Omaha daily bee. (Omaha [Neb.]) 187?-1922, August 24, 1893, Page 4, Image 4

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    THE OMAHA DAILY BEEniTHURSDAY. AUGttST 21 , 1898.
_ TiygJAILY BEE.
K , HOSKWATKIl , Editor
_
PlJllUHlIKU KVKHV MOHN1NO.
TI'.UMS Ol' SUIlSfJltll'TtON.
Dally Mec.'iwlthuiltSnndnyOno ) Y r. . 8 00
Dally nn l Sunday. Ono Year. . . 10 00
Six Months . & 00
Tlm-e Months . t'J BO
Bundny ln ! > , UnuVnar . 2 00
Ffttimliiy Her , Unn Year . 1 00
Weekly flci * , Uim Year . . . 100
01TIOK.S.
Ornnhli.Tlin Hen llnlldliiR.
ftnilliUiiiiilin.rnriinr N unit 2f5th Streets.
C'otincll I II HIM , 12 1'onrl Street ,
Clilciien ( Hiiro , 317 Chixmborofominnrce. .
New York , Homiis 13 , 14 and IS , Tribune
Unlltlliip.
Washington , Ola Foitrtoontli Street ,
COUUKSl'ON.nENCIl
All communications rolatltm to news Mid
rdltnrltil nml tor should tie nrtdrossent lo tlio
Editor.
IHJSINF.SS LKTTKIIS.
All business loiters nnil rpinlUanrru should
1m nildrifwd to The Itou Publishing Company ,
Onmliii. Drafts , ohcok * mill poslolllen orders
to Im matin payable to the orilor of tlio com-
"
pnny.
I'lirllrftlpiivliiK tlio city for tlio summer can
luivo Tun linn si-iit to tholr addrcM by leaving
an order at this nlTlcc.
THK IIEK 1'UIIMSIIINO COMPANY.
Tim tire In Clili-ncn.
Tni : DAILY nml SUWMY HRB Is on sale In
Chicago at tlio following places :
1'nlmor homo.
flrnni ! I'nclflc liotol.
Auditorium hotel.
( limit. Northern hotel
Ooro hotel.
Inland linli'l.
Kilos of THK HER nan 1m soon at the No-
lirnskn building and tlio Administration build
ing , Imposition grounds.
SWORN STATKMKNT OP CIRCULATION.
Slntn of Nebraska. I
County of Donclan. (
nrontn II. TKHchuck. Hocrctary of Tun nun Pub-
llnliliiK coiiiiiny | : , ( loco nolcnmlv nwoar tliat the
nctual circulation of Tnr. UAIT.Y IIKB for tlio week
riiUlnir AitRiist HI , 18U3 , wan ns fotlowat
Stmilny , Anmist 13. . . 2(1.0,1(1 ( (
Monday , Antrim ! II . 23,731
TucHdny. AuriiHt in . 23,74(1
Wnliieftiinr. Aliinittl 10 . 23,760
Thumdny , AIIKIHI 17 . 23,744
Friday , AiiKiiMlH . 23,700
SaUmi.iy , August 1U . 24,733
OKOIIOK 1l < TzsmucK.
i * I BWOKN to before1 inn ami Rtilwcrlbcd In
jSKAt. I my | ircHviiuitl > lH Ullliilayof AtiBiist , 1803.
1 , I N. 1 > . l-'ufi. . Notary I'ublle.
Cirriilntloti lor July , 1HU3 , a4i > BH
THK Jll-i3 fil'HUI.ll. T/MJ.Y.
Tun HP.K Is pleased to nnnouncn that a
8pccl.il nnwspapor train hits boon chnrtorod
via the Chicago , Ilock Isluiul & Pncillo rail
way , to run from Omaha to Lincoln daily ,
which will enable Tin : HUB to serve its
patrons thi-oiiKhout the South IMatto country
with the tr > 7/ / Mat MICK , At Lincoln close
connections arc uiado with trains south tinel
westbound , which makes it practicable for
TUB BIK to cover a vast territory with a
complete newspaper. Heretofore wo have
been compelled to go to press at a much
earlier hour than is now done under the now
arrangement.
The superiority of TUB linn's telegraphic
news is conceded throughout the west. Its
special cable news , unrivaled press dis
patches and its special telegraphic service
from every important point have pained for
this paper an enviable reputation not alone
confined to this state.
With improved facilities for reaching the
people nt a seasonable hour by THE BEE spe
cial newspaper train , there can bo no doubt
that our patrons will continue to show their
appreciation of newspaper enterprise.
THE Itulhms nro trying hard to show
the world that they nro equally aa hot-
Loaded aa the French.
WIIKN stack watering is to bo taken
Into .consideration , all the railroads of
Nebraska nro to bo found in the same
box.
DENVEH cornea forward with an offer
of provisions to relieve the unemployed
of Now York City. This is a considerable
advance over more incendiary talk.
IN ViK\Vof the many alarminp rumors
concerning the president's health , an
ofllcial statement of his condition is
something ; to which the public has be
come entitled.
IT is now xuld that the World's fair
directory want Theodore Thomas to
come back to his old position. Wo
thought nil parties concerned had had
enough of the former arrangements.
CAUTKU HAKKISON evidently repudi
ates the idea that nmrriajro is a failure.
Carter believes in netting a , good example -
ample to the unmarried mou of Chicago ,
even though ho has to take a third wife
in order to do so.
TIIKKK nvo a few more Omaha city
bonds in blocks of $100 and upwards still
to bo had. Hero Is an opportunity to re
turn hoarded money to circulation , to
make a good investment and to bo patri
otic at the tmmo time.
THE Omtilm Board of Trade should
eparo no efforts to Induce excursions oi
western business men passing througli
this city on their way to the fair to stoj
over and Inspect what wo huvo to offoi
in the line of trade and industry.
