davidaulloa/AmericanStories huggingface dataset:
Semi-weekly herald., 1907-12-19
LAME BANKING LAWS.

Colorado has been backward in pass
ing rigid banking laws. The Herald
has called upon the Legislature at sy-
cry session for the past twenty years
To enact a suitable measure but '.n.
fuences" have always prevailed 20
kill bills introduced State banking
laws, MS well as national. should be
very strict. The state law should pro-
vide for the examination of banks ev-
ory go or 90 days. and it should be
the duty of the examiner to carefully
scrutinize securities and where the
banks capital is impaired by question
able loans the deficiency should AT
once be made good or the banks forced
to retire. With such a law II would
not be possible for any banking IN
stitution To become burdened with
questionable security.
The Herald does not undertake. TO
say that it is always possible :or a
bank cashier or president TO loan
money without occasional loss. Re
quests for small loans are often made
and granted where il IL hard to turn
the applicant down and once in "A
while the bank gets left, but there IL
no criticism for such transactions. Ey.
cry merchant sells goods ON time to
men they consider shaky. but they
take the chance for a few hundred
dollars. Banks must do the same. but
when II runs into the tens OF tnou
sands on collateral that cau not he
readily turned into cash Ii is a differ.
ent question. The Herald does not
believe that either OF the closed banks
thought of losing cent when the
loans were made. hut II they had been
saie-guarded BY watchful bank exan-
lner they would not have made money
loans that appear on their books to-
day, and be mighty thankful FIR IT,
Again, state and national banks
should be conducted solely os baniting
Institution and not permitted under
any conditions to use the funds of the
bank. either capital or deposits, for
other business interests. II n loln IL
made and ii becomes necessary to take
in property II should be dispo sed
OF the first opportunity and the def
cheney charged to profit and loss. This
carrying dead horses is moi a good
policy and with proper banking laws
this would not be permitted
The Herald is not advancing now
thoughts Our columns have always
been along this policy. There is no
failure that hurts like II bank closing
and the men conducting banks have
great responsibility that must bc
faithfully met.
The Heralds loss in other bank IS
so small that we wouf6 gladly con
tribute every cent ii IL would assist
them in any way. hence our comments
arc not from a personal standpoint.
but the general public whom every
honest newspaper must serve.
In the meantime We are goiag to
take the word of the bank officials
that they win face the music and use
every honorable means to protect the
creditors. 1t is the only thing tho
can do at this time. and we are Tor
giving them a show
Semi-weekly herald., 1907-12-19
LOCAL NEWS.
cFrom Wednesdays paily)

Geo. Slough departed for Denver
this morning.
r. w Ritter left this morning bound
for Pagosa Springs.
c. l.. Hoagland is up from Red mesa.
stopping at the Palace.
Only on case of typhoid reported
in the city last month. Not so bad
Superintendent w. T. Shelton of the
Shiprock indian agency. Is in the city
today, having arrived last evening
o
District Attorney Pulliam departed
this morning for Pagosa Springs 10
attend The district court session.
II is getting in the neighborhood oi
real cold. The Thermometer registered
4 degrees above at 6 this morning.
O.
Richcys is the place to get Christ.
mas candies and toys of all kinds.
They also have other goods suitable
for Christmas presents.
j. l.. Jones. chief engineer OF the
Rio Grande fourth division came in
from Alamosa last evening and went
out this morning.
When the city gets its rock crushel
and new snow plow in shape the street
supervisor will not complain OF lack
OF something to do.
Alderman Naegelin. who has been
under the weather since the fire was
able TO attend council meeting last
night. but is not feeling any too good
Just take a peep AZ the Brunswick
windows. Lovely. aren't they? Well
everything inside IL Just as fina, es
pecially those Christmas candies.
%
w. IL. Martin, night policeman. re
turned from Denver last evening
where he was subpoenaed as witness
before the United States grand iury
Lawrence Miller has been acting foi
him during his absence.
%
A. l.. Pace Is in from Bayfield, today
A. b. Nelson ig hack from a triI
TO California.
d. J. Rnsk of the government scry
ice. is in from the Chama countr.
today.
| Judge Pike will soon appoint two re
I csivers for tho banks and wh)cve
Semi-weekly herald., 1907-12-19

