OUR PUBLIC FORUM
VIII.—C. E. Schaff
On Railway Investments
President Wilson, recently referring to our railroad
problems, said in part: “They are indispensable to
our whole economic life and railway securities are at
the very heart of most investments, large and small, public
and private, by individuals and by institutions. » » *
There is no other interest so central to the business wel
fare of the country, as this. No doubt, in the light of the
new day, with its new understandings, the problem of the
railroads will also be met and dealt with in a spirit of
candor and justice."
When the first citizen of the land stresses the import
ance of understanding and dealing justly with the rail
roads, certainly the American Dlowman oa.n vpnturo unr,™
a carQifUl 8tUdy °f problem- C. E. Schaff, president of the M K & T
°Utll“e "‘9 te,*tl0" °' the |,ublic •» ra“:
»-**v*bJs„2
prominenflv innfiLfnW S(>cal,ed ‘ra‘,road magnates’ whose names hav-e figured
of the finance, many people have come to believe that the railroads
of the country are largely owned by a few rich men. As a matter of fact
bimonfdol°lars of I31"1 HCr fr0IVhVruth- 0ut of the colossal sum of twentj
nr i™^ f 4meJican railroad securities, less than five per cent Is now
or ever has been, in the hands of these men who have figured prominently in
two milhofPfrvhetad^lines—while the other 95 per cent is in the hands of over
rnoHoot cofi nvest°rs. large and small, who In many instances have put the
la^of1 a lngs of a llfetime Into these securities in order that thev might
iecnHHoa fa c°mpeten®y for °*d age. When, therefore, the value of these
securities Is depressed or perchance destroyed, the hardship is a hundred
mmionafroJ PP°!i thol*sand9 °f every-day citizens, than upon the handful of
llionalres, good or bad, who have figured prominently in railroad circles
Hundreds of millions of dollars of the assets of our great life and fire
"!^af-Ce companie3. savings banks, trust companies, educational and fiduciarv
institutions are invested in railroad bonds—and the moment, therefore, that
,w!a!°Und?e!S. of *he?e bonds is called into question the financial solidity of
these myriad Institutions—directly affecting the welfare of millions of policy
vain"«fnd ba^ depositors is gravely menaced. During the last several
years, many millions of dollars representing depreciated values, have been
charged .he books of concerns like those enumerated above. American
ranroads have become a vital part of the very woof and fabric of the nation
Their continued efficiency is absolutely essential to the smallest community
in the land.
In blindly striking at the railroads our blows fall not merely upon thou
sands who have committed no wrong, but, In the last analysis, upon ourselves.
We should remember how interdependent we have come to be in this mighty
republic of ours—that each is in truth become more and more his brother’s
keeper, and that we need to act and think circumspectly, last in our mistaken
zeai we destroy those who, like ourselves, need whatever of this world'*
goods the toil and sweat of years has bequeathed to them.”
WASHINGTON TOWNSHIP
Miss Ida Scharnow visited at Loup
City Sunday.
Mrs. Cami). and children visited
at Fagan’s Saturday ev> r-g.
Leonard Camn, v:’fe and Re
visited relatives lia Sr
Don’t f
the IJr . . -
month.
J. D. Err ~ C
> > 1 a s i v> .
cat of cal -
Mrs. August Anderson At. mi.),
visited with her son, Wiiford Ander
son this week.
Mrs. A. C. Hagen left Wednesday
for Phillips, Nebr for a few ds s’
visit with relatives.
Mr. and M -s. G. W. A
Mrs. August Anderson, c;
visited at A1 Fagan s.
Zoe and Leona Fagen, Helen r t
and Leonard Lindahl, v e l -.. 1
the Camp children Sunday.
Charles Jewell initiated his new
house by giving a dance last Satur
(iay night. Everybody present had a
hue time.
Jerry Tondreau. of Mason City, ai;d
Mr. and Mrs. George Bingham.
i'ed at the home of John Tondrean
We diier; day.
W. L. Gran went to Berwyn, last
Wenesday with a ioad of farm in:
•ments. We understand that Wil
aiu'has rented a farm in that local
itv for next season.
Geneva, Ohio.—Menu: Breakfast,
springwater; lueheon, springwater;
dinner, more springwater. That was
the diet which Dr. H. G. Huffman,
oculist, lived on for 47 days. The
doctor’s fast is said to have saved
his life.
Mt. Vernon, Ky.—Rev. Ezra Camp
bell is believed to be the oldest min
ister of the gospel in the United
States. He is the pastor of three
Baptist churches, has been preach
ing for seventy-nine years, and holds
the record in Kentucky as the marry
ing parson.
