davidaulloa/AmericanStories huggingface dataset:
Norwich bulletin., 1914-09-09
WHLMANTIc
If la coina on Tonight.

What b Going on Tonight. Monthly Meeting Of Town School
 HCanmnittee- Wi1Iimantto Commandery, No. 258, U. 10. c. C., K. of P. Hall Windham Encampment, No. 1V, l. U.
 10. D.. 807 Main Street.
Norwich bulletin., 1914-09-09

plaster got between the crseon and my leg and caused an itching which hroke out fnso 4 raw sore half way nrum my ankle to my knee> At ffrss it hroRe out in small pirnples and itched so 1t seemed impossible for me to keep my hands nrun it night and efav. I hMd fo remove
Norwich bulletin., 1914-09-09

that were to have been tried in the superior court today and Thursday there is to be no session until Fri day. when short calendar matters are to be taken up and probably cases as- signed for. trial. 14 A. H. Reynolds to Retire.
 Following the recent death of his son. A. H. Reynolds has announced that he is to retire from the business which he has successfully conducted in the city for the past 26 years. MT. Reynolds is to sell out his equipment.
 Complaints to State Police.
 It is reported here that complaint has been made to the state police rel ative to persons driving vehicles other than. those operated by motor power without lights after dark. The auto mobilists want some protection and obedience to the law from the many who are violating the statute known as the lantern law. On any state road hereabouts vehicles may be seen at night in use without the required lights.
Norwich bulletin., 1914-09-09
sevectnnen Meet.

Tho selectmen of the town of Wind &1am held their monthly meeting in 'their rooms in the town building Tues day afternoon instead of on the first Monday of the month, as is customary. This was because Monday was Labor day and holiday. Nothing but the .p4ym0nt of bills and routine business nwaa put through at the meeting.
Norwich bulletin., 1914-09-09
PUTNAM

Six Are NaturaIized-No Arrest Fol- lows HoIiday-Principal Not Elected at TourteIlotte H. S.-Pomfret Dei- egates for Baldwin and Favor Com stock
Norwich bulletin., 1914-09-09
ARRIVE FROM SPAIN.
Mir. and Mrs. John H. Ward on Amer investigated by English Torredo Boat.

Mir. and Mrs. John Hubbard Ward, who were at Barcelona, Spain. at tho safely reached America after varied and interesting experiences and have
Norwich bulletin., 1914-09-09

Me csss on my ieg and use bantzAges.
 sI had two treatments and was told eo get different uintxnents which did nue very little good then Gied but could not so any ehanga So got box of Cutieura Ointment and could see a change sn . weeks t1ne. Then got a cako of Crte- crA Soap with which to wA9h my leg, thea rubbed taie Cutkenra Ointnent on. All stus ing stepped and in four weeks 1t was d.: healed up and has never bothered me s5n-c.". sgiEneD ]. W- Nichols. Feb. 6. 1914
 Samples Free by Mall
 For rsd, rough. chapped and bleeding hands. iscs1iag. burning palms. and painful hnsereeasts with siap<1ess nails. a one-niSi1s ! Cufieun tzeaenszss wnrRs wohderR Soak hAzfas on xnt1rfag. in hot water and Cutacsra Soap. Dry. anaint with Cuticura OfnsEe1s and wear sofc handagr or old. loose gioTas during the night. Although Cut2cura Soap
 25c>J and CuticurM Ointment (5Oc.l are sold by druggists eTHTwhere. sample oi each with 32-n- Skin Book will be snt free upon reuuesk- Address postcard. 'Ae'Hrtt' cRa. 1epA T. Bustnn..::
Norwich bulletin., 1914-09-09
HUNTERS SECURE LICENSES. Eisbtssn Ready to Shoot Shore Birds
 Under the Law.

The season on shore birds opened for the hunters on the first of this month, and IS have already applied for Ii. cenBAs to hunt A considerable mum Der each year seem to have the opinion that their old licenses are good until
Norwich bulletin., 1914-09-09
NOT ONE ARR EST.
Fine Record for Civ. and Following
 Holiday.

There was not an arrest in Putnam during the trinle holiday that included Labor day and. therefore. no session of the city court. The record of good behavior throughout the city is pleas ing to the authorities.
Norwich bulletin., 1914-09-09
Buys Runabout.

