THE RALEIGH DAILY TIMES, THURSDAY, JANUARY 11, 1912.
T
Prudent Spring
Buyers Are Now
Taking Advantage
Within a few weeks, ''spring Furniture buying
will claim the attention of the masses.
The shrewd buyers arc now.-, taking ' advant
age of our 10 to 20 per cent discount sale.
You can buy the very
you'll have to buy. hit or,
Low Prices-
After Inventory Sale
BOYS' SHOES
LADIES SHOES . . .
CHILDRENS SHOES
Odd Styles in the . . . . . . . . . . . . .
Nemo Corset .... . . . . . ..... .....
LADIES HAND BAGS, 98c.
Ladies and Childrens Sweaters reduced
$4.00, $3.00, $2.0(1 and $1.00
$1.2.'), 98c and 78.
- Calicoes, Cambrics and
yard. -
. .
HUNTER-RAND COMPY
Hall the House Devoted to Shoe.
H. MAHLER'S SONS
Manufacturing
Jewelers.
Regal for Foundation
and
$3.5G-$4f)0
$450-45.00
The prices are popular -ones no 'more than
the ordinary. The comfort, afforded is what
you'd expect to gel in higher priced foot wear.
- In the stylish shapes and leathers.
EDGAR E. BROUGHTON,
FTKXISHDfGS FOR ME3T.
W Fsvettevllle Street, ; Kaleff n, If, C.
Send Us Your Clothes
! We wash with the greatest care and do not injure
the most delicate fabric. Your bundle will be care
fully cared for throughout the entire process and re
turned to you satisfactorily done. ; " -
.Let our wagon call.
I. OAK CITY STEAM LAUNDRY COMPANY.
X17 West Hargett Street RALEIGH, N. C. Both 'Fbonea 87.
I'cr All the News From Everywhere, all the time read
'tii u-
The Italeli
4
,.L
-1
same Furniture
'at a big saving.
that
Big Bargains
.98c.
98c."
..98c.
..$3.00
. ,1.9S
from
$1.75,
"e. per
to $2.75,
$2.23,
TSrowu ' Domest.it
aw ' :
j)aily Time.
I
Comfort
WALL STREET
hull I nuuinui 'a
Are Not Aroused By the Talk
Investigation of the
Money Trust
GLAD TO GET OFF KEG
Investigation of "Money Trust" Hy
Congress Fails to Arouse Incite
ment Among Financiers Tlioy
Take View Thai Legislation Kstiih-I
lisliins a National lle.serve Asso.
elation to Operate Banking Sys.1 -
j
tem is t ertain to He Miaeteti ny
Congress ami Will Kntl Doliiiiiu
uioii of .New York Institutions Ke
ganlless of Proposed Inquiry.
New Vork. Jan. 1 1. Is ilier- ;i
money- t rust . noes mere exist ;i
combination of a few .ureal banks
practically controlling the finaro!:il
.nn.....n.. nf I h1 nntilit.l' ,1 111 1 II ' . I i ' H '
ail the 'big Industrial ami raiiv.-iy!
corporal ions, exercising the in.u-r
01 life or e;itn over any new "ni--.-.
pi-ise projected on a large seal ',
holding tie' key In prosperity or ad
erniiy for. the .whole country'.' These
are the questions that congress pro
poses 10 answer by an invest igiili-ou
01" iliisi whole subject thai. 'is -non to
begin1 'as a. result: -of the persistent ef
forts of Rcprcscntai ive l.indcri'.b. .of
Minipwita, fur an iinpiiry into tie1
cliaWelcr and habit.-: of what li -!"
Kcrilipj ;is "the father of all l'-"
trii-fs." The charge, tlmt .siu-h a
i.oiiihitialiiin exists hits figure I in
every political Campaign for '..Mi'
post i wo decades and lias furnisli'd
the inspiration for oratorical efforts
lining hundreds of pages of the M:i
gressional Record. The work of ue
investigating eotiiniittee, therefore,
will be watched with great iiiterc-.it
by the general public and if any
clear-cut and definite conclusions
are arrived at they are likely to ex
ercise, a deefded influence upon the
future course of legislation dealing
Willi the control of corporate enter
prises.. If there really exists any such aP
powcrful' financial octopus as has
been described many times in .con
gressional, speeches, the commiiree
should find little Olfticitlty in traik
ing ft to its lair. They will find i's
liahitat witliliv an area less than a.
