The Hartshorne Sun. (Hartshorne, Okla.), Vol. 22, No. 48, Ed. 1 Thursday, November 23, 1916 Page: 1 of 8
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©he Hartshorne
DEVOTED TO HOME INTERESTS AND HOME PEOPLE
ESTABLISHED 1A95.
HARTSHORNE, OKLAHOMA, THURSDAY. NOVEMBER 23. 1910
NUMBER 48.
J <
UW WON'T HOLD
IE
I NATIONAL BANKS'
REQUEST DENIED
Order Stands for State Bank* to De-
posit Partly in State Bank*.
FEDERAL JUDGE NOT CERTAIN
OF DECISION BECAUSE
GIVEN IN HURRY.
Decision on Railroad*' lnjuncti<
Suit Expected by January; M.,
O. 4c G. Caie Involved.
KANSAS CITY, Nov. 22.—The Ad-
amson 8-hour law was hold uncon-
stitutional here today by Judge Wil-
liam C. Hook in the United States
district court.
Judg-.* Hook directed the receivers
of the Missouri, Oklahoma and Gulf
railroad who brought the original ac-
tionin this state, to enjoin the law
from going into effect, to assist the
government in expediting the ea." to
the supreme court of the United
States for final decision. It is ex-
pected the supreme couit deci-ion
will be handed down before January
1st.
In rendering his decision, Judge
Hook took notice of the fact that the
government's motion which precipi-
tated action today in the injunction
proceedings brought by the Missotni.
Oklahoma and Gulf railroad, was
filed only yesterday and that a de-
cision was desired today. Wi i 1 <•
declaring it "far from agreeable," f<>;-
a judge to render a decision wilho it
the delibertion necessary for a deci-
sion which he would stand to "in-
every circumstance," the judge, in
order to expedite the case, entered a
decree for the plaintiff railroad.
The order of J. D. Lankford, state
bank commissioner, that small state
banks must deposit 50 per cent of
their reserves in banks operating un-
der the state banking"law-state banks,
was upheld by the state banking board
Tuesday and will not be rescinded.
Directors of national banks met with
the state banking board and attempt-1
Oil to get a modification or cancela-
tion of the order.
The order puts half the reserves of
the small state hanks under the pro-
tection of the state guaranty law and
also makes them snbject to assess-
ment under that law.
Commissioner Lankford said that
the order would affect only a few
of the present accounts of state banks
with national banks. "The order re-
quires that only half of the state bank
reserves be deposited in state banks.
Of course, if the state banks have de-
posited all their reserves in national
banks they must withdraw a propor-
tion of them and deposit them in state
banks, where they would be protected
by the guaranty law. I believe that
the national bankers will not offer
further opposition to the order."
DEUTSCHLAND, ALONE,
PASSES OUT TO SEA
German Submarine Makes Second
and Successful Start for
Home.
NEW LONDON, Conn., Nov. 21.—
The German submarine Deutschland
left shortly after 2 o'clock this after-
noon for Bremen.
The submarine was completely re-
paired, following its accident of last
Friday, when it rammed and sank one
of its convoying tugs, the Scott, in
the race'outside New London. Five
lives were lost with the tug.
No. 7050. %
Report of Condition of
THE FIRST NATIONAL BANK
OF HARTSHORNE
In the State of Oklaohma, at the Clone of Buiine** on November 17, 19l6.
RESOURCES.
1. a Loans and discounts (except those shown
on b and c) 1 $298,295.63
Deduct:
Total loans 298,295,63
d Notes and bills rediscounted (see item 531 NONE 298,295.63
3. U. S. Bond*:
a U. S. bonds deposited to secure circula-
tion (par value) 50,000.00
Total U. S. bonds _ 50,000.00
4. Bonds, Securities, Etc.:
c Bonds and securities pledged as collateral
for State, or other deposits (postal exclud-
ed) or bills payable
e Securities other than U. S. bonds (not in-
cluding stocks) owned unpledged
Total bonds, securities, etc
6. Stock of Federal Reserve Hank (50 per
cent of subscription)
7. a Value of banking house (if unencumbered
b Equity in banking house
Furniture and fixtures
a Net amount due from approved reserve
agents in New York, Chicago and St. Louis 33,877.97
b Net amount due from approved agents
Sfents in other reserve cities 31,961.61 65,839.58
(Bt amount due from banks and bankers
than included in 10 or 18)
8.
