G THE OMATlX DAILY AUGUST 81 , 180G.
WHAT AN EDUCATION COSTS
Bomo Fignr63 Oompilcd by the Authorities
of Princeton University ,
NOT NECESSARY TO SPEND LARGE SUMS
Honor Men Amonu Hi < : SttnlciilM 1'rnc-
tlciillj' All < i < 'l TlirtitiKb nt Moil-
crutu i\ieiine .Some Work
Through ,
In view of the preecnt ilay tllscusslons of
the question whether a college educa
tion dooH not cost too much anil whether
It return ! ) to Its possessors In value the hard
dollars ami cents paid for It a recently Is
ucd pamphlet entitled the "Cost of an Kd
ucatlon at I'rlnccton" Is of considerable In
terest , Inasmuch ns 1'rinccton university Is
looked upon as one of the Icaillng colleges of
the country.
The facts detailed In the pamphlet were
collected during the last academic year tinder
the direction of James \V. Alexander of the
board of trustees , and Prof.V. . M. Sloanc of
the faculty , and wcro arranged by Kilwln
M , Norrls of the class of ' 95 , wlfo , by the
way , Is an Iowa man. Of the value of the
coiitcntn President Krancls I * . Patten of the
university says In an Introductory note :
"The Information comes In every Instance
from students of character nnd standing and
may bo depended upon ns filvlnu a thor
oughly reliable exhibit of what constitutes
necessary and reasonable expenses for
students of small and moderate means at
rrlncetou university at the present time. "
The statistics contained in the pamphlet
wcro collected from three recent classes. In
cluding the class that graduated last Juno.
The honormen of the class were chosen , be
cause Bitch men , particularly the second
group men , are generally acknowledged to
bo the representative men of the college.
The average yearly expenses of the seven
men of one- class who graduated with the
highest honors wcro fcund to lo $ I2.G8. ! The
annual outlay of one of the men averaged
less than $ : IOO , and of another less than S400.
For the last three years of Ihelr course four
of the seven expended $100 and under. The
average man of. the twenty-four second
honormen of this ganio clnss expended
$423.12V4 each year of his course. Thirteen
of the twenty-four actually expended less
than $ -100 a year , and onu-thlrd paid for the
college course , with an outlay ot less than
$400 a year.
UKCOKD OP ONI5 CLASS.
Ot another class four out ot seven of the
highest honormen expended less than $100
annually. Two of them supported them
selves In part , one being a prominent ath
lete , and at the end of his course receiving
the vote of his class for the best all around
man In the class. Of the thirty-five second
end honormen of this class twenty-two
expended less than $ r.OO a year , one sup
ported himself entirely and another sup
ported himself In part.
Twelve out of the fifteen highest hnnor-
mcn of the third class paid for their college
course nt an expense ot $500 or under a year.
Four spent $400 or less a year , four sup
ported themselves In part and ono paid
nearly half of his college bills from prizes
which ho won at Princeton. Twenty-eight
of the thirty-nine honormen of the class
expended $500 or less a year , twenty expended -
ponded $100 or less , five supported them
selves In part and two supported them
selves entirely. If the two groups ot honor-
i men of this class be taken together , forty
of the llfty-fonr expended $500 or less a
5 year and twenty-four expended $400 or ICES.
The latter part of 'the pamphlet Is devoted -
voted to n considerable number ot state
ments of expenses from students. Many
reported that tholr yearly expenditure waa
frequently below $300. Some In the later
years of their course returned to college
with but $ ! "i or $10. but ended the year
out ot debt by taking advantage of the op
portunities of self-liulp. The letters seemed
to show thnt a student , economical in his
habits , could go through the course for less
than $300 a year , provided ho obtained a
scholarship of $100. This sum Is frequently
reduced by working , nnd In fact , many men
r manage to get through with practically no
I expenses.
"These men of moderate means are the
hard workers of the class , " writes the au
thor , "but they are not compelled by any
moans to forego the pleasure of n college
course. Among the lists are represented
the social clement of the classes as wet :
ns the literary nml athletic elements. One-
fourth of them are the members of the
junior and senior social clubs. They nre
the men who support the literary societies ,
maintain the religions work amongst the
students , ripresent the college In Inter
collegiate debate , oil It the umlergrniluata
publications. They frequently represent the
college on 'vjrslty teams , In short , they
ore looked upon ns the solid men o/ the
classes. "
N12W SCHOOL Ol' OCCULT SCIHXCn.
TliCdNOplilntN I'ri'iinrlimr ( o Slurt 11
CollfKf < ( > Ti-lH'li Thflr Dix'ti-lnr.
To most people the fact that a college of
"occult science" Is to be founded In the
United States would be an evidence of a re
version to the Dark Ages , when black magic
was supposed to flourish , but the sect which
Is about to erect this institution claims that
it Is n revival of the light and civilization
ot ancient times. That such an ncadcmy Is
to rise within our borders , that America ,
which Is the youngest country of modern
times , Is to bo ( lie sacred center In which are
to bo taught the mysteries ot Osiris and
Isis nnd ot the Greek , Is the latest announce
ment from the Inner school of Thcosophlsts ,
nnd ono which It has only decided to make
public within a very short time.
A tow weeks ago , relates the Philadelphia
Times , there set out from America for a
tour of the world a small band ot thcoso-
, phlsts , headed by Mr. Hargrove , the presi
dent , nnd accompanied by Mrs. Tlngloy ,
who holds the position ot corresponding
secretary , which was once the post occupied
by Madam Hlavatsky , and which Is ono of
the most Important In the society. Thcso
missionaries are called the crusaders , and
they propose to go Into every land , plant
ing the seed of their doctrine In every na
tion , This doctrine , which they claim Is
to bo the future belief of the American people
ple , IB not a modern sect , but a faith which
was born In prehistoric times , lived In Its
glory during the civilization of ancient
Kgypt and Greece , and was practiced even
on the continent ot America , when It was
the Atlantis which existed before the dawn
ot history. They assert that these doc
trines have descended by master minds or
adepts , and have thus been preserved , espe
cially In Thibet and India , where the
learned occuMnts llvo.
The far' ' " rj the college at which the
raystcrioiir if the most ancient peoples
are to IIP t li to be built In the United
States opens a trost remarkable period , for
It would seem that in this prosaic nine
teenth century the soil of tlio most prosaic
ot nations Is to bo consecrated to a temple
sucli as the world saw when In Its Infancy ,
though the civilization of the ancients was
equal If not superior to ours , That the re
ligion of the times of the I'tolemeys Is to rise
In the country which furnished a Mrs. Lease ,
that thn occult science of the most myste
rious adepts of the east Is to grow up along
side of the pork-packing , money-getting
generation of Americans , seems an Incon
gruous acscmblago of events , a combina
tion of circumstances which the average
mind flmla a difficulty In grasping at flrst
Elauce.
TUB COLLEGE FUND.
Over $3G,000 , have been already sub-
| f" ecrlbt'd toward the erection of the "School
| -i tor the Itevlval of the Lost Mysteries of
Antiquity , " but the site has not yet been
announced for the reason that the holders
ot the desired land would rise In their
prices If they were awuro of the wUh of
the society to purchase the property. It Is
supposed that the building will be begun
next spring , and that within its walls those
who wish to belong to the Inner school will
bo here Instructed free of charge , In the
wonders of occultism , which Iho adepts pos-
110x8 , The catabllkhment of the college in
America will be thu first effort In historic
times to found an academy In which ( his
fitltb , which has been held by various per
sons tor ages , will bo given to the world.
Among the strange doctrines of the theos-
ooliUts which will be Inculcated are those
of the wonders possessed by the mind when
It l.s trained In the science of life And na
ture ; when It becomes aware of the occult
powers It possesses. Thcro nre within this
sect two circles , the outer and the Inner ,
the latter possessing an Intimate knowledge
of nature nnd her powers , which they can
cultivate till they reach the highest attain
ments and deserved to be termed adepts
or master minds , which rule by psychic
force alone.
