davidaulloa/AmericanStories huggingface dataset:
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1915-08-03
Do Not Pledge Yourself--

DO NOL 1ACuSG AOuISCll-
The campaign is approaching and
already the candidates are in the
field. So far no candidate has made
a real declaration of principles. This
is not absolutely necessary but it is
useful by way of letting the voters
know where the candidate stands on
leading public questions. But aside
from this it is best for the voters to
give all the candidates chance to be
heard before pledging themselves.
There is no occasion for one to pledge
his vote, and it is better by far to re-
main unpledged until all the evidence
is in and the case fully argued.
More careful selection Of the men
for public position in great need.
In operation this would do more to
change the trend of public thought
and action for the betterment of pub
lie affairs than anything else, and
the individual voter is the pivot u6on
whom this great reform hinges.
People are often careless or indiffer-
ent in making their choice Of candi-
dates, but they are not careless w6en
they buy horse or select beefsteak
They entrust powerful responsible
ties to an individual because Of some
favor rendered, or for other trivial
and inconsequential reasons. Thus the
public welfare is determined. The
candidate comes, deboznir, smiling,
Misunderstanding, ingratiating individual.
You like his manners and you promise
to vote for him. Suppose you were
going to employ him to work for you.
Bring the matter home to yourself.
Put the candidate in the attitude of
an applicant for position-that's
what he is. 1t is the right and privilege
of every man to know what he expects
to do and how he is going about it.
The candidate is asking his to exer-
else high and sacred privilege in his
behalf. It is no trivial thing: on the
\ contrary 1T is the country turns.
Heckle your candidate; churn Inn
through the mill, and then reach yokr
decision in the quiet of your closet
and vote for the best man in the priv
acy Of the voting booth.--0 Orlando
Reporter-Star.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1915-08-03

Nothing is more enjoyed by the
average Floridian than q lively polit-
ical campaign, and from all indica-
tons every citizen soon is to be made
happy.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1915-08-03

Recently . German cardinal prayed
for Gods assistance in bringing
about peace, but did not forget to add
that it must be 5 victorious peace"
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1915-08-03

When q Pennsylvania girl, attired
in her fathers clothing eloped, the
local paper adorned the story with
this head line: "Flees in Her Fathers
Pants"
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1915-08-03

France, having more rifles than
men, has invited Russia to, send over
half million or more men to use
those rifles. Russia probably will
prefer that France send the rifles to
the unarmed men of the Gar.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1915-08-03

The German generals who are
surrounding Warsaw seem to be go
ing on the theory that one good turn
deserves another.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1915-08-03

For breakfast tomorrow
try Sulzberger's Majestic
Bacon. "Deliciously differ
ent."
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1915-08-03
COMMENTS FROM
STATE PRESS

Model Murder Trial
That was a model murder trial
over at Milton in West Florida in
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1915-08-03


who try to smoke the cigars made
there ?-St. Petersburg Independent.
Journal the Favorite-
The Times had the pleasure of a
visit from Mr., R. w. Roberts, repre-
sentative of the Pensacola Journal,
Tuesday. Mr.. Roberts is most
suave and pleasant gentleman, and
represents the favorite paper in this
section. The Journal is furnishing us
the first news of the many and mo-
mentous events that are now crowd
ing upon the entire world so thick
and fast, and its daily visits are al
ways anxiously awaited. Success to
the Journal.-Munson Times.
Visit of Mac
Attorney E. NJ Magaha was an
early passenger to Pensacola this
morning, just what business called
him to the Deep Water city at this
time deponent saieth not, but it is
intimated by Sheriff Harvell that
as Attorney Stokes, Judge Blount
and Attorney Blount, Jr., were unable
to settle their fistic scrap in
Judge Kirk Monroe's court yesterday,
Mac may have gone down with the
idea of Strengthening them out and
teaching them how attorneys as well
as other human beings should dwell
in harmony with one another. How
ever we are of the opinion that Mac
has gone on a less hazardous and
more dignified mission, and shall
look for him back this evening with
none of the scars of battle disfiguring
his countenance.-Milton Gazette.
"Old Folks" Picnic
About fifteen hundred people at
tended the Old Folks picnic at Bratt,
Escambia county, Saturday. An old
fashioned picnic dinner, barbecue and
addresses were features of the day.
Among those who enjoyed the day
were Mr.. and Mrs. A. G.. Brewton,
ST., who have a total of 254 descent
dants, 243 Of whom are living.-Wau-
chula Advocate.
Is "Jim Dandy
Pensacola's new 100000 hospital
is Games Dandy" It will be open
for patients on the 18th Of next
month. Advertiser.
Airship Factory
The government is to have hydro
aeroplane plant at Pensacola with a
capacity of turning out at least three
machines a week.-Wauchula Advo-
cate.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1915-08-03
PENSACOLA AND
PENSACOLIANS

