Newspaper Page Text
SUNDAY, AUGUST 2.
' '“■* inn ■mill ■■■ l ini IHM I I nIII ■ mini—— i - i i
German Declaration oi War Against France Expected to Follow
President Discusses
Plans To Get Money
To Americans Abroad
Washington.—Active ineajrure s for the relief of many thousands of
Americans in distress in Europe for lack of money or means to return
home have been begun by President Wilson and Secretary Bryan.
The president and secretary of state conferred tonight on the ques
tion of getting money to citizens abroad.
The administration has under consideration sending army and navy
transports to carry American refugees, and a special request to congress
tor an appropriation is expected to be made.
/' Several Plans Discussed.
The president and Mr. Bryan discussed several plans but will not
make final decision until tomorrow when they will confer again and get
the opinion of bankers who usually serve the state department abroad
in normal times.
If necessary the government is prepared to send American vessels
abroad with gold for the relief of Americans.
Americans Abroad.
Ptate department officials admitted that the most serious problem
confronting them was the plight of Americans abroad. They estimated
that at least 100,000 and perhaps 300,000 are scattered throughout Europe.
Ihe disorganization of European exchange has made it practically im
possible to cash checks or letters of credit.
American consulates, legations and embassies are devoid of funds
for the emergency. They are being besieged on all sides with requests
for financial assistance.
With the cancellation by several steamship lines of their sailings
man\ Americans find themselves unable to get passage on the over
crowded boats of American register. American warships would he of
little use as they have hardly any capacity for passengers. Naval offi
cers have suggested that the government by special arrangement could
charter immediately some of the big ocean liners of the foreign register
to bring Americans home.
Special A ppropriation.
A special appropriation would be required to charter steamships to
bring home Americans. Congress always has acted promptly in such
emergencies and is expected to do so again. In response to numerous ap
plications from persons in the Unite States for reports upon the safety
of friends and relatives in Europe the state department is returning the
uriform answer that under their general instructions the consuls will re
port the case of any Americans in distress.
What Part Is England To Play
?5n the Great Drama or Tragedy,
Asked by Thousands Londoners
I •
Huge Newspaper Placards Announce That Kaiser Has Turned
Loose Dogs of War
London—Pleasure-loving Londoners,
issuing by thousands from the thea
tres tonight, were confronted by huge
placards announcing that Germany
had declared war on Russia. For the
first time the full significance of the
fate overhanging Europe appeared to
strike the ordinary citizen with full
force and he began to ask himself what
part England was to play in the great
drama or tragedy.
Leading business men for days had
been in a state of utmost apprehen
sion over the course events were tak
ing and saw themselves face to face
with great losses—perhaps ruin; but
the customary life in the great city
had gone on, undisturbed by the
echoes of war which seined far away.
Augusta Boys Are Having Fine
Time At Camp Jackson, N. C.
Reports from Camp Jackson, whera
a large number of Augusta boys arc
spending the summer, are to the ef
fect that everything is in most excel
lent shape and that everyone is enjoy
ing to the fullest the many and varied
pleasures of camp life.
. The camp school is under the active
Supervision of Messrs. Jordan H. San
ford, principal of the Davidson school,
and W. D. Sanford, principal of the
Monte Sano. They have associated
with them a large corps of instructors
from various schools of the South.
Mr. T.ombard Kelley of Augusta, re
cently head of the science department
of the Georgia Military College at
Mliledgevllle, being among the num
ber
The day Is divided into two parts
from 3 till 12:45 regular school ses
sions are held, the boys having the
opportunity to study, under the super
vision of an experienced Instructor,
tiny work in which they may be deM
e'ent or to. do special work In any
branch desired The afternoon Is de
voted to athletics, baseball, tennis,
boating, swimming, fishing and moun
tain climbing occupying the time of
ail of the boys. The baseball team
composed largely of Richmond Aca
demy players, has made a great rec
ord, winning a large majority of their
games wtlh teams from near-by towns
and camps.
