davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-08-20

The national progress Of Russia is
reported on frequently by cable from
Petrograd. There is, for instance,
the amazing increase in savings bank
deposits, which are considerably
greater than for all preceding years.
What you do not read in the litera-
ture produced for purposes Of propa-
ganda, however, is sometimes that
part of the picture without which
nothing can be rightly understood.
There is also in Germany a very
large increase in savings bank de-
posts, and yet nobody is heard to
argue that Germany is progressing
in national wealth. There has been
enormous money initiation in Russia.
Stamps for kopecks have been seen.
That is an indication of the extent
TO which paper currency must have
been floated. Russia is still a child
in fnance-a kind of naive giant
child. Japan would not take her war
orders until Great Britain had guar
anteed payment, and Japan is very
close to Russia, has even become her
special ally, since the war began.
Nor would it be an attractive item in
the work of the propaganda that at
the present time bonds issued by the
Anglo Russian bank and guaranteed
by the Russian government are being
offered privately in Wall Street at
prices to yield much more than either
the Russian loan placed here or the
internal ruble bonds imported for
sale. 1t is quite obvious what is TAX
ing place. Both Russia directly and
Great Britain indirectly are anxious
TO sell Russian credit in this country.
Russia needs the money and Great
Britain would like TO have a market
on which to resell some of her Rus
sian things. Whether the stuff is
good or bad, whether the possible
profits are commensurate with the
risk, whether it is desirable that we
should be making large investments
in Russia-none of that is in the
question. What does Russia think of
us? We are accepting her propa-
ganda and we are putting our money
into her loans, the reasons for which
we deliberately denounced still exist.
If we were justified in denouncing it,
then we are stultifed by putting
profit above principle, and if we were
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-08-20
BANK STATEMENT

The changes, compared with last
week, are as follows:
CLEARING HOUSE MEMBERS ACTUAL
CnNDrTTON
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-08-20
By WIN. WHITTAM.

formerly Special Agent Of the De-
partment Of Commerce in Great
sBritain.)
From the other hemisphere and the
Americas our consuls and commercial
agents keep shouting at US that we
mast have American shipping and
American statesmen IL American foreign
trade is to hold its own after the war.
They tell us, too, that we must
match European methods and terms in
the conduct of foreign trade il we
mean to hold eny respectable share OF
the gain in exports of everyday COM
modities We are now enjoying. The
cure for consular sore throats lies at
home. Before the war Great Britain
had "a per cent Of the worlds COM
merce, Germany had IL per cent and
the United States had IL per cent.
Much OF our present stupendous ex-
port trade was forced upon u.s. 1t was
not earned. Sooner or later an i'm
poverished and desperate people will
wage a commercial war as unprece-
denied as the present land and sea
struggle. Presently the devils loom
Of European and Asiatic secret diplo-
macy will begin weaving webs of new
patterns, designed as much for trade
conquests as the old ones were for
territorial aggrandizement.
The present American tariff is an
Imaginary one-enacted in Europe.
The money value Of foreign trade Is
an enduring insurance against hard
times at home.
In normal times, taking into account
all the commodities handled in inter
tional trade, exports and imports from
all countries, cotton comes first and
wheat second. For every dollar spent
in cotton only IS cents is spent for
wheat.
The United States ranks first ,s
cotton growing and second as a cotton
manufacturing nation. In 1913 inter
national trade in cotton goods amount.
ed to l,2OO,000,OOO. England supplied
over half, end the United State, one
twentieth, ranking below Germany.
France, Japan and Switzerland.
For years American raw cotton ex-
ports represented "the balance of trade"
in our favor. From 1900 to 1910 the
world increased its consumption Of cot
ton at an average rate of 100000 bales
year. This requires an additional
100000 acres of land planted in cot
ton annually.
Every shot fired by a 15-inch gun
uses years crop from two and a half
acres of cotton plantation.
In 1880 Europe took Sc per cent Of
American exports. Her takings in 1913
had dropped to so per cent.
Thrift has always been a European
habit, while extravaganza is the COM
mon practice Of the American people,
and the war has made it worse. The
government and press OF England have
for months past been appealing to the
people to practise a most rigid econ
omy. These appeals have produced re-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-08-20

