Nebraska Newspapers

    " " " " ' ' ' ' - - . . , < - 4.'lf'4" . , . . ' . . . l..Lt. Ar' , - , " " " ,
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- - - - - _ _ _ _ _ TH OMAhA . DAIlY DEE : S1DA Y , ' } AROI 10 , 1S0 . 13 .
SPIKING FREE TRADE
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i3ritain' Ancent Hobby Forsaken by I .
Ardent Frends ,
m
LEVYING A DUTY ON CERTAIN GOODS
QuahiL ProtEotionlt Argument by Oon *
spieuou Free Trader
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PERPLEXING PROBLEMS SEEKING SOLUTION
. -
¶ Fho Labor Question and Bimetallism Prees.
lng t the Front . ,
NUMEROUS PITFALLS FOR TIlE MINISTRY
; Trou"lul" Thnr , for the l'rcsent Govern
IIIIt ! , wHh nl""olulon , Ttninlncnt-0p -
ton Unmhlng YJRorouKly COllcmnc(1
-Industrlnl 1111 Agricultural 111
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LONDON March 2.-Speclal ( Correspond
encc.-Theo } are Indeeti troublous times In
England. Every day brings rumors of the
1soluUon ot the present government. What
wlh the ulemploye blmetallBm , protecUon ,
and , BUI more recently , the que9lon of excluding -
eluding from British ports geode manufacture -
ture In the prisons and penientaries of
other countries , the government's fght for
'I txIBtencf IB both incessant and eevere. Some
- - of the debates with which the Islon ,
opened read more like our own dlscusBlons
on el\'er and the tariff than the debates In
the national leglelature at 1 country which
declares these queBtons a6 setled for nil
, time to come " . and that to dispute Eng-
bnd's attitude thereon I equivalent to
Ihowlng that the multiplication table Is Inaccurate -
accurate and the Tin Commandments a raIse
' basl , of morality. I was In the Stranger'
I gallery the day Mr. howard Vincent Intro-
duced his resolution demanding that her ma-
3esty's government at once take step looking
toward the prohibition of prison made goods.
In the course of the exceedingly interesting
debate which followed Mr. VIncent pro-
uced and exhibited to his colleagues sam-
pies of prison made brushes , which , without
intending a pun , fairly bristled with arguments -
mens aglnt admitting this class of gooda
free of duty. The debate on this resolution
surprised me moro than anythIng I have
-.4 heard In Eenglnd during this visit. Men
whom I aupposo were as orthodox free
traders a ! Mr. Leonard Courtney-who said
In my hearing the other nIght that If free
trade . meant the ruin at England he would
rather son her ruined than return to pro-
tectioii-coolly arose and declared that the
prohibition ot prison made goods did not Involve -
volve In the slightest degree the question of
free trade. John Morley took this ground ,
and so did Mr Chamberlain.
A HEE TRADE PROTECTIONIST.
Real Ut. lIon. Joseph Chamberlain's
Ipech and I will b found to contain pre-
cindy the same arguments that our protec-
tonlsts UBe In the United States. What will
Mr. McKinley , for example , think of this ?
"English prison work , aB we know , Is con-
lIned to two or three trades , but the Germans
have actually sent over to this country for
models of English manufactures , and they
are making them In their prisons. At the
present time they are making about twenty
diFferent articles In various branches of industry -
dUBtry , so that , after they have contrived to
ruin the brush trade they will go Into many .
other . trades " , .
.Mr. 'Chmberlaln favored the jnotion. So
L _ . did' Mr. Morley , who remarked : . "I am not
for one moment bound , In the Interests of
free trade , or In order to be a consistent free
trader , to admit Into the markets or this
country convict made goods made In this
f country or convict gods made elsewhere
That Is not free trade. "
I I Is not , Mr. Morley , then you give
away your entire argument From prison
labor It Is only one step to the labor that Is
partially paid at a lowe rate and partially
helped along by the per rate , whether by
old age pensions or direct relief-I mean
pauper labor. From pauper labor It Is only
another etch ) to the labor that Is paid at a
rte which kelps body and soul together.
Here you have the American principle of a
prtectve tariff , !
M , . Morley , however , went still further :
"In my own constituency I have oren been
challenged on this question , and I have never
laid that upon economic grounds , and with
the strictest regard to economic principles , I
would allow prison made goods 10 come into
competition with the products of free labor.
I will go a step further. I I would not allow
the products of prison Industry In our own
country to come Into competition with free
labor , still less should I bo able to sacrifice
that sensible maxim In deference to the con-
enlence of any other country. "
Some few of the old school members would
not depart from the theory that the cheaper
goods were the better I was for the country.
They argued that , In a sense , all German
labor Is at this moment subsidized , for every
German workman Is guaranteed by the slate
a pension for his old ago and Is thus able to
work for less wages today. Are we to pro-
hibit all German goods ? they said Far moro
Important than any state subsidy , It was
p ; claimed , Is tim subsidy which nature gives
to her favored la 11 s. Why should England
boggle at prIson made goods that Germany
sends us when she throws her ports wide
open to shiploads of wheat ripened by richer
sunshine than England can hope for ? The
fact Is that the free trade doctrine must
stand or fall as a whole. At least this would
seem to bo the logical outcomo. There Is ,
110wever , no logic just nol In British legis-
lation , which Is as likely to drift Into pro-
tecton doctrines or bhnetulsm as socialism
10 long as the masses of the people demand
I with sunclent determinatIon and vigOr
TIE I IEE TRAD TIIO Y UPSI T.
