Omaha daily bee. (Omaha [Neb.]) 187?-1922, December 09, 1906, EDITORIAL SECTION, Page 5, Image 17

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THE OMAITA SUNDAY BFE: DECEMBER 9. 190fi.
Nebraska Banker s Views on Asset Currency
The Commoner.
Hvnry V. Y h t r. president cf the Ni -braska
National bank. Omaha, del'.verel
nn address before the Nebraska Uanke
association In fj position to at cur
rency. Mr. Yates h written for the
Commoner an art-le presenting hi view.
Vhlie the Conimomr dos rt"t entirely
ng-ee itli Mr. Tats, h, nrti'l- ill aid
e'ommoncr readers In (.Mailing a correct
view of the dingers Involved In th pn.po
sitlon now urged by the "nn-ifr.t d 'liar''
people. Itead Mr. Talcs' article cat (-fully.
Here It la:
The so-called nc-rt eurrercy, but which
"uH be more properly U rmeJ "credit
burri-ncy" for the reason that it ai'.l te
unsecured, ar.d bn'ed only t:pon the credit
of the Issuing hanks, s.-enis to have re
cently gained coni'l.-rnble Ir-ipetuF. t.r.l
stands a good chance of getting a foot
hold in our financial --te-n, by the jms
ase of a lam- authorising It at the ensuing
Fnion of ror.gre-s. The f-chrnie now
prominent ti prepared In a r- n.itk.ible
manner and Is launched up..n the coin.it y
as an unanimous agreement among bank-
ers. Tn the report of the spc-ial com
mittee of the American Bankers' a '.n
tlon proposing this measure It 1 declared:
"That the present volume of bank notes Is
wra.lly Irresponsive t tne demand of
commerce. It does not expand with the
need of currency In the crop moving pe
rlM. reusing a stringency; nor contract
when the use for currency are less ex
tensive causing a redundancy." Tntler this
ppeclona pretense it Is proposed to involve
this country Into a system of bunk note
ebwk rnnjr vanish as it did In lI'i-4. Ks
pecU'.Iy may this l-e the case If It la sub
jected to the Increased burden propose 1
and in that case all the benefits the
country h believed it achieved by the vic
tory cf the gold standard would be put in
Jeopardy.
The magnitude of our present stock of
money is the wonder of the world, both for
volume and per capita. Conired with
Great Britain, the only country with ahiih
w? ought to be compared, and the con-ttar-t
is amatlng. A few extracta from
an rrticle published In the New York
Drinkers' tivagatlne for October by an able
I.ngliMi writer will be pertinent in thi
connection, lie says
"Many people lioth in London and New
York teem to dream all the time of elaetic
crm m ie (meaning In reality a constantly
expanding um my), elastic credit and
clastic bank deposits. Give them a few
million eoverclgrs of American eigies as
a lias's. :id they will build up on it jyra
n:M of paper wealth. The boldest pyra
mid builder may be the keenest buyer of
gold no ply because he has most neesd
of It.
a large extent rerfoim the serv ice f r b cn
money was formerly required.
it mill le admitted. 1 thit.k. that If thera
Is a large movement of funds in the fail
frm New Tork to the Interior it would be
manifested by a rtiiuct.cn of the deposits
Of the interior banks In the New Yoik
tanks. 1 ne only figures at band Tor this
investigation are fojnd In the comptroller a
itporta. I do not pretend to say that these i
figures aie conclusive of the Q.uet.tln. ,
There may be Intervening periods which
uld show differently. But cutali-.ly the )
comparisons i now make are very sugges
tive, and may not be eurlly explained
otherwise than as they show. The comp
troller f report for lis is not out. The lat
est statement in the 16 report Is that of
August 2, or near September 1 prior to
this is that of Miy 2S. The?" two state
ments for New York City compare as fol
lows: Ixans: May 3. r70.S6.7; August X.
f.).ll ; incitrtse j4.i7A ut. t. asn: Nail- nl
bana note, legal terioeie. specie, f rat tioiiaj,
M.t? Jt, -4ti. B.diV; A u a UM i-i. "i. .u,l .
incit!H. js.iisi.Mi. I(ep-js.ts cf bjnks: iu.y
J. ..',. August dl.lkl.'iZl; lUctwue
$J4.18,i(u.
