davidaulloa/AmericanStories huggingface dataset:
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25
The Senate.

The senate passed the Warren bill
increasing the military corps of the
army. The total inArease. which is to
reach its maximum in five years, is
G,f97 officers and men, which, with
the increases in certain salaries of
men in separate grades, such as cleo.
tricians, machinists, etc, will cost
$243,32i annually.
Senator Kittredge Of South Dakota,
who lives where lumber is scarce and
who has seen how the lumber trust
controls the situation, denounced that
corporation in the senate as the most
gigantic, eXacting and soulless of the
trusts that Cypress cur people"
The lumber trust is the king of
combinations in restraint Of trade"
he declared. IN its farreaching eff
fects there is none to compare with it.
1t is remorseless in Is grasp on the
people, and the only change which it
contemplates is to increase the price
OF its products at stated and frequent
intervals without regard to cost"
He said that the trust had become
so bold In its operations within the
last year or two that 1t had eliminated
In many localities all semblance of
competition and from a central point
controlled both the Wholesale and re-
tail trade.
United States senate may investi-
gate the race question, which also in
wolves Southern representation.
Senate instructs Secretary Straus to
investigate high price of lumber from
log to finished product.
Senator Warner, OF Missouri, refuses
to vote to table Blackburn resolution
on Brownsville affair.
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25
IN CONGRESS
The House,

Senator Long introduced bill, to
be offered as an amendment to the In
dian appropriation bill, authorizing F.
J. Boudinot to bring suit in the court
OF claims to determine whether the
$l4S,0OO paid Charles NageI's St. Lou.
is law firm ought to be refunded to
the eastern Cherokees. This bill is
designed to test tn contention that
the fee should rot have been paid out
OF the funds of the eastern Cherokees.
Another attempt I, report the Hep
burn-Dolliyer bill was defeated by a
Vote OF eight TO seen in the house
committee on judiciary. This bill
makes liquors in interstate commerce
subject to the laws of states into
which they are shipped, and has been
the basis Of much controversy in the
committee for two years.
BY rising vote of 1873 to 90, the
house adopted an amendment to the
legislative, eXecutiv. and judicial ap-
preparation bill, which was taken from
the speakers table with senate amend
ments increasing the salary Of the
vice-presdent speaker and members
of the cabinet to $4,000 per year. and
those of senators and representatives,
delegates from territories and the
resident commissioner from Porto
Rico to $500 per year, the increase to
take effect March 4, 1907.
An effort was made to have a roll
call, but at once "a members arose,
which was not sufficient number, so
the house was not forced to go on
record.
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25
BUILT or FOSSIL soNEs
Queerest House in the World % n
Wyoming.

"The queerest house In the wofla'
said a zoologist, "is undoubtedly d,
famous Bone cabin of Wyoming, nes
the Medicine Bow river. This CAB
ms foundations are built Of fosil
bones.
Bones Of dinosaurs jaws Of ths
diplodocus, teeth OF the brontosauru
knuckles of the ichthyosaurus, Vertss
brae OF the camarasaurus. CHUNKS d
the barOSaurus, the Cetiosaurus, tho
brachiosaurus, the stegiosaurus. The
the orintholestes or bird-catching d.
nosaur-all entered into this wonder
full cabins foundations, making Il To
most curious and the most costly eib
flee, not excepting the Pennsylvania
capitol, In America.
This hut was built by 0 Mexican
sheep.herder, who had happened "
chance on the grandest extinct animal
bed in the world. This was 0 pa
of about so yards square wherein ~
In rich profusion the bones OF %
the animals Of the reptillan age Tm
heaviest and the lightest, the lafgssl
and the smallest, the most trahcul
and the most ferocious lay eide q
side.
: THE place was evidently once {
river bar, and the dead bodies tAn
fioated down the stream were he's
arrested, to lie for hundreds OF inof
sands of years till a sheephefoa
came along, and, roofing among "
bones as big as powders, set soOu
the building Of the worlds oussfm
cabin"
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25
BALM OF SCRIP7URI|
HEALING PROPERTIES Or 49,.
KNOWN TO AEcIENrs ~"
OIL Of the White Pine Ire. u,..~
cesstulIy by Physicians in ia s'
ing consumptive Ps.i.r,.

