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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (July 13, 1891)
G THE OMAHA DATLY BEEUMONDAY , JULY 13 , 1891 , FOREIGN FINANCIAL REVIEW , Dealings Unusually Mcagro Throughout the Leading European Money Centers. BUSINESS AGAIN LISSAPPOINTED BULLS , I'nrls Prfocs Sllnlilly Ailvnncctl Wllli It Kiilnr Current of Transac tions 1'rnnlr.rorl IlonrHO Vciy Quiet , ION box , July 12. Thcro wnn rather moro Oomnnil of discount during the pnst week nt 1 % per cent for tlirco months and Jf per cent for short. The dead season has sot In on the stock exchange. The miirkcts nro absolutely Btagnnnt und although quotations inovo up nnd down , denllnfis nro unusually incuRro The cxtromo cheapness of money assists In vestment in Blocks , but no spirit for business exists nnywhcro. In foreign securities there were sharp fluc tuations In I'ortURiicso during the week , the result of Friday's close buhiK n rlsu of M per cent on the week. Spanish closed per cent up. South Ameri can securities wcro lint ; Uruzliinn relapsed 1 nnd Argentine \ per cent. Knpllsh railroad securities showed a pcnornl upward tendency on Improved trafllc on American railways. The course of business ajjaln disappointed bulls. Every now nnd npulu prices improved , only to relapse cwlnt ; to lack of genuine pub lic support. The week's variations in prices include thu following : Increases : Lnko Shore , 1 } per cent ; Louisville & Nnshvillc , 1 # per cent ; North crn Pacific preferred , % percent ; Central Pacific. Union 1'nciflc nnd Wabnsh , pre ferred , yt per cent each. Decreases : Den ver , preferred , yt per cent : Norfolk , pro- ferreu. 1 ucrccul ; New York , Pennsylvania & Ohio nnd Ohio & Mississippi , X per cent each There was so mo demand for Canadian securities , Grand Trunk tlrsts and second preferred advanced " per cent ouch , and third preferred and guaranteed \ % per cent each. Mexican railway was weak ; seconds nnd ordinary rclapsod 1 percent. Of the tnls- cellaneous securtties Hell's Asbestos dc- rn-aserl * < per cent on the week , and Iludaon Hay Ji per rent. Havana Trade Itcvlcw. HAVANA , July 12. Thu sugar market was quiet during the past week. Holders were too high for buyers and in consequence n very Mnnll business was transnctcd. STOCKS Scarce , with quotations ns fol lows : Molusses sugar , regular to good po larization , fa.rJXC.J''JSJ . Mubcovado for peed refining , 90 degrees polarization , S-MUJ-J & 2.2.1 ; centrifugals , 1)2 ) to ( Hi degrees , $ i.GSJ . Stock in warehouse at llavumi , ( iSS boxes , 1.2711,000 bngs , ,800 hogsheads. Receipts for the week , 11.1US bogs and ! ii ; hogsheads. Ex ports , .V.1,000 bags , fiO.'t hogsheads , of which ii , ( IUU bngs und 1-18 hogsheads were to the United States. BAON ( $1.85. HUT mi Superior American , $13 gold per quintal. Fi.ofn American , * 18 gold per barrel. HAMS American sugar cured , ? 17 per quintiil for northern ; Wi for southern. LAUD in kegs , $12.50 gold per quintal ; in tins , $1-1.75. Lr.Miiiu : nominal. SIIOOKS Nominal , HIANS : White , JO. 70 gold per quintal. CIII.WINO TOIIACCO S2.-10 gold per quintal. Ilooi's Nominal. BXUIA.NIII : Quiet ; London , per cent premium. Sl'ANiaii GOI.II ? J.au I'crlln Ilcvicw. Btnci.iN , July 12. Prices were very firm on the bourse during the week. Emperor \Vii- lium's Biioccli in the London Uulkl hall produced an excellent cflect on the market. Prussian consols yesterday rose 1 'j ; per cent on the day ; Uus- Binn lj < j nnd other foreign securities ? . Lo cal speculative nnd mining securities also ad vanced. The closing prices of yesterday were : Prussian , 100 ; Dcntscho bunk , 151.10 ; Mexican ( Is , 0 roubles , 224.115 : Uochumers , 112 ; Ilarpeners. IbS ; short exchange on Lon don , 20.M' ! | ; long , 20.18& . Private dis count , 3' ' _ Frankfort Itcvlciv. FiuNKFOKT , July 12. The bourse was quiet during the week pnst. Prices were llrm. The closing quotations of yesterday include : Italian , 02 ; Hungarian gold rentes , 01. 40 ; Portuguese , ( XI ; Spanish , 71UO ; short exchange on London , 20.1)5 ) ; private discount , 8 % per cent. Itovlcw. P-Uti ? , July 12. On the bourse the past week thcro was n steady current of business which enhanced prices. Tnreo per cent rentes ndvanccd ! iO centimes on the week ; Credit Fancier shares , 5J.f franco ; Itio Tintos , HJji francs ; Bank of Franco shares , 45 francs und Suez Canal shares , 20 francs. Information Krco. Do yon know that any old sere or cut oan bo absolutely cured by the intelligent use of Hullcr's Barbed Wire Liniment' ; Bo merci ful to your horse and try It. . \J111S OP XOMlTIHt'JSST. Otoo county needs n now jail. The State bank of Morse Bluffs has been organized. The Hitchcock county fair will bo hold nt Culbertson , September 22d to25th. The Ulysses milt dam was" washed out by the heavy rains , causing a loss of $2,000. The old ooldiers of Saline county will hold n reunion In Henry AppU-cato's grove near Crete next Wednesday , Thursday and Fri day. day.Louis Louis Sinlthburgor has been appointed clerk of Stantou county to succeed \V. F. Sharp , who recently lost his life through drowning. A mad dog scare existed in the neighbor hood of Springfield , Siirpy county , last week nnd n number of canines wcro killed. No persons wcro bitten. J , F. Johnson , ono of the best known resi dents of ICdgar , died ns the result of arsenical poisoning. Ho was n prominent Oddfellow urn ! was burled under the .direction of that order. Mrs. Nnnoy Llttlo of ICcnnccco precinct , Dnwson county brought suit nunlnst her husband on thu charge of having stolen two hoi-s.es from her on the night of Juno 22. The evidence was not suillclcut to convict und bo was acquitted , Thu Wnhoo Wnsp has changed hands , Smith & Suhram retiring and being suc ceeded by Wright & Pylo. Under iho old iimmtKcmont the Wasp has been ono of the very best weekly papers printed In the .state olid the promise Is made that the new owners will not allow it to deteriorate. William Smith , n colored veteran of the Into war residing at Nebraska City , was ex- nmltied at Plattsmoutu for u pension and the board recommended that ho bo granted fS n month. Being without funds Smith was forced to walk to Nebraska City. The exer tion proved too much for him und ho died In n few days. John Heath nnd his wife of Washington county nearly lost their llvoa by poisoning * the other day. They were taken suddenly ill and n physician who was summoned declared they were HtilTerlng from arsenical poisoning. Proper remedies were applied und their lives wcro saved. A daughter who nui nwny with a circus nnd was brought back homo was suspected of having adminis tered the poison , tmt she denies all knowl edge of the crime. The old fabto about the boy who ? cried , "Wolf , Wolf , " had n counterpart In IJundy county thu other day..ibo Shufcr , n brick- maker , went in swimming In a lagoon near Ough In company with two vqung men. Ho slipped Into n deep hole , ami when ho ctimo to the Hurface ho screamed for help. Ono of uls coinimnlons dragged him out , but shortly afterword ho slipped in again nnd once moro screamed for help. Again ho was rescued nnd then ho laughed at his companions , say ing ho had only been fooling them. In it few minutes ho fell into the same hole a third tlmo und screamed , but thn boys concluded not to bo foocd | any moro , Shu for disap peared under the water und when ho fulled to risa to the surface his companions realized the situation. They dove for the body but flld not recover It for thrco hours. TUo hole j in which ho was drowned was an old clay pit which Shafcr bad dug himself. lown. Hnylng nnd harvesting hiu commenced In the southern part of the state , An cge on exhibition at Grand Junction is nine Inches In circumference and weight six ounces. Grand Junction grain dealers are offering to contract the new crop of oats at 21 cents per bushel. A row , accidentally shut up In a barn nt Cedar Kuplds , stayed there four Weeks with out food or water. A painter locked up In the Uubuquo county Jail Is decorating the walls of the building with landscape views. G. M. Jnmlson of Ford complains that green Uco are destroying his npulo trees and wnnts to know \vliai , will kill thorn. The annual encampment of the Sixth regi ment , louti national guards , will bo held ut Webster City , commencing July 20. Fred Dear , n fifty-year-old carpet weaver , has deserted his nlnotcon-y car-old wife In Uubuquo after mortgaging all his property. A move 'is being made at Hamburg to secure n Joint discussion between the thrcn candidates for governor early lu the present campaign. Oliver TIbbcts , n'u old settler of ICossuth county , and his daughter , a young lady about twenty-live years of ago , were both buried in ono grnvo at Algona , Mayor Duncan of Burlington has nskcd for moro police to aid in looking alter the licensed st loons and other Irregularities In that city. Thu present force , ho says. Is inadequate. Harry Long , n boy eight years old , caught onto a moving train ut Now Hampton and v/as thrown under the car. Uls leg was crushed and i-ut oft near his body and ho died in thirty minutes after thu accident. Duhuqiio rcoplo nro signing u petition to the district court asking tout the noisy - electric tric street cars be enjoined from running nt night , or clso some kind of gearing bo sub stituted that will do away with the nubanco. Walter Spollman of DCS Molncs captured n butglar and was holding him when n ilriinjteu pcllcoman came along , nnd thinkim ; Spcllman was the burglar knocked himscnsc- ii'ss with n billy. The real burglar escaped. William Storey , a veteran of the Mexican war , died at his homo in Dubuque county last week. His death leaves but lour survivory of that war in that county Hugh Smith , James Kowiui. James Carpenter and Henry Kelly. John C. Irwin of Marcus township , Chero kee county , lost a large .sow weighing nearly four hundred pounds in the late deluge , and found her iillvo and well flvo miles below his home , she having evidently bwiim the whole distance. The superintendent of the Iowa Iron works at Dubuque has announced that arrange ments have been completed whereby the plant will bo removed to St. Louis , ft will probably bo about a year before the works will be removed and in the meantime they will be operated In Dubuque. Great preparations tire being made for thoraces races nt Knoxvillo. August 11 to 14. The now mile track will bo formally opened nt that time and some great sport is expected , as the track is very fast. All the stakes and purses amount to $1,000 to $2,000. Twenty- eight horses are already paid up in a single race and all the other events are well filled. On the llrst day ladles