Omaha Daily Bee Newspaper, December 5, 1901, Page 3

NEBRASKA PUBLIC SCHOOLS Btate Superiatendent Fewler Reviews Their Growth ST LOOKS TO WEST FOR MONEY oad Man the Recovers Daunghter Conrte=Carnesie Compietion. (From a Btaff Correspondent.) LINCOLN, Dec. 4.-(Special.)—State £u perintendent Fowler has prepared a state. | ment showing the growth of Nebraska pub- | lle schools duting the ten years ending with 1900, ‘It shows that the total school | census {n 1890 was 333,243 @Rd In 1900 877 | 701, an Incréase in the te years of 45,345, | The total recelpts for school purposes from | all sources for the year ending with July, | 1800, were $3,63,116.04 and for the year | ending July, 1900, $4,410,400.33, an incrense | of $771,283.30. But the increase in ex- penditures exceeds the inerease (n receipts. for in 1000 the payments for the public school system amounted to $4,404,222,07, as againet $3,499,300.26 in 1860, the difference being $004,021.51. The value of all_sehool propurty In N braska in 1890 wak $6,.813.464.25, while 1900 1t was $0,591,134.63, the Increase the ten years befng $2,977,670.35. The most interesting feature of the statement 18 that which tells of the employ- ment of teachers. The total number em- ployed last vear was 1002 less than in 1890, The decrease in the number of men employed as teachers was 700, while the decrease in the number of women was 203 This falling off in the number of teachers employed 1s due to ¢onsolidation of schools and a rearrangement of methods. The following statement shows the pum- ber of school bulldings In the state in the twd years and the material of which they | wera constructed in n §od ok Frame Brick Btone Totals b h Weat Lends to Ea There has been one especially no- table change in the banking business in the | Iast few years which gives the bankers of this state a good opportunity for invest- ment In eastern securities,” said President & H. Burnham of the First National bank today. “Until three or four years ago our Nebraska banks were obliged to borrow in the east to supply the demands of home customers. That condition has heen re- versed and now few of the banks are com- pelled to get money from eastern institu-’ tlons, but on the other hand bave taken a large amount of castern paper, thus loan- | ing their mouey in the east instead of bor- | rowing it there. as was the custom a few years ago. \ “1 would not care to estimate how much of this eastern paper is held in Nebraska, but T belleve it amounts to several milllon dollars. The local demand for money ls not o great as it was, of course. but the | general fleld for investment is about as| good as ever, but with the interest rates lower. Loaos that bring 6 and 7 per cent would have brought 7 and § per cent several years ago, and it was not long ago| that we loaned money on good security at| 10 per cent. A man with a small amount of money can't get over 6 per cent on |t now. | Farmers can get all the money they want | on jmproved land at & per cent interest. | But while the demand is lower I have no | doubt that the deposits in the Nebraska | banks are three times as great as they | were in 1 | her R 1 overs Dnughter, Judge Frost in the district has given a deecrs which wiil restore 6-year- | old Gladys Wecks to her father, Georgé | FE. Weeks of Chicago. Ior several years past the little girl has been in the posses sion of her grandmother, Mrs. Jennfe Fan- ning of this ¢ity, who refused to release her witbout an order from the court. Mr. Weeks arrived in Lincoln Tuesday and re- | cavered his daughter through the process | of habeas corpus, and the case was decided | in court yesterday afternoon. The father is A passenger agent (n the employ of the Great Northern rallway court Charity Workers Confer, A publi¢ conference of ch will be held in the county morrow evening. This Is the first of a| series of conferemces which will be held monthly for the consideration of different | phases of local charity work. The subjee’ | for discussion tomorrow night Is “County Public Rellef.”” The object of the County Charliy assoclation is exvressed as follows “To seek the best method of administering | county rellef to the poor in their hom:s; to establish better co-operation betweer' pub- Mo and private charities; to call attention to the condition of the county poor and to arouse more interest on the part of the public in charity work." Carnegie Library Nearly Ready. rity workers court house to- §. L. Gelsthardt. chairman of the build- ing committee of the Lincoln Publie Li- brary hoard, announces that the new Car- negie library building at Fourteenth and N streets will be ready for occupancy some time during the laiter part of Jan- uATY. The roof of the building is now complete, with the exception of placing the glass in the skylight. The rough plas- tering has been finished and all of the heavier material han been placed in posi- tlon. The commitiee has contracted with F. M. Russell of Omaha for gas fittings ABSOLUTE SECURITY. Carter’s Little Liver Pills. Wuet Bear i fendant | within | time limited for that purpose it stands now THE OMAHA DAILY S| And electric wiring in the butlding at t price of $919.70. Acting Governor Stesle, Lisutenant Governer Steels of Pairbury who fs acting chief executive of the state in the absence of Governor Savage, was At the capitol this afternoon, but there being no husiness whieh required his attention he left on an evening train for his home. Governor Savage Is attending tha National Live Stock convention In Chicago, but is expected to return Friday. Home for the Friendless. of Publie Lands and Bulldings, acting on the recommendation of tha visiting and examining board, has adopted new rules for the government of the Home for the Frisndless in this city Sinee the home was made a state inatitu tion no offclal rules have heen in force and those adopted by the hoard will not materially change the conduet of its affatrs. The State Board Uninwfnl Shipment af Game, Chief Game Warden Simpkins bas dis- missed the charges against E. B. McKin- ney of Rurwell, who wae arrested last week for unlawful shipment of game, and another complaint has been fled againat him, containing twelve counts. The de has been release on a bond of $1,000, Nemaha Cownty Bank. Secretary Royce of the State Banking board has issued a charter to the Nemaha County bank at Auburn. The institution is capitalized at $20,000 and its principal incorporators are: A. M. Engles, president; Fred Lamb, vice preeident; Willlam Gaede, cashier Lonisiana Plag Day. Governor Savage has issued the following proclamation designating December 20 as Loufsiana Purchase Flag day The most promising and resourceful ad- dition to our national domain is that vast stretch of territory acquired from France by what fs known as the Loulsians pur- chase. This transaction was finally con- summated and the stars and stripes un- furled at New Orleans December 20, 180, Included fn this acquisition Is practically that part of our domaln extending from the British possessions on the north to the Gulf of Mexico on the south, and fromethe Missiasipp! river to the Rocky mountains Tom |t [0 comprising as it does the great Mississippi and Missouri river valleys thirteen atates were carved, among them the great state of Nebraska Tn view of the fact that In the centennial year of fhis purchase a greaf commemora- tive exposition is to be held at St. Louis and for the further reason that this is most important and memorabie date in American history, 1, Ezra P. S8avage, gov- ernor of Naebraska, do hereby appoint and signate December 20. 1901, as the Louisi- | ana Purchase Flag day, and do hereby | recommend that the national flag be un- furled and floated from the mast on all publlc bulldings in the state on that day and that commemorative exercises be held wheraver practicable, to the end that this event shall be given a distinction com- mensurate with 1ts natfonal and historic importance. In testimony whereof I have hersunto | sgt my hand and caused the great seal of | Nebraska to be affixed. Done at Lincoln this 24 day ot December, A. D. 1801 (Seal) By the governor EZRA P SAVAGE, G W MARSH, Secretary of State. andard 01l Defeats State. In the case of the State against the Standard Ol Company, which was instituted under the anti-trust law by former At- torney General Smyth, judgment Is given in | favor of defendant and the case is dis- missed. The opinion is by Judge Sullivan The syllabus I8 as follows 1. Where a case I8 tried by referees and no’ exceptions to their report are flled the time limited for that purpose the findings of fact stand as an unchal- lenged verdict upon which it Is the duty of | the court to pronounce judgment The opinion conslsts of only graph and is as follows This action was brought for the purpo of preventiug the Standard Oll comps A torelgn corporation, from continulug to do business in this state in violation of the anti-trust law. The Issues were tried he- fore referees who, after hearing the evi- dence, made the following report: ‘“That the evidence does not sustain the allega- tions of the plaintiff's petition. And as a conclusion of law we do find that the plain UM fs not entitled to the rellef demanded and that defendant Is entl 1 to judgment f diwmissal in its favor.” No exception | to this report having been filed within the one para- | e | as an unchallenged verdict upon which the defendant is entitled to judgment as & mat- ter of course. The state having, according {0 the conclision of the referees. fafled to establish the essential averments of f{ts petition judgment on the merits will be | rendered “against it JUDGE SUSTAINS THE DEFENSE | Confession Made at Point of Gun by Force Not Ad mitted. HARRISON, Nab., Dec gram.)—In the district court here today Judge Harrington sustained the objection raised by the defense in the Force murder | trial agalnst the admission as evidence of the contession made by young Force imme- | diately after the killing of Russell and be- fore the coroner's jury. It was shown by the mother of the prisoner that the son was | made to confess at the point of a gun held by the father. 4.—(Special Tele. Royd' Connty Welcomes Elkhorn, LYNCH, Neb, Dec. 4.--(Special.)--Boyd county is assured of a rallroad and Lynch and vieinity are enthusiastic. Gener! Manager Bldwell of the Elkhorn line drove into town in company with a number of assistants and assured the people that it the right-of-way for the road and depot site could be obtained for them free they would guarantee the extension of the Ver- digris line in time to move the next crop Lynch business men began work and quickly had the right-of-way secured and are ready to deed the depot site as soon ms the en- gineers name the location desired. Mr Bidwell left for Omaha with his right-of- way and is much pleased with the friendly nd prompt spirit given his proposition Highway Robbery in Ashland. ASHLAND, Neb., Dec. (8pecial.) - George Landreth was held up and robbed At 6:45 last night near am old, abandoned brick building on Main street, two blocks west of the depot on the Salt creek bot- tom. Landreth was selzed by two men, one coming from behind and throwing his hands over Landreth's mouth, while the other highwayman drew a revolver. They rched his pockets and secured $41.25 in cash and a gold watch. The footpads dis- appeared in the darkne i + o Restgm FORT ROBINSO Dec. 4.—(Spe- cial)—Dr. A. H. Simonton, contract sur- geon, U. 8. A, who has been stationed at Fort Robinson for over two years, has re. signed his position as surgeon In the army and will return to bis home with his family in Alabama, where he has interests in fruit vineyards. Dr. Simonton served In the Santiago campalgn and again’in Cuba. Deaths in Central City, CENTRAL CITY, Neb., Dec. 4.—(8pecial.) ~-Mrs. James Huteson, one of the early settlers of this cou who died in Omaha Saturday, was buried here yesterday. Mrs. James McKivitt, an old resident of this city, was buried yesterday. Mrs. M Kivitt was severely injured at the Trans mississippi exposition by the slamming of one of the gates by the wind. Conti Charged with Horsestealing. Neb., Dec. 4.--(Special.)— mb and B. B. Mundell were ar- rested yvesterday near St. Libory by the sberiff, charged With horsestealing in Polk county, The stolen horses were found in | Mareh $minte to the utmost | of manufactures SECRETARY CAGE REPORTS Finde Tee Much Surplus Resomme; Revenue Reduction. AGAIN ADVISES SHIP SUBSIDY SCHEM Snggeata Important Modifications o National Hanking Act=Intent on Eliminating Elements of Fi- nancial Weakness, WASHINGTON, Dec. port of Lyman J. Gage treasury, was today transmitted epeaker of the house of Concerning the operations of the treasur, he saye The reserve fund and have heen maintained of United States notes have heen cac adjusted by exchange for gold, %o the full sum of $160,000000 has been unchanged in coln and bullion Upon the withdrawal of treasury notes a the bulllon of 459 was coined into stander: dollars, silv rtificates under the act o " wera substituted to fh extent 00 to July 1, 1900, an 25,204,000 additional to July 1. 101 By vember 1, 1901 $45.33,000. The gold_certificates upon de. ~The annual re th he trust tun The redemption: da tha kep tof the metal were Increased during n ihe fscal first quarter o The the vear b A ), _and in th 1002 by 81, 490 additional erve and the trust fund against ce tincater, recelved an addition of §i1.t0 326.74 during the fiscal year, and a furthe addition of $34,304,225.60 by October 1, whil 313,697,327 more in October brought the egate by November 1 to $542,831 846, Th Aum in gold was never before equaled in ou annals, and only for a few montha som renrs ago has any other government evel eld so much of that precious metal Growing Use of Gol Two features are marked in the currency —first, the growing use of gold, and, sec ond, the constant addition to the small de- nomifnations of paper. The gold certificates, in circulation, whic Tncludin h was 3 er cent of the total cireulation on July 1, 597, was 3056 per cent on July 1, 1600, 4. per’ cent on July 1, 191, and 40.8 per cen on October 1. 1®1. The average denomina tlon of notes and certificates lsued by th {reasury, which was $8.34 in the fiscal yea 1900, fell 'to $4.48 In 1901 The heavy colnage of small denomina tions, which again exceeded any previou year's output, taxed the capacity of th Relfef, however, Wi he experienced during the present vear through the greatly enlarged capacit of the Philadelphia_ mint, The now mint under construction at Den ver has made slow progress during th ¥ but the contract for interior finis will shortly be made. The appropriatio; for sfte ‘and buflding was $500.000 and_ th site cost $60,000. An appropriation of $150, 000 for equipment has been made, but n contracts thereunder nave as yet been en tered upon. The new mints at Philadelph r, and Denver, together with the old ones at Orleans, will pro- San Francisco and New vide ample colnage facilities for the coun try for many years to come he_cofnage of silver doilars during th year was wholly from the stock of bullio: accumulated under the act of July 14, 18% The atock of this bulllon at the kegiinin, of the fiscal vear was A3,26805 standa ounces and at ‘the close of the y 922 standard ounces, but 382,08 ounces were used in subsidiary colnage authorized by the act of March 14, 190, Industrial Consumption of Gol The industrial consumption of gold the United States in_the calendar year | estimated to have been 7,000 and In th world_approximately Although the United States led the world inst yea in the production of gold, our Imports o that metal exceeded our exports by sum of $12866.010. The stock of gold i the country, including bullion 1n mints, at estimated at §1,124,652. silver coln at $610,447, The secretary tells of the operations and growth of the national banks. During th vear sixty-nine banks were organized in th western states with capital of $2.455,000 of which $1,165,000 was for the thirty-fou banks in lowa. Nebraska reports twent new banks, with $525.000 capital: coln 1 818 and the stock of ming two, with capital of $50,000. Under the head of foreign commerce th secretary says ‘The recofd of exports of manufactures i 1001 ight decrease, to $2 i compared with 1900, bi an increase of $12,562,920 over 1899, and ex ceeded the impofts of manufactures in 1901 by $89,026,768. Prior to 1898 the import: of manufactures always exceeded the ex ports. In the four vears, 1898-1901, export of manufactures have exceeded imports by 350,777,106, Reduction of Exports. The reduction in the figures of exports o manufactures Is due in part to the ab sence of a record of the exports to the Ha waffan islands, in part to a reduction fr the price of articles exported and in par to w decrease in the exports iron and steel. The Hawallan fslands are now a_customs district of the United States and the fact that those engaged in com meree with them claim the privilege of th coastwise trade regulations has it impossible to obtain statistics of tade with ‘those lslands dirsig the pus Sear. The remaining reduction oceur chiefly ‘in flluminating ofl, iron and stee anufactires and copper. of! the reductio all articles showing a decrease in the aver age export price per unit of quantity 191 compared with 1%0. In copper the ex orts fell from 166 In 1900 0 341,260, 1. this reduction being apparently d to increased foreign produstion anc ces n producing countries othe than United’ States and in part reduced demand abroad, In other branche: the exports show a satisfactory growth Commerce with New Territory. The commerce with the territory has been recently brought under the Ameri can flug shows a gratifying growth. §Rporie to the” Philippine, faiands $4,027.060 in 1901, aguinst $2640,440 In and 3404188 in 1899; to Porto Rico, $ 10 1901, dgalnst $4.640.440 in 1900, and $2. . To the ilawalian fslands there i reason to belleve that also greatly increased, the ‘reasons ahove given it has possible to obtain st exports to or imports from those o0, been im. island The fact that Porto Rico has now become States a customs district of the United and that all_customs duties botween tha fsland and the ports of the United States the have been terminated also removes commerce with that island from the quirements of the law relating to sta tistical reports of foreign commerce. This absence of authority 1o require reports of tlie movement of commerce hetween United States and H renders it impossible to determine sta tistically (he effect of their new relation ship upen our trade with them hoped that some legislation may which mmerce horts o nited States and Nous under fts tained through the sar re. tweer 1 non he ol territory Questions growing and enforcement. of act of July M. 187, have engaged the ear: and patient attention of the depart particularly with reference out of the construction ‘age. The case will now soon recelve fina Judicial determination the department that'the dectslon of th court may be conclusive and convincing a 1o the merits of this complicated question Increase in Immigration, The annual report of the commissione general of immigration for the fiscal yeas ended June 30, 191, shows that arrivalk of allens 'aggreguted 562,568 that number 187918 were steerage and 7. 20 first and second cabin passengers. Th former, us compared with the same class of arrivals during the preceding year, show, an Increase of 3,346, about 9 per cent, Whom -ame via Canadlan ports and wera landed at ports of this country. Th Iurgest gain reported for the year was 47 219, at the port of New York Of the races which contributed total steerage immigration the Ttallan with 137,867, s far In the lead, repr senting about 28 per cent. followed in order given by the Hebrew, with 5, the Polish, 43,617, the Scandinavian, the German 42; the Irish, 30.404: th Slovak, 20.Mi; the Croatian and Sloventar 17.0%8; the English, 13458: the Magvar, 13 811, and all others’ combined, &, valenee of WWmalloox, The surgeon general reports that durin the year smallpox has oec in ever state and territory i the unjon with th sxception of Arizona, from which ports have been received. The nam cases reported for the six Decomber 31, 19 & mortality of months ended J Teported, wit e to th endes 137 death the si a0s Wer a mortality « whole year th e For' the St. Paul. The prisoners are held for the arrival of the gherift 6t Polk county. per’ cent number of cases was 35,56 and deaths &, showing @ mortality of L7 per cent, @ sacretary of the representatives. No- the total exchanga reachad rora gold in the treasity, including fiscal rd 3, the ciose of the flscal vear was South | Dakota ten, with capital of $250,000; Wyo amounting | of copper, rendered the n {lluminating is partly in price, nearly in continue to which The were 0§ the exporta though for iatics elther of the the all and Porto Rico and It Is be had control may machinery which records the commerce with foreign sectlon & of the tarift to Russian sugar bounty and it Is hoped by the total ot 020 ot 226 BEE: THURSDAY, DECEMBER 5, 1901. compared with 15,083 cases and Auring the vear ended June mortality of 48 per cent Thus it fs sean that while more than twice AR many cases have been reported Auring the vear just ended, the mortallty has baen less than half that of the pre ceding vear. This is probably by the fact that cases as wail ns deaths wera more fully reported during the vear fust ended, while [n the preceding vear Although mest of the deaths from small pox were reported, thers is no doubt a great many cases of the disease, for VArious reasons, were not reported. By this explanation the lower percentage. 1.7, is Asamed nearsr the cOPFECt mortalits In view of the unusual prevalence of smallpox throughout the United States, and 16 ald In ite supprasston, two pamphlets relating to the dingnosis, prevention and suppression of the disease, which wers prepared by officers of the ser were mafled to the health officors or other I rested persona In towns where smallpox was reported to exist. In this manner these pamphlots were sent to 210 und Into every state and territory United States except one. Plague and Yellow Fever, The existence of bubonte pague in San Francisco, which was first roported March & 190 and of which mention was mude (0 the last annual report, was co firmed by a commission appointed by the department, consisting of three bucteriole gists of the highest reputation who had rovious connection with government sery The number of cases found from found from Mareh 8, 190, to July 1, 1901 was ~four. Sixteen additional ‘enses ware ted hetween July 1 and Novem- ber 15 of this vear. Thero has been no United States since port, and, with the exception of few es that were reported in Natches in vember of last year, there have been no cases 1n this country since the fall of 180 One hundred thousand doses of the vac- cine for bubonic plague were made in the hyglenic laboratory. ~This vac known as Haffkine prophylactic, 18 an efficlent preventive against this diseise. 1t was sent to the Philippine fslande, to Hawail agd to all our ports on the Pacific coast Horses were treated in order to obtain a curative serum for yellow fever, plague, typhold fever and pneumonia, with varying success . aeat £ t y a y t t . ol t o . vellow the last tever In annual the re . o & r o r Merchant Marine On the subfeet of the American merchant marine in forelgn trade the secretary saye 1 renow the recommendation mada in 1898 for a remodeling and extension of the act of March 3, 1881, relating to the carry- ing_of ocean mails by American steam ehips. so that it shall meet requirements which have urisen since the law went into operation. The time {8 opportune and tha conditions propitious for such_legislation at and continuous appropriations for T Shipe have created planis which cun bulld ocean steamers of the highest class Capital is abundant, and the energles of the natfon are bent toward the increase of our forelgn trade and of national pres- tige. Ther. (s no longer any reason why we_should be dependent on the auxiliary navies of Eurgpean powers for our ocean mall service, The establishment of a com plete American ocean mall service to rope, Asta (including the Philippines), Souith Americn and Australia, similar to the na tional mall services of ‘Great Brituin, Ger- many and France to the United States, Asla. Africa and Australla, will fn_{taelt furnish the backbone far an' American sys- tem of communication by sea. If wo are at an early day to becoms a maritime power, such mall lines alone will not suffice. In my report for 1898 the es- | tablishment of a system of graded bounties upon the mileage navigated by American vessels while engaged In the forefgn-carry- ing trade was recommended Navigation bountles In the United States are justifiable only by present conditions, by the certainty that they will not lon e required, by the fact that thea need no in any year exceed the total cost of a couple of battleships, and by the fact, conceded by our maritime rivals, that they will | duce the results we desire. In legfslation upon_the subject it ik recommended that congress shall keep in view the fuct that the exepdient 18 temporary and that prompt results are desired fic Raflrond De unts which have become due un- greement dated February 1. 159, | for the settlement of the indebtedness of | the Central Pacific Railroad company to | ine United States have been pald by the | raflrond company fn tull, neluding fnterest on all outstanding notes to August 1, 191 The company has also anticipated . ment of the note maturing Februar 12, and by application of amounts “due for transportation has pakd $1,09,35.% on account of the principal of the note due | August 1, 1902, 5o that there still remaing to be paid only $1,141207.42 on account of the principal of that Wol The principal of all notes leld August 1, 01, wmounted to $3,369,5625% and | moftgage bonds to the amount of $39.70,00 | were held :s security for the payment | thereo. | By act approved June 6 1%, authorized and empowered the | of the treasury, the secretary terfor and the attorney general to make | settlement and _adjustment of the Sioux | City & Pacific Raflroad company’s in, % to the government of the United | grates o that end to receive and { determine upon any proposition or provo- sitions from said § Ity & Pacific Rail- road company The claim of the United States was sold | to the Chlcago & Northwestern Raflway company for $1,812.000 ih cash paid by that mpany and $20.841.24 earned by the Sfoux City & Pacific Railroad company for trans. portation service performed for the United ‘ates, but surrendered by the company for application to its indebtedness. ‘The total « | amount_realized from the sale was S2 | $41.24. " The rights of the United States ¢ sisted of a second mortgage on the road which was a branch of the Pacific lines of only 10177 miles, and purchasers were re- quired to satisfy the claims of the holders | of the first_ mortgage bonds Issued by the company equal in amount to the second fien of the United States. The total cost | of the property was, therefore, §3,750.541.24 Under the terms of the sale' the United States also retaine any further amount earned by the road for transportation sery- | e performed for the government to the | day ‘of sale Proress in Porto Rico. The fiscal year ended June 50, 1901, wit- nesed the financial reconstruction of Porto Rico under efvil government and the con- version of the island from a financlally in- secure dependency to a_solvent, self-su porting _community. For the fiscal year ending June 0. 