Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1909-12-08

L
Uoited States are now erJoyiDg q greater
measure OF property thaa ever before
This ia the statement OF the National
Monetary Commission made 10 q COM
prehensive report ever compiled on the
condition OF national, state and other
banks. Practically ell incorporated
banks and large number oil private
bsnks sent In statements OF their con-
dltlou on April IS, 1909. The number
OF banks reporting wst: National
6, 1898, state IL, 3l9, mutual aud stock
savings 1903, private l,4s7 sud
loau and trust Companies 1,O79.
Ia round figures the resources OF these
banks reach $2l, 1O0, 600 600 The
total deposits are slS. 695, 600, 600,
credited to over 25. 900, 900 dtpositors,
OF whom about one-third have accounts
In savings tanks. The average rate Of In
ierest paid by bank lie 55 per cent.
The number of eeposltors is account
ed for 10 srt by the fact that In many To-
stances single individuals have deposits
in several banks. The banks have loans
to The amount Of $11, 1873, 900, 600 and 8
cspilal of 81, 800, 100000 The number
OF banks hes more than doubled since
1900. Resources show 40 Increase of
about 5 per cent over 1908 and 95
per cent over The smouDt reported 10
1900, while loans have increased 100 PER
cent 10 niue ytars, capital stock has In
creased rs per cent, Individual deposits
SO per cent aud lo;sl deposits 81 per
cent. The average per capita bsnk re.
sources for the entire country Is 1927 "a.
a new snd important committee OF
the Senate, the committee on public ex-
pendilures, held lie first meeting today.
Il Is composed OF the chsiimeD OF the
most important 5erate committees and
few other senators. its duty will be to
keep appropriations within bounds.
There was q discussion favorable to The
proposition Of replacing the committees
with q j1iut commission on which the
Senate, HOUSE and executive branches
Of the government should have repre-
sentsliyes. This QUESTION will be de.
cided at the next meeting of the com.
mittee, which will be held 10 January.
A subcommittee appointed today With
Senator Root as chairman will have re-
ferred to 1t every bill making a new
authorization fox the expenditure OF
money. The other subcommittees Sp-
pointed and heir chairman are military
establishment and pensions, Burton; sg.
riculture. public lands, reclamation and
forestry, Garter; postal service, Aldricb;
aud indian affairs, Bourne.
That the two new 26, 900 ton battle
ships now being built will carry the
most powerful IL inch guns yet designed,
1t Ia asserted by Rear Admiral Mason
from the bureau Of ordsnce 10 his report
to the secretary which was made public
today. The hugh ships will have II
guns Of this new type. Five shells bred
from these guns at range OF over 81
miles all struck within the radius OF less
than 100 yards. The new IA inch gup,
however, which Is soou to be tested, Ia
sill more powerful, 1t will FIRE pro.
sctlle weighing 1,40O pounds With We
Iocity OF 260O foot seconds representing
muzz'e energy Of IS 600 foot-tOns.
Ia q Idicial, "middle Of The read"
speech opening the SIKH national con-
veulion OF the rivers and harbors Con-
gress here today, President TAFT took up
position OF vantsge on The fence, on
The organizations issuesof bond issue
for waterways improvement. The presi'
dent announced himself 10 favor of secur-
ing a declaration from Congress In favor
OF the improvements OF the Mississippi,
Missouri and Ohio rivers as outlined by
the army engineers, and the begin
ming Of work on the prtjs ct with appTo'
pTiatIons from the current national re-
venue, leaving the question Of bond;
issue for later time. Following the
presidents opepiog address, Representa-
tive Joseph E. Rsnsdell Of Louisiana,
president OF the Congress, submitted hit
annual report. A resolutions calling fol
a law making 1t Illegal for railroads Il
own any competing carrier, Including
waterways as we'll as competing lines Of
railroad, will be Introduced by Willism
r. Wheeler Of California,
The s1nste committee on foreign re-
la!ious odsy decided to cou6rm all The
nominations for appointment to posi-
tons 10 the diplomatic aud consular
service sent by President Taft yesterday
A financial statement issued By thC
committees on appropriations Of th'
Senate and The House shows that the
estimates made by the government
officers as to the peed Of their department
for the year beginning Jnly l. makes {
total, IN round numbers olsp79, 0OO, 900
This Is $S0,000,00O lets than lht
estimates for The present gear aud $i4
1000, 900 less than the appropriations fol
this year.
The navy needs 5000 more men, &C
cording 10 Captain n. r Usher, as
sIstsnt chief Of the bureau of navigation
who appeared before the naval Affairs
committee OF the House today. o
these men 1000 are 10 be enlisted mer
and 1000 apprentices.
| The United S ates Potters Association
today elected II. A. MtNicol Of Els
Liverpool, Ohio, president. All business
will be completed this afternoon.
Attempts by President Ze'aya to inci'e thu
Nicaraguan people TO anti.American demon
Estrations are reported in the official disestch
es Of the State Depart ent today. The at
tempts have so far been entirely unsuccessful
and indications are that only the fear Of Il,
laya preyentE pro-Americsn denomination
Somewhere in the Rama district, Nicaragua
there is today being fought battle whlci
may decide the fate Of Zelaya. This is infor
nation received by Senior Ctstrlllo, represeu
regime, here in Washington today
Acting under instructions from the Depart
meut of Justice, District Attorney Wise, {
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