davidaulloa/AmericanStories huggingface dataset:
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1906-12-04

have recently been proposed by expert
committees Of bankers. Among the
plans which are possibly feasible and
which certainly should receive yonr
consideration is that repeatedly
brought to your attention by the pres
ent secretary OF the treasury. the es-
Sentiai features of which have been
approved by many. prominent bankers
and business men. According to this
plan, national banks should be permit
ted to issue specified proportion OF
their capital in notes of given kind,
the issue to be taxed at SO high rate
as to drive the notes back when not
wanted in legitimate trade. This plan
would not permit the issue Of currency
to give banks additional profits, but to
meet the emergency presented by times
Of stringency.
s2,s "spasms of High Money!
I do not say that this is the right
system. only advance it to empha-
size my belief that there is need for
the adoption of some system which
shall be automatic and open to all
sound banks, so as to avoid all posi-
bility of discrimination and fayorifism
Such a plan would tend to prevent the
spasms Of high money and speculation
which now obtain in the New York
market, for at present there is too
much currency at certain seasons of
the year. and its accumulation at New
York tempts bankers to lend 1t at low;
rates for speculative purposes, whereas
at other times when the crops are be-
ing moved there is urgent need for a
large but temporary increase in the
currency supply. 1t must never be for
gotten that this question concerns busi-
ness men generally quite as much as
bankers Especially is this true OF
stockmen, farmers and business men
In the west, for at present at certain
seasons Of the year the difference In
interest rates between the east and the
west is from 6to 10 per cent, whereas
in Canada the corresponding difference
is but per cent. Any plan must, of
course, guard the interests Of western
and southern bankers as Ncarefuily as
( 1t guards the interests Of New. York or
Chicago bankers and must be drawn
from the standpoints of the farmer and
the merchant no less than from the
standpoints of the city banker and the
country banker. & ~
The law should be amended SO as
specifically to provide that the funds
derived from customs duties may be
/ treated by the secretary of the treas
ury as he treats funds obtained under
the internal revenue laws. There
should be considerable increase In
bills of small denominatio tons. Permis-
sion should be given banks, if neces'
sary under settled restrictions, to re,
| tire their circulation to larger
amount than three millions month.
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1906-12-04
CURRENCY REFORM.
Serious Defects In Present systam
. Pointed Ont.

especially call your attention fo the
second subject-the condition of on,
currency laws. The national banl, .ct
mas ably served great purpose in
aidihg the enormous business develon.
ihent OF the country, and within ten
! years there has been an increase in
circulation per capita from S214 Al to
qoo'oo. For several years evidence has
oeen accommodating that additional leg
lslaIon is needed. The recurrence of
each crop season emphasizes fbe do
fects Of the present laws. There n,,s+
/ soon De revision Of them. because TO
ieaVe them as they are means to ipcpr
haoiiity OF business disaster. Since
your BODY adjourned there has been =
nuctuafion in the interest on caII MN
ey from per cent to 80 per cent and
Ine nucfuation was even greater d,,r.
ing the preceding six months. The sao.
! rotary of the treasury had to sion +,
ana ny wise action put stop to the
most violent period Of oscillation
Even worse than such fluctuation is
.ne advance In commercial rates and !
tne uncertainty felt in the sufficiencv
u credit even at high rates, All com.
aerciai interests suffer during eacb
crop period, Excessive rates for call |
money In New York attract money |
nom the interior banks into the snecn-
iative field. This depletes the fund /
q that would otherwise be available for
commercial ON. uses. and commercial hor-
70 .''s are forced to pay abnorn3a,
rates s. SO that each fall a tax In tba
shape Of Increased interest chareas IL
placed on the whole commerce Of tbs
country. 81 & & J ~ 4 u 'l'e
Inc mere statement of these facts
SHOWS mat otir present system is seri-
onsly defective There is need a. .
cnange. Unfortunately. however. many
o. Inc proposed changes must be r,,Iad f
Tom consideration because they are
complicated. are not easy of comnre.
ashslon and tend TO disturb existsnc
'agnts and interests. We must alse
'uie out any plan which wonIa M.
! ,sfaaliy impair the value Of the fJnitaf.
states 2 per cent bonds now PLEDGED - e
'ecure circulation, the Issue of yyhich
gas made under conditions peculiarly
reditabie TO the treasury. Il A nat b
'ress any especial plan. Various plans
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1906-12-04
=. PHILIPPINE TARIFF.
Lower Rate Of Absolute free Trade
q y ID Urged,

