davidaulloa/AmericanStories huggingface dataset:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-02
Suggests Arbitrary Rate.

Mr.. Ulrich as chairman addressed the
meeting. referring to the demoralized
condition OF the foreign exchange mar
ket with such absurd quotations as $3.50
a pound sterling. He suggested that a
committee might be appointed TO meet
daily and fix an arbitrary rate on ex-
change until the situation cleared and
pointed out how London came to our as
sistance when we needed gold in 1907.
Mr.. Ulrich sald
We have been guilty In certain way
and have helped this ruinous rise along in
our anxiety and courtesy TO place for
cgn correspondents In funds over night
BY trying TO outbd each other when
there was not enough exchange TO satisfy
al. buyers. Had there existed between
us foreign exchange bankers a certain
understanding such as there oueht Ia
exis, and such as we have on two DIFF
ferent occasions tried TO bring about our
exchange market might not have acted
so disgracefuly as It has done this week
Gentlemen, you know that the intrinsic
value OF a pound sterling IL only ass rs
and yet any importer who wanted &c
remit yesterday had TO pay rates which
cost him n premium of all the way from
TO 40 per cent.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-02
WANT NATION TO END
HIGH EXCHANGE RATE
Representatives of Bankers Go
to Washington to
Urge Action.
SENT AFTER CONFERENCE
May Propose Government Ship
ment Of S1O0,O00,000
to London.

Max May Of the Guaranty Trust Com
pany and the best authority on foreign
exchange In the United States and Aug
ust Ulrich of the foreign exchange de-
psrtment of Ladenburg. Thalmann & Co.
left last night for Washington 10 confer
with the Treasury Department and per-
haps with President Wilson. They intend
TO lay before the Government the de-
moralized condition OF the foreign ex-
change market and to ask that assistance
be lent them In unravellng the difficulties
IN which this country has found Itself
through the conditions In Europe and the
desire for gold in every capital on the
Continent and In England. 1t Is not inn
probable that they will ask that a ship
ment OF 500 900, 900 gold be made 20
London either In the shape of "a loan or In
payment OF a purchase of bonds.
There was a meeting at the Guaranty
Trust Company yesterday morning OF
more than forty foreign exchange men,
representing all the great national banks.
trust companies and private banking
houses In the city. Its purpose was 20
devise some means OF settling the abnor-
mai and unprecedented conditions in the
foreign exchange market.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-02
Five Named for Conference.

Following Mr. Ulrlch's address a COM
the situation. This committee was COM
posed OF Max May. AUGUST Ulrich. r. c.
" sbden OF tho Bank of Montreal, John c.
Gardn head OF the foreign exchange de-
partment OF the National City Bank, and
George lie Blanc of the foreign exchange
department OF the Equitable Trust Com
pany.
This committee met yesterday after
noon and for several hours discussed the
situation. According TO statements made
by members after the conference they
decided TO send Mr.. May and Mr.. Ulrich
to Washington, hut arrived at no other
conclusions, Whatever action they may
take in the future depends largely on
what occurs at the conferences which the
New York representatives. of the foreign
exchange interests may have with the
Treasury Department
Mr. May and Mr. Ulr!ch plan TO re-
turn from Washington tonight They will
make their report to the committee OF Ave
OF which they are part tonight, and
whatever decision Is then arrived at will
be communicated to representatives. Of the
| foreign exchange departments OF all the
banks, trust companies and private bank
| ing houses. who will meet at the Guar
anty Trust Company on Monday morn
| Ing.
When asked what amount OF foreign
exchange was still outstanding yesterday
Mr., May said that II would he impossib de
to set any definite amount but he thought
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-02
Call Premiums "Outrngeous."

