davidaulloa/AmericanStories huggingface dataset:
The Owosso times. (Owosso, Mich.) 1897-1926, 1913-08-01
M MA D CHARGES
! BANKS CONSPIRE
Depreciation Of Two Per Cent
Bonds Laid TO Plot.
ann TO IKCITE COUNTRY BANKS

Two Per Cent Bonds Mostly Held by
Latter Observation-Disclosures York In
stltutIons Seek to Create impress
sion that Currency Bill VIII In
jure Their Security.
Washington, July '29-Secretary OF
the Treasury William G.. McAdoo
charged that in fiuential New York
city banks are in conspiracy to de-
feat the administration currency bill.
He contended that the depreciation of
the two per cent United States bonds
below par is result of concerted eff
fort on the part of these banks and
1s intended to help them In their cam
paign against the currency measure.
Trying to Arouse Country Banks.
The secretary in formal statement
charged further that the intention Of
these big New York financial institu-
tons is, to incite the country banks
which hold about two-thirds of the
two per cents into opposing the ad-
ministration bill on the ground that it
will injrre the bonds and so cause
large losses to the banks.
The issuance OF Mr.. McAdoo's state
ment will lead to congressional in
quiry into the alleged conspiracy.
Mr.. McAdoo in his statement said
among other things:
1.-THE idea seems to be that the coun-
try banks which hold ato ut two thirds
Of the two per cent bonds and use
them as the basis fer their rculat-
ing notes may be Undue ed to unite
with the New York city banks in OPP
position to the bill If they can be
made to believe that the proposed cur
rency measure is going to injure these
bonds and cscse losses to the banks.
This is of course unfounded.
Value Of Twos Enhanced.
d "The secretary said that not only
had nothing occurred to impair the
value of the two per cent bonds but
that the amendment already adopted
by the banking and currency commit
tee Of the house enhances their IN
trinsic worth 1F52
The secretary spoke with amuse-
ment Of the grave statements sent
out from New York to the effect that
II the currency bill shall pass and
government deposits are put in the
federal reserve banks the two per
cent bonds now used to sec,Se. de-
posits will be thrown on the market
and their value thereby impaired. AS
-. only $13,90o,000 of the twos out Of
total of $730,SS2,1S0 are used to Sc
cure government deposits it can be
readily seen how trivial this Is.
Nearly all OF the twos are owned
by the banks. If the rice is marked
down IT Is because the banks them
selves are putting pressure on the
market and depressing the value of
their securities. The fault is their
own"
The Owosso times. (Owosso, Mich.) 1897-1926, 1913-08-01
Commits sioners' Notice

In the matter OF the estate Of Nellie A. Rob-
bins deceased. '.i. u '' ATT.
We the undersigned. having been appointed
by the Hon. Matthew Bush, Judge OF PROBATE
In and for the County OF Shiaws ssee State of
Michigan, commissioners to receive examine
sons against sal" estate, do hereby give notice.
that we will meet at the office OF Pulver g.
Pond, attorneys In the city OF Owosso in said
County on Monuay the 9Th day Of september
Novem Der A. ID. 1913 At ten O'Clock In the fore
noon OF each of sAid days for the purpose of
receiving and adjusting sll claims against said
estate and that four months from the nth day of
july A. D. 1918 are, allowed to creditors to
present their claims to said Commissioner for
adjustment and allowance.
Dated the It'll dav OF July A. D. 1918
VAN r. POND,
JOSEPH SPROULE.
Commits sioners.
The Owosso times. (Owosso, Mich.) 1897-1926, 1913-08-01

