davidaulloa/AmericanStories huggingface dataset:
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1909-10-20
SANTA FE TIME TABLE.

VEifectIve june Q, I5O3.)
From the East Arrive. Depart.
No. ], Southern Cal. Express. a:i5p $3.50 q
No. ,, California Limited. ...12:2Op 1900 p
No. z, North, Cal. Fast Mail..t0:56 p 1916 a
NJ. ., lei +. q Mex. city Exp IL: 80 D 1920 a
From the West
no. 2, Chicago Fast Mall. s. a S:25 a
No. A, Chicago Ltmitcd..... 5t50p 6;2G y
No. s, eli q Kan. city Exp. G;i5p 1.25 p
Pecos valley Trains
No. Sll, Amarillo. Roswell and
Carlsbad ............. 2:20 q
No. St2. from Carlsbad, Hos-
well and Amarillo .... ll:55 d
From the south
no 10. Chi Den. & X. c. Ex.5:O5a 700 a
'No. 10 connects at lamy with branch train
for Santa Fc ana stops at all local points
IN New Mexico.
WILLIAM BALFOUR. Agent.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1909-10-20
FOR SALE--LiVeStoCk.

TOR SALE-Good saddle horse; also
good driver; 3tS West Silver.
FoR SALE Two first class l,20O No.
draft or delivery horses. Must go
quick. -. G.. Williams, are i'utrelle
Furn Co.
THREE year old horse, harness ana
good rubber tired %runabout, III
East Grand Avenue.
FOR SALE--Good saddle pony. 722
w. Lead. can after g o'clock p. IN.
TWO HORSES, gentle, ride or driFc.
Inquire at 622 :. High 1t.
- r-- -
FOR SALE-Horsc, buggy and l1ar-
ness. 615 S. High.
FOR SALE-Hcrd Of Poland China
hogs. John MANN.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1909-10-20
ST. Louis Wool

st Louis, oct. 19.-Wool firm. Med.
ium grades. combing ana clothing, q
a 30; light fine, % m2715c: heavy fine
2fM22c; tub washed, % W3Sc.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1909-10-20

New York. oct. f9-Cotton closed
barely 81 ,ady, net lag points higher.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1909-10-20
AND
COMMERCE
WALL STREET.

New york, oct. 19.-The salient
fact d%iscernable in today's stock mar
kct was the decrease of speculative IN
forest. Doubtless the primary cause
Of this is the narrowing OF
the money market, although the I'M
mediate tone Of money is easier IN
New York than was h case last week
NJ, tbo week before. Apparently the
snaculativc element is not sanguine
IN it's hone chat this relief is to be
free from interruption between now
ana The end of the year.
The tone of the diminished specu-
lation today was greatly unsettled as
was witnessed by he ~unceasing ana
irregular fluctuations OF prices. Lon
don was a seller in this market. There
was selling on a large scale from
sonrces nearer home and which prov
cd enlightening as to h character OF
some OF the preceding buying which
had been relied upon as coming from
wei informed and powerful capital
lists whose leadership, it might be as
st,med. was safe to follow. In some
nr the profit taking sales today there
was suspcctcd a closing out of indl-
vidual speculative accounts running
I'M TO the hundred thousand share
mark of n purely professional kind
Onerations on that scale by board
room raiders created a sentiment Of
distrust Of some of the motives aho
alleged information on which the pre-
,ious accumulation had been based.
This feeling was emphasized by the
2:rroach of the quarterly meeting o.
the t.. S. steel corporation and the
doubt of the kind of stock market re
sponsc which may be made to even
the most favorable outcome of tina
meeting. in view of the price alti-
tude Of the stock and the jubilant as
sortions Of coming events that have
accompanied it.
feature of the situation that
aroused much conjecture was the
strength of the foreign exchange mar
ket which made n further advance to-
day with the continued demand for
remittance.
Special interest attached to the an-
nounccment Of the placing of a bioch
of st. Louis & San Francisco refund
ing bonds with bankers in Germany
PARTICIPATION by foreigners in some
of the bond issues which are in con
temptation are most relied upon u
take up the heavy Indebtedness Of tho
New York money market.
The points of strength in the mar
ket were %spasmodic and they deVel-
oped from time to time in an eceen'
tric manner that made an eXplana'
ton puzzling. Violent advances or
small transactions in the express
stocks were due ia the advance in the
dividend rate on United States eX-
press.
Rumors persisted Of a coming com
bination Of Upper interests with some
effect on copper securities, The south
ern group of railroads felt the intlu-
ence of the Hawlcy deal in Missouri
Kansas & Texas and mysterious init
nations Of a possible further scope
for the plan involved in that deal
C1ne;,,r g+OnlyS.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1909-10-20

