davidaulloa/AmericanStories huggingface dataset:
South Bend news-times. (South Bend, Ind.) 1913-1938, 1916-10-09
RICH MICHIGAN MAN
KILLED IN OFFICE
Wealthy Real Estate Dealer
and Flint Public Officer
is Found Slain.
I.er.-TLm.. - -.


FLINT. Mich. oct Neil j.
BerFton. ST.. 60 years old. wealthy
real estate dealer and member or
the Flint board Of water commits
sioners was shot o. death m MS
office in the north end of the city
sunday afternoon about @ o'clock.
Robbery is believed 90 have been
the motive for the crime. ass Bers-
toms pockets were turned wrong side
out and several small pieces of silver
we're found scattered on the loor.
There were evidences of "a struggle.
bench being overturned and papers
which had been carried by Berston
were fn confusion on the floor and
his clothing disarranged.
Client FINDS the Body
Discovery Of the murder was
made by John Goodenough. who
went 20 the office 90 make a pay
ment on some real estate ne was
buying He found 8erston's body
sitting upright in a chair with blood
flowing from a bullet wound through
the heart. Goodenoueh ran from
the huilding yelling Murder"
Every available police officer and
sherins deputy iu the city was de-
tailed on the case
Mrs. r. O.. Hunt who lives within
sight of the Office. stated she saw
AIR Berstou emerge from his office
about 2.45 O'Clock. and says ne was
approached by rough looking man
about six feet tail, who wore a
weeks growth Of beard She says
the two talked for moment and
went into the office Tn few min
utes the man was seen 20 leave the
office. walk rapidly away. glancing
back ncrvously several times
Other Women see Man.
Her description of the man is veri-
fed by several women who say they
saw the man leave the Office No
one has been found who heard a
shot fred. The shot is believed 20
have been fred from an automatic
pistol. for an empty cartridge was
found on the desk. indicating il was
thrown out by the ejector Of an
automatic The bullet steel jacket
ed pierced Berston's heart and
lodged in the spine. post norton
examination showed.
Eerston is believed 20 have had
between $500 and $500 I'm his pockets
&c The time he was killed. He was
reputed 90 be very wealthy. and was
the owner of much real estate He
was director of The Industrial Saw
irss bank OF Flint Tie was noted
as n uhilantrophist. having donated
heavily to charitable causes. At the
Time OF his death he had plans under
way for the erection of biz hos
pital where The poor We're to be
given treatment free Berston leaves
"a widow and two sons. Neu. ir.. of
Flint. and Charles. in the east.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1916-10-09
FOUND DEAD IN OFFICE
Wealthy Realty Dealer in Flint.
Mich. shot Through Heart.

FLINT Mich. oct 9.-Nen J.
Eerustou. a wealthy real estate man.
was found dead in his Office here
sunday with a bullet through his
heart
10 was ar. Bernston's custom 10
make collections in his Office sun
days on property sold on contract.
Tile pockets of his clothing had been
pulled out and some small change
scattered about the floor.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1916-10-09
OCTOBER.
\ MONTH FOR SAVING

Money deposited i'm the savings de-
partmeut of the Union Trust Com
pany by October 10th will bear in
terest from october 1st at 4 per cent.
The Union Trust Company is now
at home in its new building.
Corner Of Michigan and Jefferson.
Advt.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1916-10-09

oUsly Cook and stevens in black
face and Chinaman act provide a
few tlaughs and Santos and Hayes.
the girls with the funny figures got
a lot OF applause. one Of the MEM
hers of the act is exceptionally fat
and the way she pokes fun az her
self seemed 20 make a hit.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1916-10-09
AT THE OLIVER

Where the Rooster Crows was
presented last night at the Oliver to
fair house. All the elements of
good show seemed present i'm the
play but the performance last night
could only be called mediocre
South Bend news-times. (South Bend, Ind.) 1913-1938, 1916-10-09

Or. Chaffee. diseases of women
Office 81 Portage av.-Advt.
DR. PaXson. dentist, Farmers Trust
-Advt
South Bend news-times. (South Bend, Ind.) 1913-1938, 1916-10-09

