Newspapers / The Asheville Times (Asheville, … / Oct. 9, 1913, edition 1 / Page 5
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I - rhursday, October 9, 1S!13. TEE 4.CHEVILLE GAZETTE . NEWS. PAGE FI73 mm urn AND DIGEST IT. CABBAGE, SAUSAGE, ; . . PAPE'S OIAPEPSIII" ) indigestion, no sour gassy stomach or dyspepsia. ,"' ) . " Try.it!" . ,: Do tome foods you eat hit back' ste good, but work badly;; ferment to stubborn lumps and cause 8 sick, r, gassy stomach? Now, Mr. or ra. Dyspeptic, Jot this down: Pape's iapepeln' digests everything, leaving othing to sour and upset you. No .(Terence how badly your stomach is Isordered. you get happy relief in re minutes, but what pleases you lost Is that it strengthens andregu .tes your stomach so you can eat your favorite foods without fear.. Most remedies give you relief sometimes they are slow, but not sure. Dlapep sin is qulbk, positive and "puts stom ach in a healthy condition so he mis ery won t come back. ; Tou feel different as soon as Pape's Diapepsin comes in contact with ' the stomach distress Just vanishes your stomach gets - sweet, no gases, no belching, no eructations of undigested food, your head clears and you feel fine.,- -.. - ' Put an endNtd stomach' trouble by getting a large - fifty-cent case . of Pape's Dlapepsin from any drug store. You realize in five minutes how need less it Is to suffer from indigestion. dyspepsia or any stomach disorder. IEtiIDS CAUSTIC CURRENCY BILL ead of bankers Association H Calls It an "Invasion of ' v , Liberty.!' , - - f . ;-''--'?'"; ' . ' v- ! - iv . ;: : , ,. . ; -. , . Boston,- October 8. Arthur v Rey ilds.of Des Moines, la.,' first ..vlce esldent ' of the , American - Bankers jodatlon, -and, because of the' pres ent's death -during the year. V ltts nklng officer, characterized today $ unnecessary and unjust and an vaslon of the. liberty of the- citizen rtain features ?of the. atfmlnistra mi's:' pending,; currency bill.' Mr. eynolds discussed the' bill at length iforst the association which is in invention .'here.. He said , in part: ' V "The admitted -Inadequacy of "the -esent national, banking act to meet e emergencies of business has been e subject of much labor oih part this association, through its. var us committees, to secure from the ingress - of the United " States ! a tange In the law. along ; lines " of und principles of finance- as ex : npllfled by the experience: of the , orld. It would ." seem that there grht to be great difficulty in apply- injmraerclal nations have found ele fmenary and. necessary to permanent success to our ; present banking sys jtew and to :t adapting them to. our 1 Today we are facing proposed leg- less than an invasion of the liberty of the citizen In the control of his own property," by putting under gov ernment management enormous indi vldual investments and a branch of the country's business which should be left to individual effort. Resents Federal Control. . " "Neither the banks nor their great army of .stockholders, nor the busi ness men who are their clients, have ever 'urged the least- objection to close and thorough supervision of the 'banks by the government; in deed, bankers, have welcomed such supervision jto the fullest extent. But to go further and take administrative control ' and deny us any share or voice In the management of our own business seems both unnecessary and -, "No 'nation In the world lias ever found it necessary to assume such broad powers: as are contemplated under the new bill. ; It will readily be recognized that men trained In the banking business and conversant with the necessities of the borrowing pub lie, as well as its ability to liquidate Its obligations could act with better Information , and clearer Jindgmfent than - political appointees selected along partisan lines, and with only casual regard for their experience in the business. ": VI believe, therefore, that while both the bankers and the people ad Vocate careful and thorough govern ment ' supervision " of any system which may be adopted, a buaii.ess of such great magnitude, and importance to the country's prosperity should be tnihe . control of men educated and trained In such business in the high 'est degree, rattier than in state con1 trol. This Is not in any sense a pol Itical question. It must be solved upon the higher plans of statesman. ship and not subjected to the strife and selfishness of political parties. . Credits Not Restricted. "Those In control of the proposed legislation have believed- thlat the VP : ! fm ) )-' . ., IK) . . ' i ... ' " ' ' ' i H The Rugged ; i ; 1- Food Value I Gr-Nuts enows everywhere in thousands of sturdy youngsters woo eat this famous food each day. v . ' . i i The sound nouriehroent of Grape-Nuta bmlds both brain and body,' creating a natural resistance to iffs and a Burrfqnndation .for the health of years to come. ; . Orape-uts have a delicate sweet taste which ap- pealff to parents' and children alike -a roost apprizing, nourishing, and easily digestible dish the year round. . VThere's a Reason" for drap-NutSr . -' : - Read the little boot, "The Boad to Welyille,'1, found in packages. ' present method of handling the re serve of the banks of the , country, Lwhereby large sum are finally lodg ed In central reserve Cities, has led to the promotion of speculation, to the exclusion of proper credit ac commodations to legitimate business enterprises.