davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1914-07-26

SOUTH HIGHLANDS PRICE S500O-TERMS $500 CASH
 A NEW TWO-STORY HOUSE. Located on a nice little lot. east of goth street; has dining room, living room, kitchen, three bedrooms and tile bath, oak floors. beautiful woodwork, large cement basement and furnace heat. Just the best snap in the city. Terms real easy
The Birmingham age-herald., 1914-07-26

I lf1lo-EsA61 IEhMS. s200o.o0 will buy a very pretty new bunga-
 low near Owenton college. the con-
 ing section of Birmingham. Buy
 this for an investment if for no
 other reason. Easy terms. JEMISON REAL ESTATE & INS. O.,
 211, N 20th St. Phone 52SO FOR SALE-Three soda fount tables and 12 chairs. Phone Main 972.
 FOR SALE. 10 acres, truck farm, one mile from East Lake, new Broom dwelling and barn. 10 acres Broom dwelling and several tenant houses, plenty of water. blocks from street car.
 92 acres near Wylam, 40 in cultivation, sandy 1oam, practically level, good house, barn and outhouses 400 acres. near Cook Springs good farm cheap.
 5s0 acres near Anniston, ideal farm in every respect.
 1000 acres, Tennessee valley, a Jim Dandy, 60 bushels corn bale to acre; springs and creeks; fine for stock farm And more than 100 other farms of various sizes, many of which can be had in ex- change for city property.
 L. P. HILL, 1924 4th Ave Phone Main 4722. FOR SALE-Sacrifice; elegant home, 8 rooms, hardwood floors, tile porch and bath; east of 20th street; block off High land ave. Phone Main 2ss2-W. FOR SALE OR EXCHANGE = For farm, nice lot located in Norwood
 F. J. BURNS CO.
 l06 American Trusf T21du
The Birmingham age-herald., 1914-07-26

FILMS developed. 10c per roll. Prints 90 and 4c each. Prompt attention and work the best. Covell Co., 5-3i-tf FULL line Eastman kodaks and supplies: bring your films here to be developed and pictures printed; best work in tho city; prices right. F. w. Bromberg.
 1l-16-au-ff
St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1914-11-25

local capital in the work of develop
ing a local community. These local
men could fully acquaint them
selves with the desirability and re-
sponsibility of the applicant for a
local loan. The overhead expense
of such an institution would be
much less than that of a general
bank because it would not require
the entire time of any man and be-
ing limited in its field Of business
would not require so much oversight.
The state in return for a low rate of
interest to the borrower might ex-
empt the stock of such association
and it's loans from taxation and in
this way give direct aid to the work.
Make it a real cooperative agent
with a zone man one vote"~restric-
ton.
Briefly as possible we have sug-
gested real benefits for the farmer
at a very reasonable cost. We would
correspondence f: ON the
farmers and others that the subject
may be fully discussed and made
ready for consideration by the legiS-
lature.
St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1914-11-25
Trout For Caledonia County.

The biennial report of the state
fish and game commissioner of YER
mont gives statistics of the trout
distributed in the state of Vermont
in the yeas 1913 and 1914. There
were distributed from the state and
federal hatcheries in 1913 approx
imateIy 2,973,9O9 trout fry and fin
ge: lings and in 1914 3,258,98O. A
study of the distribution of this
enormous number of young trout
shows that sections of the state with
an active fish and game organization
received more than sections without
such organizations.
Caledonia county fortunately has
such an organization and has Jared
well during the past two years. 1t
will doubtless result in a material
improvement in trout fishing in this
section. But the work is not fin
ished. Liberal planting must be
continued if the best results are to
be had.
This fact prompts US to repeat
the suggestion made by the pres
ident of the Caledonia Forest and
Stream Club at the midsummer
meeting that the members of the
club in each town furnish the sec: e.
tary of the club, w. B. Eastman of
st. Johnsbury, with a list of the
brooks in their town that should be
stocked this next spring. The Sec
rotary will apply for the fish and dis
tribute as nearly equal as possible
the allotment to the club among all
the brooks of the county. This has
proven more effective than individual
applications in the past and will con-
tinue to be so as long as the club is
kept alive and active. Great work
was done last year by the club and
it wants to do more this year. 1t
will If the members report the
streams needing more trout and
keep their dues paid so the club
will have funds to carry out its
work. 1t is none too early to begin
reporting brooks to Secretary East
man.
St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1914-11-25
THE STATE GRANGE
Program For Meeting in Montpelier
Dec. 8. o and 10.


