Newspaper Page Text
Partner of Morgan Says They
'Have Done Wonderful
Things for Country.
LAWS ARE DOING HARM
He Believes Problem Has Been
Approached From Wrong
Direction.
Washing-ton, January a?That the
present concentration of financial re?
sources In New York is "sufficient to
cars for the business and commerce of
the country" was the statement of
Henry V. Davison. of J. f>. Morgan A
Co., on the stand before the House.
Trust Committee to-day. The ques?
tion of further concentration. Mr.
Davison asserted, depended entirely
upon the development of the business
and commerce of the country. Mr.
Davison went on tecord us favoring
? combination and control of industries
under government regulation, as op?
posed to free, unrestricted competition."
Samuel I ntermyer. counsel for the
i ouirnittee, and the witness engaged in
a spirited tilt on the question of the
conduct of banking affairs in Kuropean
countries. Mr. t.'ntermyei insisted that
K.ngland.^r ranee and Germany prevent
control of banks through interlocking
dneotorates.
"Talk about concentration why. we
haven't even started in this country,
as compared with the Kuropean na?
tions," was Mr. Davison e reply to this
statement.
Mr Davison said he taw no objec?
tion to a law forcing the publicity of
bank assets, "if the public thought it
desirable." but he was opposed to any
law that would force banks to make
public lists of their stockholders.
"Do you favor the principle of con?
trolling concerns through holding oom
putuae*" asked Mr t'ntermeyer.
"Oenerally speaking. " said Mr C av
ison, I have a prejudice against hold?
ing com panles.'
Most of the companies your Arm
haa owned have been holding com
Vanies. have they not'" asked Mr.
'ntermeyer.
? Yes.' said Mr Davison. and in
this r<*?pect I want to qualify my
opinion. On general principles I do
pot believe in holding companies, but
I think there are circumstances which
make a holding company the beet
means of handling a situation "
"Do you believe three or fouf or
half a dozen men should be allowed
to monopolize any industry so long
as they do not operate through a hold?
ing company?"
"I don t know how you could pre- ;
vrnt it. if they had the financial back- <
ing and the ability to do it. ? asserted
Mr. Davison. "I have no objection to
it. Jf it was wrong it could nut live
I see no necessity for a law to prevent
it It would fall of itself m the making."
' Are you opposed to trusts?" a?ked
Mr C ntermyer. a few minutes later
"I wouldn't say that 1 was wholly in
favor of them in the making, but I was
not oppsoed to them after they were
made. I think they were a great bless?
ing to the country "
Mr. Davleon further said he thought
it was "unfortunate for the people of
the entire world" that the courts In?
terfered with the trusts as they have
done. "
Do you think it was wrong for the
courts to interfere?" Mr. L'ntermyer
asked.
"No.' be replied, "but I think it
could have been approached better
from the other direction, by regulation,
not disintegration. You can not any
more dissolve those trusts, in effect,
than you can move this continent
across the Atlantic Oc?an."
Mr. Davison said he believed a law
forcing banks in reserve cities to be
Independent, and forbidding combina?
tions through interlocking directors
would set us back fifteen years '
su
GGEST R OU
E
OR NEW ROAD
Gloucester Citizens Will Guar?
antee Right of Way
Free of Cost.
'Special to The Times-Dispatch.)
Gloucester. C. II.. Va.. January ??;
A meeting of prominent citizens of
Gloucester County waa held at Glou
i ester Courthou??e to-day relative t.,
the proposed routes of the Norfolk.
Washington and New York Kailroad
through the county Hon. #. N.
Stubbs was chosen chairman a-d J.
M. L<ewis. secretary. It was resolved
lhat the citizens of Gloucester County
'?III guarantee a right of way free of j
<<.-! to th" proposed railroad from
Whit* Mateh to the poin? where the
survey made hy Colonel Hobart inter-'
sc. ts the last survey, going in the direc?
tion of Saluda. and will furnish one
acre of land at or near Gloucester free
to the railroad for a station
Hon. J. N. Tabb was appointed a
committee of one to confer with Chan- ,
nraaj M. Ward, president of the road.
Teintive to the resolution, snd J. M.
Dewis was appointed a committee to
pr<went the numerous advantages of
this route over the last survey. The
meeting adiounred. subject to an
early call by the chairman or Beere- -
tary.
