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_THE BIRMINGHAM AGE-HERALD 1 volume xxxxrv ' NO LONGER SERIOUS CONCERN OVER OUR FINANCIAL FUTURE —SECRETARY REDFIELD All Information Reaching ) I Governmental Depart ments Indicative of Re turning Prosperity. EXCHANGE NORMAL ] AND THE NUMBER OF UNEMPLOYED IS LESS Secretary Redfield Summar- 1 izes Business Situation In Letter to Chamber of Commerce of U. S. nr"l! Tton, November 16.—All in reaching governmental de- t here indicates that the de- c ihich overtook business en- « V in the United States when i ;orm burst is vanishing. A « [look for the futui? was sum- « 3day by Secretary Kedfield r r to the Chamber of Com- £ the United States, in which £ d: £ worst be said and admitted \ be said respecting existing liffieulties in America, our c istill remain not only rein- l £ht, but rapidly improving t ny respects both prosperous < dug. " •Anut but sympathize with 1 tunes that have befallen in- c i all the belligerent* coun- 1 1 Mr. Kedfield. “and, there- 1 inch more grateful that no 1 threatens our own. No ob- { the large movements of oui * today fails to recognize the c ovehient that has been made 1 I conditions within the last 1 and which is still progress- * tayment of our foreign ob- 1 io longer causes serious r )e an import excess of 20 August has been changed ' export excess of ap- i r sixty millions in October. c : in our bank reserves in \ in August rose to a surplus ^ *ly this morth. t Lx chan pc Normal vourse of exchange has become j more normal. Clearing house certifi- % cates are being retired. Largo sums of emergency notes have been with-, I drawn and with the opening of the federal reserve system great addition- j. ft] supplies of loanable funds have be- * come available. There no longer is se rious concern over our financial fu- s ture. c “One can look back calmly now' to j the first weeks of August when there was a wheat embargo which some c. feared might mean sad loss to farm- 1 era. Those same farmers are prosper* * oils today, for wheat exports have be *n j unprecedented in amount and at prof- \ liable prices. Cotton has begun to move i and existing arrangements promise re- c (Continued on Page Eight) MIN FEDERAL RESERVE BANKS — ieserve Board Already Planning to Widen Field of Operation and to In crease Currency. JANKS’FIRST DAY * OF BUSINESS PROVE A GREAT SUCCESS ’resident WTilson Showered Writh Congratulations From All Parts of . Coun try. Define Time Deposits. Washington, November 16.—Al fiough the 12 federal reserve banks nly began business today, the fed ral reserve board already has before ; plans for widening their field of perations and increasing their store f cash. No definite data of the busi ess done was available tonight, but ecretary Willis telegraphed each ank for an account of its rediscount usiness and expected to lay a re orb before the board tomorrow. The board may not be willing to draw ©finite plans from one day’s business, ut the first week may have a material fleet and may result In augmenting the , asli of the hanks by more than $150,000,- j 30. The board has under consideration h«_' deposit of a large part of the loose ash now in the treasury and the trans < r of n> ist of tho government funds; ow deposited in national banks. If the li st week’s rediscount business shows i hat the banks can use more cash, the ourd probably will suggest the adoption f this plan. It has been reported to tjio card that there is about $110,000,000 in lie treasury available for this purpose, nd that about $64,000,000 of the $79,000,000 ow In banks on deposit for the govern ieut could be transferred. Define Time Deposits The board tonight made public a circu it' defining time deposits as including any eposlt subject to check on which the ank lias the right by written contract rtth the depositor at the time of deposit » require no less than 30 days’ notice bc jre any part of it may be withdrawn. Any greement with a depositor not to en orce the terms of such a contract shall itiate the contract. The postoffice department has notified ostmasters that no postal savings funds hall be deposited in banks not members f the federal reserve system, and in Irueting them to discontinue