Record and Chronicle. (Denton, Tex.), Vol. 13, No. 282, Ed. 1 Tuesday, July 8, 1913 Page: 1 of 4
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TUTWNkL AMENDMENT.
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T0WAGESYSTEMAT1CCAMPAIGH
INVESTIGATION” HAS
through life aimlessly, without a
50c for those with attached collars.
.-;,i ■>, .irtfa,',—
.Bi.
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Williams Store
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NO NEW WINGS
for
its
MEHS A. & M. DELEGATION
MISMANAGEMENT IS CHARGED
Lr
4fi
Attractive Reductions
On Ratines and Lawns
COOL
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The First National
OFFICERS & DIRECTORS
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Self-Identifying Trav
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IN SOUTHWEST IN-
INTENSITY AND NEW
FOR SUMMER OF 1913
GOVERNOR LAYS DOWN GAUSE FOR
BELIEF THAT STATE SCHOOLS
AND ELEEEMOSYNARY INSTITU-
TIONS WILL NOT BE IMPROVED
IF NO. 18 LOSES.
DEPARTMENT OF JUSTICE WILL
PROBE AFFAIRS OF FAILED BANK
The self-registering thermometer
at the Experiment Farm at 1
o’eloek Tuesday showed 104, inli-
eatlng a maximum of 107 or more
for the day.
* Monday’s temperature ranged *
* from 71 to *5. •
Associated Press Dispatch. ’ /
WASHINGTON, July 8—The Commis-
sioner of Internal Revenue today es-
timated that the yearly revenue from
the income tax section of the new
tariff law will be 169,625,000, and from
corporation tax section $37,000,000.
SENATE CAUCUS URGES MEMBERS
TO SUPPORT TARIFF MEASURE
* WEATHER* FORECAST. *
* For Denton'and VlefnHy: *
* Tonight and Wednesday, gen- *
* erally fair. *
Associated • Press Dispatch.
WASHINGTON, July 8—-Assistant
Secretary of the Treasury Wil-
liams today announced that the
defunct Pittsburg bank had been
X seriously mismanaged and that the
Department of Justice would in-
vestigate its affairs thoroughly.
J. A Rhoads V P
W. E. Smoot. C
REV. V. L. BOUNDS RESIGNS.
J GREENVILLE, July 8.—Rev. G.
Bounds has resigned the pastorate
169,625,006 FROM INCOME TAX;
937,000,000 CORPORATION TAX.
'S MAXIMUM
UNG WAS 105
SHOES. SHOES
‘Us < -
Associated Press Dispatch*
LONDON, July 8—Militant suffrag-
ettes today burned the country house
of Sir William Lever in Lancashire,
destroying many valuable paintings
worth oven $100,000. .
, •__p
quire careful, individual service
surrounded by every safeguard,
this bank meets all requirements.
Wlh the mercury registering 100 at
10 o’clock Tuesday morning and the
weather forecast for “generally fair,"
the prospect was at noon Tuesday that
the day would set still another new
high mark for the summer’s tempera-
ture. Sunday with a maximum of 102
was the record for the summer up
to that time. That high mark was
eclipsed easily Monday, however,
when the mercury tube reached 105 in
the shade. If 107 Is reached Tuesday
it will occasion no surprise.
Monday’s range was 34 degrees—
from 71 to 105, The wave which has
up to the present -confined its atten-
tions to the Middle West and North,
resulting in record-breaking tempera-
tures and many prostrations in those
sections, seems ndvv to have enveloped
the entire southwest and throughout
1e>as particularly the mercury has
sizzled steadily above the 100-degree
mark each day this week. No immedi-
ate relief is in sight, according to the
Weather Bureau, but while the heat
is much more intense here than it
was thr ough the North,, no heat pros-
rations are reported.
HEAT WAVE
CREASES IN
HIGH MARK
WAS SET MONDAY, 3 DEGREES
ABOVE THAT OF SUNDAY.
SH
■
I;
The Exchange National
Bank.
Get Prices then Come to Our Store
Save on Every Purchase.
Boyhood Clothes
I
to show to the world
sincere, you can’t nail I
3* “ i.
