davidaulloa/AmericanStories huggingface dataset:
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-06-29


When it was first announced that the
Seventh National Bank Of New York
was in trouble there was feeling of
apprehension in financial circles in that
city IT was thought that the suspen-
sion of the bank might bring about finan-
cial trouble of very serious character.
When it was stated, therefore, that sew
eral rich men, friends of the bank, had
gone to its support, there was very
general feeling of relief. 1t turned out
however, that this statement was prerna-
ture. No doubt there were strong friends
of the bank who were ready to assist 1t
to any extent within reason, but it IS
probable that they were not willing to
undertake to comply with the order Of
the Controller Of the Treasury. 1t seems
that the bank examiner had notified the
Controller that the bank had loaned the
firm of Henry Marquand g. Co. nearly
81, 100000, for which adequate security had
not been taken. The capital stock Of
the bank is only 100000, and it appears
that it had loaned to one firm an amount
five times greater than its capital stock.
1t is our understanding that the ma
tional banking laws do not permit bank
to loan to any one firm or individual an
amount greater than ten per cent. of its
capital stock, except upon collateral that
can be turned into cash quick
ly. Assuming that such is the
case, it is evident why the Controller
of the Currency promptly ordered the
Marquand loan to be paid by Saturday,
June %. He informed the bank if this
order were not complied with the gov
eminent would take charge of the bank.
No doubt it was this order that brought
about the banks suspension. Its friends
were not willing, in all probability, TO
provide the cash to take up the Marquand
loan.
1t is stated that the collateral for the
Marquand loan consisted of bonds of the
Plttsburg. Shamut and Northern Rail
road, which the firm of Henry Marquand
& Co. were financierng. The story is
that the firm had taken S. 100000 of the
bonds of the road but had not been able
to dispose of them at anywhere near their
face value. II undertook a financial deal
which 1t could not carry through. No
doubt other vast interests-probably coal
interests-were doing all they could to
depress the securities of the new road.
which would open up a new coal field.
The banks mistake was in making so
large a loan to one firm. and also in ac-
cepting security that was inadequate for
it's protection. No doubt there will be
an investigation which will bring out
all of the facts. 1t will then become APP
parent whether or not the national bank
ing laws were violated and whether any
one will be held responsible for the mis-
fortunes of the bank.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-06-29

1t is a safe assertion that most of the
cities of this country are in financial
trouble pretty much all the time. BY
this it is not meant that they cannot
meet their obligations, but that they
never have money enough to make the
improvements they project or to pay in
cumbents of Offices they would like to
create. For instance. the Mayor of At
lanta is saying that that city is in need
of money-that the tax rate should be
raised TO l 30 on the dollar or that as
sessments should be greatly increased.
Then there is a squa bile there over the
act OF the City Council in taking $4,000
from the money recently voted by the
city TO put down new water mains and
using it to pay an old debt-an obligation
growing out of the purchase of a pump.
The whole trouble in connection with city
finances is that there is a disposition to
spend more money than the revenues
amount to. Financial matters are not
managed in a business like manner. Too
often the men controlling the municipal
government have no business capacity.
for their business ability. In many cases
they are nominated because they have
a certain following and can control votes.
And when they get into Office they are
expected to provide places for those who
helped to elect them. In other words,
the peoples money is used to pay politi-
cal debts. new office is created when
ever there is the slightest excuse for do
ing so. not because the office is needed,
but because a follower or relative Of
political boss wants to be taken care of
at the public expense.
1t is doubtful if there is city in the
country in which the pubic money is not
thrown away in providing places for
men who have political pull OF some
sort And when an office is once created
it is never abolished. If the expenses for
useless officials were cut off and reason
able economy were inforced, there would
be very few cities that have trouble to
get money for paving and the public inn
provements.
We have not singled out Atlanta as a
subject for comment, but we incidently
mention that city because her Mayor is
just now growing about the lack of
money for doing many things which he
thinks ought to be done, and because
there is a squabble there over the act of
the City Council diverting some of the
money voted for water mains to the pay
ment of a debt more than a year old,
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-06-29
AS TO LYING,

