' * ,
' r ;
Che Conservative.
VOL. III. NO. 48. NEBRASKA CITY , NEBRASKA , JUNE 6 , 1901. SINGLE COPIES , 5 CENTS.
PUBLISHED WEEKLY.
OFFICES : OVERLAND THEATRE BLOCK.
J. STERLING MORTON , EDITOR.
A JOURNAL DEVOTED TO THE DISCUSSION
OF POLITICAL , ECONOMIC AND SOCIOLOGICAL
QUESTIONS.
CIRCULATION THIS WEEK , 12,457 COPIES.
TERMS OF SUBSCRIPTION.
One dollar and a half per year in advance ,
postpaid to any part of the United States or
Canada. Remittances made payable to The
Morton Printing Company.
Address , THE CONBHRVATIVB , Nebraska
City , Nebraska.
Advertising rates made known upon appli
cation.
Entered at the postofflce at Nebraska City ,
Neb. , as Second Class matter , July 29 , 1898.
Some time since ,
RURAL BANKS IN THE CONSERVATIVE
OTOE COUNTY. made inquiries of
each one of the rural
banks in this county as to the average
deposits which each one had carried for
the year. From such inquiries we are
able to give our readers the following
facts relative to the banks in Otoe coun
ty , outside of Nebraska Oity :
The Bank of Douglas averaged , dur
ing the year 1900 , deposits of $58,000 and
had 295 customers.
The Bank of Burr averaged $36,000 in
deposits and had 104 depositors.
The Bank of Syracuse had average de
posits of $75,000 , and the number of
their depositors was 850.
The First National Bank of Syracuse
carried $180,000 in deposits , and served
445 customers.
The State Bank of Dnnbar , eighl
miles west of Nebraska Oity , showed
$110,000 average deposits for the year
1900 , and had 245 customers.
The Bank of Berlin , during the same
period of time , carried deposits averag
ing $55,000 , and had 160 different ac
counts.
The Bank of Tahnage , during the
same yeas carried an average deposit of
$100,000 , and served 200 depositors. The
deposits in this bank , however , on the
27th of April , 1901 , reached $125,000.
The Bank of Lortou commenced busi
ness on May 5th , 1900 , and its average
deposits have been $15,000 , and its
clientele number 50.
The Bank of Palmyra , during the last
year , carried average deposits of a little
over $66,000 and had 200 depositors.
The First State Bank , of Lortou , car
ried average deposits of $22,000 and had
70 customers.
The Bank of Unadilla carried average
deposits of $46,626.81 , and served 199
depositors during the year. In that
line its total deposits reached more than
mlf a million of .dollars , and it issued
more than 2,700 drafts.
These facilities for banking in Otoe
county are a great convenience and
benefit to the peo-
Tools of Exchange , pie who live on
farms and in small
villages. The eleven county banks
outside of Nebraska Oity in Otoe
county , carried during the last year an
average deposit of more than seven
hundred thousand dollars. They had
more than twenty-three hundred de
positors , who owned the seven hundred
and odd thousand dollars. Thus , farm
ers , as well as merchants , manufacturers ,
common carriers , and other city folks ,
are keeping their moneys in banks. Thus
farmers give their individual checks in
settlement of obligations incurred.
Thus , by checks so given , the circulat
ing media of the county are doubled ,
trebled or quadrupled at times. Thus
the need of paying out money itself to
consummate exchanges is abrogated ,
wiped out , done away with.
Whenever banks of deposit can be de
vised and operated with the same certain
ty and safety that
Certainty and now pertains to
Safety. the redemption of
a National Bank
note , the perfection of a financial sys
tem will have been achieved. Nobody
ever asks to have a National Bank note
redeemed , because everybody knows that
nobody ever lost a cent by being the pos
sessor of a National Bank note. The
instituting of safeguards about banks of
deposit , which will make them equally
safe for their customers , is a desideratum
which may yet be evolved from the ex
perience of banks , bankers , and their
customers.
In Nebraska City , wo have three Na
tional Banks and one State Bank. The
depositors in the
City Banks. four banks aggre
gate twelve huii-
ured. Add this to the twenty-three
hundred rural bank depositors in Otoe
county , and we have , in a population of
less than thirty thousand , thirty-five
hundred persons , keeping and using
check books for the conduct of their af
fairs , financial. And the aggregate deposits -
posits in Nebraska Oity and the country
jauks of Otoe county were , last year an
average of nearly two millions of del
lars. That enormous sum of money
represented the business and condition
of the men of Otoe county. Those men
voted at the last presidential election to
the number of 5,045. Five thousand
and forty-five votes aggregated all the
ballots given for presidential electors in
this county in 1900.
They gave a majority against Bryan
archy , which was exceedingly compli
mentary to their
Hard Times. faith in the gold
standard. They
did not believe that the moon would
turn to blood and prosperity to mud , if
sixteeu-to-one-ism was voted down.
They were incredulous as to the politi
cal and peerless prophet , who forecasted
disasters , catastrophes , destruction and
everlasting financial night , if his cause
was vanquished. What of the low rates
for money now ? What of the country
banks in Otoe ? What of all the hum ,
rustle and roar of business today ? Is it
afflicting ?
The decent tax-
NEW YORK paying citizenship
REFORM. of New York City
is strenuously strug
gling to overthrow the kingdom of
Croker and corruption. Decent men
among the tens of thousands , who pay
taxes upon property in that metropolis
never yell , exclaim , or proclaim :
"Great is Tammany and Oroker is its
prophet ! "
That condensation of eructatory
eulogy was uttered by only one man in
America , and he was the populist candi
date for the presidency in 1900. A
twelve-dollar-a-plate-dinner has its in
spirations for oratory , and certainly ,
"Great is Tammany and Croker is its
prophet" was an inspired utterance. It
can not expire. It makes its author
perspire.
No American par-
NO RIGHT out has any right to
rear a child with
out teaching it industry. The human be
ing who , from infancy to maturity , is
indulged in all things asked for , makes
a selfish , inconsiderate , and useless
member of society. Human beings who
do not work , get very little of real honey
out of life. They are offensive and
repellent. They are in old age remorse
ful and unhappy. The very room they
occupy on the globe is begrudged them.
