davidaulloa/AmericanStories huggingface dataset:
El Paso herald. (El Paso, Tex.) 1901-1931, 1910-05-10

F6Continued From Page One-)
will or which a year or two OF ao-
evrs;tv woul readily correct; but
through long indulgence and pracuce
+bev have been so deeply ingrained
i, the very fabric of our character as
to become instructive
Waste on Autos
We are squandering on pleasure We
bicles annually sums or money run
ming into hundreds of millions OF COL
lars The initial cost of automobiles
- American users amounts to not less
than s250.0O0.O00 a year. The upkeep
and other necessary expenditures, as
we'll as incidentals, which would MOI
otherwise be incurred amount TO al
least as much more. This vast sum Is
equivalent in actual economic waste
each wear to more than the value OF
nroperty destroyed in the San fran
cisco fre-perhaps to twice as much
thousands upon thousands Of our
neople. frenzied by their desire TOT
s1re~and crazed by passion 10
snend have mortgaged their homes
pledged their life NEUTRALITY-SUSPICIOUS.
withdrawn their hard-earned savings
from banks to buy automobiles; ano
have thereby converted their mooes'
assets into expanding and devouring
liabilities. The spectacle is astound-
ing.
do not wish to be understood as
singing out the automobile industry
for attack. 1 decry the use Of the ma
chine for purposes of pleasure by class
es who must go into debt or give up
their savings to indulge that pleasure.
A Striking Illustration.
To illustrate clearly and conclusive
" +ba relation between credit and high
nrices let us turn to the individual de-
oosit and loan items of the banks over
a considerable period and compare the
remarkable similarity amounting 10 q
parallel in the growth or decline OF
these items. Take, for example, the
national banks during the lo years
from 1900 to 1909, inclusive: February
18Th 1900 there were 1904 banks in
the national system: their aggregate
loans were s2,4S1, 100000; their aggre-
rate deposits were s2.4S1, 100000 Six
wars later. the statement OF January
90 1906. showed 5911 banks with loans
aggregating s4,071. 100000 and individ-
nal deposits of s40SS, GOO. 900. Novem-
her 1909. the number Of banks had in
creased to zoos; their loans were so,-
$4,000 600: their individual deposits
were s5,120,OO0, 00O- Here, during a
period of 10 years. there was net
Increase in loans Of s2,667 100000. Dur
ing the same time the individual de-
posits increased s2,6S9, 100000. Not
withstanding the enormous amounts
involved, the increase in the items Of
loans and of individual deposits
through the whole period are within
IL percent of an absolute parallel.
Credit Rises With Loans.
The relation between credit and high
prices is shown by the gradual rise
in the average of the index number of
El Paso herald. (El Paso, Tex.) 1901-1931, 1910-05-10
AFRAID TO
STAY ALONE
Mrs. Moore, of Cherry Valley
Was In Fear all the Time
Till She Took Cardu;.
the Woman's Tonic.

Cherry Valley, ART used to havs
blind. dizzy spells" says Mrs Carrie
Moore of this place. "and was in fear all
the time that something was oins to
happen.
had headache. nearly all the me.
my heart would palpitate. my vitality
was very low. When I would lie down.
at night. would have no hope of living
until day.
I was afraid to stay by myself. and
when I started out from the house I
would not be sure or getting back. I
had cold feet and hands, and my feet.
and legs would swell up. every month
At last 1 began using Cardui. and I
had taken bottles before 1 could feel
it was helping me. I continued TO take
it until 1 had used about II bottles and
have for years and am able 10 wash
and cook for in the family. 1 cannot
praise Cardui enough, for what 1t did
for me-"
For you, lady reader. Cardui will do
as much. as for the writer OF this letter.
if you viii only give it fair trial.
Cardui is a tonic. 1t helps steady the
nerves and builds up new strength.
Are you woman? Do you need a
tonic? Try Cardui, the woman's tonic.
Your druggist sells il.
El Paso herald. (El Paso, Tex.) 1901-1931, 1910-05-10
FROM THE SUNNY SOUTH LAND.