The irotectlonist.the ( mover of the reso- :
luton , Mr. Vincent , being one ) had no show
In the debate , for , ! S I have said , Mr. Morley
and Mr. Chamberlain were not to be outdone
, by anyone on tim question or prohibiting
' lie entry of the Ilrlson ) made gods of ( or-
sign countries Into the United Kingdom , how-
ever they might fool In relation to the gees
macho by pauper labor. Mr Vincent was
modesty itself , and he , In a way , made proml-
flout his protection notions. lie simply demanded -
manded the passage of the resolution on the
Rrouli that 100,000 foreign prisoners were
unfairly competing with lrltsh Illuetrles
and were preventing English workmen from
earning a livelihood. lie trusted that I
would receive the support of both sides of
the house , as I was not connected with any
' political part and It was fromed with no
arty bias.
Mr. James lAwther , a straight up and
down protectionist , admitted that thl was
a strong case , but assumed that his free
trade friends would contend that the hnllort-
etlon of prison made goods conferred -n Inestimable -
estimable advantage upon i1glsnd by cheap-
ening the prlo or commodities. lie wished
to know where the line was to be drawn-
whether the Interests ot the , home producer
were always to be sacrificed to the Interlsta
of the foreigner , whether the Interests of
the honest inhabitants of this country were
always to be sacrificed to those of the alien
l'elonVas such competition fair and rea-
enable ? , He hope this issue would be
dearly recognized by the b"vernment , The
facts were fully Illaced before the government
by omclal reports , and the government would
slow be In a position to state whether I intended -
tended to SUck to the principle of buying In
the cheapest market under all condlUons , or
whether they thought that It lat the Ino
should be somewhere drawn.
Parliament , when thus brought face to
tae with the II/ocUcl question , and the
government being unable t louger delay tie
Ulttr by reference tD committee or ry.il I
commission , decided to drew the lne encl
goods made by prison labor , ant the re3iu-
cl pa5sed. Thus has the entering wedge
to Of piotection of free trade. been driven In aCer a genera-
TIlE UNEMPLOYED
I might be laid that bimetalsm and the
a unemployed are always at band In 1 sense
this . 1 so , but they knocked lou enough tbls
, " , . ,
,
0"
Um for OM of them to be her , and In In- I
quiry a to the resent condition of the unemployed -
employed ha begun In earnest and will be
prosecuted vIgorously , Ever alneo lat autumn -
tumn there hiss been a squabble about the
number of the unemployed. The hoard of
Trade issues "oilmes upon volumes of fig-
urea to prove everything Is all right and that
wage earners are well fed , wel paid , pros-
plrols and happy. With these figures some
statesmen seem to bo content. Meantime we
hear of misery , and even starvation , which ,
durIng thlso cold winter months , has simply
been sickening. The streets are fled with
beggars , and hundreds ot thousands tramp
around unable to fInd work Keir Hardie , a
labor member of l'anhisment , has made an
estimate that over 1,000,000 people are at
this time out at work In the United Kingdom.
Add ( to this 1,300,000 puperl and It Is a good
( leal like a dead hand resting on the papila- I
tion . The tabulated statements of the Board
ot Trade , however , show that wages are not
decreasing. handle says this ts not
true As a miner , twenty or morO years
ago , he was paid 8 shIllings per da ) ' . Today the
seine labor Is paid only 4 shillings G pncl
a trifle over half. The working population ,
ho contended , were no better oft In England
now than then Employment today was
most precaious , A man over middle ago
found It almost Impossible to find employ- :
mont when from any cause he happened to' '
bo dismissed. The conditions under which
Inllltries were comlucte ( , compelled produc-
ton to bo curled on quickly and cheaply ,
whIch le to the dlBplacement of men n
longer In the flush ot youth The conflict
for existence hero Is simply terrible The
facts thus tar developed by committee how
that In some London Parishes plper lave I
50 cent
been Increasing at the rate of r per
during the winter months. In spite of the
harshness of poor relict , which precludes all
but the hardened poor , the army of paupers
Is increasing surely and steadily as the
wants of England are more and more sup-
plied by foreign countries. One after an-
other British Industries succumb to the In-
cvitabhe. ' 'hle this Is trite , I Is nevertheless -
less a fact that I the wOlh that was being .
produced } was distributed fairly , want of em-
ploymont would be Impossible. The trouble ,
In Pn.tnrl RPoms to b as with us , the un- '
equal ' distribution or what Is produced
A < TI01N I TIE GOVERNMENT'S SIDE.
while most discreet
Tlo protectionIstE , , 'hlo mot
when engaged In' passIng such a resolution : S
that against IJrl9n labor , are nevertheless
debates In witch
very much In evidence In debatls
a point can be score against the free traIlers
of the old school. During the debate on ag-
riculura depreol n the fIrst week of the
present session , Mr. Lowther , the protection-
' read the following resolution -
Ist leader , folowing reo-
lution , which was passed at a
recent meeting of farmers from all
parts of the kingdom : "That the unfair com-
petition of untaxed foreign Imports with
petton
home produce and manufactures , which are
sUbject to heavy internal taxation , Is an
anomaly and an Injustice , and , } by causing the I
diminution of the demand for home labor :
and the contraction ot the purchasing II'we
of the community , ad\'er3.1 : : fect every
trade In the country. And this conference
Is further of opolnlon that all competing Import -
port should pay a duty nit I fs ' : nl : ho "
rates and taxes levIed on hm production.
