THE OMAHA DAILY BHE : MlLNDAY , MARCH 8 , 1890.
UNIQUE YANKEE WAR SHIPS
1W Typos Not DnpUotccl Outsidn the
Unitocl States Navy ,
WATCH DOGS OF THE SEA COAST
JPlie Monitor , tlir Ttmn , tlic IJyiinmlle
Criilm-r , ii ml tlic llnllnmt flttliiiin-
rliie Torprilo llnnf
of linrh.
< Cop > rlht , IMS. by 8. 8. McClurf. Limited. ) '
English naval experts have not only ac
knowledged publicly In recent years that
the quality of tlie new navy of the United
Btnlcii In better than that of any afloat , but
they liave declared that all nations must look
to thin country for decided advance In the
art of naval warfare , Yankee Ingenuity , they
oxpcct , will Bolvo many difficult problems.
Ship for plilp our naval vessels nro known to
bo superior to ships of similar typos In other
flavins. The superiority of our battleships
bf tht Indiana class to thoflo ot the Royal
Sovereign class In England , although the
HnRllf'h vessels arc nearly 4,000 tons larger ,
is be ) Hid dispute. Undoubtedly the fact that
the United States ha alwaya excelled In
finality In navnl matters leads the officials
of other countries to extjoct great things.
Whitcvor may como of this expectation
jit lu not known generally that already thin
Country has four types rf vessels not pos-
Bcejod by other nations. Each of these types
marks an advance In naval warfare , and al
though perhaps only one Is new , their do-
jvelopmcnt has given the United States' navy
n defensive strength Huch as the navy of no
other country has. These- types ore : The
Monitor typo of battleship , the best example
of which Is the Puritan , soon to go Into com
mission ; the Bo-called dynamite cruiser Vo-
rfuvlus , as to whoso success or failure the
Navy department seema to bo In doubt ; the
lAmmon ram Katnhdln , Just ready for active
( work , and the submarine torpedo boat , de-
> Blgne.1 by J. F. Holland and now being built
In Ualltmoro.
Although the monitor type ot war ships
I THE HOLLAND SUBMARINE BOAT RAM MING THE ENEMY UNDER WATER.
Is nearly thirty years old and Its success
is beyond dispute , other nations have been
content to let It remain an American typo ,
* or which , of course , there Is a reason. That
probably Is that monitors a.ro good for de
fensive purposes chiefly. Foreign navies
want offensive ] as well as defensive ships.
No country possesses a ram like the Ka-
tahdln. Doubt as to the success of the Ve-
euvlus has prevented other nations from
copying ; after her. Many nations have tried
submarine boats and some have had par-
jtlal success with them , notably Russia and
tTurkey , but their vessels have been small
affairs compared with the Holland boat which
the United States Is now building , and which ,
It Is believed , with all the confidence that
eclence can-assert in the domain of specu
lation , will be a complete solution of the
problem ot navigation under water.
FINEST FIGHTING MACHINE AFLOAT.
American navnl oflcers have asserted for
years that the Puritan will be the finest
Jlghtlrg machine afloat. She will have four
guns of 12-Inch bore , which Is next to the
lancer t size available , for use on vessels.
l\t a distance of a mile these cuns will bo
able to pierce the thickest armor on any
ship afloat. What makes the Puritan es
pecially formidable Is the fact that she pre
sents such a small target In herself. She
lias less than two feet of fros board when
lighting. She can lower herself several
inches In the water by flooding tanks. She
Jias fourteenth Inches ot the very bsst armor
on her sides. Her two turrets seem to be
the cnly places ot importance on the ship
% vhere she can be hit. These arc to have
eight Inch armor and Inasmuch as thly armor
Is curved , It is as effective for protection
as If It wore several Inches thicker. The
vessel draws only eighteen feet of water.
/This / light draught makes the Puritan a
model harbor defender. In Now York she
would not be compelled to Ho In the main
ehlp channel , but she could cut across lota
in tlio Swash channel and head oft any for
eign battle ship that might have slipped by
Jier.
Jier.Tho
The Puritan , like the Terror , Monadnock ,
'Ainphltrlte and M'antonomah , has been
twenty years In , building. On.tlie whole , It
the old mnnllnr came llmplnr Into port ,
laving actually boatcn Inn Keariagc. which
had len mxklng fop the mma MfaRp. The
now inonltorn could probably outlive any
RaSc , * o IODR ai the water did not flood theme
mo ! j pipCM and thus put out the Ires. Such
a tf.ntlnRncy ha * not happened to any
largo vessel In recent ywrn , and hence It It
aafo to declare them absolutely seaworthy.
Their chief mission , however , la that
of harhor defence , nndi the bat *
tloslilp has not been built or even
planned that the Puritan , the largest of
tlicic oM and yet new monitor * could not
cope \\lth on equal terms In or off of New
York or any other harbor. Indeed the advantage -
vantage would ba with the Puritan because ,
being so small a target , probably her shots
would be CO per cent more effective than that
ot an opponent of equal theoretical lighting
capacity.
