Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1905-01-03

ORA WILLIAMS NJ w VENTURE
Iowa Newspaper Correspondent Leaves
to Become Managing Editor Of Chi
caso Daily Review to Be Issued Soon
Will Contain Worlds Best News
Briefly Told for Busy People.
Special to Times Republican.

SpeClal to Times -RepuDllcan.
Des Moines Jan. 3.-In connection
with the sensational reports that forty
banks had failed In Iowa during the
past year, all of which was grossly ex-
aggerated and untrue, 1t is interesting
to note that there were eight new state
banks and forty-one new savings
banks organized during the year 1904
financially and OF Ats banks in partic-
ular is only shown by comparison. Ac-
cording to the records OF the auditor
OF states office there were but four
state banks which went out of busi-
ness during the year against forty-nine
new ones organized. The auditors Of
fee of course has no record Of other
than state Institutions.
There We're chartered last Saturday
to begin business yesterday the Farm
ers' State bank at Lamon. the Brm-
ingham Savings bank at Birmingham,
the Rome Savings bank In Henry coun-
~
ervey, the Lockridge Savings bank in
Jefferson county, a total Of five. These
added would make the total of new
banks fifty-four.
Judge Ktnne of the state board OF
control returned yesterday from a trip
to Mt. Pleasant on regular trip of
inspection to the state institution there
and Judge Robinson returned today
from trip to Sioux City, clarinda and
Independence. The board today took
up the plans of State Architect Henry
+. Liebbe for the administration build
ing and cottage No. l of the hospital
for inebriates at Knoxville; Plans were
made once before, but were not adop-
ted and the new plans are now ready
for the inspection OF the board The
style Of architecture of the new build
lngs corresponds with that of the
building for the school for the blind
which will become part of the hospital
for inebriates. The basement is nearly
on level with the ground and there
are three floors above the basement. In
the basement are the smoking and
lounging rooms and the baths. tub and
shower baths alternating down one
side of the wing to the left of the main
entrance. Laundry and other such
rooms occupy the other wing Of the
basement On the main floor the at
tendants' room is directly In front of
the main entrance. There Is no means
of egress from the wings of the build
ing, thus precluding the possibility of
the inmates escaping during the night.
A corridor runs the full length of each
wing of the building with the wards for
the inmates on either side. An atten-
dant will be stationed on each floor.
The administration building which is
of the same style of architecture, Is
arranged for the basement to be used
for the kitchen. The first floor will
be used by the superintendent of the
institution for offices. The second floor
will be used by the superintendent for
living quarters and tine third floor by
his assistant for living quarters.
Mr.. Ora Williams left for Chicago
last evening where he becomes manag-
ing editor of the new daily paper that
will be issued within a few days, the
Chicago Daily Review. The company is
organized with John j. Hamilton, for
merly and for many years of the News,
as president and treasurer, and Ora
Williams as secretary. The paper will
be issued just as soon as the press is
ready to turn wheels, all other details
having been attended to. Regarding
this new venture aond his ideas of the
model daily paper Mr.. Williams said
just before starting last evening:
"The thought has been running thru
my head number Of years that there
is room in the large cities for small
daily paper, something opposite to the
blanket sheets, something that will be
Just what the busy business man and
farmer wants, and that this kind of
daily paper published In the large CEN
ters will go admirably with the local
papers published in the local centers
and be al that the average man desires
to keep informed on the affairs Of the
world.
This new venture is to be first and
above all else good daily paper, in
the sense that it will contain the best
news of the world only, carefully GULL
ed and boiled down and told in attrac-
tive manner. The great mass of stuff
that passes for news in the metro
politan papers will be eliminated. 1t
is so much chaff thrown in to fill up.
This paper will be what it's name i'm
plies, review of the news Of the
world. We know that journals issued
monthly and weekly giving such review
of the news of the world have been
successful We believe that there Is
demand for a daily review of the news
Of the world.
$50 it may be said of this venture
that ii is something new and diffSrent,
that it does not enter any field ny oc-
cupied but gets into new fieg per-
haps makes new field anf t can
hardly be said to be com, tor OF
the already we'll established .wspap-
ers in the large cities and the var
io,Is states adjanent to Chicago.