davidaulloa/AmericanStories huggingface dataset:
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-05-08

NrW YORK. Mas There vete several points
OFF We knees fa ttc puJk mAfAe, tntA4 ana tats'
srro snElsut 90 taIn tbe F1om traisfs g TIE ssaf
slts 1. the market The operations y thls plVes
si.ral .sutnt we're thc only cues sppSftnt gsis'ae
~ a ffo tcaEs ana thty reflected 20 contntiets g
even vcu s.stlt.hsd eylniols gesa'ens tat gene, ~
o,,tioos ire densua ior sks continued esi's I'M
sisnif srr thaf the meie-ais cGenns., III tAfst
mart Or the shs-t tcCQiut e roam Waltrs. hlA4'
su impression eatdr uuga pftc-s. bot w ae'.a'
failed 90 induce any liquidation. And prizes fesaAt
rAlleA when ths hears cana a. coref. TIE rtsf
shAus ver tut most conspicuous "a me tra4lhs Al4
we're weak ffcm lhs grsuiug The rerortei c.osiRs
x a MIN Il the Federal steel Company Indu-td TIE
early decline Whioh lsuguid and dussish me
announcement q the resignation from The esSrd Of
directors * the American Steel Wire Company
~ the Selsuan representatives and their statement
IL ifrecongnahle ohicctiouE n Chairman Gates and
his policy caused sharp further break 10 the steel
srogp IN which the Federal Steel was rather more
aracted than Steel s Wire Pressed Steel Car and
American Smeltiug were exceptions I'M the group,
She former rlsirs a pHiRt Long Island broke
shArrly after IS recent nctahe advance, "a Tie Alb
scrption by Pennsylvania and closed y points lower
The bonds q the company were also heavy. The
reaction was attributed - speculative proht taAns
and occurred 90 comparatively snail dealings In
the railroad list ST Paul. Pennsylvania. Union Pa
ciac and Burlington Quincy had rathtr vide
fsu ca what cgktA ke letting 50 q spe .ulstive
account There Ncge heavy ho,ks ofered o. al
these There slight show 81 strength in spots
at the opening in response 10 Lonteas encourage
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-05-08

GOLD MINES At sUMPTER.
ceverumcnt Assayer Wing Makes .
Visit of Inspection.

Frederick A. Wing, United States as
sver at Seattle, returned yesterday from
an ofiicial visit to the mining camp of
sampter, Or. where he went to gather
satisfies for the United States mint. the
states of Oregon and Washington being
Included In his. district. Mr.. Wing re-
ports that Sumpter IL a lively mining
town of approximately $500 inhabitants.
spending on r. dozen or more we'll
equipped quartz mines in the vicinity for
10 existence. BY these mines, Mr.. Wing
sys, II IL probable the gold output OF
Baker county win he increased from $500, =
% 100000 this year.
concerning the new camp. Mr.. Wing
a'd yesterday: "Sumpter Is reached
fem Baker City by means OF the Stump
E Valley railroad, known there as the
feRgamy Central, because 10 Is owned
Mormons, Tho camp is about 3 years
~ and Is located in a mountainous dis
ulct the hills being covered by a thick
s1owth or yellow pine. The country Is
pet so rough and forbidding as our
AsSade mountain districts.
There are upward of Il dozen paying
sasttz mines at Sumpter The formation
STATE with veins carrying free gold.
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-05-08
Tunnel in the Lone Jack Taps a
Two-Foot Pay Streak.
ore HUNS 1000 TO THE TON
x.v wagon Road Into the District
results I'm the Removal of Min
ing Headquarters From British
Columbia to Whatcom-Terra Alto
Tunnel TO BE Extended 200 Feet,
with Prospect of Reaching Vein.

cpaeal Dispatch TO the Post-Intelligencer.
VHATCOM, May News has reached
me city Of another rich strike on what
rers formerly the Post-Lambert proper
t,es IN the Mount Baker mining district.
The tunnel in the Lone Jack lead. at a
sfstance in Of about 300 feet, cut the ledge,
rsveallng two-foot pay streak running
i, 4 said. s2.0o0 20 the ton in free gold
The ledge will be cross-cut again at a
lover level.
Manager Conner, who is experimenting
The work for English & Son, the owners
vii remove his headquarters from British
columbia TO Whatcom, and hereafter the
suppIies used In the camp VIII be pur-
chased here. This Is one OF the first fruits
n tho trail and bodybuilding now under
way IN the district.
superintendent J. c. Treutle of the
Terra Alta group. which Joins the Eng
tsb q Son properties. will put two shifts
4 work Immediately in the tunnel. which
Il now being driven to eross-cut the lead
The tunnel was driven about sixty feet
iast year and will be extended 300 feet
further this year. within which distance II
Il believed the vein Will be tapped. Mr.
TreutIe expects 70 leave for the mines at
once 10 begin the summers work.
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-05-08
IN THE NORTHWEST CAMPS.
Record Of Ore Shipments and DeveI-
Opment Work.

