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THE BHOWXSVIIiliE DAILY HERALD THE BBOWMSYILLE HERALD By Brownsville Herald Publishing Co. j 31- J. Slattery Mrs. Jesse O. Wheeler - Manager ; - - Editor Official Coumy and citv Journal. ! -,.a- .-- .o. , .. vuuouiraaicu m ioju vvim me uany Cosmopolitan, which was published in Brownsville for sixteen years. Entered at the Postoflice, Brownsville, Texas, as second-class matter. TERMS OP SUBSCRIPTION. Dally Published every evening except Sunday, by mail postpaid to any point in the United States. 3Iexieo or Cuba, or delivered by carrier to any part of Brownsville, Texas, or Matamoros, Mexico. One copy one year. . .$6.00 One copy six months. 3.00 Weekly Published Saturday, mail postpaid to any point in United States or Mexico. One copy six months! . '.75 nolds, who is president of the Con One copy three months. . .50 tinental Bank of Chicago, in the Subscriptions invariably due and presence of almost 5,00u delegates, payable in advance. j Reports of various committees and Advertising rates on application. of officers of the association, togeth- ! er with the address of welcome and - :t 'n -lea sS 'AVasani , ' President Reynolds' Address. UNHAPPY CONTRA VERSY j The annual address of President It is to be regretted that this un- Reynolds was most hopeful in tone, happv controversy over the discov- i He congratulated the banking inter , ests upon the prosperity of the coun- ery of the Aorth Pole has arisen. fry am, activJty and confidence which It is natural that Captain Peary j characterize financial dealings at should feel chagrined at being de- ' present. These conditions he at pnveu of ihe honor for which he i tributed to Uie settlement of the tar t . ,. .. , iff question, which he said removed has stnven so valiantly and endured ;tie cMef hamical, to a revival of such hardships all these years by j ous;ness, adding: finding that another -laims to hrve ; "With the latent energies of our found the pole nearlv a year before ! people now fully awakened to activ , , ' ity, we will, if our efforts are directed he reached it And. as he found no . b ilUelligence and accomanied by evidence of Dr. Cook s v isit :tt the frugnlity on the part of our neopple, pole, he perhaps rightfully believes : soon come into a full fruition of our that the latter has not been there. ! hopes, through a speedy return to . . normal conditions in business " f , ur- iook may nave oone an mat ne , riaims, and tlie evidence which he ! left at the spot have been coixeah-d . tj .... m, .,...,! , ! the ice floe it is hardls right lor , Cam Pearv to denounce his rival as a liar. Cook is a man of high standing and not only is thert no good reason for doubling his ver amy. but it would be exceedingly humiliaiing for Americans to have to admit that he had lied brazenly j , , : and won the great honors '.testowed upon him by tore'gn courts bj a gross imposition For the sake of trulli and American self respect, it is to bo hoped that events mpy sus tain Ir. Cook's claim While the n-anv admirers of the dauntless Poaiv mav rn;in ( ediiiciv to -ee tm-ir he;o 1o-j the honor t heins lii. tm to it.i' i th. Mfib- y.-r !i I1 tv : lir-r- )(. ii in the r:i.e. I.ot'i ill-, siini iie oulo ie v. tiling to arknovi ledge it. As Cook says, the pol ".s big enough for two. and thciii.li his name may go down to pout' i i . v as ;. actual discoveier of tlvn point, Peary's name will also ai-. i .lent .i.-. being the second , rn.Mii fi neiietr-ite the fastness of the i inwvu iinrili i't its vcrv center and . t plaie the Ame'-M-an Hag ther" Tlie entire population of Texas was MBn'oil for the census of 1900 by! I .Si' I enumerators The census bu-; rra.. estimate-, that for 191U at least j .... , . . . ... 3.00U w.ll be employed, which would j indii a'e that an in-rease of popula- , tiou oi considerably more than f0 p-r cent is act redited to this state in lite decade which ends next year. Tinas is getting to be great in more vraK than mere area. Corpus Christ i is justly proud of t!i distinction she will enjov as hasten to the nation's chief execu ti Ttif- beauliful Naples of the Cult has undertaken a big entertain ment -tunt, but she will doubtless be iai' to the octasioa. j TOMOUROW. i VVOIfl.TS END Dl'l : T.i-nder f liolv (;host and I's Society j So Predicts. 1 Sp ai to The Herald. j ?5ortIand, Me., Sept. 14 The North Pole was discovered just in i rhe ri.-k of time After 10:J a. m. failed to et-d ur national disaster, tomorrow there won't be any North j totrm Our Main Keliance. Pole Incidentally, there won't be Mr. Hill said the farm is o.ir main MV tt0rld This statement is maue 1 reliance and that every other ac-v-o-- ,Mfir of 1 tivity depends on that. He asserted on the authority of the leader ot howor that the majority of peo Mi;ne's most famous sect, The Holy ( faJ1 lo rPaiize practically the de wi ni-it lTs Societv. who predicts I .