbett Again.
FlTZ'S POSITION REVIEWED
AllertOn the Youngest Of Noteh Sires
of Ha rne So Horses-Sam Boyle to
Retire From the Cnptaincy of the
Pennsylvania Crew Because of
Dislike of Ellis Ward.

The efforts of Dan Stuart TO bring fitz-
simmons and Corbett together again are
being watched with interest. though there
is little hope that he will be successful.
Stuart says he will see both principals
shortly ind that he will leave no stone an
tGrLsG to have them face each other a gain.
He declares that he is prepa red 10 Ctfe
them an attractive purse and that he will
guaran,ee them absolute protection frum
the law
The action OF Stuart has again set the
pugistic fraternity To discussing FitZ-
simmons attitude. FitZsiinuons having
complied with the desire Of Corhc:t and
his supproters to whip half dozen OF more
lusty sugging artists now feels inclined to
loll in the lap of luxury, saysln exchange.
AS the Cornishnan gained his .arrels as
the result of persistent uphill struggling. no
fatr-minded person will begrulge him his
simmons but folio VS. the precedent SGT by
the previous holders of the title, John l..
Sullivan and James J. Corbe,s.
I Sullivan retired when Slavin personally V
challenged ana drew the color-line in the
CdS vi Ietti tdckson. IOTDetU COillpeiieu
Fitz t. topple over quintet of dangerous
boxers before exposing his own solar plexus
TO the Cornishman's blows. When Cod
dard, then in his prime, personally chal
lenged Corbett, the latter requested the
Aust allan to first dernolish Peter jackson.
Therefore, from all points OF view, Fitz-
irirnons' position is sound, being sus-
tanned by both precedent and far play.
James J. Corbett, one of the men def Gated
by Fitzsmmons, insists that he is the only
man entitled to another meeting with Fitz.
summons. ami declines to hox any OF the
other victims of the champions skill Cor
belts position is utterly unsupported by
facts, and there is no ground for his as
The evening times., 1897-12-08

Jack Ward, OF Baltimore, and Jack Nc
keek have i'een matched to box prelim.
mary bout to the Mccoy Creedon contest
on December II.
The evening times., 1897-12-08

twenty seven newcomers went into co na-
tose rejected" state, and Nutwood loometi
up with twenty-five Of nndfsputed legiti-
macy. 1t came very near being Nutwuod
again in 1898, but Col. Pepper mana :setl
to scare up an eighteenth Onward and Gut-
scored him point. Then in 1SS4 Marvin,
this time busy in the East, found TWEEN: Y
young st. Bells at Prospect Hill, and the
honors went to the dead son of BeautifI III
Bells, who would have been but twelve
years old had lie been living. A year later
Red Wilkes who had been right along with
the leaders fer some seasons, scored with
twenty-five. Last year there was a stun
ming surprise when the ten-year-old 4t,ler-
ton claimed fifteen and the pre-eminence.
And now he is to the fore 4 second time,
and this year with twenty.
The evening times., 1897-12-08
Anniversary Entertainment.

Ii oommemoration of the eighth anniver-
sary OF its prosperous existence, Capital
Lodge, No. II, X. of P, entertained its
members and their many friends last even
ing. All credit lis due to Mr.. Ben iamin Held,
the Chairman Of the committee on enter
tainnent. for the energy spent in arranging
and providing for most delightful pro-
gram. The cozy hall at No. 80 Pcnnsyl-
vania avenue northwest, was bea itifully
decorated to its utmost capacity.
The evening times., 1897-12-08

Southern Relief Luncheon
At Masonic Temple; oysters served by
Philadelphia Oyster House. Luncheon, %
cents; admission free. II
The evening times., 1897-12-08
n,king an Eye

razor with him. ,lne of the women turned
out to be his wife and the other his sister.
The evening times., 1897-12-08

Don't be persuaded into buying iiniments
without reputation or merit-Chamber-
aafn's Pain Balm costs no more, and its
merits have tecn proven by test Of many
years. Such letters as the following from
l.. G. Bagley. Hueneme, Cal. are constantly
being received: The best remedy for pain 1
have ever used is Chamberlain s Pain Balm,
and say go after having used it in m y
family for several years. 1t cures
rheumatism, lame back. sprains and swell
ings. For sale by Henry Evans, wholesal le
and retail druggist, 93s st and Conn. ave-
and 8 st.nw. and 1923 Md ave. ne.
The evening times., 1897-12-08

After hearing some friends Gontin uaIly
praising Chamberiain's G5lic, Cholera and
Diarrhoea Remedy. Curtis Fleck. Of Ana
helm. California, purchased bottle of ii for
his own use and is now as enthusiastic
OVER IFS wonderful work as any one can ! e.
The 25 and 80 cent sizes for sale by Henry
Evans, wholesale and retail druggist, 9aS
+ St, and Conn. ave. and 8. st. NV: and 1928
Nd. ave. ne.
The evening times., 1897-12-08
Men s Pants.

