IT IS THE EAGLE'S TURN TO LAUGH. THE NEXT CONGRESS. g: BOON TO CONVENE; MUCH TO •• -» DO. The Caban and the Hawaiian Questions ' Likely to Be the First and Hoet Im portent to Come Cp for Cunilderatlon ■ — Repnblleane Control the Honee bat Hot the Bgante. — (Washington Letter.) In about a fortnight the Fifty-sixth congress of the United States will be in session with a Republican working majority in the lower house, but with a minority in the senate. It Is unfor tunate that the party in control of the executive branch of the government Is not In" a majority in the senate as well as In the house, as questions of great 'importance are to be considered and jthe responsibility for action or inac tion will be laid upon the shoulders of the Republicans, even though they may be powerless to fully carry their points in the upper branch of congress. ] Matters of great Interest and concern |Wlll undoubtedly be presented and dis cussed at an early date after conven tion of congress. They will affect this ,country*s relations with Spain and Ja pan, and are national and International .in character, rather than partisan In any sense, so that their adjustment wHl be closely watched by foreign na tions; &v, Kv: r % ?. ft, Ct. , * * |;fe I '; ■ X:‘fi ISC 'Y1,■ f i W$t m %,X\ »V- fc ■. r-‘- ' ig me moit aimcuit question to do dealt with Is that relating to Cuba. It has been Intimated from time to time that congress, when convened, would not stand the Indefinite and procrasti nating policy pursued by Spain In con nection with this government's In quiries relative to Cuba, and even that Spain’s attitude toward the United States In the matter has not been sat isfactory to the President. It Is gener ally thought that one of the first ques tions to come up after congress con jVenea will be Cuba, and the state de partment correspondence, which has {been accumulating to a certain extent, ,wlll be published and the whole situa tion placed before the country, as well as congress. Then It remains to see what action, will be taken as to the rec ognition of belligerent rights In that Island. It Is known that the President Is strongly In favor of a peaceful solu tion of the problem It that be possible, but that It Is not the desire of the ad ministration tLat Cuba shall be devas tated and destroyed by the continuance of Weylertsm. There is no question but that the people of the United States are, by a large majority, In sympathy with the Cubans and desire to see, in some way, the freedom of the island accomplished. i Then there Is the almost as Import ant question of the annexation of Ha waii. It Is safe to say also that the people of the United States, by as great a majority, favor the annexation of the Islands in a territorial form of govern ment. The annexation treaty was pro claimed by the President comparative ly early In the administration and has been ratified by the Hawaiian congress. Our own senate will undoubtedly take reasonably prompt action upon It after action upon the Cuban matter. Neither of these questions ere party questions, and neither will divide con gress on party lines, but nevertheless It Is unfortunate that the Republicans have not a majority in the senate. The foreign polloy of the Republicans has always been clear and vigorous, the Democrats being the conservatives and the llliberals, and, as above stated, the Republicans, although not in a major ity In the senate, will have to bear the burden of responsibility for whatever action Is taken, so that to secure their beat results they should have no ob structive opposition, in any case ac tion of some sort Is probable very early la the cession on these two ques S:MSv The Democrat* who have been trying to moke capital against the new tariff law by pointing to the monthly treas ary deficit will eoon be obliged to turn llbetr attention to other field*. While the receipt* bom custom* under the sow law have heretofore been less than the expenditures, or eren than the re ceipt* of the Wilson law during the eeneepondlng period of last year, for jWJ good reasons, they hare been M0 steadily gaining'week by week, and now, according to the treasury figures, they are larger than they were a year ago. The prediction that the new year will see a wiping out of monthly de ficits seems likely to be fulfilled. "It is simply a Question of time, greater or less, which cannot be told exactly," said a treasury official, "when the new law will get into normal working or der and will produce a surplus Instead of a deficit. It Is doing remarkably well considering the way it was handi capped by excessive importations, many of which are still in the coun try." According to Attorney-General Mc Kenna, the Government will be as fully protected in the matter of the Kansas Pacific Railroad as was the case in the Union Pacific transaction. The owner ship of the Kansas Pacific is part of the scheme of the reorganisation com mittee. The committee holds certain liens on the road which it is bound to protect. It can only protect them by getting possession of the road, and this can only come through its making bids which will clear the road of all In debtedness to the Government. The Government is master of the situation and everybody who knows anything about the facts knows this, none bet ter than the reorganization committee. The same vigilance and intelligence will be displayed in the