The Birmingham age-herald., 1914-01-07
JUDGE J. J. ARNOLD
IS LAID TO REST
Final Services Very Simple.
Suspend Business During
Funeral Hour

Admission, January 6.-(Special) lin a
grave near Gallant" Pelham. close to the
Forneys and other illustrious sons of Cal
toun county. who have made history for
the state. the body of Joseph j. Arnold,
twice probate judge of Calhoun, was aid
at rest in the cemetery at Jacksonville,
his former home. Tuesday morning, fol-
lowing services at the First Methodist
church.
The final services were very simple, be-
hitting the life of the man. They were
conducted by the Rev S Il. Hodges. pas
tor of the First Presbyterian church at
Admission, to which Judge Arnold be-
longed. Rev. S. II. Bennett, pastor of the
Baptist church at Jacksonville. and Rev.
Mr.. West, pastor of the Methodist church
there.
Sudge Arnold was born at Jacksonville
in June, 1869. He was graduated from .he
State normal school there I'm 1887 and tho
senior class of the school attended hIs
funeral in body. In 1890 he WAS admit
ted to the bar there and later served the
town three terms as mayor. As a tribute
to his respect, business practically ceased
during the hours of the funeral. Similar
respect was shown him at Admission.
large number of friends went from
this city to attend the funeral. including
members of the Calhoun County Bar as
scciation, who acted as honorary pail
bearers. The active pallbearers included
prominent citizens of this place
~~~o>~~~>
p&rtment will be. from one point OF view,
supplementary to and an annex of the
national banking system 1t is to be un-
der the absolute control of law of the
federal reserve board Fir this reason
many bankers are disposed to wait before
making application for membership so
that they may learn what the personal
character of the members of the board
as a whole is and whether they are men
who have long and comprehensive un-
derstanding of public opinion of indus
trial, commercial and agricultural condi-
tions and of the great impulses upon
which American prosperity is dependent.
No Amateurs Wanted
One of the great American merchants
in a speech day or two ago stated that
he believed that the new law is work
able. but not by amateurs. American
bankers are anxious to know whether
there are to be any amateurs upon the
federal reserve board. They do not mean
by that men whose names are not known
to the public. Some of the abest bankers
in the United States today are obscure
SO far as the geenral public is concerned.
Some men have achieved greatly in ad-
ministering national finances who werc
not known as constructive nnancers
when they assumed official responsibility.
The record made by Alexander Hamilton
and by Albert Gallatin in the early DAYS
of the republics life. when constructive
financing was vital. is now frequently re-
ferred to. Neither of these men was
known as q financier. when he became
Secretary of Treasury. Nor was Sal
mon p Chase. although he had some ex-
perience as director of and counsel for
one of the leading banks of Cincinnati.
The precedents show that it may be pos
sible for the President to make cf<lce OF
some not publicly known men who will
reveal very highest qualifications for
they have not heretofore been promi-
The President Knows
1t is a general opinion in this city that
President Wilson is under no illusions
about the necessity of creating a federal
reserve board which in its membership
will be acceptable to the American bank
ers and American business men. He
knows that the cruX of the situation now
is the constitution of the federal reserve
board. There are some reasons for In
ferring that the President has been in
formed that if the board which he is
to name is found to be satisfactory on
the whole then the great majority of the
national banks of the United States will
at once make application to become
members of the system.