Image provided by: University of Nebraska-Lincoln Libraries, Lincoln, NE
About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (April 5, 1903)
THE OMAttA DAILY BEE: SUNDAY, AmiL 5, 1003. VALUE FOR TAX PURPOSES Meaty Paper on Htthodt of Attaining Taxab'a Propartj. EXAMPLES FROM OMAHA BOARD OF REVIEW Aaalyal ElemeBte thot Art I'rccd far t'oaeld.ratloa Oaldee to Vl-aatloae. Victor Roeewatar In Political Bclenc. Quarterly. Value U concisely drBned In standard trastlsea on political economy aa tbe pur chasing power of a commodity. What a thing will exchange for, we are told, de termines Ita value. What It will exchange (or In money, determine, Ita price. The elder economlata tried to distinguish be tween valu. In exchange and value In use, and to Illustrate their meaulng by citing artlclea which night hare little or no ex changeable value and atlll be highly useful and, per contra, artlclea which might com mand colosaal prices and yet serve no use ful purpose. Theae distinctions, however, have, bean entirely brushed away by pres ent day economic writera who oonBns the term "value" to what waa formerly termed "exchange value" and refer to ao-called value In nee simply at utility, of which value la the eoonomle measure. Theoreti cally, all that la neceaeary to learn the value of an article or eervloe la to put It a the market an! ascertain what It will bring either aa a cash consideration or la exchange for other artlclea or services. But in all thla we presuppose an absolutely tree field of exchange. In which conditions are no more favorable to purchaser than to seller, and a higgling of the market that will bring about a barter on the basla of equivalence of effective utility. Although these conditions are seldom presented in actual lite, yet in - taxation it ' becomes necessary to fix' aa near as may be the relative value of various artlclea or prop ertlca for purposes of assessment, and often without even the , possibility of experi mental ' exchange upon the market. The question then becomes a very practical and a very pertinent one how and by what atandarda shall property valuea be determ ined In making up valuations which are to constitute the basis of taxation. . In nearly all our American common wealths the revenue system, at least for local purposes, la built up around the gen prat property tax. The law requires, aa a rule, the listing of all property, real and personal, tangible and intangible, at Ita true fair cash value. The law always haa a aalo In contemplation yet a theoretical rather than an 'actual aale. According to the provisions relating to real eatate In a Nebraska atatute which may be taken aa typical, the property shall be Hated "at Ita fair. value estimated at the price It would bring at a voluntary aale th'ereot where public notice had been given and a payment of one-third cash and the balance secured by mortgage upon the property." In other words, not what a thing baa sold for, but what It would sell for under cer tain conditions Is to govern In arriving at value for taxation. The property to be assessed may never have been upon the market and have no prospect of changing ownership through sale, or It it baa a market price, this may Include elements quite abnormal; ao that In order to esti mate ita fair cash value allowance must be made 'or various factors and different criteria must be applied to find a satisfac tory measure of value. What then la the determining factor? To answer this ques tion we must examine analytically a num ber of factora each by Itself that, although conflicting, are constantly set op aa tbe real basla for tax valuations. 1. BALE If the value of a commodity la Ita purchasing power, why. should not a recent aale fix Ita valuation for assessment and taxation T The fact that a yard of cloth, a piano or a city lot baa Just been bought for a given price la certainly good evidence of value, but doea It necessarily fix Ita valuer Property la often disposed of at forced aale not, perhapa, at auetlon to the highest bidder, but yet under more or less duress or stresa that Impels its owner to sacrifice It for less than It ought to command. The most common forma of forced aale are those by receivers of bank rupt concerns and by administrators of estatea for whose settlement the heirs are clamoring. National banka are required by the national banking law to aell within a atated period real eatate acquired In the transaction of business, and In. order to unload