to business and put a stop to further
trouble. And ii is a gratifying fact
n know that the failure OF the two
state banks has had no bad effect on
the First National and not the slight
est uneasiness is expressed in regard
to this sound institution which never
was in as good shape. Depc ,s have
been increasing since tn tate
mcnt which was one of the &. fA'n Ne
United States and the closinA & K.
Smelter City State bank this MT 8 9
did not result in the slightest fiu. Q
except the bank was doing land OF.
fee business. opening dozens OF new
accounts with merchants who have
been doing business with the other
institutions and the deposits of today,
Saturday and since the closing OF
beth banks exceeded the witdrawals
for business purposes.
This morning the First National
bank received kilograms from two
strong Denver banks asking If IL ra-
quircd assistance. The officials re-
piled that it had all the currency re-
quired. In an interview this afternoon
Messrs. j. L. Mcneil and A. p. Camp
said:
We have not the slightest cause
to feel uneasy. The bank is well
supplied with currency and offers from
Denver have been refused. We are
prepared to meet all requirements
without even calling in any OF our
loans. IN fact. you can assure the
business interests through the columns
o. The Herald that they will not be-
hnmpered in any way and it will not
be necessary to call in any loans"
This condition is certainly crafty
ing. II means much for Dnraugo and
southwestern Colorado .nasmuch as
ii affords an absolutely safe medium
for the transaction of business. And
the fact that hundreds OF new ac-
counts are being opened should set
even the timid at ease as to the fu-
ture OF Durango. From this on the
financial atmosphere VIII rapidly clear.
1t will not he long before depositors
will begin TO realize from the closed
Institutions and Durango viii forget
all about the furry.
Semi-weekly herald., 1907-12-19
OUTLOOK NOT VERY BRIGHT.

The creditors OF the two defunct
Durango banks might as well be pre-
pared for rather n bad showing.
The Herald has heretofore held out
that the affairs were 50 conducted that
depositors stood a splendid show OF
receiving dollar for dollar-and this
may still he the case. but II does not
look good.
The above is in line with statements
and reports submitted at the two
meetings yesterday. the first of deposi
tors OF the Smelter City State bank
at 1880 and the second of depositors
of the Colorado State bank at 1870
1t is not the intention of The Herald
TO publish street rumors or unofficial
statements made at these meetings.
but there were some ugly remarks
made at the first mentioned meeting
of Smelter City State depositors. II
will require time and complete inves.
tigation of the books TO show the truth
or falsity OF the statements ami al
legged favoritism. The Herald will
await such Investigation and will thon
publish the report OF the auditing com.
mittee which will show the manner Of
conducting business.
From information at hand II does
not appear that the last named bank
will be able to meet It's obligations.
bnt Charles f. Mcconnell, president of
the bank. assured a representative OF
The Herald Monday that every dollar
n - IA Il lie To-
would be sacrificed to pay creditors
the last cent and he says he is con.
fldent OF doing this within the year.
The report submitted by the examil-
ing committee to Colorado State bank
depositors shows a large portion OF
the banks collaterals hypothecated to
outside concerns, and also that In
many instances two TO three times
more money was loaned on property
than II will bring even under favor.
able conditions.
That it will take some time before
deposltors can realize seems assured
from the fact that the outside credit
ors must. first be released in order 10
protect hypothecated sureties given In
double the amount.
II is well the people should know
this and The Herald feels II duty to
deal honestly with the public.
And 1t hurts to make these state
ments. because we have been more ol
less closely associated in a business
way and long years OF friendship.
However, we believe every one con
nected with the institutions will exert
every effort to bring about happ,
| result and we trust that every de-
positor will be paid dollar for dollar
and more especially the poorer elias.
and children who invested their sa,
ings. because we have run acros,
many who can III AFFORD to lose
| cent.
! But all will have to patiently wal
for a fun and complete report.
Semi-weekly herald., 1907-12-19
Per Year $50
A Hard Debt to Pay

Il owe debt of gratitude hat -
never be paid on" writes @. 5. cIa...
o, Westheld, iowa, FOR my rescue
from death. by Dr. Kings New DIS
covery. Both lungs were 80 seriously.
ly affected, that death seemed III
minent. when commenced tak..g
New Discovery The ominous dry
hacking cough quit before the nrst
bottle was used. and two more bottl y
made complete cure" Nothing has
ever equaled New Dicovery for
Coughs. colds and all throat and iur
complaints. Guaranteed by Geo E.
Tiffany. Jr,. druggist. soc and 81. =.
Trial bottle FIRE.
Semi-weekly herald., 1907-12-19
NOTICE FOR PUBLICATION.
Department Of the interior.

