The Plattsmouth journal. (Plattsmouth, Nebraska) 1901-current, October 07, 1909, Image 4

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    The - Plattsmouth - Journal
Published Seml-Weeklj at
R. A. BATES,
Skj.-jI : I'm Pjit)fi:j at PutU n jt h, Nebraska, sseconi-clas
matter.
$1.50 PER YEAR IN ADVANCE
K. P. RuffiuT and A. C. Despaio
are the Democratic candidates for as
sessors of ttio city of Plattsmouth.
They are two veil qualified men and
have had considerable experience In
this direction.
:o:
it should require more than a
year's residence In Cass county to
qualify a man for office. Yet there
semis to be one on the Republican
ticket that has been in Cass county
hardly that long.
:o:
Cast your optics on the ticket at
the head of this column and then ask
yourself if you can remember the
time when there was ever a better
set of candidates placed before the
voters of Cass county asking for their
suffrages? We don't believe you can.
:o:
There Is no question as to Clell
Morgan's qualifications for the office
of county clerk. Everybody knows
that he is one of the most genial fel
lows, and this, added to his most ex
cellent qualifications, make him ac
ceptable to the people of Cass county.
:o:
Andy Snyder, the Democratic can
dldate for register of deeds, was In
the city Saturday afternoon and feels
greatly encouraged by the prospects
of election. He says that within the
past week he has met many voters
and he secma to be running a great
deal better than he expected.
:o:
The third terra proposition is now
absorbing the attention of a great
many voters of Cass county at the
present tlmo. And It Is the general
sentiment that it is not a good pre
cedent to establish now any more
than It was in the case of John D. Mc
Ilrlde, who ran for the same office
four years ago.
:o:-
' Judge Dean Is the only member of
the supreme court who held that the
non-partisan judiciary law was valid
and should stand as the law of this
state. If you believe In a non-partisan"
judiciary you caunot be honest
to your belief unless you give Judge
Dean your earnest support and elect
him to the supreme bench.
:o:
In Missouri they have a Jaw where
the youth's under 18 .years of age
are fined $10 and costs for smoking
cigarette, and the Informer gets half
of the line. If we had such a, law
there are some people that would be
chasing the cigarette smoking kids
all of the time to get part of the fine
and it might be the means of break
ing the youngsters of smoking those
"coffin sticks."
:o:
Some people think that because a
man has lived on a farm all his life
that be Is 'not qualified to hold an of
fice. There are farmers In Cass
county abundnnUy able to fill any
position in the gift of the voters of
Cass, county, and Andy J. Snyder Is
one of them. Decause a man has
been employed In a bank for several
years does not especially qualify him
for register of deeds any more than
it does Mr. Snyder. He has a fine
education, and will run the office to
the credit of the people.
:o:
D. C. Morgan, Democratic candi
date for county clerk, was here Sat
urday. Clell was a very busy man,
Indeed. He wanted to meet as many
voters as possible, had to attend the
central committee meeting, and then
there was a cracker-Jack ball game
going on, to say nothing of the many
attractions on the midway. He doubt
less has acquired tho hustling habit
from a four years' association with
County Clerk Rosencrans as his dep
uty, and covered the entire trick pret
ty thoroughly befpro leaving town.
Louisville Courier.
:o:-
The Omaha Ilee continues to bo
greatly worried because Judge Dean
upheld tho non-partisan Judiciary
Jaw, and says Dean "did It for effect."
Plattsmouth, Nebraska
Publisher.
But the Bee can see nothing but
Judicial greatness In Judge Dames
going before the Republican state
committee and asking whether he
should favor the law or knock It out.
And when the committee told him to
"kill It," he did so. Of course, the
Bee contends that Dean acted dishon
estly, and Barnes' purposes were Ju
diciously pure and politically unde
nted. Kearney Democrat.
:o:
HOW HANKS Mil) ASSKSSEI).
