davidaulloa/AmericanStories huggingface dataset:
Lewiston evening teller. [volume] (Lewiston, Idaho) 1903-1911, 1907-12-05
KANSAS CITY
BANK CLOSES
FAILED TO WEATHER FINAN-
rIhL STORM AND Is IN HANDS
OF NATIONAL BANK EXAMIN,
Err BY ORDER OF CCNTRlZ-->

KANSAS CITY, Dec. 5.-The Ma
tional Bank of Commerce of Kansas
CITY failed to open it's doors this
morning. The bank is one of the
oldest and largest in the city. The
following notice is posted on the
doors:
This bank is closed by order of
the board of directors and is in the
hands of James T. Bradley, national
bank examiner, by order of the con-
troller of the currency"
The banks directors and stock
holders include some of the most
prominent men of the city. The
bank holds the deposits of numer-
Gus small banks in this part Of the
Southwest. What effect the failure
will have on them is problematic.
The other banks issued their
statements showing a healthy condi-
ton. The Bank of Commerce has
been in a weakened condition since
the last statement was issued.
August %. The bank was interest
ed in many local enterprises, It's in
dividual depositors are among the
largest of any bank in the city.
William A. Rule. cashier of the
bank. made the following statement
to DR.. s. Woods, the president:
"The directors Of the National
Bank of Commerce thought it
best at least to close temporarily.
We made the fight of our lives, but
the conditions were against us. The
depositors will not lose a cent"
The statement shows liabilities
and resources of upwards OF $25'-
100000. President Downing OF the
clearing house said the failure was
due to lack of conservatism. None
of the other banks have asked aid
from the clearing house and he on
sideTs them perfectly sound.
= Two small branches of the Ma
tional Bank of Commerce, one To-
Gated at the Union stockyards ana
the other in the wholesale district
on the West bottoms, have also clos
ed their doors They were the
Stockyards Bank of Commerce, witt
deposits of 100000, and the Union
Avenue Bank of Commerce, with
small deposits,
The failure of the banks did not
cause any run on other banks, and
deposits were made as usual, -
new home for the bank is be.
ing erected at cost of $1.5OO,O0O
and is nearing completion. The
bank was to have moved in a few
months, and recently let a contract
for expensive furnishings. ~"
MD<NH CL--- ~MHMaF
Lewiston evening teller. [volume] (Lewiston, Idaho) 1903-1911, 1907-12-05
TESTIMONY in
POWERS CASE
STATE OFFERS STRONG EvI.
DENCE IN MATTERS THAT
WENT BEFORE THE POWERS
JURY TODAY. I ~ =

GEORGETOWN, KY. Dec. s.
state Senator Watson. testifying at
4he trial OF Caleb Powers today
said he saw Four. armed men IN cit
,zens' clothes at the door OF the ex-
eeutive building while Goenefs
body. was being carried from the
state house grounds.
, state Sentaor Frazier test1ned he
heard some mourtain men say:
1--WE are here to stand by cover
nor Taylor and propose to give 'en
hell"
Lewiston evening teller. [volume] (Lewiston, Idaho) 1903-1911, 1907-12-05
PRELIMINARY
Held TOMORROW
ALLEGED CATTLE RUSTLERS
WILL GET HEARING BEFORE
JUDGE ERB's COURT AT 10
O'CLOCK


The first action in the alleged
north Idaho horse stealing organiza-
tion, in which the defense will show
its hand, will be in the preliminary
examinations of Sinnebar Hill and
George Forsman, which will be con-
Quoted before Justice of the Peace
Erb tomorrow.
The Hill examination will be con-
ducted at 10 o'clock and Forsman
will be before the court in the art
ernoon. The men were arreste0
upon information secured from
Bauer and Kent, the two confessed
horse thieves, who were arrested I'm
Montana about two weeks ago.
When Hill was arrested the ofncer
recovered a horse taken from
farmer near Juliaetta, and FRANK
White, the third man arrested upon
information furnished by the two
prisoners, has entered a plea Oh
guilty before the probate court OF
Latah county.
The cases tomorrow are OF paruc-
uIar interest because of the promt-
nence of the men accused. Forsmar
! is a prominent rancher residing
\ near Juliaetta, while Hill resides
, for many years in the Potlatci
country and is now engaged II
farming in the vicinity of Summi'
. It is probable that both Kent an
G Bauer will be brought to Lewisto
for the preliminary examination
20 and County Attorney Stlllinger
Latah county may be IN attendanc
The defense will be represents
by Attorney G. w. Tar1ahili
lily Lewiston.
Lewiston evening teller. [volume] (Lewiston, Idaho) 1903-1911, 1907-12-05
TAFT ENROUTE TO
GERMAN CAPITAL