Nature has been lavish in her gifts to
the South, and none is more important
and practical than her gift of the Cotton
Plant. In the soil, warmth and sunshine
Of the South, the Cotton plant attains its
highest perfection. Formerly, only the
white, downy lint of the Cotton Boil was
preserved, but today, from the kernel Of
he cotton seed is pressed an oil which
compares favorably with the purest olive
oil. From this oil of the cotton seed is
made cooking fat called Cottolene. In
Efficiency, purity and wholesomeness,
Nottolene far excels the fat of the hog,
and it has well been named "Nature's
gift from the Sunny South
El Paso herald. (El Paso, Tex.) 1901-1931, 1910-05-10
THREE LIVE ONES ON
THE JOB FROM DALLAS

n TenisoIs---one m please, to dis
tinguish it from ahot5sr famous family
who lived and wrote in orlnglancNNls On
the Job as the representative of thG
American Exchange bank of Dallas. the
CITY of Dallas, the great commonwealth
of Texas and the country at large In
addition to these honors, president
Tension was accompanied to FL Paso
by Nate Adams, which makes honor
enough for even bank president
All the way from Athens is almost
the way the story of R. P Wofford s
life might read to date. AT present
cashier of the Commonwealth National
bank of Dallas, but not always thus
he came originally from Athens, which
is a town in Texas according to the state
map. 1t has been less than year since
Wofford, r. P, left dear Athens by the
cotton field for big. noisy, busting
Dallas, but in that time he has caught
on like an old timer and knows the
trade like a bank clerk president Of an
old line bank.
George E. Bird is that and more. He
is a peach, a two minute trotter, SIX
cylinder Benz and all the rest He Is
also assistant cashier of the Common
wealth National of Dallas and works in
the wicket labeled cashier when R. P
Wofford is out OF town on business
El Paso herald. (El Paso, Tex.) 1901-1931, 1910-05-10

commodity prices for six years prior
to the panic: and also by the decline
in the index number during 1sOS. as
well as in it's rapid rise since that
time These movements correspond
precisely with the expansion OF loans
and increase of deposits already SHOWN
while the index number recently has
reached the highest point within gen
Grafton. and a point so high as to
cause apprehension for the future, un-
less means be found TO accomplish sub
stantial and healthy reduction
An Example.
The balance of trade" of a nation
represents the difference, computed In
its own money, between the value OF
goods exported and Of goods imported
in a given period. When our ex-
ports. or goods sold to foreign coun-
tries, exceed in value our imports, OF
goods purchased from foreign coun-
tries. then the balance OF trade IS
favorable" and that balance consul
tutes an international credit When
the value of goods bought in foreign
countries exceeds the value OF goods
sold then the balance is unfavorable
and the difference constitutes a DEBIT
against US Taking the ten years be
ginning with 1899, and ending with
1908. we had an annual average excess
Of exports over imports of s5l1,Z15,-
mao ar q total excess for 10 years OF
more than five billion dollars
During these ten years we-prousnl
in. against this enormous credit~oal@e
ance gold coin and bullion to the net
value (that is, the difference between
exports and imports of gold of only
s2s7. 262 900; and of this amount, sl39,-
OOO. 600 were imported during the panic
months of 1907 and the early part OF
1908. not in response to trade demands
but because we bought the gold at pre-
mil1ms in the open markets TO be
used as reserves against expansion OF
credits necessitated by the stress Of
the moment. During 1908 and 1909 at
ter the panic was over we sent back
not only the whole of this forced i'm
portation, but a sufficient amount be-
sides to bring the total exports of gold
up to S204, 900, 900; so, as the net result
of accumulated trade balance due us
In ten years, amounting to over five
billion dollars, we actually collected
and retained only the difference be-
tween s2S7, 100000 and s204,000,000. or.
say. $4,000, 900, an amount utterly in
significant in comparison with the enor-
nous excess Of our exported merchan-
disc
El Paso herald. (El Paso, Tex.) 1901-1931, 1910-05-10
DALLAS Nan WHO CARRIES
Many HONORS WITH HIM

