davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1909-02-27
THE TREASURY IN ITS RELATION
TO THE BANKS OF WASHINGTON
BY LOUIS A. COOLIDGE,
Assistant Secretary of the Treasury.

Between the United states Treasury
and the financial institutions OF the Dis
trict OF Columbia the relations are pc
culiarly close and mutually hefpful. They
arise partly from local and personal pro-
pinquity. partly from Legislative enact
ment. The banks OF Washington un-
doubtedly owe part OF their prestige
and strength to the fact that they are
recognized to be under the watchfuI and
Jealous eye of the department. on the
other hand, the Treasury has not hesi-
tated i'm times past and win not hesitate
in time to come, II deemed advisable. TO
call the bankers OF Washington into
friendly CO. operation. 1t was by the banks
OF Washington last summer that the first
national currency association was or
ganized at time when the department,
looking well TO the future. was especially
desirous that the machinery OF the new
emergency currency law should be set
up. While other cities were holding
back, through fanciful fear Of the pos
sibilities for evil in the failure OF the law
TO provide means OF Withdrawal from
an association once organized, the Wash
ington association was fully established.
accepting In their entirety the conditions
imposed by the act OF May 30, 1908, as in
terpreted by the Treasury authorities.
This is n single instance OF the assist
ance rendered to the Treasury Depart
ment by Washington bankers. Others
might be cited. On the other hand, the
department has shown peculiar consid-
Grafton for the local banks For instance,
IL leaves on deposit with them a large
proportion OF the moneys received an
nually from taxes through the District
government to be returned at the rate OF
10 per cent monthly, thus avoiding any
possibility of local currency embarrass-
ment through the locking UP of the tax
money i'm the Treasury vaults pending
disbursements for local works
But Of special value in liking the rela-
tion OF Washington financial institutions
TO the Treasury must be cited the Fed
eral law, which requires that an savings
banks, savings companies, or institutions
organized under authority OF any act OF
Congress 10 do business I'm the District
OF Columbia shall make TO the Comp
troller of the Currency and publish all the
reports which national banking assoca-
tions are required TO make and PUBLISH.
ana the law which authorizes the Comp
troller OF the Currency to examine into
the condition OF auy banks in the Dis
trict or Columbia organized under an act
of Congress.
These provisions OF law secure do
gree OF uniformity IN the supervision OF
the leading institutions Of the District
which Is unknown In any other civil di-
The Washington herald., 1909-02-27

vision OF the United States. where state
and savings banks and trust companies
must In the naure OF their organization
be subject to different supervision than
the national banks. This uniformity OF
supervision In the District, however, In
not yet complete. There are in the Dis
trict OF Columbia eleven national banks,
FIVE trust companies, organized under
acts OF Congress. and eleven other incor-
porated banking institutions operating
under charters granted by the states OF
Virginia and West Virginia. The banks
doing business under charters derived
from neishborng states are governed in
their operations by laws OF the States
from which they derive their charters,
and the Comptroller Of the Currency has
no power 60 enforce the observance OF
such laws. Nor are these banks under
the special supervision OF the states
from which they derive their charters ex-
cept I'm the requirement that they shall
make certain reports TO the state author
tiles. The Jurisdiction OF the state super
intendent OF banking in each state does
not extend beyond it's boundaries
It is recognized both by the Treasury
Department and by the District govern
ment that this situation is not satisfac-
tory. A bill is now pending in Congress
which has the approval OF the Commits
sioncrs OF the District OF Columbia and
the Comptroller OF the Currency, 10 pro-
vide for the incorporation of banks other
than national within the District and to
prohibit any corporation from doing "A
banking business within the District un-
IL,
throws certain restrictions around prI-
vate or unincorporated banking concerns
i'm the District OF Columbia. At present,
there is no law under which banks OF dis
count other than national and trust COM
panies, organized under authority OF con.
gress, can incorporate i'm the District OF
OF Columbia, ana the pending legislation
is intended not only to place existing in
stitutions under proper supervision and
regulation, but TO provide for their i'm
corporation under District laws.
bill is also pending IN Congress TO
place building and loan associations un-
der supervision OF the Comptroller OF the
Currency
The capitalization Of all banks and trust
companies I'm the District OF Columbia
aggregates Sll3s9 OIL; their Individual de-
posits, as shown by the report OF condi-
ton made TO the Comptroller OF the Cur
rency on November p, 1905, were 3iS,-
73O 92,S7; United states deposits, $2,6Si,-
Oi22 2S and total resources, sS6Oi637t1A
IL is possible FOR the NauonAl Capital to
present model banking system 10 the
United states ana with that end In view,
II Is earnestly 10 be hoped that pending
legislation viii be enacted.
The Randall County news. (Canyon City, Tex.) 1908-1926, 1909-02-19
New Lumber Yard at Umbarger,

