Omaha daily bee. (Omaha [Neb.]) 187?-1922, July 29, 1897, Page 4, Image 4

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

    " H H
THE OMAITA DATLT TIIUTISDAY , jJULY 29 * 1S07. .1
TUB OMAHA DAILY BEEr
K , noSEWATKn , Editor ,
TEIIM3 OP SUIJSCUIPTION.
Dully life ( Without SimJny ) , One Year..I ?
Dully lle and Sunday , One Year W
Klx Month ! ! . .
Thim Month * i * W
Hundny ll e. One Yenr. . . . " 'I'll '
Rntunlny ll-e. One Yenr 1M
WeeklyIfce , One Yenr K
OI-T1CE3 !
Omoh.i : The flee llultdlnfc.
Boulh Omaha : Hinder lllk. , Cor. N nnd 81th St .
Council Illurrsl 10 1'enrl Street.
ChlcflKO OHlces 317 Chamber of Commerce.
New York : Itnomii 13 , U iiml IS. Tribune UUs-
Wnii.ilnston ! Ml l-'ourteenlh Slrcel.
coititi-si'ONUiNCi : _ .
All communlcntlon > relallni ; to new § nnil fdlto.
rlnl inntler nhoultl lie ntlilreneil : Tn the EJIlor.
IIUSINKSS I.KTTKIIS.
All Liidlnns letters nnil rcnilttnnces flioultl be
inMic scil to The lien I'ubllshlng Comtmny ,
Omalm. Dr.iftn , chocks , expre-a nnil posloince
money nnlern lo lie mnile pnynble lo the ordei
of the company.
TUB III.I. 1'Um.IBUlNO COMPANY.
8TATRMI3NT OK CinCTJI.ATlON.
filnto of Nebrnnkf. , Danish ! County. i !
lleor e 11. Tz-chuck. Kocrctnry of The Ilee I'nb.
Ihlilnc comimny , lielns Ouly nworn , fnys Innl lh
nctnal nuinlii-r of full and romplelc copies of The
Dnlly Mornlntr , n-enlng and Hunilay ce printed
OnrlnB Ihn nionlh of .lime. 1197 , wn as follows :
1 10,531 , 10 . . . . 1XC23
2 . ' 1.157 i ; , . . . . 1J.M1
a is.sis J . . 19
4 19.50) 1 ! ) . . . . 15,770
r , 19.911 JO ' . 20,025
50.JOO 21. . 19.M !
7 SO , US. ' . 22 . 20,121
8 in,701 23. . 19.S71
9 W.7SS 21 . 19G
10 19.S1.S 2J . 1 ! > .67I
11 19.H3 2 . . . 1S.S7S
12 19.074 . ; . 19,815
13 .0,211 js ; . 19.642
14 19.701 2-j . 19.D9.1
15 19.830 30 . 13,571
Total 693.41 !
Irf-ns "leductloni for unfold nnd re-
Uirncd copies 9.217
Tolnl net pale. " SSS.1M
Net dnlly nvcrnRi- . . .19.510
OEOHOr. II. T/.HCIUJCIv ,
Sworn In beforf me nnd ? nb crltioJ In my pres-
tnca thin "il day of July , 1597.
N. P. Fr.IiA
Nolnry Public.
Til 13 III3I. OX TH.VI.XX.
All rnllrnml ncTrnlioyn nrc
niiiit1lcil with ciiotiKli llres
In nrc-omiitodiiU * every i n -
BUIIKITvlio TviintM to rcml n
nrrrspniirr. Iiixlxt upon liuv-
IIIK Tliilive. . If you iMiiinol
net n llro on n train from the
IIIMVR iipfont , iilciiHu ri'iuirt
( lie fnc-t , ntntliip ; tlie trnlii anil
rnllroiiil , In HIP Circulation
Dviiiirtini'iit of Tli < * UPC. The
Hi-is In for Male on nil train- .
INSIST OX IIAVlXfJ TIII5 11KE.
PAHTI1.S M3AV1NG KOH TillSUMM12II
I'lirlle * Irnvlnnr ( Ii elif for
( hi ; MIIIIOUT rn 11 linvn The
HIMMonl to tin-in i-pfxnlni-ly
liy iiotirylns ; TIi - Ilrt Inisl-
iii-KM olllcK In IUTMIIII or liy
mull. The iiililrrNM will lie
UN often us ilcHlreil.
Thp ninn who nttwiils .strictly to hh
own business Is nut coinpluiniiu tlicst
dnys.
Tlic 1SOS mod of the TAMIKHP of Amcrl
can AVlici'Iint'ii would look well In tin
list of Omaha's uxiioshloii year attvnc
tlons.
silver dollars down to15 cent :
nnd steadily declining. Thi'fc must In
now crlniL'9 against silver coinmittci
every day.
" \Vliy Is It not as easy to pmsccuto tin
ownur of a slot niachino Tor kocpini
gambling devices as for falling to paj
the license ?
It must be roinoniberpd that the Stat <
fair will be held In Omaha In Senteni
liur and as usual will be greater , grandc ;
and belter than ever.
AVlth the tariff law a reality , some 01
those various local projects for new man
iifactnrlng enterprises at Omaha ough
to take tangible form.
The people of Nebraska are slowly biv
enroly becoming convinced that a dl
r Tlslon-of-llie-spolls fusion does not meat
retrenchment or reform.
The republican county committee
Bhould be called at once. There are onlj
four weeks from now to the state con
ventlon and the voters should have ni
least two weeks' notice of the prlmarj
election.
I'owdcrly will take the reins as com
intssloner of Immigration ad interim , 1m
the senate may have something to saj
yet ns to whether his new position slitil. .
le ) u permanent one for the usual four
3'car term.
If the proposed hoineseekers' excur
sions really consist of homeseekers tliej
ought not to want to visit any other staU
after Inspecting Nebraska. When li
comes to Inducements held out to home
Beckers Nebraska stands at the front.
