davidaulloa/AmericanStories huggingface dataset:
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1910-10-27
MOST SEVERE COLD
IS EASILY BROKEN
ENDS ALL GRIPPE MISERY
IN JUST A FEW HOURS

Pape's old Compound is the result
of three years research at a cost of
more than fifty thousand dollars, and
contains no quinine, which we have
conclusively demonstrated is not ef-
fective in the treatment of colds or
grippe.
1t is a positive fact that a dose of
Papes Cold Compound, taken every
two hours until three consecutive
doses are taken. will end the grippe
and break up the most severe cold,
either in the head, chest, back, stom-
ach, limbs or any part of the body.
1t promptly relieves the most mis-
cradle neuralgia pains, headache,
dullness, head and nose stuffed up,
feverishness, sneezing, sore throat,
running of the nose, mucous catarrhal
discharges, soreness, stiffness and
rheumatic twinges.
Take this harmless compound as
directed, with the knowledge that
there is no other medicine, made any,
where else in the world, which will
cure your cold or end grippe misery
as promptly and without any other
assistance or bad after effects, as a
25 cent package of Pape's Cold om-
pound, which any druggist in the
world can supply.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1910-10-27
Wash That Itch Away

1t is said that there are certain
springs in Europe thae give relief and
cure to eczema and other skin dis
eases. If you knew that by washing
in these waters you could be relieved
from that awful itch, wouldn't YOU
make every effort to take a trip to
Europe. Mt once Would you not be
wiling to spend your last cent to find
the cure?
But you need not leave home for
these distant springs Relief Is right
here in your own home town!
A simple wash of OIL of Winter
green, Thymol and other ingredients
as compounded only in D. D. d. Pre-
scription will bring instant relief to
that terrible burning itch and leave
the skin as smooth and healthy as
that of a child.
If you have not already tried It,
get at least % cent bottle today. We
assure you of instant relief. Tallman
Drug Co.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1910-10-27
Cured a Severe Case.

Mrs. Matte Stout, SIS e. Ohio
street. Button. Ind, tells of the ex-
cellent results she obtained from Fo-
ley Kidney Pills. 81 used your Fo-
ley Kidney Pills for a severe case of
kidney trouble that afflicted me for
nearly four years and 1 must sag the
results were most satisfactory. Ny
system was full of uric acid as q re-
suit of impaired kidney action. Ny
back ached severely and was run
down and quite miserable. Fsley Kid
ney Pills have freed me frsm all this
suffering, cleared my system of the
uric acid poisoning and restored my
kidneys to healthy action. We have
used Foley Kidney Pills on other
members OF my family with always
the very best of results" A. C.
Koeppen & Bros
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1910-10-27
YEARL|NG WETHERS
SELL At HIGH PRICE
ONE SALE is MADE
AT SIX DOLLARS
One Lot of Extra Select Stuff from
Mcdford Brings Far Above Any
Figure Previously Reached on the
Present Move.

Portland, Ore, Oct. 26.-One sale
of some extra fancy yearling wethers
was made in the stockyards this
morning at Sc per hundred pounds
The price secured was startling in
view of values heretofore rulin in
the North Portland markets. For
years this has been known as a very
poor sheep and lamb market, but re-
Gently conditions have changed and
today Portland is taking it's place
with the best of them.
The yearlings that sold this morn
ing came from Medford and were
shipped by II. G. Whitman. They av-
eraged 90 pounds and are said by ex-
perts to be the best wethers ever Of
fered in this market.
Along with the yearlings were ship
ped a number of sheep and lambs but
these had not been sold this morning
owing to a difference of opinion re-
garding the price.
During the past "a hours loads of
hogs came in from Nebraska. These
can now be landed in the Pacific
northwest packing houses at $3.50,
and as they are better than recent To-
cal offerings, packers seem inclined
to continue their purchases in the.
Omaha territory.
Cattle market is showing practical
ly no change in receipts during the "a
hours. consisting principally of calves
Among the Shippers.
Cattle-Kidwell & Caswell, Cam
bridge Idaho, one load; A. ]. Logs
den, Sprague, Wash. one load and
one load calves; S. w. Ball, Condor,
one load calves, two loads cattle.
Mixed suffice Miller, Millers-
burg. Or, one load cattle, goats and
sheep.
Sheep and lambs-H. G. Whitman,
Medford, Or, six loads.
Hogs-Lind and Van Ausdeln, Fill
er, Idaho, one load; Henline & Ohlin-
ger. Nebraska, six loads; Armstrong
& Son, Nebraska, three loads.
Latest Livestock Trades.
Following are official trades. They
represent demand, supplies and quail
ity offering:
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1910-10-27
Catarrb Cannot Pc Cure,,

