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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (April 17, 1890)
THE OMAHA DAILY BKR TJIUHSDAY , APRIL 17 , 1890. THE DAILY BEE. E. BOSEWATER , Editor. 1't'HLlSHKI ) EVKIIV MOUNING. TKKMH OP HtJIISl'WPTION. Ilnlly ntul Sunday , Ono Vear . fin no MX months . nro Three month * . . . 8M Pnmlny lleo. Onn Year . 3 l Weekly llco , One Venr . 123 OI-TIOKA Oinnli.'i. Tlic Ilcc > llulldlii . H , Onmhn. Corner N itnil iMth HI reels , t'onncll llliiirr < , 12 IVnrl Hired. riileiiiroOlllce. MTTlie Itookery Ilnlldlnr. New Vurk. Itooms 14 and LITi-llmno llulldlng. \\iifliliiHliin. 5ti : I'onrlri'iilli street. couitttsi'ONDKNun. All rowniiinlcatlons relating Id nnws ntid rdllorlul imtttor .should bo addressed to tliu KdlloHnl Department. All buslines letters und remittances should 1m iiililrcssril to The lieu Publishing Company , Otnnliii. Drafts ohenkH mid postoltlei ! orders to lie Hindu payable to tlio order of tliu Com pany. Tlic lice Publishing Company , Proprietors. Tlio llro H'ldlnc.-1'ariiam mnl Seventeenth Sin. Tin1 following Is the nil" of | H > SUKI | < noee.s- Kiiry to iiiiill single copies of Tun Hii : : out of tlio t'lly. ' .U. 8. 1 rout. Foreign 2 ecnts 32-paKo paper. . " 1 cent " S cents ] rt-pi : o p.'iiier. . " - ten Is LV-jiii'-'e PIIJMSP . . " 2 CCII I H II COIllS " 4-jiiiito iiij ) > er. . " " cents 4 oonts HWOHN STATK.MKNT OF Mute of Nebniska. I , , County of Donelafl. I"1 Ocorjrc II. Tclinek , seerrlnry of Tim life 1'ilbllslilng Company , docs sni | > innly nwoar that the actual circulation of TUB DAII.V IIKK for the week ending April Itf , JMW , was a.s fol lows : Hiinday.Aprllfi SIJVI3 Monday.April T I. ! ) . ' . ' , . ! Tuesday , Api-118 . a XU Wcdncsdiiy. April ! ) "Jil.ltW TliuiMluv. April 10 MU I 1'i-lday. April II -UtUO b'utnnliiy , April 1' . ' .Wfv Average UO.7IO OKOItOK II. T7S IMICK. Sworn to liuforo mo and subserlbed tr > In my niesiMit'e this 12lh duy of April. A. I ) . IM . LSeal.l N. I'.FKIU Notary I'nblle. Slateof Netiraska , I Count v of Donalna. I5' CJHirgK II. T/holinuk , beliiR duly sworn , ilo- es and says that ho Is M-uretarv of The ' Ire I'nbllittil'nt ; Company , that the aelnal iiveruco dully circulation of Tun DAII.V ! : : fnrtlie'liioiitli AprilISKI8.rOcopies ; ( ) ; fdrMuy. 1M > . lHi.Hlcopli"i ! : forlnneISWitHKS copies. ; for .Inly , ! ( * ! ! . iH.itlScopies ; for AilKiist , IS.v.1 , l mi I'oples : for Septi'inbiir , llvS'.l ' , 1S.7ID conies ; for Oelobcr. Ihh" , IH.IIHT copli'Xj for November , 1KU. Hl.Ilin copies ; for December. IMi ! , LlMllH copies ; fiir.liiiinarv. l > ' . i , IHf > . "icopies ; for February , 1U * > , HtKl copies forMnrc.li , IM i , ) , ( . " > eoles | , CKOIIHK II. T/fruui'K. Swotii to before mo and siibsurlbvil In my presence tblsStli day of April. A. I ) . , IftOO , ( Scal.l N. P. Full , . Notary Public. Tin : oxteii.tion or the lire limit , * would iiwtt'riully improve the Holitlity ami per- mtiiR-iic-y of building to bo orcclcil. and collectively , the eserves itiiHtitited praise for tlio promptitude and ollluieiioy dis- lhtyfl ( at the recent lire. .Iri > i\n by the piiye.s of tntateo and shi'i'ilT Hales publislied by Kansas City lia ] > eiM , I'l-ul estate auctioneers are doing a rii4tlin ! < f buniness down the river. DHATII does not disturb Pennsylvania's title totho fntbei- the house' " lian- dalt stuH'ec'ded Kelly , and Charles O'Neill of the Second district succeeds Kandall. \ TUto -Minneapolis nllU'inls are utidor ii'Ti-st ' for bribery. Such unseemly action U cali'tilated to cant odium on uld'Tinunie life In the suburbs of St. Paul. C'ON'dKESSMAN' DOUSKY proposes to unlock- the national vaults mid slide : i hii'fjo blool ; of the surplus from the na tional treasury into the Vaults of the bondholders. Hut how will the farmer yet any of the monoyV AVniMO other western cities are paying six to night per cent , interest on their bondt , Onialia's standinf , ' in the financial world oniibles it to lloal bonds at four and one-half per cent. No butter proof of its gllt-odjjcil credit could bo had. ITv \S a happy inspiration of Presi dent C'halTeo to cast several ballots for absent-minded members of tlio council. Tlio practice might bo extended so as to include all members of the combine , thus relieving them from exhausting mental effort and expediting business. AS A business proposition looking1 to t.ho . not very distant future , the Milwau kee and Uoi'k Island managers must rc- ali/.o the advantages their roads would derive from tin independent bridge and au oxtonslvo ti-aclcago of their own. They certainly would bo able to get the lion's share of the heavy and constantly growing tralllo of Omaha , which alone would justify the outlay for right of way and depot grounds on the north Hid" . ONK of the flat "fakes" iri this city wauls to know why Tins BKI ; IMS not taken into account the shrinkage in our uurrnncy caused by the burning of green backs in the Chicago five. This is a poser. Wo confess for once that wo novoi' had thought of this und do not know wlioro to look for the tlgures ; but suppose that two millions of dollars in greenbacks had actually gene up in Hinoko , that would amount to three cents for each inhabitant. SKNATOII I'KTTJUUKW is not troubled with a surplus of public modesty. When ho sees what ho wants ho gees right utter it , regardless of appearances. Hav ing achieved success in a few state meas ures , ho now asks national uid for a rail road of ins own creation. The famous poker oxjwrt is not backward in making known his wiuiU. IIo naturally feels that the government , having lavishly as- Hislod private cHizoiib to garner mill ions , it would lie only fair to lend a help ing hand to a senatorial infant that could bo profitably farmed out when It has tseuitreil n plpo line to the govern ment crib. A VK\V days ago Senator Paddock was quoted as saying that the circulation of money in this country will average $10 for every inhabitant. Senator Plumb trumped that card und reduced the aver- ngo down to $10 per head. This of coursu will malco Mr. Plumb more popular with the Hat fakers anil cranks who insist that there has boon au onor- IUOUR shrink-ago In the volume of money within the past few yours. As n mutter of fact the only reliable data which we huvo as regards the volume of monny yhow that the average' per capita exceeds ? 