The McCook tribune. (McCook, Neb.) 1886-1936, December 22, 1899, Image 3

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

    Gverstreot Opens the Great Oratorical
Contest in the House ,
BOLiVER'S SPEECH THE FEATURE
It l Characterized by Some Wit Do
ArnonU of niUxourl on the Democratic
Side Othcru Who Took u Hand in tlio
Dobuto Xoxr Fairly Inuugurutcd.
WASHINGTON , Dec. 12. The feat
ure of the opening day of the debate
the currency bill in the house was the
speech of Deliver of Iowa. It was char
acterized by .ill the wit and eloquence
1'cr which the lowan Is noted and held
the members without regard to party
for mere than an hour.
Deliver declared that the last doubt
of the republican party as to the wis
dom of enacting the gold standard into
law had been resolved by the experi
ence of the bus.necs during the past
three years.
Do Armond of Missouri was the
heavy gun on the democratic side. He
warned the republicans from the west
that they could not deceive their con
stituents in congressional elections by
claiming that they had yielded to the
wishes of their colleagues in caucus.
Overstreet cf Indiana opened the de
bate in support of the bill and Maddox -
dox of Georgia replied to him.
Mclellan of New York was the only
other speaker today. He announced
his opposition to the bill on the
ground that it would contract the cur
rency , extinguish the bank notes and
enhance the value of coin bonds. He
appealed to those of his democratic col
leagues from New York , who , it is re
ported intend to vote for the bill , not
to do so.
Representative Overstreet in opening
said :
"Mr. Speaker : This country presents
Ihe anomalous situation of being the
absolute and unchallenged leader in
almost every field of advanced thought
whether in science or literature ; cer-
tai/ily the most advanced in material
development and the control of trade ;
by far the superior in manufactures
and growth of markets , and yet it is
the field of great controversy upon the
subject of the standard of value and
the proper media of exchange.
"Notwithstanding there have been
occasions when serious doubt clouded
the situation and produced grave fears
lest the entire fabric of our monetary
system might be seriously shaken , yet
it is to the great credit of the govern
ment that every dollar of our money
in circulation is absolutely sound and
unquestioned. This condition has led
many people into the erroneous belief
that there was no need for legislation ,
and that the best the government could
do would be to let the subject alone.
Such people are not familiar with the
frequent pledges of the government to
maintain the parity of our money , de
claring by congressional acts the hon
est purpose of the government to faith
fully and surely guarantee the full
parity of all money in circulation. The
present parity depends entirely upon
such declarations and garantees , but its
T maintenance and enforcement rest with
the judgment or caprice of the secre
tary of the treasury , who , by a single
order , directing the use of silver in the
discharge of our obligations , may com
pletely destroy the parity , and shift the
standard to the metal so used. "
He then proceeded with an elaborate
argument against a double standard
and a general review of our monetary
legislation.
"The tremendous increase of silver
coin under the operation of the laws
of 1S7S and 1890 , " he continued , "cre
ated a doubt as to the ability of the
government to maintain the parity of
all its money. " *
After an elaborate exposition of the
features of the bill and the method of
their operation , which followed the line
of his report on the measure heretofore
printed , Mr. Overstreet said :
"The proposition to allow national
banks Id issue circulation to the par
value of the bonds deposited for their
security is neither new nor partisan. It
has been raised by four presidents and
five secretaries of the treasury , and
bills containing such provision have
been introduced in congress and sup
ported by members of both political
parties. It is entirely consistent with
the present banking system. The same
reasons which justify the issue of 90
per cent of the bonds will justify an
issue to the par value of the bonds. The
only objection advanced , aside frdrn
that of demagogic attack , generally ,
upon banks , is that it permits too
large an increase of the volume of cir
culation and threatens an inflation. But
it is unfair to compare the amount
possible under the proposed bill with
the amount of bank notes now in cir
culation. The profit upon bank note
circulation because of the tax has re
duced such circulation far below the
amount ever expected , and such reduc
tion can be creditably charged to 3
contraction which was equally unex
pected.
HITS ENGLAND HARD RAP.
Dublin's Mayor Slioots Home Truth
About the War.
DUBLIN , Dec. 12. Lord Mayor Dan
iel Tallon presided at a meeting of the
corporation today , called to protest
against the Transvaal v/ar. The clerK
announced there was no quorum , but
the lord mayor insisted on making a
/statement in which he declared that
the war was a "wanton and unpro
voked aggression undertaken by Mr.
