davidaulloa/AmericanStories huggingface dataset:
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1911-02-13
ERSONS IN THE N w S

JUDGE HUMPHREYS is out agald MRS. GRACE Mac
after several days illness. warren Mills
-. here for the pa
c. DU Ro. raroadman and plant preparing ior
er of Honolulu, is staying at the on,ostrionro be
Stewart-The Call. having been lie;
REP c. A. RICE Oh haua arrWel G. H. PRINCE, vi
by the Kinau yesterday Merchants Ma
G. H. FAIRcHLD. manager of the attor iI ~
Makee Sugar Company, to oral weeks Y
town by the Kinau yesterday. Bogart. also fror
j. H. sHCNACK is about the streets mpe eeucE Mo
after a attack of rheumat- daughter will RI
ism contracted on the coast. Siberia on the
Mackall having
W. J. SHELDON, member of the cram 70 that eff
House of Representatives from the
Garden Island, is in town, having DISTRICT Alto
come over on the Ktn@u back in his
after his recent
SUPERVISOR EeEN LOW is back said that bo is
again in town, having Travelled from b,t not vow, t
Lanai by the Mikabala
DR.. T. C. CALLAHAN, prominent OFr AIN e+m II
physician of Spokane intends to Irenioel Vi 'ne
main in Honolulu till time in IenIS, zen years
March. ~ la W. VI
MRS. CHARLIE 3. GRAY, who Is to government is
be Kauai's princess in the Floral companled by M
Parade, arrived the nj -
nau DR.. H. v. MUIR
after undergoin
ALBERT HELLNER is at present ill ton He was
Honolulu, and expects to remain ahua Oh the Y
away from about two months. 60 t oy, -, ~
. f. "ue'in tice. Mrs. Nun
ing with him in
&C. cHARLocK, of the Board Of
Health, came back from Kahului c. S. DOUGLAS
yesterdar the Mikahala after Vancouver who
looking into health conditions tel received c,
Maui that his compan
REP SAM KELIINol, from Maui seinent' wiz
in the MikaEa.a yesterday, eminent ~ 'oiS
accompanied by his brothers w. H. uocN Oh Nancou
and S. S.
-. Mr.. AND MRS.
MR.. AND MRS, BENTLEY, who have tanned at dinI
been showing the Empire and Sa. Washington sire
voy theaters, returned to the coast daughter, Miss
by the Mancfhuria today her hance Mr..
Crocker. The
MRS. E. A. McBRYDE the mother of tended the Eel
the Messrs McBryde of Kauai, has the Fairmont
arrived, intending to stay here all
winter MR.. AND MRS.
! 80. KER guests
Mr.. AND MRS. HENERY of San Fran ana Mrs cha
cisco and Stockton, who have been ,ley WIN De Ell
! enjoying several weeks in this city, tber yloddi
| will be departing passengers in the ian Islands an
Sierra next Wednesday morning. home in Berl
Miss Ste
MR.. AND MRS. T. HUTEsoN of Seat Tribune
tie, the former OF whom is manager +
of the Huteson Optical Company, Mr.. AND MRS.
are guests in the city. They expect of Sydney, Aus
to stay for some time Wy of Iiondol
= 50" outward passel
A. WYATT, of the San Francisco Call, chura this mo
left on the Manchuria for his home Cohen are prt
:, city. Mr.. Wyatt, accompanied by pie and are {
! Mrs. Wyatt, has enjoyed his trip to coronation II
Honolulu, having taken in all the pressed with
= sights characteristic of these is saw under the
lands. cy Hunter
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1911-02-13
WANTED

Rooms with or without board;
housekeeping apartments, Sillali
houses. furnished or uufurnished
Send full par-rcuiars to
THE HAWAII PROMOTION COM
MTTTEE.
100 amateurs Apply Biiou Theater
between 10 and o'clock.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1911-02-13
classified "AdS''
LOST
POSITION WANTED
JOB PRINTERS WANTED.

