davidaulloa/AmericanStories huggingface dataset:
Northern Wisconsin advertiser. [volume] (Wabeno, Wis.) 1898-1925, 1907-09-05


silf, We settled our own affairs
4 never admire fiippancy," was
the naughty reply; 1T is not in good
taste from you TO me, Claud.'
4 beg your pardon, mother" he re
piled earnestly. Il only meant to
say it was matter that concerns
ourselves alone.
Tell me one thing cried Lady
Bayneham has she ceased to love
you, or have You ceased to love her?
Barbara dismissed me-" he replied
with strange smile.
Then she is a false, faithless girl,
and must be brought to reason" said
/ The countess Indignantly.
Hush, mother" said the young
earl. She is the noblest and truest
Of women. She dismissed me be
| cause she saw that | had learned to
love some one else truly and dearly.
She would not stand between me and
happiness. | should never have
named my love; should have mar
ried Barbara and endured my life
as could. But she saw it, and set
me free"
1T is just as l expected, was her
ladyship's indignant comment
set of ridiculous sentim entail ideas.
So you my lord. have broken your
faith, if not your word, with the
/ modest of women You fly in the
facd Of cooiofy. Won cot +la vyorI1 o,,d
all it's laws. at defance,-and for
what? For the love of some fair,
foolish face, or, perhaps worse, can
not tell"
BE just, mother" said Lord Sayne-
ham. Il have done all you say for
love of the sweetest, loveliest, and
purest girl the world ever saw
Favor me with the name of your
new love- said the countess con-
temptuously. Il have no wish to
hear any absurd rbapsodies"
The girl love, and have asked
to be my wife, is Hilda Hutton, Lady
Huttons ward he replied. 81 beg
you mother, to say what you will OF
1AiSs DoI oEeti Z iiCAs iONS HtI, am
she will be my WIFE"
Never with my consent" exclaimed
the countess. Il forbid any such folly.
Il insist upon your returning to your
ahegiance-to Barbara, and forgetting
this fair foolish"
Hush" said Lord lBayneham, mis-
face growing dark and stern, mot
one word against her There are
limits to mans patience mother
And TO his courtesy, it seems" re-
torted the lady. Il refuse to hear
one word more If l could believe
you serious, Claud my sorrow would
nearly kill me- When you have
thought better of it, come to me
again.
With a naughty gesture the count
ess thus dismissed her son.
To be continued
Northern Wisconsin advertiser. [volume] (Wabeno, Wis.) 1898-1925, 1907-09-05
GARIsALDps GRANDDAUGHTER.
Welcomed the Worlds Sunday School
Convention to Roam.


New York Christian Advocate.-One
of Garibaldi's granddaughters is a
teacher in our Methodist Sunday
school in Rome, and delivered the adj
dress of welcome to the worlds Sun
day-school convention recently held
here. Our correspondent reported the
occurrence as follows: Following a
greeting to the convention by the
president of the italian national com
mittee, came thrilling scene. A
young lady advanced toward the plat
form. She was introduced as Italia
Garibaldi, the granddaughter of the
liberator of Italy, and, as a teacher in
the Methodist Sunday school wouli
welcome the convention to Rome. The
Northern Wisconsin advertiser. [volume] (Wabeno, Wis.) 1898-1925, 1907-09-05

