Omaha Daily Bee Newspaper, January 26, 1894, Page 4

T OMAHA DAILY BEE. E. ROSEWATER, Editor PURLISHED EVERY MORNING [R——— TEIRMS OF SUBSCRIPTIC 15 B nday) One Ye Dty and Sunday, Ono Year £ix Months Thiree Months Bunday Lew, On Saturday Dee Weekly Beo, One Year, OFFICRS. £.900 10 00 O Theo 11 nth omnha. eorn ancil W11 M, 1 b e Chieago OfMen. 817 Chamber of Commerae New York, rooms 13, 14 and 15. Tribune building Washington, 613 Fourteenth stroet CORRESPONDENCE, A munfeations relating (o nows and edi 1 wddressed: To the Bditor ERS wnittanens whould he 30 pany, Omal be ma ?v‘uul‘l‘\ il Bt root nty-fonrth atreeta. matter showid be BUSINFSS LF Buisineas lettor | 0 The Tise Publishing ' ors 0 fla, eheekes an able to the THE 1} SWORN STATEMENT OF CIRCULATION. Btate of Nelranka, | Connty of Douglas. { George 1, Trac Hnhing company Actual efreul Sunday, Janua M ary of Tar Bre Pub- W solomnly swear that the ik DALY DEE for the week 1804, was as follows FECIUCK ~i—, Sworn to bofore me ad subseribed in J50An bmy prescnce this 20th day of January =<0 N. P. FEiL, Nowry Pub'le. srage Cire ems to Nerraer of the Mitchells s have been in it. I 18 safe to 1 take the ways and means committee longer to got its income tax bill out®f the house than it did to get it in it. A BIMETALLIST of Boston sends us “A Solution of the Currency Question.” He is too late. Allen Root solved this problem twenty years ago. TiE income tax bill has finally pasied out of the committee stage. DBut the remainder of its travels aro likely to be over & rough and rocky road. NEws from the seat of war in Florida may now be dispensed with. But Brazil, Hawaii anda congress remain to furnish material for which the telegraphwi may be constantly employed THE Ohio mine operators are prepar- ing to join the revival of industry by asking the miners to accept 50 cents per ton for getting out the coal. This peeuliar charactoristic of the business revival is not likely to inspire the coun- try with much confidence, THE fact that an impostor may possi- ply creep in with other and worthy ap- plicants for assistance affords no excuso for refusing to contribute to the char- itable movements that are attempting to relieve the prevailing distress among the poor. CHAIRMAN WILSON is thinking seri- ously of prolonging the debate upon the tariff Dbill a few days. Pray, do. We are becoming so accustomed to tariff talk that it would be inflicting an un- justifiable hardship to cut it off too suddenly. LEr it be McShane, or Gallagher, or Tjams—anything to allay this distract- g suspense, - Here 16 18, 1MOSt & year since Mr. Clevoland ro-established him- olf on the governmental pay roll, with only two demoerats in the Omaha fed- eral building! We submit, is this faiv? THE rumor is gaining credence that there will be no further fighting in Bra- zil unless the efforts making to adjust the existing difficultie miscarry Peoplo are usually anxious to believe what they prefer to be true. We trust that these latest rumors may be founded on fact. THE greater the amount paid for a market house site the smaller the sum that can be expended for work and ma- terials in the construction of the build- ing. Sinking a large part of the $200,- 000 voted for the market house project in real estate will loave little to be ap- plied toward the employment of local artisans. ANOTHER new cabinet in Servia marksanother revolution of the political kaleidoscope in a country which changes cabinets with the facility with which ordinary mortals change their clothes. A ligtle longer and people will be d appointed if each morning’s paper fails to announce the construction of a new Servian ministr, I 18 argued that the removal of the duty on bituminous coal will benofit the peoplo of Nebraska to no appreciable extent. Perhaps not. The transporta- tion companies still control the price of fuel in the west. If the Wilson bill oould remove the duty on coal imposed by the railread companies the price of the commodity could be cut in two and no one would be injured. CONGRESSMAN BRYAN goes out dY his way to be interviewed in order to an- nounce that the proposed income tax bill contemplates the taxation of all incomes in excoss of $4,000 without dis- imination, whether dorived from con- gressional salaries or not, Mr. Beyan will have little fear of encountering a federal income tax collector after he has completed his term in eongross. county commissioners ave now glving wopk to unemployed men, Up to date all applicants have beon given a place on tho geading force. The ex- periment will be watehed with interest. Just what proportion of the number of men employed prove themsolves worthy of such assistanco will soon be known. The laggards, .if any, can be cun in as vagrants and introduced to a bread and wator diot. THE COLORADO hus now had soveral weeks exporience with Govornor Waite's spe- cial session of the state legislature, but finds itself no further advanced toward a complote restoration industrial prospority than it would have been had no legislature been eonvenec The governor finds himself as far from the realization of his wild hopes of fiat currgney as The chief result thus far seems to have been the piling up of the daily legislative expences, with seyeral more days in sight. 