of
body
These are the opinions of a large
Englishmen to < a ) ' . They urge the imposition
on ahl foreIgn Imports that come Into competition -
tton with home IndustrIes duties based on
the principle of I sliding scale , which would I .
automatically cease to bo levied on any
commodity , Including the necessaries at life ,
exceeded the
as soon as the market price
figure at which It could be produ5ed at a
fguro
Droft In this country. As far as wheat _ was
concerned , protection , If adopted , would have
to be a ( opted all round. The price of bread
now , with wheat at 20 shillings , was sub-
stantlally the same as It was when wheat
stood at 40 shillings , and this proposal
would simply restore maters to what they
were when wheat was 40 shillIngs. One of
the strongest points made tn this debatean
old one , to be sure , In the United States-
was the fact that even In England the home
trade Is ten or twelve times as mudh as the
foreign tra e. These facts seemed to strike
some members with surprlBe. Never within
the memory ot this generation have doctrines
directly or indirectly involving protective
principles been listened to In Parliament
with such respectful attention.
' GROUND
GAINING
BIMETALLISM GROUD
The blmetallBts , represented by Mr. Chaplin .
In , Sir W. Houdsworth , Mr. Everett and
others , have given Indications of being very
much alive. From all I 'lar , It will be a
matter of surprise I this se3slon adjourns
mater authorizing some steps In the direc-
tion of taking up this Important question. The
ton of pries , the continuation of a depression -
sion , now for nearly a quarter of a century ,
I and the depreciation In value of Industrial
nrnflt. has alarmed all engaged In productive
occupations. - I may be true that the volume
of trade has been maintaIned. The profits of
trade , however , ere gone , both for capitalist
and wage earner.- The manufacturing dis-
tricts of England are living to a great extent -
tent out of capital and destroying the store
which was to provide for 'future generations.
In Lancashire scarcely a new mnuractory of
any account has ben erected In the last
two or three years : and , although the num-
ber of spindles and looms might remain the
same , It Is well known that one-third are becoming -
coming totally ineffective , and will shortly
be wept away. The Investment of capital In
England : has fallen from $1,035,000,000 In 1889
to $215,000,000 In 1893 , and nearly $180,000,000
of that sum was Invested not In productive
enterprises , but In loans to foreign and colo-
nlal governments. Indeed , of the remaining
Ilal sum , about $5,000,000 are invested la music
halls and hotels. Thus no foundation Is being
laid , for the future employment of the people ,
and the result wi be that the kingdom wi
hI Innl"l , In some overwhelming catastrophe.
_ _ _ .n _ - - -
w _ This . , In brief , Is the argument of the bi-
metalhist. who Is just nov carrying on a
pretty active campaign , with , possibly , re-
suits which will have important bearing on
suls American currency problem. One of the
most outspoken at the speakers was Mr.
Everett , who said : I
, "Our gold standard Is the real cause of I
the depression. We are cursed with a stand-
te
and that IB steadily apprplUng. This con- '
tnued growth of the standard or gold has not
been brought about by any natural CaUBl
It Is entirely an artificial work , tile work of
entrely
legislation. I Is not a difference In the gold ,
but In the work that gold has to do , and
whereu In 183 the only countries that had a
gold standard were England and her colonies
nol , Portugal. containing n population of
about 47,000,00 today no less than 320,000,000
of people had come under the gold standard.
During the last twenty years gold lies had a
sevenfold work to do , Such a state of things
could have no effect but to produce an enor-
mous fall In prices "
TIE PLMSOLL OF AGRICULTURE .
Meantime Mr. Smith of Liverpool , who Is
called the Plmsol of Agrlculure , has come
to the front and secure considerable support
for his antopton legislation. This by some
Is regarded as a lure cure for depression. On
this subject Admirable Field said :
"Commercial gamblng stood condemned by
the common consent of all woo had any
knowledge of the subject. 'rhe Centul
Chamber of Agriculture and time National
Agricultural union had iaS3eI rc.niutoJ
condemnatory of the system Wht wee
wanted was I bill of a single clause which
would compel a seller to deliver what he ,
Bold , ny the passing of such a bill the
whole business of gambling would be steppEd
In forty-eight hours , Often nowadays \llTe
was no intention on the part at lime llhr !
to deliver goods , and there was no Inl ! nt\n
on the' part of the ( buyer to recIve lhem
Seventy-two million bushels o corn \ are
IJld In one day In New York , Such I stock
of corn did not exist within 1,000 miles of
New York One of the evil consequences of
this system of gambling was that the "n- :
fortunate farmers , when they went Into the
market with their produce , were as helpluB
as turtles which were turned over on their
a turles .
who along the beach
back by seamen ran <
and then carried them off at leisure to the
. for realized In the
shtl a. The prices produce realzell
local markets were the prlcM that were determined -
termined by the gamblng transactions at
Liverpool and I.ondon. This thing was or
American growth. I was Importli In 1883
from Anierica , where all the bad thing
came fren , Including time present bad
weather , "
hero we have In brief the several schemes
brought forward up D date for the cure or
present Industrial and agricultural ills In
England . They take a wide range , and In-
elude the establishment of light railways ,
the abolitIon of commercial gambling , the
monetzaton of sliver and the re-enactment
of 1 Ilrotectve ttlr. Surely these Are In-
teretng problems for the old country to
grapple with.