Going back to 1!4 in order to get a later
date than August '. with which to com-
"If money, metallic or paper, or both
combined, could make a people hanpr. the pare the summer statement, we have
Americans rv.irtit tn be the envT of the follows:
world. They have the largest quantity aa
well as the greatest variety of It. The only
nation which might presume to compare
Itself with them as regards plethora of
paier is the neighboring republic of Colom
bia, wiiose paper dollars run up Into hun
dreds of millions. At the mime time the
Vnited States, while eclipsing Colombia on
oft money, can beat Krance Itself on
HDTO)
ii MJJj
LLsIs VJ J at isssii
Tv-FIPflWD)
SjQLj.
We take inventory on January 1st, and we have accumulated
quite a few odds and ends of SUITS and OVERCOATS from the
season's selling and we wish to close them out this week
currency which met with Its (juletus fifty "hard money.' It la the one and only pos-
ars ago. The committee does not ex
Hain how It Is that the mere failure to
expand should cause a rtrirret.cy, it Is
c-ertclnly something else which cnusc-s the
rtr ireency. What, of riurs. It means Is
that the use for money at certain periods
is creater than Its supply. This Is a con
dition hlch frequently happens In this life
both to banka and Indiridunl". Bank notes
tuw singled out na being this very defec
tive currency, but why should not tnH
nd t'nited States no',ee be ejnbracv-d In
file same category? their f.illures to ex
rnd ought also to cause stringency under
Jlke circumstances.
I snld that this committee's report was
prepared In a remarkable manner the
facta will Justify. I think, the assertion.
In order doubtless to be rid of a question
which tai constantly "bobbing uo." the
convention of the American Hankers1 as
sorlMior, hHd let year voted the nnoolnt
rsent of a committee to report upon the
currency rytestion at the next Fespion. This
committee presented lis report nt the con
vention lately held in 6t Iu:is. Tliere
waj no possibil'ty cf this coinmittee's
reenmmendattona Ix-ing Bdopted and th
result would indicnte that tlic main Inten
tion wns In some ay to get the asaocla-
tlori committed to the general nronositlon
i 1n such a manner as to have the Hnpear
ance of unanimity. In the discussion of
' the ciuestion hours were given to papers
find addresses In Its favor, but by the adop
tion of a cast Iron rule, onlv five minutes
were allowed to anyone who miglit hare
essor of a tS.'X'.OiM.000 currency quit'
unlgue distinction in commercial history.
"At the nt-aren available date to July
1. 1S06, tbe circulation of the Vnited
Kingdom ws. In rund numbers, one hun
dred aid fifty milllone sterling less than
one-fourth of the stock of money which
the Americans And so inadequate and In
elastic. "The comparative volumes of the two
currencies, British and American, are Ir
reoonclliable on any theory of the rela
tive amounts of work they have to do.
The only ground on which the Americans
might claim a larger circulation than ours
Is that they number SO. 000, 000 against our
41, 000, 000. In every other respect the
advantage is with us. Our foreign trade
as a whole, that is Imports and exports
combined, is still 40 per cent larger than
theirs.
'"We come now to the final and crown
ing j aradox in this series of contracts
between a new currency system and an
old one. The new one. which, so far as
Its stock of money is concerned, ought to
be much the stronger of the two. draws
most frequently and systematically on
the foreign money markets."
It is aeseried that there is no Intention
to inflate the currency that the Jlan Is
only to provide elasticity to our existing
money. But there Is no proposal to retire
a single dollar of this money as the other
is Issued.
