davidaulloa/AmericanStories huggingface dataset:
The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1907-10-11
BIG FUND TO SUPPORl
AGED M. E. MINISTER'S

HUNTINGTON. W. Va Oct. IL
One of the most interesting matters
brought before the general NJ. E. Con.
fernce yesterday was the report OF
the permanent fund committee for the
relief OF aged pastors. This report
showed that sum Of $4,000 was in
the treasury and available for use.
J. NJ. Clarke was appointed a dIrec.
tor OF the commission. vice his faith.
er, B. J. Clarke, deceased, Of Wheel.
Ing. and founder Of the fund.
The following directors were ap.
The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1907-10-11
GOROAER's CLAIM NOT SUP
PORTED by THE MALOHEY'S

PHILADELPHIA, Pa, Oct. H.
Though Martin Maloney and his wife.
the parents of Helen Mnloney, tho
young woman who was claimed by
Herbert Osborn as the latter's wife
and heroine, who reported subsc.
quent marriage sat Montreal, Canada,
TO Samuel GARRISON. are here, the
sonly statement secured Is from Mrs
Y Andrew P. Maloney, who declares she
never heard Of the alleged wedding
to Osborn until the young broker told
1t himself. Mrs. Maloney is an aunt
OF Helen.
The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1907-10-11
OFFICES IN THE
JACOBS BUILDING
ARE IN DEMAND
MANY PEOPLE ARE MOVING INTO
THIS MODERN OFFICE
BUILDING.

The Jacobs building is very popu.
lar Office building and office renters
are taking up quarters there. Among
those who have recently moved into
the building are W. A. Lawler, the
real estate agent. Lee LeSeur. archl-
tect, and the Madison Academy anil
Business College. Offices are being
fitted up for Attorneys A. L. Lehman.
John L. Lehman, w. H. Losch, Pat.
rick NJ. Hoge and Francis NJ. Thralls
and they sill soon move to them.
The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1907-10-11
HUBBARD OR WOODWARD.
viii succeed Dovener as Mem.
8 ber Of the Republican Con.
sresslonaI Committee.

~ = - y :
wAsHINGToN. Oct. f1.-The
Republican congressional com.
Smittee will soon open permanent
Headquarters in Washington.
Hitherto gthe committee has ope-
rated in New York. The shift
TO Washington by Chairman
Sherman and Secretary Laud-
enslager is Viewed as a shrewd
move by Speaker Cannon's sup
.porters. Immediate work will
begin to Insure the elcton OF
Republican congressman next
year, Captain Doyeneue is the
present West Virginia member
Of the committee but in Decem:
Der he will be succeeded by Hub.
bard or woodward. ), d
The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1907-10-11
.Ex-PRESIDENT CLEVELAND
lis IN BAD HEALTH
PAYS MYSTERIOUS VISIT TO NEW
YORK AND WILL NOT TALK
TO REPORTERS.

NEW YORK, Oct, 1l.-Former Pres.
ident Grover Cleveland who is pay.
Ing mysterious visit to New York
to-day declined to see anyone or
NEE, reporters. Accompanied by Mrs.
Cleveland the ex.Presldent last night
lodged newspaper men and is at the
Hotel Buckingham. 1t is believed he
is here to consult stomach special.
list. The ex.President looked badly
and walked with hating steps de.
spite his heavy cane. .
The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1907-10-11

INDIANAPOLIS, Ind. Oct. liza
crisis that may strike at the very ex.
istence OF the great mine workers or.
ganization Is threatened by the fight
for the place to be vacated by John
Mitchell. On one side is Vice Presl.
den, Lewis, OF Ohio, who whether he
likes II or not. IS backed by. the So
ciallsts and the radicals in the organ.
ization who desire to strike. On the
other side Is 7. D. Nichols, president
OF district No. cne, probably next to
Mitchell tile most popular man among
the anthracite workers and among
the Mitchell men everywhere. Here.
tofore Mitchell's personality has won
the fights for the conservatives. No
other man however able can hold the
friendship OF the operators as Mitch
81 has done. And the operators be-
slIeye that no other Sman will be able
to hold the miners together as has
Mitchell. That Mitchell is getting
out Of the organization at a critical
period is admitted. For the first time
in; the existence Of the organization
both the bltuminous and anthracite
contracts expire at the same time, on
April tlrst, nineteen eight. The fa-
nous Interstate agreement is gone in
8bituminous districts and the miners
have no strings to anthracite opera
tors.
The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1907-10-11
STANDARD OIL
STOGKHOLDER
BADLY HURT

