The Lancaster news. (Lancaster, S.C.) 1905-current, May 02, 1913, Page 7, Image 7

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f I RADICAL CHANGE IN MEDIC U.S. FISCAL SYSTEM F/ McAdoo Demands Two I*er Cent Lecturers Interest on Government Deposits KIpcKmI *?$10,000,000 Increase. Congrat Washington, April 30.?The The f0 fiscal system of the United States, The Char governing deposits of federal funds 0f April 3 in national banks, was revolutloniz- Member ed today by Secretary McAdoo of state Med ha raoour? 4 ? i vi>v %?? vmou* j ncjHn iiiu'iii wiin (in o 1 iiin, w0rt announcement that all government noon i>v t depositaries, whether active or in- meetlng w active, would be required to pay in- 0fflce at c terest at the rate of 2 per cent per chairman ^ annum beginning June 1 upon de- wiison ^posits of the government. previously The secretary ordered an imine- vPHtPrHnv') diate increase of $10,000,000 in j;tjiv wua government deposits in the na- n?/r tional banks, making the total . ' / ' $52,649,964. from which the red- Hons for ^ eral treasury will earn under the w new interest order $1,053,000 annually. There are indications that t, M ,, Secretary McAdoo intends to release , . still more surplus money from the treasury vaults and place it in gen- ,? eral circulation through increased . . \ , X deposits with the national banks. eI* In a statement tonight ho said: " p. ; ' With the banks paying interest on government denoslts th? tary may be justified in keeping . Followli larger balances in the national tacu'ty. a' banks thereby increasing the vol- ton,an?: ume of money in circulation and to Anatom that extent reducing the amount not AHed; locked up in the treasury." anatomy, CHARACTER OF SECURITIES. Bacterid Secretary McAdoo also recora- teriology j mended a radical change in the Moodcharacter of securities which the Chemist treasury department would accept try- Dr- F for government deposits. Instead Dermalc of requiring that the national banks Professor secure treasury deposits exclusively "s- *)r- J* with us or provisional government Materia bonds they will be allowed in future ?Professc to secure 7 0 per cent with govern- theapeutic ment bonds and the remaining 30 Tafi per cent with high class state, city Medicin and county bonds, acceptable to the *)r- ,{ob<>r secretary of the treasury, to be Profess< taken as security at 7 5 per cent of practice c their market value, but not to ex- Dawson, ceed par. Profess* This is the first time in history Joseph Mi that the treasury department has Clinical called upon the banks to pay interest ,)r- Edwa on what are known as active de- professor posits or accepted, except in periods loky. Ur. of financial stress, security other Clinical than government bonds. Active de- Dr. W. P. posltaries are those which conduct Obseter a checking account for the govern- tries, Dr. ment, cashing checks of the dis- professor bursing officers and replenishing Wilson, their authorized government de- Ophtha posits from customs and internal l"Ky and revenue receipts deposited with ophthalmc them. There are 900 inactive de- F. Parkei posltaries, each holding $1,000 of and laryn government funds. Upon these de- Dr. W. P. posits which are not disturbed by Pharms checking accounts the government macy an has drawn 2 per cent interest for the Zeigler, T past five years. These are the only Physiol government accounts which ever feasor of have earned interest. P. M. Rej For years there has been agita< Patholc tion in and out of Congress to as- ogy, to hi sess the national banks' interest on Surgerj their government deposits. This in- surgery, 1 &Cm variably has been requested by pre- of genera # ' i vious administrations on the theory Profess that hanks with accounts perform- and surgi ed much clerical work for the gov- Almur. ernment. The house committee on Profess expenditures in the treasury de- gery. Dr. partment at the last session investi- Clinical gated the question and recommend- surgery, I ed that the secretary of the treas- Assista ury be required to charge interest Dr. A. J. for the use of the government's Lecturi money. assistants EXPECT NO RESISTANCE. ulty. Secretary McAdoo