, THE FK0NT1ER.
rmiiNiP rvixt thurpdat n
Tib Pboktikb Prihtih# Co.
’ O’NKM.T.. •> -> NKBrJJskJL
OVER THE STATE.
Citizens of Omaha are talking' up n
■ Sugar factory.
A woman’s literary club has been or
ganized in Fremont.
Tiik citizens of Hartley have arranged
a course of free lectures.
Nkw cases of scarlet fever continue
to develop at Beatrice.
A Baptist Young People’s union has
been organized at Ku&hville.
Tiik sentiment in Dodge county is
that they must have » sugar factory.
A OKNicnouA citiz. Lincoln con
tributed 2,003 pounds of flour to the
poor.
As attempt >vas made to burn one of
the workshops of the penitentiary last
week.
Urand Island has a new newspaper
In (he Sunday Journal, It. D. Carr.pub
Xisher.
Rasyi:, who killed W. O. Wright at
Valparaiso, is behind the bars at
Wahoo.
"v D4wks county has six flouring mills
and thinks it could make good use of
another.
Mrs. Barnes of Hastings was seri
ously Injured by being thrown from
the buggy.
Barney McGinn, on trial in Omaha
for murder, was found guilty in ti£
■ first degree.
An Ohio man bought seven quarters
of land in Cherry county, for which he
jMtid 910,800.
Tkk Nemaha Valley Poultry associa
tion held a three days' exhibition in
Auburn last week.
A white man and a colored man
fonght a prise fight at West Lincoln.
The Afro was defeated.
A thief entered the office of a Nor
folk dentist and carried off 935 worth of
gold plate and ten silver dollars.
Beatick is quarantining all cases of
membraneous croup, of which there
are quite k number in that town.
Flowing wells are becoming very
popular in Holt county, as suggesting
■ the cheaper method of irrigation.
Articles of incorporation of the Ta
ble Rock Vitrified Paving company have
b«en filed. Captal stock 950,000.
* c The foreign grocery frauds lately dis
posed of a carload of shelf-worn prunes
■ and other things in Adams county.
A man named Uuatavson was run
over and killed by the cars in South
Omaha. His body was horribly man
gled.
Charles E. Johnson, a “trusty” at
the Nebraska penitentiary, is missing
and a reward of 950 is offered for his
capture.
George McGregor of Hartington fell
through n crack in the floor of his hay
. loft and broke three rihs loose from the
' spinal column.
TiMOTHy Kinney of North Bend is
feeding 5,000 sheep and will soon re
active 8,000 more to winter. They all
*fx>me from Oregon.
' * Bob McDonald of Pierce is short a
beard and eyebrows, the result of heav
i tng kerosene upon the glowing embers
in the kitchen stove;
‘The North Loup Irrigation and Im
provement company will do business on
|t capital stock of 950,000 at North
Lonp, Valley county. . .
Rev. Kimble hat resigned the pas
‘ (orate of the Universalist church at Te
cumseh and will go to Lynn, Mass., to
* re-engage in church work.
Horace Rogers, one of the oldest
itnd most honored citizens of Harpy
county, died last week, aged 83. lie
bad lived in Harpy county 37 years.
Omaha life insurance men are work
ing to get the national convention next
year brought to Omaha, and will send 1
'• Strong delegation to Chicago to se
: cure It
Tub store fit John Orvis of West
Union was burglarized the other night
■ and 9350 in cash extracted from the
; 'pafe> besides a gold watch and other
wnlnables. V V
?h Th® Sidney Live Stock company of
Cheyenne county hied articles of incor
. poration, with a capital stock of 92,600.
George and Francis Keelan and Charles
. C Nelson arc incorporators.
Th* people of Shelton are caring for
the needy in a most generous manner.
> two wagon loads of groceries were
'. donated in one day, besides several tons '
•of coat and considerable cash.
; " Janes B. Conner, dealer in hardware
'.at Gilead, was closed under attachment
y of Wyeth Hardware and Manufacture
: lag company of St. Joseph. Slow col
■ lections is said to be the cause.
V; A number of teBts made indicate that
^fourteen pounds of pork can be made
it from feeding a bushel of wheat. Yet
farmers are selling wheat at from 40 to
■ aunts and feeding 23-cent corn.
< * Thomas Potter, a young man carry*
tog •mortar for the chimney work on ■
George Johnson's residence in Pawnee
City, fell .a distance of twenty feet,
breaking his leg above the ankle.
> Mrs Martha Campbell of Syracuse,
Bets, whose husoand died re
cently, received a check from the Bank
era'Life of Lincoln, in payment of her
husband'« policy of 92,coo, in just nine
day® dram the date of his death.
