0
IN MANY STATES
Prosperity Is Widespread
aud Farm Mortgages
I Are Decreasing
Moro Brink DopoBita in States
That Brynii Is Hopoful
oi Cnrryiug
Business Conditions Generally Im
proving and Better TimcB
Prevailing
Some of the Strongest Testimony
Comes torn Candidate Bryans
Own State
In order to noun- some up-to-date
facts relative to conditions prevailing
among the people all over the United
Ktntcs niul pnrtteularly in the west
ern states letters hnve recently been
fiiiit to business men in the lurge clt
ttH and in the country townn In those
sections The Inquiries related to
the linnk deposits and whnt better
ment if any hub noticenblc among
the borrowing classes Some of the
titrongest replies that have been re
ceded come from Nebraska Mr Bry
iuih own stnte It Ib to be noted
hat the only discordant note came
from Deudwood S 1 The complaint
there was that gold is worth no moro
thnn it was four years ago while oth
er commodities have increased
Some of the replies in brief are
tsummaricd
Colorado Hrown Nourse attor
neys for the First National bank
The business of this part of the
country has vastly Improved under
the republican administration Cat
tle nre worth twice as much as they
were four years ago sheep two or
three tlmcB as much Many of the
farmers or ranchmen have paid up
mortgages existing years ngo Col
lections are much easier to make and
merchants have little trouble in col
lecting We can safely say there is
not a laboring man in the state of
Colorado who desires labor who is
out of work to day
Illinois 1 It Walsh a democrnt
president Chicago national bank I
never knew n time when commercial
aper was paid up more promptly
than to day our notary complains
hat he has no protesting to do The
rate of interest is now very low This
Is no doubt due to the additional cur
rency issued under the new luw the
enormous production of gold In this
country and more prosperous times
generally
A 0 Becker denier in cattle pa
per Chicago About 40000000 or
50000000 annually are now loaned
by eastern Dnnks on cattle where for
merly this paper was never looked
upon with favor This of course has
tnadeit very much easier for the farm
erto obtain his money thereby buying
more cattle and instead of selling his
corn he kept this for feed and
ior raising hogs Altogether it
has been quite a revolution for the
farmer all through the west and we
nre very sure it has come to stay
of course on condition that we retain
sound money and republican admin
istration
Indiana C T Iindsey Cashier of
the Citizens national bank South
Bend lnd says Savings and com
mercial accounts in South Bend have
Increased over four years ago 55 per
cent and 150 per cent eueh In gen
eral our farmers are well to do man
ufacturers nre employing a world of
men running full time and in some
Instances over time
The Second national bank Rich
mond lnd Hank deposits in our
community lmve more than doubled
in the past four years At least 25
per cent of the mortgages on farms
in this locality have been paid The
merchants are cNperieneing a won
derful improvement in trade
Indiana national bank Indionnpo
Hs lnd Since ISlO bank deposits
in this community hnve almost doub
led Interest rates on municipal
bonds hnve greatly declined There
1b considerably more money being
loaned on mortgages by small invest
ors
Kansas Ira 1 Nye cashier nn
lional bnnk Eureka Kan Depos
its hnve increased about 25 per cent
Bince 1896 There has been an im
provement in our local credits of
from 20 to 25 per cent Farm mort
gages have decreased nearly one half
tlnce 1S96 The principal reason there
for is the unicrsnl prosperity
brought on by u wise and judicious
administration
Kentucky L C Murray president
American national bank Louis
llle Ky All bank deposits in this
community have about doubled since
J894 The agricultural interests in
this whole community hate improed
o euch an extent as is really remark
able and contentment and plenty are
shown on nil hands and only polit
ical disturbances occur We only
nope that four years more of such
prosperity can be attained for this
community has never before been in
uch a prosperous condition
Michigan M L Williams vice
president the Commercial nationnl
bank Detroit Mich Both savings
and commercial deposits have in
creased with us about 50 per cent
respectively during the last four
years while credits of this district
Improvement In the condition of tho
debtor class has been tiintrtinl
Mliiuiiotn il H Might cashier
first national bank Diilulh A num
ber of our people In metenntlli put
Mills who had bonoweil money anil
weie unable to pay four yenis ago