New orleans oct. 19.-Cotton quiet
and steady. Middling. 13hc.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1909-10-20
POSITIONS WANTED.


WANTED-Position as nurse by "A re
liable and competent nurse; no OBJ
lection to light house work and willing
10 leave city. Address Nurse, care
Journal.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1909-10-20
HELP WANTED--Ma ale.


MEN LEARN barber trade-Short
time required; graduates carr sl2
to $50 week. Moler Barber College.
Los Angeles.
$500 IN PRIZES free. see window,
ia w. Gold.
WANTED 90 good carpenters az top
wages. No booze Fighters need APP
pN. See $. NJ. Bryan, Bclen, n NJ
NEUTRALITY-SUSPICIOUS. and collector.
must have team. good proposition.
Singer Sewing Machine Co, @lS4 5.
Second.
WANTED Cook, male or female Np-
ply at once, Santa Fo Hospital.
WANTED-A man; must De good
mixer. Apply Bezemok dairy.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1909-10-20

st. Louis. oct t9.-Spelter firm
s6,1o@G.15; lead steady, $A22A.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1909-10-20
PROPERTY LOANS


on Furniture. Pianos, Organs, Horses. wag-
ons and other Cl,attels also on Salaries and
warehouse Receipts, as low as SO 90 and ar
high as $4,000. Loans are quickly made
and strictly private. Time-pne month &C.
one year given. Goods 20 remain in your
possession. our rates are reasonable. Cail
and see us before borrowing. Steamship
tickets to and from all parts Of the world.
THE HOUSEHOLD loan COMPANY,
Roon,s 3 and 4, Grant B,sR.
PRIVATE CFFlCES.
OPEN EVENINGS
se2 IL West Central Ayepue.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1909-10-20
You Don't Want to Forget

That we bake the finest pies, cakes
and bread la the city. The more YOU
eat ot them the better your like
them. II you are tired Of doing your
own baking, Try ours-our goods VIII
win Your favor for ever. They'll
never disappoint YOU. They simply
can't because the process OF their
making is mechanical and hence un-
varying.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1909-10-20
w. l.. TRlM2LE & co.

CORNER 1ST ST. and COPPER Ave.
Livery, Feed and Sale Stables. First
Glass Turnouts ~ Reasonable Rates
Telephone B. North Second Street
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1909-10-20
STRAYED.

STI;AYED or stolen, two year old sor-
rel colt; white hind legs, brand } II
G.. connected. Reward. Phone 222.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1909-10-20
LET Us PUT YOU in TOUCH
lVs ssgr.
STORAGE

WANTED-Pianos, household goods,
etc, stored safely at reasonable
rates. Advances made. Phone $40
The Security Warehouse and improve
mcnt Co. Offices, rooms 3 and 1.
Grant Block. Third street and Cen
trail avenue
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1909-10-20

Chicago Ills, Oct Seattle, Il.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1909-10-20

MONEY TO IfOAl

Short time loans on good collateral
or personal security. 110h SO. 2To
street; phone 612. L.. NJ. Drown.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1909-10-20
EMPLOYM EMIT.

