Richmond Palladium (Daily), Volume 38, Number 251, 29 August 1913 — Page 1

JAimJM LI AND SUN-TELEGRAM VOL. XXXVIII. NO. 251 RICHMOND, IND FRIDAY EVENING, AUGUST 29, 1913. SINGLE COPY 2 CENTS

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FESS ATTACKS THE CURRENCY MEASURE IN AH INTERVIEW

Would Be Iniquitious Adopted As Framed By Democratic Caucus. II IS A POLITICAL MOVE Says Currency "Huld Be Under the Control of a Political Gang. That the Glass-Owen currency bill, if passed by congress in the shape that the house Democratic caucus has framed It, it will prove to be a most iniquitious piece of legislation in that it will take control of financial situations from men competent to deal with them and place them in the hands of office holding politicians, who will deal with them from the standpoint of 'the boys back home," is the assertion of Congressman S. D. Fess, 3l Ohio. In discussing the bill this morning, Dr. Fess said: "The government should not go into the banking business. Ten years ago there arose a wave of popular sentiment for the mtire separation of politics and busness. The Glass-Owen bill is flying iirectly in the face of this modern business idea. Cannot Support Bill. "I could not support the bill in the shape that it was sent to the senate. In the first place, the provision calling for 12 national reserve banks makes the number too large. I myself would be in favor of one central bank, but knowing that it is impossible to obtain this, I would like to see the num ber of regional banks decreased to six. Twelve would be entirely too many, dividing the reserve funds of the nation into small amounts, scattering it over the entire country, and in the times of financial stringency, each of the twelve banks would hold tight to its own reserve. "With the number of banks reduced to six, - the sum held by each bank would be larger and less subject to "sectional prejudices: - - ... - "The form of bank control provided for by the bill is wrong. The bill says that the control, administration, operation and initiation of the banks shall be in the hands of seven men, one of whom shall be a banker. These men are appointed by the government. The Correct System. The way to correctly manage the system would be for each of the banks to elect a member of a board that would have charge of the administration of the banks and their operation, subject to review by a board of control with veto power, after the manner that the Interstate Commerce commission exercises supervision over railroads. Who would favor giving the commission the direct management of the railroads of the country? "If the board that the bill says shall supervise, manage and administer the affairs of the reserve banks of tho country shall be placed within the sphere of politics, we will have the money powers of the country taking an active interest in politics with the expectation of obtaining recognition on this board. Campaign Material. "In addition we 11 have politicians In campaigns making promises of ob- . taining additional funds for once section of the country, and later playing politics to make their promises good. "Why should we place the money of national banks in the control of men who have no intere,stithem?' It is unjust that the ownera.VSs'Joek in these reserve banks can haVe no voice in their management, but must turn it over to men that have no interest in them. v "Legislative bills, like chains, are no stronger than their weakest link. While this bill has some very good points, it also has some in which little good can be discerned. "Take for instance, the situation, should this country become involved In war. With a large amount of emergency currency in circulation, every dollar of which is an obligation of the government, with an entirely inadequate reserve fund to back it, this money would drop in value so quickly that it would greatly injure the entire monetary system of the country and seriously impair our credit.. Sees Another Danger. "Besides, we would place the financial system of the country in the hands of men, many of whom think that all the government has to do to make money is to place its stamp upon anything it likes to endow it with purchasing power. This may lead to a huge over-issuance of little needed emergency money that would cause grave trouble in case of financi- -iis-aster. "The proper way for the s.. to amend the bill ,is to decrease the number of banks, place them under the direct management of bankers, to be supervised by a higher appointive board with veto power, and remove Absolutely all chance for politics to icreep into the control of emergency (currency issues." Spoke to Teachers. Hon. S. D. Fess, M. C. addressed the 'Wayne County Teachers' Institute this norning on the currency question fwhich is before the house at the present time, and fully explained the' dif(Continued on Last Page)

CURRENCY BILL IS PASSED BY CAUCUS Expected to Be Approved By the House Without Any Changes Soon.

