davidaulloa/AmericanStories huggingface dataset:
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1914-07-02

pared with the total mount of credit
deposits, but 1t is the injury resulting
from the interruption to the credit Of
the banks customers and the COM
munity.
Functions OF a Bank.
Banks perform a more important
service than merely providing a place
for safe keeping Of funds. They are
a convenient clearing house for the
community, and the deposits within a
reasonable limit may be loaned out,
and under capable management there
is full protection in money or securf-
ties for every dollar of deposits. This
protection consists of the capital, sur
plus and profits of the bank, securities
deposited by the borrower, n other
forms Of Investments. In these the de-
pOsitor gets exactly the same protec-
ton that he does when in the ordinary
course of business he sells goods on
credit to customers whose integrity and
financial responsibility has been in
vestigated and he should not ask for
more protection than the ordinary
rules Of business provide.
Advocates Consider One Side.
The fault Of the guaranty law theory
is that only one side is considered. 1t
is unfair not to consider both sides and
all factors of the problem. for a law
which does not deal fairly with all
parties will not stand the test of time.
The banker, his customer and the gen.
eral public will all suffer as a result of
an unfair law. The persons who accept
money from the official who is closing
up the affairs of a failed bank under
a guaranty law, is not getting his own
money back, as he thinks. A part of
the money he gets belongs to some
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1914-07-02

oene1t from the unrestrained competi-
zion and they may encourage 1t, but
the unlimited liability from unrestrain-
ed competition from incompetent COM
petitors reduces the normal profits a
banker should derive from his capital,
ability and service, and frequently
leads to trouble.
The guaranty law applied to banks
naturally stimulates unWarranted COM
petition among existing banks and be-
cause of supposed confidence in the
law banks are organized and permitted
their necessity does not exist and where
the field is already covered by banks
serving the business requirements. Men
n are, not qualified to conduct a
law, engage in business with limited
experience and ability, and those fitted
only to the management Of banks in
small towns, change their field of oper-
sumo responsibilities greater than their
ability warrants.
Where the responsibility owed to the
deposItor and the public has to be as
and experience and with speculative
tendencies refrain from engaging in
the business because they fear the dis
honor that would come from failure. 1t
Is a well known fact that the banker
who fails comes back"
The Remedy.
The greatest factors which the guar
anCy law theory seeks to cure are in
competency and dishonesty. Every
bank failure a be traced directly to
one or both of these cause and the
application of an efficient remedy is
one Of the important questions of the
times. 1t Is a vain hope to attempt to
cure a patient by treating the effect
without first removing the cause. l
mention a few remedies which / be-
lieve, If properly applied, would mini,
mlze the opportunities of the financial
adventurer, n protect the depositor
and the honest, capable banker.
First, By raising the standard of
those having the management of
banks. Before permitting any one to
become an office he should have a
minimum of experience backed by a
clean record for honesty and integrity,
and have proven business ability.
Second. Directors must be made to
feel their responsibility and become ac-
tive directing factors in the manage
ment, and know for themselves the
condition of the bank. They. should
make frequent impartial examinations
of the bank and forward a sworn re-
port of such to the banking Depart
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1914-07-02