ne continued ay mother Is sure
TO love you very dearly, Hilda,-she
loves me so much. | have won my
treasure now, and | am impatient 70
call L mine. when shall see Lady
Hutton? Before the spring blossoms
come again, promise to be my wife
Iarling.'
But that Hilda would not do. In
her gentle child-like heart there was
gracious sweet dignity-all her
own. He had won enough; she
would promise no more. He loved
her but the more for the pretty coy
words that fell so softly from her lips
4 shall come to see Lady Hutton to
morrow" he said, half inquiringly.
Not tomorrow" she replied
Mama will be busy with the agent.
Let me have that one day to realize my
happiness and TO dream
1T shall be So" replied Claud.
IN after years Hilda wondered what
her fate would have been if he had
seen Lady Hutton as he wished.
Now, before | co." said Lord Bay
neham, grant me one favor. You
gave me blue-bell that May morning:
give me now one of those white lilies.
shall know then in the morning
tnat my happiness is real, not a
dream
She gave him what he asked, and
the time came when those two with
cred flowers We're more precious to
the young earl than all the world be-
sides. AS he was leaving the house
ne heard bell ring violently, and
half wondered who it could be ring
ing in such hot haste.
Tell Lord Bayneham as soon as
he returns, that l wish to see him
particularly. l shall be in my own
room.
So said Lady Bayneham, in her
coolest voice, intended for Barbara s
benefit. She had not vouchsafed one
word TO the young girl herself, choos-
ing to consider her in state of re.
bellion.
Glands face did not express any
rapturous delight when the obedent
domestic delivered her ladyships mes
sage He loved his mother dearly:
he had the deepest respect and ad-
miration for her beauty and talents,
her grace and dignity; she was his
complete ideal Of British reeress,
but if the truth must be told, the
young earl held his mother iii whole
some awe. He feared nothing upon
earth; no danger ever awed him, no
fear ever daunted him; but he could
not face his mother when he had of
Tended or displeased her.
"One more battle" he murmured to
himself, then all will be plain sail
ing" But Lady Bayneham's greeting
him.
My dear boy" she cried, my poor
Claud, what does all this mean?"
All what, mother?' he asked
briefly.
"Barbara's strange conduct she
replied. she tells me she has given
you your freedom asked no
questions from her, l felt too angry.
Tell me, have You accepted it?'
have" said Lord Bayneham, and
gladly, too. | am of Barbara's opn-
ion,-our engagement was a terrible
mistake. She is noble girl, and
love her as though she were my own
sister; but l can never care more for
her than | do now
Lady Bayneham face grew V tie
with anger.
1t seems am utterly ignored in
the matter" she said bitterly.
Not ignored, mother" replied
Claud gaily: "but you see, as the
matter rested with Barbara and my
Northern Wisconsin advertiser. [volume] (Wabeno, Wis.) 1898-1925, 1907-09-05

there and then to kneel at your feet,
and offer you, as / do now my life
and my love. | have never thought
OF anything or any one since l saw
YOU. Until | found you again, my
life saw one long dream Of misery
Hiida. There never was love so
strong, so deep, so rue as mine. Is
there any hope for me?7
/ There were a few minutes Of un-
broken silence; then a gentle, hall
sad replied, How could you care fcE
me when you were pledged to marry
II IS EaIle?9
He told her the story, how from
Childhood they had been trained TO
understand that at some future time
they were to be married; how he
always liked Barbara in cain, kind
brotherly way, and when his mothe,
suggested the time for the marriage
had arrived he had mo objection"
| Il had not seen you then Hilda," ne
continued. When l did so, my heart
/ awoke suddenly. | was like a man
, who had been buried in adeep sleep.
I woke to find myself passionately low
! ing you. yet pledged to marry Bar
bara Earle. | was half mad for some
time, but | had no idea of freeing my
self I thought must bear my fate,
/ and trample you out of my heart.
But, Hilda, Barbara has dismissed
me; she says our engagement was d
! foolish mistake, for which | shall rot
suffer She refuses even to mention
lit again; and | am free-free to lay
my heart at the feet of the only one
II ever can love. Have you no word
for me, Hilda?"
rs she-is Barbara unhappy she
asked gently.
tween u.s." cried Lord Bayneham
"Hilda, if were to pray as man has
never prayed before, Miss Earle
would not deign to listen to me. If
she were here she would plead for
me. Oh Hilda can it be that I am
mistaken do not care for
me?"
She turned her face to him, and he
read his answer there.
While the fair flowers bloomed
around them, sending a thousand
sweet and fragrant messages, he told
her that same sweet old story that
the world has heard so long. and
never wearied of; the same story of
love, and youth, and hope; of love
that was to be eternal, ali-enduring
stronger than death. The words rang
to the familiar, ever beautiful
chime. Their music was new to
the young girl. who listened, and
thought she must be in Fairyland.
II do not think. Hilda," he said
his voice trembled with eagerness-
that | could bear my life without
you, | could endure all things with
you by my side, without you life
would be one long dreary blank"
The time came when Lord Bayne-
ham remembered the worus as
death-knell. One such hour comes in
every life perfect in it's love and hap
piness without cloud shade, or fear,
it came to them; and when the light
of the conservatory grew dim, and
the fragrant blossoms shown but
family in the evening cleaning,
Hilda had promised to be Lord bayne
hams wife.
Your life shall be just as the life
of one of these flowers" said Ulaud
mo shadow, no storm shall come near
YOU. | shall have but one care. and
that will be your happiness; and in
return for all my devotion, will you
give me little love, Hilda?'
"A little" she said, wondering if
he knew how much little meant.
You viii be happy at Bayneham."
Northern Wisconsin advertiser. [volume] (Wabeno, Wis.) 1898-1925, 1907-09-05

