Omaha daily bee. (Omaha [Neb.]) 187?-1922, December 05, 1894, Image 1

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    THE OMAHA ! DAILY BEE.
ESTABLISHED JTJNJD. 10 , 1871. OMAIIA , WEDNESDAY MORXING , DECEMBER 5 , 1894. SINGLE COPY FIVE CENTS.
" A STARTLING EXHIBIT
Btato Auditor Moore Takes tbo Taxpayer
Into His Confidence ,
APPROPRIATIONS EXCEED THE TAX LtV
Improved Assessments , Equality of Burden
and Administrative Economy ,
UNBLUSHING EXTRAVAGANCE EXPOSE !
Thonsandsof Dollars Eecklos-ly Bqntmdere
Without Authority of Law ,
A BOTTOMLESS SUPPLY DEPO
Important Ilcconimcnilntlons Imliicil ) t
Check Uiildii on the Treasury anil
1'rotoct Taxpayers I.nun that
Hhonlit Ho
Hon. Eugene Moore , state auditor , In h
biennial report to the governor , makes son
startling disclosures regarding the extravi
ganco of the State Board cf Purchase ar
Supplies In purchases made for the last lei
islatlvo session. A summary ot this repo
appeared In The Bee a tow days ago. Its In
portance , however , entitles It to further coi
Blderatlon , especially In view of the fact tin
supplies for the legislative sesslcn have her
tdforo been largely contracted for and bougl
prior to the convening ot the legislature , d
Bplto the want of statutory authority for
doing.
An enormous quantity of drugs' , stationer
hardware , dry goods , lumber and grocerl
were bought , and lavish prices paid for the
out of the Incidental fund , besides Immen
hnck , hotel and transportation expenses
committees or pleasure seekers. Tbo sessl
of 1891 was especially expensive In hai
hire , teams for delivering gcods , all sorts
contest expenses , expenses of two banque
* .
IV and commltteo expenses on trips to Galvcst
and elsewhere , together with many other lar
Incidental expenses that are fo numerous
particularize. Alnust anything that may
found In the retail market was bought
considerable quantities and charged to leg
latlvo Incidental expenses. Gavels cngrav
at $20 carh , Ink stands at $18 each , and sati
step ladders , barrels of oil , dictionaries , Inn
mcrs , bolts , boxes of edap , leather valisi
rope , chains , hinges , plate glass , thermcn :
ters , mirrors , and other similar purchas
tend to the belief that the public funds a
not being utcd for the best purposes.
TEXT OF THE REPORT.
The full text of Auditor Moore's report
as follows :
OFFICE AUDITOR PUBLIC ACCOUN1
LINCOLN , Dec. 1. To His Excellent
Lorenzo Crounso , Governor ot Nebrasl
My Dear Sir Herewith I am pleas
to present my rcptrt for the blcnnlum endl
November 30 , 1894. The many tabulattc
and statements embodied In this report (
plain themselves. Our present revenue la
are grossly Inadequate and are practice
suspended so far as the assessment of pr <
erty Is concerned. With the present ugg ;
Rate valuation and the limit being C ml
on the dollar for the general fund it Is t
possible to raise sufficient revenue
meet the current appropriations. W :
a floating debt which Is drawing 7 l
cent Interest tt Is especially Important tl
the appropriations bo reduced to a mlnlmu
The lessons of most rigid economy that. ]
taught by the present times , and are ob eri
by our people as never before , are "worthy
emulation In all of the departments of i
Btato , and by their strict observance the sti
can meet all necessary expenses and obllt
ate our outstanding Indebtedness speedily.
From a careful comparison ot the reven
of the state for the three biennial peril
prior to this I flnd tliero was approprlu
$7,996,000.41 , and that for the same per
the total tax levies of the state amoun
to $7,453,050.63 , or $543.009.83 less than
appropriations , leaving that large amount
n deficiency If all ot the levies had been i
Icqted , but In the same period $378,529.20
the taxes levied are delinquent and unp :
showing that for the six years ending ]
vcmber 30. 1892 , the appropriations oxceci
the revenues derived from the levies for
tame years by the sum of $921,539.03. Tak
the same period I find tnero was an aver
delinquency of .0506 per cent of the lo\
made on an average rate of levy of 6 ,
mills on the dollar on an average asses
valuation of $178,937,253.81 for the state. :
the present blcnnlurn the average asses
valuation for the state Is $189,225,311.75 , \ \
an average tax levy of 6.C6 mills on the <
lar , producing $2,521.003.72 , of which $2,2
040.26 was appropriated by our last leg !
turo , leaving an excess of levies over api
prlatlous ot $312,003.40 , from whlcli deO
Ino delinquent rate from 1887 to 1892. both
! lusve : , amounting to $127.502.76. and It lea
a balance to apply on the accumulated o
gatlons of the six former years In execs :
the collection of their revenues of $184,500
but this statement cannot show the I
amount of outstanding- Indebtedness of
state for the reason that collections are b (
constantly made from delinquencies of for ;
years that are applied to the cxtlngulshn
of the stato's obligations as they come
The appropriations of the state have excec
the amounts derived from the tax levies
the past eight years , all being figured on
same basis of .0506 per cent delinquent ,
the sum ot $737,038.33 , or an excess of $2
046.37 In appropriation1 ] over the total
levies , without tha allowance of any dc
quencles. The appended tabulation will
plain Itself :
In view of the figures I submit and
present financial stringency , together
our laws regarding tax sales , I feel warra
In the conclusion that no less than 10
cent of our state levies for the ensuing
blcnnlum will bo delinquent. I espec
urge upon you the necessity ot a mcdlflc :
ot our revenue laws to as to Increase the
of levy possible by the State Board of E <
Izatlon , or enforce the assessment of pror.
it nearer Its true worth , which , In n
Instances , Is as low as C per cent of Us i
ket value at the present time , or a
material reduction In our biennial appro ;
tlons , If It can l > 3 hoped to. see the st
.obligations reduced. It Is evident that
most rigid economy must obtain In all ai
prlatlons In order that the revenues may
the state's current expenses and be of
material aid In reducing the floating Im
cdness under the present lax system of I
tlon , and I urge upon you the Important
some speedy action by the legislature ter
to an Incresaa of our revenues. The
crease ot our revenue railing ability Is
commensurate with the Increase ot the e
Hal expenditures of the state , I a\vn \
call your attention to the statement h
jriowlng the eitlmjted nppr"rl tlons n
tary for the itate7s various ueparti > * . ; ms
Initltuttoni for the two yetr ending M
31 , 1897. and aUo call your attention tc
Probability Ui&t the revenues oc the stut
the tame period are not likely to be
materially Increased , aa compared with
bUnulutu , to tt * IU b readllj
erved that the amounts estimated aji neces-
ary cannot be appropriated without an In-
reaso of the state's indebtedness.