Absolute Truth About
The Great Kidney Remedy
Several years ago I suffered with bar)
pains in my bark. I was very rcstlcs,
often getting Uj, m Ver.il times during the
night. My limbs were swollen and I
dropped in weight to 147 pounds. I con?
sulted a well known Norfolk physician,
and he stated that I had a very bad case
of kidney trouble.
1 saw your advertisement in the paper
and purchased a bottle of Dr. Kilmer's
Swamp-Koot from a druggist, after he
recommended it to mo. After I took
three bottles I felt greatly relieved. 1
have taken Swamp-Rout -im < at different
times. 1 gained in weight to 206 |>ounds,
and 1 am well and have been ever since I
commenced taking Swamp-Koot.
Very truly yours,
VV. J. BARROW,
Furmville, Va.
I. A. If. Barrow, a Notary Public in
and for the Comity of Prince Edward, in
the State 0/ Virginia, do certify that W.
J. Barrow, whose name is signed to the
foregoing writing, liearing date Jan. 15th,
19.12, personally appeared before me in
my county aforesaid and made oath that
the said writing is true in substance and
in fact. Given under my hand this 15th
dav of January, 1912.
A. M. BARROW,
Notary Public.
We sold Mr. W. J. Barrow most of the
Swamp-Root in question and have per?
sonally heard him speak of its action in
most complimentary terms.
WHITE drug CO..
By E. W. Sanford.
Letter to
Dr. Kilmer & Co..
Bing barn ton. N. V.
Prm VYTul Swamp Root Will Do F?r Vau
Send to Dr. Kilmer <St Co., Bingham
ton, N. V., for a sample bottle. It will
convince any one. You will also receive
a booklet of valuable information, telling
all about the kidneys and bladder. When
writing, be sure and mention the Rich?
mond Daily Times-Dispatch. Regular
fifty-cent and one-dollar size bottles for
sale at all drug stores.?Advertisement.
DID NOTPRAV
III
RAGLE WHEAT
OR
Original Grower Tells Court of
Its Commonplace
Origin.
New York, January 23?How "Mir-'
acle Wheat " was discovered and de?
veloped on a farm in Virginia and
shipped to Brooklyn, where it was ad?
vertised for sale at WO a bushel, was 1
outlined in a trial of an action brought
by Charles T. Russell, better known as
Pastor Russell, to recover SlOu.ouo from
the Brooklyn Daily Eagle for alleged
libel, before .Justice Charles 11. Kelby,
in Supreme Court. Brooklyn.
A certain quantity of Miracle
Wheat" was advertised for sale at the
Brooklyn Tabernacle, where Mr. Rui-1
sell preaches, at tl a pound or tau a
bushel.
Kent B. Stoner. of Ffhcastle. Pa . was
one of the witnesses at the trial. He
admitted ho was the original grower
of "Miracle Wheat." He said he was
responsible for giving it that name.
He said his son discovered a stalk of
it growing in the garden of their home,
in Virgirtte. in ltn. and asked his father
not to plough it up.
One difference between this plant and
the ordinary wheat was tha to neseed of
"Miracle Wheat" grew i?7 heads, or
stalks, the witness testified, while the
best brands he ever knew, the "Red
Wonder." for example, has a maxi?
mum of only Cvo heads to each seed.
He explained that one peck of "Miracle
Wheat" seed was sufficient to cover
one acre of soil, while It required one
or two bushels of ordinary wheat to
seed an acre.
"You never said that this wheat was'
of miraculous origin^" asked Isaac R.
Oeland. of counsel for the defendants.
"No. sir. I never claimed that,"
replied the witness, adding that H was
not the result of prayers.
So that, if the Watch Tower on
March 15. Hot, stated that this wheat
was of a miraculous origin it was not
stating facts?"
"Let me see about that," questioned
the witness.
"You want a definition of a miracle."
interrupted Frederick W. Sparks, of
counsel for the plaintiff.
"I am a little shaky on that myself."
laughed Justice Kelby.
The witness admitted that he sold the
same kind of "Miracle Wheat" it hod
a bushel in Virginia that was sold at
the Brooklyn Tabernacle at WO.00 a
bushel.
Accepts Call to Pnlaskl.