50 over, WHY REQUIRE GOLD PAYMENTSY The circular issued by Secrotary Car- lisle calling for proposals for 5 per cent bonds payable after ten years requires the bids to be made with the distinct stipulution that payment is to be made in gold coin of the United States. It is this apparent diserimination in favor of gold as against all other kinds of authorized currency which as much as anything else has aroused the indigna- nation of the opponents of a bond issue, particularly the extreme advocates of free silver coinage. Theissue of bonds in exchange for gold, it is claimed, will ereate an artificial demand for gold and must in a corresponding degree tend to depress the commercial status of silver. Confining the call for bond proposals to offers of gold only is due, however, to the fact that the authority is to be exorcised undor alaw which was enacted to meet an altogether different problem than that which now confronts the treasury. The law of 1 was part and parcel with the resumption policy and was designed to bring the ontstand- ing greenbacks up to par. To accom- plish this object the law provided for the accumulation of a gold reserve of $100,000,000 by means of the sale of bonds in the disereiion of the secrotar, National bank notes and greenbacks being equally depreciated at that time, it was manifest that gold bond pur- ases alone would meet the require- ments of the emergency. But at the present day, when every dollar issued by the United States gov- ernment is equal in value to every other dollar, it would be diflicult to see the nec ¢ for exacting gold payments were the operation to be conducted under a specially enacted law. We have seen how easy it is for parties wishing to export gold tosecure that gold trom the United States treasury, which dare not refuse to pay out gold in ex- change for greenbacks for fear the latter might be thereby discredited, It will be equally easy for parties wishing to pur- chase the new bonds to secure gold coin by the same method, so that to the extent that the gold might bo drawn from the treasury to be returned to it in payment for bonds the gold reserve would be in no way increased. Whileall this is pos- sible 4it is not at all necessary, nor even probable, because the oastern banks have sufficient gold in their vaults to ddvance all that may be required to take the proposed $50,000,000 bord issue off the socretary’s hands. If, moreover, tho secretary intends to usoe the pro- ceeds to defray the current expenditures of the government it becomes quite im- material whether the bonds are sold for gold or for other currency, so long as all the component parts of our currency are of equal value. To the ordinary govern- ment employe or contractor it makes absolutely no difforence whether his warrant is cashed with gold, silver or paper. It is then only the peculiavity of tho law to which the secretary of the treas- ury has been compelled to resort that requires him to confine the proposals for bonds to those who have gold to offer for them. After the gold has been secured by the government there will be no assurance that it will remain in the troasury for any considerablo length of time. Should further bond issues be authorized by a new law this point will deserve the careful consideration of con- gress. ssi AITACKING THE CIVIL SERVICE LAW. A resolution offered by a democratic senator from Florida was adopted by the senate a fow days ago instructing the committee on civil service to examine into the condition of the civil service law and the expediency of its retrench- ment or increase; also tho number of persons employed in the classified sorvice from each state and territory and the dates of appointment. In dis- cussing the resolution Senator Berry of Arkansas characterized the law as a regular party machine which was used to keop republicans in ofli Mo said it was alleged that five out of every six persons employed in the classified service belong to the vepublican pavty and that, he declared, is unfair and unjust. He did not know whether the law could be repealed or not, but he belioved that it should bo modified and its operation vestricted, He said he knew that the civil service law and rules were not carried out in a nonpartisan way, and that some of the most extreme repub- licans weve holding office under a demo- eratic administration. Ho believed that a democratie president ought to be sur- rounded by political friends and not by those who wore continnally doing what, they could to make his administration a failure. The eivil service law takes no account of the politics or'the religion of the per- sons who seek empleyment in the gov- ornment sorvico under it. The only qualification required is the knowledge necessary to pass the preseribed exam- ination, and if more rvepublicans than democrats have found employment in the classified service the explanation is obvious, The statoment of the Arkan- sas senator that such is the case is un- doubtediy well founded, but his assump- tion that the republicans in the service ave doing what they can to make the ad- ministeation a failure is manifestly absurd, The people who got po- sitions through the civil service law are powerless to do any- thing against the administration. They hold subordinate places under the con- trol of offieials appointed without refer- ence to the civil service law and sub- jeot to it only so far as thoy are compelled to fill a specific class of vacaucies from the eligible list of those who