PensacoIa's Hospital
Pensacola has built a 100000 hos
pital which will be opened September
1st.-Sarasota Times.
Why?-
In referring to Pensacola's magnif-
icent new 100000 hospital why
doesn't the Tampa press say Pensa-
cola needs some such basilding in
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1915-08-03

which to care for the poor people
who try to smoke the cigars made
there ?-St. Petersburg Independent.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1915-08-03

''. 7.s: :. g: N: @ @
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1915-08-03
IOUR COUNTRY
WOUl PRESIDENT
ANSl &cz zaMZ M9
WOODROW WILSON
OGLETHORPE'S GREAT VICTORY.
Published speccl through
The MeCIErs Newspaper Syndicate.

b. the Newspaper syndieatal
COPYRIGHT 1901
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1915-08-03
SCHOOLS and cOLLEGES
WHERE SHALL GoTosCHooLP
The State University

The State University
Gainesville, Fla.
Highest standards, ranking with
the largest and best Universities OF the
North and East.
3ST students last session. Total en-
rollment $50, including Summer School
Tuition free. excepting $1,000 per Sc
mester for law.
For further information address
A. A. MURPHREE, President
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1915-08-03

Airship Factory
The government is to have hydro.
aeroplane plant at Pensacola with z
capacity of turning out at least three
machines a week.-Wauchula Advo.
cate.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1915-08-03
"oId Folks" Picnic

Is "Jim Dandy
Pensacola's new $40o, 900 hospital
is a Games Dandy" It will be open
for patients on the 18th of next
month. Bombay Advertiser.
Rogue River courier. (Grants Pass, Or.) 19??-1918, 1915-12-21
REPORTERS HUNT
FOR NEWS Or HAPPY
HONEYMOOkERS
(By a United Press Staff Cores
pondent. }

pondent.
Hot Springs. Va, Dec. 81. Presi-
dent Wilson and his bride are still
at Hot Springs very still. to be
exact. There's double guard Of
secret service men, hotel detectives
and volunteer employees scattered
about their hotel suite. Newspaper
men will have to work overtime to
make the boss believe that they are
earning their weekly stipend by the
slimness OF their news.
The United Press correspondent,
however. is working hard. as the fol-
lowing pieces Of news for the papers
show:
The hotel press agent, interviewed,
said that Robert e. Lee. famous son
of vuhginyah. sub. once had cot
tage here, in fact on the site Of the
wing which the president now oc-
rupies.
An examination Of the old books Of
the hotel revealed that Jefferson
once stopped at Warm Springs. part
of the resort. and bought bottle ol
wine for 80 cents. Tom would be
made to feel like 80 cents II he
offered that little now.
The presidents walters. interview.
ed. developed no news. They are
the proudest men here. William
Daniel Washington and two aides
Grey and Blackstone, first names
muifed in the scramble for news.
Rogue River courier. (Grants Pass, Or.) 19??-1918, 1915-12-21
MASON TELLS WHAT
WAR MOVES MEAN