WASHINGTON, July 8.-By an almost
unanimous vote the Senate democrats
yesterday in caucus declared that the
pending tariff bill as approved by the
caucus is a democratic party .measure,
and-urged Jts undivided support “as
a duty" by all democratic Senators.
Newlands of Nevada and Thornton and
Ransdell of Louisiana alone voted
against the resolution. By this action
President Wilson’s program for ah ef-
fective downward revision of the tar-
iff is regarded as assured and~ls said
to insure final passage of the bill by
49 democratic votes with a very strong
probability that Senator Poindexter of
Washington, a progressive, voting with*
the democrats on final passage. The
resolution is not as “iron-clad" as was
desired by some members, but never-
theless is regarded as rigidly binding
on all democrats who wish to retain
their par^- standing and carry out the
solemn pledges of the last platform.
The date of placing raw wool on the
free list was finally deferred to Dec.
1 and woolen manufactures on the re-
duced tariff basis to Jan. 1 to give
thost industries time lo prepare for
the difference^? t
Frequently his voice
emotion. His choice of
speaking of the varous
men led the Senators to
remarks frequently and
Lamar agreed with the objector. Al-
ways his game had been, to “force fi-
nancial people into the open," he said-
PLUCK will open an account
with the Exchange National Bank;
TENACITY and APPLICA-
TION will make it grow until op-
portunity offers a good investment;
then the race is on.
Fortified with these essentials and
backed by this good bank, he is a
sure winner.
Bank established 1881.
L.
. of
the West Lee Street Methodist church
to become commissioner of Education
for Wesley college to raise 1100,000
for its endowment.
SOLID CONDITION OF OTHER FI-
NANCIAL INSTITUTIONS AND PRE-
PAREDNESS FOR CLOSING OF THE
FIRST-SECOND NATIONAL RE-
FLECTED IN QUIET CONDITIONS.
IF
& Jfc- ■■
If a man has
LONDON, July 8.—The most impor-
tant news from the seat of war yes-
terday was the report, confirmed .fr»m
Sofia of 0 a Iar8e
Bulgarian f_______ Vrania, threatening
the Servian line of retreah
Both Turkey and Roumania are now
MILNER SPEAKS AT NORMAL.
Col. R. L. Milner spoke at the Nor-
mal College Tuesday morning' during
the chapel hour to the fadulty and
nearly a thousand students. Speak-
ing against Senate Joint Resolution
No. 18, the address consisted of about
the arguments put forth in his Mon-
day afternoon address at the court-
house, with a few additional ones. Mr.
Milner, in the course of bis remarks,
advocated more educational institu-
— r1 - 1 -...... —■ ............—
(Continued on Pace Three.)
Resources $700,000
Motto: Saeftx and ServrSR
Associated Press Dispatch.
HOUSTON, July 8—Lieut. Lorena P.
<11 of the United States Army Avia-
tion Corps was instantly killed this
morning when his aeroplane collapsed
and fell north of Texas City.
Lieut. Call was /practicing making
landings and -was at ,an altitude of 500
feet when his machine suddenly plung-
ed to the earth. Surgeons said every
bone in his body was broken. Air
currents are believed to have dashed
the aeroplane downward. He was the
tenth victim of aviation in the govern-
ment service. Cail was from Missouri;
He was twenty-five years old and sin-
gle. 7 \
Too many shoes. The enormity of our stocks
forces us to sacrifice. Several lines of ladies ox-
fords and pumps now Half Price.
The First Guaranty
State Bank
N. Side Square. Denton. Texas.
GREATER SHIRT BARGAINS
See our big show window for the story—50 dozen
shirts any style you could ask for, now .„...... 50c
^you’ll find tempting bargains in white
waists and dresses.
other made them. They answered
lardly “fill the bill” now. You fe-
es now made as you want
st and guaranteed to fit at a price as
cost you. We can fill every require-
hands of
dates." ‘
The Denton County
National Bank
MILITANTS BURN COUNTRY
•HOME; PAINTINGS BURNED
A’Guarantv Fund
- Bank
. Every Accommodation
Extended Our Patrons
We Sslicit Year Account •> the
ARMY AVIATOR KILLED
WHEN AEROPLANE FALLS
One of the Essentials to
Pleasure in Traveling is
, Being Able to Procure
Funds as needed with-
out the Trouble Id-
_ cident, to Identi-
fication
Taliaferro I
Associated Press Dispatch.
