davidaulloa/AmericanStories huggingface dataset:
The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1907-12-19
CAUSES OF THE PANIC (!
Was the Panic Premcditat ted
BY Wall Street interests!

Byron W. Holt In the American
Review OF Reviews, has lengthy
review OF The present Financial
Crisis" In which the suggestion Is
made that the Standard on, j. r.
Morgan aud allied interests had
seized advantage OF The occasion to
~reak revenge and To absorb valuable
properties OF rivals. The Bolse Citi-
rem says. We quote In part.
"This country Is now passing
through money panic, "A financial
panic, a financial crisis, aud bust.
ness depression.
1.-THE financial crisis, began last
January. but did not become pro-
nounced until last March, when liz
uidation In bonds and stocks as.
sumed alarming proportions. IL was
renewed In August and again In
October. IL Is still on In Wall street,
but has extended In other tields, and
severea liquidations Is now In pro-
gress In commodities, real estate,
commerce. general business aud labor.
In all directions prices, rates and
wages are falling.
''The money panic began on Octob-
er -. when the FIRST public demon.
stration Of distrust was shown hy
the great run on the kniekerbueker
trust Company, at fiith avenue aud
Thirty-tourth street, and on It's IIar-
lem and downtown branches IL
has continued To the present moment
November Isl, though It's panicky
aspects are less in eyldence because
the commercial hanks slli cash only
very small checks aud the savings
banks will permit Withdrawals only
at the end OF thirty, sixty OF ninety
days after notice has beeu given by
dep0sitors. The Premium II from .
10 I per cent on currency ~0t. rather,
the discount 0i 60 per cent on
checks which has existed tor tNu or
three weeks in New York aud other
cities lteaching per eent at one
time In Pittsburgl. attests The eager.
hess OF people to get ni0uey. while
the fact that large proportion Of
The country's exchanges are now
made with clearing house certificates
and other similar substitutes for
money indicates the extent To which
money Is boarded and, In crude
Nay, measures the distrust aud sus.
picion OF our banking institutions In
the minds OF large proportion OF
our population.
The business depression did not
begin until about November /.
though 4 marked decline occurred In
some Industries earlier-in the auto
mobile, piano and confectionery In.
dusrties last spring. In the copper I'm.
The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1907-12-19

for years been preaching that when
the tariff is to be revised, it is to be
revised by. it's friends. Its friends
are now in power. They have the
president, the vice president and the
house, why not revise it now? If
they defer there is grave danger that
it may be revised by its enemies.
Why does the president himself and
the Speaker, who is second only in
power to the president, postpone the
inevitable revision until the moment,
when as the whole country believes,
the friends Of the robber tariff will
be in the minority?
A certain New York newspaper has
been raising tremendous hullabaloo
because M. Bryan made some remarks
which inferentially accused a por-
tion of the press of either wilful or
ignorant misstatement. Mr.. Bryan
can fight out that battle for himself.
II he cares TO. But it so happens l
heard in the ma, bic loom of the SEN
ate two days ago a senator come and
Vehemently deny an interview. al
legged to be with him, printed in the
columns OF this same New York
newspaper. Furthermore the morn
ing write this | find displayed 10
double leads on the first column OF
the same paper the statement that
Mr. Bryan will sail Saturday to spend
the winter on the Mediterranean
coast. The article is printed in such
way as to make it appear that he
IS going somewhat surreptitiously.
There are uoZen men in New York.
and half as many in Washington
from which point the article was
nated-any one of whom is easily to
oe-caueht by telephone. who could
have denied this story autborita.
lively. AS matter of fact several
western correspondents did make in
quify at Washington and were saved
from blunder. The New York
World alone went on without inquiry
TO tall into the pitfall of falsehood.
with much blare of brass and
changing of cymbals Secretary Taft
Started some sixty days ago on a tour
OF the world at putlic expense. He
stopped briefly to address the peopIe
OF oklahoma in opposition to the
constitution upon which they were
presently to vote, His speech was
heralded as the most able exposition
OF the administration views ever
made. The constitution was adopted
by majority of ITO, 900 votes, and a
tuil democratic state ticket elected
oy majority in the neighborhood of
thirty thousand. After this triumph
MI Tart went on his way. Mr.. Taft
Is coming home directly. The rea.
son Is that he has received order
from the man who ordered him to be
candidate for the presidency, to
come back and look out for his can
uioacy' That candidacy is suffering
Sadly. No one speaks OF it longer.
III IS a matter of general belief In
washington that Mr.. Taft's own
The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1907-12-19