And yet while we were boastng that
we could absorb all the foreign sales Of
securities better than any other financial
centre. that gold here was not at
premium, yet the American business man
has to pay such outrageous premiums on
checks which. when they are presented
abroad. could not be redeemed In silver.
leave alone gold. We possess the In
teligence to pay Europe all we owe II
without undue injury to the American
business man. We shall fnd the proper
and at the same time honorable way TO
adjust our exchange transactions. but we
must end these exorbtantly high rates.
"ln 1907 Il was London that provided
us with gold and ungrudgngly helped us
II now behooves us TO stand by London
IN its present embarrassment under
stand that a shipment OF 800. 900 in
gold to London either in the shape OF a
loan or in payment OF a purchase OF
bonds. would greatly relieve the London
money market. II would benefit London
and would react to the benefit of our
own money market
II am firmly OF the opinion that in
view OF the present unusual conditions We
ought to fix exchange rates and do this
more in accordance with the natural
PARTIES, as they are arrived at from day
10 day, taking into account the intrinsic
value of foreign exchange tho value OF
loanable capital both here and abroad
and making due allowance for proper
differences between checks and cables.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-02
Urges Daily Meetings.

1T therefore strongly advocate daily
meetings OF committee to be chos n
from among representatives OF exchange
banks and trust institutions whose duties
II shall be to fix reasonable range Of
rates and to supervise the exchange OF
foreign bills on cable transfers, TO APP
point II necessary agents at foreign cen
tres who would attend to the collection
OF bills in case a moratorium should DO
established abroad and in general to look
after any other transactions as may from
time 10 time have to be settled abroad.
''Or to appoint trustees In New York
with whom could be deposited gold In
trust for foreign central banks in case
shipments OF specie should become too
perilous and too expensive.
1T is generally recognized by foreign
exchange experts that this country, in
spite of the tremendous liquidation of for
eign holdings Of American securities
which has been going on here. st!ll owes
a great deal abroad. Not the least OF
this amount In in the millions OF dollars
In letters of credit which have been is
sued The establishment here of a trustee
In New York city with whom gold could
be deposited In trust for foreign cen
trail banks would help to relieve that in
debtedness abroad 10 some extent. In
that way. provided there was any trans
atlantic shipping. Europeans could pur-
chase our grain and other agricultural
and industrial products and payments 10
the farmers and manufacturers could be
made by the trustee from the fund OF
800. 100000 or what other amount were
deposited here as a loan or In payment
OF an issue OF bonds"
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-02
Seldom q Russian.

The same is true % russian trade. The
middleman-the moueyed class OF the
nations-in Russia is seldom a Russian
80 far az origin il concerned BY the same
token he is more frequently q German
than of any other nationality, and despite
restrictions upon the Jewish race he is not
seldom a jew,
Thus. In all the phases Of life In the en-
plre. the man higher up" with whom the
peasant, the mass Of the people has to deal.
is likely to be German. As the dealings
of the mass with the man higher up" are
seldom pleasant under the existing political
and economic order ia Russia, the German
gets a good share of the indi gnation that
is directed toward the governing class.
And the German. he it understood. makes
no attempt to conceal his contempt for the
peasant with whom he has to do business.
With some Justice IL must be admitted. he
charges the common Russian with being
unclean, OF being untruthful, unreliable,
laZy-and above all OF being u hopeless
drunkard.
with true German bluntness he does not
hesitate o convey his opinion OF the Russian
peasant to the peasant himself in terms
" hich the aforementioned peasant can
understand.
OF the resultant friction the Russian part
"chisty Slaviani." or pure Slavs-have
availed themselves to the full BY judicious
shifting Of the blame to the broad shoulder
of the Diet tested "Niemetz." your real Mus
covite of the orthodox type has succeeded
in diverting from himself a good deal OF
the hostile crit ism which belongs to him
1t was by no stupid accident. for instance,
that two men with German names were
selected for the task of signing away a
part of the Russian Empire to the exigent
/ little japanese at the Portsmouth con-
! ference,
/ In such ways. partly through deliberate
purpose and partly by the working of the
laws Of human nature. the Russian people
/ the large bulk of them, that Ia to say-havs
/ become thoroughly imbued with the convio-
/ ton that the German il ~ naturally their
enemy rs the hawk is the enemy of the de-
! tenceless barnyard fowl,
Now this race feeling has reacted upon
the Germans on the German side OF the
Arizona republican., 1914-02-25
No Time for Fiction

