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The Havre herald. [volume] (Havre, Mont.) 1904-1908, October 07, 1908, Image 4

Image and text provided by Montana Historical Society; Helena, MT

Persistent link: https://chroniclingamerica.loc.gov/lccn/sn84036162/1908-10-07/ed-1/seq-4/

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#***...-.*.w sare ids.. ..
aSum .a . me m ms --e
,- resew , a n tame R K. r lw, a
ms=*..E, onsluws or . dmmstw:
msseI wmgrm iata mmine0ta, as
maret Is, 1908 , apmea e lageat
etl st a pepis's mfer * areon
- eatar weighlig atf mails when atr
uat tMote we e made to determine
-at er mpensatlme te nltreads
*ISJ6 seceivea ar astr
"Ma. Chalames, A dealivet my ad
' _es a rew days de sO polal seam
St1as, in Uisaslag te laterpreta
ie st the law, as the welIag of
Me maln, I tailed to sts the law Ot
S'subject, and I wi , to do es now:
"* 'he average weight to be aecer
nMed, in eayery as, wy te actual
abil met rthe mails fodr seh a mum.
at eeeaslrte woriuag days, net
me than thirty, at suLe times after
aene 80, 1873, and net less frequently
Man orre In every tear year..'
"Later the time rwas change to
Mety days. Otherwise the law tar
met been changed be this data.
"Untli March !, 1)O, the depart
met required the mail to be weighed
ar aninety days. Sunday wasn net con
midered, so that the weighing eovered
a period of one hundred and Ave days
Lastead of ninety suecessive days. In
ether words, worklng days were eow
strued to mean week days. Postmas
ber General Cortelyn changed this in
orpretatlon which had been accepted
s correct for over thirty years and
bened the following enorder as his con.
rc tion of the law:
"*That when the weight of mall is
tken on railroad routes, the whole
mamber of days the malls are weighed
Sall be used as a divisor for obtaln
kg the average weight per day.'
"This required in offect, that, in
Stead of dividing the number of work
a.oer week days la the weighing
rlod, the devisor should be the num
ber of days on which mall was actual
tr earrled during the period. If it
was weighed one hundred and five
days, the divisor to obtain the dally
hreight was one hundred and five. If
*e mail was not carded ea Sunday,
*e divisor would be ninety. mThs, as
p.o can readily see, would give less
sompensation for earrying the full
--eek than for six days, for th, ac
rnmulated mall would be practically
-le same whether saie ha six days
or in seven.
"The present peatmaster general,
seeing this predicament, lssued another
order of eonstruetlen, known a 'order
di,' whclh is as follows:
"'That when the weight of mail is
gken on railroad routes Ite whole
number of days Included ,l the weigh
2,g period shall be used as a divisor
ter obtaining the average weight per
day.'
"If the constructla up to last year
was right, then there has been with
held from the railroads this year ever
$1.700,000 that 1i theirs under the law.
It the present construction is the prop
er one, the railroads have received
over $70,000.000 since 1880 that be
IDugs to the people; so that whichever
Slew is sustained money has been
wrongfully withheld through the post
,tee department,"
4WHER2E DID YOU GET IT'
"Wnole Joe" Invites Demand That
He Show Where He Got
His Wealth.
speaker Cannon intimated that Mr. s
Bryan had become a millionaire. The a
speaker was speaking in his home a
t-wa, Danville, Ill.
The following day Mr. Bryan, speak- I
iag also In Mbr. Cannon's home dis
trict, opened his ledger to the gaze
of the American people and showed
that he is worth approximately $150,
,N.
Having thus accepted Speaker Can- a
non's challenge to "'fees up," Mr. r
ryafi demanded in return that t
eaker Cannon "snitch on himself;" a
at is. that Mr. Cannon also "'f ss a
up," and relate just how he got Ils t
wealthb.
It is a perfectly proper thing, too;
for some people have been worried t
that Mr. Br-,an has succeeded by his a
great indu'.try in upbuilding a com- t
petency for his old age. r
Salary. Lectures and Books. I
"It was from what I saved from my I
opngressional salary, and gained from I
Ipctures and books and the profits of
"'Te Commoner' that I get what
smoney and property I have," Mr. 3
Bryan answered, In substance. "W\ill t
Mr. Cannon now tell the people how
he amassed his wealth? He has been
hampered more or less by official
duties during his term of service In t
the congress, yet in spite of that ob
stacle, he is commonly presumed to
possess considerable of this world's
goods."
