davidaulloa/AmericanStories huggingface dataset:
Los Angeles herald., 1907-12-08
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upon since 1893 to demonstrate It's use
fnlness In time of crisis until late in OG-
tober. when the eyes of the world were
focused on Wall Street and with bated
breath the financial giants of the Old
and New Worlds waited Developments
hardly daring to hope that the banks
could weather the storm which broke
with all its fury over ''The Street" Way
back in 1893 people we're compelled to
draw heavily on the banks, cash balances
being reduced to that low ehb where only
sufficient funds were left on deposit to keep
their accounts "alive." 1t was not that
the people distrusted the banks that this
drain was made upon the institutions, but
because they really needed every penny
they could lay their hands on to meet
constantly growing obligations. With
Withdrawals being made at such an
alarming rate, there was not sufficient
sum of cash on hand at the disposal of
the banks to meet the demands OF their
customers. The bankers were face to face
with the most serious problem Of their
careers. If they failed TO meet these OBJ
legations they would Immediately be de-
cared insolvent and forced to suspend;
yet their assets were far aud above their
liabilities. the drawback lying In their
inability to quickly realize on these as
sets without suffering a severe pecuniary
loss.
group OF men whose names in the
financial world were synopomous with So
lidity, solvency and conservatism, gath
thered In the Office of the Manager of
the Clearing House and settled down for
action. These men constituted them
selves into a committee, known as the
Clearing House Loan Committee. Its plan
was to eliminate entirely the exchange Of
cash Between banks In settling their bal
ances with each other. by means Of
system of Clearing House loans and cred
Its. If bank had a debit balance Of
Los Angeles herald., 1907-12-08
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~ the recent stirring events of the
nanciai marts of the world. an insti-
= tuition kcewe by title to all. but whose
real functions and powers but few are
intimately acquainted with. has played
most important role and, together with
the EFFORTS OF two individuals, in reality
saved this country from the most stupen-
dous and disastrous panic in Its history.
The Institution referred to Is the New
York Clearing House; the individuals, ].
Pierpont Morgan. not only Americas. but
tbs worlds foremost tinancier. and George
Bruce Cortelyou, man Of middle age but
one who has climbed the political ladder.
runk by rung. from the modest post OF
stenographer to a Democratic President OF
the United States. to that Of Secretary OF
the Treasury. a member OF the ofncial
family Of the present Republican Chief
Executive.
TO the average followers OF financial
affairs the name Of the New York Clearing
House is associated only with weekly
bank statements. on which brokers trade,
and an annual statement of clearances,
balances and exchanges. whose figures
mount up into the billions. which are only
useful to those employing statistics In
presenting facts in the course of addresses
ON the commercial greatness Of this great
nation. Each and every banking day In
the year, the New York Clearing House
performs it's functions and performs them
systematically and thoroughly. All is ac-
complished In a staid. quiet and dignif1ed.
but thoroughly businesslike manner.
There Is little to indicate In either the ex-
terror. or interior of the substantial look
ing structure on Cedar Street. between
Nassau and Broadway. of the great things
happening nearby. Yet in reality those
who conduct the affairs of this institution
are the very pulse of the moey market
Generations ago when banks were un-
heard of our traders and merchants. as
we'll as those who did not engage in
trade were compelled to either hoard
or hide their savings for safe-keeping, or
else lug them around concealed about
their persons. This proved lnconvenient
and hence plans were formulated for a
common place of safety for the placing of
funds In various communities and the con-
summation Of these plans resulted In the
chain OF banks now scattered over the
world.
As banks grew in number the question
OF clearing, or settling up. one with the
other, became daily more perplexing. As
the banking community became more
highly developed and thousands Of de-
positors we're clearing their personal
deDl.s ard creoits through the various
banks, the banks themselves began to
occupy the same relation to each other as
regards the transaction of their mutual
business as their customers had occupied,
eG, h to the other generation or two ago.
Los Angeles herald., 1907-12-08

