"sVSW'fefpS'f-
El
151
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kA'
IS
Money Laid
Out On Groceries
in our store is always well spent. Yoit got
your full money's worth, besides the satis
faction that you are consuming only pure
goods. Even all the Canned goods that
are so much consumed during the summer
Htason arc bought by us from the most
reputable packing houses, with their guar
antee that we can warrant the purity ot
each article to our customers. Our Pickles,
Soup, Sardines and Fruits are the best
manufactured today.
JAMES GRAHAM
Just Received
-AT-
Brennan's
DRU STORE
HEAUTJFUL LINE OK
IMPORTED
Hand Painted
Chinaware
Haviland
Japanese
and other importations in most
pleasing artistic designs.
Also a fine line of
Cut Glass Ware
Call and see the new stock
I
SEPTEMBER
SPECIALS
VISIT THE OLD HOME
Low rate excursions to east
ern cities and resorts, North
ern Michigan, Canada and
New England.
SEE THE WEST
Attractive low excursion
rates to the Pacific Coast,
Yellowstone Park, Utah,
Colorodo, Big Horn Moun
tains and Black Hills
LOW COLONIST RATES
Mlly during bepteinberj
and October to PugetSound'
r.ilitnrni.i Wndiin.rtn.i n..'
"" ,"," '.',! :v"
juii unci nunciretis oi inter
mediate points.
IRRIGATED HOMESTEADS
crxr rlirl! ,MMEDKTE
SETlLtMENT
t r-. i i , ,, ,,
en. vhiimuiw mm i Mtvcu,
Wvo.
Personally conduct
ed excursions to these lands;
the first and third Tuesdays
of each month. Oovern-
ment
shows
ngmeer at Powell
the land. Also'
deeded and Carey Act land.
Write your friends back
east about these lands and
send their names to D. Clem
Deaver, General Agent,
Landseekers' Information
Bureau, Omaha.
SUm, "Ktb.
W. L. Wakklky. G. P. A., Omaha Net.
SOMEG00D EVIDENCE
Formr Secretary Gage and Con
gressman Fowler on the De
posit Guarantee.
THE WALSH FAILURE CITED
Clearing House Action i,ike Plan Pro
posed by Democrats.
Otinrit Asnirit llnnrst flanker Stiff
forliiir ItiiriM- Modern HjMem of
Cirdllw- liniikhook Should
Me Worth l'ac Ahtn)
W.v John K. l.nllirop.l
Lymnn .1. (Susc. former neerctnry of
th t:-ratiry, mar be repuded an uf
flclentl.v "conncrvntlve" to oliviute
feara that he would be "unHfe" in hl
blinking view. Before the homc com
mittee on banking and currency In
Washington .Mr. (jag discussed na
tional finances mid particularly the na
tional bank. He nought an Illustration
of the Idcn he was expressing, which
In general was In support of the guar
antee plan, and like ninny other
found It lu the WnMi fHlure In Cbl
i cago.
After explaining how the clearing
! house banks look over the ascts of
I the failed Institution gii:iinntccd nil
I depositor, mid prevented runs on oth
er bnnks. Mr. I Inge uld:
Mr. (.'lino's Stnlcmcnt.
"Well. Uie.v learned another lcson
nnd they adopted number principle, a
principle pent died for In tills (the
FWIcn bill. My the vote nnd vol
untary conpllnine of all th members
of the CiMir'ng House association,
they authorized the clearing house at
any time nuil at stated periods to act
upon Its own volition and on lt own
acocunt. and for the Information of
the clearing bouse committee Itself to
have full, complete nnd comprehensive
Investigation of ench member of the
association, and not only of each mem
ber, but ot every Institution Hint enr
rles the name of bank over It that Is
cleared or represented In the desiring
house by nny clearing- house bank; and
I can tell you as a safe prophecy that
we are at the end of 'disastrous fall
lire In the city of Chicago by clearing
house banks, since this regime has
, come In. I nm told that Kansas City
has the same thing, and other citjes
will eventually adopt It."
Hcprecnlntlvo Kmvlur, Iteptihllciin.
Charles N. Fouler. Republican, of
i New .lenroy, chairman of the house
, committee on banking and currency.
I appear In the Congressional Record
with a house speech In support of his
i bill which provided for guuiiitilee of
bank deposits. He specially answered
the assertion that such h guarantee
would Induce reckless banking, say
Ing: "Mr. Chairman, we are occasionally
met with the statement that guarantee
or deposits would lead to unsound
banking. Can you think of a
banker, because he had Insured his de
posits, going Into the directors' room
and saying: 'Gentlemen, we have In.
mired our deposits today. Now let ns
piocecd to make some rotten loans?'