William B. F.risbie and A. P. Dorman went to Hartford Tuesday to bring back the latter's newly purchased runabout.
Norwich bulletin., 1914-09-09
DANIEL.SON

Republican Delegates Leave Today- Rawson White Marriage Announced Mir. and Mrs. J. H. Ward Arrive Judge Back Receiver for Muaford Company.
Norwich bulletin., 1914-09-09
ECzEhA FROM
 ANKLE ID KNEE
Small PimpIes Hrhed Night and Day. Guticura Soap and Ointment Healed. Neyer Bothered Since.

162 Stsee St. New Bedfxd. Maz2- -The way the eczzz1a started on my Iee WM by Wezxing a plaster paris east. Tn.
Norwich bulletin., 1914-09-09
ncfty Labor Payroll.

The city labor payroll for the week ~ndin8 Sept 4. 1gt4, totalIed s603.54. rdiv1ded as follows. Police department M1H.e0, street department $297 .16, fzneintainirag sewers s23. .25, sidewalk Construction SEA, waterworks $111.23.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-04

business finds phiosophic diversion In
contemplation Of the woes of the stock
gamblers" and in an interview given to
the daily paper he states that stock
Exchange Alley is the only blue spot on
the island" He cannot see that there is
anything in what is occurring on the e%-
change that should serve as a warning
To him. although the time Is close at hand
when his eyes will be opened TO the seri-
BUSINESS of the situation Of which the
break i'm the security market was symp-
tom. Soon after. in discussing plans 20
buy the lot adjoining his store and erect
a building on it. TO accommodate an eX-
tension of his business, he is informed by
his architect that the cost estimated some
time before must undergo an upward re-
vision. He is told that land. labor and
materials have advanced % per cent or
more and that he must accept liability
to delays which might add a'further con-
siderable addition TO the cost of his pro-
posed enterprise. This annOys him: but
he finds further cause for annoyance
when he calls at the bank and is told
that the cost of money has advanced
prOportionately with labor and commodi-
ties in general
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-04
CITIZEN
THE lMPECUNlOUS
WAKES UP.
THE

But suppose that in time. some impe-
cunious. but wideawake citizen discovers
rich deposit OF coal A knowledge OF
the economic uses of the commodity and
a desire for gain induce, the discoverer 70
seek capital to buy the land and mine
the product. He thus becomes pro
moter" He may succeed in inducing
few men Of capital to back or guarantee
the enterprise These men become the
underwriters. They have capital at
the bank where the sayings Of the com
munity are deposited Yet their combined
resources are not equal TO the task of
properly developing the project. They
have TO enlist the people. whom they IN
duce either TO lend the necessary funds
or 10 become partners in the enterprise.
To the more conservative element I'm the
community. which insists upon complete
safety. an offer is made of n mortgage
1inon the property and its earnings These
persons are also given a legal covenant
that the interest and principle will be paid
on a fixed future date. This covenant -
called a bond" To other members oil
the community who are willing TO take
greater risk for the sake of the prospect
of a relatively larger proht. partner
shin share is offered, evidence OF the
partnership being afforded by properly
executed instrument certifying that the
holder is entitled to pro rata OF the
profits in proportion to the amount when
he has invested This instrument Is
called stock"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-04
Industries
Expanded
SUGGESTING RELATIVE IMPORTANCE
BUSINESS

eager demand. the prices no longer ad-
vance. Ii becomes apparent also that
owing to the greatly increased demand
for commodities, and especially for build
ing materials. the amount which a short
time before could have been bought for
So now costs 81 Is. The loanable surplus
OF the bank becomes exhausted as re-
suit OF the heavy borrowing for all sorts
Of new enterprises and mercantile opera
lions. The banker. a conservative man.
who had reached the conclusion long be-
fore that II there should be the slip OF a
cog something OF an unpleasant kind
might easily Occus. now decides To reduce
lis loans large proportion OF these
loans is secured by the stocks and bonds
OF the various corporate enterprises of the
island. The general optimism, combined
with the desire for gain common TO the
whole human race. had led great numbers
prices. and in many instances only small
part Of the purchase price was supplied
by the purchaser. who was obliged 10 OBJ
tain the balance by borrowing on the Sc
curities themselves which were deposited
as collateral. \ close scrutiny of all such
collateral S now made al the bank. and
env part which may be questionable is
rejected As a result the banker ~ sub
iectcd To severe criticism. being perhaps
accused Of a sinister purpose To break the
market. when what he has done is per-
haps essential 10 the solvency OF the in
gitution over which he presidcs. and to
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-04

