davidaulloa/AmericanStories huggingface dataset:
The Monte Vista journal., 1913-07-26

50 many sneers at the expense of
ignorant foreigners" and he has
gwen ear to 80 much clap trap
about cheap foreign labor" that
at times he has felt that the unfor-
tunates who lived on the other side
OF the big mill pond known as the
Atlantic ocean were both enslaved
and benighted. He believed the
world could teach him little. But
many recent events have served to
sadly disturb our uncle's compla-
cency, and the truth is dawning
upon him that while America
taught the world the principles of
democracy, the world has far out
stripped its mentor in the practical
application of those principles; {;
that while we have been indulging
in much vain boasting concerning
the institutions founded by our
fathers these older countries have
been boldly and insistentIy seek
ing the path to industrial freedom.
AIDING THE FARMER.
All of which brings us to con-
sideration of the activities of the
commission named by the Presi-
dent to visit European countries
for the purpose of studying agri-
cultural cooperation and rural
credits. You remember that some
twenty years ago we wasted good
deal of cheap wit on the Populists'
scheme to have the government
lend money to the farmer on his
crops and his land at reasonable
rate of interest. 1t was denounced
as chimerlcal, or something like
that, and the farmer continued to
pay the banker from s to II per
cent for the little accommodation
he required. Since then the coun-
try has adopted practically all the
other planks in the Populist plat
Wilson, Roosevelt and Bryan
have led the movement-and now
we find that the European coun-
tries have seized on this Populist
scheme for rural credits. And
wonder of wonders-kaiser Will
helms country has developed the
idea more successfully than any
other nation | have before me
letter from one of the most distin-
guished members of the Presi-
dents commission, David Lubin.
He has been studying the land
banks of Europe and he says they
have proven of "incalculable bene-
fit to the farmers of Europe, and
could be made of equal benefit to
the farmers of the United States if
properly safeguarded by the state
and national governments
Lubin lays great emphasis on
that last proviso. European land
banks have been successful solely
because the government has rig
idly supervised them and kept
them out of the hands of exploit
ing spectators.
PRUsSIAs PLAN.
Lubin is convinced that the most
adaptable plan and the one which
would permit of the widest appli-
cation in the United States is the
landschaften system of Prussia.
The plan of the landschaft is very
simple. A landschaft is a land
bank, and the laws Of Prussia pro-
vide that these banks may be or
ganized under government super
vision. They have limited and
well-defned functions. They may
accept mortgages on land and issue
bonds for the face value of the se-
curities. The bonds are then sold
by the borrower on the open mar
The Monte Vista journal., 1913-07-26
At The National Capitol
Che extraordinary Session
EDWARD
kEATlNC
Congressman from
Colorado

names the president of the institu-
ton. He is an expert and holds
office for life or during good beha-
vior. The organizers select the
other members Of the board of di-
rectors, who by virtue of their
offices become quasi public officials,
Now the bank is ready to do bust
ness. Adolph Schneider appears
seeking a loan on his land. The
directors appraise his holdings and
agree to accept a mortgage per
haps 80 per cent of the appraised
valuation. Schneider agrees, the
mortgage is executed and Schneider
receives bond for the amount of
The Monte Vista journal., 1913-07-26

