Omaha daily bee. (Omaha [Neb.]) 187?-1922, October 28, 1894, Part I, Page 5, Image 5

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    HWJg"HfJJJW ? JH"i"mJ i
no
WANTED TO DIPEDE JUSTICE
rfe *
"Woallhjr Lincoln Ltteiyman Charged with
Attempting to Bribe a Juryman ,
TRANK RAWLINGS UNDER ARREST
/lllrcecflo llnro Written n Note to Hey 1
Stoirart AiVlnR Unit No Iecl lim
llo Itenriered In n Pend
ing Cuio.
LINCOLN , Oct 27. CSpeclal. ) Frank
i , a wealthy liveryman , was arrested
Oils afternoon on a bench warrant from Judge
3tail's court , charging him with contempt of
court In that ho did willfully attempt to
obstruct and Impede the administration of
J-.istlcn by attempting to "corruptly Influence
cno of the jurors In the case of Lula Leavltt
o Tains t Frank Ilawllngs , by writing the
following note lo hlmr
"Iloye , hang this jurco. Don't glv them
a sent you keen- see that It Is Black Mailing
skoem so Don't give them a sent Damage.
Smoke on me. A FIUND.
The county attorney declined to etato just
what evidence waa In his .possession , or If
they had secured a clue to the identity of
the party who delivered the note at Juror
Stewart's house. He staled , however , that
there was little doubt but that the note was
In Rawllngs' handwriting.
This is the case where a. sensation -was
created the other day by Juror Hey L.
Stewart rising In court and giving to the
judge the note quoted above.
Hawlliigs was arrested at 3:45 : by Deputy
Sheriff Hoxle while he was out riding , and
taken before Judge Hall. He pleaded not
guilty to the Information , and was released
on his own recognizance In the Bum M JiOO
to appear for trial Monday. November 5.
Governor Wnltc ot Colorado passed through
the city at 2:10 : p. m , today t-n route to Chi
cago. His coming had reached tha ears of
some of the populists early In the day , and
when the train stopped at the depot
thcro ucro some 500 people on the
platform As soon aa the train
came to a stop J. C. McNerney and J.
M , Thsjnpbon , chairman and secretary of the
populist county central committee , stepped
Aboard , sought out Governor Waltc. told him
that there was a. large crowd outsldo await
ing his appearance , and asked htm to come
out. He did so. Taking a position In the
cast door of the depot , where the brisk wind
could not got a show at Ms whiskers , he
talked , to thecroud for about 10 minutes , or
until the conductor shouted his warning ta
get aboard. As he ? stepped back upon the
train the crowd gave- three cheers for him
as a personal compliment , and the train
pulled out amidst a manifestation ot popu-
llstlo enthusiasm. The governor confined
his remarks to the silver question , but said
that out In Colorado this year the people are
going to demonstrate Ihelr faith In the ability
of the common people to take efficient charge
of the affairs of state.
Pralrln I'lro'K AVnrfc.
CENTRAL CITY , Neb. . Oct. 27. ( Special
Telegram. ) A prairie nre , started by a Union
Pacific engine this nftermxm , burned the
buildings , hay , etc. . of John Mcrl. A gale
of wind was blowing at thn time.
DUNHAR. Neb. . Oct. 27. ( Special Tele
gram. ) Tula evening H. C. Jcffers' elevator ,
containing 1,500 bushels of wheat , burned.
The grain and elevator were partly covered
by Insurance. Origin of the flro Is unknown.
I'nlrbtipy lep it Hurncil.
FAIRHUIIY. Neb. , Oct. 27. ( Special Tele
gram. ) The old depot building- the St.
Joa & Grand Island , lately used for oil stor-
.T e , caught flro today from sparks from a
jj.-uslnc engine and was entirely consumed.
7hu wind was blowing1 a gale from the south ,
and It was only by good wark on the part of
the nre department that the nre was kept
from spreading through a thickly settled
jurt of the city.
.lolinion County l.'diiciitorn Moot.
TECUMSEH. Neb. . Oct. 27. ( Special. )
The Johnson County Teachers' association
held Its first annual session In this city yes
terday and today. A good program was car
ried out and able addresses made. Prof.
II. R , Corbett of Tork last evening delivered
a lecture on the "Professional Teacher" be-
Jaro the teachers.
llfinlno or A. is. Ifnrliin or York.
YORK , Neb. , Oct. 27. ( Special Tele
gram. ) A , S. Marian , of the firm of Har-
laa & Ilarlan. attorneys , died at this place
tonight of typhoid fever , after an Illness of
seven weeks. Ho has been unconscious for
tavoral days. His death was not unexpected.
He received a message yesterday announcing
thet death of his mother , who also died of
typhoid.
S J.V ! i'Jir MKX1CO ,
fiiicct AttomlliifiKrroriii to Ilrliiff Arid
Lands l < nn > r J.iiHlvntltm.
WASHINGTON , Oct. 27. Governor W. T.
Thornton of New Mexico has made his an
nual report to Secretary Smith of the In
terior department. Of the general condi
tions ho says : "Irrigation enterprises begun
gun within the last two or three years have
succeeded admirably , bringing under cultiva
tion largo areas of desert land. In more
than half the counties of the territory enter
prises of importance liavo been begun which
will add largely In the near future to the
productiveness and prosperity of our pee
ple. The total assessed valuation of tha
territory Is $43,430,2 : the bonded debt ,
5925.000 , nnd floating debt , $21,891. $ There
lias been considerable railroad building ; stock
raising has been prosperous and shows a
great Increase. Mining Interests have suf
fered from the depreciation In the prlco ufof
silver nnd lead. Without Irrigation agri
culture may bo said to bo a failure In New
Mexico , says the governor , and all scientific
Interests are making use of Irrigation. The
population of the territory has Increased
about 2,000 during the year.
