davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1910-12-01
AT THE WHITE HOUSE.
-, -,a ~-,h,,ne nureau.I


wasb;np.on. Nov. sO-President Taft Is
still giving his undivided attention TO his
message. which he hopes to turn over "
the Public Printer Friday evening. nc
Cabinet meeting called for to-day was
cancelled. The Secretary of State, the
Postmaster General and James McCrea'
president of the Pennsylvania Raiirodu
were the only callers to see the PRESSURE.
to-day. Representative Payne Called Du'
was less successful.
Claude Grahame-W White. the aviator. teie-
craphed President Taft: "On sailing from
your hospitable shores allow me 10 tii&iiii-
YOU most heartily for your kind apprecia-
ton of aeroplane flights. I trust may
have the honor Of demonstrating TO you
thc r1oid advance in the science Oh AVA
ton on nv return to the states next year
Ex-V,ce-President Fairbanks, who with
President Taft will be among the guests
at the Gridiron Club dinner SATURDAY
evening. has accepted an invitation 10 Dc
q weekend guest at the White House
Mrs Taft will occupy box at the Ne"
National on Monday night at oeheh'
performance for the Junior Republic Yes
terdav afternoon Mrs. Taft attended the
recital of the Kneisel Quartet at the Meth
erlands legation with the Minister ana
Mime. Loudon as hosts.
The President and Mrs Taft entertained
informally at dinner tonight the Assistant
Secretary of the Navy and Mrs Beekrnan
Winthrop, the Secretary TO the President
and Mrs. Norton, Miss Margaret Ide, MISS
Cotton, Miss Boardman. Miss Helen TAFT
General Clarence r. Edwards. Oden Horst
man. H. C. Emery and Lieutenant Com
maQder Palmer
New-York tribune., 1910-12-01
DIR. COOKS CONFESSION.

We do not know that anybody is par
ticularly desirous of being vindictive
against DIR. Cook. The local public may
cherish some grudge against him for MS
having given to a numerous portion OF
it an eagerly embraced opportunity to
act foolishly The whole nation has
reason, also, to resent his having brought
ridicule upon it Nevertheless we are
getting Oh toward Christmas time, and
charity and good will are desirable
qualities of mind for general cultivation
There are. Of course, some things III
Dr. Cooks confession and petition 10
which exception might properly be
taken. He will be content if the pubhc
believes that he was self-dece1ved as Il
result of being ''half-crazed by months
of isolation and hunger. 1t Is news
TO the public, however. that he had any
such extraordinary experiences, or at
least any comparable in severity WITH
those which many other explorers have
endured without becoming victims or
gross haliucinatiOns. 1t was not ap-
parent in his aspect or manner On MS re-
turn from the North that he had been
subject to unexampIed priyations, nor
was testimony to that effect given by
those who came into contact with him
in the Arctic regions. Still. some allow
ance must be made for temperament
That which others had borne with
equanimity may have been too much for
DR.. Cook.
Again. there will be some question as
to the causes Of his half craZed' con-
dition when he believed that lie
reached the summit of Mount Mchln-
lev. Or does he still deny that he made
a mistake in thinking that he got there:
Did he find in the Alaskan mountains
also a region of insanity in which he
could not believe the evidence Of his own
eyes? Has ''reasonlesS craving been
lifelong habit with him? Evidently
there are some peculiar psychological
problems to be solved in this case: and
the man who finally solves them all so
as to satisfy the world that DR.. Cook
in his own phrase-''is not faker" VIII
deserve high honor, even perhaps to have
a wreath of roses hung about his neck
and TO have the Board Of Aldermen vote
him the freedom Of the city.
New-York tribune., 1910-12-01