Chicken supper. Grace NJ. f.
church. Tuesday evening oct. 10th
% ents-Advt
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1916-06-22
JUSTICE Wilder
CALLS CHICAGO
Meeting TAME
Former Judge Says That ABB
sence of Excitement Marked
Republican Convention

ct was tame affair. that Repub.
lican convention at Chicago. The lead.
eTs had it well in hand all the time
and there was more excitement In the
galleries than among the delegates,
said Judge A. A. Wilder today. He
returned last night on the Matsonia.
after a trip to Washington on legal
business. The Judge stopped in Chi
cage to see the G.. o. P.'s convention
and left the night before Hughes was
nominated
y. Wesley Thompson's appoint.
ment as Hawaii third circuit Judge
was confirmed while ] was in Wash
ington, added Judge Wilder. when
] was there the general opinion was
that the Mexican situation would
soon smooth over, but it now doesn't
look that way at all. Judge Wilder
has been away some time: He said
he learned nothing new about Homo
lulu's federal building. or the Ha.
waiian political situation while In
the capital.
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1916-06-22
ENTHUSIASTIC ANGLER
WILL Enjoy SPORT
WITH BROTHER HERE

VIM. B. Sharp. brother of Raymer
Sharp, special deputy customs collect.
or, with his wife and child, arrived on
the Matsonia Fast night and is stop
ping at the Pieasanton hotel. Sharp,
who is.a retired attorney of San Fran
cisco, expects to remain on the Is
lands several months He is very
enthusiastic fisherman and hunter.
having brought to gaff many record
fish, and will spend aslarge part of
his time here fishing for the many
game fish which abound in the waters
about the islands. The dove season
opens next month and he also expects
to make several trips after. them.
Raymer Sharp. special deputy Gus
toms collector of Honolulu, will take
his vacation during July and will
spend his time showing his brother,
VIM. B. SESrp, who is here on visit,
about the islands. ~
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1916-06-22
KAlMUkI RECRUITS
VISIT FORT RUGER
TO SEE GUN DRILL

The Kaimuld section Of the Coast
Artillery, National Guard, visited Fort
Ruger yesterday evening. About 80
men were. present witnessing the drill
of the regular army men at the big II
inch mGrtars and were shown over the
fort by hon-comnissioned officers de-
tailed for that purpose.
Arrangements have been made for
the new coast defense men to drill
with the regulars next Wednesday
evening at $50, and it is expected
that each man of the 90 present last
evening will be on hand. and bring
with him at least one other man who
is ready and willing to sign up. Al
recruiting officer will be on hand to
enlist the new men.
Anyone interested in the raising of
this new company may communicate
with Capt. G. X. harrison, Room 20,
Kapiolani building, telephone 1862.
Regular army non-commissioned
officers will be detailed as instruct
ors for the National sGuardsmen.
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1916-06-22
NEWCOMB FINDS
/ HAWAII GROWING
in POPULARITY

everybody met was interested in
Hawaii. and SO per cent wanted to
know II they could get job in the
islands. The cafes in Chicago. st.
Louis and Cincinatni are all playing
Aloha De. and people applaud the song
as they do when Dixie is played" said
Harry B. Newcomb today Newcomb
and his bride returned last evening on
the Matsonia.
In the music stores of the Middle
West they are selling many copies OF
Aloha Oe, the Old Plantation and On
the Beach at Waikiki" he added.
Newcomb and his bride, who was
Miss Emily Gruesser Of Ayondale. a
suburb Of Cincinnati, were married
May is in the OHIO city. Mrs. New.
comb is daughter of Mr. and Mrs.
Henry Gruesser Her father is. q
prominent Cincinnati business man.
Mr.. and Mrs. Newconh will make
their home at Royal Grove. Waikiki
where Newcomb has built handsome
bungalows.
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1916-06-22
ALL APPLICANTS
gain LICENSES
TO SELLLIQUOR
Protests of Anti Saloon League
Heard But No Changes Are
Made BY Commission

