The Butler Weekly Times Newspaper, May 20, 1897, Page 2

" go SENATE SUGAR SCANDAL. Dabbling in Stocks on Inside Knowledge. Senator Smith Made $3,000.—Other Senators Said to Have Made $30,- 000 and Private Tips Given in Advance. New York, May 12.—It is publish- ed here today that Senator Smith of New Jersey sold 6,000 ehares of Sugar stock short yesterday at 116 Sugar stock closed at 115}. His profit for the day, with the broker's commission deducted, $3,000. If sugar stock continues to fall in priee, he will make many thousand dollars more on tbis transaction. Other senators are said to have made $30,000. There ia no doubt, say dispatches from Washington, that the exact schedule was known to several per- sons outside of the committee at least two days before May 4, when the bill was made public. And it is generally believed that the knowl- edge was used to advantage in the market. Abraham White is a broker of this city, who successfully negotiated, with the aid of Russell Sage, the purchase $1,000,000 worth of Gov- ernment bonds during the last popu lar bond sale on an investment of 48 cents for postage. He cleared about $200,000 by that deal. When the Dingley tariff bill went into the hands of the senate sub committee, Mr. White went to Washington and cpened an offics. He advertised boldly. It was noted that the persons who frequented his office and traded through him were mostly senators and representatives. He lived at the Arlington Hotel, where, it will be remembered, the senate sub commit. tee held its secret meetings. He was frequently seen coming out of the room where these secret conferences were being held, although it was impossible for any but a few favored senators and representatives to enter this priyate chamber. Mr. White spent all bis time while in Washington either in his office, at the Capitol or at the Arlington. People who were intimate with him say that he always appeared well posted on the movements and deci sions of the senators who were fram- ing the tariff bill. He manipulated the market on information thus got and cleared $70,000. It is alleged that senators and representatives shared this amount. It Will Surpise You. In order to prove the great merit of Ely’s Cream Balm, the most effec- tive cure for Catarrh and Cold in Head, your druggist will supply a generous 10 cent trial size or we will mail for 10 cents. Full sizo 50cts. Ely Bros., 56 Warren St, N. Y. City. Ely’s Cream Balm has completely cured me of catarrh when everything else failed. Many acquaintances have used it with excellent results — Alfred W. Stevene, Caldwell, Ohio. One of the Three R’s, New York World. “Retrenchment, Revenue and Rest.” This was the World’s pre- scription many months ago for the evils that afflict the country. It has not been accepted. There was no suggestion of retrenchment in the appropriations of the last con- gress. There is no rest in an extra seasion for tariff ripping purposes, and there is no promiss of revenue in the Dingly bill as framed by the house. Itis good newa, therefore, that the senate sub committee is at last awake to the fact that revenue is a necessity, and that in order te se- cure it taxes must ba laid upon dem- ocratic lines. It proposes a duty of 10 cents a pound on tea and addi- tional tax of 44 cents a barrel on beer. No pretense of protection no alarm cry of “frea trade,” can alter! the fact that taxing imports to the point of exclusion will not provide the money with which to pay the bills approved by a billion-dollar| congress. Politics is growing prac- tical at last. The republican sena-| _tors have been forced tolook out for more revenié~ Setting it somethin Rained. Sao ae 2 in en! & will have ba” Deacon Bros, & Co, | LOWER THAN THE Mowers, Champion Mowers, Deering Steel Hay Rakes. CROCERY, HARDWARE, STOVE AND INMNIPLEMENT STORE IN BUTLER. Acrents For:-——Deering Binders, Deering LOWEST PRICED Binders, Champion THE OHIO RIDING 0 CULTIVATOR, BEST ON EARTH, The best line of Buggies for the money in tne southwest. Moline line of Walking, ‘Rid- ing and Tonguless Cultiva- tors, best made. We carry the largest stock Bates County. Chicken net of the following goods iu ting, Hog and Stock fence, Barb wire, Nails Iron, Stee], Screen doors, Screen wire, Lawn Mowers, Ic3 Cream Freezers, Croquet Sets, Tin- ware, Copperware, Stoves, Steel Ranges, Buggy