The Ohio State Medical Associa,,o,
charges Senator Foraker and Con
gresham Nicholas Longwortb with
oad faith toward the pure food and
drug bill.
Northern Wisconsin advertiser. [volume] (Wabeno, Wis.) 1898-1925, 1907-09-05
THINGS TO THINK ABOUT.

The new stadium at Syracuse uni
vers;ty, which is the gift of John D.
Archibold, the Standard Oil magnate,
is to cost $4,000 and when complet-
ed it will probably excel any other
like structure in size, cost, and beauty,
1t will be not only a notable acquisi-
ton to the growing collection of build
ings at the university, but it will also,
doubtless, be a, means CT strengthen
ing the position of Syracuse among
the universities in the matter of ath-
letics. The stadium will seat 10000
people and will be go feet long by
474 feet wide.
Northern Wisconsin advertiser. [volume] (Wabeno, Wis.) 1898-1925, 1907-09-05

The American dentist to the sultan
Of Morocco says he found that the mca
in that country are towards when it
comes to enduring the pain that ac-
companies an extraction or filling,
but the women undergo the ordeal in
a matter-of fact way.
Northern Wisconsin advertiser. [volume] (Wabeno, Wis.) 1898-1925, 1907-09-05

In the city of Spr:ns field, Mass, is
a private art collection which is
the largest and most varied own
ed by any one person in the
country. 1t is the property of
G. w. v Smith, who has spent over
fifty years getting it together, and it is
ranked with the New York Metropoli-
tan museum and the Wallace museum
CT London. Mr. Smith has lent his
collection to the city of Springfield to
make the LECTURES eventually the
property of the citizens.
Northern Wisconsin advertiser. [volume] (Wabeno, Wis.) 1898-1925, 1907-09-05

The pastors of the II 900 Presby-
terrain churches in the country have
been asked by the superintendent of
the Presbyterian department CT church
and labor to discuss some labor topic
in their pulpits on tie Sunday preced-
ing Labor day. The members of the
labor unions are to be asked to go to
the services and are said to heartily
approve of the plan.
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1907-01-26
NOTICE

/, William K. Hutchinson of Homo
lulu, County of Oahu, the husband or
Sabina K Hutchinson, hereby give no
tice that I have not signed and at
tached my signature consenting the
sale of the interest Of my said wife
in all the real estate mentioned in tina
mortgage made by Sabina *. Hutchl.
son ct al. TO Alexander Young, trans
ferred TO Sarah Sharp on August l.
A. D. 1902, recorded in the office OF
Registrar of Conveyances in liber los,
page 80, and a notice was publlsheo
III the Nupepa Kuokoa, Hawaiian
newspaper, for the sale at public auc-
ton on January 26. 1907, of all the real
estate therein at Jas. f. Morgan; now
therefor by this also give notlce
claiming against the mortgage or
grantee for the unlawful possession OF
the interest of my said wife.
Signed this 18th day of January, A
d. Iyv7. at kaiihiwaena, Honolulu,
County of Oahu. Territory Of Hawaii.
1884 w. K HUTCHINSON
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1907-01-26
LOS ANGELES bOOMS
COMING EXCURSION