lent to at least 10 per cent Of total de-
posits. the following statistics are peril
nent: 134 banks showed on July 1, 1910.
a ratio of surplus to total deposits OF
less than 10 per cent: % OF less than D
per cent: 81 of less than 21a per cent
and IL of less than 1 per cent F1gur-
atively speaking, only s links out OF q
total Of 142 were sufficiently strong; 10
were of doubtful strength; and regard
ing the remainder, the less said the
better.
That there has been great impair
ment in the resourceful strength or our
savings institutions is we'll illustrated
by the fact that in a 4ew cases, where
the ratio of surplus to deposits was more
than 20 per cent on January l. 1S9o, 1t
is only trifle above per cent to-day.
It is to be observed that while the law
now forbids maximum surplus OF more
than 10 per cent Of deposits. it PROVIDES
that in computing this maximum Sc
curities worth more than par shall not
be appraised above par. Therefore many
q savings bank might hold ratio OF
surplus to deposits. based upon market
values. equivalent to 20 per cent, and
still would not necessarily have reached
the maximum allowed by law The
great shrinkage in the ratio OF surplus
to deposits, by which we gauge saw
ings banks solidity, has been brought
about through two causes, one as I'M
portant as the other-the shrinkage that
has taken place in the market value OF
gilt edged bonds and the great increase
in deposits. This increase IN deposits
in turn has been due to two causes, the
tempting of new deposits and the swell
ing OF deposit liabilities already in eX-
istence through the per cent dividend
rate. The addition to principal or de-
posit liability. through interest credlteo,
is a constant process, and naturally Will
be more or less affected by the amount
Of the dividend.
Whether or not our savings bank
trustees feel that general reduction IN
the dividend rate is wise, the fact re
mains that as a whole the banks are
CARRYING to-day too low a ratio OF sur
plus to deposits. Savings bank bonds
are now selling on per cent to a i "A
per cent income yield. If any unforeseen
event of large Importance should occur,
such as a foreign war, the ratio OF sur
plus to deposits of practically % per
cent of our savings banks would be
wiped out for if the government OF the
United States were obliged to raise
funds and pay as high as AZ per cent
for their use savings bank bond hold
inss would largely decrease in market
value If the banks were ever COM
PEELED to appraise their bond investments
on a 5 per cent basis. let alone depre-
citation In the value Of real estate mort
cages. the great majority would show no
surplus at all. Savings banks should be
in a position to meet any reasonable
Two superintendent OF
bapl,inc have strongly urged a general
reduction of the dividend rate.
New-York tribune., 1910-12-01
1.-THE POST AND THE BOSS.

Our neighbor 1.-The Evening Posts
changed attitude toward the boss of its
party is amusing. Apparently nothing
harsh or rasping must be said about
him lest the master may be exaSperated
out of his present state OF sweet reason
ableness- Rather let him be pleaded with
and patted gently on the back. Reason
should be employed rather than stern
admonition. The path Of duty should
be pointed out unobtrusively in a way
that will make the master feel that he
found il himself.
Thus take the situation with regard
TO the Senatorship. There is nothing
harsh or mandatory in what our CON
temporary has 10 say with regard 10
tie boss's responsibilities. It drips
treacle: Mr.. Murphy" 1--WE like that
'4Mr~l. Mr.. Murphy WAS willing at
Rochester 10 have as clean and inde-
pendent 4 candidate as John 4 Dix
selected for the gubernatorial nomina-
-rion: there is reason 10 believe that he
will understand dearly what the sit
.'uatiOn calls fer" II is impossible. il
would have the public understand 10 he
lieve that man Of such 4 high type of
political morality as Nh" Murphy turns
ont 10 be. now that the public has really
come 10 know him. can 90 wrong. Then
having thus re;Issgred its new friend
that il could not fer moment doubt
him. il pleads affectingly with his bet
ter self. with the noble and disinter-
esfed self revealed at Rochester:
lie is surely not anxious to nominate
a man whose naming would be the signal
for a storm CT criticism and attack. not
only IN an parts of New York State but
far beyond its borders. Of such a char
acter as inevitably TO embarrass those
who are endeavoring TO direct the party's
affairs in such a way as 10 insure the
winning Of the Presidency in 1912
Not since .-Afr" Murpby's mother laid
tie foundations for his lofty political
morals by telling him that she did not
believe '-her good little boy" could do
such and such an act Of transgression
and hy pointing out what happened 10
bad little boys has Mr." Murphy been
New-York tribune., 1910-12-01

