davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1908-03-15
CENTRAL BANK NEEDED.
Belief that One Il NcccsSary-TIyO
Such Institutions in Past.

The idea of the establishment OF a CEN
tral bank seems TO be growing in favor.
and it would not cause much surprise in
some quarters if something definite along
this line was done during the Lresent
year. OF course, the establishment OF
such an institution would be fought by
the large national banking institutions Of
the country but it is a question whether
they could prevail against the crowns,
favorable opinion.
In the country's history there have al
ready been two such banks. The first Of
these was established by Congress in 179f.
Il WAS successful. but when its charter
expired. in 1911. the organization OF the
State banks. which az that time issued
currency, was so strong that the opposf-
tion 20 a renewal of the Central Bank
charter was successful. Then followed
the war of 1872, and in 1914 the State
banks suspended specie payment. Con-
ditions got so bad that in 1915 the pub
lie demanded the establishment Of an
other GENITAL bank, and this was done.
The institution had a capital Of S35. co.,
600, one-fifth Of which was subscribed by
the government. This Central Bank con-
tinued in existence until 1852.
1t is pointed out that. had We posse ssed
a central bank in October last. conditions
would not have been as bad as they we're.
The bank would have guaranteed the as
sets of the two large trust companies
which were first affected. and thus
checked, or eliminated. the possibility of
runs on the other banking institutions.
The institution could have issued notes,
and it could have borrowed gold from
foreign banks, on time limit
The central institution could also be
made the depository Of government funds.
This would save a great deal Of the pres
ent political comment when advances are
made to the banks of the country. and
would also establish a reserve point that
would be available for all needs. The
action to be taken by the present Con
gress on the matter will be awaited win
interest.
The Washington herald., 1908-03-15
Aftermath OF strlnrencr.

"One peculiar phase OF the present
financial situation is the demand for re-
ceipted bills said tradesman. Up 20
a few weeks ago persons Of a happy-go-
lucky disposition made a practice OF
paying small bills in cash. Having paid
they considered the matter settled with
out resorting to red tape. Now those
same careless individuals demand that
the most unimpOrtant transaction be put
down IN black and white and that all
money paid cut by them be put on rec
ord. Men in all lines Of business have
been struck by this same caution in their
customers. Evidently people have no
money TO throw away, and in order to
'minate ali danger Of being obliged 10
n fog anything twice, they insist upon
ge, g a receipt"
The Washington herald., 1908-03-15

between now and the date of handing the
building over By the contractor viii be
spent upon the interior
The new Municipal Building occupies
the site Of the old power house OF tls
Capital Traction Company. the burning
OF which was one of the most memorable
fires the city OF Washington ever had.
The site cost about 10000 and the build
ing, when finished. viii cost about S2.00o0S
more.
The building was constructed under the
supervision Of a commission provided for
in the act of Congress authorizing the
building. This commission consists Of
the Secretary Of the Treasury and the
three Commissioners Of the District IN
the selection OF the plans OF tho building
the commission was assisted bv expert
architects, and I'm the construction they
have been represented by an army officer
OF the Engineer Corps. first by Capt
The Washington herald., 1908-03-15

Chester r. Harding. who served from
August .. 1896. TO July -. 1907, and was
then succeeded by Capt. Kelly, who is at
present in charge
Through a competition held Tor the pur-
pose. IN which several architects submit
ted designs. Cope q Stewardson. Of Phil
adelphia. were selected as the architects
OF Tie building. A B Stannard Of New
York. built the foundations, and James
L. Parsons Of this city. was selected as
the builder. The building has been under
construction continuously since August
1893.
The building has one story below
ground and six above Il occupies the
entire square, few feet within the
building lines. II is built Of granite and
White marble, and In style and material
conforms with the conventional architec-
ture Of the Capital The granite for the
basement came from tho Blue Kin quar-
The Washington herald., 1908-03-15

The new home OF the municipal govern
ment now rapidly nearing completion.
VIII probably be ready for occupancy
about July l. II occupies the square
bounded by Pennsylvania avenue Four
teenth. ID. and Thlrteen-and-a-half
streets northwest The building fronts
the line Of Z street at its intersection with
the Avenue. the small triangular reserva-
ton in front affording a small front yard
so TO speak, for the structure, upon
which possibly a statue Of Alexander
Shepherd viii be erected when the build
ms is finished.
The accompanying picture OF the build
ing shows its present appearance sur
rounded with the accessories for con-
struction. It stands practically completed
on the exterior. and the time Intervening
The Washington herald., 1908-03-15

