davidaulloa/AmericanStories huggingface dataset:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-01-09
Condemns Evil Practice.

Mr.. Murray condemned without reser-
walton the practice, which ne said was a
growing evil. OF directors or officers or
natioapl banks accepting personal COM
pcnsatlon' from borrowers to whom the
funds Of the bank arc loaned. He said
that legislation should be passed provid-
ing for criminal prosecution of the
practice. He favored provision OF law
which would prevent the stockholders Of
banks transferring their stock on the
verge OF collapse OF their banks, and he
also ndorscd a scheme TO force banks
To make public the list OF securities held
as assets BY national banks.
Questioned by Ny, untermyer, Mr.. Mur-
ray outlined the method OF the cxam!na-
ton o. national banks by his office and
asserted that under the present system
the inspection was ineffective"
"It is merely superficial cSamina ton,
is. Ii not?'' asked Mr.. Untcrmyer.
"Yes, that Is about ALL" replied the
comptroller.
The comptroller said that there are
about l0j bank examiners TO supcrlntend
the affairs OF 1900 banks.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-01-09
PREDICTS BIG FIGHT
FOR CONSERVATION
Clifford Pinchot Delivers Ad-
dress at Annual Meeting Of
Forestry Association.

WASHINGTON. Jan. S.-"One Of the
vation is just ahead" declared Clifford
Pinchot. in an address at the annual
meeting here today OF the American For
estry association. He attacked d move
ment which he said was on foot to wipe
out the old dividing line between state
and national action IN conserving nat
ural resources and to turn the natural
forests over to the states
Behind the stalking horse OF state
rights" said Mr.. Pinchot. there is pro-
pairing a most dangerous attack on the
whole policy Of conservation. 1t is an
arc lighting side by side with men
whose principles live In their pockets.
and for that reason II Is doubly TO be
feared,
From the beginning 1t was upon the
forest service that the burden OF de-
lay" said Mr.. Pinchot in conclusion. 1T
IS on the firing line now. It's defeat
would mean the defeat Of the whole pol
Icy OF conservation
nounced the fact that one OF the large
western water power companies had after
long negotiations with the department OF
the interior, accepted government super
vision OF the rates charged the public
for service.
Officers Of the American Forestry as
soclation were elected as follows:
Henry S, Drinker, president, Lehish
university; vice presidents John s. Neal.
chairman Oregon conservation commits
sion. Joshua A. Bailey. Pepnsylvania
Frederick l. Delano, president Wabash
Railroad company; DR., Charles W. Eliot.
president emeritus Harvard university;
DR.. B. z. Fernow. dean Forestry uDiver-
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-01-09
UTAH DEMOCRATS
CELEBRATE VICTORY
Continued from Page One.)

ing the principles for which their fore
fathers bad fought.
Miss Alice Reynolds of Provo, respond
ing to tho toast 'Why All Women Should
BE Democrats" delivered ono OF the most
eloquent addresses OF the evening. Miss
Reynolds's address was a genuine treat
She told many apt stories OF the prog
sress OF the campaign and particularly
while Horace Greeley. Solomon p, Chase
and James G. Blaine went to their graves
In bitterness because they had not been
elected to the office OF president OF the
United States. the philosophy of Will
liam j. Bryan had permitted him TO be
thrice defeated for this Office and yet
greatest. living Democrat and the great
country had ever known,
On tho programme the toast, why
Following it was the explanation In par,
enthesis. TOO difficult. no response.
Then came the toast. "Why Did Utah
Vote for Tafta fo9Wsd by tRe
However. the toastmaster called upon ].
r. Letcher to respond to the latter toast
Mr.. Letcher declined to do so. but read
a letter from Judge John w; Judd; for
rnerly of Utah, now OF Gallatin, Tenn.
Judge Judd In his letter declared there
could be no meeting Of the, Democrats IN
Utah with which his heart art, and md SOU pIa
said that while writing the letter he was
sitting In a room Of a house built eighty
five wears ago by Col George Elliot who
commanded a regiment in General Cot.
fey's brigade in the famous battle OF
New Orleans. Continuing. Judge Judd
said:
'I am not only in the shadow of the
Hermitage but In the room where I sit
often sat Jackson himself. Do YOU Won
der that my heart is full of Democracy
and that am Inspired by the true spirit?
oh, how ! do wish that l could be with
the Democrats of Utah tonight and min
gle my rejolcines with theirs in this
greatest Of all Victories, the election Of
one of the most accomplished statesmen.
the boldest advocate of true Democracy
OF our times, Woodrow WILSON,
Senator J. w. Funk OF Cache county
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-01-09
PROVO'S CONFIDENCE
MEN "ORIGINAL"

