Omaha Daily Bee Newspaper, August 17, 1893, Page 4

4 THE DAILY BEE. == = ¥ ROSEWAT! Lo rURI P R, Bditor TSHED EVERY MORNING. NS OF SUBSCRIPTION, Datly Bee (without Sunday: One Year. Daiiy and Sunday, One Year . Bix Montha, Threo Months. Banday e, U1 » Bew, On e 800 10 00 Year 20 Yenr. . . 100 Y weeaee 100 OFFIUES, Omaha, The Ree Bullding. Fouth Omalm, corner N and 26th Stroets. Council Blufte, 12 Pearl Street. Chicn OfMice, 317 Chamber of Commerce. New York, itooms 13, 14 and 15, Tribune Bailding. Wasliington, 618 Fourteenth Street. CORRESPONDENCE. All communications relating to news and editorial matter should be addressea: To the Editor. RUSINESS LETTERS jusiness letters and remittances should be nddressed to The Beo Pabiishing Company, Omahn. Drafts, checks and postoffice orders 10 be made payablo to the order of the com pany. Parties leaving the ity for the summer can have Tie BRE sent to thelr address by leaving an order at this office. THE WEE PUBLISHING COMPANY. e = The Bee in Chicago. Ty DAty and SUNpAY BEe 1s on sale in Chicago at the following pla Palmier house. Grand Peific Auditorium hotel. Grent Northorn hotel. Qore hotel. | cland hotul. Files of Tite BEE can be seen at tho Ne- braska building and the Administration build ing, Exposition grounds. \WORN STATEMENT OF CIRCULATION. State of Nebraska, ~ Connty of Dovglas. orige B Taschuck, secretary of Tie DEs Pub- . does solemnly swear that the clreulation of THE DALY TRE for the week ending August 12, 1883, s follows: August O.... i Angiist 7. .+ Augcust 8. iay, Augisis Thursaay, Atneust 10, Friday. Awgzust 11, , August v 24,381 Grone B, Teseny 10 before me and subserided in sence thin 121 day of August, 186 N. . Frii., Notary Publie. 'S\\lr THE attendance at the World’s fair is reaching up over the 150,000 mark. PATRIOTISN pays, especially when joined to an investment in good gilt edged interest bearing bonds of the city of Omaha. THE fact that )00 unemployed oper- atives in Pittsburg will be set-to work next week is one of the sure signs of re- turning prosperivy. SENATOR KYLE'S postal savings bank bill is quite appropriate to the times, but 18 foreordained to disaster by the vicious land loan provision attached to it. NEBRASKA has been included in the few chosen states invited to send dele- gates to the Pan-American bimetallic convention. A doubtful compliment, surely. THE congress on arbitration and peace have had two very fine topics for discussion furnished them by the recent results of the Siamese affair and of the Boring seaarbitration, e ——] THATdelightful outing which attaches of the Bering sea arbitration commis- sion have been enjoying at the expense of their respective governments must now be called to an end. THE roller chair pushers 2 the World's fair are striking againsta re- duction of pay. The roller chair occu- pants ought to take their turn and strike for a reduction of charge THE large number of Nebraska repub- lican postmasters who are not being turned out of office every day is a suffi- cient proof that your Uncle Tobias Cas- tor has left the national capital. THE haste of congress to make the mileage appropriation available stands out in brilliant contrast to its tardy movement in relieving the people who are suffering from the financial depres- sion. ToE decision of the Bering sea ar- bitrators must have hit the golden mean. Both parties to the controversy are vieing with one another in their protestations of satisfaction with the outeome, THE state officials who are holding up tho applications for the purchase of the saline lands belonging to the state are doing just vight. A little painstaking investigation upon their part may be the means of saving to the state thousands of dollars. EVERY labor organization in the coun- try will show the part of wisdom by dis- couraging strikes at the present time. There are too many idlo men in the country to warrant an increase in the number of the unemployed by injudi- cious controvorsies PEOPLE on the Pacific coast have a convenient scapegoat in the Chinese. They now accuse them of preventing the whites from securing employment. In- stead of being satisfied with the law that keeps out all Chinese immigrants the people on the coast want to get rid of those still here. CLOSE observers of the drift of public sentiment all over the country note the existence of & more optimistic feeling. The banks are practically out of danger, money 18 easier to find by legitimate borrowers, trade is improving and con- fidenca is rapidly returning. The coun- try will be happy yet. TEN thousand people got Citizen George Francis Train ina corner and cocmpelled him to entertain them with a speech. If Senator Stewart were only wble to get those 10,000 people in a place where they could not escape one of bis never-ending silver harangues how sweet s revenge George Francis would have! ACCORDING to the manifesto of Mr. Asinine Colorado Fisk of Bimetallie league notoriety, what we now need is to divorce the west from the east and to cut off all relations of trade and com- merce with the eastern cities. The next thing the silverites will demand will