Richmond Palladium (Daily), Volume 35, Number 6, 13 November 1909 — Page 8

THE RICHMOND PAI1I1ADIUM. AND STTS'-TPXEGRAM, SATT7RDAT, NOVEMBER 13, 1909. ALDRICH OBJECTS TO FOREIGN BANKS TIGHT W ADO THE MONK IS THIS ALL THE vw yes, r isn't WELL TO EAT TOO MUCH MEAT N THE TH6T SAY THAT MOST ritM luu y eKiXE CQMES FROM Boss of Senate Tells Financiers That America Must Stand Alone. dkoughx home . HOT WEATHER'.; fcAl 1Mb , IS THAT WH (VRE SO HEALTHY STRINGENT LEGISLATION 18 FAVORED BY RHODE ISLAND 8TATE8MAN AND HE FAVOR8 "PUTTING UP THE BARS" 18 AGAINST A TRIBUTE.

PAGE EIGHT

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Minneapolis, Minn., Nov. 13. With the United States firmly Intrenched as the great creditor nation of the world, the chief point to be looked after in financial legislation by congress is the establishment of a banking system that will take the profit of foreign exchanges from English banks and give It to Americans. This was the substance of an address delivered last night before the bankers of Minneapolis and St Paul by United States Senator Aldrich, chairman of the joint congressional finance commission, who is traveling about the country feeling the pulse of financiers as to their needs in connection with proposed financial legislation. Though he did not say so outright the inference was that foreign bankers have too much influence over American bankers. Senator Aldrich declared that of the $2,000,000,000 worth of goods which we send out of the country every year. 90

per cent is forwarded by foreign banks. "Now," he added, "we are becoming such a creditor nation and the men who come here are growing to be so prosperous, that in another generation I do not know where you are going to find borrowers. You may find an impecunious railroad 'occasionally, I suppose, in want of money. All Americans Capitalists. ' "But everybody, it seems to me, has become a capitalist in this country. And I think, In any event, that we can have a much more satisfactory credit organization with reference to our foreign business, than now exists. The time will come in the future when the banks of the United States, I trust, will do this business and make the profit, instead of permitting foreign institutions to do so." Taking advantage of the fact that a large percentage of the population of this section of the country is of Scandinavian origin. Senator Aldrich took occasion at night, in his after dinner speech, to review the Swedish banking system as worthy of study in any effort at reforming our own system. He said that a most important change had taken place in Sweden within the last few years, and he instanced it with the view, evidently, of showing that there might not be such great difficulty in bringing ordinary banks to accept a central bank issue if decided to be de sirable. Central Bank Good for Sweden. Saying that the central bank system had been adopted in Sweden in 1902, he told how the twenty-seven banks which had the right to issue had been brought to surrender the right by what he termed "a most peculiar provision" requiring the national bank to discount the paper of other hanks of issue at a constantly diminishing rate and ending in 1911 at 2 per cent less than the current rates. As a consequence of this law the small banks had he said. Immediately surrendered their note circulation, with the result that now there is but the one bank, the central, which enjoys the right of issue. Reference was also made to the banking system in vogue in other countries of Europe, where the central bank idea uniformly prevails, but not, as the speaker was careful to explain, with a view of Influencing the views of any one. No Pet Schemes, Says Senator. Here, as elsewhere, Mr. Aldrich disclaimed any desire for a sectional banking system or for a system that could be utilized by politicians. He would have a system that would serve the trade demands of the country, domestic and foreign, and he would have It of uniform and universal beneficence. He asserted that the commission was working to this end, but declared that so far neither the commission nor any member of it had developed any pet scheme which it or he desired to promote. "We are striving to find the best possible way out of our difficulties," he said, "and we want your help and support in this effort." F. M. Prince, president of the Minneapolis clearing-house, presided over the meeting. There was no lack of enthusiasm at either the day or the night gathering. Easy to bay. easy to try, the best wholesome, appetizing breakfast is Mrs. Austin's famous pancakes. now it mm President Taft Returned to the Capital and to His Duties. HOBO ON SPECIAL TRAIN (American News Service) Washington, Nov. 13. Taft arrived at ten-thirty o'clock this morning and resumed his official duties. While the president's train was enroute from Connecticut a hobo boarded the president's car and locked himself In the kitchen. He was discovered by Detective Jim Sloan and turned over to the Bridgeport police. He refused to give his name or address-