with LOCAL APPLICATIONS. they can.
not reach the seat Of the disease. Catar-
IN is blood or constitutional disease and
In order to cure It you must take Internal
remedies. Halls Catarrh Cure 10 taken In.
ternally, and acts directly on the blood and
mucous surfaces. Halls Catarrh Cure u
not a Quack medicine. 1t was prescribed BY
one Of the best physicians In this country
for years and 10 regular prescription. II is
composed Of the best tonics known, combIn-
ed with the best blood purifiers, acting di.
rectly on the mucous surfaces. The perfect
produces such wonderful results I, curins
Catarrh. Send for testimonials free.
II. J. CHENEY CO., Props, Toledo, d.
Sold BY Druggists, price 75c.
Take Hali's Family Pnlls for Coastipa-
tios.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1910-10-27
Notice OF Annual Meeting.

Notice is hereby given that the
annual meeting of the Umatilla Coun-
" Agricultural Society will be held
at the office of the secretary in Pen
dleton, Oregon, on October 29th
1910, at 10 o'clock a. m, for the elec-
ton of two members of the board OF
directors of the Third Eastern Ore
gon District Agricultural Society, and
election of officers and the transac-
ton of such other business as shall
properly come before such meeting
BY order Of
c. r. ROOSEVELT,
Attest: President
THOS. FITZ GERALD.
Secretary.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1910-10-27
THE WHEAT MARKET
DECEMBER SHORTS
COVER THEIR MARKET
chicago Wheat Market Closes 3-S to
1-Sc Bushel Higher Than Tues
day.

Chicago, Oct. 26-Weakness abroad
failed to check the covering of shorts
in the wheat market here and the
closing was 3-s to l 1-sc higher.
Heavy purchases of December
wheat by leading interests usually on
the bear side, gave the bulls their clue
today and intense buying resulted in
the sharp advance. The market op-
ened 1-Sc higher for December and
May but July was unchanged.
Foreign markets were weaker and
generally lower.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1910-10-27
YOUNG MEN AND woMEN-Learn

MEN AND WOMEN-Learn
profession. Show card writers
earn large salaries; clerks can dou-
BILE their earning capacity; the field
has never been overcrowded. The
Pendleton Business College offers
you the opportunity to learn this
profession under a first-cla8 in
structor. at small expense, taking
no time from your regular work.
Night class now open. Call any time
for information.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1910-10-27
AVOID THE RUSH.
Get Your Photographic Work Done
Now-Many Beautiful Sug-

Those contemplating having any
Photographic work done for holiday
tokens are reminded that now is the
best time to have their pictures taken
while the weather Is nice and before
the rush begins. We have many sug-
gestions to show you in beautiful
folders and mountings. We invite
your patronage for high grade work
c. S. Wheeler photo studio, Alta
street, opposite city hall.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1910-10-27
Many Doctors Prescribe.

proprietary medicines under a Latin
name charging for the written pre-
scription three times the cost of the
medicine, and do not hesitate to con-
denim that self-same medicine if it is
advertised or mentioned by the pub
lie.
There are, however, many honest
doctors who do not hesitate to openly
recommend and prescribe such stand
ard remedies as Lydia E. Pinkham's
Vegetable Compound.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1910-10-27
Notice OF Annual Directors Mectin,