The Oil OF the Pine Tree -
posed to be the balm of Scrin,r' W
contains great medicinal mo-.
and was regarded with the me-.
esteem by the ancients, and n :
present day is peculiarly pr,,s,
the people Of the East, v
A noted authority on disease,
throat and lungs, who estabIi.s'!s
camp for consumptives IN tba y.
Woods of Maine, says that hi, .. sa
treatment consisted Of fresh -
nourishing food and the Pure W.
OIL OF the White Pine Trees, mi' ~,
with Whisky and Glycerlne in N. -
lowing proportions:
Virgin Oil of Pine tPure). I'm,
Glycerine .............ss
Good Whisky ......,, %
Used in teaspoonful doses eyery a..
hours. u
1t is claimed the above mi.tu,s :.
heal and strengthen the lungs b,..s
up a cold in twenty-four hours -.
cure any cough that is durable.
The ingredients can be secr,..
from any good prescription dmr,,s
at small cost, and can be easily min,
in your own home.
Virgin Oil of Pine (Pure) IS m, =,
only in half-ounCe walls for dispepsI,,
Each vial is securely sealed n .
round wooden case with epsra,.,
wrapper with the name-virgin NJ
of Pine (Pure), prepared only n
Leach Chemical Co., Cincinnati O..
plainly printed thereon. There a,
many rank limitations Of Virgin On
Of Pine (Pure), which are nut mn
under various names. such as On.
centrated Oil of Pine, Pine pa
sam, etc. Never accept these as
substitute for the Pure Virgin Oh d
Pine, as they will invariably produu
nausea and never effect the DESIRE
result.
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25
WHITE dread
Makes Trouble for People with WsA
Intestinal Digestion.

A lady In n Wis. town employees
physician who instructed her mol
eat white bread for two years ~
tells the details of her sickness ~
she certainly was a sick 'omau
I'm the year 1887 l gave out nv.
overwork, and until 1904 rem.ia..
an invalid in bed a great part "
time. Had different doctors pa. - ~.
ing seemed to help. j sunerea - 49,.
cerebro.spinal congestion, lema'0 -
bic and serious STOMACH anu -,
trouble. My husband caued 100
doctor and after having gone -
anv food for 10 days the doctor " J.
d da, IV Gran No. for me. could y
the 'r new food from the veD an
mouthful. The doctor Kep' u s,,,,s
Grape-Nuts and the ONLY :, n,
was a little grycerine 10 n'A
alimentary canal -. al
when was up again doc,o, ~
me to eat Grep Nuts twice uA n
no whi.a tsaa 4 'r two years d
well in gor ] .yne ;Tad have gam "a
strength . ] ca I'D my OWE
again. npth
"My hr.in bzg en- helped 70 - ~
and ! know tat Il Grapenu. 49,.
did this. too. P.nd ! nas .,sst
made III becaus ~ IS not iea NJ.
that Is | did NJ ofN erly digeM ~ s
bread and sor o.a'r food ] Nv
live on. 80, nnr<
II have ne q: beer witno. .,, Ssy.
Nauts food 81 Q at J eat !" 40 ,ou ne
You may pu 81 t'a Ie''o, -. ysrs
10 Il will + u someone els 81. crssL
given By 7tam ~ .Ths Bot
Mich. Ge' 10 III e ''oA'
to Wsllyi ID PIG"
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25
STORM STRIKES CHICAGO.
Interrupts Telegraph Service and
Ties Up Cars.

Chicago, lll.--The storm that has
been central in the southwest for
a number of days struck Chicago
Wednesday night, beginning with
sleet and turning later to snow and
rain. Telegraphic service south and
west Of Chicago was interrupted part
of the night
The sleet caused delays on the ele.
waited roads, but the surface lines ex.
perienced but little trouble because
Of the ice cutters on the trolley.
The heavens were lighted by brill.
liant flashes of electricity as trains on
the elevated roads struggled against
the sleet. A tnin coating Of Ice
formed over the third rail and the
flashes resulted. Only slow progress
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25

1t Is the turn of the girls to crow
In these "suffragette" days the very
Is used advisedly. Statistics of the
schools Of America and prize awards
OF the Royal Academy in London show
that in the three IRIS" and In art
girls beat the boys as students. Petit.
coated painters and modelers nearly
monopolize the honors of the Royal
academy schools this year, and, says
the New York Mail, statistics gath.
cred in various sections of the United
States by the bureau of education at
Washington showed that girls excelled
generally in ability as students, in
aesthetic taste and In color discrim.
ination.
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25
OUR ELIHU IN CANADA.
Stays Over Night with His Old Friend,
Lord Strathcona.