Land Office at Durango. Colo. Octo-
ber 2. 1907.
Notice IL hereby given that John e.
Williams OF Bayfield,. Colo. has nled
nctlce OF his intention to make Anal
communication proof in support OF his
claim, viz: Homestead Entry No.
1928 made May 80. 1904. for the NE.
4 Sc. u section 8. and NV. u
s.w u and s. u s.w. Y section 8.
township "a North. range 7 west. N.
~ P. NJ, and that said proof win be
made before the register and receiver
at Durango. Colo. on Dec. n. 1907.
He names tne following witnesses
TO prove his continuous residence upon
and cultivation OF the land. viz:
Virgil Hammer. Allen Snyder. Don
G. Coulson and II. D. Brindle. all OF
bayfield,. Colo.
F. C. PERKINS, Register.
First publication Nov. IA.
Last publication Dec. 10.
Semi-weekly herald., 1907-12-19
THE LIMIT.

why" said u II Hartman, at a
dinner in New York, "things have
come to such pass that soon the
man who is successful and rich will
be looked upon with as much mistrust
as the lawyer OF the tale.
This lawyer said sadly to his wife
ON his return home one night.
people seem very suspicious of
me. You know old Jones? Well, did
some work for him last month, and
when he asked me for the bill this
morning | told him out Of friendship
that | wouldn't charge him anything.
He thanked me cordially. but said he'd
like receipt. Exchange.
Semi-weekly herald., 1907-12-19
BREATHE THROUGH THE NOSE


London Answers.
Correct breathing Is one OF the most
salutary tonlcs OF which an lnvaliG
can take draft. On the other nald.
Incorrect breathing is more harmful
to the system than vinegar-and-m illl
or harn-and-jam sandwiches of the
schoolboy order because the diseases
that IL generates are more than ten-
porary--thcy are chronic.
Breath through the nose that is
what the nose is really for Each OF
our features has some definite anu
practical use--eyes are for seeing. ears
for hearing. mouth for eating, and nose
for breathing Because one smells
with ones nose, it does not follow
that there Is no other important ,unc-
ton assigned to thnt feature. We cry
with our eyes. but for that reason We
do not close them. In the belief that
they are not meant for seeing
Recent Investigations showed that
the palates of an alarming proportion
of the population of London are not
pink as they should be, but of bmisa
hue That is because the London at
mosphere is so impure. But II Lon
doners all breathed through their nos
trils instead OF through their mouths,
the air would have been filtered before
II reached the lungs. and very llffer.
ent story would be told
Each respiration should be long.
drawn and regular. Cases have re
Gently occurred In which indigestion,
consumption. insomnia. and seaslck-
ness have all been cured by proper
attention 10 and systematic exercise
In correct hyglenic brcathilg.
Semi-weekly herald., 1907-12-19
Cured Of srIsht's Disease.

Mr.. Robert o. Burke. Elnora. n. Y.
writes Before I started to use Fol
eys Kidney Cure had to get up from
twelve 10 twenty times night. and
was all bloated up with dropsy and
my eyesight was 80 impaired could
scarcely see one OF my family across
the room. had given up hope of !,v.
ing. when a friend recommended Fol.
ey's Kidney Cure. One so cent bottle
worked wonders ami before had taken
the third bottle the jropsy had gone.
as well as all other symptoms of
Bright's disease" Geo e. TIFFANY. Jr
Semi-weekly herald., 1907-12-19

receives the appointment will be re-
qulred to devote his best energies to
settling up the affairs of the banks
as speedily as possible and for the
hest interests OF ali concerned. The
occasion will not he taken advantage
of to merely furnish some man job.
He viii have 10 make good
The Reading club viii meet with
Mrs. Geo. Spangler. 1883 Third avenue,
Thursday afternoon.
The receivers of the defunct ranks
will not have pleasant job even
under the most favorable conditions
%
Merchants are making their Christ
mas display and disposing of Christ
mas goods as though nothing had hap
pencd to disturb the financial serenity
II Is expected that several outside
contractors will put la bids on The
sewer construction Bids must hc in
on C before the 9Th of next January.
o
While the bank failures will work \
hardship on many no one Is liable TO
suffer from hunger on account of them.
The poor We have with us always aud
they win he taken care of as usual
d
OW Silyerton and Telluride core
spondents state that there is no I'M
easiness in those towns Tegarfing
their banks. They are in a sound con
dition and will continue to do business
right along.
Semi-weekly herald., 1907-12-19

recommendation be made to Judge
Pike TO fix the compensation OF the
receiver mt $3.50 month. IL was also
decided 10 select two men to recon-
mend for the appointment OF receiver.
The names of G. c. Eddy. 4. w. Ayres
and w w. PaBhall were votel on
and Eddy and Ayres receiving The
highest number OF votes were declared
the choice OF the meeting. It was fur-
ther mol ed that the meeting designate
its preference of the two selected.
.. c Eddy received the highest 1um-
, Of votes and he was designated
>. ST choice for receiver.
~. 1epositors then selected nnrr7
o. l. A Pulliam and John Casey
asAT, sorry board to consult with
and the receiver in accomplish.
ing the best results.
Before adomrning MIR. jackson stated
that Just as soon H. any 2afni'e in.
formation could he obtained a mcating
would he called and the depositors
would be given fullest details.
Semi-weekly herald., 1907-12-19
A WoMAN's BACK.
The Aches and Pains VIII Disappear
II the Advice of This Durango
Citizen is Followed