I have been collecting much valuable In-
ormatlon touching the revenue laws of our
Inter states and territories , which I cheer-
ully place at your disposal , that may matc-
lally aid In the correcting of the Imperfec-
Ions ot our present revenue system. I am
onvlnced that our legislature should be more
peclflc in the form of Its appropriations , by
artlcularlzlng fully ac to their amount and
mrposc , and I believe that It would bo much
better If the number cf separate accounts
was reduced by placing the appropriations
or several purposes under one head and
naklng a gross appropriation for them. The
tatement of the mortgage Indebtedness In
his report Is necessarily Incomplete , for the
enson that the officers charged with making
he returns to this cffice have , In many In-
tances , foiled to file any report , and In
Iliers Inadequate and Imperfect reports. The
aw relating to the reports of mortgage In-
lebtcdness should bo cither so amended aa
0 make the reports exclusively to this de
partment or be repealed , so far as this office
s concerned.
I especially call your attention to the laws
relating to the printing and distribution ol
looks and blanks for revenue and educational
purposes , and recommend that they bs sc
amended as to define the exact forms to be
printed.
Radical changes should be made , by legls-
atlve enactment , In all forms of vouchers
for the payment of the various Items of In
debtedness owing by the state , and I urge
upon you the necessity of a law requiring the
oath or affirmation of the claimant to nl
vouchers presented to the state , attesting tc
their verity In every particular , and niaklnf
any false statement subject to all ot tin
penalties of perjury.
A most definite law Is needed for the safe
interpretation of all fee and mileage uc
counts , and I call your attention to the fad
ihat ail such laws , aa they now exist , ehouk
be so amended as to ba positively certain a :
to their full meaning.
COUNTY TREASURY EXAMINERS.
In compliance with the requirements c
chapter 18 of our statute , I have caused ex
amlnatlon to be made of the offices of thi
treasurer of seventy-three of the ninety coun
ties of the state , with gratifying results
Errors of long standing have been corrected
Uniform systems cf accounts are being In
stalled. Deficiencies have been detected am
reported , and those responsible are adjustlni
their liabilities. This act should bo amendei
so as to provide an adequate approprlatloi
for expenses.
Under the existing laws there Is muc :
doubt as to where and how telephone , proper
ties should be assessed. I would recommen
that legislation bo had on this subject.
In counties under township organtzatlo
much confusion has arisen as to the fees fo
the collection of state moneys , and I recom
mend the enactment of a law directing al
township treasurers to turn Into the count
treasury all of their collections , without re
tentlon of any portion as their fees , and the
the county treasurer can settle In full for a ,
of the collections made , of the funds of th
state tn his county and receive his pa
therefor from the state , and the townshl
treasursr can bo remunerated for his collec
tlons by the county.
The fund for the arrest of fugitives fror
justice , officers' fees and mileage , etc. , create
for the present two years was exhausted o
March 8 last , really paying these fees fo
about eleven months of the .two years an
leaving the balance deficient. A very grea
deficiency exists in this fund , both of claim
accruing before and after the last a"pproprl
tlon. Twenty-five thousand dollars , at leas
will bo required to pay the outstanding claim
when the new appropriation can be avallabli
1 wish to urge the passing of an act by th
ieglslature clearly defining the fees that tl :
state should pay In all of this class ot claim :
LEGISLATIVE EXPENSES.
I wish tQ especially call your attention I
the enormous expenditures of our leglslatlv
sessions , and urge greater economy In the
branch of pur state government. The se ;
slon ot 1891 cost for officers , members , en
ploycs and Incidentals the sum of $143,833,3
and the session ot 1893 cost for the salt
Items , which are all of tlio legislative e :
of l-penses , the sum ot $119,307.16 , or $24,026.1
lie less than Its Immediate predecessor. Tl
tor session of 1891 cost a trlfio more tha
r- $1,081.15 for each member , or $763.G3 for li
cldental expanses and clerk hire for eac
es member , and $317.80 for his salary and mil
ds age. The session of 1893 cost the state fi
ed each member the sum of $902.31 , or $317. :
od for salary and mileage , and $585.13 for li
cd cldentals and clerk hire. Each ot the slxt ;
ho four days of the session of 1891 cost $2,247.4
ot and each of the sixty-eight of the 1893 se
sl
slot slon cost $1,761.87.
Id Enormous quantities of drugs , stationer
[ fl , hardware , qucenswure , dry Roods , lumb
fled and. grocerlis are bought , and lavish prlc
ho ara'pald for them out of the Incidental fun
ng besides Immense hack , hotel and transport
BO tlon expenses ot committees or pleasu
! cs seekers. The session of 1891 I flnd to ha'
153 been especially expensive In hack hire , lean
cd for delivering goods , all sorts ot contest c
'or ponies , expenses of two banquets and cor
ed mltteo expenses on trips to Galveston ai
tli elsewhere , together with many other lari
ol8. - Incidental expenses that are too numerous
8.la - particularize , and the session of 1893 , will
la- much more economical than that of 1891 , w
ro- very much more expensive than would see
ict to bo essential to tha careful performance
In- the duties of our lawmakers. Excesil
, 'es numbers of clerks and employes have be
illof too prominent features of our most rece
of legislative sessions , and In many other wa
70 , the expenditures have been made very bti
uo densome to the state. Almost anything th
: ho can be found In the retail market Is bong
Ing In considerable quantities and charged to le
: lor nt Islatlvo Incidental expenses. The prlntl
In. for the legislature Is necessarily an expe
led slvo feature and should be carefully scrutl
for Izcd. Gavels engraved , and at $20 each , I
the stands at $18 each and safes , step ladde :
by barrels ot oil , dictionaries , hammers , bol
10- boxes ot soap , leather valises , rope , chali
tax hinges , plate glass , thermometers , mlrrc
In- and scores of ether similar purchases tend
the belief that the public funds are not bel
used for the best purposes , and these set
AND UXPCN8KS.
ARISTOCRACY TO THE REAR
Young Men Coming to the Front in
Palmetto State Politics.