It is true tliat the proposed bill limits
Ixwns: June . tT3.V4.KI; November 10.
t.jvu.44.; increase. tci.jt,yl. tss.-.: June
. V-oo.tH-.M, , November lu, oi.Hi..l, de
cit.ise. I7.U1.01&. Deposits: June . t-r "4,
November ii, j(i,;u;,X; metcast M-,-KCiTil.
It will be seen from the above that with
no considerable change In cash the de
posits from May -K to August X: llsiu, lu
creaaed neariy Xij5,t "j,o. and in the period
from June ! to November 10, 1!H, they
incr'ated about 4C,U'.iu.ti. In both case
there was a large Increase in loans. j
From this It can be easily seen that the
reaerves of the New York banks may be
vitally affected, without the bani.a parting
with any cash. A large increase in loans. ,
as a rule, is attended by a coincident in
crease In deposits not of batiks, but in
tlie accounts of the parties concerned in
the loans.
This increase !n deposits demands urujer
the law Increased cash, and liei.i it fol
lows that the banks' reserves Lcco;ne
strained. Currency undoubtedly Is fre
quently sent to the country, but this de
mand does not necessarily affect the loans.
If It affected anything It would be the de
posits, and the lowering of deposits would
also lower the reserve required.
This comparison, I think, will confirm the
popular Impres'lon which has long existed,
that the extraordinary high interest ratea
which sometimes prevail, oot only in the
fall, but at other periods of the year in
New York, are due to conditions iiecullar
to that market and not to the ordinary
business demands of the country.
The volume of securtics depending al
most scleiy upon New Tork for the sup
port of their current prices is enormously
large.
We cannot know, of course, to what ex
tent the holders of a large portion of these
ecurtlcs have personal control of some of
these banks, but It has been demonstrated
on many occasions that speculators In them
tion to accomplish a definite pur-pose than
there was In this convention to stampede
the bankers of the country Into favoring
the scheme by causing It to appear to be
the unanimous conclusion of the bankers
there assembled.
In the late hours of the convention, when
., .,... f note, to the cmnital stock. have il thelr Pwer to put up the In
something to say against it. This was the nich s the volume now authorised, for trt nir when It suits their wishes, or
unanimity mentioned In the committee's notes secured by bonds. ' " o"nanaea oy tnetr necessities. It is
report. Vhetber so especially designed or Thi limit lias never been reached for "so tle,r that speculators for a decline in
not. there could not have been a better the reaaon that the bonds cannot be bad tock Pr'cee. in order to attain their object,
org.-tnixation in a packed political conven- or m-m cost too much to make it profit- tuke "vantage of the period when
able. The average now is said to be about moay i" in exta demand for legitimate
62 4 per cent. It is proposed to issue the b"scss purposes:
remaining 17 Vi per cent in unsecured These operations do not necessarily affect
note. ,n 'njr msnncr the supply of currency, as
The Imperative necessity for this issue check answer the purpose,
la said to occur in the fall, when U is 1 do not consider It as a positive fact.
riiml rritlcal condition freouently ex- I hare not the means of verifying
other matters were pressing, a resolution cts by reason of the demand upon New th statement, but If as many believe the
was put tnrougn lor the appointment of a Tork for money to move the crops. The lr,u' conditions rererrea to are due to
committee of fifteen to prepare a plan for Impression is actually sought to be con- stock transactions, it would be folly to
submission to congress. Of the fifteen the veyed that notwithstanding our Immense authorise an Issue of bank currency to
five members mi, king the report, whose money stock a sufficient quantity of It r'eve such conditions. If one of two
position wag well known, were specifically cannot be had to finance aa ordinary trade things must come down the price of sc-
movemenu curltles or the value of our money let it
That there is "water, water everywhere lne '"curltles. not the money,
and ,,t a droo to drink." If this Is true. Nw Tork Chamber of Commerce
the niblic is certainly interested, and es
pecially the agricultural producers whose
crops must be moved.
This extraordinary demand In the fall
has been so constantly asserted that It
may be haaardous to Interpose a douht
still there are facts to the contrary which
I think deserve consideration.
selling
suns
We have about
400 suits in plain
blacks blues and
fancy mixtures both
in single and double
breasted styles
These suits come in
all the well known
fabrics t h i b e t s
tweeds cheviots
fancyand unfinished
worsteds.