(uarter-mlle.. stjuare. near the sort! -ern
tip of Manhattan Island, iiourd
ed by Uroadway, Fulton and Wil
liam streets, ' and known to the
world at larf-'o as Wall Street, (l
thoti:h this is only one of its dozen
or more thoroughfares.. Hero j.s lo
cated the greatest aggregation .of.. A
tiaticiariustitutions to he found with
in a similar range of 'space anv
wiiore in the country the -National
("ity Bank with its double row of
pillars standing guard over nearly
SI'MO. 000,0(11.1 in deposits, the Cnar
anty Trust t'oiiipany with the largest
deposits of any institu'ion of its own
Allien.' ttm ii.,ii-i,ffiil I.'le, V.,l!...inl
n.,a.V, ,hiriv.ti.r..'.. hnm t
of the Bankers' Trust Company on
one of 'the upper floors of wfik-h J
I'ierpout .Morgan is to have his pri
vate oflices as soon as the buildiii:
is completed. Standing on the cor-i
ner 'where: Broad and Nassau streets
ioin with Willi, one could .ilinosf '
throw a stone to hit a majorHy ofjtlonably the tendency of what Pro
the seven institutions which Con-
gressnian Lindbergh desighws or
dominating the entire financial sys
tem of the country, as well as ihe
offices of many of the great inter
natlcmal banking firms.
It is noteworthy however, that,
tho proposal for a thorough beating
of the bushes in an effort to bring
the fiuaticial dragon out. of- hiding
has created less interest and aroused
Makes a Bad Cough Vanish
Quickly-oMoney Back
The Qulckett, Surest Cough' Remedy
You Ever Used. Family 8upply
for 50c Save You $2.
You have oever used anything which
takei hold of a bad cough and couquen it
o quickly an Pinex Cough Syrup. Give
almoKf instant relief and usiinlly stops
the most obstinate, deep-seated cough in
Hi hours. Uuaraateed to give prompt and
Kositive reaulw even in cruup and w hoop
i( cough.
Pinei is a special and hitilily concen
trated compound of Norway White Pine
extract, rich iu guaiacol ami other heal
jog pine elements, A fM-cenf bottle makes
a pmt-a family supply of the best
eottgii remedy tlmt money can buy, at a
saving of $2. Btinply mix with home
made sugar uyrnp or strained liouey, in a
pint bottle, and if is ready for use. Easily
prepared in 5 minutes directions la
jiacknge.
t;iiildn like Finei .Obugh. Syran It
tastes good, and M prompt, safe remedy
for old or young, Htimulates the appetite
nd is slightly ldlotlve-Mioth good fea
ture.. A linndy household roedidne for
boarseneg, nathma bronchitis, etc and
uamtHially ffmtiv for. hit ipient luo
troubles. Fsed In ' Mora, boves la the
TT. 8. ahd Vtooda than any other cough
remedy. . ' , u
Pipex ha often beon imitated, but
m. ifiv USS fM irni (faw-v; "
never sucoemifully, ,for nothing lse will
?JIJ!Z
or money refunded, Crtltlcst of guar-;
. ante is wntppeJ iM oeh- nsekair,' Ypur raore certain the ensctment of nieas-
i, -i .rt-Arx7Tri: -4'"-; ,-j - if-AM.,; "h,--t
-',.-t:-i;':":'.' "1'',fr .:s:;rKx'T'V:-i ' '' ' "'V""-:;i' - i
' V-'-t..;".-?-c.? ''-i'-Xf''
,-v.v ;,(..;,- .,, : .v. $v-t.tf-,--jr7:f. :.? $ , .-.J :i-v;.- -f Aa:T
m m in
ssssssssssstsssasMSsBBSSsssssss---s.
fVo Other Emnlsloa Bas The Quality
There Are Two Sizes 16 oz. and'"
8 oz. Each Brown Bottles Only. '
No fw?To. Eat Up Quantity
All Dr&sufreGlad to Selllt
Children, Love It Tastes Good
, in.. 1 ' .