The outer circle IB composed ot the body
ot mankind which has not yet been In
structed In the mysteries , or arc not suf
ficiently educated and ennobled to permit
them to possess such power. H Is for the
Inner circle that the American School of
the Revival of the Ancient Mysteries Is to
bo erected , and hero will the leaders of the
movement , the people whose minds are the
ruling force , Initiate their followers In the
ceremonials which have not perhaps brcn
used for more than 1,000 years , which were
once performed by the Egyptian priests In
the temples on Hie banks of the Nile , which
were the scene's In which the old Greeks
enacted their religious belief by the nicusln-
Ian mysteries.
TRANSMIGRATION OP SOULS.
One of the most remarkable doclrincs of
the thcasophlsts , and one which will , of
course , bo well brought nut at the new col
lege , Is that of the transmigration of souls.
Hy this they mean that after death the
soul r.ocfl Into another world for n short
period , after which It returns to this
world , assuming n new body , being liter
ally born again In the flesh. Most of us
have no recollection of any previous exist
ence , but many thoosophlsts assert that
they have a memory of another life In which
they have existed In another form when
they were another being and lived on earth
clothed In the guise of another personality.
The doctrine of the Influence of the adepts
In ruling the world Is another which prc-
spnls many evidences of what would bo
termed magical effects. According to the
Theosophlsts , there are In many places In
the old world. In the hidden fastnesses of
Thibet , where no white man has ever trod ,
many moat wonderfully learned men who
have kept alive this ancient faith , whoso
modern name Is tlicosnphy. They have re
tained the doctrines which came down from
Atlantis nnd prehistoric times through Kgypt
and Greece , and at stated periods exert a
powerful Inlluence to bring men back to the
light of the old faith , to bring them to a
knowledge of the supernatural forces by
which wo are surrounded.
These men can communicate with great
minds throughout the world by psychic
force ' , they have such wonderful powers that
th'cy have within their minds ever present
the whole history of the , human race In the
past and sec Its progress in the future.
They have also preserved written records
of the world's history , but these records
have never been seen by western eyes. They
possess the power of projecting their thought
to another mind over hundreds of miles of
space , nnd even of presenting to another a
picture of their astral or spiritual body.
These are but a few of the powers of the
mind taught by occultism or theosophy.
That America Is to be the center of the
revival of this olden religion , that , while Its
disciples are hidden In the caves of Thibet ,
Its tenets are to be preached In the young
republic ; that its ceremonial , which hns
been brought down In secret for thousands
of years , Is to be practised within the
shadow of the most modern of all nations Is
a remarkable thing ; In fact , the most re
markable of the present century. The old
world magic will be revived and Us truth
taught as It once existed before the flood.
VALUK OK ICXO\VL1S1H213 OF SPANISH.
Luck of Tills Knowledge n Grout Il f-
rli-r to Trade.
The Philadelphia Manufacturer of August
22 contains a suggestion which should be
taken Into consideration by educators and
by young men who are devoting a good
deal of time to the study of foreign lan
guages. Ono of the United States consuls
In South America reports to the State de
partment that one of the greatest draw
backs in the way of the United States tradIng -
Ing with South and Central American coun
tries Is the Inability ot our salesmen to
speak Spanish. Ho points out that we do
more trading with the 5,000,000 English-
speaking Canadians than with the 35,000-
000 of Spanish-speaking people In Spanish
America , und the consul declares that the
Spanish tongue is a bigger barrier to United
States trade than the tariff.
To overcome this difficulty and to be pre
pared for the opportunities for employment
soon to be offered by the approaching de
velopment of South American trade , the
Manufacturer recommends that our young
men begin the study of Spanish In our
schools nnd colleges. Nearly all the col
leges have courses of study In Spanish under
competent instructors. The language is
one much more readily learned than either
French or German , and a knowledge of It Is
apparently going to be much more profit
able than familiarity with those more north
ern Europe tongues to which It Is now the
fashion In this country to give so much time.
English Is spoken nearly everywhere , In
both Krance and Germany , and trading with
those countries can be carried on in the
English language. If language be studied
for access to the wider field of literature ,
which the command of several languages
opens , the literature of Spain has as strong
claims upon the students as that of Ger
many or France.
The Island of Cuba and some of the Cen
tral American countries have numbers of
young men who have been educated In
the United States , and who consequently
speak Engllslu Many uf thceo South
Americans , however , have been educated
for professions and are consequently not
available for the purposes of trade. Dut
If the young men of the United States fall
to equip themselves for the opportunities
growing out ot the Increasing trade rela
tions between North and South America
they may bo certain that the young Cubans
and South Americans will not miss the
chance.
Library CnllN ,
Some Interesting statistics have been col
lected by Mr. Hlltl , the Chicago public li
brarian , on the subject of periodicals and
.their popularity. The period covered Is
nearly ono month , and the periodicals are
arranged in accordance with the number of
times they are drawn out for use In the
reading room. The figures are based upon
a total of 60,000 , calls , and thu comic week
lies , Puck and Judge , head the list with
1.G42 and 1,401 calls respectively , The po
litical and literary papers rank next In popu
larity Harper's Weekly , with 1.1C8 calls ,
standing at the head. Next como the Illus
trated monthlies , of which Harper's Maga
zine proves the most popular , being called
out S57 times , Several other monthlies have
about COO calls to their credit. The fre
quenter of the reading room evidently wants
pictures to look nt , for the Forum , which
heads the list of the unlllustrated periodi
cals , gets only 190 demands , The English
papers and magazines are called for In much
the same way as the American. The hu
morous and Illustrated weeklies , such as the
London News and Punch , come flrst , fol
lowed by the light Illustrated monthly. Ot
the serious monthlies only one , the Nine
teenth century , reaches the hundred mark.
The popular German periodical Is Ucber
Land und Mccr , with G72 calls , while L'lllus-
tratlon , with 220 calls , leads the French list.
Thcso figures nro Interesting as showing the
relative popularity of a largo number of
periodicals , The most obvious general con
clusion to bo drawn from them , says Har
per's Weekly , Is that people seek the read
ing room of the library ( or entertainment
and amusement rather than for serious
study , which hardly needed to bo proved ,
California Uulvomlty ,
The regents ot the University of California
are considering the plan ot appealing to the
state legislature for $1,000,000 for building
purposes. This young university , which
closely resembles Cornell in Its relations to
the state , was founded In 1S70 , wfth twelve
professors and forty students. Now It has
HG in 'Its faculty and 1,124 students , with
a prospect of an Increase of 400 at the open
ing of the new college year. Its site at
lk-rleley : , directly across the bay from San
Francisco , is an Ideal one , for It overlooks
the uoble harbor and the Golden Gate , The
faculty Is made up largely of young men ,
many ot whom are doing admirable original
work In their departments. The Institution
was helped by the opening of the Stanford
university ; In fact , Its rapid growth dates
from the beginning of this rivalry ,
I'OH MSUVOl'S WOMI2.V ,
Ilurxford'H Acid l'lii | ibntc.
Dr. J , I ) . Alexander , Charlotte , N. 0. , eays :
"It la pleasant to the taste , and ranks among
the best ot taervo tonics ( or ocrvoua Xc-
tualei. "
WAIT FOR THE COLD TO COME
Lowncss of Bank Reserves is the Main Cause
of Trouble.
MONEY BADLY NEEDED TO MOVE CROPS
llcnrx CltMVN Sliim-N Hint "While There
In I'cnr oil AVull Street the Ap
IirclitMiNlou In Due ( o
NEW YOHK , Aug. 30. Henry Clews ,
head of the banking house of Henry Clews
& Co. , writes of the situation In Wall
street :
At the moment the main element con
trolling conditions In Wnll street Is the
Htiite of the money innrket. The silver ngl
tntlon and populo-dcmocratle policies Imve
nboilt exchanged their force nnd the con-
vlctlon Is gaining strength thnt these mut
ters may be safely loft for settlement nt
the November election , llut Just here ,
when one source ot downward pressure la
being relaxed , comes In u new cause of
disturbance. The banks have to face n low
condition of their reserves nt the time
when the agricultural states arc urgent
In their demands for currency to move the
rrops. Ordinarily , that demand has taken
from $20,000,000 to $ MODO,000 between .Inly
nnd Oclobcr , nnd the present surplus of
lawful money In sight available for mect-
Ini ? It Is less than Jlo.OOO.IMO.
ilo\v this state of the surplus compares
with thnt of the sumo date ot late ycats
will appear from the following statement :
, Itntlo of
Surplus llcs'v to
Ilescrvc. IX-poMls.