ment. This is of more Importance than
an examination by a representatives OF
the banking department. In eIecttng
given to their qualifications for per-
forming their duties, than the prestige
their names may bring to the BANK.
They should live in the community, or
at least be thoroughly acquainted with
the local business conditions. They
should do all the name impltes'-Direct.
"A dummy director can be of no serv-
Ice to a bank. There Is Hanger IN a
one-man managed bank. III
Third. No officer or employe should
be permitted to borrow directly or in
directly from the bank in which they
are employed. ...
This might seem an injustice, but it
Is the natural tendency to deal gently
with ourselves and hose close to us.
No director or directors should be
granted a loan directly or Indirectly
without full consent of the board and
notice to the banking department that
such a loan has been made, giving
description of the collateral and a fin
ancial statement of the borrower.
Fourth. There should be more in
telligent supervision and more fred
uent and thorough examination by the
banking department. Bank examiners
their qualifications, rather than BY, po-
litical pull or their social standing.
They should AVE a minimum of prac-
tical banking experience. but not be a
SLOCKnOlQ6r IN q Dirk. LHSlF CoLlIpoh-
sation should be such that men Of abb
lily and experience would be attracted
and graduate from the fraternity rath-
er than into 1t.
Fifth. Make it a misdemeanor to
start false rumors concerning the SOL
vency or standing of any bank, or to
make a false statement to obtain credit.
Punish the bad check artist. ....
Sixth. The whole structure of the
bank rests upon the liquid condition of
the note case, and It's ability to pay
depends upon it's ability to negotiate
its securities in times of need. So, the
greatest care should be given to them.
The bank should have every safeguard
possible to protect it from loss. for in
so doing you indirectly guarantee the
deposits.
Seventh. The banking department
should have wide discretion in the con-
duct of its office, and, IL possible,
should be entirely divorced from poll
tics and conducted on a civil service
basis. 1t should grant charters only in
communities where necessity requires.
One Of the best guarantees of safety is
for a bank to make money along legiti-
mate lines and there should be no ex-
cuse for a banker to take unwarranted
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1914-07-02

one else, the money Of honest and con
servative bankers, their stockholders
and customers who owed nothing to
him or to the failed bank.
Unknown Liability.
Every capable business man desires
to know at all times what his liabili-
ties are, the amount and nature of
them, and wen the most careless man
would not ordinarily want to assume
a liability on account Of his competi-
tors. He wants to know in his own
affairs exactly how much he has to
pay and when the obligations are due.
Under a guaranty law theory it is i'm
possible for the banker to know just
what his liabilities are, as they may
be increased and he has no voice in
the transaction. There Is nothing to
prevent a legislature, which made the
guaranty law, from increasing the au-
thority to levy assessments in times of
dire necessity to a point that, instead
Of mitigating the effects of a panic.
would increase it's severity, and wreck
hundreds of solvent banks,
Unrestrained Competition.
One of the evils possible under the
guaranty law theory Is that unre-
strained competition will injure or des-
troy all who engage in it. A frequent
consequence of unrestrained competl-
ton operating through a law of sur
Vival of the fittest is the creation Of a
monopoly on the ruins of competition.
This is more than a theory. A demon
stration Is often afforded in daily
business affairs and it has come to be
known that a well regulated competi-
ton best serves the public. That un-
restrained competition in banking is
demoralizing may be known from the
experience in other lines Of business;
that it Is doubly bad because it af-
fects business credit we may know
from our knowledge and basis of the
character Of credit, and it is import
ant in the daily affairs of every citizen.
The large profits incorrectly supposed
to come from banking exist always as
a temptation to men of speculative
tendency to enter the banking bust
ness, and with the responsibility for
the ultimate payment of their deposit
tors transferred to others, there is
nothing to keep financial adventures
out of the field. Temporarily some few
members of the community may derive
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1914-07-02
Surprising Cure Of Stomach Trouble.

When you have trouble with your
stomach or chronic constipation, don't
imagine that u case is beyond help
just because your doctor fails to give
you relief. Mrs. G.. StengIe, Plainfield,
N. r., writes, For over a month past I
have been troubled with my stomach.
Everything I ate upset 1t terribly. One
of Chamberlain's advertising booklets
came to me. After reading a few of
the letters from people who had been
cured by Chamberlain's Tablets, / de-
cided to try them. I have taken nearly
three-fourths Of a package of them
and now can eat almost everything
that I want" For sale by all dealers.
-Advt.
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1914-07-02
Causes of Stomach troubles.

