davidaulloa/AmericanStories huggingface dataset:
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-10-01
AUSTRIA AZ WELL 40 TURKEY
MAY Dc FORCED TO ASK
FOR PEACE. ~
TURKEY CAN NOT LONG
REMAIN ~ WAR FACTOR
Fall Of coastantinopls Forssesn BY
Military offieials-lnvasion q Aus.
tria-Hunoary From South Mads Pos.
siblo--AiIies Can NV Rescue noS-
mania From kaissTs Grip.

Washington, Oct. IA report gwen
wide credehce that Turkey had taken
initial steps to follow Bulgaria's ac-
ton in suing for peace with thS aliies
was received in diplomatic quarters
following receipt OF official confirms
ton Of Bulgaria's complete capitula-
tipn.
This report was credited because II
pointed to the only step left for Tur-
key to take, since Bulgarias adanu-
onment Of the central powers closes
communication between Turkey ana
Germany and makes the fall OF Con-
stantinople appear to military or
ficials as a foregone conclusion.
The military situation created by
the elimination Of Bulgaria an6 tpe
certainty that Turkey can not remain
long in the war Is that a route/1s
opened up direct to the Austro- Hun
garian frontier over which the armies
now lighting on the Macedonian FROM
could be moved for an invasion OF
Austria Hungary.
Austria May Quit. Too.
With the ltalldn army ASoNS =
strike on one frontier, and an alice
army invading it's Balkan frontier
there IL general belief that Austria
Hungary would be forced to deset
Germany. leaving the kaiser without
allies, to face surrender or exter:ns-
nation Of his armies. The allies now
have the way open through Bulgaria
and Serbia to enter Hungary from
Austria, and strike for the Austrian
capital.
Whether q major offensive VIII De
directed against Austria this fall Is a
question that win be dictated by events
of the next few days. Military oniv
Gals are confident Marshal Foch VIII
take advantage Of Bulgaria's demoois
lization and the free passage across
her territory given the allies to launch
in good time, two great offensives. one
from the Balkans and the other from
italy.
With allied armies in the Bafkaps
cooperating. with them. the Italians
would be in . position to strike ..
crushing blow q Austria at time
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-10-01
DRAFT LOTTERY
TAKES ALL NIGHT
Drawing Completed at 8 O'clock a. m.
-Crowder Watches Proceedings
Thru Entire Nisht-Slisht Accident
Nearly Causes Loss Of One Number.

Washington, Oct. drawing of or
der numbers for 100000 draft reg
istrants WAS. completed at O'CLOCK
this morning. The last number taken
from the glass bowl was 1874.
by working in relays thru the night,
officers and enlisted men Of the army
speedeu up the drawing more rapidly
than in previous drawings. Provost
Marshal General Crowde. watched the
drawing from start to finish.
There was only one accident" the
provost marshal general said, and
that was in the last number. The
paper slipped from the capsule but
was found in the glass bowl. For q
moment we thought we had lost a
number"
The master list will be distributed
Immediately 20 district draft boards
by which it will be made public.
Four relays Of young Officers each
working one hour and resting three
got to working against each other and
the rate at which the capsuls were
drawn was pushed up from 800 an
hour, to moro than 500; then to 1000
and at times to LOO an hour.
Advance estimates had been that the
drawing would take twenty-six hours.
or until 2 p. m. today. In the first
drawing last year seventeen hours
were fequired to handle 11O,5Q0 num-
bers.
,lAIAy~ ,,o uclrrc1 NnrEe
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-10-01
LINING UP "suFF" VOTES.
President Yields Big Stick Over Sen.
ate Democrats.