THE NNE GO 1 OOMY KNOW r.VE SEEM. MY E-PPETITE SO A FAST MAIL ADDED Pennsylvania Will Establish Quick Service Out of New York. ANNOUNCEMENT JUST P"DE Indianapolis, Nov. 13. The establishment of another eighteen-hour mail service trail between Indianapolis and New York by the Pennsylvania lines, announcement of which was received in this city yesterday, will place Indianapolis business men whose correspondence goes to Eastern cities in a more direct communication with the East than the service has ever permitted before. The new train will be exclusively for mail service and will start from "New York Sunday afternoon at 2:50 o'clock. This train will reach Indianapolis at 8:05 o'clock the following morning, in time for mail to reach busi ness houses here for the morning delivery, thereby enabling an answer to Eastern correspondence to reach its destination on the following day. Heretofore the service between Indianapolis and New York has been such that mall has been delivered in this city too late to have a reply on its way during the same day. Information concerning the establishment of the new train was received here yesterday by A. J. Ball, chief clerk of the railway mail service, who had been in communication with officials of the service in Cincinnati. Makes Trip in Twenty-Four Hours. The new train is to be known at No. 45. It will run from New York to St. Louis, establishing another twenty-four hour mail service between those two cities. For a number of years the Pennsylvania lines has had a train known as No. 11. an exclusive mail train, which has made the run from New York to St Louis in twentyfour hours. This train will not be disturbed. It will continue to leave New York at 2:45 a. m., arriving in Indianapolis at 8:05 the following evening, and reaching St Louis at 1:45 the following morning. With the installation of the new schedule Indianapolis will have four daily trains from New York carrying mail, giving a better service than It has had heretofore. The mail from New York on the Pennsylvania will reach this city as follows: 12, noon; 8:05 a. m., 2:15 a. m. and 8:05 p. m. IS TYPHOID FEVER The case of Malcolm F. Robbins, who has been seriously ill at his home on North Tenth street, has finally been diagnosed by the physicians as typhoid fever. For the past week the doctors have been unable to determine the nature of the disease and have been greatly- puzzled over the case. The young man is in a critical condition, his fever being very high.

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WE'D BE HEALTHIER.

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TABLE HUNGRY

MONEY WE'D Save!

I WAS SURPRISED TO SEE You gorge that way fter WHAT YOU 3AID THIS MORNING

VMHEN HU6Ar4D5 GOOD MONITOR PUBLISHED First Publication of the Y. M. C. A. Paper Is Now Distributed. IT CONTAINS FOUR PAGES "The Monitor," the Young Men's Christian Association publication, made its first appearance today. It is a four page sheet, three of which are devoted to news and one to advertisements. The paper is devoted entirely to association news. Abou two thousand copies were mailed out to members and friends today. In respect to the Sunday afternoon service, November 21, the Monitor says: Every man in Richmond should hear Adrian M. Newens Sunday af emooa at. 3 o'clock, November 21. Mr. Newens is one of the great artist who is able to present manv characters in one continuous story or play. venture to say, that few know the f'Jl force of the story of the "Sky P'lot" until they have heard Mr. Newens present it. Some ci itics have sa'd "It is little short of marvellous the way he handles this western story." Don't fail to hear Mr. Newens iu the .Association gymnasium on the date above mentioned. Admission free. You don't have to be a member of anything in order to hoar Newens. TO BE COSTLY CASE County Must Pay $50 to Try a $25 Suit on Claim in the Circuit Court. DR. WAMPLER PLAINTIFF Justice will have its way and according to present arrangements it will cost Wayne county $50 to try a case in which $25 is involved. The case is that of J. M. Wampler against Mrs. Fleming, daughter of the later Prof. Cyrus Hodgin who obtained much publicity when she made an unsuccesful attempt to break the will of her father. The case in which Dr. Wampler is interested is an outgrowth of the will case, as Dr. Wampler alleges that he was to receive $25 for services rendered during that trial. The case came to the circuit court on a change of venue from 'Squire Hanson's justice of peace court of Dalton township. The plaintiff lost in

AYER'S HAIR VIGOR frf"- cS'xsrjSsr-rss: show doctor.