deposits i:i uch nonmember banks. President Wilson received many tele rams conveying congratulations on the pening of the new system. Joseph A. McCord, governor of the At mta reserve bank, telegraphed: ‘‘The Atlanta federal reserve bank pened this morning for business. The oard and officers of this, your former onie, especially desire you to know that rtey ore in sympathetic aceprd with the imposes of the new currency act, and •111 do everything within their power to lake it a success. The country is to he ongratulated on having a President wno (Continued on Pave Eliiht) PULSE OF NATION’S FOREIGN COMMERCE NOW SHOWING A STEADY IMPROVEMENT reports From Country’s Leading Ports Show Exports Steadily Increasing Over Imports—October Exports, Exclusive f of Cotton, Show Ten Million Dollar Increase Over Same Month Last Year Washington. November 16—The puls Of the nation's foreign commerce 1 ■bowing steady Improvement, accord Ing to the daily telegraphic state tnents received by Secretary McAdoi ^ fiom tha 10 leading ports of entry Import business of last Saturday, base, ou reports from ports handling 87 pe cent of all imports, amounted to $2, 231,612; exports from 'these ports handling 72 per cent of all exports ■mounted to $10,121,551 The daily av ern^e' for these ports tn November 1013, was, imports, $4,923,397; exports $6,983,426. Secretary McAdoo determined las month to keep In closest touch with th> foreign commerce of the United States noting from day to day the fluctua tlons of imports and exports. To thn end ho ordered the 10 largest custon bouses to make daily reports. The re sr.lt Is tabulated with comparative /, figures and as laid on Mr. McAdoo S desk affords instant information a to the course of foreign trade. Since the first of November the to tal of the import report is $51,627,769 exports. $77,599,600. Since October I the totale have been, Imports. $156. *27,769; exports. $215,300,874. Complete returns of October trad announced today by the department o commerce Indicate a continuation o September’* Improvement in genera • condition. October Imports, though two i million doll, rs less than In the pre en. Ing month, were five million dol lars more than those of October. last year. October exports were 39 14 tnll ' lion that in the previous month and 7'>V6 million below the corresponuing ■ month of last yeur when exports rose I to 1 he highest point on record. “Exports exclusive of cotton In Oc tober. 1814, were 10 1-3 million dollars nu-re than in the corresponding monto of last year, while cot.on exports fell $80,955,154 below Optober. 1913, thus bringing the month's grand total if ■ exports $76,577,612 below that of Oc tober a year ago." says a statement 1 from the department. The actual export balance for the menth was $57,305,074, compared with $ 11-,962,722 in September and an Im port balance of $19,400,396 In August. Two years ago the October export bat , unce was $78,645,518; last year the same month showed an export balance of $138,912,162. “The detailed figure* are: October I Imports, $137,978,778 ugalnst $132 949 3112 last year; lo months imports. $1, . 548,429,652 against $1,460,384,373 last year; October exports. $196,282,852 compared with $271,861,464 last year; 1 10 months exports, $1,602,686,8)1 against $2,005,288,622 last year. Of the . month's imports «2.96 per cent entered f:ee of duty, in comparison vpith 61.36 Tier cent last year and 57.71 'per cent In October. 1912. “Commercial gold movements were: October Imports, $6,934,766 against $5, . 291,085 last year; 10 months ended with , 602 last year; October exports, $60,34', 972 against $183,780 last year; If, ’ months, $207,998,763 against $74,6*3,053 l last year." .jJix-jti.- 2." _ . dw.-'V _BIRMINGHAM, ALABAMA. TUESDAY, NOVEMBER 17, 1914 SOME CHILD OF SOME DESERVING WORKING MOTHER WILL BE TAKEN CARE OF BY YOUR TICKET TO THE “COTTON BALL” The cotton ball to l»e9 given at fhe Tul>vHer tonight In for the benefit of the Neighborhood Ilouae and day nur sery. one of Itlrmingham’n beat known IerMpartly PARALYZED TROOP ACTION IN WAR ZONE Russians Reported March ing Through £>now In East Pryssia—Situa tion Unchanged _ I London, November 16.