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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (Dec. 8, 1894)
TJIK O5IA1IA 1JJ5E : SATUBDAY , UEOJ3MBEK 8 , 1894. PREFERS THE ECKELS PLAN mparhon Between the Comptroller's and Secretary Carlisle's Measure. * taw MBM TREASURY RELIEVED OF RESPONSIBILITY Eckel * ' Currency SclirmoVoulJAlio 1'rovo Muro F.lnitlo iincl Woulil Ulva the Country Itcllef In Time * of Trouble. WASHINGTON , Deo. 7. Mr. Carlisle's plan of currency reform Is naturally attract ing great attention In and out of congress. Mr. Carlisle , It Is expected , will next Monday appear before the house committee on banking and currency to answer any questions that may be asked In further explanation of his proposition and to assist tn the preparation of a bill covering his views on the subject which will soon bo Introduced by Chairman Springer. While Mr. Carlisle's plan Is favor ably commented on by many prominent mem bers of both houses , there are others whose opinions are of value who argue that the plan proposed by Comptroller Eckels In his annual report has superior merit-and which thoroughly understood will meet with gen eral approval. A prominent ssnator who Is authorized authority on all financial questions explained to a representative of the As sociated press his views on the two plans. Ho said : "Mr. Carlisle's plan for currency reforms , when applied to practice , will pro- due * the following result : Taking for the purpose of Illustration the example of n bank having $100,000 capital. Such a bank would be entitled to fssu ? notes up to the limit of $75,000 (75 ( per cent of capital ) , but before doing so must deposit legal tender notes to the amount of $22,500 (30 ( per cenl of circulation ) . "This , In effect , would bo equivalent to a not Issue of $52,500 In circulation , or 75 pei cent received from the government , minus $22,500 In notes deposited with the govern' ment. Upon this $52,500 of currency tin bank would cam Its profit , providing It couli keep them In circulation , after deductlnj costs of redemption , tax for 'safety fund and tax for administration of' comptroller' ! bureau. "As a plan of relieving the general govern ment from the burden and charge of re deeming the United States notes. It would according to the secretary's report , resul In securing the temporary deposit of $225 , 000,000 of these notes with the government 'If all the national banks now In exlstanci should take out circulation to the full amoun proposed. ' "Let us see how this result would be ar rived at. The present capital of nil nations banks In existence Is about $663,000,000. I to this IB added $332,000,000 as the capita of state banks availing themselves of th privilege , a total capital of $1,000,000,00' ' would be had as the basis upon which t Issue currency. Assuming that all the bank possessing this capital Issued currency n to the full limit of 75 per cent , we will hav an Issue of bank currency to the amount o $750,000,000. Against this legal tenders t the amount of 30 per cent of circulation mus bs deposited , or $225,000,000. EFFECT ON THE VOLUME OF MONEY "What will be the effect of this upon tin volume of money In c.rculatlon ? "Add bank notes Issued , $750,000,000 ; Ics : national bank currency retired , $172,000,000 legal tenders posted and withdrawn fron circulation , $225,000.000. Total , $397,000,000 net Increase In circulation , $353,000,000. "Assuming that this Increase could bo kep In circulation , a withdrawal of $225,000,00 of United States notes Is effected temporarily but as there are $468,000,000 of these alto KCther outstanding there would itlll remali outstanding the major portion of the mass , o about $243,000,000 , to harass , the treasur ; by presentation for redemption In gold. 1 the $750,000,000 Is not kept in circulation th amount of legal tenders returned by redenip tlon of circulation would be added to th large mm not funded. Again , If the lega tenders deposited by the banks are to be use for redemption of these notes on prescnta tlon there would be. . no difficulty In procurln any amount of them by presenting banl notes. "So much for the practical working of th secretary's plan. We will now take a lool at the plan proposed by Comptroller Eckels As he gives but few figures on which to bas a computation , but simply outlines the prln clples of his plan , only a hypothetical Illus tratlon of Its practical workings can be at tempted. "Taking a bank with $100,000 capital , a In the other case , the comptroller's plan ar pears to require that the bank deposit wit the treasury $50.000 In United States note or legal lenders ( for cancellation ) , In exchang for which It will Immediately receive $50,00 In bank notes , for the current redemption t