Montreal, Quebec. - Elihu Root,
United States secretary of state, &C.
companied by Mrs. anu Miss Root,
have arrived here on their way
to Ottawa. They were met at the sta
ton by Lord Strathcona, an old per-
sonal friend, and Capt. Newton, aide
de-camp to Lord Grey, governor gen.
eral Of Canada, and escorted to Lord
Strathcona's residence.
Asked IL 1t was likely that he would
discuss the settlement of interna.
tional questions with the governor gen.
eral while he was in Ottawa Mr.. Root
replied that good friends generally got
along better than strangers.
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25
Desperate Efforts to Save a Town.

Pittsburg, Penn.-Eight dynamite
blasts having failed to break the AL.
legheny river dam at Springdale.
where the current has already swept
away ten houses and several buildings
OF the Heidencamp mirror works. One
more attempt will be made today. and
II that fails diver will be employed
to undertake the hazardous task of
placing ton of dynamite directly I'm.
der the concrete wall of the dam
where its explosion will be effective.
Unless the stream is quickly diverted
by breaking the dam, enormous prop
erty losses will be sustained and the
town may be swept away. The value
of buildings and machinery already
destroyed Is placed at $4,000, while
ground has been dug out to a depth
of nearly 35 feet.
Dispatches received from West
Virginia points say tie Ohio river is
rising rapidly.
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25
Cuban Editor Ia Beaten,

Havana, Cuba.--As result. OF the
notorlety gained by the publication Of
his name In connection with the raid
on q cocknght here last Sunday. Col.
Mentiota, Liberal candidate for gov.
ernor In Santa Clara province, yester.
day attacked and badly thrashed
Senior Coronado, editor Of La Dis
cusione, Jose Miguel Gomsz's organ.
FL Rebelde, prints the story Of the at
tack on the editor, and says he 90.
served 1t. Jose Miguel Gomez was an
interested spectator at the cockflshi.
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25

BOILER ExPLoDEs, S DEAD.
Trainmen Lose Lives In Accident on
Reading.

Norristown, Pa.-The boiler of a
Philadelphia & Reading railroad
freight engine exploded at Bridge.
port, near here, Wednesday, and five
trainmen were killed. The dead are
Charles Stein, conductor; John Mob.
lock, fireman; Roy Scheder, brake.
man; Elmer Kane, brakeman, and an
unknown man in charge of a car of
livestock.
The rear portion of the boiler was
hurled about $50 yards while the
wheels of the engine remained on the
track. Scheder received the full force
OF the explosion and was torn to
pieces.
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25
JOHN r. WALSH INDICTED.
Banker and Promoter "TaIked About"
by the Grand Jury.

Chicago, lll.-John R. Walsh, for
mer president of the Chicago Ma.
tional bank, which was closed by the
federal authorities Dec. 16, 1905, has
been indicted by the federal grand
jury on the charge of misapplying the
banks funds. The indictment con-
tains 1872 counts, based upon 90 trans
actions in memorandum" notes, which
the government officials declare to
be fraudulent, upon 13 sales OF bonds
to the bank, it being claimed that
these bonds were unmarketable and
Of doubtful value, and upon 81 pay
ments of money derived from these
transactions.
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25
Chinese EATING Children.

Victoria. B. C.-Further advices
received from Shanghai tell of in
creasing horrors or the great fam.
inc In Central China A correspond
ent OF the Echo de Chine says that
in two districts, Sinchow and Paichow,
starving people are eating their chill.
dren.
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25
DYER Denies Theft.

st. Louis, Mo.-David P. Dyer, Jr.,
in trial in the United States dis.
trict court On charge of embezzling
$751; 500 from the subtreasury, took
the witness stand In his own behalf
Thursday morning. He denied abso.
lutely that he had, between August
Is and October 5 last, or a. any other
time, taken, appropriated or converted
to his own use any sum of money be-
longing to the United States.
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25
TAXATION IN MISSOURI,
Governor Would End State Tax on
Real and Personal.

