davidaulloa/AmericanStories huggingface dataset:
Watauga Democrat. [volume] (Boone, Watauga County, N.C.) 1888-current, 1907-04-18
{. S. GoFFEY,
Al LAW
-BOONE, N. C,

BOONE, N. c.
Prompt attention given to
all matters Of q legal nature.
- Abstracting titles and
foDection OF claims q special.
~.
/ IL. '07.
Watauga Democrat. [volume] (Boone, Watauga County, N.C.) 1888-current, 1907-04-18
F'eefro,',
Alcohol

Since May, 1905, Ayers Sar-
saparilla has been entirely free
from alcohol. II you are In
poor health, weak, pale, nerv-
GUS, ask your doctor about TAX
Ing this non-alcoholic tonic and
Alternative. II he has a better
medicine, take his. Get the best
always. This Is our advice.
Watauga Democrat. [volume] (Boone, Watauga County, N.C.) 1888-current, 1907-04-18
DO YOU GET UP
WITH A LAME BACK?
Kidney Trouble Makes You Miserable.

Almost everybody who reads the news.
papers is sure to know Of the wonderful
Semi-weekly herald., 1907-12-30
EMERGENCY CURRENCY IN GER
MANY.

The banking needs of all Germany
are satisfied by the existence of ITO
banks. Most of these have numerD
branches, some having as many as
three or four hundred, but control is
concentrated in comparatively few
hands and harmony of action through
different sections of the country is
assured. At the head of all stands
tion, which now has practically a mr.
nopoly of the note-issuIlg ,wer For
merly there were many private banks
of issue in the German states, but
most OF them retired from this field,
until few years ago tners We're only
seven left. Perhaps now the mum.
er is even less. At any rate, their
uncovered issues are so closely lin
led as to be negligib':.
The Reichsbank is authorized first
of all to issue notes to the amount OF
450.O00,O00 marks ($107 ,OO0,000) on an
asset basis. To secure these it must
hold third of their value in gold,
and the other two-thirds in good COM
meroial paper, running not over three
months and having at least two sign
ers. Beyond this limit 1t can issue
as much paper as 1t wishes If fully
covered by gold in its vaults, and fur
ther, in times OF emergency, 1t can is
sue more notes II it is willing 10 ray
per cent per annum tax, reckon
ed weekly. 1t is this last provision
which gives the elasticity which is Use
full to German industry, and which as
we showed the other day, has been
freely availed of the last month or so.
The German system of a tax on un-
covered issues to secure their retire
ment has been success. but in jud2-
ing the system as such the following
points must be remembered: A single
imperial bank. under government con-
troll, does the issuing. 1t has as its
main customers only ITO other banks.
Besides the tax feature, the bank is
limited by a requirement that 1t must
always maintain a 33 1-3 per cent
gold reserve and that the other two
thirds of the notes must be covered
by short-time commercial paper. 1t is
sues no notes under 100 marks in value
($23S0), and its notes are not legal
tender. AS a matter of fact, the cash
reserve of the Reichsbank is frequent
ly as high as so per cent, and even
in the present time of emergency its
reserve November 2S lasD is above
SO per cent of its circulation.
Semi-weekly herald., 1907-12-30
OYAMA'S WIT.

Marshal Oyama, on an inspection OF
the captured village, paused before
house whence came loud and strong
voices.
A thin old man hurried forth, and
with a low obeisance invited the mar
shal in. A theatrical performance, OF
which he was the manager, was going
on.
Marshal Oyama entered. He was
the only inspector. He sat through
one act, and then he rose to go.
Il had hoped to do wen hero with
my little show said the managing.
accompanying the marshal to the door
but am having the poorest kind OF
season. | suppose 1t is the war"
Marshal Oyama smiled.
II don't think 1t is the war" he said.
Il think 1t is the peace"--Louisvills
Courier-ournal.
Semi-weekly herald., 1907-12-30
ll|[|{!z zHzD
aHeQ. ~
EMERGENCY CURRENCY m ENG
LAND