paints, Machine oils, Scythes and Snathee, Boys Express Wagons, Field an d Garden seeds. DEACON BROS. & CO. Lower than the Lowest Price Hardware and Grocery House in Butler. Survivors of the Ciyil War. New York World. Col. F. C. Ainsworth, of the War Department, bas compiled some curi- ous and apparently fairly reliable etatistics of mortality among the survivors of the Union armies in the civil war. He finds that there are now 1,095,628 survivore. This num- ber will decrease as follows: Therefore, according to Col. Ains- worth, eighty years after the war and forty-eight years from the present time the last survivor will be depart ing. At present there are about 760,000 survivors on the roll This leaves 335,000 who might be added. A | good percentage of them probably will be added under the present Ad- ministration. In addition to survivors there are 219,600 widows, &c, on the roll to whom goes more than one third of the $140,000,000 annually appropri- | ated. The possibility of additions to this part of the roll is not limited or in any way influenced by the de- crease of survivors We are still pay- | ing pensions to half a dozen widows of soldiers of tha Revclution. And as fast as the survivors die off the advocates of heavy taxes and Jiberal appropriations will add the widows to the roll. So that there is no rea- son why we should not be paying as tmauch more for pensions ten or even twenty years from now as we are paying to day. Col. Ainsworth says that the mor- | tality among old soldiers is not greater but much less then among the average of men. He accounts jfor this by the laws which gives them preference in pubic employ- ment, by the soldiers’ homes where life is carefully prolonged. by the j Posts and other benevolent organi- | | zations that lock after the wants of | ithe sick and needy, and finally and | chiefly by the superior advantages | his pension gives the old soldier over the ordinary citizen. Why Wheat Don’t Advance. Post-Dispatch. The condition of the growing wheat crop is such, and the drain upon the old stocks of wheat, owing to short crops and famine abroad, has been such that higher wheat prices strike many mer asa natural and inevitable result. They are convinced that prices should not only go higher, but re- main higher. Government crop re- ports favor the argument for higher prices. The movements of grain and the amounts shown to be in transit strengthen it. Old stocks are being rapidly exhaused, and official figures prove reduced acreage and poor con- dition of the crop soon to be har- vested. But no considerable per- manent advance in price can be made. There is always a_ speculative cique in the market organized for the purpose of keeping down the | price of wheat until the crop is out of the farmers’ hands. This was done last year, it is done every year, and it can be dune again this year. What makes it possible? The gold staudard. The great depressing in- fluence in the market now, -which parslyzes all tendencies toward higher prices, is the price of foreign exchange. Goldisin demand and the greater the demand the greater | its value and the less the relative value of commodities for which it is exchanged. During the existence of conditions under which this country grew, when money was not constant- ly appreciating in value in compari- son with everything else, it was possible for prices to advance. But | witha money supply always less than the demand for it, a short supply of commodities bear no legit- imate relation to its market value. As a result combinations to depress | prices of commodities and then to advance them for the profit of the | speculators are easy to those who can manipulate the movement of the gold eupply. When it is possible to | corner the money of the world it is possible to corner anything. A Warm Friend. Foley’s Colic Cure is very hot, but when diluted it isa warm friend indeed to those suffering from bowel complaints. It never fails. 2cand50c. AtJ A Trimble’s, TAX ON TEA. Will Come Out of Consumer’s Pocket. | New York, May 11.