davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1921-09-04
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Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-04-10
RICHMOND BOYS FIGURE
IN VICTORY FOR VA. TECH

BLACK SECEG VA. Apr!l I.-Nir-
gin.a Tech captured the series from.
MARSHALL College here today 10 4
~ game that ran into extra in
hinge. Nit"r mutilati0g tho pitching
stan Of Marshall college her" ycs 70
tcrday Richmond star twirler was
ordered .y Wire 10 report for duty
hor" To-Day He Jared n!s his prcd.cct
s.rs and Tech secured fourteen rin-
giles with heir war CLUBS
liarrvlisOU, Of Richmond. and ilar-
vcy wer" ~ nnc form today The
former gave wty To Captain Harvey
IN the sixth iIarrellson struck out
eight in ny. Innings ana Harvey
eleven IN seven
"Eull" Todd. alsr OF Richmgnd.
Techs premier catcher. cleaned M
ia tho twelfth ~ q Stinp.ne ground
~ past tho ini"ld scoring Rice.
Emory ana Henry begin two-game
series here Monday
Score by innings: Il II =
Marshall .DGl llu 100 H0n-i :
Tech ......., co. COL col Dol - -
Batteries Richmond and Hollands
worth l!arrollsnn, Harvey and Todd,
Umpire. Summons.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-04-10
COLUMBIA COUNTRY CLUB
FOR BIG EVENT
Premier Golf Attraction OF Year
VIII Take Place in
Washington.
lny AssocIntcd Press. !

WASliiNGTON. April Sword has
reached the Columbia Country club.
where the open golf championship OF
the United states is to be staged
July - 20 %. that the party Of Brit
ish golfers may be larger than that
already announced.
In addition 20 Tod RAY OF oxb.v
England. the present United states
open champion. Abe Mitchell ana
George Duncan the present british
"r'n champion, VIII com" To try to
win tho American championship They
VIII br.ug with them several other
l::It!sh professionals. all OF whom
hav" become known in recent years
as players Of first rank
bcnEIi" word has been received
that Harry Ndrdou. James f:raid and
j. II Taylor, an several times win
nor Of tn" british open. viii not
come. In plac" Of these world-r"-
uCwuch players however. assurance
tn" big four" amateurs in Amcri-
can golf VIII play In the open.
Charles Evans jr.. Of Chicago. the
present American amateur champion.
ana Robert y. Jones. Jr.. of Atlanta.
runner up In thc 1919 amateur event.
have assured Columbia officials thcy
VIII play IN tn" blur-ribhon event q,
american ro!f this year Jones viii
|'.'t'' i'llN 'bIll ~ Sbt'l 10 play IN
the several British events 10 hc held
In the spring ana. in View Of his re-
cont hne play. golfers consider there
is chance he may bring home a
It'll. 4 sister Albanian. Miss Al"xa
stirling. has gon" 10 Great Britain
To play Ia tho British " rrnrn's cham
I,onship Misu Stiriut; holds the
| American "om"n's title.
The c"urs" over which tho national
! open Will hc hold viii measure up-
! wards of $500 yards when tho too
! plates arc put back for the champion
| ship, Several major improvements
| hnvc been mad" on the course since
! IA" championship was awarded 10
/ Columbia chief among them being
I completion OF tbs. new Hfth hole. 5G-
! Yards, and completion OF - now greer
! ut tho eleventh hole. stretching Il
! cat To distance Of $50 yards Minor
! Establishments arc under way and
| Walter J Travis. the prominent
cours" architect. who built ths
/ course. has com" to washington 4
| mt finishing touches on the cham
| rionship links.
Walter Hagen twice American
! champion: Jim BARNES. Loo Dier"l
Jack BURKE and Peter Harmon ar.
F! the professionals among those cx,
p.ct"d TO finish wcl! UP in the com.
| ing titmlar event.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-04-10
CAROLINA MAY MEET
CLEMSON ON GR|D|RON
Football Battle Probably Will Take
Place Next i'all at
Chapel Hill.