Sedentary habits, lack of out door
exercise, insufficient ~mastication of
food, constipation, a TORPID liver, wor-
ry and anxiety, o~vereating, partaking
of food and drink not suited to your
age and occupation. Correct your
habits and take Chamberlain's Tab
let's and you will soon be we'll again.
For sale by all dealers.-Advt.
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1914-07-02

risk to earn a fair return on his in
Yestment.
When you have l~egislated for, In
stead of against, the banker, and sur
rounded him with proper projections,
you will nav reduced the opportunity
for failures to a minimum and built
upon a solid foundation.
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1914-07-02
Dakota Bankers
May Organize Mutual
Protection Insurance Co.

Continued From Page Four.
The review. [volume] (High Point, N.C.) 1908-19??, 1914-07-09
DON'T WAIT.

Take Advantage of a High Point
Citizens Experience.
When the back be ms TO ache,
Don't wait until baekache becomes
chronic;
Til kidney troubles develop;
Til urinary troubles DESTROY
nights rest.
Profit by High Point citizens
experience.
Mrs. B. B. Atkins, 500 Willow
brook ST., High Point, NC, says:
1 am glnd to say that since using
few. boxes of Doan's Kidneys Pills,
mygkidneys have qeen normal.
The depressing headaches and back.
aches have also left. Ny only regret
is that did not use Doan's Kidney
Pills sooner, as they would have.
spared me great deal of suffering
and expense. -
Price SOC, at all dealers. Don't
simply ask for a kidney remedy
get Doan's Kidney Pills-the same
that Mrs. Atkins had. Foster-Mil
burn Co., Proprietors, Buffalo, N. 7.
The review. [volume] (High Point, N.C.) 1908-19??, 1914-07-09
SEXUAL
KN 0W LEDGE
ILLUsTRATED $40 PAGES

4 *
Tells all about sex matters; what
young men and women, young wives
and husbands and all others need to
know about the sacred laws that gov
ern the sex forces. Plain truths of
sex life in relation to happiness in
marriage. Secrets" of manhood and
womanhood; sexual abuses, social
evil; diseases, etc.
The latest, most advanced and COM
|prehensive work that has ever been
issued on sexual hygiene. Priceless
instruction for those who are ready
for the true inner teaching.
This book tells nurses, teachers,
doctors, lawyers, preachers, social
workers, Sunday School teachers and
all others, young and old, what all
need to know about sex matters. BY
Winfield Scott Hall, Phi. D., M. d.
Ueipzig.)
Newspaper Comments:
scientifically correct" Chicago
Tribune. Accurate and up-to-date."
Press. STANDARD book
of knowledge. - Philadelphia Ledger.
The New York World says: 'Plain
truths for those who need or aught to
know them for the prevention of evils.
Under plain wrapper for only SLIGO.
Coin or money order, postage ten
cents extra.
The review. [volume] (High Point, N.C.) 1908-19??, 1914-07-09
THE NORTH CAROLINA COLLEGE OF
Agriculture &c Mechanic Arts

& This State Industrial College offers
strong courses in Agriculture, Horti-
culture, Stock : raising, Dairying,
Poultry. Veterinary Medicine; in
Civil, Electrical, and Mechanical En-
cheering, in Chemistry and Dyeing;
iii Cotton Manufacturing, aud IN
Agricultural teaching. -Four year
courses. Two and one year Courses
in Agriculture and in Machine Shop
Work. Faculty of 81 men,. 1873
Students; Is buildings; excellent
equipment and laboratories for each
department. On July 9th County
Superintendent conduct entrance
examinations at each county seat.
For catalogue write
E. B. OWEN, Registrar,
West Raleigh, N. G..
The review. [volume] (High Point, N.C.) 1908-19??, 1914-07-09
CDEE london Tango" Necklace
lALC Evelyn Thaw" Bracelet