his mortgage signed by the direc-
tors of the landschaft He sells
this bond on the public market
and pockets the proceeds.
Schneider is charged small fee
to meet the expenses of the land
sohaft, and he is expected to meet
the interest charges on the bond.
Should he default, the landschaft
is authorized to take possession Of
his farm and sell it to the highest
bidder. No court proceedings are
required. The decision Of the di-
rectors of the landschaft is final
and there is no appeal. When
Schneider's land is sold the bond
is redeemed with the proceeds and
the balance, if any, is returned to
Adolph.
LOW RATE OF INTEREST.
The interest on the bond ranges
from 3 to per cent. There is an
unlimited market for them. In
fact they command higher price
than the government bonds, which
draw the same rate of interest.
The 4 per cents always command
par and sometimes slight pre-
MUM. They are in particular de-
mand as investments for trust
funds and for bequests left to
widows and orphans.
1t can readily be seen that con-
tidence is the very cornerstone of
such a system. The Prussian and
German governments maintain so
rigid supervision of these land
banks that investors never ques-
ton the value of the bonds They
know the security is ample and
that the bonds will be redeemed
on maturity.
BENEFIT TO COMMUNITY.
When the farmers of Prussia
wish to establish cannery,
Touring mill or beet sugar fac
tory they do not have to wait, cap
in hand, in the ante-room of some
bankers Office. They can, through
the landschaft, become their own
bankers and their own promoters.
Such money as they need for le-
gitimate enterprise may be secured
for not to exceed 4 per cent, and
they pledge as security their farms,
the best security known to man.
This same thing, or something
very like it, can be established
right here at home. Why shouldn't
the farmers of the Arkansas valley
own the beet sugar factories?
Why should the milling trust con-
troll all the elevators and Touring
mills and fix the price paid for the
farmers wheat? Why should John
Smith, farmer, Monte Vista, pay 8
TO IL per cent on the mortage on
his farm when Adolph Schneider,
farmer, of Prussia, pays only four?
Is it because John Smith is less
intelligent than Adolph Schneider
Can't an American do what a Prus-
sian has done for years?
Isn't it about time for our Uncle
Sam to put aside his pride and his
ignorance and his self-complacency
and seriously consider these thingsY
WILL REPORT IN DECEMBER.
The Presidents commission is
still in Europe. 1t will probably
make formal report to Congress
at the regular session in Decem-
Der. AS the commission is made
up Of distinguished men of wide
experience and keen intelligence,
lis finding should have far-reach-
ing influence on Legislation.
OF course, the commission will
not confine its inquiry to Europe's
Montpelier examiner. [volume] (Montpelier, Idaho) 1895-1937, 1913-04-04
BEGIN WORK OF
REBUILDING OMAHA
WRECKED HOMES TO BE RE.
STORED As FAST As woRkMEN
CAN BE SECURED.
Restoration Committee to Provide
Funds for Those who Were Bank
rupted by Destructive Tornado and
Would Otherwise be Homeless.

Omaha, sNeb.-The work of rebuild
ing that portion of the city wrecked
by the tornado OF March 23 has begun
in earnest, and every available work
man has been pressed into service.
One hundred and twenty-five dead
have been identified in this city,
while Council Bluffs and other ad
jacent cities report forty-five, making
a total of ITO lives lost as result OF
the destructive storm.
At least 1000 people suffered Sc
we're financial loss, many being made
homeless. and at least 260 lost every
, thing they possessed and are abso
lutely destitute.
The city of Omaha was one of the
heaviest losers, while the losses OF
many of the Weather citizens was
enormous The total monetary loss
will be between ten and twelve mil.
lion dollars.
Nearly a thousand carpenters went
to work Friday repairing the buildings
only partly wrecked by the storm, and
1000 laborers began clearing. away the
debris Of demolished structures. Hun
dreds of roofs were being restored
and the work Of replacing many homes
to the foundations from which they
had been twisted was begun.
That the destroyed portion of the
city will be rebuilt better than ever
was the general impression, and the
alacrity with which the task was be-
gun bears out that belief.
Members of the various building
trades unions held meeting Friday and
1t was decided that any attempt to
raise the price Of labor at this time
would not be countenanced. The reg
ular scales of wages in vogue among
these unions were made public, with
the statement that any attempt at ex-
tortion would be frowned upon by the
unions.
Large corporations have begun to
open their purses freely The Inter
national Harvester company sent a
check for $1,000, with the statement
that it would be glad to help Ne.
brsaka farmers in the storm-ravaged
districts. The Union Pacific, North
western and Rock Island railroads
have sent $4,000 each to the commit
tee, and the large packing house in.
terests have made liberal donations
The fund, including appropriations
by the state and city, has reached
$3.50, 600.
An army of builders continue their
work and hundreds of new and par
tally new roofs and other indications
of reconstruction have begun to APP
pear
The appearance of crooks from all
parts Of the country is being met by
the police and soldiery in no uncer-
tain manner. Stricter lines are being
drawn and soldiers now do patrol
duty with loaded rifles and six-shoot-
Montpelier examiner. [volume] (Montpelier, Idaho) 1895-1937, 1913-04-04
MORGAN MEETS
DEATH IN ROME
CONTROLLER OF BILLIONS AND
KING OF FlNANclERs ANSWERS
SUMMONS or GRIM REAPER.
Organizer Of Big Business and Practic
ally Director Of the Financial World,
Began His Career as Rich Man
and Added to His Wealth.