SO much moved as he must have been
by the almost maternal solicitude OF
this affecting plea.
But evil communications corrupt good
manners. In elevating Mr." Murphy
toward its former esoteric standard OF
political morals The POST has uncon-
scfously got down toward his until they
meet upon the same plane. THE Post
sees nothing immoral in Mr. Muir
phys grip upon the Senatorial situa-
ton. 1t shows no Indignation at the
bosSism involved. 1t acquiesces com
pletely in his mastery of the party
There is reason to believe that be will
understand clearly what the situation
calls for Is bossism made q bit less
hateful in nature by prefixing a "Mr.
TO the boSs'S name?
New-York tribune., 1910-12-01
THE TALK OF THE DAY.

Many friends Of Nine Curie, who
shared with her husband the honor con-
nected With the discovery of radium, are
advocating her admission to membership
81 the Paris Academy of Sciences.
The death of Garrez. the Academician,
created the vacancy which it has been
suggested Nine. Curie should fill Writing
on the subject, a member of the scientific
body says: TT will be difficult to over
come the prejudice against women mem
bers on the part of those with whom the
choice rests. Should they. however. con-
clude tC admit the learned woman they
will be confronted by the paragraph In
the constitution which excludes women
from the meetings of the academy. Why
continue the efforts?"
Willie-Here's a sign I got from the
poStotfice.
Mrs. slimson- Willie! What do Q
You Just take it right back
Il thought YOU might like TO hang it
up in your kitchen. Life.
In the letter which Tolstoy wrote before
his departure from home into exile and
poverty" he said that the agents for
moving pictures and for "voice-reproducing
machines had done much toward making
my life a burden Even the Countess
Sophia. he said, was in league with the
agents for the instruments. in which he
took no interest. The Russian journalist
Esemjonow some years ago induced Toll
stoy. despite bis aversion, TO speak into
IL machine. and has the record. which reads:
''The people need useful entertainment
If the thoughts and words of great teach
crs can be made to reach them by this
means then the plates will be of as much
use as good books
New Reporter-The auto turned terrapin.
and
CITY Editor-You mean turned turtle
New Reporter-Well. IL was a high
priced machine.-Judge.
What a wicked place Toronto must be!
Talk about New York! Listen: The Rev
b. H. Spence. general secretary OF the
Dominion Alliance, declares that one man
New-York tribune., 1910-12-01
IN WASHINGTON SOCIETY,".

GFrom The Tribune Bureaul
Washington. Nov 3O.-Miss Helen Taft
assisted at the presentation to society this
afternoon of Miss Louise HELEN. daughter
of Mrs. Benjamin HELEN. Other debu-
tantes of the season with Miss HELEN were
Miss Doris Haywood and Miss Elizabeth
Collins, while assisting her were Miss Dor
othy Gardner Williams. Miss Julia Whit
ing. Miss Eleanor Crozier Reyburn. Mime.
Loudon, wife of the Netherlands Minister.
and Mrs. Corcoran Thorn.
Nine Alberto Meyer. the sister Of Lieu
tenant Carlperio, who came from Italy to
attend his wedding tomorrow, was the
guest for whom Mrs Stilson Hutchins en-
tertained at dinner tonight, afterward taxi
ing her to the New National Others of
the PARTY were Mr.. and Mrs Philip Lee
Phillips. Miss Marian T. Crosby. Robert
Keeling and David Stewart of Baltimore.
Mrs. Oliver Cromwell is entertaining
Ralph BIoonner and Harry Day, of New
York who are 10 act as ushers at the
Camperio-Terry wedding. Miss Cromwell
invited a few friends to dine with them to-
night. the party including John Hill. of
Baltimore; Miss Sophy Johnstone and Miss
Caryl Crawford.
Mrs. Churchill Candee invited a number
of the younger members of society to meet
at a tea this afternoon Mrs Walter Lis
penard Suydam. jr.. of New York, who is
here visiting her parents. Mr.. and Mrs.
John Jay White.
The Minister from Panama was the guest
of honor al a small dinner tonight with
Mrs Morris Evans as hostess.
Miss Katherine BrittOn gave a tea this
afternoon for her house guest, Miss Baxter,
of Louisville Miss Louise Cromwell and
Miss Gladys Hinckley assisted her
Mrs James w. Pinchot entertained at
dinner tonight for her daughter, Lady
Alan JohnstOne.
Mrs Martin A. Knapp entertained Mrs
Robert l.. Taylor. Mrs George Edmund
Foss Mrs Thomas z. Bayard and num-
Der of other women at luncheon to-day
Miss Eleanor Terry, whose marriage to
Lieutenant Camperio will take place to-
morrow has received among other hand
some gifts a heavy silver lamp and shade
from the former colleagues of Lieutenant
Camperio at the Italian Embassy
New-York tribune., 1910-12-01
THE DIPLOMATIC CORPS.
from The Tribune Bureau.I


