Richmond Palladium (Daily), Volume 36, Number 320, 24 September 1911 — Page 8

PAGE EIGHT.

THE RICH3IOND PALIiADIUJI AND SUX-TEIjEGRAM, SUNDAY, SEPTE3IBER 24, 1911.

BANKERS WAITING MOIIETMHEARIIIG Meeting in Washington Next "Month Will Be an Im1 porta nt One. BY JONATHAN WINFIELD. WASHINGTON. Sept. 23. Bankers throughout the United State's are greatly interested in an event that will take place In Washington next month, vhich deals with the currency laws, js'o meeting in Washington in recent years hat been announced which meann so much to the country's financial men as the public hearing to be held by the National Monetary C0..1 mission at that time. Aside from the wide interent displayed by bankers, the hearings will ibe followed clonely by laboring men. business men, and the general pubilic. These hearings are to be held to !et the opinions of men versed in liInancial matters on how to reform the ibanfclnK and currency laws of ths country. The hearings will have a ' ictrong besring upon the future action 'of congress in monetary legislation.

As a result of the large amount of ex.pert information obtained from thtee hearings, shape will be givn to proposed legislation, which the commission will recommend to congrem next winter. Another feature probably, to be developed, will be plans for i modiification of the Aldrich plan for -x NaItlonal Reserve Association. Aldrich lis vexed it Is reported, at what he understands to be an attempt to discredit I his reserve plan. One of the features 'of his displeasure Is the movement, which h3d Its origin in Chicago, iwhereby it was decided that his name should be dropped from all connection with thye project. At the same tme Mr. Aldrich does not deny he is especially anxious that currency .eglslation be enacted along the general l.nes (laid down by hlrn. Aldrich Sagacious. Those who are familiar, however, with all the developments In the matter, assert that Mr. Aldrich Is too sagacious to openly fight the proposed modifications. The former Senator would not take any step that would .ultimately defeat the general project. State banks end trust companies will receive liberal attention at this hearing. .These will come up for discussion in the consideration of the difficult problem of how to arrange for them to participate in any reorganization of the currency. Then there is another interesting matter to be considered. That is the growing Jealousy shown by National banks in the increasing business of the State banks. Out of this state of affairs looms the determination on the part of the National banks to insist upon a clause in any currency reform

Could You Picture a Prettier Place for your Home Than Reeueston Place ? The streets will be wide with beautiful shrubbery to adorn the parkways; with, a building line so your view will not be obstructed by any other improvement; which allows at least 150 feet across the street to wour neighbor's place; where no objectionable building may be placed; where your neighbor must construct a good home; where forest and foliage lend grandeur and beauty to the dearest and sweetest spot on earth HOME. . flat

THE THONCS That Make Reeveston Place Lots

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that will compel state banks to submit to regulations equal to those governing national banks. Much interest will be shown by bankers in every city, town and village of the United States. The hearings will be of vital importance to all financiers, and the subjects to be discussed will outrank; in interest political affairs for the time being in the Capital. Unification of Credit. The NationaJ Reserve Association is Intended to be'a great unification of the credit of the banking institution of the nation. If it is to be as strong as hoped for, state banks and trust companies must be brought into it. Taxation of note issues is another question that will come up. Mr. Aidrich favors the plan of levying a tax on note issues . There is a well established precedent, it is pointed out, to the effect that Congress is never willing to accept the report of any commission." After men who may be experts In their lines hold profound discussions over a particular subject, Congress, with nonchalant dignity, comes along, takes up the matter at hand with something akin to aggravating indifference, and may or may not finally pass a much-abbreviated copy of the original bill. That is the situation that confronts the currency reformers in their movement to amend the mon