their real estate holdings they fre quently make prices that will move the property In disregard of aettled property valuea. The pressure to sell may oome from many different directions, from necessity of meeting maturing obligationa, from Indisposition of people changing their place of realdence to take their property . with them or hold It aa absentee owners, from philanthropic) or superstitious ano- tlvse, from saltish Interests tor advertising purposes. vumj mw ht? lurvvv purcoiHi mm well aa forced aalea, with the eonsequent price above, rather than below, fair cash value. The forced purchaae la found where particular piece of real property la needed for a particular purpoae, for aoceaa to railway trackage, for a drainage outlet, (or right of way for Ingress and agraaa, for And many other ache to which wosm-o. are peculiarly subject are Renerallv the result of a diseased condition of the. womanly organism. When this dis eased condition la cured, euleacae, back ache, headache, etc, are cured also. Doctor Pierce's Favorite Prescription establishes regularity, driea the drain which weaken women, heala inflamma tion and ulceration and cures female weakness. When theae diseases are cured the aches they cause are also cured. I will dropyoa a few liaas tavdav ta let yoa know thai I aaa restles; well aow." writs MUa Annie Stephens, W kcnavilU, Weed fa.. West Va, I fcl like , sew worn a. I took aewral buttle, mt 'favorite PrMrrtgKMa ' mmA mt Ik, 'CoMce hfeeical bucmry.' 1 have aa kMi ache aaw, ao eackaca, aaa ae paia la say aide or nun. No beer.af -dowa safe say am. luiuk that there t bo Medietas haa Or. Pierce s medicine. 1 thank yea very muck for what jmm have daoa far your sued ions baa ease sue snath guaa. The People 'a Com man Sense Mediae Adviser, a book containing 1008 pajraa, is given away. Send ti one-cent stamp for expense of mailing ely, for the took in paper cover, or 51 atamp foe the volaine bound in cloth. Addrcae Da ft. V. Plercav jjigaln, y, Y. - completing the symmetry of a store build- I tng or a fine residence. A part owner of I property, resl or personsl, may be forced to buy or sell to adjust control. In all these esses a monopoly price ta exacted which may never again be maintained and the purchaser may truly be aaid to have given more than the property la fairly worth. To assess It for tsxatlon at the purchase price would be over-shooting the mark aa much as taking the price of a forced sale would be undervaluing the property. In connection with aale prlcea aa the basis of tax valuations we occasionally meet complications arising out of the diffi culty of sepsratlng tbe different component parts of the trsnssctlon. For example, A may be the owner of three plecet of real estate, lots 1, and a. of which two are desired by B. A asks $1,000 for each lot and insists upon selling all three or none. B offers 12,000 for lots 1 and 2, and finally compromises by buying all three for $2,600. He regards the purchase price of lot t aa $500 and acks to have Its assessment for tsxatlon placed at that figure. Or, again, a man may buy a tract of land consisting of several pieces, picking up one at a time. The first he msy get at a bargain, and be forced to pay a fancy price for the last. Msnlfestly the fair valuation of the whole property may bo represented neither by the price of the first aor ef the last, nor yet of the whole. To allow salea such aa these to furnish tbe standard for assessment not only for the property directly concerned but. also for that adjacent or similar to It. for all valuations mu,t be relative, would on one side prevent all equity In taxation, and on tbe other destroy all stability In assessments. t. OFFER When actual aalea prove not altogether trustworthy, mere offera to buy or sell must be subject to equally de ceptive vagarlea. That a commodity or a piece of real estate la held by Its owner at a certain figure, no more flxea Ita value than that, when placed on the market, only Inadequate offers are made tor Its purchase. One person might offer only a few dollara for a gold nugget weighing a pound and another hold a paste diamond for the price of a genuine atone, yet neither would give any reasonable Indication of the true value which the assessor alma to get at.