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Today s News
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THIRTY-SEVE mi YEAR
nniininnun unnnr I
oMtlHBtll;
SUFFERING INTENSE
ASaiftf ......
Trenches Are Flooded Oyer
Their Tops and Great Num
bers Drown
ELECTRIC CURRENT
TURNED OFF WIRES
Little Groups Huddled On
Islets and Helpless Killed
by Artillery Fire
FT", t-
Paris, Nov. 17. Conditions iu the
flooded districts of the fighting1 zone
in northwestern Belgium wero fright
ful today almoBt beyond belief.
From Dlximule to the coast rte Our
man trenches were flooded above thoir
tops. Great numbers of the kaiser's
troops were drowned. Numerous small
ftomiunnds were marooned on small
islets of high land, where tho allies'
artillery wiped them out, while they
buddlvii together powerless to resist.
In other places, where the Germans
bud the better of the fightiug, tho al
lies' troops stood knee deep , iu icy
water, holding their positions iu the
face of a terrific fire.
Both sides had cut off the electric
current from the barbed wire entangle
ments, owing to the danger of electro
cuting their own men.
In this Bren no Important movement
either of trnops or of guns was pos
sible. Between' Arnientieres and LaBiisse
there wns again ferocious fighting. The
(Sermons hud also resumed their attack
on Kheims nnd their shells wero fulling
in the toiww . . ..
Fighting in BUzzard.
London, Nov., J7. Following the re
pulse of a fierce German attack near
Vpres, Monday, the allies were on the
offensive In the Vpres region today,!
messages from tho front stated.
A veritable blizzard was reported in ;
progress but It was said fighting went !
on, nevertheless. j
The Daily Mail's Dunkirk correspond-I
ent estimated that the Germans lost'
100,000 men in the past four davs Strug-'
glo in Belgium.
Here Are a Few of the Larger
Sums Spent in Aid of Meas
ures and Candidates
Orlou I!. Goodwin, trustee of the com
mittee of one hundred, of Portland, ox
pen led $10,0Uli.,r,M in the recent election
P" Himpuigii to assist in making Oregon
dry. Governor-elect Withycombe, ac
cording to his statement, of campaign
expenses filed with tiie s clary ot
slate yesterday, expended a total of
Milium in the furtherance of his candi
dacy for gubernatorial honors und Fred
erick Jlolllstor, democratic candidate
for congressman iu this district against
I'ongrosMiinn llnwlcy, paid out $011.40
on nisown account. Lester W. Hum
phreys, assistant treasurer of the demo
cratic state cental committee, paid out
a total of $(111:1.72, and Floyd llilyen,
treasurer of the same organisation, ex
pended $0(i:i7.7S on behalf of the deni
ocralic candidates oh the state ticket.
M. ,1. Walto, secretary of the Smith
campaign committee, expended Ah'.'I.O"
in the Interests of Dr. C. .1. Smith's can
didacy for the governorship; A. S. Meti
s's nett, of The Dalles, spent $."imj In be
half of Judge William Galloway In the
race for the supreme court bench, anil
1-nur.i .1. Tweedy expended $100 in the
"id of the candidacy of I'. H. Sonutoi
'hn nherlaln for re election. The Coos
county democratic eentinl committee
expended KHl7.fS In behalf of the ran-dida-y
of Frederick .llollister for con
gressman! W, M. Davis spent $12.1 In
support of the Initiative measure to ex
tend the terms of county officers, nnd
:tH(.07 in S'lvl, sting the lion partisan
judiciary bill. 8. A. Karnes, treusurer
of the Kastern Oregon stnte normal
school campaign committee, expended
'-'(.sli.;!.1; In tiie effort to re-establish
the normal tchool at Weston, and the
Oregon Society for Dental (education
spent (II 111. ,14 in opposing "I'ainless"
Parker's dental Mil.
CIIRISTI AM A, Norway, Nov. 17.
That the German cruiser Berlin hd in
ternrd nt Trondhjcm was officially an
nounced today. Knrlior In the day the
llrrlin was reported o.t Trondhjem, sup
posedly convoying a flotilla of destroy
ers, which were believed to have estab
lished a' base in Norwegian waters.