Hs d
Washington. Oct. With the sen
ate apparently about to vote today on
the woman's suffrage resolution. Presi-
dent Wilson supplemented his address
yesterday in its support by sending
letters to several democratic members
regarded as opponents. urging them to
give the measure their vote.
Moving to a final vote the senate re-
jected, 81 to %. the proposal to SEN
ator Williams to limit the franchise to
white women.
Senator Martin, Of Kentucky, demo-
crat, announced he would vote for the
resolution, He was appointed to sue
coed the late Senator James. who OPP
posed u.
While Senator Martins position was
doubtful, managers Of the resolution
said it did not increase their strength
aver sixty-two votes, while leaders pt
the opposition said they had not
counted on Martins vote.
Today's debate was opened by Sen
ators cummins, who favors the reso-
luton.
II fear that little group Of wilfful
men," he said, ARE about to defeat q
measure the president has declared IS
vitality necessary for the prosecution
OF the war. It is a strange spectacle
10 me. hope there will not fall on you
the condemnation that at a former time
was brought upon a little group OF
men"
SENATOR cuhmins was one OF the
twelve mem denounced by President
| Wilson for delaying action on the
armed ship resolution { before the
| United states went to war. m
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-10-01
LAMsoN'S MARKET REPORT.
Furnished by Lamson Bros. & Co., 2o3
Masonic Temple: Phone 1873.

Furnished by Lamson Bros. & Co., 2o3
Masonic Temple: Phone 1873.
Chicago, Oct 1.-Corn-The i'm
decline today was the covering
Of short lines on a very large scale.
On the general principal that the de-
Cline has been long and that a rally
is due on technical conditions, many
Of those who look for lower prices
eventually were disposed to take their
profits and look on for while. In
terest centers entirely in the war news
which is Of very encouraging character
Many limitations are heard Of gen.
eral political unrest thruout central
Europe.
Oats-Aitho oats were lower they
were given support by cash houses
who were said to be doing further ex-
port business. Speculative sentimaDt
does not appear bearish and, if the
war news should continue favorable a
further decline would not be s1uPris-
ing.
Provisions-Porkw was sharply lower.
while other deliveries Of product were
firm. The effect of the war news is
disappointing to the bulls.
Chicago cars-Wheat, Sc; corn, 2l7;
oats, So.
neapohs-Wheat, $40; corn. 81;
oats, IS.
Duluth-Wheat, i, las: oats, So.
Winnipeg-Wheat,S 39; oats, II.
C1earances-Wheat, $4,000; corn,
none; oats, 100000. -.
RANGE OF PRICES.
Prev.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-10-01

when that nation liz compelled 20 d.
vide her strength 20 mect attHcN 81
another 0uarter and ut u time zen
NArshal Toch's snashlng tactics on
the west front requig the use OF al
German sfIsctttes.
Austrian morale, Il II believed. Will
also b struck Q blow by Bulgarian
dsSectteu. There have been reports Of
Widespread disaffection In Austita- !
Hungary, particularly among the sub
TACT nattonalities. Bulgaria's action.
IL n believed, win have the effect of
tanning revolution movements.
Can Nov, Al Reumania.
TIE Bulgarian collapse has another
farreaching aspect In that It pavcs
the way for >the deliversehce OF Rou-
mania and for lending succor to Rus-
aA.
Hostilities In Bulgaria are not ex-
pected Immediately to cease. There
are considerable bodies Of G erman and
Austro. Hungarian soldiers in Bulgaria.
many thousands of them having ar
rived ON Bulgarian soil since the Bull
Gardan government moved for peace.
In excellsntly informed quarters Vt
Wa sah there are NO Turkish troops
in BULGARIA. but that their arrival Is
momontarily expected. az It Is Of sup
rene Importance 70 Turkey now to de-
Send the approaches to Constantinople.
II u hardly . question whether Ger
many and Austria-Hungary/ will treat
Bulgaria - an enemy. 1t Is believed
that they will seek to make an ex--
ample Of her, the moro 20 IS passive
submission on their part TO tho course
Bulgaria 10 now pursuing would give
fresh incentive to tho Roumanians to
rise against the forces Il occupation
in their country The armies Of the
central powers in and moving on Bui-
garia are expected to treat Bulge en
soil as enemy territory. to requisN1on
all supplies available. and to put It F,
under military law. following Gerina-
ny's example in Belgium. Roumania.
and occupied Russian provinces. The
result Of this, however, might be to
make Bulgaria an active military ally
OF the entente.
Threaten constantinople.
In southeastern Bulgaria the allies
VIII have the immediate use Of Bull
garian railroad facilities and ports.
which carry them to Adranople and
almost to the famous Tchtalja lines
Of fortifications. which the Bulgarians
stormed and were about to carry when
the European powers interviewed in the
frst Balkan war. This threatens the
early fall Of Constantinople unless, as
reported, the Turk has moved to join
the Bulgarians in making peace.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-10-01
PRICES BARELY STEADY AND
SOME GRADES SELL 10
CENTS LOWER.
BUTCHERS CONTINUE TO
HOLD FIRST PLACE
Top For 'lightweights 20 Cents Under
That for Popular CFass-Steers Stea-
dy to 8trons-Sheep Trade Slow and
Prices Tend Lower-current Quota.
tions at Live Stock Centers.

