Omaha Daily Bee Newspaper, December 8, 1894, Page 3

PREFERS THE ECKELS PLAN Ll " . ~ | Emplriwn Between the Comptroller's and | . Becretary Carlisle’s Measure, TREASURY RELIEVED OF RESPONSIBILITY Eckels' Currency Scheme Would Also Prove More Elastic and Would Give the Country Rellef In Times ot Trouble. WASHINGTON, Dec. 7.—Mr. Carlisle’s plan of currency reform is naturally attrac ing great attention In and out of congress, Mr. Carlisle, it Is expected, will next Monday | appear before the house committee on banking and currency to answer any questions that may be asked in further explanation of his | proposition and to assist in the preparation | of a bill covering his views on the subject | which will soon be introduced by Chairman Springer. While Mr. Carlisle's plan is favor- | ably commented on by many prominent mem bers of both houses, there are others whose opinions are of value who argue that the plan proposed by Comptroller Ecke!s in his annual report ,-and which thorgughly understood will meet with gen- | eral approval. A prominent senator authorized authority on all financ explained to a representative of the As- sociated press his views on the two plans He sald: “Mr. Carlisle’s plan for currency reforms, when applied to practice, will pro duca the following result: Taking for the purpose of illustration the example of a bank having $100,000 capital. Such a bank would be entitled to fssu> notes up to the limit of $75,000 (75 per cent of capital), but before doing so must deposit legal tender notes to the amount of $22,600 (30 per cent | of circulation) | “This, in el would be equivalent to a | net fssue of $52,600 In circulation, or 75 per cent received from the government, minus $22,600 in notes deposited with the govern-| ment. Upon this $62,600 of currency the bank would earn its profit, providing it could | keep them in circulation, after deducting costs of redemption, tax for ‘safety fund’ and tax for administration of comptroller's bureau. *“As a plan of relieving the gene ment from the burden and charge of re- deeming the United States notes, it would, | according to the secretary's report, 1y un“ in securing the temporary deposit of $225, 000,000 of these not:s with the government, ‘i all the natlonal banks now in existance should take out circulation to the full amount proposed.’ “Let us see how this result would be ar-| rived at. The present capital of all national | banks In existence s about $668,000,000. If | to this is added $332,000,000 as the ecapital of state banks availing themselves of the privilege, a total capital would be had as the issue currency. Assuming that all the banks possessing this capital issued currency uj to the full limit of 75 per cent, we will have | an issue of bank currency to the amount of $760,000,000. Against this legal tenders to| the amount of 30 per cent of circulation must ba deposited, or $225,000,000 EFFECT ON THE VOLUME OF MONEY “What will be the effect of this upon the | voluma of money in c.rculation? | “Add bank notes lssued, 0,000.000; less national bank currency retired, $172,000,000; legal tenders posted “and withdrawn from | circulation, 000,000. Total, $397,000,000; uet inerease in circulation, 00,000, *“Assuming that this increase could be kept in circulation, a withdrawal of $225,000,000 of United States notes is effected temporarily, but as there are §$468,000,000 of these alto- gether outstanding there ‘would :till remain | outstanding the major portion of the mass, or about $243,000,000, to harass. the treasury by presentation for redemption in gold. it the $750,000,000 1s not kept in circulation the amount of legal tenders returned by redemp- tion of circulation would be added to the large sum not funded. Again, if the l:gal tenders deposited by the banks are to be used for redemption of these motes on presenta- tion there would be no difficulty in procuring any amount of them by presenting bank notes, “So much for the practical working of the secretary's plan. We will now take a look at the plan proposed by Comptroller Eckels. As he gives but few figures on which to base a computation, but simply outlines the prin- ciples of his plan, only a hypothetical illus- tration of its practical workings can be at- tempted. “Taking a bank with $100,000 capital, as | In the other case, the comptroller’s plan ap- pears to require that the bank deposit with the treasury $60,000 in United States notes or legal tenders (for cancellation), in exchange for which it will immediately receive $50,000 in bank notes, for the current redemption of Which only it shall be lable during its life- time, the government reassuming the re- sponsibility for ultimate