These two beautiful pieces of pop
ular jewelry are the craze among So
ciety women in New York and the
largest cities. They are neat and ele-
giant gold finished articles that will
gladen the heart of every girl or
woman, no matter how young or old.
Very stylish and attractive.
Our Free Offer. We are advertising
Spearmint Chewing Gum and desire
to place big box of this fine, health
full gum into every home. 1t sweet
ems the breath-whitens the teeth and
aids digestion. It is refreshing and
pleasing to all. To every one send
ing us by Soc and 10 cents to cover
shipping costs we will ship big box
of 20 regular SC packages of the
Spearmint Gum and include the ele-
CANT,
.Tango" necklace and Evelyn Thaw"
bracelet absolutely free.
This offer is for short time only.
Not more than two orders to- one par
ty. Dealers not allowed to accept this
UNITED SALES COMPANY
Dayton, Ohio p. o. Box 101.
The review. [volume] (High Point, N.C.) 1908-19??, 1914-07-09
ADMINISTRATORS NOTICE

Having this day qualified as ad
ministrator with the will annexed OF
Mrs. Marion Smith, deceased. late
of Guilford county, State of North
Carolina, this is to notify all persons
having claims against the estate OF
said deceased to exhibit them to the
undersigned at High Point, N. G..
on or before the nth day Of June,
1915, or this notice will be pleaded
in bar of their recovery. All persons
indebted to said estate will please
make immediate payment.
This 18th day of June, 1914.
w. H Raglan,
Admr. with will annexed.
The review. [volume] (High Point, N.C.) 1908-19??, 1914-07-09
CONSTIPATION MAY
CAUSE APPENDICITIS
1t Pays to Be Watchful and Careful
Dodson,s Liver Tone is Recon-
mended and Guaranteed.

1t Pays to Be Watchful and Careful
Dodson's Liver Tone is Recon-
mended and Guaranteed.
In number of cases it has seemed
that appendicitis has resulted from
chronic constipation. Hence it is
well to be careful and keep the, sys-
tem in as good working order as
possible. for if you never suffer from
|constipat ton you are likely to lesson
your iability.to other complications;
and troubles.
But that does not mean that it. is
wise for you to use calomel, poison
thai stays in the system and often
leaves bad effects behind it, even
after you may have appeared to be
benefited temporarily. AS matter
of fact, calomel is exceedingly dam
gerous to many people, perhaps to
you. So it is just as well not t.
take chances.
For constipation, biliousness, liver
complaint, sick heads che, etc, Dodz
son S Liver Tone is guaranteed BY
your druggist, who will cheertully
refund purchase price ESQ.,. instant
ly to you in the event that it fails to
give complete satisfaction.
Dodson's Liver Tone is vege-
table liquid, perfectly harmless. easy
to take and highly effective without
pain, ache or grippe and leaving no
bad after fleets. 1t assists nature
and builds you up instead of weak
ening you. So many people have
been immensely benefited by this
good remedy that it's worth your
looking INTO at once. Make no mis-
take-ask for Dodson's Liver Tone.
The review. [volume] (High Point, N.C.) 1908-19??, 1914-07-09
attractive Mountain Excursion Wed
nesday, July 18th, 1914.

49,.
IN order that all those who desire
may avail themselves of the op-
portunity to spend a few DAYS il,
Asheville and Vicinity at low cost,
Southern Railway will operate a
special excursion train from Salisbury
70 Asheville, leaving Salisbury at
10 A. NJ Wednesday, july 18th,
arriving Asheville 40 p. M return
limit July 18th.
Round Trip rates are as follows:
High Point $3.25 brownsville So. Is
Lexington 1925 Asheboro $3.50
Fares from all points covered by
this excursion and not mentioned
above on the same low basis.
Great opportunity to enjoy few
days rest in midsummer at very low
cost in the delightful mountain
climate.
The review. [volume] (High Point, N.C.) 1908-19??, 1914-07-09
Special Hosiery Offer
Guaranteed Wear-Ever Hosiery for
Men and Women
Ladies' Special Offer