Colburn a Gardner, 2l0 w, silver
Ave, Phone 35t.
WANTED-Bridge carpenters, ar
pcntcr fiuishors, good BARRIER. team
steers; colored waiter. and ten lahorers.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1909-10-20
FOR SALE--Real Estate,

FOR SALE room frame cottage,
stone foundation, bath, electric
lights. nice shade trees. cement
walks. close in. only $500; $t00
cash, and $25 per month, Lloyi Hun
sakor. 205 W. Gold.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1909-10-20
BUSINESS CHANCES

s1.25 PER WORD inserts classified
ads in Sc leading papers in T. 3.
Send for list. The Dake Advertising
Agency, 427 South Main street, Los
Angeles, cal.
FOR SALE-Furnituro stock. Paying
business. Easy terms. Fun par
ticulars. Portcrficld Co. '1G w Cold
FOR SALE-Furniture ct an S-room
roomlng house; rent $50. Apply
2OTiS W. cold
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1909-10-20

value. $%3,370,000. United States bonds.
unchanged ON call.
Evening star., 1909-06-05
The Rock That Moses Struck.
From the London Strand

FROM the London Strand.
The rock of Moses lies in the wild val
ley of the Leja at the base of Jabel Musa.
the Mount of the Law, in the peninsula
of Sinai. The rock is eighteen or twenty
feet high. slightly inclined. a rough in
dentation running over each side. which
is intersected here and there with Sits
and the stone Is worn away in places as
Evening star., 1909-06-05
II from the effects OF running water. It
Is beyond doubt the Oldest known legend

Is beyond doubt the oldest known legend
ary object in the vicinity. The Koran re-
,, fers to this mock more than once, and
from these illusions arose the reverence
of the Bedouins, who hold II sacred From
the middle ages onward II has been Wis
tied by Christian pilgrims. who have
carved rude crosses on its side. OF all the
objects in the desert II is most closey
bound up with the simple faith of its wild
inhabitants and of its early visitanto.
Evening star., 1909-06-05

Character of a Store.
People id entity the
character of a store with
the character Of the paper
in which they see the
stores advertisement.
Evening star., 1909-06-05
THE EVENING STAR
WITH SUNDAY MORNING EDITION.
Business ONCE. 1lth st. and Psnnsylvania Avenue
The Evening Star Newspaper Company,

European Once: Regent St. London, England.
New York ONCE: Tribune Building.
Chicago Once: First National Bank Bull ling.
Evening star., 1909-06-05

The Evening Star. with the Sunday morning
edition, is delivered by carriers within the city
at SO cents per month. Orders mny be sent by
mail telephone Main 244O. Collection is made
by carrier At the end of each mopta-
The Rich Hill tribune. (Rich Hill, Mo.) 1903-1911, 1909-03-25
Hunter Shoots A Horse.

r. 6. b. Pearson was In town
yesterday and stated that some
Sunday sportsman shot his bug-
Nv horse through the neck with
a - calibre rifle. Mr.. Pearson
thinks the affair was Bnintention
al. but that does not alleviate
the injury to the horse. II peo-
pie viii hunt, they should az least
be sufficiently careful not 10 cause
such injury. A few such cases
would debar them from all priv.
ileges on the premises Of our
land owners-Reyiew Tuesday.
The Rich Hill tribune. (Rich Hill, Mo.) 1903-1911, 1909-03-25
BEAVERS ANnoY FARMERS

Beavers are not only becoming
plentiful in the Monument country
bnt are beginning to be destructive
to many Of the orchards Of that Vie
cinity. Many dams are nov being
placed in the North River Fork and
the smaller streams tributary TO the
river iu and about Monument.
Tho farmers say that it is remark
able bow fast these animals have
multiplied during the last few years.
Long Creek Gazette.
The Rich Hill tribune. (Rich Hill, Mo.) 1903-1911, 1909-03-25
Sold his Tobacco.

O. P Wilson, who last year
raised a fine crop Of tobacco on
the DR.. Whipple farm in Pleas.
ant Gap township, has disposed
Of the same at a good price ana
brought it in Monday for ship
ment to Louisville, KY The
weight Of the crop was about Z,
600 pounds, and it was raised on
less than six acres Of ground.
Mr.. Wilson says that while il was
fairly profitable there was much
hard work and attention devoted
10 the crop and he will not try
another :this year BE has re-
Gently leased the fair grounds
farm near this city and viii rent
a few acres TO the Smoot broth.
ers, practical tobacco %raisers,
who will put in a small crop
Butter Democrat
The Rich Hill tribune. (Rich Hill, Mo.) 1903-1911, 1909-03-25
WISE TO X E HABITS,

Excuse me, ma'am, said the
book canvasser TO the lady who had
opened the door in answer TO his
ring but If you have a few mo-
meuis 10 pare, I'd like 10 show yoa
tie great work on the Habits of
Savage Animals.
mo use wasting your time, young
man., replied the female. "Pve been
married three times and know all
about their habits"
The Rich Hill tribune. (Rich Hill, Mo.) 1903-1911, 1909-03-25
Runaway Accident.