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OH.BT THfWAl-l ATE. ONE THE SMITH ; AND DfNNER ToniCmt! WE.LL, IT DlDMT COST US Anything, DID it? POSTOFFICE CHANGE Made Necessary by New Schedule for Pennsylvania Mail Trains. IT IS EFFECTIVE MONDAY Owing to the change in the sched ule of the arrival of the Pennsylvania trains from the east which takes effect Monday, the mail deliveries will be changed for the benefit of the business men. It is probable that the clerical and carrier forces will have to be increased in order to handle the mail quickly after Monday. The change is due to the arrival of No. 45, a fast mail train from New York, at 6:15 o'clock in the morning, bringing in mail which formerly arrived at 10:15 in the morning. This mail is especially heavy, averaging about 3,000 letters a day. While it will be impossible to get all of this mail out on the first business delivery at 7 o'clock, yet it will be delivered before 10 o'clock. The rural route carriers will not leave after Monday until 7:30 o'clock, or thereabouts. The 11:10 o'clock business delivery will be discontinued. Under the new schedule merchants will be able to make replies to eastern, mail the same day, in time to be delivered in New York the following day. the smaller court D. W. Mason, the Hagerstown attorney, who represents the defendant asked that a jury trial be held in the circuit court, which arrangement does not meet with the entire approval of T. J. Study, his associate counsel. The case was to have been heard this morning but it was postponed until some time in December. WAS HURT BY PRANK As the result of a playful prank on the part of a fellow employe at Pogue, Miller and Company on Fort Wayne avenue, Lawrence Osmer, aged 22 years and living at 130 Maple street almost suffered the loss of an eye. Osmer asked for a screwdriver and one of the employes across the room threw the tool at him with considerable force. The point of the screwdriver struck the young man in the right eye, but fortunately went under the eyeball. He was taken to Dr. Kinsey's office immediately where medical attention was given him. The wound is a very painful one but it is thought the eyesight can be saved. AHateVhgrJwta trace of tedntf fecit and wswaiaomi

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CINCINNATI HAS A BIG EXPLOSION

Hydrogen Gas for Balloons Goes Up at the Latonia Race Track. ONE VICTIM WAS CLAIMED WATCHMAN THRUSTS LIGHTED LANTERN INTO TANK WHILE HUNTING FOR THE COVER TO A MANHOLE HE WILL DIE. Latonia Race Track, Ky., Nov. 13. A terrific- explosion of hydrogen gas occurred here early today, shattering the windows for miles around and for a time threatening to set fire to the monster dirigible balloons being inflated today for a race to the Atlantic coast. Pilot Howard of the "Cincinnati," prevented seriou results by severing the blazing tubes which connected the generators to the balloons. Jake Burke, a stable hand, employed to watch the generators, thrusted a lighted lantern into the massive gas tank, in search of a cover to a manhole. Burke is in the hospital. Both eyes are blown out and almost every bone in his body is fractured. He can not recover. CEMETERY OFFICERS (Palladium Special) Milton, Ind., Nov. 13. The following are the newly elected officers of the Woman's cemetery association here: President, Mrs. Alice Gresh; vica president, Mrs. John Ferguson: recording secretary, Miss Sarah Roberts; corresponding secretary, Mrs. AHcj DuGranrut; treasurer, Mrs. L. F. Lantz. Executive committee, Mrs. L. A. Bragg, Mrs. Morton Warren, Mrs. D H. Warren, Mrs. Jacob Murley, Miss Mary Roberts. The amount paid to the treasurer the last year was $1S9.CI. Amount expended, $11)5.38. Balancfs in treasury, $24. The money was expended in keeping the grounds mowed and in beautifying them. Famous Famines. In A. D. 450 famine prevailed all over the south of Europe, raglnj worst in Italy, where parents ate their children. In 739 England, Scotland and Wales were ravaged; also in 823. when thousands starred, and in 954. when the crops failed for four successive years. In 1016 an awful famine raged throughout all Europe and again from 1193 to 1195. when crop failures caused terrible suffering. In England and France the people ate the flesh of dogs and cats, and many cases of cannibalism were recorded. Buckwheat cakes made from Walter's Buckwheat Flour have the good old fashioned flavor. Order from your grocer.

