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About Saturday morning courier. (Lincoln, Neb.) 1893-1894 | View Entire Issue (Dec. 16, 1893)
p ( i Saturday Morning Courier VOLUME 9, NO. 2. blNGOLN, NEBRASKA, SATURDAY, DECEMBER 16, 1893. PRIGIl FIVE GENTS iM , h) Burly In tho nionotury stringency that him enuscd bo ninny chungon in llnancliil and tniHincHH methods, the Omuhu banks adopted n rulu to tho effect that thoy would outer for collection all iteniH on towiiH outside ot Omaha, and not givo crodit for thoiu until paid. Thoir cuBtoin had been to glvo tlieir correspondents anil ciiHtomorH credit for all cash iteniH on Nebraska townn or on points oast. Tho new rulo wan enforced for .eoveral months, und it worked a hardship on all outside Nebraska banks ns it suddenly rondored a largo amount ot "cash" itotus unavailable, and pluced tho country banks, already hard pressed, in an ombarasBing positiou. Tho now rulo tended to greatly in crease tho panicky feeling throughout tho state. For example; tho grain man, or cattle dealer, in somo small town in western Nebraska, was accustomed to draw against shipments ot grain or cattle, and havo hi? drafts cashed by his local bank. Suddenly ho was told by Ills bank that they could not give him credit for his drafts that ho must wait .until they could collect tho draft and got tho monoy back, necessitating a do luy of a wcok or ten days. "Wo are forced into this," tho Ivuik would toll him, "because our Omaha correspon dents will not credit tho draft." Tho circuinstnnces wero not alwajs understood and appreciated, and in many cases bunk patrons becamo sus picious and lost confidence in tho banks, thus adding to the genural uneasiness. Tho Lincoln bunks, although appar ently compolled by tho action of tho Omaha bunks to follow to somo extent tho rulo adopted by them, in most in stances did not mako tho slightest change in thoir method ot doing busi- It is a well known fact that tho banks ot this city extended accommodations to their country correspondents through tho panic, whon help was absolutely needed, und when it was possible to lend assistance, while tho Omaha banks shut themselves up like clams and refused to loan a dollar, no mutter how budly needed or how good tho security. Tho Omuha bunliB guvo ovidonco of tho fact thut they wore budly rattled, und their whole course throughout tho panic was such as to aggravate tho uneasiness in Btcd of restoring contidence. It is for tunato that tho backs of Now York wero not goyomed by tho sumo kind of i. peculiar linunciul methods during tho trying summer months. If they hud dono us tho Omaha bunks did, theio wouldn't bo many bunks left in tho country toduy. Tho result of tho notion of tho bunks in Lincoln during tho pust six months hus been to bring them inereused busi ness und now friends throughout tho state, and Omaha seems to havo sud denly lccognized in Lincoln a dangerous rivul, and the bankers ot Omaha have taken it upon themselves to discriminate aguinst Lincoln in every way. A fow weeks ago the Omaha Clearing House association agreed not togivo Lin coln bunks credit for items druwn on points outside of Omaha, und to enter all such for collection. It wus soon found, howovor, that Lincoln could do its own collecting. Tho Clearing House association thon resolved to enter for collection all checks and drufts druwn on Lincoln, und received by thorn from their bunk correspondents out in tho stnto, and thoir city customers, and also to charge a high rate of exchango for collecting such items. And the Omaha bunks aro doing this, notwithstanding tho fact thut all ot tho Lincoln banks ha'o always kept largo baluuces ,in Omuhu, and thut they virtually huvo tho monoy in their own hands tho moment they receive a Lincoln check. Thoir ex-" cubo, whon tho Lincoln bunkers pro tested aguinst such unjust discrimina tion was that tho "Omaha jobbers and wholesalers domnuded it." Tho ilimsincsB ot this oxcubo can bo scon in tho numerous complaints and protests of these jobbers appearing in tho daily papers in Omuhu against tho now ordor of things, and from tho fact that most of tho wholesalers are sending thoir Lincoln items direct to tho Lin coln bunks, and receiving in return thoir Now York or Chicago exchange at par. WMa finrtntiilv flnna not lnnlf nn if tint Omuhu wholesu!omorchunts"demundod" this discrimination against Lincoln. Tho answer of u prominent Omaha bank president to a country banker who asked why ho refused to accept draftH drawn by his bank on a Lincoln corres pondent, was that: "Tho Omaha bunks uro trying in this way to forco an cquit able, distribution of tho stnto funds, ot which too largo a proportion is kept in Lincoln." It is presumed that they will stop discriminating against Lincoln whon thoy got thin "equitable" propor tion of tho state monoy, (moaning by "equltnblo" about ull of it.) Any ono nt all posted on state tlnanccs knows that this