"1 THE NEBRASKA INDEPENDENT. Dec. 8, 189s 1 Secretary Gage Exhibits Uncle Sam's Balance Sheet SHOWS $38,047,247 DEFICIT, Renew lilt Itaaomiuflmtatlon fur a lUnk ffut Currency Hyiitam- Favor Iloun tins for th Merchant Mrlns Amer icas Money tor Porto Moo, Wasjiinotox, Doo. 7. The report of the sooretary of tlia troiutury to the speaker of tho house of representa tives was made publio to-day. In the report Secretary Oago says: The revenues of tho government from all sources for tho lixeal year ended Juno 30, 1s',l, were: RHUilPTrJ AND HXPENDITUaKfJ. From IntTiml revenue..,,,, fl7O,M),Al.40 From urollta oil column) L111III00 r 1 ocihmIis, lo 4,7MUOtf.7t frmii itMtrJc:t of Columbia i,im,'s'.,Vi I'nmi ftiim-iviitiiUlur. letter put- entsml limit ,, ,!lw,7ftO,54 From tux oil iiutlumil ImiiUs J.W.i.HW.iM From sales of iniollo linnU ,'Ui,,v.U l''roin navy tiuuittouii ami nuvr him- plmlfiiiiil , Ulfl.WiMl From inli'"lliiri(Mim. ,,, t,(MI,&bt.V4 k 1 mi noting iuiiu ir rucino rail ways..,., , ,,,, Froin sulc of Inillim hvtvU From iminUmiw, turn, tinea, pmial- lie, eui, , ,, ., Fniiii payment of interest by l'u oliln railways , From iiniriltmtiit fund ,,,, From miliw of suusrmnont prim- erty From nVpuslts of nurv'iylnx pulillo lands ,,, , , From Mulillcrs' homo, permanent funij.,,,. ,, , 7HI,ll.flJ Oi0,l)H7.4l WfJ,4B7.M II3.0IIU K7,fllJ.I8 l'',WI.H7 VW.V7i4.tf. Ij 1,(1 Id till rroui (iimuiliinw rm fiitlim of lunils nud liulldlmn, From sale of oriliism-o material. , Frooi reliiilMimemeiit for mmt of wator supply, Dim, of (MimiMa. From di'MimlK loiiKoiiimlillu Intuit From sale of Kansas I'uviila rail road , Front milo of Union Puulila rail- roail From postal Hirvloa.,, , ,,,, S',4I,.,.7J VV.Ul ,tll.9 Total rocelpts.,... , . .l)4,a.MI,yM.7 ina cxpenmturc for tho same period were! ForthealvllMtaMlahmniit, Inelinl IriK fornlua Inlercotirsn, pulillo tiulldhiirs, eollinlltitf tlui revs lilies, MNtrlct of Columhln. 11 ml 0tiHriiilNrllHiimriiN(iHtnM , ,. M.010,401.76 .-.I i.ii iniiiLury uMt.iO'llNnilie.111,, 10- eluding- rivers mid uarlNirs, foru, srwonals, mm tiuast dermises, mill expanses of Mis upanlNh war..,, 9I.OP1000.S9 For the ouviil enUl.ilHlimniii, In- ciiiiiiiiKcoiihi.ruciion or now vnn. wtlx. iiiwhlimry, iirmmiuint, iilirntiit, linprovoiiiKnlnt. imvy yurdit, and eiputiHU uf Ilia buna- INS , W'ir ,...,. f., ;3,08 . W r r jiiiiiiHi x rvire. ,,,, ,,,,,,,,,,,, III Wl.fl )7.7i For pmiMioin w,it,i;Mi.M For fiitoront on tlm pulilla dclit, , , IW.- mui .n.'H f or amiuit y m ponul rcveiiuo.. I i,mh,4u 42 t or ponul wirvlw).. ,, , ,, mi,uii;,oiH.u Total ip!!i1lLuri .3 J, HHl.;'jl.3ft Showlntf b dllilt of I !H,0I7,2I7.H n compitrou witii tun nncitf yfnt w, tlia ro- wiliw lur imMi iiicrouwid ,vw,mM FOR A MliliCHANT MAUINI3, In dlHCUuslnir tho question of in in)( 1,11a Ainorican inercimnt tna rlno tho aocretary nay: War with Spain and tho annexation of the Ha waliiin arclilpolajfo, whluh have chanifed the political and cotnrnerolal relation of the United Ntates not only with Cuha, J'orto Itloo, Hawaii and the rhlllpplnoo, but aUo with tho con tlnenta between which and North America those island are stepping tones, require the prompt adoption of an affirmative maritime policy by nie united Htatea. It Is not to be expected that tho gov eminent of Hpaln will long continue its support of tho mall steanmhlp lines whiuu have connected Its lout posncs ions with the rout of the world. Whether, then, the military occuna tlon of forinur HpnnUh poitiieslons by the United (states shall luiul to tliolr - lnduptndiiK'e or to their control