The health of the boys has been
most excellent, not a single case of
illness having been reported There
CANADA OFFERS MILITARY
, CONTINGENTS TO ENGLAND
Ottawa, Ont —While the war spirit.
ere" throughout Canada and offers
, or fori'irn services poured in from
- onimandants of milßia contingents
to England
! transportation can oe arranged,
-u.ooo Infantry, artillery and cavalrv
ctn lie sent forward. It i« estimated
People stopped on the sidewalks in
anxious groups discusisng the unex
pected news but there was no unusual
demonstrations, except here and there
collisions between little bands of Ger
mans and Frenchmen as the result of
their patriotic ardor. *
The greatest excitement was observ
ed in the numerous foreign restau
rants of the West End, especially in
the German haunts, where the crowds
cheered Emperor William and sang
the “Watch on the Rhine,” and other
patriotic songs. The French element
was less In evidence, owing to the fact
that large numbers of Frenchmen re
cently have returned to France. The
Russians in London are rather negli
gible in numbers and mostly refugees.
is a physician on hand ail of the time
to take care of any illness or accident
that might arise. Drs. Noel Moore,
Righton Robertson, and Will Roberts
have spent a while at the camp, while
I>r. l.ucitts N. Todd is camp physician
for tlie month of August.
The following extract from a letter
received in Augusta from one of those
who have been on the camp through
out the entire period gives an idea oi
the deep Joy that must possess the
souls of the boys when the dlnm r
gong sounds: "The country round
about is very fertile and good, whole
some food abounds. Frylng-size
chickens are very cheap, as are eggs,
butter and the like. Fruit is abund
ant and Is cheap, sometimes gratis.
Fresh vegetable* are plentiful and, in
deed, Jackson oounty sems to be the
land spoken of in the Bible, ‘flowing
with milk and honey.’ We have had
honey on the table every meal she e
the camp opened, and I heard todn
that the country people fed sweet mi l.
to the pigs. Hix glasses of buttermilk
costs .5 cents and other things in pro
portion.’'
The Augusta boys who are at the
camp are Ernest Sherman, Dossi
Philpot, T. M. Phil pot, P. A t'av.i
naugh. Jerome Morris, Wallace Mor
ris, ‘‘Boots” Davidson. Louis Davit-,
Bgjton Boyiston, Otis Kao Peter
Wright, Herbert Elliott, Clarence Co
hen, Turner Jones. Berry Flemtri.;,
Warren Sanford and Wilbur Robinson.
1 that within three months 50,000 of
ricicnt soldiers could be dispute:.ed.
It Is said the government has decided
to attempt to prevent the departure
of thousands of Austrian and Hunga
rian reservists.
An emergency cabinet meeting was
, held today.
In a Divided Opinion A. C. L.
Gives Some Rate Increases
No Advances Permitted East
of Buffalo and Pittsburg to
Atlantic Seaboard
DANIELS AND McCHORD
FILED DISSENTING
OPINIONS
These Commissioners Thought
General Increase of Five Per
Cent Should Have Been
Granted.
Washington.—ln a divided opinion
today tlie interstate commerce com
mission granted some of the 5 per
c nt freight rate increases asked by
the eastern railroads and denied
others.
Increases will apt ly in the terri
tory noi Ih of the Ohio and Totomao
Rivers and from a vertical line drawn
through Buffalo aim Pittsburg, west
as far as the Mississippi River. All
class rates and many commodity
rates are increased 5 per cent in that
section.
No advances whatever were per
mitted east from Buffalo and Pitts
burg to the Atlantic seaboard. That
excludes from the area from which
the railroads will receive beneiits,
the greatest traffic-producing cen
ters of the country.
Commissioner Daniels and McChord
dissented from the majority opinion.
Mr. Daniels held that a 5 per cent in
crease should have been general—
that, tlie railroads were entitled to it,
to meet the high cost of living. Mr.
McChord held that the reasons which
the majority held to warrant an in
crease west of Pittsburg applied
equally to the territory east.
The majority headed by Chairman
Harlan, held as to rates west of Pitts
burg, that they were the lowest in
the country and warranted an in
crease. While’ it was held that the
| income of the eastern railroads was
i smaller than demanded in public in
[ ierest, no showing had been made
| warranting a general increase. Tlie
! rpal erlief, tse commission held, lor
the New England roads and those in
Central Freight Association territory
was financial re-organization upon a
sound basis-
Costly Service to Shipper*.
It was held that rather than raising
freight rates, the railroads should
discontinue costly free services to
shippers, develop efficiency of per
sonnel and equipment, stop giving
m e passes and posibly increase their
passenger fares to keep pace with
the high-grade service the public de
mands.
Tile “crisis,” which railroad mana
gers protested was confronting them
was pronounced to have little foun
dation. The commission denounced
what it characterized as a propaganda
to influence its decision and added
there was no doubt it had “seriously
aggravated the present commercial
depressoin.”
Such advances as are allowed are
expected to increase the income of
the railroad about 1 1-2 iper cent.
