davidaulloa/AmericanStories huggingface dataset:
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1907-03-25
WATSON SPOKE AT PERU.
"Whip" Delivers Address on THE Ma.
tionaI and Individual Ideals"
Before Y. M. c. A.

Peru. Ind. March Congressman
James E Watson. of Rushville. Sun
day afternoon at the Webb theater. in
this city. addressed 200 men under
the auspices of the Young Mems Chris
tan Association. His subject was
1.-The National and Individual Ideals.
Namely the Fatherhood of God and the
Brotherhood of Man"
The address was a forceful one. and
was thoroughly enjoyed. While in Pc
ru Congressman Watson was entertain
ed by Postmaster Hood Pratt Loveland
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1907-03-25
WATSON AND ROOSEVELT.
Sixth District Representative is Init
mate With the Nations
Chief Executive.
Washington Specially

'sWhip' Watson, by virtue of his du-
ties as Uncle Joe Cannon's scout and
general rounder-up of members of the
House, has been brought into intimate
and confidential relations with the
President. In the fight for railroad
rate legislation and other administra-
ton measures they were cheek by
jowl and many were the conferences
that took place between them at the
White House. The President is no
mean generalissimo and many of the
suggestions that he gave the whip
as to how to line up certain members
were clever indeed. Otter the presi-
dent sent for Watson at unseemly
hours of day and night to learn how
the battle was going
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1907-03-25
Keep
Your Nerve

1t is nerve energy that runs
the. organs of your body. The
storage battery is the nerve
cells in the brain and spinal
cord, and from this battery
nerve force is sent out through
the system of nerves. To keep
the body healthy you must
have plenty of nerve force; If
you have not, the organs work
imperfectly, the circulation IS
sluggish, digestion bad, appe-
tite poor, kidneys inactive, and
aches, pains and misery are
the penalty.
You can keep the system
strong with DR.. Miles Nervine.
1t assists in generating nerve
energy; II strengthens the
nerves and makes the whole
system strong and vigorous.
II take pleasure in recommending
DR.. Miles Nervine to those suffering
from nervous 1 prostra,fon, insomnia
nna snnerine from sbore dIssa5es
] tried this medicine and found iInme-
date relief. 1t Soothes and strength
ems the nerves. chases away the
gloomy and depressing thoughts and
gives the sufferer renewed strength
end hope. It is q superb nerve, re-
storer.
JUDGE JACOB SEEMANN.
Madison. Wisconsin
Or. Miles Heart Cure Is sold BY
your druggist, who viii guarantee that
the first bottle will benefit. If it fails
he will refund your money.
Miles Medical Co., Elkhart, Ind
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1907-03-25

II is probable that Ex-senator Bur
tons bitter attack on President
Roosevelt and other government Off
Gals will fall flat. Roosevelt has
been in public life ever since he came
of age and it would be remarkable in
deed il it were left for Burton to make
discoveries regarding the president
that have escaped the eyes of all 9TH
ers Burton's attitude is based upon
spirit of revenge for wrongs, doubt
less fancied, that makes a poor foun-
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1907-03-25
Ef Papa Was a Dolly.

edmund Vance Cook in Success
Magazine')
Eff my papa was a dolly. tell you what,
He'd have lots of things that he ain t
got.
Cause I'd so down and buy a sled
En- a trumpet en- a dolly's bed
En- give 'em to him. Bet l would,
Eff my papa was dolly, en- l could.
Course, eff he was just a dolly. he
Couldn't use 'em, en- would give 'em
back to me.
Eff my papa was dolly, I'd just buy
The sweetest cake for him at ever I
Could find, en- I'd put jelly on it, too,
En- jam, wifi sugar on to git soaked
through
En- taste nice. En- I'd take n slop
Some honey en- m'lasses on the top,
Wifi heaps of frostin' on to make it
sweet,
En- then my pa en- me would eat en-
En- eat. Course, though, if papa'd be
my doll, he'd give his part to me.
Eff my papa was a dolly sure, I'd dress
Him in a yallo hat-er pink guess
Wifi green slippers en- red stockin's.
so he'd look
Like the pitchers in my Giant Book.
But eff he was dolly, don't s'pose
He'd care much eff he had such pretty
clo'eS
Err didn't. En- then mebby-mebbv eff
lie didn't, Id just wear 'em my own
se'f.
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1907-03-25
The GentIemanIy Prize.Fioht.r

Cartoonists have made us familiar
with the pugilist as type. We know
the thick neck, the granite jaw. the
conieal head with ears far back. and
the face of q simian. As a matter of
fact, no real fighter ever looked like
that. Indeed. in its entirety the pop
ular idea of a prize-fishter is enron
eous. The priZe-fghter belongs to a
distinguished and gentlemanly cult.
He is rather Incorporating person.
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1907-03-25
THE LATEST SCHOOL LAWS.
They Will Be Considered by the State
Board, Wednesday.

