davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1907-10-25
AN IMPORTANT MOVE.
Steamboat Men Want River Traffic and
 Rates Regulated.

Cincinnati, October 24.-The initiative in a national movement of steamboat men for legislation affecting the inland water ways of the United States was taken in this city yesterday. It was voted to embody in a resolution two paragraphs calling for the severance of inspection laws governing the inland rivers of America from those governing the lakes and sulfs, and that the inland river transportation traffic be placed under the laws of the interstate commerce com mission.
 These two paragraphs will be embodied in letters to be sent to river men in all parts of the United States, who will be asked to attend national meeting in Washington December 3. A permanent organization of inland waterway inter ests will be formed. Temporary officers are:
 President-James A. Hendedson, Pitts burg.
 Vice PreSident-Henry Leyhe St, I,ouis.
 Secretary-Treasurer- w. Drown New Orleans.
 The conference was attended by steam boat men from Memphis, Pittsburg Nash yale, New Orleans, Paducah Natchez. Chattanooga, St. Louis, Louisville and Cincinnati.
The Birmingham age-herald., 1907-10-25

ing s6O,O00, 900, does a gross annual business of only $31 ,00o ,OOO, thus re- quiring three years to turn over it's cap ftal. It has watered itself until 1t has no more money to invest. It has bor- foWed upon everything it has. It can not earn any more money unless it ca do more business, and it cannot do more business because it has not the money with which to do it.
 The newspapers insist that the paper manufacturers who induced Congress 10 protect them against competition rom abroad are under obligations to provide for the present and prospective demands of consumers in this country To repress manufacture, or to starys the market so that the paper maker IS In position bo create a famine and. to stop the supply to any publisher, should rank as crime. Many newspaper pro prietors are unable to obtain any quo tatfons for paper next year and do not know where to obtain supply. In all the history of crimes charged against combinations and trusts, such a situa tfon is unprecedented. It demands i'm mediate remedy
The Birmingham age-herald., 1907-10-25
TIDE IN MONEY AFFAIRS
 SUCCESSFULLY STEAMED
CONTINUED FROM PAGE 1.o

scene. in which the brokers gathered around the principal trading posts and gave cheers for J. P. Morgan and the members of the pool which had saved the day.
 The aggregate amount of money which had been contributed te weather the storm and restore confidence assumed truly col lossal proportions. Roughly estimated 1t includes $25, ,O0O,0OO which Secretary Cor teyou deposited with the New York banks. S25, ,000 900 which the Morgan pool brought to the floor, s10,000,000 which John D. Rockefeller deposited with the Union 1russt company as a means of stemming the tide of the Trust Company of America, and finally another $5o,OOO,OOO which it is understood MT. Rockefeller stood ready to advance to meet any fur ther stress of conditions, in all consider ably in excess $10o,O 100000.
 Many Conferences Held.
 The developments of the evening. dur ing which as was the case last night, there were several conferences, included the issuance by the state comptroller, Martin II. Glynn. of statement on the local financial situation and the announce ment of plans for the rehabilitation of the suspended Knickerbocker Trust company. The tentative plans for the knickerbocker as outlined by one of the officials, fol- lowing meeting of the board of direc- tors late today, provides for the lorma- ton among the directorate of pool Of some s5O00, 900 to guarantee the redemps tion within two years of interest bearing certificates which will be offered in set clement of accounts against the company, which cannot be liquidated at the pres ent time.
 As a preliminary step it was said that A receiver for the company would be appointed within couple of days with the approval of the directors. When the success of the certificate issue is as- sured the board will ask that the re- ceivership be terminated, with view to resumption of business. President A. Foster Higgins has offered to put s5O0,- 900 in the pool. It was given out that after investigation the securities for the Ice loans by former President Barney, had been found sufficient for the amount involved.
 This evening Secretary Cortelyou said:
 '''rhe situation seems to be steadily im- proving. It does not seem to me that there need be any practical cause for anxiety.
 1t was learned tonight that though there had been steady demand for treasury funds during the day, the $26,OOO.OO0 prof fered by the secretary had not been dis posed of when the examination of col lateral at the sub-treasury was concluded for the day
 At 1 o'clock this morning Clark Wil- lialns the newly appointed state super intendent of banks, made public this statement:
 ..So far as | have been able to learn during the short time which I have had to examine int9, the situation. l find all the banks under my supervision in this city to be solvent; and it will be only because of rash and unreasonable de- mands upon the part of depositors that will further endanger the situation.'
 At midnight, Secretary of the Treas ury Corteyou said:
 '.'rhe situation has improved so much that l shall make no statement"
The Birmingham age-herald., 1907-10-25

