davidaulloa/AmericanStories huggingface dataset:
The Vinita daily chieftain. [volume] (Vinita, Indian Territory [Okla.]) 1902-1913, 1907-11-06
THE PANIC OF 1918.

"There is something almost
uncanny in the thougt that panics
ia the financial and commercial
world have habit Of recurring
at such regular intervals that, II
not prevented, we, here IN the
United States, are doomed to suf-
fer another cataclysm in the busl.
ness world in 1913. 1t would
seem that, given six years warn
ing. we ought to be able to fore
stall such catastrophe. Yet we
are stared in the face by the fact
that during the last one hundred
years the United States has been
visited by periodical convulsions
Of the kind described, at inter
walls of almost exactly twenty
wears, with premonitory symp-
toms of derangment at or about
midway intervals. The first real
panic in the domestic CONNER
ciaI world in the nineteenth CEN
tury was in 1814-the outcome
of the war of 1872, the exclusion
laws and the embargo the next
was in 1887 -39, following the
United States bank CONFUSION,
wildcat banking and speculation
in land, with $4,000 resultant
failures, more than three times
the average annual total today
after that came the big reversal
OF 1857, consequent on over-ex-
panded banking credits and tariff
legislation and next, the dis
turbance of 1873, caused by over
speculation following the civil
war; and Rnally, the most serl-
Gus panic in our history, in 1898,
due to over extended credits in
commercial and other lines.
Punctuating these five plunges
into the region of unreasoning
fright there were minor panics /;
those of 1918, 1926 and of 1929,
due to tariff legislation upsetting
business that OF 1S48, which was
a reflection of the disturbed con
ditions in Europe one in 1866,
which was lost sight of by the
turmoil incident to the closing
year of the war of the rebellion ;
the Eastern commercial and bank
ing credit arrangement in 1884,
the echo of the Barings' failure
in 1890, and last, bat not least,
among these disturbances of a
so-called minor class, the wrench
ing liquidation or deferred panic
of 1908. This brief review makes
it plain that some not well-under-
stood psychological or soclolog-
ical law has, for a century past,
exercised an unerring influence
to produce the cycles of pros
perity, panic and liquidation
which have scared the domestic
business world. 1t likewise en-
phasizes, in a way that should
come home to every banker and
business man, that in 1913 it is
certain that the twenty-year va
The Vinita daily chieftain. [volume] (Vinita, Indian Territory [Okla.]) 1902-1913, 1907-11-06

Too much credit cannot be
given William J. Bryan for his
attitude toward the present tinan-
cial stringency. He might have
made political capital out Of it,
but IS too patriotic to try to do
cO
The Vinita daily chieftain. [volume] (Vinita, Indian Territory [Okla.]) 1902-1913, 1907-11-06

No better panic-preventive and
confdence-tonic is known than
prompt payment of small obliga
tions. Five dollars in circulation
does more good than five million
horded. Paste this in your hat.
The Vinita daily chieftain. [volume] (Vinita, Indian Territory [Okla.]) 1902-1913, 1907-11-06

II any customers OF the Jersey
Dairy have failed to,get their milk
the proprietor will be glad to have
them dron him a card, p. o. Box l6l,
Geo. W. Seigel, prop. 29otlmo
Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1907-11-15
M'a1hington s tandard
OLYMPIA. WASH.
FRIDiI MORNING. NO,ENbEG Is. 1907.
With Hart Bowed Down

