davidaulloa/AmericanStories huggingface dataset:
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-07-13
N.t;ona, Bank Statement.

washington, July 13.-The comp
troller OF the currency's report of the
condition of national banks on June IA,
as compared with April is, shows
gains of s71,S7Osa4 in loans and dis
counts. s13.513,733 in cash and $113.-
41o.075 in individual deposits.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-07-13
New York Produce.

New York July 10
Buttery-Steady; receipts. Hop
tubs.
Cheese-Steady and unchanged
Eggs-Quiet and unchanged; re-
ceipts. 1904 cases.
Poultry-Alive. quiet: broilers. %:
fowls. 16; turkeys, 49, dressed, firm:
chickens. broilers. 22T26 folws, 14h
I18; turkeys, 16I oil.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-07-13
The Monev Market.

New York. july 13.-Prime mercan-
tile paper, ~ @4E per cent; sterling
exchange. steady.
Money on call. nominal.
Time loans. firm; 60 days, 3A; 30
days. 31s.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-07-13
Liverpoo! Grain.

Liverpool, July l3.
Wheat-spot. steady: No. . red
western winter, SIS I'd: futures, firm;
July. is sgd October. Is 3Ad.
Corn-Spot, steady: American mixed
new. SIS 10d: old. SIS 111ad: futures.
strong: July. As 11ad: September,
As g1sd
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-07-13
Chicago Potato Market.

Chicago, July tt.
Potatoes-Easv; Oklahoma, 70; Ohio,
so; Kansas and Missouri, 10: barrelled
stock 2.6OM2.70: receipts, 40 cars
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-07-13
Rana. Of Chicago Grain Prices.

CNICdRO, july 10.
wheat-September opened at 1.O1 u
@1.o1x; highest, 1913: lowest, 1.oo&
@1.ooN; closed, 1909: December
opened at 103A @1o31.; closed, 1929.
Corn-September opened at 69A q
70: highest, 10: lowest, 691s G69A;
closed, 69k; December opened at 5S7s
@59; closed. 5s1z.
oats-September opened at 35M "a
1878: highest, s5B; lowest. 25A N35 %
closed, 35ss 0351a: December opened at
36x 937: closed, 36 u 636ss.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-07-13
Chicago Horse Market.

Chicago, July 13.-Horse trading has
been very light the latter part Of this
week. A small number of buyers found
their way to the barns and picked up
some Of the heavy horses. but the COM
mon kinds were not disturbed. Trading
in the early part Of this week was fair
ly satisfactory for this time of the
year, and while prices for the inferior
horses had to be shaded. steady mar
ket was maintained for the good. big
kinds. The bulk of the horses sold were
consigned to eastern people and buy
ers for the latter were careful in max
ing their selections.
Receipts Of horses yesterday were
estimated at 100 head. which makes
total of 1880 head for five days this
week This compares with 1865 head
for the same time last week and 1871
head for the corresponding week last
year. Quotations:
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-07-13
Rance of Prices.

The following range Of prices is
furnished by Ware & Leland. mem her
of Chicago Board Of Trade rooms 1
and 2, fremont block
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-07-13
St, Louis Livestoek.
LOCAL LIVESTOCK. MARKET.

prices Paid for Cattle, Hoss and Shssr
on loeal Marjeot.
MarShalltown prices ON livestock
wsrs quoted by Brittaiu & Co. today q
follows:
CATTLE.
Good at cows and hsifsrs-s.Se0
G7b.
HOGS. H.
Premium hogs. over 1so-s7.oo.
Good packers-660.
Premium hogs, $50 to 10000.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-07-13
St. Louis Grain.

st. Louis. July II.
September. 1.0oA.
Corn-September, 60.
Oats-September, 34ss
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-07-13

Representative Hog Sales.
Below are quoted few Of the repre-
sentative hog sales:
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-07-13
Kansas CITY Grain Close,

Kansas City. July 10.
Wheat-Closed. July, s51s; No. 2
hard. 97@ d1.oo.
Corn-closed. July, 49,; No. .
mixed, -.
oats-Closed. July. 44S: No. ?
white. 1872 M47.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-07-13
AulYrNto POWER. IN CORN HELD
IN CHICK AND MARKET
CLOSES STEADY.
WEATHER CONDITIONS
AFFECT BOTH MARKETS
c.a, wea<her lnimioal 70 Spread OF
Wheat Rust - Excessive kanssa
h..& caueed Corn Prices 70 Climb
Ea1y, Followed by pecHns-Os-
pn.a.;en NuIiiisss Bulge u Oats.

