davidaulloa/AmericanStories huggingface dataset:
The Lee County journal. (Leesburg, Ga.) 1904-19??, 1908-01-24
MILLIONS HELD
BY THE BANKS
Many industries in Various Sec
tions lake on New Life.
OUTLOOK IS ROsEATE
New York Banks Show Increase Of Cash
on Ha1d Of s26,1ss,ooo over Previous
Week-Reports Encouraging.

A telegraphic request to various
towns, especially in the south, for in.
formation on industrial conditions has
brought remarkably favorable re-
sponses. Prosperity and healthy nor
NAL industrial and commercial condi-
tons are returned throughout the south
and middle west.
The railroads, iron and steel mills
and coal mines, which are Americas
barometer Of trade and industry, report
a general resumption In all parts of
the country Banks have plenty of
money to lend, and are fostering the
industries. Payrolls are increasing in
mills and factories, and business houses
are taking back men who were sus-
pended. Prospects are declared bright
Ter than at any time since the financial
furry in New X ork drove money into
hiding. This money is. again il circu-
Iation.
From all parts of the country come
reports of the resumption Of those in
dustries, .sYhicR were temporarily at
fected BY the furry in Wafl street Men
Esare returning to the mills, the mines
and the factories. Railroad work is
proceeding healrhily and construction
work is being projected. II
The trade in groceries, dry goods,
grain, iron and other branches, all re-.
port good Improvements. Z
Is A tremendous flow Oh cash from the
,banlts throughout the country to the
New York city banks was indicated
Saturday by the bank statement which
showed an increase Of $26, 185,SOO in
the amount Of cash held by the New
York clearing house Institutions. This
increase in cash is not thought to be
a record one, but it is believed to ap-
| proach within few millions of the lar
gest increase ever recorded In a single
week In the city. Financier declare
thatsit showed clearly that the interior
banks were entirely treasured by the
showing of the banks last week, when
for the first time since October a
surplus of reserve was established in
the face of the defic't which had long
existed. In consequence the interior
banks were sending their surplus and
cash to New York where it found en-
ployment not only. in the stock market,
but in financing at least one large bond
issue by the New York Central and
Hudson river railroad.
The return of this amount of cash
from the interior was regarded by the
bankers in New York as the end of the
pevioust disposition to withhold cash
in the interior and zas showing that
there will hereafter bssno shortage
of .fdndse for all legitimate purposes.
An increase in the surplus reserve this
week Of $16;551,425 bringing the. surt
plus. up to $22,6S5, AIS, shows 'that.ths
position !. of the ], banks. As greatly
strengthened over 1ast week notwith-
standing the renewed activity in the
stock market and the increased loans
incident thereto
The Lee County journal. (Leesburg, Ga.) 1904-19??, 1908-01-24
cORTELYOU TO RESIGN7
Seemingly Anthsntlc Rumor That Ssers-
tay N Treasury WIN Soon
Quit Cabinet.