-tinins status of agriculture in the l,at the world and all that Is in it country. "They are misled by the ne wui stqtistic- of farm values and pro- ill come to a fine and glorious "-nd- annually oy great BP tomorrow morning. The proph- . eaps ,nto thinking that this abso h -. was made at Cape Town, Afri- iute increase implies a relative ad- where the founder of the peculiar ! vance ofthis mdnstry - red sirt stopped over while on his re- j J JS' the caM- , refer not tiiiiir completed holy junket He is j nierely to the quality and results ot the Rev Frank Sandford, alias : liur tillage, but to the setting of the -Fliiali the Uncrowned Kine." as ' hu-mn tide away from the culti-at-Ktijan, me .i t l fipld toward the factory gate he prefers to be known. , Qr cUy glum Ths js something Today th .oly Ghost and Us so- wnose COnseo.uen es for evil are as tT follov.e'.- are making prepaia- , ,ertain as if the --ggregate dpo.-its " f ,mn th - nure white robes, I in all the banks of this country lM.lB, to don th pure n . ,lt,..ri..A by a fixed per cent- eo np to the 'musetopi- of their ol- , n t , u Shili ! .'-nd await tne areau moment lA'uen t tomes they expect to see . .. .,-.,.,i , . L-nv5h TC.e eHTLll Urtsucu t while all otturs psss J CI " j,.. - ;o i "It ircnns tne same uiiug, m nuiu -ct-., --.i.t'iereens and they them- jnu (.ons&qiienoes, when the agricul--i iro.-plantcd into the rc-ilnt turax populat'On. the producers and pRST DAY OF ANKERS' MEETING ADDRESS 1JV .IAS. J. HILL THI IMtlXCIl'Al. KKATl'llK. National Wealth Depends Upon Farm President Reynolds Recom mends Currency Rcefoim and Cen tral Bank. Government Control By Associated Press. Chicago, Sept. 14. Rankers frcr; every state of the Union, together with representatives of leading fi nancial institutions in Cuba and Ha- i waii, joined in the opening session i of the thirty-fifth annual convention bv j of the American Bankers' Associa tI,e i tion. The convention was called to ' order by President George M. Rey- responses filled the morning session. President Reynolds recommended refornis jn the currency system.saying we could not hope greatly to increase the sale of our products in other countries or secure our share of the world's trade, "so long as we do not have a system of currency which will command international respect and confidence." The work of the Nation- j al monetary commission was com mended by him. A "central bank, with power of note issue, under gov ernmental control" was suggested as a means of establishing a system of currency to meet the requirements of the entire business world. ' The principal address was by James .1. Hill, president of the Great Northern Railway company on "National Wealth and the Karri." This was delivered early during i'io afternoon session, follow iiig the ad dress by the comptroller of currency, i. O. ..! array, on "Problems of the Comptroller s Of tie." The piogram for today also comprised an infor mal address by Speaker Joseph G. Cannon of the house of representa tives. A prominent feature of the first day's session was the discussion i of practical banking questions hi different delegates, j James .1. Hill's Addres-. "The idea that we teed the vor id j being corrected; unless we increase ! r!ie agn.ultural non.il;:' io-i tnd f.ei: , ii'u 'ii n. i-Miti.- -ii t I food -i.i) ,!. lioio 'r. lp- crs0()o ,u. (1es-.iou of c market tor our nroducts abroad." This was warning given by .l-..as .1. liiU at the convention of the American Bankers' Association toda.v dur'ti-. a discussion of the decline of ag i- culture and its consequences. mil's subjei t was "National Wealf' and the Farm." "'e ha." ss.id tht- speaker, "ai mof-t reached, a point where, owinf w in,.roasc.d opuiation without in- c reased production per acre, out nonie food supply will be insumci ent tor our needs; within ten years, iu---?ilil lts-s, we are likely to be - owe a v. neat -importing naimii, tue lercentage of the population engag in agii' ulture and the wheat I'toduct rr acro :lre ,M)tn falling; . t tie sane time the cost of livine . , i.i:-.ed e'.eryvvnere by this relative i :-cni' ii v of bread, bv a.tifi:-ial in-,-.-"-e in the price of a'l manufac tured articles, and by a nabit of ex i a-::gance which has enlargeed the ' vie-v of both rich and poor of v. hat ire to lie (onsidered the necessaries ' of lit" These plain facts should disturb and arouse not only the e-o- -lomif student but the m'n who are most intimately related to tne wealth oi the nation ?nd most con- ce--nec lhat it shall not siKtcr loss or decreases. fir Hill d-"lared that never vet has enhanced cost of living, when due to agricultural decline and ina bility to supply national needs. loang eri, iuf.reasing by another penentae just as staoie ion I would know what catastrophe that nssured by and by. - . ; , depositors in me gieuu uauuuu treasurv of wealth, is declining year by year, while the city population, which thrives only by drawing drafts I upon the land and cannot live a year j after these cea-e to be honored, rises at its expense. Yet not only . is such a crisis approaching, but it is being hastened by legislative stimulation iu favor of other indus tries while overlooking this. People Kindt to Citie.