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The Commoner.
VOLUME 8, 'NUMBER 1J
12
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A Cleveland, O., dispatch says: Mi
chael Mulcahoy, the last survivor of
tho throo aides who accompanied
General Phil Sheridan on his famous
rido to Winchester, died last night.
Tho Resorvo Trust Company of
, Cleveland, O., has made an assign
ment. Tho liahilitios are $2,700,000.
Inability to realize on outstanding
' loans is said to havo caused a fail
i uro.
Further consideration of the
i Brownsville Negro Soldior affair has
i boon postponed by tho Senate until
Decomber noxt. Senator Foraker
1 agrocd to tho postponement.
Tho Vrecland currency bill passed
( tho house with a voto of 183 to 145.
Edward G. Lowis, the St. Louis
banker, was acquitted in tho federal
( court at St. Louis.
Tho Omaha Packing company's
( plant at South Omaha was destroyed
by fire, tho loss being estimated at
$900,000.
brought to our knowledge and from
information brought from sources
which wo can not doubt, that this
material basis is threatened with ex
haustion. Evan as each succeeding
generation from tho birth of tho na
tion has performed its part in pro
moting tho progress and devolop
mont of tho republic, so do we in
this generation recognize it as a high
duty to perform our part, and this
duty in a largo degree in the adop
tion of measures for tho conserva
tion of tho natural wealth of the
country."
"Wo declare our firm conviction
that this conservation of our natural
resources is a subject of transcendent
importance which should engage un
remittingly 'the attention of the na
tion, tho states and the people in
earnest co-operation. These natural
resources include tho land on which
wo live and which yiold our food; tho
living waters which fertilize the soil,
supply power and form great avenues L.nrtnr mmniAfA P.nntrnl'
of commerce; the forests which yield Utilized for every purpose.
An Associated Press dispatch un-
der dato of Chicago, May 15, follows:
I "Dologates from fifty commercial and
shipping associations from tho west
and middle west met in conference
i here today to discuss means of pre
venting eastern railroads from carry
ing into effect a proposed increase in
freight rates'. Tho conference was
"hold under tho auspices of tho 1111
I nois Manufacturers' association. It
' is oxpectcd by tho promotors of the
. meeting that the result will bo tho
starting of a movemont to advance
pending national legislation which
' will mako it impossible for the rail
roads to increase rates without the
consont of tho interstate commerce
commission."
The socialist national convention
In session at Chicago, nominated for
president JQugene.: .P.obs of Indian
apolis", and for vlco president Benja
min d-Ianford of New York.
The republican district convention
for tho Seventeenth congressional
district of Ohio endorsed Senator
Foraker for tho presidency.
DECLARATION OF PRINCIPLES
AT TUB
WHITE HOUSE CONFERENCE
Tho following declaration of prin
ciples was presented and adopted at
tho Whito House conference, which
closed its session May 15:
"Wo, tho governors of tho states
and , territories of tho United States
of America, in conference assembled,
do hereby declare tho conviction
that tho great prosperity of our
country rests upon tho abundant re
sources of tho land chosen by our
forefathers for their homes and
whero they laid tho foundation of
this great nation.
"Wo look upon these resources as
' a heritage to bo made use of in es
tablishing and promoting tho com
fort, prosperity and happiness of the
American people, but not to be wast
ed, deteriorated or needlessly de
stroyed. "We agree that our country's fu
ture is involved in this; that the
1 great natural resources supply the
material basis upon which our civili
zation must continue to depend and
upon which the perpetuity of the na
tion itself rests.
"Wo agree, in tho light of facts
tho materials for our homes, prevent
erosion of the soil and conserve the
navigation and other uses of our
streams, and tho minerals which form
tho basis of our industrial life and
supply us with heat, light and power.
"Wo agree that the land should be
so used that erosion and soil wash
should cease, that there should be
reclamation of arid and semi-arid
regions by means of irrigation and of
swamp and overflowed regions by
means of drainage; that tho waters
should bo so conserved and used as
to promote navigation to enable the
arid regions to bo reclaimed by Irri
gation and to develop power Jn tho
interests of the people; that the for
ests, which regulate our rivers, sup
port our Industries and promote the
fertility and productiveness of the
soil, should be preserved and perpet-
uaiea; mat tne minerals round, so
abundantly beneath tho surface
should be used as to prolong their
utility; that the beauty, healthful-
ness and habltablllty of our country
should bo preserved and Increased;
that the sources of national wealth
exist for the benefit of all the people
and that the monopoly thereof should
not bo tolerated.
"Wo commend the wise fore
thought of tho president in sounding
the noto of warning as to the waste
and exhaustion of tho natural re
sources of the country and signify
our appreciation of his action of call
ing this conforenco to consider the
samo and to seek remedies therefor
through co-operation of the nation
and tho states.
states, members of congress and oth
ers Into conference.
"Wo agree that further action is
advisable to ascertain the present
condition of our natural resources
and to promote tho conservation of
tho same. And to that end we recom
mend tho appointment by each state
of a commission on tho conservation
of natural resources to co-operato
with each other and with any similar
commission on behalf of the federal
government.
