davidaulloa/AmericanStories huggingface dataset:
The Garland globe. [volume] (Garland, Utah) 1906-191?, 1907-11-09
PROPOSES CREDIT
!. FOR THE BANKS
Congressman Fowler Of New Jersey
Would Increase the Powers Of
National Institutions.
Makes Declaration That Permanent
Relief From the Present Monetary
stringency Can Only Be Had
Through a System Of
Credit Currency. e.

New York.-That permanent relief
from the present monetary stringency
can only be had through system OF
credit currency adequate to meet the
requirements of trade and redeemable
in gold coin is the opinion expressed
by Representative Charles Fowler OF
New Jersey, chairman OF the banking
and currency committee, which VIII,
ut the coming session of congress, en-
deavor to- have law passed providing
for credit currency issued by the ma
tional banks Until such permanent
relief Is made possible by legislative
enactment, Mr.. Fowler asserted, the
situation must be met by the issuance
of clearing house certificates, cash
iers' checks and due bills of business
houses and manufacturers.
The underlying business condi-
tions," he declares, are essentially
sound as evidenced by the increased
earnings of railroads and the fact that
the value of our agricultural products
are $500 900, 900 more than last year
(which was the highest year in our
history, and are bringing to our peo
pie about $7,0OO,OOO, 900, but public
confidence has been greatly shaken
and credit seriously affected There
fore, every patriotic citizen from the
president down should do all in his
power to restore that confidence which
is essential to national prosperity.
"The cause of the currency strin.
gency is that there is scattered broad.
cast throughout the country at the
minis. in the wheat, corn and cotton
fields. In the pockets of the people, or
locked up, about $1,000, 100000 of the
reserve money of the United States,
most Of which, under a proper condi-
ton, would be In the banks, serving as
reserve. Temporary relief will be
through the, forced use of current
credit in the form of clearing house
certificates. cashiers checks and due
bills of business houses and manufac-
turers during the ninety days. The
permanent cure must come through a
system of credit currency expanding
and contracting with the ordinary de-
mands of the smaller trade, precisely
as checks and drafts do in the broader
field of commerce"
The Garland globe. [volume] (Garland, Utah) 1906-191?, 1907-11-09
EXTRA SESSION Of CONGRESS
URGED BY FINANCIAL LEADERS
Request for Extra Session Comes
From the Conservative Leaders in
the Financial World.

Washlngton.-It Is learned from I'M
doubted sources that President Roose-
welt is now being urged to call an ex.
ira session of congress to deal with
the financial situation. The request
comes from and represents the judg-
ment of the conservative leaders IN
the financial world, who have repre-
scented the present situation as one
compelling action of a character that
will eradicate all grounds for sus-
picion of American Industrial meth
DDS.
The president has been assured
from most reliable sources that there
will be no opposition on the part OF
the great industries of the country to
the enactment of the necessary laws
to carry out his ideas of Federal con.
troll to the extent to which he has ex-
pounded them in the recent public ut
terances. These assurances are made
at this time to avert what has been
represented as the most dangerous
situation which has confronted the
country during an extended historic
period-that is, the seeming growing
lack of confidence based on known ir-
regularities in business methods in
some quarters and no sure and speedy
means of separating the good from the
unsound. tr
TO this end It is suggested that the.
president get congress to the task,
first, of making amendments to the
financial laws as will result in the
maximum of fexibility with the mini
mum of basic change in our system.
Next, and perhaps most in Importance,
that the president embody his sugges-
lions on corporation control into sue
cinct. recommendation for enactment
into law
The Garland globe. [volume] (Garland, Utah) 1906-191?, 1907-11-09
MONEY IS NOW FLOWING
q BACK into THE BANKS
Runs on Treasure Vaults Have Practi.
calIy Ceased and Only Troublesome
Feature is Tendency Toward
.f Blockade Of Domestic
Exchange.

