Watson's Magazine, Vol. IV, No. 1, March, 1906Various
General
Watson's Magazine, Vol. IV, No. 1, March, 1906
Various
United States -- Politics and government -- Periodicals
New Zealand has what is practically the 8 hour law. In other words, from
one end of the colony to the other 8 hours is recognized as the Standard
Working Day, both in public and private service.
In the United States, 8 hours is the legal working day on public works.
No change would have to be made in our Constitution to make such a law
general in this country.
Congress and the States have just as much legal right to make an Eight
Hour Day as they have to make a Thanksgiving Day, or other Holiday.
* * * * *
ROCKHAM, S. D., Jan. 1, 1906.
_Hon. Thomas E. Watson, New York._
DEAR SIR: There it is, in WATSON’S MAGAZINE for January 1906,
page 276. Report of Wm. H. English; “a large sum to our credit
for lost and destroyed bills.”
Now the question I would ask—tried to ask once before,
but failed to make it plain—is: By whose authority and to
what extent or per cent. do National Banks profit by bills
_supposed_ to be destroyed through the carelessness of you and
I and others, not accustomed to handling money?
We know many bills _are_ lost, and it seems to me that, if the
value cannot be restored to the original losers, it ought to
result in profit to the general public, the Government. Why
should the bank get any credit, did I not have to pay them for
my loan?
⸺ ⸺.
ANSWER
Referring to page 108 of November number of the Magazine, I find that our
correspondent was informed that the Government made good to the National
Banks all old notes which were worn out, mutilated or destroyed, and that
this was done by virtue of Section 24 of the National Bank Law.
I really do not know how to give a plainer answer.
Old bank notes which become worn out, mutilated, or destroyed are
replaced by new notes. The Comptroller of the Currency issues the new
notes under and by virtue of the law. The entire National Bank act is a
disgrace to the Statute Book, and section 24 is simply one of its clauses.
* * * * *
PASSAIC, N. J., DECEMBER 17, 1905.
_Hon. Thomas E. Watson, New York._
DEAR SIR: Every month your Magazine grows better and your
editorials are great in their unborrowed simplicity, power and
naturalness, and in their humble consciousness of truth and
right.
(1) _But how do you manage to call Napoleon a Democrat?_ I
reverence the word Democrat, it is my religion as well as
my politics, and I don’t like to hear such an unquestioned
authority as you call him a Democrat. It will be an interesting
article, I think, if you answer my objection.
Public-domain text, read in full here on John Shaqi.
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