will be admitted free. Excursion rates will bo given on all roads. W. F. Gault , an old nnd respected resident of LcClalrc , went on an excursion up the river with n party from his village on tlio Jo Long. On the way homo after dark In some manner Mr. Ganlt walked off the bank into the river. His cries for help wcro not heard and he was left to battle the waves. He kept alloat down the river two miles and landed ut Cordova , where n man took him in n skllT nnd put him on the Abnor Gile , which landed him at his home. His family , who wcro on the Jo Long , hud not oven mijscd him. They have some practical Jokers in Dickin son county. The Lake Park News 1ms the following : "A wedding is said to have taken pb co in Excelsior lately that was not down on the regular programme. A young man dressed in his sister's clothes made love to a young man of the township , nnd in duo course of time received n proposal of mar riage , which was accepted. The wedding came off ns ngreed upon , but the same eve ning the 'happy husband' was chased nwny from the home of his bride with an nx , nnd ho has been afraid to show up since , proba bly being onto the Joke by this time. " Mrs. Wlnslow's Soothing Syrup for chil dren teething softens the gums ana allays all pain. 25 cents n bottlo. A Puzzler for the Doctors. The physicians of the Mtiryland Uni versity hospital uro puzzling' their brains to discover whether Frederick Beesingor is su'Torinjr from u trouble ot interest to the medical profession on account of its novelty or whether ho is an adopt in the art of simulation. On last Wednesday morning Beesinuor was found lying ap- purontly unconscious at the corner of Baltimore and Pine streets. IIo was taken to the hospital , where ho has since remained in a state of coma. llaving1 tried all the usual means to revive him , as a hist resort ammonia was applied. As hooti as ho inhaled it ho became conscious , but became unconscious ajjiiin immedi ately after its removal. While under its influence he stated that ho came from Milwaukee , but this was all that could bo fjot from him. All day long ho lies in his cot blankly staring at the coiling. After a consultation of the faculty the doctors have decided tfint his ailment is a form of hysterfn. The strangest part of his trouble is that ammonia is the only thing tried yet that has any olToct on him. As soon as a towul saturated with it is placed to his nostrils ho be comes rational in a moment. To bodily pain ho seems to bo insensible. Pins stuck in his llcsli are unnoticed by him. A galvaiiie battery roused him for a while , but thoolVcct was not permanent. Use Haller's Gorman Pills , the great con stlpatlon and liver regulator. Well on : The professional beggars in Paris , who stand at church doors , on the bridges , or other good corners of the French capital , are very often richer than most of those of whom they implore charity. It Is no uncommon thing to hoar of important sums of money being found ut the lodgings of deceased men dicants. Till their death they generally try to keep their secret , but a beggar who was for many years known as Pore Antoine , and who used to stand on the stops of tlio Church of St. Surplice , seemed to like to boast of his wealth. Not long ago ho , in a moment of temporary in sanity , brought on by illness , throw him self out of a window ami was killed on the spot. A nuui named Guillumin , to whom he had promised to leave his for tune in conHitloration ' of being provided for in his old' ago , at once appropriated the money , amounting to 1)0,000 ) francs. Cunning Pore Antoine hail , however , made u will leaving all his worldly goods to his nephew and cousin. Guiilemin restored 70,000 francs , but ho was con demned to two years' imprisonment because - cause he kept the remaining 20,000. Gcsalor'sMagioHcadnuno Wafers. Cures nl hcmltchcs in 20 minutes. At alt druggists To Clear Your \ ViiHlilivl ) 1'ljui. Just before retiring at night pour into the clogged pipe enough liquid boda Ive to fill the "trap. " as it is called , or the outlet. 13o Bute that no water runs into it until the next morning. During the night the lye will convert all the ollal into soft soap , and the llrst current of water in the morning will wash it away and leave the pipe us clean as now. DoWllt's Little Early Ulsers. Bestlittlo pill ever nmile. Cure constipation every time. None equal. Use them now. KnlHO Teelli. The manufacture of false teeth for horses is a new industry just opened in Paris with a capital of 2,000,000 francs. DoWltt's Ltttlo Ku'rly UUors ; best llttlo pills for dyspepsia , sour btomaclrj bad breath. WAREHOUSE AND GRAIN LAWS Elevators and Inspection Essential to the Making of a Market , NEBRASKA'S ' LAW A VERY GOOD ONE , Interviews with Groin Men of Oilier StatcN Ile nrdhiK the Operation of Their Warehouse- IllHf.CUtlutl JjlUVH. Although the stntcs of Illinois , Missouri anil Minnesota long ago passed warehouse bills providing rules ntul regulations for the storage and Inspection of grain , the recent action of the Nobrnska legislature in the snmo direction has been the occasion of n great deal of comment , especially by the casturn press. As passed by the legislature there Is nothinc especially striking about the Nebraska law , which was copied after ttio laws already In existence In iho older states , but under the wrong