PARKERsBUG, oct. 1.-C. W. Arch.
bold brother Of John D.aArchbold. who
as one Of the most Important factors
stnsthe Standard OIL Company. was per.
fhaps fatally injured yesterday after.
noon by being thrown from a buggy
in. a runaway accident. He is at home
I'm a semi conscious condition. He is
aablg stockholder in the Standard OIL
Company
The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1907-10-11
STEAMERS MEET
IN COLLISION
THE PAeERT sunk TO-DAY OFF
PORT EDWARD-IT IS sELIEv-
ED THAT THE CREW Es.
CAPPED.

PORT HURON, Mich, Oct. 11.-The
steamer Pabet owned by the West
Division Steamship Company, Of Chi.
cago, sunk when she collided OF Port
Edward to-day with the steamer Lake
Shore, Of the Gilchrist Navigation Co.
1t is believed all her crew escaped.
The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1907-10-11
DRILL
THE BIG FEATURE OF THE X. OF
P. 6ATHERiN6-RoUTiNE BUsi.
: NESS TRANSACTED AT THE
GRAND LODGE SESSIONS. IN
HUNTINGTON.

HUNTINGTON, Oct. 1.-THE sec.
ond days session Of the West Virgin.
Ia grand lodge Knights OF Pythias was
confined strictly to routine business.
Yesterday afternoon the report Of the
grand keeper Of records and seals was
heard.
The grand lodge will conclude It's
work to-day. the annual election of
officers being the last order OF bust.
ness.
s.. Huntington Wen.
The calender was cleared to the ex.
tent OF leaving nothing to be done In
the final session of to-day save the
election OF officers. There were. how.
ever, many incidental features OF In
terest, the chief among these being
the competitive drills between the uni
form rank companies for the prizes
offered by the grand lodge. These
drills occurred at o'clock yesterday
afternoon and attracted a crowd esti.
mated at 5000. Huntington company
took the first prize. the second being
awarded Rathbone company Of ShIns-
ton.
PythIan Sisters.
AT four O'Clock yesterday afternoon
-
the Pythian Sisters held their annual
election. with the following results.
Grand chief, Flora Eta Blnns. Fair
mont.
Grand senior. Annie Orr, Monongah.
Grand junior, Sallie ]. saxton, Chey-
Ian.
Grand manager, Sally Lowrey, Mar
tinsburg.
Grand NJ. of R. and c., Amanda
Alexander. Mauuiugton.
The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1907-10-11

SoSn = iHANSAS ION,
NEW YORK, oct 11.-Loans Of over
twenty million dollars which tie books
of the Southern Pipe Line Company
showed were made TO P. s. Trainer,
between 1899 and 1905, became more
puzzling Of solution to Frank q. KeI.s
logg, conducting the federal suit
against the Standard to-day, when lir.
Trainer. taking the stand in the OIL
suit. testified that the money had ney.
er been paid to him and that he had
never heard Of the account. The
southern's books show that unsigned
voucher. were received for these loans
and that the money was never paid
back to the company, n Il
Mr. Trainer said that he was for.
merry crude oil purchasing agent for
the Standard Oil Company, OF New
York, and as such purchased all the
oil and sold # to the reaneries. he
said he acted in a similar capacity for
the Standard OH Company. Of: New
Jersey.
Mr.. Kellogg called Mr.. Trainers at.
tenion TO the various loans amount.
ing to over twenty million dollars
which were made By the Southern
The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1907-10-11
PRESIDENT KILLS
VERY FINE BUCK,

=
/; sTAMBouL, Oct, II. Courier
from Presidents camp on the
Teasas, arrived last evening late
the reports that the President
killed a fine buck, but otherwise !
( the hunt yesterday was without
result. The animal had been
brought down from a long dis.
! lance and fell at the first shot.
The condition Of the ground Is
much improved since the rain.
and the weather is still cool
enough to render the exercise de.
sllshtful to the President.
2 70 ~
The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1907-10-11
Young Lady or worthina,.e.nr !. Dead.