JIVl.r.KI .FOK
] lcolh r Spokn to Ills Marrloil felitcr and
\Vtnt Stint ( or Hit I'll I in.
CHICAGO , Oct. 27. Charles Powell , who
was gorlously Injured by a bullet which his
Bister , MM. NellieSwcetman , waa charged
with having tired , died at 1 o'clock this
morning at the county hospital , The shoot
ing occurred al the homo of Mrs. Swret-
man , after the latter had como In from a
drlvo with a friend , who It Is claimed hail
for some lime been paying special attention [
to her. Mrs. Swoetman , it is alleged , met
her brother and exchanged hot words with
him , immediately after which the shot was
fired which resulted In Powell's death , The
nlsler denies tlio charge , alleging that the
brother fired th tall with his own hand.
Appearances , the pollco claim , would Indi
cate that ( his Is not true , as the wound was
not powder burned ,
Mrs. SwFctman was placed under arrest t nt
the time.
KKSCUJiD TI1K J1I.VR .S.
* Men Fiitouibnil for tVliolo Hay und
Taken Out AlUr.
MILWAUKEE. Oct. S7. A special to the
Wisconsin from Iron Mountain says the work
of rescuing tha Imprisoned miners at the
Pawablo ' was accomplished between 6 and 7
o'clock this morning and they were hoisted
to tha surface aa sound HI a dollar and wlth-
out a mark. There U great rejoicing In the
community. .
There were practically no sensational In-
cidents In connection with the Imprisonment
and rtiscua of tha inlnera , The men were
< Imprisoned for over forty hours , but at no
time did they consider thcmielvet In danger
. or despair of rescue. The men were plentl-
. fully supplied with water and the air wai
pure , and beyond mlialng a few meals the
suffered no Inconvenience.
fllnu Wiirki IU uu > at flttiburc ,
PlTTSBUnO , Oct. ST. The Ihuiann Glass
YTorka liai renumtxl w > rk. la It * green and
-umber buttle factories , giving employment teA
A Urge number ot men and boys.
\\'it * nn General Slierumu'i Staff.
ST. LOUIS , Oct. 27. General Amos eck-l
, it ho waa chief of tli * commissary de
parlment of Central W. T Sherman's army
during the civil war , died at his homo hero
tliis mornhiR. aged about Cl. He was on the
retired Hit ot the nrmy.
( Continued trom First Pago. )
of credit on Ms arrival In London for (2,000 ,
In September the letter was presented to
the agents of the bank at Havre and the full
amount paid. It Is now known that the
priest had been dead several days at.that
time , and that the person presenting the
letter 1 suspected of murder. A French
man named Eugene was a companion of the
priest , both In the ship and at the house. He
disappeared Just before the priest's death.
The Mrltlsh consul at Havre Is , by direction
of the lioma ofllcc , Inquiring whether the
person who presented the letter answers to
the description of Eugene.
Among the passengers by the Paris today
ia Andrew Carnegie , from whom the World
correspondent has tried vainly to get nny
statement In reply to the charges of Iron
plato frauds against his firm. Meanwhile
he has been entertaining lavlsliljat his
English and. Scotch houses. Dr. Talmage
and Mrs. Langtry arc also on board , the
Paris.
The story ot the duchess of Marlborough's
engagement to Lord William lie res ford Is
denied by her friends. Lord "William Is on
his wax to India.
The engagement Is announced of Lord
Wolverton , who accompanied Dunravcn to
New York last year , to Lad/ Edith Ward ,
who Is an enthusiastic yachtswoman.
The Speaker , a liberal weekly , whoso
editor la a warm friend of 3lr. Gladstone's ,
confirms today my tatement that his re
tirement Is final and absolute. This I un
derstand lo bo the result of recent
strenuous efforts to Induce him to Intervene
In the present serious divisions ot the party.
The gratifying announccmont Is made this
week , however , that ho Is again , able to use
his eyes freely In both reading and writ
ing , even the eye operated on for cataract
having regained much of Its former power.
BALLARD SMITH.
PAUISl'OMCK NOT AM. I'UICB.
OHO of the ClilnN Is Nnir Ttviiclud Up In nn
onirl.il liivo llgntlon.
< < 'oi > jTlshld ISOt by Prom Publishing Company. )
PARIS , Oct. 27. ( New York World Cable-
Special Telegram. ) This , capital has a pollco
scandal ot Its own this week , which has
caused as great a sensation here as the
Lexow Investigations In New York. M.
Fldeo Is the chief of the department of
police which has the anarchists to watch.
M. do Sanglea former custom house officer ,
was In prison under sentence df defrauding
the government of $60,000. M. FJdee took
him out to dine , and somehow he escaped.
M. Fldeo protests that ho was unearthing a
big anarchist plot , and that do Sanglo waste
to help htm In the work , but the excuse Is
not accepted , and further revelations ot pollco
corruption are promised , 'particularly In re
spect to the relations of private gambling
houses with the police.
Notwithstanding the political bands be
tween Trance and Russia no trace ot anxiety
over the czar's Illness Is observable on the
boulevards , further than n lavish display In
the shop windows of the portraits of tlie
czar , tlie czarewltch and Princess Alls. But
all Paris is animated In Interest In Sardou's
now play , "Glamonda , " with Sarah Born-
hardt in the leading part. In an Interview
the dramatist says that when contemplating
a new play he takes an envelope and inserts
everything which occurs to him as likely to
be ot use for it. "Glsmonda" has taken
several years of such preparation. The
sccno Is laid In Athens In the Florentine
period. The scenery will bo magnificent.