which only It shall be liable during Its life time , the government reassumlng the n sponslblllty for ultimate rcdemptlQti of th bank notes of this class only upon the fal uro or liquidation of the bank. GOVERNMENT ENTIRELY RELIEVEI "In this feutjjre , therefore , there Is nelth : expansion nor contraction of the currenc ; simply the exchange of on * kind of currenc for another Just as good , but for the pui pose and with the effect of entirely rellevln the government of the burden and coat i current redemption during the existence i the bank receiving and Issuing the same. Under this branch of the comptroller Plan , with the present capltdl of nation banks ( viz : $668,000,000) ) , $334,000 000 of leg tenders would immediately bo retired nr withdrawn from the possibility of being r deemed In gold by the general governmep While a banking capital of $1.00000001 would serve as the basis for retiring tl entire Istuo both of United States n6tes ar Sherman act notes , amounting to about $9S 000,000 , under the secretary's plan caplt of $1,000,000.000 would effect a wit drawal , according to his own estimate only $225,000,000. Should the bank notes' I sued against 'legal tenders' b6 made avallab for lawful money reserve against deposit as nro now the legal tenders , this wou operate to withhold them from redemption 1 the banks. > "Passing to the other feature of M Eckels' recommendation , It la found that bank with $100.000 capital could also Issi ns much , as $50,000 of safety fund notes , co stltutlng a first Hen upon Its assets and up < the liability of Its shareholders , and rcdecr able upon the failure of the bank prompt out of a 'safety fund' created by a llg tax upon all the banks Issuing this kind circulation. It Is upon this class of not that the bank should make a profit whli would be , a clear one over and above t : light expenses for cost of redemption ai taxation for the safety fund and for cost operating the comptroller's bureau. ELEMENTS OF ELASTICITY. "It Is on thla class of currency also that t element of 'elasticity' would bo found , f each bank could Issue cither none nt i or as much as 50 per cent of Its capital. "Of the present national bank capital per cent would bo $334,000,000 , or a su $102.000,000 greater than the total of prese national bank circulation , viz. . $172.000 0 ( while a capital of $1,000,000,000 would pi vide for $500,000,000 of this 'safety fur circulation , a sum $328,000,000 greater th the present bank Issue. So within the Urn of $500,000.000 would bo the expansion or cc traction of this currency , and this limit cot easily be extended In the future , If neci nary , by reducing the percentage of 'let tenders' currency to b * supported by t banks and extending the limit for 'safe fund' currency beyond 50 per cent of caplt "The 'legal tender' currency put out of t way by Mr. Eckels' plan of substitution bank notes , the practical result would be It all the papsr currency would be rcdeemal only tn gold or silver coin , for th ! would exist only bank notes , gold certlfical and silver certificates. " DAVID It. Mtm-.VTVS PLAN. Vctiemo to Stop the Withdrawal at < lu from tlio Trritinrjr. DENVER , Doc. 7. David II. Moffatt , prc dent of the First National bank , proposes t following financial plan to stop the wit drawat of gold from the treasury : "Let the government Issue $500,000,000 foonda bearing 2ft per cent Interest a ell them to national banks at par , ame the national bank law so that these bon Vy bo used s the basis of circulation , a lot the banks hi allowed to Usue against them at par their own circulating notes , which shall bo legal tender , In no den mlna * tl ° n Ies than $10. Also repeal the tax on national bank circulation , which would , In effect , raise the Interest on the government bonds to about 3 per cent , In taking up all the bills of smaller denomination than $10 silver will be put In circulation as change. " VTII.I. UI.IICT : : KRiri'j : HKCONO inn IVnr Drpartmcnt O.llcInU Think tlio Onmlm Mitn'n figure * Are Too Illcli. , VASHINGTON BUREAU OF THE DEE , H07 F Street. N. W. , WASHINGTON , Dec. 7. Information was given out at the War de- rartment today that the bid of M. P. Keefe of Omaha , the only -contractor who submitted bid for constructing the two new buildings t Fort Crook , will be rejected , as was done nee before , this action being taken on the ground that In the opinion of the official ! ) of the quartermaster general's office this bid Is too high. Shou'd ' this course be de cided upon by the War department the only alternative will be to advertise again for new proposals. Advertlicments have al ready been Issued the second time , asking for bids for constructing the two new build- ngs , and on both occnsons only one bid has