l most earnestly hope that the bin to
provide lower tariff for or else abso-
lutte free trade in Philippine products
VIII become a law. No harm will
come to any American industry, and.
/ while there will be some small but real
material benefit to the Filfpinos, the
main benefit will come by the show
ing made as to our purpose to do al, in
our power for their welfare. So far
our action in the Philippines has been
abundantly justified. not mainly and
indeed not primarily because of the
aoded dignity it has given us as a
natlon by proving that we are capable
honorabiy and efficiently to bear The
international burdens which q mighty
people should bear, but even more he
cause of the immense benefit that has
come TO the people Of the PhiIippine
Asiahds. In these islands we are stead
ny introducing both liberty and order
TO greater degree than their peooie
nave ever before known. We have sa-
cured justice. We have provided an
ehclent police force and have put
uown ladronism. Only in the islands
oi Leyte and Samar is the authority
OF our government resisted, and this by
WHO mountain tribes under the sinner
stlflous inspiration of fakirs and pseu-
90 religious leaders. We are constant
~ increasing the measure of liberty
accorded the islanders, and next sDriD.,
II conditions warrant, we shall take q
great stride forward in testing +heir
for self government by sum-
monlng the first Filipino legislative as
semoiy' and the way in which they
stand this test viii largely determine
"aether the self government thus
granted will be increased or decreased,
lor II we nave erred at all in the Phil
ppihes II mas been in proceeding too
'apiuiy In the direction Of granting =
arse measure of self government We
Ire building roads. We have, for the
good of the people ar
anged for the building of railroads
yet US also see to it that they are Civ
IL Tree access TO our markets. This
latlon owes no more imperative duty
itself and mankind than the duty of
managing the affairs of all the islands :
noer the American fag-the Philip- -
ines. Porto Rico and Hawaii-so as. II,
lake it evident that it is in every way
their advantage that the flag should .
over them.
: Porto Rioan Affairs. s.
American citizenship should be con s ri
'rred Oh the citizens of Porto Rino
ne harbor of San Juan in Porto R,ca n szz
lonld be tiredged and improved. The
,penses OF the federal court Of porto
leo should be met from the federai
easury. The administratio of HE
fairs Of Porto Rico, together VIII,
ose OF the Philippines, Hawai-, ana s
other insular possessions sl,o,1,sl
& directed under one executive 10
rtment by preference the slepart.
'nt OF state or the department Of
Fawaii.
me needs OF Hawaii are pec,, lsar
cry ala should BE given the islands
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1906-12-04
INCOME TAX DISCUSSED.
Both This and inheritance Tax Strongly
Advocated.

The question Of taxation Is difficult
IN any country, but IT is especial diff
ficult in ours with its federal system 81
Il government. Some taxes should on eY.
cry ground be levied hi sinai, lis.
I trict for use in that district. Thus the
taxation of real estate Is peculiarly
one for the immediate locality in which
the real estate is found. Again, there
4 is no more legi timate tax for any state
1 than Al tax on the franchises conferred
BY that state upon street railroads and
similar corporations which operate
wholly within the state boundaries,
sometimes IN one and sometimes ID
several municipalities or other minor
divisions Of the state. But there are
many kinds Of taxes which can only
be levied by the general government So
as to produce the hest results. because.
among other reasons, the atternpt 10
Impose them In one particular state too
often results merely In driving the
corporation or Individual affected to
some other locality or other state. The
national government has long derived
Its chief revenue from d tariff on ia. 1
ports and from Mn internal or excise |
tax. In addition to these, there Ii eY-
cry reason why. when next our sys-
tenn Of taxation Is revised. the national
government should impose graduated
Inheritance tax and. IL possible, grad
uated income tax The man OF great +
wealth owes peculiar Obligation ia L
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1906-12-04
PRESIDENT / MESSAGE