AuRiut 22. ISM * 'J.300,1'00 ' 2J.8
AllBUEt 21 , mi 37.CtJOniK ) 31 6
Auicutt 2. . . 1MM t.7oi.ooo ) ) . }
AUKtmt : c , i.u3 ( o.-io.ooo 23.1
AllKUBt 27. U'X ! U.SHHl.OOO 3.0
AllKUSt 22. 1M11 11.irO.000 2S.5
AURtut 23 , 1MK ) 2 600,000 2J--1
August 31 ISSO 4iUOl'00 26.
Auirust 2. , , ItfcS 21,000,000 SO.I
AUBUSt 27 1S.S7 4'COfOO ' 2GJ
August 2S , IfcSG C'CIOnO ! ' 2IV3
August 29. ifr > riO.tiuo.ooo w.o
AUKUSt 30 , USI 31,100,000 33.2
Deficit.
This comparison Is far less unfavorable
to the present condition than mlaht be In
ferred from the tone of feeling with which
It Is regarded. In six out of the last twelve
years the surplus In the second half of
August has been less than ten millions , and.
In live of the dozen years , the ratio of
reserve to deposits was lower than It Is
now. Indeed , the present reserve Is not suf
ficiently below the normal limit to warrant
any serious apprehension for the future
of the money market. The years when the
figures wcro notably hlsaer than now were
per6ds ! of unhealthy redundance following
collapses , us , for instance , In ISsDI and U8u ,
which reflected the redundancy following
the panic of 1803 , and In 18S1 nnd IKsj which
presented an accumulation of currency aris
ing from the crisis In the spring of 1WI.
This fall money movement Is always
largely self-regulative. It Is an almost in
variable rule that foreign gold comes In
to take the place In the ban'.ts of the paper
sent to the Interior. The European pay
ments for our new crops of grain and colton -
ton turn the exchanges In our favor , and
gold conies In more freely than at nny
other season of the year. And , If the pres
sure on 'the home market becomes acute , It
Is found easy to get n > llef through Issues
ot sixty-day foreign bills against deposits
of collateral. It thus turns out that , In
four years out of five , the withdrawal of
legal tenders to the Interior Is compensated
by the receipt of gold from abroad.
Thereis no reason for expecting that
this rule will fall us during the present
autumn. Last week. It was shown In these
advices how largely the exports of produce
have been exceeding the Imports of mer
chandise , and we 'th' , suggested t.ie prob
ability that gold wo."J soon come hither
from abroad. Our words scarcely got Into
print before It became known that foreign
engagements had been made for the ship
ment of ? 2,000OCO , since Increased to $10 -
000,000. It may be safely expected that large
further rollef will come from this source ,
and should that not sufllcc , any large dif
ference between the rule of interest here
and 1n London would bring us temporary
advances through foreign bankers sufficient
to stave off any really embarrassing strin
gency.
EXAGGERATED APPREHENSION.
The worst feature In the situation is the
fact that the feverish temper Into which
the financial markets have fallen causes
every obstacle to be unduly magnified In
the public Imagination , nnd the money mar
ket is now suffering from that sort of ex-
'agserated apprehension.
The New York bank managers have again
shown their sagacity In their action In pre
paring for tlio Issuance of clearing house
certificates. They do It , however , to ward
off danger , on the principle that an ounce
of prevention Is better than a pound of
cure. It Is to the credit of a large and
strong bank to have taken the Initiative In
this matter , as was done by the same bank
In 1S93 , for the purpose , as It were , t '
breaking the Ice for the benefit of others.
The needs for money at the present time
are not for Wnll street , but for the bene
fit of the mercantile interests , and for crop
moving purposes. T.le banks , therefore , do
well in preparing themselves for such legit
imate money requirements.
It Is not to be overlooked that , owing to
the general contraction of business , the
borrowing wants of merchants and indus
trialists arc very moderate , a fact which is
clear from the loans and discounts of th. :
clearing house being ? 48tJO00 ' less than
they were a year ago. Stock exchange
wants have also been icuuced to a very
low scale , partly owing to the very small
amount of stock nlloat on tie market and
partly from the extremity ow ranee of
prices.
SHRINKAGE IN STOCKS.
For the purpose of r.liwul.ig- latter
point , and also as affording yi , exhibition
of the disastrous c.'fe.-t of the sliver agita
tion upon the value of oorpj-Ue invest
ments , thu lowest recent prices of stocks ,
In comparison with those of .1 year ago , are
hero presented :
AUK. 21 , Aiiir. 23 , Ie-
W.'C. ' IHO. cllne.
American Cotton Oil 614 2IT4 lCi
American Cotton Oil pM. . . . 41 71' 33
Am. Suffiir lU'llnoik-s 103 WM CV-
Alp. Rusnr Henneries pfil. . HG % ] 02 D'.i
American Tobacco DO SS'4 ' 42V4
A. T. & S. K pf.l 1G 33i ; nil
IUltlmore & Ohio 13 < u 49
Central 1'aclllo 134 ! 18 SJi
Ciierapeuliu Ai Ohio 12',4 20',4 8
C. II. A : Q GS t'0',4 32'.4 '
ClilcnKO OaH GI ' 62) ) ! u
O. M. & Bt. 1' G3'/4 ' 7J % lO'l
C. A : N , W SJli 104ft 12H
C. It. I. & 1 * 03(4 ( M % 2SU
C , C. C. Ai St. L Sift t'J'.i 2ti %
O. H. V. & T H 25 Jl
Con. Gas Co HI H3 2
Delaware K Hudson US 131 13
1) . L. H W H7 IM Hi
i ) . ti u , a. pM ss',4 Ki4 ! H ? !
llenernl K'lectrlo 23 36t 13T1
luwa Central G 10 % 4 %
Laclede Gas is 2li 8
I.-ike Krle & Wcbtern 13J1 2774 IO1
L'lka Krle AcS'f t. iifit. , . . Gl SJi 21 %
Lake Shore , HO IV. 12
LoulHVlllc & Nashville 38V4 Cl-i ! * 2. < > i
L. N. A. & C. pftl 6U ajiA 20y ,
Manhattan Con 7-I'- ' , 114 % 40i
Metropolitan Traction 87 10Bi H = i
Minn. & Ht. Louis 12 S..t 13 > i
Minn. & Bt. LouU Ut pfd. . 00 85 2D
Minnesota Iron 47 03 1'J
M. 1C. & T 1011 H i 7'i
M. K , & T. pfd 20 37 > 4 17(4 (
Mlnrourl rnclllc IS 3s'i
National Linseed Oil 13 2au
New Jer ey Central VI ICuli
New York Central tuft 10JJ J ' 11
N , V. H. & W. fif > l 17 324 l&H
Norlh Amrrlcim 4 Mi l"i
Ontario \Vfstcrn 11 % 17U f. %
1'ucinc Mull IS 2SJ ; 10 %
I1. C. C. & Bt. L , 13" " ; 10 li
I'ullman Palace Car Co-.140 173 33
Ht. Louis Kouthwesteni. , . , 3 K A
HI , Louis Southwest , pfd. . 7 17U 10' , ! ,
Kt. Paul & Omaha 3Hi 42'i K
tsouthern 1'uclllo li ( < 2U ti < i
Houlhern Itullway 7 13V4 C4
Koulhem Halluuy pfd lbi ! 41 ? { U'.i
Tt-nneffio Coal & Iron. . . . 15U 33 19' ' ,
Ti-xas I'oclllc t > V4 12 C'i
U. 1 , JJ. At O , Hi C4 ! 4T4
IJnlteil Slateii lyenhter M 10 % lo'A
UnltfJ States Leather pfil. . 4li ! K < A 4IJ
United Stateu Itubuer 10 4IU j'i
United Stales Itubber pfd. . C9U l'4H ' - ! '
\Vulinfh , CU U 3 ;
Wdliufli pfd 12M 21 i 'J
\\V t. Union TeUnrapli. . . . 73H til 20 > 4
WheelliiK Ac l ike 1'rio , , . . & 14 IDU 10 %
\Vheellne & L. ! : . pfd , il'-J ' H'i 2U > i
With eucli an abnormal shrinkage of
values na these quotations exhibit the
wants of Wall street will be easily satis-
fled ; and It Is a reasonable question
whether thu bargains which such prices
afford may not lead to foreign purchases
that will Inert-use the Influx of gold from
Europe. In the event of an Increase of
conlldeno ) In n conservative outcome of
the election this latter result would bo
highly probable.