Chicaxo July 13-Cool weather IN
tha northwest, supposed to be inimical
to the spread Of rust, tended today 70
ease off wheat prices after early 1lrm-
ness In sympathy with Liverpool ao-
vance. The opening was shade down
to A@1a up September started at
31.Olx to $1O19s a sixteenth Off 10
NOV advance and sagged to $l.ol -.
Opinions that rust would have to
spread with remarkable swiftness 10
prevent a bumper yield in the spring
crop section, kept the market weak.
The close for September was at s1.OO q,
net loss OF y q y.
Corn.
Attic excessive heat In Kansas
caused the corn market to climb at the
outset. weather eakness led later to a
decline. Commission houses became
sellers. September opened n to %
higher at 691s to 70 and reacted to
6sN.
Reports Of rapid growth in the 1lli-
nois fields held the rallyinS power IN
check. The close was steady, 70 net
lower for September at 500.
Oats.
Uneasiness by July shorts brought
about a bulge in oats, but depression
of other cereals nullified the advance
Sentemher started shade to 1s % Il up
at 36@ to 35B and dropped back to
35ss @351a.
Provisions.
Unloading by holders let provisions
falls. Slow trade at the yards seemed
to take the edge off the market. First
sales varied from last nights level to
IN cents down, with September de-
livery 1855 for pork, s1o.75 for lard,
and s10.471a for ribs.
Chicago Grain Close.
Chicago, July 13.
wheat-No 2 red, 1852 G1.071e; No.
8 red, 1881 @1.o51a; No. 2 hard. 1850
1.07: No 3 hard. 1.00@1.05.
Corn-No. :. 741s @75; No white,
7s1k@7sh; No. 2 yellow. 75@75A; No.
8, 73h@741s; No. white, 7s@7s1s;
No. yellow, 74A 6741s.
Oats-No 2 white, 511s @52h; No. 3
white, 50@51A; standard, 81 Il @52.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-07-13
kan.a. CITY Cash Grain Close.

Nah3aS CITY Ca3h GfaIh CTo5e.
FURNISHED by l.. G. Clay. grain mer-
chant "a East Main. phone 6S.)
Kansas City. July IS.
Wneat-No . hard. 97h m1.00. NOM
inal: No. 3 hard. 9409S; No. hard
S9d94; No. red. sSm9s: No red. SO
@97: No. red. 90@93.
Corn-No. ,. 10: No 8. 1917 No. .
yellow. 1919 @S0; No. yellow. 1872 q
20: No. white, 1884, No. white. 50
1S21s.
Oats-No. .. 411sa42ls; No. 8. 800
Al: No. 4. 35@36; No. . white. 46h a
Al; No 3 white, 1896; No. 4 white
"A
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-07-13

Chicago Grain Call Prices.
utlrnished by l.. c. Gray, grain mer-
chant, - East Main. Phone $50
Chicago. July 49,
Corn-Unchanged to &c lower.
aOats-Inchanged to 1c lower.
Wheat-1c lower to NC up.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-07-13
Peoria Cash Grain Close.

Peoria Cash Grain Close.
FURNISHED by l. G. Clay, grain mer-
chant, "a East Main, Phone $50
Peoria. July 10.
Corn-Unchanged to y lower: No. 3
yellow, 721s m7s14: No 3. 70: No. 4, Il.
Oats-1 a higher: No. white, so.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-07-13

Peoria Corn.
Peoria. July 10.
Corn-No. 3 yellow. 7SA.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-07-13
Chicago Livestock.

Chicago, July 13.-Cattle-Estimat
ed receipts for today. 200; market
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-07-13
Kansas City. Livestock.