1si ' .-------
Continued from page 3.
exercise such supervision as vii! In,
sure Its being conducted in the inter-:
est Of the nation. Our aim Isl SO far
as may be, to secure for all decent.
hard working men equality of oppor-
tunity and equality of burden.
Necessity 81 Combinations,
q The actual working of our laws has
shown that the effort to prohibit all
combination. good or bad. ID noxio,,s
where 1t Is not ineffective. Combina-
ton Of capital, like combination of ii.
Dor, Is a necessary element of our pres.
ent Industrial system, It is not posi-
BILE completely to prevent it, and If it
were possible such complete preyen-
ton would do damage to the body Dol.
itic. What we need Is not yainly to
try to prevent all combination. but to
secure such rigorous and adequate con
troll and supervision Of the combina-
lions as to prevent their injuring the.
public or existing in such form ais In
eYitably to threaten injury. for the
mere fact that combination has se.
cured practically complete control Of
. d necassarv of Jifa wn,,,d ,,,,dar !. J,
circ,,m stancas s,,o,y. that s,,ah 49,;
natinn waa Is ID n,e5 - ~
VERGE a. tI,a n,,l,I,,. ta,ast S s. &, 4
fortnnata +,,at !. ,,r, = ~
for,id air IN, 1; !,
q r,,,, 8, !; 1
,s 49,,
80, {; : s1 s. : -
a Ia, 49,. ' a =. q !.
,7,,F = ~, -. s I. = z y 81 .en
49,, 80 i. = ~ s
sta - ~ Il, .lo - ,iie
- s.isu 90 nas peen
~ III, J, - tion q
;n;+; y. y .l.isls, g g lne
y. ! - zen TAI
$3.50 Nouu US g coInDine TOE the the
y pleyeill lhg g pig shipper el
llis'. improper adVantages
E. Wy - peilse OF smali Shippers ana
general uDllc. sucf g combina-
]. ION, instead OF being forbi ddens BY,
NV, should sl1'o be favored. In other words,
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1906-12-04
MARRIAGE AND DIVORCE.

Ia's Whole Question Should BE Resu.
lated BY Congress-.
! am well aware of how diHiculs it a
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1906-12-04

Continued On Page ]. !
The Waxahachie daily light. [volume] (Waxahachie, Tex.) 1894-current, 1906-11-21

BY @ mutual agreement OF the at
torueys representing l.. r. Graham
ct al and the WaXahachie Skating and
Amusement Company q test was made
last night of the organ which was
the uaus" of the injunction being
granted the other day Tho organ
has been enclosed loo % large box,
which was constructed with % view
tu deadeuius or muffIna the sound
of the instrument The test last night
was mot quite satisfactory to- the
plaintiffs Zoo .N. case and I'm order 20
u.N.a further experiment action has
h... suspended Tor 30 few days
The Waxahachie daily light. [volume] (Waxahachie, Tex.) 1894-current, 1906-11-21
r no MI s. n
JeWeIry Co


n. w Burleson and RUFF Hend-
ricks. the retiring district and county
clerks respectively are at work on
their last reports. These reports will
show the amount of business trans
acted Ina the different departments
under their administrations. and
each viii be quite yoluminous. Sew
eral days viii be required to complete
this work.
G.. G. Sweat the efficient office
deputy under Sheriff Minnick. is pre-
pairing Mr. Mnuick's final report. As
there are hundreds of papers in crimi-
nal and civil cases disposed of and
pending, to be listed in the report this
task is no small undertaking.
The Waxahachie daily light. [volume] (Waxahachie, Tex.) 1894-current, 1906-11-21

