davidaulloa/AmericanStories huggingface dataset:
South Bend news-times. (South Bend, Ind.) 1913-1938, 1916-09-29
THE FEDERAL RESERVE ACT AND THE
ALDRICH MONETARY SYSTEM

While the republican party as an organization did
dare federal act in its platform at
Chicago and while few responsible public men in the
party have veutured the republican
candidate for president adjust himself to an
awkward situation by claiming credit for this great
constructive legislation Hughes not willing to
pute any degree of righteousness to the democratic
party albeit he knows OF that congress demo-
cratic in passed the federal act
and democratic president not only approved it, but
ed for it,
I'm his speech at indianapolis the republican candi-
date asserted was through republican efforts
and under republican commission that the founda-
tions were laid for system. He de
clared that without assistance given by the
pubcans through their commission and their proposed
legislative action. the reserve would be nothing
at an"
We are unable to conjecture exactly how much Mr.
Hughes knows about federal legislation banking and
currency Matters hence cannot tell whether in this
campaign he giving his conceptions of the fed
eral reserve system merely repeating the mum
mery OF his congressional tomtts. we know
that Mr. Hughes should know that the plan of bank
ing and currency proposed the Aldrich
etary commission is as different the federal
serve system put effect los this democratic admin
istration day different from night The Aldrich
scheme was for a central bank. and operated and
exclusively controlled by bankers for bankers, into
whose hands was 10 be committed for an apparent
period hfty years but really al time monopoly
of currency credit of the United States en-
pressly contrary this conception the federal reserve
system provides regional bankers. which enectualy
break monopoly both currency issues credits
The whole system being committed 10 the supervising
control OF central Washington representing
the people of United and a select group
OF great bankers.
As 90 the indebtedness OF democratic congress and
democratic administration republican party for
the basic ideas of the federal reserve system we are
content set over Hughes superficial as
sertions the deliberate statements chairman
the barking and currency committee the house Of
Representatives We told that Glass personally
scrutnzed every sentence of federal reserve act
fronr inception the moment passage and
Us participant very discussion affecting any pro-
vision of the act Speaking in the house recently MI
Glass made the unchaHc-.eed assertion that
THE Aldrich monetary commission bIazed no
way and furnished no pattern for banking and
currency reform under the Wilson administra-
tion The monetary commission cost the gov
eminent nearly S300.0o0-the exact amount be-
iD~ ses7.25s.a5-and delayed the enactment
of comprehensive banking and currency legis-
lation for i've years a half
"Of the expenditure indicated $I0e.367.37
was spent % asseuIHline "a library of tUenty-six
volumes OF twelve thousand pages and in pro-
curing monographs from various persons hav-
inE more OF less familiarity with economics.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1916-09-29