CHAPEL I'LL, y e. April -
Negotiations are under way between
the University Of North Carolina auG
Clemson College for football game.
to be played In chapel i!ll, Scptein
5"r q. ana local athletic authorities
mink arrangements can Dc made
CaroIina's prcscn, s,chedulc' calls
for the FIRST game on October .. with
Make Forest Director OF Athletics
" y Fetzer and GRADUATE Manager
Charles Il Wooilcn have both
wanted another gam" added 10 the
schedul" auh had tried unsGCCcss-
'ully 10 hud one. but Il recent In
GuirY from Clemson has opened
hav" not met In football sine" 1913.
when Carolina won by "A small score.
II viii he n hard game for both
teams. but The Tarhcnls ar. espc-
AT Chapel iii!l. only Wake Forest
and virginia. according 10 present
ARIA gonemts, VII play on Elmer
Announcement has been made b.
Graduate Manager Wooll"n that the
Inrolinai n"y u!i''. gam ",li =.
Carolina-v ii. |. game in Norfolk.
Both locations were lot open when
the games we're scheduled last win
tor Tn" DAVIDSON game has 6c"n
PLAYED IN winston salem for scY-
crai years. bat doubt as Ia i;g l"ca-
ton next year MAS expressed. be
cause Of the poor condition OF the
Ma ing field Win the opening Of
"a new park, which will have "A good
held AS well ~ ample seating aC-
Communications ana with the assur-
.tnCe o. q large crowd, the decision
mas been definitely made.
for several years in Chape! illl and
at tho request ~ V VI. / the gam,
las been shifted Il.Xr yea! TO Sor-
FOLK. although other Virginia cities
were active bidders Tor Tho contest
DIiv"r Rand. former Carolina star
distance runner. has taken CharE,
OF The Tarhoci track squad during
the Illness u Kent Brown. the r.sU.
lar coach Dr. Brown had Starte,
~" squad. but "a sever. attack o.
appendicitis VIII keep him from nl.
two work probably for the remaiudei
~ IN" season. Raui. wh" ~ a las
/ student u; the university. has bc.f
on m" track t.an for the past w,
Years ana Us ,hurOuGhly convcrSau
with BROWNE. methods
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-04-10
|TREET BRINGS WEALTH
pr MATERIAL TO SUFFOLK
lanngcr VIII Have Hard Task to
Decide Who Regulars
Will BE.
Special to The Times Dispatch. !

lSpecial to The Times Dispatch.l
SUFFOLK. VA, April 9.--Gabby
tfc"tS experience of last year. his
fst AS manager. has certainly In
ou cannot wait until til. cry %!
play BALI" rings out and expect TO
in a pcnnant.
Last season found him without
roper material in any department;
|iis year any team In the league
,ould do well to secure any OF tn.
layers who do not make his team.
y present. twenty men. four OF
nom played with suffolk last year.
re engaged in daily workouts.
Poole. an outncldcr. who finished
.st season with Il batting averhg"
I .3bV, liz showing up in big league
we. II iS expected that hc VIII
ave better season this year than
tst.
Another outncldcr. who Is show
|is UP "cll Is Johnny Castle, With
|sst ycar's Wilson team Thcs"
|"o ANA Rp!lInger. rompson, Aug
|s,ihn and Mathus are s!X incn from
HON should be picked one Of the
Black, who played second and
Port ON last years team. * show
flg marked Improvement lie has
|rpt himself IN condition the "ntir.
inter ty playing basketball II.
|aS a hustling opponent Ia curtain.
no LOOKS lilt" = winner.
For the guardianship OF tho hot
nfncr. GhhDy has gathered t"U fast
| en-. it!c" and Lukcns are hitting
l'c aus, in fnc style ana arc nght-
|E 1t out. with the toss % i coins
Incrcncc between them.
There are two contestants for tho
Iosit!on 1T second base. SciId, who
|laycd ia the Steel League last gear.
imposes Eisner for this position.
sunderland, at first. Is trying hare!
y overcome III" lead Of Kcrns These
1oys arc scOoping them up well ana
|lther would make a dependable first
Ilck"r
Behind the bat. C;abby has three
Pen. besides himself who Wish 10
litch. Burns CON and Grasslck are
{lr"c good men. and II looks as II
Fahhecf street Wll hav. 10 resign
II else hire the Nhol. trio
Pitchers lloyd 81 last years
pam, Johnson. of IN. Western AS
8ociatiun; Buns. also 81 the west
I'm Association, Nickle. ~ kcutUcky
3msby. pf New York. and Dorian. ol
!hl", seem TO hc excellent slab ar
Baseball! fans ~ Suffolk are al
i,ah$ worr: NJ over The fact that
lI ~" iryDutS cannot l." Kent and
{1cN are beginning TO mako hcts rs
II IN" rNuTp'V OF 300 ALTERS th.r,
III Nt at hp O.! lose of tn. Sru-4,,
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-04-10
BOWIE RESULTS