21 , exclusive of the money in the national treasury , nild thirty dollars per capita If the iiinnoy now In the treasury is included. Hut Senator Plumb will aiill keep on with his Imncombo fodder for gullible farmers and make them Ixillevo he 1ms hocomo a champion imtl-mouopolist. XKIlltASKA .I.VO TllK I'.V/O.V PACIftO Government Director Spnlding 1ms taken It upon himself to vebuko the people ple of Nebraska for what ho evidently deems to bo tin unwarranted disposition to meddle with the affairs of the Union Pacific railroad. In rcvlowing'the con dition and ihaimgotnent of the Union Pa- clllc Mr. Spuldlng swys : "I found people. In Xcbnukn who nro pot- sc sd with tlio Ido-.i that the Union I'aulllc was cotistnictcd atul should bo oi > cnitc < l nmlnly In ilofntvnco to the wishes of Unit flection , and who actually bulloved that their state should bo consulted by tlio timimRcrs before any ImpnivcmcnU were made , Inno- vntloHS nrnAcuiitud or extensions puMiod for ward. In tin ) minds of .such people tlio ( itiu.t- tloa whotlicr tlio mud bad ctono more for the state than the state ; had done for the road novcr Aootncd present. " Mi1. Spaldiiiff had better road up on tlio history of tlio Union Pacific , and its relations to the jwoplo of Nebraska , iromaynotbo aware of tlio fact that Nebraska has been tin important factor in lite construction of this road and has contributed millions upon millions of dollars towards Its maintenance. More than one-third of the main line of the Union Pacific is located in Nebraska , and of the vast domain which consti tuted Its land grant several million acres are located in Nebraska. For more than fifteen years after the rail road wits completed the company shirked Its taxes by refusing to take out patents upon its lands in Nebraska , thus shifting the burden of taxation upon the other taxpayers , who were chiolly farm ers and working people. At this very day live hundred and twenty-eight thou sand seven hundred .and eighty-five acres of Union Pacific subsidy lands in Nebraska remain exempted from tax ation because patents have not yet been taken out therefor. While the people of Nebraska have been subjected to ex travagant freight rales the company ignored the wants and necessities of the most fertile sections of this state by fall ing to construct branch lines that would have materially added to our wealth and population. For years the Union Pacific dominated Ne braska politics , dictated who should rep resent her in the national legislature , foisted upon an exasperated people stale officers , judges and legislators who were subservient to its managers and disloyal to the interests of the people of this state. While constantly pleading pov erty und inability to build feeders in Ne braska or to construct needed depot fa cilities ; n this and other cities the Union Pacific has always been able to raise funds for building branches in Colorado , Utah , Idaho , Montana and Oregon. Does Mr. Spulding consider it an imperti nence for Nebraska to resent this dis crimination and Illiberal treatment ? Nebraska always will remain a very extensive contributor to the earnings of this road , und her people have a right to insist that the road shall bo operated with deference to their wants and with out unreasonable exactions from its patrons. The Union Pacific debt , excessively inflated by the Credit Mobilier con struction ring and lawless manipulations of Jay Gould , will bo a burden of which the people ot Nebraska are ex pected to boar a very largo share. lias Nebraska no right to concern herself in congressional legisla tion by which it is proposed to tax the patrons of the road to make good the entire principal and interest of this enormous debt ? All the people of Ne braska conced o that the road has done a great deal for the state , but the Union Pacific is a national highway built by ho munificent liberality of the United States. run s/rp.mo.v .is TO .s/trwR. The report of the house committee on coinage , weights and measures , accom panying the bill for the issue of treas ury notes on deposits of silver bullion , is printed in full elsewhere in our col umns. It presents u clear and concise statement of the silver question and the reasons which support the measure re ported by tlio committee. This bill provides that any owner of silver bullion which is tlio product of the mine of the United States or of ores smelted and relined in this country may deposit it at any mint or assay olllco tleslgnatad by the secretary of the treasury and receive therefor treasury notes to the amount of the net value of such silver at the market price. The notes are made receivable for cus toms , taxes and all public dues , and shall bo redeemed in silver bullion , or in gold coin at the option of the government , oren on demand of tlio holder in silver del lars. The secretary of the treasury is required to refuse to receive deposits of bullion when the market price of silver exceeds one dollar for three hundred ami seventy-one. and twenty- live hundredths grains of pure silver , but instead the owner of bullion may have It coined Into standard silver dollars lars for-his benefit. The silver product of the United States last year was of the commercial value of from forty-five to forty-eight million dollars and the value of foreign ore smelted in this country about six million dollars. It is assumed that under this bill the deposits of bullion would amount to four and a half or live million dollars per month , thus making an aniural addi- tfon to the currency of from fifty-four to sixty million dollars. In the opinion of the committee this would unquestiona bly appreciate the value of silver , with the probability that it would rapidly approach preach u parity with gold at the ratio of sixteen to 0110 , in which case the mints could bo safely opened to free coinage as provided by the bill. Tlio committee regards the ultimate attainment of free coinage as desirable , but very I'onclu- elvoly shows that it Is not expedient to undertake it now. The government credit Is already burdened with up holding