is u pure bluff, as Omaha has now and always has had tho lion's share of tho state funds. It cannot bo denied that this petty spite work of tho Omaha Clearing Houso association has worked a hard- shlp.on tho Lincoln banks; but it has not made the Omaha banks any now frlonds throughout tho state and they have lost besides tho largo deposits which tho Lincoln banks used to keep with them. Of courso tho real object of tho Omaha banks is to forco country banks keeping accounts in Lincoln to change to Omaha, by refusing to accept their drafts drawn on Lincoln; but so fur it hus not had tho desired ofTect. Not only havo tho Lincoln banks not lost any of their correspondents, but in several instances, banks keeping ac counts in both cities havo withdrawn their balances and closed their Omaha accounts becuuso of this action. Tho Lincoln bunks puy 1 por cent more in tercst on. daily balances than Omuhu, furnish drufts to correspondents, are inoio liberal in crediting up outside items, and during tho past year havo earned a reputation for taking euro of their customers. II. All'iway, tho well known Now York llnaneial conespondent, in referring to tho piling up of money in tho New York banks, says: "It is always best to look at botn sides, anu tins money glut nrgu emenl is tho strongest and fuirest argument thut tho bears have. To somo extent it is of consequence Yot dining tho lust week I huvo failed to Und a single bunker who is giving heed to tho idea so advanced. I havo taken the trouble to cull tlpOtf About a" dozen of the foremost bankers having close relations to Wall sticct, and without exception thoy join in tho statement thut tho abundance of money is full ot tonic eirects." "Thoy say thut tho money in tho big banks here is not tho money which belongs to commercial und industrial interests. It is money, which, in times of Wall streot activity, is kept whirling in tho stock market. Its abundance does not in any way, thoy insist, icp rescnt restricted trade or any public nervousness. It piles up merely uwuiting Wall streot uses." "It really seems strango that an one could seriously believe that an income tax upon individuals or, for thut mutter, upon corporations could be imposed and bo collected," says a New York exchange. "America is far different to any other nation. Hero wo have types that do not exist among other peoplo. Many aro up to-day, rated in the hundreds of thousands or dollars, but on the morrow their fortuno, income -everything hus vanished. In England, where one hus an estate, no matter how frco, or to what extent entailed; in France, where "des rentes" aro secure, and in Germany, income taxes are a source of rovenuo to tho Government, because these can be definitely ascertained and an income tax collected. With but fow landed propriotots, like tho Astors, Goelets,und Havemeyers in this city, and with real estate ownors of comparatively similar means iu other cities and towns the collection of nn income tux is ulmost an impossibility. Wo huvo no mi 10 incomes in this country." "Tho wealth of the Vandorbilts, P. D. Armour, und tons of thousands of otheis, doponds upon political und not pbjsical conditions. An advance in commodities, a change in tarilf laws, a fulling otr of railroad earnings or a monetary panic may reduce the revenue of tho multi-inilllonatrcs from 25 to 75 por cent. As an illustration it need only to bo said thut when Mr O.P. Huntington was asked, during monetnry panic of lust July the and August, what Ids iucomo amounted to, he roplied; "Lust your my rovonuo exceeded 85,060,000, but this your the shrinkage in values has cost my estate nearly 820,000,000. Clorks, mechanics urtisuus, servants and unskilled lab oroiB cannot ulToril tho luxury ot an iucomo tax, and it will ho decidedly dilllcult, almost impossibo, to collect ono in any other direction." Canon City coal Coul und Llmo Co. at the Whitobrcust I "I An afternoon paper reviews Dr. Wee's article on tho American public school system in tho December Forum, which callstoniindaremurkuiadoto a Couiuku representative a fow days ago by a prominent citizen: "Why don't you 'roast' tho public schools in Tick Couiuku? They aro a sham and a delusion. I went to a plug school whon I was young and by tho thno I was fifteen I knew a great deal more than my boy does now, and ho's nineteen and it is not tho boy's fault either. Tho public schools arrange matters so that pupils cannot graduate from the high school until they are about twenty years old, and thon they aro only just prepared to outer tho state university. Whon thoy got out of tho high school thoir heads aro crammed fidl ot a lot ot scraps and now fanglod nouceenso, and they know practically nothing about what we used , to call tho common branches. There isn't any thorough ness iu the system practiced in tho publioiflchools in this city, and that's why so many people send their children away from home." Now the