The following is the program of
the 43rd annual session of the Yer
mont State Grange at Montpelier on
Dec. 8, and 10. Monday evening:
Illust: ated lecture on cold storage
for the benefit of the farmer by H.
J. Campbell of New York. First day,
Tuesday, Dec. 8: First session, IL
O'Clock, opening grange in fifth de-
gree, appointment of standing COM
mittees, report of the executive COM
mittee, reports of deputies not to
exceed two minutes; afternoon ses-
sion, 1880 O'Clock, annual address of
worthy master, reports of officers,
int. oduction of resolutions without
debate, reports of deputies; evening
session, 8 o'clock, a banquet will
be held (the program is not COM
pIete), the Hon. .. L. Martin will
act as POSTMASTER, Governor-elect
Gates and other prominent speakers
are expected.
Second day, Wednesday, Dec g.:
Morning session, 9 O'Clock, report of
committee on credentials, report of
committee on division of labor and
maste: s address, 10 o'clock, election
of officers and two members of the
executive committee; afternoon ses-
sion, 1870 o'clock, exemplifcation of
the third and fourth degrees by Cob
BILE Hill Grange, No. 453, Barre;
evening session, 8 O'Clock, Grange
opened in the sixth degree and con-
ferring the same, Grange opened in
the fourth degree, reports of COM
mittee on mileage.
Third day, Thursday, Dec. H.:
Morning session, o'clock, reports
of committees on finance, education,
resolutions, good of the order, CO.
operation, transportation, publication,
agriculture, amendments and by
laws, claims and grievances, dor
maut oranges, trials and appeals; af-
ternoon session, 1880 o'clock, install
lation of officers, unfinished bust
ness.
The voting members of the State
Grange are the masters of Pomona
and subordinate oranges, and If the
master has wife or husband who is
fourth degree member in good
standing, he or she becomes the sec
ond representative from said Grange.
In case neither master nor wife nor
husband are able to attend the
State Grange from sickness or other
sufficient cause, the Grange may
elect a delegate, who becomes the
representative of said Grange, and
If said delegate has a wife or hus-
St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1914-11-25

The sentencing of three people in
Rutland to imprisonment for perjury
was an act that should have a bene-
fetal influence of court procedure
in the whole state. There is too lit
tie regard for the sanctity of the
oath and it is rumored that some
members of the bar school their wit
nesses in perjury. In the past, ap-
parent offenses of perjury have been
ignored but Judge L. P. Slack did
not believe this to be right and in
ordering the investigation that has
brought about the conviction of three
parties he has created a standard
that other judges must live up to and
if they do live up to it they certainly
will purge the courts of perjury.
St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1914-11-25

annum; Missouri, 10 days; Montana,
so days; Nebraska, so days; Nevada,
so days New Hampshire, $500 per
annum; New Jersey, $500 per an
mum; New Mexico, so days; New
York, $500 per annum, annual seS-
sions; North Carolina, so days;
North Dakota. so days; Ohio, ST.
600 per annum; Oklahoma, so days;
Oregon, 40 days; Pennsylvania, ST.
500 per annum; Rhode Island, 60
days, annual sessions; South Crao-
lima, $3.50 per annum, annual ses-
sions; South Dakota. so DAYS; Ten
nesse, IS days; Texas, GO days;
Utah, so days; Vermont, no limit in
time or salary; Virginia, SO days;
Washington, 60 days; West Virginia,
as days; Wisconsin, $500 per an
mum; Wyoming, 40 days.
The reader will observe that
twenty-four of the states, or exactly
one-half of the entire number, have
a time limit of 60 days or less, in
fact so days seems to be considered
a reasonable period in which to
transact the business properly COM
ing before the state legislature, and
this is as true of the large, populous
and wealthy commonwealth, as it is
of the smaller and less populous
ones.
If Indiana, with a population eight
times as large, and an assessed prop
erty valuation ten times as large, as
We mont, if Missouri, with popu-
lation neatly ten times, and an as
sessed valuation forty times that of
Vermont, can complete their legis-
lative program, one in 60, the other
in 70 days, how ridiculous to as
sumo or assert that Vermont needs
to consume a longer period of time
in its legislative work. to say moth
ing of a period twice as long, as in
the case of the last legislature.
A condition such as this, and I'M
der which the expense of a legisla-
tive session grew in eight years from
100000 to Over 100000 is nothing
more or less than a disgrace, and
any further delay in applying a rem
edy should not be tolerated.
With such an array of figures as
this before them the question to the
Vermont lawmakers is ''Will you do
an average days work at Montpe-
lier2''
St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1914-11-25
s464.e1eO76 +,

