davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-08-22
CLAIM OF u. S. SUSTAINED.
Appeal of Banking Corporation Loses
in Chinese Indemnity Case.

The appeal of the International Bank
Ing Corporation of New York, dated
April IL. 191. from a claim of 1897 45
against it. made by the auditor for the
State and other departments as due on
account of the Chinese indemnity. has
been denied by the controller Of the
Treasury. A credit of one-half OF /
per cent. .2s.14, as commission on this
amount Il allowed by Controller Dow
ney- AS the contract provides for a 9
per cent annual interest on money re-
ceived on account OF the Chinese in
demnity In the possession Of the Inter
national Banking Corporation, interes,
is charged against this concern from
July I. 1902, when Controller Tracewell
predecessor Of Controller Downey, ruled
that the sum was owed 10 the govern
ment up to the date of the settlement
December 81, 1904. With this credit and
debit the amount of Indebtedness Is
brought up to S6,216.61.
The controversy was largely concern.
ed over the proper rate of exchange be-
tween Chinese taels and American dol.
las There also were few disputed
items Of expense.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-08-22
BANKERS CONFER
ON CURRENCY BILL
Hepburn Criticises Proposed
Regional Reserve lnstItu-
tions in Speech.
HELPFUL COOPERATION
SERIOUSLY ADVOCATED
Many Features of Owen Glass Meas
ure Are Condemned,
However.

CHICAGO. August 22.-Thc national
conference of bankers and members OF
the currency commission Of the American
Bankers Association opened here today
with Keynote" address by \. Barton
Hepburn as chairman. 1t was heard by
representative bankers from all parts of
the country. He criticised features OF
the Owen-Glass currency bill and advo-
Gated a central bank with branches in
stead of regional reserve banks.
Many eyes were turned on George NJ
Reynolds as he entered the hall. Mr.
Reynolds, president of the Continental
and Commercial National Bank of this
city. had just returned from Washington
where he had a long conference with
Secretary of the Treasury McAdoo, with
reference to the currency bill and today
meeting. He said he might discuss the
interview. with the delegates before the
meeting was over.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-08-22
MILLIONS GO BEGGING
Nations Banks Not Clamoring for
Government Deposits

Need for the additional $50. 900. 900 de-
posits that the government is placing
with national banks in the agriculture
states apparently is not as great TODAY
as it was when the governments an
nouncement Was made.
Requests for the deposits are NOT
reaching the Treasury Department In
the number that was expected, and il
is apparent to Treasury officials thai
the mere announcement that the monaw
would be available has allayed fe.r -,
a stringency during the crop movine
period
According to unofficial information tho
banks are extremely slow to comply with
the conditions that would entitle then, -
participation in the deposits Only =
few southern cities have forwarded th.;r
list of securities for approval As fas,
these are examined and found adj.
quate the deposits have gone forward
Letters to the department indicted
according to officials, that the hankers
will be slow to ask for additiona al
money on which they would have -
pay interest on daily balances ana 80.
which they would find no immediata
market.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-08-22
TO DISCUSS PEACE PLAN
Interpar|iamentary Union Will
Consider Bryan Proposals
at The Hague.

The peace plan outlined by Secretary
Bryan and now embodied in new treaties
with several Central American countries
is to be laid formally before the con-
ference of interpariamentary unions at
The Hague September / by Senator Bur
ton of Ohio.
Senator Burton will sail from New
York tomorrow as one OF the American
members who will participate in the
international conference. He is one of
seven members of special committee
representing the nations of Russia,
Germany, Austria, France, Belgium.
Greece and the United States, charged
with devising a plan for the construc-
ton of a permanent Hague court.
The Bryan peace plan, under which
nations would bind themselves to sub
nit all grievances to "a parliamentary
arbitration and to defer preparations for
war for six months or a year, will be
laid before this subcommittee and the
later before the parliamentary union.
Senator Burton said today he considered
the proposed peace treaties and the plans
for the establishment of an interna tiona
prize court as among the most important
subjects to be submitted by the United
States.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-08-22
DEMANDS RETURN OF RING.
Mrs. Louise Garland Accuses Broker
of Withholding Her Property.

