The commoner. (Lincoln, Neb.) 1901-1923, September 01, 1913, Page 20, Image 20

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The Commoner
VOL. 13, NO. 29
20
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Secretary McAdoo's Apportionment of
Crop-Movement Funds
Tho following la an Associated
Prose dispatch from Washington,
under date of August 20: Secretary
McAdoo announced tho apportion
ment as far as it had boon completed
for the $50,00C,000 to be deposited
by tho government in national banks
of tho west and south to facilitate
tho movement and marketing of
crops. The total amount allotted to
dato is $4 0,500,000, of which $24,
700,000 goes to banks in the four
teen western states, and $21,800,000
to tho thirteen southern states and
tho District of Columbia. Tho
southern banks have asked that
their share of tho funds be deposited
in August and September, and those
in the west want the money appor
tioned to them during September,
October and November. The money
will be allowed to remain on de
posit for an average of four or live
months.
All of it is to be returned not
lator than next April, and tho south
ern bankers, who got their money
first, in December will begin to turn
It back into the treasury in mqnthly
installments.
Tho Secretary's Announcement
In a statement announcing the
apportionment Secretary McAdoo
said:
"Tho funds are deposited in the
banks in tho west and south at this
time because it is bolieved that there
is a special demand for the money
to assist in marketing the crops
which are now being harvested in
these particular sections, but if in
tho east and elsewhere it should be
'shown that there is need for tho
temporary use of funds for similar
.legitimate purposes, tho government
will be quite as ready to extend
similar aid."
Many factors wore taken into con
sideration in arriving at tho appor
tionment of deposits in the west
. and south.
.' "Among these," the secretary said,
"were the immediate needs of tho
Jlocalities as reported by the com-
,..niittees of the clearing houses in the
conferenco held with, them in Wash
ington, the capital of the different
national banks and the character of
business transacted by them: tho
amount of money which these banks
'are at the present time advancing to
their country bank correspondents
and tho additional accommodations
which they oxpect to extend to these
correspondents, their present con
dition, as shown by the last comp
troller's call, their outstanding cir
culation and the amount of redis
count they may havo made in their
efforts to meet these legitimate de
mands upon them of customers and
correspondents."
A Treasury Representative
In each depositary city tho gov-
- eminent has chosen a special repre
sentative who will servo in conjunc
tion with a clearing house committee
of five to pass on all commercial
paper recommended as security for
Denver,
Los An-
deposition, and all paper before ac
cepted must be unanimously recom
mended by this committee.
List of Allotments
Following are the amounts al
lotted to each of the western states,
the cities designated as depositaries
and a partial list of the govern
ment's representatives:
Colorado, $1,000,000;
Richard H. Malone.
California, $3,000,000;
gcles and San Francisco.
Illinois $4,000,000; Chicago, J.
V. Farwoll.
Indiana, $1,050,000; Evansville,
.T. W. Boehno; Fort Wayne, William
P. Breon; Indianapolis, William L.
Elder.
Iowa, $1,000,000; Des Moines,
Sioux City, Martin J. Wade.
Kansas, $550,000; Kansas City
and Wichita.
Minnesota, $2,000,000; Minne
apolis, P. M. Korst, St. Paul, A. M.
Peabody, and Duluth.
Missouri, $5,000,000; Kansas City
and St. Louis, E. C. Simmons.
Nebraska, $1,300,000; Omaha
and Lincoln, A. S. Tibbetts.
Oklahoma, $750,000; Muskogee,
Francis B. Fite, and Oklahoma City,
Hubert L. Rolen.
Ohio, $2,100,000; Cincinnati,
Franklin Alter; Cleveland, E. H.
Baker, and Columbus, Butler Shel
don. Oregon, $800,000; Portland,
Honry Teal.
Washington, $1,150,000; Seattle,
Spokane, Daniel M. Drumheller.
Wisconsin, $1,000,000; Milwaukee.
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GIVING HIM ANOTHER BITTER PILIi
(Referring to the reduction in express rates and the extension of the parcel
post.) From the News-Tribune (Duluth, Minn.)
In the southern states the money
goes as follows:
Alabama, $1,500,000, Birming
ham, E. M. Tutwiller, Mobile, Albert
Bush, Montgomery, W. A. Gayle.
Arkansas, $600,000, Little Rock,
W. M. Kavanaugh.
Florida, $1,500,000, Jacksonville;
Pensacola, H. B. McNeill, Tampa.
