davidaulloa/AmericanStories huggingface dataset:
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1902-10-02
WALL STREET AND the COUNTRY.

Secretary Shaw has recently MADE
some very original and radical rulings
in regard to bank circulation and gov
eminent deposits, which will have the
result of putting $3o,0o0.00o additional add
into circulation, yet many folks believe
and the idea is quite general-that
Secretary Shaw has plunged his hands
mite deep into the national treasury
to make New York banks gift OF
$50, OOOO 900 because the latter We're
hard-up. He has, however. done no
such thing.
What Shaw did do was this: Ma
tional banks are allowed under law to
deposit government bonds with the
secretary Of the treasury and issue
bank note currency against them
They are also made repositories for
government funds, provided they can
put UP government bonds as security
to guarantee safe return Of govern
ment deposits. Now, manifestly, II
they need more money temporarily they
must buy bonds, to put up either for
deposits or circulation. which at the
present high market price of govern
ment bonds, is too expensive to be
profitable. Therefore, in order to
make an inducement for banks to take
out. more bank notes and put more
money into circulation. Shaw proposes
to all banks that now have government
deposits east, west, north and south,
that he will accept Al school, county,
or municipal bonds, to secure deposits
in lieu of government bonds, provided
always that the banks thus favored will
Immediately issue bank note circula-
ton against their government bonds
which will be thus released from duty
as security for deposits. The secretary
has estimated that fully$30,0000 900 adj
ditional bank note circulation will be
taken out as the result Of this order.
The result has been rather peculiar
When circulars were sent out to all
banks offering to anticipate the pay
mcnt of interest on government bonds
at a slight discount, western banks
universally replied that they were IL
no hurry and could wait until the in
terest was due. The eastern banks
alone took advantage of the offer.
Likewise the result of this later offer
will be the same. Then, when the sec
rotary made his second ruling that
banks, which have already secured
their government deposits by putting
up bonds, need not maintain cash re- re-
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1902-10-02
Goes Like Hot Cakes.

"The fastest selling article have ir
my store" writes Druggist G. T. Smith
of Davis. KY, lis DIR. Kings New Dis
covery for Consumption. Coughs and
Colds. because it ALWAYS cures. In my
six years of sales it has never failed.
have known 1t to save sufferers from
throat and lung diseases who could get
no help from doctors or any other rem
edy." Mothers rely upon it, best physi-
clans prescribe 1t, and we guarantee
satisfaction or refund the price. Trial
bottles free. Regular sizes, so cents and
81. George p. Powers.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1902-10-02
THE sEcRe1ARY,s DANGEROUS POWER,
tChicago Journal.l

| TChicagO Journal.I
| While Mr.. Dawes was arguing yes
|terday at Peoria for and against the
! subtreasury system, for this is what ms
address amounted to, the secretary OF
| the treasury was illustrating in most
| striking manner the absolute necessity
| for taking the government out OF the
banking business, and of eliminating
the influence of the secretary over Wall
street and the money market.
A stock panic has been started
caused by the calling in of loans by the
banks The banks We're impelled to
this course because of the decrease OF
their reserves which had fallen below
the legal requirement. The secretary
Immediately issued statement in
which he announces that the banks will
hereafter not be required to carry a re-
serve against the government deposits
that are already scored by government
bonds.
In doing this he has done the right
thing, and has thus endeavored to
counterfeit and as far as possible rem
edy the evils entailed upon us by our
narrow and llnwise financial system.
But the point of this example is not
that he has done what a wise and skill
f,l financier should do. but that he has
the power to do it. No man in free
government should be intrusted with
such power. No secretary of the treas
sury should be able to hold the reins
over the money market of the country
and guide it solely according to his will
and pleasure.
With such power in his hands weak
or a wicked secretary could bring on a
panic, paralyze industry and bring ruin
upon the country.
This power originates first In our
subtreasury system, which ties up In
the government vaults money the peo-
need, and second in our restrictive and
narrow banking laws which prevent
freedom in the issuing OF an elastic .ur-
rency.
Under our present system popalist
secretary, full of the hatred Of banks
and of the so-called money power"
that he has proclaimed from every
stump, could at one time or another
during his four years of office ruin
many banks and destroy many fortunes.
We may we'll hope that we shall al
ways have at the head of the treasury
department wise and patriotic citizen.
Hitherto in our history this has usually
should be framed so THAI no man should
lave virtually unlimited power over the
business interests of the nation.
AS a beginning to that end the sub
treasury should be abolished.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1902-10-02
DEmocRkcY REsvklnG ITS OWN coRuP'
TON.