What mishap befell the cruiser to com
pel it to interne was not known.
)
One Case" at Spokane
Washington, Nov. 17. The
department of agriculture an-
nounced today it undoubtedly
loon would quarantine the state
of Washington. It was said
that a ease of foot and mouth
disonso had been discovered at
Spokane.
COUNCIL COMES
THE CITY BUDGET
Every Department and
a Total
Reduction Is Made of
$16,902.20
A budget calling for $173,915.80 for
the expenses of the city of Salem for
the ensuing year was made tip last
night in the city council meeting.
Every single item with tho exception
of the bonded indebtedness and fixed
expenses was cut te the bone where
possible. One ortwo were raised above
the amount asked by the chairman of
the sommittees handling thoso depart
ments. A cut of $120(10 was madj in
the police budget. Councilman Voa
Eschen asked for $0000 to run that de
partment but tho council reduced it to
$4,200 which will provido for four
policemen and allow $000 of this sum
for extras in the summer time.
The fire and wator committee asked
for $13,780 for salaries of firemen and
maintuinaneo for the department but
this sum was cut to $12,S,)f which will
provido for a reduction In tho sulniies
of the paiil firemen and a certain num
ber of cull men. Last year the fiio de
partment received $14,1)00 in the
budget,
The City Hydrants.
An item of $4HO0 for wnter supply
for fire hydrants aroused considerable
discussion ns this would onlv provide
for 100 hydrants at $2.50 per month,
which price was fixed ns just an 1 rea
sonable by the order of the railroad
commission. The city holds a contract
with the water company which ecu
tract was one of tho stipulations when
the franchise vis granted to tho water
company, stating that. $l.h2 per
hydrant shall bo the maximum chiugo.
Tho city attorney was constrai lod to
hold that the powers of tho railroad
commission did not extend to tho
franchise provisions of the water com
pnny and that the commission could not
order the revoculiin of a contract be
tween the city and tho water company.
In this event the city would be justified
in holding tho wuler company to tho
original contract price regardless of the
order of the commission affecting tin
wnter users of this city.
Will Furnish Work.
The item of $4,H00 was finally passed
in a lump sum without stating the num
ber of hvdrnnts or the price for each.
The sum of $3000 was allowed for
engineering and surveying ns against
$4,."i0 for Inst year and a number of
sninller nppropriutions were reduced as
well as a few elminiiuited from Inst
year's budget. The sum of $1000 wns
Kouht for maintenance, of'piihllc build
ln;;s and ns $000 of this sum nlouc was
to be used for insurance it was voted
to place $1,300 in this fund so that the
roof of the city hall might be painted
nnd repaired. The sum of $f()00 was
set aside to provide for new sewers and
Councilman Sniithwick spoke In favor
of Increasing this sum to just as much
ns the city could stand because he said
that the present indications were thnt
the city would have to provide charity
for some of the people of this city before
spring nuvwny, and if the city hud
work In ilo it could give some of the
deserviii( Idle men work to do. Ac
cordingly it was voted to Incrensc this
sum to $7000 with the provision that all
new sewers Installed should be done by
the city and not by contract nnd that
it should be done hv ilil v labor.
Reduction Is $10,902.20.
This Item completed the budget for
next venr and made a grand total of
$l".1,IH0.mi, Kxclusive ot the sewer
fund the budget of the general fund for
this venr wns a decrease of $l(llO2.20
over 'Inst year's budget of $117,239,00
for the general fund and the street fund
nlsn shows n decrease of $79110 over last
year's budget. The policy of tho coun
cil wns to retrench on nil city expenses
and even after the committee iia 1 cut
their individual budgets to th' tpiuk
the council lopped off a total of $.1087
more but ndded $2U.'iO to some of the
Items which were considered to be
necesssrv.