on a par with gold various forms of currency amounting to over nine hun dred million dollars , and to undertake to carry in addition the silver of the world might result in1 failure which would mean the abandonment of the effort for a bimetallic btaudard of currency and the establishment in this country of the silver standard , The committee regard the proponed bill as the longest stop In the direction of free coinage at a fixed and agreed international ratio which at present can IKJ wifely taken. The committees of the senate and house which for some time have been in conference ou the silver question are re puted to have rcnchctl nn agreement with regard to everything except the provision for redeeming the treasury notes Issued against deposits of silver bullion. The senate silver mon desire that these notes shall bo made redeema ble In the lawful money of the IJjilted States that Is , coin , ( gold or stiver certificates , legal tender or any other money which the United Slates inny issue or bo re sponsible for , tit the option of the holder of the silver bullion certificates. The argument for this is that the govern ment should not float any kind of money which is Inferior to any other kinds of money , and that In roinonclizlng silver its representative should bo made us good as any money which the govern ment Issues. It Is obvious , however , that there are serious objections to mnk- ' Ing silver bullion certificates redeem able in gold at the option of the holder rather than at the option of the govern ment , ns provided in the house bill. Tin : r.itt/rr UILI , iiKronrno. The tariff bill has at last been re ported to the house , two Important changes having been made In it at the last moment. These were the restora tion of hides to the free list and provid ing for the free admission of all grades of sugar below No. 10 , Dutch standard. Sugars above that standard will pay a duty of four-tenths of a cent a pound as H protection to American refiners , while it is proposed to pay producers of do mestic sugars a bounty ot two cents a , pound. As to both of these features of the tariff bill the majority of the ways and means committee huvo been singularly variable , according to the strength of conflicting Influences brought to bear on them , They at first proposed a duty on hides , then abandoned it under the protests from Now England manufac turers , restored it in u modified form on the demand of western cattle raisers , and have now again dropped it under the pressure from the manufacturers. They were hardly less preplexed as to what to do with sugar , and the schedule has un dergone numerous changes , with the * final result of offering a mixed arrange ment of duty and bounty that is not satisfactory to the sugar producing in terest and may not prove to 'bo of any appreciable benefit to the consumers. The discussion of the bill will probably be entered upon with as little delay as possible , and it is understood to bo the intention to restrict the debate so that a. vote can be takcnon the measure not later than , luno 1. The measure will un doubtedly receive numerous amend ments in the house and is very likely to undergo radical changes whenever it shall reach the senate. Meantime it is understood that the senate finance com mittee will seek information on the sub ject from sources that were not reached by the inquiries of the ways and moans committee. 11KCKXT DK.IfOL'llATIC SL'CCKSS. The success of the democratic party in recent municipal elections in several of the states , notably in Ohio and Indiana , and in the by-elections for members of the legislative assembly in Rhode Island , has encouraged the parly organs to a high degree of hopefulness and confi dence in the future. There is really , however , nothing exceptional in this ex perience. It has been quite usual for the party In control of. the government to suffer in the year or two following its accession to power from the apathy of its supporters or from the de fection of those who 1mvo some personal reasons for administering a rebuke to their party. So far as appears from the returns of the recent elections generally they do not show much actual growth in the democratic vote , but simply that re publicans wore indilToront and did not do their duly. Besides there is very lit tle national significance to municipal elections for the reason that they are almost wholly influenced by local considerations and the eharao- lor and personal popularity of candidates. It is obviously absurd to as sume that the results , for example , in Cincinnati and Indianapolis were-duein Lho remotest degree to popular objection ; o the national administration. As to [ { bode Island , whore a some what surpris ing change of political sentiment ap pears to have taken place , it is possible Lhnt the proposed tariff legislation of the majority of the ways and means com mittee had some effect. The feeling in Now Hnglaud regarding the tariff lias very materially changed during the , ast year or two , and it is not unlikely that the industrial interests of Rhode Island took the present oppor tunity to express di&satisfaction with the tariff prospect as presented in the ways nul means committee bill , lint beyond this it is not easy to discover any very substantial ground for the expressions of democratic ratification and confidence. It may bo well , however , for the re- imblicans in congress to carefully con sider the significance of the result in Uhodo Island , and to inquire whether it really reflects a change of po litical feeling that may be widespread in New Kngland. That section has boon oud and earnest hi asking for relief , and its appeal has received very little con sideration. Its declining iron industries ire to be left without help and lUs manii- 'noturing interests generally nro prom- sed no favor In the directions asked. Hides will bo allowed to remain on the TOO list , but there is really no conces sion. Under tlio circumstances , thero- 'oro , there is a great deal of natural dis satisfaction in New Kngland , of which .ho result of the elections in Khode island may fairly bo regarded as an ox- H-OSMOII. There is in this , therefore , a substantial ground of democratic hope , uid it