Is lying ever justifiable? The London
Spectator has been studying the ques-
ton. 1t reaches the conclusion that not
only is lying justifiable under certain CIR
cumstances, but to some extent the hap
piness of the people depends upon it; that
IL lying were eliminated entirely and only
the bald truth insisted upon. it would be
necessary to reorganize society. And If
the social world were made over upon
the lines of absolute veracity in speech
and actions, the Spectator thinks the new
world would be less ingenious and desira-
BILE than the one in which we now live.
'1n the matter of true speaking, as in
wine drinking says the paper, no one
can define what moderation means,
though we ali believe that in our own
persons we illustrate the word. But
granting this vague moderation, we are
prepared to maintain that a certain num-
Der of false formulas are necessary for
the defense and maintenance of the spirit
of sincerity and truth. We all have en-
tered into a tacit agreement that under
crtain circumstances we will deceive each
OtHtl AOi OuI anu II ally
large number of people took to avoiding
these defensive forms and spoke on all
occasions nothing but the naked truth,
the social world would have to be made
over again" Every one knows that a
great many evasions of the truth and "a
great many deliberate falsehoods are
common in social communication. They
are called white lies" since they are
not uttered with intent TO injure. Few
OF them, indeed, deceive anybody. Peo-
pie expect them and know just how
much weight to give them. In politics
and diplomacy the falsehood, either inn
piled or direct, plays a large part, as it
does in war also. Put the plain, blunt,
naked truth into all of the international
diplomatic communications. and 1t would
probably not be a great while before the
Powers would be at each others threats.
Make absolute truth the rule in war,
knock strategy and false feints out of the
tactics and brute force would predomi-
nate in the long run. Fusion would MOI
have captured Agtunaldo except for his
false pretenses; nevertheless the end 81
II
| the war has been FASTENED by his STRAIT
egg.
1t may be. as the Spectator says, that
we have not vet become civilized up &c
the point of being prepared to live by
the truth and nothing but the truth
Nevertheless the lie is despisabie. and
should be decried and avoided. 1t Il
probably not practicable to abolish tbs
lie out OF hand. but 1t is possible I q
carry on such a persistent campaign
against lying as will eventually make Il
uncommon among educated ana refined
persons. And all right-minded persons
devote themselves to the reduction Of tn,
amount of falsehood end the increase o
the amount of truth in the world. T,
seek, 10 know and TO speak the truth d
one of the highest aims OF mankind.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-06-29
His own auotation at Last.

The Rev. DR.. b was what is COM
monty termed "a popular preacher" says
London Tit-Bits, not, however. by draw
ing on his own stores, but by the knack
which he possessed of appropriating the
thoughts and language of other great di-
vines who had gone before him to his own
use, and by skillful splicing and dovetail-
ing of passages so as to make a whole.
Fortunately for him, those who composed
his audience were not deeply skilled in
pulpit lore, and with such he passed for
wonder of erudition.
1t happened, however, that the doctor
was detected in his literary larcenies. One
Sunday a grave old gentleman seated
himself close to the pulpit and listened
with profound attention. The doctor had
secretly finished his third sentence before
abe old gentleman said loud enough to
be heard by those near him: That's
Sherlock"
The doctor frowned, but went on. He
had not proceeded much further when his
grave auditor broke out with: That's
Tillotson." The doctor bit his lips, and
paused, but again went on. At a third
exclamation of That's Blair the doctor
lost all patience. and leaning over the
side of the pulpit, he cried: Sir, if you
don't hold your tongue, you shall be turn
ed out"
Without altering a muscle the old cynie,
looking the doctor full in the face said !:
That's his own"
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-06-29

Gen. Catchings of Missouri, whose term
in the House ended in March, said, re-
Gently: My congressional career took
big slice out of my life. I went into the
House at 3S and now that am 81, / shall
try to practice law and make some
money"
Judge Danforth of the Maine Supreme
Court has this to say in connection with
the case of a defaulting bank cashier re-
Gently sent to prison: 81 wish that the
law permitted me to send with the ac-
cused every one of the bank directors,
who through a long term of years, ex-
pected you to do your work live respect
ably, bring up a large family and be hon
est-all on salary of $500 a year.
Henry Lewis Morris, descendant of
Gouverneur Morris, signer of the Dec
laration Of Independence, has purchased
for $4,000 a piece of property in New
York which was sold by his father in
1852 for $155. The property is located at
One Hundred and Forty-ninth street and
Third avenue. When the 1859 transfer
was made there were only eight houses
between it and the Harlem river; now
there are 10000.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-06-29
THE FRESH AIR HOME.