Georgia, $1,700,000, Atlanta, W.
K. Orr, Savannah, J. Randolph
Anderson, Augusta, William H. Bar
rett, Macon, William H. Felton, jr.
Kentucky, $1,650,000, Lexington,
J. E. Cassidy, Louisville.
Louisiana, $2,600,000, New Or
leans, W. T. Hardie, Shreveport.
Maryland, $2,800,000, Baltimore,
William C. Page.
Mississippi, $600,000, Jackson, W.
Q. Cole, Meridian, J. H. Wright,
Vicksburg, P. M. Harding.
North Carolina, $1,300,000, Char
lotte, E. R. Preston; Greensboro, R.
R. King, Wilmington, Hugh McRae,
Raleigh, Charles E. Johnson.
South Carolina, $1,500,000,
Charleston, Major Henry Schachte;
Columbia, William H. Lyles, Green
ville, Henry W. Briggs, Spartans
burg, Augustus W. Smith.
Tennessee, $1,950,000, Chatta
nooga, W. F. Kalb, Knoxvillo,
Samuel P. Read, Nashville, Joseph
H. Thompson.
Texas, $2,500,000; Dallas, Alex
ander Sanger; Fort Worth, Houston,
Galveston, I. H. Kempner, San An
tonio. Virginia, $1,450,000, Lynchburg,
Samuel B. Luttrell, Memphis,
A. S. White, Norfolk, Walter H. Tay
lor, Richmond, E. L. Bemis, Roa
noke. District of Columbia, $500,000,
Washington, J. Selwyn Taft.
Roosevelt's Ultimatum to the Republican
Party
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SS Yean
The following Ib taken from the
Chicago Record-Herald of August
26th: "Theodore Roosevelt told 200
Chicago progressives yesterday that
he will sanction no amalgamation
with the republicans which involves
a compromise.
"The former president stonned in
Chicago on his return from the
southwest long enough to speak at
a luncheon at the Chicago Progres
sive Club.
" 'I see there has been a good
deal of talk about getting together,'
said Colonel Roosevelt. 'This is the
first opportunity I have had to
answer these reports.
Other people can get together
with us by adopting all of our prin
ciples; not part of them, but all.
The progressive party not only
stands for a principle, but for a
reality, and above everything else,
abhors hypocrisy. When we said the
people should rule, we meant it. The
people- must have tho right to enact
social justice legislation if they want
it, no' matter what the executive,
judiciary or legislatures say.'
Talks on Suffrage
"Before making his address
Colonel Roosevelt had tnlirori hv,
Mrs. Grace Wilbur Trout and other
suffrage leaders. In his speech the
colonel touched on suffrage.
" 'I do not believe that ever before
in the history of the country has a
big party accomplished what the pro
gressive party already has accomp
lished,' he said. "There would be
no woman suffrage in Illinois if it
were not for tho action of the nro
gressivo party last year.
" 'It has been demonstrated that
a woman can bo n mon.o
voter. There are tomfool men who
let politics interfere with their busi
ness affairs, and there will be femi
nine tomfools who will let politics
interfere with their work in tho
home. The average woman will not
permit the franchise to destroy their
womanliness.'
Talks About Recall
"Colonel Roosevelt discussed the
recall of judges.
" 'Some people have said I havo
attacked the judges,' he continued.
'It is an absolute falsehood. I never
in my life used as severe language
criticising the judiciary as Abraham
Lincoln in his reference to the Dred
Scott decision. I have great rover
ence for the judges, but I do not be
lieve in their divine right any more
than in tho divine right of a legis
lator or king.
" 'I think the people have tho right
to exercise the power given to au
executive If he does not exercise that
power the way we think best. I
believe the people have the right to
recall them and also to get laws by
the initiative and referendum if thoy
have to.
" 'We intend to do injustice to no
man. On the contrary, sooner or
later, the business men who showed
such anxiety about us last year will
realize we aro the only party that
has a rational business policy. 0
believe in the policy of supervision
and control that will make the busi
ness man earn his profit by serving,
not by swindling. We do not be
lieve in the policy of strangling or
pretended strangling of business.
The principles of the Progressive
platform are not new. The app na
tion is. Our platform represents a
reality; nothing more than the iae
termination to apply in S00?.fa' "
the principles of Abraham Lincoiu
to the present day.' "
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