davidaulloa/AmericanStories huggingface dataset:
The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1913-07-05
NEW CAVALRY TEST ON
FAMED BATTLE-GROUND
busIes Will Again Resound In the
Shenandoah Valley.

The Shenandoah valley, where Gen
eral Phil Sheridan made his famous
ride fifty years ago, Is 10 hear again
the bugle. the sound OF galloping
horses, the click OF carbines and the
boom OF cannon, for the war depart
ment is trying out the cavalry and has
chosen the Shenandoah az the blood
less battle-ground
For two months this summer a full
brigade OF cavalry and n battery OF
horse artillery will maneuver near
Winchester. which figured In great
cavalry battles In the war between the
states.
The department has leased tract OF
ground a mile broad and two miles
long In the heart OF the Shenandoah.
seventy miles from Washington.
Great interest attaches 10 the ma
neuvers. Secretary Garrison will be
a frequent spectator. Major General
Leonard Wood. chief OF stan. probably
will spend muck time there. and Pres
ident Wilson may make the trip to the
valley battle-ground.
Some OF the practical questions TO be
worked out are:
How large a command can captain
handle successfully
How many such units can a colonel
handle 20 the best advantage under
conditions approximating hostilitiesi
The new formation OF the cavalry
into double ranks also will be tried out
ON n large scale
The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1913-07-05
Government Control.

Their term OF Office is for eight years.
except that OF those first appointed one
is 10 serve two years, one four, one six
and one eight years. At least one OF
the members appointed by the presi-
dent is TO be person OF banking ex-
perience. Thus IL will be noted that
the government Will have absolute con
troll OF the system. The salary OF each
member OF the board except the two
cabinet officers who are ex ofiicio mem
bers is fixed ut $4,000; the comptroller
OF the currency TO receive $1,000 in ad-
dition to the salary which he receives
under existing law
The powers OF the federal reserve
board are as follows
(a TO examine NJ ITS discretion the
accounts and books OF each federal re-
The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1913-07-05
AND CURRENCY
NOW IN CONGRESS
Under Its Provisions All Power
viii Be Taken From
Bankers.

OF seven members. including the score
taW OF the treasury. the secretary OF
agriculture and the comptroller OF the
currency as members ex officio. -Four
other members are chosen by the presi-
dent Of the United States, by and with
the advice and consent OF the senate,
for a term OF six years each. One Of
the members thus appointed by the
president Is 10 be governor Of the fed
eral reserve board. one vice governor
and one secretary.
The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1913-07-05
BALDHEAD CLUB TO MEET.
Hairless Pated Band. Toastmastsr and
Host For Banquet.

Robert ]. Orr. president OF the Bald
head Club OF America. who was fifty
Eve years old recently. called a meet.
ing OF the officers OF the club mt his
home In Pittsheld. Mass, 10 celebrate,
incidentally there was business meet
Ing ~ the club az which Oct 16 was
set as the date OF the second annual
banquet OF the club. which will be
held at Canaan. Conn, In n hotel man
aged by baldheaded proprietor.
John Rodemeyer. baldheaded edi-
tor, will be toastmaster. and the ok
Karl brothers OF Htch6eld. Conn. all
baldheaded. will furnish the music
The club has membership OF rtnety-
six
The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1913-07-05
INvENTs 4 NEW TOBACCO.
Harvard Professor ProdtAes Better
Quality and Increased Yield.

Professor H. NJ. East OF Harvard
university has.Ju succeeded In pro
ducing a hybrid tobacco from a cross
between the Sumatra and Havana va
rieties which has resulted I'm n better
quality Of smoking material and n
yield OF 30 per cent more than either
OF the individual leaves
The new plant Is especially suitable
for the sunny tobacco districts OF Mas
sachusctts and Connecticut. Another
hybrid from broad leaf" and Cuban"
gives n much higher yield than broad
lear' and promises 70 be OF better
quality.
The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1913-07-05
FOR FRANKLIN BOOK, s5,o25.
Essay Was Sold For so Cents Fifty
Years AGO.

At recent sale In London Frank
Inns Essay on Liberty and Necessi
ty." printed In 1875. brought s5.025
There were only 100 copies printed OF
the original edition. which was sup
pressed. and only one copy is now
known 10 exist besides tho copy men.
toned
This copy was originally bought by
Henry Stevens and offered 10 the Brit.
ish museum authorities City years sgc
for 50. II was afterward sold for %
cents.
The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1913-07-05
One Company Paid $780,.
600 For Food Last Year.
COAL BILL WAS S7,376, 735.
seasiekness Seems 10 Have No Deter
rent on Appetites Of Transatlantic
Travellers or Figures Show Nothing.
Fish and Game Alone For One Big
Line Cost s652.o2o.

