Richmond Palladium (Daily), Volume 37, Number 109, 12 March 1912 — Page 8

PACK EIGIT

THE KICmiOND PALLADIU1I AND SUN-TEIEGRAM, TUESDAY, MARCH 12, 1013.

PEW BANKING 4 .,' i' , . .... - , 4 -

Robert L. McCabe Tells the Commercial Club that National Citizens' League System Is Safe.

(Continued from rage One.) act for the welfare of banks and public alike. The Reserve association would be the executive bead of tbe National league of competitive banks. It would bring order, system and concert of action among them; it would preside over all and stand behind each." Small Bank Protected. Mr. Cabe then went into more minute details concerning the organization as proposed, pointing out that no one section of the country would have an advantage over another, as now is the case with the East outweighing tbe remainder of tbe country. The speaker sought to Impress his audience with the proposition that under tbe proposed system tbe small bank would have tbe same protection as tbe large; that the same protection and assistance would be afforded the institution in one part of the country as one in another section and tbat there would In a general way be a great help to commercial Interests everywhere as result Andrew Carnegie, the speaker said, had once characterized the American banking ' system as the worst in tbe world, and the statement Is generally accepted, the speaker declared. "It has only been within a short time," he continued," that American people have given real thought to a change in the system which is a relic of by-gone days though still is permitted to exist. No question before the American people at this time or any time has had more vital Importance than this proposed conservation of credit; this modern system of transacting our banking business on well defined business lines. The system will emancipate our business men... farmers and manufacturers from the bondage and thraldom ot the New York stock exchange. Every prudent man can then mind his own business without watching the ticker to see what is likely to befall him. Source of Opposition. "Opposition to tbe movement comes only from those who will not inform themselves, or from those whose mental processes aro deranged by personal animosity, petty fears and antiquated prejudices. "Under present conditions country bankers are Induced by the payment of interest to deposit large portions of their reserves and unemployed funds in the banks of the central reserve cities, principally In New York. The New York banks, with their own reserves pyramided by the addition of cash from the country banks, are enabled to loan enormous sums especially to operators in Wall street to carry stocks and bonds. In this manner the funds of commerce from every section of the country are diverted Into the vortex of stock speculation and high finance. Often It Is difficult and sometimes Impossible for tbe New York banks to call in their speculation Joans so as to meet the demands of the country banks for the return of their cash needed to meet local demands for business and agricultural purposes. Then follows the annual money stringencies which sometimes deteriorate info American panics. In order that these funds may be kept out of the maelstrom of the New York atock exchange and be constantly em-

' A DOCTOR'S PRESCRIPTION. Physicians Know Logos Cough Rome dy Works and is Safe and Saving. All doctors know the value of the different ingredients which go to make up LOGOS Cough Remedy Extract. That Is why they use these same ingredients so often In their prescriptions, and why so many of them now. simply prescribe LOGOS. LOGOS Cough Remedy is an extract used to make cough syrup. You yourself make tbe syrup by adding tbe contents of a two ounce bottle of LOGOS Cough Remedy Extract to a pound of sugar dissolved in half a pint of water. Nothing could be easier, nothing simpler, and nothing more saving; for you get a full pint of logical, reliable and effective cough syrup for but little more than fifty cents, the price of tbe LOGOS Cough Remedy Extract. When you buy cough syrups ready prepared you pay about two dollars for an equal amount of cough syrup not bo good as LOGOS. See what you save when you make your household remedies at home? Follow this recipe: Dissolve one pound of sugar in half a pint of water; add two ounces of LOGOS Cough Remedy Extract; shak3 and it is ready for use. Take a teaspoonful every one to four hours as needed. ' if. you can't get LOGOS Cough Remedy Extract at your druggtet (most drug stores have it) send fifty cents in stamps to Logos Remedy Company, Fort Wayne, Ind.

