davidaulloa/AmericanStories huggingface dataset:
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1917-12-16
HEAVY BANK CLEAR|NCs
CONTINUE IN RICHMOND
Weeks Business Reaches Total OF
*42,303,077, Showing Gain
of $19,OS7.O3O.
RESERVE SYSTEM IS ACTIVE
Statement Shows That Bills Dis
counted and Bought Reached To-
tai of S24, 100000, Willie Re-
sources Go to Sf3G,SOJ,O

Bank clcarings continued heavy dur
IN: the week ending with the close Of
business yesterday afternoon. the re-
port Of the Clearing House Association
showing clcarinss of yi.,3e3.o77. as
compared with s.3.SlG.o41 for the cor
responding week OF last year. showing
an increase Of sis.oI7.oSo. Financial
institutions cleared yesterday. short
business day, business totaiin: S5.29U,-
$50.
Tho Federal Hcacrvc Bank OF Rich
mond was unusually active. the report
OF Governor George j. sea- Tor 'ae
week ending with the close ot business
Friday afternoon showing total or
,.1.i6:.o00 in bills discounted and
bought. Total resources OF the insutu.
ton increased TO sl3s. ZOO. while II
has ou,standin. S31.2Iooe0 in Federal
reserve notes. \ gold reserve OF 81
per cent was in thc bank" vaults
aGains, its net deposit liability.
WEEKLY STATEMENT or
FEDERAL RESERVE BANK
Governor Sc4y's statement Is u. fol-
lows:
Resources.
Gold coin and certificates IN
vault .................. o''o"'ppo
r:,,,, sc.,Ic,,en, fund Ia.$Io.0oo
Cold with foreign agencies s5e'VVe
Gold with Fedora! reserve
aEca, ACKNOWLEDGEMENTS. "te'o'ppo
r;o,S rcdennt;on fund $4,000
Total sold reserve. ..' 5s.6t7''eo
Legal tender notes silver
certificates and subsidiary
coin ..................- iei''Vo
Total rescrvc........ Ss.'"8eoo
Bill, discounted and bousht.s 3S,ioe.ooo
Ri, of ladin. drafts. $1,000
100. and ccr;,Aca,.y 43il.ooo
ro,., earning assets. IS 4o.ss3.ooo
Due from Federal reserve
banks Observation-Disclosures e..-t'Voo
1.,co,icc,cd Items I0,3t1.oo0
E..;nr.,i ha,k no.es $1,000
Due from depositories-sale
Of certificates Of indebted
ness and Liberty loan
bonds ....'-... it'h''""'
All o,h.r resources. $4,000
Total resources. .slSs'soo'ooo
disabilities.
Capital paid !n...........' S''-s'eoo
Government deposits. IN
GLIDING Liberty loan pay
mcnts. except amounts 'c-
Deposited ..............' 1''''''''
United 9tatce Trcasur%-Spc-
cial account sale NJ cc.tih-
Gates of Indebtedness and
Liberty loan bonds !t,9!s"ce
W -. accounts......... 4t.sot.ooo
COLLECTION items . MIS- 0v
Federal reserve notes IN Ac-
tual circulation. "',-'?'ooo
All o,her liabilities. $4,000
To., liabilities. ..,3s.so5.o 600
rio.d reserve against not deposit Ha-
b!Iity 81 per cent.
Gold reserve against Fedora! reserve
notes in actual circulation, {" pc. cent
Federal Reserve Notes.
Issued ''oo'
On hand lS5s.ooo
Outstanding .... $50 ,ono
Total amour, of bills discounted and
bought for the week ending Friday.
December H. 1917. 5"4.4S2.0oo.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1917-12-16

sross deposits ........S 35l.15o,o0
Five per cont redemption
fund against Federal
Reserve bank notes -. $4,000
All other resources -. $4,000
----
total resources -. SIZE l4 900
Liabilities.
capital paid in .........s SofIoonn
Government deposits 49,. i2e.2s5. 900
Due to membcrs-rcscrye
account .............. l5i9.oaO. 900
Solecaon items 13G7G7 ,02o
Other deposits. including
forei En government
credits .............. l4ss2.o 900
=. iota gross deposits. 81. $50, 1854 900
FEDERAL Reserve notes in
actual circulation ..si,!533Si oon
Federal Reserve Bank
notes in circulation--net
A., 'ao pitt ,..::... ..... 5000. 900
Al! OTHER liabilities E3G5 1oo
Total liabilities .3s.I.s 81. oon
noid reserve against net dcpos;t liz
o'nt!eS, elk per cent.
Hoid and lawful money r,s.rv,
cont. o''' pc!
Cold reserve a=aina. Federal re,.,v.
"oaes In actual circulation. SOS n.r
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1917-12-16
GAINS ~ G0I.n RESERVE
FEATURE BANK STATEMENT

