Omaha daily bee. (Omaha [Neb.]) 187?-1922, October 26, 1905, Page 2, Image 2
THE OMAHA DAILY BEE: THURSDAY," OCTOBER '(?. 1!K3. TELEPHONE 604. w e even la ear new store Meats y, Ort. HO, at fliAO . ai. 1 Our store -will be closed Thursday, Friday and Saturday. We open Monday morning at 8:30 in our new store, located 'n the new retail center, Howard and Sixteenth Sts. The gentlemen, as well as the ladies, are expected to come. JHOM P5 ON. fiELD EN &.fiQ tenant Governor John P. Lee. 1'nlted States Senator Retry and Clark and General Powtll Clayton,, former tniUd Slates ara Imaeador to Mexico, were mong those oc cupying seats of honor. Judge V. M. Rose of thl dir. former president of tha Amer ican Der. association. Vli presented by the toastroaster. President Rogers of the Board of Trade, to deliver the. Opening addreaa on "Tha president f tha United 8tates." In hi addreaa President Rogera eald that President Kooaevelt had' proved himself the prealdent of no political Prty. but the prealdent of erery man, . woman and child under the protection of the American nag. The president himself led In the applause which greeted the remark. Tha prealdent was given a great ovation aa he arose, to respond. . . ........ rnllowlhg thla Lieutenant Governor John P. Lee responded to the toast, "The Stat of Arkansas.", -At g.M the presidential party began th trip to theRoek Island railroad station along a route which was lined with people. The special train left for Memphis promptly nt 4 p. m r hart Stoat at Memphis. MTEMPHIS. Tenn., Oct. 2. President Koosevelt and his party arrived her to night at 8:30. The president's Itinerary did not Include a atop here, .longer than was necessary to switch his cars to the Illi nois Central;, the. orglnal program was that he .. would att once proceed to New Orleans. These plana were somewhat modified when a large crowd of cltlsena appeared at the Calhoun street depot and loudly cheered the president and called on him for a speech. The president acknowl edged these greetings and proceeded to a hastily Improvised stand, from which he made a short address, dwelling on what constitutes good cltlsenshlp. Several members of the president's party left the train here and departed for Wash ington. The president, Secretary Loeb, Surgeon Oeieral Rlxey and John A. Mc Ilheny left for New Orleans over the Illi nois Central at 1:60 o'clock. , Kew Orleans Is Ready. NEW ORLEANS, Oct, M.-Showe'rs were predicted for New Orleans with the prob ability of cooler weather tomorrow. The outlook therefore Is for a- successful re ception to the president, whose visit is re garded a having largely contributed to the early removal of quarantine restrlo tlons. OUTPUT OF PACKING HOUSES Small Gala la Receipts of Hogs as Compared with the Previous Week. CINCINNATI, Oct. 25. -(Special Tele gram.) The Price Current Says: There has been a small gain n the marketing of hogs the past week and quite an Increase over the corresponding week last year. The total western packing was 80000, compared with 430,000 the preceding week and 385,000 last year. 8lnce March 1 the total la 14,370, 000, against IS. 080,000 a year ago. Prominent places compare aa follows: 106. 1904 Chicago Kcnsa Cltv . South Omaha 0t. Louis St. Joseph ... Indianapolis . Milwaukee .. Cincinnati ... Ottumwa .... Cedar Rapids Bloux City ... St. Paul ...... Cleveland .... ....3.440.000 4.0W.0OO ....l.,000 1.S15.OI0 ....VSfio.oon l.aioono .'...i.orio.imo 1,106,000 ... .1.073.000 870.000 .... STI3.0U0 .... ftS.OOO ...i 872,000 .... 34O.000 .... 273.000 .... 693,000 .... 475,000 .... 376.000 38,000 4R(.(10 Jrti.ono 390,0)0 Sfti.ojO 246.000 40.0il0 385.000 Dispossessed. A tenant which Is quickly dispossessed hy Dr. King's New Discovery is a cough or -old. to cents and $1. For sale by Sher man 4-. McConnell Drug Co. Stockvlll Wants a Railroad. STOCKVILLE, Neb., Oot. 28. (Special.) A meeting of the leading cltlsena of Stock vllle was held laat evening to organise with reference to a railroad.' . It' appears that a Kansas company la planning to put a tine north from Great Bend, going through Beaver City, Cambridge and up the Medicine creek through Stockvllle and Curtis and north ' through North Platte, Neb. A committee was. appointed con- Headaches d 4 mm aw srl Th most sever head aches will field in a fw ,-J miaates to Bromo-Lss t contains no uuinios). on't suffer any longer. litt a bos today ask your druggist for the Orinri Colored Boa flHROPO-LATf LaJaJ OONTAINS NO QUININEaw V Alldnuigitli. ix.ot by mail. Utile Things Essential f"kW .12 There are quite a number of little article belonging to baby wardrobe which are quite necenaary to baby's health and comfort. We are better prepared to supply baby's needs now than ever before. x Babys' Knit Leggings All wool knit drawer laggings, with ft In black and white. XUr at $1.00 and OOC All wool knit drawer Leggings, with out feet. In black and while, at $1.00. 