Cape May Herald, 1 October 1908 IIIF issue link — Page 4

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In Oklahoma and r-

• JAM! 3t«j03A JBIX.«...:

Tlia Daaooratle National PilMiiA f»Tor» naraataod back dg^l'a ihr -« Republican blalfoJTO U »!(«•« 9J> ?h»l. * subject- »* lllrka hear (ill , <&kO plona the pjaal Jfr Taft Xa atfbofXs

eppoaed to

Mr. Taft Gwaraateed Dtpoelta Is hla •peach oi acceptance Mr Tati puu hlmaeli •^uam.’y on record a» tte lac opposa^'TB'TlhfaBteed depo«lu He aaya: -The recommend! a tax upon national banka m* , we* *»ch artHl**** N. may coma In.' Is the nature of eo forced Inaurance M patae aj CuhHIV] fund U> pay the depoaltora of an; bank which t«laii C aiM ipfopastfl '>r wholly Impracticable unlpaa It la ti be-accAipa*U*f A>.r'J»l*nJplete rero luUon la our banking eystem. with •

ware adopted onanjly V t>c meat* of hU^dtt and j»«ph« .

r 1 pedple o

ctsiti •. 'tire

proposal » Democratic

would brine tl

of the country down in rwy 1 -" Why snbk cenfoah fhi' p^<

a simple proposition? We are aut

333931:^

rtsion does not mean a gorernmen' bank: it simply meafu thal.the on Oonal tanit ln«ptclor» wfll do Just a.* they are expected to do under exist “WjMlfwtWlrt th'«r,)*t.k«aatibn ot banka thorough and make prompt anc afteeftyw eanrctlon of any irregular! Oca jllscoTtred. So U will be dllficuli to' Wxblet- the people by the claim that guaranteed deposits means tho rough awparrlalon of banks. That’s |ust exactly what the people want. It U absurd to say that guaranteed deposits would "bring the whole bank tog system of the country down t<

ruin."

What dees "guaranteed deposits mean? Il means that the savings o’ the masses shall be secured so thewhen men and woman deposit the!, hard-earned money In banking Instl tutiona. they need not worry for feat It win be lost through the recklee^" nees and dishonesty of bank officials The Federal Government demands <• these banks security for the moneIt deposits. As a rule state govern menu and county governments and municipal governments make sltnllai requirement*. But now that It la fnv> posed that depositors generally aha I have some such assurance for th» safe keeping of their wealth, we are told by the Republican candidate tn> the Presidency that the adoption o’ such a plan “would bring the whol* banking system of the country down to ruln.” Oklahoma’s Object Lesson. Oklahoma has the guaranteed dr posit plan and the following Aaaociai ed Press dispatch tells of Its opera tion in thf first bank failure slnoa tb< law went Into effect: “Quthrle, Okla, May fl. 1»0S.Wlthtn one hour from the time H. H Smock. Oklahoma banking commitaloner. had taksn charge of the Ir | ter national Bank of Colgate he bar authority to pay the depositors In fun though the bank's cash and avallabli funds In cither bantu fell 122.000 shor of the total amount of deposits. TV commlasloaer was enabled to do thl. under the operation ot the new bank tag law. and this Is the first time n has been called Into use. Under th« operation of the guaranty bankln law of Oklahoma a tariff ot 1 cent Is levied upon the average annual deposits ot the banks, and this monev is used In payment In full of all dc post tor* of an Insolvent state bank after the funds hare been exhausted " Will the Sinks Answer This? la addition to the argumenu nl ready presented In favor of the guar an teed bank, the following Is sul milted: The United States Government re qnlres a deposit of specific socuritwhen It deposits money la s nations ’ bank; the state also requires secur ity. and the county and city deposit are secured either by bonds or by th deposit of specific securities. Now the question arise*, if th TJalted BUle* Government, which car at any time inspect a bank and fit oat Just wbst It is doing and how l( bustassa la being conducted, require security for Its depoelu. why shoul not security be given to the depo. itor who cannot examine and does net know anythin* aboc the bank's solvency or methods? An I to tbs national government, t(be state, to the county or to the ettwnuld be borne by all the people an thus be small upon each on*, wbll th* lees to the tadlrldoal has to b born* entirely by himself and as it his entire savings, la nc dm argument stronger U favor of th protecHoa of depositors than It la Itarer of the protection of the natloi th* state, the county or th* city? But th* case Is erao stronger when fb* beak U required to put up specific security for the protection of nations' ■tats, country, or efty deposits. Its gilt-edged securities are thus kypotbe anted and the Inferior securities art let! for (ha security of th* depositors, ■e that, as n matter of fact the pubBo deposits are not only protected, hot they are protected at th* expense ed the tadlrldoal depositors, shall w# say of a national bank '

th* guaranty

argument »»d «* right to protect gov

lowing notice was posted on ths door:

wher

president end say* It admirably. The New Vorlcf I' ticket measure* up to the require

"An aggregntloo of experimental malcontents and theorists." Mr. Sherman’s description of the Democratic parry. Is t phrase that hits the target

right In the center.