Henry Seymour, secretary to the
state board of assessment, in answer
to an inquiry has defined the method
of assessing banks, trust companies
and building and loan associations as
follows:
"State, national and saving banks,
domestic and foreign, are assessed
upon the value of their capital stock,
and taxes are levied upon a per cent
basis, the same as all other property
In this state is taxed. The value of
the stock is found by taking the mar
ket value of the same, together with
the surplus and undivided profits,
from which is deducted the real es
tate and other tangible property of
the bank, .which is assessed separate
ly. The names of the stockholders
and the amount owned by each are
listed by the bank, but the tax is
levied against and paid by the bank.
Trust companies are assessed (the
same as banks. Building and loan
associations are assessed only on
their real estate, but the shares of
the stock in the same are held to be
credits and are assessed to the own
ers and the members of the associa
tion. Deposits in saving banks as
well as all other banks are listed and
assessed to the depositors. The rate
of taxation varies In the several tax
ing districts of the state because of
difference in the levy for local taxa
tion. -:o:
HOW U)X? O LOKD! HOW LONU?
How long will the' people of the
west and middle west stand for It?
We are not "secesh.". We do not
believe in stirring up bitter feeling
In one section against another, for
our nation la great only as It is united.
But there Is a limit to endurance;
there is a point at which the "milk
ing" of one part of the country, by
another becames "Injustice, outrage,
robbery. It Is not right, or fair) or
sensible, or patriotic, that for a few
cents tariff on lemons . and. orange
oil,-or-lumber, or. for free hides,
three-fourths' of the 'country should
be compelled to support,' until the
mlllenlum, the, billionaire producing
interests of New England, New
York and Pennsylvania, and It 'is
infamous that one county on Man
hattan island should control the
finances of the nation.
How long will the people of the
west and middle west stand for it?
Will they stand for Taft's new
scheme for a central bank of issue,
created by that eminent architect of
infamies, Aldrlch?
Will they stand for a central bank,
to be controlled by eastern financiers,
a bank that Is to come forward In
case of "casual stringency" in the
money market, as Taft calls it? Come
forward when Wall street wants to
enliven the business of gambling with
a billion of money that should be in
legitimate business and circulation,
as Wall street did two years ago?
Aren't things centralized In Wall
street enough now?
Two years ago it was poslble for
centralized financial power In Wall
street to turn high prosperity into
high panic, almost In an Instant.
The middle west and west were
crucified. Their banks, with millions
and millions supposedly on call In
New York, were refused their money,
and every business concern, every
farmer's concern, every artisan's
living in the middle west and west
was mercilessly, brutally pinched.
Every dollar of railroad money con
trolled by Wall street was ordered
forwarded to the "center" daily, for
the gambling purposes of "the kings
of high finance," and the great west
and middle west were left stripped
and pauperized by the centralization.
And, God help us! they now propose
to legalize the thing by United
f,iates statute; by Aldrlch-made
law!
Sun Francisco lay struggling in
her ashes. Manhatten banks were
fat with her money. She cried in
vain for it. She found it "subject
to call" of the gamblers only. She
had to stop building homes for peo
ple who were cold and hungry and
quarters for business men who were
striving to again stand upright af
ter the horrors of April, 1906.
Let the people of San Francisco,
of St. Louis, of Los Angeles, of
Seattle, of Omaha, or of any other
growing center of the west or middle
west demand of President Taft that
his and Aldrich's bank of Issue and
bank of control-of-stringency be lo
cated in their city, be controlled by
their representatives, and if they
get any more satisfactory answer
than that chronic, silly smile and a
few kind, windy words, they'll be
lucky.
How long will the people of the
west and the middle west stand for
location of all the national control
In the hands of the few down east?
Omaha News, (Ind.).
:ol
That, there Is a conspiracy In the
fight against the present postmaster
begins to crop out daily, and It will
not be many days until the chief con
gpirator will be known. It is a long
lane that has no turn.
