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ir.:l ''$1 --teiV. I j t - j es .it ', 7 Aw ! j. 5! ' " ONE SECTION 41 t " VOL. XCIX-KO. 40 1, 1916 WHOIiE HJTMJBEB 39,751 - 4 5X i mm to HAvmmm lives on mE Consul Frost, at Queenstown, Gets Telegram saying di Ameri cans Had Been Sa.yed ' IS TO, TAKE DEPOSITIONS Twenty-Eight Survivors on Wayl to Dublin, Where They Will ' Meet American Consul. - TWO U-BOATS IN ATTACK 7 North Carolinians Among Those Reported Lost. No London, October 31.' -r- Six Am ericans were killed in the sinking of the British steamer Marina, ac cording to a- telegrani received by American Consul Frost, at Queens- town, says the Press Association. llie telegram declared tnat nity one Americans had been saved. -The Americans reported killed, the Press Association , says, were two men named Brown, two nam ed Thomas, and one named Middle ' ' . , , - - on and one named Robertson. . Mpn nRir.Arl Miltffp ftnri T)ii.vir it is atlded. weX' I Arrana-ememta. Far ZepItloaa Consul P'rost'iiaa arrsirrsred to take the deposition i o XmetUM-jx -urTlv-orl wlio' have proeifceded vi" Dublin.' Thirty-four additional muTvhmT9,- in crUding 15 AmericaHa, ar-axplrfted to arrive at Cork tonight. : An Exchange vTelenrijdtsat:ci from Skibbereen. where moramr7Jat thi survivors of .th.- 2lia&''Taiittty&, says that the steamer was attaed. by tw o submarines. C- w Including among The AmerrcJUj on board the Marina, according-ta. list issued October 30 by the United States Shipping Company, of Newport Kw'. a., agents "fur the vessel were. VjQE. Brown, Upperville, Va., J. R. C. Brown,, Washington, D. C, H. B. MIddieton. Fredericksburg, Va., Daniel P. Thomas and John P.-Thomas, both of Wflmingr ton, Del., Andrew O. " Jtoblnson, , Balti more; Edgar Miller, Baltimore; F. C. Davis, Wake Forest, N. C., and - Jack Davis, Roanoke, Va. AH were classi fied as "horse men" ; 1 St'fcVlVQRS DECLARE TWO SUBMARINES MADE ATTACK. Dublin, Oct. 31 (via London, Nov." 1.) Twenty-eight American' survivors of the steamer arrived at- the Seamen's Home here tonight from - Bear Haven. In the statement to the Associated Press they said: ' "4 -.. -, " ",- "We reached safety after, more than 39 hours in a rough sea in an open, boat. Captain Brown was last seen loj Bering himself to a rift.. The Marina, with a cargo of whiskey from Glasgow 'to Baltimore, was strucK' by atorpiSdo without warning on the starboard side off Skelligg Rock at 4:14 -.'clock Satur day morning, and sank in a few" min utes. A second torpedo struck the port side of the vessel about ten miftutes after the first.. ' ... ' . ... - "All Americans aboard were members of" the crew except one, a passenger learned Middleton, of Fredericksburg, who was drowned, and two stowaways, who also were drowned. "The submarine watched our ; boats for half an hour and offered no as sistance." The survivors declared that two tor pedoes were fired at the Marina'and that the submarine watched the boats containing the survivors for half an hour without offering assistance, in a statement to the Associated Press. VETERAJT ENGINEER TESTIFIES AGAINST HIGH-POWERJE7I LIGHTS Two Brotherhood Chiefs Try. o Im peach His Testimony. s "ttashinngton, October 31. John Dousherity, a 'veteran railroad . engin eer, now a road foreman on the Michi gan Central, testified today before the Interstate Commerce Commission that fce; was unable to see. his signals when Passing , high-powered electric head lights on engines of the Illinois Central, Paralleling the line on which he used to. work. - ' -"" W. S. Carter and W. S. Stone, chiefs respectively for the firemen and en gineers brotherhoods, sought to - im peach Dougherity's testimony, suggest- 'n5 that as the result of his opinion averse to the high .power lights, he nad been promoted. The witness in--s'sterl, however, that the majority of lne engineers he knew were against the , powerful lights on the ground that they were dangerous, pougherity was the nrst " of a score of witnesses the com. ? mission will hear before passing upon proposal that railroads be required.'to "oc nigh powered lights. ' PRESIDENT URGES HASTE