The budget In full for 191 5 follows;
General Fund.
ltecorder's Salary $1.2000.00
Clerk hire '. 1,700.00
Treasurer's salary 1,000.00
City Attorney 1,1100.00
Stenographer, eltr attorney 300.00
Marshall's salary 1,500.00
Salaries police department 4,2(10.00
Kxpenso, city Jail 000.00
Salaries, firemen und main
tenance fire department 12,R3!5.00
Health officer 600.00
Incidental expenses, health
officer 1500.00
Public parks 2,000.00
Lighting - I8.m0.00
(Engineering and surveying 3,000,00
Bond redemption 3.S02.00
Public library, maintenance,
'operating and betterments.... 11,300.00
Kloetinn 1,500.00
Maintenance of public build-
tnir t, 500.00
Public printing .. 1,500.00
MEXICAN SITUATION
Li
RAPDLY
PEACE IS III SIGHT
Carranza and Gutierrez Agree
and Their Generals Stand
by Them
EX-PRESIDENT WILL
LOCATE IN SAVANNAH
Villa Expected to Leave Soon
Evacuation of Vera Cruz
Begins Monday
(By John Edwin Nevin.)
Washington, Nov. 17. Satisfied that
peace in Mexico - is very near, govern
ment officials here were considering to
day the best means of aiding in the
restoration of the republic to normal
conditions. Reports that Provisional
President Carranza was inclined to
hedge on his promise to quit 'were dis
credited in official circles here.
The United States will not ask Mou
ieo to pay any indemnity or to pay tho
expenses of the American occupation of
Vera Cruz.
"The United States will not mako
any claims on Mexico," said a high
government official. "Such action now
would be equivalent to asking a bank
rupt who had failed for 100 per cent
to pay his creditors in full on the pen
alty of going to jail.
"What wo wnnt to do is to rostoro
the republic and- we will try to aid it
to secure the necessary cash. Because
of "the European war Mexico must de
pend Oft the United States and South
American countries for tho money."
It waB expected here that Carranza
would leave for Savannah, Ga., within
n fortnight for a lengthy stay. The
prediction was freely made hero that ho
would lenve before the evacuation of
Vera Cruz starts next Monday. General
Francisco Villa also was expected to
come to Washington to see Secretary
Bnnn and others.
Secretary Bryan could not explain
why Carranza hns nut quit yet but was
certnin he would lonvo Mexico soon.
Administration officiuls worn confident
that only unforeseen complications can
upset the peace program now.
Conditions Agreed On.
Washington, Nov. 17. Diplomatic.
Agent John R. Silliman wired Secretary
of State Itrvan today that Provisional
President Carrana of Mexico had
agreed to eliminate himself under cer
tnin conditions and that General Gutier
rez had agreed to these conditions. The
dispatch was based on information Silli
man had gleaned from M"xicnn news
papers. The conditions named oy Car
rnnra were not stated.
SiHiiuun wired that Mexican news
papers said General Ohreiron and Gen
eral Gonzales hnd accepted the negotia
tions between Cnrrnnza and Gutierrez.
The state department was nimble to
confirm reports that General Villa will
retire but Secretary Bryan snid he un
derstood the conditions of Cnvraii",a 's
retirement provided that Villa quit
also.
General Tiliss telegraphed tho war
department that fighting at long range
continued nt Naco, Sonora, but that the
casualties were sninll.
NINE TEAMS TIED
FOR FIRST PLACE
New York,' Nov. 17. At 8 n. m. to
day nine teams were tied for first place
in the six day bicycle race in progress
at Madison Square Garden. Each had
made UNO miles and 7 laps.
The Cameron-Kaiser, Bedell-BodoH,
IiyanWohlrnli, Thoinnsllnnlev and Mitten-Anderson
teams were a tap behind;
the Piercy-Cavannugli and tho Dupuy
Sears teams were three laps behind. The
Kopsltyllanseu team was seven laps be
hind. Fuel, city hall 000.00
Incidental expenses of city 1,500.00
Salary, police matron '. 000.00
Salary, police matron I. E. depot 120.00
Installation ami niointeiianco
fire hydrants 500.00
Water supply fire hydrants,
per month 4,HO0.0O
Interest and installment of
city bonds other than sew
ers .... 12,002.50
Maintenance of band 2,000.00
Deputy henlth officer 000.00
Redemption of sinking fund
loen 10,157,30
Sub total $100,3.10.80
Street Fund.
