San Antonio Express. (San Antonio, Tex.), Vol. 49, No. 93, Ed. 1 Friday, April 3, 1914 Page: 3 of 18
The following text was automatically extracted from the image on this page using optical character recognition software:
SAN ANTONIO EXPRESS: FRIDAY MORNING, APRIL 3, 1914.
Villa in Possession
■ of the City of Torreon
Constitutionalist Commander Wires Carranza
Report of Victory—Juarez Wildly Rejoices
When the News Is Given Out.
VICTORY WON; SOLDIERS SLEEP.
GOMEZ PALACIO, Mexico, April 2.—General Villa occupicd Torreon
tonight. Some of (he Federals, who had been fighting on the outskirts
of the town, fled, hut a large number, who had been defending the bar-
racks and street barricades, were captured.
The soldiers were exhausted from fighting, and when it became known
that the enemy had been routed most of them fell asleep in the streets
wherever they were. The streets are filled with dead and wounded.
t'ontinue'l from I'uge One.
portance in a military sense fell first—
Nlapimi, No and Sacramento, where a
bloody battle was fought.
Next, came Lcrdo and Gomez Palacio,
populous suburbs of Torreon and all three
connected by a belt line of street cars.
Lcrdo was not defended, but it took three
main assaults in which the Constitution-
alists lost heavily, to take Gomez I'alacio.
In the final attack on the city troops
were Withdrawn from Lcrdo. whereupon
the Federals occupied it and another
sanguinary conflict was necessary to re-
THE FIRST PASH UPON TOKKEON.
Last Friday General Monclovio Herrera,
with his own brigade and part of Bena-
Vk eK'j ^arftK°za brigade of veterans made
the first dash against Torreon. He en-
tered by the east and penetrated to the
bull ring, north center of the town, before
he was checked. Street fighting, in which
hand grenades were the most useful weap-
General Villa, then at Gomez Palacio, an-
nounced he would join in the attack, as-
suming supreme command. He announced
also that the newspaper men with him
would not be allowed to send out any
news whatsoever until the town was com
pletely in his hands.
To the thousands whose verv living
hinges on conditions in Mexico, there fol-
lowed a period of anxious waiting. Ru-
mors were everywhere and from time to
time the Federals asserted Villa had been
routed, but Villa let out just enough of
his official report to bewilder the public.
The question mark after the situation
never loomed larger than tonight. Early
in the evening Carranza announced that
the status at Torreon remained unchanged.
Then came the bugle call of voetor.v. Mex-
icans recognized it in a flash and the
streets became thronged instantly. Out
of the saloons and gambling houses the
crowds rushed until all places where
crowds congregate were empty and the
throngs stormed up the street to Carranza's
Repeatedly the bugler sounded the call
and a great wave of cheering arose. The
electric lights strung atiout the Carranza
residence last Sunday to welcome him
were turned on, lighting up the draped and
festooned red. white and green of t he
Mexican national colors.
"Viva Carranza! Viva Villa! Viva
Madero! Viva Mexico!" came the shouts of
Inside General Carranza and his confi-
dential advisers were toasting Francisco
Villa, the hero of the campaign.
Mayor Padres, realizing that some one
must be calm, took occasion to order the
saloons to close.
A hundred professions formed in the
streets and marched about shouting and
By Carranza's orders all the town was
Illuminated, soldiers of the garrison parad-
ing and the military Dand playing.
The national salute was fired, church
bells rung and whistles blown.
Samuel Relden of San Antonio, Tex., a
friend of Carranza, described the scene iu
the Carranza home when tlie long awaited
news was received.
"General Carranza had been talking with
Gomez Palacio off and on for some time,"
Mr. Belden said, "and was chatting with
members of his family. He seemed very
cheerful, even buoyant. At 11 o'clock the
telegraph operator enme into the room with
a piece of paper in his hand.
"Well, muchaeho, is it Torreon?" the
general smiled, as one who knew well
what the answer would be.
"Yes, my chief," was the reply.
"Carranza kissed his wife and daughters,
then—'have the bugler sound 'he call of
triumph.' he ordered, 'and c've me the
telegraph. I must tell Mrs. Villa.'
"This was the first news of ltir hus-
band's achievements to reach Mrs. Villa.
WIRES CONGRATULATIONS TO VILLA.
