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About The commoner. (Lincoln, Neb.) 1901-1923 | View Entire Issue (Jan. 1, 1914)
Wf? v ' ' .. The Commoner .," Now for a Guaranty Law The Commoner ISSUICD MONTHLY f " -w Wr t" " V ii"f VU i J . V- . v i r . F 5 U' l-'K.n EP"". . m i ' tlrr. . i- . m. L-"l i- ,. , ;, Ehtorod at tlio Fowtofflco at Lincoln, Nobruaka, nH flocond-claHH matter. WJ1.UAM J. llllYAN ClIAIM.KM W. IlllYAN KtlJtor and Proprietor AmooJhIo Kdllor nnd I'ublMior ICrtllorlnl Itouuin nud UiirJiioiw Ofllco, .TM-330 Bouth TwolfUi Street Oho Year 91.00 Six Moh li ....... .C In Clubfl of Flvo or moro, pot yoar... .75 Three MonlUn .,.,, .25 .Single Copy ...... .10 Bamplo Copies Free. Foreign Po&t, 2Cc Extra. HUIIHCUII'TIONS can bo wont direct to Tho Com moner. They can alo bo nont through nowspapora which have advertised a clubbing rate, or through local agent!!, wlicro nuch agcniR have boon ap pointed. All remittance!! tihould bo Bent by post ofllco money order, express order, or by bank draft on Now York or Chicago. Do not Bend Individual chocks, stamps or currency. HHNIQWALS Tho dato on your wrapper shows tho tlmo to which your subscription la paid. Thus January 14 moans that payment has been re ceived to and Including tho Issuo of January, 1914. CIIANGIQ OF AI)UI3SS Subscribers requesting a change of address must give old as well as new address. ADVMUTISING Rates will bo furnished upon application. Address all communications to THE COMMONER, Lincoln, Nob. years ago. Ilonco aggregate production aver aged about 13.6 per cent Iobb than a year ago and 2.9 per cont more than two years ago. DEPARTMENT OF COMMERCE Tho bureau of foreign and domestic commerce has openod an ofllco in tho customhouse, New York, and will shortly open offices in Chicago, Nov Orloans and San Francisco. An experienced mombor of tho staff of tho bureau will bo in chargo in each city for tho purposo of giving in formation concerning tho work of tho bureau and to assist merchants and manufacturers in tho development of foreign trade. The publica tions of tho bureau will bo on fllo and these lofllcos will be made sources of information and jassistance to all desiring to cultivate export business. One spocial feature which will undoubtedly interest business men and commercial organiza tions generally is an arrangement mado with the cordial aid and cooporation of Mr. Wilbur J. !Carr, director of tho consular service, depart ment of stato, whereby consuls who are in this country on leaves of absence will visit the offices as convonionco permits and make them places for mooting tho representatives of business houses who may desire to cultivate business In the particular foreign field in which the consuls .reside. Due notice will be given in advance 'through tho daily consular and trade reports of 'the bureau, through spocial notices to business houses which may have filed their names with the bureau as interested in that special foreign field, and through advices sent to the trade and commercial organizations of tho city and the district in which tho ofllco .Is located. Another featuro of tho work of tho bureau which has interest for tho business world Is that its commercial agents on their return to America will attend trade conferences or conventions of persons or organizations interested in special lines of investigation, in order that they may personally inform manufacturers and merchants of tho result of their studies in the foroign field concerning their own lines of manufacture. For example, at tho convention of the National Can ners association, to bo held in Baltimore early In February, It is expected that Commercial Agents E. A. Thayer and J. Alexis Shriver will 0 WANTED To correspond with Demo cratio Stato Chairmen, Comity Chairmen Secretaries, Members of Democmttc State Committees, Precinct Committeemen and others who are interested in circulatinc Democratic literature and organizing for the state and congressional elections tliis year. Address The Commoner. ' 0.00000 Tho democrats of tho senate attempted to secure a clause in tho currency bill insuring bank depositors. Tho opposition of tho houso compelled tho senate to surrender this provision but tho fight was worth making. It developed tho strength of tho sentiment back of this re form and makes certain the passage of a special law of this subject, and why not? Even the re publican opposition is breaking down. Just what form tho guaranty law will take no ono can at this timo predict, but there is no doubt that ultimately tho federal government will stand back of every deposit and make it as good as a bond. A very- simple law, something like this, would bo sufficient: 'First. Upon the fail uro of any bank, it shall be the duty of the comptroller to take possession and pay all de positors in full. Second. It shall bo the duty of the comptroller to collect quarterly from each bank its pro rata share of the sum paid out by him during the preceding three months to de positors of failed banks plus interest on the same at tho rate of three per cent and cost of admin istration. If it is thought best, this system can be adjusted to the new currency law and the banks, instead of being in a national group, can share in tho losses within their district. Such a guaranty system would Involve no risk to the government because it is in a position to compel the banks to reimburse it, but it would lessen the number of failures and entirely protect busi ness communities from the embarrassment which follows a failure. It would too, make the postal savings bank unnecessary, for every depositor would be as safe