have passed a civil service exami- nation. Theve isnot a republican clerk in the departments at Washingtonor in the public service anywhere who could do anything to make the administration a failure if he had a disposition to. only who are in a position to do this are the democrats who avo at the hoads of dopartments and bureaus, oxercising executive funetions, and it is doubtless a fact us to some of those that they are not doing anything to make the admin- isteation a succoss, “It is ereditable to the administration that it has incurred the displeasure of the extreme spoilsmen of its party, and yot if it were possiblo for these people to be reasonable and fair they would admit that it has done very well in replacing Those OMAHA THE republicans with democrats. Tt is mem- orable with what extraordinary zeal Mr. Maxwell, fourth assistant postmas- ter general, performed the work of be- heading fourth class republican postmastars, while the remarkable vigor with which Mr. Quincy made democratio consuls must long remain & notable example of activity in-dealing out the rewards of partisan service. Porhaps the spoils scekers would have loss cause of complaint now if they had not been 8o exasperatingly urgent at the outset as to compel Mr. Cleveland in sheer self-defense to summarily shut them off, That there isa very large element in the democratic party that would like to repeal the civil service law and restore the old spoils system will not be questioned, but this the party will not be able to do, though it is quite possible it may make the attempt. HOW 10 DISPENSE CHARITY, 0 community in America is more generous and whole-souled in the dis- pensation of charity than Omaha. All that is needed to raise the necessary means is a systematic effort by parties that enjoy the confidence of the business community. The business of relieving distress and providing employment for men and womenwho are disposed to pay their way by work requires concert of action and methodical collection and distribu- tiodf. The first stop that we must take is an enrollment of all who are in want of fuel and subsistence. The next stop is their classification into groups comprising those who have shelter, but want sub- sistence; those who have shelter and need provisions and clothing, and lastly the nomadic poor, otherwise known as vagrants, who require shelter, food and clothing. When the enrollment has been com- pleted the names of all who are being cared for by the county should be struck off. When we know just exactly how many people in Omaha are dependent upon public charity we shall know how much money it will take to shelter, feed and clothe them from now until the 1st of April. And when we know exactly how much must be raised to afford this relief the men and women who have as- sumed tho task of raising the relief funds can go @bout their work intelli- gently. For our part we have confidence in the capacity of the managers of the Asso- ciated Charities to do this work, and we have unbounded faith in theiv integrity. But since it has been deemed proper to enlist in this service a committes com- posed of fifteen of our wealthiest busi ness men we hopo tnat they will expedito the work on hand and co-operate with the Associated Charities. 1t is said that councils of war never it. The dan ger now is that precious time will be wasted and contention will be promoted by vival managers of charity dispensa- tion. This is to be deprecated, and if possible avoided. 1f the condition of our poor is as des- perate as has been reprosented by Dr. Duryea and others associated with him, it is imperative that several hundred tons of coal and a quantity of provisions shall at once be distributed to families that are exposed to freezing and stacva- tion. Thore is every possibility that a three-day blizzard may out off hun- dreds of homes from the coal yard and the bakery. Such a condition calls for immediate action, and the proper parties to act are the county and city authorities. To quibble about law in such an emevgency is criminal. When the state was devastated by grasshop- pers in 1875, and thousands were ex- posed to famine, forty or fifty of our business men joined together and raised over #50,000 by signing notes with the governor on which money was advanced by the banks. Thero was no law for this, but the governor and business men took their chances of their act being legal- ized and being veimbursed by the next legislature. The outcome was that im- meodiate relief was afforded, and the legislature voted $100,000 of grasshopper relief bonds, from the procceds of which the notes were paid. The local emergency may requiro heroic action, and law or no law we must act promptly to save the lives of people who are shelterless or without means to buy food and fuel. THE Corbett-Mitchell fight at Jack- sonville was a distinet triumph of bru- tality and every right-thinking man will rogret that the governor of I'lorida was unable to prevent it. That he did all in his power to carry out the wishes of tho decent and orderly people of the state will stand to his credit, but, unfor- tunately, Florida, as it appeavs, has no law against prize fighting, and so the governor was helpless. Undoubtedly the better element of the people will in- sist upon the enactment of a law to meot a case of this kind ac’ the next session of the legislature, but