ployed, in commerce drawing interest, it is now proposed to create a discount market In this country similar to those

in the commercial nations of Europe. Are Sound Securities. "With this end in view our National banks will be authorized to accept time bills of exchange representing goods in process of production or in transit from the producer to the consumer. These are known in Europe as prime bills. These bills of exchange, representing genuine commercial, industrial and agricultural transactions, are the soundest securities in which bank funds can be invested for brief periods. They are superior even to government bonds because in effect they are time money on call. In the United States banks loan largely on promissory notes which they are required to keep until maturity, because there is n open ready money for their sale. In Europe, however, a person desiring to borrow money will arrange to have his one, two, three or four months' bill of exchange accepted by his bank and then the bill can be sold at a moderate rate of discount in the open market, or in a sale of goods, the purchaser will arrange to have his bank accept the bill drawn by the shipper, who will immediately sell the bill and get his money for tbe goods sold. Thus the credit of the individual is eliminated from consideration." A Large Audience. The audience that listened to Mr. McCabe was one of the largest that has gathered in the Commercial Club rooms in a long time. Many of the new members were present and President Swayne welcomed them in a short address. The meeting was in charge of B. B. Johnson, who introduced Mr. McCabe and he was given the closet attention throughout.

RELIGIOUS SECTS ALL REPRESENTED Religious Education Is Being Discussed by Two Thousand Delegates. (National News Association) ST. LOUIS, March 12. The first session of the ninth general convention of the Religious Education association was held in the Odeon auditorium here this afternoon, and was attended by nearly two thousand delegates, representing all the important sects in the country including Catholis, Protestant and Jewish. The discussion centered on churches and pastors, the general theme being "Tbe Developing of Religious Leadership Through the Churches." Jonathan Ie Moyne Snyder, president of the Michigan Agricultural college, opened the session with an address on

! the "Training of Religious Leaders for

Church Work in Rural Communities." Mr. Snyder's discourse was followed by a discussion on the proper training of boys for leadership in religion. The meeting was concluded by a devotional service. The feature of tonight's service will be the annual address by the Presl-

, deut of tbe Religious Education asso

ciation, James Hampton Kirkland, Chancellor of Vanderbuilt University. Thomas G. Gailor, Episcopal Bishop of Tennessee, will also deliver an address. His topic will be "Our Indebtedness to Religious Leaders." Special sessions will be held tomorrow morning and aflernoon for discus-

1 sion on churches and pastors. The j general themes will be: "The Leadership of the Church in Many Fields,"

and "The Nature and Scope of Church Leadership in the Field of Education." A special session will also be held to

morrow afternoon by the Sunday school department. A meeting will also be held by the Department of Public Schools, and will be addressed by Hon. P. P. Claxton. United States Commissioner of Public Schools; Edwin G. Cooler. Special Commissioner on Vocational Training for the Chicago Association of Commerce; and H. B. Wilson, Superintendent of Schools, Decatur, 111. In the evening the second general session will be addressed by Professor Francis Pea body, of Harvard; Albert Ross Hill, president of the University of Missouri; and Charles S. MacFarland, secretary of the Federal Council of Churches of Christ in America. The general theme at this session will be; "The Field of Religious Leadership." The convention will continue for three days, during which time more than thirty meetings . are scheduled to be held.

NOTICE OF APPOINTMENT. State of Indiana, Wayne County, ss:

j Notice is hereby given, that the undersigned has been appointed administrator of the estate of Sarilda Thornburg, Deceased, late of Wayne County, Indiana. Said estate is supposed to be

solvent. George L. Thornburg, Administrator. WILL W. RELLER, Attorney.

1 12-19-28.

The Lost Pull. Mrs. Alley Your 'usband do wear s air terrible short Mrs. Slumd Yes, the coward! London Mail. The Sting In Poverty. Most anybody can stand being poor. It is baring others sorry for you that

! makes it so bad. New York Press.

' BEST AND HEALTH TO MOTHER AND CHluTMs.Wimslow' Soothiko Syri'p has been Used for over SIXTY YHAKS by MILLIONS of MOTHBKS lor their CHILURKN WHII.B TEETHING, with PERFECT SUCCESS. It SOOTHES the CHILD. SOFTENS the GUMS, ALLAYS all PAIN ; CURES WIND COLIC, and is the best remedy for DIARRHCEA. It is absolutely harmless. Be cure and ask. for Mrs. Winslow's Soothing Syrup." and take SO oUicC kind. Twenty-Jive ccuts a boltlc

IDtomdte.