Salary Street Commissioner.... 1,080.00
Mnterinls and labor, street de
partment 15,000.00
Construction and maintenance
city bridges 4,000.00
Sub total forwarded $20,040.00
Sp octal Bewer Funds.
Installments $2i,0ii0,
Interest 2,500
$40,500.00
New sewers 7,000.00
$53,500.00
Orand total ..... $173,910.80
SALEM, OREGON, TUESDAY, NOVEMBER 17, 1914
Death
Penalty jAboKs
Wished
Portland, Or., Nov. 17. Com-
plete unofficial returns . from
every county in the state today
indicated that th voters -on
November 3 abolished capital
punishment in the stnte of Ore-
. gon by a majority of 90.
If the unofficial figures are
borne out by the official count,
two condemned murderers in the
state penitentiary at Salem,
will escape the noose.
COMPLETES BUDGET
Agrees On Sums Necessary
for Conducting the State s
Institutions
The state board of! control, after
nearly a woek's intermittent sittings
in consideration of the estimates of
the superintendents nf the ninA atnto
institutions in and near Salem for
funds for the ensuing two-year period,
finally concluded its labors yesterday
and the combined total of appropria
tions for all of the institutions which
it will recommend to the coming legis
lature will be $1,703,510.03, as compar
ed to the appropriations of two years
aifO When the letHfllntnrn nm,rnr.nolnH
$1,065,501.61 for these same institu
UIIIIS. .
The largest items In the bmlnn m
the approaching legislature are the re
commendations for approprii'.tirns for
ncu.uiu maintenance or tne state in
sane asvlum. main biitlitlnir n.-!,!.
estimated at $012,000, as compared to
?in,in iwo years ago; $175,5('0 for
tho eastern Oreron brnmO, r,f tl, i.
sane asylum for 1K15-10, as compared
io im,:uu iwo yenrs ago, a reduction
of $1 1,040, and (ilSO.OOO fnr the peni
tentiary for the ensuing biennium, as
compared to $147,000 two venro .,.
The increase in the ms'ntenance fundi
for tho insnno asylum nnd the peni
tentiary were due to the rnpidlv in
creasing population of these institu
tions and were considered absolutely
iiecesHiirv.
Recommended Additions.
In the case of the tuberculosis hos
pital the cede nlrendv nrnv!.1 nn ...
nual appropriation of $25,000 for the
siippon or mis institution nnd the
bourd recommends na additional $8
per annum on account of the growth of
the sanitarium, and in the case of tli
soldiers' home an annual appropria
tion of $12,000 la tm:.l.l i, il, .!..
and the board recommends" an addi
tional jia.000 for the bienniiim. The
total appropriations for nil institutions
as will bo recommended by the board
of control, as compared to the appro
priations of two years ngo. follow:
Bienniiim l!)ir.lQm
Oregon state hospital 77.(,7K
r.. w. mare nuspitui 315.050
Penitentiary 1H8.300
Feeble-minded institution ... .Willis
Reform selimtl ... nuinic
Tuberculosis hospital MO0i1
mum scnooi -i7,iS!
Deaf-mute school 5H 77ii
Girls' reformatory sn kTH
Soldiers' home 37 34!'
Total $1,703,51'
Blennlum loi.i.taii
Oregon state hospital $ tl4.333
h. 4). state hospital 2S4 H'2:)
Penitentiary 203.500
Feeble-minded institution ... 202.244
Reform school 7:;,45'
Tuberculosis hospital S.'t.OOt
Blind school 37,2,1,:
Deaf mute school 7iyi50
Girls' reformatory flu mm
Soldiers' hemo 67.00C
Total $1,035 .W2
The total Hnnrimriutiiinii na ilhiu-n
above Indudo the iininiints to be recom
mended for repairs, improvements, ad
ditions and betterments for the several
Institutions.
GALVESTON HAS BIO FIRE.
Oalveston. Texns. Nov. 17.
Nine hundred ami fifty thou-
siin.i bushels of wheat and the
Southern Pacific ' grain elc-
vntor wero destroyed by fire
this afternoon. The loss was
-stlmated at nioio than $1,500,-
000.
The fire was controlled at a
Into hour this afternoon, The
origin of the conflagration was
$i not known.