Many men and women catch cold
at dances which terminate in pneu-
monia and consumption. After ex-
posure, If Foley's Honey and Tar
is taken it will break up a cold and
no serious results need be feared
Refuse any but the genuine In a yet
low package. b. W. Fearis
The Waxahachie daily light. [volume] (Waxahachie, Tex.) 1894-current, 1906-11-21
LOCAL NEWS.


LOCAL NEWS. =
n IS Smith was here today from
Euula
pr Daty Of Palmer was In town
today.
r w McCarty. OF Lancaster. was
iu Inc city today
See IL. u. NcCombs for Fire and
Tornado Insurance.
See Adkins Rocket Co. for fire III
surauCe over Matthews Bros. eos
a large number Of hogs have been
killed during The present cold spell
Have your holiday photos made
now at Mrs. c, l. Jacksou's Studio.-tf
Money Back" satisfies users Of
package coffee Ask your grocer 81
7. L.. Pecler. Of Dallas. commercial
agent of the Katy. was in the city
today
Mrs Jim veasgy Will entertain the
Euchcr Club Friday afternoon at
ESQ. 9S
Wanted pair of second hand
counter scales WaNahachie Lumber
Company II
when YOU need plumber call
Bunkley with F. s Cronk Co Both
phones "a. II
Free Skating Mt the Main Street
Rink Tuesday and Friday mornings
Of each week II
Gardwcl' Lots will double in
value In six months G Corn
Well WNahachie doO-w48
A girl. weighing eleven pounds.
was born yesterday morning to Mr..
and Mrs W A. Ownby
If you want q better package cot
fee ask the grocer for Money Back"
Satisfaction guaranteed. 81
Ladies skate free at the Main
Street Rink Tuesday and Friday
| mornings of each week If
/ Bardwcll! Lots viii be raised 10
per cent after Dec. l. Buy now .-
J. G. CornweH, Waxahachie. dO0-w43
The f. 5. Cronk Co, is headquar-
ters for all kinds of garden hose
Prices right. Both phones No. 81 If
You can get a beautiful switch or
pompadour to match your hair, or
your money back. at Mrs. Dalton's 9S
Bishop Garrett of Dallas preached
and confirmed class at St PauTs
Episcopal church this afternoon at
40
The Waxahachie daily light. [volume] (Waxahachie, Tex.) 1894-current, 1906-11-21

refers to the quality and grade OF
jewelry at this store, but as to price
never, For the daintiest. choicest
and most stable articles of jewclry
prices here are always low
NEW STYLES JEWELRY
like we are showing are artistic,
beautiful. durable and guaranteed as
represented. See our stock before
buying If you don't you will regret
The Crittenden record., 1906-12-21

give any information desired along
these lines.
As to Gulfport I, will undoubtedly be-
come one Of the leading coast cities Of
the country As IL harbor and chan
mel are superior TO Mobile and New
Orleans and deep water only seven
miles away As against 10 for Mobile
and 10 for pier first constructed by
Capt. J. I. Jones is now In prospect,
the government is completing the work
Of deepening the blg channel To deep
water. another railroad is coming in.
and soon the cities will have eonnec
ton with all the great markets. In
the hArbor side hundreds Of ships come
TO load lumber ~hich !. carried in by
the railroads and loaded direct from
car To ship, from what is now the lar
gest tracts Of yellow pine In the country.
Property Is high and jumps over
night and the farming section at Wig.
gins will soon command double the
prevailing prices. The climate - de-
hghtful, healthful and MIGRATORY and I
would advise those who want TO escape
rigos, snow and sleet not To mention
mud Of Kentucky winters. 10 come 10
the California Of the South, where
there s work for all. health, wealth
and opportunities galore. Gulfport.
Miss. Respt
N. l.. MORGAN.
The Crittenden record., 1906-12-21
Soldiers Letter

