davidaulloa/AmericanStories huggingface dataset:
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1909-02-17
SPECIAL SESSION OF
CONGRESS MARCH is

WASHINGTON, Feb. if.-ny
u. p.-At conference between
President. elect TAFT Speaker
Cannon. Senators Knox and
HALE. u was decided that a ape
cial session OF Congress will be
held March IS.
Chairman Payne, Of the ways
and means COMMITTEES, made the
announcement today on the floor
Of the house,
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1909-02-17
WANTS CROOVED RAILS
LAID IN SEATTLE

Superintendent Of Public utilities
A. ~ uoullon has recommended 20
tho corporations committee OF the
city council that after July I al
street ear companies operating Ia
the city he required to lay nothing
hut grouVod rails Tho "T'' rain Veg
now in use The superintendent
states that the RrouVcd rail not only
tends Ca preserve the pavement but
facilitates tcamlng aud hauling over
che ear tracks,
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1909-02-17
ONE HUNDRED VEUDICTS
RETURNED IN GAYS
COURT

One hundred Ncrdicta out of the
ist Required have boon returned in
the Queen Anne boulevard condnm.
nation pruyvVdtnga now before Sue
nprior iudke Wilson ~ CAY
hNriuw thN session 90 court laat
hiMht a5 verdicts were secured, MAX
INK q total of bN foF enc rntire daN,
80 Tar moat Af the NprlictR have
not boon contested No is expected
aNtofc tNe entire t8G are secured
many protests viii ~ threshold 0Wt
before thc voWrt
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1909-02-17
CARS TIED UP BY A
WAGON.

Accidents generally happen az the
most tnopportune times. and The ilt-
Tie one that occurred az noon today
"a Firsi Av. and Ycsltr way WAS no
exception. and as result ~ waE
N ueionginE a. the Golden West
akery heirE cRrght in the street
or five blocks We're tied up for
salf hour The wheel ~ the wagon
tipped ia the stitch slot and stuck
here Everything was suggested tn
set u out. and finally croahar was
uFed into service "A TaeuWtA inter-
urban and a Renfun intsrurtan we're
among the cars Tied up.
--rTe.aav4s-a i1i-aa--s --assas44.sa-
Buy q Champion Gas Range and
get 4 coal or wood range free. ass
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1909-02-17
Rates for Classified
Advertisements

The Star cannot guarantees
accuracy or assume Fcsponai.
biiigy for errors Of any Kind
securing In tslsph0ned Rdyer-
timenerta
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1909-02-17

AND ALL CLASSIFIED ADS.
Ore cent . word Minimum
charge zoe. when charged 20
aceaunt actual number Of iines
"a set will DO counted. Seven
Insertions made for tho price
q six when cash 10 raid. Al
cap lines. or fraction thereof.
viii be counted as two Inca
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1909-02-17
LOCAL BRIEFS

Public Market Danes, Three hun.
drgd people deficd the elrnANnta laet
nlghs o. dance az the first annual
ham 0f the public market people
The ruof was leaky, making the floor
on one side of the room monttet
puddle The ball formally opened
The now Goodwin building
Dies Suddenty-pr Gea A, Hor.
rows. 4 retired physician and SUR
geon. who hiss heen making his home
ln seattle Tor the past 10 years, died
suddenly &c hiss home 1908 Eaat icts
ferson st.. yesterday afternoon, of
heart failure
Thc coroner was called e. investl.
gate the vase. ~ 1t. HoffowH died
before a physician could be sum
moptd
Wiseensinlses viii Mset.--rhe
Wisconsin club viii hold lee regular
monthly meeting az the Chamber II
Commerce rooms In the Central
building Tuesday evening, February
60. 1909. az o'clock sharp The
program which haas bean arranged
viii b. pf special Interest Il VIII Dc
necessary for Wluconainltra &C. nave
their names. last Wisconsin addreHa
and present address registered Win
the secretary as Hauu as possible ln
order 10 be included Ia the difee.
tory
Money ior New Hull.--M0ney win
to provided 60 build i new huli for
the fIreboRt SnoqualHle. II the rec
concentrations 81 thr fire and water
committee ~ the council prevail
The question WAS taken up last
night. and lt WAS shown by reports
that the vessels hull WAS in had
shape The committee WAS con-
WINGED that the best plan would hE
10 provide an entirely new HUH
viii Fight lncrsaae--Thr salmon
hay Improvement CLUB has appoint.
"a 4 committee q take up the prop.
osition Of fighting any Increase W
the water rates In the Thirteenth
ward The courts have decided that
stunt Y0uus4 can raise rates 60 the
figure formerly paid before Ballard
was annexed. Tnls VIII mean An in-
crease ~ fse pef month for the Or
binary residence consumption,
Hlhssalaas Division No. e A a
~. 81 this city ~ making elaborate
preparations for the eNampitticAtlou
"a ghrst degrees oF the ufaaF en- @uH-
day. Feb si ia a. = - bail A
large representation from Tacoma
Everett end Hsi}tnEham VIII ts
present on that occasion.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1909-02-17
SITUATIONS WANTED