Yesterday was given up entirely to pleasure by the International League Of Press Clubs. The greater part of the day was spent in Ensley, where the dele gates were entertained right royalty. Last night the literary. symposium was given at the High school by the visiting delegates.
 After a brief rest from the festivities of the night, the delegates departed for Ensley at about 10 o'clock. There were some 200 in the party. On arrival in the Steel City they were met by Mayor Sugg and S. P. King, chairman of the entertainment committee, and marched to the industrial plants, Major Dodge in charge.
 Special policemen watched over the party, keeping them out of danger, and they visited each department of the steel mill being deeply interested with its inn mensity. The enormous electric cranes were run and their power displayed.
 The trip through the plant ended near the barbecue grounds, where all kinds of meats and fine salads were served. Numerous after dinner speeches were made. President Heating introduced Dan Hart, who made a humorous address. Dr. J. W. Stagg was full of negro dialect, and addresses were made by James Bow ron and Belva Lockwood. William Dum- bolt of Tennessee and MT. Beck closed the merrymaking. {
 The party also went through the South ern Steel company's plant and after re- treatments were served they returned to Birmingham well pleased with the city that rules the price of steel.
 Much credit is due the committee in charge of the entertainment. The dele gates were delighted with everything.
 The symposium at the High school was presided over last night zby President Heating Mrs Ada Cable of Bradford, Pa, read a paper on Newspaper Work, Mrs. H. H. Hayden Fink talked on "The Press in America" and Miss Will Allen Dromgoole of Nashville rendered some negro dialect stories which were fine. Miss Alice Fallon sang beautifully Waltz Brilliante," and was loudly encored.
 Miss Belva Lockwood. the lawyer, cele- brated her 18th birthday by reading a paper on Opportunity" As MT. Hart said she touched on everything from "Vesuvlus to Roosevelt
 The evening was closed in a most ac eeptable manner by Dan Hart with some touching stories.
The Birmingham age-herald., 1907-10-25
RUN ON PROVIDENCE BANK.
Money Held Out Until the Close and
 Credit Is Not Impaired.

Providence, R. l., October 24.-For three hours today a steady stream of deposbtors passed before the window of the paying teller of the Union Trust company of this city and withdrew the amounts they had deposited with the institution. When the bank closed it's doors for business at 8 o'clock, there were between 100 and 150 depostors waiting in line. When the bank was closed, Vice President and Sec retary Michael Dooley told the depositors that payments would be resumed tomor- row. It is generally understood that the large withdrawals were a reflection of the financial situation in New York, and were aggravated by Ihe fact that Mars den J. Perry, first vice president of the institution, is closely identified with the Trust Company of America.
 The Union Trust company was organ ized in 1894 with a capital of s50o, 900. Ac- eording to the statement issued by the in stitution on June 29 last it's condition was as follows Resources, $2S 23S, ,395; surplus, g, ,250, 900; deposits $25, ,465, ,636.
The Birmingham age-herald., 1907-10-25
All Banks Closed for Holiday

Goldield, New. October 24.--All of the banks of Goldheld were closed to- day in consequence of the governors proclamation declaring a holiday. The proclamation came as great relief to local banks. The State Bank and Trust company had already closed it's doors. At noon yesterday, d big run was in progress at the Wye & Ormsby bank, when banking hours closed and the run would probably have contin led this morning, had the banks opened. A run was also anticipated upon the third bank. that of John S. Cook & Co.,, on which a slight run started a few days ago. The Cook bank received $500,000 today from the Crocker & Woolworth bank at San Francisco, it's depository. The Cook bank reported an adequate cash balance of $1,000, ,000, but as the consolidated dividend of s33S,0O0 is to be paid out of this bank on Friday, the 18th, the bank today took the extra precaution of drawing on it's outside surplus.
 The Goldfield Consolidated stock eX- change has suspended calls for three days.
The Birmingham age-herald., 1907-10-25
TROUBLES NEVER COME slNGLY.
Woman Goes to Bank for Money and
 Her House Is Robbed.