We have all sizes
represented but not
in any one line.
These suits sold as
high as
$55.00
We hcVi placed these goods on
separate tables and MONDAY MORNING
will sell them at the low price of ... .
W
vsLs 'ifife h-,tV''1'''i! V IrL
vl'X ftvv. jbOP
STJEOO
OVERCOATS
We have about
300 overcoats in the
regular style and in
the long loose coat
which is so popular
with the young men.
These coats come
in black oxford grey,
fancy mixtures and
plaids.
We have all sizes
represented but not
in any one line. Be
sure and take ad
vantage of this sale
as every coat is a big
bargain. "
These coats sold
as high as
$30.00
We would advise an early call as
the best are always first to go
BROWNING, KING . CO,
R. S. WILCOX. Manager
named and the remaining ten were to be
elected in a manner which practically pre
cluded the possibility of any one being
appointed who did not agree to the proposi
tion. Here was unanimity again.
The proposition is clearly ar.d distinctly
1n the Interests of the banks. 'What public
Interest may be Joined with the banks'
Interests depends solely upon the assertion
that the additional Issue of bank notes ia
"Imperatively demanded" In the business
of the country.
By Inference certainly, if not directly,
favors the establishment of a great na
tional bank, with branches and Prof.
not only her money, but herself iu a
woman and for what? "For splendid china
adorned with the Marlborough crest snd
coronet," "for stationery bearing the ducal
crest," for the pleasure of gaslng upon
"quantities of antique silver heirlooms,"
for the satisfaction of being served by
menials wearing "the Marlborough colors."
She gave all she had. and she subjected
herself to the chance that ha befallen her,
of feelkig a mother's sorrow at giving up
also her children, for these wretched trifles!
And ft. at is the rlKk everv American
girl runs who persuades herself, or per
mits herself to be persuaded, Into the
kind of marriage that Consuelo Vanderhilt
i made. She gives all she has and all she
is as a vomiui-she stakes her happiness
Johnson, in his address before the Nebraska woman, as a wife, and as a mother.
Bankers' association, elaborated upon the ' "T10" the CUBt of a S"'ime in 'hlch the
subject. This may be what is in the back- ' Pri arff "splendid china," and "antique
ground in all these asset currency schemes. ! heirlooms" and a "ducal crest" on her sta
and it will be conceded that if en un- ' HntrJ' nd a certain livery on her serv
secured bnnk note cun-encv must be iMsne,! i ants' backs.
Years ao a large amount of currency u wouI5 he Ivetter that it should be ! The question for every American girl to
was certainly required in tnis section ot
the country In crop moving times. But this
this must mean that our present volume hag not be, tho )n iale ywi, antJ i
IMPROVIM WATER UlUHWAVS.
Issued in this way than Indiscriminately ' ,sk herself, when invited or urged to such
by banks all over the country. ja marriage, is the question which Con-
The same Interest which favors the cen- ' Vanderbllt ta undoubtedly asking her-
of currency Is Inadequate. believe the statistics of the express com- ,ral i3? would also abolish our in- elf now:
lavtng out the volume of gold entirely would confirm the assertion. More dfPndnt treasury system, which has j Wu 11 wc""th the price? Was It worth the
and figuring only what may now he called curren.y than usuai may be needed, but served us o well through many trying i price?
credit money-meaning inereoy ail money t0 rre extert. It Is a period when Vars. indeed. It Is already proposed that
which depends upon gold for the main- there is a hardening of money rates every- the money In the national treasury shall
tenance of Its parity, and the volume of wnere, from the fact that merchants and be deposited In the banks without security,
this composed of Cnited States notes, na- mnnuf acturers then rr.ak their arrange- This conso'idating of banking functions
tlntial bank notes, silver and silver cer- mt.nI( for the coming year, and cattle feed- In the manner suggested Involves a ques-
tlficates la about tl.WO.OOO.OCO. This is a era a.n( grain storers need money to carry tlon which is too large for the limits of
per capita of nearly 119 against a per capita on their operations. L'Jt to SHttfv thete this article. Only this nny be said: It
of similar money In Great Britain of l.3Z, ordinary requirements actual currency is would Involve the destruction of our pres-
fkermany IS.74, Canada $12. and Trance riot demanded. ent system of Independent banks, which.