Every application for renewal Of
liquor licenses which was submitted
| to the board Of license commissioners
| in their annual meeting late yester
day afternoon was granted, notwith
standing protests made by the Anti
Saloon League The action of the
board settled all saloon matters 10.
the ensuing year
There were SO licenses renewed.
For selling type" liquors Gonslaves
was ordered to close for three days;
Sumida & Co., two days; McTighe &
Co., one day, and Patrick F.. Ryan, one
day.
George w. Patty, secretary Of the
Anti-Saloon League, and Pastor d. c.
Peters spoke TO the board against
renewing the license for Heinie's Tay.
ern, claiming It did not have the neces-
sary Endorsement OF property holders
in that vicinity, and also spoke against
the granting OF special privileges to
hotels and cafes to sell liquor from
1880 p. m. the regular closing time
for saloons, until q. m.
It's all ended for another year,
said Patty this morning. We didn't
believe our efforts with. the board
would be successful, but we felt we
should voice formal objection
Renewed licenses are as follows:
Wholesale--W. G. Peacock 4 Co.,
Wing Chong Lung Company. Seattle
Brewing and Mailing Company, 7. SUI.
mida & Co, s. Kimura & Co, Loyejoy
4 Co., Yamasaki, H. Hackfeld & Co.,
Dias & Monk, Wing Won Tai Conn
pany, r A. Schaefer e Co, Wwong
Chung Lung, S. 0zalxi, H. r. Macfar.
..ane. Hoffschlaeger & Co., J. c. Cohen.
Rosa 4 Co.
Hotels Heinie's Tavern, Oahu Rail.
way and Land Company, Alexander
Young Hotel. Moana. Seaside.
Saloon licenses-C. A. Peacock,
Manuel Andrade, John S. ellis and
John Bucklay., Charles Lambert, Ed.
ward Lawrence Smith, Frederick Paul
johnson, All Choa, Isaac L. Cockett,
Choy An, Leong Yau ct al, d. Maya
tani, Y. Tasaki, E. s. Cunha, Manuel
G. Silva James p. Thompson, II MUIR
aoka, F. F. Ryan. George J Wond. VIII.
e. McT3ghe, Seeley !. Shaw, John c.
Teixeifa, Jf.. Sadayasu, Jose Quintal,
Mrs. Flora n Niles. :.
Restauranfs--Lee Chong, Mrs. b.
Klemme. George Eycurgus, J. Wishard
The meeting was q very crowded
one at the start The members pres
ent, In addition to Chairman F.. D.
were &c. Carter; r.. Al. Cooke;
ysnslltssH1snd Secretary Earios A.
Long. License Inspector Fennell was
also in attendance. but had not much
to do, as his recommendations were.
passed without question and none, OF
his reports were disputed. &
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1916-06-22

POLICE NOTES

Kim VAN Sam Korean, was be.
fore Judge Monsarrat this morning
charged with selling liquor in upper
Nuuanu without license His case
was postponed until tomorrow by re,
quest of his counsel, Attorney VIII,
liam J.. Sheldon - &
Kim was arrested last night. by
Mounted Policeman r. NJ Kanealii
who says he was selling drinks to
street laborers.
Jim Collins pleaded guilty in po'
lice court this morning to reckless
driving on June II near the corner OF
Fort and Hotel streets and paid a
$25 fine. He was originally arraigned
on a more serious charge OF driving
an auto while under the influence OF
liquor and pleaded not guilty., but the
charge was reduced this morning up,
on recommendation of Prosecuting At.
torney Chillingworth
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1916-06-22
HALF Still Owe
FOR LUS|TANA
IMPROVEMENTS


Tomorrow is the last day for the
payment OF assessments for the Lusi.
tana improvement project and but %
OF the S. owners in the district had
paid their tax at noon.
There is $l0,022.39 due from private
property owners in the district. the
territory and municipality paying the
greater part Of the cost Of the work.
OF this, but $463.OS has been paid.
Property owners have their choice of
paying all Of their assessment or the
first of ten instruments.
Unless every one of the 30 who
have not yet paid come into the tax
assessors office before tomorrow
night / will have number of notices
of sale posted along Lusitana street
Saturday, xaid A. NJ. Cristy, deputy
city attorney, this afternoon.
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1916-06-22
UKULELE MOST POPULAR
INSTRUMENT UPON COAST