"Carrauza's next act was to telegraph
b message of hearty congratulation to
Villa. Meanwhile, friends of Mrs. Villa
were calling her on the telephone with
words of congratulation, while others, de-
spite the hour, called in person, and wine
reserved for the occasion was gr.Yefully
rirunk to the victorious general, to his
lieutenants and those who gave their
"The victory gave to the Constitutionals
undisputed control of the central part of
Northern Mexico 600 miles south from the
Its full effect cannot be summarized in
a moment, but in prestige and power it is
Bald its value is incalculable.
It is certain to make recruiting a com-
paratively simple matter and holders of
the Constitutionally fiat money tonight
predicted a sudden rise in the rate when
business is resumed tomorrow. It was
belling at 20 cents to the gold dollar to-
Whether Villa will turn aside to take
Monterey, an important city to the east,
or to the west against Mazatlan. held by
the Federals, is not known. Villa habit
vially keeps his plans to himself.
VILLA'S ARMY WELL
The force sent, against
Torreon wAs the
largest and besr equipped of any ;n the
revolutions which began with
r>f Francisco Madero four-
Villa claimed to have
13,000 men, and
conservative estimates gave him about
They went south fully uniformed, with
food for a month and 2,000 rounds of
ammunition to the man.
Many of the Constitutionalist losses were
due to the fact that some of the home-made
shrapnel refused to work and to the fact
that 8,000 cartridges, said to have been
bought in a job lot, failed to work. It
is said they were manufactured many
years ago and that the powder had de-
teriorated to an extent that the bullets
flew not more than twenty feet.
At Juarez and Chihuahua for weeks Villa
waited while every detail was being per-
fected. He realized perfectly that tlie cam-
paign probably would go far to decide the
whole fate of the war.
Profiting by the experience of previous
revolutions where haste had led to dis-
aster. Villa declined to be hurried. The
Mexican equivalent, to "on to Richmond"
fell on deaf ears, so far as Villa was con-
Rapid fire guns were shipped to Juarez
from the Atlantic seaboard and from Eu-
rope. Ammunition arrived in car lots and
at last everything seems ready, but still
Villa waited. A month or more ago the
embargo on arms was raised, and It was
thought certain that at last Villa would
move, but still he sat in his office at
WATER SUPPLY PERFECTED.
Then one day, a month ago, he gave
his staff officers a half hour's notice, and
they were off after the troops that had
preceded them. Then the reason for the
delay came out. *
"1 have perfected my water supply,"
Villa said. "It was my most, serious prob-
At Chihuahua there was more delay, but
a tremendous amount of work was being
accomplished. Villa carried every detail
in his own head and was ceaselessly ac-
tive, inspiring and urging on his men.
When he was ready for the next stage of
the movement south every detail had
been worked out.
Twelve troop and supply trains were
dispatched from Chihuahua at ten-min-
ute intervals without a hitch. The thin
advance line of Federals retreated before
him and he took Bertuejillo with a rush
and established a new base there. This
work did not delay the onward press of
the soldiers. The dust of unloading horses
and mules had not settled when columns
were sent east and south and the news
of the taking of Bermejillo was still fresh
when reports of the fall of the cities in the
Torreon district began to arrive.
The conflicts in these places were not.
serious so far as the number of men
engaged was concerned with the exception
of the fight at Sacramento,
The fight there took place on the banks
of an irrigation ditch and the losses, while
yet not definitely announced, were admit-
tedly heavy on both sides.
GOMEZ PALACIO FIRST OBSTACLE.
When a bulletin was received that Brit*
tingham Junction, within six miles of Tor-
reon and controlling important railroad
connections, had been taken, students of
the campaign were astonished at the ra-
pidity of the Constitutionalist movements.
Gomez Palacio, a city of 20,000 persons,
four miles from Torreon, presented its
first great obstacle. Here the Federal
commander had laid crafty plans of de-
The Constitutionalists were full of con-
fidence. So certain were all of victory :
that many of the wounded limped along ,
with their columns In their blood-soaked ;
uniforms. The first, attack on the town I
appeared to have resulted in an easy vie- |
tory and a triumphant telegram was sent
back to Juarez, but it scarcely had been j
sent when the Federals appeared with |
great suddenness and in overwhelming j
TJie rebels were mowed down from j
every quarter and retreated in confusion.