VIENNA, July 8—After defeating sev-
eral small Servian forces, the Bulgari-
ans have penetrated to Vranya, the
Servians’ war commissary station.
TURKEY MAY AGAIN MAKE WAR
AGAINST BALKAN STATES
Many choice patterns, m Lawns and
Ratines that will make nice dresses for
the warm days.
Associated Press Dispatch.
WASHINGTON, July 8-David Lamar,
the Wall Street operator, took the
stand at his own request today in the
senate lobby investigation to make a .
“statement" relative to bis relations'
with Edward Lauterbach and Wall
Street financiers. Lamar declared that
ius only object was to bring about
“Just such a situation as this invest!- j
gallon."
"The One Villain of Wa UStreeL”
“I am the one villain in Wall Street.
All the rest are actuated by the high-
est motives and possess ’the highest
ideals," said Lamar bitterly.
shook with
adjectives in
Wall Street
interrupt his
In each case
Some have soft collars to match; all
tern have French cuffs. Just the
; for the weather we are having and
is to come.
OFFICERS and DIRECTORS.
. W. B. MeCluykan, President.
J. L. Blewett, Vice President.
B. H. Deavenpoyt, Cashier.
R. M. Barns, A„t. Cashier.
D. R. Turner.
W. J. McCray.
J. F. Raley.
<J. H. Blewett
INTIMATES COIQUITT
E tit ’•» 1'^ ; >'■ •
reconstruction times’-when
f government were in the
1. J. Davis “and his asso- ,
he bonds for the issuance "
The Ideal I
Is what every ]
........- I
Associated Press Dispatch.
PITTSBURG, July 8—Financial Pitts-
burgh today showed little evidence of
yesterday’s crash, when the First-Sec-
ond National bank of Pittsburg and
the First National Bank of McKees-
port failed and receivers were appoint-
ed for the American Waterworks Co.
and the Kuhn banking interests.
The run on the Pittsburg bank for
savings continued today, but it is now
believed that the measures adopted
will enable the bank to weather the
storm. Kuhn today resigned as an
officer of the savings bank.
STATEMENT FROM U. S. TREASURY.
WASHINGTON, July 8.—At least .one-
third of the capital stock of the First-
Second National bank of Pittsburg
had been impaired, according-to the1
statement of the Treasury regarding
the closing of that bank yesterday. It
was also said that the bank was clos-
ed at request of the directors to pro-
tect the depositors. '.‘The ^losing of
the Pittsffurg bank,” said Secretary of
the Treasury McAdoo, "is simpjy a spo-
radic case of unsound banking and has
no other significance." He added that
the receivership removed a long- stand?
imr “sore spot” in the Pittsburg situ-
ation, leaving the general conditions
there sound. One fact which drew the
critical attention of the department to
the bank was the discrepancy ot near-
ly 82,000,000 between its last statement
as furnished the Controller and that
published, in the Pittsburg papers. The
First National, which was merged by
the , Secund National, had been In a
weakened condition for a number of
years, it was declared, and the Gov-
ernment has been watching with criti-
cal eyes the conduct of the merged
institutions ever since the amalgama-
tion. . ' I ■
No effect of the failure was felt In
New York, according to dispatches,
banks there having expected some de-
velopments for several days.
The run on the Pittsburg Savings
bank had ceased last night, all deposi-
tors being paid up to 850 and notice
demanded for larger deposits.
'---------------------------------------------------------- 4 ■
BULGARIANS PENETRATE INTO
SERVIAN COMMISSARY STATION
cClurkan&Co
In his statement to a delegation
from Bryan and other South Texas
counties at Austin Monday Governor
Colquitt broadly intimated that the
defeat of his pet amendment, Senate
Joint Resolution No. 18, means that
there would be no appropriations for
public buildings at the state schools
and eleemosynary institutions the
coming year. His statement goes on
to declare that if the amendment shall
be defeated he will take it as evidence
that the people do not want $2,000,000
expended for buildings at the institu-
tions of higher learning, and he is in-
clined to me opinion that these insti-
tutions win have to await the sub-
mission of a new amendment or the
action of his successor and a new
Governor, since he is determined to
put tjje 7’reasury on a cash basis.