IN FINDING OUT THE FACTS Long Branch N. - J., Oct. '31. After -receding unofficial - information that 'x Americans had lost their lives by -e sinking. of the British steamship aarma President Wilson communicat- with Secretary , of State Lansing weight and directed that all possible nastfc be taken in obtaining the. facts ,cncerning the' sinking of the vessel. Secretary Lansing informed;, the (Continued on Face Tan. " ' l - MhilRflH h T IflT iiH 11 MM m 1 11 N WW V lUiJll JMLiVV iii iiiiiniii in. hi mi 1 1 -iir,, - - m -w . m m -mw m m mmw mmr i M mm m m FOR INFOUIOli Inquiry . Concerning Sinking ' of Two Steamers is Made, by the State Department. IS NO TENSION EVIDENT Official Hopeful - That Elnal 'Reports ' "1 Will Show Sabmarlnfrs Acted v Leffallr Discrepancy In Con- Washington, Oct. 31. Germany has been asked to furnish the United States any information the imperial govern ment may have concerning the sinking by submarines of the British steamers' Marina and Howanmore. The request was forwarded, it became known to night, through' the American embassy at Berlin.' - . It Is understood the State Depart ment took .this- step without "waiting for f ulli reports from British sources and survivors of the ships because it was considered' desirable to assem ble, at" the earliest; possible moment complete information, particularly re- Lgarding the Marina,, on which. several American horse tenders are believed to have1 lost their , lives. The request is informal and is intended in no sense as an intimation .that German sub marines have violated international law, or the pledges of the German govj 1 eminent, to xpe umiea oi.at.es. While the Marina is the first .vessel on which American lives have been lost in the war tone since the Sussex and "all- reports' -so far Jiave said she wast attacked without warning, . there was ; no evident tension over the case 4adayln, government circles. OfUCials continued to be optimistic apparently in the belief that final accounts would, show that, the steamer lost her im munity a.8 merchant man by flight or by atempting a counter attack. As to 'the Rowan more, which admittedly sought desperately to escape, there seemed to be but one point to clear up whether- the submajrtlne actually fired -upon? boats leaving' the ship, as alleged by survivors. The .department has not been able to r,cleafup the -dlscrepency between Consul Frosts' .. "provisional" report yesterday .that the Marina had been sunk without warning by gunfire and today's unofficial advices from England quoting the consul and others as say ing the ship, was torpedoed. It may ae a week. r more before the German reply is received, as the submarines which made the attacks probably would not return to their bases and report under several days. . Discuesin of the Marina and Rowan- more" cases today developed the fact that the Stajte Department never has learned what punishment was impos ed by Germany upon the submarine commander who sank' the Sussex, al though Ambassador Gerard was in structed some time ago to make in quiries -ori the subject. 7 A departmental official saidl this was one of "the .subjects . that would be taken up with the ambassador when he called 'before starting on the re turn trip to Berlin . after his vaca tion. : - PASTOR' RUSSELL DIES . ... FROM HEART DISEASE Death Occurred Yesterday Aboard Santa Pe Train in Texas. Was En Route From L,o Angeles to New York Was 'Editor of "Watch . Tower" and Author of Studies "' '' On Scriptures. Canadian, Texas, Oct. 31. Charles Taze Russell, known as Pastor" Rus sell, an Independent minister,- editor of the Watch Tower, and prominent author of studies on the Scriptures, died thls: afternoon, on an ' Atchison, Topeka . and Santa Fe train en route, from Los Angeles to New Tork. 'Heart disease was given as the cause. Pastor Russell was president of the International i Bible Student's Association,- of -London! and the Watch Tower Bible and- Tract Society, of Pennsyl vania, and an a,uthor of studies on the Scriptures. ' He was born in Pittsburg, Pa., February 16. 