newspaper or Individual that ventures to say anything disparaging of tho Lincoln public schools, is likely to stir up Mr. Henry E. Lewis, und thut gentleman does not hesitate to bark. Tub Couiuku confesses to it good deul ot timidity, and we approach this sub ject in fear and trembling. Mr. Lowls is liable to tell us that wo do not know what we aro talking about, and if he did, wo aro not sure that we could con tradict him. Uesides Tiik Couiuku doesn't "roust" any body or any thing. This promi nent citizen must huvo been thinking ot tho Journal when ho asked us to roust tho schools. Tho Journal Ib tho paper that is always aggressive, and fearless, and over in u. lighting. moodjOur. specialty is peace and quiet and con servatism. Without roasting the schools in any way, wo may bo permitted to say that there aio somo things in connection witli the public school system iu Lin coln and it is much thesamo elsewhere, - that do not meet with unqualified approval, and it is not surprising that in Chicago and olsewhoro an earnest pro test has lately gone up against tho "fads" which are given such an impor tant place iu tho public schools to thf, detriment of more useful studies. Most of the boys who attend tho public schools are destined for business careers in which a thorough knowledge of tho three or for principal studies will be iulinitely more valuable than u smattering of information, interesting enough, and valuable, maybe, to some pupils, but which will not enable them to keep' hooks and transact ordinary business, and many of the pupils are children ot parents of modeiuto means who cannot afford to keep them iu school until they uro twenty yours old, learning things that will not do them any good when they commence to earn tlieir living. Theto is a growing sentiment in this country in favor of a public school sys tem that will give the most thorough instruction iu tho most useful brunches iu tho shortest time, leaving what mo known as tho "fads" for the j rivato or special schools. After ull there is no moro fruitful subject for bright newspuper writers than whiskers. The talented young men who write for tho press in this city huvo displayed a fertility of imagination and a graceful Imagery, us to stylo, in handling this subject that entitle them to distinguished consideration par ticularly of him who furnished them the theme. Marguerite, u character In "Friends," produced at tho Lansing theatre Wednesday ovoning, says in tho play; "Dramatic criticism is only ono man's opinion," This istho viow taken by niuny theatrical people of minor importance. Hut it is not altogether true. When it is said that Hooth wiibu great tragedian, combining tho highest element of stage art with rare in tellectual perception, or thut Joseph JelTersou it n groat comedian, or thut Thomas W. Keeno in a notorious runtor or that FiiuicIb Wilson in a clover stage bulToon, this is not one man's opinion. It is the opinion of ull educated, well informed people, ot ull those whoso judgment in theatrical aSy sort of value. matters is of here may bo shades of opinion Ono critic may see qualities or points that f i another pusses by unnoticed. wliut there are certain Htandanliierected, it not by art, then by common sense, ami when the critic is governed by these hnA'oices not his opinion alone, but that of un Intelligent public sentiment. I Whon a critic accuses an uclor of ranting, who makes a stump speech of a fragment of ordinary conversation, ho expresses u fact known toall Intelligent, dcRcriminatimr net sons. 3 !t&Hinn lilt urit'u Hint) rilnfii frfr1u With allot her great ability, gives us a representation of emotions the like or which we never see except on the stage, ho ls"hot stating his own opinion meiely but that of a large clans of intelligent people. l With all of its defects and shortcom Inge there Is somo reason and consistency anil honesty buck of dramatic criticism, and to say that It is merely ono man's opinion is to say what In known to bo orroneous. -1 Prejudice- creeps into drnmatic crit icism, as into every thing elso whore h'lMnun nature is concerned, and some copies are like blacksmiths at a jowoler'n bench. Hut these is honest criticism and a criticism that represents in n general way a rational and practi cally unanimous intelligence. 