davidaulloa/AmericanStories huggingface dataset:
Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1907-03-13

FOR SALE: Seventy acrya Of
land, we'll located on the puh!j,
road beween Edgef-!d C. H. an
Augusts, near Rnper's Cr,s
Roads. Apply TO
Mrs CD. Hardisry,
Slatesborc, Ga
Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1907-03-13

Perkins has reimbursed the New
York Life policy holders for the
money contributed to the Repub-
sslIican campaign fund. Now, if the
gnaWings Of consciencs would
I cause the dispensary rebates ct
cetera to be disgorged, the Comp
:troller General would be aided
SSerY materially in meeting the
100, Geo deficit that stares him in
setha face.
Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1907-03-13

Thoa best laid schemes" of Com
missioner Watson are brought to
nausht,by the Federal authorities.
s But he is every inch q man 'sfor
"a that, and a. that" and will yet
{ End a way to bring immigrants
ssto South Carolina that will re-
s;ceive the sanction of the very ex-
Z acting officials of the national
govern ment.
Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1907-03-13

Don't make any mistake, but
remember the na1ne, Swamp
Root, DR.. Kilmer's Swamp-Root,
and the address, Birghamton, N.
Y. on every bottle.
Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1907-03-13
Teachers Examination.

Teachers Examination.
The regular teachers examina-
tion will be held at the Office of the
County Superintendent Of Educa-
tion at Edgefeld on Friday, april
the 10Th.
Hereafter these examinations
will be regularly neld on the third
Fridays in April aud Gctoher,
these being the days named by
the State Board of Education.
w. ID. Holland,
Supt. of Education.
Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1907-03-13

Miss Essie Bussey is Sisi!ln,
her sister, Mrs. E. II. Thomps a
Star.
ROSE COTTAGE.
Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1907-03-13

Misses sallie aud May West
visited friends at Plum Branc
last week.
Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1907-03-13

Mrs. Sophie Luxun. berger, o!
Gree Vile. ie visiting her parents
Mr.. and Mrs. p. P. Doolittle.
Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1907-03-13
COLD SPRING.

carry great weight.
The news-democrat. (Providence, R.I.) 1906-1909, 1907-10-25
% and owes its repositories about $780,
" DAILY SETTLEMENTS MADE.

QUO ana owes its uepositories ao'u' sA'"0'
600.
DAILY SETTLEMENTS MADE.
All the members OF the New York Stock
Exchange made their daily settlements OF
accounts as usual today to the Stock Ex-
change Clearing House.
The treasury department is doing ev-
erything to allay apprehension Another
large supply of small bills is being rush
ed to New York from Washington.
A statement issued by the Sub-Treasury
today shows that local banks gained S22.-
7o5 600 from the Sub-Treasury during the
week. This represents I'm large part the
deposits OF government funds made with
the New York banks.
II developed this morning that con-
siderable number OF the persons In line
at the Trust Company OF America and
at the Lincoln Trust company were not
depositors but persons who had taken
their places in the hope of selling ia
vorable position to depositors who might
he anxious to withdraw money and who
would be willing 10 pay for forward
place in the line Wherever possible these
persons were removed from the line by
the police.
A receiver was appointed for the Knick-
erbocker Trust company today. This
company closed its doors Tuesday.
LOANS AT 20 PER CENT.
The large loans made by j. Z. Morgan
& Co. and their associates 10 stock
brokers yesterday when trading was de-
moralized, were renewed to-day at 20 per
cent
The first quotation of call money on
the stock exchange to-day was made
about 1890 o'clock. when loans were
made at 80 and 60 per cent.
Among the rumors afloat in New York
were many affecting number OF lead
ing financial houses. These rumors have
evidently been started for the purpose OF
affecting the stock market and a man
high in authority in the firm OF John
Wanamaker, makes the following state
ment
The rumors that have been in circula-
ton regarding this firm recently are re-
diculous and without foundation. The
affairs of the firm were never i'm better
shape then they are now and the business
Of the New York store never larger. The
business of the latter store so far this
month has been the largest OF any month
since the store was opened, and we are
endeavoring to make IL q thorough record
breaker. Everything is all right. We
are able to get all the goods we want
and there Is no trouble"
An official of the Harlem Savings Bank,
where a run was begun yesterday, an
nounced this afternoon that the company
will at once take advantage OF the CO.
days notice law In cases OF all large de-
positors. The bank will continue 10 honor
Immediately the demands of small de-
positors who desire TO withdraw funds
]. L. MORGAN'S ADVICE.
When qestioned as TO how he re-
garded the financial situation today. !.
Piermont Morgan said: -"1f people will
keep their money In the banks every
thing will be all right
About 100 depositors of tho River
side bank. n state institution on Sth
avenue, began to withdraw their ac-
counts today The bank owes Its de-
positors about S2500000.
IL was reported early this afternoon
CONTINUED on Page Two)
The news-democrat. (Providence, R.I.) 1906-1909, 1907-10-25
TRUST COMPANY
OF AMERICA is
DOING BUSINESS
Fewer Depositors Trying to Withdraw Money Today.
General Situation in New York Much Calmer.
Secretary Cortelyou Says Situation is Improving.

