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About Saturday morning courier. (Lincoln, Neb.) 1893-1894 | View Entire Issue (Nov. 11, 1893)
' v i - -"Tl kW vrt.l'? r-y'" (. ' , 't l a " f i ! Vi vi(nf p ' ' 7 - ?j ' r 'ii i" v, i tu ' v . . Saturday Morning Courier. VOLUME 8, NO. 49. lolNGOLN, NUMiASKA. SATURDAY, NOVKMUHIi II, 1893. PRIGK FIVB GENTS ypiir- j ' w, J I? SB ID Financial depressions a lieu t thu largo cities first. Thu ninall country towiiR aro the hiHt to feci tholr intluoncu. Thoro 1h u butter fooling among tho wholesalers in thin city than among thn retailors because thu former do business with thu small towns, many of which aro in very fair condition linancially. OrocurieB Thoru is a somewhat marked improvement in this lino. Trade ia better, with out of town collections fair to good. Merchants are tooling much better than thoy did a couploof weeks ago. Cigars, etc. A Hlight iiniroveiiient in noticeable. There 1h no complaint an to out of town collections. I'aintH and oils HuBinesB in slow, with evidence of slight improvement. Furniture, etc. Volume of business slowly expanding. Some bills aro being discounted. There 1h no complaint au to collections. Drugs, notions, stationary and kin. dred lines Trade is only fair about holding its own. Collections moderate. " Husincss in most retail lines is always slow about thu tlrst of the month, but there is a much butter feeling among the retail dealers, and the future is now looked forward to with some degree of confidence. In groceries there is no particular im provement, and collections continue Blow. Clothing, boots and shoes At this time of the year business in theso lines is almost entirely dependent on the weather, and the condition of the weather for thu past month has been generally unfavor able. A week or so of cold weather would have a most benelicial effect. As ' it is business is no bettor than two weeks 3t' ago. ViiDty goodH, ehv Trade is fair; about Holding its own. Special efforts to attract purchasers are beginning to ineot with some encouragement. Hardware, etc. Theso is very little activity in this line, duo to kouio extent to the weather. There may be said to be a general im provement, In, the amount of business done, with collections slow. , A prominent banker of this city in discussing the business situation with a CouniKit representative said: "It can be stated definitely and positively that thore will bo a steady and appreciable improvement in business in Lincoln and Nebraska from now on. I will tell you jMu why. For nearly nine mouths there has fc5k been a steady flow of money from this JV-jjjjy j0 jjJ0 t,ll8 jn j,nyino(; 0 various obligations. Eastern security holders have demanded their money as it be came due, and individuals and corpora tions that huve made a practicu of send ing money to Lincoln for real estato loans, have refused to loan a cent. It ' would surprise you, and thu public, if the amount of money that has gono out of Lincoln in the last six or nine months for thu discharge of obligations of dltferout sorts, were known, and all this time no money has been coming in. It has been a heavy drain. But now there is a change. There is no longer such I an urgent demand for payment from tlio '., east, and money has actually begun to r' flow west. Within tho last week or two commercial paper given by Lincoln ' firms has been sold in Now York, and ", accommodations can now be secured from tho east on good security. And ;' thoru is a willingness to send money hero for loans on real estate, and money has reached this city fur tlds purpose. Thn tide has turned, and with less money going out and with an increasing supply coming in, business will very materially improve." The extensive building operations that have taken place in this city every season until the present have brought a great deal of money here, and helped business generally. As a matter of fact most of tho large buildings have been erected with eastern monoy. Tho lull in building has had a great deal to do in causing the depression in this city. Theie is a bright prospect that next season's activity will make up for this season's dullness. Pioininont railroad men concede that earnings on most lines west of the Mississippi will show some falling off, but they insist that the niilroad com panies east of tho Father of tho Waters will make better returns from now un til the end of tho fiscal year than were recorded