dustry last summer, and In the the
atrical Industry since September.
Railroads have also, for many
months. been gradually abandoning
Improvements and laying of men.
Since November began mills have
been closing or working at reduced
speed IN all sections OF the country,
business Is being curtailed, failures
are increasing, bank exchanges are
decreasing, men are being laid or
or put on short time. commercial
activities arc lessening, and other
evidences OF industrial retrenchnient
are multiplying at more rapid rate,
perhaps, than was ever witnessed by
tho present generation. Never be-
fore was there such a sudden stop
page OF industry. Perhaps 800, 900
men have been laid OF within three
weeks, about 100, 900 OF wh~m are In
the iron and steel industries and sc, :
600 or $4,000 In the railroad industry.
80 many men are out OF work and
so great Is the exodus OF workingmen
to Europe that, for two weeks, the
steamships have been unable to carry
those applying for Storage passage.
In some instances they could take
only half OF the applicants. The Lu-
sitania stopped selling third class
tickets two Gays before sailing Oh
November Ii,
The money panic will probably
end not later than December l., when
the premium on money win disap-
pear and boarded money will return
Ia large volume ~ tho banks. Cur.
re"cy fam ines OF the past have been
OF SPORT duration.
The tlnanclal crisis will end only
when the rapid fall IN prices OF Sc.
ourities ceases and when the den. aud
for credit capital loans has lesseDed
~ that the rate OF interest Is not
much above normal.
The Industrial depression will
continue Tor six or eight months,
possibly for one or two or even three
years. II viii be marked 10y numer-
ous failures OF banking and CONNER.
clal houses, manufacturing, mining
aud transportation corporations pos,
siby, and even probably uy severe
declines la real estate values in many.
II not most. sections OF the country.
The above Is briei description
OF the Ordinary course Of events fol.
lowing an acute crisis such as we
are nov passing through Econom ic
students can trace the different stages
of financial and Industrial crisis as
accurately as a physician can trace
the various stages or somewhat
complicated disease. More than a
year ago these students saw that We
were approaching crisis and begun
10 make predictions and To issue
warnings.
why is IL that, in spite OF the
marvellous growth in material wealth,
We are today In Industrial distress.
with, perhaps, more idle men than
ever before In this country?
The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1907-12-19

state will declare for y
aker. 1t Is a matter I
that all the southern
are controlled by feden /
will have their delegal6|
pulican convention decls]
welt.
The situation puts vi
ignominious position,
in a shameful one. IAN
was first suggested y
Everybody who knoHss
politics knows that
was averse to the ~
did not care for either
or Office itself. The ~
upon him by the press
sisted that he alone
my policies. But
was launched, after
announced, nothing ~
the president to aid =
age or the campalgn'
of fact the opinion o
Washington is that
has withdrawn az
moral, political, OF
Taft will come home !
in a most ridiculous
The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1907-12-19
How Diphtheria is G.