- HE ambition Of every American is to
spend year. short six months at
~ least. IN the Latin Quarter. Most
Americans have all kinds of queer notions
about the people who live on tle other
side Of the Seine. They think Of this
part Of Paris as a den Of vice and frivo-
fly. But those who live there know bet
ter. They soon discover that crossing
the Seine Is like going into another
world This narrow blue ribbon with the
half-dosn or more bridges is the dividing
line. Along the Seine is a great row OF
queer little bookstalls; on sunny days,
aud on Sundays more especially, great
crowds OF people throng these second
hand book stores, where they buy stray
sheets OF music and books slightly worn,
for song
This medley offers variety Of types
First there Is the soldier noticeable for
his gay gIittering uniform; out for a holi
day nnd willing to buy anything he sees.
70 anxious ID he to rid himself Of the
money thar burns In hie pockets. Press
log close to him is q little miIliner car.
ryins a heavy hat box on her arm. Her
head Is quite bare and she has only a
thin Knitted shawl drawn across her
narrow back, in spite Of the autumn
chill Her eye rests alternately on the
soldies and the titls of the Eomaueea Her
Los Angeles herald., 1907-12-08

felt hat indicate that this young man is
an artist. who Is as particular about his
appearance as he Is in selecting his
models
Though the bookstaIls q, attractive
they Ill only a small part Of the pic
ture The Seine Is thronged with small
passenger boats; some carrying passen-
gers, others are heavily laden with great
baskets OF vegetables that are grown In
the outskirts OF Paris.
Before the Ecole des Beaux Arts are
many art students waiting impatiently
for the doore to open 90 they may com
Los Angeles herald., 1907-12-08

cheeks fush as she thinks how she
would like to have certain novel; but
she remembers the one small franc in her
purse and she has not the courage to go
without her dejeuner. She moves on and
the vacant place Is dlled by two men,
che one wears a threadbare coat aud
skull cap drawn down on his head. He
has more money In hls pocket than his
shabby appearance would indicate. But
much OF his time and spare money go In
gathering old books. A very different
jackst the black silk scarf, and the large
Los Angeles herald., 1907-12-08

mence long days work. Not all Of the
art students are gathered here. Many OF
the advanced pupils are on the way to
the Luxembourg Gallery to copy the
works OF modern masters. Farther up In
the Rue Boneparte Paris presents diff
ferent kind OF picture. The streets are
lined with small shops dealing In rare
books, engravings. prints and rare bric-a
brac. The streets are so narrow that the
houses appear to touch in some places
II is impossible for a cart and auto
kinds Of queer looking shops IN thase
Los Angeles herald., 1907-12-08

queer looking streets. In one window
are seen so many loaves OF bread one
might imagine that the people IN this
neighborhood subsisted on bread alone.
Far more interesting is the great display
OF spring hats shown IN the shop win.
dow next door. Though they are all
marked ave francs these straw headgear
are trimmed with every kind Of flower
grown In a French garden.
In Paris everything is put to some use.
1t Is not unusual to see this placard be-
fore a butcher shop: "Occasionally a horse
or donkey for sale" The meats look 70
Martinsburg statesman-democrat. [volume] (Martinsburg, W. Va.) 1906-1921, 1907-03-29
DAWSON VETOS