GOVERNOR EVANS REMARKABLE INAOGU3AL
Urulnmind Not Illantrlon * Ancestry the Key
to Leadership In the rutiiroVI11
Uphold and Knforco the IHs-
pcnsury I.iur.
COLUMBIA , S. C. , Dec. 4. Benjamin Ryan
Ttllman Is no longer governor of South Care
lina. At 1:30 : p. m. today ho was succeeded
by his chief lieutenant , John Gary Evans.
Several thousand persons assembled In the
hall of the house of representatives , despite a
raw and chilly aay , with Intermittent rains ,
to witness the ceremonies ot Inauguration. As
the Inauguration procession entered the band
played "Hall to the Chief. " Prominent
among these on the rostrum were United
States Senator Irby , ex-Governor Tlllman and
the chief Justices of the supreme court. Af
ter prayer by Rev. John A. Rico the oath
of office was administered to Governor Evans
by Chief Justice Mclver. Evans spoke dis
tinctly and without tremor. His address con
sumed about one hour in delivery.
The following Is a synopsis of Governor
Evans' address :
Gentlemen of the Assembly : After ob
taining the will ot the people In three sep
arate elections , I am here today to assume
the governorship of the proudest people on
the globe. Ten years ago the elevation of n
man of my age to the highest honor 1m the
gift of the people would not have been re
garded as constitutional. A yountr man
In South Carolina would not have dared tc
aspire to this position for fear of gaining
the odium of that class who by reason oi
ago or Inheritance considered the ofllccs as
their particular property , without regard tc
the popular will. There are some who still
regard the political revolution of 1690 , which
gave to us an aristocracy of brains Instead
of lands and money ns an hallucination and
was the reign of the demagogue. This
Rentle slumber will result In good and the
Kip Van Winkles of the state will awaken
to flnd themselves monuments of antiquity ,
surrounded by young sires of modem
progress , who have nothing but love ant
reverence for them. It Is a matter of con
gratulation to the people that the effort tc
stay the course of reform by an appeal tt
an Ignorant and purchasable vote has
been rebuked the second time In a , mnnnei
unmistakable In terms , and let us hope thai
In the future there will bo found In tin
state no man so Ignoble as to dare threater
us with a. return of the dark days frorr
1868 to 1S76. It Is unfortunate Indeed thai
the foundation , of our social and polltlca
Institutions Is the unity of the white people
This condition was thrust upon us by tin
emancipation and enfranchisement will
one stroke of an unfortunate , Ignoraiv
class , unlllt to govern themselves. Placet
In poji r by the bayonet , forced to poven
their former masters , we thus witness "i
spectacle seldom recorded In history. /
government of Ignorance , vice and corrup
tlon over wisdom , virtue and honesty. :
say here , on the threshhold of my admin
Istratlon , that It Is time for our people- (
come together and be a united people , ant
let the responsibility fall on those of the op
position who insist upon a "rule or ruin'
policy.
We are fast coming to the plight whlcl
Ireland Is In , Our great plantations an
becomlnrr merely the hunting preserves o
the wealthy , and the laborer year by yea
Is being ground to poverty and servility
The party which has been true to us li
the past and to which we must look li
the future has suffered defeat from one ex
treme of the land to the other , and todai
not n democratic state Is left north o'
Mason and Dlxon's line.
The northeast seems to be tleaf to ou
appeals , and the "ray of light" which wi
had hoped for In the west has proved a
Illcklo as an aurora borqalls. South Carollni
has led In every great moral and polltlca
reform and It remains for us to set th
pace for the nation , which will ultimate ! '
bring relief to the entire people.
Governor Evans begins his specific recom
mendatlons with the suggestion that tin
State Agricultural society bo given a srnal
appropriation. Ho congratulates the peopli
upon the calling of the constitutional con
ventlon , and the South Carolina college , hi
says , should be opened to women In all o
Its dorses.
The constitutional convention should pro
vide special courts for the trial of criminal
usually the victims of lynch law. Thes
courts should protect the victims of as
saults from public and vulgar cross-examin
atlon and the notoriety of newspaper ex
ploltatlon. . *
Of the dispensary law he says : "I an
thoroughly satisfied after on active cfinvas
of the state that the dispensary law Is nov
written In the hearts of the people and I
favored by fully 85 per cent of the popula
tlon. It shall be my duty and pleasur
that the remainder respect and obey It , '
and ho sharply arraigned towns hostile t
the law. The remedy was with the legls
lature. Governor Evans' remedy Is1 sup
posed to bo a metropolitan police force fo
Charleston and other towns where the ad
ministration of the dlpensary law Is ol
structed. The governor condemns the prac
tlce of leasing convicts to private parties.
In closing Governor Evans said : " 1
when I return this commission I can saj
'Behold a happy people , In peace , love an
unity , ' my reward will be great and EUffl
clent. Asking the support of my friend :
the charity of my enemies and the help c
God , I now dedicate my head , hand an
heart to the service of my state. "
After music. Lieutenant Governor W. II
Zimmerman was Inducted Into office an
addressed the assembly.
g
KOLI1 ISSUES ANOT1IK1C MANIFEST * :
AdTlKcs Tux Collectors Not to 1'ny Blonc
Into the State Trrnsury >
BIRMINGHAM , Ala. , Dec. 4. n. F. Kol
who claims to be the governor of Alabam
to today completed a message to the legtslatu
which ho signs as governor and which wl
bo transmitted to that body tomorrow. Tl
message Is also addressed to the people
Alabama and Is a long and In many rcspec
revolutionary document , as It rccommem
that his followers do not pay their taxes f
a while. He further says :
I further advise those collectors who vali
the cause I represent , and which will assu
edly prevail , to delay all payments of sta
taxes Into the state treasury until an Impa
tlul hearing Is had of < nir complaint under
fair and honest contest law.