85c and OUW Wool fleeced Jersey Drawer Leggings, In while, brown and black, s tiH alaes 3 to t years, $2.26 and... Knee length knit Leggings, in black, whit and red, alses 1 to 6 2 Or" years, ISc and Baby's Mittens All wool Mituns. in whit, pink or blue, (or 36o, 3uc and. 15c Fine silk and wool Mlttena, In white. pina or blue, wun single or 4 double wrist bands, 46c, 3&o & . w Pin all silk Mittens, In at 76o and A... hll 50c Baby's knit silk Palls, at &0c and 30c Write for illustrated catalogue. as I! BENSON ÞES m w ar m w m mm a BEE, OCTOBKR 25. 1W3. ON ACCOUNT of MOVING slstlng of John C. Gammlll. Loyal M. Gra ham, James A. Williams, John L Banders and Richard D. Logan to meet the engi neers at Cambridge," who will make a pre liminary survey on the proposed route In the course of ten days and show them the best route. The parties having the matter In hand are confident that a road will be built In the near future. Data as to the resources of th country has been collected for some time by those Inter ested In the project, ..' . CATTLEMEN ARE : YIELDING Ranarrs Oradnally HemeTln Fences la Compliance with Orders of lacle Bam. "We are constantly In receipt of com munications from the cattle and ranch men saying the unlawful fences are com- Ing down." said District Attorney Baxter I Wednesday. "We have received two or three such letters today, and It begins to look as if a majority of (he illegal fences will have to be removed before the as sembling of the November term of the Ur.lted States courts. The cattlemen have come to realise the fact the government Is In earnest and I am disposed to think but few of them will care to fRCe a trial. "It is discretionary with the attorney general to push these cased to trial, and of course no prosecutions will follow where the orders for removal of the fencoa are compiled with. The government lias no disposition to persecute. "In the cases against Bartlett Richards, Collins and the Standard Cattle company, where they are charged with conspiring with the Oregon land fraud parties in buying fraudulent relinquishments of pub lic school lands in order to apply them on land filings in Nebraska, they will be given "until December to answer. "Nothing new- has yet been heard of the Lambert case. In which Lambert Is wanted here for subornation of perjury In certain filings of soldiers' homestead claims and who is resisting extradition from Oregon to Nebraska. Register White aide of Broken Bow Is now at Portland, Ore., to appear before the United States commissioner there aa a witness in the case against Lambert." Battleship on Bollder' Trial. Qt'INCY, Mass., Oct. 26. The battleship Rhode Island, constructed by the Fore River Shipbuilding company, left the com pany's yards here today for Its builders' trial The Rhode Island will go direptly to Provlncetown and will be given standard ising testa on the government's measured mile course off that point. Later it will proceed to Rockland. Me., for further teats along the Maine coast. TO Cl'RE A COLD IN OKIE DAT E. W. Grove's signature is on each box.SSe. Take - Laxative Bromo Quinine Tableta Druggists refund money if It Jails to cure. FORECAST OF THE WEATHER Fair Today and Tomorrow la .Ne braska and lown Colder la West era Nebraska ' Today. WASHINGTON. Oct. 25. Forecast of the weather for Thursday and Friday: For Nebraska Fair Thursday, colder In west portion; Friday fair. For Iowa Fair Thursday, warmer In east portion; Friday fair, colder in central and east portions. For North and South Dakota Fair and colder Thursday; Friday fair. luteal Record. OFFTCE OF THE WEATHER BUREAU, OMAHA, Oct. 26. Official record of tem Derature and precipitation comiard with the corresponding day or the last three years. vn. in, isoa. lyuz. Maximum temperature.... 68 62 M 78 Minimum temperature.,.. 38 86 44 63 Mean temperature 47 44 65 66 Precipitation 00 .00 .00 T Temperature and precipitation departures from the normal at Omaha since March 1 and comparisons with the last two years: Normal temperature 49 Deficiency for the day , 2 Total excess since March 1, 1906 427 Normal precipitation 07 inch Deficiency for the day ... 07 Inch Total since March 1. 19T 44 Inches Deficiency since March 1. 1906.... 8.32 inches Deficiency for cor, period 1904.... 3.67 Inches Excess for cor. period, 19U3 1.68 inches Reports from Stations at T P. M. Station and Stat Tern, of Weather. 