be tnat every person dwelling west of the Mississippi give up house, home and happiness to advance the interests of Mhe silver mine ownors. | | both DEBTOR AND CREDITOR CLASSES In the course of tho financial discus- sion in the house of representatives Tuesday the declaration was made hy an advocato of tho freo coinago of silver that “‘tho present fight was between the debtor and creditor classes,” This fs & favorite asscrtion with the people who advocate a policy that would lead the country to a debased curren fpriunately it is accepted us sound by millions ¢f thoughtless or prejudiced persons who either cannot or will not see how fallacious itis. If the people who make this assertion they would find it impossible to do s0in a way that would stand invosti- gation, for the obvious reason that at one time or another nearly everybody is creditor and debtor. Of course, those who endeavor to create antag- onistic classes of those who owe money and thoso to whom money is owed will say that the bankers belong exclusively to the creditor class. But is this true? Bankers do not loan their own money, except to a very limited extent. They handle the money of other people depos- ited with them. For ev dollar thus placed at the disposal of a banker by a manufacturer, & merchant, a wage earner, or whoever clse, be becomes a debtor, and in this way the bankers of the country owe now hundreds of mil- lions of dollars to their creditors, the depositors. These funds are loaned out on various forms of security and the borrowers become indebted not in reality to the bankers, but to the people who supplied the money to the banks to be thus made use of, «o that, by way of illustration, the farmer or the wage earner who borrows a few hundred dol- lars to improve his farm or his house may have as his ultimate creditor an- other farmer or wage earner. The banker does not make his money by loaning his own capital altogether, but from commissions in the form of interest, which he obtains for handling the capi- tal of others. He is a creditor only to a very limited extent, while he is a debtor to a very large extent. How is it with the manufacturer merchant? As a rule they are always debtors. There are comparatively few great industrial and mercantile estab- lishments in the country that are not constant borrowers of money. They are compellod t8 give credit in order to do business, carrying from tens of thou- sands to hundreds of thousands on their books. They are enabled to do this by becoming themselves debtors. The agricultural producer is a creditor when he consigns his products to market and does not at once receive in exchange for it cash or its equivalent. The wage earnar is a creditor of his employer until the labor he has rendered is paid for at the end of the day, or weck, or month, when by arrangement he shall receive his wage. Obviously the vast majority of the people in this country are both debtors and creditors, 8o that to attempt to sep- arate them into antagonistic classes is manifestly an impossible task. Those people who are best entitled to be called creditors ave not the rich men who are engaged in banking, in manufacturing and in trade, but the smillions of work- ing veople whose small savings aggre- gate an gnormous sum invested in vari- ous ways, and these would suffer im- measurable injury from a debased cur- reney, while the only class that could be benefited the comparatively small number of debtors who owe more than is owing to them, and even this class of debtors would be benefited only in respect to their old debts. Itis time that men who assume to have some in- telligence and discrimination dropped this fallacy about debtor and creditor classes, s0 far as this country is con- corned. They do not exist here as dis- tinct elements of the population, or at any rato not in such numbers as to make it necessary to consider them in connec- tion with a financial policy in violating the interests of the great body of the people and the prosperity and welfare of the country. and are OMAHA BONDS FOR NMALL INVESTORS. The city council authorized the city treasurer to dispose of any unsold bonds which may remain on his hands at private sale in sums of not less than #100 at par with accrued interest. This means that the city is to resort directly to the people who wish to invest in good interest bearing securities without the intervention of bond brokers, who are caveful to charge commissions for the gervices which they render in placing loans for their patrons. [t also means that the bonds are to be issued in sums to suit tho small investor. Under such favorable conditions the entire issue ought to bo speedily taken. No one can say with exactness how much money has been withdrawn from our savings banks and other institutions of deposit or withheld from deposit in those institutions. But all who are at all conversant with the local situation are convinced that large sums of money are being hoarded in our midst simply by reason of unfounded lack of confidence in the banks and bankers. This money when on deposit was drawing regularly acertain interest; it now