1852. ; ' " Mr. Russell, who was en route from Los Angeles to New York, Complained Of feeling ill as he-was leaving. Los Angeles, his secretary said, - and his condition gradually grew worse until death came this afternoon. His body will be . taken to Kansas City on,: .the train on which "he died. . .: v Dublin, Oct. 31 (via. London, Nov. I.') The British gteamshlp Marin .-' was torpedoed without warning, according vlVors of the vesel who arrived here bSaln- .Before he returns Friday, he will tonight frbmBear Haven " . JtiaYe dvered two speeches in Buffalo W TO Ten Sign Cablegram Saying That the Church is No Longer Of ficially Prosecuted. ; IS SENT TO ATLANTIC CITY Luis Cabrera Formally Repudiates Statement Attributed to Him in Washington. Atlantic City, Oct. 31. To the evi dence the Mexican commissioners are placing -, before the International Joint Commission to uphold their assertions that the Carranza government is grow ing in strength was (added today a long cablegram they said had . been signed by ten Roman Catholic priests, resi dent in Mexico City, who asserted that offlcial persecution .of the church no ! longer is practiced. The presentation of the cabsrram, its discussion and ! the formal repudiation by Luis Cabrera of the statement attributed to him at Washington, marked today's sesfon of the conference. ' v The last session of the commission before the National.---election will be held Thursday or Friday. The Mexican members have planned to hear Presi dent Wilson and Charles E. Hughes speak in I'ew York and most of the at taches of, the American commission will gp to their homes to vote. The message of the priests which the Mexi cans placed before the American com missioners, follows in part: Measage of the Prleats. "By the press of the United States ' . . . 1 , . w . I and through other channels w.ho have been informed that the enemies of Mexican revolution, who are fighting against it'at "various points of the re public, have been publishing broadcast the most exaggerated versions regardT ing outrages alleged to have een com mitted by the government presided over y. Venu.stls,no Carranaa, . wilmtf ,h gj clergy and - the church. Our silence would make usc accomplices of the poli ticians who are - interested in dissemi nating such falsehoods, which as such cannot . benefit . the clergy and the church. . -. ..t'..- ... ,T Acts of CsTrransa'a Enemies. "During 1915 we had to deplore quite a-number of untoward incidents. But! then the main situation was truly crit- ical and it is notorious that such deeds I of violence were committed by undisci plined troops opposed to the revolution headed by Mr. JCarranza, the depreda tors being Villi stas and Zapatistas. - "At present it would xnot be. possible to point out actual tacts to warrant the assertions so freely, bandied about. On the contrary,' we are in a position to state that the civil as well as the military authorities of the Federation, or ot the states have respected the cler gy and the church personall and as re gards the institutions. . Two Church en Necessarily Closed. "It is true that recently the govern- ment has closed two churches' in this city, due-to pressing public needs, but this has been done withoutt any vio lence whasoevter and pursuan to all the formalities provided In previous (Continued on Page Ten.j AUDIENCE SHOUTS APPROVAL AS HANL Y A TTACKS HUGHES Prohibition. Candidate at Baltimore Tells Big Crowd the Re- - publican Nominee ''Stands President Leaves fialtlmore, October 31. While an (y Ithusiastic crowd that jammed a local fsatre, shouted approval, J. Frank Hanly, the Prohibition presidential can didate, tonight ' attacked Charles E. Hughes' declaration that-a "chance to work " is the ' foundation . of American life," as falling short of the mark. Han ly insisted that a chance was of little value If . the man was not made-equal to It by sobriety. - "A bhance to work s not enough," Hanly declared. "There must also be capacity to accept the chance. A job Is not enough. There-must be a man for the job, and In a struggle like that impending between this country and Europe a man must -be as big as the job. ; - : ' i" ' "Hughes stands' for the chance. 