Omaha daily bee. (Omaha [Neb.]) 187?-1922, November 20, 1910, EDITORIAL, Page 6, Image 14

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    THE OMAIfA SUNDAY BEK: XOVEM HF.lt 'JO. 1010.
OMAHA NATIONAL'S NEW SITE
Opens for Business Tomorrow
Finest Rooms in th West.
in
VAULTS
REVEAL
l).e I-
in fuse ear Inform V en can lM
an rn;ry which hows that Augustus!
Kountjte then hnd h princely fortune oft
H'i. Mr. Millard in d senvered to have had
on dt"sit March 8. IsM. the sum of l.'.ivO. j
'I did nut know 1 Mfr hii l so m n'li
money, asserted Mr. Millard. when n :
n over the Item In the ledger of th !
HISTORY Montana bank, w l.lr-h ho an I H F Alien
ran for some years, one ran find a P-,
art ' c"ll dut ucr.iun. In November
of Iv'm the account stood 4,rf7. '
The Omaha National bunk came Into!
being In IMS. and i therefore non- forty- I
four years old Uxra Millard, brother of I
Joseph II. Millard, was the first president,
and the caNhlerfhlp assumed for the i
ft if-1 few months by Joseph N. Field, ,
; brother f Marshall Field. Mr. Field is
still anion: the livitm. Me makes IiIh home
In Manchester. Fngland. and he Is Mill the
i owner of the stock for w hich he ubst ribed ;
when the bunk wh organised. In Janu
ary, r, Joseph Millard became cashier In
It tie unite enWou of the ! Mr. Fields p'ace. lie became president In!
H"J and has been president continuously '
since.
Circulation
Deposits ...
;Ano
... 11. KV,. 1.(1
Mr of Ihe Carl Financial
Ins of Ihe ta Are hnn
fterord Heut In Indent
tafr.
'l i e liniiha National bunk, n lib li
pen for business tomorrow ninrntr
will
; in
its handsome new home, carr'cd thither
yesterday other treasures than gold and
silver and securit e of various miK, The
other treasures are ohl books und ledgers
of little Intrinsic value, hut of an historical
Interest o genuine that th" Nebraska Ills
torlcal society
bank.
Tin se books and ledgers are tlie records
of the fiiat NVhravna bank, the State
Dank of Nebraska, which waa founded In
territorial day, the date being IsjU. Also
the t iron ha National bank has custody of
the books of the old Central National
lank, anil still other dusty tomes contain
th accounti) of a bank established by
n. F. Allen and Joseph H. Mlllaid In Vir
ginia City. Mont., Mr. Millard beinu the
ncllve paitner.
Furthermore the otn&ha National has in
Its book vaulta In."1' worth of snip Issued
by the city of Omaha In territorial da s. ' William Wallace was the first bookkeeper
an Issua which It is sad to tehite was te- of the bank, Hiid the present first vie
t udiated, the action constituting the only i president can look over the earliest records
biot on the financial fame of this city, i of the bank and sen the entries made In
Hut a this happened before the civil war I his own handwriting, a chlrography whlrh
Omaha's credit w ill rot be Impaired by j jst us clear now as It was then, though
Other Original stockholders.
Other original stockholders were these:
Smitli S. Caldwell, who was the father of
Victor Caldwell, vice president of the
United States National; J. J. Brown, father
of liandall A. Hrown; A. J. Simpson. i)n
eritl Urenvlllo M. Dodi;o. James H. Hur'ow,
William Wallace and Charles M. Brown.
Another wan Oliver Ames of Boston, w lio
was the first president of the Union Pa
cific railroad The Ames estate Is Hill a
large stockholder In Ihe Omaha National.
recalling: to mind the rcnudlatinn. It was
not. by the way, the Oina.ia National whb h
w8 thus Imposed upon with oilier holders
Of the scrip, but the State bank, and the
crip Is part of t lie remains of this ohl
financial Institution.
Hank's t.roivtk Oi'itaatc.