Gov. Dawson sent us copy OF hi
veto messages in which he states his
reason for striking out certain items ins
the general Appropriation bills effect
ing this section. The governor says
"Under the head of estate Board of
Agriculture | d.sapprove items for
the biennial period Of 1000. The
present Legislature appropriated $780,
600 TO eradicate certain pests that have
attacked the new peach orchards in
the Eastern Panhandle. This appro-
pratioa is in addition to the usual APP
preparation to fight the Sas Jose Scale.
| have disapprovei the 81 900 it EN-
for the present. year, but have left in
the appropriation 5000 for th3 5A
Jose Scale, and the appropriation on
s., 500 for the Destruction Of diseased
animals and inspection of dai ries and
breeding herds. For the second year J..
have disapproved this $500 item, an d
also lie San Jose Scale 81 500 appo
priation, but left in the $4,000 app TO-
priation under Houss Bill No.2.3. And
as the appropriation for the State
Board of Agriculture is increa sed for
the second year from S12,500 to 1000
have disapproved for this second year
The appropriation of $1,000 for the de-
struction of diseased animals and in
spection of diaries and breeding herds,
because it cannot be afforded, in the
present condition of the Statess finan-
ces, and because the Board has $500
more money anyhow, and necessary
they will have to use this money thus
and eurtail their work in other di-
rections.7
The appropriation of $500 for the
Kings Daughters Hospital at Mar
tlnsburg is vetoed, the Gov. says, "be-
cause Is we go into this business there
will be no end to it. There are many
hospitals throughout the state which
are just as much entitled to this help |
as the one at Nj; insburg and mkt
session of the legislature they will |
probobly all be demanding it."
The Gov. regrets the necessity, lack
of revenue, which compels him to strike
out 81 900 for the Rumsey monument.
Martinsburg statesman-democrat. [volume] (Martinsburg, W. Va.) 1906-1921, 1907-03-29

If you wish to buy or sell, country or
city property see US before you make
your deal. We can offer you PROPOSE
tons that will interest you.
Berkeley county is good enough for
the most Of us, bat if lysu have, made
nm YOUR mind to invest somewhere
else. see US. We have recently made
husiness connections, which enable
us to sell you property anywhere in
the U. S. If interested, call and see our
| lists.
We list below few of our properties,
Call on us and we will tell you the
rest.
One blsck on the "boom,' well y To-
ated.
Many lots on the "boom.n
Four houses and lots on Virginia
avenue.
| Three.properties in Darkesville,sssix
acreslof land with one.
House on John street.
Two houses on Maple avenue.
Lot of l75 feet frontage on1 Queen
street with Improvements.
Doublehouse and store room with 70
feet frontage on Queen street.
House and double LOTION Hess ave
nue., good bargain, possession soon.
House and lot S0x200 on High street.
Possession at once. Terms one-third
cash, monthly payments for balance.
A number of houses in North Mar
tinsburg.
Farms: rs acres, 4miles west Of town
1900 fruit trees.
10 acres miles northiof town.
354 acres near Bunker Hill.
81 acres 81 2 miles southeast of this
city.
1Se acres near Darkesv vile.
800 acres miles west of Inwood
5000 apple trees, IL bearing, large
house and barn, very cheap.i
10 acres, miles east of Inwood, AGO.
fruit trees.
Insure your properly against Fire
Life, Health and Accident Insurance.
Gordon and Bowers.
Little Bnilding.
Martinsburg statesman-democrat. [volume] (Martinsburg, W. Va.) 1906-1921, 1907-03-29
To Properly Owners.

If you have any real estate you
would like to dispose of consult us. We
are having inquiries every day for
small farms and cheap town property.
you wish any fire insurance ON your
buildings, call to see us. We represent
a large line Of strong companies, that
pay losses without law suit. Porter
field and Bower
Martinsburg statesman-democrat. [volume] (Martinsburg, W. Va.) 1906-1921, 1907-03-29
Administrators Notice.

Having qualified as Administrative
of the estate of Samuel Miller, deceased
i hereby give notice to all parties in
debted to said estate that the same
must be paid at once and to those hold
ing claims against said estate to pre-
sent the same at once with proper au-
identification for settlement.
Sue M. Miller, Admi nistratrix.
Martinsburg statesman-democrat. [volume] (Martinsburg, W. Va.) 1906-1921, 1907-03-29
To Subscribers.