redemption of the bank notes of this class only upon the fail- ure or liquidation of the bank. GOVERNMENT ENTIRELY RELIEVED. “In this featyre, therefore, there Is neither expantion nor “contraction of the currency, simply the exchange of one kind of currency for another just as good, but for the pur- pose and with the effect of entirely relleving the government of the burden and cost of: current redemption during the existence of the bank receiving and issuing the same, “Under this branch of the comptroller's plan, with the present capitdl of national banks (viz: $668,000,000), $334,000,000 of legal tenders would immediately be retired and Withdrawn from the possibility of being re- deemed in gold by the general government. While a banking capital of $1,000,000,000 would serve as the basis for retiring the entire issue both of United States notes and Sherman act notes, amounting to about $98,- 000,000, under the secretary’s plan capital of $1,000,000,000 would effect a with- drawal, according to his own estimate, of only $226,000,000. Should the bank notes is- sued against ‘legal tenders’ be made avallable for lawful money reserve against deposits, a8 are now the legal tenders, this would | operate to withhold them from redemption by the banks. “Passing to the other feature of Mr Eckels' recommendation, it is found that a bank with $100,000 capital could also issue as much as $50,000 of safety fund notes, con- stituting a first lien upon Its assets and upon the lability of its shareholders, and redeem- able upon the failure of the bank promptly out of a ‘safety fund’ created by a light tax upon all the banks issuing this kind of | elrculation. It is upon this class of note that the bank should make a profit which would be a clear one over and above the light expenses for cost of redemption and taxation for the safety fund and for cost of | operating the comptroller's bureau. ELEMENTS OF ELASTICITY. t I8 on this class of currency also that the | element of ‘elasticity’ would be found, for | each bank could fssue either none at all| or as much as 50 per cent of its capital “Of the present national bank capital 50 per cent would be $334,000,000, or a sum $162,000,000 greater than the total of present | national bank circulation, viz., $172,000,000, | while a capital of $1,000,000,000 would pro- vide for $500,000,000 'of 'this ‘safety fund' circulation, & sum $328,000,000 greater than the present bank lssue. So within the limits | of $590,000,000 would be the expansion or con- traction of this currency, and this limit could easily be extended in the future, if nec sary, by reducing the percentage of ‘legal tenders’ currency to be supported by the banks and extending the limit for ‘safety fund’ currency beyond 50 per cent of capital ““The ‘legal tender’ currency put out of the way by Mr. Eckels' plan of substitution of bank notes, the practical result would be that all the pap:r currency would be redeemable only in gold or silver coin, for there would exist only bank notes, gold certificates and silver cértificates.” DAVID as superior me: who s al questions al govern- is upon which to . MOFFAT1'S PLAN, Scheme to Stop the Withdrawal of Gold from the Treasury. DENVER, Dee. 7.—David H. Moffatt, presi- dent of the First National bank, pjoposes the fllowing financial plan to stop the with- | drawal of gold from the treasury: “Let the government issue $500,000,000 in bonds bearing 2% per cent interest and sell them to pational banks at par, amend the national bank law so that these bonds | reaay | delayed seriously by the refusal on the part of $1,000,000,000 | } | Every year the original admissions let the banks bs allowed to lssue against them at par their own eirculating notes, which shall be legal tender, in no den:mina- tiop less than $10. Also repeal the tax on national bank clrculation, which would, in effect, raise the Interest on the government bonds to about 3 per cent. In taking up all the bills of smaller denomination than $10 silver will be put In circulation as change.” WILL REJECT KEEF 3 SECOND BID War Department OMelals Think the Omaha Man's Figures Are T WASHINGTON, Dec. 17 Information was given out at the War de- partment today that the bid of M. P. Keefe of Omaha, the only contractor who submitted a bid for constructing the two new buildings at Fort Crook, will be rejected, as was done once before, this action being taken on the ground that fn the opinion of the officials of the quartermaster general’s office thie bid is too high. Shou'd this course be de- | cided upon by the War department the only alternative will be again for | new proposals Advertizements have al fssued the second time, asking for bids for constructing the two new bufld- ings, and on both occasons only one bid has | been received, that of M. P. Keefe, the Omaha contractor. The officials of the quartermaster general's office do not seem to be able to get a satisfactory bid for this | work. In the meantime the work is being to advertise been of the War department to grant the con- tract at once. The two bulldings for which the bids are made are for a et of bachelor | officers’ quarters for eight officers ard one barrack wing for four companies. The secretary of the interior has rendered decisions on the following appeals from the decisions of the commissioner of the general land office: United States against Ernest Mattison and others, entryman, Har- lem Cattle company, transferce, and Kit | Carter Cattle company, mortgagee, McCook district, motion for a rehearing denled for the reason that mo new evidenca has been brought forward in support of the ent man’s claim and his entry fs to be cancailedt amuel G. Fletcher agamst Hans Hoffman, Grand Island district, decision reversed and Hoffman’s entry held for cancellation. Iowa-s William H. Moors against Chicago, Mil- waukee & St. Paul railway, Des Moines dis- trict, decision affirmed and Moore's entr; to be cancelled uth Dakota—William Cook against Ralph A. Schaller, Huron dis- trict, case remanded for further evidenc before the local offic Peter C. Hanson | against Christopher J. Corneille, town district, decision dismissing affirmed; Henry Klingbery against H. Rew, Mitchell district, decision Rew's entry for cancellation Ernest Witthoept against Ira A Huron district, motion for review Water- | contest James holding affirmed; Heath, denied | and land awarded to Witthoept A postofiice has been Cherry county, Neb. commissioned postm: The following pos pointed: Nebraska stablished at and Robert M. Pass Faddis re have been ap- Amelia, Holt county, Austin, vice F. A. Anderson, re- | Towa—Cripj Palo Alto county Killen, vice H. B. Hanchon, re- | puthdown, MeLean county, William vice J. M McMann resigned; | Plymouth county, tie Pitney Harvey, g South D 1 county, D. J. Portner, C. Farls, resigned. Treasury department toda: advertisement for proposals for furniture for all public building Rocky mountains. The furniture, when com- pleted, is to be kept in storage until it Is nceded to furnish the several buildings. A | large part of this furniture will be piaced in the new public buildings at Fremont and | at Soux Falls, S. D. The bids will be re- ceived until December 26 inst. lerman Smith of Omaha, everal years a page in the senate, will be succeeded in by his 12-year-old brother, Watson, who ar- rived in Washington today. Both of these | appointments were made at the solicitation | of Senator Manderson. Fred D. Hide of Lincoln is attending law | school at the Columbian university in this city. SOLDIER issues an | ufacturing east of the who was for United States that position HOME OVERCROWDED, Managers Present Thelr Report and Some Recommendations. WASHINGTON, Dec. 7.—The annual re- port of the board of managers of the National Home for Disabled Volunteer Soldiers was sent to the house of representatives today. It treats of the twenty-one state homes. The aggregate average number kept in the tional and state homes was 20,162, the whole number cared for dur- ing the year was 36564. On June 30, 1894, the number presented in the several | branches of the national home was 15, increase in one year of 1,668, This fact the report, showed a congestion that alarming, considering that the timg of the year was one when the population of the home would naturally be the least, and later, | when the number was greater, suspension of | admissions was authorized whenever there was a lack of room. The suspension caused great distress, The board has no means of alleviating it. The men not admitted, al- though entitled thereto, must in general be cared for by the charity of Grand Army posts or charitable institutions of the cities where | they are stranded. There are only two branches which can economically and prop- erly be enlarged, the one at Marion, Ind., and the other in California. An alternative proposition suggested is the establishment of | another branch home in some central place. | The annual cost of the maintenance of each man at ‘the homes was $127.45, a decrease from the previous year of $13.50. The deaths were 1,050, an increae of twenty. The in- spection of the state homes shows that in | general they are economically managed and | that the action of congress in subsidizing | them has been properly appreciated and has | caused a better cara of the members, rell ing the branches of the national home from the support of more than 6,400 members, to the various homes more than make up the loss by discharges and death. There are now 1,000,000 persons living who, if they became nonsupportable, will be entitled to admission to the national home, Make na- and was CURRENCY BILL BEFORE CHRISTMAS, Co ttee Thinks It Will Be Able Report it Hefore the Holiday Recess. WASHINGTON, Dec. 7.