M2. Any Increase of this volume en- The reaaon for this change In the cur- notwithstanding the Imperfections which
lnrges the load upon our gold supply, which rency demand is apparent and what has will be coneeded, but in time will be ie-
Is now ample, aggregating about Jl.tVO.- occurred here has happened almost every- moved, is the best system of banking
00,000. We cannot always expect to have where else. More rurrency was needed for the Interest of the people the world
prosperous years the balance of trade may when, banks were not so numerous as now nag ever known. HEN'RT W. YATES
sometime turn against us. and our gold and trust tn them not so great. Checks to Omaha, Sovnr.Wr C4. IV..
she does not get It. The Cincinnati ex
ample Is worth thinking aoout.
St. Louis Republic: Two leading divines
of St. Louis express cordial approval of
the statement that the church, like a mer
cantile enterprise, requires publicity ad
vertising If It Is to achieve the greatest
good for the largest number. This opinion
ha found voice In two large American
cities St. Louis and Denver. In St. Loulr
the Rev. C. M. Chilton, an evangelist, de
clared In a sermon to a congregation of
First Christian church that "churches must
advertise. There ia no other way In a
big city, wher competition is as keen as
It Is in other walks of life." Almost coin
cident with this utterance was that of the
Rev. Frank N. Brown of Brooklyn, preach
ing at a church In Denver. "All modern
Sunday schools should have their adver
tising men and bureaus of publicity, just
as the modern mercantile establishments
have those adjuncts," said Dr. Brown.
"Sunday schools should place themselves
before the public in the newspaiers and
by other means. Much can be accom
plished by doing this."
('irfit tt Hear from People of the
Mississippi Valley.
St. Louis Globe-Democrat.
Congress is sbout to heir from various
delegation representing the waterways
movement in the most productive valley in
the world and that reaches into more than ! not ru" on his oars
ftERMO9 BOILED DOWN.
Things are without what they are within.
There is little love In long distance char
ity. Orthodoxy is apt to be conformity to my
habits.
Losing the temper takes the edge off the
ability.
A man never believes In honesty until he
his some of It.
No favoring wind comes to him who will
SAFEGl AHD1SG COAL LAD.
HtTtsit Prod eel Po.lblllt lee of tb
Property later Lease.
Portland Oregonian.
It Is estimated that the Vnited Rtates
government Btlll owns between WOO.Cmo
end 60,'i0(MO of acr s of coal landa. Con
sidering how much has been stolen or
turned over to wealthy corporations, for
V or S3 an acre, this fact is surprising.
This land was acquired by the government
as part of the Louisiana purchase and by
other similar acquisitiona. It was paid for
by the people of the nation. The question
now arises, what shall be done with It
Shall it t turned over to the trusts for
eapioiiaUiB with little or no recompense
to the nation, or shall it be husbanded and
made to return a much as possible?
The Interstate Commerce commission Is
prepared to recommend to the president
that this ecu land, which the nation still
owns, shall neither be given away nor sUd.
In the opinion of the ouninii.aion the gov
ernment ought to retain the title and )ee
the land, thu making It a permanent
source of revenue. It could be leased for a
very large sum. enough. It Is said, to de
fray almost the entire expenses of the
government. Including the Interest on the
rational debt. If this can be done, why
not do ItT Why should the people con
tinue to pay taxes, when they own property
which, with honest management, weuld re
lieve them of the necessity Why should
the government squander it legitimate' re
source's upon the fa voted corporations and
then tax the people to pay Its current
expenses?
