davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1914-08-19
CHICAGO LIVE STOCK.

CHICAGO, August 19-Hogs-Re-
ceipts, $4,000 head; strong; bulk. s.s0a
9.15; light. S.S0a9.30; mixed, 8.60a9.s0;
heavy, S.40a9.10; rough, S.40aS.55; pigs.
7.00aS.75.
Cattle-Receipts, $4,000 head: steady;
beeves, 7.05a1o.50: steers, 6.30as.30
stockers and feeders. 5.4OaS10: cows.
and heifers. 3.60a9.20; calves. SOCIAL. 90.
Sheep-Receipts. 10000 head; slow;
sheep. 5.0oa6.0o; yearlings. 6.00a7.o0;
lambs, 6.4OaS.35.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1914-08-19
NEW YORK,

NEW YORK, August 1s.-Flour-
Firmly held.
Higher Liverpool cables and better
export outlook caused cent advance
in wheat. September, I02.
Pork-Firm.
Beef-Firm.
Lard-Firm; middle west, 3.S0a9.90.
Molasses-Firm.
Hay-Steady: prime new, 110a1.15;
No. l, 1.0l 1sa1.1o; No. 2, 1.05; No. 3,
95a1.00; all new.
Hides-Steady.
Leather-Firm
Raw sugar-Firm; molasses, 5S8;
centrifugal, $50; refined, firm.
Enthusiastically; receipts. 1907 tubs;
creamery firsts. 27aa30: seconds, 25k
Az; process. extras. 251sa26.
Cheese--Steady and unchanged; re-
ceipts. 2.453 boxes
Eggs--steady and unchanged: re-
ceipts. 14,421 cases. :,
Poultry-Live, firmer: western chick
ems. broilers. 1879: fowls, 151k; turkeys,
lsal4: dressed steady: western chick
ems. broilers, fresh, 15a19; fowls, 12h
a19; turkeys, 17a26.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1914-08-19
The new BANKING LAW.
XVI,-The Question Of Reserves.
By Frederic ]. Haskin.

OF supreme interest among the prob
.lems which confronted the trainers Of the
federal reserve act was the question OF
mobilizing the country's money reserves
This was the most vital improvement
sought by the legislators. 1t was to re-
pair by efacient organization the weak
ness of the existence Of Independent and
unemployable reserves In 5000 banks
which brought Congress to consider re-
vision Of the banking laws.
Our scattered. ineffective reserves, to.
gether with an inelastic currency, II
times past, has made it impossible fol
our banking system to Withstand severe
financial strain. Decentralization of re.
serves has existed In this country to 8
much greater extent than in any othel
Of the larger commercial nations. Briefly
the banking business lin the United
States has been underorganised, Will,
In other coutries its power has been con
centrated to d degree for the protection
Of the nation. the business and the peo
pie served.
Bankers. members Of Congress and
business men generally were in agree
ment that the accomplishment Of first
Importance would be legislation bringing
the idle reserves Into the service Of the
people, and. above all, organizing then
in such 4 manner that their combined
strength would be available for the
rescue Of amy. bank hard pressed fol
cash which had prime investments or Sc.
curities to offer in exchange.
Other countries. with enviable banking
histories, have essentially inelastic cur.
rencies. Notably. England has little elias.
ITCHY in her money supply. The elasticity
of her credit system serves in the place
Of responsive currency. and this is safe
largely because her reserves are always
available for safe Investment. With hel
reserves marshaled under the command
Of the Bank Of England, she has agair
and again proved herself capable OF
weathering the most severe financial
storms.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1914-08-19
GOES TO SUBCOMMITTEE.
Smoot Bill Authorizing Purchase Of
Is, 100000 Ounces Of Silver.

The Senate finance committee at NEST
ing yesterday referred to a subcommittee
the Smoot bill. directing the Secretary Of
Of silver from the silver producers Of this
country. at the average market price for
silver between January Is and June Is
Of this year. The object Of the bin IL to
aid the silver miners in this country whose
market has been curtailed by the European
war.
Senator Simmons. chairman Of the COM
mittee, said that the COMMITTEES I'D not
to Offset the loss Of customs revenpeA
Evening star. [volume] (Washington, D.C.) 1854-1972, 1914-08-19
Veteran signalmen to Meet.

