davidaulloa/AmericanStories huggingface dataset:
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1904-10-06

600. Both banks loaned in the i'm
mediate vicinity of Grinnell to the
same class of borrowers and at the
same rates. The only difference then
in their earnings should have been six
months interests, at { per cent on
5000, or $4,000. AS q matter OF fact
the earnings of one bank appeared to
be about $11,5O0 and Of the other about
$1,000 a difference of $4,000. Ii
the statement had been true it would
have been unexplainable. And yet it Is
safe to say that not over half dozen
men noticed these contradictions and
commented on them.
The true story of the Grinnell banks
failure goes back for nearly forty years
In the banks history and begins with
the elder Spencer's adversely. Bv The
time he died in '93 the banks .-pltaI
must have been impaired to the extent
Of $4,000 to $4,000. Had III. c. Spen-
Ger then called his bank directors to-
gether and shown them the facts, an
assessment of less than 100 per cent
could have repaired the damage, the
bank would have been saved and its
stock today could have been worth SO
per cent above par. No one would
have been ruined. But he chose to
run before the wind even when he
could see the rocks ahead. He con-
tinued to pay out of the banks de-
posits money to the stockholders which
the bank had not earned. Ills person.
ality did not attract depositors and he
was compelled to pay and even S
per cent for deposits in order to attract
money to his vaults. Tho thrifty from
far and wide came with their stockings
until in 1904, considering the IMPAIR
ed capital which by that time must
have grown from $4,000 or 100000, In
running expenses were actually sew
eral thousand dollars more than its
income. From $4,000 the shortage
grew. Stockholders got some of it In
dividends that were not earned. De-
positors got some of it in high rates Of
interest paid on deposits Capital IL not
impaired In 1893 could have earned
by 1904 $4,000 more than 1t did earn
when impaired by $4,000 at that time.
n. c. Spencer did not take any OF
the money. He lived the life Of the
damned that he might postpone the
day when the world should know what
another Spencer had done. Cold and
deaf to the rights of his fathers cred
itors, or to the suffering the inevitable
disaster would bring to aged and In
nocent people he worked on in the
small hours OF the night to juggle the
books, forge innumerable notes and
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1904-10-06

lacked friends to plead his cause.
When II. G.. Spencers son Clark was
put on the board by means of proxies,
and a very capable man removed pe-
cause he was of an inquiring mind,
there were rumblings of dissatls1ac-
ton. Up to this time the domination
of the Spencers had been complete.
When the advocates of the deposed d.
rector We're again defeated IN January
1904 the rumblings became OMNIBUS;
there was almost storm, ana not
words were passed. Mr.. Spencer saw
that the time was approaching When
his domination would no longer be en-
dured Then came the tragedy OF July
goth and ended all.
In 1893 the leading bank of Grinnell
was paying a semi annual dividend OIL
80 per cent. Mr.. Spencer, not to be
outdone by rival institution, told his
directors that he could pay 31a also.
AS a matter of fact, with such an i'm
pairment of capital as must have ex-
listed at that time, the 3R per cent
dividend had not been earned. The
statement showing earnings was false
and from that date every statement
submitted, down to the day OF ms
death was false. When the dividend
was paid it is likely the hole in the
bank was enlarged by that amount.
At that time taxes on stock were paid
by the corporation. Aside from such
taxes, and including only ordinary ex-
penses. the running expenses were
about $4,000 The net earnings could
not have exceeded $4,000, so that the
dividends paid were not earned at all
This condition continued to grow worse
down to 1904. AS often as the other
national bank would increase it's diVi-
dends, Mr.. Spencer's statements OF
earnings would show steady increase
all false. About July 1903, the other
bank paid per cent semi annual
dividend, and the First National
promptly followed suit The examlna-
ton will show that in July 1904, the de-
posts were In excess of the amount
shown by the books, instead OF less
They were not less than $350,0O0. OF
this, 100000 were drawing interest at
4 per cent There were but $2oO,00C
good securities left, and these at pei
cent would only yield $4,000 more in
| terest than the bank was paying. lr
| other words, for that year the banks
net income must have been only $4,000
and yet the dividends and expenses
were $4,000. This alone would en-
large the hole by $4,000.
| How the books were manipulated Is
| a mystery and will probably always
remain so. The men now In charge
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1904-10-06