New York; Oct. 25--A much calmer tone
was apparent in business circles this
morning. The success OF the relief meas
ures undertaken yesterday by j. Pierpont
Morgan. John ID. Rockefeller and other
prominent financiers, together with the
serenity with which the officials OF the
Trus. Company of America met the run
OF depositors on that institution. gave
great announcement 10 bankers and busi-
ness men generally that no further
trouble was TO be feared.
The S25 100000 made UP by a pool headed
by Mr.. Morgan. which was sent into the
stock market Yesterday afternoon, is be-
lieved to have given permanent relief TO
The brokers, who werc In need OF funds
with which to carry the stocks bought
and held on margins for their customers.
The Trust Company of America opened
for business as usual this morning. as
did the Lincoln Trust Company. The
l.ue OF depositors waiting 20 withdraw
money was much smaller than at the
same hour yesterday morning The L. ;.
Sub-Treasury sent Si,3Oo.0on cash to the
Trust Company of America this morning.
Announcement was made this morning
that the United States Exchange Bank, a
small institution located in the Harlem
district. Of the city. would not open for
business. The bank has only little
more than 100000 on deposit, did an in
conspicuous business. and the announce
ment that II would not open for business
was entirely without effect
First advices from London to-day were
very encouraging. American stocks there
opened at prices from l 20 points higher.
The Borough Bank OF Brooklyn.
State institution, with n capital stock OF
100000 and deposits OF about SS.ooo,ooo. did
not open for business to-day. This bank
has several branch offices in Brooklyn.
It's bushes was not worry large and no
prominent fnanciers were connected with
Il. one OF its principal connections was
the Knickerbocker Trust company, which
suspended payment on Tuesday.
CORTELYOU OPTIMISTIC.
Secretary Cortelyou was at the Sub
Treasury today The secretary said:
There is nothing to say on the situation
now, except To reaffirm my former ex-
pressions OF belief that matters arc stead
lly improving Later Developments during
the day may prompt further state
ment."
The International Trust company, one
pf the small and inconspicuous trust COM
panies closed its doors at 1919. This trust
company had business connection with
the Borough bank Of Brooklyn, which
suspended payment today.
The Brooklyn bank. with a place or
business at Fulton and Clinton streets,
Brooklyn, did not open for business today,
this bank having capital stock OF S30-
The news-democrat. (Providence, R.I.) 1906-1909, 1907-10-25
INDUSTRIAL TRUST 0. X. !.
SAY NOTED F|NANC|ERS
The following statement was made this
afternoon:

The following statement was made this
afternoon:
Providence, II. l., Oct. 25, 1907.
"The undersigned have this day consti-
tuted themselves committee TO view the
tee we have caused an examination to be
made OF the Industrial Trust company or
this city by experts.
AS result OF such examination. we
have no hesitation in asserting that this
institutian is in sound condition and am
ply able to meet all liabilities with large
surplus.
I'VE make this announcement in order
TO assure the people that this institution
may have the full confidence OF the COM
munity.
1--WE append the report of our subcom-
mittee
'R. H. l. Goddard, William Ames, Fr.
Doran, DR.. James +. Sullivan, Henry d.
Sharpe. Robert Knight. stephen o. Met
calf, Henry Lipptt. RGthbone Gardner"
While a number Of small depositors
were gathered in the Industrial Trust
company building this afternoon state
ment was read TO them from Herbert j.
Wells and stephen o. Metcalf setting
forth in effect that they had examined
the banks securities and found them o.
h.
This statement proved so reassuring that
many of the persons who came TO with
draw their funds left the bank imme-
diately and went to their homes or places
of business.
IT'S OFFICERS.
The Industrial Trust company officers
arc: Samuel T. Colt. president; J. NJ.
The news-democrat. (Providence, R.I.) 1906-1909, 1907-10-25

Attor ey seeber Edwards Of the law
firm OF Edwards & Angel applied tc
Presiding Justice Sweetland Of the supe-
rior Court at about O'Clock this morn
ing. The following petition was pre-
scented to His Honor:
alfred G.. Loomis VS.. Union
Trust company
ITO the Honorable. tho Supreme
Court OF the state Of Rhode Island
holden within the county OF Provi~
dence: Respectfully represents
Archibald O.. Loomis of Providence
in said county.
"Ffrst-He is a stockholder In the
Union Trust Company, corpora
incorpora ted by the General AS
sembly OF the State OF Rhode Is
land and having an office In said
city OF Providence.
"Second-Said corporation Is in
solvent.
The news-democrat. (Providence, R.I.) 1906-1909, 1907-10-25

Cornelius s. Sweeand appointed temporary this
morning the Union Trust Company order fully the
bank and all its creditors.
The company did open its doors this morning o'clock
but instead the following notice posted the Dorance street
door:
Owing the strngency of the market the trust
pany will not open today.
few later this notice taken down and the fol-
lowing substituted
number of depostors this bank
is temporarily closed"
great number depositors had gathered anticipation the
AT o'clock there ne whom had
By o'clock there upwards of line
three deep and extended down Dorane around
the trust company building through Middle Orange
Besides this large crowd gathered about
detail of policemen under the direction of Chief
Epan and maintained order the
line kept the crowd of curious people moving.
made that the bank would not
surged about the DOORS the police
having great difficulty in maintaining order for few minutes After
thew the crowd dispersed
tent although the squad police kept busy all morning
turning away deposors and keeping the sidewalks clear
The news-democrat. (Providence, R.I.) 1906-1909, 1907-10-25
PETITION
FILED ABOUT 4 A. M.

wherefore. your petitioner prays
this Honorable Court TO appoint
receiver of the estate and effects or
said corporation under the provi-
slons OF chapter 177 OF the general
laws OF Rhode Island and the acts
I'm amendment thereof. and In addl-
tion thereto. and pending a hearing
on this petition TO appoint a tenn
porary receiver TO take possession
OF and preserve the estate and ef-
fects OF said corporation,
And as in duty bond will ever
pray"
(Signed)
ALFRED G.. LOOMS.
This complaint was sworn to before
seeber Edwards. notary public
THE DECREE.
Presiding Justice Sweetland ordered
that a decree be entered as follows:
''The above petition came on 10
be heard this 18th day Of october.
A. ID. 1877. and thereupon. upon
The news-democrat. (Providence, R.I.) 1906-1909, 1907-10-25

