davidaulloa/AmericanStories huggingface dataset:
Arizona republican., 1913-03-26

values of the mines the cost of their reduction works Mir Charming point ed out that in the case of the low grade properties the lower the grade the more money had to be spent in cessary to treat a larger tonnage of ore per day in order to make d commercial success
 Mr Charming also pointed out that the engineers who had planned the operation of the large low grade porphyry were absolutely under the necessity of proving up large ton mage before they could interest the necessary capital 10 equip the pro- perties. That a mine like the Ray. M iami or Inspiration could not pos sibly be operated at profit if treating only 1000 tons per day. and that therefore they were under the necessity of making this large initial expenditure before a single pound Of coppr was produced.
 Still further. in regard to the point of not adding to the assessment of q mine the value of its improve ments. he called attention to the fact that if certain of the properties. at present not smelting their own con- centrates. should put in smclting plant to do this 1t would reduce their operating costs. consequently increase their profits and thereby increase the taxable value as far as the state was concerned If the above policy were followed and the cost of reduction works were included in the value of the mine as estimated on the gross and ret basis. it would encourage the building Of reduction works within the state and discourage the expOrta : tion of ores and concentrates Tor treatment outside.
 Tn closing, MT Chahning reiterated his opinion that the most practicable way of estimating the value of mine for taxable purposes. in Ari zona. would be based upon some null tiple of the net and some fraction of the gross. but without the further addition of the value of any reduc- ton works
Arizona republican., 1913-03-26

then the assessment on the property could be spread upon the rolls in two parts, one setting forth the value of the mine alone as $4.50G, 900 and the other setting forth the value of it's improvements at $500,000.
 Regarding smelters which did GUS tom work in addition to smeltng the regular ore of their mine. MT Chan ming thought there would be no diff culty in making an additional assess ment of the certain portion of the shelter in the same ratio that the custom ore bore to the regular mine ore and that of course in the case of smelters doing strictly custom work the whole value of the smeltcr would be assessed at a fair value.
 Referring to the total assessment of the Michigan copper mines, MT. Charming called attention to two facts which would tend to make the Michigan assessment of it's copper mines proportionately higher than those of the mines of Arizona. The first was that MT Finay had as sumed 3 rate of income to the in vestors of only five per cent and that while that might satisfy the Boston holders of Lake Superior copper stocks it never would satisfy nor be fair to the mines of Arizona, where certainly nothing less than ten per cent rate would be adequate to in terest capital Mr. Charming showed that according to MT. Hoover's tables, the present value of d mines share. paying s1.00 per year of mine with twenty years life on d five per cent basis. would be worth s11.96, where as on ten per cent basis t would be worth only s1.49 In addition to this MT. Charming called attention to the fact that certain Of the Lake Superior copper mines incuded in their assets. not only railways. but stea m5hips on the Great Lakes and in addition to this. enormous holdings of timber lands and that these made a very material increase in the gross valuation of these properties. Follow
 ing out his argument that il was unfair to specifically add to the
Arizona republican., 1913-03-26

opinion, the best way to value the mines for the purposes of taxation, would be to arrive at some value, based upon either the net production or the gross production or a com bination of the two. That under these conditions each mine would eventually pay taxes based upon it's true value. That if, a mine lasted five years and was then exhausted it would have paid taxes for that five years and at the end of that time it would automatically cease to be q tax payer: that if one continued 10 operate successfully for twenty years it would pay it's taxes for similar period and that in both cases the state would receive revenue during the time that the mine was wrought and received the protection and ad vantages of the government of thc state of Arizona.
 MT Charming was also strong in his contention that after determining the value of the mine upon this basis. that it was not proper to still fur thcr increase the assessment of the mine by the value of the mine re- duction works by it's concentrator or smeltcr or both. He clearly pointed out that MT. Hoover in his calcula tiOns and MT Finlay in his work had assumed that the Va .ue of the mine was primarily based upon it's annual product or profit AFTER it had been equipped. MT Hoover. in his book on Principles of Mining " gave concrete example in which the present value of certain mine. if equipped. was approximately S1,- 100000. but inaSmuch as it would take s200.000 to build this equipment that the present value of the mine un- equipped. was only $500. GOO Ir answer 10 the question propounded him to how he would make this agree with the basic law of the state which insists that if by the proper calculation of net or gross or both. it was arrived at that the
 value of an equippo, producing pro perty was say S5,000.00O and that it's plant was worth S500.000. that
Arizona republican., 1913-03-26

