davidaulloa/AmericanStories huggingface dataset:
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1905-10-10

The convention of the American Bank
ers' Association. lacking the formality
of actual organization. is in full swing.
All day the railroads have been bring
Ing members ard their families into the
city. and hotel corridors are thronged
with the representatives of the financial
interests OF the country.
The election of officers will take place
Friday.
Following precedents of former years,
the present vice president viii be elect
ed president of the association. and the
present chairman of the executive coun-
ell vice president There is no question
that the secretary will be continued In
office
After Friday the roster Of officers OF
the association. in all probability. Will
stand as follows:
President, John L. Hamilton. of
Hoopesfon. III.
Vice President. S. 8 whitson. of New
York city.
Chairman OF the executive council.
Joshua D. Powers. OF Louisville. KY.
Treasurer. Ralph Van Vetchten. OF
Chicago
Assistant Secretary. w c. F'itzWflson
of New York
Mr.. Powers, who will make his way
into the succession for the presidency
Is president of the United States Mort
go
Country Banker Slated.
For the first time IN the history of
the American Bankers Association. a
bona fide country banker nan from
town to which the census OF 1900 gave
less than five thousand population, IS
TO be elected its president. The man is
John l. Hamilton. vice president OF
Hamilton and Cunningham, of Hopes
ton, III.
There is no doubt OF Mr. HamIlton's
choice. He is now vice president of the
association. and II has been the accept
ed policy to promote that officer TO the
presidency.
Career Prominent.
The prominence and success Mr. Ham
iltcn attained illustrate how readily diff
| ficulties of environment and circum-
stance can De surmounted by men OF
brains. determination and ability He
has been in the banking business eight
cen years and was president of the Illi-
nois Banking Association as long ago as
1889. Before his election TO the vice presi-
dency Of the national association no
was chairman Of its executive council.
The presidents in the association from
1876. when ii was organized, have been
as follows:
Charles B. Hall, Boston. Mass: Alex
ander Mitchell, Milwaukee, Wis;
George S. Coe. New York; Lyman j.
Gage, Chicago; Logan G Murray.
Louisville, Ky; Charles Parsons. St
Louis, Mo-; Morton McMichael Phila-
Gelphia; William H. Rhawn. Philadel-
phia NJ w White, Cincinnati, Ohio;
j. J. P OdeH. Chicago; e H PuIlen.
New York; Robert J. Lowery. Atlanta
Ga; Joseph c. Hencrix. New York.
George II. Russell. Detroit; Walker Hill
ST. Louis; Alvah Trowbridge. New
York; Myron I. Herrick. Cleveland,
Ohio: Caldwell Hardy. Norfolk, Va.
and E F. Swinney, Kansas City, Mo-
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1905-10-10
MRS. ROOSEVELT WILL
MAKE SOUTHERN TRIP

Mrs. Roosevelt will accompany Presi-
dent Roosevelt south. at least for a part
OF the way.
She will surely 20, II Is understood
as far as Roswell. Ga, the old home
OF the Presidents mother. who. before
her marriage, was Martha Bullock, Of
that place.
She may also visit Little Rock. Ark.
where the Roosevelts have MANY
friends.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1905-10-10
TIPPING HAT BROUGHT DEATH.

CENTRAL CITY. Ky. Oct l0-As
Young William Deweess lifted his hat
to young woman friend on the oppo-
site side OF a railroad track he stubbed
his toe. falling I'm front OF a locomotive
and was killed.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1905-10-10
ALDR|CH HOSTILE
TO CUTTING DUTIES
Senator Will Fight Any
Tariff Reduction.
OPENLY FAvORS SINGLE BILL
Will Help Pass Measure Allowing
Banks to Deposit Canal Bonds
With National Treasury.
OPENLY FAvORS SINGLE BILL

