davidaulloa/AmericanStories huggingface dataset:
The oasis., 1912-04-20

DllCaDle to the dlSOuTSemenJS or the State Geologist for the purposes herein provided, and said accounts for said disbursements, upon the payment thereof, small be audited by the State Auditor.
 Section 4. This act shall take effect immediately.
 PURPOSE OF THE SURVEY.
 CD To make scientific descrip- tions and maps of formations and ore deposits of the undescribed mineral area of the state.
 (2) To describe and map the veins and lodes of the district and also building stones, saline de- posits and other non-metallic pro- ducts.
 (3) To collect data regarding dam sites and water resources if possible while making the mineral survey.
 (4) To publish a Monograph on the Ore Deposits of Arizona in- cooperating in the same maps and descriptions of the state and of the various kinds of mineral deposits. (5) To secure cooperation with the Government Geological Sur vey to assist in this great work.
 (6) To secure cooperation with both mining companies and min- ing men in the collecting of min erals, and ores for exhibition at the San Francisco and San Diego Propositions.
 (7) To call the attention of the mining investor and mining engi- neer to our undescribed mineral deposits.
 PLAN OF THE WoRk.
 (D Selection of staff consisting of geologists with assistant and draftsmen to be paid on per diem basis, and clerk.
 CD Cooperation with the Cham bers of Commerce to secure head quarters in the principle mining cities and places for exhibition of maps, and mineral collections
 (3) Mapping and investigation of formations and ore deposits in the undescribed districts, and the com parison of the surface showing geology of undeveloped deposits with developed and known mines.
 (4) The collection of complete mineral exhibits for the San Fran cisco and San Diego Propositions, as we'll as smaller exhibits with maps for each county furnishing necessary housing and shelving for such exhibits.
 (5) Publication of an authorita- tive monograph on the Mineral Resources of Arizona.
 CAN THE WORK OUTLINED BE DONE
 AS IT SHOULD? I Within the time available2 and for the sum asked?
 The United States Geological Survey has either completed the detailed description, or has an examination under way of the fol-. lowing mineral areas: Bradshaw Mountain area, lager and Palache, geologists; Bisbee area, Ransome, geologist; Globe area, Ransome, geoIogist; Ray area, Ransome, geologist; Morenci area, Lindgren, geologist; Tucson area, Tolman, geologist In these districts there will be necessary only further ex- animation underground, and the collection of specimens.
The oasis., 1912-04-20
AelzoMAs MINERAL RESOURCES.
k k Measure for Their Scientific Oescrip- ton and Presentation Which
 Should Be Adopted.

Senator Lovin of Mohave county, has introduced into the body of which he is a member a bill for advancement of the mineral re- sources of the new state, which Is presented herewith; and it is believed by TIE OASIS to be a meritorious measure which will wield marvellous influence in presenting to the world at large the great undeveloped mineral re- sources of Arizona, and by calling the attention of capital to the marvellous opportunities here of iered, will forward in a remark able degree the work of develop ment and increase in producing mines, mining population and taxable property.
 Following is the text of the bill:
 SENATE BILL NO. 55.
 AN ACT
 To Prouide for the Representation ofI
 the Mineral Resources Of the
 State Of Arizona at the Pdnanoa-
 CaLifornia International Erposi.
 ton to be Held at San Fran
 CISCO, California, jn 1915.
 Be it enacted by the Legislature of the State of Arizona:
 Section 1. The State Geologist of the State of Arizona is hereby authorized, empowered and direct ed for the use of the State of Ari- zona in the due representation of the mineral resources of the State at the anama-California, in the year 1915, to collect rocks, minerals, ores and metals of the several Mining Districts, and from the mines therein, of the State of Ari- zona, and to classify the same, and for such purpose to prepare maps, diagrams and such other literature as may be deemed by him neces- sary to show the ore occurrences in said Districts, and their relations to existing formations. Scientific results of the work aforesaid and such technical description of mines or mining properties from which the collection above provided shall be made, shall be published by said State GeolOgist as "The Ore Deposits of Arizona"
 Section ?. The said State Geolo- gist is hereby authorized and em- powered in carrying on the work herein provided, to employ as- slstant geologists, engineers, drafts. men and sufficient clerical force, and to fix commensation of each thereof, to aid in carrying out, maintaining and perfecting the provisions of this act. He shall make annual report to the Gov ernor of the State of the work done, plans of procedure and a full hnancial statement of the ex- pendltures made under the ap- propriation herein authorized to be made for such purposes.
 Section 8. The sum of Twenty thousand Dollars is hereby an. nuaIly appropriated in each year TOT three years, commencing with the year 1912 for the purposes ex- pressed in this act, and the said sum shall be annually levied as a yaX upon the taxable estates and inhabitants of the State of Arizona, ana paid into the Treasury of the
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-11-17

