Newspaper Page Text
1 Paso, Texas,
May 10, 1910 --- 12 Pages
All the Kevra
Herald Prints It First
WWIe It's Fresh.
The Town Wrecked By the Earthquake
Extravagance Is Assailed by
New York Banker as the
Menace of the Nation.
DEMAND ON BANKS
- FOR LOANS HEAVY
Nation, States and Munici-
i- palities Operated Under
In an address before the Texas bank
ers on "Our National Vice," Jos. T. Tal
bert attacked extravagance as the one
great failure of the American and de
clared it a menace to the nation. H?
attributed much of it to the automobile
and said too many people borrow money
to buy the machines because of their
love for luxury.
From a $60 bank clerk at San Angelo,
Texas, to the vice presidency of the Na
tional City bank of New York, one of
the largest financial institutions in the
United States, is going some even for
these days of rapid advancements, but
Joseph T. Talbert, who Gelivered the
principal address of the Texas Bankers'
association convention Monday after
noon, had such a beginning in the
banking world and at present occupies
-the vice president's chair in the great
National City bjnk of New Tork, with
a record of advancements which reads
like a romance of the business world.
4 Rapid Rise.
In the old minutes of the San An
erelo. Texas, National bank, appears the
following notation: "Joseph T. Talbert
was hired as a clerk at $60 per month.
Today that same name is one of the
bdst known in the banking world and
his judgment is considered as .sound as
The standing of the bank he represents.
After working in the National Dank at
San Angelo, Mr. Talbert went to Fort
Worth as assistant cashier of the Farm
ers and Merchants' bank. He then be
came & national bank examiner for
Texas and when J. H. Eckels retired as
controler of the treasury, to become
president of the Commercial National
bank of Chicago, he took Talbert with
him as his castiier. Later the Texan
became vice president of this powerful
-mlrinlfi western bank and at the time
he was selected to be the vice president
nf tvA National City bank of New York J
he was president of the Chicago clear
ing house, the most responsible bank-
mg posiuou "- ""- .,.
Ti.1 -Vi rlV
He is a man of 5U years, cieau .. "-
hndnoss man from hfs head to his
"heels. Coming irom me i. """ -Wall
street, he looks more like a pros
perous east Texas cotton broker on a
vacation than one of the leading fig
ures in the banking atfalrs of New
"Fork. , .
s a national bank examiner In
Texas, he became acquainted with the
bank officials and while here he is re
newLBfe many of his acquaintances he
a -hile he was examiner in this
Mr. Talbert said in part:
Our national vice perhaps I should
Bay our national folly is extrava
gance Poverty of resources and ad
versity of natural conditions, breed In
a people thrift and economy. It fol
lows that wealth of natural - resource,
ease of acquiring a living, and long
cylles of prosperity, beget Habits of
wastefulness a.nd prodigality.
For this reason extravagance has be
come not only a national, and charac
teristic vice, but is fast becoming a
The National THdictmcnt.
Recently it was declared upon the
floor of the United States senate, b a
member of that body who by reason
of his experience in public life and
fs knowledge of all the financial and
tconomic problems which confront us.
is qualified to speak with authority,
that if the business affairs of this gov
ernment could be conducted in accord
ance with the sound and economical
methods employed by great corpora
Sons an annual saving of not less than
i300.000.000 could be effected. This Is
a strong indictment of our government
al methods, but there is no doubt that
the charge constitutes "a true bill,
nor is there any doubt that a large
majority, if not all, our states and
municipalities could be tried and lov d
cuil'v under similar charges. The same
General indictment would hold good
against the individual citizen as welL
B .in- nlceH for Miserliness.
In the matter of individual expendi-
t ;, fhc fashion now to be ex
ft : tothe fashion now to be ex-
it is lc - ..! 1
travagant to the point or wasteful
ness, and the fashion Is running not.
Individual thrift is considered not
merelv miserly hoarding, but is looked
upon as a vice and a thing to be de-
Seedless squandering and reckless
spending on a large scale are not pass
ing fads or newly acquired national
habits which may be laid aside at
(Continued on Page Three.)
JUDGE COOLEY, OF
Santa Fe, X. 31 May 10. "Word is received from Alamogordo that judge
Alford "W. Cooley, ivho Trass a member of Roosevelt's tennis cabinet, has resigned
as judse of the sixth judicial district and of the New Mexico supreme bench.
