The Birmingham age-herald., 1914-04-20
RUTH ST. DENIS, A CREATURE OF MYSTIC CHARM AND WONDROUS FASCINATION
By DOLLY DALRYMPLE

Keeping time to dreamy music
 Swiftly fly thy little feet
 While around you coiling, twisting,
 Like thing with life replete
 Curves your veil of spangled silver
 Shimmering as with desert heat!
 IT.
 Bending. swaying, backward, forward,
 Turning in a giddy maze
 Round and round in swifter circles
 In an oriental daze;
 Golden lights and incense tell
 Thou hast bound me meath thy spell
 Ruth St. Denis is a child of the nvs- tic, of light and lit and wondrous charm.
 She filters and plays and fits and fiickers like beam of sunshine on the wall, that you throw with mirror
 Her 1.-the. supple body bends and throbs and pulsates to the rhythm of 1 oriental music and her nlmble feet slip and slide and turn and glide like jingle bells on the end of slender thread. She's all mind and heart and soul--a creature of fancy and of dreams and her dancing is merely her means of ex- pression-just as a painter on his seven
 leagued canvass mixes his coors and expresses his thoughts and the pictures
 of his brain.
 She's a very wonderful young wom-
 an-is Ruth St. Denis, and her art is like herself-different- from | anything or anybody you've ever seen There were no golden lights or burn ing of incense of ancient Egypt or ori-
 ental Japan nor music, nor mystery to
 envelop her when I met Miss St. Denis, soon after her arrival here.
 Indeed
 The strange atmosphere that sur | rounds her on the stage in her wonder ~~~----~~~--~~~-~- accustomed to speak of New Orleans and | the future development of that city with enthusiasm. There was the terminal of the Southern Pacific railroad Foreign commerce, surpassed by only one two other American ports, identifies New Or leans pre-eminently commercial city.
 It is inevitable that its growth will be very rapid and that it's commercial inf1u- ence will be continued after the Panama | canal is opened to navigation. Protests in Vain There is little difference of view among bankers of this city and, as is under l stood, among bankers of Boston and Phil adelphia respecting the permanent organ I ization of the federal reserve districts. They are likely to stand as they have been | mapped by the organization committee. The view taken by the ablest bankers of | New York will undoubtedly be accepted | eventually by the whole country. In fact, | there is evidence that it is already be- l ginning to be the accepted view. In the l opinion of our bankers, the selection of the F regional cities named by the or l ganization committee win after the new l law is put into thorough operation, be fol- | lowed by a demonstrat tion that after all l the choice of these cities is not materially | to affect banking influence and business. | The regional cities are to be the desig- mated places which through the federal banks established in them their l branches are to facilitate the rediscount- | ing of commercial paper. There must first l of all be decision as to what standard commercial paper is to be. But in view I of the fact that in many parts of the l country the kind of commercial paper with which banks deal is the old-fashioned 1 kind. or, in other words. paper drawn | by purcha asers to pay for commodities and discounted by the vendors of the commod- I ities at their banks is about the only 1 kind of commercial paper that is known, paper of this kind is likely to be desig- mated as the standard. That might make some confusion friction in the larger i commercial centers where the new order
 of business paper--namely, that which is l issued by the large houses and which has | been bought by banks-is the general rule. | But in the large cities there is not much ] commercial paper offered for redscount Presumably when the cotton warehousing , system now planned by James B. Duke in co-opera ton with the National City bank | is installed. paper drawn against ware | housed cotton may be offered in large amounts to be rediscounted. Aside from
 the rediscounting feature of the new law
 there sems now to be no reason why the great commercial centers should not re-
 tain and presumably increase their bank l ing resources and influences. Therefore | it is presumed that after the new sys- tenn is in operation and sufficient time has passed for the people of the different regional districts to become familiar with l it, 1t will be discovered that there is no great difference between banking oppor-
 tunities and the competitive zeal of bank CTS under the new law and under the old l law. Moreover. the conviction Is firm
 that no legislation, excepting that which l is absolutely destructive, can impair the
 normal economic laws which govern the relation of money and capital to the busi- ness affairs of a great people.
 -