Sped.M to rh? Times-Dispatch.1
Pufaski. Va.. January 23?Rev. T.
M. Bane has accepted a call to become
pastor of the Baptist Church. Ha will
enter upon his work the first Sunday in
February, succeeding Rev. Sam N.
Hurst, who has retired from the min?
istry to devote for the present his
time to law.
Deed In Assignment.
Special to The Times-Dispatch >
Bedford City. Va.. January 22.?
Odell Flzer. a mercnaht at this place,
made a deed of assignment vesterdav
to Lea Oil). trustee. Hi's debts
amount to about (4.WO. and his stock
of goods is valued at about $2.000.
s- ? :t
What the cow cats
has much to do with the flavor of the butter.
The herd a supplying the cream for Better Butte:
are pastured in fields of lush grass and clover, which
are entirely free from garlic or other wild pi sets that
invariably impart a tank tasss to the butter.
Better Batter la always of uniform quality and
delickruessss Churned daily frort Perfectly Pssteurix
sd, LsaHrifugal cream.
Jarrirs-Carter Co., Inc. Richmond. Va.
Disrtsetsrs
FARM PRODUCTS
IN OLD DOWN ON
Government Bulletin That Tells
of Some Things Grown in
Old Virginia.
INCOMPLETE DAIRY FIGURES
Total Value of Crops Show
Marked Increase in One
Short Decade.
Washington January 23.?Statistics
: for farm products for Virginia are pre
: sented in a bulletin soon to be issued
I by Director Durand, of the Bureau of
' the Census. Department of Commerce
, arid Labor. It was prepared under the
supervision of John Dee Coulter, special
agent of agriculture.
The returns for live stock products
j obtained at the census of 1910. like those
fas 'Tops, relate to the activities of the
i calendar year 190?. It is impossible to
' give a total representing the annual
: production of live stock products for
the reason that the total value of pro
i ducts from the business of raising
: domestic animals for use. sale, or
slaughter can not be calculated from
I the census return*.
Dairy Products.
The|number of farms in Virginia re?
porting dairy cow* on April 14. lttio,
' was 148.5*5. but only 135,250 reported
dairy products in 1909. That there
should be this difference is not sur
| prising Doubtless some farmers who
! had dairy cows in 1910 had none in 190?.
while other farmers neglected to give
information for the preceding year, or
' were unable to do so perhaps because
the farm was then in other hands
Dairy products in general are somewhat
less accurately reported than the prin?
cipal crops. This is particularly the
: case as regards the quantity of milk
produced. The number of farms which
! made any report of milk produced dur?
ing 1(09 wafe 133.192 (somewhat less than
, the total number reporting dairy pro?
ducts;, and the number of dairy cow#
ion such farms gsj April 15, 1910, was
; 326.U0U. The amount of milk reported I
: was ?5.555.000 gallons: assuming that
I there were the same number of cows !
I in 190? as in 1910, this would represent
an average of 203 gallons per cow. In !
considering this average. fcowe\er, U
should be borne in mind that the quan?
tity of milk reported is probably de?
ficient and that the distinction between
I dairy and other cows is not always
! strictly observed in the census returns.
By reason of the incompleteness of j
the returns for milk produced, the Cen?
sus Bureau has made no attempt to |
determine the total value of dairy j
products for 1909. For convenience a
partial total has been presented com?
prising the reported value of milk and |
cream sold as such and sold on the !
butter fat basis ahd the reported value |
i of butter and cheese made, whether for i
home consumption or for sale.. The
total thus obtained for 1909 is $7.70? 000.
which may be defined as the total value
of dairy products exclusive of miik and ,
cream used on the farm producing.
Less than one-tenth of the milk re- j
ported as produced by Virginia farmers
in 1909 was sold as such. The butter
made on farms in 1909 was valued at
$5 ?3,'A0.
The Sheep Industry.
The total number of sheep of shear?
ing age in Virginia on April 15. 1910, was
439.00' representing an increase of 119
per cent as c-ompared with the number
, on June 1. laou 092.000:. The approxi
i mate production of wool during 1909
.was 432,000 fleeces weighing 1.937.000
i pounds and valued at $564.000. Of
these totals, about one-eighth repre?
sents estimates. The number of fleeces
produced in 1909 was s.2 per cent greater
than in 189?. The average weight ?er
fleece in 1909 was 4.5 pounds, as compared
with 5 3 pounds in 1S99. and the average
value per pound was 29 cents, as com?
pared with 20 cents in ls99.