- Property may be on the market for yeara without eliciting any offer at all. Yet no one would contend that it had lost Its value or that It should be exempted from taxation. The very tact that an offer to buy or aell haa failed to ripen Into an exchange must be take to discredit It aa the basla for aasesslng the property, since It proves conclusively that one of the In terested (tartlea refused, to accept the other'a valuation as a proper equivalent. I. COST OF PRODUCTION Coat of pro duction, though closely akin to aale price, la atlll allghtly differentiated from It. The cost of building a house la a good Index to value if the work of construction Is of recent date, but what It cost to build a house ten yeara age. or even last year. Is not conclusive evidence of present value. The house may have been extravagantly erected, or It may have been lose to the contractor. The owner may have put his own labor or supervision Into It without including the value of auch labor in the cost figures. Some of the construction work may simply have replaced other parts destroyed or discarded. ; An example In point haa come under notice, where a wealthy man, prejudiced against new build ings, bought a residence lor $30.000 a price generally regarded aa exorbitant tore out most of the interior and remodeled the exterior at an . additional . cost of , somo $30,000, and then found the property on the assessment roll for only $43,000. v tha-taxation of Intangible peraon- alty the cost of production basis is out of the question. The cost 01 prouueju franchise la Indeterminable, while the cost of procuring It through the usual channels depends entirely upon the methods em- ployed. The cost of proaucing many .1.. hirh are loint products or by products la likewise elusive, becauae tbe coat 61 eacn component cauuui 1 tr haa tha cos t any direct Influ ence on the market price beyond aetting limits below which it cannot permaneuwy fall. Cost of production goes up and down, often changing with the aeaaona, while assessment valuatlona are made no oftener than once a year. To adjust the tax to .i,h. hih ar low period would work ln- Justice aa much aa to go back with valua tion to coat prlcea 01 ions ego a rricT OP REPRODUCTION Aa guide to value, cost et reproduction haa the advantage of Contemporaneity over wit of production, but ta suojeci to me " limitations though In perhapa lesser de gree. In this connection me question Insurance affords an InatruoUve sidelight mA tt amount of Insurance carried upon buildings, atocka of merchandiae and per- aonal property la often or me utmost slslance to the assessor In making hla valuatlona. Insurance where carried In full constitutes the ownsr'a estimate 01 toe cost of replacement or reproduction in the event of total loss by fire. Property, however, 1 usually under Insured and only Infrequently over Insured. Aa a rule tne u per cent clause operatea to enforce Insurance at leaat up to that amount and It la not te be presumed that tbe prudent business man will mt nremluma on ollolea In excess of the amounts he may recover for destruction of hla good. But It must aiwaya na re membered that lasuraac givea merely a glimpse at a estimate et value aad that the estimate ef Insurable value dependa upon tbe aame factora that are conatdered Independently 1 oenputlng assessments tor taxatle. f. EARNINO POWER If our revenue system were baaed exclusively e Income, earalag power aloae would be the da Urmlnlag factor 1 taxation. That ww rely for the moat part ea the property tax em phaalsea the fact that v refuse te recog nise earning power aa the sole teat of abil ity to pay taxea. But ne one would tor a moment think et disregarding earning power altogether In arriving at property valuea. The production et revenue er In crement ar at least the capacity preaent or prospective to produce revenue la what make property saianie unless 11 o. aoms thing that ministers to personal gratifica tion. For real estate the reatal value I the chief Ingredient of value. Thla pre supposes, however, that the property la Improved to Its full capacity and alao that It la devoted to the most profitable uaa. Unimproved property from which no reata whatever Inure muat, however, under our system of property taxation, contribute to the public revenues and be aaseased at it fair value proportlonably to that which Is Improved. Agala tha figures given aa rental value often Include paymenta not etrtetly regardable aa rent The tenement may be paying for heat, power, light, water, tele phonic communication. Janitor service and many other things In lump sums on a bill rendered for rent. Where real eatate In vestments are expected to net a