Aid, Palmer moved that the sidewalk com
mittee be instructed to lower the sidewalk on
the east side of South Washington street south
,se Trunk & 10
prevailed. ayes Reineke, Shuts, Stinson,
Wright, Palmer. Washburn; nays Mcdonald,
Conant Chavey.
Aid Conant reported that the dam placed In
the river bv the Owosso Sugar Company causes
sewage TO accumulate when y, water Ter Is nh low
Referred to the Board OF Health.
Aid. Chavey called attention to blocks loose
in West Main street bridge. Referred to the
Street Commissioner.
AID. Shuts moved that the City Attorney be
Instructed to prepare an ordinance compelling
all buildings within ths paved district to be
that ali other buildings be compelled to do the
same within one year. where there are sewers
and water mains constructed which prevailed,
ayes Reneke, Mcdonald, Shuts. Stinson,
Wright. Consnt. Washburn. nays Palmer.
Chavey.
Aid. Conant moved that the City Attorney be
instructed TO request q. A. Lowry to remove
brick from West Main street at once. which
prevailed.
On motion of Aid. Palmer the City Attorney
was Instructed 20 notify the Reliance Motor
perry 1t once.
Aid. wsshburn moved that the bid of q. A.
Lowry for construction OF curb be rejected and
certified check returned, which prevailed.
AID. washburn moved that the engineer
prepare an estimate Of cost of repairs to West
Exchange street bridge per specifications and
that the bid Of G.. A.. Lowry be laid on the
table for another week, which prevailed.
ON motion Aid. washburu the Street Com.
missioner was instructed TO cause noxioIs
weeds on private property to be cut ut once.
Aid. Stlnson reported that the new light to
be placed on Fayette Square is being placed on
the property Of the Episcopal Church. On
motion of Aid. Washburn the matter was
referred to the Mayor.
Aid. Conant called attention to the condition
OF the stone crusher. Referred to the Street
Commissioner.
On motion of Aid. Washburn the City At
torney was instructed 20 request the Ann
Arbor r. r. Co. to plank their crossings on
Gould street.
Aid. Washburn moved that the wall of
bridge on Ament street be continued to the
sidewalk to be paid from the fifth district
highway fund which prevailed, ayes Reneke,
Mcdonald, Shuts. Stinson, Wright, Palmer
Conant, Chavey. Washburn. nays none.
On motion Council adjourned.
]. II. BRANDED,
Mayor.
ARTHUR H. DUMoND,
City Clerk.
The Owosso times. (Owosso, Mich.) 1897-1926, 1913-08-01
M'LOUGHLIN WINS CONTEST
American Tennis Star Defeats Dixon
In Straight Sets.

Wimbledon, July 29.-The United
States lawn tennis team carried off
the worlds championship when
Maurice e. Mclaughlin of San Fran
cisco won the fourth and deciding
match in the contest with ENGLAND
for the Dwight F. Davis international
trophy.
Mclaughlin, the American national
Champion, was drawn against Charles
p. Dixon, and won in straight sets,
Sc, 6-3, 60.
The Owosso times. (Owosso, Mich.) 1897-1926, 1913-08-01
Commissioners Notica.

In the matter OF the estate OF James Ellis
deceased.
We the undersigned. having been appointed
by the Hon. Matthew Bush Judge OF Probate
In and for the County Of Shiawassee, State of
Michigan, commissioners TO receive, examine
and ADJUST all claims and demands of all per-
sons against said estate do hereby give notice
that we will meet at the ONCE of E. M. Miller
In the City of OYosso In said county on
Thursday the llth day OF September A. ID, 1913
and on Friday the l4th day OF November A. ID.
1913 at ten o'clock In the forenoon OF each of
said days for the purpose OF receiving and
adjusting all claims against said estate and that
four months from the 10th day of July A, ID.
1918 are allowed to creditors to present their
claims to said Commissioners for adjustment
and allowance.
Dated the 10th day of July A. D. 1913
E. M. MILLER,
THOMAS M. WILEY,
Commissioners,
The Owosso times. (Owosso, Mich.) 1897-1926, 1913-08-01
Commissioners Notice.

