The San Francisco Call. Newspaper, February 15, 1899, Page 6

THE SAN FRANCISCO CALL, WEDNESDAY, FEBRUARY 15, 1899. WEDNESDAY. FEBRUARY 13, 1809 JOHN D. SPRECKELS, Propretor. iy oo, ST, Address Al Communications to W. S. LEAKE, Manager. PUBLICATION OFFICE...... Market and Third Sts., S. F. Telephone \ain 1868. EDITORIAL ROOMS.. 217 to 221 Stevenson Street Telephone Main 1574 DELIVERED BY CARRIERS, 15 CENTS PER WEEK. Birgle Coples. 5 cents Terms by Mall, Including Postage: DAILY CALL (including Sunday Call), one yes DAILY CALL (including Sunday <Call), 6 months. DAILY CALL (including Sunday Call), 3 months. DAILY CALL—By Single Month. 65¢ | SUNDAY CALL. one year 150 | WEEKLY - CALL, one yea . 1,00 All poetmasters are authorized to receive subscriptions. Eample coples will be forwarded when requested. OCAKLAND OFFIKCE.... veeees...-908 Broadway ..... ..Room 188, World Bullding ing Representative. WASHINGTON (D. C.) OF B .Riggs Houee C. C. CARLTON, Correspondent. CHICAGO OFFICE................:...... Marquette Building C.GEORGE KROGNESS, Advertising Representative. NEW YORK OFFICE DAVID ALLEN, Advert! BRANCH OFFICES—527 Montgomery street, corner Clay, open until 9:30 o'clock. 387 Hayes street, open .until 9:30 o'clock. 621 McAllister streat. open until 9:30. o'clock. 615 Larkin street. open: until 9:3G o'clock: 1941 Mission street, opan until 10 o'clock. 29291 Market street, corner Sixteenth, open until 9 o'clock. 2518 Mission street, open until 9 o'clock. 106 Eleventh | street, open until -9 o'clock. 1505 Polk street, open | untll 9:30 o'clock. NW. corner Twenty-second ana Kentucky streets, open untll 9 o'¢clock. Hamlet.”* 3lack Pattl Troubadours.” < A Gold Mine."” Madeleine, or the Magic. Kiss.” Vaudeville ] n—Six-day Cycle Race to-night. *lanka, the ‘"Lady of Lions.* ason and Eilis streets, Speclalties. AN EXTRA SESSION NEEDED. HEN the House of Representatives broke all \V’ records by the amount of work it accomplished | last December before adjourning for the holi- | { here was a widespread belief that the same de- | energy would be’ continued throughout the nd that when Congress adjourned it would | have so effectually deait with all measures ~of ~press- w: that an extra session of:the incom- | 1d‘be unnécessary. | ared by The Call, and in opinion to-the contrary, it yrtanc ress wo 1. We directed attention to the ate had broken no.record in the way | the action of the House had | at-of sending to. the Senate | than usual one or two -appropriation | i.had not re advanced' legislation “to. ani correct is now evident to all. | eports from Washington are to the effect that | sress is 0 far behind in its work it will hardly’ ine bills before the time comes | is now very little hope of the anal bill; the shipping bill; | orm bill; the army reorganization bill, awaiian bill, or even the navy personnel bill. : | hat being so it is clear there ought to be an.extra | n of Congress. In fact, it i$ one of the defects | 1 of government that a Congress clectcdi of-one year should not assemble to carry | f the people until the: December: of the'!| le to pass the ro agua cessi of our sy in Nove cut the’ wiil r following. " Last fall the people elected a Con- ‘ gress of sound-money ‘men, and chose legislators in | S where Senatorial contests were pending who t sound-money Senators. Thus they as- y administration the support of | that can be counted on to carry out its | d yet under our precedents that Congress | ble and get down to business for nearly ‘ , the present Congress ex- before it has time to deal | as those enumerated, an extra | tion of t wit meas session will be erative. -~ Many of the issues at | stake are too pressing to be kept waiting. The Presi- | ent served the try well by promptly calling this | Congress in ex session to revise the tariff and pro- | tect the industries of the country, and he will serve it | i well again by calling the incoming Congress together | with equal promptness to enact other measures not i less important than the tariff. NOT HAPPY. IN JAIL. | i : | WO of the cleverest rogues ever operating in vicinity were lately convicted and sen- nced to San Quentin for fifteen months. One | 2s a professional swindler and ex-convict named | and the other a woman who had several names, | but for general use preferred that of Allison. These | two unworthies conducted a marriage bureau, the »man being the bait and the man adroitly propelling ected victims in the direction of the trap. Bain's strong point seems to be his nerve. He has written a letter begging pardon for his partner, basing