management of the branch road as was shown in the sale of the main road, which every body now concedes redounded to the credit of the officials managing the sale. GEORGE H. WILLIAMS. i —————— Uaela asm’s Turn WU1 Come. John. Bull laughs now, but Uncle Sam’s turn will come when Congress passes a law for the protection of American shipping. Mo Prosperity for Him. "The long and short of this business is that we are no nearer prosperity than we were two years ago. The on ly benefits which have come to our people since the election of McKinley were the result of the disasters to wheat crops In foreign lands by what the law calls a "visitation of God.” Thus the Cincinnati Enqulrer.whose anxiety Just now Is centered upon the political-complexion of the new Ohio legislature. Everything depends upon that. There can be no real, simon pure, copper-bottomed, all-wool, yard wide, sure enough prosperity visible In the Enquirer office until John Mc Lean succeeds In breaking into the United States Senate. Peqdlng that consummation, civilisation Is a failure and progress Is played out! It OoMttlN Many Theorist. "As a matter of fact,” says the Lan cashire Courier, "certain Industries have been carried In America to a de cidedly more advanced stage of devel opment than that which they, have as yet attained In the old country." Pre cisely so; and these American Indus tries are increasing so rapidly in num ber and Importance as to attract tbe attention of the civilised world to the results of protection In the United States. No country more than Eng land feels the effect of America’s mar velous Industrial ^ strides. It is a shock In more ways than one, this triumph of protection, for It not only tends to unsettle English faith In free trade theories, but It U hurting Eng lish trade all over the world. REPUBLICAN OPINION The Democracy is rapidly losing Us grip on the South. Look at the senate of the United States. Maryland Is now to have two Republican senators; West Virginia has one and ts likely to have another; Kentucky has one Republican and one other who refuses to co-oper ate with the Democrats on the cur rency question; Louisiana has one Democrat refusing to Join with his party on the tariff; South Carolina has one and Georgia two who kicked over the traces on the tariff; North Carolina has no Democratic representative, one of her Senators being a Republican and the other a Populist; one Texan Dem ocratic senator refuses to support free silver. In fact, the number of Southern senators who follow time-honored Democratic doctrines is becoming ex tremely small. Now that Mr. Bryan has finished his attempt to “bury Mark Hanna,” he can go to Mexico and congratulate the people of that country on the fact that their dollar has fallen 20 per cept in value In the past year. The balance In favor of the United States in Its trade with England was greater last year than at any time pre vious during the last fifteen years, if not than any previous year. Mr. Bryan declared that he didn’t see any evidence of prosperity while in Ohio. Probably the smoke of re opened factories Injured his eyesight while in the state. With two Republican senators and a Republican delegation In the house, the old state of Maryland will not be able to recognize herself in the politi cal mirror. Railroad earnings are at a high fig ure, and the bank clearances of the country were 22.2 per cent higher last week than in the corresponding week of last year. The farmers of Ohio, Iowa,Maryland, Kansas and South Dakota showed by their votes in the recent election that free silver has no more charms for them. r, v v TURN ON THE RECORD POPULISTS TAKE BACK TRACK ON SCHOOL FUNDS. They Amend Their Original Protesta tions—What Wm Hlack Two Tears Ago Mow Appears Very White—Buying State Warrants to Help Themselves and the Brokers. Schemes of the Pops. Lincoln Correspondence Omaha Bee: The populist state officials who con stitute the state board of educational lands and funds hare a great scheme for keeping their hands upon the money belonging to the permanent school fund. Before the populists came into power they were loud in their denunciations of Bartley and hi3 associates for refusing to invest these trust funds in bonds as contemplated by the law. Govenor Holcomb, it will be remembered, made great capital out of the fact that he had exerted him self repeatedly but in vain to have the idle school funds converted into in terest bearing securities. But no soon er was the republican board supplant ed by a populist board than the pop - lists turned their backs completely upon their former professions and they are now engaged in using thl3 money in a gigantic warrant scheme. - Just after the last election returns were annouced showing that the bonds voted by Douglas county for refund ing purposes and in aid of the expo sition were carried the state house of ficials sent out through their organs the statement that the board had met and agreed to bid for 9100,000 of the bonds, but that they had no expecta tion of having their bid accepted for the reason that they would not bid more than par for them, in the face of the certainty that other bidders would offer a good premium. ‘'The state board is handicapped,” said this semi-official proclamation, “in its com petition against outside bidders for the Douglas county bonds, in that there is no means by which they can bid