ing purposes $464,919,076 for
merly held as reserves by the
national banks of the country
but practically a large p-opor-
ton of this money is still held
by the national banks as working
balances and for exchange purposes.
When the system is in full force this
increased amount of funds can be
loaned by the banks.
The first duty Of the newly or
gained regional banks will be to
accept from their members for
rediscount, commercial paper, notes,
drafs and bills of exchange (unde-
strict regulations) and against these
the Federal banks can issue
their own bank notes, which will
circulate the same as all bank notes
(paper money!, the law making
these notes an obligation of the
United States. There is no specific,
legal limit to the amount of such
notes which can be issued, the OBJ
ject being to furnish an elastic cur
rency when needed. But the Fed
eraI Reserve Act contains provisions
preventing a needless exercise of the
note issuing power and providing
for a retirement of the increased
amount of currency when it is no
longer needed.
AS soon as it can be arranged a
simplif1ed and more easy method of
exchange and bank clearing is to
be put into effect. But this and the
other work the federal reserve
banks propose to do will require
considerable time for organization
and regulation.
So the advantages of the new sys-
tenn may be summed as the power
to rediscount certain trade paper"
and increase the amount of cur
rency in time of need, the release of
a portion of the money that has
been held as reserve for loan
ing purposes and an improved
SJ6lSul VI Uduh CACudASO- AO AWO
latter advantages are the most at
tractive to banking men. The redis-
counting feature may be advanta-
geous in times of serious currency
stringency but the regulations are
so strict and the rate of discount,
so far, so high that it is likely to
make little difference with the
volume of money in ordinary times.
This is effectively shown by the re-
port of all the twelve federal re-
serve banks of the country for the
first five days they were in opera
ton. While the payments on cap
ital stock totalled $1S,O72,O0O and
the reserve deposits were $227,-
$4,000 the rediscounts amounted
to only $5,607,OOO.
St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1914-11-25

Hon. Charles A. Prouty, director
of valuation of the interstate COM
merce commission, in an address in
Washington last week said that the
final solution of freight rate prob
lens must wait for the completion
of the physical valuation of rail-
roads. He estimates the cost of the
work at $5O,OOO.OOO, of which the
railroads will spend about $35, $780,
900 for maps and other data. The
valuation when completed will
doubtless be used by state authori-
ties in fixing rates and possibly in
app aisal for taxation. So it will
be seen that Mr.. Prouty is at the
head of one of the great undertake
ings of this country.
St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1914-11-25
Sixty Days Is Enough.

The Enosburg Standard has in the
following statement given the mos;
convincing argument that sixty days
is a reasonable time for the Yer
mont legislature to take for the
enactment of law. With thirty
days before the session begins to
introduce and revise bills Vermont
has less excuse for prolonging it's
sessions. Before quoting the
Standard allow US to suggest that
a public statement be made at the
opening of the legislature of the
number of bills presented to and re-
vised by the revisors in the thirty
days previous to the opening of the
legislature in order that the public
may judge whether or not this is a
profitable arrangement for the state
or for the two attornies who are to
draw $3.50 and expenses per day.
The Standard says:
With the sole exception of YER
mont, all of the states of the Union,
either by statute or constitutional
enactment, limit the length of their
legislative session, thirty-one of the
fOrIy-elght establishing a fixed mum
Der OF days for the session, and the
remainder having a fixed salary per
anIum or session.
Following is a list of the states
with the time or salary limit, each
state having biennial sessions, ex-
cept as other wise noted:
Alabama, so days, Quadrennial
sessions; Arizona, so days; Arkan-
sas, 60 days; California, $1,000 per
term; Colorado, $1,000 per term;
Connecticut, $500 per annum; Della
ware, so days; Florida, so days;
Georgia, so days, annual session;
Idaho, so days; Illinois, $1,000 per
annum; Indiana, so days; Iowa, ST.
900 per annum; Kansas, go days;
Kentucky, so days; Louisiana, 60
days; Maine, $500 per annum; Mary
land, 90 days; Massachusetts,, ST.
900 per annum, annual sessions;
Michigan, $500 per annum; Mime
sofa, 90 days; Mississippi, $500 per
St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1914-11-25
from her school at Lunenburs Cor