is about all that iu afforded by tliu ccent elections. The republican party has nothing to 'oar If It will give the country ii wise and equitable revision of the tariff and n sound and sensible silver policyTlio ; utter appear pretty well assured , and there is reason to.hope that tlie influence of the conservative party leaders in the senate will secure the formor. .i ; otr ititici ; J.Y ojj.i//.i. According to the estimate , computed jy the secretary of our builders1 ex change brick Is cheaper in Omaha : hun in any city of its i/.b in America , [ n bupjxirt of this assertion 'Mr. Collins quotes the price of brick In twenty-two cities lifcludlnj ; Indianapolis , St. Paul , Milwaukee , liuffulo , St. Louis , Kansas City , Denver.'Cincinnati ' and Peorla. I ft hose esUifjulos are correct brick at Omaha Is delivered at buildings at six and a half to.lvlght dollars per thousand , and laid in the , wall at from eight and a half to nine uml a half dollars , while In Kansas City ; 'brick ' laid in the wall costs from , nlio ( to twelve dollars per thousand- Denver ten to twelve dollars and Hf ( , 'hlcago ten dollars. But the proof of' lilho pudding Is In the out ing. Brick milv be purchased In Omaha from six and'nualf , to eight dollars tit certain seasons'of the year when there Is an enormous surplus at the yards , but In the winter and sprlng.when builders are milking their contracts , brick cannot bo had for less than ten dollars per thous and delivered at buildings. Our brick manufacturers always take advantage of the scarcity of brick in sight and exact exorbitant prices at the very time when property owners who contemplate building are getting their es timates. If brick could always bo bought as cheaply In Omaha as in Kansas City , Denver , St. Paul and Milwaukee few frame houses would be erected hero. Lumber Is certainly much higher in Omaha than It Is in St. Paul , Milwaukee and Chicago. Omaha never will be a city of brick and stone until she has extensive brick manufacturing es tablishments where a largo supply of brick will always bo kept on hand , win ter and summer. The extension of our fire limits would doubtless have a salu tary effect , but people will not substitute brick for lumber in the construction of their residences and dwellings so long as the limited supply of brick compels con tractors to base their estimates on the price at which brick is sold here in early spring when work on the super structure on most buildings is usually begun. THK Bui- : has in and out of season ad vocated the usu of brick in our build ings , but the builders' exchange will not make people believe that brick is cheaper in Omaha than in other largo cities by printing tables which assume that brick can be laid at from six dollars arid fifty cents to eight dollars per thousand when brickmakers are asking from eight-dollars to ton dollars lars per thousand. THE inscriptions proposed for the city hall corner stone are insufficient. If we are to immortalize the late council and "my vigilant predecessor , " in Dodlin granite , the record' should be complete and historical. There should bo no half way doings about it. Side by side with tlio roster of the defunct should bo brief chapters on the payment of the gas com pany's claim , the donation of twenty- nine thousand dollars to the street rail way company , ail allegorical figure rep resenting thy , birth of the Dodlin combine and a bus relief in brass picturing 'the solid twenty-eight swearing cteriiul'fealty ' to the republi can ticket at Lininger's feast and whet ting their knives for the slaughter. As a side bit of historical art , a life-size pic ture of the late " ' "vigilant mayor'1 coerc ing his coachman' at the polls would give variety and vigor to tho. whole. Thcso facts should not bo overlooked in blazon ing the deeds of the defunct. If coming generations are to bo furnished stony proofs of "my administration , " no laborer or expense should bo spared to make it accurate , aesthetic and artistic. Six months ago the city council re funded to the street railway company twenty-nino thousand dollars in cold cash. It was an outrageous disregard of the rights of property owners to permit the company to invade newly paved streets without paying its duo share of the cost. And now this corporation has the effrontery to dispute the payment of a just claim for two thousand dollars , which has boon hanging fire for more than two years. CIiaunocy'N Candor Joii't Suit 'Km. St. Jjiiills UhbK-Dannrmt. Tlio southern papers nro not pleased with Mr. Dcpow's report of his rcccut observa tions in their part of the country. This sij- nilk'.s tluil he has told tliu truth instead of pretending to have seen what was not visible. Hrlco luvlteil West. Xciillli : i IIVix/i. / ) IjrKi. It is plain that Calvin S. Brice is a man of enterprise and u spLvulativo turn. Only a few weeks ago ho bought a United States sen- ntorship , and innv ho has bought a railroad. If ho is really u Ions-headed man he will como out and buy .somo lots in Seattle. It would Iw money lu Ids pocket. Killtor llfsninrolc. St. l , < , iil # I'nxt-DifiKitcti , liismurck's determination to express his opinion on public affairs in the future through the medium of the pro.show. . } that the ex-cliuiiccllor recognizes the bcit : of power hi thcso. duys. Uditor Hlsnr.irclc will bo a greater iiiuu than Kiuperor AS'illtnin or Chancellor Capi-ivi. The Uhuvstcd Itrltish Illrd. Chlenifi Tribune. The true reason for the unpopularity of the JJiiRlisli spirrow : in that it doss not act llko u native American bird. It dom not bet-oino Amorinuiiml , even- with the lap > o of a dozen generations , it always rotulus the charaeter- isticsofuii KiifillMt'iyiulic.ito. U is lu tills country solely on ' { nlsluoss. Tlio "Machine" ' In Municipal Polities. AVip rinlt Times. While "niaehlnbs" ' may differ in dejjreus of badness mid are m6ri > or less susceptible of improvement , through contests with each other and under t'a''i ? ) ' ' ' > re. < sure of public opin ion , they arc all b.nTus a means of Kovcralas cities. The only rptjiudy for the evil Is to recofjnUo the fiutliut municipal irovormncut Is not a mutter of jxijlties and to dlvorco It completely from i\-ty