LANCAShIRE IN ARMS
With those questions In the front , Lnca-
shire made the other day a tank movement
on the government of such force that the
' . ' .b \ . - ,
"knowln ones" predicted Immediate dlsso- -
lulon , The result 'i , though Lancashire
tried to raise the cry ot protection to the
Indian cotton manufacturers agaInst Man- .
cheater , she was obliged to go down al they
say In the prize ring , to avoid punishment
The vote , which sustained the government
by a large majority , does not indicate such
an antagonism to what . the Manchester len
cal a protective duty , but which Is In fact
nothing but n G per cent revenue tariff .
The fact Is , aside from this particular mater ,
India Is rubbing Lancashire severely In the
manufacture of cotton yarns and the next
thing wo shall hear Is a howl from that tree
trade stronghold for a protective duty on
Indian yarns. India has been progressing , and
progressing with great power , and has arrive
nt a wonderful result. From the day when the
Crt colon mills were erected In Bombay ( ( n
18G5) ) mills have continued to spring Into ex-
Itence , till now there are 11 cotton , mis
In India. In 1882 there were 1,55GOOO
spindles In India , and now there are 3aOO,000
spindles. The result Is that India Is pro-
ducllj 170,000,000 pounds of yarn , against
40,000,000 pound of British yarns which go
Into India. What with her cheap labor , Ilald
In slIver ; her dextrous operatives , who are
willing to work any number of hours : her
nearness to the cotton fields , and the advantage -
vantage of importation of Britsh machInery
free there Is no reason why India should
not In time do at least the cotton spinning
for the world The worst of It al , from n
Lancashire point of view , Is time fact that
with this duty India can purchase the finer
grades at American cotton , In addition to
working up her own cotton , anti then under-
eel Manchester In England or In the world's
markets. I this b true to any great extent -
tent , I tear there Is nothing left for our
Manchester friends to do but to follow tIme
advice they were so fond of giving others In
the go,1 , old days when free trade was the
mighty "cure-all"-try something else
UODFRT I' . POUTER.
LINOOLN'S RENOMINATION.
Scenes nt the 1IIlmoro Convclton on the
FII.I Hol call.
That WS a business convention , and when
the roll cal began , Maine simply announced
its sixteen votes for Abrnlam Lincoln , writes
Noah Brooks In the Century. New Hamp-
shire , coming next , 'atempted to ring In n
little speech with its vote , but was summarily
choked off with crIes of "No speeches , " and
the cal proceeded In an orderly manner , no
delegation venturing to make any other announcement -
nouncement than that of Its vote. The con-
venton struck a snag when Missouri was
reached , and the chairman of the united dcl-
egtons made a brief speech , In which he
said that the delegation was under positive
Instructions to cast Its twenty-two votes for
U. S. Grant : that ho and ' hits associates would
support any nominee of the convention , but
they must obey orders from home.
ThIs caused a sensation , and growls of disapproval -
approval arose from all parts of the conven-
ton : for It was evident that this unfortunate
complication might prevent n unanimous vote
for Lincoln The Missouri delegates , It should
be understood , had been chosen many weeks
before the nomination of Lincoln became In-
ev\abl . There never was any recall of the
instructions given at a time when It was np-
patently among the possibilities that another
than Lincoln might bo the nominee of the
national convention.
When the clerk of the convention announced -
nounced the result of the roll cal It was
found that Abraham Lincoln had 507 votes
and U. S. Grant twentytwootes. . There-
upon Mr. Hume , chairman of the Missouri
delegation , Immediately moved that the nom-
Inaton b declared unanimous This was
done. Straightway the long pent-up enthusiasm -
thusiasm burst forth In a scene of the widest -
est confusion. Men hurrahed , embraced one
another , throw up their bats , danced In the
aisles or on the platform . jumped on the
benches , waved fags , yelled . and commltl
every possible extravagance to demonstrate
the exuberance of their 30y. One of the
most comical sights which I beheld was that
of Horace Mayard and Henry J. Raymond I
alternately hugging each other and shaking 1
hands , apparently unable to utter a word ,
so full of emotion were they. And when the
big brass band burst out with "Hail Columbia -
lumblal" ! the racket was so intolerable that
I Involuntarily looked up to see If the roof
of the theater were not lIfted by the vol-
ume ot sound. When quiet was rest r d
and other business was about to be resumed -
sumed , the band again struck up "Yankee
Doodle" In its liveliest manner , and another
torrent of enthusiasm broke forth : and It
was a long time before the excited and jubl- ;
lant assemblage could b quieted down and
order restored. In those days the mere
sight of the American fag , or the sound of
I national melody , would stir an assembly
to fever-heat.
- -
A DUET
, -
Yankee thade.
DarloneNow we're engaged , If you have
any brothers ,
By that I mean the men whom
you've refused.
They must be on a footing with
the other :
I won't have any mid endear-
ments used ,
Now wo're engaged.
Soprano-I you had any sister and I
knew It ,
I mean I girl who said she'd be
your sister ,
She should be taught how not to
do it ,
And comprehend that you can
quite resist her ,
Now we're engaged.
engaget.
DartoneAs beauties it I wished , to look at other
Now you are minI
Soprano As though I cared for men
Compared to you ! I hope I know .
my duties ;
Of course we used to frt , but
that was then :
Now we'ro engage .
I ,
liarltone-Wimo was the man with topcoat I
lined with sable ?
Soprano Who was the girl with bonnet
trimmed with pInk ?
DlrloneI would unable. Inrorm you , but I 1m
Soprano Id tel his name , but really I
can't think
Now were engaged.