Kansas City, July 1S.-Cattle-Esti-
mated receipts for today. 800. includ-
ing 200 southerns; market opened
Reporter and farmer. [volume] (Webster, Day County, Dakota [S.D.]) 188?-1946, 1912-03-07

htigants and the public in general to
c~riticise the decisions of the courts.
yet We are of the opinion that the
privilege Of free speech may De abused
that there is a vast difference between
honest free speech. honest criticism
and infamous villihcation.
while this court. under a proceed.
ing Of this character. has no authority
to ind MI Egan guilty of criminal
hoel. as a jury might on an indict-
ment. yet W. are at liberty to take
into consideration his moral unfitness,
appearing from his groundless accus-
aticns While he has been loud in his
assertions as to the % Is OF this state
being guided by outside influence, not
one syllable OF evidence has he offered
in proof of such assertions. On the
other hand. the evidence in this case
conclusively shows that he himself has
written and published article after
article tending to influence and to in
terfere with judicial action in matters
then pending before the courts and in
he was interested. Finally. in
last argument before this court. he
says. in substance: Il have not writ
ten or spoken a word against the in
Of the courts Of this state. ,
The only legitimate inference is that
memory Is sadly deficient or his
conception Of the truth is very limit
cd.
Reporter and farmer. [volume] (Webster, Day County, Dakota [S.D.]) 188?-1946, 1912-03-07
THE CITY OF WEBSTER
AUDITORS OFFICE
Webster, S. D., March /, 1912.

Webster, S. d., March 4, 1912.
COUNCIL PROCEEDINGS
A regular meeting of the city council of
Webster, S. d., was held in the council
rooms, Monday, March ith, 1912, at 5 o'clock
y. M.
Halbkat, Hyde, Forbes and Herman.
Mayor Frank MONS. presiding.
Minutes of last regular meeting read
and approved.
RESOLUTION
Alderman Halbkat offered the follow
ing preamble and resolutions and moved
their adoption:
Whereas, IL Is deemed in the judgment
of this city council of the City of Webster.
South Dakota to be to the best interests
of the city to issue it's negotiable bonds in
eae re aamf q, s she ZEN Tsyn, ri Th sns sDsi P DollsSs
($10,0O0) of | onded indebtedness of this
city, which fell due and payable on the
and paya 81 n and constitutes nsaai ana a valid oommse.
City 81 Webster.
THEREFORE,, RESOLVED. that the
negotiable bonds of the Oity of Webster,
South Dakota. be issued in the name OF
said city, In the aggregate amioun of Ten
Thousand Dollars C$lO,00o), IN the denom,
ination of One Thousand Dollars $1,000
each, and numbered from 1 to 10 cousecu,
lively, both inclusive, bearing date the
first day of March, 1912, and payable
fifteen Q5) years from date, payable to the
Minnesota Loan and Trust Company. in
Minneapolis, Minnesota. and bearing
interest at the rate of Five Per Cent Is pei
cent? per annum,. payable s~cmi-annually
of each year. n shall have interest
| coupons attached thereto.
That said bonds and coupons shall be
signed by the Mayor n attested by the
Reporter and farmer. [volume] (Webster, Day County, Dakota [S.D.]) 188?-1946, 1912-03-07

City Auditor of the City of Webster, and
the seal of said city shall be affixed TO
each bond. A copy of Chapter 81 of the
Session Laws of 1899 of South Dakota,
being the first six sections of Article % of
Chapter IL of the Revised Code of South
Dakota, shall be printed or engraved on
the back of each bond.
That said Refunding Bonds have been
sold upon a majority vote of all members
elect of the city council for more than the
par value thereof, and the accrued inter
est thereon, to the Minnesota Loan and
Trust Company, of Minneapolis, Mime
sofa.
RESOLVED FURTHER, that the pro-
ceeds of sale of such bonds shall he
applied solely to the payment of the
bonded Indebtedness of said city ordered
refunded as aforesaid. That no bonds
issued under this resolution shall be
delivered to the purchaser until a like
amount of the bonds are sur
Iended and Cancelled. That said bonds
before the delivery thereof to the pur-
chaser shall be presented by the City
Auditor to the City Treasurer, who shall
register them in a book to be kept for
that urpos as required by law.
RESOLVED FURTHER, that said
bonds and coupons attached thereto, be
substantially in he following form,
to-wit:
Reporter and farmer. [volume] (Webster, Day County, Dakota [S.D.]) 188?-1946, 1912-03-07

