davidaulloa/AmericanStories huggingface dataset:
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1902-03-22
CREDITORS OF PEOPLES BANK
Will Be Fully Informed of It's Affairs
Shortly.

AS soon as l can prepare statement
of the assets and liabilities of The PEG
pies Bank [ shall call a meeting Of its
creditors that they may be informed as
to its affairs and advise me relative to
the execution of the trust which hold
for them. In this way hope to avoid
the unnecessary and ruinous litigation
that so often follows failure of this
character. All litigation and the cost
of the same can be avoided. assure
all creditors that their rights shall be
protected to the full extent of the
bank s assets.
Il. r. ELLIS, Assignee.
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1902-03-22
~ c4 Great demand
VIE" 1"' for corsets just
Corset Show. before before Easter.

ped to meet it with about every
asked for style Of corset. The new
est shapes from the leading makers
may be found here, such as:
Thompson's Glove Fitting, R.
and g.; c. B. and W. B., Erect
Form, Straight Front, Ventilating,
French COntil and French BatiStet
Empires and Girdles, at loves,
prices SOC, 75c, 81, S1.5O and 81.
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1902-03-22

Sarsaparilla, the great spring medi-
cine, 80 cents bottle at Rembert's drug
store.
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1902-03-22
Ohe Ca5ter
Selling of
MaGIove5

fitting gloves, reasonably priced
gloves, a trio of arguments that will
interest any wearer of Kid Gloves.
Ladies' 2-clasp white and black
and all shades, tans and grays;
every pair warranted "TrefOuSe
Kid Gloves" at 81 pair.
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1902-03-22
Oake a geeD
at Obese
Silks.

gressiVe, quick-sale and small profit
plan.
10 Pieces beautiful quality Ha-
butt Silks-best quality, white and
cOlOred stripe effects, at SOC.
10Pieces beautiful Peau de Cygne
Silk for waists or gowns, all colors,
worth $1.25, at $1.00.
24-inch Satin Foulard Silk. dress
pattern; no two alike; in all the
new spring shades, beautiful quail
ty; worth 81; special at S5c.
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1902-03-22

This store caters
to your kid glove
needs in a care
full and intelli-
gent III a er.
Good gloves, well
Virginia citizen. (Irvington, Va.) 1891-1921, 1902-05-23
Potomac River Route.

Beginning Tuesday, December Gath.
Steamer Potomac will leave Pier Q. Liz Int
Street, Baltimore, Tuesday and Saturday
at b p. m. for the Potomac River, calling
at Millers, Bromes, Bacons, Grasons,
Lewisetta, Bundicks, Cowarts, Walnut
Point, Coan, Kinsale, Mundys Point.
Lodge, Adams, Piney Point, Abells.
Leonardtown, Coburns, Towards and
Stones. On Tuesdays only for Lancas-
ter, Bushwood, Riverside, Liverpool
Point, Glymont, Alexandria and Wash
ington.
Returning, will leave 9TH Street Wharf.
Washington, at p. m. Thursday, calling
at all the above mentioned wharves.
leaving Leonardtown at a. m. Monday
and Friday, Kinsale at IL M, Millers ut
p. M, GrasJps at 5 p. m. and Bacons at
6 p. m, arriving in Baltimore early Tues
day ank Saturday mornings.
Beginning Thursday, May LIST. the
Steamer Sue will leave Baltimore every
Thursday at 5 p. m. for Washington and
ali landings on Potomac river. Return
ing will leave Washington at q n. m.
Tuesday for Baltimore and all landings.
viii leave Washington at 2 p. m. Satur
day for all landings on Potomac as far
as Coau. Returning will leave Coan at s
a: m. Sunday for Washington, calling at
all wharves.
Freight received daily at pier 0, Light
Street.
HENRY WILLIAMS, Agent,
Baltimore, Md.
STEPHENSON & BRO, Agents,
Washington, ID. &.
VIM. NJ. REARDON. Agent,
Alexandria. Va.
Virginia citizen. (Irvington, Va.) 1891-1921, 1902-05-23
From Baltimore.
Leaving Pier 8. LIGHT Street