In the matter Of the estate Of James X.
Allen deceased. 90 iet III ETT-IT- q
by the Hon Matthew Bush, JUDGE of Probate
in and for the County OF Shiawassee, State OF
Michigan, Commissioners 70 receive, examine
and ADJUST all claims and demands OF all per-
that we will meet at the residence OF Otis d.
Mead In the Village, Of Henderson in said
County on Monday the 9Th day of September
A. ID. 1913, and on Monday the 10th day OF
November, A. D. 1918 At ten O'Clock in the fore
noon of each OF said days. for the purpose of
receiving and adjusting all claims against said
estate. and that four months from the 9TH day
OF July A. D. 1913 are allowed to creditors 10
present their claims to said COMMISSIONS rs for
adjustment and allowance. T.. Fa1' q
Dated the 9TH day OF July A. d. 1918.
OTIS y. MEAD
WILLIAM ]. MORRIS,
Commissioners.
The Owosso times. (Owosso, Mich.) 1897-1926, 1913-08-01
Notice

To dealers in coal, coke, wood, hay,
straw and ice. To comply with Section
5, Ordinance of Weights and Measures.
That each load of coal, wood, hay, straw
or ice, must be accompanied by certi-
ticate. giving gross, tare and net
weights, date of sale and name of pur.
chaser. F. M. REED,
Sealer of Weights d Measures.
The Owosso times. (Owosso, Mich.) 1897-1926, 1913-08-01
SIXTH IN CAMP AT CAPITAL
Chicago MiIitiamen Entertain as Town
Companies Move In.

Springfield, ILL.,, July 29.-The first
regiment not composed of Chicago
troopers to come to Camp Lincoln this
year-the Sixth infantry-succeede
the Seventh infantry, which departed
for Chicago.
The companies are recruited from
Rock Island, Geneseo, Galesburg, Oak
Park, Sterling, Moline. Dixon, Mon
mouth, Freeport, Galena, Morrison
and Kewanee. 49,,
The Owosso times. (Owosso, Mich.) 1897-1926, 1913-08-01

exc, Mcdonald. Shuts. Stinson, Wright
Palmer, Conant, Chavey, Wsshburn; nays
none:
Council Room, City OF Owosso,
July 20, 1913.
To the Honorable Mayor and Council:
Your committee TO whom was referred the
several claims and accounts would respectfully
report favorably on the following and ask the
unanimous consent CT tbs council that said
claims be allowed and the oity clerk instructed
TO draw orders for the same.
The Owosso times. (Owosso, Mich.) 1897-1926, 1913-08-01

JOHN j. MCDONALD,
W. A. WRIGHT,
ELMER b. SHUTS,
Committee on claims and accounts.
AID. Mcdonald presented the following bills
for expense on Mulberry street curb. Mulhall
Erb Co. SO 90; j. b. e. Castree $500, and
The Owosso times. (Owosso, Mich.) 1897-1926, 1913-08-01

Resolved by the Common Council OF the
City OF Owosso, that 1t 10 hereby determined
to be necessary public Improvement that
sidewalks be laid down, constructed and built
on the different streets and In 'front.' OF the
property above described and the material
and dimensions mentioned In the above report
OF the Committee on Sidewalks and Crosswalks
to be built and constructed according to the
terms OF an ordinance entitled, IAN ordinance
to provide for the building, construction and
repair OF sidewalks In the City OF Owosso,"
passnd and approved March 2Sth. 1910.
The Street Commissioner is hereb, directed
TO notify the owners and occupants OF the
premises obove described that the same will be
Quilt 'under the direction Of the City In &C
cordance with the terms OF said ordinance
after The expiration OF the time for notice
prescribed In said ordinance.
The Owosso times. (Owosso, Mich.) 1897-1926, 1913-08-01
PRESENTATION OF ACCOUNTS