4 I stand for the" chance plus the capacity to meet.it. Hughes stands for the job; I stand' for the job and the bam" v Maryland is in the midst, of a bitter wet ajftd dry fight, and when Ira Lan drlth, : -"the -r vlce-ptesldentlal ' nominee, suggested that the; "outlook for a dry state was good, "he; i was loudly ap plauded. - , "The" liqor traffic, he said. Is' pre paring to fold" up its tents.and go back to hell, he began, but the remainder, of his sentence was loi In cheers. PRESIDENT Witt SPEAK - IN - . i BUFFALO AND NEW YORK CITY ' Long Branch,-N. J.; October Si. President . Wilson "lf t here tonight for Buffalo on his last trip or . the cam- ! Bucharest tEeports Driving Aust rians Batfe- Ailbss Frontier itf S2urdul( Region. SERBS tfAVE MADE GAINS Both Russians "and Teutons Claim Success in Russia Little Ac- ; tivy in France. There has.-bjse vlittle concentrated infantry ftgbtiDjff on:the European ba.t tle fields. , ' ' ' - . Along the'border between Transyl-, vania and Rumania, the opposing arm ies tontinue the ' fray .but with litle' change. In the region orth and east of Campulung,is Rumania, the fighting goes on and Bucharest claims the cap- ture of Mount, Rosea, at Bratocea and the repulseof kitacks in the Drago-' lavle sector. 1 iBerlln claims the re- pulse of Rumanian attacks north of Campulung, and Bucharest says the advance in the Jiulvalley, in the re gion of Vulcan ' pass is making pro gress. ' , The Rumanians have gained a vic tory in the region of Ssurduk pass, on the Rumaniah , Transylvania frontier a wireless message . from Budhares reports. The Rum,anians drove the Austro-Germans' back, from the fron tier, capturing prisoners and artillery; West of Lutskj fn Volbynia, the Rus sians have taken A'ustro-Germaii trenches south of Svin!usky and re- pulsed counter aJKki tadts. On the Shara five r, Berlin records,:; Russian attacks iirnvn t.AV,,l0At M'..ji.1l'.tA Vit... A . . .. tro-Germans ha ve checked attacks bet low Stanislau r.ated r ccupidri Russian positions in ' thejj NOtsyuvka' region near Halica. - 'f.te.A "Mt On the An glOf-encKrront in France and Belgium .hVre Li's -little except artillery work Thirmans shelled th$ajfBifj soum oi ne vncre tne positions -at Stuff and Schwaben edouMs, Bad weather Is ; iamperjng opera tions in Macedonia 'bt tHe Serbians, Paris ann6unce, have Made progress in the Cerna bend.and tha French have occupied a monastery Hat of Presba lake. Artillery combats "liave occupied the soldiers . on the Austro-Italian front, The German submarine U-53 whichi after paying a brief visit to "Newport, R. I., flank'flve British and -neutral ships off the coast, is officially ah nounced Jto have reached a. German port in safety, FRENCH DROPPED BOMBS ON PEASANTS IN SMALL TOWN Berlin, Oct. 31. (via Sayville) French newspapers' praise Sergeant Lufrvery, of the American flying squad ron, for having shot down his fifth German aeroplane during the raid against Oberndorf-on-Neekar on Octo ber 12th, " says the Overseas News Agency. "In the air combats in south-, em Germany, on the date mentioned not one German filer was disabled or even hurt. - Meanwhile French air squadrons tn ' - (Continued on Page Ten.) 7 For the Job" Minus the Man For New, York State. and three in New York "city, besides shaking hands with station crowds in many cities and towns. The President will arrive in Buffalo at 1 P. M. - He will speak-there at lun cheon and at an evening meeting and will leave for New." York tomorrow night. In New York he willspeak at a luncheon, at a meeting at Madison Square Garden, and later at another meeting in- Cooper Union. He will re turn here Friday morning. SUBMARINE .JJ -S3 REACHES ' - GERMAN PORT IN SAFETY Berlin Announces Her Return From Raid Off the American Coast Berlin," via London, November (1:08 a, m.)The German " submarine- Ur53 ha.s returned safely to a German port, according .to the official announce ment. .' '. , : ' ; The German. submarine U-53, in com mandj ' of ; Lieutenant Captain , Hans Rose, arrived at Newport, R. I. from. Wilhelmshaven on October 7 and de parted, after; a' stay of three hours. In the course of the i.ext day the .U-5!5 sank five ships, off the American coast." ""-;-. ': "' , - ' Various; "reports have been current regardln,-. the submarine and i, was Uncertain whether the craft was re? turning to Germany ot had remained on this" side iof the Atlantic. There were various - rumors that she had been "" sunk A 'search 'by American warships .for a German secret base along- the northeast coast for supply Ing submarine's proved, fruitless, -, a,cr cording " to naval .offloera v' f - "i HOW ONLY HISTORY Spundijg" of ;Church BelU and Wnistles Vshered Out "Old Booze" tast MidnigM.