said he did not anticipate any serious resistance on the part of the banks to the new In an < policy. If any bank was disposed to pie appea surrender its account by reason of named A the order, he said there were many Judge ha others willing to take it up. riage ere The 2 per cent interest charge to do t] \l- ill )wk hr> si th ? - ... ..... ua ncu upun iu? average Statutes 1 monthly balances of the govern provided, Stent's account in each depository, There wa ayable January 1 and July 1 of audience each year. The $10,000,000 today commence ordered transferred from the treas- "Fellow r'^ ury vaults to the national hanks will and this be distributed over the country. ed before The free balance in the general the legal fund, including money in the Philip- galoot in pine treasury and in the national that niigfc bank depositaries, amounting at the to a high beginning of business today to bazoo, or $141,025,26.1. Of this $72,791,405, self now which will not be decreased by $10,- favor of 000,000, constituted money lying ized by 1 idle in the vaults of the treasury or Nobody sj sub-treasuries. Treasury experts ried uns estimate that the minimum upon rules that which the government can transact vent the l its daily business is $15,000,000 and "Now," that a substantial portion of the "grip you working balance could with ease be joined ha: deposited. you sole freeze to ] Watch Vour Trunks Now. for her a Chicago, April 30.?Forty-five white, ac< inches is the longest trunk that may regulation be carried as free baggage on the cases in railroads In the United States after States, so today. Also tin* new rules frown on "Yes, si the trunk with bulging side, or hot- "That fl torn, designed so it must stand in gain. M a certain position, so the gowns and solemnly t hats inside will travel right side up. lo Amos I It may be some time, however, be- you'll nun fore the "freak" trunks can be re- square wl fused. Notice is required in order you'll alws to reject theni lawfully. Five honest, up pounds for each inch over 4 5 inches penalities is the rate of excess charge that will the punisl V be levied under the new baggage ')0 you ! rules. God?" "I sweat If you have no family tree, branch "Then, I out for yourself. 'is Probate _______ county, S Wonderful Skin Salve. Aplington, Ilucklen's Arnica Salve is known Peabody, 1 everywhere as the best remedy made Thomas, w for all diseases of the skin, and also remain su< for burns, bruses and boils. Ite- and you'l duces inflammation and is soothing the fees a and healing. J. T. Hossnman, pub- paid in f Usher of News, of Cornelius, N. C., mercy on writes that one box helped his ser- Ledger, ious skin ailment after other reme- ? ,/ dies failed. Only 2 5c. Recom- When a mended by Lancaster Pharmacy and disposition Standard Drug Co. wife won't THE LAN( - i AL COLLEGE IHou) Golden iCULTY CHOSEN B,an In the April Amet Mayor Whitlock of and Assistants to be gives a graphic perso by Faculty?Charleston ?Hm Jon,e8' known a Jones, who was niayoi ulaU'd. many years and one < blowing was taken from nious men in the cou leston News and Courier inK is extract: 0: "It was when he v s of the faculty of the criticism that he cami ical College of South Car- ask me to speak a* 3 elected yesterday after- Park. This was a bit he board of trustees. The next to his factory; li as held in the governor's ed it to the people's olumbia, Mr. Blease being under the large wi of the board. Dr. Robert Sunday afternoons, he Jr., of Charleston, had to hundreds. There u?3cn cuuseu aean. At piano which two me i session. Dr. Lane Mill- and with that on tli elected vice dean and Mr. play the accompanin Schleeter registrar. Char- pie used to sing son i complimented in resolu- had written?some ol the success of the recent beauty, and breathinj campaign for a fund to poetry, If they wer d to a new building for Quite in its form, al College, the structure these meetings were I icted opposite the Roper Rule hall, a large ro< ri a site given by the city v^ry well as an audi don. Great interest was factory hard by. Or Charleston in the choice of Golden Rule hall wa r and many inquiries were tin 8'8n he had hung o the personnel. tory as the only rule IS OF THE FACULTY. there. 