When It la remembered that the tax ce
lectors. In thirty-eight out o'f sixty-six cou
ties In the state are Kolbltes , U will be sei
that It they take lift advice the Kolb gover
ment will flnd strong support and Alaban
will bo threatened with anarchy. In 1 :
message Kolb says :
The revolutionary conditions of our sta
government must become the subject
your continued and most anxious contei
platlon , The plans of usurpers , so alarmh
to you , are abating In nothing to redu
you to an abject and final submission
their unbridled will and passions. Yi
have seen your just demands for the fi
execution of the election system of go
ernor and other state officers , secured
you by sacred constitutional truaranU
deliberately set aside by the leglslatui
.91 . Itself only a creature of the constitution ,
.93 . declare to you , without fear of contradl
191ss ; tlon , that If the present party In control
191 your government be not arrested In I
,93 , mad career no elections can be held
191 Alabama under the law and constitution.
193 He then reviews the provisions ot the cc
'
: Jjj stttutlon and says : "D'ecaui * the legislate
M of 1892-93 did expressly revoke the sectlo
isi of the civil code , however unperfected , vhl
193 seemed to allow a conteitj ot election of gc
ernor and other state officers , by refusing
\l \ < ! K" a < l to restore them or to substlU
! M Ctuura. of a reasonable and practicable r
turf , you are perfectly justified In declarl
HI m there can be no election of governor or ott
in state ofilcetR under the constitution ot A
inWJ
WJ bam a binding en you which U tainted w
tn fraud at the ballot box. " He then urges I
193
S91 legislature to enact contest laws and advli
SOI his friends to organize clubs to assist In I
general object of his appeal.
at The message concludes ;
U Colonel Gates and his faction fear i
the truth , If they court equity irhd nre ready
to abide by justice , they will hesitate nt
nothing to remove the color of dishonor
from tila title to the otllcc hq has possessed
by arms ,
OKSlittAT. l-A.UA < IKtA ILL.
Compelled to Ilcslgn tilt. Com rh a ml ot the
Army In Mnnchutlh.
LONDON , Dec. 4. A dispatch to the Gen-
tral News from Toklo says a report , to
which much credence Is glVen , Is current
there to the effect that Field Marshal Ya-
mageta , commander of Uie Japanese army ,
Is BO seriously Indisposed that It has been
decided necessary for hiril to be Invalidated
anil one of the court chamberlains has
started for the front with a'message from
the emperor. Nodsu has bean promoted to
be a general , and will nt bnce assume com
mand of the first Japanese nrmy. .
Captain AIluv has been appointed to the
command of the cruiser Ynmashlro , and the
late harbor master at Sazbo has been made
governor of Port Arthur.
The Times correspondent nt Chefoo says :
Forelpners here nre preparing for defense.
The Chinese have little confidence in the re
port that an armistice Is about to be con
cluded.
iiiuunitiu MimuuiiEit.
Nephew of Colonel SaumlcrHOn Arrested for
Killing n Dissolute iVomun.
LONDON , Dec. 4.-On November 2C the
body of a comely , well dressed young
woman , about 30 years of age , named
Dawes , belonging to the unfortunate class ,
was found In. a much frequented thorough
fare , Holland Villas road , Kensington. A
hasty examination of the body showed thai
her throat had been cut from ear to car ,
Suspicion centered upon n young man ol
excellent family named .Reginald Llowclllnp
Treahearne Basset Saunderson , a nephew
of the famous Colonel Edward J. Saunder-
son , the member of Parliament for Nortli
Armagh , a magistrate and a deputy HeU'
tenant , and the son of 'Llewellyn Trea-
hearne Basset Saunderson , esq. , a justice
of the peace of Dublin county , Ireland
Saunderson , according to the police , lefl
the school which he was attending Novonv
her 25. saying ho intended , to attend divine
service. But he was not ; heard of ngalr
until he appeared nt the home of his rel
atlves some time after the murder.
The theory * of the pollce.ls that Saunder
son , after leaving Hnmptonwlck , met tin
woman. The evidence which directly con
nects Saunderson with tne murder Is th (
fact that by the dead , woman's side th <
police found a knife and a , cherry woot
stick , which were subsequently Identlflet
by the pupils of the Institution at Hamp
tonwlck as having belonged to Saunderson
couii.iai : OF ins CONVICTIONS.
Prexs Speaks Flatteringly of Clovo-
Innd'H Attitude Tnwnrd Rnclnnd.
LONDON , Dec. 4. The Pall Mall Gazette
commenting on President Cleveland's an
nual message to congress , says : "Preslden
Cleveland reiterates his faith In. free trade
but we do not expect to get anything mon
out of the tariff controversy. That chanci
Is lost until the democrats ( return to powe
with more sense In their Heads. America I
KOlnr ; to bid for the suprelnacy of the seas
While wo do not fear thbcioTltest ; , this pollc ;
will In time seriously nffecH our carrylni
trade. " '
The Globe says : "There 'Is no touch o
sprcad-enKlelsm In the mtissaRe , or th
slightest desire to twejik John Bull's nose
On the contrary. President Cleveland 1m
the courage to display ai friendly attltud
to Great Britain on certain questions which
If roughly handled , would easily provoke In
ternatlonal umbrage. .We a vlsedlv call hi
language courageous , for , hip-careful avoid
ance of other sort of talk ] Is Certain to pro
voke the wrath of the Irlsh-Atnerlcans. A
In foreign affairs so In xiomrstlc affairs 1
there ample proof that' he uas the courag
of his convictions. "
No Fnlth Irf VtVn Tn-W ,
LONDON , Dec. 4. Thee/Tlnies says thn
the earl of Klmberey ] , { < tfic > forelgn secrc
tary ; , haa made enercpuci r yirescntatlonwi t
the'Porte to the eftect'jrtat the order of th
Turkish commission to 'make a searchln
Inquiry into the Armenian massacre was no
enough , as the report of a , purely Turks | ;
commission would not Inspire nny plibll
confidence. The Eultan has , como to recoe
nlze this , and IB reported ready to subrnl
atulndependent clerncnt to form part of th
commission. _ <
King ; Humbert' * Cold Itcccptlon. i
UOMlJ , Dec. 4. Several newspapers agre
that the dominant note In the king's recer
tlon on the streets yesterday on his passag
to and from the houses of Tarllnment wn
the coolness of the people. In addition , al
tcntlon IH called to the fact that the king'
speech wns only applauded twice , when hi
majesty referred to the national deslro t
assist the victims of the earthquakes an
when he touched upon the necessity of prc
for the wants of/ the formers.
I.lttlo IIopo for American Ilcof In Uormnnj
BERLIN , Dec. 4. Thp foreign office hn
forwarded to Baron A. von Saurma Jeltscl
the German ambassador at Washington ,
statement regarding thp prohibition again :
the landing of American cattle and fres
meat at German ports. The statement 1
not favorable to the American side of th
question. The government will await th
discussion of this matter In , the Rclchstn
before coming to a definite decision on th
subject. _
P'-aeo ' .
Negotiations I'rpgrosa Slowly.
LONDON , Dec. 4. According to advice
received from an excellent authority upo
the subject of negotiations for peace bi
twcen China anil Japant the negotiations ai
not making as rapid strides as suppose. .
It seems certain that Japan Intends to Insli
upon stronger and more tangible proofs (
China's submission before -talking of peac
1-ltEl'AIClXa
Commissioners of the South IldUotn Soldier
Homo an that Institution1" < 'cinilltloi ; ,
SIOUX FALLS , S. D. , Dee. 4.-Speclal. ( )
Colonel E. E. Clough of Deadwood , Judge (
S. Palmer of this city. Colonel O. E. Dewe
of Wntertown , Colonel C. J. Anderson i
Planklnton , Captain J. P. Phillips and Co ]
tain J. P. SIcGrew of. Hot Springs are
the city. The latter named gentleman
commandant of the Soldiers' Hcme at Hi
Springs , and the others nre commlsslone
of that institution. They are here prepa
Inp their biennial report for the govcrm
and legislature. Colonel Clough says thi
they will probably ask the legislature to a
proprlate $00,000 for the maintenance of tl
home for the next two years , and he sa ;
there will be no padding , but the reque
will bo based an what they absolutely nee
The per capita cost of keeping the soldle
this year will be about $210 , of which tl
United States pays$100 per capita. Tl
amount due the state from the Unlti
States nt the end of thei present quart
will be $2,700. There are now 130 soldiers
the home. ,
KXTKltMlNA T1SC
South Dakota Itanchtne i Hunting tl
Animals ISfiir U lrlcln.
OELTUCHS. S. D. , Dec. j.-Speclal.-T1
stockmen of this county have frequent w
hunts for the purpose'of exterminating tl
big gray wolves , which Jiave been mo
or less troublesome to stock of varlo
kinds. The last round-up took place Salt
day on Hay canyon , tjventy-flve tnll
northeast of here , nml the twenty-one hors
men who participated succeeded tn capti
Imr five of the animals. The Wilson bret
era have Imported thrfee English tn
hounds , which are of the prtatest service
trailing the wolves , which .take to roui
ground for the purpose , of eluding t
riders , and as a result Nome are trail
to their holes , where they are afterwa
due out. Since the last1 few hunts t
wolves nre not as troublesome and It
thought that It won't be long until etc
raisers will have no more trouble In tl
line.
I'rcparlne for Future Urontlii.
OELIUCH8 , S. D. . Dec.Special. ( .
Quite a movement Is' being made In tl
county toward Irrigation among the far
era and stockmen by damming the cree
and ravines for the purpose of makl
storage ponds , which will bo a great b <
te eflt to those making these Improvements
tee
e flovo nml Never Cumo Up.
BACrtAHENTO. Col. , Dec. 4-Clu
Joyce , a market hunter , 'and ' Guy JIadewi
a young lawyer , dared each other tonle
to dive from the bridge over the Saci
mento river. Hoth plunged \ ] headfirst It
the stream. Madewe. . twain , to the she
but Joyce never cume to the surface. It
supposed he struck , a submerged pile a
wua killed , lloth men had been drlnkli
ot Joyce's relotlvcs live In Elmlra , N , Y.
THIRTY DAYS' ' TALK ENOUGH
Proposed Now Bcnato Rnlo to Force a Vote
After a Month's ' Debate ,
BREAKING OV.R TIME-HONORED CUSTOMS
Senator Illnnclmrd llrlngs In a llcsolutlon
for the 1'uymcnt ot Sugar Itountlcs
for the 1'nst Season Ilrlnclng Up
International CJiicRtloiu.
WASHINGTON , Dec. 4. When the senate
convened at noon today there were few traces
of the confusion attending the opening of con
gress yesterday. The usual dignity and se
renity of the chamber was restored , there
was the usual scattered and shifting attend
ance In the galleries and the senators showed
their deslro to enter without delay upon the
real business of the session.
A largo number of bills , petitions and me
morials were presented , most of them of
local character.
Mr. Blanchard , democrat of Louisiana , of
fered a resolution reciting the circumstances
under which the sugar bounty was cut off
after the sugar crop of 1894 was put In. It
directed the committee on appropriations to
Include In the urgency bill a sum sufficient
to pay the bounty for the present year. The
bill went over for the present.
Mr. Vest , democrat of Missouri , offered an
amendment to the rules with a view to cut
ting off protracted debates In the senate.
It provides that after a measure has been de
bated thirty days It will be In ofder for any
senator to move to fix a date for the final
vote. This motion Is to be put without de
bate or delay , and If carried the original
question Is to be voted en at the tlmo fixed ,
Mr. Vest said he would address the senate
tomorrow on the need of this reformatory
rule.
rule.Mr. . Ldge. republican of Massachusetts ,
offered a resolution , which was adopted with
out dissent , calling on the secretary of the
navy for the official letters of Admiral
Walker while In command cf the United
States naval vessels at Hawaii.
Mr. Lodge raised another International
question by a resolution calling en the presi
dent for the correspondence concerning Blue-
fields and for Information concerning the
attitude cf Nicaragua. The resolution was
adopted without comment.
Mr. Quay , republican of Pennsylvania , In
troduced a motion of respect for Minister
Myron B. Wright , a late member ot congress
from Pennsylvania , and as a further mark of
respect to the deceased the senate at 12:30 :
p. in. adjourned.
NATIONAL I'AIUC AT SIIILO1I.
Homo Appropriated 870,000 to Purchase
Land on the Celebrated lluttlo Ground.
WASHINGTON , Dec. 4. There were ex
actly 100 members on the floor when the
house met at noon today. The galleries were
almost empty. The democratic leaders had
decided just before the house was called to
order to plunge Immediately Into routine
business. On motion of Mr. Storer , republi
can of Ohio , a resolution extending the time
allowed the board of engineers to survey
canal routes through the elate of Ohio under
the river and harbor bill was adopted.
Mr. Outhwalte , from the committee on
military affairs , called up a bill for the re
lief of the legal representatives of Arscnus
P. Bdyd , late of the Unlte'd" Slates cavalry ,
but It was ruled out on a point of order , and
ho called up the bill for the dedication ol
the Chlckamauga and Chattanooga national
park. The bill appropriates $20,000.
The date of the dedication was fixed foi
September 19 and 20 , 1895. The bill was
passed.