"Nltuations wanted adver-
tissmenta gsc for ~ words
.imea Additional space 30 per
line
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1909-02-17

BALLARD A0ENCY--P. ~
Mullen. bto9 Ballard av. opp
City Hail Phone. Ballard sot
MAIN OFFfCE--Seventh av.
between Union and University.
Phones. Main 1850. Ind. tsi.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1909-02-17
FOR RENT--FLATs.

olympic Apartments--IIo Housekeeping
rooms. gas range hot water SQUAD
View. 9oio Western Az III
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1909-02-17

. RAILWAY TIME TABLES. =
. % not trust printed time =
= tables In newspapers. For 4
= time % departure and arrival =
q Of trains telephone King street. 4
q Station Information Bureau, a
Sunset. Main 274o, lndepsnd- 4
= ent III. q
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1909-02-17
siRTH NOTICES.
DEATH NOTICES.

naEley-D BaRiey. co. Feb. z.
WaYaide Emergency Hospital.
Emergency Hospital
Mason p. Mason. 81. Feb. ~, 27oa
fealer way
Reeee-w Reece. "a. Feb. >. Prov
ideuce Hospital
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1909-02-17

first AZ. Phones. Main aiIS. jnd fiH
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1909-02-17
70 AnvEHIisERa

Classification cannot be sivcn
after II o'clock daily.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1909-02-17
Jap EMPLOYMENT OFFICE.

l,oaasy- wst.es Co. yuasIsl plr.els!.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1909-02-17

Notice y hereby sivsa tina. the annual
meeting % the
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1909-02-17
FUNERAL DIRECTORS.

BuTTERwoRTH a SON, prsfss.ionsi
Directors ard Licensed Embaimsrs iefi
let. opp Moore Theatre Both phones fts
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1909-02-17

-~,--~------ 1922 ,--7r----~-
Japanese Togo. emp. and contract.
ore All kinds Of japanese furnished
promptly. Main 1876 Ind. ana 900
Main n. -~i0.10
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1909-02-17

wanted Ladies' for office work. %
week Remington operator preferred
A $50. care star --1e.I7
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1909-02-17

Japanese A ~ Employment once
t12 Washington a. Phones. Main aeos
Ind 9fb1 .-tOst0
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1909-02-17
FOR RENT--FURNlsHEp
HOUSES.