He will consider, also, that the de-
feat of the amendment will'be the
defeat of an administration measure
and he will “govern himself .according-
ly,” whatever that may mean.
Threatens A. A M, College.
He had still another threat against
the A. A M. college. If the A. A M.
is to be considered a part of the Uni-
versity and entitled'to a share of its
land endowment, he will consider that
it is disqualified from receiving legis-
lative appropriations for the erection
of buildings, the University being so
disqualified under the Constitution.
He .declared that the A. A M. college
must take one horn or. the other of
Jhe dilemma presented.
There is good reason to believe that
the Governor’s threat, if put into exe-
cution, will effect seriously the two
state colleges here, both of which arc-
asking liberal appropriations in the
Way of buildings. Both the Normal
and the C. I. A. are asking for larger
appropriations’for permanent Improve-
ments than in their previous history,
each asking. It is recalled, for two
more buildings and, also for increased
maintenance- ftmds- - The'matter of
the appropriations will, of course, be
a matter primarily in the hands of
the Legislature. But the Governor
may bring into the fight his blue pen-
cil, which permits him to go over the
appropriation bill item by item and
eliminate those he desires to eliminate.
Both local colleges are badly skimp-
ed for room, a second dormitory at
the G. I. A., It is declared, being abso-
hite’y essential to the school's growth.
The Normal needs, a model school
building and another building on the
campus, besides more room.
—»... —
-.......
Don’t Spend Your Money
until you have investigated our offering fc
the week
WHEN
HOT
TIRED an
THIRSTY
DRINK th
ISSUES
One lot of Ladies’ Dresses at Half Prloa
One lot men’s 2*piece suits Ona-third Off of
regular price.
Boys’ Knickerbocker suits at a diecount of
twenty-five per cent. ;
One lot of fancy lawns, regular price 20c and 25ca
now per* yard...................................
Red Seal Gingham now per yard
Privacy and Safety
Many people are timid about
their financial affairs. They de-
sire positive safety and privacy
with regard to all financial trans-
actions.
This bank has always observed
the strictest confidence in hand-
ling its customers' affairs and for
the item, continuing to recall that the
penitentiary system *was now in debt
over two and a half millions of dol-
lars, while the lands were among the
richest In the country. Tbe likelihood
that any institution except the Univer-
sity would be bettered by the passing
01 the amendment be declared would
resemble the real result in about the
proportion that the seeming headway
given the problem of the frog which
jumped two inches out of the well
and fell three back in, a boy “clever at
ilggers, the speaker went on to nar-
rate, was waked up early in the morn-
ing by his father, who wanted to know
the result of his«figuring. "Why,
father," was the answer, “that frog's a .
million miles in* hades right now!’’
Urges Voters to Vote.
The speaker disclaimed any selfish
interest in the amendment’s defeat at
the polls, reminding his audience that
he would not even be removely con-
nected with any state institution after
September, when his resignation from
A. A M. is effective. He warned them
against saddling themselves with laws
offensive to -the best interests of the.
people, and declared vehemently that
the people were responsible, positive-
ly or negatively, for all the bad laws
passed, as well as the good. Whether
they would vote for or against the
amendment, he urged them tp exercise
their franchise rights, “the greatest
privilege ever exercised by American
citizens." /
--
AT OWN REQUEST WALL STREET
OPERATOR GOES ON STAND TO
'MAKE “STATEMENT’ CONCERNING
July
Some tempting bargains that loosen
tightest purse string and please the n
exacting shopper.
We will show you as nice men’s fur-
nishings as you will find anywhere.
18 correct shapes in Arrow collars.
Belts with your initial or monogran on
the buckle,
to see Superior Union Suits.
Speaking in support of his strong
stand against Senate Joint Resolution
18, amending the constitution of the
State, Colonel R. T. Milner, resigning
president of the A. A M. College, ad-
dressed a gathering pf county voters
and citizens Monday .afternoon in the
east court yard. ‘ The' crowd was evi-
dently in sympathy with the speaker..