The total number of joint stock
banks In Great Britain is seventy
eight. and in addition there are about
a dozen private banks that publish
accounts. These furnish practically
all the banking facilities needed by 40,-
000, 900 people. At the head of them,
OF course, is the Bank of Ems gland, fur
nIshing bed rock of credit on which
their business rests. Noteissuing pow.
er, subject to strict limits never VIC
lated, belong to few of the older
banks, but the whole interest OF the
currency question in England is to be
found in the powers of the Bank OF
England.
The permissible issue Of Bank OF
securities held in the issue department
Is about $90,000,000. Beyond that the
law since 1874 has required that for
every note issued Its full value In gold
must be placed in the vaults of the is
sue department. There is a scheme
more elastic even than that Of the
United States, aad were 1t not for the
fact that London's position as the
clearing-h g-house for the settlement OF
balances in foregn trade enables the
bank by the raising or lowering OF
the discount rate TO control the gold
supply, it would doubtless be the sub
ject OF as much compaint as oui
American system arouses.
What actually happens in England
whenever the pressure gets too great
for the system TO bear is that the gov
ernor and directors of the bank hold
q solemn meeting and agree to violate
the law by the issue of additional
notes uncovered by coin. They do not
do this without previous assurance
from the ministry that bill of i'll
demnity will be presented In parlia
ment to relieve them from RESPONSE
bility. In other words, the action they
take is practically the action OF the
government, and amounts to interven
tion as much as any action our secre
tary OF the treasury may take is gov
erpment Intervention. The need fol
such aid has been felt three times
since the act of 1874.
At the end OF November the Banl
OF England held in its issue depart
ment about $l55. 100000 of gold coiI
and bullion against an outstanding cir
culation OF $245.00O,O0O. In the bank
ing department the reserve was abou
3l05,000.000. against government ant
private deposits combined of $250,000,
900.
Semi-weekly herald., 1907-12-30

Pennsylvania State Grange, in ses-
sion near Philadelphia, resolved in
favor of "Relief of congested condi-
tions the cities through the i'm
provement of agricultural life and agri-
cultural profits, thus making farm
ing more attractive pursuit and
helping thereby to solve the problem
of the city tenements." Agriculture
is fiourishilg now, judging from the
farmers bank accounts. and is more
profitable than average city life by
large margin.
Semi-weekly herald., 1907-12-30

Stuyvesant Fish says the rich man
is getting h these days. and that the
laboring men were in better shape to
enjoy their Christmas dinner than the
bankers and men of reputed wealth
throughout the country. In Other
words, these have been trying times
for heads OF financial institutions. to
say nothing OF directors and stockhold
ers who are still wondering what the
harvest will be. The Herald editor is
becoming more and more satisfied with
NE every day.
Semi-weekly herald., 1907-12-30

A former director Of the mint,
George e. Roberts, says our financial
system is aptiquated and wholly un-
suited to an enterprising and progress
sive people. But he doesn't expect
congress will do much to improve 1t.
He has evidently been making study
of both the financial system and con.
gress.
Semi-weekly herald., 1907-12-30

Since its establishment thirty-line
years ago the Canadian postal saw
ings bank has received and disbursed
s46,OO0.00o without any hitch what
ever. At this time the postal savings
banks of Great Britain and its colo
nics hold deposits of over $500, 900 900
all in small credits. for the amount
received from one individual is lin
tied. The system seems to be a com
plete preventive of boarding.
Semi-weekly herald., 1907-12-30

The rich. man is not always the
happy Individual Many man who
earns a living by the sweat of his
brow has more real enjoyment every
day of the year than some men re
ported to be worth millions, but whc
in reality are compelled to lie awake
night sscheming. how to keep theiI
heads above water.
Semi-weekly herald., 1907-12-30

