davidaulloa/AmericanStories huggingface dataset:
The evening times. [volume] (Grand Forks, N.D.) 1906-1914, 1910-07-11
THE SWEDISH
BANK SYSTEM
Interesting Historical Review
Of Bank Note Issue for Two
Centuries

washington, July 1.-THE method
Sy which the issue Of bank notes in
sweden was transferred from inde-
pendent banks to a central tnstitu-
lion Is the subject of a monogram
made public today by the National
monetary commission. The document
was prepared by Prof. A. w. Flux.
VINO has for years given attention to
ene economic development of the
scandinavian countries, and who
spent several months of last year in
pursuing the present investigation for
the commission. The volume includes
brief sketches Of the banking sys-
TENS Of Norway and Denmark. as
well as Sweden. Special interest at
taches to the banking experience Of
Sweden, because she adhered to the
system Of isolated local banks of is-
sue longer than any other European
country except Switzerland. It IA
only since January 1, 1904, that the
right to issue bank notes in Sweden
mas been brought under the control
OF the Rtksbank orr Royal bank, and
1t was In October, 1905 that Swift
Serland, after over twenty years
OF discussion, authorized the creation
OF the National Swiss bank, whose
history Is told in a monograph al
ready made public by the Monetary
commission.
Early History
Interest is also given to the his
tory Of banking in Sweden by the fact
that the first use of the bank note ia
attributed to John Palmstruch, under
charter granted to the Royal bank
on November 80, 1866. The exchange
department of the bank conducted a
deposit business. and under certain
conditions depositors could transfer
to others sums, standing to their cred
1t or could withdraw them, the docu-
ment used for the purpose being de-
signated bank note. The Royal
bank thus occupied, from two and
half centuries ago, a dominating no.
sition In Swedish banking, but notes
were issued by another type of insti-
tuition known as the "enskilda banks" ;"
These institutions were corporations
whose capital was divided into shares.
although there might be associated
with them silent shareholders with
limited liability. The first of these
"" "'''s w"~ founded in 1881, and as
SoIo 40 LoNs Ouly CWclVo were IN ox.
istence, with total assets of about
.-.,yov,vJ.. Several efforts were
naIe 10 bring them under uniform
rules in regard to the issue of notes
and the character of the assets held.
BY the mint law of 1873 the notes Of
these banks, which had formerly been
redeemable In the notes of the Royal
bank, were made redeemable in gold,
in accordance with the policy of es-
tablishing the gold standard firmly in
Sweden. Notes for five crowns
(S1.SW were suppressed at the close
of 1879, In order to leave room for
the circulation of gold coin.
Both the Royal bank and the en-
skilda banks grew rapidly with the
expansion of business during the lat
ter part Of the nineteenth and the be-
ginning Of the present century. A
movement for centralizing the note
issue gained ground under these con-
ditions and was embodied In q law in
1897. The aim Of this law was to
give greater security and uniformity
to the note issue without impairing
The evening times. [volume] (Grand Forks, N.D.) 1906-1914, 1910-07-11
HORSES STAMPEDED
Stable Boy and Fireman Were Injur.
ed In the Crash

Chicago, July 1.-Two fires, one in
the center and the second on the out
skirts Of the union stock yards here
today resulted in the perhaps fatal
injury of two men and property
loss of more than 100000.
In a stampede Of 210 horses in the
Con elivery, a stable boy and city
fireman were severely injured and a
score Of firemen narrowly escaped
being trampled to death.
The evening times. [volume] (Grand Forks, N.D.) 1906-1914, 1910-07-11
SHOT MAN Who
HELD HIM UP
His Fiance Watched Him
From Porch While He
Did the Deed

Chicago, July 11.-Within sight OF
his fiance. whom he had just kissed
goodnight, Elmer Cooper, salesman,
shot and killed one Of the two high
waynen who attempted to rob hin,
early today. The tragedy occurred
while the young woman stood on the
porch Of her home. The second thief,
who is believed to have been wound
ed, escaped.
The evening times. [volume] (Grand Forks, N.D.) 1906-1914, 1910-07-11
BRAND NEW ANGLE
IN L0EB'S v|5|T
TO PRESIDENT
First Step to Counteract In.
fuencs Of Insurgent Sena-
tors on Roosevelt
TAFT DESIRES THAT COLONEL
SHOULD KNOW THE OTHER SIDE
Is Anxious That Roosevelt Should
Make a Careful Study of the Law
Before Committing Himself in Any
Way ON It.