Mrs. Louise Garland. said to be a
former resident Of Washington, was
one of the principals in police court
episode in New York city today. ac-
cording to dispa tches from New York.
Mrs. Garland, it is stated. accused
Dwight A Phillips, a real estate
operator, of having playfully taken
from her a diamond ring worth $500
and of refusing to return the ring
when she demanded it.
In her statements to the New York
notice Mrs. Garland said she formerly
lived in Washington. and stated she had
leased her home. 2O21 California street,
RI Senator Hoke Smiths secretary. Sena-
tor Smith purchased the California street
house from Mrs. Garland about eighteen
n,nnths ago. it was explained and that
she told him at the time of the sale that,
IN the advice of her physician. she was
going abroad to take up her residence.
Since that time. according to the sen
atnr Mrs. Garland has not been in
We shineton to his knowledge
No Mrs. Louise Garland appears in
ether the city or the telephone di-
rectOry.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-08-22
WANTS IT CAPITOL PARK
Senator Gallinger Suggests Name fol
Tract Near Union Station.

senator Gallinger of New Hampshire
h.s introduced a bill in the Senate pro-
vidins that the lands ACQUIRED ny .he
United States for puphc park lying
between the Union station ana the Capi-
ton I, ~ the Capitol grounds, which shall
heraafter he known as the Capitol Park:
ne Ea ari this week Senator Jones of
Washington introduced a bill providing
that the new park be known " - as s., the
Acropolis. and section Oh - - We m envu
;a,s - Women and their achievements.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-08-22
Doubt Wisdom of Land Loans.

Mr. Hepburn doubted the wisdom OF
providing for land loans and savings de-
partments in the system.
The absence of public hearings on the
bill and the imminence CT It's enact
ment, he said, placed responsibility
on the bankers Of the country when
they could not avoid lin justice to
themselves. to the puoilc Wnom lhey
represent. and to the stockholders by
whom they are employed. to give at
the present time public expression to
their opinions in regard to the pending
measure"
In reviewing the commendable pro-
visions of the bill, he said:
1t creates central bank, 1T es-
tablishes branch banking. 1t recognizes
bank assets i'm the form of commercial
paper as the normal and proper basis
for bank currency, il provides for
keeping the current funds OF the Unit
ed States in current use. instead OF
locking the surplus up in the sub
treasures whenever the income from
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-08-22
Offers Prize for Coat of Arms.

The director general of the Panama
national exposition to be held next year
has offered a prize of $500 for design
of an emblematic coat of arms. setting
forth the discovery of the Pacific ocean
by Easco Nunez de Balboa, and the
result of such discovery OH the 1berian
race and humankind in general. The
prize is open to competition by both
Panamans and foreign artists.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-08-22
Two Escape From Occouuan

Two men escaped from the Distr;c,
workhouse at Occoquan Monday, tba
police were advised today. They were
Herbert Jackson both colored The al
dress of one Herbert Jackson is given -.
GaS o street northwest; the other Har1
bert is said by the police to have sister
at 1855 Sth street northwest. The police
are looking for them.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-08-22
Favors Cooperation.

Il think We should consider the bill topic
by topic, or section by section. in the spirit
of helpful cooperation, and see If we can
not aid the government to accomplish
wise and wholesome legislation. that will
place our industries and our people on a
par with other great commercial ma
TONS
This pledge of cooperation by Mr.
Hepburn in his speech as chairman
was an evidence of the attitude the bank
erS are to maintain in their consideration
of the pending currency measure. Mr..
Hepburn gave high praise to the ad-
ministration for it's earnestness in taking
up the subject. He commended many
features of the bill, but did not hesitate
to indicate that there were others which
in his opinion needed revision.
The failure fully to develop the central
bank idea, which, he said, was recognized
in principle, and it's consequent effect on
many of the provisions of the bill was
the criticism of greatest emphasis
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-08-22
Eight Per Cent Interest

First Deed OF Trust
Washington City Prop
erty.
Notes III amounts OF
$1,000, $1,000, $1,000
and 5000 secured by
first deed of trust mort
gage on new improved
Washington city prop
erty paying at the rate
of 8 per cent interest an
nually. New hreproof
property which will pro-
duce two and a quarter
times the annual interest
charges. Located south
of You and west OF 10th
street northwest. All
papers drawn by and
perfect certificate OF title
issued by local Title
Insurance Company
with ample fire insur-
ance protection. etc.
Full particulars address
Box 62. Star office.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-08-22
Goes ia Funeral of Brother-ln-Law

Senator Thornton of Louisiana ietl Co
day for Memphis, Tenn, to atlelo .he
funeral of his brother-in-iaW;;, banoua
French. who hao pu; ;s,
postmaster Of Memphis.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-08-22
sustains Fracture in Fall.

