davidaulloa/AmericanStories huggingface dataset:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-28
LONDON OPTIMISTIC.

London, Oct. N.-While the sensation
mongers here and in other European cap
itals have seized on the crisis in New
York to discredit American finance and
financial methods, there is a strong note
of optimism in more reliable and saner
quarters. Though acknowledging that the
crisis is disturbing to the nerves of the
financial world, ii Is not forgotten that
the industrial and agricultural prosper
ity of the United States is extremely sat
isfactory,
The money market trouble, coming
with the admitted general prosperity,
seems to bother all pervasive professional
critics of American financial conditions.
but all are willing otherwise to praise
the more prominent institutions fol-. so
splendidly withstanding the runs on their
Golfers. The situation is described as a
rich mans crisis, but poor mans panic.
At the same time It Is insisted that, while
the unreasoning fears resulting In panic
may be assuaged, the crisis remains. Inc
crisis is alleged to have been due to
gamblers who have built up a tottering
fabric Of manipulation and chicanery on
the broad basis of general prosperity.
1t is pointed out that prosperity Will De
cleaner for the removal OF rotten super
structure. and In the wreckage caused by
the downfall of the gamblers investors
will find more of an opportunity for pick
ing up cheap, sound stocks.
Now is the time to buy, Is note
not infrequent in general comment Ii
is not unreasonable to believe that the
comparative calmneSs with which Europe
views the situation may be due TO the
greater and more reliable dissemination
of news. few years ago in the news
from the United States panic was a
panic. and nothing more; now reasons Tor
and details of a crisis enable thoughtful
persons to differentiate between runs on
banks by ignorant foreigners and With
draWals by sober-minded investors.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-28
FINE CHANCE TO
MAKE GOOD TURN
Continued from Pace {.

The Temps says: "A rich country like
America, which cannot operate without
foreign credit or survive a crisis with
out government aid, is badly organized
from a monetary standpoint. The crisis
must serve as a lesson. not only to Ameri-
cans, but to foreign capitalists, who
should refuse to become involved until
America gives proof of prudence and wis
dom by radical monetary reform"
With a few exceptions, President Roose-
welt is acquitted of blame for the crisis.
The Journal des Debats says:
THE attempt to throw the responsibility
upon President Roosevelt for what has
occurred only proves that the abuses he
pointed out really existed. The action of
certain American financiers was bound to
result, sooner or later. in a catastrophe, and
it is to be hoped this will serve as a les
son for the future"
Arthur Raffalovitch, q high financial
authority, takes similar view in the
European Economist. He considers the
failure of the American government to
provide a bank of issue which would
control the interest rate at the root of
the evil, but says that President Roose-
welt cannot be scapegoat for the abuses.
The responsibility rests with others, lie
says.
French bankers do not expect Paris
to furnish gold for New York, at least
for the present, and anticipate that Lon
don will supply a considerable amount.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-28
Situation at Omaha.

Omaha, Neb., Oct. 27.-After a day
spent in telephone communication
with every city of Importance in the
middle west, the Omaha clearing house
association decided that, beginning to-
morrow, clearing house certificates will
be issued as a protective measure. The
association paused in its deliberations
to issue a statement to the Associated
Press. signed by President Henry w.
Yates, as follows:
SO far as local conditions here are
concerned. not the slightest cause ex-
lists for the action.
1T would be futile for the Omaha
banks to undertake to meet the cur
rency demand which would be made
upon them, not only for the normal re-
quirements of their business, but they
would also be required to supply the
demand ordinarily supplied from Chi
cago and New York"
One of the leading bank presidents
stated that the conditions in Omaha
were never better in the city's history,
and they could hardly be better than
they are. The one savings bank de-
cided today to begin enforcing the time
allowance provision in withdrawing
funds tomorrow
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-28
INDIANS WERE ROBBED.