The Hint. Hank of Nebraska Is related
In an historical way to the Omaha Na
tional bucaiiKS Joseph H. Millard und oth
ers in the brink which went out of b isi
licss long- afro. have been Identified with
the Omaha National. Hut the Omaha Na
tional li not an outgrowth of the Stat
bank, or of any other bank. It has never
absorbed any other fiduciary institution,
and It growth has been organic as well
a continuous- from the roots up. When
In i elation with this fact la considered
that the Omaha National is the largest In
Omaha In point of deposits, the. necessary
Inference la that the bunk hart been ably
managed all Its existence to have effected
thla large organic growth.
The State Hank of Nebraska was the
first Nebraska knew. B. F. Allen waa Its
president, and the name of Mr. Allen will
awaken many memories In western bunk
ing clicks. He went ustnasli ut the end In
Chicago, aad his magnificent residence in
lies Moines, la., passed Into the hands of
It. F, Hubhell. the richest man In the Hawk
eye atutc. Samuel Moffat, brother of
Oavld Moffat, was the first cashier of the
State hunk. David Moffat Is now presi
dent of the Hist National bank of Den
r, was the builder of the Moffat road
Hid Is una of the flirt flnaneluf namea in
Colorado.
At this time Jostph II. Millard conducted
a land business, with Ida desk In the
Htata bank, and he and David Moffat, a
teller In the bank, bunked together on a
6h.uktQo.wn. In the bank room"" when night
bad come. Since then Mr. Moffat hu
riaen us high us indicated and Mr.- Mil
lard besides becoming piesldent of the
Omaha National has been a senator of the
I'nltcd Hiatus.
looking ovtr.tha book of the 8tute hunk
this waa rorty-four years ago.
These old stock subscriptions ure part of
til historical deposit of which the Omuha
National la Justly proud. Another Item of
Interest Is the first note Issued by the
bunk. This records that Joseph ltedmun
borrowed of the bunk on ninety nay
time. This note. No. 1. was paid promptly
by the borrower, who Is one of Omaha's
most familiar and well liked figures.
t Iret 4uHr-rl Hepurl.
Th.! first (luarterly report of the Omaha
National Is still another record. This shows
rourcen as follows:
I.oana and discounts 4j,mji
'iovernment securities
Furniture anil fixture 'v;,
l-and warrants 241
F.xpense f 7;
haiililng house H.tt.S
Overdrafts j
Iue from bunks and bunkers
Cash Items l!t3u
Cash on hand 7o!712
Total
L abilities were:
Capital stock
Circulation
Due bunks and bankers...
Deposits
l'rotlt und loss
.IJ19.SW
.$ cO.Oiin
. tt.OU)
i"io4
. 120.115
4. 241
Total tUSVt.O!
Peimslis hae lncrcad the trlfiing sum
of no or.-...
The Present Offlrr.
Heide Joseph H. Millard and Wl'llam
Wallace, Whose conncct on with the hank
have been from Ita 'ncei'tlon. the other
officer Include another vice president, W".
II. Huci ohi. Mr. Huclioll has been with
the Omaha National five year. He cann
rr to be cashier from Norfolk, where he
was president of tha Norfolk National, and
previous to that he a vice breWdfnt of
th Central bank of Oakland, Cal. He
hecamo . president of the Omaha Na
tional on January 1 this year. That the
Omaha .National Is now Installed In th
handsomoat banking room west of Chic to
ia In part, ut leas', due to him. for the
act vt' work on the part of tho bunk In
this connection ha fallen on hi shoulders.
Ward M. llurgesa, another vice president.
U vice praaidrnt of M. K. Smith i Co. and
Ills snviita to the bunk are chiefly as a
very tciiva One. lor.
The cashkr, J. DeFonat Ulchard. was
unt'l comparatively recent time preident
of tho Wat National buiiU of Douglas,
Vo. Th three aasietant cashier are
Fiaii's Hoyd. B. A. Wilcox and Kirtt Mil
lard. These thrt-e have grown up with the
bank. Th las', named ia the aon of its
fnt president aad thu nephuw of tt secoml
President.