The rent 7ou yaY on furniture IN q fur.
hishsa hoys@' Y apgilsa On Eooas p.rehassa
month. would soon enable you 10 own H.
We extend credit Woodh0tisa a Plan
Fvrn. Co. as Pike street
Lover floor, large private house. fur.
nighed bath. ranges suitable fof plain
family. view low rent Phone Queen
Anne 81 an Olympic Place Kinnoar
Park cars
TuE nEyFnTV iass an Mi. siss
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1909-02-17
Here Is Your Chance

Home Or 81 Ito tuo itis streets
Nrndsl cement WALKS ntnff and water
in nBa1t tita in City, nrfh ranEvs u
uleunfainn and ueunN. near Woodland
parhs $500 cash. See Duuef lf aute.
CDNNOH. kia American NnnH Hidg.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1909-02-17
Stockholders of
Washington Tale
Mining Co.

win be held in rnffeatsrs Hait, iAaHW
First aN. seattle. Wash az aiae eriaeh
D M Oh February ~. ipQa
TERENCE MARTIN, Hee
amIIssT
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1909-02-17

Snap for Builder
Three level lots. riEe 5tziso. On Walls
inFfafd hNi Fine iuEltiun 90 build ITO
cottages Hn 100 feet from the car line
imn hiarhs fram fhe fu8crlAff hool ard
stores rinea tn Liarulu iiFh scbpols
good tisw 81 SOC. half caru
e v pfxON A Co.
Hffh Fremont hkN
Phones. Nosth aes Ufeen "a,
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1909-02-17

WE'LL WELL
what DO guu think of fnief As
.runin house. on q grades street.
an unobsrrucfrd Niow. iot fN4fl0 IL,
ls Fo1d chance Tor ynu 20 make y
nice profit on small invsalnss il.4tA
easy terms
fbf7--tb
~ ORR a CO. &
EOS % US AlaFka uidr
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1909-02-17
HE WANTGp-MALG.

two YuNna uen aF ladies ~ anaa -
dress. ane1 paF. ~asf NHfk Ea# ~
fws~n ! amA ~. THURSDAY sta MeFiau
N9dH
Wantea-atfns ~ sec fisMt sfisRs saan
unlon i~1a wWfssfs WHmAsnmu psusaNs
Nafth taf AppsY Iitt Wgpaiswn ~
AafHstE
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1909-05-28

Hirzel, the Ice man, can supply you
with ice for the summer. Send or
leave your order with HirzeI.
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1909-05-28
COLORADO, UTAH, YELLOWSTONE.
AND THE PACIFIC COAST

Special low round trip rates
via the Chicago & North Western
BY. to Denver, Colorado Springs
Pueblo, (1lenwood Springs and
other points in Colorado; to the.
Yellowstone National Park, and
to San Francisco, Los Angeles,
Portland, Tacoma, Seattle, Van
couver and other points on the
Pacific Coast, Finest of train
service. Most convenient sched-
ules. These low rates permit Il
choice Of routes going and return
ing, and the arrangements ion
stop-overs and return limits are
liberal. Great chance to visit
the Seattle Exposition and var
ious points enroute. Ask Obi
cago & North Western ticket
agent for particulars and for
free maps, itineraries and book
let's 47-+t,
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1909-05-28

with a tender heart, and carried
her part in a commendable man
ner.
The musical numbers Of the
program found much favor with
the audience. The Orchestral Sc
lections by Mr. and Mrs. Isador
Jansen, as well as the various &C
compartments throughout the
play were well rendered and adj
ded much to the success of the
drama. Miss Mae Kaiser gave
several vocal solos, deJighting the
large audience, especially in her
number I'm After Years" Miss
Kaiser is gifted with very sweet
voice and we hope to hear her of
Ten. Possibly NO number of the
evening met with as much favor
as did Mr.. j. w. Medegan's rem
dering Of Norma" from Grand
Opera, Mr.. Medegan is mas
ter in his chosen profession and
will always be welcomed by Hack
ley audiences. A substantial sum
was realized from the evenings
entertainment. which will 60 to-
wards the Church building fund.
The St. Mary's Club wish to ex-
tend thanks to all its patrons, and
also to Mr.. Andy Regenfuss, pro-
prietor of the opera house, for
many kindnesses, as we'll as to the
Congregational Church and the
local M. B, A. Lodge for kindly
loan of chairs etc. for seating the
large audience.
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1909-05-28
Rev. |. w. WiIIiamson's Letter