The Intent reports Indicate that , for the
hist two weeks , the gold Blilpped from
Europe for this port amounts to tlO.000,000 ,
and exchange continues weak , Kstlmutcs
place the probable total Imports during the
next few \Vfcku ut } 20,000UX ) to J-5WO,0)0 ,
and , considering1 the lightness of the mer
chandise Imports and the largcnetiB of the
grain mirplus awaiting export and that
cotton la now eclllng at S cents , this does
not seem an unreasonable estimate. Any
extreme stringency In money thus nccma
highly Improbable , At preeuiit. however ,
these are only probabilities , nnd therefore
have but n partial effect upon the Block :
market ; aa they become ccrtulntlcs coutl-
( lence will rcnppn a recovery In
prices xvlll bo In order.
FK.VIt OF Xra I.VNIC IS PASSED.
Allmvny It.'pnrt" n More Con
dent I'l-clliiK AinniiK llntiUt'ru.
NEW YOIlK , A\iyf < f9. The stock mnrkc
drifts , oporator.t o bonsequenco nro ou'
of It anil Intend continuing out till de
vclopments como toAharnctor much more
Important than ttnyTioW In sight. Korclgt
gold Is arriving hciv J" volume nnd tlier. .
Is tolling likelihood.Umt the. Importation
will run Into big JJuurcs. About M.OHO.OM
has so far been puTtfown hero. The fur
thcr engagements nro igenerally cstlmatei
InVnll street ns bvlnt sulllclent to brltu
the totnl up to JlO.WO.nuO. As a , matter o
fact my authority being n banker of the
highest standing ihete need bo no surprlsi
If the figures amount up to twice this sum
Sterling exchange fates nru down to t
point where n profit IB nominally shown ot
the Imports. This gives Wnll stroc
courage so far ns mip iflelal conditions c. n
As was pointed out frankly In this ills
patch last week , gold Is coming this way
from Europe not at all because natura
underlying conditions warrant , but In verj
spite of such conditions.
The factors at work to make up n sllua
tlon permitting the go'd Import nre mantt
fnettircd. They nre artlllclal , but the moa
Important Immediate question Involved con
cernlng them Is na to whether they can lit
lasting. If yes , relief now offered by the
arrival of this foreign gold will bo sub
stnntln ! to the extent ot being much morr
than nny mere Wall street Incident. It wll
be n national blessing.
This Is the vital point. Will the eonill
tlons made to order for Importing goli
continue nnd keep the gold hcroY Th <
man able to answer this has an amtile kcj
to the stock market's future. Hankers of
high degree are not agreed on the subject
A majority ot these whose Inlluence
count ? most nre , however , on the side o
the optimists. One such banker , who til
the latter part of this week has been tak
ing pxoecdfnely blue views , confided to me
last night that he had veered complete
around.
"I have been apprehending .t money
panic , " he said , "but the developments of
this week convince me there need bo no
further grave alarm on that ncori1. "
And this nuthorlty added this , thnt he
evidently considered personally lo bo o ]
much consequence :
SYNDICATE STILL SCHEMING.
"What Is so far disclosed Is by no means
the most Important thing that U under wu >
In the financial situation. The bankers
syndicate , headed by Mr. Plerpont Morgan ,
has plans , which , when made public , will
lve us all fresh courage and confidence ,
The syndicate operations go far beyond an >
mere Wall street deal. They rise to thi
consequence ot absolute statesmanship. "
This cheerful recitation has value from
the source of It. He who ma' < es this state
ment has special Inside opporiunl'l > s for
knowing what he talks about , mvl It erit-
talnly Is most agreeable for us all to hope
and there Is slgnlllcanee In his turn from
depression to hopefulness.
In only half a dozen stocks has thrre
during the week boon PVJI n r.t.n-'psllcn
of life , and In almost every olio miii'i illa
tion has been responsible for oven their
practically unimportant activity. Liquida
tion Is apparently well under war In 'hrct
or four stocks , notably In Western ITnlon
where a fine hand seems to be throwing
dust In the eyes of the public , making th <
stock loan at n premium , as If reflective ol
an unwelldlng short Interest. This trick Is
clever enough , but hardly novel enough lo
fool old stagers In Wall street.
George Gould seems * personally content to
let the stock market alone Speculators
who have hoped to count on Mr. Gould as
either an ally or n bluffer have been cal
culating out of the , way. He Is aciing with
the same Independent dignity that hah
characterized Ooniellup Yandcrhllt as to
Wall street. Stock'jobbery does not seem
to hnvo any temptation' for him. Ho Is one
of professional Waif Utreel'H sore dlsap
polntments. In the lifetime of his father
young Mr. Gould was rated In the street
as Inclined to take flyers on a handsome
scale , and It was jeflc'ptcd ' that when the
great Gould fortune eajne wholly within bib
control he would he HkHy to give the frtock
market some of the old fashioned breozl-
ness that used to , set Into It when his
father was young and htul Colonel Jim Flsk
for n partner. i t
Xot once has thprq been any sign thai
'
the young man hii's.pver even thouciit of
such a thlnir. and-to some extent Georfri
Gould may be taken as a type. In Wai
street today there'Is hnrdlv a single youns
millionaire speculating. All tfte leaders are
In their fifties or over.
Hints are heard of interesting develop
ments that may cpne , to the. front here al
any momcnt with .IjeJirjng on the Diamond
Match inuililljS. 'o.t' Chicago , ' 'Wtetefn. , in-
Vebtors rtnil bankers hhve' not -t m'onopolj
of the business In'Che smash '
- Political Incidents generally have been
contrlbutlnji this week to n better feeling
In the Investment world. Mr. McKlnley's
letter of acceptance and the public ad
dresses of Speaker Iteed and General Harrison
risen have exerted tonic Influences on opin
ion In circles where business sentiment is
made. H. ALLAWAY.
CHICAGO GIIAI.V AXI ) I'UOV'ISIOXS.
f I be 'I'mil I ntr iinil CldHli
Prli'i'H on Sndinlny.
CHICAGO , Aup. 23. Wheat was .stag
gered by the small advance at Liverpool
following yesterday's bulge hero and In
s lto of the generally bullish nature of
the news of the day December closed at a
loss of a full % e Corn and oats and pro
visions were In the main heavy nil day ,
but showed very little price changes nt
the close.
Wheat started easier than It closed yes
terday. December opened at from CO' c to
Colic Friday's latest trading having been
at from fi07ic to fiflc. The decline was
partly due to the meager response of the
foreign markets to the substantial advance
made here on the day before. Liverpool
only met the Use per bit. bulge here by a
rise of lid per cental , except for wheat
on the spot , which was Vid per cental
higher. The weather In the northwest was
favorable for the completion of the spring
wheat harvest and a prominent elevator
manager was reported ns saying that ow
ing to the threshing returns In South Da
kota showing better yields than expected
his previous estimate of 20,000000 bu , for
that state v.'ou'd ' have to bo raised.
Corn was quiet and easy , largely in
fluenced by the weaker tone in wheat and
by the favorable weather for maturity of
the crop. The business done was not
heavy and change in prices was confined
In the end to 'do reduction. September
opened lie lower at 20Jc , touched 2054c and
closed at 20T&C.
Business In onts , generally spea'.clnp , was
rather quiet. The feeling had a mifpldon
of llrmnoss early , but the ranpo of prices
was very narrow nnd at the close the tone
v.as easier. September opened unchanged
at from IC'Xc to ICc. sold at from ] ( le to
ICVic and closed with sellers at IfiVdc , The
bulk of the business was In the way of
exchanging.