rles Of Maine, while the marble for the
exterior was QudrTicd in South Dover.
y Y The interior marble came from
The Tate quavries in Georgia and was
furnished by the Blue Ridge Marble Com
pany, OF Nelson. Ca.
The interior of the building was le-
signed with special reference to the needs
OF the District government and the ar
rangement consists Of several large rooms
Tor the heads OF the separate bureaus.
nanked by great number OF rooms OF all
sizes. 90 be used as Offices for the clerical
forces
The building is equipped with a complete
mechanical plant % supply heat and
power for elevators. an elaborate pneu-
matte tube system. and a refrigerating
plart 20 furnish drinking water for the
building
The style OF architecture IS English
renaissance decorated with carved capi-
The Washington herald., 1908-03-15

WILL ERECT FIFTEEN HOUSES.
John F. Lynch Buys Lots for the
Purpose on Oregon Avenue.

Edmund X Fox has sold to John F.
Lynch fifteen building lots fronting south
on Oregon avenue between New Hamp-
shire avenue aud Eighteenth street. about
three squares north CT Dupont Circle.
The demand FOX small homes I'm this sec
ton of the northwest prompted Mr.
Lynch 10 prepare plans for the erection
OF fifteen modern two-story and cellar
houses. hot-wster heat. front porches.
with parlOT. reception hall. dining-rcom.
pantry. and kitchen on first floor. and
three chambers and tiled bath on second
iOOr
The houses VIII be semi-cOlOniai I'm de
sign, and viii have two-story back
pOTcheS Ten Of them viii have bay
windows and open pOrches on the front.
and five Will have triple windows in par
lor and covered porches with large col
umns.
The lots are IS feet front by s5 feet
deep.
The Washington herald., 1908-03-15

realized upon their investments and made
a good Frofit- The new buyers are salts
fed that The prices paid are such as will
give an excellent return upon the cost
10 them. and as often as an apartment Is
Tor sale or price can be had upon it. the
sale usually follows
New Flats Being Built.
The building OF apartments has not
stopped While there is Just at the mo-
ment none OF the big enterprises on
hand Ike Stoneleigh Court or the
Rochamoeau. several less pretentiOus
apartments are under construction. and
several new ones are 20 be started in the
near future
T. H. Pickford has purchased from
Horace :. Cummings, 200 feet Of ground
az the southwest corner Of Twentieth and
p streets northwest for S2S.0oo II Is Mr..
Pickford's $ intention 10 begin al once the
erection Of an apartment house on the
lot az an estimated cost OF SI25 GGo. The
proposed building viii be eight stories
high, and VIII be OF freproof construc-
ton throughout. A. II. Beers. architect.
has completed the plans for the building
and il is understood that construction
viii begin witain a few days
The property fronts % feet on p street
and 50 feet on Twentieth, and is opposite
the old Blaine mansion. overlooking Du-
pont Circle.
Fulton Apartment sold
During the week John l. Warren sold
the Fulton apartment house al l26
N street northwest 70 an out-of-town
purchaser. who paid SSOc1o for the prop
erty. This apartment is four stories high
and contains eight suites of FIVE rooms
each.
tons have gone on in considerable volume.
In the suburban subdivisions the spring
activity has begun in earnest. and prep
arations are being made on an extensive
scale 10 build many new houses this year
The Washington herald., 1908-03-15

fsrnham. Photographic, s6 + street northwest
tails and twenty-eight symbolic statues.
representing architecture. engineering.
commerce craftsmanship. painting. music,
sculpture, &c
Steps have been taken 20 form a large
citizens committee 20 devise plans for the
proper dedication OF the new MunicipaI
Building upon the date Of its occupancy.
This committee VIII be made % OF ten
members each Of the Board OF Trade and
the Chamber Of Commerce. the personnel
OF the latter committee not yet having
been made out II is the intcntion 10 man
out an extensive programme of exercises
appropriate 10 the occasion. July is the
tnirtieth anniversary OF the founding OF
the present city government. and il IS
thought appropriate that the event take
place on that day. with such attendant
ceremonies as may recommend themselves
TO the good judgment OF the citizens COM
mitlce-
The Washington herald., 1908-03-15
SEMINARY FOR GIRLS
Residence to Be
Used for the Purpose.
SITE OVERLOOKS THE CITY
Locality Famous in History as "Re-
serve HILL" Where Federal Troops
Kept II Lookout In Civil Nar Days.
Property VIII Be RemodeIed.
Cottage for DOrmitories.