Walter Myers, an employee Of
Sonken Wreckiug Co. was in-
iurod Saturday in a runaway
accident while helping take up
the water mains 10 The river. lie
was driving a team hitched 20 a
scraper and the horses ran away.
Mr.. Myers became eqtangled In
the lines and The seroper was
dra aged oyer his body. His in-
juries are not serious
The Rich Hill tribune. (Rich Hill, Mo.) 1903-1911, 1909-03-25
County Officers

Representative, L n griffith.
Circuit Judge, G. a. Denton.
Probate Judge, .. a. rilNers
County Clerk. g. e. Weeks,
Circuit Clerk. d. T.. Embree.
Recorder. i, NJ smith.
Sheriff. W. J Bullock.
Prosecuting Atty. w g. Dawson
Treasurer s. L. Coleman.
school Com'r, A l.. Ives.
Road & Bridge Com r. b. Rorron-
Administrator. John Hayes.
Coroner. Dr. q. A. Lusk.
Presiding Judge j. D. Harper; as
sociatea a. d hyde. T. S. Paddock
The Rich Hill tribune. (Rich Hill, Mo.) 1903-1911, 1909-03-25
ADDED X AFFlx.

In concluding a review Of the les
son Of the Pharisce and the public
can the superintendent said to the
class:
"Nou. then, whose prayers does
God answer
TO which a bright little lad quick
ly replied "ReYublicans'.'
The Rich Hill tribune. (Rich Hill, Mo.) 1903-1911, 1909-03-25
Rsy. Ksasl Relafns.

Tie ~ = Church conference
Ia session AZ sedalia has IN.
nounced ire appointments end
Rich Hill people will be glad q
learn that Rev A. q. Keast has
beenre4Ssned to ch Hill Rev.
Keast bias been in Rich Hill two
years and has made many friends
here
The Rich Hill tribune. (Rich Hill, Mo.) 1903-1911, 1909-03-25
Third District Convention.

The Fourteenth Annual Con-
yention Of the Third District
Missouri Christian Eudeavor
Union viii be held in Butler.
June, Z, 5, Q. 1909. This conven-
ton promises to be one OF the
best ever held. You can't afford
10 miss it. Plan now TO send de-
legates.
Isabel Watson.
Secy Of the Third District.
The Rich Hill tribune. (Rich Hill, Mo.) 1903-1911, 1909-03-25

After several false starts Nell
Eugels and Raw Watson have al
last gone to Texas. a couple of
souvenir post cards mailed from
San Antonio, Texas. furnished
the information.
The Rich Hill tribune. (Rich Hill, Mo.) 1903-1911, 1909-03-25
Keith Notes..
SgashiHs's Weekly LettsT
Interesting News Notes.