Washington. Oct. "a subcommittee
Of the senate committee on Indian af-
fairs. consisting of Senators Teller, La
Toilette and Curtis. will leave the city
tomorrow for Texas and Mexico. for the
purpose of investigating the trouble be-
tween the Mexican KickapoO Indians and
the interior department. The Indians.
who are now located in Mexico. allege
that they were fraudulently induced to
convey their lands in Oklahoma and that
no lease money has been paid to them for
three years. On the other hand. the de-
partment makes charges against NJ J.
Bentley the representative of the In
dams The controversy has existed Tor
several years and at times has been quite
acrimonious The committee will also
visit different points in Oklahoma and
it is expected that a months time VIII
be required for the inquiry.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-28
ONSLAUGHT BY
JOSEPH F. SMITH
President of Mormon Church
Goes King lanes One Better
in Matter of Tobacco.
Especial to The Herald.)

Logan. Oct 27.-The regular quarterly
conference of the Cache stake began here
yesterday and for the first time in many
years President Joseph T. Smith was in
attendance; also his son, Apostle HyTum
NJ Smith. Both of them delivered ad-
dresses during the day. Joseph +. making
a very vigorous speech at the afternoon
meeting His structures uDOn the use OF
tobacco were very fOrcible, to say the
least. He laid it down cold and flat that
no Latter-day Saint can retain the spirit
of God and use tobacco, since the spirit
will not find habitatiOn in unclean tab
ernacles. He urged all those who feel
that they must smoke to seek an out
house or similar place, and smoke, but
rot TO offend and insult others by pol
luting the air with the fumes Of TO-
bacco.
The speaker was insistent in laying
down this as a fundamental fact: That
no man ever left the Mormon church
who was guiltless OF some sin that he
had not repented of, and the greater the
sin the more bitter his opposition to Nor
monism. President Smith was very for
chile in his talk, which apparently made
profound impression upon his hear
erS.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-28
Not Felt In Cleveland.

Cleveland, o., Oct. 27.-The financial
furry in New York last week had no
appreciate Ill effects on the situation
in Cleveland, according to the unani-
nous expression of bankers and other
financiers of this city. The present
week is entered upon with mistaken
confidence and with a favorable out
look for the entire week. Local bank
ers say there is no stringency IN money
in this section of Ohio, and no feeling
of uneasiness has been manifested by
either depositors or those Interested in
securities. Thus far no action has been
taken by the local clearing house off,
Gals, but a meeting is being held by
bankers and clearing house officials.
and a definite plan on this subject will
be announced tomorrow
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-28
REACHED OUT FOR HIS CAN
Manner in Which 0rlo D. Parker
Lost His Life in Sugar Fac
tory Machine.
Especial to The Herald.

Rexburg, Ida, Oct. 27.-Orlo D.
Parker, the young man who met death
IN such tragic manner at the Sugar
City sugar mill, was tending a number
Of centrifugal machines when the IA
tally took. place. 1t is thought that
he let his sprinkling can fall into one
of the rapidly revolving machines and,
reaching for it, fell headlong. His
companions, at nearby posts, heard a
yell and, looking in that direction, saw
the young mans feet sticking up out Of
the spinner. The factory officials are
much grieved over the sad death of
the young man. Messrs. Cutler and
Fehnal were in town yesterday look
ing after the preparation OF the re-
mains. No word has yet been received
from the relatives. The young man
had worked but a short time at the
factory From q diary that he had been
keeping it was learned that he worked
for a time at different places and kept
travelling westward. He was about six
feet tall and weighed nearly 200
pounds, being a fine specimen of phys
ioal manhood.
The Woodmansee-W Webster Co. has
completed its big contract on the Park
branch Of the Oregon Short Line and
the railroad outfit has been moved
down to the ReXburg depot. Inc cOHl-
pany has not decided whether to &C
cept a contract on the Western Pa
cific or go to Oregon.
The boring tests being made in the
Teton Basin have proved successful
and show a seam of sgood coal at a
depth of $50 feet. 1t is reported that
the Oregon Short Line will not build
this fall into the basin, but will be-
gin as soon in the spring as possible.
Unless the coal situation loosens up
a little. Rexburg will be without light.
The electric light company has a
standing order for seventy-f1ve tons of
coal per month, but so far this month
has not received a ton. An attempt
was made a short time ago to con-
solidate the Rexburg and Fremont
power companies, but no understand
ing was reached.
Peter McCullock of Hibbard fell off
a beet dump a few days ago and broke
his shoulder.
Sheen are now being moved from the
summer ranges east of Rexburg and
proceed west to the winter or desert
ranges.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-28
OvERTURN|NG OF
AN AUTOMOBILE
James Reddick, Chairman of
Chicago Republican Central
Committee, Meets Death.