Mrs. Eta Pearson, fifty-eight years old,
62s Nichols avenue southeast, fell while
at home this morning and fractured her
thigh. A physician rendered first aid and
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-08-22

It pays to read the want columns OF
The Star Hundreds Of situations are
filled through them.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-08-22
Discusses Note Issues.

Mr.. Hepburn pointed out at some length
what he believes to be the danger OF
having the credit of the government
called i'm question at some future time by
obligating it in the proposed note issues
he said. should be made solely responsible
for the notes. 1t was his opinion that
these notes meant imitation, though ne
disclaimed any offense by the term. lie
pointed out that the limits placed on the
resources and business of the reserve
banks would lead to a curtallment OF
credit 1t was difficult, he said, to see
the advantages of the proposed system
+ or the inducements to banks to go into
it. Banks should not be compeiied 10 go
into il against their judgment, he said.
and then called attention to the monetary
commission plan. which permitted but
did not compel banks to subscribe to
the central bank.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-08-22
Central Board Suggested.

The establishment of twelve banks in
stead of one for the purpose of bringing
together the money reserves of the coun-
try had made it necessary, in order to
make these reserves effective, to provide
a central board with powers greater than
would be necessary for one central bank
to possess However, the recognition of
the principle, Mr.. Hepburn said, was rea-
son to rejoice He asked:
why then should not the principle.
once recognized. be correctly applied
Why should not the law create one cen
trail bank, which should have branches
wherever there is commercial need for
them? Such a plan would be simpler.
less cumbersome and more certain in
operation, and far more efficient. There
would then be no need to give the fed
eral reserve board authority to direct one
section of the country to loan money to
another, for the central authority would
then control all the deposits and all the
loans, and they would make loans to
those sections of the country where most
needed.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-08-22
Bankers Who Are Present.

Among the 200 or more bankers present
were Sbl Wexler. New Orleans; Joseph
A. McCord. Atlanta: Levi l.. Rue, Phila-
delphia: Frederick E. Farnsworth, New
York city: F.. L. Howe. Princeton, N. j.;
John j. Gallogly. Albany, n. Y; Charles
T. Crane. Baltimore: Alfred L. Ripley,
Boston: Charles NJ. Preston. Charleston,
s. c.; c. A. Hinsch, Cincinnati; F. w.
Wardell, Cleveland; George H. Russell.
Detroit: D. A. Fletcher, Indianapolis
Thomas P Denham. Jacksonville. Fla.
Logan c. Murray. Louisville: S. f. Bog
land, Memphis: James w. Little, Mobile;
William Woodward. New York; Charles
Mcknight. Pittsburgh; F. Terrell, San
Antonio, Tex: William NJ. Davant. Sa-
yannah. Ga; S. D. Carr. Toledo: William
]. Fletcher Washington. ID. c., and
delegates representing forty eight state
banking associations and lib clearing
house associations.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-08-22
Cash in His Possession.

Paylor had in his possession SIS, 1913 AZ,
while the others had smaller amounts.
1t is the claim of the police that Pitts.
Paylor and Charles Swan were the prin-
cipals in the alleged handbook business
and that the others We're what hackers
Of the horses know as runners
AS soon as it became known that ar
rests were being made for violations Of
the law against the making Of books on
the races it is stated. many persons in
and about the navy yard ran to cover
Last night even the base ball enthusiasts
in the southeast section We're able to dis
cuss nothing but the handbook raid.
This morning at the navy yard the raid
was also the chief topic Of conversation
Men who are alleged to have played the
"bookies" wondered If their names were
on the slips alleged to have been found
in the lockers ard feared they would be
summoned to appear in court. How they
would be able to avoid service was puz-
zling question.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-08-22
Witnesses Outside the Yard.

