davidaulloa/AmericanStories huggingface dataset:
The Providence news. (Providence [R.I.]) 1891-1906, 1897-06-23
BANKING.

A history Of banking would be "A history OF
thrift.
There can be no banking without accumu-
lated capital that Is, without a surplus of
money over and above the immediate needs OF
those who deposit in the banks.
The earliest deposits of surplus wealth were
made in the temples. chiefly or wholly on the
ground of security.
The temple. in ancient times, was he only
place respected by the spoiler. on account of
its sacred character, and there the people de-
posted their surplus gold and silver aud prec-
ious stones: and there, we learn from the
Now Testament, the money changers were
gathered, as the most convenient place for ex-
changing money for the multitudes who
flocled to the holy edifce.
From the language attributed TO Christ
when He scourged the money changers ont of
the temple, 1t is TO be presumed that the lat
ter did not always deal fairly with those from
the rcmoter parts OF Judaea and Galiee.
However this may he, the deposit of prec.
ious metals for safe keeping and tho loaning
OF money Mt interest appear 10 be as old rs the
oldest civilization. and to be inseparable from
civilization.
The abstract questions connected with
banking and money lending need not be dis
cussed here. These lessons are intended to
describe things as they are for the benefit o
readers of today, and it may simply be re-
marked that the business man who fails to
avail himself Of banking facilities ought TO re-
tire to the woods, live hermit dress in
skins and use pine knot for midnight oil.
The Providence news. (Providence [R.I.]) 1891-1906, 1897-06-23
WARRING STUDENTS.
Bloody Battle at the University of
Chicago Yesterday.
Attempt to Capture Senior Class Flag
Results in a General Fight

Chicago. June 23.-A bloody melee on the
battlements OF the Ryerson physical labora-
tory, in which heads were thumped and backs
belabored. put an abrupt end to the senior
class day exercises ut the University Of Chi
cago. It.was Senior day. and when the flag
of that class was flung 10 the breeze it was a
signal for several hard battles The flag was
saved from capture, but the face OF Presi-
dent James Scott Brown Of the senior class
was badly battered in the conflict and Harry
Coy was thrown down the stairs OF the Ryer-
son and picked up at the bottom with dislo-
Gated shoulder.
The Providence news. (Providence [R.I.]) 1891-1906, 1897-06-23
WOOL DEBATE.
FirStDisagreement Among
Republicans.
Senator Foraker of Ohio the
Cause of Conflict.
West Ironically Objects TO Delaying
Era Of Prosperity.

Washington, June 23.-An exciting de-
bate marked the consideration OF the
wool schedule, which began in the senate
yesterday. 1t developed the first open
disagreement on the Republican side OF
the chamber and led 10 a warm personal
exchange between Senators Carter or
Montana and Foraker of Ohio, on one
hand, and Mr.. Allison of Iowa, in charge
OF the bill, on the other.
Mr.. Foraker asserted that an agree
ment concerning rates on certain woods
was being violated and that, under such
circumstances, every senator would be
free to act for himself.
Mr.. Allison, with great vehemerce.
declared that he could not be driven by
threats.
Mr.. Carter. who had aroused the storm.
endeavored TO have the paragraphs re-
lating TO carpet woods go over with a
view to securing some united action, but
Mr.. Vest. In an ironical speech. objected
to delaying the era OF prosperity and
postponing the public business while
Republican senator's held a caucus.
Mr.. Teller of Colorado also spoke
against delay, and took occasion 10 say
he would not vote for the bill unless OBJ
Jectionable features were eliminated.
Aside from this stormy interruption
fair progress was made on the wool
schedule. The duty on first class wool
was agreed 10 at 10 cents per pound, and
on second-class wool. IL cents, which Is
between the house and senate rates in
each case. The rates on third-class
woods went over. Most OF the other
amendments related to the classification
OF wools. On one Of the amendments.
Mr.. Jones of Arkansas spoke against
the entire schedule as severely oppres-
sive on the consumers OF wooden goods.
The Providence news. (Providence [R.I.]) 1891-1906, 1897-06-23
NATIONAL AND STATE BANKS.

Every state has varying laws regulating the
transactions of banks Incorporated under
state authority, and institutions Incorporated
under the national banking system are rigidly
regulated and supervised by national au-
thcrity
In the state Of New York savings banks are
closely limited as to the securities in which
they may invest.
This change was made in consequence of
numerous failures of savings banks about
twenty years ago, when IL was discovere
that the money Of depostors had been put
into all sorts of wildcat schemes.
The changes then ard subsequently made in
the laws regulating savings banks have made
the savings bank system of New York the
very best i'm the world, or at least equal in Sc
curity and cool management to any in the
world.
The Providence news. (Providence [R.I.]) 1891-1906, 1897-06-23
BANKS OF DEPOSIT.