bSaNiuS Ilcr q, Llgnt street.
Steamer leaving Baltimore on Monday,
Wednesday and Friday at 5 d. m. arriy,
ing at landings as follows: limbs a. m.
heedvilie 215 a. M, jackson Greek a.
M, Cherry Point 4.15 a. M, Cricket Hill
80 a m, Calls $50 a. m, Fitchetts d. 30
a. M, Ruarks 6.20 a. m, Grinnells $50
a. m, Warehouse Gas a. m, Conrads z .16
a. m, Green Point 1885 a. m. Stampers
$40 a. m, Blands $50 a. m, arriving at
Freeport o g. n.
Steamer leaving Baltimore on Tues
day, Thursday and Saturday at 5 d. m.
arriving at landings as follows: Samp-
sons $50 q. m Tipers 2 45 a. M, Black
wells 3 m, Harcums $50 a. M, limbs
4 a. M, Reedville 4 80 a. m, Hardings
. 40 a. Dn., Haryeys a. No., Kilmarnock
. a. m, Byrdton 7.05 d. M, Grace Point
7.15 q. M, Glasses a. m, tOcrans 8. Is
a. M, Little Bay S45 a. m, Palmers
. q. m.
*Steamer leaving on Saturday will 90
through to Jackson's Creek. arriving
1870 a. m, Cherry Point IO.45 a. M
Cricket Hill IL q. M, Calls Ills a. m,
Fttchetts 12 noon.
tSteamer leaving on Saturday will not
stop at Ocrans on Sunday.
NoTE.-This schedule goes into effect
on Saturday, March 10, 1902, from Balti-
more. There will be no steamer to Balti-
more from landings mentioned above ON
Saturday, March 10Th, 1902. Please take
notice.
Read schedule carefully as important
changes have been made.
i. a. JoYNEs, Supt. Steamer Lines.
L. MURDOCH, FRI and Passenger Art.
Virginia citizen. (Irvington, Va.) 1891-1921, 1902-05-23
HTS SELF Denial.

A relative OF Rear Admiral Evans
tells the following characteristic story
or the boyhood OF the popular sailor:
AS boy he had been talked to by the
clergyman of the church which his
family attended regarding the keeping
OF Lent, the clergyman trying to im.
press upon the youngster the idea that
the right way OF observing Lent was
to deny himself that which he most en-
1oyed. When three weeks OF this SOL
emn season had passed without young
Evans appearing in church. the clergy.
man called to see what was the trou-
bic.
Why" said Evans. 81 am keeping
Lent strictly. just as you told me to,
by denying myself my greatest pleas
ure-that of hearing you preach"
Virginia citizen. (Irvington, Va.) 1891-1921, 1902-05-23

Commenting on the craze for ping.
pong. the New York Tribune says: "Ail
the clubs are putting In tables for this
game. Manufacturers are working day
ana night TO supply the demand for
the balls and the tools OF the sport.
Brokers forget to look at the tape while
they smite the little spheres in their
Offices. Women and men alike have
faiien victims to this fascination by
the thousands. Plngpong eau bc played
az any hour of the day or night and In
any weather and in any condition of
MIND or of nerves, as II Is exclusively
an indoor recreation and requires no
extremely elaborate and expensive APP
paratus, as the game of billiards does.
Moreover. no long and srduous train
ing, no series Of exacting and costly
lessons, is Indispensable. OF course
the range of skill among the players is
almost as wide and varied as it is
among the holders OF the cue who try
10 run up scores at caroms or at pool
But even the novices at this sport seem
to get great deal Of fun out OF Il, and
they are not obliged to trudge exhaust
Ing miles, as at the golf links"
Virginia citizen. (Irvington, Va.) 1891-1921, 1902-05-23
RICHMOND, FREDERICKSBURG &
~ POTOMAC Il. II.