II has been definitely determined that
a young ladies' seminary will be located
on what was formerly the George NJ.
SaegmulIer estate in Alexandria County.
on the Great Falls and Old Dominion
electric railroad. For many months prep
arations have been in progress for the
establishment of this school, and it is
now announced that it viii be open for
students next September
c. p Simmons, who is now president
Of Madison Institute. Richmond. Ky, viii
be president Of the new seminary. and
viii take possession OF the property in
May The buildings viii be enlarged and
improved. and ali necessary changes
made for the accommodation OF 100 young
women
The Washington herald., 1908-03-15

OF prominent elevation which has been
known since the civil war as Reserve
Hill" This point was selected by the
Federal troops during the war for the
location OF their oUtpOsts and reserves
on account Of the extensive view Of
Washington and the surrounding country.
The house. which was built By Mr.
Saegmuller az a cost Of over S6o.0o0. has
only been occupied a few months. as Mr.
Saegmuller, on account OF business
changes. moved 20 Rochester, Y. Y. Il is
OF old colonial design. built Of Virginia
bluestone, with large columns in front.
so characteristic OF the early Virginia
homes. The house is supplied with all
modern equipments. aCetylene gas. cleo
trio lights. running water. sc. Thus an
me comforts Of the best equipped city
home may be enjoyed.
Cottages for DormifOrics.
Besides the main building there are sew
eraI neat cottages close 10 the house.
which viii be used as dormitories and
sorority houses. and the large stcne barn
viii he turned into a gymnasium. There
are fifty acres of land with the build
ings. with golf links. tennis courts. and
other outside athletic games.
The house is surrounded by a fine group
of Old oak trees. which add much 10 the
beauty and comfort of the lawn The
water supply is from n spring. which is
pumped TO q 3000-gallon elevated tank.
giving water pressure throughout the
buildings. The water is pure and whole
some, and the general elevation and loca-
tion OF the buildings are such as 10 make
the situation an ideal one from the
standpoint Of health for a school Of this
kind.
The Washington herald., 1908-03-15
WORLDS COAL OUTPUT.
Growth Of Production I'm
Recent Years.

An increase of over 400 per cent in the
worlds production Of coal in the past
forty years has been recorded. In other
words, the gain was from 22I, ,O35, 900 tons
to L250OO0,OOO tons during the past year
The latter figure is partially estimated.
In the same time the output OF the United
States has grown from 3l,6+S 900 tons to
E5,O00.0OO tons. The latter figure is also
partially estimated The following table
shows the worlds production of coal for
a series OF wears.
The Washington herald., 1908-03-15

Gas poisoning from gas engines has be-
come so common that German authorities
urge that cylinders OF oxygen be kept
near. and that engineers be taught 10 ap-
ply inhalations to resUscitate victims.
The Washington herald., 1908-03-15
SUBURBAN SECTION
EXTENDING RAPIDLY
City'S Population Scattering
TO Outlying Territory.
CAR SERVICE a FACTOR
Extension of Trolley Lines Fol-
lowed by Building Operations.
CAR SERVICE A FACTOR

Chevy ChnEe, Cleveland Park, and
Mount Pleasant illustrate Drift of
HOmeSeekers 10 Better Environ
ment-many Rural Subdivisions
Promising Field Of Operations.
The Washington herald., 1908-03-15
REAL ESTATE EYER
CITY'S CHIEF ASSET
Surplus Money Here Flows to
Land and Buildings.
CAPITALLACKS FACTORY
Development of Property Active
from the Beginning.
CAPITALLACKS FACTORY

washington, Unique Among Ameri-
can Cities. Promises to Lead
Center of safe Ownership in Houses
and LnneS-Growth of City Traced
Along This Line-Great RuiIdins-
Boom of the Past Five Years.
The Washington herald., 1908-03-15
Adapted to school Purposes.

The location is particularly adapted to
school purposes, being at an elevation OF
800 feet above Washington. on the brow
The Washington herald., 1908-03-15
MOREACTIVE
Fine Weather Gives Impetus
to Real Estate Business.
MANY PURCHASES ANNOUNCED
Home Buyers Seek New Houses and
select Them Before They Arc Fin
iShed-Apartments Appear 10 BE
Growing i'm Popular Favor-Opera-
tions Are Active i'm the Suburbs.

Real estate operations for the past week
have felt the influence Of the fine spring
weather. Agents have been specially
busy. their automobiles and carriages be
ing In evidence everywhere on streets
where the sale sign Of the broker ap-
pears y large number OF deals have
been reported. alike Of apartment houses.
dwellings, and building lots.
One Of the noticeable features OF the
business this spring is the selling OF
houses before completion. with the pro
viso that the purchasers shall have a
voice in the finishing. painting. and pa
perlng. one firm reports the sale Of six
such houses now barely under roof. An
other firm has sold three and others one
or two Indeed. home buyers are looking
more to new property than 10 that which
is older, though there is much dealing in
the latter kind
The Washington herald., 1908-03-15
Home Buyers Discerning.