"Is it not possible that It will occur
to those directors that- their losses
must come out of their profits, out of
their rvserves, out of their capital, and
out of their reputations' Will the
not realize that they can get noth'ng
out of the guarantee until the last dol
lar of their capital, surplus and
pioflts ha been wiped out, and stock
holders have been assessed double the
amount of their stock'
The HnnkcrK' lleputiitioii.
"Cntll their reputations have been
Injured. If not ruined, and possibly
some of them have been started on the
road to state prison? Can anybody
Iblnk that any bnatd of directors of
any bank would be less solicit Inns.
anxious and lionet and wise after
they had guaranteed deposits than
they wen before?
"t nsert again, after the most ma
ture deliberation, that ,f there Is one
reason for Insuring life and home.
tnere aie more than a thousand imnil
rcj.M.ns--inoie than ten thniiMiiid good
r""""s-w,,.v the depositor of the
''""king Institutions of the Cnlted
State ho
uld he liiMitcd."
Two Valuable Contriliutlou.
Those two men have offeted valtin-
,,,p nrLul !irs"u7knu
; Present trend of bankers towards a
I closer watchfulness over all liistUu-
tlons which accept the people'?
money
In tiut, and has Indicated the exact
means whereby, under a guarantee
law, bankers would do as now they do
niHlntP.lii an association empowered
to look sharply Into tlnaneiul concern
which seem to be departing from
sound methods.
Hi reference to Uie John R. Walsh
failure in Chicago was doubtless be
cause It was known to the country
gtucrally, having been given wide pub
Hetty nnd therefore most likely to at
tract attention as an illustration
However, there is scarcely a locali
ty wherein bankers lu late years have
not gone under toppling banks and up
bld theni by guaranteeing deposit
wholly or lu part. In order to help in
the tpielllng of popular distrust and
the undermining of confidence in all
bauklng Institutions.
No Delay for llepohltoi-tf.
It i quite- apparent that under
rourantee of deposits tbeie would be
no alurttlnn of conditions affecting
bsnks now, so for as concerns etploa
are. maintained -by-one over another.
The Important difference, however,
would be that depositors would not b
subject to the annoying, often disas
trous, delays In getting their money
which now they experience when
banks fall.
Hut, that fewer failures would oc
cur surely would be one iif the re
sults of HUcfi a law. Everyone knows
Hint many runs are prccpltatcd on
bnnks which arc absolutely sound.
Many n man, faithful, safe, conserva
tive, conscientious in caring for the
money of his depositors, hns suffered
runs caused by some rumor started
through niallcc. Mnny an honest
banker has hnd bin heart broken by
senseless runs, and lias groaned In
spirit as be realized that gross Injus
tice has been clone na reward for ear
nest and able keeping of the trust r
poed In hlni by his depositors.
The DarliiK Failure.
When a dozen years ago. Raring
Tirol hers, of London, suspended, It was
due to that very esplonngc by other
bankers to which Mr. Ooge refers.
The (tarings had embarked In many
Kortb American enterprises, some f
which were manifestly unsafe.
The governors of the Hank of Eng
land, sensing the danger, refused to
accept securities backed by them as
unfit for the Issuance of bank notes
under the custom of that country; that
action never tius been adversly criti
cised In any country, although It has
been discussed ever since the world
over.
Modern busbies Is conducted on the
basis for the Issiuincc of bank notes
tie nctual money passes from hand to
baud.
Modern System of Credits.
'ou go to your bank with a bundle
of checks nnd drafts nnd deposit thorn
to your credit. Agninst that account
thus opened, you draw checks. They
pass Into the world of business, are
accepted at face value, ' and circu
late virtually ns does gold, silver and
currency. If you pay your bills In
checks, often you pass through weeks
at a time when you have only a trifle
of loose change In your pocket for
street car fare nnd the small things
you ncctl from day to day costing too
little to bother to draw a check.
"A check cancelled is a voucher,"
has become a maxim In the business
world.
Complications of the System.
This complicates business and forces
all banks to associate themselves In
clearing houses, nnd probably I ho pub
lic would be ama.zed were they to
know at times how sharply the clear
ing house committee looks Into meth
ods employed by Its members.
In the panic that begun last October,
funds were carried from bank to bank,
taken ostentatiously through the front
doors, that depositors might know that
other banks believed In the- soundness
of the institution which had been at
tacked by a run, and performed al
most every essential of the guarantee
system.
Why?
Simply because the modem business
t.ystciii Is so complicated and so little
actual money passes current that ench
bank must know that the others are
properly safeguarding themselves and
nlso that they are permitting the car
rying of accounts by depositors whose
paper may always be depended on us
worth face value.