The Ak-Sar-Hen Is doing great wort
In establishing and cementing an era ol
good feeling between the people ol
Omaha and the people of neighboring
Nebraska towns. In this work the local
organization deserves every encourage
incut.
Should the secretary of war detcrmlm
to send a detail of United States troop :
to Alaska he may feel safe from ai
avalanche of applications from olllcen
to be iisslgncd to a post whose specla
attraction Is a north pole climate tei
months out of twelve.
Property owners along streets orderct
paved have thirty days under the lav
to designate- the puvlng material the.
wlHli used. Hut there Is nothing In tin
law to prevent them from tilgnifyliu
their desires liv this respect within tei
days , nnd If a majority agree on anj
onu material the. work can proceed with
out further delay.
1 I'at O : Ilawes Is entitled to a goh
medal. He Is the only republican li
Nebraska who could Induce a popullti
legislature and a populist governor t <
give him - . " per cent for collecting nionej
lue Nebraska from Uncle Sam , when wt
liave six congressmen and two senator :
In Washington capable of attending t <
the state's business.
In spltu of all the assertions to tin
contrary , The lieu has reason to bellevi
that the Omaha and Council Bluff.-
bridge is one of thu best paying Invest
incuts In this section. It Is the polio
of the owners of al ! such corporations tf
minimize their revenues In order to heat
off popular demands for reduced furei
end Increased tax valuations.
, \L
r UAUKOX cunnuxrY.
Secretary Onge Is a conservative man
nnd there has hardly ever been a time
when there was greater need for such n
man at the head of the financial depart
ment of the government. It Is under
stood that In n general way the secretary
of the treasury Is In sympathy with the
demand for a reform of the currency ,
Ilcfore ho was publicly named or per
haps thought of In connection with that
distinguished position ho was known to
approve of the currency plan of the In-
dliinapolls conference. Ve accepted the
proposition promulgated by that confer
ence that the essential basis of currency
reform Is the ultimate retirement of all
classes of United States notes and he
agreed with the other views expressed
by the bankers and business men who
met at Indianapolis early In the proscnt
year. In short , Mr. CJage was fully
Identified' with the currency reformcrM
and was generally recognized ns one ol
the leaders In that cause.
The secretary still believes that the
currency system needs revision , but hi' '
Is not among the extremists who think
that there can be no conlltlence and no
recovery of prosperity until this revision
Is had. Mr. Oago's speech to the busi
ness men of Iloston will be reassuring tti
all but those who want an Immediate
overhauling of our currency the Impatient
so-called reformers
patient and persistent -
ers who can see nothing but harm In
existing financial conditions. What sayn
the experienced Ilnancler at the head of
thu national treasury ? "On the lliianclnl
side there Is really no pressing need foi1
hiiste , " he declared. "There Is cer
tainly no Immediate occasion for anx
iety. With ample reserves In the public
treasury , with financial centers In n full
supply of loanable funds , with interest
Invitingly low , with crop prospects most
promising and a good market assured ,
with new mineral resources coming Into
view , who dare Indulge in doleful fore
casts' ? " These things must be apparent
to nil practical men of intelligence.
Grant thai some changes , In the direc
tion of simplifying and strengthening
the currency system , are desirable , still
there is no reason for baste or anxiety.
We have had this system for many
years , during which the country enjoyed
the highest degree of prosperity In itn
history. We have had with It industrial
expansion , agricultural growth , Ineivase
In domestic nnd foreign commerce and n
great augmentation of the national
wealth. Why may we not have all thl--
again with this same currency system
If all other conditions to material prog
ress and prosperity are present ?
This paper can heartily endorse tin
views of Secretary Gage quoted above
because they are in complete accord witli
what we have repeatedly said , that tin
anxiety manifested by some for cur
rency reform Is needless and that the
agitation pf the subject at this time car
accomplish no good and may do barm
Certainly there is danger of ill effects
when men of responsibility In financial
and business circles persistently pro
claim distrust of the currency syste.n
and constantly declare that there can In
no great or permanent Improvement ) i
financial and business conditions unti
the currency Is reformed according tr
their notions. Secretary Gage will have
done a most important service to flu
country and to the cause of revlvinj.
prosperity If his sound and conserva
tive utterances shall silence for a time
at least the Impatient and for the mosl
part impracticable currency reformer : ) .
TJIK I.lttHV ( Khn KXPORTS.
The exports of gold from this conntrj
recently have been so small as not tr
attract much attention and there is noth
Ing to indicate any enlargement of thr
movoni"iil In the near future. Oil tin
contrary , the conditions appear likely U
cause the importation ofthe yello\\
metal.
According to late London advices sueli
shipments of gold as have been mndr
front this country caused no stir thorp ,
because it Is evident that with a rlslnj ;
market for wheat and the prospect of n
phenomenal demand lor breadstuff ;
from Australia , as well as H.iiropc , gold
will soon be moving toward this conn-
try. The fact that it is now otherwise
Is clilolly duo to the return of American
securities. It Is said that the tendency
among English Investors Is in the direc
tion of selling American stocks when
ever prices Improve and as they arc
likely to continue to Improve this may
cause temporarily a moderate drain ol
gold. Itnl this cannot last long anil can
hardly become serious.
One of the most substantial and reas
suring features of the financial situation
Is the ample supply of gold in the United
States for any probable exigency. Thn
treasury reserve is now 3I4-I,00 ( > ,000 and
the New York banks are well supplied
So far , therefore , as the available stock
of gold In the country Is concerned there
Is not the slightest reason for any appre
hension that every demand will not bi >
met without causing the least financial
disturbance. As the situation now lool >
the country will be still stronger In this
respect six months hence.
THR W
President McKlnley has gone on an
extended vacation and tin ! ontlro Ameri
can people will wish him the gmitesi
possible enjoyment of a well-earned ivst ,
Mr. McKlnley may not have worked
harder , during the IlttU * more than four
months since he became president , than
did some of his predecv.s.soiv < , but ho lm : <
been kept pretty fully occupied and
much .of the Mine his duties have been
of a rather arduous and exacting nature.
