davidaulloa/AmericanStories huggingface dataset:
Omaha daily bee., 1908-09-06
IMPROVING THE BANKING LAWS.

IMPROVING THE BANKING LAWS.
Congress has been exceedingly re-
luctant in the past to make any
changes in the national banking act,
but the discussion hat has been in
progress for a ear or more on diff
ferent phases of the currency and
financial questions appears to have
aroused an interest which will force
early action looking to certain amend
ments of the existing law. The Ma
tional City bank Of New York has re-
Gently addressed a circular letter to
bankers throughout the country and to
members Of congress, suggesting GER
tain amendments that in the main APP
pear admirable. These recommended
lions are the result of careful study
and exchange of opinions by some Of
the leading bankers and financial eX-
perts of the nation.
The first suggestion is that officers
and directors Of banks be required to
make a showing of their liabilities to
their own institutions. There should
be no room for a difference of opinion
on hat proposition. Too many banks
have already been wrecked by the lend
ing of money to the officers and di-
rectors of the institutions. This in
formation should be made public and
such loans should be made only with
great care and with the approval of
the full board of directors of the in
stitution.
The second recommendation is for
an amendment prohibiting outside cor
porations from owning stock in a ma
tional bank. The present law forbids
banks from owning stock in other cor
porations, but there is nothing to pre-
vent outside corporations from getting
control of national bank stocks. In the
recent financial trouble in New York
IL was shown that certain trust COM
panies and other corporations had Sc
cured control of a chain of banks and
used them for the exploitation of in
dustrial combinations that dealt
heavily in watered stock and were
forced to the wall in the depression
that anne on in October. The bank
should be limited to a banking bust
ness and it's ownership should not be
allowed to get into control of other
interests.
These are the chief recommends
tions, but there are several others OF
more or less Importance, One pro-
vides for a strict Limitation of the
amount that may be loaned by a bank
to a single borrower. The present law
limits this o to 10 per cent of
the banks capital stock, but the law
has been ignored in many cases with
disastrous results. The National City
bank suggests that this be amended
Omaha daily bee., 1908-09-06
INGRATITUDE.
San Francisco Argonaut.

San Francisco Argonaut.
She sketched and painted up and down.
the river.
l rowed the boat
Where willows dip and deepening shadows
CULVER,
And lilies float.
Cliff, cottage, sail and bridge and sea sands
yellow
Her studies were
And, oh, l thought myself a lucky fellow,
Adrift-with her!
Lolg hours, with oars at rest, 1 sat and
waited;
She painted on,
With now and then a smile-absorbed,
elatsd-
Till, daylight gone,
She'd raise her eyes reluctantly and
murmur.
And lid only plant my feet the firmer,
And start to row.
Last night we met. OF art, she pgattled
sweetly
OF what she'd done
In way of summer work, accomplished
neatly,
OF praises won;
But, when 1 shyly dared my part TO
mention
AS oarsman true,
She vaguely smiled and said, 9th mat
tention-
"Oh, was it your"
Omaha daily bee., 1908-09-06

once the cutting in the state forests is
begun.
Experiments carried on by the
United States government and by pri-
vate investigators have clearly estab-
lished the a%daptability of certain varie-
ties of pine to the Nebraska climate.
II has been shown that the Jack" or
"bull' pine makes rapid and sturdy
growth in this region, especially in
the sand hill" section. At its last
session the legislature was asked to
make an appropriation for instituting
a comprehensive plan of state forestra-
ton. Nothing came of it, but the men
who are interested in the project will
present the matter again at the COM
ing session, and will probably be ac-
corded a more attentive hearing. In
vestigation as to the merits of the plan
should be had at least. It's ~desirability
cannot be questioned. Nebraskans
have we'll earned the title of Tree
Planters and If the growth of pine
or some similar useful timber car be
added to the states list of paying
crops, the name will be still more de-
served.
Omaha daily bee., 1908-09-06
THE PROFESSION OF BUSINESS.

