The McCook tribune. (McCook, Neb.) 1886-1936, January 10, 1896, Image 6

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

    - --1 , sr-- .
C UOg TRr IB L .
CF.
F. M. KDIMELL ; 8nb11aher.
I1icC00K , 11' BRM KA.
- -
OVER THE STATE.
Joiix MAJoiu , of Bradshaw , abrother
of ex-Lieutenant Governor Majors , died
Iast week. '
Foust Hu nREI acres of "gold" lands
near Alma have been purchased by
speculators.
SUrISrtrxrENnENT 3ICKErXEv of the
Geneva industrial school will take a
trip to the coast the first of the year.
HoTIERON ? TTE of Fremont , about
seventy years old , fell down a flight of
stairs the other night , receiving injuries -
ries that may prove fatal.
Trir Lincoln city council is considering -
, ing an odinanee providing for arrest of
children found running the streets
after a reasonable hour at night.
A nILTCJCMAKERS' convention is called
to meet in the city of Lincoln at the
Capital hotel on January 21 , 1896 , at
2:30 p. in. , for the purpose of organizing -
ing a state association.
REV. W. II. H. PILLsuunv , county
treasurer of Nance county , died at lfIrl-
lerton of blood poisoning , after long
andgpainful illness. Ile was a man who
stood high in the community.
A FARMER named Zeigenbine , living
I eight miles' northwest of Ashland , has
become violently insane over religious
matters. He believes he is Christ and
proposes to impress the fact by force.
TILE gold-find has been extended to
Saunders county. 0. It Bryan , living
ten miles west on Rock creek , believes
there is paying dirt on his farm. Another -
other farmer several miles south reports -
ports a find.
TILE residence of Patrick Mulcahy ,
six miles north of IIarvard , was burned
last week. All the contents of the
house were also burned. The family
was not at home. Loss about $ S00 with
no insurance.
AT Omaha the jury in the murder
case of 'Claude hoover brought in a
verdict of guilty and fixed the penalty
at death. Hoover a few weeks ago
shot and killed Councilman Du Boise ,
his brother-in-law.
Ai.r1 merchants of York report a
good , trade for 1805 and assert it was
much better than that of 1894. During
the year there have been but two failures -
ures in the city , and at the present
time everything is bright for a prosperous -
perous year.
WATSON IIErVEV , son of Frank Hel-
vey , one of the oldest settlers of Jefferson -
son county , was instantly killed a
short distane north of Fairhury by the
bursting of a buzz saw. He was sawing -
ing stove wood with the machine when
it burst , one piece of the saw striking
him in the head and laying the skull
open to the brain. The deceased was
twenty-five years old and leaves a wife.
TltE1tE is a united movement on foot
in Lincoln to secure the location in that
city of the nest annual reunion of the
Grand Army of the llepublic. To this i
end a meeting of the business men of
Lincoln was held at the Commercial
club , under call of President Harwood.
It was the expressed opinion that , with
proper effort , the nest reunion could
be secured , together with several
others.
A COJirLArc r has been received by the
board of secretaries of the state board
of transportation from Linnwood , Butler -
ler county , against the rates charged
by the Northwestern railroad company
on 'hay shipped from that point to
Omaha. 't'he complaint sets up that
the rate from Linnwood is G ( cents per
100 pounds , while the towns in the
neighborhood are given much better
rates.
A HCQUISITION from the governor of
Illinois was presented to the governor
of Nebraska and honored. The paper
calls for the transportation to the first
named state of Hunt Nifong , who is
now living at Nelson in Nuekolls coun-
ty. lie is charged with having as i
* 3.saulted with a pistol , and witlt intent
3. b urder , one George E. Talkinton
4nlodeslitl ifl Nacoupin cuuRty . . r ? ' s in
Match , 1SDu ,
Citdttta A 3 ! j , EDGERTOxand Seere-
' fahlc ittger of the populist state
central. committee met with afewparty
workers at the state house in Lincoln
f to organize a systematic campaign for
securing the populist national convention -
tion for Omaha. The three Nebraska
national committeemen will go to St.
Louis prepared to submit a winning
proposition.
TILE long talked of railroad up the
North Platte river out of North Platte
now bids fair to materialize soon
enough to move nest fall's crops , and
the ' citizens arc therefore jubilant.