"We urge the continuation and ex
tension of forest policies adapted to
secure the husbanding and renewal of
our diminishing timber supply, the
prevention of soil erosion, the pro
tection of head waters and tho main
tenance of tho purity and navigabil
ity of our streams. Wo recognize
that tho private ownership of forest
lands lends responsibilities in the in
terest of all the people; wo favor
the enactment of laws looking 'to the
protection and replacement of pri
vately owned forest.
"Wo recognize in our waters a
most valuable asset of the people of
tho United States and we recommend
the enactment of laws looking to the
conservation of water resources for
Irrigation, water supply, power and
navigation, to the end that navigable
and source streams may be brought
and fully
We es
pecially urge on the federal congress
the immediate adoption of a wise,
active, and thorough waterways pol
icy, providing for the prompt im
provement of our streams and con
servation of their water sheds re
quired for tho uses of commerce and
tho protection of the interests of our
people.
"We recommend the enactment of
laws looking to the prevention of
waste in the mining and extraction
of coal, oil and gas and other min
erals with a view to their wise con
servation to the use of the people
and the protection of human life in
tho. mines.
"Let us conserve the foundations
of our prosperity."
PROVISIONS OP THE VREELAND
CURRENCY BILL
The Washington correspondent for
the Chicago Record-Herald describes
the Vreeland currency bill, which
passed the house recently, in this
way:
The Vreeland bill, as passed by
the. house today, provides that na
tional banks, each having an unim
paired capital and a surplus of not
less,. than 20 per centum, not less
than ten in number, having an ag
gregate capital and surplus of at
least $5,000,000, may form volun
tary associations to be designated as
national clearing-house associations
The banks uniting to form Buch
association shall, by their president
or vice presidents, acting under au
thority from the board of directors
make and file with the secretary of
the treasury a certificate setting
forth the names of the banks com
posing the association, the principal
place of business of the association
and the name of tho association
which name shall be subject to the"
approval of the secretary of the
treasury. Upon tho filing of such
certificate the banks therein named
shall become a body corporate and
may sue and be sued and exercise
the powers of a body corporate.
Not more than one such national
clearing-house association shall bo
iormea in any city. The several
members of the association shall bo
taken, as nearly as conveniently may
be, from a territory composed of a
state or part of a state, or contigu
ous parts of one or more states.
Any national bank having the qual
ifications prescribed for membership
shall, upon application to the secre
tary of the treasury, be admitted to
membership in a national clearing
house association for its respective
city or territory, arid he entitled to
all the rights and privileges and
subject to all the liabilities of an
original member. No bank can bo
a member of two national clearing
house associations.
The dissolution, voluntary or oth
erwise, of any bank in an association
shall not affect the corppratq exist
ence of the. association, , unless thero
shall then remain less than ,$he min
imum number of ten, banks. The
reduction of the number of banks
below the minimum. of ten shall not
affect the existence of the corpora
tion with .respect to the assertion of
all rights in favor of or against such
association. The affairs of the asso
ciation shall he manaced by a board
consisting of one representative from,
each bank. --."
By-laws for the government of,, tho
association shall be made by the
board, subject to the approval of
tho secretary of the treasury. A
president, vice president, secretary,
treasurer, and an executive, commit
tee of not less than five members
shall be elected by the board. Tho
powers of the board, except In the
election of officers and making of
by-laws, may be exercised through
Its executive committee.
The association shall have all pow
ers necessary to render available as
a basis for additional circulation any
securities, including commercial pa
per held by a national banking asso
ciation. For the purpose of obtain
ing such additional circulation any
Continued on Page 14)
"Wo agree that this co-operation
should find expression in suitable ac
tion by tho congress within the lim
its of and co-extensive with tho na
tional jurisdiction of the subject and
complementary thereto, by the legis
latures of the several states within
tho limits of and co-extensive with
their jurisdiction,
"We declare tho conviction that In
tho use of tho natural resources our
independent states are interdepen
dent and bound together by tins of
mutual benefits, responsibilities and
duties.
"Wo agree in tho wisdom of fu
ture conferences between the presi
dent, members of congress and the
governors of tho states regarding the
conservation of our national re
sources with the view of continued
operation and action on tho lines
suggested. And to this end we ad
viso that, from time to time, as in
his judgment may seem wise, tho
president call the governors of tho
When Pain Follows
Physic, the Physic is Wrong
Pain Is always a symptom of injury.
Griping means that the physic is harsh
that It irritates.
You injure the bowels when you seek
to help them in that way.
The bowel lining like the skin be
comes calloused if you constantly
Irritate it.
The hardened lining retards the natural
functions. Then you have a chronic
condition callingforconstantphysic.
And tho calloused bowels demand a
heavier dose.
Such physic Is wrong. It Is wicked.
It destroys the very functions that you
seek to aid.
You cause what you seek to cure.
One should never take any laxative save
Coscarets. They are gentle and
natural.
They never Irritate the bowels, never
gripe. Every effect Is curative.
They are as harmless as they are
palatable.
One tablet Is enough unless the bowels
are calloused. The dose never needs
increasing. Take them just as you
need them to insure one free move
ment daily.
Cascarets are candy tablets. They are sold
by all drusxlsts, bat never in balk. Be sure t
Set tho genuine, with CCC oh every tablet.
The box Is marked like 'this:
sfcewute
The vest-pocket box is 10 cents.
The month-treatment box 50 ceats.
12,000,000 boxes sold annually.
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