davidaulloa/AmericanStories huggingface dataset:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-04-13
MONTENEGRO AND sERvIA

II is the announced programme of
King Nicholas of Montenegro to re.
sign his throne in case he is denied the
possession Of Skutari, and if his little
kingdom is 10 be held within the same
boundaries as before the war began.
1t is subtle programme that is thus
disclosed, which is likely to be quite
as displeasing TO Austria as was the
Servian programme TO obtain the port
Of Durazzo on the Adriatic. Austria
bluffed Servia off from that pro-
gramme, and Servia yielded with a very
bad grace. But if Servia is to get
Montenegro, she will thereby get q good
port on the Adriatic and receive a
stronger accession TO her power. both
IN territory and in warlke inhabitants,
If the Montenegrins agree to cast their
lot with the Servians, than If she had
held part Of Albania. and Austria Will
find a barrier stronger than ever
against her southwark advance
Ii really looks as though there might
haVe been secret understanding be.
tween Servia and Montenegro from the
first, that ii Austria succeeded in head.
ing Servia off from access TO the Adri.
attic, and hemmed Montenegro in as pro
posed, some such arrangement as King
Nicholas now threatens would he car.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-04-13

vide means whereby currency can la
issued on securities that are undonttI
edly valuable, and negotiable ordinarily
in the usual course Of business.
Mr.. Cannon IS suggestion 70 allow the
clearing house interpretations to issne
currency ia not in the least lilely ~
be approved, but modification Of nj.
proposition is clearly practicable. The
treasury has the S500,000 900 emsr..
gency currency already prepared. n
tho clearing house associations weYe
incorporated, as President Cannon suv-
gests, they could certify to the Sscre.
tary Of the Treasury their approval a.
securities, and receive from him the
currency which the law could perm;f
to be issued thereon. That is to saw.
provided the clearing house association
of New York, for instance. would cer.
tify to tho Secretary Of the Treasurv
that 1t would deposit in the sub-treasurv
Of New York approved collateral Ia
the amount Of o0oo0,o00, the secre.
tary could safely be authorized to Is.
sue to the clearing house association
eighty to ninety million dollars OF
currency until the need for money wa,
supplied, up to the 100000, ,O0O a,
even moro at need.
The suggestion OF President Cannon
therefore, Is valuable one as lendinr
10 moro perfect means whereby the
pressure for currency could be relieved
with entire safety to the public and
TO the business interests of tho com
munity involved, and Of the countr,
at large We consider that plar
substantially like this would be moi
only wholly feasible, but entirely safe
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-04-13
CLEARING HOUSE CURRENCY.

Tho pernicious habit OF the banks
of withdrawing currency and coin from
circulation, and substituting CASHIER
checks for money, has been common
experience Of the public In recent times
whenever panic was on or was
threatened. The irresponsible nature
of this refuge has been pointed ont
from time to time, and many propo.
sitions have been made to do away
with so irresponsible and dangerous
remedy for financial panic. The
Vreeland bill, which provided for cur,
reney associations, caused the Score.
tary Of the Treasury to prepare $780,
100000 OF bank currency to be issued
on approved securities whenever a
panic came that otherwise would have
caused the locking up Of money; but
there is no likelihood Of that bill be-
ing continued much beyond the time
limitation fixed in its enactment. Still,
the. currency prepared under Its pro-
visions is ready, under tho hand OF
the Secretary OF tho Treasury. What
shall be done with 1t is the aues-
| ton
We see that President James G. Can.
non Of the Fourth National Bank of
| New York has come out souarely in
! advocacy of the incorporation Of clear.
| ing houses and of entrusting clearing
house corporations with the issue OF
emergency currency when a crisis comes.
| He shows that upwards OF $236000. 900
in clearing house loan certificates were
issued during the panic of 1907, and
| that these were all redeemed without
the loss of a single dollar. Granting
| that to be true, there still remains
the element Of danger in the irrespon.
sible character of such issues The
confidence Of the clearing house asso-
Citations themselves in their ability TO
carry and redeem the cashiers checks
provided the money is all locked up in
their vaults Is one thing; but to re-
store confidence to the public. and to
afford the public the money which it
needs, is another matter altogether
| w 1dl 10 "duled Is uUG uUY SQp1
limiting Of resources as the currency
| associations issue in the form of cash.
ier's checks. What the public wants
is actual currency, money that can be
used in ordinary business channels, not
only for the payment Of local debts and
accounts, but for the transmission Of
money to other points In the United
States, and abroad. The checks issued
by authority Of the clearing house as
sociations are Of very limited useful
ness, and ought not to be depended
upon for relief In times of stress.
President Cannon s proposition to
have the clearing house associations,
after incorporation, empowered to issue
currency, would require too drastic a
change in the laws, and would be open
to the objection that no public respon.
sibility attaches to the issues In times
of stress there Is always an abundance
Of collateral security, but the money
| is retired. What is needed is to pro
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-04-13
AMERICANS SLAIN IN MEXICO.