The library may be useful to philosophers and
monetary historians, and the monographs may
be interesting TO those who have time TO spend
in the cloister, but venture nothing in saying
that not one volume of the costly library nor
essay among the expensive monographs
essential TO the work Of preparing or
enacting legislation for the reformation OF the
banking and currency system Of the United
states. Every. work the library thus as
sembled which could in any practical sense be
utilized in the fabrication OF a banking
currency bill such the monetary commission
proposed or such as the congress subsequently
passed. readily accessible. without
penny's charge any member OF the commits
sion or to any member Of congress interested
in the subject"
on this point before the American Bankers
association Mr.. Glass said:
The house bill was based exhaustive hearings
before subcommittee the sxty-second congress and
the house banking and currency committee of the
sxty-third congress When began frame the bill
its testimony Of nearly every business
group in America. submitted by its intelligent rep
resentatves 1t had the testimony of American bank
big little, the person of like Hepburn
Forgan. Warburg Reynolds. Wexler. Hubert, Wade
Frame others; currency experts like Morawetz
Hadley. Sprague. Laughlin Meeker Fisher and Fowler
credit like Endy, Tregoe Joyce and Orr; farmers
like Barrett Greasy. Brooks and others; merchants
manufacturers laboring men, actuares and other
classes In short. committee had at its i'm
mediate service testimony so varied and vouminous
hat digest it all. half be
an uncomfortable physical and metaphysical task 1t
upon this testimony the house bill was passed"
Aside from this, Mr. Glass points that Mr.. AID
rich himself assaed with bitterness generally
and in detail every essential provision federal
reserve stands today" Thus concusivey DEM
onstrating the absurdty claim now echoed
by Mr. Hughes, that was based on the Aldrich
monetary report.
Besides, If Mr.. Hughes party felt proud the Aid
rich monetary report and the Aldrch bank bill why
did it refuse TO ndorse either national platform
in 1912, when the democratic party openly repudiated
the whole Aldrich scheme and when the progressive
party, headed by Roosevelt denounced it as a plan Ito
place the currency the United States in
private hands?"
Moreover, and finally if this Aldrich bonetary report
and bank bill-whch Mr.. Hughes loudly procaims
as a republican scheme-furnished The foundations
for the federal system" why every republ
can senator three together of
the republican representatives in congress against
the federal reserve act? If the was based re
publican foundations why did the republican party
bitterly resist its passage? Is il possible that Mr..
Hughes cannot that somebody is causing him TO
make a spectacle OF himself?
South Bend news-times. (South Bend, Ind.) 1913-1938, 1916-09-29

Again. what would YOU have done. Alr Hughes that
Wilson has not done what would you have left
undone that Wilson has done? And what has Wilson
done that YOU would have done otherwise And as 10
things that YOU would have done otherwise please state
precisely the manner the method that YOU would
have selected
South Bend news-times. (South Bend, Ind.) 1913-1938, 1916-09-29
K ern is Praised
For Getting Child
LdborActPassed

In a letter addressed 20 Sen. John
Worth Kern by Edward Heating.
congressman from the third Colo
RADIO district and author OF the child
labor bill recently enacted by con-
gress. Congressman Heating says
among other things
i am about TO leave Washing
ton for the west. but I cannot 20
without expressing TO you my deep
appreciation OF the generous as
sistance YOU gave me during the
long. hard struggle which culminat-
ed in the enactment Of the federal
child labor bill.
There were times when .the out
look seemed mighty dark. but 1
could always turn TO you for counsel
and encouragement
ITO you belongs whatever Of hon
or and glory may attach 10 the
passage OF this legislation. You
never wavered. and fought in eau
Gus and on the floor of the senate,
earnestly, intelligently. and unyield-
ingly.
Frankly your conduct did not
surprise me- While / was gratitied,
was not amazed. Those of us who
have followed your long and honor
able career always expect TO find
YOU battling for the just cause, and
we are never disappointed"
South Bend news-times. (South Bend, Ind.) 1913-1938, 1916-09-29

AS compared with one year this month, steel
orders have increased per cars have
decreased 95.9 per cent This despite the Herculean
efforts Of Hughes and the reactionary old Guard 10 Kill
prosperity fo= their own partisan purposes
South Bend news-times. (South Bend, Ind.) 1913-1938, 1916-09-29
Is \ FIIVNER \ LIVERY
UACnNo

Yankee Doodle came TO town
A-ridin' i'm a fiiVVer,
He liked the jOIting up and down
Because il helped his liver.
u. VI. L.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1916-09-29
ADyERTIsING RATS:

ADVERTISING RATES: ask the advertising department
WOODMAN - Fifth Av.. New York City and Adv Bldg
Chicago NewTmes endeavOr TO keep It's advertising
Any
lefrluded through patronage any this
paper confer favor by reporting the
completely.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1916-09-29

At above numbers and asa Tor
department vantcd-EloraL Adyertisiug ,lFeu4tlo or
D. % no the telephone
directory. insertion Report natten
delivery
telephone service ETC. to head department with which you
dealing trunk uues al
wa respond 90 1lJ1 and Bell Zoo
South Bend news-times. (South Bend, Ind.) 1913-1938, 1916-09-29