Two frst-class compositors are want
ed for extensive, city printing estab-
lishmeut. Apply i'm writing, stdung
full address and experience. p. o.
pox 36G.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1911-02-13

Fine Job Printing, Star Office.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1911-02-13

DR.. H. v. MURRAY is convalescing
after undergoing a severe opera
ton. He was sitting up on a ver-
anda of the Queens Hospital on
Saturday 1t will be a week be.
fore he will venture to resume prac,
tice. Mrs. Murray has been stay
ing with him in the hospital.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1911-02-13

c. S. DOUGLAS, formerly mayor of
Vancouver who is at the Moana no
tel, received a cable during the week
that his company had completed ar
rangements with the Canadian gov
eminent to construct a 62O-foot dry.
dock on Vancouver Bay
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1911-02-13

MR.. AND MRS. w. c. IRWIN enter.
tanned at dinner at their home on
Washington street in honor of their
daughter, Miss Helene Irwin, and
her fiance, Mr. Charles Templetou
Croker The party afterward az
tended the FELTON, dinner dance al
the Fairmont Hotel.-Chronicle.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1911-02-13

Fine v0b Printing. Star OWice,
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1911-02-13

MR.. AND MRS. BURNETT COHEN,
of Sydney, Australia, and Miss Lee
Wy, of London, were among the
outward passengers on the Man
churia this morning. Mr.. and Mrs.
Cohen are prominent society peo-
pie, and are on their way to the
coronation. They were greatly i'm
pressed with Honolulu, which they
saw under the guidance of Mr.. Per-
cy Hunter.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1911-02-13

CAPTAIN SAM HENRY, who was a
member of the firm of Clark &
Henry, ten years ago, when the first
Pearl Harbor channel dredging con-
tract was let by the United States
government, is here for a visit, ac-
companied by Mrs. Henry.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1911-02-13

MR.. AND MRS. FREDERICK BAR.
kER are guests at the home Of Mr.
and Mrs, Charles p. Hoag, here
they will be entertained extensive
ly They have just returned from
their wedding trip to :he Hawai-
ian Islands and are building a
home in Berkeley. Mrs. BarkeI
was Miss Stella Hoag Oakland
Tribune.
New-York tribune., 1911-12-17
INDUSTRIAL ASSN
Employment Agency

II WEST 42D ST. Near 9Th Ave.
for select help: all nationalities: references
strictly investigated and on fle. Telephons
ho1O
New-York tribune., 1911-12-17

lIdIts
,NrEp everywhere for easy selling
ilENIs sw,tHion; particulars free; send for book
New-York tribune., 1911-12-17
OPTICIANS.

LETTERS CO. l5i Nassau 81. Fac-Simile work
speciality. First class printing addressing
envelopes filing in names stamping etc
New-York tribune., 1911-12-17

VaCUIA cleaning carpets. rugs pcrtierres IN
your roine II desired. NEW YORK CAREFUL
CLEANING BrREAU. ~ West I35th Phone.
s9sq Harlem
New-York tribune., 1911-12-17
PARTNER WANTED.

Party owning large lumber business
estabIi-hc1 20 wears will take IN partner
with $50 900 and open New York branch
large profits; investment secured; oppor-
tuntv afforded TO withdraw II not sails
fed. 8 4, Box 10. Tribune once.
New-York tribune., 1911-12-17
MISCELlHNE
LOST BANkROOkS.

BANKBooK No. 500. 6Ss OF the Union Dime
Savings Bank Is missing Any person having
a claim to II is hereby called upon 10 present
the same Within ten days or submit to having
said passbook cancelled ana new one issued.
New-York tribune., 1911-12-17
BUSINESS CHANCES.
CAPITAL WANTED.

During the past year a series Of experiments
have been conducted for ME under the direction
of a preventative OF one Of our largest uni
ycrsitics These experiments have resulted in
q positive scientific method for successfully
treating and largely Increasing the commercial
yaluo Of one Of our great natural resources. In
addition. material now practically worthless
and obtainable in great quantities. at low cost
can be treated by this process and readily mar
keted al an attractive profit. have spent largo
sums for the development 20 date and now desire
additional capital, and the cooperation OF an
energetic keen, honorable business man VINO
can control AZ least 100000. The fullest op-
portunity viii be afforded for thorough inVetu-
cation. but under no circumstances VIII | treat
are IN q position to talk business. controlling
interest will be retained by me, and ] am pre.
pared 10 furnish and will require the best OK
financial and personal references. The process
above referred 10 IS FULLY protected by patents
In This and other countries. | invite correspond-
cncC on this subject Address Advertiser, 600
Tribune Building, New York city.
New-York tribune., 1911-12-17
Female
HoUSEKORKERS ;%rES, z \, liS$ Hs6SS4 &6,,sS g