RESOLNED, that upon said bonds being
duly executed by the proper officers, that
they shall thereupon be delivered to the
purchaser, The Minnesota Loan and Trust
ompany upon its paying into the CITY
treasury the mount of its bid therefor.
which was more than par, but not until a
like amount of the said refunded bonds
are surrended and Cancelled. G.
Alderman Becht seconded the motion
TO adopt said preamble and resolutions,
w~hereupon this following vote was taken
Yeas-Becht, Hyde, HaIbkat, Forbes,
Herman.
Nays-None.
W~hereupon said prea nble and resolu-
tions were duly adopted.
RESOLUTION
Moved and carried that the bid of Jones
Purchasing Agency of $4,000 for one $50
III. L. Heater be accepted.
On motion the proposition of Webster
Electric to place a conspicuous
switch whereby central upon a call, day
or night, can get notification to the police,
same to be installed for $500 was
accepted.
Petition signed by IS legal free holder
voters of the City of Webster, S. D., was
presented, praying that shall Intoxicat-
ia& gvLlauor be sold at retail. in h City
tick Meo an :: D. Same to be placed on
general election. Tuesday, April 18th, 1912.
On motion made and carried the petition
was received and same was ordered placed
on ticket to be voted on at the general
election, Tuesday, April 18th, 1912.
Motion made and carried that the city
council recommend to the board of county
commissioners to abate the tax of Emil
Huwe on structure, valuation 81 $4,000, on
lot ., block q, Priors First Addition, same
having been assessed on lot s, block %,
Priors First Addition.
In regard to re-opening public watering
fOflntatn q ms yUa Iaff ~ 10 s.w
by the street and alley committee.
On motion the meeting adjourned.
J. b. Egeland,
City Auditor
Reporter and farmer. [volume] (Webster, Day County, Dakota [S.D.]) 188?-1946, 1912-03-07
Judge Me- Coy
Geo. w. Egan

Justice J. H. Mccoy 10 his opinion
c~oncurring with the decision Of the
Supreme Court. connected with the
disbarment Of George ". Egan, says
as follows:
81 coDcur IN every word Of the
opinion OF my associate. Justice Whit
ing. Stripping this case Of all bald
assertion wholly unsupported By evid-
ences stripping IL CO all the vsnomous
poison that has ersFr in Co both sides.
we still hare stsBdrng cut in bold
relief something like tie following:
Mr. Egzn enssrs5 fzso q contract
with his client. q al hozrs scquain-
9aDre. whereby he was 20 receive
80. 90 f0r 5sfsndsnx her against the
charge Of nrr1ss. and. whether she
~ sane CO inEzse. 10 had the effect
at ~rsR,sving hsr of..sll her earthly pos
sssnions. and would have left her a
7ernzssss Fszpsr. . &c subject for the
pnoF house. had she lived and been
dsossd q the charge upon trial.
WHEN fhis proceeding was being heard
bef9rs this court. he openly and boldly
aaDortsd that Mrs O'Grady. his client.
sw1s guilty Of murder. This was in
direct violation Of his duty to bis
client. He had entered into q contract
% receive 80. 0oe to defend her liberty
and honor against the charge OF muir
DEF. Upon being defeated in his iiti-
Cation growing out Of his relations
With Mrs O'Grsdy. be then entered
upon . systematic course Of viliHca-
tion ~ he courts and all who did not
aGxoe with him. and while We recog-
niSo 80 The fullest extent the rights Of
Reporter and farmer. [volume] (Webster, Day County, Dakota [S.D.]) 188?-1946, 1912-03-07
CONGREGATIONAL

March 3, 1912.
Morning service at 11:00. Sermon
topic: The Yelled Life.
Evening service at 7:30. Sermon
topic: Social Evangelization.
Sunday school I'm. Alexander Ross,
superintendent.
Bible Glass topic: The Men and
Religion Forward Movement.
Reporter and farmer. [volume] (Webster, Day County, Dakota [S.D.]) 188?-1946, 1912-03-07