fi--t raee-.hrc" ycar-old4 ami IN:
s; ,.In, ,..T"n, tHfig,gE!'ss Me'inss; i5s
To- .Johns"n1. t-4Q $3.50 ..r9nd liUr,
i,,,.. 20 hg,.yr,,,.N tnI-d.
NeiuNi and SD-h Shu-. roupigd as
So sgasaG r H..-. nm gn'ry ,,.a anna m
"!ialns go" iHt."nE. Louie "suro,
ar i'snnet, ~ HSn.}t. $3.50 'h'vd.
~ ~, M,"d and May Head all" raii
~ mlnF s"E"D fIrlpngr--B ru"vplsut !iE
Morr.i, $40. - 90, won sue,r-
uu"i" NHirI los t''-' cpryh. yll go m 20!
I'm. l:2s -. I:nr!co Caruso. pinasr.
Fourth rre--:hreo.ycar-olds aud ur.
q lsaN~,r,zl. sii'56. 81 90. ,s.eo. ' Won.
snSsm% 49,, ie' ni"fri,,a,n' IN go.
,!Ti rlms" tx I-5 hane-i@y. 'kias.tS,
dith Haumann. Iron B"y and ToaIstoal
Fifth rre-thrcc- year-oia. an. ur.
i is c"P,,ol hHp.n,hi,g;n' IS fpl2@s",,i!,
3. recouI Thc Archer lDl ,Iiur-e-lr,.
n',rnpion. sIndt"l II, and Moak oJan.r
y :.'H SIN ,,.,rl a.o u,ns,.,a a.; 40
ppI;y Wlteho'. 20 ltrriHlrtuup s. 80.
|. 60. $40 won, no'g.yr. 100 rAnsnl.
20 STG5 81 Sa6SS4 sholi n Sad r'lmnsaa g ai.5
"a. ,n3l"ieF ,Hd Sh"ai eoupI'd u For
sevnn'h -:our-ye,r-olIa and M:
a.m iass,r2,n, MI '"9 9, 9s.4aEisF-wr,,i
Fd in. H.. - CIeamspl $50. ,hIri
va" 20 tnnu'fruh!"nu" SOLID
'ock kahin"or lrr" Hce.t nni Aatee
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-04-10
CHESTER HIGHS WINNING
STREAK is CONTINUED

Chester High School continued it's
winning streak by defeating the
Boys club yesterday AT Chester. by
the score OF IL to I. The Boys Club
led until the eighth inning, when the
high School boys scored nine runs.
winning the game.
Wiley WAS the star OF the game At
lat while Pcdnan pitched ~ good
game for Chester.
Yesterdays score follows:
Score: K II r..
Chester ....:..Oo01goo IL 3
i0%s, club ~ 22oo-o- IL ,
l:IttcricS: Wi!lCvSUG, -.GiuaE and
lhtChnr. IlnllnlAN NNl Enll-
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-04-10
MEN INDICTED IN BASEBALL
CONSPIRACY GIVE BOND
lHy Associatea "Esss. ]

CHICAGO. April o.--Thr"e Chicago
American League baseball players.
and carl Zork. OF St. Louis. Indicted
in connection with the 1919 world
series scandal. appeared in court
hcr. today and gave bond for their
appearance for trial.
The bali players were George Wcav-
or. Joe Jack son and Claude Williams.
Iork demanded an immediate trial.
He stated he occasionally had bet on
bali games. but he denied he was
ever member Of gambling SYM
d.catc OF was in any way concerned
ia thc rNing Of the 1919 world series.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-04-10
New Jersey Governor
Sanctions Big Battle
lBy United Press. !