Juilse Cooley came to New 3IexIco on account of ill health and his health has
remained so poor that he has to relLn aui.sli the duties of the judgeship.
t-j , v, s." " v s,i"vt'v -s. 7""-y' K i." ji " x J
Contractors Are Bushing the
Work on New Downtown
The Roberts-Banner building is to
have a fifth story. Tii's vas aefiniteiy
decided Tuesday morning -at a confer
ence between the men who are erecting
the 'building, the contractors and the
architects. The building is now ready
for the fifth floor, which will be poured
next week. It will then be the high
est building on the plaza until the new
Anson Mills building is completed.
Concrete material is being unloaded
at the site of the new eight story Amer
ican National bank on Oregon and San
Antonio; the supports for the fourth!
story of the Roberts-Banner are being
poured; the brick is on the job for the
Reckhart flatiron building on San Fran
cisco, and the old Mills building is torn
aa, v.a strt level and is being
T";" .-",: ee,Hi ,rSW
zinrpri as raDidlv as possible, a crew
working on it all day Sunday in order
to allow the contractors to begin worK
at once on the new 12 story structure.
The Schutz -building is now being
poured and is up to the street level. The
Bedford stone facing is being laid on
the concrete framework of the Kra
kauer, Zork & Moye three story build
ing, and the site is ready for the con
tractors to begin work on the new four
story Caplea building.
BABNS NEAB FINISH
Prepare for More Trackage
facilities Across Street
The brick addition to the El Paso
Electric Railway company's car barns on
Cotton avenue is now ready for the
roof and the barn will be in service be
fore another month. This building is
120 by 40 feet arid has two 120 feet
tracks and two pits for repairing cars.
Across the street from the barns the
company is putting In two storage
tracks which will have a capacity of
3S single truck cars. The construction
work Is being done by the Stone Web
ster Engineering corporation.
Tennessee Capitalists Secure
$22,000 Property Mat
thews & Dver Make
The Bradford Hardle ranch at An
thony, N. M., one of the largest and
most highly cultivated in the upper val
ley, has been sold to capitalists from
Tennessee by Matthews & Dyer,
nnmrw nf tliA nnrpliasprs have n
names of the purchasers have not yet
been given out but the ranch will be
occupied by the new owners of the up
per valley land. The 30 acres which
are not now under cultivation will be
sown to alfalfa. The price paid for the
170 acres which comprise the Hardie
ranch was $22,000.
Matthews & Dyer have also sold a six
room brick cottage to Mrs. E. A. Pum-
Continued on Page Four.)
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Organized Labor in Favor of
Acquiring "Water Plant.
Gets After Mayor.
HIS ATTITUDE ON
Organized labor is in favor of munici
The matter of the city purchasing lie
waterworks plant was approved by the
Central Labor Union Monday, night by
the following motion unanimously adop
ted: "We favor' the city buying the
waterworks plant at this time."
Strong protest against alleged em
ployment of noncitizen labor onr-the
part of city officials was also made.
Sixteen different organizations were
represented. Organised labor is on the
trail of mayor W. F. Robinson, as the
following resolutions denote:
"Whereas, the Central Labor union
sent a special committee to the mayor
of El Paso in good faith and requested
Him to use his good offices in remedy
ing existing evils in city affairs where
in foreign and noncitizen labor is being
given preference in employment by the
city, at long and unreasonable hours on
"Whereas, the said mayor not only
refused said reauest. but in a hauirhtv
and unfair manner admitted employing
(Contlnued on Page Nine.)
HEN I go into a bank I get
rattled. The clerks rattle me;
the wickets rattle me; the sight
of money rattlesme; everything rattles
The moment I cross the threshhold of
a bank I am a hesitating jay. If I at
tempt to transact business there I be
come an irresponsible idiot.
I knew this beforehand, but my salary
had been raised to fifty dollars a month
and I felt that the bank was the only
place for it. w.
So I shambled in and looked timidly
round at the clerks. I had an idea
that a person about to open an account
must needs consult the managei.
I went up to a wicket marked "Ac
countant." The accountant was a ta.ll,
cool devil.. The very sight of him
rattled me. My voice was sepulchral
"Can I see the manager?" I said.fand
added solemnly, "alone." I don't k!now
why I said "alon'' v 5
IISiLiilS3oiril i I
yimr 9 $ S 10 KBSB fi 'SKBr i 8
Opening a Bank Account and . Stephen Leacock
Then Taking It All Out Again In Life
VIEW OF 5A3SJ; .JOSEL C06TA FLlCi5
CRRli3S BANKS ON A "
STRING: OXLTT SEVEN.
It is rumored that T. F. Rodg
ers Is superstitious. Anyway
he is president of seven banks,
and that's a lucky number. Mr.