current rate of Interest. It ia commonly assumed that a piece of Improved property Is worth so maay months rent; but for auch a com putation It la plain that the actual rental value must first be ascertained by exclud ing all Itema foreign to the Idea of real. For mercantile and financial laatltutlona. It ia aiwaya difficult to laolate the receipt properly defiaabl aa earnings en Invest ments. The reward for risk Incurred In hazardous undertakings must have allow ances as a aet-off In estimating property valuea by earnings. The confidence of tbe public and more particularly of tbe patrona la tbe management of a buslaeas Institu tion haa much to do with the earning Confidence in a bank, for example, might be ahaken by some outside incident com pietaljt disastrous to it earning power, yet without In tbe altghtett Impairing tbe value of the assets. And the reverse may hap pen; a bank with Impaired resource my recoup its falling fortunes by a change of responsible management without the ad dition of a alngle dollar of new capital. Again, In gauging property valuee of mer cantile concerns tor assessment on the basis of earnings, confusion Is created by the fact that real earnings are too often hidden. F.arnlngs may be In kind aa well a In money and profits distributed through chsnnels other tbsn dividends. Finally there may be no earnings at all, or even an actual loss, with property valuea atlll maintained and atlll aubject te assessment and taxation. 6. CAPITALIZATION The relation of capitalisation to tbe value of the property by which the stocks and bonds are se cured la ordinarily direct and proportionate, but atlll neither the face value of the se curities nor yet their market quotations necessarily measure the valuation that should be put upon them for taxation. Aa everyone knows, while capitalization la gen erally built upon earning power, the prlcea of stocks and bonds can be readily manipu lated by various disturbing Influences. Aa there may be hidden earnings, ao there may be hidden capital; and there may alao be fictitious capitalisation 'based on worthless assets or unfounded promises. In the prac tical work of assessment for taxation the most perplexing problem presented by cap italization Is the determination of the tax able value of a portion of a going concern In one taxing district aa distinguished from other portions outside of the taxing Juris diction. To cite an example that haa come under recent observation: A telephone company doing business In three states was called upon to make return for assess ment for city taxation within boundaries that embraced only one of Ita exchangee, albeit the principal one and the aeat of the corporation headquarters. The com pany contended that. Inasmuch as Ita out standing securities conMated exclusively of stocks sggregatlng $1,798,000 face value bearing per cent dividends and selling for par on the market. Its entire system must be token to equal $1,798,000 In value. In order to ascertain the part returnable for the one exchange in question Its officers prepared an appraisement of all the tanglole property, of which $300,000 In personal property and $88,000 In real estate waa credited to the head office. The remainder left after subtracting the value of the tangible property from the capitalization figures waa then dlatributed along the line In the same ratio, aa representing the franchise value. The' resulting return for the part of the plant under consideration embraced $378,000 aa tho total personal as sessment In addition to the real estate listed at $88,000. Further Inquiry, how ever, disclosed aggregate earnings for the whole system of $757,000, ef which approxi mately $240,000 came from the buslnesa transacted through thla one exchange. In earning capacity, therefore, the part to be assessed constituted six-nineteentha In value of the entire system and the capital ization aubject to assessment In that tax ing Jurisdiction figured out $568,420, In stead of $466,000, aa Ita officers would have preferred; while computed onsthe basla of net earnings, the proportion of the capital properly represented In the main exchange would have been atlll greater. Whether mortgagee should be considered aa Important factora In property valuatlona is decidedly questionable. A mortgage may arlso.out of many different conditions. It may represent an unpaid portion of the purchaae price; If ao. It bears no definite relation to tbe value of the whole property. It