This tendency perhaps is significant OF
a change coming over the real estate
operations of the city. Purchasers are
making better choices. and unless the
house is new. in good condition and in
location which promises well for a rise in
values it is not readily sold
Moreover. there is coming to be a va
riety Of such houses TO choose from.
Builders seem to have found OUT that once
the house is started in a good locality
the buyer will be after il as soon as il
begins 10 show what the style OF archi-
lecture is and what may be expected OF
the builder in finishing the dwelling TO
suit the buyer. As the money is not
paid over until the contract in this regard
is fulfilled the buyer runs no hazard.
and the builder finds himself in position
to realize upon his venture as soon as
he may be ready to turn over the prop
erty.
The plan works well all around. better
homes are the result. and the purchaser
has new house finished to suit his tastes.
even If he does not drive sharp bar
gain.
Apartments as an Investment.
Another feature of the real estate bus
mess this spring is the growing popularity
Of the apartment house as an investment.
1t used to be said three and five years
ago that the building of apartment houses
IN Washington was being Overdone. But
IN the meantime the number of such build
ings has been nearly doubled. Moreover.
they are nearly always fun Of tenants,
with waiting list for the better houses.
The fiat met a need OF the population
IN Washington. and the people here have
supported them better. possibly. than any
other class Of property. Within the past
year some twenty-five OF these great
buildings have been sold at big prices to
persons or companies for Investments.
1he original builders or OWn.Ts have
The Washington herald., 1908-03-15

Confined on Page S, Column !.
The Washington herald., 1908-03-15

Continued ON Page 2, Column 8.
The Washington herald., 1908-03-15
what Deeds OF Trust Prove.

1t has been said that six or seven deals
out Of ten made FOR property Of this kind
in Washington is subject to deed Of
trust. which proves the fact that hun
dreds Of the government employees and
others have taken their homes. paying
down part Of the purchase price and
meeting the balance on the instalIment
plan-a perfectly safe way TO invest earn
ings and acquire home, at little more
outlay than the ordinary rental. the
pursuit Of this policy is fast making
Continued on Page ?. CoIumD.
Orleans County monitor. [volume] (Barton, Vt.) 1872-1953, 1908-06-22
LOCAL NEWS
coNr1NuED FROM PAGE ONT

Don't get left next Thursday morn
ing. The summer train schedule goes
into effect then and important changes
will be made. The new time table has
not been made at this writing.
Mrs. Jennie Kipp has gone to the
Sunset Hill house in the White Noun
tains for the summer, and Misses Lena
and Ina Stevens will go there this
week to stay during the summer sea-
son.
c. H. O. Horighton and daughter of
New York were here at the Valley
house last week. Mr.. Horighton will
have something to do about placing or
ders for the veneer output for the E..
L. Chandler Co.
The barn belonging to J. H Brown
and located on the meadow on his
farm was destroyed by fire Wednes-
day. There were about 2. tons of hay
in the barn. tits supposed to have
taken fire by a spark from a locomo
tive which passed few minutes before
the fire was discovered.
A very pleasant reception was giver
in Pythian hall Friday evening to Mrs
E. A. Wiley. who is soon to leave US
and make her home in Massachusetts,.
A social hour was enjoyed, refresh
ments served, and present given Mrs
Wiley as a token of the friendship O.
those belonging to the order of Pyth
| ian Sisters.
| Barbara Frechette was nearl.
drowned while wading in the river on
| day last week. She Waded in Wher
the water was too deep and finally go
in over her head, but Mrs. Loomis witt
great presence of mind went into tn
water as the girl was going down tn
third time and rescued her. Mrs
LOOMS deserves great credit for thi
brave act.
Orleans County monitor. [volume] (Barton, Vt.) 1872-1953, 1908-06-22
Baseball Notes.