acknowledged by the United States in
1897 and by the various European gov
ernments within two years afterward.
Texas was annexed to the United
States in 1S45, and that led to war with
Mexico. During the three years of ac-
tual hostilities between the countries
many notable battles were fought. The
capture of the City Of Mexico and the
complete overthrow of Santa Anna We're
the outcome of long series of military
operations, the details OF which seem
clumsy in the light of improved mod
ern warfare. In many of these con-
ficts the slaughter in proportion to the
number of men engaged was terrific.
In the operations against the City of
Mexico the Americans lost 5000 out Of
an army of 1000. The Mexican loss
was over 1000.
Toward the middle Of the century oc-
Cured the East Indian wars which re-
suited in the conquest of the Punjab.
This immense acquisition to the Brit
ish holdings in Asia was effected by
many desperate struggles. One Of the
most notable of them was the campaign
against the Sikhs conducted by Lord
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1904-10-06

and the natives, and it finally ended IN
insurrection, which was followed
quickly by revolution.
Early in 1885 Texas and Mexico were
at war. Several battles were tough1
and victory was almost always on the
side of the revolutionists. The battle OF
San Antonio de Bexar, fought Dec. ~
of that year. drove the Mexicans from
Texas. They did not remain away,
however. Next year an army OF low
men under Santa Anna invested the
Alamo. strong fort near San ANTONIO
The Alamo held a garrison of 172 men.
and it resisted Santa Annals superior
force for eleven days. 1t was then car
ried by storm, and the entire garrison
was butchered. The Texans were
reused to a state of such excitement by
the Mexicans' brutality that in the Ioi-
lowing spring they cut Santa Anna
army into pieces at San Jacinto ana
captured the leader. This resulted III
the independence Of Texas. It Nas
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1904-10-06

Lucknow and CaWnpur are but syhC-
nyms of two of the bloodiest struggles
in military history. England had no
sooner crushed the Indian mutiny than
she found herself at war with China.
The struggle lasted for nearly two
years and ended in the capture of the
Peiho forts. and Picking. About this
time, also, the Italian struggle for in
dependence began. The king of Sar-
DINA came forward as the champion of
italian liberation from the yoke OF
Austria. He was unsuccessful, but his
son, Victor Emmanuel H., had the same
ambition, and with Cavour for his ad
wiser. he renewed the attempt. He sue
ceeded in enlisting the powerful aid of
France, and after a series of battles
which terminated with the fierce slrug-
gle at Solferino he accomplished his
design.
Until 1860 all regular naval battles
had been fought in wooden ships. The
battle of Hampton Roads March g.
1862, was the first serious encounter
between ironclad ships of war 1t is
true that France had four small gun
boats in the Crimean war with arnlor
plating, but the American civil war
ironclad type. The famous meeting Of
the armor plated Merrinlac with Cap
tain John Ericsson's Monitor was a
revelation to naval observers. The year
1863 is memorable for two of the most
remarkable battles in the annals of mil
itary science-the fight at Gettysburg
and the siege and fall of Vicksburg-
one restoring Union prestige in the
~k 0<I t.
effect at the west. These two events
were certainly among the most conspic-
uous military operations Of the century.
| At the close Of the American civil war
the scene Of military activity was shift
ed to Germany. Prussia and Austria
could find no surer way to settle their
numerous differences than by resort
to arms. A dozen great battles, Begin
ming at Liebenau and ending at Sado-
wa. proclaimed Prussia victor and re-
suited in the present German empire.
-Four years later the humiliating defeat
of the French army at Sedan strength
ened the new German confederacy and
made France a republic. In 1877 the
old Turco-Russian quarrel broke out
| afresh, Russia assuming her customary
role of champion of the oppressed peo-
pies in Turkish territory. 1t was a
| mighty struggle between the bashiba-
zouks and the Don Cossacks, and the
fall of Plevna brought the sultan to
terms. Stimulated by his success, the
Muscovite since then has never ceased
to be aggressive. although his energies
have been centered upon his dream OF
Asian expansion. For years he has
fought his way to the east Asian lit
toral, and the savage peoples Of the
Kirghiz steppes and the Turcoman
plains have first opposed, then yielded.
Great Britain, too, has pursued similar
tactics in Africa, and the fall of Khar-
tum and the humiliation Of the Boer
republics were accomplished at fear
full cost of life and treasure.
When the smoke of the conflict which
is raging in the far east shall be lifted
and the mystery and uncertainty shall
have passed it may be seen that few
battles since Waterloo have been better
entitled to a place in military annals
than the battle of Liaoyang and the
! wonderful siege Of Port Arthur.
ARTHUR REMNANT.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1904-10-06
True San9e Stov Of Gnnes Bank FaneWere the Money Wen