Beverly. July 11-A brand new an
gle was given to the visit of VIM. Loeb.
Jr., at Beverly today. 1t was report
ed that his talk with President Taft
this afternoon on the general politi-
cal situation will include the Payne
Aldrich tariff bill. President Taft, it
is believed. is anxious that Col.
Roosevelt should make careful study
Of the new law before committing
himself in any way. The colonel un-
doubtedly has had the insurgents
view of the tariff pretty we'll drilled
into him by Senators Beveridge, Bris-
tow, LaEollette and others who have
been to Sycamore Hill.
MIR. Taft, the story goes today,
istration view.
The report that tariff was to he
the principal theme Of discussion to-
day seems to be borne out by many
circumstances. 1t is admitted that
Mr.. Loeb was summoned to Beverly
by Secretary Norton with the full
knowledge of the president. Mr..
Loeb's duties as collector Of the port
of New York brings him in touch with
the tariff and probably he knows more
about the actual, practical working
Of the law than any other man.
Interest at Oyster Bay
Oyster Bay, July 1.-THE announce
ment that VIM. Loeb, Jr., collector of
the port Of New York, was to see
President Taft today aroused great in
terest here, owing to the close rela-
tons which exist between Mr.. Loeb
and Col. Roosevelt 1t was impoesi-
BILE to get from Col. Roosevelt an ex-
preston of opinion as to the signi-
ficance of this meeting as he denied
himself to interviewers today.
The colonel is having his fourth
day of rest in the interval between
the visit of the delegation of politi-
clans and members of congress last
Thursday and that of Gov. Hughes to-
morrow.
The evening times. [volume] (Grand Forks, N.D.) 1906-1914, 1910-07-11

80 .
THE WEATHER, .
North Dakota: Fair tonight =
and Tuesday. Continued cool. =
Daily capital journal. (Salem, Oregon) 1903-1919, 1910-10-28
IuNIrrD rnnss InAsnD wInn.i

Detroit, Mich, Oct. 2s.-In a
speech delivered at a luncheon given
by the board of commerce here to-
day, Clifford Pinchot, former chief
forester of the United States and
leader of the progresslves, outlined
what he believes is the progressive
platform of the people Of the whole
United States.
Pinchot, who has visited many sec
tions OF the country during the last
few months and who has taken a
leading part in the insurgent ca,f
paigns in California and other
states, has outlined the policies lie
believes the insurgents OF all par
ties endorse.
Since early June l have been trav-
cling about continuously and have
had a fair chance TO come in contact
with and estimate public sentiment
in all the great divisions of the
country. Using the information
thus secured from contact with men
of many occupations and varieties OF
political belief in many localities,
have tried to write down an estimate
of the composite opinion of the vot
ers of all parties. The underlying
fact as I find II everywhere was
deep seated, powerful indignation
over the inequality OF opportunity
everywhere known to exist and the
firm determination to put an end to
II somehow.
II We could hear the verdict of all
the people upon some current issues
II would, think, declare itself n
substance as follows;
"I believe the people should d.
Daily capital journal. (Salem, Oregon) 1903-1919, 1910-10-28

BROKE ALL
RECORDS
TABATEAU REMAINED
ALOFT SIX HOURS AND TEN
MINUTES AND FLEW 283
MILES WITHOUT AIIGHTING.

Etamps, France, Oct. 28.-Re-
naming aloft for six hours and 10
minutes and eating two meals while
he whirled through the clouds in his
aeroplane, Maurice Tabateau broke
existing time and distance records
today.
The daring aviator sailed 2s3
miles without alighting.
The feat was performed In Far
man biplane in the aerodrome here.
The test is considered one OF the
most remarkable. both for the en-
durance OF the machine and its oper-
ator that has ever been attempted.
BY his performance today Tabateau
wins the Miclln cup.
The former record was held by
olieslagers. a Hollander. who in July
sailed 244 miles without alighting,
remaining aloft five hours. three
minutes and five seconds.
Daily capital journal. (Salem, Oregon) 1903-1919, 1910-10-28
GOVERNOR
OF KANSAS
TALKING
SAYS HE CAN DUPLICATE EVERY
ROAD IN KANSAS FOR $4,000,
900, OR FOR $4,000 A MILE,
DEPOTS AND ALL.