Such principal Hast and West rail
roads as the New York Central,
Pennsylvania, Erie and Baltimore and
Ohio will benefit by the advances to
the extent that they have lines run
ning from the East over into the ter
ritory in which the advances apply.
Coal which alone comprises more
than one-half the total traflic of the
arilroaris, will have no advance.
Neither will coke, brick, tile, clay,
starch, cement, iron ore and plaster.
Neither will there be any increases
on lake-and-rail rates.
Summary of Decision.
A summary of the decision prepar
ed by tlie commissoin follows:
The contention of the railroads that
their revenues under the present
scale of rates are inadequate to sus
tain. the commission saying that tne
operating income of the railroads In
official cl isslflcation territory, taken
as a whoft\ is smaller than demanded
in interest of tioth the general pub
lic and the railroads.
“The present financial difficulties
of the railroads are recognized by the
commission as a problem not only of
the railroads but of the public wliloh
it is the duty of the commission to
help to solve. On this point the com
mission says, speaking of the need of
the carriers for additional revenues
that 'it is our duty and purpose to
aid as far as we legally may, In tlhe
solution of the problem as to the
course carriers may pursue to meet
tlie situation.'
"The commission points out that
tbo official classification territory,
embraces three rale territories,
known as the New England territory,
hing east of the Hudson River; the
trunk tine lerritop., lying between
Ihe New Knglari territory and tne liuf
falo-Pittsburg line, and the Central
freight Association territory, lying
'between the Bit faio-Pittsburg line
and the Mississippi River, and that
the financial and traffic conditions of
the railroads operating in these three
rate territories differ widely. The
commissoin finds tbit the rates in
c.ntral freight Association territory,
a a whole, are not only lower than
t a rates in either trunk line or New
England terr lory, but that they are
lower titan the rates In any other part
of the United States.
Hate had hern as high on the
i cetrul freight Association territory
lines as on the roads In trunk line tcr
lit-.rv the former would have earned
in tins, $65,000,000 more than they
Viualy did and that /he 2k repreaen
! tatlve roads tn f'entral freight As
-1 sedation territory, which arc most in
fHE AUGUSTA HERALD. AUGUSTA. GA.
need would have earned $211,000,000
more.
“ r Phe three great trunk lines lmvo
each a large mileage in Central
Freight Association territory, so that
their revenues will be augmented by
rate-increases in that territory. Thus,
of tlie New York Central system’s ,12.-
690 miles of line, 8,938. or more than
two-thirds, are in Central Freight As
sociation territory. Nearly one-half
of the mileage of the Pennsylvania
system is also in that territory and
more than one-half of the Baltimore
& Ohio. The Erie, the Chesapeake &
Ohio, and the Norfolk & Western also
have important mileage in Central
Freight Association territory. The
systems in trunk line territory are in
large part roads with large anthracite
coal traffic and they are very prosper
ous.
“The commission finds that the class
rates effective in Central Freight As
sociation territory are so low that an
increase of 5 per cent would clearly
not be unreasonable, but points out
that class rate structure in that ter
ritory is honeycombed with inconsis
tencies.”
London Filling
With Foreigners:
Money Scarce
Express and Bank Checks
Cannot Be Converted Into
Money Except at Highest Dis
count Rates
London. London is filling up with
foreigners who have been forced by
war developments to forego continent
al tours and leave foreign places. Eng
land affords them virtually their only
chance of reaching home. Inability to
obtain money, owing to the fact that
express and bank checks cannot he
converted into currency except at the
highest discount rates, is another in
centive to leave Europe.
Some of the early arrivals from
Paris obtained berths on steamers
sailing for American ports but the
majority swelled the crowds already
filling the hotels. Checks non-nego
tiable in Europe, were almost aH use
less here. Regular patrons were forced
to sign hills. Strangers had to pay
cash.
Prominent American residents here
today organized a mission to assist,
stranded compatriots. They will send
men to the continent with money to
help Americans reach home, if the.
powers will admit the agents.
TUG-OF-WAR TO BE
HELD ON LABOR DAY
Carpenters and Joiners Issue
Challenge and Will Meet Any
Bona-fide Organization.
Tho following challenge for a tug
of war content lihh been iHßued by the
carpentorK and Joiners, the contest to
he held on Labor Day:
“To the officers and Members of the
Federation of Trades:
“Greeting —We the undersigned
committee appointed by the local un
ion, No. 283, of the United Brother
hood of (Carpenters and Joiners of
America, do hereby challenge any
bona fide organization for the tug of
war contest to be held at Lake View
on the coming Labor Day.