Poultry Products.
The total number of fowl* on
Virginia farms on April 15. 1910. was
? 100 000. Of the 170.207 forms reporting
fowls, 12.700 did not report any eggs
produced in 1909. and 14.095 did not -
report any poultry raised in 1909. The
production of eggs actually reported ,
for the year 1909 was 33 545.000 dozens.'
valued at ?.577 000. According to the'
Twelfth Census reports the produc- '
tion of eggs in 1899 was 25.550 009 dozens,
the value being $2.07.000. The latter
i figures, however, arc somewhat in
excess of the actual returns at that
census, because they include estimate*1
made to cover those cases where the;
schedules reported fowls on hand
without reporting the production of!
eggs In order to make the returns:
for 190? comparable with those pub- ?
lished for 1889 similar estimate* have,
been made, the method of estimates I
and the justification therefor being
substantially the same as in the case of"
wool. The total production of eggs
in 190?. including these estimates, was
135.101.000 dozens, valued at $*.8S2 000.
The total production of poultry in
190?. including estimates made on the |
same basis as for eggs, was 14.2*!,300
fowls, valued at $S.145.mn.
Animals Sold or Slaughtered.
The total value of domestic animals
sali during 1909 was $20.125.000 and that
of animals slaughtered on farms $8
tiS.OQO, making an aggregate of $28,
?83.(100. This totsl. however, involves '
. onsiderable duplication resulting from
the resale or slaughter of animals
which had been purchased by farmers
during the same year.
The value of all the cattle rtnclud-'
trig calvesi sold during ISM represented 1
about three-fifths of the total value i
of animals sold, and the value of the !
horses sold represented somewhat lees
than one-fifth of the total
The census or 1900 called for the re?
ceipts from the sale of all domestic ani?
mals raised on the farms reporting
and the value >,f tho?? slaughtered dur?
ing 18B?. which amounted, respective?
ly, to $7 ?? om and $S.8?.onn. The item
at* sales is not closely comparable with
that for l?0?. when the inquiry covered
all sales, whether of-animals raised on
the farms reporting or elsewhere. Ill
is believed however, that in manv ;
? ases the returns for ISS? also included
receip' * from sslee of animals not ;
actually raised on the farms report-1
The General Crops.
The total value of crops in Virginia :
in Ith? wss ?ID.S2l.eno Of this amount. ,
st per cent wss contributed by crops
for which the acreage a* well as the;
value was reported, the remainder eon- ;
Slating of the value of by-prod'., '*
'straw, garden and grass seeds, ah
derive*! from the sams land aa other
crop* reported, or of orchard traits,
nut*, forest produc*. and the like.
Tbs combined acreage of crops for I
which acreage was reported wa* ? SM
SS representing ?1 1 per cent of the to?
tal improved land in farms 9*7?.
Ota acre*) Most of the rsnrtstnina im?
proved Isnd doubtless consisted of
improved pasture land lying fallow,
house and farmyards snd land occupied
by orcaarde and vtnsyards. ths acre?
age tor which wss not reported.
Th* general -r ; -
agriculture Is Indicated by the fact that
about two-fifths (*? $ per eenti of the
total value of crops In 1st? was con?
tributed bv the cere*!* *?>nut one-slx'r.
(17 I per -en' by potat-sss and othsr
racetsblss. about one-eighth Ti I per
-se.t by tobaoon and o??-t?Mt.
-, r? a- 1 . i per cent re*p*c
tlrslyTbr h.y ?n^X^^r:
mostly of grains and sseds. other than
cereals and fruits and nsrsa.
T*e ? crops in MsV was 714
ne- ""nt gr**-v than In las?, this In
oynaaahsA? no dwsrht dus in part to
In Bread
There is Strength
? Light Bread is the one food which perfectly combines
3 in itself all the elements which give strength to the ^
ffy body. It is, and always has been, the chief food of
the earth's hardiest peoples.
None of the "breakfast foods," "health foods," or
other "fad foods" can equal good light bread in
nourishment. Nor can meat or other heavy foods.