senator Aldrich. OF Rhode Island
chairman OF the Senate Committee on
Finance. and one of the most prominent
or the Republican leaders, is here, and
has had several conferences with the
President and other officials of the Adj
m,nistraticn.
While he is not willing to be quoted
fer publication, IL can be stated that
Senator Aldrich. during the coming ses-
sion of Congress, will oppose any efforts
TO secure reduction of the tariff rates.
and is in favor OF no financial legisla-
uon, except the passage of a bill to en-
able the proposed Panama canal bonds
TO De used as a bash of-Raticnal bank
circuia Ton. on the ssfrne terms as exist
ing bonds are used.
Act Needed.
Through ON oversight. the original
Panama canal act, authorizing the issu-
ance of bonds to meet the expenses OF
construction. made no provision for their
use by the banks as security for their
circulation. Without some special legis-
latton such eircula ton, based on the
canal bonds, would be subject TO a tax
OF ] per cent. whereas that based on
all other per cent bonds of the Govern
ment is only one-half OF | per cent.
The Importance of this is that the Ia N
provides that the canal bonds which ar,
10 De lSSueu from tine TO time. To the
amount of $4,000 900. snail bear per
cent interest. and be sold at par. Unless
the banks can make Use OF the canal
bonds 10 deposit in the treasury as a
basis for their circulation. * will be i'm
possible to sell them at par.
Must Pass at Once
A bill to remedy this defect was intro
duced last session, but because there
was no immediate pressing necessity
for its passage it was allowed to die.
1t will be necessary TO pass II early in
the session, in order 10 meet the ex-
penses of the prosecution of the canal
work
On the tariff question. Senator Aid
rich is understood to be in favor OF the
adoption of legislation to establish maxi
mum and minimum rates with the pres
ent Dingley law rates retained as the
minimum. This would be a defensive
measure. and place in the hands of the
Administration an effective weapon to
meet the new German tariff or any
other similar hostile legislation by other
foreign countries.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1905-10-10
JERRY SIMPSON WORSE.

WICHITA Kan, Oct 10-Fo-mer
Congressman Jerry Simpsons condf-
ton shows change for the worse
He is unable to retain nourishment and
is somewhat weaker.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1905-10-10
Bankers Wish President
To Aid Two Innovations

It is proposed TO enlist President
Roosevelt's help. if possible. on two mat
ters concerning national bank legiSla-
tion. To this end. II is expected that be-
fore the resolutions are prepared fo- pre-
sentatlon in convention. a representa-
tion Of those interested will call at the
White House and ask the President for
help Whether the propositions will be
referred 10 in the resolutions may de-
pend in considerable measure on the
Presidents attitude
OF these questions. one relates TO ns-
tional banks ledinS on real estate
security. This has never been per-
mitted. and many national bankers be-
lieve ii should be. There are good ar
guments on both sides. bus in recent
years the feeling in favor OF giving this
power has been growing.
Would Lend on Realty.
1T was not so important that ma
tional banks be allowed TO lend on real
estate,' explained n banker. until Con-
gress. by authorizing national banks
with small capital. attracted a much
larger proportion of banking capital to
accept the national form of o-ganiza-
ton The changing OF many private
and State institutions into nationals has
left many small communities without
any banks that have power to lend q
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1905-10-10
THE SUN
TIDE TABLE.

k3lRn tlue 81 D.
Low tide tomorrow 2:44 a m, / :06 p m
HiGh tide Tomorrow. .6:I m. Csc y. m.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1905-10-10
king OI AUSTRIA
DEf|[S HUNGARY
Parliament Prorogued De-
spite Coalition Demands.
EXCITED CROWDS GATHER
Prompt Action on Part of Soldiers
and Police Prevented
Clash.

BUDAPEST. Hungary, Oct. 1O.-With
the reconvening of parliament today.
the expected imperial rescript pro-
roguing the session was read. The new
adjournment is taken until December Ie
The length of time for which parlia-
ment is prorogued is severely criticised
Such tumult followed the reading of
the imperial rescript and protest made
il behalf of the coaiitionists by Count
Julius Andrassy that the president
finally suspended the session.
The greatest excitement prevailed dur
ing all the time the parliament was IN
session. Immense crowds had gathered
at the parliament house in anticipation
of witnessing stirring scenes. The keen
est interest is manifested by the people
In the recent developments of the quatr-
rel between the crown and the coalition
leaders.
Galleries Were Packed.
The galleries of the chamber were
packed with people Crowds filled the
whole interior of the parliament house.
A lively scene was presented when the
session was called TO order.
The fact that parliament will be pro-
rogued until December I9 had become
known before the session opened. and
Was lne one topic or discussion of the
deputies who swarmed the corridors.
Angry criticism of the length of the
adjournment ordered by the King was
freely offered
The excitement spread to the GAL
leries, where the people eagerly awaited
the action Of the house
In anticipation of serious disorders. a
strong guard of .lolice had been placed
about the parliament house and ali ap-
proacheS To the building were carefully
guarded. Officers swarmed everywhere.
ready TO quen any disturbances which
might arise
Premier Called Coward.
When the sitting was opened a letter
was read from Premier Fejervary. an
nouneing the adjournment. The latter
was greeted with such shouts OF derision
that IT was heard with difficulty
Shouts of Coward were heard from
every side As neither Baron Fejervary
nor any other members of his ministry
appeared to support the action ordered.
Count Julius Andrassy spoke for the
coalition. He made a vigorous protest
against the adjournment He was
tumultuously applauded in all his re-
marks and the noise and disorder be-
came so great that the president sus-
pended the sitting.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1905-10-10
Matter of Taste.

