davidaulloa/AmericanStories huggingface dataset:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-19

mating against the Federal reserve
notes for State bank reserve purposes,
and there IL very valid reason, II Is
an argument which tells even more
forclbly against the bond secured bank
notes Neither kind Of note appears
to be admissible to the reserves Of
member banks in the Federal reserve
system, and there is no good ground
for permitting the quality Of State
bank reserves to be inferior to Federal
bank reserves
Indeed there Is special danger at.
taching to the continued sanction Of
the national bank note as At money for
reserves In State banking institutions.
The Federal reserve act Is lamentably
defective In respect to its dealings With
the national bank notes. Not only does
II fail to provide for their definite re-
tirement but 1t seems to afford facili-
ties for persistent expansion Of the
volume Of bond secured notes in circu.
lauon. That being the case. the Van
Tuyl commission should certainly con.
slider the ACCESSIBILITY Of adding the
bond secured bank notes to the forms
Of currency excluded from State re-
serves.
Neither such notes nor Federal re-
serve notes should be admitted any
way, because both are merely promis.
sorry kinds Of money. Here in New
York State bank reserves should be Of
the highest quality. The bulk OF the
banking burden is going TO fall on the
country's financial centre under any
system, and New York State will con-
tinue TO contain the financial centre OF
the United States under the Federal
reserve act. There is already enough
promissory money in the land in the
shape OF greenbacks and silver which
Is available for banking purposes with.
out admitting other kinds TO reserves.
IL Is time To exclude some Of Il, and the
Van Tuyl commission has a splendid
opportunity TO contribute to financial
stability In New York State for the
benefit Of the entire country.
No one knows at present how the
Federal reserve act will work and
whether It will operate to facilitate
exports Of gold. but there Is some war
rant for thinking that 1t will have pre-
cisely that effect. New York should not
assist process which will conduce to
the composition Of bank reserves OF In.
creasing mixtures Of currency inferior
to gold.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-19
WAKE EN- ".
4 Besn and Ticket while r. n. Nuzzlss
In the jungle

To THE EDITOR OF THE SuN-Ssr: When
II comes to sizing up a political situation
L. X. has all the near" politicians and
that Is the only brand now amusing the
public. hopelessly distanced. When he
started for South America he knew that
long before he returned the people would
be In a frame Of mind to proclaim ~
plague O. both" the old political parties.
In this state they are not only pro-
claiming they are shouting from tn,
house tops. They want a leader who will
smite Democratic incapacity. greed and
hypocrisy enthroned In Albany with AS
mighty a fist as he will knock silly the
puny Republican micawberism OF Barnes
as exemplified by a do nothing to hurt
Murphy Legislature.
Here IL the ticket that Ii going to mean
for the citizens OF New York a real new
birth OF freedom. For United States
Senator. Theodore Roosevelt: for Gov
ernor, Panama Canal Builder Goethais
OF Brooklyn, for Comptroller, "Fightins
John" Hennessy: for Attorney G enerai
Charles Success whitman: for Secretary
OF state. former Insurance Commits sioner
Hotchk!ss. the big gun among Hughes
Republicans for State Treasurer, Oscar
Straus. scholar. diplomat statesman and
philanthropist for State Engineer. lie,
Cornell University the pet institution OF
the New York State farmer) furnish q
man satisfactory to Colonel Goethais.
This ticket IL given to THE SUNS read.
srs by grapevine wireless from the plains
of Brazil. where the man who In always
hrst In war. first In peace and first In
the hearts OF his countrymen is now prac.
tising the Innocent art OF the naturalist
but In reality is training again 70 take hi,
rightful place. rrst In the front row
among the seats OF the mighty.
With T. X. leading the van the man Al
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-19
what should he Done with Castillo?

