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I'n
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FINANCE COMMITTEE'S MEASURE
IS INTRODUCED.
PLAN TO INCREASE ITS VOLUME
k.
Wolfe & Beardslee, Red Cloud, Neb.
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SAY, niSTER!
Do you know that it will pay YOU, as
well as US, to buy your Building Ma
teri&l and Coiil at our yards? Not only
that our prioes ayebaok lower, or at
least as low, as those of our competit
ors, but because wo take especial care
of and proteot all can be classed as
REGULAR CUSTOMERS.
PL ATT t FREES CO.
Coal. Lumber.
Would Allow Additional Bank Circula
tion Based on Other Than Govern
ment Bonds Hansbrough Favors
Central Bank House Proceedings.
Washington, Jan. 8. Senator Aid
rich Introduced IUb currency bill,
which has been a subject for discus
slou among the members of tho committee-
on finance for some days. Ho
had' tho bill read to the senate and an
nounced that the committee would bo
glad to consider in connection with It
a7l bills that senators might desire to
Introduce. He assured Senator Cul
berson that his resolution would' re
ceive attention.
Tho bill provides for an additional
Issue of bank circulation which shall
at no time exceed $2150,000,000 on
bonds and other securities than those
issued by tho government, including
state and municipal bonds, In ap
proved cases. The comptroller of the
currency is given discretion in tho Is
suance of the proposed currency and
is authorized to decide as to tho time
and amount to bo awarded to any
banking institution. It is provided
tliut the Increased circulation shall in
no case exceed 75 per cent of the
bonds deposited.
It Is understood that all Republican
members of tho committeo aro in fa
vor of the measure, except Senator
Hansbrough, who believes that a cen
tral bank will best solve tho difficul
ties of tho country's currency situa
tion. Pie bos himself Introduced a bill
providing for a central bank at Chi
cago, and Intends, It Is believed, to
uphold that Idea with vigor.
Republican leaders In tho senate as
a whole aro hopeful of tho early pas
sage of the Aldrlch bill.
Proceedings In the House,
Tho usual resolution referring tho
president's annual messago to tho sov
oral committees, furnished' tho occa
sion In the house of representatives
for a number of addresses, mostly by
t embers, ou tho Democratic side.
l.i'T.P COVVlCll U Xixml) tit bV.fJj.VlS.
but those that attracted, especial atten
tion were by Sheppohl (Tex.) ami
Wlllett (N. Y.). The former not only
made a plea for the leslorallon of the
legend "In tlod Wo Trust" on Amer
ican coins, but discussed the cruise or
the American battleship Jlect, and re
ferred to a possible conflict with Ja
pan. Wlllett placed all the blame for the
recent financial panic on President
Roosevelt, whom he denounced In se
vere terms. Ho charged the president
with not being a sensible man and
with having turned on the gas and not
the li'fiht, nnd with going up and down
the country condemning nnd striking
with tho big stick the heads of great
industrial Institutions.
Republican policies were attacked
by Hardwlck ((la.), who predicted that
tho only safety for fhe party lay In
the nomination of Secretary Taft for
the presidency.
Tho national banking laws were dis
cussed by Norrls (Neb.), who urged
a a protection to depositors tho tax
ing of bank deposits with tho vlow of
securing a fund for that purtiose. The
resolution was pending when tho
house adjourned.
BALLINGER QUITS LAND OFFICE
Resignation Accepted to Take Effect
on the 4th ofv March.
Washington, Jan. 8. Richard A.
Ballingcr, commissioner of tho general
land office, has tendered his resigna
tion to President Roosevelt and' It has
beon accepted, to tnko effect March 4.
Fred Denuitt, assistant commissioner,
has been appointed commissioner.
On March 4 Commissioner Balllnger
will havo completed practically a year
of service In the ofllce.
Commissioner Balllnger was ap
pointed at the request of Secretary
Garfield of tho Interior department.
When the position was tendered him,
Mr. Balllnger declined it on account
of his business Interests In Seattle.
Secretary Garfield urged him to accept
tho proffer, and ho finally consented.
It was of Mr. Hulllngor that tho
president raid ho had got a $20,000
man for a $5,000 salary.
Commissioner nallluger in his year
of service has reorganized the land
office from top to bottom and Las
placed ,lt on an efficient working
basis.