by this country ultimately, at present it is clear that American veonuls must be established in part in the carrying traue or tlio islands or we must allow Great Hrltaln, France snd (Jermnny to nu entirely tna plnus a a carrier which Spain Is about to vacate. Great ISrlUlu, Oermany and France have consistently pursued for years the policy of contributing liberally from tho publio funds to establish steamship lines as a political measure, regarding such lines as national neces. si tics rather than as commercial In nut . . vestments. Jius country l now so placed that the same motive must nt leant be fully considered In dividing upon our course of action. Kveu if the motive were absent, tho fuel of government aid to the foreign lines of steamnhlps with which American ve e!.inut eompele cannot be Ignored. The rVerelsry reetimuiends: The tblisluuent of a system of graded Nullities immi the mlltis tmy. igated liy registered American vesel while engsged In the foreign carrying trado as eiimpensstlon fur the training of seameii avsllabie for the national defease. The reslrtutUm of the trade between the United HtsU. lirto Uieo and lis wail and the euatllng trade of thoe Islands to visof Amerlean registry, IVKTti UICAN MONKY TO ih The suljeet of nnmey In JVrta Uh I disuMrd at length The tWrtar saysi Therslsliag varreney f that Island euHtUi of s.lver istin knuwn as u and eMtu, The ia Is ot the weight and ttuvitt tt( the rtnUti r'lrve uf tl tsk and vrreoad a Uth rtts ta the n ftsae is vf the muUiu. IuVmiUo viue, 4HMMrd l the bulil.. sslee f the AtMrlcsn d.IUf, IsasVll t ta iK Tho eaUa Is lHh m wesoi, a4 the mailer s4us oumsUi f pts f twsatr eittat aa4 futy eealavoe, tawM Mag the eist MUrtt lit weight tad lea of tae eesetUta tUeee f mo a4 mU4 and the veae wm t wee atu w traae The iVriki Uw ul War me Ise4 telatUM M m Meg er"her re4eeiwle lit the yeiWw ewlM, They er latrtJ4 law the Utsed y lMstB la l aa4 V fre4 kaag weie uttilttt4 fr Mesteaw ewtaa, Wivh had previously eustUite4 th ttale MMe se4iNs. The Veet esttatsU whtslasel la the f mm volume of thia silver money now circu lating in Porto Rico at tH million pesos. The oscilatlon in value as re lated to gold coin has been constant, rising and fulling, as directed by the state of exchanges between Porto Rico and its foreign markets. It is urinec- emtury here to point out at any len (rth the general evil results upon, induhtry and commerce of a currency medium o out of harmony with the world'i money as to induce a widely flnctuat ingrateof exchange. It is therefore suggested that at the proper time, action he taken by Con gres to assimilate the currency Porto Rico to that of the Unlte Mates, so far uud so rapidly as thl can be done without unduly disturb ing existing conditions and eontrao rolatlojs in Porto Rico. This, It 1 believed, cin be accomplished by malting customs dues in the island payable in American money, yet re celving the silver pesos and ccntavo at a ilxod relation to the dollar, The limited amount of Porto Ricuu money would thus find an important avenue where a uniform value on tho basis arranged would be realized. This avenue would probably be broad enough to give tho assurance needed to keep the peso and its minor sub divisions current through the island at tho custom house valuation. If any doubt should arise as to tho sufficiency of such a provision, it could be made the duty of tho secretary of tlio treus ury to give American coin in direct exchange for tlia Porto Rlean coin at the custom houtj ratio whenever in his opinion It should be necessary