Rome.-John Pierpont Morgan, the
American f1nancier, died here Monday,
March 81, few minutes after noon.
For months his health had been de-
clining, but the symptoms became
greatly aggravated about week ago,
and since March 26 he had been in a
semicomatose condition.
The official statement, prepared by
the attending physicians, indicated
that a gradual general collapse fol
lowed a condition Of nervous prostr&
ton which prevented the digestive or
gans from performing their functions
and affected the mental faculties.
Mr.. Morgan's daughter, Mrs. Herbert
L. Satterlee, VINO has been in con-
slant attendance, was at the death
bed.
All the Rome newspapers publish
tributes to Mr.. Morgan, expressing
the deep sense of loss felt by the Ital-
ian people. 1t has been suggested that
Mr.. Morgan's body SHOULD be taken to
the United States on board warship.
]. Pierpont Morgan was born April
IT, 1887, in brick cottage in Hart
ford, Conn. Mr.. Morgan came from
an old Puritan New England family,
which dates back in this country to
Montpelier examiner. [volume] (Montpelier, Idaho) 1895-1937, 1913-04-04
FORTY THOUSAND HOMELESS
DEPENDENT ON RELIEF FUND
Many Residents Of Flooded District
Lost All When Their Household
Goods Were swept Away.

columbus, Ohio.-With previous re
ports being minimized substantially
while the work of cleaning up the de
bris has been begun in earnest, the
Ohio food situation took on a more
cheerful aspect on Sunday as viewed
by Governor Cox and other state of
ficials. In many sections OF the state
visited by high waters, reconstruc.
ton already has commenced
Governor Cox stated that the situa
ton in this state is we'll in hand.
Forty thousand persons must be
fed, clothed and housed for a week
more
Twenty thousand persons must be
cared for indefinitely These are per,
sons who lost all when their house,
hold goods were swept away. They
must be provided with few neces
sary household articles, such as bed.
ding. pots and pans, stoves and few
dollars. A half million dollars could
be used in this way by the relief com.
mittee.
Fifteen thousand houses and bust.
ness buildings must be rehabilitated.
Two thousand houses and other
structures, or what remains OF them,
must be pulled down
Thousands of tons of debris must
be removed
Montpelier examiner. [volume] (Montpelier, Idaho) 1895-1937, 1913-04-04
FREAKS OF OMAHA TORNADO
Unusual Happenings for Which There
Seems to be No Explanation.

Omaha Neb The freaks of the big
tornado which wrecked a portion of
this city were varied "A ive-passen-
ger auto, being driven along a street,
was lifted fifteen feet into the air and
landed right side up. The passengers
saw an injured man in front of them
and took him to hospital. The only
damage to the car was bent axles.
Lighting and telephone wires were
blown fat. Several persons walked
through the tangle after the tornado.
They met pet dog. The dog went
ahead and touched a hidden live
wire He died. The pedestrians
halted and retraced their steps
In row of homes on Thirty-eighth
street, one had its front porch cut
off as by knife and waited across
the street. Otherwise the building
was uninjured.
In house in the lower part of
town, the building was blown off its
foundation with al its equipment and
furnishings except one piano, which
remained where. the front parlor
should have been.
One house, knocked fiat, had its
steam radiators and all it's bedding
blown across the street. The house,
demolished, remained on it's original
site
A printers employee went home
after seeing show, and commenced
to read magazine He noticed some
thing uncanny in the air and took his
wife and children to the cellar. He
called to his mother and two sisters,
but they did not get below. The wind
took the greater part of the house.
The two sisters were uninjured, but
the mother was caught under a mass
of brick. By good fortune she escap
ed serious injury and will probably
recover.
At Fortieth and Farnum streets, the
tornado took a corner off an auto
garage, clipped the gables off a resi-
dence opposite, and then capsized a
frame house just beyond.
A three-story house, the lower floor
being of brick, was caught by the
wind which blew away the bricks
after which the two upper stories
settled down on the foundation as If
they belonged there
Corners and portions of buildings
were torn away repeatedly by the
freaky storm. In several instances,
single walls were torn away, leaving
the buildings otherwise intact, except
for broken windows and chimneys.
Montpelier examiner. [volume] (Montpelier, Idaho) 1895-1937, 1913-04-04
DEATH TOLL LESS
THAN FIVE HUNDRED
INVESTIGATION SHOWS LOSS OF
LIFE IN RECENT FLOODS NOT
LAS GREAT AS EXPECTED.
.lt is Now Estimated That 424 Lives
Were Lost in Ohio, While in In
diana There Were 90 Victims In
the Submerged District.