more than the par value for them. The bonds are regarded as an excel lent Investment and if the board could properly use the school money in paying premiums on them it is more than likely it would do so. The matter of the purchase of the bonds has been under consideration for some time by members of the board, and the conclusion to enter the lists as a bidder met with the unanimous ap proval of all the members.” This has been followed up more re cently by another announcement emanating from the same source,laud ing Treasurer Meserve for his great work in finding Investments for the permanent school fund and telling of the .noble sacrifices undergone by the state house employes in -selling to him nearly 93,500 of salary warrants at par when if they hawked them about the markets they might possi bly have secured a small fraction, of 1 per cent premium on them, amount ing to 917 on the whole sum. In order to pave the way for a treasury state ment, showing the large amount of school money uninvested in the treas urer’s hands the public is Informed that the treasurer is now at a great disadvantage in the investment of the school funds in warrants because he has to compete with warrant brokers who are willing to buy them up at' one-half of 1 per cent premium. “If the treasurer,” it continues, “was driven out of the market as an In vestor of the school fund and com pelled to make arrangements to put the school funds in other securities, the warrant broker would have just that much better chance of success fully bearing the market.” This is very plainly part and parcel of a grand scheme to head off the in vestment of the state school fund in county bonds and keep the money in the hands of Treasurer Meserve, os tensibly for the purpose of investing in state warrants. With the return of better times and the prompter pay ment of taxes, the outstanding war rant indebtednes of the state is being gradually reduced, and'the populist of ficials see clearly that within a short time the supply will be so curtailed that the treasurer will not be able to invest the money in warrants unless he pays the same premium which rules the market. As these warrants are all going to populist employes and appointees, the premium will be gath ered in along with their monthly sal aries and be equivalent to an increase of so much per cent upon their earn ings. If the money on the other hand 1b thrown back into the hands of the treasurer, he will be able to follow the footsteps of Bartley by farming it out among favorite banks. Just now he may perhaps have a smaller amount of money in the permanent school fund than his predecessor, but should the suit on the Bartley bonds men prove successful and the school fundB embezzled by Bartley be re turned to the state he would have over 9500,000 at his disposal for this pur pose. As a matter of fact tbere Is nothing whatever In the law to prevent the 6tate board from buying the proposed issue of Douglas county bonds at a premium, or of making a bid equal to or greater that the best bid which any private individual may make. On the contrary, the practice has been common for the state board to buy county bonds at a premium. It has invested in bonds on a basis as low as 4 per cent interest, paying the differ ence between, the rate and the rate on th face either in a lump sum or by detaching interest coupons from the bonds. The trust funds, for example, hold nearly $350,000 worth of l^ancas ter county bonds upon which the peo ple are receving interest at the rate of 4 per cent. There is also a block of $77,000 of Otoe county bonds which are drawing only 4 per cent and the $19,000 of state relief bonds, which re cently became payable, bear only 4 phr cent interest. There is no reason, therefore, whatever, why the state lioard should not take up the entire l>ond issue of Douglas county at a rate equal to 4 per cent, and if It made such a bid it would be reason ably certain to secure them. Governor Holcomb is a member of the state board of educational lands and funds, and if he has acquiesced la the new policy of the board he has suffered a most remarkable change of heart. It is hardly a year and a half ago that the governor was out in a long open letter to the public re plying to charges which had been made against him by Churchill and Russell that he had tried to obstruct the investment of the school fund, in which he took positive ground that it was not only the right but the duty of the state board to purchase all the bonds of solvent counties that might be offered on terms equal to or better than the best that could be se cured on the open market. In pursu ance of this policy Governor Holcomb presented resolutions for the Invest ment of the school fund in United States bonds, which were then quoted in the neighborhood of 118, and in sisted that there was no difficulty whatever in paying the premiums re quired to secure them. That part of tho governor's letter which relates to this subject in the light of the new turn taken by the state board presents some very interesting reading. Jt was dated June, 1896, and is as follows: 1 have always been of the opinion tli at the board should purchase all Nebraska county bonds Issued, until this entire fund has been Invested; that there was a mutuality of Inter ests between the counties issuing the bonds and the state, as the Interests earned by these