Interpretation of cer tain papery it has been made to appear In the light of something now In legislation. It has been compared to the sub-strcusury scheme and has been laid at the door of the farmer's alliance , wncn in reality the members of that organization wcro Inclined to oppose It in the legislature. It has been further represented Hint the state will Issue receipts to farmers \vtiich will bo negotlablu In upon boiu-ds of trade , and furthermore that such boards arc springing up nil over the state and that farmers can gain admittance to them by paying a small sum. Some eastern papers have been giving large spuco to suoh nonsense , and it may not bo out of place to recall n few facts regarding the Nebraska warehouse bill facts which have already been published In these col umns , but which anpcar to be lost in the great mass of rubbish that bus been pub lished on the subject. The Nebraska warehouse law was copied from -the Illinois law without any ossuntial changes , us it was thought Unit a law which had been in force for so many years and which had given such general satisfaction , would prove equally successful in Nebraska. This refutes the claim that it is an experiment or some thing now in legislation. Tiio Nebraska warehouse law has for its object the Improvement of the facilities for bundling grain within the state ; in other words , it was designed witli tUo object of transfering some of the grain business now done in eastern cities to Nebraska. Nebraska grain men wore of the opinion that ut least some of the grain mown in this state ought to bo storc.il hero and sold direct to the consumer instead of being all shipped to Chicago or St. Louis and held in storage there. In order to do this it was necessary to liavo an inspection established by law which would give Nebraska grain a certain standing in the markets of the country. It was also necessary to provide laws regulat ing warehouses which are as essential to n , grain market as stock yards are to a live stock market. The law does not affect private elevators but only such as declare themselves public warehouses. Summud up in a few words the Nebraska warehouse law makes it possible forcutor- ptlslng mon to put money Into elevators and build up a gram market in the state in the same way that capitalists a few years ago invested money in stock yards at South Omaha and built up a great stock market. That is all the law is expected to do. The Nebraska legislature did well to copy after the Illinois state law which has proved a great success and given general satisfac tion , which cannot bo said of the grain laws of some other states. Interviews with a number of Chicago grain men which were recently published in Tin : Bni : brought out the fact that they are well pleased with the operation of their laws and that thflir aavico to Omaha was to ailout the sama rules as re- cards the inspection of grain as prevail there. The warehouse laws under which Minnesota seta grain is handled were passed in8i5. \ . They are generally satisfactory to both the farmers and the gram buyers , though the past two years the operation of private ele vators has to some extent hampered the commission. The laws themselves are re garded Just , but tno enforcement of them has in some cases been so lax us to cause a great deal of adverse comment. The invest igation of what is known as "tho Duluth wheat steal , " which was in progress nearly two months by members of the two houses of the legislature , grow out of the looseness of the inspection department at Duluth , and there is a disposition in some quarters to connect the commission with" the trouble. About 250,000 busnols of wheat has disappeared from the Duluth elevators in the past live years. A great deal of this was shipped out as screenings in 188(5. ( A lurge quantity of wheat in that year was bin burnt , and the inspection department explains that it'choso this method of getting rid of it rather than to publicly announce that the wheat was spoiled and create a panic in the irnun markets. In some quarters it is charged that when this grain reached BuiTalo it was civen a high grade and several people enriched by the Jugglery. There is nothing but favorable comment among the millers and fanners for the Minnesota law , par so , but thcro is a deal of grumbling n.ainst the inspectors. Charles Cannlne , the Duluth grain buyer , insists that wheat is often graded No. 2 in the country and turned Into the elevators as No. 1. II. U. Stoulock , the Hendrum grain buyer , says his profits have all been eaten up the past two seasons by prejudiced grading and heavy dockauo. W. A. Scott , the St. Paul buyer , says there is a combination umoiur the elevators and inspectors specters to bear prices uud undergrade gr.iln. The Missouri law has proven still moro un satisfactory , The grain commission men of Kansas City are not favorably impressed with the warehouse law of Missouri : in fact they cannot express themselves sufllciontly to show thuir opposition to it. They claim to represent the sentiment of all largo grain dealers in the state when thov say that the law as adopted by Missouri is impracticable , unreasonable and unjust , Is hurtful to the in terests of the farmers and bcnollts no one ex cept the imlloivi and small elevators. Of a dozen of the leading grain commission men in the Exchange building