Indianapolis, March 25-A commit
tee from the State Board of Education
met in the office of Fassett A. Cotton.
State Superintendent of Public In
struction, and discussed the bill in
creasing teachers salaries and quail
fications and the bill to provide for
the eertification of normal school
courses. The committee will report to
the board at its meeting next Wednes-
day. ~.snA.
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1907-03-25

Arbor day comes next month. 1t
would be well for the people of Rich
observance more general than ever be-
FORE Planting of trees is a real pub
lie service and one that Will cause fu-
ture generations to rise up and call us
blessed.
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1907-03-25

Would the traction companies be
satisfied with Main street as a route
for hauling their unsightly freight
cars and the public parks as places in
which to let the waiting cars stand?
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1907-03-25
News of the Railroads
Local and General
~
Q. OWEN KUHN

full that the big corporation will i'm
mediately place an order for a large
number of them although, they will
not be used exclusively for about four
years as the Pullman company is ask
ing too much for them. The same
holds true with steel equipment and
manufacturers are holding out for
about double what the railroads are
willing to pay
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1907-03-25

If the court house lighting plant
cost $4,000 and was sold as good as
new, so it is reported, for $685., what
would the tax rate be with this as
basis?
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1907-03-25

There is no better way to build up
your home city than by giving local
i've patronage. The more we help
each other the more we help the city
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1907-03-25

Some one has proposed new beati-
tude: Blessed are the cheer-makerS
for they shall be called the sons Of
the morning.
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1907-03-25

You cannot dream yourself into a
character; you must hammer and
forge one yourself.-Froude.
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1907-03-25

quite on par with literary people,
and much healthier.-Rex Beach in
THE Fight at Tonopah," in the April
Everybody's
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1907-03-25

Up to the hour of going to press no
new date had been set for the en-
trance of the c., C.. & l.. into Chicago.
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1907-03-25

Free advice given on the germ dis
eases of domestic animals. Write
the National Medical Co, Sheldon, Ia.
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1907-03-25

Are you supporting the Municipal
light and power plant?
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1907-03-25
Piles Cured in 8 to IA DAYS.

PAZO OINTMENT is guaranteed to
cure any case of Itching, Blind,
Bleeding or Protruding Piles in
to IA days or money refunded. SOC.
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1907-03-25

Next to the wife beaten comes th
horse beaten.
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1907-03-25

Artificial gas. the goth Century fuel
lott
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1907-03-25

Are you boosting Richmond?
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1907-03-25
Given Thorough Test.

Pennsylvania railroad officials are
making thorough test of the Pull
man car recently turned out of the
shops and which is constructed entire
~ of steel. 1t is understood that up
to-date the tests have been SO success
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1907-03-25
MAY AFFECT THE MAILS.
LIKELY TO BE TAKEN FROM
SOME FAST TRAINS.
duction in Compensation by the
Government.

In view of the fact that the compen-
sation for hauling the mails on the
great public carrier lines has been re-
duced, the railroad officials will meet
in Chicago this week and discuss the
feasibility of curtailing several spec
iaf mail trains, running in certain di-
rections in the western and southwes-
tern states, the mail formerly carried
on such trains, being thrown to the
slower accommodation trains several
hours later. According to the state
ments of railroad officials, it would be
impossible to run many of the fast
mail trains hereafter under the pres
ent system of remuneration for such
services
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1907-03-25
Are Hard to Use.

According TO information given out
at the local station it is well nigh use
less for a passenger to attempt to ride
on the Pennsylvania on a Scalper's tic
ket. The road is paying special at
tention to these and where formerly
there were hundreds of people riding
on scalpers' tickets monthly, there
are now but few. AS the result of
the fight against scalpers' tickets,
many ticket brokers along the Penn
sylvania lines have been put out of
business.
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1907-03-25

For sale by Leo H. Fihe. Druggist.
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1907-12-22
WILL lNDICT MILK TRUST
OFFICIALS OF coSogNsso MILK
CONCERN AT CHICAGO Must
FACE GRAND JURY.