THE long debate over the homo rule
bill in the Ilouto of Commons will conn
to an end tomorrow. Tlio measure' )
successful passage through the Commons -
mons is assured , but it will , no doubt
bo decently interred in the lIOuso o
Lords.
THE State Hanking board is beginning
to stir up tlio bogus bond swindles tha
nro operating on the gullible investor !
of this Btuto. In their olTorts they deserve
servo tlio onoouragomont of all who an
opposed to the development of gambling
manias.
FINANCIAL disasters throughout tin
business world do not prevent the Coin
niorclnl club from exerting itself to sc
euro the location of additional Industries
trios In this city. Commissioner Utt re
ports that ho has mot with success in hi
negotiations with one manufacturer
Ills efforts should receive general on
couragornent.
IT WAS cruel in the press dispatche
to compare the audience which liatenoi
to Senator Voorheos * speech to th
crowds which were wont to bo attraotoi
by the magnetic eloquence of Ingnllt
Ingalls never drew a more crowded 11 oo
mid gallery than when , in hiu famou
ipoech on the president's measago , h
lushed the Indiana senator and taunte
dim with his war record. Thul littl
event cannot but cause painful recolloc
tlona to uri&o in Senator Voorhees'rnind
1HIIKH A THIRD TIME.
In placing the name of Governor Holes
once inoro nt the howl of their state
ticket the democrats of Iowa nt once
discredit the sincerity of the utter
ances of their own nomlnoo concerning
the advisability of third term nomina
tions and also mnko a confession of
weakness which they evidently , fear
may imperil their success. They dis
credit the sincerity of the utterances of
their nomlnoo because ho haa taken
pains lo assort hln uncompromising
hostility to a second ronomluu-
tlon. Just three weeks ago Gov
ernor Bales announced in a pub
lic letter that ho would no longer
consent to the continued use of his name
in connection with such nomination. It
may bo well to recall his' own words
upon this subject. "I nm conscientiously
opposed , " said ho , "to third terms in an
olllco so important as that ot gov
ernor of a great state , and in this view
the unbroken precedents of all political
parties in our state teach that my views
nro in substantial accord with those of
the masses of nil our people. To ignore
those precedents and violate this almost
universal sentiment would in my judg
ment bo seriously detrimental to the
best interests of the democratic
party. " If the prediction of Governor
Boles is based upon n sound interpreta
tion of the facts , his second ronomlnatlon
cannot but bo seriously detrimental to
the best interests of his party.
Iowa democrats have irmdo a con
fession of weakness in that the nomina
tion of Governor Boies in the face of his
emphatic declination signifies that their
party can furnish no other man who 1ms
the slightest chances of success. Like
n drowning man grasping nt a straw ,
they insist that ono man only can possi
bly save them from defeat , and this in
itself presages h fear of defeat. On
national Issues Iowa went republican at
the last presidential election. Relieved
of its prohibition burden , the republican
party will more than hold its own in
the forthcoming contest.
THK ST.ITN AUTIIUKIT1KS .40T.
The banking department of Nebraska
has taken decisive stops on n question of
vital importance to the people. It has
branded as sxvindlos the so-called bond
nvcstmont concerns , and proposes to
prosecute vigorously the promoters and
igonts of financial bubbles. After n
investigation of bond schemes ,
ho department sustains the conclusions
if THE REE , and denounces the schemes
n emphatic terms. It declares that
'the so-called bond investment com
panies nro transacting business in the
tate in violation of law1 and further ,
, hat they "aro illegitimate and swin
dling concerns which take the money of
3ur people and raako no return thoro-
br. "
Those plain words have but ono rnean-
ng , and that is that bond companies
must conform to existing law or suffer
, ho consequences. Clearly their promoters -
motors cannot continue a system of
bogus banking , pronounced and demon
strated to bo a gigantic swindle , with
out Incurring the penalties imposed for
violation of law.
The action of the department brings
to light another important fact. Bond
companies attempt to refute charges
made against thorn by asserting that the
system combines the best features of life
insurance and building and loan associ
ations. Nebraska has enacted laws
regulating insurance companies , build
ing and loan associations and banking.
These laws are much more liberal than
like laws in older states. Yet they do
lot afford a warrant for bond companion
ivhich pretend to operate under systems
governed by these laws. On the con
trary , the banking department has rejected -
jected every application of bond com
panies for authority to transact business
in the state.
Good results from the department' *
proclamation may bo insured by the co
operation of other Btatos. Missouri ,
Kansas and Massachusetts and the federal -
oral authorities of Colorado are invok
ing the law against lotteries and
swindles. Nebraska follows with com
mondablc promptitude. If the oftlcinh
of Iowa will now do their duty the
western states will avert the calami ton.-
operations of bond concerns as demon
strutod in Massachusetts , and sat fortl
by Deputy Commissioner of Insurance
Smith in those warning words : "The
not results then are the ruin of thou
sands of poor families , a general domor-
uli/.ation and distrust of all fraternal
and mutual b'onotlciury institutions , tin
encouragement of a pernicious gambling
spirit , four of the promoters sorvlnu
terms in the penitentiary , and a scon
of others fugltivoj from justice. "
A nVVIUZ Or' TIIK SlhVHH MKN.