Chicago, Oct Thames Reddick,
chairman of the Republican county
central committee and public admins
traitor, was instantly killed early this
morning by the overturning of an au-
tomobile in which he was riding near
Libertyville. a suburb of Chicago. Mrs
Reddick, Mr.. and Mrs. Charles Taylor
and Mr.. and Mrs. Villa Wells, the
other occupants of the car, escaped
with only slight injury. The acct
dent was due to the skidding of the
automobile on a muddy road, which
caused 1t to upset in a ditch Mr. Red
rick occupied a rear seat with his
wife and, although she was thrown
some distance. he was caught be-
meath the tonneau and crushed to
death.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-28
Views of Denver Bankers.

Denver, Oct. 27.-Financiai men of
this city express the utmost confidence
that all danger of serious results from
the money stringency in New York is
now passed. and that conditions will
right themselves rapidly. Charles b.
Kounze, president of the Colorado Ma
tional bank, and also president of the
Denver clearing house association, said
tonight that the recent trouble In finan-
cial circles of New York had had no
appreciate effect on business affairs
of Denver and Colorado, and that none
was feared at any time. He expressed
considerable satisfaction when refer
ring to the manner in which moneyed
men of New York grasped the situa-
ton there, and in this particular he
spoke the sentiments of bankers and
business men of Denver generally. All
seem confident now that the trouble as
far as the likelihood of a panic is con-
cerned is entirely over.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-28
No Fear of Trouble.

Detroit, Oct. 27.-The financial trou-
bles which beset the New York banks
and trust companies last week were
practically without effect on local
banking institutions. In fact, the
weekly clearing house statement shows
a gain of considerably over $10G, 900 on
savings deposits during the week. Here
and there timorous depositor with
drew an account, but there were not
enough unusual Withdrawals to be no
ticeable. Bankers here do not antici-
pate trouble of any sort
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-28
No Financial Interest,

Portland, Oct. 27.-Prominent bank
ers of this city are a unit in the belief
that eastern banking conditions are not
going to AFFECT Portland or north Pa
cif1c financial institutions. They state
without reservation that money was
never so plentiful nor general business
better. Credit balances with the east
are, and have been for many months,
in favor Of the Pacific northwest banks,
and money is continually being loaned
in the east instead OF coming west for
that purpose. Crops throughout the
Pacific northwest Will be of record
quality-63, 900 5000 bushels of wheat
at record prices. Portland bankers say
they are interested in New York finan-
cial conditions only because New York
is the banking center of the. country.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-28
COMPELLED TO FOLLOW.
Milwaukee Bankers Given Reasons
for Issuance of Certificates.

Milwaukee, Oct. 27.-The Milwaukee
clearing house association held a meet
ing today, at which it was decided to
follow the plan adopted in New York,
Chicago and other cities of issuing
clearing house certificates and to re-
quire a thirty days notice from de-
positors deciding to withdraw deposits
from savings banks.
The association issued a statement
tonight. in which it defines the mean
ing of clearing house certificates and
the purpose of their issue. Continuing,
the statement says:
Since New York and Chicago bank
ers have decided to issue clearing house
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-28
NO TIM e SET.
Matter of Opening Pittsburg Stock
EXCHANGE Not Yet Settled,

Pittsburg, Oct. N-The financial stu
alton in Pittsburg, Notwithstanding
number of surprising and unexpected &C.
currences during the past few days, is
viewed optimistically at the opening of
the week by men prominent in financial
and business circles.
That conditions here have quickly right
ed themselves owing to the admirable
confidence of the people in the financial
institutions, and that affairs are pro-
crossing normally are the expressions
contained in statements issued by the
Pittsburg chamber of commerce., the
Pittsburg clearing house association and
individual bankers and business men.
Whether clearing house certificates will
be issued here depends altogether upon
the New York situation. Should condi-
tons there become more acute the action
of issuing certificates will be taken to
protect local institutions.
AS to resuming operations in the Pitts
burg stock exchange tomorrow, there are
several opinions. No official announce
ment has been made. and the matter
will not be definitely decided until to-
morrow.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-28
PLENTY OF MONEY.
Louisville VIII Not Resort to Any
Unusual Methods.