"Oficial commissioners reports" and
"outworn platitudes" are often SYM
onymous terms. Mr.. Hurley's report
to Secretary Redfeld on Latin-Ameri-
can trade recommends "the establish
ment Of a network of sales organiza-
tions and trading houses" A practice
centuries old. The first letter of the
alphabet of overseas commerce. This
and the need of American steamship
lines and banks were the trinity of
trite discoveries made by the commits
sioner.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-08-20
Foreign trade, too, must have a stable

Foreign trade, too, must have a stable
relation to the productive capacity Of
the country. Therefore, We must stop
the freight trains carrying our wool,
cotton, hides, timber, etc, at the fac
tory doors and pass their cargoes
through the mill on their way to the
foreign markets.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-08-20

Total Uahliltics SoNFsiJo.N wv
Gold reserve against net deposit and note la
bilites. 69.3 per cent.
Cash reserve against net deposit and note Ia
bilitcs. ia per cent.
Cash reserve against ne, deposit liabilities after
settling. 40 per cent
Gold reserve against aggregate net liabilities on
Federal Reserve notes IN circulation. III per cent
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-08-20

great probability Of tariff war be-
tween the two countries, in which we
should lose even more than Russia.
No matter. Anyone who had pro-
posed at that time to consider the
commercial loss would have been
cried down for shame. We did not
think of the money at all. 1t was a
matter Of principle. We denounced
the treaty, reckless of the cost, as the
only feasible retaliation for the fact
that Russia definitely and scornfully
refused to recognize American citi-
zenship in the person of Jew. That
was a discrimination against large
and distinguished body of Americans,
and we would not have it.
That situation has not changed in
the least. No substitute treaty has
been negotiated. Yet something has
greatly changed, as every one must
know who reads the daily papers or
the periodicals. We are exhorted to
love Russia, to consider her boundless
riches, to send our money there. The
opportunities for American capital
in Russia are represented to be
profitable, interesting, politically de-
sirable and romantic beyond oppor-
tunities anywhere else. The Russian
propaganda" now being conducted in
this country is an effort unparal-
leled for its enterprise, its penetra-
ton and the variety Of its manifesto
tons. Partly owing to the effect
produced it has been possible to place
here a $50,OOO,00O Russian loan. At
the same time banking accommoda-
tions to perhaps an equal amount
have been extended. Several bank
ing institutions are offering Russian
internal war bonds, importing them
from Russia on demand.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-08-20

We have been isolated geograph-
ically, mentally. politically. CONNER
cially and industrially from the rest of
the world, except as sellers of raw
stuffs and borrowers of money. When
the war ends our isolation will end.
We have learned for the first time and
in a practical way "the interdependence
of nations"
In the past most of our attempts at
foreign trade getting have been wet
splashes. They dried up quickly under
the heat Of competition.
The prosperity of every American
business man is tied up with the pros
perity Of the exporter.
Every American salesman abroad
should have at his command the neces-
sary references TO prove the standing
Of the house he represents. This is
Just as important as either letter Of
credit or samples.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-08-20

Sub-Treasury. - New York banks
gained from the Sub Treasury $685.
600.
Silver. - Bars in London, 81 5-l6
pence. Bars in New York, 65a4 cents.
Mexican dollars, sos and 54% cents.
Federal Reserve Bank Of New York.
The statement of the condition of the
Federal Reserve Bank Of New York at
the close Of business on August IS, as
compared with the previous week, fol-
loWc.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-08-20

When will the United States have a
"free port? Hamburg's trade and Ger
man industry and shipping grew up
together. Spain has established free
customs zone at Barcelona. We need
one more than any other country in the
world. 1t would be a potent factor in
the development Of Latin-American
trade.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-08-20

Bank Exchanges.-The days clear
ings at New York and other cities:
Exchanges. Balances
New York .S440,636 S22,962,350
Baltimore .... 6,534,920 s53,676
Boston ....... 29,313,7l1 3,5S3,252
Philadelphia ... 34,9Oi,7S4 2,t44,773
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-08-20

Japan is setting about establishing
a firm hold on South American trade
with her usual silence and thorough
ness.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-08-20
RESOURCES.