Chicago, Oct. 1.-Some classes of
hogs were steady today but classes
which have been in best demand Of late
receded 10 cents. Butchers and lights
were affected, but packers continue to
prefer the heavier kinds. Top for
butchers was 1895, against top of
$19.75 for lights.
The eleven markets on Monday re-
ceived $4,000 more hogs than previous
Monday, $1,000 more than year ago
and $4,000 less than corresponding
Monday Of 1916. Chicago received $500
more than a week ago, $500 more than
a year ago and 9,400 less thap corre-
spending day two years ago.
The four Missouri river markets
Monday had 1000 more than a week
ago, 10000 more than a year ago and
1000 less than two years ago.
N. Cattle.
Steers we're steady to strong and the
days of last week.
Receipts Monday were estimated
early at $1,000 to 22,0O6 and later at
$4,000, standing smaller than expected.
altho sellers were glad that country
owners shut of the run. Offerings were
5000 short Of week ago. when the
second largest supply of the season ar
rived, being over 5000 smaller than
a year ago and nearly 1000 smaller
than corresponding Monday two years
ago.
Kansas City had $4,000 less than last
Monday, when that market reported a
record Of 50,043, and every other out
side market showed some decrease, st.
Louis having $500 less than week
ago. when it had a record Of 21.46l.
Including the local run, seven western
markets were credited with $4,000. or
IS, 900 less than a week ago, 1000 more
than a fear ago and 1900 more than
two years ago.
Sheep.
There were $4,000 head of sheep at
the yards today and trade was slow,
with prices inclined to lower levels. -
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-10-01
FURTHER DESCENT IN
VALUES.
PRESSURE TO SELL
FROM RURAL SOURCES
Oats Parallel Action Of Corn, Commits
sion Houses Doing Much Selling
Weakness in Provisions Results
From Fresh Breaks In Grain Value
Trading, Tho, is Of Small Volume.

Chicago, Oct. big downward
swings in the price OF corn continued
today accompanied by heavy selling.
Much of the pressure to get rid OF
holdings was said to come from rural
sources. Opening prices, which ranged
from II cents decline to IL cents ad-
vance, with October at sL36% to
sl.37ls and November at s1.32h to
Sl.331s. were followed by sharp breaks
all around, but then something o: a
rally
AS on previous days of late the chief
buying was on the part of shorts who
were in a position to collect profits. Ac-
cordin ely upturns were not maintained.
The close was unsettled. 2A to 3
cents lower, with October at sf.33 to
$780, and November at $1.30Z to
s1.31.
Oats paralleled the action Of corn.
Commission houses lid most OF the
selling. After opening unchanged to
* cent lower, with October at 20 to
7OIh, the market, despite rallies,
underwent a decided general setback.
Provisions
Weakness in provisions resulted
from the fresh breaks in grain values.
Trading, tho. was small
Lard and ribs Later developed con-
siderable strength. Pork on the con-
trary continued to drop.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-10-01
couohed So He Couldn't Sleep.

Bronchial coughs, tickling in throat
and asthmatic spasms break ones rest
and weaken one so that the system Is
run down and serious sickness may re-
suit Enos Halbert, Paoli, Ind, writes:
81 had severe cold this fall and cough
ed continually at night; could hardly
sleep. The first bottle OF Foley's Honey
ard Tar relieved me. entirely curing
my cough" 1t covers irritated MEM
branes with healing and soothing
coating. lcosens phlegm and clears air
passages. Sold everywhere. -. II
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-10-01

vember opened at 20; highest n; low
est, ssN: closed TON.
Pork-October highest, $3.50, lowest.
$3.50: closed $3.50: November highest.
ss.25; lowest $3.50; closed $3.50.
Lard-October opened at 1885; high
est -ss.se; lowest, 1885; closed, 1850;
November opened az $3.50: highest
e6.2O: lowest, $3.50; closed. e6.12.
Ribs-oct. opened at 22.s7; highest,
e3.le: lowest, 22.s5; closed, $3.50; Mo-
vember opened at S97: highest 1927;
lowest, 22,97; closed 2S.l7.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-10-01
Chicago Produce.