The town of Umbarger to the
west of us in this county is on
the increase in a business way.
There is so much building going
on in that section of the country
that the Rockwell Bros. Lumber
Company of Houston, which com
pany is interested in various
lum Der yards in this section of
the state, has decided to put in a
lumber yard there. A large
number of cars of lumber are
already on the road and as soon
as they arrive carpenters will be
put to work to build the sheds
and Office buildings. A large
stock of all kinds of lumber and
building material is to be carried
in order to meet the demands of
the trade in that vicinity.
The Randall County news. (Canyon City, Tex.) 1908-1926, 1909-02-19
ANOTHER RURAL FREE DELIVERY.
Citizen South Of City are Aggitating an AppIi.
cation for Mail Service in That Direction.

Since it seems an actual fact
that the people living west of
Canyon City are to have their
mail delivered at their doors by
the method of rural free delivery,
the people who live south of town
are beginning to aggitate the
establishing of a route in that
direction. Several citizens from
the southern portion of the coun-
ty have been in this city this
week making inquiry as to the
requirements for a petition for
such road and they will make
Investigations to see if they
might be able to meet these re-
quirements. If it appears that
they shall be able to do so they
will start a petition asking for a
rural free delivery route in that
direction.
The Randall County news. (Canyon City, Tex.) 1908-1926, 1909-02-19
For a Gun Club.

Among the leading sportsmen
of this city this week there has
been discussed the idea of form
ing gun club with a view of
increasing interest in sports of
that nature. Quite a number of
people who are not afraid of the
rear end of tirearm have signi-
fed their willingness to become
members of such an organization
and it is likely that permanent
organization will be made at an
early date.
The Randall County news. (Canyon City, Tex.) 1908-1926, 1909-02-19
Hereford Dramatic Club,

Before a large audience at the
opera house in this city last Mon
day night the Hereford Dramatic
Club presented a play entitled,
THE Mansion Of Aching Hearts"
which was well received by the
audience. Some of the talent
showed quite a lot of native abil-
ity and under the direction of
Mr.. Horne, a professional, the
play was altogether quite credit
able Miss Louise Oberthayer
as The Little Mother seemed
to have won the greatest applause
from the audience.
The Randall County news. (Canyon City, Tex.) 1908-1926, 1909-02-19
J. N. Cakes Resigns.