lies idle. do- creasing the amount of money in circu- lation and upholding the financial stringency. There is no better way of bringing it back into the stream of trade and commerce than by investing it in Omaha bonds, Lack of confidence has no place here, These sceuritios are guaranteed by the eity of Omaha, which has never defaulted on one iota of its public debt. They are negotiable by simple sale and delivery or can be used as collateral for loans. They pay & per cent interest, which can be secured by detaching the coupons and having them cashed as they become due. The council hasno power 1o sell them below par, and as & consequence they ean not under ordinary ciroumstances depreciate below par, that 18 below what is now asked for them. On the other hand they have usually sold for a handsome premium and with returning prosperity can scarcely fail'to go up severai points above the present selling value. They pay botter interest than savings banks deposits and as much as any time certificate of depoeit. They somblo the latter in many respects, but excel them in the financial backing be- hind them, Add to this the fact that | . and un- | wore asked to | define and separate the creditor classes | | tho proceeds are to be invested right | here in our midst to give emplovment to the idle laborers, which in turn will have its effect in reviving business, and | the argument for investing in these | honds is completo one is asked to buy tho securities now offered out of mere charity. They | are investments which aro desirable from a purely business standpoint. They offer a safe channel by which the money withdrawn from the banks may be returned to them, and the fact that such investments involve with them the pro- motion of public improvements and the relief of the unemployed ought to com- | mend them to the sound judgment of every one who has the money at hand. THE END OF PELAGIC SEALING. Tho fuller reports of the terms of the Paris decision reveal still more strongly the advantages it gives to the United States, and there canbe little suprise that the Englishmen returned to London sorrowful and silent. Confining the pelagic sealer to the use of a sailing and an undecked vessel—an open boat or canoe—and depriving him of the use of nots and explosives, restricting him practically to the spear, as in earlier times, makes his calling extremely pre- carious and its profits more than un- certain. The trouble has been caused by steam vessels, fitted up for cruises of weeks and months, and by the use of nets and firearms, while there has been no ‘‘close season” at all. The pelagic sealer cannot now venture very far from there, nor can he remain long at sea. His trade has been de- stroyed, for when its profits no longer pay for the risk and exposure involved, there will be little desire to engage in it. The enterprise and hardihood of the thrifty Canadians will hereafter seek other channels. The question of damages to be paid for illegal seizures of sealing vessels hitherto made need alarm nobody. The damages cannot be mueh, in view of the award of the tribunal, stamping the pelagic sealing business as it does with the stigma of reproach. In any event, it must be remembered that the United States long ago agreeda to pay a lump sum for these seizures if only England would agree to regulations for the pro- tection of the seal. This will be found in Mr. Blaine's letters to Sir Julian *auncefote. The more the Paris award is studied the more substantial and im- portans appears the success of the United States in securing the protee- tion of an important indusiry. No won- der Sir John Thompson, representing his Canadian constituents, dissentod from the finding, which is, as Mr. Justice Harlan appropriately states, far in advance of anything the United States has hereto- fore demanded. THE OUILUOK AT WASHINGTON. It cannot be said that the outlook at Washington is altogether encouraging. There still appears to- be good reason tobelieve that the bill to repeal the silver purehase clause of the act of 1890 will pass the house unconditionally, but the prospect for such atmoasure getting throngh the senate has not improved, which amounts to saying thav it ie decidedly! unpromising. The advocates of the free coinage of siiver in the senate do not show any disposition to yield anything and from the nature of their declarations very little in the way of a conc on can be expected from them. They mavnifest amore obstinate spirit than the free silver men in the house, with perhaps a few exceptions, and the more they consider the subject the more stubbornly determined they seem to be to adhere to the position that there shall be no legislation regarding silver which does mot ‘give that metal as favorable recognition as it now receiving. There appears to be small probability of making any such arrangement in the senate as there is in the house, limiting | debate to two weeks and then proceed- ing to vote, and it is doubtless safe to say that no such arrangement will be made. On the whole, the situation is quite as complicated today as it was at the be- ginning of the session, and, as