TBy Hssoc-ntc! l'Ft'~I =
wASHIEt;TtoE December j5.--A=-
5.c-ate gains Of ,l9.o0c.oc9 IL gold
reserve, OF 100000 bills on haro
and OF siioooo.00o III member Sanhs'
deposit, are features OF the Federal
Reserve Boards vPnl" statement.
The condition Of tn" twelve bank. a,
tho close OF business la nigh, was
as follows:
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1917-12-16
YOU rCfs.

Gold coin and certificates
IN vault ..............s Jo",Sio,eoo
al settlement fund. Fed
cy4l Reserve Board 80. "?J,sle, 80
Gold with foreign aGcn-
c!cs ............,. I..5oc.occ
The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1917-03-26
new FAUCET IS
Improvement
VIM. Gourlay, Jr., Plumber,
Tells How "Quiek-presai0n
Works

In an Interesting way VIM. 0our>
lay. Jr, plumbing and heating con-
tractor. at No. $50 East Jefferson
ave. explains the difference between
the old style water faucet and the
new Quick. preston" faucet which
he Is installing in homes, schools
and ONCE buildings In and around
Detroit.
These are facts everyone should
know, for possibly all are familiar
With the R-rr-r-rattle! RATTLE
Thump Thump! OF the water pipes.
You've heard II often from one end
OF the house TO the other. when a
faucet was turned on or on. And
you've wondered what caused It,
hoping some time TO And a remedy.
Perhaps you've thought II was air
in the pipes. OF excessive steam
from the hot water, OF some fault
In the plumbing arrangements.
II IL none OF these II n what
The plumbers call "hammering. and
Ia the inherent fault OF one Of the
types OF faucet construction in most
common uso
Until "Quick-pression" faucets
were invented, there were Two dis
tinct types Of faucets on the MARKET
All manufacturers made their
faucets In those TWO wayB. There
has been some variation as TO quail
ity and detail, but the underlying
principles or types were the same.
One OF these types will be reeog-
nized by you as the kind mat re-
quires several turns OF tha. handle
or stem TO get a full flow OF water,
This construction is called com
precision work"
The other type usually has q
straight handle extending out at one
side and only needs a quarter turn
TO open or close II. This type IA
called Fuller" work OF these TIVE
styles the former is the simpler and
has better wearing qualities. But
the slow turning to open or close
is inconvenient and is the reason
why this style is less popular The
Fuller style with its quarter
tpn convenience land that is all
that can be said of It's featuresl.
wears out quickly. and gets out Of
order easily. and worst OF u is
@hammers." and II always will ham
mer. for the rubber ball" washer II
contains causes the humming when
the water has not been shut OF en-
tlrely OF when the handle has been
turned too quickly.
In the new "Quick-pressure'
faucets YOU get more convenience.
long wearing qualities and no ham
mering Mt any time. This you oan
readily see on examination OF these
faucets and YOU are invited TO call
at Gourlay's place
The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1917-03-26
MOTOR METALS,
NEW NAME OF
HOLMAN FIRM

In the annual meeting OF the
stockholders OF ths HOLMAN Manu-
featuring company. the 1916 Oman
oial report showed a prosperous
year Tho company Is now com
EIetely installed in It's new plant At
Milford-avs. and the Pere Marquette
The following directors were
elected: Gustsvus d Pope. II. A
Burnett. c. B. Talbot. /. NJ Allen,
3. T.. Ferris, Morris Frfedberg and
William Christian. The following
officers were elected President. G..
r Talbot: vice-president. r. A
Burnett. secretary treasurer and
manager. William Christian.
II was decided TO change the name
to the Motors Metal Manufacturing
company in order to better Indicate
their line OF manufacture.
The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1917-03-26
PATTERN WORKS
HAS new PLACE
Service Company, Under Man
agement Of Stanley Lush,
Enjoys Rapid Growth