for the corresponding period of 1892. Two roads havo distinguished themselves by showing good increases in their gross earning per mile for the nine months ending September !10, lH'.l.'l, over the amounts reported for tho same period in the previous j ear thu Illinois Central, which has a gain of 8lt.'i0, and tho Now York, Ontario A Western, whoso gain is 805'.) per mile. These roads owe much of such a favorable in suit to tho heavy world's fair tralllc, and Borne of it, of course, to the fact that tho Increase in earnings lias not been spread overall increased mileage. Atchison's gain amounted to 81 per mile. It may have been supposed thu other roads tho New York Central, for ex amplewould have been among the number with improved totals per mile. The New York Central has done ex ceedingly well, considering the big hole that must have been made In receipts Intel) by the falllng.oir in the fi eight movement. It will bo observed, how ever, that the late returns come from the ope atiou of '-VVtl miles of road, against o.il) 2.01H! u jcuriigo, and this has brought its average down to 91)80 per mile. Soveral, but not all, of thu big granger roads make early letums. Of theso, wo see St. Paul with a loss of Wiper mile, on the samu mileage this year as last. Hock Island's recent state ments have not reflected anything like the contraction in teceipts shown by other roads similarly located. In fact, to September .'10 it has au increase of 8711,.U7 on record. It earned, gross, 811,157,971, against 8KMXV1,C5J a year ago. Hut, looking at tho mileage, the solution is found in an increase of 251 miles, lately in opuiation. This turns thu gain in thu aggregate into a loss per mile of 858. Tho single gold standard having been permanently adopted, the matter next in order for consideration is thu maintenance at par with gold of our silver and paper money. We have now in circulation in the country silver dol hits, silver fractional coins, and silver certificates representing dollars, amount ing altogether to 8J48,7i0,000, and 850, 000,000 more aro soon to bo coined. We havo or paper money 8-'H (5,000,000 old greenbacks, 816.'J,000,000 treasury notes, and 8200,000,000 national bank notes. The silver coins and silver certificates derive one-half of their currency valuo from tho fact that they aro received by the government and by the people as tho equivalent of gold, and tho green backs, thu treasury notes and the na tional bank notes got the whole of theirs from public confidence in their redeem ability in gold on presentation. The maintenance of thu gold standard for our currency depends, therefore, entirely upon popular faith, and to prevent this faith from being impaired, as it was last spring, by tho export of gold fioiu the country, is of tho highest importance. Practically, tho duty of fortifying it devolves upon tho government nlono. Tho banks aro not required to pay theso depositors, nor debtors tlioir creditors, in actual gold coin. The silver dollars, tho greenbacks and tho treasury notes aro by law a legal tender; tho silver cer tificates are convertible only into silver dollars, and bank notes are payable in anything that is legal tender. The greenbacks and tho treasury notes, if tho government should fail to redeem thorn in gold on demand, would immedi ately fall below par in gold, and they would draw down with them not only thu national bank notes, but the silver coin and tho silver certificates. "iMatthew Marshall," the financial editor of tho Now York Sun, suggests that tho resumption act needs an amend ment providing for tho issue of bonds payable expressly in gold, principal and interest, and at a lower rate of interest and for a shorter torm than those which aro authorized by it as it now stands. Conceding that under tho act, tho sec retary might now sell bonds to main tain gold paymonts, tho only bonds lie could olTor would bo 1 per cont bonds having thirty yoirs to run, ll por cont bonds having fifteen years to run, or 5 por cont bonds having ton years to run, and nil payablo in "coin." To issuo any of theso classes of bonds now would bo so extravagantly wasteful that, as Mr. Shorman said in advocating his proposi tion for a short torm ') por cont bond, no secretary of tho treasury would dare to do it. Besidos amendment in this respect, tho same writer suggests that there should boa legalization of thu gold fund arbitrarily created b Mr. Sher man in 1877 and 1878, and