PRICES FOR PUFFS.
The editor of an Eastern paper has
grown peevish. He has been pestered
so much by people desiring free puffs
that he facetiously refers to himself
as the “Peerless Prince of Puff Pur
veyors.” He thinks he has done
enough for social queens, ministers
who are looking for free advertising,
people who have legislative fads they
wish to push and organizations which
want free publicity. So he has evolved
the following scale of prices for puffs:
For telling the public that a man
is a successful citizen, when every
body knows he is as lazy as a hired
man, $2.70.
Referring to a deceased citizen as
one who is mourned by the entire
community, when he will only be
missed by the poker circle, $10.13.
Referring to one as a hero and a
man of courage and one who will
stand by his honest convictions, when
everybody knows that he is a moral
coward and would sell out for thirty
cents, $6.21.
Referring to some gallivantin’ fe
male as an estimable lady whom it is
a pleasure to meet and know, when
every man in town would sooner see
Satan coming, $8.10.
Calling an ordinary pulpit orator
an eminent divine, 60 cents.
Sending a doughty sinner to
Heaven, $5.
Referring to a deceased merchant
who never advertised in his life as a
progressive citizen, $4.99.
Lambasting the daylights out of the
demon rum at the bequest of the local
prohibition committee, $6.77.
Ditto for the prohibitionists at the
bequest of the local wet committee,
$6.77.
DIDN’T GET THE JOB.
Philadelphia, Pa.—When is an
Irishman not an Irishman and does
he ever become thoroughly American
ized?
That is what First Sergeant John
Fox, United States marine corps, re
tired after thirty years honorable
service with the colors, would like tc
know.
Applying recently for a position as
watchman at one of the large fac
tories supplying ammunition to the
allies, Fox was told that the fact of
his having been born in the Fmerald
Isle over half a century ago barred
dm absolutely from such employ
ment.
Fox's discharges show that he
fought bravely at Guantanamo, Cuba
in 1898, when a handful of United
States marines held in check thous
ands of Spaniards there, and estab
lished a naval base at that point, bu
his thirty years of excellent service
with Uncle Sam's sea-soldiers counted
for naught with the munition makers.
“Once an Irishman always an Irish
man and we can't be too careful in
the selection of our guards,” Fox was
told.
Fox, who says he is intensely
American and absolutely neutral, can
not get their viewpoint, but isn’t
worrying much, for Uncle Sam pays
him $70 a month retired pay.
WANTEJ.
Man with car tr rig in Sherman
county to handle best selling article
on market. Steady employment tc
right man. Commission or salary.
Address Box 244, Central City, Nebr.
* -
OMAHA LIVE STOCK MARKET.
Union Stock Yards, South Omaha,
Neb., Dec. 14.—Cattle receipts yester
day totaled around 7.000 head. The
corn fed cattle market was fully
steady with the close of last week.
There was also a good demand for
range beeves and packers paid fully
6teadv to a little stronger prices for
this grade of cattle. Cows and heifers
were in active demand, while pr’ces
in the main were a big 10c higher
than last week's close. Stock cattle!
and feeding steers changed hands j
readily at prices generally all of a
dime higher.
Cattle quotations: Choice to prime
yearlings, $9.00@10.00; good to choice
beeves, $7.70@8.70; fair to good, $7.00
j @7.50; common to fair beeves. Id.00
@6.75; good to choice yearlings. $8 00
@8.50; fair to good yearlings. $7.0U@
7.75; common to fair yearlings. $6.00
@7.00; good to choice grass neifers
$5.50@6.50; goo* to choice grass
cows, $5.25@6.25; fair to good cows,
$4.65@5.15; cannera and cutters. $3.50
@4.50; veal calves, $6.50@9.50; bulls,;
stags, etc., |3.7a@6.25; good to choice;
feeders, $6.75@7.25; fair to good feed ‘
ers, $6.25@6.75; common to fair feed
ers. $5.25@6.15; good to choice Stock
ers, $6.75@7.25' fair to good Stockers,
$*>.00© 6.50; co.nmon to fair Stockers
$5 00@6.00; stock heifers, $5.25@6.25;
stock cows, $4,50@5..">0; stock calves
$6 00® 7.50; good to choice grass stee s
$6 80@7.60; fair to good grass steers.
$6.25@6.75; common to fair steers,
$5.25@6.25.
Some 8.700 hog3 arrived yesterday.
Good weighty bogs were just about
steady, while the mixed and light
hogs looked about 5® 10c lower than
the close ot last week. Bulk of all the
sales leaded at $6.15@6.30, while tops
reached $6.35, just a nickel below
Saturday’s high price.