MANASSAS, Va. August -. Flag
operators who wigwaggsd history-mak-
ing messages In civil war times received
general orders today to rally on De-
troit' August 81 for the reunion Of the
United States Veteran Signal Corps As
ISOLATION. In connection with the jubilee
encampment Of the Grand Army OF the
Republic.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1914-08-19
Liverpool Cotton Sales.

LIVERPOOL. August 10. Cotton -
Spot sales. 1,75o bales. including 1.l00
American. on the basis Of 620d for
middling. Spot grades quoted nomi-
nally a. follows: American middline.
fair, 7.24: good middling. S.7S: mid
ding, $40: low middling. SIS; pod
ordinary. AIS: ordinary, as. RSetlbts.
1000 bale1. including 100 Anaerican.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1914-08-19
London Resumes Discountiug.

LONDON. August 10. 1:12 p.m.-The
Bank of England today resumed dis
counting bills on q large scale. The
rush was SO great in the early fore
noon, however, that 1t was found nee
essary to suspend further dealings
until tomorrow.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1914-08-19

Constables seised an entire carload
Of whisky and beer at Fairmont, w.
Va, yesterday. shipped by Martins
emit persons at Pennington.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1914-08-19

N. Y. Mercantile Paper, CAT.
NEW YORK. August 1S.-Mercantils
paper, Sat. Exchanges. $164,302,1sS;
balances $7.8S1.560.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1914-08-19
BALTIMORE.

Special Dispatch to The Star
BALTIMORE. Md, August 1s.-whea-
Strong; spot No. 2 red, 9s; spot No
2 red western. LOO; August No. 2 red
%; September No. red, 90; steamer
No. 2 red. 901s. Receipts. S7T95. South.
ern by sample. 80; southern on grade. SO
Corn-Qufet; spot contract, S91s. Re.
ceipts, 2,216
Oats-Firmer; standard white, asa
45H; new, 45ka46: old, No. 8 white,
44ha44&: new, 44A a45; old. receipts.
"a, 10 bushels.
Rye-Firmer; No. western domestic,
S5aS6.
Hay-Steady; No. 1 timothy, I'M
changed: No. 1 clover, mixed. I'M
Grain freights-Firmer; steam to
Liverpool, per bushel. I'd, September:
picked ports, per quarter, 2s Cd,
September.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1914-08-19

Stricken suddenly with heart at
tack Saturday midnight, Claude Gill,
thirty-four gears old, died ten minutes
later at q hospital In Baltimore.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1914-08-19
1t Is required by the national bank act
and by the state banking laws that every
type of
percenta0e Of Deposits banking in
49, sti I u ton,
A0Pt IVA OooAA 4sSsSAvS' with I h e


exception Of private banks, keep GER
tain minimum percentage Of Its deposits
as a cash reserve against demand. Under
state laws and formerly effective provis-
ions Of the federal law, it was required
that a specified part Of the legal reserve.
at least, must be kept in the banks own
vaults Such money was retired from
usefulness. It was legally restrained
from further service.
However. certain provisions have al
lowed the redepositing Of a part Of the
required reserves with agent banks. These
arrangements have applied to 25OO0
banks. more or less, without any definite
and general INSTRUMENTATION. and So,
the total of inactive and unrelated re-
serves have amounted to an enormous
sum Of money. useless in times of pros
perity and in times Of dire need.
Leaving the various state banking sys-
TENS out Of consideration, the old ma
tional bank system will serve to illustrate
the weakness which the new law is de-
signed to correct Under the national
bank act. the banks Of the federal sys-
tenn were divided into three groups
known as country banks. reserve city
banks and central reserve city banks
There were three central reserve cities
M
seven Of the larger cities Of the country
were designated as reserve cities. while
national banks in the remaining smaller
cities and in agricultural districts were
known as country banks.
The national bank act required the
country banks to keep at all times cash
reserve equal to Is per cent Of their de-
posits OF this required reserve, they
had to hold 40 per cent in their own
vaults, while they were allowed to keep
the remaining 60 per cent on call with
such national banks in any Of the re-
serve or central reserve cities as might
be approved by the controller OF the
might however. II they chose. keep the
entire required reserve In their own
vaults.
Every national bank in the forty-seven
reserve cities was required to keep al
all times q reserve equal to 70 per cent
of its deposits-that II. Of its individual
deposits and Of the deposits made with
it. as reserve agent. by country banks
1t had to keep one-half OF this reserve
in its own vaults while 1t was permitted
to deposit the remaining one-half on call
with approved reserve agents in the
central reserve cities. Every national
bank in the central reserve cities was
cent Of It's deposits. including individual
and bankers deposits. in its own vaults
-.
To explain this arrangement by an ex-
ample: A country national bank with
100000 in
Pyramiding Reserves deposits wa.
Is Shown in Example , +sa ea,,o ny
bank act to keep $4,000 in reserve. This
sum it might keep In cash In its own
vaults. What would be more likely. Il
would hold the necessary 5000 In its own
Evening star. [volume] (Washington, D.C.) 1854-1972, 1914-08-19

London Bar Silver Weak.
LONDON. August 1s-Bar silver
Weak At 361Sd per ounce.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1914-08-19
Up-River Waters.