II has been assumed since the muir
der OF Madero that Provisional Presi-
dent Huerta would be able to pacify
Mexico and restore peace and order.
The presumption was that the army
would be true to Huerta, and that it
would be in sufficient strength to re.
store peace and orderly conditions.
There seemed to be good prospect Of
this upon the announcement OF OroZco
that he would adhere TO the Huerta
government
But that expectation now seems IL
lusory. Huerta is not making progress
in restoring peace and order. On the
contrary, the country is in greater dis
order than ever before. The revolu-
tionists are not combined 10 any OK
tent, but they are so strong in so
many different places that the govern
ment is unable to suppress their activ-
tiles, and thus Mexico is prey TO an
archy and chaos.
SO far as this country is concerned
it justly objects to the conditions IN
Mexico, especially where American lives
are taken and threatened, though we
must not intervene. We Justly re,
sent tho shooting across the border
where American citizens and soldiers
are killed or wounded, and it would ac.
cord well with American sentiment il
| American troops when thus fired upon
should defend themselves and punish
the aggressors even if they have to
cross the border to do it, without re
gard to which party, the Federals OF
the Revolutionists, docs the shooting.
With regard to the killing Of two
American seamen at Guaymas, it ap
pears that those seamen were required
to leave their arms on the vessel when
| they went ashore on leave. Going
ashore they possibly got drunk and be.
came quarrelsome, then were shot down
by tho chief of police. 1t appears tc
us that the regulation requiring seamen
from American fighting ships to dis
arm on going ashore ought to be re.
laxed in cases where they go ashore at
Mexican ports in the present disturbed
state of feeling, for to send them un.
armed amounts simply to sending
them to their death, They should either
be refused shore leave, or if shore
leave is granted, they should be allowed
to go armed. 1t is not fit that Amer
lean seamen should be a mere target
for Mexican bullets fired maliciously
and in cowardly manner, the assassin
well knowing that the Americans are
unable to defend themselves. This is
condition that ought to be altered
by allowing seameu to carry arms
whenever going on shore in Mexican
ports, this for their own safety and
protection.
1t is very doubtful if Diaz. who is q
candidate for the Presidential office
viii have any greater success than
Huerta has had in restoring peace and
order to the country. We believe. as
we have frequently stated, that the only
salvation for Mexico is for the people
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-04-13