Not only are persons employed in
the navy yard to be called upon to
testify in the cases. the police state.
but a number of persons along Sth
street southeast are to be summoned.
Navy yard officials are lending the po-
lice assistance. and. it is stated. a num-
Der of dismissals probably will follow
the trials of the defendants.
Persons employed in the yard will
have to testify. it is stated. officials
having already declared that refusal to
give evidence may mean the severance
of connections with the government
service.
The arrests having been made yester-
day afternoon, the detectives proceeded
to examine the contents of a number
of lockers in the several buildings in
which the arrested men were employed.
1t is stated that fully a peck of al
legged race slips were found in these
lockers. 1t was necessary for the po-
lice to break two locks in order to
gain access to the slips. Lists contain
ing the names of horses. players and
amounts played. it is charged were
found in the lockers.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-08-22
Purpose of Conference.

The conference was called by the cur.
rency commission of the American Bank
ers' Association. It's purpose, as ex-
planned by Frederick E. Farnsworth of
New York. secretary of the organiza-
ton. is to aid the administration in
"effecting good currency legislation"
There are four fundamental features
of the Owen-GlaSs bill to which the bank
erS of the country are almost unanimously
opposed" said Mr.. Farnsworth "They are
the government control provision the re-
serve feature. the portion referring to
note issue by the government and the
stipulation for the refunding of the .
per cent bonds. The ideas of the asso-
citation bankers on these scores are well
known, and it is probable that their
action will take the form Of resolutions
protesting against the Objectionable fea-
lures and suggesting new nneS''
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-08-22

the patient was taken to Providence Hos
pital.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-08-22
Intensity Stringency.

LAS matters stand today, whenever
stringency in the money market exists,
our twenty-five thousand banks begin
competing with each other to strengthen
their cash reserves. In doing SO. they
intensity the Stringency and aSgravate
the trouble. The disposition of bank
managers to strengthen their individual
institution is natural and inevitable In
viewing the proposed legislation, one of
the most natural questions then is wheth-
er the establishment of these regional
reserve banks will remedy aggravate
that condition. Will there not naturally
and inevitably be competition between
the regional reserve banks, competition
between the twelve sections of the coun-
try, and may we not in the end have
competition for cash holdings between
individual banks added to the competi-
ton of section against section, reserve
bank against reserve bark? The trainers
danger and seek to palliate it by giving
to the federal reserve board the authority
to force one reserve bank to loan to an
| other Under the conditions that would
exist. would not the exercise of that au-
thority fail to accomplish the just dis
| tribution of funds? Is there not a strong
probability that in exercising that au-
| thority factors would be created that
| would endanger the smooth working anC
permanence of the whole plan?
Reserve Money of All Banks.
with single central reserve bank
with branches. reserve money of all the
| banks deposited with that central insti-
tuition would count i'm the aggregate, 1T
| matter with which bank it Was deposited
or through which branch it was loaned
With such a single central bank, the
controlling board would place its reserves
| in the section of the country where most
needed. This shifting of funds would be
| accomplished without ostentation and
| without notoriety, whereas IL a fedora
| board should require. as 1t might do
| under this proposed law, one federal xe
| serve bank to loan money to another
| federal reserve bank. that could not be
done without attracting attention to the
| borrowing locality In way that would
operate to thS prejudice of that locality
On the other hand, how simply, easily
| and naturally this apportionment OF
funds would be made to lit the require
ments of different localities through thu
4 operation of one central bank witt
| hraD ~
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-08-22
SIX MEN ACCUSED
Of VIOLATING LAW
Navy Yard Employees Suspect
ed of Making Handbooks
on the Races.
EACH RELEASED ON BOND,
HEARING ONE WEEK HENCE
Detectives Make Raid, Search Lock
ers and Procure Alleged Race
Slips as Evidence.