—A program speedy consideration of the financlal proposed by the president and Secretary Carlisle was arranged by the house com- mittee on banking and currency today. Three resolutions were passed. The, first specifies | that the plan was outlined by ‘the president | and secretary of the treasury shall be taken up next Monday and that Secretary Carlisle and Comptroller Eckels be invited before the committee at 10 o'clock a. m, Monday, and that the hearings close Saturday, December 15. There was little division of sentiment as to the hearings and no vote of significance | was taken. The sentlment among democrats was for proceceding as fast as possible and reporting a bill before the holiday recess. A second recommendation authorizes Chair- man Springer to invite persons before the committes next week to give thelr views. This excited some comment, Mr. Walker moving indefinite postponement of the pro- position on the ground that there had already been *“too much falk in the committee. The resolution was carried, however, although Messrs. Walker and Johnson, republicans, opposed it A third resolution was adopted authorizing a call of the committee at any time and making five a quorum. This is to prevent delays fu the speedy presentation of a bill. The meeting disciosed that there would be no factious opposition from republicans to- ward getting a bill before the house. to for plan | Gold Golng Abroad. WASHINGTON, Dec. 7.—The cash balane in the treasury today was $166,413,337; net gold reserve, $110,007, This increase in the gold reserve was due to the deposit of $1,500,000 in the subtreasury at San Fran- an_account of bond furchases, a re- port of which reached here today. Advices from New York, however, state that en- gagements of gold for export at the sub- treasury, us heretofore reported, amount to 50,000, which' leaves the true amount of the net gold balance $107,857. With ster- ling exchange strong, at a (rifle higher fig- ure than yesterday, further exportations are WY be used as the basis of circulation, and | Cockran of | and | it s expected that a final vote will be reached | the 1ife and char: | thieves | comm-n law | of original cost, regardless of amount of in- THE OMAHA DAIL SCORED THE LUMBER BARONS Reprecentative Wells of Wisoonsin Denounces the Forest Preservation Bill, COVERS A SCHEME OF THE LUMBER THIEVES FPooling BiIll Also Causes an Animated Discussion —Bourke Cockran Favors the Mensnre and Bryan Opposes 1 Dee. 7.—The house spent an hour today In the consderation of the bill | to protect forest reservations he remainder of the day was occupied in the consideration of the raflroad pooling bill. The debate was participated In by Messre. Bartlett and ew York and Wise of Virginia and Messrs. Bryan of Nebraska Northway of Ohlo in opposition to the bill. The speech of Mr. Cockran wa pecially brilliant, and for almost an hour he held the hou Ibound. Debate under the five-minute begins tomorrow, and WASHIN fn support s rul on Tuesday of next week. opposition seems The bulk of the to be directed at the tion of the bill which gives rallroads the right to appeal to the courts from the de- c'slons of the committee revoking pool orders. At the opening of the session, on motion of Mr. Martin, democrat of Indiana, the order for a night session this evening to consider private penzon bills, was vacated. he committee on banking and currency was given leave to sit during the sessions of the house. On motion of Mr. Haughen, republican, of Wisconsin, the second Saturday of January was set aside fur the delivery of eulog'es on oter of the late Representa- B. w of Wisconsin. then went into committee to consider the president’s mes. Mr. Wilson, democrat, of West Virg'nla, moved that the committee of the whola be discharged from the consideration of the message, and that all its various parts ba referred to the standing committees hav- ing_jurisdiction. Mr. Grow, republican, of Pennsylvania, in accordance with notice previously given, took the floor and addressed himself to the banking scheme promulgated in the president’s mes- | e. He described at length the operation | of the present system, and said he believed the present law should remain exactly as It | except that the banks should be allowed to deposit money as well as bonds for circu- | lation, and