Citizen is Followed.
woman's back has many acnos and
pains.
Most times tbs the kidneys lauls.
Backache Is really kidney ache,
That's why Doans Kidney Iflls
cure H.
Many Durango women know tbs.
Read what one has to say about Il.
Mrs r. w. Dobbs, OF 800 East
Third street. Durango, Colo says: u
could hardly get around at timcs on
account Of my back hurting 50. The
pain varied in severity. now AMI then
being acute and extending into the
right shoulder blade. though 1t itas
more often a dull. tired aching right
across the small of my back which
seemed TO trouble me more ut right
than during the day and was troubled
with these attacks for three o. foer
years | knew the trouble was carser
by some dlsordered condition of the
Kidneys as always when my buck
pained me. the secretions contains a
good deal OF brick dust sedlmenr. /
read about Doan's Kidney Pills and
had my husband procure me a boz at
Tinany's drug store. They sool ban
lshed By hackache and restored the
kidneys to a normal and healthy con
dition. could sleep better nights. nn
the dull, tired feeling disappeared.
am Indeed thankful for the great bene
tit received from Doans Kidney pills.
For sale by all dealers. Price 50
cents. Foster-Milburn Co. Buifalo. n
g., sole agents for the United States
Remember the name-Doan'5 and
take no other.
Semi-weekly herald., 1907-12-19
NOTICE FOR PUBLICATION.
Department of tho Interior.
First publication Nov. IA.
Last publication Dec. 10.

Land Office at Durango, Colo, Do
cember Is. 1907.
Notice Is hereby given that Charles
] lie Faiyre OF Isnacio. Colo. has
filed notice OF his intention to make
final fiye-year proof in support Of his
claim, viz: Homestead Entry No.
2494 made May IA. 1902. for tho VIZ
N.w.A. M S.w.A section 20. town
ship "a north, range 7 west. N. NJ. p.
NJ. and that said proof win be made
before the register and receiver at
Durango. Colo. on January IS. 1908.
He names the following Witnesses to
prove his continuous residence upon.
and cultivation OF. the land. viz:
Pleasant Balm. Lee Patrick. Alsx-
ander Morris and Warner A. King. all
OF Ignacio, Colo.
F. c. PERKINS. Register.
First publication Dec. 10.
Last publication Jan. IT.
Semi-weekly herald., 1907-12-19
oaneIna proves Fatal.

Many men and women catch cold
at Jances. which end in pneumonia
and consumption. After exposure. II
Foley's Honel and Tar is taken II
will break UP cold and no serious
results need be feared. Refuse any
but the genuine in yellow package.
Geo. Z. Tiffany. Jr.
Semi-weekly herald., 1907-12-19
Apendicitis

IL due In large measure to abuss Of
OF the bowels by employing drastic
purgatlyes. TO avoid danger use Oh
" Dr. Kings New Life Pills. the safe
gentle eleanSers and inylgorators.
Guaranteed to cure headache. bilious
ness, malaria. Jau1dice ut Geo. e.
Tifany. Jis drug store. 25c.
Semi-weekly herald., 1907-12-19
This Is Worth RemberIno

AS no one is immune. every person
should remember that Foley's Kidney
Cure will cure any case of Kidney or
bladder trouhle that is not beyond tho
reach of medicine. Geo. e. Tiffany. Jr.
Semi-weekly herald., 1907-12-19

We have secured the agency for
orino Laxative Fruit Syrup. the new
laxat' ye that makes the liver lively,
purifles the breath. cures headschs
and regulates the digestive organs.
@. r. Tiffany. Jr.
Semi-weekly herald., 1907-12-19
The New Pr. Food and oruo Law

The New Fare Food and Drug Law
We are pleased to announce that
Foley's Honey and Tar for Coughs.
colds and lung troubles Is not affected
by the National Pure Food and Drug
law as 1t contains no oplates or other
harmful drugs. and'we recommend II
as safe remedy for children and
adults. Geo. Il. Tiffany. Jr.
Semi-weekly herald., 1907-12-19
UNOFFICIAL STATEMENT.