I sample isotue rree oy ran
That those Who ire seeking health and
strength for themselves, children, rela-
Uvea ' "jj"4? 'TTwfZl'
plvlnK propcrtkw of this exclusive Xnr-
way koI! medal najnlzed cod liver oil
medicinal food etnuMnn as well ns to
know Ozonmlflon ' Rtiperlof ity In being
most palatable and easy tn take a gen
erous 3-oa bottle will be pent by mall to
those who send addre.-v -cs bv p.i lc.-o d or
letter -( Oitumiilsion, .'.c: I'. crl St . V V.
less discussion In downtown Man
i hattan than in almost any other part.
of the country. This is .not -he
usual effect of a legislative or le;al
assault. Only a few months ago the
filing of an action against, the Steel :try. Thn present condition was gra
Corporation sent the. price of s-.ocks .. phically expressed by I'aul M. Wn"
ttimhling, while the mere runt or of burg, of l uhii, l.oeb .C- Co , in -a re
ap investigation or n suit has many
times sent financial chills running
up and down-.' the spines of Wall
Street leaders. The. comparative .in
difference with which the present, in
quiry is regarded -might, he attribut
ed naturally lo one of two re.iiion:-,,
l itlier that the financiers -are secure
in t lie knowledge of their own ip-
mil-
nee or that they feel themselves
sn firmly tntrenohed that they do not
1 elieve that even congress can shake
their power. Neither of these is th
true explanation, however, accord
ing to men who are in close to'.ieh
vith the big bankers and are famil
iar with the affairs of their instU.it
t ions.
"The fact Is that Wall Street al
ready has discounted any possible
results of an Investigation into its
relations to the financial affairs of
the country," said a banker connec;
ed with one of the institutions' aim
ed at in the congressional resolution
when induced to speak freely oii'.thiu
subject by the promise that his name
would not be- used. "While it is
ridiculous to assert that there is any
such thing as a money trust in the
sense in wliiclirthe word is apid'ed
to tlie big industrial corporation's.,' or
that any group of banks, here or
elsewhere,-, could seriously affect the
general prosperity' of the country, it
is true beyond question that ;!'
New York batiks have exercised, and
Still exercise, an important Influence
over the financial system of the
country. This is shown "learly
enough by the fact that in times of
stress or panic New York is e'alie-d
upon to take the situation, which
sometimes it is able to do and some
times not. It is true also that with
in the past few years there has been
a marked tendency to combination
ailil CliUSOl IIUU 11111 BMIUIIK
the bis
hanks. . This h as been due io the
fact that these Institutions have ben:
compdled by the very conditions of :
our banking system to extend their;
resources ill every possible way in
or,1,'r to meet the demands wtain
,0 1)0 n"",,' ",on them wh,'nPVOri
I'-'UH K
onditions arise. Unqiies -
fessor l.aiigblin, of '-Chicago, lins
dtilihed our fi'inlal system of iinnnee,
In which the weaker financial In
stitutions are dependent upon the
stronger, is to bring into exlstf nee
in -'the financial 'capital of the coun
try a .dominant, centralized, ,invgii
lated control of credit that is in ef
fect, though not necessarily in form,
practically a hanking trust. The in
centive to this result is contained In
the very construction of our present
banking system anil the movement
could not he halted by congress or
any other power except by a r-hnnge
of i his system
"On the other hand, before ever
congress gave serious consideration
10 the question of probing the al
leged money irust,' Wall Street be
came convinced that the financial
system was to bo changed
strong popular demand, for banking'
and currency legislation fetter,
adapted to the needs of legltiiiatel
business that has been gathering.
force ever since the panic of 1!M7,
cannot much longer be denied. It Is
practically certain that such legisla
tion will be enanted.by the existing
congress either during Its present
lession or at the following one. And
nobody realizes better than the Wall!