The commercial agencies report trade
as irregular, owing very largely to the
tariff agitation. In the East the pri~
mary textile goods markets are IN a
waiting stage, and some Of them are
much unsettled, with little doing from
fears of possible tariff changes. Re
tail trade and farming operations have
been checked to a considerable extent
by floods, rains, and SHOWS, though
iobbing trade for the current season
is quite active, but future trade for
distant places is closely restricted to
conservative limits. The reports from
the winter wheat are unusually good,
Many railroads and industrial cen
ters are not yet recovered from the
effects of the great floods in the Ohio
valley, Readjustment Of the tariff
now in progress produces more or less
hesitation in some trades, but in spite
of these two unfavorable factors there
IS no indication of permanent set
back in business. Bank clearings for
the week showed per cent under those
Of last year, but 81 per cent above
1911. Tho prevailing dullness in the
speculative markets accounts In part
for the decrease.
Railroad gross earnings in March
were 5.56 per cent better than in March
Of last year. The pig iron output dur
ing March showed falling off from
February, while the Steel Corporation g
untitled orders at the end of March
were 49,, 1853 tons less than at the close
Of February.
The Boston wool market is reported
rs unsettled with prices irregular.
Manufacturers are keeping close watch
Oh the markets, and are attempting to
buy on a free.wool basis. In cases
where actual necessities prompt the
buyer ''he will pay the dealer g price
as rule, since only limited offerings
OF good wool are available"
In stocks, the tendency is still down
ward, and the market is weak
Altogether, the situation is one TINT
is fairly well grounded. and if it were
not for the tariff agitation there would
DC no doubt Of continued prosperity
throughout the year As it is, much
will depend upon what is done with
the tariff schedules. and the country
Will have 10 wait the action of the
politicians in Washington before it can
get again upon q thoroughly wel-set
tied basis.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-04-13

The st. Louis Drainage Convention
represents a National movement OF
ihe highest order. II should never be
allowed TO stop until all of the rivers
OF the country are systematically aud
SAiiifuIly treated so that floods will
be 4 benefit instead of curse. and
Inc peeopie made secure in their per
sons and property, despite the vicissi.
tudes OF the seasons.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-04-13

reduction Of dividends OF the Penn.
sylvania Steel Company is announced
OF from to 5 per cent. so that the
company can spend s3,000,O00 year
Tor three years on new equipment, is an
encouraging bit of news. Evidently. in
no fear OF free iron and steel in the
thrift bill.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-04-13

Governor Hodges Of Kansas, Demo
crat, has appointed fourteen newspaper
men to office Oh, well, if he wants to
weaken the Democratic press of that
State that way, the Republicans have
no reason to object
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-04-13

AZ the election in Michigan last
November. woman suffrage was defeat.
Cd by very close margin. The ques-
ton was voted upon again in that State
on Monday last, and the suffrage de.
feat was severe. News from England
bad influence, il is said.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-04-13
THE TRUST
COMPANY

Is more cautious
than the individual;
moves more safely
and has an invalua-
BILE reputation which
its managers are
ever Jealous to pro-
tect and enhance.
The Trust Com
pany's charges are
N ore reasonable
than those Of the
individual, for it
has its own office,
every facility for
performing nj a y
duties that ordinari-
ly would have to be
given out to others
at heavy expense.
Let US look after
your trust affairs.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-04-13

The English suffragettes specify fiji.
teen indignities in the church marriage
service, ranging from "false' to "hu-
initiating and ''peruicious. But as
TO brute OF man invites them to suffer
those indignities. what does it matter
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-04-13

The State Factory Investigating Com.
mission OF New York recommended and
the Legislature complied, the enactment
of a law directing that seats with backs
be provided for mattresses in hotels and
restaurants. This should be followed by
another law that they should sit right
down and cat with the customers. For,
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-04-13

A rubber company has raised its
dividend on common stock, Has 1T
found some corner of the earth where
il can enslsve and drive native popu-
latiop to the collection of rubber with
whips and tortuTe7
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-04-13

The recent primaries in Indianapolis
were practically unattended except by
those whose only business is politics -
The same condition prevailed in Boston.
Evidently the primary as cure for
boss rule is the worst boss rule Of all.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-04-13

Word comes that Washington folk
are remodeling the old Pres idential
stories 70 fit Wilson On which a Demo.
cratic contemporary makes the fit com
nient "They II have to shrink 'em
down from the Taft size Sure enorch
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-04-13