With a great railroad building out of
the city , an irrigation fair in preparation -
tion , and many new irrigation enterprises -
prises under headway , North Platte
bids fair to enjoy a great growth the
coming spring.
FIFTT representative Nebraskans met
in Omaha to organize an association
which shall generally unite all classes
of people in a system of work that shall
develop the industries of the state. 'Tlie
capital stock of the club is to be $200-
000 in shares of Si each The governor
of the state is to be the president.
There will be eight vice-presidents , the
two United States senators and the six ,
congressmen of the state.
SHERIFF E. A. IIALL of Hemingford
and Ed E. Clark , sheriff of Greeley ,
Colo. , were in Grand Island the other
day , where the former delivered to
Sheriff Clark a cattle rustler , who has
been a fugitive from justice for over
two years. The prisoner's name is
Charles loUiday , alias Kid Ilolliday.
Sheriff Hall and his deputy made the
arrest in one of , the northwestern counties -
ties and were compelled to face a revolver -
volver in the hands of the outlaw's
wife when doing so.
DAs Cr.Arl : was thrown from the
rear platform of a motor car near Lincoln -
coln and sustained what now appears
to be fatal injuries.
BEATRICE , looking for ways and
means to help the city exchequer , proposes -
poses placing an occupation tax upon
telephone and telegraph poles.
A PARTY of boys were skating on the
river at Plattsmouth when Ed Julious
broke through. He was very- near
deaths door , having gripped the ice
until almost gone , when -Merritt Kerr.
in and succeeded
'a companion , jumped
in getting the boy out. . Much credit
is due Kerr , as the accident happened
ner the center of the stream.
S.
Paid the Sugar Bonnty.
The Oxnard at Grand Island and the
owners of the Norfolk beet sugar factory -
tory have received warrants from the
state in payment of neatly 40,000
bounty. No appropriation 3yas made ,
by the legislature , but the sugar makers -
ers declared that they were authorized
to receive payment from the general
fund. Secretary of State Piper has
finally approved the claims. Auditor
3foore has issued the warrants and
State Treasurer Bartley has signed
them. 't'he holders tvi11 await their
turn on the general fund , which means
that the warrants have been registered
and are drawing per cent interest.
The act passel last winter provides
for the payment of a state bounty of %
of a cent a pound for all sugar manufactured -
factured in factories existing when the
bill became a law. While no appro.
priation was made , the act itself contains -
tains this section :
"When any claim arising under this
act is filed , verified and approved by
the secretary of state , as herein provided -
vided , he shall certify the same to the
auditor of state , who shall draw a warrant -
rant upon the state treasurer for the
amount due thereon , payable to the
party or parties to whom said sum or
sums are due. "
Acting under this section Auditor
Moore issued the warrants after he had
secured advice which satisfied him of
the legality of the transaction. On the
other hand the constitution provides
that no money shall be drawn from the
treasury without a specific appropriation -
tion , and the payment of bounty on
wild animals has always been stopped
when the appropriation became ex.
hausted.
Claims for bounty on chicory have
not yet been paid , although a representative -
tative of the factory atO'Neill has been
pushing the matter.
All the State Interested.
The committee in charge of the arrangements -
rangements for the second convention
of the Nebraska Beet Sugar association -
tion has issued a call for the convention -
tion , which is to be held in Fremont ,
February 5 and 0 , inviting the selection
of _ representatives as follows : The
gvernor of the state is requested to
appoint twenty delegates at large , the
State University , State Board of Agriculture -
culture , State Horticultural society ,
State Dairymen's association and State
Federation of Labor , ten delegates
each ; mayors of cities , five delegates
each ; villages , three delegates each ;
presidents of boards of trade and commercial -
mercial clubs , five delegates ; State
Normal school , private and denominational -
tional colleges , three delegates each ;
labor organizations , farmer's' institutes
and granges , three delegates each , and
irrigation societies or companies , three ,
delegates each. Editors of agricultural l
and irrigation publications and editors
of all newspapers in Nebraska will , on
presentation of credentials , be entitled
to seats in the convention. An invitation
tion is also extended to all present
members of congress , governor , state
and county officials and members of .
the legislature to attend as delegates.
A program will be presented , with
papers on the subjects , from a scienti-
tic , theoretical and practical stand-
point. The railroad companies have
signified their intention of making a
rate of one fare for the round trip.