Chief Of Police Wilford Giles OF Provo
was in Salt Lake yesterday. Chief Giles
tells A dry story OF a confidence game
peculiar TO d dry town. The story is Of
boot leggers who don't boot leg. and the
town is Provo
THE situation is one where tho boot
leggers have the drop" said Chief Giles.
They approach their victim and ofIer
to get a bottle OF whisky for couple
Of dollars or go. Visitors who are sur
prised to find the town dry readily en-
brace what looks like a chance to slake
and nothing is ever again seen Of the
boot leggers. The victims keep still in
many instances, because of the nature
OF their attempted purchase. Two visi-
tors TO Provo approached me as I was
waiting for my train to Salt Lake this
morning, however. and related the latest
success Of the confidence men,
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-01-09
His Powers Limited.

He said that It might be better II the
law were changed In this respect, but that
under the law he had power only TO cx-
the question Of ethics or the Jeopardy in
which such transactions might place the
money Of the depositors
lie said further that he thought he
mad tho power to refuse a charter to a
bank IL banks in the same district had
oeen established and failed, or IL some of
the incorporators were men not OF good
character,
Two hundred charters have been re-
fused in his administration. He had not
the reasons for such refusals at hand,
but said he would supply them.
Before MT. Murray took the stand Mr.
Cntermyer read into the record the let
Ter from the president refusing TO order
the controller to get information for. tho
which passed between Mr. Taft, the presi-
dent. the controllers office and the Of
F.ce Of the attorney general.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-01-09
RUMOR THAT REPAIR
SHIP HAS GONE DOWN
No News From the Panther
Which Ran Into Storm on
Her Way to Cuba.
" International News Service.

BY International News Service
WASHINGTON, Jan. S.-The navy de-
partment has no confirmation Of a rumor
sent out from Charleston. S. c.. that the
repair ship Panther has sunk Admiral
Andrews, chief of the bureau OF naviga-
tlon, says that such a report has been
conveyed TO the department. but not Of
flcially.
1T is only a rumor," no said. "and
Is very doubtful because there arc no de-
tails"
All Of the navy department officials to-
night decline To believe that ANYTHING
could have gone wrong with the Panther,
Admiral Vreeland said that II was pos
sible that the Panther had met rough
Wea ther and had to lay TO, but he laughed
at the idea OF disaster.
we expect to hear tonight or before
morning that the Panther has rea ched
Guantanamo" said the admiral
The assistant secretary OF the navy,
Reekman Winthrop also said he did not
give any credence to the rumors. Of a dis
aster.
we would scarcely" he said. make
Inquiries before the vessel Is due in port
Besides. other vessels are going over
the track of the Panther and II any
thing were wrong it would be reported :"
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-01-09
Says Law Inadequate.

Mr.. Murray admitted that the law was
wholly Inadequate In many cases aud
suggested many improvements. although
these suggestions had practically to be
forced upon him.
Fills most important testimony was to
the effect that III New York the ma
tlonal bank examiners work in co-opera-
lion with the state bank examiners and
the examiners OF the clearing house and
exchange information as TO borrowers.
Such an arrangement would give the
powerful bankers controlling the clear
ing house complete insight into the az
fairs OF the national banks and enable
them. ii they chose. TO control credits,
az It was charged that they do by the
congressman who brought about the pres
eut money trust investigation.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-01-09
Speaker Is Chosen

ST. PAUL, Jan. S,-Henry Riues Of
Mora WAS elected speaker Of the house
Of representatives at the opening Of
the Minnesota Legislature. An at
tempt in the senate to relieve Lieuten-
ant Governor Burquist from appoint
ing the usual committees was defeated
in the. senate
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-01-09
Photo by Virgins s

slty OF Toronto; Walter L. Fisher,
tary OF the interior; Representafl'
bury Levere. South Carolina, Har
Graves, chief forestry service; Jo
Clancy. New York; Curtis Guild.
sador to Russia; Everitt c. Griggs,
dent National Lumber Manufactur'
ISOLATION; Governor Hiram w. "
California; Thomas l.. Marshall. j
Clifford Pinchot, Washington. .. c
resentative Oscar ". Un6erwood
bama: DR.. j. II. Rotllrock. secretary
sylvania. state forest reservation
mission: Dr. Filibert Roth. dean
estry, University OF Michigan, a
Robert s. Woodward. president q
institute. Washington. D G
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-01-09
HEAD Of GREAT
NEW YORK BANK
TO TAKE STAND
George F. Baker, Dominant
Power in First National of
New York, to Enlighten
Pujo Committee.
MUCH Is EXPECTED
FROM THE WITNESS
Comptroller L. O. Murray
Declares Method of Bank
Examination Is Illogical
and Unscientific.
Bv International News Service.