control. l\l T. Rv-PrcKlilrnt "CTovolaiuI Korood to UmliM'Ko Trnuliuoiit lurCorporoslty. New YOHK , April Ki. ( Special Telegram to Tun HIK. : ] The Suu bays : The Hlurmiiitf rumors current fur sovcrul weeks among the personal friends of ex-President Cleveland are continued by the fact now learned that ho has been compelled to consult u specialist hi rcptrd to the abnormal and WMiBtuatly la- civashiK development of fat with which ho has boon troubled niniiy'ycaw , but especially sini-o ho loft Washington. Ho lias learned It Is iiotliiiiKiiiomor k'tvi tlmu a disease which will before lonp turtnltiato fatally unlcvs cured , or ut least checked. Ho lias lately bot-a paininj ; ut the rate of twenty-five pounds ii month and the fat has been aetuallv Hiuoth- eriiiK the vital orsuu * . Ho has thoretoro ( f < nio under u mursu of treatment luicmbllni ; that taken by Dbmarck. The doctor assures him ho is iu j > orfect physical condition aside from a tendency to ruu to fat. THE HOUSE SILVER MEASURE , Report of the OommlHeo Made in Favor of the Bill , A STRONG AND SOUND ARGUMENT. The IssiicorTreuHiiry Notes on Deposltw of Silver lltillion l > 'ree Coinage Not .Now Considered K.xpcdlcnt. The following Is the report of the house committee on coinage , weights and measures on the house silver bill : No more Imx | > rtiiiit l-wue presses upon this congress thnu the so-willed silver question. and a series of well known events ami acknowledged conditions Impel to IU consid eration. The outlawry of silver by Germany , the nets of Franco and the other government. * of the Lathi union , the results of our own legis lation , the gradual retirement of national Hank circulation , our rapidly increasing jwp- ulattnn , the unparalleled growth of tnmcand commerce , the important Industry of silver production , tlio depressed condition of agri culture , ail demand some immediate and judicious legislation. The requirement is Imperative. No people can prosper without n liberal sup ply of money , and that nation proscrs | ) most which has tlio largest circulation of the best. The total volume of money of all kinds In circulation in this country March I , 1SSH , was : Oolil eoln . KCI.fi07.axJ Standard Hll\er dollars . I * M.RVVKa Sulitlilliirv sliver . KUnO.INQ ( told eertflleutes . i0iHN : ! ( ! > Silver eortltleates . U4s.iTi.UU ) I * lilted States notes . ; ci7ltS7.tI National banknotes . isrltt-i. ± "j Total . f MM. mi.i01 : During the last year our national bank cir culation was reduced by the redemption of notes to the amount of SilT/iWV.i'Jli. This re tirement will continue in a greater or less amount from year to year , and yet our popu lation and business are contliumlly increasing at a marvelous rate. Some means "must , there- fotx' , be devised to supply this delldency and meet these new demands. No better or safer plan can be adopted than to utilize the product of our own silver mines and smelters. The accompanying bill , in the judgment of your committee , provides a simple , practical and economic method of converting this silver into money or its equivalent. Our people have not taken kindly to coined ' silver as n general circulating nic'dhmi , but very much prefer its paper representative. Tills is conclusively proven by the fact that , although the treasury department will ship and docs ship silver coin free of cxpensu to all points desired , from Florida to Alaska , yet it has been able to put out and keep hi circu lation less than one silver dollar to each in dividual hi the nation , there being in circula tion on March L'O , IS'.K ) . only riV-lXi.'i ( ) ( stand ard silver dolhus , while 201,8 W.1KI were piled up in our vaults and represented bv cert III- cates. The paper representative evidently is what is wanted , and it is immaterial to the holder or to business whether it represents coin or bullion , if of equivalent and staple value. Hut paper based on bullion saves the expense of minting , saves considerable lam from abra sion and n largo part of the cost of storing , while the bullion is always ready for coinage , for export , for use in the arts or any other purpose required without the-troublc and ex pense of rcmcltinp. Tlio notes to bo issued under this bill are based on bullion and are to bo redeemed in silver bullion or gold , at the option of the government , or in standard silver dollars if the holder desires them. . Their value must , therefore , bo positively stable , and cannot lluetuate , for whether the pricoof silver bullion , goes up or goes down the note1 is always worth absolutely 100 cents to the dollar. Tt is made the duty of the secretary of the treasury to coin whatever amount ot bullion may bo necessary to replace any coin used in redumption of notes under the provisions of this law. The coinage idea is thus main tained , and is always inseparable from the bullion itself. It is therefore not true that silver under this act is demonetized or treated simply as a commodity , but , on the contrary , it ib monetized iu the highest and most desir able sense possible. This act opens our mints to the monetizing of all the silver dug from our mines or re duced in our smelters , and is hampered by no statutory limitations or ilxcd amount , but is left to the ireo and natural course of pro duction and trade. The product of silver from the mines of the United States fen tlio calendar year 1SSS was estimated by the director of the mint to have been about KOiK,000 ! ) flue ounce's , of the com mercial value of about $ I-I,000OIM > . The pro duct for the last calendar year , 1SSII , may be placed somewhere between ( itMH,0N ) ( ) and . " > ( ) , - ( NK,000 line ounces , of the commercial value of from $ inl)0OUO ) ( ) to $ SOU,000. , ( ) There came to our smelters during last year about i.tKX)0 ) ( ) ( ) worth of foreign ore. If this should all lind its wny to our mints , wo would , at present price of silver , add annually to our circulation from $ . " > 0,000,0X ( ) to $ . " > 4,000,000. lint it is probable that under the stimulus of this net , production and importation of cnido ore would increase somewhat and the price also advance , so that it .scums safe to predict that not less than ? tf , > 00o)0 , ( or $ , - > , < XX ) , ( > < X ) per month would reach our mints , ami our circulation be increased by that ' amount. A demand would thus bo created for the entire - tire product of all our silver mines , and the & . ' ( > , IKK,000 ) which wo annually send to swell the surplus and reduce the price in foreign markets would Ixj withheld , and the price lie materially enhanced thereby. Under the provisions of this act silver would unquestionably appreciate in value , and the probability is that It would rapidly approach preach a parity wilth gold at the ratio long ago fixed by law , viz. , It ) to 1 If this should happen then our mints can safi'lv ' bo opened to free coinage as provided by th'is bill. The silver problem , as respects tlio world and ourselves , is at present In such compli cated condition that it is impossible to make correct uml permanent .solution at ono stroke. Ultimate tree anil unlimited coinage of sil ver , with proper use of paper representatives , Is certainly du.slr.iblo and ought to bo at tained. Hut with the present attitude of the other great commfrc'ial nations toward silver and with its present market price it would l > e neither safe nor politie for our government to 1'i.ilf I Im f viu ihiii > tit. lit. iMn > f > unit iilnnn. This bill is Umalivo in its terms and char acter , lint the conditions to bo met are ex ( -optional and transitory. That the treatment to which silver has been subjected during the past two decides bv the grout commercial nations has depre ciated und unstcadled Its value is greatly to be ro iiittod but hardly to be doubled. That the present commercial ratio of gold bullion and silver bullion is likely u > continue , and ought for that reason to be pennanuntly adopted as the legal r.itio of gold coin and silver coin is aftlrmed by no one. That two kinds of currency nominally of equal value , but In fact materially variant , will freely circulate together only so long as the eivdlt of the government shall sustain the cheaper is also a proposition widely ivxjog- nimt and well established. Arguments for the immediate free and un limited coinage of silver at Its legal ratio of gold , s v , tus a rule , addresned to the con clusion that the commercial Importance- the United States is suftlclent to enable this country to advance the price of silver muro than one-third , not only hero but elsewhere , and maintain it , if the United States so un dertake. Jn measuring our ability to do this.itshould bo remembered that on March 1 , 1800 , the credit of the government already carry ing nt a nominal value : Of Hlandard bllvor dollars $ Of subsidiary silver Of hllvur uiirllllunU" ! Of Unllvilftatftiiiitos Xl .ii . .l51 Of National bank notes jSir.'v.au In all 1WI . : wi Of this amount the United StaUts notoa owe their whole value to the public faith , and the other items are upheld on a par with gold , by the readiness of the government to ro- celvo them as equivalent to gold , and by its ability to pay gold to creditors if they HO do- mand. To uphold Us credit under this burden the government bud on that day of gold ? HX > , - IKW.OUI hi It * legal tender rofcorvo and f jt.ObS- WS boMldes. Now it Is virtually agreed or , If not , It ought to bo , that failure In the undertaking I to carry lu addition to the burden above but forth , the silver of the world , uiimua the abandonment of the effort for u bimetallic standard of currency and the establishment In this country of a single standard , and that the silver standard. Thou the gold-using na tions would make out of the uidted States the sumo profits ! of exchange which It it al leged Kngland now extort * from India. For. theorize us wo may , the fact remains ami Bhoiild not bo lost sight of that the eommeivo of the world Is based on gold as the standard of value , and the balances of tradonud the ex changes of product * among the great com mercial government. ' ' , even those using silver , arc uiilformerly settled todav la gold , or if iu silver at Its gold valuation. Your committee share to the utmost every sentiment of national pride , but to risk a gen eral disturbance of values , and while professedly - fessedly socking to Increase the rurn'nev to threaten the withdrawal from active circula tion of f.VHI I'J.oo * of gold ami gold certlll- cates now outstanding , relying solely ui > oii the belief that the United State.wm execute such an undertaking , 1s , in our Judgment , an net which men charged with the public wel- fiiro have no moral right to do. To give silver or Its representative full monetary character , and yet Jeopardbio no great c.ummcivlal Interest , at the same than vastly increasing the market for silver and swelling the volume of sound and safe cur rency , is the public need which the accom panying bill seeks to satisfy. The treasury notes proposed will represent at u'l ' times their face value iu bullion , uuii uiiii iiumiui ity uu'ir ness drive out , other forms of currency nur by their dearness bo driven out themselves. Through their instrumentality silver will have free rlruulullon , limited only by the production of the greatest silver pro ducing nation in the world , and bimetallism will be established hi this country at the rce- ognUed eonunoirial ratio. This Is the ratio , which It is the true prov ince of coinage laws to recognize and give ef fect to , and with duo respect to ptst : depreci ation and fuluro anticipated appreciation of silver the plan proposed is submitted us tin1 best prarticahlo one for maintaining this ratio under the present shifting conditions. It is a step , and a long stop , in the direc tion of free coinage at a llxed and agreed in ternational ratio , and , in our judgment , the longest stop which at present can bo safely taken la that direction. It will give present help and substantial encouragement to all our people , and congress will bo always ready to supiwrt it with any future-requirement. It ought to give general satisfaction. It certainly should satisfy the silver miners and bullion owners , Iweause it takes their entire - tire product at the highest market price. It should bo welcomed by tlio-e who be lieve in an expanded money volume , because it will add $ > 0UOUIN)0 , ) or more to our circula tion annually. It