According to the dispatches of yesterday Washington may, for diplomatic reasons accept the official version of the martial (of Benton the British subject lately murdered Juarez) Why then for diplomatic reasons, should this coun- try have accepted the official version of the taking off of Madero just years ago? We think it did well accept that version of wanton, cowardly and unnecessary assassination, though. perhaps if it had been accepted by us and recog- hilton had been given the assassin he might long before this with a strong hand have put down the rising but scattered revolution and have restored order.
 That version might have been accepted without giving offense to the world which had already cepted it but diplomatic fiction will avail nothing and will deceive nobody. There is de- sire in this country and especially in England, and perhaps lesser degree in the other countries of Europe to know the truth about the death of Benton.
 If Benton killed in the manner described in the official version. Villa (we omit mention of z; rra1IzJ who seems to have been showed into back ground as usual) could make the task of government lighter by acceding to it's request to produce the body of Benton. If it shown that he had been killed by firing squad, that would substantiate the story of the martial and would not have go back of that to inquire into tie justice of the verdict But the failure of Villa t. produce the body and the insistence of his friends that Benton was quarresome and violent man confirms the belief that the death of Benton was private murder of unarmed man.
 Villa cannot rest upon the theory that proof should not be required of a gentleman Falstaffs refusal to give reason on compulsion. though sons were as thick as blackberries not con vncing of the veracty of that gentleman.
Arizona republican., 1914-02-25
I= Arizona Republicans Editorial Page

verified or is in the way of verification. The rail- road is already well under way. It under way half dozen Septembers ago. far back the September of 1907 and by September it will be completed Seeley, Imperial county, California, where junction will be effected with the Southern Pacific, establishing communication with Yuma. Thus will the vivid dream the Prospector twenty years ago be fulfilled the reputation of the press for reliability will be further buttressed
 It matters that February 2l, 1SSS John D Spreckels thought of as a railroad builder that if he known at all, it of the of Claus spreckels the sugar king and it might then have been supposed that like most of the of American kings he would never ceed an industrial throne but would cut very lit tie figure in the world But that unessentia. It made difference who should build the rail road It was enough that the editor of the Pros pector could look across the intervening years and the shimmcring desert sands and see with pro phetic eye twin ribbons of steel binding Yuma and San Diego together. Let more hear the un- believer speak of building railroads paper.
 And. at d much later day, within the last year two when the Prospecor asserted the claim of Tombstone to position as a maritime town, as we then supposed because former resident of that place mad bought the yacht, Lurne with money extracted from the Tombstone mines, it then really looking forward the future, yelled to our unseeng eyes, when Tombstone should be con- nected though somewhat indirectly, via the E. r. X S w. via the Southern Pacific via the Diego and Arizona railroad with Coronado Bay. And what is there preposterous about that when Los Angeles, twenty-sX miles distant, far moved from the Sancho Panza's island, calls itself seaport? Where shall draw the mari time line inland twenty-six miles at five hundred and twenty-siX miles. approximately the distance between Tombstone and the tapping waves of Coronado Bay? |
Arizona republican., 1914-02-25
DANGERS OF THE SAHARA