The following is taken from the Los
angeles Times OF Jan. 4;
: The first excursion steamer to sail
out of San Pedro Harbor bound for
Honolulu and the Hawaiian Islands,
will bear members of the Chamber of
Commerce and their friends on a great
pleasure and business junket TO tell
the Hawaiians why they should make
the port of San Pedro and the city OF
Los Angeles their first port of entry to
the United States
Yesterday the pleasure trip was def
nitely decided upon and the following
message was sent to every member
upon a reply-postal card:
''Ho for Honolulu, from San Pedro.
The Chamber of Commerce is arrang-
ing an excursion to the islands of Ha-
wall and asks il you. your family or
your friends desire to take advantage
of the most enjoyable excursion ever
arranged for the entertainment Of the
members Of the chamber.
1.-The date OF the excursion is Feb
ruary %. The number OF people re-
quired to guarantee the excursion, 200;
the limit, 800. The capacity of the ship
is 500. First come, first served.
1.-THE rate if $3.50 round trip from
San Pedro TO Honolulu and Hilo, in
GLIDING meals and berths for twenty
FIVE days. Side trips on shore extra.
This rate includes board on the vessel
while in port
Entertainment will be furnished by
the residents of Honolulu, an enjoy
able time on board the vessel and
picnic every hour while on land.
Join the crowd and celebrate the
event of sailing on the first vessel for
Honolulu out OF San Pedro Harbor.
IAN immediate reply is requested
and must be in our hands by January
10 on return postal. No one will be
permitted TO be sick.
(Signed)
"R. H HEBRON. Chairman.
FRANK wIGGINS. Secretary"
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1907-01-26
REALTY TRANSACTIONS.
Recorded January Il. 1907.

Recorded January i, 1907.
W H Mays 70 Isaac NJ Cox. D: lot s.
blk q. Kaimuki Tract. Honolulu. Oahu
$40. B PSI. 1874. Dated Nov %, 1906.
Catherine E Mays to Isaac NJ Cox.
Rel Dow; lot s. blk %, Kaimuki Tract,
Honolulu Oahu. 81. B PSI, D 135.
Dated Dec IA. 1906.
Recorded Jan IA. 1907.
Gear. Lansing & Co by Trs to Robert
W Martinoff. D: lot 1. blk IA. Kaimuki
Tract. Honolulu, Oahu. $500. B 2S7, o
1856 Dated Dec Is, 1906.
Puaiole (w) TO Mary F Joseph (Mrs),
d: r P gr 1927, Kamananui. Waialua,
Oahu. 81, etc. B 2s7. p 137. Dated
Jan, 1907.
Mary o'Sullivan and hsb Co ct al
TO Maximum Alff. P A; Special powers.
3 aS4, D ass Dated Dec II, 1906.
Joe Roberts TO All Ting, L; pcs land,
Waikane, Koolaupoko, Oahu. 10 yrs at
$40 per annum. B 2ss. lie. Dated
July %, 1904.
Henry E Cooper and VT TO Bruce
Cartwright Jr. d; por gr 256, Manoa I'd,
Honolulu Oahu. sl400. B 2S7, 13s.
Dated Jan 12. 1907.
John Todd TO Maliama, L; ga land,
onouli-iki. s Kona, Hawaii. IS yrs at
crop rental. B 2ss, p Ill. Dated July
., 1906.
John Todd to Nisibono. L; 5a land.
Onouli-iki. s Kona, Hawaii. Is yrs at
crop rental. B 2SS. p 113. Dated July
? 1906.
Sarah C Waters by atty to Samuel
Kailimai and VT, Rel; 15a land and
bldgs, Kahua. Hilo. Hawaii. $500. B
2S5, % 495. Dated Nov 10, 1906.
Lahapa Quinn to Mary K Kapahu
CMrs). d: pcs land. Kau. Hawaii. $500.
2S6, 452. Dated June 20. 1906
John Fitzgerald to T o Mitchell, Rel;
mtg and add secy on lot 1e, blk 8, Pun
60 Lots. Hilo. Hawaii; 1-2 inst in ga
OF lot 3, Kaumana. Hilo. Hawaii.
$500 B 2s5. p 496. Dated Jan 5, 1907.
First Foreign Church and Socy Of
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1907-01-26
CONVICTED FOR
SALE TO MINOR