In this matter the question of govern
ment ownership Is not Involved. The coal
lands of
to the nation. They have been bouzlit and
half the states ana terrftories. If any
member of congress thinks this an issue
tout can bo longer neglected lie will be un
deceived before the next election comes
'around in his district. Wbhln the last
i three or four years sxtlve work has begun
I on the Panama canal and nearly $iO.U.00
case, common sense says rent It. The plu- '.tor Irrigation has accumulated from the
toe ruts will advance many ingenious rca- sale of public lands. These are great enter
sons why the people's coal land should be priaee. The people approve them and will
riven away, but these reasons are all willingly supply the hundreds of millions The or.ly mar. whom poverty can crush
vitiated by the element of eelf-'nterest. needed to carry thtm to success. But C3n is he who icicks ti e riches of character.
The nation has In these lands a permanent ; congress Imagine that the vast population l'n3u? consciousness c.f the Intellect usu-
sou'.-e of Income, and if it is wise it will dwelling ah r.g the main inland rivers will ally res from an unrecognized s nse of
keep them snd so manage them as to nro- ! loncer be silent over a few fitful driblc is an aching void.
rtuce the greatest possible revenue. ' f.,r the Improvement of these waters? j No n atter how hungry a man may be
- I v v. f Improvement so fur has been s thing I he is n;ie to cl.i ke on the hicaJ of char-
tv without the butter of kindness. Cr.l
Ego Tribune.
PERSONAL AND OTHERWISE.
Mr. A. Grip Is no longer Swedish minister
to the United Slates. Lost It.
New Tork papers are now advocating
government control of monkey houses.
Chesty Japs should translate and ponder
over the Scriptural Injunction: Pride
goeth before a fall."
Sir Thomas Llpton's panegyric on Amer
ican prosperity calls for a freshly bread
beaker of tea as a reciprocal offering.
Bourke Cockrsn has been excused from
his duties as congressman. A bridegroom
at 61 or any other age finds a crowd Irksome.
A salary of JIO.OX) a yeir Is not too much
for a; man comj-etent to boost Chicago's
greatness, In view of the strain Imposed
cn his liction department.
A Chicago university ircftssor ho tackle J
the lazy boy. It is gratifying to know
that the great beacon of educational prog
ress has tackled a subject of its sise.
Pessimistic beyond reform is the critic
who doubts the coursge of the Judiciary
when one of the honored profession boldly
rules that it is no crime to hug a pretty
girl on a doorstep.
Notwithstanding the grave problems of
state placed before the people by President
Roosevelt. Baltimore insists that the main
issue is "s campaign of education on oyster
culture." Raw or stewed?
Chicago reports a unique discovery made
withc-ut the expense of a illoon. A slice
of railroad one mile long, valued at $T.0OC
CMiO, sll within the city limits, has not ap
peared on the tux rolls of the city or
Religion may have many forms, but they tor torty years, as b tax ooager
me cnicago prize winner leaves Deorasaa
tied at the poet.
The old Key mansion in Georgetown,
n"ar Washington, which was the home of
Francis S-ott Key. author of "The Siar
gpangied Banner." until his death, will be
spared from destruction and desecration.
This was ac-ompllslitd through, the efforts
of Mr. F. Key Smith, a grcM-granuson of
Trancis Soott Key.
The Chicago girl's "I mill'' blooms glor
iously. Tho hold-up man who tried to grab
her purse collided with a left hander and
escaped with one eye in niojrnlng. "Poor
fellow." exclaimed '.he girl us she shook
the fist that sn-ote Mm, "he needed the
DOMESTIC PLEASANTRIES.
"What's this I hear about your marrying
the immensely wealthy Mis Glimmer? You
certainly are a lucky dog."
"Then you haven't met her." Cleveland
Plain Dealer.
"Oh," said the young wifa, "George
doesn't love me as he did."
"Nonsense," replied her mother. "Only
this morning 1 heard him call you the
dearest girl in the world.' "
"Yes. but he used to call me 'the dearest
girl that ever lived." " Philadelphia
Ledger.