Chamberlain and capitalists , against
a handful of farmers. "
He further declared that America
was opposed to this "iniquitous war. "
In the meantime the members pres
ent shouted "no quorum , " and "order"
and the tumult in the galleries
drowned all the speeches. Eventually
the lord mayor left the chair , with r !
the galleries cheering for President
C
Kruger. No attempt was made to
adopt the previously prepared resolu ?
tions against the war. ii
trRl
Ncbi skan Blows Oat Gas. Rly
KANSAS'CITY , Dec. 12. B. L. Atwater - Rln >
water is ai the city hospital and will n
probably die as the result of inhaling Jln
illuminating gas. Atwater is a young n
man from Sterling , Neb. Hs regist ai
ered at the Tremont house on West tcA
Fifth street Sunday night A
GATACRE EXPLAINS ' HIS LOSS.
Biij'8 Ilocr Onus Wore Well Served on JIIii
lletrjiUJnsr : 1'orcp.
LONDON , Dec. 13. The war office
has received the following from Gen
eral Forestler-Walkcr :
"CAPETOWN , Dec. 12. Gatacre re
ports as fellows :
" 'The Idea to attack Stroraborg
seemed to promise certain success ,
but the distance was underestimated
by myself and the local guides. A
policeman took us around for some
miles and consequently we were
marching from 9:30 : p. m. till 4 a.
m. and were landed in an impossible
position. I do not consider the error
Intentional. The Boers commenced
firing from the top of an unscalable
hill and wounded a good many of our
men while in the open plain. The
second Northumbcrlands tried to turn
out the enemy , but failed. The Second
end Irish Fusileers seized a kopje near
and held on , supported by the mount
ed by the mounted infantry and Cape
police. The guns under Jeffreys could
not have been better handled. But I
regret to say that one gun was over
turned in a deep mullah and another
sank in quicksand. Neither could be
extricated in the time available.
" 'Seeing the situation , I sent a dis
patch rider to Moltcno with His news.
I collected and withdrew our force
from ridge to ridge for about nine
miles. The Boer guns were remark
ably well served. They carried accu
rately 5.000 yards. I am holding Bush
man's Hoek and Cyphergat. Am send
ing the Irish Rifles and Northumber-
lands to Sterksstrom to recuperate.
The wounded proceed to Queenstown.
The missing Northumberlands num
ber , 3CG , not 30C , as previously report
ed. "
UNMASK THE BOER POSITION.
British Artillery Succeeds In Locating
tie ! KiitMiiy.
MODDER RIVER , Cape Colony. Dec.
12. The naval 1.7-inch gun again took
up a position north of the camp this
afternoon , while the howitzer battery
was posted southeast of the left of the
Boers. Both opened a hot fire with
lyddite shells and shrapnel , to which
the Boers sharply replied with a dozen
guns , thus unmasking their position ,
whic hwas the object of the British
maneuver. After an hour's fighting
the Boer guns were silenced. The
howitzer's swept the trenches , and
then threw shel lafter shell upon the
hills , the explosion of the lyddite caus
ing the whole ground over an extens-
ive area to rise in the air in dense ,
brown clouds.
A Boer long gun was dismantled.
It now appears that the Boers intend
that the next fight is to take place
at Magersfontein. Apparently Spey-
fpntein is not defended or the Boers
are unwilling to unmask their position
there asthe replies to he British artillery -
lery were all from guns at Magers'Ton-
iein.
BRYAN'S OPINION Of BILL.
Gold Pleasure Should Ito Defeated lie-
cause It in Bad.
AUSTIN , Tex. , Dec. 13. In an in-
terview today Mr. Bryari expressed
himself upon the financial bill now
before the house. He said :
"Following in line of the president's
message , congress is at present con
sidering a bill that is an extiemely
bad measure. I refer to the financial
bill now under cousideration in the
house. It is a part of the gold stand
ard people's plan , and I hope that it
will be defeated , it should never ba
permitted to pass the house , because
it is not in the interest of democracy. ' '
MANY PRESSING TO BE HfARD ,
Democrats Ask for Night .Sessions to
Discuss Currency Bill.
WASHINGTON , , Dec. 13. The de
bate on the currency bill continued in
the house today. Owing to the pressure -
sure for opportunity to speak on the
democratic "side Mr. Richardson , the
minority leader , asked that night ses
sions be held for the remainder of the
week , but this was demurred to and
it was finally agreed that night sessions -
sions for debate should be held Wed
nesday , Thursday and Friday.
Mr. Grosvenor of Ohio was the first
speaker today. .
Five Thousand People Lost.
I
SAN FRANCISCO , Dec. 13. The Bul
letin says : The disaster that overtook
ae island of Ceram on the Sd of No I
vember cost the people the loss of im
mense property. The steamship Amer
ica Maru , which arrived yesterday
from the Orient , brought advices from
Ceram and reports that 5,000 people
were destroyed on that island alone
when the dreadful earthquakes of No
vember shocked the Japanese coast
and agitated the islands adjacent to
lae empire.