Nearly every schoolgirl in Berke.
ley owns q Hawaiian uknlele this
summer. according to Edward W.
Hulse, business man Of that city and
San Francisco, who Is visiting in
Honolulu today. having arrived last
night on the Matsonia.
The children parade around In
Claremont Park every evening with
Ikuleles. singing. and the air is filled
with the music made by them he OBJ
served Nearly all the young people
in Berkeley seem to own ukuleles. !"
Hulse Is in the islands for the fifth
time. On his return to the mainland
in January on the Wilhelmina he
wrote a graceful verse tribute to Ha-
wall
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1916-06-22

The directors of the +. Nv. Wool-
worth company increased the quart
erly dividend to common stockholders
from / "a to per cent.
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1916-06-22
MUCHCOMMENDED
BY Committee
VISITING DAIRY
Causes for Complaint Of City
Physician Are Minimized in
Typewriter Report 81.

=. g. s
In written report to the board of
supervisors. signed by w. NJ. AHA. F.
II. Hatch and Daniel Logangt health
committee OF the supervisors considers
the objection of the city and county
physician TO the granting Of a license
to the Territorial Dairy, frequently re-
ferred to as the Farm cornn Dairy,
and so mentioned in the report
Relative to the complaints made by
DR.. Wayson the report says: with
reference to the location in resi-
dence section we find that the site
was approved by the board OF health;
also that no complaint against the
dairy has been made by residents OF
the section. Therefore We consider
that this ground for complaint is not
well taken.
sanitary condition, and the stalls
fioored with concrete, fairly clean. Mr..
Cornn's description OF his methods Of
milking and handling the milk for Gus
toners satisfied us that no complaint
was due in that regard. Your com
mittee Is informed that the milk from
this dairy has always been found
clean and up to the standard by the
board Of health pure food inspec-
tors.
"The buildings had been newly
whitewashed. DR.. Wayson admitting
the Improvement in that respect.
Regarding the complaint about. a.
muddy paddock, we could not say the
condition Is insanitary, especially as
the cows are well groomed before
milking
The committee recommends that a
horse stable away from but to wind.
ward OF the COW barn be cleaned, say
ing there is room for Improvement
there
That modern closet and covered
cesspool replace present conditions
This is at a point away from and
below the COW yards and barn 50
that they do not now drain into the
dairy quarters. .,ss,e q 80, 80 I.
caretakers cottage, also away
from COW yards and barn should be
repaired and all rotten Wood. should
be cleaned away and platform and
buildings made between buildings 4
Supervisor Logan toldsa represen-
tative of the Start Bulletin that the
cows were carefully washed and
brushed before milking that the milk.
ing vessels were modern and sanitary
in type and that il was apparent the
proprietor was seeking StaIlhaye. the
dairy proper and itsc Dntput cleanly
and sanitary. as9sss seages
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1916-06-22

Output of the Rand gold mines dur
ing March totalled 10000 ounces.
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1916-06-22

Mrs. Anna Pouder of Baltimore cele
hrated her 109th birthday. .
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1916-06-22

William E. Luke, aged "a. OF Brook.
lyn, civil engineer. employed by the
Central Railroad of New Jersey, died
at Allentown, Pa. of injuries received
when he was stabbed at South Bethle-
hem on March IL after an argument
over the possession of seat
Harris johnson, 1O1, oldest Elk in
the United States. is dead at Colurn.
bia, Miss.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1916-11-28
BARRING OF ENVOY
MAY NOT BE FINAL
Safe Conduct Likely to Be Given
Austrian ir u. S. Asks
Formally
LONDON A BIT FESTIVE
Considers T6uton Diplomats Have Been
Unneutrally Active
Here