1902 the outlook is no less satisfactory. Without a dollar of funded or floating fndebtedness, with a current in- come estimated as sufficient to meet _the ordinary expenses of government, with large reserve funds to provide for unfore- een or extraordinary contingencies and with a lighter/burden of taxation upon the real economic life of the fsland than at any time in its history there seems every reason for regarding the financlal future of Porto Rico as bright and ausplcious Reduction of Revenue, The war with Spaln was an emergency involving extraordlnary \expenditure. ~ The provision made by congress for 4n ine creased revenue appears in the light of events to have been timely and fudiclous The short duration of thit war, the dis- bandment of the volunteers, and,’ later on. the reduction of our military forces. now exposes us to the evils of a revenue greater than reasonable requirements demand The estimates for the fiscal year ending June 0, 192, indicate a surplus of $106,000,- 000, For the next flacal year, 1902-193, thers (s o be an estimated surplus of a lit!le more than $23.000.000. Congress must Le the fiyin] judge as to what particular objects of taxation and in what degree reduction {n rates shall apply. In my opinion, it would he within conservative Imits fo reduce Tevenue to the extent of $50,000.000. As A first_step in that direction, 1 recommend for conslderation the repeal of all the mis- cellansous taxes Known as war taxes These {tems (exclusive of the increased tax on fermented liquors. tobacco, ten and mixed flour) are estimated to produce 3 t o r . o 1 ¥ h n o " n 0 . h v 4 n 4 1 o 0, | r . cougress secret 4 ot the n . I t . | s | o d r t 5 f n explafned | pro- | first | L5000 They are in thelr nature veza. Uoiie, n some Inetances oppressive, and, | separately considered, yvield but smali reve: npie. Reviston of Banking System. Concerning the tanking system the secre- tary says Admirable in many respects, experience shows that our hanking svatem is devised for fair weather, not for storms. The following modifications of {he national banking act arc suggested for the con- sideration of thosa who fesl responsiblity in_the matter. clalm for originality 1n conception {s made, for In part, if net as a whole, they have found expression by | those Who have most carefully considered the fmportant auestions involved By necessary amendments to | provide That any national banking assoclation | which shall deposit 30 per cant of its capital in the form of United- States honds at their | par_ value, and 3 per cent of fts capital i United’ States legal tender notes, with the treasurer of the United States, ag se. curtty therefor, shall be entitled fn faeua its glrculating notes to an_amount squal 1o fis pald-in and unimpaired capital. In Wition to the deposit of security so re. quired, banks permitted to fssue notes above shall pay sgemi-annually to the treas- urer of the i'nited States, in trust, an amount equal to one-eighth of 1 per cont on thelr capital stocks, respectively, such pay- ments to ¢ “Guaranty Fund'' for the protaction he nate of any bank which by reason of fnsolv shall be- come unible 1o pay it demand, When Bank olvent. When a bank thus priviieged shall be come insolvent the treasurer of the United States. as trustee for the note holder. shall sell the bonds held as security and credit the amount =0 realized to a special fund for the redemption of the notes of such in nt bank. He shall also credit to such ount an amount equal to the United States' legal tender notes originally de- Ited by safld bank ag security, He shall ther transfer from the general “Guar- anty Fund” to the credit of the speclal re demption fund of such insolvent bank an amount, in addition to the amount realized from the bonds and legal tender not sufficlent to equal the total of the outstand ing clrculating notes of _such insolvent bank, and this fund so constituted shall be applled to the payment of such outstanding notes. For the amount thus taken from the “Guaranty I"und” the tres the United States, as trustee, sl em- powered and required to assert claim againat the recelver ~ of _ the ine solvent bank and shall be entitled to recefve dividends in the same proportion as the general creditors of such bank. Dividends so received by him shall be re- the credit of the "Guaranty ther the present law, requiring a de- of 6 per cent of a bank's circulation as a current redemption fund, nor the present system of redemption’ need be changed Effects of Proposed Amendments. I ventire now to present some estimates of the eftects of these amendments If in- corporated into the law. If I am not mistaken, it would lead to an important increase ' n the capital of the national banks. Thelr total capitalization at pres- | ent is 0,000, They have & surpius and undivided earnings find of $430.000,00, the larger part of which could be put into the form of capital. With the moderate ad- vantage afforded under the law o amended a movement toward reorganigation under | the natlonal act would take place {n banks now doing business under state laws | It is safe, I think, to estimate that within three years the total capital of the national banks would increase from the present Amount of $563,000,000 to $1,000,000,00. With the right to fssue circulating notes to par of thelr capital there would be the possi bility of increasing the paper money sup 1y, ‘as population increased, by the differ. nce In amount between present Supply reenbacks and bank notes both Included) of, say, $706,000.000 and_ $1.000.000,000, or Found amount, $00,00,000. When