VI OthAO IL. IL,
WASHINGTON SOUTHERN r. r.
Schedule in effect Apra 1G, 1902.
FREDERICKSBURG, NoRrHwARp:
5 40 a. m. daily. Stops on signal st
Occoquan Sundays only.
3 30 a. IN. daily. No local stops.
10 % 4. m. Sundays only, stops on signal
at Brooke, Aqua, Wide Water,
Quantico. Marumsco sndOccoquan'
10 Al a. m. daily except Sundays. Stops
on signal at Brooke, Aqua, Wide
Water, Quantico, Cherry HUI,
Occoquan, Lorton and Accotink.
4o ?. M. daily except Sunday. No
local stops.
w p. m. daily. No local stops.
o. p. IN. daily. No local stops.
III vi ?. m: daily. Stops on signal at
Brooke, Wide Water and Quanti-
co. stops on signal at Occoquan
Sunday only,
SOUTHWARK FROM FREpER1cKsnrrRc.
90 a. m. daily except Sunday Rich
monu accommodation. Makes all
stops.
6 20 a. m. daily, Atlantic Coast Line
train. Stops at Milford, boswell
and Ashland daily, and on signal
at other local stops on SUNDAYS.
10 4S a. m. daily except Sunday. Makes
local stops on signal.
IL OF p. m. daily, s. A. l.. train. Stops
on signal at Milford, boswell and
Ashland.
IL 20 p: m. daily. Southern R'y train.
No local stops.
. Is pm. daily, AtlanticCo train.
Stops at boswell and Ashland.
. So p. m. daily, makes local stops on
signal.
. 30 p. m. daily. Seaboard Air Line
train. Stops at boswell and Ash
land on signal.
Accommodation train leaves Rich
mond 4 p. m. daily except Sunday. Ar
rive fredericksburg 80 p. m.
@. G. Cox, Agent.
w. ID. DUKE, General Manager.
w. =. TAYLOR, Traffic Manager.
Z. 7. ID. MYERS, President.
Virginia citizen. (Irvington, Va.) 1891-1921, 1902-05-23
The PEARRE E. CR0WI CO.,
Corner Light and Lombard SITS.
BALTIMORE MD

Who have been advertising with us for
several years, make specially of sup
plying stock certificates and seals to
newly incorporated companies.
Any concern about 10 incorporate
would do well to write for their samples
and prices.
The publishers of the CITIZEN have
mad occasion TO patronize this firm on
several occasions and have no hesitancy
In recommending their work.
Virginia citizen. (Irvington, Va.) 1891-1921, 1902-05-23

When we turn away from some duty
or some fellow creature. saying that
our hearts are too sick and sore with
some great yearning OF our own. we
may often sever the line on which d.
vine message was coming to us. We
shut out the man and we shut out the
angel who had sent him on to open the
door.-Edward Garrett.
Virginia citizen. (Irvington, Va.) 1891-1921, 1902-05-23

hammock River Routes.
On and after Tuesday. March 18th,
Steamers Calvert, Lancaster and Essex
will leave Pier 2, Light street, Baltimore.
every Tuesday and Friday at 4:3O D. M.
fer Fredericksburg and all wbaryes on
the river. Returning win leave Freder-
lcksburg at 2:3O o. IN. pide permitting
Monday and Thursday, Leedstown AT
4:30 a. M, Tuesday and Friday for Bslti-
more.
Leave Baltimore Wednesday and Tins
day at 40 p. m. for Tappehannock and
all wharyes below, except Bay Port. Re-
turning will leave Tappshannock at s
a. m. on Monday and a. IN. Wednesday
and Thursday for Baltimore.
Steamers from Tappabannock Wednes-
day will not call at wharves In Corroto-
man River.
VIII not call at Bay Port on either
day.
No freight received for outgoing
steamers after p. m. on sailing days.
NORFOLK ROUTE.
Will leave Tappahspnock for Norfolk
at p. m. Friday, stopping at all land
lngs. Will leave Norfolk at 6 p. m. on
saturday for Tappahannock, calling at
all landings
HENRY WILLIAMS, Manager.
Office: Pier 2, Light St., Baltimore.
VIM. ID. ScOTT, Agt, Fredericksburg.
hEY COMPTON, Agt., Norfolk.
Virginia citizen. (Irvington, Va.) 1891-1921, 1902-05-23
The Cburch or UnvI,na

Recent statistics show that the
Church of England provides in Eng.
land and Wales about 100000 sittings
In places of worship against over $780,
goo provided by the nonconformists,
The church communicates are said to
number l,9I4,629 as against 1,945. 932
III nonconformist congregations, but
the church communicates are not en-
rolled as exactly as those in the chap
els
Virginia citizen. (Irvington, Va.) 1891-1921, 1902-05-23