New York, October 24.-Mrs. Theodore E. Schulz, wife of an automobile dealer living in the Bronx, had a comfortable sum deposited at the Harlem branch of the Knickerboeker Trust company. Read ing the accounts of the run on the insti- tuition and thinking that the doors would be reopened she left her home to with draw her account. With other dsap- pointed depositers she fingered around the closed bank until several hours had gone by When she returned home she found that burglars had ransacked the house. The thieves evidently knowing she was away, took their time and removed everything of value they could carry. The property was valued at 5000.
The Birmingham age-herald., 1907-10-25
Change of Plans Necessary.

Paris October A-Returning the sub scriptions already received, the officials of the French Westinghouse company de- clare that the abandonment of the pro- posed $S00,000 loan, which was desigued exclusively for she development of the French business, will necessitate change of plans if funds are not obtainable In some other manner Nevertheless they expect the faetories at Havre and Frein- vile will continue operations. They add that the majority of the stock of the French company is owned by the two American companies, for which receivers have been appointed.
The Birmingham age-herald., 1907-10-25
Depositors Will Be Paid.

Carson City, New, October 24.-Th ere is a decidedly better feeling through out business circles today. The Wye X Ormsby company banks, with it's branches, will be opened Monday next and the president, Frank Golden, makes the statement that all depositors will be paid in full.
 No other business failures reported in any of the towns where the banks are located. The directors of the State Bank and Trust company will hold an- other meeting after which, it Is said, a statement will be made regarding the amount of the liabilities. It has been given out semi officially that $4,000 900 in deposits are to be accounted for.
The Birmingham age-herald., 1907-10-25
Financial Freak,

Serious as this labor trust may ap- pear in some of it's aspects, it does not compare in objectionable features with a paper combination, which is probably the most remarkable financial freak that we can find in a long list of combination monstrosties. The printing and publishing business as a whole turns over it's capital in about ten months. Large department stores. that advertise energetically will turn over cir stocks about seven times a year, but the largest paper manufac- turer in the world-the International Paper company-with a capital exceed
The Birmingham age-herald., 1907-10-25
Edward Howard Griggs To Lecture,

A special lecture course VIII be de- livered in Birmingham during the second week in November by MT. Edward How ard Griggs. Those who know anything of MT. Griggs or his lecture studies will hail this announcement with pleasure. MT. Griggs is in such demand as lec- turer upon various phases of art and lit erature that it is necessary to engage him one year in advance Contracts were made with him for this course over one year ago. On Monday night, November H. he gives one of the lectures of the Lyceum course which will be followed by a special course of six lectures. deliv- cred to a special class of Birmingham's most cultured people. The subjects Of the course have not yet been announced. Those who have heard MT. Grisgs at Chautauqua and elsewhere will not fail to hear him.
The Birmingham age-herald., 1907-10-25
Bank May Be Reopened.

Helena Mont, October 24--A long dis tance telephone message from Butte says two applications were made in court yesterday for the appointment of receiv- CTS for the State Savings bank, which closed it's doors last week State Bank Examiner Collins gave out a reassurlng statement, which intimated that move ment is on foot looking to the reopenng of the bank
The Birmingham age-herald., 1907-10-25
Thorne Says But Little.

Macon, October 24-Presldent J. F. Hanson of the Central of Georgia today wired Oakleigh Thorne of New York, asking him for information of the re- ported sale of the controlling stock of the Central of Georgia. Tonight he re- ceived a reply by wire. signed Oakleigh Thorne. saying Absolutely no change in the situation
The Birmingham age-herald., 1907-10-25
Uneasy in Tokio.

