The commoner. (Lincoln, Neb.) 1901-1923, July 13, 1906, Page 12, Image 12

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    The Commoner.
VOLUME G, NUMBER 2
12
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Sheriffs acting undor tho Instruc
tions from tho Indianapolis city au
thorities, raidod the gambling houses
at French Lick and West Baden
Springs. The hotel at Frenck Lick
is owned by Thomas Taggart, the
chairman of tho democratic national
committee. As a result of the raid,
tho New York World demanded Tag
gart'a resignation. Taggart replies
that he had no connection whatever
with the gambling house; that it was
operated by one to whom he had
leosod the building, in spite of a pro
vision in the leaso prohibiting gamb
ling and that he had already brought
suit to oust gamblers.
Go.vernor Hanly of Indiana says
that Thomas Taggart's denial of his
responsibility for the-gambling insti
tution in connection with his hotel is
not to be depended upon. The gov
ernor says that the suits brought by
Mr. Taggart to oust the gamblers
were in the nature of farces.
Tho North Carolina democratic
Btate convention met at Greensboro.
The only state officer to be nomi
nated was state corporation commis
sioner. Frank M. Neal was renom
inated. Former Governor Charles B.
Aycock of North Carolina was en
dorsed for the vice presidential nomi
nation in 1908. Complimentary ref
erence was made to Mr. Bryan.
in denominations of $20, $100 and $1,
000 in coupons and $20, $100, $l,000l
and $10,000 registered.
In Now York, Philadelphia, Balti
more, Indianapolis and other cities,
authorities, stirred by the results in
Toledo, Ohio, are preparing to proceed
against tho ice trust.
Insurance policies in the Equitable
Life aggregating $118,650, were held
by 'three victims of the Salisbury,
England, railroad wreck.
E. C. Bradley, vice president of the
Postal Telegraph company, has resigned.
Governor Cummins of Iowa has de
clined the proposition made by his
opponent, George D. Perkins, to 'sub
mit the state convention contest to
the republican national committee.
An effort 1b being made to induce
the president to pardon Frank G.
BIgelow, the Milwaukee banker now
serving time in the federal prison at
Leavenworth.
Information was filed in the probate
court at Findlay, Ohio, against the
Standard Oil company and John D.
Rockefeller, charging them with vio
lating the anti-trust law. In the
event of conviction Rockefeller could
be imprisoned for a period of six
months or a year in the work house,
and the fine from $50 to $1,000, or
both. Rockefeller's attorneys ques
tion the jurisdiction of the probate
court.
While it is reported that George
W. Perkins has resigned his connec
tion with the New York Life Insurance
company, the National Policy Holders
committee claims that Perkins and. J.
Pierpont Morgan yet control the com
pany's affairs.
The Kansas populists have nomi
nated a state ticket with Horace A.
Keofer candidate for governor.
The Chicago city council has. .sus
tained Mayor Dunne's removal of
Fire Chief Campion, although hold
ing Campion innocent of tho charges
made against him.
The grand" jury at Cleveland, Ohio,
who were chosen to investigate the
relations existing between the Stan
dard Oil company and the Lake Shore
railroad, were chosen by J. J. Sulli
van, president of John D. Rockefeller's
bank. The Cleveland correspondent
for the Chicago Record-Herald Is au
thority for this statement. This cor
respondent says that Mr. Sullivan is
United States jury commissioner for
this district and with the federal court
clerk he chose the jury.
packing houses are, carefully protected.-
An Associated Press dispatch un
der date of London, July G, follows:
"William J. Bryan today lunched
with Major John H. Beacon, the Uni
ted States military attache, to meet
War Secretary Haldane. The lunch
eon was arranged particularly so that
Mr. Bryan and Mr. Haldane could
meet. No other guests were present..
Ambassador Reid and Mrs. Reid gave
a luncheon at Dorchester house today
to a large party of visiting Americans,
including Paul Morton and Mrs. and
Miss Morton, Bishop William P. Law
rence of Massachusetts and Miss Law
rence, John W. Yerkes, commissioner
of internal revenue; M. O. Keeler, for
mer governor of Connecticut, and D.