Chicago. Oct. 1.
Rutter-Unchaanged; creamery 510
So. y
Eggs - Unchanged; receipts. 1929
cases; at mark, cases included 40
A7k: ordinary firsts, 45@47; firsts 4S@
49,.
Poultry-Alive unsettled; fowls p q
2s; springs. "a.
Pork-Cash nominal.
Lard-Cash. 26.75 $3.50.
Ribs-Cash, 22S7@23.S7.
Rye-No. 9, nominal.
Barley-90I1.0
Timothy-7.50 1000.
Governmental.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-10-01
Hay and Straw.

Chicago. Oct. I.
An active demand exists for all
grades Of hay, shippers being in the
market for the bulk of the offerings.
and firm feeling prevails despite the
arrival OF so cars of timothy and few
more cars Of prairie. The latter com
prised 1 car from Kansas, l Nebraska,
! Iowa / Illinois and1 packing. No.
timothy was s33@35, standard tifno-
thy and No. light clover mixed. SAGA
80: choice southwestern prairie, sS1m
SO. and northwestern, s3sd3O. Pack
ing s12@16. Straw prices we're un-
changed, with cars Of oat and ! car
Of wheat in. Wheat and oat straw
was 5000, and rye s11112.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-10-01
New York Produce.

New York Produce.
New York, Oct. !.
Rutter-Steady: receipts 1904 tubs;
creamery specials s2A @S3; creamery
extras CO: extra firsts 5SmS1k; pack
ing stock. current make, No. 2, 40k a
IL. -.
Cheese-StroE; receipts. l,s4o
boxes; state whole milk special, white
or colored, BIZ a32 average fancy, 500
81.
Eggs-Firm: receipts 1885 cases;
fresh gathered selected extras $685.;
extra frsts, 54@55; frsts 52953.
Poultry Alive steady; western
chickens, %; old ROSTERS. 20; fowls
22625; turkeys. 2Sm30: dressed quiet.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-10-01
- = rrsrssrsssors.

-, q oey say" observed Brer
Vlllhun, de devil invented de tango
laneA sinners should practice =
night an day. kaze it'll be hfe'saver
- nm wen dey hits de hot pave
nsuk down below ter know how Ter
- high."--Atlanta Constitution.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-10-01
Chicago Hdrse Market.

There were too many horses on the
market today. Consequently the trade
was dull and slow. Prices were not as
strong as last week. but ANYTHING good
was steady, for a ready market was
available at the British, inspection,
which renewed activities today.
Receipts OF Horses are estimated at
1000 head, compared with 1854 last
week. 1872 a year ago and l,16f' TWO 2
years ago. Il, n, 4. a 4, =, ~.
n 44 Poor Choice
ss to Good. TO Extra.
I Drafterr.p to esyrD
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-10-01

Any adult suffering from cough. colds
or bronchitis, II invited TO call 1t tho
Old Reliable drug store and get abso-
lutely free, q sample bottle Of Boschee's
German Syrup, soothing And healing
remedy for all lung troubles. which has
a successful record of fifty years. Gives
the patient a good nights rest FREQ
from coughing. with free expectoration
A standard medicine for nifty years.
For sale in all civilized countrieA
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-10-01
ats-No. 3, white, ZIG q 9T1h.
NEW YORK STOCKS.

New York. Oct IA large coterie
of professional traders is taking the
stand that advancing prices on peace
prospect is untimely and premature.
They are, therefore, preparing the MARI
ket on all rallies. Railroad earnings
are satisfactory.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-10-01
MINNEAPOLIS CASH GRAIN.