While shooting at a prairie chicken,
Job Sherman, eon of S. U. Sherman,
Jiving near Elba, accidentally killed
hia brother George Job ia 17 and
George is 18. Ho inquest was held, the
case being plainly one of accident.
A party of boys went skating on the
•iver at Xehawka, having, as they sup
posed, an unloaded gnu along. . une of
the boys in sport pointed it at James
Banning and pulled the trigger. It
proved to be loaded, and the full charge
of shot took effect in his cheek, tearing
it in a lint fr%luful manger. It is
thought that he will recover,
j Encourage pour friends to buy Ne
' braska goods. The interchange of
. borne manufacturers will be a vast ben
efit to Nebraska. Our goods stand at
the top of the list as regards quality.
Barrel! A Co’s brand of syrups, jellies,
• preserves and mincemeat; .Morse-Coe
■ boots and shoes for men, women and
children; Consolidated Coffee Co. s brand
of coffee, extracts and yeast; Page Soap
Co. ’a Silver Leak and Borax soap; Amer
ican Biscuit & Manufacturing Co,
Omaha, crackers; Omaha Silicon Co.’a
Hard Wall Piaster, Union Life Insur
ance Co of Omaha.
asrrf.:
a-:.’
Thk jury in the case of Mill on trial
at Plattsmouth for the killing of Karin
<er Akcson, brought in a verdict of mur
der in the first degree, lienwell, his
.partner in the crime, is mow an trial.
M. L. K.mkiiy of Champion, Chase
county, lost n valuable team of horses
in the lake near town. While hitched
to a wagon the horses went down for a
drink and stepped off into fifteen feet
of water.
Kd Ha tint no, while driving from
Ames, ival thrown from his wagon,
fracturing his skull and otherwise in
juring him. He was taken to St. Jo
seph's hospital ut Omaha He is mot
expected to live.
Thk mortgage indebtedness of
Thayer county for November is as fol
lows: Karin mortgages filed, 835.200;
released, 814,301; city .mortgages filed,
8400; released, 81,<i3o; chattel mortga
ges, 815,201, released, 81,800.
Okxkk.u. satisfaction is expressed in
Hastings at the action of (Jovernor
Crounsc in pardoning Anna Mason,
although it is the third time within
two years that executive .clemency has
been extended to citizens of Hastings
convicted of crime.
Thk Jones National bank of Seward
last week filed a petition asking for a
judgment of 815.274 against the direc
tors of the Capitol National bank.
They allege that they hud that
amount deposited to their credit In the
bank when it failed.
Thk comptroller of the currency has
appointed ridgar M. W estervelt of Un
rein receiver of the Citizens’ National
bank cf (fraud Island. Mr. Westervelt
Is the son-in-law of Hon. Tobias Castor
of I incoln, democratic national com
mitteeman for the state
Skckktary Carmsi.e has called for
the resignation of H. C. Arthur, collec
tor of customs at Lincoln, and W. H.
Alexnner, collector of customs at
Omaha. Candidates for the Lincoln
collectorship are John M. Hurks and
ex-Register of the Land OlHce Davis.
For three dayB a swelling appeared
on the leg of Koy Stearns, the six-year
old son of Dan Stearns, a farmer living
east of McCool Junction, and on the
fourth day a sewing needle foroed itself
out of the swelling. The parents be
lieve that the child swallowed the
needle.
At Elkhorn burglars cracked the safe
in R Lamhoefer’s general merchandise
store. Four dollars was the amount of
the haul. The opinion prevails that
the "trick" was turned by local talent.
The suspected parties are under sur
veillance, and two or three arrests ore
likely to follow.
The collection of woods from every
quarter ol the globe is being placed in
the rooms of the state board of agri
culture at Lincoln. The collection is
not ouly handsome and unique, but val
uable, The Smithsonian institute at
one time offered Governor Crounse
$4,000 for the collection. •
Thf. $90,000 issue of 0 per cent ten
twenty refunding bonds authorized by
the voters of the city of Lincoln sold
last week for $3,000 premium and ac
crued interest. The sale is considered
quite advantageous to the city, as two
months ago Lincoln bonds were being
hawked over the east at 95 cents on the
dollar, with no takers.
Messrs. Kootz, Dii.woRth and'
Ukarpsi.ev of the railroad commission
and Messrs. Hughes and Reynolds with
Attorneys White and Wright have been
in O'Neill hearing the matter of put
ting a transfer switch between the'
Elkhorn and Short Line at that place.