Aid Mcdonald presented the claims and &C.
counts as noted below and on motion same
we're referred 10 the committee on claims and
accounts.
The Owosso times. (Owosso, Mich.) 1897-1926, 1913-08-01

moved that s2i.s2 be paid from the genera
street fund, balance from Mulberry Street
Curb fund which prevailed. ayes Reineke,
Mcdonald, Shuts, Stlnson, Wright. Palmer
Conant, Chavey, Washburn, nays none.
Aid. Mcdonald presented an estimate 10
favor of A. Geek on West Main street pave
| ment repair and moved that the bill be allowed
AZ e1277'6? which prevailed. ayes Reineke. Mo
Donald, Shuts, Stinson, Wright, Palmer,
Conant. Chavev, Washburn, nays none.
Aid. Uhavey presented the following report
and resolution. which were on motion accepted
| and adopted, ayes Reineke, Mcdonald, Shuts,
StiLson, Wright, Palmer. Conant, Chavey,
Washbnrn; NAYS none:
To the Honorable Mayor and Council Of the
City Of Owosso,
Gentlemen:
Your Committee on Sidewalks and Cross
IL is q necessary public Improvement that
sidewalks be laid down and constructed In the
City OF Owosso On the following streets and in
'front.' OF the following described property and
Il the material and dimensions hereinafter
described:
CEMENT WALK EoUR FEET WIDE ON THE SOUTH
.s,s.4s. sIDEoF AMENT STREET .s
NJ 4 Parker lot block 2. Geo Thomas End
MasRie Moore lot block 2, Geo Thomas 2rd
3 Carter lot block 9. Geo Thomas snd
9 Keriel lot block 2. Geo Thomas snd sd.
dition. ~ ~ ~ l7T-' 10
M Wendt lot and east n lot block 2, Geo
Thomas 2nd addition. '
Thomas 2nd addition.
Z = Hall lot 10 block 2, Geo Thomas End
addition.
CEMENT WALKS FIVE FEET WIDE ON THE
NORTH SIDE OF WEST MAIN STREET
m, Geo leo MoDoweil lot block II, A B o
=, Geo Storm lots (. s, block II. A L & B o
Williams addition
Maggie B. Storm estate lots 6, 2, 8, block II.
L & o Williams addition.
b Lotridge, lot 8, 10, block II. A L h b o
Williams addition.
John Ryan lots II, 49, IS. IA, Is. block 17,..A
l. q b Williams addition.
CEMENT WALKS FOUR FEET WIDE ON THE
WEST SIDE oE PARK STREET
Mulhall- Erb Co. lot 10 block !, A L Will
liams second addition.
J. M Terbush lots 2, s, 6. o. 10, block l, A L
Williams End addition.
JAS Gray lot block s, A L Williams second
addition.
g Stanhope lot block 6, A L Williams
End addition.
Robert Moore lot 8 block 5, A L Williams End
addition.
Dated July 2sth, 1918.
6. @. CHAvEY.
RAY STINSON,
The Owosso times. (Owosso, Mich.) 1897-1926, 1913-08-01
COMMUNICATIONS

The clerk read q communication from the
secretary OF the League OF Michigan Munich
palties arnounc ng the annual meeting TO be
hello at jackson Sr pit. IL, IS, 10. and Inviting
this city to be represented. Aid. Washburn
and the Mayor authorized to appoint delegates
which prevailed.
The Owosso times. (Owosso, Mich.) 1897-1926, 1913-08-01
. 3s976 "a

Respectfully submitted
ARTHUR d. DUMOND,
City Clerk.
The Owosso times. (Owosso, Mich.) 1897-1926, 1913-08-01
REPORTS FROM CITY OFFICERS

Aid. washburu presented the report OF the
Street Commissl Toner for the week ending July
26th and on molten same was received end
filed.
Aid. Wright presented the following report.
which was on motion received ana ordered
printed. fSr So -,
Owosso, Mich, July %, 1918.
To the Nav TT and Council OF Owosso, Mich.
= Gentlemen:
below IL u statement of receipts and dis
bursements OF the City of Owosso with q de-
tailed staJe ment OF the balances In various
funds July 1st, 1918:
Balance June LIST, 1918 44596 81
The Owosso times. (Owosso, Mich.) 1897-1926, 1913-08-01

The city clerk reported that the dog bearing
license tag No. 265 has been killed and the
owner asks for refund of license fee. Aid.
Chavey moved that he be refunded 81. 90, the
vote being ayes Reineke. Shuts. Stinson,
Wright, Palmer, oonant, Chavey, Washburn I;
over for one week.
The Owosso times. (Owosso, Mich.) 1897-1926, 1913-08-01
Lansing. July 25, 1918.