Louisville, Oct. 27.-The local finan-
cial situation is not giving bankers or
business men of Louisville any uneasi-
ness. Conditions in New York are not
regarded as dangerous to the well
being of the country at large. Prom
inent bankers interviewed today ex-
pressed the conviction that the danger
period for the New York banks has
been tided over. No recourse to I'M
usual remedies was had by Louisville
banks, nor is any expected. The only
way in which the New York panic has
been felt has been in the calling in of
a portion of their loans by the banks
and other minor measures calculated to
increase their resources. These meas
ures, which placed the banks in condi-
ton to stand any possible strain, have
not appreciably affected general bust
ness, and all calls for loans have thus
far been met without trouble.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-28
TRI-ClTY AGREEMENT.
ST. Paul, Minneapolis and Duluth
VIII Issue Certificates.

st. Paul, Oct Representative of the
banks of st. Paul, Minneapolis and Du-
luth this afternoon agreed to discontinue
the payment of money on checks, certifi-
Gates of deposit and drafts, except for
small sums, and that for the present no
money should be furnished to bank cor
respondents. 1t was agreed, however,
that the banks should certify checks on
balances in their hands, payable through
the clearing houses only.
The savings banks and trust compa-
MES will require sixty and ninety-day no.
tees The payment of checks and drafts
through the clearing house will proceed
in the usual way.
statement was issued after the meet
ing that the action as outlined was taken
for the purpose of protecting commercial
interests and of preventing drain on
the banks. 1t was the, unanimous sem
tinent of the bankers of the three cities
that the restrictions imposed would be
but temporary. and all agreed that the
banks are perfectly solvent
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-28
SOAP AND WATER
FOR THE SOLDIER
War Department Declares the
Troopers Must Observe Rules
of Cleanliness.
is SANITARY PROBATION
TooTHBRUsHEs SOON TO BE IN
TRoDUcED.
is SANITARY PROBATION

Major Harry Leonhauser.- temporary
post commander at Fort Douglas, has
lust received orders from the war de-
partment at Washington relative to the
cleanliness of the enlisted men. The gem
eral army order recently issued requires
that the men must wash thoroughly be-
fore each meal II also provides that
the hair and boards Of the men must be
cropped short.
Major Leonhauser does not think that
the order will work any hardship on
the men. In his opinion the class OF
men who go into the army are not tramps
and have no fear of soap and water he
said that by far the large majority or
fhe men are painstaking about their per
sonal appearance and followed strictly the
new order long before II was made an
official army regulation. The majority OF
the army officers, he said, have always
insisted that the men keep clean. ana
no difficulty had ever been experienced
along this line.
AS a sanitary measure the war depart
ment issued this order, as well as the
one requiring the hair TO be closely
cropped and the boards to be trimmed.
The department has found that With
cleanliness there is much less danger OF
disease. Also it improved the personal
appearance of the troops.
II has been suggested that the next
move of the war department will be to
require the use of tooth brushes This
toilet article. although not unheardof
bV the soldiers, Is not in common use,
and 1t is possible that some would re-
sent its introduction into their routine.
The idea of the tooth brush came from
Japan. A United States military attache
with the Japanese army reported that
during the entire campaign each Jap
soldier wore a tooth brush IN his cap,
which he used each morning.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-28

west, whose crope have commanded
high prices, is larger than any pre-
vious year. The financial situation is
viewed without any alarm by local
bankers and merchants. Banks have
reduced their loans since the trouble
began in the east, and have large re-
sources. 1t is not expected that there
will be unusual demands upon any of
them. Leading bankers tonight stated
that they would take every precaution
TO guard the interests of their deposit
tors. but that they did not believe ex-
IRENE measures to be necessary.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-28
ADJUSTMENTS