THE PRbF hSSION OF BUSINESS.
The student class, the general pub
lie and the educators of the nation will
find a peculiar special interest in the
opening at Harvard university on Oc-
tober 1 of the new Graduate School
Of Business Administration" the an
nounced purpose of which is ito estab-
lish business training on a professional
basis"
OF the need of such an institution
there can be no question, the only
proposition being of its general effect
upon the cours of study long recog-
nized as the essential feature of col
leglate education. The Harvard au-
thorities apparently understand and
appreciate the complications that will
result from this new departure, and
they announce that the school does
not seek to decry or supplant the va
rious business colleges" that have
sprung up throughout the country in
response to the demand for helpers
in the various commercial and indus
trial enterprises. They take the posi-
ton that there is a constant aud grow
ing demand for the highest type of
business man, educated in the broad
est principles of commerce and indus
try, and state that It is the purpose
Of this new course of study TO supply
this demand, without infringing upon
the work of the ordinary commercial
colleges.
This action by Harvard is a formal
recognition of business training as
worth fully as much as the rigidly
academic in the life of the day. II
promises to break down the barrier
that has too long existed between
American colleges ard the chief pur-
suits of Americans. Daily evidence is
being furnished Of the nations de-
mand for trained business men. Con-
oentration and specialization have
little time or patience TO await the
slow working of the individual toward
efficiency in industrial management
The demand is for men educated in
the broad principles of business and
industry, an education that is hardly
attempted in the commercial colleges
and 1t is this demand the new course
of study is designed to meet.
The new course Of study includes
teaching OF the fundamental principles
of transportation. banking. promotion
Omaha daily bee., 1908-09-06
A REPULsIvE PROPOSITION.
scheme to Make Banks stand or Fall
Together.

chicago News.
A plan for raising an insurance fund by
assessment of a definite amount upon the
banks, the resources of the depositors to be
limited to the amount Of the fund, just as
the loser by fire Is limited in his ability to
recover by the ~inancia responsibility OF
the insurance company, might be debatable,
But the idea that all the men engaged In
a particular line OF business shall be re-
CURED by law practically to pool their for
tunes and stand or fall together mi be
otherwise than repulsive to the business
sense Of the American people when the ma
ture Of the proposition is understood.
II is said that the success of the Okla
homa law is already demonstrated. that
deposits are increasing because Of Che guar
anty and that banks in adjoining states
where the guaranty does not prevail are
losing their business. The benefits OF a
law OF this nature are most obvious at the
outset; the actual Disadvantages manifest
themselves only after a considerable time.
No plan or this kind can be said to have
been tested until II has stood the strain OF
a financial crisis. The guaranty fund law
OF New York state. passed in 1929, aid not
disclose its defects until years later, when
banks In the system began 20 go down.
mainly because Of the financial sims OF
their responsible manRgerA
Omaha daily bee., 1908-09-06
DOMESTIC PLEAsANTRIEs.

You say this man stole your coat?" said
the magistrate. do | understand that YOU
prefer charges against him?'
well, no, your Honor" replied the plain
TIFF, Il prefer the coat II it's all the same
TO you, sir.'-Philadelphia Press.
Lover (haughtily)-Io It matter Of aston
your daughter?
Father ACKNOWLEDGEMENTS at all. young
man. l wanted to marry her mother once.
Inc astonishment at the idea comes later
Baltimore American.
~ done heard It ~recited," said Uncle Eben,
dat Truth crushed TO earth will rise again.
git his feet in time to keep the referee
FUN handin' out de decision agin 'im."-
Washington Star.
Mr.. Phusser-Cynthia, l have Joined a
Don't Worry club.
Mrs. Phusser-I am sorry for the club
II will have to change its name.-Chicago
Tribune.
I'm olden days poets sang to the moon. :"
said the bard with the unscissored locks.
HIM muttered the pretty girl, without
a smile. n wonder the moon is dead
Chicago News.
Husband-My dear, you've got the social
bee in your bonnet.
Wife, haven't any such thing!
small Boy-Ma's right, pop. It's a wasp!
Baltimore American.
Miss Bridge Fiend-O, Mr.. Frost. I'm
afraid you've been playing cards for money.
Mr.. Frost-How do you know?
Miss Bridge Fiend-Your game has i'm
proved so.-Brooklyn Life.
I Mr.. Henpeck-My dear, please don't call
me Leo" any more. -
Mrs. Henpeck-What foolishness are you
thinking about now? Why shouldn't I call
you "Leo?" That's your name.
Mr.. Henpeck-I know, but II makes my
friends laugh when you call me that; I
was thinking you might call me JOB just
for a pet name.-Philadelphia Press.
Omaha daily bee., 1908-09-06
VICTIMS OF PEACE.