Neptune Not a Robber.
CHEYENNE , Wyo. , Dec. 13. Ed
ward Neptune , the ex-employe of the
Pacific Express company who was ar
rested for the robbery of the Cheyunnc
office of $6,400 , was releaced today.
The detectives are now completely
baffled. Officials of the company say
the matter will not be dropped and
rather than permit the robber to go
unpunished , thousands of dollars will
be spent if need be , in an effort to j-
capture him.
Investigating Two Senator. * .
WASHINGTON , Lee. 13. At the
opening of today's session of the sen
ate resolutions were reported favor
ably from the committee on contin
gent expenses authorizing the commit
tee on privileges and elections to pro
ceed with investigations of tne elec
tion to the senate of W. A. Clartc of
Montana and N. B. Scott of West Vir
ginia. The resolutions were adopted.
Stiiiley Holds tlie
WASHINGTON , Dec. 13. Sec
retary Hay has cabled to United States
Consul Stanley Hollis at Lorenzo Mar-
quez ' , Portuguese East Africa , direct
ing him to proceed to Pretoria and
take charge of the United States con
sulate there upon the departure of
Mr. Macrum. This will obviate the . '
necessity of accepting the services of
Mr. Atterbury , who had been desig
nated : by Mr. Macruni to take his place.
Mr. Hollis will serve as consul at Pre
toria anly until the arrival there of
Adelbert Hay.
ALL ABOUT
The Oollcctioa and Tabulation of Import
ant Data.
PRELIMINARY SCHEDULE PREPARED
The Nil me * of Corporation * and Individ1
uttlfl Owning IMtchcs or Cannlfl Wanted
Special Effort of tlio Olvlxlou of
Agrlculturo of tlio Tivolfth ConstJ * .
A special effort will be made by the
Division of Agriculture of the Twelfth
Census of the United States to collect
and tabulate important data relating
to irrigation in the arid and semi-
humid regions of the United Statea.
A preliminary schedule has been pre
pared and will soon be sent out to
obtain the names of Corporations an'J.
Individuals owning canals or ditches.
This is one of the essential steps for
securing desired information regard
ing the extent and value of the canals
and ditches used for irrigation , and
their sources of water supply.
In the preliminary schedule a re
quest is made for the names of the
principal canals or ditches in their
order down stream , the ditches to the
right ( looking down the stream ) be-
injr arranged on the first page of the
list and those heading to the left on
the last page. Request is also made
for the name and postoflicc address
of some person who can give detailed
information concerning each ditch.
The principal schedule now in
course or preparation will be mailed to
the addresses thus obtained calling
for further data , which will be supple
mented by detailed statistics gathered
] Jt- -h , . - os enumerators.
It should be noted by all Interested
ii o . t timt tnese various in
quiries of the census office in no way
connict witn ; or duplicate the work ,
with . reference to irrigation which Is
being conducted by any other depart
ment of state. The most nearly re
lated inquiry is that of the geological
survey , which , like that of the census ,
is under the more immediate protec
tion of Mr. F. H. Newell , the special
agent for irrigation in the eleventh
census : , and hydrographer of the geological
logical survey. The fact that Mr.
Newell has supervision of this work
in the twelfth census guarantees its
efficiency and value to the arid and
semi-humid regions.
It will be readily apparent that the
will depend very largely upon the at
tention and interest shown therein by
J
those engaged in irrigation and it is
earnestly hoped that all to whom the
schedules are addressed will appre
ciate the importance of the request
and , make prompt and careful reply.
In this way only will it be possible
to make the information concerning
irrigation i full and complete.
In order to obtain a full understand
ing and an intelligent appreciation of
the possible development of the arid
and semi-humid regions of the west , a
general knowldege of the progress act
ually made is of vital importance. An
accurate census of irrigation will im
part such general knowledge , and will
be of great benefit to all those con
cerned in redeeming arid lands. The "
future development of this vast portion
tion of our domain will be greatly ad
vanced by a comprehensive complcation
of facts relating to its irrigation , such
cn contemplated by the twelfth census. S f
Exam"nation of Dinsmore. *
NORTH PLATTE , Neb. , Dec. 14.
Sheriff Funk of Kearney arrived here
to take Frank H. Dinsmore to Buffalo
county for his preliminary trial for jj
murder of his wife and Fred. Laue at i
Odessa. Arriving at the jail , Dins-
found seated in B
more was one corner
of his cell , eating his supper. He
wanted to get away from the jail , as
he was dissatisfied with the food and
.
the associations , there being nine
other prisoners incarcerated. He was P
very calm and manifested no evidence of
of fear. When asked what he thought ofT
about returning to Kearney he replied : T
"I am not worrying about it. I am tt
ready : to go any time and am willing tl
to risk It. If anything is going to P
happen , I am helpless to prevent It. ai
All I ask is to have a square deal and aiCi
am sure of proving my innocence. " fc
When asked If he had seen Mrs.
