The Peoples Voice (Norman, Okla.), Vol. 14, No. 29, Ed. 1 Friday, January 26, 1906 Page: 1 of 8
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'
I he Peoples Voice
VOLUME 14.
NORMAN OKLAHOMA. FRIDAY, JANUARY 26, 1906
WHAT Tfif *t*NKS ~cmr.o PUN DOWN
WANT FOR THEMSELVES. BY FREIGHT TRAIN.
NUMBER 29
v
The following' is from an editorial
in the December number of Tom
Watson s Magazine, commenting on
the demands made by the convention
of bankers recently held in Washing-
ton City.
First of ali, they modestly suggest
that the greenbacks be retired.
Only !?.'i.'J<),0()0,000of the national pa-
per money survived the fires of con-
traction, but even thissmall sum in-
terferes with the bankers. They
mean to have a roonoply of supply-
ing the country with paper money;
therefore the Greenbacks are in the
they've got. but they want it doubled,
or trebled!
But that was not all.
1 hey want the privilege of issuing
paper money, not secured by United
States bonds; and they want the ex-
istence of these unsecured notes to
be kept a secret between the bankers
and the Government; and they want
these unsecured notes to be engrav-
ed so that they shah be so nearly
identical with the secured notes that
the public will not be able to tell the
one kind from the other!
When I read this amazing proposi-
way If these non-interest bearing tln
notes were burn. d. their place would ! ° ' 7 belleve w* own
be taken by $.116,000,000 interest-bear- 1 ou't th„ of,f„
Ing notes of the bankers Legal in-1 d ^ stat^me"t ls ot tact,
ten rt, say 7 per cent, upon that sum I ha9 bee" brewin^ for
of money wonld foot up nicelv in the ' m. rr ' r ,. .
annual balance sheets of the banks. of J™ SeCretary
Yet, by all means retire the green ?L , T 7LT ' f'rSt l°
backs so that the common people will j ® °Ut °f the bag"
lose and the bankers gain the twenty ! tbe course a speech at Cleve-
and odd millions of annual interest I land' 0,' SePlember 28, 1905, Mr.
which we do not no* have to pay for I Sbaw advocated the proposition that
the National Banks should be allowed
j to expand their note circulation
, . , , . whenever the "emergency" arose
^modesty of the bankers goes j and that this increase of bank money
should not rest upon any security at
the use of that sum of $.'>46,000,000.
But that is not all.
further.
' hey demand that the gold reserve
be increased to $150,000,000.
John Sherman was content with a
gold reserve of $100,000,000. There
was no law or necessity for a gold re-
serve at all.
One hundred million dollars, held as
a reserve, is just that much money
that is Kept from doing what money
ought to do. A circulating medium
should be allowed to circulate. Dol-
lars ought to be kept doing that
which dollars were made for.
noney hoarded in the Treasury and
kept out of circulation becomes a
miser s hoard which does nobody any
good.
To the extent that money is thus
held in idleness the currency is con"
traded. 11 ought to be at work. In
all the market?, in all the fields of la-
bor and production,.it shonld be act
ive, doing its natural duty.
hy do the bankers want a larger
amount of actual money retired from
business?
Because the demand for money will
be thereby increased and the com.
mercia! value of their token money
enhanced.
But that is not all.
The modest bankers demand that
the la«s be so changed that Uncle
Sam f h a 11 Keep only $50,000,000 of his
money in his own cash-box, hereafter.
What must Uncle Sam do with a' 1
the balance? He must band it over
to his favorite sons, the bankers!
Ob, what maidenly modesty is thi
all.
Mr. Shaw pointed out that the
"emergency" notes could be made to
look like the bond-secured notes, so
that the public would not know the
difference! Said Secretary Shaw:
The Controller ot the Currency
Little Girl Loses Eight Foot Near Edmond
Tuesday Morning
With her right foot caught in a
switch track and frightened almost
into insensibility by the approach of
a long, heavy freight train, the ten-
vear-old daughter Henry W. Oberhel-
man, a farmer, was run down near
Edmond this morning. The child's
foot was cut olf above the instep.
The accident was witnessed by a sis-
ter and brother of tender years who
did all within their power to Hag the
train with their handkerchiefs, but
who hud not the presence of mind to
untie the s'joeof their unfortunate
sister. The train was stopped a short
distance from where the accideut oc-
curred, the little girl placed ab ard
and taken to Edmond, where Dr.