Just as if being vice president of the
biggest bank in Texas and a former
president OF the Texas Bankers asso-
citation, is not honor enough for a
whole family. A. V. Lane. vice president
Of the American Exchange bank. Of
Dallas, is also the father of Miss Alice
Lane, the charming Dallas society girl
who is creating such furore at the
bankers convention.
Mr.. Lane was president of the asso-
citation in 1903 and 1904, and has been
with the American Exchange since the
memory of man runneth not to the con-
trary In addition TO his financial i'm
portance, Mr.. Lane is also one of the
leading Masons of the state and was
here to attend the Knights Templar
conclave last year.
El Paso herald. (El Paso, Tex.) 1901-1931, 1910-05-10

George w. Baker. cashier of the
county clerks office at Lockhart before
he became a banker. He has been bal
ing it for eight years.
c. T. Schawe is a merchant and bank
er at Maxwell, Texas. He is also one
OF the organizers OF the Lockhart Ma
tional bank He used to be a farmer
Wilbur Hattery is the assistant cash
Ter of the Continental National bank Of
Chicago. He is one of the few Windy
City folk here.
A H. Gee is president of the Pilot
Point National bank He thinks the
swimming's fine in FL Paso.
J. T Pemberton and wife are attend
ing the convention from Fort Worth,
but it is not Mr. Pemberton's first time
at convention. Not by five or six he
just brought Mrs. Pemberton along 10
help in the fun making. Mr.. Pemberton
is vice president of the Farmers and
Merchants National bank of FIT Worth,
which is some little bank over in that
section.
St Elmo Shedd. cashier of the Fort
Worth National, is another of the Fit. W.
delegation who is here for the purpose
OF obtaining the greatest possible
amount Of fun for the least outlay OF
effort.
Henry James, not the literary light
but the banking beacon from Abilene
is here In fact, he has been here since
Monday morning and he brought MIS-
James along to meet all of his friends
among the bankers. Fort worth mas
nothing over Abilene when 1T comes 10
foxy names for banks. Fort worth may
have its F. s, NJ. bank but as for ADlIene
1t is the Farmers and Merchants pahh'
spelled out Just that way and Hon
Henry James is vice president thereon
E Harding, assistant cashier OF the
Fort Worth National, and w. E. Con-
nell. vice president of the First Ma
tional, accompanied by Mrs. Connell, are
others of the Fort Worth delegatloh
who are here for the T. B. A doings.
AS nifty as a matinee idol and as
chummv as an owl cabman, J. A BERN
inghaus came all the way from ST. LOUIS
TO get chance to wear that new sum-
mer suit and startle the natives Bernie
Is 1.-The boy cashier" of the Central Ma
tional bank of st. Louis. also the orig
inal duplicator, whatever that Is Adoip
Schultz swears he is and Schultz shoulo
know for he is somewhat of dupli-
Gator in his own right. BY way or con-
fession B-haus says his name was
originally clearinghouse but living IN
ST Louis, the German spelling appnes'
hence the pretzel twist to the last par'
of his name. J. A. is unmarrfed-yet-
FLOYD Shock, of the Union Trust COM
many is live wire-get it-shock-Iive-
wire-joke He came to FL Paso by way
! of the Mississippi and up the Rio u.
TO Ell Paso TO attend the convention and
meet a lot of the Union Trusts friends
among the Texans He failed TO stare
on the official register whether he was
married or single, accompanied or alone
Franz Groos, of the original mouse
of T. Groos & Co, private bankers, ol
G. ,ntonio Is representing one Of the
El Paso herald. (El Paso, Tex.) 1901-1931, 1910-05-10