Heneaili i he Surface.
So beneath the surface, one could
witness the clearing bouse associa
tions examining collateral, securities
and assets, and often serving notice
on a given bank Hint the nssociat.on
will require some change In methods
on penalty of refusal longer to clear
for that bank.
Hanks Out of the AkkoHhIIoii.
How about banks uot in the associa
tion? Many perfectly sound bank are
not dliectly In the clearing house.
They clear through another bank
which does belong.
Precisely the same rule applies to
them, for, when need arises, the aso
elation erves notice on the member
bank which clcais for the non-association
bank as to what will have to
be done; and it Is done promptly, too,
In every Instance.
Hank-nook Should He Worth I "ace.
The essence of the guarantee plan Is
that a bank book should be worth its
face always An entry lu n pass book
should not constitute the assumption
of a risk by the depositor and the giv
ing of wide latitude to the banker.
Such entry should be iecognlcd as
Just as actual an asset as a bank note.
Also, proper ariaugements must be
made for the continued espionage of
bank by other hanks.
Lastly, and quite as important,
fiauklug laws must be enforced, over
certlticatinu must be stopped; loaning
of funds in national banks on obvious
ly speculative schemes must cease;
and other reforms must be wrought to
Invest the banking system of the
country with that complete confidence
-nhich. If Induced would put a stop
to all nervousness bv depositors
NO SCARES THIS YEAR.
"No one fears that Mr. Bryan's
election would provoke an Indus- a
trial, commercial and financial
cataclysm." New York Evening
J Past, Aug.. 1908. J
OOtlOlltltlllllllllttllOtl
Just Thai Lout;.
The New York Cvt "ling Post. (Re
publicum. aks "How long are flu
ti list to enjoy the!,- pioent license
to pick our pockets"'
Just uo long as the people keq It
power a party which derives Its cam
pulgu funds fiom the trusts.
mXKAK ACOIPTS VUMM
XUpubMcan Vice Presidential Candi
date Drawn Out by Congress
man He Arinond.
On the word of .lames Schoolcraft
Sherman. HcpuhKcnn vice presidential
candidate, full responsibility for con
gress' failure to enact many needed
laws must be assumed by the Itepub
lican party. t
April 8, 1!X)S. In the bouse, as printed
In the Congressional Record, Repre
sentative David A. Ue Armond, of
Missouri, said:
"When the question Is nsked any
where In the country and It will be
asked why was not this measure
considered, why was not that meas
ure passed, why was not the other
measure brought up? there is one an
swer, and only one: Because the He
publican majority In this house willed
that It should not lie considered, should
not be brought up, should not be
passed. We can stand upon that rec
ord. It !s well known that there Is
pressure In the country, and very great
pressure, for the consideration and
pasf-nge of n number of Important
measures. It Is well known that" a
large majority of the voting strength
of the country Is Insistent upon the
consideration nnd the passage of Im
portant measures. Do not, go to them
again, as you have done so often nnd
so successfully, and endeavor to de
lude them Into the belief that some
how you could not get consideration
for the measure and somehow you
could not pass It. You can have con
sideration, because you have the pow
er to enforce It; and, so far ns meritori
ous measures arc concerned, ns has
been demonstrated here more than
once nnd will be demonstrated again,
nnd abundantly demonstrated, you
have only to express the will, you hnvo
only to give the opportunity, nnd If
you lack the votes upon that side, as
you do not, there will be nn abundant
addition here."
Sherman Admits It.
The same day, replying, Mr. Sher
man said:
"The gentleman from Missouri In
timates that the Itepublican side of the
houe desires to do away with the roll
calls becauc of some fear of making
a record upon some question before
the houe. Mr. Speaker, the Republic
an party In the houso, the Republican
party in this nation, is prepared today
to accept fuil responsibility, not only
for everything tbnt Is done, but for
that which Is not .lone in the way of
legislation and administration. Ap
phiuse on the Republican s.ide. We
recognize the fact, sir, that Ibis gov
ernment today Is Republican In all its
branches. We recognize the fact thnt
we have a Republican president, brave,
wise, and courageous. We lecognlze
that we have a Republican majority
in the senate, thnt we have a Itepublic
an majority lu this house that Is ready
to resort to every legal, every proper
constitutional right to enact such leg
islation as It deems for the. best In
terest for the greatest number of our
people, nnd which is willing and ready
to accept full responsibility for all
those measures which arc Introduced
here and which are enacted into law."
MR. SHAW ON SOUP HOUSES.