Killed by his Wife.
Newcastle dispatch : Lewis Bokos-
kie , a well-to-do Bohemian farmer , was
shot and killed by his wife one night i
last week at their home a few miles
from town. News of the tragedy was
brought here by neighbors , to whom
the woman reported the deed.
Bokoskie , according to her story ,
canine home drunk and assaulted her
and the children. She tried to protect
herself and he threatened to loll her. .
She managed to get the shotgun and
fired on him at short range , inflicting
injuries which caused his death a few
hours afterwards. County officials were ,
notified and they went to the scene , I
where an inquest will be held.
The woman is a daughter of Mrs
Bird , a welth resident of Omaha. They
liatl four ehillrrd ( ,
Omaha Murderer Coirvlcted.
Omaha dispatch : At 10:15 yesterday
morning the jury which heard the case
against Claude II. Hoover returned a
verdict of murder in the first degree ,
inflicting the death penalty , for the
murder of Councilman Sam DuBois
Seventeen days ago today , in the
evening of December 13 , Claude H. 1
Hoover shot and kilted his brother-in- i
law , Sam DuBois , two shots taking ci-
feet in DuBois' left side , immediately
above the heart.
The shooting was the result of a
slight dispute between the two concerning -
ing a woman companion of Hoover's
sister , Miss Katie Brophy , who Hoover
claimed was not a fit companion for the
girl
Western Nebraska Fair.
North Platte dispatch : The great
question agitating people in this section -
tion at the present time is that of the
proposed western Nebraska fair. At
the meeting of the State Irrigation association -
sociation at Sidney , an organization
was formed for the purpose of holding
such a fair in this city. The state association -
ciation indorsed the idea and promised
all the aid in its power.
The president of the association is
Mr. W. L. Park , the division superintendent -
tendent of the Union Pacific at this
point , and an enthusiastic irrigationist.
The idea is to have a fair for the pro-
'ducts of irrigated Nebraska. The association -
ciation is'nomc figuring with Colonel W.
F. Cody , and if the deal on foot is consummated -
summated the fair'will be astrong rival
of the state fair in 'Omaha ' in 1S96. The
'colonel thinks of bringing his congress
of rough 'riders of the'world ° to this
city at thetime the fair is held
A model farm w111 be 'planted ' near
the fair grounds for the purpose of
practica1lyshowing the'benefits of irri-
gdtidn.
Bonaedm Aram Defeateir.
LINCOLN , Neb. , Dec. 30.-For the
fourth time the Reverend Bishop of
itLincoln lras been ' "knocked out" in
his fight in the'civilcourts'withFather
Murphy. At Tecumseh Bishop Bona-
; cuni appeared with an amended petit -
t tion in his temporary injunction pro.
1 ceedings against Father Murphy , in
which he sought to"restra.iu the latter
from retaining possession of St. An-
drew's Church property. Judge Bab-
cockteld that the new petition did
not state facts auflicient to constitute
; .c cause of action , and dismissed the
ur oeeedin rs.
THE COMMISSiON MEETS
FIRST STEP TOWARD Ig [ N
VENEZUELA
BUNDR Y > ; INE ,
IT FORMALLY ORGANIZES.
Justice Brewer of Kansas Is Chosen
President and All the Members Ez-
cept Mr. White Sworn In-The
Commission Makes a Formal -
mal Call on President
Cleveland.
WASHINGTON , .Tan. 0.-The members
of the Venezuelan commission , Mr.
White alone being absent , were at the
State department to-day and had an
important conference with Secretary
Olney. After exchanging greetings
with the secretary and with one another -
other , Secretary Oiney presented each
member a commission from the President -
ident , which , after giving formal notice -
tice of appointment , said :
"It is expected that the commission
will avail itself of all possible sources
of information , will apply to the mat.
ter all pertinent rules of municipal
and international law and will make a
report to the President of their cone -
e uslons together with the evidence
and documents submitted to and considered -
sidered by them , with as little delay
as is compatible with the thorough
and impartial consideration of the
subject to be dealt with. "
The language of time commissions
issued to the members so clearly defines -
fines their task that it left little to be
said by Secretary Olney on this point
and the feature of his remarks was
the explanation of the desire of the
government that the commission
should regard itself as entirely
independent of control in time pursuance -
suance of its investigation and as
master of its own procedure at all
times. At the conclusion of the conference -
ference with Secretary Olney the commission -
mission retired to the diplomatic room
to hold its first preliminary meeting ,
Secretary Olney tendering time service'
of his own private secretary , Mr.
Blandford , to act as recording secretary -
tary until other provission is made.
The session lasted about an hourand
at its conclusion a formal statement
of the proceeding , so far as it was
deemed proper to make public , was
given out. Justice Brewer was unanimously -
imously elected president of the commission -
mission and proceeded'to administer
the oath. Walker Blanford was appointed -
pointed clerk. Commissioner Coudert
moved that the matter of selecting of
quarters for the commission be left to
President Brewer and Commissioner
Alvey. Time motion was agreed to.
Commissioner Gilman moved that an
inquiry be made as to the best map ,
showing physical characteristics of
the country in question , which should
be reproduced in a convenient form
for the use of the commis-
sion. This motion was also
agreed to. Commissioner Gilman -
man was authorized to make
the inquiry. The commission then ,
upon motion of Commissioner Coudert ,
adjourned at half past 12 o'clock to
meet Saturday next at half past ten
o'clock , unless the President shall designate -
ignate another day meanwhile.
The commissioners , after adjournment -
ment , proceeded in a bodyto the
White house and paid their respects
to the President. It appears that in
the matter of selecting assistants and
officers the commission will proceed
with great circumspection mind particularly -
ticularly in the selection of a secre-
taryi for which place names of several
prominent persons have been men-
tioned.
N0 LONQgF A TERRITORY.
Utah Ihts Been Admitted to the Sisterhood -
hood of States.
SALT LAxF ; Utah , Jan. 6.-Manager
Brown of time Western Union Telegraph -
graph company fired two guns in front
of his office at 9:13 a. m. to-day as an
agreed signal that the president had
signed the proclamation ad nutting
Utahr as a state. At noon a salute of
twenty guns was fired by the artillery
on Capitol ] mitt. Many flags were displaced -
placed on the public buildings , but no
unusual demonstrations were noticed
on the streets. The entimsiasm is being -
ing held in check until Monday , when
the inaugural ceremonies will take
place. All the public business of the
territory has been closed ready for the
new order of things to be inaugurated
Monday. Governor Wells has been
busy most of the forenoon receiving
congratulations.
WASHINGTOx , Jan. 6.-TIme President
at 10 o'clock this morning signed the
proclamation admitting Utah to state-
hood. The proclamation is of the usual -
ual form. In regard to religion it
says :
"Whereas , Said convention , so organized -
ganized , did , by ordinance irrevocable
without the consent of the United
States and the people of said state , as
required by said act , provide that per-
feet toleration of religious sentiment
shall be secured and that no inhabitant -
tant of said state shall ever be molested -
lested in person or property on account
of his or her mode of religious wor-
ship. but that polygamous or plural
marriages are forever prohibited , and
did also by said ordinance make the
other various stipulations recited in
section three of said act- "
"Father BIN" Daly Takes a Bride.
HARTFORD , Conn. , Jan. 6.-William
'C. Daly , known to turfinen as 'Father
Gill , " has married Miss Ella ° O'Ma-
honey. The bride is 24years old and
the bridegroom upward of half a cen-
tury. Two weeks ago Mrs. Daly , his
former wife , obtained a divorce on time
ground of intolerable cruelty , and
faly was forced to pay $15,000 alimony.
140 Mmtuons for Pensions.
WAShnNGTON , Jan. 6.-The subcom-
'nittee of appropriations in charge of
the pension appropriation bill finished
: onsideratiou of the bill 'to-day. The
bill calls for $140,000,000 , a decrease of
' 1. . little over $2,00ij,000 from the esti-
niatessubmitted by the commissioner.
.
JOHN L. AND THE GOAT.
Ex-Champion Knocked Uut Again , This
Time by a Brute IIo Ilad Tormented.
CHICAGO , Jan. 6.-John L. Sullivan
has been knocked out for the second
time in a fair fight. It happened at
La Salle , ill. , last night.
Sullivan and Paddy Ryan are traveling -
ing with a dramatic company , another
member of which is a large billy goat
named Dan. Sullivan had great delight -
light in bantering the goat and watching -
ing the frantic efforts of the latter to
resent it. John would slap Dan , pull
his whiskers , and offer other indignities -
ties that fairly drove his goatship insane -
sane with rage. When he could think
of nothing worse , Sullivan would turn
him over on his back , where the goat
would lie helpless , his spreading horns
preventing him from turning over.
