davidaulloa/AmericanStories huggingface dataset:
The Maryville times. (Maryville, Tenn.) 1884-1944, 1916-02-03
TO THE MEMORY OF
MRS. J. L. McFADDEN

III IAlG IONluGHCG VI GOt
our beloved friend and sister, Mrs
Lester McFadden, has been trans
planted by the Father of Almighty
love from the labors and suffering:
of this world to the realm of the
bloOd-washed and sanctifed in that
bright Yonder land, and,
Whereas, by her sweet, gentle and
beautiful Christian life among us for
many years she won our confidence
and love, and,
Whereas, she was for long time
a faithful and active member of our
Church, of our Sunday School, and
of our Epworth League, never failing
in the performance of her Christian
duties, and by her sunny disposition
and beautiful optimism helped to
brighten and sweeten many a life in
our midst, and,
Whereas, in all her sickness and
suffering until the day "When that
which drew from out the boundless
deep turned again home," she never
complained, but endured as seeing
Him who is invisible" with sweet
spirit of resignation and genuine
Christian fortitude, leaving an ex-
ample of how God takes care of His
own when passing through the deep
waters and "the valley of the
shadow of DEATH" and,
Whereas, zone rift in the clouds
through which shines the blue of the
sky is a revelation of fact which all
the mists and fogs that may blacken
the heavens cannot contradict" and
"One pink bud of the arbutus on the
side of the hill, is an evidence of
spring which all the leafless trees
and water-soaked fields cannot gain |
say" so ain her ardent hopes and |
ideas, in her mistaken loyalty to |
truth, in her life of gentle love-" in |
her unwavering devotion to that
which was noble and good, "she knew
a oneness with the Eternal" so that
her very existence was a song of
melody and of joy, we who tarry and
mourn her going catch bright gleam-
ings of immortality, refreshing our
spirits and ever lifting us higher and
higher,
Therefore, be it resolved that we
the members of the Methodist Epis-
copal Church, Sunday School and
Epworth League, express our own
deep sorrow and loss, and our tender
est sympathy to the bereaved hus.
band and members of the family, land
assure them that her precious memo
ry will ever be to those who knew
and loved her, benediction, and an
tot Kings beautiful mad
heavenly, and we shall strive to so
live that when the farewells Of this
earthly pilgrimage are over we shall
join her in that fair city with eternal
whose maker and build
err is God, knowing that,
Life is ever lord of death,
And love can never lose it's own"
Be it resolved also that copy of
these resolutions be furnished the
husband and family, and that The
Maryville Times, the Maryville En-
terprise, and the Methodist Journal,
be requested to publish the same.
VIM. F. Pitts,
Mrs. Roscoe Smith,
Elva Coventry, .
Della Goddard,
Committee.
The Maryville times. (Maryville, Tenn.) 1884-1944, 1916-02-03

TTV TTTTT T7V U--T-U NC r l--3ITT.
"fou may be thankful for your ex.
cellent constitution. 1t has pulled you
through many spell Of sickness"
But, doctor if | have such blamed
strong constitution why am l always
getting sick p Chicago Tribune.
The Maryville times. (Maryville, Tenn.) 1884-1944, 1916-02-03

"ITe and Marie have just come out
Of the dark room, whore he had evil
IDENTIFY developed negative. "-Phia'
delphia Bulletin
The Maryville times. (Maryville, Tenn.) 1884-1944, 1916-02-03
orIu a NLe7ative.