-' They claim It Is their purpose to free the credits of the country to such proper uses. ' I do not believe that banking credits in this country are restricted, I or that banks are at the present time denying credit to those who are legi timately entitled to It. I believe that such credits are now being extended more freely to all classes of people and business, 'and In a more liberal way than anywhere else In the world. One. of the admitted causes of our financial disturbances in the past has been the over-extension of credit to the people. If any "evils exist In our present system through the accum ulation of reserves In large cities, it does not seem Just ' or fair to des troy the good features of the present system In an . experiment to find a remedy. : , . . ' . -. " . ' It Is my belief that this proposed method of redistributing reserves will work a large and - unnecessary con traction of credits and a consequent hardship upon, many banks and In dividuals. This would be especially true with the so-called country banks In the agricultural districts, and with many . individual interests In reserve cities where deposits would be great ly restrloted. : '".U- "The. bills receivable of the coun try bank are not and cannot from the nature of Its business be of the char acter required for rediscount by the regional bank. Under the present system the reserve city correspon dent keeps in as close personal touch with the requirements of the coun try bank as with the Individual cus tomer and accepts the-paper of the country bank'" liberally for redis count' V-W j.j 'It would seem, therefore, that lij this redistribution of reserves the present reserve cities should not be entirely, ignored. To do so largely deprives the country bank jof bor rowing accommodations, eliminates that personal relationship of its re. serve agent with Its borrowing needs, and, restricts proper credits unneces sarily in all present reserve cities. No Reason for Government Credit. "There Is no reason why the gov ernment credit should be Involved in the circulating notes which are to be Issued as substitutes for money. They are to be absolutely secured beyond any reasonable probability of loss by tne oeposit or : collateral. None of the principal nations of the world that have in various ways adopted contralized banking and au thorized the Issue of credit instru ments to circulate as substitutes for money havee allied the government credit with the credit of banks in such circulating medium. Such guar anty is unnecessary and might become embarrassing in the event of large gov ernment credit becoming necessary. "The notes should be Issued by the reserve banks for value received as credit Instruments solely, in the same manner as a bank would give credit In a' similar transaction upon a deposit account against which checks could be drawn. In thj latter case the checks would perform the same tunc tlons as the note. "The proposed bill provides for sub Jecting 20 per cent of the assets of national banks to government control II believe this amount should be lim ited to 10 per cent and that member- ship should be optional. , "It Is unjust and un-American that 7400 leading business institutions In their will into a system that is under senting and aggregate of two . billions of capital employed, accumulated an managed with unquestioned ability acd integrity, should be forced agalns1 their wll. Into a system that is under objectionable control. . This great country, was born in a spirit of liber ty and freedom from -oppression, and khat great principle has come down thrqugh the centuries with' added strength In every generation. . Our In stitutions are not run under the lush of the government, but prosper be cause they are founded . upon princi ples of liberty and justice to all people That s, financial system which Is the foundation of the "country's prosperi ty, must in 'order to succeed be found ed upon those, principles goes without saying. . '. : '.;...! Possibility of State Charters. ' "It must not be forgotten that more than TO per' cent in number of the banking Institutions of the coun try are' now doing business under )tate charters. They have prospered and 'are largely satisfied -with their present conditions. If, therefore, any