New York, Dec. 2i.-Spain may be
preparing to Join the Germans, re-
take Gibraltar and annex Portugal.
A Gibraltar story OF Spain's order
Ing Remington rifles coinclded with
reports that Spain has deposited here
$40, 100000 with which TO purchase
munitions.
BY waiting until the end OF the war
Spain could save so per cent on such
purchases. She has suffered economic
losses on account of the war and II
lis improbable that Madrid would
tolerate extravaganza unless require
ments along this line were urgent.
Spain Is In no danger OF attack
from the belligerenta. hence her mu-
nltions plans suggest that King AL
fonso plans an offensive. He may
have concluded that either Germany
will win the war or that everybody
will be so exhausted at the end that
Spain can seize Portugal and
Gibraltar.
England hasa secret offensive and
defensive treaty with Portugal. while
the Spaniards are largely pro-German
sympathizers. Spain remembers Ger
many's sympathy in the Spanish
American war. and believes England
prevented formation OF a European
league In 1898 that might have saved
for Spain the Philippines and Cuba.
At the same time, Spanish incllna-
tions are influenced by the fact that
Alfonso's wife and mother are Of
Austro-German descent.
Rogue River courier. (Grants Pass, Or.) 19??-1918, 1915-12-21
EAT A SQUARE MEAL AND
NOT FEAR INDIGESTION

There are hundreds OF people In
Grants Pass who we're not the least
BIT surprised when they read In the
Courier that G. II. Demaray is selling
Mi-o-na on q guarantee to refund the
money In case II did not relieve. This
remarkable dyspepsia remedy will re-
lleye the worst case OF indigestion,
headache, dizziness, or the general
played-out condition that afflIcts
every one suffering with stomach
trouble. Mona does not simply re-
lieve. II aims 10 cure.
q. II. Dcmaray can tell you OF
many well known people In this city
whom this remedy has restored to
health. often after they have tried
many other mkthods OF treatment
with little or no benefit. No other
dyspepsia remedy has made SO large
a percentage OF cures as Mi-o-na. It
Ia 80 large that 9. II. Demaray stands
ready TO refund thb price to any Gus
toner whom II does not help.
The best kind OF Advertising ig the
praise OF pleased customer, and
here are hundreds In Grants Pass to-
day praising Mi-o-na because 1t does
what II Is advertised TO do A few
months ago they could eat nothing
without wondering what the result
would be. Since using Mi-o-na they
eat what they want and when they
want, with no fear OF suffering.
Rogue River courier. (Grants Pass, Or.) 19??-1918, 1915-12-21
FAMILY FEUD In D0DD
HOLLOW is FATAL

klamath Falls, Dec. 21.---One Is
dead. one wounded, and three are un-
der arrest today as the result Of a
pitched battle with revolvers between
two families at Dodd Hollow, 25
miles from here, Mrs. Alma Kuehne
was killed. Guy Hunter was shot
through the arm. and Andrew
Kuehne. A. Ernest Lawrence and
Mrs. Hunter are held in jail.
The battle was the result OF a long
standing feud, which grew out Of a
dispute over the ownership Of some
land. Lawrence and the Hunters
lived in one house and the Kuehne
family in another ON the same prop
erty. The Kuehne house was burn
cd. Lawrence was charged with ar
son and the jury disagreed a week
ago.
Rogue River courier. (Grants Pass, Or.) 19??-1918, 1915-12-21
STATION AGENT SHOOTS
ROBBER THREE TIMES

Portland, Dec. 2l.---An unidenti-
fed robber was shot three times and
probably fatally wounded early to-
day byJ. D. Stewart. night telegraph
er at Multnomah station, eight miles
from Portland. Stewart was OF
work when the robber threw a brick
through the station window. The
operator rushed outside and into his
house nearby. where he got his re-
volver. Returning to the station, he
found the man rifing the till, Stew.
art fred four times. Two bullets
penetrated the robbers lungs, one
struck his arm, and the fourth miss
ed. The highwayman Ia in a Port.
land hospital
Rogue River courier. (Grants Pass, Or.) 19??-1918, 1915-12-21
FIVE CHINESE PROVINCES
JOIN IN REVOLUTION

San Francisco. Dec. 21,-Fsrst in
formation as to the progress Of the
Revolutionary movement against EN-
|peror Yuan Shi Kai OF China was re-
ceived BY local Chinese today. when
q cablegram brought the news that
Ave Of the most important provinces
In China have openly revolted.
Chinese leaders from various parts
of the United States in San Francisco
next week will take steps to aid the
revolutionary provinces.
Rogue River courier. (Grants Pass, Or.) 19??-1918, 1915-12-21