Notice OF Annual Directors Meeting.
Notice is hereby given that the an
nual meeting of the board Of direc-
tors of the Third Eastern Oregon Dis
trct Agricultural society, will be held
at the office of the secretary in PEN
dleton, oregon, on October 29th,
1910, at 10 o'clock a. m. for the elec-
ton of officers and the transaction
of such other business as may prop
erly come before such meeting, and
all persons having an interest in the
district fair are invited to be present
BY order of
c. e ROOSEVELT.
Attest: President.
THOS. FITZ GERALD,
Secretary.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1910-10-27

WANTED-Classified ads, such a.
help wanted; rooms or houses to
rent; second hand goods for sale;
In fact, any want you want to get
filled, the East Oregonian wants
your want ad. Rates: Three lines
one time. 30 cents; two times, 80
cents; six times, 10 cents. Five
lines one time, 80 cents; two times,
45 cents; six times, s1.15. Count
six words to the line. Send your
classified ads to the office or mail
to the East Oregonian, enclosing
silver or stamps to cover the
amount.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1910-10-27

DIR. LYNN K. BLAKESLEE, CHRO-
mic and nervous diseases, and dis
eases Of women. X-ray and Electro
therapeutics. Judd building, corner
Main and Court streets. Office phone
Main 72: residence phone, Main 554,
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1910-10-27
INSURANCE AND LAND BUSINESS

HARTMAN ABSTRACT CO., MAKES
reliable abstracts of title to all
lands in Umatilla county. Loans on
city and farm property. Buys and
sells all kinds Of real estate. Does
a general brokerage business. Pays
taxes and makes investments for non.
residents. Write fire, life and acci-
dent insurance. References any
bank in Pendleton.
JAMES JOHNS, Pres.
c. H. MARSH, Sec.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1910-10-27

HAIR WORK-After four months
vacation, Madam Kennedy is again
at home at 6e7 e. Court street, and
is prepared to do all kinds of hair
work. Shampooing, hairdressing.
Also has a nice line of natural hu-
man hair goods for sale. All work
strictly guaranteed. Phone Red 3753
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1910-10-27
STEERS.

SHEEP AND LAMBS.
235 yearling wethers 80 5000
General range of livestock values,
as indicated by latest sales in the
Portland yards:
Cattle-Best oregon steers, $500
SOS; fancy steers $5.25@5.40; COM
mon steers. s4045O; cows, best,
heifers, $3.50; bulls, s3@3.25; stays,
s3.75a4.25.
Hogs-Best east of the mountains,
$3.50; ordinary, $3.50: stockers and
feeders. SO. =
Sheep Best yearling wethers,
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1910-10-27

A.25; old wethers, 81; spring lambs,
willamette valley, $3.50; eastern
Washington, $3.50; ewes, $303.75.
Calves-Best, s7@71O; ordinary,
$3.50; poor, $350@45O.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1910-10-27

Unfurnished housekeeping rooms
for rent in the East Oregonian build
lg. All modern conveniences. En-
quire at e. o. office.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1910-10-27
AUCTTONEER.
FRED
SECONDHAND DEALERS.

V. STROBLE, DEALER IN SECOND
hand goods. If there Is anything
yon need in new and secondhand
furniture, stoves, graniteware and
crockery, call and get his prices. No.
PIP East Court street.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1910-10-27

FOR VACUUM or hand cleaning,
good work guaranteed, phone Mrs.
Hale's rooming house, 612 Thomp-
son street. Phone Red 1882. G. F.
Smith.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1910-10-27
NORTHERN PACIFIC.

Unfurnished housekeeping rooms
fer rent In the Bast Oregonlan> build
ing. Steam heat; electric lights; hot
ard cold water; bath. Inquire at
East Oregonian office.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1910-10-27

Unfurnished housekeeping rooms
for rent in the East Oregonian build
ing. All modern conveniences. En-
quire at Il. o. office,
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1910-10-27
WANTED-(Continued.)

WANTED-Lace curtains to laundry.
Work done with especial care.
Phone Red 1921.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1910-10-27

LEGAL BLANKS Of every descrip-
ton for county court, circuit court,
justice court, real estate, etc., for
sale at East Oregonian office.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1910-10-27

Old newspapers In large bundles,
suitable for starting fires, putting un-
der carpets, etc, 15c per bundle, 3
for 9Sc.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1910-10-27
LIVERY AND FEED STABLE

CITY LIVERY STABLE, THOMPSON
street, Carney & Bradley, Props.
Livery, feed and sale stable. Good
rigs at all times. Cab line in connec-
ton. Phone main 10.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1910-10-27
Classified Directory
PHYSICIANS.