so to do in order to maintain the ratio established, HIS PMSA FOR HANK NOTKS. Tho subject of currency and banking Is treated at length. The Hocrctary ay! Jo submitting my report, I fuel It my duty to Impress upon Congress as best I may, the important subject or currency and banking reform, jfti the misfortuuu of evil con ill t?)ii to produce derangement and hinder progress, which, if long con tinned, so accustom the subject of them to their existence as to create in him apathetic indilfurence to needful and healthful reforms, Making pro gress in spite of all obstuclcs and em barrassments to commerce und Indus try, we uscrlbe the advancement to the causrfs which have really hampered and disconcerted the forward and up ward movement, With a financial system condemned by tho Judgment of the most expe rienced and wise, loth at homo and abroad, its evils Illustrated in daily business and emphnslzud in recurring panics, wo fail, with on obtuse timid ity, to face tho questions which must be met and rightly solved before In dustry and commerce can be estab lished upon enduring conditions of security. llio argument atralnst irovernment issues of paper money as a medium for commercial exchanges have been fully made and need not be repeated in de tail, Its rigidity, Its failure to meet demands where demand is most urgent, the dependency of the whole industrial structure upon the state of the revenue and publio expenditure these are im portant links in that chain of argu ment Tho menace to our domestic affairs, several times recurring from a threatened change In the standard under which they are carried on, and our foreign trade settled, has been a companion evil perhaps tho greater of the two. The cure for these evils is not diffi cult to find. It llei within tho easy range of congressional action. Nor Is the remedy one to Inflict even tem porary pains or penalties on tlio body politic. The healthful, stimulating effect of right action in those direc tions would be experienced with the first son so of assurance that the de sired end was to be accomplished. The proposal to suh.tltute bank Is sues for government notes is opposed with many honest prejudices and as sailed by bitter denunciations. The llrst arise from a failure to comnre ie nu 1 ue irue philosophy or a paper currency, and must be patiently can aidcrcd. The latter obtcure the ques tlon by reckless statements, charging that all propositions for currency re form are bank conspiracies to exploit he people, deferring to such pit srnals, an eminent speaker recently warned his uulnstructod hearers; These bank will become cormorants to eat up your suhUnce, control your politics and warn the political View of all the communities, Send a tnsu to Congress to help defeat thl great evil." Such tirades against resson, and such appeals to prejudice and Ig norance, the statesman uiut opihwe y simple truth. I a system of hank credit currency la It ability to meet the varying wants of an tuduslrlous, commercial people, superior t-i the Is s of government psper money? If that quiiitlott be anter4 aMruiallv r, It may I fiy left to time to show that the nsture of the banker liters nt at all frm the general Us ui wf mi. tt In all other caUla,;, The itioMrrt for his act tons are the Mine. It 1 not for the IwnvAt of the banker or any prtleulr els, that the plea Vr rurreacy rvfov m it urged) It Is r4 wt Wha'.f of the hole people, whi will be the reelpUet wf the Wa nt thvrol Aa4 It t thl grva4 nsly that that the rUi.a Is etttit!e4 U eoMtderetlou. In tn Ut rvport I tettur4 ( pestfte iMMmadtita The tee MMiaJaUu, If adopted aa4 frsss). Ile4 IM law, wwU la tuy opialua, be curative f the evil fcrel t tlat4 . la IIms4 till l a4 lost! are mKled ri4 f saeaivirea l fjoMM reapeU isxire sritrtta The lueaaerea thereia propM4 art tae re- att i careful sladj hy etpert aa4 - perleaeea Vwit With msm mvhIiAm. toaa, tU rs4MMahl fruit uf full 41 umUms, lhy uul4, t W.lsve, iu theewuutry a ued. I ewuMiu4 the ti Mttuthe early aa4 are set at tlt uf tvsgrets, XHI CHRISTMAS Every department in the store is resplendent with best assortments of useful and ornamental Holiday Wares, gathered from all parts of the universe and collected here for the approval of the Nebraska public. Every line of merchandise car ried by a well regulated department store finds room here, and through a wonderful purchasing power we are enabled to offer values that never fail to appeal to economically inclined people. IN It is our determination to thoroughly clear this department before Xmas,and in quoting prices completely ignored former price and profit. In many cases the sacrifice is great, but we must purcnasers are uic gamers. .11 Keri-cy J.ickdts In brown, blue nod black, tailor fnndo all strop snums In con trasting colors, regular prlcfdJU AA f 10,00 to close, I'ucli iplliUv llnck calerplllur wcavw boueln Jnckefs oriKiiiul price f 0.00 (fQ HZ to close ipOif U Covert jackets In medium tun, 0 largo i ncy but tons, regu lar juice f7,r0 to closo 4.50 flO Inch nstrakhiiu, nnpes, tliibi't trlMimiiig, regular price f&,00fli Q AH to close, cncli, VUill 10 Inch crush plush capes, thit)t til m mi 11 ir, rcgnlar (JJI7 CA t!) 00 und flO.OI) values n f.-Nrl UU Our Toys and Dolls are of our WE ARE SOLE LINCOLN TERICK'S PATTERNS AND PUBLICATIONS. Bring this Advertisement with you, or if IX) AN AND WAR TANKS. Secretary, (Inge, in discusslntr tht popular eOO.two.ooo loan, paints out that It was made at a sacrifice of the 15,000,000 bonus that might' have boon secured had it been sub mitted to competitive bidding. Allotments were mndo to about 326,000. At this time tho hold ing of 110,000 subscribers, amounting 4 a St qui - i , . .. v M,iroi,wra, nave passeu into the ownership of 1,001 persons, flrms and corporations. The issue of tho loan vunv 9.,n,v,w.vn, m which 803,000 wa ..... 4 At. m rt.. m m .1 1 1 ... for express charges. Of the war taxes tho secretary savs! The estimate of the commissioner of nternal revenue of SlOd.OOO.Ooo from this source seems to lm fniriw ustinen oy the results to the . . .. j treasury durlntr the oerlod from July 1 to tho present time. Ilia report goes also to show the friction and embarrtthinent which have arixen from the need of Interprrtatlnir ob acuritle in tho set Itself and the ap plication of such interpretation to specific cases coming under the samo general head, yet diirerentiated from each other by more or less Important particulars. Many complaints have arisen from those unreconciled to such Interpretations or applications, and. grauioa well bslatuvd relation be tween revenue ami espenditure, It might lie we.l to consider the pro priety or repealing soma of tit more vexaliuu features of the act. Lntll mure settled conditions, however, as to the extraordinary ex. pvu.niure ior mo army and 4vy sre resulted, even such repeal cannot be rtHHituiuvndod by this d. psrtnient. Mome verbtl amend inents, Risking more elar the Intention of tou.. are to be de- slrvd, and rvpresenUtlou In this dl- revtloti may be utsde the sublet uf a separate fomtuuuloattott to tougre at att early tUy, kilts t MMor MImh4 Mt saooat. 