Dear Sir and Readers. thought
probably you might be interested In
Uncle Sans new deep water hsrbor and
port on the Gulf Of Mexico. and as a
former Kentukian. | write for the
benefit Of my friends TO tell them a
part for could not tell the whole Of
the wonderful prospects and opportun-
tiles In this California Of the South"
at Gulfport. Mas.
As Kentuekians We always have In
and out Of season. exploited our native
state and she Is hard To beat.
but were you TO drop down into
this blooming country. where Il Is
springtime all the winter. and the sum
mer's heat Is tempered with the health
ful and cooling gulf breeze. where the
flowers bloom perenaIly and early
vegetables and fruits ripen 80 soon As
To be first land AZ the highest prices In
the northwestern and western markets)
you might reach the conclusion that
southern Mississippi was the proverbial
Gods country" For instance had
Missouri's great peach corp prospects
20, 900. 900 trees been planted here they
would be worth about 60 per cent more.
Along the Gulf a Ship Island r. r.
from jackson 10 Gulfport are the most
productive lands. the finest climate and
a. beautiful country as ever was
seen. From the native grasses and
wide range allowed by the large com.
panies that own the pine tracts
would think this 10 be also one Of III,
proftabls stock raising countries In III,
world for the reason that there would
be necessary no winter feeding and N,
cattle would keep themselves.
Farmers especially truck and frui
farmers are rapidly pouring into hi
country about Virgins. a prospcrou
town Of about 5000 inhabitants. whcr,
Is one of the many and mammoth lum
bcr plsnts. one mill alone cutting 80.
co per day. This company offers re-
Muncrativo labor 10 all who wish Il
settle on the lands and in a talk viii
IL. w. Bauslcy. who is immigration
agent for the Gulf and Shin Island Ry
The Crittenden record., 1906-12-21
\, Ere,p,sd the c,p,,In.

Passing the pantry Of his boat oas
day. Capt Birch OF Gloucester. Mass.
overheard one Of the cabin Boys 10.
dulging In anlmadverslons on the Of.
fcers and crew. He turned q very
severe eountenanee upon the boy and
said: Young man. hereafter when
you have anything to say about any.
one about the boat, please except the
captain"
A few days later. when the captain
happened 10 Be oa deck. the sane
cabin boy carried past him a dish Of
food prepared for the table. and q pet
hcg running between the boys LEGS
upset him. scattering the food.
Picking himself up. with q most
rueful countenAnos. the boy com.
meneed beraung the hos. You are
the miserablest hog ! even seen" he
began. when. catching a view Of the
old man. and remembering his infuae-
ton. he added. except the captain
The boy has had a secure bsrth q
Capt Birch's boat ever since.
The Crittenden record., 1906-12-21
DON'T JOKE IN ENGLAND.
Warning In the Fate Of Paragraph
About Famous Big Ben"

The worst OF the sportiye style In
news writing is that II sometimes
leads TO misunderstanding The Lon.
don correspondent OF a Manchester
paper sent the other day a humorous
account OF the renewing OF the hands
OF the great clock Of parliament It
ran thus:
"A wellknown character. who has
lived In Westminster all his life and
Is familiarly known to many London
ers as Ben, underwent a serious op-
GRAFTON this morning.
AS Westminster hospital was too
full to allow Of him having a bed.
the operation was carried out by two
doctors In the open air and 10 the
presence of q large crowd.
Both OF Ben's hands were taken
of-successfully and rapidly. A new
pair will be provided for him"
This seemed q curious but BY no
means an amusing piece Of intelli.
gence 10 the Manchester star Of the
paper They put II In . prominent
position among the days painful 90
currences, nett to . paragraph headed
Maniac Kills Seven" and gave II the
following headlines:
OPERATION IN THE OPEN AIR
Big London Crowd Watched Mans
Hands Taken on.
Which proved that II 10. even n
these frivolous times. still possible
10 be too funny.-London News
The Crittenden record., 1906-12-21
JAIL BARRED TO HIM.
American Prisoner In China Receives
Cold Welcome.