The capture by American cavalry
linen Of MAxIMo CASTILLO, the Mexican
outlaw who is charged with setting
hre To the Cumbre tunnel and causing
what may b. termed II holocaust in
which fifty-one persons, including ten
Americans, persisted, presents some
awkward questions lie could not very
well he eXtradited TO the Huerta Gov
eminent. II 1t wanted him, because the
Wilson Administration has not recog-
nized HUERTA; nor would the delivery
Of CASTILLO tn General VILLA he regular
or defensible. although Mr.. BRYAN has
secured from VILLA promise TO pro-
tect the Spaniards at Torreon who fall
Into his hands.
We'occupy toward both sides In Mex.
leo a false position, having quasi-offi-
cial relations with each, hut sticking
to the contention that. on the one hand,
General HUERTA Is not the legitimate
President Of Mexico. and on the other
hand that though the Constitutional
lists are combatants they are not bel
ligerents in our sight. Therefore every
complication that arises is IA sort of
Goriian knot
Shooting i too good for CASTILLO II
he is responsible for the Cumbre hor-
ror, but the United States can neither
shoot nor hang the fellow with the
sanction Of its courts; and as the
/ United States Is not at war with either
| Federals or rebels, martial law cannot
/ be executed upon the person Of the out
! law. CASTILLO, who calls himself an
agrarlan agitator and is so described
: In the sheet known as the Emilidnd
/ Zapdtd, published at Dallas. has de
MED that he set fire to the Cumbre tun-
mel with the design of destroying the
lives Of passengers on the train that
took fire from the burning freight cars
In the tunnel, but obviously his fligh,
was confession Of responsibility.
The guilt OF the miscreant may bC
presumed and he would pay the pen
atty II General VILLA could get hi
hands upon him. VILLA has two score,
to settle with CASTILLO, as the muir
derer Of Americans whom the Constitu
tionalis:s desired for their own inter
rs.s 10 protect, ana as a rebel against
the ConstltutiOnalists themselves, FOL
tie Dallas Zapata organ ihveixh,
against General CARRANsA in every In
sue. But 1t Is not the business or tn,
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-19
This statute Ridden Public.

OF the 56,973 statutes that New York
Legislatures have passed and New
Fork Governors signed great many
were appropriation measures and a
large number were repealers. VI the
Sthers not a few were private bills.
Some conferred special charters on cor
porations. Deducting all these from
he total. Il will be found that a vast
number Of unnecessary, meddlesome
and impractical enactments have been
written on the books to crafty some
passine within. to meet the reformatory
zeal of some hot patriot, to cater to
some division Of the electorate.
The year 1910 saw 707 new statutes
1T loose on the public; the next
year the Assembly aud Senate put
through 0O3 bills which the Governor
approved; in 1912 the total reached
o63. Thus 1t appears that the thou
sands Of laws enacted UP to the be-
Ginning Of 1910 were 10 III adapted to
the needs Of the State, ne impressed on
lawmakers and Governors. as to rem
der II necessary to pass 2,183 statutes
in three years. Does any sane man
believe for an instant that any such
mass of legislation was actually
needed or indeed could be productive
Of any particular goOd2
II we could have period OF rest
from law making, with energies devoted
TO law enforcing. the State and all its
people would be gamers Could the
Legislature appropriate for ten years
adjourn and be kept from approaching
Albany for that period, what blessing
Il would be. In the seasons between
sessions we might learn what laws
were good and which were useless: that
q legislative enactment remedies no
civic Ill. and that annual sessions are
4 curse to the community.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-19
New York state Bank Reserves