ST. PETERSBURG, Dec. 5.--see-
retary Taft and party left at noon
today for Berlin. A party OF Rus
sian officers and functionaries and
the staff of the American embassy
saw the party of at the railroad sta
tiap.
The Russian authorities are re-
Iieved that the secretary's visit has
passed without any untowsrd Incl
dent.
Lewiston evening teller. [volume] (Lewiston, Idaho) 1903-1911, 1907-12-05
AFFINITY EARLE
LEAVES AMERICA
MAN WHO DISCARDED WIFE AND
PABY FINDS UNITED STATES
TOO WARM FOR COMFORT AND
TAKES TO CONTINENT

NEW YORK, Dec Ferdinand
Pinney Earle of affinity fame has
deserted the United States and taken
up his abode in Italy. Miss Julia
Kuttner. his soul sister, for whom
he discarded his pretty young wife
and theif child, is said to be some
where in Europe also.
According to statements of Earle's
acquaintances today, he Is ddne with
America ana will not return to this
country except on business Aisoi
he has ceased to write poetry, anu
will throw his whole soul into his
paint brush in the hope of winning
fame as an artist,
Earle slipped out of the country
without any noise His brother
Victor NJ. Earle, declared today tha'
he did not know where Ferdinand
had gone, nor did he know the
whereabouts of Miss Kuttner. ID. u
Smith of the Earles admitted tina
both Ferdinand and the ahnlt!
were abroad.
Mrs. Earle, who was bundled OF
tn her home in Paris by Earle, ha
not sued him for divorce, and he
friends think she will not. It
stated that the French courts woul
o+ rror+ tho deere Msr. Earle
, represented as a heartbroken W.
t man.
Lewiston evening teller. [volume] (Lewiston, Idaho) 1903-1911, 1907-12-05
State Uses Sixth Challenge

BOISE, Ida, Dec. 5.-The s1a'e
,,sed it's sixth peremptoTy challenge
tb,s morning at the session OF the
po+tibone trial. The examination OF
+olesmen still continues
Lewiston evening teller. [volume] (Lewiston, Idaho) 1903-1911, 1907-12-05

A railroad in Nigeria, Africa, win
he constructed by the British colo
NAL government to develop the re-
sources of the country. and IN par
ticular to stimulate the cotton grow
ing industry. The road win be about
400 miles long.
Lewiston evening teller. [volume] (Lewiston, Idaho) 1903-1911, 1907-12-05
Credit HaIaRce IN New Yorl
ETR" asx-S~ $50 -..%@fS.. ..

NEW YORK; Dec. 5.-The corre-
spondent of the National Bank OF
Commerce of Kansas City is the
First National bank. An ofhcer OF
that institution said today:
The Kansas City bank had a
large credit balance with the First
National" - - ~4l
The stock market was ahected pE
the news, but not to any SERIOUS
extent.
Lewiston evening teller. [volume] (Lewiston, Idaho) 1903-1911, 1907-12-05
Tacoma Banks Rank High

TACOMA, Dec. 5.-statements Is
u,,od Inv the local banks show that
the cash on hand is twice tne
ououpt required by law. The gen
o-ol condition Is excellent.
Lewiston evening teller. [volume] (Lewiston, Idaho) 1903-1911, 1907-12-05
CALL FOR BALANCES CAUSE
Controller Gives Tha(. as His opin'
4 ion Of Kansas City Failure


WASHINGTON, Dec 5,-~Ih a
statement issued by. the controller
ot the currency in reference to tne
Kansas City bank failure, 1t ls
stated that the failure Is doubtless
die to calls which have been maue
on the bank for balances due otnel
banks and their inability to reallzt
on assets quickly enough to mee'
them.
The bank is one Of the largest Il
The West and in Septemher ha
about s34,Ooo.ooO derosits' some
thing like $22,OoO.OOo being du
other banks.
1t Is too early for the contro'.e,
Office to give any details or the IA,
ure, but II is hoped the bank WI
be found solvent.
Lewiston evening teller. [volume] (Lewiston, Idaho) 1903-1911, 1907-12-05
Chicago Wheat Market.