O. Mills. Mr. Bryan has decided not
to leave London on Monday, as he
had intended, but will remain until
Thursday principally to' hear Mr. Hal
dane at the latter's invitation, deliver
a speech on army retrenchment in the
house of commons, after which Mr.
Bryan will start on his tour of the
Rhine, Switzerland and Italy. Mr.
Bryan has also accepted invitations
for next week from Winston Spencer
Churchill and others in public life
when he will meet many prominent
persons. He will go to Wrest park
tomorrow with Ambassador and Mrs.
Reid."
The Chicago & Alton railroad and
John A. Faithorn and Fred A. Wann,
former officials of the road, were con
victed in the federal court at Chi
cago of granting rebates to packing
houses. It is claimed under the law
the maximum sentence of the court
may be a fine of $120,000 for each of
the three defendants. The law under
which this proceeding is had, provides
no imprisonment.
Secretary Shaw has announced thn
issue of $30,000,000 of Panama canal
bonds. The bonds will be ready for
delivery Aug 1. They will be issued
Edward Rosewater won in the con
test between himself and former' Gov
ernor Crounse in the Omaha primaries
In the fight over the republican nomi
nation for United States senator.
A Companion
A dellorhtfnl llt.tln friaiin. i
dispensable to many who travel, are the " Lit
tle Comforters-'-Dr. Miles' Antl-Poln Pills By
their soothlnsr influence upon the nerves of the
brain and stomach, they prevont dizziness sink
Btomaoh and headache-car sloknesa.
Dr. Miles'
Anti-Pain Pills
?ialJldnd,80f PftinOulokand sure, ore per
fectly harmless and do not affect you in any
way, excopt to sooth the nerves and cure pain
For real comfort never ont.r on , i..'""":
SSf OoSfo?uJS.Urin,r a Ptt0ktt these "'iaX
Pain0 PinLoaseii.to reramend Dr. Miles' Anti
Pain Pills. They not only cured n nhrniin
headache, but since, if my head shows a diS
K&HSL n?5?:J 0Ii- ? stop? Xs llv?
7711"13 mum tu sunerers on trains nnfl
Sftord!'UOhSat,Sfa0fcloafr0m tU" SStel thS
&ute;MaIARTUS' Travol,n Salesman, St.
s,SSio?uipa?kase m benefit, if not, the
lx3re$? w$ return your money.
25 doses, 25 cents. Never sold in built
Secretary Root sailed in the cruiser
Charleston for a visit to the South
American republics.
A pier at a pleasure resort near
Council Bluffs, Iowa, collapsed July
4th. One hundred persons were
thrown into the water, six of them
being drowned.
Judge Ryan, sitting at St. Louis, de
clared that a manufacturing company
which was a member of the plumbers
trust could not recover a bill of $240
caused by participation in the trust.
The decision was under that statute
which provides that "any purchaser
of any article or commodity from any
individual, company or corporation
transacting business contrary to law
shall not be liable for the price or
payment of such article or commod
ity, and may plead this article as a
defense to any suit for such price or
X ivjf - v xx i
The joint committee of the Chicago
commercial association and the Illi
nois Manufacturers association has re
ported that it has had a board of ex-
perts to examine the Chicago packing
houses and finds that conditions hnvo
been improved from year to year and
I improvements were constantly being
made, and that the products of the
An Associated Press dispatch, under
date of Topeka, July 6, follows: "The
state supreme court today handed
down a decision holding. Mayor W.
W. Rose of Kansas City, Kan., in con
tempt for having assumed the office
of mayor after the court had ousted
him for the non-enforcement of the
prohibition, law, and ttie law against
gambling. In the order today Mayor
Rose is ordered to relinquish the
office and is fined $1,000 for contempt.
The court further orders if Mayor
Rose fails to pay the fine within
twenty days he shall be committed
to jail until such time as it is paid.
Mayor Rose's attorneys Immediately
filed a writ of error. If this Is not
granted the case will be appealed to
the United States supreme court.