Chicago, Oct. 2S.-That he could
duplicate every railroad in Kansas for
$50, 100000, and profit handsomely,
was the testimony today of Governor
Stubbs, of Kansas, before the Inter
state Commerce Commission at its
rate hearing here.
Tracks. depots, buildings. all can
ne reproduced fer $4,000 per mile
OF main line road, and SIS, 900 mile
for branches" Stubbs declared. He
said that railroad combination pre-
vented his building a line from Bell
Vile to Wichita for $4,000 per mile.
when the Santa Fe wants TO raise
its rates." said the governor, IT re-
Eincs me OF George Pullman, who
asked that the public pay the wages
of the porters OH the cars his csm-
pSDy operates. II the railroads of The
Mode Wes. could profit 20 Ycars
ago, and cannot earn profit today,
4. means bad management. and me
one should go to jail. Some one will
go, too, when congress passes q
Straightforward law, instead OF the
equiyocal thing that is now in force.
and which the judges can interpret
as they please.
Daily capital journal. (Salem, Oregon) 1903-1919, 1910-10-28

At this time even the city employees
had been ordered off of the property
by the Times owners, the report says.
The report then recites the princi-
pal facts of the explosion, and the
subsequent events, referring to the
fact that the Time sitself, in the issue
on the morning of the explosion, and
before there was any time for inves-
tigation, it alleges, charged that the
explosion was caused by the enemies
of industrial freemdom." The re-
port refers to articles printed in sub
sequent issues of the Times charging
union labor with responsibility for the
catastrophe.
''Inasmuch as there many persons
who are not acquainted with Gener-
al Harrison Gray Otis and his news
paper" the report continues, land
who, therefore, naturally would sup
pose that there exists evidence to sup
port such assertions, it would seem
important to shed some light on the
matter"
The report then reviewed General
Daily capital journal. (Salem, Oregon) 1903-1919, 1910-10-28

rectly nominate, elect, control and
recall their own legislative repre-
sentatives.
81 believe in publicity of cam
paign contributions and expenses,
both before and after election, and
in strictly limiting by known amount
what may be spent and the manner
of spending II,
81 believe that 1t should be unlaw-
full for any law making or other
public servant to be employed by or
to receive compensation from any
interstate or public service corpora
ton.
II believe It should be unlawful
for any lobbyist or other representa-
tive of any interest to advocate or
oppose any measure to any iegisla-
tor or legislative committee without
first publicly registering HIS namA.
the nature of his compensation and
the name OF his employers.
81 believe that the most pressing
patriotic duty OF today is to revive
popular government by driving the
special interests out of politics and
that complete publicity of all the af-
fairs OF every interstate and public
service corporation is necessary to
that end
II believe that corporations have
certain rights that should be re-
spccted but they have no constitu-
tional rights. powers or duties and
they should have no representatives
in congress, in the cabinet or on tho
bench.
IT believe that the special inter-
Daily capital journal. (Salem, Oregon) 1903-1919, 1910-10-28
UNITED PRESS LEASED wrnp.l

San Francisco, Oct. 2S.-That the
Los Angeles Times was destroyed as
result of the explosion of gas, and
not by dynamite, is the finding of the
committee of the executive council
of the California State Federation of
Labor, which for four weeks has been
working on the investigation of the
catastrophe. The report has just been
submitted to the federation.
The report is prefaced with de-
tailed account of the committees re-
ception by Mayor Alexander, of Los
Angeles, when it called upon him and
informed him that 1t desired to CO.
operate with the citizens committee
appointed by the city council to in
vestigate the disaster. The mayor
refused to grant the request. The
committee then determined on an in
vestigation of it's own. After some
parley the committee secured permis-
sion to pass the police lines and
viewed the wreckage from the prop
erty adjoining the Times building.
Daily capital journal. (Salem, Oregon) 1903-1919, 1910-10-28
++++++++++