Work as interesting as It Is important
10 being done by the so-called Van Tuyl
commission which Is preparing a re-
Vision Of the banking laws Of New
York State, and progress has been car
s3ed far enough to permit the publ
cation OF counsel's draft of large part
q the proposed code. Attention fastens
q various timely features. including
khose providing for savings bank sur
paus and for regulation Of private
bankers, but at the moment nothing is
more interesting or more important
than the recommendation OF the COM
mission which recognize the new Fed
Gfal reserve act and It's relations to
the business Of banking under State
charter.
Under this heading notice IS promptly
engaged by the commendable changes
en reserve requirements which assimi.
late them with the corresponding ex-
actions Of the Federal reserve law; hut
there Is one stipulation in the commits
edon's recommendations which should
provoke discussion and ought to he
amended before the commission ends Its
labors. 1t is set forth that
eat least one-half OF the reserves on
hand shall consist OF gold. gold bullion.
. eold coin. United States gold certificates
Or United States notes. and the re-
unasnder shall consist Of any other form
Of currency authorised by the laws Of the
United States. other than Federal re-
Serve notes"
While the commission Is about It a
better job can be made Of the task Of
safeguarding the quality Of State bank
and trust company reserves. The Fed
eral reserve notes, which are to be ex-
pfessly excluded. constitute II new patch
on the American currency system which
the Federal reserve act does not by
any means reform. II Is proper to ex-
clude them from state bank reserves
and the Federal reserve act seems to
contemplate their exclusion from mem
Der banks IN the Federal system, al
though this Is not al all certain and
may depend on the construction Of the
act by the Federal Reserve Bourd.
Why, however, should the Van thy
commission object to the Federal re-
serve notes without object!ng to ma
tlOnal bank notes as reserve money
As n matter Of fact the Federal re-.
serve notes are on their face safe,
currency for. reserve purposes than arr
the national bank notes issued on tn,
SECURITY OF Government credit and IN,
keneTil credit OF the banks. The Fed
eral reserve notes viii have al Of
these projections plus a 40 per cent
gold reserve which can decline onl,
i Sndcr penalty of n heavy tax, with ar
& edditiopai cover 10 their full face valu,
ponslsting Of commercial paper.
y there is fpy reason for discrim
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-19

policy Of the United States 10 supply
VILLA with victims-his request for
the delivery Of General sAi.AsAR "a
him has been ignored.
What. then. should be done with the
desperate who burned the Cumbre
tunnel and doomed American citizens,
among them women, to a horrible
death? The only answer affording a
CLEAN Of satisfaction and assuring the
retribution he deserves Is that. like
the refugee Federal soldiers with whom
American commanders formerly dealt.
CASTILLO be turned back across the line
to escape II he can the vengeance Of
General VILLA.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-19

work was done when the thirtieth mile.
stone had not long been passed. AZ he
speaks Of the lands where he has wan
dered. II might be the speech Of those
war correspondents Of Torpenhow and
the Nilghai and Keneu and the rest,
gathered In DICK HELoAR's rooms In
London. Mr.. KIPLrNo tells US Of the
associations Of q chance smell. and
every mortal afYiicted with the itch OF
travelling knows the almost intoier.
able longing to be gone that these Assoc
Citations arouse.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-19
M.y,ng Pictures Of the CN,, war.

To the EDITOR or THE SuN--Sr: Isn't
II about time for some one to start a cru
SADIE against the civil war moving pic
ture evil7 The pictures bring back I'M
pleasant memories to both North and
South
some OF these war pictures are being
taken In the South always picturing the
South as the lnsers and II certainly
will not sootne the Southerners 10
know that those pictures are scattered
throughout the North. IL hardly seems
like fair play or true craftsmanship for
the Aim companies Of the North TO dig
up 80 unpleasant past that died years
ago. Civil war fiction no sooner dies
out than this new evil crops up,
! have lived South for many winters
and know It's people fairly well,
NoRrHERNER
New York. February 16
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-19
IT'S the Voice Of the scoy.r

To THE EDITOR or THE SuN-Str: Is
Assemblyman Stoddards bill TO make
presence at the polls compulsory stab
In the dark at the suffrasettes?
II the women know that In case they
secure the right 10 vote they will be com
PEELED 10 vot. rain or shine old hat or
new hat. how many women will want
this privilege? Moreover. think Of the
trouble and expense the invalid and the
travelling man will be put to In furnish
Ing an alibi.
A voter should have the righ, to be
guided by his conscience. BEDFORD.
BROOKLYN, February Is.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-19
Work for the 4. =. &, A.