Only n moderate business In provisions
was reported , chleflv In the way of trans
ferring contracts , Offerings were somewhat
limited nnd the demand was moderate. The
frellng throughout the sessloti was heavy
In sympathy with the corn market. Clos
ing prices , however , showed but llttlo
chnnco. Sentemher pork closed unchanged
at $3 , < i2t , September lard , unchancrd at
13.35 , September ribs , Co lower , at J3 20.
Estimated receipts for Monday : Wheat ,
2. < 0 rnrs ; corn , 7SO car ? ; oats , 418 cars ; hogs ,
25.000 head.
The leading futures ranged ns follows :
On l. I It * l. I. IV. | 01311.
MIS ,
GO
? OH < S2I SOU
IOH tlljl
as ) .
Id MM
10 1PM
C S3
S (1.1 (
0 Hi !
: i : ii an
: i 40
a 70 77)1 )
en
SSIJI
H.4B 47W
Cash miotntlon . „ _ follows ;
PIXH'Il-Strnilr ; wfyii : ; patents , t3.1Sf3.20 ;
etralEhlK , I2.20ii2.30i u'rji ' patc-ntH. | 3.ntj3. ;
strulchte. t2.W03.CO ; ' 2.00ff2.35.
WHEAT No. 2 He ; No. 3 eprlns ,
C2f7S4Vio ; No , 2 red.
COUN No. 2. 21" , . - Jellow ; , 21'i 2Hic.
OATS-NO , s , fv. w.iltc , t , o. | j. ,
"iivi''No. . 2. 31150. J
IIAKU2V No. 2. nominal- . 3 , f , o , 1) . , S2J ?
31c : No. 4. f. o. ! ) . , lS 20f.
- . 1 C4 B .
I'-LAXSKKIl-No. , o.
I-HIMi : TIMOTHY Bt/Bl : ) t2.50i2.C5.
1'llOVIHIONS Mv pork. , per hbl. , IS.CZlifl'
6.M ; lard , per U < 0 \ \ > . , 13.35i/3.3T'i : short rlb >
Flde . lonce. JJ.VMf73.SO ; dry nailed bliniil.lciN. .
lioxed. f3.75'H.Wi short clear slle , loxed , I3.0
I'dtH/rnV Market steady ; turkeys , 7',4S10c ;
chlclieim. I'.W ie : ducks. 7HBSi.ic. *
WIIIHICV IJletlllers' . llnUtied Koods. per eal. ,
11. la.
SUHAIlS-Cut loaf. I5. 5i Kranulatcd , 15.47.
The following were the receipts and ihlpmentg
today'i
Outliul'roJiicii molntie-jjialav tt > 3 butter mar
ket WUB Hteadv : crcumury. UQlUci clulry. t'O '
Me. Kue , dull ; fivbh.aih'o. Cheese , firm :
OMAHA LIVE STOCK MARKET
Week Closes with a Pair Run of Better Oat-
tie Thau Ooratnon.
STRENGTH OF THE TRADE WEIL SHOWN
( ioo.l Cuttle It on dlly Co lit Itluli
1'rlofN ninl All Sell KtrmbHoftN
Unlit AiKitlit-r 11 III
McUol.
Cntllo. HOKS. Sheep. tlor.so.i.
August 2 ! ) 1,011 3,133 770
August 2S 2.171J 1H3 15
AllKUSt 27 nSI5 3,7 ! > S I , KM
AllKUSt 20 1,401 3.3K ! 13 . . . .
Aumist 25 4lfi3 4.,2ls l.KM
August 21 -UkS J.VJl a77
AllKUSt 22 2,217 : ' . , llil > W
AtlKURt 21 3,1IJ ! 2iTi2 : KB
AllKUSt 20 B..HIS 0,070 lt.C7
Tlio ulllclnl number , of cars of stock
brought In today by each road wns :
CiUtlo. llosB.Shccp.
C. . M. & St. 1' . Hy 2
Missouri r.'icllli : HalhMiy . . "
Union rnclllc System. . . . 8 ! '
H. & M. H. It. 11 1 ! ) 15
C , , H. .t 6. Hy S 1 1
C. , St. P. , M. , t o. Hy. . . . : i s .A
! ' . , 13. & M. \ . 11. H 1 ! 10 j |
Total receipts 40 19 3
Tlio dlppo.sltlon of the day's receipts wns
ns follows , each buyer purchasing the num
ber of head Indicated : .
Cattle. Hogs. Sheep ,
f ! . H , llninmond Co M RKS . .
Swift and Company 2crt r,2t
Ctidahy I'lieklntr Co 101 ! , ( * KO
1' , I ) . Armour. Chicago , . . . 13:1 : . . . .
H. Uceker & begun N !
J. L. Carey. . . 41 ! . . . .
Cudahy from Kan City. . 220 . . . . . . . . .
Swift from Kan. City 0
KIliKan & Co 271
Cleveland I' . , fc 1 Co. ,
Cleveland , O 1SI
Sinclair & Co. , Cedar
llnplda. In 131
Layton & Co 103
Other buyers 12
Left over 100
"
Total . 771 3,22 $ 770
CATTL13 There was a fair run of cattle
for the last day of the week , the fresh re
ceipts amounting to 1,011 head , as against
2,217 Saturday a week ago. Tile total outtlo
receipts for the week foot up 10.S7S , as
against KW2 for the previous week.
While the total receipts today were the
smallest of the week , there were more good
corn fed steers than hnvo been seen In .the
yards for a long time. There were not
only more , but better cattle. One bunc i
sold up to $ I.S. > the best price paid In some
lime , and others brought JI.M and on down
to $4.10 , and under. For some little time
back there lias been such a light run of
fat cattle that the packers are hungry lor
them all the time and when a few loads of
food cattle were offered today they met
with ready sale at good , strong prices.
Hardly enough cows and heifers were
offered to innko a real test of the market ,
but what few th'ere were sold at good
tlrm prices. A piece of a load of cornfed
heifers brought $ : ! .40.
There were hardly any feeders In first
hands today , but what there were sold
readily. S'ecu'ators had quite a few cattle ,
but the yards were pretty well cleared
out before the close of the market.
The cattle market of the past week has ,
on most days , been favorable to the selling
Interests so far as the demand was con
cerned. The week opened down , and values
suffered a still further reduction on Tues
day , which proved to be the low day , and
the turning point of the market. 1'rices
gradually Improved until at the close ot
the week the market can safely be quoted
l.'ftZOc higher than , it was on Tuesday. The
most of the cattle coming have been feed
ers , but an active demand was developed
during the week , whleh kept the supply ,
large as it was , well cleaned up. On Tues
day feeders sold SOiftuOc lower than at the
high times of the previous week , but the
Improved demand has given the market an
upward tendency , the advance , during- the
latter part of the week , on that kind of
cittle : being Itjr2c.
IlOfiS The week closed with n good liberal
nm or IIOKS , 3,138 liolng ii-pcrlc-il. IIH against
1.F-I3 ycFtcrilny mid 3.4C1 on Saturday a week nso.
Thii total receipts fnr the week were 17,430 us
iiKiilnst :5,2iC last week and : D,483 for thu previous
weolc.
The market oroned strong to Co lilulior , nnd
under the inllurncc of a Rood demand the trade
WUH active nnil the ynrds were KOOII cleared.
Heavy lioffs were about Co Wither. Felling Inisely
nt $2.75ft2.EO , us iiRnltist j2.70fiI.7S jeHtenlny.
The medium weights nnd mixed brouuht Ji.MQ'
2.M , nnd light mixed J2.DAflj.os. The bulk of
all the IIORS sold nt J2.75Jj2.HO.
The hog market of the part week hns pliown
considerable elianse , values fluctuating quite
widely. Th ? mniliet was at the lowest poln
on record at the commencement of the week
but advanced Bliarply on Tuesday , only to fill
bade again on Wednesday and Thursday. Oi
Fililay nnd Saturday the tendency WIIB upward
end the week clos.O'1 with the average Fales
showing an advance for the week of ICc.
KUICUr Three cars of s.jccp were offered am
sold at linn piIci'H.
CHICAGO 1.1 VK STOCK.
Snt KiHitiKh Cnitlc on Suitit .11 nice n
Mnrfert.