Washington, Nov. 3o.-The Russian Am
bassador has consented TO act as patron
for the Russian Symphony Orchestra,
which will make its Washington debut at
the Columbia Theatre next "Wednesday
Baroness Won Bernstorf and Baroness
Luise-Alexandra Won Bernstorh, wife
and daughter OF the German Ambassador,
will so to New York ar the end or this
week for a few days visit
The Swiss Minister and Henri Martin,
secretary of the Swiss Legation, will go to
New York Friday That night DR.. Rit-
ter will be guest at the Lotos Club din
ner, and on the following night the Min
lister and Mr. Martin will attend the din
ner of the Swiss Society
The French military attache and Coun-
tess de Chambrun left Washington to-day
for Cincinnati, where they will spend a
month with Mrs. Nicholas Longworth,
mother of the countess
Count EIener Pejacsevich. now in Lon
don, and recently appointed to the Aus
trian Embassy here, is expected to arrive
December T.
Major Herwarth Won Bittenfeld, German
military attache, who accompanied his
sail for Germany, returned to-day
New-York tribune., 1910-12-01
SAVINGS BiNK INTEREST RATE

SWINGS BANK INTEREST RATE.
Without regard to such contributing
factors as the personnel of our savings
bank management and the character Of
investments. carefully restricted by law.
the ability Of trustee savings lDsutu-
ton to meet normal demands IS de
pendent upon the amount Of cash held
in its vaults or accessible il various
banks and trust companies. To meet
exceptional demands it also is dependent
upon the liquid character Of its invest
ments and the time notice upon with
drawals The real stability Of the insti-
tuition. however-that Is, its ability to
meet all obligations within reasonable
time-is dependent upon the ratio OF
surplus, computed upon the market value
Of its assets. to total deposits. It is well
TO remember that while the time notice
upon Withdrawals, which performs the
function Of the prescribed cash reserve
of other financial institutions. will III
manic times keep the savings depoSitor
from the door. it will not serve to keep
out the Superintendent OF Banking, who
has the right under the general banking
law of the state 10 close any savings
institution where. in his Judgment. re-
sources do not equal liabilities, and with
whom il is entirely discretionary tenn
norarily to close any institution whose
margin of safety. as represented by the
ratio of surplus to deposits, he believes
to be insufficient.
On January /. 1889, he average ratio
of surplus to deposits Of all the savings
hanks in the State Of New York was
more than 17lz per cent. On July l,
1910. this ratio was little more than
q per cent The axiom that no chain
is stronger than its weakest link is par
ticularly applicable to banking; for, in
asmuch as all banking is based upon
confidence, 10 bank is so strong that it
can afford to ignore the weakness of its
neighbors. especially If such weakness
exists in more than a few cases. There
are 142 savings banks in this state; that
is. l42 links to the chain. Assuming. is
all conservative savings bank managers
must. that every bank should aim TO
build up and maintain surplus equiva
New-York tribune., 1910-12-01
THE NEWS THIS MORNING.