Of course Ilin most serious strain on
him has been In hearing and considering
the applications of otllco. si-ekois , though
he found a way to relieve himself In pan
of this task , the most annoying and per
plexing which a president has to per
form , by making senators and repre
sentatives to a large extent responsible
for appointments. He has been crltl-
elm ! for this , but tin-re. Is much to IKI
Knld. In commendation of the plan , not
thu least of which Is that It saves the
executive energy for more Important
work , Mr. McKlnley | s a methodical
worker and lit never allows himself tn
become IrritatedTiuitlltles which enable
him to accomplish n great deal tn n given
tlmo without much wear and tear upon
his vital forces. lie-sides , his long ex
perience In public affairs anil ulv
settled views on nearly all matters of
public concern , enable him to reach con
clusions promptly on most subjects pre
sented for his consideration. In these
respects ho Is one of the best equipped
chief magistrates the country has ever
had.
President McKlnley has grown In the
confidence of the country , lit ; Is
stronger with the people today than
when he went Into otllco. All have faltb
hi his sincerity of purpose , whatever
difference of opinion there may be as
to the wisdom of the policies he repre
sents.
vxitw / .irip/c / unman ro/.r-s.
The original Union Pacific bridge was
erected at a cost of $ . , ' . .00,000 and
bonded for .Tr > 00.000. It Is well known
that the bridge earned enough to pay for
Itself every five years , after deducting
Interest , expenses of maintenance and
repairs. The bridge was chartered In
1871. The bonds wore to run twenty
years , and If the bridge receipts had nil
been turned In there should have been
no unredeemed bridge bonds of that
Issue. Hut the financiering of the bridge
has always been on the heathen Chinee
plan. Nobody will ever know just how
much was actually earned and honestly
expended for the bridge. Sutlice It to
say , that nearly ? -iOO,000 of the original
bond Issue remains unpaid and the
bridge , which could be duplicated today
for ? riKKl ( ) ) ) . will be Included In the bill
of sale of the Union Pacific road , sub
ject to a prior Hen of over $1.100.1)00. )
The reorganization plan contemplates
taking up this Indebtedness with -I per
cent bonds , which will make In round
figures n fixed charge on the Omaha
bridge of ? l,000 a year. The original
fixed charge on $ _ ! .r > 00,000 of bonds at S
per cent was $ :00,000 : a year , and It Is
safe to assume that the cost of main
tenance and repairs of the present bridge
will be no greater than It was for the
first bridge. In fact , It is safe to assert
it will not be one-half as much.
The bridge tolls from 1 7 _ > to 1SSr ,
were at the rate of $10 per car and fie
cents per passenger. The lowe.st present
bridge toll Is1 per car and I ! , " ) cents
per passenger. If , under the plan of
reorganization , Um bridge Is still to be
maintained as a toll gate separate from
the railroad , which Is wrong in principle
and unjustlllablo in practice , the rates
should bo read justed-pro rat si with th ?
changed conditions. The fixed charges
will have been decreased from $ U)0,000 ( )
to $ -l.X)0 ( ) a year , and' the'toll should
bo at least correspondingly decreased.
The highest freight charge should not
exceed $11.50 per car. and the passenger
rate I'-lVi cents.
Nothing has dona more to retard the
growth of Omaha and to cripple its
commerce than the exorbitant discrim
inating bridge tolls. From this embargo
It Is to be hoped the foreclosure of the
Union Pacific will afford permanent re
lief. It Is to bo hoped tlnit the manage
ment of the reorganized road will bu
content with an income from the brldg , '
that will cover the fixed charges and
cost of maintenance , repair ami opera
tion. If the policy that has been pur
sued for twenty-live years to tli'e detri
ment of this city with respect to th' : ,
bridge wore pursued by every railroad
that expended millions for tunnels , via'-
duets and bridges In approaching trade
centers or terminal points , there would
have been government ownership of rail
roads long ago. Although foreclosure
is yet several months distant , it is not
too early for Omaha to commence a cam
paign for the reduction of the bridge
tolls and the abolition of Jho dlfi'ereu-
tlnls ns soon as the now management
takes control.
OALLKD For.
The disclosures of systematic over
charges by contractors for printing and
stationery , brought to tli'c notice of th.
city council by Councilmen Stuht
and Lobock , call for further Investiga
tion. For several years there has been
a well-defined suspicion that the con
tractors for city job printing and sta
tionery were either delivering article"
of Inferior quality or short measure , or
were allowed to collect higher prices
than they were 'entitled to under their
contract. This suspicion was founded
upon the fact that the contracts went to
the same parties for a succession of years
jit prices In many Instances way below
cost. In printing , as in all things , com
petition may bring down prices to a ruin
ous point , but It Is not likely that parties
would renew contracts that involved
losses.
TlioTeport made by Councilman Stuht
shows conclusively that the bills of im
printing contractors have been outra
geously padded. Some articles luiv-o
been billed at four or live times the con
tract price. This could not possibly
have been overlooked if the officers or
clerks charged with checking them up
had exercised reasonable vigilance. The
natural inference Is that there has been
collusion In the cly ) hall with the con-
tractors. In any event the fact that th"
overcharges have not'bpeli discovered
until now Indicates gross negligence , ll
Is the Imperative duty of the council to
Institute a thorough Investigation by dis
interested experts , going back , If neces
sary , to the first contract made with
the present contractors.
Notice bos been served on the pollci >
board by the council that It must kee < i
expenditures within the proceeds of the
levy for police purposes. Inasmuch an
the charter proscribes the pay of police
officers , the only way for the police
board to retrench Is by reducing tin-
force. There is certainly no need of
two chief detectives or seven detectives
who do not detect anything. With a
competent chief , half the detective fort1"
can be dispensed with and regular pa
trolmen utilized for detective work.
