The San Francisco Call. Newspaper, December 10, 1899, Page 6

THE SAN FRANCISCO CALL, SUNDAY, DECEMBER 10. 1899, SUNDAY .DECEMBER 1 JOHN D. SPRECKELS, Proprietor. dress A1l Communications to W. S. LEAKE, Manager PUBLICATION OFFICE. Telephone ket and Third, S. F. 1868, EDITORT ...... 217 to 221 Stevenson St. Telepbone Main 1874, Deltvered by Cents Per Weelk. ieluding Sunday), one ye .8$6.00 clading Sunday), 6 months.. 3.00 DAILY CALL (ncluding Sunday), 3 months.. 1.50 DAILY CALL—By Sinzle Month.. SUADAY CALL One Year.. W ing, Chicago. YORK CORRESPONDENT: vesssss.Herald Sqguare NEW YORK R URENS JR.. HRESENTATIVE: ...29 Trib Bullding PERRY CHICAGO NEWS STANDS Sherman House: P. 0. News Co. reat North- ern Hotel; Fremout House: Auditorium Hotel. AEW YORK NEWS STANDS Walderf-Astorin Hote Square; Murray Hill Hotel. 31 Unton WASHINGTON (D. €.) OFFICE. . Wellington Hotel J. F. ENGLISH, Correspondent. BRANCH OFFI T Montgomery street, cor- 9130 o'clock. street, open until street, open until 9 open mntil 1 . cormer Sixteel Valencin wstree clock. open until ® o'clock. 106 Eleventh street, open until 9 o'clock. AW. cormer Twenty-second and Kentucky streets, open until ® o'clock. Chart hureday af y Fund of the Assoclated rnoon, December 14, Majesty." sudeville every afterncom and orner Masos Park—8toe; Battle 4 Ellis streete—Spectalties. and Coney Island. Manila Bay, Market ma ¢ street, near seball to-day reing mrsing to-day. Turf Association—Races to-morrow AUCTION SALES. 3 ening, December 14, at 7:45 Howard street. C sesday, December Market street 3 ea & at 638 LOCAL CONSOLIDATION. rovement Clubs of Oakland campa y and 1o one city for consolidation meda, with certain and ve e n , Berkele; county or- he ressdents and taxpayers of these divided mu- r a duality of government r tax rate for their civic es- in § Francisco. For in- in Oakland for ten years past San [ If this it will be found that that dii- ents on the $100 of property At an average taxable 000,000 it is $150,000 a year, and the the ten ye sco $1 13. e extende aluation s covered by the statement would be a n « d a hali of doilars! That sum, if in hand now, w 1 give to Oakland, at once, the finest park system in Californ atside of San Francisco. In considering consolidation, however, there are | ices to be met. Even small communities local designation and dislike to g rechristened in the name st which they have naturally felt ) This long stood in the way of the bdation of Greater New York, and was finally of a spirit of riva 1 to be so insurmountable that all the municipal reto were permitted to retain their local being designated as “borough: It will be found worth while for the consolidationists of Oak- nd to examine the constitution and laws of Cali- for authority to do the same with the towns hat side of the b The city and county of Oak- uld then ude the boroughs of Oakland, Berkeley, Alameda, etc., and local pride and prejudice soothed. If no such authority exist now it d be well to prepare for consolidation by pro- ng an amendment to the constitution which will permit such borough organization. Surely, with such 1 by a stake as the waste or saving of a million and a half in taxes every decade, such an cffort is worth making, and we can conceive of no hiection on the part of the people of the State to the cation of such an amendment. The main work, er all, consists in the education of the people of the municipalities concerned, that they may be brought to see that their interests will be served hy such consolidation. Public interests, in sach a con- government, require that olidated all the parties into it in fair harmony and with a willing for without this there is furniched merely more to quarrel about and a larger field to fight ccomplished wisely it is easy to see that the cone ed and county would at once assume a position of very great importance. Under a singir economical and homogencous government it would attract business enterprice by its advantages therefor, and the matchless natural beauty of its location wounld receive more and more attention from the class which can afford to live in pleasant places ——— The enormity of the offense of Captain Whipple in playing in the Thanksgiving football game in the face of the opposition of the faculty can best be un- | derstood by comparison with the punishment meeted him. He has been suspended from the uniyersity until January 1. In other words, while other stu- walk through the deserted halls of Berkeley during the holiday vacation Whipple is de- nied that blessed privilege. Poor Whipple! That's what might be called condign punishment. v assured to the best gen- sraled and strongest army. It is more than likely to nerch on the banner of the commander that first reaches the telegraph office. dente may tory nowadays is not The unexpected always happens. General Gomez says the Cubans are ready to fight. o, 1899 ABOUT NATIONAL BANKS. T is a pleasure to reascnably discuss great issues l affecting the fireside interests of the people. Perhaps there is no subject more misunderstood, connected with finance and economics, than the rela- | tion of banks to business and to the people. This | misunderstanding especially affects national banks, which are regarded by many as the especial benefi- ciaries of Federal favor. The Willows Promoter, an excellent newspaper of influence in the Sacramento Valley, in commenting upon The Call's expeosition of the financial reiorm | legislation now before Congress, sa = By 1 street and the United States bondholders? For the bénefit of such of our readers as may not rs: whom are the measures ‘desirable’ outside of w - | know we will state briefly the provisions of the na- tional banking law as it will be after the proposed legislation: Any five persons holding an aggregate of $25,000 worth of T ted States bonds may incorporate a national bank. By depositing their bonds with the Comptroller of Currency the United States 5,000 in bank notes to the bankers. This is a free by the Government to the bondholders, who did for printing the paper money. real estate . iSsues not even have to g This money they can loan at interest, bu: or invest, as they please, for it is absolutel Thy | draw | lieu of them “The legislation ‘agreed upon’ will make a free giit of gbout $100,000,000 to Wall street for the $1,000,000,- 000 of Government bonds will get ‘up to par of the instead of but $900,000.000, as they do now. “Why not donate something to struggling business Why should the Government pile up cash in the money-lender’s hands that he may impose irden on the producer in the form of interest? 1l raise its voice on the side of the people and denounce the their ow s they draw interest on their bonds, and then another interest on the paper money issued in men direct? a by Even if the Promoter stands alone it outrageous scheme ‘agreed upon.”” Hoping that this means an open mind on the part | of the Promoter, and a desire to spread information, we invite its attention to the subject of organizing a bank with $25,000 in bonds deposited as security for its circulation. The stockholders of such a bank must first buy and ! deposit with the treasury $25.000 in registered bor the United States, will receive $23,000 in national bank bills, which con- of Under the proposed they stitute the loan fund upon which the bank goes into Thie registered bonds of the United States by to-day's quotations bear an average premium of 14 Therefore $28,500 for these $25,000 in bonds. business per cent the stockholders must pay y The average in- registered bonds is 3'2 per cent. The same annual tax of one-tenth of one per cent of the bank and an internal revenue There is also an internal revenue terest law puts 3 1 the « tax annually E tax on all drafts and bills of exchange issued by the bank. the sum of which depends, of course, upon the | volume of that line of business transacted. In addi- tion to this the Federal law permits the State taxation of the capital of national banks at the same rate as Let us say that in ate such local taxation averages $2 in the $t00, a trifle below the real average. We the returns to a bank of $25000 “Any five persons hold- ing an aggregate of $25000 worth of United States bonds may incorporate a national bank,” and their « other moneys and soivent credits. 1 his which is probabl ay now estimat capital in registered bonds, account will stand this wa Bonds, par value. Premium ........ Total investment & $28,500 They re e $25,000 in bills, the par value of their bonds, and proceed to loan it. The profit account and expense will stand: Annual interest on bills Annual interest on bonds income.. Annual ove th of 1 per cent Tax on Tax on internal revenue Local tax.....,.... Net profit.. This is the total net profit flowing from the Federal | law to the for their investment of $28,500 in registered bonds, or nine and eight-tenths per cent Jut, in addition to that, such bank must have an office, a president and a cashier, and the rent of the office and the salaries of the o out of the profits. $300 per year leaves “five persons” icers must also come Putting rent at the low rate of 2497 out of which to pay the salaries of the officers, fuel, stationery and other in- cidental expenses of the bank. So the Promoter will see that the five persons owning such a bank, which the law says can be established in places of 2000 in- habitants, will have to look elsewhere than to the Fed- eral “giit” for inducements to go into banking. We invite the attention of our critic to this statement and desire a frank reply whether there is anything in it to excite the cupidity of Wall street or to deserve the “denunciation” with which the Promoter threatens to discuss it? The object in organizing such banks is to put sur- plus capital within ready reach of small rural com- munities. Around Willows, perhaps, there are many ranchers who, like all business men, have to make use of their credit between seedtime and harvest or between pruning and picking time in their orchards and vineyards. If they are compelled to use this credit at the country store the average cost to them of such use of it is put at 25 per cent. If they can use it at a small bank at a cost of 10 per cent we fail te see where and how they have been injured. The Call has advocated this very change in the law, which | gives currency to banks to the par value of their registered bonds and reduces the minimum capital to $25.000, in the belief that it will benefit the farmer who must use his credit. If we are mistaken we will be glad to have our error pointed out. | — The War Department has been advised that there is no scarcity of hemp rope in this country. That may be very true, but the directors of the department [ will admit that the use of the article might judiciously be encouraged in certain localities. | 1 SENATOR CHANDLER'S LATEST. \ S ENATOR CHANDLER of New Hampshire is not known as a humorist. He is, however, so whimsical in his earnestness and has so many | cranks to his convictions it is not easy to stparat; him from the goodly hosts of those who in high | places play antics for the amusement of the crowd. | His latest ireak is one that has all the earmarks of a | merry jest, being a resolution providing that instruc- |tion in higher mathematics and foreign languages shall be eliminated from the curriculum at West I Point and Annapolis and in place thereof there shall be provided courses in bicycling, football, baseball and golf. The Senator’s bill bears the high-sounding title of “An act to increase the efficiency of the West Point Military Academy and the Annapolis Naval Academy and to qualify and stimulate the American youth for actual military service by suitable physical training { man doesn’t know he is dead. | profitably give a little time to an effort to discover [ will “will certainly be wise on the part of Congress instead of excessive mental education.” It provides .WHQ+OWWNWM«’WM.‘ for annual contests between the students at the two academies to be held at Boston, New York, Philadel- phia, Pittsburg, Cincinnati, Chicago, St. Louis, Rich- mond, Atlanta, New Orleans, Omaha and San Fran- cisco, at which suitable prizes shall be awarded. An appropriation sufficient to pay the prizes is provided for, but the railroads are required to carry free the cadets to the places of contests and aiso the rep- resentatives of such reputable newspapers as the Sec- retaries of War and Navy may designate. A bill of that kind is certainly worth debating. Of what avail is a knowledge of higher mathematics on the part of our officers in the present war in the Phil- ippines? A set of clever sprinters would be more effective against Aguinaldo than forty regiments of mathematicians, and since it seems probable our fu- ture soldiers will have to fight in the Philippines for generations to come, we might as well prepare them for it. Moreover, the young men of the army and the navy have their uses in time of peace as well as in war. and it is advisable to make such services more widely popular and useful than they are. At present these officers can hardly do anything more in times of peace than lead cotillpns. How much better would it be to educate them to the sweet duties of the goli field and the gentle sport of the gridiron ground than to leave them accomplished only in the art of caper- ing in a baliroom to the lascivious pleasings of a lute! Another advantage of the proposed course of in- struction would be the reliei it would give to the universities, which are now overstrained by the de- | mand upon them for sluggers and scholars in equal proportions. If the two great academies of the Gov- ernment undertake to supply the national need of annual football rows the universities can devote their | energies to education and thus be enabled to furnish the country with a scholarship equal to that which emanates from the universities of Europe. There iz another merit of the bill which should not be overlooked—one which ought to procure for it the eful consideration of the country—that merit is to I be found in its superiority to other Chandler bills. It will be much better for the Senate to discuss goli as a part of military education than to to Chandler talk of his peculiar views on finance and trusts. r's bill be smothered in commit- tee he is certain to break loose somewhere else, and it rather listen Ii the Senat to take the bill he has given them than to risk they know not of R others kland audiences are being regaled this week with a series of lectures intended to prove that a dead The lecturers mi why some living men don’t know tl t they are alive. FOR THE CHRISTMAS SEASON. C HRISTMAS is at hand, and in accord with a an unwritten law the leading periodicals of the Christian world will issue to their readers holiday | editions designed to be appropriate to the occasion | and to add to the general delight in the festival sea- son. In harmony with that custom The Call will issue next Sunday the most artistic Christmas number that | ever appeared from a California newspaper office. i The illuminated covers will be something more than gaudy patches of color. They will be veritable works of art, presenting pictures by artists of high rank— [ pictures that will repay prolonged study and merit a conspicuous place among the artistic treasures of the most cultured homes. The contents of the supplement will include articles by Mark Twain, Ouida, Madge Morris Wagner and other well-known writers. The Rev. Peter C. Yorke narrate the of his year of travel in Europe; Major Jose Ramon Pico, who has lived in California under three flags, will describe the Christmas festivities of the pastoral days before the discovery of gold and the breaking up of the old, happy life that was lived around the missions and on the haciendas of the great land-owners. There will be pages fashions, children, Christmas tales for grown people, and something of special interest to all classes of readers and to every member of each family. The illustrations which will accompany the articles and adorn the pages will be of unusual excellence even for The Call, whose “superiority in newspaper art work is now recognized throughout the Union. Taken as a whole The Christmas Call will be the most beautiful ever issued on the Pacific Coast and not inferior to any in the Union. It will mark another degree attained in the progress of The Call, and by surpassing all that has been achieved in the past will serve as a new point of departure for greater and more artistic triumphs to come. D — story also of stories for even If the allegations made by investigators against United States Senator Clark be true there must have been a very recent boom in the Market price of Mon- tana legislators. There certainly ought to be some reduction when they are bought in lots. Calamity howlers have been given another proof that things are not as bad as they might be and that patience is a virtue not to be despised. Henry J. Dibble has rushed into print to tell what he would do if he were Governor of the State. It is not too much to presume that President Bergerot of the Board of Education is all at sea with regard to School Department politics. Otherwise why should Jje be taking postal card soundings to ascertain where he is at? —_— A woman’s club of Chicago, in denouncing the horror of Maysville, insists that the time has come to Stop the burning of human beings. This is the first suspicion, utterly groundless, that the fiend of Maysville was human. The burghers in South Africa seem to be thor- oughly alive to the eternal fitness of things. Presi- dent Steyn of the Orange Free State has announced his intention of connecting with one of General Cronje’s laagers. —_— The Oakland missionary who reports that he is teaching his Chinese converts the intricacies of foot- ball must be trying to give the Celestials an object lesson of how savage Christians can be when they want to be. —_— Secretary of the Treasury Gage has arrived at the conclusion that the present banking laws are entirely too strict. Any number of would-be borrowers reached the same conclusion years ago. \ The fact that the national council of the Grand Army of the Republic has decided to. hold the next annual encampment at Chicago in August would seem to insure the veterans a hot time. 'l:he football players of the country, having had th_elr battles of Modder River, the nation is awaiting with bated breath the list of casualties. custom which has now become something like | B T i A S O e i S e g | $ Ahe mes - boy will not be z able 4o move wilh his 4 accustomed spryness. e o g - fed et ebeieied P political crafor 4:4\. exhaust his Subject and. have @/ it all telegraphed Ao e . oThe newspaper will probably increase v size. will have & Sit up all | AROUND THE ! CORRIDORS | Captain Henry Glass, U. 8. N ing at the Palace. W. B. Colt, a well-known business man | of Seattle, is at the Lick. G. J. Nees, a prominent oil | Selma, is a guest at the Lick. John Markley, the Bank Commissioner, is registered at the Lick from Geysers ville. | | Ex-Senator M. Wolf has come down from his home in Sacramento and is stay- | ing at the Lick. Dr. D. W. Edwards, a leading medical | | man of Los Angeles, is one of the late | arrivals at the Grand R. T. Orvis, C. A. Carr and Thomas C. | Hort, three naval men, are registered at the Occidental for a short stay. | Superior Judge E. W. Wilson of Eu- | | reka is in the cf He arrived yesterday | and will remain for several days. Charles F. Urquhart of the United States Geological Survey was among the arrivals at the Occidental last night. W. H. Livingston, one of the famous | Livingston family of New York, is among | the arrivals of yesterday at the Palace. R. D. Johnston, a wealthy lumberman of Eureka, is registered at the Grand while on a short business trip to this city. Dr. R. W. Kent, a well-known and pop- ular physician of Sonora, is at the Cali- | fornia on a short pleasure trip to this | city. | 1. A. Bohl, United States Marshal of St. | | | , s stay- | Louis, is registered at the Palace, where he arrived yvesterday. He Is accompanied | by his sister, Mrs. K. W. Hardley, and his visit-to the coast is one of pleasure and recreation. Passenger Traffic Manager McCormick of the Southern Paecific Company will leave for Chicago on Wednesday next to be present at a meeting of the traffic rep- resentatives of the different trana- continental and Eastern roads soon to be held in the Windy City. The meeting is for -the purpose of looking into the dif- ferential rate trouble that has recentl sprung up between some of the New Eng- land roads, and it will be the endeavor of those who attend the conference to de- vise some means of meeting and over- coming the difficulty. e CALIFORNIANS IN NEW YORK. NEW YORK, Dec. 9.—N. J. Nissen of San Diego and T. J. Wrampelmier of San Francisco are at the Imperial; I. L. Requa and wife of San Francisco are at the Netherland. | —— e | CALIFORNIANS IN WASHINGTON WASHINGTON, Dec. 9—~John D. Spreckels of San Francisco is at the Shoreham. Miss E. Schmitt of San Fran- cisco is at the Arlington. W. H. Knowles of San Francisco is at the St. James. e —— ANSWERS TO CORRESPONDENTS. FREE THOUGHT-K., Daunt, Cal. “The Free Thought Magazine” is pub- lished in the city of Chicago, IlL AT WATERLOO—8. T. City. The army of the allles under command of the Duke of Wellington at Waterloo num- bered 67.661 men. The British forces num- bered 23,991, A UNITED STATES COIN—McK., Fort Point, City. A plece of coin in the pos- session of an individual, nothing to the ““A USEFUL CHRISTMAS PRESENT FOR ANY ONE.” S THE MOST POPULA AND BEST 81,00 POCKET PEN ON EARTH. It contains sufficient ink at one filling to write 10,00 words. 