—(8*13 p. m.l No Important events were written to dn7 Into the history of the war an far nn great eventn are concerned. Winter Ii«h partly paralysed troop movementn both In the east and the went. The Russians on the border of East Prussia are reported marching through snow, clad In sheepskin jackets sim ilar to those the Japanese first wore in Manchuria. Blizzards have swept trenches in Belgium and northern Trance, bringing great suffering. A large area of West Flanders arouno Pixmudeihas been flooded by the heavy rains and is no man’s land foe fig h tin g. The French and German reports to day are contradictory as to events In the west yesterday. Berlin says there was only slight activity because of the snowstorm. Paris announced the Germans, attempting to cross the canal near Dlxmude. were thrust back, while the allies recaptured several «tra teglc points, repulsed two German at tacks southeast of Ypres and “entire ly destroyed’’ a German regiment south of Bixschoo^e. An observer with the British army announces that the German attempts to batter a wedge through the Brit ish lines have decreased greatly in f.'rce the past few uays and that they Lear no resemblance to attacks !•» great force launched against Ypres ai the end of October. They are more ini the nature of demonstrations of for.53 than serious assaults, he declares. The writer pays high tribute to the t r^very of raw German youths and (Contlnned on Page Six) T ibarllleR. The nursery |»rovi«le« n place where mother* who have to work can leave their children during (be day au«l the little one* miiat be fed while EMPLOYE CHARGED WITH DEFALCATION M. B. Campbell Arrested In Connection With $50,000 Shortage At First Na tional Bank Montgomery, November 10.—M. R. Campbell, head bookkeeper of the Ffrnt National bank of thin city, wan arrent e«l thin evening on a charge of being a defaulter. It In atated the amount of the ahortge will exceed 150,000. An of ficial utatement by Prenldent Baldwin tonight nays that thin In the flrnt de falcation In thin hank nince It wan or ganised 43 yearn ago. President A. M. Baldwin of the First National bank tonight issued an off’ ciul statement in which he says that the shortage of Campbell, head indi vidual bookkeeper, is $58,658.8.', all of which the bunk directcrs have made good by charging the amount off to profit and loss from the undivided profits account. « Campbell was bond ed with a surety company, he says, ami whatever amount Is recovered from that company will tend only to reduce the amount of actual loss. After charg ing off this loss. President Baldwin says the bank now has a capital, su > plus and undivided profits of $1,260. 863.90 unimpaired. rubbeiTimporters LODGE PROTEST Washington, November 16.—Rubber im porters and manufacturers whose tracto has been seriously affected by the em bargo placed on rubber exports by Great Brita n lodged a protest today with the British embassy. It is understood the state department already has given the matter attention, and that an agreement may be reached to guarantee that rubber shipped to the United States by England or British col onies will not be converted into products to be placed later at the disposal of hostile countries. they are there. The «-<iI1m t*111 prohublV he greater tlmn ever thin winter and every ticket piii'-hnNed far tonight's lull will ndd that much to the fund far this highly cammcudnhle work. Meeting of House of Com mons Devoted Entirely to War Measures. Discuss Publicity I.ondon. November Id.— (!) p. ml The meeting of the lloune of Commons today was devoted entirely to war measure*. The houne granted without a dlnnentlng vote Premier Asquith's re quest for n vote for £225,000,000 i|lt 125,000,000) nud another itillllou sol- i dlera. The condition and morals of the sol- ! dlers, the inevitable spy system and press censorship were discussed freely. The prime minister characteris ed the i crisis as “the greatest emerge icy in • which the country ever has been | placed.” He said 1,200,000 men already were under arms; that the war was j costing nearly $50,000,000 a day, and that the government proposed to lend Belgium $50,000,0400 and Servia $4,000, 000 without interest, until the end of the war. Timothy Healy, the Irish