BY Southwestern Press
Chicago. Ill.,. Dec. 2l.-The pros.
poets OF indictments against several
big dealers. charged with forming
a milk trust in Chicago. is being
discussed about the grand iurs
rooms.
William J. Rogers OF New York.
president OF the twenty-five million
dollar Borden Condensed MIX Com.
pany. will. It is said be called as a
witness this afternoon
Rogers arrival here has caused in
tense surprise. He came here from
New York
The grand jury today returned
indictments against fifteen members
Of the Illinois MIX Dealers Asso-
citation, charging conspiracy to raise
the prices Of milk.
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1907-12-22

a half east Of production I'm the
Chelsea district. 10y Moses Cohen,
year ago led 70 a lot OF trouble.
Isaac Cohen. G.. r. namoioy of
bradford. Penn. ana several others
entered into au agreement 70 take
leases adjacent 2, the we'll which
made good showing Disputes
arose and the Arrangements broken
on after leases had been secuted
In the name of Charles r Hamh,ey
and Co, ON the Felix Nelson and
David l.. Seq-ychie auotmeuts. Isaac
Cohen then took a lease on The
Susie Swan land C. r. Hambley,
whose brother lad paid St75 for a
quarter interest iu the NelIr Davis
lease and received mo- transfer then
took a second lease to himself on
,hc NelUc Davis l2o acr--. aud a
10 acre tact and also took second
leases on the Susan Swan and David
l.. SoqsccChio allotments and uu th"
Nslle Triplctt land.
Monday az Claremore au agent %
the Muskogcc agency, had hearing
of the opposing contentious, in
which some OF the pecJl!ari,ies OF
Indian Character in connection with
anxious leases were bought out. All
the evidence, parts OF which was OBJ
tanned through an interpreter, will
go to Washington 10 be digested
by the interior department at It's
leisure. Susan Swan. who is so
old she has forgotten when she
was born, although she remembered
being brought 10 indian Territory,
with the Cherokee emigrants, was
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1907-12-22

taken 20 Muskogee hy a mixed
blood Indian. Who assisted in getting
OBJ. second lease The old Indian
woman stated tha. She though; she
was correcting mistake ia the
a--. lease. Protests and counter
protests Vere filed and the testi-
mouy vas Interesting No one can
form an opinion a. 20 what the in
;a-i1r department; viii DO 30 regard
to t.s matter. although the ai,ottees
with one exception. Ne.ae Davis, de-
sired the frs, lease 20 stand
The glsher On Usage lot 32 Is
sal siouung OIL mlX-d with some
sal; water.
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1907-12-22
TO THE PUBLIC.

faying sold my interest In the real
estate firm, known as the Smith,
higgins 4 West Co, desire
through the columns of the Ard
moroite 10 thank those who have
entrusted their business with me
and o say TO my friends and the
general public that | am again in
the real estate business and am
ready now, as In the past, TO cater
20 the wants OF thepublicinhandling
their property, either for sale or
for rent.
II you should list your property
V..h me- for sale, | shall 10 all that
can 20 consumate a deal, and
should YOU want me- 70 rent your
property / shall do the best can
20 get YOU a good tenant
have as yet been unable %
secure office rooms but viii be
found ~ OF the time on the
streets until find a suitable loca'
ton
Again thanking you for the conf
ieuce that you have always placed
In me-, and assuring you that
will in the future be always rea
dy 10 serve you as best | can.
Very respectfully.
20tf w. 5. SMITH.
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1907-12-22
A W0MAN'S APPEAL


To all knowing sufferers OF rheu-
matism, whether muscular or ot
the joints. scistica, lumbagos, back
ache. pains in the kidneys or neu
ralgia pains. 10 write to her for \
home treatment which has repeat
edly cured all OF these tortures,
She feels IL her duty to send To all
sufferers FREE, You cure yourself
at home as thousands will testify
no change OF climate being necrs-
sary. This simple discovery ban
ishes uric acid from the blood. loos'
ems the stiffened joints, purifies
the blood and brightens the eyes,
giving elasticity and tone to the
whole system. II the above inter
ests you. for proof address Mrs. NJ.
Summers. Boz r South Bend. Ind
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1907-12-22
Delaware ch,lders

s. rHH..r NJ 4ry hole, have re-
.,n.. h..rI m define 'ho east and
northeast .mt .' ru, field. lu the
eastern pare of section b.2n-',. ON
,u, Sa.lr smith land, thr iAs'ga on
Co. got "a dry hole and another ON
TIE Bru'ah smith tract same sec
tiou although two good produ ers
were drilled ON the same lease and
81. {. D., drilling and a machine Is
moving on a lease further south In
section q, the idea being to dnd q
connection with the Big Cork pro
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1907-12-22
To the Patrons Of ST. Agnes Aea.
deuy