CHICAGO , Aug. 29. There were not enough
cattle here today to mnl.e a market. The few
that were offered for isnla were disposed of
readily at unchanged .
prices. Quotations are as
follows : Fancy beeves , nt from J4.iO ! to ? 5 : fair
to prime Mi-era , at from J3.75 to J4.85 ; stockers
and feeders , at from IL'.r.u to $3.C. > : bulls , cows
and liclfers , at from M.7 ! > to tS.fci ; cnlven , ut
fnini J3.50 to Jd.10 ; Texan s und wetteins. at
from KMO to } 3.tO.
Today's hog maiket was ncthe nnd stronuer ,
but the outlook for any permanent Improvement
Is net very brlulit. The heavy receipts have
upset the s.iort ciop theory , nnd liberal lecelpts
are expected right along. Kales were made today
of heavy Iioffs nt from J2.CV to J3.SC. medium
welKhtH nt from JJ.l'j to 53.10 , nnd light IIOKS
at from J3.2.r to 13. < j.
Sheep tol.l nt steady prlcen today , the market
retaining the llrmness characteristic of the week.
Kalct ) ate now made at from ll. & In J3.CO for
common to choice westerns selling In large quan
tities at from J3.1G to 13.49 , Feeding phepjt have
been tcnrcc at from J2.f > 0 to 12.75. 1-nmlm have
been fitful and did not rell eo well nx pheep ,
current Bales l.elng at from SJ to JC.W. with
feeding lambs wanted -at from J3.2) to $1.73.
Itrcelpts : Cattle , 2.0(10 ( head ; hogB , 15COU head ;
shtep , 1,500 head ,
KIIIINIIN City I.lviStock. .
KANSAS CITY , Aug. 20. CATTLK Ilccelpts.
ICO head ; chlpinentB 4,100 head. Market un
changed j only local tratlt1 ,
HOGS lleci-lpts , 2,000 head ; shipments. 2,000
head. Market steady to etrcng ; bulk of Bales ,
| 3.tO 3.2.1 ; heavy , J2.fOJT3.10 : puckers. J3.00&3.1S ;
nixed , .0ff3.2r > ; UKhts , J3.10lU3.30 ; Yorkers , J3.20
< i : < .r.O : plus. > 3.C5f3.20. }
BlIRKI1 Itecelpts , DOO head ; shlpmentii , SOO
head. Matket steady ; lambs , JL'.WJWI.tJ ; mut
tons , J2.00S3.00.
Stock In
Record of receipts ut the four principal mnr-
kcts for Saturday , August i. UWi :
Cattle. HOKS. Sheep.
South Omaha . 1,011 3.138 770
Chicago . 200 14,000 1MO
Ciiiifua City . 3CO 2.000 MO
HI. Louis . , . , . 1.000 .
Totals 1.S11 20,138 2,770
St. LOIIH Llvo Stool * .
ST. LOUIS. AUK. 29. CATTLK Ilecdjils , nonu
repnrled. Miuket very nulct and unchanged , wllh
only a rutall trade.
I1OS ! Itecclpts , 1,000 head. Market ! c lower !
IlKht , I3.20if3.40 ; inUed , J3.00fl3.20 ; heavy , J3.1D8
3.33.
3.33.HHKKl1 lU'CCliils , none ; no supply and no
market. _ _ _ _ _ _ _
MO.VI3V IS UAItUISM.VK IN I.OXIJO.V.
II ( vein cut of Cold ti > America In-
LONDON , Aug. 29. The hardening money
market under the Inlluenca of exports of
gold to America , together with troubles In
Brazil , Zanzibar and Constantinople , com
bined to make Stock exchange operators
exceedingly distrustful. The activity of
the African mining Hhares proved short
lived. The general public does not scorn
Inclined to cumu in us yet. Dealings are
confined largely to the professional cle
ment. A moru hopeful view bus been taken
of the business piospects In America since (
McKlnlcy'u declaration for the gold stand
ard , Thu market has risen steadily all the
week and will likely continue to advance
should the vlewn prove true that the gold
movement to America Is'u natural one , fol
lowing the early produce shipments. Increases -
creases of ( ho week were ns follows : Chicago
cage , Milwaukee and St. I'aul , 2 per cent ;
Denver & Itlo Grande preferred , l',4 ' per
cent ; Heading firms. I'/ , per cent ; Atchl-
BOII , Topoha Ai Santa Ke , 1 per cent ;
Northern 1'aclllr. I per cent. Luke Shore
declined 1 per cent.
KIIIIKIIH ( 'Ity
KANHAB CITY. Aug. 28. WIIBAT Active and
firm : No. 2 hard , ClUbC2c ; No. 3 , 4 * > , H/luc / : No.
red. ( ,7jiJtk-i No. 3 , 63fiM'ic ' ; No , 2 tprlng , 4'jc ;
< o. 3. nominally 45U4Sc.
COK.S' Active ; unchungcd.
OATS Active and firm ; No. 2 mixed , 17J71Pc ;
, * o. 2 white , old , 2i 2S'sc ; new , nominally 20c.
HVIJ No , J , nominally 20c.
llAY-rirm ; timothy , choice , I7.6oas.00 ; prairie ,
holce. St.WiiC.lO.
IHJTTKIt IlullKT weak ; creamery , UQllc ;
dairy. 10iil3c.
KUtlB Market well tuiiplled ; fei'llna nut to
Irnii quotable at 9c. I
.lln rkct. r
NK\V YOHK. Auc. -COFPKB-Oiitloni
Iicned barely ntudy and 10 polnlu lower , owing
o unfavorable nc-wv from Kuropeari und heavy
i-celrt In Bunion. Foreign houneii void , local
ruOtr Jjoutlit ; clotca barely utt-ady ut 11. to 25
down ; ak , 16TU bagt , locludlnic ;
Aucuct. $13.05 ; Sfplembcr. $ ? .70flD.K > ; Ici-em ) .
ln.l5flli.10. Spot coffee. Hid , dull ; No. T. JIM.:1
Mild quiet ; fordovn , JlS.OOfflO.TT. , Total KHIC
hinifo dellvcrlen frtmi the united Mutes. 7.3
KiK ! , Including 6,410 bags fmm New A'nrk' New
Yi.rlt Block today , 176 01 I > H.KI > : fulled Kt t <
Muck. Ittf.IiTO fiaxs ; nllont for the 1'nllf.l . Stales
SS1.WO KIRK ; totnl x IMtdc for the fnlteil Plntc ?
47T.KO 1'RS' . ngnlnst ! > 3A,479 bnfs ) nn > cnr.
SANTOS. AUB. SJ. COKPKI--KlMii : KM nvpr
r. , e , Fnnt.w 11.600 rcls ; receipts. al.Orflbas * ; mock
44I.MIO b.lS ) .
llAMKfHOW. . -rorPli-lulel : ; > t pf
ucdliie ; nlo. B.'WO Lies.
UAVIIi : , Aug. W.-CtKI'ii-O ) : | > fn.l quiet ; tin
fhaiiKf'l to 'if nilranrp nt 12 m , el < wed 'if t
lif del-line ; yitlft. 7.CA1 liaKS.
1110. Ailg. W-rOKPHK-Steaily ; N'o. 7. Hlo
10.TCK ) rein ; cxrhntute , S 11-lCd. rccelptK , 8tn
Uijr * ; cleared for tlie fulled States , 9.000 IIIIKM
rlMied for liiirope , S.fOO lagii ; stock , 261.1
PROPOSED
CONSTITUTIONAL
AMENDMENTS
Tim following proposed amendments to th
Constitution of the State ot Nebraska , a
hereinafter tct forth In full , are submlttc. .
to the electors of Hie State of Nebraska , I
be voted upon at the general election to u
held Tuesday , November 3 , A. D. IS'JC :
A joint resolution proposing to amcm
sections two (2) ( ) , four (4) ( ) , and five ( fi ) , o
article six ( fi ) ot the Constitution of Hi
State of Nebraska , relating to number o
Judges of the supremo'court and their tern
of olllcc.