1t i only tho~c IA" l4aY" passed
,hrnl.eh a ,t'.,. sorrow Nhr can rra-
,ilr ;l.r luu.u;; de 81 tie atl'ic,.on o.:
.o>inga ul,.u,,rrot the family. >trirh-
en- nl the. hand Of death Amos ~ Il
lrnmrlit ! uu'i,r.
ilrnry Nli..r Murphy died >''>''r-
day uurltiu-. d'1uul "l@!.r " ,."-k. a.
asthma. ul which di>,.a>,. h,. Ldd ur'u
a sufferer. At times. Ion Years His
present aliiic,iun WAS d"uhtl''>>
somewhat pr,cipiIIl"i 10y an INJURY
Ia lis foot from pIurturr by Il mai.
which threatened blood poisoning.
THIS was. however. nearly overcome
bv the careful miniStrationS Of DR..
Wvuan. but dense fog coming on.
a recurrence Of his old malady fol-
l"wrd when his system was weak
cnrd 10y loss of sleep and cuntinc
n,nl Ia his bed, and he fell Il victim
after several days of valiant warfare
against tn, fell Destroyer
Henry was born in this city. on
March 10Th. lsG2 which made him
~ years : months and - days old
He WAS one of the most faithful. de-
voted and Industrious of boys. and
those traits followed him during man
hood His whole soul was given to
the STANDARD, and his great pride
WAS that he had contributed 50 much
to its usefulness and longevity. Con
ISOLATION may he found in the thought
that
The death-change comes.
Death is another life. We bow our heads
At going ont, we think, and enter straight
Another golden chamber OF the Kings,
Larger than this we leave, and lovelier.
And then in shadowy glimpses, discon-
meet,
The story, flower-like, closes thus its
leaves.
The will of God is all in all. He makes
Destroys, remakes, for His own pleasure
ALL
Deceased leaves devoted wife and
a son seven years of age.
The funeral will take place Sunday,
at 2P. NJ, under charge of the aerie
of Eagles, of which he was an honored
member Hon. Z. d. Moore will de-
liver the address. in their hall, and
the Obsequies will be in charge of W.
r. Whiteside.
Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1907-11-15

IT now seems that the disappear
ance of Helen Maloney, the heiress,
with half million dollars in her
own right, was a villainous scheme of
Clarkson. the Englishman she eloped
with, and his confederates. to rob her
of the money. That, at least, is the
opinion of her family, who say that
she considered her former marriage
not binding, as she had not lived
with her husband and the rite was
not of serious intent. The inherit
age of the young lady was in bonds
that had been sold and doubtless the
English conspirators are dissipating
the money, without any thought of
the fate of the misguided girl.
Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1907-11-15

A STRIKE of the miners has closed
the Wilkeson coal mines. They num-
Der 400 operatives. and their action
curtails the output $500 tons daily.
Their demand was to count time
from entering the mine till they had
quit work and to let the men name
the pit-bOSS.
Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1907-11-15

CAN BETTER FILL TIE ROLE OF
HERCULES THAN APOLLO.-William
f. Corey, the millionaire President
of the United States Steel corpora
ton, has gained 30 pounds since his
marriage to Mabelle Gilman, the
actress. He now weighs 2l0 pounds,
destroying the Apollo-like form
which captured his talented bride.
He is taking Turkish-bath treatment
in the hope of reducing his flesh.
Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1907-11-15
Lords Prayer in Verse

Our father in heaven, we hailow thy name.
May thy kingdom holy on earth be the same.
Oh, give to us daily our portion of bread,
Ii 10 from thy bounty that all must be fed
Forgive our transgressions and teach US to know
That humble compassion that psrdon- each ine
Keep us from temptation, from weakness ana 81
And thine be the glory, forever. Amen.s
Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1907-11-15

THEelection of Tom Johnson, Mayor
of Cleveland, Ohio, was a vigorous
slap at President Roosevelt, who
used all the power of the government
machine for the success OF eX-COn-
gresham Burton.
Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1907-11-15

TIE best indication of a return to
old-time prosperity is noted in the
election of Taylor, Democrat, for
Mayor, of San Francisco, Cal, Lang
don for Prosecutor, and the whole
Democratic ticket, including Super
viSOrs.
Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1907-11-15

FRED E. Lyon, conductor of a
Queen Anne car, Seattle, was acct
dentally killed in collision with a
Youngstown car, Saturday night:
The latter car was in charge of L. A.
Stuckey, mOtorman, who was ar
rested on charge of criminal care
leSsneSS.
Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1907-11-15
Warrants and Hard Times,