10.
10,000.00
9,937.20
7.000.00
7,000.00
19
,937.20
250.00
000.00
,000.00
12,
13.
14.
15.
17.
18.
19.
22.
24.
25.
28.
31.
33.
34.
35.
36.
30.
41.
45.
(Other t
Exehani
252.33
206.73
1,042.50
832.47
580.00
,610.00
41,209.01
,500.00
,187.79
$589,743.24
$ 50,000.00
25,000.00
9,034.68
48,797.60
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6*4
WILSON'S ATTITUDE
IS STILL UNCHANGED
ABSURD REASON FOR
NOT ADVERTISING
Some Merchants Refuse to Patron-
ise Pap®r Because They Do Not
Like The Editor.
Exchanges for clearing house
Other checks on banks in the same city or
town as reporting bank
a Outside checks and other cash items 1,658.45
b Fractional currency, nickels, and cents. _ 174.02
Notes of other national banks
Federal Reserve notes
Lawful reserve in vault and with Federal
Reserve Bank
Redemption fund with U. S. Treasurer and
due from U. S. Treasurer
Other assets if any—Bills of Exchange
TOTAL
LIABILITIES.
Capital stock paid in
Surplus fund
a Undivided profits 14,939.96
b Less current expenses, interest, and taxes
Skid" i 5,905.28
irculating notes outstanding—*
Net amount due to banks and bankers (other
than included in 29 or 30)
Demand Deposits:
Individual deposits subject to check
Certificates of deposit due in less than 30
Certified checks
Cashier's checks outstanding
State, county, or other municipal deposits
secured by items 3d and 4c of "Resources"
Total demand deposits. Items 33, 34, 35.
86, 37, 38, 39, and 40 345,300.89
Tin* deposits (payable after 30 days, or
subject to 30 days or more notice):
Certificates of deposit
Total of time deposits, Items 41, 42, 43 49,497.22
a Other bonds borrowed without furnish-
ing collateral security for same 10,000.00 10,000.00.
-
52,112.95
301,479.59
31,780.76!
6.28
2,034.26
10,000.00
49,497.22
Some advertisers make the tremen-
dous mistake of refusing to advertise
in a paftpr because they have some
peresonal feeling against the editor!
No such attitude should be taken
This excellent editorial alon^ thes^
lines recently appeared in the Oberlin
(O.) News:
"An Oberlin business man, solicit-
ed for advertising business, seated
that he would not use the columns of
the paper which the solicitor repres-
ented because of the fact that notice
had been made of an action brought
against the business man a few weeks
before.
"There should be but one reason
for advertising and that because it
pays the advertiser. Wc would nof
drive away the business of the man
who carries a space becaus.; he and
the editor are members of the same
church or smoke the same brand of
cigars or have similar tastes in neck-
ties or politics, but the fact remains
that the business of advertising is
plain business. It should be a digni-
fied presentation on the part of the
business man of the reasoris why the
public will find it profitable to deal
at his store.
"The fact that he likes or dislikes
the editor should have nothing to do
with the question. The fact that the
paper in question prints the news
without fear or favor is a strong rea-
son for using its columns. Character,
for papers have character, arift circu-
lation should be the determining fact-
ors in the purchase of space. If the
paper reaches the people in the ter-
ritory of the advertiser and if its
.'policy is such as to command the re-
spect of those with money to spend,
the business man should use space in
it, not to oblige the editor, but to push
4iis own business. Advertising is a
commodity of genuine value. The ad-
vertiser shoulh get value received for
the money he expends for space. He
should patronize the papers which
print the news, because that is the
business of a real paper, and any oth-
er policy is unfair to its readers."
THIRTEEN ARE MISTAKEN
FOR DEER IN WOODS
One Hunter Dies of Heart Disease;
Five Others Are Seriously
V rb Injured.
ESCANABA, Mich., Nov. 20.—
Thirteen deaths since September 1
have been reported in Michigan
twelve of them due directly to hunt-
ing accidents, and one to heart dis-
ease while hunting. In addition there
have been five serious injuries.
Since the deer season opened, No-
vember 10, there have been six
deaths. There are in addition to the
thirteen specified.