it on the remarkable ground that jail life is not to her liking, that the surroundings are such as she has not been accustomed to, and that she lacks adaptability to the new conditions. In other words, she would rather prowl about seeking whose sub- stance she might devour, finding here a sealskin coat, there a basket of champagne, and over yonder a lot of jewelry, in each instance accompanied by a sucker to foot the bills. Perhaps there is no necessity for stating that the proper receptacle for this document is a waste- basket. The pair got off lightly as it was, and whether or not they enjoy incarceration is a matter absolutely of no consequence. If every criminal, after sniffing the atmosphere of jail, were to have the privilege of declining to breathe it, there would be comparatively little use for jails. The pair under con- sideration are no better than other criminals—indeed they are far worse than the majority. In Colorado Springs recently the mercury fell 35 degrees in half an hour. The Coloradans could well have exclaimed. “What a fall was there, my country- | men,” only they were too busy keeping from freezing to think about it. Joseph Cordes need not expect any sympathy for having been sent to jail, his offense being the hug- ging of a girl who objected. There are enough girls who do not object. Pacific liners are getting so big that one might reasonably think the builders intended to place a few of them end to end and bridge the briny. There is no case on record in which civility to a reporter costs anything, and often it has been a good investment. OUR TRADE AND OUR EXPOSITION. ORD BERESFORD has expressed -in 2 L striking phrase the mutual relations of the United States and the Pacific Ocean... It is “America’s ocean,” he said. The statement has the: double merit of beirg at once a -definition and’ -a | prophecy. It states a gecgraphical fact. of the present and intimates the coming of a time when ex- panding commerce shall make that fact the most pctent of the great world of trade. Since it is to be our ocean, the scene. of our lar- gest commercial activities, it behooves us to begin the vast enterprise of exploiting it. “An important step in that direction will be the opening of the Pacific Ocean Exposition, which is now.under con- sideration. By an exhibition carried out on the scale proposed we shall attract to our city the attention of the commercial world and hasten the coming of the time when San Francisco' will - be the: recognized metropolis of the Pacific, and the sails of our ships whiten the whole vast expanse of waters from China to Australasia. In speaking of the proposed enterprise Lord Jeresford said: “Such an exposition would: certainly be a grand thing for San Francisco. Everything of that kind does great good, because it brings large bodies of the best kind of people together, attracts world-wide attention to the place where the exposi- tion is being held, creates argument and discussion along desirable lines, and is of a highly. educational vaiue from a commercial standpoint.” Of course in all this our distinguished visitor has told us nothing new. His words have a value, how- ever, because they are the utterances of a sagacious, earnest man, who has been for some time almost wholly occapied in studying the trade conditicns of the Pacific and considering how they can be best .nade to serve the interests of peace, commerce and ivi They are, therefore, most opportune at this time, since they serve to remind us how much we have at stake in the Pacific and how we can profit by the advantage our situation gives. The amount of money required to carry out an ex- position on a scale of sufficient magnitade to provide comprehensive display of the trade possibilitics of j the Pacific will be large as a matter of course, but it will be slight in comparison with the vast benefits that are sure to flow from it. An exposition is, in fact, almost an imperative necessity of the time.” We are soon:to have a law providing for the upbuilding of our. American mer- chant marine, and with that will come a rapid ex- pansion of our shipping. At the same time the de- velopment of the Oriental trade will proceed rapidly. Many American cities will contest for that com- merce. If San Francisco is to hold her place as the metropolis of that trade she must act with the energy of a metropolis ‘and make her advantages known. That can be better accomplished by an exposition than in any other way. The Pacific Ocean is ours, as Lord Beresford says, but unless. we cultivate it with enterprise we