Ordinarily the loss of life in the
mines of the United States Is 1000 a
year. This year the figures will be
almost doubled, which suggests, in
comparison with other countries, that
there is n some American mines a
lack 70 proper precaution.
Semi-weekly herald., 1907-12-30

for. True. money panic has prevail
ed the past six months. but 1t will not
materially effect the general prosper
ity OF the people who will quickly re-
cover from the temporary depression.
The Herald is not the least discour-
aged.
Semi-weekly herald., 1907-12-30

General Booth of the Salvation army
says he expects a newspaper man to
be the first to greet him when he ar
rives in heaven. And the newspaper
mans first words. II he has been an
interviewer, will doubtless be: Gen
eral how do you like heaven"
Semi-weekly herald., 1907-12-30
Colorado.

The feet which we are sending to
the Pacific will carry 1000 more men
than the Spanish armada had. 1t will
be superior to the armada in some
other important respects and will, we
hope, have much more pleasant ex-
perience than the armada had.
Semi-weekly herald., 1907-12-30

The most important political con-
ference Of the winter will be that to
be held by Judge Alton B. Parker and
Col. Henry Watterson for the purpose
OF developing "a good southern man
for the Democrats to nominate. 1t
will be as exciting as contest be-
tween two giants at throwing the
discus.
Semi-weekly herald., 1907-12-30

The value Of American manufactures
is placed by census bulletin at $15,-
000,000,000 a year, vast increase
in ten years. Their export is far ahead
Of the old figures. Add $1,000, ,000o.'
900 for agricultural crops and $1,000
100000 from the mines. and the con
ditions of the country's prosperity can
be correctly gauged.
Semi-weekly herald., 1907-12-30

Jacob ZippsrIan must have been a
happy man when the news was broken
to him Christmas morning that Gov.
Buchtsl had granted him = full and
Semi-weekly herald., 1907-12-30

Japan and the United States are
trying to reach mutual agreement
upon the subject of Japanese emigra-
ton to America. This form Of adjust
ment will be much more satisfactory
than the threatened hostile invasion.
Semi-weekly herald., 1907-12-30

The Herald desires to inform the
papers Of this southwest that when
Dave Day comes up with hs $4,000
guarantee the devil will be wearing
wings. Dave is full Of egotism-in-
stead Of prunes.
Semi-weekly herald., 1907-12-30

New Hampshire now allows fifteen
days for deer shooting, and $50 were
recently killed in two days. The
Granite Mountain farmers will no long
er complain that deer prowl around
and despoil their garden sass.
Semi-weekly herald., 1907-12-30

King Edward makes no speeches ex-
cept the short formal ones, and writes
no messages. which, according TO tie
American idea. is carrying brovi;y too
far. Yet condensation in "a public
paper is appreciated by the people, and
they find it helpful.
Semi-weekly herald., 1907-12-30

Denver banks are said to be doing
business once more on a cash basis.
Most banks throughout the country are
following suit. 1t remained for Du-
rngos First National, however, to
lead In removing the lid. This bank
has the coin.
Semi-weekly herald., 1907-12-30

It is predicted that the completion
OF the Panama canal will create a
great tide OF European emigrants to
the coast regions Of the Pacific in
North America, Central America and
South America. The isthmian water.
way will cause many changes that
Uncle Sam can not foresee, but he Is
willing TO pay the freight.
Semi-weekly herald., 1907-12-30

An astronomer remarks that Mars
which Is millions of years older than
the earth, has stood OF her fate fol
ages by a system OF international
globe-encircling canals. Millions oi
years must pass before our planet vii
threaten to go dry, but canals are
needed now to overcome freight COZ
gestion. which is serious trouble
Semi-weekly herald., 1907-12-30

Owing to petitions and requests from
its patrons, the New York Central has
heightened the time of its Twentieth
Century Limited so that it will take
an hour and forty minutes longer than
it formerly did to go from Chicago
to New York
Semi-weekly herald., 1907-12-30