' :o:
The Review of Reviews, a maga
zine that has Republican tendencies,
has had an expert at work figuring
out the changes made la the tariff in
the recent special session, and his
conclusions are that it Is the worst
measure for the consumer than any
tariff law we have ever had.
:o:
,
When LaFollette contends that
Cannon and Aldrlch do not repre
sent the people, he certainly is right'.
But do they not represent the Repub
lican party? All representatives of
the two great generals,, except La
Follette, Cummins, Dolllver and a
few others whom the stand-patters
class as "Insurgents."
' '.:.
-:o: ;
The spoils system makes maneuv
ering for the postofflce a stre'nutfus
occupation. Inasmuch as .the. Demo
crats have no. finger .In this p(e-hey
can'slt-back and watch .the scramble
with a 'complacent smile. The" can
didates for the Plattsmouth postof-
ftce, we hope, .'are anticipating too
much and may scramble In vain, ...
The , big bankers., talk' very glibly
about: .the,, bank, guarantee, guiting' a
premium 'on1 bad banking.." The re
turns from Oklahoma last Tuesday
Indicate that he law" puts a prem
ium om good Ranking, That was a
big bank .'which failed' in Oklahoma.
Three' million dollars Is a big sum';
. . ., .. .
Out the state law handled 'the 'sltufc-
tlon admirably. Every .depositor got.
his money. That Is what the law Is
for. That's the , kind of. a law' we
want In Nebraska. That's the kind
of a law the legislature gave us last
winter. That's the kind of a law
which the federal court refuses to
permit the people of Nebraska to
enjoy.
:o:-
WHAT WOULD HAPI'KX?
What would happen In Nebraska If
a bank should fail for $3,000,000?
The courts have tied up the bank
guarantee law, and all the depositors
could hope to get would be leavings,
after a receiver and the lawyers had
consumed the fat.
It is different in Oklahoma.
I-ast Monday an Oklahoma City
bank failed for three million dollars.
Did the depositors tear their hair,
wring their hands and run wild? Not
at all. They went quietly about their
own affairs, because they knew they
were protected by the state law
which guarantees bank deposits. The
bank commissioner took possession
of the hank Monday evening, and
promptly announced that he would
pay every depositor in full next
morning. And he did pay every one
who called for his money.
Think of it. Think of it in com
parison with what has happened In
Nebraska, and what may happen
again, if the courts shall kill our
bank guarantee law.
Remember the story of the Capital
National, which failed in Lincoln.
After waiting for seven years a de
positor got 15 cents on the dollar for
his deposit. Columbus Telegram.
:o:
Tin: ki:(;isti;i:i.i lettf.u fkk.
As a means of stopping the post
office deficit Postmaster General
Hitchcock raises the' fee for regis
tered mail from 8 to 10 cents.
Now, the postoffice service of the
United Statese government Is an ex
cellent one. The postmasters, clerks
and letter carriers do their work
well. But the management of the
department at Washington Is open to
one very serious criticism. It pays the
railroads too much for carrying the
malls. It has been charged that the
United States government has to pay
the railroads very much more than
the expreess companies do for the
same service. It has also been charg
ed that the weighing of the malls is
performed at the heaviest time of the
year. It has also been charged that
the government pays the railroads
for a mail car In one year enough to
buy the car, which is almost as bad
as the annual rent of a house being
made the value of the house. It is
charged that the postoffice deficit
comes from the amount wrongfully
paid the railroads.
:o:
KIHJAIl HOWARD AI'OLOGI.FS.