observed in one of the dispatches, no man is wise enongh to seo a clear way out of the dilomma. The proposed compromise of an increase in the ratio between gold and silver, which carries with it the free coinage of silver, appears to be generally regarded with disfavor by the anti-silver men, and it is reported that a measure of this kind would be vetoed by the president. If that he all effort in behalf of such a compromise is necessarily futile, The silver men are very active, not only at Washington, but elsewhere, and it is not apparent that they are losing strength anywhere, The presence of Mr. Claveland at the seat of government just now might have a good effect, but there ave urgent reasons—presumably of a domestic chavacter—koeping him away, 80 that the anti-silver men cannot count upon his help at present, and the public is not permitted to know when the principal reason which, it is und stood. requires his absence from Wash- ington, will cease to bo potential with him. is 50 WHEN Dr, Cyrus Edson, one of the health commissioners of New York City, became vice president of a corporation engaged in manufacturing and selling a filter designed to purify the Croton water, one of the local newspapers in- timated that he might be using his official position to promote his own pecuniary interests. The doctor saw the force of the criticism and did not delay many days before resigning his place as vice president of the filter com- pany. He recognizes not only in theory but in practice the principle that a public oflicer should avoid complications which wmight set him in an unenviable light before the people. There are numerous city officials in various parts of this country to whom the lesson might be read to advantage. Our only regret is that we fear the example will find followers for the present. THE United States circuit court bas alroady had one disastrous oxperience in its attempts to interfere with purely legislative and administrative functions in Nebraska. Some years ago, when | the city council of Lincoln attempted to remove a vity official for cause, the cir- | cuit court issued ag, injunction rostrain- ing the membord bf the council from oxorcising the Whthority imposed upon them by the sfplutes. The action of the councilmen jp ignoring the injunc- tion and their subsequent imprisonment in this city i¥a mattor of comparatively recent history. ™fje supreme court of the United Statess‘ordered the release of the imprisoncl ‘dignitaries in spite of the fact that flisy had deliberately disobeyed the orderiof the eircuit court. ot THE last repory, (f the Minnesota State Board of rrections and Charities, just published, recomménds to the legisla- ture the adoption of a systom of regis- tering the paupers and criminals, the insane and foeble minded and depend- ents of all classes who come upon the” charitable institutions of that state. This subject has boen discussed time and time again and the merits of the plan aro scarcely open to further objec- tion. The advantages to be derived from such registration are fourfold in their character. First, it supplies a source of information absolutely necessary for any wise and well dirccted application of public rolief. If the people are ever to bo reliovod of the unnecessary burdens caused by impostors some means of de- tecting frauds must be had, as also some way of settling disputes concern- ing the residence of the pau- pers and dependents. Secondly, the board thinks the registration recom- mended would result in saving great ex- pense to the taxpayers of tho state by enabling it to correct abuses now being practiced upon the local authorities. A third advantage would be the value of such a register for indicating the solu- tion of many controverted points con- cerning the immigration into the state. It would tend to show whether the bur- den of immigrant dependents was greater than the benefits which are traceable to their incoming. Finally, such registration would furnish the ma- terial for an intelligent study of the causes and preventives of pauper- ism and crime. Competent observers are said to believe that many of the bur- dens now horne by society are due to the defective methods and vicious systems of dealing with depend- ents and delinquents and that by the adoption of efficient methods the future development of paupers and criminals may be arrested in no small degree. While the Minnesota board can make its recommendations for one state only, the same arguments apply equally in other places, and witha much greater force for the wholo -United States. If we could have a national registration of delinquents and ‘dependents the diffi- culties experienced - by the different state and city officials would be largely diminished. The, ppofessional pauper would be cut off ‘gnd each community compelled to aefray the expenses of its own dependents. A registration of this kind for the whole*United States may possibly be attainéd in the more distant future, but it must'be on the foundation of state registration State registration must be the aim of present reformers, THE friends of (the State university