The Oued Nail women come from distant part of the Sahara, and at Biskara they dance for their vlihood until they have made sufficient money to return to their desert homes and marry camel-o owner of their tribe.
 Some of these women are young and of exceed ing beauty. They costumes of many colors and decorate themselves with barbaric jewelry- silver earring and and bangles and ankets, and ornament peculiar to their tribe made of numerous gold coins, the gifts of their patrons which they their bosoms. They gay light-hearted vivacous women, and during the day to be idly sitting on the balconies or the flat roofs of their houses arrayed in all their finery, prom enadng in groups about the street. smoking cigar cites and laughing and testing with the Arabs and native soldiers.
 The music for the dance is supplied by three musicians, a big Soudanese negro who beats a tomtom, Arab who pipes away flute and a third who bangs noisily rude tambourne They make hideous and monotonous sound A weird barbarc air repeated over and over again The music of savage Africa
 On the occasion visited the Cafe Maure the principal dancer girl of than 15 years of tall and 1.-the of figure She had the chocolate complexion of the south dark lustrous eyes, sensitive lips, low forehead and face of beWitching beauty. Her cheeks and chin were tat tooed. She wore large circlets silver suspended from ears, broad massive, spiked bangles silver ankets. and her hair sprays of silver and gold thread She a favorite premiere danseuse. but recently Biskra. Her dance rapturously received, but it was not dancing understand it. It rather a rhythmic swayng of the body, quiverng of the shoulders a serpent-like motion of the and hands, and a heaving movement of the breasts and hips. Those who have the representations of Eastern dances introduced into this country by Maud Allan Sahary and others. and notably the dances in the Arabian plays of Ksmet' and "Sumurun," can form some idea of the character of these performances at kra, only the dancing of the Ouled Nail women is more abandoned, and this is emphasized by the weird native music, and fascination and sla mour Of barharic surroundings-T. P.s Weekly.
Arizona republican., 1914-02-25
Sidewalk Sketches
THE SPEAKER
BY HOWARD L. RANN


 The speaker is a calloused individual clothed in little brief authority and a Prince Albert coat lie is very difficult to do business with un- less you and he trying to the republic with the deck of cards. Nothing will harden a mans heart and his conscience quicker than becoming speaker of the house. Many a kind nus band and father. who thoroughly halter broke in the home and never objected filling the wood box carrying the furnace ashes has been transformed into cold -booded despot on being elected speaker. He also begins suffer from atrophy of the drums and defective eyesight It not nfrequently happens that after has been speaker for while his eyes get poor that he cant recognize single member of the oppo- sition. Sometimes the speaker becomes deaf in the abutting the minority side that he cant hear the still, small voice a shrill demand for the previous question. Although overwhelmed by the of state, the speaker finds time for little light reading, such Roberts Rules of Order with appendix by J. Cannon. Sometimes the speak cuts out the appendix and adds neat little glossary his When he wrote his book Mir Roberts suspected that it would be filled with home made recipes by unlettered with low retreating foreheads and adjustable spelling. but why should complain? The speaker draws large salary. in monthly capsules which he dissi- pates in rent and other light amusement. He gen eralY has plenty of ready money and seldom has to reverse his cuffs The speaker is kind man. and occasionally, for election purposes, allows some member from close district to do little pro temming for him, especially when a tie vote may be coyly edging it's way the adjacent horizon and threatening the perpetuity of in sttutions
Arizona republican., 1914-02-25
CoNsoLIDATsD INDEX OF GERMAN
 LIBRARIES

One of the greatest library catalogues in the world is a the present moment approaching com pletion. This catalogue embraces the contents of the Royal Library of Berlin as well as those of the ten libraries belonging to the Prusssian uni versailles The idea of cataloguing the works Of these eleven libraries originated with the late Ge- heimrat Althoff, who for many years at the head O the Prussian educational department. The books are the present being catalOgued in the foIm of a card catalogue this task has Hecessitat- ed many years of hard work, but is the point of completion. As the result of this work, that these libraries contain 100000 vol It must be borne in mind, however, that the word volume as used by librarian, does every separate book. but every work cal of which 100 volues have already been issued forms "Voume,' or to give further example a work like the ''Encyclopeda Britannica also appears in the catalogue volume If We compare the contents of these eleven Prussan li hraries with those of the British Museum of Lon counted for decades. that the number of volues in the former group of libraries is equal to and surpasses those of the latter. This cata- ogue is far from including all the great libraries of Prussia; for example there still remain the great libraries of Berlin and Breslau, the li- braries of different public institutes and corpora tions such those of the Prussan house of de- putes those of the technical high schools etc Continental Correspondence
Arizona republican., 1914-02-25
Finding Fault
By WALT MASON