"a Washington special says: That,
Secretary ,,of the Treasury CortelyCu
will resign from the cabinet at ain
early day seems assured beyond . rear
sonable doubt. Postmaster General
Meyer will probably succeed him.
Vague rumors OF a break between the
secretary and the president have been
floating around ever since the. publicar
tion Of the announcement that plans
were on foot to secure II possible the
Republican nomination for Cortelyou
The first lieutenant Of Secretary Cor
telyou in this campaigniwas understood
to be Frank II. Hitchcock, ntst assist
ant postmaster general
It was labeled a conspiracy" and
was followed BY the report that the
president had squelched the incipient
boom. In some quarters It had been
made. to appear that the president was
neutral as between the secretary OF
war and the secretary Of the treasury
This was vigorously. denied by the
friends Of Secretary Taft and from the
white house came unmistakabla evil
dence that President Roosevelt strong
ly favored Taft for The nomination,
first, last and ali the time.
Following this deVelopEhent:S ecretary
Cortelyou was reported as having said
he had been given a DIN cough DEAL
at the white house, His resentment
against the presidents. siucas has been
evens greater thigh the presidents ilE
will toward him. A. number Of shsrp
clashes betweea the two are said to
have culminetease January 8 In an
interview following cabinet meeting.
IN which Secretary Cortelyou told the
presidents he, thought 1t best that he
should retire from the presidents OfH-
cial family @ The president agreed
WEE spllus m. - ..ts4 MS
I, The delay In the. transmittal Of tins
formal resignation IN writing is said
to be due to tie conscientious belief or
Secretary Cortelyon that ne should re-
main at.his post until all yestige Of the
recent panic had, disappeared and until
certain rmatonssrelativt to the
treasury department, requested BY res
olutions offered by sdnators CulbsrsOn
and Tillman. mad been furnished to che
senate. III y .s Il
Another explanation OF the present
situation when. Is being credited II
that the president Is attempting to
make Secretary sCortelyQn the scaps-
goat for all criticism leveIed at the adj
ministration ON account Of the relief
measures taken during the recent
panicg Bpth:Ahe issue of- bonds and
either, securities, as well as the deposit
OF some 1fty or sixty millions Of CIV
eminent money In Wall street, has been
conf enned IN the senate.
& 1t ~ believed that Mr.. Meyer would
leave IFS present post aay head OF the
posfofcs 'depgftnehtaand accept the
treasury portfolio with reluctance. Ha
'is much Interested tHtcarging forward
certain plains 2or the Improvement Of
the service, but hesis oohaldered by ths
presfdent-as pre-emjnentlE the business
maf OF Observation-Disclosures and VIII 40
IcordihE1y be- advanced TO the treaE
fry post:I - ',y,rs.
TT rs reported; that Secretary Cor
0teiyons will accept thes presidency %
the reorganfzsdy Knickepbocker Trust
sc6hpanySof-N New York.
~ ~ . II - ~ !.
lN ffaA NaYER GETS INTO TROUBLE.
The Lee County journal. (Leesburg, Ga.) 1904-19??, 1908-01-24
JURY C0NvICTS WALSH,
Chicago Bank Wrecker Found Guilty of
disappointing Seven Millions
of Funds of institutions.

of Funds of institutions:
John R. Walsh, president of the de-
funct Chicago National bank, was
found guilty Saturday of misappropri-
ating funds of that institution.
The penalty under the law for the
crime for which Walsh is convicted, is
Imprisonment for period Of notices.
than FIVE yeapB .dt does not p9rInis
of the substitdtfonf Of 9asnne for, the
prison term. He was found guilty on;
81 counts. Is
The original indictment contained
1872 counts Demurrers were sustained
as to 80 counts which left $50 upon
which the jurors were required to
pass. 81,
/ walsh was present in the courtroom
and received the verdict withalittle
show of emotion. J, On the contrary. one
Of the jurors, Ebert Palmer, Of Har-
vard ILL.,, burst into tears as he, took
his seat in the jury box and was so
overcome Turing the proceedings that
he was Slarcely able to answer the
clerk whgh asked if the finding repre-
scented bis view as to thesguilt sof the
defendaIt.
+ !. The emotion shown by Juror Palmer
upon the polling 81 the jury caused a
lutter of excitement among the specfa-
tors. As the juror sank into his chair,
burying his face in his hands, Attorney
Miller rose to his feet and demanded
that the Juror be further questioned.
"Mr.s Palmer, is this your verdict? ?"
asked Judge Anderson Answer me-
Palmer nodded his head weakiy..in
the affirmative, and made q reply In
audible to any but the court
81 suggest" said Attorney Miller,
''that Mr. Palmer be required to repeat
his answer" j.
''This is not necessary" replied
Judge Anderson. "He has answered
yes"
zone of my associates" said Mr..
Miller, understood him to say some
thing else. It is suggested to me that
the juror said he would have to say
yes"
"That is the same thing" replied
the court. amy juror understands that
when he signs "a verdict and has
agreed to it, he has to say that he did
So" &&
The remainder Of the jurors were
polled and each answered boldly in the
affirmative. The jury was then dis
charged.
Formal motion for new trial was
made and Judge Anderson set the
hearing of the arguments for January
%. Walsh was allowed to remain at
liberty on the same bond, $4,000, which
had been given after his Indictment by
the federal grand jury. s''''
The charge aaginst Walsh grew out
of the closing in 1905 of the Chicago
National bank, of which Walsh was
president, and its allied institutions,
the. Home Savings bank and the Equit-
able Trust company, Walsh was ac-
cused of having loaned funds Of these
institutions aggregating some sixteen
rni11ions of dollars on fictitious and
insuficiently secured notes to nearly a
score Of struggling enterprises which
he himself had founded and practically
owned. Many Of the notes, it de-
veloped at the trial, were signed with
out authority, in the names Of various
employees of Walsh. The directors Of
the bank testified that they we're not
consulted by Walsh as to the making
of these loans and that they knew
nothing of them. "a
The Lee County journal. (Leesburg, Ga.) 1904-19??, 1908-01-24
REPORT OF RECEIVER
Showing Assets and Liabilities Of Broken
Neal Institution at Atlanta =
Presented. in Court.

h
According to the report Of the re-
ceivers filed in the superior court in
Atlanta Friday, in answer to the petit
ton Of several, creditors, the liabilities
Of the Neal bank exceed the assets,
minus all worthless claims and those
on which something may be realized,
by s26O,5lS.s1.
The report. which can hSrdix be
tonsidemd a, co.pplete 42ne, in View
of the haste with which it was pre-
pared, has the assets, notS Including
bad debts, at $2,449,S6f.17 and the liaT
bilities at $2,7O9,SS7.44S
Including all accounts the total as
sets are $S,159,725,S2, well above the
liabilities.
This report was gotten un for. the
hearing Of the intervention Of the state
Of Georgia in Judge Ellis court, bit
carried over until, Monday'on the mo-
tion Of Attorney r. M. Blackburn, who
represents several depositors, who OBJ
ject to the state being made a pre-
ferred creditor, as it desires to, in order
to- recover some 100000 in taxes on
deposit when. the Neal bank failed.
These directors allegeg that from De-
cember 8 to rs the state made deposits
amounting to $4,000 when the bank
examiner had charge, and they hold
that he should have then had knowl-
edge ofsthe condition ,pf the bank, and
should not have taken the risk.
ATTORNEY General Hart agreed upon
thes continuance Of the case, but stated
that the points in question were pure
ly ones of law.
The Central Bank and Trust Corpora.
ton, in answer, to the intervention Of
THE state, alleges that e$192s5O2.90 was
credited to the state at the time Of the
closing Of the bank; $22, 3S2s43 was re.
ceiYed from T. 3. Floyd, tax receiver
Of DeKalb county, running the total
to over 100000 The answer further
showed that the state was indebted to
the bank to the amount of $4,000 in
two pronissory notes, due January Is
of this year. One Of the notes was
placed with the Citizens National bank
OF Baltimore to secure loan Of $685.
900 made to the Neal bank.
The Neal bank is debtor to the At
lanta Clearing House Association for
$17O,988, balance due on a 100000 is
sue Of certificates. AS security for
these $295S5S.2O was deposited with
the Trust company of Georgia, $29. 0O2
of this having been collected. 1t will
be necessary to settle this indebted
ness before March to redeem THIS
collateral. This, Of course, is set out
In the answer. y
Furthermore, the Central Bank and
Trust Corporation has evidences ofsin.
debtedness against the Alabama SUI
phur Ore and Copper company, totals
ing $277,OOO and in order to ssecuSe
these it will be necessary to spend
in the neighborhood Of s25OoO.e sDhe
matter of the states prior ciaim'is set
out asa matter of lay 'Assss.
n Judge. Ellis + stated at ths.SAtart ! Of
stAe hearing that he Vas IessllSadis,
.Qualiaed on tie case, asshe.ptasra Do.
positor in the Neal bank, but the at
torneys involved waived the, diSausais
fcations -, t@ess nm fs;
ss-i5ees yet "A
The Lee County journal. (Leesburg, Ga.) 1904-19??, 1908-01-24
GIRLS JUMP TO THEIR sDskTE:

Fatal Stampede and pabis Results from
= Fire in Knitting Mills; .k*'
z Three, girls were killed, ten Seriously
Injured and score or4more slightly
hurt at q ags, III the Imperial ]. Knitting g
scompaAy's. mill at Scranton, "a, Fri.
day. "f~ '1ra. aha /,
Eightg-hve girls wefe.et work on the
third floor when the fire broke out on
the, ground floor 1t quickly assembled
the elevator shaft, and drove the girls
panic stricken; tO~the. window opening
on the FIRE escape. The girls. on the
upper part Of the IRE, escape crowded
those in front. With-the flames envel''
opiug them half Of them jumped from
the third floor. = ~ r
-
The Lee County journal. (Leesburg, Ga.) 1904-19??, 1908-01-24
TALK OF WAR is REVIVED