As announced a few days ago , the
moro extreme silver men in the senate
in their determination to leave nothiiif
undone to prevent repeal , propj = o t :
utilize to the utmost the flllbustorin ; .
tacticj which the so-called" ' 'courtesies' '
of the Kcnato permit to delay action ,
hoping in that way to defeat repeal
For this purpose they will use tlio bll
to allow the national banks to issue cur
reney to the par value ol bondsdopasltci'
to secure circulation , offering all sorts
of amoiidmenU in order to supply tar
gets at which to direct tholr spoeoh. At
example of thisisthoamendmunt of Sen
ator CooUroll providing for the rudomp
tion of Biiuh 2 per cent b'j'ub as ma )
bo offered and for payment in n no.\ \
issue of treasury notes , Tills prjpjji
lion has no relation whatever to th
question of allowing the Inuik-i to lt.su
notes to the face vnluo of bjndi , ant
when its author was calloi ! upn to explain
plain what ho hoped to accomplish by I
ho could say nothing that was sntl.s
factory to any rational mind. His enl ;
plea in support of the proposition wn
that tha people want inoro currency am
this would enable thorn to get it , but , a
was pertinently asked by a senator , \vh
stop at the 2 par cent bonds , amouutin
to $2.r ,000,000Why > not pay the whol
debt , 100,000,000 or $500,000,000 , b
u practically unlimited issue of ou
demand natos ? The fact is , the mli
sourl senator know It was simply u d
vice fur complicating the discussion an
securing delay.
Men of nil parties ugroo that there I
no valid objection to allowing the m
tional banks to issue currency to th
face value of tholr collateral. The prc
vision limiting the issue ot notes to 00
per cant of the par vnluo of the bonds
was judicious when the national bank *
Ing law was enacted thirty years ago ,
because then nnd for some time nfter
the bonds of the government sold below
far , reducing the quotations to n gold
lasts. It was a prudent nnd rcnsonablo
ostrlctlon , but since bonds have been
oiling nbovo par it is entirely unnccoa-
ary. The security is absolute nndovory-
iody knows it to bo so. As to this there
9 and can ba no debate or difference of
pinion. It is also true that the ndop-
ilon of the proposed legislation would
Ivo the country at once about $20,000-
XX ) nnd nt no very remote tlmo would
add perhaps dotiblo that amount to the
limitation , The country urgently needs
ho currency nnd it is not questioned
.lint if it were provided it would have n
most wholesome effect in helping to the
ostorntlon of confidence. Yet the silver
ionntors , fully nwaro of nil this , will not
; tllow this relief to bo promptly given to
.ho people when it can bo of the greatest
sorvlco to thorn , because they can use
this question to block the way to action
on the proposal to stop the purchase of
ilvor by the government.
The country will take note of the
ilcspornto character of the contest which
the advocates of the free coinage of
illvor nro carrying on. In its distress ,
n its extremity , these men refuse to
flvti it any relief , actuated by a reckless
determination to defeat the demand of a
majority of the people for n change of
financial policy which they bollovo to bo
absolutely essential to the maintenance
of a sound nnd stnblo currency. There
s some encouragement in the thought
that the course of the radical silver soti-
utors indicates that they have not now
ho strength which they had when con-
rrcss mot.
UUARDKD ST.ITK HANK 1SNUK8.
Senator Voorhocs , chairman of the
sonata committee on linanco , who ap
pears to represent the administration so
far as the pending financial question is
concerned , said In his speech Tuesday
that ho favored a guarded issue of cur
rency by state banks. This Is likely
to bo regarded as indicating that the
president is not unfavorable to state
bunks issuing notes if they can bo kept
on a specie basis and the note holders
adequately protected , and , of course , if
It be practicable to supply and main
tain those conditions nobody could rea
sonably object to such a currency. The
whole ground of objection is that with
forty-four states granting authority to
banks to issue notes it would bo prac
tically impossible to maintain those
issues on a specie basis and give abso
lute security to note holders. Doubtless
at first ample safeguards would bo pro
vided , but the danger is that gradually
these would bo abandoned in many of
the states , resulting in time in flooding
the country with u mass of worthless
currency , from the circulation of which
the classes of the people who could not
protect themselves against such a cur
rency would Buffer.
Senator Voorheos did not suggest
any plan for guarding state bank issues ,
but it is to bo presumed that he
has ouo. Other advocates of this policy
have suggested various plans , some ol
them undoubtedly sufficient to secure n
sound state bank currency if they could
l/o adhered to. In the house of repre
sentatives a few days ago n Now Jersey
member suggested that instoaJ of re
pealing the tax in state bank issues
absolutely it should bo provided vhat
when banks of any state gave security
for their circulation to the satisfaction
of the comptroller of the currency , and
it was duly certified and approved b >
him , the secretary of the treasury should
bo empowered and directed to cause
to bo paid n rebate of 85 per cent of the
10 per cent tax. thus placing the state
banks on a level as to taxntior
with the national banks. Possibly c
plan of this kind would work , but as the
security of such banks would bo mainly ,
or altogether , state , county nnd munici
pal bonds , the task of determining thoii
value as security , which would vary ir
different states , would bo no easy ono
Besides , it is questionable whether t
plan of this kind , admitting It to b <
practicable , would bo allowed to stand
The influence of the state banks wouli
bo likely to bring abatit its abandonment
mont , so that they might have the privilege
logo of issuing notes entirely free fron
any sort of federal supervision. Tin
people who want state bank- issues restored
stored are not favorable to the genera
government having anything to do will
the control or regulation of such issues
They hold it to bo a right of the .state :
which should not bo Interfered with.
As yet the advocates of n rostorutlor
of Btuto bunk issues have offered m
argument that would justify congrcs
in repealing the 10 per cent tux. Thol
assumption that a state bank cmrreno ;
would be carefully und amply guurdct
by state laws is not convincjnj
or satisfactory. It may bo granted tha
this would bo done by BOHIQ of tin
states , but there can ba nousjuranci
that all of thorn would do so , nnd tin
only \viso and sufo course is ta muintati
the tax until there are batter reasons am
u more obvious necessity than now axis
for having recourse to a state bunk our
ronoy. Meanwhile , it seems a fair inference
enco that Senator Voorheoj in express
ing hinnolf IIH in favor of state buul
issues hud full knowledge that ho was ii
harmony with the administration.