(National Nws Association) WASHINGTON, August 29 The administration banking and currency bill has now withstood its first legislative test. It has come out of the caucus of house Democrats in the form in which the administration forces would have it. Unquestionably it will go through the house within the next three weeks without change, as the caucus, after approving the measure by a vote of 163 to 9, almost unanimously adopted a resolution making it a party measure. The nine Democrats who voted against acceptance of the bill in caucus were Representatives Henry, Eagle and Galloway of Texas; Hardwick, of Georgia; Lobeck, of Nebraska; Buchanan and Fowler, of Illinois; Neely, of Kansas, and Sisson, of Mississippi. Most of them will support it in the house and the prospect is that it will receive some Republican votes and the votes of seven or eight Progressives. Quick Action Forseen. The measure was to be reintroduced in the house today by Chairman Glass, of the banking and currency committee, and referred immediately to that committee, which will meet next Tuesday. It is expected the bill at once will Ns reported back to the house, which Mr. Glass predicted would pass it within a few days. "There has not been written into the bill from one end to the other," said Chairman Glass, "a single sentence except by the initiative of the banking and currency committee itself, which has altered in the remotest degree the essential provisions of the bill as originally reported by the committee to the caucus." Time of Loans Extended. Two amendments were agreed to just before the caucus finally passed on the measure. One had to do witqrje. tne reserve reatures oi me dui ana tne other relates to loans authorized by "country banks" on agricultural real estate. The latter proposition excited a long discussion. As the bill was presented to the caucus it provided for nine months' loans on farm lands. The time of such loans was extended to twelve months, in accordance with representations made by savings banks and other institutions that deal in euch property." ' s"7r' The reserve section substituted yesterday does not differ materially from that first adopted except to make the provisions more clear. It proposes that reserves in central reserve and reserve cities shall be 18 per cent, instead of 25 per cent., and 12 per cent instead of 15 per cent, in "country banks" as required by existtag law. Twelve Reserve Districts. As the bill now stands it divides the j country into twelve reserve districts land provides for the establishment of a federal reserve bank In each district. The capital for these banks is to be provided by national and state banks desiring to become members j of a district association. Each bank lis required to subscribe 20 per cent. of its capital, 10 per cent, of which Is to be paid in. The management of ; each reserve hank is to be lodged in the hands of nine directors, six of ! whom are to be elected by the capital ' contributing banks, and three of which !are to be elected by the federal board of control created by the bill. The federal board is to be author1 1zed to issue treasury notes to the re serve banks, receiving in exchange approved securities. These notes will be issued to the member banks on commercial, industrial and agricultural paper, which the reserve banks are authorized to discount for the member banks. The discount rate is to be fixed by the board of control, and may not be uniform. WASHINGTON, Aug. 29 After a ; conference with President Wilson toi day, Senator Owen announced that ! the committee on Banking and Cur- ' rency would give a hearing to the ; American Bankers association next Tuesday afternoen. The bankers are understood to be opposed to the Glass-Owen bill. WEED ADMITS THAT , HE IS TO H. S. Weed, secretary of the Y. M. C. A., stated officially today that he would hand in his resignation at the next meeting of the board of directors. , to take effect at the expiration of his contract, October 1. J Mr. Weed has been secretary of the i local association three years, and has made many friends, who regret to see 'him leave. His pleasant, friendly man- ; ner created a spirit of good fellowship ' about the association. When asked regarding Mr. Weed's resignation, Richard Sedgwick, presi- j dent of the board of directors, said j j that it had been unofficially known i for some time that Mr. Weed was intending to give up the position, and that the sentiment of the board was in favor of Ellis Learner, for some time assistant secretary, as his successor. This will be definitely decided at the meeting the first, week in September, when Mr. Weed's resignation will be presented. It is probably that Ora Hughbanks will be offered the position now held by Mr. Learner, should he be given the secretaryship,