The strike in Belgium, scheduled TO
begin tomorrow. will be a staggering
blow 10 the industries and prosperity
of that nation. In this case, as in so
many others, il may be that trade
lost can never be recovered
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-04-13

=, Dr.. Friedman seems we'll disposed,
and charitable also. He may be char
,latan as suggested, but surely he is an
amiable one.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-04-13

similar to that of the poker.player who
couldn't expect diamonds when play
ing with named antagonist. but kept
his eye peeled for clubs.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-04-13

"Movies' will show how to take
care of the teeth. But what will show
how to pay the dentists bills! Or,
amt there going to be any dentist IS
bills when the teeth are thus cared for z
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-04-13

1t is slightingly said that "They
can t see Jokes in England But what
with the suffragist "war'' and the
contemplate demonstration against lit
tic Montenegro, it would be hard for
anybody 10 see Jokes were anybody"
in Englishmen 5 place. Their case is
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-04-13

The public market on Second West
street, between South Temple and First
South, conducted for some years past.
is TO be opened again this season. And
it ought TO bc more comprehensively q
retail market than it was last year.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-04-13

to join unanimously in call upon Por-
firio Diaz to return, take mp the reins
of government again, and restore peace
and order to his distracted country.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-04-13

4 project is on foot to erect monu'
gment TO Molly Pitcher Of Monmouth
And monument TO her is well deserved,
irresnectiYe of suffrage pleas.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-04-13

Kaiser Wilhelm is said to have asked
permission to inspect the Notifications
OF Gibraltar; which is good deal like
rubbing salt on .'that sore spot
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-04-13

& Postmaster General Burleson is said
TO be about ready TO begin "swing-
ing the axe. And the waiting ones
are tense with anxiety some in shiver-
ing dread and others in joyful antici-
nation
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-04-13

Volcanoes in southern Italy are re-
ported as showing activity. Perhaps In
jealousy at the uproar on the other side
Of the Adriatic.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-04-13

how can a waitress wait, il she sits in
a chair "with a backf'
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-04-13
Sunday, April IS, 1913.

Is this our famous "settled weather
at lastf
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-04-13

Building operations are opening out
strong with the better spring weather,
There is an enormous building demand,
and the plans for building are being
continually added to. The $4,000 dor
mitory which the Episcopal church, un-
der the stimulus of Bishop Spalding IS
activities, is to erect for housing young
men who attend the University, is the
latest of large structures in contem.
plation. The progress making on the
east side high school is fine, and the
walls are beginning to loom up in good
view from ali directions. The admin
istration building of the University is
also getting on.
The capitol commission Is getting
buster than ever before in completing
it's plans for the capitol structure.
There is coming to the commission with
the fuller investigation and understand
ing of the needs of the capitol and the
desirability Of putting up a slightly
structure, determination TO eliminate
all mere e1crescences and make it a
oO4AN, I'LL ooic Oh VI WHICH inc
people of the State will always be
proud. Sham pillars, furbelows that
mean nothing, and disfiguring com
monplace, we are glad to hear is likely
to be eliminated and the capitol made
real structure in place Of a sham or
makebelieve. It is n sure thing that
the people OF this State would never
forgive the commission for sham and
shabby work. The people want reality,
and not mere semblance; they want
substance, not pretense; and we are
glad TO hear that this sentiment is be-
coming unanimous in the commission
The State capitol is not structure
that is to be torn down in the course
Of ten or twelve years. but the intent
OF the public undoubtedly is 10 have
it structure that will be a Joy 10 the
people of tho State. ornamental as well
as useful. and that will last. as built,
for at least fifty years, and if prop.
erly built Just as much longer as the
substantial nature OF the construction
will insure
The real estate market in this city
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-04-13
THE SALT LAKE TRIBUNE SUNDAY MORNING APRIL 49, 1913