shall :not profit much by ‘the owner- ship: CALIFORNIA AS AN COLONY. IMPERIAL T is startling for American citizens, in: thirty-two I States of this Union, to. be informed that they are only living under the constitution through the grace and favor of Congress. But that in substance is exactly what they have been told by Professor Jud- son of the Chicago University in an elaborate argu- ment, stolen by some of the expansion papers, to which The Call has already alluded. " He distinctly argues that the term ‘“‘United States. of America,” from the establishment of the Governnient; has meant only the States that are admitted and ‘united, and that, except as to certain personal rights; it does not include and never has included territorial acquisitions. In plain words, he asserts that the interpretation of the constitution is “progressive and: flexible,” and that the uniform development into States of territory heretofore - acquired resulted merely -from- “policy” and not from ‘“‘constitutional necessity.” It follows, and indeed is admitted by Professor Judson, that the thirteen original States formed the Union, and that every foot of territory beyond their limits, without any violation of the constitution, might have been governed by Congress as imperial colonies or in-any form it might have chosen to adopt. The niceties of constitutional interpretation are be- yond the range of discussion in the daily press. But there are a few broad views of the constitution that are as intelligible to the average reader as to the ablest lawy We have repeatedly said that there has been literally no argument in favor of the reten- tion of the Philippines that merits serious considera- tion. Whenever such an argument is attempted it carries on its face the evidence that it is the ebul- lition of a crank or the sophistry of a paid advocate. A very striking illustration of this fact is supplied by the paper of Professor Judson, above mentioned. In respect to all territory he holds that, while allegiance from its inhabitants may be exacted and enforced, citizenship is a privilege that may or may rot be con- ferred. This is a startling doctrine to be proclaimed in the teeth of the leading constitutional writers and statesmen of the country, of the terms cf the ces- sion of the’ Northwestern Territory, of treaties with Spain, with France and with Mexico, and of the uni- form practice of the Government. To the average American citizen, educated in the common schools and accustomed to Washington’s Farewell Address, t od to the Declaration of Independgnce, to the celebra- | tion of our national anniversary and to centennial revivifications of the spirits of our revolutionary ancestors, it is profoundly dangerous to be informed that allegiance and citizenship are not correlative, and that the right of representation was practically lim- ited to the original thirteen States. For, we repeat, that if the assertions of Professor Judson and the entire group of expansionists and imperialists are true, thirty-two out of the forty-five States, without any violation of the constitution but in strict accord- ance with its terms, might now have been enjoying the inestimable advantages of imperialism under ‘the supervision of Congress. If the views of the expan- sionists in relation to the Philippines are now cor- rect, they were equally correct when the North- western Territory, when Florida and Louisiana, when the entire body of territory from the Eastern border to the Pacific Ocean, was acquired, and if California lias become a member of an indissoluble Union it cbtained that position not under the constitution, but through the deference and courtesy of Congress in 1850. # If the thirteen colonies, when they declared free- dom, equality before the law and the right of self- taxation to be inalienable, were. self-deluded, and Great Britain was then only exercising the identical authority that-Congress has since uniformly pos- sessed, the signers of the Declaration of Indepen- dence perpetrated a fraud upon mankind, our Revolu- tionary War was a bloody and protracted sham, our constitution was a temporary political device, and our Union was and is a rope of sand. On these as- sumptions, and on them only, Professor Judson and the half-fledged brood of expansionists are right. We “hink, however, that the American people still be- ‘been relegated to lieve in the natural development and spread of Ameri- can institutions under the constitution, and that Washington, Jefferson, Adams, Hancock and the en- tire fraternity of American statesmen