WASHINGTON, Nov. 21.—Presi-
dent Wilson's recommendations for
railroad legislation in his address to
congiess will be pursued the same as
those embodied in his special address
last August when a nation-wide rail-
road strike was pending. The presi-
dent discussed some of the details to-
day with the cabinet.
Six Specific Recommendation*
In his special address the president
made six specific recommendations.
Two providing for an eight-hour day
as a legal basis of work and of wages
on railways and for a commission to
observe opeiation of the law, were
unbodied in the Adamson eight-
j hour act.
The others which remained unacted
upon and which will be renewed by
the president are:
Comminion Change*.
"Immediate provision for the en-
largement and administrative re-or-
ganization of the interstate commerce
commission along the lines embodied
in the bill recently passed by the
house of representatives and now
■ waiting action by the senate; in ord-
•r that the commission may be en-
abled to deal with the great and var-
ious duties now devolving upon it
with a promptness and thoroughness
which are with its present constitu-
1 ion and means of action practically
impossible.
"Explicit approval by the congress
of the consideration by the interstate
•ommerce commission of an increase
)f freight rates to meet such addi-
tional expenditures as may have been
endered necessary by the adoption
>f the eight-hour day and which have
lot been offset by administrative re-
'djustments and economies, should
he facts disclosed justify the in-
crease.
Arbitration Proposal.
"An amendment of the existing
statutes—which provides for the
mediation, conciliation and arbitra-
ion of sucb controversies aa the pros-
■nt by adding to it a provision that
n case the methods of accommoda-
tion now provided for should fail, a
ull public investigation of the merits
if every such dispute shall be insti-
uted and completed befom* a strike
or lockout may be lawfully attempted.
GREAT WESTERN COIL PROP-
ERTY SOLD FOR $25,000
C. H. Kimball of St. Louis, Partner
of Jame* Duncan, Bidder; to
Continue Operation*.
TOTAL
State of Oklahoma, County of Pittsburg—**.
$589,743.24
that
I, P. M. WILLIS, Cashier of the above-named bank, do solemnly wear
the above statement is true to the best of my knowledge and belief.
P. M. WILLIS, Cashier.
Subscribed and sworn to before m ■ this 23rd day of November. 1916.
II. PAUL RIVERS, Notary Public
My Commission Expires Septembei 8th, 1918.
Correct Attest R R
T V VAUGHN
JOHN P SAVAGE.
Directors
EPWORTH LEAGUE.
Bible L*sson—The Grace of Grati-
tude— Ps. CVII: 1-43.
Leader—Julia Montgomery.
Helpers—Miss Liska Hunter, Miss
Pardone.
Vocal solo—Miss Cooper.
Instrumental—Miss Smith
Talk—DeaconoM Davis.
< losing Hymn—Piute the* CUaa.
Candidates for the presidency of
the United States would be more thai
human if they did not feel unusual
concern in those hours of uncertainty
intervening between the closing of
the polls and the announcement of
the result. This, of course, is equal
ly true of the families of the candi-
dates. Many interesting stories are
told of the manner in which news of
defeat or of victory was received in
the homes of men who have been
standard bearers of their parties in
other campaigns. In the earlier
years of the republic, of course, it
required days, and sometimes weeks,
to get all the returns; but the tele-
graph changed all this, and it has of-
ten happened, in these later times,
that the result was definitely known
to the victor or the vanquished before
his ordinary bedtime.
Perhaps one of the most character-
istic of the Lincoln anecdotes may be
revived with timeliness. On the night
of his first election the little "frame"
home of the Lincolns in Springfield,
Illinois, was thronged with eager
neighbors and friends. Reports for
awhile came in early and favorably.
Then they were less promising. Mrs.
Lincoln had been by her husband's
side all day. He now insisted that she
retire. The crowd dwindled. Then
came the news that New York was
safe. Then the news that Lincoln had
carried the country. The rest of the
story will be better told by that great
man himself. "When there was no
longer any doubt, or reason for
doubt," he related afterward, "I went
up to my bedroom and found my wife
asleep. I gently touched her shoul-
der and said, 'Mary!' She made no
answer. I spoke again a little louder,
saying, 'Mary! Mary' we are elect-
ed!'"—Christian Science Monitor.
A French shoemaker has patented
a machine that makes a plaster cast
of a customer's foot, and from it
forms a last over which his shoe' are
made.
A PRINTER S PROBLEM.