100 feet Of the dock at camano.
camano island, yesterday evening.
A. u. Garrett. OF Seattle. q travelling
salesman for the oil company. was
drowned. The four members Of the
crew saved themselves by swimming
TO shore.
Rogue River courier. (Grants Pass, Or.) 19??-1918, 1915-12-21
GALE BLows ~ MILES
AN HOUR AT NORTH HEAD

Astoria. Dec. 2l.---A heavy gale
struck the coast at North Head last
night tho wind attaining a velocity
Of ~ miles an hour Shipping has
been delayed. but no damage was re-
ported early today. ..~, s....s.s.a
Rogue River courier. (Grants Pass, Or.) 19??-1918, 1915-12-21

California and Oregon Coast
Railroad Company

lThc Oregon Caves R0ute)
Effective Monday, Dec. 20, 1915.
Train l ". Grants Pass. 1900 am.
Arrives Waters Creek. 300 am.
Train 2 w. Waters Creek. Is am.
Arrives Grants Pass- Is am.
Train ". Grants Pass. 200 .. m.
Arrives Waters Creeks: 90 i. m.
Train 4 ". Waters Creek. ...5 100 T. I'm.
Arrives Grants Pass. s..--.6: 90 pm.
All trains leave Grants Pass from
the corner OF @ and Eighth streets
opposite the Southern Pacific depot
For all information regarding
freight and passenger service call 81
the Office Of the company, Public Ser
vice building, or phon -sS-R for
same.
Train viii stop on flag at any point
between Grants Pass and Waters
Greek. Passenger service every day
In the week.
Rogue River courier. (Grants Pass, Or.) 19??-1918, 1915-12-21
DECORATIONS AND PAINTERS
!. Whom esshlons Lsssea For years.

In times past a fashion lasted With
sligh, notifications for wears, Much
the same fashion continued through
the long reign cf Louis XIv. und nn'
other through that OF Louis Nv. while
the ladies' OF the middle ages never
thought Of varying their costumes, AS
for the Greeks and the Romans. gen
Grafton succeeded generation with III.
tie change IN female dress, nnd yet all
these indies Of the past were more ar.
tlstically dressed than thosc VI today
Muny uu louh,i sllcnt more than they
could afrord. but when they had q
costly dress they kept |, und did not
throw \ AWAY TO replace u with nm.
other London TRUTH
Trsapass netices, printed on cloth
At the Courier o0ee.
Rogue River courier. (Grants Pass, Or.) 19??-1918, 1915-12-21
SCHOONER SINKS AT
THE DOCK IN SEATTLE

tHy United Press Leased wire.l
Seattle. Dec. 2l.--Hcavy seas sunk
the Union OIL company's chartered
gasoline achooner President within
Rogue River courier. (Grants Pass, Or.) 19??-1918, 1915-12-21

Ladies' writing desks for gifts at
HeImer's. 624
Rogue River courier. (Grants Pass, Or.) 19??-1918, 1915-12-21

REGISTERED HOLsTEIN BULL
CALF Good individual. well bred.
high record ancestry, price low.
Registered Berkshire pigs BY
Laurel Champion. worlds record
sire. =. r. Steel. Winona Ranch.
Grants Pass, Ore. II
FOR SALE--One horse, weight 1000
lbs; sound, gentle, willing; ride or
drive; buggy and harness in good
condition. Price reasonable. In
qulre Homewood farm. Telephone
Wilderville central. 632
FOR SALE--Small ranch on west
Jones creek. For particulars in
quire at 312 X street. 635
WILL SELL on time with good se-
curity, or exchange 1911 Maxwell
for property. State In your letter
description and condition. Address
No. 2125, care Courier. e10tf
NURSERY STOCK Bring. write or
phone your tree orders to George
H. Parker. 4O3 West D street.
Grants Pass. Phone 285-Y. Ten
years In the business. 642
FOR SALE OR TRADE for house
in Grants Pass. 160 acres OF raw
land IL miles from city. Address
No. 2171. care Courier. 624
BERKSHIRE sows In pig TO Laurel
Champion. the sire who outranks
all others in the world in the show
record OF his get. F.. r. Steel.
Winona Ranch. Route /. Grants
Pass. If
FOR SALE Good carrots. 81 ton. at
my place, close to town. J. Christie,
Route 2. 625
FOR SALE OR TRADE on suitable
terms--120 acres partly improved
hillside land, buildings and small
orchard and berries. we'll and some
spring water for irrigation. Some
In timothy In all, about 20 acres
cleared. Also has good amount
OF heavy standing timber. 51s
miles from town. Address No.
2212, care Courier. 627
FOR SALE OR TRADE -Sx1O Inn
proved Empire State camera.
tripod, backgrounds and complete
professional outfit. Trade for
wagon, stock or farm implements.
Address w. J. Evans, Wilderville,
Oregon. GAS
Rogue River courier. (Grants Pass, Or.) 19??-1918, 1915-12-21

E. s, vANDyKE. Attorney. Practice
in all courts. First National Bank
Bldg.
Rogue River courier. (Grants Pass, Or.) 19??-1918, 1915-12-21
WANTED
VETERINARY SURGEON

DR.. r. J. BESTUL. Veterinarian,
Once In Winetrout implement
Building. Phone 1l3-J. Resi-
dence phone S05-R
Rogue River courier. (Grants Pass, Or.) 19??-1918, 1915-12-21
ATTORNEYS

COLvIG & WILLIAMS Attorneys
At-Law. Grants Pass Banking Co.
Building, Grants Pass, Ore
Rogue River courier. (Grants Pass, Or.) 19??-1918, 1915-12-21

EDWARD H. RICHARD, Attorney
at-Law. Office Masonic Temple.
Grants Pass. Oregon.
Rogue River courier. (Grants Pass, Or.) 19??-1918, 1915-12-21

Q. S. BLANCHARD. Attorney-at-LAv.
Grants Pass Banking Co. building.
Phone 270. Grants Pass. Ore,
Rogue River courier. (Grants Pass, Or.) 19??-1918, 1915-12-21
DRAYAGEsAND TRANsEER

THE WORLD MQvns; 10 do We.
Bunch Bros. Transfer Co. Phone
15-R.
Rogue River courier. (Grants Pass, Or.) 19??-1918, 1915-12-21

BERKSHIRE sows In pig TO Laurel
Champion. the sire who outranks
all others in the world in the show
record OF his get. F.. r. Steel.
Winona Ranch. Route /. Grants
Pass. If
Rogue River courier. (Grants Pass, Or.) 19??-1918, 1915-12-21

FOR Good carrots, 81 ton. at
my place, close to town. J. Christie,
Route 2. 625
Rogue River courier. (Grants Pass, Or.) 19??-1918, 1915-12-21
TORRENT

FOR RENT CHEAP--Large. commo-
dious house two blocks from post
office, o. 8. Blanchard. 5sStf
Rogue River courier. (Grants Pass, Or.) 19??-1918, 1915-12-21

FOR sALE--One horse, weight 1000
lbs; sound, gentle. willing; ride or
drive; buggy and harness in good
condition. Price reasonable. In
qnlre Homewood farm. Telephone
Wilderville central. 632
Rogue River courier. (Grants Pass, Or.) 19??-1918, 1915-12-21

WILL SELL on time with good se-
curity, or exchange 1911 Maxwell
for property. State In your letter
description and condition. Address
No. 2125, care Courier. s10tf
Rogue River courier. (Grants Pass, Or.) 19??-1918, 1915-12-21

s. LoUGHRIDGE. N. D.. PhysicIau
and surgeon, City Or country calls
attended day or night. Re-.
phone 500; oflcs phone 1s3.
Sixth and n. Tufts Building.
The commonwealth., 1915-03-05
WITHIN THE Law.

Smokeless powder, noiseless fire.
arms and Maxim silencer, such
as the Mcnamara dynamiters are
alleged to haYe employed against
their enemies, are adopted for the
time on the stage in Within the
Law" Bayard Veiller's thrilling
new American play on modern
metropolitan life, which Selwyn
and Company is to present at
Greenwood Theatre, on Monday,
March 9th. These Ingenious de-
vices of modern warfare-which
makes possible the killing OF a
person, with practically mini
mum danger Of detaciion-are
adroitly introduced by the play
wright to inject an element of
battling mystery into the murd. r
that forms one Of The xciting
scenes OF With the Law" Al
though the audience sees q pistol
drawn and the character at whom
it is aimed drop seemi gly life
less, there is not the slightest re-
port from the discharge Of the
bullet nor the faintest trace Of
smoke. 1t is the use of these
weapons that makes so puzzllng
the solution of the crime in the
play. In New York and Chicago
where within the Law" is the
current dramatic hit, the play was
designated ''the drama of the
minute"
Clara Joel will again assume the
role of Mary Turner, supported
by the same excellent Company
that was seen here last season.
The commonwealth., 1915-03-05
COMMUNITY Y. NJ. c.. A. NOTES

Schedule of meetings week be-
ginning March 7th, 1915:
Sunday at 8 o'clock Mems meet
ing at The Business League.
Monday at 3 o'clock pm. meet
ing of the high school organiza-
ton, the Corpus Juris. At 7:3O p.
m. to $50 the Night School.
Tuesday at 8 pm. till 10 Busi-
ness Mems Gymnasium Class.
Wednesday at 8 o'clock pm
Board of Directors meeting.
Thursday at s pm. to 10 Bust.
ness Mems Gymnasium Class.
Friday at $3.50 am. meeting oil
Grammar School League. Al
7:3O pm. to $50 Night School.
The commonwealth., 1915-03-05
STAPLE COTTON SEED.

Guaranteed absolutely pure, ex-
ira long staple, genuine / 1-2 in
ches. Good out-turn and yielder,
actual test against a prolific short
staple, showing only a slight diff
ference. | sold cotton from these
seed at is cents this season, the
lowest at 13 1-2 cents. $500 per
ton, $500 per bu. B. B. PROVINE,
Greenwood, Miss. References,
First National Bank, or any cotton
dealer, Greenwood.
The commonwealth., 1915-03-05

Coming Friday March 10Th,
Greenwood Theatre, matinee and
night, Lew Fields in "Old Dutch" I"
A Shubert Feature in five acts,
presented by the World Film Cor
poration. This roicking comedy
production will please any audi
ence. Don't miss it!
The commonwealth., 1915-03-05

Whoever started the discussion a.
newspapers overlooked the indisputa-
BILE fact that II women didn't read
newspapers the department stores
would never use them to advertise
bargain sales
The commonwealth., 1915-03-05

Whenever You Need General Tonic
Take Groves
The Old Standard Groves Taste1ess
chill Tonic is equally valuable as q
General Tonic because It contains the
well known tonic properties Of QUININE
and IRON. It acts on the Liver, Drives
out Malaria, Enriches the Blood and
Builds up the Whole System. 50 cents.
The Bridgeport evening farmer., 1915-10-11
GERMAN WAR LOAN BANKS TO OPERATE
 AFTER WAR ENDS.

Berlin, Oct 11.-It is announced that the loan banks that were organized at the outbreak of the war in order to fla ciIitate the raising of the huge sums needed to carry it on will not be wound up immediately after the conclusion of peace. This announcement has been made, from a seTni-officiaI source for the purpose of encouraging the people to make liberal use of the banks in raising money to buy the new bonds now onered for subscription. It was feared that people would hold back from borrowing at the loan banks upon the assumption that they would be promptly closed at the termination of the war, and that in the liquidation of their affairs all outstanding loans would be called in at once.
 The public is now informed that the banks will continue in existence for some time after the war, and that they will deal in a liberal spirit with borrowers, extending loans from time to time as may be found neces- sary.
 These banks have not yet been , called upon the lend money to any thing like the extent that had been contemplated when they were organ ized. While they have the right to lend to a maximum of STA, 4,O00, 900, their actual loans outstanding at, this moment are only little more than one-third of that amount. Still more surprising is the fact that the great loan of last March was foated with very little assistance from these banks. The total amount of that : loan, now all paid in, was $2,1 16A ,0OO.- 900 Cat the normal rate of exchange), but the amount of it now held against securities hypothecated at the loan banks is only s70,O00, ,OOO, which is less than 3 1-2 per cent. of the total. It is probab b1e, however, that the new loan now underg ng< subscription will cause greater pressure upon the loan banks than the two already brought o11t