It has been said they might have been
whipped then and there had Velasco, who
had brought most of his army into the
cltv and its environs, pursued his advan-
tage. He did not, however, and Villa the
next day delivered the second attack. It
was made at night and was unsuccessful.
THIRD ATTACK SUCCESSFUL.
It was not until he realized that. Velasco
had chosen Gomez Palacio for a general
engagement, the rebel leader, knowing his
enemy at last, brought up reinforcements,
including the column that had occupied
Lcrdo without oppositions, and the next
attack was successful.
The Federals fought with desperation
lrom house to house and losses were heavy
ou both sides. For days trains of wounded
crawled north with their suffering passen-
gers The dead still were In the streets
last Friday, when General Monclovio Her-
rera began the attack on Torreon
Herrera is partially deaf -«nd his high
courage has been humorously attributed
by his devoted followers to the allegation
that he cannot hear the bullets He cut
through a section of Torreon with
rapidity that at first it was thought that
the Federals exhausted at Gomez Palacio
would be unable to offer more than a pre-
tense of resistance
The mistake was quickly realized, how-
ever. iu the days that followed. Posi-
tions were taken and retaken. Reports of
impending victory were followed by long
periods of silence, which plainer than
CALL ISSUES FROM FORT WORTH
ASKING EXECUTIVE COMMIT-
TEE TO RECONSIDER.
Continued from Tug* One.
the rentals of stores and dwellings, for
estate in the soil is identical in country
and town. To fix the income of property
is to fix its value. The proposal in its
logical and inevitable application means
the abrogation of the right of contract
and the ultimate confiscation of all real
estate to the possession or regulation of
the State, and this is rank Socialism. Be-
sides, not one tenant in a hundred pays
a bonus of above the proposed standard
of rental, and the measure advocated by
Mr. Ferguson is a delusion which the peo-
ple will repudiate when they consider its
"We refuse to be driven to make a
choice between the two political evils of
a Federal despotism to which Colonel
Bali's organization is committed, and out-
right Socialism to which Mr. Ferguson is
committed. We will not sacrifice the po-
litical peace of the State by supporting
Colonel Ball as a means of defeating Mr.
Ferguson, and we will not sacrifice our
Democracy and rights of property by sup-
porting Mr. Ferguson in order to defeat
"For these reasons we ask the members
of the executive committee of the construc-
tive Democrats who oppose annulling the
convention, those who are willing to re
consider their action in the light of these
facts and all good Democrats who sub-
scribe to these views to joiu us In a con-
ference at Fort Worth on April 14, as
originally called, to consider the welfare
of the party and the State, both of which
is Jeopardized by a desperate contest be-
tween the zealots of prohibition and the
zealots of anti-prohibition, each bent upon
winning its cause at the sacrifice of all
that we have been taught to hold dear
as the most beneficient institutions of a
self-governing and home-owning people."
HE DID NOT CALL
DECLARES STATEMENT THAT HE
WOULD NOT PROCEED AS
General Felix H. Robertson Calls on
Democrats to Meet at Fort
Worth April 14.
Special Telegram to The Express.
WACO, Tex., April 2.—General Felix
H. Robertson, who recently announced
his candidacy for the nomination of Gov-
ernor of Texas, gave out a statement to-
night, insisting that a convention be held.
"A number of gentlemen styling them-
selves prohibition Democrats have nomi-
nated Colonel Ball as their candidate for
Governor of Texas, with the avowed pur-
pose of securing a prohibition amend-
ment to our State Constitution.
"On March 7 a convention of Demo-
crats favoring our present local option
State Constitution, believing that pro-
hibition in the State is contrary to our
institutions, and that National prohibition
will he destructive of liberty and State's
rights, met at Dallas, and formed a plan
to combat the doctrine avowed by Colonel
Ball and his followers. Your Dallas con-
vention called a convention at Fort
Worth for April 14, and placed a man in
charge of your executive committee for
the purpose of carrying out the work
The statement then attacks motives for
calling off the Fort Worth convention, and
"Prohibition should be met now. Bet-
ter meet it now and defeat it in our
own party. That will save us a bitter
fight in 1015.
"If we are afraid to fight, let us sur-
render in a body, and not add the crime
of desertion to the shame of surrender.