He then called up the bill Introduced bj
Henderson ot Iowa for the establishment o ;
a national military park at the battlefield o :
Shlloh. It carries an appropriation o
$150,000.
Mr. Outhwalto yielded the floor to Mr
Henderson , republican , of Iowa , who ex
plained that the matter had been dlscussec
by the Grand Army of the llepubllc and thi
Army of the Tennessee , and there was ai
earnest dcsiro on the part of the wcsteri
army for a military park on the scenes o
these great battles.
Mr. Black , democrat , of Illinois am
Wheeler , democrat , ot Alabama , with him
had undertaken to look after the bill. Op
tlons on the land In writing for an avcragi
of $12 an acre had been secured , whereai
the Chlcamauga park had cost an averagi
of $28. The bill provides for a commlssloi
of three to be appointed from the armies o
the Tennessee , Ohio and Mississippi. Afte
the adoption of an amendment reducing tin
appropriation to $75,000 the bill was passed
Mr. Richardson , democrat , of Tennessee
then presented the conference report on tin
printing bill. Mr. Richardson occupied th
hour explaining the minute details of th
conference report , which was subsequent ! ;
vigorously attacked by Mr. Dunn of Nev
Jersey. After further debate the repor
went over and the house , at 3:55 : p. in. , ad
journed'until tomorrow.
nnsiacRATic SKNATOHS CAUCUS.
About Kvcnly Divided on > the Question o
( lotnro.
WASHINGTON , Dec. 4. The democrats c
the senate spent about three hours In caucu
today and then adjourned , without taking uc
tlon , to meet again Thursday next. The en
tire tlmo was devoted to a'dlscusslon of th
situation and to the wisest course of actlo
for the democratic party during the prcsen
session of congress. The entire dlscusslo
was based upon a scries of resolutions prc
sented by Senator Daniel of Virginia declai
Ing for a cloture , committing the party to a
abandonment of all efforts to amend the tarl
act law , and an effort to reform the currenc
In accordance with the suggestions In th
president's message. These resolution
opened a wide range of debate , In whlc
many senators participated.
Senator Vorliees opened the talk with
suggestion to the effect that the wisest court
lay In the abandonment of any effort to pas
the free raw material bills ( so called ) bi
cause of the evident determination of tl :
republicans to prevent action. Senator Vei
showed an Inclination toward cloture , coi
tending that If the democrats did not adoi
It the republicans would when they slioul
come Into , power.
Senator Morgan presented a plea for
liberal allowancs ot tlnie for the conalderatlc
of the NIcarauga canal bill.
While no action on any question was take
by the caucus , the prevailing sentiment afti
the close of the caucus seemed to bo that I
ultimate decision would bo adverse to tl
entire scries of propositions presented I
Senator Daniel. The sentiment favorable i
cloture seemed quite evenly divided. Thei
was also a strong clement favorable to tl
passage ot the sugar bill as reported by tl
finance committee , striking out all dlftcrei
tlals on sugar and leaving a straight revem
duty ot 40 per cent ad valorem , but It wi
pointed out that If tho. attempt should 1
made In this direction It would open up tl
entire tariff question.
BUVKRAT. 1SILLS FKOSl I'El'FKH.
Hulk of Them Directed to the Ilcculatlc
of Ilulhrajr Matters.
WASHINGTON , Dec. 4. Senator Petfer t
day Introduced a number oi bills. One
these provides for the purchase ot silver bi
lion at the market price with greenbacks , t !
silver so purchased to be coined Into Htanda
silver dollars and both the silver and t
greenbacks to be used for the payment
outstanding bonds. The titles of the mo
Important of the other bills Introduced 1
Mr. Pefter ore as follows :
To provide for the government control
freight railways ; to reduce the cost ot trar
porUtlon ; to establish a Just and unlfoi
K. charge for carrying freight ; to prevent 1
terruptlons of Interstate commerce '
strikes , and to eecuro reasonable compensa
tion to railway employes ; to authorize bankIng -
Ing on capltcl secured by a pledge ot real
estate securities ; to secure depositors against
loss ; to enlarge the volume ot circulating
money ; to provide .a flexible currency and to
establish safe and profitable depositories for
the savings of the people ; to relieve persons
who have settled on the public lands and who
have lost their homes by reason of misfortune
for which thiy are not responsible , and to
repeal that part of the act ot January II ,
167i ( , known as the resumption act , which
authorizes the sale of bonds.
KIH'Ulll.ItMNS F1KM ON TAIUIT.
UnroiiipromlMiigly Opposed to Any I'nrthcr
Tinkering nt rrcsent.
WASHINGTON , Dec. 4. The senate com
mittee on flnanco was In session an hour
today , but did not agree to any course ol
action on any ot the moro Important financial
or tariff bills before the senate. The meet
ing was largely Informal , and was dcvotcO
In the main to an exchange of views upon the
frco raw material bills and the president's
currency recommendations. Some of Senator
Pcffcr's financial bills were taken up and ad
verse reports unanimously agreed upon. It
Is understood that there was a very free
dlbcusslon of the sugar tariff bill. The demo
cratic members expressed a deslro to take
the bill up In the senate for consideration ,
but while not making specific objection tc
lie sugar bill the republican members of the
immlttco Intimated that the majority of the
publican senators would stand against any
ecemeal amendments ot the tariff bill al
resent. Reference was also made to the
co alcohol bill with a llko result. Tin
eellng was more Important for what II
illcd to accomplish than for what It did
ccompllsh. _ _
Tire ititAi'r Finns.
Iremon Kept Iliuy In the Dry Goods Dis
trict In Now York.
NI3W YORK , Dec. 4. Two fires In the drj
goods district kept the firemen busy for sev-
ral hours tonight. The first flre occurred
i the six-story brick building , No. 51'
roadway , and caused a loss of $25,000. The
re had hardly been extinguished whcr
ames were discovered In the building ni
5 to 317 Spring street. The flames were Ir
lie rooms of M. Herman , whose stock 01
othlng and clooke was damaged to the ex
ent of $20,000. When the second flre was
scovered nt 6 o'clock a panic cnsuei'
mong the seventy-live young women em
iloyed by the manufacturing firm of Mod
Co. , on the fifth and ilxth floors. George
tlnson , engineer of the building , ami l ) n
Is McAullffe , the elevator man , at grea
azard operated the elevator under heavj
team pressure , and thus rescued fifty o
10 girls , while the remaining twenty-live
/ere assisted down the flre escape. On thi
ast trip of the elevator the door of thi
or bulged from the heat to which it hat
icon subjected. Some of the girls fainted
iut were soon restored to consciousness.