lnc Imgeiy reduced or wlpul out
thrlr debts Rome who were in good
financial condition lime become very
much better olT We do not know of
any incichunts of business capacity
who lime not wry materially lin
ptowd their position
A I Alness piesldent Scandinavian-American
bank St Paul Minn
This bunks deposits compared with
three jciirs ago have Incrcai cd 00
per cent I estimate 0ft per cent of
mortgages on nuttiest ends of mechan
ics laboters and small business men
have been paid and 21 per cent hne
been reduced Money has been cheap
and abundant since 1M7
Montana II II Mattcson cashier
First national bank of Client Falls
Mont Haul deposits show an In
eicnse In our community as compared
with four veins ago of 118 per cent
Four years ago our sheep interests
which comprised almost wholly our
borrowing class were henvily in debt
To dny while they hnve not become
lonuers of money they are far Icsh
In debt nnd as n general rule are car
rying Increased flocks
Nebraska S II Burnham presi
dent First national bank of Lincoln
Lincoln Neb Bank deposits have
Increased in the banks of this city
during the past live years 04 per cent
Never In the history of this state has
money been at so low n rate on good
securities ns it is at the present time
Farmers can borrow all the money
they want on first mortgages on their
farms at live per cent interest while
four yenrs ago it was difficult for
them to get it at all Four years ago
it was almost impossible for n busi
ness man to borrow a dollnr from any
bank in the city of Lincoln while to
day we are loaning as low as live per
cent A very large percentage of
mortgages have been paid or at least
a portion refunded nt n much lower
rate of Interest
North Dakotn Union national
bonk Grand Forks N D Bank
deposits in our community as corn
purcd with four years ago hnve shown
from 25 to 30 per cent Increase in
cluding both savings nnd commercial
account This county is 25 per cent
abend what it was four years ago in
general prosperity
First national bank Fargo N D
The bank deposits In our community
show a good increase over four yenrs
ago running from 20 to 30 per cent
A good many niortgageR hove been
paid up since 1896 some mortgnges
which could not in 1S9G be renewed at
ten per cent can now be renewed nt
six and a half to seven tier cent The
cheapening of money hns helped out
our city and state wonderfully
Ohio Charles A llinsch president
Fifth national bank Cincinnati O
Deposits nnd clenrings in this
city have Increased in the neighbor
hood of 33 per cent ns compared with
conditions ns they existed four yenrs
ago The deposits of this bank have
increased 300 per cent Most of our
local debtors are in very much better
condition now than they have been
for many years The increased bal
nnces of country banks indicate the
payment of farm mortgages due to
the improved condition of the
farmer
South Dakota C L Oleson cashier
Security bank of Dakota Howard
S D I take much pleasure in i -forming
you that the deposits of our
bank as compared with four yea s
ngo are now just 100 per cent large-
Ten farm mortgages are now paid IT
to every one that goes on reeo
while then four years ago none we e
paid off und great quantities went on
record
William Selble cashier American
national bank Deadwood S D
This community is not a criterion of
general prosperity for gold mining
is our inn in industry and some of
our heaviest savers among the labor
ing classes have taken their savings
often considerable in amount in go
ing to Alaska in the agricultural
district around us however the
change has been very marked A
great many debts have been paid off
and the bank deposits have been
doubled
A POLITICAL PLATFORM
Did you see the pons all frown
When they heard thai Cholly Town
Had been quietly turneil down
Yes
Did you see them faces make
When they mid Well have to take
One more pull for Bryans sake
Of course
Did you hear the silver hell
Peal forth Joyfully ami well
That Towne didnt Kvt a smell
Sure
Did you Bee Dick Croker smile
Stretch his mouth hutf a mile
When the Towne men lost their pile
You know It
Did you see him rmack hie chops
When the ice trust knocked the props
From beneath the western pops
You bet
Did you think this two faced crew
Cun deceive the crowds anew
As they did in Ninety two
NIL
Plenty of Work or Labor
The stute labor bureau of New
York lias made u rejxirt from 66 of
the leading industries of the stute
have hud a marvelous advance in pros
perity The men employed was us fol
lows
lune 30 1899 protection 25035
TUT NORFOLK NEWS THURSDAY OCTOBER 25 1900
12iS4b51
KisBlsViBsfHVs3
w
r pEBSBBbIsIsto
