davidaulloa/AmericanStories huggingface dataset:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-15
FRENCH LOAN QUERY-GOLD TO CANADA
GETTING OUR GOLD
BY THE WAY OF CANADA
Heavy Shipments to Ottawa Believed to Be for
Deposit to Credit of British Government
Exchange Rate Drops

That New York banks are quietly ship
ping gold 10 Canada was learned yester-
day. II u believed that those shipments
OF England at Ottawa.
One exchange broker said that these
gold shipments we're not being noised
about by the banks and that they were
being made In small amounts. He added
that as long as they kept UP the rate Of
exchange would continue TO drop. but
as soon as they were stopped rates would
soar again.
II was reported on good authority that
one OF the large express companies had
contracted to make a considerable ship
ment OF gold to Canada last night. At
the Suo-Treasury II was announced that
none OF the banks in the city had with
drawn any gold and this gave rise to
the supposition that the banks we're taking
whatever gold they sent to Canada from
the reserves In their own vaults.
In view OF the fact that the scheme to
make bank notes part of the legal
reserve for national banks and the plan
TO have the Federal Reserve Board sus-
pend any and every reserve requirement
for thirty days had fallen through and
that bankers still held that we must pay
our debts abroad 1t IL believed that gold
In small quantities will continue to be
sent TO Canada from the banks reserves
until Europe's demand for our gold Is
satisfied. That the Comptroller OF the
Currency will not censure the banks for
going a bit further below their reserve
requirements seems 20 be the impression
Exchange Rates Easier.
Foreign exchange rates eAsed some.
act n NJ As.r,,a nd ata rll
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-15
MAIL FOR EUROPE OFF TODAY
KroonIsnd, America and Potsda m
VIII Carry II.

The steamships Kroonland of the Red
star Line, America of the Italian Line
and Potsdsm arc scheduled to sail to-
day with European malls, according TO
announcements last night from tho Poet
Office Department
The Kroonland will take mail for Iiu-
rope except Germany, Austria and Hun
gary Mail closes at q 80 A, " The
America will take cargoes to Germany
and Austria Hungary via Naples Ma
to other parts must he specially addressed
Mall 10 the Netherlands and Germany
will go on the Potsdam which sails TO
Rotterdam
The incoming mail service Ia decreas-
ing rapidly. 1t was said at tho post
office yesterday. as most OF the vessels
leaving from tn other side have NON
arrived in New York and there art few
sailings being booked
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-15
CUSTOMS RECEIPTS STILL FALL.
Further Drop Expected Now That
Belated ships Are In.

There was falling of In customs re-
ce!pts yesterday both In the amount re-
ceived for recent importations and for
goods taken from bonded warehouses Tho
shipments on belated steamers which hsy.
been holding the customs receipts up TO
the normal have nearly all passed
through the customs and q decline may
be expected from now on.
The receipts yesterday were s4o2.-
0o.7o. OF this amount si72.S23 20 was
for recent importations and s229.67s30
for goods taken from tho bonded ware
houses
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-15
WAR MENACES TEXAS ONIONS.
Seed for Crop Delayed In Democrat.
tsattou of shfppfuR.

An agent OF the Texas Onion Growers
Association has been in New York ali
week trying to learn what hae become OF
the onion seed ordered from TenerifYe, one
OF the Canary Islands, for the coming
crop. The Texas growers raised 1000
acres OF onions last year and made
N,boo,ooo above expenses
The supply OF seed required 4, 20 600
pounds or this only 400 pounds have
been received. Part OF the seed is af,oat
for London. Some Of Il is said 20 be in
London.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-15
BIG BUSINESS ADOPTS
PLANS TO WIN TRADE

and insurance propiems and in ocean
transportation problems. IN order that II
desired, In cooperation with the appro-
pirate committee OF Congress, bills may
be framed for consideration designed to
promote tho accomplishment OF these
greatly 10 be desired ends"
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-15
Merchant Marine.