The estimated Individual losses arc
loch & Co. , flowers and feathcra , $50,000
tclner , Davidson & Co. , fancy goods , $75,000
teiner , Davidson & Co. , fancy seeds , $5X030
SlmoiiH , flowers and feathers , $10,000
lenry J , Solomon , receiver for David J
lolomon & Co. , neckwear , $40,000 ; bulldlni
wned by the Mahoney estate , $20,000.
cAitnrixa oiw nviunsas.
tusslan i'nrmmn In North liakotu Stealing
( iovcrniucnt Property.
GRAND FORKS , N. D. , Dec. 4. A larg
lumber of' Indictments have been founi
.gainst HUsslan farmers from Eminon
ounty for stealing or carrying- govern
ment buildings nt Fort Lincoln , flve mile
louth of Mamlnn. The depredations , ac
ordlnff to Mnjor W. C. Goodln. thp govern
ment representative at the fort , have beei
going on for some time. Russian settlers li
.hat vicinity have been engaged In thlevlni
umber and outbuildings for some tlmi
Halting their visits mostly during the nlRhl
. .ml all efforts to catch them have failed
During the past few weeks , however , the ;
' ave grown bolder , and on Saturday a smoJ
-nny , numbering over 100 , put in an appear
nce with forty-five teams , pickets and al
necessary appliances , ready to clan ever
'rch of lumber from the spot. Major Good
ng , who has charge of the fort , protestei
iut the hoodlums drove him away wit :
jrlcks and stones and continued to demol
sh the buildings. Even the old Custe
louse , which the people of the slope hav
ndeavored to preserve , was not spared , bu
uthlessly torn to pieces.
Deputy United States Marshals HenncBse
if this city and Hanna of Grafton were a
-Msmarck and made a raid on the thieve
Saturday. Pickets posted by the thieve
save notice of their coming and the entlr
l arKy made an effort to escape , but th
Jeputles succeeded In roudliiR up eight c
hem and secured the names of forty other !
Mvo were left In Jail nt IJIsmarck and thre
brought here as witnesses before the gran
Jury. Of 117 buildings at the fort , very fei
remain , the destruction being almost con
[ ilete.
1 11 1 no's Torpedo Tubes Prove SutUfnctorj
BROOKLYN , N. V. , Dec. 4. Cornmodor
Heard , his staff , the chief of the dopartmer
of ordnance , and a largo number of navi
ifllcers witnessed the torpedo tube test o
.he cruiser Maine at the Brooklyn nav
yard today. The object of the test wns t
iscertaln the accuracy and allRmhcnt of tli
.ube and to verify the scale of degree
and minutes marked on the lofary trac
by means of which the tube Is aimed , an
whether or not the scale agreed with tht
In the torpedo connlnu and aiming rooi
above. The torpedo wns fired and struc
the water In a perfect line with the poll
aimed , which showed perfect uniformity b <
twecn the bcale In the connlnir room an
the scale In the tube room. The olllcei
who witnessed the test are highly please
at Its success. Commodore Slcard will Her
a detailed report of the test to Washlngtoi
ClulM Need NotTiiUo Out License.
JEFFERSON CITY , Dec. 4.-Today In tl
supreme court Judge Gantt rendered n
opinion holding that the distribution of 1
tniors by a bona fide club wns not n sa
within the meaning of the law , even thoup
the person making the nule received mone
and continued : "We think a distribution i
wine or liquors belonging to such a cli
among Its nicmliers Is not a xalc of llqui
within the meaning of our dramshop ac
although ! technically It does amount to
sale for some purpose. "
The decision was rendered on the nppe
of Excise Commissioner Bell of St. Lou !
who sought to vacate the charter of tl
noted St. Louis club , because It sold liquo
to Its' members without first having Uiki
out a dramshop license.
_
ItlacUuoll ConiphiliiH of II U Treatment.
WICHITA. Kan. , Dec. 4.-Colonel Mu
dock , editor of the Eagle , received n vc :
pathetic letter today from the Bquawmi
Blackwell. who Is now In the Claremore ,
T , , Jail , charged with treason. The lett
Is an appeal to the press to save him fro
what he calls the conspiracy of the Cher
kec chiefs to put him ted eath. He Buys 1
Is loaded dawn with chains , treated like
dog , and the greatest Indignities heap
upon him. His crime Is Bellini , ' lots In
townslte on his own lands , contrary to tl
act recently passed by the Cherokees , ma
Inpr It treason/ / for Indians or squawmeru
sell lands. The accused owns the towns !
on which Is the city of Blackwell.
Feruin Working Well at Kansas City.
KANSAS CITY , Dec. 4. Local physlcla
are enthusiastic over the results of usli
antl-toxlne , the new diphtheria remedy ,
quantity of which has been received he
and put upon Its merits. Two doses of t
serum were given to an Infant child havl
an advanced case of diphtheria and In o
day's time the child was pronounced out
danger. Another case , that of a youth w
had been 111 nine- days with the disease , h
shown like results , the patient nearly be )
cured after two doses had been admin
tered. Further experiments are being mai
Uyimmlto Tlmwcd Out.
OTTAWA , Ont. . Dec. 4. A quantity
dynamite exploded at Hull , near this cli
killing three men and n boy engaged In la
ing water pipes. The names are as f
lows : N. Martin , aged SG ; Henry Lnmartl
aged 42 ; T. Segulo , aged 58 , and C. Barbei
aged 10. Martin and Beguln w.crc cngag
In than Ing the dynamite.
Movements ol HcHKoInc Vciieli Dtc. 4.
At San FranciscoDeparted Oceanic , ;
Hong Kong and Yokohama.
At New York ArrivedNortlland , fri
Antwerp ; Fuerst Bismarck , from Genoa.
At Hamburg Arrived Itulia , from 1'hl
y i delphla.
FOR FIRMER FINANCE'
Secretary Carlisle Urges on Congress tru
Necessity of Monetary Hoforrn ,
CRUDITIES IN THE PRESENT SYSTEM
Cumboroms , Complex Character of the Cur
renoy a Constant Complication.
GOVERNMENT SHOULD USE COIN ONLY
Paper Issues Should All Us Retired in the
Interest of Stability.