-.. "In 17'JO only about 3.4 per cent of the American people lived in towns. At the time of the Civil War the percentage had risen to .j in 1900 more than 3; per cent of our population was urban The change is portentious; and there is no doubt that the coming censiio will show it to have proceeded in the last ten years with accelerated speed. In spite ot the warnings of economists, the amelioration of farm life, the opening of new and attrac tive employment on the land through the spread of irrigation and the growth of the fruit industry, the encouragement of public men and the wider dissemination of agricul tural education, the percentage of our population who work on the farm constantly declines. If that proceeds too far. it is as if dry-rot had eaten through the timbers sup porting some great structure. We should consider now the change ac coir. Ii-'-ed and that impending. "With our annual increase of ov er 1.5 per lent Ui population from natural causes, and immigration that has not ucc-n less than three quarters of a million any year since 1902, there will be lrom two to two and a half million more mouths to feed every vear. Having in view this increase in population, the de clining average yield per acre of cultivated land in the United States aftet it has been farmed for a few years, Uie rise of per capita con sumption with a higher cost of liv ing and the movement of the work ing population away from tha land, the time is now approaching when we shall not only (ease to he a wheat selling nation, hut will find it necessary to import a portion of what we consume. "Our loreign trade in the past has rested mainly on our exports of pro ducts drawn from the earth directly, or only once removed. Our manu fa tures for export ure to a large ex tent natural products subjected to a few simple processes. How are we to meet the immense trade balance against us, how prevent financial storms of frequent occurrence and destructive force; how feed the com ing millions, if the farmer, who pays most of the bills, has retired to the city or the country town in order that his children may the better enjoy their automobiles and enter into the delights of tlie -.-ocial game? "A stationary or declining pro duct, a soil becoming annually less tirodmtiv e, a revolt against the life of the farm and a consequent rise in wares amounting, since 1895, to .",.". 6 ;.- cent with board, compel such rise of all prices as bears, ru inously upon town and country alike. Our real concern, is not so much to save the home market from the inroads of the foreigner as to keep it from destruction by an en larged city life, a crowded artisan population clamoring for food and a foreign demand for the product of their wages limited to fields where ,ae competition ot all the world u.ust - e met and overcome. "TI-" consumers of bread through out tiio world in rease by probably Iron: lour to live millions every vear. In oi-r own country we shan require from 1 3. f 00,000 to 1 ."i.nOO. UO'J bushels more annually for seed and home consumption. The domes tic supply cannot be maintained by present methods. Not only is the cultivation of the .-.oil being neglect ed, but it is also notoriously inef fective. Our vheat product per acre from the older lands falls steauuy. Our national average is less than half that of England or Germany, both of which have soil inferior to our own. Only by bringing rich new land under cultivation have- we pre-.ent-d the fall from becoming ao upt. Good farms in the Mohawk v alley in New York state forty years ago were worth $100 to $150 per acre; now many are sold at from $' to $30. This is not because wheat has become cheap, for It is dear; not entirely because of Western competition, but because there is neither good cultivation nor enough cultivation. The younger generation throngs the cities; and the land, rented by its owners to tenants careless of evrything but im mediate profit, is abused and robbed of its fertility. In New York State 0,000 farms are for sale. The southern central portion shows a progressive loss of population. If anybody imagines that this process of exhaustion and auanaonmeni or transfer to other uses is peculiar to the East, let him look at Iowa, whose average wheat crop in the five vears 1883-S7 was 29,G2S,-tJ0 bush els, and in the five years 1904-08 was 9,976, 4SS bushels. In 1908 it was 8,068,000. "All this has come about notwith standing economic changes favorable to the occupant of the farm. The perfection of our transportation sys tem has made a market accessible to everv fanner, and carries bis pro duce at the lowest rates in the world. His life has become more comfortable and desirable. But the - PHONE 109 end or phons for what you need: il will be promptly delivered. We have everything a Drug Store carries. What we want now is to carry them to the people. ELIZABETH STREET M. C. Shoemaker, Proprietor EUREKA PLUMBiMG & Sanitary Gas Fitting, Architectural Sheet P. O. Box 123 BROWNSVIJ -uE, TEXAS STATEMENT Of condition at close of business, September 1st, 1909, condensed from report to Superintendent of Banking RESOURCES Loans $144,126.48 Overdrafts .26 Furniture and Fixtures. . 