All Cheong. an Hotel street saloon
keeper, was found guilty of selling
liquor to a minor yesterday in the po-
lice court and was fined $50 and costs.
John Martin, on behalf of the Anti
Saloon League, was instrumental in Sc
curing the conviction.
Martha Torres refused to testify
against John Figueredo, against whom
she had brought charge of criminal
ity, in the police court yesterday.
Judge Whitney remanded the case
until Wednesday next
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1907-01-26
ELECTION OF OFFICERS.
BERGsrRoM MUSIC Co. LTD.

BERGsTRoM MUSIC CO.. LTD.
At the adjourned annual meeting Of
the directors Of the Bergstrom Music
Company. Limited, held on January 20.
1907, the following officers were elected
for the ensuing year:
J. w. Bergstrom. ....... President
c. J. Hutchins. Vice President
] C. Evans. Secretary and Treasurer
D. L. Van Dine. Auditor
The above-named officers, together
with A. Frank Cooke, constitute the
Board Of Directors.
J. C. EVANS,
Secretary, Bergstrom Music Co., Ltd.
1888
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1907-01-26
EXCITEMENT
OVER MARDI GRAS

Several secret meetings of the Kilo-
hama Art League were rumored yes
terday. Also mysterious correspond
.ence between the Honolulu r. T. & l.
Co. and the league. 1t is also anthem
ticallv alleged that a meeting OF the
leagues finance committee was held.
An extraordinary degree of reticence
toward each other regarding their re-
spective deliberations is said to have
been observed by the different juntas.
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1907-01-26
ANNUAL MEETING.

C. BREWER & COMPANY, LIMITED.
The annual meeting of the sharehold-
ers Of the c. Brewer & Company, Linn
tied, viii be held at the office of the
corporation in Honolulu. on Wednes-
day. February {, 1907, at 10 o'clock
a m.
z. f. BISHOP, Secretary.
Dated, Honolulu. January %. 1907.
1881
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1907-01-26
NOTICE TO STOCKHOLDERS
HONOLULU RAPID TRANSIT AND
LAND COMPANY.

Notice is hereby given that the
annual meeting of the stockholders or
the Honolulu Rapid Transit and Land
Company will be held at the pres1-
dents office, room 500. Stangenwald
building, in the City of Honolulu,
County Of Oahu. Territory of Hawaii,
on Monday, the 2Sth day of January
1907, at the hour of a. m, for the
hearing and consideration of the annual
reports of the officers and such other
business as may come before the meet.
ing.
By order of the Board of Directors.
GEORGE P. THIELEN,
Secretary.
Honolulu, January IS, 1907. 1928
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1907-01-26
ANNUAL MEETING.
HoNoMU SUGAR COMPANY.

The annual meeting of the share.
holders of the Honomu Sugar Com.
pany will be held at the office of c.
Brewer & Co., Ltd, in Honolulu, on
Saturday. February 2, 1907. at IL
o'clock a. m.
E. F. BISHOP, Secretary.
Dated, Honolulu. January &c, 1907.
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1907-01-26
SHOOTING.

Shooting over the Honolua Ranch
lands without the permission of the
undersigned is strictly forbidden.
r. c. SEARLE,
Manager.
Honolua, Maui. January q, 1907.
1888
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1907-01-26
ANNUAL MEETING.
wAILUKU SUGAR COMPANY.

The annual meeting of the share
holders of the Wailuku Sugar Company
will be held at the office of the e.
Brewer & Co, Ltd, in Honolulu, on
Friday, February 8, 1907, at 10 o'clock
a. m.
E. f. BISHOP, Secretary.
Dated, Honolulu, January 26. 1907.
1884
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1907-01-26
ANNUAL MEETING.

