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Paper Read Before the “Missouri Sonal property was valued. The! Bankers Association” at Clin- board said to us that there was no ton Missouri. law by which the valuation placed | Discriminations in the valuation of |on bank stock by the county asses | bank stock and other bank property | sors could be cut down as the stock | in assessment was the topic treated! was not assessed above its actual | by George Ward,cashier of the First value. The board readily admitted | National Bank, King City, as fol-|thst other property was not assessed | lows: hat its actual value as contemplated | by law; yet, with this information} Mr. President, Brother Sister | before them, they did not raise the! Bankers of the Association and the | Valuation of all other property in| ladies and gentlemen here assembl- | the State to its actual value as bank | ed: atock is valued, which, if they had Discrimination in the valuation a dove, would have bank property by the county asses | UNJUBT VALUATION the valuation of the State to such an ex | increased A. O, Welton Staple:Fancy Groceres, Feed and Provisions 9f all Kin 3 a 108. NUEENSWARF AND GLASSWARE “OLD HICKORY'S" REMAINS. this Graye at Hermitage Disturbed by Persons Unt nown. Nashville, Tenn, Aug. 2 —Infor- mation was received here from Her- mitage, where Generel Andrew Jackson's remaius are buried, that his grave was disturbed last night A hole eigh- teen inches deep and three feet in by unknown persons. length was dug at the head of the grave, but the parties were frighten- ed away before they accomplished their object. The Hermitage, twelve sore in the State of Missouri has be | tent that the rate of the levy would | come almost universal. It is the|bave been cat down fully o half, | custom of the assessors to value|80d our bank stock would then be] bank stock and all other bank prop erty as money; and when we go be fore the County Board of Equaliza tion, they, with all the dignity of supreme judges, refer us to Section 7538, as amended, Session Acts of 1891, and say that they are helpless and unable to grant any relief; yet} they, as an acting court, have taken an oath before entering upon their duties, to equalize the valuation of the property of the county. They acknowledge that it is wrong and un just to value bank stock higher than other property, but claim there is} no law to bring the valuation down on a level with the valuation of other property; and, with this knowledge aud discrimination before them, they refuse to comply with or euforce the law and equalize the valuation by raising all other property up to its actual value, the same as bank stock | is valued. They permit the levy to be made on a percentage of the value of other property instead of its actual value as bauk stock is val ued. ‘The State Board of Equaliza tion can equalize the valuation of lands und other property, either per sonal or corporate, of the several counties of the State; yet, when they reach the valuation of bank stock, they do not give us any relief in ad- justing ard equalizing the valuation thereof. While the Constitution of the State of Missouri, Article 10, Section 4, says: “All property sub ject to taxation shall be taxed in proportion to its value,” which cer tainly applies to other property as well as to bank property. Yet, by the State board of equalization follows in the same channel the county board of Equalization. In Gentry county we have had a practical test of this mat ter In 1892 the bankers of Gentry couuty agreed upon a form for giv ing in their sasessment to the coun | ty assessor, which was as follows: | their actions, as Ist. Capital stock. | 2d. Surplus. 3d. Undivided protits. From the total of the three items —capital, surplus and undivided profits—we deducted furniture and fixtures and the realestate owned by valued and assessed the sate as all! We diavet simile 20% we ask or are seeking. ask to be favored, bat be placed on Produces ou equatity. Ti wel have been given any rein f State board, I have uot Leen ed of it. I ask, gentlemen and la-ties of | by ike d adv =. | this convention, 15 bank stock worth \ 24 times as much as property in the | hands of nod that of Wily | bank stock or a banker's dollar pur chase 2 times as much as the dol lar of auy other individuai? If they | do not, why should the assessor val- ue bank stock 24 times Ligher than the average of all other property, both real aud persoual? Why is it, when we off-r to part with our dol Jars, they will not purchase any more than the dollar of any other individ ual? oath as an officer, says that bauk stock is worth 24 as much as the average of other corporations, private individuals? ir engine an Yet, the assessor, on his other property?» And how long must we and will we submit to this injus tice? Are we afraid to assert claim our rights? Are we to continue on in this way more like a herd of to market for slaughter,than a class of ivdividuals, supposed to have reasonable sense, judgment and independence? Will we continue to submit to this dis- crimination and gross injustice? Some say it is not policy to ask for legislation er the enforcement of the law on this subject. Others say we lose more and create prejudice against us by asserting our rights than to quitely submit to this in- justice I say we do not; most em- phatically