may be merely evidence of part owner ahlp or of a different ownership; aa auch It Is a device resorted to solely for tbe purpose of obscuring title to protect tha real owner In which the consideration may be far iu excess of the' value of the se curity. A mortgage anchoring a bond Issue Indicates nothing more than that the prop erty or business Involves borrowed capital in addition to that represented by the shares of capital stock. In somo instances, too, the mortgage security covers all tho capital actually Invented, the atocka being pure water. Aa a general rule, however, It la safe to assume In the absence of ab normal features that mortgaged property la worth at least a considerable percentage of value greater than the face ot the obliga tion. CONCLUSION From this discussion It might appear that an equitable assessment of property for taxation were an absolute Impossibility. But we need have no se rious apprehension on that score. No single tax haa yet been devised or la likely to be devised that will produce automatic ally a Just distribution of the burdena ot government. Likewise for the property tax; no one basis of valuation la Infallible, but all of them are uaeful. Not only that, but the one serves to check the other and to offset errors ot exaggeration and of de preciation. The moat satisfactory assess ment of property for taxation will be that made with the fullest kaowledge of all the essential factora bearing upon the ques tion ot value while the most defective assessment will be the one that la baaed upon only one factor to tbe exclusion of all the otbera. PRATTLE OP TUB YOUNGSTERS. ' Little Nellie waa out tiding one day with her mother and aa they pasaed n cemetery aba asked: "Mamma, how long doea it take for the tombstones to come up after they plant people? Teacher (of elaaa In anatomy) Hew many bones are there In a chicken? Millie (youngest member of a large fam ily) I can tell you how many there are In the neck. That' the only part I ever get. k "Bessie," said the teacher to a amall ia fU. "can you tell me what memory la?" After a moment'a reflection the little one replied: "Memory la the thing people uae to forget things with." Mamma Now, Willie, aee here. Haven't I told you never to behave In that fashion If you dlda't want te be punished? Willie Well, mother, it yeu can't re member what yeu told me you eat't expect me ta. The amall boy who had been forbidden te go In awlmmlng stood on the bank and looked longingly at the water. It then being the glad summer time. "I wish," he alged at laat, "that w waa Baptists." A pupil In a village achoel who had been requeated to write an essay on the human body handed la the following: "The human body consists of the head, thorax, abdomen and lega. The head con tains the brains in case there are any. The thorax contain the heart and lungs, also the liver and lights. The abdomea con tain the bowels, of which there are five a, e, I, 0, u, and aometlmea w and y. The lege extend from the abdomen to the floor and have hingea at the top and middle to enable a fellow to ait when atanding or to aland when sitting." eaesa.laa War Settle. After three weeks' negotiations a peace ful aettlemeat of the Venezuelan contro versy haa been effected by which the block ade la to be raised at once. The quickeat way to aettla any disturbance of the atom acb la to take Hoatelter'e Stomach Bittera at the start. It will positively cure nausea, belching, heartburn, inaomnla, nervousness. Indigestion, 'dyspepsia, la grippe or malara. We urge you to try It grippe or malaria. We urge you (o try it ate of the bottle. Avoid substitute. HYMEN'S RECORD IN FIGURES Tale Told by Marriage. Liotnio XegirVer of Dauglu County. INTERESTING FACTS CAREFULLY COMPILED Ezanalaattoa of the Hooka Slae the First Marrta- la the Caaty Shows Som. Carloas la dlrldaal n.eorde. To be frank and resl precise about It Adam waa the only man In the world'a history who married for love and didn't deceive himself when he was about It. And Eve the only woman with similar dis tinction. For has not every honest groom from that day to this considered he waa marrying "the only woman on earth," and every bride that she wss marrying "the only man on earth?" And haven't they all been wrong about It except those original two. Why, certainly! There Is simply no getting around it, when one cornea to view the proposition dispas sionately and with the clearer sight that a person hsd some yeara after the ceremony