In politics the decadence- President
Perler'a popularity Is the most significant
Incident. Almost the whole press seems to
be In a conspiracy to nbuso him. About
the only votco raised In his behalf Is that of
Dlowltf , through the London Times , which
gives Its correspondent's letter the promin
ence of large typa and special position. The
principal fault 'found ' Is that the president
Is cold and loves display. Ho ia severely
blamed , for driving In a state carriage with
thrt
a military escort to the races. Itochefort >
writes from his London exile"I : have baen
accused of comparing Caslmir-Perler to the
commander of n. band of convicts. I recant.
it.Is
Ho Is simply the drill sergeant. " That Is
a sample of the lone of all that class ot
French papers toward the president.
The marriage of SIlss Whlttlcr of Boston
to the Russian prince , nelosselskl , last Wednesday
dhe
nesday bad espoclal Interest because the
bride was not compelled to renounce her
religion and accept the tenets of the Greek
church , as is usual In marriages of foreigners
into the higher Russian nobility as well as
the royalty.
CHINKS IS UEPKATCII AGAIN.
uncio Win n Hermit ! ISnttle on thfl Welt
llunkor the Vulu lllvor.
YOKOHAMA , Oct. 27. The Japanese have
galned a decisive victory at Kluren aver 17,000
Chinese. The enemy fled toward Antung.
The Japanese captured a quantity of provi
sions. The Chinese lost 200 killed and a
number wounded and many prisoners were
taken.
Dispatches received here confirm the re
ports of Jho battle between the Chinese and
Japanesa forces after the latter had crossed
HID Yaltt river. It Is added that the whole
ot tbo Japanese army afterward advanced :
northward , and that Kluren , which was held
by a large force of Chinese , was attacked on
all sld . The Chinese made a desperate de
fense and the fighting was very severe.
Another dispatch repeats the assertion fre
quently made that the second Japanese- army
has landed on the east coast of the peninsula
ot King-Chow , upon which Port Arthur Is slt-
uated , The Japanese army , according to these
dispatches , now occupies the neck of the
penlniuln , thus cutting off communication be
tween the port and arsenal ami the main nd .
LONDON , Oct. 27. The correspondent of
Die Pall Mall Gazette at Che Fee cables that
the fleets of China and Japan are now oft the
port and that a battle la expected shortly.
It la decidedly announced today that China
is negotiating In , London for a loan of 1COO-
000. It will bo n 7 per cent silver loan and
the Issue prlco Is expected to be 9 $ . This '
loan will bo secured on the- revenue of the
treaty ports.
WASHINGTON. Oct. 27. United States
Minister Denby. from Peking , China , today
cabled to the State department as follows :
"Japanese troops entered Manchuria. " This
Is the first official advlco that the State de
partment has had that any Japanesa troops
have set foot on Chinese soil , and it IB sup
posed to refer to the fight oa the "i'alu and
the crossing of the river by the Japanese , re
ported In yesterday's dispatches.
WASHINGTON. Oct. 27. The Japanesa legation
gation today received an official cable tram
the homo' Din ce : "Advance column of our
first army began to cross Yalu October S4 and
next after fighting three . . . . .
day , over hours , wnn
a. signal victory at 1 loosAn , near Kln-Len-
Chong , theopposlnc army , consisting ot
3,500 , being utterly routed and. scattered.
Slahahal Vamgata la at WI-Ju. "
Immigration Incpeclori' Ileport.
WASHINGTON , Oct. 87. Tna report ol
tha special committee of Immigration In-
Hectors In the caie of Howard. Mr. Mor
ton's coachman , reached the Immigration
bureau today and will at onca ta placed beeps -
Secretary CarllU * .
TALKS ABOUT TI1E CURRENCY
Lyman J. Qago Makes nn Exhaustive Ad
dress Eoforo Chicago Oommorcial Olub.
DEFECTS IN THE FRISENT SYSTEM
Too Mnnr KlmU of Circulating Mvtlluiu-
Itcnolutloiuililoptpfl Knlrnrlng n Com-
inlsulnn to Iteporl Mmmires to
Simplify llio System.
CHICAGO , Oct. 27. The twelfth banquet
of the Commercial club , which Includes the
leading , business men of Chicago , was held
tonight at tlio Grand Pacific hotel , The
occasion was marked by the discussions of
financial problems and suggestions for the
soluljon l of the currency question by some oC
the most eminent financiers and political
economists in the country. Arguments were
mrulo on llio silver question , the defects ot
the currency were pointed out and sugges
tions made for their practical relief , William
T. Baker , president of the- club , presided , and
In a neat speech Introduced 1'rof. J. L.
Laughlln , of the Chicago university , who
spoke at considerable length on the- character
of the American currency. Prof. Laughlln's
speech was received with great applause.
Following Prof. Lauglilln came Lyman J. Gage
president of the First National bank of Chicago
cage , whose- address was on the American
monetary system. Mr. Gage's speech was
greeted with round after round of applause.
Ho spoke as follows :
In speaking upon the subject of our money
Hycitetn one must be aware that In what
ever he may any he will excite the hostile
criticism and draw forth bitter Invective
from < some one or more of the various fac
tions who are seeking to establish on new
and experimental foundations our much-dls-
ttirhe < l llnancl.il structure.
Through our heterogeneous system the pub-
lie mind has seemingly lost the power to
discriminate between real things and the
shadows or slsns at things , It Is necessary
thnt disguises be pulled aside and that real
facts appear.
There Is. In truth , only one real money
viz : : Metallic coin. It may be composed of
p-old or silver. It might be of something else ,
but It Is not Greenbacks , treasury notes
and natlonnl bank notes are but promises
tonn pay. In the nature of things they cnti be
nothing' more. They pass ns money , thej
perform the functions of money , often more
conveniently than money itself. Because of
this confusion comes nml we are led nstruy
Seeing that the greenback Is uttered by the
government , that it has by the legnl tender
quality Imparted to it the power to pay
debts , and that It circulates with all the
power of money , discrimination censes we
call It mosey nnd the idea that govern
ment cnn create money by its sanction or
flat becomes rooted In the mind. The dis
tinctions Just pointed out are , liowover ,
fundamental distinctions. They should be
taught In thepchouls. . They are dimple ,
easy to be understood , even by a ulilld.