Miss Jessie Davis. daughter of R. E.
Davis. near worthlngton, aged about
% years, died at her home the first
Of this week. She was buried at the
Parrish cemetery.
The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1907-10-11

hours.
On Board Lusltania, Thursday. oc.
tober 10.--Three thousand passengers
crowded the decks of the Lusitania at
5:25 p. nj. yesterday. New York time.
to watch her steam past Nantucket
lightshlp. We are making 25 knots
an hour. There is great enthusiasm
on board over this record breaking
triD. We expect to finish the run off
Sandy Hook iIghtship at one a. m.
four days and fifteen minutes out. The
engineers are making every effort to
maintain high speed to the end OF the
trip. Col. H. ]. Kowalski. OF San
Francisco. was chairman Of the con.
cert last night. He made speech
that was received with enthusiasm.
Although We applauded the Deutsch.
land as the pacemaker" the Colonel
said, yet We cheer the Lusltania for
beating her In this heroic struggle
to wrest from the German giant the
blue ribbon for speed. The lion is
again master. on the ocean highway,
and this English victory Is one which
the whole world Will join. The Amer.
leans are also In on the victory"
{ NEWPORT. R. l.. Oct. 1O.-Wlth all
Transatlantic records well within he.
grasp the great turbiner Lusitanla
swung under the Nantucket lightship
at 5:25 this evening and began her
race along the home stretch 1893 miles
to the finish Of her second westward
passage at Sandy Hook light ship.
The steamer reported all well on
board and that she expects to arrive
at the Bar at Isis tomorrow morn.
ing.
The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1907-10-11
ON
THE STAND
IN D|l!FENSE

IN ssLLAiRE sALooN-sTATE's
ATTORNEY SEVERELY SCORE
THE DEFENDANT.
SrEEBENy1LLE. Oct. 10.-cona
dent that his testimony would leave
no room for doubt as to his firing the
fatal shot I'M sell defense. A. T. Bor
ham, the former State game warden
Of Belmont county. on trial here for
the killing of William Con last Feb.
ruary, Went on the stand this after
noon to testify In his own behalf, and
it was with some difficulty that his
evidence was brought out, as the
State made many objections.
The State called It's last witness
this morning and their testimony was
in substance about the same as all the
other witnesses except Hartwig. None
of them saw the fatal shot fired. but
they heard 1t, and were on the scene
Of the murder shortly afterward. So
iar the only eye witness to the crime
Is Hart~ig. VINO at the time the shot
was nred' was standing about four
ieet ron Gon with MS back turn.
Cd. he turned, saw the smoking gun
IN Borhams hands, and also saw Cot
Sink 10 tue ground.
outside OF the testimony given by
MN lhe evidence is purely circumstan.
'iai. out is oil such nature that the
attorneys Tor the State do not seem TO
nave any doubt but that Borham will
be convicted.
sorham on the Stand.
When the state rested Its case yes
'erday morning, sorham was the first
witness called tos the defense. His
Wite and young son, who have been
his constant companions during the
riai' seemed 10 be worried when he
was eaiiea upon 10 take the stand. but
oornaIn did not snow the least sign
OIL nervousness. The Indifferent man.
ner ~hicn ne mas maintained during
the nearing disappeared, and he seem,
ed 70 realize that the effort he was
about 70 make was oil supreme import
ance. He walked to the witness chair
win steady tread and made himself
comfortable before attempting TO an.
s~er any question.
Alter answering a few preliminary
questions, none OF which was OF I'M
portance' ne was asked to describe his
eondition on the night OF the shooting
OF Con.
I was intoxicated" he answered.
ana IN a drunken stupor, and did not
Know COZ when | shot him."
Under direct examination, Borham
said he imagined that he was being
nussut. !, ,,. os u etow" o. men %hom ne
nose If ta,,i,. h,s ,,,a ~ r,o ~ s,,,, ' =. pa ,,, ,
The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1907-10-11
CRISIS MAY follow
IIHlCHELL''S Retirement
FROM MINERS
ORGANIZATION OlG
Two ctions
Seeking Place