meanwhile it is proba- ble that Jacksonville will bo the scene of other pugilistic contests in which the olement of brutality may bo even more mavked than in the quickly-ended one of yesterday. The arvest of the prinei- pals in this fight begets the hope that a way will bo found to punish them so se- verely that others may be deterred from sooking this free ground for such con- tests, and it will bo fortunate if others than the fighters can be punished. Otherwise the club under whose auspices this battle took place, doubtloss with large gains to its treasury, may be expected to continue the “‘sport” for which it was organized until there is law to stop it. The de- moralizing effect of these pugilistic en- counters is admitted by everybody whose instinets arve not brutalized and there should be everywhere a strong and earnest arousal of public opinion for their suppression. Florida has had its first experience in this sort of brutality and it is to be hoped the respectable citizens of that state will demand legis- lation as soon as it can be enacted that will vigidly prohibit prize fighting. UPp 10 this time the work of ireigation in Nebraska has been confined largely to the arid region on our western border. T'his is due to the fact that no other por- tion of the state has stood in great need of irrvigating ditches more than ono year in fGve. Up along the DAILY BEE: northern border, however, citizens are moving fof ‘dn extensive sys- tem of irrigation, o provide against the dry season of July and August. In that part of the state ‘there has rarely been a total failure of crops. The idea seems to be that with irrigation in the northwest counties: more diversified and bountiful crops oaw 'be made cortain every year. The convention at O'Neill on the 30th inst. will attract widespread attention, marking, ad it does, the initial step in that portion of the state looking to the reclamation or the improvement of a vast area of land. A CORRESPONDENT of THE BEE asks: “If & youth aged 17 or over leaves Ger- many and resides long enough in this country to take out flrst and second papers, then returng to Germany, forti- fied by passports to prove identity, can German authorities hold him for ser- viceinthearmy?" Aswe understand it, final naturalization papers are requisite to a passport, the possession of which ought to protect any eitizen of the United States in any European country. If the lad, being a minor, cannot secure naturalization papers, his father must have naturalized in legal form to enable the son to securo a pussport. If the father was never a full-fledged citizen of the United States we would adv the boy to defer his visit to the fathe land if he desires to avoid service in the imperial army It1s impossible without definite in- formation to make a reliablo estimate of the number of people in actual need of relief who are not already receiving ald from the county poor fund. At the wildest guess the number does not ex- ceed 3,000 men, women and children, At 3 per weelk por capita, which should be ample, it would take about $70,000 to keep these people from now until the Ist of April. That amount can be raised by voluntary contributions either in money or its equivalent in fuel and pro- visions, providing that the men of large means make a generous start, IT1s to be hoped that the widow of tho late Senator Stanford will manage to exist on the trifling aliowance of $10,- 000 a month granted her by the court vending the settlement of the estate, If she finds it difficult tolive within her income there are plenty of individuals waiting for an opportunity to demon- strate by experiment the fact that it is possible under a strict regime of econ- omy. After the estate shall have been settled sho may be enabled to indulge in a few trilling luxuries, but until then she will have to live within the limits of her allowance. ¥ WHEN Nebraska was found to be suf- foring from a disordered prohibition liver our people set to work and purged tho body politic ¢f. the dread discase. Then followed peace: and contentment. Lowa, a much older state, could not shake it off and has been'in charge of the ans for twelve years. at Des Moines is now making an heroic. effort to consign the hated dogma to the oblivion it so richly merits. The people of that state are learning the differgnce between temper- ance and statutory probibition (alieged). ALTHOUGH the mercury was getting down pretty close to the bulb, the en- thusiasm of locul sports over the socond triumph of James John Corbett was not cooled. To them it was a bigger event than a presidential election. They will discuss it in all'its bearings as glibly as the trained politician discusses the issues of a great campaign. Prl fighting may be brutal, tending to de- moralize and corrupt the minds of American youth, but it cortainly draws tho crowd and creates an extraordinary demand for newspapers. Makes Thom Squirm, inter Ocean. An old, out-ot-date republican law, in the yes of Secretury Carlisle, will do moro to ave the nation from disgrace and bank- ruptey than all the ninety democratic n jority in congress. It is the biggest object lesson in sightof the American people today. No der it makos democratic statesmen squirm. ————— A Signitiemt Sign. New York Times. A decided improvement in railw: is inaicated trafic by the reports ot earnings for the second week of this