1t has been suggested that our
State Constitution be amended to
allow warrants to be receivable for
taxes levied by the State, or any of
its subdivisions; that this paper
would in such cases largely perform
the functions of money, and cOnsc-
quently would prove great aid to
the people in times of financial strin-
gency. Under the law, as it now
stands, taxes must be paid in money,
and no public officer is permitted to
receive any other medium of ex-
change. Several of the colonies, in
the early history of our country,
issued notes and bonds by which it
was provided they should be receiv-
able in payment of taxes in Virginia
Atone time, such paper became more
popular than coin, rs the security
was deemed to be first-class. Trade
and agriculture were stimulated, but
the mother country saw fit to nullify
the law, compelled the people to use
British money, by providing that it
should be the only legal tender
among her colOnists on American
soil.
There is a further agreement which
is quite conclusive. If A should be-
come indebted to b, and issue to the
latter his note of hand as evidence
of the debt, then C should purchase
this note with which he attempted to
liquidate q claim which A held
against him co. but A repudiatcs his
paper and says he will only accept
coin, the ordinary man would consider
as dishonest, in repudiating his own
note. BY parity of reason, why
should not the same logic be applied
to city, county or State? No rule
of the law can make wrong moral
right The law as it now exists dis
eliminates in favor of the party who
has the coin. In times of q money
shortage, the holder of a county war
rant cannot use it as means of liqui-
dating the county tax levied against
his property, otherwise than by sell
ing his warrant at discount and
paying the money received for the
same into the public treasury. There
does not seem to be any good argu-
ment why any individual, private or
political corporation, should discredit
his or its promises to pay, made upon
just and sufficient consideration.
Doubtless these warrants would not
circulate to any great extent outside
of the given State, county or munich
pality issuing them. Property own
ers and business men therein, would
readily accept them, especially those
having taxes to pay, feeling that the
paper might readily be disposed of if
hey personally could not use it.
The banks deal largely in this class
of paper, and in case of shortage OF
cash to meet the demands of dcposi-
tors, could readily induce a large pro-
portion thereof to accept the war
rants in lieu of current funds. This
would tend greatly to increase the
public confidence in the stability of
banks.
Such paper would bear no analogy
to the wildcat banking currency
used before the appearance of the
greenback, which currency was based
upon coin of which the old State
banks were short, in case of furry
in the financial realm; whereas, the
warrants issued by the state and pub
lie corporations, all the property and
assets therein are pledged for their
(the warrants redemption.
Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1907-11-15

ACCIDENTALLY KILLS HIS Son.
r. u. Rocket, of Castle Rock, this
State, accidentally killed his son
Earl, while at bear last Saturday.
The lad had closely followed the bear,
which he had dislodged from the
bush, when his father fired at the
brute and three of the buckshot
struck the boy.
Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1907-11-15

THE Commercial Court OF Berlin.
Germany, has decided that - cents
an hour is enough pay for a skillful
doctor. A bill was rendered for 50. IS
for three hours service, and it was
cut to $1.30.
Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1907-11-15

DEATH OF A SLAYER OF A FELLOW
PATIENT.-Thomas ]. Brown, who
killed Ed ArlOta, another patient, in
the asylum at Fort Steilacoom, on
the night of the Sth of last Scptcm-
Der, died Sunday, in the same insti-
tuition. Both patients were locked
in the same room, and it appears
that, during the night, Brown was
seized with form of acute mania, in
which he killed his roommate. 1t
was the belief of the Coroner. who
investigated, the matter, that Brown,
pounded Arlota into insensibility
and then choked him to death.
Browns demise was preceded by a
short illness.
Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1907-11-15

KILLED OVER 100 PEOPLE IN A
YEAR.-A report of the Northern
Pacific Railway commission places
the total receipts for the year ending
June Both, at sl9, 1858, 055. The
amount paid for passenger earnings
was $6.110,2l6. The number of
passengers hauled in the State was
1880 OF those Ill were killed by
accidents, and 562 were injured. The
mileage of the road is $50, of which
1929 are in this State. 1t seems
that this high rate of mortality ac-
corded indicates either earelessness
of management or inferiority of
equipment.
Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1907-11-15

JOIN Freac h, aged64, and Martha
johnson. aged 81, were married last
week at Darlington, Ind. This is
the grOOm's third venture on the
matrimonial sea, and the brides
fourth. 1t seems that they have not
found marriage to be the failure that
some people allege it to be.
Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1907-11-15

THE Peace Congress at Hague,
which lately held a session of four
months, cost nearly $3,OOO,0 600. The
general expenses of all the delegations
amounted to S2,970,000, of which
523, 600 went for BIZ dinners. The
flowers of those dinners sometimes
cost alone $1,000. The telegraph
tolls amounted to $225,O72, more
than 4 million words being sent out.
Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1907-11-15

THE National debt had increased
at the end of August, to the amount
of $40, 176, 600, or 81, Ia, SD for the
month.
Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1907-11-15