ONE of the m3st recent announce
incuts of a panacea for financial dopres
don coinos from Henry George , but Mr
Georgu's romudy is noneothur than hi :
old stand-by , the single tux on lam
values. According to his explanation
the whole trouble arises from the fac
that all advanoo and improvement adi
to the valtio of land and that under t
roglino in which wo allow the owners c ;
laud to appropriate this reault of the gor
crul growth the advancu is dUo untei
by speculators. "Land , " says Mr
Gnorgu , "is hold from use und hold at
higher price than it will yield at present
ont , in the expectation of u future in
cioudo. The advance In land value
finally reaches u point at which lube
and capital cunmt profitably engage i
production. There is a chocking of pr <
duotlon , which , on the other bide , is
checking of the demand for commoditlc
nnd services. Finally comes BOUU
thing which act * us a slice
to credit nnjj , ho fictitious values
thnt have been created col n.iso. "
All this accords Very nicely with the
well known dq y iptlon of the phenom
ena which accompany n crisis , but as an
explanation ofTitJfo cnuso it is woefully
lacking. Whettey comoa this "some
thing which acJs'Vw n shock to credit ? "
It is that''something" outside of moro
speculation tlmtlldomornUzos the busi
ness of the community while the specu
lation 16 whicH'lE0puts ' a stop Is current
In many fiolds' Sthor than those con
nected with hitVdlvaluos. No defect In
the present industrial organization of
society over combs to the surface but
what the sluglo tax , socialism and n
hundred other isms nro immediately ad
vanced , each as the ono all-curing
remedy.
_ _ _ _ _ _ _ _ _
PUESIDENT CLBVKtjAND dOllbtlOSS in-
toiids to maintain the closest supervision
over the work of tariff revision. This
has been apparent 'for' ' some time nnd
the substitution of n southerner for Mr.
Springer nt the head of the ways nnd
means committee furnishes nnadditional
proof. _ _ _ _ _ _ _ _
GENEKAT. . BUOOKE commends the work
of the Indian companies which have
boon' incorporated into the standing nrmy
ot the United States. Ho has had no
little experience with Indian troops and
his opinion should go far in bearing
against the proposal for tholr disband-
mont.
"LET us stick to. the moaoy under
which the nation has prospered for
ninety yoara , " cries an enthusiastic 10to
1 free silver coinage man. Yes , but when
the nation no longer continues to pros
per on account of altered conditions ,
why cling to the sinking ship ?
An Odioun Comparison.
A'cw York in rW ,
The people of the United States are not
prepared to toler.Uo a senate that boasts of
its similarity to the HQUIO.of Lords.
A Vltui Onu.
Gfalic-lJciiwcrat.
The conclusive objection to prohibition hi
Iowa , as elsewhere , is that it hurts the re
publican oparty more than It helps the tom-
porauco cause.
Pull I.ngul Tender.
STOCKHAM , Nob. Auq. 22. To the Editor
of Tim UIIK : Is the silver dollar n full legal
tender for any amount or is tlio amount
limltetit D.
Ans. It is a full legal tender.
Tlmt'n tint Tittk.
Tecumj < f7 > CMrftatn ,
There arc quite a goodly number of manu
facturing industrlcvnlrc'Udy established in
Nebraska and if tltpTpeople would bo partic
ular about buyiiigfpiomo made goods there
would , soon bo many moro. Factories as
well as farms are-/needed to produce the
highest degree of prosperity.
Where thn Chlclo-n-Hnt the AT.
Ocrliiff Courier.
Ono old , blind vctbrhn has had his princely
income of $12 per month su&pondod. Hois
William Mclntosh1 of post No. .Wo , Grand
Army of the Republic of Arcadia. Serves
him right , ho ouglit to have stolen cotton
instead of lugging a mUsket around through
Georgia shooting at rebels. This cannot bo
chargcdutnts a republican lie , as the Arcadia
Courier , which prints the statement is
edited , by a democrat. '
The .MiIlfmnliiMiiJ'Hsjroo Quick.
jyilllillluii ! Inquirer.
Prophesies.ot the approach of tho..millen
nium have been made over and over'acraiu.
Most people , if they worotorely on the evi
dence of their , senspB.w.ouldjnot bo aware
that ono millennium'prophesied has arrived
thodomocraticmillennium. Nevertheless ,
it is around , and about us'1 every where. Its
chief tvouolo Is that It llts overybo'Jy , from
iluaiicier to day laborer , most uncommonly
and uncomfortably close.
J-'ilctl About Ilink8. :
JVcio Ytnlc Hun.
There are 3,700 national , Jl.OOO state and
100 , ! ! private banks in the United States , a
total of 8,01)0. ) somewhat diminished since
May by isolated suspensions and insolvencies.
but still in excess of 7.800 , several suspended
banks having , after suspension , resumed.
The gross deposits in national banks of the
United States amount to ? 1 , 500,000,000 ; In
sUte banks to ? G50,000,000 , and in private
banks to $100,000,01)0 ) , a total of S2. ' . > : > 0,000,000.
The gross deposits lu American banks are 50
per cent greater than the national deut , and
equal to about ( JO per cent of all the gold coin
in the world.
lid
nurt Cimntu Ileralil.
Some of our dear republican brethren re
fuse to yield a single concession on the nonpartisan -
partisan question and are obstinate iu their
partisan position , Tlioyseeiuto think they
have tlio power and will "tako all they can
and keep all they got. " It never was the de
sire ot the Herald to deprive them of a parti
san power except in courts and schools ,
where partisan politics should never enter ,
and then wo did not ask for our party a
single thing. ConsorX'atlvo and sensible
men of all parties have approved of the wis
dom of thus selecting these candidates , and
It Is only seltisu spoilsmen who Interpose ob
jections. Republicans are not yet out , of the
woods. Wo would admonish them to DO
reasonable.