One drivii
colt Inquir
Reporter and farmer. [volume] (Webster, Day County, Dakota [S.D.]) 188?-1946, 1912-03-07
City Auditor

RESOLVED, that for the purpose Of
providing for the payment of the interest
and also n principal of said ponds when
due, that there be and there hereby IL
levied upon all the taxable property of
the City Of Webster, South Dakota, the
following taxes, to-wit:
For the year 1912, the sum of Eleven
Hundred Dollars (Sii00.J and a like
sum for the year 1913, and for each
year thereafter, to and concluding the
ggssdT.ws nv .ou Inc yea yed pn,Is rssss,nnn
Reporter and farmer. [volume] (Webster, Day County, Dakota [S.D.]) 188?-1946, 1912-03-07
POLITICAL ANNOUNCEMENTS.
For States Attorney

l hereby announce myself a candidate
for the office of States Attorney of Day
County subject to the will of the republic
can voters at the in ne primary.
Rex w. Harris,
Webster, s. d.
Reporter and farmer. [volume] (Webster, Day County, Dakota [S.D.]) 188?-1946, 1912-03-07
For Clerk of Courts

for nomination and reelection to the
Office of Clerk of Courts subject to the
will of the republican voters at the June
primaries.
Bert f. Johnson.
Reporter and farmer. [volume] (Webster, Day County, Dakota [S.D.]) 188?-1946, 1912-03-07
ST. MARY's EpIsCopAL

ST. MARY's EPISCOPAL
Services at st. Mary's Episcopal
church next will be:
Wednesday -Litany and Penitential
Office 1000 a. m. Evening prayer and
7:30.
Clarence B. Riggs, in charge.
Reporter and farmer. [volume] (Webster, Day County, Dakota [S.D.]) 188?-1946, 1912-03-07
UNITED STATES OF AMERICA
STATE OF SOUTH DAKOTA
COUNTY OF DAY
CITY OF WEBSTER
REFUNDING POND

NNNNsN
KNOW ALL MEN BY THESE PRES
ENTS, that the City of Webster, in Day
County, South Dakota, acknowledges
i.self indebted and for value received,
promises to pay to The Minnesota Loan
n Trust Company, or bearer, the sum of
ONE THOUSAND DOLLARS
lawful money of the United States of
America, fifteen (15) years from the late
hereof. with interest thereon until paid
at the rate of Five Per Cent Is per cent?
per annum. payable semi-annuaiiy on the
first day of March and September of each
year, according to the tenor and effect of
the annexed coupons as they severaliy
become due, both principal and interest
payable at the Office of The Minnesota
Loan and Trust Company, I'm Minneap-
oils, Minnesota.
This bond Is one of a series or ten nO)
bonds, numbered from 1 to 10. consecu-
lively, both inclusive, a~ggregating the
sum of Ten Thousand Dollars yi0.OO0). ali
OF like date and tenor, issued for the ptlr-
pose. OF refunding a like amount Of the
valid bonded indebtedness OF said CITY of
Webster. which at the time was payable,
Reporter and farmer. [volume] (Webster, Day County, Dakota [S.D.]) 188?-1946, 1912-03-07

and the same are issued under and by vir-
tue of and in full compliance with chapter
81, of the Session Laws of 1893 of the State
of South Dakota, entitled A Act to pro-
vide for the issuance of bonds by cities in
the State of South Dakota for the purpose
of ~refunding outstanding bonded indebt-
edness thereof" the same being Sections
1885 to 1890, both inclusive, of Article % of
Chapter IL, of the Revised Code of South
Dakota of 1903.
And ii is hereby certified and recited
that all acts, conditions and things
required by the laws and constitution of
the State Of South Dakota to be done pre-
cedeut to and in the issuance of this bond,
have been properly done, have happened
and been performed in regular and due
form as required by law, and that the
total indebtedness of said city, including
this bond, does not exceed the constitu-
tional and statutory Limitation.
IN TESTIMONY WHEREOF, said City
of Webster, South Dakota, has caused
these presents to be signed by its Mayor,
and attested by the City Auditor, and to
be sealed with the seal of said city, this
first day of March, A. ID. 1912.
."s... ......-..... &. ............-.....
Mayor of the City of Webster,
South akota.
Attest:
Reporter and farmer. [volume] (Webster, Day County, Dakota [S.D.]) 188?-1946, 1912-03-07