The Weather
Fair tonight and
Wednesday; east
erly winds.
r T'i A- B-rf)
11 OFFICE CLAIMS
Ti BIG VICTORIES
OVER THE RUSSIANS
Germans Say Victories So Im
portant Western War Zone
Was Forgotten
give way n
Czar
Loses Half An Armv
CorpsGermans and Aus
trian Take Of ensive
Berlin, by wireless via Sayville, Nov.
17. Victories so important that the
public nearly forgot the situation in tho
western zone ware announced hore by
the war office today over the Russians
on the eastern frontier.
Whether or not the Slav advonce hod
been definitely checked was not known
certainly but there was no auestion
that the confusion into which the czar's
forces had been thrown and tho posi
tions they had been compelled to accept
had enormously increased their dif
ficulties. The Gormaa situation, on the
contrary, was all that could bo desired
strategically.
In tho most Important of the east
ern engagements tho Russians, pushing
toward tho frontier, had been driven
back until tho Vistula divided the op
posing armies. From the vicinity of
Solilan they had been hurled back upon
the ton of Plock, in Kusslan Poland.
The army defeated by General Von
Hindenberg on the East Prussian fron
tier, had retreated to Kutno.
The czar's losses iu the Intest en
counters were said at least to exceed a
full army corps, prisoners being in
cluded. . . '
Tn Servia, operating independently,
the Austrinns were reported to have
enptured the towas of Veljcvo and
Obrenovac.
Interest lagged In the western cam
paign partly for the reason that tho
sevora weathor had Interferred with
fighting to such nn extent as to make
any important changes on cither sido
practically Impossible.
The English Version.
London, Nov.-17. Though latest ac
counts from the eastern field of war
indicated that hostilities wero rapidly
developing at many points along the
line from tho Baltic to the Carpathians,
not much fresh news was available to
day. Nothing had been heard from Ttorlin
through any of the various channels by
means of which German advices reach
here nnd if the Petrograd war office
had furnished information to the cor
responding department in Loudon the
latter was withholding it.
Unofficial reports, however, were to
'the effect that fighting was in progress
from the vicinity of Thorn, in Knst
Prussia, to the neighborhood of Plock,
in Russian Poland. To the general sur-
firiso, too, it was learned that Cracow
tad already been invested and was
burning.
The decisive engagement In the east,
however, was looked for along the lino
from Thorn, through Posen, to Hreslnii.
At all these strongly defended points
the Germans wero said to have concen
trated powerful forces to meet the ad
vancing Russians. The beginning of a
conflict between the opposing onnies
was expected In the very near futuro
and experts said If the Russians won,
it would be fair to expect a speedy end
ing of the wnr. They think very likely
however that the battle would lust
many days.
KUJED BY LOVER
Emma Ulrich, Aged 21, Is Shot
to Death as She Reached
Door of Her Home
Portland, Ore., Nov. 17. Known tc
have been madly infatuated with the
girl who hnd spurned his advances on
many occasions, Fred Trnunson, n
young elevator ncrntor, is being
sought by the police today In connec
tion with the shouting and killing of
Miss Krema V I rich, 21, a pretty stenug
rnpher, at her home In South Portltin-1
last night.
Five shots were fired at Miss 1'lrlch,
the last taking effect In the back of
her head ss sn, wildly fleeing, open
ed the kitchen door of her home, she
fell dead In the presence of her mo
ther, Mrs. Cnrl Smith, and her little
brother and sister.
The police declare the description
given by several persons who saw the
man lurking In the vicinity of Misi
Ulrich 's home Just before the shooting
Inst night, fits Triunson exactly,
PRICE TWO
ivui utubo vi vuaic
Amsterdam, Nov. 17. A
grave two yards wide and four
miles long is one reminder of
the fighting thus far in Galicia,
it is stated in a letter from a
Galician priest published here
today by the Nieuw Rotter
damsche Courant. In this
grave, said the writer, Austriuns
were buried in three layers to
the number of about 40,000.
Norway and Sweden Feel Ef
fects of War as Badly as
the Warring Countries
Stockholm, Oct. 21. (By mall to New
York.) Industrial conditions through
out Scandiaavia are deplorable as a re
sult of the European war.