- SERVIOES OP PRAYER HELD Virginia Is the Eighteenth State to Go Dry' Over 800 Saloons Closed. Big Amount Stored Away by . Citizens. - ' Richmond, Va., Oct. 31. Virginia the ISth state to ban the sale of intoxicat ing beveragesi entered the prohibition lists ; at midnight, completing " a dry area in the South reaching from Wash ington . to Jacksonville, and as far west as New Orleans. Although a large, part of the OldDo- mlnionpreviously had been voted dify" in local option elections, the new state law had the effect of closing more-than 800 saloons, mostly in Richmond, Nor folk, Newport News, Lynchburg, Pe tersburg, Roanoke and Bristol. : f A Most Drastic Law. ' ' The law is said to be one -of 'the most drastic ever passed - by "a state' legisla ture. Under the measure no beverage except'-cider can be "sold that "shows a trace qf alcohol; and possession of more than one gallon of whiskey, one gal lon of wine or three gallons of beer would be regarded as prima facie evi dence of intent to violate it. This pro vision probably -will receive ah early test In court, vast quantities 'of liquor having- been stored in; private homes durmf the nant fe Ha ti' tK'risA times.- ' Along with the prohibition measure and to insure-its enforcement, the leg4 (slature passed a bill which provided that ouster proceeding may be brought against state or municipal officials who show a laxity . in putting it or any other measure, into effect. In addition a commissioner was: provided to see that the. law, was observed .:- Joyous Celebrations Held. . v Many saloons-had closed-during the past few days because their stocks were exhausted, but the lives of those remaining were ushered . out to the chimes of ringing church bells and the shouting and singing of enthusiastic dry workers who "held ' jollification meetings, and watch parties. in almost every part of the state.. In sharp contrast were the elaborate "wakes" In clubs and hotels by those who saw the long, arid spell before them. One bright spot shone out to the wets, however, at Bristol. There, by telephoning across the main street to the Tennessee side of the line, one can order liquor from interstate ship ping houses. Several of the Bristol sa loons, moved their stores a stone's ?throw and converted them into estab lishments of .this kind. Although the authorities of Newport News and several of the smaller towns had Issued decrees postponing the cel ebration of Hallowe'en to prevent pos sible disorders, the passing of . the sa loons was peaceful. Crowds were on (Continued on Page Ten.) ENDORSED LEGISLATIVE RECORD OF PRESIDENT a ' Sixteen. Prominent Progressives Express Their Approval. Were Members, of .Resolutions Commit tee In Progressive Convention in 1012 Eleven Urge Wilson's Re-Electlon. New York, Oct. 31.--Sixtteen of tbe 19 members of he resolutions "commit tee of the first Progressive party con- yentioni which fraVned the platform on which Theodoie Roosevelt was nomi nated for 'the Presidency in 1912, en dorsed a statement issued here tonight by the Democratic National "Committee commending "the" legislative achieve ments of President ' Wilson.'" Eleven of the number signed the statement, which' also urged .the re-election of the President. " Those who signed the : sttaementt were John M. Parker, of Louisiana,' vice jjrresidenlal candidate on the present Progressive ticket; former Governor Lucius F. C. Garvin, or Rhode Island; former Governor Joseph M. Carey, of Wyoming, one of the seven governors "who came out for Roosevelt" ftt."1912; Judge Albert D. Norton, of Missouri, and Hugh T. Halbert,.