'Whatever may which tho News bo tho aflliction from is suffering, causing that paper to appear several times a week so pale that it is almost white, it la to ho hoped that the recovery may beispeedy. Whito pupor can bo pur chased for a good deal less than ft conts u shoot or 10 cents a week, and tho poorly printed issues ot tho News aro not even good whito paper. m ptnahu pays Lincoln a decided com pliment in tho incessunt wurfiiro which it wages against this city. Lincoln generally manifests a most friendly feel ing for tho metropolis, but Omuhu scurcely over misses uu opportunity to vent its spleen to the prejudice of tho capital. Every jeur emphasizes the demand lu this city for more wholesale houses, and the time is coining when we will get them, and when thut time does come Lincoln will not be dependent on Omuha lu tho slightest degree. It Is assorted on tho most reliable authority that the young ladies who practice in the gymnasium at the state university are distinguished by a supple ness of limb that in truly remarkable. When it comes to kicking it is said that there is scarcely anything in the gymna sium that is beyond tho reach of the accomplished young women. Work men aro kept busy repairing holes in the ceiling, and an order is shortly to bo issued to tho effect that tho feminine gymnasts must wear slippers with square, instead of pointed toes. Somo rare newspuper ability is sport ing itself iu tho Call olllco. We read iu that paper, among the court news, that Tliu nice, nrrcn kmbh iibout llui court limine. Iiiih been put to licit for t Im winter. Tlu cov ering of fertilizer will imikn it blossom out m;ii In in full forco next 8iirlii. A little monoy put into soup houses in this city would put warmth, susten ance und gratitude into many a destitute person. A prominent bunk cussing tho present cashier in attitude of dis tho Omuhu bunks toward tho bunks in this city said: "I hardly think thoy will be able to inainain their position for any length of time. Tho wholesale dealers in Omaha will, I think, drive them to recede from their present position. If thoy persist there may lie some in convenience, but iu thoendit will greatly benefit Lincoln, us it will cause dealors ull over the state to patronize tho wholesnlors in thin city when ever possible, this stimulating the wholesale liusiness already established hero und mukiug u positive demand for tho establishment of houses wholesaling hardware, boots and shoes, dry goods, and tlio different lines carried by tho country deuler." It in asserted that tho volume of bus iness in Omuha for tho year 18S),'l will be fully as great as in 1602. There was a gain iu clearings in months, iih compared Uio lust eleven with tint sumo period lust your, of 88,590,711. (Coiiiuiui'c on Third Paye.) Mr. Annin siijh Heptesentatlves Mu Keighun and Kom wero not present lit tho opening of eongiess. Their scats weio vacant, wheieln they resemble tho heads of the two congressmen. j nere is ono singular raet lu connec tion with the candidacy of Major ,1. J). Calhoun for the postolllee. Homo of tho strongest friends of the administration and bilteiest foes of llryau me urging Calhoun's appointment, on the ground that the placing of Calhoun iu the post olllco would be n death blow to the llrjun boom. Calhoun, they assert, has furnished tho brains for the country editors lu lecent campaigns, and Is really responsible for much of Hryiin's popularity, llryau would never occupy tho exulted place he does, It Is further claimed If it had not been for Oil. The major would never be given the appoint ment unless ho agrees to cut loose from Hryau and adhere to the administration, and this being tho cubo, it will be readily seen, thut tho appointment of tho editor of tho llvrald would not strengthen tho llryau cause. I ! lfl .- II. . ! Tub Couiuku can furnish pleasant und profitable outside employment to ono or two young men or women. M. L. Trestor, city coal olllco, street, yards M. P. and 27th II. O streot. MINOR NEW8. 1211 O M. and Of courso somo people will contend that tho asylum cases ought to huvo been prosecuted; but if anyone has any good reusou why tho farcical proceeding should bo carried any farther, it Iiiih not thus far been produced. Rotuil trudo in Lincoln continues about tho same, with somo real activity lu holiday goods, and collections slow. It is a noticeable fact that Christmas buyers' aro confining themselves for tho most part to tho necessities. Fancy articles are not moving with tho accus tomed rapidity. Monoy that used to go into these things is being put into boo Is and shoes and dry goods and clothing. Still most dealers report a fair holiday trade, in somo instances, much better than wan uxpected, THE BUNKER SWORE. An ICxilontvi Hunk I'ri-ilili'iit. Somo amusing stories uro being told about a gentleman who controls a pros perous bunk lu Chicago. Among ills weaknesses is the one of resorting to nil kinds of tho most variegated pro fanity on tho least possible pretext, and I have heard It remarked by one of his admirers "that it was worth while going into the bank and discovering any excuse for picking a fuss with him iu order to enjoy the privilege of hearing a real, sure-enough bunk president curse und swear like a bootblack." Quaintly illustrative ot this weakness on the part of tho great banker was an incident that occurred iu the institution controlled by him only a few weeks ago. An elderly merchant, onoof the heaviest depositors in the bunk, culled at pre cisely ten minutes past twelve on u cer tain day to puy