VICE PRESIDENT LEWIS IS SUP.
PORTED BY RADICALS AND so.
cIALisTs WHO WANT TO
sTRlkE--T. o. NICHOLS IS BACK
Ed Blythe ElANTHRAclTEiWoRk.
ERs. 1
The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1907-10-11
NOTICE 10 ErAxPAYERs.

No oilSe " iANfNrEho.
THE CITY TAXES FOR THE YEAR
1907 ARE NOW READY AND ALL
PERSONS PAYING THE SAME on
OR BEFORE OCTOBER s1sT, WILL
BEsALLowED A DIsC CoUNTs OF az
PER CENT. mo. s. SCOTT,
CITY COLLECTOR.
The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1907-10-11

Butter, eggs and chickens fresh
from the country at Jackson street
grocery. 5 u q
The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1907-10-11
where went \
These LOANS
OF MILLIONS \ IN

STANDARD OIL OFFICIAL WHO lss
CHARGED UP WITH BORROWING
TWENTY MILLION DOLLARS,
sWEARs ON WITNESS STAND;
THAT He KNOWS NOTHING OF
SUCH a TRANSACTION.
The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1907-10-11
To Show Conspiracy.


This afternoon Judge Richards
made ruling on the case that may,
to a certain degree, enhance the
chances OF Borhams attorneys estab.
fishing a conspiracy clause in their
line Of defense. The degree endeay.
ored to get before the jury that Bor.
ham was in constant fear OF assassina.
tlon from the Piper and Davis gang.
They made an attempt to get that evl-
dence to the Jury through questions
put to Borham. Judge Richards dc.
cision blocked them to certain ex-
tent in that respect.
In admitting the evidence along that
line he tempered his ruling with re-
strictive clauses which will force Bor.
ham to answer only to the matter Of
his belief on the night OF the fatal
shooting. Under the ruling Borham's
attorneys are not permitted to sug.
sest in their questions who the pos:
sible conspIrators might have been.
although>he allowed Borham the priv
ilege Of answering to give the impress
sion he had at about the time he fire,l
the shot that killed Gor. !.
John W. johnson; Of Bellaire, was
the last man called for the defense
yesterday afternoon. He testified that
The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1907-10-11
CROSSESATLANTIC
WITH new RECORD
THElLusITANlA MAKES JOURNEY
IN FOUR DAYS AND FIF.
TEEN HOURS.
Al Records Broken-The German
Ship Deutschland surrenders Its
Record She Has Held so Long to
the Big cunarder.

NEW YORK, Oct. 1.-THE Lusltan.
Ia reached Sandy Hook light ship at
LES a. M. Time, days and 90
hours.
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1907-10-27
U1Es ARE LAZY
WOULD RATHER
Dit; IHANWOR


st. Paul, Mimi, Oct. 26. special
to the Pioneer Press from Pierre, s.
d., says that from what can be learned
there, trouble with the Ute Indians
on the Cheyenne River reservation is
a. result of an attempt on the part of
the agency authorities to compel In
dian children to attend school and to
put the men at work with the Sioux.
The Sioux of late years have practi-
lcally abandoned the ration system
and have accepted government work
at road making for which they have
been paid in cash. 4 When the Utes
last winter were allowed to settle on
the Sioux reservation they agreed to
abide 10y the rules in force there. Not
only have they refused to work, says
the dispatch, but they have attempted
to stir up trouble among the Sioux. rs
Rather Fight than Work.
Washington, D. c., Oct. pa tele.
gram from Agent Downs says the
Utes are quiet, but threaten ito fight
| il compelled to observe government,
al regulations He says the Indians
must be disarmed at once and urges
that a squadron of troops be prompt,
fly dispatched for that purpose.
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1907-10-27
Arrives at P|'itts'blurg in De- Dc !.
bilitated Condition and
Very Tired
Even His Personal Attendants
Are Not Allowed TO
See Him