"
Miss Hazel Hicks, Of Rich Hill,
was the guest Of Lorine Rand
Tuesday night
Several cases Of mumps are re-
ported in the Reavley reighbor
hood.
Wm Wheatley is quite busy
these days seeing after his young
stock. He has % lambs and p.
little pigs
Jake Thomas. a former Keith
.Ite. but now living near Foster,
passad through our burg one
day last week en- route to the
metropolis Of B ates-Rich Hill
Several of our neighbers have
set their wooden hens, Gncuba-
tors but they can't beat our
/ feathered hen which set on II
| eggs and and Matched Is chick
ems. Who believes Is an unlucky
humber.
We understand that Clipper"
loftbe Review is organizing a sing
! ng school at Reavley. We have
heard Of Clipper as a good farm
er: raises big potatoes, pumpkins,
makes the best cider and writes
/ long interesting items to the Re-
view. bat we never knew he was
a singing school teacher.
Wonder if the Reayley boys
lhaye any followers in the new
style they recently started:
We saw Mark Wheatley, Of
/ Sprague, ia town the other day,
or rather his whiskers for one
could hardly see him for the
brush.
NV, but we are casting on
fish One OF our Arthur friends
hrougat Us two fine ones from
che Is'se recently drained by the
jredee boat.
According TO the weather
.'pruufle vewiG have a cold wet
-pr.re whatever direction tue
wind blows from the s0thto 23rd
IHttbts mouth. that will be the
direction ofthe prevailing winds
.sr ihe uyXt three months SIS
are MOT close observer but ws
taus i5e wind has been in thg
east. urrtdeas and southeast tht
| pastthree days
E-cuse the slang, bat u lha.
wasn't The limit, see THAI erowC
|nIheprg adies peepiug in AZ th'
-aafug link with their biolri
|uudtr their arms, wedont douh
bat 10 tae skaters would hay0
stanara long enough they wuOl,
ua,e bearja few verses OF ID.
scriptures but they kept oi
Skating ana the girls ony stsye'
a Sew minutes, sad ON The wa.
home1be blinds being up az
prominent churohlm ember'
house a card psgty vas bein.
entertained according b 90
Hides ui thinking well we Wi
let ,he readers guess GU
thoughts.
The Rich Hill tribune. (Rich Hill, Mo.) 1903-1911, 1909-03-25
SAVING TIE PIECES.

why did YOU steal the horse?'
II Was drunk
"Couioss the circumstances and
ask tHC mercy Of the court.
"N@er, The only thing / have
.eit now is my reputation Tor So
briefly. Cleveland Leader.
The Rich Hill tribune. (Rich Hill, Mo.) 1903-1911, 1909-03-25
UPERciLioU

"Do you expect me to do the cook
ingf" asked the housewife, indig-
nantiY.
Certainly not answered the
new servant "l'm something Of an
cpicuuc.
The Rich Hill tribune. (Rich Hill, Mo.) 1903-1911, 1909-03-25
SAC auT COMMON CASE.

Kuicker-Did Jones lose control
of bis aulos
Boeher-Entirely; his chauffeur
won't let him use it at all.-NCw
York sun.
The Rich Hill tribune. (Rich Hill, Mo.) 1903-1911, 1909-03-25
A POSSIBLE PANIC.

The Mother-My son. Whatever
are You trying TO do TO your bank +?
The Boy-lm just Dustin il open
10 So how much pa LETT after be
made a run on il this morning
The Rich Hill tribune. (Rich Hill, Mo.) 1903-1911, 1909-03-25
Local News.
Personals Telling the Doings
Of People You Know.

yesterday,
Charlie Asbury went to Neya
da Wednesday.
Mrs. Johnson Of Butler was go
this city Tuesday
The High School basket ball
team goes 10 Hume today.
Geo. Huckeby, Jr leaves today
for a trip through Oklahoma.
Miss Zet.a Walters was s
Nevada visitor Friday afternoon
c. +. Kienberger, was in town
Tuesday from east OF the river.
This week we received a IL
newal from Ii. G. Whiting at Mt.
Hope, Kansas.
IEditor Williams and wife Of
Metz, were Rich Hill visitors
Tuesday.
Paul Frow came home Sunday
from a two weeks visit at Cohey-
vile, Kansas.
w. G. Morrison and Lee TwY-
man, Of Metz, were Rich Hill
visitors yesterday.
Miss Erma Moore will give a
musical recital az the N. f
church, south, April End.
Mrs. W. b Dawson, of Butler
returned home Tuesday after
her visit in this city.
Mayor PrebH, Of Appleton
City, spent Sunday in this city
the guest of Or. II D, Olsen,
DR.. o. c. Olsen, the veterin-
arian, Of Kansas City, was in
this city Saturday ans SUNDAY.
A Good, well improved 1G0
acre farm for rent Rich Hill
Realty, Loan and Investment
lCo,
An the Rich Hill stores have
large stocks Of spring goods 10
and are enjoying a good patron
age.
p. NJ. Allison. Democratic
candidate for county school
superintendent was in this city
Saturday.
The Frank Cheyerton property
conner Of 2ud and Walnut, is be-
ing o|verhaulcd. H. will be oc-
cupied by Frank KiIiz.
Twent two people, six families
left for Idaho Monday via Frisco
TO make their future home. The
party chartered a car and will
go straight through.
Read the advertisements in
this ssue. One watching the
ads will save many a dollar in
the course Of a year. II pays to
trade with advertisers.
a team hitched 10 wagon at
Johannes took fright Tuesday
aud ran about two blocks south.
No damage was done except tc
the wagon.
Miss Maudn Chambers. a..
Nevada and Miss Marruriis
DOUGLAS ~ Ia Harne. Kansas.
The Rich Hill tribune. (Rich Hill, Mo.) 1903-1911, 1909-03-25
Frisco Time Gard.