as the depositor in the postal savings bank now is and the security would ex tend to the checking account and be without limit. W. J. BRYAN. bo present, both having recently completed long foreign trips while studying the opportunities for the development of a trade abroad in Ameri can canned goods. The purpose is to have these gentlemen meet directly the manufacturers for whoso goods they have been seeking a general outlet. In the same way it is expected that these commercial agents will visit the cities and locali ties most interested In the production of the goods whose markets they have been endeavor ing to extend, and that they will there also come into personal contact with practical pro ducers. .,,. BUREAU OF FISHERIES A few months ago Secretary Redfield approved a plan recommended by the commissioner of fisheries whereby the propagation of the eastern lobster in Pacific' waters was to be attempted and, by way of reciprocity, a determined and well-sustained attempt was to be made to intro duce one or two species of Pacific salmon on the Now England coast. The propagation of lobsters on the Pacific coast had been under considera tion at various times for many years, but the efforts had not been sustained, the plants had been small and scattered, and the net result had been nil. The plan approved was to utilize the female lobsters which had served their purpose at the New England hatcheries, supplementing them with a supply of males and egg-bearing females; and to make several car-load shipments each season, depositing the lobsters in some definite locality whose suitability had been de termined in advance. The first shipment of Maine lobsters has just been made in furtherance of this plan to estab lish the eastern lobster on the Pacific coast, if it can be done. The shipment consisted of 4,007 adult lobsters packed In 200 crates in a special refrigerator car and went through in five days and four hours. It was the most successful ship ment over made, the loss in transit being only 11 per cont, and the survivors being in a strong lively condition when planted. All preparation had been made in advance to handle the lobsters on their arrival and they were taken to the San Juan islands in northern Puget sound and liberated without delay. This archipelago of numerous rocky islands was selected as the point of deposit because of the favorable conditions of bottom and water existing there. It is proposed to make similar shipments until the lobster is firmly established in Pacific waters or the impossibility of its introduction there is demonstrated. Representative Lenroot of Wisconsin a pro gressive republican, voted for tho conference re port on the currency bill because "under this measure the reserves in Wall street can no longer be used in stock .speculation, but will be used to meet the commercial needs of the coun try." Which, it may be mentioned, is about as good a reason as anybody could give for support ing the bill: Yet sixty republicans in the house rejected it, and voted no. It is now nearly nine months since the Mexican problem was dropped into the lap of the presi dent by his predecessor in office. During two thirds of that time the administration mteht have gone to war with the southern republic without having imperilled its popularity either at home or abroad. The last few weeks have demonstrated to the satisfaction of even the worst of the jingoes that the national honor can be maintained without threshing somebody. There is no longer any doubt held that the policy of the president will bring the desired result without the sacrifice of the life of a single American soldier. (7 . THE COMMONER'S FOURTEENTH YEAR In its initial number The Commoner said: "The Commoner will be satisfied if, by fidelity to the common people, it been chosen." At the beginning of each It is not for The Commoner to say whether it has proved its right to the name it bears. It is enough to know that its efforts in the advancement of the ideals to which it stands committed have met with hearty appreciation from every section of the country. The kind words and the generous co-operation, of which The Commoner has been the grateful beneficiary since its birth, have greatly encouraged The Commoner's editor and all the members, of its vorking force The Commoner has lived to see the triumph of many of the reforms which it has advocated. The year 1913 has been a year of victory, yet The Commoner feels, as it enters its fourteenth year, that its most important work is before it Its duty can not be successfully discharged without the faithful co-operation of the rank and file of democrats. Now, more than at any other time in the party's his tory, there is need for earnest work in the advancement of democratic princi ples. The most important task of this 2E,Wll e tllQ eleCti0n of a Na tion f Th make P0Ssible the continua SSL ,th g00d work already accom plished by the present administration, it s imperative that the 64th congress to be elected this fall, be democrltic and with a good working majoritv Ir lc time to relinquish efforts EvWy demo crat should realize that this year i? a! critical time in the history of the demo cratic party. Its future success- Si opportunity to serve the people of th s nation will depend on the verdict rami ered at the congressional elections this" prod in & LVT of this publication wiTever bS in support of that doctrine wherefn the people are recognized as the source of power, and where "the greatest good to the greatest rmmhnv" i, s. bUoa lo 0 l 00,0s.0e! 1 3 4 J :, A -' 'f "'' ' """""-'W'Wi'i 'VfmmiwmM WHfoyT-HHHiy ..,.,.,., A. t