The Canadian Pacific will grade its
fall. " '''' '"Ae ''i''
covered on the Sovereign in Camp Nc
Kinney.
Work will be commenced on the Maybe
property by the Double Eagle Mining
can be got up to the mine.
= +
a good wagon road is being built across
the reservation to the Sophia mountain
district, over which the ore of the Velvet
mine will be carried TO the Northport
smelter.
Considerable ore will be shipped from
the Swansea mine near Windermcre this
summer. 1t ia said that 1000 or 5000 sacks
were made, ready, during the winter and
hauled to the landing.
r r r
In the East Kootenai district the Sulli-
van mine employed about nifty men dur
ing the winter months, A large amount
are about 800 tons of high-gtade ore on
the dump that will be shipped this month.
IL IL expected that from now on the
sullivan will be a constant shipper.
= + 4
Since the middle of January the II. c.
mine. in Summit camp, has shipped nearly
1850 tons OF ore TO the Trail smelter
averaging $50 per ton. The new compress
sor. hoist and other machinery are being
rapidly placed IN position After its COM
pletion the mine will be ready to make
daily shipments OF 100 tons.
+ =
shipment of ore. the first from the
Jolly Boy mine In the New Era district,
Is due 10 be forwarded this week. This
will be the FIRST consignment Of ore 20 go
out of the camp. and the result will be
awaited with much interest The char
acter OF the Jolly Boy ore is the same
as the New Era.
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-05-08

ALMOST READY FOR ORE.
Plant of the Republic Reduction
Company II Nearly Completed

Special Dispatch to the Post-Intelligencer
REPUBLIC, May THE Republic Re
auction Company, whose mill has been
under construction for several months
mas received all its machinery to complete
a fo-ton daily capacity plant, and IL will
De ready for experimenting by May Is
Ore from the Republic consolidated mine
VIII be tested first and given thorough
treatment before any from smaller prop
critics is tested The management has
given orders not TO allow anyone outside
OF employees in the building until # is
ready for custom business j. f. Lans-
ing, the manager. has the utmost conf
dence that the cost by the process will be
AZ such figure as to allow a majority of
the smaller mines I'm the camp to ship
them their ores at good profit
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-05-08
- = -
sILvERMAN IS PLAINTIFF.
Has Filed Suit Against Chas. swee-
ney-Involves Mig Buffalo Group,

A suit has been filed I'm the district
court. says the Lewiston Tribune, in
which Sam J. Silverman. the mining pro-
moter, Is plaintiff. and Charles Sweeney
owner of the Big Buffalo group OF
mines. is defendant. The plaintiff Is seek
ing TO recover one-tenth interest I'm the
Big Buffalo group, which includes the
Big Buffalo. Merrimac and Orc Fino
claims recently purchased by Sweeney
The action, It appears, is brought by
Silverman on the alleged contract made
AZ the time the first bond was placed on
the group. the bond having been nego-
tiated by Silverman. Attorneys Reid and
North are representing the plaintiff in
the case.
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-05-08
DIRIGo NOT INJURED.
FIoated on Baynes Beach at High
Tide--Arrive. Here.

The steamer Dirigo. Capt. George Rob
erts, which ran asround on the mud hats
of haynes sound SIX miles above Union.
n C. Sunday. arrived last night appar-
emily uniniured by the mishap She 9oat-
ed cT at high tide. Three or four hours
after her arrival here. having discharged
her passengers and cargo, she procee ded
10 Quartermaster harbor. where she will
30 locked and a survey made. While in
scraped.
No lata Rlendika 1asSEnzers eone OF TIE
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-05-08
NIeinlH.