IJo It resolved and enacted by the Louis
laturc of the Slate of Nebraska :
bVctlou 1. That section two ( . ' - ' ) of nrtlcl
six ( C ) ot the Constitution ot tne Slaio o
Nebraska be amended BO as to read as fol
lo\\s :
Section 2. The supreme court shall untl
otherwise provided by law consist of live
(5) ( ) judges , it majority of 'vhom shall b
neccssiiry to form u quorum or to pro
nounce A decision. It ftlinli nave orlglna
Jurisdiction In cases rolatlnt revenue
civil cases In which tho.stmo snail bo i
party , mandamus , quo wurranto. Habeas
corpus , and such appellate jurisdiction , a :
may 1m provided l > v law.
Section 2. That section four H ) of artleli
six iC ) of Mio Constitution of ine staio
NciHasna , amended o an to rcatl as fol
lows :
Section 4. The Judges or the supreme
court shall be elected by the clef-tors o
the state at large , and tlicfr term of otllce
except as hereinafter provided , r.hnll be for
a period of not less . ! : : .n five to ) years as
the legislature may prescribe.
Section 3 That section live (5) ) of nrtlcli
six ( C ) of the Constitution ot the State o
Nebraska , be amended to r od as follows :
Section 5. At the first general election to
bo held in the year ISM , there shall be
elected two Judues ot the i-'upremc cour
ono of whom shall be elected for a term o
two (2) ( ) years , ono for the term of four (4 (
years , nnd at each general election there
after , there shall bo elected one Judge o
the supreme court for the term of llvo (5 (
years , unless otherwise provided by law
Provided , That the judges of the suproin
court whose terms have m- * expired at the
time of holding the general election of 1S ? ( !
shall continue to hold their olllcc for thf
remainder of the term for which the }
were respectively commissioned.
Approved March 2 ! ) , A. D. 1SOD.
A Joint resolution proposing an amendment
me-nt to section thirteen (13) ( ) ot article six
of the Constitution of the Stale ot Nebraska
relating to compensation of supreme am
district court Judges.
He It resolved by the Legislature of th. .
State of Nebraska :
Section 1. That section thirteen (13) ( ) o
article six ( fi ) of the Constitution of th
State of Nebraska bo amended so us to
read as follows :
Sec. 13. The judges of the supreme nm
district courts shall receive for their ser
vices such compensation as may bo pro
vlded by law. payable quarterly.
The loglslr.iiro shall at Us first
after iho adoption o' this amendment
three-fifths of ino tncmfert elected to
each house concurring , establish theli
compensation. The compensation so es
tabllshed shall not be. rlwnpc-.l cftonor thai
once In four years , nini In iio event unless
two-thirds of the members ejected to eacl
house of the legislature concur tnerol" .
Approved March TO , A. D 1SS3.
A Joint resolution proposing to amend
section twenty-four (2-0 ( of article five (5 ( >
of the Constitution of thu State ot Nebraska
relating to compensation ot the officers of the
executive department.
Ho It resolved and enacted by the Legls
laturo of the State of Nebraska :
Section 1. That section twenty-four (20 (
of article live ( ! > ) ot the Constitution ol
the State of Nebraska bo amended to read
as follows :
Section 24. The ofllcers of the executive
department of the state government shall
receive for their services a compensation
to be established by Saw , which shall lie
neither Increased nor diminished during
the term for which they shall have been
commissioned and they shall not receive
to their own use any fees , costs. Interests ,
upon public moneys In t > n > lr hands or
under their control , perquisites of ofllco at
other compensation , and nil fees that may
hereafter bo payable ijy law for services
performed by an olllcer provided for In
Ihl" I- ' shall bo paid In advance Into
the state treasury. The legislature shall
at Its first session after the adoption ot
this amendment , three-fifths of the mem
bers elected to each house of the legisla
ture concurring , establish the salaries of
the oflleefH named In this article. The
compensation so established shall not be
chanced oftencr than once In four years
and In no event unless two-thirds of the
members elected to each house of the leg
islature conrur therein.
Approved March 2D , A. D. 1853.
A joint resolution proposing to amend
section ono (1) ( ) of article six ( G ) of the Con
stitution of the State of Nebraska , relating
to Judicial power.
Ho It resolved and enacted by the Legis
lature of the State of Ncbrusk"--
Section 1. That section ono (1) ( ) of article
six ( C ) of the Constitution of the State of
Nebraska bo amended to read as follows :
Section 1. The judicial power ot this state
Bhall bo vested in a supreme court , dis
trict courts , county courts , justices of the
peace , police magistrates , ami m auch
other courts Inferior lo the cuprcmc court
PS may be created by taw in which two-
thirds of the members elected to each house
concur.
Approved March 2D , A. D. 1195.
A Joint resolution proposing to amend sec
tion eleven (11) ( ) of article t\x \ ( G ) of the
Constitution of the State of Nebraska , re
lating to Increase In number of supreme
and district court judges.
Ho It resolved and enacted by the Leg
islature ot the State of Nebraska :
Section 1. That section cloven (11) ( ) of arti
cle six ( C ) of the Constitution of the State
of Nebraska bo amended to read IIH fol-
Section 11. The legislature , whenever two-
thirds of the members elected to each house
Dhall concur therein , may , in or . .Her the
year ono thousand fluhv Hundred and
ninety-seven and not oftencr than once In
every four years , tncreaso the number of
judges of supreme and district courts , and
the Judicial districts of the state. Such
districts shall bo formed of compact terri
tory , and bounded by county lines ; nnd
Buch increase , or any chnngo In the
boundaries of a district , Hhall not vncuto
the olllco of any Judge.
Approved March KO , A. D. , 1M > 3.
A Joint resolution proposing to amend
section elx ( C ) of article ono (1) ( ) of the Con
stitution of the State of Nebraska , relating
to trial by jury.
Ho It rcuolved and enacted by the Log-
Uilature of thu Stnto of Nebrasku.
Section 1 , That section six ( U ) . article ono
(1) ) of the Constitution of the Hlatu of Nu >
braukii bo amended In read at ; folluwx :
Section 0. The right oj' ttlal by jury Bhall
remain InvlohUe. but the ii-diilaturo ma >
provide that In civil actions five-nlxUm of
the jrry may render a vennrit. and thn
legislature by niso uuihorlz'- trial by a
jury of a IPHS number than twelve inuu
In rourtH Inferior to the district court.
Approved Morch 29 , A , P. . 1W5.
A joint resolution proposing to amenc' '
section ono (1) ( ) of article five ( C ) of the Constitution
>
stitution of Nebraska , relating to olllcers of
the executive department.
Ho it rctiolvtil uiiu > nacn-d by the Leg-
Ibtuture of the Stuti ; KubruBka.
Section 1. That section ono lij of article
five (5) ( ) of the Constitution of the State
of Nebraska be amended to read aa fol
lows :
Section 1. The executive department shall
consist of u governor , lieutenant governor ,
necrctiiry of Htate , auditor of public ac
counts , treasurer , superintendent of public
Instruction , attorney Kmcrai , uomrnlKslonur
ot public lands and buildings , und three
railroad commissioners , cacti of whom , ex
cept thu said railroad comuilHBloners. shall
hold hlH olllco for a term of two years ,
from the Jlrut Thursday afi r thu first
I'ueHduy l January , aticr his election ,
nd until his successor Is vlcctcd and quail
flci Kacb rullruud commissioner
hold hi' olllcc for a. term ot three years ,
iH'KlnMng on the first 'InitiMay after tha
first Tuesday In January after his olcc.lon.
nnd until his uscccssor Is elected nnd quail.
lied ; I'rovldi'd. howc\cr , Thnt at the first
Keii'-wl flection held after the adoption
of this ninrmlnicnt there shall bo elected
three inllroml commissioners , ono for the
pellod of ono yiur , one fet 'ho period ot
two yen ; ? , and 01,0 , im tno period ot thrco
years. The governor , secretary of state- .
auditor of public accounts > nu treasurer
shall rfMdo ut Iho aiitio ! anting thrlr
term of oillce ; they slinll kt-ip the publlu
records , books ; < ml f..ipers there , and shall
perform sueh duties ns m.iy bo required by ;
law.
Approved March M. A. P. , 1S03.
A Joint resolution proposing to amend SPC
tlon Uvi'inj six CO ) of aitlda llvo (3) ( ) of the
Constitution of the Stale of Nebraska , limitIng -
Ing the number of executive state olllcers.