Rodgers comes from Collins
ville, which is in a dry county.
But seven banks in a dry county
isn't so bad. Mr. Rodgers is
not only all that, but is a direc
tor of the newly organized
Southwestern Surety Insurance
company of Denlson.
He's not dry while in El Paso.
JLeavin' tn' rarm. ier ur iteg-iar Army
is like goin' t' tb.' workhouse t' learn
broom makln'. Nobuddy ever agitates a
8 hour day fer mother. 1
"Certainly said the accountant, and
The- manager was a grave, calm man.
I held my fifty-six aollars clutched in
a crumpled ball in my pocket.
"Are you the manager?" I sa!4tv God
knows I didn't doubt It. '
"Yes," ho said.
"Can I see you," I asked, "alone? I
didn't want to Say "alone" again, ut
without it the thing seemed self-evident.
The manager looked at me in some
alarm. He felt that I had an awfu
secret to reveal
"Come in here," he said, and led the
ivay to a private room. He turned the
key in tho lock.
"We are safe from interruption here,"
he said; "sit down."
We both sat down and looked at each
other. I found no voice to speak.
"You are ode of Pinkerton's men, 1
presume, he ibid
He had gathered from my mysterious j
JTKE B&RKACK&.r AR3TAGO
, ikWJMxr.rnki 1 ll
1 Xt'".r5 PP" wi.-vr - 1 ...
v IS J &&k fA M
HYDE DENIES THAT
HE KILLED SWOPE
Sajs He jSTever Gave Poison
to Anyone Interested
in Germ Study.
Kansas City, Mo., May 10. Emphat
ically denying that he ever poisoned
any member of the swope tamily or any
other person, Dr. B. C. Hyde today com
pleted his direct testimony in his trial
Dr. Hyde acknowledged that he had
purchased cyanide potasium capsules,
but said he used the drug to kill in
sects, clean nitrate of silver stains from
his hands and disinfect towels In his
Some of the cyanide witness said,
disappeared at the same time Dr. E. L.
Stewart took the germs from his office.
Dr. Hyde said as. early as August,
190S. he had planned to experiment with
various kind of germs.
DOCTOR SHOT BY- A
FARMER AT DUMAS, TEI.
- Dalhart, Tex., May 10. In a stabbing
affray yesterday, at Dumas, Moore
Moore countv. Tex.. R. S. Pougue. a
! farmer stabbed Dr. J. H. Hale in his
I drug store.
(The dispute was on account of a rush
telephone .order for two doctors from
. Dalhart f
Hale is m a serious .condition, dui
has a chance for recovers:. Pougue is
under arrest and was brought to Dal-
hart for safekeeping.
manner that I was a detective. I knew
what he was thinking and it made me
"Xo, not from Pinkerton's" I said,
seemingly to imply that I came from a
"To tell the truth," T went on, as If I
had ben prompted to He about It, "I am
not a detective at all. I have come to
open an account. I intend to keep all
my money in this bank."
The manager looked relieved but still
serious; he concluded now that I was
"A large amount, I suppose," he said.
"Fairly large," I whispered. "I pro
pose $o deposit fifty-six dollars now and
fi-ty yriJars a month regularly."
Te hlnaSer ot UD and opened the
doofc. lie' called to the accountant.
"vy oi6ntgomery," he said unkindly
thr gentleman is opening an ac-
(Co1111111 on 1affe Three.)
Mixup in the Peception Ar
rangements at Berlin.
Kaiser jSTot in Berlin.
Berlin, Germany, May 10. Theodore
Roosevelt and family arrived here early
today from Stockholm. They are guests
at the American embassy. As- a result
of a series of misunderstandings, am
bassador David Jayne Hill was late in
reaching the station, while the royal
carriages Intended for the use of the
party did not arrive until the Roosevelts
had been driven in other conveyances
to the embassy.
Representatives of the foreign office
were greatly annoyed at the unfortunate
mix-up. In the absence of emperor
William, who but for the death of his
uncle, king Edward, would have per
sonaly met the former president, the
official part of the reception was head
ed by Herr Von Schoen, secretary for
As the Roosevelt's passed to their
carriages, they received frequent salu
tations from the throng.
One of Mr. Roosevelt's earliest ap
pointments was to consult a throat
FORT "WORTH CUTS GAS
ASH TELEPHONE CHARGES
Fort Worth, Tex., May 10. The city
commission today ordered prepared two
ordinances requiring a minimum month
ly charge of 50 cents for gas and 10
percent discount on telephone bills paid
by the 10th of each month.