Men'ssplendidC Chew
lot Pants; good and
htrolig ..-............-
One lot extra value
neat and dressy, for :.
A lot 81 and So
Worsted, lin stripes
andchecks.
The evening times., 1897-12-08
The Busy Corner.
9Th L Market Space.
NN,S0NS&CO
DON'T
THE BUSY CORNER.

Wait until the last days or you will be
caught IN the terrible whiri of the busiest
days Of the year. You know what that
means at
The evening times., 1897-12-08

Tom sharkey, who has been giving some
instructions in the manly art to his brother
Jack, announces his intention of putting
him in the ring. Jack is lightweight.
and may get chance to show his form al
San Francisco.
The evening times., 1897-12-08

Mems good Suits;
good materials, per-
'ect-fitting; worth
800 ................
Mems fine Tweed
anu Cassi,iiere Suits;
worth $11.OO........
Mems mixed Ca ssh
mere ana CheviOt
Suits; worth $1l......
The evening times., 1897-12-08

L
ll-wOOl Covert Mixtures six differ
ent styles, 40 inches wide. Reduced
The evening times., 1897-12-08

Word comes from New Orleans that thu
Tulane A. c., of that city, wants Joe
Choynski to iIIeet Steve O'Donnen on De
cember 15. O'Donnell is willing, but
Choynski has not i,een heard from.
The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1897-03-17
Seized Il Private kcg.

CHARLESTON, March Estate Consta-
bic j. NJ. Scott and former constable, w.
J. IIarling, were arrested this afternoon
upon an order of Judge SimontOn, charg-
ing them with contempt Of court in seiz-
ing at the Charleston and Savannah de.
pot several weeks ago a j-gallon cask of
whiskey valued at ST. imported from Sa-
vannah for personal use. The liquor be-
longed to NJ. Herskowitz. The constables
refused delivery of liquor upon demand
of Herskewitz's counsel, and hence the
present action. Herskowitz also wants
damages of $4,000 and costs in the case.
This is similar to the celebrated Cantlm
case lost by the State.
The constables will be prosecuted un-
der the decree of the Circuit Court, at-
firmed by the Supreme Court, giving cit
izons of South Carolina the right to i'm.
port liquor for private use.
Hon. j. Z. K. Bryan and j. n. Ma
thans, Jr., represent lIerskowitZ. uar-
ding gave 8 bond of 81 900 after few
hours delay, but Scott was unable to do
so. Chief Bahr made a personal appeal
to Mr.. Bryan to give Scott until Monday
to file his bond. Mr.. Bryan consented,
adding that it was the principle of the
thing, and not men that he was after.
The order of court gives usually - days
to constables to return answer. er.-C1!n0.-
biz state.
The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1897-03-17
Higher Than Ever Before Known.

MEMPHIS, March 1.-THE Mississippi
river here is higher than since the estab-
lishment of the weather Office in 1872 and
probably since the sinking of the low
lands Of Missouri, Arkansas and Tennes-
see by the earthquakes. The rise to-day
was slightly above half foot. On all
the islands near here and in the lowlands
of Arkansas there is great suffering and
also great loss Of stock and property, but
no reports have been received of persons
being drowned. People are leaving the
lowlands on this side of the river without
ceremony and bringing all the stock and
property they can.
TODAY the Little Rock and Memphis
managed to get its morning train into the
city, but made no attempts 10 move later
trains. 1t will use the Iron Mountain
tracks for it's trains tomorrow. The Kan
sas City, Fort Scott and Memphis brought
trains IN the city until Saturday night
over its own line, but later washouts be-
tween here and Gilmore caused it to
abandon the line and use that of the Iron
Mountain to Nettleton, Ark. The Iron
Mountain tracks are still a few inches
above water, but a slight rise will stop
trains. Several small levees around the
towns and plantations have been broken
but 80 far ss heard, there have heen no
breaks in the main levee systems either
to the north or the south. They are being
closely watched and 20 shots were fired
to-day at the steamer Bluff City because
she went nearer to the embankment than
was allowed,