WASHINGTON, Nov, 2s.-England's re-
fusal to permit passage Of the new Aus
trian Ambassador to the United States
Count TarnowslSi, probably is not final, the
British Embassy said today. officials
there pointed out that the United States
had not asked for Tarnowski's safe con-
duct and therefore Englands action is
not a direct refusal to heed this Govern
ments wishes.
1t was pointed out that England permit
ted passage of German Ambassador Won
Bernstorff, who was in Germany at the out
break of the war. The impression was
given that the British Foreign Obce wishes
the State Department to make a formal re-
quest for Count Tarnowski's safe conduct
Such action would. in the opinion of the
British Government more surely obligate
the United States to guarantee the good
behavior" of the new Ambassador.
This is in line with the Foreign Office
explanation of its position in the matter.
The British Government, 1t Is understood,
has not been satisfied with the efforts of
the United States to maintain it's neu-
trality" with respect to the activities here
of Central Power diplomats.
1t Is understood England's earnestness to
impress this upon the United States Is at
least partly responsible for the present &C.
tion in the TarnowsSi case.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1916-11-28
TENNIS STARS TO SAIL
Church and Throckmorton Depart for
the Orient Thanksgiving Day

VANCOUVER. b, c., Nov 2S-George NJ.
Church, of Tenafly, N j., and Harold
Throckmorton, OF New York, win sail from
this port Thanksgiving on board the Empress
of Russia for Manila, where they will
participate in the Manila tennis tourney.
From this city they viii journey to Japan
where they will enter the championship
tournament.
other passengers on the Empress of
Russia will be Bishop ]. L. Robinson and
wife. of New York; Mr. and Mrs G.. d.
Pitsipieo, of the II. r. Nj. Consulate at
Swatow, China II, S, Harmon and b S.
Chapman, of the Standard OIL Company,
and C. J. clifford, OF the National City Bank
of New York.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1916-11-28
15-YEAR- OLD GIRL
THANKSGIVING BRIDE
Rush for Marriage Licenses
Breaks the Record at
City Hall

A ffteen.year-old girl, Agnes C. Varey.
$3.50 South Alder street. was one of the
many persons who obtained marriage H.
censes today. She will marry Elmer Nor
lock; twenty-one years old, "A sailor on the
United States steamship Dixie, now sta
toned at League Island.
The Thanksgiving rush for licenses con-
tinued today. More than sixty had been
issued by noon. Yesterday 144 were issued
breaking the record for any one day.
Among the licenses granted was one to
Jacob Solls-Cohen, Jr., 2l15 Chestnut street,
and Marion G. Labe, 1927 Green street,
Cohen, a real estate man, Is twenty-six
years years old, and Miss LRbe, whose
father Ia a tobacco importer Is twenty-one.
license was issued to DIR. Howard ID.
Geisler. 35 High street, and Eleanor Y,
Writ. sos East Washington lane, daughter
of Charles Writ. Doctor Geisler is thirty
nine years old and his prospective bride Is
twsnty-nine. They viii be married by the
Rev. Charles Fischer.
Licenses issued we're:
Alexander Thompson, 1929 nth st.. and
anne FsnnFsn ssoe HSy' @ ss8seant st. and
MSES6Te5 H9f sa faSa aDSn Srston st an6 G c.royn.
Elmer aTeRRsR gSss 2o34 s iith St. and Marie
George IL MASON; i7l5 Tasker st., and Matte
DsYtoR % f. Ca rsrdsii iif 5000 Chester ave. and
Ed@ard ri kaRs kkgSy ios 1873 MoTaan st. and Helen
Warren 2O2f Snyder ave.
fffen irene Alien. s2bs n. Carlisle ST
nsiI and catharins j. Lyons, 2sOa S, HSmbsrser
Edwsrd A. llimyeTl iI6s N Howard ST., and
raa%ss Ms MsSf lf Sli 4 Aspen ss' a st. and Helen NJ
cletas s. porheT ls4i Mellon ST., and Mae A.
Lauek, 1909 n. Jessup 81
Tyeka lawseka. 4ii2 Wayne ave.
Aloysius j. MeEiyan, 1852. n. 54th ST.. and
Maysa Esspb 't Sf SoPrs st st. and Sophia
william II Marray 1885 n. Alder ST.. and
Joannsa, AeNultg sis n 4st5 st. v,ois,
aF6Fsf s. sRsineats s'so 5oqa ni!inh'm e. fa anu 'os
OTTO w EarT aa is9s E.5ss5pla ST. and Lucy
ASseksn.p .pal,t ssI syd9RsSgg 6 6 n,n.,. st. and
Anna M 5ssEsr ., l?as NJ Iis HoEs s' ana bridge,
asioPs, Ss6 Ss!soaa, a "a i9srv
MshaSI Pgg gso5 2i4 lSts 1ssharns a st. and Mary
Charles : Il T. Laws, Ss i26l Alter ST., and Margaret
Robert e niiii Hsiisnd sis $ isth st.. and Sarah
Timot6g g'sts0p B. dslSs6sr iS S IBIS Porter ST. and
MaTsarst N. Filzmagrice. 1855 waysrly st
oheEissl ehsflotls 81. W6i5s 1.-The siiysT n.
''Ih X arossaaa 8 sasaa ssiss NoFWood s.
Leon 2. FuEasr; s4e = ciearneid ST. and Irene
Al5srt p. Ahisfsssa Eewtown. Pa. and Jeane
r Buck 4eoT Paul 81
d caiiashsf iTo2 81 Paul 81.
John McFeeters. 2AIa 8. 9Th ST, ana odna
ii Burkey. 1924 S. 10Th 81.
John A. Mushlberger Banalo. n r. and Eva
M. AicCaliister, 93se foeqm st.
John Rundgran, 1885 n 10Th a.. ana Sophie
esa'Tiss ii 's1ssri jf z0T " Indiana ave-
and susenls 8. Toang 2l9s y, Fairhnl ~
Easrwood ASS NJ lIth 81
a-9T1ss ssias : Rsss6sr. Iiss qgssawsy ave.
Efnasl r. unIafhueheE, 1928 Porter a. and
Anna 3. GHaunefH. zlz41 3. AhzH at
JaEasa aalsissey. ehszten Pa. ana A4f-
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1916-11-28
LANSING ALSO AGAINST
MORE LOANS TO ALLIES
Secretary of State Fully APP
Proves Warning Issued by
Reserve Board
READY TO MEET PROTEST
Prepared to Answer Entente Argument
That Interference Is I'm
proper Act