take out $110,000 on every $100,000 in money deposited and in circulation up to the par value of bonds. State banks, he believed, should have the same rights of is sue, with the same liability to the govern- ment, together with personal liability of the stockhoTders. | The motion of Mr. Wilson was then agreed | sec- tive George The houte of the whole sage, and ! to. In the morning hour M committee on public lan to prote . McRae, from the . called up the bill | ot forest reservations. | LUMBER SHARKS B Mr. Wells, democrat, of Wisconsin, opposed the bill in every feature. The feature to drive | this bill through under the whip and spur, smelled, he would savored, if he did net have such high respect for the of the public land commiitee, is said that the forestry ass hind this bill. There was anothe socla- tion behind it, which had its origin in Maine fitty years ago, had now extended to the Pacific slope. It was an association of timber and land rks. That assoclation was behind the bill. If these timber thieves were allowed to go into the public forests they would bribe the agent of the Interior ) department and destroy them. The pine land | land thieves of Michigan and Wisconsin, declared, excitedly, had grown rich on their plunder and had then bought seats both in | this house and the other. He would not permit th= people of this country to be plundered of millions of d lars worth of timber. He appealed to mem- bers of the house not to permit these thieves to go into the forests with the disguised pur- pose of cutting only dead and matured tim- ber. He challenged any advocate of the bill to show a line in it designed to protect or preserve the public forests. When Mr. Wells took his seat Chalrman McRae arose and indignantly denied that there was any land ring or association be- hind the bill. He had assumed the responsi- bility for the bill and if the gentleman from Wisconsin knew any hidden power be- hind it he would yield time to him to make known its nature. “I sald before,” replied Mr. Wells, hotly, ‘that I believe in your honesty, but the gentleman s green in the lumber business and I believe the gentleman Is being deceived and is being made a tool of.” M'RAE DEFENDS THE MEASURE. “I may be green in the lumber business, returned Mr. McRae, “but I take pride in the fact that I represent one of the largest timber sections of this country. My state, however, s not affected by this bill. There is no interest behind this bill save such as ought to inspire every patriotic American— the protection of the forests from devastating fires and timber thieves.” After sowe further debate by Mr. Wilson, republican, of Washington, Pickler, repub- lican, of South Dakota, and Coffeen, demo- crat, of Wyoming, the morning expired and in accordance with the terms of the special order the house proceeded with the discussion of the railroad pooling bill under an agre:- ment to take up the bill under the five- minute rule tomorrow. Mr. Bartlett, democrat, of New York ad- dressed the house in favor of the measure, arguing in support of legitimate and legal pooling. It is urged that the granting of pool- ing privileges would not be an enlargement of the privileges of the railways. 1t would simply be the restoration of that freedom of contract to which they were entitled by before the interstate commerce act robbed them. The rallway companies were entitled to conduct thelr properties at a falr profit. Mr. Bryan of Nebraska opposed {hat sec- tlon cf the bill which allowed the railroads to appeal from the decisions of the com- mission revoking pooling orders. The com- mitte> should have absolute control if the pooling privileges were to be permitted, but he opp sed any bill authorizing pooling. Pcol- ing subverted the doctrine of competition, and he denied the right of the goverament to integfere with free and falr cmpetition. he protection of society from extortion rested on competition. The time had c:me when rallroad rates should be reasonable, and he cffered an amendment Intended to test the sense of the house. Unless cne principle was to exist for other corporations and one for railroads, rallroad rates should be cal- culated cn the present actual value of a rail- road. The amendment ,was as follows “In determining 1the reasonableness of rates the committee shall allow profits only on the cost of reproducing the roads and rilling stock at the present time, regardless HIND IT. debtedness, and rej capital stock Issued, tlous."” Mr. Bryan was applauded when he finished. Mr. Northway also antag:nized the meusure Mr. Wise, chairman of the interstate com- merce committee, supported the bill, At 5 o'clock the house adjourned until to- morrow. dl2ss of the amocnt of whether real or ficti- SUCCESS OF THE DIPHTHEKIA CURE. Report of Dr. Kinyoan on the Experiments that Have Heen Mado ln Parls. WASHINGTON, Dec. 7.