Street bankers thnt anv new leclsli
tion will remove any possibility o
. .
domination ot the country s nnanc iai
system by them. That is what 1
mean by saying that Wall Street has
discounted the effect of the proposed
congressional inquiry. Foreseeing;
that their sceptre is about ,j to pass
they anticipated no embarrassing re
sults from the approaching Invests
gatjon.. . Personally , I think, that th
investigation will be a good thing if
--- - v .
it will bring clearly before the coun-
ttryihe' centralizing tendency pf our
present banking laws and a oak ;
patt .of, .the. country,, wtth thef ppsal-ble-exception'
of the small specnla
tlve element of the stock exchanges.
K "In the mere matter of gixe, In
spite, of the rapid growth, of wme
of our financial Institutions, jve
have no banks to compare with those
of Europe.. It would be easy to
name offhand half a dozen or tnore
foreign institutibns that far exceed
the greatest banks in this -country.
In making-this statement 1 do not
refer to the stae banks such an the
Bank of France . or..-the- Bank-' of
England, but to privately controlled
institutions such: aro': k iown Jn
England as joint-stock .benka. -There
are no less than six of tUesw in Lon
don alone, ersater than. -the. largest
In the United States. :A.monij these
the Lloyds with $38O,WOli00. de
posits, the London County 'ind Westminster-with
$365,000,00(j, the Lon
don City and Midland with,
000,000 arid the National Provincial
with SOO,000,600. In Franco,: we
find the Credit Lyonnote with de
posits of 1366,000,000,,, 'snihft
Comptoir d'Escompto-.. with" oyer
jiiin.OOO.OOO, while in Cerniany the
rietilHche Bank liaa $310,000,000.
Compared to these great private
banks the largest of our American
institutions seem relatively puny."
' Realizing that their '.control over
the credit facilities of the f Jhntry in
certain to be taken away in the near
future, the metropolitan leuders ap
parently have analyzed the 'situation
and have concluded thet in lie end
this result may he of hene ir. to them
rtu it nil ou t-rk tfin tne, nf tllil ,rinli.
I
cent address when he i-ald ''Wall
Street. Is a leader st!!tn on a k"p
of .'dynamite.'". Now lha-' ihi-i dan
gerous throne s'-em-t likely to.be re
moved by leglslitio'i (teaiinj; a na
tional reserve asjiiciiiiion to operate
the ti.iiiking and currency system of
the country,' Wall Rtraet has con-
linleil thai a place in the ranks will
be mure comfortable if less infliien-
lial. Only a few individuals ever
have profited by panics and the A all
Street leaders wisely agree that in
the long run a financial system that
tends to the general prosperity of
tlie country will be of greater bene
fit to them, as well as to (he rest
of the country than one that in
volves frequent panic and general
loss'
Mail Carriers Will Fly.
This in an age of great discoveries.
Progress rides on the air. Soon we
may see Cncle Sam's mail carriers
Hying in all directions, transporting
mail. People take a wonderful in
terest in a discovery that benefits
them. That's why Dr. King's New
Discovery for coughs, colds and oth
er throat and lung diseases is the
most popular medicine in America.
'-It cured me of a dreadful rough,"
writes Airs. J. F. Davis, Stickney
Corner, Me., "after doctor's treat
ment and all other remodies had
failed." For roughs, colds or any
bronchial affection its unequaled.
Price joe and $1.00. Trial bottle
free at King-Crowell Drug Co.
r.T.T .WOTIIK.n DKMOCUAT.
Kansas District Fleets Deniocrntir
Coii)ire.Kmaii.
Iliitchinson, Kas., Jan. li Re
turns from yesterday's "seventy"
district congressional election shows
the election of (ieorce A. N'eelev.
,iemocrai. to succeed the lme K. II.
ja,iiti0ni hv a ,,,-joritv of 1,500.
-. sM1,ort,M f Siieaker Chiiinn
j ciark predicts he will get the dele-
gaUon to the na ional convention,
The -big seventy" district has
. i,rPn republican since 1000.
FREE
PI LE
REMEDY
Sent to Demonstrate the Merits of
Pymmid Pile Remedy.
What It Has Done for Others, It
Can Do for You.
We havo testimonials by Ihe hun
dreds showing all stages, kinds and
degrees of piles which have been
cured by Pyramid Pile Remedy.
If you could read these unRollcit
ed letters you would no donbt'go lo
rhQithe nearest drug store and buy' h
bo!! r ''ramld Pile Kemedy at once
'r"B "" cenis.