A good work is being done at the Fresh
Air Home at Tybee. The ladies who have
the Home in charge are working zealously
in it's interest Every week quite a num-
Der of little children who would not 9TH
erwise get outside of the limits of the
city are taken to Tybee, where they have
an entire change of air and diet. That
they derive great benefit from the outing
there is no doubt. They are better morally
and physically for the change.
Next Monday, for instance, there will
be twenty-five children taken to the ISL
and. There they will have all the COM
forts of home. There is a trained nurse
to hook after those who are ailing and
other nurses to care for those who are in
a physical condition to get the greatest
possible benefit from the sea bathing and
rambles upon the beach. The food that is
provided for them is of excellent quality,
and is we'll prepared. The children are
gathered up throughout the city by the
ladies who have the Home in charge. And
they are careful to give preference to
those who are the most deserving. Moth
ers who entrust their children to the
Home have every assurance that they
will be as tenderly ana as intelligently
cared for as if they themselves were in
charge of them.
OF course the Home costs money, and
the contributions for its support are not
as liberal as they ought to be-that is.
there are not as many contributors as 50
noble a charity deserves. There is yet a
small mortgage on the Home. and the in
terest on this and the expenses of main
tenance require a pretty large amount of
money every year. The Central transports
the children to and from the island free
of charge and the Ice company furnishes
ice without cost to the Home, but, as
can be readily seen, there are other ex-
penses which are very heavy. If the
Home had a more general support its
work could be greatly enlarged. Visitors
to the island should inspect the Home.
They would be so impressed with dts ad-
mirable management and the good 1t IS
doing that some of them might feel like
lending 1t a helping hand.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-06-29
Finally Changed Her Mind.

Three years ago, says the Kansas City
Times, Joshua C. Freeman of Kokomo,
Ind, wanted to marry Nora B. East, and
threatened to enlist in the army if she
refused him.
Enlist" she said, 1.-The country needs
you worse than / do. Perhaps when you
return / will marry you"
Freeman enlisted. and recently return
ed from the Philippines. By chance he
met Miss East in town.
you said perhaps 81" was his greeting
to her
81 meant yes" was her reply, 'if you
re-enlist."
Squire De Haven married them and the
bridegroom departed at once for Fort
Sheridan to offer his services TO the gov
eminent again. On the way he received
a telegram saying:
you need not re-enlist If you do not
want to-"
His return is expected.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-06-29
INDEX 10 NEW ADVERTISEMENTS

Meetings-Members of the Bar; Post A,
Protective Association of America, Geor-
gia Division.
Special Notices-Andrew Hanley Co;
Savannah Building Supply Co.; Dividend
No e5, Merchants National Bank of Sa-
vannah; Dividend No. %, Germania Bank;
Dividend No. 81, Southern Bank of the
State Of Georgia. Dividend Augusta and
Savannah Railroad; Snip Notice.
strachan & Co., Consignees; San Fran
cisco Restaurant; At Gardeners; Jas. j.
Joyce; Don't Forget Hop at Hotel Tybee
Tuesday Night. Chas. F. Graham, Pro-
prietor; What We Have for To-day. Z.
"A. Drayton Grocery Company; Belsinger
& Gross; A Choice Roast Scott & Davis;
John Funk, City Market; Special Notice,
John Carr; Levan's Table d'Hote.
Business Notices-Boned Chicken, Etc,
A. NJ. & c. w. West; Electric Fans. Elec-
trio Illuminating Co; Meats Are Going
Up. the S. W. Branch Co; Get 1t Cold
at Ministers
Mems Negligee Shirts Reduced to s.
cents-The Metropolitan Clothing Co.
Begins To-day-B. H. Levy & Bro.
1880 in Cash Prizes-Ladies' Home
Magazine Co., Philadelphia
These Hot Summer Days-At South End
Pavilion, Tybee Island.
Boys and Youths Long Pants. Etc.-B.
II. Levy & Bro.
Ladies Departmental. II. Levy Bro.
Linen and Crash Suits For Extra Size
Men-B. Ii. Levy & Bro.
Grape Nuts-Postum Cereal Co.
Beers-Anheuser-Bu Busch Brewing Assoc
citation.
Watches-Waltham Watches.
Mineral Water-Hunyadi Janos.
Medicsl-Cuticura; Thacher's Liver and
Blood Syrup; Horsfords Acid Phosphate;
Ponds Extract; DR.. Hathaway Co; Tutt's
Pills; Planta ton Chill Cure; Johnson's
Tonic
Cheap Column Advertisements-IIelp
Wanted Employment Wanted; For Rent;
For Sale; Lost; Personal; Miscellaneous.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-06-29
THE MORNING NEWS is published