Barltome-Now servatories no more , lingering In con-
Under dim colored lights and
S tropic bowers .
Soprano- Now stories no more reading sentimental
To girls and giving them bonbons
and flowers ; ,
Now we'ro engaged
Baritone-I shall , not tolerate the least flirtation -
I warn you fairly.
Soprnno Please don't be enraged : -
Dut might we lometmes take I
brief vacation ,
Now we're engaged ?
lendr for Enmf'rgcncies.
San Francisco Post : "Say , what dos that
" stranger of a Montgomery
mean ? Inquire a I
street clothing dealer , as the Interrogator
drew atenton to time weather signals tut-
toning over tw Mills buiding ,
"What color are they ? My eyes are bad. "
"Well , there Is a ret ) fag , with a black ,
square In the center , and- " !
"That means a storm "
" - and underneath It Is a white flag. "
"Tht means fair weetimer. "
"Vell , what do both together men ? A
fair weather storm ? "
"No sir ! the man who handle them Is a
weather prophet , and Is compelled to be care
ful In his predictions , so as to make no mis-
takes. Those signals moan 'eithmer fair or
foul weather. ' "
"Oh , " and the stranger bought nn umbrella
and dUBter.
.
I'rlghttul to Sailors on hut Ham
The sailors on the Ammen ram are very
wary about going Into the manholes that
lead to the water-tight compartments between -
tween the outer and Inner shells. The space
between the two hulls Is barely two feet high
and the manholes admit only a small man
"nut I a fellow gets away In there and be-
comes scared , " said a workman the other
day , as he screwed on the manhole cover ,
"he will swell up and he can't crawl back
through the hole to save hla neck I was In
the third compartment the other day and
when I thought how awful It would be to
have the otter cover screwed on while J was
there I got Panicky and trIed to crawl back.
I couldn't get through anyway , although I
had gone In easily enough , The harder I
tried the bigger I swelled and the men
finally had to pull me out. When they got
me through the clothes were torn off my
back , so tightly ball I . been squeezed. "
Time shIrt waist I. once again to the fore ,
In anticipation ot the war season. The
sleeyes are larger than they were last year ,
and the turn-over collars are deeper
, , . . " :1 _ .
Boston 0 , r Store 1-
: it ; Furniture Sa1e.- - "
OUt great March sale of Furniture and Carpets continues all this week. Furniture
of all ki ids is 25 per cent cheaper than last year , and carpets , 10 pep cent cheapar.
For moht1hs we have been preparing for this sale , beginning with the country's largest -
gest facot'ies . Many of the goods offered in this sale are less than then can be pro-
duced. Our prices on everything from the cheap , reliable to the finest goods made ,
will be a revelation. I is a great big unprecendented chance Our floor is teeming
with values. Space will allow us to show only a few Note prices on Tribune picture
frames , all complete , 25c. We have enough to supply all Omaha . ,
' . , .
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k 1N ; : ' - . ± i'j '
N - . . Oak Stand-polish finish nlso Immlnlon mn 3.pIecc . fled Room suit , antique fnIsh , 2 x'O mir - Combination ] loolc Case nn (
- imuomiyhrats ieet-reguiar price $ t- ,
- - - hlgol hrl , feet-rgular . 1.1 roi' ; ro"uhw price $24 ' Sale ) lco
' , $2.00 $12.00 $1190 iS
.
All hard woo < , cane scat , Sale Ilrlee - - '
: :
' . ,
$1.58 p : .
'
'S
,
. "
AU Slit ing ed"o , Witon lug , flngOl ( , plco , $12. ' , " ' .
Same in 'l'apostt.y Cover , $5.00. . - . - , ' " . f
! . . 1
. -
- = - - , : '
i
J
"
iTiiT i I = a . . : .
I _ _ 1 : . :
ti ( _ I r , 1 I ' Enameled whie Iron Bed - brass Sell oak Sideboard , beveled mirror on top ' ; :
' " , J .s - _ - ; ' " J : : .1 I I trimmed PrIce , polish finish , worth $5 , O Sale toP : . ; :
10 Parlor Rocklls-in 11ark ma'ngo- . $4.50 $12.00 '
, , _ ,
. ,
Ished-worth O " arch sale price. '
$ . _ _ ,
oalc emIosNe < meatier1seat , fInely tin- , - : t
Ished-worth $5 , March Sale price Water Color white and gold I
G2I ' 6'9' frame , size 16x2 Sale price , White and Cold Frames , with glass for Tribune Picture , 250. ; \ .
_ ' oJ. . $1.50 \
BOSTrN STORE Furiture and Carp t Department. BOSTON STORE ' :
" 3d Floor N. W , Cor , 16th and Douglas Sts
_ - - 1
COOPERATIVE 'IO1E I . ! BULDING
-
Additolal Safegiar JI 'ip sei by Repre-
sentative Rouse of Hall County ,
IMPORTANCE OF A RESERVE fUND
Pennsylvania Restricting Association Dusl-
floss to the Counties Where Orglmlzcd-
Late Developments In the Des
1olncs Tnnglc- Kotcs.
The bill Introduced by Representative
Rouse of Hal county and known as house
Roll 61 proposes an Important reform In
the management of building and loan associa-
tons In Nebraska. A similar measure was
Introduced two years ago , but was stranded
In the snarl at the close of the session.
The present measure Ii i now on the house
calendar and may possibly pull througb.