It you change your address ON Apr
/, please notify us 30 we can change thy
address on your paper
Sharp County record., 1907-02-22


Several grand juries in the
past few years have made the
recommendation that the court
house and grounds be enclosed
by wire fencing. This recon-
mendation ought to be needed.
A neat wire fence enclosing the
court house grounds would add
much 10 the looks of the county's
property, besides affording a
protection that is badly needed.
Rev. G. S. Morehead preached
a forceful sermon at the Method
ist church Sunday night, in
which he urged the Importance
of church members doing their
duties as christians under any
and all circumstances and upon
all occasions. A large congrega-
ton was present.
While there is no serious sick
ness in the town, a good many
people a"e comp'a n ng Of colds
and lagrippe. A touch Of the
grippe is fashionable just now.
Sharp County record., 1907-02-22
COLLECTORS NOTICE

Notice is hereby given that will meet the tax
payers of Sharp County at the following places.
on the dates named, for the purpose Of collecting
the taxes for the year 1906 viz:
Washington township. Powes Chapel. Friday.
Jan. 18, 1907.
Big Rock township Mt. Pisgah, Saturday. Jan.
49, Poughkeepsie, Monday. Jan. 81.
Lebanon township, Dotson School House, Tues
day, Jan. 90.
Strawberry township. Institute, Wednesday.
JAM %.
Big Creek township. Calamine. Thursday. Jan.
.2i
Scott township, Shelbyvile, Friday and Satur-
day, Jan. 25 and 20.
Cave township, Cave City, Monday ami Tues
day. Jan. 2S and 20. <
johnson township, Precinct, Wednesday. Jan.
go
Sullivan township. Sidney. Thursday. IAN. 81.
BrclSle Springs, Friday, Feb 1. ~ -.
Piney Fork township, Evening Shade, from
Saturday, Feb, O. until Saturday, Feb. 16.
Lave Greek township, Camp Ground, Monday
Sharp County record., 1907-02-22
IL A R D Y

Efq. j. D. Paden of Davidson
tcs~ai4sl,ip was II town Tuesday.
w. E. Davidson of Love was
transacting business in this city
the first Of the week.
Mrs. Dan Madden and children
are visiting Mr.. Madden's parents
in Thayer, Mo-, this week.
Mr.. and Mrs. DR.. John Johnston
of Sidney visited their son, DR..
VIM. Johnston, here few days
recently.
James Bivens sold his farm,
near Coats, last week and then
purchased the farm on the south
side Of the river one mile above
town, from R. S. Biggers.
Ex-Judge W. G. Murphy of
Davidson township was in the
town last Saturday. The Judge
has been confined with neuralgia
since Christmas and looks pretty
bad.
Sharp County record., 1907-02-22
THE RECORDS PAY ROLL.
The Good Friends Who Help Us Out In
A Financial Way.

Sidney-H. ]. Reed, John V.
Cole, G. P. Oliver.
Evening Shadow. r. Reed,
James Fore.
Maxville-W. V. Duncan.
Bengay-Calvin Curtis.
Grange-Dave Anderson.
Cave City,. H. Morgan,
Shelbyville-J. H. Crocker.
Bennington, |. TT. j. Jones.
Drane, Texas-C. G. Duval.
King Mills-J. D. Paden.
Batesville-J. B. McCaleb.
Paul's Valley, l. TN. L.
Haney.
Salem-J. l.. Short.
Sharp County record., 1907-02-22