7 p. m. Bismarck, clear ..65 Cheyenne, clear 62 Chicago, clear 44 Dnvenport,' clear 44 Denver, pt. cloudy 62 Havre, cloudy 46 Helena, cloudy 44 Max. Rain Tern, fall. 70 T 60 00 44 00 60 00 70 00 64 00 62 T 60 00 66 00 72 flu 63 00 68 00 64 12 68 T 66 00 68 00 64 T Huron, pt. cloudy 66 Kansas City, clear North Platte, clear Omaha, clear Rapid City, pt. cloudy.. St. Ijou.1s, clear.. St. Paul, cloudy Bait Lake City, cloudy Valentine, clear WilllHton, cloudy , ...63 ...64 ...63 ...60 ...50 ...44 ...6i ...68 ...4 r di L. A. WELSH, Local Forecaster. to Baby's Wardrobe Stork Goods Btork catch-all bibs, Just the thing for baby at the table, 50c Stork Diapers, laoe trimmed, en. small, medium and larga, at... Stork Sheeting, heavyweight, 36 and 64 inches, lift at $1.60 and I.UU Cloth Diapers Shaped knit Diaper, edgs bound ready for use, at 26c each, or, y ci t per dosen 0 Our famous pin less Diaper, come In inrtt sue. I in I dux, at, per box ,., Ask to see them. 1.00 Table Bibs Oilcloth Bibs in whit or colors, at 10c Table Blba mad of heavy quality ducking or fleeced back g maierlal, at. each, j and....OC Eattag Bibs, with sleeves. r whit or blue, at ew and OOC J MUTUAL WILL INVESTIGATE Dirsotort of th Company Will Look Into Metbsdi of th Offlosrs. DIVIDENDS ESTIMATED, NOT CANTED Distribution of Profits to Policy holders Depend I boo J aug ment of Aetaary, Say Mr. McCllntock. NEW YORK. Oct. 26.-More startling than the testimony before the legislative com mit te Investigating the methods of the In surance companies to-day was the an nouncement by President Richard, A. Mc- Curdy of the Mutual Life Insurance com pany that a meeting of the board of trustees of his company had been appointed to In vestigate the company and Its methods. The members of the committee are: William H. Truesdale, Effingham B. Morris John W. Auchincloss, ail prominent In the financial and business world. This ac tion was taken at a meeting of the board to-day and waa a result of the Insurance Investigation. The matter waa brought be fore the board by Mr. McCurdy and the committee, will begin work at once. Eqnltable Net Receipts Increase. A still more important development was the statement issued to-day by President Morton of the Equitable Life showing that the receipts of that company for the nine months of this year exceeded th expendi tures by flrt.723.lH7, an increase of over $500,000 compared with the same period last year. Receipts from premiums on policies for the third quarter this year were over $1,000,000 less than 1904. The expenses of the third quarter of thla year were $839,918 eM tnan laBt yar but for the flrBt ilx months there was an Increase over last year of $414,943. After an entire day given over to exami nation of Emory McCllntock, actuary of the Mutual Life company, and to the read ing of column after column of figures, the legislative committee adjourned until No vember 8, the day after the municipal elec tions. This extended adjournment was taken to enable the commltttee who are candidates for re-election to, the assembly to meet their constituencies and conduct their campaigns. McCllatock oa Dividends. . The testimony of Mr. McCllntock was of technical nature. A number of his ex planations brought out the fact that his Ideas were In many respects at variance with the established methods of Insurance companies, and that of his own company In particular. This was especially apparent when the subject of deferred dividend poli cies were being Inquired Into. He said the word "deferred" waa ambiguous and misleading, as it implied that dividends were accumulating or were paid at the end of each year. The company, he said, re served the right when It wrote a policy to say what amount should be apportioned at the end of each dividend period. Mr. McCllntock also aaid he was strongly in favor of limiting the amount of business a 'company should write. He said an at tempt had been made to come to an agree ment with the New York Life and the Equitable to limit the amount of business done by each company to $1,000,000,000. This was finally Increased to $1,600,000,000, but James H. Hyde of th Equitable first de clined to enter the agreement and then George W. Perkins of the New York Life objected. Mr. Hyde's reason waa his am bition to make the Equitable the largest Insurance company In the world. Mr. Mc- Cllntock thought a law limiting the amount ! . of business would be a good thing and felt sure the Mutual Life would tender. Its sup port to such legislation. - These views are contrary to those ex pressed by President. McCdrdy of the Mutual when he was on the stand. Mr. McCurdy did not think that any company's business should be limited even at the point when that business failed to be profitable to the company. ' Mr, McCllntock also thought that a law compelling the declaration of dividends at stated periods would be unwise; Dividend Are Estimated. As to the method of computing the divi dends that should- be paid on a policy he