'Therefore whi lg were elected on the Ve would that men 11 of them being Charles- to y?u. do ye even sc the course of time e y?Professor of anatomy every radical, in th< assistant professor of 8poken in that hall Dr. W. Cyril O'Driscoll. willow-tree, and the dogy?Professor of bac- ('evel?P<?d an atmosp and hygiene, Dr. G. McF. 'mtnensely impressive the pictures of many ry?Professor of chemis- wa'i8? an(i sothe goo? L. Parker Jr. sides; and in connei >gy and Syphilis?Clinical settlement which Joi of dernatology and syphi- "cross the street the A Bajj tion came to be, as a Medica and Therapeutics ??e. dtal',lln hts >r of materia medica, of.!"}? lgen*e ,n To1 s and roentgenology, Dr. , e? ' J,en' .V*** t ' when first he called, e?Professor of medicine, m\.' ,T . ? t Wilson, Jr. soeak ' ^ ir of the prlntcples and wha, ,?bJec, " medicine. Dr. John I Ther..? .,",lyJo,! ,r of clinical medicine. Dr. S.U^'l't'h ' a renUy"'? * professor of medicine say' that ird Rut ledge. Assistant something, but of medicine and neuro- ,et me flnlsh m 8eu E. L. Jagar. "'Prepare" he e> professor of pediatrics, prepare? Jvi8t speak Cornell. heart.' ics Professor of obsete- ..jje was aiways jj] Lane Mullally. Assistant a gooti while after, of obstetrics, Dr. G. h raser campaigns, he calle , , . telephone one evenir Imology, Otology, Rhino- ner time, and said: Larynology?Professor of ?i want you to >logy, and otology, Dr. E. and speak tonight.' \ Professors of rhinology -j Was tired, and, gology, Dr. C. W. Kolloek, , Porcher. icy?Professor of phar- nillftlltIC llin IDfi d pharmacology, W. II. |JUINIRC ANII IKU ogy and Embryology?Pro- CCpCf^TII AI physiology and embryolgy, LI I LUIUHL ULI1 a. ?gy?Professor of pathol- Grove's Tasteless chill To B filled. in Tasteless form. Th '?Professor of abdominal out Malaria and the 1 Dr. A. J. Ruist. Professor the System. For 1 surgery. Dr. C. M. Reese. Childrei or of principles of surgery leal pathology, Dr. C. P. You know what you vou take GROVE'S T. or of genitourinary sur- tONIC, recognized for T. P. Whaley. out the South as the s I professor of abdominal chill and Fever Rem< Jr. A. E. Baker. Strengthening Tonic. r?f nrnf^acnr r*f aueivAMf ... , ou.Rcij, tne strongest hitter ton Jervey. taste the bitter becaus >rs, instructors and other do not dissolve in the t will be leected by the fac- solve readily in the acic _ Guaranteed by your Dn it. 50c. Solemn Compact. There is Only One"^ iarly day in Kansas a con- U)ok f sl Jature of E red before a probate judge plington to be wed. The d never performed a marrueony but he determined ?-> ? .t tie job according to the Keaa tnw n such cases made and Royal as he understood them. s a large end appreciative tjuaraniee present, and the Judge fljjj* >d proceedings: ! Citizens?This here man here woman have appearthis court to be hitched in bunds of wedlock II any the mob knows of anything it block the game or took er court, let him toot his else keep his jaw to himand forevermore. All in vcvv niy proceeding as author- ^[oaCi aw say 'I,' contrary 'No.' iys 'No.' The motion carmimously and the court lKHKl there is nothing to pre- III ill trying of the case. |l|JjJy continued the Judge, II^RP^ r fins." The candidates nds. "Amos Peabody, do mnly swear that you'll Mainly forever and provide nd treat her square and wording to the rules and s set down to govern such With Two-Coli the laws of the nni??H ??? help me'God?" Hinged Pi r; 1 do." Ixes your end of the bar- All the final landy Thomas, do you at their best in wear that you'll hang on features found on 'or all coming time; that v , f i t ie him in sickness and be 4 " J ?Y>i\ th him In wellness; that an<' l'v>KAl>ll,l tys be to him a good, true, has worn out in i-and-up wife under the The Royal is prescribed by the law for cost a|onc' j)Ut uncut or such offenses. ' c . nvcar this, so help you perfect oper.it 101 Royal Ciuar.mtct >y the power vested in me : Judge in and for Moore tate of Kansas, I, John S T far / pronounce you, Amos * 0/ lusband, and you, Mandy \ Pinpanfo, rife, and legalize you to \ VJVtClI h now and forovermore; \<'T" 1 stand committed until \ ... ? mat itilM wutluiieT moo? nd costs in the case are 1 ?n >.??, till, and may God have 1 that? wai a. work <a ? ?