We are desirous OF calling the
attention OF parents or guardians OF
Chickasaw girls who are desirous of
enrolling their children or wards
in the Academy for the scholastic
term, commencing January 2, 1908,
should see the Sister Superior at
once in person, or ny letter, address
I'd TO the Sister Superior, st. Ag-
nes Academy. Ardmore, Okla. 20-3
Father, mother, sister, brother or
the baby would appreciate a nice
pair Of shoes for Christmas.
2O-3 HAMILTON co.
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1907-12-22

the DalaRar-Childres district pretty
clearly. William bell IS drilling a
test on the Gray 10 acres. 3i--7-i3.
north Of production.
The Oriental Oil Co has a pro-
Ilcine we'll on the Fannie Wilson
land. 3iz7.lS. NORTH of production
and is drilling another test on the
north bank o. the river. northwest
corner ot section ~
The Independence. Kans people
who sent representatives 20 Cuba. -
secure a lease on the Edward New
comb 40 acres. north part o. 3+-7-l6.
have been offered $1,000 bonus FOR
the lease. bl, as they claim 90 have
pai1 ss.500 'or s, and the expenses
ot these persons 20 Cuba and re-
turn. they would hardly be able %
declare dividends on the profits
lu tho Dsla ar, end % the bai
'he Prairie oil s Gas Co .as con
p,eted No. "A NJ T. Wettock.s 30
.1.l6 for an initial production of
700 bbls. Its 40. on the l. C
Howell tract 33-27-l5. IS also good
for zoo and rs No. the Marx
Bean land starts o1 at 49, bb,s.
while No. !. on the Mary T. Bean
land. 33-27-ls. only shows Tor -
b.l, after shooting
The three tests drilling on the
Vari.g-.s river. east of Seminole
SWi-a. six miles south of Cefeyyii.e
are failures and one of the ma hines
is moving back 90 the oi, field
Departmental Hearing.
The drilling and shutting in of a
test well on IN. Nellle Davis l30
acres. section 2224l7. a mile and
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1907-12-22
LATE OIL NEWS
SHALLOW SAND OPERATIONS
AaE DROPPING oFF-THE
LATEST COMPETITIONS.

Ardmo-eite Special
Tulsa OK Dec 2l-Operati9ns
IN .ae shallow sand d.-.r.c, OF the
Cherokee division are Stacking up
a BIT especially 10 the Copdys Bluff
Alluw.e and Chelsea districts ia
,h. Latter d. ,rict not vel. is dr..l.
Ing SIX macA..-. are working .n
-a- A.luV-e district five in the
Coody Bluff district. six Ia the Big
Crock district and fifteen in the
DeIaRar, Children district and
tire shallow sand field lu the Della.
tire shallow sand field In the Della
vare-Chlldrens district where most
Of the work IS going on very Pew
Of the wells are shot owing TO the
cougest-d situation. and mos, OF
The work IS confined 20 new leases.
Auu~ee District.
tn. Terra Halt- Oh Co.. has q
good rrpIucsr 100 JOS SO ou Ae
EI-h Lawrence laui 2,.25-lt. east
OF tae store. which filed -5H bbL
tank over night after shot, 80 T.
showing fIr go b1ls The I.a-5ea
Oh CO.. keeps machine running
ON rar Zulkry land. southeast OF
t,,uaee. aud t.e Riley Oh Co.. dos
.a- same 90 the Montgomery land
'atf- Water for drilling pl-p1se.
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1907-12-22
Makes the liver Lively.

Foley's Ormo Laxative gives per
manent relief in cases OF habitual
constipation as 1t stimulates the
liver and restores the natural action
of the bowels without irritating
these organs like pills or ordinar
cathartics. Does not nauseate o
grippe and is mild and pleasant I
take. Remember the name Foley
Drino Laxative and refuse substi
tutes. For sale by all druggists. d.
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1907-12-22

Mrs. S Joyce. Claremount. y. II.
writes About year ago I bought
two bottles OF Foley's kidney Rem.
ody. II cured me OF severe case
oi Kidney trouble OF several year
standing Il certainly Is grand.
good medicine. and heartily recon
rreud q DIV
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1907-12-22

Kennedys Laxative Cough Syrup
causes free yet gentle action Of
the bowels through which the cold
is forced out OF the system. Chill.
dren Ike II. Contaiss no opiates
nor narcotics. Sold by W. F.
Frame. DIV
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1907-12-22

about yourself when you're crippled
with rheumatism or s,if ioiut--o'
course you've tried lots of ttinEs
and they failed Trg Ballard SNOW
Ilnilent-it Will drive away "a.
acte-. pains and stiffness and leave
sou az VeI as you ever were. For
sale ty = Ramsey "A
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1907-12-22
Notice.