pIs-tsp A 4, MIIL NEIUMMfIlNL 1t. = N.t,'tIs''
sTsb Txbp cry OR COUNTRY; Sl2 mon IH.l.
.aoy-Tivo i'm family. city: $50; apartment
Slss FltzGerald'o Employment bureau 0V'
a. ave. Entrahcc on 42d st. t.-
soIy 7breo .u family: city: Protestant pre-
CtsOSsd $50 Mss FitzGerald's Employment
r-ssu sos sch ave. Entrance on 42d ST
;TssIC%EE-Muslin underwear; competent take
Isyrs v.orkrooms out Of town; permanent
.s,toS Call write. Mr. Josephs, Hotel VIC
-, Broadway and 9th 81. -
STeSTRY G0VERNEss speaking French Two
N,bfldren and years. $50. Miss FitzGer-
.,4s Fnplcy-acnt Bureau 6o3 9Th ave. En-
,rsnce on 42a 81. ---.
S--5sTRY SOVERNESS, French, three chill
SrSr, 4 3 and years; SS5. Miss FitzGer-
,,s.s Employment Bureau. sos 9th ave. En-
,rsnce on 42d 81. -
WITNESS and PARLoR MAID.-Three IN
SmiIv: city. S25-S30. Miss FttzGerald's
,-nsnlnyrneut Bureau, 5o3 9th ave. Entrance
=, I2d 81.
New-York tribune., 1911-12-17
BOROUGH OF isKOOkLiN

LARGE. sunny room FOR quiet refined gentleman
steam heat. detached house; select helshoof
hood Prospect Park and elevated, - min
utes 10 city, 81. "a H.. 18th St, Flatbush.
New-York tribune., 1911-12-17
SUPERFLUouS HAIR.

Trade -OBLIfERINE-Mark
The Ideal Hair Remover; guaranteed 90 destroy
all EuIcrfiuous hair or MOSEf hEF uNDED;
b, Inc Treatment; harmless, 81 by mail. MILTON
TIARMACAL CO. 80 "a ave. New York.
ALL supcrfuous hair permanently destroyed. cleo
tic needle process: work guaranteed demon
strntion free FLORENCE FOBELI. 200 West
72d a. Phone also Columbus.
SUPERFLUOUs HAIR removed permanently;
electric needle. visiting electroiysls. Madame
Smith. 14D West liza.
n ptKFIlOIs HAIR permanently removed.
electric needles painless. Consultation free
ELECTNOLY6IS co. East 10th ST.
New-York tribune., 1911-12-17
uAcu,NEey DIES AND MODELS.

MACHINERY. DIES AND MODELS.
INVENTORS.--Experi work specially
Jodels tools dies and drawings Geo.
schvarz CO.. 123 Liberty 81
INVENTORS' models, experimenting, tools. light
manufacturing. expert; cheap QUICK rail-
MER. AIS West 9th Il. "
NIETZ 4 WEISS OIL ENGINES operate on
kerosene furi and crude oils i2s Mott St. N.
New-York tribune., 1911-12-17
enlale.

CAAMBERMAlD- -O'AITREsS.-Nea Swedish
z-l t.5); folc Years last place, city; excel
ltAt personal and written references; S25.
Oe .rb,rg's Agency, ZIG Lexington ave. Tel.
llj5 Plaza.
New-York tribune., 1911-12-17
HELP WANTED
.iaIn

ss-.-----~' siale.
WANTED everywhere for easy selling
AGENTS u,,3cn. particulars free send Tor book
s. prep Eacon' Clinton, Conn onn-
Nt :. L,-1ND ACCOUNTANT.--Nant man
ACnfTOh In auditing and investigation
eypeiiri, knowledgo OF sNsVemat2ine anu
work, ,-,ion details: good edueauon, rena onltE
ara close apnofised with certified accountants;
,s,tion, " SSs. experience and salary. Practi-
ss'sR Roy 81 Tribune 0iIlSs. .-..-----------.-.--
81 II-T.I.LlNG SALESMAN.--Esr While
RErA ~. ~. ,yrite for particulars ot our system.
yol va, l.@,"S system. Rochester, \. Y.
Blsess1I.,sT Muslin underwear; competent take
DESIGN lroou,e. out Of town. permanent
chaise ,-sW write Mr. JoSephs, Hotel Vic
pcsiii Snro,dway and 2Ith 81.
..-5I te.s. I-STRATEp BOOK tells about over
THbJ ..~ofs.ted positions In L. :. service.
9N,VN al 600 vacancies every year. There
NEf tla a.bance hero for you. sure aud generous
psy !. T,iklet cess. no obligation. Earl Hop
.s-tT-,-- iRT YOC earning So daily at home
VIZ LLsosre@time silycring mirrors no capital
ii spS,-,riive booklet. givins plans Of opera
nee - s. Redmond, Dept. &I2, Boston. Mass.
REPRESENTATIVE WANTED. .--Splen-
OON.D ..--or,s assured right man TO act as our
da ntsfive after Learning our business thor
ftpva So mail Former experience unnecessary
clsl .rS.ouirc IS honesty. ability. ambition and
a. Nc 49, 10 learn a lucrative business. No so
hduht, " to- man in your section 10 get into
pG'..'nns saving business without capital anu be
pk, ys.assdeut for life. Write az once Tor full
oon.s nis,s m Address T. r.. Marden, Pres. Ihe
ft,.nrai COOPERATIVE Reai Estate Ionpah|'
m..rlSS Ss,,-der Building. Washington. Z. {.
New-York tribune., 1911-12-17
FOR SALE.
FURNISHED ROOMS TO LET.