THE DYNAMITE CRUISER.
There can be no doubt that there has been
so much opposition to the so-called dynamite
cruiser Vesuvius that many persons vlow
her with suspicion. U Is Raid that she Is
Impracticable , that she l unsafe and that
In warfare she could not get near an an
tagonist. The 'act la the Vesuvius has never
had n fair trial , oven theoretically. Those
who champion her point to the. fact that she
can throw not less than 16,000 pounds of
high explosives at n given mark a mile away
In half an hour. Such an engine of war as
this has powers of destruction the like of
which have not been dreamed of until the
present generation. Moreover , this platform
of gtmcotton guns can bo moved from place
to place at high npccd. If she were hidden
In some cove 111 a harbor no battleship
would date for a moment to' try to como
within the possibility of her range. One
of her air torpcJocs striking the water within
100 yards of a ship would probably tear
out the sides of the craft , no matter how
formidable It might be , by means of the
vacuum created by the explosion. No vessel
could live If actually struck by ono of the
cartridges that the Vesuvius could throw.
It Is no wonder that the Navy department
hesitates to discard such an engine of war ,
even though It bo shown that "dynamite"
KUIIB are moro effective on land than on a
floating platform where It Is difficult to
regulate the distance of hurling missiles by
compressed air owing to the constant rise and
fall of the ship ns a gun platform.
Tests made three years ago at Port Royal
showed that In target shooting the Vesuvius
made a marvelous showing , even though the
ofllcers and crew were not trained In that
kind of gunnery. At a fixed target , the Ve
suvius being stationary , nearly 100 per cent
of the shots were effective , and some ot the
shcotlng was as close as with the big guns
on ships. When the target was in motion
and the Vesuvius stationary or In motion It
was found that the number of effective shots
was greater than In actual warfare. The
charge , therefore , that the ship could not
shoot effectively was dlrpclled.
But there was a serious hitch. None ot
the projectiles which were leaded with gun
cotton exploded. The fuse which was sup
posed to cause an explosion on impact didn't
work. It was , of new design , and It was
said that it would be easy to remedy the , dif
ficulty. Even if this were not possible the
fuse that was tried when the ship was ac
cepted by the government could bo used. The
explosions caused by that fuse were such as
naval ofllcers never saw before. They tore
up from the bottom of the Delaware river
great blocks of black mud and threw them
with the water In the shape of a crested
mountain 300 feet Into the air. It was as If
a volcano had burst In the river bed and had
begun to salt tire and water. When those
mud balls began to fall they seemed to gather
the water about them , and they resembled
Immense comets with watery tails rushing
toward the earth. No ono who saw that ex
periment ever doubted the value of the Ve
suvius as an engine of war.
HOSTILITY TO THE VESUVIUS.
It must bo remembered that the Vesuvius
can bo of no service unless she Is within
a mile of her antagonist. Her opponents say
that she would be riddled by her opponents'
quick-firing guns before sh'e could get within
range. Ono ohot In her unprotected1 mag
azines would wreck her. That Is undoubtedly
true , but the same thing Is true of every
other torpedo boat. The Vesuvius is nothing
more than a torpedo boat. She hurls her
torpedoes through the air Instead of through
the water. She has high speed to avoid being
struck by projectiles. She would have an
even chance In a fight and If aho were pro
tected by a battleship she could approach
near an antagonist with comparative tufety.
THE AMMEN RAM KATAHDIN RAMMING BATTLE SHIP.
la well that their completion has been de
layed , for tliey.Uavo twin screws , Improved
armor and modern cuns , which they would
not have had had they been finished ac
cording to their original designs. Although
they do not belong strictly to the "new
navy , " they are as modern In their line as
any cf the new navy vessels. So thorouchly
'American ' 1s their typo that one ot the
otrlctly new navy vessels has been con
structed on their principle. That vessel Is
the Monterey.
SEAWORTHINESS OF THE MONITOR.
There Is a mistaken notion that monitor
boats are not seaworthy. It Is true they
ore not adapted to tronsocean voyages be-
cautu they lack coal carrying capacity , but
they are thorough seagoing boats. They
Ore "wet" boats , but they are staunch. That
, \vas thown conclusively three years ago
\vhon the famous old Kearaigo was towing
one of the old civil monitors from Now York
to Ncrth Carolina. They got In a furious
Kale tff the mouth of the Chesapeake. The
Kale wan of cyclonic nature. Those on the
Keariago thought the monitor would sink
before tholr eyes. The tow line parted. U
seemel Incredible that an old monitor with
limping cnK'iiea and leaky Joints could live.