/- m bill quality for your souls.'?Chicago o *< HHL penaft for upkeep than any otter typewriter. . ' - J \ i married man has a good u Xtou^rnnm^omMi^ It's possibly because his 3 for any other kind. |mHQEHHB3BBM FASTER NEWS, MAY % l'Jl.'i. i Rule Jones Persuaded d Whitlock to Make a Spe< lean Magazine confess, a little reluctant?so Toledo, Ohio, 1 hesitated, asked questions, nal account of him, as usual, that I had no s s Golden Rule prepared. r of Toledo for " 'But you know it is writtei > fthe most fa- said, 'that in that hour it shi mtry. Follow- given you what ye shall say.' "I could assure him that ras undergoing prophecy had somewhat failed I i to see me, to CU8e? and that what was give Golden Rule to sa>' was not always worth 1 of green grass 'nR to when it was said; and le had dedicat- 1 -? tmc, uuu mere " "av nl"" o 1 crowd wi illow-tree, on there?' ? used to speak " Oh, a good crowd!' he ss s was a little ]'*ut what kind of people? n could carry, " 'What kind of people?' he le platform to hi a tone of great and genuim lents the peo- I,rl8e. 'What kind of people? igs that Jones there s only on kind of peo r them of real Just people, just folks.' 5 the spirit of "! went, of course, and I wt e not always well to Golden ltule Park an In the winter Golden Rule hall, and there held in Golden "ever such a school for >m that served he speaking as that crc torlum, in his park afforded, with street i the walls of grinding and scraping by one s is the original it and children laughing at up in his fac- play on the swings and poles > to be known Jones had put up there for I itsoever things or else standing below the sp should do to and looking curiously up int > to them.' In face, and Ailing him with the ivery reformer, of treading any moment on 5 country had tiugers which made a little I or under that all along the front of the plal whole placo And for a year or so after his her# that was I spoke there every Sunday." . The hall had of them on its FIVE POWER LOAN REFUI 1 paintings be ction with the . .. ? . , lies established * hin^se Lpper House Rejects whole institu- I"*4"1?<;r * Excitement reporter wrote al Shanghai, iper, the center London, April .10.?The I edo. correspondent of The Daily that morning sends the following dispatch: Jones said to "The senate has rejected til power loan contract. No excit come out and ! has been aroused here, but tli great tension at Shanghai, .?' I asked. l)r. Sun Yat Sen, the forme ie subject,' he visional president, and other face was rad- ers have been personally calli leautiful smile, foreign firms and trying to s Keen liuinor. chase arms for their party \ I would pre- amount of millions of dollars, he would not are conspiring to start another tence. lution, which would provoke f ^claimed. 'Why intervention and end China's what's in your pendenee." ke that. Once, ~~ in one of his Mean, id me on the "Let the people rule!" the ig just at din- manic candidate shouted. "Yes," sneered a sarcastic n go to Ironville the audience. I "suppose you care who does the ruling so 1< as I dislike to you can do the grafting." N-THE MOST RELIEVES PAIN AND H ERAL TONIC AT THE SAME nic Combines both The Wonderful, Old Reliable Dr. e Quinine drives Antiseptic Healing Oil. An Anti Iron builds up Surgical Dressing discovered by Adults and Old R. R. Surgeon. Prevents Bk> n. Poisoning. are taking when Thousands of families know it a <\STELESS chill and a trial will convince you thi 30 years through- PORTER'S ANTISEPTIC HE. tandard Malaria, OIL is the most wonderful reme< edy and General discovered for Wounds, Burns, OR It is as strong as Ulcers, Carbuncles, Granulated E] ic, but you do not Sore Throat, Skin or Scalp Diseai e the ingredients all wounds and external diseases v nouth but do dis- slight or serious. Continually pe< Is of the stomach, finding new usea (or this (am< iggist. We mean remedy. Guaranteed hy your Di Wc mean it. 25c, 50c, $1.00 ^0 IOMO QUININE" That is LAXATIVE BROMO QU . W. GROVE on every box. Cures a Cold in One Da; or Ribbon Tabulator Back-Spacer aper Fingers Tilting Paper Table touches of typewriter improvement are found i the new Mode! 5 Royal, including stTerul no other viti hive. >f the mam R yal features are its SIMPLICITY TV. Wc have yet to learn of a Royal that 1 reasonable s< rvice. the machine: of l.CONOMY?not in the first also in the money it saves through years of 1 and practice.i'y repair/ess \ervice. Read the ;; that'.; the !