Again the doctors of the country
have spread before the world the roll
of victims of the insane notion that
patriotism is best shown by explosion
Of g%unpowder. On the last Fourth of
July los lives we're offered on the altar
of celebration" 104 persons lost
either one or both eyes and $500
others were injured in some degree.
This is an appalling list, and more
than justifies the inquiry as TO whether
the exuberance of American spirits on
the country's birthday can not find a
less dangerous but equally satisfactory
outlet.
Every one of these unfortunates, y
says the Journal of the American Med
ical Association, which has gathered
the statistics, represents IN absolutely
unnecessary and wanton sacrifice to a
senseless and baTbaric sacrifice of what
constitutes a good time and is an
additional evidence of the cheapness
CT human life in the United States.
| Il IlNlh lOlS, Nv 6lColOl paw VI NhSSN
casualties represent actual violation OF
tn. law, for there are few towns or cit
les which have not statutes f%orbldding
the useiof revolvers and cannon crack
ers, at least, in Fourth of July celebra-
tions. But, no matter how much agi-
tation there may be, or how much legis.
lation the city fathers may provide
the spirit of independence continues
to manifest itself by violating every law
of public safety or common sense, and
patriotism is attestel by loss of lives
fingers, eyes and cuticle. All this alb.
surd personal and civic m|utilation is
after all, but one Of the many NANTES.
tations of the disregard for life anG
property with which our country con
~tinually shocks and amazes the rest Of
the world"
No account is here taken OF the loss
to the community in the way of pc.
tential wealth as the result of the
This item should be enlarged to the
sum totaled for actual destruction o.
property and the expense of maintain
ing the crippled survivors of the an
nual inferno of Independence" ant
the cost in wealth will be apparent
While efforts are being bent to save
life and property in other directions
this field would seem to invite atten
ton. Let us have a safe and SAM
Fourth of July.
Omaha daily bee., 1908-09-06

to limit such loans to a certain per
cent Of the total loans of the bank, the
object being to place a limit upon dis
counts of commercial paper emanatlng
from a single source or from sources
which are closely related.
In addition to these suggestions, 1t
is recommended that duplicate reports
be made to the comptroller of the cur
rency, thus preventing the doctoring of
bank books for the purpose of deceiv-
ing bank examiners. The national
banking system is already strong, but
It would seem that it would be fur
Their strengthened by the adoption of
the changes suggested.
Omaha daily bee., 1908-09-06
TIMBER As 4 z

The experience of New York in deal
ing with large areas in the Adirondacks
that have been denuded of their forest
growth is commended to the people of
Nebraska. 1t deserves attention from
the legislature. The operations of the
Forestry department of the state gov
eminent of New York include the
termination of seeds of the white pine,
and the care of the sprouts until finally
t~ransplanted to the wild land, where
they are left to nature. Last year
about 1000, 900 seedlings were trans
planted. Many young evergreens have
been sold from the state nurseries to
farmers, who are rearing them as pri-
vate ventures. 1t is not expected that
the present generation will derive much
profit from the state forests, but the
succeeding generation will, for by that
time the trees will nave attained such
growth as will provide 10000 to 10, 900
feet of white pine lumber per acre.
The process Of planting is carried on
in such way as will practically insure
a steady supply Of lumber for all time,
Omaha daily bee., 1908-09-06
SuPernuous scrIbbIers
New York World.

New lOIk WOTIu.
away with all this superfluous scrib-
BILE" wrote the crown prince of Germany
on a bundle Of government reports sub
mitted by the minister Of the interior.
This idea if enforced in the United States
would be equivalent to saying, off with
their heads to a lot Of government en-
ployes, and a good part of the business
of government as practiced is to provide
patronage for the politicians.
Omaha daily bee., 1908-09-06
olive Wire" i'm the Campaign.
Kansas City Star.

Some surprise is expressed because Mr..
Taft has shown himself to be a real live
wire as a ~campaigner. But a man who
has been a live wire in great national
who has never undertaken anything
that he has not mad a success, might have
been counted on to rise to the demands of
a hard campaign.
Omaha daily bee., 1908-09-06

A number of New Yorl; girls have
agreed never to MARI men who do not
shave every morning and put On clean
shirts before breakfast, Those girls
are perhaps unwittingly aiding the
president in his scheme to keep the
boys On the farm
Omaha daily bee., 1908-09-06

why is it," asks Mr., Bryan, that
the republican party is so much more
~extravagant than the democratic party
in the expenditure Of public money!"
Chances are it is because the demo-
Gratis do not have a chance 10 spend
public money.
Omaha daily bee., 1908-09-06
Right stuR for Hot Country

NOW IUTh NUIIU'
In inviting Captain "Bin" Mcdonald to
go with him on a hunting trip in Africa,
President Roosevelt probably remembers
that the old Texas ranger is the man who
was said to be brave enough Ito charge
hell with a bucket of water Africa is
a hot country.
Omaha daily bee., 1908-09-06
Overproduction of Law.