Pittsburg, Oct.2 en-. illiam
Booth, command chief Of the
Salvation Army, is at the Hotel Hen
ley In this city greatly fatigued fol-
lowing his Journey from Columbus,
Ohio, today.
While it is stated the generals
condition is not grave, 1t Is admitted
he is very tired and much exhausted,
no person, even the members of his
party, has been allowed to see Cen
5erai Booth, since his arrival here.
The party left Columbus shortly be
fore noon today and reached this city
a few minutes after 6 o'clock tonight
It was necessary almost to carry Gen
eral Booth into the hotel. Immedi-
ately the report spread that the Sal
walton Army commander was dying
and many persons called at the hote
making inquiries.
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1907-10-27
UNI / MAN n ! In UhlU
Someone Shot Into 4 Maya
zine on the Edge
Of Town
Hardly a Window in Lorraine
Is Left Damage En-
OfIlOus

Lorraine, Ohio. Oct 26 With an ex
plosion that shook every building in
the city. the powder magazine of the
Krantz Hardware Co. blew up this.
afternoon, killing one man whose
name is unknown.
Hardly a window in south Lorraine
IS left intact The entire front of
several stores are out, the Methodist.
church is badly wrecked and CONNER
cial buildings and private houses all
over South Lorraine are more or less
damaged.
The opinion is expressed by the
Krantz Hardware Co. that the expIo-
sion was caused by some one shoot
ing into the building. It was prob
ably somebody hunting in the woods
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1907-10-27
JUDGE GROssCUP
SAYS SHERMAN
Law. is FAILURE

p ii r D. q
lndianapoli Ind. Oct. 26,--Judge
Peter s, Grosseup of the United States
Circuit court, Chicago, addressed the
members of the Columbia club, a local
republican organization. tonight. He
spoke on the question 'sWill the Re-
publican Party Live Up TO Its Early
Ideals 3 He devoted considerable
portion of his speech to the Sherman
antitrust act He maintained that #
the enactment Of this law was intend
ed to externainate the socalled trust
of the big corporations or TO affect
wages ct prices, the purpose OF the
ACT has failed He declared that in,
dnstrial combinations or the so-ealied
trusts, were an effective agency ID
WELD the energies o. mankind beyond
ang other form vet discovered
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1907-10-27
THE president
C()NGRATl)LATES
SEC'Y OF TREAS.

b Washington, Get. q; President
Roosevelt today congratulated Sec
rotary Cortelyou on his admirable
handling of the present financial sit
uation. The letter of Generalization
which was made public At the White
House, was made the medium for ex
pressing the Presidents thorough be-
lief in the soundness and honesty OF
the underlying financial and indus
trial condition of the country. 1t
reads: y
MY dear Mr.. Cortelyou:
Il congratulate you upon the adj
mirable way in which you have hand1-
ed the present crisis. l congratulate
also those conservative and substan
tial business men who, in this crisis
have acted with such wisdom and
public spirit. By, their action they
did invaluable service in checking
a panic which, beginning as a matter
of speculation, was threatening to
destroy the confidence and credit
necessary to the conduct of legitimate
business. No one who considers calm
lyg can question that the underlying
conditions which make up our finan-
cial and industrial well-being are es-
sentially sound and honest. Dishon-
est dealing and speculative enter
prise are merely occasional incidents
OF our real prosperity. The action
taken by you and by the business men
in question has been of the utmost
consequence and has secured an OPP
portunity for calm consideration that
must inevitably produce entire con-
fdence in our business conditions.
Faithfully yours, (signedl &$
Theodore Roosevelt
Hon. Geo. B. Cortelyou, secretary
of the treasury" .@
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1907-10-27
SWEPT
BY $4,000 o ]. FIRE R !.
Business Blocks in the Center
Of Town Burn Like
finder
Fire Ragged Four Hours Be.
fore 1t Was Got Under
Control