WASHINGTON, Nov. 2S.-The State De-
partment is ready to back up the Federal
Reserve Board in the warning to banks
of the United States not to purchase secu-
rifles of belligerent nations. It was an
nounced today. The warning was issued
with the full approval of Secretary of
state Lansing. who is prepared to refute
the anticipated claim of the Entente AL
lies that such a stand is improper.
Safety for America, Americans and their
money lies behind the Federal Reserve
Board warning against undue loan expan-
sion secured by foreign treasury bills, ex-
perts held. And some said, n possibility
OF unsettled conditions ahead was the i'm
mediate reason for the warning. Many
read into the board statement an actual APP
prehension as to the outcome of enormous
financing of the Allies. especially in view
OF the possibility that they are biting off
more than they can chew"
DISCLAIMER BY BOARD
The board, however, disclalmed any in
tent of rejecting on or discouraging the
status of foreign nations involved Its sole
idea said the statement is to keep Americas
funds liquid and to avoid tying UP funds
through the purchase of foreign treasury
bills under ong-term obligations.
'"rhe board deems 1t it's duty to caution
member banks that 1t does not regard il
in the interest of the country at this time"
said the statement, that they invest in
foreign bills of this character"
LOOKING INTO FUTURE
And as to the more basic nature of the
case, the statement added:
In tho opinion of the board, It is the
duty of our banks to remain LIQUID in
order that they may be able to continue
to respond to our home requirements, the
nature and scope of which none can fore
see and in order that our present economic
and financial strength may be maintained
when. at the end of the war, we shall wish
to do our full share in the work of inter
national reconstruction and DEVELOPMENT
which will then lie ahead of us, and when
a clearer understanding of economic con-
dtions, as they will then exist, will en-
able this country more safely and intelli-
gently to do its proper part in the financial
rehabilitation of the world"
The order was taken as a reply to the
house of Morgan for approval of loans con-
templated under the Treasury bills method