davidaulloa/AmericanStories huggingface dataset:
The Neshoba Democrat., 1913-01-16
CENTRAL BANK IDEA
ALONE IS OPPOSED
COMMITTEE CONSIDERS EVERY
OTHER CURRENCY PLAN.
MANY PLANS ARE SUGGESTED
Morawetz Proposes System of Regional
Reserve Banks-Kuhn-Loe Man
Favors Central Reserve
Organization.

Washington.-That there is something
radically wrong with the American
monetary system was agreed to by all
witnesses before the Glass subcommittee
of the house banking and currency COM
mittee, which began series of hear
ings with the purpose of devising new
currency scheme to be recommended to
congress. All the witnesses told the
committee that what the country needed
was more elastic currency and a con-
centration of reserve funds, but opinions
as to how these ends could be accom-
plished were variant.
A. Barton Hepburn, chairman Of the
board of directors of the Chase National
Bank of New York, advocated a central
bank similar to the one proposed by the
National Monetary Commission, 81 per
cent of the stock to be owned by the
government, if necessary.
Victor Morawetz, director of the tinan-
cial affairs of the Atchison, Topeka and
Santa Fe railroad, proposed a system of
IcSlOHdl IeSeTNc DdnkS 10 WHICH Ihe
power of issuing currency should be linn
tied, while Paul Warburg, of the bank
ing firm of Kuhn, Loeb & Co. of New
York, insisted that a central reserve Or
ganization differing materially from a
central bank was the only feasible rem
edy.
Chairman Glass announced that mas
much as the Democratic platform de-
clared specifically against the monetary
commissions central bank plan, the ma
jority members of the committee felt it
was their duty to seek a substitute.
Representative Bulkely questioned the
witness as to the guarantee of bank de-
posits.
If you think the guarantee of depos-
its would stop runs on banks, the sooner
you get that idea out of your head the
BETTER" said Mr.. Hepburn. "When the
people want money, they want it, and
nothing else will satisfy them. A guar
antee would count for nothing at ALL"
The Neshoba Democrat., 1913-01-16
MANUFACTURERS
EXPRESS FEAR
AFRAID FOREIGN MANUFACTURERS
WILL INVADE COUNTRY.
UNDERWOOD MAKES REPLY
Says Committee Not Legislating on Fear
or gination-German Manufac-
facturers Most Dreaded by
Americans.

Washington.-Fear that foreign prod
ucts would invade and injure the Amer
lean market were expressed in the tes-
timony on the metal schedule of the
tariff before the house committee on
ways and means. The committee heard
arguments from representatives. of manu-
featuring and producing intcrcsts-prnr-
ing presses, the zinc industry OF the
Rocky mountains and the Joplin fields,
the wooden screw manufacturers, of
which the American Screw Company con-
trolled 40 or As per cent, and the $40,-
100000 output of machine tools and
numerous other products-presenting Il
virtually solid front against revision OF
the present tariff rates.
Keep on the tariff as 1T stands or it
will work hardship to American in
dustry," was the consensus of the senti-
ment of witnesses, all under oath, pre-
scribcd by the chairman.
Chairman Underwood pointed out that
the committee was legislating for reve-
nue. for the present and not figuring on
what might happen in the future.
This committee" said Mr. Under
wood, Cannot legislate on your fears
and on the conditions that you say you
expect. The committee ought to legis-
late to meet conditions when they arise"
Germany's constant lowering near the
customs line as serious competitor of
the American ministry was tha constant
source of complaint in testimony. Rep
resentatives of the printing press, ma
chine tools, tinsel wire and other articles
told of the menace of German COMPETE
tion, and several manufacturers COM
planned that foreign competitors were
quick to copy in detail all American
improved methods.
The Neshoba Democrat., 1913-01-16
HOLD UP TAFT APPOINTMENTS
Republican and Democratic Leaders Fail
to Agree.

Neutrality-suspicious. by Democratic
senate leaders to make an agreement
with the Republican forces for Joint
committee to go over President Taft's
recent appointments and select certain
acts that should be confirmed by the
senate met with failure.
Attempt at a compromise was the re-
suit of meeting of the special commit
tee appointed by the Democratic caucus
in December to evolve method of han
ding the hundreds of appointments that
have been sent in by the president since
December IS. Leaders informally pro-
posed to the Republicans that five mem
bers be selected by each party to take
up the task of wedding out" the pend
ing nominations. A number of Repub-
licans were called together to consider
the proposal and promptly rejected it.
The Neshoba Democrat., 1913-01-16
GUESTS OF THE PRESIDENT
Mrs. Cleveland and Mrs. Harrison at
White House Dinner

Washington. - Entering the White
House for the first time since she left
it as the retiring first lady of the land,
Mrs. Grover Cleveland was entertained
at dinner by the president and Mrs.
Taft at one of the most notable dinners
OF the present administration.
Another distinctive feature of the din
ner was found in the fact that repre-
sentatives of four, White House admin
istrations gathered to do honor to Mrs.
Cleveland. These representatives were
Robert Todd Lincoln and his wife, repre-
senting the Lincoln administration =;
Mrs. Benjamin Harrison, representing
the Harrison administration, which inn
mediately antedated and sandwiched the
Cleveland terms; Mrs. Cleveland, Miss
Cleveland and Mrs. Thomas Bayard and
Mrs. Daniel S. Lamont, representing the
Cleveland administration, and the Tafts
and Secretary and Mrs. MacVeagh, rep
resenting the present one
The Neshoba Democrat., 1913-01-16
new YORK BANK
MADE SS0,OOO,000
GEO. F. BAKER TELLS OF INSTITU.
TION'S ENORMOUS PROFITS.
262 PER CENT DIVIDEND
Financial Triumvir Declares There Is No
Improperly in One Man Holding
Directorships in Competitive
Institutions.

Washingt gton.-Enormous profits by
the First National Bank of New York
City were recounted by George I. Baker,
chairman of the board OF directors of
the bank, as witness before the house
money trust committee. Mr.. Baker fur
nished the committee with records show
ing that since its organization in 1868,
with Il capitalization of 100000, the
bank has made profits amounting to
more than $SO,O0o,0OO.
In the four years since 1908, Mr.. Ba-
ker told the committee, the bank had
paid dividends of 226 per cent, or more
than twice the total capitalization,
which is now $1O,000OOO. When the
capital was increased to that amount in
1901 special dividend OF $9,50O,O00
was declared, Mr.. Baker said, to enable
the stockholders to take up the addi-
tional investment. In 1908, in order to
provide $10,o00,000 of capital for the
organization of the First Securities Com
pany, to take over the business (which
the bank could not do under the law"
Mr.. Baker said a special dividend of
$10,000,000 was declared. This was in
addition to the regular yearly dividends.
Samuel Untermyer, counsel for the
committee, from the figures supplied by
Mr.. Baker, calculated that since he as
sumed the presidency of the First Ma
tional, in 1878, that institution has paid
dividends of 1850 per cent on it's orig
nal capitalization.
Mr.. Baker flatly opposed the sugges-
ton made by Mr.. Untermyer that ma
tional banks be required to make public
their assets, in order that depositors
and stockholders might know the nature
of securities held by the banks, the wit
ness declaring that he saw no possible
good that could come of such a pro-
vision.
The Neshoba Democrat., 1913-01-16

A baby never laughs, an aged per-
son very rarely. But the smile, like
the pleasures of the palate, according
to Brillat Savarin, belongs to all the
seven ages of man and with normal
persons it is universal. Imagine a nev-
er-smiling human being, and you must
assume that he is either physical or
a psychological eccentricity, or both.
The Greenpoint youngster who shot
himself in Central park, Manhattan.
and died few hours later, is said to
have been known among his school
mates as "the boy that never smiled"
He could work, he could study, he
could think. He appears not to have
been without affection. Yet suicide at
the age of sixteen was the climax of
sort of abnormality which science nev-
er had an opportunity to analyze or
classify. The child that never smiles
demands scientific attention. In this
rather jumbled up universe occasions
Tor smiling are everywhere. Breaks
In symmetry are everywhere. An eye
that does not see, mind that does not
comprehend such breaks, is unusual
enough to be made study of for the
ultimate benefit OF the rest of the race.
The Neshoba Democrat., 1913-01-16

Napoleon was the greatest egotist of
history. He was not disposed to give
credit unduly to other people. Yet he
wrote of his mother: "It is to my
mother, to her good principles, that
owe my success and all l have that
Is worth while. I do not hesitate to
say that the future of the child de-
pends on the mother" All through life
he ordered his brothers and sisters
around, and paid slight heed to rela-
uves OF any sort. Yet he always treat
ed his mother with respect, and she
IN her turn never lost her head, but
thriftily laid aside resources for the
days Of adversely which she saw were
bound to come. This influence of
mothers is inevitable. says the Kansas
City Star. The father is away from
home large share of the time. It is
to the mother that the child turns. She
is his closest companion for the first
few years Of his life. In all the period
when his habits are forming he is con
stantly In association with her.
The Neshoba Democrat., 1913-01-16
THOUSANDS FLEE
RAGING WATERS
OHIO OUT OF ITS BANKS, LOW.
LANDS INUNDATED.
RAILROADS ARE HAMPERED
Seven Hundred Families Abandon Homes
at Louisville-2,5 500 Homeless in
River District of Cincinnati.

Louisville, Ky.-Between seven hun.
dred and a thousand families have been
driven from their homes along the water
front here in the past "a hours by the
rising waters of the Ohio. A stage Of
40 feet is predicted.
The homeless families are being moved
to vacant houses with the assistance of
fire and police departments. The cellars
and first floors of a number of store
houses and business houses along the
river front have been flooded.
The weather bureau predicts that the
water will go over the "cutotf' east of
the city, in which event an area of sew
eral square miles will be flooded and
about four hundred families rendered
homeless.
Railroad service throughout the state
is impeded, not suspended.
Dispatches from many points in the
state tell of damage in homes and other
property.
The Neshoba Democrat., 1913-01-16
MADER0 MUST STEP DOWN
He Will Not Serve After Wilson Is
Named, Says Arkansan.

Fort Smith, Ark.-President Madero
OF Mexico will not serve after Gov. Will
son is inaugurated as president of the
United States, according to DR.. G. S.
Bungari, who returned from a six weeks
business trip to the former country.
Americans in Mexico, he says, generally
understand that Madero's reign of power
is rapidly waning. Frightful scenes of
desoation, ruin and famine are reported
by DR.. Bungari.
The rebels are destroying everything
they can lay their hands on, he SAYS.
Their destruction will ultimately cut off
their own food supply. He believes the
rebels have destroyed much American
property and are now threatening to
confiscate belongings Of European sub
jects.
The Neshoba Democrat., 1913-01-16
Wireless Men Sentenced.

New York.-The three men found
guilty OF $1,ooo,ooo wireless telephone
and telegraph stock swindle were sem
fenced the federal penitentiary at At
lanta. Cameron Spear, the promoter,
must serve five years and pay 5000
fine; A. Frederick Collins, the inventor
three years and fine of $4,000, and
Charles L. Vaughan, tive years. The
defendants were convicted of using the
mails to defraud in selling stock of the
Collins Wireless Telephone Company and
the Continental Wireless Telephone and
Telegraph Company.
The Neshoba Democrat., 1913-01-16
CUMMINGS WERE LARGE
To January /, 12,s1s,ooo Bales Had
Been Ginned.

Washington.-The eighth cotton GIN
ming report of the census bureau for the
season, issued at 10 o'clock Thursday,
announced that 1s,919,257 bales of cot
ton, counting round as half bales, of
the growth of 1912, had been ginned
prior to Wednesday, January l, to which
date during the past seven years the
ginning averaged 92s per cent of the
entire crop. Last year to January
there had been ginned 14,317, ,oo2 bales,
or 92.1 per cent of the entire crop; in
'9os to that date, 12,4O5,29s bales, or
95.3 per cent, and in 1906 to that date,
11,741 ,o39 bales, or 9o.4 per cent.
The Neshoba Democrat., 1913-01-16
Garment Workers Riot.