Dayton Observation-Disclosures tends
; to confirm the estimates of fewer than
500 deaths in the floods that swept
over a score Of cities in Ohio and
Indiana last week.
As the waters receded from Dayton
Columbus and other places leaving q
thick coating OF mud, alarm was
caused by 2 rapid rise Of the Ohio and
the Mississippi rivers, ilundating
parts of cities along their banks
There. is not much danger of loss 81
life in these places. however, as the
Inhabitants have hills to fee to and
are used to floods.
Revised reports indicate that the
number of drowned in Dayton may net
exceed $50, although there are those
who say the number will be much
greater.
The death list of Piqua o.. fell of
from the estimate of fifty to thirteen
known dead.
The latest estimates show the fol
lowing deaths in the submerged dis.
tricts:
Ohio.-Dayton, $50; Columbus, SO;
Hamilton. so; Miamisburg, so; Tiffin
as; Chillicothe, 10; Middletown, IA;
Fremont. IA; Piqua, 10; Harrison, ~
Troy, 8; Valley Junction, 6; GAINESVILLE
g; Massillon. S; CleVes, 2; New Beth
1ehem, 2. Total 424.
Indiana.-Peru, 20: Brookvllle, 10;
Fort Wayne, s. Terre Haute, A. Tota'
Indiana, 46; grand total, 40.
Montpelier examiner. [volume] (Montpelier, Idaho) 1895-1937, 1913-04-04
AusTalANs LOSING PATIENCE
Smaller Balkan states Anger Powers
by Persistence In Continuing
Attack on scutarl.

London.-The stubbornness of Mon
tenegro in continuing the lombard
ment of Scutari contrary to the
wishes of the powers, and the dilatori.
ness of Servia in Withdrawing her
troops beyond the frontier Of the flu.
ture Albania. II not overcome by
more peaceful measures will lead to
a demonstration and blockade of the
Montenegrin coast and the ports of
Albania occupied by Servia.
Austria-Hungary is losing patience
with her little neighbers and is urg-
ing the powers to take action to en-
force their demands.
Seryia has expressed her intention
of complying with the powers de-
mands to evacuate Albania, but has
made no movement In that direction.
Austria insists upon the immediate
removal of the Servians from the
country.
Montpelier examiner. [volume] (Montpelier, Idaho) 1895-1937, 1913-04-04
OHIOANS GOING
BACK TO HOMES
WITH REcEDINe OF WATERS AT
DAYTON THE WORK OF RE-
FACILITATING HAS BEGUN.
Greatest Danger Now ls From Impure
Water and Sickness Which May
Follow Narrowing Week OF
Flood and Famine.

Dayton. Ohio.-The work of rehabil-
ltating has begun here. 1t is believed
that there is no danger Of the terrible
floods of last week being repeated.
The greatest cause for worry for the
future Is the lack of pure water for
drinking and culinary purposes, and
the fear of an epidemic of sickness
following the receding of the waters
and the decomposition Of animal mat
ter and refuse
The undertakers of the city now es-
innate the number of dead at $50,
while others place the number as low
as $50.
Daytons period of reconstruction
will run into months, according to
engineers Just returned from the
food districts. Disposition of dead
animals and the disinfecting of thou.
sands of submerged homes is the
most pressing problem.
No attempt at the rebuilding Of the
sewerage system will be made for sew
eral days. Until this is accomplished
the menace of disease will not be en-
tirely lost sight Of.
Great distress among the survivors
was caused by the separation of fam
lilies and the consequent dread that
the missing had been drowned.
Since the rescue work began, nearly
100 children OF. the flood have been
born. The authorities have opened a
maternity hospital where the new
mothers with their babies are being
cared for.
None of the public buildings were
destroyed. Among these are the Day
ton club, Victoria. National and Colo
NAL theatres, city hall, courthouse,
Beckel, Phillips, Algonquin and Atlas
hotels, Masonic temple, postofficeS Y.
NJ C. A. and all churches.
The fire loss is positively limited to
the destruction of the Dayton Gas,
Light & Coke company's plant, the
row of two and three-story buildings
on both sides of Third street from
Jefferson street to ST. Clair avenue,
the Troy-Pearl laundry plant and two
apartment houses on the west side.
The Fourth National bank building,
which was reported several times to
have been destroyed by fire was un-
touched by the flames, although a
building Immediately adjoining it was
burned
The newspaper offices, the News.
Herald and Journal buildings, are safe.
but are not issuing papers.
Money is of no use in Dayton at
present, Every facility is free to
everyone without cost.
Refugees not living in Dayton are
leaving the city by the hundreds on
foot.
The city is without means of gem
eral transportation; there is not an
electric light in the place except those
of the National Cash Register COM
pany. There is no adequate water
supply, the sewer system is ruined.
the available fuel supply is limited
md the supply of natural gas used for
cooking has been shut off since Tues
lay
Montpelier examiner. [volume] (Montpelier, Idaho) 1895-1937, 1913-04-04
MExIcANs ENTER pRorgsT.