Th directors of the banU. beaidaa the
president, vice president tind cahler. are
the well known Omaha capitalists and
business mn: K. T Barton. J. K. P.aum,
Charle II. Hrown. Isaac W. Carpenter.
B. A. CuUahy, I.oula C. Naali andArthur
C. Smith.
More OI4 Heord.
Besides the old bank records told of th
Omaha National also haa th book of
the Central National bank, which w
' organised In on off-hoot of First National
j atock'holders. the president being John
j McCormlck und the cashier J. M. Watson.
! W. A. Paxton was also In'erested In this
I hank. It dlssolvd and went out of bus!-
! neea after a few years of life.
The repudiated scrip of the city of Omaha j
bear the signatures of Mayor Jesso Lot .
and Hecorder II. J. C Anderson. Of this
lloOWo was Issued by Omuha In 1&7 to
build the old territorial oupitol, und the
I Herndon house, now the old Vnlon Pacific
I headquarters, was financed by thin Issue,
i These old records have been stored In the
original safe of the State bunk, also u
telle tn itself. Thin little safe was deemed
a fairly considerable affaJr in Ita day and
It seema pitifully amall now compared to
the great modern time locked ateel walled
vault of the Omaha National In the new
quarters.
Cornhuskers' Club at University of Michigan
i. ,1,., IMs'ier Omaha: l.ouis
Omaha. Carl tjoehrltig. Oianl Island I. I
tlrss Albion: Doalie Krllev, nuuilia. Il.irix
Koikofsk. On-aha; W. Mrl '"n.ilil. o-ns a
Arthur )lm.it. tinnhi: Mt Meirt
II I IHIV It. .lt 17.. lOCHM'l. IMi
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rsiMHiiv: . ik. n 1. ..mo..-
vttle omuha: 15. .1 Rosen I'evi:. iii.it-
it i . ..-..I... I'. If, 1 i'n'mei Senl
Fait bury ; rf Stmai-nsr omnia ink
Webster. Omaha:.!. K Wootlwoith imi,.m.
It. U. .imnierm.in. AlMon.
Pointed I'sragrsphi.
Tlie rac" for wealth ends at l.ie . 1 -i -tct
y.
Oct aslo ially a man breaks I iom' ao I
gets tltiht.
Main 11 h t time b en st.irte.l I t
a edd b.-ttle.
Some people try to substitute a plcs
ant imillc f.r honesty.
Work Is nbout the best rest 1 mo thu'
has : et been dUcovered.
It's nbout lime to count up the Cnnc
yo.i Iicve to be thanl'ful T -r.
Make n noise like remlv motie iv .1
your friends will nl forsake 011
1 cslnil st s are perins who eoul'lii 1
find happiness with a finn-tooth fundi
Man'- a brave man never nets a eii.-i'ite
to pun It. bkM Is lust as well satisfied
It's the natural hracty of a widow
that mi'lteii her want to take another
ChSTiC.
Something should be done to pre.-iit
hens from lnlne so ninny eold-stoi aae
eggs.
Nlure Pi-' I'le would taUe t'lances it'tliev
could f.il t.trtn ha ,i in ills- thev rtldn I
turn s.'- 1 ' ' 'hiciiKO News.
1 t
r
NB RKASKA STLDF.NT3 AT SCHOOU AT ANN ARBOlt.
Total UIU.SH)
Now contrast thla with tho statement
made to the comptroller of the currency
on November 10, WIO. These figure are us
follows:
HESOI.'KCKK
I.oatiH and discounts b,ati2,77j
Overdrafts 8.rttl
I'nlted States bonds, for circulation TsO.W.ff
Stocks und bonds a7,01tl
Vault, furniture and fixtures IUOO11O
I'nlted States bonds for
deposits 418,237
Due from hanks and ap
proved reserve agent... 2 i15.4oo
Cash on hand 1.515.060
Due from I'nlted States
treasurer 34.600 4,8S5.3'8
Total $13,389,038
LIABIUTIKS.
