davidaulloa/AmericanStories huggingface dataset:
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1914-09-21
$4,000
7S Acres

No. 1907 78 Acres $4,000
The third prize overlooks Cobbossee
and borders another pond for a mile.
The soil is exceptionally good Cut
tons from acres this year Fine watered
pasture for large number of stock. 1900
cords wood, and lumber for home use;
2-story, 7-room house built in 1910 water
at sink. Piazza feet wide across front
of house affords beautiful view of lake.
Barn built 1913 with cellar, tieup 6 head
and horse, water in front of cattle. Hen
house 15x25 built 1910 Great market for
poultry and dairy products. If sold this
month will include whatever crops, stock
and tools are on the place.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1914-09-21
RUBBER STAMPS, ETC.
CARDS, NOTICES, ETC.

MRS. CRAM, CLAIRVOYANT, CAN
be consulted on all business and health.
References from business people. Read
ings by mail, Capitol St., Augusta.
sept14d1ws
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1914-09-21

20 WHITE WYANDoTTE PULLETS.
Regal strain. Have more than l want.
Union st. Tel. 1o9-W sept21dlt
1850 WoMEN's HOUSE DRESSES,
long and short sleeves, low or high neck,
choice Csc. septl9d6t
A BATH TUB THAT EVERYBODY
is delighted with. it fills long felt want.
u perfect bath in any room in your home
at little cost. W. L. Moody, Pleasant
St. Randolph. Maine. sept1Sd3t'
ONE LARGE TWO OVEN RANGE
suitable for boarding house, at So oak
street. Sept1Sd5tS
A GOOD POOL TABLE AT ONE
fourth cost. one Prairie State incubator,
go eggs, one Cyphus brooder, new, at
one-third cost. Also SO first class r. l.
Red yearling hens now laying, at S1.0O
each. Near ind. ice house, Pittston, Me.
+. E. Moore. Route L. septlSd5t"
500 CHICKENS FOR SALE AT
once. R. /. Reds and B. P. Rocks, and
months old. Address Ona L. Harring-
ton, Norridgewock, Maine, r. +. d. 2
Tel. 1898 septlSd3t*
HOUSEHOLD GOODS, CHAMBER
Set Morris chair, couch, art square, etc
Three fine ferns and quantity of canned
goods l0l HighhoIoorn St, Gardiner.
septl6d1w
SPECIAL FOR A SHORT TIME
Wignt's Jewelry store, ga Water st.
e' septl6dtf
STABLE DRESSING. w. H. NILES,
,Haliowell. Me. sept15d1w
A 80 II. F. d CYLINDER AUTO
mobile engine, 5000 with body and chas-
sis, with New Master Vibrator, horn and
extras. Malcolm chase, Il Capitol st.
Tel. 65-R. septl5dtf
IS PASSENGER AUTOMOBILE,
just overhaUled and newly painted. in
perfect running order; will sell or trade
soule, So Melville St, Augusta, or G. A.
Ellinwood's, 1S3 Water street. septl5dtf
"a fOxHOuND DOGS. II FOX
hound pups, none better; rabbit hound.
/ English greyhound, all good dogs, rea-
sonable prices. ". G. Turner. No. "a
state street. septl2d2w
A POTATO HOUSE FOR SALE OR
lease at Vassalboro, near depot. Mrs. G.
R. Smith, Nassalboro. Me- septl1dtf
FIRST GLASS, Dry HARD WOOD,
soft wood and kindling, promptly deliv-
june13dtf
HONEY, HONEY, HONEY. PURE
clover honey of the finest quality. It's
thick, rich and delicious. Delivered in
Maine by parcel post. Y IBIS. 81 80, lbs.
Sl0J Lonsfellow Bros, Hallowell, Me.
SeplIUdlI
IN BARN 10 or 16 TONS MEDIUM
coarse early cut hay. Address E, Y, Box
u, r. 2, Augusta. sept3dtf
MONEY! ACC Q vi M Q DAFT o N
loans made privately with privilege of
paying back in easy payments. Write us
or call. Collateral Loan Co., Augusta,
Me-, Opp. Cony House. up stairs.
aug27dtf
TURNING LATHE. TURNS "a FIT.
pole. Also attachment for small iron
work. and a jig saw. Address L. E. Y,
Box 26l. Winthrop, Me. julylSdtf
ONE TRAP, ONE LIGHT EXPRESS
wagon, two Surveys, one solid rubber
tired Concord. one steel tired Concord,
one Stanhope top buggy, two piano box
top buggies, one cushion tire open piano
box buggy, one double work harness, all
new except the trap. Inquire at the E.
f. Marson carriage shop, State street,
l1Ol lte
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1914-09-21
LoTs FOR Saloon JOHNSON,