JERSEY CITY. April y-.A.,
long as the bout is conducted In
AN orderly manner according TO
the boxing law. IL Will hc "A good
thing for New jersey. II has nay
approval" Governor Edward / I'd
wards told the United Press today
when notified that Tex Richard
had selected New Jersey grounds
for the Dempsey Carpenter fight.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-04-10
LOOSE PLAYING CAUSES
12-T0-8 DEFEAT OF V, M.

LEXINGTON. VA. Aprn e-Ths
loose playing OF tho Cadets in the
hrst and ninth innings gave the game
to Carnegie Tech today By score
of ~ to s.
Two errors. TWO singles and Cappea
homer gained dv. talIicH for Tech
ia the first frame. and they circlsd
in the last
stuart played stellar ncldin-
game for Il. NJ T. and clouted out a
homer in the ninth which brought In
two men.
Score :: innings. L
V NJ /. .20OOO02 as
Carnegie Tech ...5ioO0Qi0 5-ia
Batteries. Y. NJ l.. Rage and sum
ncrs: Tech. McCaw ana Rice ana
Irwin
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-04-10
CHRlSTO-C0lA DEFEATS
UNION ENVELOPE, II TO 3

christie Cola. OF the ImpS rial
League. took the Union Envelope team
into camp yesterday. lay the score OF
game.
III" soft drink boys used their on
;lr. list uf players aud strengthened
their weak potnts considerably They
arc III fin" condition for the opening
Ct tn" scaSou next Saturday.
Yesterdays score follows:
= Cola ......O So o 0N-il . .
u. Envelope. % q , q q or0-- : =
Batteries; Stechler. RoucsS, Wood
and Patterson: Priddy and Caudlc.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-04-10
liberty COUNCIL BEATS
SOUTH SIDE GRAYS EASILY

The team representing Liberty
ouucil, In the Central League had
ttlc trOuhi" in defeating the South
idc irays yesterday afternoon, the
amo 'iuai'y ending with the seor.
3 to : in favor OF Liberty Council
The playing 90 Lutte and hitting OF
atlctt cook ana L'vcSus stood out
IS features OF the ~hrc.
Batteries: Liberty Council ~ |.
reen and r.. Green. Manchester
rays Vest and Hclchrr.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-04-10
ruucts Drr.k I,rcord.

STATNTO% VA. ApTil 9.--Waitcr
cutz broke his own stat" record Of
- feet inches by hoaVinE the shot
: feet 10 inches in tho intcrcorn pa ny
cid day h"ld n stanton Military
.cadcmy this afternoon. Eeni2 l. st
ear broke the Southern lntcrcoI-
nEiatc Associations record when he
rr!sd Ia" weights 81 feet inches
; the University Of Virginia as q
lcInbcr OF the s. NJ. A. field team.
.nntZ lis from Now Orlnnns Ii
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-04-10
Darlington Pitches No
Hit Game for Danville

DANVILLE. VA. April o.-Dan-
Vile High SchOo! baseball team
won itS third successive victory
today. defeating Lynchburg High
School. ! TO %.
Pitcher Darlington. FOE the 10
Gals. gave Il stellar exhibition In :;
no-hit. no-run game. striking out
fifteen men. In two innings he
retired the side. allowing only six
men to face him.
Score by innings: T. H. T.
LynchbuyE 900 O00 00o-O II -
Danylll. 80. 900 DOL cox :;
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-04-10
WOODBERRY FOREST is
DEFEATED BY INQUIRIES

ORANGE. VA. April .. MCt;uirc's
school defeated Woodberry Forcs;
hero to-day In an exciting game OF
hascta.l ty the score Of : TO ; With
bases loaded in the ninth inning
Reams. McGuirc's husky pltcncr.
struck out two Woodbcrry trtttcrs.
The RrhmOnd team made eight hits
and three errors. Wuodborry made
SIX hits aud three errors.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-04-10
,>nn.nx on, Oct. Leather.