Foley Kidney Pills will reach your individual case if you have any form of kidney or bladder trouble. any backache, rheumatism, uric acid poi soning or irregular and painful kid- ney action. They are strengthening, tonic and curative and contain no habit forming drugs.-Elvey X HuIatt Advertisement
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1913-03-18
train
Crashed Int landslide On
! I. " Lta. Near Greer
Salurday Morning And A Bad
Wreck Occurs

Greer, Ohio. March ia. T. W. v.
Il o freight train, south bound,
crashed into several hundred tons or
dirt and rock about one mile east of
this place at 4 o'clock Saturday morn.
ing and the engine and four cars were
badly wrecked The train crew mira.
culously escaped injury. The oh.
struction on the track was the result
Of landslide.
The scene or the wreck Il at a rath.
er perilous point on the track. The
roai bed is laid between high. steep
banks which occasionally give way in
places and cause small slides. Awatch.
man Is employed to keep strict look.
out and prevent accident to trains in
case slide should occur. The watch.
man was on duty as usual but had
just turned bend in the track ana
was out Of sight and hearing of the
particular spot on which the slide oc.
CURED. His first warning of the
wreck came when he heard the crash
OF the engine against the obstruction.
Traffic was tied up on that part Of the
road for several hours. Passenger
trains were detoured from I.oudon.
vile and Coshocton by the way OF
Orrville.
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1913-03-18
AWNING
Caught Fire From A Lighted
Cigarette

An awning in front of the B. A. Bair
dry cleaning establishment on West
Vine street was burned at about mid.
night Friday night and the front Of
the building was badly scorched by
the flames which are thought to have
been started BY a lighted cigar or
cigarette dropped from window on
the third fioor where dance was be-
ing held. The fire department was no.
titled and fremen reached the scene
of the blaze in time to extinguish the
fire before 1t had gained much head.
way. This is the second time that
the, building has been ablaze within
the week. The first time was when
bundle of burning rags was thrown
through a window into the Four
Brothers pool room.
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1913-03-18

was also very convincing In his
speech against the recall.
Pauline Riley for the affirmative, in
her turn, a little miss with big arsu-
ment, advanced points and proofs In
well chosen words equally a. impress
sive and In q manner equally a. ora
torical 10 Der sister opponent Helen
Kelly, Of ting negative who followed
her. Hoy Russell for the Affirmative
and Donald Atweil for the negative
finished the argument In chief. Mr..
Atwell displayed unusual powers Of
conviction and with an excellent de-.
livery, Just a little rapid, upheld his
side Of hte question In q manner per.
haps trihe more ably than any other
member Of either team. In the opin.
ion OF large number Of hearers Of
the debate, GAINESVILLE had 1t won be-
fore the beginning of the rebuttal
speeches.
The rebuttal speakers took their
db tOiiOWos uC6d-
tive; Pauline Riley, Affirmative: Harry
Templeton, negative; Cecil Hall,
ALTERNATIVES; Donald Atwell, negative
and Hoy Russell. affirmative.
The result of the debates at Zanes.
vile and Newark were announced
from the stage before the result of the
local contest was made known. When
It was discovered that GAINESVILLE had
taken off the honors Of the annual
affair the local supporters were al.
most as enthusiastic in their cheers
for the yictors as they would have
been had the victory been to the or
ange and black.
The judges Of the debate were Pro.
fessor James e. Haggerty of o. 8. u.
Professor Bunyan Spencer Of Denni-
son University and Professor II.
Rhodes Hundley, also of Dennison
University.
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1913-03-18
BADLY
Cut Was Mans Hand While
Handling Glass

George Titus was badly cut while
haniling glass at the Camp glass fac.
tory Saturday afternoon. He was plac,
ing cylinder Of glass on the shove
pan when it burst in small pieces and
a sharp fragment struck him on the
left wrist A deep cash was inflicted
and an artery was severed. The wound
bled freely until the aid of physician
could be secured. Several stitches
were used In closing the wound.
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1913-03-18
How's This1

We OFFER One Hundred Dollars Re
ward for any case Of Catarrh that
cannot be cured BY Halls Catarrb
Cure. a.,,
F. J. CHENEY 4 CO.. Toledo. q.
We. the undersigned, have known +. J.
Cheney for the. last 10 years. and believe
him perfectly honorable In all business
out any obligations made by his Arm.
NATIONAL BANK OF COMMERCE,
tt Toledo q.
acting directly upJn the blood and mus
ccus surfaces OF the svHtenl, Testlmonial1
sent free. Price - CENTS per bottle. 6ol4
BY oil Druggists. INV
xsks Hsn s,n,v puls 10, ~osAaipatSsA
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1913-03-18