been received , that of M. P. Keefe , the Omaha contractor. The officials of the quartermaster general's office do not seem to bo able to get a satisfactory bid for this work. In the meantime the work Is being delayed tcrlously by the refusal on the part of the War department to grant the con tract at once. The two buildings for which the bids are made are for a set of bachelor officers' quarters for eight officers ard one barrack wing for four companies. The secretary of the Interior has rendered ileclslons on the following appeals from the decisions of the commissioner of the general land office : United States , against Ernest Mattlsoii and others , entryman , Har lem Cattle company , transferee , and Kit Carter Cattle company , mortgagee , McCook district , motion for a rehearing denied for the reason that no new evidence has been brought forward In support of the entry- man's claim and his entry Is to bo cancalledt Samuel O. Fletcher agahist Hans Hoffman. Grand Island district , decision reversed and Hoffman's entry held for cancellation. Iowa William II. Moors against Chicago , Mil waukee & St. Paul railway , Das Molnea dis trict , decision affirmed and Moore's entry to be cancelled. South Dakota William G. Cook against Ralph A. Schallcr , Huron dis trict , case remanded for further evidence before the local office ; Peter C. Hanson against Christopher J. Cornelllc , Water- town district , decision dismissing contest affirmed ; Henry Kllngbery against James II. Rew , Mitchell district , decision hotdlnn. Row's entry for cancellation affirmed ; Ernest WltthoepL against Ira A. Heath , Huron district , motion for review denied and land awarded to Wltthoept. A postoffice has been established at Pass , Cherry county. Neb. , and Robert M. FaddU commissioned postmaster. The following postmasters have been ap pointed : Nebraska Amelia , Holt , county , P. A. Austin , vlco F. A. Anderson , re signed. Iowa Crlppen , Ta'o Alto county Mrs. Ida M. Klllcn , vice H. E. Hanchon. resigned - signed ; Southdown , McLean county , William Sniff , vice J. M. McMannc , resigned O'Leary. Plymouth county , Nettle Pitney vlco Samuel Harvey , resigned. South Da kota Farls , Edmonds county , D. J. Portner vlco Mrs. H. C. Farls , resigned. The Treasury department today Issues at advertisement for proposals for manufacturlni furniture for all public buildings cast of thi Rocky mountains. The furniture , when com pleted. Is to bo kept In storage until 1L li needed to furnish the several buildings. / large part of this furniture will be placet In the new public building1 ; at Fremont am at Soux Falls , S. D. The bids will be re celvcd until December 2C Inst. Sherman Smith of Omaha , who was fo several years u page In the United State ; senate , will bo succeeded In that posltloi by his 12-year-old brother , Watson , who ar rived In Washington today. Both of thes appointments were made at the sollcltatloi of Senator Manderson. Fred D. Hide of Lincoln Is attending lav school at the Columbian university In thl city. ' JIOMI ; ornncitowiiED. .llunugcra Present Their Itcport uiul Mulct Sonin Kccomiiieiiiliitltiiis. WASHINGTON , Dec. 7. The annual re port of the board of managers of the Natlona Homo for Disabled Volunteer Soldiers wa sent to the house of representatives today It treats of the twenty-one state homes. Th aggregate average number kept In the na lonal and state homes was 20.1C2 , am ho whole number cared for dur ng the year was 35.5C4. On June 30 894 , the number presented In the seven iranches of the national home was 15,373 , a 'ncrease In ono year of 1.6GS. This fact , say he report , showed a congestion that wa alarming , considering that the tlmp of th rear was one when the population of Hi IC'.T.O ' would naturally be the least , and latei when the number was greater , suspension c admissions was authorized whenever ( her was a lack of room. The suspension cause jreat distress. The board has no means c alleviating It. The men not admitted , a ! f. though entitled thereto , must In general t cared for by the charity of Grand Army posl or charitable Institutions of the cities whei f.'a : hey are stranded. There are only tw tranches which can economically and pro ) crly be enlarged , the ono at Marion , Ind 'a and the other tn California. An alternath proposition suggested Is the establishment < mother branch home In same central plac The annual cost of the maintenance of cac man at 'tlio honkes was $127.45 , a decreas from the previous year of $13.50. The dealt were 1,050 , an Increao of twenty. The li spectlon of the state homes shows that I general they are economically managed ar that the action of congress In subsldlzln them has been properly appreciated and h : caused a better care of the members , relle' Ing the branches of the national homo fro : the support of more than 6,400 member : Every year the original admissions to tti various homes more than make up the los by discharges and death. There ore no1 1,000,000 persons living who. If they becan nonsupportable , will be entitled to admlsslo to the national home. CUIUIKNCY U1M. llii Olti : CIiniSTMA ! Cnmmlttoo Thinks U Will Ito A Mo I Itopiirt It llofora tlio Holiday Itocess. WASHINGTON , Dec. 7. A program f speedy consideration of the financial pi : proposed by the president and Secreta Carlisle was arranged , by the house cor mlttee on banking and currency today. Thr resolutions were passed. _ The > , first specif ! that the plan was outlined by the preside and secretary of the treasury shall bo taki up next Monday and that Secretary CarlU and Comptroller Eckels be- Invited before t committee at 10 o'clock a. m , Monday , ai that the hearings close Saturday. Decemb 15. There was llttlo division of sentlme aa to the hearings and no voo of slgnlfican was taken. The sentiment among democra 1 was for proceeding as fast as possible ai 10.o . reporting a bill before the holiday recess. o- A second recommendation authorizes Chal man Springer to Invite persons before t Its 1111 committee ) next week to" give their view This excited some comment , Mr. Walk moving Indefinite postponement of the pi position on the ground that there had alrea been "too much talk" In th commlttt The resolution was carried , however , althou Messrs. Walker and Johnson , republlcat opposed It. A third resolution was adopted authorlzl a call of the 'committee at any time u making Ilvfr a quorum. This Is to preve delays In the speedy presentation of a bill , The meeting disclosed that there would Oolcl < lolnjr AUrouiI. WASHINGTON. Dec. 7. The cash balan In the treasury today was $156,415,337 , ; n gold reserve. $110,007,561. This Increase si- the gold reserve was due to the deposit sihe $1,500,000 ID the militreiiHury at San Fru Cisco on account of bond liurclmxes. a I h- port of which reuchpa here today. Advlc from New York , however , state that e _ Kagementu of gold for export nt the mi ' " treasury , ua heretofore reported , umount $2,250,000 , which leave * the- true amount the net gold balance $107ki7,662. With stt ling exchange strong , ut a trltle higher ( I u ure than ytst-rjuy , further exportation * u nd looked for , Roprotontativo Wells of Wisconsin Denounces the Forest Prcscivation Bill , COVERS A SCHEME OF THE LUMBER THIEVES fooling Illll Alto Cntilot an Anlmitcil Ulscusulnn llaurko Cockrau 1'nvorn tlio Mvnmiro and llrjnn Opposes It. WASHINGTON , Dec. 7. The house spent an hour today In the consideration of the bill to protect forest reservations. The remainder of the day was occupied In the consideration of the railroad pooling bill. The debate was participated In by Messrs. Dartlett and Cockran of New York and Wise of Virginia In support and Messrs. Bryan of Nebraska and Northway of Ohio In opposition to the bill. The speech of Mr. Cockran was es pecially brilliant , and for almost an hour he held the house spellbound. Debate under the five-minute rule begins tomorrow , and It Is expected that a final vote will be reached on Tuesday of next week. The bulk of the opposition seems to bo directed at the sec tion of the bill which gives railroads the right to appeal to the courts from the de cisions of the committee revoking pool orders , At the opening of the session , on motion of Mr. Martin , democrat of Indiana , the ordei for a night session this evening to consldei private pension bills , was vacated. The committee on banking and currcncj was given leave to sit during the session ! of the house. On motion of Mr. Haughcn , republican , o ! Wisconsin , the second Saturday of January was set aside fur the delivery of eulog'es or the life and character of the late Representa live George 13. Shaw of Wisconsin. The home then went Into commlttei of the whole to consider the president's mes sage , and Mr. Wilson , democrat , of Wea Vlrg'nlo , moved that the committee of tin whole be discharged from the conslderatlot of the message , and that all Its various parti ba referred to the standing committees hav Ing Jurisdiction. Mr. Grow , republican , of Pennsylvania , li accordance with notice previously given , too ! the floor and addressed himself to the banklni scheme promulgated in the president's mes sage. He described at length the operatloi of the present system , and said he bellevei the present law should remain exactly as I was , except that the banks should be allow * to deposit money as well as bonds for clrcu latlon , and take out $110,000 on every $100,00 In money deposited and In circulation up t the par value of bonds. State banks , h belleveil , should have the same rights of Is sue , with the same liability to the govern ment , together with personal liability of th stockholders. The motion of Mr. Wilson was then agreei to. In the morning hour Mr. McRae , from th committee on public lands , called up the bll to protect forest reservations. LUMBER SHARKS BEHIND IT. Mr. Wells , democrat , of Wisconsin , oppose the bill In every feature. The feature to drlv this bill through under the whip and spui smelled , he would say , savored , If he dl net have such high respect for the chalrma of the public land committee , of boodle. 