Stops Falling Hair and Destroys Dandruff Makes the Hair Grow Long, Heavy and Luxuriant and We Can Quickly Prove It

If You Wish to Double the Beauty of Your Hair at Once, Just Get a 25 Cent Bottle and Try This

You can say goodbye to constipation with a clear conscience if you use Chamberlain's Tablets. Many have peen permanently cured by their use. For sale by all dealers.

Not a Transient. Hubbubs So you don't agree that the age of miracles Is past, eh? Subbubs Not on your life! There's a man out my way who has "bad the same cook for nearly a year. Philadelphia Record.

CHILDREN WHO ARE SICKLY Mothers who value their own comfort and the welfare of theirchildren, should never be without a box of Mother Vray's Sweet Powders for children, for use throughout the seanon. They Break op Colds, Relieve Kevcriahnexe, Constipation, Teething Disorders. Headache and Stomach Troubles. Used by Mothers for 33 years. TIIK.SK POWDKKMNEV'KR FAIL. Sold by all Drugstores. S.V. Don't aeervt any tiibttitnte. Sample mailed FREE. Address. Alien S. Olmsted, Le Koy, U. Y. .

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Do Yon Have Pains Here?

Your liver is torpid and congested. Schenck's Mandrake Pills afford great relief. One fair trial will convince you of their curative propertics for stomach, liver and bilious disorders. Wholly vegetable and absolutely harmless. Plain or sugar coated, 25c a box. Sold everywhere. Send postal for our free medical book and learn to prescribe for "yourself. Dr. J. H. SCHENCK & SON, PWla, Pa.

Surely try a Danderine Hair Cleanse if you wish to immediately double the beauty of your hair with little trouble and at a cost not worth mentioning just moisten a cloth with a little Danderine and draw it carefully through your hair, taking one mall strand at a time, this will cleanse the hair of dust, dirt or any excessive oil In a few moments you will be amazed. Your hair will be wavy, fluffy and abundant and possess an incomparable softness, lustre and luxuriance, the beauty and shimmer of true hair health. Besides beautifying the hair, one application of Danderine dissolves every particle of Dandruff; cleanses, purifies and invigorates the scalp, forever stopping itching and falling hair. Danderine is to the hair what fresh showers of rain and sunshine are to vegetation. It goes right to the root 3, invigorates and strengthens them. It's exhilarating, stimulating and life-producing properties cause the hair to grow abundantly long, strong and beautiful. It at once imparts a sparkling brilliancy and velvety softness to the hair, and a few weeks use will cause new hair to sprout all over the scalp. Use it every day for a short time, after which two or three times a week will be sufficient to complete whatever growth you desire. You can surely have pretty, soft, lustrous hair, and lots of it, if you will just get a 25 cent bottle of Knowlton's Danderine from any drug store or toilet counter and try it as directed.

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There are many people who never had an idea that a bed could be made so comfortable and luxurious until they tried

Puritan "Rest Easy" Double Deck Springs

These springs make the most comfortable bed in the world and are" fast replacing the hard, cumbersome box mattresses and the sagging woven wire mattresses. Better try them.

Your Richmond Furniture Dealer Can Supply You. If not write us for names of those who can.

Made by Puritan Bed Spring Co, Indianapolis.

SEVEHTH DISTRICT HOW iUMELIGHT G. O. P. Gubernatorial Race Becomes Entangled with National Politics.

CVWIadlum Special) INDIANAPOLIS, March 12. The Republican situation in the seventh district is attracting siate-wide attention because or tne ract that the gubernatorial race has become entangled in the fight for delegates to the national convention. It develops that Mayor Lew Shank, of Indianapolis, expects to make the race for the nomination for governor and that this was the real purpose of his managers in announcing his candidacy for delegate to the Chicago convention. Tbe ambition to be governor of Indiana by Mr. Shank does not set well with some of the old line Republican leaders such as Addison C. JIarris, V. H. H. Miller and other men who have been leaders in the party councils for years. These men were not especially well impressed in the first place, when it was proposed to send Shank to the national convention, instead of some more representative Indianapolis Republican, but now that it develops that he is trying for tbat place merely as a