who wore Inter viewed by Tin : Uii : : , all had the snmo objec tions to find with the law , and all volun teered the prediction that If the Ncrnska law had been copied after the Mis souri measure It would have proved n fullura and a sore disappointment to the farmers of the state. In this respect , while the opinions may bo rather one-sided and partial , it mav still bo interesting to quote several of the leading grain mon above referred to. Mr. Davidson , of iho Jinn of Davidson & Smith , says the Missouri law is , in the llrst place , too stringent. Elevator companies can not live up to Its provisions. It imposes a large additional expense upon them and re quires such an explicit and minute report as to bo Impossible to comply with It. The law Is unjust , bucnuso it makes its pro visions only nppllcniila to elevators with a capacity of COXX , ( ) oushols and over , while elevator. , below that capacity can do as they plr.aso and carry on a business that , under the law , would bo n crime If done by thu large companies. The most objectionable feature of the law Is the clause relating to the mixing of grains , a system which It pro hibits altogether In the regular elevators , or those with n capacity of 60,000 bushels or over , or which want to do a general ware house business in handling gram for the farmers and issue receipts. Without mixing grains it is simply Impossible to do business , as the only thing a llrm can do in handling everybody's ' grain , of as many different qualities as there are seller.is to mix it and muko a unliorm grade to supply tliu demand. Now the injustice of thu law comes In hero where an elevator with a capacity of10,000 bushels can handle every farmer's grain. Issue receipts for it , clcnu It und grade It just as though ttioro was no such law In existence , while a larger elevator must comply with the law in rcgurd to mixing , reports , etc. , or do busi ness simply as a private company and handle no other groin except tr.ot of the llrm. This is what all the large companies are doing , They do a strictly private business , mix their own grain as they please , and the former gets no bcnclit from tno law. Ttio law , it Is tlrmly believed , hurls the farmer to the extent of S to 10 cents per bushel. To bcconm a regular elevator under the state law of Missouri the company is compelled to give a heavy uoud , lloforo the now law went into effect the Union elevator , of which Mr. Davidson is a member , could handle any one's grain and issue receipts for It , but now the company la doing only a prlvulct.business. The grnln men are all In fiivprof the Inspection law. but every member dftho exchange entered n vigorous though ( Uofejs protest against the bill when It was pending In the legislature. Thomas Uest , n lariro exporter , says the ex port business from Missouri has been killed , as the new law provoats shippers from mak ing n uniform grade from the multiplicity of grades received , consequently not. sufllcietit of ono grade can bd received to 1111 an order of any consequence The law Is all right for the millers and the , sample trade , but It Is absurd when tt upnjcs ) to ttio bulk of the grain business. Sumo firms ore building small elevators to get around the law , whllo others are moving n'qnm the river Into Kansas - sas , where thcro Is a stringent Inspection law but no obnoxious warehouse , nou-mlxlug business. Mr. Fisher , of the Armour commission company , thinks the taw , as in force , a mil- fltincc. burdensome. There Is no market from Sail Francisco to Now York that Is not a mixing market. It must be done In order to do business r.nd supply a uniform grade of grain , The company's largo clovator burned down some time airo , but will not bo rebuilt , as the company cannot afford it under thn now law. The Ititcr-Oeonti elevator was the only one that tried to operate under the now law , and It went under In n very short time. Hut ono clovator has been built in Kansas City since the law went Into effect , but n number have been put up on the Kansas side. Just an the elevators handle less grain , so much loss Is It to the bcnollt of the farmer , and forces him to sell as the elevators want it , Instead of storing It , as was done before the law. Of course the farmers would gain If the elevators could go on losing money in trying to run tholr busi ness in accordance with the now Jaw. Other objectionable features to the law are that ex penses will bo increased at least ii'i per cent , and the reports which the companies are compelled to muko can not always bo verified under oath , because It would require too minute an examination of the crain. The law is practically Inoperative In Missouri , and largo elevators are simply handling their own grain and have not quullllod under the warehouse law , The other commission men Interviewed practically repented In substance the opin ions of the gentlemen above quoted , and all were emphatic In that the Missouri ware house law is an unjust measure , and is rcallv working to the farmers' detriment. All , however , wcro In favor of the grain inspec tion law. AS THE llAUjilO il > S SEE If. An Interview 011 the Important Ques tion of Kreiglit KatcH. Mr. Charles J. Greene Is attorney for the B. & M. railway and has views of his own on the question of reduced froft'ht rates und cheaper transportation in