Evening star., 1908-01-29
Ranks and Circulation.

Banks and Circulation.
Dr. W. II. Hickey OF Leipsic. Ohio, In
quires about 'the entire capitalization OF
all the national banks in the states and
territories. and the amount OF their is
sue. which is much less than their capt
talization." And he asks why not give
the government the power to force them
to issue up to the limit in times like
the recent furry? This would certainly
give an elasticity to the currency. There
could be taxation to force a retirement
when the currency is not needed. or, on
the other hand. IL it would not harm the
banks reduce the tax so that people
could have money at a less rate or IN
terest."
The following table will show the cap
ital. surplus. undivided profits and cir
culation of the national banks of the
country in January, 1907. while the coun-
try was at the height of its prosperity
and compared with December, 1907, in the
midst of the recent depression:
Capital stock paid in $500. $50 50. seol .ssl $50
Undivided profits .lss. 7os oss go sos @ ss ass
Notes outstanding 54o. 4sl .01o 6Ol ,soo,9so
UNIQUE Educational Institutions.
There is in Washington the only insti-
IL
ton of deaf and dumb young women,
and DR.. Gallaudet tells me that, includ-
ing the thirty-eight undergraduates In
college at present, 195 young women have
come as students from thirty-four states.
the District of Columbia and Canada
considerable proportion of them have
married not long after their graduation.
Quite a large number have been given
and are still filing positions as teachers
in various schools for the deaf through
out the country. and have accepted posi-
tons as clerks assistants in libraries. etc.
There is no other institution in this coun-
try. or in any other country, that gives
a classical education for the deaf and
dumb.
WASHINGTON also has the only college
OF law for women in the world, although
Ii is open to members of the other sex
and several young men have taken ad-
vantage of its privileges. The College of
Law for Women was organized In 1895
by Ellen Spencer Mussey, widow of
prominent lawyer and gallant soldier
of the civil war. and among its faculty
are several attorneys of high reputation
in this city. There are also, in addition
to Mrs. Mussey. four women instructors
Prof Emma NJ. Gillette. Prof. May
Wood, Prof. Harriet Freebey and Prof
Helen Z. Jamison. Prof Wood is an
There are now forty-three students
eleven in the senior class. twelve in the
Junior class and twenty in the fresh
man class. who come from the following
states:
Ss,r,, Ssw >, Goiamp. fsnasy,Isns Ssass
XiTsia.a IIsnIs ~ : csiisesais csn9essfs
Maryland ...-... 81
and ore each from Ohio. Rhode Island.
Connecticut. Vermont, Indiana. Georgia,
South Carolina. North Carolina, Wfscon-
sin and Minnesota.
According to the register there have
been thirty-eight woman and six man
graduates. including one woman from
Uruguay and one from the Philippine
Islands.
Work Of the Law College.
Dean Mussey. in answer to my in
quiries concerning the work Of the col
lege, said: while the college was estab-
lished primarily for women because the
other law schools for white students did
not admit them, yet It's doors are open
with catholic liberality to the would-be
student without distinction of sex. or
the graduates up to the present time III
per cent have been men. and the faculty
feels that experience has justified the wis
dom of the original plan Of the school
in the direction of co-education.
'"The reasons advanced as to the i'm
portance of the study of law for MEN
apply equally we'll to women. In all
business relations OF life they are gov
erned by the same laws. The woman
wage-earners Of this country are num-
bered by millions. and with the respon-
sibilities upon them it is necessary that
| they improve their earning capacity by
such training as will command higher
range Of employment or fit them TO enter
| independently the learned professions
| With the enormous growth of business
| combinations and relations there is a
demand for skilled legal advice In every
new issue as 1t arises, and there Is every
reason why the well-equipped woman
| should meet with the same success In
the law that she has compelled In every
other learned profession