Newspaper Page Text
THE ROCK ISLAND ARGUS
THURSDAY, JUNE 27, 1912.
GROUP ONE OF
PROMINENT DEMOCRATS ON THE SCENE AT BALTIMORE
-ROClCIIyAND. ILL. TAioSn cr
Hot Weather Underwear Specials Friday
Five Big Offerings for Women
financiers of Thie Section
Gather in Moline for Eighth
LIGHT WEIGHT bleached cotton
union suits, the cuff knee or lace
UNION SUITS of extra good qual
ity, fine whi;e cotton, in botn the
6?c FOR FRIDAY, women's lace
trimmed auu cuff knee union suits.'
trimmed styles in regular
sizes, Friday only
cuff knee ar.d 'ace trim
med styies, Friday only
These are gocd values at
S."c, Friday only
SPEND DAY ON THE RIVER
r . .
Feature of Irorram I Address on
Hanking lU-fortn by Wisconsin
50c LACE TRIMMED white cotton drawers in ;
5 STYLES in'under vests, choice
ah'.ch includes ali regular sizes,
special Friday, only
of the lot
tight band style, all regular sizes, extra good
LvVgr' .7 " 1,f? V; i
Members of group one of the Illinois
BankfTB' aMiciation m'-t In their
eolith annual convention at Moline
this morning, and at & o'clock left to
fcpond trie day on board the steamer
W. W., which will take thf-m to Musca
tine and return. The business session
of the convention was held this morn
ing, and the afternoon was 8ent in a
social way. In addition to the isual
routine of business. Including reports
and election of officer, the program
Included an address by W. A. Scott,
professor of political economy at the
1'nlvcrslty of Wisconsin. The subjct
of the professor' talk was "Monetary
Commission's Recommendations." and
his speech In part follows:
XK.rns op roi vtr y vary.
"Th'Te is a difference," said Profes
sor Scott, "of hundreds of millions of
dollars between the amounts of money
required for the transaction of the
business of this country In the spring
and fall of the year and In mid-sirmmer
and mid winter. Th beginning of the
processes of agriculture in the spring '
and in the movement of the crops in
the fall make enormous demands upon
our currency system to which there is
nothing corresponding in the other
seasons of the year.
"I'.y the statement that our currency
is absolutely unresponsive In its fluctU'
ations to these needs. I mean that Its
fluctuations have no connections what
ever with these needs, and that It does
riot expand when these needs require
more for their satisfaction nor con
tract when they need less.
HI.ANTir ( I RHEXCT.
"This lack of elasticity in our cur
rency eystemj' ald Professor Scott,
"is reFponsible for two serious evils:
a retarding and handicapping of com
merce and industry during the seasons
of maximum demand (spring and fall)
Left to Hgtit, Theodora Belt. Guy B. Tucker and John
Amone; the more prominent of the i. repressive Democrats at Baltimore Is Theodore A. Bell, national
committeeman from California. Bell wa the Ijemocratic candidate for governor tit his state two years ago.
but was defeated by Hiram Johnson, the progressive Republican. Guy B. Tucker is national committee
man from Arkansas. John E. Lamb la a prominent Indiana Democrat, and waa formerly national commit
teeman from his state.
having been created ty the very condi
tions which gave rise to their neigh
bor's need for their help.
CA1KS CiltF.AT 1.0F.S.
"Under our system of scattered re
serves and because of it financial con-
fiagrations sweep over this country at
I frequent intervals, consuming hun
jdreds of millions of valuable property,
for considerable periods of time, put
ting a stop to a large part of the regu
lar industry of all sections, throwing
out of employment and keeping out
for ilong periods of time millions of
men, the sole means of support of
their families, and pushing over the
poverty line thousands of our weaker
HIT THE TRVSTS.
Professor Peott went on to discuss
the centralization of the control of
great Industries, which has been going
on the last 15 years, and the trit
movement. 'These involved financlrl
operation of such gigantic scope that
the financial machinery was inadequate
to cope with them, and it was gradu
ally transformed by the financiers who
Gerald Means Rock Island
Miss Anna Johnson Rock Island
Harry W. Kipp Moline
Miss Etta M. Lear Hampton
Robert R. Kuschmann . . . Rock Island
Miss Myra A. Schlemmer. .Rock Island
Frank PeSmet Rock Island
Miss Camilla Molle Rock Island
N'eal Ryan Rock Inland
Miss May Glaser Moline
had the enternrise In charee. hv thu
and the stimulation of Kculation cnjrreation nf iwo colossal confederations
headed by the National Citv Bank of
the New York Stock Kxchangf and
elsewhere during the seasons of min-1
"The wea.'iies8 and folly of this sys
tem" (M-attcred bunk reserves), said
Professor Scott, "becomes obvious
when one notes the purpose for which
bank reserves are supMsed to be kept.