The bill provides that associations "organ-
Ized on what Is known as the terminating
plan shall fix and determine periods for
declarIng dividends , which dividend perIods
shal not bo longer than twelve months ,
and at the end of each such period shah
deduct from its gross profits all losses and
expenses , and from the net profits , If any ,
remaining shall set apart and place to the
credit of a reserve fund at least I per centum
of such net profs before any dividend Is
made , until such time as such reserve fund
shall b equal to at least I per centum of
the total amount due its shareholders Such
reserve fund shahlbe maintaIned and used
for tim purpose of protecting the members
of time association against unusual and extra-
aBBoclaton aginst
ordinary losses. "
"Out of the profs umalnlng , Ir any , after
deducting expenses and losses and the amount
transferred to th . reserve fund us herein-
above provided , dividends shall bo made ,
which shall In all , cases be made ratably on
all shares In proportion to the book value
al proporton
of said shares at the beginning of the I
dividend period ; provided , however , that as-
soclationa may declare such dividends endues
dues pall during the current dividend period
as may bo provided In their constitutions or
by-laws ; and , provided further , that nothing
In lhls section shall be so construed as to
require an association to pay such dividends
In cash or to pay members withdrawing be-
fore maturity the full amount of the dividends
declared before such withdrawal.
"No association incorporated for the pur-
poses named In the first section shah collect
from its members any special fund for time
purpose of paying xprnses , excepting that
It ; may charge a membership foe of not to
exceed one-hal of 'llkr ' ( cent of the par
value or its shares : butHtl expenses shall bo
deducted from Its pryqpIps } hereinabove Ilro-
"
vlded.
Time law of 1891 nt mpts to regulate the
questions of tortelturqsqincelIationis , and prepayment -
payment of loans , butt , .slent on the ques-
tion of preferred stock and distribution of
ton profs and assessment bt expenBes. These
the measure leeks to aedy.
Where a building n qclaton Is organized
for the benefit of the " f w who manipulate
It , rather than for the benefit or its members
as a whole , nn alemptll generally made to
Introduce Into Its oilfiuton or by-laws
provisions that wi Ily the burden of ex-
pense more heavily upntho ! class that Is to
be exploited , and dlvertlt e profits largely to
the class that Is manipulating the aSBocla-
tion . This Is attemmjfit t' ' In several ways :
ton. alet/MW
First , Dy creating df.rlnt classes of shares
and providing that , gnjIn \ shares shall be
exempt from the JR\jn contributing to
losses and expenses and , second , hy Impos-
log excessive member > hlp und cancellation
fees , so that the withdrawing member Is
compelled t make a disproportonately large
contribution to the association's expenses
Besides providing for an equitable and
proportionate distributIon of pelts , the bill
requires ' the formation of a reserve fund.
This fund Is created by the netting aside
of a smal PHt of each rear's profits before
a dividend Is made ; this Is a precautionary
measure that experience has , howl to be
necessary , and that Is voluntarily adopted
by many of the moat conservatve building
associations. I Is Intended to Ilrotect the
persistent member against unexpected 10BiCS.
Whie justice demanda that profits In
these associations should be divided equitably -
bly and proportionately , It alsC demands
that persistent members should In some way
be protected against the possibility of bearing -
Ing more than their share oC losses on old
business , an the reserve fund Is created
. , . . , . , . " t" : . _ t.
for the purpose or accomplshing this result.
purpse
It institutions of the kind went before
I Instutons
the public under any other guise than that \
at co-operaton. It might , prhaps , be doubted
whetherlegislatlmn - , was.needed , to control
them : but so long as associations are organized -
ganized all sol lt business under the guise
and In the name or co-operation , tt behoovcs
the legislature to see to It that such associations -
ctons are actually co-operative In their
character and are organized on an equitable
basis ! , to the end that the wage-earning
classes of the community may not be deceived -
ceived or be led Into investing their funds
In what purports to be co-operative societies ,
but which , In fact , are rely corporations
organized for the benefit or a few stock-
holders at the expense or the many.
Nearly all the older associations In the
state have started reserve funds as a precau-
ton against losses Incurred In business , but
It Is desirable that the law fx the amount.
Otherwise , the temptation to limit It to I
meager sum wilt operate to destroy Its purpose -
pose To make It a reserve fund In fae ,
rac.
as well as In name , I should b increased In
proportion to the increase In the aSBocla-
lion's business. The necessity for such
provisIon Is felt by all association manaers.
The experience of all 'was voiced by PraM-
dent Meyer of the Mutual of Omaha , wimo .
In his annual address last week , expressed
regret that the association did not create a
reserve fund sooner.
CONFINED T COUNTIES.
A measure Introduced In the Pennsylvania
legislature proposes to apply the knife t the
root of national associations In that state.
I provides "that hereafter It shall be un-
lawful for any person . or persons to solicit
or receIve subscriptions to the capital stock
of any association or company authorized
and empowered to do , perform and transact
such business as building and loan associa-
tons are by the laws of the Commonwealth
authorized and empowered to do , perform
and transact , except within the county
where the prlncral office of such associa-
ton . or cmpany shall be located a arore-
said."Any omcor , shareholder , member or agent
of any such association or company violating
any of the provisions of this act shall be
guilty of a misdemeanor , and upon con-
vIcton thereof shall be sentenced to pay a
fine not exceeding $1,000 , and to undergo
ImprIsonment not exceeding three years. ,
"Any person hereafter violating any of the
provisions of the act shal b guilty of a I
mlsdlmonor , anmi upon convicton thereof
shall be sentenced to pay a fine of not exceeding -
ceeding $ ! OO , and , to undergo Imprisonment
not exceeding two years "
TiE DES MOINES COLLAPSi : .