Folnt Out Workless laborers and
KnglnclesK Cars Former
Secretary Talks.
Former Secretary of the Treasury
Shaw, In Michigan last spring, made
Interesting comment on panics as fol
lows: "Over ,".00.1)00 freight cars standing
empty on the tracks; 8.000 locomotives
out of commission ; one-quarter of the
population of several large cities Idle,
and, for the first time In a Republican
administration, free soup houses."
Hide Must Oo Willi the Hair.
Iii Secretary Shaw's care, the "hide
must go with the hair; that Is, his
comment on economic conditions must
be taken "en seinble," as the theatri
cal critieti say Ills sotindutss on bank
guarantee must accompany equally
sound opinion on other mooted ques
tions. Now that Mr. Tuft, against
whom Mr. Shaw labored, has been
nominated, Mr. Shaw might obtain
leave to "extend Ills remarks In the
record." and embellish his terse state
ment relative to -soup houses.
lie will easily overcome Democratic
objection, and perhaps can get unani
mous consent, under the rules.
FEDERAL USURPATION SHAW.
Republican l-'liiHiiclei-Cabinet Mem.
bt-r Denounces. Ileal Willi St-el
' 'trust l.ast October.
When the Trust Companj of
America. New York, was In troubir
last October, a representative of lv
steel trust went to Washington snd
obtained consent of the administration
for the trust to take oer its chief
competitor, the Tennessee Iron and
Coal company, as the pi Ice of aiding
the Trut Company of America. It
was a combination in restraint of
trade, a violation of the Sherman anti
trust law
Peculiar Proceeding.
Mr. Shaw thought this a peculiar
proceeding, as shown by his speech be
fore the National lCleetrle I.lglH s-o
elation. May '-'-t. RMiS. when l.e vd; "I
have 110 hesitancy in saying ttnt 'hs
Is the only tlrst-class countrj In r.lxv
world where permission could -Te
been obtained from the eeciiti de
partment of the government. Any
where else such a request would have
been answered. 'Ho couiuli your law
yer.' "
Living 'Cent Wane.
Has cost of HvlnR Increased
faster than have wngesT The
answer Is found In the follow
ing table of two Hne3:
Increasa.
Cost of living 4ft per cant
V. nges ID per cent
Frank W. Hitchcock, now
Nntlonal Republican chnlrmnn,
former first nsslstant postmas-tor-goneral,
recommended a
$5,000,000 increase In the com
pensation of letter carriers, giv
ing ns his reason that cost of
living has materially increased.
Salaries of senators and repre
sentatives were Increased 50 pa
tent, nnd many speeches were
made In both bodies to show
that so heavy has been the In
crease in living cost that the
raise In congressional salaries
was necessary, lest only wealthy
men be nble to accept office In
either branch of the congress.
Need any housewife be told
these facts? Is there a head of
a family who does not roallsie
their truth?
The Republican Party's Own Answtr.
In his address to the Republican na
tlonal convention, Temporary Chair
man Burrows referred to the Repub
lican victory In 1004, and then aBkod:
"In view of this indorsement, it be
comes pertinent nnd opportune to ln
quiro, what has the Republican party
dono In tho last four years of govern
ment control to forfeit public confi
dence or create distrust In Its capac
ity for future admlnis'xatlon?"
For this question the Rochester
(New York) Union and Advertiser
finds a striking nnswer. This Is th
answer which the Union and Adver
tiser takes out of the mouth of Sen
ator Burrows' own party ns stated In
the Republican Platform of 1896: "In
the broad effect ot Its policy It has
precipitated panic, blighted industry
and trade with prolonged depression,
closed factories, reduced work and
wages, halted enterprise and crippled
American production. Every consider
ation of public safety and individual
Interest demands that tho government
shall he rescued from the hnnds ot
those who have shown themselves In
cablo of conducting It without dis
aster." PUBLIC SALE
Owing to poor health the undersign
ed will sell at public auction at bis
ranch two miles east ami a half mile
south of Canton, and 35 miles north
west of Alliance, on
TUESDAY, OCTOBER, 0. iqoS,
commencing promptly at 10 o'clock
a.m., the following described property:
20 head of cattle, consisting of 9
cows, 4 3-year old steers, 2 yearling
steers, 4 yearling lieifeis, 1 grade bull,
2 years old, S calves.
1 5 head of horses, 2 mares, 6 years
old, with colts, 1 mare, 4 years old
with colt, 5 2-year old mares, 1 Shire
, stallion, 0 years old, 3 colts.
1 Machiuery Farm wagon, spring
wagon, 2 mowers, hay rake, hav rack.
end-gate seeder, disc, disc plow, har
row, cheese press, 2 sets of double har
ness, and other articles too numerous
to mention.