Up-NIvef WdtefS.
Special Dispatch TO The Star.
EARPERS FERRY, w. Va, August
the Shenandoah cloudy this morning
Evening star. [volume] (Washington, D.C.) 1854-1972, 1914-08-19
LIVERPOOL.

LIVERPOOL. August 19.-wheat-Spot
steady; No Manitoba, SIS i'd; No. 2, IS
3D.: futures steady; October. Is sgd; De-
cember. Is 10d.
Corn-Spot American mixed new, nomi-
nally IS; futures nominal.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1914-08-19
Pyramiding Reserves
Il Shown in Example

sum it might keep in cash in its own
vaults. What would be more likely. II
would hold the necessary 5000 In its own
vaults and deposit the remaining 5000
Evening star. [volume] (Washington, D.C.) 1854-1972, 1914-08-19

For the District Of Columbia and
Maryland. generally fair tonight and
Thursday; continued warm: gentle to
moderate winds, mostly south and
southwest
Evening star. [volume] (Washington, D.C.) 1854-1972, 1914-08-19

To explain this arrangement by an ex-
ample: A country national bank with
The weekly times-record. (Valley City, N.D.) 1912-1922, 1914-11-19
Be A SPORT.

Judge-elect A. NJ. Christianson won
at the recent election by substantial
majority. The Courier News is busy
telling how it happened, and the
Searchlight, alias Dark Lantern, is of
the opinion that the corporations were
back of Christensen. Why all these
faces? Why not take the medicine
and look pleasant? particularly when
these editors are strong upon the idea
Of letting the people rule-when the
results are to their liking.
The Times-Record doesn't hold any
brief for Judge Christensen. In fact
it supported Judge Spaulding during
the recent campaign upon the theory
that the man in Office with a good re-
cord was entitled to reelection, but
the Times-Record has no patience with
the cheap cry that the corporations
got back of Christianson. The ordi-
nary way to investigate such claim Is
to ascertain how people voted known
to be friendly to corporate interests.
So far as the editor of this paper could
see there were just as many and per-
haps more corporation men supporting
Judge Spaulding than Judge Christian
son. If judge Spalding Is the kind Of
man we thought we were supporting
he is a good enough sport to accept
the peoples verdict with good nature
and good grace. Editors Of such pa
pers as the Courier News and the
Searchlight to our mind are doing him
an injustice by their, to say the least,
unsportsmanlike utterances.
The weekly times-record. (Valley City, N.D.) 1912-1922, 1914-11-19
COMMERCIAL CLUB POSI-.
BILITlES.

Almost every town in the state or
the northwest has some sort of COM
mercial organization, usually called
commercial club, some more useless
and ineffective that others, but no
town is so small that they cannot af-
ford commercial club and few clubs
so dead that they do not want to shape
the affairs of the town but it remains
for Tower City to organize a real COM
mercial club that is doing work that
will count in the largest possible man
ner. Instead Of meeting occasionally
to talk over such improbable subjects
as securing factories they meet and
arrange to go in body and visit the
farmers in their territory with view
to bringing about a more cordial feel
ing toward the town. Nothing that we
have ever heard Of commercial club,
in a small town doing business seems
so sensible and far reaching in COM
mercial effect for mall town as these
visits when the business men call on
the farmers and promote get-togeth-
er spirit which shall reach to the rural
communities.
The weekly times-record. (Valley City, N.D.) 1912-1922, 1914-11-19
EARLY SHOPPING.