Now "Uncle Joe's" Turn. t
None will deny that it is now Uncle
doe's turn to take the people into his *
confidence. Down in Danville, it is
true that Mr. Cannon and his brother
as bankers are thought each to have
amassed much more than $1,000,000.
Certaluly, his credit in the financial
world rests on the general belief that
approximately that sum represents his
earthly possessions.
If that be true, it is to be hoped
that the speaker will give details as
to how he got it. If it be untrue, then
-let him tll exactly how much he is
worth, and of what his wealth con
gilts, and follow Mr. Bryan's example
-n taking the people Into his confi
dence.
Mr. Causea cannot gracefully re
fuse to [o this. For he himself in I
ISME COO000 IDENCE
w Secretary Gagp and Con,
gsessman Fowler on the De.
posit Guarantee.
Rm WALE IAILhRI CIThD
IeMagla easo Aetion Like uPle Pro
piMe by Demoerat.
s Agatnst eoneas Bantkem lat.
fIamg Raun- Modera System of
aedita-Bankbook Shol4l
Is Weart Paso Ahlwans
tr Ieab m. Lathrep.?
Sats J. Gags, former secretary at
00 keasuy, may be regarded as suf
eiseatly "emaervative" to obviate
Issu thet he would be "unsnafe f his
banking views. Before the house com
Mlitee an banking and eurrency in
Washlnemsa Mr. Gage discussed aa
$oAal nlances and particularly the na
easal bank. He sought an illustration
of the idea he was expressing, which
i general was Ia support of the guar
Satee plan. and like many others
nd it it h e Walah ftilure in c.t
After explaiinag how the elearing
bhase banks took over the assets ot
the failed Institution, guaranteed ah
depseitorm, and prevented runs ea eth
br beaks, Mr. Gage said:
Mr. Gage's Statement.
"Well, they learned another leasen
ean they adopted another principle, a
prineiple provided for in this (the
Ieowler bill. By the vote and vol
natary eomplianee of all the members
of the Olearing House association,
they authorised the clearing house at
any Mme and at stated periods to act
pset Its own volition and on its own
aeeunt, and for the informa,tioa of
the clearing house committee Itself to
have fall, complete and eemprehenslve
Investigation of each member to the
aseseiation, and not only at each mem
ber, but of every institution that nar
ries the name of bank over it that is
leared or represented In the clearing
hease by any clearing house ba k: and
I can tell ye mas a safe prophecy that
we are at the end of disastrous fall
-re in the city of Chicago by clearing
house banks, since this regime has
some In. I am teld that Kaneas City
has tie same thing, and ether cities
will eventually adopt It."
epresaentattre Fowles, Republican.
Charlee N. Fmlier, Republican, of
Wew Jersey, chairman of the house
sammittee ea banking and currency,
appears in the Congressional Record
.ith a house speech in support of his
bil which provided for guarantee of
bank deposits. He specially answered
te assertion that such a guarantee
would induce reckless bankinL say
tig:
"Mr. Chairman, we are oceasionally
met with the statement that guarantee
at deposits would lead to unsound
banking. * * * Can you think of a
banker, because he had Insured his de
polsits, going into the directors' room
and saying: 'Gentlemen, we have in
eared our deposits today. Now let us
proceed to make some rotten loans?
"ls It not posstble that it will occur
to those directors that their losses
meet eome out of their profits, out of
their reserves, out of their capital, and
eat eC their reputations? Will they
not realize that they can get nothing
out of the guarantee until the last dol
lar of their capital, surplus and
profits has been wiped out, and stock
holders have been assessed double the
amseunt of their stock?
The Bankers' Reputation.
"Until their reputations have been
injured, if not ruined, and poasibly
some of them hare been started on the
road to state prisam Can anybody
think that any board ao directors of
any bank would be less sollcitious,
anxious and honest and wise alfter
they had guaranteed deposits than
they were before?
"I assert again, after the most ma
ture deliberation, that :f there is one
reason for insuring life and home,
there are more than a thousand good
reasons-more than ten thousand good
reasoen-why the depoeitors of the
banking Institutions of the United
States should be Insured."
Two Valuable Contributions.
These two men have effered valua
ble contributions to the discusson of
the proposed guarantee of bank de
posts. Mr. Gage has set forth the
present trend of bankers towards a
eloser watchfulness over all institu
tions which accept the people's money
is trust, and has Indicated the exact
means whereby, under a guarantee
law, bankers would do as now they do
-maintjin an association empowered
to leek sharply inte Ananclal concerns
which seem to be departing from
sound methods.