They are designed tu -erve as a ir
tcctlon in t.'me of assault, as a means
of meeting a 'run' and of satisfying de
mands arising from unforeseen causes.
It is analogous to that of keeping re
serves of water as a protection against
MtRt: A I OMTtlllHUV
"Imagine, if you can. a system of fire
protection which would require each
householder to keep about his house a
few barrels of water and a few buck
ets to be hsmI only In case of fire.
M'lth sin h a system a very small lire
starting at a single point might be ex
tinguished Jf the householder whose
home was attacked discovered it very
water lit once.
"A Utile delav
LOSES OPTIC IN
Charles Hopson, Colored, Sus
tains Injuries While Sweep
ing in Driffill Office.
BROOM CAUGHT IN WHEEL
Eye Is Mashed and Gash Cut Above
It, Necessitating 12 Stitch
Taken to Hospital.
New York (the Standard OH bank),
and the other by the National Bank of
Commerce J. Pierpont Morgan's).
"One," said Professor Scott, "con
trols a part of the railroads, the trusts
and the financial institutions of New
York; the other the remainder.
Through the numerous connections of
their constituent elements the power i
of these federations over the industry
and commerce of the country is enor
mous. I i redly or Indirectly It prob
ably touches every man's pocketbook.
Our hanking system is the chief instru
mentality through which this power is
"The enormous value of stock and
bond issues which they control add
the vast sums redeposited in banks af
filiated with them make Jhem domi
nant on the New York stock market
land very influential in all the stock
markets of Ihe country.
their interests harmonize with brute
force if necessary."
SI .(.K.1 A RKWKIIY.
fatal, and the house would have to go.
His neighbors would not and could not
h' lp 11111) out by offering him the whole
or a portion of tln-ir reserve supply of
water because, forsooth, they had ac
cumulated that supply for the purpose ' suggested that a remedy would be to
of protecting themselves in similar . institute a cooperative reserve which
straits, and with a fire next door their ivould be available in any quantity at
tKvd for such protection would be nt j any point w here needed in times or
its jiiuxlruutu nt that very moment. , financial stress. He also said that an
. . . ! evolution of the present clearing house
mam m ' system could be brought about with
(i.reiit flvantacn T n the hnnlllnp m.ri 3
I with a plea for a new banking law.
Yhile sweeping around a Gordon
press in the office of the Driffill Print
ing company, 219 Eighteenth street,
at 3:30 yesterday afternoon, Charles
Hopson, the negro porter, caught his
broom in the revolving fly-wheel and
was struck squarely in the right eye
by the broom handle, thereby losing
sight of the optic. His wounds were
dressed at once and though 12 stitches
were taken above the eye, the accident
victim refused to allow the adminis
tering of an anaesthetic. Iter he
was removed to St. Anthony's hospi
tal, where he will undergo further
treatment. As he was leaving the
office, he raised the lid of the injured
eye, learned that he could not see,
and calmly remarked, "She's done
gone, all right."
4.KTS KKIIIM) ,l AIU).
Hopson was engaged in sweeping
the press room and when he reached
the Gordon press, he noticed some
paper lying behind the guard and
near the fly-wheel. Without a thought
of danger, he pushed his broom back
of the guard and it was then that
After telling of the evils of the pres-"l "BS l"e rotating wneei.
ent banking system. Professor Scott!" ' , 1 "u"1
'Thev fir in a tmsitfnn (n inflnonr
and applied his small supply of ,.i . ,, .., j ,v.
lng power of the banks of the .entire
however, would be country, and on this account to make
out of his hands and before he could
move, had struck him in the head
with terrific force. His eye socket
Fuel company will deliver to you all I
the best grades of hard and soft coal, j
Strecker & Lewis, wholesale and re
tail agents for Sanitas the washable
wall covering for kitchens and bath
rooms. Sterling Clothing company, H. Ru
ben, proprietor, is making the low
est prices on clothing and shoes ever
" Sewng machines repaired and war
ranted for one year. Supplies for all
machines. Fiebig, locksmith, 1C19 j
Ward & McMahon will give you j
estimates on your plumbing, steam ,
and hot water heating that win save
A fireproof safe in the house or store :
is a necessity. We have them from 1
$12 up. Fiebig. lock&iuitih. 1C19
Lerch & Greve, wall paper and
I paint store, will help you select any
of the 1912 designs in wall paper for
your borne. 2002 Fourth avenue.