As the holidays are approaching the
matter of early shopping is being agi.
tated and will be continuously until
the time has passed when it may be
helpful in calling attention to the ad-
vantages of making the holiday pur-
chases early. The merchant as rule
welcomes the early shopper and has a
decided better stock to show and much
more time to attend to the customers
wants than he has later when all Is
hustle and confusion and there is an
other advantage to the buyer in Sc
lecting his goods before they have
been handled and perhaps soiled by
those who came earlier. Then, to,
there is the humane side of the matter,
the clerks who are overworked during
a season when all ought to be pleas
ant instead of worried and detected
from attending to the wants of cross
and nervous, last moment customers
who come in frantic haste to buy
things that might as we'll bave been
laid in several weeks in advance. BY
all means let us do our Christmas
shopping early this year.
The weekly times-record. (Valley City, N.D.) 1912-1922, 1914-11-19
THE REAL HELPMATE.

Mrs. Alberta Keeper Of Winfield,
Iowa, in discussing the help mate"
maintained that:
To-day, as never before, we feel the
possibilities Of united interests, and
a harmony of ideals are in the home.
Then there comes sympathy into this
hardened old world. Not in a day can
we hope for their ideal to come into
flower over all the world. There must
be time for ripening Of thought, a
time for development that man and
his helpmate may attain greater hap
piness when they go hand in hand guild
ed by the star of hope. Their achieve
ments must be shared; and their glory
must be appreciated by both no less
than their sorrows, but when the wife
is good counsellor, friend and com.
panion, the birthright Of the woman
and the world in general, reaps its re.
ward"
Housekeeping as an occupation
should be ranked as high as any vo
cation or profession" declared Mrs. G
The weekly times-record. (Valley City, N.D.) 1912-1922, 1914-11-19

H. Randlett, a South Dakota delegate
to the congress. Training for a good
! housekeeper is as essential as for any
other line, and a good housekeeper ov'
ercomes just as many difficulties as
any professional man for upon her
work depends the mental, physical,
and spiritual future of the nations
citizens. System should be carried
out in every household for only thru
system can economy be practiced and
when economy is not a watchword, a
howl arises about the high cost Of
living. Women ought to be willing to
learn more about housekeeping. They
ought to study the method Of taking
care of their homes and see if there is
not an easier way or a cheaper way
that would bring the same results.
"The big business of housekeeping
is one institution against which there
are no trust laws and against which
there will be no restraining legislation,
SO the field is open, compensation is
wiped out and genuine trust can be
formed where it will not do any harm.
Let system and organization be the
of a good housewife and
all will be we'll in that home"
The weekly times-record. (Valley City, N.D.) 1912-1922, 1914-11-19

step into their shoes. The opposition
of the Senators was sufficient to pre-.
vent the confirmation OF all such NOM
nations, but now. dui Us the recess Of
Congress, the president has power to
make appoint men.s and have such APP
pointees installed at once without the
approval of the Senate. Will he do so !
That depends lp,1 the policy of local
democratic leaia.# in North Dakota.
Some of the leaders are known to be
opposed TO It, believing 1t advertiscs
the demo,:H:s as 50 hungry for Office
that they cannot wait for the expira-
ton of republican terms. Will their
advice be listened to? The action Of
the President during the next t zee
weeks will tell.
The weekly times-record. (Valley City, N.D.) 1912-1922, 1914-11-19
NORTH DAKOTA PosrMAsTERs

While number Of postmasters have
been designated since congress ad-
Journed, known as recess appoint
ments, no such appointments have yet
been made in North Dakota. There
has been considerable speculation
about whether the democratic leaders
in North Dakota would carry out the
intention at one time agreed upon to
install new postmasters at number
OF towns where the commissions Of
those holding the Offices had not ex-
PRED. 1t was said this proposal was
made by Postmaster General Burleson,
southern gentleman with strong
prediction for patronage. 1t is
known that some Of the North Dakota
democrats objected, believing that
they should exhibit enough patience to
wait until the terms OF republican
postmasters would expire. They were
overruled, however, and number Of
such nominations wero sent to the
Senate. Senators Gronna and Nc.
Cumber took the position that all post
masters holding commissions should
be permitted to serve out their terms
according to custom, and without re
gard to the needs of those anxious tt
The weekly times-record. (Valley City, N.D.) 1912-1922, 1914-11-19
MARRIAGE LICENSES,

Following are the marriage licenses
issued recently in Judge 1rgens Office
of the County Court:
October 31-Richard Jensen of Val
ley City and Miss Madge Jorkenson of
Valley City.
November 5-Francis J. Biles Of
Heman Township and Miss Anna B.
,Sauer of Heman Township.
November Civilian ]. Erickson of
Greenland Township and Miss Olive
Olson of Greenland Township.
November John I. Heimes of Val
ley City and Miss Ellen Elizabeth
Cowell of Valley City.
November 9-Waldemar Johnson OF
Valley City and Miss Anna Wiebe Of
Bowden.
November II. - Olav W:lken OF
Green Township and Miss Emma Lar
son of Green Township.
November Hired G. Schiller Of
Wimbledon and Miss Carrie L. Coney
Of Wimbledon.
November 13-John Elton johnson
Of Raritan Township and Miss Bessie
Walker of Raritan township
The weekly times-record. (Valley City, N.D.) 1912-1922, 1914-11-19
HOME GROWN DRESSES.