manufacture statements Of earnings
that were never earned until the maze
became too bewildering for even his
Vaccinations, and the closing waters
Of Arbor Lake over his head seemed
sweet repose after the strain of the life
he had led. He did not contemplate
suicide when he drove to the lake, It
would seem, for he asked friends to go
with him. How his son Clark got into
the water no one knows. The father
was seen to make for the shore then
go back. They say the incidents OF
lifetime will flash thru a mans
brain when facing death and I'll. c.
Spencer had lots to think about. Any
way the end came, the lid was lifted
from a seething cauldron Of bank at
fairs and once again truth was found
infinitely stranger than fiction.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1904-10-06

former citizens Of the great republic
had settled in Mexico and especially in
the country watered by the Rio del
Norte. They found little to admire in
the Mexican government and made no
secret of their distaste for it. They
made it the object Of all their efforts TO
secure the protection of their native
country. The United States tried to
purchase the territory now comprised
within the state of Texas, but the
Mexicans refused to sell at any price.
In 1880 the Mexican government for-
babe colonization of Texas by foreign
ers. At this time the American inhab-
itants Of Texas far outnumbered the
Mexicans. There was continual state
Of bad feeling between the newcomers
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1904-10-06
chamberIain,s Couch Remedy.

N one who is acquainted with it's
good qualities can be surprised at the
great popularity of Chamberlain's
Cough Remedy. 1t not only cures colds
and grip effectually and permanently,
but prevents these diseases from rer
sulting in pneumonia. 1t is also a GER
tain cure for Group. Whooping cough
is not dangerous when this remedy is
given. It contains no opium or other
harmful substance and may be given
as confidently to baby as to an adult.
1t is also pleasant to take. When all
of these facts are taken into consid-
GRAFTON 1t is not surprising that people
in foreign lands. as well as at home es-
TEEN this remedy very highly and very
few are willing to take any other after
having once used it. For sale by all
druggists.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1904-10-06

was actively furthering the cause of
Greek independence when he died. FL
nally England, France and Russia made
a treaty in which it was agreed to as
sist the revolutionists in obtaining their
freedom. After series of encounters
the allied fleet met the Turkish vessels
at Navarino and won a signal victory.
In 1880 the French bombarded AL
giers and forced it to capitulate. The
Algerines, who We're little better than
pirates, had furnished the French with
wheat during the Napoleonic wars. and
a dispute arose over the payment of
certain belated claims made by Algiers.
The dey was uncivil to the French am
bassador and boxed his ears. France
sent a fleet. and, since the city of AL
giers was fortified only against an at
tack from the water side, the sailors
landed and entered the city from the
rear.
In 1881 the Beigians revolted and
the Duke of Saxe-Coburg as
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1904-10-06
NEW USE FOR MUSIC.

Perhaps the strangest use to which
music can be put is to stop the flow OF
blood from a wound. An army doctor
noticed that when a wounded soldier
was taken to within an easy hearing
distance Of music hemorrhage was
greatly reduced or stopped. Neither ha
nor others who confirmed his observa-
lions could understand how this phe-
nomenon was brought about, but 1t is
now believed that the vibration OF this
air produced by the music causes the
patient to become faint, in which case
the action of the heart is so consider
ably lessened that the overflow OF blood
is reduced.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1904-10-06
LANGUAGE MOST SPOKEN.

There are 100000 Chinese speak
ing the same language, making Chi
nese the most spoken language. There
are 40 many dialects which are en-
tireiy different that they seem scarcely
70 belong to the same tongue. The in
hat,itants Of Mongolia and Tibet can
barely understand the dialect OF the
people In Picking. Putting Chinese aside.
the most spoken languages are as foi-
lows: English, 12o ,00o, 600: German. TO-
cor. 900. Russian, $4,000 900; Spanish
$4,000. 600; Portuguese. $4,000. 900. -.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1904-10-06