Otis fight against unionism in Los
Angeles, saying, among other things.
that "on the subject of Industrial
freedom 1t is no exaggeration to say
that General Otis is insane"
The report further says the dream
of the generals life has been to ex-
terminate unionism In Los Angeles.
"Trumpteing abroad the report
that unionists were plotting to do him
violence, Otis made his editorial
rooms an arsenal" the report says.
1t then refers to the bitter fight made
by the Times against the unions dur
ing the recent strike of the metal
and brewery workers in Los Angeles,
and continues:
"Such was the situation just pre-
vious to the blowing up of the Times.
II has not been determined that the
building was destroyed by dynamite.
The only two points which possibly
Daily capital journal. (Salem, Oregon) 1903-1919, 1910-10-28

horses we're turned loose to care for
themselves.
Rioters blocked all approaches to
the Grand Central station where most
OF the express wagons we're congre-
gated, when the strike was declared.
Hand to hand fights were commPn
occurrences. Express traffic was al
most completely paralyzed, and the
companies were unable to get their
wagons and teams into the barns in
many cases. Many were injured in
the disturbances.
Leaders of the strike, while deny
ing responsibility for the disturb
ances, declare they will accept no de
feat, but will fight relentlessly until
their demands are granted.
Eight wagons leaving the Wells
Fargo stables in Jersey City were at
tackled by mob of strikers shortly
after noon. The drivers were forced
to abandon their wagons. and were
knocked down ard trampled upon by
the mob. Sixteen injured. nearly all
strike-breakers, were taken across the
river to Manhatton hospital for
treatment.
A wagon was attacked at Fifth av.
Daily capital journal. (Salem, Oregon) 1903-1919, 1910-10-28

FIERCE IN
new YORK
Non-Union Teamsters Attacked
and Dragged From Wagons
When They Took the Union
Teamsters Places Today.
TRAFFIC WAS PARALYzED

Hand to Hand Fights Were Common
and Many Men Were Injured
Sixteen Strike-Breakers Are Taken
to the Hospitals-An Approaches
to Grand Central Station, Where
Express Wagons Congregate, Were
Blocked--Strikers Are Determined,
Daily capital journal. (Salem, Oregon) 1903-1919, 1910-10-28

UNITED PRESS LEASED WIRE.
New York, Oct. 2S.-Rioting began
within few minutes after the driv-
ers walked out. Non-union teamsters
who took the places of the strikers,
were dragged from the wagons and
terribly beaten, while the driverless
Daily capital journal. (Salem, Oregon) 1903-1919, 1910-10-28
A Long, Swift Flight.

= Brussels. oct. 2S.--The long
= est cross-country flight in and
= aeroplane. with one passenger
+ was accomplished today by NJ
= Mathieu. Frenchman, who few
= from Paris to Brussels, a dis
= tance of 195 miles.
+ Matthew left Paris at 1880,
= and arrived at Brussels at 4
= o'clock. He expects to return
= to the French capital tonight.
=
Daily capital journal. (Salem, Oregon) 1903-1919, 1910-10-28
P|NCHOT ANALYzES SENTIMENT
OF The PROGRESSIVE AMERICANS
Strike Reaches New York.

= New York Oct. 2S.-Drivers 4
= of wagons of the Adams and 1
= Well Fargo Express Companies 4
= struck for higher wages today, 4
= Joining the strikers In Jersey 4
+ City in demand for $5 more 4
= month. Several small riots oc- 4
= Cured, following the general 4
= walkout. 4
r The strike leaders predict
= strike of union teamsters in 1
= New York. The state depart 1
= ment Of labor has been notified 4
= of the strike. 1
.
Daily capital journal. (Salem, Oregon) 1903-1919, 1910-10-28
EFFECTS PRODUCED SHOW
1T WAS NOT DYNAMITE. THAT
WRls,.yED TIMES BUILDING