Cushman. Drew and Pike SITS. Not the
little pinched city lots with barely
room for house, but high suburban
lots, each containing $500 square feet
Near good school and electric road. The
public service of city water, gas and
electric lights available for each lot. j.
r. Townsend. Augusta, Maine, 3lS Water
st. House telephone 2l5M. jly11dtf
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1914-09-21
E. L. WORCESTER, Mgr.
s25. ACRE INTERVALE FARM
Hay, Crops and Tools Included

Hay, Crops and ooIs IncIuded
Fields of smooth Level river bottom
land; every acre worth 500; 1000 eds.
wood, 100000 fl. pine timber. spring
watered pasture for 80 head; apples,
plums and small fruits: good 10-room
house, loft stock barn, horse fork. 2
siios and cellor; broom cottage for help:
glorious view of the intervale, river and
mountains: miles to depot and adv. /;
aged owner unable to handle SO large
farm will include 70 tons hay. % acres
crops, farm tools, machinery, etc.
Price only $1,000, part cash required all
details and travelling instructions. page
2. "Strouts New Special Farm List, :"
just out write today for your free copy
E. A. Strout Farm Agency, Station 1876,
294 Washington St, Boston, Mass.
se0t9111+
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1914-09-21
MRS. NATHALIa LEONARD
Oakland, Maine

A FINE STOCK FARM OF TOO
acres, fields are level and free from
rocks cuts about 60 tons of hay, fine
pasture for 10 head of stock. plenty of
wood and lumber for home use. Two
story house of 10 rooms. large piazza,
wood shed. carriage house, and large
barn 40x72 with cellar, water in house and
barn. Buildings are in first-class repair
and all connected. Fine location, good
neighborhood, near schools, churches,
depot and stores. If sold at once can be
bought at a bargain. d. l.. Hysom
Agency, Cross St, Augusta. Tel. 67S-X
sept2ldtf
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1914-09-21

We have a large list of farm and city
property of all kinds; If you are thinking
of buying be sure and come and see us
and we will have you do business with
the owner which will make a great saw
ing for you C. E. CHASES CO., 211
Water street, Gardiner, Me. Tells. Office
CIV, Res. 303-R. DIFF
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1914-09-21

Hallowell, Union and Central streets; y
rooms. besides large bath room; large
garage. c. ii. Clary. Telephone 727-J.
augSdtf
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1914-09-21
Sale Report

Charles w. White farm, Hallowell to
Everett Haywood Rochester, n. H.. /;
Sumner Beckwith Of Pittston to Grover
Moody of Pittston.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1914-09-21

been looking for, % acres of good land
about miles out on the car line on Ban
gor Road Speak quick or you will lose
it. d. L. Hysom Agency, ) Cross St, Au-
gusta. Tel. 67S-X. sept21dtf
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1914-09-21

SO ACRE FARM NEAR CAR LINE,
buildings connected and in good repair,
orchard, wood and tirpber for home use;
get price and full particulars at once,
II. B. Sawyer Farm Agency, 335 Water
ST., Augusta. Me Tel. S01-W jly14dtf
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1914-09-21

TRAINS LEAVE AUGUSTA AS FOL
LOWS:
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1914-09-21
HOUSE ON MURRAY ST. s.


ant connecting rooms, suitable for man
and wife or Two persons for light house
keeping, at 234 State St. sepu6d1R*
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1914-09-21
Wiscasset, Waterville &
Pennington Railway Company.