She waa I'otlilnu but a chip ot Iron floating
In a terrific tea. At flrut those on the mon
itor though * that their time hid come. They
Mould not L'lvit up , however , and found that
they could maintain steerageway with the
untlquated machinery and that they would
live If the force of the scan did not start
the r \ eta and open up the vhlp. It wis an
uuxlcus ( line , but they put for Norfolk , and
after forty-eight hour ? ' struggle , when It
avau penarally believed that both the
Jfcars co and her tow must have gone down.
If only one of her thirty theta hit the
mark , even though , slio might be lost lor- |
sclf , she would bo a succesu In an engage
ment.
Open hostility has been shown In the navy
to this boat. Certain naval o Ulcer a have
declared that use of gun cotton and similar
explosives belongs to the army. Wholesale
butchery work , such as the USMJ ot those
explosives euggeata , la not to their liking.
There can be no doubt ai to the success of
the "dynamite" guns on land , but why the
government should reject their use on a
moving platform , simply because they are
not aa effective as on a stationary platform ,
baa not been explained. Many persons who
are familiar with the facts as to the op
position In the navy to the Vesuvius do not
h or ! tat a to ariert that It arise * from motives
'which are highly discreditable to any man
whoea , profession 1 that of warfare. The
, Veiuvluo draws only cloven feet of water ,
, has a epeei of nearly twcnty-twq knots and
3,800 horse power. Darting about a harbor
) with little regard to channels and with
enormoud powers of destruction Jn her hold
there la no telling the probable limitation of
her po"er and value. She IB useful lu time
ot peace In blowing up wrecks along the
coart and In tlmo ot war would be of great
value , for any agency of destruction' Is
valuable then.
EFFECTIVENESS OF TUB RAM.
Tbo ram Katthdln docs not rest on specu
'
lation 'merely ab to Us value. The loss ol
the Victoria ] In colllolon with the ram ot the
Ciinperdown In tbe Mediterranean tea three
years ago showed the effectiveness of the
ram. Ttere were Instances of It In our civil
war. Numerous accldonta at oa have shown
that collision Wow * are the mart f Ut to
shlpn. The KnUhdln Is built for that pur-
pora solely. She ha a thick steel deck of
armor capublo of rc t tlnn the attack of or
dinary guns , Hep prow Is of solid steel and
v.-elRhs fourteen torn of Itself , Her ram In
i-londer as well as sharp. The Idea of that
Is that she may draw away when aha has
struck her antagonist a blow nnd not be car
ried down when the Injured vessel goes
under. The Katahdln carries two small rapid-
firing guns for use In case ot attack by tor
pedo boats. Her speed Is aoout fifteen knots.
She will not hesitate to attack any vctrscl
that floats. She has more than seventy
water-tight compartments and numerous
pumps for use In case of Injury to hcrsjlt In
collision. She draws only fifteen feet of water
and thus Is In some measure Independent of
channels In harbor defense. Numerous de
scriptions ot her have been printed recently.
It If only within a short tlmo that It be
came generally known that this country was
building a submarine torpedo boat
and that within a year the craft
would probably bo In service. This
submarine boat Is aa yet unnamed.
She Is to run on the surface at the rate of
sixteen knots an hour ; awash , that Is , with
only the observation turret nnd smokestack
showing , at the rate ot fifteen knots an hour ;
submerged completely , at the rate of eight
knots an hour for six hours at a stretch.
When running under water storage batteries
are the propelling power. When runnlrg
nwnth or on the surface steam Is used. When
about to dlvo Iho smokestack Is dropped
Insldo the craft and all openings are made
tight. Compressed air furnishes breathing
atmosphere. Paddloe that resemble In princi
ple the feet of n duck are the means by which
the diving Is done. The boat car , be made
to dlvo twcnty-flve feet In twenty seconds
when running on the surface and in ten
Cacomls when running awash. It carries
five torpedoes , which are to bo discharged
against a hostile vessel. When It Is not do-
slrabld to como up In the presence ot an
enemy a camera luclda , which Is nothing
more than a pipe about eight Inches In dlJm-
etcr with a lot ot mirrors In It , Is poked
up out of the water and a vlow of the sur
roundings Is obtained. The vessel has sat
isfied every requirement ot the Navy de
partment. It she Is the success which U
Is reasonable to think she will be , no man-
cf-war In existence would dare to come Into
a harbor she was known to be guarding.
Thus there are four types of vessels that
the United States have that no other nation
possesses. They nil grow out of the policy
that this country needs a navy chiefly for de
fense. For this purpose those vessels can
not be equalled ; for offensive purposes they
are of little value. That of itself tells a
story ot the policy ot this nation toward
others.
Much has been said about the psslbllitles
of bombarding New York" by a hostile fleet
lying eft Sandy Hook. This 'Is practically
Impcss'ble. ' Owing to the difficulty of .ele
vating the guns sufficiently , the largest ot
them could not be made to shoot more than
eight miles. That would be from eight to
ten miles from New York City. If the Ve-
cnv'us ' , ICntahdln or the Holland boat were
In the harbor not ono boat of a hostile fleet
would dara to venture Insldo the harbor ,
THE HUMNU 1'ASSIOV.