1t Points Out That Emp, SmeIed the Gas All Day Before
Explosion That Wndo, N ear Were Not Broken As Dyna-
mite Would Have Done mat the Explosion, If Caused by
Dynamite Would Have Wrec ked Walls and That the Infer
nal Machines discovered" Were Not Strong Enough to
Damage the Clock That Fired Them.
Daily capital journal. (Salem, Oregon) 1903-1919, 1910-10-28
THEIR ARTICLES or FAITH
AS BRIEFLY TOLD BY HIM
MEAN A BETTER GOVERNMENT

Old Party Ties No Longer Bind Cannonsm and AIdrchsm
Are Passing Payne -AIdrch Tariff Bill Was Made by
Servants of Special Privilege Congress and President
Broke Faith With the People in Passing and Approving
---t Is Better to Help Poor Man Make Living Than Help
Rich Man Make More Money.
Daily capital journal. (Salem, Oregon) 1903-1919, 1910-10-28
EXPLOSION CAUSED BY GAS SAYS
LABOR FEDERATION COMMITTEE
shoestripg Held Him.

= Bakersfield Cal, Oct. 2S.-- I
4 Dragged a quarter of a mile by I
1. his shoestring, which had be- 4
= come fastened to screw on I
= the pilot of the engine of the 4
= Oil City flyer, Brakeman f. 4
4 Hiatt today saved his life by !
= holding his body from the I
= wheels by means of a guard =
y rail he grasped as he was being =
= swept under the engine. Hiatt =
4 held himself clear of the wheels, =
= while his body bumped over the =
\ ties until the shoestring broke, =
= and he fell clear of the tracks. =
= His plight was not noticed by =
= the engine crew. .
Daily capital journal. (Salem, Oregon) 1903-1919, 1910-10-28
At the Rig Meet.

Belmont Park, N. ", Oct. as
Walter Brookins. Charles X. Hamil-
ton and J. Armstrong Drexel were
today named as the American team
Daily capital journal. (Salem, Oregon) 1903-1919, 1910-10-28

loontinued from Page So
Daily capital journal. (Salem, Oregon) 1903-1919, 1910-10-28

CONTINUED from Page a.
Daily capital journal. (Salem, Oregon) 1903-1919, 1910-10-28

CONTINUED on Page ~
The Cairo bulletin., 1910-07-05

Jeffries neatly ducked it, and the
round ended. Jeffries' round.
Fifth Round.
Jeffries walked straight out to
Jack and tried to land his left, theJ
both spared caefully and Jeffries left
for the body was blocked. In the
clinch that followed Jeffries showed
Jack back easily. When they broke,
Jack swung his left for the body, but
missed. Johnson shot an upper cut
and cut Jeffries lip slightly As they
broke Jack landed left to the face
and Jeffries came right back with a
left on the body. Johnson held JEFF
ries' arms and as they broke lack
again tried an upper cut. He missed,
but stung Jeffries on the afce with d
left. go on, Jeffries" shouted Cor
bett. THAT left is joke" Jeffries
---------
tContinued on Fifth Pagel
The Cairo bulletin., 1910-07-05
Died at Summer Home in Maine.
in Room in Which His Wife
Passed Away
Daughter, Granddaughter and Rev. Freeman at
Deathbed"- Daughter Found Him III Early
Yesterday Morning---Seems Certain
Hughes Will Succeed Fuller

Sorrento, Maine July 4,--In ful
fillment Of an Oft expressed wish that
he migat end his long life in the
very room where his wife breathed
hr last six vars ago, the Venerable
Chief Justice of the Supreme Court
of the United States, Melville w. Ful
Ter. died suddenly of heart failure
early today. He was n years old.
With the chief Justice when he
died Were his daughter Mrs. Nathan,
iel Francis, OF Washington. grant.
daughter. Miss Aubrey Francis, and
Rev. James Il. Freeman Of Minneap-
oils, neighbor and friend Of the fam.
ily. Fuller had not shown any symp-
toms OF illness, He retired last ev-
ening to all appearance in his Gus.
tomary health
His daughter heard all cali from
her fathers room early this morning.
Saw her father was seriously Ill.
When the physician arrived the jus
tce was beyond assistance.
Fuller has mad his summer home
here for II years. He came here from
Chicago June rs last
Funeral services will be held We'd
nesday and interment will be made
in Chicago probably Friday.
He Is survived by five daughters:
Mrs. Hugh Wallace, of Tacoma; Mrs,
W. f. White, Of Chicago; Mrs. T. >,
fierries Tx TarisfoNn ". Y. MS.
r. f. Mason and Mrs. Francis. of
Washington,
The Cairo bulletin., 1910-07-05
i9 PASSENGERS KILLED
IN A HEAD ON COLLISION