IhE uAONtNAN0 M " - RAbAShVNA
every day in the year. and served TO
subscribers in the city. or sent by mall
at 70 cents a month. $500 for six months,
and $500 for one year.
THE MORNING. NEWS, by mail, six
times a week (without Sunday issue)
three months, $50: six months. 800; one
year, 5000.
THE WEEKLY NEWS, two issues
week (Monday and Thursday, by mall
one year. $1.oo
subscriptions payable in advance. Re
nit by money order. check or registered
letter. Currency sent by mail at risk OF
sender.
Transient advertisements, other than
special column, local or reading notices
amusements and cheap or want column
10 cents a line. Fourteen lines of agate
type-equal to one inch in depths the
standard of measurement. Contract rates
and discounts made known on application
at business Office.
Orders for delivery Of the Morning News
TO either residence or place Of business
can be made by mail or by telephone NO.
30 Any irregularity in delivery should
be Immediately reported.
Letters and kilograms should be ad-
dressed "AIoRNING NEWS" Savannah.
Ga
EASTERN OFFICE, % Park Row.
New York City H. c. Faulkner. Manager.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-06-29
BRIGHT BITS.


Good Gracious!-Mrs. Browne-''The
Rev. DIR. Waterfall didn't officiate at your
chuch last Sunday as usual" Mrs. Mala-
prop-'No he was out at some college
preaching a bacchanalian sermon. Phil
adelphia Press.
"A Confidential Explanation-"And
what do we mean by saying that we do
not intend to annex Manchurda?" asked
his friend I'VE mean" replied the Rus
sian statesman, that we have annexed
it already and 1t isn't necessary to do it
twice. Puck.
Reason Enough-BilkinsLW are you
so excited over the prospect of an inter
national yacht race? You don't know a
cat-boat from cutter.
Wilkins-No; but I have a nautical
friend who always tells me which way to
bet.-New York Weekly.
The Saddest Story Ever Told-The
Tramp between mouthfuls)-'a wuz
wunst a wealthy married man, mum, but
1 am penniless now" Kind Lady-"You
poor unfortunate man! Why didn't you
put your fortune in your wifes name?"
The Tramp-'I did-an' she learned TO
play bridge whist. Puck.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-06-29
Reflections of n bachelor.
From The New York Press.

The man is never old who. the longer
he lives, lives the more.
Women are such puzzle to men be-
cause they are so much a puzzle to them
selves
There is a certain way a girl fixes a
lamp when q man is coming to call on
her which she calls Just enough lit"
1t makes a girl awfully mad to catch
herself yawning and realize that she has
caught Ia from a man that she just hates.
When a man hates another man ehe
worst. Il Is for the least reason; when a
woman loves man the best. II Is when
ne Is the least worthy.
Eve probably made the snake mighty
mad. only he didn't let on. By telling him
she knew he had good heart. even
though he pretended 10 be such cynic.
There are certain kinds OF things that
one girl can never tell another unless IL
Is late al night and they are eombing
their hair.
No old maid over 70 can show strange
plumber over the house without giving
him her opinion OF love. religion and the
FiipinoE.
when a woman thinks that man n
going 20 kiss her ngainsi her will she
generally dresses herself With two papers
Of pins less chan usuaL
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-06-29
The Voice of Matrimony.