4 The most notable incident of the
democratic state convention of New
York yesterday was the rejection Of w
S. Devery as a delegate for wholesale
corruption in securing his seat in that
body. The movement caused an uproar
in the convention and Devery made a
strong protest and fought for his place
until hustled off the platform. Who is
Devery, and what did he do and what
is the significance of the conventions
act? He is the eX-chef of police Of
New York. an illiterate corruptionist
who lined his pocket with ill-gotten
gains and thus attained wealth. New
York political events attract more than
usual attention because of the promi-
nence of the city, and in this case the
chief actor in the drama. or comedy, or
farce, at the primary invited more than
usual attention in the press because
of his peculiar tactics In trying to win
popular approval When the primary
was held last week in the Fourth dis
trict not only Devery, but two other
aspirants seeking the position of dele
gate, spent money freely right and left.
So fragrant was the act that the New
York Tribune, in reporting it, says:
The money that was used was to be
seen on all sides. Captains carrying big
rolls OF bills moved in and out among
the crowd. In front of Devery's head
quarters Eddie Glennon stood toying
with roll Of bills Of stupendous pro-
portions From this he occasionally re-
moved $50 note and put it in circula-
ton.
But there was other money besides
Deyery's used. In front of a Tenth ave-
nue.. polling place Sheehan captains,
wearing the badge of their leader, open
ly distributed money. Even the dispir-
tied Goodwinites showed cash at
tines
Devery won the primaries and pre-
pared to go to the convention in great
style. with a lot Of Scotch pipers and a
big retinue of claquers. In rejecting
him and the other two who sought the
nomination from that district. the New
York democrats set new pace in re-
buking corruption In their own ranks.
and also censured Tammany and Its I'M
savory record. II should not be sur
prising that Devery was turned down,
because otherwise 1t would have been
an endorsement of political corruption
Of the most fragrant character. II IS
certainly step In the direction Of pur-
er politics from a source least expected.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1902-10-02
Low Summer Rates 60 ST. Louis and
Minneapolis

The Iowa Central railway has placed
ticket son sale at very low rates to ST.
Paul and Minneapolis and Minnesota
resorts, good returning to Oct. 81. The
summer resorts Of Minnesota are su-
perior to any In the country. and With
the unusual opportunities offered IN the
way of low rates, all should take trip
for health. pleasure or recreation. Fine
fishing. Consult Iowa Central agents
for further particulars.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1902-10-02
Annexins by Assimilation.
New York Town Topics.]

[ NEW 1U1h IUWH 1UpICs.J
More than hundred thousand
Americans have emigrated to Canada
within year. At this rate there will
soon be no trouble about the inevitable
annexation of the Dominion Amer
leans will be in the majority, and will
come into the union as matter of
course, as chickens come home to roost.
Canada now buys from us $4,000, 900
Worth goods annually, three times as
much as it imports from what is fla
.cetiously called "the mother country"
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1902-10-02
How a woman Gets q seat.

81 will tell you how towork it, /" said
woman, whose figure showed she
would be tired by standing, tosa com
panion in Broadway car. When
there is no vacant seat, watch for two
men who are in conversation and
stand right in front of them.
each one will want his friend to
think he is very polite, so both OF; them
will jump right up and offer their
seats. That's. the way do, and it new
er fails. Mo- York Herald.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1902-10-02
IOWA OPINIONS AND NOTES.

In stating that the state board Of con-
recently purchasing supplies, as far as
business judgment warranted the Wa
terloo Reporter observes that iowa
supplies for Iowa institutions is prop
er thing, and that should be the ambi-
ton of the board of control In making
the contracts when it can honorably be
provided for
In felicitating Cedar Rapids on hold
ing third place In the state on postal
receipts, the Republican Of that city
declares This condition is not the re-
suit of special postal patronage on the
part of any one or two firms, but is the
result of general increase in all lines
Of business
The Council Bluffs Nonpareil notices
that "In Iowa at least, democratic cam
cratic campaign text book. One third
of its space was devoted to a denuncia-
ton of so-called Imperialism, yet nei-
Their Horace Boies nor Martin j. Wade,
the two leading democratic nominees
of the state. have deigned to refer to
this Issue in his public utterances."
According to the Montezuma Demo-
crat, Iowa democrats are doing trial
stunt this year just to see what they
can hope to do in the 1904 free for-all."
The Rockwell Photograph observes
that There is apparently an effort to
discredit Governor cummins and the
present state organization by finding
fault with the republican platform and
in the efforts being made to reduce the
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1902-10-02
Mg,alkez6
OBSERVATION-DISCLOSURES
!, IOWA NEWSPAPERS.
PARSONS, COLLEGE FUTURE.