Resolved. That tho present opportu-
nifty 10 extend American trade and the
opportunity now to begin the creation
OF a mercantile marine under the United
States flag IL so great that this conference
appeals TO Congress by immediate and eff
fective changes In our navigation laws TO
make Il possible for our citizens without
scrimnatlon TO buy and operate sh!ns
under American registry in foreign trade
on equal competitive terms with all other
maritime nations.
"Rosolucd, That this conference deeply
appreciated and earnestly and sympathet-
ically responds TO the suggestion OF the
Secretary OF the Treasury In his opening
address that the cooperation of the busl
ness interests Of tho country with the
Government and It's various departments
should prevail and In order that each
may be effectively and most promptly
accomplished. be II
"Resolvcd, That II is the sense OF this
conference that standing committee
should be appointed composed of rocog-
nized experts in foreign exchange, marine
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-15
Continued from First Page.

the Administration to the proposed estab-
ushment OF a war insurance bureau there
eas a strong belief among those who
talked with officials that favorable atti-
'ude would be adopted In these para
graphs of statement issued by Secretary
NcAdoo tonight there was seen a lean
ing toward 1t:
such an undertaking OF war insurance
would be temporary, Il was said. and
purely to meet the pending emergency,
and should be conducted upon a business
basis. the Government to receive the pre-
NUNS for the insurance issued.
ut was stated that with the enlarged
registry Of American ships and action by
the Government experimenting what pri-
vate companies might be able to do In the
way OF Insurance the questions OF exports
or grain and cotton and OF foreign ex-
change would rapidly solve themselves
Foreign exchange. II was declared, will
hrd its equilibrium when the United States
Gets the ships and moves the grain.
1T was pointed out that Great Britain,
Belgium and France are now in-uring the
vessels and cargoes flying their flags
against war risks"
The legislation authorizing the Govern
ment TO insure vessels and .he!r cargo,s
would take the form Of creating a fund 10
meet such losses The issuance by the
Government would relate solely 10 war
risks and would therefore supplement the
ordinary marine insurance, II was sug-
gested 81 the conference that an APP
preparation of at least 100000 900 would
be necessary TO start ;he fund.
The National Foreign. Trade Council
through its chairman. John A. Farrell,
president OF the United States Steel Cor
poration. was one OF the organizers who
presented a resolution in favor OF Govern
ment insurance OF war risks on American
ships and cargoes. This council Is work.
Ing not only for the relief OF the existing
,ituatlon but 10 insure n further econ omic
development OF the American foreign
trade.
The personnel OF the conference was the
most distinguished OF any ever held here.
II included prominent bankers and husi-
ness men from all parts OF the country.
j. p. Morgan. James G. Hill. Presiden;
Farrell OF the United States Steel Cor
poration. James Speyer. A. J. Hemphlll
and Pliny Fisk were among those present
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-15
The Resolutions.

RESOLVED, That this conference repre-
senting the business interests OF all Soc
tions OF the country, expresses it's high ap-
probation Of the prompt and effective ac-
ton OF the President and Congress and the
Secretary OF the Treasury In sfford!ng a
prompt solution OF the currency difficulties
created by the outbreak OF war In Europe
on colossal scale. and that this confer
ence urges upon the Government. the Sec
rotary OF the Treasury and Federal Re-
serve Board to continue It's cooperation by
the adoption OF such measures and rem
dcring such prompt aid as may be neces-
sary to enable this country 10 cope with
the difficulties created by the unprece-
denied disarrangement OF foreign trade
now existing, and recommends especially
that immediate assistance be provided TO
permit the negotiation Of bills OF exchange
and the shipment OF products TO foreign
markets so that the congestion already
prevailing may he at once relieved and
that the financial balance of trade may
become in our favor
"Resolved, That this conference urges the
United States Government 10 establish a
bureau OF war risk insurance 10 be admin
istered under the direction Of a suitable
government department by board OF
three or Ave members which shall assume
the risks OF war on American vessels and
American cargoes shipped or to be shipped
thereon, when In the Judgment Of the
board II shall appear that American YES
sells or shippers on American vessels are
unable In any particular trade to compete
on the water with tho vessels OF ships OF
other natonalitles by reason of the pro-
lection afforded such other carriers or
shippers by arrangements for war indem-
nifty through their governments and that
such board have power TO nx rates OF pre-
MUM subject TO change TO each country
or for each class of cargo.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-15
sees Trade Dangers.