There Considerable rrsgulanty and weakness
dovcleped in the market Tor metals to-day. Cable
were q An unsatisfactory purport. Lead. after a.
prolonged dizziness a several months. dropped g 3
points to-day. owing 90 The continued lack u de-
mAud. ri0slug wrak al 81 i0i4 @ TN. Ia svmpathg
with foreign markets. vas weak and somewhat lower
closing weak al So 51ND 90 Tia irrn warrant
werc weak and quoted noniraNy AZ SIS 80 Neither
~ ! foundry u1nipaIy uDi hanged AZ 81 co.
= "a LAKE copper cuntiuuss iail aud unchanged A.
s7co Speltcr ruled qliet closing a. s. 7-tS4 6sI
The broker price fer lead s. % and f0r copper
gf- a.
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-05-08
VITAL FORCE

And buoyancy that is wonderful. The ap-
petite becomes almost FaVeBous, a rapid
gain In flesh and strength, and II ia then
that the drug habit becomes positively
disgusting,
The thousands Of persons who have
this Coast. and always with this same ef-
fect. enables Us 10 treat all cases ~ the
drug habit without any payment whatso-
ever until a perfect cure is effected and all
desire for the drug completely removed
Those afflicted with the dreadful habit of
drug addiction should consult the doctors
Of the Habi,ine Sonitanum, either person
ally or by letter. without delay
Hours 10 a. m. 20 .. M. Sundays 70 {
p IN.
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-05-08
SALE OF MARINE wREcKAGE.
Eject. Of Inflated Collier Miami
Bring About $1,000.

The effects ~ the Pacific Coast Com
nany's collier Miami which was wreg ked
in oyster BAY Vancouver island. two
months ago. were sold yesterday az public
auction on tho Ocean dock. Anvil. blocks.
ne huoys. boats. chain condeusers. tubes
and rope made up the Interesting coi.ec-
lion 81 unique hric-a-hrac.
THE sale netted about 1900 cash from
trnarnrn or more ot purchasers.
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-05-08
Funeral of Andrew Freeborn.

The funeral of Andrew Cunningham
Freedom the weil-known druggist. was
held yesterday afternoon from Trinity
Parish church Rev. II. II. Gowen offfcf-
at!ng Interment was made in Lake
View cemetery. Mr.. Freedom had a large
circle OF friends In Seattle. The services
were largely attended
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-05-08
Charged with stealing plants.

Gus Edmonds. a young man who has
heretofore borne a good reputation, was
taken 10 police headquarters yesterday
afternoon by Detective Barbee as the
outcome of the thelft of a quantity of
plants from Charles Ducone Williams. The
plants were found in Edmonds' possession.
He said they were given TO him
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-05-08

number Of the mine-owners have equip
ped their properties with stamp mills
curing the past year. BY the end of the
present year 1t Is estimated that the ma
lorig OF the mines Immediately tributary
70 Sumpter viii be paying dividends and
shipping their products to Seattle or San
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-05-08
Two Building Permits.

David Dow a. Co. yesterday took out a
building permit for the erection OF a two
story frame structure In South Seattle.
1t will be occupied by stores and public
win build a two-story frame dwelling at
81 seneca street. TO cost f2.7o.
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-05-08
STEAMSHIP VICTORIA FOR NOME
China Liner to Make One Voyage TO
the Gold Fields.

Steamship Victoria, Of the North Pa
ciic Steamship Company running 70 china
will make one voyage TO Cape Nome, SAIL
ing May 81. she is the third vessel Messrs
Dodwell & Co. have scheduled for the
Cape Nome traffic
The Victoria will have accommodations
for about 500 passengers and 1000 tons OF
general freight. She goes On but one voy
age TO the gold fields being scheduled TO
resume her China run again July 2.
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-05-08

Dirigo. and her Lynn Canal news was
stale. she having sailed later than the
Humboldt which arrived Sunday. Her
first-class passengers were:
L. c. pflman w. n CushmAr.
Miss J T. Crnwne Gen j. Brown
II. Bell. Miss Egrrtson.
]. T. Linehurst Miss Raymond.
Mrs. Moynair Mrs + l. Browne.
II. r. Rnsseil NJ. b. BoswoTth.
VI. J. King. - ssssz Jsxs'(
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-05-08
FINANCIAL AND
STOCK REPORTS.
SAN FRANCISCO.


SAN FRANCISCO. Mag E~sterling GA London.
uvtv days asst stcflirg on Londcu sight SseA
financial
silver bars. CO, Ms1iyaa dollars. sS4eiae. drafts.
asht. lsse Telegraph, isc
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-05-08

ment over South African news. but the rise
nomentary. The rally after the break in the
steel stocks Vas held. General Electric
advanced nearly points in the morning, but saved
only ! point on the day. The money market con-
tinued very easy aud further gold exports 10 Paris
are expected. IL is not believed any gold viii 20
70 London in the present conditions. and at the
present level Of exchange. which declined today
both for sterling and for Paris checks. Estimates
o. the amounts 70 go Thursday to Paris run 70
S,e1HD, but no announcements were made today
o. engagements. The bear traders, during the day
protested uneasiness over the gold movement, as
well as over labor difficulties various points the
tendency OF the presidential campaign and the re-
dictionary Of business which they argue must
have It's effect on railroad earnings Railroad bonds
showed yielding tendency, in sympathy with stocks
Total sales, par value. Sl,735 900.
United States new 2s advanced J. and the refund
ing p, when issued + and old IS declined in the
lid nricn
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-05-08
l'l-'ii 80
PER sONALS.