1t does not leak, blot or smear the fingers, and 18 unexcelled for rulin manifold copying and nest rapl writing. _Sent to any uddres in the United States or . (By cents extra.) postal or Wells, money order. AGENT: ED. QUICK SELLER. PROFITS. CALIFORNIA SUPP”Y AND MANUFACTURING COMPANY, General Agents, Address P.0. Box 533, OAKLAND, CAL. MASTERS, ATTE N- This Is the hast. pen on registered mal 1 i U. 8. THE INDEPENDENT STYLOGRAPHIC PEN" man of | & P B e e e e e e e ot B S S B o o o o . R I S B e e S e S 1 WHEN THE NEW RAPID TELEGRAPHY COMES IN. CHICAGO NEWS. contrary is presumably his seven years of trouble, but personal nd he can do wh not want, follow such a mishap in some ever he please: it. That is, he can | parts of England; while in Scotland the melt it or he can beat it out of all shape | cracking of a mirror is said to be a warn- with a or in any other way | ing of approaching death in the hous render it use as current coin, if he is | Chaucer, in “Canterbury Tales,” tells of idiotic enough to do that, and no one can in conflict with the United States For instance, if he should stamp his name and business address on the coin, chisel off the wings of the eagle or disfigure the head of the figure of Lib- befall them if any individual they interested In was friend person returned love for love or not mbuscan’s mirror, sent to the Cambus- | interfere with him, but if he should deface | can_ King of Tartary by the King of or mutilate any coin and attempt to pass | Araby and Ind. It showed those who con« the same as current coin, then he would | sulted it if any adversity was about to were or foe, and If & ——— erty, and offer such mutilated coin as | Cal- glace fruit Soc per Ib at Townsend's.¢ good coin, he would be lable to arrest e I i A and prosecution. Special information supplied dally to NOT OBTAINABLE—L. D., City. This | Dusiness houses :nd puBlic men by the department has not Been able to obtain | brcas G URPINg Bureau (Allen's), 310 Lu’:l. omery street with any degree of accuracy the number | & (¢ of passengers passing through the ferr: building daily or monthly, nor the nurme ber of persons who ride on the streetcar system of San Francisco. LOOKING-GLASS OMENS-Y. G, It is said in Sweden that a young girl who looks into her glass by candlelight runs the risk of the loss of her lover. A uni-| versal superstition, even down to the | resent time, forbids a bride to see herself n a4 mirror after her toflet is completed. Everywhere it is the bellef that the break- | ing of a mirror s followed by bad luck. toms officials the du no a Tel, hone Main 1042 ——— s Two Thousand Cigars Seized. Two thousand cigars were seized by cus. yesterday from the ex- transport Glenogle for appralsement and y on them for the use of the officers —_——— Guillet's best ice cream and sorbel They were intended 95 Larkin.® Yesterday’'s Insolvent. M. Meseroll dentist, Stockton, $729 43; -— AT The continued success of our PEREMPTORY factory to the public. FINE QUALITY FREN 50 per cent below regular prices. A LARGE ASSORTMENT OF LADIES' and LISLE THREAD HOSE. sizes). LADIES" HANDKERCHIEFS in all styles at prices. LADIES' DERBY KID GLOVES, two clasp Paris ;;P'% )hnck. in all colors and sizes, at 60 cents LADIES' TAILOR-MADE SUITS, new and st to $5.00, and from $20.00 to $10.00 per suit. —_— PEREMPTORY MONEY-RAISING SAIE! New Staple ¢ Holiday Goods Less Than Cost. SALE positively shows that the price and quality of our goods are satis- On to-morrow (Monday) we will place on our counters many additional attractions, including the following: BLACK GOODS—CREPONS, '('HE\'IOT‘S. SERGES AND VENETIANS. An accumulation of HIGH-GRADE NOVELTY SILKS. An accumulation of REMNANTS COLCRED DRESS GOODS. CH SATIN AND GROS GRAIN RIBBONS at BLACK AND COLORED SILK MEN'S UNDERSHIRTS AND DRAWERS in Merino and Wool (odd 50 per cent below regular per pair (regular price ylish, reduced from $3.50 CHILDREN'S WHITE ANGORA AND THIBET FUR SE' suitable for Christmas presents, at HALF PRICE. LADIES' WOOL WAISTS AT MANUFACTURERS' PRICES, MONEY RAISING point and embroid- ' TS, especially