MVGKb9XmM
Exports IdiTmmK
I 1900 JHtfMSUKEtPsWf
i T------- jBHnUrtig0iaiSPkV
1 an HEivKiMlm
m Accounts JOtXk
5545867 X TWiMm
1899 fig CK7
liUDD414i
it Sort o Looks a If Id Kavt to Expand
LABOR AND CAPITAL
An Inntnnre In Which They Co-Op-
crutril to Motnal Ad-
vnntnK
There nre millionaires nnd million
aires
There is the case of Mr Matthew
C 1 Harden n millionaire mill own
er of Fall Hivcr Muss widely known
nmniig his friends nnd in that town
ns Matt equally well regarded by
the million ilres of the dry goods dis
trict of New York It was n ques
tion in Fall IMver whether on uc
count of the slack demand for cer
tain kinds of prints certain of the
mills should not close down Mr
Horden thought not It was he by
the way who had a year or more ago
taken the lead in raising the pay of
his employes some ten per cent thus
causing nil the other mill owners of
Fall Kiver to follow suit This time
he said that production ought not to
stop Hint the mills ought to be kept
going that the men ought to be con
tinued to be paid if there was any
way to do it He saw n way Per
haps he figured thnt there was no
great element of risk in the transac
tion yet if there was any he took it
freely He ordered some 000000
worth of cotton goods so that there
is no reason why there should be in
Fall Kiver any disquieting labor situa
tion for a long time to come
We believe that there is a deep lesson
in this thoroughly patriotic action on
Mr Bordens part for nil large em
ployers The matter of employing
somebody nnd equnlly the matter of
working for nnother is just ns much n
process of giving nnd taking ns the
simplest or the most complex of busi
ness transaction of nny kind
No one can do till the work no one
enn make nil the money No employer
can make more than a certain percent
age of the money or if he tries to do
so other capitalists equally solid finan
cially and equnlly brainy will step in
and cut his profits down The employe
can by no process obtain more than he
ought to hn e more thnn the business
man will stand for the employer will
simply shut down rnther thnn continue
long to run at n loss In a word the
capitalist cannot have anything better
thnn n fair thing He is a fool to ex
pect it and the laborer on the other
hand cannot get more thnn the busi
ness will stand though he ought in
every case to have what he deserves
It is easy to argue from this point
nnd we believe that nobody will deny
thnt the better employers and em
ployes understand one another not
merely getting better acquainted per
sonally but understanding whnt a self
respecting ambitions employe wants
and exKets and deserves nnd appre
ciating on the other hand that the
capitalist must turn his money over
must make omething deserves some
thing deserves especially well on an
count of the risk and worry he is un
der when all this is understood we
should be on the verge at least of the
millennial period when there would
never be n strike or u lockout because
there would never be cause for one
Southern Mill Operative
In the southern states to day ther
nre about 165000 operatives in mill
The industry is a comparatively new
one nnd wns fostered Tiy protection
MKINLEY WELL VOTE FOR YOU
Air Red White and Blue
McKlnley the pride of the nation
Our leader undaunted and true
The hero of our veneration
Allegiance we gladly renew I
By virtue of ties never sundered
By love for the red white and blue
By the guns that for freedom have tbun
dertd
McKlnley well all vote for you
CHORUS
McKlnley well all vote foryouj
McKlnley well all vote for you
McKlnley well all vote for you
By the guns that for freedom have thun
dered
McKlnley well all vote for you
Your voice for our welfare hns sounded
The trials of state you have borne
Your glorious deeds have redounded
And hallowed the path you adornl
The report shows that wage earners For honesty Justice and reason
I Anil all that tmn nnn V a al
Impresses the view
For triumph oer error and treason
McKlnley well all vote lor youl
CHORUS
rtimiuri luiui wuKfH vti t ii ui
June 1 1894 free trade 15112 tS24l148 rveii vuimnuy mum
ioji uui irdnrrs iriHiiiiiuiiu
With colors of glory unfading
For the eight months ended August A 0dldevoted you stand
ai innn n tr u Bo firmly for righteous expansion
i iiuui me For honor and loyalty too
United Spates amounted to 504ti90034 i For manhood In libertys manslon
an inerense of 40509501 for tin m McKiuley well all vote for you
Jiave increated about 25 per cent The ejBht month of 1699 I cmokub
C P R
UNCLE CONSIDERS ADVICE
Silver That Nobody Want Piled Up
la the Trenanry Vault Whlla
Gold In In Use