New York.--Runs on the banks and
trust companies are practically over;
money, which was temporarily with.
drawn from banks subject to runs, Is
flowing to the stronger banks and cur.
rency Is being provided in most cases
where the demand for 1t Is considered
legitimate. Further engagements Of
gold by Boston and other points have
brought up the total engagements
abroad under the recent movement to
$26, $4,000.
Balances with the clearing house
have settled down to a normal condi-
ton. but there is still something of
blockade of domestic exchange
through the unwillingness of New
York banks to pay currency on drafts
from other cities and the unwilling
ness of other cities to pay out their
currency upon drafts from New York.
The condition of affairs indicates a
continued pressure for currency rather
than breakdown of credits, but rea.
sonable demands are being met for
regular customers of the banks. The
possibility of Fastening the export
movement of wheat and cotton still
engages the attention of foreign ex.
change dealers, and also of those who
endeavor to keep in touch with the
general situation.
Doubt is expressed whether the Sec
rotary of the treasury will be able to
carry out on any considerable scale
the project of the New Orleans export.
ers for accepting cash at government
fiscal agencies abroad and transfer
ring it by telegraph to points in this
country, but Secretary Cortelyou is
said to be willing to make such depos-
its of public money at cotton export
ing points as will to considerable ex'
tent relieve the strain.
The Garland globe. [volume] (Garland, Utah) 1906-191?, 1907-11-09
INDIAN BATTLE IN
! SOUTHERN UTAH
Three Red Men Killed in Encounter
With Soldiers Who Had Gone
to Make an Arrest.
Disturbances Caused by Disinclination
Of Navajos to Observe Regulations,
Their Actions Becoming 30
r,s Offensive That Soldiers F.tf
o. rt Were Sent For. on.

Washington.-In a battle between
United States troops and Indians
which occurred in southern Utah,
three persons were killed, and another
wounded, all said to have been In.
dians. The news of the occurrence
was conveyed to the Indian bureau in
a telegram from Superintendent Shell.
ton, and was dated October 30. ..
The army command consisted of four
officers, seventy-iour men and three
Indian scouts. TJe telegram to the
Indian bureau, which was dated at
Ship Rock, N. NJ, follows
The troops have returned from
southern Utah. they arrested Bylillie
and nine other Indians. Three others
were killed and one wounded while
shooting at the Indians. The Indians
arc quiet, and I don't anticipate fur
thCr trouble"
The Off cials of the Indian bureau
assume that the killed and wounded
are Indians. SAY
The Indians arrested are part of a
band of NavaiCs from New Mexico
and eastern Arizona. A number of
Indians under the leadership of By
lille have been creating disturbance
because of their disinclination to OBJ
serve regulations. So offensive became
their actions that Superintendent
Shelton made a request that soldiers
be sent to the reservation and troops
! and X of the Fifth cavalry, under
Captain Willard. were dispatched from
Fort Wingate, N. NJ, to Arnetta, Utah,
the END inst. It was not intended at
the time that their presence should
mean any more than demonstration
with a view of quieting effect
The Garland globe. [volume] (Garland, Utah) 1906-191?, 1907-11-09
MUST WORK OR sTARvE.
Government Will Not Furnish Food
for Ute Indians OF Cheyenne
River Agency.


Washington.-As result of the
conference at the White House be-
tween the president. Secretary Gar
field of the interior. Assistant Secre-
tary Oliver of the war department and
Commissioner of Indian Agencies
Leupp regarding the renegade Ute In
dams on the Cheyenne River reserva-
ton in North Dakota, a decision was
reached to continue the policy OF fur.
nishing the Indians with work, and, in
case of their failure to take advantage
of the opportunity, TO leave them to
their own resources.
Troops will be kept there for police
protection. The government says
Utes may have work II they desire IT,
but that II they make no effort in their
own behalf the government will not
assist them. The Indians have been
paid the annual allowance of SIS per
capita from their own fund and II is
understood that this is practically en-
hausted. These Indians are the same
band who have been making trouble
for the whites for the past forty or
fifty years. ......,r
The Garland globe. [volume] (Garland, Utah) 1906-191?, 1907-11-09
TROUBLES OF SHIPPERS.
Can't Get Cars Enough to Move Their
Grain.