A number of witnesses were examined
from O’Neill, Atldnsou, Stuart and
Fage.
Dodge county boasts of one of the
most successful mutual .insurance com
panies of the state. It is controlled en
tirely by the farmers of the county.
At the recent annual meeting the re-;
port of the secretary showed that on
policies aggregating about $.'00,000
there has been but $05 losses and the
running expenses hare been confined tc
$34.05.
Thk farmers of Holt county, says the
Stuart Leader, have no reason to feel
discouraged . with the results of the
summer just passed. Many say that
they have had better returns from theii
crops than they have had in the past
ten years. Notwithstanding the fact
that the season was unfavorable there,
has been a good half crop at least, tak
ing the county as a whole.
The large livery stable of Fred
Thompson of Wayne was destroyed by
fire and nine horses perished in the
flames. The fire had been burning
some time before discovered and the en
tire contents of the stable were con
sumed. The lumber sheds of the Smith
.Ellis company, adjoining the burning
building, were almost destroyed and
the lumber heavily damaged.
Ox the night of November 37th the
station agent at Bertrand was knocked
down and robbed of a money package
containing $1,000 intended for the bank
at that place. Last week Nathan
Challberg and Alfred O. Axelson, two
residents of that place, were arrested
and taken to Holdrege for preliminary
examination. The detectives of the
express company who worked up the’
case claim to have a sure thing on them
for a trip to the pen.
Dennis and Michael Sheedy of Lin
coln have begun suit against J. H. Mc
Murtry and others for $33,010. They
allege arf agreement was entered into
between the parties in the suit whereby
the defendants were to purchase some
property from them, valued at $34,000.
They paid $1,000, and were to pay
$3,000 in ninety days, and execute a
mortgage to the plaintiffs, but they
failed to pay the $3,000 or make out the
mortgage, hence the suit.
The Kearney cotton mills have been,
reincorporated, articles having been
tiled with the secretary of state The
mills were recently sold. Reliable par
ties from Kearney insist that the mills
wero being run at a satisfactory profit,
but that the eastern stockholders de
sired to get the enterprise entirely in
their own control. To this end the
•seilis were shut down and finally sold
j by order of tjjju courts. 1$ was bid in
by eastern capitalists and the new com
pany was incorporated last week.
J ustick Nohvai, of the supreme court
last week issued an order suspending
sentence in the case of John McAleer,
w ho was on December It convicted of
embezzlement in the district court for
llutler county and sebtenced to the
penitentiary for one year at hard labor.
Justice Nerval also signed an order for
McAloer's release on $1,500 bonds. Mc
Aleer was the local agent of the Omaha
Elevator company at Brainard and was
accused of converting to his own use
about $150 belonging to the company.
He was tried and convicted.
Its WECORD ALMOST MADE.
T«rrltorJri C*mmltt««a May Soon ’ Da
For flood.
Washingtoit, Dec. 22.—When the
New Mexico and Oklahoma admission
'bills are passed by the house and
those two and the Utah and Arizona
bills am acted upon by the senate the
committees on territories of both
houses will be practically defunct If
a bill is presented for the admission
of .the Indian territory, it will no
doubt oorae before the committee on
territories, but as a usual thing, all
■natters in reference to the Indians of
that section would naturally be con
sidered by the committee on Indian
allaira
80 far there 'have been no Alaska
propositions considered by the com
mittees, but it is said that as soon as
the present territorial bills are
through the house the matter of a
delegate to represent Alaska in the
house .of representatives may be
taken npi A similar prepositiou re
garding the Indian territory will also
be introduced.
It is somewhat doubtful whether
the Oklahoma bill will be pushed
through ahead of .the tarilf bill, al
though Its friends will make an effort
in that direction so as to clear the
bouse calendar of all territorial bills.
The bill reported for the admission
of Oklahoma is entirely satisfactory
to Delegate Flynn of Oklahoma. It
provides that the governor of the ter
ritory shall order an election of
seventy-ftve delegates to form a con
stitutional convention, to take place
on the sixth Tuesdav after the
passage .of the bill. The delegates
thus chosen shall meet at the
seat of government of the territory on
the fifth Tuesday after the order.
Thirty .thousand dollars is appropri
ated for defraying the expenses of the
election and convention. Until the
next general census, the state of
Oklahoma is to be entitled to one rep
resentative in the house of representa
tives who, together with the governor
and other officers provided for in the
constitution, may be elected on the
same day as the election for the rati
fication or rejection of the constitu
tion. Provision is also made for set
ting aside sections 16 and 36 in every
township for the support of common
schools, these sections to be disposed
of at public sale for not less than S3
per acre. The state is to constitute
one federal judicial district and tlio
circuit court and district courts there
of arc to be held at the capital for the
tune being and the district is to be at
tached to the Eighth judicial district.