MuiidHFHOii Mqili'lclioH Allen.
Chicago Tribune.
Senator ManUerson is ono of those well
prepared men who always have in readiness
a chunk of statistics with which to knock
down his populist colleague , Allen , when
ever the latter gets to frothing Hat nt the
mouth. The other day Allen assorted , wild
great solemnity , that "nitio-tentha of the
people of Nebraska were unalterably op
posed to anything looking to the perpetua
tion of the national banking 9ystem."i'horo-
fore ho was opposed to allowing them to
issue notes to the face value of their federal
bonds , but wanted to conllscalo the interest
011 stild bonds.
Senator Mandcrsoa replica thnt the Ins )
report of the comptroljor Of tlio curroncj
showed that there wore in Nebraska im
national b-inks , withfliBpaid up capital ol
$10,000,000 and ililposlftaf ' § 20,000,000. The
conclusion U plain , If j luu-tonllib of the
people were "unnUurftbjy opposed" lo na
tional banks that oppqaitjoti would manifest
itself in fewer natioiiaU nks and amallei
.deposits In them. aj
uuniilldittliin.
.
It is reported from St. Paul that n move
moul ion foot to consolidate the Northon
P.icllio and Great Nor.Uprn ( railroads , whlcl
cover practically the wtwju northwest. It Is
allu- oil that this wilt Jo urged "ou thi
ground of economy of o'ficVatlon , "
Such a pretext umloulitttUly will bo put for
ward if the report of Ihe desire to amalga
mate is true. Hut it ijivJJl not bo the roa
reason , which will bo Ujj > desire to oblltcr
ate competition In Montana , Washlngtoi
and North D.ikota , Tifid. in tbo northen
parts of Oregon , IdfilM and Minnesota
The aim of consolidation would bite
to put the pjoplo of these sttito ;
ami parts of states In a position when
they would have to pay whatever frelgh
uiid passenger r.itos wore' demanded or tti
without railroad facilities. Cumpotitloi
baluir wiped out , the roads would imposi
r.iU'3 which would give them tlio larges
revenue In return for the least service
They would ascertain , levy Utiii collect lui
highest tax which the pooplu could pay
They would exact all thu business wouli
bear. Therefore , if tha ueoplo of thu state
mentioned ubovo have any roxai-il fur the !
own interests thov will Ipft up their voice
atinst : any such consolidation us that re
forreU to. There 1s a great to-do nt Ihl
moment In Montana over what the sUto i
losing by the depression of the silver mlnln ;
industry. Montana will suffer far more am
more generally if it allows railroad compel !
lion wiihln lia llnilta lo ccasu aud become
the prey of a consolidated ystcm ,
cviiii KXVV c'u.n.in.v r.
When Colorado con
gregations consolidate and iUnil nil the
preachers but ono In n town , it is tlmo for
the clergy to tide In blood up to the horse's
bridle.
Oloho-Domocrat : "Tho worst Is over 1" It
does look that way. Gold keeps on Mowing
into tno country , mills nnd banks nro resum
ing operations and confidence seems to bo
returning. Now If this llnanclal question
was settled wo could say that the "panic" of
18M wn * only a reminiscence.
Globe-Democrat : The gold imports are
beginning lo bo reflected In the condition of
the Now York bnnks. The increase in the
reserves of these institutions last week ,
which was duo to this cause , will undoubt
edly IM continued this wook. and the situa
tion accordingly will bo Improved.
PhtladolDhla North American : According
to newspaper dispatches congress Is full of
"yaung men with a ready How of language
mid a quickness of opinion. " Perhaps If the
"language" wasn't qulto ns ready to How
ana the "opinion" was more mixture nnd de
liberate we might hnvo less talk nnd moro
work less promise nnd moro performance.
Detroit Frco Press : While the battle of
ho standards Is going on in congress the
[ icoplo nro rapidly putting themselves in
hapo for better times. The judicious In-
, 'cstincnt of Idle money , the payment of
ilebts nnd the resumption of business with
' , ho banks as the safest nnd best depositories
'or surplus capital nro rapidly solving the
problem of bringing renewed prosperity tone
no country.
Detroit Tribune : Once upon n tlmo there
ivod a geese which laid golden eggs exclu
sively. The fowl was naturally tlio subject
of much remark among the neighbors. One
day the owner of the coosacut oft Us head.
whereat the neighbors were greatly shocked
nnd mystified. "Why , " they demanded of
the man , "did you kill the geese that laid
the golden cggsj" "Uocuuso , " was the re
ply , "ns a conscientious believer in the
double standard I ronlly had no use for the
bird. " They marveled much and were
silent.
Louisville Courlor-.lournnl : The present
financial and commercial enforgency Is
dangerously rich soil for the seeds of social-
Ism. At a time like this evil mny bo done
to the relations between labor and capital
which much patient effort in bettor days
will hnnlly sufllco to repair. If the blatant
agitator undertakes to make n bad case
worse by an appeal to passion nnd to
prejudice , or to drag honest labor down to
the follies of socialism nnd anarchy , ho
should bo shown the door or tin-own out the
window.