ought to receive the hearty indorsement of the great body of agricultur ists , for nn increased volume of inonev al ways raises prices , and so must add materi ally to the value of all farms and farm pro ducts. It should receive the cordial approbation of the millions who toil , because their wages , for the same reasons , must surely appreciate under it. It should bo gratefully received by the manufacturer and tradesman , be cause business must receive fresh impetus from it ; and bankers and timid .capitalists ought to bo content , be cause it furnishes an honest , stable and relia ble linaneial medium. The passage of the bill is therefore recom mended. THIS AKTI2KNOON TI5A. . Don't know about the pen being mightier than the sword , but the blonde t vpmvriler is a mighty .sight mightier. Some men -are bachelors from necessity. They love all women so much that thcv can not do the rest , injustice by loving any ono woman exclusively. ISly rival bought the violets That graced her throat so fair ; And yet I suffer no regrets 'Twas 1 who pinned them there. Gus do Smith How do you like your new horse , Miss Fanny ; Fair Equestrienne Ho does not ride as easy as 1 expected. He Ings at the bit and r.ets as if ho wanted to rim away with me. Otis do Smith 1 don't blame him. 1 f I had bis chance I'd do it , too. Miss F. Why what is the matter with little tlo Mnhclt Ktliel ( whose lather has just made his third matrimonial venture ) O , nev er mind her. She always cries that way when p.ipa gets married. "Was everything lost in the llro ? " asked Miss I'assee , when she recovered from the excitement. "Yes , everything. " "Tho fam ily biblei" "Yes. " "O , how i-elioved I am. It makes mo feel ten years younger to hear that. " Wife Whatever are you writing there so : busily , darling. ' Husband Onlv working at my diary , love.VifoO , ah , 1 sec ! Well 1 hope you've mentioned your little wife in it somewhere. Husband Kather ; I've alluded to you sts the "sun of my life , " und now I'm In the middle of graphic description of the day when you made it so unusually hot for me. me.Ho Ho I love you. Maud. She All right , Harry. And you may keep com pany with me tliis .summer on a few conditions. "Namo them , sweet. " "You must not try to work the bacilli in ice cream racket on mo , nor cut all the drowning accidents out of the papers to show me , nor toll any chestnuts about poisonous serpents at picnics. They won't work. Now 1 think we can get along very well. " Doctor Kcally. madam , If you wish those splitting headaches to stop you must throw away that spotted veil I see you wear. Fair Patient Pshaw ! "But your eyes will be mined if you don't , take my advice"Itosh. . " ( Desperately ) ' 'Freckles are to bo the fash ion next summer , I understand. " Fair pa tient ( excitedly ) I'll stop weaving the veil right away , doctor. "Sylvania , " Mild Algernon , reproach fully. "Sylvniiln , why lire you so cold and distant * You no Iniiger love me. I can sec it plainly. You love Augustus Stublw. " "Alas , Alger non , I confess it. Ilut I am not to blame. You see , Algernon , in .reckoning with my heart when I supposed it wholly yours I for got , dear , that Augustus was in our set and that you weren't. It was only u little Vlori- cul error.1 You will fonjivo me , Algernon , wllVyou noti" "You have only known me n week dar ling , " she cooed affectionately , "and hero all your fear and hesitancy is over. Had you chosen some tiippant , hlgli-llylng maiden in stead , she might keep you dangling unde cidedly at her heels for years. Knowing how smd Iwhi ! ? able to avoid this , " sho'iidded. "is the only advantage wo poor widows possess. " IN THIS 11OTUNDA. William T. Booth of New York city was met at the Millard Tuesday evening. Mr. Booth Is head llnanclal man in the west and a greater portion of the east for thn New York Lilfoinsurancocompany. IIo did the silo buy ing and contract making for eight just sueh building properties us th.it owned by the company in Omahu , which alone represents an expenditure of * M)0OIW ) , wliilo the eight , ilguro up over ( JTOJ1) ) , KJ. ) Ho visits the larger cities in the west ovei-y MX months or bo and it Is bis Hpidul business to keep thor oughly po4to.d on their welfare. " 1 wasin Omaha last during OrtoboiV'snld ho , "und I am mighty well pleased to see what has b'r-n done hero slnco thon. I have H little way < > f my own for discovering how much bnildlnurls going on in a city a.I I visit it from time to tlmo. It Is this : I goto the top of Jho tallest building there is and count the new roofs I can sea , Komi ) people might think that foolish or hardly fair , but I have found It an exceedingly line every-day tost. And today I made tlio sumo test In Omaha us I have done many times heii ; ! and the result was I counted hundreds of roofs that there was . no sign of In Omaha last October. In doing my new roof counting today I discov ered In a moro striking manner than over be fore another point , namely Unit what I HUW Miowod that Mr. Uoiowater , tlio editor of TJII : BII : : , and 1 hit it nearer right than per haps either of us thought when years ago wo both I'ideulatod upm Sovonte'-'nth und Far- mini streets bLvomlii ! , ' UID baslnan center pf Omulia , and decided to loc-ato our buildings at that point "I notice that more railroads , n-.tumg others the largest and best of them , are pushing for a ( Kith through Omaha. This U moro of a fact than many , I will war- rant , of Omaha's moro prominent citizens are aware. It U necessarily a part of m.r work to tulk to contivlllus ofll'-lwls ' iu the railway companies of the countries und particularly In the west. And It Is us a i\ ' . result of Information obtained from mieh men that I um nblo to state that railroads have como to look upon It as a very bad chestjf nut when Kansas City , Minneapolis , St. f Paul and Denver i > eoplo try to urge the ills- carding of Omulm In the matter of transpor tation facilities. The railroad * have had lots of that sort of talk ixiimdod at them In the most consummately skillful manner. T my word for It that today the railroads not yet In Omahn , and that arc within possi ble reaching distance of It mid that means some big lines that will surprise people