The Denver mint is rushing the
coinage of $4,000 daily in silver quar-.
ters and halves. All the mints are
working to the limit, and the An,erl-
can gold and silver mines have an out
put OF $3.50, 100000 year. Just give
Uncle Sam little time and the cur
rency problems will be settled thor
oughly and In hard stun.
Semi-weekly herald., 1907-12-30

Put on a cheerful countenance'
Things in Durango and this southwest
.eotiop might be = great d al worse
Thsre IL plenty of money to conduct
busipsss and there will be the usual
prmber Of men employed TN the ccal
Semi-weekly herald., 1907-12-30

Excavation ON the Panama canal
for November. 1.S3S,3S6 cubic yards,
was the largest for any month, The
total for November, 1906, was 1885,
407 cubic yards. An almost hvefold
increase within a year is a great
showing.
Semi-weekly herald., 1907-12-30

The closing of two Durango banks
win have no permanent bad effect on
Durango and we look for this city anG
this great southwest section to go
ahead during the coming year in no
uncertain way.
Semi-weekly herald., 1907-12-30

In 1896 Mr.. Bryan carried but one
county in New York and the major
ity against him was 26S, ,469. In 1900
he led in only four counties and lost
the state by 143,606. The chance that
he could ever carry New York, or win
without it, is inappreciable.
Semi-weekly herald., 1907-12-30

The traffic of the country to be
moved Is estimated at 100000 tons
yerytwenty- four hours. II is more
than the railroads can handle, and it
will keep improved waterways busy to
take care of the overflow.
Semi-weekly herald., 1907-12-30

Mr.. Carnegie has added $4,000 600
to the s1O.OO0,0O0 endowment of the
Carnegie institute In Washington. be-
cause. as he says, he is delighted with
the management. No one is more sue
cessful than Mr.. Carnege in turning
n compliment gracefully.
Semi-weekly herald., 1907-12-30

was devoted to auditing and allowing
claims against the firm. The bills
have not all been passed upon. A r.
Springer was selected as trustee, and
will be required to give a bond OF
$4,000. The next will be the selec-
ton of three appraisers, whose duty
1t will be to place value on the
stock and when the trustees bond has
been furnished the stock will be
thrown on the market.
Semi-weekly herald., 1907-12-30

The war department has taken up
seriously the organization OF a dirigi-
BILE balloon corps, Aeronautics have
been put on a business basis and will
move along hereafter with other pro-
gressive inventions.
Semi-weekly herald., 1907-12-30

In the south of France wine is not
one may go into a wine cellar a1d
remain there for half an hour, consum-
ing as much as he likes during that
time. It is a strange fact that no
derricks are provided for hoistlng peo-
pie out of the wine cellars referred to.
Semi-weekly herald., 1907-12-30

A woman arrested in Pttsburg for
gathering spoiled fruit in a freight
yard was found by the police to have
a large roll of cash in her possession.
The boarding evil is probably even
greater than has been supposed.
Semi-weekly herald., 1907-12-30

The Oldest of the sixteen battle ships
on the way to the Pacific was com
pleted since the war with Spain.
Spring and fall styles in navies are
expensive, but it is necessary to keep
up with the mode.
Semi-weekly herald., 1907-12-30

A certain order OF American poll.
tcia1s, always stirring up trouble
about personal trifies. should make a
note of the fact that even the central
American states have decided to quit
Quarreling and cultivate the arts of
peace
Semi-weekly herald., 1907-12-30

Those who place confidence in Dave
Day are surely easily misled. He
will not tell the truth when 1t will
serve his purpose best. And consist
ency is thing unknown to the Demo
crat outfit.
Semi-weekly herald., 1907-12-30

1t may be that young Mr.. Hyde is
offering to give back that million mere.
.ly because he has become convinced
that the Equitable has better facili.
ties than he possesses for putting the
money into general circulation.
Semi-weekly herald., 1907-12-30