Far more than we need new laws we need
to obey the laws we ave. We need a great
revival of obedience to and respect for law,
and that feeling is not encouraged by en-
acting so many statutes that even lawyers
no longer pretend to know the law until
they look II up,
Omaha daily bee., 1908-09-06

Mr.. Bryan thinks much more Of
John A. Johnson, candidate for gov
ernor of Minnesota, than he did Of
John A. Johnson, candidate for the
democratic presidential nomination.
Omaha daily bee., 1908-09-06

The Chicago & Alton has ordered
1000 steel cars n the Commoner de-
nounces It as "a desperate campaign
trick" Returning prosperity will find
no Welcome" mat at the door of the
Commoner.
Omaha daily bee., 1908-09-06

An Oklahoma doctor who chopped
the head from an intoxicated friend
was fined 500. The folks in the new
state are mighty careful about protect
ing human life.
Omaha daily bee., 1908-09-06
Running Ahead of the Game.

A discovered shortage of 100000 in the
Havana postoffice would seem to indi-
cate that the Cubans are not slow to fol-
low up Yankee initiative in predatory en-
terprise.
Omaha daily bee., 1908-09-06

THE negroes will all vote for
Bryan" says Colonel Wattersoh, who
loses none Of his capacity for being
funny as the years pass on.
Omaha daily bee., 1908-09-06

Marry a bright woman for success
and a pretty one for happiness" says
an exchange. Just try it and see how
quickly you'll be arrested for bigamy.
Omaha daily bee., 1908-09-06

That Pullman porter who returned
Mr., Bryan's wallet containing $500
will doubtless have his name printed
in the list of donors to the campaign
fund,
Omaha daily bee., 1908-09-06

The n in which it is support
ing a candidate it thoroughly dislikes
ought to entitle the New York World
to one of Mr.. C~arnegie's hero medals.
Omaha daily bee., 1908-09-06
An Appealing Campaign Cry.

Washington Herald.
There Is something about this 'guaran-
teeing Of bank deposits business that APP
peals to us. We should certainly like to
be guaranteed a deposit every morning.
Omaha daily bee., 1908-09-06
A Dehcit Explained.

WashingtOn Post.
The falling off in the number of stu
dents entering the medical colleges may
be due to the increasing demand for good
base ball PLAYERS.
Omaha daily bee., 1908-09-06

The nursery vote will be for Mr..
Bryan II he will devise some scheme
for guaranteeing the deposits IN the
babies banks.
Omaha daily bee., 1908-09-06

"Wha becomes of all the pins?'
asks an exchange. They get stuck.
Omaha daily bee., 1908-09-06

WHEN OUT OF TOWN.
Subscribers leaving the city tenn
%porarily should have The Zee
mailed to them. Address will be
changed as often as requested.
Omaha daily bee., 1908-09-06

II Mr.. Gompers had an idea that he
could control the votes of the laboring
men of the country he would pc run-
ming for president himself.
Omaha daily bee., 1908-09-06

II Castro must be spanked there
should be no objection to the job being
done by the nation hat wears wooden
shoes,
Omaha daily bee., 1908-09-06

The New York World has come out
as a democratic organ, but still admits
that 1t does not know just what a dem
ocrat is.
Omaha daily bee., 1908-09-06

How old is Adlai Stevenson" asks
q reader. Don't know exactly, but he
is old enough to know better.
Omaha daily bee., 1908-09-06

The democrats are up to their old
trick of predicting a landslide while
expecting a snowslide.
Omaha daily bee., 1908-09-06

If Mr.. Bryan could have his way
doubtless he would assign Mr.. Parker
to do all his speech-making in Penn
s~ylvania.
Omaha daily bee., 1908-09-06

Mr.. Bryan should offer an amend
ment providing for the guaranty of
money deposited in Pullman berths.
Omaha daily bee., 1908-09-06

what is American humor?" asks
the New York Times. Well, most Of
1t is Irish.
Omaha daily bee., 1908-09-06

It is pleasing to note that every
thing is now Pacific at Atlantic City.
Omaha daily bee., 1908-09-06

A law guaranteeing the percentages
of the base ball teams would also help.
Omaha daily bee., 1908-09-06

Back to names once more, Mr.. Trot-
ter, a candidate for the Legislative
nomination in Missouri, won in a walk.
Omaha daily bee., 1908-09-06

Remember where o left the storm
door?
Omaha daily bee., 1908-09-06
srArEMnNr On c1RCuLAT1oN.

state OF Nebraska. Douglas County. IS:
George B. T~zschuck, treasurer OF Ihe
Bee Publishing company, being duly
gvorn. avs tina the actual number OF
full and complete copies of The Daily,
Morning, Evening and Sunday. Bee printed
during the month Of August, 1908, was as
Omaha daily bee., 1908-09-06
THE OMAHA SUNDAY BEE
OF sIrnsCnTPTIoN.