There is to be appointed one district
judge, one United States attorney and
one United States marshal. The leg
islature of the state, elected in accord
with the requirements of the consti
tutional convention, is to choose two
United States senators.
A Tatarau Newspaper Han Dead.
New York, Dec. 22.—Samuel Sin
clair, for many years cashier and pub
lisher of the Tribune, died yesterday
from pneumonia. From 1843 to 1838
he was ^cashier and from 1858 to 1864
the publisher of the paper. In 1872
when Mr. Greeley died, he sold out
Ills interest in the paper. Shortly
afterward he received anappointmont
in the United States revenue depart
ment
Chicago's Official Vote.
Chicago, Deo. 22.—The official can
vass of the mayoralty election vote
makes Hopkins' plurality but
twenty-eight less than the police re
turns. A loss of over 200 votes to
Hopkins was found in one precinct in
the Twelfth ward, but a similar error
on the other side was found in the
same ward and Hopkins' plurality
stands officially 1,110.
A New Wheel Trust.
Chicago, Dec. 22. —Plans have been,
made here by the representatives of
twenty Wagon wheel makers in the
West lor a new wheel trust. The
nucleus of the movement centers in
the Standard Wheel company, a small
trust in itse.f, it having obsorbed
seven factories_
A Shooting Ht NovoiIh, Mo.
Nevada,Mo., Dec. 22.—BenLlndley,
a colored cab driver in this city in the
employ ot J. A. Wilson, was shot last
night at the depot by a railroad man
named Dunlap Lindley was shot in
the head and it is not known whether
or not he will die.
•8,000,000 Tobacco Hill Saved.
Chicago, Dec. 25.—[Special.-].—The
Chicago Inter Ocean’s illustrated sup
plement. describing the great success
and merit of No-to-bac, has made it fa
mous in a day.
Mr. H. D. Kramer, the active man,
was seen today at his office. 45 Ran
dolph street, and in talking of No
to-bac's growth, said it was hard work
to keep up with the rapidly increasing
demand, as every boa sold advertised
No-to-bac's merit.
He said: "No-to-bac is not sold on
the strength of the thousands and tens
of thousands of testimonial statements,
but under an absolute guarantee to
cure, or money refunded.” That made
a long story about merit very short, as
it absolutely protects the user from
physical injury or financial loss.
•‘Why,’* said he, “No-to-bac will make
lOO.OJO cures this year, and the saving
will average $50.00 for every one cured,
or a grand total of 25,000,000 saved
from going up in smoke and out in
spit.” No-to-bac is indeed a God-send
to the poor man these hard-times Ac
cording to the testimonials, however,
the money saved is the least consiera
tion, for almost every one reports an
improvement of the nervous system, in
crease in weight, and a revival of phys
ical and mental powers that is indeed
miraculous
Prominent physicians look upon No
to-bac as a great suocess, and are very
free to prescribe it.
Every wholesale drug house in this
country and Canada sells No-to-bac.
and tfre retail druggists are pushed to
supply the Remand of customers; the
direct mail demand ia immense.
The cost of No-to-bac compared with
the results is a small matter, as the
saving in a week pays* the cost of a
cure for a lifetime. No-to-bac is sold
for $1.00 a box. or three boxes, $2.50.
witli a guarantee to cure or money re
funded.
A few extra copies of the Inter Ocean
supplement (eight pages) illustrated in
five colora have been secured and will
be mailed for the asking, by addressing
the Sterling Remedy company, Chicago
office, 45 Randolph street; New York
office, 10 Spruce street; laboratory, In
diana Mineral Springs, Ind.
. : - ' : ’ : ■ . r‘- '
UNCLE SAM’S WEALTH.
WHAT THE SECRETARY OF THE
TREASURY SAYS.
lie Advocate! Low Bate Bond*—Condi*
lien of American Finance! Treated Ex
haustively—lie form Urged In the Cur
rency System—The WUton Tariff Bill
Recommended—General Review of
Matters of Great Fnblle Interest.
Report of the Secretary of the Treasury.
Washington, Dec. 31.—The annual
report of Secretary of the Treasury
Carlisle, which had been unusually
delayed and long expected by busi
nessmen, was sent to both houses of
congress to-day. It is a very thorough
and exhaustive review of the condi
tion of the government's finances,
and contains many recommendations
for the relief of the treasury. The
following general topics, "Condition
of the Treasury," "Currency Legisla
tion,” and "Review of the Revenue
Laws," are discussed at length.