Tokio October 24.-Meagre reports re- gardng the financial situation in New York, received by way of London and published here today, have created un- easiness on the Tokio Bourse, which has been in an extremely depressed condition for several months. Americans here are eagerly seeking further information
The Birmingham age-herald., 1907-10-25
ANTI PROHIBITION
 MEETING

At the Hippodrome tonight here will be a meeting at which speeches will be made by prominent business men, glv- ng their reasons for opposing ,rnhibition. The public invited.
The Birmingham age-herald., 1907-10-25
FAVORITlSM IS
 DAWES CHARGE
CONTINUED FROM PAGE 13

CONTINUED FROM PAGE 1)
 ~-~~S~-~~~~~~~~-~S~-~~~ contributed quarter billion and New York City alone contributed almost one quarter of the great total. There were two great divisions of this vast business book and job printing constituting one class, newspapers and periodicals the other class-the latter contributing over three-fifths of the output
 It is for the newspaper especially that I propose to speak. The newspapers and periodicals had reported capital invested of S239, ,00G 0OO, of which nearly $l00,000, 00 represented machinery. tools and imple- ments. They paid salaries and wages amounting to S1O6, ,000, coo per annum to 160.- GOO workers. They paid $6S,000 per annum for their principal article of use white paper They represented the intel lectual growth of the country; they ex- pressed it's desires.
 Sumbit to Exactions.
 Yet so scrupulous were they in the subordination of their own and immediate interests to those of the varying constitu- ences which they represented, that they submitted without material protest to eX- actions and expressions which no other interest would have tolerated. While all others were consolidating and planning to enrich themselves at the general expense, the publishing inteeests were maintaining a competition that reduced their subscrip- tion prices to the lowest limit. The news papers of the country that reached the minimum in price had increased their average size from 57-l0 pages in 1890 to j-1O pages in 1905. They improved their product and extended their scope until the circulation of the daily newspaper averaged one copy per day to every four of the entire population of the country. But all the benefits arising from the in troduction of typesetting machines. the perfecting of the printing press and the cheapening of the cost of white paper by the use of mechanically ground wood and the improvement of fast running paper-making machinery. were given to the public. In New York City, for in- stance 9o per cent of the total news paper circulation is on the 1 cent basis and this percentage will apply in many parts of the country.
 Decline of Profits.
 Within the five years from 1900 to 1905, capital to the extent of forty-seven mil lion dollars s4700o00o) had been added to the investment for newspapers aut periodicals; but the product per thousand
The Birmingham age-herald., 1907-10-25

Mrs. Lillian M. N. Stevens of Portland, Me, National President Woman's Christian Temperance Unson, and Miss Anna Adams Gordon, will speak at First Methodist church this afternoon, 3 o'clock. Everybody invited.
The Birmingham age-herald., 1907-10-25
If you want the best advertising cuts try the Gawk, Age-Herald.
JAS. H. FIN DER,
Manufacturing optician, 306 North
 Nineteenth Street.

Invites the public to inspect his grind ing plant and testing parlor
 All questions cheerfully answered and valuable advice about eyesight given freely.
The Birmingham age-herald., 1907-10-25
Robert Frazer Buried,

Union Springs october A.-tSpecial)- The remains of Robert Frazer. who died ast week in Fl Paso, Tex, reached the ity last night. and were carried to the rome of r. J. Frazer, and from there he funeral occurred Thursday morn Ing.
The Birmingham age-herald., 1907-10-25
ROOSEVELT IS SATISFIED.
President Is Fully Informed of Wall
 Street Measures.

Washington october 9i.-PresiSent Roosevelt was today thoroughly informed
The Birmingham age-herald., 1907-10-25
.ENSLEY TAXES THE
 VISITORS IN HAND Royal Barbecue Given Visiting
 Press Delegates BUSINESS SESSION IODAY
BUSINESS SESSION TODAY
Convention Will Close Tonight With Bib Banquet at Hillman at Which Prominent Men Will Be
 Present.
Programme for Today.

10 a. m.-Business session. Election of officers.
 F Noon-Take cars for Bessemer.
 venng-Banduet at the Hillman hotel. Governor Conner, both Alabama senators, John Temple Graves and number of other prominent men will attend. This is the erowning and final feature of the convention.
The Birmingham age-herald., 1907-10-25
Decline of Profits.