KANSAS CITY MO. April 2--fiar-
old feathers, shorjstop for tn" Chit
cage National League club. was re-
leased tonight To the local American
Association team.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-04-10
RERIlEI.EY. CA.

BEI< ELEY. CAL. April p.-Track
and field athletes OF the University
of California overwhelmed the Uni
versity Of Michigan representatives.
~ /" - points here today. The
visiting team placed first III only two
events
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-04-10
MIDLOTHIAN LOSES GAME q,
BY CLOSE SCORE OF 3 Toll

Edecworth defeated tho strong
Midlothiln team yesterday by tic
game. The game was featured by the
Gliding % Clazcbrook ana Childs and
ta' oicthinE OF Moore for the win
ncrS. aud pitching OF Dickerson for
Midlothian.
Yesterdays score follows:
r.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-04-10
College Results

=. Al, Durham. y. C.: Maryland. .:
Trinity. 3
AZ Wake Forest, y C.; North Caro-
The herald and news. [volume] (Newberry S.C.) 1903-1937, 1921-08-09
THE HERALD AND NEWS

Of the number Of candidates eSp!cd
men who have lived in this section
pencil and notebook in hand. He
greeted me by name, though | had
never seen him before, conversed very
soclably after the manner of candi-
dates, then said almost sub vocc.
"Tell me something Of the great
men who have lived in this section
and Of some Of the battles fought on
its soil, l want to use the information
III my speech today
The country, sir" said l, 'has
never been sufficiently enlightened to
produce great man who still lives,
or to appreciate any dead ones it may
have had. AS to battlegrounds, they
sleep in the public cemetery of obllv-
ion. Tell them of the unbroken peace
they have enjoyed, Of the unremlttlng
oppression of capitalists which they
have been too law-abiding to resist;
tell them that your platform is to
fettcr capital, reduce taxes ard in
crease the price of cotton and If you
make them believe it, every Adam S
son Of them will vote for you. What
ever YOU do, however, do not confuse
their minds by alluding to any fact
Of history dating further back than
the acts of the man who opposes you
for the office to. which you aspire"
GA good idea," he exclaimed, Il
never cared anything about history
myself. In fact l am one of the peo-
pie and we are engaged with the
practical facts of the present and not
the dead ones of the past"
The sweetness Of my irony Was lo5t
on the desert air, and he was elected.
Listen! Have you a poets ear though
it may be as faulty as mlne* Downs,
Jonathan Downs that stone IN he
runnel is better citizen than some of
Csl olina's children who have held Of
fec, it whispered the name of one
who made it possible for them to hold
Office under the laws Of a great repub-
lie, and to whom the people owe, a
great debt Of gratitude.
The herald and news. [volume] (Newberry S.C.) 1903-1937, 1921-08-09

Trade and pleasure week vas a
success, even if there were not the
large crowds here that we expected.
Those that came came primarily TO
take advantage of the real bargains
that the merchants offered during the
week and they bought and that was
what the merchants wanted. The
prices for staple goods were attrac-
tive and the people read the papers.
The rain interfered somewhat with
the pleasure events, but we think the
ball games came off all right, and
that is the thing the people want at
this time.
The herald and news. [volume] (Newberry S.C.) 1903-1937, 1921-08-09

Read that article on the Importance
of protecting the song birds and the
other harmless and pretty birds that
we have in this section, but that are
becoming scarce, and when you have
read the article we are sure you will
take more thought about the real
necessity of protecting these fowls
of the air, if for 10 other than a sell
fish reason.
The herald and news. [volume] (Newberry S.C.) 1903-1937, 1921-08-09
OVER TIE HILLS Of RABUN