"ol W to do tnis.
Send 118 Jour name and address and
we will send you a trial package py
mail, free.
We know what the trial package
will do, In mfany cases it has cured
piles without further treatment. If
11 Drove8 value; to you, order
0Te rom 5"our druggist, at 50c a
uux. inis is jair, is it not! simply
cut out free coupon below and mail
I rnrlav tvltl, inn. mbma J i A n
today, with your name and address
on a slip of paper, to tlie Pyramid
orug Cp., 425 Pyramid Bldg., Mar
shall, Mich., and a sample will be
sent you FREE,
I I II i Merchants Katiosud B
& l''r''ynK . , .,,
A. '.-v-vv - ; ? -iwyi--"-'. "v"
,i'r'"v AV... ' -.. . ,:M.-v:.r ---;"' V'-"'' '
:''' ."'- ,, ; "' :. .- " '-v. -." -.
Children Cry
The Kind Yon Have Always
In use for over 30 yean,
ana lias been made under his per
' Bonal "npervlsion since its Infancy.
X4Ctfi :. Allnw nn nna n 1nnt.ra ,mn In tula
All Counterfeits, Imitations and "Just-as-good" are but
Experiments that trifle with arid endanger the health of '
Infants and Children Experience against Experiment.
What is CASTORIA
Castoria is a harmless substitute for Castor Oil, Pare
goric, Props and Soothing. Syrups. It Is Pleasant. It
contains neither Opium, Morphine nor other Narcotic
Hubstanec. Its age is its guarantee. It destroys Worms
and nUays Fcverlshness. It cures Diarrhoea and Wind
Colic. It relieves Teething Troubles, cures Constipation
and Flatulency. It assimilates the Food, regulates the
- Stomach and Iiowcls, giving healthy and natural sleep.
The Children's Panacea Tho Mother's Friend.
GENUINE CASTORIA ALWAYS
) Bears the
In Use For
TMt CCNTAUS COMPANY, T
' t 9i 9
The Kind You Have Always Bought
4
tl -
B-y -
1WM
WILE BUY
Tliri-e-.iuarter of an ae:e on Y'est Pence Street, Cllenwood. This
lot i.-i feet on Peace street and runs hack along the line of the
Xorfiilk Routliern Ualbciad 2nn feiM to' ;1 -j) foot aP'-y.
On this lot is a inoilerii four loom house with bath and electric
lights, live vacant lots, a splendid location tor a wood, coal and
lumber yard, other residences or a factorv.
$2,.00.00 would not buy this propel ry lint for (lie fact I want to
invest th'e money elsewhere, the rent will pay the interest on $2,
,"00. nn. Pee ine if you want a fine investment
JAMES A. SANDERS.
Save 15 to 20 Per Cent,
By buying your Patent Altsllcines and Toilet Articles
..IT :- ". '- '.''"
ROBERTSON'S CUT RATE STORE
In 'arhoroiiph lluildintr, Alniost in l-oiit f Court House.
Wo nlso handle
KOIU, C'lG AIlS, STATION KItV .1X1) r.lXDV.'
" CVNAItV AM) CAC.K, $5.00.
Slashing, Smashing
- 20 Per Cent
Discount Sale
SLASH Every thiriijpKipiipally cut in two. Big
gest sale on record in our establishment.
SMASH Go the Fall and Winter priees. We havo
marked all our goods down 20 per cent., especially
for this' sale. - . - '
. DASH To our shop before the big rush that's
bound to come, However, every one will be takn
care of courteouslj AN big day doesn 't fuss us up
at all we love it. V . . .
CASH Can be saved if you'll come in and nee
our wonderful bargains. You are welcome to tho
Slashing, Smashing P ishing Sale, beginning Janu
ary 3 '12, at the busy place of , . .
A. e. HIWTOW,
, i n- .ill QTHfABOLlXA,8f10EM08'F TAnX)rt.
3.. .
for Fiotchoo
Bought, andi -rliicb hoa been
has borne the "signature of
Signature of
Over 30 Years
MUBB.r STKrlT. NrW VOSK CITV.
5 ft A A
v
i:
ii
)0V