RIVERSIDE APARTMENT. NEAR eGTH ST
subway; private family wishes 20 rent one VI
two large rooms: private bath; suitable lor one
or two bachelors. no other roometsi reference
nrINAIa L. NJ. Roy 40 rrlhlne Otlcc.
New-York tribune., 1911-12-17
$4,000

Ten YEAR Debenture bonds bearing 6 per cent
annually. Lomrany have plant equipped fci
business of smelling and mining ores; personnel
and integrity or board OF the hishes, chars cter
Denomination of bonds 800 $500 and $1,000
zach selling at par and bonus Of 100 per cent
of the capital stock cf the company. The bonds
are convertible within 3 years into two for one
to stock OF tho comPany. Assets conservatiyely
estimated al 81 000. 600.
-WIGGiN> COMPANY. (9O
A LIMITED number of shares OF - preferred
stock 81 2 hollow Metal Construction Company
for sale This corporation has great future as
This line Is only IN its infancy. For full particulars
ACKNOWLEDGEMENTS COMPANY. (A0
WILL SELL. valuable patent rights Of New
York state ~ a New system of teleerarhy, optic
and Acoustic or will take subscriptions Tor form
Ing a corporation. -
McDONALDWIGGiNsC COMPANY. CAGj
II YOI- HAVE CAPITAL To INVEST IN
prodtable manufacturing. communicate with
mechanical engineer owning and controlling ex-
coedinely valuable machinery speciaties with
extensive connections for manufacture and mar
ktting. Address ENGINEER. Box q. Tribune
Ofhoe. ---------
FOR sALE.--i0o shares In OLD established manu-
featuring concern. In Chicago vicinity: guar
antced 10 pay an annual dividend of per cent.
nrice 500 per share. Address &. G.. w. Box IL
Tribune Otce.
WGNTED.-- good reliable man 10 invts,
$40 900 With large real estate corpora ton
csta hlished for many years owning now about
80 houses. Opportunity. Box 10. Tribune
Once.
New-York tribune., 1911-12-17

COJPLE. $50: butler and useful; wife good
cook and housewoTker; plain laundressi per
so1al references. c.. MatheUsou Agency, SIS
G.f ave Tel. SIS Bryant.
New-York tribune., 1911-12-17

CHA MBERN ID-NVAITRESS.--Neat swedish
sE., w1iing % assist other work; excellent
chanoerwa.d excellent references OsterDerg
Asercy. IlG LeNlngion ave. Tel. 1885 Plsza.
New-York tribune., 1911-12-17

Passenger Offices 9 B'wsy (rei. 2i00 RectoD
and Pier 81. n. II. West 2Sd ST., y. W.
New-York tribune., 1911-12-17
BOARD AND ROOMS.

10TH ST 1O6 West.--LarBe and small rooms
ample heat. hot water: excellent board. tel
ephone.
New-York tribune., 1911-12-17
SCANDINAVIAN
EMPLOYMENT AGENCY.
727 LEXINGTON AVE.