Before writing a word on the sil
ver question 1 went to my Uncle Con
sider for good advice
Uncle I said do we really need
free silver free coinage
Need it- need free coinage ex
claimed the old man Why weve got
it This government has a right to
coin all the silver it wants to hasnt
It
Yes but suppose we need more
I suggested
Need he repeated slowly
why how much silver have we
coined
Well I see by the mint reports that
weve coined 025300000 worth
And how much gold
Six hundred nnd twenty six million
six hundred thousand dollars worth
I said
And where is that silver now
Well I Faid 1 see by the last mint
report that 56443000 is in circulation
The people have it but 508000000 is
lying idle in the treasury
Five hundred million silver dollars
piled up in the treasury you say
Those are the figures uncle
And how much gold is there in the
treasury
About S0OO00O0 nnd most of this
we have just rented from the English
at four per cent and weve got to pay
it back
What no real gold at all said
Uncle Consider thoughtfully Hiring
gold from the English you sny just
to Keep up appearances nnd my
uncle got up and walked the floor
After a few minutes he stood up
wrung his hands and said slowly
Ive been n himctallist all my life
Eli and it seems as if everybody
else has been that way too for weve
coined 025000000 worth of silver that
nobody wants The people wont take
but 50000J0O of it while they lake
500000000 of gold We cant sell it
to England for gold Its only worth
50 cents to the dollar anyway nnd just
to think with all this silver rusting in
the treasury a lot of miners nnd popu
lists nre yelling for more silver and
they want the government to pay a
double price for it too No Eli Im a
bimetallism but I know when Ive had
enough It is my deliberative opinion
that wed better go a little slow on
silver for awhile and let gold catch
up If the people want silver very
badly let them go to Mr Carlisle and
get some out of that 500000000 pile
in the treasury The old highway
man used to blow- n mans brains out
and get his money but these free coin
ers Eli seem to want to blow our
brains nnd get our brains
Then uncle laid down his Rible and
went on reading Mr Prestons mint re
port
INCREASED SAVINGS
McKlnley IroKperlty Swell the Sav
ing Hank DenonlU of
the People
Mr Brynn continues to nrgue that
the people want something more than
the full dinr er pail They are getting
it They wear more clothes use more
cotton use more wool buy more fur
niture and have and save more money
than they did under the Clevelaud
democratic control of national afTuirs
How much better they lmve fared
under the administration of President
McKlnley is shown by the following
comrmrutive statement of deposits in
the savings banks
No of Depositors Deposits
1899 42SU16 1782974481
1194 34a477 1265450416
Inc under McKlnley 841039 1517524065
Thnt is to say generul prosperity
hns increased the number of savings
banks has increased by nearly 800000
the deposits by over 500000000
New Trust Frlrndu for Ilryan
In connection with the fact that Mr
Croker of ic trust fame and Senator
Jones of the Hound Cotton Hale trust
ure supporting Mr Hranit is interest
ing to udd thut Mr Itryun s recent
meeting at Iarkersburg V Va was
presided over by ex lnited States Sen
ator Camden an old time democrat
who besides being one of the richest
men in West Virginia is a large stock
holder of the Standard Oil company
It is not supposed that the intimate
connection of Senator Camden with
the Standard Oil company was even so
much as mentioned by one of the Bryan
papext
SILVER AND COTTON
Bryans Theory ns to Parity and
Price Is Disproved
Onlnjr to tlooil Time of tlir Pnt
Four VrnrN Hie People Are
liitf More Cotton Than
Liicr Ilcforc
Everything seems to go wrong for
the silwr theoiists Tlulr claim t lint
wheat and siher kept pace wus long
ngt exploded by the fact thnt while ail 1
ver litis continued to fall since 1VJG
wheat and practically eterythlng else
produced by the farmer has continued j
to rise Their lust attempt however
in the cfloit to sustain this argument
wits cotton which continued to fall in
price until 1S90
They studiously avoided the fnct thnt
the cotton production of the United
States the worlds chief cotton pro
ducer has enormously increased and
that this fact accounted largely for the
decreased price but kept hammering
nwny with their assertion thnt the si
multaneous fall in the price of cotton
nnd silver vns proof of the accuracy of
their general claim tnai the price oi
silver governs the price of farm prod
ucts But now the Inst prop is
knocked from under this theory by the