In these days, when the high cost OF
living is SO much in the public mind.
when the bills OF the butcher. the gro
Ger and the coal man threaten 10 dis
rupt the family happiness and bring
the sheriff knocking AT the door, II is
interesting 20 know what IL costs n
steamship company 10 provide the nee
essaries OF life TO the hordes Of pas
sengers who cross and recrOsS the At.
lantic. The annual statement OF one
blk company for 1912. just issued.
throws some interesting light on the
subject and may possibly make ones
own monthly statement seem small
I'm comparison.
Last year this company's bill for pro.
visions alone was S4920,Oo0. while
during the same period the coal man
was paid S7.376,735 for 1.75s.740 tons
OF coal which were shoveled into the
maws of the ships furnaces during the
twelve months. For these two items
aione-proyisions and coal-the com
pany paid the enormous sum OF $12,-
DOG, 1876. and the greater part Of this
fortune dropped into the Golfers OF I'm
Gle sam.
Cost OF Provisions.
That seasickness does not always I'm
terfere with the appetite OF ocean tray
elers is evidenced by this expenditure
OF almost 5000 900 for provisions The
butcher. as usual. reaped the great
est harvest In the matter of provisions.
his bill 10 the steamship company In
question for the year being Sl,6S5, 900,
This does not include fish and game.
For the former the company paid an
additional $239,6G0, while the bill for
game amounted 10 $4l2,3G0, a total Of
$G52 ,020 These two items, added 10
the bill for meat proper, brought the
amount up TO s., 337 900
In our household expenditures we
are not likely 20 pay much attention to
the cost OF preserves. and yet the same
steamship company already mentioned
spent S255,7GO for these sweets alone
during the year. The hill FOR fresh
vegetables amounted TO SIPS. 10. while
for "sundries" including bread, flour.
spices, fruits and the thousand and
Oilt hIuN4tS ltldl are ustu III tue hilAu-
en-. the company paid $l,GSs.S90.
Tons Of Potatoes.
More potatoes were consumed dur
ing the year than any other single ar
ticle. the total amount having been IL
S75.S73 pounds. Flour ranked next
with 6,3l3,l52 pounds, fresh beef third
with 5,769. 1874 pounds. while the bread
was fourth with 2.353,0S3 pounds.
The passengers consumed 709S,5G0
eggs. 4.27l O59 oranges and lemons.
707 .625 pounds OF onions and 9S3,S02
pounds OF salt They used 49, $40
pounds OF coffee and 4l,729 pounds OF
tea and 529,Gl9 cans OF sterilIzed milk.
10 say nothing of 14.91s bottles Of
fresh cream.
1t was necessary 10 provide 19,119.242
pounds OF Ice 20 keep things cool and
1907 boxes OF matches for fires and
lights" In the bakeshops 1861
pounds OF yeast were used. while the
quantity OF butter necessary during
the year was / ,056. 057 pounds.
The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1913-07-05
Division Of Earnings.

Under the terms OF the bill each fed
eral reserve bank after the payment
OF all expenses and taxes is entitled
10 pay an annual cumulative dividend
OF per cent on paid in capital TO its
stockholding members. One-half the
net earnings OF the bank must be paid
into the surplus fund until said fund
shall amount to 20 per cent OF the paid
In capital OF the bank. The remaining
one-half OF the banks earnings shall
be paid TO the United States. and
whenever and so long as the surplus
fund OF each federal reserve bank
amounts TO 20 per cent OF the paid In
capital. the shareholders having re-
ceived their permissible dividend OF 8
per cent. all excess earnings shall be
paid 10 the United States. Every fed
eral reserve bank il exempt from fed
eral. state and local taxation. except
In respect TO taxes upon real estate
The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1913-07-05
DIGEST OF BANK
REFORM BILL
Reported That Measure May
Be Put Through During
Present Session.

wv JH1LE prophecies are rife in
" dispatches from Washington
w that congress will take nc
ton during the present SEES.
sion on the currency reform bill. late
ly introduced I'm the house by Repre-
sentative Carter Glass OF Virginia, the
chairman OF the committee on bank
ing and currency, others are not lack
ing, which seem 10 indicate the con
trary, despite the fact that the meas
ure has the backing OF the administra-
Zion. Every point In the bill, as pre-
scented, was carefully gone over by
president Wilson and Secretaries Bry-
an and McAdoo. and II is understood
that several OF its most important pro
visions were directly fathered by them.
For the convenience Of the busy
IMAM, the following Official digest OF
the measure will give definite idea
OF It's scope and aim:
The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1913-07-05
New Glass of Banks.