Within the five years from 19l0 to 1905, capital to the extent of forty-seven mil lion dollars ts47 7,000.000l had been added to inc investment for newspapers aui periodicals; but the product per thousand
The Birmingham age-herald., 1907-10-25

Wisconsin enacted an automobile law, which has four sections that should not be violated. It read that anyone vio- lating sections. l. ,. and should be fined W. F. Barnes of Rockford. vio- lated the law and was arrested. He set up defense that he had not violated all of these sections. and could not there fore be legally fined. He pointed out that the word and was used in the statute where ..or'' would have had to be in order to make it cover violation of one of the sections. Since then motorists may violate the law with impunity only being careful not to violate all tile sec tons in bunch.
 A New England court has an amusing suit on it's hands now. An automobiiist was travelling along the road and a run
The Birmingham age-herald., 1907-10-25

Total
The Birmingham age-herald., 1907-05-28
Acreage and Outturn

Theodore H. Price estimates that Alabama farmers will plant 4,443,OOo acres this year to cotton. These fig ures are approximately correct, and they are a standing indictment of Ala hama agriculture. With sixteen Black Belt counties, with a Tennessee valley that is at some points forty miles wide, with a soil in every county that re- sponds to thorough cultivation, it is a shame that we should plant over four million acres to get not much over million bales of cotton. On four mil lion acres in Alabama four million bales of cotton should be produced, and if cultivation were what it should be that great aggregate would be the crop without the addition of another titled acre.
 When the boil weevil arrives in this state to stay, say, in 1909 or 1910, cul- tivation will have to be bettered. It will have to be revolutionized, or else cotton growing will have to be aban- doned. It has been revolutionized in Texas. and the boil weeyil has been circumvented, and so perhaps the in- sect will be here. The people of Texas consider that the gain in cultivation has more than offset the losses in- flicted by the weevil. Texas made in 1906 the largest crop In its entire his- tory. Tn 199 counties she grew 4,2S1,- SPA bales, or nearly Sone-third of the entire crop. Superior cultivation did it, and Alabama farmers will soon have to do likewise. The planting of four million acres in order to make mill lion bales is a waste of energy, soil and our glorious Alabama sunshine. A radical change will become needful when the boil weevil crosses the line, and perhaps after all the migrating insect may prove a blessing in dis pilise
The Birmingham age-herald., 1907-05-28
Southern Iron

This district enters upon the sum- mer season full of hope and energy. There are at least cars enough to go round, and every mine and stack Is pushed to the utmost. All that either can produce Is we'll nigh sold to the end of the year. The chief regret is that southern iron cannot be turned out in quantities sufficiently large to meet the demand for it. This Is the home of foundry irons, and yet we are not able to satisfy demands that are increasing monthly. A foundry iron famine is altogether possible.
 The time is at hand when steps should be taken to increase the capac- ity of this district. A thorough search should be made for more ore deposits, for capital will be forthcoming If ore supplies can be guaranteed. Large rockets of brown ores and large seams of red ores may yet be disclosed.
 The need for new ore bodies Is very great. The output of this district should be doubled. We are making no merchant steel and pretty soon we will have no pig iron to. send outside of the district. A development in this district is demanded by the condition of the markets, and if the needful ores can be located capital stands ready to util- ize them.
The Birmingham age-herald., 1907-05-28
Government By Commission

Memphis has a governing body ap- pointed by the governor and confirmed by the senate. This is taking govern ment away from the people and hand ing it over to representatives who may or may not respect the will of the peo- pie.
 The trend of political affairs is to- ward direct action by the people, espe- cially in primaries, and the movement in Memphis is in an opposite direction, but in Texas they do things better. In Galveston, in Houston and in Dallas they conduct municipal affairs by means of elective boards of commits sioners. In Dallas the new board of commissioners is to meet this week for organization purposes. Its first duty will consist in the election from Its own number of a mayor pro tenn, who will be the executive agent of the board. The board is, in fact, the en- l tire city government. It appoints all officers, names all salaries and con ducts the city government without the aid of a common council or other boards of any sort. It makes its own ordinances. Each commissioner is assigned to some particular part of the work in hand. One takes charge of the streets and parks, another looks another becomes the city's financial officer, still another is charged with the care of the police and firemen. Thus the government by commission