month. With searcely an exception, the roads malke a bet- ter showing than they did in the previous and both gross and net earnings for the first weok in Junuary were in o of the earnings reported for the last week in Decenber R e Business on the Mend. New York Advertiser. No person with eyes in his hoad can fal to notice that there is a revival in our national industries. It is faint, and in some local- ities scarcely developed yot, but the ten- dency is there and only slight encourage ment is needed to develop it into a ful flodgod return of prospority. ‘he fact is that manufacturers who at one time were alarmed now seo that thero is roally no danger ahead A The ¢ ketorm New Yor: Sun. Positively the last few days of Amer| Superb and Unparalleled Mathematieal Mar vel, the Wilson Subtracting My Malkes u Deficiency While You Wait Visitors are invited to inspect Prot. Wil- son’s rich collection'ot unredeomable der cratic bonds of the issue of 1802 without extra charge. A beuutiful souvenir in tho form of a Wooden Cuckoo given to each visitor, matinees and ovenings. il |08 e Getthng Back at ML, Denver Republican. President Cleveland xetoed the bill for a bridge across the jdudson river, between Now York and the Jersey shore, on Satur- day, presumably to get oven with Senators i1l and Murphy for defeuating the appoint- ment of Mr, Hornblowdr to a place on the supreme boneh., Now if Hill and Murphy will retaliate by defeating the infuwous Wil son bill the country: will bo a great gainer by this nasty little democratic quurrel over patronage and powoe. e Industeint Revival, Philadelphip Ledger, The industrial history of the country since tho first of the year showsa general im- provement. It is true that wages have been voduced us compared with the wages paid before the stoppage two, three or four months ago, but mills, factories and work- shops that were altogether idle on the first of the year, paying no wages, have since resumed, aud even at tne roduction are doing something to reliove the distress that existed at the close of 1893, Auother and most favorable sign is that there have beon fow stoppages since January 1st of mills then in operation. Our teélegraphic dis patches, dealing only with business estab. lishments outside of the city, tell of tho re sumption of work In fifty geeat mills and factories since the 1st of January, and of the closingonly of seven. The fifty that have re sumea employed about 00 hands; the seven that suspended employed about 7,200 Show, FRIDAY, JANUARY 26, 1891 - PEOPLE AND THINGS. The wonder Is Corbett didn't eat kim. Mitchell fought for cash and got & check. Will Hill prove himself the Corbott of this English administration? The tariff debate s lauded by admirers as oxtraordinary, [t is—extra ordinary. Unless Mrs. Loslio bestirs hersolf, Lillian Russell will walk off with the matrimonial record, Thero s no (mmediate danger of Clove- land sonding a bottle of raroold wine to Dave Hill, he revolution fn Jacksonville supplies an assortment of points that Peixoto and Mello might profit by Moxico's system of killing off bandits in bands of twenty is to bo commended on the score of expedition, A crusade against cigarettes is raging in an Francisco. Like other movements of the kind, it will end in smoke, Oyer £100,000,000 languish in Now York banks, That is about the only section that voted for and got some change. ‘he masticated pug from over the pond realizes by this time the folly of monkeying with an Amgrican thrashing machine. According to the Chicago Herald, William Peckham's chief characteristic {s “‘montal eccentricity.” Why then arraign his dem- ocracy? The tallest soldier 1 tho Belgian army 1s Charles Louis Becaus, who stands six feet six and one-half inches in his stocking feet. He is allowed double rations. The Sugar trust pocketed 22 per cent on £37,000,000 common stock and water last year. A sufiicient surplus remained to sweeten a few more tanks of fluid. Wewus, an Alaskan Indian, has asked permission of the authorities at Washington to_burn at the stake an Indian doctor who failed to cure the son of tho tribe's chief Senator Hill is getting quite gay. Ho has attended several social functions of late, and unly a fow evenings ago he appeared at theater in the company of laies. Heis a moving factor in white house circles. too. Should Peckham go tho way of Hor blower, the name of Judgo Simon B. Bald- win of Connecticut, u distinguished mug- wump, will probably be sent to the senate. The administration’s democracy is painfully wanting in Jacksonian sympioms Wheeler H. Peckham, just nominated to be an associute justice of the supreme court, is almost as devoted to sesquipedalian verbi- age iis ever Mr. Evarts was. The other da, speaking of sheaving lumbs in Wall street, he said it was dono *‘without severing the continuity of their epidermis.” * Dr. Everett, the new Massachusetts con- gressman, was asked how he liked congress. ©O!" said the congressman, “it's the funniest place Tever saw. In the hous ot the rules so fixed that you can't get any business in, and in the senate thoy have them so arranged that you cau't go! business out." R iy THE INCOME TA The incomo taxers tell us that the refusal by the house to put a duty on raw sugar will forco their pot scheme to the front. But what of it? The income tax has no chance of cnactment. 