SUPREME COURT DECLARES IT
UNCONSTITJTIONAL.
Knocks Out Act of 1906 Making Em
ployers Responsible to Employes In
Accidents Due to Negligence of Feb
low Servants.
Washington, Dec. 7. That tho con
gressional act known as tho "Kmploy.
ers' Liability Law" Is not in accord
ance with tho constitution or the Unit
ed' States, because It goes beyond tbu
boundB permitted In tho regulation ol
Interstate commerce, was the conclu
sion reached by tho supreme court ol
tho United States iu deciding two,
damage cases coming to the court
from tho federal courts of Kentucky
and Tennessee, which woro brought
under the provisions of tho law. Tin
decision was announced by .fustic
White, tho court standing D to 4
against the law. Among tho men who
voted not to sustain the state, there
were different shades of opinion.
Much Interest was manifested In tha
result of tho court's deliberations.
Following are tho pr'"'-lpal points
from Justice White's opinion:
"The act then being addressed' to all
common cantors engaged in Interstate
commerce, and Imposing a liability up
on then In favor or any of their em
ployes without qualification or restric
tion us to the business In which ths
carriers or their employes may bo en
gaged at the titno of tho Injury, ol
necessity Includes subjects wholly
outside of tho power of congress to
regulate commerce. Concluding nH wo
do the statute, whilst It embraces nub
jec.tH within tho authority of congress
to jeguUite commerce, also Includes
subjects not within Its constitutional
power aiid that tho two aro no Inter1
blended in the statute that they are In
capahlo of separation, wo aro of the
opinion that the courts below rightly
held the statute to bo repugnant to
the constitution nnd nononforolblo,
nnd the judgments below nie thcrefora
affirmed."
RAILROADS COMPLY WITH LAW
Interstate Commerce Commission
Makes Annual Report.
Washington, Jan. 7. More signifi
cant and important, perhaps, than any
other statement In the twenty-first an
nual report of the Interstate commorco
commission, which was transmitted to
congress, Is that relating to the atti
tude of railway officials toward tiiu
new railroad law. In a discussion ol
the operation of tho act, the commis
sion says:
"Hy railway managers almost with
out exception the amended law ha
been accepted in good faith, and they
exhibit for the most part a sincere
and earnest disposition to conform
their method's to Its requirements."
The commission adds that it was
not expected that reforms could be
brought about without difficulty or de
lay, "but it Is unquestionably the fact
that great progress has been made
and that further Impinvcmcut Is cleai
ly assured. To a gratifying extent
there has been readjustment of rates
and correction of abuses by the car
riers themselves. Methods and usages
or one sort and another which oper
ated to individual advantage have vol
untarily changed and it is not t(K)
much to say that thero Is now a free
dom from forbidden discriminations
which Is actual and general to a de
gree never before approached. As
this process goes on, as special priv
ileges disappear and favoritism ceases
to be even suspected, the Indirect,
but not less certain, benefits of the
law will become more and more ap
parent." Concerning advances In rates, which
"rests entirely with the railway," un
der the law, the commission suggests
that when such advance Is attached
to n normal complaint, tho commis
sion is given authority by legislation
to suspend tho operation of tho ad
vanced rate until the matter shall
have been heard' ond determined finally.
Secretary of War Makes This Recom
mendation to Congress.
Washington, Jon. 7 Secretary Taft
Is a strong advocate of Increased pay
for the army and his annual report,
just sent to congress, completely dis
pels any doubt that may exist, as to
the secretary's position. Tho roport
shows rapid decrease Iu the strength
of the regular army in recent years
(tho loss last year being 4,428 men)
and tho pressing need for officers to
replace thoso now detailed on recruit
ing duty or as mllltury Instructors in
educational institutions, The secre
tary declares that whllo many reasons
have been advanced to explain the dif
ficulty, a sufficient one is to be found
In the inadequacy of army pay.
"I think It qulto probable." ho sayB,
"that an Increase In tho pay of tho en
listed men, including considerable ad
ditional Inducement for tho men to re
enlist and such rcasonablo Increase In
tho pay of non-commissioned officers
as would stimulate men to remain In
the 'servlco nnd to qualify themselves
for these higher positions, would bovo
a markedly beneficial effect upon tha
recruiting of the army."
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