—Tea import- ers have not waited for the passage of the tariff bill, with its proposed duty of 10 cents a pound upon that | commodity. but have advanced all | grades of tea from 3 to 5 cents al pound. | The market, which was ina very | sluggish condition a week ago, has | been changed into one of great ac | tivity, and prices are being raised by | a series of jumps asthe jobbers gain | confidence in tue senate to enact the | bill as amended by its finance com-| mittee | Speculators have not been slow to | take advantage of the eituation, and at the rate prices are being pushed | up, wholessle merchants will find} themselves compelled to pay the full amount of the proposed duty before the bill becomes a law. Of course, retail prices will at least keep pace with the advance in the wholesale rates, and tea drinkers all over the land will foot the bill. So far as could be learned from} talks with leading dealers in tea yesterday no one in the trade had an inkling of what the senate finance committee proposed to do until the bill was reported to the senate last Tuesday. Kentucky Renegades. Owensboro (Ky.) Messenger. The Kentucky senate is about as safely republican as the house. It} was supposed that there was a dem ocratic majority of at least five in the senate, but the gold democrats —nearly all of them like Joe Noe. elected by overwhelming silver con- stituencies, who never suspected the men they elected would betray them —have been uniformly voting with the republicans on party measures during the present session. Noe is tone of those who have identified themselves with the republican or- ganization and vote against the dem- ocrats upon all occasions. These fully realize the odium in which they stand at Lome, and unblushing- ly stand ia with the party which they were elected to oppose. They know that there is no political fu ture for them, and therefore are now doing their worst. There sbould be some way to punish men who are so unfaithful to the people who at the ballot box put their trust in them. Fighting at Havana’s Gates. Jacksonville, Fla,, May 12—A band of Cubans under Delgado ap proached Havana, firing at the uu- posts. The firing was heavy tor over an hour, and it is said Z : that several Spanish roldiers were piijeg and wounded, and that the Cyia.'s loss was still greater. The Cubans are making frequent dashes around the outposts with their cavalry, and every morning from ten to twenty-five wounded Spanish soldiers are taken into the city hospitals. Col. Frank Bacon Dead. Arkansas City, Kan, May 13.-- Col. Frank Bacor, aged 56 yeare, of Chanute, Kansas, is dead at Gueda Springs, of heart failure. Col. Bacon was a candidate for Lieutenant Gov- ernor when Gov. Glick was elected, wae Register of tbe Oberlin land office during President Cleveland's first term, end succeeded John Rich- ardson as chairman of the Demo cratic State Central Committee. Atchison, Kan., May 12.—Mrs. A. B. Risk shot herself through the heart at the home of her father, William Reece, near Bean Lake, yes- terday. Domes'ic troubles are said to have been the cause. She leaves three small children. and health making are included in the making of HIRES Rootbeer. The prepa- ration of this great tem- perance drink ts an event of importance ina million well regulated homes. HIRES Rootbeer is full of good health. Invigorating, appetiz- ing, satisfying. Put 4 some up to-day and have it ready to put down whenever you're thirsty. Made only by The Charles E. Hires Co., Philadelphia. A pack- age makes 5 gallons. Sold everywhere. |feat very many of the important |the democratic standpoint that the REASONS FOR USING Walter Baker & Co,’s a cup. BAK DEMOCKATIC PROGRAM Not to Defeat the Tariff Schedules. Wasbiogton, D. C., May 13.—The | democratic senators will hardly be! prepared to begin the tariff discus- | sion next Tuesday, but they say the | fault is not theirs. The failure of | the republicans to have the compar- | ative statement ready, as they prom- ised, caused them no end of annoy- ance. Itis probable that Senators Aldrich, Allison and other leading republicans will consent to have con- sideration of ths bi'l postponed until the 26th inst. | Prominent democratic senators say it will not be their policy to de- items in the bill. It is argued from | | worse the echedules are, the worse) it will be for the republicans at the | fall elections Alger Gets Even. Washington, D C, May 13.