Laue's statement he answered : "Yes ,
a
have seen the newspaper account of ty
it and it is not true. I cannot under tyN
stand why she should make such state lo
ments , for I never did her any wrong. " ec
sc
In Memory of M. Xi. Hayward. at
NERASKA CITY , Neb. , Dec. 14. th
Exercises in memory of the late Sen thSi
ator M. L. Hayward were held in the SiH
district court. The entire Otoe county H
bar was in attendance and many citi vl
zens , completely filling the court room. tb
Oil the wall behind the judge's bench tbw
was a large portrait of. the late sen Pi
ator , draped with American flags. Resolutions
ui
olutions paying tribute to tue worth uiw
of the departed as a lawyer , judge and
PC
legislator , his honest record in public
and private affairs , his loyalty to his
friends and his nobility of character ,
were unanimously adopted and ordered
spread upon t e records of the court. ui
Eulogies were pronounced by Judge in
Paul Jessen and other members of tae ca
bar. or
ra
ram
Asks for an Opinion. m
LINCOLN. Dec. 14. Deputy Insur ofHi
ance Commissioner Bryant has asked Hi
the legal department of the state for in
an opinion as to the fee that should be
be charged for licensing companies to vs
do a miscellaneous insurance business as
in this state. There is some difference the
of opinion as to whether , under the m
Weaver lav. ' , the fee should be | 50 pa
or ? 100. tibj
Adjutant General Barry has mustered bj
the reorganized Madison company into
the National guard service.
The resignations of Charles C. Clerk ,
Harry D. Mitchell and Arthur B.
Ryons. members of Company F of the In
Second regiment , were accepted by the ac
adjutant general. ge
in
Fire on Turner's Ranch. a
FREMONT , Neb. , Dec. 14. The big ka
T.'arn en Turner's ranch , a few miles law
vest of the city was discovered to been ot
on fire , and was completely destroyed , for
with all its contents. The cause of but
the fire is unknown. The barn con eo
tained one horse , ten sets ot harness se
and about 1,000 bushels of grain. The lai
iotal loss is about § 80 * . ? ? 5
THE STATE'S SCHOOL MONEY.
Superintendent Juck.ioii Shows the Ap
portionment for Six Month *
LINCOLN ) Dec. 16. State Superin
tendent Jackson has issued his semiannual -
annual statement showing the appor
tionment of the school money for the
next six months. The rate per scholar
was $0.785 , while for the corresponding
period last year the rate was § 0.097.
This decrease is due to the falling off
in : the temporary school fund. The
whole number of school children in the
VS
state is 372,745 , while for last year the
number was only 3G6.069. The money is
apportioned among the various coun
ties as follows :
I\o. of Amount
County. Scholars. Due.
Adams . 7.033 $5.527.7"
Antelope . J.151 3.2I8.2S
Banner . 3S1 99.37
Blanc . 1U3 12S.OS
Boone
Box Blltto . 1.M2 1.211.G3
Boyd . . . 1.971 1.548.71
Brown . 1.22' ! U * .3S
Buffalo . 8.1SO O.W5.SI
Burt . 4.5fi > : : .58C.J5
Butler . .Vi'IJ I.3S2.4S
Cass . 7.C70 ttfl2G.6S ;
Cedar . -l2 : ! < ) : ; , : :9U3 :
Chase . 9R 777.11
Cherry . 13HI 1.210.S4
Cheyenne . 1.321 1.010.33
Clay . ti.OtJS 4,707.02
Colfax . I.1G1 3.307.58
Cumins . WrrJ 4.283.M
Custer . 7.727 fi.07I.47
Dakota . 2.2(77 ( 1.781.29
Dawes . 2.21S 1.7.279
Dawson . 4C5t
Doliel . 733 r,75.9t ;
Dixon . 3.S01 2SC.C ! ) < i
7.870
Douglas 42.320 X5.252.S2
Dundy 801 029.39
Fillmorc 5.673 4.457.
Franklin 3.392 2.665.26
Frontier 3.3S7 2.C61.33
Furnas 4.637 3,643.51
Gage 10,40 : ; 8.321.27
Garlield Oil 300.0. )
Gosper 1,9S > > 1.502.07
Grant 19S 135.5S
Grcoley 2.152 1.690.93
Hall C.1011.796.20
Hamilton 5.112 4.016.74
Harlan 3.56S 2,80355
Hayes S55 731.18
Hitchcock 1.774 1.39,5.92
Holt 4.252 3,341.01
Hooker 55 4:5.2. : !