"Prohibitionists contend for a pro-
hibition amendment to the Federal Con-
stitution. That would be destructive of
State's rights, for which our party has
I fought for more than fifty years, and we
have but lately secured its full recog-
nition by all branches of our Federal Gov-
"If you permit your party to be thus
destroyed you necessarily invite the utter
I destruction of local self-government by
I the State and the Invasion of our homes
I by Federal spies and informers, and the
! building up a Federal despotism that
I will recognize no limit to its imperious
"I have no interest in this appeal save
j as a Democrat, and I am more than will-
ing to take my place in the rank to do
my part in an effort to save my party
and State from an impending calamity.
"I, therefore, appeal to the Democrats
of Texas to send their delegates to the
Fort Worth convention which they have
already called for April 14. there to renew
allegiance to the principles of the party
and to preserve its organization."
Improved Living Conditions.
Improved Wage Conditions.
Improved Leisure Conditions.
Improved manufacturing conditions.
Improved selling conditions.
Improved buying conditions.
Improved employer and employee condi-
Improved mutual helpfulness conditions.
This is a portion of the union platform you
stand on when you stand in Union
Boot & Shoe Workers' Union
246 Summer, Street, Boston, Mass.
Write for list of union shoe factories and other interesting literature,
telling what we have accomplished for our fellow workers.
words spoke of the closeness of the
HAND GRENADES RUN SHORT.
Villa's supply of the all-Important hand
grenades rati short and his forces rested
from their incessant labors until a new
supply was brought up. These were es-
sential, as much fighting was from the
housetops, the mud walls of which pro-
trude above the flat roofs.
At short range the artillery was of little
such use, except to sweep the streets. These
were barricaded everywhere and many a
desperate encounter occurred over their
j Last Tuesday afternoon it seemed al-
j most certain that the town had fallen. Re
ports to this effect, however, proved pre-
■ mature, and it is said the most desperate
j fighting of the battle took place today he
I fore the last position of the enemy was
j Villa is believed to hare the city practi-
cally surrounded, accounting for the large
j number of prisoners he is said to have
j captured. Most of these, it is assumed,
1 will be enrolled in the rebel ranks, as has
; been the custom in Mexico.
Affiliated with American Federation of Labor.
MUIILLO BANK CLOSED
State Banking Department Orders In-
stitution Discontinued, Saying It
The Eipress Austin Bureau.
AUSTIN, Tex.. April 2.—The State Rank
ing Department today ordered Bank Ex-
aminer L. I\. Roberts to close the First
State Bank of Amarillo. A statement was
given out by the department that this ac-
tion was taken on reports from Examiner
Roberts that the bank was not solvent.
It. was further stated by Commissioner
Collier that he believed that he would b«
able to work out the affairs of the bank
without loss resulting to depositors, al-
though at this time he has not received a
report of the condition of the bauk at the
hour It was ordered closed.
The First State Bank, of which C. C.
Chenoweth is president, has a capital stock
of $50,000 and has been in operation since
August 6. lfllO. According to Commissioner
Collier it has deposits of about $65,000,
protected by th# guaranty fund, and in
tere«t bearing deposits amounting to about
DALLAS, Tex., April 2.—The question
whether the Fort Worth constructive Dem-
ocratic convention was called off by his
action last night in withdrawing from all
further participation In it, was put to
Bryan T. Barry here today.
"No," he replied. "My action does not
call the convention off. Those >\ho wish
to participate can do so."
Mr. Barry was chairman of (he Dallas
convention which issued the call for the
Fort Worth convention to be held April
14. Mr. Barry's action was baned on a
poll of the State committee, which worked
out the details of the Fort Worth con-
structive convention plan. The majority
of this committee told Mr. Barry they
were not in favor of the convention. Mr.
Barry said he was not prepared at present
to make public the votes of the State
committeemen showing how each stood on
the convention plan. The statement issued
by Mr. Barry last night follows:
"Believing that the present, situation
challenged the wiadoni of holding the
State convention called for Fort Worth
on the 14th to select a Democratic can-
didate for Governor for the July pri-
mary election, 1 wired each member of
the State committee today, asking if he
favored holding the Fort Worth conven-
tion, and have replies from all the act-
ing committeemen except three, and the
majority having answered in the negative,
and as I concur in this decision, I hereby
give notice that 1 shall not proceed fur-
ther as chairman of the committee to
ward holding the convention.