measure is to meet with the success which should attend the": reorganiza tion of the banking system of the country, it must be based upon sound principles and justice and fairness to all. It must inspire , confidence ' and enlist a desire upon the. part of all banks to become members. "It must be borne In mfhd that any system which, curtails the activities of the banks or impairs their ability to serve the business Interests Is no less an injury td those business Interests than the banks. The bankers rely on the prosperity of the people for their own success" Jid seek only a .measure which will establish, a system upon a sound basis. ' "' , "The bill ..' now before congress recognizes some of the principles for which the bankers have long Con tended, narticularlv - the use of com- rmerclal paper as a basis of note Is-t sues. It Is however, beliaved that It contains a number of objectionable features which would be so burden some to banks that some modifies tlons are necessary to secure that co operation which Is required to make such a law a success. "We are loath to believe that the Integrity and the patriotism of bank ers are ..regarded with suspicion by our law-makers; or that It Is believ ed that bankers are not to be trusted In the management of their own bus iness through which the needs of the commerce of the country have been so ably served In the past; or that It Is believed that banking should be more restricted than other classes of business, except as to supervision;, or that - the ' experience of bankers ' in their chosen profession-should not be of value In the preparation of a pew law; or that In the pursuit of poll tic the best thought of the country on so Important a problem will not be DID CHILD IKE UP If tongue IS! sssBsbsbHJ Look, Mother! vvoibcu give . vaiuu: 111a Syrup of Figs." Mother! Your child isn't natural ly cross and peevish. Bee if tongue is -coated; this la a sure sign its little j stomach, liver and bowels need a i cleansing at once. ' ; I When listless, pale, feverish, full of I cold, breath bad, throat sore, docsn"t eat, sleep or act naturclly, has stomach-ache, diarrhoea, - remember, a gentle liver and bowel cleansing should always be the first, treatment given. ' . - - i Nothing equals "California Syrup of Figs" for children's Ills; give a tea- spoonful, and in a few hours all the foul waste, sour bile and fermenting food which 1b cloRged In the -Aowels passs out of the system, and you have well and playful child again. All children love this harmless, delicious fruit laxative," and it never fails to effect a good "Inside" cleansing. Dlr ectlons for babies; children of all ase3 and grown-ups are plainly on the hot tie. - . ... -..-.I Keep it handy in your home. A I little given today Baves a sick child tomorrow, but get the genuine. Ask your druggist for a BO-cent bottle of i California Syrup of Figs," then look and see that it Is made by the "Cali fornia Fig Syrup Company." Count erfeits are being sold here. Don't be fooled! given fair consideration. 'It Is hoped, then, 'that the final results obtained wl:l be such as will permit bankers to retain their self- respect In the controll of their own property and to transact business un der conditions at least as favorable as Is provided for state institutions, through which so large a percentage of the business of the country is now satisfactorily handled." : Come ffow for $est Choice in ffew fall Suits Fall fashions are now fixed and the tendency is slender : to leanness which adds a suggestion of supple litheness to the total of feminine grace. The Oriental idea is still strong, noticeable in the nat ural figure, the drawn-up front draperies and the richness of fabrics and colors. , The smart set plumes itself in velvets, brocades and light weight plushes and in rich woolens, known as- Duvetyn Veloir de Laine and wool bengaline. Ornate brocades, ti nier Jacquard figures and damasse designs are among the novelties. Practical people are strong for cheviots and serg es, wool poplines, prunellas, eponges and a variety of -simple weaves. ." ' ( There is an indescrible poise in the new suits ,when worn according to the mode, every pose a picture. The line between welKdone and over-done is finely drawn. There are practically styles in plenty, and it is to those, ideal and ap proved fashions that we call your chief attention. Prices range from $15, $17.50, $20, $22.50, $25 to $75. ? : Mother Oh. Willie, yon naughty boy. you have been lighting again and lost two of yonr teeth! Willie No, I gln't mother; they are In my pocket. Lon don Answers. , . She Might Bs Right. In the opinion of the average wife her husband ought to- do more of his economizing away from home. Chi cago Record-Herald. The grand essentials of life are some thing to do, something to lore and something to