New York.-Following the recent
protest of the western grain shippers
that 1t is impossible for them to get
the trunk line shippers to move con-
signments of grain from Buffalo to
New York and that in refusing to en-
ter into contract for these export
shipments the results were greatly
hindering the grain export trade, 1t is
learned that the New York Central,
the Lacakawana and the Erie have
temporarily discontinued the making
of contracts on grain shipments.
The cutting of of contracts on fu-
ture shipments was due to the purely
physical condition of car shortage. 1t
is believed that the roads will all be
able alike to relieve the congestion in
a few days and resume the acceptance
of contracts.
The Garland globe. [volume] (Garland, Utah) 1906-191?, 1907-11-09
BRYAN Is OPTIMISTIC.
Nebraskan Does Not Look for Pro
Ionqed Trouble In Business World.

Omaha.-William j. Bryan. in
Omaha, ON Friday, gave out the fol.
lowing interview on the business and
financial conditions:
II do not look for any prolonged
trouble In the business world. Condi-
lions which made panic and depres-
sion in 1898 are entirely different
now. Then prices were falling because
of a restricted money supply. Now
we are in the midst of tremendous
gold production which gives an abund-
ant money supply and maintains
prices so that business is brisk"
"Then you do not think the present
bank trouble shows the need or an
emergency or asset currency?
Not by any means. On the other
hand, | think 1t Is a strong argument
against an asset currency. Suppose,
for instance, we had been issuing as
set currency during the past year and
In addition to the present trouble the
people had distrust about the money?
That would make matters SO much the
worse. AS 1t is now, there Is no
doubt about the quality OF our
money"
The Garland globe. [volume] (Garland, Utah) 1906-191?, 1907-11-09
BUILDING Up A
CREDIT BALANCE.
Products Of the Farm Will Bring
the Cash That is Needed to
Restore Confidence. rsg
Intrinsic Value Of American Staples %
Beyond the Reach Of Financial
"l DISTRICT, and General I'M
brovement In Finances 10
Bound to Come.

New York.-The enormous IN
auence which American products are
exerting in building up credlt oai.
ance abroad has been the most slgnai
development of the financial situauoh
this week. Reports from all quarters
show that the great American staples
wheat, cotton, copper, TOBACCO oh'
meats-are on their way to EUROPE
this being the season OF the year
wnen American products are Market
ed abroad. The immediate enect vi
these shipments is to give the uhited
States credit abroad, which can pc
speedily converted into cash. lhese
natural resources of the country
promise to exert even greater inhu-
ence than the sale of American Sc
curities abroad The latter nave 10
some extent suffered discredit under
recent pressure, but the intrinsic
value of American staples useo
abroad, and their colossal aggregate
at this period of the year, is beyond
the reach of financial dstIust.
Runs upon the banks of the coun'
try are prdCllCdlly oNSA' N
who present large checks and ask Tor
their payment in currency are invited
to consult the bank officials. In cases
where their need for currency Is EVIL
IDENTIFY Legitimate they usually receive
Il; In cases where 1t is sought LOT
boarding, they are usually convinced
that money is better off in the bapk
or that they should accept certiheo
checks for deposit elsewhere.
Comparative calm reigns amona
New York bankers. They all realize
that the pressure for money is not
over, but they feel generally that un-
reasoning panic is at an end and they
will be able to meet all reasonabie
demands for currency. These de-
mands are coming in considerable
amounts from the west and south in
order to obtain money to move crops,
and It Is feared that the sections
where the movement is largest may
be more or less hampered in their eff
forts to obtain funds. The general re-
fusal to pay cash for boarding, In the
west and south as well as In New
York. It is believed, will prevent the
undue absorption of currency and per-
nit the employment of what is avail
able in the most effective manner
The Garland globe. [volume] (Garland, Utah) 1906-191?, 1907-11-09
Cuttinu Miners WAGES.