ST ATE M1C NT MI SCO N ST RUED.
Mr. Barry Issued the following state-
"So far as I have heard the press and
members of the committee have improp-
erly construed my statement that 1 will
not further act as chairman of the State
committee in holding the Fort Worth con-
vention, I did not 'call the convention
off. 1 hold uo such authority. I acted
for myself, and my reasons were prin-
cipally personal. And the expressions of
the members of the committee to me will
be treated by me as a family affair and
each member who wired me will, of
course, exercise his own right to act
as he prefers in the matter.
"And under the circumstances I do not
think I could be expected to, pr that
1 should say any more at this time."
"A majority of the members of the
executive committee named at the Dallas
conference have declared against hold-
ing the Fort Worth elimination conven-
tion of the constructive Democrats, and
if such a meeting is held it will be con-
sidered a 'rump' convention," said Sen-
ator Q. IT. Watson, Thursday morning, in
commenting on the action of Mr. Barry.
A statement was given out by J. Sheb
Williams in Fort Worth Wednesday night
to the effect that the convention should
and would be held.
"What was the principal reason given
for the decision to call off the Fort Worth
convention?" Senator Watson was asked
MAJORITY OPPOSED CONVENTION.
"It seems to me," he replied, "that
Chairman Barry's statement suffi-
ciently plain in regard to the reasons. A
majority of the members of the commit-
tee expressed a belief that the movement
was inopportune following recent develop-
ments iu the Texas political situation.
Anyway, the law provides what consti-
tutes a Democrat, and after a number
of those who entered the race had with-
drawn it was believed that a man could
| be centered on that will give Mr. Ball a
real fight without the necessity of hold-
ing au elimination convention.
"As far as South Texas is concerned,
the Democrats of that section have al-
ready selected their standard bearer in
this campaign. That man is James E.
"I do not believe, however, that a cor-
poral's guard of Democrats would attend
the State convention called for Fort.
Worth on April 14, and do not believe the
convention will be called."
At the preliminary meeting held here
in March there was considerable oppo
sltlon to the plan of holding an elimi-
nation convention on the grounds that the
constructive Democrats were simply track-
ing the prohibition Democrats in the
methods of selecting a standard bearer.
"What do you think of the statement
given out by J. Sl^b Williams, that the
convention should and would be held?"
Mr. Watson was asked.
"Well, I don't like to discuss that, ex-
cept to say that Mr. Williams is a little
bit excited, and I reiterate that it the Fort
Worth convention Is held It will be con-
sidered a •rump' convention."
Local political lenders seemed to he in
doubt regarding the situation. Some of
those who have been active In the plans for
holding the Dallas county conventions in-
timate, however, that they will not be
held. These are the precinct conventions
at which delegates to Fort Worth are to
Jacob F. Wolters of Houston, accord-
ing to telegrams made public here late
today, has notified North Texas Demo-
crats that no primaries would be held in
Harris County to name delegates to the
proposed "constructive Democratic" con
vention In Fort Worth on April 14. His
announcement catne in the form of a tele
gram in reply to one from W. Gregory
Hatcher, asking an expression of Mr. Wol-
ters' views, and was as follows :
"Since the announcement of Mr. Barry,
the primaries have been called off in Har-
ris County, and none will be held here."
Mr. Hatcher said he would take no
further part in the proposed convention
and expressed the opinion that no pre-
cinct conventions would be held in Dallas
Colquitt Family Coming to Fiesta.
The Express Austin Bureau.
AUSTIN. Tex., April 2.—Governor Col-
quitt. accompanied by Mrs. Colquitt. Miss
Mary Colquitt, members of his personal
staff and their Indies and Adjutaut Grn»
era I Henry Hutchlngs and Assistant Ad
jutant General E. It. York, will be in
San Antonio April 23 and 24 to attend th«'
Fiesta San Jacinto. The Governor and his
party pi in to leave Austin April 22 ai
?. p. m. over the International A Great
DALLAS GETS A
TEXAS, NEW MEXICO, PARTS OF
OKLAHOMA, LOUISIANA AND
ARIZONA IX DISTRICT.
Continued from I'uge One.