"Why is MIR Kodak so gloomy took
ingH"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-11-04
From Trade Organs
Signs of the Times

Prosperity-which means high wages
and continuous work generally breeds
slackness and indifference to control
This comes soonest in evidence in the
metallurgical industry in those branches
Of work wherein the human factor is
highest; for example, in zinc smelling
and lead refining. In copper smelling
wherein the machine and the furnace
are preeminent, it is of least effect.
The greatest menace TO American well
fare is the growing lack of thrift, or,
what is the same thing, the growing
tendency to waste. whether II be Of ma
terial or time.-Engineering and Min
ing Journal.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-11-04
A Great Cash Money Crop

Peanut raising Is increasing In the
South. II has been found that they
Weld we'll all over the Southern States,
that they are most valuable for stock,
that the vines make excellent hay, and
now there is growing peanut oil in
dustry, which bids fair 70 give farmers
who cultivate them a splendid market,
making them an unsurpassed cash
money crop. A South Georgia farmer
made S6,195 last year from $50 acres
OF peanuts, which is at the rate Of
s4l.3O an acre This beats the ordi-
nary wheat or corn crop by great
deal. II is better by far than 10 usu-
ally done in growing cotton, one OF the
best cash money crops any section Of
the country has. Al yield Of a bale
20 the acre, far above the average
yield, and selling at ~ cents a pound
OF $50 q bale, the net returns would
have been about s4,ooo.-The Southern
Field
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-11-04
omist" discusses Russia's income and
expenditures as follows:

omist" discusses Russia's income and
as follows:
The war has decreased the national
income by 948 million rubles. The
Budget Commission miscalculated the
revenue for 1915 by 3O4 million rubles.
This is accounted for in the following
way: Although II was known that the
abolition of spirits would lose 900
million rubles to the Treasury, II was
expected that certain income would
be derived from the sale OF spirits
in licensed restaurants In the towns.
The municipalities have, however, de-
cided to prohibit the sales altogether,
so that even this source has now
gone. Then there is 10 per cent de-
crease in the direct taxation returns
because OF the occupation of Poland
and Lithuania. where 10 per cent OF
Russias industries and II per cent
Of her population were concentrated.
The loss Of II per cent of the rail
system also has caused decrease of
2l.3 per cen. In railway receipts.
Customs and timber dues continue to
decrease. On the other hand, there
was an increase In the passenger and
freight tar returns Of 1873 million
rubles; In the sugar tax Of 81 mill
Ion rubles; in the trade tax 46 million
rubles; in immovable property %
million rubles; in tobacco q million
rubles; in naphtha 6 million rubles.
The ordinary expenditure for the
year amounted to 1920 million rubles,
thus making a deficit of 400 million
rubles. The extraordinary civil bud
get shows a deficit of 1,479 million
rubles, and the extraordinary mill
tary budget, covered only by credit
operations, amounted for 1915 to
S,272 million rubles.
Russia has relied mainly upon
Great Britain for external credit.
Her loans there have all been ear
marked for war purchases. The
amount she has borrowed in the
United States, in contrast with the
Indebtedness created in London, is
insignificant. Lately she has been
encouraged by her English counsel
lors to enlarge her credit in this
country.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-11-04
LONDON REEVES
READING ATTACK
Financial Criticisms Seem
TO Arise from POliti-
cal Sources
By FRANCIS W. HIRST


London. Nov. 3.-Moncy and
stocks we're uninteresting to-day,
with little business doing. Lord
Readings sympathizers are indig-
nant at attacks in the financial news
which appear to have a political
orientatior.
The old criticisms against the Lord
Chief Justice for undertaking a
financial mission in the United
States have been revived, but his
Treasury work is believed to have
ceased.
Our improved credit in New York
gives satisfaction, but not so the
growing Importance of dollar ex-
changes. Hopes of an arrangement
with Sweden are now good, assisted
by submarine outrages.
The extraordinary rise in the
prices Of wheat and potatoes takes
first place in domestic politics. The
socialists, untaught by experience,
still profess to want more govern
mental control of business. Many
critics ascribe the recent rise in
wheat mainly to business desolatior
caused by government Intervention.
Potato prices are about treble nor
nal, due to the bad crop and blight
throughout Britain and Ireland
Rice is cheap, also oysters.
The labor shortage is bringing
black levies from British Africa to
work behind the British lines in
France. The question of introduc-
ing black or yellow labor here is I'M
der consideration.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-11-04
Gold Enough to Expand
Credit $6,OOO,OOO, 900
II. P. Dawson.
Chicago, November 3.