Continued on Second Pagel
Omaha daily bee., 1905-07-15

he should be held responsible, in some
degree at least for that which went on
under his very eyes. II seems evident
that he has not been as careful and vigi-
liant as a man in that position should be.
Doubtless he, like Secretary Wilson, had
implicit confidence in the employees of the
bureau, yet in view Of the fact that for a
long time there had been more or less
criticism and suspicion regarding the re-
ports the chief statistician cannot be held
to be wholly faultless respecting the ir-
regularities developed. At all events he
certainly does not now enjoy the general
confidence, which he had prior to the dis
closure of the cotton crop leakage and
therefore It would be a mistake to let
him remain at the head of the bureau.
1t is stated that President Roosevelt
has in Characteristic fashion taken hold
of the matter, which means that no eff
fort will be spared to make the investi-
cations that have been instituted thor
ough and unsparing In this the secre-
tary Of agriculture will undoubtedly be
found equally earnest and determined.
Meanwhile some changes from former
methods have been made which 1t is be
lieved will prevent in future any such
practices as have been disclosed. Still
reorganization of the bureau Of statistics
is manifestly desirable as soon as 1t can
practically be accomplished.
Omaha daily bee., 1905-07-15
Krsrrar RArKrre eRowrH.

There has been a remarkable growth
in national banking during the past FIVE
years particularly In the west and south,
where marked advantage has been taken
Of the law Of 1900. which made the or
ganizatiOn OF national banks easier and
more profitable on smaller capital. A
Washington dispatch says that a treas
ury official, in speaking of the national
bank situation In the west, with refer
ence to which it appears there has been
some criticism and even alarm, admitted
that banking boom almost amounting
to imitation has been and is in progress,
but he did not think there is any ground
for alarm. The official is quoted as say
ing that undoubtedly there has been bad
banking in places, but it was the work
Of individuals acting as individuals and
does not indicate a general tendency to
looseness or to excessive speculation.
He observed that instead of imitation
being general as assumed by those who
profess to be alarmed at the situation,
there are too many institutions which
are conducted even too conservatively,
carrying unnecessarily large reserves.
Whether or not the growth Of national
banking in the west has been more rapid
than the increase of wealth and the de-
mands Of steadily expanding business
justified could not be easily determined,
but it may fairly be doubted. The hun
dreds of small banks that have been
organized since the law Of 1900 has
passed were undoubtedly called for by
the business conditions IN the communi-
ties where they have been established
and they have been an important factor
In promoting the welfare of those locan-
ties. They have very generally been
conducting their business on careful
and sound basis and very generally, It
can be confidently asserted, are in as
good condition at this time as the banks
of any other section of the country.
There is no reason, therefore, for any
feeling Of alarm respecting the western
banking situation. No undue initiation
has taken place, as shown by the last re-
ports of the western banks, nor is there
likely to be any, at least in the near
future. Western bankers are as rule
conservative. They do not generally
make money for their institutions by
aiding or encouraging speculation. We
venture to sn- that the bankers of no
other section of the country exercise
greater caution In their affairs than is
observed by the bankers Of the west.
Western banking has simply kept pace
with the growth of western business,
wealth and prosperity. It is one of the
evidences, and by no means the least
substantial, Of the remarkable progress
of this section in recent years. Those
who profess to see any danger in It prob
ably have a very superficial knowledge
Of the conditions. They are not thor
oughly Informed as to the rapid and
great advance the west has made in a
few years. And this section is still
progressing and creating additional de-
mands for banking
Omaha daily bee., 1905-07-15
when the President Blushed.
Brooklyn Eagle.