AID. Palmer moved that the Mayor appoint
committee of three to meet the representa-.
tive Of the Commission which prevailed and
exc and StlneOn.
The Owosso times. (Owosso, Mich.) 1897-1926, 1913-08-01

lRoN HENRY ST. OPENING FUND
Pulver w
The Owosso times. (Owosso, Mich.) 1897-1926, 1913-08-01

Resolved by this council that the city at.
torney be and is hereby designated a. the per.
son 10 designate, regulate and fix the location
OF all poles OF the public utility companies
doing business In this city under and by virtue
of the ordinance regulating the use OF the
streets by such companies.
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1913-11-28
Buck Fever and Buck Shot.

Duluth Herald: The annual quest
for big game is on in forest and field,
and with it's passing is again empha-
sized the fact that the season is mark
cd by greater mortality among hunters
then hunted. With but two days gone
in Michigan six deaths of hunters were
reported, and Maine, Wisconsin and
other northern and western states can
produce records quite as bad.
Buck fever seems to be the principal
cause Of the witless slaughter. Man,
confronted or believing he Is confront
ed for the first time by deer or bear,
feels the chill Of n the
ague Of fright creeping up his spine,
his fingers tWitch. his rifle barrel waV-
ers, and he fires into the surrounding
scenery with the random recklessness
Of a Whirling machine gun. He mows
down everything within range except
the animal he is supposed to be stalk
ing.
At present there appears no cure for
buck fever other than the disarma-
ment Of those who cannot produce
doctors certificates showing they ara
so constituted that they would never
fall victim to fright, nervousness or
quickening Of the pulse. And that
would mean an astounding reduction
in the number OF hunters.
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1913-11-28
-t@ @#--Es# .. .G-... ." "
Daddy sBedtirne
c. The Spiders
DLOF v ~~~~ Home For
~ The Cocoons.

"%\ H, daddy" cried Evelyn is she heard the front door close, "come up
A here quickly, hurry. There is a huge spider in the room, and I am
SO frightened I don't know what to do" Daddy hurried upstairs
"fratd cat" but Evelyn refused to be comfored in such a way. When
daddy reached the room he found her very neal the door and al far from the
window as possible. There he is On the window sill, walking round and
round with a piece If thread, and he is So bgr'
You know" said daddy after he had watched the spider for a moment
when I was a little boy the ne thing I was frightened of wal a spider, 8
Jack mustn't make fun IF you, for you see wen little boys aren't always 81
very brave One morning l got up very early to find sonnec ocoons 1 thought
were In the orchard. 1t took some time to find them, and 1 had to hurry back
with them to the nursery before could even find a bx to put them in, a l
knew I would be late at school If I stopped any longer When noon came I
hurried home as fat as l could, and what was my horror when l found an
awful spider had begun to spin a web around my treasures I was too afraid
Of the spider to take away the cocoons, and for several days I did not go near
that part Of the room, but I began to find he wasn't such a terrifying creature,
after all, and finally watched him with the greatest interest He was a very
hard worker, and when busy nothing could disturb him. His web grew and
grew and looked very fine when it vas finished. In a day or so he brought his
family tx their new home, and meantime the cocoons weres sleeping peacefully
underneath. In time they turned out ito be the most beautiful butterflies and
evidently had enjoyed their home with the spider, for they looked 81 -four
fishing.
very industrious, and, best of ALL they were sc hosphabe to the cocoon family
"There are great many different kinds Of spiders, and all of them are in
tresting. Wherever we go W seem to find their webs, and you al tell by the
kind of web the sort of spider that made it."
Evelyn was 10 delighted to find that daddy had once been afraid of a spider
that she began to loose her fear, and she walked nearer and nearer to the
spider, watching him carefully as he was building.
And now you're lot afraid any more" said daddy, "are your
"No," Evelyn cheerfuny replied.
Jack beaned with pride at his ssters courage. Pm not afraid of spiders"
he said.
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1913-11-28