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UNIQUE WEATHER MAKES CITIZENS OVERLOOK WINTER (Continued From Page One.)

pear to enjoy this weather and seem thicker than usual. In several instances, screens, which were removed weeks ago, have been removed from their winter quarters in the garret, dusted off, and put in use again, for how long a time remains to be seen. The coal man alone is dissatisfied. But the exhilarating weather has such a visable effect on his good nature that even he, too, casts his business cares to the wind and joins the others in the joy of living in such a climate. BROTHER IS KILLED Word has been received by Mrs. O. S. Harrison of the death of her brother William Caho, of St. Louis, who was killed in a street car accident yesterday morning. This is the second violent death in the family, Mrs. Harrison's older brother being killed three years ago at Dayton by being run down by a railroad train. Mr. Caho was a traveling man and was well known in this city. He formerly resided at Dayton. He Is survived by his wife and one son, and two sisters. TRIAL BATE IS SET The case of Irvin Warren of Milton who was partially scalped while attending a performance at the Palace Amusement Co., last summer, against that company for damages, will be tried in the circuit court. December 17. The case was finally set at issue by the counsel for the defendant's filing a general denial to the complaint. CANT KEEP OUT OF IT. After being in the fuel business for so many years, it has been very hard for William Dicks to stay out of it. By the advice of friends be has again put out bis sign. He will not open up a yard, but will take orders at his house. No. 112 N. 7th St, for either hard or soft coal of the best quality, and will be able to make prompt delivery for any quantity. He will be glad to supply all his old friends and customers. Telephone number 1S27.

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Head of Press Service Denies Speaker's Story of Promised Support. SAYS HE MUST BE CRAZY. (American News Service) New York, Nov. 13. Hermann Rid. der. president of the American Pub Ushers Association today ismied a re ply to Speaker Cannon's statement during his speech at Itloomlngton last night, in which Cannon declared h was offered the support of the Asso rlation's newspapers for the presidency if he would railroad the wood pulp free schedule through congress. RUfe der says it is false and absurd. He says Cannon must be crazy to maka such a statement. He did not pledga him even the support of his own pa per, Ridder staled. TEACHERS ARE HAPPY. Teachers of Wayne township were) made happy today as township trus tee gave them their pin money, earn ed during the past month. menta to your entire aatiaJktetioa. neraowai iadepawaeatc mm a back account. OVU MrilOM AND FKOTECT YOU from aaaojiDf bb4 orgeat creditora. Siring job ladepeadeace. Ton are ina enabled to transact yoar erf Tat yt business oa a cash basis. We fcav rvl bright, cheerful priTate eAVes in which yon caa talk to us ooaSdaaW kX laUy. ff A conrteoas reeention aMil. I'i whenever job naay taror as wita a INDIANA LOAN CO. 3rd Floor Colonial Bldg BUAIir 44 DAAU Mk . UDLE

Wife lil tfUm SJ U Ju Beed money tor mmy porm Xj we will make jam m Umm, aUowinc jmm I f. toarranre the weeklTeraHNithlTMT.

GOOD LUMDER nnmiivr nnivnw

MONEY'S WORTH