TIE letter in part follows:
y urge YOU 70 use your influence 10
prevent the proposed sl00.000000 war
loan 70 France mentioned in the morning
papers. This loan threatens the interests
o. every bank depOstor and borrower in
tie vs!ted S;a'es Il tends TO raise the
Interest rate and brins about the con-
str.c,.on OF currency, which the recenk re-
se7ve act was des. gned 10 prevem. 1t will
obstruct American expansion TO South
American markets at a time OF unequalled
opportunity.
Apart from considerations OF neu-
trality, the proposed loan Is un'
wise since II makes the soundness
Of future American finance depen-
dent o. French success. What guar
antee have American bankers Of French
victory? What certainty Is there that
after the presen; European struggle there
will be France 20 repay This loan?
French reverses would shake Ameri-
can finance and ruin thousands OF de-
positors, since banks are so closely re-
lated that III fortune TO one means dis
nster 70 many. American money is
needed 70 take advantage OF trade
chances thrown open by European neglect
20 .ay the foundation Of future prosperity
Tas money should not be wagered on
French success
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-15
Not Advised Of Attitude.

we advised them that Irrespective OF
any legal ri-ht 10 loan to belliger o. u,
We should no. care 10 consider the sub
sect (, the Administration should have the
slightest doubt IN the matter. We have
10; as Yet been advised OF the attitude OF
the Department and can quite understand
that possibly they may desire to refrain
from expires sing any opinion.
III they should express no opin on we
shall be governed entirely by the inter
ests OF the general situation as we see
them. should an application be made for
the loan. which Is not yet the case"
In letter sent yesterday 20 Secretary
McAdoo protesting against the rumored
500. 600. 600 loan 20 France, Louis White
Feh.. secretary OF the Park Board. who
has been Identified With German Aneri-
can societies In New York. said sucl a
loan would tend 10 vitiate the efforts of
President Wilson, Mayor Mitchell and
other public spirited officials TO keep down
,he price OF fooistuffs and other necessi-
ties IN this country. He declared that hu-
mainly as well as public interest here in
deate that funds and food which would
make possible the continuance Of the Eu-
r9pean var should be kept in this coun-
Try
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-15
Would Resent II, lie Says.

Y note that advocates OF the loan de-
care that the money will be used to buy
american .opis,urfs sor use abroad This
urged as an argument for the loan on
TIE theory taat II will enhance pros
per.ty here believe that the great mass
o. our people. salaried and wage work.
ers on 'ixed income. would resent hav-
ing the Admin stratlon approve step
"A.ch would drain this country OF meat
hAi wheat and raise the price OF food
70 our own citizens
Feed America first The sooner Eu-
rope is starved both In money and food
NE sooner will the Wholesale murder in
Europe stop Humanity as we'll as self
interest dictate that this country should
noi assist IN any way in this European
bl'chevy Funds and food from our
SHORES Will make America responsible for
ne deaths o. thousands Of conscripts and
ne misery O. their widows and orphans"
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-15
MORGAN & CO.
SOUND U. s. ON
FRENCH LOAN
Won't Consider Raising
StOO.000.OO0 if There Is
Any Objection.
10 PART OF CREDIT
FOR GOLD EXPORT
L. W. Fehr. Park Board Off
cial. Protests in Letter
to Mr.. McAdoO.
Up Morgan a Co. issued a statcmcn,