Jefferson City, Mo.-Governor Folk
sent to the legislature a special
message urging reforms in taxation
in Missouri, and at the same time
submitted the report made by the com.
mittee appointed by him to investi.
gate needed changes in the revenue
system.
The governor, IN accordance with
the report, recommends the abolition
OF all state taxation on real and per-
sonal property, leaving such taxation
to counties and cities, and that the
state derive all its revenue from II.
censes, corporation taxes anu inspec.
ton fees.
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25
Negroes lndorse Roosev.,+

Baton Rouge, La,-Speaking for
the $4,000 negroes, who comprise
Its membership, the grand coun
Gil OF the National, Industrial Asso.
citation of America adopted a resolu.
ton indorsing President Rooseve,t,s
action in dismissing the negro soldiers
at Brownsville.
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25
The BANK OF ENGLAND
REDUCES THE RATE OF DISCOUNT
BELOW 6 PER CENT.
FEARS WALL STREETS WAYS
Regarded In New York as Necessary
to Conserve the Volume
of Its Business.

London, England.--The Bank of
England has reduced its discount rate
below 6 per cent, where it has been
held for weeks. There are fears that
this will result in active liquidation
In Wall street. The rate has been
held high for fear that America would
resume the importation Of gold, and
was not advanced beyond 6 per cent
on agreement that Wall street oper-
ators would not import gold, in which
the bank stood so much in need. Dur
ing the last few weeks large amounts
of gold have been secured from the
Bank Of France, which must soon be
returned.
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25
Gave Gotch a Hard Match,

Minneapolis, Minn.-Frank Gotch,
Of Iowa. still retains the cham
pionship wrestling title of America,
though Fred Beell, of Wisconsin, gave
him hard match here. Beell stayed
the limit, Is minutes, and Gotch for.
feited $500 and a big side bet. Twice
Beell got Gotch to the floor. Gotch
threw Bell twice to the mat, but
failed to hold him.
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25
PRINCESS HURT BY AUTO.
Lubormlrska's Car Goes Into Ravine
In France.

Paris. France.-While touring be.
tween Gagnes and Antilles last night
the automobile Of Princess Lubormirs.
ka, who belongs to an ancient Polish
family, with residence In Galicia, Pc,
land, and Paris, went into a ravine.
The princess Is said to have suffered
injury. One report says she was NOR.
tally injured, and another that her In.
5uries are not serious.
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25

Roy Knabenshue is going to try to
reach the north pole In a balloon,
starting from Toledo. This looks like
q reasonable idea. Still 1t would be
better If the start were made from
New Orleans. North pole discovering
will yet be made to include all of the
comforts of home, with stop-over priv.
ileges in Florida, California and sa.
mna
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25
-
KILLS SELF OVER LETTER.
Girl Takes Poison When Mother Asks
Notes Contents.

Milwaukee, Wis.-~.-uause she had
been questioned BY her mother
as to the contents of a letter pur.
porting to be from a young man,
Emma Jentzen, IA years old, commit,
ted suicide by taking carbolic acid.
while Mrs. Jentzen was down town
lodging complaint against the sup.
posed young man. who signed him.
self Charles La NJ. A."
The police referred the mother to
the district attorney, who sent her to
the postal inspector. 1t is said the
letter may have been sent by a girl
rival
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25

Half of the town of africa, Chile,
was destroyed by earthquake. Posi-
bly, the other half of the city had put
up signs reading, Earthquakes must
keep off the grass" or something or
the sort,
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25
Held up by Bitter Fss,Ino.

Washington, D. C.-The bitter feel.
ing provoked by the controversy
between Senators Spooner and Till.
man makes 1t impossible to say when
vote can be had on the Brownsville
resolution. It is expected the debate
wiil not be extended.
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25

Newfoundland is a land of lakes. So
numerous are they that it Is estimated
they cover about one-third of the total
area Of the island There are 6S7
named lakes, and 10000 known ones
without names. The island has about
1000 miles of sea coast.
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25

Man is a plain necessity" says a
woman writer. Yes. plain, but he
needn't be so plain" if he spent as
large a proportion Of his earnings in
fixing up as most women do.
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25

It it not so much bis old debts that
bother Count BOni-the GouIds may
take care of them-but the deuce of
It is he finds it so hard to make any
new ones.
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25

Why should that Atlantic City girl
break her mothers ribs by hugging
her, asks the New York Herald, when
there are hundreds of stern, strong
men willing to run the risk?
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25

Amid all our unparalleled prosper
ity it comes with a good deal of a
shock, exclaims the indianapolis News,
to learn that the minis of the country
didn't make much money last year.
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25

Three notebooks which formerly be.
longed to Shelley, the poet, containing
autograph manuscript, considerable
portion of which has not been pub.
lished, were sold in London several
days ago for $4,000.
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25

If food prices continue to soar, how,
asks the New York Herald, will the
men who tell us "how to be happy
and healthful on 10 cents day." make
q living?
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25
Opposes a Channel Tunnel.