RESIGN

WAYNE'S OUOTA AT EASTHAVEN IS NOW BEYOND THE LIMIT

Thirty More Cared For There . Than the County Legally Entitled to. THREE AT THE JAIL And Ten Are Cared For At the Home For Friendless Women, This City. Wayne county has a large number of insane in proportion to its population. There are now thirty more inmates from Wayne county at the Eastern Indiana Hospital for Insane, at Easthaven, than the law provides. This statement was made by Dr. S. E. Smith, superintendent of the institution, today. The capacity of the Easthaven institution is 801, though there are 832 persons being cared for there at this time. yNo more persons adjudged in-sane-'are being received there now. Dr. Smith report I that committment papers have bvn received for fifty men and fifteen women who have not been admitted to the hospital because of the lack of facilities to care for them there. All the jails and other penal institutions throughout the state are providing for demented peo ple. An Alarming Increase. The Increase in the number of insane people is slightly in excess of the ratio of the increase in the population of the state, according to Dr. Smith. U Dr Smith hopeg tQ reHeve the preg. ent congested conditions at Easthaven this fall when the colony plan is placed in operation. The work of erecting th vuildings where the colony inma 1 be quartered will be started at ; the contract having been recent; let. The inmates who are believed to be curable will be worked on the colony farms. Experiments at the Institution where inmates have been worked In the JleJdJiave. proved successful. After the physical condition of'most insane people has improved their mental condition becomes stronger. Insanity is often brought about as a result of the poor physical condition of the body together with worry and care, Dr. Smith stated. Insane At the Jail At the Wayne county jail there are three insane prisoners being cared for, while at the Home for Friendless there are six insane women and four feebleminded women and girls. Two of the inmates of the Home are colored. Some of the inmates of the Home have been confined there for more than two years pending their admission to the Eastern Indiana Hospital for Insane. Persons afflicted with acute mania are sent to the hospital before the chronic cases. The feeble minded women will be sent to the Home for Feeble Minded at Ft. Wayne as soon as the necessary formalities have been gone through with. THAW'S CHAUFFEUR ADMITTED TO BAIL Is Expected to Leave Canada and Not Face Hearing On Charges. (National News Association) SHERBROOIvE, Quebec, Aug. 29. "Educated Roger" Thompson, chauf feur, who ran Harry K. Thaw's car when he made his sensational escape from Matteawan, was arraigned before Magistrate Bovina this morning, and admitted to $500 bail. Lawyers for Thaw tried to get the hearing adjourned until next Wednesday. The bail is exactly the amount of the fine that would be imposed upon Thompson if he were found guilty, and it is virtually admitted by lawyers that the depositing of this sum practically ends Thompson's case. It is believed that Thompson will get out of Canada and forfeit his bail. When the case was called, the Crown's attorneys announced that they were ready to try Thompson on the charge of entering the country by stealth. Thaw's lawyers who also j represent Thompson, said they ex pected the hearing to be on the charge that Thompson had aided an insane man to enter Canada. Assistant Superintendent of Immigration Blake Robertson stated that the Crown was not ready to take up this charge until next Monday. THE WEATHER STATE AND LOCAL Fair tonight and Saturday; cooler in south and east portions tonight. TEMPERATURE I Noon 7S Yesteroay. Maximun. 94 Minimum . 5a

Secretary of Navy Daniels and

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Josephus Daniels, the secretary of the navy and his family. Of the four boys, Josephus, Jr.. is the eldest, being eighteen; the next is Worth Badley, named after Mr. Daniels' brother who was the first officer to be killed in the Spanish-American war; the next is Jonathan Worth, who is fourteen, and the youngest is Frank A., who is nine.