United States Requested TO Exercise
Greater Vigilance to Prevent Snug
Cling Of Arms and Ammunition.
Mexico City.-fThe Mexican govern.
ment has made formal protest to the
American government against the ship.
ping OF arms and ammunition from
the United States to the rebels and
has requested that greater viligance
he exercised in guarding the frontier.
Mexican officials understand thai
numerous consignments of war ma.
terial, including many machine guns,
have been sent across the border. in
some cases even at the regular ports
o. entry, and now are in the hands Of
the rebels.
It is pointed out by the same Off.
cials, that since the rebels control a
large part of the frontier, this coun-
try is dependent absolutely for the
time being on the United States TO
prevent the rebels from obtaining sup
plies. That the rebels are securing
quantities of ammunition appears TO
be a fact
Montpelier examiner. [volume] (Montpelier, Idaho) 1895-1937, 1913-04-04
Roosevelt FoR sUFFRAeg.
Urges Prosresslves In Wisconsin to
Support Amendment.

Madison, Wis.--In response to q
telegram sent by Richard Lloyd Jones
asking that he wire Governor Mccoy
ern his position on woman suffrage
Theodore Roosevelt on Saturday tele
graphed the governor as follows.
Il earnestly hope that all Progress
lives in the Wisconsin legislature will
support the suffrage amendment. We
in America should lead the way in
This movement. We do not have to
point to what has. been done abroad.
The Pacific coast and Rocky Noun
lain states have tried the experiment,
and 1t has worked admirably.
There is no difference between the
work of the best women and the best
men, and it seems to me sheer non
sense when both are doing the highest
kind of work for good citizenship.
that the artificial line of sex should
be drawn, as regards one form and
only one form of that work, the exer-
Else of the right OF suffrage"
Montpelier examiner. [volume] (Montpelier, Idaho) 1895-1937, 1913-04-04

1886. He was born in wealth. His
father, Junlus Spencer, left him $40,
100000 and he inherited important
banking connections.
Mr. Morgan started his business ca
reer on the board of directors of
large maritime insurance company
the president Of which declared that
Morgan would never be a business
man. John Pierpont at the time was
laying plans for his first railroad con.
struction which, when accomplished
established his standing in Wall street
as the only man who ever got the bet,
ter of Jay Gould
The sobriquet of Sphinx of Wal
street" later was the appeIlation an
piled to the man who at first was
believed to have been without bust
ness acumen, but later became the
supreme head of American finances
Morgaps control over men and
money was the dominant keynote OF
his life. Others, perhaps, were
Weather than Morgan, but he com
manded his wealth and that of Others
At the height of his power he is sale
to nave controlled $9,0O0,O0O, 900.
Nothing is known as yet as to how
Mr.. Morgan in his will disposed of his
vast estate. J. p Morgan, Jr., haa
been his fathers understudy for years
and is classed high in financial ability
The extent of Mr.. Morgan's philan
thropic gifts probably never viii be
known, Probably his greatest gifi
was $4,500000 toward the building OF
me Cathedral of st. John the Divine
In New York City.
AS a patron of art Mr.. Morgan was
as famous as in the world of finance
His expenditures for objects of yertu
We're boundless. The price nearly al
ways was a secondary consideration tc
possessing an art treasure. His col
lection in the Metropolitan Museum Of
Art mas been estimated by connois
seurs to be worth s50,0OO,OO