Congressman Grosvenor of Ohio ( in n
speech ) : The cry couios from all over the
country , "Lot nlono the tariff ; lot the Me-
Cinloy law stand where It Is. " The cry
comes
'rotn forces where no llres burn ,
rout mills where wheels no longer turn ,
Tom looms o'er which no shuttlm lonp ,
'nun merchants' shops where sherlir.i Itoop
rein Imnlcs goiio up , from Btocli.s gone ) down ,
rum liou-mudo country , man-mudo town ,
roni Wall street men , from .sons of toll ,
I-roin the bronzed tillers of thu soil ,
Kroin north , front south , froinent : , from west ,
Hu-Uness l crying with a 7mt
"Diin't monkey with the tarllT. "
Minneapolis Tribune : The facts of indus
try , finance and commerce , the confidence
expressed In our finances by Europe's weekly
gold investments , the resuming banks nnd
factories , the first carloads of the incoming
wheat crop , the busy whirr of the govern
ment printing presses engaged in the issue
of now nnd crisp currency , the daily arrivals
of gold-laden steamships and the dally de
parture of produco-ladou carriers , agree with
the testimony of the best authorities that
there are rifts lu the clouds , that the tide
has turned , that the sky is brightening all
iround , and that on some early morning
close at hand wo will awake to llnd that the
llnanclal mists have lifted , and rolled away.
Philadelphia Times : The fundamental
fault of our exlstlug currency system is the
absence of any provision for expansion and
contraction with the varying needs of busi
ness. A volume of currency that is redund
ant ono month is inadequate the next. In
the centers this dilllculty is met by the use
of checks aud clearing house certlticates ,
which are practically bank notes issued on
the combined securities of the associated
banks. But in the country these devices
cannot bo applied. Modern banking science
could no doubt solve th'o 'problem easily and
securely if loft to Itself , but unuor the artifi
cial and unscientific legislation of the United
States periodical disturbances like the pres
ent are inevitable.
Kansas City Star : Financial "crashes"
and "stringencies" have the result of reveal
ing the financial truth. While the road Is
smooth nobody looks out. It is when the
tree is cut down that the rottenness at its
heart is revealed. Investigation follows
calamity. Just now a general coroner's In
quest Is going on In the financial world , and
what revelations are being made ! Hero the
tracks of a defaulter arts found ; there the
foes of a financial institution are discovered
to ho these of Its own household. And. who
shall say that this period of ripping up nnd
tearing down , and shaking and sifting will
bo without good results ? The true will bo
gathered out of the false ; honest men will be
at premium and bravo men will be more ad
mired. than over. It is an old observation ,
but as true ns anything in meteorology , that
thu storm clears the air.
The mercury is uncommonly sensitive to
signs of fall.
Tno turning down of Watchdog Holmun
was doubtless a peace o florin ; ; to artists on
the loot.
The Sherman law continues its deadly
work. An embankment burst in Sioux City
the other day.
ThoTaukmoer of Bungalow Is said to bo
moving ou Chicago. Mayor Harrison will
tr > conclusions with him.
Mom : Grant once said the democratic
party , once in power , would break its back
nn the Allcghoulcs. According to Crisp's
revised edition , the locality is south of the
Potomac.
It is probable Lurry Neal will ho forced to
withdraw from the gubernatorial race In
Ohio. His supporters have ooon thrown
into a panic by the discovery that Larry
doesn't smoke , chow or drink. Such virtues
are intolerable.
John D. Rockefeller's losses In his railroad
Investments are to bo reckoned well up In
the millions , but ho has still sovur.il millions
to spare. The Standard OH business is yet
good and It Is an inoxlmuatlulo mint ol
money for Its proprietors.
Mrs. H , II. . A. Beach of Boston , who com
posed a Jubilate for thu Columbian celebra
tion , is authority for the statement that be
tween the years Hiir and 188r > women com
posed 153 musical works , lucludltiir fifty-live
serious operas , six cantatas and llfty-thrun
comic operas.
Francis Alton , the architect of the great
Coliseum put up in Boston at thu tlmo at thu
peace Jubilee in 18(11) . celebrated his 87th
birthday recently lu that t-Ity. The mrmit-
uio seated 50,0'JO people ami was designed
entirely by Mr. Allen , who consulted with
no one except the late P. S. Gllmoro.
Hon. John I. Blair of Blairstowu , N. J , ,
ccluhrntcd his 'Jlst birthday on the 'J'M Inst.
Mr. Blair was an imposing factor in western
development not many years ugo. Ho waa
the chief promoter of several railroad line's
In the Missouri vallo.v lu Nebraska and Jowa ,
nnd tno county seat In Washington county ,
Nebraska , was named in honor of him.
Henry I/v'jouchorn , dlauu-isintf the recent
published statement that Miss Brnddou had
realized $500,000 from her novoU a state-
tnent which was disputed b.v most of tin
London writers declares that in his opinion
hu has received a muuh larger sum , nml
adds that the continuous snlo of her novel ;
is unprecedented In the records of Brills )
publishers.
Congressman Wilson of Virginia , whe
succeeds Springer as chairman of thu wnyt
and moans committee , is a scholar ami at
orator , but as , u chairman no has proven t
dismal failure. These who saw his feoblt
attempts to maintain n soinblancoof onlei
in the Chicago wuwarn will agree that hi
lacks iho aggressive force necessary to hok
his party In' line In a tariff wrangle.
Hadji Hassan Ghooly Khan , who will b (
remembered as thu Persian minister a
Washington who got mad an J went homo to
'JUohcrau because the newspapers Jesict
alttut his uamo , is sulJ to bj coming lo thi
World's fair incog , Mr , Ghooly need no
htivu taken the trouble to disguise his Iden
tity. After Hie names wo have wrosiloi
with this summer his cognomen appear
feeble and unworthy of notice.
Scnalor Wolcott of Colorado proients 01
his broad breast the most wonderfully Italcl
doscoplu succession of shlrU , tics and walsl
coals lo bo seen under the capltol dome
Ono day U is a shirt front of robin's eg
blue , with n four-in-hand of ( loop .lantjulnnry
crimson mid n miolr-wliUo vi.-stj today it Is
a IK > W of dollcnto , soulful blue , n bosom of
pink like thnt popularized by the carl of
Craven's "best mail , yo naw. " niul a striped
vest , while tomorrow tno stripes are on the
shirt , the vest Is spotted- mid the tie a
shimmering cream ,
XHIllt.lSKA AXlt .VKH/M.1KVCXY.