The Zuricher Tagblatt published the
Following advertisement: "a Swiss
family. Protestant. wants money to
purchase grocery shop. In case the
help is Forthcoming the family will
baptize their three children, aged one
20 ten years.
Virginia citizen. (Irvington, Va.) 1891-1921, 1902-05-23

Arrive at Baltimore next morning.
Landing IS marked Shave tour boats per
week. Note time of leaving on Monday.
Those who desire TO ship their fish be-
yond Baltimore will be furnished with
through rates by writing to freight agent.
Virginia citizen. (Irvington, Va.) 1891-1921, 1902-05-23
Baltimore, Chesapeake & Atlantic
IDA AND TIRED AVON.
CO


Spring schedule for fishing season, TO
take effect March 10Th, 1902.
Virginia citizen. (Irvington, Va.) 1891-1921, 1902-05-23
Great wicomico River Line

Oreat WtcomlcO River Line
from Great Wicomico River, Dividing,
Dymers, Indian and Antipoisop Creeks
for Baltimore. Steamers will leave land
ings named as follows:
Every Monday, Wednesday and Friday
Virginia citizen. (Irvington, Va.) 1891-1921, 1902-05-23
Steamer Owen DiIIard.

Mail and passengers to and from White
stone, lrvington, Weems, Millenbeck.
Merry Point and Urbana, daily (except
Sunday. w
Virginia citizen. (Irvington, Va.) 1891-1921, 1902-05-23

-. oVcrSones All iornS OF blood poison,
whether inherited or acquired, aud no
remedy so thoroughly and effectively
cleanses the blood. If you have any
blood trouble, or your child has inherited
some blood faint, take S. S. S. and get
the blood in good condition and prevent
the disease doing further damage.
Send for our free book and write our
physicians about your case. We make no
charge whatever for medical advice.
rHE SWIFT SPECIFIC CO.. ATLANTA. GA.
Virginia citizen. (Irvington, Va.) 1891-1921, 1902-05-23
SCHEDuLE.

Leave-White Stone, z a. M; Irwin ptop
las; Weems, S.15; Millenbeck, 8; Merry
Point, $50; arrive Urbana, II 80 q. M.
Leave-Urbana, p. M; Millenbeck q.
Merry Point, $50; Weems. 430; Irvington
.; arrive White Stone, 8 p. m.
Virginia citizen. (Irvington, Va.) 1891-1921, 1902-05-23
SPRING SCHEDULE.
WEEMS STEAMBOAT CO.,

Baltimore, Fred.
1Stl%4fSIZNF ericksburg, Nor
-sc-sSssSSf folk and Kappa
Virginia citizen. (Irvington, Va.) 1891-1921, 1902-05-23
Some False FrIends.

But the bad young man is never hard
to become acquainted with. lie will
slap you upon the back as soon as you
enter the store. He offers you q Gig
arctic or invites you later to take q
drink. He stops you in the hall and
wants to Lave a long talk. He is al
ways loafing when the head Of the de-
partment is away. After little while
he begins to make fun OF your Bible
He ridicules you as stingy because you
send most OF your money home to sup
port widowed mother and FIVE IA
therless children. and then, If you have
money to spend. he and his evil COM
panions will gather around you to help
spend 1t IL you will LET them. as field
of clover tops will empty all the bee
hives from far and near. But after
your money is gone and position gone
and health gone and honor gone they
will care no more for you than for
dead cur IN the street The night you
die the saloons will be as crowded, the
glasses will click just as merrily as
Virginia citizen. (Irvington, Va.) 1891-1921, 1902-05-23

makes new and pure
blood to nourisl1 and
strengthen the body,
and IS a positive and
safe cure for Scrofula.
Virginia citizen. (Irvington, Va.) 1891-1921, 1902-05-23
Piankatank River Line

Arrive Baltimore next morning.
Landing marked have daily boats
Virginia citizen. (Irvington, Va.) 1891-1921, 1902-05-23
Avoid DANCES

wealthy gentleman once advertised
for coachman- To every applicant
who came he put this one question.
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1902-10-10
GOOD" TRUST
The Tin Plate Trust Reduces
Wages rs Per Cent. But Its
Enormous Profits Are
Still the Same.