"Sir I 1 want to marry your daughter."
"Is that all you were hesitating about?
Why. 1 thought you wanted me to lend
you some money." Baltimore American.
"What's the matter, child?" asked the
bride's mother.
"I'm afraid he d-d-doesn't love me sny
more," the sweet girl subbed. "At the
Ounce last night he marked off only the
first, second, fourth, sixth, eighth, ninth,
eleventh, thirteenth and fourteenth for
h-h-hlniself." Chicago Kecord-Herald.
th
all have one face of love.
The more of a truth a man knows
larger liberty he finds In It.
The easiest way to fell out of the Chris
tian psth Is to sit down In It.
The man who brags of being speedy
doesn't fgure on the grade he Is on.
To make a child profess a man's religion
is to put him to school to hypocrisy.
-. . . iiivi.. . o I nna.ll nnu . . . - - - - j
I gone by wilho'-t any epprc priatun wlul-
Glorlea f Titled Aristocracy Prove to 1 ever, ar-.d river Improvermnt flels have
Be Iea Sea Fralt. j t-n t.cd up to rust In M.eness because
Chlcsgo Inter Ocesn. .there was no money to Keep tnem going
Consmlo Vandirhtit Churchill. dm)ies
hlch we stHrak alitwdy. belong , of Marlborough, according to a London
money badly or he wouldn't have taken
such a riak " Iin t she a oexr?
"Gerald, have you asked papa yet?"
"Oh. yea; I asked him this morning. It'
It's all right, Lucy."
"What did he say?"
"Well, he said there was no accounting
for tastes, and that if you had your heart
set on bringing me Into the family he
guesavd he could stand it."
"Oh. Gerald, isn't he a dear'" Chicago
Tribune.
FOREVER.
John Boyle O'Reilly.
Thoae we love truly never die.
Though year by year the snd memorial
wreath.
A ring and Mowers, types of life and death,
Aie laid upon their graves.
For desth the pure life saves.
And life all pure is love: and love oan reach
From heaven to earth, and nobler lesson
teach
Than those by mortals read.
Well blest Is be who ha a dear one dead;
A friend he has whose face will never
change
A dear communion that will not grow
strange;
The ancnor of lc-ve I death.
The b lead sweetness of a loving breath
Will repch our cheek ell fresh through
weary years;
For her wno died long sine, ah! wast
not tears,
Fhe's thine unto the end.
Thank God for one dear friend.
With fa slid radiant with the light Of
truth.
Whose love comes laden with the sont
of youth.
Through twenty year of death.
1
I d:t?patch, has aent hack to her husband
h l" I from her town house "the splendid l.iiid
a ;.l Th, fmlv nti.ati(in now ia.
they be managed with reference to the pub- anorn(.j witn ,he Marlborough crest and
lie wenare. or i"i so " ccronet and the quantities of antique s i
possessions of the rapacious trust' Some I ver )lCir;,M,mi
of the coal tana or ine gweru.nrui n.i. Me Brr a,,0 lnfonred bv
a I M aA L . w A 1 Ut St n aa I' p '
cen so4j m .in " ' (1r the Ijordon ".( v" r,re. ih.i
I.nd of precisely the wind eiuality will
rent for $1.X per acre. This being the
remaining servant, no
press
longer
With fteipM cmsestlon re;iorted in every
part of the country, theie is practically
"nothlng doing'' in bettering permanently
toe water transportation. Let cotigress
Tiuke up. The c!ei satior.s at its doors meaa
business. A few m.ull scraps for the. fee
ble Improvement cf the Mifstaslppi snd Its
the Jenkinses ' tt .butar.r . ar.it.ur.tir.- to l.tt'.e more than
a poor excuse lor ,oii.g Homing, w 111 no
longer surTV-e to l;erp more than half the
ear
t!:e
the
20 Discoun
(
We are direct importers of Opera Glasses and
offer you durirg the coming w?ek a fat discount
of 10 per cent on our entire line cf Opera and
Field Glasses.