John Noyes Of Butte. Mont, is at the Rainier
Grand.
r. v. Davis esnnery Of Decatur. Wash,
Is at the Seattle.
I. NJ Evans. hotel man OF snohomish. Is stop
ping at the Seattle.
A. II. Tucker. customs inspector at Port Town
send is at the Diller
Thomas johnson, a mining Of C1e-Elum. is
stopping at the Difer.
Isaac Csthesrt. ir. lumbermsn Of Cathcart, Is
registered at the Isller
j. D Day, lumberman Of Big Lake. Wash. Is
registered at the Seattle
James MeCroesen. a lumbermsn Of wausau. wis.
ia registered at the Seattle.
H. silver physician Of Champaign H., Ia at
the Diller. route 20 Nome
J. W. shannon and W. J. Mailoy. mining men
Of Dallas. Texas. at the Northern hotel
T. j. Fieeenhsum and Dr. II. n Look. Of Lin
coin, Neb.. at the Diler their way to Nome.
W. W stoddsrd. A. Y, Smith, l. l.. Pratt, p. G.
Kettle. r l.. Davidson and J. Greanisle mining
men q salt Lake city. who going to Nome are
stopping al the Stevens.
EMERALD rings. Mays birthstone
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-05-08
OPIUM
Morphine, Laudsnum, Yen She. Cocaine
and other drug habits cured by remark
able remedy recently introduced in this
city called
HABITlNE

Habltine Is an invigorator. a powerful
vitalizer tissue builder. But Il goes
further than this. IL exercises n specific
action upon the drug habit so that persons
u.ing Hahitine soon lose all desire for
opiates and can stop their use without
suffering any pain, nervousness. sleepless-
npss etc. short course Of Hahitina
creates new feeling of vigor, vital en-
erHV.
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-05-08
IORRENCE TAKES THE STAND.
Says ]. A. Hoshor and L. F.
Thompson Robbed Him.
CASE is VERY SENSATIONAL.

Prosecuting Attorney Refuses to
Have Testimony Taken Before
Justice Austin-Mr. Hart and Mr..
HUMPHREYS Exchange CompIi-
ments and Witness Terrence Uses
Some Very Expressive Language.
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-05-08
Money and Exchange.

Money on call, 2a29 per cent last loans. q per
cent prime mercantile paper, 35a4k per cent
sterling exchange, easier, with actual business in
bankers bills At 81 asad4 5st for demand. and at
81 ssa4 sii for sixty days; posted rates 81 st and
as8sise1 commercial bills s3.ai 81; silver GER
tiicates 0dsotc; bar silver 5sse: Mexican dollars
SIC; government bonds irregular; state bonds. IN
active. railroad bonds. irregular
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-05-08

NEw YORK Mas The Commercial Advsr-
tissr's Londpn huAnciai eAhiegrauu SAYS.
There rather more sctiFlty in the mar kots
here To-Day uSlnlY Ia Afgioaus The markets orfstl
better a8i Lord Roberts victnries hat closed rre.r
tar hlrda declining FOE fear ~ dear money r
was said hut probably tn connection With forced
liquidation Tho var lean agQird Al SIS pfe-
ullnn closed az i-l6
Americans uczleetta. tut tTu. crsg parity.
until N,s Yosk sold slightly
Lculau saId Nuics bat Paris chesrfully Errroftci
them aud ther closed ~, Auscoudas we're sisad7
TIE bank bought 1 l. 500 sold in German coin
Irhrs were Be less delasHA and bills weFv class
The ho3rl x trade rtturfa show expoyts uu s.
avs IMPORTS Increased @ although there was laB-
NlfraNiY less American uhfnf
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-05-08
Closing Quotations.

LONDON MAY --CauadiAn Tscia,, rs. Atrr
sar. 2 Upen Pacific ursferTcd 81 N7fthe-a b.
"a Anasuu3a, So Bar silver. rad Mgpey. Ss55
rrr crrt
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-05-08
Condition OF the Treasury.