H. s. GARFIELD, n. D., HOMEO-
pathic physician and surgeon. Of
flee Judd block. Telephone: Office,
black 3411; residence, red 1888.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1910-10-27
FOR SALE.

FOR SALE-Old newspapers wrap
ped In bundles Of 1go each suitable
for wrapping, putting under ear.
pets, etc. Price. 15c per bundle.
two bundles, CSC. Enquire this Of
fice.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1910-10-27
h Want Ads. I
WANTED.

mail order business at home. No
canvassing. Be your own boss
Send for free booklet. Tells how
Heacock, 270S, Lockport, N. Y.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1910-10-27

Good milch COW for sale. See Lee
Teutsch.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1910-10-27

BENTLEY & LEFFINGwELL, REAL
estate, fire. life and accident insur-
ance agents. New location, SIS Main
street Phone Main 404.
The county record. [volume] (Kingstree, S.C.) 1885-1975, 1910-05-05
Commander Julius A Prat', Post No.
l43, Dept. iii, G. A. K.

MIR Isaac Cook, Commander of
above Post, Kewanee, ILL.,, writes:
For long time l was bothered
with backache and pains across my
kidneys. About two months ago |
started taking Foley Kidney Pills
and soon saw they were doing just
as claimed. kept on taking them
and now | am free from backache,
and the painful bladder misery is
all gone. like Foley's Kidney
Pills so we'll that | have told many
of my friends and comrades about
them and shall recommend them at
every opportunity" D c Scott.
The county record. [volume] (Kingstree, S.C.) 1885-1975, 1910-05-05
A BOLD OUTRAGE.
GreelyvllIe Man Struck Down by
Unknown Desperadoes.

Greelyville, April 27::-Mr Jasper
Ward was seriously wounded last
night by being struck on the back
of his head and in the pit of his
stomach with some heavy instru-
ment.
He clerks for Mr. M D DeLorme and
when he closed the store, abut 10
o'clock, he discovered several white
men lurking in the shadow of the
building, in the rear. He hailed
them, but got no response, so went
to his room at Mr. S ] Taylor's, and
secured a Wischester rifle and came
back to look for them. 1t is sup
posed that when he came around
the corner of the building his as
sailant was waiting for him and
struck him several severe blows.
The local lodge, was in session
within fifty yards of Mr. DeLorme's
store when this happened. They heard
the report of Mr. Wards gun, which
went off when he was struck down,
and hurried to the scene, but the
parties had made good their escape.
Bloodhounds were sent for and
were on the ground in less than
three hours, but the only ones OBJ
tanned were some puppies that were
not trained properly, so they could
make nothing of the trail.
Mr. Ward was sent to the hospital
in Sumter for treatment this morn
ing, but DR. l N Boyd. the attending
physician, entertains little hope of
his recovery. Mr. Ward is from New
Orleans, La, having come here only
a few months ago. He has made
many friends, who wish for him a
recovery.
Robbery is supposed to have been
the motive of the men.
LATER-Friday two strangers Of
the genus hobo were arrested on
slspicion, but were released after
being made to give an account of
themselves.
At last accounts Mr. Ward was
.esting easy and doing as we'll as
could be expected. Unless a back
set occurs it is now thought that
he may recover.
The county record. [volume] (Kingstree, S.C.) 1885-1975, 1910-05-05
Crop Outlook Gloomy.