The Service Pattern works has
moved 10 new quarters at Bellevue
and Berfin-sts. Removal from the
old place Of business. No. 1347 JEFF
ferson-ave. east, was made neces-
ssry by increased business.
Under the management OF Stanley
Leech. this Arm was organized just
one year ago and has grown stead
lily. The outlook for the coming
year In even brighter and Mr.. Leech
and bis associates are we'll pleased
with the results OF their efforts.
These men have had much expe-
rience In the pattern making trade
and are capable Of advising and as.
sisting their customers thru the
many trying problems OF making
patterns.
The word service" has heen the
keynote OF the founding of this bust
ness. and 20 this end Mr.. I>eech and
his associates have given their best
efforts. Any Of their patrons viii
speak proudly OF this firm for the
satisfactory way in which their
work has been handled.
The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1917-03-26
FIRESTONE co.
LETS STOCK GO
Distribution Made To EN-
pAoycs AZ Cheap Price On
Easy Terms

An important page of history IN
American business has Just been
written by the Firestone Tire 4
Rubber Co.. Akron. Ohio.
With the winding up OF the books
on the plan Of stock distribution in
ausurated by II. S. F1restone, presi.
dent Of the company. the records
show that over 80 per cent of the
employees responded heartily 20 the
investment offer made Out OF IA
900 employees, IL 900 are now stock
holders IN the concern.
The stock allotted. approximately
100000 worth, was distributed on
the basis OF length OF service--not
on the usual basis OF salary earned
The sweeper or the shoveier got
more than the high executive. II he
had served longer, up to period Of
i've years. An who have been EN-
ployed over Ave years were on an
equal basis.
The stock was sold 20 employees
at 800 per share, while the market
price quotation is s145 per share.
The agreement provides that the
company shsll hold the stock for
i've years. after which time. II all
paid for, the certificate passes
wholly into the hands of the en-
ploye whether he OF she remains
longer with the company or not
Mr.. F1restone had been working
toward this end for long time. In
the annual meeting last rll the a..
rectors and stockholders ratified his
carefully planned proposition. Jan.
/ the subscription was opened
March II was closed. And with
las close showing over 30 per cent
acceptance. including every division
Of employees. Mr.. F1restone had the
satisfaction OF having realized a
long-cherished ideal.
But Mr.. F1restone has done more
than that This plan has establish
ed q precedent OF broad and deep
significance IN our industrial rela-
tons.
The FIrestone company employees
have acquired stock which st time
of purchase 10 quoted at nearly half
again what they pay for II. They
have this stock in a company CAPT.
taliEed at y1s,0oo.ooo. che certified
assets Of which run over ys4. 900, 900,
the surplus already listed being s1s..
100000. An of which means That
they win pront not only thru their
work IN the future and the com
psny's further growth. but that they
profit thru their good work In the
past.
The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1917-03-26
EXHIBIT IS
EXPANDING
Builders and Traders Exposi-
ton Is Being Rapidly
Improved

The Builders q Traders pcrzna-
nent building exposition n EXPAND
ing rapidly and new exhibits are
being added daily The lumber ex-
hiblt Is being emba,lished by an
artistic entrance. making n a sort
OF a small exposition In itself.
Everything in wood Is shown, I'm
ished and unfinished, and all kinds
CT information on woods and their
Qualities and advantages Will be fur
nished free TO the public.
Va the other exhibits, many
changes are taking place, some be
ing changed entirely, while others
are being added TO.
The school children are still be
ing taken care OF on Monday and
wednesday afternoons, and some
very clever compositions are being
written by the pupils.
The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1917-03-26
AID CLUB PUTS
FINAL QUIETUS
ON AUTO FAKER