Il tie creation OF a new class OF banks
a. Sc known as federal reserve banks,
~ chief points about which are as
follows:
lirst-The number is 10 be twelve
with possible increase later as pro.
Rided.
Second.-The ownership Is 20 he in
the hands OF the stockholding banks
OF the twelve districts In which the
reserve banks are situated. The ma
tional banks are compelled 10 be mem
beers. and state banks and trust com
panies are permitted 10 be members
Third.-The capitalization is to be 20
per cent OF the capital OF the stock
holding banks. one.half paid In and
one-half subject 10 call
Fourth. business OF these fed
eral reserve banks Is 70 be as follows:
4 GAY RedIscountlng OF paper pre- ented
by stockholding banks under specified
conditions, provided such paper grows
out OF actual agricultural. commercial
or Industrial transactions and does not
run more than n specified number OF
days N-f $500
ID Buying and selling government
securities. gold and silver bullion and
foreign coin. foreign exchange and
open market bills OF given maturity.
(c) Government fiscal operations.
Every national bank is allowed &c
continue its note issue exactly as NJ
present, and in addition federal reserve
treasury notes are authorized 10 be is
sued 90 an amount not exceeding $780,.
100000 These notes will upon applIca
ton be issued 10 the federal reservv
banks upon short time commercial pa,
per and other liquid collateral. While
the notes will on their face purport Ia
be the obligations OF the United States
they are required 10 be secured by a
gold reserve OF 80 ID per cent provided
by the federal reserve bank and are
first and paramount lien on all the as
sets OF these banks and are redeemabl,
I'm gold on demand at the treasury dc
partment in the city OF Washington
or az any federal reserve bank Strin
gent provisions are made against count
ing any OF these MO- as part a
bank reserves. and thessystem is guarc
ed against imitation by lodging powri
with the federal reserve board TO exac
I'm interest charge upon treasury notes
In order TO insure their prompt redemp
tion. The notes are not made lega
tender hut are receivable by the gov
leru1sr aud every bank OF the system
ini lef lthout exchange. No change
s. Nude n the elements OF protection
sranh3 Existing banknotes.
nesrt ing the whole system is ere
niec a federal reserve board canstFsin,
The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1913-07-05


reserve board in case they do not fair
ly represent these interests. The re-
manning three directors are TO be cho-
sen by the federal reserve board, and
one OF them Is 10 he designated by said
board as chairman OF the board Of di-
rectors of the federal reserve bank OF
the district 20 which he is appointed
and is TO be the agent OF the federal
reserve board.
The national banks are compelled 10
be stockholding members OF the fed
eral reserve bank of their respective
districts. and state banks and trust
companies are permitted 10 be mem
bers under certain well defined regula-
tons All the domestic transactions
OF the federal reserve bank must be
with member banks and the govern
ment. except that IL may purchase
bankers bills and bills of exchange In
the open market from individuals as
well as from domestic or foreign banks
Division Of Business.
The object OF the bill il 20 effect n
moderate division and classification Of
banking business along indicated lines.
the net result. presumably. being sum
med up as follows
First--NatioDal reserve banks will
be strictly limited 10 rediscounting nc
tual commercial and industrial trans.
actions evidenced by very short term
paper and on rare occasions, under
carefully prescribed conditions, to inan-
cial operations protected by collateral.
They Will also be able 10 engage In
foreign exchange operations. sales az
government securities, etc. as already
explained.
Second National banks will be sub.
jected 10 precisely the same restric.
tons as az present. with a relaxation in
favor OF a moderate amount OF real
estate loans by country banks under
carefully guarded conditions.
rd.-By revision OF the admin.
istrative features of the national bank
ing act provision will be made for close
oversight Of national institutions with
a view 10 holding them strictly UP to
the requirements OF legitimate bank.
ing business
Fourth.-ln order to possess them.
selves OF the Kind OF paper emitting
them 10 rediscounts national banks will
find themselves obliged TO keep rea-
sonable proportion OF their assets I'm the
form Of paper eligible for rediscount.
ing, and this will mean very considera-
bic emphasis upon the strictly com.
merclal aspects OF the business done
by national institutions.
II is believed that the present sub
treasury system is unsatisfactory.
clumsy. injurious TO business and Diff
cult 10 manage In time OF stress. The
bill, therefore. provides for;
First.-The placing u all currency
funds Of the treasury i'm federal reserve
banks and the payment OF government
creditors by checks thereon
Second. The equalization OF the pub
lie funds between the different reserve
banks by direction OF the secretary Of
the treasury and subject TO rate OF in
terest to be fixed by the federal reserve
board
Third.--The trust funds OF the treas
ury are TO he held. as Mt present. I'm the
vaults OF the treasury.
The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1913-07-05
Digest Of the Bill.