In opening the secretary said:
"Daring the first five months of the
present fiscal year the expenditures of
the government has exceeded receipts
to the amount of 530,918,095.66. There
has been not only a decrease of re
ceipts but also an increase in ex
penditures daring this period, as
compared with the corresponding five
luuuiuB ox one lust nsc.iL year, me
revenues from the customs have fallen
off 923,589,829.74; from internal taxes,
97,868,667.86, and from miscellaneous
receipts, 9324,153.3ft The expenditures
on account of the war department in
the execution of the contracts made
during the last fiscal year have in
creased 96,163,133.42; on account
of the navy department for the
same reason the increase has
be en 91,913,289.31; on account of In
dians, 9536,076.55: on account of inter
est, 969,450.35; but there have been
reductions in some other branches of
the service to the amount of 96,332.
306 as compared with the correspond
ing period of last year. The resu.t of
these changes is that on the first day
of December, 1893, the actual net bal
ance iu the treasury, after deducting
the bank note 5 per cent redemption
fund, outstanding drafts and checks,
disbursing officers* balances, agency
accounts and the gold reserve, was
only 911,038,448.25, and the total
amount held 912,347,517.80 was in sub
sidiary and minor coins
It may be safely assumed that the
worst effects of the recent financial
disturbances and consequent business
depression have been realized, and
that the conditions will be much more
favorable hereafter for the collection
of an adequate reveuue for the sup
port of the government; but it
can scarcely be expected that
the receipts during the remainder
of the fiscal year will exceed the ex
penditures for the same time to such
an extent as to prevent a very consid
erable deficiency. I have, therefore,
estimated a probable deficiency of
9^,000,000 at the close of the year
and if congress concurs in this view
of the situation, it will be incumbent
upon it to make provision for raising
that amount as soon as practicable by
this action or otherwise.
BOND ISSUE TO MEET THE DEFICIT.
On account of the difficulty of se
curing such a sum within the time
allowed by the imposition and collec
tion of additional taxes, I recommend
that the third section of the act to pro
vide for the resumption of specie pay
ments approved January 14, 1875,
which confers authority upon the sec
retary of the treasury to sell certain
descriptions of United States bonds,
be so amended as to authorize him to
issue and sell at not less than par in
coin bonds to an amount not exceed
ing 9200,000,000 bearing ajlower rate of
interest and having a snorter time to
run than those now provided for and
that he be permitted to use from
time to time such parts of the pro
ceeds as may be necessary to supply
any deficiencies in the public revenue
that may occur during the fiscal year
1894 and 1895."
“If the authority now existing
Bhould be so modified as- to empower
the secretary of the treasury to issue
the bonds in denominations'or sums
of 925 and its multiples they could be
readily disposed of through the sub
treasuries and postoffices without the
agency or intervention of banks or
other financial institutions and with
out the payment of commission. Such
bonds would afford to the peolpe at
large an opportunity to convert their
surplus earnings into a form of securi
ty which, while it would be perfectly
safe, would not only increase in value
by reason of accumulating interest,
but be at all times available as a
means of procuring money when
needed and the experience of this and
other countries justifies the confident
belief that such a plan would be high
ly successful.
“In case congress should not con
tider it advisable to authorize the sec
retary to use for the purpose of sup
plying the deficiencies in the revenues
any proceeds of the bonds herein sug
gested. I recommend that he be em
powered to execute from time to time,
m may be necessary.obligations of the
government, not to exceed in the ag
gregate 9?*0,000.000, bearing a rate
„lf interest not greater than three
»per cent and payable after one
year from date, and that he he
permitted to sell them at not less than
par, or use them at not less than par,
In the payment of public ex
penses to such creditors as may be
willing to receive them. The condi
tion of the treasury is such that un
less some available means are promDt
J provided by law for supplying the
growing deficiency, the public service
will be seriously impaired and pen
tioners and other creditors be subject
Jo great delay and inconvenience.
Congress alone has the power to de
rise such means as will relieve the
present situation and enable the treas
ury to continue the punctual payment
>f all legitimate demands upoi it, and ’
i respectfully but earnestly urge that
immediate attention be given to the
subject
changes in the conditions.
“The necessity of the extensions of
the power of the secretary to procure
and maintain a larger reserve for the
redemption of United States currency,
will fee evident to every one who feu
given serious thought to the subject.