Important Information ! > > 'I'Iiiiip.
A messenger boy called up the central
telephone ofllco yesterday , relates the Syra
cuse Courier , and asked the operator If she
knew what love was.
"No , " she replied. "Say , If you find out
let me know , will you ? "
"All right , " said the boy.
In a little while he called her up again
nnd said : "Say , I found that out. About
love , you know. "
"What Is It ? " asked central.
"An Itching of the heart that one can't
scratch , " said the boy and he ran off.
Not iPrecedent. .
A well known naval dignitary has a beau
tiful daughter , relates the Argonaut. A
young ensign , with no resources but his
salary , fe-11 In love with her and asked the
old gentleman for her hand. The father at
once taxed him with the fact that he had
only his salary hardly enough to keep him
In white gloves and to burnish his , , brass
buttons. | 4
"Well , admiral , what , you say Is true. But
when you married you were only a" , midship
man , with oven a smaller salary than mln ? .
How did you get along ? " asked the ensign ,
who believed ho had made the most diplo
matic of defenses. But not so. The crafty
old ora-dog thundered forth :
"I lived on my father-lh-law for the first
ten years , but I'll be d d If you are going
to do It. "
Tlio Toiiuli of ( lie Ijcnp Yrnr Ilnnil.
At 9 o'clock last Saturday evening , says
the New York Sun , Algernon stood at the
front door of the house of the girl he loved ,
but to whcm he dared not say the word.
For a long time he had ben sparring for
points , but to the bashful these things do
not appear In a clear light , even though
they clearly exlsl.
He had runs the bell once , twice , thrice ,
but there had been no answer.
Nervously he stretched forth his hand to
ring again when the door was opened by
the one being In all the world who made
his life worth living.
"Why , Algernon , " she exclaimed , "if I had
thought It was you I wouldn't have kept you
standing out In the cold so long. "
Ho thought of how long ho had been
standing out In the cold and wondered when
the curage would come to him to go In out
of It.
"You know , " she continued as she drew
him Insldo and closed the door , "that the
servants are out tonight , and some of the
family have to answer the front door bell. "
Ho thought he saw n chance to make a
start In the right direction without alarmIng -
Ing her. That had been the trublo all the
time with Algernon ; he was In mortal terror
of frightening the girl by some emotional
precipitancy or other , and thus destroying
his hopes forever ,
"Why , Miss Dora , " he said In tender , In-
slnuat'ng tones , "don't you know my rlnc
yet ? "
Sha looked dcwn at her empty finger a
where no Jeweled setting shone , nnd then
looked up Into Algernon's face.
"No , Algernon , " she said , blushing , "I
do not. But you think It Is almost time
that I did ? "
lUuffcil the Governor.
Thc-ro is R routh In a little Tennessee
town that deserves a monument. After the
usual manner cf his sex and age , he > fell
In love. .The object of his affections was
the daughter of the village autocrat , a
man who considered his word law. who
brow-beat his neighbors , ran the affairs of
his church and grew rich by the extortion
of usury. The young man Is a fine- speci
men of manhood , even among the fine lookIng -
Ing men of Tennessee , has no bad habits , la
reasonably well off and a prime favorite
In the social whirl. But the old gentleman
had no use for any ono who does not cringe
to him and acknowledge hla social sov
ereignty. This the youth would never do. For
this reason the father flatly refused the
application for his daughter's hand , adding
a sting by naming half a/ dozen others to
whom he would willingly see Her wedded.
The young man slept over the matter and
the next day called'at the office of the ob
durate parent. Among other .charms this
lover has a voice aa soft and sweet as a
lute. Bolting the doer as he entered and
sitting down In the presence of the auto
crat , ho spoke throughout In his most
musical ton en : "You old bald-headod orang
outang , hypocrite , skinflint and tyrant , I
am here to ask again for your most estima
ble daughter. I do not come bearing palms
or offering sacrifice'to your silly , p.'g-headed '
pride. If I were not going to become A
member of your family I would use you to
smash the rest ot the trash In your ofllce.
This marriage Is coming off and if you In
terfere even by aword I'll make you think
a comet ran over you. " The voice would
have lulled a baby to sleep , but the words
knocked every semblance of autocracy out
of the old gentleman and he's putting in
all his time getting ready for the wedding.
During the winter of 1893 , F. M. Martinet
ot Long Reach , West Ya. , contracted a se
vere cold which left him with cough. In
speaking of how he cured It , he saya "I
used several kinds of cough syrup , but found
no relief until I bought a bottle of Cham
berlain's Cough Remedy , which relieved me
almost Instantly , and In a short time brought
about a complete cure. " When troubled with
a cough or cold use this remedy and you will
not find It necessary to try ueveral kinds be
fore you get relief. It ban been In the
market for over twenty years , and constantly
grown In favor and popularity. For sale at
25 and CO cents per bottle by druggists.