There Is nothing In the charter that will
Jtrevent the Hoard of Flro and Police
Commissioners from abolishing uselesi :
olilrcs and dispensing with men whose
services are not needed or cannot be
paid for out of tlie funds at Its disposal ,
Many honest populists--lire discover
ing that thochejtif money _ wlll-o' the-wJsp
is nothing but a duluslon and a unaro
utilized by clever demagogues to keep
themselves In political favor. When
thulr eyes have been fully opened to the
deceptions that have been practiced
upon them these populists will be found
making tluiln way Into the ranks of the
republlcaiiliHrJy , which was founded as
the true reform party.
Despite JJ.1J Jho care bestowed upon It ,
minor Inc ushjtpncles and errors of copyIng -
Ing have doubtless crept Into the tnrlft
bill durlntf tnr various changes In and
out of eolflftrtltoo and conference. Hut
ns n wholojtre | | will be no dllllculty In
construing nid | enforcing Its provisions ,
The few lylj'ojcjs In the law will be easily
cured by lujqivjr amendatory legislation
when cong esH reconvenes next winter
In regular session.
The Hrltlsli government explains how
It came to liny American steel rails for
the government-owned Must Indian rail
way by the simple fact that the Ameri
can bid was over ! ? -IOM)0 ( ) less than the
lowest competing Hrltlsli bid. When
American manufacturers are able to sell
steel rails to the Hritlsh government by
underbidding all comers , American In
dustry gains perceptibly In prestige.
The road .seems clear to Union Pacific
foreclosure and reorganization. Hut It
must be remembered that the Iluutlng-
ton syndicate Is resourceful of expedi
ents , and it Is not certain whither it
has given up the task of obstructing the
termination of the Union Pacific receiv
ership.
Silver yesterday touched the lowest
point on tlie market ever scored. AVheat
and other farm products , on tlie other
hand , continue to rise or hold their own.
The popocratic doctrine that the price
of silver governs the price of wheat
must have been repealed.
Olhi-rn Don't Count.
Detroit Journal.
As a whole the Dlnglcy law Is satisfactory
to protectionists , nnd It Is Immaterial
whether the free traders arcpleased. .
Wlmt. Iml.-oil ?
Worcester Telegram.
When the wheat season la cuilcd the coun
try will be $100,000,000 richer from that
source than last year.
What Is that but prosperity ?
WlK--it .HlmttcrN i Theory.
Olube-Dcmocrnt.
A bushel of wheat Is worth nearly twice
as much cs the bullion In n silver dollar.
I'rof. Coin's favorite- economic theory , like
his money , Is subject to a discount of fiO per
cent.
Inilioi-liiiit < ! i'iivi | > lilcil Fact.
MlmiL'apolIa Times ,
The current discussions of Alaska serve lo
recall n geographical fact that la not of gen
eral knowledge It ii that when we Include
Alaska , the. , United States extends farther
witst than It does cast from San I-'rnnelsco.
This InfonrjaUpn , will have a tendency to
widen the scope of these young men who are
being constantly urjed to go west.
It "Uiiriii- Hrriilliilzi-il.
' niliyiRo Chronicle.
The Idea of paj-lnc cssh for signatures for
frontags iiellttonsjlips been elaborated by cx-
Trcasurer 'D'arllej ' ; of Nebraska , who is new
under sentence tor defalcation , but who ha1) )
appealed his , czse. and des-lrcs to get out on
ball. Owing to the heavy amount of ivcurlty
required hoh.afound dllllculty in g-ttlny
the men to at-nfi go.d for him. lie has
adopted the jO.xpcU.Irnt of paying $10- for each
$1.000 bond recurfil. It Is said that in tilts
way nearly the whole sum of the bond re
quired has bcsn collected
and that Hartley
. , . - .
.111 - * - - T * - - -
That la too low a rate for nionr-y lu thcae
To I.nniirnrt > Thrift.
CMcaBO UeecrJ , ,
The establishment of postal s'avlngu banta
would do much to inculcate In persons of
very moderate incomes the hablu of thrill
for which the Ame : lean once was noted.
Many who Ere willing to sacrifice much in
order to lay by money for futura needs have
ben discouraged In attempts st saving by
their experlcnos with insecure banking In
stitution-1. Mtr losing money once or
twice in bank faliurca it Is little wonder
that some prefer to spend their money
lather than piactlre sclf-rt.nlil only to sc <
thrlr savings di.ipated in the hands of
others to whom tlur were lntri ! . = tcd for safe
keeping. The federal government should
Oitabllsh postal pavings banks and thus olTer
to these who deelrc to take on habits of
thrift an absolutely secure place of deposit
for
\0 IMXC-UMIXATIIKV AT ICI.I1XUYK ! . .
If Giiiiniln l 'orsl ( . ThlN Ciniiilry Mlny
Ailopt lli-liilliilm-y Mi-mmi-cN.
Ft. I.oufs Globi'-ncmucrnt.
The Canadian journal , ! which are howling
for laws to exclude American miners from
the Klomlyke gold digglnra ro exhibiting
s : < ino of the Bplrit which has kept their coun
try backward and feeble among the growing
and progrrealvo nations elsewhere on the
continent. Canadians and all other jortn and
conditions of men rushed to Calif'ruin , 1'lke's
Peak and the other cold diggings of the
United Statc.3. They woiked under the same
c.-ndltiona aa Amc.-Iuans ; and miny of them
iimdo fortunf B and went home to spend them.
Laws discriminating against American. ? In
the Klomlyke icgion might provoke retalia
tion In the Ur.lttd States from"which Canada
would suffer. _
SII.VI.H AMI WIIU.VT.
Iliu'i-iit I.VfiitH Iliivt-
S\vi-i > t Away
I'ujloiTJllic A r ; ; mil fills HH In Kudu.
lioatnn Ailvertlier.