The officials OF the bank declined to give
any statement out at that time.
The disappointed depositors as a rule
took the situation philosophically and
there were but few disturbances about
the doors. The general feeling in the
crowd seemed to be that of confidence in
the ability OF the bank to pay its deposit
ors in full.
Two policemen were stationed at the
doors of the bank and were kept busy
turning away depositors. For hours after
the notice was posted anxious depositors
continued TO arrive. All had various ex-
cuses as to why they should be admitted
and when they were informed by the po-
lice that no business of any kind would
be transacted In many cases they pleaded
TO be allowed TO enter. Many of those
seeking admittance were foreigners and
failed to understand why the bank was
closed, and when ordered to move on by
the police moved away slowly, with
doubtful faces.
The news-democrat. (Providence, R.I.) 1906-1909, 1907-10-25

consideration thereof It is ordered
adJudged and decreed that Corne-
lius s. Sweetland OF Providence,
be. and he is hereby appointed
temporary receiver OF the Union
Trust company, said receiver -
authorized to take possession and
charge of the estate and effects of
said corporation. and to preserve
the same until further order of this
COURT and II Is further ordered
that a citation be issued to said
corporation. returnable s.u at the
r. l.. on Wednesday. Nov. 8. 1907.
at $50 a. m. And that the clerk OF
this court give notice of the pend
snGy notice Gs this o ss RstSn sSs BY eyesy day
commencing Saturday. Oct. 26. un-
til the day Of hearing.
And that the petitioner send no
tice of the pending of this petition
TO the creditors OF said corporation
by mailing a copy Of said motion
to each of the creditors of said cor
poration whose address Is known to
Walter s. Reynolds. the clerk of the SUI
perior court, was at once sought The Pc
tition and decree were filed with him
about $50 a. m. Mr.. Sweetland at once
took up his duties as receiver.
ALLEGATION IS FORMAL.
The allegation of insolvency in the Pc
tition Is a formal one made necessary by
the law in order to get the only relief
possible from the court. II the embar-
assment is only temporary ii has to be
stated just the same as IL permanent, SO
no Importance was given the statement
of insolvency made by the vice president
in his petition.
Many lawyers were busy this morning
owing to complications caused by checks
given In the course of business yester.
day on the Union Trust. The action
taken by the local clearing house over
came these difficulties. One well-knowr
attorney claimed very large sum oil
money was placed by his client in ths
Union Trust company early yesterday ane
that II was needed at once. the idea be.
ing to draw upon II by checks
The news-democrat. (Providence, R.I.) 1906-1909, 1907-10-25
Wanted Payrolls

The suspension OF the Union Trust conf
pany will probably be felt somewhat Sc
verely by working people today, as many
of the large manufacturers dealt with
that company and no money Is available
at the trust company for payrolls. Rep
resentatives OF many OF the manufacture
ing companies called at the trust company
this morning for the payrolls, but were
turned away with the answer that no
business will be done today.
The news-democrat. (Providence, R.I.) 1906-1909, 1907-10-25
A Run ON the sounde,t Hank

May mean financial ruin 10 the bank and
dcpo9itors alike. A run TO purchase lots
On Revere Plat, Auburn, means safety
beyond peradventure. and profits manifold
greater than any bank can afford TO Of
fer word 10 the wise should suffice.
Call upon Anthony Corcoran. 81 Weybos-
set street, room ~, or at Plat office, op-
yosite High school, Park avenue, Aaburn
fror = - any afternoon.
The news-democrat. (Providence, R.I.) 1906-1909, 1907-10-25

lppi Valleys. An area OF high pressure
pver the northern Rocky Mountain slope
has caused n change to colder in that
pection. Fair and warmer weather is
indicated for Providence and vicinity to-
night, and fair and colder Saturday.
NJ. Y. BLYSTONE.
: local Forecaster.
The news-democrat. (Providence, R.I.) 1906-1909, 1907-10-25
Some Wanted to Deposit