we do not. We must place our claims and grievances be- fore the public in its true light, and also get the press of the county and State as much interested in this in- justice that we are subjected to as they are interested in advising the public if a bank officer makes a and THE CREEDINESS OF McFarland Bros, To carry the largest and most complete stock | of harness and saddles in this section of the sheep being driver state proved too much for the crimination! individuals What other class of other line of busi- without protest to Task if the public does not love and admire the indi- vidual who, wheu wronged, stands up and honestly and honorably asks that he be given relief for his griev- auces? As representatives here as- sembled of a large number of banks of Missouri, are we not expected by our stockholders and the of our respective bauks to put our- taken or ness submits such injustice? mistakes or cashes a forged draft by which the bank loses a few dollars. The press stands ready to advise the public. If oue of our or one of our employes become a de- faulter, they are always ready to de- members directors v yo or thr } s to venti- vote two or three columns walveavoulrecara. ce the bank at the value it is carried | upon the books of the bank, and| asked him to value it the | other like property is valued for as | same ag sessment. The residue, or amount | left after deducting the real estate, | furnitures and fixures, we divided down by 2, to bring the valuation on wn equality, oc upon a level with | the rule adopted by most assersors for the valuation of real estate and | otber personal property. This was | lone for the purpose of more nearly couforming to a record made by ou County Board of Equalization—tak- en 40 per cent of the real or actual | value of real estate for vulue in Gentry county. The assessor placed the assess ment from what the banks had given | it in at to the book valuation of the capital, surplus and undivided prof-| its. From this action of the county board, the banks took the case be- fore the Circuit Court where the action of County Board of Equaliza tion was sustained. From the de cision of the Circuit Court, the banks have appealed to the Supreme court of Missouri, where the case now rests, awaiting its turn on the dock- et. I suppose it will be reached by January 1, 1895, when we will know the fival results. | At the March term, 1894, Mr. assessment | B. Thomas and myseli, or Gentry) county, went before the State Board | of Equalization with certiticates the stock of the bankers of the State was not uniformly valued, and that the stock of the banker at a much higher rate by assessors than the real estate and other per- | systematically and \aud State Boards of Equalization do} ,| value, as is adopted and practiced in { | | from several counties, showing that | was valued |to this association for immediate having late the I think is right and proper; yet,from the banks of the State of Missouri there is unjustly taken thousand of dollars each year by matter, which some action towards securing the enforcement of the laws of our land whereby we may have equity and which would result in the valuation of all propety at actual value? This ‘ing orimins eainst i x being discriminated ngninst in the ould cucreasa therslustionicteine valuation of their property by the) state of Missouri about 24 times the County Assessors in most of the present valuation, which would low- counties. Of this fact the news- papers say nothing. And of the fact} also that the County Assessors in OF this fact the newspapers say nothing And f the fact that also that the County er the rate of the levy or taxesas I have before stated and at the same time be one of the greatest adver- most of the counties. tisewents as a State we could possi bly have. It would lessen the rate of taxation to extent that it would attract and be a great in ducement to capital, manufacturing such an pot carry out what they know to be | their sworn duty (to see that all} property equal,) the| newspapers on the question likewise remain silent. Fellow bankers of this association | are not we largely at fault for this apparent lack of interest by the} press on this subject? I believe the press, the great champion of equity Z $ i a right, ‘s ready and willing to oe “iy ea each bank that assit in placing before the public the ern. te : hi name or facts as they exist, and in oe ee : a ee S cee on the ing justice, equity and right in the capital stock of the banks to create eeement of property. The only way | ~ SER be eae legitimate = to do this is to asses all property at es of such action as this associ eiialsainecandncl take bank | #ion mar, after careful deliberation te at its Setnal pale lend (other | cose eet ss bose nand perty at a percentage of its true; ” ape : Lea ase P =e | tice under the constitution and laws as citizens of the grand old State of Missouri. remembering always that ice is all that we ask. ad others to come and and to lecate in Missouri, the best State in the Union. I ask and urge this convention to take immediate action and to organ ize for effective work, as every bank in the State will be benefitted there by. And I suggest that there be an interest, farmers, is assessed asserting our rights and asking jus Missouri as well as in many other States. | i Gentlemen and ladies of this