The affairs of the collapsed Des Moines
associations , the Union and Iowa Deposit ,
are not Improving with the lapse of _ time. ,
I anrthln , they are drifting from bad to
worse. Manager Richmond has been released -
leased by the courts and time orders to pro-
duce the missing books revoked. Without
these books It will lIe ImpoBBlhle for the
receivers to determine the extent of the
losses or time manner In which the receipts
were disposed of The purpose of lchmond
evidently IB to harass the receivers , and by
delay erect a settlement with the share
holders. The Des Moines Register , referring
to the release of Richmond , says : "When
this mater was frt brought to time elton-
ton of the court , and } when the judge issued
his famous 'scare' order , that Mr. l1chmond
must produce the books or g to Jai , one
of the judges , who was not on the bench at
that time , was heard to say that I he was
presiding ho would make Richmond produce
the books within thr hours or lend hIm to
jail . We are not crllclslng the judge who
rendered the decision last Saturday , releas-
log this man rrom all responsibilIty , but we
are saying that there Is something wrong
In the laws or the courts when such things
aa this are possible , when sharp managers I
can 'lose' or steal thousands at dollars which
depositors have placed with thlm , and the
every evidence or such deposits can be 'Iosl'
without anyone being held responsible ! Time
treatment which the depositors or Irreglar
banking concerns have been subjected to In
title city during the last few weeks must
convince them that ( for them there are
neither laws nor curts , "
Mesers . Heeson and McHugh , tim new
managers of the Iowa Deposit , are confronted .
fronted with a dlmcult task Dr Blllnney
heft time concern 1 deficit of $16.000 , and when
this was made good a new difficulty arose ,
The friends at time retired doctor rallied
to hil support , and are showing their con-
tempt for the manner of his taking off by
withdrawIng In droves DurIng the past
two months withdrawals to the exent of
$56,000 have been paid , and applications for
$6,00 are on file , Tie managers are now
enforcing the claus limIting payments on
celptl. withdrawals to 'one-half ' the monthly re-
. . 0
' 3 . , . _ ' ! 4 : . " ; ' -
THE SCHOOLS OF THE PEOPLE
.
-
Plans and Projects for Improved Educational
Facilities ,
THE NATIONAL CONVENTION or TEACHERS
Vigorous Dlnls AgaInst the Spirit of Mill-
tury TraIning-An Illulry Into the
,
Cost of School Books-Notes of
Schools amI Colleges .
Reports received by the committee In charge
of arrangement ! for the annual convention of
the National Teachers' association , which
meets In Denver next July , indicate an Immense -
manse attendance . "All advices , " says the
Rocky Mountain News , "are to time effect that
tIm teachers are coming by hundreds and by
thousands from all the states or the union ,
and that they will crowd the city to its full
capacity for successful entertaInment.
"The sessions of time convention will consume
a week , and ' then the visitors wi scatter over
the ' state to the various mountain resorts , and
have a full month In which to enjoy the air
and scenery of Colorado before time lmit on
their railway tickets expires This fact malts
the' event one of state Importance , and will
contribute materially to the bustle of time re-
sorts durIng tile next month ot August.
Preparations for the proper reception and entertainment -
tertainment or a crowd of visitors should
therefore ho . made " at all points which invite
tourist travel.
. MILITARY DRILL.
The school directors of Chester county ,
Pennsylvania , unanImously adopted a resolu-
lon expressing reh'et and apprehension "at
the growth of the spirit of militarism In
our midst , a' seen In the recent attempts to
Introduce military training Into our public
school syatem , believing such training to be
highly detrImental to the youth of our land
as tending to encourage a love of war and
bloodshed , rather than the preservaton of
peace , as well as to be undemocratc and
unamerlcan In principle and dangeroul to the
stability or republican imistltmitionmm. "
. Commentng on this declaration , the
Sprlnglel } ( MasB. ) Republican says : "It Is
one thing to subject school boys to such
physical drill as will Improve their carriage
and acor' ' } healthful anti lmelptul exercise ,
and another thing to bring army omcer Into
the schools and put time pupils Into a regular
course of military training. There exists
enough of the spirIt of war In the youth of
the day wihout thus Invoking special means
for its culivaton arid orgammization . This
Idea that preparation for war Is the best
means of averting war Is utterly wrong and
proved to bo such by all imiatory I has
turned Europe Into an army camp as cosiy
anti , as much of a drain upon the strength
and resources and prosperity of the people
as the war would bo against which the preparation -
aralon Is made , 'Ve want none of It In
thus part of the world "
COST OF SChOOL BOOKS .
Time cost of school booleB Is a matter which
Interests every famiy , amid yet comparatively
few realize time difference between cost of
production and the retail prIce. I II
claimed the lroft of time retailer are very
small , and therefore the buit of the profits ,
go to time trust .whlch controls the Pubhica-
tion . A change of text books proposed In
Cedar Iaplds , Is . , Induced the Gazette of
that city to investigate the matter , and here
1 the result :
here Is an "Independent Third Reader , "
published by A. f. Dares & Co. , New York
and elsewhere There may be 210.00 ems
In time composition of this book The cuts
are cheap stock and wihout meri , and under
present conditions are not to ha considered
as Iems of the cst of proJucton , The text
mater has no merIt of any extraordinary
kind , and was P8lbly I'rellared ' by people
working on monthly salary. The composition
of this book at 25 cents tier 1,000 en11 would
amount to say $80 $ , not more than $100 , Including -
eluding in-hex , pnJace , cover , etc. On an
edition of 10,000 volume that would be 1
cent per book for composition . The paper In
one book should be bought for 6 cents an Scents
anI
cents would bo enough to pay for the binding ,
making the book cost not more than 15 cents ,
Iia soldat about 41 cents , so that the people
pay directly and indirectly 30 cents profit on
I IG-cent article. Standard works , contain-
Ing four times the amount of matter and
> ' - ) . : ' o"2,1 : of 1
.