The purpose OF the bill Is 10 furnish
a comprehensive revision OF the cur
rency system OF the country 80 as 10
obtain four principal objects:
First-PTovision OF a means for re-
discounting commercial paper OF speci-
fed types.
Second. -Provision OF a basis for
elastic note issues properly safe
guarded
Third.-Provision OF machinery for
doing foreign banking business.
In order 10 accomplish these pur-
poses fully Il IS necessary to repeal
certain portions OF existing law; 10
rectify various conditions In the pres
ent national banking system which are
in some cases only indirectly connect
ed with the objects sought; 10 furnish
d new class OF institutions for the per
Torrance OF some functions which
cannot well be intrusted 20 existing
banks, or, az all events, can better be
performed by others, and 10 alter the
present reserve system 10 a very ma
terial degree
The scope OF the bill can best be
understood 10y an analytical review Of
its contents.
J. Tho present banking situation in the
United States rests upon the national
bank act proper as slightly modified
from time TO time aud upon the 80
called Aldrich-Vrceland act (act Of
March 30. 1909. OF these acts the
latter is completely superseded on the
ground that II has never become oper-
ative, probably will not become opera
tive except under extreme stress and
was never satisfactory.
The national bank act itself is mod
hfled I'm numerous essential particulars.
in a separate measure general reyi-
sion OF the administrative provisions
OF the national bank act will he pro
rwytI
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1913-11-24
IOWA COUPLE ARE
HELD BY POLICE
Eloping Youth and Miss Locat
ed by Girls Brother and
Spend Night in Jail.

Esther Borgstadt. aged Is years.
of Nicholas. Iowa, and Francis
Dotson of West Liberty. Iowa, were
detained at the local police station
over Saturday night
The two are said 10 have eloped
from West Liberty Saturday morning
with the intention of being married
here. The girls brother located the
two on a street in the business sec
ton OF the city shortly before noon
Saturday and they returned TO their
respective homes Sunday morning.
The girls parents objected 10 the
marriage of their daughter to Dotson,
claiming they were both too young
Dotson Saturday morning drove from
West Liberty TO Nicholas in a buggy,
met the girl and drove back 10 West
where hey boarded a train
for Rock Island. As soon as the par
ents learned of the elopement Miss
Esther's brother was sent after them.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1913-11-24
CHIEF CHAUFFEUR
EXAMINER HERE
To-Conduct Examination in Mo
line-Finds Ready Response
Among Dealers.

William r. Dillon, chief chauffeur
examiner for this state. went to Mo-
line yesterday. where he is registered
at the Manufacturers hotel
While in this city he issued 129
chauffeur and so truck licenses, re-
alizing total of about $1,000. Speak
ing of his work in this city, Mr.. Dill
Ion says the dealers in general coop
Grated with him and very few made
any effort to evade the law, as has
been his experience all over the state.
Mr.. Dillon will remain in Moline for
several days. The local ambulance
and patrol has been licensed and he
is of the opinion that the Moline Off
Gals will secure licenses for its equip
ment shortly.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1913-11-24
ORGANIZE FOURTH
DECREE KNIGHTS
T. M. Burt Chosen Head of
Large Order Which VIII Re-
place Local One.
STATE OFFICERS ARE HERE
Interesting Social Affairs Are Planned
for Coming Winter-DeIesstes
Are Named.

The annual meeting Of De 500 as
sembly. Knights OF Columbus, met at
the Rock Island K. OF c. hall Sunday
afternoon and elected officers for the
ensuing year. A local assembly was
organized about a year ago, but since
its organization. change in the laws
was effeced doing away with local
assemblies and providing for district
assemblies. DeSoto assembly, there
fore, at present includes al fourth de-
gree members OF the Knights Of
Columbus in the cities OF Rock Island.
Moline, Sterling. Morrison and Fulton.
The following state officers Of the
fourth degree division were present at
the meeting yesterday and assisted in
the organization OF a district assem-
bly,: Jos. J. Flynn, master; Rev.
Father Morrissy. chaplain, and James
/. Warren, F. y.
Yesterdays meeting was well at
tended and was an enthusiastic and
interesting session. Plans were made
for a number of social affairs and in
teresting and instructive meetings
during the coming winter. The first
Of these entertainments is 20 be a get
together meeting for the members OF
the district and heir ladies and the
fourth degree members Of Davenport.
and II tho enthusiasm manifested at
yesterdays meeting Is any criterion.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1913-11-24
MONMOUTH MAN
SELECTED CADET
E. Keith Hartzen Chosen by
Congressman Tavenner for
West Point Honors.