IN EfrLCT JUNE q, 1914.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1914-09-21

set. Morris chair, couch, art square, etc.
Three fine ferns and d quantity of canned
goods. l01 aighholborn St, Gardiner.
sept16d1w
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-10
LIMITED PARrNERsHlPs.


We, the undersigned. In order to form
nm par,rershiP, Sursuant 70 the n~s "
FIRST-The name or irm under uhtes
such partnership Is to be conducted 10
Barney Colt. and the county wherein n.
principal place OF business Il 10 be looa"'
Is the County OF New York
SECOND-The general natur. OF the BUS
ness intended 20 be transacted IL the pro-
fesson Of architecture
THlRD-The names OF all the genera ana
special partners interested therein. al o,
whom are OF full age, and their respective
places OF residence arc as follows:
The genera partner Is stockton Bssknan
Colt, who resides at Elizabeth, New Jersey.
Tho special partner Is ] stewart Barney
who resides at No. 81 West 5Tth street Ne"
York City
FoURTH--The amount OF capital which
the said y. stewart Barney, the speGa
partner, has contributed to III. common
stock Is One thousand dollars $1,000
F1FTH--The partnership Il 10 hesn on
the first day OF August, 1914 and IL 10 ena
on the thirty hrst day OF luly l9l7.
STOCKTON BEEKMAN COLT
J. STEWART BARNEY 49,.
"Acknowledgments and aridavlts attaehe'
60 original on ME In County Clerks Once
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-10
MoNTCLAR $l,o4s, 800 RICHER

MoNTcLAn, N. j.. Aug. s.-Montclairs
taxable valuation for 1914. according to
the computation Just completed by the
Board of Assessors. 70 Sl,04s.500 more
than last year. The total valuation II
,$43,61t.10o a. follows: Land. S1723e,-
500: buildings. $fi.2l6,io0; outbuiidings.
Ssl6.so0; personal. SA,its.aoo.
Tho figures indicate that Moneclsir still
maintains Its position 80 ono Of the
wealthiest communities In the United
States, the per capita proportion OF
wealth being 3l,74l.5s. Only Hrookiine,
Mass., and Greenwich. Conn. ere said to
exceed Ola -
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-10

bllity Of foreign competition has already
helped various industries. notably steel
manufacture. TO foresee q potentially OF
profit not recently visible. and so II goes.
No one can pretend to say that the
war will make for American prosperity
soon, certainly not for a prosperity as
sound and desirable as that to which
peace conduces; but so far as can
be determined now the business future
Is not altogether black. even II an un-
pleasant interval of stagnation should
prove TO lie Immediately ahead. In other
lands than ours the war has precipitated
chaos, as. for example, throughout the
South American countries; but there is
some reinsurance in the fact that al
ready the belligerent nations have begun
to evolve a semblance of workable con-
ditions. With the aid Of moratoriums
and the issue of paper without the Gus
tomary gold cover tho Bank of England
and the Bank Of France have been able
to put their discount rates down to s
per cent. and per cent respectively, and
the principal financial events of the week,
undertakings directed toward the restora-
ton OF International. financial and COM
meroial dealings.
Railroad Rate Decision at Last.
thS Wdi Aas hitticu
can factors is shown In the relatively
small amount of attention paid to the
decision OF the Interstate Commerce Com
mission in the Eastern rate case. At
that the decision deserves moro discus
sion than II has generally received. The
railroads did not get much in the con-
cession of advances actually allowed.
but they gained more In the Official ad-
mission that they did not earn enough
money and In the grant OF somewhat
higher rates, 90 that the commission did
not altogether divorce theory from prac-
tice The decision was optimistic IN IT'S
suggestion on the whoie that regulation
OF the railroads was moving along the
lines OF new departure, but the pro-
gramme made was 80 slow that 1t did not
do much 20 commend commission govern
ment TO business men. who know with what
celebrity business conclusions must he made
and acted upon. The subject is rendered
more important BY the accomplishments Of
Congress in tho further extension lof
commission government through tho Fed
ersl trades commission bill which Was
iast week passed By the Senate ana sent
70 conference with the HousA
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-10
sURRoGATEs' NOTICES.