—0t particular in- terest at this time is a report made to Sur- geon General Wyman by Dr. J. J. Kinyoun, the marine hospital surge:n who, at the invitation of Prof. Roux, investigated the methods employed at the Pasteur institution, Paris, In the preparation of the new cure for diphtheria. Dr. Kinyoun says that after spending a month at the Institute he had seen sufficient to enable him to form an in telligent estimate of the value of the dis- overy, ‘There is, he says, still more to be ald In its favor than was claimed for it by Prof. Roux in his paper on the subject before the International Congress of Hygiene and Tomography held at Budapest in September. The report gives in detail the steps necessary for the separation of s:rum anti-toxine, which includes, first, the prepara- tion ofthe toxines of diphtheria; second, the looked for, immunization f animals; third, preservation Y BEE: SATURDAY, DECEMBER 8, 1894. To Whom Thousands of Men and Women and Children Everywhers Owe Their Life and Happiness Today. His Reputatiyon Has Made Dartmouth College Famous in Every Town g,_ud Village in the Country---Prof. Edward E. Fhelps, M.D., LL.D.,, Who First Gave to His Profession Paine’s Celery Compound, the Wonderful Requ# That Makes People Well. A “Excepting its handful of mzgnific:nt states: men and its military heroes,” says the most recent writer upon America, “the people owe more to Dartmouth’s physician-teacher than to any one man, “In every walk of life, among the highest officeholders at Washington, in the homes of the best people in the large cities, among the every-day folks of the country, families fn comfortable circumstances, ~ familie that ‘live from hand to’ mouth and could mot, it they wished, afford the services of any but an ordinary physiclan—everywhere I have met people to whom Paine’s celery compound has been a blessing.” The story of the life work of this glant among men has been often told and is fa- miliar to most readers. The likeness above is probably the best portrait of him yet printed. It was the world-famed discovery of Prof. Phelps of an infallible cure for those fearful ills that result from an impaired nervous s tem and impure blood which has endeared the great doctor to the world and made his life an era in the practice of medicine. Prof. Phelps was born in Connecticut and graduated from the military school at Nor- wich, Vt. He studied medicine with Prof. 227 22727557 v2e 7 o2, 7 FROF, EDWARD E. PHELPS, MD, LL D, Nathan Smith of New Haven, graduated in medicine at Yale, His unusual talent soon brought him a rep- utation and prominence among his profes- sional brethren. First he was elected to the professorship of anatomy and surgery in the Vermont university, Next he was appointed lecturer on materia medica and medical bot- any in Dartmouth college. ~The next year he was chosen professor of tfie chair then va- cated by Prof. Robby, and occupied the chair, the most important one In the country, at the time when he first formulated his most remarkable prescription. In view of the overwhelming testimony to the value of Paine’s celery compound that has recently appeared from men of national reputation, the picture of Prof. Phelps is particularly interesting. New York's state treasurer, Hon. Addison lvin, Ex-Minister to Austria John M. Francis. Miss Jenpess Miller. President Cook of the National fation. Hon. David P. Toomey, the publisher of Donohoe's Magaz/ne. General John A. Halderman of New York City. Hon. John G. Conn., and B. Teachers ast Carlisle's private secretary. The popular and talented actress, Marle | that the compound be placed where the gen- Tempest; the poet-author, Albert H. Hardy;| the mayor of Montreal, brave Ida Lewis and | a host more of prominent men and women are | among the thousands of grateful people who | have recently sent to the proprietors of this | wonderful remedy their expressions of its un- | equalled value—men and women who can well | afford, and do command the highest medical | advice in the country. helr testimony simply goes to show what New England's vigorous essayist has so aptly sa.d, that Paine's celery compound is not a patent medicine; it is not a sareaparilla; it is not a mere tonic; it is not an ordinary nervine—it s as far beyond them all as the diamond is superior to cheap glass, It makes people well. It is the one true specific recognized and prescribed today by eminent practitioners for diseases arising from a debilitated nervous system. Prof. Phelps gave to his