021.with 724 National and several State
banks. Territory, Ohio, all of Pennsylva-
nia lying wesl of District No. .1, the coun-
ties of Marshall, Ohio, Brooke and Hancock
in West Virginia, and all of Kentucky east
of the western boundary of the counties of
Boone, Grant, Scott, Woodford, Jessamine,
Garrard, Lincoln, Pulaski and McCreary.
District No. f>, Richmond- Capital, $0,
.">43,281, ,with 47f» National banks and a
number of State banks and trust com
panics. Territory, District of Columbia,
Maryland, Virginia, North Carolina, South
Carolina and all of West Virginia except
those counties iu District No. 4.
District No. (}, Atlanta- Capital, $4,702,-
7*0, with 372 National banks, etc. Terri-
tory, Alabama, Georgia, Florida, all of
Tennessee east of the western boundary of
the counties of Stewart, Houston, Wayne,
Humphreys and Perry; all of Mississippi
south of the northern boundary of the
counties of Issaquena, Sharkey, Yazoo,
Kemper, Madison, Leake and Neshoba;
all the southeastern part of Louisiana east
of the western boundary of the counties of
Pointe Coupee, Iberville, Assumption and
IN THE CHICAGO DISTRICT.
District No. 7. Chicago—Capital, $13,151,-
0.r», with 084 National banks, etc. Territory,
Iowa, all of Wisconsin south of the north
eru boundary of the counties of Vernon,
Sauk, Columbia, Dodge, Washington and
Osaukee; all of the southern peninsula of
Michigan, viz: All of that, part east of
Lake Michigan; all Illinois north of a line
forming the southern boundary of the
counties of Hancock, Schuyler, Cass, San
gamon, Christian. Shelby, Cumberland and
Clark; all of Indiana north of a line form-
ing the southern boundary of the counties
of Vigo, Clay, Owen, Monroe, Brown, Bar-
tholomew, Jennings, Rlplev and Ohio.
District No. 8, St. Louis—Capital, $6,210.
323, with 434 National banks, etc. Terri-
tory, Arkansas, all of Missouri east of the
western boundary of the counties of Har-
rison, Davles, Caldwell, Ray, Lafayette.
Johnson, Ilenrv, St. Clair, Cedar. Dade,
Lawrence and Barry ; all of Illinois not in
eluded in District No. 7: all of Indiana not
in District No. 7; all of Tennessee not in
District No. d, and all of Mississippi not
in District No, G.
District No. !), Mineapolis—Capital, $4,
702,8tt4, with (>87 National banks, etc. Ter-
ritory, Montana, North Dakota, South Da-
kota, Minnesota, all Wisconsin and Michi-
gan not in District No. 7.
District No. 10. Kansas City—Capital,
$3,594,01d, with 835 National banks, etc.
Territory, Kansas, Nebraska, Colorado,
Wyoming, all Missouri not in District No.
S, all of Oklahoma north of a line forming
the southern boundary of the counties of
Kills, Dewey, Blaine, Canadian, Cleveland,
Pottawatomie. Seminole, Okfuskee, Mcin-
tosh, Muskogee and Sequoyah: all of New
Mexico north of a Hue forming the south-
en boundary of the counties of McKinley,
Sandoval, Sauta Fe, San Miguel and Uniqn.
DALLAS DISTRICT NO. II.
District No. 11, Dallas—Capital, $5.(134,•
091, with 726 National banks, etc. Terri-
tory, Texas, all New Mexico and Okla-
home not in district No. 10; all Louisiana
not in district No. 6. and the following
ccir.ties In Arizona: Pima. Graham,
Greenlee, Colieise and Santa Cruz.
District No. 12, San Francisco—Capi-
tal, $8,115,525 with 514 National banks,
ftc. Territory, California, Washington,
Oregon. Idaho, Nevada and Utah, and all
Arizona not in district No. 11.
The organization committee was not au
thorized by law to provide for branch
bai.ks of the Federal reserve banks, but
the act specifically states that such banks
shall 1)3 established. This task will be
left to the supervision of the Federal re-
serve board, yet to be appointed by Presi-
dent Wilson. The organization committee
announced all information it iias collect-
ed fha 11 be placed at the disposal of the
banks and the board when the establish-
ment of branch banks is considered.
In its announcement the committee
called attention to the fact that under
the requirements of the act It could not
fit.d grounds for the establishment of
more than one bank on the Pacific Coast,
but li^ld out the hope that In the near
future mother bank would be authorized
by Congress and located somewhere in
this great section.