con-| STUY 820 J What's the Use ot Tal portance in dollars and cents to the} About coldsand coughs in the sum- -er in the State of Missouri and|m™mertime. You may have a tickliug banker in t cough or a little cold or baby may have the croup and when it comes you ought toknow that Parks cough Syruy is the vention, what subject is of more im- | and prompt attention; or what sub- ject calls fora more decided action CICARS AND TOBACCO, Always pays the highet market price for County East Side Square. Butler, Mo- | and the drive wheels gave way under rooster, than this unjust and intentional dis- , jmiles from this city, was the old home of General Jackson, and where jhe was laid to rest in June, 1845, is | the property of the State of Tennes- |see, and has been for several years in charge of the Ladies’ Hermitage association. The object of this as | Sociation is to preserve the home and relics of the ex-President. The re [mainder of the estate is used asa jhome for ex Confederate soldiers. | | The remaius of Mrs Jackson, wife | of the general, rest next to those of | ber husband ina tomb prepared by | | see the | bim. It resembles in appearance an} | single buggy harness, I styles and prices, from the cheapest Butler, Missouri. jOpen summer house—a small white | \dome supported by pillars of white! jtmarble. The tumb of Geueral Jack | sou bears the simple inscription: “General Bring your old ha s county, Mo. They keep | McFARLAND BROS. and of Bate Andrew Jackson. born March 14, 1766; died June 8, 1845.” The desecration of General Jack- son's grave was discovered at an early Lour today and the fact im-} dless variety of Call mediately reported to the Ladies’! Termit if e association. A long plank was left lying beside the grave. Sus- picion rests upon a well dressed ne gro, for whom the authorities are looking. He went to the residence of a white mau living half a mile from the Hermitage yesterday after- noon and borrowed a shovel, which, he ieturned this While near the Hermitage he made some inquiries about General tomb. ices and the en horse millinery. morning. Jackson's -upin pr The Ladies’ Hermitage association officers are at aloes to know what could be the object of the person or persons who disturbed the There are charge of the house and grounds and ihey knew nothing of the noc turnal visits until daybreak EEL FORK “COW BOY § ; second-hand harness from 1 Oh new one}. grave. ouly three persous in the tremendous weight. ev rything that horse owners need. smash to the best ST The Times Campuign Rates. that South-west may have an excuse for not being posted on the develop ments of the interesting political campaign An lowa Town Burned, Lamoure, N. D, Aug. 2 —This city isin ashes. A great fire broke out on Front street at an early hour, and fanned by a strong wind laid waste the entire business center of the town. Four blocks of stores are burned, including the County In order no citizen of the which is just opening, The Times has mace a special cam paign rate of $2.00 for the daily and | Court house and the The | Sunday paper, and 30 cents for The | Leland hotel and a drug store are| Twice A-Week Times until January | the only buildings left standing. |1- The loss is $200,000, only partially covered by insurance. The fire broke outat midmght in the store of A. records. While The Times is an earnest ! and fearless supporter of Democratic | principles, it is, and always bas beer, liberal enough to open its colun us | Hage and spread to Howe’s|to representatives of different politi hardware store. The city was with-|cal opinions for the discussion of out fire protection. About forty|their views. In the columns of The! ; 1 buildings are burned and the losses | Times the important news of the! run from $8,000 down. Bob Ford’s Slayer. Col, 1.—Edward O'Kelly, who is serving a life sen- tence the penitentiary for the | murder of Bob Ford, slayer of Jesse James, at Creede, has applied for | a pardon. As justification for the| J “The killing of the man was the outcome of previous trouble. At the time of the killing he made a movement | fully and fairly. Its news fe are unequalled by those of any other | the South ! ade e:ther the ities | Denver, Aug. newsp in west daily who holds to those ec ples for the success people of the West Liberal |masters. Sample copi 1OMBIC F crime, he ss of which iding. | post re cont terms to agents an for his gun and, thinking he was going to kill me, I shot him.” In his application, | O'Kelly states that he was born in | Missouri, although he denied it at| his trial, and it is believed he went | to Creede and obtained a commis sion as deputy sheriff for the express purpose of killing Ford. s free. Shot In His Home. anla, I. T., Aug. 1.