etary laws. It is expected that after the commission completes its deliberations, it will incorporate its findings in the form of a bill in Congress, as soon as Congress gets the bill, hearings will be held by the House Hanking and Currency Committee, and the Senate Finance committee to consider the measure. LUGGAGE IN ENGLAND. Non of It Goes Astray Because the People Are All Very Honest. Certain strangers within our gates have been wondering at our dealing with passengers' luggage how much better the system of other countries, where you get a receipt and when the bag goes astray the official assures you it is impossible because there is the receipt. So you go to bed and get up and dress in your bit of paper. Our method is insular and on the face of it chaotic. We throw our luggage to the mercy of some unknown porter. At the end of the journey we find a sort of lucky tub of portable property piled on the platform, and we plunge about and pick out what we want. Tou know the scene a hundred people who have only to say "That's mine" to a strange porter in order to get it. Thus badly stated the system looks like chaos and the invitation to a general scramble for other men's goods. In practice it works out well, for erery one, from porter to passenger, is on his honor. - and this is the point luggage in England is safer than in any other civilized couutry. Westminster Gazette. Palladium Want Ads Pay. 21 I 1 r

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THE

APPEAL TO CR0WN1sicimes

King George Asked to Stop Johnson-Wells Mill. (National Mews Association) LONDON, Sept. 23 The aid of King George V., may be invoked to stop the proposed prize fight between Jack Johnson, the negro champion, and Bombardier Wells, at Earlscourt exhibition hall on October 22. Lord Mayor Strong of London, announced today that he and the Bishop of London would go to Balmoral, Scotland, on Wednesday to present to Home Secretary Churchill their memorial of protest against the fight. Thousands of names have been attached to the antifight petition. King George is a Balmoral and the home secretary will be there on Wednesday for a conference. It is suggested that an appeal be made directly to King George while the leaders of the anti-fight agitation are at the fountainhead of the British government. Th Lau?h on Cc'ison. There are many stories of Kdison One of his early childhood is records on the authority of his only -sistci When he was about six years old b found out that n goose belonging It the family was sitting. Later be saw the surprising result in a number ot goslings. ODe day be was missing. He was sought everywhere, but no one could And him until at length bis father discovered him in the barn curled' up iu a nest he had made and filled with goose eggs and hen eggs He was sitting on the eggs and tryiSg to hatch them! Lyndon Tatler. Synonmys. The French Canadian always has trouble with the aspirate "th." At a debating club in the province of Quebec members were required to draw a slip from a hnt and debate upon the subject they received. A young countryman arose. "I have drew the word 'bat. I must told you dere is two. tree different kind of bat. Dere is de bat wot you play tfie baseball wit. de bat wot fly in de air at night and also de bat where you take de swim." Success Magazine. After tha Honeymoon. "Anyhow. Jack, you cannot say that I ran after you at the time of our marriage." "Yon never spoke a truer word. Maria, but neither does the mousetrap run after the mouse, yet it catches It all the same." Shorn. "Miss Ella, was your bazaar a suetess?" "Glorious! All the men had to walk home!" Meggendorfer Blatter. Sealing wax was tirst impressed upon a letter that was sent from Loii-J don to Germany in 1."4. Surrouuded By 1 I I! I 5

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(National News Association) CATANIA, SicUy, Sept 23. The lava flow from Mt Etna has ceased and the refugees whose homes were not destroyed by the molten river are returning. Today a delegation of deputies visited the scene. They will present a measure calling for an appropriation for the homeless and destitute victims. They declare that Italy wants no outside aid. Heavy rains are falling, causing vast clouds of steam to arise from the lava high up on the mountain side.