Howard 1,091 3.214.49
Jefferson f 63.42.7C ) ! : {
Johnson 1.0-19 3.1M.49
Kearney - . 3.857 3no.63 : ;
Keith 715 561.S1
Keya Paha 1.070 S10.75
Kimball . ' 317 191.0S
Knox - . 5,13 : : 4.033.24
Lancaster 20.93'I ' IC.445.C9
Lincoln 3.9)3 ) 3.09S.20
Logan 301 2.5S.87
Loup -141 846.52
Madison G.OSI 4.7S0.49
McPherson 93 73.0S
Merrlck 3.016 2.393.:5i : !
Nance 2.792 2.I93.S1
Nemaha 5.297 4.162.11
Xuckolls 4.5ir 3.586.91
Otoe 7.20' ) 5.G61.43
Pawnee 4,093 3.fHG.07
Perkins 535 436.05
Phelps 3.SS5 3,052.63
Pierce -2.917 2.292.0 J
Platte 6,554 5.149.79
Pollc I.O. 3.1S7.7S
Red Willow 3,4iS ; 2,724.97
Richardson 7.072 3.556.81
Rock 1.03. ; S11.04
Saline 7.101 3.57U.39
Sarpy 2.912 2.2'-S.10
Saundere ; S.23I 6.463.56
Scotts ( Bluff 7S9 619.JI6
Sewurd < 5.620 4.115.90
Sheridan f 211 1,737.29
Sherman 2.641 2,075.16
Sioux 62S 493.45
Stanton 2.670 2.(97.95 (
Thayer 3.246 4.122.0"
Thomas ISO 141.44
Thurston ' . 1.97S 1.35i.'Jl
Valley 2.868 2.253.53
Washington 4.676 3.674.10
Wayne 3.435 2.699.04
Webster 1.30S 3,3S5.ro
Wheeler 427 335.52
"WY
York 6.091 I.755.9H
Totals 372.745 ? 292SS3.39
The certificate of the state treasurer
shows that the money was derived as
sif
follows :
State : tax ? 77.333.72
Interest on United States bonds. . 300.00
Interest on state bonds 4,520.00
Interest on county bonds 72.520.03
Interest on school district bonds. . 677.49
Interest on school lands sold 6S.017.0S
Interest on school lands leased. . . 53.354.31
Interest on saline lands sold 1.403.00
Interest on saline lands leased 1.520.00
Interest on state warrants 12,555.56
Peddlers' licenses S9.40
Buffalo County National bank. . . 301.00
Total amount * 2a3SS3.r.9
Successor of tTtidge Allen.
LINCOLN , Neb. , Dec. 16 Governor
Poynter < has appointed Douglas Cones
Plainview to succeed Senator Allen
judge of the Ninth judicial district.
There was very little competition for
the place and as soon as the resigna
tion of Senator Allen was received the
performed good service for tne fusion
appointment was announced. Douglas
Cones is a democrat and as such ha * >
forces in his county.
Mr. Cones in the son of W. M. Cones ,
banker , and was born in Scott coun
, Iowa. April 26 , 1865. He came to
Nebraska with his parents in 1875 and
located in Cuming county. His early
education was received in the public
schools of that county. After gradu
ating from Oberlin college he began
the study of law with the firm of
Sullivan & Reeder in Columbus and
was admitted to the bar in May , 1889.
He took up the practice of law at Plain-
view where he has since resided. In
the fall of 1889 and two years later he
was ; elected prosecuting attorney for
Pierce county , which position he held
until 1894. It is announced that he
will name A. 0. Williams as court re
porter.
:
LINCOLN. Neb. , Dec. 16. Acting
upon the suggestion of Major Persh-
ing , U. S. A. , late commandant of i
cadets , the university board of reg
ents has approved the movement to al
raise funds for tue erection of a me
morial tablet in honor of the students
Sl
the institution who gave up their tr
lives in the service of their country trn
the late war. A subscription will
8J
started at the university and tne
various alumni associations will be ,
n
asked to contribute towards defraying , nPI
expenses of erecting a tablet or til
monument. Major Pershiug accom- be
pained his suggestion by a subscrip de
tion < of § 50 , which hase been accepted
3i
the board of regents.