Rev. |. w, Williamson, Hun
tington, w. Ia, writes: This is.
TO certify that used Foley's Kid
ney Remedy for nervous exhaus-
ton and kidney trouble and am
free 10 say that it will do all that
you claim for it, Fcley's Kid
ney Remedy has restored health
and strength to thousands oE
weak, run down people. Con
tains no harmful drugs and is
pleasant TO take, @. L. Carter.
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1909-05-28

teen (18) in town forty (49) north OF
range eight lSl east in Villas county and
has been such owner since the year
1903, that through error, inadvertance
or mistake while the said lands were
in truth and in fact the kind aof lands
| called and known as ''cut over lands
the assessed valuation for the years
| 1905, 1905 and 1907 were fXod at sums
| greatly IN excess of the valuation of
the same kind of lands owned by the
/ petitioner and other parties in the
! same general location, such excessive
valuations being in some instances
more than ten times the valuations
| fixed on other lands Of like character
and value in the same locality; that be-
cause of such excessive, illegal and
ineQuitable assessments your petition
| err could not afford to pay the taxeslbas-
| ed on said assessments for the Years
| 1905, 1906 and 1907 aud that the lands
were in each of said years sold for de-
| delinquent taxes ard the county still
| holds the same SO that the said lands
are in effect taken from the tax roll
and no longer produce any revenue to
the county but instead are an expense
to said county, that during the year
1908 as as your petitioner is informed
iTOLD d l6IG0E WIlUG6u Uy NIF. ELIAS. NJ
Smith, town clerk of the town of Far
mington, these and other. lands were
inspected by the assessor and a cOmpe-
taut land locker and estimator and that
it was found that said lands were So
called ''cut over" lands and assessed
accordingly; said letter being now on
file in the Office Of your county clerk.
Wherefore petitioner prays that he
may be permitted to redeem said lands
by paying into the county treasurer
such sum as would be equal to the
taxes if based on "cut over' land basis
as the same appears from the tax rolls
OF said town for the years 1906 1906 and
1907 and that the tax certificates out
standing be cancelled and the county
treasure aud county clerk be instruct
ed to make such adjustment of the tax
es and issue to petitioner redemption
receipts for the same.
Reference is hereby made to the tax
trolls of the town Of Arbor Vitae, Eagle
River and Pennington and to the aft
davits of Frank Rogers, B. f Ham
mond and Geo. E, O'Connor and to the
letter of the town clerk of Pennington
as part Of this petition.
Dated Eagle River. Villas County.
Wisconsin, May 9th, 1909. and submit
ted
r %
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1909-05-28
COUNTY BOARD PROCEEDINGS

Eagle River, April l2th 1909.
To the county clerk of Villas county,
Wisconsin.
Sir: You are hereby requested to
call special meeting of the county
board of supervisors of Villas county,
Wisconsin, for the purpose of organic
ing, and for the transaction of such
other business as shall properly come
before such board, OIL the 9TH day of
May A. D. 1909, at the court house in
the Village Of Eagle River, Villas
county, Wisconsin, at o'clock p. m,
Dated this 18th day Of April A. d.
1909.
j. T. NEMACHECK.
Supervisor.
c. NJ. MATHER.
Supervisor.
FRED A. FOSTER,
Supervisor
FRANCIS BREEST,
Supervisor,
G. H. JACKSON
Supervisor.
Eagle River, April 10Th, 1909.
A call for special meeting of the
county board of Supervisors of Villas
county, Wisconsin.
To Francis Breest, chairman of the
town of Arbor Vitae.
To Charles H. Blohm, chairman of
the town of Conover.
To J. T. Nemacheck, chairman of
the town of Eagle River.
To E. n. Smith, chairman of the
town of Flambeau,
To George H. Jackson. chairman Of
the town of Pennington.
To James L. Metz, Chairman of the
town Of Hackley
TO Fred A. Foster chairman Of the
town of Presque Isle.
To G. M. Mather, chairman of the
town of State Line.
You and each of you are hereby noti-
fed, that pursuant to a request, signed
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1909-05-28
Hackley Notes