The question for debate Friday
night was:
Resolved. 'That All Judges Who
Hold ONCE BY Election Should Be
Subject To Recall BY Popular Vote
Under Such Regulations As Shall Be
Prescribed BY Law" Constitutional.
ity Conceded).
At Mt. Vernon the locals argued the
affirmative and GAINESVILLE the mega.
tive. At Newark Mt. Vernon argued
the negative and Newark the affirma.
tive. At GAINESVILLE Newark argued
the negative and GAINESVILLE the affirm.
ative.
The local high school auditorium
was crowded to capacity by students,
parents and many other persons of
Mt. Vernon and Knox county who are
interested In those who took part and
in the question. The large room was
completely filed long before the time
set for the beginning of the debate
and expectation and pleasure at the
prospect of good evenings enter.
tainment was current throughout the
big crowd The event was financial
success greater even than that Of last
year.
The stage was decorated appro-
priately and very prettily with colors
OF orange and black to represent the
Mt. Vernon team, and blue and white
to represent the colors of GAINESVILLE.
A canopy of streamers OF the four cor.
ors was hung over the entire stage
while the back was hung full of Mt.
Vernon and GAINESVILLE pennants. Cut
flowers decorated the speakers tables.
The students occupied reserved sec.
tions and were adorned In orange and
black ribbon and c0lors and nealy ali
had Mt. Vernon pennants which were
waving aloft 1T all times except while
the debate was on. As early as 7
o'clock. and even before, the crowd
began to assemble and as soon as q
body large enough had assembled to
make noise, II began. Needless to
say the noise grew to correspond with
the size Of the increasing assemblage
1.-THE visitors were Justify cheered on
several occasions by the local student
body who were liberal in helping out
the little GAINESVILLE contingent which
accompanied their team hoping to see
and hear them score decisive victory
over the erstwhile almost unbeatable
local debators. Occasionally much
weaker outburst of enthusiasm was
: heard and this came from the throats
OF the small body Of loyal GAINESVILLE
supporters.
At exactly o'clock Chairman
George w. Coyner took his position
on the stage and the debating teams
r Mt. Vernon and GAINESVILLE, marches
) up the aisles Of the auditorium an,
! occupied their respective positions a
I opposite sides of the platform. Thei
: entrance was made amid the loudes
4 and most enthusiastic cheering ye
< heard during the evening.
Cecil Hall opened the argument TO
the affirmative and was very strong d
his opening address. Harry Temple
ton Of the negative followed him an
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1913-03-18
cRevEL,Ne' IMPROVING

Philip Creveling, who was injured
at the Hanover Gas Cos pumping sta.
ton south of the city Friday after
noon. passed good night at the Mt
Vernon hospital and was slightly i'm.
proved Saturday morning. His injur-
les will not prove fatal unless blood
poisoning should set In.
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1913-03-18
NIT ~ STREET CAR

DR.. G. X. Conard's automobile was
hit by street car on West High
street Saturday afternoon DIR. Con-
ard was thrown from the machine and
severely bruised. He was removed to
his home in taxicab
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1913-03-18
MT. VERNON
BREAKS even
In The Triangular Debate
Friday Evening
Won Al Newark And Lost At
Home
zaneSville's Team Wins In
Both Places
While Newark Lost Ont In
Each C0nteSt
Lively Scenes At Debate,In
M. Vernon

The fifth annual triangular debate
taken part In by the high schools Of
Mt. Vernon. Newark and GAINESVILLE
resulted in MI. Vernon winning at
Newark and losing at home: zanes'
Vile winning both at home and at
Mt. Vernon, aud Newark losing poth
at GAINESVILLE and at home.
At GAINESVILLE the judges decided In
favor of GAINESVILLE by a vote of two
to one.
At Newark the decision was two to
one in favor of Mt. Vernon.
At Mt. Vernon the judges decided in
favor OF GAINESVILLE by an unanimous
vote.
The score now stands as follows:
Ma
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1913-03-18
Cociety
News
embrsldsry Club
10 entoetainod

The Priscilla Embroidery club was
entertained At the home ofsMrs. Cioise
II. Crumley, East Hamtramck street.
Thursday afternoon. Refreshments
were served. Mrs. D. .. Rockey ana
Mrs. W. p. sawvel were guests Of the
club.
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1913-03-18
+ f f + + + + 4. + 4. 4. 4. 4
T DEATHS 4
+ + + + + + + r + + + 4. 4