We are exclusive makers of "O-T0T" imMMK SITOCAXS
no line vr cr k 10 blur the vision.
Huteson Optical Co.
Agent for the Eastman Kodak.
ractory as Va rrl gpeotael , U aa4ad, 11.00 a p.
213 SOUTH SIXTEENTH STREET.
LOsTDCaT
OatAKA
SEATTLE
Marlborough colors." tl.at "t.er grace has
Inhabitant cf the country quiet on their
hkealse discarded the ati.tie.nerv ..-.e.n. tigh'.s. Appro' rlatwus by cor.gress are a p.
tha etucai erat t,om- ... r h '. iToSi l.tr.g 1c v.. ,i ej a ear. '1 he last river
only with 1 e r advlress. has scrupulously
put aside all Indication of her rank." and
will probably leave Lnglund and " huoae
one of the Italiun cit.es for her permanent
abode."
Consuelo Vanderbllt gave a'.l she had
tnd harbor bill wis skimped down to $i0.
leO.U'V Congress will not be able to shufll
off the present demand with a few mean
laKless g n-ralit!e about keeping down ex
panses. What has bien kept down U
Vaierway Improvement, not expense.
KECILAR IliUla AT 1'Uk PI I PIT.
DENTISTRY i
S aav rest. dies that saifal as.
t U1 aad crows teeth without
Fla. Of coarse If year We-ta are
n lt t.aop aoi e4lua ten
aA of paialeeaaas la year dsatal
work. But U tk.y ar s.aaiuve
yeall ajipretolat It, xu Aaabt.
My charge are vary reasonable
DR. FICKEG, Dentist.
rh. Doaf. 5JT. S3 Be Bid-.
PlttsVurg D'.?iatch- Vr Parkhurst says
, that the Parson's proposition for msrr'.age
Ion trial would 1-e "consecutive polygamy.'
I Very likely: but what else Is the easy
divorce tys'.em ror tnoe a no can ar
lord it?
e'h cTgo P.e.'O'd-lb ruld : Rev. Dr. Pe'.ers
I declares thut New York s;vie'y wears the
soiled unuri clothes 1 d privity b-nealh
the white couk of virtue. To casual ob
servers the white cloak often appears to
be pretty bbdly streaked and smirched.
Minneapolis Journal: The wife of a Cin
cinnati tt.lni.ter h a recently been voted
a salary by her husband's congregation.
The minister wife, as a rule, earns any
thing she gets, ar d Lhen, Lif of tb Uua
&- vr7 A ws
mm
New book for 1 906 is the
most beautiful book we ever
issued. Pictures in natural
colors cf 97 presents for the
users of Arbuckles ARIOSA
Coffee. Will be ent free
to any one who writes for it.
Do you real re what a peat but: oral ibis
ArUtckie' AKIOSA Cot! ne a At ssanjr as
30.000 Urttetj for praaec'i recfirrci here ta
(J.r. la yeac we eje-patthei fosr ii.ilu.ja
avlvidaal prearnis to our cuMooiec preaeou
thai bsouat ieaca ok thaoL aad appreuaucja i
sctara.
Here is one from Mrs. De
Jmette :
44 1 appreciate higlJy
the beautiful presents teal me
from you from time to time and
will say that your coffee is the
leading brand on the market,
the purest, best and healthiest'
coffee rver made. 1 have been a
user of it for 25 years and will
want it as long as Lie Lasts. ' The
coffee is worth three time its
present market t
Millions cf persons in every part
of the country drink no other
Coffee, and swell the sales of
ArbuckW ARIOSA unLl thev
exceed the combined sales of all
the other packaged coffees.
Arbuckles ARIOSA is the
be?t Coffee for you, saves your
money, and gives you present
besides. Speak softly but plainly
to your grocer man if he tries to
sell you bulk coffee. Tell him
you know.
ii jrour grocer won't n-TV-y. w-rilg ka