Seattle, Wash.-Grank Forks, b. c.,
miners and smelter employees of the
CRANKY Smelter company will have
their wages cut 80 cents n day. Word
has been received from New York to
this effect. This will affect all the
miners, in the Phoenix camp, as the
British Columbia Copper company and
the Dominion Copper company will
make a similar cut, The Grand Forks
labor union will decide as to whether
the men will accept the reduction or
go on strike. Much uneasiness is felt
over the situation.
The Garland globe. [volume] (Garland, Utah) 1906-191?, 1907-11-09
Butte Banks Are All Right.

Butte, Mont--With the single ex'
ception of the State Savings bank,
which probably will be reopened short
ly, Butte banks are transacting bust
ness as usual, They are cashing
checks as presented and have not cur
tailed depositors any way. The banks
are in excellent financial shape and
their managers say they will not be
compelled TO resort to methods now
being employed elsewhere because OF
currency shortage. Deposits are In
creasing and there are no unusual
demands on the banks here.
The Garland globe. [volume] (Garland, Utah) 1906-191?, 1907-11-09
Failure to Protect Birds.

New York.--Because of the decrease
In birds, the United States is losing
yearly sum larger than the capital.
ization OF all the national banks IN
the country, was the statement made
by President William butcher of the
National Association of the Audubon
societies on Thursday. The public,
declared Mr.. butcher. placidly allows
agricultural crops valued at 100000.
900 to be annually destroyed by in.
sects, which destruction is entirely
due to the rapid decrease in the mum,
bar OF Notwithstanding birds.
The Garland globe. [volume] (Garland, Utah) 1906-191?, 1907-11-09
Wealthy Man Dies Of Starvation.

Jamestown, N. Starvation, ca
posture and exhaustion caused the
death OF John Mooney, wealthy land
owner OF Stuttsman county In his
clothing when he was found dead on
the side of an unfrequented road were
SIS 900 In certificates of bank depos.
its. The body was poorly clad, the
coat and oyeIcoat being threadbare.
Mooney spent last winter, says the
dispatch. In a room over a store. and
boosted that his food cost him less
than ten cents day. He was about
sixty-fye years of age.
The Garland globe. [volume] (Garland, Utah) 1906-191?, 1907-11-09
Morgan Has a Chat With Some Of the
Leading Financiers.

New York;. Pierpont Morgan
was in conference several hours Sat
urday with groups OF bankers in the
picture gallery of his Madison avenue
home. In all he saw about fifteen
financiers.
The condition of the banks as re-
vealed by the bank statement was said
to be the primary cause of tbe con-
ference, though the shortage of cur
rency and other matters were dis
cussed
1t was reported that the advisability
of asking President Roosevelt to car
a special session of congress to deal
with the needs of the financial situa-
ton was also discussed, but as moth
ing was given out by those In attend
ance, this can only be classed as a
surmise
The Garland globe. [volume] (Garland, Utah) 1906-191?, 1907-11-09
Admiral Evans Guest of Honor.

New York.-Admiral Robley ID.
Evans, who is soon to depart in COM
mand of the battleship squadron for
the Pacific, was the guest of honor at
notable dinner given Saturday
night at the Lotus club, A large
number of Distinguished guests par
tieipated In the greeting to the ad'
miral, and the speakers included, be-
sides the guest OF honor, Bishop Pot
ter. Senator Chamcey Depew, eN'
Secretary of the Treasury Shaw, Seth
Low, Admiral Coughlin and Nicholas
Murray Butler, president OF Columbia
university. aH.-gf r..
The Garland globe. [volume] (Garland, Utah) 1906-191?, 1907-11-09
WRECKED SAILORS VICTIMS
Of WILD MAN-tATERS
Crew OF Forty That Started for Phil
lppines Probably Captured by Can
nibals Of Terra Del Fuego.