j. M. Cakes who has been
Cashier of the Tulia Bank and
Trust Company ever since it was
organized and commenced bust,
ness, rendered his resignation at
meeting of the directors last
Saturday night, to accept a posi-
ton as assistant cashier of the
First National Bank of Plainview.
Mr.. Cakes has resided in Tulia
for about two years during which
he has been very active in bust
ness of the Tulia bank and Trust
company, under his management
has grown and prospered to an
extent that was surprising and
more than satisfactory to its
stockholders. Mr.. Cakes has
made many warm friends in
Tulia and Swisher county, who
very reluctantly say good bye to
him, but wish his success and
prosperity in his new field of
labor.
W. W. Underwood, who has
been acting in the position of
Assistant Cashier of The Tulia
Bank & Trust company, has been
promoted to the vacancy occas-
Toned by the resignation of j. NJ.
Cakes. Mr.. Underwood is we'll
known to the citizens of Tulia
and Swisher county as a capable,
courteous and affable business
man, and will, no doubt, admin
lister the affairs of the bank in a
manner that will be both salts
factory and profitable to the
stockholders and patrons alike. -
Tulia Standard.
Mr.. Underwood was formerly
in the employ of the First Ma
ton Bank of this city moving
from Canyon City to Tulia and
has many friends at this place
will be glad to hear of his promo
ton to the position of cashier of
the Tulia bank.
The Randall County news. (Canyon City, Tex.) 1908-1926, 1909-02-19
Valentine Social.

Mr.. and Mrs. Travis Shaw
were the host and hostess at a
Valentine party held at their new
home on West Evelyn street last
Saturday night. A large crowd
of young people had been invited
and nearly every one of them
were present. a most pleasing
entertainment was prepared for
the visitors consisting of music
and readings together with other
methods of entertaing. Dainty
refreshments were served and
the time to leave came altogether
too soon for the attendants.
The Randall County news. (Canyon City, Tex.) 1908-1926, 1909-02-19
ChamberlanS Cough Remedy the Most Popular
Because il is the Best.

l have sold Chamberlain 5
Cough Remedy for the past
eight years and find it to be one
of the best selling medicines on
the market For babies and
young children there is nothing
better in the line of cough
syrups, says Paul Allen, Plain
Dealing, La. This remedy not
only cures the coughs, colds and
Group so common among young
children, but is pleasant and safe
for them 10 take. 1t contains no
opium or other narcotic, and may
be given TO a baby as confidently
as 10 a2 adult For sale by the
City Pharmacy.
The Randall County news. (Canyon City, Tex.) 1908-1926, 1909-02-19
A Common Cold.

We claim that if catching cold
could be avoided some of the
ost dangerous and fatal dis
eases would never be heard of.
A cold often forms a culture bed
for germs of infectious diseases.
Consumption, pneumonia, dip
liberia, scarlet fever, four of the
most dangerous and fatal dis
eases, are of this class. The cul-
ture bed formed by the cold ia
vors the development of the
germs of these diseases, that
would not otherwise find lodg-
ment. There is little danger,
however of any of these diseases
being contracted when good
cough medicine like
Chamberlain's Cough Remedy is
used. 1t cleans out these cul-
ture beds that favor the develop
ment of the germs of these dis
eases. That is why this remedy
has proved so universally sue
cessful in preventing pneumonia.
1t not only cures your cold |
quickly, but minimizes the risk |
Of contracting these dangerous
diseases. For sale by the City
Pharmacy.
The Randall County news. (Canyon City, Tex.) 1908-1926, 1909-02-19
Worn Out.

That 5 the way you feel about
the lungs when you have a hack
ing cough. It's foolishness to
let it 90 on and trust to luck to
get over it, when Billiards. Hore-
hound Syrup will stop the cough
and heal the lungs. Price 25c,
SOC and S1.00 per bottle. Sold by
a. H. Thompson, The Leading
Druggist.
The Randall County news. (Canyon City, Tex.) 1908-1926, 1909-02-19

Onion sets cheap at the White
Swan Grocery.
The Randall County news. (Canyon City, Tex.) 1908-1926, 1909-02-19
Spellin' Bee,

The Ladies Aid Society of the
First Baptist church of this city
are to hold an old fashioned
spelling bee in the court room at
the court house tonight. 1t is
desired that every old person as
well as young shall come out.
The old Webster's Blue Back
Speller will be used and in addi-
ton there will be other entertain
ment for the crowd.
The Randall County news. (Canyon City, Tex.) 1908-1926, 1909-02-19
BOOK CLUB ENTERTAINED,
Ladies Society rendered Valentines Party
Last Monday Night al the Park Home.