Honors are easy again. Every tiro* Mr. Taft buys a new horse Mr. Bryan mounts a new bobby.—Omaha Bee.

REAL ESTATE TRANSFERS Record of Transactions Which Have Been Recently Noted. The following are some Cape May county real estate transfers:

Capa May City

Cape May Real EntaUp Company to Mary E. Pollard. 11. Dots 2009 to 1028, both Inclusive, and lots 1929, Ur 10, 1911, 1912, 1913 and 1911. plan A. Same to John W. Painter, tl. Lots 21019. to 2062, both Inclusive, and lots 1929, 1926, 1927, 1928. 1929 and 1930. plan A. of said company. Same to Mabel Miller, |L Lott 2066, 2067 and 2068, plan A, of said,

lection of depositors T And, atrang* to this ptaoe, has been announce my, these Mg banks that get ths loay a bit was a member of the C

Same to Harvey H. Smith, tl. Lou 2066, 2067 and 2068, plan A, of said company. Helen L. Sewell et als to William McMullen, 1300. Lot 87 on south

John W. Mocray et als to Frank S. Mocray, tl- Equal undivided VI In Cereal ta lot on Cape Island Creek,be low Schellengers l-andlng. Cape May Real Estate Company tc James R. Ttadle, *1. Lota 1632 to 16 46, both Inclusive: Lou 1107 to 1121. both inclusive: loU 1946 to 19S4,boti.

inclusive; lot* 809, 210. CAPE MAY POINT

Columbian Securities Company U Paul Smallwood Hughes, 1300. LoU

96. 97 and 98. block E.

Borough of West Cap* May Mary H. El dredge to Uxle H. Rich ardaon, 12800. Bast corner of Broad way and Myrtle avenue, 92 7-10 Broadway and 129 Vk feet on Myr-

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Round-Trip

regsatttUJbcaNBOcsEfi hcsmisns

NJAGARAFAtLS

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KPUAII H LAST OF TM SKAS0M

pe May

THE PRUDENTIAL ,tf

Just thlnk-nOi 1-

engslee yt

LITERARY NEWS

The Very Newest Idea in Life Insur-

ance. Life Insurance Pay* th* Rent and th* Grocer’s Bills. Here Is something really- "dlffer-

Ufe inaurance pol-

I cy which entiles you to leave to you file a monthly Income—a guaranteed nm which nothing can disturb; not affected by hard time*, bad Judgment to in vestments—whlc h cannot be lost depreciated of stolen, but Which win come to her regularly ev^ry month for 20 years or for her lifetime If you want It so. It enables her to adjust and meet the family expenditure*, re Uertng her from aft worry and put-

ting poverty out of reach.

Thl* is exactly what U accomplished by the new Monthly Income Policy Just Issued by the Prudential Insurance Company, the very latent development of modern life Insurance. The demand tor a policy -tff this kind must needs be great, tor it relieves the wife and mother of the respooslbliUlee of securing a safe and profitable Investment tor the Life Insurance money and assures her an In come which comes to her in the way she Is most capable of dealing with

it and making the most of It.

Give the American mother a fixed monthly Income and she will keep the family together and the children in setrool, when a man might utterly fail Give her a monthly Income and

she will keep Inside of IL

With the New Monthly Income Policy of the Prudential the hoabend and father can provide Insurance Protection In the most practical and useful

policy to pay the rent and

the household bills.