SUBSCRIPTION Morning and Evening Editions,
single Copy zc SUNDAY. Morning Evening Edition
daily including MALL 500 year in advance
Delivered by south Bend aud Ahshawaka 500 per
year IN advance. 12c by The week
South Bend news-times. (South Bend, Ind.) 1913-1938, 1916-09-29

There are spiders in Java which
make webs so strong that it requires
q knife 10 sever them.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1916-09-29

O.
We Adore En-.
To The Melting Pot-DOn't YOU
just love those south Bend street
car conductors who block your en-
trance with their handsome persons
while YOU FISH for your nickle on a
rainy day? -VictOrine.
AND. Vic, we also just worship
those dear mOtormen who manage
- stop the car conveniently 70 the
cutest little mud puddle in the
world.
GEMS OF YESTERYEAR.
Marcus Aurelius said The hap
piness of your life depends upon the
quality of your thoughts"
o.
HOW HE KNEW.
Il can't afford an autO;"-
But don't you own one. JOe?'
"Oh, yes. I've had one for a year.
That's how I ought to know
"AnaXimenes, ancient Grecian
philosopher. was the originator of
the theory that everything was made
South Bend news-times. (South Bend, Ind.) 1913-1938, 1916-09-29

The American First" campaign
conducted by the United States
bureau of education, having for its
object the teaching of the English
language 10 citizens Of foreign
birth. has been begun i'm Indian
apolis This American First" cam
paign began Sept LIST in all parts
of the nation. Its purpose is TO en-
courage the opening Of night schools
or whatever methods may best meet
the needs Of each community with
the idea Of teaching all foreigners
OF whatever nationality to speak
and use the American language.
There is no better method. as the
Wilson administration has cOnsid-
cred il. Of making good Americans
of our cosmopolitan population. The
common schools Will largely take
care of the new generation and the
American First" plan is designed TO
reach adults and those beyond
school age. II is the first time the
government of the United States
has ever undertaken this progress
sive move. II is estimated that there
are probably three thousand in In
dianapolis who do not speak the
English language. In some cities of
the state there is a larger percent
age. There are over 100000 such in
Chicago.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1916-09-29

According 10 the Railway Age
Gazette, the total operative revenues
of railroads during the fiscal year of
1915 amounted to $3.396.SOS,234. an
average of SASS per mile. Operat-
ing expenses were 80, 220,004 ,233 or
1854 per mile and net revenue
was s1.176.SO4.OO1 or $5.134 per
mile. Compared with the fiscal year
of 1915. the current year shows an
increase in operating revenues of
$59S,359.921 or 16.9 percent per
mile. The net operating revenue
cost was $315.521, 52S or 364 per
cent per mile. Has Candidate Hughes
so soon forgotten that we live in a
fools paradise ?" He should read
these figures and revive the issue.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1916-09-29

Differences. between what Mr.
Hughes and his followers call labor
legislation and the old republican
brand of legislation for the big in
tereStS. is that the so-called labor
legislation benefits every man. wom-
an. and child employed or depen-
dent upon salary or wage earners
or on the earnings of business en-
terprise outside Of Wall St This
is theesort Of legislation in which
the democrats have been interested
while in office Legislation for the
big interests the sort that Jim
Watson. and Jim Hemenway. and
their associates in office have al
ways given for the support of the
republican campaign funds and
something to pay politicians for
their services both in and out OF Of
fee. robbing the masses of the peO-
pie to pay these demands.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1916-09-29

THE NEWS-TIMES PRINTING COMPANY
Onice: 20 W. Colfax Av. ~
Home Fhoue Dell fhohe -'oO
South Bend news-times. (South Bend, Ind.) 1913-1938, 1916-09-29

The republican orators and pub
licity promoters are overlooking
something. A short while ago they
were making an issue OF the fact
that Henry Lane Wilson had lost his
Job in Mexico after Woodrow Wilson
became president. Since Henry Lane
Wilson organized his partisan
Hughes league" and commenced
making speeches in Indiana for the
republican ticket. he seems TO have
moved out of the limelight Better
dig up some other republican who
lost his job under the democratic
administration. They might find one
or two if they look around.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1916-09-29