Through Admonition Of President That
Honolulu Be Fortified.
'Fortify Hawaii and fortify it quick, .
was the highly significant remark made
by President Roosevelt few days
ago to Senator Dolliver of Iowa that
has renewed in Washington the talk
of war with Japan. .s.~. ,,,ss
The presidents utterance is7 regard
ed as an indication Of the administra-
TONS apprehension and its anxiety to
be prepared for any emergency that
may arise.
The Lee County journal. (Leesburg, Ga.) 1904-19??, 1908-01-24
6BEDIENcE AvERTEp CIVIL WAR

Declaration Of Federal Judge Jones Created
y rsshrprise in Alabama Court. ! I
{ Judge Jones Of the United States
court at Montgomery, Ala, hearing the
railroad litigation, stated from the
bench during the argument of Judge
Weakley for the state, that the state
judges by obeying the Injunction Of
the federal court when they were arg
ed to. .disobey it by other interested
parties, prevented a civil war
4 He made this statement when Judge
Weakly had Just completed his argu
ment about the federal court mot, haN
ing Jurisdiction ib-the matters@and that
it was matter Of the state judges,
- 81 49, go Z,
The Lee County journal. (Leesburg, Ga.) 1904-19??, 1908-01-24
y LAWYER GETS INTO TROUBLE.
charged BY UScEo sasA with Attempt
~ q peffaudA Through Mails.

Z n
chafies NJ Davls,saan attorney Of
Home, cd, 'wsss Wednesday arraigned
7. S;store UHited States ~ Commissioners
'Printsp iii Rome, enlarged with attemp-
taa6sto defraud ibyg using the mails.
1.-THE -goyaFDment win make an enort
to. sbow, that during the circulation Of
clearing RotIss Certificates Davis went
to Phfiadeiphia, where he negotiated
with d .pfintingahouse for the produc
ton ef $4,000 Of these certificates, he
alleging. it A. stated, to be- membeE
OF the Atlanta clearing house The
printers bscaife suspicious and notified
the secret services whU&urned the nas
tel over to- the postal authorities.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-02-03
ADJUSTMENTS TO-DAY.
COME IMMIGRATION FIGURES.

An analysis of the figures OF the last
report of the commissioner of the i'm
migration shows that the ratio of male
to female immigrants is very large.
This is not surprising, because we
have all generally understood that the
great bulk of foreign immigration was
composed of men. But great many
women do come TO the United States
as immigrants.
Little ROumania sends almost as
many women as men. the figures for
the year covered by the commission
er's report being 2299 males and 2,OS5
females. Turkey shows a dispropor-
ton the other way There were 2O173
men and only 594 women immigrants
from Turkey last year. From Greece
there came 35.l5l males and 1,429 fe-
males Bulgaria, Servia and Monte
negro sent 11,165 men and 1874 women.
Austria gives US 100, 500 men and 1908
women; Hungary, 148,33S men and As
122 women Finland and the Russian
empire sent 169,7 $50 men and S9,157 wo-
men. It will be seen that the proper
ton ranges from approximately two to
one to about four to one. The British
empire does better. England sent 95.-
1902 males and 15,5O3 females; Scot
land 1880 and $3.50: Germany. $4,000
and 12.750 Sweden. 12,4OO and S.27S.
The fact that comparatively few wo-
men come over as immigrants is un-
derstood by some TO indicate that the
foreigners do not intend to become
bona fide citizens of the United States
They expect to toll here for few
years and accumulate enough money
to take care of them the balance Of
their days in their Netherlands They
do not bring the women because the
women would be an additional expense,
and the time required to accumu-
late a competency would be that much
prolonged. Still it is undoubtedly true
that thousands of male immigrants
come TO this country and become so
attracted by-it that they change their
minds about permanent residence and
send back 10 their homes for their wo-
men folk. Also they very frequently
marry American girls or the daugh-
ters of other immigrants who have
married American girls.
The great problem in immigration is
not so much the disproportion between
males and females as it is to devise
methods of securing a better class of
immigration Our educational test for
immigrants is by no means effective,
nor is it far-reaching enough. And
that is a matter that congress must
adjust at an early date.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-02-03
AN EXCITING MOMENT.
Football Game That Wasn't Won,
but Wasn't Lost Either.
cleveland Plain Dealer.)