Miss Katherine D. Blake of this city sec
onded vote of thanks to the president at
Ocean Grove yesterday incidentally, Miss
Blake took occasion to say:
HE 10 the greatest teacher of us all, for
he is a teacher, not of children, but of men,
nay, more, Of nations; and as we watch
the work Of our great peacemaker we all
hope that success may shortly crown his
Efforts"
The president Is described as having
blushed. He might well. Perhaps Miss
Blake overstated her case to some extent
II is much even for a president to be told
to his face that he is a teacher Of nations.
But the tribute was not altogether a flight
Of imaginaton-there is no duplicate
Of Roosevelt. He is here there and every
where, charged with vitality seemingly ex-
haustIess, always the exponent of the high
est possible ideals, sincere. emphatic and
impressive. And he is contagious.
Omaha daily bee., 1905-07-15
THE BUREAU OF STATISTICS.

Another charge is made against the
bureau Of statistics of the Department Of
Agriculture. 1t is alleged that the Stats
tics on tobacco have been manipulated in
the interest Of the Tobacco trust and an
investigation has been instituted. Thus
this bureau is now undergoing two in
vestigatiOns and it is possible that others
will be found necessary before those al
ready begun are ended. According to
reports from Washington the president Is
likely to order a general investigation
and certainly there seems to be very
good reason why this should be done. II
is said to be the belief of Secretary VIII
son that there have been irregularities
In the estimates of all the crop reports.
The disclosure OF the cotton crop leak
ages and the charge that tobacco sta
tistics have been manipulated in the in
terest OF the trust inevitably casts dis
credit upon all the reports. The natural
inference is that there has been a sys-
tematie juggling with the statistics on
the part OF some of the bureau employees
who are in position to do this. There
fore a general investigation seems neces-
sary In order to IL possible discover how
extensive the wrongdOing has been and
who is responsible for IL.
What appears to be imperatively re
quired is a complete reorganization OF
the bureau. Confidence in fits reports has
been very greatly impaired IL not en-
tirely destroyed and cannot be restored
II those now in charge are retained. No
formal charges have been made, against
the chief statistieian, Mr.. Hyde, in con
nection with the Irregularities disclosed
and alleged, still there is feeling that
Omaha daily bee., 1905-07-15

Senator Burkett's idea of keeping in
touch with the party has been again
exemplified by the senator's appearance
as a delegate to the nominating conven-
ton held by Lancaster county repub-
licans, and his service in the conven-
ton as presiding officer. Although an
old idea in other states, this is a COM
paratively new idea in Nebraska, where
the leaders hitherto. who have been ele-
waited to the highest positions of honor
and trust, have conceived IT to be neces-
sary to draw aloof from the party coun-
ellis and let the organization steer at
haphazard as best it can.
Omaha daily bee., 1905-07-15
RAILROADS COVE powN.
Significant Eject Of Public Demands
ForcefuIIy Directed.


Chicago tribune.
Chicago shippers have charged that they
were being Disseminated against when
shipping goods to Illinois points in favor
OF the shippers Of Detroit, Cincinnati and
other places, and asked the Illinois railroad
and warehouse commission to correct the
abuse They made good their case and It
was reported that the maximum rate would
be reduced 10 and perhaps Is per cent. The
railroads loudly protested. A reduction
even OF 10 per cent they said, would bank
rupt many lines. II would be practically
c6nfscation OF property.
The Chicago shippers could not see how
that was. They were demanding no lower
rates than some Of the protesting roads
gave in other states and In this state on
shipments originating outside II. II became
evident that the railroad and warehouse
commission agreed with The shippers and
that Governor Deneen would do nothing to
head of action by II. Then the railroads
saw a great light. The specter Of bank
ruptcy ceased to haunt them. Anticipating
the commission, they cut their rates 80 per
cent on all shipments from Chicago to
points south of this city and west OF the
Illinois river The reduction being volun-
tary. there seems no reason TO fear the
roads will be forced by Il to quit paying
reasonable dividends.
Similar Incidents have repeatedly hap
pened in Illinois and in other states. II
the railroads, instead OF waiting to be
compelled to, would change their rates
when they plainly ought to. and II. instead
of deliberately misrepresentlng the prob
able effect of proposed regulations, their
Spokesman would honestly give public Of
flcials and people the benefit Of their ex-
pert opinion there would be a great deal
less danger of theiy being unfairly dealt
with
Omaha daily bee., 1905-07-15
WHEN OMAHA Is RoUSEp..