Monmouth, Ill, Nov. 24.-E. Keith
HartSell, son of Mr. and Mrs Judd
Hart6ell of this city, has been named
by Congressman Clyde II. Tayenner
for a cadetship at the United States
military academy at West Point The
young man will have to take an ex-
animation which will be held some
time next April, and his friends insist
that there is no doubt of his being
able TO pass this successfully, even
though il is a difficult one. Mr. Hart
cell goes TO the West Point school as
a cadet, and will have an opportunity
OF securing an education that is unsur-
passed anywhere for thoroughness and
after graduation viii become an officer
in Uncle Sans army.
The word announcing the appoint
ment has just come to Mr.. HartzeIl
and the announcement that he was
favored by the congressman will be
received with genuine pleasure by his
many friends. Keith has been edu-
Gated in the city schools and grad
uated from the high school with the
class OF 1912. While in school he was
considered one OF the brightest young
men of the class, and teachers and
fellow students speak in the highest
terms OF his ability and capacity to
learn.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1913-11-24
CARBON CLIFF

The Misses Margaret and Gertrude
Gerhardt visited Sunday at the VIII
lam Corbin home at Silvis.
Ernest Fischer of Moline was bust
ness caller here Thursday.
Paul Gerhardt and William Trout
man were Saturday visitors at " slime.
Mr. and Mrs. J. Bomberg and daugh-
ter Juanita of East Moline spent Sun
day al the August Schleuter home.
The Misses Pearl and Helen Ball of
Silvis were Sunday visitors at the
Harry Frymier home.
Mrs. Steven Milton and daughter
Ella spent Thursday at Moline.
p. ". Beckwith was a business
caller here Thursday.
Mrs. Maggie Adams OF East Moline
spent Sunday with her sister Mrs. J.
L. SWank.
Mrs. C. F. Holland visited on Friday
with Moline friends.
Mr.. and Mrs. Steve Adams and
daughters. Bery,e and Richard of East
Moline are spending a week at the
Steve Milton home.
Mrs. Leonard Frank and daughter,
Dorothy Anna, and sister, Martha
weitz, returned home to Reynolds.
having spent few days az the home
Of their father, Louis Weitz-
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1913-11-24
Special No. 19--Shirt.

G. Britton. lots 3 and 4. F. Carpenters
addition, Edgington, $500.
James G. Britton, ct al, to Lois NJ
Carpenter, lots and 4, f. Carpenters
addition, Edgington, 5000.
Mary H. Toenges. ct al, to Albert
Hanson, lot 10 and part lot ., block II.
Milan, $3.50.
Peoples Savings Bank & Trust COM
pany to Philip +. Colson. lot ~, Glen
oaks addition, Moline, S70G
J. ROLAND Metzler and wife to J. D.
Layton, lot II, block / Coal valley.
$500.
Elmore II. Stafford and wife 70 Wal
ter Lloyd, lot II and south half lot
16, block I, Silvis. Sfl2.50.
Robinson r. WhitesIde and wife to
Konstanty Babiansk, lot ], block. 3,
Pitts, Gilbert & Pitts Second addition,
Moline, $4,000.
Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1913-11-24
BID
PEOPLEFAREWELL
Drs. Marquis and Lockney
Preach Last Sermons Before
Severing Connections.

After a passionate extending over
more than thirty years, DR.. w. S. Mar
quis will next Sunday sever his con-
nection as pastor of that congregation
and devote his entire time to the posi-
ton of superintendent of beneyolences
Of the state, with headquarters in Chi
cago. At the morning service yester-
day DR. Marquis delivered a sermon in
which he bid his congregation a fare
well. He took as the theme of his re-
mark Our Work Together for God.
for Country and for Humanity and he
gave in review what the church has
accomplished for the kingdom OF God,
and spoke especially of that for which
the church stands Next Sunday
morning communion services will be
held at the church which will be par
ticipated in by the congregation OF
South Park Presbyterian church and
tho following Sunday with Rev. A. +.
Moody of Aledo as moderator the pull
pit will be declared vacant and the
will be a, liberty 10 call
a supply until the spring meeting OF
presbyery.
Yesterday also marked the close Of
the pastorate Of Rev. J. F. Jockey as 7
rector Of SacredHeart Catholic church. I
and in a short address he said a few !
words Of farewell to the congregation 1
that he organized and has built up so 4
He will leave the latter part Of the .
week for Champaign, III. 10 take up 4
his work there.