1. T, Ue, T At Ws. oner. In the l ultrd Msu rourt, Jute Fprtngvr MnuitM ribs t htldera, treaurrtt the trtth utUo, to two vvara lit the pcaUvuliary and fl.4 Mat lo,0nt,ta Ve psl4 Uck tola t reek asllwu, Hurr foa and Jsm.a l-aga alM got ttara. The twt ease agstust UiUou vteru traasfrr4 ta alMhogre, whlie the eatifa agalast tinre Dtidhsm wevu de wls.l All thse pM were IwpIU ele4 la the frswdalvut ttevk warraat flA fursse INmi U t V44h, T Feat Win m, Teaa. Iw ? -The farutera' KtUaal euugveM Wau tie aeawtd mUmi her t-dr with several uadr4 delef ateu sweseuV After th a44rsa f wulewssu Vy UeveruM iU Wrv aav4 wthera, the prvwldeat ! the rvsitfr. ei tlavernue tloar4 ui VvlMyMwlev 4sltvre4 hit auaaei asV tra THE CLOAK AND . . $ j. j, j, 18 Inch cnisli tilmli capes, t hi hot trlnirnlng, uucli.,,,,.., ..$1.87 80 Incli plush caries, very rst silk sfal Halts plash, heaviest satin lining, fine Martin (ur edge on collar and down front, regular prlw fj; f e ft A taO.00, to close, each J 1 j,U U Ocnulfie Astrakhan fur jack ets, well ma tched, formerdJO A A A price 145.00; to close tpji.UU Our en tire lino of fi n lien rlef In, nil colors, 1 10.00 and fjtfj Qri 912.00 grades, to close, cucliipUt I Ilrlllinnflno waists, hmiutlfullytf A TJ C tucked, all lined, each $U, 1 0 own direct importation, purchased direct from the European man's profit, which means a wonderful saving to our customers. AGENTS FOR BUT- Um Whlsl Yes. Prcwiiliiiif WcKUA.w tr.n Omaha. He went in hi own private cur I mrulHhud by tho Pennsylvania rail road. According to the dinputcbos, "the company imuud a IiuikIhoiiio itinerary bearing tiio president'! cout of arm and including n lurge 111 np showing tho route of the party going und coming." tio our president sports a coat of arms) Ho Kuglish, you know I Next thiug we kuow he'll be wearing a crowu nmdo of "McKluley tin" no doubt. Uue whiul Ain't wo puttin on air? GokIi duru our fool souls I Head us off. somebody, before wo git to the bresul Kuiihuu Agitator. A l''la'nl Auenpy, The Uuitml state government is bn lug used us a fiscul agency to supply a sale lnvcKtmuiit for tho millions of dol Jura extorted nud to bo extorted from (oil by usury nud unbridled greed. The possessors of this wealth liuve su over- reached themselves in their grasping for gain that ordinary investment are 110 longer safe uud it Is now determined that the United Mtatcs turn rent ool lector, interest earner, dividend maker nud, under the forms of government nud by means of thu taxing power, furuMi It wealthier t ltueu uu iucomu from the sweat aud toil of her poorer, but pr.do..iive ilasmts. Pueblo (Uolo,) He form Prvss, FIERCE FIGHT IN THE OZARKS, rtiur Mil l.r M a-l tVusHl a I UHt lll. rirnisurin i, Mo,, Nov. xi. Vtcr day morning a bloo-ly battle invurrW on Hull vrvek, In the aouthrrit part ul thrUtlan ixiunty, tlftven mile south of CirU, which rn!tc.l In the In slant d.'iti uf tir,.a hum, and the ttuundintr f a fourth. Move lUllyeaii and llul Mesdows, neighboring fartnr, lu l a prlner hip fence aUoii wUUdi liter had qn r re4 for some Hunt, each wue ilsluiUi j the rUht ko Mve it. lillitvau and Meadow met at the fvnee, a iiuarrel folluuetl, thru the dupute eud4 lu temporary wmv After whde le lUllyvsu, , and a eu tu-law viHie up ihr were arm4 with thtilguu. MvshIou h4 pM'te4 trouble sa t brxutil hi Wlneheslsf tide alosg Ihe i)Hrret w re awd. snd the youug Ibllyeau epeu4 Ire tm M.to with their hwltfea. Msaduiw retuiae! the Are hi WluhUr a4 hil'e! kleve Hillytvau aud til t , tHla au4 Cuter, Tatr, the sou lu law, wa tSt