Nebraska. In reply to a question of a BCK reporter , he said he had very carefully road the article entitled "Tho Path to Salvation , " which appeared In the editorial columns of TUB I3ii : : on May iiS. "Have vou any objections to stating your views upon the suggestions .therein as to what ought to bn done to bo savedi" was asked. "I hu.ve no particular objection to stating my views , though of course I do not atroo with those suggested by Mr. Koscwator in his article , " replied Mr. Greeno. "I'ho sub ject resolves itself into two propositions : "First , admitting that the local rates of the railroads of the stato'nro unjust and unreasonable enable , will it help the party at this late day to rcduco the rates either through legislation or through the action 6f the board of trans portation ? Any effort in that direction would bo solely for the purpose of capturing a portion of the independent vote ; but I cannot see how it would avail us now , inas much as the independents have mot with considerable success in recent elections and are , therefore , strongly impressed with the idea that their party is to bo the ono of the future , especially in the west , and any effort upon behalf of the older parties to'steal their thunder'will not only fail to capture any portion of their vote , but will necessarily disgust und alien ate a , { reat many who do not. believe that further railroad legislation or regulation is Accessary or udvisublq under present condi tions. "I do not see how the independents ran make any capital out of their exploits in the last legislature. They claim they wore sent there to regulate railroads ; they simply at tempted to enact a law which amounted practically to confiscation , u law which could not meat the approval of the deliberate Judg ment or conscience oiynterests of the state. . Hud they desired to regulate the railroads they could have framed a bill which would have become a law and which might have satisfied the more conservative element of the people of the state , and the efforts of the members of the legislature to defeat the bill was not so much n protest against regulation of railways as it was against unjust and un reasonable legislation. There is more danger in too much regulation than thcro is in too little regulation. The o > vners of railways must be permitted to earn a reasonable amount upon their investment , and it seems to mo that whan the people 'como to consider thcso things calmly and dispassion ately , they will realize that a system of tr.iiis- l > orlution charges much lower than any other state in the northwest , not oven excepting the state of lown , is not fair to the railroads of this state. So far as the action of the panics represented in the legislature at the list session is concerned , both republicans and democrats favored a reasonable law , but tholr voices and their votes were drowned amid the clamor of the independents for such a law as would inevitably cripple , not only : ho railroads , but all the business Interests of the state. Therefore , 1 say , that upon the record made by the parties of this state , I do not see wherein the indtpamUwts can gain anything whatever over either of tno other imrllcs. y. The idea of n further reduction of rail- oiul rates is based on Iho assumption that ; ho local charges by railroads for transporta tion in the state of Nebraska arc unjust md unreasonable. I cannot discover any grounds for this assumption , It Is well mown that at present the llnnnclal condition of the country is in a precarious situation ; that railway properties in thn last two or three years have depreciated to the amount of $3,000,000,000 or ? ; t)00OUO,000 ( ) ; that railways everywhere have reduced their expenses enormously , discharging em- iloyos , postponing repairs , discontinuing .ho construction of new roads and , in fact , economizing in such way us to take out of the property itself. Yet , notwithstanding ill these reductions , the trafllo IMS been so iirht tnat the llrst six months of the iresont year show a decrease of over 5-1,000,000 as compared with the corresponding spending six months of lust year ; and use the fact is published that ono of the largest railway systems in the west has fallen short of Its charge ) and ox- lenses during the tlrst six months of the iirescnt year something llko $200,000 These : ondllions and showings have created a dis- rust in the money muntet of the country , so that those who nro carrying the burden of railway maiwgoment/nad operation are serious - ous alarmed as to wli imay , bo the ultimate result. It Is well known that during the last two years rates have been greatly reduced , especially through rates , and also that meth ods long used ton malrtainlng rates have been declared Illegal ; which has brought ibout a condition of constant warfare-In which the weaker railways are being driven to the wall and 'Hut ? stronger ones to the verge of bankruptcy ; 1 do not say that what has been jdouo ought not to have joon done , but T. ' , , io | insist that , view- ng the history qf ; the lust thrco or four rears and the cnoYinous changes which invo taken place.iu und thu condition of the country "ponorally , that rail ways should have aibrcathing spell. They should bo permitted toihuvo a llttlo time ut least In which to readjust themselves to the altered condition of