The close OF the year 1918 reveals sit
uation corresponding very closely to Sc
quence No. ). Beginning in October. 1872
almost simultaneously with the period
that bank loans crossed the line az de-
posts. stocks have passed through
period of extensive liquidation. This de-
cline was accelerated in some degree by
familiar adverse political influences. but
the underlying cause. just as IN tunes
past was the exhaustion Of capital avail
aole for employment in securities. The
course of stock prices and ne condition
of the banks of the country contained
warning for every business man. Those
who needed it had their affairs In order
when the reaction in business began sew
eral months later. They were not over
extended at the bank Their shelves were
not overstocked with goods. Business
lioiIidation is now well under way and
should proceed until financial conditions
the extended position of the banks-have
been readjusted TO a sounder basis. Very
happily this bank loan extension has lot
been as pronounced as IN years pssI
owing to he restraints imposed by poliu-
cal upheaval OF almost worldwide pro-
portions. In the absence Of further seri'
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-04

alization OF the changed conditions by
which they are confronted. while perhaps
their plans and projects are in yet un-
completed state. and some Of the less
provident ones are notified that their
loans at the bank cannot be renewed
The supply OF money has run out.
Il now begins to dawn upon the many
Mr.. Joneses that business conditions are
not entirely healthy and that the time
is not prOpit Gus for launching new en-
terprises They look more closely into
their affairs and find that while they
have been selling great quantities OF
goods their business is largely on credit
and their collections are slow. They be-
come cautious about extending credit and
their sales fall off heavily. Those who
lost through the decline in the market for
their securities and who had formerly
been good spenders begin TO practise
economy and their removal from the list
OF besc customers makes vacancy which
cannot be filed. The merchants find their
shelves loaded with merchandise which
they cannot sell at the prices they ex-
pected TO get for it. and liquidation in
business follows the liquidation i'm the Sc
curties market as a natural consequence.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-04

Perhaps additional impulse is furnished
through the harvesting of crops larger
than had ever been raised on the island
before This would not be mere CO.
incidence. II would be a perfectly nat
ural development. almost certain 10 oc-
cur, unless the natural sequence of events
was disturbed by unproptious weather
conditions. The production of large crops
requires adequate cultivation OF the soil.
This can hardly be secured in periods OF
great commercial and Industrial activity.
At such times the supply OF farm labor
is inadequate, and the farms are not cul-
tivated as they should be. But when
depression occurs the farmer can obtain
a larger amount OF labor. and not only
is the land under cultivation better titled,
but an enlarged area is put under crops.
This with favorable weather conditions
would imply the production of more than
the normal agricultural wealth. a factor
I'm accelerating business IN many lines.
Business men now become quite cheerful
but it is observed that the beginning OF
an upward movement in the stock market
preceded the recovery In general business
by several months. The stock market
gave warnings OF depression and also
indicated the change toward better
things. but its message 10 the pubic
was disregarded in either case, with con-
seouent loss to those who ignored II.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-04
A QUESTION NOT OF WORTH, BUT
OF PRICE.

II soon becomes a question not OF what
securities are worth. but Of what they
will bring. When man must raise
money he sells the part of his property
that can sell most readily. For securities
there is an instant market. The price
may fall. but there is always a buyer
The stock market never fails in its func-
ton Buyers and sellers are there all the
time At one period a man may find 1t
hard TO buy at his price, at another time
he may find it hard to sell at his price;
but at some price he can always buy or
sell When there is urgent selling. as
under the conditions described above. and
few can obtain money to buy, prices fail
heavily. and the market becomes dem ~
allied or panicky. Ii then furnishes the
newspapers with a first page feature and
becomes one of the chief topics of COZ
versation the average man throwing
stones at the stock Spectator without
stopping to consider whether he does not
himself dwell in a house of glass.
While each succeeding day now brings
a lower level of quoted values in the Sc
curly market the volume of mercantile
and industrial transactions is undated,
for the coal mine must supply the mills,
which perhaps are working overtime 70
fill their contracts. Labor is well en-
ployed-there being perhaps a shortage in
the labor market. with the result that the
wages are far above what had been for
merly paid for the same service. Earn
ing much more than usual. the workers
are spending freely. and the demand for
goods of all kinds is very great.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-04
A NEW VOCATION FOR PART OF
COMMUNITY.