CO-OPEHATiVfiSIOJIE BUILDING
I ! I'll
I' < >
The Value of StaWH > Rogulaton ! Demon
strated iti Nebraska ,
U III
IOWA WRESTLING .iWlTII . THE PROBLEM
S-nni > nlH of a Mf-V U e llccninineiiilcil
liy n Cotiiitiitt4A' < < lt ( lie l.cKlMln-
lurr I.ocnlt'ituiil Grnrrnl
Note * .
State officers charged with the duty o ( en-
fotclng laws regulating" certain lines ot busi
ness rarely comply'with the strict letter of
the statutes. They frequently permit danger
ous latitude rather than provoke ( ho critic
ism of officious supervision. No matter how
generously they construe the law or how
tar they permit the managers ot a public
concern to go before an official check Is
ordered , the charge ot officious meddling In
Us affairs Is sure to bb made. This criticism
serves the double purpose of venting the
wrath of the fellows brought to book and
enables them to shift the odium ot failure
from their own shoulders ,
An Instance of the tendency to criticise
officials for performing their duties and the
subsequent jurisdiction' ot their acts Is In
structive and points ft moral. At the session
of the legislature of 1891 a law was passed
amending the homestead or building associa
tion act of 1S73 , Thd law placed building and
loan associations under the control ot the
State Banking board. Local and foreign * as
sociations were required to make annual re
ports to the board. Certain fundamental
principles were required to bo'embodied In
the constitution and bylaws ot every associa
tion seeking business In Nebraska. Constitu
tions and bylaws were to be approved by the
board and a certificate to that effect was
made necessary before any association , home
or foreign , could legally transact business In
the state.
All local associations promfitly compiled
with the reasonable provisions of the law.
nut associations -Incorporate , ! In other states
paid'1 ' no attention to It. Their annual re
ports wore made regardless of the law's re
quirement ? and their constitutions and by
laws were clearly vlotatlvo of the plain pro
visions of the statute. For a year or moreno
no attempt was made to compel outside
associations to do that which home Institu
tions were required to do. Supporters of the
latter naturally protested against this Illegal
discrimination and Insisted that It any official
favors were to bo granted they were entitled
to a share. They asked for a fair field and
no favors and rightly urged that competitors
from other states be made subject to the
state law.
After nearly two years' prodding the State
Banking board decided to act. Foreign as
sociations were ordered to comply with the
law. Falling to do so within a limited period ,
the board , at a meeting In February , 1893 ,
refused to grant them certificates to do busi
ness In the state.
This action of the "board provoked sharp
criticism from Interesltd'Vartlw. ' The mem
bers of the board were accused ot shutting
out foreign capital ajid preventing the people
ot the state from securing loans on what was
falsely said to be ) llfcasonablo terms. " It
was even charged that lodal associations were
jealous ot foreign compeJLUIon and that they
Influenced the board' In doing what the law
required. The locals' ' plead guilty to the last
charge , but other-accusations were shown to
bo groundless , for thore/ison [ / that the state
was open to all associations complying with
the law. " * " l '
The wledom ot OhftnflJctlon ot the State
Banking board three .years ago has been re
peatedly demonstrated. , Prior to that tlmo It
la estimated forelgn'a'893clatlons secured
$300,000 In Nebraska unfler false prctcnseo.
In' checking their : operatlpns and eventually
excludingthem the board , has saved the people
ple of the state ten ? ot'tnousahds of dollars !
and' practically proticted'ltho ' 'state from the
financial scandals such tas Iowa111111013 and
Minnesota experienced within recent tlmej.
Unconsciously , the board did more. It placed
the official stamp of approval on the princi
ples of home thrift and Industry , and restored
public confidence In Nebraska home building
Institutions organized and managed by citi
zens of the state. 'It was an assurance that
state supervision would supervise.
REGULATION , IN IOWA.
The demand for a law regulat'ug building
and loan associations In Iowa Is one which
the legislature is not likely to Ignore. The
fact that one association successfully plucked
citizens of the state out1 of $200,000 and left
but $50,000 ot doubtful assets to show for It ,
and In addition succeeded In eluding pun
ishment for swindling , renders the enactment
of an adequate law an Imperative necessity.