purpose of the community in harvesting
and marketing their crops; they also
saved the bankers of the city a consider
able sum of money.
This illustrates forcefully one of the
very great advantages to be derived from
law which would allow banks locally
to utilize their own credit for currency
purposes, and shows to what an extent
the different sections of the country
would be made independent of the money
centers, like st. Louis, Chicago, New
York and other cities. The panic of 1898
and their inability'to obtain currency in
New York and other cities, forced the is
suance of clearing house certificates by
Columbia and contributed to the financial
well being of the community which Co
lumbia served. by saving them the usual
tribute in the form of express charges
and interest which they normally paid to
other localities.
Other sections of the country had sim
liar experience. Surely it is reasonable
and right to ask Congress for legislation
which SHALL in the light of experience,
give us a banking and currency system
which shall serve the needs of business
and conserve the material interests of the
community.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-11-17

values, whether 1t be wage, salary, bonds
or factory, was wildly brought to the
attention of all. by the very general ve-
sort to currency substitutes which OBJ
tanned.
In 1898 the silver propaganda, in favor
of the free coinage of silver at the ratio
of is to l. raised the fear that the coun-
try might go on a silver basis and the
standard of values be all upset according
ly; this fear gave undue consequence to
the Barring failure and had the effect of
preventing an early restoration of con-
fldence. The boarding of gold, in antic-
patton of a possible premium, should the
country go on silver basis. was an in
cident of the situation and directly affect
ed the money supply.
The resulting strlngency induced the
issuing of clearing house certificates very
generally in the smaller as well as the
larger cities of the country, and also the
issuing of certificates of deposit and
cashiers checks by the bankers in
amounts of 81, IS and $40, designed to
pass into general circulation as money.
The money stringency was thus relieved,
the panic overcome, and all such currency
retired within a short period-not exceed
ing three or four months-without the
loss of dollar.
independence of Money Lenders
Inc experience OF Columbia, .. C., was
very Illuminating in respect to this SUBJ
ject. The bankers there We're unable to
obtain currency from their metropolitan
correspondents, and therefore issued
clearing house certificates, which were
used in paying the farmers, moving their
crops and the transaction of business
generally in~that community. One of
their leading bankers prepared statistics,
showing the amount of currency which
had been brought into Columbia by ex-
press the previous year. TO supply the
crop-moving requirements of the fall,
The express charges for bringing in and
subsequently returning this money were
very considerable; the interest paid upon
the loans made with their city CORE
spondents. in order to realize credits, both
for checking purposes and for currency
purposes, was very considerable. All this
was saved py the use of clearing house
certificates. which were issued against
the joint credit of the banks of the town.
and served every purpose, not as well, of
course. but nevertheless served every
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-11-17
Early to Rise

A young chap of the city had been
going the route. and his father re-
solved to correct him, says the Chi
cago Evening Post. He was shipped
to uncle's farm to work along with
the hands.
He had been in the habit of going
to bed at a couple o'clock and stay
ing there until noon. His first night
at the farm saw him in the hay at y
o'clock, and it was some time before
he got to sleep. He had not been
overpowered by work at that time.
Around daybreak he was aroused
by uncle. who came into the room and
stood over the bed.
Come. come, my boy" he said
you've got to get up. You're on the
farm now. you know
The light was not secure, and the
sleepy city chap raised himself on his
elbow and rubbed his eyes.
J Whats up?" he asked.
We're going out to cut the oats"
holy mackerel, Do you have to
neak up on them IN the dark"
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-11-17
Get Rid of
Piles AT Home
Try This Home Observation-Disclosures
Iy Free