Tho Steamboat. Fulton himself said one day: "Neither M. Desblancx nor 1 invented the steamboat. If that glory belongs to any one it is to the author of the experiments at Lyons of the experiments made In 1783 on the Saone." The one Fulton bad in mind and to whom he thus generously rendered the "glory" was the Marquis de Jouffray. born in 1751. fourteen years before the year of Fulton's birth. Jouffray's claim to be regarded as the inventor of the steamboat stands thus: His vessel, built in 1783. notwithstanding its faulty construction, embodied all the elements essential to success. In it he anticipated Watts' invention of a steam engine having a constant and unremitting action. Lack of funds was the only thing that stood in the way of his gettng all the honors that came later to Robert Fulton. New York American. Hoist With His Own Petard. Matthew Hopkins, witch finder, was nimself tried by his own tests and put to death as a wizard Genuine STRAIGHT CREEK COAL Independent Ice & Fuel Co. Low One Way fares VIA C. & 0. TO Alberta, Montana, Arizona, Nevada. British Columbia, New f. zo, California, Oregon, Cc.orado, Saskatchewan, Idaho-, Texas," Mexico, Utah, Wyoming, Washington. On sale daily to October 15th inclusive. Call on, or address, C. A. BLAIR, Agent. Home Tel. 2062. I

Richmond's Most

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PLAT OF REEVESTON PLACE

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Wonderful Insight. -A negro having won a dollar at a crap game decided to spend it on having his fortune toW. The fortune teller led him Into a gloomy room with dirty hangings and misty red lights. She took his palm, traced it with a dollar, spread out her cards and then said: "Tou are very fond of music; you like chicken; you have won money at craps, and you have been In jail." The negro looked at her with bulging eyes and finally ejaculated. "Mah goodness, lady; why you jest read man inmost thoughts:" Argonaut.

Orang Uten. The large anthropoids of Borneo and Sumatra are usually called orang outanga. This form, it seems, is not correct Orang signifies man and outang. or utang, debt, something owing; so that orang utang would simply mean a man in debt The correct Malay name is orang utan. or outan. This signifies the forest man in distinction to orang dusuin. or village (civilized man. Refined Homes STREET

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MOORS DEFEATED BY SPANISH SOLDIERY

(National News Associatlon GIBRALTAR. Sept. 23. Spanish soldiers in Morocco have inflicted a crushing defeat upon rebellious tribesmen. In a battle near Tautarit, between Moors and an expeditionary force of Spanish troops the former were defeated with enormous loss of life, according to dispatches received. The Spaniards lost eight soldiers while ten officers and forty soldiers were wounded. MAKING FRIENDS. Blessed are they who have the gift of making friends, for it is one of God's best gifts. It involves many things, but, above all, the power of going out of oneself and seeing and appreciating whatever is noble and loving in another. Thomas Hughes. If YouWcrc to Die TOMORROW

Whom Would You Prefer

Some person, inexperienced with the handling of estates, who is entirely dependent on his or her individual judgment. OR A strong company like Dickinson Trust Company, with large capital, perpetual existence, experienced officers and whose acts are strictly impartial. THE EXPENSE Is no greater for the superior service which we offer you. Why not have it.

Give Vs Your Businsss

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THE PUBLDC is again invited to spend the day at Reeveston Place Come early, bring your dinners and enjoy the beautiful lawns and flowers and trees. Do not fail to view Richmond from the tower of the old Homestead. Representatives will be at the old homestead all day to show you through and about the grounds. Get in touch with us at once. Use our automobiles; they are at your service. Call 2154 and make an appointment today.

Carlyts Declined th Honor. n t Among the many distinguished men who have refused honors was Thomas Carlyle. Disraeli uarertnl uim in the queen's name tbe Grand Cross ot the ; Bath, "a extinction."' writes Froude. i "never before conferred upon any Eng- ; Ush author, with a life income cor- i responding to sun a rank. Carlyle declined the honor, but he was deeply touched by the compliment the more j so as he bad frequently attacked Disraelt in his writings. Most readers will probably agree with tne verdict of the Chelsea bus conductor who said to i Froude: "Very proper of the queen to offer it. and more proper of him to say that he would have nothing to do with it Tisn't they who can do honor j to the likes of be ' London Standard- '

What Confirmed the Suspicion. Mary (angrily) I think you are the biggest fool in town. John. John (mildly) Well. Mary, my old mother used to tell me that when I was a boy growing up, but I never thought she was right about it until I married you. CO.

RICHMOND, INDIANA

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