1t is dostined to die young. New York Sun: The income tax bill is a shameful consequenco of the treachery of Prof. Wilson's tariff bill for a deficiency. 1t is o war tax, which, in the opmion of the best constitutional lawyers, s unconstitu- tional. Eor that reason. however, it is a suitable appentix to Prof. Wilson's uncon- stitutional tariff. The tarift, too, makes war ou democratic principles, and the tax is only an incident of that pertidious assault. Now York Herald: A tax more obnoxious to Ancrieans than this inquisitorial mon- archial imposition could not bo devised “I'nat the people of this country would never ubmit to it is seif-evident, and it is equally clear that they would visit with sweeping condemnation any party that should force it upon them. That the tax would bo as u Icss for needed rovenue as it is odious is shown by the fact that under the proposed biil the first attempt at_collection wouid not bo made until July, 1895, By that timo it is expectod that ample revenuo will bo flowing into the national treasury from other sourees. Chicago Herald: True, certam penalties are preseribed for neglecting to make re- turns and for making false returng, but unloss ofticials are disagrecubly inquisitive there will be a good sized army of people with incomes in excess of £4,000 who witl not be touched at all. The income tax for which the bill provides will be largely a tax on honesty, and that sveh is the case will soon become notorious. The only way to muke this kind of tax successful is to make tho exemption small and provide for thorough assessment and collection. And thiat should not be done so long as thoe protective sys- tem, with its double burden of taxation and tribute, is continued. Globe-Democrat: e B NEBRASK A AND NEBEKASK NS, Battle Croek will soon tory. “There are $20 boxes in the Columbus post- office. “The Seward county fair will be held Sep- tember 4 to 7. Fire fn the Alexandria hotel caused a loss to the building and contents of about §300. The Fatls City High school intends to send representatives to Lincoln to attend the silver anniversary of the State university. Oscar Bryant, a Dakota county farmer, was thrown thirty feet from a load of hay by the wagon “slowing™ and_was so badly wjured that he will be laid up for many weeks., corge Brown of have a broom fact- Arcadia has been ar- restod on the charge of assaulting 13-yonr- old girl who worked for him and bas been heid for hearing February 1. The girl is in a eritical condition from fright and,she may never recove General Joe Hollman of Emerson has beon visiting in Washington and has evidently combined business with pleasure, Charles S. Hollman has received notice of his ap- pointment as post trader av the Rosebud Indian ageney in South Dakota. - COMIC CHO. 3 Chicago Record: “How s0 many peoble int TIL do you manage to ested In your wol- sy enoughi. 1 borrow money of them.™ Indlanapolis Journal: Workhouso Superin- tondent—1Is there anything you would prefer in tho line of work? Dismal Dawson—If {t's all the samo to you I think I would like to slt futhe parlor and Kkuit tidies. | fo: Littlo Seltmnde. Mr Selfmade (who has come to dinnor)— And why, Willie, | Willle Luse you don't get your ears pulled for cating with your knifo Willie—L wish I was you Mr. Philadelphia Record: Two ladio o discussing i you 5 o any talent for d f SOf course,” xald_tho other spir told mo he ofico drow & benutiful turk raflo in a trolle: i triond, 1y, “ho Y ata Ohicago Tribune: Young Prottyman—T had hoped, Miss Gwendolen, that the tine w nearly at hand when 1 could honorably nsk > 10 be my wife, but I four ny bright dreat s over. Itocent rovorses in business have u 1e me absolutely ponniless. Miss Gwendolen=That neodn't hinder us from—from belng engagod, you knew. They vowed oternal constancy— o youth and niiden shy-—~ Through tme and throuzh stornity Their Tove should novor die. But Tate 10 11fe's uneertain wiirl Played huvoe with thoir ph Ho's wnrrled Lo wnot Sho to anothe L NOW AND TUE jomerville Journal, zod fn th cutter's narrow soat, DO UD {1 £UF FODES: shug ANY War With laatod soapstones ot their fo h tils srm around hor slonder form, The lovers ride noonlight silvers hill and field, On'both sldes strotch Wide wastos of snow, HoW cun tho maldon help but yloid, And Nty that i s1x months Or so, Bue'li be his bridor 1 Lito Is ail rapture to thom both! Thelr heurts are wirm, though cold tho night. Hix 11ps pross hors, and, nothing loth, Her Lips pross his—for out of Sight AFO thiy, they Know But walt n yoart ‘They will not ride On moonlight nights in Hvery teams, Ho'Tl Walk the tloor, himust besido Hlnsolt, 10 8top the Daby's Scrontwa= Chock fall of wos WORK OF NATIONAL BANKERS Secrot of the Deoroase of National Bank Ciroulation, IN LITTLE PROFIT THE BUSINESS General Money Supply Not Likely to Ie Eftected—Reports of Ignorant States= men Denled by a Tronsury Ofielal. Was 613 FOURTRENTI STR Wasimixaros, Jan, 25, The steady decreaso of national bank eir- culation during the past six wecks, and the growing decreaso during tho past two weoks, has attracted attention at tho Treasury de- partment. Bankors from the west are writing to the comptroller of the currency to know what it means, and to learn if possible whether it will affect the gencral money supply. An officer under the comptroller of the currency, who is frequently called uvon to explain the enigmas of the