It may have benn noticed that the ex
uberant silver orators , who vro formerly
BO fond of assuring the western fanners that
"an ounce of liver would always buy u
bushel of wheat" hava cc6ol : to tak ? any
interest In the recent fiuctaMoi.-i of American
careals. This is very much ( o be rcgretto * ) ,
bLcaiuo thoBo quotations ars- very Intoreatliig
to the fanners themselves Just now. A year
ago a bushel of wht sold at abaut G5 cento
and at pros.ut K U selling at S3 centu. TJiU
adavncp , of coiuce , means a great deal to
fanners generally ,
Now -if there lib any truth or b.iaU of fact
In the Ic4ig-iruotti ! } argument ef ilia silver
mon It Is to hi JYjfpted aB a mattur of course
'
( hat during Ih'c iitat year while wheat ? < ;
advanced about30 per cent in valtio silver
lia.j advanced lu thu Game way. A ye.u ago ,
however , the market quotation on Mlvrr wai
ever cri cents-flit * > uncp" , whtlo the proie.it
quotation Is McJ&'Vhan ' CO cents. In other
words , while wheat lua udvciiced nearly 39
per cent In 12d'3 silver has fa'.len ' 10 per
uent In value. Thu contract U so striking
and 80 slgnlfUunU illmt It acem-i a mattur for
regret that the silver mm should euddfiily
have lost All ' < llj ; Interest in a mutter which
th.y once thoiivht so important.
More than thin the ellver men it will be
remembered , i't ' t lr < J that wheat was selling
t tucli a 1' ' v.prlco becaiifo gold was ao
scarce , According to their argument ( here
wo list enotiif fn ! > d Iji the world tn satisfy
the IfEltlniitt ? . , demands of buslnc.Ti ! . anil
therefore tho'ptrao'ra ' who had the RcM were
practically ab'Tb to'tilctutuprices to the poor
farmers , who had whfa ( or other agricultural
products to ueil. Thin also Is a very In-
'terestlus ' the-ory or line of argument which
was once a fayorjte with the- silver men , but
.which Meres 'to. have been nuddenly and
cruelly ucglfcte.1 by th.m , juut when the
argument Is lllu-ly to attract a go3l deal of
attention. '
In the past two weeks news of great gold
discoveries nave been printed all over the
civilized world. ' .MiHlons of dollars worth of
gold are bslng brought to the United Slitce
from the new g'ld fields and the world'n
stock of gold 1m UIIM been suddenly In
creased. Vet here wii find that since July 1
the prlco of wheat hai advanced 8 cents and
In about 3 we.k the price of fllver has fallen
ns-arly one cent tn ounce. There ls hardly
a elngle Mock argument of the silver men
that has not be n exploded ulnce the la.t
presidential campaign. The developments of
the last few day * have swept away th * last
oJ their formerly pher-shed belief *
KAIIMKIIS AUK IMIOSIMCIIOUS.
rrm1nen , Not Srpiirltlc- .
Davenport nrpubllcnn.
Kuropo wnnls our gold , but this ycai
must tnko our wheat Instead. Thin Is i
most wl'olesomo feature of the pri-fcnl ill
uatlon. Kuropean aid to the stock mnrkc
does not como through buylnc securities
but through buying our product , which litho
the most substantial assistance lh.it couU
be given. Our wheat gos forward for run
sumption , never to return.If our stock !
had gene forward they would have conn
back again at nn Inconvenient tlmo. In nl
probability at a higher range of prices that
they had been purchased ,
In mi Atiiiuhronlniu.
St. 1-mls Olobc-UemivcrRt.
It la an axiom of economics In the Unites
States that when the farmcrn are proBpcroui
the whole country Is prcRpcroim. In 189" th <
condition of the farmers IB better tlmn It wai
before lu half a dozen years. The crops ar <
largo hero and email abroad , which is on <
reason why the Increased homo supply wll
be accompanied by good prices. Anothei
reason Is that the general buslneaR sltuatloi
hero Is Improving steadily and rapidly , am1
this will greatly increase the homo demand
The ono country In the \vorld In which tlu
pc-ttlmlat will bo uu anachronism , for tut
near future at least , Is the United States.
Sure oT KitmniouCrop * .
ClilciiKO Tlmcs-ltcrnld.
The facts show thnt prosperity has conic tt
the American farmer. He Is sure of enor
mous crops , and the prices have been goliif
upHo has more to sell than he had a ycai
ago and he will get better priors for ncarlj
all of his products. The farmer will gel
$100,000,000 more for his wheat than lasl
year , $10,0"0,000 more for his corn , $10,000-
000 more for other grnln and $200,000,000
moro for his live slock a total of : > 350,000.-
000. The resumption of ImHmtrl.il enterprises
all over the country has made a bigger mar
ket for I ho farmer's produnts and stiffened
the prices , nnd n shortage In the crops ol
other countries offsets thu effect of an enor
mous Increase In the crops of this country ,
The season Is BO far advanced thnt It Is pos
sible * to make reasonably reliable estimates
of the crop , and the prices used In tnaklni !
the comparison arc based on arliml sales hi
the open market. The figures show why tlu
American farmer , sure of handsome returns
from his products , is already wlfilng out hie
mortgages , as shown by reports published
recently.
\ < > vr IM IIIN Tlnu- .
Philadelphia Tress.
The western farmer Is already sclllnp
wheat for 70 cents per bushi'l and this wll !
bo the lowest price of the year If this coun
try adoptn fairly shrewd methods In dispos
ing of Its grain. 1 here Is no question bill
that the requirements of the consumlnj
courtrlcs of tht world from us will bo fai
ahead of last year and tint the supply ol
the surplus countries , Russia , India , Aus
tralia and Argentine and oiliurs , will be
Irss even than last year. Tlilo situation has
been apparent for some weeks , but the ac
tual buying of wheat nnd the hurried char
tering of vessels have brought it to the
attention of the general public within a feu
days. This hungry demand Is Interesting al
this ( Imp from a diplomatic as well as c
bushiest point nf view. In ono breath the
vrlly foreigner ! s threatening to otop dealIng -
Ing with us ami In the next ho demands
bread from us to prevent his starvation nc.xl
Inter at better prices than he has pat.
recently. In our dealings with Europe we
sell necessities of life and we generally bu >
of Buropc merely luxuries a strong facl
'Iftheft ' - Is to be International contention
on business questions , The prospect for 'he
grain trade- has surprised and pleased the
countrv as another evidence that things arc
going right now.