Must Pay a License Fee.
in
LINCOLN. Neb. , Dec. 16. Deputy
Insurance Commissioner Bryant has su
st
accepted the ruling of the attorney
general's office and will hereafter charge ac
insurance companies desiring to do ye
dt
"miscellaneous business" in Nebras
a license fee of § 50. The Weaver
in one section provides that "every
ather company shau pay a fee of § 100
depositing a copy of its charter , " na
makes no exception of miscellan pa
eous companies. However , in another igN'i
section the law provides that miscel N'i
laneous companies shall pay fees of ai
50. ira
Is is in the Neighborhood of Quo and a
Half Millions
WARRANTS THAT ARC OUTSTANDING
Hut AMtf.o Chnn ) In tlio Stutui of tb
I'Viur Kduciitloiiul FundiVlntt llio
Coiiittttitlon of tliu Stuto 1'rovldvs In
Howard to tlio Invi'stini-jit of State
Funds Mlftcullunuouit Noti-ri.
LINCOLN. Neb. , Dec. 12. The rec
ords o the state treasurer's office
show that the debt of the state of
Nebraska is approximately § 1,755,000.
The outsanding registered warrants
amount to § 1,074,042.03 , the unregist
ered warrants to about § 25,000 and the
state bonds to § 55,000. The unpaid
taxes amount to over S2.SOO.OOO.
There has been but very little
change in the status of the four edu
cational funds during the pust fe\v
mouths. The return from the invest
ment of the permanent school fund
was slightly less during the last six
months than for the corresponding
period last year and consequently the
apportionment for the schools fell bs-
Icw last year's about ? S,000.
All of the state bonds remaining un
paid , amounting to only § 55,000 , are
hold by the permanent school fund.
The issuance cf these bonds was ono
o" the results of a transfer of state
money from one fund to another. Bs-
tween 1S)8 ! ) and 1871 the state invested
§ 71,000 in United States government
bonds for the permanent school fund.
A few years later these bonds were
sold for § 80,460 , which , with money
received fronj other sources , was
transferred to the general fund. The
total amount of the transfer was § 158-
837.87. A transfer certificate for this
amount was issued and turned back
as security into the permanent school
fund. Between 18/4 aim 187C general
fund warrants to the amount of § 184-
119.G7 were paid out of the perman
ent school fund and another transfer
certificate was made out by the state
treasurer as security to lie held by
the school fund.
During the same period the first
state refunding bonds were issued and
the two certificates were taken up.
State bonds to the amount of $425-
627.35 were issued in the name of the
permanent school fund and the dif
ference between the certificates and
the bonds were paid in cash out of
the permanent school fund. Since
that time all but § 55,000 of these bonds
have been paid. The last of uiem be
came due in 1807 and all are draw
ing interest at the rate of S per cei ,
payable semi-annually.
There aie four educational funds
from which the interest or revenue
only can be used. These are the per
manent school , the agricultural col
lege endowment , the permanent uni
versity and the normal school endow
ment funds. Provision is made by
law for an equitable distribution of
the income from the investment of
these funds , which are derived from
five sources.
The constitution of the state pro
vides that the money in these funus
shall remain forever inviolate and
undiminished and shall not be invest
ed or loaned except on United States
or state securities or registered county
bonds of Nebraska and the interest
and income is by the same act sol
emnly pledged for educational pur
poses only. Accordingly , it is unlaw
ful for the state treasurer to make
any disposition of any portion of these
educational funds other than by in
vestment in uie manner prescribed by
law and unlike the other funds they
cannot be loaned to sjate depositories.
How State's Money I * Invested.
LINCOLN , Dec. 12. The following
statement shows how the money in
the various educational funds of Ne
braska is invested , the cash balances
being the amounts from which the
state Is deriving no revenue :
Permanent school fund :
United States bonds ? 15,000.00
State bonds ( Nebraska ) . . 55,000.00
County bonds 3,012,835.00
School district bonds 27,986.75
General fund warrants. . . 622,001.57
Cash balance 183,999.89
Total § 3,916,823.21
Permanent university fund :
Investment § 36,750.00
Cash balance 26,763.44
Total § 63,513.44
Agricultural college endowment :
Investment § 68,000.00
Cash balance 25,671.97
Normal school endowment :
Investment § 15,000.00 !
Cash balance 17,020.42
Total § 32,029.42
i
Give lliinquut to Kitvinuu li.
TECUMSEH , Neb. , Dec. 12. Lieu-
enant Arthur C. Kavanagh , Nebras-
g
ka's Manila bay hero , was tendered re--
r
leption at the Hotel Hopkins here by
company of his masculine friends
and admirers. The affair was inform-
t
and numerous impromptu responses
were made to toasts on appropriate
subjects. Lieutenant Kavanagh con
tributed to the pleasure of the even
ing by narrating scome of his personal
experiences in the battle of Manila
and giving a brief description of the
inhabitants and conditions in the t
Philippines. Plates were laid for
thirty. The v
large dining room had
been previously tastily and prettilj e
decorated with plants , flowers and designs - °
signs of a nautical character. *
Cumins County's Sugar Industry.