Capital 1 $ 1,000,000
Surplus fund 200,000
Undivided profits 8S3,608
Bachelor' Kefleetlon.
The funniest Joke sounds flat when a
nan you hate tella It.
The man of the houa has to have the
bulhroom flrat, even if he's going to use
it lust.
Women have a keen Intuition about
most everything; except the kind of man
to marry.
A little money tries to aing high; big
money low, for fear somebody will try
to borrow It.
Babies deserve a lot of credit for re
fusing to kiss rich relativea I ha rest of
the family don't dare not to.
A woman can be proud of her curly
hair even when it's all wig.
Kiss a girl one to get her angry and
than again to get her over It.
lotu of men act aa If breakfast with
the family wa the tall end of the night
mare thev had.
A man thinks he's a devil of a fellow
If he knows, from reading It in the news
papers, an actress' favorite flower. New
York Press.
To th average Omahan a tiny piece of
gold modeled Into tho semblance of an cur
of corn and bearing upon Its face the let
ter "M" with a "C" on either side of It
would convey but llttlo meaning. The aame
symbol, however, when worn upon the coat
lapel of soinu thirty of the young Omahans
and other Nebraskans who are enrolled In
the University of Michigan mean to him
who see It, that Its wearer Is a member
of the Cornhusker club, one of the llvest
of the many clubs and societies which
flourish In the Wolverlna institution.
The idea of a club among the Nebraska
student of the university is by no means
a new on, but Ilk other Ideas of the sort
It waa agitated for years before it became
a reality. Students of the older duys
dreamed of a closer bond among Nebraska
men which would result In great good, both
to their native state and to their adopted
university, but there dreams had their f'rst
tangible result only last year, when a meet
ing was held and the Cornhusker club was
born.
The organization has a dual mission. It
wa the hop of thoaa who founded it
that, above every other result. It might
bring tho Nebraska men who hud journeyed
so far in guest of an education to become
better aug,ua!ntd with each other. Then
men remtmbered their own first homesick
days, when even th sight of one from
home u halm to a suffering heart, und
thty foresaw that smokers and soe, al meet
ing where Nebraska nien might nil) el
bows would serve to do way with much
of this lonesome feeling attendant upon
starting life in so large a school. It was
also felt that meeting together throughout
the year would bring the men into clover
relationship and bring them a part of the
advantage of acquaintance in Nebraska
which they hud largely loat by seeking edu
cation In a school other than their own
state university.
Th good of the university was by no
means In the background In tho mind of
tlie club's founder, und its second object
wus to boost the I'nlvers ty of Michigan In
Nebraska and to attempt to turn the faces
of more younR NcbrHskuns Ann Arhor
ward. How well this purpose has been
accomplished is witnessed by the fact that
the enrollment from Nebraska for th" pres
ent year has Increased about 30 per cent
over that of last your and by the other
slgnif.cnnt fact thut, next to the University
of Nebraska Itself, tho maize and blue
school draws the largest number of
tudenl from Omaha.
Mar Have ehmsVn Club Hon.
The club was launched so lat last year
thut it was Impossible to secure a suitable
olubhouse for tho present vear, but al
ready committees are hard at work on
plans for another year, and It Is distinctly
within the bounds of probability that when
the school year 1911-12 opens it will find a
goodly number of th Nebraska contingent
living In a house of their own. with par
lors, dining hall, smoking rooms and all
the comforts of home life. At present the
Keystone club, composed of PennsTtvanla
students, und the New York club are the
only state clubs so situated, and the suc
cess which these boys of other states have
met In their undertakings has led the pro
moters of the Cornhusker clubhouse pro
ject to expect big things.
The constitution of the club provides that
any male student, of the university is cli
giblo to active membership und the full
privileges of the club. At present over
thirty of the forty-odd NebruskuiiH in the
university are members, and each meeting,
of which three have been held already this
full, brings forth a bevy of new Cornhusk
ers who have been drugged from their hid
ing places and who aro taken Into the club
membership. Lost year the absence of fair
Nebraskans from the university was not
able, but the arrival of two "co-eds" this
fall has raised a new problem for the busy
club, and It is now a matter of consider
able discussion as to whether tho club,
hitherto exclusively masculine, will admit
these "co-eds" to Its membership.