IMSI.SOXAI , AXI ) OTII.SIIWIS. . .
The race of the Incoming ocean llnors laai
week to beat Lho Dlngley bill , or rather bcal
thp treasury , was almcat pathetic.
A Hrooklyn man spanked his wife and seni
her to bed supperlrss because slip would no :
obey him. Mr. Mary Ellen Lease never dk
that.
. President McKlnlcy and Mrs. llcK-lnlej
will attend ths wedding of Mlrs KiMocti :
liayc.5 , n daughter of ex-1'rcsldent Hayes , al
tjplogel Grove , O. , on September 1.
On the authority of the physicians tlu
Jersey City boy who swallowed the mottc
b'-tton with "I have troubles of my own'
pilnted on it now has trouble In his midst
A Pcilucah paper having asked Colonel
Wattersou if hrfiid not choke when he
swallowed the sound money platform in thai
state , the colonel responds : "He wrote it ,
you jackass ! "
The Ruv. Thomas Necdham , ovange''ist
who- declared that all the angels are males
! s sr.dly at variance with the vaudeville pool
who proclaimed ? ome years ago that "then
are no angel men. "
There Is an old philosopher , prophet an < :
poet In California who claims that he hr.s
solved the problem of living forever , lit
llvea a hermit's life , rats only ( hie ? times t
week and never expects to die.
Tiiero Is a negro man working near Dublin
fJa. , who says ho Is one of forty chlldrei ;
by one mother. He aaya hto mother wjti
married four times , and gave birth to twenty ,
seven boys and thirteen girls i i North Carolina
lina , , and Jd > et living.
Mrs. Charlotte- Smith of noston , known as
several kinds of a social reformer , has senl
a petition to cciifrrcsa asking for an appro
priation to send 100,000 unmarried women
to 'AUfika. -potltlon of protest Is In ordet
trom the married women whoso husbands
have gone there.
The tomb of Prc-sldcnt William Henry
Harrlscxi , at North 120ml , 0. , Is being re-
ronstruclcd , the brick structure being rf-
placed by ono of blue limestone. There arc
twelve bodies , Including four children , In
the tomb , and vacant receptacles for the In-
ti-niont of others ,
A stern parent at Dover Plains , N. Y. ,
who doesn't wl.ih his daughter to elope with
on ol'Jtloi'iible rullor , has put a deputy
fchcriff In charge of the ycung woman while
ho lu away from home. Go If the youth tries
to break into the lioune , the young woman
will not be the only pemon on the premises
who haa an attachment foi dim.
Santa Ke trainmen vourli for the statement
that 'Frlday'ij ' through California train wan
flagged by certiou mon two mills this side of
Lc-xlngtciu because the mils of the track had
been i-urved by the hi .it into the appearance
of silelsJi runners , the heavy epikes having
been pulled from the oak ties and trown
Into the air by the strain of the bending
rails ,
John Itncon of Kaston , Pa. , has in his
pr.rser jlon a. < ; opy of thu U'c-ekly Museum of
March 4 , 17U7 , In which Is related the fol
lowing anccdntu : "At the conclusion of the
war Ur. Franklin , the I.ngllnh ambassador ,
nnd the Kicnch minister , Vergenls , dining
together at Vrrnalllca , u toast fiom each
wi'3 called for and agreed to. The nrltlnh
miM'ster began with. 'Gcorgo III , who , like
the 5un In Its meridian , spreads a luster
throughout ami enlivhtens the world. ' The
Freiioh mlulMer followed with , 'The ' Illus
trious Loula XVI , who , like the moon , pheils
mild and 'benignant rays on and Influenced
the glob. . ' Our American Franklin then
gave. 'Gcorgo Washington , commander of
the armies , who , llku Jcshua of old , com
manded II'O sun ap'l the moon to stand still ,
und they ofcejed him.1 '
utox i MMISTUV ACTIVI : .
. ( PreHi-nl Hutf , I'riiiliicllon Will Hr
( irrntrr Than li l Vi-ur.
St. 1'uul I'lom-rr 1'reaa.
The shutting down of a few Iron furnaces
during Juno has been pointed to aa an evidence
idence- that the -Iriiis of prosperity were mla-
lead-lug , eluce- the Iron Industry has be.n gen
erally consldcreJ ono of tlm thermometers
of tritde conditions. Even by less extreme
commentatnra It haa been alluded to aa an
adverse. Indication. Thefacta In regard to
the Ircn output , however , expcue the fallacy
of these conclusions. A recent statement
of HID American Iron and Steel association
shows that the production of pig 'iron for the
first six months of this year amounted to
4,403,476 grcoi tens , as against 4,976,336 tons
In the first half of 1896 and 3,646,891 tons In
the accoud half. At thu same rate the out
put for thin year would amount to about
0,000,000 tonx , Ag the maximum output yet
ntt-lned \ cnly a little- over 10,000,000 tons ,
It .hawH tint the furnaces have been more
ihin usually active. The comparison Is only
discouraging when made with the first half
of 169S. Considering the low range of price :
the showing U very good. The recent fur
ther fall Is explained by the existence of ac
cumulated .locks , which will bo quickly ex-
as aoon an the practically assured
revival nuke * tome headway.
' '
-l'
THU cumiKxov sir.ssAtn : .