Ladies' Special Offer
For Limited Time only
Six pair Of our finest 35c value Ia
dies guaranteed hose in black, tan or
white colors with written guarantee,
for S1.OO and 10c for postage, etc.
SPECIAL OFFER FOR MEN !.
For limited time only, six pairs OF
our finest 35c value Guaranteed Hose
any color with written guarantee ana
a pair of our well known Mems Para
disc Carriers for one dollar, and 1Oc
for postage, etc.
You know these hose; they stood
the test when all others failed. They
give real foot.comfort. They have no
seams to rip. They never become loose
and baggy as the shape is knit IN, not
pressed I'M. They are Guaranteed Tor
fineness, for style, for superiority OF
material and workmanship, absolutely
stainless and to wear six months with
out holes, or a new pair free.
Don't deay send in your order be-
fore offer expires. Give correct size.
WEAR-EVER HOSIERY COMPANY
Dayton, Ohio
The review. [volume] (High Point, N.C.) 1908-19??, 1914-07-09
LOCAL DRUGGIST SAYS:
TAKE ONLY ONE DOSE

We have to tell those in High
Point suffering from stomach or
bowel trouble that we are agents for
the simple mixture of buck horn
bark. glycerine, etc, known as
Adler-i-ka, the remedy which be-
came famous by curing appendicitis.
his IS the most thorough bowel
cleanser known and JUST ONE
DOSE relieves our sour stomach,
gas on the stomach and eonstipa-
ton almost IMMEDIATELY. You
WILDE surprised at the QUICK &C
ton of Adler-i-ka. Nation Drug Co.
The review. [volume] (High Point, N.C.) 1908-19??, 1914-07-09

For Sale at a Bargain "A $3.50
carpet sweeper, mahogany finish,
just from the factory. never been
used. Sells for $12 SO, yours for
SITS if taken at once. Reason for
selling, have two just alike. Apply
at Review office. A boon to the
home; catches all dust and saves the
health of your wife.
The review. [volume] (High Point, N.C.) 1908-19??, 1914-07-09
ACT QUICK

Better take advantage of our
very liberal offer for a few days
only of a 81 90 dictionary with every
ST 90 paid on subscriptions and 19c
extra. You could not buy the die
tionary for $1.OO alone so we are
paying you to pay US now. If you
don't pay US when you can get some
thing fer nothing you will be requir-
ed to pay without anything offered
and in this connection we refer you
to the law in regard to newspaper
published elsewhere
The review. [volume] (High Point, N.C.) 1908-19??, 1914-07-09

LADIES AND GENTLEMEN
Want to be up-to-date in your visit
ing or business cards Then get one
of our genuine Morocco leather
patented cases with ivory finished
cards. The rage in the big cities
inexpensive, no soiled ones-the
very thing for every day and Sun
day use. Stamey Printing House. t.
The review. [volume] (High Point, N.C.) 1908-19??, 1914-07-09
FOR YOUR DEN
Raantiful Collaoa Panna,

Beautiful College Pennants
Yale and Harvard, each in. x "a in.
Princeton, Cornell, Michigan :
Each in. Fl in.
All best quality felt with felt head
ing, streamers, letters and mascot ex-
ecuted in proper colors. This splendid
assortment sent postpaid for so cents
and stamps to pay postage. Send
now.
HOWARD SPECIALITY COMPANY
Dayton, Ohio :
The review. [volume] (High Point, N.C.) 1908-19??, 1914-07-09
NORTH CAROLINA.
Guilford County. q superior Souft
Janette Smith IS S

-. - ,-A-N1A - IN G1tnnrs0r Corr RI
Guilford County. upeiiol >- .e'lt
Janette Smith
VS.. Notice
William B. Smith
The defendant, William B. Smith,
above named will take notice that an ac-
ton entitled as above has been COM
menced in the Superior Court of Gull
ford County by the plaintiff against the
defendant to obtain an absolute divorce;
and the said defendant will further take
notice that he is required to appear at
the term of tie Superior Court Of said
county to be held on Monday the 18th
day of August, 1914, at the court house
in said county in Greensboro, North
Carolina, and answer or demur to the
complaint in said action or the plaintiff
will apply to-the court for the relief de-
handed in said complaint.
This the END day of June, 1914.
M w. CANT,
Clerk of the Superior Court.
j 24-4t.
The review. [volume] (High Point, N.C.) 1908-19??, 1914-07-09
Everything a Man Needs
81 Complete Shaving Outfit
IN Articles 10