The kicking game will bring you fame unpleasant grim and ghostly, so call halt if finding fault is what you're doing, mostly. Some men seem born distressed forlorn then nothing ever pleases: in every cause they find the flaws, the spaVins and diseases. They kick at home and when they roam about the they grumole, and every talk they makes knock and they hoot they howl, at every forward mov ement they hurt the town, and hold it down. and balk each improvement There IS a trail of woe and vail whereer they we gallNanted; the booster hates such moldy skates and thinks they should be planted. They are bore the town grows sore beneath their ceaseess wiggings; the band will play some music gay when they have skipped the dggings. Just look around and note, cogs wound. how much the grouch is hated. then make d to clear your brow, and keep your bile abated So call a halt if finding fault is your daily pastime let just one time more and let that be the last time.
Arizona republican., 1914-02-25
BRITISH CAPITAL IN FOREIGN LANDS

Take first the capital supplied to coun- tries for the development of their railways their oil fields their rubber plantations, their agrcul
 ture, We all remember the political catchword of capital going abroad and the campaign against British investment organized and controlled by the uniOnist party The unionst leaders and the ionst eX-chancelor of the eXchequer soemnly told the country that money safer abroad than at home. and there is doubt that the investing classes, which largely unionst, took their word for it and did invest abroad. Believing that Diaz Madero Huerta safer guide than Campbell Bannerman Asquith Lloyd George
Arizona republican., 1914-02-25

they neglected everything English and subscribed for anything foregn-a policy that they may bit terly repent today.
 The result of this attitude in England was great activity in the undeVeloped countries. In the capital market when the tap is working easily some one is to be there with a bucket and foreign borrowers did take money from Lon don in bucketfuls Exactly how much has been subscribed in the last few years can say, but the Economist figures which are the most con servative all the published statistics. place the amount of capital publicly raised in England during the last five years at 1,044,6O9,O00-one thousand millions in five years in advertised pros pectuses alone. Of this by far the greater part has gone British colonies and South Amerl- ca. Canada alone taking nearly 20OOOoOoO and Ar gentina nearly 100 900 000-London Chronicle.
Arizona republican., 1914-02-25
Journalistic Prescience

The Tombstone Prospector reproduces from it's files of February 21 1888. twenty-six years ago, among others, the following statement under the head of There is doubt but that work will be commenced the railroad between San Diego and Yuma by September" Thus from this. and now maturing events, better understand what the poet when he sang of Truth, The eternal years of God hers.r
 The Prospector wisely did confne itself to the September of 1888 any other year-just some September The accuracy of the than a quarter of a century old prediction has been
Arizona republican., 1914-02-25
NOT BAD FOR THE FIRST GAME

young man took young woman friend to q ball game for the first time, and in his superior knowledge asked her after the first inning if there anything about the game she would like to have explained.
 Just thing said the sweet young creature. q wish you would explain how that rheumatic bush-league relic in the box gets the ball over the plate without the aid of an express wagon"
 And in the silence that followed all that could be heard was the faint chugging of the young mans Adams apple working feverishly up and down.-From Life As It Is'' by w T. Call.
Arizona republican., 1914-02-25
ASH WEDNESDAY

He hath she wed thee, o man, what is good; and what doth the Lord re- quire of thee, but to do justly, and to love mercy. and to walk humbly with thy God?
 Micah. NI-S.
Arizona republican., 1914-02-25
MEMORIES OF MARRIAGE

There's thing will say for my first two husbands"
 Whats that?"
 "They always paid their alimony promptly Detroit Free Press.