Bartlett Bros.' teas, coffee, spices,
extracts ana DaUing powders have no
equal. One thousand people are or
dering from us daily. Follow the
Try the City Steam Laundry, Reid
& Bollman, for first-class laundry
work. Hav the new yellow automobile
can ior yours. we guarantee no
cracked collars or cuffs.
Baker's laundry calls for your
laundry and uses the mo6t sanitary
methods with modern inachi&ory.
making your clothes pure and sweet
and white as snow.
Here are some of the prices: Fin
ished plate rails, 10 cents per foot; un
finished p!ate rails, 7 cents per foot;
room mouldings, lVi cents per foot.
P. J. Lee, 1203 Third avenue.
Dunsmore and O'Connell smoke
house and billiard parlors, corner of
Twentieth street and Fourth ave
nue. Every brand of good cigars and
all kinds of smokers' supplies.
Horst & Strleter company, auto
garage, the finest in Rock Island.
Their Moline car is the acme of auto
perfection. A ride in this car will
convince you it is the car to buy.
The Cable music house has been
having a good trade in pianos and
talking machines. Free entertain
ment at our store. Come and "hear
some of the selections that are new.
The Carpenter Coal company. has
supplied hundreds of Rock Island
families with best grades of hard and
Hot Weather HosierySharp Specials
Sharp, special prices on many items of Women's, Misses" and Children's
down the hosiery aisle Friday and Saturday.
WOMEN'S black cotton
hose, extra- spliced heel
and toe, you pay 39c for
no better, Q(l
a pair JC
WOMEN'S fast Mack cot
ton hose, light weight but
12V&C ones, a pair..
WOVIEN'S otter, hose :r
pretty tan shades. lifVi:
WOMEN'S ?i'k boot hose
in i.lncU lisle tops and
sclos. most places
C0c, a pair
MISSES uiacK ueneva sim nose, nne riooea,
splendid wearing quality, t C
2nc value. Dair LVC
BOYS' medium weight, black ribbed hose,. ex
r:i ctrntii? heel :ind toe. l-t-.c ones.
a pair ' C
Men's Hosiery and Underwear Specials
MEN'S COTTON HOSE, medium
weight, in black and tan, all sizes,
regular loc quality, o
Friday only, pair OC
STERLING HALF HOSE, in bljick
tan, navy and grey, extra ccad
linen heel and
2 pair for
toe, ail sizes, Fn-
50c KNOT AIR silk lisle Vt hose,
tan, navy, wine and black, all sizes.
in the lot. Friday
Men's Underwear Bargains
MEN'S BALBRIGGAN shirts and drawers, long
or short sleeve snirts ana anKie lengtn drawers.
50c value, Friday
$1.00 HOT WEATHER, light weight union suits
in white or ecru, long or short sleeves and knee
or ankle length, TQ
Friday I C
MEN'S mesh shirts and drawers, 25c Talue. Friday
was all but gouged. The eye was soft coal that give excellent satisfac-
s Business loiiegei
OF F.N ALL SUMMER
Licensed to Wed.
1 lnt'.iAni- C 'v' CamlirilliTfi
New Class Starts July 8 jMiss Margaret E. Robinson
MMBHHHHMMMHMMa ' ROCk Island
$20, $22, $25
Order now for the Fourth
mashed and it will be necessary to re
move it. The socket was practically
uninjured, .while over the eye, a deep,
wide gash was iuflicted.
on i- A WKF.K.
Hopson, it is said, will be able to
resume his duties in about a week.
He resides near Tenth street and
Exclusive Local Dealer in Fine
Clothe tailored to A Order by
Ed. V. Price & Co Chicago
Pineapples at W'eckel's.
Try Weckel's Rest flouT.
Buy a home of Reldy Bros.
Tri-City Towel Supply company.
For express, call Spencer & Trefi.
Fill line of vegetables always on
hand at Weckel's.
Kerler Rug company for vacuum
cleaning and rug-making.
H. T. S lemon wants your tin and
furnace work; 152G-15ZS Fourth ave
nue. Lawn mowers sharpened and re
paired at Fiebig s. 1619 Third ave
nue. Our B. B. serge at $33 Is the beet
value ever offered. J. B. Zimmer's
Genuine Philadelphia!! la wr, mowers
for sale at Charles Fiebig, 1618 Third
Six per cent farm mortgages. Lit-
ttn Si Roberts, People's National bank I
Milan artesian water, approved by
city and state, delivered daily.
Phone West 1770.
tion. That is the kind they Bell at
Mueller Lumber company will en
able you to build a fine house or barn
out of the choicest select lumber and
you will be surprised and yet pleas
ed to learn the low prices they are
The Boston Shoe company shoe
store will please and satisfy your
wants in reliable up-to-date foot
wear, giving you solid comfort and
long wear. You will tell your
Souders Laundering company at
601-503 Twelfth street. This laundr
is equipped with the very latest mod
ern machinery, turning out work that
is not surpassed by any laundry in
Everything in plumbing supplies.