Various bills have been Introduced to meet
the emergency , and a lubricated lobby Is
on hand endeavoring to divide the .friends of
state regulation by urging conflicting meas
ures. A committee of the assembly has
taken tlio best features , ot the bills Intro
duced and Incorporated' them In a new meas
ure , the passage of which the committee
recommends. The bill declares that all
corporations formed to , lend money to mem
bers upon security shall bo known as buildIng -
Ing and loan associations' ; that they shall
bo formed by not less * than five persons ;
that those formed ot lowans In Iowa shall
be known as domestic uTid those associations
of other states doing buslncM there .shall be
known as foreign associations. Foreign as
sociations shall pay to the auditor the follow
ing fees : For filing application to do busi
ness , $100 ; for each certificate of authority to
do business and each annual renewal thereof ,
$50 ; for filing each annual statement of the
assets ot the aszoc'atlon amounting to $30.00) ,
$3 ; from $50,000 to $100,000 , $5 ; from $100,000
to $250,000 , $10 ; from $250,000 to $500,000 ,
$20 ; from $500,000 to $1,000.000 , $20 ; and
more than $1,000,000 , $50. Domestic com
panies shall pay $25 for each certificate
and $10 for filing each annual statement ,
but If the association docs business In one
town only the fees shall be > one-fifth of said
amounts. When laws of other states dis
criminate against Iowa associations , then the
same discriminations shall be applied by the
auditor to associations of those states doing
businew In Iowa. Foreign companies must
comply with the provisions of this act within
sixty days.
Foreign building and loan associations by
the proposed law cannot do business In Iowa
until they have filed a report of their last
year's business and received a certificate
from the auditor of stole , If the examination
ot their business Is satisfactory to him. They
must comply with -the 'act before sixty days.
A fineot $10,000 or , Imprisonment for five
years Is provided for officers guilty of false
statements to the auditor. The auditor Is
required to examlneoahmially every building
and loan association , doing business In the
"
state. -
Thcaj provisions rt'TaU'iis to the formation
of such concerns arpjspiQHflc. The power to
force associations to.adoiiL methods of doing
business to amply protnct members Is lodged
In the executive counrtl bf the state , made up
of the governor , aud toru treasurer and secretary -
rotary of state. Tho. council must approve
the articlesof Incorporation and may force
the adoption of amMidinmts to them. The
law provides ( bat ottlref handling funds for
the members of their association shall give
bonds. Directors m'ay'Vtbt hold office moro
than five years. Tito amoelatlons aggrieved
by any action of th.e..exfcutlve council may
appeal to the district ctlurt of Polk county
and thence to the supreme' court of the state.
A ? to the methods ifilpug | ) business by this
law , the following provisions are made ;
The expenses of suctfsssoclatlons must ba
provided for by a1bceW ( \ charge named in
the articles of incorporation and bylaws and
shall not exceed $8 to jcarry Installment stack
to a par value of $190. The net earnings
shall be apportioned an a dividend annually ,
aeml-annually or quarterly In proportion to
the credit ot members.
A building and loan association shall have
power upon the terms named in Its articles
of Incorporation to Issue qtock to Its members
to be paid In stated or monthly payments , but
not more than 100 shares shall be Usued to
one person ; to assess and collect from such
members dues , membership fees , fines ,
premiums and Interest qn loam , and the same
shall not be deemed usurious ; to permit lia
members to withdraw all or parts of their
stcck , to acquire , hold and transfer real
estate and personal property necessary to Its
business , to make loans to Its members on
uucli terms , condition * and securities as aft
authorized ; in caio qf foreclosures the bor
rower shall bo charged with the full amount
cf the loan , together' with dues. Interest ,
premiums and fines , and shall be credited
"IMITATION"
Is the smccrest flattery.
pping ' 96
JBL. feH J'
Opening Day Tomorrow.
\47G admittedly do the largest
Tailoring business in the
world ,
IT'S a large variety of woolens
that's required for our
many stores located in
every principal city in
America.
TPHE cloth - makers of the
world were certainly at
their best for this season's fabrics , and their efforts place at your dis
posal the most handsome array of
PRING AND SUMMER
JL ARJL.L1I ( kJ'U' ' ' AfAJLvJLJLJAl
That skill and long experience only can produce.
Trousers . . . . . . . . .Thousands - . ; . - Suits
to order to . to order
Sslect From
The best materials are none too good
for you this season for you can get the
best at medium grade prices.
You'r more than welcome to examine the fabrics.
Salesmen will not urge you to purchase.
WE
MAIL
So Lit/fr
SAMPLES
15th
with the-same value of his pledged shares
as If he had voluntarily withdrawn the same ;
to accumulate a reserve fund for the pay-
m6nt of contingent losses.
Shares shall be ot a minimum par value of
$100 , and a table showing1 the withdrawal
value of stock at successive periods shall be
printed on the certificates of stock. Members
shall have ono vote for each share of stock
not listed for withdrawal , but no ono person
may vote more than 10 per cent of the total
number of shares In proxies. No person shall
be elected to ofllco in the association against
the written objection ot the executive coun
cil.
AN INSURANCE NOVELTY.
