-r ind Editor.
NEWPORT. ARK.
SUBSCRIPIONt RATRS
Single'copy, 5 cents; per week, 10 cents j
South. 10 cents; per year, $1,50, in advance j
•rrier in city, by mail in country.; *9J|
Weekly—$1.00 per year, payable in advance.
Entered at tlie oostoffice’at Newport, Ark., as
•econd-class mail matter'.
Legislating Interest Rates.
In advocating a six per cent
.maximum interest law for Jack
son County, Senator Keel says
that he represents the sentiment
of the people of the county, but
the abuse of the banker® in which
he indulges leads one to believe
that he has an axe to grind.
The Independent doe® not be
lieve that the people of Jackson
county ask or favor such a law.
The hank or banker might easily
evade such a law by requiring
the borrower to pay six per cent
interest after.* first paying a
brokerage commission to secure
the loan. The brokerage fee
and 6 per cent interest would
>3 A.ili 4>ll nmn. w- /l A aI/I Mlllf a A f I
MV/ U W l» V kl'' T V' v v;v* 'V**'V vwv\/ ^-r —
interest, for there would be less
money available for loans in this
county and the interest rate
thus b:e raised. Much capital that
is invested in this county would
be withdrawn and thus money
Would become tighter, as parties
- who did not do a regular money
loaning business would withdraw
their loans here and place them
where they would not be com
pelled to evade the law in a
round about way.
I
Cheaper interest cannot be legis
lated so arbitrarily as this law»
would attempt. Like every oth
er market, the value of money as
measured in the interest charged
for its use depends upon supply
and demand. The Keel hill if
enacted will curtail the supply
of money to be loaned in this
county.
Reduce the capital thins invest
ed in Jackson county and you in
crease the demand for each of
the remaining investors’ loans.
The law will thus work a hard
ship upon the borrower instead
of the money-loaner and the In
dependent does not believe that
the people of Jackson county
are asking for or supporting the
Keel interest law.
The prosperity of a people and
its banks are dependent upon
each other and when you strike
at one, you reach the other as
•well. Many farmers and many
good enterprises need the back
ing of these institutions, for
which they give surety and for
which they pay and no commun
ity or section can make much de
velopment where these institu
tions are not sufficiently pros
perous and well established to ex
tend credit where credit is due.
(Where is our six per cent
money to come from? If some
loan-sharks were preying upon
the public and charging an exor
bitant rate, where other capital
whs willing to furnish money at
six per cent, then such a law
would be wholesome and benefi
*h/. '
dal. But such is not the case
and in trying to place unreason
able restrictions upon capital, we
retard the development of our
county and delay the day of
cheaper money, which comes to
a section of country in the meas
ure of its development and pros
perity.
The Res Are Guidon says that
Judge Lankford is “being prom
inently mentioned as a probable
candidate for congress from this
district, to succeed Mr. Oldfield.”
The Guidon further adds that
should he make the race he would
be a hard man to turn down as
his many loyal friends would
work hard for his nomination.
The News would suggest that Bil
lie Oldfield has made good, amd
he, too, has many “loyal friends”
who would ©tick 'to him through
thick and thin. Judge Lankford
had better wait a little while and
give our present congressman a
fair deal. The man who beats
Mr. OQldfield, if he seeks re-elec
tion, will have to have a host of
“loyal friends” to carry him
through.—White County News.
Additional Local.
R. F. Drummond was up from
Little Rock today on business.
For Rent—furnished room with
bath, 523 Laurel. 97d6t
S+orage room for rent—Bowen’
Cash Store. 78dlmo.
Judge J. B. Me Caleb and Dene
Coleman were here from Bates
ville yesterday.
Miss Gertrude Wiseman of
Weldon wa® shopping in our city
today.
For Sale—Furniture, good as
new, to furnish 5 rooms complete.
Must be sold by the 25th.—Mrs.
Lelia Coleman, 214 Laurel street.
96d6t
Miss Bess Gates was able to be
at her place of business in the
electric light office today, after
an illness of several days.
Be sure and attend the milli
nery opening at Mrs. Minnie Bal
maz on Wednesday, March 29.
97b7t
Dunnington Yamcy and wife of
Little Rock were here today and
left for the farm in Oil Trough
bottom.
For Rent—5 room cottage fur
nished or three large rooms un
furnished for the summer. City
water, lights and garden planted.
Apply to Mrs. Savannah Carpen
ter, Laurel street. Phone 191.
96d6t
BOARD AND ROOM.
wanted in private
family.
Phone 266.
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The J. C. Herron
[Plumbing and Heating Company
119 Walnut Street. Telephone 320
** - •" i." " * • * "-- - it:.
SHEET METAL WORK OF ALL KINDS
Hi A
Clothes cleaned and pressed.
Work called for and delivered
promptly.—Ed Parrott. Phone
78. 81dtf.
High grade photos and post
cards at the tent ’gallery. Resi
dences on postcards for $1.00 a
dozen. Only a few days more in
yow city. F. Mann.
099b6t
For Rent—nicely furnished
front room. 215 Vine street, tele
phone 283. ft
Why wait until the rush is on
and pay higher prices for plumb
ing. Better order now. See J.
C. Herron for all kinds of plumb
ing. 99dtf.