Now York.-The appearance of a sol.
itary strikebreaker in front of down.
town clothing factory was the signal
Tor one OF the most desperate riots tho
police have had to contend with since the
garment workers began their strike
STRIKERS attacked the man, a policeman
went to his aid and in few minutes
moro thousand men and women were
hghting to tear the otrikebreaker from
MS protector. A dozen began to make
arrests, but most of their prisoners were
wrenched away almost as soon as thew
were seized.
The Neshoba Democrat., 1913-01-16
Will Fortify Guantanamo.

"ashington.-Secretary Meyer of tho
navy department told the house com.
mittee on naval affairs that Guantanamo.
Cuba, was to be fortified to protect the
eastern entrance to the Panama canal
lie said that recent treaty had been
entered into between this country and
Cuba under which Cuba grants the right
to the United States government to pur-
chase the hill land back of the Guam.
tanamo naval station and in these hills
the government proposes to place the
heaviest Notifications possible.
The Neshoba Democrat., 1913-01-16
OKLAHOMA ASKS $11,767,98O
Seeks Compensation for Schools and
Other Purposes.

Washington.-An appropriation of
$11,767,99o, to equalize the grant of
lands to the state of Oklahoma for COM
mon schools and other purposes, is asked
IN bill introduced in the house by Rep
resentative Morgan of Oklahoma. Much
OF the proposed appropriation would be
used to compensate the people of Okla
homa for the loss of the public school
fund, brought about, according to Rep
resentative Morgan, by the refusal of
congress to grant to Oklahoma, when
that territory was admitted as a state,
the land then known as Indian Terri
tory.
An appropriation of $5,OOO,ooo was
made to the state in lieu of granting
the land.
The Neshoba Democrat., 1913-01-16

1t II astonishing how prosperous we
should be If there were no waste and
losses. We are now told that cattle
ticks cost the country s1O0,oOO,oOO a
year. If we remember Alright, the de-
partment Of agriculture has told us
that rats cost us as much as that. and
several other varieties of vermin and
Injurious insects rob us Of as much or
larger sums. The underwriters tell US
that nearly all the $24o,OOo.OOO a year
we lose in confagrations is prevent.
able. and the doctors tell US that the
greater part Of the sickness, which is
q tremendous drain on individual and
national resources, is preventable
Some time we may stop these leaks.
The Neshoba Democrat., 1913-01-16
5000, 900 Mailed Parcels

Washington.-Nearly two million par
Gel post packages were sent through the
postoffice OF the so leading cities of the
country during the first week of the
operation of the new service. As these
cities handle about one-half of the postal
business of the country, postal officials
estimate that between three and four
million parcel post packages were mailed
from January to the 7th.
New York City led with a record of
44s,ooo, Chicago followed with 43s 900
and Boston was third with $4,000.
The Neshoba Democrat., 1913-01-16
Translated What Boiling Pot Said

New York.--Favorable reports of a
midnight reading of the whims of fate
In boiling pot of herbs brought from
witch's cavern on an island in the
West Indies induced Mrs. Isabelle "
Adams, widow Of AL Adams, "policy
King" to sign a note for 100000 in fa.
vor OF Mrs. Marguerite Gilbert, a profess
snnal medium, according to testimony in
a trial OF unusual interest in the s,,-
preme court. Mrs. Gilbert recognized
in her own mystic world as "Mme De
bran," is seeking to recover the amount
OF the note from Mrs. Adams.
The Neshoba Democrat., 1913-01-16
Army Bill Reported.