maintained by his successors, and power should bo vorted in tho secretary of tho treasury to replenish it whenever it is necessary by tho sale of bonds for gold, not only for the benefit of tho old legal tenders, but for that of tho tieasury notes issued for purchases of silver. Even tho silver certificates should bo mado redeemable In gold, as well as in silver, if wo aru to make effectual the declaration of thu repeal bill in favor of "such safoguaids of legislation as will iiisuio thu main tonancu of thu pairty of the coins of thu two metals." IB' An entertaining writer In the Con tributors' Hull in tho November Atlantic pleads against being clover. "In literature, still tnoio In conversa tion, cleverness often takes the trivial form of expiessing some commonplace thought in big language, thus raising an amusing contrast between the idea and the words. This was a favorite practice with Dickens. Hero is an illustration, though not perhaps a very good one, from a contemporary writer: When wo reflect on tho dismal fate of Uriel Froudonbcrgcr, condemned by the canton of Url to bo burnt alive in 1700 for rashly proclaiming his disbelief in the legend of William Toll's apple, wo realize thu inconveniences attendant on a too early development of the critical faculty.' This is very good in its way, but one can easily get a surfeit of tho trick. There are people, Iloston-bred people especially, whose whole idea of conversation is to manufacture little verbal sweetmeats like the foregoing specimen, and hand them to jou with a pleased smile. Ah, the ennui, the fatigue, tho despair, that I havo sulTered at their hands! They aro brilliant, I acknowledge it; thoy havo brains; they outshiuo me; perhaps, indeed, 1 am envious of their talents. Nevertheless, I can lay my hand upon my heart and declaru that it is not envy, but resent ment, that moves my pen against them. Tho great fault that I find with clever peoplo is this: they do not help us to get 'forrardj' there 1b nothing to bu learned from them, nothing to be got out of them." "All mankind may be divided into two classes: (1) those from whom ideas or facts can bo derived; (2) those from whom neither ideas nor facts can be do rived. Of courso this division is sup plemental to thn still mora important one which depends uion tho affections. Tho chief use of human beings to one another is to supply un object ujhjii which alTection can bo bestowed, and from which it may bo received. For this purposo do wo liuvo wives, husbands, childieu, lovers, and tho like. Somo persons maintain dogs, and somo cats, for thu samu reason. Hut, apart from this iclation, tho most important use that one has for humun beings at least I find it so -is as feoders for the mind, A man is liko a book to bu read, and then either to bo put back on thu shelf for further reading, if ho deserves it, or, as is more likely, to bo got rid of; not rudely, of course, but gently, and with duo consideration for his foelings." "Thoro aro certain men to know them is a great privilege whom you cannot open at random, so to say, without find ing a jewel; men in whoso company one never spends half nn hour without hearing something to remember for a lifetime. Hut how few they aro! As 1 look back, I count in my own experience only llvo such. They are as follows: a poet and patriot; an admiral in tho United States navy; a preacher and writer, a lawyer; a young fellow who wroto squibs and verses for thu magazines and papers. This com pletes my list, unless I should add to it, us I might not unreasonably, a litteia tuur who died, indirectly, of drink. Samuel Rogers declared, toward the end of his life, that ho had learned far more from men than from books; but his list of friends and acquaintance held such names as Fox, Hurke, Grattan, Parson, Tooke, Talleyrand, Erekino, Sir Walter Scott, and thu Dukoor Wellington." Tho presence of a sooiot) in this state whoso object is the preservation of thu history of Nebraska, is little Known. It was organized in 1878, and the character of tho men who formed it may bu seen by a glance at the list of those who signed the call for the tlrst meeting. Among them were: Alviu Saunders, A. S. Paddock, Silas (larbor, Robt. W. Furnas, Geo. L. Miller and J. Sterling Morton, Hy act of the legislature in 188.'), tho society was mado a state affair, and its archives became public pro porty. Under tho secretaryship of Professor George E, Howard, for