MANX'S iUIEXDHEM TO
RAILWAY BILL KILX.ED
Washington, D. C. May 10. By a
vote of 169 to 160 the house today de
feated the amendment to the railroad
bill offered by Mr. Mann, of Illinois,
authorizing the acquisition by railroad
companies of stock of non competing
In The Herald's great serial story, ''The Third Degree," the most sen
sational feature is Tcached today. Capt. Clinton begins the fampus "third
degree" methods of the New York police upon his innocent prisoner. If
you haven't read the story, read this part of it anyhow. The synopsis will
give you the drift of thestory. It is worth your while, whether you like
stories or not, to read the instalments today and tomorrow and learn the
methods of the police in extorting "confessions', from innocent men.
Read what George Ade says oi Abe Martin also, Abe's philosophy on
page 7; it will cure the blues. .
President of Association Ap
proves It and Also Says
He Favors Ship Subsidy.
Following Opening, Secre
tary Beports on Efforts to
Apprehend Forgers, ;
The remarkable spectacle of ft coa
Tention of Texas bankers 2irinff thx
assertion of their president that "The
odore Roosevelt is the greatest ryy
sine Napoleon, was "witnessed In SI
Paso Tuesday morning. And the cheer
ing was not weakj it -was vociferooa
and loud. ..
This and the report of the secretary
on the work the association Ut doing
to drive out forgrers and criminate, "were
the principal features of the morning
At the afternoon session the addresa
of J". T. Talbert, a New York banker,
who started life in Texas, deploring the
extravagance of the nation acd laying
most of it to the automobile, was the
The president not only paid a tribute
to Theodore Roosevelt in his addreae,
but he also paid tribute to Taft by
endorsing several Taft ideas, Includlsg'
the central bank Idea and a subsidy for
an American merchant mariae.
Five Hasdrd Here.
Standing under the lone star of the
Texas republic and facing 500 of the
most representative business men of the
state of Texas, judge O. B. Dunlap.
president of the Texas Bankers' asso
ciation, called the 26th annual con
vention of that association to order
shortly after 10 ocloek Tuesday morn
ing. The invocation was delivered by Rev.
Caspar S. Wright, pastor of the Trinirv
Methodist church, of El Paso. Joseph,
U. Sweeney, former mayor of El Paso,
as the representative of the mayor, de
livered the formal address of welco-aae
on behalf of the city and the citizens.
Saying at the beginning of his speech
oof welcome that in vie wof the troubles
had had with overdrafts and notes over
due he knew of no body of men who
needed praying for worse than the
bankers, former mayor Sweeney then
grew serious and extended to the bank
ers the freedom of the -city.
He was followed by judge J. M. Gog
gin representing the Bl Paso clearing
house, who greeted the delegates and
visitors to the convention on the part
of the local bankers and dosed by say
ing that the key3 and combinations o
all the bank safes were at the disposal
of the visitors while they fwere in EI
Paso, and that none of the banks had
H- R- Eldrldge, vice president of tha
First National bank, of Houston, re
sponded to the addresses of welcome on
behalf of the bankers of the state aad
the association. He referred to that
hospitality of the El Paso peeple as
shown to the bankers when they held
their convention here In 1994 aad con
gratulated the city and its people on
the remarkable growth which. had
taken place since that time.
Upon motion of J. N. Brown, of Saa,
Antonio, a rising vote of thanks was
given the city for the reception asd
entertainment arranged for the bank-'
Judge O. E. Dunlap followed "with kls
formal Inaugural address touching -upon
the vital topics concerning the af
fairs of the Texas bankers. It was
when he referred to Roosevelt as "the
man of destiny that the bankers
the first demonstration of the conven
tion, cheering She president's tribute
to the former president loudly.
J. W. Soopes, secretary of the as
sociation, read his 'formal report, which
was received and filed trpoa raotloa
The report of T. W. Slack, treasurer
of the association, was also read and
referred to an auditing committee.
After the Crooks.
Treasurer Slack upon request then;
read the report of W. A. Boyd, of Cle
burne detective for the association,
which gave the number of arrests and
convictions which had been brought
about by the detective's efforts during
the yenr. The reading of this report
was followed by general applause for
the association detective and his work.
The five minute reports bv the dis
trict chairmen were filed with tbVS3r
retary and not read, in order to save
time. After the reading of a number
of telegrams of greeting from banka
of the country, the convention adjourn
ed for lunch at 12 ocloek.
Tuesday afternoon the principal ad
dress of the convention was given by
Joseph T. Talbert, vice president of the
(Continued on Page Two.)