profession a positive cure for sleeplessness, wasting strength, dyspepsia billiousness, liver complaint, neuralga, rheu- matism, all _nervous diseases and kidney troubles. For all such complaints Paine's celery compound has succeeded again and again where everything else has failed. It is as harmless as it is good, and it was the universal advice of the medical profession eral public could secure it, and thopggndy of people have e year proven the Wwisdom of this gdod advic Only a truly great and effective remedsy could” continue, as Paine’s celery compound has done, to hold its high place in the esti- mation of the ablest physicians and of the thousards of busy men and women whose only means of judging is from the actual re- sults in their own homes or among their friends, » remedy was ever so highly. recommended, because none ever accomplished £0 much. Today Paine’s celery compound stands with- out an equal for feeding exhausted neryes and building up the strength of the bo It cures radically and permanently. lig nervous prostration and general debility tfom which thousands of women suffer so long that it finally gets to be a second nafure with | them—all this suffering and despofidency cap be very foon removed by properly feedin; the nerves and replacing the uuhsnfihy bloo by a fresher, more highly vitalized fluid. A" healthy increase in appetite and a correspond= ing gain In welght and good spirits follow; the use of Paine’s celery compound. Paine's celery compound is the m markable medical achlevemeny of this last | half of the nineteenth century. of and conservation of the serum. The manner of producing immunity In animals may, the report says, be performed in one or two ways—by injections of the toxines or by Inoculaticns of the bacilll. The former method has been found to ba the best and | at present is the only one in use. In the | experiments of Prof. Roux and Dr. Martin | animals of all kinds were used, but now they | use the horse, and it has been found to be the most satisfactory. It stands the process | of immunization better and gives a serum | stronger than any other large animal in the same length of time, besides furnishing a larger amount of serum. Of the whole num- | ber of cases which came under Dr. Kin- | youn's observation (eighty-two) three died, | about 4 per cent, The statistics show that | there has been a gradual diminuticn of mor- tality since last May. The report, continuing, says: “The efficacy of sgrum is better shown in' the tracheotomles than in all others. | The mortality under the usual conditions | has been, from 1889 to 1594, something fright- ful to contemplate; fully 8§ per cent of the patients have succumbed..«Since the com- mencement of the serums treatment the death rate has been lowered to dess than 47 per cent, and the cases upon which tracheotomy must be performed are fewer and fewer. Another fact worthy of mote is that there are seldom any forelgn complicaticns 'n diphtheria that were formerly present. Diphtheritic paralysis is rare, pneumonies are less fre- quent, and alth‘ugh aluminaria exists in nearly every case of several days' duration, fatal cases of nephritis. are gradually be- coming less frequent. it 4s mow possible to {mmunize the reagents to disease. Un- fortunately, the immunity is not of long duration. The longest time dn which it is thought to be protective is six weeks, an Injection of from ten to twenty being suffi- clent. ““The future possibilities in the second con- Aition cannot be overestimated, as we have in the serum the almost absolute prcvent- ive of epidemics of diphtheria.” Increase in Gula Froduction. WASHINGTON, Dec. 7.—-The Treasury de- partment has received such figures on gold production in the United States during the calendar year 1891 as warrants the bellef that it will approximate $43,000,000, distrib- uted as follows: Colorad 475,000, Mon- tana, $,576,000; Idaho, $2,20,00; California 31,760,000 total for the four states, $20,,830, 000; increase for the four states during the calendar year, $7,000,0; production of all other states and ferritories, $13,150,000; total production, $:.,000,000, The success of our Drapery Department warrants us in saying that greater efforts and more room will be given this part of our business. In order that we may commence the new year clear we make a special December sale in this de- partment Chenille Table Covers, Curtains, Damask Curtains, Lace Curtains, variety at as little cost as possible, Couch Covers, Sofa Pillows, in splendid 1,000 Curtain Poles, any wood, with brass ends, brack= ets and rings complete, 10c each, Ten only to a customer. Orchard & Wilhelm CARPET CoO. 1414-16-18 Douglas St. »