the b ing capital reached $1,000,000,00 there would tied up in the treasury $30.000,00 in nds and $200,000,00 In greenbacks, ‘as se- curity for an equal amount of bank notes 1nsied the law ne: Two Heneficial Results Two_ beneficlal results wouid _follow Some $60,000.000 in United States bonds now imprisoned as security would be gradually reloased for sale in the general market to the advantage of the private fuvestor. The impounding of the greenbacks as security | for the bank notes would relieve the gov- ernment from all the burden now incident to thelr redemption, to the extent of $200,- 000, For the balance of $146,000000 i al tender notes which would then be 000,000 {0 gold now held mption fund would be 1f this were reduced to $146,000, 00 the greenbacks would hecome virtually what they ought 1 in reality—gold cer- tifica { In my opinion. the obligation of the gov- ernment to (he notes of insolvent bunks should he rescinded. Fidelity in the | discharge of fis daty as trustee should be end of {ts responsibility. While its absolute guaranty remains a feature of law, the broad question will again spd agaln recur, if the government is to take | the ultimate and final risk of banknotes, why should it not enjoy the immediate and continuous profit arising from the circula- tion of paper money issues? There iv & good answer to this plausible inquiry, but it is not obvious, and to make the answer clear would require a more extended treat- ment than this opportunity affords. Thus the problem of national finances would be greatly simplificd. Tt would. then, appear that the present ix the most propitious hour in all our history and as favorable a | one as we may hope for in the future, to | enter upon Judiclous measures to eliminate such elements of financial weakness as ex- perience has brought into view and to per- fect, If possible, our now fmperfect syatem of currency, Careful reforms are to be de- sired; revolutionary measures ara to be feared. In the direction toward hetter cot ditfons in banking and currency, the a tention of congress {8 earnestly invited tion ST. PAU Spectal.)~The members of the Loup Valley Press associa- | tion have prepared this program for their initial enteriainment at St. Paul Friday, December 6 Temporary organization Address of welcome, Peoter Ebbeson, St. ul Phonograph. Response, G. K Northwestern, ‘What Are We Hera For? late of the Ord Journ Paper, H. 0. Cooley, Discussion, E Times-Independent “Battlefield Experiences,” Private Clark Perking, St. Paul Republican. Discussion, Soldier R. L. Miller, Burwell Mascot Paper, W. Z. Todd, Burwell Tribune. Wisely, Sargent New Discussion, J. C. L. W. W. Haskell, Benschoter, Loup City H. M. Davis, ‘Arcadia. Champion Brown, Loup Eirn, “‘Something or Other,” ord Quiz Evening session: Questlon box conducted by J. L. ord Journal Permunent organization Claflin, Good Progress on New Roy ATKINSON, Neb., Dec. 4.—(Spectal.)— Work on the new raliroad is progressing rapldly, owing to the nice weather and large force at work. The camp has been moved from Stansberry's farm, seven miles from Perry, to near the Perry townsite, for a work on the npecessary bulldings CENTRAL CITY, Neb., Dec. 4.—(Special.) —FEdward Smith, a young farmer, residing southwest of the city, lost an arm ip & corn shredder. r r Goldsmiths, n. I3 Y o Our collection of t mens merit a careful Crest work, upon accordance with the sei a4 s, x o ot o Spafilding & Co. Silversmiths and Jewelers Christmas Silver The highest adaptation of silversmithing is portrayed in the recent exquisite exam- ples in ‘the “Martele” and “Athenic.” hese beautiful speci- inspection. stationery, doae in entiflc rules of heraldry, Qur Suggestion Book mailed free, Spaulding & Co. Jackson Blvd. cor. State St. Chicago where a force of carpenters has been at | go at be. THOUSANOS HAVE: KIDNEY TROUBLE AND DON T KNOW (T To Prove What Swamp-Root, the l‘mit Kidney len;d?m De for YOU, Every Reader of “The Bee” May Have a Sample Bot. tle Sent Free by Mall. Weak and unhealthy kidneys are mpflnllblu for more stekness and suffering than any other disease, therefore, when through neglest or othercauses, kidney trouble is permitted to continue, fatal results are sure to follow. Your other organs may need attention—but your kidneys moss, be cause they do most and need attention first. If you ur: sick or *‘feel badly,” begin tuking Dr. Kilmer's Swamp- Root. the great kidney, liver and bladder remedy, because as soen as your kidneys are well they will help all the other organs to health. A trial will convince anyone. The mild and immediate effect of Dr.|digestion, when obliged to pass weur water Kilmer's Swamp-Root, the great kidsey and frequestly night . smarting or bladder remedy, is soon realised. It stands Titation in passing, brick dust or sediment the bighest for its woanderful cures of the 0 the urine, headache, baskac most distressing cases. Swamp-Root will back, dizsiness, sleeplessness. mervousness. t your whole myatem right, and the best heart disturbance due to bad kidney trou- proot of this s a trial l'l'm -llnh «runfl‘onl fdl;o';lnhld blood, meu- g N ralgls, rheumatism, diabetes, bloating, ir- DEAR gig "t 117th 8t New Tork €Y' ritability, woraout fesling, lack of ambi. “T had been suffering severely from kid. tion, loss of flesh, sallow complexion, « U0 former strenkth ahd power nad jeft mma. | DTihte disease, | T eoutd hardly ',"_‘ myaslt along. Bven 1 Your water when allowed to remain my mental capacity was giving out, and undisturbed in a glass or bottle for twen- oftes ty-four hours, forms a sediment er set tings 28C STOUKINGS AT In Bargain Room 110t of ladies’, men's and children's hoss, worth up to 3bc, on sale at 13%e. BOYS' 50C FLECCED UNDERWEAR A nc, 5 cases boys' heavy fleece lined shirts and drawers, in all sizes, worth G0c, on sale at Zbe. Men's and boys' beavy Jersey overshiris in all sizes, at 390 Men's 50c suspendesr on sale at 15c. Children’s union sults in all sizes, masa to sell for 30c, at 19¢. 