This is Tuesday morning and
the News man has at least three
things to be glad about The
first is that he married and has
wife. The second is that there
is Ladies Book Club in Canyon
City, and the third one is that his
wife is member of that book
club. If il had not been for the
entire combination it is likely
that he would not have received
an invitation to attend the recep-
ton given at the home of Mr..
and Mrs. d. A. Park last Mon
day evening by Mrs. Park and
Mrs. Sylvester l.. Ingham, at
which time they entertained the
members of the book club to-
gether with their husbands if
they had any.
The affair was given primarily
that the members of the club
might enjoy an evening of pleas
ure apart from their study o:
classics and get better acquainted
one with another and unless the
lady was a member of the club
or the man was was a brotherin-
law to it, no invitation was sent
him or her.
The home was beautifully dec
Grated throughout, the decora-
tons being in pink and white
with many hearts, the valentine
occasion being emembered
thereby. The floral decorations
We're sweet peas.
The guests each had decora.
tons designating the name of
some noted book and the princi-
pal portion of the first part of
the evening was spent in trying
to decipher and much amuse
ment was elected on account of
some of the names represented.
1t certainly tested persons
knowledge of the popular books.
Ice cream frozen in the shape of
hearts, together with cake were
served as was punch which was
served in still another room by
Misses Grimes and Eakman who
presided.
In the bow and arrow contest
c. p. Hutchings carried off the
honors as being the best shot
while Mrs. Robert S. Pipkin
carried the honors in the BOBBY
class for having missed the tar
get the greatest distance.
The entire entertainment was
a success and there was not a .
single person present but thor
oughly enjoyed themselves and .
they stayed until almost time for
the lights to 90 out. The repor-
ter could spend a good deal more
time writing about this enter
tainment but he won't. He wants
TO say, however, that you ought
to have been there
The Randall County news. (Canyon City, Tex.) 1908-1926, 1909-02-19
A Shaking Up

may all be very well so far as the
trusts are concerned, but not
when it comes to chills and fever
and malaria. Quit the quinine
and take real cure Ballard 5
Herbine. Contains no harmful
drugs and is as certain as taxes.
If it doesn't cure, you get your
money back. Sold by A. H.
Thompson, The Leading Drug
gist.
The Randall County news. (Canyon City, Tex.) 1908-1926, 1909-02-19
Evidently Well Pleased.

In a letter to the News Office
this week, G. Franzen of Golden,
HIS, RENTS for subscription to
the paper. In his letter he says
Mr.. H. II. Pyle and myself were
there last week and bought land
and | expect to still buy more"
The Randall County news. (Canyon City, Tex.) 1908-1926, 1909-02-19
D. B. Hill Appointed Judge.

For the new judicial district
which has been made by the
Legislature now in session, the
Hon. d. b. Hill has been APP
pointed as Judge. J. c. O'Brien
of Hartley has been appointed
as District Attorney.
The Randall County news. (Canyon City, Tex.) 1908-1926, 1909-02-19

The White Swan Grocery Com
pany is selling gasoline at 20
cents per gallon and kerOsine at
10 cents per gallon during their
sale.
The Randall County news. (Canyon City, Tex.) 1908-1926, 1909-02-19

Get hot chocolate at Harrell's
confectionery.
Herald and news. [volume] (West Randolph, Vt.) 1878-1943, 1909-07-15
University Club Outing.