WEST POINT. Neb. , Dec. 12. Dur
ing the season just closed 175 cars of
sugar beets were shipped from this
station to the sugar factory. The 1
1I
acreage already contracted for next 1J 1S
year is the largest since the new in S
dustry was established. J
y
Company C is .Reorganizing.
BEATRICENeb. . , Dec. 12. Steps r
nave been' taken to reorganize Com Kn
pany C , First Nebraska , that it may Ktl
again takes it place in the Nebraska tltl
National Guard. When the minimum tltl
lumber Is recruited the adjutant gen- tl
? will come from Lincoln \
LIYE STOCK AND PRODUCE.
Omaha , Clilcngo ntul New Vork Market
{ jcolatlun * .
SOUTH OMAHA J.IVK STOCK.
SOt'TII OMAHA , Dec. 18.--CATTM- ;
Cows an dhi'lfer.-i wprtt also alow ntul l'
SflCe loxvt-r as a rule. Uuyrnt snn-int-d to
Mjl tltat they had lw n ptiyltxc lee much
jftmljthtt weaknoHH In tin ? bout cuttlu mur-
lojtiiit ChlcaKo helped to weaken th
niaruet here. Hellers woru xlow to < lu
business on the bn.sla iiHkod for by pack
ers , m tltat It WUH lat bt-for" a clearance -
ance won effected. ll ? f. stuorH , W.'i'Stt
G.OO ; Mockers anil feeders. J.1.0il. 10.
cow.s , J2.25T1.M ; calves. J5.2frf7.00. !
HOGS Good IlKht mill Imtclior weight
loailH Hold at Ji.WiH.05. with tlio lon c
string of good medium welKhl load * at
J3.97'i. Ly the tiiini llfty loadii tiad
2 > iuiiKcil hands advices WITH received from
fhluiiKo Indicating a lower inarUot at
that i > olnt. and tlie market here euMcd otC
at onco. liuyerti lowereil their hands and
for a time the market was pretty dull , a.i
sellers all wanted mornliiKf prlcun. There
were also several late trains which he ! I
back the arrivals and contributed to the
lateness of the market. Still the IJOKS
kept selling and In reasonable season tli"
pens were cleared.
SHKUr There were a few cars of sheep
In the yards , but the market was very
alow and dull. Chicago came way lower
and buyers at this point wanted a corresponding
spending concession. The best bids wi-rw
generally J. > c lower , unit as sellers wem
not ready at once lo make any suth con
cession , the market was very slow and
dull. Sales : One buck. $ : MO : 112 native
ewes , 51.10 ; G ewes , J4.25 ; t cull lambs.
$ I.GO ; S lambs. 5.20 ; 7 lambs , J5.23 ; M na
tive Iambs , JTi.L'5.
CHICAGO MVK STOCK MAKKKT.
CHICAGO. Dec. IS.-CATTDK-Steady.
beeves. ? 5.4&S.OO ( ; cows , $ t.W'it J.8S : heifer. ' .
$ u..riflfj5.25 ; canners , S'lMit' , ' . & ) ; stockers and
feeders. JS.OOli l. < > 5 ; Texas grass steerii ,
S3.2V-i4.00 ; Texas fed beeves. 3l.2T.i5.25.
HOGS Receipts today. 2I.OIW ; estimated
Monday , 40.000 : left over 2.133 ; active. Wi
lOc hlKher ; mixed and butchers. Jl.OOie
1.20 ; Kood to choice heavy. $ 1.05V 1.2.V
roiiRh heavy , JX'jlWi 1.00 ; ll ht. $1.00 1.13.
bulk of sales , JI.O.V'I.l.i. .
SHKKl'-rteeelpts. " 1.000 ; steady , un
changed : native wethers. $ l.0 > xii t.Mi ; west
erns , Il.00fr4.50 ; lambs , native , ? l.00-j5 73.
westerns , $ l.C5fo5.30.
KANSAS CITV UVK STOCK MAUKKT
KANSAS CITY' . Dec. 1S.-CATTMC
Market steady ; natlvis steers. Jl.fWfjC.K ) ;
Texas steers , ? : : .2.V-I.H ? ) ; Texas cows. $ ! . )
frj..30 : ; native cows and ht-ifers , J2.2r.fj11.75.
stockers and feeders , $3.00ii. .03 ; bull-J ,
S2.50fj3.90.
HOGS Uocolpts , o.OOO ; market strong lo
"ic higher , active : bulk of sales. Ufi'A'ifl
1.13 ; heavy anil light. $ I.O.Vf I. ! " > / ; packers.
5I.OK * 1.13 : mixed , $ l.02''iJl.J21i'orkurs. : .
$ M01U7 > ; pigs. $ : UT.f 5.07' > .
SHKKI' Ueceipts , 700 ; "market llrm.
lambs , $1.00113.65 ; muttons , 2.30 1.00.