Chicago.--A special TO the Record
Herald from New York says: Eaten
by cannibals was probably the fate of
the crew of forty sailors that took the
big sailing ship Arthur s. Sewell out
of Philadelphia April on the start Of
Philippines.
Word has Just been received at the
maritime exchange that the vessel was
wrecked near Terra del Fuego, and
all signs point to the survivors having
been captured by the cannibals that
infest the islands in that vicinity. The
news of the wreck and the almost GER
tain fate of the crew came from the
sealing steamer Fridthjkof Since the
Arthur s. Sewell sailed, not one word
was received regarding her until a
letter came on Thursday from the Nor
wegian sealer
The Sewell's first stopping point
was to have been Seattle. The Frid-
thjkof reports that on August 20,
while cruising near the southeast
headland of Noir island half way be-
tween Capre Pillar and Cape Horn.
the lookout reported a derelict ahead.
The derelict proved to be four-mast-
ed square-rigged ship that in every
way answered the description of the
Sewell. As the wreck was evidently
very recent, the Frldthjkof's captain
made an investigation. In the hope
of discovering some Of the possible
survivors. On the shore of .Noir
island landing party from the Nor
wegian vessel discovered traces prov
ing that considerable party from the
wreck had made It's way to that land.
The trail led away from the beach.
The sailors from the Fridthjkof fol-
lowed the trail as far as they could
make It out, but finally abandoned the
search, owing to the danger from the
cannibals in that inhabt the island.
The natives on the islands in that part
of the sea are cannibals OF the fiercest
kind. and shipwrecked sailors could
have little hope of escaping from
them.
The Garland globe. [volume] (Garland, Utah) 1906-191?, 1907-11-09
VIII Build Airships.

New York.--The incorporation OF
another airship company is reported
I'm New Jersey. Hyman Lazerus, VII
linn Shahiro and Julius w. De
Uhrocz, the last named titled Aus
TRAN with bent toward invention,
have incorporated the Bayonne Aerial
Navigation company, Bayonne Is a
suburb of New York City. The com
pany is capitalized at 100000 and viii
BEGIN turning out alrships next Feb.
rulry. possibly In or near. Bayonne,
it plans carry. Mr.. De Uhrocz is the
inventor OF the machine. .,FTfCT
The Garland globe. [volume] (Garland, Utah) 1906-191?, 1907-11-09
Missouri FavOrs Prohibition.

Kansas Clty.--Seven counties and
towns in Missouri are about to vote
on local option, as follows: November
Z, Nevada, in Vernon county; Novem'
Der 3, Moyette county; November 3,
Pulaski county; November II. Aurora,
awrence county; November ~, Da'
vies county; November lG, Caldwell
county; November %, Jackson county
Outside of Kansa City and lndepend'
ence, fifty-one of the ia counties in
the state have already. voted and are
dry" About twenty-five copn"es
cities and towns are to hold elections
before December 81.
The Garland globe. [volume] (Garland, Utah) 1906-191?, 1907-11-09
LIKE COLONIAL TIMES.
Everything Closed In Kansas City
Except the Theatres. n.

Kansas City--Never before in the his
tory of this city was Sunday so strict.
ly observed by the business interests
as 1t was on November ). All the
merchants who have heretofore deied
the attempts of Criminal Judge Will
liam II. Wallace to enforce the state
law forbidding unnecessary labor on
Sunday, obeyed the Sunday closing
order. The theatres, however, We're
open as usual, as they are protected
by Injunction proceedings pending in
the federal court.
The decision of the merchants to
obey the law was brought about by
the Wholesale arrests during the pre-
vious twenty-four hours of those per-
sons who were indicted by the grand
jury for refusing to comply with the
law during the two previous Sundays.
The persons arrested were placed IN
der bonds ranging from 5000 to $1,000
each
The Garland globe. [volume] (Garland, Utah) 1906-191?, 1907-11-09
Bio Conspiracy Uncovered.