After being ousted last January, Rose
was re-elected at a special election."
Former Judge A. B. Tanner, who
committed perjury in order to' shield
his law partner, the " late United
States Senator John H. Mitchell, has
been pardoned by President- Roosevelt.
Winston Churchill author of the
Crisis and other novels, is a candidate
for republican nomination of gover
nor for New Hampshire on an antl
corporatlon platform.
A warrant has been Issued for the
arrest of Augustus Hartje, the mil
lionaire and trust magnate of Pitts
burg who, sometime ago, sued his wife
for divorce. Hartje is charged with
conspiracy with two others to destroy
his wife's good name.
Jules A. Breton, the famous French
painter, died at Paris.
SILVER IN THE HOUSE
In reporting favorably, the bill
which changes the present ratio of
silver to gold in our Philipine cur
rency, Representative Cooper of Wis
consin, who heads the committee on
insular affairs, lets the house in on a
recent financial coup by the Mexican
government, which served to keep
silyer from' rising under a strong de
mand from India and a decreased sup
ply from the mines.
When silver rose in the fall of 1905
to upward of 30d per ounce in the
London market, meaning 62 to 65
cents per ounce in New York, the op
portunity was quickly availed of by
the commission of exchange and the
banks of Mexico to substitute gold for
silver in their reserves. The. result
was to release about 45,000,000 Mexi
can dollars, worth some $22,500,000 in
gold. This sliver was handled in the
London market, enabling the brokers
there to meet their Indian, Chinese
and other, obligations without advanc
ing radically the price of bar silver.
The advance would certainly have
taken place were it not for the Mexi
can pesos. "With this stock exhaust
ed," says Chairman Cooper, "there
is possibility of a pressing demand for
sliver from India and other countries
which might, within the space of a
few weeks, carry the bullion price
much above 31d per ounce and make
the profit from melting up and ex
porting the Philippine -coins so con
siderable as to overcome the restraints
of legal prohibition." With this in
view Immediate action was requested
in the bill. Thus far it has met with
no opposition in either house of con
gress. It Is significant that a committee of
the house of representatives, which is
presumably hostile to silver in the
political sense, should express itself
so favorably to the white m&al,
which, according to republican plat
forrcs has been a threat to "sound
money'' since 1870. It refused the
other day, under the skilled leadership
of Clark of Missouri, to allow Rubber
Currency Shaw to melt up. silver dol
lars for the purpose of making small
change. The dollars the secretary had
in. view are damaged to that extent
that they are unfit for circulation.
If melted under the present law new
silver dollars must replace them, thus
maintaining the position of the stand
ard dollar at 16 to 1. This house also
renewed the appropriation under
which the express charges on silver
dollars from the mints to the banks
is paid by the government, and not
by the banks.
In the course of its reDort the in
sular committee, in which the mining
states are by no means dominant,
points out that the price of silver has
been now for about three years stead
ily tending .upward, with a', decrease
in supply in all prominent markets
and less of the coined article in the
treasury vaults at Washington than
for many years past. In November,
1902, and again in January, 1903, the
London price of silver was 2111-16d
per ounce. At this, time the Conant
Jenks commission recommended the
32 to 1 'ratio for Philippine coinage,
and urged upon Mexico and China
the policy of adopting that ratio, thus
conforming to the action of Japan
when the latter created the 50-cent
gold dollar, or adopted the gold basis
at 32 to 1. The value of silver in the
American standard dollar was at this
time about 37 cents. Beginning wjjth
February, 1903, improvement began
in the price of silver, which has been
arrested only temporarily at any time
since that date, until now there has
been a recovery from the low point
of 1903 of more than 45 per cent.
A fact which makes the present
price of silver a serious menace to
the existing 32 to 1 coinage systems
is that the advance in price has oc
curred in spite of the general adoption
of that basis or ratio in silver-using
countries. The rise since January,
1903, has had no appreciable effect
upon the supply of bullion from tho
mines and smelters. Denver News.
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