In a senso, they are perhaps worse
than in the countries actually engnged
in fighting for In them there is nt least
employment on the battle fields.
There is hardly an industry which
has not been paralyzed by the conflict,
and the country is filled with the in
voluntarily idle. Tho winter seems
certain to be a terrible one.
Earlier in the war there was unquos
tionably considerable trading in contra
band, with Germany, but this has boon
practically,, if not quite stopped by the
severity of tho British blockade. In
deed, there is little shipping of any sort,
owing to the dangers of North sea navi
gation. Both in Sweden nnd Norway nnd
especially in Denmark there is also the
graviest anxiety lest the Scandinvian
countries bo drawn into tho wnr. This
danger is probably not groat In the
case of Sweden and Norway, but Dca
mark, adjoining Oermnny as It does,
undoubtedly would be gravely Im
periled if a situation should arise call
ing for control of tho kaiser of the
straits connecting the. Baltic and North
seas. The Germans might also deem a
strip of Swedish and perhaps evea of
the Norwegian const essential to thoir
purposes in such nn event, but thero Is
small likelihood of nnv such general in
vasion of either country as has occurred
in Belgium's ease and may occur in
thoso of Holland and Denmark,
Sympathies Divided,
Swedish and Norwegian sympathies
are mixed In tho pending struggle.
Both countries are pro-Enelish, but
Norway, to some extent, and Sweden
very much, fears Russia, Great Britain's
ally.
Some Scandinavian Incline to tho
vlow that the danger of Russian aggres
sion in tho north would bo lessoned if
the czar should secure the warm water
port of Constantinople. Others, how
ever, point out that a Mediterranean
outlet would not be the snmo thing, by
any menus, as one on the open ocean,
and that even the possession of Con
stantinople would make no differences
of the Slavs' anxiety for a port, or
may bo all the ports, on tho western
coast of the Scnndinnvlnn peninsula,
nn ambition which nnturally could only
bo fulfilled by oc piisitlon like thoso
of the eastern coast of all the interven
ing territory.
Besides, it hns been suggested, oven
though the Turks should lose Constan
tinople, the other allies may not permit
Russia to take it.
Denmark, nf course, above all fears
Germany nnd hopes unqualifiedly for an
Anglo Krniico-Russlun victory.
t must not be supposed, however, that
open expression Is given to these par
tisan views. Not only are the Scandi
navian governments scrupulous in their
observation of neutrality but the peo
ple, ns individuals, ore generally so
conscious of the dangers their countries
would Incur by taking sides In the
pending struggle that the war Is hardly
even talked about publicly, and tho
newspapers continue to confine them
selves to the strictly official accounts
of developments, with pratically not a
word of editorial comment.
SPECIAL RATES TO
BIG FOOT BALL GAME
Already the football funs of the city
are beginning to prepare excuses for
uttending the big annual f out hull gtimn
between the University of Oregon and
O. A. C., to be played at Corvnllis nex.
.Saturday. The Southern Pacific will
run an excursion trnin from Portland,
which will take on till of tho passen
gers from this city If there Is not a
sufficient number to justify a speeitd
from here. If the Mulem Mioplo take
the Portland excursion trains, tiny
will pay a fare nf one and one-third
for the round trip, or $1.50. If, how
ever, enough signify their intention ot
going to justify a special train, or
125, thev run make the round trip for
$1.10.
K. B. Houston, the H. P. agent, said
this morning he wns endeavoring to
sell enough tickets among high school
and university students and townspen
pie to get a sK'iiul train out of Sa
lem, but so far this Is not settled. The
Hnlem high school and the Cnrvjllis
high school tennis will piny a lirclliu
Inary gimo to the main event.
Mrs. t.nurn E. Caress hns been nom
inated for the city council nt Orenoo.