Great Britain is comparatively a
small bit of land, but it mined last
year $500, 100000 worth OF coal. The
coal wealth of the United States runs
into too many billions to look reason
ahle
Semi-weekly herald., 1907-12-30

One OF the preachers says that to
feel like swearing is as much sin
as swearing. He neglects to explain
how people may keep from feeling
like swearing when they pound their
thumbs and when their feet are step
ped on in crowded cars.
Semi-weekly herald., 1907-12-30

Gov. Hughes seems to be not only
independent but Indifferent. He does
not want anybody to go to any trou-
BILE to put him in the list Of presi-
dental candidates. Sometimes the
biggest race goes to the rankest out
sider.
Semi-weekly herald., 1907-12-30

mines, smelter. etc. during the win
ter months and by spring the other
industries will resume operations.
Again. the farmers are IN splendid
shape and win prove strong bulwark
In the advancement of southwestern
Colorado,
Semi-weekly herald., 1907-12-30

1t is not so many years since Chill
was disposed to blun Uncle Sam as
naval power. Valparaiso will OBJ
serve when Admiral Evans feet
passes up the South American coast
that times have changed.
Semi-weekly herald., 1907-12-30

In the latest examination at Wash
ington OF candidates for the consular
service only nine in twenty-seve1 met
the requirements. The time has
passed when an old warhorse who IS
gone to seed in politics stands the oest
chance to get a consulship.
Semi-weekly herald., 1907-12-30

The harems of two of the ministers
Of the sultan OF Morocco have been
captured and divided among rebel
chiefs. If meat and milk and groceries
are as high in Morocco as they are
here the ministers are likely to exhibit
good deal of fortitude in bearing
their afHiction.
Semi-weekly herald., 1907-12-30

An alarmist who yelled "Fire!" In
less by one OF the attaches. Rather
drastic treatment. but the occasion
seemed to demand 1t.
Semi-weekly herald., 1907-12-30

The ruling of Judge Lewis is hailed
with delight by the men implicated by
the federal grand jury last June. The
Herald never did believe that many
men in this southwest section were
xuilty Of intentional wrong doing and
now Judge Lewis emphasizes this fact.
Semi-weekly herald., 1907-12-30

Secretary Of War Taft announces his
candidacy for the presidency and will
make hot fight for the nomination.
He will make the opening speech in
Boston Monday night.
Semi-weekly herald., 1907-12-30

Most of the Russian officers and sol
diers are defending Gen. Stoessel in
his present trial for needlessly sur
rendering a position he was powerless
to hold. There are occasions when
discretion has the edge on valor, and
the incident at Port Arthur was one
of them.
Semi-weekly herald., 1907-12-30

Three more days and the year 1907
will be numbered among the has
beens." In some ways 1t has been dis.
appointing, but as whole the Ameri-
can people have much to be thankful
Semi-weekly herald., 1907-12-30

The city of Roebling N. j., estab-
llshed as a model town, has seventy
cases of typhoid fever. An ideal wa
ter supply for a community is much
rare than 1t ought to be.
Semi-weekly herald., 1907-12-30

Upton sends word that he will not
try to lift the Americas cup next sum
mer. He is probably convinced that
we shall be so busy with other things
that we should have no time to watch
him II he We're to try.
Semi-weekly herald., 1907-12-30

Thomas W. lawson threatens to
work for his own interests after the
first of the year. That sound like a
siren whistle is the systems sigh of
relief.
Semi-weekly herald., 1907-12-30

Buffalo Bill says he was offered $50,
900 to testify in the Gould divorce
case. Bill did well to refuse 1t. He
would have done still better to have
kept quiet.
Semi-weekly herald., 1907-12-30

Passenger traffic this morning was
the lightest for many days. 1t will
pick up some next week. when those
who are spending the holidays on the
outside begin to come in and those
who are visiting here begin to go out
Travel has been so brisk this fall that
light load is quickly noticed and
commented on.
Semi-weekly herald., 1907-12-30