Henry ?. Dawson, Of the firm OF
J. P. Morgan & Co., and Charles H..
Sabin. president of the Guarantee
Trust Company of New York, attended
a dinner which was given to bankers
tonight by George NJ. Reynolds, presl-
dent of the Continental and CONNER
cial National Bank. Mr.. Dawson said:
There is an enormous amount OF
purchasing of supplies in this country,
as is shown by the volume of exports.
The volume of business indicates THAI
further extensions of credit will be
necessary.
an my trip abroad was amazed TO
learn of the enormous development IN
both England and France in regard
to production, especially Of munitions.
To- day they are quite Independent Of
America along this line. For a time
they had to make their purchases here,
/ but now they don't unless they can
make them on favorable terms-and
| these terms necessarily mean extern
sion Of credit.
"After the war, naturally, Europe
must be reconstructed, and its people
will have to buy great many things.
Naturally the people will buy where
they can buy best, not only in the mat
ter Of prices but in the matter OF
credits. To do our share of the bust
ness we must extend the credits.
"There is danger-a very grave dan
ger-to the United States in the con-
tinued imports of gold. Naturally the
wealth Of the world won't stay here
after peace is restored, and if the in
fation which gold brings is too great
there will be peril in the contraction
which must follow. We will have no
monopoly on the worlds business after
| the war, as we have no monopoly on ge-
MUS or industry II We wish to pros
per we must awake to the opportuni-
ties which now offer themselves and
handle them intelligently. II we want
to sell goods we must extend credits.
"As to collateral, the British can put
I'd more, if necessary, and so can the
French. There isn't any limit to their
resources or their available securities.
1T is my firm belief that the Allies
are going TO win this war, but no mat
ter what happens their obligations are
good.
There has been a marked change in
sentiment among the bankers of the
country since the first war loan was
fioated. We have turned from bor-
rowing to lending people. The i'm
ports of gold already made have given
US basis for $4,000 100000 expansion
OF credit. and credit gives the greatest
source of strength. The interest in
Chicago and the Middle West in for
eign loans is most gratifying not only
to New York but to the authorities in
England and France
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-11-04
Average Rural Income

Government figures recently gath
cred indicate that the average total
gross income Of the $4,000 farmers
in the United States is sl,236. This
figure, because OF several elements II
does no, include. is lower than the true
average income Of typical farmers
throughout the country. In the west
ern half OF the Mississippi basin es-
pecially IL is far short OF the yearly
earnings Of the average farmer. Yet
il Is generally indicative OF the fact
that few farmers are so "well-to-do'
- is so often asserted.
Even in the bountiful West the
farmer Of average means must look
sharply 70 his expenditures in order to
Keep money in the bank. And many
Of them have money in the bank only
during brief periods following crop
selling time Implement and Tractor
Trade Journal
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-11-04
News Digest
Foreign

London Markets. London, Nov. g.
Money was plentiful to-day. Discount,
were quiet. The market reflected sa,i,
faction at the result Of the Allied los'
in the United States, which was ~
garded as an indication that still large
operations in the future would no. h
difficult. The stock market maintains
q good tone, although there was no e.
pansion of business. Transactions wsn
principally in the miscellaneous sec
ton, in which meat shares, Courtsuh
and Canadian industrials were hrr
features. The French loan and Co
lonial bonds made the best showing !
the investment section. Americans vsr'
steady at around parity. Low-priee'
shares were the most active.
Money, 3 per cent; discount rates
short and three month bills, 81 TO ~
per cent; gold premium at Lisbo'
800.
Paris Bourse. Paris, Nov 3.-rnt
ing was very quiet on the Bourse 10
day.
Three per cent rentes, 81 francs ]
confines for cash; exchange on Los
don, 27 francs 81 = centimes, 3 %
cent loan, 81 francs 90 ccntlmes, g
c. upon.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-11-04
Money and Credit

Money on call at the New York
Stock Exchange ruled unchanged yes
terday at 212 per cent.
The bulk Of the business in the
market for time funds on brokers
stock exchange collateral consists OF
renewals. The tone continues easy
Five months industrial money is lend
ing at 3iz per cent.
Ruling rates on money yesterday,
compared with year ago, were as fol-
lows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-11-04
Friday, November 8, 1915