Where is the Beveridge OF old p
Indiana has always been his favor
lite lighting ground. If ne was on
the Hughes train campaigning In
diana. the newspapers forgot to tell
us about IT, Surely he must be COM
ing 10 Indiana TO help elect his dear
friends. Charlie Fairbanks. jim
Watson. Harry New. anu Jim Good
rich and 10 help place his other
dear brothers. Jim Hemenway. Joe
Healing. and lobe Hert securely
in the saddle as republican bosses.
People Of Indiana have been wait
ing anxiously for the announcement
OF the dates on which Mr.. Beveridge
will speak in Indiana. The nearest
bit of information on this subject
has been that he will speak in Chi
cago sometime in the near future
and from there will make a bee-line
for the Pacific coast.
The republican press agents tell
as he is too busy writing the life
OF CHIEF Justice Marshall 10 come
10 Indiana for any speeches Every
body knows that Albert jeremiah is
on fire with "A desire 10 help his
old friends In Indiana and they are
sympathizing fully with him that ne
is so awfully busy when any In
diana dates are mentioned.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1916-09-29

Are you registered Is your neigh
Valdez daily prospector., 1916-11-28
Interior Trail Conditions.

Interior Trail Conditions.
 Valdez, Alaska, Nov. 28, 1916.
 Fairbanks, -15, 1 inch of snow; clear, calm.
 Salcha, -1S, 1 inch of snow; clear, calm, trail fair; mail north 2:20 p. m.; south 3:20 p. m.
 Richardson, -15; cloudy calm trail bare.
 McCarty, -16, inch of snow: cloudy, calm, trail good. Donnelly, Ill, inches of snow; cloudy, calm, trail good, mail south |2:15 p. m.: north mail left Rapids s a. m.
 McCallum, 20, 6 inches of snow: |cloudy. calm, trail fair; N. c. stage and Sheldon stage south 1 p. n. Paxson, 10, 10 inches of snow: cloudy. calm. north and south mai fby; sheldon's double enders ali out lat q, m '@- '@ .... -,,, Hogan, -, s inches of snow; Icloudy. calm, trail fair: north stage by 8 a. m. | Gulkana, -1S. 2 inches of snow; cloudy. calm. trail fair. warren's team north 2 .. m. Copper Center. -15.3 inches of snow; cloudy, calm, trail fair. Tonsina, -, inches of snow: cloudy. calm, trail fair. TeikheN, -4, 10 inches of snow: cloudy. light wind, trail drifted; no travel.
 Summit, -2, 38 inches of snow; cloudy, strong north wind, trail good, north: drifted south; two mushers south 3:30 p. m. f'' wortman's, 10. cloudy, calm. trail lfSugh and bare,- Howbottbm departed north 2 a. m. Loder and Rudides de- parted south 7:30 a. m.; two mush- ers south 2 a. m.
Valdez daily prospector., 1916-11-28
WOULD DIVIDE THE TERRITORY
wICKERsHAM FATHERS MOVE
Says He Is Prepared to Introduce a Bill in Congress Per- hitting the First Division to Be- come a Separate Territory.