CHICAGO, Dec. Wheat elose'
Dec e4sc; May, s1.o1%c,
Lewiston evening teller. [volume] (Lewiston, Idaho) 1903-1911, 1907-12-05
Treine Kills Track layers

GLASGOW, Dec. "A gang Of
nine plate layers was run down BY >
light locomotive today and seven
killed outright
Lewiston evening teller. [volume] (Lewiston, Idaho) 1903-1911, 1907-12-05

SALT LAKE, Dec. 5.-Charles 8.
Burton. president of the Salt Lake
Clearing House association, said TO-
day that the statements Of the Salt
Lake banks, in response to the cali
of the comptroller of the currency,
would show exceptionally satjsfAc-
tory conditions.
"The banks are in a stronger po-
sition than usual" said Mr.. Burton.
"Their available reserves will run
from 35 to So per cent and few, if
any, of them will show decrease
in deposits. In fact, some of the
banks will show an increase"
Lewiston evening teller. [volume] (Lewiston, Idaho) 1903-1911, 1907-12-05

amount of cash now held by the
Kansas City banks is about normal,
according tC the statements of lead
ing bankers here, and the reserves
are placed at between 40 and so
per cent of the deposits.
Most of the small country banks
in Kansas are said to hold almost
double their usual amounts of cash.
CHICAGO, Dec. 5.--A return t. a
cash basis ,.,'l'" "osr at hand. SIXTY
tho d" -. lia2ring house
tee were destroyed today
MAKING ,ne total retired $4,000
Only $4,000 of the certificates have
been given this week, and deposit
tors's requests for money have been
met without question
Lewiston evening teller. [volume] (Lewiston, Idaho) 1903-1911, 1907-12-05
BANKS ARE IN GOOD SHAPE

Chicago Retirino scr'pt-sslt LAKE
!, in Snlendid Condition
KANSAS cry, Dec. "
The Washington herald., 1907-08-23

We have sometimes wondered just how
our friend Col. Watterson would COM
port himself in the event, all the more
inevitable every day. that William J.
Bryan should be nominated as the Dem
ocratic candidate for the Presidency over
the vehement protest Of the veteran editor
OF the Courier4JOurnal. Only last week
the colonel was declaiming in his most
1eryid style against the 'insensate" pol
icy OF the Nebraskan 'Preposterous. ="
revolutionary at war with all the doc
trlnes and traditions Of the Democratic
party were some OF the opinions
expressed concerning Mr.. Bryaus ad-
voeacy OF government ownership and the
initiative and referendum. The Demo-
cratic party, the Kentuckian declared,
could not afford to indorse such revolu-
tionary schemes, YET, he argued, Bryan's
nomination would mean Endorsement OF
them
Well, some one has ventured on the
opinion that Col Watterson, entertaining
these views. is preparing TO bolt Bryan
in the event OF his nomination. Not so.
Nothing could be further from the truth
Col Watterson AYERS that Mr.. Bryan is
a most agreeable man; that he would
be mighty glad 10 see him in the White
House. and would not be afraid to trust
him there. AL that the colonel insists
The Washington herald., 1907-08-23
TRUSTS AND THE TARIFF.
Protection Considered a Prime
Cause of Our Business Evils.

From the ChyFlsstou News and Courier
There is no condition Of modern busi
ness which cannot, in our opinion, be
fairly met within the limitations Of the
Constitution as il stands. aud as il must
stand. If the rights OF the people are 20
be protected. The plea that most Of the
large corporations do a business that is
not confined TO any State Is a vain
and empty plea; there is no more reason
why the national government should ex-
ercise over them a similar supervision and
control 20 that which it exercises over
the national banks. than there is why the
national government should exercise a
supervisory control over the legislative
acts Of the general assemblies Of the sew
eraI constituent States OF this Union
There has been an enormous amassing
.of big fortunes. and the Organization Of
immensely rich corporations. but for none
of these dangerous combinations Of capital
have the individual States been response
BILE The fault lies not in the Constitu-
ton. but in the policies which have been
maintained BY the dominant party in this
country. The trusts are the direct prog
eny Of the protective tariff and the pro-
tective tariff is the one fruitful source Of
all the evils from which the American
public are suffering to-day which the
President does not touch in the remedial
measures which he would adopt for the
correction of the new conditions Of
which he speaks so freely. and against
which he would provide by extraconsti-
tuticnal legislation.
The Washington herald., 1907-08-23
Prison Penalties in the Rars Law

Senator Foraker, in reply to Secretary
Tafts structures on the Elkins rebate law.
has brought out some interesting points
with respect to recent railroad legisla-
ton, with which Mr. Taft apparently IS
not so familiar as the Ohio Senator. The
Secretary Of War criticised the Elkins
law as a railroad measure because il con-
tanned no Imprisonment penalty for vio-
Iation Of its provisions. The abolition Of
a prison penalty. in Mr. Tafts opinion.
was unfortunate, but it made the law
acceptable to the railroads To which
Mr. Foraker replies that the railroads
had nothing to do with the elimination
from the Ellins bill Of the Imprisonment
clause. which was done on the recommen-
dation Of the Interstate Commerce Com
mission.
The fact seems TO be that the commits
sion has been on both sides Of this mat
ter. In the current number OF the Yale
Review, H T. Newcomb, of this city. re-
views at some length the history of leg
islation for the abolition OF railroad re-
bates. He says that the Commerce Com
mission recommended the Imprisonment
penalty In 1889, ten years later made an
effort TO have that penalty abolished, in
1901 asked that the criminal provisions
of the law be strengthened, and finally
secured the abolition of the prison pen
atty in the Elkins law Of 1903 During
the debate of last year on the rate
bill, Senator Foraker said that the mem
bers Of the commission appeared before
the Senate Committee on Interstate Com
merce and urged that the prison penalty
be abolished, and their recommendation
was followed by the committee, though
Senator Foraker doubted its wisdom. Ac.
cording to Mr.. Newcomb it was believed
by the commission that the existence OF
the prison penalty greatly increased
the reluctance TO make the needed dis
closures on the part Of those having
knowledge, either of actual violations Of
the law or that would be likely to lead
TO the discovery of evidence oSsuch vio-
lations" However, ten years before, the
commission took issue with this view
when it was urged upon them by railroad
managers. who argued that the severity
forcement, as railway officials would not
give information which might lead to the
Imprisonment Of individuals with whom
their personal relations were friendly.
But the very next year the commission
in its annual report, said that while the
commission must refuse TO advise the
abolition Of Imprisonment, its members
are not inclined to oppose such legisla-
tion should Congress see fit to enact it"
There seems to be good evidence Of the
continuous pressure of the railroad in
terests for the abolition of the imprison-
ment clause. accompanied by a growing
conviction on the part Of the members
Of the Commerce Commission that the re-
bate evil could not be stamped out by
criminal measures, particularly If railroad
officials were threatened with jail penal
ties. As is well known. the present law
provides for such penalties, and the ad-
ministration Is favorable TO the idea of
sending somebody to prison for its IN
fraction. 1t remains to be seen whether
The Washington herald., 1907-08-23
FREAK BATTLE SHIPS.
Uncle sam Can Afford TO Wait Fur
ther Developments.

From the Baltimore sun
Before Uncle Sam begins building gigan-
tic freak ships he should consider the
question practically 1t is by no means
sure, according 10 certain experts in the
United states and in Europe. that a e600O-
ton batt.e ship is better than two battle
ships OF 1900 tons heavily armOred. and
carving the most formidable armament
that Is practicable for ships OF that size.
A duel between battle ship of the
Dreadnought type on one side and two
battle ships OF the l2,0o0-ton type on the
other might upset all the claims Of advo-
Gates Of warships Of colossal size. Amer
leans generally believe that their navy
should. in quality. be second TO none in
the world II the efficiency of the mon
ster battle ship Is demonstrated conclu-
sively the United States would doubtless
fall into line in good season. But naval
construction, in the view OF the untutored
layman. seems tokbe reaching stage
analogous TO that which has been at
tained by "skyscraper" construction. The
naval designers ought TO take counsel
neither of their fears nor their imagina-
tions. 1t may be assumed that John
Bull s 30,00)-ton battle ship is not designed
to be a menace to the United States. II
it is q threat to any other power, let US
wait and see whether the monster can
make good" against any foe whom
Great Britain will challenge before we
invest S20.0O0OOO in a war machine de-
signed to be a record-breaker in size and
destructiVeness.
The Washington herald., 1907-08-23
ON a Solid Foundation