Cough. In 1855 Sevastopol fell. The
Crimean war, which began two years
earlier, was the result OF religious
quarrel. France and Russia became
involved IN a dispute over the custody
Of the holy places in Palestine. Th1a
was nothing especially novel. for the
Greek and Latin churches had been
haggling over the same matter LOT
centuries, and it had been the cause OF
conflicts. Ali of these sacred
localities being in the possession OF
TugkeY. It required great 6nessa on tina
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1904-10-06

Leopold I. The battle of Antwerp was
fought before the Dutch consented to
the new arrangement For nearly fif-
teen years after the siege Of Antwerp
both Europe and America were in a
state Of peace. In 1889 Don Carlos be-
gan one of his frequent attempts to Sc
cure the Spanish throne. Even at that
early date Russia had made up her
mind to acquire territory in Asia. In
1S39-40 she sent an expedition to con-
quer Khiva. 1t was not successful, and
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1904-10-06

hostilities began in earnest. The battle
of the Alma was fought on Sept. 20.
1854. and after four hours hard fight
ing. involving a loss Of 5000 Russians
and 3,400 allies. the Russians were
routed. Then the famous siege of Sc
vastopol began. 1t was not until Sep
TENDER Of the next year that the Mala-
koff fort fell and the stronghold sur
rendered.
Three years later England had her
hands full in suppressing the great up
risiugs in her East Indian colonies.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1904-10-06

caused much excitement in Europe. It
threatened to involve the entire Chris
tian world in a crusade against the
Moslems. The Hellenes carried on a
desultory warfare against their Turk
ish oppressors for several years with
out enlisting the sympathy of tie great
Christian powers. Individual enthusi-
asts from all countries joined the ranks
Of the revolutionists, but their govern
ments held aloof. 1t was in this strug-
gle that Lord Byron engaged, and he
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1904-10-06
TEETH MADE OF PAPER.

One of the novel inventions which
hail from Germany is artificial teeth
made from paper. Many of the den
lists are using them and find them to
be entirely satisfactory. They have
several advantages over the ordinary
mes made of porcelain or mineral com
position. as they are cheap, do not
break or chip, are not sensitive to heat
or cold. nor has the moisture OF the
mouth any effect unon them.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1904-10-06
Can You Eat?

j. 3. Taylor, prominent merchant
Of Chriesman, Texas, says: II could
not eat because Of weak stomach. ]
lost all strength and ran down In
weight. All that money could do was
done. but all hope Of recovery vanished.
Hearing Of some wonderful cures af-
fected by use Of Kodol Dyspepsia Cure
/ concluded to try 1t. The first bottle
benefited me, ana after taking four
bottles, I am fully restored to my us
ual strength, weight and health" Ko-j
dol Dyspepsia Cure digests what you
eat and cures. Sold by all druggists.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1904-10-06

1t brings to the little ones that price
less gift Of healthy flesh, solid bone
and muscle. That's what HOLSTERS
Rocky Mountain Tea does. Best baby
medicine on earth. 35 cents, tea or
tablets. Mcbride & VIII Drug Co.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1904-10-06

HEN the poet Thomas
Campbell composed
his stirring lyric en-.
titled "The Battle of
the Baltic" he had no
means Of knowing
that if he had waited
civ Years he might
Rogue River courier. (Grants Pass, Or.) 1886-1927, 1904-02-25

NOTICE OF FINAL SETTLEMENT
In The County Court of The State OF
Oregon, For The County OF jose
phine.
In the matter of the estate of
John p. Ranzau, deceased. y
Notice is hereby given that the final
account of John Ranzau and Sarah
Smock, the executors of the estate OF
John P. Ranzau, deceased, has been
rendered to said court for settlemei t.
and that petition for final distri-
hutton of the estate has been filed with
said account, and that the 18TH day oil
March, A. d. 1904, at 10 O'Clock, a.
NJ, has been duly appointed by SAID
court for the settlement of SAID ac-
count and hearing said petition at
which time any person interested IN
said estate may appear and ME MS
exceptions, in writing, to said account,
and contest the same.
Dated February 18th, 1904.
JOHN RANZAU,
SARAH SMOCK,
Executors,
Rogue River courier. (Grants Pass, Or.) 1886-1927, 1904-02-25