CENTS iaFff SI
EAST IS OPTIMISTIC
OVER THE OPENING
OF REGIONAL BANKS
The Incentive for Banks to
Hoard in Times of Pressure "
IsNowRemoYed
5WEEPING BUSINESS
REVIVAL PREDICTED
New York Press Says "Coun
try Is Getting Ready for
Boom that Is Now Here"
New York. Knir IT TI,.
yesterday nf flip iavmiiiimi',
j ... n-. k. ...... n iiti, fu
el reserve banks drow forth optimistio
.. .
cuuuriui expressions on me D'aslnes
uuuuuK louuy in .now xoru'i leading'
mornincr newsnanors All wnrit am,i
that a revival of business was on its
way.
" Everything." nit tha N.. V..L.
Tribune, "points to a sweeping rovivnl
ui ,.-.ii-nB roiiiirienee. ine ueaaiocic
in trate and industry following the
nutbrenk nt the wir in nf lnof K.I.A.
... ..... n V IBfll 1-IUnVU,
Two powerful und steadying Influences
!. -..it t . ..
uno uiiium exenunge reopening ana
the inaiifiiration nf thn naw ,itni
servo banking system) have been ap.
fuicu io uusiness. encouraging those.
nu,r lillVB IlllirHCU 11100 SII1CC AtlgUBt
"More sunHlilne ivnu fWrlln, n.,.ui.
ness yesterday," said tho New York
Press, "tlllin the country hnn knnifi,
for months. The country is getting
ready for a boom; in fact, it's already
ill-re.
Under the c.nntinn. ''ft,,. l!-r.nn,..;
Fourth of July,'! the New York Wirld
said: .
'"Instead of the nreilint.l lrin...
ey, nn easier money market accom-,
imuii-s this great cnange. instead of
the Predicted distltrhnnnn nt hi,B;At
confidence, we have general reports of
strengthened confidence. What was to
have been followed by a period of
doubtful waiting is being followed by
every cvldenco of new hopo and cour
age uioug me wnoic uno."
New York llernl.l- "rw ,!,:.,,
banking assets available as a basis for
currency issues, the incentive to hoard
ing in times of pressure has boon re
moved nnd the banks of the country
are In a position to extend greater
credit facilities than ever before to
the business community."
Is a Great Success.
Washington, Nov, 17. " Wonderful,
simply wonderful," was the way Sec
retary of tho Treasury MoAdoo'refor
red today to tho first day's operations
of the government's rcgionnl reserve,
banks. Ho snid it wculd require at
least n week to dctomlae the necesj
sary routine changes but added indi
cations already were that tho system
wns far more efficient than had' been,
untieipi.ted.
Secretary Willis nf the reserve board
nsked each bank Jpvnjteport on tha
first day's re-disi'oiiiit business. Thoss
already nvnilublo iudicutod that busi
ness was brisk everywhere. It was es
timated Hint within n week the sys
tem will augment the cash in tin
hanks ot the country nt least $150,
ooo.iioo.
The federal reserve board. It wns ex
pected, will deposit" in the brunch
banks the treasury's surplus enslt ami
ut least part of the government funds
now held by national Ininks. It nil do.
ponds on whether the report of th
first few weeks of operation in -Urates
tho reserve banks ii"od morn cash for
re-discount business. Surh action woubi
furnish the reserve bunks with $110.
000,000 from the tnnsury department
and $01,000.1100 from notional banks.
FIGHT SETTLES DOWN
TOJANNONADING
(By I'nitcd Press stuff correspondent.)
Purls, Nov, 17. Fighting along the
line from Nionpnrt, through Dixmodo,
to Ypres had settled today Into a
fierco artillery duel at long range, ac
cording to the official conimiinicntioa
received here this afternoon from the
Bordeaux war office,
Infantry nnd cnvulry operations, si
well ns thn handling of tha lighter
guns nnd moid firers, it was under
stood, had lieen rendered practically
impossible owing to the bog-like condi
tion of the country, nnd tho only avail
able weapons were the big cannon for
which scml-perirniiont emplacements
had been provided,
Along the Aisne and In the Argonne
region, however, it wns snid thero wss
increasing activity, The Germans were
said to have attempted a crossing of
the Alsne nesr Valley, The blowing;
up of a lino of German trenches by
Krench mines In tho Argonne district
wns described in the official state
ment. Bnker Is to mnke a whirlwind cam
palgn to lift a 'i:"i.000 debt from tha
Y. M. C. A. for their building at that .
place.