many yeais holding the chair of history in the statu university, and now in Leland Stanford university, the society became known to tho historical societies through out thu United States, and thu histoi leal society was increased to 4,112 mem burn. At thu departure of Professor Howaid in 181)1, Professor Howard W. I Caldwell beciuno secretary. At the last annual meeting a new otlk-o of , assistant secretary and librarian was I established, to which belongs now thu fConespondoncoand the caro of the books. In August of this j ear thu'sooloty came into possession of Its permanent quar tors In the new lihiary building of thu slide unlveislly. The university gives this splendid place to tho society,'! In order that tho students may lie able to uso thu society's library and read tho papers or thu slate which aie there kept on tile. In its present ample quartets, with unlimited room to Increase its library and its collection or curios the society hopes that n new eiu has begun. All citizens who havo any state pride at all, should enlist their sympathies, their care, and ir need lie, their money, In building up the society. It may bo asked, "what does thu society want?" "How can It bo aided?" Hrlofly slated, the society is making au earnest en deavor to collect tho following elapses of tilings: 1. Hooks mid pamphlets pertaining In any way to tho state, whether published hero or elsewhere. 2. Old manuscripts, whether diaries, letters, records or what not, or early nottlers. .'I. Photographs or old settlers and of any state officers. 4. FIIob of old papersthe older tho better. Old Now York, Hoston, Phila delphia or other papers, me also of great valuo to the society. fi. Town and city records; publications or any kind. Especially school reports. 0. Catalogues of Institutions of learn ing that now exist or no longer stand in Nebraska! 7. Facts concerning thu early history of tho territory and state. Old settlers cannot do greatur service to tho society than to writedown what they know or havo experienced. 8. Holies, curios, etc., to which any interest attaches on account or ago or associations. I). Indian relics. Tho society hopes to gather a large number or things illus trative of Indian life in Nebraska. "There is no reason why Nebraska should not have us largo, flourishing and aggressive a Boclety as Wisconsin or KumhbKj&j .Juy-'AJlarrott, assistant secretary and librarian of the socioty, "and it will como by a personal interest of each citizen in the society. Open correspondence with thu society. Tell us what you havo or know that Is valuable to ho preserved. Send in to thu society all you have or enn get pos session of, and the coming generations will rise up and call you blessed." There is somo interest in the project to establish a permanent museum on the ruins or the world's fair. Discus sing this subject a saicastic writer in au eastern publication sas: "I should bo the last poison in tho wot Id to suspect those two eminent Chicago philanthropists, Messrs. Mar shall Field and George M. Pullman, who havo just piomisod to contribute 81,000, 000 and 8100,000 respectively toward Chicago's contemplated new art mu seum, or having what Is slangily known as a string attached to the same. True, thcio is some sort of condition attached to the latter gentleman's gift four other gentleman, I believe, are each to contribute 8100,000 before the Pullman check is written but who is going to be so foolish as to suppose that the great carman's generosity will fail to result in bringing tho required quartette, as it were, to tho scratch with lightning like rapidity, and that his handsome douceur will not lie handed over at once witli all tho grace mid bonhomie for which the Duke is famous? The vorj business-like manner in which Messrs. Field and Pullman marshal their thousands of employes, through whose aid thoy have grown so rich as to make even gifts like these look trifling, speaks brightly for tho readiness with which, as their follow sooiot) tiiaguatos saj, 'thn coin will bu shelled out when tho proper time comes.' For my own part I quite agree with the member of tho Chicago club who confided to mo within a few houisof tho publication of tho Field-Pullman philanthropiu inteii tions, his opinion that 'it would bo worth ten years of any man's life to sou old Geordie give away 8100,000.'" "As for tho museum itself, 1 am assured that when its contents are properly classified and arranged, it