1 Is said that the forestry association was b ( hind this bill. There was another assocli tlon behind It , which had Its origin In Main fifty years ago , and had now extended to tli Pacific slope. H was an association of tlmb ; ! thieves and land sharks. That assoclatlo was behind the bill. If these timber thlevt were allowed to go Into the public foresl they would bribe the agent of the Interlc department and destroy them. The pine Ian land thieves of Michigan and Wisconsin , r declared , excitedly , had grown rich on the plunder and had then bought seats both I this house and the other. He would not permit ths people of th country to bo plundered of millions of do lars worth of timber. He appealed to men bers of the house not to permit these thlevi : to go Into ths forests with the disguised pu ; pose of cutting only dead and matured tin ber. He challenged any advocate of tl bill to show a line In It designed to protei or preserve the public forests. When Mr. Wells took his sent Chalrma McRao arose and Indignantly denied tin there was any land ring or association bi hind the bill. He had assumed the rcspons bllity for the bill and If the gentlcma from Wisconsin know any hidden power b hind It he would yield tlmo to him to mal known Us nature. "I said before , " replied Mr. Wells , hotl ; "that I believe In your honesty , but U gentleman Is green In the lumber buslnei and I believe the gentleman Is being deceive and Is being made a tool of. " M'RAE DEFENDS THE MEASURE. g "I may bo green In the lumber business returned Mr. McRae , "but I take pride ! the fact that 1 represent one of the largo timber sections of this country. My stat however , Is not affected by this bill. Thei Is no Interest behind this bill save such : ought to Inspire every patriotic American the protection of the forests from devastatlr fires and timber thieves. " After some further debate by Mr. Wllso republican , i > f Washington , Plckler , repu llcan , of South Dakota , and Colleen , dem crat , of Wyoming , the morning expired ai tn accordance with the terms of the spec ! order the house proceeded with the dlscussli of the railroad pooling bill under an agre ment to take up the bill under the flv mlnuto rule tomorrow. Mr. Bartlett , democrat , of New York a dressed the house In favor of the measur arguing In support of legitimate and leg pooling. It Is urged that the granting of poc Ing privileges would jiot bo an onlargemei of the privileges of the railways. U won simply be the restoration of that freedo of contract to which they were entitled 1 comnrn law before the Interstate comnier act robbed them. The railway companl were entitled to conduct their properties a fair profit. Mr. Bryan of Nebraska opposed that se tlon cf the bill which allowed the rallroai to appeal frcm the decisions of the cor mission revoking pooling orders. The cor mitto ; should have absolute control It tl pooling privileges were to bo permitted , b he opp sed any bill authorizing pooling. Po ( Ing subverted the doctrine of competition , a'l ho denied the right of the government Intetfero with free and fair cmpetltlo or The protection of society from extort ! rested on competition. The tlmo had cr when railroad rates should be reasonable , ai he offered an amendment Intended to tc the scnso of the house. Unless me prlnclf was to exist for other corporations and o for railroads , railroad rates should be ci nt qulated en the present actual value of a ra road. The. amendment , was as follow "In determining , lhe reasonableness rates the committee shall allow profits oren on the cost of reproducing the roads a rclllng stock at the present time. rcgardU of original cost , regardless of amount of I debtedness , and regardless of the amocnt capital stock Issued , whether real or fie Mr. Bryan was applauded when he finish ! ir- Mr. Nor.thway also antagonized the meiisu lie Mr. Wise , chairman of the Interstate co : liea. merco committee , supported the bill. At 5 o'clock the house adjourned until ' er morrow. _ _ _ _ _ _ _ Jy succiws OP Tin : mruriiKiu.v cun Report of Dr. Klnjoan on tlin Uiporlmen tlint llnve lloen Mmlo In furls. WASHINGTON , Dec. 7. Of particular ng id