Not all Of those seeking to enter the
bank desired 10 withdraw money, how
ever. Many OF them. whose attire showed
that they were not by any means prosper
Gus. had bank books in which there were
bills, and they declared their confidence
In the bank, and asked to be allowed to
make deposits. In one case man, evil
IDENTIFY a Jew. pressed forward with a bank
book stuffed with bills, which he said
amounted to $40, and, taking advantage of
n time when the door was open TO admit
an official, requested the messenger TO al
The news-democrat. (Providence, R.I.) 1906-1909, 1907-10-25
Industrial Trust Sound

r,a statement posted
THE UNDERSIGNED HAVE THIS DAY EXAMINED THE CASH
ACCOUNTS THE INDUSTRIAL
rprsT
TIES WE EXAMINED THE LAST STATEMENT
AUDITOR RESPECTING THEIR BRANCHES VIZ; PAwTUCKET
wooNsoCKET. PAscoAG. WEXFORD BRISTOL.
rRIy MECHANICS
sroctcs BONDS CHARAc-
TER WELL SECURED
WE INSTITUTION ENTIRELY
STEPHEN METcALF
HERBERT
investigating
to
he
The news-democrat. (Providence, R.I.) 1906-1909, 1907-10-25
Palmer House Burned

Pattcn. Me. oct 25.-The Palmer house.
three-story wooden hotel owned by the
@. l.. Foss company and the residence
and millinery store OF s. G. Leslie were
burned early today. The total loss was
sis.Ooo, partly covered by Insurance.
The news-democrat. (Providence, R.I.) 1906-1909, 1907-10-25
BANK COULD NOT GET
READY MONEY, SAYS Mr.. PERRY

"The Union Trust company regrets to announce that it
finds itself unable owing prevailing financial srngency to
Immediately all its obligations. It's assets amply
sufficient satisfy all claims upon under normal conditions
impossible obtain sufficient ready money at the
present time upon the best approved security to meet
demands precptated by financial disaster other cities to
institutions which neither this company of its Off
in any way involved.
The officers of the company feel that it would be unjust
depostors sacrifice its assets at prices in an
attempt TO postpone for days the temporary suspension
which has become inevitable They believe that such at
tempt would greatly lessen the probability OF ultimate
men depostors fua result which they confident
will be attained if the liquidation of the which the
pany holds postponed until normal conditions
stored.
Personally do not directly indirectly to
the Union Trust company.
The news-democrat. (Providence, R.I.) 1906-1909, 1907-10-25

AT the Industrial Trust company
small crowd gathered soon after the news
OF the closing OF the Union Trust COM
pany. There were not over 80 depositors
lined up to the paying teller's windows,
however. The crowd was composed most
ly of people attracted by curiosity. The
officials OF the Industrial Trust company
said that the withdrawal OF some of the
small deposits was not unexpected and
was caused purely and simply by the
uneasness reflected by the closing OF the
Union Trust company. 1t is said that the
bank was fully prepared for any emer-
gency.
At the Mechanics branch of the Indus
trial Trust company there were about a
hundred depositors awaiting their turn at
the windows OF the tellers.
At the Hospital Trust company the
condition OF affairs was the same as
usual. no large number of people being in
the bank on any day.
The national banks were entirely un-
affected
The news-democrat. (Providence, R.I.) 1906-1909, 1907-10-25

Addeman, vice-presdent; Cyrus z.
Brown. treasurer; Waldo M. Place. as
sistant treasurer; Ward e. Smith, sec
retary; Henry b. Congdon. assistant Sec
retary: Otis Everett auditor.
man, George Peabody wetmore. William
II. Dupee. Warren y. Arnold, Richard A.
Robertson. Joshua NJ. Addeman. w. I.
G. Wardwell, James NJ. Scott, William II.
Perry Arthur l.. Kelley III. Martin
Brown, Frederick Tompkins, Levi p.
Morton. James Stillmsn, George f. Ba-
Henry A. c. Taylor. George M. Thornton,
James Speyer, George II. Norman, Cyrus
+. Brown, Elbridge 7. Gerry. Richard 5.
Howland. Charles c. Harrington, Joseph
Bavoi. Louis II. Comstock, Herbert n.
Fenner, j. Milton Payne, Eben n. Little
ield.
Cash on hand. d.................... N,l1l,Sn 30
Due from United States Treas
urer ......... ....s........'''..'. a-'oNW
trust companies ...... -. 7o1o.ssS GA
ers -. ....................... 10000 90
Call loans TO individuals and
corporations -. ........... $500. .2os II
Mortgages on real estate....... 3.55e.034 "A
Stocks ...... .................... 10. $3.50 81
Bonds .... .................... 1863, $50 50
Loans on personal security. 7,2l3,4S2 A
Loans secured by pledge of
bonds. stocks, or other col
iaterals 80. ................. e.4e4. Ass Os
Banking houses ................. SS.lll 10
Other real estate................ 5,45 20
Sl.312,46 70
LIABILITIES.
Capital stock paid In ..,.s S,000.0o0.00
Continued on Page Twoy.
The news-democrat. (Providence, R.I.) 1906-1909, 1907-10-25