“The organization accepting will
please communicate wtlh the choir
man of the committee without delav.
Yours fraternally,
“T. W. PHTER, Chairman."
463 West Avenue, North Augusta.
Foreign Ships to Be Under
American Register,
the Plan
Wrshington.—To save traps Atlan
tlc shipping from paralysis during the
European crisis and avert a threat
end blockade of America's bumper
grain crops, President Wilson and
congress leaders agreed today upon
an amendment to the Panama act,
which will permit Toreign snips to
come under American register. It
will be pressed for passage Monday.
UNCLE CHARLIE' CONFINED
TO HOME WITH ILLNESS
'Uncle Charlie?” Wilkersofi, the well
known and universally beloved min*
[ Inter of Augusta, Ih confined to hi*
home on Chafe* avenue because es
Illness contracted In Mouth Georgia
while bolding revival meetings.
“Unde Charlie” Ih better now J,awt
night be united In marriage Mins Marv
Lou llopklriH arid Mr. Marvin Le ,
popular young people of this city. Mr.
Lie in an engineer on the Georgia
and Florida railway. He and biN brld •
have gone on atrip to Florida.
Uncle Charlie” expects to be
wllhln a few days.
500,000 of
Italians Are
Under Arms
King Victor Emmanuel Keep
ing in Close Touch With the
Situation.
Rome—A urict censorship has been
established in It.Uy over dispatches
to place* abroad. King Victor Einnnin
nel is keeping in close touch with tlie
events and is said to bo in direct
communication with other Euorpean
nilors, especially the German em
peror.
The (Lilian government Is prepar
ed t.o meet any eventuality. About.
500,000 soldiers are under arms in
cluding those who can be withdrawn
from Tripoli and other places.
Just before the Austro Servian out
break 100,000 reservists bad been
called to tile colors.
All Hit l fortifications along the
eastern frontier have been put into a.
I state of war while the various squad -
I inns of tho fleet have assembled at
tneir naval stations.
HOKE HELPS 10
GET FARMERS
LOANS OH Ell
All National Banks Except
Those Situated In Reserve
Cities May Lend Money on
Land. Joe Brown Has At
tacked Smith, But Matter is
Shown in Its True Light
Atlanta, Ga.—A complete* and con
elusive refutation of charges which
have been brought against the new
banking and currency law by former
Governor Jos. M. Brown and bis sup
porters in their attacks on Hoke Smith
who had a large part in framing the
law, is contained in a letter written
this afternoon by Hon. J. R. Smith i f
Atlanta, former manager of Gover
nor Brown’s successful campaign, t >
J. (’. Walters of Bowersvillc, da. Mr.
j Walters wrote to Mr. Smtili Inquiring
if It was true as charged by Gov.
j Brown and his supporters that under
the terms of tin- new banking and cur
rency law the farmers cannot borrow
money from National banks on tin ir
lands as collateral and was requeste )
by Mr. Smith to publish bis letter au I
Mr. Smith’s reply for the information
of the farmers.
Mr. Smith replied that Gov. Brown’s
statements were based upon a corre
spondence which bad been carefully
designed by bis political friends ti
deceive the farmers of Georgia. Then
be quoted section 24 of the new law
showing unmistakably that the on y
national banks which are prohibited
from making farm loans are those lo
cated in the central reserve cities an I
that all other national banks are au
thorized to lend money on farm lands
and fbr a period of time not exceeding
five J/ears.
Thus It js shown by Mr. Smith that
of the numerous national banks neat
tend throughout the Southeast, tho
only ones debarred from making farm
loans are those located In the etiy of
Atlanta which Is the central reservy
| city for this territory.
VILLA NOT ASKED TO
TAKE PART IN ENTRY
Carranza Hasn’t Asked Him
| Officially or Unofficially to
i Enter Mexico City
El Paso, Texas. General Villa has
not been invited officially or unof
ficially by General Carranza to take
part iri the <*utry of the Constflu
tlonallzts troops into the City of
Mexico. Tills waa learned definitely
to lay.
It la ex lulncd In part at least tho
| delay oT the northern commander In
moving Ids forms south. It was
! learned also t at V llu has been re
i entiling an average oj ton men dally
at f'Jillniahua City,
Reports from AguaHrallnntes today
{ told of dls urli *d conditions below
that point. Alh-rto Funnies, toe Con
! Mltollonnllst governor bcllves travel
to tlie sooth unsafe General I'asetial
Orosco with at least 1.000 Federal
Irregulars, Is terrorizing the country
below tli • state capital.