V, D, NICHOLSON TO SUCCEED PEARSON Will Be Earlham Field Secretary to Secure Rockefeller Fund. Vincent D. Nicholson, Earlhan., '10, was recently anDointed Earlham field v.. r.,, v.j oct i k: tai jr u j Lilt; iai maiu uuam ui trustees to take the position left vacant by the resignation of tbe Rev. Morton Pearson, of Indianapolis, who gave up the work last spring in order ; to become secretary of the Indianapo-! lis Federation of Churches. Mr. Nich- j ! Olson's chief duties will be directed 1

toward the securing of the $125,000 pie the crop on the Shutz farm and endowment offered by the Rockefeller iwa8 told that if he did not stop the foundation, with the stipulation that practice, he would be forced to pay $300,000 must be raised by the schooLamage8 done the corn. He persisted Mr. Nicholson is the son of S. Edgaf , . ,, elllt. aaa

Nicholson, editor of the American Friend, and beside his work in Earlham has had a year in the Harvard law school. 4 MRE SDiTS W ON MYERS ESTATE Suits to Partition and Quiet Title Entered Today Make Five Now. Sarah Meyers, widow of the late Moses Myers, filed two more suits in the Wayne circuit court this morning for the partition of the real estate, consisting of 194 acres of farm land, and to quiet title on the same. There have been five suits filed in the case for the partitioning of the property. In one suit, involving eighty acres of land, Essie Paul, formerly Essie Myers, is given a life estate of twothirds of the land and atter her death the property is to be inherited by her children. The plaintiff is the owner of an undivided one-third of this property. Mrs. Paul has one child, Neva Paul. According to the provisions of the will if Mrs. Paul has no children living at the time of her death the property is to go to the grand children of Moses Myers, who are Mabella M. Howard, Ruth Howard, Herbert Myers, Charles Myers, Laura Myers, John E. Myers and Neva Myers. The plaintiff contends that the grand children are claiming an interest in the estate which is adverse to the

plaintiff. According to the complaint i and proceeded to apply militant methnone of the erandchildren. except Ne-!ods to the militants.

!va Paul, have any claim on the prop-

; erty and the said ciaims constitute a ments, wTien two detectives ran up and ciOU(j upon the title of the plaintiff, wth difficulty released Mr. Asquith wnich should be quieted. t from the clutches of the suffragettes, -phe second complaint, filed today, I The detectives took the women -to involving "the farm of Il4 acres in; the club lodge, where they listened to Jackson township, specifies that Rose jvarious opinions of themselves hardly Howard is eiven a life estate in -two-1 ,es8 complimentary than those they

j thirds of the property and the plaintiff j is given the remainder. After the death i of Mrs. Howard the property reverts ! to her children, Mabelle M. and Ruth M. Howard. The grand children are said to be claiming an interest in this property and the suit for partitioning, to have the title quieted, was brought in consequence. MET AFTER -20 YEARS Judge Fox and Judge Kibbey Had Reunion. Judge Henry C. Fox and Judge JoSrpu niuuc;i awj w. vi;i w-

terday afternoon and in spite of the j committees of the house and ,.te f, .k.. nnt n Mh.ribaTe been delvine into the Mulhall

for twenty years each recognized the other immediately and talked over old times together when Judge Kibey-was an attorney of this city. He has gained over 100 pounds since he last saw Judge Fox. Since leaving Richmond Judge Kibbey has been governor of Arizona and has held some of the highest. Judicial offices in Arizona. . . . ,

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Woman Bombards Alf. UnderhillHe Flees

Action Follows Dispute Between the Man Who "Blew Up the Main" and Mrs. W. F. Shutz Over Damages Done Her Corn By Cattle Belonging to Underhill.