Charles A. Murray and Ollie Mack were
little late in reaching the city last
evening with THE Sunny Side of Broad
way" and as a consequence the curtain
did not go up till S:45, but nobody left
the Grand, although every seat was sold
and much of the standing room taken.
Murray and Mack have been before the
public so long and the character of their
entertainment is so well known that 1t is
not necessary to go into details. The en-
tertainment given last evening differs but
little from those presented by the same
fun makers in their previous visits to the
city. There are the broad caricatures on
Irish characters; there is the Dutchman,
never seen anywhere on earth except on
the stage: there is the dancing. the
catchy music, the broad humor, the girls
in tights supposed to be pretty, the tramp
so fearfully and wonderfully made. and
the hundred and one other features to
attract the crowds and amuse them aft
| er they are attracted.
The company presented some features
| that are new and some of these are
| good One of the best last evening was
| the number that included burlesques on
Uncle Toms Cabin" ''The Two Or
phans'' and 'Held by the Enemy" In
! this number Max Bloom, the Dutch com
| edian, was decidedly clever. Murray and
Mack presented little that was new. An
other number that gave pleasure was
songs were bright and catchy. The best
of these was Most Every Town Has its
| Broadway, but There Is Really Only
| One" A good portion of the audience,
especially In the gallery, was whistling
and humming this tune before the enter.
| tainnent was over 1.-THE Sunny Side of
Broadway holds the boards at the Grand
till Wednesday evening.
"salomy Jane" Paul Armstrong;
decentralization of Bret Harte's ''Salomy
| James Kiss" comes to the Salt Lake
theatre for an engagement that runs
| through Wednesday evening. The press
/ Of the cities in which the play has been
| given speak highly of the play and the
players
The lyrics combined attractions drew
a record breaking crowd last night.
Three performances were given and hun
dreds were turned away. being unable 10
gain admission: The international STOCK
| COMPANY in the farce comedy, Tom s
Vacation at Saltair Beach," is handling
| thfe comedy as well as the ore Oe last
I week Ed Dale as the child looks and
acts the part. "Toms Vacation" fis a
pleasant one. but he has his troubles.
varied and the illustrated song IS pretty
! owing to the excellent slides presented
The same bill runs all this week up "a
Friday night. which is added attraction
night.
The dates Of the Sousa engagement are
Nov. IA and Is. at the tabernacle. and the
sale of seats opens today at the Clayton
Music store.
the Girl" opens at the Salt Lake theatre
today.
All the acts for tonights performance
the Orpheum have arrived, and an un
| usually good show is promised. The foul
| ~ hn
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-28
CONFIDENCE IN ST. LOUIS.
Normal Conditions Expected During
the Present Week.

st. Louis, Oct. 27.-Confidence that
their action in the voting of the issu-
ance of the clearing house certificates
would hold financial matters in check
until a complete readjustment could be
made, was the prevailing sentiment
among the leading bankers of st. Louis
today, and the prediction was made
that the coming week will be better
from a banking standpoint than the
last has been. ]. Van Blarcon. pres
ident of the National Bank OF Com
merce, was one of those who expressed
this view, and he added:
THE action of New York financial
institutions demanded that we take
such a step as the issuance of clearing
house certificates, which will help us
in our policy of 'stand-pat.' The gen.
eral uneasiness which is spoken of is
confined practically in its entirety to
the east, or, 1 might say. to New
York"
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-28

of this city is that the furry in New
York financial circles has spent its
force and that tomorrow will find the
financial condition in this city prac-
ticaiiy normal
Members of the local clearing house
at meeting held last night decided to
issue loan certificates tomorrow, an
action which the bankers state was
taken as a precautionary measure.
Richard H. Rushton, president of the
Fourth Street National bank, said:
The situation is much improved.
While our action in deciding to issue
certificates of credit will undoubtedly
strengthen local institutions, it was a
precautionary, rather than a necessary,
measure"