Math's bakery and confectionery
store, the finest in the tri-cltles.
Bread, cakes, pies, cookies and hot
rollp. They can't be beat. Most
people say they are superior to any
heme baking. Let them serve you.
W. L. Gansert's candy factory.
Rock Island's most important Indus
try. Chocolates, creams and cara
mels are soid by all first class con
fectioners and grocers. Call for
Gansert's and get the purest and best.
M. R. Iglehart marble and granite
works save you the middleman's
pro fit 8. From 15 to 25 per cent saved
on every monument and all kinds of
monumental work. Call at our shop
on Second avenue and see for your
Simmons & White, new and second
hand stores, two big stores. The
largest In the state. Their great
slaughter sale will commence In a
few days. Goods will be sold at un
heard of prices. Everything goes.
1517-1519 Second avenue.
Glasses In time save sight. Neglect
to have them properly examined may
cause a lifetime of sorrow and regret.
Small disorders grow more serious
every day. There is satisfaction In
knowing for sure that your eye's are
all right. Fred Bleuer, the expert
opician, can tell you.
ROCK ISLAND TWELFTH
IN INSURANCE LISTS
Rock Island occupies 12th place
this year in the list of cities receiv
ing largest amounts of insurance in
the shape of death claims and ma
tured policies. Throughout the
whole state $26,000,000 was distrib
uted, $114,750 of which came to this
city. Moline stood 19th on the list,
$83,750 being distributed there. In
the I'nited States as a whole the
enormous sum of $401,140,000 was
Have You a Deed?
An abstract, insurance policies, certificates, notes,
a will or other valuable papers? You owe it to
yourself and family to keep your valuable papers
secure from fire or theft. Our safe deposit vault
is absolutely fire and burglar proof and located
within our fireproof building.
TRANSACTS A CFNERAL COMMERCIAL, SAVINGS,
EXCHANGE AND SAFETY DEPOSIT BUSINESS
AFTERNOON AND EVEN
ING EXCURSION SUNDAY
On the steamer Helen Blair to
Muscatine. Leaves at 3 p. m.
crowding, good music. Fare
cents, round trip.
FAILS t,,e 'nor indicted officials of the Na-
tioiiiil Cash Register company must
Judge ICallister Sustains Indictments btaiid trial in the federal courts. In
l ii.ler Sherman I.aw. ,,,,, lirror attorneys for the de
Cinclnnati, June 27. Judge Holli-. fc-ndants contended that the charge
ster in the I'nited States district atnit.st their clients was indefinite
court here yesterday overruled a do- ami unieitaln, and therefore con-
niurrer to the indictments filed by at- trary to the constitution, which gives
torneys for the 30 officers and em- every man a chance to know with
ployes of the National ( ash Register what he is charged. A date for the
company of Dayton, Ohio, who, it is t r 1 1 1 will be set later by Judge Hol-
alleged, engaged in a conspiracy in lister.
No i restraint of trade in violation of the .
itO Sherman anti-trust law. This action. All the news all the time. Tl
means that President Patterson and; Amicus.
IfMW 0P1R A CTWa
Kaln and KelDhardt cigar store still ;
takes the lead. Most liberally patron
ized. Everything In tobaccos, cigars
and smokers' sup lies. Man is never .
better satisfied than when smoking !
their choice brands. '
The Rock Island Lumber and Man-'
ufacturing company, lumber and
building material for all purposes,
houses, barns, granaries. We will
give you an opportunity to save a big !
per cent. Let us be of service to
Phil. S. WUcher, the leading tin
and sheet metal worker. It will pay
you to learn about the Weir furnace.
counts for everything.
P. J. Lee sells wall paper, paints,
oils, glass, brushes, etc at the right
prices. 1203 Third avenue.
CfidL, coal,, coal. The Rock Island
1 has the refutation of zlvinc von
C. A. Epeidels drug store. the!th4, ereatefit heat and cocaum
quality. Qahty In drugs ; flhn... onhalf le coaL
E. E. Lamp, plumbing, steam and
hot water heating, gas fitting. His
efficient knowledge of the busiaeas
justly entitles him to your patronage.
Hia shop has all modern equipments, j
SCHOOL OF INSTRUCTION
Thorough training in the Twentieth Century's Greatest Science for the
REMOVAL OF HUMAN SUFFERING
Expert teachers and adjusters graduates. Why go longer to another
town, in another state, when you can get the real thing at home.
Free clinic from 2:30 to 4 p. m.
Office at 308 Safety building, Rock Island
A. R. ELY, D. C, President