Then Sullivan would spit in his face.
Dan's feelings toward the et champion -
pion became such that he would snort
with rage at time very sight of him.
When the show was at La Salle , Sullivan -
livan was seated in a dressing room ,
near the stage , putting on his shoes ,
when the door opened , and Dan , who
was standing near by , tied to the wall ,
as usual , got a glimpse of hint. The
goat made a plunge and snapped the
rope. Before Sullivan realized that
he was in any danger the billy goat
had struck him with the force of a
trolley car , and the big fellow was
knocked into a heap in the corner of
the room. Sullivan tried to rise and
the goat gave him another butt. Sullivan -
livan lay on the floor and gasped.
A member of the company walked
in at that moment and Dan gave himn a
butt in the stomach that laid him out.
Sullivan had by this time regained his
wind and he let out a series of lusty
baw.s for help that brought enough
reinforcements to subdue Dan. Sullivan -
van for a time was wild with anger ,
and nothing short of the murder of
tl'c goat would satisfy him. He finally -
ly changed his mind , however , and
now says that Dan can whip any goat
on earth and he is ready to back him ,
A Tire Sentence Imposed.
Llxcor.x , Neb. , Jan. 1. . . - George
IVashington Davis , the negro convicted -
victed o wrecking a Rook Island passenger -
senger train near here August : r , 1591 ,
in which eleven persons were killed ,
was sentenced by Judge Holmes to
life imprisonment , the limit of the
law. Public opinion here is over-
whehnmgly in favor of the negro's innocence -
nocence , and the belief largely obtains -
tains that the Rock Island sought his
conviction in order to avoid payment
of damages to relatives of the victims.
Time case will be appealed at once.
Bull Fights for Chicago.
ATLAyTAJan. 6.-Chicago is to have
some genuine bull fights. The matadors -
dors and other "chores" that go with
the geuuine article and who have been
with the Mexican Village here , have
g one on to Chicago with Mark L.
o
Stone , who had the Gypsy Village
here , and it is Stone's intention to
give bull fights there and in other
Northern cities. lie says there is no
law against showing time bull fights.
Internal Revenue Collection ; .
LiAV-rxwolmTir , Kan. , Jan. G.-The
internal revenue collections for this
district , which comprises the state of
Kansas , Oklahoma and time Indian
Territory , for December amounted to
S1S,854. This is mbig falling off from
December 1894. .Ile amount derived
from oleomargarine stamps is the only
thing that held up. It averages $11-
000 a month in this district.
A Meeting of Manufactarera.
CIuCAGO , Jan. 6.-The National Association -
sociation of the Manufacturers of the
United States will hold its first annual
convention in this city January 1-3.
Over 900 delegates will attend this
convention , representing manufactur-
iug industries in this country , which
produce 600 billion dollars worth of
roods annually. The convention will
be strictly a meeting for bustmss.
Kurd Luck for a Glee Club.
CoLCUnx.i , 3lo. , Jan. 6.-'The Mis-
I sonri University Glee Club has returned -
turned from Its tour throngli Missouri
and Kansas. Two of its members
m walked to Columbia from Ilocheport.
From a financial standpoint the trip
was a failure. Houses were small s.nJ
veeeipts meager.
Itev. Nathaniel Clark Dead.
Boszox , Jan. 6.-Rev. Nathaniel G.
Clark , D. D. , LLD. , for nearly thirty
years prominently identified with the
f management of the American Board
of Commissioners of Foreign Missions ,
died at his home here to-day from
heart disease , aggravated by his advanced -
vanced age.
Shot 1114 Sister Dead.
ToI'EIt.1 , Kan. , Jan. 6.-While playing -
ing with a loaded rule last night , the
six-year-old daughter of George Van
Horn was shot dead by her brother ,
aacd nineteen. The young man didn't
know it was loaded and sent two bullets -
lets through leis sister's body.
Iiilled Ills Rival.
DAr.LAs. 'Tex. , Jan. 6.-Lee Shirley
shot Charles Moorehead to death on
1 Pacific avenue last night. He was
captured and placed in jail this morn-
ing. They fvere courting the same
young woman , and jealousy caused
the tragedy.