PARSONS COLLEGE FUTURE.
[Keokuk Gate City.l
Cedar Rapids would like to have Par
sons College at Fairfield consolidated
with Coe College at that place. There is
something to be said, of course, in ia
ycr Of having one Presbyterian school
in Iowa instead of two, but Parsons
College will likely retain its identity
and remain where it is. 1t is hardly
.supposable that Fairfield will part with
it in view of the fact that only $4,000
is needed to insure it's retention. That
sum can be raised and will probably be
promptly forthcoming.
DON'T HAVE TO GUESS.
LMuscatine Journal.]
The lamented President Mckinley
said: you do not have to guess what
the republican party will do. The worlG
knows it's purposes. 1t has embodied
them in law and executed them in ad-
ministration." For more than forty
years, except during a brief interval Of
democratic administration, this nation
has been guided in it's destinies by thu
republican party. No country on the
face of the earth ever made such prog
ress in so short a time. And equally true
is it that no country ever had such de-
moralization come to it in so short {
time as came to this country when de.
mocracy got its hand into the delicate
mechanism constructed by republican.
ism and so utterly disa,ranged the ma
chinery as to bring on the dark days
of panic and no employment. The PEG.
pie remember those days too well to re.
turn to them.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1902-10-02
! ne sEps Of WESTERN ANTHRACITE.

III Many people ha We a vague impress
Dlen that the arid and seni-arid regions
& pf the great western states are OF little
keononic value; that, like their sterile
Snrface, there is little that 8 inviting to
hnport life. Yet vast mines Of wealth
IL minerals have been found beneath
HE surface that have added much to
4 he riches of the nation. More of these
4 mines are still untouched, and more of
Them will be discovered. Among those
That have been found and not yet de-
&eloped are vast tracts of coal beds,
10Th bituminous and anthracite.
Just now. while the coal strike is at
racting wide attention, the people have
pine to understand that the anthracite
Il egion of Pennsylvania is practically
he only one Of Importance in this
puntry, and that the owners and oper-
TORS enjoy monopoly. But, accord
10 to careful investigation, immense
DDS OF hard coal are stored under the
lrface In Colorado.
Henry Denman, Colorado state In
kectOr3 of coal mines, gives the Access
Bile area of the Yampa coal field, in
{ putt county, the northwestern county
Bad Colorado, which is out of the reach
- railroads, but will be tapped by the
Nv Denver, Northwestern g. Pacific
/ liroad, as 40 square miles, with an
ailable gross tonnage of 1861, 500, 900.
l says that the amount of the wealth
KS Atained in the undeyeloped coal de-
Bits OF Routt county is beyond the
ss apprehension OF the casual observer.
As an Illustration, he takes one par
llar tract of twelve hundred acres in
~ lent eighteen miles northwest of
3amboat Springs. In this tract there
four workable seams, viz, Nos. 1,
and 4. No. Is seven feet thick,
Uties. No. 2 is eleven feet thick, of
\ &mlnops coal. No. Is s feet thick Of
L-antAracite coal. No. 4, which Is
bpttom seam, is fourteen feet thick
first class anthracite.
d. Denman further says that, as
hing that only three-fourths of such
81 I've hundred acre tract is upderlaid
"a fourteen foot anthracite seam,
$4,000 tons could be extracted,
= Sch, at So a ton at the mine, would
1852, 272,0O0 for the anthracite seam
he, irrespective of seams Nos. 1, 2
s. The aggregate thickness of the
seams is forty feet. The interven-
s. strata between Nos. and seams
brty feet. The seams have uni
ii b pitch of 20 degrees with good
81 Twelve hundred acres, the size of
- articular tract, is less than two
miles, and the estimated coal
/ this Yampa coal field alone is
faare miles, any attempt to figure
she possible tonnage and value of
particular coal deposits would
HI ay result in figures which could not
lily grasped or realized.
ifessor Lakes, who for many years
He'd the chair Of geology at the
do state school Of mines, speak
the plateau, about twenty five
orthwest Of Steamboat Springs,
,at almost the entTe plateau is
n Id by number Of coal seams
an average grade in charac-
". The quantity of coal
United. It is safe to
For twenty-five feet
S. overs aal, some of it
further .syh hole area.
Ellis, ticketas
nsarest Iowa
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1902-10-02