Now SHOWN THAT CAPITAL CAN
PROTECT ITsELF.-The people are now
beginning to realize the truth of
the assertion of Democrats that
Capital can take care of itself" 1t
needs no statutory law, because it
to the old common law of
necessity, which at times ovcr-rides
all law. The situation may be said
to be SO awful as to cause many inter-
estcd to lose sight of the fact that
the proceedings adopted are not law
full.
Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1907-11-15

AN ASTRONOMER by NATURE A
farm boy at Cottage Grove, Wis,
has found two large comets. His ex-
plot was made by an uncducated
youth of 16, ]. f. Mellish by name,
with a homemade telescope of his
own construction. The last one was
discovered in October and Prof. Com
stock, of the National Observatory
at Washington, has deemed it of
enough Importance to telegraph the
information to all the big observa-
tories over the whole country.
Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1907-11-15

Pennsylvania and Massachusetts
elected Republican Governors. The
old adage about the Dutch and Hol-
land is in order.
Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1907-11-15

GOVERNMENT has approved of the
selection of 1868 acres of school in
demnity lands in the Waterville Dis
trict.
Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1907-11-15

HEARST has come out for Bryan.
Although like all human beings he is
not fallable and makes mistakes, Mr..
II. has a knack of doing the proper
thing at the right time that shows
that his heart as well as his head is
in accord with correct principles.
Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1907-11-15

THE photographers strike is about
at an end and many of the old oper-
ators are applying for reinstatement
all over the country.
Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1907-11-15

MURDER WILL OUT. The graf
flying news that Frank b. Coving-
ton and Charles Burlison. who are
supposed to have murdered the child
wife of the former, Agnes McCoombs
Covington, at lodging house in
Seattle about Sept Bird, have been
located ON the schooner Henry Fail
ing, still on a voyage for Australia.
They shipped as part of the crew,
under the names of Jack Edwards
and Harry Hughes, Il few days after
the deed was discovered, having been
in hiding at Tacoma. The facts were
by Detective Smith, and
the proper officers have made ar
for the apprehension of
the men on arrival at destination,
and their eXtradition to answer for
the crime alleged.
Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1907-11-15

AN attempt was made to aSsassi-
nate Chief of Police Mckinney, of
Hoquiam, last Friday morning. He
was called out by telephone mes
sage and fired at from ambush. That
he has been unrelenting in appre-
hension of breakers can be the
only motive.
Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1907-11-15

WHALE SWALLOWS THE SMALLER
FIsn.-The present financial furry
it is said has enabled the great tinan-
cier Morgan to acquire the owner
ship of the Consolidated Steamship
company, hitherto owned principally
by Charles w. Morse, capitalized at
SGT, II 600, 900 for an actual cash eXpen-
diture of about $500, ZOO.
Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1907-11-15

TAMMANY's majority in New York
county was over 30, 900.
Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1907-11-15

IT is now reported that the Pacific
battlc-ship squadron will be split
into sections, and five of the best sea
fighters will be sent to the Philli
pines. There must be some force in
what we have maintained all along,
that the little Jap cannot be trusted,
when it is deemed necessary by this
move to guard the Asiatic station.
Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1907-11-15

Which Is THE Most INHUMAN. "A
Tacoma paper alludcs in narrowing
terms to the unparalleled cruelty of
fishermen in mailing live founders to
the outside of boxes. in shipment Of
that product to market. Now let us
see, if the charge of extreme cruelty
is sustained by this act. The average
fishermen never thinks OF putting Il
fish to death when it is caught, and
how much more cruel therefore is the
mailing process. than to allow the
fish to founder about under the slow
process of Suifocation, when taken
from its natural element. water. to
one for which it has no adaptation.
the air? The latter process doubt
less intlicts more misery than pune
ture by the nails. which must tend to
shorten the death agony. The fish
erman, to be human should find
some means Of ending the life of fish
at the moment it is caught. \ slight
blow on the head is sufficient, in most
cases, and it may be noted that even
the ignorant savage, our native In
dians, while fishing in their canoes,
half century ago, performed this
merciful act, each smaller fish being
killed, rs caught, by conveniently
biting its head. When it came to
salmon, however, this was obviously
impossible, when small club or the
paddle was used for execution.
Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1907-11-15
Inducements for Farm Hands.