have not yet the ranks of enthusiasts or im- postors. - i 5 L% LORD BERESFORD. HIS English’ gentleman, Admiral, and Anglo= Saxon cousin of ours, has been fitly welcomed in San Francisco, and has talked of his errand to Asia and America. The officers of the British navy are also diplomats in their ability to disclose meaning between the lines, and this genial sailor is no tyro in the art. His mission appeals strongly to our commercial in- stinct and is conveyed in terms that flatter our local pride. vas—the trade of - Asia, that made Wisby, Venice, Genoa and London, in turn, now to be the greatest commierce in the world, and - San Francisco ' -and Hongkong to be made by it the greatest seaports in the world, provided we join England, Germany and Japan to oppose “Adam-Zad, the bear that walks like a man.” France is in- Tonquin, Russia:is in Manchuria. Japan is conquesting Formosa, which was part of her indemnity from China, and'Adam Zad is ranging over the Korean Peninsula. The Franco-Russian alliance puts- the two nations on either side of Hongkong, which is ‘English territory, - Germany is at Kiaochau. All the allies are present, and we are seeking to found Christian civilization in the Philippines for commer- cial purposes. We ‘never interfered in the balance of power in Europe. ' We tipped it neither up nor doewn. - But suddenly it is developed that the contest for a balance is transferred to Asia, and we are asked to jump into the scale with England, Germany and Japan. B Now, each of these nations has conquests there, or possessions acquired when their rightful owners were busy about something else. - If Russia: and ‘France force a partition of China, the trans-Siberian railway will have a terminus on Russian territory on Lao Tong or Pechili, and France will lie “across the rcute of the British railway over Burmah to Hong- kong. The Mediterranean -is .an - English lake, grarded by Gibraltar, Malta and her posts that can wigwag each other all the way across to her canal that cuts Suez, and then from Aden to the Hindostan peninsula land and water are hers clean to Mandalay. It is a laudable ambition to "connect hither and farther India by a railway: system: across China 'to Hongkong and thence by steamer to Victoria and rail across the Dominion, giving England an all rail and water routé around the plariet, and but little of-it out cf sight of her flag. We showed the world how to build railways over. deserts arid mountains, and were the first to connect the great oceans across the . continent. . In these grand schenies of Adam Zad and Great Britain - we ook on with the interest of a pioneer in great con- struction and daring engineering. But itis by no-means to be admitted that we have profit in the part of a makeweight in this contest over a European balance in ‘Asia, especially as our part in it requires of us to conquest and permanently . retain the Philippines. Admiral Beresford ‘has flattered us with the statistics of our trade in Asia, but when we compare our world trade and its increase with that of the nations which are burdened ‘with a colonial system and its attendant military and naval establishments, we are impressed that we have been constantly gaining, while the na- tions with colonies and conquests, including Adam Zad, have been as constantly- losing. - The lesson scems to be that nations do not carry on business and war successfully at the same time, 3 In his enthusiastic reception speech to our genial guest the vice-president of our Chamber of Commerce declared that the navy was the pioneer of commerce, which goes where the navy clears the way. That is a proper nautical sentiment to be uttered in.the pres- ence of a British Rear Admiral and American Com- modore and other grizzled tars, but a glance at our trade statistics shows = that our best. commerce in volume and profit—indeed 95 per cent of all our for- eign trade—is where our navy never fited a hostile shot or appeared except at the innocuous social func- tion, or cleared the way for anything except the next course at a complimentary dinner. Perhaps the reluctance of Spaniards to fight as allies of the Filipinos is due to more than one rea- son. In the first place they know fighting against the Americans to lack almost all the essential elements of the successful picnic, and anyhow they have had their fill of fighting for wages which never come. _— Just how Alger would keep soldiers in service for a longer time than the terms of their enlistment stipu- lated remains to be secen. Probably the statement ascribed to him might