This covers the time occupied In the development and training of the youngest child. It provide* tor food, clothing and education by a fixed, regular monthly payment which cahoot fan. The comparatively small cos which this almost priceless provision for the wife and family can be made la another attractive feature

Mag-

A Strong and Well Ballanc

szins

October marks the real beginningof the tall campaign In Magaxlnedon: and calls forth the strongest efforts of publishers and editors. Llpplncott’ respond* by bringing out an especial! rood number for October The com piete novel Is of an unusual type.with Hawaii as a background. The writer. Kaufman, lived tor some time In this “Paradise of the Pacific. ■he gives us almost realistic picture of life there. Her character drawing Is wonderful, and one cannot but pect that she fcia taken the liberty of sketching vr . lous people whom Th. plot has to do with

disappearance of

costly Jewel during one of the delightful social functions characteristic of the Islands. Circumstance* point the guilt of one of two men, both of whom seem to be .above suspicion. But the real culprit Is finally revealed, and all ends happily, though before there has ensued a series of entanglements and complications that would prove most.harrowing In real life, and which in the- story keep the reader constantly on the qul vlve see what Is frplng to happen next But despite the strength of Its plot, there 1* a great deal of comedy about the story, the dialogue being delightfully

humordus In places.

There is the usual array of clever short stories, the most noteworthy being “The 8cbool-mother.” by Owen Oliver; “The PI ahead." by Caroline Lockhhart. "The Angel of Happy Hoi low,” by Luellen Cass Teters; pld-^-end a Call." by Edith Morgan Willett, and "The Lone Huntsman.’

by Joseph A. Altaheler.

Herbert Dunlap write* of "The Ra dal Potpourri on the Isthmus.” telling of the remarkable hodge-podge of uatlonallllee represented among those who are digging Uncle Sam’s big ditch In Panama. George L. Knapp discourse* entertainingly on "The Service of Pear." Mr* La Salle Cor

of this Newest idea in Life Jnenr- bell Pickett contribute* "A. Memory ance. At age 20, for Instance, * pol of Pickett's Brigade." There la also ley guaranteeing a payment to your striking and illuminative article c wife of ISO per monthh tor 20 'years 'Toondre'* week." Philadelphia'* big after your death would cost $167.©, celebration marking her 226th birthwhich U equivalent to searing of leea day. All who have thought of visiting

than 46 cents per day. The Pruden-

credit tor

presenting the Monthly Income Pol-

tbe public.

JAMES H. BIRCH

Manufacturer of the Celebrated Birch Cgrriagea, Harnesses, snd Jiuriklahas N. J, sends ns the fai-

lle a

Ask Chartar for $300,000 Hotel The certifies*oot Incorporation ol the Hotel Phoenix, of Stone Harbor, has been filed In the office of the county clerk. A modern hotel will be; eroded on the Stone Harbor tract Tfle capital stock of the company la $200,600, and the agent in charge U David Troxei. The promoters of the enterprise are Samuel Brunner, Royeraford, Pa., Alfred H- Ruah. ol PboeoixvUle, Pa, and Simeon Bronson, of Klmberton. Pa.

A Card to Voters To the voters of Cape May: I want to thank yon for the honor of being pry posed to fOl the position of Freeholder. If elected, I will prom lae to do the beet possible for the pe4Re oi Cape May county and will be glad to hear any suggestions the people have to make. I will try I my beet Judgment In taking cai Yours truly, G. S. DOUGLASS.

Hotel Cape May Closed

The Hotel Cape May closed today, and win be opened In time tor Baa lesson next year. There are to be Important additions made tor help

lers and kitchens during

y.'Bter.

COURT HOUSE. Sheriff Corson, of (tape maty took five priaoswra to State Prison Saturday. One of th* elf as lu the M. e' Sunday School gave an automobile so “ rial and raised $36 tor th* piano fund 01 Friday evening. While unloading coal at th* Cap* ^ May Court Hons gtaaa factory. Job

Mr. Editor:—

1 want, through your paper, heartily thank the Democrat* of the Second Congressional District for their wonderful goodwill and unanimity In offering nomination tor Congrste, which was entirely without solicitation from me. and also the honor Thomas H. Birch, unanimously urg-

ing him to

I shall appreciate and tori proud of R an long aa I live. The loyalUy of tha detegalte to me from all four cooBOetegt wonderful, and I wish

u> thaMx evm

ally.

I tori sure, considering the lions in the district and the change tor reform In poll tics, which is working that the ouU convention ta naming Bard Grubb, th* gallant soldier a man the people have always loved, wlH Influence more votes In the Democratic petty'all over the State than any other move that has been made ta this campaign of General Grubb as a leader la politics will not only ticket throughout the State-but will have

f every on* of them person-

the City ot Brotherly Love during th* week beginning October 4 wlU do well to read this paper. Poems by well known singers and the humorous section, "Walnuts and Wine," complete the number—* very

creditable one.