—“I amin command of the army in the absenee of Gen. Miles,’ said Secre- tary Alger to-day. This statement is said by army officers to be very signifieant. Maj. Gen. Merritt at New York would naturally sueceed to command | during Gen. Miles’ absence abroad. Gen. Merritt is the only living officer who signed the report recommend- ing the dismissal of Gen. Alger from the Army of the Potomac for alleged absence without leave. This may be merely a coincidence, | but the story is afloat that the Seec- retary of War intentionally assumed command to avoid the necessity of bringing Merritt to Washington. Paper Cash in Pound. | Washington, D C, May 13.— Secretary Gage has given instruction to United States Treasurer Morgan and the several subtreasurers to im pound, as far as possible, all green backs and Sherman notes. His policy is to keep these two classes of cur rency locked up. In pursuance of this policy,during the past two weeks the greenbacks held in the Treasury have increased from $29,037,000 to $34,189,000, and Sherman notes from $24,442,000 to $25,802.000. Some Treasury esti- mates for Saturday’s gold exports run as high as $3,500,000. Yester- day’s withdrawal of $556,000 for export to-day reduces the gold re serve to $147,445,000. Can the “man with the lost mem ory” who has now lost himself, be a | republicen leader from Washington | who bas forgotten the promises he | * got in on?” —New York World. Secretary Gage should not be in such a hurry to put the merely proe- | pective taxes of the new tariff bill in operation. There will be enough retributive votiog against it without making it retroactive.—New York World. The case of Gordon L. Stephens, the Buncetown bauker, arrested on the charge of attempting to forge a cheek on I'red S. Rogers, assistant cashier of the only other bank in the town, was dismissed by the State. Bondsmen of Samuel S. Creamer, ex-Collector of Clinton county, made | good achortage of over $5,000 to | the State. There still remains a! shortage of about $2,000. Dr. Kings New Discovery for Con | 6 sumption. | This is the best medicine in the world! tor all forms ot coughs and colds andi tor consumption. Every bottle is guar- | Be sure that you get the genuine article made by WALTER = CO. Ltd., Dorchester, Mass. | DISEASE | AFFECTION unimpaired e beans, ess than one cent Established 1780. BUTLER, MO. Successor,toz Bates Co. National Bank, Established in 187C. Paid up capital. $125,000 # A general banking business trang # acted. F. J. TYGARD, - + + President, © HON. J. B. NEWBERRY, Vice-Preg, J.C.CLARK - - Cashier eee DR. J. M, CHRISTY, ; HOMOBOPATHIC PHYSICIAN AND SURGEON, Office, front room over McKibbens store. Ail callanswered at office day night. Specialattention given to temale dis eases. Dr, R. Fred Jones Physician, ‘ Office over McKibben store. Residence, M. charch parsonage, corner Ohio & Havannal: streets. T C. BOULWARE, Physician ané e Surgeon. Office norta side square Butler, Mo. Diseasesof womenand ¢ en aspecialtv. DR, J. T. HULL DENTIST. Newly Fitted up Rooms, Over Jeter’s Jewelry Store. Entrance, same that leads to’ Hagedorn’s Studio, north side square , Butler, Mo, — Thos. W. Silvers. J. A. Bil Silvers & Silve ——ATTORNEYS ‘AT LAW— BUTLER, - - - - - - Will practice in all the courts. Thos. J. Smith LAWYER, Office over Bates Countv Bank. Butler, M GRAVES & CLARK, ATTORNSYS AT LAW. Office over the Missouri ‘State North side square. ——____ eee C. HAGEDOR The Old Reliable PHOTOGRAPH North Side Square. Has the best equi gallery Southwest rata All Styles of Photogrp executed in the highest style of art, and at reasonable prices Crayon Work A Speci All work in my line is gu ‘ give satisfaction. Call and samples of work, Cc. HACEDO A LOCAL A CLIMATIC Nothing but a local remedy or change of climate will care it, janteed. It will cure and not disappoint It has no equal tor whooping cough, | asthma, Hay tever, pneumonia, Bron- j chitis, la grippe, colds in the head and} for consumption. It is sate for all ages, | pleasant to take, and, above all, a sure | cure. Jt is always well to take King’s | New Life Pills in connection with Dr. | King’s New Discovery, as they regulate | and tone the stomacn and bowels. i guarantee perfect satisfaction or return money. Free trial bottles at H L Tuck- | lat er’s drugetore. i We , senses of taste and smell Get a well-known Pharmaceutical rem- edy, ” ELYs CREAM BALM It is quickiy absorbee ca Gives relief at once. co ly pees and cleanses e nasal p «a. Aliys inflam: and protects the memorane i No cary, no injurious drag.’ Fall size 9, or by mail. &% Warren St..8