Marion Cftchfield, residing just ov-
or the Knox county line In Coshocton
county, died Friday at his home. His
death was due TO pneumonia He was
7S yeaFs Of age and Is survived by his
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1913-03-18

Let us show you the different sradsA
Of tea and coffee. Our line 10 osu~
plete. The Poppleton Grocery Co. u
y. Gambler street.
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1913-03-18

Mr.. Frank ID. Guilbert Of Centerburg
spent Saturday at the home Of Consta-
BILE Alex Bumpus on East Front street.
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1913-03-18
committee
Appointed On Change Of
Municipal Government

Under the resolution adopted by the
Mt Vernon Citizens Association dl.
recting the appointment of a commit
tee to investigate the subject of taxa
tion and the advisability OF changing
the form of government for this city,
President A. A. Dowds has named as
such committee II. c. Devin, w. p.
Bogardus, r. c. LarimOre, II. J, San
derson and l.. w. Mulhane.
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1913-03-18

wife and one son. Funeral eunAng
morning at II o'clock from the Dssssk
pie church and interment In the T1vN
erton township cemetery. n
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1913-03-18
APPLICATION
For Removal Of Guardian
Heard By Judge wilkins
In Probate Court On Satur.
day...0ther Court Notes

Probate Judge Wilkins was engaged
on Saturday In hearing the application
for the removal Of W. n Wagner as
guardian OF Charity Robinson. an al.
legged imbeciIe. Allfparties Interested
In the case reside In Fredericktown.
The hearing occurred In the common
pleas court room and q large number
of witnesses were present from Fred.
ericktown and Mt Vernon to testify.
---o--
Building Commission Met
The members of the building CON-
mission in charge OF the construction
of the new county Jail met at the
court house Saturday with the archi-
tect, Mr.. Marriott of Columbus. The
plans for the new jail were gone over
by the commission.
The Clerks Record
The record in the Office of the clerk
of courts. shows the disposition OF
the following matters:
Ohio VS.. w. b. fiin-Continued
Ohio VS.. Whitefleid Middleton-Nol.
lied. vi
Bum VS.. Durieux- Judgment by
confession for $114.
Butcher VS.. Howell-Settled.
Ao-
Court On Monday
The assignment of chancery cases
will be taken up IN common pleas
court on Monday. The first case to be
heard will be that OF Sapp vs.. Cooper.
First and Final vi
A first and final account has been
filed in probate by. Christian Feren.
baugh, trustee of George II. Feren.
baugh, showing the sum of S20,O21. 80,
to have been received and $l10.50 paid
out.
Account Filed
c. v. Trott, assignee Of the Fair.
view Glass Co., has filed first and
final account in probate, which shows
the following: Received $3,476.7b
paid out the same sum
| o
Deeds Filed
G. C. Crider to Sylvia Hogle II
acres In Milford, 81.
Isaac Rosenthall to The Mt. Yer
non Bridge Company. parcel in Mt
Vernon, $2,500.
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1913-03-18
sHERIFr's SALE
Esther Frizzell

Esther Frizzell
W.. tF.
John Smith ct al ss !.
nv virtue Of an order OF sale in parti-
tIorl issued out OF the court OF common
pleas OF Knox County. Ohio, and to me
directed, will offer for sale at the door
OF the Court House. in Mt. Vernon. Knox
Saturday, the 29th day Of
March, 1918,
between the hours OF ! p. m. and 3 p r..
OF said day. the following described lands
and teueinents. to-wit:
situate in the Township Of Pike County
of Knox and State OF Ohio. All that part
or portion OF the Northeast Quarter Of Of
Section -Four az Township Eight u!
and Range Twelve u2) in said County, and
State formerly owned BY Moses Hedges.
Supposed to cover fifty-twO acres. being
the same more or less, hnd being all SAID
Quarter except Q tract In the South-eass
corner thereof formerly owned by Lin
(3A acres. tract Of some ten Oo) acres
on OF the South and OF the West half tls
formerly owned by ID. Gruble, and a tract
OF some fOrty-tWO acres (i3) formerly
owned by David Leedy In the North nal,
al and West part OF the West half IA
OF said Quarter an shown by deed fror
Moses Hedges to Mnrinda Smith dated
the II day Of April. 1884 and Recorded OF
Vol. 81 Page Is the Deed Records OF Kno'
Appraised mt S23O.00.
Terfns OF saie--Cash,
wy 8E J. M. WOOLISON,
Sheriff Knox County, Ohio.
Houck 4 Guip. attorneys for plaintiff.
rs'Hssc.N0's-A0 ti tA iat N
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1913-03-18
FREE ADVICE
ITO SICK WOMEN
Thousands Have BeenH Helped
By Common Sense
Suggestions.