INDIANAPOLIS, Ind, March "a
A. G. Bfdwell, president Of the In
ternationRl Automobile League. Inc,
and the International Automobile
League Tire Co, Buffalo. reached
The end OF his tethsr when he en-
tered a plea OF guilty for himself
and hts two corporations. in the
federal court OF Buffalo, under an
indictment charging using the mails
TO further a scheme to defraud.
Bidwell was nned $4,000 and each
corporation $4,000. by Judge
Thomas
According 10 the balance sheet OF
the tire corporation, stock amounting
TO s55s,s26 had been sold In that
fake concern. up to FEB /. 1916.
The National Vigilance Committee
OF the Associated Advertising Clubs
OF the World. thru Richard h Lee.
Cleveland. special counsel for the
committee, brought evidence OF Bid.
wells dishonest operations TO the al.
tention OF the postofhoe department
and a fraud order was issued against
Bidwell last August This order was
later extended TO his other compa-
MES. Five times Bidwell, under
names OF his stenographers and 9th
ere, tried TO continue his crooked
dealings, but each time a fraud OF.
der would be issued before his mail
could reach his dupes. Once or
twice the orders were issued by tele-
graph.
Bidweil finally was indicted by a
federal grand jury He made a dee
perate tight TO escape any action by
the court, having successfully ac-
eomplished this in cases brought
against him by reputable automobile
tire and accessories manufacturers,
whom he had misrepresented
The facts disclosed by the govern
ment's investigation showed that
Bidweil had accumulated a huge for
tune thru his Illegal schemes HIS
procedure was to advertise standard
motor car tires and accessories 10
The members Of the league AZ cut
prices. then send them inferior
goods In filing thefr orders, AZ an
enormous profit
The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1917-03-26
LETTER COPIES
EASILY MADE
American House Of Letters
Controls Fac-Simile Typewriter
Ribbon Attachment for Presses

Each and every business man OF
today is vitality interested In any
new process or Invention which viii
lnstill modern efficiency into bis
business. The American House OF
Letters located In the Marquette
building is absolutely the only con-
cern In Michigan controlling the
facsimile typewriter ribbon attach
ment for their presses. BY means
OF this wonderful invention II is able
TO reproduce form or multiple let
ters in quantities from 100 70 l.
900 900 and al In the name AMI sd-
dress with perfectly matched type
and ribbons so that each ana every
letter is an original II Is serving
some of the largest corporations in
Detroit who have voluntarily endors-
ed the value OF it's service.
This unique system Of giving alb
solute service from copy to the
mails has built up a very large ellen
tele.
A client may even secure the ser
vices OF an advertising expert 20 re-
write the desired letter-supplying
that much desired punch" 10 the
copy which makes sure that the
maximum Of results are assured in
replies.
The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1917-03-26
TWO BANKS IN
LIST OF WEEKS
BUILDING WORK

An eightstory warehouse. two
branch bank buildings. service
station, several residences and ga
RACES, and a few apartments OF
email proportions. made up the list
OF work coming from the ofices OF
the architects during the week. &C
cordlng 10 the report OF the Build.
ors q Traders exchange.
A slight decrease In the number
OF contracts awarded was noticed.
The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1917-03-26

Seven candidates for the mayor.
atty OF Guthrie. Okla. are entered
In the primary election to be held
IL that city today.
The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1917-03-26

AN hour OF light for m hour OF
night" II the subject for the report
Of the special committee on day
light saving OF the Boston Cham Der
of Commerce. The committee heart
lily favors the daylight saving plan.
The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1917-03-26

Investigation and Suspension
Docket No. 1850. tariffs that have
been hled with the interstate com
merce commission, has beon recetv-
ed by the transportation bureau OF
the Detroit Board OF Commerce The
docket suspends tariffs that have
been hled with the Interstate com
merce commission containing SEIZED
ules stating new individual and Joint
rates and charges, and new indlvid-
ual and point regulations and prac-
tees affecting such rates and
charges On reconsignment OF
freight these tariffs were to become
effective April 1. but now have been
suspended until July Is. unless 9th
erwise ordered by the commission.
The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1917-03-26

]. ]. BuzEell. advertising and ser
vice manager OF the Union Paper
a Twine company. VII be the
speaker At the weekly Thursday
noon meeting OF the Adcran club
Of Detroit. Mr. BuEEell will talk on
The bond between the buyer and
the seller" The talk last week
was postponed due 20 ne conflict
with the address OF Capt HohsOn.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-17
Can a State Recall Senator?