Chicago.-Government officials be-
lieve that in the arrest of Miss Eta
Mclean, the stenographer, and Alex
ander b. Gordee, printer, they have
uncovered a conspiracy to steal thu
governments information in the case
of John r. w. Walsh, the former pre-
ident OF the Chicago National bank
ander Indictment for alleged mlsap
psopriation OF the funds OF the ban
Mr.. Walsh's attorney said that Gorde,
had offered to sell to him importan
information, but that he declined tn
offer.
The Garland globe. [volume] (Garland, Utah) 1906-191?, 1907-11-09
Spanish King and Queen In London.

London.-The king and queen OF
Spain arrived in London Tuesday
aight. It was raining hard, but in
spite of re depressing weather, their
majesties We're met at the station by
members of the English royal family
and the Spanish ambassador to Great
Britain, Senior villa Urrutla. The Wis
itors drove, at once to Kensington pal
ace, where they will reside until next
Monday. They will then visit King
Edward and Queen Alexandria at
Sandringham. The London populace
displayed the greatest interest in the
royal couple.
The Garland globe. [volume] (Garland, Utah) 1906-191?, 1907-11-09
Three States to Cooperate In Settling
Rate Question.

Atlanta, Ga.--Thorough co-opera-
ton in methods to be pursued in the
enforcement of laws regulating rail
road passenger fares in the states OF
Georgia, Alabama and North Carolina,
was agreed upon Friday at a confer
ence held In this city by the governors
of those states. After discussion,
which began at $50 Friday morning,
and which lasted until late in the
afternoon, with a brief interval for
luncheon, the three chief executives
reached an agreement and the meet
ing was adjournd aN
The Garland globe. [volume] (Garland, Utah) 1906-191?, 1907-11-09
Victims Blown to Pieces.

Portland. ore.--A special dispatch
to the Oregonian, received from Lyle,
Wash, says that seven men We're
blown to pieces Friday at IA construc'
ton camp on the Portland & Seattle
railway near Lyle. The dead are:
Hjar Ericsen, Christ Peterson and
five Hindus, All were laborers on the
North Bank road There is no living
witness to the accident. II Is pre-
sumed that one of the untortunates
drove his pick into missed hole OF a
mine that had been planted there last
summer by another construction gang.
The Garland globe. [volume] (Garland, Utah) 1906-191?, 1907-11-09
Poisoned by Canned cOrned Beef.

Los Angeles.-Five employees OF
the Berlin dye works are seriously III
from ptomaine poisoning frors eating
corned beef for luncheon Tuesday.
Five others are also suffering from
the poison, but are not dangerously
III. Those most seriously affected are
William Starr, shipping clerk; ]. u.
Cottle, engineer; Vincent Rice, night
Waterman; Thomas +, Gray, head dry
cleaner. and Miss Ida Hurley, iinisher.
The food was purchased at nearby
grocery store, and came from ono of
the large packing houses. ~.
The Garland globe. [volume] (Garland, Utah) 1906-191?, 1907-11-09
THOUSANDS BURIED ALIVE.
Turkish Village Completely Destroyed
by Great Landslide.

Tashkend Russian Turkistan. The
little town Of Karatagh, in the Hussar
district of Bokhara, has been over.
whelmed and completely destroyed by
landslide that followed the earth
quake of October 81. According to
the latest reports of the disaster a
majority of the Inhabitants of Kara.
tagh lost their lives The first reports
of the casualties were exaggerated,
the death list being placed as high as
$4,000 Karatagh has about $500
jewellers, and there is reason to be-
lieve that about 1900 were buried
alive. Among those who survived the
disaster are the governor of Karatagh
and his mother .. ....