No matter how long you've been su.-
fering or how bad you think your case
Is, send at once for a free trial Of
the wonderful Pyramid Pile Remedy.
thousands afflicted as badly or worse
IMAM you trace their quick recovery to
the day they began using this mar
Velously successful remedy.
pyramid Pile Remedy gives instant.
blessed relief. Pain disappears, inflam-
nation and swelling subside. and you
are able to work again as comfortably
as though you had never been afflicted
at all. 1t may save the expense and
danger of a surgical operation.
Just send in the coupon below with
your name and address on a slip of
paper to the Pyramid Drug Co., 420
pyramid Bldg, Marshall Mich and a
sample will be sent you FREE. 1t will
snow you conclusively what Pyramid
ilie Remedy viii do Then you can
get the regular package for so cents
az any drug store. Don't suffer an
other needless minute Write now.
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-11-17

threatened trouble may be made actual
trouble. all because of the natural
working of the law.
An Elastic Currency
Second-The volume of the metallic
money comes through the mint and
partially disappears by abrasion, loss
through the melting pots of the Jewell
ers. As to any particular country. the
volume may be increased or diminished
by export or import. While the volume
of coin money varies, it is in no sense
responsive to the varying needs of
business A properly regulated bank
currency Is the only currency, which
the experience of the world hay de-
vised, that will come into being when
wanted and retire when there is no
longer need for its use. Under our
law banks must buy bonds. which COM
mand a premium, as security for cir
cnlation, ad must pay more for same
than the amount of currency they are
permitted to issue thereupon. BY taxi
ing out circulation bank locks up
money in a bond investment, and 1t
thereby lessons its ability to supply the
needs of It's customers.
Commercial banks are designed to
serve and supply credit to commerce
and trade, both large and small. The
notes and loans which they hold rep
resent the hopes of prosperity of the
millions of people throughout the land.
who have sought credit with the banks
in order to supplement their own re-
sources and realize tho greater gain.
Such credits represent both brain and
bfawn-the farmer, the laborer, the
merchant, the manufacturer--and are
the best credit, the best asset that any
nation can produces: their charac err
corresponds to the commercial honor
which obtains in the community. MIL
lions of people are striving to meet
and pay these obligations at maturity,
IN order to protect their credit and
save their financial lives. They are
the best and most liquid assets that
banks can hold, in peace or panic. and
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-11-17
Defects in Our Monetary System

There are three cardinal defects in
cur monetary system. not to mention
others, from which other great COM
mercial nations are reasonably immune:
First-The reserve power of the
banks; the cash they hold-and which
is a margin of safety in dealing with
THE public, and which supplements the
use of checks and drafts which may
be characterized as auxiliary currency
should be under centralized control, an
altruistic control dominated by the gov
crnment, In order that the same may be
used when and where needed for the
common good, in whatever section OF
the country conditions may call for its
use. Under present law each of our
10000 banks holds its own cash reserve,
and whenever troublesome times come
or threaten, all naturally seek to
strengthen themselves by increasing
their cash holdings-they enter into ac-
tive competition for this purpose, and
in so doing refuse loans and withhold
currency. Past experience has taught
them that IL they part with their cash
there Is no source from which they can
with certainty obtain more. The sit
uation Is thereby aggravated and
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-11-17

er banks, called exchanges" to the
clearing house, charges the total
amount to the clearing house, and Is
given credit for such amount by the
clearing house Every bank presents
its exchanges, with the items drawn
upon each bank, IN a separate envelope
marked with the name of the bank
which must pay the same. Having
received credit for the total amount
from the clearing house, these envel-
opes are distributed to the payer banks
by the delivery clerks, process in
volving ten or fifteen minutes. The
settling clerks, who receive such en-
velopes, tabulate the same. report the
amount to the clearing house manager,
and are charged Herewith by the
clearing house.
The exchanges taken to and carried
away from the cleariLg house are the
same items differently combined, and
therefore the total credits must equal
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-11-17
GLAR|NG FAULTS
OF MONEY SYSTEM
CAUSE OF PAN|CS
Veteran New York Banker
Points the Way to Sci
entific Reform
MOBILIZE RESERVES
is HIS SUGGESTION
A. Barton Hepburn Says Currency Is
Based on Trade of Country and
National Discount Market
Is Urged
by A. BARTON HEPBURN
Former President of the New York
Clearing House Association