la over and the honey all rubbed off the moon. However, one doesn't fully appreciate Just how widely this "only-one-on-earth" sup position misses the mark until he starts in to figure how many other men become greoma In a year and bow many Other women become brldea. Take Douglas eounty alone, for Instance. The marriage license bureau shows that since the first "permit" waa Issued August 21, 1856, there have been nearly 23.800 marriages, which, of course, means nearly 23.800 grooms and nearly 23.800 brides. In Just these last eleven yeara. or since January 1, 1892, there have been 13,000 of those marriages and now they are averaging four a day for week days. Plrat Marrlaa la Coanty. That first marriage was, the record ahows, at the home of Judge William F. Scott, with James A. Caggart, aged 23, and Miss Mallnda Scott, aged 16, as the con tracting parties. Reubrn Gaylord. "min ister of the gospel," officiated and the wit nesses to the contract were James Plrkard and Jesse Shoemaker. There may - have been early marrlagea, but there la no record of them at the court house now and of thla one there Is only the copy of tbe statement. that the ceremony waa performed. The first licenae Issued ap pears to have been that given W. H. Stark and Mary M. Salisbury, who were wedded at the Wllllt bouse in Florence at "8V4 p. m.," August 8, 1857, by E. Adams, rector Of St. John's chJrch. Thomas O'Connor,' aa acting county Judge, Issued the license. From then until January 1, 1892, the 11 census were bunglesome affairs, written with a pen and pasted onto stubs, 200 in a book. On thla latter date the present sys tem ot printing blsnks with perforated atuba waa Inaugurated and the compilation ot statistic made much easier. Some Matrimonial Statlatle. The stubs show tbe birthplace ot the groom and of the bride, the residence and age ot each, the intended residence after marriage and by whom the ceremony was performed. The showing made in each of these departmenta may be estimated from tbe record of a hundred marriages recorded for last October. Of the hundred grooms, five were born In Omaha, n'.ne elsewhere In Nebraska, thir teen in Iowa, twelve In II'; loots, eight In Indiana, seven In Germany, tlx In Sweden, six in Missouri, four In Bohemia, three in Pennsylvania, three In Denmark, two In Wisconsin, two In Russia, two In Italy, two In Ireland and one each In Ohio, Colorado, New, York, Maine, Switzerland, Tcxaa, Mon treal. Washington, D. C; Kansas, North Walea, Austria, Michigan, New. Hamp shire, Massachusetta and Vermont. One would auppose that the brldea would be of less scattered nativity, but they are not Ten were born In Omaha, fourteen elsewhere In Nebraska, alxteen In Iowa, ten in Illinois, nine In Sweden, six In Missouri, six In Bohemia, four In Cermany, three In Canada, two in Pennaylvanla, two In Mo ravia, two In Italy, and one each In Russia, Ireland, Alabama, Austria, Kansaa, Indiana, Michigan, New York City, England, Den mark, Minnesota, New York, Virginia. The records in this lnataace contain three blanka aa to nativity. Lived Heaver Home. The ahowing aa to residence at the time of marriage, of course, la more local. Ot the grooms, fifty-six lived In Omaha, fif teen In South Omaha, sixteen elaewhere In Nebraaka, alx In Iowa, besides tw In Coun cil Bluffs, three In Missouri, two In Penn sylvania, two In South Dakota and one In Colorado. Tbe brldea make even a better showing In fact one which proves what n prise arti cle an Omaha girl la. Of the hundred, six tv-slx were Omahana. ten residents In South Omaha, eleven from ether point In Nebraska, one from Council Bluffs, five others from Iowa, three from Missouri, three from Illlnola and one from Washing ton, D. C. Of tbe mated couplea, fifty-eight proposed te make Omaha their home, fourteen were going to Uve In South Omaha, tourteea elsewhere In Nebraska, two In Council Bluffs, six elsewhere In Iowa, two In South Dakota and one each In Colorado, Okla homa and Pennsylvania. One hasty pair didn't know where they wonld live. Aces of tho Kxaerlsaeatera. And now comes that deliogte matter of age. Of tho groom eleven were married at 26, ten at 22. nine at 21 eight at 21, aeven nt 26, five at 24, tour at $4, tour at 32, four a a, four at 2S, three at IS, three at 13, three at 31, two at 42. two at 33, two at 36, two at 30 and aolltarla at 16. (0, 47, 46, 43. 