A complete form of territorial gov ernment for the first judicial division of Alaska to be known as the Terri tory of Seward.
 Delegate Wickersham is preparing to introduce such a bill in congress provided the people of the first judi- cial division will enforce it as . non, partisan measure. Also the move- ment must not only have; the indorse-, ment of the press of southeast Aissks but the municipal government AesdG' is the opinion of Delegate. Wicker. sham expressed in June9u yesterday, says the Juneau Dispatch. .':: ;'E''
 Delegate Wickersham sent wire to Juneau during his campaign in. dorsing this move. He is now will ing to make good provided he can have the support of both democrats and republicans in this division, Del- egate Wickersham does not want the issue to be made political one. and result in defeat for that reason.
 Two propositions have been under discussion. One was the creating of two delegate divisions in Alaska and the election of two delegates to Con- gress. The other is the cutting of the first division from the Territory of Alaska, remaining it. and giving 1t separate territorial form of severn ment. The latter is being generally indorsed as a non-partisan movement in which all citizens can join.
 The movement starts first with an invitation t" the press of southeast ern Alaska to discuss it with a view of ascertaining sentiment for it in different localities. The second will be the calling of a convention at Ju- |neau in January to be attended by the mayor of every municipality in the first division to draft the petition to Congress. The third move will be the ratification of the petition by the next territorial legislature.
 Discussing the matter with the Dis patch yesterday Delegate Wickershan said he heartily favored such a move, provided it was backed by the people of the first division. "I am not sup porting 1t to advance any political as- pirations of my own," said Delegate Wickersham. of I am defeated for delegate when the official count is fin- ished I would not be a candidate for delegate again. promised to sup port such a measure if 1t was the wish of the people of the first division and will do so.
 Wherever the Dispatch has heard the matter discussed it has created a favorable impression. The movement will take both time and effort and clubs should be formed all over ths first division to push the matter. In the meantime the newspapers of. the first division are asked to diacnss .slyt t edttorially. ,@r.". ";t t.. N ,<., ., : The creation of. the new territory would give . new set of federal and territorial officials. The present ter ritorial of{ices of attorney general and treasurer would be removed t1 the new capitol: of the cid territory In their place would be elected new officials. The federal courts and the other federal officials would remain in new territory. .
Valdez daily prospector., 1916-11-28
Sealshipt Oysters.

Sealshipt Oysters.
 Fresh Sealshipt Oysters in bulk. New York Counts and Selects. Olym- pfa Oysters in pint cans. Oyster Cock tai1s 1Hd Crab Cocktails. Quality Firsf and Purity Always .at.L.ose- Whitley Co.'S. .a'H k.l2-l-
Valdez daily prospector., 1916-11-28

Sec Marcus Aissick, ladies' and gents tailor, up-to-date fur remodel ing. cleaning, pressing and altera- tions. Guarantee perfect satisfac- ton. Next to Senate saloon. If
Valdez daily prospector., 1916-11-28

Something new. Loganberry Phos- phate. Candy Kitchen. If
 Just Reoeived-the latest Popular Songs and Music. Valdez Drug Co. If
 Anything in nugget and ivory jew eIry at Valdez Drug Co. ""
 Banquet Stsei tanges. plain and polished tops, at 1ead's. N
 Just received. . now hne of Toilet Wa4erv and Perfumes. Owl Drug Co.
 An 1p-to-date tns of cook stoves and ranges at Nead's. If
 Hand laaalzy: PAsas si NcKisls; n. If
Valdez daily prospector., 1916-11-28

Fistzrss 6svssoDaa q me vHsass DruS osu19V. c
Valdez daily prospector., 1916-11-28

Your picture will please the folks at home better than anything you can send them. Jenner the photographer
 If
Valdez daily prospector., 1916-11-28

Try the Cottage Dining Noom for il good hone-cooked meals. Hrs. V.
 Rurker. Phone 13i. If
Valdez daily prospector., 1916-11-28

For steim heatsd rooms oema to
 th0 oo16on North. If
Valdez daily prospector., 1916-11-28

Furnished rooms at Mrs osland's Prices reasonable.
Valdez daily prospector., 1916-11-28

Phon0 l0
 Sonnie's New and Second Hand Store. Highest prices paid. If
Valdez daily prospector., 1916-11-28
Announcement.