i've heard of all kinds of heart
strains in watching horse races, and
I've read how the winner of a million
or more or less faints when the favor
lite wins by an eyelash on the wire
but I'll bet that for concentrated ex-
element nothing ever beat an expert
ence of my college days" said the old
ster.
I'VE were booked to play a football
game with a New England college that
was first rater and had that season
beaten some of the crack teams.
had been rather extravaganza that fall,
but in a few games before this one ]
had managed to clean up n good bit Of
money by betting. | was almost on
easy terms with myself but I needed a
little bit more.
so l decided to get a bet down on
the game. The visitors were coCky
and l didn't have much trouble. If |
won l was all to the good; if l lost
had to quit college pretty much in
disgrace at home and in debt every
where else.
Judged from what I had been told,
that game should have been easy for
our team. But it wasn't, and when
the end of the game was near we were
behind, 10 to 6. We weren't anywhere
near their goal either, though we had
the ball.
ut wasn't very long afterward that
our team woke up and began 10 shove
the ball down in great style, and things
looked bright fer me and my money
when I heard someone say;
'Forty-five seconds to play
We'll, that took all the ginger out
of me at once. There we We're about
twenty yards from the goal. but hard
ly time left for touchdown, even in
two plays.
4 was getting all ready to go, des-
perate as you can imagine, when in
pops a fellow, on the field, a substi-
tute quarterback He was put in as
a last resort of some kind because it
was his first try that year in a game
of any size.
We'll. he tried one rush play and it
didn't work. 1t used up some good
seconds, too. Then he dropped back
to attempt to kick a goal from the
field
Say. it was a hard chance. There
he was about twenty-seven yards away
from the goal as he stood away over to
one side. where the field was all soft
and spudgy. and it was getting dark
er every minute. 1t looked like a mill
lion to one.
We'll, he got the ball from the CEN
tire, the opposing forward came smear
ing through, and it looked like good
night. But the ball was off, and IT just
lazily floated and waited over that goal
post and scored for us.
THE score was a tie, 10 to 10, and
saved my money. Whew! The game
ended about three seconds later.
Say, l was willing TO do almost any
thing for that fellow. The queer thing
was he never was heard of again after
that"
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-02-03
ROBERT E. LEES MOTHER BURIED ALIVE
VICTIM oF A REMARKABLE CASE 0F PREMATURE MTERMENT
AZURE INTERMENT

and entirely too often exercised. en-
tered the vault and tried 10 take val
liable ring from Lady Edgecumbe's
finger. During the sections efforts to
secure the ring by pressing and
squeezing the finger. the body moved
almost to one side. This sudden awak-
ening of the dead caused the sexton
to flee in terror. leaving his lantern in
the vault
!. Lady Edgecumbe succeeded in extri-
eating herself from the casket. and
taking the lantern which the fright
ened sexton had left in his fight. she
walked to her home. Under careful
treatment she regained her health, and
five years after this Sir Richard was
born.
\ Another notable case of reviviscence
was that af Ebenezer Erskine, one of
the founders of the United Free
church of Scotland who was born
after the burial of his mother. Mrs.
Erskine. While in trance, was pro-
nounced dead, and was buried in a
grave, there being no vault. The
gravedigger had noticed a very costly
diamond ring on the finger of Mrs
Ersxine and he determined that he
would that night open the grave and
secure the ring. Stealthily he removed
the earth from the newly-made grave
and opened the coffin. The ladys hand
had swollen and the gravedigger could
not get the ring off the finger, so he
was in the act of cutting off the finger
when the supposed corpse gave a loud
shrek. Perhaps no man ever vacated
a graveyard quicker than did the
graVediggeT, and Mrs. Erskine arose
from her coffin. hurried to her home
and lived to become the mother of one
of the greatest pulpit orators Scotland
ever produced.
Henry F. Hupers, at one time a large
planter and cattle owner of Beaumont
Tex. was born ate the supposed
death of his mother. Mrs. Hupers,
like Mrs. Lee, suffered from cataiepsy.
and while in a long trance her physi-
clan pronounced her dead. She was
placed in coffin, but Just before the
funeral service she opened her eyes
and asked in faint voice for a drink
of water The gTief-stricken family
and sOrrOwing friends were greatly
alarmed and frightened over this sud
den coming to life, but the water was
pressed to her Inns and in a few mo-