be termed a diplomatic bluff, except that it is lacking in diplomacy. At last the teachers have the pleasure of spending a little of the money the city has been owing them, but they must have the balance to the last penny. San Francisco does not approve of any scheme of robbery. —_— A stage robber recently pleaded insanity, but as the only ground for the plea was the implied belief that a jury could be befooled into accepting it, he would better have pleaded something else—for instance, guilty. Insinuations that Milton Green is playing sick are groundless and unfair. He was not well when he went to Sacramento, and his experience there would have shattered a more robust constitution. An evening paper announces that millions of bushels of coal oil are in danger. With all possible sympathy for the oil, it must be remarked that this is a new way of measuring it. \ The Filipinos who opposed with bows and arrows the advance of the American troops have gone back to their native hills convinced that Aguinaldo gave them a gold brick. With Senators Bettman and Leavitt on the com- mittee to which has been referred the subject of re- stricting horse-racing the so-called sport-is not in any particular danger. s Owing to the prevailing storm the Senate of the United States was recently opened without prayer. Nevertheless, it seemed to do no worse than usual. —_— Andree seems to have demonstrated that an Arctic enthusiast in a balloen is just as good.an in- surance risk as when he travels by boat. English fiapers state the hope that America’s colo- nial policy is not to be tinged with politics. It won’t be merely tinged; it will be all politics. It is cheering to note that the suffering poor in the frozen East are being cared for kindly as fast as they can be dug from the drifts and thawed. Eagan expresses a desire to enjoy complete seclu- sion, and no objection seems to be interposed It is a pleasant picture thrown upon the can- | BANK COMMISSION REFORM. : " PART IL Editor Call; ~Had the suggestions of | the first-Board of Bank.Commissioners in its report of January, 1880, to the Legislature been adopted the People’s Home ‘Savings Bank, Fresno Loan and Sayings Bank and Union -Savings Bank of San Jose would never have come into existence and hundreds of deluded and defrauded depositors would have been saved from ruin and misery. An important part of that report reads as follows: SHOULD SAVINGS BANKS DO A COM- MERCIAL BUSINESS? The experience of the past eighteen months has demonstrated to us the im- propriety of savings banks being permit- ted also to do a commercial business. In no quarter have we met so many em- barrassing questions as in matters con- nected with the savings banks which were 8o doing, The fireaem laws provide that savings banks having a paid up capital, of reserve and capital combined, of three hundred thousand dollars ($300,000) may make loans on personal security, buy and sell exchange, etc.; in other words, fulfill the furctions of a bank of discount (with the limitation created by the bank com- missioners’ act, requiring 50 per cent of their loans ‘to be thereafter on real es- tate). The first reports sent to us (in July, 1878) and-our -earlier examinations re- vealed to us the fact that many of the savings banks were ignorant of or indifer- ent to the restrictions placed by law upon their -actions. After enumerating six savings banks which had *come to grief” from doing this dual business the Commissioners continue: The Capital Savings Bank (Sacramen- t0), wmcgn went “into- liquidation a few days age (January 2), 1s another and the last instance of the utter incompatibility between . these - ‘two - radically . distinet classes of banking -and 1S the seventh example of the practical want of success of such unhealthy ‘“unions.” = When we first examined the last. named bank in November, 1878, we had to. ‘“write off” over two hundred thousand dollars (néar- ly its whole reserve fund) on account of losses which, we believe, were principally incurred in its commercial business. Does not this record of elfhteen months prove that the functions of & savings and of a commercial bank are so distinct and un- congenial that they ought never to be united in_one corporation? The matter is so self-evident that it seems almost superfluous to discuss it, but we shall add ourselyes and quote some- additional rea- sons in support of our view. No one can dispute the fact that the qualifications required to make a successful savings bank manager are entirely different from those which should belong to the