nationalist, said ihe money should be given those nations. John Hodge, the lnbor member for Lancashire, indorsed the proposal, with the suggestion: ‘Later on we can col lect it from the German Emperor.” Aliens In Camp Reginald McKenna, secretary for home affairs, informed the houne that there were 14,500 alien enemies in Brit- j ish concentration camps and 29,000 at ] large. Walter Hume Long, unionist, said the ! country wras not likely to be faced with ’ the stupendous problems of unemploy- | ment w'hich might naturally have been expected, and he'believed all the men <i*ntlBu«d on Pag* Ten) British Report of War Activities London, November 10.—(9:35 p. m.)—The official press bureau has Issued the fol lowing account, dated November 10, of the movements of the British force and the French armies in immediate touch with It: “In describing operations for the six days from November \ to 9. it can be said that during .that period the Germans now here along our front havo made an attack in great force such as was launched nguinst Ypres ut the end of Oc tober. Their policy lias appeared to be to wear us out by a continual bombard ment, ipterpperseil with local assaults at different points. “Their artillery attacks have continued without cessation for days, and wonder is aroused as to 'when this prodigal ex penditure of ammunition will cease, for it has not produced its obviously calcu lated effect of breaking the defense in preparation for an advance of their in fantry. Bo far the infantrymen have been the ,ht»f «-' ■t 1 I ceded It, being more In the nature of a demonstration in force than a serious at tempt to drive in our lino, and was beaten off with ease. “By then our men had been reinforced, had rested and had improved their trenches. Moreover, the consciousness ■.hat they had repelled one great effort of the enemy was a moral factor of no small value. “Farther to the south, on our left cen ter, the French advanced under cover of our guns and mad< some progress In spite of heavy fire from the enemy’s massed batteries. On our center all was quiet. "On the right our Indian troops captured and tilled in some trenches in which the enemy had established himself only BO yards from our lines, under cover of heavy artillery brought after dark. “On our extreme left one qf our howit zer batteries, whose Are was being most effectively dn'ected, selected as its first target a farm ftom which a machine gun I_ _ mIHiIr j.ed by snipers. This was set alight by 1 he shell and w hen the occupants bolted j hey came under the rapid fire of the In- j antry. The third target was another j tuild.ng from which the Germans were Irlvon and then were caught In the open | >y shrapnel. One of our heavy butteri es i ilso obtained several direct hits on the I enemy's guns. “Thursday, November G, was another) comparatively quiet day, there being no i ittempt at an infantry attack against iny point of our position. Southeast ot' fprea the Germans maintained a heavy | >ombardment of one section of our front, I >ut generally speaking their artillery fire | fvas not so heavy as It had been some- . vital to the south. “The French made slight progress and I recaptured ground farther to the south. I rwo villages the enemy had captured and | their line of ridge close by were heav-' ly bombarded by British and French ar tillery from the high ground to the west, rite effect of this cannonade could be leen to some extent, though the villages under fire were partially obscured from view by the smoke of bursting shells and resembled the craters of volcanoes belch ms fire and fumes. on« tiIap* the gaunt wreck of an old the blackened remains around it w ould emerge j ■94 mm rag# '*«•#. 10 PAGES NUMBER 195 CRACOW IS BURNING; INHABITANTS FLEE, SAYS VENICE REPORT Capital of Galicia Reported In Flames. Turks Lose 250 Men and Two Guns—War Situation Unchanged London, November 17.—(12:55 a. m.)—The Prince of Wales crossed from Folkestone to Boulogne last night on his way to the front. Rome, November 16.—(8:45 p. m.)—The Giornaled Italia publishes a dis patch from Venice saying news has been received there that Cracow, capital of Galicia, is burning and that Its inhabitants are fleeing. London, November 16.