Sheep and lamb receipts totaled
10.300 head. Fat lain 1)8 were in good !
request and sold readily at p?!«*s tha*
were generally 10@f5c higher tha>'
Thursday. A top of $9.00 was made
and the bulk so: 1 upwards from $8.75.
Muttons were in i. ;r supply and
ewes showed about the same gain as
was quoted on lambs that is. 10@15c.
Good ewes set a new top of $0.10.
Feeding lambs found a good outlet at
figures that were a dime or more
above quotations last Friday.
Quotations on sheep and lambs:
Lambs, good to choice, $8.75(59.00;
lambs, fair to good, $S.60@8 75;
lambs, feeders. .*7 0' S.40; yearlings,
fair to choice 23 ' 7.15; yearlings,
feeders, $5.75(5 ?5; ' ethers, fair to
choice. $5.75@6 25; ewes good to
choice. $5.75 5 6 » es. fair to good.
$3 00@5.75: ewe f ■ ers, $4 00S5.0
: FOR SALE. ;
: Owing to ill health I am com- :
: pelted to offer for sale my milli- : I
: nery business and two good resi- : .
: dence lots. This property will be :
: disposed of at a bargain price if :
: taken soon. For particulars call :
: on or address. : j
: MRS. R. H. PRICHARD, : |
: Loup City, Nebraska. :
Andrew Carnegie has given away
$350,000,000 and is rapidly approach
ing the poverty stage. He has but
$60,000,000 left.
SANITATION IN DAIRY HOUSE
Extreme Care and Cleanliness Should
Be Observed to Prevent Entrance
of Bacteria Into Milk.
Unless considerable care is taken
large numbers of bacteria may find
their way into the milk during the
process of milking. Cows should be
milked in clean, well-lighted stables.
After grooming and before milking,
the udders, flanks, and bellies of the
cows should be carefully wiped with
a damp cloth to remove any dust or
locse hairs which might fall into the
milk pail. Only those persons who
are free from communicable disease
should be allowed to handle milk or
even enter the stable or dairy house.
After the cows are prepared for
milking each milker should thorough
ly wash his hands and put on a pair
of clean overalls and a jumper or
Open and Small-Top Pails.
wear a suit which is used for no oth- !
er purpose. The suit must be kept
clean and occasionally sterilized with
steam or by boiiing in water. The
milking stool must also be clean, to
avoid soiling the milker's hands.
The small-top milk pail is a neces
sity in the production of clean milk,
as it presents only a small opening
into which dust and dirt may fall from
the air or from the cow's body. It has
been found by experience that the
use of this kind of pail greatly re
duces the number of bacteria in milk
from average dairies. Many types of
milk pails are for sale, but any tin
ner can convert an ordinary paii into
a small-top pail by the addittion of
a hood.
Flavor of Milk Affected.
The odor and flavor of milk are very
readily affected by rape, cabbage, tur
nips, and other feeds having strong
odors, and if these are used they
should be given after milking, in
which case there is little danger of
imparting an unpleasant flavor or
odor to the mi’k.
| OUR PUBLIC FORUM
IV.—F. A. Vanderlip
On The Business of Banking
The farmers of this nation to come into their own
must study business. We must, as a class, understand
the fundamental principles that underlie every industry,
its functions to society and its relation to agriculture, for
there can be no intelligent co-operation without under-*
standing. Mr. F. A. Vanderlip, president of the National
City Bank of New York, when asked, “What is a bank .”
said in part:
“The first and most familiar function of a bank is
that of gathering up the idle money of a community,
small sums and large, and thus forming a pool or reser
voir upon which responsible persons may draw as they
nave temporary use for money. It is evident that this makes large sums in the
aggregate available for the employment of labor and the development of the
community But much more is accomplished than the use of the money
actually deposited in the banks, for by the use of drafts, checks and bank
notes the efficiency of money is multiplied several times over. A very large
business, for example one of the great beef packers, may use very little
c ual money; on one side of its bank account will be entered the checks
and drafts it is daily receiving from everywhere in payment for meats,
while on the other side will be entered the checks it draws in payment for
cattle, etc., its only use of money being for small payments, to labor and
otherwise.
If there were but one bank in a community and everybody paid all
bills by drawing checks on that bank, and everyone receiving a check imme
diately deposited it in the bank, the amount of money in the bank evidently
would not change at all and the entire business of the community would be
settled on the books of the bank. And the situation is but slightly changed
when there are several banks, for they daily exchange among themselves all
the checks they receive on each other, which practically offset themselves,
; although the small balances are paid in cash. This is called ‘clearing’ and
in every large city there is a ‘Clearing House’ where representatives of the
j banks meet daily to settle their accounts with each other.