1 lot men's colored laundered shirts, #lightly solled, worth up to $1.00, on sals at 20c Tobacco Department Star plug chewlng tobacco....... Horseshoe plug chewing tohacco Navy plug chewing tobaeco.... Battle Axe Newaboy tobaceo ........... Bull Durham smoking tobacco . Duke's Mixture veiatananen Meerschaum smoking tobacco ... Uncle Tom smoking tobaceo,. WAISTINGS. 014 Style smoking tobacco. Strietly all wool French flannels, 30 inches | Mail Pouch, per pke.. HAYDEN BROS. Don’t Walk Your Legs Off Looking fer A SITUATION A ROOM A HOUS A SERVANT A 25¢c Want Ad in The Bee will do the work. paper, but would not have pald a immediate attention any harmful drugs. 1 am se vears & | Doctors recommend it to thelr patients and mp-Root for four different kidnay dis You mar have a sample bottle of this | for sale the world over at drugwists Ir EDITORIAL NOTICE —If you have the slightest symptoms of kidney or blad- In writing, be sure to say that you read this generous offer in The Morning Bee. TURERS SOLD TO IN THIS ROOM. at $1.50 yard. What is left will be closed | shades, worth 7he, at 4be. We hava an extra heavy fine black camel | 2% TrROTS 1 A made to sell for 76c, go at 26c. arranted perfect and full size, all on salt Remnants for school dress at 100, 16e, 19¢ veats and pants at 25e, at be. 12 1-30. 16c outing fannel, light colors, at Se. $10.00 dress patterns will go at $3.08. n 1 wished to dle. It was t saw an advertinement of yours in a New York i dL y GF (CURS e tention to it had It not promised a sworn idence that your kidnays and bladder meed guarantes with every bottle ‘of your med: . masertin Yyous vamp-Roo i& Duirely vegetable and doss not contain | SWAmpP-Root is the great discovery of Y har . i am e v Dr. Kilmer, the aminent kidney sad bladder and fouf months old, and with a good con- | specialist. Hospitals use it with wemder clence 1 can recommend § Root t o ATTBuftarers " from - kidsiey - troubes. Tour | Ul ucoess in both light and severs oeser members of my tamily have been usi use it in their own families, because thev 1th the d resuits.’ . Very truly yours most successful remedy ROBERT BERNBR. | Swamp-Root is plessant to take and ir famous kidney remedy, Swamp-Root, sent |bottles of two sizes and two prices—-Afty free by mail, postpaid, by which you may | cents and one dollar. Remember the name. test its virtues for such disorders as kid- | Swamp-Root, and the address, Binghamton, ney, bladder and urfo mcld diseases, poor N. Y. der trouble, or it there i a trace of it in your family history, send at once to Dr Kilmer & Co., Binghamton, N. Y., who will gladly sead you hy mail, immediately, with out cost to you, a sample bottle of Swamp-Koot and a book containing many of ¢ thousands upom thousands of testimonfal letters recelved from men and women oure Every dollar's worth of goods In the Bargain Room must be closed out by Saturday evening. THESE PRICES WJLL DO IT. (NO PEDDLERS, DEALERS OR MANUFAC. DRESS GOODS. { wide, 60 shades, at 25c. $1.50 nice dark cloth plaids, strictly all| Striotly all wool, fine atriped wa wool, 46 and 50 inches wide—we sold them | rogular 76c value, will go at 39c. in the high grade dress goods department| High-grade prunellas, in all the sventns out on Thursday at 48c a yard. MEN'S 50C UNDERWEAR AT 25C. We have a fine blak verge, 52 inches wide, strictly all wnol, regular price $1.00( In ByrgpiniRootn: N v Thiredag, o, 10 cases men's heavy flaece lined and drawers in all sizes, mado to sel' a hair cheviot you can’t match anywhers in s Omaha for less than $1.25 yard, Thursday,| MEN'S $1.00 HEAVY JERSEY OVER- at 4fc SHIRTS AT 49C. 50 pleces of Scotch tweeds, 30-in, wide, [ 200 dozen men's extra heavy Jersey over shirts In black, blue and gray--every shir 500 dres patterns and skirt patterns brought in from the high grade stock, worth | at 49c. up to $5.00 a yard—all will be closed at| Men's wool fleace lined shirts and drawsrs $1.98, $2.98 and $3.98. made to sell at 75c, at 3%, Ladies' 50c and 76c wool and fleecs lined and 260 yard. FLANNELETTES AND OUTING FLAN-| Boys' 75c sweaters in all aizes at 30 NELS AT 5C AND 7 1-2C. en's $1.25 sweaters, wool, on sale at 630 16c outing flannels in nice, bright colors,| Man's gloves and mittens at 19, 2e and e, 26 fine immitation French flannels, 30 (n. wide, finest prints ever seen, at Thc 10c Shaker flannel at Thc. 160 Shaker flanuel at Tiac. 18¢ outing flannel, light colors, yard wide, fne quality, at Tic. $10 AND 8§16 DRESS PATTERNS $2.98, $10.00 skirt patterns will go at $2.98. $16.00 dress patterns will go at $3.98. ININGS, Yard-wide waist linings, yard-wide per- calines, otc., worth up to 1éc yard, all will PRINTS 2 1-2C, 50,000 yards of full standard prints, in rempants from 2 to 10 yards, worth up te i, at 2%e. ROYS' CLOTHING, 50c and Téc pants at 25c. $2.50 reefers at fbe. Boya' $3.50 reefers at $1.50. Roys' $5.00 reefers at $1.05. BLANKETS AND COMFORTERS, Blankets, 49¢, T6c, 98¢ up to $4.25. Comtorters, 59¢, T6c, 98¢ up to $2.60. SILKS AND SATEENS. 13%ec plain black sateen at Ge. 25¢ Bimpson's printed sateens at 7ije. Boys' Boyf'