from her school at Lunenburg Cor
ner.
John Boyle was in town recently.
Hunters have not been quite so
numerous the past week an they
were at the beginning OF the open
season. The lucky ones to get a
deer were Walter Gleason one, and
Ceylon Shores and Lambert Smith
one together.
Nina Smith has finished her school
at Fitzdale and is at home for a
weeks vacation.
The towns people have decided to
put their telephone through to Da-
mons Crossing and have COM
menced work on It.
St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1914-11-25

band who Is fourth degree MEM
Der in good standing, he or she be-
comes the second representative of
said Grange, as In the case Of the
master. Delegates other than
masters or wives, or husbands of
masters, must present a certificate
f. ON the secretary of their Grange
that they have been elected as such.
A Grange can have but one legal
representative when the master or
delegate is unmarried, or attends
alone, or when the wife or husband
alone.
St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1914-11-25
A Correction

We are in receipt of letter from
George L. Hunt, clerk of the special
educational commission, in which he
calls attention to some statements in
our editorial last week headed
$4,000 For Public Schools" He
takes exception to the statement that
it is proposed to spend about twice
as much for union supervision as is
now expended" and shows that con-
siderable sums are expended now by
towns for supervision and this
amount added to what the state has
expended made for the year ending
June 80, 1912, $77,005.12 and that
the SIPS, 900 recommended by the
commission for supervision is not
twice that sum.
Mr.. Hunt also takes exception to
our statement that the proposed ap-
preparation for the transportation of
pupils els over six times as large as
the amount expended last year." He
then gives figures to show that the
towns and the state expended SILL
600 for transportation in the year
1913 (the year which we had quoted
from) and that the state had paid
$4,000 of this amount. Evidently
the statement that it was proposed
to expend over six times as much for
transportation is not true but it is
true that it is proposed to have the
state expend more than six times as
much. This is expected to relieve
the towns entirely of the expenses of
transportation.
St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1914-11-25
Our New Banking System

Although the federal banking
system has been in partial effect for
over a week, some explanation of it
may interest the readers of The
Caledonian. There are in the coun-
try twelve federal reserve banks
which were opened for bust
ness on Monday, Nov. 16. The
bank to serve Vermont and New
England is located at Boston and
is called the Federal Reserve Bank
of Boston. This bank is the fifth
in size in the country, the size of
each federal bank being determined
by the amount of the capital and
surplus of the member national
banks in its territory. The stock
of the regional reserve bank is
owned by the national banks of the
district, each bank subscribing to an
amount equal to six per cent of its
own capital and surplus, three
sixths to be paid in within six months
and the remainder on cali. The
money thus subscribed for stock of
the regional banks will form the
capital of such banks. The first
call for one-sixth Of the cap
ital stock was made on No
vember 2 and was paid in by
the member banks. In Vermont
forty-eight banks with a capital and
surplus of $7,O93,9OO will take cap
ital stock in the Boston bank,
amounting to six per cent of their
capital and surplus, or $425,634.
One-sixth of this, or $70,939, was
paid in on November 2. The two
national banks of St. Johnsbury are
members and having a capital and
surplus of $4,000 have sub
Iscribed for $26,4OO worth of stock
and their first payment amounted
to $4,000.
The next step in organizing the
regional banks was the transfer of
portion OF the reserves held
by the member banks to the regional
bank Of which they are members.
Under the old law national banks
were required to carry re-
serve of fifteen per cent of all their
deposits. Under the new law the
deposits of the member banks are
divided into two classes, time de-
posits against which a reserve
of FIVE per cent must be carried and
demand deposits against which a
reserve of twelve per cent must
be carried. OF these reserves the
member country banks, like those
of Vermont, must keep five-twelfths
in their own vaults, two-twelfths
must be deposited with the federal
reserve banks and they may leave
five-twelfths with their reserve
agents the same as they did under
the old law. At the end of one
year the member banks must take
one-twelfth of the reserve in the
hands of their reserve banks and
deposit it with the federal reserve
bank and continue to do this every
six months, so that at the end of
thirty-six months five-twelfths of
their reserves will be in their own
vaults and tive-twelfths in the fed
eral reserve bank of which they are
a member. Therefore 4-12 must
be carried in the vaults of the
member banks, 5-12 with the
Federal bank and the remainder
either in vaults or with Federal
banks. The call for the de-
post OF the first two-twelfths of
their cash reserve with the federal
reserve banks was made for Novem-
Der 16, the day on which the fed
eral banks were opened for business.
This deposit was made in gold, gold
certificates or lawful money. Theo-
retically this change in reserve re-
quirements has released for loan
St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1914-11-25
CRANKY