! r Morgan A Co. issued a statement
yesterday afternoon IN which the banking
firm Told OF ts position in regard to a
French Government loan at this time
IL had seen rumored here that such a loan
would Be arranged by Morgan & Co to
IRE extent Of 800 600 900
We have not been asked by the French
Government 70 make a loan" the state
r,,r, saws but we have been approached
by private interests to know whether we
would entertain negotiating loan for the
French Government IN case the Govern
m.nt should desire such loan. II was
stated 20 US that II the loan should be
made Il would be for the purpose OF Gre
aung credit IN the United States, tho
proceeds OF which would be used to buy
American products tor the French people,
and tina, no part of the credit would
be used for gold exports
Immediately upon receipt OF this in
ou.ry We communicated the fact to the
State Department. saying that we were
not az all clear that II asked we should
desire 10 negotiate the loan, but tina; In
any event We would rot give the matter
Consideration without first acquainting the
Department with the facts and ascer-
taning their attitude In regard TO for
slgn loans az this time.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-15

stitution quoted II at 4g7M4ss Gables
were quoted at from 4.99 to sol Franc
cables were 5.07G5.10. One exchange
broker reported that the foreign ex-
change business was more active than II
had been for the last ten days and said
that q considerable number of grain bills
were coming Into the market.
One bank extended credit TO q London
Institution against shipments of grain and
cotton amounting TO about 100000. II
was explained that in normal times this
would not be considered anywhere near
satisfactory days business, but II
caused the officials of the bank putting
pointed out that II was an Indication that
things we're beginning to adjust them
selves and showed that the bankers here
were gradually beginning 70 get control
OF the situation. Tho grain and cotton
shipments are To be made in Norwegian
bottoms
SIN Discuss Credit Balance.
The banks which have bean negotiating
with the Bank Of England regarding the
establishment OF a credit balance here are
still receiving cables from the directors
Of the bank. II is believed that England
intends to wait until she sees how her
reserve depository plan in Ottawa works
out before engaging any institutions here
to act as Its agents
II was announced yesterday that the
sale OF American Bankers Association
travellers checks for use and redemption
in the United States has been resumed
Cable advices from Vlce-Presdent Kent
Of the Bankers Trust Compay. now In
London, say that American tourists
throughout the United Kingdom In all
accessible places on the Continent are
experiencing no difficulty In oashing their
travellers checks or obtaining small
amounts on their letters OF credit.
The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1914-11-17

Retain told them that the Losses ana
Power were behind Il. The Losses
and Power have repudiated connec-
ton with the institution.
Judge Collingwood's glasses play ed
leading role. Monday. In the trial.
When Witness Grigg was asked how
much money he had on deposit, he
said: Left my glasses home,' as
he peered into his bank book. Judge
Collingwood removed his glasses,
handed them 10 Grigg. Both the
Judge and Grigg were pleased with
the results. Grigg had no trouble
reading the figures In his book.
Pinck. the second witness, also left
his lenses back In Flat Rock, his
home. Once more the judicial glasses
were brought into play, and they
again scored a triumph.
James Gault. rs years old, the third
deposition to testify, also has eyes
that are too weak to read figures
without glasses. The Judge handed
over his glasses for third time with
an air OF pride. Gault's 7s-year-old
eyes looked through Judge Colling-
woods glasses upon the rows OF fig-
ures, and he read them to the jury
without further difficulty.
The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1914-11-17
NERVOUS CHILDREN

Children are nervous because they
inherit q tendency to nervousness, be-
cause they overstudy or overwork or
because they are run down physically.
Whatever the cause. nervous chill
dren need careful management. Scold-
Ing does no good and most forms OF
punishment are harmful. See that
the patient does not overwork or
-overstudy, give good nourishing food.
sufficient out-of-door exercise and a
safe. non-alcoholic tonic. DIR. VIII.
liams' Pink Pills are the tonic for
such cases, harmless, sugar-coated
and easy to take. AS the tonic treat.
ment builds up the child's nervous
strength there will be less demands
on your temper. less temptation TO
scold. When nervous children get in
"tantrums" put them to bed, whatever
the hour OF the day. II the par
oxysm continues give the child a
warm bath and return Il to bed. And
persist In the tonic treatment with
DR.. Williams Pink Pills. the nourish.
Ing food and the exercise. 1t Is sur
prising how many nervous disorders
are corrected by building up the
blood. Even st. vitus' dance will
yield II you are faithful.
book on Nervous Disorders will
be sent free on request by the DIR.
Williams Medicine Co., Schenectady,
N. Y, II you mention this paper. Your
own druggist sells DR.. Williams Pink
Pills.-Adv.
The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1914-11-17
CHOURS GIRLS AND
ACTOR IN AUTO SMASH