Crop conditions reported from
various sections of the county are
discouraging, not to say alarming,
for this season of the ye ar. In some
sections there has been no rain to
speak of since February and the
moisture has been insufficient to
sprouJ the seed in the ground.
Where the rain has fallen, the frost
and cold nights have caused the
plans to die and many fields have
to be re-planted. A prominent
farmer in the lower part of the
county told US Monday that this
was the first year within his recol-
lection when he had no crop of
any kind up out of the ground this
late in the season.
The hot sunshine of the past few
days has been particularly dis
astrous to growing plants, causing
them to wither and die.
Truck of all kinds, garden vege-
tables, cotton, corn and tobacco
plants have been damaged very
seriously, what little there was to
injure.
Althro Ugh the trucking section
beans, which should now be on the
market, have been retarded and
the crop will be cut short. In many
parts of the country this crop is said
to be a total failure.
Altogether the outlook is gloomy
indeed, and unless the seasons be
more propitious from now on, the
present year will spell disaster for
the farmers through this section.
The county record. [volume] (Kingstree, S.C.) 1885-1975, 1910-05-05
Summons for Relief.
COMPLAINT SERVED

cr,r7 OF co11Tu rapOIINA
adt ~ W. o., 80 y,I,I,nSn,,oc Iu M '
r,o G4Lnt Gt,,nt;. rn,St nns '"r Gornoro
ne ,ion Hs'".r . cnrnorario, drlv Oh ,rte,ed ,d
e,o;i, q 49, ~ r., I'D under rho I.u,' ~
eN'>'lns oy az ,u - Gouo,;no III "a p,n; W
t!ig luz ''''o VI ''ou'i val o''it'' !" ~
ILL., ,o.;pst
,,, pa,,e TiumSms Da;sv r R.aI 2
r,'I r',,neua urFr,n,n,c w " T,i.
go ~ o''ii' E,,,mor. Inbn p NJ
w., a.. u WcEi,,ean N
En.t,., w z NJ, -, tr.d;ma
The county record. [volume] (Kingstree, S.C.) 1885-1975, 1910-05-05

An 11,O00-ton ship running Is
miles an hour will consume $50 tons
of coal per day. A 90,000-ton ship
going 80 miles per hour will use
up LOO tons. Haste makes waste
at sea as we'll as elsewhere.
The county record. [volume] (Kingstree, S.C.) 1885-1975, 1910-05-05

R C McElveen, g. " 33 IS
Geo w Davis, 1S Is
II ] Barfeld. constable-ex. 8 60
Geo J Graham. " 3mos.. Is 90
:" /" sheriffs sal mos 375 90
%" " {" Chas Co 3 so
"" " Jail re-
port March. ................... 20 10
u F Edwards, constable 3 mos Is 90
tickets ...................... s07 70
! Wesley Cook, treasurer salary 80 81
(" " continpent.. 6 IS
Kinpstree HID Co. iail & ct hs.. Is 90
s G. Mcdonald, mag 3mos. ..... 1S Is
w NJ Vause & Son. work at Jail l o.
S + Godwin, Co bd equalization 48 50
III o Britton. clerks sal l-3.... al 81
" contin cent .... i -
Kingstree Tel Co. rent Of phone on
Charleston p tx MfgCo. rub
bers clerk Of court. t.......... 3 O0
@ w Wolfe. advertising, &c.. 80 Is
] G Mccullough, contingent. 90 90
salary ...... lou w
w Goodwin, township bd as 10
J r Pen lergraSs, lO w
J n DuRose. " :; 10 0O
] W McClam, coz" " 90 10
- township Id ass ssors. ..... 90 70
Walter G. Wilson, co Il town.
ship bd aSSes:or ......... ~ w
] J Hanna. township bd assessors 8 w
b b Chandler, CO & township Id
a>Se SsOrS. 70 oo
\ W Chandler, co & ;own ,lip bd
assessors ~ 81
j ClarkSUn, co Il township bd
assessors. w
V w FL Cocktirld. county aud
township board assessors. "a 90
r ii & w P Matthews, county
and township boa d assessors, II %
] E Davis, county anil township
board assessors ACKNOWLEDGEMENTS ~ ~
r B Marshall, county and town
ship board& asse .Sors ...............;;... % 20
G B Eaddy. county and township o
board assessors ........----........ w
w S CumIin, county and town
ship board assessors. .....-.-..... ~ 4o
w S Eaddy, county aud LOWE
sin hoard assessors % 20
C G Daniel & Bd, Id assessors 30 %
- county and town.
ship hoard aSSeSsors...................H. :. IL ~
D \ Johnson Il II E Eddy,
township board asses>ors........-. IL %
5 P Cooper, county & twonship
board assessors 70 ~
S Montgomery, ,county&to"n-
ship assessors rs.-.......-..-............... ~ w
The county record. [volume] (Kingstree, S.C.) 1885-1975, 1910-05-05