At the date of the resumption of
specie payments, January 1, 1879, the
only form of currency except coin cer
tificates which the government was
required oi authorized by law to re*
deem in coin on presentation were the
old legal tender notes, then and npw
amounting to $346,681,016, and it was
considered by the secretary of the
treasury that a coin reserve of $100,
000,000 would constitute a sufficient
basis for the maintenance of that
amount of currency at par. Correct
ness of this conclusion was shown by
the fact that so long as there
was no material increase In the
volume of paper redeemable the gov
ernment reserve remained unimpaired
and no serious disturbances occurred
in our monetary system; but under
the act of July 14, i8t>0, additional
treasury notes have been issued to the
amount of $155,930,94a of which
there are outstanding1 $153,318,284,
thus making the direct government
obligations in United States currency
amount to the sum of $499,999,240,
all of which the secretary of the
treasury is now required by law to
redeem in coin on presentation. Be
sides this there have been coined
under authority of law $419,332,550 in
legal tender silver upon which certiB
cates have been'issued to the amount
of $334,138,504, and as congress in the
Act of July 14, 1890, declared it to be
the established policy of the United
States to maintain the two metals on
a parity with each other upon the
present equality or such' ratio
as may be provided by law. an ad-:
dilional reason is given for conferring
upon the secretary unquestionable
authority to provide for such con
tingencies as may arise. Under these
circumstances it is in my opinion
necessary not only that ho should be
clothed with full authority to pro
cure and maintain ample reserve in
coin, but that the .purposes for which
the reserve are to be held and used
should be made as comprehensive ai
the duty imposed upon him by the
law. The existence of such authority
in a constantly available form would
of itself inspire such confidence in the
security and stability of our cur
rency that its actual existence might
never become necessary, but the
futilityof declaring a specific policy
and withholding the means which
may become necesshry for its execu
tion, is too apparent for serious com
ment.
“Largely on account of apprehen
sions as to the ability of the govern
ment under the legislation then exist
ing to continue the current redemp
tion of its notes in coin and maintain
the parity of the two metals, the ex
ports of golc from this country dur
ing the fiscal year 1893 reached the
unprecedented amount of $108,680,884,
nearly all of which was withdrawn
from the public treasury by the pre
sentation of notes for redemption.
So long as the government continues
the unwise policy of keeping its own
notes outstanding to circulate as cur
rency and undertakes to provide for
their redemption in coin on presenta
tion, it will be, in my opinion, essen
tial for the secretary of the treasury
to possess the means or to have the
clear and undoubted authority to se
cure the means which may from time
to time become necessary to enable
him to meet such emergencies as the
one which has recently occurred in
our financial affairs.
TOO MUCH CURRENCY.
un me sjiDject oi currency legisla
tion, Mr. Carlisle speaks as follows:
The recent repeal of so much of the act of
July M. 189J, as required the secretary of the
treasury to purchase silver bull! >n and issue
treasury notes in payment for it makes such a
radical change In the policy of the govern
ment. respecting currency of the country, that
until its benefit is fully developed 1 do not
consider it advisable to recommend further
specific legislation upon that subject The
amount of money in the country, outside of
the treasury, on the first day of December.
1s»j, was *112,401,9(7 greater than tne amount
outstanding on the first day or November,
18J2 That the amount of money in the country
is greater than is required for the transaction
of the business of the people at this time
— — v. >m mis time
— conclusively shown by the fact that
it has accumulated and is still accumulating,
in the financial centers to such an extent as to
constitute a serious embarrassment to the
banks in which it is deposited, many of which
ore holding large sums at a loss This exces
sive accumulation of currency at particular
points is caused by the fact that there Is no
such demand for it elsewhere as will enable
the banks and other Institutions to which it
belongs to loan it to the people at remunera
tive rate-, and it will continue until the busi
ness of the country has more fully recovered
from the depressing effects of the recent finan
cial disturbances.