Philadelphia , famous for loan and building
associations , has a new Idol In the organiza
tion of societies to Insure medical attendance
for those who belong to them. Two or three
hundred mnn organize and pay a dime a week
Into a fund to pay doctors' bills. If a mem
ber doeo not need a physician ho gets no re
turn for his contribution , but If he has occa
sion to call a physician during the year , the
latter Is paid out of the fund. The effect of
the aM3clatlon Is that the services of com
petent physicians'are ' obtained , who glvo such
patients the best asrvlco because they are
imre of their pay. On the other hand , the
poor man In whose family there U a case of
protracted Illness obtains much better medi
cal attendance than ho could pay for If he
depended wholly upon hte own Income.
A FLOURISHING INSTITUTION.
The eleventh annual meeting of the .stock
holders of the Mutual of Omaha , held during
the pant week , was the most numerously at
tended In Its hlatory , Ttyj reports of the
officers show the association to be In a flour
ishing condition. Slnco Ho organization In
1885 It has handled $152,073.92. Of this It
repaid on ehar'es redeemed J245.634.GO and
disbursed In profits $06,704,77. The first , second
end and third series of shares have matured
and wore paid , the sum disbursed for that
purposa last year amounting to $20COO. Tha
receipts for the pa t year were $45.709.12.
The number of shares now outstanding Is
2,193. Depressed condltlono obliged the asso
ciation to take considerable real estate
pledged as security for loans , but a contin
gent fund of $4,392 , one-fourth the amount
loaned on the property , afforda a reasonable
margin for depreciation of values.
Slnco the Mutual dispensed with the prac-
tlcp of charging a premium for loans and
tiubstltuted n straight Interest charge with
out deduction , there has lieen a substantial
Improvement In the character of the security
offered. Under the old practice the man who
bid In a loin placed the association under
some obligation to accept the security offered
If there was a reasonable margin ot value.
Besides , there was no opportunity to ex-
amlno the security until the lean was bid In.
Now this U all changed. There la no auc
tioneering. Applications for loana are consid
ered in the order of filing , and tbcro ID ample
tlmo for examination and Investigation. The
result fulfills the expectations of the mana
gers of the association.
IliilIilliiK- Norltit | < m XoU-H ,
The postponed annual meeting of the Ne
braska State League ot Local Itulldlng and
Loan Associations will be held at Lincoln ,
April 28.
The Omaha re-elected the old ofllcers at It"
lat't monthly meeting G. W. Loomls , proilr
dent : Elmer lBryson. . vice president ; Lowls
S. Reed , treasurer ; George M , Nattlnger ,
secretary ,
The attorney genera ) of Illinois rules that
asaiciatloai cannot borrow money tn loan to
members. "Such a proceeding , " he says , "Is
entirely foreign tq the objects of which such
an association is ere J ted and would undoubt
edly subject It to a forfeiture of Its charter , "
Tlu South Carolina leglrlaturo has rejected
a bu'ldli-s ' and loan bill , which was framed
by an ajent of a foreign building and loan ,
aiioclatloiii and which , a member of the
houre charged , would allow the foreign buildIng -
Ing and loan companies to charge ujurlouj
rate * .
TOLD OUT Oli1 COUHT.
Ancciloicx mid IiielilciitH Concerning ;
Ileneli mill Iltir.
A young man with a delicate , straw-colored
moustache and foot ball hair parted In the
center and glued down to his temples , coun
tered carelessly into ono ot tifl superior
courts the other day , says the Sail Fran
cisco Post. He eyed the judge through his
glasses , and sized up all the attorneys. Then
ho walked .up to the bar and poured out a
glass ot Ice water.
The judge , who Is nervous and testy , had
observed the young man and frowned down
on the glued hair and glasses. When
tbe young man boldly walked up to the bar
and took a glass of ice water the judge
fairly boiled with indignation at such- te
merity amounting almost to contempt. The
young man was just raising the glass to
his lips when the judge roared :
"That water , sir , Is for attorneys and
other officers of the court. "
The glass almcst dropped from his hand ,
he started violently , turned red , then
placed the glass on the table and walked
out of the court. The judge chuckled. Half
an hour later the young man entered the
court room again with a roll of parchment
In his hand. The judge glared at him sav
agely , but he never flinched. Finally there
was a lull In the proceedings , and ho ad
dressed the court :
"Your honor ! "
"What U It , sir ? "
"I wish to submit to the court my cer
tificate cf admission to practice In tlio supreme
premo court and all other courts of this
ftate , " and be passed the parchment to the
clerk.
"Well , what of that ? " growled the judge ,
"Now , your honor , having presented the
proofs of my admission to the bar I would
now move the court that I be permitted to
drink from the ofllclal pitcher , " and ho
calmly drained the glass of water ho had
left on the table.
An attorney from Springfield , III. , was at
the capital the other day , and the subject
of sensitiveness about age came up , relateu
the Washington Star , "Tho most remarkable
Instance of that , " ho said , "was a man not
a woman and a very able man mentally ,
too. Judge Sydney Drceto , for many years
ono of the justices of the supreme court of
Illlnolo , died at a very advanced- age , but no
ono ever knew how old bo was. Upon ono
occasion the judges of the supreme court of
Iowa visited the Illinois supreme court.