investments would all return to the different counties for the benefit of the common schools. It have always expressed the belief that the board should purchase these bonds bearing as low rate of interest as they could be sold for In the markets at par, or. In other words, that the board should pay as much or a shade more than other intending purchasers. This is the position I have invariably as sumed in the investment of these funds and I believe it to be the only logical conclusion to reach. It is the duty of the board to purchase these' bonds yielding as fair rate of interest as can be obtained for the benefit of the temporary school fund, but I con tend that such investments must be made solely with reference to their fair market value and that the board should be ready so long as the fund remains uninvested to duplicate any bona fide offer that may be made. Good Nebraska county bonds, as every well informed person knows, can be floated in the market at par when drawing 4 to 5 per cent interest, and If the board obtain any of them it will have to take them bearing such rateB of interest. The statement that guch purchases has a tendency to reduce the earning capacity of the school fund so invested is entirely unsupport ed, either by reason or experience. "As to the statements made and re iterated in these several articles that a premium cannot be legally paid out of the permanent school fund for this class of securities, I desire to say that this is, perhaps, a covert intimation that when the test comes, if we should ever be able to reach that point, a ma jority of the board will be of the opin ion that it is illegal to pay a premium out of the permanent school fund, the logical conclusion of which would be that it is likewise illegal to purchase at a discount, and that we would be restricted to the purchase of bonds at par or obtain them from brokers or others who might be willing to de tach coupons, as has been done in the past, in payment of such premiums. "This construction given to the law is entirely unwarranted. It is con trary to the opinion of the supreme court, as found in 15 Neb., page 685, where it is held that premiums may legitimately be paid out of. the per manent school fund; that the true question to be determined is whether the Investment of whatever sum may be agreed upon is a proper one, and that question is left entirely to the judgment of the Board of Educational hands and Funds; nor is there any thing in the constitution or the law prohibiting the payment of a prem ium wherever It may be required in order that this fund may be profit ably invested. There has also been established by the action of this board heretofore, a well defined pre cedent. for the investment of this fund in this manner. An examination of the recordp of the Board of Educa tional Lands and Funds disclose that heretofore in many instances prem iums have been paid out of- the per manent fund and the bonds purchased upon an agreed rate of interest lower1 than that denominated in the bond. To illustrate: February 8, 1894, the records show that the board purchased 1150,000 Douglas county 4% per cent bonds upon a basis of 4 per cent, pay ing therefor *160,893.76 from the per manent school fund, or 310,893,75 more than the face of the bonds. Further, on June 5, 1894, the board authorized the purchase of $17,000 Nance county bonds for $18,565.31, to be paid out of the permanent school fund. These bonds drew interest at 5 per cent and were purchased on a 4 per cent basis, a premium of $1,565.31 being paid therefor. / - £iAUC^Liug a Diuau loouG ui yu^uv Valloy county 4% per cent bonds which lay In the treasury vaults for many months patiently awaiting the action of the board finally taken, as shown by the records, the third of the month, all bonds which have al ready been purchased or which there appear to be any immediate prospect of securing, unless different methods are pursued than those now employed, have been already mentioned. It Is proper to remark here that the $100, 000 Saunders county bonds, the pur chase of which has been so vocifer ously announced, are not to be Issued during the present year, and at the rate this fund is increasing there should accumulate in the state treas ury before the first of the year an amount sufficient to purchase them without regard to the fund now on hand. There was also a motion adopt ed at one of the meetings of the board to purchase about $30,000 of the out standing state relief bonds, provided they draw 4 per cent Interest, but whether the! party holdin g these bonds will part with them at this is, so far as I am Informed, problemati cal and very uncertain. Likewise a motion instructing the treasurer to purchase $35,000 Boyd county bonds,' adopted April 18, 1896, does not in sure the early employment of that amount of the state's idle school fund, as far as I am Informed, no further steps have been taken In the matter Professor Holmes. Prof. George Frederick Holme# of the university of Virginia, who has Just died at the age of seventy-seven - years, was a native of England. “He was a brilliant man,” says the Balti more American. “Ho was the second eldest member of the faculty, and was noted for his remarkable promptness in attending mo classes,' missing not more than five lectures during his forty years' term of office. He was retired from work at the beginning of this