-.of, Minnesota, who were Progressive candidates, re spectively . for United States Senator and governor In tbelr states; Frank N. Howards of .Vermont M. C-'PeBaca, of New Mexico; James H. 'IngerspU, of Idaho ; Arthur . G. Wray, - of -Nebraska; Clarence B. Stroiiss, of Virginia, and J. W. McCormlck. ofTexas , " v Those - who, it. was announced, en (Continued .on Page Ten.) 1 I1EITE . ;. - ... German Vessel Entered American Port Early This Morning, . Com manded by Captain Koenig and Manned by a Crew of Twenty- Five Men Sailed From Bremen October 10, Making thef Trip Without Special Incident. New London, Conn., Novemberl. - The German submarine X)eutschland arrived in the harbor here early , this morning.. Captain Koenig said the Deutschland left Bremen on October 10, and made the trip here without special , incident. The entire crew comprises 25 men.:' The Deutschland appeared in the outer -harbot shortly after midnight, and proceeded to the dock of the Eastern For warding Company. - : . ' Has Cargo of Chemical. Capt. F, Hinsch, of the Forwarding Company accompanied lryi Dr,yiR. - E. Black, the health Officer, and other of ficials met the submersible on a tug. These in ; Addition to a Transport and a Destroyer Sunk in 1e ' English Channel. GERMANS HAD ADVANTAGE i British Sea Lord Says, Howe-rer, That ;;ta;Aja?lClk: - Think I'wo trerman Destroy : "'- era Were Sunk. London, .Oct.; 31.- The loss of six drift net boats, in addition to the sink Ing of the transport Queen and the tor pedo boat destroyer Flirt, in the recent raid by German . , submarines in the English Channel, was admitted by A. J. Balfour, ' first lord of the admiralty, in the House of Commons today. He said that while tbe raiders had all the advantages-in choosing the moment for attack, In this "caser.lt certainly failed. The- only cross channel steamer to be attacked, Mr. Balfour said, was the empty passenger vessel, Queen, and she would have been .saved, he. added, had the captain realized that she would float six -hours after the' attack. The torpedo boat' destroyer Flirt, he said, was surprised in tbe darkness by German destroyers which tflred on her at Close range and sank her. The de stroyer Nubian, torpedoed while at tacking the German, squadron, should have been brought to harbor, the first lord asserted, but for the gale. He be lieved that the Nubian can be salvag ed. He then admitted that six drift net boats had been lost. "There is ground for thinking," Mr. Balfour declarer, "that ' two German torpedo boat destroyers, after being hit during the action, struck mines and were blown up and probably sunk." The above- is the first Intimation from British sources- that any ships except the Queen, Flirt and Nubian were damaged In the German raid dur ing the night , of October 26-27. The British official statement Said that two of the ten German destroyers had been sunk and the remainder driven off. The statement admitted the loss of the Queen, said the Flirt was missing and declared that the Nubian had ground ed after being disabled by a torpedo. 50,000-WORD TE"LEGRAM. inci Message Has Been on Wires Sine Sun- day, and Is Not Yet Finished. Mercedes. Texas.' October 31. A tel egraph message, said to be about 50,- 000 words long, claimed to De tne long est telegram ever handled by a tele graph company, has been going from Llano Grande, Texas, where Minnesota guardsmen are encamped, to St; Paul, Minn., since Sunday night, and is not yet finished. ... Two operators are sending the name and . address ,of every member of the Minnesota guard on the border, togeth er with other Information- desired by the State of Minnesota, in Its prepara tion of a ballot, for the guardsmen. BELIEVES TWO , OF The men ARE HIS SON AND NEPHEW Wilmington, -.Pel.,-Oct. 31 John P. Deputy,- an insurance agent off this city, believes ..that the two members o the crew of the British Marina re ported as dead and whose names were given as Thomas,' are his sons, John P. Deputy; Jr., aged SO, and his nephew Daniel P. Thorpe; 35, both of whom resided-' in this city. He says hiB son and -nephew left their homes in this city oh September, without telling their families where " they -were going, and;he .thinks; the name Thojnas was assumed. The usnal quarantine' regulations were waived and the Deutschland tied at the dock -near the North German Lloyd steamer" Willehad. ;:The Deutschland was TBaid to iave aa large cargo of chemieals. - ?