Al Illinois man has lived for two
months on peanuts. Is the meat trust
not convinced that it is about time ,tc
take over the peanut business?
Semi-weekly herald., 1907-12-30

II Stuyvesant Fish keeps on de
manding that crooked Wall street op
orators be put in states prison, he will
yet be regarded as deserving patriot
and may be given job.
Semi-weekly herald., 1907-12-30

A French actress declares it to be
impossible for a woman with refined
tastes to dress on less than 100000 a
year. 1t may be, however, that she
has the wrong definition of ''refi1ed."
Semi-weekly herald., 1907-12-30

The government can save money by
erecting public building In Durango.
No town In the state can advance the
same meritorious claims.
Semi-weekly herald., 1907-12-30

London expects to have a population
of 100000 in 1850. The rest of
England will then be merely London's
back yard
Semi-weekly herald., 1907-12-30

Sixteen battle ships will make an
effective knocker on the open door
identified with the everlaeting fame
OF John Hay.
Semi-weekly herald., 1907-12-30

Naval circles appear to be some
what disturbed. Let the officers scrap
It's about all some of them have to do
Semi-weekly herald., 1907-12-30

unconditional pardon. This is the kind
of present that should be remem-
bered through life.
Semi-weekly herald., 1907-12-30

The Rev. Mr.. David e. Morell, pas
tor of the First Presbyterian church,
will conduct services for the Congre-
gational church at Silverton tomorrow.
His congregation in Durango will
worship at the First Methodist church
at l l a. m. And union service will
be held in his church in the evening,
tn Rev. Mr.. Scruggs of the Baptist
church preaching the sermon.
Semi-weekly herald., 1907-12-30

There promises to be much strife In
the Nevada gold fields before the la
Dor troubles are settled.
Semi-weekly herald., 1907-12-30

Railroad rates between Denver and
New York have been cut and pas
senger war is threatened.
Semi-weekly herald., 1907-12-30

Gold has been discovered in Green
land. We have always thought Green
land must have gold. 1t is such a
disagreeable, outofthe-way place.
Semi-weekly herald., 1907-12-30

Keep up your courage! The closed
banks will give you nest egg after
awhile.
Semi-weekly herald., 1907-12-30

or all the excuses in the list, the
excuse that "he was drunk when he
did 1t" is the most unreasonable.
Semi-weekly herald., 1907-12-30

A good deal of Kentucky's tobacco
crop has recently been going up in
smoke.
Semi-weekly herald., 1907-12-30

Several of our people will remember
George Lee Of Loup City, Neb., who
was here last summer. and was sick
for few days at the hotel. After
purchasing a piece of ground, as did
the others of his company. he return
ed home, intending to come out again
in the spring. Dispatches bring the
news that he committed suicide last
week by shooting himself. family trou-
bles being assigned as the cause.-Cor-
tez Journal.
John McElroy, an old time resident
of the lower valley, died at his ranch
near Pennington Thursday and was
buried Friday.
The board OF county commissioners
of San Juan county, N. NJ, is advertis-
ing for bids for the construction OF
several bridges. Bids must be in on
or before the 18th OF February, 1908
Lack OF snow compelled the retire
ment for the present of bobsleds used
to haul ore from the Tom Boy mine,
and wagons are used instead.
The mineral output OF San Juan
county for the year 1907 was $4,2O4,.
o2s. This is an increase Of 25 per
cent over that of last year.
Semi-weekly herald., 1907-12-30

j. p. Lowell came in from his Pine
river ranch this morning. Looks as
though he would need snow shoes tc
get back home with.
Semi-weekly herald., 1907-12-30

G. Y. Vandegrift went out to the
eastern part of the country this morn
ing to worry the festive bunny. Not
very good day for that kind of sport.
Semi-weekly herald., 1907-12-30

James Doyle is having an abstract
made of all his mining property in the
Montezuma county. Looks like a big
sale was on.