Cleveland Plain Dealer : The prcMdcnt I ;
undoubtedly rlgnt In asking COIIRFCM to take
measures tor the reformation of our monetary
and the country will thoroughly tn-
him In hU statement that the subject
receive the attention of ioiiKre * al
Itti special atv'filon and that It ought not tc
be potpond until the regular cceuiloii ,
Philadelphia North American ; U msy bt
for the currency message that It merely
requested congress to authorise n nonpartisan -
partisan commission of men well Informed In
finance for the cotiAldcratlon ot * rhn to
simplify the currency. No IcgNntlo"
further was requested. Thp house patscd a
bill authorlzlnc ; the commission , ami the
ficnhto quietly pigeon-holed IV-.K-t was ex
pected. The status quo Is not Changed , there.
fore , only the views of the president are now
of re.orO. i
Huffalo Rxprofs : The currency message
which President McKlnlcy eent to congrc
on Saturday makes It plain that the chlcl
executive la ot the opinion that some changes
In the monetary system arc denlrablo nnd
thnt they should bo made al once. He cay ? ;
"This subject should receive the attention
of congress at It * fipclal soffllou. It ought
not to be postponed until the regular sea-
ctlon. " Dill the president dora not Indicate
the nature of the change * which be regards
ie neccasviry ,
Philadelphia Record : The message wHIl
have a wholesome effect upon the country
It will tend to unify and reanimate the
sound money ranks , and It will be accepted at
homo and abroad as an en rural and a pledgt
that , whatever the financial vagaries of the
senate. tht > executive branch of the- govern
ment , at least , Is sauarely set against an >
cheapening of the dollar of thn people , and
that that dollar cannot be Mexlcanlztd ec
long as Mr. McKlnlcy shall s-lt In the White
House. The senate may Hunk , but the pres
ident Intends to ilo his duty ,
Philadelphia Inquirer : In Its closing ; licnm
the house of representatives passed a bll !
for a currency commission In accordance
with the views of President McKlnley , as
expressed In his special message on the sub
ject. The senate sent the bill to commit
tee and wo shall hear nothing from tt until
next year perhaps not at all. Wo cannel
but look upon this movean a mistake al
thu present time. While It Is true that there
are some things In our currency system that
need mending Is hardly wise to nrJtati
the matter at present , and we- doubt whcthei
any commission will settle the question satis
factorily.
Sprltigflold Republican : Was the presldenl
sincere In all this , or moved merely by his
own -Inaugural words ami by a promise 1'iadc
tn the agents of the Indianapolis ! > iisltH'
men's conference of last January ? Ho had
decided to send in the message two or thret
weeks ago , but republican senators urged
Its postponement. These same senators now
saw they never had any Idea of seriously at
tempting the passage of a commission bill. .
Either the president was aware of this , 01
they deceived him. Anyhow the delivery ol
thu message was put off until congress wa.
bout to adjourn , and then tlie scnaU
shelvrd It with scant courtesy. The pres
ident could hardly have cxpeclcd any othct
result , lie nwnt have been aware ot wlml
would come et this last hour dlspatcli. II
proves altogether to be about the higgcsl
farce ever enacted between president and
congress ,
TUB M-.W TAKII'M' ' I , AW.
AvcomiillnliPN T > v < > PIII-IIO.ICM.
Chicago Inter Ocean.
The McKlnley tariff accomplished two
purposes ; It protected home Industries nnd
made them prosperous , and it provided am
ple revenue. The Dlnglcy law is all but
certain to do likewise. The Wilson tariff
crippled our home Industries , and did not
producenufllclcnt revenue from Imports for
the necessary expenses of government.
K' to I
lloston 1'iut.
Hut , when all Is said , will not this tariff
bring prosperity ? No , It will not. Pros
perity is coming ; there is reason to be-
Hove that It Is close at hand. Jts sprout-
ings are seen on every hand , llut It is
eonilng In splto of a tariff whose only ef
fect can be to make It harder for Industry
to recover the ground lost by the great com
mercial depression.
IH'Hi-r Tlinii UN rr - li-cenKor.
Hosttm Advertiser.
The Dlngley bill Is better , very much bet
ter , In itself and In history , than Its prede
cessor was. The new act is the product of
Influences moro creditable to the American
people. Is more Just to all sections of the
i-ountry , is less subservient tn private ns
opposed to public Interests and wao con
structed on lines vastly more nearly in
conformity to sound ethical and economic
principles. Thi people of the United States
as a whole , arc justly to bo congratulated.
W < > I4 IK Of StllU-NIIlt-ll.
Milwaukee Wisconsin.
Not visionary theorists , but practical states
men , were required to re-establish the condi
tions of American prcsperlty , which had been
dlatrlbuted by the meddling folly of
charlatans , beginning with -Bland In 1S7S
and ending with Wls.n ! tn 1S94. Practical
statesmen , representing the policies which
have been Identified with American prosper
ity In the past , were placed In control of
affairby ' the suffrages of the people In 1S96.
1'he new tariff I ? the first reward of the
popular wisdom exhibited In that election.
The next reward will be u. measure of cur
rency reform.
\ot lli < - Only Kmtor. .
ItoFion Ululje.
And Irt It flnit of all be kept In mind that
nobody's tarllf bill can cither make or un
make thu vast promise and potency of this
grand republic , teeming with natural wealth
and possessed of unbounded push and enter
prise. Wehave - had good times under the
luwtHt tariffs and under the highest. The
Integral factors that make for prosperity are
ultimately beyond the reach of all tariff
tinkering , however much it may at tlmivj
disturb the regular course of business. U
is now the part of every patriotic American
10 tiulze hold of some spoke of the chariot
of Industry and trade and lend a- hand to
starting It , Once out of ILs temporary ruts
11 I * Huro to inovo and make up for lost
time.
ClliniiY of III * Cnrei-r.
Sprlncllcli ] Republican ,
The climax In ths career of William Mc
Klnley waa reached when he signed
thu tariff bill. If the Ideas
embodied In the measure hive been the
making of him aa a president of the United
States , it U nune the les * trub tint to him ,
quite as much a/i to any man , belongs thla
renewed triumph of the extreme protective
policy. The ambition of the candidate was
attained at the polls in November ; the higher
presidential ambition to stamp Into the
statutes of the nation . these policies for
whtch lie stood and by which alone his ad
ministration can hope lo bo disHngnlifhei !
and remembered for hotter or worae Is
now achieved wlttiln five .months of the
Inauguration.