>.. is ujion w.iich we want you t coni:5el r the Royal. Got "The Royal Book"also Free Demonstration V ml to Royal (. nturrs nnd Royal s'ipcri<y I oritv it 1 own ltd its uniej Alocu lot Uf a lypcwet 1 1 <|u.r. iii. nts howi-vt-r ? xactinv. u. I $ *7 CZ tome a* for Model I with 1* 1 '4 e) Tabulator. No cxirati. I ROYAL TYPF.WRITF.R COMPANY / I A V'f 4 CTLM) IH I) iU\ I i ui). I U., J I-ANCASTKR. S. C. AGRNTS # ^6 u "r Servic isteu- V a-w then THE most relial is the RAYO. ! Vu* tcrials, so that uskt'U witnout oeing neav) 3 surWhy, It gives a clear, strong lig Pie? It won't b ow out, won' >Ilt as an expert-made lantern. J to sizes. There is a RAY< At Dew >wded STANDARD Cars >locorpora1 ide Of N?w?rk, N. J. their which ______________________________ them; weaker ^ ___________________________ ?P??BBM x 6PRINK indeThe pleasure in lawn every morni lan in ?ngnas is perpetually gr is a simple matte EALS diture at our stor TIME ? Porter'* i . . ^ptic 1 his means a c< an od | without discomfo lready, Cheap hose will Iung kinks will soon b ay ever re Lids , means needless 1 ses and ?? OUR SPRINKl 3U? old , ?g8l,t I made, either of h ININE ir-.J 1 ^ P 25c 1Z.CU lllidlCl lidl. VJ ' ' in the season anc summer. LANCASTEf "I | COB Notice of Election. Whereas oliO-lliif'd of the elect< and one-third of the free-holders ; siding in the Caston school distri R: No. 32, have petitioned the Cour Hoard of Education to order election to determine whether & not an additional tax of three ( mills shall be levied on all r< y. and personal property in said schc district No. 32 for school purposi We hereby order the trustees said district No. 32 to hold sa election at Caston school house > Saturday, May 10th, 1013, at whi > election only such electors as retu real or personal property for tax tlon and who exhibits their tax i ceipts and registration certiflcat shall be allowed to vote. Po shall open and closo as in all ge eral elections. , A. C. ROWELL, II. B. COFFEY, I J. H. HAMICE, County Hoard of Education. EGGS FOR HATCHIN from the best laying strain of 8. Wt Leghorns obtainable, $1.00 ai $1.60 per 15; $3.00 per 60; $6.1 J I per 100. Satisfaction guarantee Agents for Mandy Leo Incubators. Cunningham Farm Route 4. Phone 179 Sn^SSNSi having a cool, fresh ng and evening, that een, rain or no rain. ;r, by a slight expene. ool, pleasant evening rt from heat and dust. kink, and hose that >reak and leak, which trouble and expense. ^ING CANS are well leavy tin or of galvanlet these things early 1 have a nice lawn all 1 HARDWARE flPANY^? .Annual Iteunion Unittnl Confederate )ra Vterans, Chattanooga, Tenn., re_ May 117-21), 1018, Usual Very Ixm ct, Kound Trip Fares Via. Southern ?' Kaiway?Premier Carrier of the an South ui ricKets on sale May 24, 25, 26, 27 3).and 28, with tlnal return limit June ;al 5th, 1913. Final limit may be ex>ol tended to June 25th by personally bh. depositing tickets at Chattanooga oil of or before June 5th upon payment of dd fee of fifty cents, on Attractive side trip excursion ch fares from Chattanooga May 27 to rn 31 inclusive, with final limit June :a- 23, 1913. e- Excellent schedules and train seres vice via Southern Railway, lis For full information as to ratos. n- etc., apply to local ticket aegnt or address, W. II CAFFEY, Division Fasenger Agent, Charleston, 8. C. W. E. McGEE, ? Asst. Oen. Passenger Agent, p Columbia, 3. C. c Money to Loan. 1 am prepared, as heretofore, to negotiate loans cf $300.00 and op ward on first mortgage on Improved d cotton farms in Lancaster County on long time, repayable In annnal installments at 7 per cent. Interest on Hums of 11,000.00 and over. Ne commissions charged. Only a reasonable fee for furnishing abstract of title. R. E. WYLIE. 2 6 mos. 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