five presidents. Of whom three were
from Galveston, and two from Houston
within the past seven years. the last
being c. A Beasley four years ago.
The second district has contributed
four presidents namely, from GonZales,
Victoria and San Antonio twice tne
last being Edwin Chamberlain three
years ago.
The third district has given four
presidents, namely. from San Marcos
Eigin and Austin twice. the last being
w. H. Rivers five years ago
The fourth district has been drawn
upon for four presidents. namely. from
Bolton, Mexia, Roekdale and Temple,
the last being r T. Downs 10 years
ago.
Tie fifth district has furnished three
presidents. namely, from Dallas Nc
Kinney and Waxahachie, the last be-
ing this years retiring incumbent,
judge o. E. Dunlap.
The sixth district has given. two pres
idents, namely, from San Angelo and
Brentwood the last being T. c. Yantis
two years ago.
The seventh district has furnished
three presidents, namely, one from
Gainesville. and Fort Worth twice, the
last being N. B. Lloyd Il years ago.
1t will be seen from the foregoing
that the two districts that have been
passed over the longest are the seventh
district. y years, and the fourth dis
trict 10 years.
The seventh district extends from
Johnson. Tarrant, Denton and Cooke
counties on the east to FL Paso in the
extreme west, including all that vast
banking territory of the panhandle
with Amarillo. the largest - banking
point centrally located as to the entire
district.
El Paso herald. (El Paso, Tex.) 1901-1931, 1910-05-10
HOW THE CLERK KNEW
1T WAS HIS FIRST TIME
When Banker Asks for Room for Him
self and Wife, Clerk Knows He Is
Not Used to Conventions.

THAT reminds me-" said Dan Norman.
who comes from Chicago on the drink,
in the billiard room of the ElkS while
Ben Smith was telling how he hs$7ened
to leave Mrs. Smith at home BY the
way, this has nothing TO do with Smiths
case. This afternoon in the Sheldon a
man hurried up with the travel dust
from the T. & P. on his coat collar.
|Gimm me a room for myself and wife,
he said.
You men who are here attending
this convention for the first time will
have to stand back and give the old
timers a chance the clerk answered.
but how in the world did you know
1 was here for the first timer
Easy money replied the clerk in
his best Sheldon style "A man who had
been to a bankers convention before
never takes his wife.
El Paso herald. (El Paso, Tex.) 1901-1931, 1910-05-10
1T WILL PAY TAXPAYERS TO
VOTE FOR MUNICIPAL OWNERSH

The first water committee, j. G.. Nc
Nary, chairman, determined that fair
and reasonable gross return the
water system under private manage
ment would be S197 200, while a fair
and reasonable gross return 10 meet
fixed charges and operating expenses
under municipal ownership and efficient
management would be only s14S, 900 per
annum, making a difference i'm favor of
municipal ownership OF nearly $4,000
per annum-this In addition to the s20--
900 now paid by the city for water for
public purposes which would be saved
under municipal ownership
El Paso herald. (El Paso, Tex.) 1901-1931, 1910-05-10
BANKER HERE FROM WALL
STREET; REAL NEW YORKER

Wall street to the average FL Pasoan
is as mysterious and as faraway as the
pyramids or the Llama of Tibet Then
to have a banker in reply to the usual
where are you from. brother" ques-
ton, to calmly-yes. sir, calmly is the
word-say that he is from S3 Wall
street, is enough to make one spar for
wind.
W P Venable talks of money kings
and J. P. Morgans as if they were his
daily playmates. OF course he does not
really talk of them in that way, but he
could if he wished to. which is equiva-
lent The Mechanics and Metal bank
is Mr.. Veneables home address when
he is at home. he being manager OF the
southern department Of that bank.
El Paso herald. (El Paso, Tex.) 1901-1931, 1910-05-10