Not until Alfred underbill. 'a iana . owner and 6tock dealer- bom" barded with large stones, did he pay Mrs. W. F. Shuts, a resident of the Gaar road east of the city, the money to cover damages done to corn on the Shutz barn by Underbill's cattle. Underbill allowed his cattle to tramj uunrvcii uuii .'11 l. v : that he pay for the corn ruined by the cattle. Underhill called on Mrs. Shutz five times Wednesday and three times Thursday morning until sue telephoned GIVENJROUNCING Suffragettes Pounce on Asquith, Drag Him Over ' Golf Links. (National News Association) ELGIN, Scotland, Aug. 29. The British prime minister was the object of an attack yesterday afternoon In which his chivalry restrained him from adequately defending himself. While he was golfing with his daughter on the Lossiemouth links, two stalwart suffragettes, who had quietly come up to the green, sprang at him suddenly. They knocked off his hat, grabbed him by the clothing and dragged him some distance over J the ground The prime minister bore his rough treatment complacently and refrained from using force to make them desist while they Imparted to him their opinion that . he was a scoundrel and a past master in the arts of Ananias. Premier's Daughter Gives Battle. MissAsquith, who was a little distance off when the suffragettes pounced on her father, ran to his assistance ! The battle raged for only a few mohad expressed to the premier. Millitants Threatened with Ducking. Then they were placed in a motor car and driven to the Elgin police station, to the accompaniment of much ! fcooing and hiBSln and repeated cries of "Let us get at them; we will duck them in the sea. At the station the women refused to give their names or addresses. Mr. 'Asquith resumed play after the

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suffragettes had been hauled off him.'At Logansport eight men Joined the

and was loudly cheered when he reached the last green.. M'DERMOTT SPEAKS FOR HIMSELF TODAY (National Xewa Association) WASHINGTON. Aug. 29. Rep. MefDermott, of Illinois, who has been under fire- continuously since the. lobby charges .took the stand today before the house lobby inquiry committee in his own defense. Both Col. M. M. Mulhall. lobbyist for the National Association of Manuf acturers and I. H. McMichael, former chief page of the house have testified that McDermctt got money in small amounts from the lobbyists, but these amounts are declared to have been "loans."

His Family

r.-1 "4 5f : v in V to police headquarters and told Chief Gormon of the case. The police chief advised her to file an affidavit against Underhill. " . Yesterday afternoon Underhill again came to the Shutz home and started to argue the case. Finally he was ordered out and when he refused to go, Mrs. Shutz opened fire on him with stones. Several 'struck him and he fled and was pursued for some distance up the road. Last night Underhill went to the Shutz home and paid the sum demanded for the damaged corn. As a result of the payment there will be no prosecution. IS LISTING NAMES FOR UE TAXES A Difficult Job Assigned to Treasurer Chamness By U. S. Government. A committee composed of members of the Commercial club will meet tonight In the Comerclal club rooms to discuss certain tax laws. County Treasurer Chamness has been requested to bring up the matter of the proposed income tax law, which will probably be passed by the present session of congress. ' The commissioner of internal revenue has requested that the names of persons In this congressional district, who have an income of $20,000 a year or more, be furnished by the county treasurer. The treasurer will have " to do ; a great deal of guess work and his report will be subject to alternations. PROSPECT OF WAR AIDS RECRUITING Seven Men Have Joined the Army Here During the Past Five Days. The recent development In the Mexican situation have caused many young men, anxious to see actual serTice, to enlist in the United States Army. Recruiting officer Abbott, of the local station says that he has enlisted sev en men in the last five days and had a !number of inquiries. This is unusual. 'the average during the summer months being only about this number. He states that the number of re cruits has been correspondingly on the increase at all stations in the state. ranks yesterday believing that there would-be war within the next few weeks. DIES SUDDENLY (National News Association) BLOOMINGTOX, 111., Aug 29. Jacob Cline, 62, postmaster at White ; lffil. . "earn ror 30 , years, banker and forj rty treawrer of ?att coutr- w , found dead in bed. One son, Oscar, is the present treasurer of Piatt county. NO COUNCIL MEETING There win be no council meeting September 1, the regular meeting night, cn account of Labor Day. Mayor Zimmerman will call the meeting for later in the. week or for the following Monday.