To THE EDITOR OF THE SuS-Sr: It there
no way 70 persuade or compel tho drivers
~ horses IN slippery weather TO carry bur
lap, sacking or any kind OF stout cloth that
may be wrapped ana tied about the feet OF
the horses 20 prevent their falling. or to
assist them In rising afterward?
This Ia n simple and II very great help. and
something Of tho kind should be required
by law NJ, e. BusLsR.
NEW YORK, February Is
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-19

In the Century Nd1Isins for March n u
Wells continues his suesses at the future
Brand Whtlock gives Impressions OF Dublin.
ana H. +. Benson Of Amritsar, -. Greet tells
how woman suffrage has worked, r.. A. Kos.
describes the origins OF the American
people, J. Z, MADDEN in,s-tlsstes Annie
Laurie, j, II, Whelpley writes oU Russia
Il. De Koven on opera In English, Ada
Rainey on Leon Baksts coloring, and II.
Barry OF prison reform. There are eight
short steries. nvs poems. and some charcoal
drawings by Sargent
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-19

Representative UNpERwooD has asked
President WILSON to assume RESPONSE
billy for the repeal Of the provision Of
the Panama Canal act exempting Amer
lean coestwise shipping from paying
tolls. The President will no doubt be
delighted to accommodate Mr.. UNDER
WOOD
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-19

A veteran smoker At s.---Boston des-
patch.
The gifted young Bostonian in ques-
ton Is qualifying to be the oldest In
habitant. We read him in the headlines
OF our esteemed successors OF 2O14:
"l0S to-day; smoked ninety-seven years,
but left of on his centennial"
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-19

Lord WEARDALE, who was beaten to
the ground At London railway station
by "suffragette" who piled a heavy
dog whip, Is So years old and not strong.
Have the ladies no chivalry?
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-19

American biuejackets are patrolling the
streets to prevent lootins Hayttem
despatch.
1t will get to be quite . habit In Hayti
II DAvnMAR THEODORE continues to run
amuck.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-19

Tho greed OF the. railroads and the
audaclous claims OF Great Britain seem
TAR more potent with our Chief Executive
than appeals OF women.-Serd,or BRIsrow.
What buncombe a Progressive Sena-
tor can talk when he is a candidate for
another terml
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-19

To the EDITOR OF TnI Sus-Sir. While IN
Washington, ID, A., recently ] saw on Park
road that NJ Y, Needed was engaged In the
ladies tailoring business L. nv
BAYUNsE, n. j., February is
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-19

To ruE EDITOR or TIE sus.--sir; How
when. where and why was the age of o
years hit upon as that at which soi
should emerge from his minority and ente
on his majority MIsOp.
Pu,0HkEErsIE. February IL
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-19

The taxpayers and real estate asso-
Citations who have united to oppose the
IIerrick -Schaap bill for hnlving the tax
on buildings have not acted too soon.
The proponents Of the measure have
been at work for years spreading the
doctrine that their reform would lower
rents, relieve congestion. furnish en-
ployment to thousands and remake the
face Of the earth.
Against this the serious students of
taxation and the practically Informed
In real estate matters have shown too
little activity. They have relied on the
exaggerations and wild assertions Of
the crusaders ~ correct their misstate-
ments and preserve the good sense Of
the public. That this policy has been
a mistake Is proved by the strong hold
which the promises made In behalf of
the scheme has obtained ON certain
portion OF the public, not impressive as
To intellectuuls but Of Importance 10
Assemblymen and Senators.
At the hearing which Mayor Mitchell
will give on Friday the owners Of
real estate. improved and unimproved,
will be- represented. and again before
the cities Committee nj Albany on
March 3. II Is highly desirable that
the fallacy Of this alleged panacea
should be thoroughly exposed before
the Mayor in order that the city Itself
may appear at Albany in opposition ia
design which, II successful, would
throw its financing into n middle. dis
rupt its tax system and impose on real
estate owners amt their tenants onerOus
burdens In addition to those under
which they now struggle.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-19

N suy fvtends vho favor Us rtfh manuscripts and
0yusnesons for public alton tctss 70 hare re*cfed
essseIss ,eiu,nsd they must IN oil cases send stamps
M thaf purrose
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-19
Committee >tiii Nas Much =" -"