are not tho. only ones Who are congratu- lafing - themselves over the selection of Judge M. B. Rée asdean of the law school. The possibility that the judge might some time be rencminated for judge of the supremo court has cost many a corporation manager more sleepless nights than ono. CONGRESSMAN MERCER advises the people of this eity to enter upon an ac- tive campaign to secure the location of an Indian supply depot and to keep it up until the department takes action. The advie: came just at the right sime and place. Our business men and labor or- ganizations should bear it well in mind. SENATOR PEFFER of Kansas has re- introduced his favorite bill providing for the 1ssue of $300,000,000 of fiat money. The bewhiskered statesman should have made the amount §300,000,000,000 while he was at it. It would take at least that amount to satisfy the demands of the people he repre Tue populists and ‘democrats have come to the parting of the ways in Kan- sas, and both parties sre assuring them- Ives that they are sure to win in the fall elections without assistance. Noth- ing but the most inexcusable blunders can prevent the republicans from sweep- ing the state. TRANSFORM that hoarded money into 5 per cent interest bearing Omaha city bonds. Discredliing Thair Argumont. Indianapolis Journal. When the advocates of free silver coinage consent o di question of ratio at all they practically admit the necessity of putting a dollar’s worth of silver in the sil- ver aollar, New York World, wement to elect United States sen- direct vote of the people and to elect 1o such positiong,pien who will heed the voice of the peoplé’1s gaining consider- ablo momentum. 4 el Wall Ntrost's Wining Power. Minneaptits Tribune. The Wall street repoxt of the “bad bank statement’ means simply that 5,000,000 of New York cash went to the “interior” last eek and that nearly dfie-half of the $14,- 000.000 0f gold importd went westward, The west, south and northwest grow fat on New York’s “'bad bank statements.” b SOC A Beanty jxuh Heels, FPhiladelphia Reeord, The eruiser Minneagglis slipped into her natural eloment Satugdyy a5 gracefully as a swan. She will be ablefo steem completely around the world hout touching any- where for fuel; and itP@ffis proud superiority over wind and wave shéimay justly be called a monarch of oceans’Broad waste, g — Flatforms Mado to Be roken, Philadelphia Ledzer. The effort to hold democrats down to the lotter of their platform is not likely 1o suc- ceed. Theoretically a platform is a kind of agreement between those who are to act under party name, and in the platform formylate the ideas upon which they agree 1o uct together. But in American politics a platform is & device to calch votes or to arive them off. The democratic platform of 184 wus a composite structure. It con- tained “glittering generalities” about silver, with 1o meaning or any weaning Lo suit tho funcy of the reader, and u tariff plank malic fousiy worded by the encmies of Mr. Cleve- laud 1o injure his chances of election. Presi- dent Cleveland has ignored the letter of both plauks, and so also will his followers, who constitute at least %0 per cent of the dewocratic pary. — THE _OMAHA DALY BER:; THURSDAY, AUGUST 17, 1893. PEOPLE AND THINGS. Why not give all members “leave to print" and end the talk on silver. As the season advances, it will be observed there is & marked {ncreaso in the size of hail- stonos. The Columbian congress of dentists ought to bo tho most successful yet held. The mombers possess & romarkablo pull Abo Slupsky and Puke Dismuke are tem. porarily eclipsed. Mossback Hangor and Senator Musback have achioved prominence in Virginia. When tho nawub of Rampur, with his dignity and oriental trappings, appeared before Niagara, ho illustrated the adage, “Pride goes before a fall." jencral James B. Weaver has opened his campaign in Virginia, a few miles nearer tho omolet belt than he has been since he dug himself out of the debris of the November cyclone. Lawrence T. Neal, the democratic candi. date for governor of Ohio, is a native of Parkersbirg, W. Va., and 45 yoars of age. He was admitted to tho bar at Chillicothe, O., s 1866, Jerry Simpson has a name for tho uncon- ditional ropeal democrats which ho is fond of using. His languago is not always choice, but is generally forvible. He calls them “'pio-bollied hypocrites.” Denver's opposition to gold is confined to that hoardod at a distance. Just at vrosent a colony of gold bugs are sluicing local creoks for the yellow metal. They had mnot been lynched at last accounts. The pressure of hard times closed thirty waloons in Portland, Ore., and immediately the democratic state committoo issued an address oxpressing alarm at the “provailing condition of affairs in Oregon.” Secretary Carlisle secms to have had the last word. - When he intimated to the board of lady managers of the fair that the mem- bors ‘oxhausted_public patience and their salaries, an audible silonco fell upon them and they floated into oblivion on a besom of tears. Confidenco took an upward turn in- stantly, The late Beojamin P. Shillaber, whose published sayings