will promptly take rank as the eighth wonder of the woild. Hare and costly cuiiosities from all puts or tho (lobe havo boon prom ised, and tho Chicago section alone will be worth going miles to see. There will boon permanent exhibition, for instance, the potnlled skeleton of thu Hist steer slaughteiod at thu Armour yauls after tho the; also a thiol) engrossed copy of tho family pedigree or the late Column doro "Hlaek Jack" Yuttaw, a leading eit Ien lecently deceased, whoso historic (Coiifuiuei on Ffth Vuyv,) il i Times have changed In Nebraska. Tho populist bugaboo that has cast a shadow on tho fair nainoof the slate has nearly spent Its force. Tho peoplo are coming to their souses again. And the party that was built upon the quick sands of personal disappoint ments, and led by disgruntled soreheads and ranatlcs; thu party that sought to advance Its Interests by destroying tho credit or the slate, whliii started on the down grade a year ago, has now at tallied a velocity that will very quickly bring it to tho Jaws or disaster that have engulfed every parly that was ever oigauized, whoso solo subsistence was deniagoguery. It is unfortunately true that many good men are easily victimized, and It cannot be denied that tho Van Wycks mid thu Hurrowses mid the Looses have drawn Into the Independent party a con siderable number of honorable, well meaning men, who have been misled by thu raise teachings or these maliguers or their state, Hut in tho main thu third party has been and is now composed or the oil scouring of thu two principal parties, the Edgertons, the Oumlllfs and the Sehradois, who have looked upon the new organization as a short cut to public olllce. And the third party.hullt up and maintained by political bunkosteerers appealing to the cupidity or olllce seekers, crying distress in a tone keyed to the pitch or anarchy, attacking state ciedit and echoing all thu isms that ariso from tho diseased brains of hair crazy H)liticiiins who havo met with disappointment in tho republican and democratic parties, has worked an in- jury to thu state that will not bo fully overcome for inuny yours. The election of Judge Harrison, who had the bitterest imposition that any re publican candidate for years has had to contend with, signalizes the ro-awakon-ing of reason among the voters or Ne braska. 11 shows that the populist object lessons of the last two years, in cluding open outlawry and open revolt against law and order and defamation of individual and state character, have hud au effect, and brought thn people to their senses. The ciedit and, to some extent, the prosperity of the state, were at stake in thu contest for tho election to the judge ship, and Harrison was elected by thu very best element of Nebraska voters, men who love tlioir state and who wish to see it prosper. --ii At a very low calculation, 2,500 straight democrats voted for Harrison. These weie democrats who realized tho importance of redeeming Nebraska's credit, and were willing to vote against their party for tho sake of the state, just as largo numbers of republicans would have done had tho conditions been reversed. As a matter of fact, aside from party pride. lepublicans wore not so much concerned in thu election of Harrison as they were in the overthrow of that incubus, tho third party. Irvine, the late demo cratic candidate, is piuhahly just as good a man as Harrison, and had ho been in thu lead at thu start, with a fair show or winning, lepublicans would have helped elect him. Theie was only one issue, the defeat of tlie calamity howlers, and tho election of Harrison is unquestionably one of the most important political events that have happened in this state for a iium- of years. It added several large marks to Nebraska's ciedit in the east, and it is a source or great satisfaction to that class ot citizens to whom thu welfare of tho state is an important consideration, and who aro wise enough to appreciate tho present condition of affairs. o - Late loturns show that there was a republican landslide in this state so far as county olllcers aro concerned. The populist cotllu was driven full or mills on Tuesday. Tho way is now open for certain 're publican success next joar if the party will name a good and clean ticket. Too much credit cannot be given Hrad Slaughter for his able manage ment of thu campaign. An inetlleiont I chairman ot the state central committee 1 would havo brought ceitain