Notwithstanding 500, $50 ,177, an
Increase of sa,eoo,ooo over the amount
appropriated last year, the army appro-
prlation bill was reported to the house
BY Representative Hay of Virginia,
chairman of the committee on military
afiair'. one-half of the appropriation
this year will be ,ued exclusively for
pay OF the army. Fifty per cent in
crease in the salaries of army aviators
~ provided. For the use Of the aviation
corps s15o,ooo is appropriated, this sum
being considerably less than tho amount
asked for.
The Neshoba Democrat., 1913-01-16
$500 HOMELESS.
School Houses and Churches Thrown
Open to Refugees.

Cincinnati.-ln the lower parts of the
city and in Dayton, Newport and Gov
ington, suburbs across the river in Ken
lucky, $500 persons have been made
temporarily homeless by the invading
waters. In the Kentucky towns school
houses and churches have been thrown
open and are filled with refugees.
Cincinnati commission merchants and
warehouse owners whose places of busi-
ness are along the river front, have suf-
fered heavy loss. In some buildings fac
ing the wharves The water is up to the
second story.
Steamboat traffic on the river has been
practically abandoned.
The Neshoba Democrat., 1913-01-16
WOULD AMEND TRUST LAW
Senator Owen Would Give the States
Power to Enforce It.

Washington.-An amendment of the
Sherman antitrust law, giving the diff
terent states the power to enforce it,
was proposed by Senator Owen of Okla
homa.
The states are helpless to look after
their own welfare in matters affecting
interstate and Translate traffic because
the statute restricts relief to the attor-
ney general of the United States, said
Senator Owen, explaining his proposal to
the senate.
The Neshoba Democrat., 1913-01-16
Army Officer Mustn't Umpil

1t is found in the army that i
not do to let officers act as un
in ball games and orders have
issued to forbid it. 1t seems tbs
players take advantage Of the
American baseball players righ
abuse the umpire, and it is found
it destroys the army discipline
the umpire is an officer, to hav
Yates call him such names as n
"bone-head," etc.
The Neshoba Democrat., 1913-01-16
Suffer From Plaque of Rats q

A pied piper Of Hamerlin" is ck
ed at Santa Paula, Cal Thousan,n
rats, and all big wood rats, hsndi
vaded the place, and the situats /,
such that women are afraid to adl
church. The rats seem to hsue
preference for churches and on seos
occasions have forced the feuSl
attendance at services to take trt.
high benches. The city authQ 4
are seeking means to abate the ri
The ratse are believed to have III
driven out Of the woods by recently,
in the forests. rw,
The Neshoba Democrat., 1913-01-16
DREADED TO EAT.
A Quaker Couples Experient

How many persons dread to
their meals, although actually hV'
nearly all the time!
Nature never intended this 3d.
be SO, for we are given a thing q,
appetite that should guide us 3
what the system needs at any
and can digest.
But we get in a hurry, swallow.
food very much as we shovel coal,
the furnace, and our sense of app,
becomes unnatural and pervet.
Then we eat the wrong kind Of,
or eat too much, and there you 4
indigestion and it's accompanying
cries.
A Phila. lady said:
MY husband and I have been
and nervous for Is or 20 years
drinking coffee-feverish, indiges;;
totally unfit, a good part of the
for work or pleasure. We aetl
dreaded to eat our meals. (T9
just as injurious, because it con1
caffeine, the same drug found 10
fee.)
I'VE tried doctors and patent =
cines that counted up into hume
of dollars, with little if any beneI
Accidentally, a small packag
Postum came into my hands. II
ssme according to directions,
surprising results. We beth lfN
and have not used any coffee SIM
THE dull feeling after meals
left US and we feel better every
We are SO we'll satisfied with PoS
that we recommend 1t to our Try
who have been made sick and nen
and miserable by coffee" Name
on upon request. Read the little
The Road to Wellville," in pkg
Postum now comes in concent1
powder form, called Instant PoI
1t is prepared by stirring a leve,|
spoonful in cup of hot water, aa]
sugar to taste, and enough crea'
bring the color to golden brow.
Instant Postum Is convep1
there's no waste; and the flsN
always uniform. Sold by grow
60-cup tin 80 cts, 100-cup tin ~
A Soup trial tin mailed for gv)
name and 2-cent stamp for psj
Postum Cereal Co., Ltd. Battle
Mich. Adv.
The Neshoba Democrat., 1913-01-16
WOMEN ESCAPE FROM JAIL
Let Themselves Down Wall During
Binding Snowstorm.