AS was pointed out in these columns
recently. tbs financial crisis seems to be
confined wholly to Wall street. and it is
urgently to be hoped that with the
speeches Of President Roosevelt and Sec
retary Taft there Will be an end in that
quarter to the frantic but futile attempts
TO make people believe the financial struc-
ture Of the country Is shaky.
Capital seems slow TO realize that the
country is gradually getting away from
the habit Of religiously rejecting Wall
streets whims. Real values, instead Of
those shown on tickers, are the gauge
by which the financial hutterings OF the
nations pulse can be judged. and these
values are just as wholesomely real now
as they were a year ago. wheD pessi-
mists began anticipating trouble
Hon Leslie n Shaw is responsible for
the statement that there is no material
diminution in the value OF the crops and
the products of the factories. The only
cause that might bring about a panic.
In his opinion. would be a psychological
one
Now that the President has announced
there Will be no change in the policies
Of the administration IN the prosecution
Of Illegal businesses. Il is high time fer
Wall street TO adjourn its indignation
meeting and get back 20 business-the
business Of scalping each other. The
street may as well realize that in the
government the lambs have a protector
that will make the crop Of feeces in Wall
street grow less each year. and that the
made -to-order near-panics only aid in
preventing further shakings down.
/ Really honest Industries have nothing
/ TO fear 4 the company they keep be
above rerroach Dividends may be con-
tinued in the same old way. but with a
continually lessening quantity OF water. '
which will be withdrawn from capitali-
cations as soon as promoters begin TO
understand they must absorb it them
selves or else do business in such a way
that # will coax out the growing hoard of
money now held in savings banks, where
/ il pays interest that is legitimate.
Enough broad hints have been given the
/ professional Ranic makers already, we
! should think
The Washington herald., 1907-08-23
MEN AND THINGS
A Lucky Diplomat.

A fortunate diplomat is Mr.. William
Straight, the American consul al Muk-
den, who is engaged to be married 10
Miss Mary. daughter Of E. n. Hartman.
The romance Is another one OF those
growing out of Mrs Longworth's trip
to the far East. Mr. Straight was in
Pekir then. and it was there that Miss
Alice Roosevelt introduced the couple
Mr.. Straight is only thirty years old, but
during his service in the Orient he has
won the respect and friendship Of many
notable English and Chinese. and ii is
said here in Washington that his work
has been such that he is likely soon to be
transferred 70 more important post
He is Cornell graduate. and he went
TO China Immediately upon graduation.
He worked in the Chinese customs under
Sir Robert Hart until the outbreak Of
the RussO-Japanese war. Then he started
in as war correspondent, and subse-
quently was appointed 10 the consulship
OF Mukden
The Washington herald., 1907-08-23
HOW wALD STREET TOOK IT.
Not Sure whether the Presidents
Speech Was Reassuring or Not.

speech Was Reassuring or Not
From the New York Elening Post.
The case of the Presidents speech ana
the stock market response to IL deserves
TO rank as one OF the oddities Of finance.
To begin with. every well-informed Wall
street man knew two days ago what was
intended to be in the speech, so far as Il
dealt with the railway prosecutions. What
the stock exchange was really engaged
In doing Monday was the putting % itself
Of the pregnant question, Shall l be
in print tomorrow" IL was still quite
at sea in the matter when the market
opened to-day CTuesday)-possibly be-
cause 1t would not have been good form
10 be either frightened or reassured at a
document which was not released.
When the hour Of release arrived. the
situation was further complicated by in
timations that Mr. Roosevelt had de-
cided to say, at Provincetown, something
which had not been said in the original
draft Of the speech, and on the inference
that what were at once termed the in
serts" would be "reassuring' the market
grew somewhat excited. Whether they
actually were reassuring OF not Is a
riddle which must be left to the reader of
the speech; but since Wall street itself
had al no time the least notion OF
what would constitute reinsurance" the
mere knowledge that a speech. described
beforehand as drastic" was to be
amended" was followed by rising prices.
All this was exceptionally foolish. but
II was so. chiefly because Wall street 5
attitude toward the Presidents speech
has been foolish from the start That no
recantation would be made, every one
understood. and presumably nobody
supposed that q threat OF universal prose-
cution would be uttered. or hints at bag
ging a big covey Of game" Il is, there
fore, somewhat difficult 10 understand
why the speech should have legitiE3ateiy
affected market values, either one way or
the other
The truth OF the matter. appreciated by
observant people for some time past. is
that the financial situation has gone con-
siderably beyond the point where il has
any stake in the governments railway
policy. That policy has never played the
part In the markets decline which the
hue and cry OF the stock exchange has
assigned TO it. In all probability We
shall hear a good deal less. now that
there is 10 other speech 10 wait for. OF
the maudlin lament over a perfectly sound
situation ruined and perfectly solvent
corporations wrecked through this bring
ing Of offending corporations 10 book.