count; he will deposit fifty-six dollars
Good morning"
I rose
A big iron door stood open at the
side OF the room.
Good morning" 1 said, and stepped
into thu safe
Come out" said the manager Colby
and showed me the other way
went up to the accountants wicker
and poked the ball of money at him win
a quick convulsive movement as II
were doing a conjuring trick
Ny face was CHASTITY pale
Here" 1 said, deposit it, The tone
of the words seemed to mean, Let US
do this painful thing while the fit Is
on US"
He took the money and gave it to an
other clerk. He made me write the sum
on p slip and sign my name in book
no longer knew what L was doing
Tho bank swan before my eyes
.Is it deposited?" 1 asked in hollow
vibrating voice
1T is" said the accountant
.sThen l want to draw q check
Nv idea was to draw out six dollars
of il for present use. Some one gave
ma a check book through a wicket AID
some one else began telling me how TO
write II out. The people in the bank
had the impression that l was an IN
valid millionaire. 1 wrote something
on the check and thrust II IN at the
clerk. He looked at it,
..WhatI are you drawing IL all out
AGAIN." he asked in surpris- Then L
realized that 1 had written fifty-six IL
stead of six 1 was too far gone 10
reason now. I had a feeling that II
was impossible to explain the tning- All
the clerks had stopped writing 10 looA
at me-
plunge
yes. the whole thing"
You withdraw your money from the
bank2"
more?" said the clerk, astonished.
Never
An idiot hope struck me that they
might think something had insulted me
while | was writing the check and that
I had changed my mind MADE
wretched attempt to look like man
with G. fearfully quick temper
The clerk prepared to pay the money
How will you have it?' he SAID
WHAT"
~Oh'I caught his meaning and an
suered without even trying TO think
'in fifties.'
He gave me a fifty-dollar bill
And the other six?'' he asked dryly-
I'm sixties l said
He gave it to me and / rushed out
Tho door swung behind me ana
caught the echo Of laughter that went
I'D to tn ceiling OF the bank
bank no more. 1 keep my money IN
cash in my pocket and my savings IN
silver dollars in a sock
Stephen Leacock-
El Paso herald. (El Paso, Tex.) 1901-1931, 1910-05-10
COMES 900 MILES To BE
At THU CONVENTION.

OF all the visiting Texas bankers,
J. A. Pondron has come the farthest.
He has flown about 900 miles, just
about as far as one could go and still
keep within the limits of the largest
commonw ealth. or course. Mr.. Pondron
halls from Texarkana. He IL not only
vice president of the National bank
there, but is president of the board of
trade. He is known TO many Texas
bankers. having served Is years with
the National bank of Dallas. Mr.. Pond
ron started his career in Texas as
accountant of the Texas & Pacific rail-
way.
El Paso herald. (El Paso, Tex.) 1901-1931, 1910-05-10
Ell PAso HAS REPUTATION.

Wonderful change" says George B.
Harrison, jr., relative of course, to Ell
Paso and it's growth. Mr.. Harrison, who
halls from Kansas City, visited FL Paso
six years ago. and he could not believe
his eyes when he arrived Monday even
ing. eel Paso is looked upon as quite
substantial in Kansas City, he said. Mr..
Harrison is vice president of the New
England National bank of Kansas City.
El Paso herald. (El Paso, Tex.) 1901-1931, 1910-05-10
A DAVID HARUM MORT
OF 4 HIGE FISSANCiER.

Judge Looney, of Colorado CitS, who
divides his time between his banging
and cattle interests down there, is n
town, accompanied by his daughter. The
judge tells this one on the son OF a
stockman In that country:
Eye see me an me brother is jes like
them new steers O. dads; they're so
much apart We can't tell 'em alike; one
on 'em is coal black an the other is
coal white"
El Paso herald. (El Paso, Tex.) 1901-1931, 1910-05-10
SAYS IT'S HOT, AND HE'S
FROM HOUSTON,

as this your first time in Il Paso.
Me-. Mccarthy"
Its my first time in Jail; please come
around tomorrow when it's Cooler.
j. 7. Mccarthy is cashier Of the
American National bank at Houston and
Is n JOLT coed fellow ASK anybody.
But JUS think of MAJ from Hous-
ton esL-rlaining Of heat in FL asn
If an 81 Pasoan ever finds 1t os got
after Geath as il is in Ho 1871 any I'D
summer day, he won stay dead.
El Paso herald. (El Paso, Tex.) 1901-1931, 1910-05-10
LIVE MAN FROM LIVE
TOWN WITH A DEAD NAME

Santo in Spanish has something to
do with graveyards and dead ones. Not
so S&nh. Tex. 1t is the livest little
town. on e big map of this little state.
andJ its linking representative at the
confentiV is even liver than that thriv-
ing city L the plains His name is John
CT Dyer, which comes mighty near be-
ing he sane as our own. FL Paso brand
III John Der. John C. is cashier Of the
El Paso herald. (El Paso, Tex.) 1901-1931, 1910-05-10
BANKER Is BANKERS son.