We admit that on mrtny occasions paper
money , whether greenbacks , treasury notes
or national bank notes , is more to be desired
than gold. Tot , more to be desired than
cither , ns proven by the dally conduct of
man , Is a credit balance in a solvent bank.
For , to secure this better form of good ,
people voluntarily give to the banker theae
promises to pay , yea , even gold itself , for
a credit to an erjual sum upon his books.
With an entry -upon their passbook as evi
dence of transaction , they claim to have
"money In the bank , " In popular language
guage- , the claim Is well enough , but cor
rectly speaking- Is positively untrue. They
have partwl tvlth their money , If money
they had ; It belongs to the banker ; it Is no
longer theirs.
The consideration they have received Is
an. agreement from the banker to meet
their requisitions upon , him from time to
time. If the banker is faithful to his ob
ligations they have made no bail bargain ,
for all these things , greenbacks , treasury
nates , natlonnl bank notes , and ( to Xiso the
popular language ) money In bank , are in
their nature nnd essence one viz. : they nre
forms of credit. Their value , ench and all
alike , lies In. the- ability of the owner to
convert them at last into the only real
form of money now extant metallic coin.
And , to push the question a little further ,
the only value of the metallic coin lies , not
In the coin ns a coin , but In the power of
the metal the coin contains to exchange for
other tilings.
It should here be noted that while our
silver dollar Is renl money. Its power to ex
change for other things li more than dou
bled by another and artlllclal value impart
ed to It through the law , -which gives tit
power equal to the dollar In gold to pay
customs dues. Having nn equal value Inn
this direction , and the quantity being lim
ited , It has equal value in all directions , nut
the difference between the metallic * value of
the sliver dollar nnd this arbitrary value
lies In the realm of credit. What I have
so far said lies at the foundation oC the
subject and must first be understood.
MEDIUMS OF EXCHANGE AND THEIR
US US.
We have now current In the United States
available In lhe < purchase and sale of com
modities * , and for the payment of labor
services , the following agencies :
First ( laid coin , silver coin real money.
Next Greenbacks , treasury notes , national >
bank notes nml bank checks. The last four
to be classlliect together as forms of credit.
Their respective legnl relationships to real
money , however , are not alike. The national
bank note ami the bank check may both beer
satisfied by the tender of greenbacks ore
treasury notes , while the Inat two are re
deemed only In coin , or in payment of pub
lic dues. ibel
In passing It may be well to note the rel
ative use of these various agencies In the
practical opratlons of commerce and trade.
No better place to determine this cnn IP.be
found than the counter of a bank , and the
following statement of the a mount of each
received by a. bank In this city on a recent
day will Indicate their relative Importance
In that direction :
Oold coin | O.SS.'i
Silver coin , 15,83 !
Oold certificates 1,015
Silver certificates 9S.I29
Legal tender notes and greenbacks. . . . 82,172
Treasury notes 25.40G
National bank notes 34,2(13 (
Total cash t2G3.81fl
Checks , drafts , bills of exchange t5,39S,91i !
Percentage ! of cash to total credits , S per
cent.
Having1 summarized the various forms of
credit obligations operating as currency , let
us look a little at the principle on which
they are res-pectivcly bused.
The power to redeem greenbacks , $346,000-
000 In quantity , rests-
First Upon ttO , x > ,000 of gold or there
abouts In the treasury vaults.
Second Ui on the iiblllty and readiness of
the government to borrow money as the oc-
casion may require. ocnt <
Third Upon the power of the government
to collect money by taxation.
The treasury notes rest , first , upon the
promise of the government , supported by a
quantity of silver , part coined , part bullion ,
purchased since 1890 , In payment for -which
these notes -were Issued. It la to be noted
that the market valueof the sliver sour
bought Is same 150,000.000 less than the pur
chase cost , nnd for this difference the power
of the government to borrow or tax must
be relied on.
The national bank note rests-
First Upon the financial responsibility of
the bank issuing It.
Second Upon the security fit the United
States bonds with the Treasury department
10 per cent In excexs of the face of all notes
Issued.
Third Upon the government guaranty.
This as to the relative merit of each In
point of responsibility.
Next , let us look at the plan , method and
reason of putting- these various forms of
credit Into circulation.
The greenback was Issued to pay debts ,
not to acquire- value , or , If value was re
ceived , such value was either consumed or
converted Into value not available In the
market. The greenback paid soldiers anil
government employes : It bought powder and
munitions of war. The existence of the
greenback la the evidence of a debt not
paid. It Is n Hen upon the future.
A national bank note , on the contrary. Is
the evidence of some- existing value which
Ilca somewhere aa collateral for Its redemp
tion. To transfer auch values Is the only
ordinary and proper occasion which calls
for their Issue. The volume In which they
appear marks the rise In prices or an In
creasing quantity of existing things. Like
the bank check , they -will be In active serv
ice when trade and commerce are active.
Thus they enjoy the principle of elasticity
wholly lackingIn. . any possible form of di
rect government issue. The method of their
retirement Is wholly different nnd subjects
the trade und commerce of the country to
less dangerous strain.
EFFECT OF GOLD EXPORTS.
To Illustrate : We have lately witnessed a
movement of fold to the other side of the
Atlantic. We need not now Inquire the
cause of that movement. When it began
the treasury was possessed of moro than
1100,000.000 of gold. To meet the lent
those concerned found the easiest s In
presenting1 greenbacks Ami treasury notes
for redemption. In the- course of this busi
ness JM.lWO.OCXl In bonds -were Bold by the
Treasury ilepartment. but notwithstanding
tlili adult Ion la Its gold stock It * sup-1" of
pold was reduced to the danger hit r of i
$50.000.000 before the movement censed.