said the apportionment was made upon his Judgment. It was not a matter of accurate calculation, out was oasea on me experi- ence of previous years. The Interest esrned by the company or the increase in the mar ket valuation of the securities held by the company, Mr, McCllntock said, were not taken Into 'consideration in apportioning these dividends. He said that in 1903, when tho dividends were reduced, the market value of tha company'a securities had de- creased. In 1904, however, the securities ros in vaiue so mm o.wu.uw. ioi oy me decrease the year before, were regained and $1,000,000 In addition. The dividends were not Increased for 1904, yet they were not cut. He wax still on the stand at adjourn ment. ' Ilttl'R ANCE QlEsTIO IS PRESENTED Connectleat Board of Trade Heara Report from Its Committee. HARTFORD. Conn., Oct. 36. At ?i meet ing of the State Board of Trade held here today the report of the committee of under writers on the proposed federal supervision of Insurance was presented. The report says that the occasion for present action on the matter is due to a letter upon the subject from Senator Dry den, asking for expressions of opinion and answers to his inquiries. The report says that it is conceded that federal supervision of Insurance run be accomplished In but one way, namely, by a constitutional law declaring Insurance to b commerce; and also, that If Insurance is not commerce, congress has not xwer proposed regulation of power rests oti these pruuuBiiiuiia The report continues: It is sought to establish federal control of Insurance and to tak the chances on the constitutional quemtlons. through a bill In the next congresa, modelled on ihe Dry den bill of th lust sexslon "with UkIu modifications;" that is, through an nmend- m.nr nt Mn met to eStatillHh the T),nu rlnint of iJibor and Commerce; adding to the anncej.fljrChli;,ofh; division to be called the division of Insur. a nee and following in general lines the powers and duties that already obtain In the legislation of various states aa to su- pervlalon of Insurance. In oud belief, all these proposition.! are theoretical; they rest on Inference and con- all await demonstration. Thev are 11 confronted by aerioua . oh. t among them Is tho con etaclea. Chief among them trolling fact that In a series of dui-Uions the supreme court of the United fUate has declared and affirmed that lnaurrinve la not commerce. FLURRY ON C0T70N MARKET Government Report on Cotton binned Crentea Considerable Excitement la New York. NEW YORK. Oct. a.-The report of the census bureau Issued today giving the amount of cotton ginned to October It aa 4 40,7 bales, against .417.S91 bales to the same date last year, caused sensational fluctuations In the late session of today's cotton market. Before the report waa Is sued the market had been very nervous and unsettled owing to rumors that the report would show fully $.000,000 bales ginned and prices Just before the report wss Isvved showed a net los of about 1S'20 points, with January selling at 10.S3C. THE V A 1.1 10 Of CHARCOAL. Few People Know How I sefal It Is la Preserving Heajtk and Reaaly. Nearly everybody knows that charcoal Is the safest alid most efficient disinfectant and purifier In nature, but few realise Its value when taken Into the human system for the same cleansing purpose. Charcoal Is a rertiedy that the more you take of It the better; It is not a drug at all, but simply absorbs the gases and im purities always present in the stomach and Intestines and carries them out of the system. Charcoal sweetens the breath after smok ing, drinking or after eating onions and other odorous vegetables; ' Charcoal effectually clears and Improves the complexion. It whitens the teeth and furthtr acts as a natural and eminently safe cathartic . It absorbs the Injurious gases which col lect In the stomach and bowels; it disin fects the mouth and throat from the poison of catarrh. All druggists sell charcoal In one form or another, but probably : the best charcoal and the most for the money la In Stuart's Charcoal Losenges.'