The people of Oregon are manlfesting
much interest in the question whether they
have or haven't the power to recall
United States Senator. They want to re-
call Harry Lane, one of the 'wilful twelve
who participated in the filibuster against
the armed neutrality bill.
Oregon's constitution says: Every pub
lie officer in Oregon is subject to recall"
Machinery is provided for ordering recall
vote on the petition of % per cent OF the
electors. But Mr.. Lanes critics are
haunted by an uncomfortable doubt Even
if they put recall through, would 1t oper-
ate to end the Senator's service?
We do not believe that it would. Inc
Seventeenth Amendment to the Federal
Constitution says that "the Senate OF the
limited States shall be composed of two
Senators from each state, elected by the
people thereof for six years Article l
of the Constitution provides that each
house of Congress "shall be the judge OF
the elections, returns and qualifications OF
its own members" The Federal prescrip-
ton of term of six years therefore con-
f1icts with the right of state to recall
Senator before his term ends, and IN case
of conflict state law must yield to Fed
eral law.
MARYLAND had for years statute winch
required its Legislature to elect one Sena-
tor from the Eastern Shore and the other
from the Western Shore. 1t did not bind
ANYBODY. The Senate would never have
maid any attention to it if it had been In
voked TO annul the title of claimant for
a seat whose other qualifications were
legally sufficient. The Legislature itself
finally violated the law by electing two
Western Shore Senators in succession.
The people of Oregon might vote to re-
call Mr.. Lane. But that action would not
cause vacancy. The successor whom
thew might choose would have little chance
of getting his credentials accepted IN
Washington. The Senate would be COM
pelled to hold that the states are lmpotent
to change the qualifications or alter the
terms of Members of Congress. For II
they could recall Senator they could also
elect one for two years or four years; they
could elect a citizen under the constitu-
tional age or an alien.
/ Should Oregon try the experiment OF re-
calling Mr.. Lane, its people would be
promptly disillusioned. They would learn
that a state can use the recall only within
the sphere in which it's own sovereignty is
absolute and undivided.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-17
DISCRIMINATING the Submarines

In the early days of the unrestricted
submarine campaign it was explained why
The British Admiralty could not undertake
10 describe the various defensive measures
adopted. or to publish the losses, or sup
posed losses, Of the enemy; but at the same
time il was pointed out that the success OF
the defence could be estimated pretty ac-
curatelv by considering the decline IN the
number of merchant vessels sunk. The re-
suits. Judged in this way, are thus FAR en-
couraging. In the first fortnight OF rep
ruarv fortv-eight British vessels OF over
GOO tons were destroyed; for the cor
responding period in the present month
the number reported is only twenty-nlne.
According to the figures of the Board oil
Trade this leaves the British mercantile
marine with 1858 ships of more than l'6Oo
tons. not counting merchant tonnage on
the stocks.
II would be imprudent TO conclude that
the problem is solved, or even that the
figures cited are an accurate index OF the
decline in the effectiveness of the subnra-
rine war. Many other circumstances may
have contributed 10 the result. The
weather may lately have been unfavorable
for The Germans, and it may be that the
German plan involves intermttency Of at
tack. but from the hints that we have had
from authoritative quarters 1t is reason
able TO assume that the anti-submarine
measures have already had some effect.
After the first three weeks OF the at
tempted blockade the First Lord Of the Ad-
miralty gave the House of Commons some
figures that at least indicated the magnl-
tude of the submarine hunt. He entered
into no details of the means used IN search
ng out the enemy but he said that he had
received reports Of no less than forty en-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-17
"Compulsory Health Insurance

To the Editor of The Tribune.
Cir. Il il said that if you want 70 get
Tho rou,s of home you have to go ABROAD
Tho publication in The Tribune of the exact
s.o.rs 81 the Medical Society of the county
-. ~. Work on compulsory health lnsur-
ance though formally given out at us "e's
inc on February IA, now reaches Us
i,s publication in full in communicate
from the secretary of the Bronx County "eu-
al Society. In this way The Tribune MAKES
III u,bat has been omitted or denied men
49,, bv tho press in general, both lay anu
odi.al Among the great body OF the med'
;ooI nrofession, this publication increases
tho respect for an opponent such as Inc III
,,aa which has advocated this measure from
.bo start and which medical men now oppose
almost TO a man in this state
II tho same way last year The tribune
nromptly gave space to and editorial comment
communication which disproved the
nlea that compulsory health insurance was
a natural sequence and logical companion
TO the workingmen's compensation law IL
was only necessary TO show that the SIC" P0o.
had never been exploited by the doctors as
49, ,.;otirs Of industrial accidents had been
nv tho casualty companies and the lawyers
to prove this view erroneous. 1t has never
been publicly advanced since until the
present hearing before the Senate on the
Mills bill. when it was uttered by Mt hoi-
land. labor union man, who should nave
known better. and by Mr. Andrews, OF the
American Association for Labor Legislation
who did know better. newspaper essay
similarly evolved need only be noticed as
nroving that there is no standard OF news
that equals in fitness The Irlounes one o.
Truth, first to last"
New York. March IA, 1917.