Now , it Is lo be specially noticed that the
transfer of th ? tint &MXXUXW had no direct
bearing upon trade 'of ' commerce whatever. .
The reserve stock , of gold waa dead and
llfeleis In the treasury while there. Its rc-
movnl out of the cpuntry wa * In Itself quite
Imrmles' . Hut It n > l another nn appalling
effect It raised doubts and excited fears
ns to the nblllty-oC the government to
continue the redemption of Its Issues. The
substantial refusal by congress to clothe
the secretary with the necessary discretion
ary power to borrow money intensllled the
fear nt home , excited Injurious sus
picions abroad , , nnd further stimu
lated the adverse comment. With
the peculiar luck' which has fa Ions
attended the AtnertcNn people , the move
ment ceased In tlma to avoid n. great calam
ity. We cannot , .however , count upot Im
munity from a repetition of the same move
ment , possibly more violent in form , more
destructive In cffccti '
Observe now the difference In effect of nn
outward movement of coin did the paper
currency consist wholly of bank Issues. To
obtain the coin for such a movement bank
notes would be presented for redemption ,
ns the greenbacks have been. If the coin
demand proved continuous the banks would
recoup themselves by calling in maturing
loans. In short , a contraction In general
credits would occur. Under Its Influence
prices would fall off until the foreign credit
ors would flnd It more advantageous to take
commodities than to take coin. Thus the
movement would tend to bo self-curative.
The strain of this process would , under or
dinary conditions , be light , because It would
be spread over the country wherever banks
of Issueexisted. .
Until now I have not refercrd to silver cer-
tlllcatea , which form nearly ono-ilftli of the
circulating medium of exchange In the
United States , nor Is It necessary to nay
much. Hy their use a dangerous volume of
Inferior money has found an abnormal use.
Thev nre the most perplexing- feature In the
much-Involved problem of our natlonnl
finances.
There Is no reason why the government
should act ns warehousemen for either gold
or silver. Such n. function Is outsldo Its
proper limit of action. Hut we are faced by
the condition , and It Is the "bete nolr" of
the treasury. The enormous amount of
SMaOOO.OOO of silver , represented by 133S.OOO-
00) in silver certificatendded to the JI50-
000.000 purchased by the government under
the Sherman act , constitutes a standing
menace to every business Interest.
Our whole monetary system Is the result
ant of makeshift legislation and unscientific
compromises. It Is time thnt reform began.
I do not assume to offer here final remedies ,
In my own opinion the greenbacks should
be permanently retired. The silver pur
chased under the Sherman act shculd be
gradually sold and the treasury notes re
'
deemed'and canceled. Some well guarded
system of bank not ! < I cula ton. b-oader and
more elastic than the present national bank
act provides , should be Inaugurated. Such
bunk notrs should be redeemable at a central
place and be redeemable in ir Id onlv.
DRPKCTS OP THE IMIKSKNT SYSTEM.
To sum up , the defects of our present cur
rency system nre : (1) ( ) A confusing hetero
geneity which needs simplification , (2) the
greenback controverts the pilnclple of paper
money viz. : thnt every note Injected Into
the commercial system should represent an
existing comemrcl.il value ; (3) ( ) the treasury
note Is a standing evidence of a foolish op
eration , the creation ot a debt for the pur
chase on a falling market of a commodity
for which the purchaser has no use ; It lies
open to the Just charge of being both Idiotic
nnd Immoral ; (4) ( ) the national bank note
nearly conforms to the true principle of
paper maneJy , but the unreasonable require
ment for security paralyzes Its eillclenry
and operates to destroy Its elasticity ; (5) ( )
the silver certificate encourages the use of
silver tea larger extent than consists with
the safe preservation of that metal on a
parity with gold.
Would a national commission help lo pro
mote reform ? There Is reason to hope that
II would be of great service In that direc
tion. Such n commission. If rightly selected ,
would throw a Hood of light upon these In
volved questions. The information It might
gather would beef Immense value to all
our people , and jvould guide us to wise
legislation ,
Emotion and sentiment are not safe guides
In matters of science. A clear apprehension
of true principles will Ipad to correct action.
After Mr. Gage resumed his speech , Presi
dent linker , In a happy little speech , called
upon A. P. Hepburn , ex-comptroller of the
United States , andrnow.tho . president of the
Third National bank ofNew York , who took
for his subject the , necessity for n new cur
rency law. In thq qourso ot his speech
Mr. Hepburn took exception to the plan of
placing the railroads and the telegraph sys
tems of the country under governmental
control. He betlfved the majority of the
people would object to having several hun
'
dreds of thousands' put on the pay rolls of
the government , and did not think that In
creased efficiency bf the service would fol
low an ownership vested In the government.
Ho declared emphatically against free coinage
and paid his respects to "wild cat" currency
In a most vigorous manner. He urged upon
tlio business men of the country that they
do not leave the subject of the currency and
the financial situation of the country to the
politician and demagogue , but take hold of
It themselves In such a manner that the
country will be certain of such an outcome as
the conditions demand.
SOUNDNESS .THE FHIST REQUISITE.
After" Mr. Hepburn came Hon. J. II. Eck-
els , comptroller of the currency , who spoke
on "The National Currency. " Mr. Eckels
said that ha had not prepared a speech and
would content himself with a few extempo
raneous suggestions as to what might be
accomplished In a political way. Our cur
rency system as It now exists Is sadly de
ficient. There has not been Introduced In
cither house of congress within the memory
of most of those present at this meeting ,
said the comptroller , a single law upon the
currency but that has had for Its sole aim
and deslro the creation of a largo volume of
currency. Guided by this and lis
tening to the advocates of such
a policy. we find the people
losing sight of the fact that the volume of
the currency Is of the least importance , but
that -which makes for the public good In the
currency of the country Is the soundness
thereof. A large volume of currency lacking
In soundness ia always a source ot public
evil. This club , said Mr. Eckels cannot un
dertake a better work than to educate the
people by spoken -word or written documents
with all the resources at their command
In sound monetary principles.