was enlivened during tho week by the
purchase of the fino Gilmcr property,
in the southeast part of town, pro-
gressive deal. Realty is always firm
in prices here, and the anticipations
of the realty dealers for a brisk season
in view OF the comparative cheapness
of Salt Lake real estate are likely TO
be realized. The prospects are excel
lent for a prosperous trade in this
business.
| The new first Pacific Limited train
was given q warm welcome during the
week In this city. a delegation going
to meet it at Lynndyl.
The passenger men OF the different
railroads entering Utah met during
the week, and decided on summer
rates They also decided to offer spe-
cial rates to all parts of the State and
return during the n. E. A. conven-
ton. Tourist rates are TO be made
more enticing than ever before.
The passenger men are planning for
a unique attraction for those passing
through here on the way to the Pana,
ma Pacific exposition.
Many State representatives are pass
ing through Salt Lake City to various
points in Utah and Nevada to look
after shipments of wool.
The Utah Light & Railway manage
ment prepares to put into service
"paysas- -you-enter cars on two lines
In this city as an experiment.
A decrease Of 1S,o32,o2S pounds Of
copper during March in the domestic
stocks was the principal feature of
the American Copper Producers state
ment released early in the week An
other encouraging feature was that the
total export and domestic delivery in
March was 154,2s4,777 pounds, as com
parced with 131, ,ol5 pounds in Feb
ruary. Stocks in the United States on
April 1st measured 04,260,270 pounds,
which is not considered excessive.
The release of these figures has had
a favorable general effect upon the
copper market, and a slight increase in
price range is noted There are some
authorities, however, who assert that
the large export deliveries in March
are not suggestive of consumption, for
there was considerable shifting Of
copper metal during the month from
America to Europe, as some carriers
had given notice that ocean rates
would be increased on April 1st. But
the favorable character Of the sta
tistics when not too closely studied,
indicate a decided improvement in the
copper metal situation, and the actual
conditions unquestionably are better
than they were,
Copper and silver have been in
creased in value during the week. al
though both are below their 1912 aver
age as yet. Lead remains firm at S4.35
per hundred pounds. Spelter again
was the weakest metal on the list, 60
ing below the low point of several
years. This recession in the spelter
market is being severely felt in Utah,
many companies receiving SS per ton
less today than they did three months
ago,
Weather conditions have favored the
isolated mining camps throughout the
week, and the roads over the State are
being dried out by the steady sun
shine, and ore shipments should be
made now with less expense and delay
than earlier in the spring. All condi-
tions at the various smelters are favor
able for a successful summers work,
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-04-13
BUSINESS AND TRADE.

The opening Of spring has given
good impetus to business in Salt Lake.
The merchants report better trade than
merely satisfactory. For some time
past the weather has been unsettled,
and while trade was brisk 1t did not
reach the volume that 1T would have
done with good open spring weather.
During the past week, however, spring
appears to have come in for good, and
trade is correspondingly heavy. Sew
eral big institutions report that trade
for the past three months has been
considerably better than it was for the
same period year ago, despite the
fact that the weather was more pro-
pitious last year than it has been so
far this year. One big clothing estab-
lishment reports that its business for
the past three months is 10 to 15 per
cent heavier than for the same period
of 1912 Another big institution, which
handles both wholesale and retail trade,
reports that retail business has held its
own as compared with former years,
while the Wholesale trade has shown
considerable advance.
During the better weather Of the
past week, department stores, milli-
merry establishments, dry goods stores,
and implement houses report excellent
trade. There has been big demand for
women s suits, muslin underwear, lin
ems, hats, oxford shoes, white waists,
and other accessories to ladies apparel.
Hardware and other stores that deal
in garden implements and sporting
goods report an unusually heavy week.
The demand has been especially for
baseball supplies of every kind. Fur
niture stores report a heavy trade,
with buyers taking a greater va
riety and q higher class of goods than
usual. "We have had tho biggest and
best trade during the past week that
we have had In years." is the way
the manager Of one large establish
ment puts 1t. Clothing stores report
heavy trade, and all lines Of business
appear to be unusually prosperous in
this city at the present time.