resolve TO capture the plotters red
handed IX-Followi, 2 the cOnspira-
tors, Iorry finds himself in "A room he
heard them designate as that of the
princess X.-Lorry tell' the princess
of the plot Mutual recognition, she
Is Miss Guggensl0cker DannoX, the
guard, rs in the abduction plot lie
fells Lorry with terrible blow An
guish TO the rescue Nl-LOriy quar-
tered in the castle. The princess Wis
It's him, but forbids all talk Of love.
Graustark is bankrupt and owes
the neighboring princedom Of Axphnin
$50 600, 900. The creditor demands cash
or the cession Of the richest districts
of Graustark
Neither OF his listeners spoke for
some moments. Then Lorry broke the
silence.
"You mean that the money cannot
be ralscdT" he asked.
ut IL not In our treasury our peo-
pie have been taxed so sorely In re-
building their homes and In recuper
atlng from the eject Of that drcnl1u'
invasion that they have been unable
TO pay the leyles You must remem
Der that we are u small milton and Of
limited resources. Your milton could
secure S3O,O00000 In one hour for the
mere asking To us It is like death
blow. am not betraying n state Sc
cret IN telling you Of the sore straits
in which we are placed, for every man
IN the nation has been made cognlznnt
OF the true conditions, We are all fac
ing II together"
There was something 30 quietly he
role IN his manner that both men felt
pity. Anguish, looking at the military
figure, asked:
'You fought through the war your
excelencyT
81 resigned as minister, sir to 20 IL
the front. was IN the FIRST battle
ana | was In the last" he said simply
"And the princess the present ruler
| mean was a mere child at that time
When did she succeed to the throncT
asked Lorry.
"Oh the great world does not re-
mombcr our little history. within d
year 0fter the death OF Prince Gan
look bis wifc, my sister, passed away
dying of broken heart Tier duugh
ter, their only child, was according tC
our custom, crowned Ot once She ha'
rcigned Tor fourteen years and wisely
since assuming full power For thw,
years she has been ruler de- fucto. Sh,
has been frugal and has done all 10
her power TO meet the shadow that {,
descending"
"And what IS the alternative IN cas-,
the indemnity Is not paidT asked
Lorry brcathlcssly. for hc saw some
thing bright IN the approaching cuam
lty.
"Thc ccs,lon of all thnt pnrt OF Grnu
stark lylur north off Elplwrlss. Iuclud
ipg fourteen towns. nu of our mluc.
nnd 1pr rIo.t prolurtiy, farming ana,
GRAZING nrds An n1t ry,ut Gran
stnr. ,yiu br po l1rr,r tbpr ono of n,,
r,.l sIt,J farms Nm your ,,r.t.r, s,pp
nv rl,r, ,,ll h. n,flI,. l.rt far b,,
In,al llelnr.s a., rulr sorr N ,r,,t s,
Rogue River courier. (Grants Pass, Or.) 1886-1927, 1904-02-25

manner IN which state affairs are con
Quoted. They know that our army Is
an economy at any price Until last
spring we were confident that we could
raise the full amount due AxDhaln. but
the people IN the rural districts were
unable TO meet the leyies on account Of
the panic that came at n most unfortu-
nate time. That is why we were hur-
rylng home from your country Mr..
Iorry. GaspOn had cabled the princess
that affairs were IN hopeless condi-
ton, begging her to come home aud do
what she could In a final appeal to the
people, knowing the love they had for
her. She came and has seen these 10y
al subjects offer their lives for her and
for Graustark but utterly unable to
give what they have uot-money She
asked them If she should disband the
army, and there was n negative wall
from one end Of the land TO the other
Then the army agreed TO serve on half
pay until all was tlded over Public
officers are giving their services free.
ana many bl Oul Nfdllhg pfVplS hhfN
advanced loans on bonds, worthless as
they may seem, and stlll we have not
the required amount"
Cannot the loan be extended n few
yearsT asked Lorry, angry with the
ruler IN the north, taking the woes OF
Graustark rs much to heart as If they
were his own.
Not one day! Not In London, Paris
nor Berlin"
Lorry lay back and allowed Anguish
to lead the conversation into othe?
channels. The count remained for half
an hour, saying as he left that the
princess and his wife had expressed a
desire to be remembered to their guests.
"Iler royal highness spent the even
ing with the ministers OF finance and
war, and her poor head. ! doubt not. IS
mcldng from the effects Of the consul
tatlon. These are wcighty matters foi
n girl 10 have on her hands" solemnly
stated the count, pausing for an in
slant at the door Of the apartment
After he had closed 1t the Americans
looked long and thoughtfully at each
other, each feeling respect for the
grim old gentleman that they had new
er felt for man before