Short S3O,000.
MOUNT VERNON , Ill. , Jan. 6-The ;
statement of the shortage of Albert
Wadeassistant and absconding cashier
of time First National bank of this city ,
places it at $50,500. It is rumored that
Wade has joined the Cuban army.
Times Too Hard for a Grand Jury.
AnhI.Exn , ICan. , Jan. 6.-Judge
James Ilumphrey leas issued an order
that no grand jury should be drawn
m for this county for time coming term of
court , owing to the hard times.
heading Factory Burned.
Porr.AI : BLUFF , Mo. , Jan. 6.-The H.
Alfrey t C Son heading factory , together -
gether with machinery and stock ,
burned this morning at 11 o'clock.
Loss , $40,000 ; insurance $3,000.
m
iC2rza , the 3Iexican , Fifihting for Ciba.
4 'f x IPA , Tin. , Jan. 6.-Catarino
Garza. the famous Mexican revolution-
i is ; has joined time Cuban patriots.
. , . , _
Yt. w v' ry.vsTS + w - ' -
PEEH BY S IIERlIA : N.
THE OHIO , SENATOR TALKS ON
TE FINANCES.
A Mixed Crltckiim ! and Approval of Presl-
dent Cleveland-Trnubicsof the Treasury -
ury Attributed to the Adoption of the
Wilson Tariff Lase-Suggestlons for
Iteforminr the Currency-Other Matters -
ters In the Senate.
Sherman on Flnaacea.
WASIIINGTON , Jan. 4.-Senator Shcr-
man to-tiny addressed the Senate on
the resolution introduced by hint a few
days ago relative to time restoration of
the gold reserve. He began by asserting -
ing that , while Congress would support
' the President in maintaining the honor
and integrity of our country in the
field of diplomacy , it will not approve
hiIreconnnendation on the more important -
portant subject of ourfinancial policy ,
and especially of our currency. Continuing -
tinuing , he said :
"Time President has mistaken the
cause of our present financial condition -
tion in attributing it to the demand
for gold instead of to time deficiency of
revenue caused by time legislation of
the last Congress. lie proposes as a
remedy the conversion of time United
States notes and treasury notes into
interest bearing bonds , thus increasing -
ing time interest bearing debt nearly
$500,000,000. lie proposes a line of
public policy that will produce a sharp
contraction of our currency , add
greatly to the burden of etisting
debts and arrest the progress of almost
E every American industry which now
I competes with foreign production. "
Senator Slmerimuin read from Secretary -
tary Carlisle's report to show that
prior to 18'91 time demand for coin for
United States notes during a period of
tlurteen years from July 1 , 1879 , to
July 1 , 1892 , was only $1i,310,890 ,
while the receipts of gold for United
States notes during time same prior
period amounted to $160,000,000 'I'lie
withdrawals from time treasury from
July 1 , IS92 , to December 1 , 1805 , have
amounted to $360,266,512. During time
first term of Mr. Cleveland , when he
was powerless to affect our currency
and tariff policy , the Senate being Ito-
i publican , the gold increased from
$ 40,000,000 on April 1 , 1855 , to $3x0-
000,000 on April 1 , 1889This gold
, came into time treasury without cost
' in exchange for United States notes
or gold certificates. Mr. Carlisle attributes -
tributes time withdrawal of gold to
silver legislation , yet the Bland-
Allison act was in force from 1878to
1890 , when the accnnmulation of gold
occurred , and the great body of gold
i was withdrawn after the act of July
14 , 1890 , was repealed.
In view of these official facts can
any fair minded man have a doubt as
to the cause of our financial condition :
What other cause can bestated than
'that unwise legislation reduced our
revenues below our expenditures , impaired -
paired confidence in our ability to
maintain our currency at par and compelled -
pelled the government to sell bonds
provided for time redemption of United
Strte notes in order to meet deficien-
, dies ? What other remedy is there for
' our tnancial difficulties except to borrow -
row money on the best terms possible
to pay current deficiencies and to provide -
vide additional revenue for future
wants ?
To this extent and for these purposes -
poses I am willing to support this administration -
ministration , howevermnucim I may disagree -
agree with its general policy.