Notice IS hereby given that the
stockholders of the Bankers Nation
Al bank will hold their annual meet
ing in the office Of the bank in
Atdmore, Oklahoma, at . o'clock
%. m, January H. 1908.
=. G. DINGS. President.
Z V GREEN, Cashier.
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1907-12-22
DISSOLUTION NOTICE.

The firm OF Smith. higgins &
IVES, Co Is this day dissolved by
mutual agreement. ". ; Smith and
=. X West retiring and Mr. J. l..
higgins continuing. assuming all
debts OF the past partnership and
collecting all debts due the past
partnership. and will settle up all
matters OF business had by said
aar,uership.
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1907-12-22
:: :: :: :: :: :: :: :: :: y . " "
CHRISTMAS BUYING

!: rc the table is made easy "
!: Look over this list select
!: vha, you wan, and phone Us. "
!: and We VIII deliver .t 90 your y
}: home. .
;: Biz fine fat Christmas :
. turkeys ready dressed !"
!: Fresh Celery and Oysters !"
!: Cosha Sausages !"
!: Liyerwurst I"
!: Ham Sausases !"
!. Bologna Sausages
!. Smoked Pork Sausage. u
I. Pork SausaEes .
|. X c. Link sausages. u
8: Welnervurst
/: Corned Beef .
:: Head Cheese
{. Pickled Pig Feet .
:: Chill ready 70 serv.. .
9: Fresh Mackerel .
:: Home Rendered Lard. .
+. Country Butter and Eggs. |:
(: Meadow Gold Creamery .
:: Butter y
:: Beet Pork and Veal. .
/. Spare RIBS and Brains .
{. Boiled and Cured Hams !:
/. Home smoEed Breakfast T:
:: Bacon.
= Dressed Chickens Saturday
- and sunday
. Orders delivered 70 all parts (:
: O! the city
:: Telephone g.
. COLI STORAGE MARKET.
/. :: !. :: :: :: :: :: . :: : :: ::
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1907-12-22
s565736O9
Liabilities.
s565,736.0s

No better index 10 the growth of
Ardmore can be found than is re-
hected in the steady and constant
Increase OF the deposits OF the Ard
more National Bank.
LEE CRUCE, Pres.
G. w. STUART, Cashier.
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1907-12-22

Blank Bros. candies OF all kinds
AZ the Grand Leader. 20+
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1907-12-22

Il IS an easy matter 20 accomplish
some great things otherwise the
average man wouldn't even have a
looking.
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1907-12-22

At Ardmore, Oklahoma, at the close
OF Business, December 3. 1907.
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1907-12-22

Cut glass at a bargain at Bull
ards. 2O2t
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1907-12-22

Afdmore. Okla, Dec l9, 1907.
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1907-12-22

/. :: /. /. /. . - /. :: :: :: :: ::
Los Angeles herald., 1907-11-05

hank to protect its. reserve but the fu-
t.lity Of the effort is shown by the fact
tkat since Thursday. the United States
has drawn daily from the bank substan-
tial sums already aggregating $4,000 600.
Egypt has also recommended withdraw
ing gold.
Financial circles here now incline to the
belief that 8 per cent rate will SUFFICE
and that no further advance will be nec-
essary, particularly if the Bank Of
France renders it's promised assistance.
All depends. however. on the absence OF
demands of alarming proportions from
America.
The rise in the Bank of England's rate
of discount, coupled with the unsatisfac-
tory position i'm New York as revealed
by the New York bank statement, caused
depressing effect all around on the
stock exchange today. Consols dropped
3-S and Americans were offered In many
cases at a point below parity, without
finding buyers.
The position here, however, is regarded
as being very sound and the declines regis
tered today were more in the nature
Of a sentimental marking down of quota
tons than actual selling.
The market, in short regards the ao-
vance of the bank rate as purely active
measures against Americas gold demand
and TO prevent the New York city~b per
cent bonds from being placed mere