The Iron Age in its issue OF Sept %,
gives the following interesting item.
Prosperity Lodge Of the Amalgamatcd
Association, composed OF employees OF
the La Belle Works OF the American
Tin Plate company Of Wheeling, w.
Va, have voted in favor Of accepting
reduction Of wages when working
ON tin plate for export. A former vote
OF this lodge was against this PROPOSE
ton
The facts in the case are these: The
steel trust has an order from the
Standard Oil trust for 100000 boxes
Of tin plate TO be manufactured into
tins to export their oil in. Usually
the Standard Oil trust has bought the
tin plate they use in England, paid
the duty and then obtained a rebate
Of the duty paid when they export II
again. The price for the English tin
plate Is si.30 per box less. than the
price charged by the steel trust, but
the order has been given to the latter
II it will meet the English price
Hence the demand on the workmen
to accept rs per cent reduction In
wages.
Both the trusts make the same profit
as formerly, but the workmen do not
participate in the prosperity OF the
trusts; they not only have to accept p
per cent less wages. but il costs then
40 per cent more to live. The work
man who received $500 per day viii
get 81 30, and il he formerly spent al
bis wages TO live. he will now have e
cut his expenses down by reducing
the quantity of food and clothes e
himself, his wife and little ones
Great is prosperity and the tin plate
trust
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1902-10-10

The Hon. Charles w. Miller, Repub-
lican candidate for attorney general,
made a speech on Prosperity" at Win
chester, in the course Of which he
said:
1t is not denied, but admitted that
there was a balance of trade against
us when the last pretended measure
Of tariff for revenue only was in force
We assume that Mr.. Miller refers to
the Wilson-Gorman tariff law, though
of course that was far enough from
being a tariff for revenue only law.
This measure became law in August.
1894. The next fiscal year closed with
June. 1895. That year the balance OF
trade in our favor was $75.56S,2O0. In
1896 the favorable balance was S1O2.-
s22, ,e6i; in 1897 1t was $2s6,263.fi
During all this time the Wilson-Gor-
man tariff was in force and during the
whole period the balance OF trade was
in our favor The last unfavorable bal
ances were all under Republican tar
IFS. being $2S,002,6,i in 1888; S2.I30,
Zts In 1888. WutH MI. fidIiisoH Nd1
president. and s1s.735.72s in 1898. the
year in which Mr.. Harrison retired
from Office. and while the Mckinley
tariff was In full force.
But Mr.. Miller Is even more specific.
He says that II II admitted that the
balance of trade was against us more
than $4,000. 900 when the Democratic
|free-trade cure was the law OF the
land" The year in which the balance
was more than siS.O00.o00 against us
was 1898. which was one year before
the Democratic tariff law was in force
and while the Mckinley tariff was in
Iunimpeded operation. So II seems
that what Mr.. Miller says is admit
tied" cannot be admitted. and that wha.
he says Is not denied must be denied.
He his simply, i'm his exuberant enthu-
siasm, got mixed in his dates-a fate
which has befallen more illustrious
but hardly less accurate men than
he.-Tndianapolis News.
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1902-10-10
WATCH FOR FRAUD.

A Republican attorney general has
given an opinion stating that II q voter
says he cannot read the English Ian
guage, or cannot mark his ballot by
reason OF physical disability. the poll
clerks may mark il for him. and that
"ln all ordinary cases an affidavit Is
unnecessary" THIS Is NOT THE
LAW. AN AFFIDAVIT is NECES-
SARY III EVERY CASE. Section As
OF the election law as amended by the
act Of March 9. 1899 facts 1899 p. 5io),
provides:
Before tho poll clerks shall so pre-
pare the ballot of said elector THE
SAID EiECTCR SHALL, in the pres
ence of the board, MAKE AFFIDAVIT
IN WRITING that he is unable to read
the English language. or that by rea-
son Of physical disability. setting out
the particulars in wilicn said physical
disability exists. be is unable to mark
his ballot"
The same section provides that a
voter VINO makes a false declaration
on this matter shall be fined and dis
franchised. and that any poll clerk
who shall deceive a voter or mark the
ballot except as requested shall be
sent TO the penitentiary for from two
to five years.
Every Democratic election officer In
the state MUST INSIST on the making
of these afiidayits and that blanks
shall be at the polling place for that
purpose One Of the iayorite methods
OF Republican yote-buyers is through
this channel. A bargain is made or
the outside. the voter goes in and de
clares he can not mark his ballot, the
Republican poll clerk thus sees how
his ballot is prepared, and gives Tho
tip to the scoundrel outside. who pays
the fellow his money II "all right"
Indiana is Democratic. and Republi
cans must not be allowed to get it b!
foul means.
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1902-10-10