fact thut cotton is selling in the New
York market for double the price of
1898 and 1899 while silver continues its
downward course
The price of an ounce of silver in
March 1390 just prior to the nomina
tion of Mr Bryan was a little over 70
cents and the price of a pound of cot
ton was 7 cents or in other words
in 1890 it required ten pounds of cotton
to buy an ounce of silver to day nn
ounce of silver is worth 62 cents nnd
a pound of cotton over ten cents so
hnt it now only requires six pounds of
cotton to buy nn ounce of silver in
stead of ten pounds as wns the case
in 1890
The fact is thnt the price of cotton
like that of everything else is gov
erned by the ability of people to buy
and the relation of production to the
worlds demand Under the prosperity
and manufacturing activity which pre
vailed in the United Stntes in 1892 the
home market took a much larger share
of our enormous cotton crop than it
was able to take under the business
depression and inactivity of manufac
turers which existed in 1894
The official reports of the bureau oi
statistics show that the consumption
of cotton in the United States which
amounted to more than 1571000000
pounds in i892 fell to 1080000000 in
1894 a reduction of nearly one thiTtl
while in 1S9P the consumption of cotton
in the United States amounted to 2006
000000 pounds having nearly doubled
as compared with 1894 and increased
over 30 per cent over the corresponding
period of 1892
The per capita consumption of cot
ton in the United States amounted to
over 24 pounds for each individual in
1892 but it fell to less than Impounds
in 1894 and increased to more than
27 pounds in 1899 Nearly 35 per
cent of the entire cotton crop was
consumed ut home in 1892 and in
1694 less thnn 29 per cent was con
sumed at home while the figures for
1899 show a return to the conditions
of 1892 the proportion of the cot
ton crop retained for home consump
tion in 1S99 being again nearly 25
per cent
The relative importance of the
home market of this single item of
cotton illustrates the value to the
farmer of a prosperous market at
home for any and all of his produc
tions The figures of the burenu of
statistics and of the department of
agriculture show similar conditions
regarding the home consumption of
farm productions in prosperous yenrs
as compared with years of terrible
depression nnder democracy and a
low tariff in which people were com
pelled to reduce their expenditures
for food and clothing to the very
lowest possible figure and the re
sult is thut the home market under
the prosperity of 190O is worth hun
dreds of millions of dollars more to
the cotton planter than it wns under
the depression which is sure to re
turn to the country in case Mr Bryan
nnd his followers nre permitted to
force upon tne country their policy
of free silver nnd n low tnriff
The following table shows the home
consumption nnd exportation of cot
ton in the years 1892 1894 and 1899
Home Consumption Exportation
Pounds Per Pounds
consumd capitn exported talneil
1892 1571356173 2403 2935219811 34S7
lfc94 10GM53 1591 2 BS 3282326 2i eO
1899 2006848795 2714 2787919122 34 03
Democracy TruHt Itecord
At this time when Mr Bryan i
talking about the trusts ns if he
were the only person In the country
who is against them it will perhaps
be well to bear In mind that the dem
ocratic party when in power did not
place any anti trust laws on the na
tional statute books In the closing
days of the last session it furnished
the majority against an anti trust
bill introduced by the republicans in
the house When the Wilson bill was
passed seven years ago by the demo
crats it contained some features that
were put in so obviously for the bene
fit of the cugar and other trusts that
President Cleveland refused to sign
the measure nnd it became a luw
without his signature He did not
have the hardihood to veto it
Wool Growrri Are Prosperous
Wool growing has received an un
exampled impetus under the protec
tive tariff of the Dingley law In
1895 there were 38208783 sheep in the
United States valued at 65167735
There are now 03121881 sheep worth
246175335 The flocks have almost
doubled and their value is four times
as great as under the paralyzing free
wool schedule of the Wilson law
THERE IS NO RETREAT
An Incident of President McKlnley
Life lis a Soldier Shov III
Chnrneler
There is no such word ns retreat
boys Charge
There is no such word ns retrent
Kinley nearly 40 eurs ago They pic
ture the character of the president
of to day as of the soldier of 1S2
Thomas OCallnhun with one eye
blindul and one car closed to sound
forever by n bullet wound received un