The Gniiwr county fair will bo hold Sop-
totnborSl.23.
The Fremont city i-lork hns Issued just aU
dog licenses this yonr.
The Independents hold their convention In
Ivramoy tioxt Tuesday for tlio purpose of
electing delegates to the state convention.
Monelny the Blair vanning factory was al
most burled bcnnath sweet corn , nnd It is
now running night and day with n force of
about 'JoO people.
At iv mooting of the committee of Cumlue
C'ty ' township upon thn appropriation of road
nioiioys to the construction of roads In that
township some ? tSOO were appropriated.
Mr. l } . vld Ulchlo , who vrns n stock dealer
In Blair tor some years anil who wonl from
there to Denver , returned to Blair Inst week
ami n t once set about looking up a houso.
William Neville , iho railroad contractor ,
who for the past sovcrM wroks hns boon
moving dirt for the B. Si M. north of
Bcllovuo , reports that a rich mineral spring
has boon discovered In thnt neighborhood ,
nnd within n stone's throw of the tracks.
Notwithstanding the promise early in the
season of n tremendous crop of potatoes ,
they Uo not appo.tr to bo a very great suc
cess this year , although there Is occa
sionally n Hold that hns yielded well. The
quality is not ns good as most years , anil
they are scarce enough so that the price Is
sltll high.
A public mooting called in the Interest of
securing nnothor Important educational In
stitution for Fremont was well attended ,
and these present showed n commendable
iutorcst.in the project. Vnrlous innUora In
connection with the enterprise were dis
cussed , nnd two committees were appointed
to secure subscriptions ,
Will S. Cameron , who formerly lived in
Upcumsoli , mot with a horrible death by
being crushed In a well at Catnwba. O. , last
week. Ho was working In the well and a
largo maul fell on his bond , fracturing his
skull. Ho lived several days in intense
agony. Ho was a young man of good cliur-
actor , respected by all who knew him.
Some of thcso days there will appear n
Sunday Issue of the Lincoln Journal which
does uot contain two and n half columns
about the masterly failure of Commissioner
Garnoau , Man Friday Mobloy nmi the No-
braskn exhibit at the World's fair to uo
justice to the state and its resources ; then ,
says the Fremont Tribune , Its subscribers
will order their paper stopped.
A horse race at the Superior fair grounds
Monday afternoon was the cause of a couple
of badly battered heads. The Btmiiclc bov
was riding Marks' horse and was winning
the race vfhem his rival struck him over the
head with a loaded whip hatullo. The
judges gave Burdick thu money , winch
caused another fight among the spectators
and one man was badly used up.
The Missouri river ferry squabble between
S. S. Archer aud O'Nuill & Thomas at
Plattsmouth is becoming quito warm.
O'Neill & Thomas maintain that Archer has
no legal right to operate his ferry , while
Archer Insists that his competitors are In
the wrong. It appears that O'Neill &
Thomas got ahead of Archer on this side of
the river and secured the lirst charter , but
jver in Iowa first blood wont to Archer. It
Is generally conceded that there is not
enough business for two ferries , and the
public is beginning to wonder whether ono
will drop out or whether both will operate
at a loss.
Value u ( Ai-l > . trillion.
At 10 YorhSun.
Wo hoar n great deal from time to tlmo of
Lho value of arbitration as a panacea for all
international controversies. That it has : v
value in preventing resort to the sword is
certainly true , but the remedy Is useless un
less applied. Wo have seen in the Siamese
incident nn urgent appeal from the ruler of
a "heathen" country to settle the boundary
dispute by impartial arbitration ; aim a. per
emptory reply from so-called Christian' '
Franco to yield summarily or bo punished.
under the law of the stronger. That this is
discreditable to.nincteunth uoutury ideas of
civilization Is not disproved by Iho fact that
It has so many precedents In the conduct of
other European countries during the past
century. _
I.nut Stiicin in Homo Unto.
It is now said , that the final vote on the
homo rule bill in thu House or Commons is
to bo taiccu on August ill , It will bo a great
relief to Gladstone when it has been disposed
of , for ho has been nagged continuously , not
only b.v the opiKjsitiou , but by factious
among his ojd followers. Mr. Chamberlain ,
It is said , will endeavor this fall to provoke
thn government to talto an appeal to the
country , but there is no reason why tlio
challenge should be accepted. The previous
tory administration held on to power a long
while after it had been discredited , and re-
ucntcdly declined to accept challenges to go
before the electors.
iho I'aulllo.
Thn now company which proposes to lay a
cable between Australia and California will
obtain a subsidy from the German govern
ment for thu sections of the line between thu
Fiji and Samoati islands and between the
Samoau Islands and Honolulu. The prepar
atory soundings bolwcen San Francisco ami
Honolulu having been recently completed
and a practicable route found , tbo electri
cians niny nr.jr. tcallio iho fairy fftncy of Puck t
nml "put r glrdlo 'round tlio earth m forty
minutes. "
j.r.r tinuit I\UUHII
OMAHA , Aug. 31. To the Ktlttor of Tn
Bun : In your reliable p.npcr I note with
prvln thu dtitresi and misery now r.iglnff In
Now Vorle ns n roxtilt of our -called re
forming roprosontaUott in present adminis
tration.
U Is oulynnlurM thatourlciulInK Farmer's
nlllanco representatives should appeal to
the western farmer for the relief of n con
scientious , hnnl working people who sup *
ported Iho alliance cau o through Iho earn
est pleadings of her sere hi < adr > el politicians.