Call on William Bengel for
your wallpaper. He carries the
best line of samples oh the mar
ket. Prices reasonable. 9124
For Rent—2 furnished front
rooms cheap. Apply 308 Third
Street. 95d6t
Mrs. Dan Dowell, Sr., Mjrs. E.
V. Holt and Miss Carrie Lindley
were among the spring shoppers
in our city this morning from
Tucker man.
Am engaged in the dray and
transfer business and solicit your
patronage. Phone 334, B. G.
Graham. 53dtf.
What is plumbing when done
up to date? Ask at 119 Walnut
street.—J. C. Herron Plumbing
j and Heating Co. 277dtf.
A Mother’s Safeguard.
Foley’s Honey and Tar for the
children. Is best and safest for
all coughs, colds, croup, whoop
ing-cough and bronchitis. No op
iates.—W. E. BEVENS’.
Mrs. ‘Walter Armstrong, Mrs.
Hardgraves and Mrs. Chias. Har
rison of Tuckennan were trading
in our city this morning.
Foley Kidney Pills.
Neutralize and remove the pois
ons that cause backache, rheuma
tism, nervousness and all kidney
and bladder irregularities. They
build up and restore the natural
action of these vital organs.—W.
E.. BEVENS’.
———— .. —
O I. Hubert
New Lumber Yard
LOWER END CFRONT ST
SASH, LUMBER
SHINGLES
DOORS, BRICK.
ESTIMATES FURNISHED
Telephone 278.
Dr. Ira H. Erwin
l.
EYE,
EAR,
NOSE
and THROAT
Phone 74-2
WISHON BUILDING.
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Foley Kidney Pills.
Neutralize and remove te poi
sons that cause backache, rheu
matism, nervousness and all kid
ney and bladder Irregularities.
They build up and restore the na
tural action of tese vital organs.
—W. E. BVEENS.
i * i
Lodge Directory
Jackson Lodge No. 191 F. & A. M
Meets Second Tuesday night of
each month in Board Building,
Second and Walnut streets.
Visiting Brothers always wel
come.
H. E. Dowell, W. M.
S. M. Beattie, Sec.
Royal Arcanum.
Newport Council No. 322 Royal
Arcanum meets 1st and 3rd Wed
nesday nights in each month in
the Board Building. Visiting
brethren always welcome.
S. M. Beattie, Regent,
W. C. Wishon, Secretary.
Woodmen of World.
Pecan Gamp No. 3 meets 1st
and 3rd Thursday nights of each
month. Visiting brothers wel
come. _•
W. H. Bacus, C. C.,
P. S. White, Clerk.
Modern Woodmen.
Newport Camp, No. 13674 meet
1st and 3rd Tuesday nights of
each month. Visiting brethren
invited.
W. A. Mink, Counsel.
W. M. Risner, Clerk.
H.S. Simmons
Auctioneer.
Having taken out County and
City license to auctioneer
sales, I solicit this class
of business.
Office 514 Front Street.
NEWPORT, ARKANSAS.
e. R. GRAY
PHYSICIAN
AND SURGEON
Watson. Building
Office Hours:
9 a. m. to 12 m.
3 p. m. to 6 p. m.
Telephone Number 49.
WOOD fOR SALE
CUT TO ORDER.
NOT MILL WOOD,
i M
PHONE NO. 45
J. E. Williams
ORDERS FILLED PROMPTLY
UNION BARBER SHOP
Employing Experienced and
Capable.
UNION BARBERS
To Which is Added Clean and
Sanitary Service and Cour
teous, Careful Atten
tion from employes
Don’t These Points Appeal Ts
Ton and Aren't They Worth
Seeking At Same Prices.
Sam T. Gist
Shop Fronts on Walnut St.
Arkansas Bank Building
Warning to Railroad Men
Look out for severe and even
dangerous kidney and bladder
trouble resulting from years of
railroading. George E. Bell, 639
Third St., Fort Wayne, Ind., was
many years a conductor on the
Nickel Plate. He says: “Twen
ty years of railroading left my
kidneys in terrible condition.
There was a continual pain acros
my back and hips and my kidney
gave me much distress, and the
action of my bladder was fre
quent and most painful. I got a
supply of Foley’ Kidney Pills
and the first bottle made a won*
derful improvement and four bot
tles cured me completely. Since
teing cured I have recommended
Foley Kidney Pills to many of
my railroad friends.”—W. E.
BJfVENS’.
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Don’t want to start a bank ac
: count Don’t put it off, but start
0 t | ?h. ' j h h ii " ■! •
1 today. ,J';
ARKANSAS BANK & TRUST CO.
NEWPORT, ARKAN8A8
ST^ORE FRONTS |
Window and Door Frames
Church Pews, Pulpits and Furniture
Mads to Order
R. C. Horton’s Planing' Hill
Builders of Gasoline Boats and Barges
West PlumfStreet NEWPORT, ARKANSAS
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The New Perfection Blue flame Oil Stove
Manufactures its own gas.
The most perfect and most
economical Stove on thejnar
ket. Before buying another
kind, see your dealer or write
us.
Waters-Piercc Oil
DOWELL & ROSSINGTON
Booms 21 and 22
Wiahon Building
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NEWPORT, ARKANSAS
•REST AND HEALTH TO MOTHER A|B«
MM Winslow's Soothing Svmj. j
sssaseariwr-sr
Had. Twenty-five centa a bottle.
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