I tlo not wish to criticise the sales of
bonds authorized by the resumption
act to meet these deficiencies. Under
the circumstances the administration
was justified in doing this , even to time
impairment of the resumption fund ,
but it ought frankly say that the
cause of the invasion of the resumnp-
tiou fiord was the deficiencyof revenue
created by faulty tariff legislation by
the last Congress. Time true romcdy :
is to supply by taxation in some form
ads ? ? ± ; nntal rresnue. Ond , until this
can be effected , tb borrow from time
people of the United States enough
money to cover past and future de-
ficiencies. This done gold will readily
be exchanged for United States notes ,
as was done from January 1 , iS7o to
the election of Mr. Cleveland.
Time two defects in existing law relating -
lating to redemption , are mentioned
by the President. First , that the
notes presented for redemption must
be reissued. It seems front the newspapers -
papers that he has found the power to
hold notes redeemed until they can be
exchanged for coin , a discovery that
he should have made sooner. Second ,
that the resumption fund is a part of
the general balance in the treasury
and may be applied to current ex-
penditures.
"Congress neglected to cure the defects -
fects pointed out by me as Secretary
of the Treasury in 1880 , but I hope
will correct them now at time request
of the President. It was not then anticipated -
ticipated that a deficiency of revenue
would occur or that , if it did occur ,
the government would use a fund
specifically pledged for another purpose -
pose to meet current liabilities.
"The President is of the opinion that
the United States notes and treasury
notes should be retired and give place
to bank notes. This is a question for
Con'ress to decide. It is certainly not
of that opinion now , nor was the last
Congress of that opinion.
" 1 believe that , under existing law ,
the aggregate stun of United States
notes and treasury notes issued under
the act of 1590 , amounting to about
5.160,000,000 , can be easily maintained
at par with coin if the two amendments -
ments I have mentioned are adopted
by Congress.
"A careful study of the system of
banking currency and coinage adopted
by time principal nations of Europe
convinces me that our system , when
eared of a few defects developed by
time , founded upon the bimetallic
coinage of gold and silver maintained
at par with each other with free na-
tioral banks established in every city
and town of importance in the United
States issuing their notes secured be-
vend doubtby United States bonds
or some equivalent security redeemable -
ble on demand in United States notes ,
and time issue of any amount of United
States notes amid treasury notes.
equal to the amount now outstanding
with provision for a ratable increase
with time increase of population. always -
ways redeemable in coin supported by
an ample reserve of coin in the treasury -
ury not to be invaded by deficiencies
of revenues and separateLl by the snb-
A
w
i as- . I
.
1I 1 I
r-
ri
treasury system from all connection
with the receipts and expenditures of
the government-such a system would
make our money current in eonuner- ' ' '
eial circles in every land and clime , .
better than the bestthat now exists in.
.Europe , better titan that of Great
Britain , which now holds the purse-
stringsof the world.
'I may on some proper occasion ,
hereafter give the reason for my faith
in our present financial system. AU t
ask now is that you will not disturb it 3
with your deficiencies ; you will not.
rob it of its safeguards ; you wilt not. ;
return to the days of wildcat money ; .
you will not lessen the savings of prim- ,
dent labor or the accumulations of the
rich. Time makes all things oven.
Let us give to the executive authorities -
ties ample means to meet the uppro-
priutiotis you have made , but let as.
strengthen , rather than weaken , our
monetary system , which lies at the
foundation of our prosperity and.
progress. "
Mr. Mills replied to Mr. Shernman's.
tariff arguments , asserting that the
McKinley bill bred the original deficit.
Mr. Elkins next spoke. lie said the i
House bond bill was intended to meet.
an emergency. There was no reason ,
ho said , why the President and Scere-
tart' of the Treasury should beallowed.
to sell bonds without advertising , saying -
ing that they should not be given a
prrvuegc tivhici would not be granted
to private individuuls in ordinary af-
fairs. Ile criticised the last bond
issue , claiming that the commission.
was too great. lie saw no reason why
loans should not be floated at home. ,
Mr. Elkins thought the people were-
as likely to buy from the government.
as front a syndicate , timid considered 1
the syndicate superfluous. 'r'te I'res- {
ident should take the people into lmis.
confidence. lie asked for a vote on
his resolution , saying it was ( urgent
because there was danger that time-
bonds would soon be issued. ,
Dlr. Hill moved to refer the resoli-
tmon to the finance committee. Ile
tlmought there was no question as to.
time propriety of time reference as the
finance committee had the subject before -
fore it in the House bill. The committee -
mittee lead , he said , adjourned until
'Tuesday , the question could be considered -
sidered carefully between now and
then. lie asserted that there was.
more than a single question involved
in this proceeding. 't'Ite question.
of whether bonds should be sold att
public or private sale should go with
the bill now under consideration by
the committee. The Senate resolution.
would carry no weight. It was only
an expression of the aenatc alone. It.
was expected to have some weight
witlm time executive but he did not
know that it would.