FOREIGN.-The Tribunes correspon-
cent in London says the election contest
IN Ireland between followers Of Red
mond and O'Brien has resolved itself
ainto a battle between American dollars
and English soVereigns. - 1t was re-
ported in Cherbourg that launch, with
seven men on board. belonging TO the
second division OF the United States bat
tieship feet, had been lost in gale rag
ing off the coast; the fleet under full
steam is standing off shore. - The
municipality Of Brest, France, enter
tained Captain Thomas B. Howard and
the other officers Of the fourth division
OF the United states Atlantic fleet =
Macbeth" a lyric drama by Swiss
composer and adapter. was produced at
the Opera Comique, in Paris.
Observation-Disclosures of the Cabi-
net reported to the President that they
had cut down their estimates $1,000
coo; Mr.. Taft, although much gratified,
ordered that still further reductions be
made = According to statistics com
piled in Chicago. the hunting season just
ended. cost fl3 lives: the injured num-
bered 81. -= The ailment of d mem
her of a band of Russian colonists was
diagnosed as Asiatic cholera at Almena,
Wis. and the entire band was quaran-
tined. Two decisions in favor Of the
defence in the trial of Hattie Leblanc
for the alleged murder Of Clarence T.
Glover. and the accusation by the de-
fendant's counsel that Mrs. Glover, the
widow, had the motive, inclination and
opportunity to shoot her husband were
the developments in the case at Cam
bridge Mass. - Senator Lodge said
iat Boston that he was candidate for
reelection and would not withdraw
CITY.-StOCkS Were veal. == Mayor
Gaynor made public d letter, in which he
said the subway could be built entirely
with city money. and that the work
should be begun and completed in the
shortest time possible. ~ After
sconference OF the steel interests eX-
Judge Gary said business was improv-
ing and that the present prices would be
maintained. - The recount of ballots
showed J. P. Fallon and not the in
,cumbent. J. ]. Dwyer. was elected JUS
tice of the Sth District Municipal Court
in 1909. James J. Gallagher
,s1leaded not guilty in Jersey City to two
indictments growing out Of his attack
upon Mayor Gaynor. - The United
Estates Steel Corporation announced the
sJ1ian Of the pensions which it will begin
TO pay on January i out Of the new S12,-
600 600 fund. The suit of DR..
knapp. who acted as his own lawyer in
She proceeding against his father in-law,
was thrown out Of court.
THE wEATHER.-Indicatio for to-
DAY: Snow. The temperature yester-
day: Highest. 30 degrees: lowest, 3333.
New-York tribune., 1910-12-01
SOCIAL NOTES FROM NEWPORT.
[By Telegraph TO The Tribune. i

/ by Telegraph TO The TTIbu1e-i
Newport. Nov. 30.-Mr. and Mrs Lyman
Tiffany. of Washington. are expected here
this week to make a visit
Mr.. and Mrs. Paul n. Andrews after
Christmas. will go to Boston for the re-
mainde-- of the winter.
Mr. and Mrs Walter S. Andrews. hav-
ing rented their Washington home. are
to spend the winter here.
Miss Martha a Goldman has closed her
season and gone to Boston for a visit
before going TO Washington.
Miss Edith Wetmore is guest OF Mrs.
Hamilton Fish Webster.
Mrs. Harold and Mrs. John Nicholas
Brown have returned from New York
Mr. and Mrs. Alfred Lewis have closed
their estate here and gone to ST. Au-
gustine, Fla
Miss Alice Keteltas has returned TO New
York, ending her season here
The Misses Ellen F. and Ida Mason have
gone to Boston for the winter.
Mrs Clarence PelI and Miss Charlotte
Fell are to remain here until after the
first of the year
Mr.. and Mrs. George H. Benjamin are
having their estate. Brent Lodge. Consid-
erabIy improved
Mr.. and Mrs. H. Casimir De Rham are
also having improvements added to their
cottage.
Mr.. and Mrs. Elisha Dyer and Miss
Laura Swan will not go to New York
until after Christmas
Mr.. and Mrs. T. Shaw safe are 10 re-
main until after Christmas. when they
will go TO California for the remainder or
the winter
Mr.. and Mrs. Joseph Hartman have gone
to Aiken
Miss Zabriskie has returned from New
York.
New-York tribune., 1910-12-01
PEOPLE and Social Incidents