of Mrs. Partington wers very popular somo years ago, was fond of quoting her in friendly conversation, though he used to say that such twists of the language camo easier from his pen. He always laughed himself at her perversities, and & friend rolates that ho said that in his last book on Mrs. Partington he had to kill her so that noone_else should lay claim to her. Her peculiarities were suggested to him by those of an elderiy friend of his youth in the New Hampshire town where he was born. s John P. rish, the fog horn of Towa democ- v in yoars past, but now ahsorbing fog and notoricty 1n San Francisco, 18 again in trouble. John P. was chief engincer of a commission which unloaded a bog on the government as a site for a postoffice. A Handsome sum was paid for the ground and it was hintea at the time that there was a generous divvy. Tt is now proposed to get at the Wttom of it through an investigation, and the proposal meets the hearty condem: nation of Mr. Irish. Indeed, his spiriv is perplexed and his soul harassed. He pro- es it & blackmailing scheme and re- to be comforted. Yos; times have changod Sun made the editor of the famous by con The New York Jleveland Leader ntly catling him “a hebe- tudinous crank.” Now he 1s “our esteemed contemporary.” And the Leader retorts by saying: “TheSun has become the best news- paper of its politics, here or elsewhere, now or heretofore.” How sweet and pleasant it is for brethren to dwell together in unity! [Buffalo xpress: It is, truly. The causes which estranged these ominent purveyors of mental provender are also somewhat re- moved. The “hebetudinous crank.” Editor Cowles, is dead, and the mventor of the epithet, Major Lyman, is plucking federal plums in Montana and lauding democratio reform through the columns of the Helena Independent. ] FACIS ABOUT SILVER. Theratio in value of gold to silver was 1 to 15 in 1862, 1to 16 in 1872, 1 to 18 in 1852 and 1 10 20 in 1802, The silver states, so-called, cast 457,000 votes in_the late election. They have eighteen United States senators. Now York ca3ts 1,500,000 votes. 1t has two senators. At 70 cents a bushel the value of the wheat crop of the United States for 1502 was &56,- 000,000, The value of the American gold mined in 1591, the year previous, wus 000,000, Figu Amer ng corn at 40 cents a bushel, the n crop was worth in 1892 $650,000,000. The value of the siiver mined in the same year was §75,000,000, less than one-eighth of the value of the corn. In silver money. France stands at the head of all nations in the per capita amount—s18 per inhabitant. Holland is second, with $14; the United States is third, with 35, Ger: many hus $4.25 and Great Britain 3 The United States stands first among the silver-producing countries, Mexico second, | Australia third, Bolivia fourth and Chili fifth~ Silver-producing countries are gen- erally poor countries when they have no oth ports of greater value. “The silver currency of the worl 10 §3,968,000,000. The gold curren amounts 10 £3.632,000,000. Iy ¢ stands first among nations in respect of gold coin, the United States second, Germany thir Britain fourth. Per ¢ in gold coin and the United States $10, The wines of the United States in 4 year 1,500,000 ounces of gold 000,000 ounces of silver. Forty times much silver is produced as gold. ~ In 1550 the gold mined was 1.700,000: the silver mined was 30,000,000, he ratio of silver mined to gold hits been steadily increasig ; of silver has been steadily i bullion valuesof a silver doliar was 100 cents | in 1873, th ¢ of its demonetization. Now it is about 63 cents. According to Mulball, there were $250,000,- r coined than were wined du ing the between 1 and 1581, and wore than 5,000 tons of silver plate, fi tures and ornaments had to be melted dow to supply the deficiency. Atone time 25 p cent of the ocean commerce of civilized nutions consisted of gold and silyer coin interchanges. Now the commerce in vhese articles amounts to less than 5 per cent of ihe gross traae by sea. Colorado stunds first_among tho silver- producing states of the country. It is closely followed by Montana, and then at some distance by Utah, Idsho and Nevada, Texas is the only state which is returned by the figures of the mint with producing . but no gold, and Georgia is the only roturned as producing gold, but, sub- stantially, no silver. The gold mines of Georgia, North Carolina, Virginia and South Caroling were cansidered very valuable be- fore the discoveries made on_the Pacific coust. The wineral wealth of North Caro liua, one of the old gazetteers declared in as lately atiracted great attention.” wines are very active, and employ 20,000 men. They are not sunk very dee but ure wrought ~ extensively in a horizontal direction. d amounts produce e —— 5 OF THE TIMES. Philadelphia Ledger: There is much of encouragement in the present outlook, and every effort should be directed toa dis- couragement of the croakers and the in- spiration of hope and confidence. Minneapolis Journal: People who want to help the resumption of coufidence and busi- ness will redeposit in the banks the money they withdrew hastily