Between 5sth and 59th streets
Select Help, Male and Female OF all Natlon-
alities, promptly furnished to best pE'a'e
families. Telephone Plaza--6114.
IENNART RIISS ProprietOr
New-York tribune., 1911-12-17

COOk-Japanese, excellent cook, wishes po-
sltiou IN family or club. or as useful valet 70
tzSs care OF sick or invalid; honest, sober;
'ong experience. Toku. care japanese y. NJ.
r 4 NNncOrd ~. Rrooklyn.
New-York tribune., 1911-12-17

NHtNBENMAID. WAITRESS or PARLOR-
NAlD.-NoIus. neat Finnish; epeaks Eng
.sr, excellent ch1nbcrmaid: best references;
~, osteIberGs Asency 7lG Lexington ave.
Tel lV55 Plaza.
New-York tribune., 1911-12-17

COJPLE-Man generally useful, small place
h country. wite good cook and laundress; (;
2esl rlf,rences. c. J. Cooper's Agency 657
f.b - 2Sth Ft
New-York tribune., 1911-12-17

PIXIES old optical house. established 1904,
eyes examined: Prescriptions ned; tee-
scopes microscopes. Benj Pikes Sou, HI
2sth 81.
New-York tribune., 1911-12-17
WORK WANTED,
Male.
JAPANESE kSll1sif f'1nieSm men, Bur,
Female.

DRESsNAKER, temporarily disengaged; ON ave
experience: So daily: special rate weekly en-
;aecrnent. tailored skirts, renovatinG' new gowns
.nr A33 West 46th 81.
New-York tribune., 1911-12-17
DOMESTIC SITUATIONS WANTED,

HJTLER. VALET. UsEFUL.--Thoroughly ex-
psrierocd: wears excellent references; city.
country, SS5-S40 Industrial Association
Assucy. II West 42d. Phone 52l0 BRYANT.
D17TLER-CS CSEFUL--English; understands du.
tes thoroughly: strictly temperate; good
clty references. city. country. Mss Buckley :
Agency. II West 42d. Phone, 74S7 Bryant
PUTLER ard USEFUL MAN.-$SO; Swedish 4;
geat Young man: well experienced ard good
references o.. Msthewson Agency, SIS 9Th
syt. Tel. 37S Bryant.
New-York tribune., 1911-12-17
OLD GOLD AND SILVER,
FIRE exTINeUlsHek3 g. LADDERS

LIFE NETS. ladders. cxtinguishers Combine
tion Ladder CO.. 81 Park Place Tol 0023
New-York tribune., 1911-12-17

:: y: : g; e: s: e 5 :.: e.; !.
able for presentation, with
out extra charge
Here are a few other Specials of
which we have no duplicates. They are
equally as cheap. quality considered:
New-York tribune., 1911-12-17
The . right lra' School for the eai

DANCING; taught privately. gracefully by re
fined LADY, waltz. &c. DANCING TEACHER
" 3Sth
Milford chronicle. [volume] (Milford, Del.) 1878-1974, 1911-01-20

SO a " "
man can freely talk
OF her private ill
ness to a woman /;
thus has been es-
tablished this con-
iidence between
Mrs. Pinkham and
The WOmen of
America which has
never been broken.
N lever has cba Y,,,h
Milford chronicle. [volume] (Milford, Del.) 1878-1974, 1911-01-20
8 MEN KILLED
ON The DELAWARE
Wireless Reports Disaster on
WarShip at Sea.
NO OFFICERS WERE INJURED

Dispatch Says All Were Victims Of
Steam, But Details Are Lacking.
One Badly Hurt.
A serious accident occurred in the
freroom of the battleship Delaware,
Hampton Roads, Va, killing eight en-
listed men and badly iniuring anoth-
er. No commanding officers were hurt.
The accident was reported to the
navy department by Rear Admiral
Marshall, commandant of the Norfolk
navy yard. who forwarded a wireless
message from Captain Charles A.
Cove, commanding officer of the Della
ware The dispatch said the men were
burned by steam.
The names of the dead follow:
Charles Henry Harp, of Violet. KY.
fireman, first class; William Morris
White, of Vicksburg, Miss, fireman
second class; Columbus Porter Watts,
of Fairmont, Ga. fireman, first class;
Herbert Anderson Brewer, of Hermit
age. Tenn, fireman; Lewis Addison
White, Of Beaver Dam, Wis, coal
passer; Clarence Dewitt, of New Flor
ence. Tenn. coal passer; Christen Jen-
sen, of Brooklyn. N. Y, water tender.
and an unidentified man.
Badly injured: Eugene Phillips, of
Washington. fireman.
The cause of the accident was not
reported Captain Cove promised to
send a more complete report later to
the navy department Captain Cove
asked that a tug be sent from the Nor
folk navy yard to Hampton Roads to
take OF the bodies of the victims of
the accident and to transfer Fireman
Phillips, the only man injured. to a
shore hospital. The victims of the acct
dent suffered from burns caused by
escaping steam.
An unusual series Of accidents has
befallen the vessels Of the navy within
the last few days. The South Carolina,
Michigan and Dubuque lost port pro
pellers within a few days OF each
other.
The Delaware had been detached
from the Atlantic feet and ordered to
Hampton Roads to transport the body
of the late Senior Don Anibal Cruz
former Chilean minister at Washing
ton, to his native country. She was
scheduled to leave about Jan. 81 for
Valparaiso with the body, returning to
the Atlantic coast next May. It is not
known at the department whether the
ship has been damaged sufficiently to
make it necessary to choose another
battleship for the trip to Chile.
Milford chronicle. [volume] (Milford, Del.) 1878-1974, 1911-01-20
SHOTS FOR BRAND IN
FRENCH CHAMBER
One Of WOuId-be ASSaSSin'S
Bullets Wounds Colleague.