, Russell. daughter of Mrs Howland Russell.
The guests, numbering eighteen, were
Miss Helen VI. Langdon. Miss Rosalie Coe.
Miss Catherine Hanersley. Miss Virginia
Townsend. Miss Virginia Hunt. Miss Cor
neiia Clifford Brown. Miss Isabel Hoyt.
Miss Caro- QuartIey Brown. Mrs. Roger II.
Minton. Miss Yvonne Gourd. Miss Sara Nc
Alpin Pyle, Miss Susan Colgate. Miss Helen
Auerbach and Miss EstelIe Crosby. Mrs.
Russell will give reception for her daugh-
ter on Monday at her home IN Lexington
avenue
Mrs. . Livingston PeI1 gave a reception
yesterday afternoon at her house in East
SD street for her debutante cousin. Miss
Elizabeth VI. MordaGnt. daughter OF Fran
els Lionel Mordaunt. OF Warwickshire,
England. In the receiving party were Miss
Charlotte Marshall, Miss Virginia Hunt.
Miss Estelle Crosby. Miss Leta PeIi Wrigl.
and Miss Mathilde II. Thieri0t.
Mr. and Mrs Frank Spencer witherbes
and Miss Evelyn S. Witherbee. who haye
been abroad for several months. are sailing
from England for New York within the
next few days and are due here at the end
of next week.
Mrs. ]. Francis AIoysius Clark gave
small dinner last evening at her house in
Fifth avenue for her mother. 3Irs. PouIt-
ney Bigelow.
Mr.. and Mrs. Stanley Mortimer have ar
rived in town and are at the Hotel Gotham
for few days
Albert Eugene Gallatin viii give dinner
this evening at Sherry's
Mrs Newbold Edgar win give reception
this afternoon at her house in East 39th
street to introduce her daughter. Miss
Agnes lie Roy Edgar.
Mr.. and Mrs H Casimir de Rhan have
returned to town from Newport and have
taken possession OF their house. No. II East
65th street. for the winter.
Mr.. and Mrs. William Pierson Hamilton
returned TO town yesterday for the winter
Mr.. and Mrs. Benjamin S. Guinness sailed
for Europe yesterday on board the Maure-
tania- Others sailing We're Miss Kate Carey
and Oliver Tselin.
Miss Kate c. Riggs. daughter of Mr.. and
Mrs. George w. Riggs. will be introduced
at a reception at Delmonico's on December
81
Mr.. and Mrs. Augustus Drum Porter have
returned from Morristown, y. J., and are at
No. 60i Park avenue for the winter.
Announcement has been made Of the en-
sagement of Miss Emma Grina. daughter
OF Judge Alfred Grima. of New Orleans, to
Bradish G. Johnson, son Of Mr. and Mrs.
Bradish Johnson. of this CITY The wedding
will take place in New Orleans on Febru-
ary g.
Mrs George Won L. Meyer and the Misses
Meyer are booked to sail from Europe for
New York on Saturday.
Mrs. B. ogden Chisolrn. Mrs. Edward A.
Manice. Mrs. Francis L. Paris. Mrs. Linds-
ley Tappin, Mrs. Edwin c. Weeks, Mrs.
Robert A Sands. Miss Annabella Olyphant
Mrs AnsOn b Moran, Mrs. Walter F..
Chappell and Mrs. Richard c. Colt are
among the patronesses of a new set Of
dances, known as the Holiday Dances. for
young girls not yet introduced. The dates
selected are December % ard go and two
other dances will be held at Easter The
membership Will be made up of next sea-
sons debutanteS. The dances are arranged
by Miss O!yphant.