The latter was attempting to make
n siding to give the passenger train
clear track when the flying limited.
travelling fifty miles an hour, flashed
around a curve and crashed into It
A misunderstanding of orders was
the cause of the disaster. The engine
crews had time to jump and an as.
capped serious injury All the dead
and injured We're in the first two
ears, the smoker and day coach
These two cars were crushed almost
TO splinters, being torn up by the
heavy ears OF the freight train, car
rying coal and humber.
The Cairo bulletin., 1910-07-05

Chief Justice Fuller was bora la
Augusta Me. Feb. 1893 lie was
graduated from Fowdoin college In
1858, attended course of lectures at
Harvard Law School, admitted to the
bar n 1856 and formed law part,
ner ship al Augusta; was associate
editor Of The Age, a Democratic pa
per there; became president az the
common council and city solicitor;
Went TO Chicago in 1856. practEeed
law there till 1888; was a member OF
the illinois Constltut' oual convention
IN 1862: served In the Illinois legis
lature in 1863: was delegate TO the
National Democratic convention Of
1864, 1872, 1876 and 1880. was an
pointed chief Justice Of the United
States by President Cleveland April
80, 1888 and confirmed July 20. OF
that year, taking the oath Oct. /.
The Cairo bulletin., 1910-07-05

Middletown, o., July Nineteen
were killed, three probably fatally
hurt and half dozen seriously in
iured in a head ON collision between q
freight and passenger train on the
Cincinnati, Hamilton and Dayton
railroad here today
Eighteen Of the dead are passen
gers. Most OF the dead aud injured
are OhioanE.
The trains were the Cincinnati sec
tion of the Twentieth Century Linn
tied on the Big Four, and the second
section of a freight train on the Gin
Icinnati. Hamilton and DAYTON.
The Cairo bulletin., 1910-07-05

70 take the oath In October. Fuller's
deatn IS significant politically. He
was a Democrat All precedents can
ior me appointment Of a eaIef inns
tee Of the same party ais ths presi-
dent Hughes and Solicitor General
bowers are mentioned as possible
successors @ Justice Fuller. AS Jus-
tlce Fuller death leaves only two
Democrats on the bench 1t was sug.
gested that Taft name democrat to
succeed Moody should he retire.
The Cairo bulletin., 1910-07-05
QUIET DEMONSTRATIONS
Held Throughout Spain Yesterday by
Socialists, Ete.--Protest Against
Vatlcan's interference.

Madrid, July "A monster demon
stration, organized by Republicans
and Socialists against interference Of
the Vatican and church in civil af.
fairs OF the country. passed Off today
without disorder. ExPremier Morst
and all the Liberal. Republican aud
Socialist leaders, marched in the ps-
rade. which was a mile and aalt
long
Similar demonstrations were ned
throughout the provinces, All wera
orderly.
The Cairo bulletin., 1910-07-05
UNPRECEDENTED SITUATION

Washington. July 4.--The death OF
Chief Justice Fuller creates an IN
precedentcd situation. Should Moody
who is III, retire, there would be
three vacancies Governor Hughes
has been nominated 10 succeed the
late Justice Brewer. He Is expected
The Cairo bulletin., 1910-07-05
HUGHES WILL SUCCEED
CHIEF JUSTICE EuI

Beverly, Mass, July while tne
president declines definitely to com
nit himself 1t is regarded here TO-
night as practically certain that
Hueres viii be the next chief Justice.
No appointment will be made un-
till congress meets In December.
The Cairo bulletin., 1910-07-05

Some day there win be neither on
timists nor pessimists, and that ia
doubtless what the prophet means
when he says the niists will Yet cease
20 obscure the truth.-Puck.