part of the community now adopts
the purchase and sale Of securities as
vocation AS prosperity Increases, OPP
timism grows, and wonderful tales are
circulated about the large gains made by
the buyers of this security and that. Spec
uaton wakes strong. \ bull market
is in progress. People tell of their own
success and encourage their friends 10
buy what they have already bought, and
which is still rising.
Because an enterprise has been more
successful than expected, they predict
success many times greater. They argue
in this way: Have not the coal proper
". the railroad. the lumber mill and the
steel plant prospered beyond the most
sanguine expectation of their promoters,
and have not the securities Of these en-
terprses made a fortune FOR those who
obtained them at the start? Are not the
natural resources of the island ineXhaust-
ible? What can interrupt the rise IN Sc
curities. and why should not prosperity
continue indefinitely at high tide? When
sentiment reaches this stage men begin
to neglect their ordinary occupations TO
watch changes in the market for securi-
ties and this. in itself. is factor for
checking the production of new wealth,
even while the rising movement in securi-
thy prices is still in progress. The country
is already in the midst of a boom, al
though no one seems to realize it,
Soon it becomes manifest that although
the volume of dealings in securities has
tripLd and quadruped as a result of the
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-04

With the increase in the amount Of labor
available the development Of the natural
resources proceeds more rapidly than DE-
fore Wealth accumulates. and people
go on from day 10 day satisfied with
themselves and compacenuy taking ii
for granted that their prosperity will con-
tinue 10 increase indefinitely. The new
method OF development by the utiliZa-
ton of the combined savings Of the pso-
pie has wrought mighty change, bring
ing about entirely new conditions o.
Transforming an agricultural community
into a thriving industrial republic.
As an agricultural community the in
hab.tants OF the island had found II nee
essary to establish markets where grain
could be bought and sold. II would have
been entirely too inconvenient 10 the
farmer after he had raised his grain
and other farm products. 10 haul them
about until he had found buyer FOR
them The establishment of markets
brought the buyer and seller together.
The new conditions called for markets
Of another kind. That the development
Of natural resources might be facili-
tated and industrial activity promoted,
il became necessary 10 establish mar
ket where the bonds and stocks could
be bought and sold. that the one who
had a profit could convert il into each,
or hc who anticipated appreciation In
value might buy IN the hope Of realiz-
ing a good return. and where. also the
one who feared that FOR some reason or
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-04
WALL STREET BUSINESS AMAz-
lNGLY SMALL.

Relatively 10 facilities. the business OF
Wall Street last year was the smallest IN
the memory Of the present generation
The fact is interesting from whatever
viewpoint il may be regarded and from
some angles il is worthy of the attention
Of every person of mature understand
ing. no matter what may be his circum-
stances or mode Of life
To the student Of economics the IN
difference Of the average man 20 the
broad aspect Of financial affairs seems
strange and inexplicable. The mariner
who would venture upon the trackless
sea without a compass would be consid-
cred very reckless indeed and yet his
recklessness would differ only in degree
from the man. in any line Of business
who pays no attention TO the changes In
economic conditions I'm response TO which
the markets rise and fall, and which gen
orally make their influence felt in the
movements Of security prices before they
are reflected in other fields Of human ac-
tivity. There is an absurd idea IN the
minds Of a great many people that ad-
vances and declines I'm the market Tor
securities are the result Of manipulation
Of prices. and that it makes no difference
10 those not actually engaged i'm the
game" whether security quotations rise
or fall The mention Of finance sug-
eests Wall Street. which in turn suggests
speculation too generally regarded as
hydra-headed monster causing the ruin
Of those who come in its way. and divert
ing from all possible good use the money
Of which il deprived them.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-04
ENTERPRISE BEGETs MORE EN-
TERPRISE.