••In the meantime it will be the duty of those
who have power and influence, in the course
of events or to assist by legislation or other
wise in the grave questions presented by the
altered condition or our monetary system to
carefully consider the whole subject In all it*
aspects, in order that it may Le ’permanently
disposed of by the adoption of a simple and
comprehensive system, which will, as far as
possible, relieve the government <X the oner
ous obligations now yestin* upon it and at the
same time secure for the use of the people a
currency u iform in value and adequate in
amount The unsatisfartory condition of the
currency legislation has been for many years
the cause tof much discussion and disquietude
amon,r the people ai^d although one great dis
turbing element has been removed, there still
remains such inconsistencies in the luws and
auch differences between the forms and quali
ties of the various kinds of currency In use
that private business is sometimes obstructed,
and tne treasury department is constantly em
barrassed in conducting the fiscal operations
of the Kovernmont
One of the principal difficulties encountered
py the treasury department results from the
Indisposition of the public to retain standard
♦liver dollars and silver certificates in ctrcu
lation. It required constant effort on the part
ot the treasury officials to prevent the cerlid
Dates especially from accumulating m the
subtre&AuneH to the exclusion of legal tender
currency. Why this should be the case is not
easily understood, for although these oertltt
sate a are not legal tender in the payment of
WTKatS.nS0bt|8iii« theV.* Qre bX the aCt» ®f
ana 1886 made receivable tor all
2°?’ ?5d , by the oct °r May
1J, 1884, national banka are authorized to hold
them as part of their lawful reserve *. I have
as far as the law permits and aa
/apidly as the opportunity is afforded the
unount of such certificates or denominitlon*
less than 110 shall be increased by suustitutin>r
.hem lor larger ones to be retired and that
.he small denominations of other kinds of cur
rency shall be retired as they are received
IS theft’°a“ »ub3tUuw<1
As the law specifically designates the de
mgiulton. in which national bank notes
•hall be Issued they esnnot be changed with
)ut further legislation and consequently dur
present fiscal year at least, the 164.
. jn small treasury notes are the only
>nes that can be lawfully retired to enlarge
use of small sl.ver certificates,
There are now outstanding United States
*egal tender notes to the amount of W7 014 011
n denominations less than |W. treasury notes
ssuea under the act of 1800 of denominations
"tS,e.! j«?8|19|«W4'*8’488“,‘ Batlon'“ b“nk
Jarri6d°out* to* the* ‘elV^teSj
*Ta.U 8llver certificates to an
unount sufficient to conduct ordinary cash
.ransactlons of the people, and If, durmj tbs
same time, certificates of the tartest denom
ination, are Issued in place of others retired! ‘
?® 10 encourage the national banks to hold
fi<oP ,be,r lewf-d reserves, the ex
would be removed and ultl
v ®**r'er amount of currency than now
jb circulation could be conveniently and safely
Tn* t”la*ur» now holds I40,«9s,7ti0 fine
ounces of silver bullion, purohneed under the
mu( July k we. m StSnjSmmSS mS
which irtu
nim ■
whole
sgs, Saar ^
made la the meantimei£ .S?* M nL
|Uo treasury notes in «Sni5°^ rWniu
UssrsaM^VSBS
prepend ”f£ ISSR*??™ « t>un',on°i‘‘
Franc.sco, and har* AJ?:Wjwms
those pieces to be ken??”4 "w »
meoce operations at anjrP{imareJ?'n«»!
The secretary then gives a i' ' "“*
planation of the revenn! i on8 *>•
taxation and strongly uroel***8 ail|i
sage of the Wllaon tariff bin ““PMf
Tocates the lavW -- .bm- *od .a
“7.°“ lel?*ciei and corDoratiJul'°®‘*
believes the increase ofimni, He
the Wilson hill *®Ports
, V l“® imposition of addif- 1
taxes under the internal .„“lt,0»»l
thp new tariff hill will 01
ci&t means for
government.
FINANCES of THE OOYIBSmixt
retary say. the government’.',
from all sources for the v*ar T*
*481.710,561.04. of which
016.73 was fromcustoms and to '
633.65 from internal revenue. ’Th’,
t°Ul expenditure was *459.374 9j-,,
leaving a surplus of. *3,341,674 >9 a
compared with 1893, this showMB£
crease in receipts of *35,848,301 "JJ
in expenditures of *38,454,633.31'’7?
the basis of existing laws the
nues of the government for the nr*,
ent fiscal year are estimated at to
131.365.38 and the total expemli t
at *458,131.365.30, or * ?
ficit of #28,000,OOOi The ..
cipal items An these mtimiud
revenues are: Prom customs, *1:^^
000, and from internal revenue to
000,000, while *152.000,000 for pen’ o ;
constitutes the largest item inth“’
timated expenditures It is estimated
that on the basis of existing laws th.
government revenues for the fii.i
year 1895 will be *454,427,748.44 T?e
estimates of appropriations heretofore
submitted for’the year aggregate
*448,300,78a 93, or an estimated suX
of *66,130,958.50. P
Discussing foreign commerce the
secretary says the total imports were
for 1893: Merchandise, 1827,402 4©
gold, *49.699,154; silver, *19,955 086
exports, merchandise, #1,030. >7814?
gold, #50,195,327; silver, *32,810*559.