Ogden, Utah.-Swinging on a rope
made OF braided strips of blankets, two
women prisoners, during a binding
snowstorm, let themselves down from 4
high second-story window of the CITY
Jail and escaped.
Mrs. Mary McGill, convicted of aiding
her huaband in robbing man, and Mabel
Wilson, sentenced for vagraney, are the
women. McGill broke Jail in similar
manner. He telephoned from Salt Lake
City and asked what it would cost to
get his wife out of iail
The Neshoba Democrat., 1913-01-16
There ia one district IN Chin. whit.

There is one district in China which
u going to reform the opium scandal
Of the nation without any sentimental
nonsense. Opium fends under forty
are to be executed and those over that
age will be imprisoned for life. which
10 rather reversing the Oslerian meth.
Cd. So the habit IL bound to be cured
without tiresome educational pro
oosses.
The Neshoba Democrat., 1913-01-16
Suffragetes Ask Fine,

New York.-Maud Malone, militant
suffragist, who had the distinction of
having been arrested and convicted for
disturbing meeting at which Woodrow
Wilson was Speaking asked that she be
fined in order that she might appeal
her case. Her request was granted.
The Neshoba Democrat., 1913-01-16
Collecting Antiquities.

Slopay received a card on
was engraved: Professor
Antiquarian"
He knew no such person, so biz
osity led him to receive him.
What is your business. profes
he asked politely.
Il am a collector of antiquities
swered the old man.
so imagined. And how
serve you?"
by paying a deposit on this
bill you have owed for more
three years
The Neshoba Democrat., 1913-01-16
Groom n, Bride II.

Paragould, Ark.-W. D. Toler aged
n, OF Goreville, Ill.,, and Mrs. Elizabeth
Bright, aged II, were united in marriage
in this city. The contracting parties
had known each other from early child
hood, the bride being cousin of a for.
mer wife of Mr.. Toler.
The Neshoba Democrat., 1913-01-16
Following Orders.

Doctor (to Mrs. j., whose hu,
is very ilD-Ilas he had any
intervals?
Mrs. J.-'E's 'ad nothink q
what you ordered, doctor.-L
colts.
The Neshoba Democrat., 1913-01-16
Greek Losses Heavy.

Saloniki, Turkey.-Losses of the Greek
troops fighting against the Turks in the
vicinity of Janina have been very heavy.
To date they have lost no fewer than
1000 killed and wounded.
The Neshoba Democrat., 1913-01-16

A California girl has given up a mil.
linery business worth $25, 900 year to
90 on the stage as q chorus girl at
125 week, says theatrical ex-
change. Perhaps she figures that with
that income and the stage, a title u
assured her.
The Neshoba Democrat., 1913-01-16

Among the victims of the de luxe
book statesmen was a blind woman.
One has long suspected that many
purchasers OF de luxe books make nd
more Intelligent use Of them than the
tlind would.
The Neshoba Democrat., 1913-01-16
SLAY WOMEN AND CHILDREN

MussulmanS Plllage and Burn 100 Houses
in Keramissea.
Athens, observation-disclosures massa.
cred 30 women and children and pillaged
and burned 1870 houses in Keramissea
in the Turkish province of Epirus, a
short distance from the Greek frontier.
The victims were driven out of their
flaming homes and took refuge in a
cavern. They were pursued by the Mus.
sulmans, who first tortured and then
slaughtered them.
The Neshoba Democrat., 1913-01-16

As summer tonic there is no mI
that quite compares with OXIDINE
only builds up the system. but tail
ularly, prevents Malaria. Regular or
less formula at Druggists. Adv.
The Neshoba Democrat., 1913-01-16

If you want man to deliye.
goods, employ one who doesn't