To advertise our Universal Shaving
Outfit and Universal Products we will
for a limited time only, send this well
worth $500 Shaving Outfit for Sl.OO.
We sell our products to the consumer
direct and therefore you save all
agents profit which as you know are
very large.
/ 1 Hollow Ground Razor.
i 5-inch Lather Brush.
/ Razor Strop Canvas Back.
| / Nickel Easel Back Mirror.
/ 33-inch Barber Towel
1 Bar Shaving Soap.
1 Box Talcum Powder.
1 Decorated China Mug.
1 Aluminium Barber Comb.
/ / Bristle Hair Brush.
Each outfit packed in neat box
S1.OO. Coin or Money Order postage
| UNIVERSAL PRODUCTS co.
Dayton, Ohio
The review. [volume] (High Point, N.C.) 1908-19??, 1914-07-09
MIAMI PUBLISHING COMPANY
Dayton, Ohio
JUST LOOK, STOP, THINK, THEN

Remember you can get The Review
for one year, harm and Ranch ($1.0O
Year, and Hollands (fi-e) Magazine
(1.00 year, until Dec. 1, 1914, for only
$1.10. Just think of it. Offer only
holds good until June 1st.
The review. [volume] (High Point, N.C.) 1908-19??, 1914-07-09

Many are rich, rare, pictures of
BEAUTIFUL MODELS AND
ACTRESSES
Also Self Filling
FOUNTAIN PEN
All for Only so cents
The greatest bargain in beautiful
cards and rare art pictures ever
offered. Many are hard to obtain and
have sold singly for the price we ask
for. all. These will go quickly to all
lovers of the beautiful in nature who
appreciate rare art pictures of well
developed models.
A reliable self-filling fountain pen
free with each order. These alone
have sold for one dollar in stores.
The 100 beautiful cards and pen all
for but Soc and 10c in stamps for
postage.
ART PORTRAYAL co.
DAYTON, OHIO
The review. [volume] (High Point, N.C.) 1908-19??, 1914-07-09
AUTOMOBILE TIRES
AT FACTORY PRICES
SAVE FROM 40 tn GO PER CEN

All other sizes in stock. Non-Skid
ten per cent above gray. All new,
clean, fresh, guaranteed tires. Best
standard and independent makes. Buy
direct from us and save money. 5 per
cent discount if payment in full ac-
REVIEW-TWO
companies each order. G.. o. D. on 10
per cent deposit. Allowing examina-
ton.
TIRES FACTORIES SALES CO.
Dept. A Dayton, Ohio
The review. [volume] (High Point, N.C.) 1908-19??, 1914-07-09
Silence one of
t h e signs of
Studebaker Six
quality.


The way the car holds
the road is another.
It's smooth running.
vibrationless motor is
;, a third.
Light weight is still
another.
Great strength a n d
sturdiness are others.
All are the results of
laboratory tests and
selection of materials
of heat treatment of
fine steels;; of inten-
sive manufacturing.
Accuracy and completeness
of Studebaker manufac-
turing produce alignment
and balance to a degree
unknown to the ASSEMBLE
ed car, no matter what its
price.
Silence, roada bility, smooth
running, strength and
light weight go right back
to Studebaker manufac-
turing.
Send Tor Studebaker Proof
Book, describing ,Stude-
baker manufacturing met
hods.
The review. [volume] (High Point, N.C.) 1908-19??, 1914-07-09

WANTED-Resident. representative
in High Point for Lithographing
and printing. Good position for right
nan. Must be experienced.
Knoxville Lithographing Co.,