NEW YORK VKODl'CK.
NEW YOItK. Dec. IS. WHEAT Spot
llrni ; No. 2 red. 71"ic f. o. b. afloat , spot.
No. 1 northern. Duluth. 79'e f. o. b
alloat. to arrive ( prompt ) ; No. 1 hard.
Duluth. Sic f.o. b. alloat ( nearby ) ; No. 13
red , 73r elevator ; options opened steady
and unchanged.
CORN Receipts. 107.250. exports 1S0.27 : >
bu. ; spot llrm ; No. 2. 4S4e ! ) f. o. b. alloat.
and 40e elevator ; o.otlon market opened
llrm at 'fcfi'/ie advance
/ on covering and
advanred steadily during the day on llKht
receipts , heavy cdiearances. steady cables
and active demand from bhorts ; closed
' /iC net higher.
OATS Receipts. 10C.JOO. exports. r.lS bu .
spotd nil ; No. 2. 29 4e ; No. : : , iXl-c ; No. 2
white , : jlc ; No. : ! white , 3'J' ' c : track mlxe.i
western , SU'.TO&c ; tracic white , Slliaie.
ojitlons dull , but steady.
CHICAGO PRODUCE MARKET.
CHICAGO. Dec. IK. WHEAT No.
spring. KHiffiCic ; No. 2 red. ( WftCSc.
CORN No. 2 , : : U/jc ; No. 2 yellow , SI
OATS No. 2. ffif/S'IVic ; No. S white. 2Pt
< fi2.V'2c.
liYE No. 2. 52f/53 ( : .
15ARI.EY No. .mrtlfc.
FLAXSEED No. 1 and No. 1 north-
west-rn. ? ! . ! ) .
TIMOTHY SEED-Prlme. J2.IOTj2.ir .
PROVISIONS Mess pork , per bbl. . $ S.r.
f10.10 ; lard , per JW Ibs. . $3.frf/.xiO ; short
ribs , sides , loose. $3.207/3.13 ; dry salted
shoulders , boxed. .VS-fta' p ; short clear
sides , I.oxed , $3.30'.33. .
MARSH ABANDONS THE CHASE.
J'ollows Agtiiiialdo Jnto tlio Heart of u
MANILA , Dee. 18. Major Peyton O.
Marsh of the i nirty-third infantry has
abandoned his pursuit of Aguinaido
and has reached Bagnen , in the heart
of the Grand Cordillera , where th
range is 10,000 fet high an : ? where food
is scarce and travel almost impossible.
From native couriers and Spanish
prisoners It was learned that Aguinaido
left Bontoc , in the province of the sanu-
name , with three women and headed
southward , evidently for Bayombong ,
in the province of New Vizcaya where
it is thought he may encounter the
Americans. Major Marsh's command
was depleted 20 per cent by the two
days' march from Cervantes Decem
ber 10.
Scattered bands of Macabebes , which
have been operating in the north , are
being collected with the intention of
sending them bacy.to Manila , as there
is much sickness among them and they
are unfit for further mountain work.
Lieutenant Chadwick and a corre
spondent of the Associated Press , the
latter commanding thirty Macabebes.
have visited the mountain town of
Pamposa and received the surrender of
a company of insurgents , including
three officers , with their arms and am
munition.
General Concepcion and other Filipino
pine officers who have surrendered
have been caken to Vigan. Concepcion ,
who is cheerful , insists that the insur
gent organization will bs maintained
even in the districts whe-e the Amer
icans are operating , also claiming that
the Filipino leaders can use iheir
troops whenever they desire. He sug
gests that the only method of termi
nating the war is the capture of Agui
naido and the obtaining of an order
from him for the troops to surrender
their arms. But Concep.-ion believes
Aguinaido will never be raptured.
Jloer * Holding Their
MODDER RIVER , Friday , Dec. IS.
During a demonstration in force this
morning the British guns shelled th
Boers : for a couple of hours. The
Boers did not reply until the British
were retiring. The Boers are furthpr
entrenching and strengthening their
old defenses , with the evident inten
tion of fiercely disputing control of
the railroad.
Squires IJraj * Hank Down.
BOSTON , Dec. 18. The Broadway
National bank of this city has failed.
The directors are John U. Graham C.
Downer , Frank W. Downer. Frank O.
Spuire is connected with the firm of
John P. Squire & Co. , which assigned
yesterday with $3,000,000 liabilities.
The Broadway bank wts incorpo
rated ; in 1853. Its capital is $200,000
News of the failure became known
when the bank failed to open its doors
this morning and a notice posted at
the entrance read : "In the hands of
the comptroller of the curren.y , D. G.
Wing , Receiver. "