defeat. ' From the very tlrst Slaughter bent all his energies in one direction, staking re publican success or defeat on just one consideration. Ho did not ask men to , vote for Hurrisou because thoy were re publicans, but because tho welfare of the state demanded the defeat of thn third party. Ills appeals were addres sed to the, business men, and his efforts were successful In a marked degree. Mr. Slaughter had n verv Iiirini share In thneleotlon of Harrison, Hocondiicted the campaign as few men could have conducted it. Ho was most ably assis. ted by Tom Cooko whose long ex- perioncu in Nebraska Do lit en and rare executive ability havo so often con. tributod to his party's success In the past. There is some talk or establishing permanent republican headquarters in this city. -o- Hvjiits in Lancaster countvand nlnn. wherein tho slate indicate that thn A. P. A. is an unknown quantity that may upset thlnus uuile unoxiinctmllv n Mu. Inst minute, Miller was elected sherllf, to a large extent, by the efforts or Mayor Wolr's rerorm fire and police departments. - o- -There aro republicans who think the whole county ticket might have been elected by skillful innnagemont. Nw Triut t!ilnmny. The Mercantile Trust company bus been Incorporated with tho following ollleors: Frank W. Lewis, president; John J I, Ames, vice president; Honry E. Lewis, secretary and treasurer. Tho authorized capital of the concern is 8100,000. Tlioeompanj will transact tho business ordinarily done by trust com panics. It will negotiate loans, buy Isnids, state and county warruntB, etc. The homo olllcu will bo located in Lin coln, and Mr. Henry E. Lewis will hnvn charge or thu same. Mr. Frank Lewis is now in Hoston arranging tho eastern connections of tho comiony. Ho will probably make Hoston his futuro homo, whore he will act us eastern agent for tho Mercantile Trust company. You talk ntMitit IiIkIi kicking, . Hut TlioroBo' nlry flight Kicked tho clipping off tho climax It wm simply out of light I FA8HION8 FOR MEN. Overcoats should huve Velvet collars. Gloves are being worn somewhat darker. The Alpine hat looks well with the new, big overcoats. High colors in hosiery and underwear are finding more popularity every day. Link cutr buttons are worn utmost ex clusively by men who pretend to keep abreast of the fashion. Men who carry canes should have them of natural wood. Umbrella hand les also should be plain. Neckwear is getting more eluboruto every week, and tho gorgeous effects are drowing out tho plain colors. Creased trousers continue to bo the I ropor thing, and they will likely con tinuo to bo as long as they keop trousers in shape. The regular overcoat is more tasty in dark colors and smooth materials. The Chesterfield coat should never be any thing but smooth material. Men who wear the hitter garment should always wear a silk hat with it. A Until.. Fur HIimhI, Is what Hood's Sarsaparilla vigorously lights, ami it is always victorious in expelling all the foul taints and giving the vital fluid the quality and quantity of perfect health. It cures scrofula, salt rheum, boils and all other troubles caused by impure blood. NliiKiini Fit I In. Next to the world's rair, all our foreign friends want to see Ningnra Falls, and in the minds of many, Niagara Falls is placed first. Ono of the first questions they ask au Ameri can either at home or aboard is about Niagara, but to many ot us Niagara Falls is too near. Were it on the other side of tho world, thousands of American globe trotters would hasten there, who pass it by now because thoy can go there any time. The Michigan Central has made it, perhaps, too easy of uccess, for its thiough trains from Chicago to New York mid Hoston run directly by and in full view of the great cataract, and those passing b) daylight stop live minutes for passengers to view the Falls. The wise traveller however will stop over there as long as his time will per mit to view the beauties and the gran dour ot thu rails under different aspects and from different lHiints of view, 'ho longer he stops tho more he will find to repay him for whatever expenditure of time and money he incurs. When a quarter will buy a good ie served seat at the Lansiiic theatre Sun. da) evening to hour the Nebraska state 1 baud in grand concert, there's no excuse, ' f. ... i,, ,.!..,. ti... oi.,.io - ,...:.... .. .eL' J for loafing the streets or goine to qWeit- M v KMJ tiouuble plucoi. I jJdOlW mtrir