BACIGALUPo JEANETTE II In Pr
suance OF an order Of Hon, Robert Lldo
Fowler, q Surrogate OF the County OF ~,
having claims against Jeanette II Bsrss
lupo. late OF the County Of New YORK
ceased. 20 present the same Win vel ,. =;
transactlng business, the ono. Of Cnloe.t
Brothers, No. . Rector street. In the C!'s o.
New York OH or before tho 25th day OF Jss,
uary next Dated. New York, the iOth cSy
July. .islt. FRANK JEANNE ana H DFRr
BROTHERS. Attorneys for Executor"
Rector Street, n. =. City.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-10

TO THE HOLDERS OF FIRsT MORT
GAGE ~ SO-YEAR GOLD BONDS OF
THE BUSH TERMINAL COMPANY
DATED APRIL 1. 1901
The unders.gnsd SuooeSses 10 Knfo6sr-
booker Trust Company. Trustee under mort
gage above referred TO- desires under
authority of said mortEaGs 70 eIpend the
sum OF Thirty.one Thousand Two hundred
ten dollars Cssl. 400 in the purchase OF
bonds or eah issue. provided said purchsss
can in its opinion be now made advAnta-
Geously,
Sealed offers OF said bonds may be sSnt
partment. 90 Broadway New York City. on
pr before Tuesday, septembsr ist 1914, a
1900 o'ofook noon
The right IA ressrvsA % ss,sot sny o.
al onera-
COLUMBIA TRUST COMPANY,
BY GEORGE Il. WARREN,
Dated August 9. 1914. Trust Orncer
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-10
Ts thS Hs,dsr, Of the First Mortgage
Gold Blonde e the Consolidated Coal

Notlce L hereby given that the und.r-
shgnsd as Trustee under the First Mort
secure the above mentioned bonds. Will
receive, ~ ms ofics, No. Is Wall Street. in
OF New York. proposals for the sale TO IL
on September 1914. Of said bonds at
est. plus a premium OF 5qs 20 an amount
sufficient to exhaust the balance to he on
Mortgage. viz, s7,is5,0a All proposal.
than - O'clock noon the 2sth day OF
AY{ SN;rr 1sit' rvrsr cox,.vv &c.
by H. r. Wilson. Jr.. Asst Secretary
Dated At New York. August 10, 1914
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-10
NEW YORK FIRE PROTECTION
COMPANY,

IN. Eaaitabis TruT Company Of NV
York a. substituted Trustee, desires TO pur-
Chase one of tho above bonds ana wall re-
noon. August 2sth, at ito ofrioe. 81 wall
creet New York city. The right to rejeot
any and all orers 10 reserved
THE EQUITABLE TRUST COMPANY
OF NEW YORK, Trustee
~ LYMAN RHOADES. Vioe- PIT esident
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-10
DIVIDENDS AND INTEREST.
sAhNNhAfOLLs, Vt: PAUL sAULT STE
MARIE BY. 90.
Minneapolts AuEuAt bt6 IVA

Tns Board Of Directors A4vs chs DAY
S Ss..s on, of ,ss suEpiu. s1rnins. Of shs
uend of Thres and ons-nan per sent
$3.50 On the Preferred Stock. ana a esnI.
cent 8s ON the Common Stock; both
HI O., s.e VII be paid ootobsr 18th 1914.
temnsy A9gH.eers OF Record at r. NJ Sep
o ~ WEBSTER. s.-.s.sy
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-10
SITUATIONS wANTED-MALE.