manager of a commercial bank and are seldom, if ever; united in one person. AmOng writ- ers on banks and banking laws the opin- jon is almost uniform that savings banks and banks of discount should not even be atlowed to locate in the same building, when they are both managed by the same amc‘ers. 2 . . ... . For the foregoing reasons we have no hesitation in recommending that no sav- ings bank not now engaged in the prac- tice of 8o doing should be allowed here- after to make loans on personal security or to transact any business which is properly the province of a bank of dis- count, ‘and that those: institutions which are so doing, in accordance with the laws at present in force, should be required, on or getom the 1st of January, 1882, to elect which ‘business they will pursue, and to aiscontinue the other. In their report of the following year (1881) the Commissioners repeat this and other suggestions to the Legis- lature in these words: Repeal the law allowing savings banks with a paid up capital; or paid up capital and reserve combined, of $300,000, to make loans without “adequite Security on real or personal property.” (The object of this i8 10 prevent any savings bank hereafter organized, or which is not at present so doing, making loans on personal security, which is properly the province of com- mercial banks.) Require all banks hereafter to have an appraisement in = writing, signed by at least one competent person, of each piece of real estate mortgaged to them, and said valuation to be kept on file. Prohibit any diminutton or division of the reserve fund of any savings bank (ex- cept-to offset losses or depreciation in the value of assets), until the paid up capital and reserve together or the reserve fund alone, if the bank is on the mutual plan, shall exceed 10 per cent of the liability to depositors, and then only to the extent of such excess. These suggestions fell upon deaf ears. The dominant party just then was too busy trying to legislate the Commis- sioners. out of office (the effort failing by only one vote in the Assembly) and was more interested in providing places for three of the new Governor's politi- cal friends than safeguards for hun- dreds of bank depositors! It is this sort of thing which has impaired the value of the Bank Commission from the beginning. The first amendment to the bank commission act was made after it had been in operation nine years and then began the decadence of the commission. By this amendment the salary of the Commissioners was raised from. $3000 to $3600 per year each, which was proper enough if a little “joker” had not been inserted which reads: “No person while holding any other office or engaged in business of any kind re- quiring his personal attention between the hours of 9 a. m. and 4 p. m. shall serve as Bank Commissioner.” To be eligible for this office since then one must be a failure or a do-nothing. These qualifications (?) seem to have been mostly confined to residents of country towns, as San Francisco hasn't furnished a member of the board for some years. If executive ability instead of executive friendship had been the test of its members the commission would have done better service. The Bank Commission has at present the supervision of 233 active banking institutions and twenty banks in liqui- dation, with some $300,000,000 of re- sources, Three men cannot examine all these banks thoroughly once a year in ad- dition to supervising the affairs of twenty liquidating banks. My plan for better work at small additional expense is to add two members to the present board, reducing the salaries of the Commissioners to $3000 per year each (as originally). TLet the secretary’s salary remain’ at $2400 per year, but limit the total amount of traveling ex- penses, affice rent, stationery, printing, ete.,, to $4400 per annum as at present, this to include the printing of the an- nual reports heretofore done by the | State printing office’ at enormous ex-, pense to the State. I learn from official sources that the Bank Commissioners’ report for '95 cost $3186 45, and that for '96, $2422 90. The former (800 volumes) cost $3 98 and the latter (1000) $2 42 per volume. The total yearly expenses of the com- mission since 1895 have been $17,600, di- vided as follows: Three Commissioners at $3600. Secretary ... Traveling fund Rent, stationery, e ete.. Total ....... ceeaeennse.. 817,600 If my suggestions are adopted the an- nual expenses Wwill be $21,800, divided as follows: Five Commissioners at $3000. -$15,000 Secretary .... . 2,400 Traveling fund . 