Crutcber bandaged the foot and
stopped the How of blood. She was
then taken to Oklahoma City in an
almost exhausted condition from the
loss of blood and conveyed at once to
St. Anthony's hospital, where Dr.
West was summoned to attend her.
According to the statement of the
little brother, the trio were en route
to school some two miles south of Ed-
mond, and in crossing the railroad
his sister got her foot fastened in a
switch and was powerless to extric ite
it. The approach of the train around
a curve caused confusion and so ter-
rorized them that they lost presence
of mind and could do nothing except
to stand there and wave their hand-
kerchiefs.
C. L. Savage, engineer of the train,
* - 1906 *
Oklahoma Farm Mortgage Company,
-W-AN..T? .T0 ^OAN YOU MONEY
ON YOUR FARM ALLTEART"
loans made to your interest
fidelity building.
NEW SWITCHBOARD
CROMWELL HAS
BEEN NAMED
Normau is to Have Telephone Improve
ments by Marcb 1st J
\V. H. flayer, of the Norman Tele j ^le ^an From Enid was Appointed Attoi
phone Exchange, left last Saturday General by Governor Frautz.
for Chicago where he will accept the (^- Cromwell of Enid was ap
new switch board which is being Pointed attorney general of Okla
made for the exchange here. The I taonia last Monday, by Gov Frant .
board is the latest model mangneto to succeed P. T. Simons, resigned
connection and is to be on exhibition ' wi" move to Guthrie and assume
at the exhibit of applica1 s at the ''le duties of his office April 1.
meeting of the telephone men of the Judge Cromwell I* well known ,
country, which take place in Chicago Western Oklahoma In 190} he w;-
this week from there the board will elected on a fusion ticket of Demo
be shipped directly here and by the crrtls and Populists of Gai field coun
first of March it is thought that the as county attorney and served hw
new board and the new phones will Ilenn with ere.lit to himself and to
nil urnrl/in<r 'Pi,.. .. ... i . ... I I 11 ^ .ti. . r . .
all be working. The new board will
have a capacity of tive hundred, but
tisfactlon of his constituents,
impalgn of 1003 the judge
J - UUt! A.'U.I me judge
tor a while lifty of these will have ! deuced a change of heart an I
14jcihiC111 j, Luuucoiy is mis. —~ v * j
Remember, please, remember that' !or t',° notes resl 0,1 n° security
.. . i .• > .. V PB* thp inn„ .. .
-f
Uncle .Sam's net ievenues amount to
the n ge sum of $600,009,000 per year.
Remember that the bankers already
have the free use of more than $50.
000,1)00 of this
But that isn t enough. "To pre-
vent he absorption of money by the
tre tur> it is demanded by the bank-
ers that the receipts from the tar IT
dutie-and the internal revenue be
turtie l Oyer to them whenever the
su> plus exceeds $50,0110,000
A molester lot of men than these
have not assembled themselves to-
gether in a .convention in many n !
long day.
But that was not all
The pre ent law allows the bankers
to expand or contract the currency at
their p easure, but limits the amount
of contraction for any one month, to
$3,000,000
The banker.- demand that the limit
be removed
and the bank issuing the currency made the following statement.
^ Consider^ hi"0™ ^ exl8tcnce- "My train was movingslowly around
Consider this a moment. the curve and I saw the three children
The common people accept bank- on the track. I thought nothin-r in
otes a0 money because the notes are ' particular about this, because on^nu-
based upon Government bonds Their merous occasions I have seen children
mente'VU%Tnteed the track in that vicinity waving
ment. Mr. Shaw and the bankers their handkeichiefs and hands, after
now propose that the bankers shall ^hich they would run away. I noticed
issue other notes whenever "the em-j that one of the children wa . astride
ergency arises, and that these new | the rail, and as t drew nearer I saw-
notes shall be engraved by the gov the boy and eldest girl wavin, their
ernment in such a manner that the|handkerchiefs. I immediately ap-
s; "le to t "• r •* *««• ■« -«
'llie^ existence oV.ie.e ^
notes is to be a secret, knoa- only to [)r. West found it necessary to am-
the com,o 'er and the bank! j putate the foot al)0ve tfae am
1 he public will not know that a trap serious results are now anticipated
has been set and baited. Times-Journal.