The Woman's Home Companion is
appealing to American women to wear
American-made garments. In the Oc
tober number Ida. NJ. Tarbell wrote
such an appeal and in the December
number her position is strongly ap'
proved by number of famous people
whose letters are published Among
those whose letters are published are
Mrs. Thomas A. Edison, Gertrude Ath-
erton, James J. Hill, William G. Red
field, SECRETARY of Commerce, Mrs.
Senator LaFollette, and Margaret De-
land.
The idea is that in the past Ameri-
can women have preferred foreign
goods but that with the war the oppor-
tunity has been opened for American
consumers to use domestic goods and
to develop a real taste for them which
shall continue. Gertrude Atherton's
letter in the December number fol-
lows:
1t is my intention to have my even
ing gowns this winter made of cotton
- wolfe, crepe, etc.-and to
wear nothing but cotton at evening en-
l have succeeded in in
:eresting a number of my friends in
his idea, as it will be no sacrifice to
wear the beautiful transparent mate
rails of delicate colors manufactured
BY some of our Southern houses. Il
I'M sure that if every woman in the
United States who can afford to have
IN evening gown at all would agree to
lave it of cotton the situation in the
South would very soon be relieved,
md l shall certainly buy nothing of !
oreign make whatever until this /
dreadful crisis is we'll past"
The weekly times-record. (Valley City, N.D.) 1912-1922, 1914-11-19
THE RACE QUESTION.

We read in late news dispatches
that delegation of negros called on
the president to protest against the Sc
gretion Of the colored employees in
government service and the leader be-
came so abusive that the president
was deeply offended. The race pues-
ton today is the most serious question
confronting the people of this country,
and we of the north are just now
awakening to the seriouness Of the
situation. The people of the north
since the civil war have insisted that
the negro was a much abused race
and that they were entitled to the
same privileges as the white man and
have educated the negroes to that be-
lief, until at this time, not satisfied
with being a negro. their highest am
bition is to mix with the white race,
and this insane desire on the part OF
the male members Of this race has
made them an intolerable nuisance
and a positive menace in many Of the
larger cities Of the north as we'll as
the entire south. To the northern man
or sentimental woman this may sound
to say the least, peculiar but one has
but to spend day riding on public
conveyances in any Of the eastern
cities, in order to see things from the
presidents standpoint, and right here
We wish to congratulate the president
on his position, he knows the negro
and has a broad knowledge of what is
best for them and we cannot under
stand any white mans objection to
the segregation of the negroes where.
ever they may be, nor why the better
class of negroes should object to be-
ing by themselves so far as possible
so long as no attempt is made to de-
prive them of the rights of franchise
or their earning power.
The weekly times-record. (Valley City, N.D.) 1912-1922, 1914-11-19
GERMANY MAKES THREATS.

Late dispatches announce that Ger
many has threatened to stop shipment
Of American supplies into Belgium un-
less the men return to their places of
residence. Should Germany insist on
such a step they will undoubtedly
make many enemies who will with.
draw their sympathies from the Kaiser
and his armies and turn their good
wishes to the allied forces. America is
responding nobly to the call from
stricken Belgium, a nation that is the
victim of war, not of their own max
The weekly times-record. (Valley City, N.D.) 1912-1922, 1914-11-19
Despond ency Due to Indigestion.

It is not at all surprising that per.
sons who have indigestion become dis.
couraged and Respondent Here are a
few words of hope and cheer for them
by Mrs. Blanche Bowers, Indiana, Pa.
For years my digestion was so poor
that could not eat the lightest foods.
I tried every thing that heard of to
get relief, but not until about year
lets advertised and got bottle of
them, did find the right treatment.
I soon began to improve, and since
taking a few bottles of them my dl.
gestion is fine" For sale by Siegfried
Pharmacy.