der the national colors at Gettysburg
is now a resident of Kort Collins He
served through the wnr with distin
guished bravery
1 served under President McKlnley
in 1663 and have met him frequency
since livery meeting brings back to
me one of the most patriotic expres
tions that ever passed the lips of a
fcodier A party of 40 men under the
then Mnj McKlnley went on scouting
duty They were perilous times then
All went well until we reached the
top of a hill nnd unexpectedly ran into
a body of Johnnies numbering be
tween 300 and 4C0 They were in am
bush drawn up in firing line and await
ing our approach Our first knowl
edge of their presence in the ambush
wns a volley which brought down our
three fronit fours of horses and men
Uetreat our captain shouted
There is no such word ns retreat
boys Charge came a second order
this time from Muj McKinley who
drawing his sword dashed nhead fol
lowed by every one of the men excepfc
those who had given their lives to the
eause The enemy were completely
astounded nnd at our charge re
treated in confusion
Before we started on this scouting1
expedition we were ordered io take
three days provisions I had a sack of
pounded oats on the pommel of my
saddle After the rout of th enemy T
turned the oats out to feed my horse
nnd found 15 bullets in the sack My
horse was wounded as was Msj Mc
Kinleys and his sword hilt wns cut
to pieces by bullets Mnj McKinley
laughingly called attention to it and
at the same time complimenting his
men on their bravery remarked
You have done me a great favor
boys and if it ever lies in my powc
Ill reciprocate
POLITICAL TRICKSTERS
It Seem They Are the Kind of Peo
ple Thnt Bryan Prefers to
Side With
In recent struggles within local
sections of the democratic party be
tween the better element and tho
disreputable element Bryan has
chosen every time to side with the
disreputable element
Bryan personally took the stump
for Goebel in Kentucky despite tbe
advice and warnings of the bst
democrats of the state who had put
up Brown for governor as a protest
uguinsi me uiiuica uiuibu uec gov
ernment and political decency that
Goebelism notoriously meant
Bryan lias given official recognition
to the boodle Clark wing of the de
mocracy in Montana An entang
ling alliance with the man who cor
rupted the Mantana legislature and
some state judges in order to get n
seat in the senate does not seem to
worry his conscience one whit so
long as the alliance means 200000
contribution to his own campaign
fund
In New York the official recogni
tion given by Bryan to Croker as
against Hill was the chief means
whereby that notorious Tammany
Hall boss who lives in England on
New York political plunder defeated
Coler for the nomination for gov
ernor though Coler was the man
whom the best democrats of New
York wanted nominated Croker op
posed Coler because he opposed Tam
manys attempts to secure plunder
and pelf from taxpayers This vic
tory for Croker won ty brutal im
perialism aided by the recognition
from Bryan the New York Even
ing Post Intl has described ns
the victory of cash over principles
of matter over mind The decent
democratic press of New York has
since been bitterly complaining of
the fact that Bryan is the first dem
ocratic presidential candidate who
IVM ever so personally humiliataal
fcimself ns to give recognition
Croker
WEVE HAD ENOUGH OF YOU
Oh Billy Bryan Weve had enouph of you
You suld lour years ago what wasnt true
Every voter knows in the country near
and far
Your prognostications from the tall end
of a car
So keep up your spouting nnd say all you
cun
But remember Its not Bryan but McKln
ley s our man
For what McKlnley said has ull come true
The country It Is proxptroiis and we dont
wunt you
GEORGE hAMBERT
Poet Uaurenle of the Illinois Industrial
Republican League
Large lleuetncllonn Prove Prosperity
When times are good and people nro
busy they can afford to give freely
to churches to education and to char
ity Last years benefactions exceed
all previous records They amounted
to 79749950 as compared with 33
670129 in 1896 26943549 in 1895 and
19567116 in 1894 Of the totul
amount in 3899 there was given to
educational institutions the sum of
55851817 to chnrities 13206676 to
churches 2992593 to museums nnd
art galleries 2086500 and to li
braries 5012400
Company lialldlog at an End
During the month of August new
companies weTe organaeed in New Jer
sey with aggregate capital stocks of
23000000 This is the lowest for any
month for years and indicates plainly
that the era of consolidation of manu
facturing intereiU i practically ut an
fitL