WAIVERS ASKED ON LAJOIE.
Cleveland.—Waivers have been ask
ed by t* e (T vel ind American l.cugio.
tinm on Na oleon l/ijole, iff rond
! baseman and former manager, it wus
learned here tonight. I.ujoie ins
I been out of the game a good part of
I the jour.
AUGUSTANS CONCERNED
OVER PROBABLE WAR
THROUGHOUT EUROPE
Large Number Are Sojourning in Various Places on Con
tinent- Those Who Are Away From Home- -The Reported
Plight of One Augustan With Three Thousand Dollars on
His Person.
Just, what will happen to the Amer
icans in Europe no one knows but al
ready there are all sorts oT reports,
one is that one of the wealthiest men
in Augusta is In Paris anil lias on bis
person tnree thousand dollars tin
which be cannot realize one cent.
Tiuly "War is Hell." Among the Au
gustans who are now in Europe, sen
tered over varoius countries are Mra.
Hardwick Jackson, Miss Louise Row
land, Miss Constance Stearnes, Mrs
Maurice Walton, Johh Walton, Mr.
Fharlie Schneider, Miss Isabelle Wil
liams, Dr. and Mrs. George Traylor,
Dr .T. E. Oertel, Misses Leila au<l
Elizabeth Hill, Miss Eleanor Hill,
Miss Louise Mays. Miss Mary Lou
Phlnizy, Missez Helen and Willie
Stuart, Mr. and Mrs Bert Dales, Miss
Aviec Dales, Miss Carolyn Gumming,
Mr. and Mrs. Jno. It Schneider, Mr
RELIEF MEASURES
BY THE BANKERS
Arranging for Meeting of
Bankers from the Principal
Cities in Washington Monday
EMERGENCY CURRENCY
MAY GO IN CIRCULATION
; In All Probability This Will be
Done. Talk of Advancing One
Hundred Million Dollar Credit
to England
Now York.—Extraordinary action
was taken by the leading financial In
(crests of America today to avert
financial unsettlemont In this country
as a result of the European war. Re
lief measures are underway which
hunkers believe will preserve the pub
lic confidence. This is the situation:
Emergency currency probably will
be put into circulation next week. J*
occasion requires tills currency, Issu
ance* of which Ih provided for by the
Aldrich - Vreelaml act passed after tie*
1907 panic, may be supplemented her
and elsewhere by clearinr house cor'd
flea les sudi as were used in 1907,
Representatives of New York for
cign exchange house left tonight fur
Washington to confer tomorrow with
President Wilson. They planned to
suggest the unprecedented procedure!
of advanenig $100,000,000 credit to
i England.
Bankers from the principal cities of
the country arranged a meeting to la
held In Washington Monday to for
Ululate a (dun of action.
It was a day of strenuous activity,
not unmixed with anxiety for New
York hankers. The European crisis
demoralized the flnaneinl markets •»?
the world a week ago and the intrica
cies of modern finance are such that
upon America, Isolated from the peril.*
of war, f< II a full share of the burden.
Liquidation of American stock by Eu
ropean holders nut only upset this
market so completely that. Is was com
pelled to suspend business, but rallied
another serious problem, that of pay
ing Europe for the stocks sold thor.* |
$100,000,000 of Stocks Thrown Upon j
Market.
It is estimated by representatives (,f j
foreign stock exchange houses that
I'nem $100,000,000 to $150,000,000 worth
Jof American stocks were thrown on
j this market, for whatever they would
| bring by panic-stricken European
I holders Panada also unloaded stool;-
j here heavily.
Next, week the hills drawn again*;t j
I these sales of stock will reach New!
; York. Part of the $15,000,000 gold I
{shipped abroad on vessels now on the j
| high seas Ik In danger of capture,
i Even three shipments leave a liug'i
total of foreign eredlts to be satis- !
i fled. Today’s statement of the New!
I York hanks showed the effect of the
I raid upon the American supply of
gold. There was a decrease in cash
holdings of more than $53,000,000 due
principally to the loss of gold, and in
place of the surplus reserves of $26,-
ooi.ooo reported last .Saturday there
was today a deficit of $17,000,000.
To meet these foreign claim* wit’i
! out serious encroachments upon avall
j able financial resources, the New York
hankers were forced to take decisive
act lon.