With wholesome legislation provld-
ing for and regulating banking, curren-
ey and credit, there should be and
would be no relation between clearing
houses and credit. The proper, and
only normal function of clearing
house Is to facilitate exchanges, that is,
10 facilitate the daily settlements be-
tween banks in the same town or city
facilitate as to labor involved, time
consumed and risk incurred. The pro-
cess is very simple; there is but one
principle involved.
Each bank in a town or city--con-
tanning maybe dozens or scores of
hanks--sends all the checks or items
it has for collection on all of the 9TH
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-11-17
time IT! ANY SOUR, Classy, UPSET
STOMACH CURED IN FIVE MINUTES


/ ma
YOU get
a bad
favorite food meal
iio
The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-11-17

the total debts, and thus prove the
days work. The amount which each
bank brings, however, will vary from
the amount which all the other banks
bring against it, and each bank is cred
ir or debit, according to whether the
amount of exchanges ii brought to the
clearing house Cor the other banks)
exceeds or falls short of the amount
which all the other banks have brought
against it, It's credit or debit will be
for the amount of such difference or
balance.
1925 200, 900 Exchanges Day
One great advantage of the clearing
house is that bookkeeping does all it
cam by way of Offset cash is called
upon only to settle the balances. The
banks that are found debit in the morn
ing-10:00 to 1890 o'clock-pay into
the clearing house their debit balances
at LOO p m, the clearing house redis-
tributes the amount to meet the credit
balances and pays the same to the cred
itor banks at 1880 p. m. OF course, the
credit and debit balances equal and
prove each other. Each bank settles
with clearing house precisely as two
banks would settle with each other,
| II there were only two banks in the
town. The exchanges of the New York
Clearing House for last year averaged
more than s325,000.000 daily: this was
| all accomplished by less than a half
| hours work in the morning, and again
| in the afternoon, and instead of the
banks collecting this 1926. 900, 900 daily
| from each other, and paying 1t to each
| other, with attendant labor and risk
involved in sending so much mon y
about the streets, the cash requirements
averaged about s1S,000.000 daily--or
not much in excess of per cent of the
| totals involved.
| BY charging our vision to include
| the whole country, it is easy to realize
what a great service the clearing
houses render to commerce, trade and
to business generally, by accomplishing
| this maximum of business with a min
| imum of time and expense, and min
imum demand upon the actual cash of
the country. This service is little
known to the average citizens, and is,
therefore, not appreciated.
| l have described the only normal
| function of a clearing house, and the
only function it would be called upon
TO perform but for the grossly defective
laws which govern our monetary sys-
tenn "A fellow-feeling makes the whole
/ world kim" and a common danger ce-
Inents kindred interests in united ef-
| fort for mutual protection. Brought
| into close and harmonious relations
in the clearing house. it naturally fol-
lows that in times of financial stress
and business peril the banks should
combine EFFORT and act through the
clearing houses of the country for the
beneflt of commerce and in the aid
or individual members of the communi-
/ Nv
The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1912-05-13

Pug Cavet, former Tiger pitcher,
who essayed TO work part OF the game,
had been released to Mobile. Which
was well, for IL was coming to him
later. anyway.
Rocky Point is a seashore resort Tor
Providence where the eastern authori-
ties allow Sunday baseball games TO be
staged.
Covington took the game somewhat
as "a Joke; so the Grays took Tex some
what as n Joke. Tex has lovin,
smilin' disposition.
The art of sacrifice hitting was al
most obsolete II was whale en- out
for both teams but especially for the
Tigers.
Kocher thinks it's quite stunt he
did to ship the pellet into the mud 80
deep that the outhelders refused To
mine for a. Got homer on THAI
stunt.
Hub Pernoll took even yesterdays
fracas serious Hub works hard ell
the time playing baseball or poker
There wasn't n Gray who showed
ANYTHING Yesterday emitting him TO
consideration as n Tiger right away.
Elmer Mitchell is the only one who has
looked as II he were developing yell
low and black stripes among the pitch
ers Tutweiler has always looked good
to many as conner.
Cobb doesn't work any harder for
his own club than he does for that OF
Messrs. Navin and Yawkey. While his
possessions were opposing him. he got
only one hit.
Bush 10 DelAhanty to Moriarity
looked like an old-time combination.
The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1912-05-13
Oh, Just Few BUYERS Set A-Buz
By Tigers, Yanks and Grays