a note for a largo amount. He walked to tho cashier's window and was about to hand over the requisite amount ot currency when ho was accosted by the president of tho bunk. " and you," wan his polite salutation. "What in the do you mean coining in hero to puy thut note ton minutes utter twelve when ou said you'd bo hero at twelvoo'clock?" Thoubushed merchant, who Is himself ono of tho most tillable of men and a society niagjiiito of some im portance, endeavored to stammer out u few words to tho effect thut ten minutes was not ii lifetime, or words to that effect, but ho wits promptly interrupted by another pleasant little outbreak al most an emphatic as the first: " and blast your eyes," roared the bunker, now highly indignant. "What in tho do you sup pose I want to give you any leeway for? I'm not lending money for fun it, and I say - ----- und - - u man who doesn't get on deck ut the time he sujs ho will, - hlin!" It took the elderly merchant about thirty sccoiuIb to pay in the amount of his note, and only about twice as long to get up a ii little indignation on his own account. Iu tho meantime the president ot tho bank hud retired behind a ncighborinu window und commenced to rid himself f .mother vollev of tirofanltv. which ho cust In tho direction ot any clerks and ottleluls ot tho institution thut hap pened to bo ucurost to him. In this agreeable occupation ho was presently Interrupted by the now Indignant merchant, who, having taken up his note, proceeded to tear that document Into fragments mid cant tho same through the brass hilling straight Into tho face of tho bank president, accom panying tho action with words some, thing like these: "You damned old swelled-up old gas pipe, you, wo aro both of us pretty old men, but If you'll come out of your cage I'll chow you up Into little pieces mid spit them out. An It Is you'll never got another dollar of my money into your rotten old bank again." They say thut for twonty.four liours arterwards the banker fulled to utteru single word that would bo out of place iu a Sunday school manual. Two chrysanthemums met as thoy wero walking along tho avoiluo. Tho one, all yellow, was wearing a young man of tho period; the other, lu whito, hud u girl ot tho period lu its button hole, Tho yellow ono took off Uh hut. "Why, how do you do?" it said. "Delighted to oeo you!" sulti tho other. i "Do you know," wont on tho yollow one, "thut I urn heiirlng of ull sorts ot changes in tho matter of boutounioresT" "Ah, you confirm my wort suspicions! I, too, havo hud rumors comu to mo. How dreadful It would bo If." "If wo woro to find that wo woro not in fashion!" "Yes. I urn glad you finished it for me. It in too dreadful to think of I" "Thero in only ono wuy out ot tho un certainty." "Yen. Only ono." "Do wo dure to load bo doclsivo a change?" "Anything, bo wo bo suro ot not being utifushiomiblo. Holdness always suc ceeds." "Yen. Very well, 'thoi. Watch!" Tho yollow (lower took oil bis man-of the period und throw him Into tho gutter. "I I will do tho Bumo." Tho white flower flung uwuy tho girl' it had been wearing. "Aftornll," Bala thVwhlto flower, M4 they walked down thouvonuo, "It'wusa' very ugly fushion. Thoy woro not at all pretty to look utl" , At tint ConcrvMtory. A very plcusunt surprise was per potruted on Mrs. Howell by tho Faculty und students on Suturduy ovoning lust, It having boon discovered thut itwushor birthday. She was with somo dllllculy enticed homo from tho Christian Church Huz.nr, to find tho purlor tilled with students uno frlonds. A Boeiul ovoning was spent, und Mrs. Howell wun the reelpont of Bovoral clcgunt presents. a soricn ot receptions will be given by Director und Mm. Howell und the faculty of tho Conservatory, during the season, to different organizations of tho cltv. Tho flrBt of of tho sorioH will occour on Wednesday ovoning of next week. Try somo Ruby Hurd coul at White breiist Coul company gU.80. Kynnml Kar Hurgron. Dr. W. L. Dayton, oculist and uurist, No. 120.' O street, Lincoln, Nob. Whon you want prompt sorvico und fair treatment and tho selection from the largest stock of groceries in Lincoln cull on W. A. Coflln & Co., BiicccssorB to J. Miller, ll.'l South Eleventh street. WHITEHKEAST COAL AND LIME COMPANY. The Elk Mountain und Ruby anthra cite from Colorado aro fust taking tho place ot eastern anthracite. For sale ut the Whitebreust compuny it).60. All coul nicely screaned ut tho Whito brcust. W. A. Collin & Co., grocers, 113 South Elorenth streot. Fine new lino ot business suitings from 825 to flO In Scotch und homespuns Jeckell Hros., 110 north Thirteenth streot, near Lansing theatre. M. L. Trestor, I'ennu. hurd coul, 1211 O street. Pictures for tho holidays at Cruncor's, 212 South 11th. WHITEHHEAST COAL AND LIME COMPANY. MODERATE PRIGBS. INSPECTION SOWGITED. W. R. Dennis Co. I 137 O STREET. Hutters, Furriers and Furnishers, I Ml y. iu- i m tinfM1"-- ' MhiiMMua i JlailtlM r