TO GIVE NOTIFICATION.
The next btep to be taken by the or-
ganization committee will notification
to banks entering the system of the plans
for the districts. This notification will
follow the formal certification tomorrow
of the committee's action to the Comp- j
troller of the Currency. Within thirty |
daj s after such notice is received by banks
each, under the law, must begin the pay-
ment for its stock in the reserve hanK
in its district. Each bank must subscribe
by 0 per cent of its combined capital ano
surplus and the capitalization announced
for each district is based on this 6 per
The payment of subscriptions by hai. -s I
will be spread over manv months, but In '
the meantime President Wilson is expect-
ed to name members of the Federal Re-
serve Board. The President today said
that owing to the fact the process of or-
ganization will take some time no im-
mef iate announcement wlii be made. He
said an announcement may not be made
for at least a month longer.
In reaching its decision the committee
tonight pointed out it visited eighteen
cities, listened to arguments of repre-
sentatives from 200 cities and selected its
list fr.-»m amcng thirty-seven nhleh sought
reserve banks. Independent Investigations
\ < re conduced by the Treasury Depart
► ment an 1 the preference of every one of
the 7.475 National member banks to be
The committee took Into consideration
the following factors, according to itt
anrouficement: The ability of mcmhe*
banks within a district to furnish the
nceessary $4,000,000 capital stock for the
reserve bank; mercantile, Industrial and
financial connections iu each district and
Mictions between various portions and a
reserve city: the probable ability of a
Federal resorte bank to meet legitimate
('mauds of business, •'whether normal or
r.l normal "; the equitable division of avail-
able capital among all districts; the gen-
eral geographical situation of each dis-
trict. transportation lines aid facilities for
speedy communication in it; the popula-
tion. area and prevalent business activi-
ties of the district.
In a supplemental statement the com-
mittee gave the following statistics used
iu determining the rifles and districts?
No i. km in square miles, 66.105;
No. 2. area in square tniles. 49.170; popu-
No. 3. area in square mile*. 39.W; popu-
No. 4. area In square miles. 183,905;
■ONLY NEW ONES HER*"
You wouldn't believe there was such a
difference in clothes—unless you would
see the new styles and models we are
See our values at $20, $25, $30
Washer Bros. Co.
No. 5, area in square miles,
No. 6, area in square miles,
No. 7 area in square miles,
No. 8, area in square miles,
No. 0. area in square miles,
No. 10, area in square miles,
No. 11, area In square
No. 12 area in square miles, 693,659;
According to this statement, there will
be a(t least 7.54S banks of all sorts mem-
bers of the system with a total capital
and surplus of $1,831,(548,369.
SUBSCRIPTIONS TOTAL $100,898,902.
Their 6 per cent subscriptions would
amount to $109,808,902, according to the
The organization committee, Secretary
McAdoo. Secretary Houston and Comptrol-
ler of the Currency Williams have spent
most of their time for the last three
months on this work. Extraordinary pre-
cautions were taken to prevent knowledge
reaching outsiders and even members of
Congress were denied Information.
Although the progress of organizing the
new system will not be rapid. It Is the
Intention of the committee to act as
quickly as the law permits, that the re
serve banks may be set up for business
as soon as possible. A statement follow-
ing the last call to the banks, issued yes-
terday, showed the banks in - xeellent con-
dition to meet the demands shortly to
be made for subscriptions to reserve bant:
stock. The committee hopes that the
gradual transitions necessary under the
law will be made easily without disturb-
ance and without any curtailment of
The rivalry between many cities for
reserve banks was intense and the com-
mittee's decision prolmbly may be fol-
lowed by protests and attempts to
change the plan. Under the law the do
clslon is not subject to revision except
by the Federal Reserve Board, and It was
believed tonight that the board will con-
sider a long time before it will attempt
to make any changes.
Some of the cities in the race for banks
which were not selected were Baltimore,
Washington, Birmingham. New Orleans,
Cincinnati. Louisville, Omaha. St. Paul.
Denver, Houston (Tex.). Seattle. Portland
(Ore.) and Los Angeles.
DEBATERS MEET SATURDAY
Relieve All Nerve Pain
-A*k For A-K Tablets-
P. S. A-K. Salvo For Eczema
Many Schools Entered in Contests of
Austin District, University Inter-
Tlie Express Austin Bureau.