The coal enterprise becomes profitable
and there is a desire for further opportu-
mites Of a similar kind. Some enterpris-
ing citizen perceives the possibilities for
a railroad 10 transport the coal from the
mines TO the centres OF consumption. the
project meets with favorable reception.
and the financial operations by which I've
capital is secured are the same as before
except that the success OF the earlier en-
terprise makes it easier 20 promote the
new one. BY means Of stocks and oor -
the savings Of the people are agd'n uti-
lied i'm the development Of an mpOrtan;
project. and the general welfare is pre-
NOTED. The new enterprise succeeds like
the first. and the country is no longer
wholly dependent upon agriculture as
means Of producing wealth and Of en-
pioyng it's labor. Members of the farm
ing community are drawn to the centres
OF population, attracted by the more lu-
crative employment afforded by labor in
the mines or I'm the building and opera
ton Of the railroad. The desire for new
opportunities for investment of capital
increases with the success of the con-
Germs in which it is already invested.
The spirit of enterprise is enlivened aud
the brighter intellects are turned in the
direction Of further progress. The dis
covery OF coal having induced a search
for other natural resources. iron ore and
copper are ultimately found and made
the bases of great industrial activity.
1t becomes necessary TO import labor
from other countries to meet the require
ments Of the growing industries. This
labor must be clothed, housed and fed,
necessitating the building Of dwellings
and manufactures TO supply its needs.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-04
OUR Mr.. JONES AGAIN GROWS
HOPEFUL.

He draws out his old plans and looks
them over, and as he observes that MS
predictions of still worse times have not
been fulfilled, he begins to think that an
other period of prosperity may occur IN
due course. so at length he arrives at the
conclusion that il might be fair business
proposition to begin building operations.
While still unable to make up his mind
as 10 whether he should venture 10 ask
for loan Mr.. Jones picks up his tele-
phone and finds that it was his banker
who had rung with an inquiry u ne
could use a certain amount OF money at
low rate Of interest. Being, with all ms
shortcomings. a well balanced man. Mr..
Jones finally decides that the pesslmlsm
has been overdone and that now is pro-
pitious time to make preparations for an
extension OF his business. SO the bulld-
ing plans are put into execution. mate
rails are purchased labor is employed
something added to the volume OF ousi-
ness. and other people. seeing what one
prosperous merchant is DOING. Begin 10
consider whether they also should nor
prepare for the coming or better times
Mr. fones's building when completed, has
to be stocked. and this helps to some eS-
tent in restoring activity to other
branches of industry. Partly as result
of what they have seen him do-for every
successful man has imitators-and parity
as result of their own independent inltla-
tive hundreds of other Mr. Joneses en-
bark upon new ventures, with the result
that the mills receive large number OF
contracts. idle labor gradually gets en-
ployment and the wheels Of progress De-
gin 10 revolve at an increased rate.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-04
GOOD OLD BIMBO

Nothing pleases a newspaper more than
letters of appreciation from its readers.
The most hardened old editor will flush
up. and tears of Joy will hll his cynical
eyes. when Veteran Subscriber" or Con
slant Reader writes in TO say that yes
terdaSs smashing attack on the slashed
skirt or the currency bill was the best
ever
Here In Amedcs letters of apprecla-
ton are all that any editor can hope for
Abroad. however. II is different French
editors are Frequently rewarded for good
articles by presents OF roses. gold foun-
tain pens. baskets of fruit and 30 forth
The Tory editor of England. when he hits
Lloyd George hard. expects. and usuaily
receives. braces Of pheasants from this
landed proprietor and that
But nowhere I'm the world does there
exist such Mecenas OF the press as
good old Nr. Bimbo. the leading pork
dealer OF Central Europe
Mr.. Bimbo lives In Budapest. and a year
ago the Budapest "l:gyetertes" published
an interview with him which stated SO
accurately ali his political views that he
sent forthwith TO the editorial rooms a
whole handcart OF hams. sausages. blood
buildings and other choice pork products
Since then. incredible as it seems, MIR
Bimbo has kept its editors fully supplied
with pork meat.
But man cannot live by meat alone. and
month or so ago the "Egyetertes" went
into liquidation. As the editors IN mourn
ful conference composed an editorial fare
well FOR their final issue. Mr.. Bmbo was
announced. He had heard the sad news.
and now. taking In the situation. he TOOK
out his checkbook and. with one stroke
~ the pen. st the "Egyetertes" on its