5,184.77 Ccsh 68,897.31 $215,208.22 LIABILITIES Capital Stock $ 60,000.00 Undivided Profits 3,36138 Deposits 154,847.44 $218,208.82 20 Gain m Deposits 111 KI VUJO ROWNSVILLE ANK & TRUST COMPANY Sl. 00 starts an account increased cost of living bears most hardly upon him, While it entices his children to the centers where thev think that the larger income now found necessary may be won more easily. And while the enhanced price of grain may induce him to enlarge his wheat acreage, it does not lead him to more careful tillage. "You deal with wealth in its most condensed and aniversal form. That wealth is the slow accretion of many centuries. It changes its form and occupation with wonder ful facility; but, so slight at all times is the margin between tne world's production and its consump tion, that' its savings have been ac quired almost as slowly and painfu. ly as the miser's hoard. Practically only a few montns lie between a universal cessation of produrtion and the destruction of the human race by starvation. The marvelous diversity of modern industry and its products blinds us to the bare sim plicity of the situation. Those who, like you, are main factors in sup plying to industry the means to car ry it on, who open up th main -tnd lateral channels through which tne fertilizing stream of capital may be turned upon the otherwise barren field of labor, should be always mindful of the first great source and storehouse of national wealti , and the most sensitive whenever it is depleted or endangered."' The Joker One On Hubby. '.Vhen hubby telephon-.-i to "I won't be home tonight Till after twelve I've loth to do." .'u-t say. "Dear b"v, all righ' I'm going out myself tonight And won't be in till late." Will he come home on-time? You her He'M also come home straight. New Orleans Picayune. Automobiles Make Catti Ilusiiieos Profitable. "No use of talking, ' drawled the freckled youth on the roadside fence, 'thar' certainlj is money in cattle " ln the stock raising busine-F, young man?" asked the tourist. "Xo, not exactly, but an automo bile ran over that spotted calf a few minutes ago and the man with the big spetacles got out and hand ed me a 55 note." "Uut the calf certainly mupt have been worth more thaw $5." 'Ypp, mister, but the calf wasn't mine. Xow, if 1 can only stand in front of another calf, while he gets run over I'll be right in it, be gosh." A Mystery Mr. Newlyvved The moths have eaten every single thing in the c'os et, Ida. Mrs. Xewlywed I don't see how they could get in. I've kept the door locked al summer long. Brooklyn Life. The IIolxi. Mrs. Goodheart Ail the way from Chicago r Didn't you find it very hot traveling Dusty Trax Not at all, madam I always take a refrigerator car in the summer. Uie. e Drug xorz SHEET METAL WORKS Plumbing Metal Work, Tanks, Cisterns, Etc. Phone?221 fr 1T:tTrrwW"-'t Take a dde through Browns You'll COTT - -g3rau.fl.r,..n-CT) I J. B. S I BROWNSVILLE. TEXAS Capital and Surplus, $150,000.00 FREE TO THE BACHELORS, HOMELESS ONES AND OTHERS Beginning August 15th we shall repair all men's underwear, darn all men's socks and sew on all men's buttons, without extra charge. And the goods will be laundered in the very best manner, too. . . . It's good laundry service. Try it. Telephone No. 2 WARREN & CROSS Maps, Plans and Estimates Irrigation Engineering one of our Specialties Rooms -1 and 6, Puente Building, Brownsville, Texas Running water In all rooms Clean, cool and modern in alt respects -;- - Good Eating Our Specialty I THE WIKDSOE HOTEL G. O. TURNER, Prop. f SPECIAL RATES BY 3- Rates:. S2 and S2.50 per. day 3 Screen Doors, Galvanized Wire I Cloth, Bronze Wire Cloth 16 MESH PAINT BRUSH! Frontier Lumber Co, American P.. eta3 ine Groceries Elizabeth St, between 12th and 13th Sts. We keep the best iii town Everything done brown, At the Texas Confectionery We have everything- to date, Onr lines are all complete, At the Texas Confectionery We have legal blanks to sell, And magazines as well, i At the Texas Confectionery SEE cJTWE KNOW cJME ( H. MAGILL, Proprietor uJ-afi-CTT?-r-p-lw--- ..-miiiiB-n- St. J 9seplis College The FallTerm Opens inratrrtfrifK!ATKTr3F: I.I1U SOUS E Q B Vli! like it - General Manager. l The Model Laundry M 1 JJH- W."! rT l 'JJHI71 W hi ,,1 Civil and Hydraulic Engineering Architects WEEK OR MONTH American plan and American cooking FINE VARNISHES Grocery Co. Dealers in CALL US UP PHONE 210 TRY cTWE Tuesday, September 7, 1939