—An une| known party attempted to assassin-| named John near Wewoka, Monday night. after he and his wife had retired a \before they had fallen asleep, the Bucklen’s Arnica Salve, j assassin slipped up toa window near The Best Salve inthe world for Cute; their bed and fired, the bal! breaking Bruises,Sores, Ulcers,SaltRheum Fever ven” Sores, Tetter,Chapped Hands, Chiblains | H2¥eB 8 87™- | clothes were set on fire from the Corns, ind all Skin Eruptions, and posi- tively cures Piles, or no pay required. I gun,and she was slightly burned | could ate a farmer Haven, Just | Mrs. Haven’s night | | is guaranteed to give pertect satisfaction | E 7 or money refunded. Price 25 cts per bdoxt| before it be extinguished. | L : For sale by H Tucker d | Haven’s arm bas been amputated. Terrific a ., 2 The Weekly Kansas Cit Hugo, Col. Aug. 1—A terrific) | | | : i i ; eas ie rain storm, the worst in years, swept | Addresses the farmer as a Denese | 3 ie }man and a citizer. Doesn't tell bim | over Western Lincoln county last Mar campaign of 1894 will be set f rth! mle Democratic State Press Aassociation Meeting and Ratification. Au adjourned meeting of the Dem- ecratic State Press Association will be held at Pertle Springs (Warrens- bu : and Saturday, August 24th h, next [tas hoped that Democratic editor Missouri will not only but and every in be present, will have their names enrolled upon the roster of the Association. It is the purpose of the committee to make those days red letter days the history of the De party in Missouri The State Central committee has taken up the matter and will make these dates the opening of the state moeratic campa Prominent — speakers among whom are: Vice President Stevenson, ‘Silver Dick” Bland, Governor Stone, Ex Governor Fran- eis, Champ Clark and others are ex pected to be here U. A. McBrine, Sec’'y Dem. State Press Ass'n Warrensburg, Mo. Lincoln Institute Fire. Jefferson City, Mo., Aug. 2.—The main building of Lineoln institute, which was struck by lightning and totally destroyed atau early hour this morning, was erected in 1870 at a cost of $35 000, and since that the State has spent about $3,000 on it in improvement. It is insured in different companies to the extent of $12,000 The contents, however, consisting of an extensive time library, a chemical laboratory, school jfurniture and apparatus, is a total loss. Many of the books were the property of students away for the summer vacation As soon as settlement of the in- surance is made, President J. W. Henry of the board of regents will call a meeting of the board. There is a question as to whether the board has the authority to rebuild until the Legislature authorizes it, but this will be determined at the meet. ing and if it can do so the board will at once proceed to construct another building. The school will open as usual in September and will be continued without interruption as room can be made in the other buildings for all the classes. Ballard’s Suow Liniment. 3 This wonderiul Liniment is known trom the Atlanti> to the Pacific, and trom the lakes to the yult. It is the most penctrating lintment in the world. It willcure rheumatism, neuralgia, cuts, sprains, old sores, burns, sciatica, sore thaoat, sore chest and all inflammation, atter all others have tailed. It will bruises, wounds, cure barbed wire s, and heal all wounds where proud flesh has set Tt is equally efficient tor animals, Try it and you will not be withoutit. Price soc. Seld by H L ‘Tucker, Butler, Mo* Extending American Trade. Washington, D.C, Aug. 2—For many months the t the State ties of been making systematic movements 3ureau of Statis- department Las to procure from our Consuls in for- eign ports reports indicating how American trade may be extended in the where they reside. The imformation thus collected bas countries ny cases been of great value to American exporters. One of the latest reports of this kind comes froi Consul Hall at San Juan, Porto Rico. He points out the peculiarities f the Spanish taste in goods, dwells upon the impertauce of proper pack- presentation of goods hrough responsible agents, and se- verely condemus as wasteful and in effective the promiscuous distribu tion of circulars. and ng Another report from Cousul Gen- eral Rickman at St. Gall is of special interest to meat exporters, embody- ing as it does the reports of careful inquiries by allof the United States Consuls Switzerland into the possibilities of creating a 1emunera- in tive market for Awerican beef,drees- ed aud on tie hoof, in the country. The general opinion is that B feasible aud that the butchers Lave already a strong pre- disposition toward American meats. The Norwegian government has promulgated a set of regulations governing the irportation of live stock into Norway. Horses, when imported, must beara certificate of scheme is night, doing great damage and par- ticularly to the railroads. In the | vicinity of Lake Station on the Uniou Pacific, several hundred feet of track was carried away. Passenger trains were delayed many hours and wreck- | ing trains were sent out from Chey- enne Wells and from Denver. Fear \is expressed that the reservoir on best cure for it. Sold by H. ghises the Big Sandy will break. how to farm, but bow to sell, and! healtbfuluess from the police au. ' where and when, and keeps a }ant eye upon his rights as as a producer and a tax payer. | news, too, and plenty of ing” for the family. Now | 100,000 farm houses. | eight-page newspapers for 25 cents.|ed States or other countries than To any one who sends the Weekly | Sweden; swine may be imported only Star five yearly subscribers together|from Russia. The importation of with $1:25 the paper will be sent one | fresh beef and pork and green hides year free. is also prohibited, ‘| thorities of the oxportiug country } ae | or the Consul, and must be inspected q.| Upon arrival by a government veteri- in | Darian. Meat cattle, sheep and goats | read Fifty two big ; ay not be imported from the Unit-