Recently Edgar Howard accused
Senators Burkett and Brown of not
voting to reduce the tariff on any
necessary articles consumed by the
farmers of Nebraska, but after care
fully looking over the record he of
fered an apology to our senators and
says:
Acting under that dispensation,
our two senators voted to reduce the
tariff on "acorns, raw, dried or un
drled, aconite, apatite, catgut, blad
ders, stuffed birds (not suitable for
millinery ornaments), dried blood,
cuttlefish bone, dragon's blood, fish
skins, ice joss . sticks, lodestone,
ivory tusks, spunk, silk worm eggs,
vaccine virus, shrimps and skele
tons." While unable to find any such ar
ticles as mowing machines or twine
binders, be Is glad that they were so
thoughtful as not to overlook catgut
and Ivory tusks, shrimp and ' skele
ton's, dragon's 'blood and' Joss sticks,
things,. that no well regulated family
can get along without, and articles
tbt no farmer can hope to- dispense
wltti and succeed!"' "' ' v..
-:o:
AXOIUKCy.LKSSOX.
v,- ,, . ..... . '
Pre8S're'pdr'tsrfr6m Oklahoma are
. .I'livM ("!'."' , i
Just at present interesting to the peo-
. tfq i o';-, ;t.' c (
pie oJijKebijaska who, .through the, ac
tion, ot the national " bankers- of Jhe
state;' hare' a bank deposit -guarantee
law tied up In the federal court.1 ''-
An 'Oklahoma City'bank With "de-
posits aggregating 3,000,000,. was
closed by the state bank commission
er, and within forty-eight Jbours the
payment - of depositors was . begun.
When the bank doors' were" opened
stacks of bags filled 'with 'gold and
silver and piles of currency were
In the cages of the paying tellers and
less than 100 persons were waiting
for admission. Not 10 per cent of
these were women, and there was ab
solutely no excitement. As the day
advanced the size of the crowd In
creased, but many who grew tired of
waiting for their turn, left to return
again.
It Is scarcely to be Imagined that
such a condition could exist In any
other state, and It cannot be dented
that it Is only possible, in Oklahoma
because of the deposit guarantee law.
There Is no reason for excitement or
apprehension. Depositors know that
their money is absolutely safe, and
that they will be paid In full. This
being the case there Is no reason why
they Bhould suffer the fatigue and In
convenience Involved In standing for
hours In a line.
Those who have had experience In
bank failures need not have pointed
out to them the advantages of the
Oklahoma situation. The closing of
E. nS.SKVHTH
' Will Sell
36 POLAND CHINA HOGS
October 11,1 909 at 1 p. m.
At Rainey's Livery Barn, Union, Neb.
: - i r i 1
-
' - f
V
7) Hi- '
" '-
ISBOARS-Fall and Winter. 21 SOWS-Yarlyng and Fall
This stuff is strictly expansion Wan 36278, Onward Price 57756 and
S. P. of the Perfection Blood.
The lot will be thin fleshed, but no better blood lines can be found in
this part of the state. You are invited to attend this sale.
COL. R. WILKINSON, Auctioneer,
JOHN R. PIERSON, Clerk.
an Institution with J3.000.000 of de
posits would without doubt unsettle
business In almost any city in the
country, and In any other state would
certainly have an effect upon the
banking business of the entire com
monwealth. The bank which was
closed was the reserve for 150 others
and had' on deposit 11,300,000 of
their funds. Yet these smaller in
stitutions are not in the least af
tected and will keep right on doing
business as though nothing had hap
pened.
Without the guarantee law, a re
port to the effect that any of the
smaller institutions had any consid
erable sum on deposit in the failed
bank must certainly have resulted in
a "run" on the little fellow, and no
one could foresee where the failures
and losses would end. Lincoln
News.
-:o:-
Money Conies In Bunches
to A. A. Chisholm of Treadweil, N.
Y., now. ..His reason Is well worth
reading. "For a long time I suffer
ed from indigestion, torpid liver, con
stipation, nervousness, and general
debility,'! he writes. "I couldn't sleep,
had no appetite, nor ambition, grew
weaker every day in spite of all med
ical treatment. Then used Electric
Bitters. Tweive bottles restored all
my old-time health and vigor. Now
I can. attend to business every day.