By International News Service.
VI rASHINGTON, Jan. S.--George F.
NA} Baker. dominant power IN tho
NV Firs, National bank and many
w other great fnancisl institu-
tIons, and held by many we'll
Informed men 20 be 2 greater power than
}. p. Morgan in the financial world, will
be cxa mined before the Pujo committee
by Samuel Eniermeyer tomorrow. Mr.,
Baker. strong and hale despite his T3
years. was in Washington today but re-
fused 10 talk about his forthcoming tes-
tirnonJ. Mr.. Untermeyer declined 10 say
anything about tho Inc OF Inquiry he
will take. but IL is understood that he
Will get from Mr.. Baker many facts
which he did not get from j. p. Nor
gan. II is expected that the cxamina-
ton OF NJ. Baker will require the en-
t:re day.
Lawrence o Murray. tcstlfying before
The cornnIttee this afternoon. said that
tho present method Of bank e1aI1ina-
ton is 'iloSical and unscicntihc."
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-01-09
Noted Composer Dies,

Los ANGELES, Jan. S.-Richard Wat
son Sea ger musical composer OF note,
died here today, He was So years Of age
Among his compositions the cantata,
Queen Esther" probably was the most
popular.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-01-09
Special Cable. TO The Tribune.

'SPcVIdI DdIIs, 10 nc ITIDUNc.
HAVANA Jan. S.-The repair ship
Panther failed 10 arrive At Grantana mo
today and no other vessel reaching that
port reported having sighted her, All
the ships reported encountering the worst
storm In years. The captains wife on
the steamship Taunton from Antwerp
played the piano all one night and sang
songs to bearten the sailors.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-01-09
Eleven Crushed TO Death.

By International News Service.
ROME, Jan. S.-E.leven eHcavatorI
caught beneath q falling wall toda
crushed 10 dea tn. Four others We
riously injured.
The Daily Missoulian. [volume] (Missoula, Mont.) 1904-1961, 1913-04-06

in the extensive railway construction
connected with the building of the Mil
Waukee line and the reconstruction of
the Northern Pacific, He became in
terested in Missoula and decided to
make his city his home. His pur-
chase of an interest in the First Ma
tional bank followed upon this deci-
sion.
January 1, 1910, Mr.. Lusk was elect
ed president of the bank. He is still
it's chief executive officer. Associated
in the management are: f. C. Elmore,
vice president, and f. A. Newton, cash
Ter. Newell Cough is assistant CASH
Ter. '.-
Perhaps there. is no better way to
tell the story Of the First National
han to print these interesting notes
which The Muscular has been permit
ted to take from the official minute-book
of the meetings of the directors, a rec
ord which extends ave- hack to the
organization of the institution; they
give an intimate glimpse into the life
| story of this splendid institution; they
| contain the names of the men who
have given to the. First National it's
strength and integrity; they tell bet
ter than ornate description could tell,
the development of the banking estab-
lishment:
In 1875 Ferd Kenneth was elected as
a director in place of Hiram Knowles.
Janury, 1877, J. p. Reinhard was
elected vice president.
September %, 1879, Mr.. G. A. Wolf
was employed as bookkeeper and clerk
at a salary of $50 per month.
March list, 1882, the capital was in
creased TO, $4,000 September /, 1882,
it was increased to $100,0 900 and the
new stock was sold to e. l.. Bonner, A.
B. Hammond and r. L.. Eddy.
September 9, 1882, A.. B. Hammond
was elected a director and vice presi-
dent.
January, 1888, j. M. Keith was elected
a director.
February I, 1888, Ferd Kenneth re-
signed as cashier and wa selected
president to succeed G. p. Higgins, and
D.. d, Bogart was elected cashier. In
July, 1883, Ferd kennett resigned as
president and S. r. Hauser was elected
in his place, and d. D. Bogart resigned
as cashier and J. M. Keith was elected
In his place, and October, 1883, e. l..
Bonner and Marcus DAILY were elected
directors.
December, 1883, S. r. Hauscr re-
signed as president and A. G.. England
was elected in his place.
The Daily Missoulian. [volume] (Missoula, Mont.) 1904-1961, 1913-04-06

outward" said Bryan. There is only
one door In, and that one is guarded"
But as "A sphinx Bryan continues
to be the wonder of the administra-
ton, He was genuinely touched the
other day by the plight of the re-
p%ortors. 1t was after The Latin
American statement was issued
one of h most cryptic ntterances
h a ever came from the White
House, A correspondent told Bryan
that unless officially enlightened by
nm, the reporters would proceed
to do their own reading between the
lines.
You may read between the lines.
or above them or under them said
Bryan. You are at liberty to do as
YOU choose" Then, thinking to
temper his attitude. he added: YOU
are the most unfortunate set oil
newspaper men in Washington to be
assigned to this office. | never knew
a time in my life when | felt more
retiCent.'
The Daily Missoulian. [volume] (Missoula, Mont.) 1904-1961, 1913-04-06

secondary meaning was that dollar
diplomacy win be withdrawn from
Central and South America. Escort
for tho warning coming first. the
announcement OF the reversal Of the
dollar diplomacy" policy could YEA
Sonably have been cNorct"d to lie
followed by revolutions III Latin
America.
The fact is, Bryan is showing all
the signs of becoming an eminent
secretary of state, one Of the great
est this country has ever had. Even
So meticuIous a critic as the precise
Senator Henry Cabot Lodge, "a deep
student of foreign affairs, after OBJ
serving Bryan's methods for two
weeks, has predicted as much; and
Lodge has disapproVcd Of every Soc
rotary of state since John Hay.
Broadcned by travel, Mr.. Bryan
has peculiarly fitted himself for his
present position by personal study
of foreign affairs. He is an en-
thusiastic trade eXpnnsioniSt along
democratic lines, and the recent
promise in the Chinese pronlncia-
mento of legislation giving our ex-
portcrs adequate banking facilities
abroad is probably the beginning oi
our most far sighted foreign policy
of modern times.
Contrary to expectations, the poll
ticians and office seekers bother
Bryan, who grudges the time taken
from his regular work. There are
several doors to Bryan's private of
flee, and the other day an office
hunter asked which one would take
him out.
"All Of the doors to this office lead
The Daily Missoulian. [volume] (Missoula, Mont.) 1904-1961, 1913-04-06

April 20, 1889, the capital was in
creased to $4,000.
December, 1889, Marcus naly resign
ed AS president and A.. Il, Hammond
was elected his successor. and A. G..
England was elected vice president
January, 1890, n. l.. Grcenough was
elected director.
March, 1893, extension of charter for
the second tWenty-ycAr period was ap-
piled for ana january, 1870 A. G. Eng
land was elected Il director.
March, 1892, e. II. Mcleod was elect
ed a director in place OF 4. l." Bonner.
In March, 1901, L. T.. Keith was made
assistant cashier. In August, 1904, T..
J., Keith was elected director and r. l..
Groeuough, vice president in place OF
A, q. England, deceased.
In January, 1906, George Briggs and
g. II. IepkWith were elected directors,
and i. +. Keith, elected cashier.
August. 1906. the capital was in
creased to $200,o0
April, 1907. &C. A. Newton elected as
sistant cashier and in June, 1907, was
elected cashier
January, 1908, II, G. Keith and Ken
meth Ross were elected directors.
April. 1909, f.. T, Sterling was elected
director in place of II. g. Keith,
director,
August 25th, 1909, f. S. Lusk was
elected a director.
The Daily Missoulian. [volume] (Missoula, Mont.) 1904-1961, 1913-04-06

were regretting their departure more
than ever.
While Bryan is taking his new work
with a seriousness equal to its i'm
portance, he is not allowing ii to de-
press him for a moment. He has
simply adapted his cheery democracy
to the confines of a mighty important
job. When he works il is with the
speed Of a siX-cylindcr racer, but he
mixes up play with work. He is never
SO happy as when relating some per-
sonal lnisflap in learning the routine
of his office.
Having sized up Bryan satisfactorily
from the personal standpoint, the next
concern of the department experts was
to see how he would act as a diplo-
mat. 1t was hard to believe that he
would handle delicate international
affairs with the finessc usually assoc
ciated with more aristocratic temporal
ments than his. But Bryan immedi~
ately set fears at rest on this point,
The first situation confronting him
VAS the settlement Of the Cuban ann
nesty bill, Bryan summoned the
Latin American experts. He grasped
an intricate situation so quickly that
it surprised the subordinatcs. Then
he disposed of the matter thoroughly
and in a II TO satisfy the most
critical of diplomats.
Shortly after wards Bryan again
showed his skill as & diplomat He
issued the statement warning the
temperamental Latins not to revo-
Info pSpnnt for uanI fa9&Itis and
na. for reasons of personal ambi
ton. This was followed by the IA
nous Chinese loan statement, whose
The Daily Missoulian. [volume] (Missoula, Mont.) 1904-1961, 1913-04-06

January, 1910, II. f. Samuels, Ed
ward Donlan and A.. II. Wethcy We're
elected directors. +. s. Lusk elected
president and Edward ponlan. vice
president. The directors were author
lied to remodel md enlarge the bank
ing quarters in the bank building,
February. 1911, Il, II, Gilmore elected
n director and vice present.
October, 1872, l.. T.. LuSl1 was elected
a director.
February, 1919, application for re
neWal of charter for a third twenty
year period was made. Newell Cough
was elected assistant cashier.
The savings department of the First
National was established July /, 1908,
It has become an important factor in
the business Of the institution. There
are now on the books of the bank
more than 1850 dcpositors in this de
partmcnt. The number has increased
steadily and the amounts OF the de-
poaits have grown. An interesting
feature OF this department Is the large
number of Young people who have
started accounts.
The old Missoula National began it's
career in the office room in the rear
of tn" WUrden & Co. store. on the cor
near where the DAILY block now stands.
When the first increase in capital
stock was voted, Il new building was
erected. This was the old building
on West Main street, now occupied
by the Louvre. In 1889 work was
started on the present First National
building and with the subsequent re-
organization and change of name, the.
institution moved into this handsome,
modern structure.
In tho year that Mr.. Lusk became
president OF the bank, it was decided
tn enlarge the quarters of the bank
and the ground floor of the building
was entirely rcrnodelcd. The banking
ootns arc now MS attractive and. con-
Ncnicnt as any in the west, The new
vaults of he bank are the latest word
IN hurglar-proof and fire-proof CON
struCtion. The arrangement Of the
rooms is pleasing. The increase in
business has been gratifying and this
birthday anniversary finds the insti-
tuition apparently upon the start of
another ora of continued prosperity
ANA worthy participation in the de-
V"lopmont of western Montana.
During the entire life of the bank,
forty years, there has been a total of
thirty-one pcopl" elected as directors
at various times. Thare have been
seven presidents and five cashiers,
During the entire forty years of it's
existence The hank has always paid it's
obligations IN full and in cash and has
never closed It's doors during banking
hours FOR u minute.
The Daily Missoulian. [volume] (Missoula, Mont.) 1904-1961, 1913-04-06
(By ROBERT r. WILSON,

Washington, April Bon March 4
an interesting phenomenon occurred.
One of the most communicative of
public men in American suddenly be-
came the most silent from the stand
point of newspaper publicity. On
that day William Jennings Bryan ac-
cepted a place in the cabinet of Wood
row Wilson. And Immediately cor
respondents discovered that between
the Commoner, the champion of 4
cause, molder of the political opinions
of millions of followers, welding his
Influence almost entirely through the
instruments of publicity-betWeen
such a figure and the position at the
head of the American department of
state there is a great tand silent) gulf
fixed.
At 1870 p. m. on March 4, Bryan
was his same old self, talking freely
with anyone who chose to question
him. At LAO he was referring
auestioners to his new chief, Mr..
Wilson, who had just taken the oath
of office. And from that moment to
"for publication Whatever he has
said has been given out either in
formal typewriter statements Or else
uttered in public speeches.
All this threw a shock into the re-
p~orters. They, who had been pre-
dieting that the state department
would become the best source of
news in Washington, at first be-
lieyed that Mr.. Bryan must be indis-
posed or tired. They kept after
him for days. They waylaid him in
public building corridors and on the
The Daily Missoulian. [volume] (Missoula, Mont.) 1904-1961, 1913-04-06

and commercial life of astonishing pro-
portions from the limited activities of
ante-railWay days.
When the bank was established it
was representative of the general BUSH
ness interests of the city. With the
expansion of the business of Missoula,
the need for other banks was realized.
in 1889, when the name of the institu-
ton was changed to it's present form,
the Eddy-Hammond interests, to which
the present Missoula Mercantile COM
pany succeeded, controlled. 1t was
then that the c. P. Higgins bank was
organized and, soon afterward, the
Western Montana National bank was
chartered.
The active management and control
of the bank remained in the hands of
the Missoula Mercantile company in
terests until, in 1909, +. S. Lusk and
his associates acquired a large holding
of the stock and assumed the admins
tration of the banks business. Mr..
Lusk came to Missoula as a contractor