The Farmers Union at "Possum
Trot," two miles west of town,
which is already very strong,
received couple of new mem
bers Saturday night.
In the Sidney lodge Saturday
night DR.. W. E. Founders, Geo.
Kirtley Jr and P. M. Wiles were
started on the Masonic road. The
Sidney lodge is growing in num-
bers and interest rapidly.
The only criminal case dis
posed of by the circuit court last
week after the Record went to
press was the case of the State
VS. Joe Green, a Johnson town
ship negro, charged with the il
legal sale of whiskey. Green
wanted a change of venue and
the case was sent to lizard county
for trial.
The rapid manner in which
Judge John W. Meeks disposed
of the business in circuit court
last week was noted and praised
by many people. Prosecuting
Attorney Herrn also attended to
his part of the business in a
highly satisfactory manner and
was often complimented by those
who attended the court.
Hon. J. l.. Short of Salem and
ex- Sheriff T. D. Noe of Fulton
county were here last Friday.
The latter is a brother of DR..
Noe, who was killed at Mountain
Home last week, and Mr.. Short
has been retained to assist in the
prosecution of Austin Baker, who
did the killing. They were here
to confer with Prosecuting At
torney Herrn in regard to the
case.
Two weeks ago the Mammoth
Spring Monitor published some
statements seriously rejecting
upon the integrity of Hon. C. E.
Elmore, who is we'll known in
this county, as an attorney, and
we understand Mr.. Elmore has
entered suit against that paper
for. damages. The Monitor has
been in a terrible row with sever.
al citizens of Mammoth Spring
lately.
The Record made a mistake
last week when it referred to
"Uncle Jesse" Lowry of Sullivan
township as a Baptist minister.
That he is a Methodist minister
and has long been prominent in
the Methodist church we we'll
knew at the time the article was
printed. The hurry connected
with getting out this paper last
week was responsible for the err
ror-not being discovered.
Gen. Robert Neill, who was
well known and had many good
friends in Sharp county, died at
his home in Batesyille Saturday
of pneumonia Gen. Neill was a
grand man. He was a hero of
the Confederacy, had served two
terms in congress, was the first
chairman of the State Railroad
Commission, and had held other
positions of trust. He was born
near Batesville, and was 6S years
old.
Sharp County record., 1907-02-22
LOCAL NEWS.

.... ....s
Circuit court convenes at Salem
next Monday.
Many Of our people began to
make garden last week.
W. C. Snow spent Sunday at
Maxville with his brother, C. B.
Snow.
P, J. Schales, good citizen of
Center, was doing business here
Monday.
Joe Kennedy, a Batesville boy,
was here several days ago sell
ing tobacco. I
Mr.. and Mrs. Chas. Stokes and
the children visited relatives near
Maxville Sunday.
The weather took another
mango Thursday morning and
NOV fell a little while.
WANTED-A good farm hand.
Nan with family preferred. Ad-
dfess, E. G.. Eckels. Williford.
Prof. O. E. Williams, of the
8dney school, was in the city
Shturday and made this shop a
Hisit.
Mahlon Hill, an expert timer
lot Melbourne, came down We'd
nesday and is doing some work
town.
The grand jury adjourned at
1oon last Saturday. The unlucky
number Of 13 indictments were
returned.
Mrs. S. W. Woods returned to
her home at Yellville Friday, af-
W. spending several weeks in
Evening Shade.
Hubert, the small son of Mr..
and Mrs. W. H. Clark has been
eaffering from a light attack of
pneumonia this week.
n. M. Biggs came up from
Hg Rock township Tuesday with
Mdrove Of hogs which he had
might for W. A. Edwards.
Miss Fannie Cochran left Tues
day for Womack, l. T., where
he will spend few weeks with
har sister, Mrs. F. B. Kirby.
Hon. T. |. Herrn was prevent.
I'D from delivering an address on
Mncational topics at Maxville
Wednesday night by illness in
his family.
To-day is the anniversary of
he birth of Gen. George Wash
ington, and the occasion is being
appropriately remembered in all
ts of the country.
p. K. Taylor and family moved
m the Dowdy farm, two miles
et of town, the latter part of
week. Mr.. Taylor still runs
blacksmith shop here.
x- Sheriff George W. Mullen
Big Creek township, who
ed on the grand jury last
ek, was Be years old Saturday.
- doesn't look older, either.
IN the last few days the Rec
ord has done job printing for
7rof. W. H. Watkins and Sheriff
Smith Of Evening Shade, A. B.
Ann of Sidney and Davidson C
20. of Love.
Surveyor Rufus K. Arnold has
zen IN this section several days
m week doing some work. He
provided himself with an
date outfit and is doing
OF surveying.
E. Rische and wife, who re-
ly moved to this place from
INLAND, are disposing of their
Wsehold goods and will shortly
e for Milwaukee, Wis, their
Whome, to reside.
Sharp County record., 1907-02-22
Cost OF Circuit Court.