P s Courtney, ID bd assessors 10 90,
w NJ O'Bryan, " 6 s OO'
J w Kelley, g. " 10 90
j P Gamble, Jr, g. '' " 10
F B Patterson. brooms for ct h Is 80
Dr. w V Brockingtor, lunacy. 5 30
DR. j D Eaddy, post mortcm....... Is 90
" = g. visits to paupers 90
s G Mcdonald, mag & con ......... Is 00
N HAMMET.
Co Commissioner.
The Mathews journal. (Mathews C.H. [Court House]) 1903-1937, 1910-01-06
Ineligible TO Clark.

Former Governor Sam Hauser. the
Grand Old Man of Montana. was one
c. Ine Witnesses in the investigation
held by the United States Senate "a.
ind out whether the mining million
aire William A. Clark was entitIed "a.
his seat ~
What did you do. Mr. Hauser pc
the late Senator Hoar asked.
I went to see Mr.. Clark"
Where did you see him."
In Butte City"
AT his homer"
Yes, sir"
What did you say to him?'
told him If he would loosen up
he might have a chance to be elected
to the Senate"
Loosen up?" said Senator Hoar
Loosen up? l don't follow you. Ia
that mining term? 1 do not under
stand what you mean"
Maybe you don't" snapped Hauser.
but Clark did."-Saturday Evening
| Post.
The Mathews journal. (Mathews C.H. [Court House]) 1903-1937, 1910-01-06
SOME FACTS ABOUT
RADIUM LITTLE KNOWN

Radium is a metal. 1t has been OBJ
tanned from pitch blende, or uranium.
Several tons of pitch blende are re-
Quired TO produce an ounce of radium.
1t was discovered in 1898 by Nine.
Shaladowski Curie and her husband
Pierre Curie, of the Ecole Polytech-
nique, Paris. Pitch blende has been
found in Bohemia. Saxony, Caldwell,
England, and in Colorado and Texas.
Radium emits light and heat con-
tinuously, without combustion or
change It loses -millionth part
of it's energy in 100 million years
1t belongs to the alkaline group. such
as calcium, strontium. barium, and
thorium, with an affinity for the for
mer. Radium will impart its proper
ties of light and heat emission tc
other substances, which will become
radioactive, but this activity is only
temporary. Compared with dynamite
! it is reckoned to be more than -four
| hundred thousand times as powerful
The largest order for radium ever
given was placed by Lord Iveagh anC
| Sir Ernest Cassel in London in Jun,
this year. The quality ordered wa:
seven and one-half grammes, rather
more than a quarter of an ounce. Th'
price was $150,000, equal to $50 ,00t
an ounce, or $9,120.000 a pound. TIL,
largest amount bought hitherto hal
been one gramme.
The Mathews journal. (Mathews C.H. [Court House]) 1903-1937, 1910-01-06
CENTRAL BANK PLAN
UNDER DISCUSSION

To the common objection raised to
the proposal for a central bank of
issue in this country, that the neces-
sary capital for it could not be raised.
President Fairchild of the the Kings
County Trust Company makes answer
that if the State banks and the trust
companies, as well as the national
banks, were to be given the right to
subscribe for the stock-to the extent,
say, of 10 per cent of their paid in
capitalize necessary capital would
be promptly forthcoming. And it no
doubt would. For there are, in round
numbers, 10000 national and State
banks and trust companies in the
United States, with an aggregate capt.
tai of approximately $4,000. 900. 600;
and 10 per cent subscription to the
stock of the central bank would
yield around $200,000,000 for it's
capital. No institution, in Presi-
dent Fairchild's opinion, should be
permitted to control stock in the CEN
trail bank I'm excess of 10 per cent of
the capital, or In excess of per cent
of the capital stock of the central bank.
Still, the notion IL widespread that any
central bank that may be established