majorities if not to actually defeat the
republican congressional nominees in
two or three districts Close up the
ranks and no .scuttling!' it exclaims.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1902-10-02

When you wake up with bad taste
in your mouth go at once to drug
store and get free sample of Cham
berlain's Stomach and Liver Tablets. /
One or two doses will make you well. /
They also cure bilionsness, sick head
ache and consultation. Druggists
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1902-10-02
Look Out for Fever.

Biliousness and liver disorders may
be prevented by cleansing the system
with DeWitt's Little Early Risers. These
famous little pills do not grippe. They
move the bowels gently, but copiously,
and give strength to the glands.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1902-10-02
fifty feet would not.be an exaggerated

Fifty feet would not,,be an exaggerated
estimate.
The high quality of these Routt
county anthracite ana bituminous Goals
is shown by comparison Of the analy-
ses with those of similar Goals in Penn
sylvania. They show a larger per cent
of fixed carbon.
The anthracite coal of Routt county
when the new railroa.1 is completed,
will be less than 200 miles from Denver,
and can be laid down in Denver at COM
peting prices, also largely monopolizing
the markets of kansas and Nebraska
and successfully comp citing at Missouri
river points with the anthracite coal of
Pennsylvania, altho n is possible that
the Pacific coast will become the chief
market.
Still, if the facts prove to be as stat
ed. the coal problem will have another
important factor to aid in its solution.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1902-10-02
a ursdap 0rtnhrr 1902

content made glorious summer in the
words of Holy Writ. 1 once attended q
funeral in the country where the cler-
gyman's opening remark was. My
bereaved friends, you have loved and
lost the demised. 1t has been truly
said: 1T is impossible to solve the BIZ
ography of DEATH" That is, my be-
reaved friends. the only way for us to
look at it, An acquaintance of mine
tells me that Cyrus Burleigh, one of the
we'll known writer's of fifty years ago,
told her that he had just come from a
Quaker meeting where he saw woman
speaker rise and with a Quaker tone
say, "A boss. a boss, my kingdom for a
boss" Doubtless, my friends, the in
spired Psalmist, when he penned these
words, meant SPIRITUAL boss" That
was all she said. and she solemnly re-
sumed her place on the high seats"
what made Jenkins fail?"
His friends say because he didn't
take their advice, and jenkins says be-
cause he did.-Detroit Free Press.
Bird S. Coler was nominated for
governor of New York by the demo-
Gratis, but {; bird of another feather
will be elected. Governor Odell. who
was renominated by the republicans,
carried the state in 1898 by over ILL.,
900 majority and has proved an able
and popular executive.
AT the Soda Fountain:
In a prohibition hamlet,
Where he had to stop awhile
| He winked a very funny wink.
4 And thus provoked a smile.
] According to a Sioux, City banker
Iowa is not exactly in position 10
criticize New York. He declares that
Land purchases have been taking the
money out OF Iowa just as industrial
stocks have absorbed the money OF
t New York. The Indictment has the
Isemblance of credibility. However,
Iowan's have large 'swad" left and
are not beseeching Secretary Shaw to
help them out.
De style: Where did the boys ac-
auire that beautiful college yell!
| Enthusiastically merely repeat the
stations as heard from the conductor
on the local train.-New York Sun.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1902-10-02

49, w IIHl IIIdue JGIIAIIIso TIT
Ills friends say because he didn't
take their advice, and Jenkins says be-
cause he did.-Detroit Free Press.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1902-10-02

According to the Montezuma Demo-
crat, Iowa democrats are doing trial
stunt this year just to see what they
can hope to do in the 1904 free-f or-all.'
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1902-10-02

The soldiers quartered in one section
of Wyoming are fighting snow banks.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1902-10-02