The French chamber of deputies in
Paris was thrown into a panic by an
attempt made upon the life of Premier
BRAND.
Two revolver shots were fred upon
the ministerial bench from the public
gallery in the chamber, but the pre-
mier was unframed.
One of the shots entered the leg Of
Leon Mirman, director of the depart
ment of public assistance in the min
istry of the interior. The wound is not
a serious one.
The wOuld-be assassin is a man
named Gisoime, who was formerly a
clerk of the courts of Bayonne. He
was bounced upon by policemen be-
fore he could use his weapon a third
time If he had such an intention, and
was hurried from the place.
NJ. BRAND was quickly surrounded
by others of the ministry, and by the
deputies and heartily congratulated
upon his escape from death. There is
no doubt that he was the intended
victim, and only the poor marksman-
ship of Gisolme saved the minister
from death Or injury.
For a time the greatest confusion
prevailed. The proceedings of the
chamber had been going on as usual,
and there was nothing to indicate that
the crowd of spectators in the gallery
included one who had designs upon the
life of the head of the cabinet.
Milford chronicle. [volume] (Milford, Del.) 1878-1974, 1911-01-20

Tne branches" in turn would elect
to the reserve association proper direc.
tors, forty-fiye in all, among whom
must also be proportion of men rep
resenting interests other than banks.
There would be also six ex-oficio
members of this board, namely, the
secretary of the treasury, the secre-
tary of commerce and labor, the comp
troller of the currency, and the gov
ernor and two deputy governors of the
association.
The governor and deputy governor
of the association would be appointed
by the president of the United States
and would be removable by him for
cause.
The association would be the princi-
pal fiscal agent and depository of the
government. would fix from time to
time the rate of exchange or discount
and eventually its notes would replace
those of the national banks.
Prime commercial paper, passing up
from the banks through the local as.
sOciations and branches. as well as
bonds of the government, could be
used as a basis for currency issue.
New Scope For Banks.
, The plan cOntemplates also two new
classes Of national banks. or depart
ments OF banks to receive savings and
make loans upon real estate and also
to be in effect national trust companies.
The system Of mutual support by
which the associations members
would meet currency emergencies is
detailed at length
It is proposed to charter the Reserve
Association OF America with an au.
thorized capital OF approximately $780,
100000 The length OF the charter shall
be fifty years. and the head office shall
be in Washington
A national bank having a minimum
capital of at least $4,000 may sub
scribe to capital stock of the reserve
association equal to 20 per cent of the
stock of the bank and not less, and
each of such subscribing banks shall
become a member of a local associa-
tion. Fifty per cent of the subscrip-
lions to the capital stock of the re-
serve association shall be called in
cash; the balance of the subscriptions
will remain a liability of the stock.
holders. subject to call.
Share of the capital stock of the as
ISOLATION will not be transferable, and
under no circumstances may they be
owned by any corporation other than
the subscribing national bank.
The earnings of the reserve asso-
citation shall be distributed in the fol-
lowing manner:
After the payment of all expenses
and taxes the stockholders shall re-
ceive per cent Further earnings |
shall be divided. one-half to go to the !
surplus of the reserve association. I'M
til that surplus shall amount to 20 per
cent of the paid in capital one-fourth |
to go to the government and one.
fourth to the stockholders.
After the stockholders receive 5 per !
cent per annum the earnings shall be |
divided, one-half to be added to the |
surplus of the reserve association and |
)ne-half to go to the government. Az
Ter the stockholders receive 3 per cent |
per annum and the surplus amount /
70 20 per cent, all excess earning.
shall go to the government. The min
mum dividends to the stockholdel
shall be cumulative