One often hears The
"My child c'ught al
which developed lib \
when the truth WIS Id
had simply left the liised
ularly susceptible to ths|
diphtheria germ. When)
lain's Cough Realedy 4
quickly cures the cold aa'I
danger Of di Jhtberia q
germ disease being cout
sale by W.. B. Pyeatt,
W. F. Stone, Junction.
The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1907-12-19
A Home Made hapE
lain's CousA

About two uion.'s
girl had measles wDNjj
lungs and at last ls's
attack of bronchitis ]
doctors but no re'iei }
Everybody thodght n
went to eight dile.ss1
a certain remedy u
recommended to nS
it, when one of the
sisted that | "
Cough Remedy. y
baby is alive ana
W. Spence, fioe
Chamberlain 5 oos
urcs aud is p'e-'sau'
For sale by ". ?
n S,one. Ju
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1907-07-18

Assemblyman Ledvina will open law
Office at Two Rivers in week or two.
Mr.. Frank Elmer of lander was a
caller at the PILOT Office Saturday.
Mrs. Ed Pasewalk is i'll with typhoid
fever. She is at the Holy Family hospi-
tai
Mrs. Rose Frank of Minneapolis is
visiting relatives and friends in the
city.
Henry Schnman of Green Bay, for
mer resident of Manitowoc, is here on a
visit.
Mrs. Usher and daughter Miss Flor
ence, are visitors at the home Of Il. L..
Kelley.
Mr. Edwin Gielow has secured posi-
ton in Chicago and left for that city
Friday.
Atty. E. G.. Nash and Walter Green
left Monday evening for a trip to Rhine
lander.
A daughter was born to Mr.. and Mrs.
James Nc Gourty North 10th street, on
Sunday
Mr.. and Mrs. Chas. Meisnest are re-
ioicing over the birth of daughter last
Sunday.
Miss Cora johnson of this city, who
has been teaching at Seattle, is home for
vacation.
Edwin Padgham returned home after
weeks visit with his grandparents at
| Amherst.
Mr. G. A. Volta of Mishicot was in
| the city Friday and made the PILOT
Office a call.
Atty A. p Schenian left Monday for
trip to Arkansas He will be absent
three weeks.
Mr.. and Mrs. Otto Reuther returned
Saturday from visit at Black Hills,
South Dakota.
| Mr.. Arthur Nyhagen returned 10 MS
home at Stoughton Friday after visiting
here two weeks.
Mr.. VIM. c. Groh of st. Nazianz was
in the city Wednesday and made the
| PILOT Office d call.
Miss Emily Smoke of Chicago is here
| for an extended visit with her sister,
Mrs. Horal Nelson.
Michael CAREY of Chicago, formerly
of this county, who has been danger
ously i'll, is improving.
Mrs. Robert Naumann entertained
Friday in honor of her guest, Mrs, f.
kuene of Minneapolis
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1907-07-18

A two weeks teachers institute will
De held at the North Side High School
commencing Monday, Aug. II. John F.
Sims of Stevens Point, g. W. Morrissey
of Chiffon and A. B. Stout of Baraboo
three able men, will be the conductors.
Prof. Keller, Albert Hoyer and Fl. c.
Berndt, the trio who started out over
ten days ago to Ellis Junction for an
outing along the Peshtigo river, have
returned Mr.. Keller arrived Saturday
and Mr.. Berndt and Mr.. Hoyer reached
home Wednesday. They enjoyed the
trip very much; had good time in the
woods, and had splendid success fishing.
1t is acknowledged on all sides that H.
G. Berndt is a skillful angler. Indeed,
he has forgotten more about the science
of angling than John Hoyer ever knew.
Mr.. Berndt did all the talking Wednes-
day and Messers Keller and Hoyer were
ready and willing to testify, and if ueces-
sary, swear to any statement made by
Berndt. Enough fish stories We're told
to make a large book
Robert Rank and Ottmar Falge both
of this city left last Friday for Yellow
stone park where they have secured
positions daring vacation with one of the
large hotel companies there. Both young
men have been engaged in teaching
school in this state for some time past,
Mr.. Falge having taught the past year
at Holstein and Mr.. Rank at Wabeno.
At the close OF their stay in the West
they will return home. Mr. Rank in
tends to fill his old position at Wabeno
and Mr.. Falge contemplates attending
the state university.
Henry Wirth, who was up in court
last week upon complaint of his recent
ly divorced wife, that he had threatened
to kill her, was upon the hearing order
ed by judge Chloupek to furnish bond
in the sum of five hundred dollars, con
ditioned that he keep the peace in the
future. Being unable to furnish the
bond he WAS remanded to the county Jail
for six months. The complaint charged
that Wirth called at the place where his
former wife was living and threatened
to kill her. The couple We're divorced
at the June term of court.
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1907-07-18
Common Nest for Cat and Hen.