\ wealthy farmer in South Dakota.
finding that high wages and a coun-
try dance given in their honor had
failed to keep his hired men. has in
serted the following advertisement
in the want column of Il local paper:
Wanted-Man To pillow. Will furnish
riding pillow with canopy top. l will
feed, harness, hitch and unhtch horses,
and carry breakfast To- him while in bed.
If water doesn't agree with him, Will
get something that will Will also fur
niSh team and nu-gv tn drive evenings
and sundays. Should he prefer an auto
mobile. will buy him one.
1t really seems that that should
induce amy man 10 stay with his job.
especially as this is intended as a
supplement to the country dances, J"
hitherto the attraction is we'll as Il
call to dinner 10y the farmers hand
some daughter But then. nobody
knows; the times are decidedly out
of joint as they always are when the
Sun is wearing spots on his face.
Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1907-11-15

POSTMASTER ENERAI. FAvORS Pos
tai SAVINGS BANKS. Experience
now teaches that PoStmaS ter General
Meyers plan for establishing postal
savings banks, is one of the best sug-
gcstionS yet made to avoid Il general
panic, in which cverybody's money
is tied up in bank vaults. At din
ner given by the Union League Club.
in Philadelphia. he proposed to
place the interest SO low rs TO avoid
competition with the banks, and
make it purely Il choice between alb
solutc safety and the risk attending
higher rates that are subject to the
chances of financial depression. 1t
is 4 fact not generally known, that
the postal order service is made the
means of considerable local banking.
The plan is to draw IN order payable
to self at the Office of issue, which is
4 perfectly legal and absolutely safe
proceeding. and the deposit has our
venerable Uncle for a hacker
Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1907-11-15
Filthy Lucre.

While. "" may not know how much
present conditions may have changed
popular opinion on the entire accept
ability of Our circulating medium OF
EXCHANGE. il suggests consideration
If the people 10 an article of consider
hlr length that i GOING the rounds Of
some leading periodicals., stating how
many microbes 10 the square inch in
hahit,d oar grrrnbackS. and that
even our smooth. shining. slippery
Silver and gold coin. We're fairly alive
with TN, tiny microuSm. that might.
under certain conditions cat 81 dis
rl~r or death. noting the common
habit of children. and sometimes even
adults. of placing money in the
mouth on between the lips. while the
hands were employed in some other
service. Ii is hardly probable, just
now. that anybody will refuse gold or
silver coin. or even grccnbackS. from
the fear that constant handling for Il
long time may have filled them with
invisible bacteria that may he dan
IrrouS to life. for the presence of
these microscopic evidences of ami
maj life. is not To be taken in all
instances. as detrimental in any de
gree to life. If if it were. what Il
fearful risk is run when vinegar is
exposed under the microscope. and it
is found tccming with snakes, lizards,
even Sca-scrpcntS, engaged in fear
full combat Just as many larger ami
mails that do not crawl or swim is
unhcSitatingly taken into the human
system. without any harm. Then
take a drop of water, especially if it
has stood without agitation Il few
hours. with its myriads of fighting
and struggling organisms! If such
close association with microbes. in
supplying the life current that keeps
the animal machine in motion, does
no harm, we incline to the opinion of
the good old doctor who, when con-
suited by the young people of a par
ish whose pastor had informed them
that the kissing habit should never
be INDUCED in from fear of parasites
and microbes. He declared, Non
sense, nonsense! the vericst non
sense! There are bad microbes and
good microbes. The microbes that
owe their origin to pure love are holy
and cnnobing. Thank Heaven for
those microbes, for they attunc the
hearts of human beings to that rap
ture which is akin to the only JOY
of Heaven that survived the fall. >
And all the young people declared
the old gentleman was a Saint on
Earth.
Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1907-11-15

ROLLING IN WEALTH. Gladys VAN
dcrbilt, youngest daughter of the
late Cornelius Vanderbilt. attained
her ma iority Aug 9th, and cancinto
possession of 81, 600. 900, in bonds
and other interest bearing securities.
This is dot" of which any girl
ought to be proud. Now GLADLY,
do not, please do not, spend it for Il
worm-catcn title, imported for the
occasion. BE Il sensible woman! BE
Il true American, and you will re-
ceive more genuine plaudits and
more good wishes and what else
can wealth bring than if you should
follow the example of wedding 4
whole family of DcCastclincs. and
being beaten and robbed by them all.