At the conclusion of Mr. Eckels' remarks
a resolution wa3 unanimously adopted favorIng -
Ing the creation of a national committee ,
neutral In politics , to thoroughly study the
present monetary system of the country
with a view to Its simplification and Im
provement. It was nearly midnight when
the meeting adjourned.
- JSTKU.IKSHWXS. .
°
r.lst of Veterans Ilnrrntlr nomomberod by
tlio Onnrrnl Odvnriiment. Ei
WASHINGTON. Oct 2T.Speclal.Pen ( -
slons granted , Issue of October 15 , were :
Nebraska : Original Samuel IJ. Uomlck ,
'
Be'aver City , Furnas county ; John M. An
drews , University Place. Lancaster county :
George Hardy , Palisade , Hitchcock county :
George Mitchell , Omaha , Douglas county.
Itelssue George P , Cole. Brewster , Ulalne s
county : James T. Allen. York , York county :
Smith Thompson , Auburn , Nemaha county ;
Joseph H. Hell , Majors , IJuffalo county.
Original widows , etc. Martha M. Graham ,
North Platte , Lincoln county.
Iowa : Original John Davis , Plymouth.
Ccrro Gordo county. Additional John I > .
French , Kaulkner , Franklin county.
Restoration and reiisua Thomas W. Lynch ,
Des Molnes. Polk county. Increase Thomas
J. Lancaster , Maquoketa , Jackson county ;
Allen n. lilancharil , „ .Lansing. Allnmakee
county ; Joseph S. Huhn , Mnrne , Cass
county. Reissue Grlflln Gager , Kendall-
vllle , Wlnneshlek oounty. Original widows , :
etc. Louisa C. HojuielioUler , Independence ,
Iluchanan county. , '
North Dakota : Hiilspfie Marcus A. Demey ,
Bottlneau , UottlneAil 'county. ' :
Colorado : Original Thomas W. Jesse
Lay , Houtt county. ? Reissue Francis C
Fay , Denver , Arupflhoe county.
Wyoming : OrlBlnnl Sylvia Houslaux
( nursel. Beaver. Converse county.
WASHINGTON. Oct. 27.-Speclal.-Pen ( )
slons granted , Issu * of'October ' 16. were :
Nebraska : OrlglnalH-Hugo Thclnhardt
Omaha , Douglas -ipownty. Increase Lev
Glllet. Miller , Huff * ) * county.
Iowa : Original Ifpory Menchin , Klngsley
Plymouth county , 'Jjgnewal William H
Mcltoberts. Wyomlrtg' , , Jones county. In
crease John U. Cnsfbrd , Keota , Keokul
county. Reissue William llanna , Gllman
Marshall county.
South Dakota : Original Isaac Iloeson
Trlpp , Hutchison cgvlntyj Alphonso Weed
Alcester. Union county.
Colorado : Orlglnal-'Franklln Montgomery
Lyons , Boulder count ] ; Madison M. Mvers
Minneapolis , Dacca county ; John C. SulII
van , Durango. La Plata county ; James IJ
Davis , Granada , Prowers county.
John ICnjrea Swallow * Knuilnnnni Thre
Monk * Alter llclutr Married.
BEDALTA , Mo , , Oct. 27. ( Special Tele
grcm , ) John Keyea , traveling salesman fo
the Daker Medicine- company ot Des Molnes
la. , committed suicide this afternoon , nea
Green Ridge , by swallowing a large dose o
laudanum and morphineKeye , who I
about 45 years old , waa married three week
ago In Dresden , thl county , to Miss Luell
Mam , an accomplished young lady. N
cause is known tor Keyea' act ,
Snow Cor. fjt/t and Douglas Sis.
or Rain
The weather indications are
that it's going to be decidedly colder by Mon
Colder day , so cold you'll have to buy that Overcoat
you've put off buying so long. Monday we
offer you the biggest bargains in Overcoats
ever shown to be sold at 50c on the dollar
elegant , perfect goods made in latest
style Rosenwald & Weil's ' entire stock.
AN OXFORD MIXED MELTON OVERCOAT
nilOWN MIXED ELYSIAN OVERCOAT fly front silk shoulder lined worsted
velvet collar wool-lined throughout In the body lined silk sleeve lined perfectly
host manner a good looking , serviceable made and trimmed oo
coat - OO The usual retail price Is JIG.00 $ see
The usual price Is $12.00 WAA" $5OO Rosenwald & Well's wholesale price , $10.50.
' . . .
Uoscnwald & Well's wholesale price , $9.00.
UROWN MIXED ALL WOOL ELYSIAN
overcoats fly front worsted body linings
and satin sleeve linings you never saw
A DRAD KERSEY OVERCOAT CUT FLY bettor for three times the money .50
front Skinner silk sleeve linings lasting .OO The usual retail prlco Is $18.00
body linings cut In the fashionable length . Rosenwald & Well's wholesale price , $12.GO. $
.
relall Is $12.00
The usual prlco ; ; "
Rosenwald & Well's wholesale price , $9.50. . THIS IS ONB OK THE VERY BUST
bers has a fly front black molten over
coat Farmer's satin body silk sleeve lin
ings OO
A GRAY MELTON OVERCOAT-FLY
front-wool llncd-slccves silk llned-mudo Tlio usual retail prlco Is $18.00.
In the height of fashion and complete In Rosenwald & Well's wholesale price , $12.00.
.OO
every way .