Below may be found an esti-
mate Of the cost Of the February
term of circuit court for the
Southern District. This esti-
mate can be relied upon as being
very near correct figures:
Cost of petit jury .S234.25.
Cost of grand jury. .21S.55.
Grand jury witnesses. $3.50.
Jury commissioners. 300.
Cost of criminal cases
going against county. .S135.S5.
Total COST. .S684.15.
Less fines assessed .S136.00.
Net cost of court. d. . .S548. 15.
Sharp County record., 1907-02-22
SCHOOL BOOKS

Elder Andy L. Rltcnle, the
popular young Christian minister
of Ash Flat, preached here Sat-
urday night and again Sunday
morning.
Joseph Ault of Washington
township was here Tuesday max
ing final proof on his homestead
claim. He says he will move
back to Evening Shade before
lons-
DR.. John M. Watkins and fam
lily, former residents of Evening
Shade, who have been living in
Texas the past few months, have
returned to the old home at La
Crosse.
The bachelors of Ash Flat have
a club and the old maids of Har-
dy are organized. A joint ses.
sion of these two clubs ought to
cause a furry in the marriage
license market.
Miss Ruth Hulett of Center,
who has been teaching at Swif-
ton the past several months, was
married last week to j. W. Mich :
olson, a prominent young busi-
ness man of Swifton.
An entertainment will be given
at the school house Friday night
in honor of TIE four great Amer
leans born in F'ebruary-Wash =
ington, Longfellow, Lowell and
Lincoln. Everybody is invited
to be present.
The little daughter of Hon. and
Mrs. T. |. Herrn was burned in
an accidental manner Sunday.
In some manner the little girl
turned over a vessel of hot water
upon herself, and one side of her
face was burned quite painfully.
We are informed by citizens Of
the Blanville community that the
Farmers Union members will
likely build hall for a regular
meeting place over the Blanvflle
school building. The Union has
a large membership in that Sec
ton.
M. G. Ring, who lived in Big
Rock township, died Sunday, af-
ter an illness of typhoid fever,
and was buried Monday by the
Masonic fraternity. Mr.. Ring
was a well-to-do citizen and had
many friends. He leaves a wife
and several children.
Judge j. W. Smith and T. J..
Davidson Esq. were in Sullivan
township Wednesday as opposing
counsel in a lawsuit before Esq.
Chadoin. We have not learned
who got the better Of the argu-
ment, neither do we know which
way the verdict went.
While telling timber near town
last Friday J. M. Kent of this
place narrowly escaped serious
injury. A falling limb struck
him on the head, and the acci-
dent has caused him severe pain,
though he consoles himself with
the fact that it might have been
much worse.
The Record learns that work
will be begun at Poughkeepsie
this week on a hall to be used by
the three fraternal orders of that
place-the Masons, Odd Fellows
and Woodmen, The hall will be
26x40 feet in size and will be built
over W. L. Brightwell's new
store building,
A Womans' Home Missionary
Society was organized at the
Methodist church Monday after
noon. The society begins with
twelve members and the follow
ing officers: Mrs. M. A. Coger,
President, Mrs. O. G. Shaver,
1st Vice. President, Mrs. G. w.
Parsley, End Vice. President,
Miss Mabel Metcalf, Recording
Secretary, Miss Geneva David
son, Corresponding Secretary,
Mrs w A EdwardS Troocurar