Introduced by F. F. Hill, who adjured
the Voters that they were to decide
the issue then to be discussed before
them squarely upon its own merits,
after settling to their own satisfaction
whether it were wisd to give a body
of eighty men the power, as he ex-
pressed it “to foist unlimited indebt-
edness upon the taxpayers of Texas,"
Col. Milner plunged at once into his
(jpnouncement, in certain terms, of th«
proposed amendment, characterizing
it as one of the most remarkable reso-
lutions ever brought before a legislat-
ive body, and to his belief, the most
important question left to a people to
decide since the war of the secession.
Tbe speaker took time to disclaim
any intention of censuring the Legis-
lature for their action in regard. to
the amendment to be voted on Jiily-
19th, saying that, hampered as they
were in so many ways, and in the
midst of an epidemic which removed
from their midst three members, they
did not have time to even consider the
sixty resolutions which were offered
to change organic laws, much less the
many miscellaneous bills offered
their consideration.
“A Seven-Headed Monstrosity.”
Then, dubbing the amendment__
nickname, “a seven-headed monstros-
ity," containing, he said, just seven
different propositions, he continued in
his discussion of a few of the named
evils involved in it.
“In Jhe first place,” ho said. “It
gives the Legislature authority to is-
sue deficiency bonds to the total
amount of $500,000 instead of the
former limit of $200,000; secondly, to
issue bonds for'the University for the
purpose of purchasing additional
grounds and for the erecting of addi-
tional buildings, including a medical
department, an agricultural and me-
chanical department, and all other
educational activities necessary to
complete a first-class university."
He declared himself a friend of the
University of Texas “before any of
that tribe had existence tn the State,"
and recalled that he had had the honor
of carrying his chunty against an-
other county for the locating of the
University at Austin, where he con-
sidered that the students who went!
there for the purpose of studying law
might be in touch with the great men
of Texas, and where all might avail
themselves of the opportunities of-
fered by the splendid library there.
Continuing ... s argument against
vesting in the Legislature the power
to issue bonds for the University to
the extent named Jn the amendment, I
he spoke of the permanent land en-
dowment of the University which
yields ‘ sums yearly varying about
$184,000, and declared that he would 1
favor an amendment whereby the
University might Issue bonds from
those lands, and provide in the sanje
resolution for an Interest and sinking
fund to be paid out of their own en-
dowment. Beside this, he believed
that the Legislature should make am-
ple appropriation for the maintenance
of the institution.
Champions A. A M. <
Declaring that he could not be sur-
passed in praises for the University, he
championed the A. A M. College,
which was designed, he declared, to
teach agriculture and its allied sub-
jects and engineering subjects. He
said that the percentage of agricul-
tural students is increasing each year,
being nriw about 50 per Cent against
18 per cent the first year of the insti-
tution.
He urged that, under the proposed
amendment, the A. A M. College, as
well as the College of Industrial Arta,
would gradually cease to be, he be-
lieved, declaring that while the
I amendment had at first looked like a
fair proposition to him, he had be-
lieved from the first that, as the coun-
try youth whq tasted codfish baits for
the first time expressed it, “there was
somethin’ wrong In that there bread.”
In reading the clause of the amend-
ment concerning the issuance of bonds
for the University, and then for the
issuance of bonds for the constructing
o. necessary buildings for all State in-
stitutions, he remarked that in the lat-
ter there was not even the clause pro-
viding for their approval by the gov-
ernor.
Still Paying E. J. Davis Debts.
The speaker recalled the debt owed
now by the State of three millions of
dollars, interest to the amount of
about seven millions of dollars hav-
ing already been 'paid, the * original
debt of which was forced on the peo-
ple durf " “ "
PIHSBURC SHOWS
LITTLE EVIDENCE DE
THE CmN MONDAY
1
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Edwards, W. C. Record and Chronicle. (Denton, Tex.), Vol. 13, No. 282, Ed. 1 Tuesday, July 8, 1913, newspaper, July 8, 1913; Denton, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1214167/m1/1/: accessed July 16, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Denton Public Library.