nent Cook, accompanied by her
daughter Miss Reta, arrived from
Cheboygan, Mich. on Friday last,
and have taken up their residence
at "Lakeview Place
Mrs. S. c. Rosen beck of Mil
waukee is on a brief visit here
with Mr.. Rosenbe1k. who has
charge of the lumber yards in the
absence of Mr.. Sam Briggs.
The many friends of Mr.. Sam
Briggs will be pleased to learn
that he is rabidly recovering I'M
der the care Of an expert oculist
at St. Joseph's hospital, M,lwau
kee.
A large and appreciative aud
fence greeted the St. Mary's ORA
matte Club in its presentation of
kathleen Mavourneen" at the
LakevieW Opera House on Friday
evening last, the entertainme
proving a success in every way
From the rise Of the curtain with
Killarney" chorus and tabjeau to
the finale song :My Wild Irish
Rose" there was no hitch, act
smoothly succeeding act, and the
cast, exceptionally well balanced,
proving above the ordinary in
amateur, To speak of the indj-
viduai approximations, Lawrence
Mccormack, as Bernard kava-
nagh, the young landlord, showed
marked ability in his lines and
actIng. Will BLOW in the dual
characters OF the honest hearted
Irish farmer David O'Connor, and
the priest, Father O'Cassidy
handld both in a mastery man
ner, spoke his lines we'll, and was
well made up. Francis Bushey
In dual roles also, Bill Button
Cap, and Black Rody, the arch
plotter had a difficult task, but
made good in both, his antics as
"BIIl" taking particularly with |
the audience. Mr. Phil Knippel |
as Captain Clear6eld MADE a
a jauty officer Of his Majesty's |
army, and carried his part well |
especially in the arrest after the
struggle scene. Harry Sommers
played both Darby Doyle the viii
liam, and Mr.. McCubban the jail /
or in very acceptable manner,
while Frank Gallagher as Terence
O'More and Andrew Wegner as
Red Barney the last of the trio of
Williams, were at home in their
respective parts, Master Will
fred Nc Ccrmack delivered his
s. letter IN a manner which pleased!
the audience
To Miss Lima Mccormick in
the title role Kathleen Mdvour
neen" is undoubtedly due the
greater measure of commentator
Tho young in years and despite
the fact that it was her first APP
pearance in drama, Miss McCor-
mick's Interpretation of her lines
was excellent, and when acting
was above the average, whilst in
appearance she was truly "beauti-
full Kathleen" Miss Agnes VIII
Iiams as Dorothy Kavanagh the
lady of high degree acted and
looked her part to perfection and
was a prime favorite with the aud
fence. Miss Williams, effectively
disguised, also made a hit as Meg
Marslogh the fortune teller. Miss
Lizzie Blong as Kitty Laverty
was an ideal 'sweet Irish Colleen"
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1909-05-28
FOR SALE

80 acres of timber lands on Big
St. Germain lake; SO rods lake
frontage; log house 2ox34, also
barn 20x26. can be had cheap,
Enquire at this office.
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1909-05-28
NOTICE FOR PUBLICATION
Department of the Interior
r G md OGinn NNo1,cn11 Wiz

Q. . lanU OIICt, WauSdU. w Is.
May II. 1909.
Notice is hereby given that Adelbert A, Bah
cock, Jr., Of Wausau County Of Marathon
application to enter under the provisions OF
Sections 1906 and 1907, Revised Statutes of the
United States the following described lands:
Lots II and II of Sec. 6, Up. 43 N, r. e. Lot
9 of Sec l. TIP. 43 N, R. E., Lot Of Sec 24
TIP As n, r. e.
Lot 10 Of Section IA, Lots9, Il and Is Of Sec
tiou 20 aud Lot 10 of Sectian % all il Town
shin Is North, Range East 4th P Meridian
Wisconsin, Q,47 acres, Serial No 02778)
any and al persons claiming adyetsg h5oo the
of the mineral character oftne land, or for any
other reason, no the disposal to applicant
should file their affidavits of protest in this
Office, on or before the 28th day Of June, I9O9
JOHN W MILLER,
Register
H. S. MCCRosSEN
Receiver,
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1909-05-28

A LIGHT WEI GIT Overcoat
for spring or fall is a necessity
in every mans wardrobe. Select
one of our numerous attractive
patterns, and we will guarantee to
make you a stylish and servicea
Ole garment.
F. F. Novotny, Tailor.
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1909-05-28
Legal Notices.
NOTICE FOR PUBLICATION.
Department of the Interior.