Ho It resolved and enartcd by the Log-
Is'aturo of thn State of Kvlir.iBU.it
Section 1. Thnt section twenty-six CO ) ot
article five ( S ) of the Oonstuutlon or the
Slate of Nebraska bo amended to rend as
follows :
Section 2(1. ( No other fxecutlvo ntnlc offl-
00 w except those tunned In section ono (1) (
of this article shall be created , except by
nu net of the legislature which Is con
curred In by not less than three.fourths
of the members elected to each house
thereof ;
Provided. That nnv oilier created by nil
net of the legislature may be nhnlMicd by
the legislature , two-thirds of the miMiibora
elected to eaeh house thereoj I'oneutrlUB.
Approved JJarch 3n , A. IX. ISM.
A Joint resolution proposing to amend
section nine (9) ( ) of article eight ( S ) of iho
Constitution of the State of Nebraska , pro-
\ldlng fur the Investment of the permanent
educational funds ot the state.
Ho It lesolvcd and enacted bv the Lcg
Ishtturu of the State of Nebraska :
Section 1. That section nine U ) of article
eight ( S ) of the Constitution of the State
of Nebraska bo amended to read as fol
lows :
Section ! ) All funds belonging to the state
for educational purposes , th < > interest and
Income win-root only ale to be Used , shall
be deemed trust funds held by the state ,
and the state shall supply nil losses there
of that may In any manner accrue , BO that
the same shall remain tar vur Invlolato
and undltnlnlsheil , and H.uill not bo In
vested or loaned except > n fulled States
or litato sicurltlcM. ot registered county
bonds or registered school district bonds
of this slate , and such runiis , with the
Interest and Income thereof arc hereby
solemnly pledged for the 'iitrposes for
which they mo grnntci * nnd set apart and
shall not be transferred to nny other fund
for other uses :
Provided , The board created ny section
1 of thli > nrtkic : s f po\ > ' - - il to sell from
tlmo to time n.-y ol tn securities belong
ing to the permanent school fund and In
vest the proceeds arlsinir theivtrom In nny
of the securities enumerated in .Ins sec
tion bearing a higher rate of Interest.
whe-"ver itn opportunity lor better Invest"
incut Is presented ,
And provided further , Thnt when nny
warrant upon iluHt.i'M ' irrasuror regu
larly Issued In pursuance of an appropria
tion by the legislature and secured by the
levy of a tax for Its payment , shall bo
presented to Iho state treasurer for pay
ment , and there ehnli not lie any money
In the propel Hind 10 pay such warrant ,
Iho board created by sr/-tlon 1 of this arti
cle may direct the state treasurer to pay
the amount duo on such warrant from
moneys In his hands belonging to the per
manent school fund of the state , and ho
shall hold said warrant ns ; nn Investment
of saliKpernmnent school fund.
Approved March 29 , A. IX. 1833.
A Joint resolution proposing an amend
ment to the Constitution of the State ot
Nebraska by adding a new section to artlelo
twelve (12) ( ) of said constitution , to ho num
bered section two (2) ( ) , relative to the merg
ing of the government of cities of the
metropolitan class and the government ot
the counties wherein such cities nro lo
cated.
Ho It resolved nnd enacted by the Leg
islature of the State of Nebraska :
Section l. That article twelve (1 ( ! ) of the
Constitution of the State of Nebraska bo
amended by adding to said artlulo a new
section lo numbered section two ( ? > . to
read as follows :
Section 2 The government of any city ot
the metropolitan class and tno government
of the county In which It Is located may ba
merged wholh" or In part when a proposi
tion so to do has been submitted by au
thority of law to the voters of such city
and county nnd received Mio assent of a
majority of the votes cast in riuch city and
also a majority of the votes cast In the
county oxcltiHlvo of UKrnst In uucli
metropolitan city nt such "lection.
Approved March EH. A. IX. 3S03.
A Joint resolution proposing an amendment
to section six ( C ) of article ncven (7) ( ) of the
Constitution ot the Stale of Nebraska , pre
scribing the manner In which votes shall
be cast.
Ho It resolved nnd enacted by the Leg
islature of the Stnte at Nebraska :
Section 1. Thnt riectlon six ( .0) of nrtlclo
se.ven (7) ( ) of the Constitution of the Stnto
at Nebraska bo amended to road ns fol-
Scctlon 0. All votes shall bo by bnllot. or
such other method as may be preiicrlbed
[ > y law , provided the secrecy or voting bo
preserved.
Approved March 20 , A. D , , 1SD3.
A Joint resolution proposing to amend .
section two (2) ( ) ot article fourteen ( H ) of the
Constitution of the Stnte of Nebraska , rela
tive to donations to works of Internal 1m-
irovement and manufactories ,
Ho It resolved and enacted by the Legis
lature of the State of Nebnmkn :
Section 1. That section two m of nrtlclo
fourteen (14) ) of the Constitution of the
State of Nebraska , bo amended to read na
Tollows :
Section 2. No city , county , town , precinct.
municipality , or other subdivision of the
state , shall over mnlc donations to any
works of Internal Improvement , or tnann-
'actory , unless a proposition so to do shall
iavo been first submitted to the qualified
electors and ratified by a two-thirds vote
it an election by authority of law : Pro
vided , That such donations of n county
vlth the donations of mien subdlvlMloiiM In
ho aggregate shall not exceed ion pi > r cent
of the assessed valuation of such county ;
Provided , further , Tiiat any city or county
may. bv n three-lourths vote , Increase ouch
ndobtoilncHS five per -jcnt. ID addition to
such ten ncr cent , \nn no bonds or cvl-
lenees of Indebtedness no Nulled shall ha
alld unless Iho samn snnll hnvn endorsed
hercon a certificate signed bv the sccre-
ary and auditor of state , showing that
ho same Is Issued pursuant lo inw.
Approved March 20 , A. D. , IS55.
I , J. A. Piper , secretary of state of the
tale of Nebraska , do hereby certify that
ho foregoing proposed amendments to the
Constitution of the State of Nebraska are
rue nnd correct copies of the original cn-
ollcd and engrossed bills , as passed by the
Twenty-fourth session of Iho legislature of
ho State of Nebraska , as appears from
aid original bills on fllo ( n this oillce , and
hat all und Cadi of said proposed amend-
nents arc submitted to the qualified votcra
f the stale of Nebraska for their adoption
r rejection at the general election to bo
icld on Tuesday , the 3d day of November ,
A. D , , 188C ,
In testimony whereof , I have thereunto
et my hand and afllxed the great seal of
lie state of Nebraska.
Done at Lincoln , this 17th day of July , la
ho year of our Lord , Ono Thousand Bight
lundred and Ninety-six , of the InJcpend-
nco of the United States thu Ono Hundred
ml Twenty-first , and of this state tbf
flilrtlfth.
Seal. ) J. A. I'll'KK ,
Secretary of State.
AUK I DtoNovS morn only.
_
.Nnllcc.
To C. 13. Klvlng und to Whom It May
Concern : Notice Is hereby ulvon that on ,
owlt , the lijth day of February , A. D. ,
t > W , the board of managing trustees of the
fxas Colonization company levied an UH-
cttmcnt of (10 per sliaro upun the capital
lock of said company , payable within
Ixty days from said duto ; th it xnld na-
cssinent upon fourteen nnd onti-half xhnretj
f said Htock belonging to mild C. 10 IClvIiiK
s now delinquent , ami that said HhiucH of
lock or so much thereof as shall bo Decen
ary to meet such iiBHecument. together
lib Interest nnd costs , as provided by the
y-laws of nnld company , will bo sold at
ubllo auction to the highest and bent bidder
or cash at the olllco of said company In
DraiiKo City. Sioux county. la , on thu Jlst
ay of August. A. IX , 1SSC , at 2 o'cloclc
Secretary and Manager ,
M5J171-M.
_ _
JAMES E. BOYD < S CO.
Telephone 1M ( ) ! ) . > Onuiliu , Neb.
COMMISSION
RAIN : PROVISIONS : AND : STOCXJ
Ilcoro 111U , Uoaril of Trade.
Direct wire * to Chicago and Now York. |
Corrcwuadcau : Jotia A. Wurtu tt Cfb