Mr. Elkins' motion for consideration
( not passage ) of his resolution for public -
lic advertisements for bonds , passed
the Senate-48 yeas to 5 nays. mays :
Brice , Cutlery , Mitchell of Wisconsin , 1
Murphy and Hill.
FOR COAST DEFENSE-
Urgent Appeals for I'rotcctlon From ,
Atlantic and Pacific Coast Citie r.
r
W'ASiIINGTOX , Jan.Senator quire 1
leas called a meeting of the committee
on coast defense of the Senate for today -
day for time immediate consideration
of his bill on fortifications and coast
defenses. Petitions to Congress are
pouring in from Charleston , Savannah ,
Galveston , New haven and other m
cities on the Atlantic coast , and situ- t
ilar action is being taken in Seattle , i
Portland , San Francisco and San 1
Diego , on time Pacific coast. ,
Sugar I'rlccs Advance.
CInCAGO , Jan. 4.-Time effect of in.
cendiarism in time sugar cane fields of
Cuba by tlme insurgents has reached
this market with greater force than
that noted last week , and sugar is on I
the upturn. The net advance this week
has been a quarter of a centa pound. ,
Conservative dealers are predicting m
further advance of fully a half cent
and others look for an upturn of a
cent. ' 'ime latest report is that the
Cuban crop is rapidly passing away in t
smoke. m
}
A Philadelphia Failure. ,
PIIILADELPIIIA , Jan. -The Solicitors - d
ors Loan and Trust company of this
city , of which Itichard W. Clay is , i
president , made an assignment to-day
to Colonel T. DeWitt Cuylcr , one of
the directors. The Solicitors Loan
and Trust company has asset of i
about $1000,060 , most of which is
tied np in Western mortgages. It was
founded in 1856 with a fullgmaid capital -
tal of $ ; 00,000. Its stock recently
dropped about $10 a share.
)
Fred Close \ti'auis the Tr apeta : 1' resy.
'forth.t , Ilan. , Jan. -Colonel
Fred Close has commenced a rrplewhi ,
action for possession of time 'Topeka
Daily Press on a claim of $1.500.
Blakesley & Ruggles will give a rc-
delivery bond and tight the case on the
ground that the claim is illegal. Colonel -
o
onel Close wants to get trod of time
Press and run it as a Populist paper. ; .
i
P. D. Armour Buying Up Corn.
OMAHA. Neb. , Jan. 4.-P. I ) . Armour
is said to be buying and cribbing corn i
in Iotva and Sebraska. Armour's- >
agent in Omaha is George Lyon. Lyon i
said it was true that Armour was buying -
ing corn in this State and in Iowa and '
storing it to await a better price , as a-
speculation.
I'ensloiin fur dlr.
WASHINGTON , Jan. 4.-Congressman
Blue of Iiarsas wants to pension a'.L = ,
r all old soldiers who have been honorably
I ably discharged and who have S
reached the age of : ; .3 years. IIo intro-
troduced to-day a bill to give each old
soldier who meets the requirements.
Si _ a montim. hi
tlutisfleld to ( muit the Stage.
WASItIxGTON , Jan.4.-Richard Mans-
r Geld formally announced his determin- ,
ation to retire from time stage and go. 1
Oh the lecture platform at the con-
elusion of his performance in the La- ;
! layette Square theater last night.
L'ankers ArrcttctL
ATCIi1SON , Kan. , Jan. 4.-J. M. I.ol , i
bins , president , and N. F. lien , cash-
icr. of the State bank of Ever.-L S
which failed some time ago , were-
arrested yesterday on a charge of re t ,
ceiving ( posits when the bank war . ,
known to be in a failing condition.
, I
William Richard of Kansas City , 1
bro. , was tirowncd in the Osage river
at Shipley s Shoals byhis skiff.capsiz-
in . 1
'rt '
f