- Increase In Resources Since . Pas. ": . sage of Reserve Act is Plac-, d at; $6,500,000,000. SOUTH 'S GAIN, 12 PER CENT Unprecedented , Growth . In Deposits! iV'-hrftWe"ff,State In the ' .. t'nion' I Washington, Oct. -31. Growth of th , country's banking resources since pas sage of the Federal Reserve, act Is put -at six and one-half billion dollars, in a statement issued today by the Comp troller of the Treasury. The record is declared to be. .without a parallel ' in the history of this or any other country. . The figures cover the period from July, 1913, a few months before the act was passed, to July, 1916, Includirig nearly all of the first two years of the European war. Outburst of Business Activity. "This ' stupendous increase In bank ing assets and available capital," saya the statement, "has been accompanied by an unprecedented quickening which ' has amounted in many cases, to an out- '' bunt of business activity in every state, and in practically every part of every state. Coincidentally 'there has been 'a marked reduction In interest charges." The increase in resources, it is de clared, is greater than the total re-, sources of all the counttry's national banks a little more than a. decade ago. In New England the three years in crease has been 21 per cent; in the Eastern States, 32 per cent; in the South,"l2; in the Middle States, 32, and in the West 31. r Unprecedented Jump In Deposits. Deposits since the Reserve Act went into force have made an unprecedented jump also. . Their total increase is put att six and a quarter billion dollars, or 31 per cent nearly as great as the re source Increase. In, New. England if was 23 per cent; In the East, ,39 per cent; -the South, 18; the Middle States, 26; the West 37, and the Pacific states 19 per centj Banks and trust companies are lend ing three and quarter billion dollars more than they were three years ago, the statement says. j Emphasis is laid upon a. distinct and growing tendency towards decentrali zation and. distribution throughout th country of excessive reserves hereto fore piled up In Eastern cities. This has been especially true during, the. last few months. In the fou and one-half months from May 1 to Sep tember 12 this yeaT, deposits In New York City decreased nearly a quarter of a billion dollars, increaslngheavily . meanwhile In country banks.. States Showing Greatest Gains. Outside of New , England and the Eastern states the following states show the most notable resource In creases in three years: Illinois, 363 million dollars, or 20 per cent; Ohio, 317 million -dollars, or 20 per cent; California, 245 million dollars, , or 20 per cent; Michigan, 221 million dollars, or 37per cent; Minnesota, 198 million dollars, or 40 per cent; Missou ri, 116 million dollars, or 14 per cent; Iowa! 107 million dollars, or 17 per cent; Wisconsin, 88 million dollars, or 21 per. cent; Nebraska, 78 million dol lars, or 28 per cent; Indiana, 69 million dollars, or -13 per cent; Oklahoma, 68 million dollars, or 41 per cent; Kansas 63 million dollars, or 24 per cent; 1 Texas, 60. million"dollarS, or 12 per cent; Virginia, 52 , million., dollars, or 21 rper cent; North Dakota,' -4T million dollars, or. ii per.cent;Co.lorado, 42 million dol lars, or 23 pe rcent; South Dakota "and Montana; 21 pillion dollars, or 33iper cent-each. : s The total resource increase in. the South was 3302,000.000; Middle States, $1,431,000,000; Western States, $35,000. 000; Pacific States, $325,000,090,1 Insular possessions, $40,000,000. 1 . 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Wilmington Morning Star (Wilmington, N.C.)
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Nov. 1, 1916, edition 1
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