representative of The Herald cali
ed at the Mcconnell residence this
afternoon and found Mr.. Mcconnell
sorely grieyed and he could not refrain
from bursting into tears and weeping
over the humiliation OF being forced
to close after thirty-three years ca
reer in banking. He said:
81 do not care for myself, but To
think tina, | am placed in this kind
OF position through no fault of mine
and that friends who have trusted me
to the fullest extent will be compelled
to wait time for their money.
win say that the bank will not resume.
1t has not been q money maker but
| have remained with it. putting in my
individual money until such time as
! could liquidate in an honorable man.
Der. and some months ago / thought
this would be the case. but the money
stringency coming on cancelled all in
yestmerts of the most promising ma
ture simply because men could not
withdraw money from banks While
hanks throughout the country in tho
larger cities have resorted to cashier
and clearing house certificates small
banks have been compelled to pay
out currency. With the idea that |
k.ould pull through by careful man
Sagenent l received 10000 from my
brother week or so ago, depositing
this in my name and of this 10000
there remains a credit of $500. but
since the failure of the Colorado State
bank the drain on the banks resources
nave increased. about $4,000 having
been withdrawn since that institution
closed and with men willing to come
TO my rescue for $4,000 or more in
ordinary times. unable to raise money
xh follateral of any kind there was
one thing left to do-turn the
6nstitution over to State Bank EN-
aminer Beatty. | do not owe the bank
dollar and the money to my indi.
yldnal credit will not be called for IN.
fnll. The deposits foot up about $780,
400 and | feel confident in assuring
every depositor that they will receive
dollar for dollar as in addition to the
banks assets my time and individual
interests will be devoted to this end
and | believe that within year liqui.
dation will he complete. Had the bank
been able to realize on some good
loans II would not have been necessary
to close. but with the present strin.
gency this was impossible.
ln II day or two statement will
he made and a meeting of depositors
called to decide upon the best method
10 pursue. In the meantime | want to
assure every one that should the bank
assets fail to make good to depostors
that my every individual interest viii
be- devoted to the deficiency"
The strain on Mr.. Mcconnell has
been great and he was compelled 10
90 home and remain there during the
day. being completely prostrated over
the turn of affairs.
At 3 O'Clock this afternoon a re-
porter called upon Mt Beatty at the
bank for a stat ament. Mr.. Beatty
said he was unable to give out any
thing-that he had not had time to 90
over the books or even check up the
funds on hands and that II might be
day or two before statement OF
any reliable character could be made
hut from general information heal,e-
lieved there was no need for general
alarm.
Semi-weekly herald., 1907-12-19
Pneumonia FOLLOW. !. c,Ia

Pneumonia Follows 4 Cold
but never follows the use foley's Hon
ey and Tar. It stops the cough. heals
and strengthens the lungs and pre-
vents pneumonia. G. E. Tiffany, Jr.
Semi-weekly herald., 1907-12-19

Foley's Kidney Cure will cure any
case nj kidney trouble that Ia not bs-
yond medical aid. G E. Tiffany. jr.
Semi-weekly herald., 1907-12-19

When wise man IL too tired to
think his talk is sure to sound fool
ish.
Semi-weekly herald., 1907-12-19

Women with natural curls arc apt
to have few kinks In their disposi-
ton
Semi-weekly herald., 1907-12-19

In Cincinnati man recently took
seventeen wives in one day. He's a
photographer.
Semi-weekly herald., 1907-12-19

When some men start out to look
for the deserving poor their nrst stop
Is In front OF mirror.
Semi-weekly herald., 1907-12-19

Somehow the average boy lacks Z
mania for acquiring good conduct
marks at school
Semi-weekly herald., 1907-12-19
COLORADO STATE BANK.

State Bank Examiner Beatty arrived
from Denver Saturday evening and
took charge of the Colorado State
bank and this morning thought he
would be able to give out a statement
IN time for the afternoon paper but
shortly after O'Clock he said he could
not do so owing to the failure OF the
Smelter City State bank which re
quired his attention. However, Mr..
Beatty said from a hasty glance he
was convinced the Colorado State
bank held much excellent paper and
he believed everything was in pretty
good shape. But he added that it
would take time and investigation TO
give fairly accurate statement OF
the actual resources.
The failure OF the Smelter City State
hank naturally causes depressing ef-
feet among our citizens, coming as ii
dnes 80 closely on the failure of the
Colorado State hank along with Other
failures and the big fire. However
there is a much better feeling than
one would suppose. There appears tc
J be strong determination to get dowr
Semi-weekly herald., 1907-12-19

ANY man who would boast OF his
charitable ae 4 is eligible for tin
halo.
Semi-weekly herald., 1907-12-19

A man can believe he has most ang
disease unless the doctor tell him 50