U. S. Land Office at Wausau, Wis,
May 18th 1909.
Notice is hereby given that Mike WEIGH, of
Eagle River, Wisconsin, who, on August 18th.
1902, made Homestead entry 10. 1867, Serial
No. Ol693, for SEA NW34, Sc" on 8, Township
40 NJ, Range 8 East, 4th Meridian, has
filed notice of his intention to make Final
five year Proof, to establish claim to the
land above described. before the Register
and Receiver of the U. S, Land ONCE, at
Wausau, Wisconsin, on the 2lst day of June
1909.
Claimant names as witnesses: VIM. Tellef-
son, George Mutchler, Tom Welch and Finn
Lawler, all of Eagle River, Wisconsin,
JOHN w. MILLER, Register
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1909-05-28

Any intelligent person may
earn a good income correspond
ing for newspapers; experience
unnecessary. Send particulars.
Empire Press Syndicate, Middle
port. N. Y, 47-3-
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1909-05-28
Shows Influence Of Mind.

Careful estimates show that the av-
erage business man walks mile in
1872 minutes, while the ordinary
loiterer, who has nc business on his
mind, requires 20 minutes to walk it.
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1909-05-28
ICE, ICE, ICE

By the season. Your orders giver
prompt attention, if left with Mart
Hirzel. A big chunk delivered daily
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1909-10-06

The coming of another wholesale
grocery to Bismarck, and that one
of the biggest and strongest ,estab-
lishment in the northwest, Means
much to Bismarck. Not only does it
mean the addition of another big es.
tablishment to the commercial in
terests of the city but it means that
the commercial supremacy OF Bis
marck as the center from which
goods will be distributed in the
western part of the state is appre-
ciated by wholesalers 1t means that
other institutions in the jobbing and
Wholesale line will be attracted to
Bismarck for the same reason that
appeal to the establishment just To-
Gated, particulars Of which appear in
the news columns Of the Tribune this
morning. The Commercial. club,
which has been working to- obtain
the location of this institution is to
be congratulated, and the value of
this new institution will be appreciat-
ed by those who have at heart the
welfare and progress of Bismarck.
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1909-10-06

posit insurance was urged as a pan
acea for financial ills, that with such
a system in force there would be no
bank failures, for the reason that
depositors would know they were
sure of their money and hence there
would be no run on banks. The
fact that a bank has failed, and that
the failure was due to bad banking
proves that system of bank deposit
insurance does little but put q prem
ium on bad banking by putting the
poorly managed bank on par with
the sound institution that is well
managed. Naturally, the contribu-
tors to the insurance fund do not
relish seeing their money used to
pay the losses occasioned by poo-
management, if nothing worse. If
there is difficulty over the adjustment
of the losses of a single institution,
what would be the result if number
of banks became involved in financial
difficulties. No fund that could reas-
onably be collected from solvent in
stitutions would pay a fraction of the
deposits. The result would be worse
than chaos in financial circles, and
bank deposit insurance would become
byword. There has been no sys-
tenn devised since the world began
whereby bad management, dishon-
esty, recklessness, or any of the other
evils of careless financiering escapes
it's rightful penalty. Neither is there
any sane system by which the de-
positors in such institutions can be
fully protected. The trouble with
deposit insurance is that it is apt to
lead to recklessness, to careless ex-
animation of banks, and to other
evils. The first experience with the
insurance law does not seem to be
very satisfactory.