Ben Linn. one of the principals In
John Bunny's musical show, went
through two performances in the Ly-
ceum theater, Sunday. with one arm
broken. and his body badly bruised,
while nine OF the chorus girls were
nursing bruises. as the result OF an
auto accident that occurred early
Sunday morning. near Ypsilanti
Travis Beal. son OF Junius K. Beal,
regent Of the University OF Michigan.
was bringing Linn and the chorus
girls In his machine TO Detroit, from
Ann Arbor. where the company played
Saturday night. Just outside OF Ypsi-
lanti, the heavily-laden alto grazed a
machine, west-bound, containing Rus
sell Albertson. his sister, Ruth, Roy
Coville. a Ypsilanti normal student,
and two young women whose names
were not learned. Both autos went
into the ditch. Beals machine wind
Ing up against post, while the other
auto was overturned.
That none of the occupants OF either
machine was seriously injured, was
a remarkable feature OF the accident.
The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1914-11-17
WANT 8-HOUR DAY
in GOVT WORK
Delegates to Labor Convention
Denounce M. Reynolds Re-
cent Ruling

PHILADELPHIA, Nov. 16.-Steps
were taken at today's session of the
American Federation Of Labor to make
the eight-hour work day operative In
government construction work. An
opinion handed down by former Attor-
ey-General James McReynolds
against union hours on work under
government construction was bitterly
denounced. An Investigation was or
dered TO substantia.e assertions that
the eight-hour day uld not prevail In
the work of building the Lincoln me-
mortal at Washington.
Vice-President Duncan of the Amer
lean Federation of Labor. declared
that McReynolds' opinion was respon-
sible for this condition. The former
encouragement held that in govern
mental construction work from sup
pi4es purchased III the open market
the eight-hour day need not apply.
Duncan argued that since all supplies
Tor government buildings are purchas-
ed In this manner. McReynolds' opin-
Ion Is a stumbling block to union
hours
A motion presented by John b. Len.
non, urging that an attempt be made
to have a favorable opinion on the
subject rendered by Acknowledgement
Gregory, declared that the construc-
ton of the Lincoln memorial was en-
tirely out OF harmony with the life
OF the president in whose memory It
was being built"
The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1914-11-17
MARRIAGE LICENSES

Robert Widows. 2S. Akron. O.: An
ma l.. Lautzenheiser, "a.
RAYMOND Ashman, Is: Elsie Theide.
Frank J. wahl, q, Defiance. O.; Net
tie Allison. "a. Toledo.
Arthur Clarke. 40. sewickiey, Pa;
James Phillips, IS. Highland Park;
Harry Treat s5. Detroit. Minnie
sye oseph ksSo ca51 : Elizabeth sax, Is
Eli.ssssh Gyos.in.fi ., . aa%'rameR'
Ma An'c zya Lssniak. g. nittsburgh. Pa;
John Mazukiewicz. 81, Hamtramck:
Antonio Kowalska, ii, Detroit.
Joe Rothberg. "a; Bertha Kaizman.
Henry Fabian. as; susanna zileniak.
Carlo Granata. 2s; Maria scaraglio,
Michael sokalski. 81; Anna Protycka,
20.
John Tonczak. 2s; Helen sczesniak,
Frank Keller, 30. Detroit; Minnie
Wiethorn, S.. Cincinnati, o.
Leo J Brock. 20. Detroit; Elizabeth
Alex Kaminski. 90 Rose sandomier-
George Heintz. 81; Elizabeth jan
William J. sinske. 81; Anna vizthus.
30.
Samuel Meyerson. "a; Rose shlak-
man, IS.
Frank schwacha. 20. springwelis, 20;
Olive Norris, Is. same.
Toney Luebikis, 20; Josie Ambrazar-
tbs, 49,
Raymond Patten. 2s; Anna Teschke.
26.
John Schultz. 20: Rose Kuhr. Is.
Richard Newman. n, Detroit; Esther
Lashbrook, Is, Goodells, Mich.
Inhn Rich Al. Annfa he
Leo Chemons. 81; Theresa Frihont,