hope for. Thomas Chal mers. ; few presses j)wait your Jnspection The very newest styles are included in this splendid collection of dresses. It has never been our privilege to show a broud?r variety of lovelier fashions than these. They are well worth coin ing in to see. Prices $7.50 to $50. Jhe New fall Coats for Women No more complete gathering of wom en's fall coats has . ever been seen in Asheville. We have included in this stock every good fashion that could win your approval. Every new style, fabric and color is represented. See the showing now while it is at its best I Prices $7.50 to $50. HOTELS AND BOARDING HOUSES LUXURY WITHOUT EXTRAVAGANCE Magnificient Fireproof Structum (i the heart of the Business Dis trict Conducted on the European Plan. , ' " RATES $1.00 UP ..' Club Breakfast from .2 to $1.00. Table D' Hote Luncheon serv ed from 12:00 to 3 p. m., 1.75. Tabln D' Hoto Dinner Serv-Kd from 6:00 p. m. to 8:30 p. m., $1.00. A La Carte Service at all hours. HIGH IN ALTITUDE ONLY 2,250 FEET J. BAYLIS REaTOP. - : - -:. - - Manager Ashevills'a Moit Modern and Un-to-dat natal. Ect and Cold Running Water , . or private Bath in every room. ' FRANK LOUGHRAM . . Owner and Proprietor a CANTON, N. C. .i THE IMPERIAL HOTEL FREE SAMPLE ROOMS STEAM HEATED K. U. GEI Kit, Prof. KATES .0t ELECTKIC LIGHTS D'REB BATH Battery P&r& Hotel OPEN THROUGHOUT THE YEAR. ! ASHEVILLE, X. Famous ILverywhere J. L. ALEXANDER, Prop. HOTEL ENTELLA : . BRYSON CITY Headquarters for traveling : men and lumbermen, Rates f 2 per day Special rates by the month.. ..Bath room. Free sample rooms. Railroad eating house fronting Southern depot. Livery lrt connection. .:' A. W. A ALMA WHEELER, Props. WESTDALE HOTEL 4 Bryson City, N. 0, , Near depot, all newly fur nished. Rates $1 per day. Hot and cold baths. Transit trade solicited. . , : , S. L, TEAGUE, Prop. MISS ROSA PATTON -. PATTON HOUSI Murphy, N. 0. . Th beet and most reasonable house la town, good table, clean beds and bom cooking. Rates II per day. , BRYSON HOTEL Andrews, N. O. Cnder new management . Commercial' Headquarters Ideal location overlooking one of the most beautiful valleys In the mountains of Western North Carolina. A modern, refined, homelike hotel Cuisine unsurpassed. Rates $2.00 per day. . ' A. K. 8PKARS. Prop.' SUYETA PARK HOTEL Open the year round. Modern and convenient for commer- E. EARLE NORMAN, Wayne8ville, N. C. . cial and tourist. Steam heated . HOTEL AETHELWOLD BREVARD, N.O. Rates, $2 per day. Steam heat Hot and Cold Baths, commercial and tourists. Open year round. CHAS. M. COOK Jr., Proprietor Both ...wti... TUESDAYS A special low excursion rate or.60o to Hendersonville and re turn. When in Hendersonville utop at THE ST. JOHN The modern, attractive, big hotel of the town, 'A' high class orchestra. ' . ' . Hotel Sterling CINCINNATI, OHIO. Overlooking New Sin ton Park'. Ever)' room outside with bath, or hot and cold , water. Milk, cream, . vegetables from our oyn farm. American Plan, $2.00, $2.50, $3.00 and $3.50 per day. , ' ,: t. P. Mills, prop., for merly of Hotel Bennett Binphampton, N. Y., and Grand Hotel, New York City.' Sixth, Mound and Kenyon Streets. ' THE OLD FORT INN ' . Old Fort, N. C. ' ;v- Conveniently , located, near depot. Accommodation ; . by day,' week or month. ' .tates Tessonaule. . L. J. Epley, Proprietor. , TT:iT;f.i hWi tr .s i'j u x ti s""hote C'oinnicn lul nml Tourist. Rates 2.00 per day: Hot and cold naths. Special Rates by the Week or Month. . R. P. JAHHETT " Mnnagor Dlllsboro, N. C. GROVE PARK INN , GROVE PARK INN serves Luncheon 1.00 to 2:30 p. m. Dinner, 6:30 to 8:30 p. m. Visitors to Asheville . although not guests of GROVE PARK INN, are invited to dine and inspect the building. . : Special attention given to Luncheon and Dinner Par ties, if notified in advance.' . Orchestra concerts 3:00 to 1:00 p. m., 7:30 to 10:00 p .ra . . WM. S. KENNEY, Mgr. MOUNTAIN MEADOWS INN FAMOUS FOR ITS BEAITV Altitude 3501) feet , Near Asheville, N. O. Located on a high mountain side commanding a superb view ef mountains and valleys. 1300 Ft. higher than Asheville. Large number of rooms with private baths. A delightful feature Is the open air dining room, overlooking the beautiful Swannanoa Valley. You get the comforts of a first olass hotel, with well cooked, fresh vegetables, milk and cream from our own farm. ,; ' The house la supplied with water from good mountain sprinKs." For particulars phone 1971 or address, , . I . MISS TEMPE HAKI1T8, ' ' ''Ashsvilis w. C. It is FORTUNATE for a real merchant if his competitor is a live advertiser who, now and then,' even tries Jtd "set t!:a pace for him. It makes store-maldr-j a t::!i fcr HT
The Asheville Times (Asheville, N.C.)
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Oct. 9, 1913, edition 1
5
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