From Everybody's Magazine.
Two souls
With but a single thought,
Two hearts sT
That beat as
One:
This is my geographic sketch
Which those may read
Who run.
I'll admit I'm pretty hard shedding
At times.
And some folks don't find me
To be
All their fancy had painted,
But I'm not in
The paint and fancy supply business,
And shouldn't be held responsible.
If people think I'm an umbrella
That fits anything
I'm put up over,
They'll be mistaken,
That's all. s..,-s
/ am what l am, 49,
And can't be any ammer
Than ] am.
So there.
If people aren't willing
To risk something 81
For big winnings.
They'd better pass me
And hunt for trouble
Somewhere else.
There's plenty of it.
Without banging away at me
/ can be the greatest happiness
Or the greatest misery
On earth.
According to how I'm managed;
And when people take me
For the money that's in II,
I make them earn all they get,
You bet.
All the same. I'm good thing;
But. being so good.
I don't quite understand
Why they won't have me in heaven,
Do you?
w. j. hampton
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-06-29
A Dictionary Makers Error.

In the July number of Harper's Mr.. AL
fred Ayres. with delightful unconscious
ness of the light in which it puts him,
tells the following story about himself:
Only a few days ago. I heard learned
man, an LID, a dictionary maker, an
expert in English, say that he was anx-
ious to finish the moving of his belongings
from one room TO another.
NO you are not" said ].
Yes, 1 am. How do you known"
Il know you are not"
why, what do you mean?"
There is no anxiety about it. You are
simply desinous. "
He thought minute. That's true,
that's true" said he You are right.
Nobody ever called my attention to that
before"
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-06-29

Gen. Daniel f. Sickles is now trying to
induce the President to throw Pension
Commissioner Evans out OF Office, No
longer ago than May and June, 1899, this
same Gen. Sickles was writing TO Com
missioner Evans, calling him My Dear
Governor" assuring him OF his hearty in
dorsement of his administration of the
pension office, regretting the opposition
Of some of the Grand Army organizations.
and Offering to speak to the President in
Evans behalf Commissioner Evans is
pursuing now Scientifically the same policy
that he pursued then. and Of which Gen.
Sickles thought so highly. The only con-
clusion to be reached is that Gen. Sielzles
is not only Inconsistent, but is playing
the part OF a demagogue.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-06-29

King Edwards mourning makes II i'm
possible for him TO attend the races; new
ertheless, it Is stated that he is manag-
ing to keep up with the events pretty
well and occasionally turn a penny on a
favorite. A London correspondent claims
10 have 1t on first rate authority that
the King has won no less than 100000 on
the races since the opening OF the sea-
son
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-06-29

Wednesday was great day for the
loosening of purse strings by rich people
for the benefit of colleges. Pierpont Nor
gan gave Harvard 100000. Mr.. spd
Mrs. Nelson Robinson gave the same col
lege 100000 On the same day various
donors including F. w. Vanderbilt, James
]. Hill and Matthew Borden, gave Yale
&, 10000. and Senator Hanna gave Ken
yon College, Ohio. $4,000.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-06-29

Persia in the twentieth century Is not
much different from what IL was five hun
dred years ago. A physician who has re-
Gently returned from that country says
that the natives ssiil believe that human
tears are remedy for certain chornic
diseases. Al every funeral the bottling
of mourners' tears is one of the chief fea-
lures of the ceremonies. Each OF the
mourners Is presented with sponge with
which to mop his face and eyes and after
the burial these sponges are presented
TO the priest. who squeezes the tears into
bot tiles. which he keeps
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-06-29

The visit OF Gen. Gomez 90 the United
States most likely has bearing upon the
politics of the island. and the personality
OF the man who is 10 be the first Presi-
dent of the new republic. Gomez viii
go to New York 90 see Tomas Estrada
Palma Both OF these men have been
prominently mentioned in connection with
the presidency. II IL understood that Co
mez favors Palma. while Palma would
like TO see Gomez the President. From
New York the General will go 40 Wash
ington to confer with President McKin-
ley. He probably wishes TO know wheth-
er or not there Is a sort OF Plat amend
ment attached TO the Cuban presidential
situation: whether the Washington gov
eminent desires to have the nominee or
nominees OF the Cubsns submitted TO n
Cor inspection aud approval.