It's wonderful medicine." ' ' Infallible
for Stomach, Liver, Kidneys, Blood
and Nerves. 50c. at F. O. Fflcke &
Co. ' ' ' '' '
M. W. A. Band Benefit Dance.
The. M. W. A. band will give a
dance at Coates' hall on Saturday
night, October 23, 1909, for the
benefit of the band. It is the inten
tion of the boys composing the band
to make this one of the most enjoy
able events ever given In Platts
mouth. The band Is coming right to
th front as one' of the finest musical
organizations lh eastern Nebraska,
they have also an orchestra In con
nection, and will soon be able to fur
nish the best 'of music for all, who
may desire their services. Every one
should encourage the boyi by . at
least attending their entertainments.
Low Rates
HE NORTHWEST: Cheap one-way Colonist fares to the North
west, Puget Sound and California, September 15th to October 15th
daily through trains to the Northwest via the Great Northern- also via
the Northern Pacific. To California, daily through tourist sleepers
via Denver, Scenic Colorado and Salt Lake City
ROUND TRIP TO PACIFIC C0AST:-Very low Seattle and California
round trip excursion tickets on sale during September. This is the
last chance to obtain these cheap rates for the greatest railroad jour
ney in the World.
EASTB0UND: Special round trip rates to Chicago, Kansas City
Lincoln, Omaha, St. Joseph, St. Louis, August 28th to September 5th
and from September 11th to September" 19th. Daily low thirty day
round trip rates from Chicago to Atlantic cities and resorts.
September is the last month for the special vacation rates to Colo
rado. Homeseekers' excursions September 7th and 21st.
1 Consu,t nearet
I'of special rates.
iiuimi
llrnirrr.
UlumilHiuil
The Bed-Rock of Success
lies In a keen, clear brain, backed
by indomitable will and resistless
energy. Such power comes from the
splendid health that Dr. King's New
Life Pills - impart. They vitalize
every organ and build up brain and
body. J. A. Harmon, Lizemore, W.
Va., writes: "They are the best pills
I ever used." 23c. at F. G. Fricke
& Co.
Freight Wreck at Manley.
The Missouri Pacific local freight
No. 195, northbound, was badly
wrecked 1 mile north of Manley Sat
urday afternoon about' 3 o'clock ow
ing to a burned out bridge. Three
cars of crushed rock, one car of
corn and one car of cement were
completely wrecked and caught fire
and burned up. The engine and
tender were derailed, but remained
upright. Several passengers were In
the caboose, but no one was injured.
The fire was supposed to have
started from a previous train and
burned the dry grass and weeds un
til It reached the bridge. The three
cars of crushed rock went down
through the bridge and ' the. engine
and the- other- two cars were forced
over the bridge by the train back
of them. The rails and track were
torn up for about 200 yards.
Frightful Fate Averted.
"I would, have been a cripple for
life, from a terrible cut on my knee
cap," writes Frank , Disberry, Kelli
her, Minn. "without Bucklen's
Arnica Salve, which soon cured me."
Infallible' for wounds, ' cuts and
bruises," it soon cures Burns." ScaWs.
Old Sores,-Bolla, ' Skin Eruptions.
World's best for Piles. 25c. at F. G.
Fricke & Co.
' Improving Property.
Mrs. ; Frank Busche, Sr.. has re
cently purchased one of the places
known . as the .: . Chaplin . Wright
property, aid is .having 1 the same
thoroughly overhauled and placed in
excellent condition. Mr. Bergrea Is
doing the carpenter work, while John
Brandon Is, doing the plastering.
which is to be throughout. The house
is being painted both Inside and out.
This will make Grandma Busche a
nice home and one very desirable as
well.
for Autumn
ticket agent; he has latest advice
SIM
W. L. PICKIJTT,' Ticket Agent.
L. W. Wakkley, G. P. A., Omaha.