The baseball reception and rally Fri
day evening was pleasant affair and
there was a good attendance. The la
dies quartet gave some fine selections,
and the band did their part to make a
success of the entertainment. There
were speeches by Rev. G. l.. Shaeffer,
M. M. Taplin, G. S. Skinner and w. R.
Aldrich. Quite sum Of money was
realized for the benefit of the team.
The following is a part of the base
ball schedule as made up at present.
The Barton Landings play the New
ports here tomorrow at 3 o'clock p.
m.; the Frontiers here on July 4th
at 9 80 a. M, and in the afternoon at
2 80 p. m. the Barton Landings play
Barton at Barton. On July s Barton
Landing plays the Ludlow team here
at o'clock p. M. on July II we play
Lyndonville here at 80 o'clock p. m. !;
on Dominion day we play the Frontiers
at Derby Line at 10 o'clock a. m.
An enthusiastic crowd greeted the
local team in their opening game here
Saturday and got their moneys worth
in witnessing a close and exciting con-
test. The visiting team, the New
ports, put up a fine game showing the
good result of month of team prac-
tice. Harris, the high school pitcher,
did the box work for the locals, kept
the few hits we'll scattered, and for
the nine innings pitched a mastery
game. He was unfortunate in having
a few costly errors made behind him,
the result of the teams first date Of
assembling for play or practice. In
the 10th, after Newport had scored
once, Thomas replaced him and struck
out the next three men up. The same
teams try conclusions on the same
rounds tomorrow, convention day, at
3 p. m. The score of Saturdays game
follows:
Orleans County monitor. [volume] (Barton, Vt.) 1872-1953, 1908-06-22
EVANSVILLE.

The Ladies Aid society will meet
with Mrs. Frank Lapierre Thursday
afternoon and evening. All are invit-
ed and especially the members, as Off
GERS for the coming year will be elect
ed.
The graduating exercises of the
ninth grade of the village school will be
held in the church on Friday evening,
June 20. at o'clock. A cordial invi-
taiton is extended to all and a special
invitation to the parents of school chill
dren. The admission fee Of 10 cents
will go to defray the expenses of the
evening.
Orleans County monitor. [volume] (Barton, Vt.) 1872-1953, 1908-06-22
For Sale

329 $500 down for this money
making farm. 100 acres of the best
producing land. Large apple orchard;
sugar orchard of 800 trees, with camp
and good sugar rig; made 1000 lbs.
last year. 100000 feet timber and 500
cords of wood. Nice trout stream
runs through the pasture. Barn 40x
go, with basement and silo. Carriage
and implement barn 20x40. Shop 15x
ID. Large pleasant house, with piazza
on the front; house has good cellar
and water. Large shed connected
for wood and storage. Nice maple
shade trees; good yard; is only few
rods from three other farm houses:
telephone and mail at door; less than
a mile from school; 219 miles from
hustling railroad town on good road.
Price 50, 800.
328. Pleasant Farm.
125 acres, one mile from two viii
lagos, 2ls miles from railroad, mail
brought to door and telephone in the
house. Good fruit orchard. Fields
are smooth and free from stones;
good fencea, easy farm to carry on;
will keep Is COWS and team. Modern
stock barn, 40x70, with annex, 14x60.
This barn has cellar and silo; also ell,
28X40, which is the horse barn. These
barns are double boarded and in good
repair. Large house, with ell so feet
long; kitchen and dining room are
hardwood: house has a piazza feet
wide and 50 feet long. This farm Dor
ders river and is very pleasant.
Price $4,000.
1872. Large Moneymaker-Small Price
27S acres of good land; tillage land
level, three quarters of the work done
with machinery; 500 sugar trees and
abundance Ct fruit. Trout brook runs
through; 1000 cords of wood and
100000 feet timber. Modern stock
barn, 5ox6O, arranged for 30 head Of
stock; bay and grain is drawn in on
barn 25xSO, with shed 12x3O. These
house, with piazza and shed; 5 large
rooms on first floor, chambers unfin-
ished. Also another set of buildings:
house 25x30, barn 15x30. There is an
immense quantity of wood and lum-
from mill; down grade haul; spring
water at house and barns. We viii
sell this large farm with good build
ings for So, 500. Just think of this, and
for $1,000 more we will include 80
head of cattle, two horses, all the
farming tools and all the crops. This
farm is three and one half miles from
railroad and stores.
$50 Is Cow Farm, Stock and Tools
100 acres, one-quarter mile from
stores and school, telephone and mail
at door, land mostly level, nearly all
machine work, 600 sugar trees. $50
buckets, iron arch and evaporator.
good rig throughout, made 1900 lbs.
last season, 1000 feet of timber and
500 cords of wood, 35 apple trees. be-
sides small fruit; trout brook runs
through farm; stock barn 5Ox6O, with
ell 20x30 for horses; both are double
boarded and have cellars and siIo
good house with ell, seven rooms on
first floor, good cellar and spring
water; house is painted white, good
yard and beautiful shade trees. We
will sell this farm with Ii choice cows.
one pair horses, moving machine.
horse rake pillow, two harrows, cream
separator, double wagon, harnesses,
and all the small farming tools
For $500
VI