were enabled to make loans more
freely for moving the crops, their de-
mands upon city banks were thereby
lessened. the strain on the whole
money market was eased, with the
result that at Chicago, New York,
and Boston, money at this moment is
considerably easier than it has been
in months.
Let us hope hat the reform of
congress, together with the farm
banking and currency, now pending in
nance system to be considered by
congress after New Years will still
further improve the situation.'
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1913-11-28

erful old feudal game of highway rob-
berry,
You then proceed to show that our
enterprising sister state collected in
ran taxes in 1912 in the sum Of
$413,266, while it paid out for super
vision only $21,403, and you designate
the difference between these sums as
net velvet
During the year 1912 the state Of
North Dakota collected Of. railroad
companies owning and operating prop
critics within her borders the tidy sum
Of $1,S9o,oOo, and paid for supervision
Estate railway commission) the measly
sum Of $14,400.~ And the railroad COM
panies do not appear to be greatly
perturbed over the situation, at that.
ut is true, Of course, that railroad
property is rather more' tangible than
an agency plant for instance; but on
the other hand it should be remember
ed that a railroad company pays per
fectly good money for it's r~ight-of-way,
road bed, rolling stock, etc. But is
there, after all. an essential and fund.-
mental difference between taxing m
company for the privilege Of operating
"a railroad and another company for
the privilege of selling life insurance?
And doesn't Jones-in other words, the
peop1e-pay the freight in either case?
"Of course I know that insurance
Icompanies-or at any rate insurance
journals--insist that the imposition of
Ia tax on insurance premiums in ex-
cess of the cost of maintaining the In
|surance department is, as o suggest,
not merely plain thievery, but highway
robbery of the most feudalistfc sort.
And yet, o surely will not a the
hardihood to claim that the duties and
functions Of an insurance commission
er or of his department. are essentially
different from those of railroad com
~missioners and their department.
II am inclined to believe that a tax
on insurance premiums is justifiable on
the ground hat the state furnishes a
Iready-made market in, which to sell
that commodity. Personally T am com
ing to feel that the single tax theory
offers the best solution Of this vexa-
ltious problem of taxation; but under
present conditions I have moi been able
to accept the dictum of our insurance
journals that a tax on insurance pre-
miums Is highway robbery.
"The insurance department is but
one of many departments, having its
own peculiar, functions, but merely a
cog, nevertheless, in the governmental
machinery. Its relations toward the
public or the body polite are not diff
lferent from that of any other state
department. Why, then, should the
taxes paid by Insurance. companies be
segregated from the general fund and
used merely to defray the cost of main
tanning a particular branch of the
state government? I ask to know
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1913-11-28
COLD STORAGE NEXT.

The government will now, accord
tigate the cold storage.
If there is any 'combination in re-
straint of trade" anywhere in the
United States, the gentlemen Of the
cold storages ought to be conceded to
lead all the rest.
Properly controlled, the cold stor-
age ought to be an incalculable help
to the housewife. 1t is one Of the de-
fects Of nature that most good things
come in heaps and m~ultitudes. For a
time, under natural conditions, most
things might be had cheapIy and in
abundance; and after a brief period,
they would be entirely gone.
But when the cold storage mag
natures riches throughout the entire
twelve months in the year, but also fix
the prices so that commodities are
high, even during the period of their
production, there Is needed some sort
Of Interference.
If there were no argument other
than that afforded by the government
reports of tons Of meat and e e con-
dcmned every year, from having been
held too long in storage, solely be-
cause the prices asked for them we're
cXOrbitant, the public would make no
mistake in a~ttributing to the storage
companies a good half Of the evils
commonly described as the high cost
Of living"