Th* October Metropolitan.

The public Is expressing more Interest In aeroplane flight than in anything rise Just at present The October Metropolitan Magaxlne opens wit an Important article on “The Aeroplane and lu Vuture," by Henri Parroan, the celebrated French aviator

who has held so many moon thing that Mr. Furman says

subject Is naturally of vital Importance. The same number has the be-

glnnlag of a two-part story,

Luke's Summer" by Mary Cholnondeley. The aeoond and last paper on Osteopathy by Dr. E. M. Downing,Is

strong feature, while Jack

eon Crow contributes a fascinating paper on ‘‘Tfcs Romance of Piracy." Among the other allele*, aa stories In this number, there are several worthy of mention, namely:"The Fool and the idiot" by Maarten Maarten*. “Between the Battle Unee" by

the wh * B P^^^Frtll. I Us position so dear tl

Recreation for October.

The ftout cover this October number Is In full color* and alone Is Is worth the price of the magaxlne.

The Newest Thing

"fi in- Life Insurance is the Monthly Income Policy of The Prudential. It will provide a regular Monthly Income to yourself or beneficiary for 20

years or for life. The rate is low and every feature is guaranteed. Write to the Home Office at Newark for descriptive booklet.

The Prudential

PREPTY PICTURES FOR THE HOME!

Do you want a few beautiful and Inexpensive picture* with which decorate your home? You -will surely find what you want In the 111 unrated catalogue published by tbe N Department of the Judge Company. 225 Fift | Avenue, New York. An excellent picture tor the money Is "Unrequited Love"—a baby and a dog which doe* not return th* former'* affection. Thl 8x11 sepia print by F. Y. Cory coats only twenty-five cents. Tho large pictures coat a trifle more, but each one Is a bargain. The catalogue is more than worth the slight charge of 8

cants asked for postage.

NOW

IS THE TIME

Agent for Waldorf Shoes Mr. Thomas H. Taylor, of 606 Wi Ington street. has been appointed agent for the famous Waldorf shoe*, which aril tor 22.60 for men and wo- . He has a new stock of these shoes on hand and they are well

worth buying.

Keep In mind one thing. A who has a bank account, always basy ready money. -He is not compelled to call on hla neighbor In time of stress Try it, and keep your money In Se-

curity Trust Company.

Maaic Studio

given on Piano or Organ any hour during day or evening ' terms, write, call or phone, Hell 8

Ogden Building ( 2nd floor , 810 Washington St. Cape May CKy.

3C2EKA md POE CURE tMJW Koo ■ log what It waa to oulfrr T XVClfi i wl n * lTe KRKE or CHARGE to any afflicted a po-ltlve cure (or Ecarma Salt Rheum."Crysipclas. PI Ira sod Skli. [>i*e*se. Instant relief. Doo’l suffer looit -r. Write F. W. WILLIAMS. 400 Maohat

tao avenue New York. — •

It right. The quality of the

leather and tbe other material* used, Is

the best obtainable, and Us cut put

gather and stitched by skilled band*. Double or single Harness, for farm, delivery or road wagons. Fine carriage

•Ul, Boto wi.,. •■N t ^.."c'h~reh.-| *< *™“ “ * oloww

by Frank H. Sweet. "Motoring throng the English Village*" by Ekln WalUck. "Red Tape" by Will Adam*.

’’Stories of the Fur-Bearers/

and "North of Blxty-

dve,” by Edward Marshall.

W. A. LOVETT Cor. Washington and Ferry Street*

CAPBriAY. N. J.

OIL HEATERS

Linoleum, Oil Clotk, Stove Boards,

Stove Pipe and Coal Hods.

I have a stoc^ on hand. Prices Reasonable.

CHARLES A. SWAIN

305-7 Jackson Cape May, N. J.

DO YOU READ THE HEEALD? IT IS TO THE INTEREST OF EVERY man who visits or owns property in Cape May to be a reader oi the Cape May Herald. In its columns you will find throughout the year much matter that will interest and be of value to you for the trifling cost of one dollar per year. It you do not already take the Herald cut out and fill in the following coupon, enejosing check or a one dolllar bill, and mail same to “Herald,” Cape May, New Jersey.

{ LLJj lb T. STEVENS, PobUaher CAPE MAY HERALD r- < . ■. '* I j Send aae the Herald tor one year, for which enclosed find *1.

‘The Philadelphia Record” Actively Supports Bryan

L ^