Banks of deposit are, for obvious reasons,
allowed more latitude than savings banks in
the investment OF money, but these are also
regulated by sound laws with view to the
security of depositors and stockholders
Trust companies are banking institutions,
with special powers to act as trustees guardi-
ans, etc. of estates. They are organized under
statel authority, advance money on mortgages
and other securities.
The banking system of the United States
may not be perfect, but it seems like perfec-
tion compared with the methods of antebel-
lum days.
Its stability has been shown in every period
OF financial depression for many years past
II is the beating heart of commerce and
trade. and trade and commerce could no
more flourish without banks than man
could live without o heart.
II Is the duty of every business man 10 nm.
derstand at least the rudiments of the science
of banking.
Ito be continued next Wednesday,
The Providence news. (Providence [R.I.]) 1891-1906, 1897-06-23
M'KINLEY'g CUBAN POLICY.

London, June 23.-The Washington
correspondent OF The Daily Graphic re-
ports an interview with President Nc
Einley. In the course Of which the presi-
dent said he saw no great difference
pending with Great Britain as to the
seal question. 1t is unsettled" said
the president. but I am i'm hopes that
the British government will be I'm better
humor after the JUBILEE" With refer
ence TO Cube the correspondent Of The
Graphic represents President McKin-
ley as saying: IT anticipate no depart
ure from the policy OF my predecessor.
We have no reason TO interfere In n
quarrel between Spain and her colonies.
Our interests are not sufficiently jeop-
ardized TO warrant other than diplomatic
interference. Moreover. Spain has
given respectful attention TO every
grievance v'e have submitted thus far.
I admit that circumstances may arise to
change the present policy OF the gov
ernment but large bodies move slowly"
The Providence news. (Providence [R.I.]) 1891-1906, 1897-06-23
GREEN MOUNTAIN BOYS.

Bennington. VT, June 2S.--At the an
nual election Of tho Vermont q. A. r..
held yesterday. Colonel +. ". Jewett OF
Swanton was elected department. COM
mander. G. r. s. Pierce OF Vergennes.
senior vice commander. and'M. j. Sar-
gent &C SCutN Eoyalton. junior vice
commc~tc" TIKI ether officers chosen
were: MeGic-A director, DR. J. D. Han
rahan OF Rutland: chaplain -. Il. Owens
o, Ludlow. Among the STAFF appoint
mcnts are these 81 Rev. T.. j. Ranslon,
assistant adiutrrt General: T.. ID. Barnes
or Swarton. C-gicion. quartermaster
general and Ioel G. Baker OF Rutland.
judge advocate reneral The relief
corps elected Mrs. Florence II. Gates Of
Morri vile president: Mrs Alice VIII
ioufhny q 7s'und Pond. senior vice
prosldcnt and Mrs. Gould OF Ludlow.
Junior vice president.
The Providence news. (Providence [R.I.]) 1891-1906, 1897-06-23
NOT GIVEN MUCH WEIGHT.
Japan's Protest Against Hawaiian An
nexation Discussed by the Cabinet.

Japan's Protest Against Hawaiian An
nexation Discussed by the Cabinet.
Washington, June 23.-The cabinet
talked for fully two hours yesterday.
most OF the time ON questions OF foreign
policy. but without deciding upon any
particular changes In the lines of action
already laid down. Hawaii and annexa-
tion were discussed at length. and es-
peclally the protest filed the other day
by the Japanese minister against the
pending annexation treaty The protest
Is not given very much weight by the
administration. for the reason that the
estimation Of the cabinet is based upon
a misconception of the terms OF the
treaty and OF the results that would fol-
low the substitution Of the laws OF the
United States for the Hawaiian laws
and treaties.
For instance II was shown that so far
as the protest is based upon fear that
the status OF the Japanese now living
In Hawaii will be iniuriousy affected II
is not sound, fer their position after an
nexation would be precisely similar TO
that of Japanese now living in the
United States who are eligible to citizen
ship, and are not known TO have any
complaint against their treatment by
the United States.
other matters Of protest In the opinion
OF the cabinet were equally without
foundation. one thing that appeared
positively was that the administration
does not now entertain any expectation
of getting action upon the treaty at this
session OF congress, but has determined
to arrange for its early consideration
next December.
AS for TIE Cuban talk. II appeared that
Mr. Calhouns report. though completed
by him yesterday. was not laid before
the cabinet, so the discussion did not
cover any new ground
The Providence news. (Providence [R.I.]) 1891-1906, 1897-06-23
SERIES NO. !.
BUSINESS METHODS.
EDITED BY
HON. EDWARD WEMPLE,
Ex Comptroller of State of New York.
(CoprReHTEp. 1897. BY JASON RooERs.)
LESSON NO. IL.