MIHHtHVUII5, OVV' T,
Corn--No, white, 1,67d1.70; No. 3
yellow, l.35@l.50; No, yellow, l.S2@
4 IS; No, yellow, 1.27@l.S0; No. 3
mixed l.30@l.35: others. l!00Ql.eT.
Oats--No . white 6S7s a697s; No. 3
white 66s T67ss. No. 4 white, 62S a
s6&: standard. CTS cess.
Barley-s3@S7 choice, S7q9l.
Rye-l.56d1.57.
FLAX 3.S9&.
pI1npJ1 rASu GRAIN
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-10-01
CHICAGO Potato Market.

Chicago, Oct l.
Potatoes-Unchanged receipts 1o6
acrs.
Minnesota and Dakota early Ohios,
bulk-1.S0@1.90
Minnesota and Dakota early Ohios!
sacks G0@2.06.
Wisconsin,, bulk-lT6Tl.S 80.
Wisconsin, -sacks-1.95m2.O0.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-10-01
Open. High. Low. Close. Close.

Range Of Chicago Grain Prices
Chicago, Oct. /.
Corn-October opened at 1861; ;
highest, 1914; lowest, 1924: closed
1873: November opened at 1924 high
est, 1888; lowest 1881; closed 1904
Oats-October opened at 6sB; hlgh-
est. 70a: lowest SO; closed. 69A; No
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-10-01
CHICAGO Grain Close.

Chicago, Oct. I.
Corn-No. , yellow, 1.53; No. yell
low. l.ss@l45; No. 4 yellow, 1.a361.35:
11s91.5.
Oats-No. white 7o9721s; stand
ard 71k @722.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-10-01
Chicago Live Stock.

Chicago. Oct. 1.-Cattle-Estimar
receipts for today, 10000; market,
steers steady to strong.
Beef cattle. good, choice
ana prin. 1s.so11e.s0
Common and medium 1900 G15.25
Butcher stock, cows and
heifers s.S11s.75
Gamers and cutters $50. $3.50 $50
Stockers and feeders. good
choice and fancy ...... 1o50613.75
Inferior, commo n and
medium 80. ........ 7oo01o. so
Veal calves, good aid
choice 17.75a1s.50
Hogs-Fstimated receipts for today,
$4,000 market. mostly steady to 10
cents lower
Butchers 1s.4o119.95
Light 19+o619.75
Packing -. 1S5011925
Rough 1s.0e@1s.5o
PIGS god to choice IL. lT!5001s.25
Sheep-Estimated receipts for TO-DAY,
35 coo; market, slow, follower.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-10-01
Quality q Truth.

Quality OF Truth.
We can be generous and liberal i'm
our views, without being loose and l9ti-
tudinarian. Truth Is many-s'ded. ana
no dogmatic system contains It all
Rylance. e
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-10-01
old. 1870 TO 1850

pounds .Slss0soo Ss2S Q 3ss
Loggers ........... lbO0SO0 zOO0Yxo
Feeders tex. wghts) 100000 210@s<0
Saddlers ........... 76@lbO l7b@S00
Drivers ......~-... BVlsa lV6Q2oo
Western. branded. ESQ 30 sb0loo
Farm chunks So. e0@1%o lST2oo
Express (full aged.
sound) 1850 to
1850 pounds 80. 759175 20002lO
w y on (g 20 Cd
sound), 1880 TO
1880 pounds $500 75@l50 l0502o@
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-10-01
OMAHA CASH GRAIN.