London-War Secretary Haldane
has announced his dissent from the
scheme to construct o tunnel under
cid British channel to connect EAg-
land and France.
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25

"a road without a speed limit Is
the motorists dream" says William X
Vanderbilt, Jr. 1t may be dream
to the motorist, says the Philadelphia
North American, but to the rest of US
1t Is stern reality.
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25

y Football is described by Andrew Car.
negie as a "groveling in the mud"
Unfortunately, says the New York
American, a man will have to seek
his exercise on the ground until he
learns to fly.
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25

Prince Eitel Frederik, the Gerrkan
emperor's second son. while at cox
Iege, performed the difficult feat OF
swimming across the Rhine at Bonn,
where the river 10 very broad, swift
and full OF dangerous eddies.
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25

During the first six months Of 1906
the number Of emigrants from Italy
was 45S,61S, more than half of whom
went to transatlantic countries. This
drain upon the population consldera.
bly, exceeds the natural increase,
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25
Old kearsarse Enoinser Dead

Syracuse. N. Y.-Burdett C. Cow.
ing, chief engineer of the Kear.
sarge at the time 1t was wrecked
In 1894. Is dead at Tully, N. Y, his
birthplace, aged 6S. He had been on
the retired list since 1895.
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25
New Iiss for Roentaen Ray.

An ingenious II not novel use %
been found for the kind Of radiance
discovered by Roentgen. With ih "
a photograph has been taken SHOWING
the machinery of an automobile. WIN
out .. removing the hood which '''s'
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25

They are to dig canal from Massa'
chusetts bay to the Atlantic ocean.
Boston should protest. 1t will give the
Spanish fleet a route for flank move
ment.
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25

Professor A. Adami says that man
is made largely of soap. This ex'
plains, says the Bay City Tribune, the
assertion made so often by philoso-
piers that life is a bubble.
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25

Boni de Castellane says his "matri.
monial ENHANCEMENT" has not lost
him a single friend. OF course, sug-
gests the New York American, to lose
anything one must first have had it.
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25
Former Mayor Marshran Dead.

Kansas City, Mo.-Robert L. Marsh.
man, a former mayor of Kan
sas City, Kas., died at his home In
that city of complication OF dis.
eases, aged So.
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25
For a killinu,

Decatur. ALA jury gave Way.
nand Moore, who was charged with
she killing OF Policeman ]. Lem
Jones. on Nov. "a. rs years In the
state Denitentiary
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25

A man recently died in Germany
who knew 50 languages. There is
some doubt that he could outtalk his
wife at that.
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25

New York now claims to have more
than 1000 millionaires. We might
add, says the Chicago ReCord-Herald,
that few of them grew up in New
York.
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25

William J. Rolfe, the veteran Shake.
speare authority, celebrated his seven.
ty-ninth birthday at his quiet home In
Cambridge, Mass, recently. Even at
his advanced age he Is still busy with,
his pen, turning of quantity of work,
which would exhaust many younge.
man-and this without the aid of sec.
rotary or amanuensis.
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25

On the anniversary in England Of
Parnell's death, his followers wear a
sprig Of Ivy.
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1907-01-25
How It Is Viewed in New York.

New York, N. Y.-The reduction
in the Bank of England rate of dis
count was a decisive mark of the re.
'axed tension of the worlds money
markets. Tie weekly statement Of
the Bank Of England showed clearly
that the action OF the governo;s had
become necessary to conserve l-e vol
ume of business which is a main OBJ.
ject of the existence of the bank. The
Bank of France and the Imperial
Bank of Germany also showed the re.
tiux movement of cash into bank re-
serves. In this mark the rate for
time loans for all periods yielded to
below 6 per cent for the first time
since the recent stringency prevailed.