The Randolph University club cele-
brated its decenniRl anniversary by
summer outing at Lake Mitchell, Sharon.
last week, going Thursday morning and
returning Saturday afternoon. DR.. J. P.
clifford Of the Lake Mitchell club extend
ed the invitation to the club. The party
were taken to and from the lake at the
Sharon station by big livery teams. The
weather during the three days could not
have been more beautiful and the pleas
ures Of this noted resort were enjoyed to
the full. The company just comfortably
filed the elegant club house, which is
splendidiy adapted to the entertainment
of such parties
The club members, ladies and guests on
this outing were:-Dr. and Mrs. G. j.
Rumrill, DR.. j. p. Clifford, Miss E. E.
Folsom, Mr. and Mrs. E. w. Tewksbury.
Rev. and Mrs. Fraser Metzger. Mr.. and
Mrs. L. B. Johnson, Rev. and Mrs. HON.
er White. Mr. and Mrs. w. r. Iamson,
j. c. Sherburne, Miss Helen l.. wedg-
wood, DR.. and Mrs. E. o. Blanchard, Mr..
and Mrs. NJ. NJ. Wilson. Mr.. and Mrs. J.
W. Raymond, Mr.. and Mrs. v. /. Spesr,
Miss Elizabeth NJ. holden.
The time passed very swiftly, with fish
ing, rowing, games and conversation to
absorb it. The cuisine and service at the
club house, in charge of Mr.. and Mrs.
William Bingham, could not possibly be
improved upon. Even the epicures Of
the University club smothered the table
with praise.
Friday esening the party circled about
cheerful fireplace in the large assembly
room and celebrated the clubs tenth an
niversary with literary program, as fol-
Welcome to Guests" President
Metzger; History Of the Club" M. NJ.
Wilson; Educational and Social Benefits
OF the Club Meetings." V. l. Spear; a'Gas-
Economical Ability OF the Club, - DR.. ].
P. Clifford; 1.-The Clubs Ladies' Nights, :"
K. w. Tewksbury; "Our Summer Out
ings." l.. B. Johnson; Poem, Rev. Homer
White, "Absent and Deceased Mem
bers," DR.. c. ]. Rumrill; Letters from
/ Former Members, j. c. Sberburne. An
hour Of skylark:ng and light pleasure
followed.
Friday morning, the trout catch of the
party, amounting to about twenty
pounds, was served up in q delicious
breakfast. Mrs. Rumrill secured the
largest specimen, weighing l H., ozs.
Dr. Clifford and Miss Folsom encoun-
tered an exciting experience Thursday on
their way down in the doctors auto.
They were making a run to ascend the
bill south Of the Old Church between
Randolph and Bethel when a spliced rod
In the steering gear broke, the doctor lost
control and the machine swerved to the
right, eramping and crushing the left
forward wheel. The occupants were
tumbled out and the machine nearly cap
sized. Miss Folsom was slightly bruised
and famed, bat no other injuries or dam
age resulted, very fortunately. The doc
tor telephoned for Fredd Hayward and he
conveyed them on to their destination in
his runabout.
Herald and news. [volume] (West Randolph, Vt.) 1878-1943, 1909-07-15
BARNARD

o. o. Adams is seriously ill.
Nora CaswelI is working at r. L. Col
toms.
viii Raymond is helping Elisha Flow
ers hay.
Warren Evans has finished work in
Woodstock.
Luna Churchill is working for Mrs.
Eben Lewis.
Christian Science topic for next Sunday
will be, "Life."
The Library club will meet with Mrs.
Hickey July Is.
Mrs. Yeatcn from Brooklyn, n. Y. is
visiting at her sisters, Mrs. Wilson
Hedges.
Bernice Crowell lie at home from Wood
stock, where she has been visiting for
some time.
Mr.. Irwin from Canton, N. Y, and
Miss Emery from Arkansas are visiting
Mrs. Irwin.
Mr.. Warner, Mr.. Evarts, wife,and two
daughters we're at Elisha Flowers one
day last week.
Pearl Brownell and Mrs. cd. CroweII
visited at H. l. Brownell's in Royalton a
rev days last week.
Mr.. and Mrs. W. A. Perkins from
Bridgewater we're in town for a short
time last Wednesday.
Mrs. @. Leon Wells and son, Danforth,
came home Friday from Barre, where
they visited for few days.
Friday evening, July is, the Flowers
family will give the farce, "My Turn
Newt - alao aucfhar short NAV for fbe
benefit Of the library.
Universalist church, Barnard. Rev.
Alfalfa L. J. Irwin, minister. Subject
Tor Sunday, July is, "The final harmony
OF all souls with God.n
Frank Tucker has moved into his house
that be has been repairing and Mrs. Stew.
ems is now living in the house she pur-
chased of him last spring.
Herald and news. [volume] (West Randolph, Vt.) 1878-1943, 1909-07-15
M HEADS NOT WANTED.
..w Is To. Generally Considered a
SIg' Of Advanced Age.