41, 40 and 37. Among the bridea the coat popular ages were 21 aud 24. apparently, aa thirteen were married at each. Ten were married at 23 and ten at 20, eight at 18, eight at 23 and eight at 19, four at 28 and four at 80, three at 36, two at 33, two at 37 and two at 26. There waa one for nearly every other ag from IT. or one year less than the age of consent. In which Instance the parents' written permission had to be submitted, up to 63. Of the ceremonies clergymen conducted aeventy-alx, the county Judge aeventeen and Justice of the peace the othera. Of the mentha, June ha been the moat popular for weddlnga, the number last J June having been 166 and ror previous Junes almost aa large. Ot solitary days, however, the most proline at the llceaae bureau are thoae Immediately preoedlng holidays, and npon auch occasions the number of licenses Issued mount as high aa twenty for a day. Ordinarily, more licenses are Issued on Monday than en any other day of the week and fewest on Saturday. Superstition seems to be a factor, however, tor It aa not on record that n marriage waa ever per formed at the court house on a Friday which fall en the thirteenth of a month, and very few licenses have been Issued upon auch date usually none at all. The per eeat Of marrlagea that terminate happily, or at leaat tolerably, la indicated perhapa by tha ratio existing between tba 1.200 licenses Issued Isst yesr and the 814 applications for divorce filed In the earn period. eiosing Out balance of sample line of Jine dressers, ciif outers. Come Monday if yon arc inter ested) they will soon go at these prices. Remember these are of the largest manufacturers, Graiul liapula sample line, and you save one-third at least, from regular price. All handsomely pot-ish-ed, choicest designs, in short the very latest patterns' $30 Bird's-eye Maple Dresser sample price.... $33 Curly Birch Dresser sample price $33.50 Mahogany Dresser sample price $.12 Mahogany Dresser sample price $33.50 Dlrd's-eye Maple Dresser sample price $38 Curly Birch Dresser sample price $36 Curly Birch Dresser eample price v $38 Mahogany Dresser sample price..... $16 Golden Oak Chiffonier sample price LADIES SHIRT WHIST BOXES VT. al! fTT1 n ' j and liutHi inside, fitted with handles and hingea, four different sizeR, special, eflch, $2.23, ?2.75, $3.00 and 3.50. WHERE CARPET store that's best to patronize. We've the new spring assortment, new coloring, now weaves in any desired quantity and the prices will bear out the reputation of economy that this store sustains. Velvet carpet apeclal $1.10.. Thla carpet comes in a variety of patterna. tho newest shadea coloring. You will be pleased both with tbe quality and price. STOCK RCGS s iitige just m present, i nese rugs axe made from short lengths of carpet in all qualities of brussels, tapestry, velvet, Wiltons and are prices at a saving of at least one-third from regular. Now while the assortment is com plete come early and bring your measurements. LACE CURTAINS $3.00 rufiled curtains, runted curtains, ?2.9o per pair. $3.00 rufiled curtains, $3.75 per pair. Portieres We have just received our spring stock and tuey are more beautiful than ever. Trices less than ever. $0.75 portieres, very special, $3.00. Couch covers 3 yards long, 50 inches wide, only $1.50 each. Poor Panels three styles, 75c each. CURED BY WHITE RIBBON REMEDY No taste. No odor. Can t given In slau ef water, tea or eoffeo without palltnt's knowledge. While Ribbon Hemedr will cure or oectror the dlacaeed appetite lor alcoholic tlmulanta, whether tha patient Is a confirmed Inebriate, a "tippler, ' aoolal drinker or drunkard, lmpoaaible for anyone to bar an appetite lor alcohollo Unuora alter uaiug White Ribbon Remedy. Indoraed tr Members of "W. C. T. 17. Mrc Moore, preea superintendent of tho Woman's Chrlatlaa Temperance union of .Ventura. California, wrltea: '! have toated White Ribbon Remedy on very obstinate drunkarda. and the cures have been DMny. In many esses the remedy was slven secretly. I cheerfully recommend and endorse White Ribbon Remedy. Members of our ouion are delighted to find aa econAmical treatment to aid us la our tem per. nee work." Druggists or by mall. tl. Trial package Ires by writing lira. A. M. Townsend (for years secretary of a Woman's Chrlstlsn Temperance union). 