terest at this time Is a report made to Si nt geon General Wyman by Dr. J. J. Klnyoi the marine hospital surgecn who , at t . be Invitation of Prof. Roux , Investigated t . methods employed at the Pasteur Instltutli Paris , In the preparation of the new cilre I diphtheria. Dr. Klnyoun says ( hat afi oo spending a month at tbo Institute he h ct seen sufficient to enable him to form an In telllgent estimate of the value of the d of covery. There Is , he says , still moro tong eald In Its favor than was claimed for B" by Prof , Roux In his paper on the subji before the International Congress of Hygle ' and Tomography held at Budapest September. The report gives In detail t . of steps necessary for the separation of Bin antl-toxlne , which Includes , first , the prepai tlon of-the toxlnes of diphtheria ; second , t I Immunization cf animals ; third , preservatl W GREATEST MODERN PHYSICIAN. e'l ' W To Whom Tltoiisaiids of Men and Women and Children Everywhere Owe * : : : Their Life and Happiness Today , t His Reputation Has Made Dartmouth College Famous in Every Town ajQ.d Village in the Country Prof. Edward E. Phelps , M.D. , LL.D. , Who Gave to His Profession Paine's Celery Compound , the "Wonderful That Makes People Well. - & / & & ? . . . . < > . . e P n ! S : s ir ira IB IrIs Irn Is 1. o. 1.i i- iS ir r- ri i- iIB IB IBt : t it n a. I in a.i 1 r , ie ieS ! PttOF , EDWARD E. PHELPS , M D , LL.D , id "Excepting Its handful of mcgnlfic-nt states men and Its military heroes , " says the most recent writer upon America , "the people owe more to Darin outh's physician-teacher than to any one man. "In every walk of life , among the highest officeholders at Washington , In the homes of the best people In the large cities , among the every-day folks of the country , families fn comfortable circumstances , families that 'live from hand to mcuth' and could not , If they wished , afford the services pt any but an ordinary physician everywhere I have met people to whom Palno's celery compound hns been a blessing. " The story of the life work of this giant among men has been often told and is fa miliar to most readers. The likeness above Is probably the best portrait of him yet printed. It was the world-famed discovery of Prof. Phelps cf an Infallible cure , for those fearful Ills that result from an impaired nervous sys tem and Impure blood which has endeared the great doctor to the world and made his life an era In the practice of medicine. Prof. Phelpa was born In Connecticut and graduated from the military school at Nor wich , Vt. Ho studied medicine with Prof. of and conservation of the serum. The manner of producing Immunity In animals may , the report says , be performed In one or two ways by Injections of the toxlnes tie or by Inoculations of the bacilli. The former ut method has been found to bs the best and rind at present Is the only ono In use. In the nd experiments of Prof. Roux and Or. Martin ton. animals of all kinds were used , but now they n.on use the liorbc , and It has been found to bo on the most satisfactory. It stands the prccess ne of Immunization better and gives a scrum nd stronger than any other largo animal In the same length of time , besides furnishing a larger amount of serum. Of the whole num ber of cases which came under Dr. Kln- youn's observation ( eighty-two ) three died , ll- about 4 per cent. The statistics show that rs : there has been a gradual diminution of mor of tality since last May. The report , continuing , ny gays : "The efficacy of sqrum Is better shown nd In the tracheotomies 'than In all others. The mortality under the ; usual conditions has been , from 18S9 to 1894 , something fright et ful to contemplate ; fully 85 ! per cent of the tt- patients have succumbed. ; wSince the com mencement of th9 serumt treatment the death rate has been lowered to loss than 47 per cent , and the cases upon "which tracheotomy m- must be performed are fewer and fewer , Another fact worthy of noteis that there are to- seldom any foreign complications in diphtheria that were- formerly present. Diphtheritic I ! paralysis Is rare , pneumonies are less fre quent , and although alumtnarla exists In nearly every case of several days' duration , its fatal cases of nephritis are gradually be coming less frequent. It-Js now possible to In- Immunize the reagents to' the disease. Un jr- fortunately , the Immunity Is not of long jrm duration. The longest time in which It Is .he thought to be protective 1 * six weeks , an Injection of from ten to twenty being suffi .he cient. 