WHICH section III
caused light rain. A
rainy condition over
lies Oklahoma, East
ern Kansas and
Western Missouri,
where light to mod
crate heavy rain has
fallen. Elsewhere
east OF the Rocky
Mountains the wea.
ther Is fair. 1t has
grown much warmer
over the eastern and
southern Lake re-
eivn. ano -he Ohio
and Middle Nfissiqy-
The news-democrat. (Providence, R.I.) 1906-1909, 1907-10-25

hundreds of DepositOrs Surrounded Banking Rooms
This Morning, but Receivership Petition Had Been
Filed and Cornelius S. Sweetand Appointed Before
Daybreak-Bank's Assets Exceed $28,OOO,OOO, and
Are Said to be More Than Enough to Meet Its
Obligations.
The news-democrat. (Providence, R.I.) 1906-1909, 1907-10-25
WEATHER NOTES

A disturbance has moved from the Lake
region To the st. Lawrence Valley. 80
The news-democrat. (Providence, R.I.) 1906-1909, 1907-10-25
At Industrial Trust Co.

low him to enter and deposit the money
but was refused.
BoletiÌn mercantil de Puerto Rico. (San Juan, P.R.) 18??-1918, 1907-03-23

sion, portadora de una protesta
que suscrlbian hrmas 11umero-
sas y contenia argumentos de
fuerza, en- contrario a la injus.
tlcia de que pudiera atender.
Sc primero a la utilidad parti-
cular que q la conveniencia CO.
lectiva.
No sabemos que Ia consegui.
do la comision aquella. ,Aun
es pronto para saber ST ha triun.
tado la justicia 9 venci6 la in
Huencia; pero ei amino no pue-
de sustraerse a la sospecha de
que tai vez sc ha gastado asi
mucho dinero en- la Isla.
Necesario es que Sc destie.
rren esos temores, que Sc des-
truya ell fundamento que tie
men, para que resulte mGnos pc
noso ell sacri6cio que Sc impone
al publico, obligandole a salts
facer esos impuestos cada vez
mas creCidOs.
FL hecho de que sea necesa-
rio que vengan aqui esas conf
stones que protesten Ell repre-
sentacion de pueblos que temen
ser preteridos y despojados de
aquello a que tienen derecho, va
eS I'm datO muy expressive de
que la administration no ms
pira al publico toda la CONTAIN
"a que fuera de desear.
BoletiÌn mercantil de Puerto Rico. (San Juan, P.R.) 18??-1918, 1907-03-23
|El juiCio del sehOr Sinfonte

Ell juez de la Corte de Distrito de
Areclbo seflor Quifionez. ha dictado
sentencia contra ell ex- professor prin :
|clpal don Juan Sinfonte Ortiz, en- la
causa de que va tienen CONGO imiento
nuestros lectores. Ell sefior Sinfonte
ha sido condenado a dos afios de pre-
sldio con trabajos forzados, mil do
liars de 'multa y las costas. Ell iuicio
|se vic por Jurado.
La representa- ci6n del acusado ha
entablado recurso de apelaci6n para
ante la Corte Suprema de Puerto
Rico.
Ell seflor Santoni Sc ha ofrecido 4
defender al procesado en- Ell acto de
la apelacion
Ell seflor Sinfonte fue acompaflado
por una numerosa concurrencia des-
lie la Corte la care ell del Distrito.