1 he public will not know that coun-;
terfeit money is afloat. n ni u • m
The public would never suspect r 6eorg« °^ll lu Again
that the government was in collusion 1, Gco,*e0de11 of Lexington Is in trou
with the bankers to put bogus paper e a?d,n- It 9ee,ns that George and
in circulation Therefore the public I ,'S pm"er trled t0 hold u.' two ff"n
would eagerly accept the boirus 11 between Lexington nd . :hlck
asha the first of the week. One of the
men ran away vvhiie the other stood
his ground and put uf>a real stiff light,
jerking a gun out of George's hand
and beating a lively tat-too on the
young desperado's head with it and
| so escaping from the would bes Later
were
notes, not suspecting that they
bogus.
A crash comes! The bank shuts its
doors. The bogus notes are outstand-
ing. The holders lose eyery dollar,
to be used for the lon^ distance
work, as the board for that will not
be here for ninety days at least.
Tbieves and Plunder Captured-
Five negroes, members a gang
that has been committli g robberies
throughout the Southwe-t. were ar-
rested by Sheriff Murphy a i i his dep-
uties and lodged in ii; ■ (, :thrie.
The plunder, consisting of th trunks
and eleven boxes filled with valuables
amounting to several thousand dol-
lads, were also secured. The articles
had been stored in a warehouse at
Guthrie by the tbieves. and were ap-
parently stolen from train-, stores
and residences. Some of the good-
hax£ been identified. The prisoners
are Clarence Alexander an I wife and
Gus Smith and wife, arrested in Fort
Smith, and Press Jackson in Okla-
homa Cit_\.
Dr. Abel* Sells Out.
1 Dr. W. N. T. Abel has sold out his
Urif p-*c'tlce in this city to Drs.
Stock*c;i and Gbering of Portland,
i Maine Dr Abel has been in busi>
j ness here for the last five year-, and
j has a very lucrative p actice built
I up Drs. Stockwell and Gehring have
I been looking arou id for an opening
in the southwest and will take charge
here this week.
i uiuped the Territory in the inter
• of Del eg a e McGuire, since which
ti me he has been an ardent supporter
of McGuire, and is now considered a
leading lighten Republican councils,
He is a courteous gentleman, a pro
found student, ana <s recognized by
those who know him well as one of the
best lawyers on the west side.— Guth
t ie Leader.
Jealous Woman Kills Rival
Belle Phi lips shot and killed Ray
Guymon last Tuesdiy at Snyder, Ok.
The women quarreled over a mutual
lov. r, airtl the Phillips wmnan drew a
revolver which she had concealed in
side her waist and shot three time-,
one bullet entering the Guymon
woman's shoulder and the second
passed through her victim's heart.
By tne time the last shot was lired
hand weakened so that it dropped,
and she shot herself iu the foot.
HALL TOO SMALL
FOR THE CROWD
the innocent holders are ruin-
Ye
ed.
But what of the Government?
Its attitude has been that of a con-
federate in crime It his kept a
guilty secret, and thereby enabled
the banker to rob his customers, the
unsuspecting public.
I wonder what Theodore Roosevelt
j thinks of this rascally scheme of his
I man Shaw?
j A more deliberately villianous plot
against th« public has never been
j concojted, even In this land
j "public be damned."
Y^a, verily, that convention of the
bankers was an object lesson in mod-
Iest>.
But why, why, why do they propose
that Uncle Sam be allowed to keep
pf.iO,000,000 of his own money?
Why don't the modest bankers de-
! niHtid all of it?