things. "When you consider the vast and compli- : ated nature of rullwuy enterprises and the fact that so much of our national and local > rospority depends upon their success , it seems to me that wo ought to cease from as suming that r.nlroids nro an unmitigated evil , and trout them as wo would any other business or institution. Our state Is yet Doling and needs many mile ? of additional allrnadd. Thus far in its history and de velopment no citizen of NolmisUu bus In vested permanently any money in their construction or operation. What ever has been done but been .hrouL'h the aid and oaoivry of rorciiHi capital and capitalists. Just how eng thost * in the east who have money to in vest will continue to do so In Nebraska and other western states with all iho possibilities of unfriendly legislation shadowing thorn , Is not a dlDlcult question to answer. Thus far our state has comparatively escaped the greater evils which have fallen upon some of > ur sUtor states , but if wo are ta glvo way to the constant Importunities of the dema gogue and the politician and permit thcso things to go on , "all for lha glory of party" wo shall soouilud iho hour of roctiouluj ; at linnJ , niul In the disasters of thut tlmo wo shall find the cnnso of the imrty Involved In n common calamity with all the liusinoss Interests - torests nna hopes of the stnto. . These views may seem n llttlo pessimistic , but ono has only to visit the money centers of the cast nnd talk with ttio financiers to ro.illzo tlio gravity of the present situation. I therefore unhesitatingly say that I do not approve of the suggestions contain oil in the article referred to. I bcllovo I am right , nnd that the future will dcruonstnto It , " "Do I understand you to sny that the agita tion of railway charges for transportation should bo discontinued entirely by the republican party ! " "I believe the republican party of this state should always do whatever tlio highest peed of the people of the state demands , and If , under existing conditions the subject of further railway legislation should bo twr- mlttcd to rest for avbllo , the republican party ought to have the courage and the man hood to say so. Why , think of it , there Is not an enterprise or n business In the state thut could relatively stand for o year the assaults which have been committed against tlio railways , mid at this tlmo when everyone Is hard up , when there is n scarcity of money , or nt least when it Is almost Impossible to obtain it , and when anxiety atitt distrust are widespread throughout tno lau-J , and es pecially when so much has been accomplished In the way of reduction of rates mid of other wise regulating railroads , is not it reasonable and Just that they , with nil tlio Interests at stake , should bo permitted u llttlo tlmo in which to recuperate ? "Nobrasita , as a matter of fact , has lower through rates Until any other one of the northwestern states , and in the matter of local rates only those of Illinois and Iowa are lower. Everybody knows that the Illinois railroads huvo-all the business of the several states north and west of It , and Its own enormous local tratllc , centering In Chicago ; but even the railroads of Illinois are not having a picnic l > v any means. So far as- town Is concerned , it may have succeeded in regulating railroads tea a point uclow where tliey are able to earn anything above operating expenses , but It has also succeeded In fixing in the mind of the people of the cast that It Is a state very much to bo avoided when It comes to u matter of Investment. The depreciation of values In the stuto of Iowa , both in the towns nnd In the country , Is sltnpli enormous , and while generally referred to the effect of prohibitory legislation , it is largely attributable to the wholesale slianghtor of railway in terests. What the people of the state desire is moro money , moiv Investments , moro enterprises , more activity , none of which can como when the people , or a consid erable portion of thorn , nro continually de claring their antagonism to the influences and interests through which thcso things must come , if r.t all. "I do not know that I care to say anything further , except that thcso views tire my own. \Vhilothcymaviiotbo in accord with these of some of the leaders of the party. I bellovo they will meet the approval of the best judg ment and experience and conscience of these who have at heart the interest and prosperity of our state. " If you dccido.froni what you have heard or readthat you will take Hood's Sarsaparill , do not bo ind uced to buy any substitute instead. MISUSKI ) TiltUH IMS ES. Clergymen anil OthcrH Who Can Get No Store Passes 1'roin the Ituilro.ulH. All interesting monthly publication which can't bo bought ut tiny prico. siiys the Now Yoi'lc Sun , but would iiuiUo mighty interesting rending for ti good iiiiiny folUs , has just reached its fortieth number. It is issued "for the exclusive ufeo of those persons to whom it is sent , " and lest anybody ciso should got hold of u copy nnd begin u libel suit the pub lisher has omitted to subscribe his ntuno und address. Tills publication is called the "Oonlidcntial Memorandum , " and it is issued by the railroads for their own uso. It contains the names of persons blacklisted for misusing pass privileges. Nineteen of its pages are devoted to blacklisted