The usual retail prlco Is $12.00 AN' OLIVE MELTON OVERCOAT CUT
Hosenwald & Well's wholesale prlco , $0.00. double-breasted fancy worsted linings with
silk sleeve linings a genuine bargain If
there ever was one OO
The usual retail prfco Is J 18.01) x $1O
A GRAY DOUBLE-BREASTED KERSEY Rosenwald & Well's wholesale price , $13.00
overcoat beautiful goods silk velvet collar
silk sleeve linings well shaped aud ANOTHER ONE OF THE HHST NUMBERS
splendidly made .OO la a double-breasted black cheviot overcoat
The usual retail price Is $15.00 with light worsted linings and black satin . -
Rosenwald & Well's wholesale price , $10.50. sleeve linings.
' ' ' ' ' ' ' ' ' ' ' ' ' ' '
The usual retail prlco is $26.00'S
Rosenwald & Well's wholesale price , $15.00. Yx
AN ALL WOOL SLATE COLOR KERSEY
overcoat cut double-breasted a perfect A UROWN MIXED CHEVIOT CAl'E OVEU-
garment .OO coat wool 1 linings silk sleeve linings _ _
The usual retail prlco Is $15.00 $ $8 fashionably. and perfectly tailored Cp / 9 M OO
Rosenwald & Well's wholesale price , $10.GO. The usual retail prlco Is $20.00 , A / S
Rosenwald & , Well's wholesale prlco , $15.00.7"
AN ALL WOOL. ELYSIAN FLY FRONT A BLUE KERSEY OVERCOAT FLY
overcoat lasting linings nnd silk velvet _ _ front fancy worsted body linings silk
collar It comes In black or blues U 4b ? 00 filcevo lined silk velvet collar the cloth
The usual ratall price is $15.00 .7) ) < _ ? alone cost $3.75 u yard OO
Tlosenwald & Well' wholesale price , $10.50. r The usual retail price Is $22.00
Rosonwald & Well's wholesale price , $1G.GO.
CLOTHiNcx
Closes Wednesday , Oct. 31st ,
In order to make the THREE LAST DAYS the BANNER DAYS
of the month , we place on the floor Monday morning a line of Bed
loom Suits , on many of which prices less than half their value will
DC marked.
IXIMCAli MVKlCAli VIHCI.ES.
In response to a general demand from the
ubllc , arrangements have been perfected
hrough the courtesy of Dean Gardner and
ho organist of Trinity cathedral , by which
Ir. W. T. Taber will , beginning next Mon-
ay evening , October 20. at 8 o'clock , ( and
ontlnulns the two following Monday oven-
ngs or until further notice In Trinity cathe-
IrV ) .resume the free organ recitals which
vore ( so successful and popular last season.
Mr. ! Taher will endeavor to render the muslo
f the greatest composers on an organ noted
or Its grandeur and beautiful voicing. In
inacnlflcent cathedral to the satisfaction
Ofat the public. A collection will bo taken up
at each recital , partly for charity and for
ath
ho purpose of defraying the expenses. The
irogram for Monday evening Is as follows :
irGl PART I.
Grand March , C minor Schubwt
GlM
Melody In G Gullmant
Voraplcl "Lohengrin , " Wngner
Selections from Faust Gounod
PART II.
Andante "fjeonore. " Raff
Overture. "Hlenzi , " Wagner
iarcarolle Hoffmann
llarch Slllltalre Gounod
Wednesday afternoon tha musical section
of the Woman's club will inaugurate Its sea
son's recitals under the direction of Mrs. J.
R. nuchanan , leader of the department
whoso Interest In the musical section made
the recitals last season so delightful a tea-
ure of the Woman's club. For this recital
Mrs. Iluchanan has secured the assistance ol
Mrno. II. Muenteferlng. who will Illustrate
y selections on the piano what will bo
> rousht out In the historical readings , Mrs.
J. W. Cotton , who will sing reveral pretty
songs , Mr. Herbert Butler , violin , Mr. S.
13. Letovaky , vlollncello , while Mine. Hess-
Fucha will play the accompaniments , to the
songs. The illustrations to be given on this
occasion are piano and violin Saribanda
Qlguo , Gavotte and Corelll. The program Is
aa follows :
( al Spring Song Mendelssohn
Piano Solo < b ) Illack Key Etude. . . . . . Choplt
( c ) Impromptu ( A flat ) ( Trlllby )
Mrs. H , Muenteferlnu.
ta ) Ah , What Tortures Paderewsk
( b ) Polly Willis Ur. Arm
Mrs. Cotton.
Concerto Violin. ( Dedicated to Mr. Herber
Butler ) Charles Itactens , musical di
rector , Mr. Herbert Hutler. ac
companied by Martin Cnhn.
Vocal Solo , Pollaccn. (11 ( Oil-irony ) Gome
Mrs , Cotton.
Trio ( n Hat ) Antolne Rublnsteli
Piano. Mme. Muenteferlng.
Violin , Herbert Hutler.
Vlollncello , B. H. Letovsky.
Active steps were taken Thursday nigh
to revive tha Philharmonic orchestra whlc
eave last season two excellent concerts a
Uoyd'a under tbo direction of Hans Albert
So successful were theeo concerts and
thoroughly well balanced that the muslca
public became enthusiastic over the possl
bllltles of concerted orchestral work undo
& proper director. Hut financially the con
certs were a failure , Mr. Albert having t
pay a largo number of bllle out ot his ow
pocket rather than see the fruits of his labo
ntlrely lost. To avoid a recurrence of
tiose drawbacks a strong organization was
erfected Thursday night and the interest
liown Is an earnest , of what the Phllhar-
nonlc will do before the season Is over. It
s the purpose of the organization , which
will bo made up almost wholly ot amateurs ,
o give three or four concerts this winter ,
, ctlvo rehcrsals being held every Thursday
ivcnlng at S o'clock. Jlr. Albert will con-
Inno aa director , the other o Ulcers being as
ollows : President , II. G. Hurt ; vice presi
dent , C. W. Kalteler ; corresponding necre-
' ary. Loyal S. Mole ; financial secretary , J.