and under apprehen- sion of u geueral collapse which didu't come. New York Sun: We do not expect o see the clouds 1ol by on the installation plan A bugely harmoniously and collectively Co-operative cffort appears Lo be necessury, Moanwhile corn, hay, cotton, wheat and Delaware peaches are gewing barvested without waiti for congress. Chicago Inter Ocean: T'wenty millions of gold have already reached our ports and twice twenty more will come. When tho ational banks are instructed 1 issue to the full amount of their bonds there will be no lack of money, for the millions now in strong boxes hidden away will come into circula- tion. Springfield (Mass) Republican: It can probubly be stated with safety that the p week has seen a permanent tirn for the be ter in the ude of financial affairs, * ¥ % But improvement has been based upon developments independent, n & large dogroe of congressional doings—upon heavy gold imports, upon » revival of small investment buying of stocks, upon some slight ev dences of YelUrning reason 4mMONE currenc hoarders. and upon the unmistakable fact that stocks of merchandise 1n retail hands ure lower thun usual, and that the wills and factories must soon bogin to foel the effects in ronewed demand. No less than $14,000 - 000 gold was imported last week-—over 000,000 coming from London, $4,500,000 from Germany, and the rest from Hayre, Havana and Canada, Large sums in addition aro still afloat America, and more was en gaged for shipment at Lovdon Saturday. Some $35,000,000¢ in this way, and through new bank circulation, has been added to the money volume within eighteon days. hiladelphia Record: When Europe sent back our securities she took our gold fn payment. ‘Then the American people began to economize in foreign luxuries; but our products were nono tho less required in Europe. So our gold is coming back; and it must continue to flow .hitherward until the full retura of public confidence shall release the hoarded stores of currency. No monoy famine in this favored land can be of long duration. Globo Democrat: The number of mills that are closing is much greater than tho number that are opening, but the latter are increasing so rapidly that they are likely 10 overtake the formor soon. Bank resump- tions have noarly overtaken bank suspen- sions also, and will undoubredly exceed them a few woeks hence. —_—— NEBRASKA AND NEBRASKAN Thayer county has promiso of an immense corn crop. Tho Beatrice Canning company has com. menced operations, Lightning rod swindlers are plying their nefarious profossion near Bloomield. There will bo employed in Grand Island schools this fall about forty teachers. This year's crop of beets, both in quality and quantity, promises to be the best ever known in the state. The Washington county fair will be held at Blair during tho last yeek in Septomber. It commences September 235, Rain enough fell yesterday to make the corn crop a sure thing. Dodge county is all right, says the Fremont Tribune. The Buckeye Roller mills at Blair are now running and mado tho first shipment of & carload of ground feed on Monday. Mr, R. M. Hamilton, living four miles out from Blair in the country, was thrown down by a vicious bull yestcrday wmorning and badly wjured. During the storm this week fifty English sparrows were killed in Walter Scott's vard, Beatrice. ~ They were literally beaten to death by the heavy rain. The clearness of the atmosphere tho past few evenings has given the people of Blair a fine view of tho aurora borealis or northern Lights from about 10 to 12 p. m. In round numbers the value of Nebraska's sugar crop lastyear was §200,000. 1f given proper encouragement tho industry would bo- worth many willions to the farme William Richardson went to Chaso gounty six years ago and ook a homoestead. The other day he was offered $2,000 for his farm, but considers it worth double that amount. Rev. Pinkham, Hon. George H. Thummel and Revy. Clark 'are the cxaminc ccted by the Board of Education to examine the of the Grand Island public schools. A. Callahan of Kearney, who has flering from nervous prostration f some time, has given way to the severo mental strain and has been pronounced insanc by the commissioners. The Odd Fellows of Nebraska are making a ngements for an excursion to the World's fair about September 25, the date on which the great demonstration to be made by their order in Chicago will be given. Miss 15 Holmes died at 12:30 Monday night at her home one mile east of Murray, Cass ccuuty, from catarth of the bowels. The deceased was born March 28, 1838, and wus an old resident of the county. A couplo of tramps picked up the grip and veterinary goods belonging to Dr. 1d Wild of Blair the other morning when that gentleman was still in bed, but he arose, disregarding appearances, made pursuit and captured them. ore of E. Mrs. 2 been suf W. Clancey, druggist at last week unde - ka National bank, for €5,900, and W. B. Clancey, administrator, $3, The total in- debtedness will aggregate $12,000. The Indians are learning to work. Up at Valentine last week a full blood Sioux ghost dancer bought a mower and has gone 