"
bound In cloth , are sol } at retail for , IS cents < J
It wilt thus bl seen how the bolt conClrnl 1 ,
are enable by some means , party thrug' ' :1 :
the national copyright laws , to rob the people , 'f
for rObbery Is time exact offense In this case '
The above Is only an example. In few In. 'i. .1
stance are the profits less. In I great mans t
they arm greater. , < . ,
Let the matter bo considered with retlrenCC
to time total I Is probably n very modes )
estimate to SY that on the average each on ( j
of time 4,000 school children In Cedar Rpid anI {
requires $2 worth of books per year , making . J
a total expenditure of $8,00. Dy the nbovi .
calculation $5,000 of this amount Is an un.
just charge , , , This district every second yea .
must build a school 'houso ' at a cot of about
$18,000 , or an expenditure of $9,000 per year , , '
so that the book concerns actually secur 'A
through unnecessary profs from our pepl ' ;
more than unit enough to pay for erectinR .
the school buildings and aHoglther enough to . I 1 ,
keep the school buildings In repair. Think 01 ,
It and then wonder why time legislature 01 " , .
Iowa has not stopped the able./
EDUCATIONAL NOTES I
I I proposed to issue I $5,000,000 In bonds
in New York City , time proceeds to be devoted -
voted to the erectiomm of school buildings. S
Time school savIngs fund system orgaumized
in a nunmber of cities of Pennsylvania Ijva
years ago imas been time means of much good ,
and its success is gratifying to time originat.
ore. An excellent example ot time operation
of this individual banking scimenme is provided -
vided in Chester , whore time boys and girls
in time public scimooiu have the summi of $31,771
to timeir credit , and withm tIme districts 01
South Chmcstem- , Upland , Eddystomi and Man-
cue hook Included the aggregate is $10,623.
Six years ago thme current yearly expenses
at time Kansas university was $7G,000. Since
then time attendance has doimbleti , yet time annual -
nual expensea now do not exceed $100,000.
Ileloit college Is the latest institution for
lmigimer education to open Its classes to
women.
S
Time capital of time acimool fund of time state
of Minnesota amounts to $10,712,219.60. Timd
receipts from sales of land are invested in -
tim securities of time stab of Minneata ,
Time most valuable collection of books devoted -
voted to transportation antI kindred indue-
tries in title country imas been added to the
library of time Leland Stanford university ,
Time collection will be known as time hop-
kimis railway iiimrary , and contains 4,000 books
and 5,000 pamnpimlets.
Cornell hmas a short course in ngnculturo ! , , -
extendIng tlmroughi time winter , whmlch is attended -
tended by eiglmty farmers' boys who would
otimerwiso never learn scientific umictimods , as
timey cannot afford to spend four years at limo
university , Most of time boys are , of course ,
residents of New York state , but thmore are
also representatives from Pemmnsylvania. A-
Mlchmigan , Indiana , etc. , and even ohs Jap
anese student ,
Ex-President Andrew D , Wlmite of Cornell
university , vimo recemmtly resignemh the position -
tion of United States minister to Russia , Is
spending time whiter In Italy and Bavaria.
Among time gifts wlmieh ime is coimstantiy sending -
ing to Cornell is a series of handsome oil
Irnrtraits of famous jurists for time law ii-
brory , Time latest portrait sent by Mr. White
itt a lmalntllmg of Cimammceiior Kent , one of -
America's greatest legal writers ,
l'cry I'5iirimt-MIiimIod ,
Probably omm of time most lmmumnoroua cases
of absent-mnindedmiess occurred in one of time
office bumildings , says time Cincinnati Tm-ibune ,
For at least half an imomir time elevator boy
imad noticed an old tenant of time building sit.
ting upon tIme stairs outside his office , 'Think ,
ing time mmman was sick time boy asked imln
why ime wail sitting timere' so iommg ,
"Just read that card I tacked upon the
doom' , " ime said , S
Time boy did so and read : "Will return at 3
' " SNot
o'clock ,
Not understauiding time boy said : "Have you ' -
lost your key ? "
"No , you idiotl" roared time man , "Don't
you know timat it is only 2:30 : amm I have still
another half hour to wait ? "
1 % Bare 'I'iilng ,
S
February , 1866 , is referred to by astrono.
more as "time month without a full mooon. "
January and March of timat year had cacti twp
full moomis , wimilo this intermediate nmontit
did not have one , Says 4 wrIter in an astron-
omicai journal , reterrIngjtothis fact : "DO
you realize wimat a rarsQipffgu ) nature it
was ? It lisa not imappened 'before eince time
beginning of time Chmnistian era , probably
siumce tue creation of time worldi It will not
occur again , according to time computations
of time astronommier royal of England , for- '
how long do you tbiimk ? Not uumtil afLo
2,00oo0 years froni 18661"
_ _ S. -