Conferences of Bankers.
Early today there was a conference
1 of some of the leading New oYrk
bankers. Later there was n ineeti i*
■ »f the National Currency Assoclatl »n
• the «Ity of New York, an orgunlza
j Hon provided by the Aldrich -Vre,
land law. At this meeting all arrange-
Hunts were completed for Issuance
es emergency currency next week.
To give assurance that the step.*
taken would amply meet the needs of
tie situation, Frank A. Vanderllp,
| president of the National City ttUiiK,
THREE
and Henry S'ancken, Mr.
Mrs. John Schroder, Mr. and Mrs.
Landon Thomas, and Misses Emily
and Ellen Thomas.
Mrs. Stuart and little Virginia
Stuart sailed one day last week to
join the Misses Stuart. They will
probably lu* wired to and return on
the first boat passing.
Dr. and Mrs. Traylor, Miss Mary
Lou Phlnizy and Miss Carolyn Cum
ming arc at Breslau, Germany.
Mr. Charlie Schneider is at his oi l
home in Australia. Friends will
sympathize, with him on the <tT*ath of
liis aged father. Mr. Schneider went
over a few weeks ago, but unfortun
ately did not reach his old home until
a. day after his father’s death. Let-
from him before the outlook was
so serious spoke of his early return.
Just when he will he able to get
away Is not known.
tonight Issued a statement, which
said:
“The action of the Now York Cur
rency Association In getting all ttyo
machinery ready for the issue of ad
ditional hank notes should give assur
ance that there will be no lack of an
ample circulating medium. It Ih iuw
possible to create a considerable
amount of additional currency that U
i hsoliitely secure and In exactly the
same form as the present national
hank notes.
"This law’ offers n perfectly sound
method of converting assets into cir
culating notes. There need he little
fear, therefore of any repetition of tho
conditions of 1907. The hanks of the
country, under thsi law, may take
out $500,000,000 ndditlou&l nation tl
hank notes. There Is no probability
that anything like that amount, will
Im needed.”
Wouldn’t Discing Clearing House Cer
tificates.
None of the hankers today would
discuss the Issuance of clearing house
certificates In addition to emergency
currency. Il was learned that ao
final decision had ben reached on this
point.
Francis L. I line, preaidant of the
First National Bank, and William
Woodward, president of the Hanover
l atb-nul Bank,( will act as the rep
resentatives of the New York hankers
at Monday's conference In Washington
to be attended by bankers from a
dozen of the principal cities of tho
country. At this conference which Is
expected to include. Secreary of the
Treasury McAdoo, ways and means of
meeting the present situation are to
be considered.
The suggestion for a loan of SIOO,-
000,000 gold to England was made ut
a meeting today of representatives qf
the principal foreign exchange housea.
For the last two days business in for
eign exchanges bus hen virtually buh
ponded and it was deemed essential
to flu financial Interests of this coun
try to devise some plan of restoring
tin* equilibrium. August Ulrich, chair
man of the committee of foreign ex
change, representatives, advanced tho
Idea of loaning money to England. It
was proposed to ship the gold to Eng
land, or, what met wtih more gen
eral approval, to hold the gold hern
In the latter case this money woUtd
he placed to the credit of England,
perhaps under the supervision of rep
resentslives of tho British government.
Another proposal was to purchase a
special Issue of British bonds to bn
underwritten here.
Gracious Response to England
Mr. Ulrich argued that such action
would be a gracious response to En
gland In its hour of need, to Basis*-
aiH’o extended Mils country during tho
1907 panic. The primary purpose,
however, would be to haft the un
precedented outflow of gold from this
country.
Differences of opinion arose as to
the advisability of the suggested
loan to England. A committee of five
was appointed to devise a plan and
the committee held a stormy session.
It whs llnally agreed that Mr. Ulrich
and Max May, vice president of tho
Guaranty Trust Company should go to
Washington tonght. A telegram wa.<
sent to Secretary McAdoo and it waa
understood with President Wilson ha-l
been arranged for tomorrow. Mr. Ul
rich and Mr. May were to return to
New York iri time to meet the other
members of the committee tomorroyv
night. The full committee in turn was
to report to the main body early
Monday.
Lion Hollars, the tie slides easy, 2
for 20c. Msrtins.
m PAIR OF THEM.
‘ lie looks like a fool!’ 1
“But, pupa, he has asked me to
marry him."
“He tias? Well, don't over tell mt
I can't size up people."