That line got three double plays. Del
made room for Perry in left and Witt
Quit TO let Delahanty play second
Pernoll held the Grays to three hits
up to the nth inning when they got to
him for four. one OF which was a
double.
Cavet and Harden Jared about as
nearly equal as two pitchers on the
same time | none game could. Ten hits
from Cavet in "a innings and nine
from Harden i'm 4 1-3.
For such an awful bunch OF men
chasing around the sacks there weren't
many left on. Four Tigers and five
grays died en- route.
II is too bad Jack Lively cannot con-
vince himself he ought to work and
STAY in condition. Released from the
I'll erers because he wouldn't. he now
has to leave Providence for the same
reason, going to anybody vino wants
him.
Providence fans have high opinion
Of witt. II Oscar can beat Del out Of
his lob when Del played the way he
dhi yesterday. they think he must be
a peach Del had ten chances yester-
day that he smothered effectively.
Ford Vaughn. Quinn and Mcconnell
were the Yankee pitchers used against
the Tigers Saturday. Vaughn passed
so many he was yankcd. quinn was
sassy 10 OT.oughlin and was club
housed Mcconnell finishing.
Dubuc Is rivaling Mullin as hit .
ter. TWO Saturday. one Of them a
double
ably
The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1912-05-13
SHORT LENGTHS

August BeImont In nj Lexington look
ing over his horse breeding establish
ment there.
Capt. Gamble. Craig. bond, Han.
Hanavan, Haimbaugh, Sargent. War
ing and Kohler are at DIR. kraenzlein
training table for track men at the
University OF Michigan.
Lee CounseImsn's Kitty Hawk Ill.
went as miles an hour in her trials at
lake st. Clair yesterday.
BIoomer Girls didn't like the damp
weather. so they'll come back May Is.
Catcher DObbins, Tiger posscssion
once released from Providence To sag
NAV has been released by Burkart be-
cause he Is too high-priced.
worth won the Kentucky derby by
n lump on "a heavy track, SATURDAY.
Central High has only one defeat
against it, that administered by Bay
City Saturday at Bay City. to T.
The Indian athlete Thorpe was the
star of the Pennsy-Carlisle-C Carnegie
Tech track meet at Philadelphia. sat
urday.
The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1912-05-13

rnfeeling enough to hang a hard right
on Packey's left optic and blackened
IL. Mcfarland also was scheduled to
meet Young Erne at Philadelphia
three nights after the AFFAIR with
EuTns. but when Packey saw his dec
Grated optic his sensitive and modest
nature made him ayerse 10 appearing
I'm public thus adorned, so he called
of the fight
Right here again, Richie was John
ny.on-the-spot. He stepped into the
breach. went over TO Philadelphia, and
gave Erne a good lacing Later he
Gefeated several good boys. His last
fight in the east was with Phil Brock
at Cleveland.
II was thought for a while that VOL
CAST had been seriously injured in the
bout as his kidneys and groin panied
him. but he says that he feels all right
today.
The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1912-05-13
COMMODORE THOMPSON
TO VISIT KINGS, ETC,
To Interview Dignitaries To OBJ
tain Entries in Chicago
Boat Races

CHICAGO. May 13.-Commodore
William Hale Thompson. Of the As
sociated Yacht and Power Boats clubs
of America, today is on his way to
England and France where he hopes
10 obtain several foreign entries for
the speed boat championships which
are to be a feature OF naval pageant
week here. Commodore Thompson
left here assured OF audiences with
King George and other high digni-
taries whose assistance will be sought.
The king is the head of the Royal
Yacht club and the Royal Motor Boat
club. the two most active racing or
CARNATIONS in England. The coTmo-
dore will reach New York today and
sail tomorrow on the Kron Princes
sin, Of the North German Lloyd line.
The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1912-05-13
PRINCETON GETS $4,000
AS FOOTBALL MEMORIAL

PRINCETON, N. j., May 10
Princeton university students we're
enthusiastic today over the gift OF
$4,000 from Cyrus Mccormick, OF
Chicago, to construct a memorial to
the champion 1911 football team, 1t
was suggested by the donor that S.
900 be used in building gateway to
the athletic field The remainder may
be used toward the construction Of
a stadium.