TEN-DOLLAR NATIONAL BANK NOTES
Smallest Denomination that Should Ho Al
lowed Under the Now Arrangement
( ! ol < ! llnnls for Circulation nil
ImperiltUo Condition.
WASHINGTON , Dec. 4. The annual re
port of the secretary of the treasury on the
state of the finances was sent to congress
today. It shows the revenues of the gov
ernment from all sources for the fiscal year
ended Juno 30 , 1S94 , were $372,802,498 , ana
the expenditures $442,005,758 , a deficit of
100,803,260. As compared with the fiscal
year 1893 , the receipts for 1891 fell off $88-
011,003. During the year there was a do-
crcaso of $15,952,071 In the ordinary ex
penditures of the government. The revenues
for the current fiscal year are thus esti
mated upon the basis of existing laws
( cents omitted : )
From customs 1GO.OOO,000
From Intermit re\el\uo 163.000,000
Prom mlscellnnooua sourcis 15,000,000
From postal service 84,427,748
Total estimated revenues JI.M,427.743
The expenditures for the same period are
estimated ns follows :
For the civil eMnbllshment 591.250,000
"or the military estubllahmcnt 63,250.000
'or the tmvnl entiibllnlmient 32,500,000
'Ir the Indian service n,500,000
'or pensions 140,500,000
'or Interest on public debt 31,000,000
For postal service 4,427,743
Total estimated expenditures 1444,427,748
This shows a total deficit of $20,000.000.
It Is estimated that upon the basis of ex
isting laws the revenues of the government
for the fiscal year 1896 will bo : ,
I"rom customs $183.000,000
From internal revenue , 190,000,000
From mlHcellaneous sources ] 5 000 000
From postal ECU Ice 6,907,407
Totnl cat I mat oil revenue (476,007,407
CUSTOMS DISTRICTS SHOULD BE KEOR-
GANIZED.
On the subject of customs administration ,
the secretary says there Is , In his opinion ,
great necessity for a reorganization of the.
customs districts throughout the country ,
by reason of the fact that there are now ,
many ports of entreat which llttlo or no
business Is transacted. These should bo
abolished and the districts consolidated , antt
In his. opinion this could bo accomplished
without impairing the means ) 'rfecessary' to
protect the revenues against smugglers ana
without withdrawing proper facilities for
documenting vessels.
The appropriations heretofore made an
nually for the enforcement of the Chinese
exclusion laws are declared to bo Inadequate
for the purpose. The expense Involved In
investigating cases where Chinese unlawfully ,
enter the United States , In the trial of these
arrested and tho. deportation of these con
victed , including their transportation to the
Taclfie coast , Is very large , and the appro
priation referred to should , In the judgment
of the secretary , be not less than $100,000
per annum. The pending treaty between
China and the United States , under which
laborers residing hero may under conditions
leave this country and return hereto , will
necessitate the cxerclso of greater vlgllanco
and a consequent Increase In expense.
The department Is In possession of reports
Indicating a marked decrease In the num
ber of seals on the Prlbyloft Islands , and In
consequence the number permitted to be
taken this year was limited to 16,000 , and
for the ensuing year the number will have
to be still further reduced. Concurrently ,
with this falling off on the Islands there has
been for some years a great Increase In the
number of seals killed at sea. Wlillo the
olficlal returns cannot be yet stated , It la
known the total catch In the Northern Pa
cific and Bering sea for the season Just ex
pired Is by far the largest ever known In
the history of pelagic scaling. The decrease
In the seals on the 1'rlbyloff Islands , coupled
with the large number of dead pupa found
on the Islands during the last season whoso
mothers , presumably , were killed at sea , and
the further phenomenal Increase In the
pelagic catch , Justifies the belief that before
the expiration of flve years ? when the regu
lations enacted by the tribunal of arbitra
tion ore to be submitted by our government
and that of Great Britain for a new conven
tion to consider possible revisions In the
light of past experience , the fur seal will
have been practically exterminated.
NEW CURRENCY SYSTEM.
The most Important feature of Mr. Car
lisle's report Is his discussion of the subject
of currency reform , In the course of which
the administration's plans of a new system
of currency are set forth In detail. Mr.
Carlisle says :
f "On the If.tli day of July last the total
cash In the treasury , excluding current lla-
btlltlcs , but Including a gold reserve of $64.-
873,021 , was $116,626,221 ; and on the 1st
day of November the total cash , excluding
I current liabilities but Including $61,361,620
In gold , was $106,992,274 , showing a decrease *
e of $9,033,487. The excess of expenditures
a over receipts during the last fiscal year was
'J ' $09,803,260 , and during the first five months
of the present fiscal year , J21.737.307.92.
It Is not believed , however , that
this difference between the receipts
and expenditures will continue In the sama
proportion until tho" close of the year , and.
accordingly , I have estimated a deficiency ot
$20,000,000 at that time. Owing to the
largo Importation of raw sugar In anticipation
ot tbo tariff act of August 20 , 1891 , the duties
collected upon that article up to December
1 amounted to only $3,022,000 , and , of course ,
nothing has yet been realized from the tax
on Incomes , as Its payment cannot bo legally ,
enforced until after July 1 , < 1895. But there
Is reason to believe the Importation of sugar
will bo resumed at an early data and con
tinued upon a scale which will yield a larger
revenue from that source during the re
mainder of the year , and It Is probable also
that on account of the penalties which may ,
be Incurred for nonpayment within ten days
after July 1 a considerable part of the Income -
como tax will bo realized In tlmo to bo
available. My cplnlcn la that the laws now\ \
In force will yield an ample revenue for tha
fiscal year 1896 , as all their provisions will
then be operative and tbo prospective Im
provement In the business of the country ,
If realized , will greatly Increase the re
sources from which taxes ara collected , and
accordingly a surplus of $28,814,920 Is es
timated for that year.
"In my last annual report I called atten
tion to the unsatisfactory condition of
our financial legislation , especially to the
Issue and redemption of circulating nutoi by )
the government aud the Inability of the sec
retary ot the treasury , under existing laws ,
to make prompt and adequate provision for
the support of the public credit , The ex
perience of th > ) past year has confirmed and
strengthened the opinions then expressed ,
and I therefore respectfully but most earn
estly urge upon congress the necessity ( or
remedial legislation during Its present se * <
slon. The well known defects In our flnan
a. clal system and the serious nature of th
I evils threatened by them have dona mor <