Gold coin and gold certificates:
Angus. g. August IL.
Gold settlement fund $e.s65.ooo st4,2ee, 900
Gold in vaults 149,347,i15 f45,7oo, 100
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-08-20

Gold Exports.-There was withdrawn
yesterday from the Sub Treasury $780,
600 in gold coin for shipment to Cuba.
This mede a total Of 100000 sent to
Cuba during the week.
Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1916-02-17
HERMIT BURNED TO DEATH

Potter County News: q. B. Bow
dish, living on the Schlachter ranch
near the river, was burned to death
some time between Sunday evening
when he went to the home of Duncan
Mckay to get Mckay to do some
trading for him. He did not SHOW up
on Monday for his goods and on
Tuesday afternoon Mckay rode over
to the old mans shack, which he
found burned to the ground. The
charred remains of Bowdish were
found in the midst of the ashes, it be-
ing evident that he had not moved
from his bed. Bowdish had kept a
pile of coal in the shanty and this
was still burning.
G. b. Bowdish was perhaps 70 or
Is years old and resident of Potter
county since the early days. He has
always lived the life of hermit.
Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1916-02-17
REASON FOR GOOD ROADS

The city council of Davenport, Iowa,
has, after Investigating the heavy au
tomobile truck for the fire department,
invested in mosquito fleet" This
is popular term for lightweight.
speedy fire fighting motor cars.
Whereas the largest fire trucks cost
about $500. "mosquto,fleet" car
costs about $3.50, including all equip
ment except ladders, lanterns, and fire
eXtinguishers. A mosquito fleet is
said to be capable of making long, fast
runs and to solve the problem of ade-
quate fire protection for small towns
and villages.
With good roads, one of these fire
fighting cars should give a good ac-
count of itself even in country districts.
Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1916-02-17
LONGING FOR SPRING

Backward, turn backward, Oh! Time
in your llight, give me July again just
for tonight soften the ground where
She King Frost has lain; Oh. let me
hear just one mosquito again. am
weary OF snow drifts and ice; weary of
paying the coal trust its price; weary,
50 weary, of frost bitten pie; give me
slice Of The Fourth of July. Backward,
swing backward, Oh! season of snow,
mercury fifteen or twenty below; turn
on the heat OF the tropical zone; roast
me until | am cooked to the bone. l
am So tired of freezing my nose; weary
ot chiIblains and corns on my toes;
weary OF trying to sleep with cold feet
turn on the heat, mister, turn on the
heat PIankinton Herald
Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1916-02-17
BIG GAIN IN CROPS
AND BANK DEPOSITS

Mitchell, Feb. l5. A gain of more
than $llo,0o0,o0 in bank deposits in
South Dakota within period of fif-
teen years is shown by figures lust
compiled by State Bank Examiner ].
h Wingdeld of this city.
The total deposits at the close of
the years business for 1915 showed
an aggregate of 1921 ,623, 900 on depos-
1t IN the banks of this state. while at
the end OF the year 1900 the total de-
poslts were but $ll 1882, 900. This is
an increase OF over II times.
During this period this number of
banks ia the state Increased from 1855
to so4,
inns increase in the number of
banks and the total deposits have
oeen steady climb upwards. In
1905 the eeposlts were $27, $50, 900 and
IN 1910 they We're ST ,2l0, 900.
Corresponding with the increase in
bank deposits the total value of
south Dakota's crops have also in
creased from 1884 ,222 in 1900 to s145,-
$50, ,o0o in 1915.
Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1916-02-17
FACING A GREAT CRISIS