. They are composed of the finest powdered willow charcoal and other harmless antiseptics in tablet form, of, rather, in the form of large, pleasant tasting losenges, the charcoal being mixed with honey. . The dally use of these losenges will soon tell In a much Improved Condition of th general health, better complexion, sweeter breath and purer blood, and the beauty of it is that no possible harm can result from their continued use, but, on th contrary, great benefit. A Buffalo physician. In speaking of the benefits of charcoal, says: advls Stuart's Charcoal Losenges to all patients suffering from gas In the stomach and bowels, and to clear the complexion and purify the breath, mouth and throat; I also believe the - liver Is greatly benefited by th dally use of, them, they cost but 26 cent a box at drug stores, and although In some sense a patent preparation, yet I believe I get more and better charodal In Stuart's Charcoal Losenges' thaa In any of tbo ordinary charcoal tablets." Inside of ten minutes after the figures were published January shot up $7 points to 10.70c, and eve it with th highest point of yesterday morning. The market was feverishly excited 'with aborts active buy ers and longs taking on fresh lines on small crop theories.' Of! th bulge leading bears became very aggtesslve, however, and the market reacted almost as rapidly a It had advanced." NEW ORLEANS, Oct.' 25.-Wben the re port of the census bureau' Was read show ing how muoh cotton hall -been ginned up to October 18 pMres shot tip 4483 points higher than the lowest- 6f the day, or as much as $3.16 per bale' "December, at 1:10 p. m., was 10. fce; January, 1.0.74c, 44 points higher, and March. 1030, 63 points higher. The report effectually controverted the false report sent out earlier in the day. NTICHAELSEN COMES BACK City Electrician Make Reply to Statements of Fire laaarance Inspector Beckon. City Electrician '.MIchaelsen has come back at Insurance. Inspector A. G. Beeson with a statement defending his position and declaring he Is In the fight for lower fire Insurance rates t etay.t He says:' 'Aa to the stand; I have taken on Insur ance rates, nothing But facts and figures can nnr my lvlfci Jt I"aW'r of th" "ert tn'P,r'a",(.tw - ! c,t,"n atonal. n,4 M. tlhi, T " I, . . 1 S to Ignore th, enentM -I ahall thereby In vite, then I clajmno respeotable cltiaen has m shadow -of .'rtght to ' question my mm Ives. v- V,.;- . "To Illustrate tU eslsttpg '.conditions let me say: The rats of A certain risk car ried by the,' trust"! companies In', this . cjty has for years bein . 73 rents. Improve ment, after improvement was made to re duce the' fire, hatardi' but every time the companies were -.asked to reduce the rates they found some,. nw suggestion for add!' ttonal ttnprovenirnt; t,o waj-rant further der lay in reduction. -Ater getting thoroughly tired of working ud spendlrtg money for the oroflt of the insurance' coanDanles with. out receiving any JbenefH! for himself, the ' insured bad his. policies cancelled-in the i tru-t companies an, placed his Insurance with mutual companies at 18 cents! After this was done th trust oom"anles havs 'scaled' their prices, and brought about a material reduction Dt rates., with a view of 'catching the business' for Hjext year. "With a full knowledge Of th above and other matters, pertaining to Insurance, am I a crook, a corporation tool, a scoundrel I OP a 'hogwasher,' when I start In earnest to advocate relief from excessive . fire in surance rates for th citizens of Omaha? "At to the statements and quotations In some dally, papers of ft year ago, vlx: that I was attacking the light company and protecting the lllegl procedure of the street railway company as wall as the state ments of th present, which perchance happen to be exactly the opposite, I feel at liberty to say: I never was and don't believe I ever shall be owned by any in- ' dividual, public service corporation or In surance trust. Whether or not I remain In the position I now have the honor to hold shall on my part be entirely left to the Judgment of th people I .serve, but whil OAS FROM PASTE When I'sed aa a Food Is Bound to Make Trouble. Th average cereal food, as frequently prepared, - forma a . paaty, gas-generating mass in the stomach, which gives the di gestive apparatus considerable trouble and i .g write, from Trenton. N. J., to tell what It did for him.. . "1 lived in a boarding house for three years before I was ruarrtd," h says, "and every blessed morning there was sup plied me some sort- of cereal breakfast food, which I ate simply because I bad i Iimii trained ' to eat what waa set before ! r rK cuw,r,y rtUt ny ! of It. ' It used to lie heavily on my atom- I ach and within An hour fUl me full of gas, making m very uncomfortable. At last '. . . .k! , thla sort of thing brought on a serious disturbance of my dlf estiva apparatus, with oaa of appetite, and in tim I ,iad to go undr he o010 ar. Ha put me on a diet of milk and toast. which in a week or fwd lost me 1$ pounds in weight. I had a package of Grape-Nuts food in my room, which I bad bought aa a matter of curiosity, but bad never opened. When I finally tired of milk and toast I thought I would try Grape-Nuts, without any expectation that I would like it, think ing that it waa probably similar to all the rest of the prepared foods. "I liked it with cream from, the start, however finding It entirely different from anything else that I had