Carefully read over and consider every para
graph and point presented in each lesson.
Talk over and discuss with friends and ac-
quaintances the various subjects presented.
II possible the person who desires to secure
n practical business education should get
some friend to study the lessons with him.
III the lessons are made the subject of dis
cussion around the family table after the
lights are lit every member Of the household
will be benefited
An interchange OF ideas and discussions are
always highly advantageous.
Apply the principles as developed and ex-
planned 10 your own life and minor transac-
tions.
Each point, briefly outlined in early lessons,
will be carefully analysed in subsequent les
sons.
The Providence news. (Providence [R.I.]) 1891-1906, 1897-06-23
WORK OF EARTHQUAKE.
Communication Interrupted On
Isthmus Of Tehusntepec.
No Smoke Can Now BE Observed Com
ing From the New Volcano.

Mexico. June 23.-The Mexican Herald re.
ceivcd n special stating that rains and con
tnued earthquake shocks have seriously in.
terrupted communication with tho Istnmus OF
Tchuantepec. The town of Tehuantopec Is
practically destroyed, although other advices
stare that some substantial buildings remain
intact. Hoavy smoke and fire to the south OF
Tehuaniepec. which investigators have said
proceeded from now volcano, IL no longer
discornihlo.
The Chan Santa Cruz tribe of Yucatan,
witch recently made ueace, has been con
vulsed by mutiny in which the two chiefs
accuse of selling trihc TO Mexican officers
wore killed.
The Providence news. (Providence [R.I.]) 1891-1906, 1897-06-23
Opening OF a New Hotel.

The opening Of the new hotel at East Green.
wich was celebrated last evening by n ban.
quot and lG guests enjoyed the good things
and good time arranged by the residents ~
East Greenwich complimentary TO Manager
keeler OF the new Updke House Aftar the
feast Samuel NJ Knowles. president Of the
Town Council, acting as toastmasior. intro
duced Colonel Charles !. Arms. Rev. r. ID.
Blakeslee. ID. D., principal OF the East Green.
wich ACADEMY; Colonel Wat'r X. stiness.
Dr. Charles ~. Earle, Msnaccr Colonel G. orre
a. Kccler and Albert Il @ ccnc, Esq TIE
speeches were all witty and ireathci the
spirit ~ Welcome 10 metropolitan idens in tho
town. Colonel Kocler made n bit by his
felicitous remarks about how tho Updikc
would flourish. A. ID. sawin. president 81
the Apponaug Bleaching. Dyeing a Printing
Company, recited selections from Hamlet. ."
like pr fessionai thespian The locil ban io
mandolin and guitar club provided Jolly
music.
The Providence news. (Providence [R.I.]) 1891-1906, 1897-06-23

The banker is the cash keeper OF the de-
positor, and in the case Of persons not them
selves in business II is the custom of the bank
TO make all their money payments beyond
small daily expenditures, and to receive
money payable TO them. The business man
deposits his cash daily in the bank, and has a
passbook in which his account with the bank
is kept for his information, and which is com
pared at stated times with the banks own
hooks
The Providence news. (Providence [R.I.]) 1891-1906, 1897-06-23

BOYSl BOYS!l BOYsll!-You can make
money and get Bcvcle for no hing. The
News wants 200 boys in Providence and vcin.
ity who want TO earn 81 or 50 a week by work.
ing few hours every afternoon. Tho work
will be easy and right in your home neighbor-
hood. Boys who reside with their parents or
guardians preferred. Call Mt once and receive
full explanation. Circulation Department
Providence News Weybosset street,
The Providence news. (Providence [R.I.]) 1891-1906, 1897-06-23
MURDER CHARGED.
Mrs. Cite Allegei to Have Killed
Former Husband.
After the Murder It Is Alleged That
She Set the House on Fire.