1T is simply idle to talk of solving
the trust problem without tariff revi-
sion. which is the way and the first
step toward solution. Fortunately the
power Of congress Is here absolute
and unqucstioned. and hence can be
exercised without the necessity Of con-
stitutional amendment, as suggested
by the president. We do not mean to
say or imply that in looping ef need
less protection Is to be found the
complete solution Of the problem OF
the whole remedy for trust abuses
It cannot dispense with the necessity
or desirability OF wise national regula
tion: but without tariR revision nc
regulation can 90 to the root Of tho
svil."--New York Herald.
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1902-10-10

II should not be forgotten that when
the Republican state platform de-
nounced the new tax law In 1892 the
railroad companies were gathering
data to show that the law worked a
hardship upon them and did not in
crease the taxes of the farmer and
householder. And though that plat
form pledged the party to revise the
law. when they came into power. they
have had legislative control since 1895
and yet the law remains practically
as passed by the Democratic legisla-
ture of 1891. The Republican plat
form of 1902 declares that all but s2.-
100000 OF the state debt will be paid
off before 1905. II is very evident
from this that the party does not pro-
pose TO take Mr.. Fairbanks advice
and radically revise" the tax law.
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1902-10-10

Mr.. Cannon Of Illinois. who Is heng
urged in some quarters for the speak
ership to succeed Mr. Henderson Of
Iowa. is thus quoted in an interview on
the tariff question:
"Thc tariff will be revised some time.
hut not at the next session Of congress.
or by the succeeding congress unless
there Is check in the present pros
perity." AS Mr.. Cannon is one OF the
Republican leaders Of the house OF
representatives end Is chairman OF II
committee on opriatiors his state
ment must be taicn ais good authority
for the faction which he trr'ns with.
II that fac on, wtice lncisies aAcu'
all the la lafs .s row cnrci CO..
grcss. il q W w. rl tec in'aa-
ton OF ne yns ~
year. there M4.i f- lr fc p tarf
revision ~ -ur "A y. trne s
would soern W he tol on this
faction cf 'tc Republican party. for
tariff rev. p II he only legislation
those trusts fear VINO are protected
by the ta.
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1902-10-10

Every Democrat in the state should
be on the alert TO detect the frauds
which the Republican managers de-
pend so much upon in all their calcu-
lations regarding elections. Many
negroes have been brought into the
state 20 vote at the November cleo
ton. and Democrats should see that
none but legal votes are cast. Just In
proportion to the disorganization in
the ranks of the Republicans viii be
the efforts of the managers to offset
Il with fraud. Let every Democrat
keep his eyes open and prevent the
corruption which has proved SO potent
In other elections.
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1902-10-10

Secretary Shaw TOOK step OF very
questionable propriety last week when
he abrogated the requirement which
compels the banks to hold 25 per cent
reserve against deposits of govern
ment funds. for the action was entirely
arbitrary and enabled the banks or
New York TO extend their credit still
further. AS the banks of that city
hold about $4,000. 600 Of the treasury's
funds. they may expand their loans
to that amount. The New York papers
believe that the action of the secretary
sets a dangerous precedent. from the
fact that ii may give foreign bankers
a false idea OF the power OF the sec-
rptary. Both the legality Of the ac-
ton and it's expcdiency are called in
question by conservative bankers. The
puzzling thing is why the secretary
should resort to these questionable de-
vices. which do not strengthen the
bank reserves, hut encourage further
speculative expansion. when he could.
In perfect compliance with the law,
resume the refundlng Of the older bond
issues into the new . per cents. thus
getting actual money out OF the treas
ury and at the same time furnishing
the basis for new circulation.