1o putting up hay likea white man. la- cidentally it may be stated that he drives the team and his wife does the real work. Catherine Moove, azed 84 years, died at the residence of O.'S. Buscy, corner of Sum- mit and Scott stree trice, at 9 o'clock Tuesduy night, the cause of death being ap- poplexy and old age combined. She was a woman well and favorably known in Beat- rice and the news of her death will be a shock to all those who knew her, At the asylum at Hastings on Tuesday morning last John B. W. Vertz died of somo affection of the brain. Mr. Vertz wasa veteran of the late war and served first as a private of the Tenth Illinois_and afterward as a private of company I, Sixteenth Ilinois volunteers. He was taken to the asylum hopelessly insane about three years ago, where he remained in a harmless, but help- less condition. At his residence in Sheridan township last Sunday morning D. C. Beam died, aged 66 years.” The decea was one of the old pioveers of the west and his early history is much of it given inthe reminiscences wriiten by him and published in the fourth volume of the State IHistorical society. After he was discharged from the regufar no settled in Knox county, from_ whi moved to his late home in Washington county. His funcral occurred Monday after- noou aud his remains were interred’at the Presbyteriau covrch near Admah, | i 1 COMICAL REFRESHMENTS, Boston Globo: The sten bicycle will make the preumatic tired Cleveland Plain Dealor: The running mad A0g presents a case of rabid transit “Well," sald Mr. Rafforty At o banquot, “hechune thim oranges an' these olives, mo appetite Ianes till the oranges. But Ol shitick 4l me colors if {t kills me.” Somerville Journal: There's no excuse for the man who goes oft and gets tight just be- eause overybody siys that monoy 1s. Washington Star: Kate Flold's Washington Madam, would it loaf? Mrs. Dogood half a loafer. New York Weokly: Wito aro thioves in the liouse! Husband—Go down and show them your new bonnet and they won't waste any tino looking for money here Dusty Rhodes— 0o much t ask for halt & You striko mo as being over Wako up! There Buffalo Expross: Poot (who has boen read- ing his Iatest effusion to his flance)-And yet somotimes 1 canuot help thinking that my linos Inck fire, Hor Prosalc Brother—IHero's & match, old chap. Pittshurg Bulletin: The Clty Fditor-What havo you writton about the death of the bright young Jenkins? The Trish Reportor—Son pindin up with theso wo brilliant futuro behind him Boston ‘Transcript: Butchor—Didn't 11k that ham? Why it was somo of that [ cured myself. Customer—Call that ham cured? Why man, it wasn't oven convalescent. othing nate, sir, da: "M leaves & 1T COMES TO T, Boston Courder. “Tnover quit the farm at all Onless 1t's Just 1o mike a call Down 10 tho villago store; An' yit Tgit my ehange an’ rest, That folks now-diys aro so possossed To g a-tourin’ for. “How do 1 manago 1t? Wall, now, 1 rather sorter guess as how That nin't 8o hiard to learn. 1 git my change an’ rost all hunk When Ann Mary pucks her trunk And gouvs awuy for her'n — - WHEN THE BANKS ALL BUST. New York Advertiser. Say, pards! wa'n't it jes bully to hoar them fellers shout, *At McKinley were a robberan’ to turn tho rascals ou How them spoutin’ chaps orated an’ talked about cheap clothes, How they mopped tl tricklod down their nos But they was only foolln’ the the dust Ana wo uns do the sweatin® When persplration s it 1—jos’ talkin' for ho Banks Al Bust! Hello, Jim Smith! st tin plat Couldn’t never | United Statos? Ye do? then let ne ax ye what ails that crowd of 1 Goln' yonder? Eh! gone il Wworks start up again? How'd they vote? for Grover, did they? ool the democrats on trust Wal, I wonder how they Iiko ' When The Banks All Rust? you mind ye how they told made, nohow, in theso ‘ero trampin’ the Thar's Sandy Scott! yer look so glum? Enain’t got no bread an’ butter fer the lttlo ones to hum? Why, 1 reckoned you was savin'—had money in the bank! Can’t git 117 Shet up? " goin’ to thank? You voted for a chi you was the fust! An'now ye got it, ain’t ys When The Banks An Bust? Say, Sandy! what makes Busted? Wal, who yo pze—why, durn yer eyes, e A HINT FROM PARILS. European Edition New York IHerald. AT FOX MORNING WEAR, This simple but prettv hat is made of rough brown straw, with a huge bow of bright red velvet, from which riso tall iris leaves. Tho crown is entirely covered with roses. BROWNING, KING Lurgost Manutcturers an 1 [totallors o1 Olothing n the World It makes me tired To think that [ can’t get a new suit of clothes at Dark and |Iéh when they are selling them about half price. I looked in at the Douglas st. window at B. K. & Co. today and | saw some of the beau- tifullest 2-piece suits you ever saw—I know they used to get $2.50 for some, and $6 for some others-—but they sell them $3.60—0h they are dandies— now for $2 and nicely made and the best of cloth—The sizes are for boys 4 to 14 years. It makes me tired when | think of it, and every suitin that window is a bargain, too, 'BROWNING, KING & CO., tore open every evening till 6.5). PO aturday till 10, |$. W, Cor. 18th and Donglas Sts,