F. II. WEIGH is the vice president of
the First National bank of Taylor. Tex.
and he is in town with the bunch. Mr..
WEIGH comes by his trade honestly
He is the third generation OF bankers,
as 1t were. His fathers father was a
banker. and his father was president
Of the Taylor bank when young WEIGH
started in as teller.
El Paso herald. (El Paso, Tex.) 1901-1931, 1910-05-10
Sticky Sweating
Palms

after taking salts or cathartic
waters-did you ever notice that
weary all gone feeling-the palms
of your hands swaziland rotten
taste in your mouth = Cathartics
only move by sweating your bowels
DO a lot OF hurt-Try CASCA-
RET and see how much easier the
lob is done - how much better
you feel o
cAscARRTS roc a box for a weeks
treatment all druggists. Biggest seller
Ia the world. Million boxes month
El Paso herald. (El Paso, Tex.) 1901-1931, 1910-05-10

Solid silver mounted. an ideal GIN
and worth $500 OF anyone's money, In
being sold at the Hixson jewelry store
for s2.75, while they last It's an extra
good value and mail orders VIII receive
prompt attention but express charges
on this offer must be collect
El Paso herald. (El Paso, Tex.) 1901-1931, 1910-05-10
JESS BAKER Is STRONG POLITI-
CALLY-ALSO HAS A REARr

Jess Baker is one of the few attend
ing bankermen who allows himself the
luxury OF a full beard But his chin
decoration did not make him famous.
Mr.. Baker is serving his second term
in the house, representing Granbury, or
the district thereabout. Incidentally he
is vice president OF the Granbury First
National bank.
El Paso herald. (El Paso, Tex.) 1901-1931, 1910-05-10
BANKERS GET PAST THE
MIGRATION MANS INSPECTION.

William NJ Johnson, United States i'm
migration inspector at the union sta
ton was at the station gate Monday
afternoon when the special trains bear
ing the bankers arrived. looking them
over from an immigration standpoint
Tra bankers passed the officials scru-
tinv Nike one-tWo-three- Those fell
lows look good TO me-" he said II
think I WIN pass them I wish all i'm
migrants looFgi> as good"
El Paso herald. (El Paso, Tex.) 1901-1931, 1910-05-10
WAS LAwYER BUT OUT.

r. H Looney is attending his first
bankers' convention. He comes from
Colorado. Texas. and is vice president
OF the National bank there. He was
lawyer until recently. and used TO come
to FL Paso twice a year in attendance
a. the district court. "Oh, I've watched
FL Paso grow" he explains
El Paso herald. (El Paso, Tex.) 1901-1931, 1910-05-10
HOSTETTER'S
STOMACH BITTERS

and notice the quick improvement in
your general health. 1t tones and in
vigorates the entire system and prevents
Loss of Appetite, Heartburn, Headache,
Indigestion, Costiveness and Malaria.
El Paso herald. (El Paso, Tex.) 1901-1931, 1910-05-10

First National of Santo and has enough
good looks to take him on the stage
He is a friend of everyone. and is hap
py TO be here. That's the exact word he
used happy" just like that, and 1t
sure tickles some to hear him say 1t as
If he was telling the truth on OATH
El Paso herald. (El Paso, Tex.) 1901-1931, 1910-05-10
SAD--RUT TRUE

There are thousands OF persons today
suffering from ailments of the Stomach.
Liver and Kidneys, who are dieting or
experimenting with this or that remedy
in the vain hope of finding q, cure. It's
all a mistake. Let every such sufferer
take
El Paso herald. (El Paso, Tex.) 1901-1931, 1910-05-10
BANKERS To SEE SHELTER AND
CEMENT PLANT ON G.. III. SPECIAL

Thursday morning the c. H. Will
make up a special train of IL cars to
take the visiting bankers for inspec-
ton of the smelter and cement plant.
The train will leave the St Regis hotel
at 1880 o'clock Thursday morning.
El Paso herald. (El Paso, Tex.) 1901-1931, 1910-05-10
WAS SURE A FARMER.

j. w. Hay3 started bookkeeping in
the bank Of SSdler, and now he is cash
Ter. He use@to be a farmer Vas. he
is a native san
El Paso herald. (El Paso, Tex.) 1901-1931, 1910-05-10
Knoblauch Drug Co.
MAKING THE FIRST
DEPOSIT IN A
BANK

CONTINUED From Page one.5