Any person with Nebraska affiliation
who has the purposes of the dub at bean
is eligible for honorary membership. Kariy
this year the entire Nebraska membership
of tho Missouri Valley Alumni association
i of the university bus brum taken Into hon-
orury membership, and these men huve slg-
Ml fled their pleasure at the action of th
j club by expressing their deslr to help In
1 every possible way Its advancement.
The club has found considerable favor
with tho university faculty, who, realizing
the worthiness of Its objects, have been
i ready to help It In every way. Tho most
f nthusHstlc members of the club are sev
1 eral of the university professors who have
j been Nebraskans.
1 Among the faculty men who have lent
their support to the club are Victor It.
Mcl.ucaa, who has only this year given up
his law practice in Omaha to accept an
asslntant professorship in the law depart
ment;' Dean T. Smith, professor of surgery
In the Homeopathic college and formerly
conected with the University of Nebraska;
Arthur S. Pearse, instructor In itoology,
formerly of Omaha High school, and Wal
ter li. Plllsbury, director of the pshycho
logical laboratory.
John W. Chapman of Kearney Is the
club's president, C. J. Abbott of Hyanms
is vice president, Max Merrell of Falrbury
is treasurer and W. L. Campbell of Belden
Is treasurer.
The list of members and it includes the
names of many of the men who aro doing
most for the success of the various activi
ties which go to make up the life of the
gieut university follows:
C. J. Abbott, Hyannls; Q. H. Barnes,
Omaha; Imvld Brodkev, Omaha: Carl Bum
stead, Lincoln ; S. C Buresli. Omaha; V.
I. Campbell, Bidden; J. v. Chapman.
m YOU DHIE1K?
TI10 IMiu'kitout Tliirc-!a.v Cure 1 tln"
Trrattiirnf Without Had Alter Kf.
f--ts t'osts Xotlilng in Coin
pai istin. to OtUoi's Satis
faction or No Vny.
I know thnt It la practically uncles foi
me to tell men I can cure their uppetiu
and craving for Ihiuor In three davs - use
less because the average drinking mat.
! does not w ish to be cured. I, "'hoi has so
I weak":.! the "!! of most dr'okera that
tiny do not realize the dunser thev are
I In. But. I caii talk .o :he wives, innth
lets, fathers, relative., rrleu.'s ami employ-
dm?
'4ai .'l....
... V A
Kearney; K. M. Oros.sinun, Omaha; C. S.
Clark, Falrbury; K. K. Dugdale, Shelton;
crs of men who are wasting their llvs
and lmpovrlsh Ing themselves and fami
lies through drink.
1 Invite everyone Interested In th curs
of a drunkard to call upon or write to m
that I may give them full particulars or
the Blackstone Cure, which Is th latest
and most improved treatment for alcohol
ism, curing any case In three day.
It la not now necessary to confine your
patient in an Institution and pay an enor
mous fee for treatment. The Blackstone
Cur Is a slmpl. safe, non-poisonous
treatment to b taken In the privacy of
the home and costs about ONE-TKNTH
as much as institute treatment. It 1
the most reliable and positive treatment
known, and is sold by tho Blackstone
company under un Iron-clad contract to
cure In any cane or the small tee paid will
b immediately refunded. Arthur U. Mor
gan, manuK!' Black-stone Company, 307 to
Sll Brandeis Theater Bldg., Omaha, Neb.
Take elevator to third flour.
it
i
I
I
The Officers and Directors of
THE OMAHA NATIONAL BANK
announce the opening of their new banking rooms
in the Omaha National Bank Building,
Seventeenth and Farnam Streets,
on Monday, the twenty -first of November,
nineteen hundred and ten,
and cordially invite you to inspect their new quarters
on and after Wednesday, November tiventy -third.
1TC m i it- 1 1
3 Wlr" m 'VS
1 WnHVy