That the United States is facing s
great crisis and one that calls for i'm.
mediate Increases in the army and
navy, was the statement of w. X.
Weaver. field secretary of the Navy
League in an address at the UDiver
slty of South Dakota last Thursday
morning. Only the administration,
he SAID, knew the extent of the dan
gers the United States is facing.
The Navy Leagy League, said Mr..
Weaver is organized to prevent war,
and if that is impossible, to mitigate
its evils. The peace Mt any price ad-
yocates were not sane or logical. To
argue that there is nothing worth
lighting for is to strike a dagger at
the heart of society. 1t makes molly
coddles of Americans. Che United
States should have no aggressive mil
itary policy but it must recognize
that it is on the world stage and must
play the game with the Instruments
that other nations use At any
moment the United States might be
swept into the maelstrom.
Most of the histories of the United
States, declared the speaker, do not
tell us the facts concerning our dis
astrous experience in the wars we
have fought. 1t took eight years for
an army of 400 900 Americans to de-
feat 1875 900 British trained soldiers
and we probably would not have ac-
complised it then had it not been fol
the aid of the French fleet. At the
opening of the war of 1912 Great
Britain had only 5000 soldiers in the
Western Hemisphere. In 1914 5000
British soldiers defeated 10 900 raw
American militiamen and burned the
| capitol at Washington. Twenty
thousand trained soldiers at the bat.
tie of Bull Run would have won the
war for the north.
After pointing out the decisive in
tluence of navies IN history, the lelG
/ oSSitteily iiiibC a l'iCu lpA blioLSC
navy for the United States, one ade
quate to protect its coasts from in
vasion and its commerce on the higl
seas. He told of the present delicien
cies in comparison with other navie
of tirst-class powers and pointed ou
the lessons of the present war. l
would be nothing short of murder, h
said, for the people of the United
States to make no preparation an
send its men out to surely die in tn
face of superior enemy.
Mr.. Weaver is on speaking tou
in South and North Dakota, Mon
tana and other western states for th
Navy League.
Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1916-02-17
EGAN TO BE DISBARRED

The referees appointed by the state
supreme court to hear the evidence in
the Egan disbarment proceedings have
found against him.
The referees we're Oryis of Yankton,
kellar of Lead and Campbell of Aber-
deem. Extended hearings were held
several months ago in which evidence
of illegal practices by Egan in dealing
with his clients was presented. Briefs
were submitted and recently oral argu-
ments in the case were heard by the
referees. They filed their decision with
the supreme court yesterday afternoon,
finding Egan guilty, as charged and
recommending his disbarment. The
report was unanimous.
Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1916-02-17
NEW PRIMARY LAW

Now that the special session has
completed It's amendment of the pri-
mary law and there is time to look at
the amended law it is found that if
shows confusion IN the manner of
placing the names of candidates for
delegates to the national conventions
upon the ballot The law as first
drawn in section 4, provides that in
years when the president and vice
president are to be elected. "such
ballot shall have inserted at the TOP
thereof the provisions and ballot pro
ylded for in sub division of section
8 of this act. This provision beng
an amendment 20 the original act, in
which sub bdivsion 3 of section 6,
provides for the placing upon the
ballot of the names of delegates to
the national convention, in groups,
under a motto.
Later the presidential preference
primary provision was grated onto
;he amended bill before the special
session, which provides that each
candidate for delegate to the national
convention shall file Independently
and state his choice or selection of
presidential candidates from the list
which has been filed with the secre-
tary of state. This in section IL, of
the amended law passed at the spec
iaI session.
These two conflicting provisions
both stand in the amendment Just
adopted by the special session and
under just which provision nomina
tions for delegates to the national
convention will be made remains to
be found out later unless some one
smashes the gear by referring the
amended law as it stands at the pres
ent time.
Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1916-02-17
INHERITANCE TAX FOR STATE

The state of South Dakota viii re-
ceive the sum of S1,7799s as inherit.
ance tax from the estate of the late
Senator j. p. Cooley of Bon Homme
county. AT a recent hearing before
the county court it was agreed between
the state tax commission and the rep
resentatives of the estate that the es-
tate should be valued at $2l2,000 for
the purpose of determining the ihher-
itance tax. The late senator died in
June, 1915, without making "a will and
leaving widow and nine children
Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1916-02-17
FOR FOOTHoLD IN WEST