De style: Where did the boys ac-
quire that beautiful college yell?
Gunbusta-They merely repeat the
stations as heard from the conductor
on the local train.-New York Sun.
The Butte inter mountain. [volume] (Butte, Mont.) 1901-1912, 1902-06-28
SHIPPING COMBINATION
CONFERENCE IN LONDON
Offices to Be Consolidated and Probable
That Several Small Agencies Viii
Be Abolished.
lBY ASSOCIATED PRESS |

81
London, June 28.-With the departure
Of Messrs. Clement A. Griscom, 7. A. b.
Weidner and l.. Elkins from London, TO
join their respective yachts at South
ampton, it became known that these three
gentlemen had attended a very important
meeting Of the moving spirits in the ship
ping combine. The meeting was also at
tended by J. Pierpont Morgan, Bruce lsmay
and Bernard Baker Of the Atlantic
Transport line.
1t is understood that it was practically
decided that the different Offices shall be,
in a certain degree, consolidated in future,
effecting great saving in the way of
Office rent, clerk hire, etc.
In the fall another meeting will be
held in New York, at which time other
questions, including that Of agencies, will
be discussed. 1t is quite probable many
small agencies will be abolished.
There will be no change made in the
sailing schedules of the various lines until
next year, there being number of ex-
listing contracts which must be fulfilled
before that can be done.
The Butte inter mountain. [volume] (Butte, Mont.) 1901-1912, 1902-06-28
LAY OPINIONS ON
THE KINGS CHANCES
BELIEVED THAT HIS MAJESTY IS IN
MUCH MORE DANGER THAN THE
DISPATCHES INDICATE.

London, June Ex-senator Depcw, who
has followed the history of King Edwards
case very carefully, docs not entertain the
most optimistic view OF the outcome.
IF you will notice the bulletins that have
been issued" said the senator, you will
see that they have all been worded with
the utmost care, TO anyone reading be-
tween the lines il is apparent that those in
charge Of the case are not at all sanguinc
as to the kings recovery. This convinces
me that the royal patients condition is far
more serious than people in general apprc-
ciatc."
James r. Kecnc would express no opin-
ion on the chances Of the kings recovery.
Whatever the result may be, he said, "it
will not affect values in America. If the
king should die, his son, the Prince Of
Wales, would be proclaimed king within rs
minutes, and the government would 20 on
as usual.
"The present monarch is greatly admired
and esteemed in America. On many occa-
sions he has shown himself to be the
friend of America and Americans. lie has
always treated Americans kindly | think
there would be much genuine sorrow
among them in the event of fatal termi-
nation Of his illness.
Still, in my opinion values would not
be affected in London"
The Butte inter mountain. [volume] (Butte, Mont.) 1901-1912, 1902-06-28
EMPEROR WILLIAMS BOAT STEERED
BY HIMSELF COMES AHEAD
BUT is SET BACK.
EMPRESS AND ONE OF HER
LADIES ENJOY THE RACE
Contest Of the Large Schooners Was
Really Trial Of Speed Between Amer
ican and English Built Boats-Steam
Yacht Race Easily Won by Virginia II.
Owned by Isaac Stern Of New York.
IBY ASSOCIATED PREss.1

lBY ASSOCIATED PREsS1
kiel, June 2s.-Wiliam's American
built schooner yacht, Meteor, with the
emperor himself on board and steering
most of the time, finished seven minutes
and twenty seconds ahead of the Cicely,
in the largest schooner race here in con-
necton with the regatta.
The Cicely, under her time allowance,
claims the race by one minute
and eleven seconds. The judges have
reserved their decision because Of a pro-
test entered by M. Guilleaume, the owner
OF the Clara. which was also in the race,
who AYERS that rules required the Cicely
to carry two anchors at her bows instead
of one. The race will be given to the
Cicely unless she is ruled out.
The empress and Fraulein Geistoff, one
OF her ladies in waiting, were on board
the Meteor during the race. The con-
test was trial between American and
English built boats The Meteor, the
ldula, belonging to the empress, the
Lasca and the Norwest are of English
construction and belong to the empress,
the Lasca, and the Norwest are American
built yachts, while the Cicely and the
Clara are of English construction
The Virginia H., owned by Isaac Stern
of New York, won the class four, carry
ing the Stars and Stripes across the line
two minutes and thirty-six seconds ahead
of Mimosa and five minutes and twenty
seconds ahead of the Hevelta. Seven
yachts started in this race.