Leroy, Mimi, June 80. Mrs. Dave Cite,
formerly Mrs. Pickett. has been arrested
charged with numbering her husband about
three years sgo, Pickett died in burning
house and carried considerable insurance. It
IA now claimed that Mrs. Pickett started the
fire at the houss, after numbering her hus.
band. She has recently married Cite. She
was n niece OF K. 4. Mckee of Leroy and
went voluntarily with the South Dakota
sheriff TO Moody county. s. d.
The Providence news. (Providence [R.I.]) 1891-1906, 1897-06-23
TIE WOOL MARKET.

Boston. June 23.-There has been an
Increase IA the demand for raw material
y the wool mari.ct Serc this week. The
tone OF the market is better and buyers
are fairly disposed 60 operate. There
has been some f1ir sized lots OF terri
tory wools sold ~ market prices. Fleece
woods conti-Ce duil. with prices nominal.
The sales ~ Australian woods continue
20 be good. glih hardening OF prices In
some grades.
The Providence news. (Providence [R.I.]) 1891-1906, 1897-06-23

PRACTICAL LESSONS ON PRACTICAL SUBJECTS
Conscientious Study Of These Lessons Will Fit Any Person
Of Ordinary Intelligence for Good Business Position.

sof
il OF
business Is
o
themt
qhsN News
The Providence news. (Providence [R.I.]) 1891-1906, 1897-06-23
LAWYER Commits Suicide.

Springfield. Mass .luno n --Ioseph ". RI s.
welt known lawyer. committed suicide ~
hanging this morning.
The Providence news. (Providence [R.I.]) 1891-1906, 1897-06-23

Tho News Self Educator Feature is
valuable helper 20 all Young and old
are reaping the benefits thorefrom.
The Providence news. (Providence [R.I.]) 1891-1906, 1897-06-23

The will
The Providence news. (Providence [R.I.]) 1891-1906, 1897-06-23

Ito be continued next Wednesday,
The herald., 1897-03-17
DIED FROM ALCOHOLISM
A German Gardener Found Dead In His
Lonesome Shanty
Suicide at First Suspected-Last Seen Alive on
Sunday Evening-A Verdict Of Death
From Natural Causes

In a shed in the rear of the premises
of Thomas Carrick, at 139 North Griffin
avenue, East Los Angeles, yesterday
morning the body of Henry Michael, a
German gardener 81 years of age, was
found by Harry Carrick. The body was
living in bed and was drawn and con-
torted as though Michael had died in
great agony, and from the fact that Il
glass containing a residue Of white pow
der was standing on a table near the
bed 1t was suspected that it was case
of suicide. The coroner was notified and
had the body removed to the undertak-
ing rooms, of John r. Paul, on Downey
avenue, where an inquest was held last
evening.
1t developed that Michael had beer
living here about three years and was
allowed by Mr.. Carrick to occupy the
shed where he was found. Deceased
made a precarious living by doing odd
jobs and caring for lawns, etc. Michael
was on Saturday last working for Joseph
Stoltenberg, but complained Of feeling
unwell and left, intending to return Oil
Monday, which he failed to do. He was
last seen alive on Sunday evening about
6 o'clock, when he appeared to be con-
siderably under the influence OF liquor.
Michael was always a heavy drinker
and it was this habit which finally
caused his death.
The white powder which was found in
the bottom of the glass was ascertained
tc be strychnine but an autopsy per-
formed by DR.. Corbin failed to reveal the
presence of the poison in the stomach or
any of the organs of the body. The heart
was found badly diseased from alcoholic
poisoning and the jury decided that
death had resulted from that cause. Will
liam Shuttle. a witness, gave informa-
tion of the antecedents of deceased, say
ing that Michael had atone time served
In the German army. He has brother
living in st. Paul who is engaged in the
saloon business. August, May and Har-
ry Carrick identified the body. They had
known Michael for long time. He was
living in the old shed where he died
when Mr. Carrick bought the place and
was allowed to remain. He cared for
his own room and was no trouble, being
seen but little about the place The
brother in Minnesota has been notified
of the death and the body will be hel
pending an answer to the telegram sent
him.
The herald., 1897-03-17
THE NEW SANTA MONICA ROAD
Tho FaIk Rail Welding Machine to Be 0per
nted To1av