A bank is constantly receiving from its customers, particularly those that
I are shipping products to other localities, drafts and checks drawn on banks
I In other cities, which it usually sends for deposit to a few correspondent
banks in the central cities with which it maintains permanent accounts. In
this way these scattered credits are consolidated and the bank draws upon
these accounts in supplying customers with the means of making payments
away from home. As each local community sells and buys about the same
amount abroad in the course of a year, these payments largely offset ea^h
other. It is evident that the banks are very intimately related to the trade
and industry of a country. The banker is a dealer in credit much more than
a dealer in money, and of course his own credit must be above question. He
exchanges his credit for the credits acquired by the customers, and lends
credit for their accommodation, but he must conduct the business with surh
Judgment that he can always meet his own obligations with cash on demand.
i This is the essential thing about bank credit, that it shall always be the
! same as cash.”
WINTERING IDLE HORSES.
At this time of the year practical’
all the heavy work on nms* farms ha
• on finished, and —i‘h the as
s' winter Its res a’ e more or ! • . .
ince idle it ea e no re
i-i or ycTormed, the’ feed:,-. should
«
are sho lid he taken Of - Ilia
,: - ■ . i -
Horses should not be confined to the
dm during the vhuer 0'i a iilu’-.i!
;.;l ly (.|i L.rilin< u is far belter to
. ugh” them llircir h lie cold
nuiiphs. They should be given the j
.-nr of tiie yard or lot diiiing the day.
rids should be provided with a pro- J
tot led siied, one that is thoroughly j
dry and well provided with bedding.
V. hile natuie does her part and pro
t.OCIS t ii<2 horse \V . il £1 \ COflt Ol
hair d', ;* j the cohl* months, the shed
is necessary in order, to afford the
i:: lyrjr. shelter and protect'.. >n
Winter winds coma mostly from the
i. .rth and northwest, and the r: ’
. no,.ld be so situated and constrtn ’■■■5
; - u) give the proper prutec.Ion i'.o.n
this quarter.
hi the fe.ding of idle horse the high
priced feed., -hould be avoided in <>r
1 -y > keep . cm in proper eondiP; i
' o ' west cost. It has been found
‘ha; idle horses do very well on a
• k.iev netl sisting of all the :,,.v
o ■ -talks, or sorgho:, :
v. ho that little grain
■■■st'. yoss also permits
of a more thorov.;h mastication of the
u. thus insuring i oper digestion.
From six to eight weeks before the
s; rlic:; work l started the horses
niter.bl be out at Tight work ami
t ration In or
. p.i ’ e jay be in proper ct n
dl lor' "■ 3 work required of them.
Growing colts require considerable
protein. They should be so fed as to
secure proper development and at a
minimum cost. Rough feed, such as
clean mixed hay, alfalfa, or clover,
may be fed along with a mixture of
bran, oats and corn.
FOR RENT.
We have for rent a nearly new four
room house with electric lights and
city water. Can give possession any
time.—FIRST TRUST CO.
Horse blankets at very low prices
at James Bartunek’s.
The Loup City Mill and
Light Company
invite you to try their
White Satin and Pansy Flour
WE ALSO CARRY A FULL LINE OF
ALL KINDS OF FEED
TWO HUNDRED SATISFIED WHOLESALE CUSTOMERS
We have a line of elevators in connection with the
mill which gives us an opportunity to select
only the vry best milling wheat.
If you try White Satin or Pansy
Flour you will be satisfied
Every Sack Guaranteed
We wire housese for electric lights. We will make you a cut in prices
if your wire your house during the Holiday season.
We pay the highest prices possible for all kinds of wheat.
Your trade solicited.
Loup City Mill and Light Company
Christmas
Gifts for
Men
Below we mention a num
ber of serviceable gifts that
are certain to be appreci
ated by the men:
Smoking Jackets
Bath Robes
Golf Coats
Traveling Bags
Sweaters
Fur Caps
Suspenders
Neckties
Slippers
Fancy Sox
Shopping For Men Easy
at This Store
Gus Lorentz
Clothier and Furnisher
The Store of Quality Goods
You Business Men
A becoming presence is essential in the present day
scheme of things. Those around you, judge you largely
by the impression you create. Your every request, your
every command finds a response the more quickly if you
look the part. You are cordially invited to visit head
quarters for
Schoenbrun ais% Tailoring
Say “Shayne-Brun"
You are sure to find here the most advanced in tailor
ing, courteous treatment and complete clothes satisfaction.
There's no other way of dressing so effectively•
Make your selection today and be measured*