2,000 Rent, stationery, printing, etc...... 2,400 Total ....... ersaneniesen... . 521800 The saving to the State on the print- ing of reports, etc., is about $3000 per year, and the additional expense to the banks ($4200) will not be felt when ilevled on their resources instead of their deposits. The assessment for the current year (July, '98-99) was 815 cents on each $1000 of deposits. Under the new system (with two additional Com- missioners, etc.) it will be less than § | cents on each $1000 of resources. | __Many of the best mortgages of the | Union Savings Bank of San Jose seem ' to have been hypothecated to other Ibanks. which made it easier to deceive the Bank Commissioners as to the true condition of the bahk. Banks know when other banks are “shaky’” long before the public and are rarely sufferers when the final crash comes. To prevent banks having this big advantage over other creditors and to assist the Bamk Commissioners in discovering what is generally the first symptom of a bank's weakness—the hypothecation of its securities—the fol- lowing amendment concerning savings banks is suggested: “No assignment made by any savings bank to any other corporation or per- son of any mortgage or deed of trust of real estate held by it shall be valid unless the same is recorded in the of- fiee of the County Recorder of the county in which the mortgaged prop- erty is situated and a certified copy of such assignment as recorded filed in the office of said Bank Commissioners.” And I am, while not positive, much inclined to the opinion that a restric- tion something like this should be added to the above: “Notice of the hypothe- cation or assignment of any of its se- curities by ary banking corporation or- ganized under the laws of this State to another corporation or person shall be filed with the Bank Commissioners within twenty-four hours thereafter.” The following is a recapitulation of the amendments suggested herein, to be added to or inserted in the following sections: Sec. 1. On or before the first day. of July, A. D. eighten hundred and ninety-nine, the Governor shall appoint two additional persons as_Bank Commissioners, making the ‘entire Board of Bank Commissioners | five, whose dutfes and powers shall be as_prescribed in :this act. Sec. 8. No assignment made by any sav- ings bank . to any .othér corporation or person-of any mortgage or deed of trust of real estate held by it shall be valid unless. the same is recorded in the office of the County Recorder of the county in which the mortgaged. property is situated, and a certified copy of Such assignment as recorded filed In the office of said Bank Commissioners. Sec. 12 (to read as follows) Each of the five Bank Commissioners shall receive a salary of three thousand dollars per an- num, and necessary traveling expenses, not to exceed, for the five Commissioners, the sum of two thousand dollars per an- num, to be audited by the State Controller and paid by the State Treasurer in the same manner as the salaries and expenses of other State officers. Sec. 14 (to read as follows) The Bank Commissioners shall have power to ap- point a secretary at a salary of two hun- dred dollars per month. The said Com- missioners shall keep their office open for business from nine o’'clock a. m. until four o'clock p. m. every day, except non- udicial days. All expenditures author- gzed in this section shall be audited and paid in the same manner as the salary of the Commissioners. They shall receive for office rent, stationery, printing and all other. expenditures necessary for the transaction of their duties a sum not to exceed in the aggregate $2400 per annum, which sum shmll1 include the cost of penti- ing their annual reports. Sec. 16, To pay the salaries and all other necessary expenses of the Commissioners, as provided for by this act, every corpo- ration receiving a license shall pay annu- | ally, in advance, to the Commissioners, in gold coin, its share of the amount re- quired to pay such salaries and expenses; the share to be_ paid by any corporation to be determined by the proportion which its total resources bear to the aggregate resources of all such corporations receiv- ing license, as shown by the latest reports of such t'nrporaflor;s"m the Commission- . Yours respectfully, Bl PCEVAN J. COLEMAN. San Francisco, February 11, 1803. AROUND THE CORRIDORS. W. W. Black, a Hollister rancher and store-keeper, is at the Grand. Francis Dowd, a Monterey merchant, is one of the arrivals at the Lick. J. 8. Cotton, a mining man from Placer- ville, is registered at the Russ. A. B. Jackson of Salinas and Frank C. Blaisdell of Chicago are at the California. J. M. Farnan, who owns extensive or- ange groves in Oroville, is at the Russ with his mother. John A. McIntire, a Sacramento mining man, is one of the arrivals at the Grand. James Touhey, the well-known stock- raiser of Sacramento, is located at the Grand. i . 