ever eaten, and Indulged In It freely. In one week (I aay It on, my honor) I regained nine pounds in weight and the Grape-Nut gave me the power to digest other kinds of food. It put me on my feet in a few days and now is and .always will be a regular food item in our bouse. My only trouble is to keep my wife from eating too tauch of it, she Ukes It so well." Name given by Postum Co., Battle Creek, Mich. There's a reason. Read th little book, "Th Road to Wellvllle," In each pkg. I hold It I shall serve the people and the people" tmli". I anl' fortunate enough to have a pro fession, by which I for twenty yesrs hav been able to support myself and those de pendent upon me In as good and sometimes better manner than my present salary per mits. For this very reason I look forward to a bright future with expectations that I may never have to depend on pol'Ucs or charity for support. During the re mainder of my term "as city electrician I do most sincerely hope the good people Of Omaha will so guard their remarks as to show that they realise that there ought to be a difference between a city officer and a city prisoner." SHAW ON MERCHANT MARINE (Continued from First Page.) were heartily applauded. lie said that most of us were not engaged In philanthropic or missionary effort, but to reap the rewards of our toll. Society In its primal elements was but an organisation to promote private affairs, and that the principal aim of gov ernment was not so much to protect people as to Insure them - In their possession of their personal rights. It Is the duty of every man to live aa well as he can. and the speaker digressed to take a shot at th men and women who neglect their homes to travel on reform missions. It Is the right and duty of a business man to carry on his business, to mak as much money aa he can without doing Injury to his neighbors. He declared that he did not bellev a millionaire waa a hostile element In ft community necessarily, nor a persAn to be always used as a horrible example for th youth of the country. The fact that a man possessed a million does not necessarily mean that he has lived ft life of crime, and he believed that a man could accumulate any number of millions honestly because we have s'uch instruments ready at hand to make It possible In this day and age. .:. .Mr. Sherman took the position that ther was nothing hurtful In ft corporation In Itself. There were gootl and bad corpora tions, just as there are good and bad men. He deplored the sectional animosity that the west displayed toward the east be cause of the disclosures of corporation ras cality In Wall street. New York, and La Salle street, Chlcagd. He said that the west had sold the east about as many shares' of mining stock as . the east had disposed of watered stock In corporations. The only difference was that the eastern people "didn't holler when they got hit. They 'kept quiet. It hurt just as bad aa you felt, but It was internal," he said. Just because one man In a community Is ft horse thief is no reason for calling every resi dent a thief, and just because there was one lawless corporation In a town gave no cause for calling them all law breakers. Do Not Destroy Corporation. The apeaker insisted that we ought not to destroy the corporation. Simply reduce Ik to a law-obeying basis. Railroads ar necessary agencies. Every shipper Is en titled to an equa' opportunity. The roads ought to be open to every man on equal terms. He did not bellev much in legis lative control. State legislatures, he said, were the weakest branch, of government and the least to be trusted and he had been ten' years ft member of one. Control bit therii was Ineffective. . They responded to ground swells, but their energies were spasmodic. Courts were created to settle all differences, and they can settle this question. Carriers must submit the ques tion of reasonable rates and rebates to shippers. He was against government ownership. . ' He said that his way would be not to de stroy these monopolies, but to treat them as' monopolies,. They are the development of, .competition,, of the . operation of the laws of nature, and Can't be crushed out, fta maHy deWiand." " "I think they will become more and more monopolies. I ' believe that the railroads wlir get still closer together and control be more and more centralised. I look upon this as Inevitable, and I think they should be so treated. Let the government treat them as monopolies. There is no socialism there. Regulative monopoly must be the metfiod of the future. . Compel them to furnish service at reasonable rates or fix a" maximum of' charges, just aa you do fpr your municipal monopolies. ' This is not socialism,; but one of the purposes of gov ernment.'' This afternoon Chancellor