PO0ITIoN a. private secretary or com
pAnicn for an elderly gentleman. Gsrman
BY birth. Graduate Of University Of Munich.
epsaks Carmen. french and English fuentiy.
Address Baron A. Won ZAbuesnic, care 81
Nre. II q Handy. las Lengmssdow road.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-10

srrUArIoNs wANrEp-FEMALE.

0ovBRNEss-Young French lady. Protest
ant languages, excellent musician. wishes to
secure enga gemsnt In best family as com.
panion governess 10 Grown up girls. Bngiish
and Comedian references. Apply to Box y
l0l Sun.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-10
LOST. FOUND AND REwABDs.

LOST OR STOLEN--Bank book No tStt,
of the EmiErant Industrial savings S.hn
Payment stopped. Please return ooss "
bank. Ne. ~ ChImbsrs Street
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-10
FINANCIAL REVIEW
OF THE PAST WEEK
Effectiveness Of Emergency
Measures in Lessening
Shock of War.
PROBLEMS TO BE SOLVED
Opportunity Awaits COUNTRY
When Trade Embargo
Is Lifted.
PROBLEMS TO BE SOLVED

II the spirit Of accommodation and
cooperation which has characterized all
efforts to deal with the new situation
created by the European war 10 not i'm.
paired and II the country continues to
keep Its head as we'll as II has already
done the depressing consequences OF the
war abroad will be lessened. How So
we're and lasting they are likely to be
can In any case be only conjecture and
there Ia no reason for accepting Excess
sively respondent views Of tho prospect
Undoubtedly II In going to b q long
while before We sec again what IL called
booming business. Some time must
elapse before we can even expect to see
fairly good business. but there Is oppor-
tunity TO be awaited OF by the United
states in these conditions which tho red
line OF war has separated from recent
conditions THAI now seem to be remote,
and In order 10 take advantage Of CD
portunties II IL nscessary that ths feel
Ing Of eoiid confidence In thS American
future whioh has % far prevailed should
continue to ootr'n. The situation v one
fn which devsiopmsnts cannot b ant1c-
pa<ed much m adv~noA A. svsnts occur
and oan for msasurss out Of n ordinary
stsps oan Be taken ~ thsy have already
been taken b deal with the emergencies
presented.
Thanks to ths swfftness, intelligence
ard harmony with which our men OF
affairs acted an association with the Gov
eminent n week ago, order rapidly evolved
out OF the tremendous confusion which
hrr vaA Nha ut 4toh Ia.
of general war in Europa The way In
which order has been maintained. oven
n unusual processes had TO be resorted
TO. II of en- 'ouraging omen. II has DEM
onstrated tn. establishment OF strong con-
troll over financial and business positions
and II has evtnced a most ausp,cious abil-
ity on the part Of the Government and
business interests to get together In the
face of q real danger and do effectively
those things which had to he done, first
TO place the country IN shape TO meet
the shock OF the upheaval abroad and
then TO endure the strain ~ the war
itself. as well as to do those things which
will have TO be done 20 facilitate tho
adjustment OF the country's industry and
commerce and finance 40 that values may
be sustained and volumes OF trade kept
moving.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-10

HecefVero Appointed
By Justice Ford-hary q. Cattrrii W
Edward r. Robinson. william w. Pellet
Nertna IL Olucos va Hannah waiiach
william J, Lynch; 6sorStana b. MAciay W
Berliner A Greenbsrs. Samuel Bernst edn.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-10
Referees Appointed.


BY Justice Ford-sheveu VS. eaten..e,n
Merritt y. Haviland. Wild " Doctor. Walter
W. Irwin.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-10
NEW YORK STOCK EXCHANGE.