OOKALA SUGAR PLANTATION
COMPANY.
The annual meeting OF the sharehoid-
ers OF the Ookala Sugar Plantation
Company will be held at the Office OF
c. Brewer & Co.. Ltd, in Honolulu,
on Friday, February 1. 1907, at 10
o'clock a. m.
E. +. BISHOP,
Secretary.
Honolulu, January Is, 1907 76zS
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1907-01-26
MERCHANTS ASSOCIATION MEET
ING.

The annual meeting and election of
officers of the Merchants Association
of Honolulu will be held at the asso-
citation rooms, Young building, on We'd
nesday, January 80, 1907, at o'clock
p m.
E. III. PARIS,
Secretary, Merchants Association.
1922
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1907-01-26
HAWAII SHINPO SHA.

THE PIoNEEH JAPANESE PRINT
ing office. The publisher OF Hawaii
Shinpo, the only daily japanese paper
published in the Territory Of Hawaii.
C. SHIOZAWA, Proprietor.
Editorial and Printing office-1os4
Smith ST., above King. Phone Main 40.
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1907-01-26
ELECTION OF OFFICERS.
CONSOLIDATED SODA WORKS CO.,
LIMITED

CoNSOL1DAlEDt SoDA WoINhS ~,
LIMITED.
AT the annual meeting of the stock
holders of the Consolidated Soda Water
Works Company. Limited, held at the
office of Wade Warren Thayer, Stan
genwald building, Honolulu, on the oath
day of January, 1907, the following Of
f1cers were elected to serve for the
ensuing year:
P. A. Parmelee. President
H A. Parmelee. Vice President
Wade Warren Thayer. Secretary
H A. Parmelee. Treasurer
Willard E. Brown Auditor
The above officers constitute the
Board Of Directors of the corporation.
WADE WARREN THAYER,
Secretary.
Honolulu, January "a, 1907 1858
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1907-01-26
Business Men!!

qWill you helpa Picturesque Honolulu "
will do wonders for Honolulu promotion
work. qThere will be an edition of not
less than $4,000 to be sold at Fifteen
CENTS EACH. lTo meet the cost, fair
amount Of special advertising is necessary.
Our solicitors will call and talk about it.
lOrders for picturesque Honolulu"
should be given now.
HAWAIIAN GAZETTE CO., Ltd.
s.. CRANE, Manager.
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1907-01-26
NOTICE TO CREDITORS.

ESTATE WALTER CLARK.
Any person having claims against the
late Walter Clark of Kamehameha
please send Same to Mr.. P. L. Horne
at Kamehaneha Schools 1858
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1907-01-26

The above is only partial memorandum of the
ton listed for the great forthcoming number The product
will be magazine of the first quality wewen, spendidy
illustrated printed fine book paper photographs to be
Gartley best the type and press used in the mechanical
production Illuminated covers.
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1907-01-26

Following the S. S. Ventura, the next
mail from San Francisco is due on the
afternoon of January 80 by the Hong
kong Maru
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1907-01-26

Honolulu, January IS, 1907.
The Spokane press. [volume] (Spokane, Wash.) 1902-1939, 1907-11-19
POSTAL BANKS
SAYS JONES
YAKIMA STATESMAN POINTS
OUT LAME SPOTS IN PRES
EMIT SYSTEM AND NAMES
THE REMEDY.

NORTH YAKIMA, Nov. 19.-ln
an interview yesterday Congress
man Wesley L. Jones, candidate
for L. S. senator, came out square
ly in favor of postal savings banks.
"A national postal savings bank,
said Mr.. Jones, would go a long
way toward providing elasticity re-
quired to relieve a situation like
the present. Under the existing
banking system, money to the
amount of several times the cap
ital Of the bank is deposited in it
without the slightest security eX-
cept faith in the men at the head
of the institution. This should not
be. When an individual wants to
borrow a little money, no matter
how good his standing may be, he
is compelled to put up security and
generally the security is several
times the value of the loan. This
should also be the case with the
banking system. 1t is the lack OF
security that causes the panics.
IF the people knew that the
government, with its vast re
sources, was behind the bank
where their savings are deposited
a panic would be impossible"
Mr.. Jones gave it as his opinion
that important action on this sub
iect would be taken by the next
congress.