WASHINGTON. May -Today's statement = thr
cos lasu q the TREASURY balance. exclusive e ths
s.. ~ 90 sald reserve. shows Available 9ask bal
an.t. nGe<s 81, s0d. 81 s.. "a
The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-05-08

EMERALD rings. Mays birthstone.
William II. Finck, jeweler, sic Second
avenue.
Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1900-03-22
THE SWISS COUNCIL

Finds 1t Impossible to Mediate Be-
tween the BeIIigerents.
BERNIE, Switzerland, March 21.-The
Federal Council has answered the
Boer appeal for mediation as follows:
"The SWISS Federal Council would
have BEEN pleased to cooperate in
friendly mediation in order to end fur
Their .~bloodshed, but as the presidents
f South African Republics have
directly approached the British gov
eminent in order to conclude peace on
a basis indicated, and the British
government has shown itself against
the proposal; and as, furthermore, the
British government has declared to
the cabinet at Washington that it did
not propose to accept the Intervention
of any power, the Swiss Federal Coun-
Gil, to it's regret, must also renounce
the idea of taking any steps on the
lines of the request made by the pres
idents of the South African Republics.
There remains for the Federal Council,
in the circumstances, nothing but to
express its sincere wish that the bel
ligerents will have succeeded, at no
too distant date, in finding a basis for
an understanding honorable to both
parties"
Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1900-03-22

CHICAGO, March 21.-The sub-com-
mittee of the Congressional industrial
commission spent several hours to-
day in listening to testimony Of James
l.. Board, of the firm of G.. A. Crosby &
Co., metal working machinery manu-
facturers. Mr.. Board was emphatic
in his opinion that the manufactur-
ing interests of Chicago were being
greatly retarded by tabor unionism.
Mr.. Board said that he had asked for
police protection for his plant and
workmen, but had been refused. Mr..
Board said that in his opinion the pc
lice courts generally were inundated
by the strike spirit that prevails
among the labor unions.
In answer to a question by Colonel
Clarke, of the commission, as to the
probable result if the labor troubles
continue, Mr.. Board said that manu-
f~acturers would surely be driven from
Chicago to smaller towns. He also
said in answer to a question that he
considered that trades unionism placed
a premium on ineflciency and that
labor leaders, from his experience with
them, were looking solely for their
own ACKNOWLEDGMENT.
Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1900-03-22
A NOBLE ACT.

A Young CoIored Man Saves Six
Lives ct a Fire.
NEW YORK, March 21.-Six lives
were saved by the gallant work of a
young colored man during a fire at a
fiat house in West One Hundred and
Thirty-fourth street to-day. The mans
name is M. S. Anderson. He detected
the fire while on his way to work.
The flames had gained considerable
Roadway, and in a window of the sec
ond floor stood a man named Nelson
with his six little children lowering
about him, their escape having been
cut off by the flames. With two
passers-by Anderson ran into the
building next door and up to the third
floor. With his two companions hold
ing his legs Anderson swung head
downward and, swaying his body back
ward and forward, managed to reach
the children as they were held up to
him by the father. All were taken out
safely in this manner The firemen
brought the other occupants of the
building down the ladders.
Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1900-03-22
CHAIRMAN BR0SIUS
OF the House Committee on Banking
and Currency, Defends New Bill.
He Says There Will BE Some Infia-
ton Under Its Operation, But That
1t Will BE a Good Thing.

WASHINGTON, D. c., March I'll
In view of recently expressed appre-
tensions as to the effect of certain
features of the new financial law, the
following statement was made to-day
by Chairman Brosius, of the House
Committee on Banking and Currency,
and n of the House conferees on the
financial bill:
"The apprehension expressed in
many quarters that under the banking
features of the financial bill recently
passed there will be ONE imitation do
not doubt has some ground. 1t would
be unfortunate. if there was not. for
we need mor currency. I have no
doubt that there will be a gradual in
crease in our circulation to meet the
requirements of trade. 1t must be con-
sidered in connection with this subject
that there are three natural checks
upon excessive issues of bank currency
under the new law.
These checks will operate automat-
ically to restrain excessive issues of
bank currency under TIE new law. 1t
may be assumed that the ten per cent
authorized to be issued on bonds al
ready deposited will be put out. That
will not exceed in amount $24, 900, 900
in round numbers, which is scarcely
more than one percent of the total vol
ume of our circulation and can do no
harm. 1t is impossible to make an
accurate forecast of the amount of cur
rency that will be put out by the new
banks that will be organized. There
is no good reason to believe that it
will exceed the existing need in the
South and West, where great incon-
venience has been suffered for lack of
additional bank currency"