The property of the Great Western
Coal and Coke company, once rated
as one of the most valuable in the
McAlester field, was sold at receiver's
sale today noon for $25,000. C. H.
Kimball of St. Louis, a partner of
James Duncan of Alton, III., both of
them bond holders, was the buyer.
The sale was conducted by T. W.
Wheatley, receiver, acting as special
master.
Through district court action, the
property was thrown into the hands
of a receiver April 7, 1914. It has
been in operation much of the time
and is said to be in good condition.
It is understood that, if the sale
is confirmed, the new owners will im-
prove the mines considerably and ex-
tend operations upon a much larger
scale. Until the sale is confirmed,
however, no definite plans as to fu-
ture operations will be announced.
Marie hit upon a problem the other
lay more perplexing than George
[II.'s apple dumpling. She peered be-
ween the uncut leaves of a maga-
zine and said:
"Mother, how did they ever get the
printing in there?"
COMPARATIVELY POOR MEN
GENERALLY CHOSEN FOR
PRESIDENTIAL RACE.
Both political parties have a habit
of selecting comparatively poor men
for president. In this generation there
has not been a rich presidential can-
didate—at least not rich as defined
by the American lexicon.
Roosevelt is the richest republican
who was ever president or republican
nominee for a sojourn in the White
House. Wilson, Taft, McKinley,
Cleveland, Harrison, Garfield, Grant,
Arthur, Hayes, Johnson and Lincoln
were not rich.
Nor we're the nominees, including
Bryan, Blaine and Hancock, possess-
ed of great fortunes.
Samuel J. Tilden, however, was an
exception to the general mlor lie ma
a multimillionaire and much the
wealthiest nominee of either party
since before the Civil war. In fact,
he was the richest man who ever ran
for president with any hope of ever
getting the office.
Washington was a rich man for his
day, but his wealth was far less than
that possessed by Tilden.—Philadel-
■ phia Public Ledger.
A handsome man conscious of his
I beauty is more of a nuisance than a
, handsome woman who knows she is
pretty. The most lovable people are
those whose beauty is known to oth-
| ers more than to themselves.
PUBLISHER'S REPORT OF THE CONDITION OF
THE FIRST STATE BANK
OF HARTSHORNE, OKLAHOMA
At the Close of Business, November 17, 1916.
RESOURCES.
Loans and Discounts $231,088.43
Overdrafts, secured and unsecured ?*®NE
Securities with Ranking Board 5,550.56
Stocks, Bonds, Warrants, etc - 2,242.29
Banking House 3,200.00
Furniture and Fixtures 3,174.63
Other Real Estate Owned 2,685.64
Due from Banks 130,100.30
Checks and Other Cash Items 872.34
Exchanges for Clearing House NONE
Bills of Exchange ^9^*?
Cash in Bank 20,477.08
TOTAL $399,391.27
LIABILITIES.
Capital Stock Paid in 5 25,000.00
Surplus Fund ^ "'P",'1",
Undivided Profits, less Expenses and Taxes Paid 6,012.02
Reserved for Taxes., 1,000.20
Due to Banks
Dividends Unpaid NONE
Individual Deposits Subject to Check 221,706.1!'
Demand Certificates of Deposit _
Time Certificates of Deposit 115,719.4?
Certified Checks NONE
Cashier's Checks Outstanding 1,440.21
Reserved for Interest 2,864.7.1
Notes and Bills Rediscounted NONE
Bills Payable NONE
TOTAL $399,391.27
State of Oklahoma, County of Pittsburg,—as.
I. C. L. Willis, Cashier of the above named Bank, do solemnly swear
that the above statement is true to the best of my knowledge and belief,
so help me God.
C. L. WILLIS, Cashier.
Subscribed and sworn to before me this 22nd day of November, 1916.
G. E. GLENDENING.
Notary Public.
My Commission Expires July 8. 1917.
Correct—Attest •
J. H. BAKER.
A E MoNEII.
h ( . SIMS, Director^
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Hunter, T. W. The Hartshorne Sun. (Hartshorne, Okla.), Vol. 22, No. 48, Ed. 1 Thursday, November 23, 1916, newspaper, November 23, 1916; (https://gateway.okhistory.org/ark:/67531/metadc163149/m1/1/: accessed April 25, 2024), The Gateway to Oklahoma History, https://gateway.okhistory.org; crediting Oklahoma Historical Society.