The following arc the closing prices.
with bid and asked quotations, on Thurs
day July so:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-10
zen TO endure the strain NJ the
self. as well as to do those things W
III have TO be done 20 facilitate
ijust1nent OF the country's industry
,mmerce and finance 40 that values
, sustained and volumes of trade
owing.
Stock Market situation.
Since the closing OF the Stock Exchi
ere has been a gradual settling OF
Stock Market situation.

Since the closing OF the Stock Exchange
there has been a gradual settling OF out
standing contracts together with increas-
ing cash transactions IN securities which
have helped TO ease the tension on orok-
ersge and banking positions There will
be more OF this. but as yet the best 1udg-
ment OF Wall Street approves tho restric-
ton OF dealings in securities TO such trad
ing as can be Justified by a quality OF
necessity. Indications from the appear
ancs OF buying orders TO largo agsre-
gate that there Is a great demand for
securities around the level OF prices on
the last day before the stock Exchange
closed have made Wall Street somewhat
impatient to test the situation by an early
reopening OF tho regular market. II is
possible that II suspension OF the Stock
Exchange ie protracted some way will
have 20 be devised 20 furnish at least a
limited market but 80 far competent
opinions are IN agreement that no risks
should be taken In reopening the Stock
Exchange before values have been rea-
sonably safeguardod from adverse In
1uences.
In the area Of quiet created ny the
stock market suspension the banking
community was able to move quickly %
take the further steps necessary to pro-
tect the country's gold supply and adopt
all possible precautions against tho
chance OF panic II was readily seen that
with TIE Old World placing It's finance
on a war footing the United States would
have to provide large credit and paper
facilities for accommodating tho settle
ment OF business obligations and oontin-
u,ng trade and industry in whatever vol
ume might be possible. This meant that
the gold basis credit and paper must be
conserved rlgidly and the projects sug-
sested by tho bankers received most in
spring support from the Treasury.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-10

Resort TO these expedients IL m ono re-
spect novel; Measures Of the sort have
been taken before, but only when there
was a fully developed panic oonversing
ON tho countrys financial centre. The
interesting thing about their employment
now 10 that for the nrst time In American
financial history Il can be said that the
banking interests ala not act after II was
turbance. By last Monday night the
BANKING community vas absolutely satis-
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-10
Action BY the Banks.


As a result OF conferences over Sunda y
the principal banking centres OF the
country went promptly upon clearing
house loan certificate basis for settin &
transactions between banks. There was
nothing now IN this expedsnt. II was
ono with which tho whole banking COM
munity was entirely familiar and It was
known Just what work II would do.
These certificates, amply covered BY high
grade securities and frst class CONNER
cial paper. permit the banks TO keep in
their vaults tho gold usually required 10
adjust clearing house balances and they
are subject To an interest charge which
has been hxed at from TO more than 7
per cent at various centres to insure
their retirement when anything like nor
NAL banking conditions are restored
II Is 9 question II any large volume of
Clearing House certificates 10 likely to be
outstanding. now that emergency currency
Is being issued Tho clearing houses have
voted 10 accept this currency. which con-
sists Of bank notes Identical In appearance
with the notes secured by Government
bonds, for the settlement of Clearing
House balances, Tho emergency circula-
ton will not for some months be as ex-
pensive az the Clearing House certificates,
although after nine months X will because
of the graduated rise in the tax upon It
TO per cent DO possibly a little more
costly.
The tar on the currency insuros fts re-
ttrement in time when the economic
equilibrium has been recovered. and 90 far
as intelligent Judgment can determine now
the recourse had TO the emergency ex-
pedients just considered IL not likely 10
have any harmful effects which could
compare with those that must have fol-
lowed the failure of finance TO buttress
the banking situation in every way.
Emergency currency 10 covered by invest
ment securities and prime commercial
paper and has a 5 per cont legal tender
reserve. In the course OF the week the
additional circulation taken out In differ
ent cities aggregated not far from $780,
000.0 900, AS the Clearing House oertin-
Gates save the use OF gold between banks
so the emergency currency helps tho banks
TO save gold In their dealings with the