TRAINS DEPART,
80. Is. Passenger..- n.40 a. M
No. Ie9. Mixed .......,.. 500 p. 10
TRAINS ARRIVE.
No. I63, Mixed 1910 q. 10
No. ISL, Passenger -...-3.30 p IN
Is2 connects at Linton with trains
Tor Kansas Citt. Ut scott, Pitts
burg. Joplin and southeastern and
Oklahoma Poiuts.
is0 connects sc pleosauton with
trains for Kansas Clty and for Okla
homa and Texas points
Geo b CuNoNER, Agt
The Rich Hill tribune. (Rich Hill, Mo.) 1903-1911, 1909-03-25

Paipt time IS here. We guar
antee oeg paint and make the
best Price-That leaves no ar
gumeut
The Rich Hill tribune. (Rich Hill, Mo.) 1903-1911, 1909-03-25

John Heck. T. !. Richardson.
Geo. Cohh and Frank Mahbott
arc goingto Kansas City today a.
see the wrestling match between
Frank Gntch and Rouol do Roupn
at Convention Han tonight
The Rich Hill tribune. (Rich Hill, Mo.) 1903-1911, 1909-03-25

IF you wish your feet well
4 and fashionably shoa
at a moderate expense you
should bay a pair Of the
new Dorothy Dodd" OK
tords They are up-to-the-
minute in fashionable
elegance
The Rich Hill tribune. (Rich Hill, Mo.) 1903-1911, 1909-03-25

SUNSHINE
The Rich Hill tribune. (Rich Hill, Mo.) 1903-1911, 1909-03-25

Miss Naudr Chambers. az
Nevada and Miss Marguerite
DOUGLAS - Ia Harne. Kansas
who had heeu tho Guests Of Thos
Ashurv and family 81 the East
side, departed yesterday for
their homes
Cameron County press. [volume] (Emporium, Cameron County, Pa.) 1866-1922, 1909-11-18
Comptroller Murray and Bank Loans.

National banks are restricted in the
size of the loans they may make to
any one person. Up to a few years
ago the restriction was very great
too great, indeed, to be practicable or
desirable. Now, however the law is
liberal, since it permits loans to the
amount of ten per cent. of the COM
bined capital and surplus of the bank,
with the provision, however, that none
shall exceed 80 per cent of the capi-
tai.
Comptroller of the Currency Murray
has just announced that he is about to
devote especial attention to enforcing
this provision. 1t is said that not
many years ago 60 per cent. of the
banks violated it, but that at present
the percentage has been reduced to
10. The comptroller holds that there
should be no violation at ALL He is
handicapped, however, in his efforts at
enforcement by the fact that the only
penalty he has it in his power to in.
fiict is the revocation of an offending
banks charter. And where the excess
loans in no way impair the banks sol
vency he hesitates TO impose so radi-
cal 4 punishment. Nevertheless. he
has announced that just this punish.
ment he will be compelled to resort
to before very long.
The situation has one moral for con-
gress which is very plain. 1t is that
TIE statute should be so amended as
to permit the comptroller to use pen
alties on a graduated scale. A pro
vision that banks would forfeit all in
terest on excess loans might serve
very well as a penalty for first of
Tense