—(11:25 p. m.)—An Exchange Telegraph dispatch from Athens says: "The Turks lost 250 men and two guns destroyed in the bombardment of the forts of the Dardanelles. “The former German cruisers Goeben and Breslau, which now fly the Turkish flag, have re-entered the Bosphorus.” Paris, November 16.—(10:39 p. m.)—The official communication issued by the French war office tonight simply says: "The situation is without modification." Rome, November 16.—(10 p. m.) A Petrograd dispatch to the Giornale D’ltalia says the Russian advance to ward Cracow is overcoming all ob stacles. Cracow is entirely besieged on the northeast. A sortie from Przemysl has been repulsed by Rus sian artillery and cavalry, which in flicted severe losses on the Aus trians. Washington, November is.—Foreign of ttce dispatches to the French embassy here today denied reports of German suc cess In I he Argon no mid stated that the recent struggle In the Ysm- region had ••••••••••••••••••••••••••••••*••••••••••••••••••••••« resulted in (greater losses to tho Ger mane than to the allies. The message said: "Reports In tho German press recount ing Get man successor in the Argon tie an inexact. Our lines about Verdun have progressed five kilometers from tho posi tion occupied a month ago." Washington. November 1G. — A wireless from the Austro-Hungarian foreign office received at the embassy here today an nounced that the siege of Cat taro ceased when tlic Austrian guns silenced tho French battery on Mount Loveen, and that tin* Montenegrin army had been toned back within its own borders. This dispatch explained tho retreat of the Austro-German armies in Kussiun Po land as a strategic withdrawal without battle before superior numbers. ... GERMANY UNDER “SIGN OF RUSSIAN DANGER” Russians Have Forced Kaiser’s Troops One Hundred Miles in a Few Weeks—Inhabitants Flee From Frontier—Disquietude Felt by the German People Over Allies’ Successes Berlin, November 1G.—(Via Rorulon. 1 i .J- -Gei uiaMy (*%&!>' i^ n»i * 1 1 der tho “sign of tho Russian danger. t to quote tho astrological metaphor fre quently used by the Germans. » Tho combined German and -Austrian C armies which, bv a well timed unn * v. ell executed change of front ana t with timely reinforcements, swept y through Poland to the lint? of tho Vis- !• tula, threatening Warsaw and Ivan- * rod and in turn wore outflanked bv 1 tin* masses, of Russia’s command, now j have fallen back to their own fron tiers. j Timid inhabitants of the border re- « Stone aro leaving their homes for the 1 interior and a certain amount of die- s quietude is even being manifested in < civilian circles In Berlin There are many indications, however. r that the retirement before Warsaw Is \ nn that of a beaten army but of one j which, having failed Ir Its object ol‘ a surprise campaign, promptly f| changed Its strategic plan and re- * treated. Predictions are hazardous, but t.'e great news of the next fortnight may t come from tho armies facing on Po- t ••••••••••••a•••••■••••••••••*•w*•••«•••*••••••••••••• INNES AND WIFE TO I FIGHT EXTRADITION Allege Pending Charges In Atlanta ( Are Without Foundation and Want Legality Sun Antonio. Tox., November 16 Victor F. Innes of Eugene, Ore., and hie ! w<fe. relieved In the district court to- i , da> of charges of murder and eonspir- 1 ( ncy to murder In connection with the t'lfappearance several months ago o; ' Airs. Elols Nelms Dennis and her sister, ! Miss Beatrice Nelms of Atlanta, On . i will resist extradition to Atlanta, where they aro wanted on a charge of t larceny after trust. ( An application for a writ of habeas ( errpus, filed hi their behalf lute today, ! alleges that the charges pending 111 At- , ^ lsnta are without foundation and con- ^ tests the legality of the extradition i warrant, asserting that It was not up- j * proved In person by Governor Colquitt . of Texas. Thu application was made r >- n tamable before Judge Anderson In dis trict court Wednesday V innes und Ills wife were formally „ released from custody today when a . jury returned nn Instructed verdict of 1 not guilty, the district attorney stating I that tho prosecution had been unable I to establish actual proof of the death j of the Atlanta women. They were in ) mediately rearrested, however, on the Charges pending 111 Oeorglu. Prohibit Code Messages New York. November' 16.