hero-- aiv privately pulling every string which they know of to at least get In and If pjsslblo go through Omaha. I its of bad blood and good money has been pitted ugaln.st Omaha la ugly ways regarding this matter of her getting moro railroads , bat these force * have given their dying kirk , and the very near ftitttm will prove my assertion , und prove it with a vengeance. "To change the subject a little , " continued Mr. Booth , "St. Paul and Mtiino.ipotl folks are feeling glum , so I found the other day. To begin with they had a Hirhtcron of their stand-bv. whleb U wheat. And then they hud n warm winter which re sulted In the merchants having n very light trado. The glumness shows plainly too , but the two cities urosiirh rivals that they suc ceed In suppressing the unfortunate sltnn- tlf n to u largo extent. " Mr. Booth was asked what sort of a com parison ho now entertained of Omaha and Denver. A broad .smllo came Into his face , and snapping the ashes from his cigar ho 10- plled : "I had the putting of fSOO.OOO Into Omaha or Denver , and the result of my decision is found at the northeast corner of Seventeenth und Farnam streets , Omaha. Denver is a lively place , but go out of It forty miles and you run up against the Ifoi'ky mountains. Omaha Is situated In a corntleld which extends 000 miles all around It , with several other grain Holds of the same sl/e ; bor dering on this one. " "Your company building In Kansas City was completed the same tlmo as the ono in Omaha , was itnoU'1 was asked of the New Yorker. "Yes , " was his roplv. "How do tlio rental llgimw of the Kansai City building eomp.ire with those of the onu hero ) " "No material difference whatever. " "How does the w.iy in which the buildings are lilling up , compare ! " "Tho building here in Om.ilni is filling up much moro rapidly , and I will add right hero , " continued .Mr. Booth , "that our com pany is pivp.iring to invest still mure money in Omaha. " George W. Burton , a banker and fanner of Orleans , Hurlan county , wasin thoeilyTues day , and said that times were brighter in Unit locality than they had been .since tliu crop failure of'.SI. ' The main source of revenue for onv runn ers , " said Mr. Burton , "consists of their cat tie and hogs. Cows wliieli last year sold forl ! and ? lt a head now bring ? 10. "We have reason to expect a good immigra tion into our part of the stale this .summer. Immigrants can buy improved land there for $1 an acre and this fact should also attract eastern capital. Onrcrops have been good butt prices low , giving ; us a result , rather band times. The fact of the matter is that some of the farmers out my way are too heavily inorl gaged ; have ton many debts and do too much debt-trailing. But our cattle market , improving as it Is 113- commis sion men buying out there and then shipping the stock to South Omaha , is sum to do a great deal if not all thai is nci'R.ssary toward effecting a radical change for the better among us. "As to politics I don't know of imirli to .say. One thing , however , will certainly'bear slat- stating ; there are .sixteen fanners' alliance organi/ations in Ilarlan county , all doing nicely I understand. 1 think the question of freight rates bids fair to bo rather over shadowed by the prohibition issue during tlio coining campaign. " A well-known eitUen of Fremont who has just returned from Norfolk Is in Omaha on business. In speaking of the development of tlio country lie made ivforairo to tlio fair which will be held at Norfolk in September. The association has been in existence for three years and is bound to bo a paying insti tution. The city of Norfolk is situated so as to tap the very best country in the northern part of the state , and a district , fair there cannot - > not fall to be a success. The association has purchased sixty acres of ground and has erected buildings for the purpose of a fair. A complete ixwganhation was effected this spring and it was it-solved to plnno the asso ciation on n solid tliiuneial foundation. To do this now stock 1ms been issued and has been placed on the marlcet. A largo share has al ready been taken up by HUIIIO of the wealthy residents of Norfolk und vicinity who huvo great faith in the MICCOSS of a district fair there. A number of farinors of Madi son and surrounding counties have interested themselves financially in tlio association , which guarantees that tin * ngrlciiltiir.il interests of tlio northern part of the .state will be fully represented at the fair. The directors also propose to organise a "market day , " or exchange , to bo held monthly , when the farmers can assemble und barter , trade und sell their products. Tills is u sample of wind enterprising bnsi- . ness men run do , und the Norfolk elti/ens uro not slow In realize tlio advantages that will accrue to them. To DIMMISH Disarmament. Biiliux , April Ki.The Vollcsblatt nays It is probable that the question of a general ISuropoun disarmament will bo brought bc- fore the rcichstag at the coming suasion. Itoiill WASHINGTON' , April 10. - [ Si > e < : lal Telegram toTniBKi : . ] Bond.sofremlft : < ) ll.IXatl.'J-J ) ; When Ilahy was slclf , wo g.ivo lier Costortn , When slut \ina a C'UIM , she c-rleJ fur Cah S'hrn iho Ijecatno Jttoi , she clinic ' Wlu'ii die ! uJ ChlUivn.sliociiva tlivm Ciu > turlu , OMAHA LOAN AND TRUST COMPANY. Kabsi'Hbnd A fiiiurantcud f'apltal t'M.cm I'uldlnCiipllnl IlVj.wi HII.VH und H'lls Monies anil bonds ; negotiates coiiuiM'iitlul | m | > cr ; leci'lves and executes IliiHl.s ! Dels us tianifel' UK 'nt and trinlec | of corporation * ; tal.es , ulmrxo of pioporiy ; col lects tU.Mlb OmahaLoan & TrustCo SAVINGS BANK S. E. Cor. 10th and Douglas Sts. I'uld lii ( 'uidtiil JM.OD ) Subscribed und ( iminiiitffd Ciipltul luuuoi Liability of HtoeMioliliTH * > MWJ ft IVr Cent Inteiest I'uld on ll.ioili | * . I'ltANK .1. I.ANtJi : , I'listhliT. onicpri : A. I' . Wynmii , imoliltiiil : J. J llruwn , vlro pnwlilvnti W.T. Wjriiiun. iH uror Illrvcturii ; A. U. Wrwmii , J. II Mllliuil.J J. llniwii , linxO. llurldii , K. W. Nnoli , Tlnmm * J KltulMll , ( juurifo II. Uiku. l-iiuns In uny amount iimde on Hty A. I'una l'ro | > rity.niiil < m i'ullut rat fi-cmil } . al IM * ' ebl iute > < ui'luuU