3D "Tho future possibilities In the second con for dition cannot be overestimated , as we have ter In the serum the almost absolute prevent at ive of epidemics of diphtheria. " In. Increiino In Quid 1'roilnrtlon. Is.be WASHINGTON , Deo. 7. The Treasury de be partment has received such figures on gold It production In the United States during the set calendar year 1891 as warruntu the belief 'ne that It will approximate (13.000.000. distrib In uted , OH follows ; Colorado. $11,275COO : Mon .ho tana , $4,575.000 ; Idaho , $2,2T.OWOj California , il.7CO.000 ; total for the four states , J20..MO.- 000 ; Increase for the four state * during the calendar year , $7QOO.jOO : production of all be other stateH and territories } 13,1WWO ; total production , UJ.000,000. Nathan Smith of New Haven , Conn. , and graduated In medicine at Yale. Ills unusual talent soon brought him a rep utation and prominence among his profes sional brethren. First ho was elected to the professorship of anatomy and surgery In the Vermont university. Next he was appointed lecturer on materla medlca and medical botany any In Dartmouth college. The next year he was chosen professor of the chair then va cated by Prof. Hobby , and occupied the chair , the most Important one In the country , at the time when he first formulated his most remarkable prescription. In view of the overwhelming testimony to the value of Palne's celery compound that has recently appeared from men of national reputation , the picture of Prof. Phelps Is particularly Interesting. New York's state treasurer , Hon. Addlson D. Colvln. Ex-Mlnlster to Austria John M. Francis. Miss Jenpess Miller. President Cook of the National Teachers association. Hon. David P. Toomcy , the publisher of Donohoe's Magazine. General John A. Halderman of New York City.Hon. Hon. John Q. Carlisle's private secretary. The popular and talented actress , Marie Tempest ; the poet-author , Albert II. Hardy ; the mayor of Montreal , brave Ida Lewis and a. host more of prominent men and women are among the thousands of grateful people who have recently sent to the proprietors of this wonderful remedy their expressions of Its un equalled value men and women who can well afford , and do command the highest medical advice In the country. Their testimony simply goes to show what New England's vigorous essayist has so aptly sa.d , that Palne's celery compound la not a patent medicine ; It Is not a sareaparllla ; It Is not a mere tonic ; It Is not an ordinary nervine It Is as far beyond them all as the diamond Is superior to cheap glass. It makes people well. It Is the one true specific recpgnlzed and prescribed today by eminent practitioners for diseases arising from a debilitated nervous system. Prof. Phelps gave to his profession a positive cure for sleeplessness , wasting strength , dyspepsia , bllllousness , liver complaint , neuralgia , rheu matism , all nervous diseases and kidney troubles. For all such complaints Palne's celery compound has succeeded again and again where everything else has failed. It Is as harmless as It la good , and It was the universal advice of the medical profession that the compound be placed where the gen eral public could secure It , and thousands of people have every year proven the wisdom oC this gdod advice. . Only n truly great and ! effective remedy , could continue , as P.ilno's relcry compound has done , to hold Its high place In the eitl- matlon of the ablest physicians and of th thousands of busy men and women whoaa only means of judging Is from the actual re sults In their own homos or among their friends. No remedy was ever so highly , recommended , because none ever accomplished so much. Today Palne's celery compound stands with out an equal for feeding exhausted ntrvta and bullying up the strength of tlio body. It cures radically and permanently. Tlio nervous prostration and general debility from which thousands of women suffer to lonK that It finally gets to bs a second nature with them all this suffering and despondency cap bo very soon removed by properly fcodlnc the nerves and replacing the unhealthy blood ) by a fresher , more highly vitalized fluid. A.1' healthy Increase in appetite and a correspond ing gain In weight and good spirits follow , the use of Palne's celery compound. Palno's celery compound Is the moat remarkable - markablo medical achievement ; of this Init half of the nineteenth century. The success of our Drapery Department warrants us in saying that greater efforts and more room will bs given this part of our business. In order that we may commence the new year clear v e make a special December sale in this de partment Chenille Curtains , Damask Curtains , Couch Covers , Table Covers , Lace Curtains , Sofa Pillows , in splendid variety at as little cost as possible. 1,000 Curtain Poles , any wood , with brass ends , brack ets and rings complete , ice each. Ten only to a customer. Orchard & Wilhehn CA22JPJBT CO. j . 1414-16-18 Douglas St. * M