Thcso people nro to bo pilled , nnd some re
lief should bo provided. They were ( in ono
sense through Ignorance ) buoyed m > by ex
aggerated promiAoi , to do as they elluanil
Induced to support n hopeless cnuso only to
eloot und play into the hands of an tummy ,
( democracy ) , for which iho result Is plainly
soon.
soon.Our country hns been In n prosperous
condition too long , It would scAtn , for nn
experience of this kind to become nocossnry.
Our common worklngman votes the
straight ticket , without the forethought of
any possibilities , simply boonuso lie is Ji
democrat , or nn Advocate of Its principles.
It Is to bo hoped they will In ihu fttturo
repudiate the loud mouthed eloquence of
our silver tongued agitators of trouble and
vote to.lot good enough aloao.A .
A SYMPXTIH7.1II1.
Tnrlirillll llearil from nt ta t.
WASIIINOTOX , Aug. 33. Chalrnmn Wllsdn
of thn ways and moans committee today
said : "Tho committee will probably pre
pare n goncr.ll tariff bill In nccont-
mice with tlio declarations of the
Chicago platform. I think ' It
tmlto probable that congress will find itself.
In a position to adjourn about the mtddlo of
September until the date of the beginning of.
the rcgulnr session. "
In talking about tliir work of the appro
priations committee Chairman Sayers'uiado
similar observations.
Poilpotioil ihn Meotlit ; ,
The Board of Education did not hold n
special session to settle the Central school
muddle yesterday nltornooti , ns contem
plated.
It npponrs that tho'partlcs mosl eoucernml
cannot amicably ngrco upon the rcspreuiva
amounts due them , nml until they do so thu
board docs not propose to tnko nny action.
There will probably bo a sH > clal meeting
hold to decide ttio matter , the date of which
is not yet decided upon.
Prrnldotitlitl Xomitmtlim.
WASHINGTON , Aug. Sii. The president
todny sent to the scuato the nomination of
Joshua K. Dodge of Wisconsin , to bn assist
ant attorney general , vice William A. Mnu-
roy , resigned.
J3irjturi.\u
Yonkers O.-izotto : Wlion a business homo
"suttles" It's proof of IU having n tlrni founda
tion.
CMovelaml Plain Dealer : It Is certainly
cruel for the lynching parly to keep thu vic
tim In suspense.
Boston Herald : Walter llex.-xnt cnlU us a
nation of shimmers. Oh , no ! It's the Turks
who H'lutu.
ItulTnlo Courier : Tim man who bus no use
for the tomporancu pledge very frequently
bus for the pawnbroker's.
Philadelphia North American ! Qlrls ac thn
summer resorts Imvomado popular the ted lom
game of chim buuansu It Is played with mun.
Oalvcston News : A lady ruudor wants to
know If wo bullevii In cures by "laying on
hands. " Wo do. mmtnni , wo do nui-il for-
voutly. UutaBllppcrorpliioshlnglo u bettor.
Washington Star : "I wish , " said the man
who wont into the country for u vacation
"thnt thoru WIISH llttlo moro wutor In that nl
logod trout stream aud a llttlo less In tli
Detroit Tribune : Ui-lovod I'apa saya hn
sees no reason i why wo shouldn't bo . . . „ . .
J.ovor ( ecstatically ) Then ho wasn't pinched
In that last deal after all.
IMillndolphlii Uvliior : Hops In ujmor Now
lone , wlion picking licgliiH no.vt week , will av
erage only half ii crop. It's boon thu same
way all summer at the honshoro hotels.
Atlanta Constitution : Doctor ( to sick
editor ) 1 (1ml ( your circulation Is not very
groat.
Kdltor IToro , John ! show this man the
pressman's certllluate , the mailing clerk's
Mvorn statement and the lust po-uolllco ro-
coipt.
CUIIUUNCV noAiim-.ns.
Intli'iii < ii : > tl * Jimntnl.
Hackward , turn backward , O Time , In your
Ol vo mo bni-lf my plln again just for tonight ,
1'Of ' Inm ( load bioki'ti ; my money is Hod :
And thnt , conies of keeping It under tlio bod.
lironi my trustud bank I < liew out thu pllo
Ami hid It uwny in tlni enrpot uwlillo.
And , iis 1 was sleep ! ! ! ; ; , it Kunthiiiinii cronlc
Made on trancu and nil of my rich trunsurn
It iiinuo mo qullo weary ; so much so I weep :
"Kick me lo slvop , Jncknss , kick mo to nloop. "
-
O.V/J OF T7I/-J JIHOH'A'IBS.
Tiilnme.
Ho was so very , very ualu
\ \ hen hn came to thu shore ,
All Hald a boy M > very whlto
Tlu-y'd nevur been before.
I ) nt soon the sun began to tan
Ills chuolM. tilt ) pallor hid ,
JIN frluml * thurcaftor culled that boy
The ru-wot leather kid ,
Larxost Manuf.iotimira an I Kotallorj
ol OlotHIn- the World.
A ship like this
If seen on the ocean now-a-days or even on
-the Missouri would
create quite a sensa
tion , but no moro of
a sensation than that
our great sale of suits
has been stirring up
for a week. Wo have
taken off from $2.50
jto $7.50 on each suit ,
'making ' suoh an ex
tra low price that
oven if you do not
need it now , it will
pay you better than
savings bank interest
to pick out a suit
now and put it away till spring , This is not a
broken size or broken lot sale , but a nice clean stock
of the finest suits ever brought to this western coun
try. If you hesitate you are lost for they will be
rapidly taken up.
BROWNING , KING & CO. ,
6ioi.op.Dsovorj..si.uiim ; | . cor , Hd ad Dlujlu Sis. r