Judge Wright of Iowa was at that tlmo very
old , and he had gene west from Ohio , the
utato of Judge Ilroeso'a nativity. At the
banquet table Judge Wright said to the ven
erable Illinois Jurist :
" 'Judge , wo inunt bo about the same age.
Wo left Ohio In the same year. Wo have
served on the bench an equal length of time.
I wonder how much further the coincidence
oxtendo. I would not be surprised If we were
born during the same yea- " -nt an im
pertinence , I would aek you Ii" ' 1 you are ?
I am 78. "
"Judgo Breese arose from the tab'.s , his
face livid with anger , and saying , fiercely , 'I
would consider It the height of Impertinence ,
sir , ' left the rom , and would not appear
again when Judge Wright was present. "
"What sort of looking man was It you
held the conversation with ? " asked the law *
yer ,
"He was one of those solemn-faced fel-
leru , " said the witness , slowly , gazing
thoughtfully at tbe celling , "that you can't
ilzo very well one of these fellers that you
daasent offer a bottle of whisky to because
you 'ain't right certain whether ho will git
Insulted or take It all at one swig. "
A Somerset attorney who relishes a joke
at hli own expense layi ho once sent to a
rural office a writ of service , with directions
to ba vary particular lu regard to the return ,
< laying : "If for any roaion you are unable
to write the return
properly get some ex
perienced person to do It for you. " Some
tlmo afterward the writ was returned by
the officer , properly pealed and signed , with
a letter reading substantially as follows :
"I do not know whether this return will bo
satisfactory to you. I have lost ono finger ,
but I wrote as well as I could. If for any
reason you are unable to read It , get some
Intelligent person to read It for you. "
An action was once brought In the court
of the late Sheriff Galbralth of San Fran
cisco , In which the plaintiff sought to recover
the sum of $10 lent on a bill marked pay
able on day of judgment. The defendant ,
looking to the terms In which the bill had
boon drawn up , thought he was safe , and
he stated quite glibly on oath that he actu
ally received the money , and was prepared
to pay on the day alluded to. Sheriff Gal
bralth eyed the man with a severe expres
sion and In the most solemn tones declared :
"This Is the day of judgment ; enter Judg
ment for plaintiff , with costs. "
In addition to giving the convicted man
a term of ten years in prison , says the In
dianapolis Journal , the judge Imposed on
him the gratuitous punishment of listening
to a long speech made for the benefit of tho.
reporters , In which ho set forth specifically
the reasons for his action.
"You needn't of done all that apologlzln'
for Imposln * on a feller-man , " said the cul
prit , kindly. "They ain't 'no hard fecllnsa
on my part. I know as well as you do that
a man can't hold the job ot Judge and act
the gentleman at the same tlmo. "
"Gentlemen of the Jury , " proceeded coun
sel for the defense , "I warn you that the
ovldcnco against the accused Is wholly cir
cumstantial. All wo know Is that the de
ceased gave the prisoner his seat In the street
car , and was subsequently found dead. We
have not a scintilla of proof that yonder
woman thanked him. "
I.AIIOll AM ) INDU.ST11V.
Buffalo has 20,000 and Louisville 10,000
unionists.
The habit of wearing wooden shoes is
growing among the poorer people of Cin
cinnati.
The Iron moldoru of the Drilled States have
gained twenty-four local unions and 4,000
members during the pastry ear ,
A Chattanooga Judge has ordered a com
pany to refund to Its employes $6,000 de
ducted for rent and medical services.
Printing pressmen say that there has been
a great boom In organization since they
joined the American Federation of Labor ,
Woolen mills In Massachusetts employing
1,700 people have gone on half tlmo because
the proprietors havu more goods to sell than
they have a market for.
French engineers who have been Investi
gating the work on the Chicago river d < aln-
age canal have decided to duplicate the ma
chinery for removing dirt and stoneon tbe
Panama canal.
Slnco the labor troubles In the upper
peninsula of Michigan , 10,000 Iron and copper
miners tn Michigan Wisconsin and Minnesota
seta have become organized and two ad
vances In wages have been secured.
Just a year ago the trades unionists of
Dayton , O. . established a free employment
bureau , The first annual report HUOWS ;
Males who applied for situations , 3,089 ; fe
males , 4,451 ; situations secured for males ,
8C8 ; for females , 2,621.
The Denver 'Trades assembly at Its semi
monthly meeting voted to print for distri
bution through the taut 5.000 circular * let
ting forth the number and condition of un
employed now In Colorado and warning com
rades from other alatea not to cmo there
\\ltli hopes for employment.
Headache is the direct result of Indlgoitlon
and stomach dltordcrs. Remedy theio by
using Ie Wltt'u Llttlo Early Illuerv , and
your headache dltappears. The favorite Ut-
te ! pills everywhere.
. . . .
, MM. It J J