ICNlllllllMlll-H II I'ri-CM-lll-llt.
lluffulu ixprcB3.
Moro than a year will elapse before It can
become an l-suo In a national election , Ily
that time Its effects can be judged In the
light of actual experience and not by vague
fears , partisan anger or demagogical proph-
Koyul make * the food pure ,
wholciome and delicious.
Absolutely Pure
HOVAI lAKiiia rowD.R co. , KIM IOM.
eclro by politician * whose hopes of office ll
In Its defeat. As a conarquencoIt may b
doubted If the Dingier law r-vcr became * a
polltlr.il Isflue , except as republican * proudly
refer to U as an evidence of the wisdom of
republican ruleIt may bo predicted alao
that the method by which the McKlnley ad
ministration has early got KH leading policy
enacted Into law will bo Initiated by future
admlnlstratlms elected on legislative lsuc-i ,
Thus U may bo said Umt n practical and rad
ical change In our legislative methods lias
been brought about.
Wo Slinll Soon Srr.
riillntlclr-hln North American.
The object of the DliiRley tariff waa to
adjust rates for ( ho equitable protection ot
American Industry and the production of
revenue. In the opinion of Ife advocate * this
object has been attained to n greater extent
than l < i any of Hie tariffs ot the pnst. In Iho
opinion of Its opponents , the measure will
glvo nellher protection nor Increased reve
nues , As no man can reach forward nn\\ \
grasp the course of events , these dlftrrliiR
opinions will have to bo adjudicated by
actual experiment. The excessivelinporta -
UMIS to avoid thp new duties will , of COUMP ,
affect the rnvpnurs for a few months , Hut
we ahull coon ROO whether ( he bill will nut
give lh.it Impetus to Industry which will
cause a resumption along the whole line. Wo
awn It the event.
PASSIXU IM.r.ASAVl'llII.S.
Detroit T-Vee Press : "How long1 since
Ilrokely sottlud iluwn here ? " naked Iho
stronger In the town.
T don't know exactly. " answered the
ctocvr. " but 1 know ll'si nlgli onto twenty
vi-\rs since lie settled up with me. "
InillaunpollH ,1ourni\ ' . : ' "There , " paid the
voluminous contributor "are some gemst of
hcught. "
"Yes , " replied the editor , us IIP ronelml
for his blue pencil , "but they're unrut
noston Transcript : Gilgson It was great
fun stilting thennnd pas ing ; remarkn upon
( hi- people us they came In.
Sarlon Ah , lull , talking of fun , you should
have lira rd the iv murks of some of the-
people after you went out.
Detroit Krrc Press : "Why thl < Hlfiii not
to touch thlsi particular nlt-eo of statuary
with c.-ineH or umbrellas ? " usked n visitor
at thu art e-xhlblt.
"Uocuuse , " Knapped n competing nrth't ,
"you coulil on'.y < lu It ju * > lli-e with an nx , "
Chicago Post : lie hul : lie-en nrgulnpr with
the HPiiator for sump tlmo , but without
making niuuh pi-ogres' " .
"I don't lii-llevp you're oprn to conviction ,
senator , " ho salil at List.
"Oh , I don't know , " answered the law
maker. "Wlint'a your bid ? "
Washington Star : "Do you menu to ti-ll
me thnt you luxve found a large number
of men who are willing to put nil llu-y
possess Into n common stock , ami share
alike ? "
"Certainly , " replied thu socialist. "Why
not ? Tlicrp Isn't one of them who has a ,
cent to his name. "
Indianapolis Journal : "only one ulti
matum this morning , " reported the. under
ling.
"Something must be tlie matter with the
mil IN , " unlil tin : sultan. Then Ills swart
cheek paled as an lile.i struck him. "Can
It be possible , " lie asked in nisei r , "that I
am cutting unpopular ? "
De-troll Free Press : "t assure you ,
in.-ulam , " paid lie , "thnt I would not bo
begging my hroail from iloor to door If I
could lint procure employment at my pro
fession. "
"Poor man , " replied the good woman , ns
she handed out a plo , "whut Is your pro *
session ? "
"I am an airship pilot , madam. "
I11-HT1IA'S CO.11 11.
ClilcnRO Itcconl.
Dear northa' * tinlr Is golden spun ,
As If unraveled from the pun
In brightest noon , and clinging there ,
In llcrtlia's hair , n tortolso comb.
An olden conili hlsh crowned and spare ,
Hec.-ills n dear old-fashioned home-
Anil Itertlm's mother , young- again ,
Makes me the happiest of mien ,
Dear northa's looks are wayward tilings.
And flutter like tlio llos-ay wines
Of humming-birds around a llovver ,
And Hi-rtnn'5 words are like a HOIIB
I henrd long since In yonnp love's bower ;
And now a youth , who dallies lout ;
Heslde her chair , with gesture neat.
Picks up the comb from near her feet.
Ah well ; the wheel of tlmo hns whirled
And llertlia's world Is not my world !
Hut that yciuiiK man , xvho bends the knee
And lift ! ' the b.-tublc from the Iloor
In iMshfnl hiiste It sterns to me
That 1 have s-ecn that youth before ;
For Dertha's mother's comb , I kno * .
Knthrallecl me thirty years aio !
A real opportunity
is not to be lostin these
days when so much ,
shoddy is being'slaugh
tered' and such stacks
of "stuff" are being of
fered for half the ac.
tual cost , to the bewil
derment and befool-
ment of the public.
.
Here is a real op
portunity It is approaching
preaching that time
when it is desirable to
reduce our stock to the
lowest point It is bet
ter to sacrifice some
thing in profits than to
carry over too many
goods to another sea
son
And thatis why we
are offering a lot of
suits for men and boys
at prices away below
what we ought to get
for goods of this qual
ity ,
Our guarantee with
every garment.
KING & GO ,
8. W. Cor ,
IBtb anU
6U