The work on the new Santa Monica
road. which is being built by the Pasa-
dena and Pacific Railroad company, is
progressing rapidly, and about $500 feet
of track has already been laid. A force
of sixty men began work at Tenth and
Hill streets a week ago last Monday,
and thence worked south on Hill street.
This afternoon the Falk machine will
be brought into use. This machine is
used for the purpose of welding togetn-
er the rails at the joints, thus making a
continuous rail. This has never been
used in California before. and Mr.. Pot
ter, who Is in charge of the interesting
machine. promises an entertaining
sight. The machine Yields about third
Of mile of track per day, and 1t is es-
timated that the entire $500 feet of track
now laid will be made continuous rail
by Thursday noon.
AS soon as the tracks are laid to Six
teenth street, much larger force of
men will be put to work. and the con-
struction of the road along Sixteenth
street to the city limits and thence to
the station of Sherman on the main
road will be pushed rapidly. 1t is as
sured that the road will be in readiness
for the summer traffic. and saving Of
from one-half to three-quarters Of an
hours time will be the result.
The herald., 1897-03-17
THE OIL MEMS GREED
vaulting Ambition Has Apparently 0verlen
Itself

vaulting Ambition Has Apparently 0verIenpt
Itself
The Santa Fe company is purchasing
large quantities of crude oil at Summer
land, Santa Barbara county, to supply
its oil-burning engines. This is said to be
a result Of the recent pool formed to con
troll the price of oil in this city,
Previous to the formation of the pool
crude oil was purchased here at $1.25
per barrel, but the price suddenly Jump
ed to $1.60 per barrel The Santa Fe,
which Is the largest consumer of oil in
the city, at once refused to pay that
figure, claiming that coal was a cheaper
fuel at such rate.
1t began changing it's oil-burning en-
gines to consume coal, and several of
these have been remodeled. 1t has
since been learned, however, that oil can
be had at Summerland in the neighbor-
hood of 81 per barrel, and the Santa Fe
Is now drawing it's supply from that
place.
While discussing the matter yesterday
a prominent citizen said: This is a
state of affairs which the citizens us
well as the oil men in the city can Ill
afford to allow to continue. 1t is too bad
that all this money which should be
spent here in Los Angeles. row goes into
another county. If the price of oil has
been raised to such an extent as to make
1t no longer an economical fuel, certain
ly some step should be taken to remedy
the matter"
In the meantime 1t will be interesting
to watch what effect the action of the
Santa Fe company will have upon the
oil market
The herald., 1897-03-17
some NEW MAGNETIC Dice
That Will Come Up the Way
You Want Them
SEVEN TIMES IN TEN
An Ingenious Device for the Insidious
Game OF Craps
A Certain Ben Winton Whose lnveatlvs
Genius Should Command a Big Patron
age In Darktown

Shooting craps is a very fascinating g
and exciting game. and the offer Of a
scheme whereby one is guaranteed a
sure winner against all comers must be
very alluring indeed to certain erter-
prising individuals who are ever ready
to turn a trick
To be able to win seven times out of
ten even is not bad business for man
that rattles the ivories for living.
Therefore, 1t is rot to be wondered at
that when a scheme is offered whereby
ore is a guaranteed winner seven out of
every ten times the promoter of the
enterprise should find a liberal patron
age among cheap gamblers ard sure
thing men.
Postal Inspector Flint is in receipt of
a circular advertising such scheme.
1t was sent through the mails by party
giving the name of Ben Winton, with his
address at the Nadeau hotel.
After going over the circular clo2ely.
Mr.. Flint came to the conclusion that
the case could not be reached under the
postal laws, and presented the matter
to Chief Glass, who also claimed that
he was powerless to act in this particu-
lar instance.
The scheme is very simple one. The
writer of the circular tells about a new
magnetic dice, which has just been in
vented, directions for using which are
given, and offers to place the articles in
the hands of cigar dealers and others.
This dice, he says, will come the way
you want 1t seven out of every ten
times. Then he goes on to tell how much
money could be saved annually by per-
sons who use dice If they will avail
themselves of this simple contrivance.
The dice have ben loaded with piece
of steel. Then, bottle of liquid mate
rial, which Is prepared by the same in
dividual. is kept on hand, and If spot
on the counter or place where the dice
are thrown is kept damp with this stuff,
which has been charged with electricity,
the man who is onto his job can run the
game to suit himself.
The writer goes on to explain that the
only way to win at a gambling game is
to have proper tools to work with, and
ther you have the best of every game
that you get into.
Inquiry at the Nadeau failed to reveal
that anyone known by the rame given
was stopping there, and the identity of
the mysterious Ben Winton is unknown.
In all probability the hotel named is
simply the victim of one of those gen.
tleman of leisure known as lobby
loungers' and some less euphonious
titles, who make themselves thoroughly
at home in the corridors of the hotels,
appropriate the writing paper and other
fomforts and conveniences of the hotel.