"The committee has finished U
in the flold. II has Yet to mu" '\'
ton of important document. N"d
and cannot render any decision VI
has thoroughly examined this H.|..'
can come to no conclusion about NN
OF the country uutl IT has t"'"..
conclusions for every part 90 TIE
try, since the districts az, r'"".-
terrelated and interd-p"ui'n' l'
of course. decide the location ''
quarters banks until tho districts .
fined
Already practically all ihr '-"'..
resented 10y the national banks .h~
in, 4 number OF state BANKS IN.'
Piled for national charters. ana l...
have applied for membership w. t' ..
eral reserve system. In eNerF N'
the Union which the committee i"E
tied It has heard expressions iruw ."
ernors, banking commissioners and 10.
to the effect that where there ia OBJ.
legal disability against substrlpti'.
state banks that disability would /.
moved and the further eNpr"-S'o'
State banks which were eligible "a
very generally seek to enter the s's''
''rhr committee Is Eratiiied VIZ"
results OF its trip. A great deal '.
formation that could not have be-.
cured from statistics or by remain ls
Washington was obtained"
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-19

Clash IN miners NEUTRALITY-SUSPICIOUS.
quarrel over adrnissibllity OF testimony at
hearing SUN headline.
An Investigation" by Congress is
usually undertaken for political pur-
poses; and the investigators" are In
candescent attorneys, not unpreJudiced
judges.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-19

To Mr.. RupYARD KIPLINo himself
probably the most interesting part OF
his address to the Royal Geographical
Society on Tuesday was his prophecy
concerning the travel OF the future,
when 1--WE shall hear the lost ports OF
New York and Bombay bowling like
Tarshlsh and Tyre" because their docks
are deserted and the alrships pass over
them to deposit their freight at some
more convenient centre--the city. for
instance, on this continent that adorns
the shores OF Lake Michigan. For the
present, however, neither New York
nor Bombay II likely to be seriously
disturbed over It's threatened deprecia-
ton in Importance. and for most ad-
mrers OF Mr.. KIpLISo the interest OF
his remarks lies less In his assumption
Of the role Of seer than in his retro
spection as "a traveller.
Here wc seem 10 catch glimpse Of
the old KIpLINd that has been missing
these many days. or rather Of the young
KPllNo, the infant prodigy, whose best
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-19

Tile angry man who owns farm In
Green county adjoining the Illinois state
line had been comparing tax notes with
an Illinois farmer just across the line.
The Illinois mans farm and the Wis
consn mans farm are about "a alike
AS two eggs In point OF size and valve
there Is hardly penny TO choose be-
tween them. But when II came TO com
pairing taxes the Wisconsin farmer found
that he paid 100 per cent. more than the
Illinois farmer--MtWdnkec Sentinel.
Isn't 1t worth the double tax to live
in a thoroughly good" State instead OF
q pretty bad" one? Wisconsin has all
the political modern conveniences and
they rank and come high.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-19

This was the committees s'ate-cT'
We have spent practically from lie
fourth of January to the present sue
IN hearing .he views Of the business men
and bankers on the problem Of c'y.d1
the country into not less than eight aof
more than twelve districts and OF lo,...s
in each district the main office Of Pol
eral reserve bank. OF the two qles- sons
the division OF the country into d.si' q
II the more important and Difficult
The committee asked those WHO 80.
peared before IL 10 direct their attention
To those Two problems and 20 furrsa ~
possible information. \ great maiN
and imperial business mtn ana n.r.-r
have submitted their best informant. 80
opinions, and always IN a spirit 90 ,'
fairness. In preparing their irforms- "-
many OF them had gone to tho eN''.t -
presenting maps showing not oul! ''
districts they were Interested In op' ~
the districts FOR all the nation.
The committee has held hearing
eighteen cities and has heard from eyer.
community OF consequence IN the Sc. =
OF the country that Il has visited Dr. .a'
secured a vast deal Of Information ua '.s
movement OF trade as well as oH -
currents OF banking.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-19

able 10 THE Sun.
Published daily. including Sunday. BY the Sun
Printing and Publishing Association al 40 Nassau
street, In the Borough Of Manhattan. New York
President and Treasurer. William c. Retck. ITO
Nassau street: Vice President. Edward =. Mitchell
40 Nassau street. Secretary. c. L. Luxton. i7o
Nassau street.
London once. Efhngham House. Arundel
street, Strand.
Paris once, 9 Rue de IA Michodiere. Oh Rue du
Cuatre Septembre.
Warrington once. hibbs Building.
Brooklyn once. 100 Livingston street.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-02-19

II our friend Is bound TO parse" he
will find that which" Is not left without
means OF support. but II pensioner of
"practtse