Gardiner Shores is building an ell
on A. w. Shores house.
Mr.. and Mrs. o. F. Wilson have
stored their household goods at Mrs.
Wilson's fathers. G. w. Shores,
where they will spend Thanksgiving
after which they will go to Ludlow.
Edna Wells is at home for week
St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1914-11-25

This statement is made in fairness
to the commission as The Caledonian
does not wish to mis-epresent condi-
tions. 1t also believes the commits
sion has performed work for the
state that should be appreciated and
very carefully considered by the
voters and law makers.
St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1914-11-25
FOLEY oArHARrrc rAnLBrs.

Are wholesome, thoroughly cIenns-
Ing, and have a stimula ting effect on
the stomach. liver and bowels. Regu-
late you with no gripping and no un-
pleasant after effects. Stout people
nnd they give immense relief and cum
tort. Anti-Bnious. G. G. Bingha M.
adv
St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1914-11-25

Entered at the 81. Johnsbury post
oncs as second-class mail matter.
St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1914-11-25

This paper is entitled to a place on
the Printers Ink Roll OF Honor
THE CALIFORNIAN co.
St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1914-11-25

Local notices. wants, for sale. etc;
notices 10 cents a line. three lnser-
tons Probate notices $500 each for
ton and similar notices $3.50 each for
three Insertions. Card of thanks. 15
cents. Obituary poetry. 10 cents a
St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1914-11-25

TERMS OF THE CALIFORNIAN
One year TO any address. ........S 1.5o
Elk months ...... "a
Clergymen In Caledonia County, $l-OO
St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1914-11-25
PUBLISH ED WEEKLY BY
THE CALEDONIAN COMPANY

Editor and Publisher.
70 Eastern Avenue. St Johnsbury, VT
St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1914-11-25
st. SOhnsbnry GaIrdsnian

WEDNESDAY. NOV. %. 1914.
St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1914-11-25

OUT OF TOWN AGENTS
BOston-EagIe News Co. 597 Wash
ington and IS Summer Streets.
Lyndon vIIIe-CamDbell Blodgett.
The Marietta journal and courier. (Marietta, Ga.) 1909-1918, 1914-12-25
DEATH OF Mr.. B. F.
GREER At KENNESAW

Mr.. B. F. Greer died in Kennesaw
last Saturday of paralysis in his S1st
year. He had been blind for some
time but was able to be up until
stricken with his fatal illness. He
was a member of the Kennesaw Bap-
fist church where his funeral was
conducted by Rev. G. S. Bond and
Rev. j. M. Spinks assisted by the
Kennesaw lodge of F. and A. Masons
who acted as escort and pall-bearers.
Mr.. Greer leaves one daughter,
Miss Maria, and seven sons Judge
b. V. Greer, of Marietta, George of
Sandy, Texas, Henry, of Colorado.
Springs, Lucius, of Nashville, James
of Cobb County, John of Atlanta.
Mr.. Greer was laid to rest beside his
wife who died three years ago.