Bathgate, N. d, Oct. 26 One whole
block on both sides of the central
business street Of this city was de-
'stroyed by fire, buildings and stocks,
today The blaze started in the How
ard grocery store and the origin is
unknown. The alarm was given at
1910 this morning and it was 2:30
this afternoon before the town fire
department had the flames under con-
troll and only by good management
were the flames prevented from
spreading to other blocks. The losses
include buildings which are a total
loss in several cases. 1t is estimat-
ed that the insurance will not ex-
coed one-half the loss.
The individual losses are s5s
Fred Howard, grocer, loss 81 800.
s. d. Bostwick, hardware, loss IS,
| O0e.. +, ,
| J. ]. Anger, general store, loss 50.
LOCO. fs
F. Citizens State Bank, loss So. 0O0.
1 Wilmer & Derby, drugs, loss S.,
900. ". 81 l..5... ...~
Andrew Richardson, meats loss
$500. ) 81.
/ &, DeMars & Ards, !. hardware ant
| harness, loss $4,000 i
l = re- &. = ~ T. g. B.
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1907-10-27
POSTMASTER GENERAL meyer TALKS
ON PARCELS POST and
POSTAL BANKS

q !, :, :, ! mi, . ii ~, -
d L ! ), d, /, y, ], J,
/ !,
&c, q 81 !, s
s., d 81 - : i:
q, S, &c. 6 q. s. e.,.,, ],
81, ,ht tl 1, d . 10
a. Vs., M. u &c q.
8. q d, ~ s. Z. ..
~ 8 J. 4. ~ !, ~ :. {
~. . ]
~. ! s u q. III,
- s q, ss !. 4 j. y j ~,
- 80, s.. .. ]. g ], a y -,
SIS ! 81. s. !. = :, {, &, !,
s. 81. 4 4, .. Z,
Is. s { &, q, I, d. 1
= 3
s 8, CO ]. !. s's !,
. I, II Z 81. 9, IS SIS. !.
!, s'p !, - = s. n s ss'ios s.
~. & !, ~. 8 I, &, !,
4 - $50 d, ! - 8 80
. - - 20 sA'.ts' ~
- $. "a 49, !. n 81 !, ,5
800 $50, e. - 80 !. 4 D'n = = !.
siu & d. s. 8 : ". ~ =, s. - j 8
e''' - 81. = iA. Z. - 20, & y.
90 q - 800 - s ' a ~
e p a = Il -. $50 80 -
os1.s Z. ~. peopi snai s. 49, 9, Z
= in'sl g n ~ pel3e 81,
aiau II, III 80 - ! 80 j, $50 60 -
y o ~. s 49, Yo0o' - 80 = 4
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1907-10-27
SERENITY IS FAST SUPPLANIING
LUNACY in The BUSY MAR1S
OF WALL STREET

agement were the dominant features
of the financial situation when the
great banking institutions closed
their work today. with all the great
i financial inst itutions Of the city in
tact after having met all the great
demands of the past week With
this signal demonstration of the re-
sisting powers Of the banks came
THE adoption Of new and important
measures To prevent a recurrence Of
the acute strain.
& Although the stock exchange and
other8s sensitive points were free from
extreme agitation there were heavy
withdrawals of cash from several
banks and trust companies, there
Withdrawals being for the most part
|8by smaller depositors. All the IN sti-
tntions affected continued TO pay out
on demand up to noon the hour Of
closing Saturday
First Of Importance in The remedial
! NEE ses was that OF the Clearing
House association ia voting to is
ys H earring house loan certificates
for sAns use of banks themselves in
settling their daily balances d the
fclearing house. These certificates
will not SO into general circulation.
but their use will enable the banks
lto keep Ia circulation for the needs
of general business large amounts Of
d riencg which otherwise would be
| required for the settlement of daily
clearing house balances.
/ Plans were formulated to extend
the Dement'S Of the clearing house Ger
ltiIseates to the trust companies Al
tContinued On page 81