AUSTIN. Tex., April 2.—A large num-
ber of high school orators ami athletes
are expected by the university author!-
Original and Ganuina
Tha Food-drink for All Ages.
More healthful than Tea or Coffee.
Agrees with the weakest digestion.
Delicious, invigorating and nutritious.
Rich milk, malted grain, powder form.
K quick lunch prepared in a minute.
Take no substitute. Ask for HORLICK'S.
|^T Others are imitations.
— „ ,3
ties to attend the district contests In de-
bate, declamation, tennis and junior and
senior track events in the Austin dis-
trict of the University Interscholastic
League to be held here Saturday.
"Debating teams will be here from tha
following high schools, which won in
their respective county contests: Temple,
Cameron, Blanco, San Marcos, Austin,
Lock hart and Taylor.
In senior declamations representatives
will be here from Austin High. San Ga-
briel, Temple, Round Rock, Driftwood
and Lock hart. In junior declamation
there will be representative* from Helton, •
Cameron. Granger Lock hart Westover
School of San Marcos and Blanco.
Director Robinson has received seventy-
four entries for the track meet from
twelve schools, as follows: Temple High,
Reagan School and Central Grammar
School of Temple, Cameron. San Gabriel,
Granger, Pilot Knob, Austin High, San
Marcos, West Knd and East End School!
of San Marcos and Blanco.
Pile* Cured in 6 to 14 Days.
Druggists refund mono? if PA7<» OINTMEN1
falls to cure Itching, Blind, BWUing nr Prorrud*
lng ru*g. First application give* relief. 50c.
Co-workers Attend Loughery Funeral.
The Expre«* Austin Bureau.
AUSTIN. Tex., April 2—The Department
of Agrieulture was closed this afternoon
during the funeral of E. h. Loughery.
statistical clerk of the department, who
died suddenly Wednesday night. Mr.
Loughery had resided ia Austin twenty
veura and bad been connected with tin
L>epnrnnent of Agriculture several years*
The Guarantee—« 17 Alamo Plaza
San Antonio's Strongest
Banking Institution -
4 O. TRRRRM,, President
OTTO KOF.HLRR, CHARLES SCHREINER. JNO. J. STEVENS and B. O.
BARNES, Vice President*. ••
W. P. ROTE. Secretary.
Capital Paid in Cash One Million Dollars
Surplus and undivided profits over . . ,
Our business is inspected quarterly by the Bank Examiners' De-
partment of this State.
p A J / Per Cent Interest on Time Deposits,
ay fw Compounding Semi*Annually.
Vie are authorized by la* to act as TRUSTEE, GUARDIAN, EXE-
CUTOR, ADMIN'ISTRATOR or RECEIVER.
All Wills appointing this Company Trustee, Executor or Guardian
will, upon application to us, be drawn by our Attorneys with-
We keep constantly on hand Notes and Bonds veil secured by Real
Estate Mortgages and payable to us for loans we have made,
and we sell such Notes and Bonds and guarantee payment f'
principal and interest on a basis of six per cent interest to pur-
chaser. payable semi-annually. Write us for our free bookirt
describing Notes and Bonds now on hand.
Our Directors Are Known to You—The List Is as Follows:
•I. O. TERRELL
ALBERT STKt F.S Alt.
JEASE D. OITENHEIMER
R R. Rl tlftELL
JOHN T. WILSON
40»l> *. ATEVESB
M W. TERRELL
AT LEE B. AIRES
CHARLES AC HREINER
R «. BARNE«
JOHN W WAR REX
SAM C. BELL
DR. ADOLFH HERFF 8. «. BEIHTEL
Here’s what’s next.
This issue can be searched. Note: Results may vary based on the legibility of text within the document.
Tools / Downloads
Get a copy of this page or view the extracted text.
Citing and Sharing
Basic information for referencing this web page. We also provide extended guidance on usage rights, references, copying or embedding.
Reference the current page of this Newspaper.
San Antonio Express. (San Antonio, Tex.), Vol. 49, No. 93, Ed. 1 Friday, April 3, 1914, newspaper, April 3, 1914; San Antonio, Texas. (https://texashistory.unt.edu/ark:/67531/metapth432119/m1/3/: accessed April 9, 2020), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Abilene Library Consortium.