For 1893—Imports, merchandise. S36fi
400.932; gold, #21,174,381; silver, 323
193,372; exports, merchandise, 3847
665.194; gold, #108,680,844; silver, $40
737,319. The prominent facts disclose
by these figures, says the report, an
that the values of imports merchan
dise attained the highest point in tin
commerce of the history of the conn
try; and that the exports of gok
reached a higher figure than ever be
fore in a single year since the founda
tion of the government This out
ward movement of gold, qccuring al
a time of peace, will make
186
memorable in financial and comine
cial experience. The' imports and e:
ports of silver coin and bullion wer
greater in amount than is recorded i
any one country’s history—exeeedin
even the panic year of ’73.
CHICAGO ELECTION.
The Democratic Candidate for Ha?<n
I Elected—Republicans Make Us ini.
Chicago, Dec. SI—JohnP. Hopkins,
the Democratic candidate for mayor,
was elected over CJeorge B. Swift, h is
Republican rival, by a majority of
1,387. The total vote was: ,
Hopkins, Democrat.HIM)
Swift, Republican.111,®!
Hritzlus, Socialist Labor. 1,317
Wake ley, People's Silver. *7
Total.....SAW
The vote which was one of the
heaviest ever pulled in the city, shows
a Republican grain. The Democracy
carried the city by 30,000 in the last
presidential election, and in the coun
ty election last month several of the
Democratic candidates had majorities
of 4,000 in the city, which were only
overcome by the Republican vote in
the county.
Late last night the Republican citv
central committee decided to contest
the election of Hopkins. It Is claimeu
the police Peturns on which the above
figures are based show 500 more for
’ Hopkits than was Actually cast.
Attempted Wife Murder bye Foitmaster.
Ottawa, Kan., Dec. 21.—From a
private message received here it was
learned that Postmaster Hagan o
Williamsburg, a small station ha
made an attempt to murder ins wife
yesterday morning. It seems Hagan
had been on a protracted spree, anc
had become angry at his wife an
concluded to shoot her, but he was s'
nervous from the effects of liqu°r 1
his hand trembled so the bullet o y
made a flesh wound.
LIVE STOCK AND PRODUCE HABKEL
Quotations from New York, Cblraf0'
Louis, Omaha and Elsewhere.
OMAHA. „„
Butter—Creamery print.... ij ;
Butter—Fair to good country.. ^ ..
Eggs—Fresh .. g ft '
Honey—I er lb. . *
Chickens—Spring, per lb
Geese—Per lb..
Turkeys—Per B>.
Ducks—Per ...
Oysters...
Lemons..
A pples—Per bbl.;V. •• •
Oranges—Florida.
Potatoes.
t) ®
7 ft
8
•>
15 t-v
4 00 ^
3 S°
3 0' ®s
50 ft '
1 *5
Beans—Navy.. ■ • ■ - : v
Cranberries—Cape Cod,per bbl
t-weet Potatoes—Jer.-ey per bbl o
Onions—Per bu... .., ■«
Hogs—Mixed packing.J ~
Hogs—Heavy weights.
Beeves—Feeders. j> 63
Beeves—Stockers.....
Steers—Fair to good. «
\U AfltAanh ... . . . 1 " _
a 1
ft li 3'
® 6 0
ft li l*1
ft ®
0.4 5'
ft 4
®3;
ft i <u
ft 4 :*
ft 4 I'1
Steers—Westerns.% ft 4 -
Sheep—Lambs. 3s5
Sheep—Natives....*.. *
1 NEW YORK. (f
Wheat-No. 2, red winter. »'
Corn—No. . 331*® 7.
Oats—Mixed western. 75 > ;
Pork... 7 35 slt)
Lard............ ’WA/* *
, 25. CHICAGO r
Wheat—No.f! spring" . . - - -A»
Corn—Per bu. 27 @
Oats—Per bu. 0 ®lj
Fork.
Hogs—Packeis and mixed.
Cattle—Com. steers 10 extra
Christmas steers.
Sheep—Lambs..
ST. LOUIS.
Wheat—No. 2 red. cash.
; 75 a
* ® ?,
_ 3i ®
Corn—Per bu. 24 «* . ;
i 3 *1
Oats—Per bu.. 4 1
Hogs—Mixed packing. 37.,
Cattle—Native steers.. ‘
KANSAS CITY
Wheat-No. 2 red, cash.
Corn—xo. ..
Oats—No. 2.•j-.-ILam -
Cattle—Blockars and feeders 4 7j w j
Hogs—Mixed packers.
:1 ®
.0 *
a ®
•in ®" *