; A couple of pennies, to weight
i down his eyelids when the timecome
all that he wants; give the i approached liirn
$">0,000, along
Let the tail go
They demand the privilege of con ,
trading six or ten million per month, wi" be
The power to expand and contract j ",lK'est bankers the
the currency is a tremendous adran ! v'ith tlle ljalanc
tage over the markets which no class j wlth tbe h'Je'
ot men should hold. It is a power'
that should belong to the government ! Gilstrap Re-appointed Postmaster.
whose sovereign duty it is to [*ovide j Editor H. B. Gilstrap of the Chan-
ami control the circulating medium idler News was made glad this week
The government should never have by his re-appointment as postmaster
Part£d with thU attribute of sover- at Chandler Harry has been the re
elguty. But the modest bankers not cipient of many congratulations on
j onl\ mean to keep the advantage his again capturing the prize
Odell was caught at Shawn e and ta
ken bick to Lexington by Deputy Sher-
j ill Boh Wynne It will be remembered
I that Odell and Simmons were the fel-
lows «ho stole a horse from Senator
Duffy of Lexington, and that Odell
turned state - evidence and his "pal"
received a heavy sentence.
Former Banker Arrested-
The Farmers' bank at Dale, a small
station nine miles west of Shawnee,
was robbed of $2500 Sunday morning
of the ' by four men, who escaped. Three
charges of dynamite were used and
the bank, bank building and another
adjiii ing nearly wrecked, a safe door
being blown clear through both of
them. 11 ood on the fixtures and near
a house it Dale led to the arrest of J.
A. McDarland, formerly a merchant
and atone time vice president of the
oank. He was arrested on a train at
Choctaw Junction, and threw some-
thing out of the window as the sheriff
Immune
"Oklahoma and Indian Ter. toryare
being flooded with spurious $!. *"> and
$10 bills, and 50-cent and $1
says the Weleetka American.
notice is given in order that people
who handle'any money may I
lookout We're immune.'
coins,
Thi:
Gone to Forth Worth
Prof. I). C. Hall, director of athle-
tics of the University, intends to
leave for Fort Worth, I'exas, Friday
to attend the annual meeting of the
Southwestern Intercollegiate Athle-
tic Hssociation. it is Prof. Hail's
intention to secure this year's big
m et for Norman, and he will leave
no «tone unturned to accomplish Ills
purpose.
Carson# Willard
Two Famous Comedians Abe a. White,-nuoi,
That Greeted J G Tate's Address to thn
A 0. D- W Order of Norman
Past Supreme Master J. G, Tate oi
Nebraska delivered a very Intere t
ing lecture on the benefits and devel
opment of the A. O. U. W. lodges a1
their ball in this city Tuesday night.
Mr. Tate is an easy, fluent speaker,
and a crowded house enjoyed his ad
dress.
Light refreshments w< re served by
tbe Degree of Honor, and the large
on the I and enthusiastic gathering that tax
j ed the capacity of the hall to the liui
■ jit bail a very pleasant session at tli-
close of the program.
A Versatile and Adept Robber
Charged with stealing 300 head oi
catt e, with bank robbery, and wit
selling property valued at $20,000. cov
ercd by mortgage. Tom Jordan w,
sent to jail tbe lflih inst. at TuItii t
j await trial. lie was capture I in Nei
j Mexico, and hi incarceration is tb<
result of a preliminary hearing, lb
isalsoch.i g^'l with having robbed
Collinsville, I T., man of about $100t
Do Not Forget.
Do not forge ! in.it wlinivvt-r you im
Kinilly (Ici'tli nmy foinul to ilo;
Nooneao poor it il i-,m im sidw
The help tlml will coiimg« ami r I a renew
No one so we ilt iiihichii mil [jiv,-
the tiuinl tliut nmy help a -onI In live
Anil il " mjulii fmin llm trnilih! cljij
Splendid Hclilovement- mn.v i ■ \ i i„. youra,
The ile.sil tli u |„i l,ivi;'s .-ilk. i- clmii. i.ii,|„r<
Anil will iiln--oni fiiriiver from iluy today.
Marriage Licenses
Thomas j. Watkins. :w
Mamie Stevens,
Hes.-ie Bacon.
Win. II, Montgomery ..
Mollle Ketner ...
|Jos. C, Rather
Mary /. Short
Monday, Januar> 29th.
with
irip to Egypt
OPERA HOUSE
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Allan, John S. The Peoples Voice (Norman, Okla.), Vol. 14, No. 29, Ed. 1 Friday, January 26, 1906, newspaper, January 26, 1906; Norman, Oklahoma Territory. (https://gateway.okhistory.org/ark:/67531/metadc117951/m1/1/: accessed July 16, 2024), The Gateway to Oklahoma History, https://gateway.okhistory.org; crediting Oklahoma Historical Society.