Terms of Sale All sums under $10,
cash; over 10, one year's time at 8 per
cent interest, approved security. No
property removed till terms of sale
I complied with.
I Free lunch at noon.
GEO. E. ZIMMERMAN.
C01.. W. M. Foskit, Auct. 4i-2w
Polled Angus
Cattle
I have in my herd of Polled
Angus cattle about thirty-five
head of yearling heifers and
heifer calves, of the sixth
cross (not registered) for sale.
Also a few registered bulls,
calves and yearlings, for sale.
This stuff must be sold at
once. For further particulars
and prices, address
j! a. amsberry,
41-
Mason Cit, Nebr.
Your Printing
It should be a. fit representative of your
' business, which means the high grade, ax
tistic kind, That.s the kind we do.
AN EXCELLENT ASSORTMENT
OF TYPE, GOOD PRESSES AND
TYPOGRAPHICAL ARTISTS
, These represent our facilities for doing
1 the kind of printing that will please you.
; The prices are right, and prompt delivery
1 the invariable rule at this office.
"Box "8Mfc .otfpftal
Sot rov"KCciVv6aV
aA SxTtjcaV Casts
GsUVrvcs a Sp&ta
Miss Mary E. Smalley
TEACHER OF VOICE
Hiss Edith H. Swan
TEACHER OF PIANO
STUDIO 424 Laramie Avenue
Phone - - 220
DR. G. W. MITCHELL,
Physician ane Surgeon Day and night ct lis
Office over Bogue Store. Phone 150.
H. A. COPSEY, M. D.
Physician and Surgeon
Plionc nOO
Culls answered promptly day and nlcht from
oflilce. Offices: Alliance National Bapk
LiulldlnK over the PostOfflre.
SrLSrETsLAQLE
with
DR. BELLWOOD
Special Attention
Paid to Eye Work
. GEO. J. HAND,
II o .m 1: 0 P A T II I c
PHYSICIAN A Nil SUKGKON
Formerly Interne Homeopathic Hos
pital University ot Iowa.
Phono 251. Office over Alliance Shoe Store
Residence I'hono 251.
Churchill & Thornton
PHYSICIANS ANI1 SL'KGKONS
(Successors to Dr. .1. K, Moore)
OFFICE IN FLETCHER BLOCK
Office hours -I Ml! a.m., 2-4 p.m. T;S0-0 p,m.
Office Phone 62
Res. Phone, Dr Tliouiton, 187
Night calls, Phone 62 or 187
Drs. Bowman & Weber
PHYSICIANS AND SURGEONS
First National Bank Bldg. Rooms 4-5-0
Office hours, to to 12 a. in.,
1:30 to 4, 7 to 8 p. 111,
Ollice Phone. 65 Res. Phone 16 & 184
Drs. Copper noil & Petersen
' OSTEOPATHIC PHYSICIANS
(Succcasors to Drs. Prey k Ilutfe)
17 and 18 Rumer Block
Office Phone 43, Residence 20
Mr. and Mrs. B. F. Lockwood
t'NDI'.KTAKINa AND I'.AIIIALMING
Funeral Director and Embalmer
Phones Office 214. Res. 205
ALLIANCE NEBRASKA
GUY H. LOCKWOOD
Graduate Chicnco School of Kinhnlrninis
WITH
B, F, LOCKWOOD.
AUG. F. HORNBURG
Private Nurse
Phone 492 ,
WILLIAM MITCHELL,
ATTORNEY
AT HW.
ALLIANCE. NEBRASKA.
eugenFburton
Attorney at Law
Office in rooms formerly occupied by
H. C. Noleman, First Nal'l Bank blk
"Phone tSo. ALLIANCE. NEB.
H. M. BULLOCK.
Attorney at Law,
ALLIANCE, NKB,
SUITH V. TDTTI.E.
I HA E. TAFH
TUTTLE & TASH,
ATTORNEYS
AT LAW.
REAL ESTATE,
S'orttiMHlnSt.,
AU.IANOE.NKH.
WILCOX & BROOME
LAW AND LAND ATTOKNEVS.
Long experience in state and federal
courts and as Register and Receiver U. S.
Land Office is n guarantee for prompt and
efficient service.
Office lu i.unj orricc iiniidim;.
ALLIANCE, - NEHHASKA.
Tell Us About It.
This pnper can give all the local
news only as our friends lend us their
co-operation. If &none visits you, If
ou contemplate leaving town, if you
fee or hear or do anything out of the
ordinary day's routine, tell us about
It, thnt -e may tell the public.
y
"S