111 Tremont street, Boston, Mass. Sold la Omaha by SGHAEFERS' CUT PRICE DRUG STORE 'Phone T4T. . W. Cor. llth and Chicago streets. Ooods aellrered rKII te aor part of city. California Cheap Trips The Santa Fe will sell roucd trip ticket to California at about half-fare, lay 3 aad rUjr 12 to IS. Also one-way colonist tickets, dally until June 15, at very low rates. It will pay you to Investi gate these great opportunities. ''Santa Fe all tha war." Chicago ana Kanau City to Lo Angeles, Ham Lilego and Ban Francisco. Intarestlnt pamphlets fraa. t B. L, Palmar, P. A.., 401 Equltabla Bldg., Oes Moines, I a. Santa Fe DR. SENILES Bo wall and favor ably known as tha leading, most reliabla and successful SPECIALIST In all LltEAdES and Dia OHDKKS OF MEN. They have been many yeara In estab lishing; their reputa tion IN OMAHA for honest and honorable DEALINGS, and dally receive many, let tera thanklna them for the CUR tea fected and the great good they are doing for men. Their Ufa work baa been d voted, aa Specialists, in treating all dia aaes of men. BE CERTAIN OF A CVRE by CON SULTING the MEAT FIRST. DK. SKAKLES graduated at two of the beat medlral college and la acknowledged the beat EXPERIENCED and SKILLED SPECIALIST In all dlBeasea ba treats. R. BEAKLE8' Consultation and Advlea are FREE, In person or by letter, and aacredly confidential In all diseases. Written Contracts given In all curable dlneaaes of men or refund money paid. Msnv cakes treated to Of) per month. Coast LI ATIOM FMUIC. TUB ATM EXT BY MAIL. Call r adlre. Cor. 141m Jt Don ulna. DR. SEIRLES & SEARLES usuua, JtsCJi. TWENTIETH CENTURY FARMER rastUi mm Timely artlclea. .21.00 $18.50 Golden Oak Chiffonier sample price 22.00 $23 Bird's-eye Mnple Chiffonier sample price .. 22 50 $22 Golden Oak Chiffonier sample price 21.00 $.12 Curly Birch Chiffonier aamrle price . 22 50 $2 Mahogany Chiffonier sample price .25.00 $-'8 Blrd'a-eye Maple Chiffonier sample rrlce .. .23.00 $H6 Curly Birch Chiffonier sample price .23.00 $2? Mahogany Chiffonier sample price .10.75 $32 Blrd'a-eye Maple Chiffonier sample price... PRICES ARE LOWEST I til n nn li si-vrsV am n r t obbu""i mt-we rugs in Our big April sale continues and the bargains in bright, new curtains remains the same the entire month. swiss and net, 100 styles, all rdiard & Wllhelm THITEEf Mr. M. Applegarth of Cuba, Kansas, Treated for Kidney and Liver Troubles for Past Ten Years. PATIENT GREWSTEAD1LY WORSE Some Time Ago He Tried Cramer's Kid ney and Liver Cure and Found Great Relief From the Very First Bottle. His Pain Has Left Him Entirely High Words of Praise for the Famous Cramer Cure. $10,000 COULD NOT BUY IT Unsolicited Testimonial From a Long Sufferer Who Has Attained a Cure and Hence New Lease of Life Which Was Really Despaired of, Cuba, Kansas, Jan. U, 1902. Cramer a Co.: Kind 8 Irs I received yours of yesterday and to say that I was surprised la mild In deed. Kind sirs, believe ma when I say to you I am thankful If I can be of any use to you at all. just aay It. I will tall you a little about my situation for the last ten yeara. I have been doctoring all th. time. 1 have spent all I had and go', no better. I have doctored with thirteen different doo tora. but a"t worse. I trie! all tba patent medicine 1 could set and got no better. Finally I got a bottle of your medicine through the advice of a conductor on the B. 4 M. road, and I have taken one bottle only, and I can truthfully aay that today I do not feel the least bit of pain. Now, If you can ahape this in a testimonial that will do you any good, do ao. and aend it to rae and I will sign It willingly. Again I aay thank you for your favor to me, whlob la without price to me. If I could not get any mora of it then It would tak. $10,000 to buy what you have given me. Oood-Bye. Thank You. M. APPLEdARTH. Genuine fresh Cramer's Kidney and for sue; 11.00 alxe for 75c at SCHAEFER 16th an j Chicago Sts- Omaha. mm .13.23 .16.75 ...14.50 ...19.50 ,..18.25 .18.23 r.23.50 .17.00 ..19.25 and where the freshest are offered you ia the i 11 i an sizes lor rooms is very new, $1.50 pair. OCTORS FfllLE tat. t Hew York, I City aad Ceaaty sf Alba ay ' Charles IL Sebaefer, beta daly sworn, aay. ha t. th. pr.atd.at I th. tranur Chemical Corn s' a ay ( th. city mt Albany, N. V., that th. aaneaed latter from . A.plecarth, Caba, Kaataaa, waa aetnally received by .aid aoaapaayi that th. .asst. was aaaollclt.d aad that d.aoa.at aor. aay member ar t.clrhold.r of said Compaay ar acaaalat.d with th writ. of auch letter, CHAS. H. ICHAEFEH7 abaerlb.d aad awora (a. a.) to before ma thla Sard day mt Febraary, 1UOS. A. O. EELMAX, Xotary Pabllc, Albaay Coaaty, JT. T. liver Cure may b found la two atsea, (1e S SiVusro'Si Two 'Phones, 747 and 797.