Women suffering from any form of
female ills are invited to communicate
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1913-03-18

promptly with the
" o m . ms private
correspondence de-
partment Of the Ly-
dia E. Pinkham Med
icine Co., Lynn,
Mass. Your letter
will be opened, read
and answered by a
woman and held In
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1913-03-18
Deeds filled

Deeds Filed
G. C. Crider to Sylvia Hogle 1
acres In Milford, 81.
Isaac Rosenthall to The Mt. Vel
non Bridge Company. parcel in Nj
Vernon, $2.5O0.
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1913-03-18
Aeeotint EiiAd-

Account Filed
c. V. Trott, assignee of the Fair.
view Glass Co., has filed first and
final account in probate, which shows
the following: Received $3.476.7b
paid out the same sum
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-10-07
MONEY AND EXCHANGE.

THE MONEY MARKET.-Call money
was active, ruling 3A per cent Rates:
Opening, per cent; highest. per cent:
closing, q FER cent. Time money was
firm. and all dates advanced Rates:
4laq4% per cent for sixty days, 5Q5A per
cent for ninety days, 4Aq5 per cent for
four months. 4&Q5 per cent for five
months. 4Aq5 per cent for six months.
Mercantile paper was quiet. Rates: 5i7
dorsed bills receivable. 5lzq6 per cent for
choice four TO six months single names
and per cent for others.
FOREIGN EXCHANGED Foreign ex-
change closed easy. Yesterdays quota
lions: Demand sterling, 1850 cables.
$500; sixty day bills. 4Sl3.; short francs,
90 less Lie; short reichsmarks, 95 l5-l6.
DOMESTIC EXCHANGES Boston. par:
Savannah, buying 3-l6c discount, selling
par; San Francisco, sight &c premium,
telegraph &c premium; Charleston. buying
par, selling Lice premium; Chicago. eX-
change before clearing par; New Orleans,
commercial 75c discount; bank 81 pre-
MUM; st. Louis. exchange 15c discount
bid, l0c discount asked.
SILVER MARKET-Bar silver in Lon
don was easy at 2Sisd. a decline of 3-l6d.
SUB-TREASURY.-T United States
Sub-Treasury was a creditor at the Clear
ing House yesterday to the extent of
sl.9i2.si7
BANK CLEARINGS.-New York, ex-
changes s246. 427S54. balances sl2. as, -
Boston. exchanges sls.652,5OO. balances 81
05i 200; Philadelphia, exchanges SO, 81 i23,
balances s26s5. III; Pittsburgh. exchanges
sS,175.S9; Chicago, exchanges SIS, 037 9l7.
balances s2.74ssS7 ST. Louis, exchanges
$l6613, 1886. balances sl,22Q,s7.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-10-07
CONSOLIDATED EXCHANGE.

4 general decline in prices was recorded
on the Consolidated Stock Exchange un-
der active trading. Sales totalled $3.50
shares. distributed over broad list which
included forty-seven different stocks 4
forecast of the later trend Of the marke!
was given on the $3.50 o'clock opening call
when general losses were registered ccm.
pared with Saturdays closing DSure'.
These declines ranged from a small trac.
ton TO 2. of a point. There was trans
action on the call in Texas OIL at In.
which REPRESENTED the only market FOR
that stock in Wall Street during the daI.
In the trading after the call prices 70.
many stocks gave way sharply, the down.
ward movement being accelerated by TIE
reaching of stop-loss orders. uneasiness
over both the tariff and currency TO-
gether with reported renewed anu-uuI
activities on the part OF the wilson az
ministration helped TO make trading SEN
ti,rent pesslmistic. American Can was
an exception to the general tendency. II
was asserted that the reduction in the
tariff on tin plates, Of which 1t is hea'y
buyer. would benefit that company Can
sold as high as 33@. on the ConsoAdated'
against a New York Stock Exchange hlsh
of 335s. In the cases OF most or the prom
inent stocks their call quotations were
their highest. Near the close there vas
rally from the lowest. apparently NANNY
on short covering. Reading tailed TO sell
under l6ia4. against a low on the o'ae'
board Of 1915 Smelting's low OF IA
compared with 6lss on the other exchange.