His reference to the John R. Walsh
tailure in Chicago was doubtless be
eause it was known to the country
generally, having been given wide pub
licity and therefore mooeet likely to at
tract attention as as illustration.
However, there is searcely a locali
ty wherein bankers in late years have
not gene under toppling banks and up
held them by guaranteeng deposits
wholly or Ia part, Ie order to help in
the quelling ot popular distrust and
the undermining t ss8eLdeaee in all
banking inatitiudms.
No Delay fee Depositors.
It is quite apparest that under
garantee of deposits there would be
IF IY) ARE HOT
Cool off at
B ECQSTEADS
F- .UNTAIN
NEW RIGS--NEW DRIVERS
SWANTON'S EIVBtY U
WM. J. SWANTON, PRo .
Phone 1T, Second Street Open Day and ILght
HAVRE - - MONTANA
Pioneer Meat Company
L. K. DvLnrw, Pres. F. B. Baowx, Vice-Pres.
Wholesale and Retail Dealers Ia
Fresh and Salt Meats
POULTRY AND FISH
McCLELLAND COMPANY
SUOOBSSORS TO J. 1. ROSS
LIVERY, FEED AND SALES STABLES
Nothing but Best Equipped
FIRST CLASS Stables it the
Turnouts State
CHINOOK, - - MONTANA
The Montana Hotel and Grill
THE MINT
C. W. Young, Prop.
Agent for Montana Brewing Co.
Ther's a Quiet Eleganrce
about our parlor furniture that is
usually associated with much lar
ger expense than is necessary un
der our system of pricing. You
i certainly should see our display of
suits, tables and odd pieces. They
are the acme of good taste in fur
niture making and their low price
4 --- make this an unusual opportunits
to refurnish at little expense.
BROADWATER, PEPIN & BROADWATER
09%1 414W- 4W
An Inspection of onr Stock will at ooei Conviaes
You of itt
Complete Replenishing. Consiating of The
Latest of high Grade Jewelry, Watches
Clocks. Community Silverwrse.
Manicure and Toilet Sets
Stirling Silver Novelties, Cut Glass, Udisoh
Phonographs, Musical and Photographic Sup
4 plies. We do Fine Watch and Jewelry eo
pairing and Any Style Engraving.
WE TEST OUR GLASSES ALWAYS FIT.
EYES FREE
ST F=O.... E
Jeweler and Registered Optician Opp. Hotel Havre
Marble and Granite leonliness s Next
All Sizes or Steam Baths
All Sizes
...... AT......
All Priceb THE
All Materials PALACE BARBER
HAVRE MONUMENTAL SHOP
.WORKS.. Iecd Attention Given to Ladies 3kha-.
pooing and Face Massare
B. U. GREEN, Proprietor J. Q. HIoo rKTT, Prto-..
af& LOOK AT YOUR
TABLB! EXPENSM.
- -- after you have used our meats
awhile. It will sarprise yos to
find them considerably lefs then
formerly. Yet you haev enjoyed
-.W ifiner meats than ever before. The
reason is simple. Our meats are
so good that every ounee of them
is eaten .There is, therefore, no
waste, and the stoppage of waste
is siving. The beet is the cheap
est.
HAVRE MEAT MARKET
W. E. WILTNER, Prop.
TELEPHONE 11. Havre, Montana
-- --ยท -------
C. H. VOLLMER
Blacksmithing and florseshong
First Street, between First and Second Avenues
HAVRE, MONTANA
JiManufac.tre of Yehiola of Adl Kinrds Promp~ y
L4ttended ts
My Personal Attention First-Class Blacksmith
Given to All Work Coal For Sale
H HE TURF EXCHANGE
ONLY THE BEST A SQUARE DEAL
BRANDS FOR
AND BREWS EVERY MAN
HAVRE - MONTANA
1W W W WWWWWW W W
--- --------%.,-k.--.---.H C--1 -
Get Your Bath
-AT THE
Havre Steam Laundry
Leave your Laundry and have it ready
for your next bath.
--- -- ---- --------- "4 I
A popular resort for
Y A popular beverag.,
I J.C.Bailey A popular eigar fer
A popular pries,
Where All the Popular People Come for an
Hour's Reorestioa
. .. .... . ... . . .. i . . . . . .* ~ i ....

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