It is said that political feeling in
Wall Street was never so intense and
bitter. That is probably true. II
means that Wall Street is politically
divided in an emotional manner,
which is something that seldom hap
pens and could not happen at all II
II were thought that the result OF
the election would alter financial or
economic conditions. When Wall
Street thinks, it thinks in terms of
gain or loss. When it feels, 1t is dis
oordant and human. In the contest
between Bryan and Mckinley it
thought as one man. The election OF
Bryan would cause stocks to fall and
the election of Mckinley would cause
them to rise. If man bought stocks
it was because he hoped that gold
would win; if he sold stocks it was
because he feared that silver would
win. There was no feeling, no bitter
and acrimonious discussion between
BRYAN and Mckinley men. There
were no Bryan men. Perhaps never
in this generation was there an cleo
ton which concerned Wall Streets
pocket less. Therefore, it abandons
itself to the luxury of political emo
ton. Discussions on the floor of the
Stock Exchange have to be abruptly
discontinued for fear of breaking the
rules of decorum. One man will say
that a decent person could not think
as that one does, and that one viii
saw that he cannot call the other an
American, and both Of them may be
long Of stocks for a rise. A man
NAV buy stocks with one hand and
bet money on Wilson with the other,
or conversely, and what one hand
does is unrelated to what the other
one does, except possibility in the
imagination Of the emotionally ex-
cited individual. For this reason the
election betting is not the cold bar
ometer Of tradition. Bets are made
in passion. The division is very
deep. A great many Wall Street
people resent what Mr.. Wilson has
been saying about them, and others,
carried away by feeling, expose
themselves to the charge of disloy-
atty by saying that what Mr.. Wilson
says is mainly true. 1t is in one
case a defensive herd emotion and in
the other a mood Of self-Castigation'
These things are strange and as yet
imperfcctly understood.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-11-04
s4241fe2. 1se s3.7ee.53t.o52
The Dollar in Foreign Exchange

The foreign remittance market was
generally quiet. Swiss exchange held
strong. with checks selling 70 By
Italian lire continued 10 display weak
ness. Russian exchange was IN
changed. despite definite reports Of a
new s5o,OOO,0OO credit. :,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-11-04
RUSSIA GETS AN
UNSECURED
Issue of $50,000,000, to
Run Five Years, Will Be
Payable in Dollars

Negotiations with the Russian gov
eminent for a S5O,OOO,OO0 fve-year 81
nor cent unsecured dollar loan rave
been closed By banking syndicate
consisting of the National City Com
pany. J. 7. Morgan e. Co., the Guaranty
Trust Company, Lee, Higginson & Co.
and Kidder, Peabody G. Co. A public
offering may be made within a week or
two. The price has not yet been de-
termined, but the yield will be consid-
erably above the interest rate, PROB
ably higher than 6le per cent
The completion of the loan negotia-
tons marks the elimination Of numer-
Gus conferences that have extended
over the last two months. At one time
IL appeared that the loan would be SIM
liar to the last S5O,0OO,OOO Russian OBJ
LEGATION placed in this market. This
took the form of loan secured py
rubles. on a valuation Of 33 1-3 cents 70
the dollar. Participants In this loan
were afforded the opportunity OF an
exchange profit, If at any time during
the life of the credit rubles should ad-
vance above the stipulated price.
Completion Of arrangements for the
new loan is particularly interesting, as
it will put to a test Russia's ability 70
sell to the American public for the first
time a direct obligation in dollars. The
Russian war loans have sold quite free
" here, but at a rather large discount
Investment houses and Stock Exchange
firms have advertised them freely
more for their speculative possibilities
than as a permanent investment.
High Rate Attractive to Banks
Opinion in investment circles yester-
dav was that even if there Is not
heavy demand for the forthcoming loan
from individuals it would be quickly
absorbed by banks, trust companies ana
other nndnCldl lUSlllubiOhof DNN"NSN -
the opportunity it would give them to
invest their unemployed balances at
much higher interest than domestic
borrowings afford.
Russia has not been heavy Dor
rover in the American market since
the war began, chiefly for the reason
that she has not been able to arrange
satisfactory terms. The only loan OF
consequence was the s50,0OO,ooO ruble
credit placed here last summer. This
runs for three years and was sold on =
81 per cent basis.
New York bankers are expected to
announce within the near future loan
to the Argentine which will consolidate
the short term obligations placed in
this market since the beginning of the
war. The amount may run as high as
SIS, 100000.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-11-04