st. Paul, Feb. Ii The st. Paul
Pioneer Press of this morning con-
tanned special dispatch from Wash
lngton in which it was alleged that
the senate committee on foreign af-
fairs has revelations concerning
Feputed plan on the part of the Ger
mans to secure foothold on the
western hemisphere. The committee
is seeking to keep the evidence from
publication.
The evidence purports to show that
Germany sought to buy an inter-
oceanic canal route and the right to
establish naval bases in Nicaraugua;
that Germany sought to obtain foot
hold in Colombia by negotiating for
an inter-oceanic canal concession and
by purchasing plantations and estab-
fishing a naval base at Cartagena;
that Germany gained paramount
influence by organizing the armies Of
Paragua and Chile; that Germany
sought to control the Haiti customs
and establish a naval base Mole st.
Nicholas; that Germany practically
controls the island of st. Thomas by
lease from Denmark, and has there
established a base which Is very
valuable on account of it's proximity
TO the Panama canal and Porto Rico.
All the possessions were sought for
the purpose of getting a foothold and
an influence in the nations mentioned. !.
Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1916-02-17
A MISNOMER

Mitchell Republican: That word
preparedness" is a clever misnomer.
1t implies that we have not been
spending for preparation; when as
matter of fact right before the war
we were spending considerably more
than France and France has held her
own against Germany. If France
could do that well no less than the
amount the United States is spending
then it would appear that the United
Stotes needs is efficiency, not bigger
appropriations.
Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1916-02-17
ENCOURAGE SCHOOL BANDS

The encouragement of immunity
music in South Dakota by helping in
the organization and training of town
and high school bands is the plan of
the college of music of the Uniuerity
of South Dakota. The new work is to
be undertaken by Forrest Nicola, in
structor in wind instruments, and
leader of the university band. who has
spent number of years in that work.
Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1916-02-17
SOME PREDICTION

In commenting on the recent spec
ial legislative session to amend the
Richards primary law, the Pierre
Daily Dakotan says;
THE Dakotan is perfectly willing
to go on record now in predicting
that the delegates to the national
convention will be elected on June
9th, the date of the primary election
before the governor called the spec iaI
session.
Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1916-02-17
WILSON is CANDIDATE

Washington, d. c., Feb. IA = Pres,
ident Wilson has given the secretary
of state of Ohio, PERMISSION to place
his name on the primary ballot. 1t
was necessary that he do this before
his name could GO on the ballot.
Similar authorization was given in
Indiana few days ago by Secretary
Iumulty.
Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1916-02-17
STEPHENS NOT A CANDIDATE
JAYNES is A CANDIDATE

Editor Free Press:
Having decided that / would under
no circumstances be a candidate for
q second term as Senator from the
Twenty-fourtb Legislative District,
take this method Of making my posi-
you would announce the same in the
columns Of your paper.
l.. l.. STEPHENS.
Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1916-02-17
GOVERNOR HAS LOST OUT

Aberdeen News: Perhaps the gov
ernor will consent to little further
legislation on the part of the extra
sess;on-in the form of an amend
ment to the state constitution making
it treason for legislature to pre-
sumo to fail to obey the orders of the
gov ernor.
Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1916-02-17

Chas. H. Burke, as his friends haye
known from the beginning, is not
candidate for delegate to the repubh-
can national convention in Chicago.
Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1916-02-17

President Wilson has sent TO the SEN
ate the nomination. of Orrin M Lane
of Watetown to be register of the T..
S. Land Office at Rapid City.
Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1916-02-17

The work of erecting a mammoth
grain elevator at Watertown is now
under way. This is a farmers co,
operative concern and will open the
way to farmers of the state in sscur-
ing better prices for their grain.
Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1916-02-17

Several Texas democrats who aspir-
ed to the senatorship are understood
to have changed their minds since
Senator Culberson has announced
his candidacy for denomination.
Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1916-02-17

If the special session of the legisla
ture is worth nothing more, 1t surely
is worth the cent and half of each
taxpayers money just to watch the
concocting of the campaign medicine
that is being mixed out at Pierre this
week for the spring primary = Red
field Journal Observer.
Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1916-02-17

Justice Hughes has been elected to
the presidency of the Garfield hos
pital at Washington, an Office which
has heretofore been held by a justice
of the supreme court. In his accep-
tance Of the Office Judge Hughes said:
''That is the only presidency ! would
accept"
Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1916-02-17

Considering the fact that there
isn't an earthly show of electng any
body but Woodrow Wilson to succeed
himself, the republican factions in
This state are wasting an awful lot of
nervous energy over the matter of
selecting delegates to republican
convention. Kimball Graphic.