The magnificent showing that is being
to the Young Mems Christian association
building fund Of 800, 600, which was to
be raised within two weeks, affords an
excellent illustration Of what Omaha
can do when thoroughly reused and en-
listed in a practical proposition.
What Omaha has done In the past in
the way Of promoting public and private
enterprise shows best what it can do in
the present and future. To use phrase
Of the street, people of Omaha have on
various occasions "been up against a
pretty tough proposition" but thanks to
their perseverance, persistence and pub
lie spirit, they have never given up be-
fore reaching the goal.
What Omaha is doing now for the en-
couragement of new building projects
and business ventures is only paving
the way for what is to come in the near
future. A manifestation of willingness
to assist in public enterprises is sure to
stimulate private citizens and corpora
lions to investments in modern store
buildings and warehouses, and business
expansion to new or only partially cul-
tivated fields. Plans are already laid
to fill in gaps in our building line that
will keep Omaha well to the front among
the cities of its size and class, and in
all probability put it ahead in a short
time Of several competitors in the race
for commercial supremacy in this Sec
ton.
Omaha has the geographical situation,
1t has the resources, it has the men, and
1t has the spirit-all the factors that
make the winning combination.
Omaha daily bee., 1905-07-15

A writer In one of the Lincoln papers,
reciting some of Nebraska's recent politi-
cal history. recalls the fact that "all the
prominent republican newspapers in
Nebraska, except The Omaha Bee, we're
badly infected with the free silver craze,
or some brand of it." He might have
added that on the cardinal principles of
republicanism In this state The Bee has
always been the most steadfast and
safest exponent.
Omaha daily bee., 1905-07-15
A SERIOUS QUESTION.

Republicans of Lancaster county in
their convention have nominated to. go
upon the ticket to be voted this fall
candidates for register of deeds and
county commissioner in disregard of the
biennial election laws enacted by the
last Legislature relating to these offices,
which would extend the terms of the
present incumbents for a year. Lancas-
ter county republicans have been per-
suaded to this course by advice to the
effect that the constitutionality of these
laws is questionable and that nominal
tons now made would be a safeguard
against an election by default should no
party nominations be made and the law
be declared void; whereas, should the
law be upheld, nominations would
amount to nothing more than harmless
pastime.
This raises a question which is still
more serious to the voters of Douglas
county. The new primary law, which
applies here, but to no other county, pro-
vides an exclusive method of nomination
and the list of offices to be filled Is to be
embodied in a proclamation issued by
the county clerk calling the primary cleo
ton. Under this law 1t win apparently
be impossible to nominate candidates for
register OF deedsan county commission.
ers in the regular manner in anticipation
Of the possible voiding of the biennial
elections legislation The dilemma Is
one which calls for speedy solution and
it is to be hoped the lawyers win find q
satisfactory Way ont
Omaha daily bee., 1905-07-15

II is pleasing to announce that the
Big Muddy is again navigable stream
at this point, the embargo laid upon our
shipping by the man behind the Illinois
Central bridge having been raised. Gov
ernOr Mickey can, therefore, send the
naval reserves back 10 the pillow and
countermand the order for the battleship
and the horse marines.
Omaha daily bee., 1905-07-15

The water works appraisers have been
enjoined on petition of the water board
from proceeding further with the valua-
ton OF the water plant. But there is
nothing in the injunction to prevent the
members of the Omaha Water board
from continuing to draw their salaries
for doing nothing.
Omaha daily bee., 1905-07-15
Young Woman, "ForEet ~"

President Hyde of Bowdoin in his Welles-
ley addresses also advises young women
who graduate from college to forget N''
In their after relations with other people.
The frequency with which this bit of adj
vice is given indicates that in respect to
self-conciousness the college for women is
nowadays just about where the college for
men used to be ten or twenty years ago.
Omaha daily bee., 1905-07-15

There may be mistakes or worse In the
cotton reports and chicanery in the to-
baccO statistics, but the man who would
attempt to fool llama Jim" Wilson
when 1t comes to corn and hogs does not
hold office under him.