means of climbing into the governor's chair, the dose Is still more bitter. Shank's local machine, backed by Joe Kealing. has publicafly announced that Shank will be elected delegate no matter how many Republican votes are cast at the primaries which will be held here Friday afternoon, March 15. Feel Encouraged. The success of the Roosevelt movement in several states where the administration ia even more powerful than in Indiana has stimulated the belief of the Indiana managers of the Roosevelt boom to believe that they will succeed even beyond their own sanguine hopes. They point to Oklahoma where the Taft forces were strongly intrenched with federal patronage and where the popular vote was for Roosevelt for the presidential nominee. They indicate New Mexico as another similar example, for they say that while the Taft machine was strong enough to obtain the majority of delegates, tbe popular demand for Roosevelt was sufficient to prevent the instruction of the delegates for Taft, leaving an uninstructed delegation from that state. The rout in Texas and In Missouri have also encouraged the Indiana men.

Nat Jtrst What He

Chairman (addressing a meeting) X am sure we will all be Tory secry our secretary Is not here tonight. I cannot say we miss Is Tacant chair, bat 1 do: say we miss is Tacant face London-Tit-Bits.

"The Water of Eternal Youth"

Edam Ch

In Holland Edam cheese is not excavated, but is sliced off. and tbe Dutch have a saying, "Die myn kaas snydt als een schuyt, die jaag ik myn deur nit" "Whoso cuts my cheese like boat, to him I show tbe door."

(From Home Queen) The beauties of the Austrian court uesd a lotion which was so effectual in keeping the face smooth and free from wrinkles, even in the aged, they named it the "water ot eternal youth.' Some one recently haa divulged the secret of this wonderful, though excedingly simple. wriukk lotion, which in her gratitude she has similarly dubbed a preserver ot youth: One ounce pure asxolite (powdered), dissolved in a half pint witch haiel that's all there ia to it. Any woman can get these ingredients at her drug store, nut them together, and use the

! anlutlrtn with Ant I r. aafatv T lutha

the face in the same brings immediate results, even in case ot the deeper wrinkles and furrows. This is also effective for hanging cheeks and double chin.

Cold Coming? - Go To Your Doctor You may cough tomorrow ! Better be prepared for it when it comes. Ask your doctor about keeping Ayer's Cherry Pectoral in the house. Then when the hard cold or cough first appears you have . . - a a .

a doctors medicine at nana. lour aocror s approval 01 us use

will certainly set all doubt at rest. Do as he says.

OL AfsrOo..

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Webster BOSctcol Will Give a BASKET SUPPER at the school house, Friday evening, 7:30, for the benefit of the Athletic association. Everybody invited.

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House Cleaning Dread Removed

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You remember how glad you always were to clean house when you had hew Rugs or new furniture to put in place of the old. Well, we have made it possible for you to have more of these than you ever had before. Mow We Do Ml The goods are CHEAPER with, us this year THAN EVER as we bought in larger quantities, getting lower prices. Then for $1 you can select any piece in our large stock and have it set aside, and when housecleaning time comes you only have to step to the phone and your goods arevbn the way. Our stock is the most complete that we have ever had to offer, in fact the large cities cannot-show larger lists from which to select. -

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from which to choose. Velvets, Brussels, Aftminsters, Wool-fibres, Ingrains and Crex of all styles and priced from $7.50 up to $45.00, in the room-sizes and in small floor rugs from 50c up to $5.00. . You should see our 36x72 Axminsters at $350. See our complete line of Tapestry Brussels Rugs from $13.50, $15.00, $17.50 and $22.50. Over 50 patterns of this grade from which, to select. We will hold any rug for you and why not come while the line is complete?

Our Curtain Stpctchcira

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and we have the newest and best line of them that we have ever had. Our special 79c Stretcher is worth twice the money and our $2.C0 Stretcher is the best in Richmond.

Only One More Day to Get a Kitchen Cabinet for $1. Cozz New!

p Q a a a a a a a

925, 927 929 Uain

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925.927 929 rj

Richmond's Home of True Economy g a