Andrews spoke on what better knowledge of agriculture and It application had done for Nebraska. . Wattles oa Loan. O. W, Wattles of Omaha spoke on "Safe Loans." His address was delivered at the morning session. , He said in part: The greatest problem which any banker has to solve Is how to make safe loans, Bliow me a bank where the loans are clean and good and I will show you a successful . Institution. The losses on bad loans during ; the last business depression will teach a I .... V. 1 1A.AM . t V. l.mn,.m . V, I ture. Perhaps the greatest losses came to j tne city Dana inrougn loans secureu ai rectly or indirectly on city real estate. Other serious losses were made by granting excessive loans to new and untried buai nees ventures, which did not have sufficient capital behind them.. In their anxiety for business banks granted to customers what was known as "lines of credits," which means that banks agreed to loan certain 1 amounts to business men, which they could ; invest In their business as capital, and I which they would not be called upon to pay back for an indefinite period. This fruitful source of loss Is still practiced by some banks, but must be discarded by the banker of the future, who must loan his depositors' money for the temporary needs of business only, and never to a borrower who must go out of business to pay it back. There are many business men in th west today who are doing too much business on their capital invested, and what they need is more paid up capital stock, not mora borrowed money. No Gueaslna; Now. But how is the banker to know the finan cial conditions of his customers? He may have been able to guess fairly accurately in the past, but we have passed tt6 sge of guesswork, and he must in the future act only on knowledge. A business man who will not dlBcloaa to his banker an accurate statement In writing of his finan cial condition will not be able to borrow of the auccessful banker of the future. An honest man Is never offended when requested to show his hooks to the. banker and to furnish him with all necesstry In formation from which he can act with knowledge. A business man has no right to expect his bank to take a business chance. A banker has no right. Wal or n oral, to knowingly take chances with his depositors' funds. The banker of th future will require borrowers to maintain balances which will Justify their loans. He will require collateral In all caa-s where the condition of the borrower Joes not warrant credit without, or where the bor rower is acting as trustee or custodian for others snd borrows for tha btmellt of his clients or customers. Among ih latter may be classed banks and bankers who borrow for the temporary demands of their depositors. He will assist the borrower and the borrower will anslai himself by se curing such chanres in the laws of tha stat aa will make It possible to plrdee grain and other rarm products aa security for loins, for all our people mus .oon learn that the better h security and Hie more strlntrent the collection law, the lower the rate of interest will be. Perhaos I he best security for loans In Nebraska is grain and other food products. These commodi ties ran always be sold for cssh, but as yet eur laws ar imperfect in th manner of pledging the products. . haw Oaest at Laacheon. Secretary Shaw was tha guest of honor today at an Informal luncheon given at the ! Lincoln hotel at 1 o'clock by Collector of Internal Revenue Elmer . Stephenson. Mr.. Stephenson had invited a number of gentlemen to meet th secretary, who in bis rapacity as head of the Treasury depart ment, represents the administration. Aside from the guest of honor and the host, there were I'nlled State Senator Burkett, Governor Mickey, Mayor F. W. Brown, Hon. N. V. Harlan, United B La tee district attorney for Alaska; Hon. W. P. Warner, chairman of the republican atata committee; I. M. Raymoad, S. H. Burn- APENTAj. HUNGARIAN NATURAL APERIENT WATER USES. ' For occasional or habitual constipation. As a safe, ordinary, and gentle laxative. To relieve the kidneys. In bilious attacks and disorders of the liver. For improving the complexion. Jor persons inclined to inflammation, congestion, and gouty or rheumatic disorders. In fatty degeneration of virions organs. Against undue deposition of fat in gen eral, and the evil consequences of indiscretion in eating or drinking. ORDINARY DOSE: A Wineglassful before Breakfast. Cheap, Effective, Palatable, ALSO Sparkling Apenta in Splits;: Natural Apenta Carbonated, A Refreshing and Pleasant Aperient for Morning Use. f DRINK WHILE EFFERVESCENT. Sole Exporters: THE APOLLINA RIS CO., Ld., London. IT PATS TO SAVE OR INVEST MONET WITH The ConservatlTt Sitings & Loin Ass'n. Our rat of dividend has never been less than t per