individuals and seven unges to the names of papers which have violated lated good faith in the matter of passes. The papers on the list are all weeklies , and include many trade papers and ono or two of religious complexion. The "Confidential Memorandum" does not mince words. It describes a certain theatrical agent as a "d. b. , first water , " and boldly calls tv citizen of Houston , Tex. , "a fraud. " There are numerous clergymen on this black list. There is ono from St. Francis , Minn. , who got there because ho'altored and loaned the half-faro permits given him by a. rail road. Another clergyman , this ono from Santa Fo , is charged with altering his permit so as to include his wife , and a former member of congress got on the list for loaning his pass , a fate shared by a member of the Iowa legislature for a similar reason. A Missouri clergyman transferred his pass to another , and a business man of Wichita , Kan. , is on the list charged with trying to person ate a pas-sholder. None of these gentle men will over got moro filvors from any railroad in the country. Constipation poisons the blood ; Do Witt's Little Early Risers cure constipation , The cause removed , the disease is gone. Species oi1 Forest Trees. Sir Dietrich Brandis , F. It. S. , states that North America bus about four hundred nnd twelve species of forest trees , distributed as follows. Atlantic region , 170 ; Pacific region , 100 ; common common to both , ten ; Hooky mountain region , forty-six ; Florida tropical species , seventy-four. Europe has only 158 species. At least six ot the Not tli American species are also indigenous in Europe. The ex tremely rapid destruction of American forests is not ' only an alarming waste of resources'but has resulted in great loss from the appalling Hoods thut are clearly traced to removal of the trees from the hillsides. Dr. Birney cures eiiurrti. Uco bldj' . A Iteinnrkalilo Kaili-oir.l. Probably the moat remarkable rail road in the world is that running from Gloggintz to Lounoring , near Vienna. It is onlv twenty-live miles in length , but cost > ) ,000,000. It begins at an ele vation of I.'IOO feet and lias ltd terminus at 18,000 foot. It ban fifteen double via ducts , seventeen tunnels , and crosses itself - self nine times. DoWltt's Lltllo Early Uisors , best pill. Lowest I'rcHsui'i ) on Ueco.rd The lowest barometric pressure on record Is7. . lllfl Inches , which wiw ob served in 18S5 during a storm over the bay of Bengal. The storm was also one most ronmi-kablo for its tjinallnc.ss its diiunot'T being about ono hundred miles for its liorcoucbn and for ltd indraught towards the center. The Turning- Point \Vllh mnny n man U sumo Irlvlnl act. ami o moro rmininiviidntlon of "i o frli-nil lo try ti , h. tt. box kavnl lha llvnnriiiiwlrpil * . . -akluc ncraul word fur H. H. H. ! natural , for m-Ht liu Iwuii trluil theieliaru always Ucu Sri S. S. for f = IlLOOD A Irratl.io on niomt and Eklo Discoid mailed iKcuuMillcutloii. Z ri/ /l r fielt It. SWIFT SPECIFIC CO , , l > ru\vu itluului Ciu OMAHA and DIRECTORY FARM MACHINERY , ETO. jaRAIN ND PORVISIONS Toncray & Bryan , | S , A , MoWhortor i M'f'c Jeweler * , dealers In Pianos , Organs , .Wilts' muslcnl Instruments , etc. , Materials , ISte. , Farnnm nnd ICth. ISI.'l DmtKlns Street. OILS. V Consolidated Tank Line Oo. IteDncd and lulirtoxtliil oils , nxlo tireaso , eta 11. II. Until , Mnn-wnr. PRODUCE , COMMISSION. Ribbel & Smith , Schroeder & Oo , , Dealers In country prod a h buyori butter ail uce , fruits , vegetables , cuo. an I Koner.il aa a- million merchants , 1207 Howard street < il South mil street L Hamkzzo & Son , 211 Soutli 12lliStroot. Forcliin .llJomotlo Krulti Florliln OrnnKin A Sicily Fruit" , llnuich house , 7 N.l'otoMSt , NowOrl'm PAPER | RUBBER G'DS. Carpenter Paper Oor , Omaha Rubber Oo. , Curry a full ctock of Manufacturing anl ja'j- printing , wrappltu nnd Lursall klndirubuar wrllliiK p.'ipor , c.iril p.i- Kood i. per , oto. 1MO Karn.im itro3U SEEDS. Emersoa Sao.l Oj. , ced Kranron , iloilart li Kiirdun. UT.IH , uraln ri I trt'o HUG li , KM. ] ! South ISth. SASH , DOORS , BLINDS , ETC. STEAM AND WATEE SUPPLIES I , S. Wind Eugiiio' & A. L , Strany & Son : , Pump Oo , , Iliillldny wind mllK OH IKM-1UJI Fitrnaiu < trjt , nnd IL'I .IOIIDI t. ( i. F. Hum , Oril.ili.-i , Nob. TEA , COFFEE , SPICES , CIGARS. . . Oonsolidated Oompany , 1411 and Illil llnrmrit. Oiiuili.i , Nou. TOY ? . | BILLIARDS. H. Hardy & Co. , The Brunswick-Balk Toyn , ilolln , iilliiiiinfanoy 11 'Oollonder Oo. trooit * , liousof urnUliliu Illlirl inirjnidi11 , Bood , clilldron'4 car- H'lloimruturn 407.40U H. luth itruot. I3IU FiiriKiriut. SOUTH SMAHA. UNION STOCK YAR03 CO. , LIMITEa A. D. Boyer & Oo Hunter & Qreen , 8-W UicliiuiKU Uulldlur , 10 Kichanua llulldliu Botith Ouuh.k i Oiuuim. WANTED Totil liiuei ut CITIES , COUNTIES. SCHOOL tuy * u u w * u * DIUTRICTB , WATER OOMPAIIIEBbT.n.R.COMPANIE8 , to. Uorri lxjndtnco tollciUd. H.W.HARRIS &COMPANYBankers. lei-iOB Dearborn Olreet , CHICAGO- 55 Ws'l Stroot. NEW YOIIK' 70 Utata 8 HOBTPM" mix A. Md FlIANK U. CilNUJX McShanc & Condon , INVIiSTMIiNT HANKHKS , 300 8 , 13th Bt. FiMt National lijiiU build ing , Omaha , Nub. Deal In utocks , bond * , cc.urlllo' , commercial pv > er , etc , Nuuollatu loam on liuprovud Om.ilm runt xtutu rJImrt tlmo loom , wltb buuk itock , or ua all jpruTcd vullutsr