. Cook ; treasurer , S. Heyn ; music commlt-
eo , Hans Albert , T. J. Roller , E. C. Sny-
Icr ; executive committee , S. Heyn , J. I ,
ook ; C. W. Kalteler , Hans Albert , T. J.
Kclley , E. C. Snyder ; librarian , A. Weber ,
Robert Cuscaden , assistant ,
The Hat of members U as follows :
Violins J. I. Cook , Emily Dorn , Antonln
Spoerl , Robert Cuscaden , 0. Nordwall. Max
Cocttcr , Lizzie Allen , Mlsa Sherraden , J. E.
Florence. H. J. Tlbbenu , Jonnlo Pindcr , I ,
< au f man.
Violas E. Lltzman , Charles McConnoll.
Cullos S. Heyn , S. Landsberg.
Daas William Wolf.
Flutes A. Plnder , J. A. Cuscaden. A. De-
anoy.
Cornets L. S. Mole , Perry Dadolett. G.
W. Bush.
Trombones C. W. Kalteler , P. Taggart.
The Mozart quartet , assisted by Miss Doiil-
icr. pianist , Me , Adelmann , violinist , and Mrs.
It , E. Sunderland , elocutionist , gave a concerl
at the First Baptist church Thurs
day evening. A fair sUed audience
was In attendance. The work o :
tlio qimrlet waa oxcc-llent , the only crlll
clstn being that too many of their numbers
were of a high class of music , which the
general public does not fully appreciate. The
encore pieces ware all bright and catchy
especially the "Monkey Song. " The soloists
all acquitted themselves well. There was a
slight lack of unity between the violin am
accompaniment , which was noticeable In two
numbers. The feature of the program , however -
over , was the recitation work of Mrs. Sun
dcrland , Her preference seems to run to
the heavy dramatic style , in which she com
plctely loses herself and becomes the character
actor she represents , thus attaining a natur
illness too tseldom seen In elocutionists , Sh
pousesse * an excellent volco and makes a
graceful appearance.
Mine. II. Muenteferlng , whose class of pti
pll on the piano furto U larger this yea
than over before , announces a pupils' reclta
for Friday evening , November 9 , at the Wo
man's club's new rooms , Sixteenth and Doug
laa streets. Tha program gives every prom
Isa of being upon the high , artistic plan
which has. ever been the desire of Mme
Muenleferlng to accomplish during her llf
ai a teacher of the best form of music , Sli
will bo assisted by Mr. Aclelmann. who wl
give i | violin sola at the end of the concari
and will alto be accompanied by a strln
quartet on the rendition of Mendelssohn *
concerto No. 1. These numbers will fo"
low the pupils' recital ,
Mr. Martin Calm has announced hli Inten
tlon of giving a pupils' recital some tlm
nut month. Ax U his custom , ticket * wl
a Bent his friends. Mr. Calm's recitals are
ways popular , and It la to be regretted that
icy nro so seldom given.
Owing to the Illness of Dr. Duryen the usual
cspor scrvlco at the First Congregational
Imrch will bo omitted this afternoon and in
s place a musical rocltul will bo given ,
ho hour Is 3 o'clock and the following U
10 program :
) rgan Largo from the string quartet
In D ' . Haydn
Duet Rejoice In the Lord Schnccker'
" Mrs. C. W. Morton , Mr. C. B. Abbott.
"lolln Solo Legende Wlenlawskl
Mr. Franz Adclmnnn.
Irgnn Prayer and Cradle Hmg..Gullmant
ole Galilee Whitney Coombs
Irs , Morton , with violin obllgato by Mr.
Adelmann.
ifferlng Romnnze Hvendsen
Mr. Addmnnn.
Quartet Savior When Night Involves
the Skies Shelley
itrs. Squires , Mrs. Morton , Mr. Northrun ,
Mr. Abbott.
Organ Festival March , Smart
Mrs. F. F. Ford , organist.
A letter from Mrs. Jeanctto M. Thurbor ,
iresldent of the National Conservatory ol
rluslc of America , announces that Dr , An-
onln Dvorak's class In composition wilt bfl
'orined November 1. on which date the ex
aminations will take place , between the
lours of 10 and 12 o'clock , and from 2 to 4
o'clock.
TO run INIHGTJIKXT.
Ciiptiiln lluwgntn Withdraw HI * Finn of
Not Ciullty nnd .Ulftcod Indclliiltenoss.
WASHINGTON , Oct. 27. Captain Henry
W. Howgate was before the district court
of the district today and through Attorney
A. S. Worthlngton withdrew hla plea ot not
gullly to all the Indictments entered against
him In October , 1881 , and entered a demur
rer to each and all of them. There are seven
Indictments for embezzlement and four for
forgery.
To the embezzlement Indictments the de
murrers nro to the effect that the fact *
avered In the Indictment constituted no
offense under the laws In force In the Dis
trict of Columbia prior to the filing of the
Indictment : -that they do not state any of
fense of which the court has jurisdiction
and are too general and uncertain In allega
tion. The forgery demurrers were of much
the eamo purport , want of dcflnltcness being
alleged ,
Upper nilftnourl Navigation Cloieil.
CHAMBBULIN , S , D. , Oct. 2 ? . ( Special
Telegram. ) Government snagboat Mandan
left hero this afternoon for Sioux City to
lay up for the winter , Navigation oa the
upper Missouri Is practically closed ,
MovomnnU of Henironie V > eU Oct. 37.
At Liverpool Arrived Nomadic , from
New York ,
At Philadelphia Arrived Ohio , from Llv-
At San Francisco Departed City of Pe
king , for Yokohama und Hong Kong ; Aus
tralia , for Honolulu.
At New York Arrived Zoandatn , froia
Amsterdam ,