—Wireless sta- ■ tlons hi Spain have been prohibited by j i the government from transmitting mes- * sages In code or secret language, accord- [ lug to announcement here today by the ( Western Union Telegraph company. «••••••»•••••••••••••••••••••••••••••••••••••••••••• TODAY’S AGE-HERALl) 1— Financial situation improved. Reserve banks open. Winter handicaps troop activities. Cracow reported burning. 2— Suffrage convention comes to close. 3— Confidence feature of new bank sys tem. 1 4— Editorial comment. 0—Iiynn Issues statement on water sit uation. Alurder and suicide in northern part a of county. Schwab said to be purchasing ugout u of allies. ' New booklet to boost Birmingham. 1 6— Chicago Cubs may practice at Rick- \ wood. 1 7— Society. t 9-Markets. t 09—Masonic reunion comes today. 2 :ilid's? wintry fields. The • omrnop re-' >11 i« *ii9i rjcuorjiJ von .HImloiu>»irg N i.dy to accept nv to rIv« quLtlc or. he new tfiouiul he has chosen The retirement from Warsaw j*u embleti in many reupc.ctn Mint from he environs uf Paris in September, til** « rmans in both on sea ussuming th«* reat: risk of running out of uni mu Ition ami eupply trains and ax post m? u ir flank and roar, hoping? to 8inanh m up posed demoralized army, They hud oi ed in the Warsaw fiimpulffn, like tone wall Jackson at Ohancello raville > catch the enemy's ri^ht wing nap '*••«, roll up that portion of It west of >e Vlatula, press across the river and urture Warsaw. The ItilHslans were on the alert, » wever, and quickly retired to the nle side of the Vistula The only lm* ortant fluhtina was at Opntow. on « extreme southern flank. The Rua h.ns massed their troops In a gen *ally north and south line behind the istula. They rushed their troops by* • il way but were bar«»ly in tlm for the I etmans w<*i.> a*** h iII\ entering one uhurh of Warsaw when Siberian poops detrained In the town. J The Germanh had outrun their heavy rtillery, delayed by ottomle*-** roads. 2 ’*»« nty of Russian reinforcements came. In* flpfhtlnH: was desperate and a re ran t was finally ordered. J The Germans say they are proud of his retreat as the KiikUhIi are of luirs at Mons. >EACE IN MEXICO IS AT LAST IN SIGHT 'arrnnza Telegraphs Inlention of Re signing—Hostilities Have Ceased lor Time Washington. November 16.—Peace In Icxlco after weeks of dissension union* ho generals of the victorious const! utionullst army at last seemed In 1 ItTbt today, according to message* \ i >oin United States government agent* 1 the southern republic. S-'oon after American Consul Sllllm.tn legraphed from Mexico City early fn ^e day that hoatllltles between the 'I'ces of the Aguas Oulientes eonven- ‘ on mid those loyal lo Carrnnsa had •used, came a message from Leon Ca ovn, special agent of the American overnment at Aguas CHliente*. stating lut General Carranza hud telegraphist Is intention of resigning. Bteretury Bryan made public Cano n's message, which was dated 7 p. i yesterday, hut did not comment on . Although the dispateh was delayed i reaching here from no other source i Mexico had come word of a similar •ituro. Previous messages, however, aj described the efforts of the varl bs generals to reach a compromise and ffictals tonight thought it not un kely that in the interests of do lestie peace both Generals Carranza lid Villa would leave Mexico while tho utionnl government was being reor ,tnize1. ■ COLLECT MONEY- I FOR WAR SUFFERERS I Princeton, N. J., November 16.—Near* *■ $4000 was collected between halve* f the Yale-Prlnceton football same i«t .Saturday Tor tho benefit of suf ^rere In the European war zone. Cou Ihutions almost filled a flour bar* *1. Tho money will be Bent to Red Croe* eadquarters at Waahlnston. Woodward Lecturers Named New Haven. Conn., November 16.—A< meeting of the Yale corporation to ay the foreign Woodward lecturer* ire appointed for the yoar: Morton . < 'ullcrton of tho London Times, Pro/. V. H. liragg of the University of eetts Prot. Stephen Bauer, dlreotor of % no international labor office at Basal, witzrrland, and iAur.i.ce Blnyoa of be British museum. J