riso and fall of national bank circulation, after pondering for some time over the question, said to Tur Beg correspondent today The action of national bankers during the financial stringency last summer and fall in largely increasing their circulation, and their action during the past few we when money has been plentiful and interest low, in reducing their circulation, is the best possible answer to the ignorant statements of men in congress that there is an cnormous profit in national bank circulation, and that men accept the terms of the federal bank- ing laws in preference to those of the states, not because they are bettor for the coms munity in which ‘the bank is located, but because thero is greater profit in national thau in state banking. As to the Profit, “The circulation of national panks is de- creasing because the price of bonds has ad- varfeed " to a point where, considerivg tho premium upon the security, profits 1 cireun lation arc not sufficient. ' Exclusivo of th tax and resory is toduy about 160 profit in nationul bank circulation seeured by 4 per cents, Any one can figure the profit on circulation ‘secured by the extended fours, which p Ut interest. You can buy these 2 p bonds at par. Wo ordinarily give % per cent circulution upon bonds deposited; but the market quotes the 2 per cents-“these extended fours—at 95, and of course we deduct that b per cent from face value in giving circulation, so that you can't get more than circulation on a 2 per cent bond. any populist or anti-national bank man in ss whois so stupid that he cannot ire this profit he can very easily find a 'y g00ds clerk who can do it. “When money is scarce and intevest is high the price of bonds upon which civeula- tion is based is invariably low,” continued the treasury ofticial. It 1s then that thero is profit to the banker in enlar his circu- Jation. When money is plontiful and chieap the price of bonds i and not onty 1s there the one inducement to the owner of the bonds to withdraw them from deposit with the treasurer, but there is an extra in- ducement for withdrawing or dimimshing tho circulation. ‘T'he ins from the national banks of the country, showing their condition on the 19th of last month, mdicato that there is now idle in the vaults of the national banks of the country nearly orquito 40 per cent of all thew cash recourcos, Baukers Unable to I'ut Out Money. ““Thero has bedn a natural diminution of interest throughout the country of 115 or 3 percent trom the rate which prevailed dur- ing the recent hard times, not during the six or eight weeks when there was a cur- rency famine. You wi that, even under the “provailing low rates of inttrest, the bankers are unable to put out their mouey. There isabsolutely a profit to bankors in some localities wow in withdrawing circula- tion, and I was about to say that 1 knew of a number of banks thut would absclutely make money by the withdrawal of a part of their circulution, even though it camo to them without the deposit of bonds. Thoy would escapo the natural responsibility and the taxes; besidos, they would have the ad- vantage of the bond market.” Roferring to the proposition of Represen- tative Bryan of Nebraska to levy a speciai tax upon national bank circulation for the purpose of raising a fund out of which the depositors in the insolvent banks should be paid promptly and in full,which would amount to a airect insurance by the federal govern- ment for the full payment of all deposits in national banks, the official said: Does Not Like the Specinl Bank Tax. “I have never hicard che direct expression of opinion given by Secretary Carlisle and the president upon this proposition, but L belicve that sucha proposition, standing lone and upon its own merits, would bs vetoed by the president. Itisnot only a wido departure from the principles surrounding the national banking laws, but it is the entering wedge of a nolic which will finally overthrow the sccurity principle centered in all offices under the government where pubhic funds are handied. Itisa proposition, first, to reliove bankers from all moral responsibilities and ma banking a simple cold-blooded business, without character. Sccondly, it proposes that the parent government, which is sus HINGTON BUReAU oF Tie Beg, } dr tainod by the people, shall insure the trans- acilons of private parties. It would be in offect oxactly the same thing s a proposi- tion to abolish the bond which a disbursing officer is required to give for the faithful dis- charge of his official duties and load the burden of responsibility upon the governs ment. 1t would encourage fn bankers s spirit of venture and would deprive them of all moasures of caution and cone orvativencss which not only tho finan- cial but the moral responsibilities At presont carry. It has often been pro- posed that the governmont should unders take to handle a fund raised by the salaries of certaln employes, out of which insurance policies and gratuitios should bo pad in caso of death or disability, It has fre. quently been proposed that the government should retaln from tho salaries of certain disbursing and financial officers percentagos for the purposo of making good defaications and meeting other losses. I canuot for the life of mo s0e why the proposition to create a fund by taxation from which the de- positors in insolvent banks are to receive