The above rates express the cost o.
foreign money in terms Of the Ametr
can dollar. You buy an English pound
sterling for s4.75lI; the intrinsic par
itv Is s4.S65s per pound. Thus, you
cav either that pounds arc at q dis
count or that dollars are at pre-
MUM. which is owing to the fact that
in England the demand for dollars
with which to settle accounts in this
country is greater than the demand III
this country for pounds with which to
settle accounts in England.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-11-04

Demand is undiminished. The
wonder Of its chronic. Nov buy
ing for current and forward require
ments still outstrips the facilities
for both production and distrlbu-
ton" says Dun's Review, of the
week closing. But manufacturers,
who have first to find the materials,
are beginning to avoid the buyer.
There is a growing scarcity of ma
tcrials. of labor, of railroad cars and
of fuel. Profitable contracts are be-
ing rejected because it will prob
ably be impossible to fill them.
Therefore, much business IS begin
ming to be held in allegiance. Fine
dress goods are scarce. Some mills
have announced that they cannot
take any more orders at any price.
in the footwear industry production
is at the limit of capacity, and prices
are daily higher, and although buy
ers appear to be willing to pay any
price. business is checked by the
stupid circumstance that before you
can make shoes you have to find
hides. The market for hides is very
excited, and prices are Soaring to
new high positions" With goods as
with stocks in Wall Street. They
seem never so scarce as when they
are dear.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-11-04

Berries from asparagus plants are
now being collected in Germany as a
substitute for coffee. Gathered when
ripe and red. and washed and dried and
left until they get hard, they are SAID
TO make, when roasted and ground, an
excellent beverage closely resembling
genuine coffee.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-11-04
The Weeks Money Currents.-The

The Weeks Money Currents.-The
reported movements OF currency this
week indicate a gain in cash by the
banks OF nearly s25,oOO,oOO, according
70 the estimate Of Dow, Jones & Co.
Most Of this is accounted for by the
heavy gold imports. Gold imports
actually paid out TO the banks were
$4,000 900, Of which s16,ooO,OoO was
paid out on local Assay Office warrants
and $4,000. 900 transferred from Phila-
delphia.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-11-04

Below is given the current exchange
value Of foreign money in dollars and
cents. together with the intrinsic gold
paritv. as calculated by the United
C4o+oe Mint:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-11-04
Commercial Paper.

quieter. a condition attributed to the
near approach Of the election. Rates
are quoted unchanged at 314@34 per
cent for prime regular maturities.
Official rates of discount at each Of
the twelve Federal districts are as fol-
lows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-11-04

Russia now is spending about II
million dollars a day for war. Great
Britain is spending 20 millions, Of
which about one-quarter is loaned to
her allies, including Russia. There
fore, Russia alone is spending nearly
as much as Great Britain. The count
is made in rubles, which are at 4
great discount, being quoted now
around 81 cents, against a normal
parity Of q little more than 81 cents.
In the first year of the war Russia
met four-ffths Of the cost out of her
own financial resources and borrowed
the remainder abroad. In the sec
ond year she found only about two
thirds of it out of her own resources
and borrowed the other third. She
has been increasingly dependent
upon outside loans. There has just
been announced another internal loan
for 81 .5OO,OOO,OO0. Her total war
liabilities up to July 10 last were
1919 billion dollars. The following
figures Of the gold reserve and the
paper money outstanding in Russia
are illuminating: