El Paso herald. (El Paso, Tex.) 1901-1931, 1913-03-01
NORGhN'S BANK
WILL Be MI RVEL
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only real solution Of the cost Of living
problem, according to experts of the
committee on agricultural Improvement
who have collected statistics showing
that it is possible for the United State
TO double its average acreage yield
As a timely Illustration that the old
fashioned law Of supply and demand
is still in effect they instance the fact
that sugar is now cheaper than at any
time for is years and that within The
past few days it has sold at wholesale
at Is cents a pound, the lowest level
it has reached since 1897. This pleas
ing condition. il is explained, is due
10 the fact that the largest production
OF American grown beet sugar IN the
history Of the country was turned out
this year and that the competition Of
this homegrown product with the out
put Of the big trust refineries has sent
prices tumbling- It is pointed out that
it is only necessary to encourage the
domestic sugar industry TO grow as
rapidly during the next few years as IT
has during the few just passed in order
10 insure a permanent supply Of cheap
sugar to the American people
8IOrEan's New Bank
The claim Of the worlds finest bank
has so long been put forward for va
riOus financial Institutions in this city
as they have been erected from time
to time that the announcement Of an
other finest one is likely TO receive
only passing notice However, the new
building to be erected for J. P Morgan
on the same site where the old one has
stood for so many years contains so
many unique and hitherto unheard OF
features, as shown in the plans, that IL
seems really entitled to the superia-
tive.
To begin with, although it is to cost
S2,000,OO0 and stands on property val
ned at 100000 It is to be only four
stories high, which means that each
floor viii represent an investment Of
S1,500,0O Alphabetically, 1t viii be
one Of the wonders OF the city, since
the three upper floors, instead Of rest
ing on steel girders as is the accepted
practice, viii be hung from great
frusses Just below the roof The fea-
ture Of the lowest basement is the
foundation Of the vault, which will be
50 feet square on the inside The
thickness of the walls Will be such that
an army could work on 1t for a month
with high explosives but could not get
through It
Included in the machinery OF the
building, which viii be located in the
lower sub basement, will be a venti
1ating system which viii draw air in It
the roof. warm il. temper II, wash II
and distribute 1t to every room. The
third floor viii have many novel fea-
lures. including a barber shop and two
dining rooms for the officers The
fourth floor or top one, suggests a club
more than a banking house Along the
Broad street side viii be a terrace 4
by "a feet, tiled and half cvered by
roof and half by awnings and set about
with trellises and growing plants. It
cannot be seen from the street and
when screened not from nearby high
buildings This IS for use on fine days
either for luncheon or for conference
Old BuncO Game Revived
That even the most hackneyed form
Of sWindle never really wears out but
always appeals to some of that class
of persons who are reputed TO be born
at the rate OF one a minute, IS being
evidenced here by the bObbfng UP again
of the ancient Spanish prisoner
buncO. and accordingly the police are
issuing renewed warnings. The Span
ISL prisoner" game is only about 40
years Old; that is in Europe and the
United States. It is believed to have
been ineEisteuce in Spain and Cuba and
envirOns before that The plot Of che
piece is always the same. although The
characters and scenes have been
changed every season It used TO be
the old grandee imprisoned in castle,
at the point Of death There was the
beautiful daughter outside alone in -he
world There was the 100000 or So
hidden in a trunk on deposit IN the
Bank Of England or the Bank OF
France in an old castle; IN ruin
IN any old place All that was neces-
sary 10 do was first to send enough
money over to get the girl out of dan
ger and into America; then get the
trunk kith the gold and finally come
back ard look after the old grandee-
This years model is the Russian bank
er who decamped from St Petersburg
with 100000 and seems likely to be
Just as successful as any Of his prede-
cessOrs- Just how much money this
ancient swindIe has taken from a credu-
Ious public can only be guessed, but
It IS believed TO run into the millions