session, being unable to go with his lectures longer on account of fail ing sight and bodily strength. His ability as a writer and critic was marked, he having written innumer able essays on political questions and numerous school books, particularly for use In southern school and col leges.” Ahralmtn Lincoln. Austin Gollaher, th© old boyhood friend of Abraham Lincoln, said re cently: "Abe always remained at the head of his class, and I' never knew him to be turned down. His studious habits made him a favorite with the teacher, which caused a great deal of jealousy among his classmates toward him, and, not being generally liked anyhow, it made him very unpopular." WhlMlcr’ii Mrs. Alice Freeman Palmer tells a story illustrating the almost boyish modesty of the poet Whittier. A little woman forced her way into' the pen etralia of a Boston mansion, when Whittier was visiting there, and, clasping both the poet’s hands in her own, exclaimed: “Mr. Whittier, this is the supreme moment of my life!" Whittier stood first on one foot and then on the other, withdrew his hands agd clasped them behind his back, and replied prosaicially, “Is it?” Lupton, 111., Nov. 6,1897. French Chemical Company, 856 Dearborn St., Chicago. Gentlemen:— Enclosed please find one dollar for which sond me a bottle of yoar Anti-Nevral gique. Yon sent a bottle to my mother last week and it acted like a charm. She has been a great snfferer of neuralgia of the bead and stomach and around the heart and never took any remedy that re lieved her so quickly as this wonderful medicine did. I thank God for giving you the power to make such a wonderful remedy and I hope you may prosper. Bend as soon as possible to, Mary E. Perkins, Lupton P. O., Illinois. Clarence Cook will contribute to the December Century an article on Mr. Clement C. Moore, who wrote the fam ous poem "A Visit from St. Nicholas.” The verses were written in 1822 as a Christmas present for Dr. Moore’s children. A young lady visiting the family copied the poem into her album and sent it, unknown to the author, to the editor of the Troy “Sentinel,” who printed it without the author’s name in the issue of that journal for December 23, 1823. Reputations Made In a Day Are precious scarce. Time tries the worth of a man or medicine. Hostetter's Stomach Bit ters Is a forty-fivo years’ growth, and like those hardy lichens that garnish the crevices of Alaska's rocks, it flourishes perennially, m' and its reputation has as Arm a base as tno / rocks themselves. No medicine Is more high- A ly regarded as a remedy for fever and ague, S bilious remittent, constipation, liver and kid- W ney disorders, nervousness and rheumatism. It is better to say a little worse than you mean than to mean a little worse than you say. We wish to call attention to the ad vertisement in this issue of the Na tional Correspondence Institute of Washington, D. C. This institution is thoroughly reliable and we cheerfully recommend them to our readers. A college education at home shows won derful advancement in educational matters. The average weekly loss of vessels on the seas throughout the world is twelve. Holiday Excursions. On December 7 and 31 the Big Four Route and Chesapeake and Ohio Ry. will sell ex cursion tickets from points northwest, both one way and round trip, at greatly reduced rates to points in Virginia, North and South Carolina and other southern states. Round trip tickets will be good twenty-one days returning. Write for particulars and pamphlet descriptive of climate and Vir ginia farm lands. U. L. Trutt, North western Passenger Agent, 234 Clark St Chicago. What the superior man seeks Is In himself; what the small seeks is in others. Beauty Is Blood Deep, Clean blood meanB a clean skin. No beauty without it. Cascarets, Candy Cathar tic cleans your blood and keeps it clean, by stirring up the lazy liver and driving all im purities from the body. Begin to-day to banish pimples, boils, blotches,blackheads, and that sickly bilious complexion by taking Cascarets,—beauty for ten cents. All drug gists. satisfaction guaranteed, 10c, 35c, 50c. Before submitting to the inevitable It is wise to be sure it is the inevit able. Fiso’s Cure for Consumntion is our only medicine for coughs and colds.—Mrs. C. Belts, 489 8th Ave., Denver, Col., Nov. 8, ’95. According to an eminent doctor, tne excessive use of salt tend3 to paralyse the sense of taste. WHAT 8HALL I GIVE FOR CHRISTMAS? Ton oan easily settle this question by sending tor the grand new Illustrated Catalogue, show ing 3,000 of the most beautiful things in Jewelry and Silverwares of the Mermod & Jaccard Jewelry Co., Broadway, Cor. Locust, St. Louis, who will also. If you will enclose 35 cts., send you a Solid Silver Handled Nail File. Employes of the Hertford Street Railway company have been ordered not to chew tobacco while on duty. TO CUKE A COLD IN ONE DAT. Take Laxative Bromo Quinine Tablets. AH Druggists refund the money If It fails to cure. SEe KlUtary Compliment.—Lieutenant— , Good evening, miss! You look like a regiment of rose-buds tonight.—Flle gende Blatter. ' "* Since the establishment of a crema- Jr tion society in France 20.000 bodies j have been cremated in Paris. » In giving thanks for your blessings don’t forget the criticisms you have received. Train the growing tree so that only dead and Injured limbs trill need re* moving later on. a