Light bread, when properly fermented, is, also, the
most digestible food?and, withal, the cheapest. Those
are good reasons why you should
Eat more light bread
and because of its lightness and tenderness and perfect digestibility;
you should always
Eat light bread made with
Fleischmann's Yeast
Your grocer or baker will give you the new Fleischmann book,
"Good Things to Eat Made with Bread," which tells how to
make many delicious dishes. Ask for it
fell
IjKI
hm
higher price*. There was a decrease of
1 I per cent in the total acreage of crops
for which acreage was reported, the
greatest absolute decrease being that
in the acreage of cereal*, and the great -
? cat absolute Increase that In the acre?
age of har and forage.
VrcetaMe* and Small Fruit?.
In 190* the total acreage of potatoes
and other rsfrtsbhl was BJ.us and their
value $1" t*? oon F.zHudir.g p^'s*^??
. and sweet potatoes and yams, the acre?
age of vecetaMae was IM IM and their
? raJue ssVSSS.sn both acreage and value
being materially greater than In ras?
Strawberries are by far the most
important of the emal' fruits raise.1 -n
Virginia, with raspberries and logan?
berries sr.d blackberries and dewberries
ranking second and third, respectively
The vaiua of th.' strawborry crop in IsW
was mm.ssS The total acreage of small
fruits in 1st? was : Jss. and in mm. ? m.
a decrease of IT 1 par rent The pro?
duction In ims was ll Ms rociquar's. as
; compared with U&MtJn UM. and the
wl'h'sTMV*>T"1 i?m M oompared
rnhfed^u ?"ms^b? ^^^S^?fSS
raVMl.tr. rjtr,i>vMhi^f thUi^a^ntity
it in im were valued at
>n of all orchard fruit*
?M 17 J per rent !??**
i that in l?ja while the
e?ar. dried fruita and th* like, and
y therefor* involve *om* duplication,
ll* the value* ehown for I tot relate
r to the predacte in their original
dltlon
CASTOR IA
far hdasu trntj mm\\\m
TN KM lm\\mk\w%p
Haart the
?ofnatmre of
- ?
The Confederate Museum
TWaXITH AMD CLAT tTTRKaTTaj,
Op*a ? A, K. ta m 9. ?
GIVES ID
FOR
S40.000
OR CAR
FARM
Machine Wa? Second-Hand, and
Now Standard Oil Wants
Property.
Haa'tnfn. N'nb . January a?F. A.
Brando*, a Haattna* automobil* d*a!*r.
la now on his war to Oklahoma 'n tak*
a look at an et?htr-e<-r* farm. Ja? mil**
aouta of Kanaaa City, which n* traded
for a a*r-ond hand motor rar. ant for
which h*
An Ada
Rrandea Ja a i
>d~* in a tr>"
dar laa? Aerv
t* *h* latter ?
obii* that
rand** set
i tan offered
County farm
?ilativ? 'ram
er?found Me
ram* of mind
th tt
;ir.d of farm
aa much or
? ? ?--* -ha?
vorth much
ee-1 away b*
ad, Ks
never v in ted hit Oklahoma property.
A few d?v? are he referred an offss
of ft* W for the forgotten farm. He
waa at Brst ln< lined to accept the offer,
but finally concluded that the telegraph
operator had made a mietake In copying
the message, and the offer anas only
I IMS. He wired back a refusal.
A no-her offc- followed soon. Thuir1?
sit thousand dollar* was bid for the
land. Thi* convinced Ntr. Brandet)
rha- rh* first Sgur* was g*tv::ne bat
?ir.ce th* second offer had corx* to nine
so quick Iv he decided to reject it ss*a
investigate for binrtsNf. A third n*>
?agf hid ?SO.?SB for the farm.
Brand** ha* learned that all the of.
fara came from Standard Ott InterssJs)
that aeek the property becauss oU saag
dt*covsrad adjoining the .and The
Hserttsajp faan will turn a d-?r ??r ?o atl
proposals unttl he has visited his Okla?
homa land
I SBSSSBBSSBSBSBSSBBBB^
Richmond Trust & Savings Ct
IIS? i.**t a ate Stisst,
Only place in Richmond wterg
yoc can get saving* deposit cards,
*5c, 50c or $z.oo*