Persons employed in the navy YARD
yesterday afternoon were somewhat
startled by the appearance OF Precinct
Detectives NJ. l.. Howes and c. c. Wise
accompanied by squad of policemen
in civilian attire to conduct raid on
persons alleged to have been interested
in making handbooks on the races. Six
arrests were maze, the accused men reg
istering at the fifth precinct station as
Porter p Paylor, machnist, thirty
seven years old. 500 A street southeast,
Fred Litchfield machinist. forty-nine,
30S l. street southeast; Charles I. swan
machinist, thirty-two. oo13 Prout street
southeast; Robert l.. Pitts, machlnlst'
forty-four. 1924 University place north
west: Benjamin G. Swan, toolmaker.
thirty-seven, 14OS X street southeast
and John H. Roberts, toolmaker, forty
four, 3OoS f street northwest.
The two precinct detectives had beeh
making an investigation the past sew
eral weeks. acting directly under Maj.
Sylvester. chief of police, and being
assisted by Commander Chester wells
at the navy yard. the latter giving
them written permission to search the
lockers in the east gun carriage shop.
where Pitts. Paylor and Charles swan
were employed.
Make Several Visits.
Several times the two detectives
called at the yard and went through
the shops with visitors in order to To-
cate the working places of the men
they expected to arrest 1t was an
easy matter for them to locate these
lockers and to know them so well that
they would make no mistake when
ready to raid them.
1t is stated by the police that they
have a list of about seventy-five wit
nesses who will be summoned to APP
pear in court against the defendants
when their cases are called for trial
one week from today. Attorney w. f..
Ambrose represents the defendants and
last night he procured their release by
furnishing security in the sum of $1,000
for each.
Assistant United States Attorney
Ralph Given was consulted by the de-
tectives before the raid was made He
directed the issuance of the warrants.
Persons in the navy yard had not the
slightest previous inkling of what was
going to take place yesterday after
noon. the moves of the detectives be-
ing conducted with utmost caution.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-08-22

taxation exceeds government expendi-
lures.
Restoration Of Withdrawn Money.
al the present moment we have an
Illustration. since the Secretary of the
treasury is now putting back into the
channels OF trade money which the
excess OF taxation over expenditures
mas Withdrawn from business-an at
tempt to restore a normal condition
and to onset the stringency created by
such tax absorption. The Secretary, too,
acting strictly within the law. recog-
nlzes pank assets as the proper Sc
of us who have long commended for a
central bank and the other principles
above mentioned may rejoice that this
measure. approved by the administra-
tion. recognizes the truth of these prin-
ciples and believes in the necessity of
their embodiment into law"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-08-22
SPIRITUALISM.

MEETINGS MONDAY, WEDNESDAY,. FRIDAY,
pm. sharp; a message to each; daily read
ings. Mrs. J. z. MALTBY. SO7 Mt Vernon pl.
Nv. back Of Carnegie Library. Phone II. 37O6.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-08-22
SPECIAL NOTICES.

LOAN OF $1,000 AT Sc FIRST
mortgage on good business property; no brok-
ers. Box IS. Star office. "a
Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-08-22

ATTOMOBILISTS. ATTENTION!
Good road 10 Marlboro. via Good Hope Hill
and Walker road. turning sharp TO left al Camp
Springs through Centerville. Time. A. minutes
from Pennsylvania avenue
FARMERS, HOTEL. Marlboro Maryland.
The News-Herald. [volume] (Hillsboro, Highland Co., Ohio) 1886-1973, 1913-09-25

DIR. II. M. Brown arrived in New
York City Monday from Europe. In
a letter to Frank Ayres, written that
day, he stated thai the ship on which
he returned passed the ship on which
the horNes he had purchased were
shipped about 400 miles out and that
this ship was expected to land in New
York Tuesday. He said that he would
await the arrival of the horses and
would not start for Hillsboro until all
arrangements for their shipment from
New York to Hillsboro we're made and
that he would probably come on the
train with them. He expects to arrive
here Friday or Saturday.
The News-Herald. [volume] (Hillsboro, Highland Co., Ohio) 1886-1973, 1913-09-25

The friends of Miss Fannie Myers
and Fay Kincaid were greatly sur
prised last week when they announced
that they had been married In New
port, KY, on Aug. "a. Mr.. and Mrs.
Kincaid are making their home with
Miss Kate Hughes, on s. High street.
Mrs. Kincaid is one of the employees
of the Hillsboro Gazette. Mr.. Kincaid
is employed at Currie's Garage and is
a brother of Mrs. r. ID. Currie.
The News-Herald. [volume] (Hillsboro, Highland Co., Ohio) 1886-1973, 1913-09-25

Miss Lucy Helscher and Miss Bessie
Harris went to Cincinnati Friday,
where they will stay for several weeks,
Miss Harris having secured position
as trimmer in millinery store.