full payment for thelr crodits is not as ab. surd and unreasonable as the othor schemes L have mentioned Wil Reject Peckbam, An agreement has been entered into be- tween the opponents and advocates of the confirmation of the Peckha mination which promises to insure rejection by prace lly o unanimous vote. It has been d that when the case comes up in executive session the vote npon contirmation will be viva voce, which will escay the record. A num of democrats who voted for the contirmation of Hornblower have oxpressed a desire to vote agairst Peckham, #but have asked that a yoa and nay voto bo not called, as they do tot desive to go upon record as antagonizing the president 1t was stated on the floor of the sonate today that the opposition to Peckhan and the president’s refusal to consult democratio senators fu makingappointments had greatly increasced during the past fow days, Foputisis Oppose the Wiison BitL, All of the populist senators have an- nounced their intention to vote against the Wilson taviff bill. Their purpose in doing this is twofold. 'I'hoy say the bili strik the farmer's intercsts harder than any other and gives him less than is given any other person. Secondly, tho populists b lievo that hard times are oing to continue whether or not the Wilson bill becomes & Inw, and they feel that if the taritt law 18 changed tho country will blame it for the commercial d but if the present law remains ur od the vs of the couatry will believe that the principles ot the populist party would make conditions botter and thoy will therefore vote with them next N The bel ntinues house makes the income tax scheme a part of the Wilson tariff bill the latter will be de- foated in the sonate, although there may be many voies cast by democrats against join- ing the two measures. Itseemscertain that it will pasa the house. ‘Phere is a majority in the senate in favor of income taxes, but the two propositions togethor are weaker than they would bo each upon 1ts own merits. of Menry ¢ Henry George, the well known freo trader and single tax_advocate, has been admitted to the tloor of the house, and has occupied ts among the democratic speakers on the T duriag the past few days. ‘This sounts in a measure for the freo trade v tories which the two Johnscns have been winnin Henry George has_coached thom, and has divected the forces when it came o voting. Henry George has no more right on the floor of either liouse of congress than any other private citizen. He hu occupied any position_ entitling him to such 4 courtesy, and his admission to the floor of the house, as well as_that of ex-Postmaster General Don Dickinson and other free traders, is a violation of the rules. Wil Not Chairman Morgan of the senate committeo on foreign relations this weok adaressed a lotter to Secret: Gresham requesting him to invite Minister Thurston to appear cfore the committeo and give testimony in &n Hawailan investigation. Secretary Gresham did not auswer the letter, but went to Chairman Morgan and persuaded him not to invite the minister to give te mony and the chairman finaily yielded. It is supposed that the administration is afraid of Thurston's facts, Chaivman Morgan woula have asked Mimister Thurston to testafy directly, but he has no authority to communicate with any diplomatic oficer: Briefly Mentioned. Fourth class postmasters were today ap- pointed for fowa as follows: Butler, Keokuk county, Melissa Watts, vice David Abel, re- signed} Clayford, Jones county, Robert Suy- dor, vice Hinnah' Jenkins, rémoved: Dah- lonega, Wapello county, William Denny, vice W. A. Anderson, vesigned ; Fenton, Kowsuth pank Bailey, vice J. L. Reid, re- rway, Winneshiek county, W, v, vic Galbis, resigned; Steen, Winnebago county, O. L. Mossman, vice J. J. Steen, resigned, Samuel Cotner of Omaha has placed his application papers on filo at the Treasury de- partment for tho position of surveyor of stoms at that city M. Stalker of Des Moine: Howard, Per —————— An Anu-sond Koar Atlanta Constitution (dem.). To issue bonds is like pouring water in a barrel with the bungholo open, and the re- sult will be,the same in both cases. The Tore bonds Mr, Carlisle puts out the more bonds will be needed. The gold will con- tinue to run out almost as fast as it_runs in, and the process will continue until the greed of the eastern capitalists 1s gluvted aud the to grow that if the corge. Hear Thurston. is at the S, Hearn, Your monay's worth or your monoy ha financial resources of the people exhausted ‘BROWNING, KINE ™ & CO. big lot to take off of a $6 pair of trousers. It makes price pretty small for a $3 pair. We will be pleased to also sell the per you a suit or an overcoat. cont off' goes. very nice hard times prices. this sale for it will be money saved in your new trousers’ pocket to take it in. BROWNING, Wil pay the expross If you s tho money for $20 worthi or L R | I A O 1 N < | S. W. Cor.15th and Douglas Sts, ooy o e e e e e e e e After the Storm is over Then comes a nice day—a nice day to buy ; " trousers — especially nice because you can buy them of us now at a discount of 25 per cent, any mens' trousers in the house —some flne ones,some finer, all good, this season's goods—relia- ble as any made— more reliable than most trousers. It's a i i No matter. 25 o —_— = = On these we are making = You can't affordto miss s KING & CO., v Y .. e T A A A AT e B