cent per annum, com pounded semi-annually. In our thirteen years of business we have handled over $8,000,000.00 without the loss of a cent to anyone, and distributed among our members over J3OO,0O0.0O In divid ends. Fifty rents opens an accojnt, to which you can add any amount at any time, or you may Invest from JViO.oo to ' 15,000.00 any daft on which we pay cash dividends. " Fifty dollars may be withdrawn In any month, without notice. Present assets, $1,460,000.00; reserve and undivided profits, $56,000.00. Lioans made promptly pn Improved prop erty. Call or write for information. ' The Conservative Savings & Loan Ass'n,' 206 So. 16th St.. Omaha. Neb. hm nrenident of the First National bank; 3 T Tr.rn.rr of Pawnee City, president ... - - . . i ' .uniatlnn' 1" . or tne weorasaa oani. "-""" - . r i.. mi A w T nnbhtns.'.' -' "ft"' The Bankers' association tin afternoon elected the following officers: n Harvev of Beatrice, prealdent. executive council C. T. Kountae of Omaha; v T. u.ll nf TJncoln: C. B. Anoeraon 01 Crete; J. J. Mcintosh of Sidney, both of the latter members at large and J. P. A. Black representing group five. The office of vice president was abol ished. The .association concluded Its meeting with a banquet at the Lincoln hotel at which 300 were present. The banquet was given by the Lincoln Clearing house. PEATH RECORD. H. P. Cutting. OSCEOLA, Neb., Oct.' 28. (8pecial.) With the death of H. P. Cutting df Com pany C, Sixth Iowa Infantry, whose resi dence was at Stromsburg. there passed away a soldier of the civil war 66 years of age. who waa the oldest pensioner In Polk county, - his certificate being numbered 49,998. He drew the largest pension of any comrade In the county it being $56 a month for the loss of hia left arm at tne snoumer Jol"t. W. P. Dewey. W. P. Dewey, who was a retired lawyer of distinction, who died Tuesday at Yank ton. S. V.. was a brother of Mrs. W. W. Eastman of 2602 Seward street, this city. Mr. Dewey was surveyor general of the territory of South Dakota under President Orant and was a fifth cousin or Admiral Dewey. The death of Mr. Dewey leavea Mrs. Eastman the only surviving member j OI lamuy ui icii uinumn. . Aa Ontrnae. It's an outrage to let your skin aufTer without help, when burned or wounded. Use Bucklen'a Arnica Salve; 25 cents. For sale by 8herman 4 McConnell Drug Co. Sale of Capitol Lands. PIERRE. & D., Oct. 25. (Special.) State i rnmmluliiner Bach left this after noon for Edmunds and McPherson counties. where he will offer the nrsi of tn state capitol land for sale. While the Inquiries h.v. hn numerous, the amount which Will be sold Is a matter of much concern to th capitol commission. nas. vmsum's SQ0THIH3 SYHU? Vaa beea need br Mllllanj of Mothers for their aklldrao while Te hit tidJo. tor otst Vitty Tnrt. It suoum it esiid. sulteo lbs gnsus, allsrt ( all p&ln. eora wind cuiie, aad IS ut IWEHVl-rlTI CT.WT A MOTTl.. AMI SEMENTS. CINII4HTON Pnoaa 404. MODERN VAUDEVILLE MATINEE HAHT OCa TODAY Children lOe. Tonight Silo Price, to. He. SO. Knilft TH IATII ft U V r,r lie. M, too. It TONIOHT, :16 The Oreat Melodramatic Success A WIFE'S SECRET A Story of Intense Heart Interest. gu0jy HAPPY HOOLIGAN ARABOLA W V. V tl l" tl Iks w. . Ikn AMI SEMENTS. 5t Wcodward & Burgee. - "W TONIGHT TONIGHT TONTtSHT MAY IRWIN : And Her Own Company. In MRS. BLACK IS BACK. Hear Miss Irwin's New Songs. . Fri., Sat. Mat. and Night-Charles Frohman Presents Augustus Thomas' Greatest Comedy Triumph MRS. LEFFINGWKLL'S ' BOOTS. Laat Season's Fashionable Furor in New York. , BlIRWnnfl Nights Sun. Mats. 10c, 28e' OUnilUUU Tues..Thurs..8at.MaU.10-$tlc Telephone 1506. THE WOOD W A HO STOCK CO. SIXTH BIG WEEK Tonight aad All Week LOST PARADISE SPECIAL MATINEE TODAY AND DOCBLE ORCHESTRA, Next Week-THE LITTLE MINISTER BOY D'S FREE FOR UDIES OHIT. MONDAY AFTRRXOON, OCT. 80, AT 2l80 O'CLOCK. A SCIKMTIFIC LECTURE ON BEAUTT CULTURE AND FACIAL BLEMISHES By DR. CRISTION OF PARIS, FRANCE. Lat of Pari Academy of Sciences. ' Beauty Doctor to Mmea. Bernhardt, La Tour, Pattl and Langlry. Assisted by one of the most beautiful women of. her age. THE KILTIES" ARE C0MIN. : Three Concerts; HALLOWK'EX NIGHT, OCT. 31, WEDNESDAY MATINEE, NOV. 1, WEDNESDAY Evening - NOV. 1. Program As Played Before His Britannic Majesty.' King Edwavrd The First' '. And The BrhUK Court At Balmortvl And SandringHam. Lst Fedl. Prices tBoxes $1 .00) 75c, 0e, . tfe.; Children 260. Mr. and- Mrs.- Chambers' School of Dancing How Op 21 Adult beginners, Mondays and Hur days. P. M. . Assembly dates furnished on applV cation. Children, Tuesdays and Saturdays. ' Misses and masters advanced Satur days 4 P. M. , ' - High School Class ops as Friday, Oe tober tOth, I P. M. , , Telephone F-1871, 4 I " " - -t-I 1 W w - ' VTVB n L H