OMAHA Cash GftSAlN.
Omaha Oct. /.
Corn-No. white. 100; No. 4 white,
Las: No. 5 white, lao: No. 6 white.
l.S5; sample white, Los: No. yellow.
Isl: No. yellow. f.5O; No. yellow,
40; No. yellow, 1.159i.17; sample.
yellow, liz; No. mixed i.e0Q1.21;
sample mixed, los.
Oats-Standard, s9N: No. white,
69969k: No. white, 6sk @69.
Barley-No. 4, 95; sample, 90.
ST. LOUIS CASH GRAIN.
st. Louis. Oct. /.
corn-No. yellow. $50; No. yell
low, 1.44a1.45; No. yellow. $50: No.
s yellow, l1791.2o; sample yellow,
l.op61.03; No. white. 1.65; No.
white, $50; No. white, LIS; sample,
white. lis. -
-Oats-No. 2 white, IT,; No. 5 white,
71971A.
MILWAUKEE, CASH GRAIN.
Milwaukee, Oct.
Corn to cents lower; No. vel
low, 1888; No. yellow, 1.22; No.
mixed, 1.1s.
Oats cents lower: No. ; white
T1z @72; No. white, IN OF.
Barley-1 to cents lower: No. 3,
100; No. 4. IS to IS.
Rye c up; No. 2, 1.6s01.sSh: No.
3, 1.57.
KANSAS CITY CASH GRAIN
. Kansas City, Oct 1.
corn-No. 4 mixed, 4o@1.45; No.
mixed l.S7@1.3s; No. Yellow 1.6s;
No. 3 yellow, 1.57@1.5s; No. 4 yellow,
1.456i.4S; No. 3 yellow, l.40@1.4s; No.
4 white, 1877. -
o,+--No .uhite hmm nT1h
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-10-01

ILUINlA NASII NIkHh.N'
Peoria. Oct. !.
Corn-Receipts forty-four cars.
grades unchanged: samples unchang-
cd poor mostly cents up: sample
grade So 61.09; No. 8 white. LIS; No.
yellow l.22@1.23; No. s yellow, 1.15.
Oats-Receipts six cars; 2 to 2k
cents lower: standard 70; No.4 white.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-10-01
Sioux CITY Live Stock.
Omaha Live Stock,

OMAHA Oct. MISUNDERSTANDING
receipts for today, 10000: market
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-10-01
PUBLIC SALE!

will sell at public austion on the X.
O. Rank place, miles due east OF
Marshalltown and BIZ miles south OF
Green Mountain, on
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1918-06-23

convention next year. No date was set
for the 1919 meeting. ncr the place
at which It will be held. this matter
being left with the executive council.
In accordance with the practice In othc.
years.
PROTEST. AGAINST GUARANTEE
OF BANK DEPOSITS
The resolution PROTESTING against the
guaranty of bank deposits was drawn
by special committee appointed for
the purpose. ard is as follows
Tho Virginia Bankers Association
has considered bill pending IN the
Congress of the United States known
as Senate Fill No. di26. entitled an
act to amend and re-enact sections 1926
and 1926 OF the revised statutes OF the
United States. the general object OF
which is to establish n guaranty sys.
TEN OF deposits in national banks.
This association expresses the opin-
ion that the measure is wrong in prin-
ciple. unnecessary and unwise. Its
basal fault lies in it's incorporation
for the first time into our Federal
banking statues OF a false principle
under n speclous plea of unity and
increased strcngth-namcly, that each
national bank shalt be responsible for
III
duct OF the business of other national
banks.
"It also involves n confusion or cor
rect theories of Insurance, which the
bill would apply to the business of
banking, in that each bank would be-
come responsible for risks Of default
by other banks without any choice in
the selection of the risk or power OF
supervision and correction, In whole
or in part. of tho conditions obtaining
in, or methods pursued by, the insured
bank.
1T is elementary that Legislation OF
so novel and radical 4 character should
he cnactcd only in response to a Ie-
mand By the public. and that this 3c-
mand should In turn be prcdicatcd upon
real, rather than apprehendcd. or ex-
aggcratcd. conditions. We further as
scrt our conviction that no such pub
lie demand exists.
BE it resolved, therefore, that n GER
tilted copy of this resolution be trans
mitted to each of the Representatives
from Virginia in both branches OF Con-
Eress with the request that they OPP
pose the passage of the bill IN qucs-
ton by their votes and influence"
EXPRESS THEIR THANKS
To AVIATOR ART SMITH
Just prior to final adjournment the
convention voted a special thanks to
the officers OF the Langley Field flying
school for the daily aerial demonstra-
ton. and especially TO AT Smith, ar
instructor in the school, who Is we'll
known to Richmond for his thrilling
exhibitions; to the several speakers
who addressed the association. and
others. Practically al, delegates re-
turned home this afternoon, although
somc few remained over until to-mor-
row