TERMS OF SUBSCRIPTION:
Daily Bee without Sunday. enc year. 800
Daily Bee and Sunday, one year......... 90
DELIVERED BY CARRIER:
Daily Bee INCLUDING Sunday, per week. .i5c
Daily Bee (witEUut Sunday, pcr week. NC
Evening Bee without sunday, per week &c
Evening 81. with Sunday per week. NC
Sunday Bee, ono ~
Saturday Bee, one year......... ... iSO
Address all complaints Of irreEularltiss
In delivery to City Circulation Department.
OFFICES:
Omaha-The Bee Building.
South Omaha-Ctty Hall Building.
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Chicago-i5iS Marquette Building.
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CORRESPONDENCE.
Communication relating to news and
editorial matter should be addresEed'
omaha Bee, Editorial Department.
REMITTANCES.
Remit by draft, express or postal order
payable to The Bee Publishing Company:
only 2-cent stamps received In payment OF
mail accounts. Personal checks, except On
Omaha or eastern exchanges, not acceptep'
Omaha daily bee., 1908-09-06

It would be absurd to insure prop
erty to the extent of less than one
years income, yet the average wage
Garner is insured for 14% less than one
years wages. Are you above the aver
age7
THE EQUITABLE LIFE ASSURANCE SOCIETY
Strongest in the World.
III. ID. Nicely, Manager
Omaha, Neb.
Omaha daily bee., 1908-09-06

Mr.. Phusser-Cynthia, l have Joined a
Don't Worry club.
Mrs. Phusser-I am sorry for the club.
It Will have to change its n~ame.-Chicago
Tribune.
Omaha daily bee., 1908-09-06

I'm olden days poets sang to the moon. -
said the bard with the unscissored locks.
HIM! muttered the pretty girl, without
a smile. mo wonder the moon is dead
Chicago News.
The Springfield herald., 1908-02-28
Course In Forestry.

Fort Collins-President Aylesworth
of the Agricultural College has made
the following announcement:
"a short course in forestry will be
held at the Colorado Agricultural col
lege. commencing Monday, March 1G,
1908, and continuing four weeks. The
course will be under the direction of
F. w. Morrell of the United States
forestry service, who will be assisted
by members of the faculty of the agri
cultural college and experts from the
forestry service The course is open
to all interested in the many phases
of this important subject and a special
invitation is extended to city officials,
farmers, lumbermen, high school stu
dents and students of colleges and uni.
versities. Among the subjects which
will receive attention are forest man
agement. range and forest laws. study
of timber. its measurement, uses and
preservation; the entomology of for
ests, study of insects and diseases,
government field work. forest admins
tration. protection and transportation,
forest types, principles underlying the
life history of trees. forest physiog-
raphy, photography and many other
topics of interest, such as packing.
numbering. etc, as applied TO Colorado
forestry
The Springfield herald., 1908-02-28
On Carneaie.

Andrew Carnegie, at dinner that
was recently given in his honor in New
York. told an amusing story at his own
expense.
Il was travelling on an English rail-
road Londonward last year" he said,
land had chosen a seat In non smok-
ing carriage. At a wayside station a
man boarded the train and sat down in
my compartment, and lighted vile
clay pipe.
This is not smoking carriage
said l.
All right governor said the man.
I'll just finish this pipe here
He finished 1t, then refilled 1t again.
See here,' l said. I told you this
wasn't smoking carriage. II you per.
sist with that pipe shall report you at
the next station to the guard
Il handed him my card. He looked
at it. pocketed 1t. but lighted his pipe
nevertheless. At the next station, how
ever, he changed to another compart-
ment.
Calling guard, told him what had
occurred and demanded that the smok
er's name and address be taken.
Yes, SIR said the guard, and hur-
ried away. In a little while he re-
turned. He seemed rather awed. He
bent over me and said apologetically:
DO you know, sir, if I were you
! would not prosecute that gent He
has just given me his card. Here 1t Is.
He is Mr.. Andrew Carnegie"