tuileav. lie wa Wouhl ti tv.rh u4 ktv! emu Wul tut uut uf kit Iklfh, Makiw eueew4 uitkuut W la aarttM far a U kuxian, TW Uiiraiattt I fmt l,M, MERCHANDISING SUIT DEPARTMENT. lirllllantliis waists, tuckwl and $3.75 kiillo pluited, Mil liurid, each., Hamplci dtiils in box or tight fitting jack etx, fo close at. Umn than wholesale prices, or u (H fl C AA suit for )19,UU Children's eldcrdotvn cloaks, gray, oiuh ami rcn, iitigora trlm- fning, sixos 1 to f) years, $1.47 I i.w vuiues at... Children fl.fiO nidcrdown t cloaks, heavy linliiir, nngora trimming, each,,, ,..,., 97C Chlldrcns Malt on cloth Juket all colors, cup" collar, ker-dj A OA scy trim 111 lug, '1.75 Vuluos,ipit) a OUR NEW CATALOGUE MAILED FREE TO OUT OF TOWN CUSTOMERS WRITE FOR IT. you order by mail MENTION THIS PAPER LINCOLN, NEBRASKA. O000000000000000000000 V mn PUUAI llr nrnnun rrnin . . i j-nciinuLiii 0 octunu nmu oiuht, f:iO 1 Htroot, ZVorfh of loMtoflloo Largest tock of New and 8econd ture, Tinware, Quoensware, Cutth-ry, prices. Has light room In which O tioual floor space recently added. w 9 you want one of our Three Set": QHAW America's Greatest Piano, the Oil A f ? greatest in the world. 9PH A FFFR .Venr fine, rood tone qua OLilIArrCn Jity,WijdcasedeSins. SHILLER Sold on easy terms at cash prices ty the MATTHEWS PIANO 00000000000000000000 HU.KHVrMKult THE llol.llYM vn MiHitut'ttt iwi int. Oa IWmUr lit, lid, n and Jaau- arv 1st ual S I. the .11 Mxiuri rueine uiii s! la ki l ail (Milsls within 'Joo Uih at 4a tare hr Ihe row ad trlpulih a HilsimaiM id fill rats, cmh usiil J sail" ary4thauu. lKa't lrgt that la lea truiee suck uuy twleeeu l.iaeola, a ansae Illy aul lalerwediate imtate rws ry dar lu the )ar. r'arlkor iNhirmaiKia at ally lkil utile. lU-lW tldreet, ' sls a. ii . , 1 1. I OSSil I., as4 T. A. Tl UK la MONEY, vY ae tea are lrahsg. dee tuashler- aluM ehuutd ke aivea ti Ihe aaswaat ol ik eil la ssaklsf r hers. I ke I atxa rarle M Ike Iwut Itae au4 aaia Ike tasteet tst k) aaaef knar tui(l I ale niy, l ertiaad asd tJi Mai iHiista. fur (uue labUie, Mdsra, Uleairate4 keuk, puajfklela. uWriptife al tke terrttwry truttrvMi, tail ua tt ft. at. ... b tlea, Agai, to accomplish this end we have accomplish our purpose. The Children's fS.OO jackets uf , clouks uud $3.97 Closing out the entire line of fur collarettes, muffs, chil dren sets etc, Price and profit given no consideration. New silk and satin waists in the newest styles and color ings. makers, thus saving the middle . a j.. 1 Hand Btovoa and Ranges and Furnl- A Trunks, and Toleores, at lowest X to show imnds. with 1.000 feet nihil. V TELEPIIOXB 7J18. A IF YOU WISH To purchase a piano and wish to get the best val ue for your monev A good Piano at a price that will come within your reach CO., TOVJIV IP U'l' Alii: (J ol Ml tothel'At lUC (Otrtr Hoa'l rouiplrle arraugsmeaia ttatil you ksvssMuriHl Informatiuu Mrsrdmg tht irui.slty eouduvteil fiurioe toHuu r'rastino, rft Austvlf end Portias I Via the I sloa I'aellKv These rearloaa leave ( liirudo, Miasamlis aud M. I'sul vry Ttir.Ur, an I ttiMukatvsr lib dar lu iiUBlly epkoli4 ullwua Tourist HiMriwrs. illuwiaaled If i'lakk Hakl. koulvUky eleusji. ucaalw is Ikraugk Imiui starting ixout lu dwliaa lioa, I'muipt a4 saiUlaeiury ten mm. Maay kuire oU r time tkaa aay wlker Use. For lull parlieelere tall oa or addrut In H. Kl iMteoa, hu. geek WIHI1 tOUIMI ad k , vsivs vximv III sell tu.Mi.aiiehaeal t tHtKAtl.Y ltl.ll t l.ttM4lja. I ur Htea nf aaK llwli sad osU kirk iwlslewilll-tttld, ai.pli a 04 Utimlvftltiujilthaaitk,1 J ' 9 kL H. Mloesoa, . Af K