'S. Merchant, a Sonoma businessy man, is registered at the California with his son. J. Nestor Ortiz, a prominent citizen of Ortiz, Colo., is at the Occidental accom- panied by his wife. H. H. Pritcher, a Livermore banker, who came here to attend the Mardi Gras ball, is at the Palace. Dr. F. Ziegfeld, president of the Chi- cago Musical College, is at the Palace with his wife and daughter. J. A. Sayward of Victoria, B. C., is reg- istered at the Occidental, and is accom- panied by his wife and child. George W. Bentley and wife of Boston and John Wolfskill, the Los Angeles cap- italist, are guests at the Grand. R. A. Boggiss, owner of the Abbott quicksilver mine at Sulphur Creek, will be at the Occidental for a few days. Arthur D. Fenwick and wife of Fort Steele, B. C., have taken apartments at the California, and will shortly make & | tour of the State. General Manager A. L. Mohler of the Oregon Railway and Navigation (‘f\m- pany arrived from Portland last night and is now at the Palace. N. P. Boss of Mexico City and his daughter, Miss Helen W. Boss, who have been making a:protracted European trip, have engaged apartments at the Palace. General Western Passenger Agent W | B. Jerome and Pacific Coast Agent C. C. Crane, of the New York Central lines, re- turned from the Sound yvesterday and will | g0 to Southern California this evening. | George B. Robbins, manager of Ar- | mour’s raflroad lines, is registered at the Palace from Chicago. He is interested ! in the Fruit-growers’ Express, and will | go south to make contracts for the haul- ing of oranges to Eastern points. W. A. Rodgers, a mining man of Ame- | lia, Kern County; W. L. Spaulding, a Truckee lumber merchant; M. J. Burke, a business man of Salinas, and Thomas J. Kirk of Sacramento, State Superin- tendent of Public Instruction, are all reg- istered at the Lick. —_——————— | CALIFORNIANS IN NEW YORK. NEW YORK, Feb. 14—F. J. Carolan and wife of San Francisco are at the Holland; Reginald White of San Fran: clsco is at the Hoffman. B Cal. glace fruit 5éc per Ib at Townsends.® —_———————— Special information supplied dally to business houses and public men by the | Press Clipping Bureau (Allen’s), 510 Mont- gomery street. Telephone Main 1042 * Demartini’s Nemesis. Gladys Matheney, the Nemesis of Victor Demartini, the Italian interpreter, ap- peared in Judge Graham's court yester- day to answer a charge of vagrancy. Her attorney demanded a jury trial and the case was set for Friday, February . She has been carrying a bottle of Yitriol to throw in Demartini’s face. —_—e——— “Mrs. Winslow’s Soothing Syrup” Has been used for fifty years by millions of mothers for their children while Teething with perfect success. It soothes the child, softens the gums, allays Pain, cures Wind Colic, reg- ulates the Bowels and Is the best remedy for Diarrhoeas, whether arising from teething or other causes. For sale by Druggists in every part of the world. Be sure and ask for Mrs. Winslow's Soothing Syrup. 25c a bottle. HOTEL DEL CORONADO—Take advantage of the round-trip tickets. Now only $60 by steamship, including fifteen days’ board at hotel; longer stay, $3 per day. Apply at 4 New Montgomery street, San Francisco. — e——— SICK HEADACHE ABSOLUTELY AND permanently cured by using Moki Tea. A pleasant herb drink. Cures constipation and indigestion, makes you eat, sleep, work and happy. Satisfaction guaranteed or money back. At Owl Drug Co. [#0®0® 0909 040909 0®0H0P0P0P 0HO0P0®0® 0®0H)| Reduced to ALL THE NEWS Fashions and AT $1.00 And See What a [$0©0®0@0H0H 0 0 ®0P0OPOBOPOPO®OS0PP0S0P0S0H0H 0 0 H0S0S0L0S0P0P0L0L0S0P0P 00 H0SO0POLO0P0P0POPOPOPOP0® 0P 0 S 0POPOD0OHOY) 18 PAGES! Enlarged to 10 Pages! AN INNOVATION IN WESTERN JOURNALISM. THE GREAT WEEKLY CALL GIVES.... TOGETHER WITH Several Pages of Fiction, Stories of Every-Day Life, ALL PROFUSELY ILLUSTRATED 16 PAGES OF IT AT $1.00 A YEAR Only Two Cents a Week—You Can’t’ Afford to Miss It. lottery schemes nor side fakes at- tached to THE WEEKLY CALL. a straight business proposition. I8 PAGES A WEEK SEND FOR SAMPLE COPY . Can Get for Two Cents a Week! ®0¢| §1 a Year! OF THE WORLD other matters. There are no It’s A YEAR! 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