Everybody is cordially invited to our
services.
Rev. A. u. Baer, pastor.
Reporter and farmer. [volume] (Webster, Day County, Dakota [S.D.]) 188?-1946, 1912-03-07
. .sss.s. ss..s &.
City Auditor
FORM OF COUPON)

No....,.... $500
The CITY OF WEBSTER, South Dakota
will pay to bea rer the sum of TWENTY
FIVE DOLLARS ON the First day of
September. H.. at the Office of The
Minnesota Loan and Trust Company, at
Minneapolis. Minnesota, being the semi
nnual installment of interest upon
Refunding Bond dated March LIST. No. =.
."-'+s" '-'s'ss .ssss..ss s.'sss.. -. ...s....
Attest; Mayor.
Reporter and farmer. [volume] (Webster, Day County, Dakota [S.D.]) 188?-1946, 1912-03-07

Dial
LIZ
THE a
earth un
building
around tc
and china
together
Col. Lee
in the CO
annual pi
Dakota S
Nof the co
Hampton
debating
resent his
them.
They
sun bakec
and potas
brag of II
TENS and
crops. If
ling o
fertilizer
man from
irrigation
were all y
ming, and
have here
For he
tell US abo
afford to Il
subjects.
produces t
healthy, e;
women-a al
their best
earth. w
wait until
our climat,
them how
things the,
them how
sunshine al
lsroNy wit
and turn t
from east ;
We are
and our col
in my life !
/ have RICH
becaus
how to max
I'm vii
six months
the he
Less than a
here
four
packed the
than any bl
One drivil
colt. Inquir
Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1912-11-26
THE CHICAGO LAND SHOW

Congratulations due to the Chicago Tribune.
1t has resumed control of the Chicago land show,
which it naugurated in 1907 and the fourth annual
show in the Chicago coliseum, opening November 20
and lasting till December g. is announced under the
Tribune's auspices distinguishing feature of this
years show with the exhibitions last year
and year before is that the exhibitors principally are
states and communities rather than land companies.
Georgia is represented there, but not as conspic-
uously as she should be. The enterprising
states of the availing themselves more fully
of this opportunity each year than Georgia yet has
seen fit to do. The show presents a vivid panorama
of the best land opportunities in North America.
Georgia Possesses some of those opportunities She
should offer them to the world with as little hes
itancy as does any other favord state in the union
Incidentally, every Georgian who do should
visit the land show. He will learn much about hls'
own state that he suspected, unless he is one
gas almost mitess resources Too, the contrast will
teach him much. In addition, he will be duly inn
pressed by the Importance of Georga's representa-.
ton at the next land show being second to none
other there.
The oldest living human will attend the show in
the Great Northern railroad exhibit He is old Chief
Fire Maker, named Wa-ha-gunta, born in 1881 1S1
Indians in the northwest 1t would be interest
ing to the wonders of the land show through the
eyes of this primitive North American.
Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1912-11-26
after THE STOCK EXCHANGE.

1t is interesting at least, to hear that the Pujo
congressional committee has some far enough with
its money trust investigation to be assured that the
New York clearing house and stock exchange. in
their control of banks and securities are monopolis
tic in their character and that they should be dealt
with by the federal government. Legislation to
rect alleged abuses in clearing house and exchange
practices will be recommended by the committee,
says the report here quoted unless its present plans
are changed before it reassembes on December 9.
Inasmuch as Presidentelect Wilson has declared
repeatedly that the greatest evil of the country is its
socalled money trust" controlling credit and
therefore controlling all industry and enterprise, the
position which the Pujo committee is reported to
have taken with regard to Wall Streets influence
upon our affairs is clear to most of u.s.
One prominent member Of the committee has been
quoted as declaring that the power of the New York
stock exchange over $4,000 national banks is "out-
rageous;" that it amounts to violation of the sher
man antitrust law These organizations are not un-
der the supervision of any responsible authority"
he is quoted as declaring, land yet they exercise an
almost unbelievable control over the finances and
general business activity of the United States"