Announcement.
 The Woman's Auxiliary, Pioneers of Alaska, announce dance to he given Thanksgiving night at Eagles Hall. Everybody cordially invited to attend. k-th-4t
Valdez daily prospector., 1916-11-28

FOR RENT-6-room house furn. ished on Mckinley St.. Inquire of C. c. Rudolph. If
Valdez daily prospector., 1916-11-28

Fresh Augustine & Kyer Butter Krisp and Queen Victorias at Hunts
Valdez daily prospector., 1916-11-28

The N. & s. leaves the Valdez dock on regular sailing days. See adv.
 Cafbureters, magneeos, batteries. spark plugs and coils at Mead's. tt
 Pure Fresh Drugs at the valdez Drug Store. If Cafe.' If ,.Dast esnrdough hoteakes and best eo1eo at tAo AreAAA if
 Eassss1ss fss n Es1aDss5sn
Valdez daily prospector., 1916-11-28

JAs 4oidea North. the Ao1se sl
 Conazere. 'u
Valdez daily prospector., 1916-11-28

| new line Of heaters priced right. at Mead's. If
Valdez daily prospector., 1916-11-28

A new line of hand painted china. owl Drug Co. -.~, If
Valdez daily prospector., 1916-11-28

Kodak Supplies at the valdes Drug Company. If
Valdez daily prospector., 1916-11-28

A full line of pyralin livery at Ow Drug Co. H
Valdez daily prospector., 1916-11-28
Daily Weather Report.

Valdez, Alaska, Nov. 27, 1918. Barometric pressure ...........29.134 Temperature p. m..........15 Maximum temperature .-........:21 Minimum temperature ........... 6 Mean temperature ...................13.5 Clear, northeast, 25 mile wind, 5.5 inches snow on ground.
 Myrtle F. Billings. Obs.
Valdez daily prospector., 1916-11-28

FOR SALE%17-foot boat, with 2 1-2 h. p. Cuchman engine. Boat and equipment as good as new. Price $90. Alaska Inv. Co. 2t
Valdez daily prospector., 1916-11-28

apecaAl ozter. CAan CAsVdar 16A ,aA 1hs AreAAs.s M
Valdez daily prospector., 1916-11-28

For good home-oooked meals tr Mss. Y. Olson, on Hobart 5tEos2
Valdez daily prospector., 1916-11-28

Fsssa candy at the Emporium.
Valdez daily prospector., 1916-11-28
A Big Shipment,

Just received. a fresh line of Haas Candies. the kind you like. at Levy & Ross.' n
Valdez daily prospector., 1916-11-28

Come and see our new line of mug get and ivory ware at Alaska Jewelry Company. %.h ha >., If
Valdez daily prospector., 1916-11-28
Foxy Hot Drinks, Candy Kitchen. tf

For first-class meals and good serv- ice at reasonable prices try the Mer- chants Cafe. 1
Valdez daily prospector., 1916-11-28

Hand lasalzy; FAsas si 1cKisls; n. If
Valdez daily prospector., 1916-11-28

ezAsss1ss fss n Esaaussysr.
Valdez daily prospector., 1916-11-28

An 1p-to-dats nns of cook Stoves and ranges at Nead's. tf
The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1916-12-29
Misery Of @Or Partners, Sets
and Bad Team Work Vanish;
Good Hands Together.
fBy Malcolm Magician

Auction bridge is wabblng There 5
a question whether or not it can
stand assaults about TO be made by
Pirate Bridge. Expert card players
are beginning to hear reports of this
new game which has taken New York
and other eastern points by storm.
Already pirate bridge is being tried
out here.
Any persone who has suffered the
miseries of poor. erratic partners, OF
frequent "sets" and miserable team
work. is likely to accept Pirate
Bridge. For it brings out individuality
good hands come together in bidding
and elements of poker enter
Whist has been blessed with many
changes these last few years. Those
who have followed this gentleman's
game have marveled at each transit
ton. then cheerfully accepted each in
novation.
First came whist with its turned
trump. 1t was a noble sport and en-
dured for years. Then our generation
was amazed when vague rumors of
bridge whist arose and spread. How
well we recall that mysterious phrase
"I bridge it and MAY I play"
Yield to Auction mt Last.
Bridge whist lasted fairly well I'M