Bowdoinham cats are noted for
their sagacity, but it remains for the
intelligent feline owned by Mrs. Sam
uel Donnell of that town to cap the
climax
Our cat has taken a strange place
70 rear her last kittens" Mrs. Donnell
told the Journal Friday. Her chill
drcn were born in a hens nest and
ever since she has persisted in keep
ing them there. 1slo queer part of it
is the philosophical way in which the
hen seems to take the matter.
when she wants to lay an egg
she pecks at tho kittens, who are too
small to resent it, and II the mother
Is near she pushes them gently from
the nest Just as soon as the hen
has laid her egg the cat grabs the kit
tens and puts them in the nest again
and it Is no unusual thing for the
cat kittens, eggs and hen to be all
together in one glorious mixup. -
kenncbec Journal.
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1907-07-18
Baby's Share Of Blame.

She had been fitted for two gowns,
the total cost of which was nearly
5000
Now" she said to the saleswoman,
Il want you 70 do me a favor"
Certainly was the prompt re
Spouse.
The customer colorcd deeply. Il
want you to make out the bill partly
for gowns for me and partly for baby
dresses and a babys cloak"
The saleswoman was used to the
whims Of fashionable women, but this
was something she was a little slow
In comprehending. The customer ex-
planned
You see she said. my husband
is very fond Of our baby, and ii he
sees that the bill is partly for dresses
for her-well, he won't mind so
much.
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1907-07-18

Mr.. August Kaems returned Saturday
from visit at Sheboygan.
Alderman Williams has taken vaca-
ton trip to Massachusetts.
The Misses Halloran of ST. Louis are
visiting with Miss OLeary.
Miss Lillian Stahl of Chicago is visit
ing ut the home Of John PITT.
DR.. Kemper has gone to Philadelphia
to attend the Elk's convention.
Prof. j. A. Book, wife and child, left
last Friday for visit at Racine.
Mr.. Frank Barta of Kossuth was q
caller at the PILOT Office Friday.
District Attorney E. l.. Kelley was
at st Nazianz Friday on business.
Mr.. and Mrs w. F. Ohde spent Fri
day at the Caves in Cooperstown.
Mr.. Ed Pritzl of Clarks Mills was a
caller at the PILOT Office Saturday.
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1907-07-18
iiow'S This?

We offer One Hundred Dollars Re.
ward for any case of Catarrh that can
not be cured by Halls Catarrh Cure.
f. j. CHENEY Il Co, Toledo, O
We, the undersigned, have known f.
j. Cheney for the last 10 years, and be.
lieve him perfectly honorable in all bust
ness transactions and financially able TO
carry out any obligations made by his
firm.
WALDING, KlNNAN, Il MARVIN,
Wholesale Druggists, Toledo, q.
Halls Catarrh Cure is taken internal
ly, acting directly upon the blood and
mucous surfaces of the system. Testi-
monials sent free Price ,1c. per bottle.
Sold by all Druggists.
Take Halls Family Pills for constpa-
ton.
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1907-07-18
LOCAL AND PERSONAL

Ten automobiles are assessed in the
city.
Alfred Johnson is home from Oshkosh
for visit
Mrs. G. A. Cary is visiting friends at
Plymouth,
Miss Alice Sonsthagen has gone to
Amigo on visit.
Mr. Edwin Schuette took trip to
Milwaukee Monday.
Mr. and Mrs. Chas. West left Monday
for visit in Chicago.
Matt ,Jorsch of Janseville is visiting
with friends in the city.
Mr.. Carl lander left Saturday on
business trip to St Louis.
A daughter was born to Mr.. and Mrs.
Nels Stephenson Sunday
The Misses Lena and Dora Schroeder
are at Oshkosh on a visit
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1907-07-18
Loaded.

The old man looked renectively at
the brass tip Of his wooden leg.
Then he said, "the surgeons took
me up and laid me carefully in the
ammunition wagon, and" Hold on,
captain" said a listener. You don't
mean the ammunition wagon You
mean the ambulance wagon" But the
captain shook his head, NO" he in
sisted; Il was SO fun of bullets that
they decided | belonged to tao aInmu-
milton wagon"
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1907-07-18
HUMPHREYS

Veterinary Specifics cure diseases
of Horses, Cattle. Sheep Dogs, Hogs and
Poultry by acting directly on the SICK PARTS
without loss Of time.
A }FEtER-. tOHge.tions, Tnnamma.
CURES tiuu-, Lung Fever, MIA Fever.
u. u. -rRtI>- Lameuc.s. Injuries.
CURES khcurnHti-m.
&: G. sohE THROAT. auin.y, EpiLootic
CURES bistemper.
a o.; -; WORMS. Bot-, Grub..
u. ". COUGHS. Colds, Influenza. Iunamed
CURES Lungs. Pleuro- Pneumonia.
r. 4. }t0LIC, BrIIyarhr. Nind.BIowp.
CURES biarthcn, b> sentrry.
&. q. Prevents MISCARRIAGE
NM KIDNEY n BLADDER DISORDERS
IL lskIN DISEASES Mango, Erupti,u.
CURES Ulcers. Grease, Farcy.
J. II. nan CONDITION, staring Coat
CURES Indigestion. stomach ~tagser..
CO. each Stable case. Ten Specifies Book, SC, 4,
At druggists, or sent prepaid on receipt OF price
Humphreys Medicine Co, Cor. William aud John
Streets New York.
RE HOOK N L. ~
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1907-07-18
WISCONSIN CENTRAL
RAILWAY(O.
PASSENGER TRAINS.

Between Manitowoc Leave Arrivs
and Msnitowoc Manitowoc
COLLINS, Hilbert juno S;6j A, M. 1915 +. NJ.
tion, Sherwood Nee
nah, Menasha. 2:s0P Nj 6lOpM
Stevens Point, MarSh.l
field, Chippewa Fails
Eau Claire St Paul S35 A M l2l5p NJ
Minneapolis Hurley,
Irunwood Bessemer.
st Paul Minneapolis,
Ashland, Duluth and s.aUP 6.Iop NJ
Pacific coast points.
Oshkosh, Fond du Lac,
Milwaukee, Wauke- S.35 NJ io.I5p a
sha Chicago aud 2.ap Nj amp NJ
points East and South
All trains daily except Sunday
w. II VANDERBILT, AIT
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1907-07-18

sS HOOK MAILED FREE.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1907-05-05
From Town and Country.

From Town and Country
A six-foot American, who had secured
a command" to one of King Edwards
levees recently found himself in a pretty
predicament.
On his notification paper was the hlht
that levee dress was Indispensable. In the
.lileless innocence of his democratic soul
the American took this to mean that trock
frock coat and shiny shoes would ne
called for
He was in the act of looking over ms
best outfit of that nature when a more
experienced friend called and caught MIN
in the act The friend made haste TO IN
form the misguided Yankee that levee
dress involved silk stockings. ruffled
sleeves black sword and other ITEMS
CONSERVATION ensued. 1t continued 10
ensue when owing to his height ana
girth. no borrowed suit was discovered
and no tailor could be found who would
make one before the next afternoon.
last a stage leVee dress was rented from
his Maiesty's theatre, where II had done
duty in 1.-THE Last of the Dandies.
After the levee was over the American
confessed that he hardly I'm
happened N,nen he reached the palace
he was first surrounded by the Yeomen
of the Guard who started him upstairs
with great dispatch. In the course oil MS
progress upstairs the yeomen disappeared
and he found himself in lane of TIM
plated Life Guardsmen.
Again the scene changed and there
was lane of royal footmen and next
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1907-05-05

of the jamestown exhibition, which is
being denounced so vigorously by the
anti-imperialists and the most gener-
ally dissatisfied of the negro educators
The uniOn-if ii is to be union-or
the gossip, at least that it is, recalls
the restoration" at the beginning of
the first term of Grover Cleveland
I'VE have come to our own" said the
old southern society who had har-
bored themselves during the long po-
litical winter in Georgetown, where
they turned their backs on Washing
ton and pretended not. to know where
the treasury was. 1t was glorious
evening when they took the horse cars
and went over to Washington to Tom
Bayard's first reception, or when they
put on their old silks and laces and
carried their old manners-pretty nice
manners they were, too-over to the
drawing room of Jere Blacks daugh-
ter. Randolph Tucker was the social
light of the time. He was the father
of Mrs. Logan and Harry st. George
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1907-05-05
Boston Loves Its Great.

From Harpers Weekly.
Down Boston way the people continue
to recognize and love their great. Envious
people say that the Boston neighborhood
produces so few excelling human speci-
mems in these days that they hail with
glee the appearance of any neighbor, or
any neigrhbor's child, who gets into the
front ranks. This is nice as it is, but
no one knows better than Boston that it
and its neighborhood are just as prolific
of great men as it used to be in the days
of the elder Adamses or Rufus Chote or
Daniel Webster Cloth New Hampshire
mem, or the Pomeroy boy, or Elbridge
Gerry, or Benjamin F. Butler. At any
rate. Boston is loyal to its great, and
when Geraldine Farrar travelled there
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1907-05-05

friends of education that a long stride
forward has been taken and that the
work just begun will lead to still greater
efforts in the next few years to come.
Another matter in which the people of
the state are very much interested just
now Is that of good road building.
Though the bill providing for a state
good roads commission introduced in the
legislature at it's opening term has not
yet passed, a number of the counties of
the state have already taken practical
steps to improve the public highways.
Perhaps the most effective work so
far is that done in Limestone county.
where the people have authorized the is
suance of $4,000 in bonds for the build
ing of good roads. The election on this
proposition held several weeks ago car
ried by about 1000 majority, which indi-
Gates the earnestnesJ with which the
people desire these Improvements.
The city council of Athens. prior to the
calling of the election, offered one-half
the net receipts from the dispensary to
the road fund in case such bond issue
was authorized The county commission
ers are now preparing to begin the work
of building roads.
Tile officials and citizens of Etowah.
Tuscaloosa and several other counties of
the state are interested in the question
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1907-05-05
Washington Personalities.
From Harper's Weekly.

From Harper's Weekly.
They say now that there is no mis-
take about it, that John Carlisle is
going to be married to Mrs. Logan,
who was Miss Tucker, and the world
that knows them wishes them well
and entertains, perhaps embraces, the
hope that the wishes will be realized.
The fuckers are a good family and the
Virginians think most highly of them.
Harry st. George Tucker, Mrs. Logan's
brother, is the present head of the
family, and he has won distinction in
a mild way in Congress, and as head
of the Columbian Law school in Wash
ington, while he is the energetic head
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1907-05-05
Everything good" The Sub
way"

$14.50 to Richmond and re-
turn, account U. G. v. Reunion.
To give their patrons an op
portunity to visit the James
town Exposition Southern Rail
way will extend limit, and
honor tickets for return trip
from Norfolk. Through sleeper
and the quickest route.