MEXICAN QUESTION REMAINS THE SAME; BRYAN TAKES TRIP

No New Developments Secretary of State Resumes Lectures. CRITICISM OF LLND For Offering As Bait a Pros pect of a Mexican Loan in This Country. (National Nw Associates) ' WASHINGTON, Aug. 29 The Mexican situation showed do new phase In Washington today. The second, Garaboa note has acted as a damper on whatever hopes were held that a solution of the problem now confront ing Mexico might be reached on th basis of the supplementary suggestion made In Envoy Lind's second not. ' The next move must be made by Lind, and the president left the future) policy of the I'nlted States, so far as the peace mission is concerned, la Lind's hands. If Lind takes any decisive action today in the matter ot returning to Mexico City it will be a surprise to the White House, sine he has given the president no program on which he intends to work. He ha, intimated that he would not return to Mexico City it he saw any loophole in the second Gam boa note whiokv might prevent any. further negotiations, but has not yet said definitely that he would do so. Lind Not Heard From. , The state department has not heard, from Lind since yesterday mornlntv when he communicated his views om the second Gamboa note. Criticism of Mr. Lind's Indiscretion: In his supplementary suggestion to Gen. Huerta, In which he holds out as a bait for the acceptance of the American program, the support of this government In gaining financial resoure-i es from American bankers. Is growing in Washington. The president ha Indicated that Lind may have taken, this course practically on his own Initiative and has not yet signified his approval of It Clitics of the administration say It Is dollar diplomacy la almost the Identical form which caused the Knox administration of the state depart ment to be so harshly denounced. Having been Informed early yesterday by Governor Lind that no developments were to be expected In the next forty-eight hours. Secretary Bryan today proceeded with his plana for the resumption of hi lecture tour. Off on Lecture Tour. The secretary left Washington at noon for Doyleston where he will lecture late today. He also will speak at Kenneth. Pa, tonight, returning to Washington tomorrow and leaving tomorrow noon to deliver two mora lectures in northern Maryland. Mexican dispatches received try the state department today do not Indi cate any anti-foreign outbreak the past two days. The counsel at BaitUlo informed the department that direct telegraphic communication with M ico City has been restored. . The arrival of a large supply of medicine and hospital appliance at Torrian was also reported to the ds partmenL The - inhabitant of Tor , rian are said to be in dire want a tha result of a battle recently fought between the rebel and federals and tw Americans have volunteered to carry another supply of medicine from Vera Cruz to Torrlon in automobiles. The medicine and hospital supplies for this trip have been donated by th officers of the American battleship. New Hampshire. . The gunboat Wheeling arrived . at Frontera according to navy department advices today. She will remain there for some time investigating laJuries to foreigners, reported vitbim the last fortnight SECRECY BEING SHOWN. , VERA CRUZ. Aug. 29. Closest scresy today surrounded the movements of John Lind. the special envoy of President Wilson, who came her with pacification proposals. - Mr. Lind was still here this morning, but refused to ay whether or not he would go to Mexico City during the day to attempt to re-open negotiation with the Mexican government "I am under obligation to keep silent." said Mr. Lind I would be a poor diplomatic agent if I gave notlca of intention before I formed my own mind on them. Messages Exchanged. Coded diplomatic messages were exchanged between this city and Washington, and also between Mr. Lind and Chard ge d'Affaire Nelson O'Sbaughnessy of the United State embassy in Mexico City. At the United State consulate hero it was said that Mr. Lind had not revealed his Intentions there. 'It Is not even known whether order had been received by the special nvoy from Washington to rturn to the Mexican capita I. It was pointed out however, that Mr. Lind's Instructions were so conprebensive that he might return to Mexico City within his own discretion if he though that good wo aid result from such a move. Hale to Return HomeWilliam Bayard Hale, special fovea tigator of the state department who came here from Mexico City to take passage today on the Ward liner Moro (Continued on Last Fagt

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