@ OVER TIE HILL S Of RABON '%
- =. % Is % q o e, Is 6. -, % % % I. o
j. w. Daniel in Southern Chr a /
Advocate.
Did thc-ol Scotch-I,i=h sctt,e-5
h1iae that name with them, CT did
they coin it in Laurens? No one
will ever know. l believe, however,,
that the name originate! in the coun-
ty and from the lips CT the old set
tier on the banks Of ehe purliu :
cream. North ard South Rabun
leave the bases of the hills Of the CEN
tral part cf the county. Rabun, how
ever, Ike SO many CT our words has
had tie cruel treatment by Southern
tongues. Why did they not write
and pronounce it tly-Ray-
burn? Oh, Just because We seem to
have natural aversion to the letter
"r. We Like to say do instead of
door, 20 instead Of poor and gov'mcnt
instead Of government. l often feel
sorry for the little letter 81 Sou
them tongues will nct recognize it a.
c2c:a::; equal with the other letters
Of the alphabet, it is eliminated and
grossly ignored in enunciat;o on. We
would net Ike to be treated that way
erd ! will not treat the name written
on my native soil 50 impolitely. Par
don ne if l am an i@onoclast III this
particular .rcwrlte it Rayburn.
The Ray scientifically, is specie of
fiat fsh; the Scotch settlers frequent
ly called the Spr-bream or as We say
Tho Sun, ,,rc!i, 4 Ray. Barn is Scotch
70. branch or creek. North and
South Raybuln were full Of Sun
perch. | have seen them. Some old
Scotch -Irishman, perhaps, with his
mind and heart full Of the memories
begotten by the burns Of Northern
Ireland mus: have named the creek
Rayburn. and as he ate the golden
The herald and news. [volume] (Newberry S.C.) 1903-1937, 1921-08-09

the federal reserve board during the
past 18 months or more were attack
ed today before joint congressional
committee by John Shelton Williams,
former comptroller of the currency,
who charged that the board had dis
played undue favoritism in lending 10
New York. banking groups while Sou
therE and Western borrowers were
unduly curtailed. There was "abun-
dant ground for complaints of dis
elimination By farmers generally he
added.
The congressional committee was
appointed. to inquire into the agrl-
cultural situation and summoned Mr..
Williams in connection with its irves-
tigation into credit facilities for far
mers.
Many of Mr.. Williams assertions
were challenged in cross examination
by Representative Ogden Mills (Rc-
publican) of New York, 4 commics!oa
member, who was armed with vol
umes of Statistics. The clashes re-
quired commission rulings time and
again. during the examination G2v-
ernor Harding of the reserve board
and several other of it's officials were
present. Mr.. Williams statement was
urcompletcd after a six hour session.
In December, 1919, Mr.. Williams
said, one New York state banking in
stitut;on which he described as
e'known fer speculative activ ties; "
borrowed S13O,Oo0,O00 through The
New York federal reserve bank. No
law was broken he said, ont several
other New York banks, ''in hard and
in good times" were allowed to hold
out large amounts of reserve loans,
while Western and Southern borrow
els were being pressed to rcalcc
lcars. Mr.. Williams read memoranda
and letters interchangcd between him
self and Governor Harding ever the
situation, of which he complained.
The board, adopting the policy OF
forcing up interest rates, he SAID, was
indirectly responsible for 80 pc lceTt
interest charges prevailing cn the
New York money markets, ana this
drained off funds from the farming
sections" Mr.. Mills met him at this
stage with series of statistics terd-
ing to show that Richmond, M;nne-
apolis, Dallas, Atlanta, Kansas City
and st. Louis banks wee borrowing
much greater sums propo1t:c2accly
than New York institutions.
NEYcu've seen the hgure5 Invent
you?" Mr.. Mills demanded duc::~rg in
terchanges in which Mr.'Willia1rs told
him to ego to the reserve board for
The statements.Y I
!. One borrower .,ofs call fmorey h.d
to pay 200 per cent to get $1,000
0OO loan, Mr.. Williams said, ,althoU n
Mr.. Mills insisted he had ml2:Hter-
preted the arrangement, and inc
charge was 25 per cent. At the same
time, he added, Western institutions
were '"obliged to put up
collateral of 100 t6 200 per cent in
excess of the amounts they got" {.
''Give US one example of that" "
Chairman Anderson instructed the
witness, but after an Interchange, Mr..
Williams repeated resoorse, "Ges it
from the reserve board" was accepted
as iral. y
Mr. Mills likewise went into rules
e-te5iched by the board for c-cd.tt
control and the creation by 1t as a
"sasic lise' which determined a
banks borrowing limit. Cover or
Harding will follow M. Williams,
probably tomorrow.