trtrf person does not have an
s,pra With one blessed with a
Es48 of hair, because badness is
.s.fs accepted as an indication Of
g.gy large corporations have es-
4g7asa limit and refuse to take
years o. age as new en-
.ta7 aar cent o. bald headed peo-
.-sa.ra good head Of healthy
assgrfu fellow our advice and ac-
.ra.r We have remedy that
+r5lv guarantee to grow hair on
"a 8ulaa toe roots Of the hair are
81 dead their ioliioles closed, and
~ has become glazed and shiny.
~ rsaa.r 90 try this remedy at our
rab sla distinct understanding
ssrs.. % does exactly what we claim
and r.,rs abstraction in every re-
rr.fsIl make no charge for the
5er.rB during the trial.
4. s14v exactly what we are talking
and With tHis offer back OF our
In. ar one should scoff, doubt our
4, hesitate TO put our remedy to an
udis'.
gsraat every one in Randolph and
.afsh8 s suffering from any scalp or
wta iaudruf, falling hair or
sas 10 try our Rexau "93" Hair
We waut them to use il regularly
4, 5stl three bottle have been used
laN does not eradicate dandrufi,
~ and refresh the scalp, tight
IS hair ga It's roots, fand grow
I, mIE $50 viii return every cent
a. ior the remedy for the mere
There IS no iormaiity expected,
= y exact 40 obligation from the user
.gFu.
F,sfs established right here in Ran
add Bethel, and make this offer
Il & iull understanding that our bust
I, success entirely depends upon the
o. treatment we accord our
-tre,s. and We would not dare make
y f0ye offer unless we we're positively
n6 that We could substantiate it in
wr PARTICULAR
srA Grant, Randolph and Bethel. .
Herald and news. [volume] (West Randolph, Vt.) 1878-1943, 1909-07-15
EAST Rox5uRY

Forrest Fuller was at home from South
Royalton over Sunday.
Miss Lizzie Stewart from Montreal is
visiting at George Knowles.
Mrs. Sarah Freeman OF Groton is at
Elder Ora Boyce's for a few weeks.
Aimee Fuller is spending a few weeks
with her brother in South RoyaltQn.
stillman and Elmer Stevens, who have
been attending muster at Fort Ethan Al
len, returned home Sunday.
Herald and news. [volume] (West Randolph, Vt.) 1878-1943, 1909-07-15

Never can tell when youH mash a
finger or suffer q cut, bruise, burn or
scald. Be prepared. DIR. Thomas Eclec-
trio Oil instantly relieves the pain
quickly cures the wound.
Herald and news. [volume] (West Randolph, Vt.) 1878-1943, 1909-07-15
Music Han Items.

Music Hall Items.
The Bennett Moulton Stock Co. begin 8
return engagement tonight at the Chand-
Ter Music hall with "a Cowbo Ro-
NANCE dealing with life and scenes of
the western country, not a wild western
play, but on the order OF 1.-THE SquRw-
man, "The virginian," etc.
On Friday evening will be presented
''The Lyndon Bank Robbery strong
rural play, founded en- true incident in
Vermont history.
On Saturday evening comes "The Great
Delmsr Handicap" most popular play
OF America, BY an American author.
The return of this most popular COM
pany will certainly be gratifying to local
play-goers who appreciate good plays,
well acted, at popular prices.