When the Chinese day watchman at
the American consulate went his
rounds the other morning he discov-
cred that one OF the cells that should
have contained a prisoner was empty.
Door and window were intact, and
there was no sign to show how the
occupant of the cello. s. Buttrick-
had effected his escape. Buttrick was
serving a sentence OF three years Inn
prisonment on a charge Of embezzle-
ment. which was heard at Tien-tsin.
The night watchman, who was at
first suspected OF connivance In the
escape, returned to his post at seven
D. m. rs usual. He told a perfectly
straightforward story. He came on
duty, he said, as usual. at seven
o'clock the preceding evening. But
trick was then out for his daily walk,
but returning at about nine p. m.
called for a tansan and then retired
TO his cell. The watchman saw moth
ing more OF him, and when he left
at seven a. m. he placed the keys. as
usual, on table where the day watch
man would know where to find them.
Another version is that when But
trick returned from his evening walk
he was unable to get into the consu-
late. He knocked and rang for some
time without any response. and hs-
ally, in high dudgeon at the inhos
pitality Of the consulate. went else
where for his nights lodging. Our in
formant adds that he would not be
surprised II Buttrick turned up some
day to lodge a complaint against the
American authorities for locking him
out In this inhuman manner.-North
China News.
The Crittenden record., 1906-12-21
~une,, John,.- chIOs., Deal.

Down In South China, Ne. vas .
good old Quaker. Uncle John Jones.
whom everyone knew and respected.
A slight defect In his speech added In.
teresi 10 his remarks Uncle John
raised poultry along with the other
products Of his farm. One morning
he discovered that a number of his
chickens were missing Having his
suspicious as 60 Who the thief might
BE-. be lay low. and finally recovered
his loss
Upon his next visit 10 the corner
grocery store the loungcr we're In.
icrrstcd 10 know how he recovered
them. Uncle lohn said. Z sent 70
that fellow Tor the third and last
time. and told him 10 bring back my
chickens. and he brought back chick.
ems that | had and chickens that
never knew had
The Crittenden record., 1906-12-21
Reason for Madness.

Richard Mansfield at dinner party
In New York contributed an anecdots
TO the old question OF the sanity Of
Hamlet
One morning In the west" he
said, 4 met q young friend Of mine
and asked him where he had been
the night before
81 went my young friend replied.
TO see So-and-so's Hamlet
Aha, did your said I. Now. tell
me-do you think Hamlet was mad ?
~ certainly do. said he. There
wasn't 800 In the house"
The Crittenden record., 1906-12-21
Crane Fled From 70.

Actors are no,orlously superstllious.
and W. ". Crane Is no exception. One
day. when he found himself In room
II at a hotel. he Immediately demand.
ed that he be transferred.
But eIpostulaled the clerk. this
Ia the best RON In the house lt's a
RON. too. In which many eminent
men have lodged, Why. your old
friend John T. Raymond often occu.
pied T."
Indeed. mused Crane. somcwha,
molllhed. dear John and be really
stayed herei"
Yes. sir. be died In this verr
room
Crane aed to another hotsl
The Crittenden record., 1906-12-21
Hertzean Waves a Sea

A German scienust has invented
an automatic mechanism for prevent.
ing collisions at sea, based upon the
use OF Hertzean waves. Miniature
wireless telegraphy plants are to be
installed on vessels. effective within
q thousand yards radius Two YES
sells fitted with apparatus approach.
ing each other In a fog and with the
mechanism set would at 1000 yards
give mutual and automatic warning
BY acting upon each others signal,
which would. In its turn automati-
cally stop the engines.